Laserfiche WebLink
<br />I <br /> <br /> <br />:JUN 2 8 2004 <br /> <br />LMC <br /> <br />league of Minnesota Cities <br /> <br />:1.45 University Avenue West, St Paul, MN 55103-2044 <br />(651) 281-1200 . (800) 925-1122 <br />Fax: (651) 281-1299 . TDD: (651) 281-1290 <br />www.lmnc,org <br /> <br />~~ 0/ Mi""~oto. Cities <br />Cipo(l$ PJ'01IWling ~onCfl <br /> <br />To: Administrator, Manager or Clerk <br /> <br />From: Mark Voxland, President <br /> <br />Date: JWle 24, 2004 <br /> <br />Re: 2005 Dues InfDrmation <br /> <br />At its JWle 17th meeting, the League Board of Directors voted to set a maximum dues increase of <br />4.5% for the 2005 fiscal year beginning September 1, 2004. The actual amount will be <br />determined at the Board's August meeting when it will adopt the budget for the coming fiscal <br />year. This preliminary action was taken to comply with the League's Constitutional requirement <br />that members receive at least 60 days notice of intended dues increases. <br /> <br />Over the past ten years, armual dues increases have averaged 2.4%. You may recall last year no <br />dues increase was authorized in recognition of the severe financial strain caused by the <br />Legislature's actions to balance the State's budget deficit. However, the League's preliminary <br />budget forecast for next year indicates that about a 3% dues increase will be necessary to <br />maintain the quality of existing services to our members. The Board is also considering <br />allocating additional resources to strengthen the policy development process and our ability to <br />mobilize city officials to quickly respond to legislative initiatives. Both would potentially also <br />affect the amount of a dues increase. <br /> <br />The Board takes its responsibility to prudently manage the League's assets very seriously. It also <br />recognizes that reliance on League services continues to grow even as city budgets remain tight <br />and that it is important to ensure these services can be provided in a way that meets our <br />members' high expectations and needs. The Board will do its best to balance these goals when it <br />makes a decision on the exact dues increase in August. <br /> <br />On behalf of the entire Board of Directors, I want to thank you for your continued support of the <br />League. As always, we would welcome any comments you have about how League services <br />might be made even better or about the proposed dues increase. <br /> <br />-I <br /> <br />AN EQUAL OPPORTUNITY/AFFIRMATIVE ACTION EMPLOYER <br />