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9.c) Amendments to the 2009 Budget Meeting Date: 5/19/2009 Agenda Item: �f c� City Council Agenda Report City of Scandia 14727 209`h St. North Scandia, MN 55073 (651) 433-2274 Action Requested: Consider amendments to the 2009 budget. Deadline/ Timeline: N/A Background: • The Council held a special meeting on May 5 to discuss reductions in the 2009 budget due to the anticipated loss of approximately $64,000 in reimbursement for the state Market Value Homestead Credit (MVHC.) • Staff was directed to prepare a budget amendment for further discussion and possible approval at the May 19 meeting. The draft resolution includes expenditure reductions and revenue increases resulting in a net reduction of$83,703 in property tax support needed for the 2009 budget, as discussed on May 5. Recommendation: If the Council wishes to amend the budget at this time, I recommend that you adopt the attached resolution, with any changes you may wish to make. Another option would be to delay the formal amendments until more information on the extent of the MVHC reduction is available. Attachments/ • Draft Resolution No. OS-19-09-06 Materials provided: Contact(s): Prepared by: Anne Hurlburt, Administrator (2009 budget amendments) Page 1 of I OS/08/09 CITY OF SCANDIA RESOLUTION NO.: OS-19-09-06 RESOLUTION AMENDING 2009 BUDGET WHEREAS, the City of Scandia anticipates the loss of approximately $64,000 in reimbursement for the state Market Value Homestead Credit in 2009, which would reduce the revenue from the property tax levy expected to fund the General Fund operating budget; and WHEREAS, the City Council discussed possible reductions in the 2009 budget to absorb this expected revenue loss at a special meeting on May 5, 2009; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCANDIA, WASHINGTON COUNTY, MINNESOTA, that it should and hereby does amend the 2009 Budget as follows: Adopted Revised Net Fund Department Acct Description Budget Budget Chan�e Expense Budget Reductions: 101 41000 Administration 200 Office Supplies $7,000 $5,000 -$2,000 101 41000 Administration 304 Legal Fees $40,000 $35,000 -$5,000 101 41000 Administration 361 Insurance Liability/Property $5,832 $5,542 -$290 101 41910 Planning&Building 200 Office Supplies $750 $600 -$150 l0l 41910 Pianning&Building 312 Planning Services $100,000 $80,000 -$20,000 101 41910 Planning&Building 361 Insurance Liability/Property $500 $370 -$130 101 42200 Fire 361 Insurance Liability/Property $9,945 $11,060 $1,115 101 42200 Fire 401 Building Maintenance $6,000 $2,000 -$4,000 101 43000 Public Works 212 Fuel $26,952 $16,952 -$10,000 101 43000 Public Works 303 Engineering Services $60,000 $50,000 -$10,000 101 43000 Public Works 361 Insurance Liability/Property $11,597 $8,570 -$3,027 101 43000 Parks and Recreation 401 Building Maintenance $11,000 $9,000 -$2,000 101 43000 Public Works 405 Contractual Road Maintenance $204,000 $184,000 -$20,000 and Repairs 101 45000 Parks and Recreation 361 Insurance Liability/Property $4,601 $2,520 -$2,081 101 45000 Parks and Recreation 530 Capital Improvements other than $5,000 $7,500 $2,500 Land 101 45180 Community Center 361 Insurance Liability/Property $2,840 $1,700 -$1,140 -$76,203 Revenue Budget Increase: 101 45000 Parks and Recreation 36230 Donations $500 $8,000 $7,500 Net Impact on Property Tax Levy-Supported Expenditures: -$83,703 Adopted by the Scandia City Council this 19th day of May, 2009. Dennis D. Seefeldt, Mayor ATTEST: Administrator/City Clerk 1