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From YouTube: March 24, 2020 Ways & Means Committee
Description
Minneapolis Ways & Means Committee Meeting
https://lims.minneapolismn.gov/
A
Okay,
good
afternoon
buddy
and
welcome
to
our
regularly
scheduled
not
regularly
located
Ways
and
Means
Committee
meeting
for
March
24th
2020,
we
I
believe,
have
a
quorum
of
the
committee,
but
let
me
just
make
sure
I
know
who's
here.
Since
I
can't
necessarily
see
we
have
a
council
member
work,
Tommy,
yes,
councilmember
Cunningham,.
B
A
C
A
B
D
A
Thank
you.
We
have
an
agenda
and
we'll
proceed
with
the
consent
agenda.
Item
number
one
is
a
legal
settlement
of
a
workers,
compensation
claim
of
Gerald
Schmidt's
item
number:
two
is
a
legal
settlement,
a
workers,
compensation
claim
of
Michael
Greer
item
number:
three
is
a
legal
settlement,
a
workers,
compensation
claim
of
raymond
sombrio
item
number
four:
is
a
legal
settlement
of
the
continuing
health
insurance
coverage
for
john
Elland
item
number.
A
Item
number
16
is
the
Century
Link
franchise
fee
settlement
agreement?
Item
number
17
is
the
Comcast
request
for
cable
television
franchise
agreement
renewal
item
number
18?
Is
the
20
20
local
board
of
appeal
and
equalization
appointments
item
number
19
is
a
collective
bargaining
agreement
with
ask
me
for
the
waterworks
maintenance
unit
item
number
20
is
a
collective
bargaining
agreement
with
the
Teamsters
Convention
Center
custodians
unit.
Item
number
21
is
the
master
contract
with
the
state
of
Minnesota
for
employment
and
training
related
services
from
the
city
item
number
22.
A
It's
a
contract
with
property
solutions
and
services
Inc
for
emergency
stabilization
program,
rental
property
management.
Item
number
23
is
the
Metropolitan
Council
livable
communities,
local
housing
incentive
account
grants
for
Blum
Lake
flats
and
build
wealth.
Minnesota
item
number
24
is
the
20
22
24
consolidated
plan
action
plan
budget
adjustments.
Item
number
25
is
a
grant
application
to
the
US
Department
of
Housing
and
Urban
Development
for
corrective
lead-based
paint.
Hazard
activities.
Item
number
26
is
fund
transfer
between
the
green
cost
share
and
stem
pathways
programs.
A
Item
number
28
gift
acceptance
from
the
east
Isles
residents,
Association
for
fixed
camera
on
Hennepin
Avenue
item
number
29
is
the
Godward
Street
North
East
street
resurfacing
project
approval
and
assessment
item
number
30
is
the
South
Philips
residential
street
resurfacing
project
approval
and
assessment
item
number
31
is
a
contract
amendment
with
SJ
electro
systems
for
the
Supervisory
control
and
data
acquisition
system
system.
Item
number
32
is
a
contract
with
downtown
Minneapolis
transportation
management
organization
for
ABC
ramps.
Multimodal
outreach
programs
item
number
33
is
a
contract
with
Metro
transit
for
route.
A
D
A
B
D
A
F
Hear
you
now,
okay,
good
afternoon
mr.
chair
committee,
members
Patrick
Todd
Minneapolis
to
the
Assessor
pleased
to
present
you,
the
2020
assessment
report
for
the
January,
2nd
2020
property
values
with
me
have
remote
location
is
Rebecca
mall
course
to
the
director
of
assessments
in
my
department
and
I'm,
going
to
give
this
a
whirl
to
see
if
I
can
get
these
slides
to
change.
B
F
I
am
ok
with
slide
number
1
here,
just
a
summary
of
what
we
had
accomplished
for
2020
the
we
did
revalue
125,000
properties
as
of
January
2nd.
The
evaluation
and
classification
which
is
oftentimes
referred
to
as
the
value
notices
have
been
printed
and
our
anticipate
to
go
out.
They
were
scheduled
to
go
out
at
the
end
of
this
week.
F
F
Currently,
we're
starting
to
field
phone
calls
from
property
owners
that
are
saying
under
the
current
environment.
My
property
values
are
dropping
and
I'd
like
you
to
come
out
and
take
a
look
at
these.
The
assessment
period
that
we're
looking
for
are
the
sales
that
had
occurred
between
October
of
18
and
September
of
nineteen.
So
as
far
as
we're
concerned,
like
ovid
19,
the
impact
that
we
are
experiencing
today,
which
is
very
severe,
didn't,
have
an
impact
based
on
the
sales
and
and
valuation
for
the
January,
2nd
January,
2nd
values
up
for
property
owners.
F
F
F
Of
the
three
major
property
types,
it's
interesting
to
note
here
that
in
January
2010,
the
residential,
which
is
the
Green
made
up
sixty
eight
point
three
percent
of
our
market.
Today,
it's
fifty
eight
point:
five
percent
of
our
market
and
the
in
2010
the
apartment
market,
which
was
only
nine
point.
Seven
percent
of
the
value
is
currently
at
19.8.
F
Commercial
has
remained
relatively
stable
over
the
last
ten
years,
where
this
makes
a
big
difference.
Next
slide
is
the
net
tax
capacity,
so
what
you'll
find
here
is
vac
in
2010
the
residential
market
paid
fifty
six
point:
six
percent
of
the
tax
capacity,
whereas
today
they're
at
forty
seven
point
four
and
when
versus
the
apartment,
which
was
nine
point,
two
percent
of
the
of
the
tax
capacity
for
apartments
in
2010
is
currently
at
eighteen
point.
F
Nine
and
one
of
the
questions
oftentimes
asked
by
property
tax
payers
is
they'll,
say
with
all
this
growth,
with
all
these
apartments
being
built.
Why
are
my
taxes
not
going
down-
and
here
there
is
this-
this
slide
does
show
you
that
over
time
as
the
apartment
market
has
grown
and
we
our
tax
base
has
increased.
F
F
F
F
When
we
break
down
our
the
assessment
by
property
type,
we
because
we
do
in
the
end,
when
we're
doing
our
assessment,
we
really
do
try
to
value
properties
by
property
type.
We
don't
compare
single-family
homes
with
condominiums,
we
don't
compare
duplexes
and
triplexes
with
single-family
or
condominiums,
and
so
in
our
assessment.
When
we
finished
the
20/20
assessment,
we
saw
a
slight
growth
in
condominiums
and
townhouses.
We
went
from
4.5
billion
to
5.5
billion.
F
We
did
have
sixty
eight
point:
two
million
dollars
of
new
construction
in
the
townhouse
and
condominium
market,
but
overall
we
saw
nine
less
just
just
under
a
1%
increase
in
market
growth
for
condominiums
and
townhouses
same
thing,
with
duplex
triplex
--is
went
from
3.7
to
3.9
increase,
which
is
about
six
and
a
half
percent.
We
also
saw
nineteen
point.
F
Three
million
dollars
in
new
construction
of
single-family
was
twenty
three
point:
nine
to
twenty
four
point:
five,
which
is
just
a
little
over
one
point:
eight
percent
increase
with
about
131
million
dollars
of
new
construction
next
slide.
When
we're
doing
our
analysis
to
make
sure
that
we
have
a
quality
assessment.
We
we
took
a
look
at
thirteen
hundred
and
sixty
seven
condominiums
and
townhouses
when
we
did
the
valuation.
Apart
of
that
market.
Our
sales
ratios
were
at
ninety
six
point,
two
percent,
which
would
they
have
to
be
between
95
and
105
percent.
F
So
we
feel
very
good
about
that.
We
have
a
co
D,
which
is
six
point
six.
It
needs
to
be
under
15
per
the
Department
of
Revenue
and
their
Co
D,
which
is
the
coefficient
of
dispersion
measures,
the
uniformity,
our
our
assessment
and
then,
when
we
get
into
the
PRD
or
the
price
related
differential,
which
needs
to
be
between
97
103.
We
were
at
a
hundred
point
four
and
the
PRD
measures
the
V,
whereas
the
co
D
is
level
of
accuracy.
F
This
is
a
slide
that
that
we
track
eternally
marred
more
than
anything
else.
In
what
often
times
the
SS
testers
were
because
we're
looking
historically
we're,
often
looking
back
like
we
had
said,
the
October
of
18
through
September
of
nineteen
people,
were
oftentimes
chasing
the
market
when
it
goes
up
and
we're
chasing
it
when
it
goes
down.
F
When
we
see
the
cross
between
the
brown
line,
which
is
our
estimate
of
market
value
versus
what
the
sales
median
sales
prices
are
in
the
market,
when
we
see
those
cross
oftentimes,
that's
usually
the
peak
when
the
market
changes.
We
saw
this
happen
back
in
2008-2009.
When
the
market
changed.
When
the
foreclosure
market
had
taken
off,
we
thought
we
would
see
the
market
start
to
pull
back,
but
it
surprised
us
and
it's
continuing
to
go
strong
again.
