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7.1. SR 12-05-2016
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7.1. SR 12-05-2016
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General Fund Budget <br />The 2017 General Fund budget is at $14,378,400, which is a 3.55% increase over 2016. The greatest <br />portion of the city's General Fund operating budget is dedicated to public safety programs and services. <br />General government, public works, and culture and recreation make up the balance of the General Fund <br />budget. Due to the fact that city government is primarily a service industry, 76% of the operating budget <br />is personal service expenditures. The budget does include a cost of living pay adjustment for employees in <br />2017. <br />Financial Impact <br />Summary of all 2017 Budgets <br />All of the proposed budgets are listed below. The Council has reviewed all of these budgets. <br />Below is a summary of the proposed budgets to be approved: <br />General Fund $14,378,400 <br />Special Revenue Funds: <br />Library $ 97,500 <br />Ice Arena $ 827,550 <br />Landfill $ 134,550 <br />Safety $ 31,600 <br />Enterprise Funds: <br />Attachments <br />■ Tax levy resolution <br />■ Tax levy breakout <br />■ General Fund summary <br />Revenues <br />Expenditures <br />Depreciation <br />Capital <br />Net Effect <br />Sewer <br />$2,499,000 <br />$2,106,700 <br />$1,425,000 <br />$100,500 <br />$(1,133,200) <br />Garbage <br />$1,431,600 <br />$1,549,100 <br />- <br />- <br />$ (117,500) <br />Liquor <br />$7,040,850 <br />$6,694,500 <br />$ 125,000 <br />- <br />$ 221,350 <br />Storm Sewer <br />$ 502,000 <br />$ 560,900 <br />$ 448,000 <br />$150,000 <br />$ (656,900) <br />Attachments <br />■ Tax levy resolution <br />■ Tax levy breakout <br />■ General Fund summary <br />
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