08-08-23 HRA Work Session Agenda August 8, 2023 — 6:30 PM
Golden Valley City Hall
Hybrid Meeting
1.Discussion on Proposed 2024-2025 HRA Budget and Levy
HRA WORK SESSION AGENDA
Housing and Redevelopment Authority Work Sessions are being conducted in a hybrid format with in-
person and remote options for attending.
Remote Attendance: Members of the public may attend this meeting by streaming via Webex, or by
calling 1-415-655-0001 and entering access code 2630 713 3409 and webinar password 1234.
Additional information about attending electronic meetings is available on the City website .
Additional Remote Location : Due to out-of-state travel, Mayor Harris will be joining virtually in
accordance with Minnesota Statutes § 13D.02 from the following location:
Jackson Memorial Library, 71 Main St, St George, ME 04860
Discussion Item(s)
HRA Work Session meetings have an informal, discussion-style format and are designed for the HRA to
obtain background information, consider policy alternatives, and provide general directions to staff.
No formal actions are taken at these meetings. The public is invited to attend HRA Work Session
meetings and listen to the discussion; public participation is allowed by invitation of the HRA.
City of Golden Valley HRA Work Session August 8, 2023 — 6:30 PM
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EXECUTIVE SUMMARY
Administrative Services
763-512-2345 / 763-512-2344 (fax)
Golden Valley Housing and Redevelopment Authority Work Session
August 8, 2023
Agenda Item
1. Discussion on Proposed 2024-2025 HRA Budget and Levy
Prepared By
Sue Virnig, Finance Director
Summary
At the August 8 Housing and Redevelopment Authority (HRA) Work Session the HRA commissioners
will be reviewing the 2024-2025 HRA budget. Staff will present the proposed budget and levy. The
proposed budget and levy will be presented again at the September 19 HRA meeting. Approval of the
2024-2025 proposed levy and budget will be sent to Hennepin County and included on the 2024
Proposed Property Tax Statement. The final public meeting will be December 5.
Financial or Budget Considerations
The Proposed Housing and Redevelopment Levy will under Other Taxing Jurisdictions on the Proposed
Property Tax Statement. The levy will fund the Housing Initiatives set out by the HRA. The amount of
the proposed levy is $284,880.
Legal Considerations
The statutes and process have been set by the MN Department of Revenue. All legal requirements to
levy will be followed.
Equity Considerations
Housing: The goal of the City’s Mixed Income Housing Policy is to preserve and promote economically
diverse housing options in our community by creating high quality housing in Golden Valley for a
household with a variety of income levels, ages, and sizes.
Economic Development: The City of Golden Valley defines economic prosperity for all as the
intentional provision of economic opportunities and resources for all communities by finding solutions
to support economic growth and inclusion of historically marginalized communities and those facing
economic hardship. As an employer and municipality, the City of Golden Valley is determined to
identify and disrupt barriers to economic inclusion.
Recommended Action
The HRA should discuss the budget and give staff direction for the HRA meeting in September.
Supporting Documents
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2024-2025 HRA Proposed Budget and Levy.pdf
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