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11-12-2025 (Budget Workshop - Enterprise Funds)HUTCHINSON CITY COUNCIL REVIEW OF 2026 ENTERPRISE FUND BUDGETS MINUTES TUESDAY, NOVEMBER 12, 2025, AT 4:00 PM CITY CENTER — COUNCIL CHAMBERS 1. Call to Order Mayor Forcier called the workshop to order at 4:00 p.m. Members present included Chad Czmowski, Pat May, Tim Burley and Dave Sebesta. Others present were: Matt Jaunich, City Administrator and other city directors and managers. REVIEW OF 2026 ENTERPRISE FUND BUDGETS Matt Jaunich, City Administrator, spoke before the Council. Mr. Jaunich noted that a review of the following preliminary budgets will be held at today's workshop: Liquor Hutch, Creekside, Refuse/Garbage, Water/Wastewater/Storm Water. In addition, there will be a review of the local sales tax option and the enterprise fund transfers to the general fund. 2. Liquor Hutch Budget Matt Jaunich, City Administrator, presented before the Council. Mr. Jaunich reviewed the proposed budget for 2026 which sees a 3.5% decrease in sales revenue over the 2026 forecasted sales. Staff is budgeting a 1% increase in sales revenue over the 2025 budgeted sales. 2025 sales are down 2.5% and the customer count is down 1.9%. These trends are following national trends in the liquor industry. THC sales did increase over the last year. Proposed expenses for 2026 have decreased 3.6%. The transfer to the general fund is budgeted at $550,000. Capital projects include a new refrigeration system for an import/craft beer cooler. Mr. Jaunich also provided a 10-year liquor fund forecast. Creekside Budget Mr. Jaunich explained that Creekside's 2026 budget includes a 15.2% increase in revenue. Sales revenue for bagged product is budgeted at an increase from 2025 based on increased sales from one of the larger customers. Sales revenue for bulk product is budgeted at a 131.1% increase from 2025 due to the availability of bitcon. Total expenses are budgeted at an increase of 6.0%. Capital projects include a wheel loader replacement and a live bottom trailer. The transfer to the general fund is budgeted at $125,000. The ending cash balance for Creekside is budgeted at $2,685,385. Mr. Jaunich also provided a 10-year compost fund forecast. Refuse/Garbage Budget Mr. Jaunich noted that the refuse/garbage budget sees an increase in revenue of 4.9% from 2025. This includes a 5% rate increase for all refuse rates, which is the third of five proposed rate increases. Expenses for the refuse/garbage budget will see an increase of 6.8% for 2026. There is a $55,000 transfer that goes out to the tree disease infestation/mitigation fund. Capital purchases include a skid steer loader replacement. Mr. Jaunich provided an overview of the Spring/Fall white goods pick up related to costs to the City for the program. Due to increases in landfill and hauling costs, the program itself has obviously increased, which is also part of the reason refuse rates are increasing. The proposed cost for 2026 is just over $43,000. Staff did draft options the Council could consider on how to administer the program to save costs. This program is paid for by user fees of refuse customers. The ending cash balance for the refuse fund is budgeted at $778,813. Mr. Jaunich also provided a 10-year refuse fund forecast. Water Fund Budget Mr. Jaunich explained that the Water Fund budget shows a -14.1% decrease in total revenue for 2026. The 2026 budget does not include an increase in water rates, however rates may need to be adjusted in 2027 or 2028. The rate adjustment likely will be a right -sizing of the City's base rate and consumption rate, with a net neutral or small impact to the customer. Reduced debt levels and the end of the local sales tax revenue are the main factors for the change. Water fund expenses are budgeted at a -20.6% decrease. Capital improvement projects included are water meter replacements, Well 5 rehabilitation and recovery treatment, compressor replacement, plant optimization study phase 3, forklift replacement, fire ladder truck funding and roadway infrastructure improvements. Transfer to the general fund will increase to $110,000 for 2026. The ending cash balance for the water fund budget is budgeted at $4,732,607. Mr. Jaunich provided a 10-year water fund forecast. Wastewater Fund Budget Mr. Jaunich explained that the wastewater fund budget sees a 69.1% increase in revenues for 2026. The 2026 budget does not include an increase to the wastewater, however rates may need to be adjusted in 2027 or 2028. The rate adjustment likely will be a right -sizing of the City's base rate and consumption rate, with a net neutral or small impact to the customer. Reduced debt levels and the end of the local sales tax revenue are the main factors for the change. Local sales tax revenue is being allocated more heavily to Wastewater in 2026 