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HomeMy WebLinkAboutAgenda Packets - 2010/06/07 CITY OF MOUNDS VIEW CITY COUNCIL WORK SESSION AGENDA MOUNDS VIEW CITY HALL Monday, June 7, 2010 7:00 p.m. ROLL CALL: Flaherty, Stigney, Hull, Mueller, Gunn PUBLIC COMMENT Citizens may speak to issues not on tonight’s agenda. Before speaking, please give your full name and address for the minutes. Also, please limit your comments to three minutes. Agenda Items Discussed by Consensus 1. Presentation about Housing Revenue Bond Financing 2. Presentation by Bob Benke about the Metro Highway System Investment Study 3. City Council Priorities for the 2011 Budget. 4. Discussion about the Police Civil Service Commission 5. Metro-Inet Joint Powers Agreement Next Work Session: Tuesday, July 6, 2010, at 7:00 p.m. Next City Council Meeting: Monday, June 14, 2010, at 7:00 p.m. Item No. 3. Meeting Date: June 7, 2010 Type of Business: Work Session City Administrator Review: ______ City of Mounds View Staff Report To: Honorable Mayor and City Council From: Mark Beer, Finance Director Item Title/Subject: Discussion of Priorities for the 2011 Budget City staff has been busy working on the details of the 2011 budget. This item is placed on the agenda to give the City Council and residents the opportunity to provide input to staff early in the process. Department Heads can then use this guidance as they work on the details of their proposed budgets. Key 20 11 Budget Issues: The Legislature has adjourned for 2010 by balancing the budget and adopting, for the most part, the Governor’s recommendations. The City had Local Government Aid (LGA) withheld of $339,558 and Market Value Homestead Credit (MVHC) of $160,156 for 2010. The state is facing a $5.5 to $6 billion shortfall for the next budget period beginning on July 1, 2011. Estimated LGA for 2011 is $482,474 but this is before the Legislature and Governor resolve the very large deficit. Staff is recommending that we do not include General Fund 2010 Budget by Type Personnel 63.1%3,583,509 Contractual services 21.8%1,238,489 Capital outlays 2.0%112,052 Supplies 4.8%271,764 Transfers 4.0%225,000 Fire debt service 2.6%147,195 Contingency 1.8%100,000 Total 100%5,678,009 General Fund 2010 Budget by Function Police 40.9%2,320,232 Public Works 12.3%698,081 Park and Recreation 8.7%493,636 Community Development 8.6%486,119 Fire 5.8%329,202 Administration 4.5%255,442 Finance 4.4%249,270 Central Services 4.2%238,082 Legislative 1.1%61,874 Debt Service 2.6%147,195 Contingency 1.8%100,000 Misc. Contracual Service 1.3%73,876 Transfers to other funds 4.0%225,000 Total 100%5,678,009 any amounts for LGA in the budget. This will create a significant hole in the General Fund budget for 2011. Inflation remains low at present and the state levy cap will be 1.68% for 2011 compared with .76% for 2010 and 3.9% for 2009. The state levy cap will be in effect thru 2011. The City’s charter cap is more restrictive and only excludes debt service and capital project levies from inclusion in the cap calculation. A 1% levy increase is $40,994. The maximum the levy could increase under the City Charter is 3% – 4% depending on inflation. ($122,982 to $163,976) The City is presently negotiating with three of the four bargaining units for the 2010/2011 contract years. The public works bargaining unit has agreed to no wage increase for 2010 and 2011. The 2010 budget provided for no cost of living wage increase. State aid reductions that have been passed down to the City have negatively impacted the General Fund. Many of our residents are suffering from the poor economy and lack the ability to afford a significant tax increase. The Council has directed staff to offer no cost of living for 2011. Health insurance cost increases are not known, we will receive our rate notice in mid August. The impact to the budget will depend on the labor contracts. The City provided an increase of $10 per month for the public works bargaining unit and non-union employees and has offered the same to the other bargaining units. The employer share of PERA will increase by .25% to 7.25% in 2011 for Coordinated plan members and .3% to 14.4% for Police which will add about $9,000 to personnel costs. This is a result of 2010 legislation to help stabilize those pension funds. PERA coordinated rates have increased from 5.53% in 2005 to 7.25% in 2011, police PERA rates have increased from 9.3% in 2005 to 14.4% in 2011. Personnel costs will increase by about $33,000 as a result of step increases, PERA rate increases, and estimated health insurance increases which affects those with single coverage. (10%) The police department will have a retirement at the end of July 2010, this may be an opportunity to review the staffing levels in the police department. The payroll cost for 50 employees is $2,175 per hour, $17,400 per day, $87,000 per 40 hour week. County dispatch fees will increase $11,825 or 18.1%. Fire department costs are projected to remain flat in 2011. Information technology costs will not increase for 2011. Fuel prices were budgeted at $3.25 for 2010 and that should be a good rate for 2011. Overall most revenues that are tied to economic activity will be flat. Investment income will remain flat in 2011 as a result of interest rate cuts and a weak economy. The franchise fee rate is at 3.79%, the revenue generated from this fee will be flat in 2011 as a result of lower energy costs and reduced economic activity. 2009 General Fund reserves are $2,756,516 this represents 48.5% of 2010 budgeted expenditures and transfers. Fund balance increased by $101,419 for 2009 as a result of decisions the City Council made in an effort to off-set additional LGA cuts in 2010. The City’s budget has been under pressure for several years due to LGA cuts at the state level, with very little left in discretionary budget items. The Council will need to give direction on how they would like to resolve the coming General Fund deficit. One of the City’s goals is to develop a sustainable budget. The deficit will be $300,000 to 400,000. Some items the Council can consider are: Reduce services/hours/personnel Increase transfers Increase the property tax levy Use fund balance Conclusion Staff is looking for direction from the Council on priorities for the budget and property tax levy. The above items are some of the issues that will drive the 2011 budget and are presented for your consideration. Respectfully Submitted, Mark Beer