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HomeMy WebLinkAbout2023.09.25 HRAM9/25/23 -1- DRAFT MINUTES OF THE PROCEEDINGS OF THE HOUSING AND DEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA REGULAR SESSION SEPTEMBER 25, 2023 CITY HALL – COUNCIL CHAMBERS 1. CALL TO ORDER The Brooklyn Center Housing and Development Authority (HRA) met in Regular Session called to order by President April Graves at 8:31 p.m. 2. ROLL CALL President April Graves and Commissioners Marquita Butler, Dan Jerzak, and Teneshia Kragness. Commissioner Kris Lawrence-Anderson was absent and excused. Also present were City Manager Reggie Edwards, Finance and Fiscal Support Services Director Angela Holm, Assistant City Manager/City Clerk Barb Suciu, and City Attorney Jason Hill. 3. APPROVAL OF AGENDA AND CONSENT AGENDA Commissioner Butler moved, and Commission Jerzak seconded to approve the Agenda and Consent Agenda, and the following item was approved: 3a. APPROVAL OF MINUTES 1. December 5, 2022 – Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. RESOLUTION NO. 2023-01; APPROVING THE 2024 PRELIMINARY BUDGET FOR THE HOUSING AND REDEVELOPMENT AUTHORITY OF BROOKLYN CENTER MINNESOTA PURSUANT TO MINNESOTA STATUTES CHAPTER 463 Executive Director Reggie Edwards introduced Finance and Fiscal Support Director Angela Holm to present the item. Finance and Fiscal Support Director Angela Holm stated Hennepin County authorizes the minor levy amount, and the County dictates the amount. The amount is a percentage of the taxable value 9/25/23 -2- DRAFT we can charge. The amount is allocated through the HRA, and then a transfer is made to the Economic Development Authority (EDA). Finance and Fiscal Support Director Holm stated that the County has indicated that we may levy $586,081. This is a 15.23 percent increase from 2022, but the overall increase in the levy is .000184 percent. Mayor Graves asked if the County has given this money back to us. Finance and Fiscal Support Director Holm stated this is part of the property tax. In addition to the City portion, we have this HRA portion. It goes to all residents and businesses. Mayor Graves stated that 8.5 percent is equivalent to the average household of $87, so what is this equivalent of the HRA levy? Director Holm stated she didn't have that information but could do that calculation and get back to the Council. Commissioner Jerzak asked what are the uses of this dollar amount. What programs? Finance and Fiscal Support Director Holm funds EDA activities such as staff salaries and property purchases. Commissioner Jerzak stated he didn't recall receiving an EDA budget yet. He recalls that some staff salaries were taken out of EDA because of the individual's work. He stated some of those salaries were then reallocated to the General Fund. He is wondering how the salaries are allocated. Finance and Fiscal Support Director Holm stated the EDA budget will be presented on October 2, and the transfer and allocation of salaries will be documented in this budget. Commissioner Jerzak asked the EDA budget isn't revisited until October 2 after the preliminary budget is presented. Finance and Fiscal Support Director Holm stated it is a special revenue fund. Mayor Graves asked what the money could be used for specifically. She didn't know if it had any specific guidance, but it has to be used for EDA and HRA activities. Staff can do more investigation, but the Staff has a finite set of items they use it for. Commissioner Jerzak moved, and Commissioner Butler seconded adopting HRA RESOLUTION NO. 2023-01; Resolution Approving the 2024 Preliminary Budget for the Housing and Redevelopment Authority of Brooklyn Center Minnesota Pursuant to Minnesota Statutes Chapter 463 Motion passed unanimously. 5. ADJOURNMENT Commissioner Butler moved, and Commissioner Jerzak seconded the adjournment of the Economic Development Authority meeting at 8:38 p.m. Motion passed unanimously.