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Regular City Council Meeting Monday, September 9, 2013 Page 15 Councilmember Etten recognized the positions of other Councilmembers, but stood by his proposed motion, opining that it allowed more openness, serving to eventually reduce the 2015 levy compared to current projections. Councilmember Etten recognized that a number of the reserve funds were targeted toward specif- ics and not all available to spend, but opined that if the City Council chose to be upfront with the budget, it was appropriate to use those reserves as proposed. Councilmember McGehee concurred with the comments of Councilmember Et- ten; and questioned Finance Director Miller on the percentage of reserves were earmarked and targeted as to how they could be spent. Finance Director Miller clarified that all reserves were segregated in specific funds, with some legally restricted to certain applications, and estimated $5 mil- lion to be within those outside legal restrictions, with the rest having City Council discretion. Mr. Miller advised that the General Fund had $5.5 million in reserves, with the other reserves segregated for other City programs and services, and cau- tioned that any reduction in those reserves would serve to impact those opera- tions. At the request of Councilmember McGehee, Mr. Miller confirmed the reserve in the General Fund was at 42% of the current reserve policy range of 35 —45%.. Roll Call Ayes: McGehee and Etten. Nays: Laliberte, Willmus; Roe. Motion failed. Willmus moved, Roe seconded, adoption of Resolution No. 11092 (Attachment A) entitled, "Resolution Submitting the Preliminary Property Tax Levy on Real Estate to the Ramsey County Auditor for the Fiscal Year of 2014;" set at $14,328,721 for programs and services and $3,700,000 for debt service for a total tax-supported levy of$18,028,721. Amendment McGehee moved, Etten seconded, a friendly amendment to the motion to add an additional $50,000 to the levy specific to the CIP. Councilmember McGehee stated that she made this amendment, since 2 years ago, CIP funding was set at $275,000 and this would be an example of the City Council doing what they said it would do. Councilmember Laliberte agreed that CIP funding should remain on track to avoid the reinvestment/redevelopment cycle every ten (10) years as addressed by Mr. Miller. However, Councilmember Laliberte spoke in opposition to this amendment, as she had previously moved for the City Manager to provide a flat