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Home My WebLink About2-9-2026 City Council Conference Meeting February 9, 2026 at 5:30 p.m. 7071 University Avenue NE Agenda 1. Finance Update – 2025 Preliminary Year-End & Proposed 2027 Budget Calendar 2.Met Council L32A Lift Station Update 3.Commons Park Rental Fees and Guidelines Accessibility Notice: If you need free interpretation or translation assistance, please contact City staff. Si necesita ayuda de interpretación o traducción gratis, comuníquese con el personal de la ciudad. Yog tias koj xav tau kev pab txhais lus los sis txhais ntaub ntawv dawb, ces thov tiv tauj rau Lub Nroog cove neeg ua hauj lwm. Haddii aad u baahan tahay tarjumaad bilaash ah ama kaalmo tarjumaad, fadlan la xiriir shaqaalaha Magaalada. Upon request, accommodation will be provided to allow individuals with disabilities to participate in any City of Fridley services, programs or activities. Hearing impaired persons who need an interpreter or other persons who require auxiliary aids should contact CityClerk@FridleyMN.gov or (763) 572-3450. AGENDA REPORT Meeting Date: February 9, 2026 Meeting Type:City Council Conference Submitted By:Joe Starks, Finance Director Title: Finance Update – 2025 Preliminary Year-End & Proposed 2027 Budget Calendar Background A preliminary year-end financial update will be provided. This is unaudited and the numbers will change as the City works through the year-end process. Additionally, the 2027 Budget development process will soon begin and the Proposed 2027 Budget calendar is included. Recommendation Attachments and Other Resources 1.December 2025 YTD Financial Update 2.December 2025 YTD Liquor Store Income Statement 3.December 2025 YTD Investment Summary 4.2027 Budget Calendar Vision Statement We believe Fridley will be a safe, vibrant, friendly, and stable home for families and businesses. For the fiscal period ending 12/31/2025 % of Year Remaining: 0% Revenues 2025 Current Budget2025 YTD Actual2025 Balance% RemainingNote2024 YTD Actual25 vs. 24 YTD General Fund - 101$ 25,018,800$ 23,621,158$ 1,397,6426%$ 23,940,380$ (319,223) Cable TV Fund - 225$ 260,000$ 151,639 $ 108,36142%C/G$ 347,534$ (195,895) Solid Waste Abatement - 237$ 587,500$ 508,450 $ 79,05013%D/G$ 550,289$ (41,838) Police Activity Fund - 260$ 226,000$ 209,041 $ 16,9598%E/G$ 211,489$ (2,448) SNC Fund - 270$ 810,500$ 877,664 $ (67,164) -8%G$ 775,455$ 102,209 Water Utility Fund - 601$ 8,211,200$ 4,735,477$ 3,475,72342%D/G/H$ 5,447,043$ (711,566) Sewer Utility Fund - 602$ 7,941,500$ 6,549,229$ 1,392,27118%D/G$ 9,268,778$ (2,719,549) Storm Water Utility Fund - 603$ 3,940,400$ 1,879,550$ 2,060,85052%D/G/J$ 2,918,761$ (1,039,211) Liquor Fund - 609$ 6,422,400$ 5,838,498$ 583,9029%G$ 6,121,788$ (283,289) TOTAL REVENUES$ 53,418,300$ 44,370,706$ 9,047,59417%$ 49,581,516$ (5,210,810) Expenditures 2025 Current Budget2025 YTD Actual2025 Balance% RemainingNote2024 YTD Actual25 vs. 24 YTD General Fund - 101$ 25,018,800$ 23,789,768$ 1,229,0335%$ 23,051,241$ 738,527 Cable TV Fund - 225$ 442,900$ 331,348 $ 111,55225%$ 467,278$ (135,930) Solid Waste Abatement - 237$ 575,200$ 581,903 $ (6,703) -1%$ 528,553$ 53,350 Police Activity Fund - 260$ 228,200$ 216,086 $ 12,1145%$ 203,490$ 12,596 SNC Fund - 270$ 794,100$ 790,147 $ 3,9530%$ 749,705$ 40,442 Water Utility Fund - 601$ 10,694,000$ 4,565,562$ 6,128,43857%H/I/K$ 3,532,691$ 1,032,871 Sewer Utility Fund - 602$ 9,071,800$ 8,373,469$ 698,3318%I/K$ 7,105,055$ 1,268,413 Storm Water Utility Fund - 603$ 4,629,600$ 3,309,912$ 1,319,68829%I/K$ 1,574,743$ 1,735,169 Liquor Fund - 609$ 6,496,000$ 6,061,469$ 434,5317%K$ 6,248,993$ (187,525) TOTAL EXPENDITURES$ 57,950,600$ 48,019,663$ 9,930,93717%$ 43,461,750$ 4,557,914 GENERAL FUND GF Revenue Types 2025 Current Budget2025 YTD Actual2025 Balance% RemainingNote2024 YTD Actual25 vs. 24 YTD Taxes$ 16,118,300$ 15,647,782$ 470,5183%A$ 14,786,583$ 861,200 Special Assessments$ 99,000$ 37,685 $ 61,31562%B$ 74,639$ (36,954) Licenses and Permits$ 1,177,600$ 1,168,030$ 9,5701%F$ 860,951$ 307,079 Intergovernmental$ 3,471,000$ 3,014,647$ 456,35313%F$ 3,281,953$ (267,306) Charges for Services$ 3,069,900$ 2,903,577$ 166,3235%$ 3,077,305$ (173,728) Fines and Forfeitures$ 152,000$ 141,917$ 10,0837%$ 150,309$ (8,392) Miscellaneous$ 364,100$ 125,020$ 239,08066%G$ 866,304$ (741,285) Other