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Regular City Council Meeting Monday, December 4,2017 Page 5 Councilmember Willmus requested additional information from staff, prior to next week's final budget and levy adoption, asking for a position of all funds, in- cluding equipment, etc. as an addition to the numbers provided in Attachment C. Finance Director Miller advised that he would do a similar projection to this, em- phasizing that it was only a projection until final numbers became available after year-end 2017. In an effort to further inform council member deliberation, Mayor Roe moved to the presentation table to provide additional graphs that he had prepared showing revenues versus expenditures from 2010 through the 2017 and projected 2018 budgets and to help visualize those trends in the budget. Mayor Roe also included trend graphs depending on City Council decisions in using the $580,000 in addi- tional possible tax levy identified for potential use, whether to shore up building replacement funds, the park improvement program fund balance or using the rec- ommendation from the Finance Commission for smaller use of the additional tax levy increase possibly for those two funds. Mayor Roe clarified he had intention- ally left out any anticipated state bonding for the OVAL in 2020, resulting in on- going deficit issues in the early years of his do nothing projections. At the request of Councilmember McGehee, Mayor Roe confirmed that he was only addressing two funds, excluding the Street Fund at this time, since that was already being addressed with a proposed $160,000 levy increase this year, but with the balance in that fund still being depleted over time. From his personal perspective, Mayor Roe suggested that the City Council take the $580,000 additional not-to-exceed levy and split it between the two funds (Parks & Recreation and General Fund). If following that suggestion, Mayor Roe noted that by year 2024 the results would allow throttling back levy funding for both of those CIP funds reducing the levy for those uses at that time . Discussion ensued related to these projections, including continued use of re- serves on the operating side, peaks in equipment replacements (e.g. replacement of fire engines); and how Mayor Roe's suggested use of not-to-exceed tax levy compared or differed from the CIP Task Force recommendations developed sev- eral years ago plus any additional levies, with Mayor Roe clarifying that he had tweaked those numbers since the 2011 proposal by the CIP Task Force in some cases was no longer relevant in the long-term projections. At the request of Councilmember Willmus, Finance Director Miller reviewed when debt service on the Public Works and City Hall bond issue came off, with 2019 as the last year programmed for that additional $765,000 debt service, with Mayor Roe's projections programmed into his trend graphs and recommenda- tions. Mr. Miller further noted that of the $765,000 for the expiring debt levy, on-