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Page 2 of2 CITY 2005 CURRENT 2005 WITH NEW DIFFERENCE FORMULA Arden Hills $230,936 $243,510 $12,574 North Oaks $113,843 $126,847 $13,004 Shoreview $581,113 $555,535 $-25,578 Total $925,892 $925,892 . At this time the Fire Board has not made a final determination regarding capital spending, but it is likely that the same formula could be used. The exception to this rule is that the four existing fire stations would probably continue to be funded in similar fashion as they have been in the past. (Station # I would then remain as Arden Hills's responsibility.) For a future meeting date, the Council may want to start thinking about funding future fire capital improvements. At the end of 2004, the Public Safety Capital Equipment Fund had a balance of about $500,000. The Council may want to consider building up the reserves (fund balance) in the Public Safety Capital Equipment Fund_ An option to consider is to move funds from the general fund on a regular annual basis. At the end of 2004, the General Fund had a fund balance of approximately $1.3 million. ACTION REQUESTED . This information is provided for discussion purposes at this time. If the Council is comfortable with the formula and approach taken, no action is necessary at this time - implementation would occur with approval and incorporation of the Fire Dcpartment operating budget for calendar year 2006 as part of our City budget. If the Council is not supportive of this approach, the lack of support should be communicated to the Board as soon as possible. It is possible that we can control our own destiny, to some extent, by reducing fire calls. Options could include higher residential fines for false alarms, reduced number of free false alarms, and/or assessing institutions that have significant numbers of calls. \\Earlh\AdminICity AdministratorlPolice Services and LJFD12005\6-20-Q5 Work Session LlFD Funding.doc .