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ITEM 3.2C SCC 6.11.2018 MinutesITEM 3.2C OTSEGO CITY COUNCIL SPECIAL MEETING OTSEGO PRAIRIE CENTER JUNE 11, 2018 Call to Order. Mayor Stockamp called the meeting to order at 8:25 PM. Roll Call: Mayor Jessica Stockamp; Councilmembers: Vern Heidner, Jason Warehime, Corey Tanner and Tom Darkenwald. Staff: Adam Flaherty, City Administrator/Finance Director; Kevin Lamson, Street Operations Manager; Ross Demant, Parks and Recreation Director; and Tami Loff, City Clerk. 1. 2019 Budget Discussion. City Administrator/Finance Director Flaherty said based on information currently available from Wright County, the City's tax capacity for 2019 tax levy will increase 7-8%. He further said the City's tax rate for the 2018 tax levy is 36.556; with the current assumptions for increased tax capacity, if the City were to levy the same amount as it did for 2018, the tax rate would be estimated around 34.070. The City can increase the levy and still maintain the current tax rate. City Administrator/Finance Director Flaherty reviewed the staff memo in detail which included the Pavement Management, Trail Management, Parks Equipment Replacement, Capital Equipment Revolving, Fire Station, Storm Water and Capital Improvements. Street Operations Manager Lamson and Parks and Recreation Director Demant were both present for questions regarding their respective departments. The City Council concurred as presented. City Administrator/Finance Director Flaherty also reviewed the property tax levy summary. The City Council concurred as presented. 2. Adjourn, CM Darkenwald motioned to adjourn. Seconded by CM Tanner. All in favor. Motion carried. The meeting adjourned at 9:22 PM. Mayor Jessica Stockamp ATTEST: Tami Loff, City Clerk 6/11/18 11 Page