9.1. SR 06-18-2018 - Laserfiche WebLink

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Wages and Benefits The non-union compensation plan is nearing completion and will be factored into the 2019 budget. All the bargaining union contracts (Patrol, Sergeants, and 49er's) are effective until December 2018 and up for negotiation for 2019. The employer contribution to the Police & Fire PERA is increasing 0.75%, from 16.2% to 16.95%,in 2019 and will increase to 17.7%in 2020. State Aid The estimated Local Government Aid (LGA) we can expect to receive in 2019 is about$329,000. The LGA is budgeted in the Equipment Replacement Fund which makes it easier to adjust and reprioritize equipment needs versus immediate General Fund operational changes should LGA be eliminated or reduced. The city receives state aid that is apportioned for the fire relief association. The correct reporting standard is to recognize the fire state aid revenue with an offsetting expenditure in the fire department for payment to the fire relief association. Transfers In Transfers are made each year to the General Fund from the Waste Water,Liquor, Storm Water, Garbage, EDA and HRA funds to cover costs associated with providing internal services to those funds. We will review the transfers to ensure they cover services used. The exception is the Liquor Fund transfer,which is significantly higher to offset other operating expenditures. The transfer from ERMU is allocated to the General Fund and Equipment Replacement Fund. Budget Assumptions ■ Preliminary budget will be drafted based on the same level of service as in 2018. ■ Most revenue items are stable and consistent with last year and we continue to monitor building activity and revenue updates. ■ The state fuel contract will be used for 2019 —fuel price will start at$2.75 per gallon. ■ The tax abatement levy will increase about$16,000 due to the addition of a tax abatement agreement in 2019. Financial Impact N/A Attachments ■ N/A N:APublic Bodies\Agenda Packets\06-18-2018\Final\x9.1 sr 2019 Budget.docx