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MINUTES
OF THE SPECIAL MEETING OF TBE
EDINA CITY COUNCIL JELD AT CITY HAIL
JULY 18, 1994 - 5~30 P.M.
ROLLCAJL 'Answering rollcall were Members Kelly, Paulus, Smith and Mayor
Richards.
Mayor Richards stated that the purpose of the special meeting was to receive
additional information and to continue the discussion on the proposed 1995 Budget
for the City of Edina.
PROPOSED 1995 BUDGET DISCUSSED: DRAFT -Y BUDGET TO BE PREPARED
Manager Rosland stated that, pursuant to direction given by the Council,
management staff is recommending to Council a preliminary 1995 Budget summarized
as follows:
Total Revenues $15,974,928*
Total Expenditures 15,654,928
Tax Dollars W/HACA 12,284,619
Net Taxes W/O HACA 994,020
HACA Adjusted Levy 11,290,599
Tax Dollar Increase 368,048
Percent Increase Tax Dollars 3.32%
Percent Increase in Expenditures 3.93%
Impact on Total Tax Bill .43%
(*Tax figures reflect an assumption of loss due to abatements)
Percent increases of proposed expenditures include: salaries 2.50%, contractual
services 2.00%, commodities 2.00%, central services 2.50%, and equipment 2.00%.
Total budget adjustments are comprised of: revenue adjustments of $136,000,
expenditures adjustments of $165,900, and other adjustments $154,700 (including
capital plan reduction of $92,000).
Effect on Residential Homes:
1993 Est Mkt Value 1994 Taxes 1994 Est Mkt Value 1995 Est Taxes Difference
0% Value Increase:
$160,000 $ 398 $160,000 $ 403 $6
250,000 686 250,000 696 10
500,000 1,488 500,000 1,509 21
160,000 398 169,600 434 37
6% Value Increase:
250,000 686 265,000 744 58
500,000 1,488 530,000 1,606 118
Effect on Commercial Property:
0% Value Increase:
10% Value Decrease:
10% Value Increase:
500,000 3,687
500,000 3,687
500,000 3,687
500,000 3,739 51
450,000 3,365 (323)
550,000 4,112 42 5
Manager Rosland briefly reviewed the components of the proposed budget pointing
out the major line item adjustments.
Presentation of Additional Information
As directed by Council, A break down of the proposed expenditure for contractual
services was presented. Major components were: insurance (33.86%), NSP (16.90%),
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legal (10.01%), and other category (9.96%) which includes legal advertisements,
physical examinations, labor relations consultants, uniform allowance, equipment
rental and maintenance, Gopher State One Call, etc., service contracts (4.07%).
Total paid to insurance companies for health insurance is $871,000 covering 240
. employees.
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Information was also presented from Police Chief Bernhjelm in support of position
authorization for one fulltime clerical position, one crime prevention/safety
education specialist, and police school liaison officer.
Council Cornment/Action
Following discussion on the information presented, Mayor Richards commented that
he felt the preliminary 1995 Budget as presented representing a 3.93% increase in
expenditures was defensible to the public.
It was the consensus of the Council that staff be directed to prepare and print a
preliminary 1995 Budget for the City of Edina reflecting a total expenditure of
increase of 3.93%.
Mayor Richards declared the meeting adjourned at 6:05 P.M.