Loading...
13. Finalize Calendar, Financial Policies, City Manager13X, CITY OF �8AN8ASSEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 i I I D 1 r u TO: Mayor and City Council FROM: Don Ashworth, City Manager DATE: August 9, 1995 SUBJ: Finalize Calendar, Financial Policies I've written this memorandum ten times in my mind during the last two months. One version dealt with solely 1995, with other versions attempting to blend future years with the current year. Each version attempted to incorporate ideas by Councilman Senn, but without much success. I think I'm down to needing your help. Factors included in my dilemma include: Accounting/Utility Systems: In January, we anticipated running parallel with Ramsey County through the 1996 budget preparation time frame. By March we realized that that option was too costly, burdensome, and dangerous. I am extremely proud of Pam, Betty and Chris in getting us to where we are, but it did take six months to get these systems functional. Work efforts included: Time Frame Financial Tasks I Utility Tasks Jan. - Mar. Evaluate Alternates /Systems; Accept Proposals; Negotiate Contract; Award Contract Mar. - Apr. Enter: Chart of Accts/Budgets/Balances; Vendors (Names & Addresses); 3 Yr. History by Acct.; Apr. - May Make 95 Roe, & Exp. Entries into both new and old system May - Jun. Parallel runs; Debug /verify balances Jun. - Jul. 1st In -house Acct. Payable; Year to date Bud. Repts. to Dept. Heads * Aug. 1 -15 1996 Budget Request Forms to Depts. incl. History & '95 Year to Date. Aug. Rescheduled Park & Rec. and Public Works '96 Budget Requests. * Copy included in this packet. Re -eval. Acct. Num. System; & Implement. Enter: Customers /Address; Acct. Types Same - Meter Reads /Pymts. Same 1st In -house Utility Bill Printed /Sent (2nd cycle) Monitor 2nd billing cycle for errors. Monitor 3rd billing cycle for errors. MEMORANDUM Mayor and City Council August 9, 1995 Page 2 Revenue Uncertainty- The primary difference between Councilman Senn's schedule and that submitted by staff is timing. Mark would like to see the council in a position of having completed a tentative budget prior to the time that the certification is made to the county for Truth in Taxation notices (September 1 -15). This is where the rub comes as state law also gives the Dept. of Revenue until August 31 to certify homestead credit revenue for cities - -a $1± million ticket item for us. Additionally, we generally do not know the value of new construction until approximately that same time frame. In previous years staff has recommended that we hold as many of the departmental budget review meetings early to allow the department heads to explain what programs they propose to carry out in the following year. Staff has administratively set the amount to be certified to the county with the intent that the city council, during potential discussions in October, November or early December could reduce that to ensure that goals such as a "no property tax increase" could be maintained. I continue to believe that a schedule similar to that previously proposed (copy attached) is the best alternative given the constraints we face. As stated earlier, I need your help. metropolitan area cities, Dec. 4 is also out, because special taxing districts will have their hearings then. Once the city is notified, it has until Sept. 15 to select its hearing dates. ' Aug. 29 First day for filing affidavits of candidacy for Minn. Stat. 205.13, odd -year Nov. 7 city election, if there was no primary Subd. 1 ' election. Aug. 31 Last day for department of revenue to certify to Minn. Stat. county auditor cities' homestead and agricultural 273.1398, Subd. 6 credit for 1996. ' Page 16 LMC Cities Bulletin 1995 Financial Calendar ' Jan Deloitte & Touche pre -audit field work ' Jan Production of 1995 Adopted Budget/Upload to Ramsey County ' Jan 1993, 1994 & projected 1995 cash flow analyses 01/20/95 1995 City Summary Budget Report to Minnesota State Auditor ' Feb Audit confirmations mailed 02/01/95 Report of Outstanding Indebtedness to Carver County Auditor ' Feb -Mar 1995 Bonding -1 st Series ' Apr Assessed Property Value Hearing Apr 1 st quarter analyses of cash flow ' Apr Begin conversion of in -house accounting system May Begin conversion of in -house utility billing system ' May -Jun Deloitte & Touche audit field work ' Jun Production of Comprehensive Annual Financial Report 06/29/95 Application to GFOA for Certificate of Achievement for Excellence in Financial Reporting 06/29/95 City Financial Report to Minnesota State Auditor ' Jul 6 month YTD budgetary data to departments for initial budget request process Jul 2nd quarter analyses of cash flow ' Jul RFP for fiscal year'95 -'97 auditing services 07/29/95 ' Publish audited financial statement in newspaper Aug Council work session to select auditors ' Aug Update debt study with 1994 audited year end data Aug Report to City Council on issues raised in the 1994 audit report ' Aug Completion of accounting system conversion (go live) ' 08/07/95 Work session to review Park & Recreation and Public Works 1996 budget requests g ARCUS CORP TEL:1- 612 - 544 - 0999 Apr 17'95 11:06 No.002 P.02 ' �/O N N G .' I /h f •� r s . d � ,�J� Cu GS C,J /vim- ��`�• �� A oo - ora y pa-4-141- l g�c,r„ 7 N ., /�.���� d � ,�G�� � /U��� C. � off' � � •4 ( .J(A Gy .� p � paw�v►^�+�f'a l �t�� -'�' r'e-� ��s s � b u�, 4--,* C � C.o-u ,t c; r- 1 t a ! wo 5 ►alS - 6 r✓��.v c lap !Jt��� P-V4w►s.�e✓' S Q 1 a- ° Ct �. nf;,�. � G..�Co� � ►'� 05 e,� b oc.,� s� �u�i�tc. tic✓ Co ' 4 .t~S z rivat`C• �.�1'(�f c.t a..� �/ G T 1`i-v►� �S � • Ct) rl G ( j- G V l uJ c s'� a W th' 1 S c S S r v� S o�+ p r� c-7 Gl Y ` Q d•►' e. ,%(� GZ• s h e. t��.o� [N6 6,ovL 15 u 14Ch/l s1 o • H enne Pjn Count E ual O ortunit Em to Q PP V er P V July 31, 1995 Don Ashworth City of Chanhassen 690 Coulter Drive Chanhassen, Minnesota 55317 Dear Mr. Ashworth: RECEIVED AUG 0 3 1995 �! r vr C;r1A1V A, ;sEr�j As required by the Truth in Taxation legislation, we are notifying you of the public hearing dates set for the Hennepin County Board of Commissioners, Metropolitan Special Taxing Districts and the school districts to discuss their proposed budget and property tax levy for 1996: Taxing District Oriainal Hearing Reconvened Hearinq Hennepin County December 12, 1995 December 19, 1995 Metro Special Taxing Districts December 4, 1995 December 11, 1995 School District 272 December 5, 1995 December 14, 1995 We are now asking that you set your city's dates and times for the original budget hearing and for a reconvened hearing. Although we will only be printing the original hearing date on the notice, the reconvened date needs to also be set at this time. The ....................... earliest date is November 29, 1995 and the last date is December 20, 1995, ttetiier «••• w kw• .• ri<iui: \tii•:v % :::,* Also, a reminder that the reconvened date must be at least 5 business days but no more than 14 business days after the initial r)ublic hearina. Since usually the public hearings and the mailing address for comments remain the same, this year we are showing the 1994 data and asking you to confirm or update that information. As required by Minnesota Statute .......... ............................... .......... ............................... .::::...:........:.: Hennepin County General Services Taxpayer Services Division A -600 Hennepin County Government Center Minneapolis, Minnesota 55487 -0060 Recycled Paper ' I 9ARCUS CORP TEL :1 - 612 - 544 - 0999 Apr 17'95 11:06 Ida.002 P.02 I rll�jwd dT [✓.t � �-.��5 G5.� azewlj • Q7"�'G�� d.G^.e�..� � . d � .Ci /s Gusse -S G✓It� G.��• c:�� ' d � �'-C' (i��. !'� �/•! GF'•G+r SGT �it /fC�- t�S��� - i - ( ; Ju L' .� o ��. � B-t/ r Q- l ��� /'�.G I.l e.S'�.S $'�.t b u1►TT�d� � C �-"t�/ � rt G + i .G.v ,- (a � �.+ p n sus s r ol CI , t 'Iro>' C,, f it C R ° C � �-Y � 1�C... � .�� eiC.�'S ` 1`� 0 5 b �� C� Lp. r�.�C S � � G�� �l G• i4 eit.4r I ►'`� "Tv'' ��/G ✓ • C ity CevI-cFyr rapoi �4 -d ' a P 4eZ L Cvu rt { r �V 5es S r c.� .r ors p��Cc� c-7 l.�Y` dd•�'77*�e•. Gc. S �Nvv�&Acll MARCUS CORP TEL:1- 612 -544 -0999 Apr 17'95 L- Eel.d Z;Z;l C c Al /�u0 11:07 No.002 P. 03 1 1 1