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<br />I <br />" CITY OF ARDEN HILLS <br /> MEMORANDUM <br />I <br /> DATE: May 9, 1995 <br />I TO: Brian Fritsinger, City Administrator <br />I FROM: @Terrance Post, City Accountant <br />I SUBJECT: 1996 Budget Planning Issues <br />I As requested by Mayor Probst at the Council meeting last evening, I offer the following thoughts <br /> on the 1996 Budget process. I believe the 5/18/95 work session is an appropriate and timely <br /> opportunity for Council and Staff to preliminarily discuss this topic. <br />I KEY ASSUMPTIONS <br /> 1. The legislature will not impose a 1996 levy freeze. <br />I 2. From a policy viewpoint, Council requires the 1996 percentage levy increase to be no <br /> greater than the inflation estimate. Inflation is estimated at 3.5%. <br /> , Staffheadcount will not increase in 1996. <br />I' ~. <br /> 4. Staff salary action will support long-term pay equity compliance objectives. <br /> 5. Council wishes to continue funding by levy the Municipal Buildings, Capital Equipment, <br />I and Fire Equipment Funds at 1995 levels (i.e., $194,750). <br /> 6. Council wishes to continue funding the Pavement Management Program at about the <br /> $150,000 level in the General Fund. <br />I 7. There is a high likelihood that the City will undertake a bonding issue relative to <br /> infrastructure improvements in the Gateway Business District. <br /> 8. A wholesale residential water meter replacement program will be implemented in 1995 <br />I with carryover funding requirements in 1996 and beyond. <br /> 9. Camiros TCAAP planning costs will be self-funding after phase 1. <br /> 10. There is a high likelihood that City facility options will be narrowed such that there will <br />I be a funding requirement either from the Municipal Buildings Fund and/or a bonding <br /> Issue. . <br />I ESTABLISHMENT OF 1996 BASELINE <br /> Assuming the 1995 General Fund budget is stripped of capital equipment items (i.e., <br />I Administration $2,400; Government Buildings $4,000; Streets $9,600; and Parks $59,990), the <br /> resulting net 1995 non-capital budget would be $2,081,952. Using a 3.5% inflation rate against <br />I these operating costs results in a 1996 non-capital baseline of $2,154,820. <br />I- <br />I <br />