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HomeMy WebLinkAbout08-24-09 WSIn attendance: Staff: The meeting was called to order at 6:00 pm. Minutes Lakeville City Council Work Session August 24, 2009 Mayor Holly Dahl Council Member Mark Bellows Council Member Laurie Rieb Council Member Kerrin Swecker Council Member Kevin Miller Steve Mielke, City Administrator Dennis Feller, Finance Director Judi Hawkins, Deputy City Clerk ITEM #1 Presentation of proposed budget and tax levy City Administrator Steve Mielke introduced the agenda items. Budgeting has become a year- long activity for cities, and staff has been working hard to balance the budget for 2009 and put together a 2010 budget, following direction received from Council in April. For the 2010 budget, staff requests for expenditures were $1.6 million more than projected revenues. These requests have been trimmed and a preliminary budget prepared for Council review and adoption. The preliminary budget being proposed represents the maximum budget and the maximum tax levy that the Council can adopt in December. Staff will also be asking for Council's direction on some new revenue initiatives. August 31st has been set aside for an additional budget work session if needed; September 14t has been reserved for a special Council meeting to adopt the preliminary budget and tax levy. Finance Director Dennis Feller provided the Council with an historical perspective of what has transpired in the economy during the last several months. Beginning in May 2008 the economy was starting to show signs of weakening. About that time the proposal for the transit service expansion was brought forward and Council agreed to the extra tax of $743,000 by Metro Transit on the condition that the City taxes would go down proportionally. There was a $370,000 tax reduction in 2009, which was offset with State Aid Street Funds, and in 2010 there will be a $373,000 tax reduction. In September, due to the slowdown in the economy, the City entered into a number of budget reductions including the elimination of 8.5 positions. As the economy continued to deteriorate, Governor Pawlenty unallotted the remainder of Lakeville's 2009 Market Value Homestead Credit (MVHC) of $305,000. In April, Lakeville was one of the first cities to go through budget reductions and cut $1.4 million, from several different areas of the budget. Because the legislature was faced with such an enormous deficit, City staff was confident that the loss of MVHC would be inevitable. City of Lakeville Council Work Session August 24, 2009 Page -2- A $1.4 million decrease in revenues can be attributed to tax delinquencies, reduction in building permits and development fees, and diminished interest on investments. In April 2009 there were an additional 9.4 full -time positions eliminated and two positions which had hours reduced. In addition, furloughs were implemented as well as management fees for Lakeville arenas, reduced community development marketing endeavors, reduction in the number of ice rinks, reduced contract mowing of parks, and elimination of major maintenance projects. Snow plowing of trails was also reduced. Tax levies from the Benefit Accrual Fund have been re- appropriated to the General Fund. In June 2009 Governor Pawlenty unalloted all of Lakeville's 2009 MVHC ($630,000). The three elements that have the highest impact on the City's 2010 budget: the economy, the State of Minnesota laws and policies, and City initiatives. Economy: The State depends on income tax and sales tax as its main revenue sources. The current unemployment rate is nearly 9% and retail sales are slow, which have a great impact on the State's budget and indirectly on the City's budget through the MVHC. The City's general fund is highly dependent on development fees and the issuance of building permits, which finance Inspections, Engineering and Community Development Departments. When growth resumes, the State levy limit laws will come into play which restrict the City's ability to increase the levy limit base to only half the growth which will cause the debt to compound and make it increasingly difficult to serve the existing residents. Residential property values have dropped and commercial/ industrial markets have increased, causing the tax burden to shift to commercial /industrial property. Interest rates remain flat, resulting in low return on the City's investments. State of Minnesota: The state governs the ability of the City to tax and dictates the property value for the MVHC. For six of the last eight years the City has lost most or all of their MVHC. Mr. Feller predicts the MVHC will not be reinstated for at least four more years unless there is a significant improvement in income tax and sales tax collections. Council has a one -time opportunity through 2011 to levy back for the loss of MVHC from 2008 and 2009. Transportation has been one of the largest City initiatives. Major costs have included the Metro Transit levy of $370,000 in 2009 and an additional $373,000 in 2010, and the completion of I -35 /County Road 70 project. The City of Lakeville is working with Dakota County on other BRT and transit improvement projects. Council has three basic areas from which to make policy decisions to balance the budget: taxes, user fees, or services. Policy decisions to increase or decrease each area have an impact on the other areas. The largest category of the budget is the General Fund which includes: Public Safety ($9.5M), General Government ($4.5M), Parks and Recreation ($3.2M), and Public Works ($3M). Personnel costs are the largest expenditures, making up about 65% of the budget. City of Lakeville Council Work Session August 24, 2009 Page -3- There are no wage increases proposed for the coming year with the exception of step increases. Depending on Council's direction, conversations will need to be held with employees and unions regarding wage freezes and COLA. Mr. Feller highlighted several trends and major elements within each of the budget categories. Revenue from property taxes represents about $16M of the 2010 budget. Other revenues are licenses and permits, intergovernmental