8.0. SR 09-09-1996 - Laserfiche WebLink

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Mayor and City Council Budget Memo September 4, 1996 4 · A motion approving the general city tax levy resolution (this resolution also approves the proposed maximum budget) · A motion calling for the city truth in taxation public hearing on the tax levy and budget for December 2, 1996, with a continuation date of December 9, 1996. During the budget process, the council always reviews a number of non-general fund budgets and programs. The revenues for a number of these budgets are incorporated into the tax levy resolution. The revenues for the library budget, special assessments, equipment certificates and the surface water management (SWM) program are part of the tax levy resolution. The library budget and special assessment budget were distributed at the last worksession. The equipment certificate amount is identified in the capital outlay page that was distributed with the 8/26/96 budget memo. The SWM levy is established at 2.25% of the NTC. The currently proposed levy amount that is in the levy resolution is consistent with this past City Council direction. The city will need to discuss status of the SWM program, but this can be done at a future meeting. The other non-general fund programs include the EDA and HRA budgets (distributed on 8/26/96), the equipment reserve budget (also outlined on the capital outlay page), the landfill budget and the ice arena budget. The ice arena information was distributed at the 8/26/96 meeting and this information came directly from the adjusted Marquette study as previously accepted by the City Council. The landfill budget is very straight forward, contains about 13% of the Building/Zoning Administrator's time and is decreasing for 1997. The equipment reserve, landfill and ice arena programs do not have any impact on the city tax levy. At the end of the budget review, and as time allows, I would like to review with the City Council the status of some additional capital improvement program items that have been moving forward this summer. Many of these items were discussed in my 8/5/96 memo that was previously distributed. My current concerns include the funding of the recreation fields project and the city contribution to the ice arena project. Attachments: · Source of Funds (note the LGA decrease for TIF loss and the corresponding transfer in for municipal services) · Appropriations Summary (same document as reviewed on 8/26/96) · Capital Outlay Page (same document as reviewed on 8/26/96) · 1997 Tax Levy Resolution (same general fund amount as discussed on 8/26/96) · Sanitary Landfill Project s:Xcouncilkbudmm829.doc