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HomeMy WebLinkAbout9E - State Deficit MEETING DATE: AGENDA #: PREPARED BY: AGENDA ITEM: DISCUSSION: CITY COUNCIL AGENDA REPORT April 7, 2003 (\/\ ~ ~~nk Boyles, City Manag';~ CONSIDER APPROVAL OF A REPORT SETTING FORTH AN APPROACH TO RESPOND TO ANTICIPATED LOCAL GOVERNMENT AID CUTS AND MARKET VALUE CREDIT CUTS IN 2003. History: The State of Minnesota has experienced a biennial budget shortfall in the vicinity of $4.2 billion to $5.5 billion. In an effort to balance the proposed budget, Governor Pawlenty has proposed a series of measures including reduction of local government aid and market value credits received by local governments. The Governor's proposals which affect Prior Lake include a cut of $45,000 in local government aid, and $322,842 in market value credit, for a total projected 2003 cut of $366,842. Current Circumstances: Until final legislation is drafted, we cannot be certain of the exact magnitude of the 2003 cuts. Finance Director Ralph Teschner advises me that while the State figures allegedly cut 100% of the City's Local Government Aid and Market Value Credit, they are actually $52,581.58 less than the total amount we receive which is $419,423.58. However, I believe it is prudent that we prepare now for the cuts necessary to achieve the Governor's $366,842 recommendation. Our ability to make these cuts is complicated by the fact that our 2003 budget is already adopted. For this reason, the Governor's proposal recommends an even larger cut for most cities in 2004 as opposed to 2003. In the case of Prior Lake, the cut is identical in 2004 since the 2003 cut eliminates all of the City's local government aid and market value credit. To accomplish the necessary savings, I have sought input from Department Heads and staff. The recommended actions to respond to the Governor's proposal are shown below: CONTINUED ON PAGE 2 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 I Ph. (952) 447-4230 I Fax (952) 447-4245 1:\CQUNCIL\AGNRPTS\2003\2003 BUDGET o.l:JI~OO>PORTUNITY EMPLOYER Contingency.... ........................... ............................................. :-$1 00,000 Recreation Coordinator... .................... ................................ ..... .~$70,000 Dance Studio Lease.............. ............. .................................. .....~$25,000 Police Unfilled Positions.... ............ ................ ........................... .:-$40,000 Delay Filling Part-Time Park Maint. Position..............................:-$15,000 Reduce # of Seasonal Park Maint. Hires...................................~$15,OOO Professional Services - City Manager....... ....................... .......... .~$5,000 Computer Replacement ...................................... ........... ........... ..:-$5,000 Street Overlay.................... ......... ...................................... ........ .-:$40,000 Park & Rec Intern................. ............ ......................................... ..-:$6,000 Out-of- Town Conferences..... ..................................................... .:-$7,600 Revenues over Expenses......................................................... :-$38,242 Total -$366,842 ISSUES: Prior Lake is fortunate in that, unlike some communities, we never received a great deal of aid. We are also fortunate that the City Council prepared for this situation by budgeting prudently for 2003. The Contingency allocation is the best example of the Council's efforts. In making the proposed cuts, I have tried to minimize impacts upon full-time employees as I believe that our staffing is appropriate for our development status. I also have attempted to select those items which will have the least impact upon our ability to achieve our 2003 objectives based upon the 2020 Vision and Strategic Plan. ALTERNATIVES: (1) (2) Motion and Second to accept the report. Request further information. RECOMMENDED MOTION: In the absence of Council direction to the contrary, we will implement the savings as outlined above. 1:\COUNCIL\AGNRPTS\2003\2003 BUDGET CUTS.DOC