HomeMy WebLinkAboutWK-July 16, 20241685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755-5100
FAX (763) 755-8923 • WWW.ANDOVERMN.GOV
City Council Workshop
Tuesday, July 16, 2024
City Hall — Conference Rooms A & B
1. Call to Order — 6:00 p.m.
2. Discuss City Transportation System Funding — Administration
3. Other Topics
4. Adjournment
C I T Y O F
,NDOVE
1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755-5100
FAX (763) 755-8923 • WWW.ANDOVERMN.GOV
TO:
FROM:
SUBJECT:
DATE:
Mayor and Council Members
Jim Dickinson, City Administrator
Discuss City Transportation System Funding
July 16, 2024
ACTION REQUESTED
The City Council is requested to review this staff report, receive a presentation and provide directions to
staff.
DISCUSSION
Consistent with the new strategic plan, the City is to "Review and update street capital improvement
plan, including funding and implementation."
Detail analysis is in full swing relative to City streets culminating with a review of conditions and needs
of the city street system being presented by City Engineering and Public Works at the March 2024
workshop. Also at that March 2024 workshop, the City of Andover Road Rating process was reviewed
and forecasted costs were provided to the Council. Following was a review of transportation funding by
Administration/Finance, which included potential revenue sources and corresponding tax impacts.
Direction was provided for fixture workshop discussions to include analysis of assessment rates (urban
and rural), utility franchise fees, bonding options, and property tax impacts.
The April 2024 workshop discussion included analysis of assessment rates (urban and rural), utility
franchise fees, bonding options, assessment percentages and property tax impacts.
The May 2024 workshop discussion zeroed in on the transportation funding options, franchise fees were
eliminated as a funding option.
At the June 2024 workshop, again transportation funding options were discussed, focus was on funding
availability, staffing capacity to implement and Council's desired goals.
Administration/Finance/Eneineerine will be continuing the transportation funding discussion
with the Council at the July 2024 workshop meeting, focusing on the totality of fiscal impact on
residents of each funding option and walking the Council through updated proforma analysis that