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HomeMy WebLinkAbout~Master - Special Meeting of the Ames City Council 02/04/2005MINUTES OF THE SPECIAL MEETING OF THE AMES CITY COUNCIL AMES, IOWA FEBRUARY 4, 2005 The Ames City Council met in special session at 2:00 p.m. on February 4, 2005, in the Council Chambers of City Hall, 515 Clark Avenue, pursuant to law with Mayor Tedesco presiding and the following Council members present: Cross, Goodman, Mahayni, and Vegge. Ex officio Member Tugan was also present. Council Member Wirth arrived at 2:07 p.m. Council Member Goodhue arrived at 2:46 p.m. GRANT APPLICATION TO THE GOVERNOR’S TRAFFIC SAFETY BUREAU: Moved by Mahayni, seconded by Cross, to authorize submission of a grant application to the Governor’s Traffic Safety Bureau to support additional overtime traffic enforcement. Vote on Motion: 6-0. Motion declared carried unanimously. FY 2005/06 BUDGET OVERVIEW: City Manager Steve Schainker, Finance Director Duane Pitcher, and Budget Officer Carol Collings were present to review the documents contained in the budget packet distributed to the City Council. Steve Schainker advised that three significant developments negatively affected this budget: (1) The state-mandated Police/Fire Retirement System will increase the City’s contribution from 24.92% to 28.21%, effective July 1, 2005. This results in an additional $240,000 from property tax revenues to fund this mandate in 2005/06. (2) The state-imposed rollback decreased the percentage of assessed value on residential property that is subject to taxation from 48.46% to 47.96%. This decrease has resulted in $8,243,692 less in assessed value subject to taxation for residential properties. (3) The rising cost of fuel has hit all departments, but the hardest hit is CyRide, which will require a 10% increase ($92,555) in tax support from the City and an equal percentage increase from Iowa State University. Mr. Schainker explained that the moderate property tax rate increase being proposed was due in part to: (1) health care cost containment; (2) refinancing one-time capital items in the revised 2004/05 Police, Fire, Parks and Recreation, and Library budgets rather than raising taxes to support these expenditures in 2005/06; (3) General Fund monies have offset the 2004/05 obligation to the retirement plan for Police and Fire personnel. No rate increase for the five major utilities is built into the 2005/06 budget. Mr. Schainker reminded the City Council that rate increases will be required in the near future for electric, sanitary sewer, and storm sewer utilities so that operating costs and projected capital improvements can be supported by user fees. He explained that one of the most important decisions that the City Council must make will involve how much to increase and when. Mr. Schainker noted that the sooner a rate increase is established, the less of an increase will be needed at a later date. To avoid placing a burden on the City’s customers from stacking rate increases, Mr. Schainker advised that a rate increase in one of these three utilities in 2005/06 would be advisable. Finance Director Duane Pitcher explained property tax levies for 2004/05, divided among the City, Ames and Gilbert School Districts, Story County, and Des Moines Area Community College. He explained that Ames again had the lowest general levy per $1,000 of valuation among the top 12 cities in Iowa for FY 2004/05. Mr. Pitcher stated that this budget represented a property tax rate increase of 2.28%, from $9.95 to $10.18 per $1,000 of taxable valuation. This $.23 change in the tax rate is estimated to cost a residential property owner approximately 1.91% ($9.19), a commercial property owner approximately 3.07% ($30.35), and an existing industrial property owner 2.28% ($22.72) more in 2005/06 for each $100,000 of taxable valuation. He explained the tax levy breakdown. Sixty percent (60%) of the Local Option Tax proceeds goes directly to property tax relief, and a graph of the savings to property owners since 2001/02 was shown. Mr. Pitcher described the dollar value and percentage of change in assessed and taxable values for residential, commercial, and industrial properties. He talked about the use of bond proceeds and how they affect the debt service levy. The currently outstanding and proposed debt service issues were explained by Mr. Pitcher. Residential property will make up 48.16% of the taxable value for FY 2005/06. Commercial property valuations formerly were higher than residential, but have dropped to 46.45%. Mr. Pitcher summarized changes in the tax asking for 2005/06: Revenues were up by $483,283, but expenses increased by $857,825 (3.9%). Changes in expenses were explained. Two projects were being added: “Civics 101" and the Youth Police Academy. A three-year comparison of the cost of services per residence was given. In 2005/06, the owner(s) of a $100,000 home in Ames will pay $488 for City services, which includes debt service. Road Use Tax revenues were also explained by Mr. Pitcher as were changes in employment levels (FTE). Fee changes for 2005/06 were reviewed. It is being proposed that a $20/check fee be imposed for non-sufficient-fund checks written to the City. Budget Officer Carol Collings advised that the General Fund balance increased by $648,000 during the last fiscal year. She said that $117,501 of one-time capital