2017.12.12 CC Minutes - Laserfiche WebLink

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December 12, 2017 City Manager Lotter indicated Finance Director Davitt would be presenting this item to the Council. Finance Director Davitt explained the City's General Operating Fund Budget for 2018 is $15,886,170, which represents an additional investment of $779,570 from the adopted 2017 budget. The City's special revenue fund includes the golf course. The enterprise funds include: Water, Sewer, Stormwater, and Street Lighting. The internal service funds include: Risk Management, Information Technology, Fleet Replacement, Non -Fleet Replacement, and Pavement Management. The total for the City's special revenue, enterprise and internal service funds' 2018 budgets is $13,349,640. She reviewed the CIP in detail with the Council and noted the total for the 2018-2027 CIP is $83,866,859. Councilmember Bauman stated she supported the CII' as proposed but would not be offering her support to this item because she did not approve of the budget. 4 Ayes, I Nay (Bauman opposed) Motion Carried 3. Consider Resolution Adopting the Final 2018 Tax Levy for Lake Diane and Bicentennial Pond Storm Sewer Taxing Districts. Motion by Councilmember Burg, seconded by Councilmember Jacobsen to Approve a Resolution Adopting the Final Tax Levies for Taxes Payable in 2018 for Lake Diane and Bicentennial Pond Storm Sewer Improvement Taxing Districts. City Manager Lotter explained the City has established Storm Sewer Improvement Taxing Districts within the City for Lake Diane and Bicentennial Pond. A Storm Sewer Improvement Taxing District is an area within the territorial limits of a municipality. The municipality may acquire, construct, maintain, and otherwise improve storm sewer systems and related facilities within the district for the benefit of the district. The Public Works Department works with the residents of each district to determine specific projects and courses of action. The costs involved are recovered by levying tax on all taxable properties within the district. It was noted the City has adopted similar tax levies for both districts for a number of years. 5 Ayes, 0 Nays -Motion Carried 4. Consider Resolution Establishing the Utility Rates and Charges for 2018 Motion by Councilmember Strub, seconded by Mayor Johnson to adopt a Resolution Establishing the 2018 Utility Rates and Charges. City Manager Lotter indicated Finance Director Davitt and Community Assets and Development Director Schlichting would be presenting this item to the Council. Finance Director Davitt reported an analysis of the City's water, sewer, stormwater and street lights enterprise operations and their respective capital improvement plans has been completed. The focus of the analysis is to ensure the determination of revenues, expenses and net income is appropriate for operations, capital maintenance and replacement. The financial model has been updated with the recommended 2018 budgets for the Water, Sewer, Stormwater, and Street Light Funds, as well as the projected results for 2017. Finance Director Davitt explained water and sewer charges are based upon water usage, while stormwater and street lights are flat charge. Water consumption is metered and is read quarterly. Residential sewer charges are baled upon the customer's water consumption during their "winter quarter". The quarterly sewer charges are then "fixed" for the summer months and adjusted again the next year based on the next "winter quarter". She stated water and sewer have a "flat rate" component built into the charges. The flat rate is established to pay for the fixed costs of delivering both water and sewer services to the property regardless of the Page 7 of 10 3. Consider Resolution Adopting the Final 2018 Tax Levy for Lake Diane and Bicentennial Pond Stonn Sewer Taxing Districts. 4. Consider Resolution Establishing the Utility Rates and Charges for 2018.