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HomeMy WebLinkAbout2007.10.23 CC Minutes - Budget WorkshopMINUTES FOR THE COUNCIL BUDGET WORKSHOP OF OCTOBER 23.2007 Mayor Fran Miron called the meeting to order at 9:10 am. PRESENT: Granger, Haas, Petryk, Puleo, Miron City Administrator Mike Ericson, CD Director Bryan Bear, Finance Director Ron Otkin, PW Director Chris Petree, and Administrative Intern Nathan Ehalt PRESENTATION OF PROPOSED 2008 CITY BUDGET Finance Director Ron Otkin provided the Hugo City Council with a detailed PowerPoint presentation of the proposed 2008 City budget highlighted by a reduction in the City's tax capacity rate for the fifth consecutive year. Ron stated that the City's tax capacity rate has been decreased a total of 9.651% over the past five years. He stated that the budget is balanced and that staff has worked with Council members to delay the purchase of equipment from the Capital Improvements Program (CIP). The postponed purchase will allow the Council to allocate those dollars towards construction of the Rice Lake Park Soccer Complex. The Council set a maximum operating tax levy of $3,259,860 at its September 3, 2007 meeting. This number cannot be increased but it can be decreased by Council when it formally adopts the budget in December 2007. Ron shared with Council a proposal to increase the employees' share of health care costs with an employee flex plan, and Council members Frank Puleo and Chuck Haas volunteered to assist the financial director with a review of the health care costs. COUNCIL DISCUSSION The Mayor and Council then asked additional questions of staff, which were answered. Mayor Miron then asked the five members of the "We the People" group if they had any questions and Wally Stoltzman, Vicky Hoftbeck, and Mike McAllister addressed Council. The three spoke about their concern for increased property taxes and Wally said that he now pays more than $5,000 in taxes. Vicky and Mike broadly discussed the budget changes submitted by the "We the People" group. Mayor Miron stated the City would be happy to review the property taxes and valuation for Wally and Vicky's home and property. DISCUSSION ON CITY'S SPECIAL ASSESSMENT POLICY/STREET RECONSTRUCTION City Engineer Jay Kennedy reviewed with Council the City's current policy on street reconstruction, and specifically, the special assessment policy, which is 50/50 between the residents and the City. He stated that the policy should reflect an issue of fairness to the resident and he had a few recommendations for revisions. Council agreed to have the City Engineer submit revisions to policy and return to Council at a regular Council meeting. COUNCIL DIRECTION FOR DECEMBER 2007 TRUTH -IN -TAXATION PUBLIC HEARING Council directed the finance director to make adjustments to the proposed budget and include as part of the formal presentation at the December 3, 2007 Truth in Taxation hearing. ADJOURNMENT Haas made motion, Puleo seconded, to adjourn at 11:49 am. All aye. Motion Carried. Respectfully submitted, Michael A. Ericson, City Administrator