CCP 10-16-2000 - Laserfiche WebLink

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. . . CITY OF ARDEN HILLS MEMORANDUM DATE: October 12 2000 TO: Joe Lynch, City Administrator Tcrrancc Post, City Accountant @!!J 2001 Budget Discussion FROM: SUBJECT: Background The City Council decision to abandon the targeted (at least for budgeting purposes) 2001 Pavement Management Program (PMP) project raises budgetary issues of how to react to this decision. 2000 BudgetILevv The adopted 2000 Budget assumed that a $2,243,200 Ingerson neighborhood reconstruction improvement project would be undertaken. When it became apparent that the proposed project would not commence in 2000, a sealcoating project was substituted. The Payable 2000 levy assumed a funding level of $189,000 for the proposed Ingerson neighborhood project. It was assumed that the unspent funds iTom 1999 (the delayed West Round Lake Road Phase II project) would be combined with tlle unspent funds fl'Om2000 ($189,000 less $41,000 is street maintenance department sealcoating costs) to fund the proposed Ingerson neighborhood projection 2001. 2001 Preliminarv BudgetILcvv The PMP assumptions driving the 2001 preliminary budget are as follows: I. The City would undertake neighborhood reconstruction projects on a biannual cycle commencing in 2001 (Ingerson neighborhood). The funding for the next reconstruction project in 2003 would be from tax levy in 2001 and 2002. 2. The City would undertake sealcoating/overlay projects on non-reconstruction years commencing in 2001. 3. The City would attempt to "smooth out" the levy impact of the "sealcoat" vs. "reconstruction" years by averaging the total estimated two year costs. Specifically, the preliminary 2001 budget assumed a Street Maintenance Department need of $198,450 ($189,000 in 2000 * 1.05).