CC WS PACKET 09262023 - Laserfiche WebLink

Home Browse Search

City of St. Anthony CITY COUNCIL WORK SESSION Minutes August 22, 2023 Present: Mayor & Council: Randy Stille, Mayor, Bernard Walker, Jan Jenson, Thomas Randle, Wendy Webster, Councilmembers Staff: Charlie Yunker, City Manager, Shelly Rueckert, Finance Director, Mark Sitarz, Fire Chief Call to Order: Mayor Stille called the Work Session to order at 6:05 p.m. Fire Relief Pension Fund: Fire Chief Mark Sitarz reviewed the staff memo and provided background on the Fire Relief Pension Fund and the move of the funds managed by the Relief Association to the State PERA Fund in 2020 and the freezing of the benefit level for 5 years. At this time, the request is to increase the-per-year-of-service benefit from $3,800 to $4,200, which is supported by a financial analysis performed by PERA. Council asked clarifying questions on the pension structure for all the City’s Firefighters and the benefit level. Council discussed and supported the request, and asked staff to bring to the next regular City Council meeting. Council was comfortable including the item on the Consent Agenda. Fund Balance Review: Finance Director Rueckert reviewed the staff presentation included a review of the City’s Fund Balance policy which established a framework for initially prioritizing fund balance transfers. Staff recommends maintaining a 47.5% target General Fund balance level and transferring $60,000 to the Park Improvement Fund and $45,950 to the Community Center Fund to support funding known replacements and maintenance items. Council supported the recommendation and a resolution to approve the transfers will be included in the agenda for the first meeting in December, 2023. Future Work Sessions: Next Work Session will be held on September 12th, 2023, at 5:45pm in the Council Chambers. Adjournment: The meeting adjourned at 6:31 p.m. Respectfully submitted by Charlie Yunker, City Manager.