Loading...
HomeMy WebLinkAbout2009 12-14 HRAP HRA MEETING City of Brooklyn Center • December 14, 2009 AGENDA 1. Call to Order —The HRA requests that attendees turn off cell phones and pagers during the meeting. A copy of the full City Council packet, including HRA (Housing and Redevelopment Authority), is available to the public. The packet ring binder is located at the front of the Council Chambers by the Secretary. 2. Roll Call 3. Approval of Agenda and Consent Agenda —The following items are considered to be routine by the Housing and Redevelopment Authority (HRA) and will be enacted by one motion. There will be no separate discussion of these items unless a Commissioner so requests, in which event the item will be removed from the consent agenda and considered at the end of Commission Consideration Items. a. Approval of Minutes — Commissioners not present at meetings will be recorded as abstaining from the vote on the minutes. . 1. September 14, 2009 — Regular Session 4. Commission Consideration Items a. Final Market Value Levy and Budget Resolutions 1. Resolution Establishing a Final Property Tax Levy for the Purpose of Defraying the Cost of Operation, Providing Informational Services and Relocation Assistance Pursuant to the Provisions of Minnesota Statutes Chapter 469.033 for the City of Brooklyn Center Housing and Redevelopment Authority for Fiscal Year 2010 Requested Commission Action: — Motion to adopt resolution. 2. Resolution Approving the Final Budget for the City of Brooklyn Center Authority Housing and Redevelopment A y Pursuant to Minnesota Statutes Chapter 469 Requested Commission Action: — Motion to adopt resolution. 5. Adjournment HRA Agenda Item No. 3a • MINUTES OF THE PROCEEDINGS OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA REGULAR SESSION SEPTEMBER 14, 2009 CITY HALL — COUNCIL CHAMBERS 1. CALL TO ORDER The Brooklyn Center Housing and Redevelopment Authority (HRA) met in Regular Session called to order by Chair Tim Willson at 8:56 p.m. 2. ROLL CALL Chair Tim Willson and Commissioners Kay Lasman, Tim Roche, Dan Ryan, and Mark Yelich. Also present were Assistant City Manager /Director of Building & Community Standards Vickie Schleuning, Director of Fiscal & Support Services Dan Jordet, Director of Business and Development Gary Eitel, Public Works Director /City Engineer Steve Lillehaug, City Attorney Charlie LeFevere, and Carol Hamer, Timesaver Off Site Secretarial, Inc. 3. APPROVAL OF AGENDA AND CONSENT AGENDA Commissioner Ryan moved and Commissioner Roche seconded approval of the Agenda and Y pp g Consent Agenda, and the following item was approved: 3a. APPROVAL OF MINUTES 1. December 8, 2008 — Regular Session Motion passed unanimously. 4. COMMISSION CONSIDERATION ITEMS 4a. PRELIMINARY MARKET VALUE LEVY AND BUDGET RESOLUTIONS 1. RESOLUTION NO. 2009 -01 ESTABLISHING A PRELIMINARY MARKET VALUE LEVY FOR THE PURPOSE OF DEFRAYING THE COST OF OPERATION, PROVIDING INFORMATIONAL SERVICES AND RELOCATION ASSISTANCE PURSUANT TO THE PROVISIONS OF MINNESOTA STATUTES CHAPTER 469.033 FOR THE CITY OF BROOKLYN CENTER HOUSING AND REDEVELOPMENT AUTHORITY FOR FISCAL YEAR 2010 09/14/09 -1- DRAFT Director of Fiscal & Support Services Dan Jordet introduced the item, discussed the history and stated the purpose of the proposed resolution. Commissioner Yelich moved and Commissioner Ryan seconded adoption of HRA RESOLUTION NO. 2009 -01 Establishing a Preliminary Market Value Levy for the Purpose of Defraying the Cost of Operation, Providing Informational Services and Relocation Assistance Pursuant to the Provisions of Minnesota Statutes Chapter 469.033 for the City of Brooklyn Center Housing and Redevelopment Authority for Fiscal Year 2010. Motion passed unanimously. 2. RESOLUTION NO. 2009-02 APPROVING THE PRELIMINARY BUDGET FOR THE CITY OF BROOKLYN CENTER HOUSING AND REDEVELOPMENT AUTHORITY PURSUANT TO MINNESOTA STATUTES CHAPTER 469 Mr. Jordet introduced the item, discussed the history and stated the purpose of the proposed resolution. Commissioner Yelich moved and Commissioner Ryan seconded adoption of HRA RESOLUTION NO. 2009 -02 Approving the Preliminary Budget for the City of Brooklyn Center Housing and Redevelopment Authority Pursuant to Minnesota Statutes Chapter 469. Motion passed unanimously. 