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HomeMy WebLinkAbout2008-03-05 PACKET 08.A.REQUEST OF CITY COUNCIL ACTION COUNCIL MEETING DATE 3/5/08 PREPARED BY: Administration ORIGINATING DEPARTMENT AGENDA ITEM # � �' Ryan Schroeder STAFFAUTHOR ���.�����������������������������,�����.��������� COUNCIL ACTION REQUEST: Consider setting a Council Goals Workshop session. STAFF RECOMMENDATION: Set a Council Goals Workshop session. SUPPORTING DOCUMENTS: ❑ MEMO/LEl ❑ RESOLUTION: ❑ ORDINANCE: ❑ ENGINEERING RECOMMENDATION: ❑ LEGAL RECOMMENDATION: � OTHER: Attachments. ADMINISTRATORS COMMENTS: � �ministrator r / ri �. - �.�������������.�������������,������������������ � � � COUNCIL ACTION TAKEN: ��APPROVED ❑ DENIED ❑ OTHER 0�.� ��. ��'�.���� � �.���.� Document2 Budget Transmittal The following is the Council Adopted Budget for the municipal operations during the 2008 fiscai year. The document inclndes ali major operating Yunds cf the City. As it. past years, the document is presented as one of the planning tools of the City Council from which to make policy decisions throughout the year. It is intended to procide far amendment, from time to time, as situations arise necessitating such. This budget, along with the Capital Improvements program provides staff with an appropriate level of direction to carry out community and Council wishes throughout the year. The Council, and city staff, deliberated carefully in arriving at the adoption of this budget. The journey between departmental and Councii budget requests and initiatives, and the actual adopted financial plan included myriad challenges. For 2008 the largest challenge is reaction to a declining housing muket impacting not only housing slarts but market value growth going forward. In deliberating over budget allocations Council was cognizant of the projection that market value growth is anticipated to experience perhaps a net zero percent growdt in both 2008 and 2009 impacting 2009 and ZOl 0 budgets and operations. This financial plan prepares for that possible eventuality. At the same time �ve strive toward continual improvement in the products and szrvices we deliver to the public and how to provide those deliverables in a more cost effective/efficient manner today than yesterday. Toward that end, of primary importance is continual re-esamination of priorities going forward. Our Vision In 200� the City Council provided a future vision which determined a direction for the organization: • a walkable commuuity with an appreciation for our trees, hills, ravines and landscapes including quality park, green and open space areas • a good place to raise a family and grow a business with well maintained neighborhoods and private properties • a fiscaliy responsible, well run goveriunent with well maintained infrastructure and saie residential aud commercial neighbarhoods and public places Our Mission Our mission communicates what we do and for whom: • Provide excellence in the delivery of public services to curnmuniiy residents, businesses, and owners of property Our 2007-2008 Strategic Goals In 7anuary, 2007 the City Council provided strategic goals in furtherance of the vision and mission in the following areas: • Go�ernance • Fiscal S1aUility • Commercial and Industrial Development • Transportation and Transit e Housing Developmeut • Public Facilities Budgetary Objectives Toward accomplislunent of Council directed goais staff has created objectives: • Governance o Provide performance measures and benchmarks to which the organizatiou can measure attainment o Provide processes fi�om which the organization can set direction � During 2007 we completed the 2007-12 Strategic Plan update for the Economic Development Authority. Included was an operational analy�sis of the River Oaks municipal golf operations. We also provided our first puUlishable organization wide Annual Report. Also completed was our tirst staffing/operational analysis within which we compared spending and staffing levels to peer communities. We also re-inh�oduced Performance Vleasures as part of the 2008 budgeting process and adopted the 2008-20] 2 Capital Improvements plan and a concurrent capital outlay plan within the budget revie�v process. �ach of these reporting measurables will be updated again for 2008. Parly in 2008 the Council �vill receive ihe results of a comprehensive random sample community opinion survey which will be compared abainst the Council set strategic direction and initiatives. • Fiscal Stability o Provide for continued moderalion of the taK levy rate in comparison to peer communities o Provide for moderation of future operating cost increases belo�v our funding ability o Provide for maintenance of sound tiscal policies • The Cottage Grove local tax rate is comparatively high relative to a selected peer group of 35 metro area communities above 20,000 in population. That relaiive positiouin; is created in large part due to a moderate local ta� base. This tax base has been growing on a percentage basis beyond the mean of this peer group. Even so, in order to approacl� the directive fuh�re operating cost increases must be closely monitored. We will ensure that spending levels are less thau those of peer communities in response to market value comparisons. That, plus attention to fund balance and bond rating growth opportuuities are of utmost importance. Planning for impacts of moderating market value growth the City implemented an early retirement program in 3007. The result provides potential for 2009 general fund operationa] savin�s of $256,000. Commercial and Industrial llevelopment o Provide for continued development of the industrial park c Provide for continued redevelopment of tl�e Gate��ay District o Provide for planning to enhance development potential of th� CottageView and infill sites Efforts to expand the industrial park and commercial redevelopment opportunities have been successful with creation of in excess of $61 million in ta�able market value growth due to City initiatives since 1999. Additional industrial growth opportunities e�ist with iufrastructure in and available within the industrial park. Two quadrants of the Gateway district are (re) developed with the third underway. Plam�ing for redevelopment or rehabilitation of the fourth quadrant will be pursued within an intermediate timeframe. The East Ravine planning study, completed in 2006 provides impetus to pursue development in the Jamaica/CottageView district anchored in the Future by a master plaimed 80 acre 600,000 square foot retail center at County Road 19 and Highway 61. Transportation and Transit o Provide continued support of the Wakota Bridge, Red Rock Rail, and High Speed Rail initiatives o Pruvide for third party funding of eommunity infrastructure c Provide for planning and construction activities of local roadway inCrastructure Ffforts to push for completion of the Wakota Bridge project, commenced in 2003 must continue. Current state transportation goals are to substantially complete this project in 2010. 