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HomeMy WebLinkAboutCC WORKSESSION 07292003 Meeting Sheet 11911 VIII VIII VIII VIII VIII 1111 IIII 102994 Box: 29 Folder: CC PACKETS 2001-2004 Document: CC WORKSESSION 07292003 07/21/2003 10:01 FAX 612 781 9323 CITY OF ST ANTHONY [a001 s� TX REPORT mxc TRANSMISSION OR TX/RX NO 1186 CONNECTION TEL 612 706 1020 CONNECTION ID SCHOOL ST. TIME 07/21 09:59 USAGE T 01'26 PGS. SENT 3 RESULT OR City of St. Anthony 3301 Silver Lake Road St. Anthony, MN 55418 Phone: 612-789-8881 Fax: 612-781-9323 FAX T to: Susan Bodurtha, ISD#282 from: Connie Kroeplin, City Clerk date: July 21, 2003 re: Council &School Board 7/29 Agenda pages: 3 NOTES: Attached is the July 29 meeting agenda and a policy for Central Park. CITY OF ST. ANTHONY VILLAGE JOINT CITY COUNCIL-SCHOOL BOARD MEETING AGENDA 6:30 pm Tuesday, July 29, 2003 New Central Park Building 1. Call to order by Mayor Hodson. 2. Update on City Projects. a. Fire Station. Council will consider bids on site work and footings on August 26; bids on the building package will be considered by the Council on September 23. b. Public Works. Council will consider bids on site work and footings on August 26; bids on the building package will be considered at a special meeting on September 30. C. Stonehouse Project. The off-sale store will close on August 30 and be demolished near September 15 for the anticipated redevelopment. d. Autumn Woods. This is a 38 unit townhouse project. e. Kenzie Terrace Tax Increment Financing District decertification. f. Apache Plaza. 3. Update on School Projects. a. Citizen Ad Hoc Finance Advisory Committee report. 4. Discuss proposed policy on Central Park. 5. Discuss impact the impact on the School District relating to loss of grandfather lease on seniors/youth. 6. The next meeting will be on September 30 at 7:30 pm and will be hosted by the School District. Note: There will be a Council Work Session on the 2004 City budget following the joint meeting. CENTRAL PARK POLICY (Proposed) It will be the joint policy of the City Council and School Board that the following will be the policy governing improvements to Central Park. • Changes can only be approved by the School Board and/or City Council, depending upon the request for the changes. • Replacement of any existing items may be completed by the appropriate entity- Council or School staff. • The School District Superintendent and the City Manager will be the key staff when deciding which entity needs to make an approval. 7/15/2003 Proposed IMPORTANT DATES St. Anthony Budget Schedule for 2004 Budget April 22, 2003: Public Hearing to Discuss/Review 2004 Budgeting Goals (Input from Residents is encouraged) June - JujyL City Manager& Staff Meetings to discuss/draft 2004 Budget. July 29, 2003: Work Session to discuss 2004 Budget & State Aid cuts. September 9, 2003- 1) Resolution passed setting Proposed 2004 Tax Levy and Budget 2) Resolution passed setting Public Hearing and reconvening dates. November 29, 2003 December 21, 2003- City must conduct a public hearing, which cannot conflict with Hennepin County, Ramsey County, Independent School District #282 or the Special Taxing Districts hearing dates. December 8, 2003: Public Hearing Date/adoption of final 2004 Property Tax Levy and Budget. *****Please note: The public hearing must be held between November 29th and December 21st. The City's initial public hearing cannot be held on the same day as Hennepin or Ramsey Counties Initial Hearing Dates, I.S.D. #282 Initial Hearing Date or Metro Special Taxing Districts Hearing Date. MEMORANDUM DATE: July 10, 2003 TO: Mike Mornson, City Manager FROM: Roger Larson, Finance Director ITEM: REVIEW OF 2003 - 2004 BUDGETS In balancing the State budget, the Legislature finalized cuts in Local Government Aid and Market Value Credit. In addition, they established the guidelines for 2004 Levy Limits. A review of how the adjustments affect St. Anthony is as follows: 2003 1) Local Government Aid ($198,563) - 100% is Cut 2) Market Value Credit 68,785) - $134,750 Remaining Total Reduction ($267,338) 2004. 