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CC 07-25-1994
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CC 07-25-1994
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<br />, <br />, <br />,- <br />, <br />I <br />I <br />I <br />I <br />. <br />'. <br />. <br />. <br />. <br />. <br />I <br />. <br />I <br />.e <br />. <br /> <br />ARDEN HILLS CITY COUNCn. - JULy 25, 1994 <br /> <br />2 <br /> <br />Mayor Probst asked what the corresponding expense number is compared to the $1.8 million <br />revenue figure. <br /> <br />Post stated that the expense number reviewed at the work session is $2,061,325. <br />Expenditures have since been updated to reflect the elimination of a citizen survey in the <br />Mayor and Council budget ($10,000) and a $2,500 reduction in the category of elections. <br />There was also Council direction to not fund the County Road E right-hand turn lane at <br />$25,000 in 1994, and only fund the required lane sensor changes at approximately $2,600. <br /> <br />Post stated that the 1994 net levy increase was 9.94%. The proposed 1995 net levy increase <br />is 4.95%. General fund revenue comes from property taxes and are assumed to be collected <br />with a 5% delinquency. This contrasts with the 1.5% delinquency rate that the City had <br />enjoyed prior to 1993. Information from the League of Minnesota Cities indicates that the <br />1995 HACA aid from the Local Government Trust Fund may not be able to be funded at <br />1994 levels. Even though the full amount is certified, it may not all be distnbuted from the <br />State. With the reductions from the fiscal disparities pool in contributions and distnbutions, <br />1995 fiscal disparities revenue will correspondingly go down. There will be an estimated <br />12% reduction in 1995 fiscal disparity aid to $109,000. HACA aid is estimated to be <br />approximately $90,000. <br /> <br />Other revenues consist of license charges, pennits, fines and forfeits, etc. There will be a <br />reduction in 1995 dog registration revenue because of the number of two-year permits sold in <br />1994. Another source of revenue will be the sale of equipment items: 1) a one-ton pickup <br />truck and a Toro Groundmaster from the Park and Recreation Department; 2) a half-ton <br />pickup truck from the Public Works Department (on the pickup truck sale, proceeds will be <br />split three ways between the general fund, sewer fund and water fund). <br /> <br />Mayor Probst asked if this is the right time to sell the equipment based on its condition, not <br />just because it is on the schedule. <br /> <br />Winkel stated that the condition of the truck is such that it should be replaced as part of <br />routine maintenance to avoid any heavy maintenance costs to the City. The heavier one-ton <br />truck replacement is needed as opposed to a half-ton or 3/4-ton in order to plow during the <br />winter. <br /> <br />Post stated that another item that will appear in the 1995 budget is state building code <br />surcharges. When the City collects state building code charges, it is collected fee encumber. <br />What is shown in the 1994 budget is the net 4% administrative holdback. However, in 1995, <br />revenues will increase by the amount of collections and expenditures will increase by 96% of <br />the collections. The estimate for state building code surcharges is $8,000. <br /> <br />Post noted that there was discussion to fund uncompensated employee absences, which would <br />be approximately $16,000. He recommended consideration of a $50,000 Fire Department <br />capital sinking fund contribution and a $30,000 general fund capital equipment sinking fund. <br />
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