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City Council Regular Meeting Minutes <br />February 14, 2023 <br />Page 2 <br />1 <br />2 Motion by Councilmember Walker, seconded by Councilmember Jenson, to approve the Consent <br />3 Agenda items. <br />4 <br />5 Motion carried 4-0. <br />6 <br />7 IV.PUBLIC HEARING. <br />8 <br />A.9 2024 Budget and 2024 Budget Calendar Process. <br />10 <br />11 Mayor Stille opened the public hearing at 7:08 p.m. <br />12 <br />13 Finance Director Shelly Rueckert presented a power-point for the public hearing for the 2024 <br />14 Budget. The goal Setting, Financial Management and Planning Sessions were held January 25- <br />15 27, 2023. This evening a public hearing will be held to provide residents with an opportunity to <br />16 have input in the 2024 Budget process. Ms. Rueckert reviewed the Budget Calendar. <br />17 <br />18 From February – April 2023: City Council work sessions with the City Manager, Finance <br />19 Director and City Engineer will be held for discussions on 2024 Debt Levy and updated 2024 <br />20 Street and Utility Improvements Plan. <br />21 <br />22 April – May 2023: Staff Meetings with Department Heads will be held with discussions on 2024 <br />23 Operating Budget and Capital Budgets. The City’s Budget Parameters are: <br />24 City revenues budgeted using current run rates for sources that are subject to trends and <br />25 conservative baseline estimates for re-occurring aids and charges for services. <br />26 Expenses budgeted at amount that will maintain present level of City services. <br />27 Liquor transfers are based on operating results. <br />28 <br />29 June – August 2023: Further work sessions with Council – Discussing Staff Proposals for 2024 <br />30 Operating and Capital Budgets. <br />31 <br />32 August 23, 2023: Presentation of the Proposed 2024 Operating Budget & Property Tax Levy to <br />33 the City Council. <br />34 <br />35 September 13, 2023: Resolution passed: Setting the proposed 2024 Operating Budget and <br />36 Property Tax Levy. The date and time for the final Budget and Tax Levy will be discussed. <br />37 <br />38 October 10 and 24, 2023: Presentation of long-term capital budgets/plans. <br />39 <br />40 October 10 and November 14, 2023: Presentation of Water/Sewer operating budgets and rate <br />41 adjustments. <br />42 <br />43 December 12, 2023: Presentation of 2024 Operating Budget and Levy with Public Input. <br />44 Adoption of the 2024 Operating Budget and Property Tax. <br />45