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From YouTube: August 27, 2018 Budget Committee
Description
Minneapolis Budget Committee Meeting
Budget Overview I: Major Changes & Levy Impacts
A
Good
afternoon,
I'm
just
gonna
get
started
with
the
meeting
as
scheduled
for
today
our
first
budget
committee
meeting
of
the
year.
Officially
the
today's
meeting
on
August
27th.
We
have
with
us
at
the
dais
council
members
reich
vice
president
jenkins,
councilmember
Schrader,
councilmember,
Lisa,
Goodman
and
councilmember
Andrew
Johnson.
Please
let
the
record
reflect.
B
A
We
have
a
quorum
Thank,
You,
councilmember,
Fletcher
and
before
you
is
the
agenda
for
today's
meeting,
the
one
quick
item
that
was
added
this
morning
was
just
a
formal
receiving
file
of
the
city
budget.
So
we
entered
this
deliberation
phase,
so
that
was
the
one
change
you
saw
in
an
email
this
morning,
I.
A
With
this
we
don't
have
to
approve
the
agenda.
Sorry,
it
sure
did
another
meeting
this
morning,
it's
a
little
different
procedurally,
but
with
this
we
have
one
item.
First,
even
file
and
another
item
for
discussion.
The
first
is
to
formally
receive
the
2019
city
budget
and,
as
the
mayor
released
his
proposed
budget
for
2019,
we
have
now
officially
transitioned
into
the
council
deliberation
phase
and
putting
together
next
year's
budget
together.
A
So
I'm
excited
to
work
with
all
of
you
and
the
mayor
and
enterprise
leaders
in
putting
together
a
package
that
represents
the
values
of
our
residents
and
generates
a
strong
return
on
investment
for
the
dollars
that
are
spent.
So,
as
my
colleagues
are
well
aware,
this
proposal
is
robust
and
it's
full
of
a
lot
of
new
ideas
and
priorities
for
the
enterprise
as
a
whole.
A
C
A
lot
of
work
went
on
behind
the
scenes:
leadership
of
Mark
Roth
and
Laurie
Johnson
in
the
finance
department,
the
budget
team
themselves,
as
well
as
our
capital,
and
that
team
led
by
Mike
aide
line
and
our
controllers
group
led
by
Lyle
Hodges,
say
nothing
of
all
of
the
work
that
the
department
heads
and
program
experts
put
into
this
budget.
The
second
thing
I'll
say
is
that
the
city's
budget
is
absolutely
complex,
but
it
doesn't
need
to
be
confusing.
So
the
goal
here
will
be
to
train
demystify
a
little
bit
to
that
point.
C
A
C
As
we
go
because
it
helps
my
brain
keep
moving
okay,
first
things:
first
in
total,
the
2019
city
budget
and
I
want
to
be
really
clear.
When
I
talk
about
city
budget,
we're
looking
at
just
the
the
city
of
Minneapolis
portion,
though
the
property
tax
levy
which
we'll
talk
about
later
includes
independent
boards.
Here
we're
looking
at
just
city
spending,
so
the
2019
city
budget,
excluding
those
independent
boards,
is
1.55
billion
in
front
of
you.
C
You
see
two
two
bar
graphs
that
represent
both
the
2018
adopted
budget
as
council
passed
last
December
and
the
2019
recommended
budget.
As
the
mayor
presented
last
Wednesday,
we've
separated
the
budget
out
into
some
major
categories:
ongoing
spending
one
time
spending
one
time.
Affordable
housing
is
that's
an
important
fixture
of
the
mayor's
recommendation
this
year,
capital
spending,
as
well
as
the
new
public
service
building,
and
so
looking
at
the
two
side-by-side.
C
Hopefully,
it's
clear
that
the
1.5
by
1.5
five
billion
dollar
budget,
which
is
about
a
hundred
and
forty
million
dollars
than
the
2018
Council
adopted
budget,
really
is
driven
by
about
a
hundred
million
dollars
of
spending
for
that
new
public
service
building.
The
gray
bar
you
see
at
the
top
of
the
bar
on
the
right
and
then
about
30
million
dollars
and
one-time,
affordable
housing
spending
that
lightest
blue
color
that
you
see
above
the
thin
gray
bar
pulling
those
two
items
out
of
the
2019
recommended
budget.
C
Looking
specifically
at
the
general
fund,
which
you
know
we
do
pay
a
lot
of
attention
to,
because
property
taxes
are
the
largest
portion
of
revenue
for
the
general
fund.
In
total,
we
see
the
expense
budget
growing
by
2.6.
Excuse
me,
twenty
six
point,
two
million
or
five
point
six
percent,
so
about
two-thirds
of
that
increase
is
represents
current
service
level
spending.
So
if
we
were
just
to
be
funding
current
service
levels
from
2018
into
2019,
we
would
see
an
increase
of
three
point:
five
percent
on
the
general
fund
moving
beyond
that
about
point.
C
D
You
I
just
a
quick
question
about
the
parks
and
streets
funding
so
last
term,
when
we
adopted
the
commitment
to
the
20-year
funding
for
parks
and
streets,
we
also
adopted
a
financial
plan
for
that
funding
which
used
cash
and
fund
balances
in
the
early
years
and
then
shifted
more
and
more
to
the
levy
over
time.
Have
there
been
any
changes
in
the
proposed
budget
compared
to
that
financial
plan
that
we
adopted,
along
with
the
ordinance
council.
C
A
Here,
I
might
also
just
interject
my
question,
probably
the
most
widely
known
piece
of
the
mayor's
proposal
is
the
50
plus
million
dollars
toward
a
variety
of
affordable
housing
related
items.
So
I'm
curious
with
this
pretty
incredible
dedication
to
fighting
the
affordable
housing
crisis.
Can
you
speak
to
how
this
kind
of
investment
didn't
lead
to
a
huge
living
increase.
C
Certainly,
madam
chair,
so
that
the
50
million
dollars
that
the
mayor's
recommended
budget
includes
for
affordable
housing
and
2019
includes
about
30
million
dollars
of
new
spending
that
30
million
dollars
of
new
spending
is
one-time,
and
so
a
large
portion
of
it
is
outside
of
is
coming
from
sources
outside
of
the
general
fund
and
we'll
talk
about
that
a
little
bit
later
in
my
presentation,
but
that
little
of
it
is
driving
to
a
general
fund
increase.
Thank.
A
C
So
then,
looking
at
the
other
large
fund
groups
in
this
city,
we
see
the
special
revenue
funds
which
a
lot
of
our
development
projects
that
go
through
cpad
run
through
special
revenue
funds
or
the
convention
center
or
Target
Center.
Those
special
revenue
funds
are
increasing
by
about
four
point:
four
percent.
Most
of
that
is
related
to
some,
as
we
were
just
discussing
use
of
fund
balance
and
TIF
pooling
for
affordable
housing
that
again
I'll
talk
about
a
little
bit
later.
C
D
You
miss
madam
chair,
so
I
think
you
may
get
to
this
later,
but
my
understanding
is
that
this
budget
proposes,
using
about
thirty
six
million
dollars
in
fund
balance
from
the
variety
of
funds
that
you've
listed
here,
but
I'm
also
seeing
increased
spending
in
many
of
them.
Are
there
any
cuts
proposed
in
the
budget.
C
C
The
mayor
did
choose
to
not
fund
some
programs
that
were
one-time
funded
on
a
one-time
basis
last
year
and
so
I
look
at
meet
Minneapolis
and
the
last
several
years
we've
had
some
ongoing
or
not
ongoing.
We've
we've
had
a
recurring
one-time
expenditure
beyond
their
base
contract.
That
didn't
happen
this
year
and
also
the
last
few
years
has
been
funding
for
collaborative
safety
strategies
that
wasn't
included
this
year.
So
there
aren't
any
direct
cuts,
but
there
were
some
choices
not
to
invest.
If.
C
D
C
So
the
next
fund
grouping
there
is
the
capital
projects,
grouping
of
funds,
obviously
a
large
increase
there
about
56%
and
that
directly
relates
to
that
hundred
million
dollars.
That
I
spoke
about
with
the
new
public
service,
building
with
respect
to
debt
service,
we're
seeing
about
a
nine
and
a
half
percent
increase
in
expenditures
there
again,
as
as
we're
building
more,
not
only
with
the
public
service
building,
but
this
actually
relates
to
some
prior
issues
that
we've
made
for
parks
and
streets
other
large
projects.
C
We
have
to
start
paying
back
that
borrowing,
and
so
that's
where
we
see
the
increase
toward
that
service
funds
there.
The
internal
service
funds
appear
to
go
down
well,
in
fact,
do
go
down
from
2018
to
2019,
but
this
is
obscured
a
little
bit
because
2018
included
an
early
retirement
of
some
debt
for
the
what's
known
as
the
curry
facility,
which
is
where
our
fleet
maintenance
exists.
C
So
if
you
pull
out
that
one-time
expenditure,
our
internal
services
are
growing
by
about
4%
and
lastly,
in
terms
of
enterprise
funds,
these
are
our
city,
owned
utilities
and
our
parking
fund.
They
too
are
increasing.
By
about
four
point,
four
percent:
the
mayor's
recommended
budget
includes
a
increase
for
utility
bills
of
up
four
point:
four
percent
on
average
across
households,
and
that
comes
to
about
four
dollars
and
25
cents
a
month
again
for
the
average
resident
residential
customer
or
about
fifty
one
dollars
a
year.
C
So
that's
a
high-level
overview
of
expenditures
on
the
revenue
side.
I
think
that
the
major
feature
of
this
budget
was
actually
driven
by
it.
Some
council
action
that
occurred
days
run
together,
so
I
can't
remember.
