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Item No. 04 <br />Meeting Date: July 7, 2025 <br />Type of Business: Council Work Session <br />City Administrator Review: ______ <br /> <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Gayle Bauman, Finance Director <br />Item Title/Subject: Review Draft Municipal Budget for 2026 <br /> <br />Staff is requesting City Council to review and provide feedback on the attached portions of the Draft Municipal <br />Budget for the 2026 fiscal year. The City Council must adopt a preliminary tax levy by September 30th and submit <br />it to the County Auditor. <br /> <br />GENERAL FUND (Fund 100) <br /> <br />Revenues <br />100-3180 Franchise fees are continuing to trend up. <br />100-3341 LGA amounts are not yet known for 2026 and the City should try to reduce reliance on these funds. <br />100-3357 Budget assumes the City will be reimbursed 100% of the Peace Officer Benefit payments. <br />100-3371 School Resource Officer payments are booked at 100% for 2026. <br />100-3610 Unsure what Interest Revenue will be in 2026. <br />100-3631 Water Tower rental payments should increase with new AT&T lease. <br /> <br />Wages and benefits <br />The 2026 preliminary budget is currently being prepared assuming a 4.0% wage adjustment for all staff, an <br />increase of $45 per month for insurance benefits and the addition of 50% of the projected cost of the PFML <br />program. <br /> <br />Total FTE’s for the city increased by 0.3. This is due to increasing the hours of the Storm Water Technician to full <br />time. The police officer position eliminated in 2025 has not been added back in this preliminary budget. <br /> <br />A few departments have put in requests for additional FTE’s which are not included in this preliminary budget. <br />They are: <br />• City Administration – increase Kari Tholkes hours. Currently scheduled for 25 hrs per week. <br />• Community Center – increase one of the 20 hr per week leads to full time. <br /> <br />Advisory Commissions (100-4110) <br />Unsure what amount is needed for the Community Engagement Committee. The Gateway grant amounts are not <br />yet entered. <br /> <br />Administration (100-4130) <br />30% of the Asst. City Administrator/Community Development Director’s time is being moved here. <br /> <br /> <br />