'I'he region has realized successfull implementation of the Hiawatha LRT line and funding for the NorthStar Corridor CRT line in the northwest portion of the metro. Legislative attention appears on the Minneapolis to St. Paul Central Corridor which is an integral piece of the eventual northeasterly Rush Corridor or the southeasterly Red Rock Corridor through Cottage Grove. Legislative efforts are also underway to eapand Illinois and Wisconsin efforts for high speed rail, one corridor of which could be on the Red I2ock route. During 2007 the City completed the $41 million reconstruction of the Jamaica/TH 61 interchange ramps and roadway connections with the first state sponsored two-lane double roundabout. For 2008 the City is continuing its 1994 initiative to reconstruct or reclaim roadway surfaces throughout the communily over a fifty year timeframe with this next segment (Ideal / Immanuel) projected at a cost of $8.6 million. During 2008 the City anticipates completion of the SF. Area Transportation Study which plans Puture infrastructure enhancements related to the CR19/TH61 interchange. Hoc�si;�g De��elopment o Provide for seniar housing development o Provide fur targeted high end development in the East Ravine and West Draw portions of the community � The City has long sought a mniti-family senior housin� product. In 3006/7 two projects have bcen approved and are under construction. Included is the 142 unit Norris Square project (with market rate, assisted and memory care units) in the southwest quadrant of the Gateway aloi7g with a=t1 unit assisted living phase of the two phase White Pines project in the northeast quadrant of this district Continued opportunity exists for single level active senior housing product. Cottage Grove currently has a sinele family housing market value average of $335,000 which is below that of most peer communities. Focus, therefore, is on move-up second aild third tier housing buyers as we complete build-out of the West Draw and as we move into the 4,000 acre East Ravine District. Infrastructure was constructed in the 800 acre lipper Ravine sub-district in 2007 with model homes in the first subdivision e�pected in 200A. • Public Facilities o Provide for expansion of the Ice Arena and plamiin� for maintenance and/or e�pansion of other municipal buildings o I'rovide for construction, maintenance and repair of parks and community spaces o Procide proactive growth and maintenance of municipal utility systems • In 2005 the City identified a need to begin planning for future Yacilities in both the public safety and general government areas. In the 2006. ?00'7. and 3008 budget allocations are provided to prepare for this future project. This project is anticipated to be constructed on a future segment of the Ra��ine Parkway at County Road 19 and 8�`�' Street just north of the Washington County South Service Center. It is anticipated that construction would be beyond the 2012 timeframe. ■ In 3007 the City initiated a$6.6 million expansion of lhe Cottage Grove Ice Arena with construction beginning early in 2008 with projeci completion by October 1. Agreements are in place with our partner organizations, School District 833 and the Cottage Grove Athletic Association both of which have conmiitted to provide annual infusions into the operation through purchase of ice time. a An increasing emphasis has been placed on both park development and storm water projects. During 2007 we were able to leverage both priority areas by creation oY storm water improvements within the Pine Tree Valley and Hamlet Parks. These infrastructure projects provided far federal and state mandated water quality and quantity improvements while at ihe same time prodiding amenities for the user of the park system and adjacent residential properties. Future similar projects are anticipated. As a browing community we continually plan for gro�vth of our water distribution system. During 2008 we anticipate working closely with the ?vlinnesota Department of Health ou future system capacity and quality enhancement. '_OUS Stralegc Plan 2008 Budget Transmittal Introduction Budget Trends Since 1999 general fund operating budgets have increased an average of 4.7%. This level of budgetary increase generaily reflects costs due to growth along with infiationary increases. The 2008 budget has been restricted to an increase less than past years due to a lower pace of housing growth experienced during 2007 than in past years. The 2007 development pace is expected to be replicated to at least some extent in near term periods which is also expected to restrict spending within the 2009 budget as weil. For 2008 the growth in the General Fund budget is effectively flat at a 0.5% increase. Between 1999 and 2008 average annual percentage budget increases for all cost centers in General Government is 3.46%. The same measure in Public Works is 3.82% and in Public Safety the average increase per year is 4.60%. The total average annual budget increase from 1999 through 2008 for operating budgets is 4.0% General Fund Expenditure Trends (amounts in 1000's) Adopted Budget History BUDGET YEARS Budget Area Admmistration / Finance Legal / Assessing City Hall /Special Programs Community Development Police Fve Public Works Parks & Recreation Other General Government Household Growth 1999 943 265 291 465 3,107 729 1,680 995 380 8,855 2000 949 303 292 491 3,254 776 1,725 1,035 466 9,290 2001 978 280 340 549 3,485 808 1 777 1,010 425 9,652 Rate of Inflation Fill IN Total HH+Inflation 2002 1,051 265 329 598 3,680 717 1.890 1,119 611 10,259 2003 1,053 295 326 631 3,847 678 7,980 1,241 690 10,741 2004 1,079 293 401 638 3,973 778 1.957 1,190 763 11, 072 2005 2006 2007 1,OS6 1,186 1,175 305 300 312 313 304 277 669 749 837 4,340 4,658 4,712 841 847 918 2,329 2.137 2,244 1,353 1,373 1,48� 678 563 560 11,914 12,117 12,522 One year mcrease » Avg.incr. over 10 2008 years 1,255 3.7% 302 l 6% 271 -0 8 % 841 9.0% 4,871 6.3% 866 2.1% 2.254 3.8% 1,435 49% 492 3.3% 12,587 4.7% 0 52% In a comparison of expenses to peer Twin Cities area communities existing data suggests that Cottage Grove operational expenditures are lower than aIi but a few comparison cities. In 2005 State Auditor data (the most recent year available) Cottage Grove is reported as the third lowest spending of 35 cities ranging in population from 19,000 to 61,000. We were 20` lowest in Pubiic Safety, the ""'°"""""'° and ranked as the lowest of peer communities in generai government spending. These same relative spending rankings are anticipated to be replicated in budget years 2006 and beyond including the 2008 budget year with the potential for improvement in ranking in the pubiic safety area. This change is due to the consolidation of records and communications with Washington County and the resulting operational savings. � 35 City Comparison I Rank (out City � of35) Grove I General Government ��p. Per Capita 35 $56 � Public Safety Esp. Per Capita 30 �149 I Public Works Eap. Per Capita $89 �, Park R Recreation Per Capita 23 �60 � Housine & Economic Devzlopmzni 10 $46 � Total 33 5399 of Cottage I Average City $l10 $161 5337 $74 $56 $638 In 1994, the City began an initiative to repair and/or replace its entire local roadway infrastructure through a scheduled pavement management (reconstruction) program. Since then, over $25 million has been spent on this effort. In order to provide for funding capacity for this ongoing program and other capital infrastructure needs growth in operating lines has been and wiil continue to be restricted. We would anticipate relative departmental spending targets going forward within the lowest quartile of peer communities. Tax Levy The property tax levy for the 2008 budget year totals $12.2 miilion, approximately 3% higher than 2007. This levy increase is lower than the past severai years and reflects a conservative approach with limited budget growth for the coming year. A conservative approach is being taken because of the downturn in the metropolitan economy restrained budget growth to protect against creating unbalanced future budgets. The 2008 levy includes $1.6 million towards debt service including nearly $1.4 miilion for the support of the pavement management program. Over the past ten years the dollar increase in the tax levy has averaged between 6% and 7% annualiy except for the 2002 budget year. The growth in the property tax Ievy has foilowed growth plus inflation over recent years. The larger increase in the 2002 budget year resulted from the elimination of approximately $1.4 million in state aid in the Homestead Credit and Agriculturai Aid (HACA) program. $ia,000 . $12,000 $10,000 58.000 $6,000 $4,000 82 000 $- Propety Tax Levy (in 720/- 100% 8 0"/0 --- 60% ---� 40%0 - ^ 20% � 00% Percent increase in levy . V uch of increase due to ,i ehmmanon of Stalc A�d __ .. _— _ g� � Homes[ead Credri I,pNan Debt LeVy,�]DebtLeVy� 7999 2000 2001 2�02 2003 2004 2005 2�06 2007 2008 i 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Property Tax Rafes The tax rate for the City will decrease for taxes payable in 2008. The projected 2008 tax rate is 35.5% which compares to the 2007 rate of 36.2% and the 2006 rate of 37.9%. The tax extension rate has been in general decline (aka improvement) since the high year of 2002 which was created by an elimination in state funded property tax support to many cities including Cottage Grove in that same year in addition to significant changes in the State Classification system that took effect in 2002. These tax rate improvements have resulted from taxable market value growth and creation of new taxabie properties (tax capacity growth) beyond spending increases of the City. Tax Extension Rates 50 I 0 45 , HACA CW� � 40 � _—_ \ � 35 p � 29 6 �^ 30 � 26 5 277 27 � U O � ZS ' —__ "�� - 43 � i= �. 