It
was
the
very
end
of
last
month
or
the
very
beginning
of
this
month,
but
recently
Council
passed
an
increase
to
business,
license
fees
for
the
first
time
since
2012,
so
that
in
total
license
and
permit
revenues
across
all
funds
is
about
3.7
million
dollars
more
in
2019.
C
3.1
million
of
that
is
due
directly
to
the
fee
increase.
The
remainder
is
just
a
growing
economy,
so
this
this
is
a
complex
chart.
So
I'll
walk
you
through
it
step
by
step.
The
gray
bars
that
you
see
are
represent
the
cost
of
the
regulatory
enforcement
for
these
activities,
whereas
the
blue
bars
represent
what
we're
generating
in
revenue.
In
each
case,
you
see
that
the
expense
exceeds
the
revenue,
and
so
the
parentheses
that
you
see
on
the
left-hand
side
show
what
our
collection
percentage
is.
C
So
in
the
best
case,
we
are
collecting
89
percent
of
our
pollution
control
activity
versus
the
worst
cases.
20%
for
animal
excuse
me,
animal
control,
I'm
also
a
little
bit
under
the
weather,
as
it's
my
son,
so
overall
across
all
of
these
activities,
even
with
the
increase,
we're
still
only
in
a
recovery
position
of
about
56%,
so
leaves
about
a
12
million
dollar
property
tax
subsidy
that
does
persist.
Mr.
A
A
C
So
the
in
in
his
budget,
the
mayor
has
in
let
me
step
back
the
12
million
dollar
property
tax
subsidy.
That
I
mentioned
is,
for
you
know
our
current
level
of
activity.
The
mayor
in
his
budget
has
recommended
some
additional
study
on
the
regulatory
activity
that
the
city
undertakes
to
see
if,
if
indeed
we
are
regulating
at
the
appropriate
level,
so
we'll
be
doing
more
study
next
year
and
intend
to
have
continued
this
conversation
as
we
look
to
the
term
right.
Size
is
often
overused,
but
in
this
case
I
think
it's
right.
C
So,
looking
at
the
property
tax
revenues
associated
with
the
city,
the
city
only
increase
again
excluding
the
park
board.
Other
independent
boards
is
15
point
2
million,
or
about
5.7
percent
you'll
notice,
that's
a
little
bit
faster
than
the
city
expense,
and
that's
because
our
non
property
tax
revenues
aren't
keeping
up.
C
The
general
fund
makes
up
eleven
point.
Nine
million
of
that
fifteen
point,
two
million
dollar
increase,
so
obviously
the
largest
portion,
the
bond
Redemption
fund
or
the
dollars
we
use
to
pay
back.
Those
that
borrowing
is
increasing
by
about
2.2
million
are
close.
Pension
levy
is
increasing
by
a
million
dollars,
and
this
is
related
to
so
when
MuRF,
the
old
Minneapolis
Employees
Retirement
Fund
merged
into
para
and
I,
believe
it
was
2014.
C
C
So
I
can't
talk
about
property
taxes
without
talking
about
local
government
aid
and
I.
Think
the
good
news
with
local
government
aid
this
year
is
that
it
didn't
decrease.
So
it's
not
always
been
the
case
here
at
the
city,
the
LGA
increased
by
seventy
thousand
six
hundred
and
thirty-two
dollars,
that's
not
represented
in
thousands,
that's
represented
in
actual
dollars
or
0.1%
increase.
C
You
know
the
the
purpose
of
LGA
and
the
contribution
from
the
state
to
the
city
is
to
provide
property
tax
relief
and
for
a
number
of
years,
was
very
effective
in
that
regard,
but
so
I'm,
showing
three
years
here,
2000
to
2010
in
2019,
2002
being
the
the
high-water
mark
the
those
the
year
we
received
the
most
local
government
aid
about
a
hundred
and
eleven
million
or
thirty
million
dollars
more
than
we
do.
Today
in
2010
we
were,
as
it
was
very
near
the
low-water
mark.
C
It
was
about
64
million
I
believe
and
then
in
2019
we're
back
at
about
80
million.
So
over
time,
what
this
chart
is
showing
is
the
the
mix
in
the
city's
budget
of
local
government
aid,
property
taxes
and
everything
else,
and
that
everything
else
is
that
dark
blue
at
the
bottom.
And
you
see
that
it's
even
with
that
fluctuating
LGA
amount.
C
E
You
Matt
I'm
sure
wondering
if
anywhere
in
the
report
and
I
didn't
jump
further.
You
talk
about
the
impact
of
fiscal
disparities
on
the
city's
overall
tax
base
and,
if
not
I,
mean
I,
think
it's
important
for
people
who
are
unaware
of
that
issue
to
hear
more
about
it,
because
there's
a
lot
of
conversation
about
let's
just
capture
all
the
new
tax
growth
in
the
city
and
we
won't
have
to
raise
the
levy.
But
actually
we
pay
that
to
the
state
too.
E
So
we
probably
pay
more
into
the
state
overall
between
sales,
tax
and
fiscal
disparities.
Then
we
get
back
in
local
government
aid
and
that's
something
that
is
a
story
for
us
at
the
legislature,
but
also
is
something
people
at
a
high
level
need
to
explain
to
their
constituents.
So
I'm
wondering
if
that's
in
the
report,
this
fiscal
disparities,
conundrum
and
or
how
or
how
we're
going
to
talk
about
that.
In
this
briefing.
C
So,
madam
chair
councilmember,
Goodman
I,
think
the
point
is
very
well
taken.
The
city
is,
what's
known
as
a
net
contributor
to
fiscal
disparities,
meaning
we
send
back
a
portion
of
our
property
tax
capacity
to
the
metro
region
that
is
greater
than
what
we
get
from
the
pool
so
we're
paying
in
you
know
for
argument's
sake,
a
dollar
and
we
get
back
80
cents,
but
we
do
talk
about
that.
A
little
bit
later.
C
E
Chair
I'm,
fine
with
that,
but
I
I
think
we
have
to
address
this
head-on
in
public
out
loud
with
everybody
going
forward.
It's
something.
Barb
Johnson
talked
a
lot
about
in
the
last
cycle,
so
people
who
are
here
kind
of
understand
it,
but
not
really,
and
I
am
done
with
going
around
and
saying
poor
us
we're
not
getting
a
lot
of
local
government
aid.
D
D
During
a
time
when
our
lg8
is
going
back
up,
it
has
been
restored
since
I've
been
in
office
and
so
I
think
it's
just
a
good
reminder
to
those
of
us
who
haven't
been
in
office
during
those
times
that
there's
just
a
few
who
have
who
were,
and
it
may
again
inform
I
mean
this-
is
a
not
a
new
conversation.
We
had
it
every
year
last
term.
How
much
do
we
want
to
spend
versus
save
what
level
of
risk
do
we
want
to
take
in
the
assumptions
about
revenue
versus
expenditures?
D
E
I'm
so
glad
you
said
that,
but
also
I
think
from
a
policy
point
of
view.
We
should
think
about
whether
or
not
it's
a
good
idea
to
build
a
whole
bunch
of
how
assisted
in
building
a
whole
bunch
of
affordable
housing
units
all
in
one
year,
because
a
lot
of
times
those
units
are
marked
up
to
market
rate
after
the
2025
or
30-year
problem
when
the
mortgages
come
due
and
they
can't
refinance
at
an
affordable
rate.
E
Sadly,
I
have
to
say
that,
as
well
as
how
our
local
government,
aid
and
fiscal
disparities
play
out
so
I
do
think
I
like
this
process
of
everyone
on
the
council
serving
on
the
budget
committee,
because
there
it's
it
might
be
yay
we're
putting
a
lot
of
money
into
affordable
housing.
But
we
might
be
also
creating
a
problem
for
ourselves
later
too,
that
we
have
to
determine
the
risk
reward
factor
of
that
I.
C
Could
not
have
said
it
better
myself.
So
just
one
point
to
the
council
presidents
comment
that
LG
has
been
restored.
I
would
tweak
that
slightly
to
suggest
LGA
is
being
restored
so
in
if
LGA
had
remained
flat.
Since
that
high-water
mark
of
2002
we'd
have
an
additional
30
million
dollars
in
local
government
aid
or
put
another
way.
C
We
could
reduce
the
property
tax
levy
by
about
nine
to
10
percent
or
invest
in
other
opportunities
right
had
if
the
property
tax
levy
were
the
same,
had
LGA
kept
pace
with
inflation
since
2002
the
property
tax
levy
could
be
about
eighty
million
dollars
less
or
twenty
three
percent,
so
I
think
much
to
the
the
conversation
you're
both
having
it's.
This
is
something
that
we
do
need
to
continue
to
discuss
at
the
city.
Just.
D
C
C
A
A
C
Chair
I
have
no
doubt
that
they'll
they'll
be
ready
and
willing,
but
we'll
also
give
them
that
heads-up
so
moving
into
some
other
other
revenue
areas.
Charges
for
services,
which
are
mostly
made
up
of
the
city's
utility
revenues
that
I
talked
about
a
little
bit
ago,
are
up
by
twenty
eight
point:
three
million
it's
greater
than
five
point,
two
percent,
because
this
includes
some
other
categories,
such
as
some
internal
charges
that
we
assessed
to
non
general
funds
or
general
fund
services
that
are
provided
to
them.
C
C
So,
as
Public
Works
builds
a
forecast
for
utility
rates,
for
instance,
rather
than
keeping
rates
low
for
several
years
and
then
increasing
them
in
one
year
in
order
to
pay
for
a
capital,
investment
will
build
up,
will
build
a
gradual
increase
so
that
a
fund
balance
grows
and
then
is
used,
and
so
that's
some
of
what
we're
seeing
here,
as
well
as
some
of
the
the
14
million
that
the
council
president
discussed
for
the
affordable
housing
trust
fund.