F
F
Single-Family
residential
changes,
so
the
large
area
in
this
in
this
chart
53.6%
no
increase
in
their
valuation
from
January,
2nd
2019
to
January
2nd
of
2020.
The
green
on
the
lower
left
21.5
saw
a
zero
to
five
percent
increase.
The
yellow
is
17
point
10,
that's
a
five
to
nine
point:
nine
nine
percent
increase
and
then
seven
point.
Four
was
increases
that
were
ten
percent
or
greater.
D
F
Slide
this
is
a
map
that
is
interesting
so
when
we
overlay
the
percentage
changes
from
the
slide
before
and
put
that
on
a
parcel
level
and
then
attach
a
color
to
it,
you'll
see
that
the
very
light
light
color
from
the
bottom,
if
you're
looking
at
the
legend,
is
showing
less
than
a
10%.
So
those
would
be
reductions
in
value
to
the
a
fairly
neutral
or
a
vanilla
was
no
change
in
value,
and
then
you
go
all
the
way
up
to
the
darker
blue,
which
is
properties
with
a
an
increase
of
10%
or
greater.
F
When
we
look
at
this
map
overall,
where
we
found
some
of
the
changes
that
had
10%
or
greater
those
are
in
the
areas
where
the
we
had
still
the
most
affordable
housing
stock
available,
I
would
say
that
the
the
median
sale
prices
or
the
meaning
assessed
phase
that
we
currently
have
are
located
in
these
neighbors
at
these
neighborhoods.
At
this
point
in
time,.
F
When
we
break
it
down
by
ward,
because
I
know
that
the
council
numbers,
do
you
like
to
keep
this
information
by
a
board,
we
aggregated
it
by
with
last
year's
value,
was
to
what
the
January
2nd
2020
was
how
much
new
construction
was
in
each
area
or
was
in
that
particular
award?
What
is
the
market
change
so
that
the
column
which
has
a
percentage
change
less
new
construction?
We
would
be
attributing
that
to
what
the
DES
market
do
and
then
you
could
add
on
with
the
new
construction
did
on
top
of
that.
F
But
those
are
the
4.17
in
Ward.
One
is
what
we
would
have
felt
was
and
what
the
overall
market
did
in
that
area.
The
median
value
is
safe
for
Ward
one
was
260,000
based
on
449
sales.
We
have
a
median
sale
price
of
74,
two
hundred
seventy
four
thousand
one
hundred
and
our
sales
ratios
in
Ward.
One
we're
at
ninety
five
point:
three:
six
percent.
F
We
do
like
to
take
a
look
and
see
what
does
the
Multiple
Listing
or
the
Northland
MLS
indicate
as
well.
So
currently,
the
median
sale
price
based
on
MLS
data,
which
their
data
is,
is
their
own.
They
don't
use
our
data.
They
had
an
indication
that
the
real
estate
market
in
Minneapolis
went
up
five
point:
seven
percent
over
the
2018
and
I
think
that
should
be
actually
2019
I
apologized.
F
The
median
percent
of
original
is
currently
when
properties
are
listed,
they're
getting
100
percent
they're
listening
room
four
of
the
marketing
time
is
only
up
one
day
over
2018
and
then
a
month
supply
currently
is
1.9
months
of
inventory.
Currently
out
on
the
market.
They
would
say
a
fairly
normalized
market
would
be
three
months
or
longer.
F
And
then
just
a
few
more
slides,
this
is
the
commercial
industrial
market.
We
did
see
a
5.9
percent
increase
in
the
commercial
tax
fix.
We
saw
two
hundred
twenty
six
million
dollars
of
new
construction.
We
saw
about
6.1
percent
increase
in
the
industrial
with
nine
point:
four
million
dollars
our
new
construction.
F
When
we
break
down
the
commercial
industrials
by
sub
market
between
Hotel
industrial
office,
medical
retail,
other
commercial
and
vacant
land,
you
can
see
over
time
the
areas
of
growth
our
office
has
grown
from
forty
eight
point,
two
in
2010
up
to
fifty
two
point:
four
again,
probably
the
the
other
commercial
I
can't
on
my
screen
determine
what
that
is.
I'm.
Sorry,
it's
just
nice
again,
it's
nice
to
see
this
historical
perspective
on
where
our
market
has
gone
over
the
last
ten
years
between
these
sub
sectors.
F
In
our
apartment
market
we
did
see
from
2019
we
had
eleven
point:
eight
billion
dollars
in
apartment
market
had
thirteen
point
one
for
January.
Second,
we
did
see
six
hundred
and
eighty
five
million
dollars
in
new
construction
and
the
overall
market
increased
five
point:
four
percent
on
a
hundred
and
five
sales
with
a
median
sale
price
of
a
ninety
five
point:
six,
with
a
co
d
of
six
and
a
PRD
of
one
hundred
and
two.
So
a
very
good
statistics.
Our
apartment
market,
I.
F
Think
this
is
a
second
of
my
last
slide.
So
this
is
what
the
valuation
notice
looks
like
that
property
taxpayers
will
be
receiving
next
week,
again:
they're
they're
being
mailed.
They
should
be
in
the
mail
if
this
week,
but
if
not
it'll,
be
Monday.
We
have
discussed
because
of
the
current
state
of
emergency.
There
will
be
no
on-site
inspections
to
be
done
because
of
their
kovat.
Nineteen
concerns
the
notices
are
blue.
F
F
Information
about
contacting
our
office
and
appeals
is
on
the
notice.
The
applications
are
being
submitted
online
by
mail
or
in
person.
We
have
worked
with
the
CPD
and
and
reg
services
that
we
do
have
a
Dropbox
that
allows
property
tax
payers
to
swing
by
fill
out
the
information
and
put
it
in
a
Dropbox
without
having
any
contact
with
staff,
and
then
we
do
have
a
few
other
tools
that
are
available.
F
F
We
have
no
idea
what
this
year
will
be
like
we
feel
like
again,
a
residential
market
went
up,
but
probably
not
as
rapidly
as
I
had
gone
up
in
the
past,
but
nonetheless,
we
have
seen
in
the
last
two
years
proper
tax
increases
in
the
range
of
80
to
300
percent
over
the
last
couple
years.
So
we're
hoping
that
we
don't
have
a
similar
increase
in
in
appeals.
F
F
F
A
Thank
You
mr.
Todd
and
I
appreciate,
as
always
the
reminder,
especially
given
the
you
know,
likely
economic
changes
that
people
are
at
least
speculating
about
as
we're
in
the
early
days
of
the
pandemic.
The
reminder
that
these
are
backward-looking
and
that
these
assessments
are
going
to
be
based
on
you
know,
values
from
fall,
2018
to
fall,
2019
I
think
is
going
to
be
important
for
us
to
react.
You
late
again
and
again
as
people
struggle
to
understand
this
I
see
a
question
from
councilmember
Cunningham.
H
Thank
You
mr.
chair
and
thank
you
mr.
Todd
I
actually
have
a
few
questions
so
on
slide
11
you
had
shown
the
the
two
lines
where
the
the
sale
price
versus
the
estimated
market
value
and
how
do
those
crossed-
and
you
said
the
last
time
that
that
happened
was
both
before
and
during
the
housing
foreclosure
crisis.
So
when
we
see
that
happen,
is
that
something
is
that
a
warning
sign
that
we
should
heed
or
it
yes
like,
is
that
it
says
something
of
concern.
F
F
They
say,
cycles
running
around
15
years
from
bottom
to
peak
and
then
to
another
15
years
from
peak
the
bottom
or
issues
you
know
from
bottom.
To
top
to
bottom
is
about
everything
ten
years,
and
this
just
would
have
been
a
perfect
bell
curve
for
something
like
that.
But
it
looks
like
the
market
is
not
ready
to
to
change
at
this
point
in
time.
So
I
wouldn't
say
it's
a
it's
anything
to
be
concerned
with
I,
don't
see
anything
on
the
horizon.
F
That
would
indicate
that
we're
gonna
have
any
length
of
two
thousand
eight
foreclosure
market
at
all.
It
just
means
that
right
now
we're
right
now
in
2019,
we're
tracking
exactly
where
the
market
is
and
right
now,
based
on
our
sales
ratio
of
ninety
five
percent
or
five
percent
behind
the
market.
At
this
point
in
time,
what
we
would
not
like
to
see
and
again,
if
we
probably
attract
this
over
during
the
foreclosure
market,
you
would
actually
see
where
our
assessed
value
is
that
brown
line
was
higher
than
the
market
value.
F
H
That's
that's
very
helpful.
Thank
you.
If
I
may,
mr.
chair
with
another
question,
so
on
slide
12
you,
you
show
the
percentage
breakdown
of
where
there's
change
and
then
the
various
levels.