392 379 362 35 5 20 � rn rn O o 0 0 0 0 0 0 0 rn rn o 0 0 0 0 0 0 0 0 N N N N N N N N N Taxes Payable Estimated Market Value vs Net Tax Capacity (in 1000's) I „ 3,500,000 , � s,000,000 � 2,50Q000 �p 3 Z,���,Q�� � j 1,500,000 I � 1,000,000 W 500, 000 35, 000 30, 000 25, 000 2�,��� 15, 000 10, 000 5, 000 Y u R a R U R H d Z _ i i i _ 6)O�NMd'lnGOi�CO � O O O O O O O O O � N N N N N N N N N —�--Estimated MarketValue —v—NetTaxCapacity I In comparison to other metro area communities the local Cottage Grove tax rate has consistently resided above mean levels. This is due in large part to taxable tax capacities below those of peer communities. A challenge of the City Council over the past decade has been to improve our relative tax capacity position. While improvement has occurred within this measure significant improvement continues as necessary to achieve property tax wealth at mean levels m � 2007 Tax Rate Comparison - Selected Metro Area Cities 0 60 . � 50 — W 40 — _ � _ [l � n (� n �' � � 30 �, ZO « �� 10 � 0 U x F Meap 33.20 % � _ � (6 T N G C C(6 N� C(6 >. C N N N� N'O (6 2 N N N T C- N N 3 '� �, � Y N C>, Q W V/ (6 fA N C N N� p�> Y � O C� O�(6 m.� �>(6 Q.N (n � N� pom�mY a�o Z a o ��o -OCQ�m o�tUUCj 3 ` ° ��o �Jmo Q G S N-1 fl- N O.- CL � �' L t �(/J '= O a mU � � � am.� o tA .c ¢ i 5 ���g z a ��� �� , � Metro Cities —2007 Mean ' of the metro area. Tax capacity Comparison The City af Cottage Grove higher than average tax rate correlates directly to the City's lower than average tax capacity per capita. At $776 of Taxable Tax Capacity per capita in 2006, Cottage Grove ranks 28`" of 36 for the group of inetro area comparison cities. This lower tax capacity per capita means it requires a higher levy rate for Cottage Grove to raise the same level of tax revenue compared to peer cities. For example, on average, Cottage Grove raised $281 per capita based on our tax rate (36.19% x 776 =$281), while Rosevilie, for example, raised the same $281 per capita at a lesser levy rate due to greater property tax wealth (23.01 % x 1221 =$281). Roseville is able to do this with a significantly lower tax rate as they have a much higher taxabie tax capacity per capita. It is this lower tax rate that results in lower taxes paid by each property owner for similar valued property. Tax Rate Companson Metro Cities 19,000 to 60,000 population Rank City name 1 Edina 2 Eden Prairie 3 fWnnetonka 4 Golden Valley 5 Chanhassen 6 Roseville 7 Woodbury 8 Maple Grove 9 Shorev�ew 10 Shakopce 11 St Louis Park 12 Maple�wod 13 Roserrount 14 PriorLake 15 Lakeville 16 Appie Vailey 17 Inver Grove Heights 18 White Bear Lake 19 Savage 20 Lino Lakes 21 Fridley 22 Blaine 23 �kdale 24 Andover 25 Richtield 26 Hastings 27 New Brighton 2$ Coftdqe Ca�ove 29 New Hope 30 Ramsey 31 Champlin 32 Crystal 33 Chaska 34 South St Paul 35 Brooklyn Center 36 Arioka 2006 22.61 28.56 28.60 43.31 26.64 23.51 29.02 30.23 23.97 30.97 36.34 31.95 43.75 31.30 31.61 35.69 35.55 18.57 46.49 41.40 31.94 3123 32.01 31.56 3923 49.82 34.14 37.92 42.10 39.35 32.64 36.75 20.13 34.99 46.93 38.74 2007 21.15 28.05 28.42 41.29 23.80 23.01 28.10 32.89 23.30 31.94 34.74 31.95 42.52 28.43 31.58 34.89 36.51 17.71 50.16 39.00 31.35 29.66 29.10 31.00 35.78 49 24 33.02 36.19 42.10 3922 32 45 37.17 19.82 34.14 48.07 37.33 F� iT. �, 3 L$ t�^- i d�Z ��:� l b17 �'.11 ETi 9 ta� cap per cap 2,149 1,717 1,753 1,834 1,425 1,519 1,306 1,336 1,241 1,242 1,289 1,206 1,113 1,044 1,073 1,066 1,067 1,036 1,067 956 1,176 1,008 957 886 1,025 846 990 845 916 967 896 826 1,005 792 843 844 taxabie tax Generated cap percap 1,831 1,488 1,481 1,425 1,299 1,221 1,206 1,160 1,087 1,0�8 1,059 1,048 1,014 1,006 970 941 930 926 923 885 882 855 824 798 796 782 782 776 775 737 730 725 699 682 655 635 percap. $ 387 S 417 $ 421 S 588 $ 309 $ 281 $ 339 $ 381 $ 253 $ 344 $ 368 $ 335 $ 431 $ 286 $ 306 $ 328 $ 340 $ 164 $ 463 $ 345 $ 277 $ 254 3 240 5 247 $ 285 $ 385 $ 258 $ 289 $ 326 $ 289 $ 23� $ 269 S 138 $ 233 $ 315 $ 237 The 2007 Cottage Grove tax rate had dropped to 12` high among peer communities. It is anticipated that the 2008 tax rate will be at or below that relative ranking. It is anticipated that only tax capacity growth beyond the metro mean will provide the opportunity for further improvement in tax rate and ranking over succeeding near term budget periods. Cottage Grove - Ranking of Tax Capacity Extension Rate - Metro Area Comparison Cities iE9 73 9 9 4 1�17 >> �z 10 q q 9 8 e� ��' a o° o'` oti o`� o°` o`' o`O o� ,�� ,�� ,�o ti o , � , ti o ti o ti o , 2008 Budget Initiatives 1. Capita! Improvements During 2008 it is anticipated that we will continue to effect infrastructure and facility improvements. It is currently programmed to enter another pavement reconstruction project. For 2008 the pavement management district includes the area generally bounded by 80`" Street to 70` and from Ninton Avenue to just west of Jamaica in an area with pavement condition ratings between 30 and 59 on a 100 point scale. In this same year we intend to expand the Cottage Grove Ice Arena by a second fuli sheet with construction completed by fall. Recent programming for a Public Safety/City Hall project is expected to be delayed due to uncertainty created by the housing market declines, implementation of space planning within current facilities, and projections of other budgetary requirements. Storm water improvements have been a top priority in the past few years. However, for 2008 we anticipate closing out ongoing projects without initiation of additional large scale projects during the budget year. The same holds true for park projects with the possible exception of Camel's Hump construction (scenic overlook project) which would be completed concurrent with the adjacent subdivision which provides access to this important park, geologic and historic resource. Another potential 2008 project would be the completion of the Hamlet Park reconstruction shouid funding become available. During 2007 we are compieting infrastructure improvements to provide the opportunity for subdivision construction in the Upper Ravine Neighborhood of the East Ravine Development District. It is anticipated that subdivision infrastructure construction will foilow. We expect to complete planning the future redevelopment of the County Road 19 and Highway 61 lnterchange by early in 2008 but we are not anticipating near term construction absent receipt of third party (federai and/or state) funding. Replacement of capital equipment (primarily rolling stock) is delayed beyond 2008 but for equipment of absolute necessity in an effort to extend one more year of life beyond scheduled replacements. At the same time, however, the budget allocates $400,000 toward the equipment replacement fund in case of mid year equipment failure. Absent this circumstance this allocation will be made available for 2009 purchasing. Long anticipated enhancements in 800 MHz public safety communications systems wili occur in 2008. Funding has been made available from 2007 budget allocations, receipt of grant funds and a small 2008 budget allocation. Third party decisions are impacting the 2008 budget. Included is the requirement to complete a Comprehensive Plan update ($135,000 in 2008 included in all budgeted operating funds) as well as a state requirement to contribute a greater contribution toward the Public Employees Retirement Association $51,��0 in 2008. In addition, we are budgeting for a$21,000 increase within fuel budgets for 2008, or approximately 5.5%. Financial Summary 1. GF Revenue and Expenditures Revenues: Generai property taxes Licenses and permits Intergovernmental Charges for services Fines and forfeits Interest Revenue Miscellaneous Subtotal before transfers Transfers In Total revenues Expenditures: Employee Services Supplies Contractural Services Capital Outlay Misceilaneous Subtotal before transfers Transfers Out Total expenditures 2008 Budget $9,620,000 695,325 506,950 1,201, 