HomeMy WebLinkAbout2003.10.24 CC Minutes - Budget WorkshopMINUTES FOR THE COUNCIL BUDGET WORKSHIP HELD ON OCTOBER 24, 2003
Mayor Miron called the meeting to order at 8:00 am.
PRESENT: Granger, Petryk, Puleo, Miron (Haas arrived at 8:20 am.)
City Administrator Michael Ericson
CD Director John Rask
Finance Director Ron Otkin
Public Works Director Chris Petree
Fire Chief Jim Compton
2nd Assistant Chief Jadon 011ila
BUDGET OVERVIEW
City Administrator Mike Ericson stated that the Council set its preliminary maximum levy of
$2,659,983 at its September 2, 2003 meeting. Council then set this meeting and directed staff to
prepare a budget to reflect these projected revenues.
BUDGET BACKGROUND INFORMATION (POWER POINT PRESENTATION)
CD Director John Rask provided Council and staff with a Power Point presentation to review
information related to the 2003 City budget approved by Council in December 2002. He also shared
a snapshot of the mid -year review of the City budget completed by Council on June 13, 2003. Tax
law changes by the State Legislature have put more reliance on local property taxes.
PROPOSED 2004 CITY BUDGET
Finance Director Ron Otkin presented his proposed 2004 City budget of $2,365,910. His proposal
includes a budget increase of 2.7%, but a 6.8% decrease in the urban tax rate.
COUNCIL DISCUSSION AND RECOMMENDATIONS
The Council was supportive of the proposed budget. They agreed with Ron's 2.5% COLA for
employees for 2004 based on the Twin Cities Metro Consumer Price Index. They agreed to review
the salary matrix and part of the annual goal setting session in January 2004. The budget will be
formally presented at the Council's December 1, 2003 meeting with formal adoption at its December
15, 2003 meeting.
ADJOURNMENT
Haas made motion, Granger seconded, to adjourn at 10:30 am.
All aye. Motion Carried.
Michael A. Ericson
City Administrator