Minutes - Council - 09/27/2022 - Laserfiche WebLink

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Public Hearing Mayor Kuzma called the public hearing to order at 7:15 p.m. Citizen Input There was none. Motion by Councilmember Woestehoff, seconded by Councilmember Riley, to close the public hearing. Motion carried. Voting Yes: Mayor Kuzma, Councilmembers Woestehoff, Riley, Howell, Musgrove, and Specht. Voting No: None. The public hearing was closed at 7:16 p.m. Council Business Motion by Councilmember Woestehoff, seconded by Councilmember Riley, to Adopt Resolution #22-224 Adopting Assessments for Past-Due Charges on Municipal Utility Bills Motion carried. Voting Yes: Mayor Kuzma, Councilmembers Woestehoff, Riley, Howell, Musgrove, and Specht. Voting No: None. 7. COUNCIL BUSINESS 7.01: Adopt Resolution #22-225 Adopting Proposed 2023 Payable Tax Levies (General, Pavement Management, EDA and Debt Service) & Schedule Public Hearing for December 13, 2022; Adopt Resolution #22-226 Adopting Proposed 2023 General Fund Budget and Resolution #22-227 Adopting Proposed 2023 EDA Budget. Finance Director Lund reviewed the proposed resolution and gave a presentation of the 2023 proposed levies and general fund budget. She shared the five key goals of the City, which are, financial stability, a balance of rural character and urban growth, an active and connected community, a smart citizen-focused government, and an effective organization. She stated the budget and levy document attempts to follow each of these items and goals. She explained the City’s tax capacity rate is made up of two numbers, the annual levy divided by the total taxable market value. She noted this year's tax capacity has increased by over 26% and the City’s levy has increased over 19%. Her presentation included discussion of street maintenance, which is a major cause for the high levy increases. She also noted the number of calls for the police department this year. She stated the 2023 total levy is proposed at $18,292,245, the 2023 general fund budget is proposed at $17,027,353, and the 2023 estimated tax capacity rate is 40.562%. She went on to share the four components that make up the levy for the City, which are the general fund levy, the EDA levy, the pavement management levy, and the debt service levy. She reiterated that the street reconstruction debt is the largest proponent of the levy increase. She shared the components that lead to the levy increase for 2023, which were as follows: the 2022 street reconstruction debt, City Council / September 27, 2022 Page 5 of 7