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HomeMy WebLinkAboutAgenda Packets - 2024/04/01 CITY OF MOUNDS VIEW CITY COUNCIL WORK SESSION AGENDA MOUNDS VIEW CITY HALL Monday, April 1, 2024 6:00 p.m. ROLL CALL: Lindstrom, Cermak, Gunn, Meehlhause Council Work Sessions are informal gatherings of the council at which no final decisions are made, rather consensus discussion to direct staff on council decision items. AGENDA ITEMS DISCUSSED BY CONSENSUS 1. MNDOT Area Road Construction Projects Update for 2024-Kent Barnard 2. Twin Cities North Chamber of Commerce Update-John Connelly 3. City Commission Updates & Discussion: A. Planning Commission-Dennis Farmer B. Economic Development Commission-Jeff Moritko C. City Council-Zach Lindstrom 4. SBM Capital Budget – Chief Retka 5. Care4All 6. Local Affordable Housing Funding Options Under the Metro Sales Tax- Brian/Nyle 7. City/County/School District Collaborative – Mayor Lindstrom 8. Discussion on Priorities for the 2025 General Fund Budget – Gayle PUBLIC COMMENT Citizens may speak to issues not on tonight’s agenda. Before speaking, please share your full name and address. Also, please limit your comments to three minutes. NEXT COUNCIL WORK SESSION: Monday, May 6, 2024 at 6:00 pm NEXT COUNCIL MEETING: Monday, April 8, 2024 at 6:00 pm THIS PAGE LEFT BLANK INTENTIONALLY The Mounds View Vision A Thriving Desirable Community Item No: 07 Meeting Date: April 1, 2024 Type of Business Council Business City Administrator Review City of Mounds View Staff Report To: Honorable Mayor and City Council From: Brian Beeman, Assistant City Administrator Item Title/Subject: Local Affordable Housing Options Under the Metro Sales Tax Introduction: Local Affordable Housing Aid helps metropolitan local governments develop and preserve affordable housing within their jurisdictions to keep families from losing housing and to help those experiencing homelessness find housing. Aid will begin in 2024. Funds must be spent by December 31 of the fourth year after the aid was received. Minnesota Housing plans to release a program guide with further details on frequently asked questions and language clarification sometime in 2024. Metro Cities has been discussing a webinar as a way for cities to share information with one another on how they plan to spend their funds. Some cities are considering implementing the new tax with uses including: • Preserving affordable housing units • Rental assistance • Housing stability • Providing down payment assistance for first time homebuyers • Supporting homeless prevention programs • Constructing new affordable units • Allocating funds to existing HRA programs. Use of Aid: Funds distributed under this aid program must be spent on a qualifying project. Funds will be considered spent if: • A county or eligible demonstrates to the Minnesota Housing Finance Agency that the city or county cannot expend funds on a qualifying project by the deadline below due to factors outside the control of the city or county • The funds are transferred to a local housing trust fund If funds are transferred to a local housing trust fund, they must be spent on a project or household that meets the affordability requirements described below under qualifying projects. Qualifying projects include: • Emergency rental assistance for households earning less than 80 percent of area median income as determined by the United States Department of Housing and Urban Development • Financial support to nonprofit affordable housing providers in their mission to provide safe, dignified, affordable and supportive housing; and • Projects designed for the purpose of construction, acquisition, rehabilitation, demolition or removal of structures, construction financing, permanent financing, interest rate reduction, The Mounds View Vision A Thriving Desirable Community refinancing, and gap financing of housing to provide affordable housing to households that have incomes which do not exceed: o For homeownership projects, 115% of the greater of state or area median income as determined by the United States Department of Housing and Urban Development o For rental housing projects, 80% of the greater of state or area median income as determined by the United States Department of Housing and Urban Development • Housing developed or rehabilitated with funds under this section must be affordable to the local work force Projects are prioritized that provide