3A, 2012 Proposed Preliminary Budget and Tax Levy

Home Browse Search

Memo City Cauncil 2012 Proposed Preliminaiy Budget and Tax Levy agreement expired in June of this year. The current rriachine does not �eet the �eeds of the City and staff has been working to review all department and City needs and has received bids and is in the pracess of evaluating them. The City's postage meter has an ar�ual cost of $6,000 and was previously not included in the budget, it has now been added to the budget. The Governtnent Buildings budget was reduced subsiantially to rnore accurately reflect costs for utilities. Ar� amoun.t was budgeted For the i�ncreased cost for the Ra�nsey County Maintenance Faciiity lease as the cold storage will be converted to heated storage. The net effect is a$28,933 decrease to thzs budget. Th�re is no ReservelContingency budgeted in the 20I2 budget as proposed. Other misceliar�eous adjustments inc[ude: an increase in the Mayor & Co�ncil bu�get for newsletter costs and training; ir�creases in the �inance and Adrninistrative Sezvices budget for Springbroak softwa�re rr�aintenance costs and IT services from Roseville; increase in the Streets budget for snowpiowing over�ime based on the previous two-year history; a reauction in emergency management costs; and other miscellaneous adjustrr�ents. Other Fands We have previously noted the changes to the EDA Fund as costs have �een rn.oved from the General Fund to the EDA Fund. Staff is also recom�nending a transfer of $65,000 from the PIR Fund for the Gateway signs. There were na significant changes to the other Special Revenue Fun�s with the exception of the Community Services Fund being foid�d into the Public Safety Capita� Fund. This is being done iz� part because of new accounfiing standards but atso because the chacitabie gambling proceeds caz� on�y be used for pubiic safety capatal purchases, as a resul�, Council wili be asked to fonna�ly disso�ve this f�nd and rnove t�e balance to the Public Safety Capital F'und at a fizture Council rr�eeting. There are no signifcar�t changes to the Debt Service Fund. Capata� Funds were discussed at our .lune meeting during the Capital Improvem�nt Plan (CiP} review. They will again be brought bacfc for discussion at our Novernber worksessian. En�erpris� Funds have been evaluated and changes made to aecurately reflect econofnic conditions and historical trends. A updated rate study will be don� and presented to the City Council at the November worksession. The rates included in the praposed bu�get are fra� the 2008 Rate St�dy. 2812 Rate lncreases Water 7°10 Sanitary Sewer 2°l0 Surface Water 3%