5. ADJOURNMENT Commissioner Roche moved and Commissioner Lasman seconded adjournment of the Housing and Redevelopment Authority meeting at 9:02 p.m. Motion passed unanimously. • 09/14/09 -2- DRAFT HRA Agenda Item No. 4a City of Brooklyn Center A Millennium Community To: Mayor Willson and Council members, Lasman, O'Connor, Ryan and Yelich From: Cornelius L. Boganey, City Manager c* Date: December 11, 2009 RE: 2010 Budget Adoption All Funds Tax Capacity General and Debt Service Fund Levies HRA Market Value Levy for property taxes payable in 2010 On September 14 09 the City Council adopted the 2010 preliminary budget and maximum tax levies. The proposed levy is at the same level adopted at the September 14 09 meeting and developed in joint work sessions with the City Council and Financial Commission. There are three funds that require a tax levy; the General Fund, the Debt Service Fund and the Housing and Redevelopment Authority Fund. The proposed final levy is as follows: Tax Levy: General Fund Operations Limited Levy $ 6,684,916 Police and Fire Special $ 5,122,581 2009 LGA Unallotment Levy $ 42,100 2010 LGA Unallotment Levy $ 463,502 Fire Relief Association Pension Levy 4 65,945 Foreclosures Special Levy $ 125,000 Housing and Redevelopment Authority $ 349,745 Police and Fire Bonds $ 715,183 Total Levy $ 13,568,972 The proposed budgets reflect the revenues and expenditures developed in City Council joint work sessions with the Financial Commission during the months of July, August, October and November. The expenditure levels are focused on maintaining services and on the achievement of the six strategic and seven ongoing goals adopted by the City Council on April 13 2009. 6301 Shingle Creek Parkway Recreation and Community Center Phone & TDD Number Brooklyn Center, MN 55430 -2199 (763) 569 -3400 City Hall & TDD Number (763) 569 -3300 FAX (763) 569 -3434 FAX (763) 569 -3494 www.cityofbrooklyncenter.org S 2009 GENERAL FUND AMENDED BUDGET In response to the $463,502 unallotment of Local Government Aid by the Governor, on April 27 2009 the City Council amended the approved 2009 budgets of the General Fund, EDA Fund, Sanitary Sewer Fund and Storm Sewer Fund. The General Fund budgeted expenditures were reduced by $596,665. EDA budget expenditures increased $15,452. Utility Funds revenues were increased $40,000 and Utility Funds budgeted expenses were increased $109,903. 2010 LEVY CHANGES The proposed total levy is $13,568,972 and if approved will represent an increase of $675,764 or 5.24% increase. Of this increase $505,602 is directly attributable to the unallotment of Local Government Aid. The General Fund levy, composed of a general operating levy, Police and Fire special levy, Foreclosure special levy, Fire Relief Association special levy (new levy), 2009 and 2009 LGA Unallotment levies (new levies) is proposed to increase 5.9 % while the Debt Service levy will increasel.60 %. The HRA levy is set at the statutory limit of .0185 % of the estimated taxable market value and if estimates hold true it will decrease 9.23% from the 2010 levy. The actual HRA levy amount will be determined by final valuations set by Hennepin County. 2010 GENERAL FUND REVENUES: • Total estimated revenue for 2010 is $ 16,443,922. This compares to $16,613,686 in the 2009 original budget and $ 16,017,021 in the amended 2009 budget. With the proposed levy increase and lodging tax collections of $750,000 (new hotel) total tax collections in the general fund are expected to increase from $12,524,016 to $13,254,044. Licenses and Permits are estimated at $710,937 compared to $731,295 in 2009. The license revenue increase of $65,142 is related to the rental license renewal cycle. The $85,500 decrease in permit fees is reflective the general downturn in the economy. The City Council is considering the adoption of a new rental licensing system in 2010. This new licensing renewal regime if adopted may affect licensing revenue in 2010. Intergovernmental Revenue decreases to $1,109,109 compared to $$2,022,332 in the original 2009 budget and $1,425,667 in the amended 2009 budget. All of this decrease occurs in the use of Local Government Aid. Since 2007 LGA has been reduced from $1,229,388 to $ 411,544 in the proposed 2010 budget. Given the current State revenue forecast for 2010 and beyond it is reasonable to expect further reductions in LGA/ market value homestead credit during budget year 2010 and or 2011. Staff has begun developing contingency plans should the need arise to make mid -year adjustments. • 2 • Charges for Services increase significantly in 2010. The 2010 budget for service charges is $859,362 compared to $719,593 in 2009. This increase is due to the increase in code enforcement mitigation activity and implementation of the new vacant property registration ordinance. As policy requires, revenues are budgeted using conservative assumptions so we have not include any revenue increases that might be expected from the implementation of a planned administrative fines program which will be implemented in 2010. GENERAL FUND EXPENDITURES The 2008 budget was intended to begin addressing some of the growing needs discussed in previous years and as articulated by the City Council in its Annual Goals for the City. To achieve two of the critical Councils strategic goals of a assuring a safe and secure community and improved code enforcement, we added, one patrol officer in the patrol division of the General Fund, one additional code enforcement officer in the Community Development