Loading...
City Council Minutes 08-26-2024 WorkshopMINUTES MONTICELLO CITY COUNCIL WORKSHOP Monday, August 26, 2024 — 5 p.m. Academy Room, Monticello Community Center Present: Charlotte Gabler, Lloyd Hilgart, Lee Martie, Sam Murdoff Absent: Tracy Hinz Staff: Rachel Leonard, Jennifer Schreiber, Angela Schumann, Ron Hackenmueller, Matt Leonard, Tom Pawelk 1. Call to Order Mayor Lloyd Hilgart called the special meeting to order at 5 p.m. 2. 2025 Budget Discussion Sarah Rathlisberger, Finance Director, presented the fourth budget workshop. As part of the presentation, she reviewed taxable market values, including the decrease of 7% in Xcel Energy valuation. Also reviewed were the current projects in process and City facilities that need to be maintained. The group discussed debt capacity and future projects and what the increase in property tax levy would need to be. Rachel Leonard, City Administrator, requested guidance from City Council to help staff make a recommendation on the budget. Specifically, staff questioned what the Council would be comfortable with regarding a levy increase. Mayor Hilgart noted he would prefer 6% or between 6-8%. Councilmembers Gabler was comfortable with 6-10%. Councilmember Martie noted 6-8%. Councilmember Murdoff stated that he wanted the City to stay current on items and would support a 12-14% increase. There were a number of additional items that the City Council was requested to give direction. These included: • West Bridge Park proiect — Ms. Rathlisberger commented on the project and noted that there are available funds from the DMV, along with a donation from the Monticello Lions, that could be used to complete the project. There was consensus of Council to move forward with the project and use the donation from the Lions and the dollars from the DMV. • Ranking of the big 6 proiects — Ms. Rathlisberger questioned whether debt should be issued for only the big projects or for other projects also. There was consensus of Council that debt should be issued for the big 6 projects and that other projects can be funding through capital projects fund. City Council Workshop Minutes — August 26,2024 • Commitment to Public Works Building —there was no confirmation of future action regarding this project — specifically to construct in 2025 or 2026. The City Council had a brief discussion, but no clarification was provided. The levy increase would be significant. 3. Adjournment By consensus, the meeting was adjourned at 6:25 p.m. Recorder: Jennifer Schreiber AON�4) "�ev U- U Attest: City Council Workshop Minutes — August 26,2024