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7 <br /> • <br /> Liquor Operations <br /> The profitability of St. Anthony's Liquor Operations continues to be a focus for City <br /> Staff and Council. Projected Year 2001 profits of$230,800 represent a 12.5% increase <br /> over 1999 profits. <br /> As in the past years, a portion of the liquor profits is transferred to the General Fund to <br /> offset administrative costs associated with this enterprise operation. Last year's transfer <br /> totaled $90,000. Due to the increased costs in computer processing, networking and <br /> additional staff time spent on liquor analysis and administration, staff is recommending <br /> the liquor transfer be increased to $100,000. <br /> Changes to Liquor Operations may occur at SAV I and the Stonehouse depending on <br /> what happens to the redevelopment of the St. Anthony Shopping Center area. <br /> Conclusion <br /> St. Anthony is a thriving and redeveloping community and undoubtedly major <br /> AD renovations and projects will continue in the coming years. Protecting-and <br /> maintaining our infrastructure so that our City works both now and in the future <br /> will be an exciting challenge for City Staff and Council. <br /> One of Council's goals is to keep the Village look and feel to our community. <br /> Accordingly, service demands and the City's efforts to meet those demands, will <br /> continue to increase as these changes take place in our community. <br /> While the City always seeks to serve the residents' needs at the lowest possible cost, <br /> major renovations to the City streets, parks and stormwater protection will inevitably <br /> lead to future demands in City spending. The City Council and Staff will need to <br /> closely monitor the needs of the community to determine the level of services and the <br /> affordability of those services. <br /> Yours truly, <br /> Mike Mornson <br /> City Manager <br />