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HomeMy WebLinkAboutgr00090_000032_pg108PROCEEDINGS 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: Mayor Neisen Councilman Hodges Councilman Baumgartner Councilman Johnson Councilman Pickar Also Present: 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 77 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 $192,620.00 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.