Laserfiche WebLink
Budget Staff Report November 10, 2003 <br /> Page 6 of 6 <br /> <br />OTHER BUDGET ACTIVITIES <br />In addition to balancing the 2004 General Fund budget the City Council will also need to <br />review some additional financial issues. On November 24, 2003, the Enterprise Funds will <br />be presented to the City Council. The Liquor Store Fund and the Garbage Fund are very <br />straightforward but the sewer budget will need some discussion as there are some major <br />capital improvements on the horizon. Also, m December, the Council will be asked to <br />consider the 2004 pay resolution. The county has approved a three percent increase and we <br />are looking at a three percent increase for the police union. The 2004 budget includes <br />funding for a three percent increase for city employees. The Truth-M-Taxation public <br />hearing will be held on December 8, 2003 and at that time the tax levy, general fund budget, <br />and supplemental budgets will all be reviewed and discussed. Finally, within the next few <br />months the update of the five year Capital Improvement Program will be presented to the <br />City Council. <br /> <br />ATTACHMENTS · 2004 Proposed General Fund Revenues <br /> · Tax Levy Information <br /> · 2004 General Fund Expenditures Summary Page <br /> · 2004 General Fund Expenditures Summary Analysis (5 pages) <br /> · Personal Services Page <br /> · Capital Outlay Page <br /> · 4 Newspaper Articles <br /> · City Newsletter-Budget Article <br /> <br />S: \Council\Pat\Budget\ 1103balancing.doc <br /> <br /> <br />