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HomeMy WebLinkAbout2015 09-08 CCM Joint Work Session with Financial Commission MINUTES 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 SEPTEMBER 8, 2015 CITY HALL - COUNCIL CHAMBERS I. CALL TO ORDER The Brooklyn Center City Council met in Joint Work Session with the Financial Commission called to order by Mayor Tim Willson at 6:35 p.m. Mayor Tim Willson and Councilmembers April Graves, Kris Lawrence-Anderson, Lin Myszkowski, and Dan Ryan. Also present: City Manager Curt Boganey, Finance Director Nate Reinhardt, and Denise Bosch, TimeSaver Off Site Secretarial, Inc. Others present were Financial Commissioners Anna Burke, Teneshia Kragness, Rex Newman, and Dan Schueller. II. APPROVAL OF AGENDA Councilmember Ryan moved and Councilmember Myszkowski seconded to approve the agenda. Motion passed unanimously. III. 2016 CITY MANAGER RECOMMENDED LEVY City Manager Curt Boganey thanked Councilmembers and Commissioners for their work with staff on the levy and budget. He stated that if the City Council and Financial Commission so directs, the 2016 preliminary property tax levy and budget will be brought before the City Council at the September 14, 2015, meeting for adoption. He also stated that the maximum levy increase was 6.48%, but adjustments have been made and the result is a levy increase of 3.99%. Finance Director Nate Reinhardt provided a PowerPoint presentation outlining the City of Brooklyn Center 2016 Preliminary Levy and Budget adjustments including a $5,000 decrease in total revenue adjustments and a $345,000 decrease in total expense adjustments for a net budget reduction of$340,000 (2.49 percent). He also provided information on the HRA levy increase of 10% and the levy's impact on property taxes. There was discussion regarding the 2016 preliminary property tax levy and budget adjustments. Questions were raised regarding the impact of the contingency fund reduction; the possibility of taking advantage of the current downward trend of fuel prices; PERA contribution increases; the per unit increase for rental units; the significant increase in property values; and the impact of the market value increases on higher value homes. 09/08/15 -1- Mr. Reinhardt will provide the Council with more information on the City's fuel costs. Mr. Reinhardt reminded Council Members and Commissioners that following adoption, the levy amount cannot be increased. Discussion took place regarding street reconstruction funding; funding of the water treatment plant;the impact of increased valuation of homes on taxes; and significant water rate increases. Consensus was reached to direct staff to bring the 2016 preliminary property tax levy and budget to the September 14, 2015, City Council meeting for adoption. Councilmember Lawrence-Anderson asked about a news report she saw today that the City's water testing facility had inaccurate results. Mr. Boganey will investigate and report back on this issue. IV. ADJOURNMENT Councilmember Lawrence-Anderson moved and Councilmember Myszkowski seconded to adjourn the Work Session at 7:27 p.m. Motion passed unanimously. 09/08/15 -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 City Council from the City of Brooklyn Center Joint Work Session with Financial Commission held on September 8, 2015. 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 September 28, 2015, Regular Session. am —_5 City Clerk Mayor 09/08/15 -3-