1) No additional loss in aid, however, a new distribution formula will be implemented over several years. Present law allows for no more than a 10% increase or reduction in aid can occur in one year. 2) Strict levy limits been approved for 2004 (None in 2005). The levy limit is set by taking last years general fund levy and adding 60% of the loss in LGA and Market Value Credit($2,168,627 = $160,409= $2,329,036). 3) The debt levy for roads, the equipment certificate for fire truck, the tax abatement bonds for central park and the new public works/fire station lease revenue bonds are exempt from levy limits. In addition, the requirement to have voter approved debt issuance was dropped. At this year's goal setting, to offset the cuts in aid, staff and council agreed on a contingency plan totaling$194,100(see attachment#1). When the actual cuts were finalized by the State, the reductions totaled$267,348. To balance the 2003 budget, the City Manager recommends we transfer$73,300 from the Tires Plus Building Fund (12/31/02 Balance= $416,582.41). To balance the 2004, budget the City Manager recommends the following adjustments be made (see attachment#2): 1) 2003 Budget Line Items cuts become permanent $ 26,500 2) 2003 —Salary Cuts become permanent: a. P/W Employee $ 30,200 b. Community Service Officer $ 10,400 3) 2004 Eliminate Northwest Youth and Family $ 3,500 4) 2004—Additional Adjustments/Personnel Layoff's 64,700 Budget Adjustments $135,300 5) Levy Back 60% LGA/Market Value Credit Loss $160,409* 6) 0% salary increase, $25.00 Health Insurance ($ 28,361) Total Budget Adjustments $267,348 *Because of the limited ways Cities can raise revenues, the levy is a primary source of funding for all City Governments. Formulas for distribution of State Aid and the amount that Cities are allowed to levy the following year are based on the previous years levy. In a practical sense, when Levy Limits are in place, it forces the Cities to levy to the limit or lose additional dollars of State Aid or levying capabilities. Also, attached is an estimate of the average cost to St. Anthony taxpayers for the projects that have been approved this year which affect the 2004 property taxes. The analysis is based on taking last years average property tax payment (based on the average valuation= $183,900) and adding the cost for the 2003 road improvement project, the equipment certificate for the fire truck, the lease revenue bonds for the public works/fire buildings and the 60% levy back for LGA and Market Value Credit losses. Attachment #1 2003 Budget Adjustments/Contingency Plan: State Aid Cuts — 2003 Calculation (State Aid Cuts): 2003 Total Levy $2,6761041 Add: 2003 Local Government Aid $ 198,563 $2,874,604 Multiply by 9.3% = State Aid Cuts $ 267,348 $198,563 or 100% of St. Anthony's LGA is eliminated $ 68,785 of Market Value Credit is cut (Remaining MVC = $120,371) Budget Reductions/Adjustments: Renegotiate Prosecuting Attorney $ 125000 Eliminate Village Fest/Fire Works $ 59000 Eliminate Action Contribution $ 2,500 Eliminate Community Concerts $ 2,000 Reorganize Volunteer Dinner $ 31000 Reorganize Employee Recognition $ 1,000 Eliminate Holiday Lunch 1,000 $ 26,500 Staff Reductions: (Become Permanent) P/W Employee $ 305200 Vacant Community Service Officer 10,400 Vacant $ 40,600 Sources of Revenue: 2002 Liquor Profits $ 505000 2002 Budget Reserves 77,000 $127,000 Total $1949100 Funding Gap $ 73,248 Tires Plus Transfer $ 739300 Attachment #2 2004 Budget Adjustments: Reduces Current Working Personnel by 1 LGA/Market Value Credit Reductions $267,348 2003 Budget Cuts $ 26,500 Permanent 2003 Salary Cuts: P/W Employee $ 30,200 Permanent Community Service Officer $ 105400 Permanent 2004 Budget Cuts: Northwest Youth & Family $ 39500 Permanent 2004 Salary Cuts: Additional Adjustments/Layoff in Personnel 64,700 Permanent Total $1359300 Revenue Adjustments: Levy Back LGA/Losses $160,409* Total $2959709 Health Insurance Increase ($ 28.)361) 2004 Budget Adjustments $2679348 Recommended Salary Adiustments: 2004 - 0% salary adjustment, health insurance increase = $25.00. 