You
know,
I,
think
it's
it's
great
that
fifty
three
point,
six
percent
of
the
city
is
not
seeing
a
change,
but
it
is
very
concerning
that
out
of
that
seven
point:
four,
that
for
the
second
year
in
a
row
it's
disproportionately
north
Minneapolis.
That
is
seeing
the
change.
So
sorry
on
the
next
slide
of
slide
13.
H
Can
this
is
gonna,
be
a
huge
concern
for
my
constituents.
You
know,
as
you
mentioned,
this
is
the
we
really
considered
one
of
the
last
places
in
the
city
where
there's
an
affordable
housing
stock
and
if
we
see
the
property
values,
keep
increasing
than
they
are
no
longer
is
no
no
or
going
to
be
an
affordable
housing
stock.
H
So
can
you
please
explain
to
the
like
kind
of
like
the
factors
that
go
in
to
the
estimate
or
the
yeah,
the
estimated
market
value
and
because
one
concern
that
folks
have
in
particular
is
around
upper
our
terminal
and
that
redevelopment
happening.
But
that's
something
that's
happening
in
the
future
and
I
know
that
this
is
based
on
the
past.
And
so
can
you
just
explain
that
so
folks
have
a
better
understanding,
sure.
F
Through
the
chair,
councilman
we're
coming
ham.
You
know
these
colors
are
reflecting
the
percentage
change
that
my
staff
needed
to
make
to
become
closer
to
the
what's
happening
in
the
market.
So
we'll
take
a
look
at
every
sale
and
we'll
look
at
every
sale
across
the
city.
Minneapolis
ever
I
think
3200
residential
sales.
You
will
say
if
it's
sold
for
200,
what
was
the
assessed
value
it
was
under
that
190
or
was
that
220
230
and
in
every
case
we're
trying
to
be
right
at
what
the
properties
are
selling
for.
F
So
when
we
take
a
look
in
North
Minneapolis
and
we
said,
okay,
it's
sold
for
a
hundred.
Where
was
our
set
today,
consistency
consistently,
we
would
have
been
at
sitting
at
85
or
88
or
maybe
19.
Well,
where
do
we
need
to
be
well?
We
need
to
be
at
95
to
a
hundred.
So
how
much
do
we
have
to
move
property
values
to
get
to
where
properties
are
selling,
because
that's
really
the
statutory
requirement?
F
F
F
So
if
we
were
to
just
take
a
longer
more
larger
perspective
on
it,
this
is
the
time
when
North
Minneapolis
is,
is
seeing
a
lot
of
equity
built
up
they're,
seeing
a
lot
of
real
estate
transactions
that
probably
hadn't
been
there
for
many
years,
and
and
while
it's
I
agree
that
it
can
be
disconcerting
that
the
price
points
might
just
price
some
taxpayers
out.
This
is,
this
is
a
good
thing
that
we
have
a
lot
of
people
looking
to
buy
in
North
Minneapolis
and
our
billing
equity
and
in
transacting.
F
H
F
That
that
would
be
we
would.
We
would
take
a
look
at
all
the
sales
in
a
very
geographic
area,
so,
let's
say
one
particular
property
sold
for
$50,000
more.
We
would
not
then
focus
saying
that
everything
in
that
particular
area
would
be
worth
$50,000
more
we're
going
to
take
a
look
at
all
the
sales
in
the
area
and
go
what
is
the
average
change
or
what
is
the
median
change
in
that
area?
If
we
try
to
even
narrow
it
down?
Is
it
between
two
stories?
Is
it
between
duplex
triplex?
F
Was
that
a
condition
issue,
so
we're
gonna
really
dig
in
to?
Why
did
that
particular
property
sell
for
$50,000
more
than
the
SS
thing,
and
if
that's
pretty
indicative,
if
that's
the
50,000
is
pretty
consistent
amongst
all
the
sales,
then
yes,
we're
moving
everybody
up
at
that
same
rate,
but
but
we
just
don't
take
a
look
at
one
sale
and
say:
well,
that's
that
represents
the
entire
market
zone.
But
thank
you
so
much
you're.
H
C
A
B
C
C
There
were
some
things
you
mentioned
in
your
presentation,
one
in
halting
the
in-person
visits
for
those
disputing
their
property
values
and
those
seem
quite
helpful,
and
that
was
new
information
to
me.
I
know
we're
all
drinking
from
a
firehose
here,
I'd
like
to
try
and
share
that
information
in
a
newsletter,
as
I
bet
would
all
of
my
colleagues
here
as
people
get
their
property
evaluation
notices
in
the
mail,
as
you
mentioned,
and
so
I
was
curious.
C
If
you
could
help
us
to
suggest
some
language
or
write,
something,
that's
really
specific
and
clarifies
that
if
you
haven't
already
I'm
curious,
since
people
did
receive
their
Hennepin
County
property
tax
statements
in
the
mail
last
week,
if
we
are
considering
or
able
to
offer
any
delay
in
those
invoice
due
dates,
I
believe
they're
doing
two
halves:
May
15th
being
the
first
and
the
second
due
date
being
October
15th.
Are
we
working
with
the
county
and
all
other
taxing
entities
on
anything
like
this?
I
mean
many
homeowners
escrow.
C
This
I
guess
I
assumed
always
that
most
homeowners
escrow
this
from
their
mortgage
payments,
but
I'm
hearing
personally
from
that,
don't
they
would
see
this
as
some
sort
of
temporary
relief,
I
always
say
back
to
them
that
you
know
that
this
goes
into
our
own
budgets,
general
fund
and
thus
funds
are
very
core
essential
city
services
right
it's
in
first
responders,
but
art
is
there
any
consideration
with
all
again
I
know
only
a
portion
is
the
city's
and
then
there's
the
counties.
The
school
districts.
F
F
If
there
is
discussions
currently
over
at
the
Department
of
Revenue
for
extending
that
May
15th,
because
I
do
recognize
that,
especially
in
the
commercial
market,
when
we've
asked
bartend
bars
and
restaurants
to
close
that
to
ask
them
to
be
paying
their
first,
half
taxes
could
be
definitely
be
a
hardship,
so
I
can
definitely
reap
as
soon
as
I
get
a
reply
back
from
the
department
revenue.
If
you
have
to
share
that
information
with
you,
as
well
as
the
entire
council
I
think.
C
F
I
Chair
I'm,
not
on
the
committee,
but
wanting
to
be
here
for
this
today,
I
do
think
the
questions
are
really
important
and
may
kind
of
bleed
into
the
next
section
or
the
agenda
item
related
more
specifically
to
our
budget
updates
and
I.
Do
wonder
if
we
want
to
think
about
adding
something
to
the
communication
that
goes
out
for
Monday,
knowing
that
it's
a
very
quick
turnaround,
but
also
that
we're
in
really
challenging
times,
and
if
we
are
working
on
giving
people
options
or
delayed
payments,
it
seems
important
to
communicate
that
to
our
taxpayers.
I
So
I
did
ask
for
this
item
to
be
added
to
our
policy
group
agenda
for
tomorrow
that
the
mayor
and
council,
vice
president
and
I
participate
in
Mondays,
Wednesdays
and
Fridays.
So
I
think
we
can
collect
these
kinds
of
questions
from
Council
members
offices
and
and
hear
from
all
the
different
staff.
You
know
for
my
gr
and
from
finance
along
with
mr.
time
on
this
issue,
which
in
some
sense
is
about
assessments
but
really
is
more
broadly
about.
You
know
our
property,
tax
collection
policies
and
state
tax
policies
and
timelines.
J
Chair
Fletcher
I
just
did
want
to
respond
to
compliment
Palmisano
as
question
about
on-site
inspections.
We
are
in
coordination
with
Hennepin,
County
and
all
the
other
surrounding
jurisdictions
and
are
in
alignment
that
we
will
not
be
conducting
any
on-site
inspections.
We
are
looking
at
collecting
additional
photographs
than
we
would
normally
collect
and
then
some
kind
of
virtual
inspection
utilizing
FaceTime
and
Skype
technology
if
there
are
certain
factors
or
characteristics
of
a
property
that
the
property
owner
would
want
us
to
see.
So
we
are
extending
those
options
to
probably
pairs
as
needed.
A
Thank
you
very
much
for
that.
I
know
we're
all
gonna
be
looking
for
that,
and
certainly
want
to
be
communicating
with
our
constituents
in
a
variety
of
ways
about
what
these
notices
me
and
I
know
that
everybody's
in
a
little
bit
of
a
state
of
heightened
anxiety.
So
everything
that
comes
in
the
mail
they're
paying
close
attention
to,
and
we
want
to
make
sure
that
we're
communicating
so
I
appreciate
you
sharing
all
of
that
I,
don't
see
anybody
else
in
queue,
so
I'll
pause
for
just
a
second
to
see
a
councilmember
Cunningham.
H
Thank
you.
Thank
you
pushing
all
the
wrong
buttons,
so
I
I
wanted
to
actually
ask
a
question
around.
