HomeMy WebLinkAbout2022-08-11 Council Work Session MinutesCITY OF CORCORAN
City Council Work Session Minutes
August 11, 2022 — 5:30 pm
The Corcoran City Council met on August 11, 20227 in Corcoran, Minnesota. The City Council work session
meeting was held in person and the public was present in person and remotely through electronic means using
the audio and video conferencing platform Zoom.
Mayor McKee, Councilor Bottema, Councilor Nichols, Councilor Schultz, and Councilor Vehrenkamp were
present.
City Administrator Beise, Finance Manager Ung, Planner Davis McKeown, Public Works Director Mattson, and
Director of Public Safety Gottschalk were present.
1. Call to Order! Roll Call
Mayor McKee called the work session to order at 5:30 pm.
2. 2023 Draft Budget
Finance Manager Una presented the 2023 preliminary budget, reviewed timelines and noted a possible
work session on August 25 for further budget discussions, with adoption of final levies and the 2023 budget
by December 28, 2022. Council and staff discussed significant increases in property valuations within
Hennepin County and the impact and increase in property taxes even if the City's tax rate remains the
same or is lowered. Council and staff discussed budget items regarding staffing for 2023, work comp
increases, utilizing internal staffing versus contracted services, professional service budgeted fees, budget
amounts and actual costs, and fire service fee increases due to property market valuations rather than calls
for service. Council and staff discussed finding ways to reduce the tax levy, to reduce the overall tax rate,
and including additional comments on individual line items within budget for further clarification and
transparency. City Administrator Beise noted allocation of funding for future stormwater and facilities to
allow for capital should the City decide to proceed with potential studies or land purchases. Council and
staff discussed developments and tax capacity timelines for recognized property tax revenue, and noted
homes built in 2020 are fully recognized with property market valuations two years later in 2022. Council
and staff discussed platted acres, revenue for platted acreage, and length of time the revenue would carry
the City for servicing of bond payments and incorporating the relevant information into the City's five-year
financial plan.
3. Unscheduled Items
No unscheduled business was heard.
4. Adjournment
MOTION: made by Vehrekamp, seconded by Schultz to adjourn.
Voting Aye: McKee, Bottema, Nichols, Schultz, and Vehrenkamp
(Motion carried 5:0)
Meeting adjourned at 6:31 pm.
Michell
Friedrich —City Clerk
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