I.
C
D
Madam
chair
I,
you
know
I
do
have
a
lot
of
questions
about
this.
You
know
our
use
of
fund
balance
on
a
special
revenue
fund
is
going
up
over
300%
and
I.
Just
can
you
explain
to
us
more
why
we
have
so
much
fun
balance?
What
departments
these
funds
are
coming
from?
Is
it
like
real
money
that
hasn't
been
spent
or
is
it?
Is
it
baked
into
a
lot
of
assumptions
about
revenue
and
spending,
and
this
may
be
evolving
over
the
department
presentations
too,
but
I
think
this
is
a
really
important
point.
D
C
Council
president,
absolutely
I
think
that
the
the
most
ready
data
that
you'll
find
on
the
use
of
fund
balance
in
the
650
page
budget
document
itself
would
be
found
on
schedule
2
in
the
financial
schedules
section,
which
is
on
pages
I,
3
and
I
4
towards
the
back
of
the
document,
and
that
shows
where
different
fund
balances
are
being
deployed
across
those
fun
types
that
I
had
just
mentioned
in
terms
of
the
question:
are
they
real
dollars?
Absolutely.
C
These
are
dollars
that
the
city
has
collected
either
through
property,
tax
or
charges
or
tax
increment,
in
the
case
of
what's
being
used
for
the
Affordable
Housing
Trust
Fund,
but
to
the
question
about
assumptions
that
have
built
up
over
time,
that's
as
I
was
saying
we
do
in
many
cases
intentionally
build
a
fund
balance
so
that
it
can
be
spent
at
a
later
date.
So
a
good
example
of
that
is
the
way
that
we
finance
vehicles,
so
it
vehicles.
C
Excuse
me
so
if,
when
we
purchase
a
vehicle
for
a
department,
that
department
then
starts
to
incur
monthly
lease
charge
and
what
that
lease
charge
is
doing
is
building
a
reserve
so
that
seven
eight
years
down
the
road
when
it's
time
to
replace
that
vehicle,
there
are
dollars
there
to
be
spent.
And
so
you
know
the
the
enterprise
fund
example
with
the
utilities
that
I
gave
the
fleet
example
I.
Think
those
are
some
of
the
reasons
that
fund
balances
have
built
up.
I.
C
Think
when,
when
looking
at
use
of
fund
balance,
we
have
to
consider
the
experience
of
the
city
historically
as
well.
So
in
the
late
90s
and
early
2000s,
the
city
was
in
a
much
different
financial
position
having
negative
balances
in
a
number
of
internal
service
funds,
and
so
there
was
sort
of
rapid
recovery
built
into
rate
models
to
get
out
of
that
negative
position
which
then,
as
a
pendulum,
swings
that
can
go
too
far
to
the
other
side.
C
So,
madam
chair,
council
president,
yes,
the
the
special
revenue
funds
do
include
some
TIF
pooling
that
we'll
talk
about
a
little
bit
later.
The
the
general
principle.
There,
though,
is
that
state
law
allows
for
the
city
to
extend
TIF
district
and
use
some
additional
dollars
generated
through
the
TIF
to
pool
those
resources
for
affordable
housing,
and
so
we're
seeing
some
of
that
happen
in
in
this
2019
budget
and
to
to
councilmember
Goodman's
point
we
have
in
the
past
as
well.
C
So
to
the
last
two
points
here,
our
long-term
liabilities
proceeds
sticks
out
as
a
sore
thumb
increasing
by
a
hundred
and
1.6
percent.
Again,
that's
just
the
money,
the
debt.
We
intend
the
issue
for
our
the
new
public
service
building
next
year
and
interest
earnings
are
up
three
million
or
a
hundred
percent,
and
this
is
really
a
good
news
story,
as
I
mentioned
my
cabling
and
his
contribution
to
this
budget.
He
also
leads
our
investments
team
and
given
our
real
favorable
interest,
environment
or
real
favorable.
C
Historically,
it's
not
real
favorable,
but
given
the
last
few
years,
it's
a
favorable
interest
environment,
we're
seeing
better
returns
on
on
our
cash
holdings,
so
actually
to
tie
this
back
into
that
use
of
fund
balance
discussion
as
fund
balances
build
up.
We
don't
just
let
those
dollars
set,
they
do
generate
some
interest
earnings
and
so,
in
this
case,
three
million
dollars
more
in
2019
than
we
had
anticipated
when
we
were
putting
together
the
five-year
financial
direction.
C
So,
on
the
expenditure
side,
returning
council
members
will
be
familiar
with
a
charts
that
look
like
this.
This
just
breaks
out
the
city,
the
the
dollars
the
city
spends
at
a
very
high
level,
so
from
personnel
costs
which
are
made
up
of
salary
wages
and
fringe
benefits
on
through
the
dollars
that
we
spend
contracting
out
and
internally
for
our
internal
services,
as
well
as
our
capital
and
debt.
This
year,
I
just
wanted
to
show
you
2018
as
compared
to
2019.
C
C
Looking
at
public
works,
Public
Safety,
including
both
police
and
fire,
our
capital
and
debt,
that
those
activities
alone
make
up
70%
of
city
spending
and
so
we're
pretty
heavily
tilted
towards
those
things
that
I
think
people
traditionally
expect
cities
to
provide
streets,
the
drinking
water
in
public
safety,
where
this
disaggregated
by
fund
you
know
if
we
were
looking
just
at
the
general
fund,
the
picture
would
look
quite
different.
I.
A
C
C
E
Thank
you
for
sure.
I
remember
a
day
when
debt
service
was
20%
of
the
overall
budget,
we've
worked
really
hard
to
bring
it
down,
I'm
wondering
if
you
can
give
us
a
sense
of
what
an
average.
What
what
are
the
rating
agencies
consider
a
legitimate
amount
of
debt
service
for
the
city
to
have
in
order
to
maintain
our
credit
rating
and
I
understand
because
I've
been
behind
building
the
new
building,
so
we're
going
to
have
more
debt
as
a
result
of
that,
but
I'm
wondering
where
do
we
fall
within
the
sweet
spot?
A
F
I'm,
chair
councilmember,
Goodman,
I'm,
mark
rough,
the
city,
CFO
generally
I,
think
dimension
of
fixed
costs
that
rating
agency
look
at
and
have
they
they've
changed
their
regulatory
paradigm
a
little
recently
to
include
pension
costs
to
be
treated
exactly
the
same
as
debt
service.
So,
as
the
council
is
aware,
when
those
changes
occur,
you
know
Moody's
does
not
look
favorably
upon
the
city.
Fitch
has
changed
such
that
they
see
that
the
city
is
heavily
weighted
on
fixed
cost,
which
is
primarily
related
to
our
pension
cost,
which
is
primarily
ready
to
close
pension
funds,
which
mr.
F
Madam
chair
comes
from
member
reich'
you're,
absolutely
right,
part
of
the
reason
that
we
maintain
that
Triple
A
rating
with
Standard
&
Poor's
is
because
they
look
not
only
at
our
general
fund
balance,
which
is
17%
of
our
general
fund
expenditures.
But
we
get
bonus
points
in
the
scope.
I
mean
everything
in
rating
agencies
scored.
Now
it's
a
very
public,
transparent
process,
and
we
get
bonus
points
in
the
scoring
system
by
the
fact
that
we
have
available
cash.
F
G
C
Moving
on
to
current
service
level,
budgeting
I
think
it's
important
that
we
talk
about
that
definition,
because
it
is
so
core
to
the
growth
that
we
see
as
I
mentioned
in
our
general
fund.
We're
seeing
2/3
of
the
increase
is
related
to
the
current
service
level.
So
really,
what
current
service
level
budgeting
is
about
is
planning
for
today's
staffing
and
internal
service
levels
at
tomorrow's
costs.
So
some
forms
of
government
will
say
your
if
your
budget
in
2018
was
a
million
dollars.
C
You
start
in
2019
at
a
million
dollars
and
what
we're
saying
is,
regardless
of
what
2018
was
we're,
gonna,
look
and
see.
What's
your
staffing
level,
what's
your
where
your
fleet
levels,
your
IT,
your
rent?
What's
that
going
to
cost
in
2019
and
that's
where
we're
starting
from
so
in
general,
current
service
level
again
is
growing
by
about
three
and
a
half
percent.
C
2.7
percent
is
what
we're
seeing
in
the
increase
to
personnel
costs
and
in
the
mayor
speech
he
had
mentioned
our
good
experience
or
positive
experience
with
our
self
insurance
for
medical.
We
had
anticipated
this
personnel
increase
increase
being
at
about
three
percent,
but
because
of
our
move
to
self
insurance
and
are
really
good
claims
experience
that
we
saw
in
the
first
year
rather
than
a
seven
percent
increase
for
health
insurance,
which
is
what
our
consultants
at
Deloitte
had
suggested.
C
We
plan
on
we're
seeing
a
1%
increase
there,
and
so
this
is
another
one
of
the
success
stories
in
the
2019
budget
as
it
relates
to
the
management
of
the
city.
The
internal
services,
then,
are
at
about
four
point
or
four
percent
growth
overall
ite
and
fleet
and
workers
comp.
Those
are
all
around
that
four
point
or
four
percent
rent
sticks
out
a
little
bit
here
and
that's
because
we
did
add
on
some
additional
leases.
C
I
think
the
one
of
the
primary
new
facilities
is
a
new
property
and
evidence
warehouse
for
the
police
department
and
so
that
new
activity,
although
you
know
it's,
we
consider
it
part
of
current
service
just
because
we
we
had
a
property
in
evidence
warehouse
even
though
there's
a
new
one.