Department, two patrol officers in the COPS Grant Special Revenue Fund, one additional patrol officer in the Auto Theft Grant Fund. In 2009 we began absorbing 1.5 of the three grant funded police positions into the general fund. In 2009 the budget goal was to maintain the momentum and move the initiatives to the next • level. In 2009 we saw significant advancement in the area of code enforcement activities including increased abatement activity, prosecutions, and vacant property registrations. In the area of public safety we have seen the second successive year of double digit crime reduction. Staying focused in 2010 Even though the City budget is constrained by levy limits, a declining tax base and poor economy, the principal goal as directed by the City Council is to continue the efforts of 2009 to the greatest extent feasible. With this objective in mind the 2010 budget absorbs the remaining 1.5 grant funded position and adds one additional grant funded Youth Service Officer. Our experience and previous studies performed argue for a comprehensive response to youth related crimes as youth are often the perpetrators and victims of violent crimes that occur. As difficult as it has been to stay on this course given fiscal constraints, I believe we have been successful in our effort to continue forward toward the achievement of the Councils high priority goals. While most of the strategic efforts are identifiable with General Fund activities the HRA/EDA and the CDBG Fund are critical to moving the Council agenda forward in 2010. Below, I have described how the various City Funds and resources will be allocated to achieve the goals of the City Council. In April 2009 the City Council adopted the following Strategic Goals. The Council also developed a set of Desired Outcomes for each goal. In January 2010 the Council is scheduled to 3 . continue this Strategic Planning process by developing specific measures of success. This continuing effort will provide staff with the direction needed to assure that time and resources are focused in laser like fashion on achieving those outcomes deemed to be most critical to the future of Brooklyn Center. 1. Ensure a safe and secure community • Reduce the threat and fear of real or perceived crime • Citizens will feel and be safe in their homes and throughout the City The proposed budget continues funding for the Community Services Unit that includes Community Response Officers, crime analysis, crime prevention activities and adds a youth intervention officer. This is a unit consisting of both sworn and unsworn personnel carrying out proactive problem solving initiatives. The unit consists of one Lieutenant who manages the five sworn Community Response Officers, an Analyst, and a Crime Prevention Specialist. Results demonstrate that this proactive, fact based, focused and coordinated efforts of a unit that is not spending nearly all of its time responding to calls for service has produced results contributing to crime reduction in the City. Year to date in 2009 Total Part 1 Crimes have reduced 17.5 %. Year to date violent crimes have reduced 18.62 %. This budget will continued implementation of the recommendations from the PERF violent crimes study completed in 2007. Many of the recommendations have been incorporated in the City Department work plans as a way to further affect a reduction in violent crimes especially those committed by young adults and adolescents. Of course it is equally important that the City continue to provide patrol, emergency response, investigation and administration, while the new unit focuses on problem areas and prevention activities. The 2010 budget also meets this objective. 2. Aggressively proceed with City redevelopment • Redevelop the "opportunity site" • Redevelop EDA owned properties The newly formed Business and Development Department composed of EDA/HRA, planning and assessing staff will remain focused on business attraction, business retention, community marketing and redevelopment assistance programs. This focused effort will continue to be critical as we work to achieve the redevelopment mission in a very difficult economic environment. • 4 • Redevelopment activities of the City are generally funded in the EDA and Tax Increment Funds. I believe it is fair to say that 2010 is expected to be a challenging yet significant period for redevelopment. The GSA FBI field office headquarters will be under construction. The marketing of the 57 and Logan project is likely to proceed. The marketing of the 1- 694 /Hwy 100 property will be underway. Planning for the redevelopment of the Brookdale Ford Site will continue and we are hopeful that the Brookdale Mall will be marketed to new owner that will come forth with improvement plans for this import commercial property. Supported with TIF and Federal Stimulus funding in partnership with Hennepin County, Three Rivers Park District