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HomeMy WebLinkAboutCC WORKSESSION MINUTES 07312007CITY OF ST. ANTHONY CITY COUNCII/STAFF WORKSESSION City Council Chambers July 31, 2007 6:30 p.m. Meeting Minutes Present: Council: Jerry Faust, Mayor;; Dick Horst, Councilmember; Hal Gray, Councilmember; Randy Stille, Councilmember; Brian Thuesen, Councilmember. Staff: Mike Morrison, City Manager; Kim Moore - Sykes, Assistant City Manager; Roger Larson, Finance Director; John Ohl, Police Chief; John Malenick; Fire Chief; Jay Hartman, Public Works Director; Mike Larson, Liquor Operations Manager. Guest: Stacie Kvilvang, Ehlers & Associates 1. Call to Order. Meeting called to order by Mayor at 6:30 p.m. 2. Key Financial Strategies Presentation. Stacie Kvilvang, Ehlers & Associates, reported to the City Council a review of the City's key financial management planning and financial options that are available. She highlighted financial strategies that the Council may employ based on the current financial status of the City. Ms. Kvilvang reported that adoption of the options presented for consideration and will ultimately be decided by the City Council. The various strategies would allow for the reduction of the road levy; the paying off of existing debt; and revision of the fund balance policy. She also highlighted financial decisions coming up that the Council will have to consider in the future. The Council and Staff discussed the various options. 3. 2008 Budget Presentation. Mayor Faust thanked Staff for being at the worksession to discuss the 2008 budget. He said the Council appreciated their time and effort with this process; that the intent of the worksession was to review the issues associated with the proposed budget; issues with the proposed capital equipment budget; and levy options. The City Manager reviewed the issues as outlined in the July 18, 2007 memo that have the potential of impacting the 2008 budget. Some of those issues included: the rising costs of health insurance; increased motor fuel; and three union contracts expire at the end of 2007. Mr. Mornson also reviewed the 2008 budget schedule with the Council. Some important dates are September 11, 2007 for the setting of the 2008 F: \Minutes\2007 \Counci1 Staff Budget worksession 07 31 07.doc Operating Budget; December 3, 2007 for Truth in Taxation public hearing; and December 17, 2007 Council approval and final adoption of 2008 Operating Budget and tax levy. The Finance Director discussed the proposed 2008 Operating Levy. He explained that based on the proposed 2008 operating budget, there is expected an increase of 5.12% to the General Levy and a 4.38% increase in the overall levy from 2007. Alternative levy options were presented by Mr. Larson and discussed by Council and Staff using the Key Financial Management Plan strategies presented earlier by Ms. Kvilvang. He indicated that again, the reasons for the increases are generally due to increased motor fuel costs, increased health insurance costs; cost of living increases for Staff; increased facilities maintenance costs; and the 2007 Road Improvement Project. Capital Equipment needs were also discussed based on the resources identified in the City's Key Financial Management Plan. Council expressed their interest in keeping the General Fund levy at 5.12 %. Meeting was adjourned at 9:13 p.m. Minutes respectfully submitted by Kim Moore - Sykes. F:1Minutes120071Counci1 Staff Budget worksession 07 31 07.doc