It
does
Drive
that
that
cost
increase
up
a
little
bit.
C
So
that's
really
the
the
nuts
and
bolts
of
the
budget
now
we'll
move
into
the
major
changes
for
2019
in
years
past.
At
this
point,
we've
gone
through
and
called
out
one
by
one,
each
of
the
change
items
this
year,
I'm
not
going
to
do
that
simply
because
we've
included
more
detail
on
those
change
items
in
your
budget
books
this
year.
So
you
can
look
in
the
operating
department
sections
and
rather
than
seeing
one
to
two-sentence
write-up
of
a
particular
change.
You'll
see
a
two
to
four
page
write-up
of
a
particular
change.
C
Also,
if
you
look
at
the
very
end
of
financial
overview
section
of
the
document
there's
a
full
listing
there.
Finally
departments
will
be
coming
in
front
of
you
over
the
next
month
and
they
are
a
much
better
position
to
talk
about
the
the
changes
than
I
am
that
said,
I
will
present
a
bit
of
a
summary
here.
C
So,
in
total,
the
mayor
has
proposed
additional
spending
of
six
point:
four
million
dollars
ongoing
37
million
dollars,
one-time
so
a
total
of
about
forty
three
million
dollars
that
compares
to
a
much
greater
level
of
need,
indicated
by
departments,
so
departments
had
requested
over
18
million
dollars
ongoing,
be
added.
The
vast
majority
of
that
is
in
the
general
fund
and
they
requested
46
million
dollars
one-time
be
added,
and
that
was
split
more
evenly
across
the
general
fund
and
other
funds.
C
To
me,
this
I've
said
this
before
this
year
and
I'll
say
it
again.
I
think
it
just
continues
to
highlight
the
fact
that
a
the
city
is
growing
and
so
demands
for
services
are
greater
and
departments
feel
the
need
to
keep
pace
with
that
and
second
city
work
is
changing
as
there
is
sort
of
a
policy
intransigence
at
the
federal
level
and
the
state
level
that
you
all
are
left
to
to
solve
some
pretty
hefty
problems,
and
so
this
additional
spending
really
represents
department's
best
thinking
on
how
to
start
to
tackle
some
of
that.
C
So
the
sort
of
the
cornerstone
of
the
mayor's,
certainly
the
speech
that
he
provided
last
Wednesday,
as
well
as
the
new
investments
that
he's
proposing,
is
in
the
area
of
affordable
housing.
So
in
total
in
the
2019
budget,
the
mayor's
proposing
53
million
dollars
of
investment
in
the
area
of
affordable
housing,
13
million
of
that
is
federal.
So
I
there
was
an
article
in
the
Star
Tribune
this
morning
that
referenced
a
40
million
dollar
city
contribution.
So
that's
how
we
get
there.
30
million
of
that
contribution
is
new.
C
So
what
you
see
in
front
of
you
is
the
the
one-time
investments
through
the
through
Community
Planning
and
Economic
Development,
both
the
the
sources
side
and
the
use
of
side
of
the
ledger.
So,
as
the
council
president
mentioned
earlier,
about,
14
million
is
of
TIF
pooling
is
being
used
to
fund
an
acceleration
of
the
affordable
housing
trust
fund
about
750,000
dollars
of
Community
Development
Block
Grant
program
income.
So
those
when
we
use
CDBG
to
make
loans
and
those
loans
get
repaid.
C
That's
the
sort
of
program
income
that
we
see
is
so
that
amount
is
being
used
to
support
the
homeownership
rehab
investment
and
then
the
other
13
million
dollars
in
one-time
investments
are
being
funded
through
a
combination
of
ten
million
dollars
from
the
Nicollet
hotel
block
sale
proceeds.
So
when
we,
the
city,
sold
that
block,
we
are
using
ten
million
dollars
of
that
sale
for
affordable
housing.
C
1
million
dollars
had
that
had
previously
been
transferred
from
the
general
fund
to
the
value
capture
fund
as
seed
funding
for
that
project,
as
it
got
off
the
ground
and
2.2
million
dollars.
Likewise,
this
is
related
to
that
close
pension
issue
that
I
mentioned
earlier.
2.2
million
dollars
have
previously
been
transferred
to
support
the
close
pensions
that
is
now
being
recalled
to
the
general
fund
for
use.
Thank.
A
H
F
Chair
comes
member
Schrader,
so
the
city
has
several
dozen
TIF
districts
right.
There
are
state
laws,
mr.
kuhmo
mentioned
that
enables
the
city
to
use
TIF
from
redevelopment
TIF
districts
for
affordable
housing
and
there's
a
specific
provision,
not
just
for
minneapolis,
but
for
any
city
in
the
state
that
wants
to
use
portions
of
those
redevelopment
districts.
F
So
we
have
built
up
some
cash
balances.
So
when
we
mentioned
earlier
about
increasing
special
revenue,
this
is
most
of
it
is
cash
that
is
sitting
in
funds
right
now.
So,
as
mr.
Hurrell
mentioned,
we
could
choose
to
pay
off
some
of
the
obligations
earlier
and
shut
the
districts
down
sooner
or
use
the
state
law
provision
to
slightly
extend
the
term
of
those
TIF
districts.
F
A
few
of
them
are
new
revenues
that
are
just
associated
with
some
of
the
growth
in
the
TIF
districts,
and
one
of
the
biggest
contributors
to
that
increase
is
the
consolidated
TIF
district,
and
this
is
the
special
legislation.
This
is
one
that's
not
available
to
every
city,
it's
the
extended
TIF
district,
which
has
a
hard
stop
in
in
2020
for
the
city
and
because
that
TIF
district
encompasses
much
of
not
much
of
but
parts
of
downtown
and
parts
of
uptown
we've
seen
tremendous
growth
in
those
values,
and
that
translates
into
more
tip
4
revenues.
I
I
F
I
F
So
that
was
the
seed
money.
It
was
almost
like
a
contingency
money
to
help
pay
for
that.
Certainly,
councilmember
Reich
has
more
information
than
I
do
on
this,
so
this
overall
is
not
taking
all
of
that
four
million
dollars,
but
it's
taking
a
majority
of
that
four
million
dollars,
because
it
was
viewed
more
as
contingency
when
we
had
plans
in
place
than
that.
Obviously,
efforts
are
still
going
on.
F
That's
still
a
very
active
project,
but
the
need
for
some
affordable
housing
funding
was
in
the
least
my
understanding
of
the
mayor's
proposal,
more
pressing
than
necessarily
some
of
the
contingency
money
that
may
be
used
over
four
or
five
or
six
years,
and
so
that
was
the
choice
that
was
made.
Does.
F
F
Chair
comes
Myra
Gordon,
there
is
still
even
after
this,
several
million
dollars
of
cash
and
that
fund.
In
addition,
we
are
collecting
seven
million
dollars
per
year
in
new
money
every
year
for
the
value
capture.
So
this
we
still
have
adequate
resources
to
help
with
whatever
transit
improvements
that
the
council
may
want
to
take
on
was
just
that.
This
money
was
originally
general
fund
and
Development
Fund
money,
and
so
the
idea
was
to
pull
some
of
that
back
and
repurpose
it
for
affordable
housing
uses
and.
I
E
Is
opening
a
big
can
of
arms?
I'm
really
glad
we're
doing
this?
First
of
all,
how
is
the
10
million
for
the
affordable
housing
trust
fund
that
being
paid
for
the
base?
So
we
committed
to
10
million
in
city
ordinance
and
we
use
TIF
pool
Tift
resources
in
the
past,
so
we
use
some
home
some
hop
well,
we
use
various
federal
and
state
funds,
and
then
we
had
to
backstop
that
with
pool
tips.
So
what
is
the
source
of
the
first
ten
million
I'm
interested
in
that
that's
my
first
question.
E
My
second
question
is:
why
aren't
we
using
all
of
the
repayment
of
the
value
capture
or
what
I
would
call
the
streetcar
fund,
the
streetcar?
That's
not
happening
fund
that
were
we
can
collect
seven
million
a
year,
that's
great,
but
we
should
repay
ourselves
for
the
money
we
put
into
it
since
we're
our
hands
are
tied
on
that
and
then
the
consolidated
TIF
district
is
neighborhood
money
and
they're
gonna
say
it's
neighborhood
money,
I'm
gonna
go
after
your
thing,
too.
Cam
so
just
be
clear
and
pay
attention.
E
The
Consolidated
Fund
is
neighborhood
money,
that's
NRP
money
and
money
to
fund
neighborhood
of
Gorgon,
ization,
x'
and
other
neighborhood
related
priorities.
So
now,
essentially
we're
saying
we're
going
to
take
some
of
that
money
and
put
it
into
the
sewer
pitting
neighborhoods
and
neighborhood
uses
against
affordable
housing,
streetcars
against
affordable
housing
right
and
now
we're
also
suggesting
I've
one
interested
in
hearing
what
the
suggestion
is
for
the
first
ten
million
in
the
affordable
housing
trust
fund.
E
E
F
Think
the
answer
was
no,
it's
fairly
broadly
written
in
state
statute
to
say
to
encompass,
affordable
housing,
so
I,
don't
think
the
intention
and
part
of
the
staff
is
to
pick
one
thing
against
another
at
all:
it's
how
do
we
account
use
the
resources
we
have
and
accomplish
all
the
goals
that
that
you
know
the
mayor
and
he's
puts
putting
forth
and,
as
I
said
mentioned
before,
the
repayment
for
the
neighborhood
organizations
was
made.
So
what.