the Bass Lake Road Streetscape /Trail Enhancement project will be constructed 2010. This will represent a significant improvement to the Bass Lake Corridor making it a more attractive, pedestrian friendly environment supportive of commercial redevelopment. Planning and implementation of elements of the Shingle Creek day lighting project are expected in 2010 as well. 3. Stabilize and Improve residential neighborhoods • Provide a diverse housing stock • • Adherence to City housing codes and regulation • Increase home ownership as a percentage of total housing • Reduce problems from foreclosed properties • Improving property values and proud neighbors In addition to the improvement in the way foreclosed and vacant properties are monitored and managed by the new Department of Buildings and Standards, the Business and Development Department will continue be implement the two new incentive programs to attract new property owners, acquire and rehabilitate vacant foreclosed properties in 2010. In 2009 we were able attract more than fifty (50) new home owners to acquire vacant foreclosed properties. We expect to attract a comparable number of new home owners in 2010. In addition the EDA has acquired several strategically located vacant properties as we plan for future redevelopment. In 2010 we expect to launch a new home remodel and improvement program using Federal grant funds. The vacant property ordinance took effect in 2009 and more than four hundred (400) vacant homes have been registered, making it easier to track ownership, secure and maintain these properties. 5 about wa s to prevent We will also continue to provide public education to citizens p p Y p . foreclosure. The new Building and Neighborhood Standards Division, we will implement proposed changes to the rental property licensing ordinance. The ordinance changes are designed to create incentives, hold landlords and occupants accountable for conditions and use of rental properties throughout the City. One of the continuing focus areas for the Business and Development Department includes finding ways of diversifying the housing stock. 4. Demographic makeup and cultural diversity will be an asset • All citizens represented and encouraged to participate in civic, governmental, community organizations and activities • Youth will be served with recreation and educational programs and activities • Underserved populations will be served by participation in programs /activities available to the community at large • Social, health and housing needs of the aging and moderate income populations S will improve The City continues to extend and improve our outreach efforts to attract employees and volunteers from all ethnic and cultural groups of our community. Staff training in the areas of cultural competency will continue. The Brooklyn Bridge effort with the City of Brooklyn Park, involving youth in decision making and planning continues to evolve and improve our ability to constructively engage youth from throughout the community. In 2010 we will inventory and assess other social, health and housing needs of the aging and moderate income citizens to determine what additional City efforts are needed. 5. Continue to maintain and improve City Infrastructure • Government buildings, major equipment ment and physical sical assets of the City will be J or 9 maintained and improve • Neighborhood streets and utilities will be maintained and improved • The City will foster multi -modal transportation options The City will continue the previously established street reconstruction program in 2010 with of the largest annual programs in recent years. In 2010 Improvements will • 6 • occur in the Dupont Avenue, Twin Lake North/Lakeside and Vincent Neighborhoods. The principal City funding for this program is the franchise fee. The City has prioritized and scheduled this program using a condition based formula in order to use the limited resources available in the most cost effective manner. In 2009 the City entered into a joint use agreement with the Three Rivers Park District. The agreement will extend responsibility for improvement and maintenance of our regional trail system to the Three Rivers Park District. This will reduce City maintenance cost and authorizes the Park District to extend and make improvements to our Regional Trails. In addition the City has a capital replacement plan for storm water, sanitary sewer and water system improvements. In addition the City has a park improvement plan and an improvement funding program for the Earle Brown Heritage Center. Each of these programs is detailed in the Capital Improvement Program which has been reviewed during the budget development process and will be presented for Council approval. In 2007 the City completed a comprehensive study of the structural components of General Buildings i.e. City Hall, Community Activities Center, Fire Stations and Police Buildings. With information collected from this report, the staff developed an infrastructure improvement plan for these critical facilities. The recommendations • from this study have been incorporated into the proposed capital projects budget. The identified funding source for these improvements in 2008 and 2009 was an equity transfer from the liquor fund. In 2010 the program is estimated to cost $195,000. A source of funding for the third year of this program will identified early in 2010. 