## Richfield City Council Agenda August 12, 2026 -- 4:45 PM ## Richfield Municipal Center ## Bartholomew Conference Room ## 6700 Portland Avenue South 1. Call to Order ## 2. Item Discussion a. Preview the preliminary 2027 Budget and provide long-term financial planning update as summarized in the Financial Management Plan (FMP). Preview proposed utility rates, proposed City fees and the proposed 2027 Capital Improvement Budget (CIB) and 2028- 2031 Capital Improvement Plan (CIP). 3. Adjournment Auxiliary aids for individuals with disabilities are available upon request. Requests must be made at least 96 hours in advance to the City Clerk at 612-861-9739. Includes Materials - Materials relating to these agenda items can be found in the Council Chambers Agenda Packet book located by the entrance. The complete Council Agenda Packet is available electronically on the City of Richfield website. Page 1 of 220 ## City Council Meeting 8/12/2026 ## Agenda Section: Item Discussion Agenda Item: 2.a. ## Report Prepared By: ## Steve McDaniel, Budget, Cash, and Debt Manager ## Department Director: ## Mary Bogie, Interim Finance Director ## Item for Consideration: Preview the preliminary 2027 Budget and provide long-term financial planning update as summarized in the Financial Management Plan (FMP). Preview proposed utility rates, proposed City fees and the proposed 2027 Capital Improvement Budget (CIB) and 2028-2031 Capital Improvement Plan (CIP). ## EXECUTIVE SUMMARY Ehlers will present a new long-term Financial Management Plan (FMP). The FMP is a multi-year fiscal plan for all tax-supported funds. Tax-supported funds include the City's ## General Fund, Economic Development Authority General Fund, Housing and ## Redevelopment Authority General Fund, Local Option Sales Tax, Communications, Utility Franchise Fees, Ice Arena, Swimming Pool, Capital Improvements, Parks Capital, Central Garage, Information Technology, Self Insurance, Building Services, and all Debt Service Funds. The presentation will include an overview on some of these tax- supported funds. Staff will present a high-level overview of the preliminary budget, utility rates and fee increases in order to seek council feedback in finalizing the proposed 2026 Revised and 2027 Proposed budgets, which will be presented in more detail on August 25. Staff is also seeking feedback on the proposed 2027 CIB and 2028-2031 CIP. Both the operating and capital budgets will determine the preliminary levy, which is scheduled to be considered by City Council on September 22, 2026. The City must certify its preliminary property tax levy for payable year 2027 to the County Auditor and set a date for its Truth in Taxation public meeting on or before September 30, 2026. Once the preliminary levy is approved, it may be further reduced at a later City Council meeting, but it legally cannot be increased over the preliminary approved amount. City Council is scheduled to conduct a Truth in Taxation hearing on Dece…

--- ## title: 2026-08-12 Draft Work Session Minutes ## author: Justin LaRue date: D:20260821162056-05'00' --- ## Richfield City Council Work Session Minutes August 12, 2026 ## Richfield Municipal Center ## Bartholomew Conference Room ## 6700 Portland Avenue South 1. ## Call to Order The meeting was called to order by Mayor Supple at 04:49 PM in the Bartholomew Conference Room. Council Present: Mary Supple, Walter Burk, Sharon Christensen, Sean Hayford Oleary, and Rori Coleman- Woods. ## S taff Present: Katie Rodriguez, City Manager; Steve McDaniel, Budget, Debt, and Cash Manager; Kristi n ## A sher, Public Works Director; Joe Powers, City Engineer; Karl Huemiller, Recreation Services Director; Lis a ## P aradise, Assistant Finance Director; Jay Henthorne, Public Safety Director; Chris Fierst, Liquor Operations Manager; Sack Thongvahn, Assistant City Manager; Mary Bogie, Finance Director; Melissa Poehlman, Community Development Director; Andrew Spear, IT Manager; Courtney DesCamps, Senior Analyst; and Kate Croteau, Human Resources Director. Guest Presenters: Rebecca Kurtz, Ehlers, Inc. 2. ## Item Discussion a. Preview the preliminary 2027 Budget and provide long-term financial planning update as summarized in the Financial Management Plan (FMP). Preview proposed utility rates, proposed City fees and the proposed 2027 Capital Improvement Budget (CIB) and 2028-2031 Capita l ## I mprovement Plan (CIP). City Manager Rodriguez provided an overview of the work session. Budget, Cash, and Debt Manager Steve McDaniel then reviewed the Financial Management Plan (FMP) and introduced Rebecca Kurtz of Ehlers, Inc., who presented the City’s long-term financial projections. The proposed 2027 levy is $33,193,791, a 4.54% increase over 2026. Council discussed the projected property tax impact, including changes in residential and commercial property values. The City Council asked questions regarding the projected increases and calculati on m ethodology. The FMP presentation concluded at 5:58 p.m. Council recessed and reconvened at 6:08 p.m. Mr. McDaniel provided an update on the preliminary 2027 budget, with additional department- level details to be presented at the next work session. Staff also reviewed proposed 2027 City fee changes, including adj ustments to development and inspection fees, business licenses, Public Works fees, and Recreati on ## S ervices fees. Staff presented the 2027 utility update and the proposed 2027 Capital Improvement Budget (CIB) and 2028 -2031 Capital Improvement Plan (CIP). The 2027 CIB totals approximately $26.4 million a nd i ncludes investments in parks and recreation, transportation, utilities, facilities, fleet, and technology. Council provided feedback on the proposed levy increase and expressed support for proceeding wit h s taff’s recommendation. Staff also discussed the remaining budget process, including the Truth i n Taxation hearing and certification of the final levy in December. 3. ## Adjournment The work session adj…