E
We
promised
there'd
be
a
program
going
forward
and
they're
in
the
process
of
the
neighborhood
2020
planning
process
right
now
and
they're,
expecting
that
there
will
be
money
for
neighborhoods,
and
that
was
the
source.
So
maybe
I
should
also
hear
how
much
money
we're
putting
into
neighborhoods
and
what
the
sources
for
that.
But.
F
And
I
would
just
same
manager.
The
councilmember
Goodman
I
think
the
long-term
funding
in
neighborhoods
is
is
clearly
an
issue
that
all
I've
heard
from
a
number
of
you
is
a
concern
and
would
be
solved
not
necessarily
in
this
budget
year,
but
in
the
next
budget
year.
The
perhaps
the
following
so
well.
F
The
issue
madam
chair
of
the
Affordable
Housing
Trust
Fund,
there
is
additional
TIF
money,
that's
just
as
in
the
past
is
being
utilized,
assisted
with
that
and
the
same
ratios
that
was
done
before
with
CDBG
on
page
i9
of
the
budget
book
is
a
schedule
of
the
Affordable
Housing
Trust
Fund,
and
these
numbers
are
to
read
too
small
for
me
to
read
without
my
reading
glasses
mica.
So
you
may
have
to
help
answer
specifically
that
that
question
and
then
the
third
question
I
think
I
heard
you
say
was
on
the
value
capture.
F
F
F
If
my
memory
serves
me
right,
I
can
confirm
that
they
recognition,
at
least
from
a
staff
perspective,
is
a
the
original
intent
of
that
still
may
be
necessary,
which
is
to
fund
some
costs
for
planning,
as
that
keeps
going
that
are
not
within
the
narrow
confines
of
the
state
law
and
that
geographic
boundaries
we
want
to
leave
some
dollars.
That
would
accomplish
the
goals
that
have
been
laid
out
by
the
council
and
as
far
as
I
know,
right
now,
current
goal
is
the
enhancement
of
transit
along
those
corridors.
Well,.
E
Okay,
I
think
I
understand.
We
can't
spend
the
value
capture
for
anything
other
than
the
streetcar
in
the
streetcar
corridor,
but
what
would
be
used
if
the
streetcar
we've
already
picked
the
alignment?
A
lot
of
energy
has
gone
into
it,
so
what
money
would
have
to
be
spent
outside
the
corridor
to
build
a
streetcar
as.
F
Gerry
I
think
I
would
have
put
that
into
the
same
category
as
detailed,
affordable
housing
questions,
which
is
it's
all
good
question
for
our
Public
Works
folks
when
they
come
for
presentation.
Certainly
that
would
be
one
that
we
will
alert
them
to
to
address
when
they
have
their
presentation
for
the
council.
Okay,.
D
You,
madam
chair
and
I,
think
this
is
probably
also
for
the
detailed
presentation
that
si
ped
will
be
giving,
but
I
just
wanted
to
note
that
a
lot
of
things
that
are
focused
on
renter
protections
and
support
for
renters
have
been
funded
with
one-time
dollars
for
many
years
in
a
row
or
for
a
handful
of
years
in
a
row
at
least
so.
The
tenant
hotline
funds,
legal
protections
and
I
see
that
there
again
proposed
as
one-time
funds.
D
So
I
just
wanted
to
note
that
I
think
if
we
start
to
see
things
funded
with
one-time
dollars
for
like
four
or
five
or
more
years
in
a
row.
Maybe
they
really
are
ongoing
expenses
and
we
should
probably
be
accounting
for
those
expenses
with
ongoing
funds.
So
I
don't
know
if
we
were
able
to
balance
this
budget.
I
mean
these
are
not
large
amounts
of
money
in
the
context
of
the
whole
budget,
but
there
may
be
other
examples
of
this.
D
I
know
a
lot
of
the
violence
prevention,
money
we've
been
funding
with
one-time
dollars
year
by
year
and
I'm
just
interested
generally
speaking,
and
looking
at
the
examples
of
this
kind
of
spending.
That's
happening
with
one-time
dollars
for
many
years
in
a
row
and
looking
if
we
can't
be
more
sustainable
and
honest
and
how
we're
funding
them
with
ongoing
dollars.
C
On
the
other
side,
I,
don't
know
that
we
one-time
funding,
is
particularly
I,
think
we're
seeing
more
one-time
funding
today,
because
we're
in
that
growth,
environment
in
the
economy,
and
so
as
we
want
to
continue
to
take
advantage
of
a
growth
environment.
We
also
don't
want
to
limit
ourselves
in
terms
of
the
kind
of
expenditures
that
we
want
to
make
so
I
mean
I.
Think
these
are
all
really
good
points
that
you're
making
and
certainly
things
that
we
can
come
back
with
a
staff
recommendation
on.
C
A
You
before
I
move
to
the
next
question,
I
just
wanted
to
point
out
that
this
is
part
of
the
benefit
of
looking
at
budgets
longer
term
than
we
currently
do,
instead
of
every
year
dealing
with
the
incremental
change
and
trying
to
kick
in
a
couple
of
one-time
funding
to
keep
something
else
going,
I
think
it
really
deserves
digging
into
the
details
and
being
involved
and
concerned
as
a
council
with
the
results
Minneapolis
work
going
on.
That
should
be
consistent
over
time
and
we're
working
very
hard
to
improve
that
program.
A
So
it
is
my
hope
that,
with
with
a
better
performance
management
indicator
and
time
as
a
council
to
dig
into
the
rest
of
what
we
do
as
a
city,
instead
of
the
incremental
change
each
year,
that
we
are
able
to
better
make
decisions
about
that
type
of
thing
in
a
in
a
more
robust
way
than
we
have
in
the
past
out.
So
with
that
councilmember
Schrader.
Thank.
H
You
madam
chair
I,
just
wanted
to
highlight
with
the
council
presidents
that
I'd
be
a
lot
of
what
she
talked
about.
This
is
one-time
funding
and
it
just
begs
the
question
of:
why:
don't
we
have
a
dedicated
fund
for
housing?
If
this
is
something
critical
to
the
city?
All
of
these,
unless
we're
expecting
renters
to
go
away,
we
need
to
continue
to
fund
them
every
year
and
that's
much
much
easier
when
we're
being
honest
with
taxpayers
and
house
with
our
city,
that
this
is
a
commitment.
A
B
You,
madam
chair,
so
to
to
that
point
around
sustainability
and
also
the
the
data
I
mean
you
know,
I
see
these
these
sort
of
one-term
processes
and
projects
or
spending
as
a
way
to
sort
of
see
if
these
programs
are
work
before
we
fully
invest
resources,
but
I
think
what
drives
the
investment
has
to
be
data,
and
so
you
brought
up
the
results
and
in
Minneapolis
and
I'm
not
sure,
if
I'm
understanding
how
that
process
is
working.
You
you
mentioned
that
we're
trying
to
improve
that.
A
C
Chair
council,
vice-president
I,
think
I
absolutely
agree
that
the
data
driving
the
investments
is
not
only
the
way
of
the
world,
but
also
what
I've
heard
many
of
you
talk
about
with
respect
to
results.
Over
the
last
several
years,
the
coordinators
office
has
been
working
to
make
that
program
more
robust
and
sort
of
meaningful
for
both
departments
and
all
of
you
as
policymakers,
and
so
they
they
are
rather
than
looking
at
a
laundry
list
of
performance
measures
instead
engage
in
a
conversation
with
council
about
what
what
specific
one
or
two
things
with
each
department.
C
Are
you
interested
in
looking
at
and
having
a
more
robust
conversation?
So
that's
that's
the
results.
Conferences
themselves.
At
the
same
time,
we're
doing
a
lot
of
work
to
align
results
in
the
budget
so
that
the
two
don't
operate,
independent
of
each
other,
and
so
the
primary
way
we've
accomplished
that
this
year
is
departments
are,
if
they're
not
already
reporting
their
results
by
budget
program
area.
C
They
are
to
begin
that
process
this
year
and
into
next,
so
that
year-over-year
we
can
look
at
not
only
what
are
we
planning
to
spend,
but
what
have
we
actually
spent
on
the
activities
that
were
measuring
performance
against
the
other
thing?
I'll
say
about
performance
measurement
and
budgeting
is
that
results
I
think
was
a
very
effective
tool
not
only
for
the
city
of
Minneapolis,
but
I.
Think
Baltimore
is
really
what
made
made
results
cool.
C
You
know,
I,
the
the
era's
that
the
program's
popped
up
under
were
in
times
of
financial
need
and
constraint,
and
meeting
the
cut
to
a
particular
target.
I
think
results
is
really
effective
in
answering
those
questions
in
this
growth
environment
we're
in
and
we
won't
always
be
in
it,
but
the
one
we're
in
now
and
as
future
economic
expansions
occur
I
think
program.
Evaluation
is
actually
a
better
tool
to
help
us
understand.
C
What's
working
today,
what
could
we
change
differently
about
what
we're
doing
to
achieve
better
results
and
so
I
think
there
there's
also
a
conversation
going
on
there
between
both
finance
and
property
services
and
the
coordinators
office,
to
see
how
we
can
get
there
and
really
improve
our
portfolio
of
management
tools.
Yeah.
A
Yeah,
so
just
to
say,
you
know,
if
they're,
if
we
are
noticing
that
a
always
one-time
funded
program,
it's
never
quite
as
clear-cut,
is
that,
but
if
there
is
something
that
gets
one-time
funding
every
year,
that
shows
that
we
are
making
a
real
difference
with
that
money.
Over
time,
then
there
is
that
should
become
a
priority
for
ongoing
funding,
and
it's
as
simple
as
that,
but
being
able
to
look
at
the
budget
from
program
evaluation
perspective
is
what's
been
really
interesting.
