Laserfiche WebLink
City Council Study Session — 07/18/OS <br />DRAFT Minutes - Page 15 <br />Finance Director Miller reviewed specific budgets for the <br />Finance Department, Central Services, General Insurance, <br />Information Technology, License Center and Lawful Gambling. <br />Mr. Miller highlighted a proposed sustainable asset replacement <br />program to provide a comprehensive city-wide analysis for initial <br />benchmarking and something to come back to the City Council <br />with for formal recommendation; as well as IC�.�,.'s <br />performance measurement system and data collection efforts and <br />required training. <br />Mr. Miller discussed local regulatory issues related to charitable <br />gambling and the city-operated license center and additional FTE <br />employee projections. Mr. Miller noted the recent reassignment <br />of duties and attempts to balance workloads with funding, with <br />no new employees being added. <br />Mr. Miller discussed the IP Telepathy System and savings <br />realized of approximately $60,000 annually, with the system <br />paying for itself within two years. <br />Mr. Miller further addressed projected increases in insurance <br />premiums to the League of Minnesota Cities Insurance Trust <br />(LMCIT), with past premium increases offset through use of <br />reserve funds in the insurance fund. <br />City Attorney Anderson noted that property premiums went up <br />to cover new buildings and additions on the City Hall campus. <br />Mr. Miller detailed the City's Information Technology Business <br />Service, with current cities served at 13 and another two cities <br />anticipated within the next 18 months, and possible expansion of <br />services to existing cities. Mr. Miller anticipated additional <br />hiring to bring �`�'�'s to a total of six 6, and with prior Council <br />approval before hire. <br />Mr. Miller provided a Bench Handout regarding possible <br />expansion of the License Center. Mr. Miller reviewed surplus <br />funding after costs of the License Center for the General Fund in <br />excess of $180,000; comparisons with actual operations and the <br />projected five-year business plan; space needs at the Center; and <br />