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ARDEN HILLS CITY COLINCIL WORK SESSION - NOVEMBER 12,2024 <br />Finance Director Yang said the City-wide budget sunmary includes the General Fund, <br />Enterprise Fund (which are the Utility Funds) and the CIP Funds. Total City-wide Revenue <br />Budget is set at $17.1 million. Total City-wide Expenditures is set at$20.2 million. There is a $3 <br />million negative fund balance. That is due to timing of capital projects in both the CIP Fund and <br />Enterprise Funds. <br />Councilmember Holden asked where the money that has been set aside for the fire station is. <br />Finance Director Yang said Capital Outlay. <br />Councilmember Monson asked if that was for the fire station or for fire department staff. <br />Finance Director Yang said the $40,000 for fire staff is in the Public Safety Fund. <br />Councilmember Monson asked what Councilmember Holden was referencing. She thought the <br />$40,000 was for when the Safer Grant gets removed and is not related to the fire station. <br />Finance Director Yang said it is related to the fire station. It's sitting in the Public Safety Fund. <br />Councilmember Monson sought clarification about the $40,000 that was put aside. She thought <br />that was for when the Safer Grant times out and we wanted to have a cushion to absorb the hit of <br />paying full time captains. She wanted to clariff that the fire station will be funded by the <br />franchise fees and we did not set money aside, prior to the franchise fees, for the fire station. <br />Finance Director Yang confirmed. <br />Councilmember Holden said that's not entirely true. She said before the Safer Grant, we knew <br />the equipment was coming up. We were putting money aside for the fire department. <br />Councilmember Monson asked if that was the $40,000. <br />Councilmember Holden thought it was more than $40,000. She thought it was $70,000. <br />Mayor Grant said it was a levy point. <br />Finance Director Yang will have to follow up. She believes there was a $40,000 levy increase <br />that is sitting in the Safety Fund for the Fire Captain's salary. She does not recall anything <br />additional. <br />Councilmember Monson said the former City Administrator did not bring it up to her. There <br />was a discussion about how much money was being set aside for fire needs. <br />Councilmember Holden wanted clarification that there is only $40,000. <br />Finance Director Yang said we increased the levy by $40,000 annually to cover the Fire <br />Captains. <br />Councilmember Holden remembered there was $70,000. <br />4