revenues, charges for services, court fines and interest income. New franchise fees for gas and electric companies are being proposed as a funding mechanism that will generate a reliable and steady source of revenue. Growth of this revenue would be proportionate with the population growth. Three of the four energy companies already have contracts with the city which allow for franchise fees. The remaining company's contract will be renegotiated to provide for a franchise fee. Council Member Swecker asked about a franchise fee structure. Mr. Feller stated that it had yet to be determined. It would probably be mid -year of 2010 before the fee could be implemented. Mr. Mielke added that there were some assumptions being made regarding projected revenues from these proposed fees. A flat fee per meter across all classes seems to be an equitable fee structure. The overall tax base is $65M which is a decrease of $2.7M from 2009 as a result of residential market conditions. On the average residential home valued at $250K there will be an estimated decrease in City taxes of .4 This is the second consecutive year that residential properties have had a decrease in City taxes. Mr. Feller described the calculation of the Market Value Homestead Credit reduction and the shift in the tax burden. The total proposed levy is $24,214,743, an increase of 2.9 Mr. Feller detailed the distribution breakdown and proposed increases /decreases. The maximum tax levy which would be allowed under state law would be $25,162,743. Once the preliminary tax levy has been set, Council has the ability to adopt a final levy amount that is equal to or less than that amount but not greater. Mr. Mielke stated that the goal of the budget is to try to preserve the level of services at what was set in April 2009. Preserving the current jobs will allow the level of service to also be preserved. The proposed budget does not cut nor add services. Council Member Bellows expressed his appreciation for the time spent on this budget and suggested that more than one work session might be needed. He is interested in meeting with Chamber members to get their input. Council Member Miller asked when staff expected to begin working with the labor unions. Mr. Mielke stated that they will be letting the unions know that they are interested in discussions with them. Council Member Miller asked if there was a prioritized list of public services which could be cut if funding is unavailable. Mr. Mielke stated that Council would have discussions regarding prioritization between now and December. Council Member Miller asked if the Parks and Recreation Department is considering establishing user fees for youth sports teams. Major components which were cut in 2009 in order to balance the budget have been put back in for 2010, including seal coating and major trail repairs. City of Lakeville Council Work Session August 24, 2009 Page -4- Miller asked how the budget is determined for such variables as salt, fuel and the severity of the winter. Feller stated that stable prices are assumed through the end of this year, and a 10% increase is built into next year. Council Members discussed the energy company franchise fees and the process of public hearings, negotiation of an agreement, and approval of an ordinance that needs to be followed. There is some risk in assuming the revenues will be there, as it is not a guarantee. Council Members felt the franchise fees are worthy of further study. Bellows suggested budget work sessions be held with the department directors to get a clear view of possible fee increases and where services might be cut if necessary. As Council members study the budget documents they can make recommendations based on what they feel are essential services vs. quality of life. Council members felt the information they had been provided was sufficient to move forward with the preliminary budget with a tax levy ceiling of 2.9 ITEM #2 Capital Improvement Program: 2009 2014 Finance Director Dennis Feller provided an overview of the five -year Capital Improvement Program and highlighted proposed CIP expenditures. Staff has re- evaluated and prioritized equipment replacements, etc. The CIP includes a 3% increase over the previous year for street reconstruction projects and pavement management. WSB Engineering is studying pavement conditions in the entire city to determine where repairs and reclamations will be necessary and what those costs might be in the foreseeable future. For those projects 40% is assessed to the property owner and 60% is paid for by taxes. Two major street reconstruction projects that are included are the I -35 /CR 70 and the Dodd Blvd. /185t Street to Hayes project. City Engineer Keith Nelson described the projects and the recommended funding sources. For the Dodd Blvd. project Council can choose to issue bonds, delay the project until it's known whether the federal grant funds are available, or pay for the project with MSA funds in 2013. Stimulus grant funds will be used for the Highview /Holyoke Avenue project which will be bid for 2010 construction. ITEM #3 Meeting schedule to approve budget and tax levy A time line of work sessions, public presentations, and Council meetings was discussed which would facilitate adoption of the final budget on December 21, 2009. Council directed staff to schedule a meeting for September 14 to consider adoption of the preliminary budget. Council asked staff to explore various franchise fee options and provide the information to Council prior to the September 14t special meeting. Council also asked that all departments' budgets be reviewed for possible reductions and /or fee increases. At their September 14, 2009 meeting Council will: City of Lakeville Council Work Session August 24, 2009 Page 1) adopt the Preliminary Budget; 2) set the Tax Levy; and 3) set the date for the Truth in Taxation hearing. Following that meeting, the Planning Commission will hold a public hearing at their September 17, 2009 meeting and refer the budget back to Council for final adoption. ITEM #4 Other There was no other business. ITEM #5 Adjourn The meeting adjourned at 9:10 pm. Respectfully submitted,