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HomeMy WebLinkAbout2005.08.31 CC Minutes - Midyear Budget ReviewMINUTES FOR THE CITY COUNCIL MEETING OF AUGUST 31, 2005 TO CONDUCT A MID -YEAR BUDGET REVIEW Mayor Fran Miron called the meeting to order at 9:00 am. PRESENT: Granger, Haas, Petryk, Puleo, Miron City Administrator Mike Ericson, CD Director Bryan Bear, Finance Director Ron Otkin, PW Director Chris Petree, and Assistant Fire Chief Jadon 011ila PRESENTATION OF PROPOSED CITY BUDGET Finance Director Ron Otkin provided Council a PowerPoint presentation of the proposed 2006 City budget. This was his 17'h consecutive preparation of the City budget. Ron explained both the revenue and expenditure projections. Proposed new hires in 2006 are the new building inspector position and building department secretary. The proposed maximum tax levy for 2006 is recommended to be set at $3,771,811 with the same urban and rural tax rate as in 2005. The Council needs to set the levy and certify it to Washington County by September 15, 2005. As directed by Council, the finance department also prepared an analysis and market study of the City of Hugo and comparable cities' wages and salaries. Council asked questions about the proposed 2006 City budget, which were answered by staff. Council directed staff to present the proposed 2006 City tax levy at the September 6, 2005 Council meeting with no changes. After discussion regarding the employees' salary matrix, step increase, and cost of living adjustment, Council agreed to discuss these issues at upcoming budget workshop sessions. ADJOURNMENT Haas made motion, Petryk seconded, to adjourn at 11:00 am. All aye. Motion Carried. Michael A. Ericson City Administrator