due to the significant decrease in the Water fund's debt service in 2026. Miscellaneous Revenue includes an assumption for new debt of $2,880,000 to help fund the Biosolid capital improvement project. Total expenses have a budgeted increase of 12.4%. Capital improvement projects included are year 2 of 3 of the Biosolids project, clarifier rake mechanism & drive replacement, clarifier dome replacement, MBR fine bubble diffuser system replacement, replace solar field inverters, sewer lining, fire ladder truck funding and roadway infrastructure improvements. The wastewater fund budget has an ending cash balance budgeted at $7,470,126. Mr. Jaunich provided a 10-year wastewater fund forecast. Local Option Sales Tax Mr. Jaunich reviewed the local option sales tax program and the purpose of it which is dedicated solely to retiring the debt in water and sewer funds and expires after 2026. Mr. Jaunich provided quick facts in reference to local option sales tax, which included: local sales tax on a $100 purchase amounts to $.050; local sales tax is applicable to the same retail purchases subject to Minnesota sales tax; sale of vehicles by dealers are exempt and instead are subject to an excise fee of $20 per vehicle sold; local sales tax is applicable to any sale made within city limits as determined by the last four digits of your zip code; point of possession determines taxability; purchases item/service received/performed within city limits is subject to the local sales tax; purchased items/service is received/performed outside city limits is exempt from local sales tax; organizations exempt from paying state sales tax are also exempt from the local sales tax. Mr. Jaunich noted that the use tax process is applicable so if a purchase is taxable but the vendor did not charge sales tax, then use tax must be reported and paid to the State. Mr. Jaunich also reviewed other nearby cities with local option sales tax. Mr. Jaunich reviewed the purpose of the current local option sales tax and what happens when the tax ends. Mr. Jaunich noted that the state moratorium on local sales taxes expired on May 31, 2025, and cities may submit requests to the legislature during the 2026 legislative session. No changes to the previous local option sales tax process were made. Local option sales taxes can only be used for "regionally significant" capital projects. State law limits these projects to "a single building or structure, including associated infrastructure needed to safely access or use the building or structure; improvements within a single park or named recreation area; or a contiguous trail". Mr. Jaunich noted that in recent years, several of the requests were modified to exclude road and other infrastructure projects on the basis that those projects are not "regionally significant" and can be financed at least in part with other revenue sources. Mr. Jaunich reviewed the steps that need to be taken to renew a sales tax. The steps include adopt a resolution, submit the resolution and supporting materials to state tax committees, get legislative authorization, adopt a resolution, hold a referendum and pass an ordinance. Stormwater Fund Budget Mr. Jaunich explained that total revenue in the stormwater fund budget is seeing an increase of 6.2%. There is a planned rate increase of 8% over nine classifications. This increase is needed due to increasing improvement and maintenance costs and large capital items. The $50,000 transfer -in in 2025 was from the refuse fund for its share of a new leaf vacuum that was purchased. Expenses are budgeted at a 1.6% increase. City's leaf vacuuming program is accounted for in this fund and street sweeping is also funded by this account. Capital improvement projects included for 2026 include Summerset pond cleaning, Holtz stormwater pond planning/design, tractor with tracks and roadway infrastructure improvements. The ending cash balance in the stormwater fund is budgeted at $1,097,929 for 2026. Mr. Jaunich provided a 10-year stormwater fund forecast. Lastly, Mr. Jaunich provided an overview on enterprise fund transfers to the general fund. Mr. Jaunich noted that the liquor fund continues to do well. 2026 sees the third rate increase in a series of five in garbage rates. Water and sewer user rates will have to be revisited when the sales tax ends. There is an 8% increase in the stormwater fees. Enterprise fund transfers into the general fund account for about 5.5% of general fund revenue. Cash balances continue to remain healthy. Capital needs continue to increase especially in the Creekside/Water/Sewer funds. In addition, regulatory agencies have and likely will impact future needs. 3. Adjournment Motion by Czmowski, second by Burley, to adjourn the workshop at 5:10 p.m. Motion carried unanimously. ATTEST: Gary T. Forcier Mayor Matthew Jaunich City Administrator