1983 Adopted Annual Budget - Laserfiche WebLink

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b) Levy Limitation Law e This year this restriction had a major affect on the City. In the future as noted by the financial analysis prepared by the City, if the City re- ceives its fair share of State Aid, the levy limitation would not be a major problem. c) Mandated Requirements m Federal and State mandated programs which require Cities to spend tax dollars to be in compliance with these laws, in many cases usurp the local government's authority. It is felt that if the State and Federal govern- ments want to adopt these types of controls, they should fund them. d) Inflation and Recession m This has had a tremendous affect on all areas of the City's cost of operation. We may see this level out if the Nat.ion's economists are correct in their projections. e) Growth ® The City's growth has created demands for better services within the City such as police, streets, parks, etc. This demand is really getting to be a major problem to the City and we are really going to have to watch it. The City's reaction to the above has been as follows: a) The City has become very involved in legislation at the State level during the past three legislative sessions to get.the State law governing the distribution of State Aid changed where it will be more equitable to all Cities. The City Council is finding that even laws that produce inequities are very difficult to change. b) The City has prepared an indepth financial analysis to give it better insite on its fiscal and physical planning. c) The City does prepare a very comprehensive Budget which allows the City Council to take an indepth look at the total City operational costs. d) The City does prepare a very comprehensive Five (5) Year Capital Improvement Program (CIP) Budget. e) The City is maximizing the use of investment programs in regards to any of its surplus funds. f) The City is maximizing the use of contracting services such as computer service from its neighboring community of Anoka. This has been extremely beneficial to both communities. It has saved Ramsey many dollars and will continue to in the future.