A
With
this
results,
Minneapolis
work
we've
been
undertaking,
so
I
look
forward
to
seeing
more
of
that
and
I
know.
You
all
have
been
engaged
in
your
respective
committees
on
that
and
I
appreciate
that
the
council
president
added
Enterprise
having
its
own
home
committee,
because
that's
where
we
do
some
of
this
important
work
so
I
think.
C
The
only
other
thing
I'll
add
on
the
topic
is
two
days
from
now.
Council
will
be
starting
the
first
day
of
a
two-day
session
to
hone
and
identify
and
codify
the
priorities
for
this
term
in
the
first
year
of
the
next
term,
and
so
I
think
that
those
looking
through
those
priority
areas
at
both
the
work,
that's
core
to
what
we
do
as
a
city
either
because
it's
legally
required
or
because
you
know
it's
just
the
work
of
a
city,
and
we
have
to
do
it
or
the
the
work
that
we
choose
to
do.
C
D
C
Madam
chair
and
council
president,
that's
an
interesting
question
that
you
may
have
seen
my
head
explode
a
little
bit
as
I
strike
that
I
come
up
with
an
answer
quickly.
I
think
we
when
looking
at
our
our
ongoing
budget
and
our
one-time
budget,
though
they
live
in
the
same
document,
come
from
different
sources
and
so
I
think
to
move
some
of
this
investment
to
an
ongoing
position
that
would
require
doing
less
of
either
some
of
our
base
ongoing
work
or
the
additional
six
million
dollars
that
the
mayor
has
prioritized
in
his
recommendation.
I
C
A
C
We're
going
to
our
next
slide
and
at
the
risk
of
repeating
the
conversation
that
we
just
had
about
one
time
versus
ongoing.
This
shows
sort
of
the
base
or
ongoing
investments
made
in
affordable
housing.
Some
of
these
are
indeed
one-time,
recurring
expenditures
such
as
the
affordable
housing
trust
fund.
C
So,
in
total
on
affordable
housing,
we
have
the
twenty
eight
and
a
half
million
one-time
investment,
the
eighteen
and
a
half
million
ongoing,
or
base
investment
about
two
million
dollars
of
spending
that
comes
outside
of
cpad.
All
of
the
programs
you've
seen
on
the
last
two
slides
of
Justin's,
he
ped,
so
things
like
housing
inspections
that
are
added
with
a
particular
emphasis
on
the
high
occupancy
buildings.
C
Three
were
added
two
or
three
were
added
last
year
and
another
few
were
being
added
this
year.
So
those
that's
part
of
that
two
million
plus
four
million
dollars
in
federal
tax
credits
that
are
allocated
by
the
city
is
how
we
come
up
to
that.
Fifty
three
million
dollar
total
investment
in
affordable
housing,
13
million
of
it
being.
A
E
Councilmember
Goodman
is:
can
you
explain
to
me
the
four
million
dollars
in
federal
tax
credits
allocated
by
the
city
is
that
a
9%
tax
credits
we're
getting
an
increase
in
our
allocation?
Is
that
the
4%
tax
credits
and
bonds
is
that
an
increase
in
the
allocation,
none
of
it
capitalizes
into
equity
that
we
give
to
developers.
So
it's
not
really
an
amount
we
put
into
something.
So
help
me
understand
what
four
million
in
federal
tax
credits
allocated
by
the
city
means
specifically
so.
C
F
E
E
F
D
F
Manager,
I
think
if
it's
appropriate
comes
when
were
good
and
we
can
work
with
see
pet
housing
staff
and
get
the
information
to
you
that
we
arrived
at
this.
It's
an
admittedly
an
imperfect
way
of
presenting
it,
but
it
is
the
best
way
we
could
come
up
with
to
try
to
demonstrate
what
our
federal
resources
that
come
through
the
city
to
help
with
affordable
housing,
I'm.
A
H
F
Then
chair
comes
from
member
trader.
I
appreciate
your
comment,
but
much
like
we
allocate
CDBG
I
mean
we
pass
through
on
that
as
well,
some
of
which
goes
to
affordable
housing
that
this
was
the
same
spirit,
trying
to
capture
some
value
there
so
like
they
are
real
dollars
that
the
city
allocates
that,
then
private
entities
can
leverage
and
bring
other
sources
too.
So
that
was
the
effort
again.
H
I
would
just
say
that
what
I
I
get
that
I
think
some
of
my
bias
is
I,
don't
count
federal
dollars
as
much.
It's
very
easy
for
me
to
give
away
other
people's
money
and
I
think
that
that's
is
a
separate
thing.
I
think
we've
it's
it's
very!
It's
a
heck!
It's
accurate
I'm,
not
trying
to
say
that,
but
I
think
it's
just
viewed
a
little
bit
differently
when
it's
other
people.
C
So
some
of
the
other
major
change
areas
contained
within
the
major
mayor's
recommended
budget,
the
first
being
Public
Safety.
The
mayor's
talked
about
a
number
of
investments
in
community
police
relations
across
multiple
departments.
I
think
a
good
one
to
highlight
is
the
group
violence
intervention
program.
This
is
actually
one
of
those
previously
one-time,
funded
programs
that
the
mayor
has
included
ongoing
funding
for
as
well
as
some
one-time
funding
for
an
expansion
into
additional
areas
beyond
the
original
that
were
served
in
addition,
I
think
as
compared
to
the
last
several
years
budgets.
C
The
mayor
is
not
recommending
additional
sworn
officers
through
this
budget.
However,
he
is
recommending
the
conversion
of
eight
positions
currently
filled
by
sworn
officers
to
be
civilian
held
positions.
So
what
that
means
is
the
sworn
count
will
remain
888
if
you
adopt
the
recommendation
as
proposed,
but
it
makes
room
for
eight
more
officers
to
be
on
the
street
as
opposed
to
working
in
it
in
an
administrative
position.
D
You,
madam
chair
I've,
heard
this
describe
different
ways,
so
I
think
it's
just
another
place
to
be
clear
about
what's
happening,
so
it's
not
I
mean
I,
guess
we
are
adding
funds,
a
million
dollars
to
hire
eight
new
people
who
are
civilians?
Okay,
so
it's
not
like
we're
taking
eight
positions
and
using
the
eight
hundred
thousand
or
million
dollars
currently
used
to
pay
their
salaries
and
converting
those
positions
to
civilian
positions
or
adding
staff,
and
instead
of
being
sworn
officers
as
was
planned
as
super
sumed
in
previous
years.
They're
civilians
instead.
C
So,
madam
chair,
council
president,
we
are
to
the
the
first
point
that
you
made
adding
a
million
dollars
to
hire
eight
additional
FTE.
Absolutely
the
intent
is
for
those
eight
FTE
to
fill
eight
existing
positions
that
are
currently
filled
by
sworn
officers,
so
that
sworn
officers
can
instead
be
doing
public
safety,
policing
duties
out
on
the
street.
Why.
D
C
C
D
C
F
F
D
C
Madam
chair,
this
is
again
another
one
of
those
areas
that
will
make
sure
that
the
police
departments
ready
to
explain
crystal
clear
so
the
last
investment
under
the
Public
Safety
as
an
additional
five
fire
personnel
related
both
to
the
opening
of
believe
I'm,
saying
it
right
station
one
downtown,
as
well
as
continuing
to
look
at
the
mobile
health
care
provider
program.
The
discussion
that
was
started
in
last
year's
budget.
C
The
next
major
grouping
of
changes
is
economic
inclusion
looking
to
to
grow
the
city's
economy
through
making
it
more
inclusive.
The
mayor
talked
at
length
in
his
speech
about
a
half
a
million
dollar
investment
for
the
village
trust
financial
cooperative,
which
is
the
aims
to
be
the
city's.
Only
black
LED
financial
institution
in
the
2018
budget.
C
The
year
were
currently
in
if
to
remind
myself
that
constantly
as
I'm
going
back
and
forth
in
time,
we
have
included
a
$50,000
investment
with
village,
trust
and
I
happen
to
be
the
manager
of
that
contract
with
the
organization,
and
they
just
submitted
a
progress
report
which
was
glowing
and
they're
really
doing
a
very
good
job
of
advancing
towards
their
goals
of
getting
a
Federal,
Credit,
Union,
Charter
and
being
able
to
expand
access
to
capital
to
a
large
portion
of
our
population.
That
has
had
a
lot
of
systemic
barriers
to
that
capital.
C
Additionally,
the
mayor
has
recommended
some
continued
one-time
investment
in
the
workforce,
development
centers,
both
Cedar
Riverside,
Opportunity,
Center
and
800
West
Broadway,
and
he
has
also
recommended
about
two
hundred
thousand
dollars
in
the
city
coordinators
office
to
have
monies
ready
for
a
municipal
ID
program
as
soon
as
details
and
timing
is
right.
There.
C
Additional
staffing
for
supplier
diversity
within
our
procurement
team
records
asset
inventory
system,
which
sounds
about
as
wonky
as
you
can
get.
Basically,
this
is
a
digital
system
that
helps
us
understand,
what's
in
the
tower,
so
that
we
know
where
our
historical
records
are,
which
are
currently
now
known
by
one
person
in
the
city,
which
is
a
different
conversation
for
different.
A
B
F
A
Mr.
internal
I
just
wanted
to
confirm
that
the
details
of
the
continuity
planning-
that
is
a
recurring
theme
that
we
see
through
almost
all
of
our
audit
work
in
terms
of
the
city
having
a
robust,
both
risk
analysis
and
also
just
continuity
planning
in
our
city.
Does
it
have
more
information
that
I
haven't
gotten
to
yet
in
the
continuity
planning
and
under
emergency
management?
