File #: 17-981    Version: 1 Name:
Type: Information/Discussion Item Status: Agenda Ready
File created: 8/28/2017 In control: City Council
On agenda: 9/5/2017 Final action:
Title: Review and Discussion of Preliminary Tax Levy and Budget for 2018
Attachments: 1. 1 - 2018 Budget Update 9.5.17
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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City Council Meeting Date:                     September 5, 2017

 

To:                                          Mayor and City Council

                                          

From:                                          Ben Martig, City Administrator

                                          Brenda Angelstad, Finance Director

 

Title

Review and Discussion of Preliminary Tax Levy and Budget for 2018

 

Body

Action Requested:                     

The Northfield City Council to review and discuss the Preliminary Tax Levy and Budget for 2018

 

Summary Report:

Staff has continued to review the initial budget proposals submitted August 15th, 2017 and August 22nd, 2017 to the Council.  A total of $160,602 in adjustments have been identified.  This information and additional analysis has been updated and presented in the attached material for review and discussion.

 

City Administrator Martig will be presenting this information and item at the meeting.

 

Alternative Options:

Not applicable.

 

Financial Impacts:                     

Not applicable.

 

Tentative Timelines:                     

September 12th is the next budget work session and on September 19th the Council is scheduled to adopt the preliminary levy and general fund budget for 2018.