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BUDGET CO~IITTEE <br /> CITY OF RAHS EY <br /> ANOKA COUNTY <br />STATE OF MINNESOTA <br /> <br />The Budget Committee met on Monday, September 14, 1987 at the Ramsey <br />Municipal Center, 15153 Nowthen Blvd. N.W., Ramsey, Minnesota. <br /> <br />Members Present: Councilmember Arnie Cox <br /> Councilmember Steve DeLuca <br /> <br />Also Present: <br /> <br />City Administrator David Hartley <br />Finance Officer Noel Graczyk <br /> <br />CALL TO ORDER <br /> <br />The Budget Committee meeting was called to order at 6:20 p.m. Mr. Hartley <br />noted that Police Chief Auspos is present at the meeting as a spectator and <br />not drawing comp time. <br /> <br />DISCUSSION <br /> <br />Mr. Hartley presented those present with copies of the 1988 budget draft <br />dated 9/14/87. <br /> <br />Councilmember Cox stated that after the Budget Committee has reviewed the <br />budget, he wants the budget reviewed with the entire City Council so that <br />the adoption of it is based on the knowledge of all councilmembers rather <br />than one or two. <br /> <br />Mr. Hartley explained that the General Fund is where the city accounts for <br />most of the operations of government and it includes Special Revenue Funds <br />(FRS Fund, Flintwood Fund, Rivers Bend Fund, Tax Increment Fund and Tipping <br />Fee Fund). They are called special revenue because they tend to pay for <br />something that is a governmental kind of activity but they have a special <br />revenue stream. Debt Service Funds are set up to service the debt (borrow <br />the money, collect the revenues and pay the debt). Capital Project Funds <br />are funds used to take a particular project and account for it during the <br />life of the project; when a project is completed and you have expended all <br />of the money for the purpose of that fund, whatever is left goes into the <br />Debt Service to pay off money borrowed to do the project. Expendable Trust <br />Funds are funds maintained with a general intended use, i.e. Park <br />Improvement Fund. <br /> <br />Mr. Hartley stated that a major issue needing to be addressed is where the <br />city is going with sewer and water as a business and the rates that should <br />be charged. Another issue to be addressed is privatization of certain <br />functions of the city and review of functions that are currently being <br />contracted out. These issues impact the budget. <br /> <br />Mr. Graczyk stated that sewer and water enterprise operations are different <br /> Budget Committee/September 14, 1987 <br /> <br />Page 1 of 4 <br /> <br /> <br />