Or
is
that
amount
just
purely
for
major
disaster?
C
I'm
sure
the
the
amount
that's
being
recommended
for
appropriation
to
the
Office
of
Emergency
Management
for
this
item
is
for
software
to
help
departments
build
those
continuity
of
operation
plans,
so
that
there's
both
consistency
and
approach
and
consistency
in
record
I
think
in
an
emergency
having
clear
records
that
we
can
turn
to
and
understand
how
those
documents
work
is
of
vital
importance
and
I'm
sure
that
mr.
Lane
will
speak
more
to
that
super.
C
The
mayor's
recommendation
for
2019
is
a
five
point:
six
three
percent
increase
to
the
overall
Minneapolis
levy,
so
earlier
I
said
we
were
just
talking
about
the
city.
We'd
get
to
a
point
where
we
were
also
talking
about
the
independent
boards.
Now
is
that
time,
so
that
five
point
six
three
percent
is
inclusive
of
an
increase
both
to
the
minneapolis
park
board,
as
well
as
the
board
of
estimate
and
taxation.
C
The
the
pie
chart
well,
the
the
table
on
the
left
of
your
presentation
shows
just
the
the
change
from
2018
to
2019,
both
in
dollar
amounts
and
percentage.
The
pie
chart
on
the
right
shows
just
by
entity.
Where
is
it
that
our
property
tax
dollars
go
about?
Seventy
seven
percent
or
three
quarters
of
those
property
tax
dollars
go
to
the
city,
be
that
the
the
general
fund,
the
levy
we
have,
that
supports
our
contribution
to
the
NBC,
the
bond
Redemption
fund,
the
the
close
pension
obligations
about
20,
19
percent
of
the
levy.
C
3%
goes
to
the
library
referendum,
which
is
when
the
city
and
county
came
to
an
agreement
to
consolidate
library
operations
into
the
county.
We
took
on
some
debt
at
that
time
that
we're
still
retiring
and
1%
goes
to
the
Teachers
Retirement
Association.
That's
not
a
typo
when
the
Minneapolis
Teachers
Retirement
Association
merged
into
the
TRA.
C
E
C
D
C
F
So
so
in
council
vice-president,
we
as
a
part
of
the
merger
we
had
an
operational
obligation
that
was
phased
out.
I.
Think
in
last
year
was
the
last
year
of
the
operating
subsidy
to
the
county,
and
then
there
was
a
referendum
that
was
passed
for
not
only
in
Central
Library,
but
also
neighborhood
library
improvements
when
the
city
owned
the
libraries,
and
that
is
the
debt
service.
So
it's
mini
app
to
answer
your
question.
F
Minneapolis
only
libraries-
and
it
is
the
debt
service
that
was
associated
with
that
original
referendum,
which
included
primarily
the
new
Central
Library,
but
also
neighborhood
library,
improvements
and
so
that
debt
is
carrying
forward.
That's
the
debt
that
we
will
pay
for
the
next
3-4
years
and
that
will
phase
out
and
we
will
replace
that
debt
with
the
debt
service
for
the
new
consolidated
office,
building,
yay.
B
C
D
C
I'm
sure,
a
council
president,
that's
a
very
good
question.
Thank
you
for
raising
it.
So
the
the
agreement
that
was
forged
in
2016
for
the
parks
and
streets
assumed
a
4%
annual
increase
to
the
park
board
levy.
What
you're,
seeing
in
front
of
you
is
a
five
point:
five
three
percent
increase,
so
it
does
include
an
amount
beyond
what
had
been
planned
for
in
the
five-year
financial
direction.
C
That
five
point:
five
three
percent
is
nine
hundred
and
fifty
thousand
dollars
that
the
mayor
is
including
room
for
it's
a
little
bit
technical,
that
the
mayor
doesn't
recommend
or
set
the
park
board
levy,
because
the
park
board
does
that.
But
he
has
included
room
for
that
in
his
recommendation
of
the
overall
city
lobby.
C
Nine
hundred
and
fifty
thousand
is
made
up
of
eight
hundred
thousand
for
current
operations,
current
service
level
and
a
hundred
and
fifty
thousand
dollars
for
additional
youth
programming
in
a
I'm
gonna
get
the
name
wrong,
but
community
school
program
that's
also
related
to
the
parks.
So
there
is
that
additional
150
thousand
dollars
of
programming
I
think
the
park
board
will
come
to
the
Beatty
in
September
with
their
recommended
and
Levy.
C
D
C
That
date
is
currently
set
in
state
law
to
happen
in
fiscal
year,
2020
prior
to
that
it
was
supposed
to
happen
in
fiscal
year
2018,
and
so
our
intergovernmental
relations
team
is
working
has
been
working,
continues
to
work
with
the
state
legislature
to
make
sure
that
the
state
fulfills
its
end
of
the
bargain.
However,
if
that
doesn't
come
to
pass,
we
are
in
increase
or
the
mayor's
recommending
an
increase
to
the
close
pension.
C
C
The
average
rate
of
return
on
a
single-family
home
has
been
about
three
percent.
Excuse
me
three
point:
three,
though
we
are
seeing
an
overall
market
value
increase
and
a
an
increase.
The
average
median
valued
home
of
ten
percent
comparing
2018
to
2019,
so
home
values
are
increasing
quite
a
bit.
New
construction
value
represents
less
than
2%
of
that
overall
increase.
So
really,
truly,
it
is
inflation
in
the
marketplace.
That's
driving
that
overall
market
value
other
factors
we
talked
about.
C
If
you
know,
there's
there's
what
the
property
tax
levy
increase
percentages
and
there's
what
it
feels
like
to
the
property
tax
payer.
Other
things
that
influence
the
the
feels-like
factor
are
the
market
value
exclusion
program,
so
the
or
often
referred
to
as
the
homestead
tax
credit.
If
you
live
on,
live
in
the
home
that
you
own
portion
of
the
value
is
excluded
from
the
tax
calculation
and
as
your
home
value
grows,
that
exclusion
is
smaller
and
smaller
as
a
percentage
you'll
see
more
on
the
next
slide.
How
that
actually
impacts
the
estimated
property
tax
bills?
C
rough
for
myself,
you
get
a
very
different
flavor
for
property
taxes
because
of
our
backgrounds
me
coming
from
the
state
where
we
deal
very
little
with
property
tax
and
him
coming
from
the
private,
consulting
industry
and
his
vast
depth.
So
anticipating
questions
and
I
have
him,
come
up
and
talk
through
the
fiscal
disparities
program
and
its
impact
on
the
city.
Thank.
F
I,
don't
think,
there's
any
pride
in
knowing
a
lot
about
the
property
tax
system.
That's
not
something
that
I
go
home
and
talk
a
lot
about
with
my
family.
But
I
will
do
my
best
to
answer
the
question
raised
by
councilmember
Goodman
earlier
about
fiscal
disparities
and
the
impact
on
the
city,
so
fiscal
disparities
system
that
was
set
up
in
the
early
1970s
as
a
tax
based
sharing.
F
It
was
actually
set
up
by
a
Republican
primary
author
from
Anoka
a
gentleman
named
Representative
Weaver
and
whose
family
is
still
well-known
in
in
politics.
Today.
Mr.
Weaver
believed
that
both
we
shouldn't
be
encouraging
businesses
to
chase
low
tax
rates,
and
so
we
should
try
to
set
up
a
system
where
we
equalize
tax
rates
for
businesses
and
then
also
to
benefit
places
like
Anoka.
F
That
may
not
get
an
infrastructure
investments
that
attracts
commercial,
so
they
should
get
least
compensated
by
being
more
of
a
bedroom
community
than
a
commercial
community,
so
that
at
least
was
the
overview
among
other
policy
goals
of
sharing
property
tax
base
among
all
cities.
So,
as
mr.
animo
mentioned,
they're
oftentimes
parsed
out
between
connect
computer
tribute
errs
and
net
beneficiaries
for
the
fiscal
disparity
system
and
for
a
number
of
years
the
city
of
Minneapolis
was
actually
a
net
beneficiary.
F
So
we
actually
received
two
three
million
dollars
a
year
of
net
revenues
that
we
otherwise
wouldn't
have
had
up
until
as
recently
as
2013
as
a
city,
but
since
2013,
because
our
commercial
value,
not
just
new
construction,
but
overall
value
has
increased
so
dramatically.
What
happens
with
fiscal
disparities?
Is
40
percent
of
that
value
goes
to
the
pool
and
we
obviously
receive
a
little
bit
of
an
increase
from
that
pool,
but
very
little
increase.
F
So
in
other
words,
we
are
sending
largely
40
percent
of
the
commercial
industrial
value
increase
to
a
pool
honestly
one
the
main
beneficiaries
of
that
system.
Right
now
is
the
city
of
st.
Paul,
and
so
one
of
the
reasons
that
they
and
because
they
on
you
know
have
not
seen
that
same
kind
of
commercial,
either
new
construction
or
value
increase
part
of
what
the
formula
for
how
much
you
receive
out
of
that
pool
is
not
just
commercial
tax
based
growth,
but
overall
tax
base
growth,
and
so
certainly
in
Minneapolis,
has
done
well
again.
F
This
is
a
bell
curve
system
to
try
to
balance
out,
and
so
we
are
doing
better
than
the
majority
of
the
metro
area.
So
we
have
surpassed
what
are
traditionally
been
the
highest
total
dollar,
not
per
capita
but
total
dollar
contributors
which
have
been
places
like
Bloomington
and
Minnetonka
in
Edina
and
Eden
Prairie.
So
we
have
surpassed
it.
So
we
are
now
the
largest
net
contributor
to
the
fiscal
severity
system.