How
do
we
potentially
maybe
stabilize
the
increase,
for
example,
in
North
Minneapolis,
if
we
were
to
if
there
were
to
be,
for
example,
more
land,
bank
properties
or
properties
that
are
in
some
way
held
in
held
affordable
into
perpetuity?
How
does
that
then
impact
the
overall
areas,
estimated
value
estimated
market
value.
F
Cunningham,
if
that
that's
a
great
question
I'm,
it's
it's
somewhat
of
a
speculative
questions,
but
what
I
would
probably
say
is
the
purchases
when
we
take
a
look
at
sales
and
sales
ratios,
what
are
probably
selling
for?
What's
the
assessed
value,
if
we
put
properties
into
a
land
bank,
those
generally
aren't
indicative
of
what
the
market
is
doing.
Therefore,
they
wouldn't
be
included
in
the
overall
sales,
racial
calculation.
So
let's
say
we
had
400
sales
in
North
Minneapolis
and
a
hundred
of
them.
We
could
get
into
a
land
bank
situation.
F
Ten
or
fifteen
percent
just
to
be
marching
with
the
real
estate
market
and
then
the
ones
in
the
land
bank,
unless,
unless
the
land
big
somehow
has
an
exemption
which
I'm
not
sure
if
they
do
or
don't
I
would
assume
that.
We
would
then
apply
that
same
rate
to
properties
that
are
sitting
in
a
land
bank
sort
of
if
it
was
an
exemption
situation.
F
H
A
Thanks
everybody
seeing
no
further
questions.
I
will
instruct
the
clerk
to
receive
and
file
that
report
Thank
You,
director
Todd
and
his
mom
quests
for
joining
us
thanks
for
that
information
and
for
your
continued
support
of
our
constituents
and
we'll
move
on
to
the
final
item
on
the
agenda,
which
is
the
2019
fourth
quarter
for
an
angel
status
report
and
I'll
just
say
this
turns
out
to
be
timely.
A
A
It
gives
us
an
opportunity
right
now,
I
think,
to
make
sure
that
we
really
understand
our
cash
flows
at
a
moment
that
we're
going
to
be
getting
a
lot
of
unusual
questions
about
our
financial
position
and
so
I
appreciate
budget
director,
mica
internal
being
prepared
to
give
us
this
report
and
perhaps
make
it
a
little
more
forward-thinking
rather
than
backward
looking
report.
Then
it
would
typically
be
directory
animal.
G
Thank
You
mr.
chair
as
I,
was
saying
we
wanted
to
use
this
time
to
provide
an
update
on
what
we're
seeing
in
finance
right
now
as
potential
impacts
of
the
response
to
Cove
in
nineteen.
Just
word
of
caution
with
the
numbers
we're
going
to
be
sharing
is
much
much.
Uncertainty
exists
right
now
and
I'm
reminded
of
a
quote
that
I
saw
from
a
former
boss
of
mine.
G
The
state
of
Minnesota
commissioner
management
and
budget
was
in
The,
Wall
Street
Journal
last
week,
saying
right
now
the
place
we're
at
is
question
mark
times,
question
mark
equals
question
mark
and
I
think
that
that
was
actually
a
really
good
way
of
underscoring
the
some
of
the
uncertainty
we're
seeing.
That
said,
there
is
early
data
that
we're
seeing
that
gives
us
a
chance
to
provide
you
some
information
as
we
know
it.
G
So
that's
what
we're
sharing
today,
Lori
Johnson,
our
deputy
CFO,
is
also
going
to
share
some
information
about
already
actuals
for
purchase
in
response
to
koban
19
as
an
enterprise
and
talk
to
you
about
several
other
covered
19
financial
factors
that
are
on
our
radar.
So
if
we
could
go
to
the
the
first
slide,
yep
sorry,
the
next
slide.
G
So
just
an
overall
message
here
is
that
our
total
budgeted
revenues
for
2020
are
about
1.7
billion.
This
slide
represents
potential
losses
of
between
45
and
120
million
the
length
and
depth
of
social
distancing,
and
the
reason
that
comes
into
play
is
because
largely
our
city,
revenues
outside
of
property
taxes
are
dependent
on
consumption.
So
we
don't
have
the
ability
to
levy
general
taxes
aside
from
property
tax,
unless
the
state
says
we
can,
and
so
typically
it's
a
fee-for-service
arrangement
where,
if
someone
opens
a
business
and
we
engage
in
regulatory
activity,
we
collect
a
fee.
G
If
someone
uses
water,
we
provide
out
of
the
tap,
we
provide
that
water
and
we
collect
a
fee,
etc.
So,
with
the
social
distancing
that
we're
seeing,
consumption
is
down,
and
so
revenues
are
being
impacted.
The
the
first
place
that
we
looked
about
a
week
and
a
half
ago
was
at
local
taxes
and
based
on
what
we
know
from
current
cancellations
of
activity
at
the
convention
center.
Just
various
postponement
of
sporting
events,
not
only
here
in
Minneapolis
but
nationally,
cancellations
at
entertainment,
venues
and
other
early
indicators
from
the
local
economy.
G
What
we're
seeing
is
that
at
a
minimum
we
will
see
reduced
revenues
in
our
local
taxes
of
about
15%
and
the
longer
the
social
distancing
lasts.
We
could
see
upwards
of
55
percent
loss
compared
to
our
budget
and
in
these
remarks,
I'm
in
no
way
advocating
one
way
or
another
as
to
which
way
we
go
on
social,
distancing,
I'm.
Just
explaining
that
that
that
has
an
impact
on
our
revenues
and-
and
that
is
how
we
are
thinking
about
what
the
longer
term
impacts
might
be
so
moving
down.
B
G
As
with
local
taxes,
we
expect
to
see
a
minimum
of
about
a
15%
drop
in
those
parking
fees,
but
our
upward
estimate
of
what
we
may
see
a
reduction
in
is
about
40%
and
that's
just
reflective
of
the
fact
that
we
do
have
some
monthly
parking
contracts.
So
there's
a
little
bit
of
inelasticity
built
in
and
we've
been
working
directly
with
Public
Works
who's
been
very
good
to
work
with
on
this,
as
they
they
have
some
near
real-time
data
on
parking
that
they've
been
able
to
share
with
us
and
develop
those
estimates.
G
Our
interest
earnings
are
a
little
bit
of
a
different
animal
and
we
do.
We
do
receive
interest
earnings
not
only
to
the
general
fund
but
other
funds,
because
our
options
for
investments
are
limited
to
various
low
risk
securities
and
you
know
related
related
vehicles.
The
the
extent
of
the
market
volatility
is
limited,
we're
seeing
you
know
extreme
volatility
in
the
stock
market,
but
again
we
earn
much
more
vanilla
type
investments
at
the
city,
so
there
is
there's
a
floor
there.
G
The
challenges
we
are
at
the
floor.
Most
of
the
investment
options
are
linked
directly
or
indirectly
to
the
federal
funds
rate
and
since
that's
already
as
low
as
it
can
go,
we
do
have
a
pretty
good
idea
where
investment
earnings
will
end
up.
This
was
an
estimate
that
my
cabling
or
director
of
debt
and
investments
shared
yesterday
that
we
are
likely
to
end
the
year
with
our
investment
earnings
at
about
forty
to
forty-five
percent
below
our
budget
construction
licenses
and
permits
are,
are
also
a
little
bit
interesting
here.
G
I
think
that
I
had
a
lengthy
conversation
this
morning
with
Steve
poor
director
of
development
services
and
he's
taken
a
look
at
the
the
first
quarter
of
applications
for
permits
and
licenses
and
we're
seeing
activity.
That's
about
fifteen
percent
lower
than
the
first
quarter
for
2019.
Now.
The
good
news
is
in
all
of
this.
Last
year
during
the
development
of
the
2020
budget,
we
worked
with
the
mayor
and
you
know
at
the
time
we
were
seeing
the
inversion
of
the
yield
curve,
which
is
a
leading
indicator
for
an
economic
recession.
Of
course
Cove.
G
It
wasn't
on
anybody's
radar,
but
the
the
recognition
that
we
may
see
a
slowdown
soon
was
was
with
us.
While
we
were
putting
together
the
budget,
and
so
we
had
planned
on
less
activity
in
twenty
than
in
2020,
then
we
saw
in
2019.
So
on
the
slide,
you
see
a
floor
of
twelve
percent
as
opposed
to
fifteen
percent,
and
that
just
explains
that
difference.
The
that
25
percent
upper
end
represents
what
we
would
see
in
a
Great
Recession
type
scenario.
G
If
the
construction
activity
dried
up,
you
know,
I,
think
that
what's
important
to
keep
in
mind
with
respect
to
construction
permits
is
that
in
in
January
in
February
we
were
still
in
a
very
strong
economy
and
there
was
a
lot
moving
into
the
pipeline.
So
right
now
a
lot
continues
to
move
through
the
pipeline
and
in
talking
with
mr.
G
We
won't
get
those
revenues
at
all.