affordable housing to households that have incomes that: • For homeownership projects, do not exceed 80 percent of the greater of state or area median income as determined by the United States Department of Housing and Urban Development • For rental housing projects, do not exceed 50 percent of the greater of state or area median income as determined by the United States Department of Housing and Urban Development. Priority may be given to projects that: • Reduce disparities in home ownership • Reduce housing cost burden, housing instability, or homelessness • Improve the habitability of homes • Create accessible housing • Create more energy- or water-efficient homes Gap financing is the difference between the costs of the property and either: o The market value of the property upon sale; or o The amount the targeted household can afford for housing, based on industry standards and practices. If aid received under this program is used for demolition or removal of existing structures, the cleared land must be used for the construction of housing to be owned or rented by persons who meet the income limits described above. If an aid recipient uses the aid on new construction or substantial rehabilitation of a building containing more than four units, the loan recipient must construct, convert, or otherwise adapt the building to include: The greater of: • At least one unit • At least 5% of units that are accessible units, as defined by section 1002 of the current State Building Code Accessibility Provisions for Dwellings Units in Minnesota, and include at least one roll-in shower The greater of • At least one unit • At least 5% of units that are sensory-accessible units that include: • Soundproofing between shared walls for first and second floor units • No florescent lighting in units and common areas • Low-fume paint • Low-chemical carpet • Low-chemical carpet glue in units and common areas Beginning in 2025, aid recipients must submit a report annually, no later than December 1 of each year, to the Minnesota Housing Finance Agency. The report must include documentation of the location of any unspent funds distributed and of qualifying projects completed or planned with funds. The Mounds View Vision A Thriving Desirable Community Discussion: The Council to discuss the new program, local affordable housing needs, then determine how to direct the funds into a local affordable housing program. Strategic Plan Strategy/Goal: Ensure the attraction of affordable housing opportunities across all demographics. Financial Impact: The Estimated Local Affordable Housing Aid to be distributed in 2024 is $129,940. Final amounts will be released July, 2024. Recommendation: Staff recommends the City Council discuss and determine how to direct the metro sales tax into a local affordable housing program, then direct staff accordingly. Respectfully, Brian Beeman, MPA, CMC Assistant City Administrator ATTACHMENT(S): 1) Preliminary Estimate of Aid to be received in 2024 Projected 2024 Local Housing Aid Metro Cities Distribution City 2021 Population Cost Burdened Units Distribution Factor Local Affordable Housing Aid ANDOVER 32,708 1,701 0.0058 $178,392 ANOKA 18,041 2,036 0.0069 $213,525 APPLE VALLEY 56,318 4,986 0.0169 $522,905 BLAINE 70,979 5,555 0.0188 $582,578 BLOOMINGTON 90,974 10,451 0.0354 $1,096,045 BROOKLYN CENTER 33,585 3,585 0.0121 $375,975 BROOKLYN PARK 86,106 8,984 0.0304 $942,193 BURNSVILLE 64,627 7,105 0.0241 $745,134 CHAMPLIN 23,786 2,145 0.0073 $224,956 CHANHASSEN 25,936 2,204 0.0075 $231,144 CHASKA 27,931 2,462 0.0083 $258,201 COLUMBIA HEIGHTS 21,859 2,480 0.0084 $260,089 COON RAPIDS 64,128 6,350 0.0215 $665,954 COTTAGE GROVE 39,605 2,232 0.0076 $234,080 CRYSTAL 23,083 2,366 0.0080 $248,133 EAGAN 69,086 6,251 0.0212 $655,571 EAST BETHEL 11,791 405 0.0014 $42,474 EDEN PRAIRIE 64,142 5,011 0.0170 $525,527 EDINA 53,572 6,320 0.0214 $662,808 FARMINGTON 23,654 1,773 0.0060 $185,943 FOREST LAKE 20,991 2,049 0.0069 $214,888 FRIDLEY 29,536 2,967 0.0101 $311,163 GOLDEN VALLEY 22,334 2,444 0.0083 $256,314 HAM LAKE 16,489 1,179 0.0040 $123,647 HASTINGS 22,303 2,142 0.0073 $224,641 HOPKINS 18,926 3,451 0.0117 $361,922 HUGO 16,071 1,059 0.0036 $111,062 INVER GROVE HEIGHTS 35,743 3,731 0.0126 $391,287 LAKE ELMO 12,655 666 0.0023 $69,846 LAKEVILLE 72,135 3,764 0.0128 $394,748 LINO LAKES 21,236 1,577 0.0053 $165,387 LITTLE CANADA 10,766 1,528 0.0052 $160,248 MAPLE GROVE 70,247 5,021 