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City Council Agenda Packet 08-28-2023 SpecialAGENDA MONTICELLO CITY COUNCIL Monday, August 28, 2023 — 4:45 p.m. Monticello Community Center Call to Order 2. 4:45 p.m. CLOSED MEETING — Consideration of sale of property located at 119 3rd Street East, PID 155-101-034040 Authorized by MN Statute 13D.05, Subd. 3 3. 5:00 p.m. 2024 Budget Workshop 4. Adjournment - 0tv udget pop #3 Pieces Together CITY OF Monticello 0 w q'WA 6- i �r a —.dome low Budget Timeline • June 2: Budget Requests Due • June/July: Internal Budget Discussions • July 24: Workshop #1 - Edge pieces • August 7: Workshop #2 - Main inside pieces • August 28: Workshop #3 - Filler inside pieces • September 11: Workshop #4 - Check for missing pieces • September 25: Council adopts preliminary levy during regular meeting 4 Pwpwwp�op 1 .i� 1 C \!\ � CITY OF NA"nf-;Polls LL �T __` • 9Fe `I / _ � �. + v� �cll1 i ®ll®II�JImJi-�JI� � F .� _-_-. - o,,l,, ij 19 0-0 r�� 111111 v A t� Long -Term Considerations • Downtown • Water Treatment Plant • Public Works Facility • Bertram Chain of Lakes • Fallon Avenue Improvements • Pointes at Cedar Pa rks • West Bridge Park • 4th Street Park • East Bridge Park • Pioneer Park • BCOL Shed • Pickle Ball Courts What if inflation doesn't ease for operations? What if inflation doesn't ease for capital projects? What if Xcel's valuation keeps going down? What if other funding (grants, donations) remains tight? Park &Pathway Improvements Fund, Capital Projects Fund What funding strategy should be used for the Community Center? Revenues, Capital funding Lii�e_U_O � Mo Council Discussion What % of COLA does Council support? Does Council support the addition of new staff? What % levy increase does Council support? What is the message around that levy increase? How are the decisions Council is making now helping or hindering the City's vision and priorities? I Monticello a Aii _W r 1� - . AIW - • . • �1�--+-►,�- —'�' f+ � � � .' � r —"r". � r .. -� �� _' � �. - rya • }$ •'r— vil!•� � r r } t . fff'- ..- Vr vw� l Monticello 2024 Notable Funding • General Fund • $400,000 Public Safety Aid 1 $240,000 in 2025 • $77,000 Engineering charges • $60,000 Arts Grants & Donations • $30,000 EAB Grant (Add'I $1,000,000 requested) • $15,000 SHIP Grant for Parks Master Plan • Community Center Fund • $1,388,400 (2.5%) estimated Charges for Services • Street Lighting Fund • $175,000 Franchise Fees • Capital Projects Fund • $308,597 TED • $382,016 SRTS • $485,000 CRGP • $1,000,000 transfer from Liquor Fund • $30,000,000 bond proceeds • Stormwater Fund • $970,000 County ARPA • $360,000 County Water Quality Grant 2024 Personnel Requests • COLA: Each 1% = $58,800 • General Fund: $34,300 • MCC: $6,300 • EDA: $1,600 • Water/Sewer/Storm: $7,800 • Liquor/DMV: $8,800 • Personnel • Reclassification of Project Engineer to Assistant City Engineer: $71,000 , • New BCOL Field Athletic Operator: $92,800 • New Recreation Coordinator: deo $40,000 Notable 2024 Operating Requests is General Fund: $1,332,000 • Sheriff Contract: $616,000 • Elections: $60,000 • City Hall Layout: $10,000 • NeoGov Perform Module: $10,000 • Streets/Ice & Snow Supplies: $84,000 • Streets Fog Seal: $115,000 • PW Shop Supplies & Utilities: $57,000 • Parks Master Plan: $70,000 • Parks Pathway Maintenance: $150,000 • Shade Tree EAB: $120,000 • Library Carpeting: $40,000 00 Lii�e-u-o i Mo 2024 Equipment Requests • Central Equipment Fund: $292,000 • $90,000 One -Ton Pickup • $95,000 Two -Ton Pickup w/ Hoist & Dump Box • $15,000 Walk -Behind Mower • $20,000 Kifco Water Wheel • $32,000 40" Cold planer • $40,000 Tack Trailer - 250 gal • Water Fund • $150,000 Generator ��r� of Monticello 2024 Capital Requests • Broadway East Medians • School @Cedar/Edmonson Roundabouts &Reconstruction • Public Works Facility • West 7th Street Retaining Wall • Ditch 33 • DMV Parking Lot • MCC Improvements Capital Carryover from 2023 • Downtown Roadway &Pedestrian Improvements Project • BCOL Phase #2 Safety &Access Improvements • Flashing Yellow Arrow Improvements n�c oMot Current Assumptions • COLA: 4% • Each 1% _ $58,800 • Levy: 8% or $964,000 • General Fund: 8.0% or $645,000 • MCC Fund: 1.9% or $10,000 • Capital: 19.1% or $282,406 • Debt: 1.3% or $26,594 911119MISLO16 JLW i7 6T Nof new -77 IXdj Current Gaps • General Fund • $310,000 • Community Center Fund • $375,000 • Capital Projects Fund • $3,978,000 • Reduction to fund balance (reserves) for Downtown Project • Park & Pathway Improvements Fund • $330,000 • No anticipated revenue in 2024 Long -Term Considerations • Downtown • Water Treatment Plant • Public Works Facility • Bertram Chain of Lakes • Fallon Avenue Improvements • Pointes at Cedar Pa rks • West Bridge Park • 4th Street Park • East Bridge Park • Pioneer Park • BCOL Shed • Pickle Ball Courts What if inflation doesn't ease for operations? What if inflation doesn't ease for capital projects? What if Xcel's valuation keeps going down? What if other funding (grants, donations) remains tight? Park &Pathway Improvements Fund, Capital Projects Fund What funding strategy should be used for the Community Center? Revenues, Capital funding Lii�e_U_O � Mo Council Discussion What % of COLA does Council support? Does Council support the addition of new staff? What % levy increase does Council support? What is the message around that levy increase? How are the decisions Council is making now helping or hindering the City's vision and priorities? I Monticello