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<br /> I <br /> . ?'-\k.1L <br /> I A,~l, \""Jc ,,' <br /> Page I of2 <br /> f' CITY OF ARDEN HILLS <br /> BUDGET WORKSESSION DISCUSSION POINT OUTLINE <br /> I AUGUST 19, 1996 <br /> I. Pavable 1997 Market Valuation <br /> I A. Market Value up 2,.06% to $477,074,350 <br /> I B. Net fiscal Disparities Contribution up to $99,041 - 8,9% <br /> (i,e. $1,211,085 of tax capacity is contributed to the Metro Fiscal Disparities Pool) <br /> , <br /> I C, Net tax capacity up 1.25% to $1.0,319,572 (note: down 11.64% since 1991) <br /> II. 1997 CIP <br /> I A, Two significant additions since June Worksession <br /> I. Cleveland A venue railroad bridge - $48,.00.0 <br /> I 2. Additional General Fund PMP - $35,000 <br /> B. Assume that Advance Refunding Bond Fund ($700,.000) and PIR Fund <br /> Ie ($3.00,.00.0) are used to partially fund City Hall project. <br /> C, Significant 1997 out-year projects are planned for both the Water and Sanitary <br /> I Sewer Utilities: <br /> 1. Residential water meter replacement - $300,000 <br /> I 2. Sanitary Sewer Line Cleaning & Televising - $240,000 <br /> 3, Sanitary Sewer Lift Station Alarm Retrofit - $ 90,000 <br /> I III. HeadcountlSalaries <br /> A, Headcount is proposed to increase from 19.5 to 20,5 for the addition of a staff <br /> I Building Inspector/Code Enforcement Officer. <br /> B. Public Works is preparing to utilize three (3) part-time employees during the <br /> I summer of1997 at a cost of$13,275 split between Streets, Sewer and Water. <br /> C, The 1997 salary assumption is a 3% range move. <br /> I <br /> I <br /> ,. <br /> I <br />