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City Council Regular Meeting Minutes August 25, 2009 Page 2 2 IV. PUBLIC HEARING. None. V. REPORTS FROM COMMISSION AND STAFF. 8 A. Update on 2010 Budget. Mike Morrison, City Manager and Roger Larson, Finance 9 Director, presenting. 10 11 City Manager Morrison and Finance Director Larson addressed Council and reported on the City 12 of St. Anthony 2010 Proposed Budget and the following proposed 2010 levies: General Fund 13 Budget; Road Improvement Levy; Lease Revenue Bonds; Housing and Redevelopment (HRA); 14 Tax Abatement (Central/Emerald); and PERA Rate Levy. A PowerPoint presentation was 15 provided on the following information: 16 ■ Budget Calendar — 2009 17 ■ 2010 Budget Highlights 18 ■ General Fund Budget/Levy: General Fund Levy is the same as 2009 Levy @ $2,945.511 19 • State Legislature Levy Limit Requirements 20 • 2010 General Fund Revenues 21 ■ 2010 General Fund Expenditures 22 ■ 2010 Total Proposed Levy (Includes General Fund, Roads, Public Facilities, HRA, Tax 23 Abatement, and PERA): Total increase in all levies = $187,508 24 • Issuance of Debt/Levy Impact 25 ■ Summary of 2010 Budget 26 • Next Steps in the Budget Process 27 28 Councilmember Gray noted that the Metro Cities employer health insurance contribution average 29 is 62.1 % per employer, while the City of St. Anthony will be down to 53.7% after this year. He 30 pointed out that after discussion on a $50 increase it had been decided that amount was too low 31 and to increase it to $100. He asked if other cities are going in the same direction as St. Anthony 32 with this contribution. City Manager Morrison replied that cities are all over the board as to what 33 they will do in this area. 34 35 Mayor Faust requested City Manager Morrison to extend a thank you from Council to staff for 36 understanding the economic climate and the 0% increase in wages. He stated it sends a good 37 message to the taxpayers that staff is working for them and being part of the solution, rather than 38 part of the problem. He pointed out that the City has received over $15 million in grants over the 39 years, which is a substantial savings to taxpayers, and that St. Anthony has kept its tax rate 40 significantly lower than the cities of Minneapolis and St. Paul. 41 42 Councilmember Stille pointed out that there have been many meetings with a lot of time and 43 effort put into the budget. He noted that employees that are members of certain health plans will 44 receive a net decrease in their take home pay due to this budget. 45 2