It
just
delays
the
receipt
now,
depending
on
the
duration
of
the
of
the
heavy
social
distancing
and
the
prohibition
from
that
in-store
activity.
You
know
the
the
reality
is.
Some
businesses
may
not
make
it
back
so
that
could
ultimately
impact
collections
for
business
license
fees,
but
that's
a
little
bit
different
than
it
being
directly
related
to
the
emergency
regulation.
You.
G
So
speaking
for
me,
personally,
I
was
expecting
that
these
revenues
would
be
pretty
solid,
because
utilities
demand
for
utility
is
pretty
inelastic,
but
what
we
learned
was
that
and
I
think
it
makes
it
makes
sense
once
you
think
through
it.
For
the
most
part,
they
are
inelastic,
except
that
our
population
grows
during
the
the
work
day
when
the
typical
nine
to
five
Monday
through
Friday,
when
there
are
folks
who
live
outside
of
Minneapolis
but
work
in
town
and
when
they
are
in
town
they're.
G
You
know
using
water
using
sanitary
sewer
services,
then
when
they
go
home,
they're,
not
relying
on
city
of
Minneapolis
services,
and
since
that
those
charges
are
dependent
on
consumption
again.
Lower
consumption
means
lower
revenues.
So
you
know,
as
as
folks
stay
out
in
those
surrounding
communities.
We've
got
less
water
being
used
less
sewer
being
used,
so
we
expect
revenues
for
those
of
utilities
to
come
in
at
about
five
to
twelve
percent
lower
than
that.
Our
budget
I'll
pause
there
and
see.
If
we
have
any
any
questions.
G
I
think
the
the
first
and
biggest
tool
we
have
to
handle
the
economic
impacts
is
time
it's
early
in
the
year,
and
that
gives
us
the
ability
to
respond
to
what
we're
seeing
on
the
revenue
side,
by
evaluating
our
spending
options
and
a
good
example
of
this
is
when
we
think
about
our
downtown
assets
fund.
It
was
its.
It
was
built
with
potential
downturn
in
mind.
You
know
we
weren't
expecting
a
doomsday
scenario.
G
Doomsday
is
a
bad
turn,
but
we
weren't
expecting
a
sharp
downturn,
but
we
recognize
that
you
know
markets
and
the
economy
has
cycles
to
it,
and
so
the
the
relief
valve
for
lower
expenditures
in
the
downtown
assets
fund
is
we
can
do
less
capital
than
we
had
planned.
Those
expenditures
can
be
dialed
back.
If
revenues
don't
exist
to
support
that
spending
so
that
we
can,
you
know,
get
into
the
next
year
and
reevaluate
as
opportunities
present
themselves
to
make
additional
investments.
G
So
that's
that's
kind
of
what
we're
what
I
mean
when
I'm
talking
about
the
fact
that
we
have
time
on
our
side.
If
we
were
at
November,
we
would
have
spent
much
of
the
budget
according
to
our
plan,
and
then
we
would
there
just
wouldn't
be
the
ability
to
respond
so
again
being
being
in
March.
We,
we
feel
good
about
that.
The
second
tool
that
we
have
at
our
disposal
is
a
strong
cash
position.
G
We
don't
have
unlimited
cash
resources,
but
we
do
have
cash
available
and
we
have
to
be
prudent
about
how
we
deploy
those,
but
the
fact
that
they're
there
puts
us
ahead
of
the
curve
as
we
as
we
think
about
the
internal
services,
in
particular
as
an
example
here,
and
we
run
a
fleet,
business
and
IT
business,
a
self
insurance
business
and
a
rapid
these.
These
are
all
within
the
city.
G
So
the
specific
example
I
have
for
you
here
relates
to
the
collection
of
local
taxes.
So
many,
if
not
all
of
you
know
that
local
taxes
were
due
from
merchants
on
the
regular
monthly
schedule
on
March
20th.
So
last
Friday
when
merchants
were
omit
those
taxes
they
report
both
on
their
monthly
sales
and
the
amount
of
taxes
that
they
owe
to
the
state,
and
then
the
state
ultimately
passes
on
to
the
city
based
on
those
sales.
G
So
they
report
those
two
numbers
and
then
they
also
put
in
their
their
payment
of
taxes,
and
last
week
the
state
announced
that
they
wouldn't
be
charging
a
penalty
for
those
merchants
who
paid
less
than
the
amount
reported
as
owned.
So
if
you
owe
a
thousand,
you
only
paid
500,
the
state
said
we
understand.
What's
going
on,
we
understand
the
situation.
We
aren't
going
to
charge
you
a
late
fee
for
that
second
500
Oh.
G
Eventually,
those
amounts
will
likely
be
paid,
but
it
creates
sort
of
a
cash
flow
challenge.
Well,
yesterday
we
learned
from
the
League
of
Minnesota
cities
that
the
state
is
planning,
at
least
for
the
March
20th
payment,
to
pass
along
to
the
local
units
of
government
the
amount
that
merchants
reported
as
owed
as
opposed
to
the
amount
that
merchants
paid.
K
So
budget
director
and
we'll
talk
about
the
revenue
reductions
we
may
be
seeing
in
addition
to
that,
there
are
some
resource
requests,
so
we're
going
to
have
some
expenditures
to
deal
with
this
issue
as
well.
You
might
recall
that
we
approved
the
emergency
regulation
to
allow
us
to
put
into
place
the
Minnesota
statute,
allowing
the
city
to
bypass
bidding
requirements
that
was
approved
by
the
mayor
last
week.
Those
expenditures
are
only
related
to
Cove
at
19
and
they
must
be
greater
than
$2,500
and
run
through
our
Emergency
Operations
process.
K
I
also
want
to
let
you
know
that
the
civil-rights
Department
is
included
in
that
process,
because
we
know
the
importance
of
that
issue
throughout
as
we
sit
here
goods,
so
they
were,
they
are
automatically
looped
into
those
purchases.
The
current
amount
that
we
have
seen
come
across
fork.
Ovid,
19
expenditures
is
about
$500,000,
the
majority
of
that
being
PPE
personal
protective
equipment
mask
suits
goggles.
K
The
major
purchase
that
we
had
was
three
hundred
and
fifty
thousand
dollars
for
five
hundred
thousand
masks
that
OAM
requested
as
part
of
their
pool
of
or
cash
of
equipment
that
they
allocate.
The
other
part
of
this
is
cleaning
and
sanitation
supplies.
The
police
vehicles
make
it
clean
more
thoroughly.
Our
buildings
are
being
cleaned
very
thoroughly
hand,
sanitizer
all
of
those
little
things
that
people
need
to
do
their
jobs
effectively
and
then
the
other
that
is
about
90,
to
$100,000,
for
additional
IT
resources
to
increase
our
remote
work
capabilities.
K
We
obviously
have
a
lot
more
people
working
remotely
than
we've
had
in
the
past.
There
were
expenditures
that
I
T
needed
to
make
to
do
that.
They
did
this
very
quickly,
a
very
good
response
from
them
to
get
our
workforce
set
up
working
remotely
because
we
want
to
continue
to
have
our
employees
do
the
work
that
we
need
to
have
them
do
I.
Do
want
to
note
that
the
number
you
have
in
front
of
you,
the
500,000,
is,
as
of
yesterday.
We
are
new
to
this
process.
K
Obviously,
we're
very
concerned
about
city
employees.
We
need
to
have
core
services
continue.
We
have
a
lot
of
other
work
that
needs
to
be
ongoing
even
through
this
crisis.
So
it's
important
that
our
employees
are
working,
but
it's
also
important
that
they
take
care
of
themselves,
because
that
is
critical.
They
are
they're
very
important
to
us.
We
want
to
make
sure
that
happens,
so
that
concern
is
ongoing.
We
do
anticipate
that
today
a
document
will
be
going
out
to
all
employees
laying
out
the
various
leaves
that
are
available
to
them.
K
K
It
has
two
components:
one
related
to
emergency,
sick
leave
and
the
other
to
an
expanded,
Emergency
paid
family
leave.
There
are
different
provisions
and
nuances
with
those
we've
tried
to
lay
some
of
them
out
in
the
FAQ
that
will
go
out
today.
We
are
waiting
for
implementation
guidance
from
the
federal
government
once
we
have
that
we
know,
or
we
will
then
know
how
we
can
implement
it
for
our
employees.
It
is
effective
on
or
before
April
2nd,
so
it
is
not
yet
effective.
K
So
the
timing
of
that
and
the
city's
our
regulation
are
slightly
off,
but
we
are
working
to
coordinate
those
two
together.
We
need
to
make
sure
they
sync
up
and
that
we
are
giving
the
employees
of
the
the
benefits
they
deserve
and
the
the
options
that
they
have
for
taking
leave
time
and
like
I
said
earlier,
we
do
have
a
good
share
of
our
workforce
at
home
working
remotely.
K
We
have
others
who
must
be
on
the
front
lines,
and
we
certainly
want
to
acknowledge
the
work
that
they're
doing
and
being
on
the
front
lines
is
not
an
easy
thing
during
this
time
and
we
appreciate
all
that
they
are
doing
so.
