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CC WS PACKET 10222024
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CC WS PACKET 10222024
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City of St. Anthony <br />CITY COUNCIL WORK SESSION <br />Minutes <br />October 8, 2024 <br />Present: <br />Mayor & Council: <br />Mayor Wendy Webster, Councilmembers Lona Doolan, Nadia Elnagdy, Jan Jenson and Thomas Randle <br />(arrived at 5:37 p.m.). <br />Absent: <br />None <br />Staff: <br />City Manager Charlie Yunker and Finance Director Deborah Maloney. <br />Call to Order: <br />Mayor Wendy Webster called the Work Session to order at 5:30 p.m. <br />1.Approval of CC WS Meeting Minutes <br />A.September 17, 2024, Joint City Council and Commissions Work Session <br />Motion by Councilmember Jenson, seconded by Councilmember Doolan, to approve the Joint City <br />Council and Commissions Work Session Minutes of September 17, 2024, as presented. <br />Motion carried 5-0. <br />B.September 24, 2024, City Council Work Session <br />Motion by Councilmember Jenson, seconded by Councilmember Doolan, to approve the City Council <br />Work Session Minutes of September 24, 2024, as presented. <br />Motion carried 5-0. <br />2.Work Session Topics <br />A.2025 Long Term Capital Budget Plans <br />Finance Director Deborah Maloney reviewed the Capital Equipment, Building and Parks Improvement <br />Funds have been long-standing capital funds used by the City. The Stormwater Fund has funded <br />stormwater improvements since the 2015 retirement stormwater bonds. The Utilities Infrastructure <br />Fund was established during 2016 for the replacement of water, sanitary sewer, and fiber optic <br />infrastructure. Additionally, the Street Improvement and Debt Service Plan is the combined activity of <br />the annual street improvement funds and their related debt service funds. <br />The proposed 2025 Capital Funds Budget was displayed. This is based on the Capital Improvement Plan <br />that is reviewed and updated by staff each year to reflect purchases and repairs completed, and <br />upcoming purchases and repairs needed. The City Council is asked to consider the following four items: <br />Review and comments on the 2025 Capital Funds Budget. <br />Review of fund balances transfers from year-end 2023. <br />3
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