Financing Sources$ 566,900$ 582,500 $ (15,600) -3%$ 842,337$ (259,837) TOTAL GF REVENUES$ 25,018,800$ 23,621,158$ 1,397,6426%$ 23,940,380$ (319,223) GF Dept. Expenditures 2025 Current Budget2025 YTD Actual2025 Balance% RemainingNote2024 YTD Actual25 vs. 24 YTD Legislative$ 208,400$ 172,492 $ 35,90817%$ 183,137$ (10,644) City Management$ 2,686,800$ 2,315,794$ 371,00614%$ 2,475,936$ (160,142) Finance$ 2,030,100$ 1,916,465$ 113,6356%$ 2,043,169$ (126,703) Public Safety$ 11,961,400$ 11,477,587$ 483,8134%$ 11,038,660$ 438,926 Public Works$ 5,278,500$ 5,307,784$ (29,284)-1%$ 4,743,794$ 563,990 Parks & Recreation$ 1,009,000$ 937,733$ 71,2677%$ 899,249$ 38,484 Community Development$ 1,844,600$ 1,661,912$ 182,68810%$ 1,667,296$ (5,384) TOTAL GF EXPENDITURES$ 25,018,800$ 23,789,768$ 1,229,0335%$ 23,051,241$ 738,527 Notes: A - January 2026 short settlement still to be accrued back to 2025. 2025 will be under budget due to tax court settlements. B - Awaiting year-end special assessment figures from Anoka County. C - Awaiting 4th Qtr. cable franchise fee payment. D - Additional utility billing revenue for quarterly bills in 2026 to be accrued back to 2025. E - Awaiting additional reimbursement revenue. F - Awaiting receipt of tree removal grant reimbursement request from the State. G - Year-End investment income allocation process to be completed. (including unrealized gain) H - Locke Park WTP GAC project to begin in 2026, no revenue/expense in 2025. I - Interfund loan/debt service obligations budgeted for debt service coverage on fund's financial statements but payments appear on balance sheet. J - Awaiting additional grant reimbursement revenue for Syvlan Hills watershed grant. K - Year-End capitalization process to be completed. Liquor Store #1 - Fridley Market Category202320242025 Sales 5,183,708 5,034,626 4,873,518 Cost of Sales 3,658,959 3,614,704 3,430,769 Gross Profit ($) 1,524,749 1,419,923 1,442,749 Gross Profit (%)29.41%28.20%29.60% Operating Expenses 1,149,363 1,200,551 1,218,974 Income/Loss 375,386 219,372 223,775 Nonoperating Revenues 66,978 59,717 (11,624) Nonoperating Expenses 42,370 35,777 50,690 Net Profit/Loss 399,993 243,312 161,461 Transfer278,500 328,500 328,500 Liquor Store #2 - Hwy. 65 20242025 Category2023 Sales1,046,5111,024,834976,604 Cost of Sales 784,605 780,389 722,006 Gross Profit ($)261,906244,445 254,597 Gross Profit (%)25.03%23.85%26.07% Operating Expenses 200,986 201,744 195,896 Income/Loss 60,920 42,701 58,701 Nonoperating Revenues 19 - - Nonoperating Expenses - - 54,632 * Net Profit/Loss 60,939 42,701 4,069 Transfer 60,000 60,000 60,000 Liquor Stores - Combined Category202320242025 Sales 6,230,218 6,059,461 5,850,122 Cost of Sales 4,443,564 4,395,093 4,152,775 Gross Profit ($) 1,786,655 1,664,368 1,697,347 Gross Profit (%)28.68%27.47%29.01% Operating Expenses 1,350,349 1,402,295 1,414,871 Income/Loss 436,306 262,073 282,476 Nonoperating Revenues 66,997 59,717 (11,624) Nonoperating Expenses 42,370 35,777 105,323 * Net Profit/Loss 460,932 286,013 165,530 Transfer 338,500 388,500 388,500 * Server/security cameras will be capitalized at year-end and depreciated over useful life 2027 Budget Calendar City of Fridley, Minnesota DateActivityResponsible PartyForum or Meeting March 2Budget Kickoff Meeting 1Finance Director March 2Information Technology Project Request Form sent to Departments.Finance Director/IT Manager March 31Information Technology Project Request Forms due to the Finance Department.Department Directors April 1Capital Investment Program (CIP) Entry Opened for Department ContactsFinance Director April 30CIP Requests and Changes Entry Deadline in Plan ItDepartment Directors April 25Annual Town Hall MeetingDepartment Directors/City ManagerTown Hall April 27Local Board of Appeal and Equalization MeetingAssessing ManagerConference Meeting April 27"Outlook and Objectives" Review with City Council.Finance DirectorConference Meeting June 1Budget Kickoff Meeting 2Finance Director June 1Proposed 2027 Budget Instructions, New Request Forms and Targets released to DepartmentsFinance Director June 8Review 2025 Audit with City CouncilFinance DirectorCity Council Meeting June 30New Budget Request Forms and changes due to Finance Department.Department Directors July 13Discuss Proposed 2027-2031 CIP with City Council.Finance DirectorConference Meeting