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Budget [Vorksession <br />August 12, 2002 <br /> <br />Capital Outlay <br /> <br />Attachments <br /> - Capital outlay page for 2003 <br /> - Capital outlay page for 2002 <br /> <br />H&hlights/ Discussion Issues <br />The first item to note is that there are very limited general fund expenditures for capital <br />outlay items. Next it is obvious that the equipment certificate amount has increased <br />significantly. Finally, the equipment reserve total allotment is similar to last year. Also, it <br />should be noted that another $58,000 is needed from the equipment reserve for a fire <br />pumper payment, so the actual 2003 expenditure out of reserves is in the $110,000 range. <br /> <br />Regarding equipment certificates, no certificates were issued in 2001 as the fire pumper will <br />be funded using reserves. The equipment certificate amount in 2002 was a one year <br />certificate approach for $273,500. The total for 2003 is $458,400 and the annual payments <br />would be in the $140,000 range over four years or so This amount seems to be too much if <br />we are going to keep the tax rate reasonable. It is proposed that one of the five police <br />vehicles be cut. The Chief has indicated that this is acceptable provided the Voice PlayAll <br />system is retained as this is a higher priority than the fifth vehicle. The truck enforcement <br />equipment and scales seems unlikely for 2003 based on the police liaison discussion that is <br />scheduled to take place earlier in the evening on August 12. The fire inspector vehicle should <br />be shifted to equipment reserves and the dump truck is the lowest priority of all the items <br />for the street department and should be eliminated. These changes would reduce the <br />equipment certificate amount by $158,900 and bring the total to just under $300,000, which <br />is close to the 2002 total. However, it is still proposed that these certificates be financed over <br />four years in order to lesson the 2003 tax impact. <br /> <br />Departmental Budgets <br /> <br />Attachments <br /> - General fund expenditure summary page <br /> - General fund departmental detail pages <br /> <br />Highlights~ Discussion Issues <br /> · Mayor and Council - Other professional services are up $10,000 due to requests <br /> from the Heritage Preservation Commission. <br /> <br />· Cable TV - The increase is mainly due to additional personnel services. <br /> <br />Administration - Most of the increase is in personnel services. The capital outlay <br />expenditure for the copy machine lease has been moved to equipment repair and <br />maintenance services. <br /> <br />· Elections - A big decrease due to no elections being held in 2003. <br /> <br /> <br />