6.0. SR 09-07-2010 - Laserfiche WebLink

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budget gap was $551,700. That was reduced by some minor adjustments as discussed by the Council and other adjustments and corrections made by staff. Please refer to the attached spreadsheet fox those details. In addition, there may be adjustments following this work session that will be included in the final budget. Also, the draft budget includes $320,400 of capital outlay. Per our previous discussions, some of those requests may not be approved. If $325,000 of fund balance is used as it was in 2010, the budget gap is less than $190,000. That can be addressed by delaying some capital outlay until LGA funds are received. There are two other budget related items discussed at the work sessions that require follow-up before adoption of the final budget: First, staff would like authorization to move forward now with replacing the ice arena vessels for $16,500 since that is an insurance requirement. Funds are available in the Capital Outlay Reserve set aside by the City and designated for the ice arena to cover this expenditure. Second, the Fire Chief and I discussed the duty officer program with the Council at the August 9 meeting. If the Council agrees with proceeding with this program, the Fire Chief would like to begin an early implementation of the program in 2010. Funds are available from the part-time pay line item in the fire department budget to cover the 2010 expense. An additional $23,500 will be added to the 2011 budget if the Council approves the duty officer program. Finally, the detail budget information was distributed to the Council for the August meetings and is not included with this memo. If you want another copy of any of the previously distributed material, please contact me. Staff will be prepared to go over the levy and budget at the work session in as much detail as the Council desires. The Council may adopt the levy resolutions and set the budget meeting date at this worksession or at the September 13 worksession. Attachments ^ Goals and budgets for departments listed above. ^ Capital Outlay Requests ^ General Fund Budget Summary ^ Sample resolution authorizing the proposed property tax levy for collection in 2011 ^ Resolution approving the Housing and Redevelopment Authority 2011 tax levy ^ Resolution approving the 2011 tax levy for economic development purposes for the Elk River Economic Development Authority ACtlon Motion by Second by Vote Follow Up N:\Public Bodies\Ciry Council\Lori\2010\Budget req for action 9 7 10 final.doc