Loading...
06-1114Suspension — 12/13/06 RESOLUTION 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 CITY Presented by Council File # _ //� Green Sheet # 3035355 PAUL, MINNESOTA A Resolurion Designating Proposed Changes in Policies from the 2001 Dollar Tracker — Counci3 Issues Listing Whereas, the Saint Paul City Council has completed its consideration of the 2007 proposed budget; Whereas, as part of this review, the 2007 Dollar Tracker — Council Issues Listing was prepared; Whereas, the Council Issues Listing contains topic areas where financial policy is in need of review or fiuther development; Now, therefore be it resolved by the City Council that the following policy topics be addressed: • Long-range plan for police services be presented by the Police Chief at the City Council meeting on December 20 • Effectiveness be determined of City-wide spending fox crime prevention • Strategy be determined for use of overtime by the Police Deparhnent • Plan be developed to minimize fluctuations in the annual payments by departments for the computer lease program • Review be undertaken of the budget processRimelines prescribed by ordinance for the Library Agency, and improvements identified • Provide for regular issuance of a parking revenue management report • Develop a capital improvement budget (CIB) and program reporting method that can routinely provide tfrnely and thorough status information • Debt strategy: o Determine role of variable rate borrowing as part of the debt portfolio o Determine re-financing oprions for use of capital improvement plan (CIP) bonds authorized under M.S. 475.521 for e�sting debt/leases/obligation/prior spending o Determine integrntion of capital improvement plan (CIP) bonds into the CIB process o Determine use of debt, leases, or other borrowing instruments for equipmern purchases o Determine use of bonds for financing sidewallc work of the ROW Fund • ROW Fund: o Determine plan for eliminating the use of fund balance to pay for services o Determine cash management plan o Determine options for revising billing practices to streamline, automate, and improve customer services for both the ROW Fund and other municipal utility services o Determine options for Snancing fiber conduit o Develop mid-yeaz status report that summarizes prior yeaz actual spending and fmancing and projects current budgetyear-end • Sewer Fund: o Deteanine suategy for use of bonds in managing project costs o Determine cash needs o Review net assets (fund balance) policy • Energy Conservation Investment Activity: o Develop reporting method to measure savings o Develop guidelines that allocate savings to repay the Sewer Fund, finance the Energy Program initiative, and provide savings for the operating budgets o Develop guidelines for spending and financing of the Energy Program initiative • Taac Increment Financing: o Prepare monitoring report for decertifications in 2007-2010 o Examine role of paymems in lieu of taxes (PILOT) for taac increment proj ects o Prepare model for benefiUcosts analysis O� //r�/ 48 49 50 51 52 53 54 55 56 57 58 • WaterUtility: o Review financial management pracrices to determine favorable factors to consider incorporating into other municipal service azeas • Fue: o Review Loca121 study plan as part of a general review of the Fire audit report when received o Determine plan for long-term financing and spending for fire fleet and equipment • General Fund policy maintenance plan: o Provide for periodic update of maintenance plan as detentuned at the December 13 budget meeting • STAR guidelines: o Maintain capital projects funding program activity as determuied at the December 13 budget meeting. o Deterinine spending options for ward NIIF Adoption Certified by Coun I Secretary BY� �il��SO.� Appro e 1r��' �sli `�' '� � By: L Requested by Department oE � Form Approved by City Attorney By: Form Approved by Mayor for Submission to Council By: Form Approved by Financial Services By: Adopted by Council: Date /a�/3�/0 O� �r�� � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � co -c���il Conqct Pecsoq & phone: Margaret Egan 26fr8564 must ee on 13DEG06 Dac. Type: RESOLUTION E-Document Required: Y DocumentConWct: MargaretEgan Contact Phone: 2668564 '13-DEGO6 y Assign Number For Routing Order Total # of Signature Pages _(Clip All Locations for Signature) Green Sheet NO: 3035355 0 . Oaucil 1 CoonN Department D'uector 2 ,City Clerk I 3 4 5 Designating Proposed Changes in Policies from the 2007 Doilar Tracker - Council Issues Listing. itlations: Approve (A) or R Planning Commission CIB Committee Civil Service Commission 1. Has this personffirm ever worked under a contract for this departmeni? Yes No 2. Has this person/firm ever been a city employee? Yes No 3. Does this person/firtn possess a skill not normally possessed by any current city employee� Yes No F�cplain ali yes answers on separate sheet and attach to green sheet Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why): AtivanWges If Approved: Disativantages If Approved: Disadvantages If Not Approved: Trensaction: Funding Source: Financial Information: (6cplain) CosURevenue Budgeted: Activity Number: December 13, 2006 225 PM Page 1 ��-i�/y 2007 Budget Balancing Status Regional Water Services Dollar Trecker-December 13, 2007 Butlget Meeting Office of Finandal Serrices Report tlate/flme. Page t of I 72/22/2006 2:00.00 PM FINAL Recommended Budget.. Butlget Total Gap: E<cess / (Shortfall) Technical Changes Approved by SPRWS Board of Directors... Water Water Water Water Butlget ARer Technical Changes Gap Excess / (Shortfali) increase Central Service Casts Zebra Mussel & Mississippi River Sbtion Stutlies Rate Increase ($.07) Use of Relained Eamings Spending Financing 41.611,347 4'1,611.347 0 114,971 80,000 798,675 (3,644) 41,606,318 41,806,378