A key item on the agenda was the consideration of Resolution 24988, pertaining to the approval of a preliminary tax levy for 2025. A representative explained the necessity of certifying the preliminary levy to the county by September 30, 2024. This levy sets the maximum amount the city can impose for the upcoming year, with the flexibility to reduce it during further budget discussions. Additionally, the Economic Development Authority (EDA) fund is set to increase by 50%, amounting to $55,000, while capital levies will see a 34.7% rise, totaling $165,000. Interestingly, the Debt Service Levy will decrease by $2,376 due to the expiration of a 2009 bond.

The council discussed the tax impacts, noting complexities such as a 43% drop in overall tax capacity, equating to a decrease of 61,776 units. While the overall city tax rate will increase by 3.44%, different property values will experience varied changes in tax amounts. Homes valued at $200,000 and above could see specific increases. The potential implications of maintaining a flat tax levy versus the proposed increase were also explored.

Further financial details revealed notable changes in general fund revenues and expenditures. The city clerk’s office budget will increase by $225,000 due to wage and benefit adjustments, and the police department will see similar increases, including the introduction of a part-time cadet position. The fire department’s budget will rise as well, attributed to increased costs for contracted services and vehicle maintenance. The council emphasized the importance of a careful budgeting process, involving department heads to determine their budgetary needs.

The council also celebrated an upgraded bond rating from Moody’s, which was raised from A3 to A2. This improved rating is projected to enable the city to secure lower interest rates for upcoming bond sales, notably benefiting the 2024 Street project.

In another notable move, the council approved a compensation study from David Drown Associates to review compensation for 11 non-union positions within the city. This study, costing $3,310, aims to ensure competitive compensation to retain and attract staff. Concerns were raised about the implications if the study’s results do not align with already settled union contracts, particularly regarding employee morale. However, the council underscored the importance of fair pay and unanimously supported the study.

The meeting also included updates on community engagement initiatives. The council discussed a dog park naming contest, which will gather name suggestions from the community, narrowed down for a public poll before the council makes a final decision. This initiative aims to foster community involvement and create a sense of ownership regarding the park.

Additionally, the council explored a “Mayor for a Day” essay contest, targeting students in fourth, fifth, and sixth grades. This contest encourages participants to write essays on what they would do if they were mayor for a day, promoting leadership and educating young residents about local government processes. Proposed guidelines follow a structure similar to those used by the League of Minnesota Cities. Prizes include signed recognition from the mayor and city administrator, display of winning essays at City Hall and the local library, publication on social media and the city website, public recognition during a city council meeting, and a $25 gift card to a local business. The council discussed promoting the contest in local schools to enhance interest and considered creating a separate category for older teenagers and young adults with special needs to ensure inclusivity.

The council also scheduled a work session on September 17, 2024, to cover three primary topics: potential extension of library hours, a rezoning initiative from the Planning Commission to align the city’s zoning map with its long-term growth vision, and the performance metrics of the Wyoming Fire Department.

Finally, council members shared various updates during their reports. One member spoke about the Planning Commission’s ongoing work related to the comprehensive plan, while another highlighted their involvement with the Minnesota Arts Legacy group and the recognition received by the local arts program. Positive feedback from residents regarding newly repainted crosswalks was also noted, with emphasis on the enhanced visibility and aesthetic appeal.