## City Council Conference Meeting July 13, 2026 at 5:30 p.m. ## 7071 University Avenue NE ## Agenda ## 1. IT Division Update ## 2. Finance Update - June 2026 Year-to-Date ## Accessibility Notice: If you need free interpretation or translation assistance, please contact City staff. Upon request, accommodations will be provided to allow individuals with disabilities or those needing interpretation services to participate in City of Fridley services, programs or activities. If you are in need of an interpreter or require auxiliary aids, contact the City at 763-572-3450 at least five business days in advance to ensure arrangements can be made. A solicitud, se darán adaptaciones para permitir que las personas con discapacidades o las que necesiten servicios de interpretación participen en los servicios, programas o actividades de la Ciudad de Fridley. Si necesita un intérprete o requiere ayudas auxiliares, comuníquese con la Ciudad al 763-572-3450 al menos cinco días hábiles de antelación para asegurar que se puedan hacer los arreglos. Markii la codsado, adeegyo caawimaad ah ayaa la siin doonaa dadka naafada ah ama kuwa u baahan adeegga turjumaadda si ay uga qayb qaataan adeegyada, barnaamijyada, ama hawlaha magaalada Fridley. Haddii aad u baahan tahay turjubaan ama qalabka caawiya dadka naafada ah, kala xiriir Magaalada taleefankan 763-572-3450 ugu yaraan shan maalmood oo shaqo kahor, si loo hubiyo in qabanqaabada laguu sameeyo. Raws li kev thov, yuav muaj kev pab tshwj xeeb rau cov neeg xiam oob qhab lossis cov uas xav tau kev pab txhais lus kom lawv tuaj koom tau nrog Nroog Fridley (City of Fridley service) cov kev pab cuam, cov kev kawm, los sis cov dej num sib txawv. Yog koj xav tau neeg txhais lus los sis xav tau lwm yam kev pab, thov hu rau lub Nroog ntawm 763-572-3450 kom tsis pub tsawg tshaj tsib hnub ua hauj lwm ua ntej, xwv kom peb thiaj li npaj tau rau koj raws li lub sij hawm ntawv. Page 1 of 8 ## AGENDA REPORT ## Meeting Date: July 13, 2026 ## Meeting Type: City Council Conference ## Submitted By: Joe Starks, Finance Director ## Title: IT Division Update ## Background IT staff will provide a division update with topics including the City of Fridley's cybersecurity program and planned current and future technology projects. ## Recommendation ## Attachments and Other Resources ## Vision Statement We believe Fridley will be a safe, vibrant, friendly, and stable home for families and businesses. Page 2 of 8 ## AGENDA REPORT ## Meeting Date: July 13, 2026 ## Meeting Type: City Council Conference ## Submitted By: Joe Starks, Finance Director ## Title: Finance Update - June 2026 Year-to-Date ## Background A year-to-date financial update will be provided. ## Recommendation ## Attachments and Other Resources ## 1. June 2026 YTD Financial Update ## 2. June 2026 YTD Investment Summary ## Vision Statement We believe Fridley will be a safe, vibrant, friendly, and stable home for families and businesses. Page 3 of 8 Revenues2026 Current Budget2026 YTD Actual2025 Balance% RemainingNote2025 YTD Actual26 vs. 25 YTD General Fund25,954,900$ 2,379,722$ 23,575,178$ 91%A2,943,070$ (563,348)$ Cable TV Fund214,600$ 76,476$ 138,125$ 64%B46,585$ 29,891$ Solid Waste Abatement573,200$ 272,249$ 300,951$ 53%C277,360$ (5,111)$ Police Activity Fund256,000$ 78,197$ 177,803$ 69%D97,200$ (19,003)$ SNC Fund844,400$ 124,139$ 720,261$ 85%A169,766$ (45,626)$ Water Utility Fund7,572,200$ 1,600,933$ 5,971,267$ 