Laserfiche WebLink
<br />e <br /> <br />e <br /> <br />e <br /> <br />MEETING OF THE ELK RIVER CITY COUNCIL <br />HELD AT THE ELK RIVER CITY HALL <br />WEDNESDAY, SEPTEMBER 8, 1993 <br /> <br />Members Present: <br /> <br />Mayor Duitsman, Councilmembers Dietz, Farber, and <br /> <br />Holmgren. <br /> <br />Members Absent: <br /> <br />Councilmember Scheel <br /> <br />Staff Present: <br /> <br />Pat Klaers, City Administrator; Lori Johnson, <br />Finance Director; Tom Zerwas, Police Chief <br /> <br />1. Call Meeting To Order <br /> <br />Pursuant to due call and notice thereof, the meeting of the Elk River <br />City Council was called to order at 6 p.m. by Mayor Duitsman. <br /> <br />Prior to beginning the budget work session, Mayor Duitsman updated the <br />City Council on the Fire Relief Association meeting that he attended <br />when retirement plan changes were reviewed. Mayor Duitsman indicated <br />that a task force is being formed to review the retirement compensation <br />plan and he asked that he and Finance Director, Lori Johnson, be <br />appointed to this task force. <br /> <br />COUNCILMEMBER HOLMGREN MOVED <br />JOHNSON, FINANCE DIRECTOR, <br />FORCE. COUNCILMEMBER FARBER <br />4-0. <br /> <br />TO APPOINT MAYOR HANK DUITSMAN AND LORI <br />TO THE FIRE RELIEF COMPENSATION PLAN TASK <br />SECONDED THE MOTION. THE MOTION CARRIED <br /> <br />2. Budget Work Session <br /> <br />The City Administrator noted that this was a continuation of the first <br />budget work session held August 30, 1993. This 8/30 budget work <br />session concluded with a brief discussion on the proposed General Fund <br />Revenues. <br /> <br />1994 Revenues <br /> <br />The City <br />planned <br />proposed <br /> <br />Administrator stated that the projected 1994 revenues <br />to increase $365,900, or 12.17%, to a total of $3,372,300. <br />revenues are $145,800 short of the requested expenditures. <br /> <br />are <br />The <br /> <br />This $145,800 budget gap exists even with the General Fund Tax Revenues <br />increasing $216,750, or 16.38%. This increase is based on a gross tax <br />increase of $185,000 plus additional shifting of funds from the tax <br />levy and a change in how the State distributes the equalization aid and <br />homestead and agricultural credit aid (HACA). Taxes represent about <br />45% of the total General Fund revenues. <br /> <br />The City Administrator indicated that <br />(LGA), and HACA represent approximately <br /> <br />local <br />the <br /> <br />government aid <br />total proposed <br /> <br />taxes, <br />68.5% of <br />