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HomeMy WebLinkAbout11.30.92 Special Council Minutes 253. MINUTES COUNCIL MEETING SPECIAL TRUTH IN TAXATION NOVEMBER 30, 1992 1. Acting Mayor Galler called the meeting to order at 7:00 P.M.. Members Present: Mayer, Orr, Rotty, Galler. Members Absent: Kuchera. Also Present: Administrator Thompson. (Four citizens, one reporter, Councilmember Elect Ristow, and Department Heads were in attendance.) 2. The purpose of the meeting was to hold the annual Truth in Taxation hearing. Administrator Thompson presented an overview of the budget process, noting that while the budget could be considered a controlling tool, it should also be viewed as a planning document and one of choices. Finance Director Henneke presented the City's Organizational Chart. Administrative Assistant Karen Finstuen, Public Works Director Tom Kaldunski, and Parks and Recreation Director Jim Bell presented an overview of the staffing and functions of their respective departments. 3. Finance Director Henneke presented an overview of the operating budget, noting: a. The breakdown of the General Fund Budget Expenditures. b. The breakdown of the General Fund Budget Revenues. c. Intergovernmental Revenue trends including the State Local Government and Trust Fund. d. Comparison of Dakota County Property Taxes. e. Analysis of levy increase. 4. The following comments were made: Gil Gilbertson: Is the space needs fund proper when existing tax payers will fund future projects? Also could you explain fiscal disparities? Adm. Thompson: It is a complicated formula whereby commercial tax base and revenue within the metro area is shared. Cm. Galler: The City has not had much success passing referendums and it is hoped that the fund will help referendums be more successful. It allows all funds to contribute. On the flip side, Dakota County was criticized for taking on long term debt for the first time. Cm. Orr: The argument would be more valid if taken to an extreme and no bonds were ever issued. That is not the intent. Cm. Orr: The fund is for seed money. The Council would still go to the voters for approval. We are trying to be more prepared when approaching the public. Can the money be used for other purposes? There are no legal requirements, but it is our intent to leave the money in the building fund. It sounds like a fancy accounting system to use the money where you want. I liken it to a household scenario where you plan for an addition two years in advance and your car breaks down. Cm. Ratty: Cm. Orr: Bill Fitch: Cm. Orr: Bill Fitch: 254 Council Minutes - 11/16/92 - Page 2 Cm. Mayer: Bill Fitch: Adm. Thompson: Cm. Orr: Bill Fitch: Cm. Galler: Bill Fitch: Any item in the budget is subject to rev~s~on. As the Administrator pointed out, it is a planning document. How can you justify a 7.8% on top of a 13%+ increase? General Fund expenditures increased 2% last year. City property taxes only went up on average of 3% this year. Are we in or out of the solid waste business? The Council has made a commitment to stay in it for 5 years. Why do we stay in the business if it costs tax payers dollars. Cm. Galler: Solid waste operates on service fees and our fees are com- petitive. How can we justify getting out of the business when we are operating a competitive service? Bill Fitch: Cm. Orr: Cm. Galler: Gil Gilbertson: Cm. Galler: Gil Gilbertson: Adm. Thompson: $6,000. Gil Gilbertson: Cm. Orr: Bill Fitch: Finance Dir. Henneke: Bill Fitch: Finance Dir. Henneke: Gil Gilbertson: Cm. Galler: Cm. Orr: Adm. Thompson: by the City Council. Bill Fitch: Fin. Dir. Henneke: Bill Fitch: Fin. Dir. Henneke: Is the plan based on an incinerator or landfill? It is based on the best information we have today. We con- stantly review it. We mainly focus on costs we can control. Is the HRA in the budget? No. It is a separate agency. The same as the Water Board. Explain the Arena Bonds. The Arena Bonds and Fire Hall Bonds were combined into a refunding bond with an annual savings of approximately The payoff of principal seems low. Just like a house payment. How much has LGA dropped? It has dropped $49,462 from the 1985 figure. How much decrease was due to TIF? $3,800, I believe. The HRA has the authority to sell bonds and levy taxes and we have no control through elections. The Council makes appointments. We try to screen applicants accordingly. Some Councils have dealt with it by appointing themselves to the HRA. The HRA can sell bonds but not back them with the full faith and credit of the City. Also, tax levies must be approved What benefits are given to part time employees? If they qualify, the same as full time employees. What do benefits cost? About 25% of base salaries. 255' Council Minutes - 11/30/92 - Page 3 Cm. Mayer: Fin. Dir. Henneke: What does the updated budget report contain? Just the changes made at the last meeting. Does the Arena hold its own? It about breaks even. Jerry Ristow: P&R Dir. Bell: Jerry Ristow: P&R Dir. Bell: Gene Clay: Fin. Dir. Henneke: Have we ever lost money? We've lost money on summer ice and some rentals. Do PERA employees also get social security? Coordinated members are eligible but Basic and Police/Fire are not. 5. MOTION by Orr, second by Rotty to adopt RESOLUTION NO. R146-92 establishing the 1993 Budget and establishing the Tax Levy for the year 1993 Collectible. Debt Levy General Levy Total $ 357,897.00 1,216,969.00 $1,574,866.00 APIF, MOTION CARRIED. 6. MOTION by Mayer, second by Orr to adjourn at 8:35 P.M.. APIF, MOTION CARRIED. Respectfully submitted, /~ "Y2r' Lfty Thompson City Administrator Approved (;{/7 It? 2-