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ARDEN HILLS CITY COUNCIL WORK SESSION—NOVEMBER 19, 2018 3 <br /> Councilmember Holden questioned if staff was aware of the surplus the City would have for <br /> 2018. <br /> Finance Director Bauman estimated this to be $188,000. She commented further on the <br /> projected budget deficit and actuals for 2018. <br /> Mayor Grant recommended the cost for the Karth Lake retaining wall be lowered within the <br /> 2019 budget given the fact the work will be done by the DOC. <br /> Councilmember Holden questioned if the City would be receiving any money back from WSB. <br /> City Administrator Perrault stated he would have to investigate this further. He noted the City <br /> Engineer was working on this matter. <br /> Councilmember Holden explained she would support dropping the levy to 4%. <br /> Councilmember McClung commented he was going to go along with the 5% but noted his <br /> property taxes were slated to go up 17%. For this reason, he reported he would be supportive of <br /> paring back the levy to 4%. <br /> Councilmember Scott stated he would support a levy of 4.5%. He explained he wanted to avoid <br /> chasing the curve by reducing the levy to 4%. <br /> Mayor Grant indicated he could support the levy being set at 4%. <br /> Councilmember Holmes noted she could support the levy remaining at 5%. She commented that <br /> at 5% the City would still have a deficit of$149,000. She asked what the deficit would be if the <br /> levy were reduced to 4%. <br /> Finance Director Bauman reported this would be roughly $188,000, which was about the <br /> surplus from 2018. <br /> Mayor Grant questioned if the Red Bull permit revenue had been drafted into the 2019 budget. <br /> Finance Director Bauman stated these revenues were written into the 2018 budget. <br /> Councilmember Scott commented he could support a levy of 4.25%. <br /> Council consensus was to direct staff to amend the levy to reflect a 4% increase. <br /> Finance Director Bauman questioned if the Council wanted staff to continue submitting the <br /> labor intensive GFOA award. <br /> Councilmember Holden asked what the purpose was for receiving this award. <br /> City Administrator Perrault commented this was simply for the purpose of receiving an award <br /> based on the presentation of materials. <br />