Laserfiche WebLink
earnings are reduced. It also needs to be considered that there will be several parks going into <br />Town Center for which capital improvements will be needed. <br /> <br />Mayor Gamec indicated his preference in maintaining a fund balance in the Landfill Trust Fund <br />as an insurance policy for situations such as a major catastrophe. <br /> <br />City Administrator Norman noted an option in the future might be to consider changing the name <br />of thc I,andfill Trust Fund to be a more broadly used fund. <br /> <br />Councihnember Elvig expressed concern with a tax increase with the amount of infrastructure <br />being installed with Town Center. He stated the Council has said they can make growth pay for <br />these improvements. <br /> <br />The Council reviewed the following tax capacity calculation estimates: · 44% Tax Capacity Rate, including a Landfill Trust Fund transfer of $230,000 <br /> · 42.2428% Tax Capacity Rate, including a Landfill Trust Fund transfer of $535,000 <br /> · 40.2699% Tax Capacity Rate, including a Landfill Trust Fund transfer of $635,000, <br /> requiring the need to cut $221,000 from the proposed budget of 8/9/05 <br /> · 38.9302% Tax Capacity Rate, including a Landfill Trust Fund transfer of $635,000, <br /> requiring the need to cut $431,125 from the proposed budget of 8/9/05 <br /> <br />Counci hnember Cook indicated his preference for Option C, with an additional $221,000 <br />transferred from the Landfill Trust Fund, rather than cutting the budget. <br /> <br />Staff and Council reviewed the following personnel positions in the proposed 2006 budget: · Community Resource Officers (Patrol Officers) <br /> · Building Maintenance Employee <br /> · Communications Employee <br /> · Fire Secretary - position increased from ½ time to full time <br /> · Fire Inspector <br /> · Engineering Employee <br /> · Two Streets and Parks Employees <br /> <br />Thc consensus of the Council was to include the above positions in the budget, with further <br />information regarding an increase of the Building Maintenance Employee to be budgeted for the <br />full year. <br /> <br />Councihnember Elvig stressed the need to be realistic in cost assumptions when forecasting <br />personnel needs in the future. <br /> <br />Public Works Director Kapler advised the City is in a growth period it has not experienced in the <br />past. <br /> <br />Counci lmember Jeffrey commented on the need to complete the organizational study, which will <br />assist in determining personnel needs in the future. <br /> <br />Capital Expenses <br /> <br />City Council Work Session / August 30, 2005 <br /> Page 2 of 4 <br /> <br /> <br />