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HomeMy WebLinkAbout1992 01-22 FTFM• MINUTES OF THE PROCEEDINGS OF THE FINANCIAL TASK FORCE OF THE CITY OF BROOKLYN CENTER JANUARY 22, 1992 CITY HALL QLL TO ORDFR Chair Kelly called the meeting to order at 7:05 p.m. RQLL C Chair Kelly, members Escher, Kanatz, Peppin and Boran. Members Boyd and Christensen were in attendance at the start of the meeting and left to attend a Charter Commission meeting. They returned to the Financial Task Force meeting at 7:45 p.m. Councilmember Pedlar was in attendance for the initial portion of the meeting and left to attend another meeting. Also present were City Manager Splinter, Finance Director Holmlund, Assistant Finance Director Hansen, and City Assessor Mark Parish. There was a motion by Kanatz and second by Escher to approve the minutes of the January 6, 1992, meeting with the arrival time of member Christensen corrected from 8:25 p.m. to 7:25 p.m. The motion passed unanimously. Chair Kelly asked City Assessor Mark Parish to make his departmental presentation to the Task Force. City Assessor Parish reviewed the operation of the assessor's department explaining the following items: four year property visitation requirement in State law; reviewing a history of personnel levels; a review of property value appeals process and volume; departmental use of technology; and an explanation of problems with equalization process in other counties and throughout the state. Mr. Parish also presented a review of historical property tax levels on residential property as compared to the CPI and property valuation increases over a twenty year period. Mr. Parish believed there is an imbalance in the property tax system in which apartments and commercial/industrial are paying a disproportionate amount of property taxes as compared to single family residential. Member Escher stated he received a handwritten list of suggestions from a citizen and requested it be typed and distributed to the members of the Task Force. In addition he asked Manager Splinter to have the list reviewed and considered as a part of the prioritization process and staff comments be reported back to the Task Force. Chair Kelly introduced Finance Director Holmlund for a presentation of the activities of the Finance Department. Finance Director Holmlund completed a presentation including the following items: a review of the 21 departmental functions assigned to this area; department organization chart; statement of department personnel 1-22-92 -1- • qualifications; review of the Certificate of Achievement for Economic Excellence in Financial Reporting; a listing of staff training and responsibilities by position; a review of the Finance Department budget including personal services reimbursements from enterprise funds; distribution of Finance Department personnel costs by activity area; a listing of current, major departmental activities and a review of long and short term goals and objectives of the department. Chair Kelly asked the membership if they wished to spend some additional time reviewing the "reserve" section of the proposed Financial Policy. Members agreed and a lengthy discussion ensued after presentation of alternatives by Finance Director Holmlund. The discussion evolved around whether or not the reserve policy should require the City Manager to submit the annual proposed budget with or without the use of reserves. Member Boran indicated his preference for submitting the budget without including any portion of reserves thus leaving the responsibility for the decision to use reserves focused on the City Council with or without recommendation for reseves use by the City Manager. Member Boran pointed out the Citv Manacrer could suactest the use of reserves under this policy but he could not submit the budget using any portion of the reserves. Member Christensen argued for greater flexibility for the City Manager and the City Council in the submission and review of the budget and the use of the reserve fund. After discussion by the membership Chair Kelly asked Manager • Splinter if there was a timing problem in delaying final approval of the Financial Policy. Manager Splinter stated if the Task Force could come to a conclusion on this matter by April 1, 1992, that would be completely acceptable. There was a motion by Kanatz and second by Boyd to table further consideration of the Financial Policy until the next meeting of the Task Force and directing City Manager Splinter to prepare draft language for the two basic positions for discussion. The motion passed unanimously. Chair Kelly stated some of the members are going to have difficulty meeting the Monday evening meeting schedule of the Task Force and requested consideration of alternate evenings in February and March. After discussion a consensus was developed that the February meetings of the Task Force would be on February 13 and February 27 and tentatively the schedule the March meetings for March 12 and March 26. There being no further business Chair Kelly adjourned the meeting at 9:38 p.m. 0 1-22-92 -2-