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Spring Valley City Council hears audit report


Mon, Apr 2nd, 2012
Posted in Spring Valley All

“Things are in good shape.” That was the statement made by Tom Wente of Smith Schafer & Associates after he walked the Council through the latest Financial Summary for the City of Spring Valley. Wente handed out a presentation that outlined the various budget information and then went over each category.

Property Taxes are based on the annual tax levy. Tax collections totaled $741,798 and the Market Value credit was $57,445.

The Tax Increment Revenues for 2011 was $158,441 and TIF revenues are used for debt service and developer payments. In 2010 the Tax Increment Revenues totaled $171,926.

The often-mentioned LGA Revenues represents 35 percent of the City’s governmental revenues in 2011. In 2011 and 2010 the revenues totaled $797,702.

The Governmental Fund Revenues remained at virtually the same level they were in 2010, nearly $800,000.

On the Expenditures side the numbers dropped from last year. In 2010, expenditures totaled $199,923 compared to 2011 of $190,325. These numbers reflect costs attributed to Mayor and Council, elections, administration and finance, legal, employee safety, planning and zoning and municipal building. The expenditures decreased by $9,598 from 2010 to 2011. Expenses were higher in 2006 due to maintenance and repairs of $57,866.

Public Safety Expenditures spent a total of $346,859 in 2011 on public safety compared to 2010 of $339,493. Police expenditures increased by $10,911 in 2011. Fire expenditures of $66,191 in 2011 were supported in part by: Township contributions of $7,622, State fire aid of $13,993 and charges for fire services of $12,130.

Public Works expenditures increased by over $23,000 due to higher repair costs.

Parks increased from $180,872 in 2010 to $192,670 in 2011 due to community center remodeling costs.

The library saw an increase of $22,031 in 2011 due to higher salaries and benefits costs.

Community and Economic Development Expenditures decreased in 2011 to $93,820 from $97,820 in 2010.

The unassigned General Fund Fund Balance was set at 118 percent in 2011 up to $1,239,722 from $1,109,633 in 2010.

The Library Fund balance was $144,061 as the result of the City levy of $109,568. The Library fund balance equals 88 percent of 2011 expenditures and the Library generated an excess of $1,774 in 2010.

The Park Fund balance ope .....
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Clayton J. Kappers

Mon, Apr 2nd, 2012
Posted in Spring Valley Obituaries

Clayton J. “Sie” Kappers, age 85 of Spring Valley, died Monday March 26, 2012, at his home in Spring Valley. He was born June 10, 1926, in York Township, Fillmore County, Minn. to John and Louise (Tienter) Kappers. He attended school t ..... 
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Jones ~ Markowski

Mon, Mar 26th, 2012
Posted in Spring Valley Social Scenes

Frank Markowski and Shari Jones of Spring Valley, Minn. were married on March 17, 2012, in rural Spring Valley, Minn. Parents of the bride are David Collett and Ellen Collett of Preston, Minn. Parents of the groom are Frank and Betty Mark ..... 
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Spring Valley approves door bid

Mon, Mar 19th, 2012
Posted in Spring Valley All

Bids were approved Monday night at Spring Valley City Council for replacement of the steel doors at the swimming pool. According to Park Director John Fenske the old doors are the original ones that were installed when the pool was built. Valley Hom ..... 
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Eyesore to be burned by Spring Valley Fire Department

Mon, Mar 5th, 2012
Posted in Spring Valley All

What is being described as “blighted” property in Spring Valley will be cleaned up by the City after approval was given by the Fillmore County Board on Tuesday. At the City Council meeting on Monday night, the Council authorized City Administrat ..... 
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John Sheldon

Mon, Feb 20th, 2012
Posted in Spring Valley Obituaries

John Sheldon, age 86, of Spring Valley died Saturday February 11, 2012, at Seasons Hospice in Rochester where he had resided for a short time. John Curtis Sheldon was born March 31, 1925, in Spring Valley, MN to Warren and Helen (Richardson ..... 
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Spring Valley purchases playground equipment

Mon, Feb 20th, 2012
Posted in Spring Valley Features

The agenda for Monday night’s City Council meeting was very short, in fact the meeting didn’t quite last to the 10 minute point. First on the agenda was reviewing a possible violation of the Junk Ordinance. There was time set aside for review ..... 
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William Schmoll

Mon, Feb 13th, 2012
Posted in Spring Valley Obituaries

William “Billy” Schmoll, 25, of rural Spring Valley, MN died Thursday (February 2, 2012) of injuries suffered in an auto accident on Hwy 63, south of Spring Valley. William Eugene Schmoll was born March 30, 1986, in Kodiak Island, Alask ..... 
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