050 226.000 297,000 41, 250 12,587,575 12, 587, 575 7, 975, 950 1, 016,250 2,612,370 491, 200 24,765 12,120, 535 467,040 12,587,575 2007 Budget $9,175,050 9 , 266, 650 497,200 1,148,600 211, 000 175, 000 48, 800 12,522,300 12, 522, 300 7,711,100 986,220 2,547,200 707,550 59,690 12, 011, 760 510,540 12,522,300 % Change 4.85% -45.11 % 1.96% 4.57% 7.11% 69]1% -15.47% 0.52% 0.52% 3.43% 3.04% 2.56% -30.58% -58.51 % 0.91 % -8.52% 0.52% Revenues over (under) expenditures 2. Enterprise Fund Revenues and Expenses In total, 2008 budgeted enterprise funds show an increase in ooerating income of 14.4% over 2007. The increase in revenues results from increases to the water rates, approximately 3%, and sewer rates, approximately 8%, for 2008. These rate increases were needed to cover increased expenses related to deprecation on contributed assets over time. These assets are those installed by developers and turned over to the City. Much of the increase in enterprise fund operating expenses can be attributed to increases in charges by the Metropolitan Councii for wastewater treatment, increased costs in items for resale in the River Oaks Golf operations, and the addition of a new program in the ambulance service to develop a part-time paramedic core to address scheduling difficulties. Water Sewer Street Lights Golf Operating Revenues $ 2,140,000 $ 2,181,000 $ Expenses 1,424,850 1,950,500 Operating Income 715,150 230.500 652,700 5 1,697,200 490,000 7,547,460 162,700 149,740 Interest Revenue 90,000 185,000 79,000 - Transfers/other 291,200 (71,700) (9.000) - Depreaation (795,900) (389,000) (114,400) (162,900) Debt Service (97,200) - - (100,040) Net income Qoss) $ 203250 $ 74,800 S 718,300 $(113200) Cottage Totai Totai percent Grove EMS 2008 Budget 2007 Budget Change $ 1,122,600 S 7,793,500 S 7,432900 49% 1,061,550 6,474,360 6,279,915 31°/ 61,050 1,319,140 1,152,985 74.4% 3,700 (46,100) $ 18.650 $ 354,000 305,000 16 1 % 274,200 270,100 1 5 % (1,508,300) (1,321,600) 14.1°/a (197,240) (220,000) -10 3°/ 241.800 S '186,485 29 7 % 3. Fund Balances One of the goals of the City Council is to ensure that resources are maintained to adequately provide for cash flow reserves and to finance contingencies. In 2003, the City Council amended the City's Fund Balance Policy for the General Fund to provide for cash flow requirements, emergency and contingency needs, liabilities for compensated absences as well as specific programs for the subsequent year. The policy calis for cash flow designations equal to 50% of the following year's property tax levy, and state aids. The emergency and contingency needs portion of fund balance is equal to 10% of the following years budgeted expenditures. Designations are aiso made in an amount equai to the earned but unused compensated absences at year end. in addition to these designations at year end the City Council may designate fund balance for specific purposes to be completed in the following year. The trend in the General Fund — Fund Balance over the past five year period has consistently been over 60%, signifying a healthy fund balance and the ability to fund the elements in the policy without drawing on reserves. 70% Fund Balance as % of Budgeted Expenditures . .............; 60% ... ,,.,. W ,,,.,,.,_ ......... ......W 50% 2004 2005 2006 2007 2008 At the end of each calendar year, and once each of the above designations is met, the excess is transferred to other funds as directed by the fund balance policy. The amounts in excess of the designations are transferred to the Outstanding Debt Reduction Fund (35%), the Equipment Replacement Fund (25°/o), the Building Replacement Fund (15%), the Future Pavement Management Fund (10°Jo) and a portion is allocated to budget carryovers (15%). Over the past five years the approximately $3.1 million has been transferred out of the Generai Fund and is designated for these specific purposes. Cumulative designations: Outstanding Debt 1,279,295 Equipment Replacement 913,782 Building Construction 548,269 Future Pavement Management 365,514 3,106, 860 The total balances in budgeted funds and/or net assets at the end of 2006 (the most recent audited balance) was approximately $�2 miilion. The net assets for the enterprise fund do not represent avaiiabie/spendabie resources but rather represents the historical asset value (historical cost) less associated liabilities. Fund Name Generai Special Revenue Equipment Replacemen Seal Coating Fund Recycling Gambling Community Watch Forfeiture Ice Arena EDA Future Econ Developme Enterprise Water Operating Sewer Operating Street Light Storm Water Golf Course Cottage Grove EMS Internal Service Selflnsurance Fieet Maintenance FUND BAIANCE SCHEDULE 2007 2008 Budqet 2005 2006 Estimated 2008 2008 Estimated Ending Ending Ending Budget Budget Ending Balance Balance Balance Revenue* Expenditures*` Balance 7,636,361 7,851,581 7,851,581 12,587,575 12,587,575 7,851,581 1,643,359 0 70,020 7,582 0 45,156 193,185 1,305,868 2,013,671 2,233,921 0 73,356 11,427 0 71,126 243,115 1,436, 860 2,660,680 2,310,921 (20,000) 73,456 11,427 0 8,126 356,115 1,798,960 2,300,680 500,000 405,000 51.550 12,000 7,040 42,600 547,215 176,000 115,700 25,987,592 27,453,138 27,544,338 2,521,200 18,868,675 20,216,177 20,227,427 2,383,500 5,102,551 5,405,300 5,505,400 731,700 358,395 194,102 310,195 806,462 624,661 591,798 516,538 1,697,200 547,167 565,048 624,243 1,174,900 1,780,792 1,806,397 1,781,89] 1,283,200 1,247.571 1,259,310 1,268,510 1,001.300 67,459,702 72,088J48 7'L,46y,814 26,044,142 129,000 462,400 51,450 12,000 7,040 136,237 542,800 175,300 430,000 2,462,950 2,374,400 632,800 703,250 2,250,900 1,135,450 1,279,600 995,000 '26,368,152 'Budget revenues includes transfers in. **Budget expenditures includes transfers out, enterprise capital outlay, and enterprise principal. 4. Debt As of December 31, 2007 the City of Cottage Grove has approximately $20 million in outstanding debt resulting in $589 in outstanding debt per capita. Special Assessment Debt (Tax Supported) Speaal Assessment Debt (Developer Initiated Projects) Capdal Improvement Bonds Tax Increment Finanang Bonds Water Revenue Bonds River Oaks Revenue Bonds Balance Principal Due Interest Due 12/31/2007 in 2008 in 2008 $ 12,450,000 $ 920,000 S 470,661 410,000 410.000 5,125 495,000 240,000 11,250 3,490,000 275,000 165,055 1,885,000 145,000 95,439 1,425,000 330,000 37,240 $ 20.155,000 $ 2,320,000 $ 784,770 2,681,921 (77,400) 73,556 11,427 0 (85,511) 360,530 1,799,660 1,986,380 27,747,588 20,242,227 5,623,700 413,407 403,338 691,493 1, 785,497 1,274.810 71.784,104 The outstanding debt grew from 1994 until 2003 when it peeked at $33.4 million or approximately $1,061 per capita. In 1994, the City began its Pavement Management Program to aggressively address aging streets. In 2003 and 2004, the City completed the largest phase of this program and incurred $7.8 million in outstanding debt. In 2008, the City will be moving into another phase of the program and may incur up to $6 million in special assessment debt. If $6 million in debt is issued along with the 2008 scheduled principal payments the debt per capita would climb to approximately $690/capita the same as 2006 levels but still significantiy below the peek year of 2004 at $1,061 per capita. The totai outstanding debt (including all sources of repayment) has been reduced significantly over the past few years by a change in the way developer installed utilities are financed. Over the past few years the financing was done through an inter-fund loan instead of issuing bonded debt. We were finding that the subdivisions were built, houses sold and special assessment repayments received prior to the final bond payment debt. In the future we may need to again look to financing developer instalied utilities with bonded debt as full build out of subdivisions is bec�ming protracted with the siow down in the housing market. Total Outstanding Debt! Per Capita i 5i 200 $1 C00 - - -- -- --- I 3800 -- — --- $600 �' � s<oo ' � � I. � ; Szoa so Total Outstantling Debt 340,600,600 §35,000,000 y30,000,000 - - A 525,000,000 i ,. � - $20,000.000 +-- - p�F'�;� - - �-�, $15,00�000 � - - =- s�o,000.000 � �-�- '- ss,000 000 ' z - - so !oTOtal OuistarC�rg DeCUPerCa�:a __ __ I m����� m��� 8 8 8 8 3 8 8 