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<br />TRUST <br />m~ <br />PliBll C <br />LAND <br />mm::.:.;mm RAMSEY CITY MINNESOTA <br />!iMJIBI ' <br />;ijo;,.---- "M . <br /> <br />Feasibility Study <br /> <br />Source: State Department of Commerce <br /> <br />Government <br /> <br />Ramsey was incorporated as city in 1974, and is organized as a Home Rule City under a City <br />Charter originally adopted in 1984. Ramsey is the "Council-Manager Plan" as defined by <br />current Minnesota State Statutes. The City Administrator is responsible for managing the <br />day-to-day operations of the City and for carrying out policies adopted by the City Council. <br />The current Administrator is Kurt Ulrich, effective September 17, 2007. City counsel <br />consists of a Mayor and six Council members, which are elected at large on a nonpartisan <br />basis. These elections are held in November of each even numbered year. Terms of office <br />are four years for Mayor and four for Council members. City Council exercises legislative <br />authority and handles matters of policy. <br /> <br /> <br />Term Expires December 31 <br />2008 <br />2010 <br />2008 <br />2010 <br />2008 <br />2010 <br />2008 <br /> <br />Fiscal Overview7 <br /> <br />City services and programs are funded through revenue that is derived from many different <br />sources. The total adopted 2008 budget for Ramsey is $10 million, a 5 percent decrease from <br />the previous yea:t;'s budget. The primary source of funding for the city are taxes, which are <br />expected to generate $7.1 million (72 percent of all revenues). Intergovernmental revenue <br />Oocal government aid) and licenses and permits are the second largest sources of city <br />revenue at roughly $700 thousand (7 percent of revenues). <br /> <br />The largest expense category is public safety, representing 43 percent of operating expenses, <br />followed by general government services at 27 percent. Expenses for the parks department <br />are expected to total $1.1 million, or 10 percent of operating expenditures. One of six long- <br />term financial planning goals is to "Create and protect an interconnected system of athletic <br />areas, parks, trails, and green spaces throughout the city."8 <br /> <br />7 This section is largely excerpted from the following county documents: Budget Overview - 2005; Standard & Poor's Credit ProfIle, <br />3/21/05; CAFR issued June 2004. <br />8 2006 Comprehensive Annual Finance Report <br /> <br />7 <br />