HomeMy WebLinkAboutCity Council - 05/20/2014 - Workshop APPROVED MINUTES
CITY COUNCIL WORKSHOP & OPEN PODIUM
TUESDAY, MAY 20, 2014 CITY CENTER
5:00—6:25 PM, HERITAGE ROOMS
6:30—7:00 PM, COUNCIL CHAMBER
CITY COUNCIL: Mayor Nancy Tyra-Lukens, Council Members Brad Aho, Sherry Butcher
Wickstrom, Kathy Nelson, and Ron Case
CITY STAFF: City Manager Rick Getschow, Police Chief Rob Reynolds, Fire Chief George
Esbensen, Public Works Director Robert Ellis, Community Development Director Janet Jeremiah,
Parks and Recreation Director Jay Lotthammer, Communications Manager Joyce Lorenz, City
Attorney Ric Rosow, and Recorder Lorene McWaters
Council Member Case was absent.
I. 2013 COMPREHENSIVE ANNUAL FINANCIAL REPORT/AUDIT
In accordance with state statutes,the comprehensive annual financial report(CAFR) is
prepared by the Finance Division and is reviewed by the independent auditing firm of Kern,
Dewenter, Viere, Ltd. (KDV). KDV issued an unmodified opinion of the 2013 CAFR. This
is the highest level of opinion the City can receive and means the auditor believes the
financial statements are fairly presented in all material respects. Steve Wischmann,partner in
KDV, made a presentation on the financial report.
There were approximately $41.8 million in general fund revenues in 2013, which was $3.9
million over budget. Taxes and assessments came in as budgeted;however, licenses and
permits came in at$5.8 million actual vs. $2.8 million budgeted.
General fund expenditures were at$39.4 million with police and administration coming in
slightly under budget and parks and recreation coming in slightly over budget. Wischmann
said expenditures were just$163,000 over budget,which is an excellent rate of variance.
Wischmann said general fund operations have posted consistent results over the past five
years. The unassigned fund balance is at the target amount of about 50 percent of next year's
expenditures.
The tax capacity rate for Eden Prairie is just under 35%, which Wischmann noted is
significantly lower than the state and the seven-county metro area.
The liquor fund posted the highest operating income($1,090,269) of the past five years,
which represents 26.9 percent in gross profit. Wischmann also reviewed performance of the
other enterprise funds (water, sewer and stormwater drainage). Council Members asked about
the trend of increasing water fund operating losses.
City Council Workshop Minutes
May 20, 2014
Page 2
II. COUNCIL GOALS
Getschow provided an update on the draft goals from the April 8 Council Goal Setting
Workshop. Based on Council input, one goal—economic vitality—has been added to the list,
and the definitions have been reworked as follows:
• Community Well-Being & Safety—We provide unique and diverse opportunities for the
community to live well. We protect and serve our community by delivering exceptional
and community engaging public safety services.
• High Quality Services —We deliver cost-effective, efficient and responsive services to
residents and the public.
• Preserved and Beautiful Environment—We establish objectives and strategies that
support upholding the natural beauty, physical development and history of the
community.
• Sense of Community—We promote a sense of community by providing recreational
amenities, programming and events tailored to a diverse population. We focus on
inclusive and collaborative engagement activities.
• Innovative and Sustainable Practices —We implement forward-thinking, progressive and
environmentally conscious initiatives that benefit the community.
• Economic Vitality—We enhance the quality of life in Eden Prairie by sustaining a
diverse and prosperous economic base while supporting business growth and
development.
III. OPEN PODIUM
IV. ADJOURNMENT