Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />ARDEN HILLS CITY COUNCIL - SEPTEMBER 14 1998 <br />, <br /> <br />4 <br /> <br />Phase II ofTCAAP planning begins in 1998 and continues on into 1999, with funding <br />provided by the PIR Fund ($205,000 in 1998) and the Community Services Fund <br />($200,000 in 1999), <br /> <br />Major capital budget items in the Enterprise Funds including the beginning of a residential <br />water replacement program in the water utility ($250,000) and the continuation of the <br />multi-year sewer line rehabilitation project ($75,000) and purchase of a vacuum truck <br />($140,000) in the sanitary sewer utility. <br /> <br />Mr. Post noted that, although the capital budget items do not appear in terms of expenditures in <br />the budget, these capital items will appear as fixed asset additions and will appreciate over their <br />useful life, <br /> <br />Mr. Post indicated there are some unresolved 1999 budgetary issues which include: <br /> <br />Determining a definite scope for the 1999 PMP, including the impact of reconstructing <br />West Round Lake Road upon other candidate streets/activities, It is anticipated that tbe <br />City Engineer's Feasibility Report on this item will be available in early October. <br /> <br />Given recent staff turnover and reorganization, a revisiting of salary allocation <br />assumptions, <br /> <br />The conclusion and discussion of a stafl' utility rate study upon water, sanitary sewer, and <br />stonn water utility rates, The preliminary budget has assumed a three percent increase in <br />utility rates, <br /> <br />The timing upon which an outside consultant can be on board for the Phase II TCAAP <br />planning exercise, <br /> <br />Mr. Post stated staff recommends that Council consider adopting Resolution #98-60, Resolution <br />Adopting the Preliminary 1999 Budget. <br /> <br />Mr. Post referred to the attachment giving details of the General Funds, Special Revenue Funds, <br />EDA Funds, Debt Service Funds, Capital Project Funds, and Enterprise Funds which comes up to <br />total expenditures of$1I,758,402, <br /> <br />Councilmember Malone stated it may look like a big increase over this year's budget and it would <br />be worth while to point out that unlike a business, the capital expenditures come right out of the <br />budget and the large jump this year is due to the Capital Improvement Projects. <br /> <br />MOTION: <br /> <br />Councilmember Malone moved and Councilmember Keirn seconded a motion to <br />adopt Resolution #98-60, Resolution Adopting the Preliminary 1999 Budget. The <br />motion carried unanimously (5-0), <br />