9.2. SR 08-19-2013 - Laserfiche WebLink

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props, equipment, and communications equipment. The Conferences and Schools line item changes due to firefighter certification and officer development classes. Emergency Management—The Personal Services decreases based on all the Fire Chiefs time is included in the Fire Administration budget. The Operating Supplies in for continued replacement and supply costs for ID &access supplies. The Conference and School includes funds for additional training classes for staff. Two capital items are listed on the Capital Outlay Request worksheet. Safety—The Safety budget includes all the city-wide training including supplies. No significant changes from 2013 other than reallocating funds from Professional Services to Travel, Conferences, and Schools for safety training classes versus consulting. The Safety budget is funded via our Insurance Reserve Fund which we have historically received a dividend for liability insurance and recently workers compensation. We continue to expect the dividend to cover our Safety budget. Contingency—The Council Contingency budget includes $50,000 for unexpected items that may come up during the year. Based on our review of the Mayor and Council budget,we included the $2,500 that the city typically reimburses for program expenses in the miscellaneous budget line item. Therefore, Council discussed reducing the Contingency budget to $47,500. I have included this as an adjustment on the budget summary worksheet. This Contingency budget also includes an employee turnover rate,in 2013 it was .5% and in reviewing potential retirement and staff turnover we are proposing to increase to 1% for 2014. General Fund Update An update on the overall General Fund revenue and expenditures will be provided. In early September, we should get the preliminary Net Tax Capacity (NTC) number from the County. In addition,we should get levy limit information from the Department of Revenue in September. We will then run tax impacts to residential and industrial/commercial properties. The preliminary 2014 tax levy is as follows: Actual Estimate 2013 2014 Difference General Fund 9,203,085 9,203,085 Library 63,100 63,100 - Surface Water Management 50,000 50,000 - Debt Service 643,497 371,459 (272,038) Economic Development Tax Abatement 216,083 187,987 (28,096) Total 10,175,765 9,875,631 (300,134) A quick summary of the changes from 2013—2014 preliminary General Fund expenditure budget prior to adjustments is below: 2013 Adopted Budget $12,836,950 COLA 150,000 Staff adjustments (personal sheet 165,050 Seal coat* moved to pavement mgmt. fund 397,000 Sales Tax exemption (81,050) Inflation/Exp. Adjustments <1% 123,400 2014 Preliminary Budget $12,797,350 *_ $292,000 in state-aid maintenance revenue will follow to the pavement management fund. N:\Public Bodies\Agenda Packets\08-19-2013\x9.3 sr budgetmemo£docx