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CC Work Session 2. 1. <br />Meeting Date: 08/28/2018 <br />Information <br />Title: <br />Continued Discussion of 2019 Budget/Levy and Review of 5-Year Budget (2019-2023) <br />Purpose/Background: <br />Purpose: To determine a final preliminary budget and levy for adoption at the September 25, 2018 City Council <br />meeting. <br />Background: Council was presented a draft copy of the preliminary 2019 General Fund Budget at its worksession <br />of August 6, 2018. At this meeting each respective department presented their personnel requests. Staff was <br />directed to prepare the financial implication of these added positions for the next five years. This has been prepared <br />as well as the five-year outlook if no new positions were to be added for years 2019-2023. <br />Four options have been prepared that show the net effect on the proposed levy. The implications of each of these <br />options will be discussed at the worksession. <br />The following attachments are presented for review of the proposed 2019 budget and levy: <br />1. 2019 Preliminary Budget/Levy Notes <br />2. Tax Capacity Rate Calculation with the 4 options noted <br />3. 2018 Tax Rate Comparisons with all Anoka County Cities <br />4. 2019 Personnel Requests <br />5. 2019 Capital Equipment Request <br />6. 2019 Proposed General Fund Budget <br />7. 2019 Propsed EDA Budget <br />Attached are several documents related to not only 2019 but also for years 2020-2023 (Five -Year Budget) to reflect <br />the effect on budget, tax rates and levies for these years in response to personnel requests and debt related to roads, <br />capital equipment and public works campus. The 2020-2023 numbers are strictly assumptions. <br />8. 5-Year Budget Assumption Notes (2019-2023) <br />9. 2019-2023 Personnel Requested with annual costs <br />10. 2019-2023 Capital Equipment Requests <br />11. 2019-2023 Tax Capacity Tables - With all Personnel Requests Included <br />12. 2019-2023 Tax Capacity Tables - With No Personnel Requests Included <br />13. 2019-2023 General Fund Budget Summary (All New Positions Requested Included) <br />14. 2019-2023 General Fund Budget Summary (No New Positions Included) <br />Timeframe: <br />60 Minutes <br />Funding Source: <br />Responsible Party(ies): <br />Finance Director <br />