What
is
that?
I
am
going
to
kind
of
leave
that
topic,
because
it
is
complex
when
you
get
into
all
the
details,
if,
after
you
get
the
information,
you
have
questions
you
should
reach
out
to
HR,
or
you
can
also
contact
me
on
to
the
medical
self
insurance.
K
We
do
anticipate,
of
course,
that
there
might
be
some
uptick
in
insurance
costs.
We
are
self-insured.
We
have
a
350
thousand
dollar
stop-loss
on
an
individual
claim.
That
means
once
a
claim
reaches
350
thousand
dollars,
our
insurance
kicks
and
our
reinsurance
kicks
in.
We
also
have
an
aggregate
stop-loss
that
is
a
hundred
and
twenty
five
percent
of
anticipated
claims.
Our
anticipated
claims
or
budget
claims
for
about
sixty
million
dollars,
so
an
additional
15
million
would
need
to
be
spent
over
and
above
our
anticipated
claims
before
that
would
kick
in,
but
we
do
have
stop-loss.
K
We
also
have
reserves
in
place.
You
might
recall
that
we
set
up
self
insurance
in
January
1
of
2018.
We've
got
reserves
from
18,
also
19,
so
we
feel
that
we
will
be
in
in
fine
shape
at
the
end
of
the
year.
However,
it
will
really
depend
upon
how
many
major
Kovach
19
issues
we
have
and
how
many
other
major
illnesses
and
issues
that
we
have
workers
compensation.
We
are
also
self-insured,
as
you
know,
for
workers
compensation.
K
There
is
some
legislation
pending
that
would
change
the
applicability
of
workers,
compensation
for
kovat
19,
the
Department
of
Labor
and
Industry.
Commissioner
Nancy
Olympic
hosted
a
phone
conference.
Yesterday
we
participated.
Gene
Ranieri
and
I
did
to
talk
about
the
impact
of
that
legislation
on
the
city
of
Minneapolis,
and
it's
a
little
unique
for
us,
because
we
are
self-insured
both
for
work.
Comp
and
medical,
so
we
will
pay
those
medical
bills
either
way,
but
we
are
concerned
about
the
impact
on
the
indemnity
piece
for
workers,
compensation,
which
is
the
loss
of
work
piece.
K
And,
of
course,
we
want
to
make
sure
that
the
benefits
that
we
have
in
place,
where
we
have
the
additional
80
hours
for
emergency
responders
that
that
all
coordinates
with
workers,
compensation
and
the
federal
bill.
The
way
the
workers
compensation
language
is
drafted.
Now
it
would
not
take
into
account
the
additional
leave
that
we
have
given
for
our
emergency
responders,
so
we
at
least
want
some
provision
for
that
extra
benefit
that
the
city
of
Minneapolis
has
given
to
its
workers.
K
So
we
will
continue
to
monitor
that
and
give
you
updates
as
needed
on
that
legislation,
overtime,
class,
Mike
and
his
team
were
able
to
present
estimates
on
a
lot
of
the
revenues
we've
been
trying
to
do
that
out
on
expenditures
as
well.
Overtime
cost
is
something
that's
difficult
for
us
to
estimate.
We
don't
know
because
until
we
know
how
many
staff
members
will
have
out
it's
really
hard
to
calculate
overtime
costs.
What
I
can
say
is
that
we
will
be
tracking
those.
K
There
is
some
provision
in
the
FEMA
federal
reimbursement
for
payment
of
overtime
costs
related
specifically
to
coded
night
tene.
So
we
will
continue
to
monitor
that
and
do
what
we
need
to
do
to
make
sure
our
emergency
responders
are
able
to
respond
to
our
residents
moving
on
to
again
the
potential
for
federal
reimbursement.
There
are
three
categories
where
we
believe
we
will
be
able
to
get
some
reimbursement.
K
There
has
been
some
FEMA
guidance
issued,
but
I
kind
of
give
the
caveat
with
all
of
these
that
anything
can
change
as
we
go
along,
so
we
are
trying
to
be
flexible
and
not
hang
our
hat
on
something
that
may
not
occur.
We
are
tracking
their
expenses
very
carefully
so
that
if
we
do
get
reimbursement
from
federal
government
in
the
state,
we
will
have
that
data
to
request
that
reimbursement.
So
in
the
federal
side,
based
on
their
current
guidance,
there
are
three
areas
of
possible
reimbursement.
K
Those
include
security
and
law
enforcement,
so
our
typical
Police
Fire,
and
it
also
may
include
civil
rights,
regulatory
services
and
health
for
Kovach
19
services
that
they
provide
over
time,
as
we
discussed,
could
also
be
one
of
those
items
and
then
public
health
community,
the
cleaning
of
public
facilities.
So
there
are
some
areas
that
we
can
recoup
cost.
K
Obviously
there
are
a
lot
of
other
individuals
who
are
spending
the
time
on
this
issue
and
we
will
not
receive
reimbursement
for
those
those
services
as
far
as
the
state
at
this
time
we
don't
know
what
reimbursements
will
be
available.
Perhaps
there
will
be
some
and,
of
course
we
will
do
everything
we
can,
like
I,
said
to
track
those
costs
and
to
be
ready
for
submitting
reimbursements
on
any
of
those
issues
and
I
believe
that
covers
all
of
the
other
financial
factors.
K
G
Thank
thank
you,
Laurie
I.
Think
that's
exactly
right!
At
this
point,
we
were
hoping
to
hear
from
you
council
members
to
to
see
what
what
other
information
is
needed.
What's
helpful
for
you,
as
you
continue
to
work
on
behalf
of
the
city
and
your
constituents,
and
you
know,
as
we
continue
to
all
drink
from
this
fire
hose.
A
C
Angst
comes
member
Fletcher,
director,
intramural,
I'm
curious.
We
have
been
receiving
a
lot
of
contacts
that
seem
not
urgent
right
now,
given
all
that
we're
dealing
with,
but
they
are,
people
are
inquiring
about.
You
know,
say
our
last
cycle
or
two
of
financial
decisions
and
if
there's
any
opportunity
to
go
back
and
revisit
them
in
light
of
this
kind
of
sudden
turning
point
in
the
market
and
I'm
just
curious
in
general,
do
we
have
staff
available
to
even
do
that?
Are
some
more
practical
than
others?
C
G
That
was
my
telephone
ringing
at
a
very
inopportune
time.
Apologize
for
that.
So
I
think
that
it's
it's
a
good
question.
If
I'm
understanding
it
correctly,
the
question
is:
can
we
undo
some
budget
decisions
of
the
past
and
I
think
that
the
answer
to
that
question
is
always
yes,
I
mean
when
we,
when
the
mayor
proposes
a
budget
each
year
and
the
council
adopts
it,
there's
always
that
ability
to
go
back
and
revisit
all
decisions.
G
B
A
Thank
you
for
that.
I'll
put
myself
in
queue
and
other
council
members
should
feel
free
to
join
in
whether
you're
on
the
committee
or
not
I,
think
this
is
a
good
opportunity
for
us
to
have
some
discussion
about
this.
I
guess,
I
think
I'm
getting
a
lot
of
questions,
particularly
from
small
businesses,
about
what
our
capacity
is
at
various
levels
of
government
to
to
do
any
kind
of
granting
or
support
and
I
think
it'd
be
helpful
to
sort
of
contextualize.
A
Where
were
where
we're
at
in
thinking
through
what
our
cash
resources
are
hearing
that
we're
looking
at
current
service
level
that
there's
we
know
that
we're
taking
these
hits
in
these
particular
ways,
I
think
being
able
to
explain
to
people
sort
of
the
scale
of
the
problem.
We
think
and
the
scale
of
you
know
what
the
city's
potential
you
know
in
investment
into
the
solution.
A
You
know
it
would
be
a
helpful
thing.
I'm
not
expecting
an
answer
to
that
today,
but
I
think
just
in
terms
of
guidance
around
you
know,
moving
forward
sort
of
what
are
the,
what
are
the
tools
at
our
disposal
and
then
I
I
would
also
say
if
you'd
have
any
sense
of
you
know.
Obviously,
right
now
we're
in
a
state
of
emergency,
where
the
mayor
has
unusual
authority
to
allocate
resources.
G
The
good
news
is
I
talk
with
my
hands,
so
mr.
chair,
it's
a
good
question.
Laurie,
please
jump
in
if,
if
I
miss
anything
I
think
we
can,
we
can
certainly
look
at
that
ability
to
do
granting
and
support,
particularly
as
we
continue
to
refine
refine
our
cash
flow
estimates
and
look
at
our
needs
on
the
questions
specific
to
businesses
and
what
is
the
city
doing
right
now?
This
is
a
little
bit
outside
of
finances.
Lane,
but
I
know
that
see.
Ped
is
doing
a
great
job
of
putting
fa
Q's
out
on
the
website.