8 8 �- �- N N N N N N N N N �SpecialASSessmentDebt ■StatefutlDebt �9PropnetaryFUntlDebt �TaxlncremenlDebt ■ CapRal �ease Debt Looking only at taxpayer supported debt (debt that is partially supported by a property tax levy) the total outstanding debt at 12-31-2007 was approximately $12.9 million. The tax supported debt includes the special assessment debt incurred for the pavement management projects ($12.4 million) and $495,000 for the remaining debt on the 2003 Capital Improvement Bonds. The debt as of December 2007 equates to approximately $378 per capita. The debt to be issued in 2008 for the Pavement Management Program is approximately $6 million and wili increase the taxpayer supported debt. If $6 million in debt is issued along with the 2008 scheduled principal payments the debt per capita would climb to approximately $515. This $515 is higher but still significantly lower than the peak per capita debt of $576 in 2002. Tax Payer Supported DebVCapiW s�oo , ssoo -�- - — -- ------ Ssoo ; --- - � - -- --- ', - $aoo � I� $300 I - c �,_� $200 ; ' $1�0� =; �` _ — _ _ — t997 1998 1999 2000 200t 2002 2003 2004 2005 200fi 2007 2008 o Taz Payer Supported DebtlCapi a 5. Financial Measures o Current tax collections as % of levy • GF Property taxes as % of GF revenues . Health insurance as % of budgeted personal services • PERA / FICA as % of budgeted personal services • Interest earning as % of Portfolio • Res % of tax base . Commercial / Industrial % of tax base . 6. Performance Measures Included with the Budget document this year is a section titled "Performance Measures" that can found on Page _ The report is intended to be informational. Our goal is to provide the City Council and staff with independent, impartial assessments of past performance to strengthen public accountability, improve government efficiency, and support future decision making. The pages are oriented to allow us to accommodate the most data with the inclusion of schematic graphs. The graphs are intended to help show the trend of data over a period of time, and the time frame for most measures is from 1997 to 2006, with a target year in 2007. The five program areas of focus are City Council, Administration, Public Works, Public Safety, and Community Development. Performance Measures provides a more meaningful guage of a departmenYs activities. Most notabie in this regard are the various Public Works programs. Due to the Performance Measures being a new project for the City, historical data is not available for many of these measurables. In the long run, however, we believe we will be able to monitor the activities in ali areas. This document is to affirm the value of developing leading indicators in order to take corrective action and to document the performance dividend from professional measurement. In sum, performance management is a fundamental practice of a professionally managed community. We hope that users of the budget document find this information of value in looking for ways to improve city performance. Staffing The 2008 budget does not propose any enhancements within full-time regular staffing complements. We have provided for a budget allocation which will allow for consideration of a casual paramedic program within the EMS system and we are providing a minor enhancement within part time community service officer staffing. Further, the 2008 budget absorbs full year costs for positions that were added in 2007. At the same time we are proposing attritioning positions during 2008 with implementation of early retirement programming. Staffing levels at Cottage Grove have experienced growth over the past ten years in response to household and population growth. That growth has been entirely within public works, public safety, and goif course areas (absent communications center staffing reductions due to consolidation with the County) as general government staffing continues at the same levels as existed in 1997. This year the Personnel Aliocation table has been updated to include the City's part-time hourly employees. These part-time hourly employees' actual hours from 1998 through 2006 have been conve!ted to FTE's. The 2QQ7/200$ FTE's are based on each departmenYs budget request for hourly/seasonal employees. The inciusion of these employees has increased the amount of FTE's by 27.42. From 1998 to 2008 the amount of FTE's increased by 34.67, which was Iargely due to the number of part-time hourly employees. Public Safety increased 11.61 FTE, which mostly consists of Fire and EMS part-time employee hours. Public Works increased by 12.07 FTE's. This increase is from the addition of regular FTE's and the additional part-time hourly empioyees. Finally, the Goif Course increased by 10.43 FTE's, which was in large part due to the opening of the clubhouse in 2000. General Government Pubiic Safety Public Works Golf 1998 1999 2000 2001 23.45 2112 2124 21.71 59.46 66.41 70.51 73 49 50.82 5440 55.�8 56.16 1139 16.63 22.80 23.76 145.12 158.56 169 73 175 11 2002 2003 2004 2005 2006 2007 2008 21.62 22.02 22 09 22 58 23 56 24.02 24.02 73 45 69 94 69 77 72.51 73 56 69.78 71 07 58 93 56.39 56 86 58.60 60 44 63 04 62.89 27 30 27 19 24 50 2"1.89 19.78 21 82 21.82 181 30 175.54 173.22 175.58 177.34 178 65 179.80 # FTE added from 1998 to 2008 Generai Government 0.56 Pubiic Safety 11.61 Pubiic Works 12.07 Golf 10.43 34.67 In comparison to peer metro area communities Cottage Grove staffing levels should be viewed as moderate. Our comparison to these cities does not include our part-time houriy employees (nor those within the comparison group of cities). in totai our 2007 Fuil time staffing is at 3.67 employees per 1000 residents. This compares to a mean of 4.10 in that year for peer communities. It is anticipated that our relative staffing leveis will decline over time through ongoing implementation of technological and production efficiencies. 2007 Staffing Comparison Most staff, does not inciude golf, assessing, legal, etc. Population* Name # of Staff StafflPopulation (thousands) 66,709 24,927 51,722 54,020 24,071 58,420 48,988 21,395 19,698 33,179 22,595 21,749 60, 955 33, 882 19,418 24,662 51,657 20.747 54,091 71,048 22,113 29,335 61,262 47,448 36,279 28,137 20, 078 21,489 44,380 20,510 6671 Eagan 24.93 White Bear Lake 5172 �akeville 54.02 Blaine 24.07 Champlin 58.42 Maple Grove 48.99 Apple Valley 21.40 Prior Lake 1970 Lino Lakes 33.18 Cottage Grove 22.60 Crystal 2175 Ramsey 60.96 Eden Prairie 33.88 Roseviile 19.42 Rosemount 24 66 Savage 51.66 Minnetonka 20.75 New Hope 54.09 Woodbury 71.05 Brooklyn Park 22.11 New Brighton 29.34 Shakopee 61.26 Burnsviile 47.45 Edina 36.28 Maplewood 28.14 Brooklyn Center 20.08 South St Paul 21.49 Hastings 44.38 St Louis Park 20.51 Goiden Vailey 181.0 81.0 168.6 177.0 80.0 203.0 176.0 78.0 72.8 121.9 87.5 85.3 244.5 137.8 82.5 105.3 220.8 89.0 232.3 306.5 95 7 132 3 277.4 215.0 166 0 133 0 98 0 109 5 231 0 107.4 average 2.71 3.25 3.26 328 3.32 3.47 3.59 3.65 3.69 3.67 3.87 3.92 4.01 4.07 4.25 4.27 427 429 4.30 4.31 4.33 4.51 4.53 4.53 4.58 4.73 4.88 5.09 5.21 5.24 Notes of Appreciation 4.10 2008 Budget Transmittal Memo To: Mayor and City Council From: Ryan R. Schroeder Subj.: 2008 Goals Date: March 4, 2008 �� U""'_ ��� � � V — On your agenda for March 5, 2008 is an item requesting a date for a goa! setting session. Attached is a draft of the transmittal letter for the 2008 budget which includes some goals discussion as well as background information on items of note relating to the budget and financial position. Enclosed is a reformatting of a portion of that material which is limited to just the goals. Included is: 1. Existing 2007 Council Goals 2. 2007/8 Goals and Objectives portion of the 2008 Budget Transmittal 3. 2007/8 Goals with status updates for each goal If Council provides for a goal setting workshop staff would be interested in receiving feedback on the foilowing issue areas: 1. 