6. Environmental sustainability and "green community" issues • The purchasing power of the City will support the goal of environmental sustainability • Public education regarding environmental issues The City will continue many of its past efforts, of household recycling, use of recycled goods and materials in our capital projects and daily business operations, and storm water management. In 2010 we will implement the new water conservation utility rate structure. The Street light utility will explore and pilot test the use of alternative energy lighting in 2010. Staff will be submitting a federal stimulus energy conservation grant application in 2010. In 2010 we will develop a plan to comprehensively inventory current City efforts and develop a comprehensive action plan to address the many environmental sustainability issues in the community. r 7 . THE HOUSING AND REDEVLOPMENT AUTHORITY LEVY State law establishing a Housing Redevelopment Authorities provides for an operating levy of up to .0185 % of the taxable market value within the jurisdiction to carry out the purposes of the authority. In Brooklyn Center after forming an HRA the City established an EDA which assumed and expanded the HRA responsibilities into the areas of economic development. To fund the activities of the EDA, the HRA levy is required. The HRA levy is expected to generate $ 349,745 in 2010 revenue. The EDA fund provides for the operating budget for the EDA and the costs are expected to be $379,104. This budget includes funding full time positions of the Business and Development Director, Community Development Specialist, Planning and Zoning specialist and staff support positions in this department. The estimated revenue from this proposed levy is $349,289 THE DEBT SERVICE FUND LEVY The current outstanding exclusively tax supported General Obligation Bond Debt of the City is composed of a single issue; the 2004A Police and Fire Bonds. The outstanding principal balance due on these 10 year bonds as of December 31, 2010 will be $2,025,000. The debt service due in 2010 will be $715,183. The proposed levy with interest earnings will be sufficient funds to pay the required $716,653 in principal, interest, fees and required excess coverage for these referendum approved bonds. • SPECIAL REVENUE FUNDS Economic Development Authority Fund This fund provides for the management and administration of City Development efforts. The purpose of this fund is to preserve and improve City neighborhoods by fostering housing stock preservation, commercial and industrial development and redevelopment creating job opportunities, tax base stability and growth. The activities of this fund directly support City Goals # 2, and #3. Projects included in the 2010 work plan are the 57 and Logan redevelopment project, GSA -FBI field office development, Bass Lake Road Streetscape project, Shingle Creek Daylighting Plan, The Brookdale Ford Redevelopment and the Opportunity Site Redevelopment Project and others. 2010 programmed expenditures; $ 379,104. Housing and Redevelopment Authority Funds collected by the HRA will be transferred to the EDA for redevelopment activities. 2010 programmed expenditures; $349,745 • 8 • Community Development Block Grant In 2010 we will continue to use CDBG funds to support the Code enforcement priorities of the City Council. 2010 programmed expenditures; $ 193,750 TIF District 92 In support of goal #2 aggressive redevelopment, this Fund accounts for all TIF revenue and expenditures from this Downtown Redevelopment District. This financing tool was primarily responsible for redevelopment of the Earle Brown Terrace and Earle Brown Commons Senior residential projects. The District must be decertified by the year 2010. The City Council may wish to consider a plan amendment in 2010, so that funds available in the district may be used for other high priority redevelopment projects. 2010 programmed expenditures; $18,000. TIF District 43 In support of goal 42, this fund accounts for all revenues and expenditures for District 3. Major redevelopment projects within this district include 69 and Brooklyn Boulevard, 66 and 252 • Highway including the theater and townhomes as well as the area in and around Brookdale Mall. The district also includes portions of the Opportunity Site, and the parcels along hwy 694 /hwy 100 and James Circle. Expenditures from this fund after May 18 2009 fund may only be used for debt service payments and limited expenditures of up to 25% of the increment collected. Included in this 25% cap is a requirement that 15% of all increments collected during the life the district must be used in support of moderate and low income housing projects. 