7.0. SR 08-25-2003 - Laserfiche WebLink

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Item ~ ? MEMORANDUM TO: FROM: DATE: Mayor and City Council Pat Klaers, City admir~s~,ra~J August 25, 2003 SUBJECT: Budget Memo The frrst City Council worksession on the 2004 budget is scheduled for August 25, 2003. The meeting will begin with a discussion on some capital improvement programs (CIP) issues. This CIP discussion will be followed with a review of 2004 expenditures. The last discussion items will be the proposed 2004 general fund revenues, the tax levy, and the budget gap. CAPITAL IMPROVEMENT PROGRAM Attached for your review is part of the CIP document which the City Council reviewed on September 23, 2002 and which was approved on December 16, 2002. The CIP includes annual equipment/vehicle items, large (one time) equipment/vehicle items, buildings, land acquisitions, park improvements, and street improvements. The CIP includes a schedule for the improvements or purchases and funding information. It should be noted that the CIP includes a list of needs and desires as presented by the department heads and that adequate funding for all the items listed has not been identified. YMCA Please note that some YMCA Founder's Committee members will be in attendance for this discussion. The YMCA and the YMCA Committee want to know where the city is at in terms of helping to finance YMCA activities in the short term (over the next few years) and in helping to £mance a YMCA building. I do not think that the City Council will be able to make a decision on these issues tonight, but some indication for financial support or non-support can be offered by the Council. The YMCA building needs to be considered during the update of the entire CIP. In this manner, while looking at the CIP in it entirety, the Council can balance the priority for helping to fund a YMCA building as compared to other city needs and as compared to available funds. Within the next few months the City Council will update the CIP to remove 2003 and to add 2008 to the list. The YMCA and a city community center both are not in the CIP at this time.