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W <br />0 1 <br />BLOW M <br />We di , that w?rks kw yrkr <br />Memo <br />To: Mayor and Council of New Brighton <br />From: Dean R. Lotter, City Manager <br />Subject: Draft Budget 2010 <br />Date: August 25, 2009 <br />Please bring your budget books to the meeting. <br />August 11, 2009 Direction Recap <br />In presenting the budget levy scenarios at the last meeting, I kept two Council parameters <br />in mind; 1) budget solutions need to take 2009 and 2010 fiscal years into consideration — <br />frequently referred to as the two year framework and 2) use of the Fund Balance Target <br />Surplus (FBTS) used to offset loss of building permit revenues. After a discussion of the <br />three tax levy scenario's at the August 11, 2009 budget worksession, the entire Council <br />agreed that scenario number 1 (7.53% tax levy) was not acceptable. Council discussed <br />options ranging from a little above scenario 2 (2.02% tax levy) to a little below scenario <br />2. The discussion further evolved into a discussion on service levels and the impacts on <br />services resulting from a given tax levy scenario. Since the August 11, 2009 meeting, <br />Finance Director Maiers attended a meeting with hosted by Ramsey County regarding <br />updated tax capacity figures and property values. Using this new information, finance <br />staff calculated new scenario impact figures for Council's consideration. That <br />information is contained in this memo and can be compared with the information shared <br />at the August 11, 2009 meeting. The service discussions focused on three departments; <br />parks and recreation, public safety and public works. I asked the department heads from <br />these departments to write memos discussing the functions each of these positions <br />perform. That information is included in this memo as well. <br />Two Year Framework <br />At the regular meeting held on August 11, 2009, Council approved a series of <br />amendments to the revenue and expenditure line -items throughout the general fund that <br />resulted in over $300,000 in cuts. Large reductions in the revenues were made as a result <br />of LGA and MVHC reductions. <br />H:\Dean\Budget 2010 August 25 2009 Discussiun.doc <br />