0.0170 $526,575 MAPLEWOOD 42,139 4,089 0.0139 $428,832 MENDOTA HEIGHTS 11,652 746 0.0025 $78,236 MINNEAPOLIS 434,346 59,676 0.2022 $6,258,497 MINNETONKA 54,704 5,972 0.0202 $626,311 6/13/2023 City 2021 Population Cost Burdened Units Distribution Factor Local Affordable Housing Aid MOUNDS VIEW 13,133 1,239 0.0042 $129,940 NEW BRIGHTON 23,705 2,687 0.0091 $281,798 NEW HOPE 21,870 3,020 0.0102 $316,721 NORTH ST PAUL 12,397 1,395 0.0047 $146,300 NORTHFIELD 20,547 1,619 0.0055 $169,792 OAKDALE 28,135 3,489 0.0118 $365,907 PLYMOUTH 81,184 6,681 0.0226 $700,667 PRIOR LAKE 27,832 2,139 0.0072 $224,327 RAMSEY 28,520 2,114 0.0072 $221,705 RICHFIELD 36,661 4,323 0.0146 $453,373 ROBBINSDALE 14,838 1,900 0.0064 $199,262 ROGERS 13,905 595 0.0020 $62,400 ROSEMOUNT 26,133 1,524 0.0052 $159,829 ROSEVILLE 36,440 3,674 0.0124 $385,309 SAINT LOUIS PARK 50,144 5,932 0.0201 $622,116 SAVAGE 32,516 2,777 0.0094 $291,237 SHAKOPEE 45,593 3,572 0.0121 $374,612 SHOREVIEW 26,967 2,309 0.0078 $242,155 SOUTH ST PAUL 20,745 2,501 0.0085 $262,291 ST PAUL 312,040 40,122 0.1359 $4,207,779 STILLWATER 19,464 1,726 0.0058 $181,014 VADNAIS HEIGHTS 13,080 1,414 0.0048 $148,293 VICTORIA 10,968 319 0.0011 $33,455 WACONIA 13,297 1,360 0.0046 $142,629 WEST ST PAUL 20,882 3,254 0.0110 $341,262 WHITE BEAR LAKE 25,067 2,908 0.0099 $304,975 WOODBURY 75,723 5,727 0.0194 $600,617 TOTAL Projection provided by House Research staff. Analysis assumes $31.125 million available for city distributions in 2024. $31,124,996 THIS PAGE LEFT BLANK INTENTIONALLY Item No. 8. Meeting Date: April 1, 2024 Type of Business: Council Work Session City Administrator Review: ______ City of Mounds View Staff Report To: Honorable Mayor and City Council From: Gayle Bauman, Finance Director Item Title/Subject: Discussion on Priorities for the 2025 General Fund Budget Finance has begun working on the details of the 2025 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. General Fund 2024 Budget by Type Personnel 57.2% 5,760,400 Contractual services 21.1% 2,121,773 Supplies 4.1% 415,452 Capital outlays 1.2% 121,706 Fire debt service 0.8% 84,677 Contingency 0.2% 20,000 Transfers 15.4% 1,552,881 Total 100% 10,076,889 General Fund 2024 Budget by Function Police 40.9% 4,117,845 Public Works 11.0% 1,106,099 Park and Recreation 6.6% 667,328 Fire (SBM)6.3% 639,247 Community Development 5.2% 525,613 Administration 4.5% 449,795 Central Services 3.6% 360,845 Finance 3.2% 324,554 Misc. Contracual Service 1.5% 153,109 Legislative 0.9% 94,896 Debt Service (Fire bonds)0.8% 84,677 Transfers to other funds 15.4% 1,552,881 Total 100% 10,076,889 General Fund 2024 Budget by Revenue Source Taxes (property)68.33% 6,218,475 Other taxes (hotel, mfg home)0.96% 87,000 Intergovernmental 15.10% 1,374,677 Franchise fees 4.23% 385,000 Licenses and Permits 3.18% 289,522 Charges for Service 0.53% 48,025 Fines and Forfeits 0.39% 35,750 Investment earnings 1.10% 100,000 Miscellaneous 3.68% 334,983 Transfers In 2.50% 227,457 Total 100.00% 9,100,889 Key 2025 Budget Issues: The February state budget forecast projects a surplus of $3.7 billion for the current biennium (July 1, 2023 thru June 30, 2025), but spending is projected to exceed revenue through fiscal year 2027. Local Government Aid did increase for the City. Our 2024 allocation is 19.8% greater ($169,610) than 2023. The City Council budgeted for 90% of anticipated LGA for 2024 to guard against any legislative cuts or economic weakness associated with the state budget. Staff would recommend that we continue to decrease reliance on LGA and look at allocating more of this revenue source to capital projects. The state has unalloted LGA in the past and if this happens again, we would want to mitigate the impact to City daily operations. Inflation still remains high and has increased slightly over the past two months. The City’s charter cap was recently amended to give the City Council more flexibility to respond to the growing challenges the City faces. The charter cap excludes debt service levies, voter approved levies, and capital project levies from inclusion in the cap calculation. A 1% levy increase would generate an additional $68,847 in tax revenue. Property taxes account for 68.3% of General Fund revenues and operating transfers in. Ramsey County will provide preliminary 2025 values and projections in late August. The City has settled contracts with the two police unions and the public works bargaining