08-12-2002 CC MIN - Laserfiche WebLink

Home Browse Search

City Council Minutes Page 8 August 12, 2002 sample were the public safety lease bond levy amount and the 2003 equipment certificate amount. Discussion took place regarding the tax rate impact based on the preliminary levy sample if the city net tax capacity increased by five percent. It was noted that the city does not have the f'mal levy limit amount information from the state, nor does the city have the net tax capacity change from the county. The City Administrator reviewed the proposed revenues and expenditures for 2003. He indicated that revenues are projected at $7,571,200. The City Administrator indicated that the total general revenue fund expenditures are projected at $7,933,300, which is a 10% percent increase from 2002. He stated that the gap between requested expenditures and projected revenues is $362,100. City Administrator Pat Klaers reviewed the positions requested in the budget and asked the Council to consider which positions are priority as it will be impossible to fund all of the requests. The City Council also reviewed the requested expenditures for equipment and some possible changes and deletions to the requests. It was the consensus of the Council to discuss the budget in more in detail at the August 26 Council meeting. 6. Other Business School Facility Use Policy. The City Administrator indicated that the school is changing its facility use policy to state that any facility charging the school rent will in turn get charged rent by the school for use of their facilities. Councilmember Dietz requested information regarding school use of city facilities and what the school is being charged. 7. Staff Updates There were no staff updates 8. Adjournment There being no further business, Mayor Klinzing adjourned the meeting of the Elk River City Council at 10:42 p.m. s4/ cZ. Sandra Peine City Clerk