2007-07-311
The City Council of Mound, Hennepin County, Minnesota, met in special session
on Tuesday, July 31, 2007, at 6:30 p.m. in the council chambers of city hall.
MOUND CITY COUNCIL MINUTES
JULY 31, 2007
Members present: Mayor Mark Hanus; Councilmembers Mike Specht, John
Beise and Greg Skinner.
Members absent: Councilmember David Osmek.
Others present: City Manager Kandis Hanson, City Clerk Bonnie Ritter,
Community Development Director Sarah Smith, Public Works Director Carlton
Moore, Parks Superintendent Jim Fackler, Liquor Store Manager John Colotti,
Police Chief Jim Kurtz, Fire Chief Greg Pederson, Finance Director Gino
Businaro
1. Call meeting to order
Mayor Hanus called the meeting to order at 6:35 p.m.
2. Introduction of 2008 budget process by City Manager
Kandis Hanson reviewed the budget process and what has taken place up to this
time and stated that she understands the objective of tonight's meeting is to have
the Council lay out target figures for the total levy, tax rate and fund balance.
3. Presentation of 2008 budget worksheets by Finance Director
Gino Businaro reviewed two scenarios. Scenario 1 is with no levy increase and
an unbalanced budget and Scenario 2 sets the General Fund Levy at a level
equal to the amount necessary to achieve a balanced budget and therefore
maintain the fund balance.
4. Discussion/preferences for levv increase and fund balance
In Osmek's absence, a memo was read that he sent to indicate his thoughts on
targets for the 2008 budget. He stated he will support a 4% levy increase, plus
the related increase for any Contract for Services that is negotiated with the
Gillespie Center.
Beise stated that with the bare bones numbers for 2007, the city tax rate was
36.409 and would like to maintain that for 2008, and that maintaining that may
result in an increase to tax payers, based on the valuation of their property. He
doesn't want the fund balance to go below where it is today.
Skinner stated that he would be comfortable with 10% levy increase and about a
37% city tax rate.
Mound City Council Minutes -July 31, 2007
Specht indicated that he would like to see the city tax rate stay flat at 36.409, and
would support a 9% or less levy, with a 20%-25% fund balance.
Hanus stated that he is looking at a 5% - 5 '/s% levy, and is alright with a 20%
fund balance. The tax rate is hard to estimate now because not having firm
numbers from the county.
5. Adiourn
MOTION by Specht, seconded by Beise to adjourn at 8:11 p.m. All voted in
favor. Motion carried.
Attest: Bonnie Ritter, City Clerk
Mayor Mark Hanus