2009 Budget and Levy: The goai for the 2008 budget was to provide a tax levy that resulted in roughly a $0 dollar tax increase for a typicai homeowner. Additionally, Council was keenly aware of the relationship of the local tax levy in Cottage Grove relative to that of peer communities. There was a desire to improve our relative ranking in levy rate comparisons with a resulting levy below 36%. We were able to accompiish all three. For 2009 Council should note that both the Governor and the Legislature are talking about Levy Limits as well as reductions in LGA and MVHC two of which could impact Cottage Grove going forward. Staff aiso is currently projecting 0% taxable market value appreciation for taxes payable 2009 (we will have a better handie on this topic latter in the year). The question remains, however, as to what our budget goals should be for 2009 2. Fund Balance Policy: Since 2003 we have followed a Council policy to designate year end excess revenues/expenditure savings to specified funds. The initiative was an attempt to build up fund reserves in areas where current reserves were insufficient projecting out future needs and to also proactively address debt and future debt. Fund designations are currently as follows: Debt Reduction Fund: 35% Equipment Replacement Fund: 25% Memo To: Mayor and City Council From: Ryan R. Schroeder Subj.: 2008 Goals Date: March 4, 2008 On your agenda for March 5, 2008 is an item requesting a date for a goal setting session. Attached is a draft of the transmittal letter for the 2008 budget which includes some goals discussion as well as background information on items of note relating to the budget and financial position. Enclosed is a reformatting af a portion of that material which is limited to just the goals. Included is: 1. Existing 2007 Council Goals 2. 2007/8 Goals and Objectives portion of the 2008 Budget Transmittal 3. 2007/8 Goais with status updates for each goal If Council provides for a goal setting workshop staff would be interested in receiving feedback on the following issue areas: 1. 2009 Budget and Levy: The goal for the 2008 budget was to provide a tax levy that resuited in roughly a $0 doilar tax increase for a typical homeowner. Additionaily, Council was keenly aware of the relationship of the local tax levy in Cottage Grove relative to that of peer communities. There was a desire to improve our relative ranking in levy rate comparisons with a resulting levy below 36%. We were abie to accomplish all three. For 2009 Council should note that both the Governor and the Legislature are taiking about Levy Limits as well as reductions in LGA and MVHC two of which could impact Cottage Grove going forward. Staff also is currently projecting 0% taxabie market value appreciation for taxes payable 2009 (we will have a better handle on this topic latter in the year). The question remains, however, as to what our budget goals should be for 2009 2. Fund Balance Policy: Since 2003 we have followed a Council policy to designate year end excess revenues/expenditure savings to specified funds. The initiative was an attempt to build up fund reserves in areas where current reserves were insufficient projecting out future needs and to aiso proactively address debt and future debt. Fund designations are currentiy as follows: Debt Reduction Fund: 35% Equipment Repiacement Fund: 25% Building Replacement Fund: 15% Future Pavement Management Projects: 15% Budget Carryovers ( Uncompleted Projects: 15% Over the past five years the first four of these funds have received $3,106,860 in yearend cash transfers as follows: Debt Reduction Fund: $1,279,295 Equipment Replacement Fund: 5913,782 Building Replacement Fund: $548,269 Future Pavement Management: �365,514 Continuance of this policy is recommended. The policy has ailowed the City to create solvency in the equipment fund (at one point it had a negative cash balance) and to accumulate seed capital for future building projects. It has also improved our flexibility in debt issuance (we most often fund short term or lower cost projects internally so we do not have the expense of going out to market), and improve our standing with the debt rating agencies (rating has improved to AA3). However, being five years oid it makes sense to check in as to if there is a desire to maintain or amend the policy (current policy amended a 1999 policy which designated fund balance for general fund cash flow needs as at present (60%} but had not designated further). 3. Levy practice to create fund reserves Our practice the past few years has been to levy for future buildings and future pavement management. The intent is to reduce the amount of debt that wili need to be issued forfuture projects (City Hall/Pubiic Safety Building and future roadway improvement projects). For the pavement projects cities often use a similar mechanism (referred to as a Public Improvement Revolving Fund, PIR) to accumulate cash to allow them to pay cash for roadway projects rather than to issue debt. Often with a PIR fund debt is issued to accumulate the cash. We have been doing so on a cash basis, accumulating funds through the levy rather than paying issuance and interest expense of a bond issue. We recommend continuance of the practice so long as we have budget ability to do so. 4. City Hallt Public Safety Building The City undertook a Space Needs Study for general government and public safety needs in 2006 (6121/06 workshop direction). An outcome of that study was inclusion of a potential $12.6 million project in the 2007-11 CIP in 2010. In reaction to current economic conditions the 2008-12 CIP projects a�15 miliion project "post plan" meaning beyond 2012. The rationale is that with slow growth both our needs for expansion and our ability to provide funding has changed from 2006 assumptions. It is also notable that as the 2006 study was concluding the City migrated the PS communications center to Washington County. Also, technology enhancements and shifts ir duties have al{ow�d far siafiFirg reductions in both generai government and public safety, further reducing the immediacy of need for a facility. In the space needs study we had projected 2040 public safety back office staffing at 25 positions. This likely will be reduced to 12 to 14 positions given migration of the communications responsibilities. We have realized current year reductions in staffing compliment in both general government and public safety areas totaling 4 positions in addition to loss of the 7 communications positions authorized in 2006. Council has provided funding for remodeling projects in City Hail improving current space utilization. All told, we have picked up 1032 square feet of space (150 SF reception desk converted to conference space, 532 SF Dispatch room converted to Sergeants offices, and 350 SF former Administrative conference room converted to PD investigator offices}. We aiso converted 800 SF of former Recreation offices (that had relocated to the Ice Arena) to conference and community development space. As a resuit of staffing reductions and City Hall remodeling it wouid appear that we have increased capacity at City Hali by perhaps six years or longer (growth dependent). it would seem that proceeding toward a City Hall/PS project would not be prudent ahead of stabilization of markets and the economy. Staff, however, is interested in receiving feedback on Council commitment to a future project and potential schedule. 