HomeMy WebLinkAbout2006-05-02 Council Work Session MINUTES
OF THE WORK SESSION
OF THE EDINA CITY COUNCIL
HELD TUESDAY,MAY 2,2006
AT 6:00 P.M.
Mayor Hovland called the meeting to order at 6:00 P.M. in Community Room of Edina City Hall.
Answering rollcall were the following members of the City Council: Hulbert,Masica,Swenson and Mayor
Hovland. Staff present included: Gordon Hughes, City Manager, John Wallin, Finance Director, Eric
Roggeman, Assistant Finance Director, Jennifer Bennerotte, Communications and Marketing Director and
Debra Mangen,City Clerk.
Manager Hughes explained the City ended 2005 with revenues over budget by approximately$1,475,000.
He said the majority of the 2005 excess revenue came from building permits and ambulance services. Mr.
Hughes referred to the Finance Department memorandum that gave a more in depth explanation of the
2005 excess revenues. He noted the Finance Department recommended the majority of the 2005 revenue
be allotted to the Construction Fund for the purpose of enhancing the sustainability of the City's Capital
Improvement Program. Mr. Hughes supported the recommendation. Mr. Hughes also pointed out other
options available to the Council including using a portion of the surplus to reduce the 2007 taxes. He gave
background on where excess revenues have been designated in past years.
The Council discussed various uses of the 2005 excess levy. Their consensus was to retain approximately
$1,000,000 in the General Fund to be allocated during the 2007 Budget discussion and to follow the staff
recommendations for the remaining designations as detailed below:
Parkland Dedication Fund $ 11,374
Reserve for Commitments ($23,020)used for RPC activities
($20,000)used for Lewis Park blacktop
$21,264 reserved for Public Art Committee
$ 7,412 reserved for election carryover
($48,829)used for equipment replacement
Employee Separation $100,000 to cover employee separation
Public Works Commodities/
Projects $100,000 for portion of resurfacing St. Louis Park
border streets
Fuel/Heat/Light $150,000 for budget overruns
Traffic Studies/
Other Contingencies $100,000 unbudgeted traffic studies,etc.
Liquor Fund Transfer $686,000 support of Capital Improvement Program
Reserve for General Fund
Operations $949,977 for cash flow and future budget or other
considerations
Respectfully submitted,
Debra an en,Cio Clerk