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6.0. SR 08-12-2002
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6.0. SR 08-12-2002
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1/21/2008 8:31:52 AM
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Budget [Vorksession <br />August 12, 2002 <br /> <br />H~hl~hts/ Discussion Issues <br /> · Taxes - Projected at the estimated levy limit rate...a final figure from the state is <br /> expected soon.., this amount within the levy limit in the general fund excludes the <br /> levies for the street program, the library, and the surface water management <br /> program. <br /> <br />Growth Related Revenues (building permits, plumbing/heating permits, plan check <br />fees) - These budget line items are projected at a slight increase over the adopted <br />2002 budget. <br /> <br />· Local Government Aid - No change. This is the area of the major concerns for <br /> cutbacks in 2003-04. <br /> <br />· Police Liaison - Zero revenues are being projected for 2003. <br /> <br />· Recreation - New expenditures offset the new revenues for concessions. The park <br /> usage fees, facility fees, and building rent partially fund new expenditures. <br /> <br />· Fines - A significant decrease is projected due to a high estimate being used in 2002. <br /> <br />· Transfers - The 2003 proposal is consistent with the 2002 adopted budget. <br /> <br />Total revenues are projected at $7,571,200. This is a $355,700 or 5% increase. Taxes are <br />proposed to go up $400,700, so the rest of the revenues are going down slightly. <br /> <br />2003 General Fund Expenditures <br /> <br />Personnel Services <br /> <br />Attachments - Personnel services summary of additional hours and employees that are included within <br /> the budget as compared to the original request <br /> - Full time equivalency page for all city departments <br /> <br />H~hl~hts/ Discussion Issues <br />As you can tell, the original request for additional personnel has been modified. Some of the <br />reductions relate to the new public safety facility where the office space is not available until <br />fall 2003. Other reductions related to priority decisions from the department heads, as <br />everything being requested could be funded. It should be noted that it is very difficult to <br />determine the difference between needs and wants when annually there is a request for <br />additional employees in the street/park department and police department. Please also note <br />that there is no City Engineer position included in the budget, nor is there a Park and <br />Recreation Director position in the budget. <br /> <br />Further reductions in the personnel services that are included within this August draft 2003 <br />budget are going to be needed in order to balance the overall budget. <br /> <br /> <br />
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