HomeMy WebLinkAbout2024-09-03 Council minutes at CITY OF I O WA CITY
MEMORANDUM
Date: September 10, 2024
To: Mayor and City Council
From: Kellie Grace, City Clerk
Re: Council Work Session, September 3, 2024—4:00 p.m. at City Hall in Emma J Harvat Hall
Council: Alter, Bergus, Dunn, Harmsen, Moe, Salih, Teague
Staff: Fruin, Goers, Grace, Knoche, Havel, Sovers, Nagle Gamm, Rummel, Hightshoe,
Ralston, Davies, Ogden
USG: Monsivais, Martinez
(A transcription is available in the City Clerk's Office and the City website.)
1. Clarification of Agenda Items— No discussion.
2. Information Packet Discussion [August 22, August 291
➢ August 22— No discussion.
➢ August 29
1. (IP5 — Memo from Councilor Moe: Pop-Up Metro Site visit, August 13 - 14, 2024)
Councilor Alter asked Councilor Moe what their overall impression of the visit was
and asked for the knowns and unknowns the Council should be aware of as things
move forward. Councilor Moe provided information. Individual Council members
expressed their views.
3. University of Iowa Student Government (USG) Updates.
Matthew Monsivais, USG Liaison and Ava Martinez, USG Alternate Liaison presented
updates.
4. Preliminary FY2026 budget discussion
City Manager Fruin presented a PowerPoint which included a selection of slides from the
January 22, 2024, FY2025 Budget Proposal with an overview of the memo included in the
August 29 Information packet(IP3— Memo from City Manager: City Council FY2026 Budget
Priorities). The presentation included the following:
• Financial Headwinds in Fiscal Year 2025
- ' State of Iowa Commercial & Industrial Backfill
- Residential Rollback trend
- 2024: Multi-Residential Cliff
- Building Permit Trends
- Changes in Taxable Valuation Pattern
- State of Iowa Property Tax Reform
- Volatile Variable Costs
September 3, 2024
Page 2
• FY25 Revenue Sources— General Fund Only
• Major Revenue Sources: Utility Franchise
• General Fund Expenditures
• FY2025 Utility Rate Changes
• FY2025 Other User Fee Changes
• Local Option Sales Tax (LOST)
• Proposed Levy Rate Overview
Individual Council members asked questions and expressed their views. City Manager Fruin
and Neighborhood & Development Services Director Hightshoe provided additional information.
Action: Staff has noted councilor comments about budget priorities and will consider those while
crafting the FY 2026 budget. Those topics that were raised will be reviewed by staff in the
forthcoming FY 2026 budget presentation.
5. Council updates on assigned boards, commissions, and committees
Council members reported on various assigned boards, commissions, and committees.
Adjourn 5:24 p.m.