2010 programmed expenditures; $3,674,662. TIF District #4 In support of goal #2 this fund accounts for all revenues and expenditures from District 4. Funds from this district were used to clean up a contaminated site for redevelopment. The resulting redevelopment includes, Wickes Warehouse, Toro Distributing, Caribou Coffee corporate headquarters and other projects with an estimated market value of $20,000,000 with more than 400 jobs. Prior to redevelopment the property had a $2,000,000 assessed market value. The expected decertification date for this pay -as -you go district is 2020; 2010 programmed expenditures; 305,189. City Initiatives Grants Fund This fund accounts for a variety of special purpose grants. The grants include, Miscellaneous • Police Grants, Auto Theft Grants, COPS Grants and Recreation Grants. 2010 programmed 9 expenditure from the fund, Grants from this fund will be used to support the Juvenile • Intervention Officer within the police department. This position will be federally funded for three of four years. The Recreation grants include a first time capacity building grant directed at meeting the recreational needs of underserved populations. Programmed 2010 expenditures is $ 195,577. DEBT SERVICE FUNDS The debt service fund tracks revenues and processed payments for bonds issued to the City for various purposes. The outstanding bonds include Street Improvement Bonds, Police and Fire Building Refunding Bonds, and Tax Increment Bonds. The 1997 Street Improvement Bonds will mature on February 1, 2010. 2010 programmed expenditures for all debt service is $5,389,467. CAPITAL PROJECT FUNDS Capital Improvement Fund In support of City Goal #4 Infrastructure maintenance and improvement, the Capital Improvements Fund accounts for the monies available from many sources i.e. general fund, enterprise funds and utility funds to pay for government buildings, park improvements and to purchase land for public use such as parks and public facilities. The CIP includes a twelve (12) year forecast of capital needs in the park system. The 2010 program includes Shingle Creek Trail improvements, Arboretum South Parking lot improvements, West Central Park Trail Rehabilitation and 68 avenue Sidewalk replacement. 2010 Programmed expenditures; $390,000. Infrastructure Construction Fund Also in support of goal #5, the Infrastructure Construction Fund, formerly the Special Assessment Construction Fund accounts for the financing of improvements funded all in part by special assessments and transfers from public utility funds. The 2010 program includes the Dupont Avenue, Twin Lake North/Lakeside and Vincent Neighborhood projects; 2010 planned expenditures $10,865,285. MSA Fund Also in support of goal 45 the MSA fund accounts for the use of State share gasoline tax revenue used for maintenance and reconstruction MSA designated thoroughfares. 2010 programmed expenditures; $1,290,900. 10 Street Reconstruction Fund • In support of goal #5 the Street Reconstruction Fund accounts for revenue used for reconstruction of streets. A majority of these funds are derived from Franchise Fees. The estimated franchise fee revenue in 2010 is $686,071. 2010 programmed expenditure; $1,503,000. Earle Brown Heritage Center Capital Fund In support of goal #5, the EBHC capital fund provides for the, repair and replacement of depreciated and or obsolete capital items. As part of a thirty year plan, 2010 programmed expenditures include Blacksmith Shop and Stable Roof replacement/repairs, Chiller p p Replacement, Electronic Reader Boards and Security System improvements. 2010 planned expenditures; $366,000 Technology Capital Fund In support of goal #5, the technology Fund serves as a mechanism to fund and plan for capital projects related to communication and electronic technology acquisition and replacement. Revenue to this fund in 2010 is a $70,000 general fund transfer plus $1,908 of interest earnings. Projects included in the 2010 program are server upgrades, network hardware, network infrastructure, security card access, telephone /voice mail system and security monitoring • equipment. 