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HomeMy WebLinkAbout[07b] Budget 2019 Council Agenda Item 7b MEETING DATE: June 18, 2018 AGENDA ITEM: Budget 2019 SUBMITTED BY: Administration/Finance BOARD/COMMISSION/COMMITTEE RECOMMENDATION: N/A PREVIOUS COUNCIL ACTION: None BACKGROUND INFORMATION: Attached is a proposed 2019 budget timeline for Council meetings. Staff will begin work on the 2019 budget in June and will have their preliminary proposals ready for Council by August. The Council budget meetings are scheduled in conjunction with regular council meetings with the potential of scheduling a special workshop if needed. Staff is requesting to start the budget process and have discussion with the Council as to the priorities of the Council and projects that the Council would like to see incorporated in the budget. In the past the Council has requested the growth numbers first. We know that the growth is approximately 7.5% as the City had considerable construction in 2018. The Stearns County Assessor will be at the July 2, 2018 Council meeting to discuss the overall market valuation of the City. The table that follows is a list of projects that have been discussed and ranked as priority by the Council, Board/Commissions and staff. The highlighted items have initiated or are in the process. The discussion for the Council at this time is big picture, visionary as to what you would like the staff to research. The City will have the results of the Job Classification later this year which will have an impact on the proposed budget, keeping in mind that since the labor contracts are settled for 2019 and change in classifications or compensation would require an opening of the contract. Realistically the changes for union members would most likely occur effective January 1, 2020. June City Council provides input to the budget and staff begins the budget process July EDA considers budget, Department Heads finish draft budget, review by Administrator and staff meeting to revise budget; Capital Improvement plan is prepared as well. August Fire Board / Park Board prepare budget; City Council reviews Engineer CIP and Operational Budget September Enterprise Budget is prepared and reviewed; Council adopts preliminary budget no later than September 17, 2018. October Review utility rates and finalize draft Enterprise Fund Budget; draft fee schedule is prepared, EDA finalizes budget November Fire/Park Board finalize budget; fee schedule, budget and CIP are finalized for public hearing December Adopt final 2019 Budget/Fee Schedule and CIP 2018 Projects 2019 Projects 2020 Projects 2021 Projects Industrial Park Expand Seal Coating/Crack Fill Seal Coating/Crack Fill Seal Coating/Crack Fill Northland Drive CR121 Lift Station CSAH2 Trail, Phase II/III East Park phase I Improvements/sidewalk Generator SW Trunk Water/Sewer Millstream play equipment ADA transition plan Extension Amphitheatre Pickle & Gaga ball Cold Storage Facility Millstream parking lot Ladder Truck Baker Street Lift Station Jacob Wetterling Rec Millstream pond th Generator Center Field Street 7 to 12th dredging Gateway Business East Park master park plan Baseball parking lot Center Dog Park phase III Wobegon Welcome Northland Park inner Dog Park phase II Center south parking lot trail Minnesota Street CIPP sewer main lining st Beautification Repairs 1 Ave NE Street overlays th 18 Ave improvements Elm St Extension Industrial Park East nd 2 Ave/Birch St sidewalk utilities? Welcome Monument CSAH 75 pedestrian Signs (MN St/CSAH75) crossing Monument Park repairs Equipment Certificate Equipment Certificate Hotel Study BUDGET/FISCAL IMPACT: None ATTACHMENTS: REQUESTED COUNCIL ACTION: Discuss budget and project priorities.