File #: 20-604    Version: 1 Name:
Type: Motion Status: Passed
File created: 11/10/2020 In control: City Council
On agenda: 11/17/2020 Final action: 11/17/2020
Title: Consideration of 2021-2022 intended budget and levy.
Attachments: 1. 1- 2021 Budget Update 11.19.20, 2. 2 - 2021-2025 CEP Draft 201007, 3. 3 - 2021-2025 CIP Draft 201007

City Council Meeting Date:                     November 10, 2020

 

To:                                          Mayor and City Council

                                          

 

From:                                          Ben Martig, City Administrator

 

Title

Consideration of 2021-2022 intended budget and levy.

 

Body

Action Requested:                     

The Northfield City Council approve a motion to support a budget and levy increase of ___% to present at the Public Hearing on December 1st.

 

Summary Report:

This is an opportunity for continued discussion on the proposed budget and levy.  Options of 3.7% and 5.7% are presented.  A presentation is attached, staff will be submitting more detail in a supplemental memo.   

 

Alternative Options:

An alternative increase between 3.7% and 5.7% could also be selected.

 

Financial Impacts:                     

Included in presentation.

 

Tentative Timelines:                     

Public Hearing will be held and Final Levy and Budget will be set on December 1st.