2005 — 2% salary adjustment, health insurance increase = $25.00. *Calculation (2004 Levy Limit) — Current Legislation allows Cities to levy back 60% of LGA & Market Value Credit Losses. Levy Limit is set by taking the 2003 General Fund Levy and adding 60% of the loss in LGA and Market Value Credit set levy Limits: 2003 General Fund Levy $21168,627 Add: 60% - 2003 LGA & MVC Loss $ 160,409** 2004 Levy Limit $293299036 **$267,348 X .60% = $160,409 MINNESOTA° REVENUE July 17, 2003 ST ANTHONY CITY OF CLERK-FINANCE DIRECTOR CITY HALL 3301 SILVER LAKE ROAD ST ANTHONY, MN 55418 TO: ALL CITY CLERKS/ADMINISTRATORS RE: CERTIFICATION OF CY 2003 LGA AND MARKT VALUE CREDIT REDUCTIONS Following is the amount of local government aid (LGA) your city was scheduled to receive in CY 2003, the amount of the CY 2003 LGA reduction(per 1St Special Session Laws 2003, Chapter 21, Article 5, Section 12), and the net amount of LGA payable in CY 2003. 1. CY 2003 LGA: $ 198,563 .2. CY 2003 LGA REDUCTION: $ 198;563 3. CY 2003 NET LGA (1-2): $ 0 Following is the amount of market value credit your city is scheduled to receive in CY 2003, the amount of the market value credit reduction (per 1St Special Session Laws 2003, Chapter 21, Article 5, Section 12), and the net amount of market value credit payable in CY 2003 (half of which will be paid in October 2003 and half in December 2003). NOTE: the amount of market value credit includes real and personal residential and ag property only. It does not include manufactured home market value credit. 4. CY 2003 MARKET VALUE CREDIT: $ 189,156 5. CY 2003 MARKET VALUE CREDIT REDUCTION: $ �68,:785 6. CY 2003 NET MARKET VALUE CREDIT (4-5): $ 120,371 Further information regarding 2003 LGA and market value credit reductions may be found at the Department of Revenue website: .www.taxes.state.mn.us. If you have any further questions regarding 2003 aid and credit reductions,please contact Shawn Wink at (651) 296-3394. Property Tax Division Tel: 651-296-3394 Mail Station 3345 Pax: 651-297-2166 St.Paul,MN 55146-3345 TTY: Call 711 for Minnesota Relay An equal opportunity employer Property Tax Estimate - 2004 Current Property Taxes (2003) $ 770.58 -9 2003 Road Improvement $ 36.70 Equipment Certificate $ 23 .23 Public Facilities $ 160.00 � 60% Levy Limit/Recapture LGA $ 84.00 $ 1 ,074.51 F i v/ Less: Kenzie Desertification ($ 71 .00 ✓ Total Estimated Property Taxes $ 1 ,003.51 ✓ Amount of Property Tax Increase $ 232. 93 ✓ Amount % Property Tax Increase $ 116.47 Capital Equipment Funding: (2004) Revenues: Police Contracts $ 35,000 Water/Sewer $ 605000 Water Filtration Interest Earnings $ 50,000 Trade/Sale of Existing Equipment 5,000 Total Available for Capital Equip $150,000* *Due to the redevelopment of the Stonehouse and SAV I the liquor transfer into the capital equipment fund is not available in 2004. Fire: Turnout Gear $15,000 Automatic External Defibrillator $ 3,500 $18,500 Public Works: Toro Gang Mower $355000 Refurbish Park Equipment $15,000 $50,000 Police: Two Squad Cars $48,000 Teardown/Building of Squads $ 45000 Equipment Replacement 4,000 $56,000 Admin/Finance: H/P Lazer Jet Printers $ 3,000 Software Upgrades $ 3,500 Network Upgrades $ 4,000 $ 10,500 Contingency/Emergency Replacement 15,000 Total Capital Equipment $150,000