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#2: 2000 Budget Discussion <br /> <br />City Administrator Norman stated that Council has to adopt a preliminary budget by <br />September 15. We cannot raise the tax or levy after that, but we can lower it. Staff will <br />be asking Council to adopt a levy at the September 14, 1999 meeting. <br /> <br />Finance Officer Lund disseminated a budget breakdown by department. She presented <br />an overview noting that the two major revenues are property taxes and building permits. <br />There is also LGA and HACA. She pointed out that Ramsey has to adopt a balanced <br />budget by Tuesday, so it can be certified to the County. The money set can be moved <br />around but the amount cannot be raised. The maximum general fund levy is $2,686,259. <br />That's the maximum allowed by State Statutes under the levy limits. <br /> <br />Mr. Norman noted that expenditures are capital outlay and personnel. <br /> <br />Ms. Lund continued that the certificate of indebtedness equals $253,769. That's a special <br />levy above and beyond the general levy. <br /> <br />Discussion ensued relating to bonding. It was noted that more money could be made by <br />charging interest to ourselves. The amount of $112,340 is the price and interest charged <br />against the general fund. $163,131 would be added to the debt levy limit. By doing a <br />debt and adding to the levy that would pull $112,340 out and add $163,131. <br /> <br />Councilmember Zimmerman inquired if Ms. Lund would recommend that to which she <br />replied yes. <br /> <br />Discussion ensued relating to water towers, etc. <br /> <br />Ms. Lund recommended we do not do an intra-City loan. <br /> <br />Councilmember Hendriksen stated $253,769 and $12,340 are our two options. We are <br />still short $72,916. <br /> <br />Councilmember Anderson inquired if there is anything additional for space needs to <br />which Ms. Lund replied $25,000 for rental space. <br /> <br />Referring to page 4, Mr. Norman stated he has recommendations: leave in the MIS <br />person, take out the administrative secretary, take out the custodian, take out the code <br />enforcement, keep in the fire code inspector, and keep all positions in on page 5. <br /> <br />Page 6 - Ms Lund explained that some of these are not new employees. It's adding hours <br />and also moving up an officer and five additional public safety aides (making a total of <br />15 aides). $315,000 is the cost for additional personnel we are adding. We need $72,000 <br />and Mr. Norman's recommendation is already at $100,000. <br /> <br />City Council Work Session/September 8, 1999 <br /> Page 3 of 7 <br /> <br /> <br />