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<br /> <br /> <br /> <br />Council Worksession <br />August 23, 2022 <br />5:00 pm <br /> <br /> <br /> <br />Present: Mayor Kari Niedfeldt-Thomas <br /> Councilmember Abdullahi Abdulle <br />Councilmember Graeme Allen <br />Councilmember Emily Dunsworth <br /> <br />Absent: Councilmember Pam Axberg <br /> <br />Staff in Attendance: Devin Massopust, Gina Foschi, Craig Schlichting, Jennifer Fink, Tony Paetznick <br /> <br />Guests in Attendance: <br /> <br />CIP Overview Discussion <br /> <br />Massopust reported staff would be presenting the draft CIP for 2023 to 2032 to the Council. <br /> <br />Foschi presented the 2023 to 2032 draft Capital Improvement Plan (CIP) to the Council and commented on the <br />benefits of having this type of plan in place for future capital planning purposes. The timeline of the CIP was <br />reviewed along with the budget planning process. She commented further on the major purchases for the next <br />ten years and asked for comments or questions from the Council. <br /> <br />Discussion ensued regarding how inflation would impact the CIP and General Fund forecasted levies. <br /> <br />Mayor Niedfeldt-Thomas requested further information on the proposed increases for 2024. Foschi explained <br />this was due to adding the Assistant City Manager position while also adding a second police officer to the <br />budget. Massopust noted there was also a debt issuance in 2024. <br /> <br />Mayor Niedfeldt-Thomas commented the Council would need to be thinking about alternate funding options to <br />assist with the levy increase in 2024 and 2025. <br /> <br />Councilmember Allen discussed how the City’s tax rate has been increasing which would help with covering <br />these increases. <br /> <br />Councilmember Dunsworth thanked staff for their efforts on the CIP and reiterated that the CIP was an <br />estimate for financial planning purposes. She reported the numbers for 2024 were alarming and she was glad <br />the Council had this information so they could prepare for the proposed expenditures and inflation. <br />