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HomeMy WebLinkAbout2011 07-21 FCA AGENDA Brooklyn Center Financial Commission Thursday, July 21, 2011 — 6:30 PM All America Conference Room (Main Level of City Hall) I. Call to Order II. Approval of Agenda III. Approval of Minutes a. May 19, 2011 IV. Review of Information on Account Collections V. Review of Commission Attendance Information VI. Update on Prior Issues a. RFP for Insurance Agent b. RFP for Financial Advisor VII. Other Business a. Joint Meeting with City Council on August 3, 2011 b. Joint Meeting with City Council on August 15, 2011 c. Joint Meeting with City Council on August 29, 2011 d. Other Commission Business VIII. Adjournment Financial Commission Regular Meeting Minutes 19 May 2011 1. Call to Order The meeting was called to order by Newman at 7:42 PM Members Present: Commissioners Newman, Landis, Schueller and Agbssou. Members Absent: Berglin and Plunkett. Council Member Roche was absent. Staff present was Director of Fiscal & Support Services Jordet. 2. Adoption of the Agenda Without objections, the Agenda was declared adopted as presented. 3. Minutes Mr. Schueller moved adoption of the minutes from the 17 March 2011 meeting. Mr. Landis seconded the motion. With all present voting in favor of the motion the Minutes for the 17 March 2011 meeting were declared adopted as presented. 4. Review of RFP for Financial Advisor Mr. Jordet explained the policy requirements for RFP's being issued on a regular basis. He then reviewed the RFP for Financial Advisory Services specifically and explained the process as it will involve the Financial Commission. Mr. Landis moved that the RFP for Financial Services be recommended to the City Council. Mr. Schueller seconded the motion. With all present voting in favor, the motion was adopted. 5. Update on Prior Issues Mr. Jordet informed the Commission that the City Council had received its memorandum about the use of State revenue and had accepted it with appreciation. Mr. Jordet informed the Commission that the RFP's for Insurance of Record had been distributed and that several firms had expressed interest in submitting proposals. 1 6. Other Business The question of Commission member attendance was raised. In the enabling resolution for the Commission, adopted by the Council in 1991 and revised through 1999, a section labeled Resignations-Removal from Office states that a Commissioner may resign voluntarily, or will be considered to have automatically resigned after three consecutive unexcused absences or unexcused absences from a majority of Commission Meetings within one year. Mr. Jordet was asked to tally the attendance record for the Commission from 1 January 2010 to the present and report to the next Commission meeting. No other business was brought before the Commission. 7. Adjournment With no other business to transact, the meeting was adjourned at 8:08 PM. 2 Memorandum Date: 18 July 2011 To: Financial Commission From: Daniel Jordet, Director of Fiscal & Support Services Re: Utility Account Collections Discussion Attached are the minutes from the last meeting at which this topic was discussed. Finance staff is finishing assembly of some of the items discussed so that they may be considered in the discussion. 3 MMIC Financial Commission Regular Meeting Minutes 21 July 2011 1. Call to Order The meeting was called to order by Newman at 7:03 PM Members Present: Commissioners Newman, Landis, Plunkett and Agbssou. Members Absent: Schueller (excused), Van Der Werf (excused), and Berglin (unexcused). Council Member Roche was present. Staff present was Director of Fiscal & Support Services Jordet. 2. Adoption of the Agenda Without objections, the Agenda was declared adopted as presented. 3. Minutes Mr. Landis moved adoption of the minutes from the 19 May 2011 meeting. Ms. Plunkett seconded the motion. With all present voting in favor of the motion the Minutes for the 19 May 2011 meeting were declared adopted as presented. 4. Review of Information on Acccount Collections Mr. Jordet reviewed the prior conversation about billings and collections and distributed some additional material about comparison cities. Additional points of discussion included reporting of payment status to consumer credit rating agencies, preprinting payment terms and consequences on the back of billing forms, assessment of unpaid bills with interest, marking on envelopes that the envelope includes the utility bill, skipping the first letter in the assessment process, and a range of write off options ranging from any final bills to no write offs at all. It was decided that the Commission would follow the same procedure as used for the Council request on LGA and review a draft memorandum of response to the City Council at its next meeting. 