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Committee reviews August finance and budget timeline; routine motions approved
Summary
On Sept. 9 the committee reviewed August financial reports, approved routine motions (agenda, minutes, payment of bills) and heard a budget timeline from City Administrator Sean Hutchison that projects a minimal levy increase and schedule for draft and final budget hearings.
The Joint Committee of the Whole reviewed August finance reports and advanced several routine matters at its Sept. 9 meeting.
Council member Gerbers moved to approve the agenda, seconded by Hurkman; the motion carried. Hurkman then moved to approve the minutes from Aug. 26, seconded by VanderHeiden; that motion also carried. Later the committee reviewed the August financial reports and Gerbers moved to recommend that the council approve payment of bills; VanderHeiden seconded and the motion carried.
City Administrator Sean Hutchison provided a budget update, saying budgets are still being worked on and that the city previously lowered the general fund levy in 2021–22 and held it steady in 2023. Based on current Department of Revenue aid estimates, the general fund levy currently looks like it will increase by roughly 1.16 percent; DOR updates are expected through September and October. Hutchison said staff will present a detailed draft budget review on Oct. 14 and Oct. 28, that the budget notice will run in early November, and that final budget approval is scheduled for Nov. 25. He also said staff will finalize capital and water/sewer utility budgets in October and will continue working with the city attorney and Lexington Homes on a development agreement and a TID agreement.
Hutchison noted the Plan Commission will meet Sept. 19 to hold three public hearings related to the proposed Golden Meadows Subdivision, including proposed zoning changes and accompanying amendments to the City Comprehensive Plan.
Council member Gerbers later moved to adjourn (seconded by Hurkman); the motion carried and the meeting was adjourned.
