12-13-2011 - Laserfiche WebLink

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December 13, 2011 Mark Ruff, representing Ehlers Financial explained this item is an administrative modification; reallocating budget line items in order to fit the categories set by the State Auditors Office. Councilmember Bauman noted that Mr. Ruff attended the priorwodksession, and thanked burn for answering the Council's questions. Motion by Councilmember Phillips, seconded by Councilmember Bauman to approve the resolution authorizing modification to TIF budgets for TIF districts 5, 7,10,11,12 and 20. 5 Ayes, 0 Nays - Motion Carried 2. Consideration ofResolution Adopting the Final 2012 Tax Levy. Report No. 11 -345 City Manager Lotter explained that the Finance Director was unable to attend the meeting. Mr. Lotter reported the total levy for 2012 is $7,287,308 a reduction fiom the certified levy of $7,395,000. Councilmember Phillips reported that the City Council chose to reduce the levy to slightly mitigate the impact created by the change in the State's Market Value Homestead Credit. Motion By Councilmember Phillips, Seconded By Councilmember Bauman to waive the reading and adopt the resolution approving the Final 2012 Property Tax Levy in the amount of $7,287,308. 5 Ayes, 0 Nays - Motion Carried 3. Consideration of Resolution Adopting the Final 2012 Budgets. Report No. 11-346. City Manager Lotter reported that the 2012 total operating budget is $12,423,100, noting spending overall has decreased since 2009. Councilmember Phillips suggested amending the resolution to add the following paragraph: Whereas the fleet non fleet replacement debts remains out of balance by at least $108,000, after dedication of $172,000 ofnew revenues, that with the adopting of this budget, the fleet non fleet purchases for 2012 will be reduced by $400,000 for items chosen by the City Manager, until the time the City Manager returns a balanced purchased plan for fleet non fleet accounts. Motion by Councilmember Phillips, seconded by Councilmember Bauman to approve the resolution as amended. Councilmember Samuelson asked for further clarification Counciltnernber Philips stated the intent is to defer certain purchases, at the City Managers discretion. City Manager Lotter stated there will be a need to adjust certain plans, noting based on forecasting in 2014, there could be a potential shortfall. City Manager Lotter noted that the process in place does address 'discretion in replacing fleet non fleet items. Councilmernber Phillips clarified that the amendment would assist with getting the fleet non fleet fund in balance for future budgets. Page 4 of 7 None Council Business 1. Con daution of Purposed TIF Plan Budget Mod scali«n ReputNo. 11-348. 2 Consldaationof Resolution Adoptmgft FM 2012 Tax Lew_ . RepoftNo.11-345 3. Comderarton of ResolufionAdoptingthe Final 2012 Budgets ReponNo. 11-346.