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Operations—Equipment Repair and Maintenance Services line item decreases. Our 2013 sanitary main <br /> televising confirms there is no need for a slip line project in 2014. Time reallocation is the only <br /> significant change. <br /> Lift Stations—The Equipment Repair and Maintenance Services line item decreases as in 2013 several control <br /> panel replacements at City Hall,Westwood,and Evans lift stations,generator for Evans,replacing pumps <br /> 1 &2 at Highway 10 station were completed. In 2014 the only control panel replacement which is <br /> scheduled is at Meadowvale lift station. <br /> Financial model—Staff will review in detail the long range financial plan for the Wastewater Fund. <br /> General Fund Update—We will review some updates to revenues and expenditures since our last <br /> review. On September 3rd, our General Fund revenues exceeded expenditures by$65,189; based on <br /> some updated numbers our General Fund revenue currently exceeds our expenditures by$84,501. <br /> The tax rate is estimated to decrease from 50.37% to 48.83% based on the net tax capacity provided by <br /> Sherburne County. Our tax levy (total taxes collected) will decrease $246,530 or (2.42%) from last year. <br /> Again these communities can decrease but not increase the levy in December. <br /> c1tv %change <br /> Becker 9.93% <br /> Big Lake 9.22% <br /> Dayton 1.51% <br /> Elk River -2.42% <br /> Nowthen 7.00% <br /> Otsego 5.98 <br /> Princeton -1.46% <br /> Ramsey 9.07% <br /> Rogers 6.62% <br /> St. Michael 2.99% <br /> Next meeting—Nov. 4, review 2014-18 CIP, General Fund and Storm Water Fund. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> • Wastewater Department request goals and worksheets <br /> • Wastewater 2014-2018 Capital Improvement Plan <br /> • Wastewater Fund financial projections <br /> • General Fund tax levy summary <br /> • General Fund tax rate calculation <br /> • General Fund personal services <br /> • General Fund budget worksheet <br /> • Capital Outlay breakout <br /> • General Fund tax impacts <br /> N:\Public Bodies\Agenda Packets\10-21-2013\Final\In Laserfiche\x9.2 sr budget.docx <br />