79%C1,783,206$ (182,274)$ Sewer Utility Fund8,180,000$ 3,420,113$ 4,759,887$ 58%C3,059,493$ 360,619$ Storm Water Utility Fund2,404,100$ 915,987$ 1,488,113$ 62%C803,750$ 112,237$ ## Liquor Fund5,970,200$ 2,212,326$ 3,757,874$ 63%2,760,405$ (548,079)$ ## TOTAL REVENUES51,969,600$ 11,080,141$ 40,889,459$ 79%11,940,835$ (860,694)$ Expenditures2026 Current Budget2026 YTD Actual2025 Balance% RemainingNote2025 YTD Actual26 vs. 25 YTD General Fund25,954,900$ 12,008,359$ 13,946,541$ 54%10,780,495$ 1,227,864$ Cable TV Fund468,300$ 257,763$ 210,537$ 45%159,711$ 98,052$ Solid Waste Abatement568,500$ 233,326$ 335,174$ 59%239,122$ (5,796)$ Police Activity Fund256,300$ 116,597$ 139,703$ 55%108,609$ 7,988$ SNC Fund815,400$ 384,242$ 431,158$ 53%400,021$ (15,779)$ Water Utility Fund15,302,300$ 2,448,361$ 12,853,939$ 84%1,982,469$ 465,892$ Sewer Utility Fund10,588,900$ 5,222,459$ 5,366,441$ 51%4,262,545$ 959,913$ Storm Water Utility Fund5,396,700$ 677,449$ 4,719,251$ 87%755,692$ (78,243)$ Liquor Fund6,146,500$ 2,345,474$ 3,801,026$ 62%2,943,253$ (597,779)$ TOTAL EXPENDITURES65,497,800$ 23,694,030$ 41,803,770$ 64%21,631,918$ 2,062,112$ ## GF Revenue Types2026 Current Budget2026 YTD Actual2025 Balance% RemainingNote 2025 YTD Actual26 vs. 25 YTD Taxes17,324,600$ -$ 17,324,600$ 100%A-$ -$ Special Assessments70,000$ -$ 70,000$ 100%A-$ -$ Licenses and Permits1,077,000$ 666,640$ 410,360$ 38%E618,573$ 48,067$ Intergovernmental2,936,600$ 452,120$ 2,484,480$ 85%F566,204$ (114,084)$ Charges for Services3,273,600$ 1,182,969$ 2,090,631$ 64%1,447,044$ (264,075)$ Fines and Forfeitures172,300$ 85,338$ 86,962$ 50%85,848$ (510)$ Miscellaneous518,300$ (184,846)$ 703,146$ 136%G(45,849)$ (138,996)$ Other Financing Sources582,500$ 177,500$ 405,000$ 70%271,250$ (93,750)$ ## TOTAL GF REVENUES25,954,900$ 2,379,722$ 23,575,178$ 91%2,943,070$ (563,348)$ ## GENERAL FUND For the fiscal period ending 6/30/2026 % of Year Remaining: 50% Page 4 of 8 ## GF Dept. Expenditures2026 Current Budget ## 2026 YTD Actual2025 Balance% RemainingNote2025 YTD Actual 26 vs. 25 YTD Legislative184,400$ 116,371$ 68,029$ 37%109,908$ 6,464$ City Management2,810,400$ 993,009$ 1,817,391$ 65%866,001$ 127,008$ Finance2,203,000$ 1,236,592$ 966,408$ 44%983,977$ 252,615$ Public Safety12,386,100$ 5,825,662$ 6,560,438$ 53%5,282,718$ 542,944$ Public Works5,493,400$ 2,706,882$ 2,786,518$ 51%2,275,725$ 431,157$ Parks & Recreation1,201,100$ 455,602$ 745,498$ 62%382,199$ 73,403$ Community Development1,676,500$ 674,241$ 1,002,259$ 60%879,967$ (205,727)$ ## TOTAL GF EXPENDITURES25,954,900$ 12,008,359$ 13,946,541$ 54%10,780,495$ 1,227,864$ ## Notes: A - 1st half property tax settlement received in July, 2nd half in December and short settlement in January, 2027. B - Cable franchise fee payments are received quarterly. C - Timing of quarterly utility bills and receipt of corresponding payments. D - Timing of reimbursement requests E - Building permit activity below F - 1st installment of State Aid and Local Government Aid received in July, 2nd in December. Police aid received in October. G - Investment income allocated at year-end, based on average cash balances, as part of year-end process. Negative amount is reversal of year-end unrealized gain/market value book entry. ## Building Permit Activity ## Year# of PermitsValuation ## 2024 YTD1,338 16,640,939$ ## 2025 YTD1,465 31,236,643$ ## 2026 YTD1,200 59,261,423$ Page 5 of 8 Page 6 of 8 Page 7 of 8 Page 8 of 8