Week of July 13Department Meetings with the City Manager to review new budget requests and changes.Department Directors/City Manager July 27Discuss Proposed 2027-2031 CIP and 2027 Budget Discussion with City CouncilFinance DirectorConference Meeting July 30Proposed 2026-2030 CIP submitted to Anoka County for review and comment.Finance Director August 1Minnesota Department of Revenue notifies City of State Aid amounts.Finance Director August 10Discuss Property Tax Levy Scenarios with the City Council.Finance DirectorConference Meeting August 24Discuss Property Tax Levy Scenarios with the City Council.Finance DirectorConference Meeting September 3HRA Board approves Preliminary/Final Housing and Redevelopment Authority (HRA) Property Tax Levy.HRAHRA Meeting September 14Adopt Proposed 2027 Property Tax Levy and Budget, and announce Public Meeting (Truth-in-Taxation) date.City CouncilCity Council Meeting September 14Adopt Final HRA Property Tax Levy.City CouncilCity Council Meeting September 28Discuss the Proposed 2027 Utility Rates and Fees (Water, Sewer, Storm Water and Recycling) with City Council.Finance DirectorConference Meeting September 30Proposed Property Tax Levy submitted to Anoka CountyFinance Director September 30Final HRA Property Tax Levy submitted to Anoka CountyFinance Director October 12Discuss the Proposed 2027 Utility Rates and Fees (Water, Sewer, Storm Water and Recycling) with City Council.Finance DirectorConference Meeting October 16All Final, Proposed 2027 Budget, including CIP, changes and revisions due to Finance Department.Department Directors Week of Oct. 19Department Meetings with the City Manager to review new budget requests and changes, if needed.Department Directors October 26Adopt the 2027 Utility Rates and Fees (Water, Sewer, Storm Water and Recycling).Finance DirectorCity Council Meeting November 5Discuss Proposed 2026 HRA BudgetFinance DirectorHRA Meeting November 9Discuss 2027 Budget, including CIP, with City Council (if needed).Finance DirectorConference Meeting November 10Anoka County sends parcel-specific, estimated tax estimates to taxpayers, due to taxpayers by November 24.Anoka County November 23Discuss 2027 Budget, including CIP, with City Council (if needed).Finance DirectorConference Meeting December 3Adopt 2027 HRA BudgetFinance DirectorHRA Meeting December 14Hold Public Meeting (Truth-in-Taxation) on Proposed 2027 Budget and Property Tax Levy.City CouncilCity Council Meeting December 21Adopt 2027 Budget, 2027-2031 CIP, 2027 Property Tax Levy.City CouncilCity Council Meeting December 28Submit Final 2027 Property Tax Levy certified to Anoka County (and Form TNT).Finance Director Please note that the Proposed 2027 Budget Calendar may change based on the direction of the City Council and/or City Manager. AGENDA REPORT Meeting Date: February 9, 2026 Meeting Type:City Council Conference Submitted By:James Kosluchar, Public Works Director Title: Met Council L32A Lift Station Update Background Staff will provide an update on the proposed Metropolitan Council L32A lift station. Recommendation This item is for information and discussion with no recommended action. Attachments and Other Resources Vision Statement We believe Fridley will be a safe, vibrant, friendly, and stable home for families and businesses. AGENDA REPORT Meeting Date: February 9, 2026 Meeting Type:City Council Conference Submitted By:Mike Maher, Parks and Recreation Director Title: Commons Park Rental Fees and Guidelines Background Commons Park is scheduled to open in the summer of 2026. The improved park features a recreation building with rentable activity rooms and several open-air shelters that will be available to reserve by the public. The attached policy document is a proposed final draft with fees and use guidelines that was developed by staff and informed by the City of Fridley’s other rental amenities within the park system. These guidelines were reviewed and endorsed by the Parks and Recreation Commission at their December 2025 meeting. Recommendation Staff recommends the Council provide input on the proposed Commons Park Rental Fees and Guidelines. Attachments and Other Resources 1.Commons Park Rental Fees and Guidelines FINAL DRAFT Vision Statement We believe Fridley will be a safe, vibrant, friendly, and stable home for families and businesses.