HomeMy WebLinkAbout03-12-2012 Agenda Chair
James Ostlund (2014) 1245 W. Highway 96
Committee Members Et' HILLS Arden Hills, MN 55112
Arlene Mitchell (2013) -R`�_ 651.792.7800
• John Braun (2012)Katy Peters (2012) Arden Hills www.ci.arden-hills.mn.us
David Radziej (2013)(2014) Financial Planning and
Council Liaison
DavidGrant Y Anal sis Committee
March 13, 2012
City Vision
A strong community that values its unique environmental setting, strong residential neighborhoods, vital business
community, well-maintained infrastructure, fiscal soundness, and our long-standing tradition as a desirable City in
which to live, work, and play.
Agenda
Regular Committee Meeting Convenes 6:00 PM
Call to Order
1. APPROVAL OF THE AGENDA
2. MINUTES
A. December 13, 2011 - Regular Meeting
3. UNFINISHED AND NEW BUSINESS
A. 2012 Work Plan
4. REPORTS
• A. Report from the City Council
B. Financial Planning and Analysis Committee Comments and Requests
5. ADJOURNMENT
A quorum of the City Council may be present at this meeting.
•
MINUTES
+ -A1WEN1 HILLS
FINANCIAL PLANNING&ANALYSIS COMMITTEE
Tuesday,December 13,2011
6:00 P.M.
Council Chambers,Arden Hills City Hall
CALL MEETING TO ORDER AND ROLL CALL
The meeting was called to order by Jim Ostlund at 6:00 pm.
MEMBERS PRESENT:Jim Ostlund,Arlene Mitchell,Jeff Johnson,Katy Peters David Radziej, David Grant;
Council Liaison
MEMBERS NOT PRESENT:John Braun
OTHERS PRESENT: Sue Iverson,Kyle Howard
Call to Order
1. APPROVAL OF THE AGENDA
Motioned:Jeff Johnson
Seconded:David Radziej
2. APPROVAL OF October 11,2011,MINUTES
Motioned:Jeff Johnson
Seconded:Arlene Mitchell
3. UNFINISHED AND NEW BUSINESS
• A. Presentation of New Fund Balance Policy and GASB 54 Statement
Sue Iverson covered the changes that staff was required to make to the fund structure,due to the
implementation of GASB 54.The addition of new Internal Service funds and combining of
Special Revenue funds was explained to the committee.Changes to the Fund Balance Policy were
also covered as to how GASB 54 required minor changes to the policy.
4. REPORTS
A. Reports from the City Council
Mayor Grant informed the Committee on current events taking place in the city. Truth and
Taxation was presented on December 5t.The Council approved a 1.8%levy increase for 2012
over 2011.Pulte Homes has sold 9 lots in the new Fox Ridge development.The demolition of the
Pods off Lexington Ave and County Road E has been approved.Lastly he explained that CVS was
no longer going to be constructed due to Walgreens closing on a deal before CVS could.
5. ADJOURNMENT
Motioned:Jim Ostlund at 7:00 pm.
Seconded:Jeff Johnson
Jim Ostlund,Chair Susan K. Iverson,Finance Director
• City of Arden Hills
1245 West Highway 96•Arden Hills Minnesota 55112
Phone 651.792.7800•Fax 651.634.5137
www.ci.arden-hills.mn.us
•
EN HILLS
MEMORANDUM
DATE: March 13, 2012
TO: Financial Planning and Analysis Committee
FROM: Sue Iverson, Finance Director
SUBJECT: 2012 Work Plan
This will basically be an organizational meeting for our committee resulting in a work plan for the
• committee for 2012. Last year it was determined that we would meet quarterly or as needed. We will
discuss with Mayor Grant some of the items that the Council might like the committee to work on during
2012 or possible projects that might be forthcoming. We will also go over some of the items/projects that
the finance department is working on.