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<br />Council was not interested in supporting a speed study for an increase in speed from 35 mph to 40 <br />mph. <br /> <br />2. Capital Improvement Plans <br /> <br />Finance Director DeJong reviewed the information contained in the packet with Council, he stated <br />that items within the CIP have been previously discussed and approved, that discussions regarding <br />the plan should be incorporated in budget discussions, the utilization of new software for <br />generating the plan, and items being broken down differently than seen before. <br /> <br />Additional discussion took place regarding accounting software, cost estimates needing <br />attention/increasing in certain areas, funding adjustments and considerations going forward, and <br />the new look/setup being more understandable. <br /> <br />3. ARPA-Eligible Projects <br /> <br />Administrator Statz stated that the Council has reviewed and provided direction previously <br />regarding funding, allocation (revenue loss), appropriate accounting/reporting being completed to <br />the current requirements, the previously discussed CIP and the 2023 budget. <br /> <br />Discussion ensued regarding parking lot improvements, thin mill and overlay program, accounting <br />software, the city’s generator, the conditions of roadways in the City, funding for salaries, stable <br />levy, deadline of 2024 for allocation, capital funds, investing in the City and its residents, park <br />funding impacting the entire community, previous City Hall project with many stating that the <br />expenditures were justified, Veterans Memorial, inability to expend funds equally to public safety <br />entities due to each cities infrastructure needs and abilities for the funding allocations and future <br />discussions pertaining to the funds. <br /> <br />4. Expenditure of Charitable Gambling Proceeds <br />Finance Director DeJong stated that the proceeds are regulated with expenditures being restricted <br />to certain uses. He reviewed the areas allowable for the funds to be expended to, stated that the <br />amount is $43,126.10 from 2020 and 2021, and recommended usage for parks and recreation <br />activities, Fete des Lacs, the Parks & Recreation Volunteer Recognition Program. He stated that <br />the budgeted amounts for the activities for 2022 is $26,950. He also stated that two light poles <br />were installed in LaMotte Park totaling $15,271. It was stated that a remainder of approximately <br />$1,000 would be held over for 2023. <br /> <br />Discussion ensued regarding scholarship funds for the Jr. Council Member Program at a level of <br />$1,500/annually, recognition of military service and giving money back to youth as the funds came <br />from the Hockey Association. <br /> <br />5. Preliminary General Fund Budget Update <br /> <br />Finance Director DeJong stated that three items have been modified since Council last reviewed <br />the preliminary General Fund Budget. He stated that the anticipated LGA has been reduced to <br />zero due to recent legislation, public safety (Centennial Lakes Police Department budgeted amount <br />– reduced by $2,030), development escrow fees and handling them through capital projects which <br />reduces expenditures by $45,000. He stated that the next effect is an increase to the tax levy <br />Page 2 of 9 <br /> <br /> <br />