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City Council Regular Meeting Minutes September 10, 2019 Page 2 3 4 6 7 8 IV. 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 C. Claims. Motion by Councilmember Randle, seconded by Councilmember Gray, to approve the Consent Agenda items. Motion carried 4-0. PUBLIC HEARINGS. A. Resolution 19-064; a Resolution Setting the Proposed 2020 Tax Levy and General Operating Budget for the City of St. Anthony Village. Mayor Faust opened the public hearing at 7:12 p.m. Finance Director Rueckert provided a PowerPoint presentation outlining the 2020 Tax Levy and General Operating Budget explaining the overall levy would be $7,609,458, which represented an increase of $298,005 or a 4.08% increase from 2019. She described parameters included within the 2020 proposed preliminary levy including City revenues budgeted using current run rate for sources that are subject to trends and conservative baseline estimates for reoccurring aides and charges for services; expenses budgeted at amounts that will maintain present level of City services; and liquor transfers based on current operating results. Finance Director Rueckert discussed the 2020 cost drivers in detail with the Council. She reviewed the bonds that were issued in 2019 noting these bonds were used to assist with flood mitigation along Silver Lake Road and for utilities reconstruction and sidewalks along East County Road C. She commented on how the median value homeowner would be impacted by the proposed tax levy. Finance Director Rueckert provided the Council with a summary on the 2020 budget and reviewed the budget calendar. It was noted the final presentation of the 2020 Budget and Property Tax Levy is scheduled for the December 10, 2019 Council meeting. At that meeting, staff will present a recap of the 2020 Budget and impact on the 2020 Property Tax Levy. Councilmember Stille explained this was the Council's sixth or seventh meeting on the budget. He reported the budget was completed systematically each year. He stated he was excited about the Communications Coordinator that the City would be sharing with the school. Mayor Faust closed the public hearing at 7:31 p.m. Motion by Councilmember Stille, seconded by Councilmember Gray, to approve Resolution 19- 064; a Resolution Setting the Proposed 2020 Tax Levy and General Operating Budget for the City of St. Anthony Village. 46 V. REPORTS FROM COMMISSION AND STAFF. Motion carried 4-0.