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City Council Minutes 09-08-2014 SpecialMINUTES SPECIAL MEETING — MONTICELLO CITY COUNCIL Monday, September 8, 2014 — 5:30 p.m. North Mississippi Room, Monticello Community Center Present: Clint Herbst, Lloyd Hilgart, Tom Perrault, Glen Posusta, Brian Stumpf Absent: None Others: Wayne Oberg, Jeff O'Neill, City Department Heads 1. Call to Order Mayor Herbst called the special meeting to order at 5:30 p.m. 2. Purpose of Workshop: Discuss potential budget items & proposed 2015 tax levy Jeff O'Neill explained that the preliminary 2015 levy will be set at the September 22nd Council meeting. With tonight's discussion, Council is invited to look at potential budget items and changes that may affect the 2015 levy. Finance Director Wayne Oberg began the discussion with a handout and presentation. Wayne Oberg first discussed tax levy information from prior and current years. Wayne Oberg noted that tax changes for the coming year are based on new building permits, no decertification of TIF districts, and an increased value for the nuclear plant. Wayne Oberg explained that Xcel went through a recent upgrade at the plant, with a significant impact in the market valuation and tax capacity for the city. Wright County provided the estimated market value for 2015 and Wayne showed comparative figures for 2012 through 2015. Wayne Oberg is recommending at least a 4.7% increase in the levy which includes certain items that would be included in the budget: inflationary increase of 2.1 %, additional four hours for law enforcement, pathway maintenance, stormwater maintenance, and transit funding. The total levy amount would be $8,535,000 under this recommendation. Council members commented on the impact from the change in valuation for Xcel Energy. Glen Posusta asked if the valuation for 2015 was set in stone or would Xcel be challenging that figure. Clint Herbst commented that the figure should be fairly certain since it is based on equipment and upgrades for producing power. Wayne Oberg displayed the projected tax levy amounts for the general fund, community center fund, and debt funds. He then talked about the potential impact to the tax capacity value and rate, noting that when the value goes up the rate goes down. Based on the estimated market value increase, Wayne Oberg estimates the tax capacity rate would drop to 35.731 for 2015, which is a decrease of 20 %. Glen Posusta asked how the tax capacity compares to other cities in the county. Wayne Oberg stated that he would need to do some digging to get their tax capacity values in order to compare. Of the tax capacity Special City Council Meeting Minutes — September 8, 2014 Page 1 increase, which was a change of 31%, 27.6% was based on Xcel Energy and the other 3.5% was from increases in other areas. Wayne Oberg next showed the tax capacity value without Xcel plant values. This leaves a net value of $15.6 million which is a slight increase over last year's; without the plant, the tax capacity rate would be at 54.752 which is roughly the same as 2014. Wayne Oberg presented tax capacity schedules to show the impact of adding various amounts to the property tax levy and to show impacts on residential and commercial properties. Most scenarios demonstrated that it is unlikely that property taxes will increase for 2015 payable. Wayne Oberg displayed a list of additional projects and purchases that could be added to the levy for 2015. Wayne discussed some possible changes in staffing in public works and pointed out that adding employees would have an ongoing effect on salary and benefits. Wayne Oberg pointed out that the city could handle increases through the debt service levy, with the debt service levels beginning to drop next year. He suggested that this might be a way to fund increases in capital projects. Clint Herbst stated that he still wants to meet with individual departments to review the additional considerations. He suggested that could take place before the next council meeting. Clint Herbst asked Tom Moores if he could provide information on the long term costs for maintaining and reconstructing roads in the city. Tom indicated that he could bring that information to Council on September 22na Jeff O'Neill mentioned that the workshop today was set up for an open discussion for council to go through the CIP list and ask questions of the department heads. Clint Herbst confirmed that he would prefer to meet individually with each department head. He'd like each to present a list of items that they absolutely need and items that are a potential need and those should have documented reasons for being included in the budget. Council also discussed pros and cons for adding staff at public works. Jeff O'Neill added some information about the status of trunk funds which have been diverted for use to pay off wastewater loans. There might be good reasons for building up those funds again to fund future water and sewer trunk lines. Clint Herbst asked him to bring that information to the next budget workshop with documentation to support the reasoning. Tom Perrault asked about the potential for the value of the Xcel plant to go down in the future. Clint Herbst commented that he thinks it is likely, but it would be good to take advantage of the increase this year to support some of the projects that could be included in the budget. Glen Posusta asked Matt Theisen to comment on the consideration of a $1.1 million fire truck. Matt Theisen explained that that this vehicle would replace the 1986 fire truck which is aging and needs parts replaced or upgraded. Clint Herbst noted that the city Special City Council Meeting Minutes — September 8, 2014 Page 2 should also include budget funding for a building or building alterations to accommodate a fire truck of this size, if they plan to bring this forward for discussion. Consensus of Council was to hold a special budget meeting prior to the September 22nd regular meeting to meet with department heads. 3. Adjournment TOM PERRAULT MOVED TO ADJOURN AT 6:17 P.M. LLOYD HILGART SECONDED THE MOTION. MOTION CARRIED 5 -0. Recorder: Catherine M. Shuman Approved: September 22, 2014 Attest: gZVMministrator Special City Council Meeting Minutes — September 8, 2014 Page 3