5. Development issues My characterization of the past ten years relative to economic and community development goes something like this: 10 years hence: Any development is good development 5 years hence: Development Enhancements Current year: Pursuit of specific end uses Over this past ten years expectations have grown significantly. We are interested in receiving Council commentary on how to go forward. Some of the questions that perhaps can be addressed are: A. What should Cottage Grove look like 10 or 20 years from now? B. How shouid Cottage Grove attempt to distinguish itself from other developing communities? C. What are some of the larger changes that will shape the vision? (e.g. environmentai sustainability, demographic changes, etc) D. What kind of commercial and industrial development would we like to see, $�i(: hOW �f�{lt fF18t ;elate ta timing expectatians of that developmer.f? (for instance, attraction of a corporate campus would protract industrial development much more than pursuing the current development pattern) 6. Park and Community Center According to the DRL survey there would appear to be significant support for continued efforts to improve the park system. There is also some level of support for a community center project. DRL reported that there was perhaps tax levy support of $25/householdlyear toward a community center. At 11,700 households at 5%/20 year that equates to about $3.3 million in capitai cost if one assumes a community center operation wouid break even (which does not seem to be highly likely). Most recently Council discussion on the topic has suggested support for a joint venture over a stand- alone project. The DRL response would seem to favor that as well as there wouid not appear to be levy support sufficient to cover the expense of a stand-alone project. Financial capacity, however, of such a project would be highiy dependent upon Council response to the City Hall project noted above and other economic and fiscal issues. We are also continuing to attempt to put together something on a river access to the Mississippi from the Grey Cloud Island. The Community Development Director has a meeting set with the County Parks Director for mid March to discuss moving this project forward. We aiso are closing on a$5,000 acquisition of property on March 6 for property along the causeway to the isiand. The question however is if Council supports continued efforts on Park System improvement and what to do with the Community Center question. 7. Community Events, programs, and Communication City staff and Council are invoived in a number of events and programs perhaps outside of core functions. Inciuded are: National Night Out, the Holiday Train, Strawberry Fest, Neighborhood Block parties and Neighborhood Watch, CG Yauth Expo, McGruff home project, SRT(i.e. countywide SWAT), Drug Task Force, School Resource O�cer, STOCK (DARE substitute}, Fire Explorers, Arbor Day, PW and Fire Open houses as well as Clean up day/haz waste day, Safety Camp and others. In total, a significant investment in staff time is allocated toward these efforts. At the same time we have been increasing our outreach efforts by hosting neighborhood meetings prior and during development projects; have been improving our web site and cable communications; now have monthly newsietters supplemented 6y the Annual Report and periodic issue based fiyers. We are requesting affirmation that we are to continue dedication of resources toward these events and efforts or to amend the direction. 8. EMS Services Councii has hosted workshops and held budget discussions the past tew years in an effort to forge a direction with EMS services to achieve a break even operating position. Within the 2008 budget we believe we have achieved a balanced operating position. We have reached this point over the past few years by closely watching expenses, but more importantly having reduced reliance on the operating entity itself for total support of staffing resources (in other words the general fund now supports more labor expenses than in the past). We believe we are able to continue to operate in this fashion in the short term without relying upon significant general fund infusions. The EMS system in its current model requires recruitment of PD line personnel with paramedic credentials or in the alternafive an ability to gain those credentials within a short time period. Paramedic officers receive a 7% wage premium for this specific certification and ongoing training. Is Council interested in maintenance of this service or instead interested in consideration of aiternative service delivery mode�s? 9. Councillnitiatives? 10. Reaffirmation of or amendment to Councii Goals Council Action: 1. Set date, time and location for a goals workshop 2. Other direction as required in preparation for a workshop 2008 Councd goals 030408 ,,� -_�_ . . OTTAGE GROVE :, � ' f ,� �, �.,�M _ .� , , ���,�� e�P� � +��s� '�,�� . � �i ,.� :°. 2�07 Ci � � ��tJPdC _, �� v: � ' �, ' . . ,,,�,. , �.:u.,'xn,ri;ws4a: ,-. S„�� �'' � Governance We will promote an enhanced sense of community pride, mutual trust, respect, civility, and a safe and secure environment for the exchange of ideas and collaborative diaiogue throughout the organization, with other governmental agencies, and with the community. Fiscal Stability We will operate in a fscally responsible manner while emphasizing growth and diversity of the tax base and high vaiue fo the ;axpayer and other community s;akeholders. '� Commerciai and industrial Development ` We will place emphasis on quality retail, restaurant, and industrial development. �t�� ; ,^ Development enhancemen s within ail commercial districts will inciude the use of i;�a: t , j ��,,,, development controls, architectural standards and nigh quality site features. �,,,;:„; Particular emphasis will be placed on :he Gateway North Redevelopment District, Jamaica/Cottage View development, the Industrial Park induding creation of ;� ;'�`: corporate campus sites, and planning for high quality master pianned development in the East Ravine. We will also propose a brownfield reclamation strategy. Transportation and Transit We will work with the County to schedule County Road 19 improvements inciuding the Highway 61 interchange, and funding toward 65th, 70th Street and Jamaica Avenue improvements. We will place a high priority on Red Rock Commuter Rail, high speed rail ano express transit service, while we garner intergovernmental funding toward the Highway 61 Gateway corridor ratural resource and bridge enhancements. Housing Development We will ensure that implementation of the master plan for the East Ravine District includes only high quality, high design and amenity development stressing the natural environment complemented by the built environment. Emphasis will be placed on diversity of housing styles targeting the second and third tier move-up buyer. All future housing developments must reflect the community vision established through the East Ravine planning process. Encourage the maintenance of current housing stock through increased code enforcement efforts. Public Facilities We will provide a high level of maintenance and repair and quality of construction of city facilities including municipal structures, parks and community spaces. induded are the municipal utiiities including proactive implementation of storm water and water system improvements. We will establish a vision and strategy for an ice arena expansion, a future government center and/or community center, and a public Mississippi River access. >�r,:�;a,,,ti,,,�:';'i::...,,�, • 2007/8 Council Goals and Objectives Our 2007-2008 Strategic Goals In 7anuary, 2007 the Cit}� Cow�cil provided strategic goals in furtl�erance of the vision and missio?Z in the follo�vine areas: • Governance • riscal Stabiliiy • Commercial and Iildustrial Developmeilt • Transportation and Transit • Housing Development • Public Pacilities Budgetary Objectives Toward accomplishment of Council directed goals staff has created oUjecti��es: • Go��ernance o Provide performance iiieasures and banchmarks to which the or�anization can measm•e atiainment o Provide processes from which the or�anization can set direction Fiscal Stability o Proeide for coutinued muderation of the tati levy rate in comparison to peer communities o Provide for moderation of future operatin� cost increases below our fundii�g ability o Provide for maintzuance of sound fiscal policies Commercial and Industrial Development o Provide for continued developinent oi the indusn�ial park o Provide for continued redevelopment of the Gate�vay District o Procide for plamiing to enhance development potential of the CottageVie«� and iufill sites Transportation and Transit o Provide coutinued support of the Vdal:ota Bridge, Red Rock Rail, and High Speed Rail initiatives o Provide for third party funding of community infiastructure o Provide for planning and construction activities of local roadway inTrasttucture Housin� Development o Proeid� for senior housin�.; develolnnent c Provide for tar`eted high end deeelo}�ment in the East Ra�•iv� and West Dra�v purtions of the communit�,� • Public Facilities o Pro��ide for expansion of the Tce Arena a�id plaiming for maintenance and/�r e�pansion of other municipal buildin�s o Provide for conshuction, maintenance and repair of parks and community spaces c Provide proactive �rov,nh and