Agenda - Council - 11/26/2024 - Laserfiche WebLink

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Mayor Kuzma said he likes the 3%. Councilmember Woestheoff suggested changing the minimum fund balance for the general fund to 55% to get rid of the need for items 2, 3, 5, and 6. He added that he also agreed with Councilmember Riley's point of not wanting the Council to have to decide every year where these excess funds will go. Councilmember Riley agreed with increasing the minimum fund balance and eliminating the other items. Councilmember Musgrove said she would like to see a forecast of which funds will need more funding and give these a higher percentage allocation. The consensus of the Council was to move forward with the discussed changes to the fund balance policy to increase the minimum fund balance to 5 5% and direct Staff to come back with the amended policy. Recess and Reconvene The meeting recessed at 6:57 p.m. The meeting reconvened at 7:41 p.m. 2.05: Contributions to Non-Profits City Administrator Hagen reviewed the Staff report in regard to the City's contribution to non- profit organizations. Mayor Kuzma shared that he did speak with Police Chief Katers about the Alexandra House contribution, and they are very helpful partners. He added that Police Chief Katers expressed his support of continuing this contribution. He shared that he attended the Anoka Crime Breakfast this morning and the Alexandra House was something that was discussed. Councilmember Howell said that she is generally not in support of the City supporting non-profits; however, the Alexandra House is more of a vital organization. She stated she does not support a contribution to Youth First. Councilmember Specht agreed. Councilmember Riley agreed. Councilmember Woestehoff said he can agree with this and asked if they can finish off the last payment to Youth First for 2024. Councilmember Howell stated she is not supportive of continuing the contribution to Youth First even through the end of the year. City Council Work Session / October 22, 2024 Page 10 of 15