5. Commission Attendance Information Mr. Jordet Reviewed the Financial Commission attendance record compiled for meetings in 2010 and 2011. It was noted that Mr. Berglin's unexcused absences (four) exceeded the number specified in the enabling resolution (three consecutive) that constitute an automatic resignation from the Commission. As per the enabling resolution, Mr. Roche will inform the City Council of the resignation. 6. Update on Prior Issues RFP's for Insurance Agent of Record were reviewed, interviews conducted with two of the five proposers, references checked on those two firms, and a recommendation developed. On Monday, 25 July 2011, the City Council will consider a resolution appointing Northern Capital Insurance Group as agent of record for the City. RFP's for Financial Services Advisor were distributed and all firms receiving the RFP (four) indicated that they will respond. 7. Other Business Mr. Newman brought attention to the calendar of upcoming meeting with the City Council to consider the 2012 budget. No other business was brought before the Commission. 7. Adjournment With no other business to transact, the meeting was adjourned at 7:45 PM. A3r Financial Commission Regular Meeting Minutes 20 September 2010 1. Call to Order The meeting was called to order at 6:33 PM by Mr. Newman. Members Present: Commissioners, Newman, Landis, Plunkett, Agbossou and Schueller and Council Member Ryan. Staff present were City Manger Boganey and Director of Fiscal & Support Services Jordet. 2. Agenda Mr. Landis moved adoption of the Agenda. Mr. Agbossou seconded the motion. With all voting in favor, the Agenda was adopted 3. Introductions and Materials Ms. Plunkett and Mr. Agbossou were introduced as the most recent Commission appointees. 4. City Financial.Condition Mr. Jordet briefly reviewed the status of the 2010 budget as of 30 August 2010, 5. 2011 Budget Status. Mr. Jordet reviewed the City Council actions on preliminary budget and preliminary tax levy adoption. He also reviewed the remaining joint work session schedule and topics for completion of the 2011 budget process. 6. Discussion of City Billing and Collections Practices The City Council has asked that the Financial Commission review the collection of utility accounts in order to discover whether there is a way to reduce the number and amount of delinquent utility bills that must be assessed. Questions about the process included what the current process is (explained by Mr. Jordet, what other cities do (suggestion that staff check with the"comparison cities', what results do cities who bill on a monthly basis rather than a quarterly basis get, what is the cost to the City for collections outside the regular payment process, and what percentage of the utilities that are assessed are actually collected? Several potential actions were discussed, including monthly billing, monthly payment plans, credit card payments, ACH pa_ yments, an early pay discount, raising the penalties for late payment, raising the fees for assessment of utility bills.There were other questions about the demographics of the owners of properties that are assessed for non- payment of utility bills. Staff will pursue responses to these questions and develop a report to be delivered to the Financial Commission during the first quarter of 2011. 8. Adjournment With no other business to transact, the meeting was adjourned at 8:12 PM. 4 Memorandum Date: 18 July 2011 To: Financial Commission From: Daniel Jordet, Director of Fiscal & Support Services Re: Commission Attendance At the 19 May 2011 regular meeting of the Financial Commission staff was asked to assemble the attendance record for members from 2010 and 2011. That record is attached. Also attached is a copy of the City Council resolution governing the formation and operation of the Financial Commission. On the third page of that resolution I have bracketed the information about attendance requirements and sanctions. This item has been placed on the agenda for the 19 July 2011 regular meeting. 5 City of Brooklyn Center' Financial Commission Attendance Tally 2010 Calendar Year Meeting Dates Type Newman Shogren-Smith Berglin Schueller Landis Agbossou Plunkett 3/30/2010 Regular X X X X X - - 6/7/2010 Regular X X X X X - - 6/2112010 Joint w/Council X X X X X - - 7/19/2010 Joint w/Council X X E X E - - 8/4/2010 Joint w/Council X E U X X - - 8/16/2010 Joint w/Council X E X X E - - appointed 8123110 8/30/2010 Joint w/Council X X U E E - X appointed 9113110 9/20/2010 Regular X E U X X X X 11/1/2010 Joint w/Council X X U X X X X °- 2011 Calendar Year 1/20/2011 Regular X U E X X X U 3/17/2011 Regular X U U X X X X 5/19/2011 Regular X resigned U X X X E 6/6/2011 Joint w/Council X - U X X X U X =Present !