So
the
system
is
not
subject
to
annual
calculations
by
any
legislative
body.
This,
the
Met
Council
body
or
the
state.
F
It
is
an
automated
formula
with
somebody
in
a
spreadsheet
in
Anoka
County,
who
is
still
the
administrator
for
this
system.
So
what
does
that
mean
for
us
now?
So,
as
I
said,
we
could,
we
had
received
a
net
benefit
of
two
to
three
million
dollars
a
year.
Now
it
is
costing
us
essentially
costing
us
generally.
We
are
contributing
about
nine
and
a
half
million
dollars
to
the
of
our
tax
revenue.
F
So
if
fiscal
disparities
did
not
exist,
we
would
have
a
for
one
year
anyway,
a
3%,
lower
lobby
for
those
at
least
to
put
that
in
real
dollar
terms.
I
have
not
seen
the
net
numbers
on
a
comparison
basis
for
2019.
Yet
so
I
don't
know,
you
know
where
we
fall
and
how
much
st.
Paul
is
benefited
compared
to
last
year,
I
didn't
read
a
news
report
that
said
the
st.
F
Paul
net
benefit
of
so
over
something
like
20
or
25
percent,
so
they
are,
but
again
that's
an
uneven
revenue
source,
one
that
is
not
easily
can
be
counted
on
for
long
periods
of
time.
So
it's
a
so
system.
That's
worked
well
from
the
standpoint
of
helping
to
even
out
tax
disparities
among
the
metropolitan
area,
but
certainly
we
are
in
a
phase
now,
where
we're
doing
better
compared
to
the
metropolitan
area
that
again
might
change
someday.
So
that's
the
net
result
in
all.
Come
we're
good
man.
If
you
had
anything
else,
but
I.
F
Now
share
comes
member
Goodman,
your
Ted,
you
are
right,
I,
don't
know
if
currently,
that
is
the
case,
there
have
also
been
exemptions,
a
few
exemptions
for
TIF
districts
not
having
to
pay
in
the
and
I
think
that
might
be
the
latest
Mall
of
America
exemption.
There
was
a
originally
alone
from
the
fiscal
disparities
pool
that
help
paid
for
some
of
the
infrastructure
associated
with
the
original
model
America.
F
J
F
Sure
Thomas
I
know
for
the
councilmember
Fletcher
for
the
contributions
that
is
true,
okay,
but
how
much
money
we
get
back
from
the
pool.
So
we
get
a
fair
amount
of
money
back
from
the
pool,
I
think
30-some
million
dollars,
thirty
four
million
dollars
or
something
from
the
pool.
So
how
much
that
increases
or
decreases
is
based
on
our
overall
per
capita
market
value,
which
does
include
residential
and
commercial.
So
it's
a
it's
a
two-phase
calculation.
One
is
how
much
you
send
in,
and
it's
independent
calculation
on
how
much
you
receive
back.
J
F
J
B
You,
chair
Palmisano
and
mr.
rep
this
my
comments
are
in
no
way
to
speak
ill
of
the
fiscal
disparities
process.
I
think
it
is
fair.
I
just
want
to
highlight
for
my
colleagues
that
our
own
budget
does
not
have
these
same
values
and
it
related
to
equity
in
our
city
and
so
I
think
we
need
to
think
about.
How
are
we
addressing
the
disparities
in
our
community
that
are
born
primarily
by
communities
of
color
and
and
really
creating
a
value
statement
with
our
budget
to
address
those
disparities.
E
E
So
we
are
offering
because
of
our
values,
to
house
the
homeless
and
raise
the
minimum
wage
and
make
sure
our
streets
are
good
and
fight
for
transit
and
do
all
of
the
things
that
align
with
our
values
to
the
best
of
our
ability,
while
we're
giving
communities
that
don't
want
to
grow
a
benefit
and
I
think
that's
troublesome.
It's
also
troublesome
as
it
pertains
to
sales
tax,
where
we
don't,
we
pay
into
the
state
a
lot
more
in
sales
tax,
a
lot
more
than
we
keep
for
ourselves
and
I'll.
E
At
least
our
budget
reflects
as
it
pertains
to
priorities.
So
if
we
keep
eating
up,
we
lose
money
through
fiscal
disparities.
We
don't
get
as
much
in
sales
tax
revenue
and
then
we're
creating
a
whole
bunch
of
new
TIF
districts.
We're
not
really
growing
our
city
and
benefiting
from
it,
and
people
are
strained
by
some
of
this
growth,
maybe
I'm.
The
only
one
thinking
that
some
of
the
growth
is
is
a
strain
on
people
who
are
here,
but
we're
not
really
I,
heard
a
story
this
morning
on
NPR
on
gentrification.
E
Many
of
you
probably
heard
it,
and
one
of
the
things
that
was
said
is
you
know
the
city
is
unapologetic
about
wanting
to
increase
our
tax
base.
Well,
we
we
should
be
somewhat
apologizes
for
not
keeping
all
the
money
from
growing
our
debt
space,
so
it's
hard
to
push
that
growth
on
people
that
often
results
in
gentrification
when
we're
not
even
benefiting
from
it
in
order
to
redistribute
it
to
more
closely
mirror
our
values.
E
F
Chair
Palmisano
I
appreciate
the
comments
that
come
from
member
Goodman,
I
I
do
want
to
say.
The
TIF
is
one
of
the
areas
where
we
can
leverage
other
dollars.
Specifically,
the
state
law
allows
us
to
capture
not
only
our
taxes,
but
also
the
county
portion
of
taxes
on
a
new
building
and
really
the
state
dollars.
So
there
does.
F
It
is
I'm
just
saying
that
all
of
these
points
in
discussion
of
property
tax
are
different
layers
of
the
pie,
some
of
which
going
to
work
at
cross-purposes
and
others
where
we're
trying
to
you
know
we're
giving
to
the
metropolitan
area
and
other
places
where
we're
trying
to
utilize
system
the
rest
of
the
metropolitan
area
and
at
least
I
understand
the
double-edged
sword
of
a
TIF
district.
But
it
does
leverage
other
dollars
that
we
otherwise
wouldn't
have
in
a
general
fund
budget.
From
that
semester,.
E
Off,
though
I
mean
some
would
say
stealing
other
dollars
from
schools,
parks,
county
services,
homelessness,
services,
social
services,
those
monies
would
have
gone
to
those
jurisdictions
to
do
the
same
sort
of
work
that
we're
doing
at
their
level
we're
just
taking
their
money
from
parks
from
schools
from
counties
and
using
it
for
what
we
think
is
more
important
rather
than
letting
them
the
other
units
of
government
decide
what's
more
important.
So
there
are
two
edges
to
that
sort.
Also.
G
F
D
A
This
has
been
a
great
conversation.
We've
heard
a
lot
of
policy
opinions
that
have
gotten
a
little
bit
away
from
what
the
proposed
budget
is,
but
I
think
it
was
in
the
right
places
on
the
right
things:
the
fiscal
disparities
piece,
the
TIF
piece,
some
of
these
different
changes
being
proposed
with
the
knowledge
that
it
is
already
the
end
time
of
our
scheduled
time
today.
Is
there
anything
else
that
you
really
wish
to
highlight
in
your
presentation,
so.
C
I
do
madam
chair.
Thank
you
very
good
like
to
highlight
quickly.
Staff
Gina
Powell
on
the
budget
team
does
a
very
good
job
of
pulling
together
information
very
quickly
as
we
get
it
from
the
county.
So
this
is
just
showing
our
estimated
impact
across
households
of
the
five
point.
Six
three
percent
levy
so
given
what's
happening
in
the
marketplace,
there's
a
thin
red
line
between
five
and
six
percent,
and
so
fifty
percent
of
households
would
see
a
property
tax
increase
greater
than
five
to
six
percent.
C
Finally,
we
are
scheduled
for
a
second
budget
overview
on
September
12th
in
talking
with
mr.
ruff
and
the
chair
about
how
best
to
use
that
time.
We
thought
it
would
be
good,
anticipating
that
there
may
be
questions
and
I
think
we
were
proven
right
in
that
today,
to
really
have
that
focus
on
questions
that
you
still
have
lingering
would
like
answer,
and
so
certainly
let
us
know
what
those
are
so
that
we
can
be
prepared
to
come
back
and
have
additional
good
conversations
like
we've
had
today.
C
A
You
mr.
inter
Mill
I
do
want
to
say
you
know.
Part
of
this
is
that
you've
explained
this
in
a
very
compelling
way.
You've
you've
helped
put
this
in
terms
of
a
story
about
our
budget
and
what
that
means
and
I
think
that's
helped.
Some
of
the
more
robust
conversation
today
you've
explained
some
terms
in
detail
that
we
haven't
ever
really
dug
into
before
in
this
type
of
budget
presentation,
such
as
the
current
service
level,
and
what
that
means.
A
So
there
there's
far
more
detail
of
changes
in
this
budget
than
there
has
been
in
the
recent
past
in
my
time
on
city
council,
so
I
hope
that's
helpful
to
our
colleagues.
We
have
made
a
couple
of
improvements
in
the
budget
process,
including
an
additional
time
to
hear
public
comments
throughout
this
process.
A
Before
we
start
digging
in
and
making
changes,
that's
November
first
is
it
shows
on
the
slide
right
now
and
I'd
be
happy
to
also
speak
with
anybody
individually
about
questions
or
really
thoughts
and
ideas
that
they
have
to
make
this
budget
process
go
smoothly.
So
thank
you
for
your
time.
Thank
you.
Mister
ruff
and
the
finance
team,
and
thank
you
to
my
colleagues
for
the
full
amount
of
time
today
with
nothing
else
before
oh
I
am.
I
should
receive
and
file
this
presentation.