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1998 Budget Memo <br />October 27, 1997 <br />Page 2 <br /> <br />o <br /> <br /> PROPOSED 1998 BUDGET <br />A. Balance the $25,650 gap and changes since the 8/25/97 budget <br /> worksession...the total budget must not be higher than <br /> $4,977,200 based on the proposed maximum tax and budget <br /> resolution the city certified to the county. <br /> <br />Expenditures... No net change in the total of $4,977,200 <br />a. Increase police salaries due to the hiring of the <br /> replacement for Ken Rollins... $40,750 <br />b. Reduce police overtime by $5,000 <br />c. Reduce police overtime benefits by $560 <br />d. Increase Fire Department part time salaries by <br /> $12,100 <br />e. Increase the Community Recreation administration <br /> fees (due to Otsego leaving the <br /> organization)... $13,150 <br />f. Reduce Council Contingency due to the transfer of <br /> salaries for the replacement of Ken Rollins and in <br /> order to balance the budget... $60,350 <br /> <br />ii. <br /> <br />Revenues... Net increase of $25,650 for new total of <br />$4,977,2OO <br />a. Taxes...increase by $23,650 <br />b. HACA...increase by $600 <br />c. Police aid...reduce by $9,000 <br />d. LGA...decrease by $23,850 for TIF Districts...this <br /> is equal to the increase in transfers ($18,400) and <br /> contributions ($5,450) <br /> e. School liaison program...a $7,000 increase <br /> f. D.A.R.E. reserves...an $18,150 increase <br /> g. Building permits...a $14,750 decrease <br /> <br />iii. <br /> <br />Discuss Fire Department Part Time Salaries - Mayor's <br />Recommendation <br /> <br /> <br />