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HomeMy WebLinkAbout7.a. Consideration of Work Session to Discuss Finances and Budget (2)CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION PORT AUTHORITY COMMISSION MEETING DATE: July 21, 1992 AGENDA ITEM: AGENDA SECTION: Work Session to Discuss Finance and Budget Chairperson's Report PREPARED BY: AGENDA NO. John Miller, Economic Development Coord. ITEM # ATTACHMENTS: APPROVED BY: Agenda job At the Authority's July 7 meeting, the members discussed the need for a work session to discuss finance and budget. A work session has been scheduled for 5:30 p.m. on July 28, 1992. In attendance will be Mary Dyrseth from Briggs and Morgan, Dan O'Neill from Springsted, and the City's Finance Director, Jeff May. The meeting date was established to arrange for the consultants and staff to attend. RECOMMENDED ACTION: None. Informational item only. PORT AUTHORITY ACTION: -- PROPOSED -- CITY OF ROSEMOUNT PORT AUTHORITY AGENDA JULY 28, 1992 5:30 P.M. 1. CALL TO ORDER 2. SOURCES OF REVENUE A. Tax Levy as Permitted by Law B. Bonding 1 Revenue Bonds 2. General Obligation Bonds 3. Debt Capacity C. Tax Increment Financing 1. Bonding 2. Pay -As -You -Go 3. Current Status of Development District One 3. CURRENT DEBT 4. 1992 BUDGET (REVIEW & SUMMARY) 5. 1993 BUDGET A. Possible Capital Items B. Comments On Operating Budget Requirements 6. REVIEW OF 'PROPERTY INVENTORY 7. ADJOURNMENT