HomeMy WebLinkAboutMinutes - 1973/10/01PROCEEDINGS OF THE VILLAGE COUNCIL
VILLAGE OF MOUNDS VIEW
COUNTY OF RAMSEY
A Special Meeting of the Mounds View Village Council to consider the 1974
budget was called to order by acting Mayor Hodges at 8:00 P.M. on October
1, 1973.
Present: Also Present:
Mayor Neisen
Councilman Hodges
Councilman Baumgartner
Councilman Johnson
Councilman Picker
Clerk- Administrator Zylla
Councilman Hodges announced that Mayor Neisen would be a little late because
he was in attendance at another meeting.
Clerk Zylla distributed copies of the 1974 Budget plus a Revenue and Expense
Comparison for the years 1968 -74. He explained that discussion this evening
would be limited primarily to the General Fund, the Utility Fund, and the
Bond Fund. He outlined the steps that are followed in the preparation of a
Village Budget.
The expenses of the General Fund for 1974 were reviewed. The following services
accounted for the largest budget increases:
Administrative Assistant beginning July 1, 1974 (tentative) 7,000.00
Two (2) policemen, one January 1, 1974, one about July 1,
1974 20,000.00
Continuation of the part -time building inspector (not budgeted
in 1973) 5,500.00
Added snow removal and sweeping costs
Additional street lighting
Addition of a Recreation Director
3,000.00
2,300.00
12,000.00
Clerk Zylla said that assuming a 7% inflation rate, about $28,000.00 worth of
new revenue is necessary to maintain the current level of services. Inflation
plus additional services amount to approximately $78,000.00.
If one takes the 1974 anticipated General Fund disbursements of $499,655.00 less
the contingency of $14,000.00, the increase over the 1973 budget can be accounted
for by inflation and the increased services enumerated above.
Clerk Zylla said that the State Legislature provided no new revenue for
municipalities and that any increase in the budget must be funded through a tax
increase. The General Fund tax levy for 1974 is $192 compared to
$136,787.00 for 1973. The budget receipts amount to $474,464.00 which is $25,191.00
less than necessary to balance the budget. However, with 1973 receipts expected
to exceed 1973 disbursements. no budgetary problems are expected to develop.
The 1974 General Fund mill rate will be 9.57 mills compared to 7.489 mills for
1973.
-2-
In the Utility Funds, a minor increase is expected in the water utility but a
substantial increase is expected in the sewer utility due to the loss of a
$35,000.00 one time sewer bill credit in 1973, and the addition of one new
Public Works employee. Total net income for the Utility Funds is estimated
at $86,450.00 of which $42,846.00 will be used for debt bonds and interest
which amounts to $148,535.00 in 1974. ($213,700 before the Ehler's report
reduction).
The balance of the net income will be used to build up the utility fund balance
from its dangerously low level of about $79,000.00. The utility fund balance
will be increased to provide for emergencies and to pay for the addition of
filtration facilities at Well No. 4, and the purchase of land and one additional
well at a later date.
The total debt levy will be 5.25 mills compared to 5.279 mills in 1973.
The anticipated tax increase on a $20,000.00 home will be $2.53 a year; on
a $25,000.00 home, $3.53 per year.
The Clerk agreed with the Council that the Village was presently in good
financial shape. However, he sounded a word of warning that unless the
Legislature provides new tax sources and relaxes the Levy Limitation Law,
problems may develop in funding anticipated 1975 disbursements.
Receipts
General Fund 1973 1974
419,083 474,464
Net Receipts
Water Utility 1973 1974
114,900 123,900
Net Receipts
Sewer Utility 1973 1974
145,200 211,700 1
1. Sewer use charges to increase January 1, 1974 from $9.00 to $12.00 per
quarter.
MSP (Neisen- Hodges) To adopt Resolution No. 611 certifying a General tax levy
for 1973/74 of $192,620.00. 5 Ayes
(Johnson Baumgartner) To adopt Resolution No. 612 certifying a bond and
interest tax levy for 1973/74 of $105,689.00.
MSP (Picker- Neisen) To adjourn at 8:50 P.M. c
es
Disbursements
1973 1974
407,967 499,655
Net Disbursements
1973 1974
86,303 94,975
Net Disbursements
1973 1974
154,175
103,000
ectfully Submitted,
if
ennis S. Zy
Clerk- Administrator
5 Ayes
5 Ayes