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HomeMy WebLinkAbout20090908 - SpecCCMinutes-20090831 Hastings, Minnesota City Council Special Meeting Monday, August 31, 2009 The City Council of the City of Hastings, Minnesota met in a special meeting on Monday, August 31, 2009 at 7:00 PM in the Community Room at the Hastings City Hall, 101 th East 4 Street, Hastings, Minnesota. Members Present: Mayor Hicks, City Councilmembers Alongi, Hollenbeck, Slavik, Balsanek, Nelson, Elling Schultz. Staff Present: City Administrator Dave Osberg Finance Director Char Stark Assistant Finance Director Julie Flaten Assistant City Administrator Melanie Mesko Lee 2010 Preliminary Budget Presentation Finance Director Stark presented information about the 2010 budget planning process to date. She noted that staff has met with the Finance Committee of the Council numerous times over the last few months, most recently on August 26. She provided an overview of the preliminary 2010 budget recommended by the Finance Committee and noted that this item will be on the September 8 City Council meeting. Preliminary budget must be adopted by September 15. Final budget will be adopted in December. There was discussion about the reductions proposed, ERF requests, getting into compliance with the City’s general fund balance policy. The Finance committee and staff were commended on their work to date. nd 2 Quarter Financial Report and Update on General Fund Stark provided a brief update on the most recent financial information. There was some discussion about diversity in investments. Adjournment Moved by Councilmember Alongi, seconded by Councilmember Slavik to adjourn the meeting at 7:50 p.m. 7 Ayes; Nays, none. _______________________________ _________________________ Paul J. Hicks Melanie Mesko Lee Mayor City Clerk