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City Council Regular Meeting Minutes March 13, 2007 Page 8 Councilmember Gray complemented Chief Ohl and the department for the great job they do. He stated that the more serious crimes have gone down year after year asked if this is typical of the suburbs or is St. Anthony better than other suburbs. 5 Chief Ohl replied St. Anthony is a first ring suburb and one of things the Police Department has 6 tried to do is to work hard to decrease crimes against persons and property. He explained crimes 7 against persons are relatively flat, partly due to active patrols, citizens willing to call, and very 8 active investigations. He stated it is the efforts of the Fire Department, Code Enforcement, 9 Public Works, and the Police Department that keeps it flat. 10 11 Councilmember Stille stated one other reason to take note of bike patrol is one of the goals is to 12 identify environmental impacts of the City. He indicated it would set an example of what the 13 City could do make people think. IIe commented that in regards to response time, he read an 14 excerpt from an email he received on how fast it was. Councilmember Stille asked Chief Ohl if 15 he tracked response time. 16 17 Chief Ohl replied two minutes from dispatch to entering on scene is what they consider 18 acceptable. 19 20 Mayor Faust stated he is a big advocate of the use of 911. Ile reiterated 911 is there for people to 21 use. He stated residents should feel assured they will not be criticized for using it. He stated 22 Chief Ohl is in agreement. 23 24 Mayor Faust congratulated the department and stated the sensitivity shown by the officers to the 25 citizens is above and beyond. 26 27 3. Finance Department 28 29 Mr. Roger Larson, Finance Director, presented the financial report based on Phase 1 of the audit 30 completed the last week of January 2007. 31 32 Mr. Larson reported on the General Operation Fund with $4,308.958 in actual revenues and 33 $4,212,886 in actual expenditures. He stated the general fund revenues are received in July and 34 December so the City must maintain an adequate balance to meet daily obligations. Mr. Larson 35 stated the benchmark is the fund balance should be at 35 percent of the next year's budget. 36 37 Mr. Larson stated interest earnings, cash, and investments. He stated the general investments 38 amounted to $253,620, water filtration at $222,737, and HRA Investments at $129,681. 39 40 Mr. Larson reported the issuance of debt for 2006 amounted to $3,190,000. He stated this is 41 broken down by a $2,020,000 in road improvement bon, a refinanced 1998A in the amount of 42 $465,000 and refinanced 2004 temporary bond for $705,000. 43 44 Mr. Larson reported on the City's credit rating. He stated the City made application for and 45 upgraded its rating tax capacity needs to be higher for a rating increase. 46