2010 programmed expenditures; $91,345. ENTERPRISE FUNDS Liquor Fund In support of safe community goal #1 and the ongoing goal to reduce property taxes, the City manages a municipal liquor operation. This fund accounts for all revenues and expenditures related to the operation of two municipal liquor stores. Revenue growth and profitability is expected to continue in 2010. A fund equity transfer of $200,000 was made into the Capital Projects Fund in 2008 to jump start the implementation of the recently completed General Buildings maintenance and repair plan. In addition the operating transfer into the Capital Projects Fund was increased from $125,000 to $135,000 so that the General Building Maintenance Plan could be funded for at least three years. In 2009 we entered into a new lease for Store #1 on Bass Lake Road. The new lease added 1,350 square feet of space to provide for much needed storage which allow increased profitability by expanding bulk purchases. In 2010 the liquor fund will transfer $208,690 to other fund projects and operations. In 2010 programmed net income; after transfers to other funds is $106,546. • 11 Centerbrook Golf Course Operating Fund This fund accounts for the revenues and expenditures of the nine- hole golf course owned and operated by the City of Brooklyn Center. 2010 estimate approximately 22,000 rounds of golf which is less than peak years of the past. 2010 programmed net income after capital outlay and depreciation; ($51,811). Earle Brown Heritage Center Operating Fund The Earle Brown Heritage Conference Center provides a community resource for events and meetings while preserving an historical landmark of the community. This Fund accounts for all revenues and expenses associated with conference, meeting and leasing activities hosted by the Center including the maintenance repair of the facility itself. Next year revenues and profitability are expected to decline or remain relatively flat due the poor economy. The staff is encouraged by the 2009 mid -year opening of the Embassy Suite Hotel. Staff is involved in discussions with Embassy Suites owners regarding the lease of the D -barn for the Hotel Spa and the completion of a walk link between the Hotel and the conference center which is expected to be constructed in 2010. We estimate 2010 annual cash flow after depreciation and capital transfer will be break- even. PUBLIC UTILTY FUNDS . Water Utility Fund This fund provides for the distribution of potable water to customers. It includes funding for the operations, administration and water utility billing. In 2009 we completed installation of a new automated meter reading system throughout the City improving efficiency, reliability and customer service. In 2010 we will implement the State mandated conservation water rate fee system. The 2010 rate per 1000 gallons will increase from $1.29 to $ 1.34 to provide for the ongoing cost of operations and capital needs. Substantial water main improvements are expected to be completed in association with the neighborhood street project of 2010. 2010 programmed expenditures; $2,612,330. Sanitary Sewer Utility Fund This fund provides funding for the collection and conveyance of wastewater through a system of mains and lift stations. This fund also provides for routine and preventive maintenance of the system. The 2010 single family rates will increase from $63.24 to $63.89 per quarter to provide for the going maintenance and capital needs of the system. Significant system improvements are expected as part of the neighborhood reconstruction program of 2010.2010 programmed expenditures; $4,048,759. i 12 • Storm Sewer Utility Fund This fund provides for the collections and management of storm water throughout the city in compliance with State and Federal regulatory requirements. As part of the 2010 neighborhood street reconstruction program significant storm drainage improvements are planned. The single family storm drainage fees for 2010 will be $ 14.34 compared to $14.19 in 2009. The 2010 programmed expenditures for this activity is $2,401,797. Street Lighting Fund This fund provides for electrical and maintenance fees paid to Xcel Energy for street lights owned by Excel Energy. It also provides for electrical service, maintenance, repair and replacement of lights owned by the City. The City owns ornamental lights in the Earle Brown commercial area, along Brooklyn Blvd and Xerxes Avenue. The City also leases 915 lights from NSP. The street light utility fee will increase from $3.73 to $3.84 per quarter. With the completion of the Bass Road streetscape project additional lights will be added to the City inventory; 2010 planned expenditures; $309,332. - Recycling Fund This fund accounts for the operation and administration of the City's state - mandated curbside recycling program. Revenues are from customer service fees with expenses comprised of • payments to the Hennepin County Recycling Group, a four city consortium. The recycling rate for 2010 will be $8.27 per quarter. The 2010 programmed expenditures are $ 273,087. INTERNAL SERVICE FUNDS Central Garage Fund The Central Garage Fund accounts for the expense associated with providing services and fuel for a wide range of City vehicles such as fire trucks, squad cars, dump trucks, mowers, loaders, pickups and staff cars. In addition the Garage services minor equipment such as chain saws, trailer pumps and generators. When the garage provides these services the direct and indirect costs are allocated to the department benefiting from the service. All revenue into this fund comes from other City sources. So revenues and expenditures in this operation do not represent additional income or additional expenses to the City. The fund is strictly used to keep track of the costs so that the appropriate City agency is charged. Due to revenue constraints, the rate of contributions to this fund has been reduced in recent years. In future years it will be important to escalate the rate of contribution to assure adequate pay as you go funding. 