inaintenance oL municipal utility s� stems Status Update of 2007/8 Council Goals Our 2007-2008 Strategic Goals In January, 2007 the City Council pro� ided strategic goals in Purthera�ice of the vision and mission in the follo�ving areas: • Governance • Fiscal Stability • Commercial and Industrial Devzlopment • Transportation and Transit . Housing Development • Public Faciliiies Budgetary Objectives To« ard accomplishment of Council directed goals staff has created objectives: • Governance o Pro��ide perforniance measures and benchmarks to which d7e oreanization can measure attainment o Procide processes fiom which the or�anization can set directioil � During ?007 ���e completed the 3007-12 Strateaic Plan update for the Ecoilomic Development Aufliorit}�. Included ��as an operational anal��sis of the River Oaks muuicipal golf operations. We also provided our first publishable organization �vide �nnual Repori. Also completed was our first staffing/operational analysis ��=ithin whicl� �ve compared spending and staffing levels to peer communities. We also re-introduced Performance 14easures as part of the 3008 bud�etin� process and adopted the ?008-2012 Capital Improvements plan and a concurrent capital outlay plan �vithin ihe budget re�-ie��� process. Each of these reporting measurables �vili be updated a�ain for 3008. Early in 2008 the Council �vill receive the results of a comprehensive random sample community opinion sur� ey which will be compared a�ainst the CoLUicil set strate;ic direciion and initiatives. Fiscal Stability c Pro��ide for contiilued moderation of the tallevy rate in comparison to peer communities o Provide for moderation of future operatiu� cost increases belo«� our funding ability o Pro� ide for maintenance of sound flscal policies � The Cottage Grove loca] ta�: rate is comparaii��el�� hi�li relati��e to � selected peer group of 3� metro :� connnunities aUove ?O,d00 in population. That relative positioning is created in large part due to a moderate local taa Uase. This ta� base has becn ��rov,�ing oi7 a percenta�e basis beyoild the mea�l of this peer group. Lcen so, in urder to approach the directive future operating cost increases must be clusel}� monitored. R'e will ensure that spendiug levels are less than those of peer communities in respouse to markei value comparisons. That, plus atteution to fuild balance and bond rating grow7h opportuniti�s are of utmost importance. Planning for impacts of moderatine marl�et value gro�n�th the Cit}' im�lemented an early retirement program in 2007. Tl�e result provides poteiuial for 3009 �eneral fund operational savings of $356,000. • Commercial and Industrial Development o Provide for continued development of che industriai park o Provide for continued redevelopment of the Gateway Districi e Pro� ide for plam�ing to enliance development potential of tl�e CottageVie�v and infill sites ■ Efforts to expand the industrial park and commercial redevelopment opporiunities ha��e been successful �vith creation of in e�cess of S61 million in taxable ma��ket calue gro��h due to City initiatives since 1999. Additional industrial growth opportunities e�ist �vith infrastructure in and available within the iildustrial park. T�o�o quadrants of the Gatewa�� district are (m) developed �vith the third under�vay. Plaiming for redevelopment or rehabilitatiou of the fourth quadrant �vill be pursued within an intennediate timeframe. 'I'he East Ra��ine plaiming stud��, completed in ''006 provides impetus to pursue development in the Jamaica/CottageView district a�7chored in the future b} a master planned 80 acre 600,000 square foot retail center at Countt� P�oad l 9 and I3iehwav 6]. • Transportation and Transit o Provide continued support of the V�'akota Bridge, Red Rock Rail, and Hish Speed Rail initiatives o Provide for third party funding of coinmunity infi�astructure o Provide for plamiing and construction activities of local road��a} infrasuucttu�e ■ Efforts to push for completion of the Wakota Bridge project. commenced in �002 must contiuue. Current state transportation goals are to substantiall}' complete this proiect in ?O] 0. The region has realized successfull implementation of the Hiawatha LRT line and funding for the ?�orthStar Corridor CRT line in tl�e northwest por[ion of the meiro. Legislati� e attention appesrs on the A1im7eapolis to Si. Paul Central Curridor which is an integral piece of thz eventua] northeasterlv Rush Corridor or the southeasterl}� Red Rock Corridor through Cotta��e Grove. Legislatiae efforts are also miderway to espand Illinois vzd Wisconsin effarts for hi�h speed rail, on� co�ridor of which cauld be on the Red Rock route. Durin� 2007 the City completed the $4.1 million reconstruction of the Jamaica/TH 61 interchanne ramps and roadwa}� comiections with the first siate sponsored two-lane double roundabout. For 3008 the Cit} is continuing its 1944 initiative to reconsuuct or reclaim roadway surfaces throu�hout the community oaer a f lty year timefranie ���itl� this neat segment (Ideai / Immanuel) projected at a cost of $8.6 million. During 3008 the City anticipates completion of the SE Area Transpoi�tation Study �vhich plans future infrastructure enhancements related to the CRI9ITH61 interchance. • Housing Development o Provide for senior Izousing development o Providz for targeted high end de��elopment in the East Ravine and ��'est Draw portions of the community ■ The City has long sought a multi-fan7ih� senior housiug product. In 2006/7 two projects have been appro��ed and are mlder construction. Included is the 143 unit Norris Squarz project («�ith market rate, assisted and memory care wzits) in the southwest quadrant of the Gateway alona �vith a-�1 uiiii assisied living pllase of the two phase �'hite Piiles pr�ject in the northeast quadrant of this district. Continued opportunit} e�ists for sin,le level active senior housing product Cottage Grove cun�ently l�as a single fainiiy housing market value average of $2: �,000 which is belo��� that of most peer communities. Focus, therefore, is on mo��e-up second and third tier housing buyers as we complete build-out of tIie u'est Draw and as we move into the 4,000 acre East Ravine District. Infrastructw�e ��,�as constructed in the 800 acre Upper Ravine sub-district in _'007 ���ith model homes in the first subdicision c�:pected in 2008. • Public Facilities o Provide for e�pansion of the Ice Arena and plamiing for maintenance andior e�pansion of other municipal buildings o Provide ior construction, maintenance and repair of parks and community spaces c Proeide proacti�>e gro��nh and maintenanez of municipal utilit} s,ystems • In ?00� the Cit}� identified a need to begin plamiiug for futlu�e facilities in boili the puUlic safety aud genera] �overnment areas. ln the 3006, 2U07. and 3008 budget allocatioils aze provided to prepare for this future pr�ject. This project is anticipated to Ue constructed ou a funu�e segment oFthe Ravine Parkway at County Road 19 and 8�` Street just uonh ofthe Washin�ton County Soutl� Sei Center. It is anticipated that canstructiori w�ould be be�•ond ihe 30L timeframe. Ii12007 the City initiated a$6.6 inillion e�pansion of the Cottage Grove Ice ,Arena with construction begitmina early in 3008 with project completion hy October 1. Agreements are in place with our partner organizatians, 3ehool District 833 and tJie Cottage Grove Athletic Assoeiation boih of ��hich have eommitted to provide annua] infusions into d�e operation through purchase of ice time. An increasing emphasis has been placed on both park development and stornl ���ater projects. During '?007 ���e were abie to lecerage both priority areas by creation of storm water improvements �vithin the Pine Tree Valley and I�an11et Parks. These infrastructiu�e projects provided for federal and state mandated �vater qualitt� and quantity improvements while at the same time providing amenities for the user of the park system and adjaceilt residential properties. Puture similar projects are ai�ticipated. As a gro«ing conununity we coiltinually plan for growth of om� water dist�•ibution system. During 2008 «�e anticipate workin� closely with the Minnesota Department of Health on future system capacity and quality enhauceuient. '_��OR S[rate��c Pla�i