CC 08-31-1992 - Laserfiche WebLink

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. MINUTES OF THE ARDEN HILLS COUNCIL BUDGET WORKSESSION MONDAY, AUGUST 31, 1992, 5:00 P.M. - CITY HALL CALL TO ORDER Pursuant to due call and notice thereof, Acting Mayor Mahowald called the meeting to order at 5:00 p.m. ROLL CALL The roll being called the following members were present: Acting Mayor Mahowald, Councilmembers Paul Malone, JoAnn Growe and Dale Hicks. Mayor Sather arrived at 6:25 p.m. Also present: Accountant Terrance Post, Park Director John Buckley, Public Works Superintendent Dan Winkel, and Acting Clerk Administrator Catherine Iago. PROPOSED 1993 BUDGET REVISIONS City Accountant Terrance Post reviewed his memorandum dated 8-28-92, outlining the comments, revisions and Council direction from the previous budget meeting. (SEE ATTACHED MEMORANDUM FROM ACCOUNTANT DATED 8/28/92) . Post also reviewed possible methods of increasing 1992 revenue and decreasing expenditures to minimize the projected deficit. Council directed staff to prepare the appropriate revisions to the budget document prior to the 9-14-92 regular Council meeting, at which time the preliminary budget document will be adopted. (SEE ATTACHED MEMORANDUMS FROM ACCOUNTANT DATED 9/2/92 AND 9/10/92, OUTLINING DISCUSSION AND COUNCIL DIRECTION) Council thanked staff for their efforts in compiling the budget documentation. INFORMATION: TAX IMPACT OF NEW CITY HALL/PUBLIC WORKS FACILITIES Council was referred to the memorandum from Juran & Moody dated 8-28-92, outlining information on the tax levy and corresponding tax impact on residential homestead property for various sized bond issues. . Council concurred to conduct a Special Worksession Meeting on Monday, September 8, at 4:00 p.m., to discuss the proposed facilities and financing strategy. Staff was directed to request the Architect and Financial Consultant attend this meeting.