08/15/94 Staff Budget - Laserfiche WebLink

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Mr. Gromberg stated that the personnel complement is himself, Mr. Schroeder, and the EDC members. Miscellaneous operating supplies are maps used for Game Fair, etc. Councilmember Beyer talked about the City's identity problem at the Game Fair. She felt the City needed a draw to get the people to the booth to talk - something to draw attention to our City. Mr. Jankowski stated he had heard a suggestion of giving away pens. Councilmember Beyer stated we could have a drawing, sell hats, etc. Ms. Hart suggested that LeToumeau's could bring in some of their Ramsey items. Mr. Gromberg continued - there is money requested for repair to the entrance sign for 153rd and the postage is for flyers, etc. The training is for employees and EDA members and the legal notices are for public hearings, etc. Building rental is if we do rent out the metal building. He covered the dues and subscriptions. $20,000 for Economic Development activities is miscellaneous. $2,000 is for the Business Expo and it is generally donated by the City Council. Improvement is the entrance sign at County Road 6+116 and Highway g47. Ms. Hart - current Ad Valorem - as of May 1 - $1,186,586 - includes $43,000 of tax increase - 4.5% - 1994 levy. 531 to 726 - down about $25,000. TIF value up - $1,110,000; I estimated $1,168,000. $1,138,578 - $29,900 less than what we were working with originally. Delinquent ad valorem $25,000. Fiscal disparities down to $285,242 - penalties and interest - about $40,000. Business license and permits - we will be looking at different rate structure - maybe adding additional license fees. Ms. Hart also touched on b,uildingpermits. LGA - estimating $296,546 - $302,069. HACA - up $521,445 - estimated $515,245. Insurance premium is left level. $39,000+ in rental from EDA. Plan check up to $78,866. Court f'mes - left same. Charged court cost but not collecting fee. Interest - kept consistent. Miscellaneous - about same as last year. Street Maintenance Program will cost the City about $56,000. Estimated Equipment Revolving Fund is $172,905. Landfill Tipping Fee Fund - $12,000 offset environmental specialist. Total revenue and other financing sources $3,193,555. If we utilize tax increase of $43,000 - current rate tax capacity 18.684 to approximately 19.3898. She stated she would not anticipate any surprises like last year - referring to the medical building. Mr. Schroeder stated for the levy setting meeting - we are assuming we will come in with a 4.5 - 5% levy increase. At last budget meeting, we asked for suggestions. Prior to the next meeting, I will supply you with a baianeed budget using 4.5 - 5% increase in taxes. Councilmember Beyer said to get the levy up there. Ms. Hart stated that with the addition of a Police Officer, we have grounds for a levy increase. Councilmember Beyer stated that spread out over the entire City, it's not that much. Ms. Hart stated that 17¢ on the dollar goes to the City. Couneilmember Beyer stated if we are going to continue to live this way, scared to death of what the school district is going to do, we have to get the levy up there. "Bite the bullet and do it". Staff Budget Meeting/August 15, 1994 Page 8 of 11