� E =Absent/Excused U =Absent/Unexcused RESOLUTION NO. 91-115 RESOLUTION NO. 92-99 RESOLUTION NO. 92-168 RESOLUTION NO. 95-78 RESOLUTION NO. 98-13 RESOLUTION NO. 99-110 RESOLUTION ESTABLISHING A BROOKLYN CENTER FINANCIAL COMMISSION AND DEFRRNG DUTIES AND RESPONSIBILITIES WHEREAS,the Brooklyn Center City Council established by Resolution Nos.91-115 and 92-99 an ad hoc task force for the express purpose of reviewing the fiscal impacts of State of Minnesota budgetary problems on Brooklyn Center and assisting the City Council in formulating priorities and responses to a limited fiscal resource situation; and WHEREAS, on June 22, 1992,the ad hoc City Financial Task Force presented to the City Council a report entitled "General Fund Budget Prioritization Process"which was accepted by the City Council; and WHEREAS, there is an ongoing need to formulate priorities and responses to continuing limited fiscal resources. NOW,THEREFORE,BE IT RESOLVED by the Brooklyn Center City Council that there is hereby established within the City of Brooklyn Center an advisory Financial Commission as follows: Subdivision 1. TITLE: This organization shall be known as the Brooklyn Center Financial Commission. Subdivision 2. SCOPE: The scope of activity of this Commission shall consist of advising the City Council regarding matters relevant to the City's financial status. Subdivision 3. PURPOSE: The Commission shall serve as an advisory body to assist the City. Council in evaluating and developing fiscal policies, fiscal procedures, Mayor and Council Member total compensation,budgetary and capital matters, and such other issues as may be assigned to the Commission by the City Council or referred to it by the City Manager. The Commission may also identify and recommend to the City Council issues and matters for Commission and/or staff review. Subdivision 4. COMPOSITION: The Commission shall be composed of a chairperson and six (6) members, all of whom shall be appointed and serve as set forth in Subdivision 5. Subdivision S. MEMBERS METHOD OF SELECTION-TERM OF OFFICE- REMOVAL: Chairperson: The Chairperson shall be elected by majority vote of the Financial Commission membership. The election shall be conducted at the Financial Commission's first regular meeting of the calendar year, or in the case of a vacancy, within two regularly scheduled Financial Commission meetings from the time a vacancy of the chair occurs. The Chairperson may be removed by majority vote of the Financial Commission membership. The Chairperson shall assure fulfillment of the following responsibilities in addition to those otherwise described herein: 1. Preside over meetings of the Commission; 2. Appear or appoint a representative to appear,as necessary,before the City Council to present the viewpoint of the Commission in matters relevant to the City's financial status as it relates to business under consideration by the City Council; 3. Review all official minutes of the City Council and other advisory commissions for the purpose of informing the Financial Commission of matters relevant to city finances. Vice Chairperson: A Vice Chairperson shall be appointed annually by the Chairperson from the members of the Commission. The Vice Chairperson shall perform such duties as may be assigned by the Chairperson and shall assume the responsibilities of the chair in the absence of the Chairperson. Members' Term of Office: Members of the Commission shall be appointed by the Mayor with majority consent of the Council. The terms of office shall be staggered three-year terms, except that any person appointed to fill a vacancy occurring prior to the expiration of the term for which his or her predecessor was appointed shall be appointed only for the remainder of such term. Upon expiration of his or her term of office, a member shall continue to serve until his or her successor is appointed and shall have qualified. Terms of office for members of the Commission shall expire on December 31 of respective calendar years. In the event an appointed Commissioner suffers from an extended illness, disability, or other activity preventing proper fulfillment of duties, responsibilities, rules and regulations of the Commission,the Commissioner maybe temporarily replaced by an interim Commissioner appointed by the Mayor with majority consent of the City Council. 