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HomeMy WebLinkAboutCity Council - 07/26/2005 - Workshop APPROVED MINUTES EDEN PRAIRIE CITY COUNCIL WORKSHOP TUESDAY,JULY 26, 2005 CITY CENTER 5:00 PM, HERITAGE ROOM II CITY COUNCIL: Mayor Nancy Tyra-Lukens, Councilmembers Brad Aho, Sherry Butcher, Ron Case, and Philip Young CITY STAFF: City Manager Scott Neal, Police Chief Dan Carlson, Fire Chief George Esbensen, Public Works Director Eugene Dietz, Parks and Recreation Director Bob Lambert, Community Development Director Janet Jeremiah, Finance Manager Sue Kotchevar, City Assessor Steve Sinell and Recorder Lorene McWaters Councilmember Butcher was not present. I. 2006 BUDGET City Manager Scott Neal presented a PowerPoint on the 2006-2007 budget, including the status of the draft budget. The August 16 Workshop will include further budget discussions as well as presentation of the draft CIP. Council will be asked to certify the preliminary tax levy at the September 6 Council meeting. Staff will finalize the budget this fall; the truth-in-taxation hearing will be held December 5; and Council will certify the levy and adopt the final budget on December 20. Neal reviewed tax levy history,budget history, and population changes. Tax legislation impacting the 2006/2007 budget includes: No levy limits Market Value Homestead Credit is not being funded for 2005 and 2006 Increases in PERA contributions for Coordinated and Police and Fire Plans Based on input from Department Directors, the draft budget for 2006 includes $31,845,000 in revenues and $34,082,000 in expenditures, with a $2,237,000 shortfall. For 2007, revenues are projected at $32,870,000 and expenditures at$34,847,000, resulting in a difference of$1,977,000. Neal said staff is working on closing the gaps by identifying which items reflect increases in costs, which reflect higher services levels, and which are the result of new services. By the August 16 workshop, staff will have a clearer idea of what is needed to maintain current service levels. General fund revenues are expected to increase by 4.4 percent from 2005 to 2006. Councilmembers Young and Aho noted the 20 percent projected increase in fines and penalties, which they said seems high. Kotchevar said this number is based on information provided by the Police Department, and it is based on past experience. Chief CITY COUNCIL WORKSHOP MINUTES July 26, 2005 Page 2 Carlson said his department has increased traffic enforcement efforts significantly over the past several years; however,he stressed that the City does not have "quotas" for writing tickets. General fund expenditures are expected to increase by about 11.5 percent from 2005 to 2006. The largest increase in expenditures is for the Office of the City Manager. Neal said about $1 million of this increase is for Facilities projects. This reflects an increase in a service level, and some of these projects may be transferred to the CIP budget. From 2006 to 2007, staff projects a 3.2 percent increase in general fund revenues and an increase in expenditures of 2.2 percent. Councilmember Aho asked how much of the tax levy increase represents growth in population and the tax base. He asked to see the numbers without the referendum. Sinell explained that the property tax levy is the driver of the tax rate. Staff calculates what we need to run the City, and then staff calculates the tax impact on the average taxpayer. Staff projects taxable value increases of 8.9 percent for residential, 2.2 for apartments, and 5 percent for apartments from 2004/05 to 2005/06. From 2005/06 to 2006/07 increases are estimated at 7 percent for residential, 5 percent for apartments, and 5.5 percent for commercial. Tax increases for 2006 are estimated to be 9.3 percent for residential, .65 percent for apartments, and 3.6 percent for commercial. Increases from 2006 to 2007 are projected to be about 4.2 percent for residential, 1.6 percent for apartments, and 2.2 percent for commercial. Mayor Tyra-Lukens asked how these numbers were calculated. City Assessor Steve Sinell said the estimates are based on new construction and market activity. Sinell also noted this is the first time staff has projected tax impacts and value increases out two years, so there is more guess work involved. IV. ADJOURNMENT