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Budget Worksession Memo <br />August 25, 2003 <br />Page 10 of 13 <br /> <br />are added, more streets are added, and more people are added to our community we will have <br />almost the same amount of street, park, police, fzre, etc. personnel to provide services to these <br />expanding areas. <br /> <br />Overall, the 2004 expenditures are proposed at $7,764,950. This is a $516,100 and 7.1% increase <br />over the June 2003 amended budget and a $77,050 and 1% increase over the original 2003 adopted <br />budget. <br /> <br />2004 SUPPLEMENTAL BUDGETS <br />In the budget document, the table of contents includes numerous pages under the classification of <br />supplemental budget information. This includes the: <br /> <br />library <br />surface water management (SWM) <br />special assessments <br />ice arena <br />equipment certificates <br />equipment reserves <br />landfill <br /> <br />safety <br />EDA <br />business incubator <br />HRA <br />garbage collection <br />liquor store <br />wastewater <br /> <br />Brief comments on some of these pages are as follows: <br /> <br />Library...No changes of note. We may pay off the bond for the library expansion project in the near <br />future. <br /> <br />Surface Water Management (SWM)...The revenues show up in the tax levy resolution. The fund <br />balance in this category has been spent on the East Elk River project. Funds need to be accumulated <br />to meet a growing demand for city wide storm drainage work. <br /> <br />Special Assessments... No changes of note. The amount shows up on the tax levy resolution. <br /> <br />Ice Arena...Attached is the recommended budget by the Ice Arena Commission. <br /> <br />Equipment Certificates and Equipment Reserves... See capital outlay page. <br /> <br />Sanitary Landfill...All activities are funded by the landfill waste abatement fund. A significant <br />amount of the wages for the Environmental Assistant are in this budget. <br /> <br />Safety... Revenues to fund this program come from the insurance reserve fund. <br /> <br />EDA, Business Incubator, and HRA...Tax levies and budgets per recommendation of the EDA and <br />HRA. <br /> <br />Garbage Collection/Liquor Store/Wastewater System...These budgets are not dependent upon tax <br />revenues. Budgets for these enterprise funds will come to the Council later in the year. <br /> <br /> <br />