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09-05-1995 Budget Workshop MinutesCITY OF OTSEGO SPECIAL BUDGET WORKSHOP �IIN t'TES SEPTEMBER 5.1995 - 7PNI ��791L#:i.':4YS Mavor Norman F Freske called the meeting to order at 7:10P1V1. Mayor Norman F Freske, Ron Black, Vern Heidner, Suzanne Ackerman, Larry Fournier, Council Members were present. Elaine Beatty, City Clerk;'Zoning Administrator and Phyllis Boedigheimer, Business and Finance Director were also present. Vern Heidner started with the Maintenance Budget and said they had cut $42,550,00 from the proposed Maintenance Budget. He explained the cuts. Phyllis Boedigheimer explained the Municipal Well and 546,000.00 in the well fund with $28,000.00 being spent for the first bond payment and $5,000.00 for Engineering fees. The 1996 Bond Payment is $22 8,155. 01). This is negative S 15,000.00. It does not take into account the school well use at S 1.40 per 100 gals of water. 1996 levy will he Sl 5.000.00 for the Municipal Well G.O. Bonds. Add: City Maps - S2,000.00 for Administration Insurance - $25,000.00 Budect Figure Bid for 1996 $23,000.00 Discussion of insurance deductible which is now 5500.00 and should it be changed. The Council wanted to look at 51,000.00 or whatever would make a difference for deductible. Discussion of the planners budget. 520,000.00 originally. 510,000.00 was deducted from Planners Budget. Dave Licht recommends 55,000.00 for SW Area of City Comp. Plan update 55,000.00 East end of City Comp Plan update. The attorney has been approached regarding* a contract with him. There was more discussion on Budget and cuts, where possible were done. The tax rates for 1993 was 2)7.302 1994 was 28.169 1995 was 34.00 The was was cut by S57,740. CITN OF OTSEGO BL DGET WORKSHOP OF SEPTEMBER 1996 AT ?P -NI - PAGE 2 - On motion and second the meeting, adjourned. CM OF OTSEGO NOR�LAN F FRESKE, NLAYOR A EST: Elaine Beatty, City Clerkizon 7 Adm. eb lCimf Seal) CITY OF OTSEGO SPECIAL COUNCIL MEETING MINUTES AUGUST 29, 1995 - 6:30PM The meeting was called to order by Norman F. Freske, Mayor at 6:30PM Norman F. Freske, Mayor, Ron Black, Larry Fournier, Vern Heidner, Suzanne Ackerman, Council Members, Elaine Beatty, City Clerk/Zoning Administrator, and Phyllis Boedigheimer, Business/Finance Director were present. Phyllis Boedigheimer, Business/Finance Director reviewed the 1996 proposed budget and discussed the levy necessary to meet the budget. She indicated that the proposed levy and resulting tax rate is based upon the 1996 budget as proposed and the tax capacity information currently available from the County. She further indicated that the proposed levy included $15,000 for the Park Development Fund. Discussion was carried on regarding the levy for Park Development and that as proposed, it would not meet the match funds necessary for the 1996 ISTEA Grant as submitted. The need for an additional levy to meet the bonded debt for the municipal well, the estimate of $5,000 for a part time clerical person, purchase of the state statute books, and the Planner's budget were also discussed. On motion and second, meeting adjourned. CITY OF OTSEGO NORMAN F. FRESKE, MAYOR ATTEST: Elaine Beatty, City Clerk/ ning Adm.