group through 2025. The Police Patrol contract provides for a 3.0% cost of living adjustment (COLA) in 2025, the Police Sergeants contract provides for a 3.0% COLA and a market adjustment in 2025, and the public works bargaining group will now be following the newly implemented pay grade and step program that became effective in 2024 for all non- union employees. Due to the new grade and step program, the majority of employees are not at the top of their range and will receive a minimum step increase of 2.75% in 2025, in addition to any COLA the council may approve. The estimated impact on the General Fund with the approved Police contracts and assuming a 3% COLA for the new grade and step program would be $136,330. Health insurance premium increases are unknown at this time and are based on our experience (experience rated premiums). We will receive our rate notice in September/October. The impact to the budget will depend upon the size of the unknown rate increase. The City’s insurance contribution for 2024 was $1,245 per month compared with $1,200 for 2023, which includes a $200 per month HSA contribution for employees claiming single insurance. The City makes an additional $225 per month HSA contribution for families. As far as we know, the employer’s share of PERA will remain at 7.50% for General plan members and 17.7% for Police plan members. The PERA General rate has increased from 5.53% in 2005 to 7.50% in 2015 and the Police PERA rate has increased from 9.3% in 2005 to 17.7% in 2020. The state legislature controls the resolution of the underfunded pensions. There are requests for increased staffing from departments for 2025. City Administration is looking to increase their part time employee to 30 hours per week. This would make the position eligible for prorated insurance benefits and could increase the General Fund budget by $33,500 or more. The Public Works department is also looking to increase the hours of their part time Administrative Assistant and hire an intern in the engineering division with the goal of this intern becoming a full time Storm Water Technician. Costs for this have not yet been calculated. It is anticipated that the Fire department will have an increase in operating costs and a higher capital outlay expense for 2025. Our share has been mitigated somewhat by a switch to a fixed percentage formula going forward and retirement of the SLP Equipment Note. (2023 – 15.5%, 2022 – 15.5%, 2021 – 15.5%, 2020 – 15.998%, 2019 – 16.373%, 2018 – 16.158%, 2017 – 15.819%) Information technology costs (phones, computers, copiers, cameras, squad computers, network switches, desktop services, virtual servers, internet, email, software, laserfiche, anti-virus, VPN connections, and facility WiFi) will increase due to additional services and transition to a joint powers entity away from the City of Roseville. This moves Roseville employees to the joint powers entity for long term stability and continuity. This continues to be an excellent value for the City. Fuel prices were budgeted at $3.25 unleaded and $4.00 for diesel for 2024. With the current economic conditions staff is recommending the same amounts for 2025. Overall most revenues that are tied to economic activity will be in flux depending on Federal Reserve rate increases. Investment income will eventually increase as the city is able to recognize market value losses from prior years. The franchise fee rate is at 4.00% with the revenue being split between the General fund and the Street Improvement fund. 2023 General Fund unassigned fund balance is $5,273,021 and represents 60.4% of 2024 budgeted revenues and transfers compared with 64.5% for the prior year. The General Fund also has Assigned fund balance for Levy Reduction of $3,052,330, and $226,000 to balance the subsequent budget. It has been the Council’s policy to draw down the levy reduction funds over time and the Council budgeted a $750,000 transfer out to other funds in 2024 from Assigned fund balance. One of the City’s strategic goals is to develop a balanced budget and reduce reliance on the Levy Reduction Assigned Fund balance by 5% to 8% for 2023 thru 2025. Based on very preliminary projections, it appears the levy reduction funds could be fully drawn down by 2028. 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 2025 budget and are presented for your consideration. Respectfully Submitted, Gayle Bauman, Finance Director