2010 programmed net operating income; expenditures $1,406,346. 13 Post Employment Retirement Benefit In support of the ongoing Council goal of assuring financial stability, Post Employment pp g g g g Y� Retirement Fund has been established as a sinking fund used to fund health insurance for eligible retired employees. On January 1, 2005, the City Council limited the number of employees eligible for certain post retirement benefits. 2010 programmed expenditures; $ 118,640. Employee Compensated Absences Fund This fund accounts for employees' compensated absences and the resulting liability to the City. Compensated absences include accrued vacation and sick time earned in accordance with City policy. 2010 programmed expenditures; $15,000. • 14 City of Brooklyn Center HRA Agenda Item Memorandum TO: Curt Boganey, Executive Director FROM: Daniel Jordet, Assistant Treasurer DATE: 8 December 2009 SUBJECT: 2010 Housing and Redevelopment Authority Budget Recommendation: It is recommended that the Commissioners of the Brooklyn Center Housing and Redevelopment Authority adopt the attached resolutions establishing the tax levy and operating budget for the 2010 fiscal year. Background: The HRA adopted a preliminary resolution for property tax levy payable in 2010. • That levy was based on the extension rate of 0.0185% of taxable market value. It produced a preliminary levy of $ 349,745. Those funds, when collected, are transferred in full from the HRA to the EDA for economic and community development operations. Financial Impact: The HRA transfers all dollars collected by its levy to the EDA leaving a zero sum for annual operations. Member introduced the following resolution and moved its • adoption: HRA RESOLUTION NO. RESOLUTION ESTABLISHING A FINAL PROPERTY TAX LEVY FOR THE PURPOSE OF DEFRAYING THE COST OF OPERATION, PROVIDING INFORMATIONAL SERVICES AND RELOCATION ASSISTANCE PURSUANT TO THE PROVISIONS OF MINNESOTA STATUTES CHAPTER 469.033 FOR THE CITY OF BROOKLYN CENTER HOUSING AND REDEVELOPMENT AUTHORITY FOR FISCAL YEAR 2010 WHEREAS, Minnesota Statutes require that the final property tax levy be provided to the Hennepin County Auditor no later than December 28, 2009, for taxes payable in calendar year 2010. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority of the City of Brooklyn Center, Minnesota that a special tax is hereby levied on all taxable real and personal property within the City of Brooklyn Center at the rate of 0.0185% of the total market value of real and personal property situated within the corporate limits of the City of Brooklyn Center that is not exempted by law. • BE IT FURTHER RESOLVED that the p roperty tax levied under this resolution be used for the operations and activities of the Housing and Redevelopment Authority of the City of Brooklyn Center pursuant to Minnesota Statutes Chapter 469.001 to 469.047. December 14, 2009 Date Chair The motion for adoption of the forgoing resolution was duly seconded by member and upon vote being taken thereon, the following voted in favor thereof: and the following voted against same: whereupon said resolution was declared duly passed and adopted. Member introduced the following resolution and moved its adoption: HRA RESOLUTION NO. RESOLUTION APPROVING THE FINAL BUDGET FOR THE CITY OF BROOKLYN CENTER HOUSING AND REDEVELOPMENT AUTHORITY PURSUANT TO MINNESOTA STATUTES CHAPTER 469 WHEREAS, the Housing and Redevelopment Authority of City of Brooklyn Center has considered the final budget for Fiscal Year 2010. NOW, THEREFORE, BE IT RESOLVED by the Housing and Development Authority of the City of Brooklyn Center, Minnesota that revenues and appropriations for the Housing and Redevelopment Authority are hereby adopted as follows: Housing_ and Redevelop_ ment Authoritv Revenues Property Taxes $ 349,745 Total Housing and Redevelopment Authority $ 349.745 S Appropriations Transfer to EDA Fund $ 349,745 Total Housing and Redevelopment Authority $ 349.745 December 14, 2009 Date Chair The motion for adoption of the forgoing resolution was duly seconded by member and upon vote being taken thereon, the following voted in favor thereof: and the following voted against same: whereupon said resolution was declared duly passed and adopted. •