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HomeMy WebLinkAbout2013 07-15 CCM Joint Work Session with Financial CommissionMINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA JOINT WORK SESSION WITH FINANCIAL COMMISSION JULY 15, 2013 CITY HALL - COUNCIL CHAMBERS CALL TO ORDER The Brooklyn Center City Council met in Joint Work Session with the Financial Commission and the session was called to order by Mayor Tim Willson at 6:34 p.m. ROLL CALL Mayor Tim Willson and Councilmembers Carol Kleven, Kris Lawrence-Anderson, Lin Myszkowski, and Dan Ryan. Also present: City Manager Curt Boganey, Finance Director Dan Jordet, and Deputy City Clerk Maria Rosenbaum. Others present were Financial Commissioners Patricia Glenn (arrived at 6:39 p.m.), Teneshia Kragness (arrived at 6:40 p.m.), Dan Schueller (arrived at 6:35 p.m.), Rex Newman, and Dean Van Der Werf. PROPERTY TAX LEVY FOR 2014 City Manager Curt Boganey discussed this evening would provide an opportunity to discuss and get direction on the establishment of a preliminary Property Tax Levy for 2014. Since the last meeting on July 1, 2013, materials relating to new regulations and present alternatives for the 2014 Brooklyn Center Property Tax Levy had been prepared for review and discussion. The final valuations have not been established and staff will use the current available property valuations to illustrate the property tax impact of the alternatives on various classes and value of property. Finance Director Dan Jordet outlined a PowerPoint discussing the Legislatures expanded allotment of Local Government Aid (LGA), the implementation of a property tax levy limit of one year, and the effect of the levy limit calculation allowing for increase larger than three percent. He provided 2012 and 2013 levy limit implications; scenarios for City Goal and Levy Limit Maximums for 2014 property tax levies; illustrations of tax capacities for 2013 and 2014; year comparisons for 2011-2014 General Fund Revenues, General Fund Revenue Sources, Non- Tax General Fund Revenues; and outlined Revenue Alternatives and Expenditures. There was discussion regarding the materials presented and the concern of the high increase that will take place with commercial/industrial properties. It was noted that the City will need to make sure good dialogue and feedback takes place with commercial/industrial property owners, along with an analysis, to monitor this carefully. Even though this is a State formula it will be important to work with the commercial/industrial property owners. 07/15/13 -1- There was consensus for staff to move forward with preparing numbers with a 3.0 percent and 5.7 percent property tax levy along with moving forward developing the expenditure side of the budget. An analysis on the impact of commercial/industrial properties will also be prepared to see the impact and help with the decision on whether or not to use LGA. MISCELLANEOUS City Manager Boganey asked if the continued discussion that was to take place on July 22, 2013, at the City Council Work Session can be deferred to the August 5, 2013, Joint Work Session with Financial Commission due to his unexpected absence this week. It was noted that was acceptable. It was noted that Walmart has been improving their appearance and business. ADJOURNMENT Councilmember Ryan moved and Councilmember Myszkowski seconded to adjourn the Work Session at 7:58 p.m. Motion passed unanimously. 07/15/13 -2- City Clerk STATE OF MINNESOTA) COUNTY OF HENNEPIN) ss. Certification of Minutes CITY OF BROOKLYN CENTER) The undersigned, being the duly qualified and appointed City Clerk of the City of Brooklyn Center, Minnesota, certifies: 1.That attached hereto is a full, true, and complete transcript of the minutes of the of the City Council of the City of Brooklyn Center Joint Work Session with Financial Commission held on July 15, 2013. 2.That said meeting was held pursuant to due call and notice thereof and was duly held at Brooklyn Center City Hall. 3. That the City Council adopted said minutes at its August 12, 2013, Regular Session. Mayor 07/15/13 -3-