G
So
far
from
our
tracking,
we
are
not
seeing
any
expenses
beyond
that
which
are
already
budgeted.
So
there
may
be
some
repositioning
of
the
city's
business
technical
assistance
program
in
dollars
to
to
do
some
more
specific
kovat
19
response
that
we
obviously
weren't
planning
for
four
months
ago,
but
not
adding
new
costs
beyond
that
which
is
already
budgeted.
So
that's
I
think
that's
how
I
would
answer
that
question
specifically.
A
H
H
Unknown
time
as
we're
trying
to
navigate
that
together,
so
this
has
been
helpful,
so
I
have
two
things.
The
first
is
the
information
you
would
ask
for
information.
That
would
be
helpful.
We've
talked
about
this
a
few
times
around
the
need
for
budget
forecasting
to
be
able
to
look
at
like
the
long-term
implications
and
I
think
you
know
the
the
intention
behind
my
request,
for
that
was
for
us
to
be
able
to
kind
of
have
an
idea
of
when
a
recession
could
happen
and
then
how
to
be
able
to
prepare
for
that
and
be
intentional.
H
So
now
we
know
one
is
going
to
happen
and
so
I
guess
it's
kind
of
like
how
serious
is
it
gonna
be?
What
are
the
expectations
for
how
long
it's
gonna
ripple
into
the
future?
That
sort
of
information
would
be
really
helpful
for
me,
as
a
council
member
when
it
comes
to
making
financial
decisions
related
to
the
budget
and
then
also
and
again,
we've
talked
about
this,
but
I
just
want
to
make
sure
that
that
we're
having
a
larger
conversation
about
it
is,
you
know
there
is
the
ability
to
be
able
to
say
we're.
H
Just
gonna
keep
things
at
the
current
service
levels
and
you
know
like
we
won't
have
I'm
just
using
like
this.
As
a
general
example,
we
won't
have
any
new
change
items,
we'll
just
do
the
current
service
levels,
but
how
do
we
know
if
the
current
service
levels
and
what
is
currently
allocated
is
working
and
that
those
are
good
investments
and
that
it's
worthwhile
for
us
to
continue
to
invest
in
those
specific
things?
H
G
Mr.
chair
and
councilmember
Cunningham,
yes
there,
so
let
me
step
back
first
to
sort
of
the
the
long-term
implications
in
our
budget.
Forecasting
work
that
we're
doing
our
my
my
team,
the
Budget
Office
staff
has
really
been
working
on
this
for
about
two
weeks
specific
to
this.
This
coming
Kovach
crisis
that
we
find
ourselves
in
now,
and
we've
built
a
new
model
to
help
us
understand
what
those
revenue
impacts.
That
I
spoke
to
you
about
how
those
sort
of
flow,
through
our
budget,
that's
being
used
to
inform
the
cash
flow
analysis
for
our
current
need.
G
G
Think
that
the
other
half
of
your
comment
really
speaks
to
wanting
to
make
sure
that
we're
not
sort
of
blindly
saying
everything's,
okay
or
we're
not
sort
of
blindly
saying
everything
needs
to
be
cut
by
10
or
20
percent.
If
that's
the
reality
that
we're
in
the
future
by
no
means
am
I,
saying
I
know
that
to
be
true
but
I.
G
You
know
just
using
that,
as
a
figure
I
think
I
certainly
agree
with
that
thinking
and
what
we're
what
we've
talked
with
the
the
mayor's
team
about
is
looking
more
specifically
much
to
your
point
about
department
by
Department
program
by
program.
Where
is
that
flex?
You
know
even
in
this
year,
but
in
future
years,
so
that
we,
you
know,
we
all
understand
that
the
the
current
service
level
today
was
put
into
place
with
the
best
thinking
over
time.
But
now
we
need
to
tomorrow
apply
tomorrow's
best
thinking
to
the
future.
D
L
You
mr.
chair,
for
letting
me
comment,
and
probably
what
I
want
to
say,
is
a
little
bit
more
of
a
comment
than
a
question:
mr.,
inter
mellon
and
Laurie.
Thank
you
for
everything
that
you're
putting
together
I've
been
through
this
once
before,
and
we're
not
going
to
be
talking
about
current
service
levels.
L
We're
going
to
be
talking
about
major
reductions
in
service
and
I
want
to
remind
everybody
without
being
debbie,
downer
or
alarmist
that
70,
some
percent
of
all
of
the
money
we
spend
in
the
city
is
in
people,
and
so
when
we're
looking
at
a
reduction
in
service
lover,
we're
talking
about
laying
off
people,
and
so
we
need
to
do
I.
Think
what
our
finance
department
has
done
so
well
at
this
point,
which
is
conserve
cash
as
well
as
refocus
existing
programs,
especially
as
it
pertains
to
economic
development.
L
L
So
when
I
see
maps
like
the
one,
the
Assessor
put
out
and
I've
already
sent
a
like
a
somewhat
alarming
note
to
Andrea
and
Lisa
today,
when
I
see
things
like,
people
are
gonna
see
their
property
tax
value
increase
by
ten
percent,
but
they
know
the
economy
now
doesn't
support
that
value.
But
we
can't
do
anything
about
that,
because
that's
what
the
state
requires
us
to
do.
L
People
are
gonna,
get
valuation
notices
in
the
next
couple
of
weeks,
saying
their
property
increased
in
value,
but
at
the
moment
it
didn't,
and
then,
if
we
have
the
regular
six
percent
increase,
compounded
on
the
ten
percent
property
tax
value,
we
are
gonna,
have
a
crisis
in
the
housing
market
also
and
I'm.
You
know
very,
very
worried
that
housing
instability
as
a
result
of
taxes
is
gonna,
create
a
bigger
problem
overall.
L
So
I'm
not
offering
up
solutions
in
a
public
meeting
and
a
public
conversation
right
now
only
to
say
that
anyone
who's
thinking
that
we're
going
to
be
able
to
be
offering
financial
assistance
to
anyone
at
this
point
will
be
compared
against
keeping
our
own
employees
working
and
it's
just
the
tough
reality.
We
don't
know
at
this
point.
What's
going
to
happen,
I
mean
the
Dow
was
up
today,
but
as
a
percentage,
the
amount
is
so
much
lower.
L
So
we
need
to
be
together,
working
together
and
thoughtful
about
how
to
hold
up
those
who
are
most
in
pain
right
now,
while
remembering
that
we
might
have
to
make
choices
by
putting
other
people
in
our
city
family
at
risk,
by
laying
off
staff
people,
which
I
personally
thinks
the
worst
thing
I've
ever
had
to
go
through.
So
I
would
ask
our
finance
staff
and
I've
talked
to
mark
ruff
about
this.
If
we
don't
just
maybe
look
at
what
happened
during
the
financial
crisis,
how
did
we
tax
moving
forward?
L
L
I
just
want
to
make
sure
everyone
understands.
The
financial
reality
in
the
first
chart
did
look
like
that
big
of
a
deal,
but
forty
percent
loss
of
revenue
with
sales
tax
is
massive.
It
means
we
might
not
be
able
to
do
make
payments
on
our
bonds
at
the
convention
center
and
the
Target
Center
forget
about
giving
the
Viking
Stadium
any
money.
That's
in
the
waterfall.
By
the
way,
we
should
be
backing
off
of
what
we're
doing
and
re
thinking.
L
M
Thank
You
mr.
chair
I
have
two
questions
for
staff.
One
is
around
the
the
impact
of
a
potential
federal
stimulus
or
Support
Package
for
the
American
people.
Do
you,
as
my
staff
right
now,
given
the
information
that's
available,
do
you
have
any
projections
about
what
that
could
be
in
terms
of
how
much
support
would
would
that
bring
to
our
local
community
and
whether
that
would
have
an
impact
on
some
of
our
projections.
G
So
mr.
Gerron
councilmember
conner,
that's
a
good
question.
We
we
have
not
done
that
analysis
yet,
but
we
will
certainly
add
that
to
our
list.
I
think
that
you
know
one
of
one
of
the
challenges
is
dollars
dollars
going
to
an
individual
or
a
very
good
start,
but
if
that
individual
then
can't
go
to
a
business
to
spend
them
because
of
the
social
distancing
and
that
that
poses
a
little
bit
of
a
challenge
to
the
dollars
then
circulating
through
the
economy.
But
we
can.
M
You
appreciate
that
my
other
questions
about
you
know.
Typically,
under
a
non-emergency
situation,
there's
been
a
pretty
predictable
timeframe
and
process
for
how
the
city
puts
together
the
budget,
where
there's
ample
opportunity
for
residents
mm-hmm
and
for
for
the
voting
populace
to
chime
in
on
what
they
think
our
priorities
should
be
I.
Think
in
the
past
we
even
flirted
the
idea
of
you
know
this
participatory
budgeting
system
I'm
not
quite
sure
where
that
is
because
that
was
not
one
of
my
projects.
