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ARDEN HILLS CITY COUNCIL—February 20,2007 <br /> Finance Director Sue Iverson noted that TCAAP project is considered special revenue and is <br /> • separated out from the City's general and enterprise funds. Anything TCAAP related is charged <br /> to a particular fund that only tracks project expenditures. <br /> Councilmember Grant asked the City Council if they would like to see a particular report from <br /> City staff regarding a particular topic or issue. <br /> Councilmember McClung said that he would like to receive a report about traffic. <br /> Mayor Harpstead said that he is concerned about how the City Council should address or review <br /> traffic concerns. It is a very large project that involved a number of different government <br /> agencies. <br /> Councilmember McClung said that it is important for the City Council to have a discussion <br /> regarding traffic and how the City Council would like to address this issue in the future. <br /> Mayor Harsptead said that he would like for City staff to provide staff reports at City Council <br /> meeting regarding public safety and other important topics that impact the residents of Arden <br /> Hills. <br /> Mayor Harpstead noted that the March work session meeting is tentatively scheduled to discuss <br /> the City's financial plan. Ehlers and Associates will be on hand to provide an overview to the <br /> • City Council regarding the City's current financial status. <br /> Finance Director Sue Iverson stated that the financial plan will provide the City Council with an <br /> overview of the City's current revenue, tax capacity, and debt capacity. <br /> Councilmember McClung asked if the financial plan is a model for the City to use in the future. <br /> Finance Director Iverson said that the financial plan will help City staff review different financial <br /> scenarios in the future. <br /> Mayor Harpstead requested that the Finance Department provide the City Council with 2006 end <br /> of the year balances as soon as possible. <br /> Councilmember Holden requested that the March work session meeting be cancelled due to two <br /> councilmembers that are scheduled be absent from this meeting. <br /> Mayor Harpstead requested that the cancellation of the March 19th work session be placed on a <br /> future City Council meeting agenda for further discussion. <br /> Mayor Harpstead noted the following topics are scheduled to be discussed at the April work <br /> session meeting: <br /> 1. Financial Plan Overview <br /> . 2. Economic Development Commission Update <br /> 5 <br />