items will be drawn from the General Fund balance rather than raising taxes to support programs for Police, Fire, Parks and Recreation, and Library. A transfer of $319,096 from the Police/Fire Pension Retirement Fund, formerly budgeted, is not now being recommended. Ms. Collings explained the Local Option Tax Fund. She said that a fund balance is reserved at 25% of budgeted expenditures less the 60% tax relief transfer; revenues are for cash flow and revenue fluctuations. Hotel/Motel Tax revenues were also reviewed. Pertaining to Leased Housing, Ms. Collings advised that in 2004/05, federal reimbursements for rent payments and administrative expenses dropped substantially. The City dropped one FTE and shifted 90% of the Housing Coordinator’s salary to the new Community Development Block Grant (CDBG) program; however, even after these changes, program revenues are not sufficient to cover expenses, and the City is investigating contracting with another Housing Authority to provide the program in 2005/06. Mr. Pitcher stated that it is anticipated that the Tax Increment Financing (TIF) fund balance will have adequate funding by the end of FY 2004/05 to meet the remaining TIF debt obligations, and the property valuation will be released for general taxation. 2 The Park Development Fund was briefly reviewed by Ms. Collings. She then gave a summary of the Utility Funds. Mr. Pitcher reiterated that an increase in the Sanitary Sewer Utility will be necessary in the future (by 2006/07) to ensure that the projected operating expenditures, capital improvement costs, and fund balance levels are covered over the next five years. He advised that rates had not been raised since 1995. Projected revenues, based on the current rates, and capital improvement projects through 2010 were reviewed. He provided some options to cover the increases in expenses. The best estimate at this time is that a 15% increase will be required. It appears that a 10% increase initiated one year earlier (in 2005/06) would accomplish the same financial goals for the Utility and could possibly be achieved through an increase in the minimum bill, rather than increasing the volume usage rate. Pertaining to the Electric Utility, Mr. Schainker stated that the City has drawn down the available balance by over $30,000,000 in the Electric Fund to finance a new combustion turbine peaking unit to increase capacity and a new 161 kV tie line to improve the City’s ability to import energy from other sources, if needed. Mr. Pitcher advised that a major capital expenditure will be needed in the next five years to ensure that the City can meet the demands of its customers over the next 20 years. Mr. Schainker advised that additional studies were necessary, and as more information on the timing and cost of this large project is available, rate change recommendations will be made. Sample rates were shown to reflect a 3.5% electric increase, 10% sewer increase, and 50% storm water increase on median and large residential customers. Council Member Cross would like to see sample rates if all utility increases were not effective simultaneously. Ms. Collings summarized Electric Operations and Parking Operations and Improvement. Mr. Pitcher advised that there is a team of departmental employees exploring improvements to collections and enforcement of parking tickets. The negative balance in the GSB Transit Trust was explained by Ms. Collings. Student fees collected in the next year will not cover its obligations to Transit’s operating budget, and the additional amount needed will be transferred from the GSB Trust Fund to operations; that transfer will create a deficit in the fund, which will be repaid in future years. The Storm Sewer Utility Fund was revisited by Ms. Collings. An increase of $.75/month will be needed in 2005/06 to cover two additional $100,000 ongoing capital improvement projects. Staff is concerned about Ice Arena Operations as expenses are up, but rates have already been increased. Parks & Recreation Administration has been challenged to market this facility to increase usage. Ms. Collings pointed out that Homewood Golf Course is showing increased revenues as is Resource Recovery Operations. Budget requests were briefly reviewed from the Commission On The Arts, ASSET, Public Art Commission, Ames International Partner Cities, Special Olympics, Reiman Gardens, Leaders Inspiring Connections, Main Street Cultural District, West Fest in Nevada, Ames Historical Society, and the Hunziker Youth Sports Complex. Mr. Schainker distributed a revised Capital Improvements Plan project sheet for the Shared Use Path System. The City Council had requested that the segment on Grand Avenue, Murray Drive 3 to 20th Street, be moved up to 2005/06. Two options for accomplishing this were explained. He stated that Public Works staff recommended that none of the segments be dropped. COMMENTS: Moved by Goodhue, seconded by Vegge, to refer to staff the petition requesting a stop sign at the intersection of Country Club Boulevard and Cessna Street. Discussion ensued among the Council members concerning the complexity of the signage denoting parking regulations. Vote on Motion: 6-0. Motion declared carried unanimously. ADJOURNMENT: The meeting adjourned at 4:18 p.m. _______________________________ _____________________________________ Diane Voss, City Clerk Ted Tedesco, Mayor 4