M
But
my
point
really
is
about
what
is
the
anticipated
sort
of
process
and
timeframe
for
putting
together
the
budget
this
year?
Do
we
anticipate
the
same
kind
of
mechanisms
to
kick
in
where
you
know
the
mayor
puts
it
together
by
a
certain
time
and
then
there's
a
budget
address,
and
then
the
council
tackles
it
and
and
I
guess
I
would
say
it's
more
about
like
this
moving
target
of
when
this
uncertainty.
M
When
do
we
not
have
the
luxury
to
continue
to
play
with
uncertainty?
When
do
we
start?
Actually,
you
know
we
have
to
make
decisions,
because
we
know
that
things
can
change
month
to
month,
but
we're
I.
Don't
know
if
we
can
essentially
treat
the
budget
as
like
a
document
that's
going
to
change
month
to
month,
all
the
way
up
until
December
and
so
I'm
just
trying
to
get
a
sense
from
from
you
and
and
your
leadership
team
about
sort
of
the
the
certainty
that
we
can
have
we're.
G
G
I
know
that
in
past
years
and
this
this
predates
my
time
but
the
the
history
that
I
understand
that
the
city
is
there.
There
have
been
cases,
particularly
in
the
early
2000s
when
there
was
economic
uncertainty
at
that
time
and
some
LGA
on
allotments
that
that
necessitated
at
the
time
sort
of
a
budget
waterfall.
So
if
this
happens,
we
will
go
with
option
a.
If
then,
the
next
thing
happens.
G
G
The
the
uncertainty
that
is
created
and
staff
can
be
hard,
and
we
want
to
avoid
that
to
the
extent
possible,
so
what
we
will
be
doing
as
as
a
Budget
Office
and
our
finance
leadership
is
bringing
trying
to
bring
a
comprehensive
set
of
options
to
policymakers
so
that
you
can
sort
of
see,
see
a
scale
of
what
the
reality
might
be
and
I
think
with
respect
to.
When
does
uncertainty?
G
End
I,
don't
know
right
now
and
I
can't
I
can't
put
a
timeframe
on
it,
but
I
think
that
the
way
that
we
will
help
you
deal
with
that
uncertainty
is
to
bring
multiple
scenarios
so
that
you
know
it's
not
the
the
metaphor:
I
keep
coming
back
to
and
I've
been
hearing
from
our
state
leaders.
Is
it's
a
dial?
It's
not
a
switch
and
I
think
that
that's
that's
the
right
way
for
us
to
to
think
about
responding
in
the
face
of
all
of
this
uncertainty.
M
Thank
you
for
that.
Yeah
I
can
almost
envision
us,
you
know
every
quarter,
you
know
it's
like
this
is
this.
Is
the
budget
we
would
approve?
You
know
if,
like
the
whole
year,
was
this
quarter
and-
and
it
really
does
I
understand
that
it
will
fluctuate
a
lot
depending
on
how
the
federal
government
in
the
state
government
respond
to
the
the
situation
and
and
we've
we've
heard
that
we
should
anticipate
waves
of
five
months.
M
So
for
five
months
we
might
be
in
social
isolation
and
then
there
might
be
a
small
period
of
time
where
we
kind
of
try
to
get
back
into
the
groove,
and
then
we
might
have
to
hit
that
five
month
mark
again
because
of
a
resurfacing
of
the
virus
until
we
can
reach
a
herd.
Immunity.
And
of
course
that
really
depends
on
when
the
vaccine
is
is
released
to
the
public
and
I
understand
they
have
to
make
the
vaccine
first.
M
The
people
who
pay
taxes,
the
people
who
own
homes
and
who
rent
in
our
neighborhoods
and
so
I
think
it's
really
important
that
as
we
talk
about
this
budget,
we
also
talk
about
how
we,
as
a
local
community
in
charge
of
our
local
dollars,
are
able
to
continue
to
relay
that
message
of
investing
in
our
local
businesses
continuing
to
be
their
patrons
and
encourage
others
to
do
the
same
by
using
our
newsletters.
To
share
that
message
by
highlighting
some
of
those
businesses
in
our
social
media.
M
It
just
continuing
to
ask
people
to
you:
can
do
social
distancing.
You
can
practice
that
at
home,
even
if
there's
a
shelter-in-place
ruling
where
folks
can
still
interact
using
the
Internet
and
helping
those
local
mom-and-pop
shops
and
those
neighborhood
owned
places
to
continue
to
you
know,
stay
afloat
in
the
economy
by
making
sure
that
we're
supporting
them
too.
Thank.
D
K
Thank
you,
I
just
wanted
to
say,
appreciate
the
comments
from
the
council
and
I
want
to
reassure
you
that
the
finance
department
we
have
been
thinking
long
and
hard
about
these
issues
and
they're
on
the
forefront
of
our
mind.
I
went
through
the
2008
2007
earlier
2000
recession.
They
know
how
difficult
it
is
to
layoff
employees.
It
is
an
incredibly
difficult
thing
to
do.
K
I
hope
to
never
have
to
do
it
again,
but
we're
in
a
different
time
and
I
like
I,
say
I
just
want
to
reassure
you
that
the
finance
department
will
be
looking
into
these.
We
are
looking
at
contracts
that
we
can.
You
know
just
pull
back
the
things
and
reprioritizing
where
our
dollars
go,
because
you
have
a
finite
pool
of
dollars.
We
need
to
make
sure
we
spend
them
where
the
council
wants
to
spend
them
on
the
highest
priorities.
L
You
mr.
chair,
the
one
thing
I
didn't
say
before
that
I
wanted
to
note
is:
we've
received
so
much
more
support
from
the
state
of
Minnesota
than
we
did
last
time.
It's
really
notable
to
me
and
I
think
it
needs
to
be
said
out
loud
I
forget
I'm,
not
just
sitting
in
my
house
talking
to
you,
my
colleagues
and
friends,
but
other
people
might
see
this
as
well
and
I.
Think
it's
really
impossible
to
quantify
the
quality
of
help
from
the
got
this
governor
and
lieutenant
governor
and
administration.
L
It's
it's
like
I'm
shocked
by
an
actually
because
we
were
so
used
to
the
opposite.
I
mean
I
was
here
when
they
slashed
our
local
government
aid.
I
think
it
was
like
50
or
60
million
dollars
in
those
times,
which
was
even,
would
he
be
even
more
now
so
we
I
don't
want
to
speak
to
the
federal
government.
L
L
I
feel
like
we're
more
knowledgeable,
all
of
us
collectively
because
we've
been
through
this
before,
and
that
the
state's
really
there
to
back
us
up
in
the
leadership
and
all
of
the
people
that
have
worked
within
the
department
who
have
been
helpful
so
I
just
want
to
point
out
there
are.
There
are
many
bright
and
shining
stars
of
people
in
government
staff
working
on
this.
That's
a
very
notable
difference.
H
G
A
Thank
you,
everyone
I,
don't
see
anyone
else
in
queue,
so
I'll
just
make
a
couple
of
closing
comments,
and
if
anybody
has
any
final
questions
or
comments
they
wanted
to
get
in,
please
do
get
in
queue.
I
think
we're
all
taking
this
very
seriously
and
I
I
won't
speak
for
everybody
else,
but
I
know
everybody's
having
similar
experiences
around
their
wards.
A
It
is
going
to
take
all
of
us.
You
know
working
together
to
work
through,
and
we
know
we're
going
to
need,
support
at
every
level
of
government
and
at
every
level
of
community
and
philanthropy
and
and
everything
else
to
make
this
work.
I
think
one
of
the
things
that
I'm
most
proud
of
about
our
city
is
that
we
care
about
people
and
that
we
act
in
the
public
good
and
that
we
are
acting
in
the
interest
of
public
health,
and
that
comes
at
a
cost
and
it
is
not.
A
I
think
this
is
critically
important
that
we
all
have
in
our
minds
an
awareness
that
we
are
making
sacrifices
and
that
those
sacrifices
are
going
to
come
due
and
that
we
need
to
be
incredibly
thoughtful
about
it
because,
as
councilmember
Goodman
reminded
us,
we
are
talking
about
people
when
we
let
businesses
fail.
We
are
talking
about
people
when
we
look
at
adjusting
our
own
city
budget.
We
are
talking
about
people
and
it's
critically
important
that
we
keep
our
focus
on
that
through
this
committee
and
through
all
of
our
council
work
and
I.
A
Think
it's
evidence
of
that
that
everybody
took
so
long
to
really
dig
into
this
today
that
so
many
people
who
aren't
on
the
committee
joined
us
and
are
paying
attention
and
I'm
grateful
to
everybody
who
contributed
to
this
conversation
and
and
who's
paying
attention
and
who
is
doing
their
part
for
this
community.
So
with
that
I,
don't
see
anybody
else
in
queue.
So
we
have
completed
this
agenda.
I'll
instruct
the
clerk
to
receive
and
file
this
report
and
we
are
adjourned.
Thank
you.
Everybody
thank.