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CC_Minutes_2018_0924
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10/12/2018 9:03:22 AM
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Roseville City Council
Document Type
Council Minutes
Meeting Date
9/24/2018
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Regular City Council Meeting <br /> Monday, September 24,2018 <br /> Page 14 <br /> Mayor Roe stated this is a clear and defined issue society has and not just in Ro- <br /> seville. He thought it required a lot of thought and a good solution that takes ad- <br /> vantage of the capabilities and capacities that are either in the system or can be <br /> created in the system. It very well might be a Roseville specific model. He <br /> would like to take part of 2019 to try to figure out what that is and have a lot of <br /> conversations to develop a business plan or model of what it would be. He would <br /> be happy to look at, potentially, even considering some kind of budget amend- <br /> ment in 2019 if the Council is ready to do that, which might involve using some <br /> reserves if the City wanted to get something started. He was not in the position at <br /> this point to support adding $85,000 to the levy to support that without all those <br /> conversations having happened. <br /> Councilmember Etten stated when the use of reserves to balance the budget was <br /> previously discussed, he suggested putting an additional $100,000 on the prelimi- <br /> nary levy to be prepared depending on the information the Council receives from <br /> Mr. Miller at the December meeting as to whether the City's reserves have been <br /> spent below that thirty-five percent. He would like to remove that piece from the <br /> levy if it was determined that the City was in a good spot for 2019 but he did not <br /> want to be backed into a corner. <br /> Councilmember McGehee asked if Councilmember Etten recommended the City <br /> go to the two-year plan now as the"not to exceed", with the understanding in De- <br /> cember if the City was above the thirty-five percent, the City would then drop to <br /> the three-year plan. <br /> Councilmember Etten stated if the year-end 2018 and projected use of reserves in <br /> 2019 looked safe, the City could then bring it back down to the three-year plan. <br /> This will give the Council some flexibility to be prepared to react if the Council is <br /> not in a spot with their reserves. <br /> Mr. Trudgeon stated as referenced in the staff report, what the City does in 2019 <br /> is not going to affect any reserve level the City will have at the end of 2018. The <br /> City does not get the tax payments until July and December. If the City levies <br /> higher, the City has less reliance on the payments but if the City finds itself to be <br /> under the thirty-five percent threshold at the end of 2018 or the first couple of <br /> months in 2019, the City will need to find other funds to transfer. He was not <br /> sure if there will be any additional information on December 3rd to make that clear <br /> decision. <br /> Councilmember Etten understood but thought the Council would have a better <br /> idea that 2018 was planning to use almost $700,000 in reserve and the City still <br /> has $400,000 plus planned for 2019 that the City might not have anything to use <br /> for 2019. So this gives the Council the opportunity. If the Council is talking <br /> about pulling from reserves, he would rather have the levy in a spot where the <br />
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