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2r. Request to Reallocate the 1994 Contingency Fund ($33,000) to Fund Reduced Revenuesi J 1 CITY OF a a' C8AN8ASSEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 TO: Mayor and City Council FROM: Don Ashworth, City Manager DATE: January 3, 1994 SUBJ: Request to Reallocate the 1994 Contingency Fund ($33,000) to Fund Reduced Revenues The ink is barely dry on the 1994 Budget and $72,000. As can be seen from the attached con Government Aid Trust Fund" is projected to h end of 1994. In creating the trust fund, the; formula which would be put into place if Chanhassen, that will amount to an approxitn payments from the state. The real tragedy has; already facing a deficit of approximately :nce from the League of Cities, the "Local .ficit of approximately $44 million by the are also incorporated into it a reduction revenue was less than budgeted. For 000 reduction in our HACA distribution nth this woeful saga is the fact that the state transferred approximately $136 million in general state expenses out of the state's budget and into the trust fund. Accordingly ne of the reasons that the state budget is currently showing a surplus of $400+ million is the fact that they shifted $140 million into the trust fund. I have already met with all of our` department heads relaying the bad news and the necessity for each of them to go back and -rework their budgets. Assuming the city council approves this request to use the cont,ingency funds to help reduce part of the anticipated revenue losses, I will send out the attached memorandum =officially requesting that our departments help in fording $40,000 from then aggregate bndgets. anticipate that one Qf, the first "reworked" budgets that the council will see will be in the motor vehicle area when the request is made to start the specification process for lesffor 1994 (probably our second meeting *'lanuary). 17 L 1 I would justify the usage of the $33,000 following bases: our $72,000 problem on the Park and Recreation Obiectives The origins for the $33,000 was from park and recreation to ensure that the city could slowly wean itself from using $100,000 per year from the Park Acquisition and Development Fund. The Park Commission's point was that we are currently spending acquisition dollars to refurbish existing buildings and equipment. The Park and Recreation Commission felt that it was important that the MEMORANDUM r Mayor and City Council January 3, 1994 Page 2 original purpose for this fund be re- established, i.e. that monies derived from new home ' construction would be used for land acquisition and park improvements in the vicinity of those new homes. By doing such we would also be keeping pace with development and ensuring that new residents would not crowd out existing residents or overburden existing ' systems. To the extent that we were able to allocate $33,000 in the 1994 budget, albeit not directly for park and recreation, we have now included that in our base level of revenue /expense as we approach the 1995 budgetary process. That means that if we ' could find an additional $33,000 in 1995 we will be one step closer to the Park and Recreation Commission's original objective of $100,000 per year; ' - Practicality Assuming that the Park and Recreation Commission was given the opportunity to try to move the $33,000 from contingency to specific park improvements, such would likely not occur until late in 1994. As a practical matter, although the dollars ' would then be available for that purpose, they could not be spent recognizing the prioritization, specification, bidding process. ' RECOMMENDATION ' This office would recommend that the City Council approve a resolution amending the 1994 budget to show the $33,000 currently being held in contingency as a means to help reduce the $72,000 revenue shortfall anticipated in 1994. Further, I would recommend that staff be charged ' with the responsibility of finding a means to reduce or otherwise modify the 1994 budget so as to find an additional $40,000 to correct the remainder of the revenue shortfall problem. I had considered including in my recommendation preparation of a letter to our senator and ' representative stating our concerns about the trust fund and the action that the legislature took this past year. However, a better approach may be the one being suggested by the AMM which is to invite our legislators to the legislative reception being hosted by AMM during February. ' Typically, the legislators are then invited to have dinner with the cities represented by those legislators. It's much easier to verbally communicate your concerns if legislators can see cities are united on certain positions, i.e. raiding of the trust fund. [Note: You should be receiving an ' invitation to the reception/dinner in the near future.] I found it ironic that shortly before writing this memorandum I came across the following I parable, "In times like these it helps to remember that there have always been times like these." See you Monday evening. F L L Vn AD06b CITY OF CH ANHASSEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 MEMORANDUM TO: All Department Heads FROM: Don Ashworth, City Manager DATE: January 3, 1994 SUBJ: Reductions in State Aid -- Necessity to Modify the 1994 Budget Attached you will find the notice that we received -from the League of Cities that our state aid payments for 1994 will be reduced by $72,000: On January 10, 1994, the city council will be making a decision as to whether the $33,000 contingency fund can be used to help lessen the anticipated shortfall. Assuming that the council did approve that recommendation, I would ask each of you begin the process of reworking your 1994 budget so as to see how you may be able to help us solve the remaining $40,000 problem. As Torn and Jean were vitally involved in the detail associated with your budget, I have asked them td ,visit with you in an effort to identify areas where cuts might occur. As we are probably to the point of reconsidering programs, cuts will probably not be "across the board." Thanking you in advance for "your continued cooperation. 1 1 1 1 1 1 1 1 1 ___ A qlg League of Minnesota Cities 3490 Lexington Avenue North St. Paul, MN 55126 (612) 490 -5600 / 14l� /eM / ` . ��� r � 4,7 MEMORANDUM I/ .,ke,," TO: City Clerks and Managers nnnn • FROM: Tim Miller Executive Sector DATE: November 24, 1993 RE: Potential 1994 state aid cuts Although the November 23 state budget forecast projected a $414 million surplus for the state's general fund, the Local Government Trust Fund did not fare as well. In fact, the new forecast projects that the LGTF will face a $44.3 million shortfall by the end of the biennium. Under current law, local government aid and homestead and agricultural credit aid payments scheduled for July and December of 1994 will be cut if the LGTF deficit is realized. ' According to State Revenue Commissioner Morrie Anderson, any necessary cuts will not be based on the November 1993 forecast. The final determination for cuts will be based on the March 1994 state budget forecast and on any legislative actions that might modify the status of the LGTF. He ' also specified that these potential cuts will not affect the December 1993 aid distributions. The LGTF shortfall is due to two developments. First, the expectations for sales tax revenue ' growth for the current biennium have been substantially lowered. The second, and more significant development is related to recent legislative actions. Beginning this biennium, the legislature added the property tax targeting program and the homeowner's circuit breaker to the LGTF. These transfers will ' cost the LGTF at least $126 million, which will significantly reduce the money available for city programs. At the same time, these transfers have effectively added at least $126 million to the state's general fund surplus. Although cities generally agreed to live with the fluctuations in the LGTF, we ' have strongly opposed legislative actions that have increased the number of non -city programs funded by the LGTF. ' According to our best estimates, the $44.3 million LGTF shortfall would result in 1994 aid reductions equal to approximately 2 percent of each city's 1993 certified levy plus 1993 LOA and 1993 taconite aid, for taconite cities.. Therefore, do not use the 1994 certified levy to estimate the impact of ' these cuts. Any reduction could not exceed the amount of LGA and HACA your city is scheduled to ; receive in 1994. The current LGTF forecast does not paint an optimistic picture for the remainder of the biennium. We encourage you to consider the impact of potential cuts before you set your final 1994 levies and discuss this issue with your taxpaKers at your truth in taxation hearing. If you have any questions, please contact Gary Carlson at the League offices. RECEIVED NOV 2 91993 CITY OF CHANHASSEN