Agenda - Council - 12/21/1982 - Laserfiche WebLink

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I I I I I I I I I I I I I i I I I I I TO: F ROM: RE: Mayor and City Councilmembers City Administrator Staff Report for December 1982 1) Finance - The following is hereby submitted to you on this category, a) Cash Flow Report for November 1982 - The Cash Flow Report for the month ending November 30, 1982 is contained as enclosure (D2-a) 0 Our cash flow is holding right.in there during these troubled times. b) c) Revenue and Expenditure Report for November 1982.- This is the abbreviated Revenue and Expenditure Report for November 1982 and it appears we are doing fine in the management of our revenu~ and expenditures for-year 1982. Minnesota and its affect on the City of Ramsey in regards to finance -It appears that the State of Minnesota's financial woes are going to stay with the State for a period of time. The immediate effect in regards to the cut back in local aids to cities Will amount to approximately $10,000. The major concern I see for us here in Minnesota is the affect these financial woes are going to create in our bond ratings and the selling of bonds. It is so im- portant to maintain top drawem financial integrity, This is the area where poor fiscal management can really shackle a State or City. According to what I have been told by top officials of the Moody Rating Service, Minnesota has a lot of shaping up to do before it is out of the woods. It appears to me Minnesota has really over-extended itself. This is something we are all aware of when we look at the Minnesota tax laws. 2) General - This has been a year of many special projects, a) Ad Hoc Committee regarding the development of an ordinance to govern the in- stallation of public utilities and the assessing of them. Council should commend those who served on the committee and also Building Official Berg and City Engineer Raatikka who served as exofficio members to the committee, as they really did a fine job. This particular document is going to be an invaluable tool to the City of Ramsey in the management of growth in the forthcoming years. Incidently, the ordinance is on your agenda for action tonight to set up a special meeting to review it. It would be a good idea after you review it at a special meeting to hold a public hearing on it at a regular meeting. b) Report on existing Landfill and proposed Landfill Site '!P" ~ City Staff will have this very comprehensive report ready for Council review at this meeting. This report will be the City's response to Anoka County and the Metro Council in regards to the proposed Landfill Site "P". c) State Aid Lawsuit - This case is moving along extremely well. Our expert witness is busy putting together the material that they have been furnished and are extremely pleased with it.