proposed ordinance updates the requirements for the CRS program.
2. RESTAURANT REWARDS PROGRAM DEBRIEF
Director of Economic Development Craig Hulse provided an overview of the Restaurant
Rewards Program that was conducted January 1 through April 30, 2025. The program
ended with 2,784 participants, $561,283 in customer spending, and $46,689 awarded to
participants. Of the 2,784 participants, 45% were from outside the city and 55% were
local residents.
DISCUSS THE FISCAL YEAR 2026 PROPOSED BUDGET FOR THE GOLF
FUND AND SPECIAL REVENUE FUNDS.
3.
Director of Parks and Recreation Adrien Pekurney provided an overview on operations at
Iron Horse Golf Course. The proposed revenues for FY 2026 is $3,831,295 compared to
$3,544,142 in FY 2025. The changes are attributable to increases in revenue per player,
rounds, green fee cart, and food and beverage. The proposed budget reflects a positive
balance of $148,000 that will be contributed to reserves.
Director of Budget and Research Chase Fosse provided an overview of the Special
Revenue Funds that includes the Municipal Court Special Revenue Fund, Public
Education and Government ("PEG") Revenue Fund, Promotional Fund, Donations Fund,
Special Investigations Fund, Drainage Utility Fund, Economic Development Fund, Gas
Development Fund, and Traffic Safety Fund. The funds are not associated with property
taxes and have limited uses.
The Municipal Court Special Revenue Fund proposed revenues and expenditures for
2025/2026 is $288,386. The proposed budget reflects a positive ending balance of
$51,000 that will be appropriated. The Public Education and Government ("PEG")
Revenue Fund proposed revenues and expenditures for 2025/2026 is $106,000. The
proposed budget reflects a positive ending balance of $29,000 that will be appropriated.
The Promotional Fund proposed revenues and expenditures for 2025/2026 is $469,991.
The proposed budget fund reflects a positive ending balance of $140,000 that will be
appropriated. The Donations Fund proposed revenues and expenditures for 2025/2026 is
$377,916. The proposed budget reflects a positive balance of $95,000 that will be
appropriated. The Special Investigations Fund proposed revenues and expenditures for
2025/2026 is $261,000. The proposed budget reflects a positive balance of $122,000 that
will be appropriated. The Drainage Utility Fund proposed revenues and expenditures for
2025/2026 is $4,389,353. The proposed budget reflects a positive balance of $2,600,000
that will be appropriated. The Economic Development Fund proposed revenues and
expenditures for 2025/2026 is $377,916. The proposed budget reflects a positive ending
balance of $118,00 that will be appropriated. The Gas Development Fund proposed
revenues and expenditures for 2025/2026 is $388,373. The proposed budget reflects a