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2 3 4 6 T 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 City Council Regular Meeting Minutes August 27, 2013 Page 3 stated that 80% of respondents indicated they would support renewal of the $2 million operating levy and 61% of respondents indicated support for a $400,000 capital projects levy. Ms. Webster indicated survey respondents were asked about the School District's information level and credible sources of information, stating that 41 % of respondents identified the School District newsletter as a credible source of information and noted that 12% of respondents consider the grapevine as a source of information. Mr. Laney discussed the legislature's changes in education funding and the way that operating referenda are defined and funded and because there was a lot of confusion about the new system, the School Board decided that no referendum would be issued in 2013 and to wait until 2014 in order to provide enough time to sort things out and clarify the issue for residents. Ms. Webster presented 2013-2014 enrollment information and stated that 80% of Wilshire Park students are residents and the average number of resident students per grade at Wilshire Park is 87. Mayor Faust commended the School District for its job performance ratings of 92% and expressed the City Council's thanks for sharing the survey results with the community. C. 2014 preliminary Budget Presentation. Shelly Rueekert, Finance Director, presenting_ Finance Director Rueekert presented the 2014 preliminary budget and discussed the 2014 budget calendar and 2014 budget parameters, including budgeting expenses at amounts that maintain the present level of City services, and pointed out that the City will receive $442,967 in Local Government Aid (LGA) in 2014. She stated the 2014 overall levy shows an increase of $206,218, which represents an increase in debt service requirements, and the proposed levy increase is 3.8%. She indicated the road levy will increase 12.6% and this represents the addition of the 2013 road project into the debt service schedule along with prior road debt restructuring which produced significant savings but deferred payment into 2014. She stated that the City's 2014 LGA will provide more resources for unmet needs and provide property tax relief, in addition, the 2014 LGA will address the costs related to severance obligations and will slow the growth of the road improvement levy. She reviewed 2014 General Fund revenues and expenditures and advised the overall levy amount of $5,633,007 is comprised of the General Fund levy, Capital Improvement levy, and three debt service levies with an overall levy increase of 3.8%. She stated the average homeowner paid $810.50 in 2013 for a home valued at $207,000 for City services, or $67.54 per month, and the average homeowner paid $419.12 in 2013 for street improvement projects. She indicated the City has a long history of offsetting levy needs by pursuing grants and service partnerships and has received over $15 million worth of grants and donations since 1999, or $1,898 per resident. She summarized the 2014 preliminary budget and indicated the General Fund operating budget totals $3,123,343 and represents a 0% increase, the proposed 2014 capital equipment budget totals $299,100, and the proposed liquor operations transfers total $347,444, of which $239,244 will provide funding for the General Fund and $108,200 will go to the capital equipment budget. She added the City Council will set the 2014 preliminary operating budget and property tax levy on September 10, 2013, followed by final adoption of the 2014 budget and levy on December 10, 2013.