05-17-16 CM MinutesSpecial Council/Manager Meeting Minutes
May 17, 2016
Present: Mayor Harris and Council Members, Clausen, Fonnest, Schmidgall and Snope,
City Manager Tim Cruikshank, Physical Development Director Marc Nevinski, Finance
Director Sue Virnig, City Engineer Jeff Oliver, Staff Engineer Eric Seaburg and City Clerk
Kris Luedke.
The meeting began at 5 pm in the Council Conference Room.
Debt Discussion/Infrastructure Strategy
City Manager Cruikshank presented an overview of the City of Golden Valley's current debt
and future infrastructure needs. Staff provided a PowerPoint presentation to Council
regarding the Debt Analysis Infrastructure Forecast.
Finance Director Virnig outlined the outstanding debt and yearly debt payments by program
including by revenue source and answered questions from Council.
City Engineer Oliver provided a summary of the City's infrastructure needs. He reviewed
the history of the civil infrastructure by construction year, the City's Pavement Management
Program (PMP) schedule and answered questions from Council.
Engineer Seaburg discussed the concept that was developed for the rehabilitation and
maintenance of the City's streets and utility system and answered questions from Council.
City Manager Cruikshank discussed the post PMP reconstruction annual funding needs
and how the civil infrastructure could be funded.
Physical Development Director Nevinski discussed the maintenance of existing City
buildings, park shelters and other amenities. He provided information on additional funding
sources that could be used to maintain them and answered questions from Council.
City Manager Cruikshank provided information on the proposed 2017 levy. He also
presented detailed information on proposed new funding resources that may be
implemented to fund some of the City's needs, possible 2017 property taxes, and the next
steps for the continued budget discussions and answered questions from Council.
The Council discussion included the proposed tax increases, the infrastructure plans and
the proposed additional funding resources that were presented.
2017-18 Budget Kick-off
City Manager Cruikshank stated that staff would like to get Council recommendations
regarding the 2017-2018 budget process.
The Council discussed the upcoming budget process and asked staff to include additional
revenue sources including grants in future discussions.
Special Council/Manager Meeting Minutes
May 17, 2016 - Page 2
2015 Positive Performance General Fund Transfer and Assignment of Fund Balance
Finance Director Virnig reviewed the executive summary. City Manager Cruikshank
answered questions regarding the assignment of the fund balances.
The Council discussion included the positive performance fund transfer, the assignment of
fund balance and proposed changes to the recommended general fund transfers. The
positive performance general fund transfer will be placed on a future Council/Manager
meeting for further discussion.
The meeting adjourned at 6:26 pm.
Kris Luedke
City Clerk