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2020-07-20 City Council Minutes - WorkshopU**.11s9c" up*. Monday, July 20, 2020 City Council Chambers Via Video/Phone Conference The Budget workshop reconvened at 8:46 p.m. 1. Long Range Plan Discussion Lannes asked if there were any questions on the long-range plan that was presented prior to the regular council meeting. In addition, Lannes mentioned the items we want to look at in the future is if there bonding needed around the two years where debt is retired to avoid fluctuation in the future levies for projects. Mayor Hendrickson asked if there is any room to start adding funds for the parks. . Nafstad as of now there is no room currently in the budget to increase for major park projects without a large increase in the levy. The improvements for Central Park are in the long-range plan, but funding has not been assigned. 2. Draft 2021 Preliminary Budget — Presentation Lannes presented the draft 2021 budget and levy reminding Council that once the preliminary levy is adopted in September it can only be decreased, not increased, for final levy in December. In addition, Lannes mentioned this draft budget doesn't include the enterprise funds they are not part of the tax levy so they are separate. The presentation included budget history and prior years levies. The draft 2021 budget presented has a 1.72% in the levy which consists of a 4.89% ($104,648) increase in operations, .30% ($3,084) increase in Capital and a decrease of 4.64% ($36,280) for a total projected levy increase of $72,172 or 1.72%. a Senior Center/Library Lannes informed the Council that the debt service the City of Albertville shares with the City of St. Michael for the Senior Center/Library has a small decrease in the 2021 preliminary budget and forward to 2036 since St. Michael refinanced the bond. The refinancing is projected to save $60,307 for Albertville's portion over the remaining life of the bond, City of Albertville Council Agenda Monday, July 20, 2020 Page 2 of 2 9 Building Department Lannes reported that there was no substerrial change in the contract amount for the building department with St. Michael 30MMM Lannes mentioned there was, a small increase in Albertville's portion for FYCC * Law Enforcement — Contract/Coverage Review Lannes updated the council on the large increase for law enforcement services of 5% ($35,770). 0 Other There was discussion of what was presented and the projected levy increase of 1.72%. With the uncertainty of Local Government Aid, Council directed staff to slightly revise the budget to a 2.9% levy increase for approval for September preliminary 2021 levy and knowing it can be reduced prior to the Final Levy adoption in December. 3. Close budget workshop and reconvene the Regular Council Meeting Mayor Hendrickson closed the budget workshop and reconvened to the regular Council meeting at 9:1.5 p.m. Respectfully submitted, Tina L. Lannes, Acting City Clerk P:\City CouncihCouncil Minutes\2020 Minutes\2020-07-20 Budget Workshop 111inutes.docx Meeting Date: July 20,2020