1996 Adopted Program of Municipal Services & Capital Improvements for Fiscal Year 1996

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I I I I I I I I I I I I I I I I I I I City of Ramsey 15153 NOWTHEN BOULEVARD N.W., RAMSEY, MINNESOTA 55303 PHONE (612) 427-1410 FAX (612) 427-5543 TDD (612) 427-8591 December 12, 1995 Honorable Mayor and .~ity Council City of Ramsey, Minnesota Dear Mayor and Councilmembers: Introduction Attached is the adopted Program of Municipal Services and Capital Improvements for Fiscal Year 1996. To provide the Council better information in its role as policy makers, we have amended the format of the budget to include additional narrative and statistical data on each of the individual operating cost centers, as well as utilize line item budgeting techniques. Our hope is that the revised format will improve the analytical quality of the information and result in a better understanding of the budget and City operations by the Council, staff and Ramsey citizens. This document includes the 1996 Adopted General Fund Revenues and Expenditures, the 1996 Adopted Economic Development Authority Fund Revenues and Expenditures, and the 1996 Adopted Enterprise Funds Revenues and Expenditures [includes the Water Utility Fund, Sewer Utility Fund, Street Light Utility Fund and Recycling Utility Fund]. The following comments in this budget message relate primarily to the City's General Fund Budget and overall status of the City's financial framework. General Fund Budget In preparing the 1996 General Fund Budget, the following objectives were established: a. Recognize the limitations placed on City activities resulting from limited revenue growth; and b. Maintain or increase the existing level of City services and programs; and c. Increase the tax capacity rate to a level adequate to provide for ongoing operating services and programs while continuing taxing levels comparable to or below that of surrounding communities; and d. Position the City fmancially such that stable revenues are identified for current and future capital programming and equipment replacement; and e. Avoid deferring costs to future years. xi