8 Oualifications for Membership: Members of the Commission shall be residents of the City of Brooklyn Center while serving on the Commission and have an interest in the financial operations of the City. Representation Requirements: Members shall be appointed upon the basis of qualification and interest and to reflect a general representation of the diversity of the community. Conflict of Interest: Commissioners shall comply with provisions of the City of Brooklyn Center's business ethics policy. Resignations-Removal from Office-Vacancies: Commissioners may _resign voluntarily or may be removed from office by the Mayor with consent by majority vote of the City Council. Three consecutive unexcused absences from the duly called Commission meetings or unexcused absences from a majority of duly called Commission meetings within one calendar year shall constitute automatic resignation from office. The City Council liaison shall inform the Mayor and City Council of such automatic resignations. Vacancies in the Commission shall be filled by Mayoral appointment with majority consent of the City Council. The procedure for filling Commission vacancies is as follows: 1. Notices of vacancies shall be posted for 30 days before any official City Council action is taken; 2. Vacancies shall be announced in the City's official newspaper; 3. Notices of vacancies shall be sent to all members of standing advisory commissions; 4. Applications for Commission membership must be obtained in the City Clerk's office and must be submitted in writing to the City Clerk; 5. The City Clerk shall forward copies of the applications to the Mayor and City Council; 6. The Mayor shall identify and include the nominee's application form in the City Council agenda materials for the City Council meeting at.which the nominee is presented; 7. The City Council, by majority vote, may approve an appointment at the City Council meeting at which the nominee is presented. Compensation: Commissioners shall serve without compensation. 9 Subdivision 6. RULES AND PROCEDURES: The Commission shall adopt such rules and procedures not inconsistent with these provisions as may be necessary for the proper execution and conduct of business. Subdivision 7. MEETINGS: The _initial meeting of the Commission shall be convened at the call of the Chairperson within thirty(30) days after appointment by the Council. Thereafter, regular meetings shall be held with date and time to be determined by the Commission. Special meetings may be called by the Chairperson. Subdivision 8. STAFF: The City Manager shall assign one member of the administrative staff to serve as staff to the Commission. The staff member assigned shall perform such clerical and research duties on behalf of the Commission as may be assigned the City Manager. Subdivision 9. EX OFFICIO MEMBERS: The Mayor, or his or her City Council designee, shall serve as an ex officio member of the Commission,privileged to speak on any matter but without a vote, and shall provide a liaison between the Commission and the City Council. 10 2012 Budget Calendar (all meeting dates are in 2011 unless otherwise noted) ON Council Meeting Schedule 2012 Budget (revised) August 3 (Wed) 6:30 PM Tax Base, Tax Levy and Revenue Issues August 15 6:30 PM Capital Improvements Plan Capital Project Funds August 29 6:30 PM Governmental Funds and Tax Levy (General Fund, Grant Funds, TIF Funds, Debt Service Funds) including staffing implications September 6 (Tue) 6:30 PM Governmental Funds and Tax Levy (General Fund, Grant Funds, TIF Funds, Debt Service Funds) including staffing implications September 12 7:00 PM Adopt Preliminary 2012 Tax Levy and Budget October 17 6:30 PM Utility Funds and Rates November 7 6:30 PM Enterprise and Internal Service Funds November 28 7:00 PM Adopt Utility Rates for 2012 Adopt Pay Plan/Cafeteria Contribution for 2012 December 5 7:00 PM 2012 Budget and Taxation Presentation and Hearing December 12 7:00 PM Adopt Final 2012 Tax Levy Adopt Final 2012 Budgets 11 This page has been left blank intentionally. 