HomeMy WebLinkAbout11-15-2012 Minutes MINUTES
EN HILLS
FINANCIAL PLANNING&ANALYSIS COMMITTEE
Thursday,November 15,2012
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;David Radziej;John Braun
MEMBERS NOT PRESENT:Katy Peters,David Grant,Council Liaison
OTHERS PRESENT: Sue Iverson,Kyle Howard
Call to Order
1. APPROVAL OF THE AGENDA
Motioned:David Radziej
Seconded:Arlene Mitchell
2. UNFINISHED AND NEW BUSINESS
A. Continue Discussion of Utility Rate Study
The first thing covered at the meeting was the new tier structures that the FPAC requested at the
November 7th meeting.These new tiers were entered into the Excel model to calculate total estimated
• revenue for the Utility Funds.After reviewing the new tiers FPAC moved on to looking at the actual
cost associated with each level of the tiers.Discussion started out covering what the cost to the City
was to purchase water from Roseville and projected increases in future years.It was stated that the City
currently pays$2.40 per 1,000 gallons for water purchased from Roseville.This is a combination of
the cost that Roseville pays St.Paul for the water,plus overhead Roseville charges the City.Sue
Iverson noted that Roseville will be increasing the overhead they charge by$8,000 next year. Staff
would continue working on cost for each tier to generate the proper cash flows to cover the capital
expenditures and operating budget.
The next issue FPAC revisited was the new tier structures.These tiers showed that there was not any
major benefit gained by creating the new tiers.The committee determined that staff should use the
current tier system and add a new level of 0-10,000 gallons.This structure was preferred since the
current rate structure is working and the goal is to help the low end users.The committee also felt that
the major change in tier structure might be a too dramatic of a change at this time.
3. REPORTS
A. Reports from the City Council
No reports from the Council.
• 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
MINUTES
-zS EN HILLS
4. ADJOURNMENT
Motioned:Jim Ostlund at 7:00 pm.
Seconded:Arlene Mitchell
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