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9.c) Staff Report-2015 Budget Adoption Staff Report Date of Meeting: December 16, 2014 To: City Council From: Kristina Handt, City Administrator Re: Adoption of 2015 Budget Background: The City began working on the 2015 budget this summer and certified the preliminary levy in September. In November the County mailed proposed property tax statements to property owners. The preliminary levy was certified at $2,217,509, a 2.14% increase. The public hearing on the budget was held on December 3, 2014. The Planning Commission held a public hearing on the 2015-2019 Capital Improvement Plan on November 5, 2014 and they are recommending one change-$22,000 from general fund for Lilleskogen Improvements. The Council did not provide direction on where to take the $22,000 from at the public hearing so no changes have been made. Lilleskogen funding is still listed as donations and grants. Proposal Details/Fiscal Impact: Included in your packet is Resolution No. 12-16-14-02 that certifies the levy for 2015 at $2,217,509 and adopts the 2015-2019 CIP. No changes are included to the draft reviewed at the public hearing on December 3, 2014. The Washington County Sheriff’s Office has provided an updated estimate for 2015. Since a new deputy is assigned to take over the contract, the costs have been reduced by $9,384. A copy of the revised estimate is included in your packet. The Council may want to amend the proposed budget before adoption to reduce this line item and reassign the funds and/or reduce the levy. th At their December 8 meeting, the EDA voted to relinquish some of its budget if the Council found other resources to fund Lilleskogen improvements and their budget could help in reaching the goal. Options: 1)Adopt Resolution No. 12-16-14-02 2)Amend the 2015 Budget and then Adopt Resolution No. 12-16-14-02 3)Delay action for a week. The final levy must be certified to the County by December 26, 2014.