4.0. SR 09-07-1999 - Laserfiche WebLink

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rll --'\) ( ); !YI{ River ITEM #4. MEMORANDUM TO: Mayor & City Council FROM: Pat Klaers, City Administrator DATE: September 1, 1999 SUBJECT: 2000 Budget The third City Council worksession on the 2000 budget is scheduled for Tuesday, September 7, 1999, immediately following the Utilities Commission discussion, which begins at 5:00 p.m. in the training room. At the last budget worksession on 8/30/99, direction was received to make some adjustments in the proposed budget. The proposal on 8/30/99 showed revenues in the amount of $5,701,100 and expenditures in the amount of $5,940,400 and a budget gap of $239,300. At the 8/30/99 meeting, the following changes were made: . . Revenues . Revenues . Revenues . Expenditures . Expenditures . Expenditures . Expenditures . Expenditures +$ 7,500...Safe/Sober grant - $ 8,000...No CSO grant +$10,000...Interest income - $13,000...Government Buildings (proposed new maintenance position to be half time status) - $12,000...Street Maintenance (proposed Maintenance I position to be 6 lh months with the other 5lh months assigned to the ice arena) - $28,000...Police (no CSO position being authorized) - $ 6,500...Recreation-Adm. (Community Recreation administration fees decrease) - $ 9,000...Park-Fields (error in calculating other rent expense) The above changes result in a positive impact on the budget gap of $78,000. These changes make the proposed revenues $5,710,600 and the proposed expenditures $5,871,900 with the resulting budget gap being $161,300. (As discussed on 8/30, this budget gap excludes the ice arena budget gap of $64,500.) . 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 . TDD & Phone: (612) 441-7420. Fax: (612) 441-7425