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1 <br />Mayor Stille opened the public hearing at 7:08 p.m. 2 <br /> 3 <br />Finance Director Shelly Rueckert provided an overview of the 2022 Budget Process and the 4 <br />Budget Calendar. The annual goal setting session begins the Budget Process and it was held 5 <br />January 13-15, 2021. This evening’s public hearing is an opportunity for residents to provide 6 <br />input in the 2022 Budget Process along with longer term insights to be included in future budget 7 <br />deliberations. During February – April 2021, City Council work sessions with City Manager, 8 <br />Finance Director and City Engineer discussions will include 2022 debt levy and Updated Street 9 <br />and Utility Improvements Plan. Once the year-to-year costs are updated, the level of bonding is 10 <br />determined, to be required to support the costs. Impacts to the levy are also discussed. 11 <br /> 12 <br />During April – May 2021 Staff Meetings are held with City Department Heads including 13 <br />discussion on 2022 Operating Budget and Capital Budgets using City’s Budget Parameters. City 14 <br />revenues budgeted using current run rates for sources that are subject to trends and conservative 15 <br />baseline estimates for re-occurring aids and charges for services are reviewed, as well as 16 <br />expenses budgeted at amounts that will maintain present level of City services and liquor 17 <br />transfers are based on operating results. 18 <br /> 19 <br />In June – August 2021 further work sessions are held with the City Council to discuss Staff 20 <br />proposals for 2022 Operating and Capital Budgets. 21 <br /> 22 <br />Ms. Rueckert continued reviewing the 2022 Budget Calendar. On August 24, 2021, a 23 <br />presentation of the Proposed 2022 Operating Budget & Property Tax Levy will be made to the 24 <br />City Council. On September 14, 2021, a resolution will be proposed for approval setting the 25 <br />proposed 2022 Operating Budget and Property Tax Levy. At that meeting, the date and time will 26 <br />be announced for the final Budget and Tax Levy discussion. 27 <br /> 28 <br />October – November 2021, the Long-Term Capital Budgets/Plans will be presented. On 29 <br />December 14, 2021, there will be a presentation of 2022 Operating Budget and Levy with Public 30 <br />Input, as well as, adoption of the 2022 Operating Budget and Property Tax. 31 <br /> 32 <br />Ms. Rueckert presented a background graph showing 2021 General Fund Revenues. 33 <br /> 34 <br /> Tax Levy 63% 35 <br /> Licenses 1% 36 <br /> Permits 3% 37 <br /> Inter-government Revenue 13% 38 <br /> Charges for Services 13% 39 <br /> Fines 1% 40 <br /> Reimbursable Revenue 3% 41 <br /> Transfers 3% 42 <br /> 43 <br />The general fund is the main operating fund. 44 <br /> 45 <br />A graph showing the 2021 General Fund Expenditures was provided. 46 <br />2