2020.01.14 CC Packet - Laserfiche WebLink

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December 10, 2019 Page 5 of 9 recommended budget and tax levy would get the City running in a more efficient and advantageous manner. With all that being said, she believed the proposed budget was the best option for the City. Mayor Johnson commented on the actual dollars New Brighton would be taking to the bank. She discussed the revenues collected per capita for New Brighton compared to neighboring cities. She indicated New Brighton was on the low end for its proposed levy while still providing award wining services for its residents. She was of the opinion the City spent its resources thoughtfully. She did not take it lightly the City was increasing the levy by 9%. She stated she was proud of the fact the City was working to achieve debt free streets by 2025. She commented further on the great decisions the Council was making to strengthen the City financially. She explained she supported the proposed budget and taxy levy because it was good for New Brighton. Councilmember Jacobsen noted $125,000 of the budget increase was due to health care increases. This was a massive change for one budget line item. He stated he was proud of the fact LGA had been removed from the budget and was being used to assist the City in achieving debt free streets. He commented the budget does not have any new initiatives planned for 2020 except for the passport office. He explained the Council was making really tough decisions to get the City on a firm financial foundation. He understood the budget was more, but he believed it was a sensible more. Councilmember Allen discussed the ways staff has brought forward ideas to save money or generate more money in the long-term. He indicated this included debt free streets, the license bureau, passport center, the billboards, grant opportunities, solar panels, TIF developments, and renovation of the Eagles Nest. Councilmember Burg commented further on how TIF districts were benefitting the City long-term. Motion by Councilmember Allen, seconded by Councilmember Burg to adopt a Resolution approving the Final 2020 Property Tax Levy. 5 Ayes, 0 Nays-Motion Carried 2. Consider Resolution Adopting the Final 2020 Budgets and 2020-2028 CIP. Acting City Manager Massopust indicated Finance Director Davitt would be presenting this item to the Council. Finance Director Davitt explained the City’s General Operating Fund Budget for 2020 is $18,393,500, which represents an additional investment of $1,510,300 from the adopted 2019 budget, of which is the inclusion of $340,800 from the Brightwood Hills Golf Course, as it no longer is presented as a special revenue fund. The enterprise funds include Water, Sewer, Stormwater, and Street Lighting. The internal service funds include Risk Management, Information Technology, Fleet Replacement, Nonfleet Replacement, and Pavement Management. The total for the City’s enterprise and internal service funds’ 2020 budgets is $14,550,700. The total for the 2020-2029 CIP is $81,377,400. Motion by Councilmember Jacobsen, seconded by Councilmember Burg to adopt a Resolution approving the Final 2020 Budgets and 2020-2029 Capital Improvement Plan (CIP). 5 Ayes, 0 Nays-Motion Carried 3. Consider Resolution Adopting the Final 2020 Tax Levy for Lake Diane and Bicentennial Pond Storm Sewer Taxing Districts. Acting City Manager Massopust indicated Finance Director Davitt would be presenting this item to the Council. Finance Director Davitt 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 2. Consider Resolution Adopting the Final 2020 Budgets and 2020-2028 CIP. 3. Consider Resolution Adopting the Final 2020 Tax Levy for Lake Diane and Bicentennial Pond Storm Sewer Taxing Districts