5.0. SR 08-07-2000 - Laserfiche WebLink

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Eity of FROM: MEMORAN Item #5. Mayor & Pat Klae DATE: August 1 SUBJECT: 2001 Bu~ The first City Council worksession on the Monday, August 7, 2000, in the Training begin at 6 p.m. in the Council Chambers public hearing, and then we will recess tc worksession. At this budget worksession, City Council is needed in order for staff t( proposal for the next worksession on Mon. maximum city levy must be approved by county no later than Friday, September 1, The agenda for the budget worksession lo. · Overview · 2001proposed revenues · 2001 proposed expenditures · Special levy and special revenm · Budget gap and tax levy resolut · Miscellaneous financial issues The city budget is a large, detailed docu~ the comments brief and concentrate on th elaborate on budget issues at the workse~, OVERVIEW The city budget issues in 2001 are simila: few years and the challenge is how the cil DUM City Council rs, City Ad~i~tra~tor get 2001 budget is scheduled for {oom. Actually the meeting will )r the Western Area Phase IV the Training Room for the ?eedback and direction from the put together a realistic draft iay, August 28, 2000. The proposed he City Council and certified to the ~, 2000. Iks something like the following: budgets .on ent. In this memo I will try to keep e highlights and then staff can sion. to what we have faced in the past y can finance increased demands for services. The budget issues for 2001 i~clude how the city can finance additional personnel, capital outlay item~, and additional services/programs. As in past years, there is a gap between ~vailable revenues and requested expenditures from the department headst This year the problem is worse than before as the initial expenditure requests are higher than in past years and initial revenue projections are lower ~han in past years. 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 5533© · TDD & Phone: (612) 441-7420 · Fax: (612) 441-7425