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HomeMy WebLinkAbout2014 12-01 CCM 2015 Budget Hearing MINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA 2015 BUDGET HEARING DECEMBER 1, 2014 CITY HALL—COUNCIL CHAMBERS 1. CALL TO ORDER The Brooklyn Center City Council met for the 2015 Budget Hearing called to order by Mayor Tim Willson at 7:04 p.m. 2. ROLL CALL Mayor Tim Willson and Councilmembers Carol Kleven, Lin Myszkowski, and Dan Ryan. Councilmember Kris Lawrence-Anderson was absent and unexcused. Also present were City Manager Curt Boganey, Finance Director Nate Reinhardt, and Deputy City Clerk Maria Rosenbaum. 3. PRESENTATION ON BUDGET PROCESS AND PROPOSED 2015 BUDGETS City Manager Curt Boganey discussed the purpose of this hearing, outlined the budget process, and noted the budget is the culmination of a consensus building, priority setting process that began with the development of a multi-year strategic plan; which clarifies values and establishes goals and strategic priorities. Finance Director Nate Reinhardt outlined a PowerPoint with the Recommended Budget and Tax Levy for 2015. The proposed Pay 2015 City Levies are as follows: General Fund Operations $14,332,534 Public Improvement Bond—Debt Service 396,496 Abatement for Economic Development 49,000 Total 2015 Proposed City Levy $14,778,030 The 2015 Levy is a $417,060 (2.90%) increase from 2014. The Housing and Redevelopment Authority Levy is $280,460, which is a$1,650 decrease from 2014. Finance Director Reinhardt also discussed the 2015 General Fund Revenues, Sources of Revenues, Expenditures, Expenses, Expenses by Function, and the Capital Improvement Projects. There was discussion regarding the $12.98 million proposed for the 2015 Capital Improvements and what the breakdown is for the Amphitheater funding. 12/01/14 -1- 4. PRESENTATION ON PROPOSED PROPERTY TAXES PAYABLE IN 2015 Finance Director Reinhardt discussed an Introduction on Property Taxes, How Property Taxes are Distributed, Market Values for Pay 2015 Compared to 2014, Taxable Capacity Pay 2014 Compared to 2015, Median Residential Values, Median-Value Home Property Tax, and outlined properties that will have taxes going up and down. 5. OPPORTUNITY FOR PUBLIC COMMENT AND QUESTIONS Councilmember Ryan moved and Councilmember Kleven seconded to open the meeting for public comment and questions. Motion passed unanimously. No one who wished to speak for public comment and questions. Councilmember Myszkowski moved and Councilmember Ryan seconded to close the meeting for public comment and questions. Motion passed unanimously. 6. REVIEW REMAINING ACTIONS FOR ADOPTION Finance Director Reinhardt discussed that the City Council will consider adoption of the final Property Tax Levy, 2015 City Budget, and Capital Improvement Plan at its City Council meeting this evening and if there is a need to have a continuation of the Budget Hearing it will be held on December 8, 2014. 8. ADJOURN The adjournment of the 2015 Budget Hearing was at 7:41 p.m. 12/01/14 -2- 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 Special Session — 2015 Budget Hearing of the City of Brooklyn Center held on December 1, 2014. 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 January 12, 2015, Regular Session. e City Clerk Mayor 12/01/14 -3-