12 BROOKLYN CENTER FINANCIAL COMMISSION Chairperson and six members (revised July 2011) Rex Newman Steve Landis 3107 61st Avenue North 7118 Grimes Avenue North Brooklyn Center, MN 55429 Brooklyn Center, MN 55429 RexNewman @comcast.net landis.steve @gmail.com (763) 561-2760 (h); (763) 391-4921 (w) (763) 503-7899 Appointed: 1/8/2007 Appointed: 2/10/2010 Term expires: 12/31/2011 Term Expires: 12/31/2012 Philip Berglin Teneshia Plunkett 601 Bellvue Avenue 5906 Vincent Avenue North Brooklyn Center, MN 5430 Brooklyn Center, MN 55430 pberglin@gladiusbar.com tplunkett@ymaii.com (763) 549-5542 (h); (763) 862-7300 (w) (763) 412-7248 (c) Appointed: 4/23/2007 Appointed: 8/23/2010 Term expires: 12/31/2013 Term Expires: 12/31/2011 Dan Schueller Koffi Agbossou 5937 Emerson Avenue North 1300 67th Avenue North Brooklyn Center, MN 55430 Brooklyn Center, MN 55430 dschue5 @yahoo.com ezekiel5@hotmail.fr (763) 566-6417 (763) 291-8295 Appointed: 1/11/2010 Appointed: 9/13/2010 Term Expires: 12/31/2011 Term Expires: 12/31/2013 Dean Van Der Werf 6736 Regent Avenue North Brooklyn Center, MN 55429 derwerf @comcast.net (763) 561-0146 (h); (612) 386-8395 (c) Appointed: 7/11/2011 Term Expires: 12/31/2012 2011 City Council Liaison: Tim Roche (v) (763) 569-3447 councilmemberroche @ci.brooklyn-center.mn.us City Manager: Curt Boganey (w) (763) 569-3303 cboganey @ ci.brooklyn-center.mn.us Director of Fiscal & Support Services: Daniel Jordet (w) (763) 569-3345 djordet @ ci.brooklyn-center.mn.us [July 18, 2011] Comparative Utility Billing Practices Late Billing Assessment Assessment Payment Account Frequency Frequency Fee Penalty Write-Offs Richfield Q Annual $ 50.00 10% No Roseville Q Quarterly $ - 10% No - City Attorney opinion to assess ALL Fridley Q Annual $ - 10% Rarely Shoreview Q Annual $ - 10% Rarely - new owner (few foreclosures) Golden Valley Q Annual $ 30.00 10% Under $ 10.00 Brooklyn Center Q Semi/Annual $ 30.00 10% Under $ 25.00 7/21/2011 Memorandum Date: 1 March 2010 To: Curt Boganey City Manager From: Daniel Jordet Director of Fiscal & Support Services Re: Certification of Delinquent Utility Bills Each spring and fall, the City of Brooklyn Center certifies delinquent utility bills to Hennepin County for collection as part of the ensuing year's property tax bill. This process starts with a letter to the customer notifying them that their account is past due and that the amount will be certified against their property taxes. This first letter details the process and the legal authority for certification. Customers are given the opportunity to pay their outstanding bill without additional penalty prior to this certification. Some customers respond to this letter and pay their bills. Some do not. Those that do not receive a second letter indicating that their account will be certified for collection with property taxes following a public hearing. The date, time and location for the public hearing are included in this notice. Again, some customers will pay their account balances after receipt of this letter while some do not. Over the past few years the numbers of customers and the dollar amounts in question have been as follows: Number of Accounts 2007 2008 2009 2010 Spring Fall Spring Fall Spring Fall Spring Fall 1st Letter 1,231 1,372 1,462 1,470 1,417 1,254 1,282 2nd Letter 756 802 960 965 985 810 859 Final Assessment 604 662 794 838 779 638 684 Dollar Values 2007 2008 2009 2010 Sprinq Fall Spring Fall Spring Fall Spring Fall 1 st Letter 329,512.91 353,887.75 349,170.57 415,146.42 394,132.56 329,126.75 346,266.22 2nd Letter 260,158.91 231,049.14 294,841,65 307,484.82 329,763.77 255,163.81 273,254.88 =inal Assessment 222,408,60 197,452.01 249,602.10 276,533.13 258,617.12 205,993.76 224,410.73 Memorandum Date: 7 September 2010 To: Curt Boganey City Manager From: Daniel Jordet Director of Fiscal & Support Services Re: Certification of Delinquent Utility Bills Each spring and fall, the City of Brooklyn Center certifies delinquent utility bills to Hennepin County for collection as part of the ensuing year's property tax bill. This process starts with a letter to the customer notifying them that their account is past due and that the amount will be certified against their property taxes. This first letter details the process and the legal authority for certification. Customers are given the opportunity to pay their outstanding bill without additional penalty prior to this certification. Some customers respond to this letter and pay their bills. Some do not. Those that do not pay receive a second letter indicating that their account will be certified for collection with property taxes following a public hearing. The date, time and location for the public hearing are included in this notice. Again, some customers will pay their account balances after receipt of this letter while some do not. Those that do not pay after the second letter are included in the final assessment roll. The numbers of customers and the dollar amounts in question are as follows: Number of Accounts 2010 Sprinq Fa II 1st Letter 1,282 1,284 2nd Letter 859 789 Final Assessment 684 Dollar Values 2010 Sprinq Fa II 1st Letter $ 346,266.22 $ 311,366.26 2nd Letter $ 273,254.88 $ 240,384.76 Final Assessment $ 224,410.73