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HomeMy WebLinkAbout2016-05-03 City Council Work Session Minutes MINUTES OF THE WORK SESSION OF THE EDINA CITY COUNCIL HELD AT CITY HALL MAY 3, 2016 5:33 P.M. Mayor Pro Tem Swenson called the work session of the Edina City Council to order 5:33 p.m. ROLL CALL Answering rollcall was: Members Staunton, Stewart, and Mayor Pro Tem Swenson. Mayor Hovland entered the meeting at 5:35 p.m. Member Brindle was absent. Edina City Staff attending the meeting: Jennifer Bennerotte, Communications & Technology Services Director; Ross Bintner, Environmental Engineer; Ann Kattreh, Park & Recreation Director; Debra Mangen, City Clerk; Mark Nolan, Transportation Planner; Brian Olson, Public Works Director; Eric Roggeman, Finance Director; Kyle Sawyer, Assistant Finance Director; Lisa Schaefer, Assistant City Manager; Carter Schulze, Assistant City Engineer. QUARTERLY BUSINESS MEETING Finance Director Roggeman presented a brief synopsis of the City's finances. He gave an unaudited 2015 Preliminary General Fund summary showing that 2015 revenue were at 105% of budget, expenditures were 99% of budget and that license and permit revenue was higher than budgeted for the seventh year. It was noted that the General Fund transfer from the liquor fund had been cancelled due to a lower net profit, but that during 2015 the City received $800,000 in Park Dedication funds with $500,000 being transferred to the Construction Fund to fund the Park Signage Improvement Project. Mr. Roggeman reviewed the revenue for 2015 for the Utilities Fund, Liquor Fund Operating Revenue and Operating Income, Aquatic Center Operating Revenue, Golf Course Fund Operating Revenue, Arena Operating Revenue, Art Center Operating Revenue, Edinborough Operating Revenue, and Centennial Lakes Operating Revenue. Mr. Roggeman explained the GASB 68 accounting changes that required the City to report Edina's proportionate share of PERA's unfunded pension liability. The GASB 68 accounting change does not change employee or retiree benefits and will not change the City's annual cash funding requirements. Mr. Roggeman noted there be unallocated reserves in the General Fund, however, at a lower amount than in recent years. He said staff would be back at the completion of the City's audit with a recommendation for the best use of the 2015 unallocated reserves. Mr. Roggeman explained the 2017-2021 Capital Improvement Plan (CIP) prioritization process and timeline. The Council and staff discussed ways for Council to give input into the development of the Capital Improvement Plan, the themes to consider in the 2017-2021 CIP, the CIP timing, proposed 2016-2017 CIP levy, the greater emphasis on environmental impact of projects under consideration and the new Conservation and Sustainability Fund. The Council indicated an interest to become involved in the process as early as possible. STATE OF THE INFRASTRUCTURE REPORT Engineering Director Millner and Public Works Director Olson presented a comprehensive report outlining the state of the City of Edina's infrastructure. Their presentation included 2015 accomplishments and proposed initiatives for 2016, the status of the Water, Sanitary and Stormwater Minutes/Edina City Council Work Session/May 3, 2016 Utilities and a status report on the 2016 Living Streets and local transportation systems. Detailed data were supplied in writing to Council members for review. Discussion items included: the accomplishments from 2015, 2016 proposed initiatives, challenges to accomplishing infrastructure rehabilitation, areas of interest and concern and how to address funding the necessary maintenance and rehabilitation of a major public asset to the maximize benefits for the community. ADJOURNMENT Mayor Hovland adjourned the meeting at 6:57 p.m. Respectfully submitted, Debra A. a gen, City C erkff Minutes approved by Edina City Council, May 17, 2016. James B. Hovland, Mayor 2