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4.0. SR 07-29-2019
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4.0. SR 07-29-2019
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7/30/2019 9:57:19 AM
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7/29/2019
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<br />Request for Action <br /> <br /> <br />To Item Number <br />Mayor and City Council 4.0 <br />Agenda Section Meeting Date Prepared by <br />General Business July 29, 2019 Lori Ziemer, Finance Director <br />Item Description Reviewed by <br />2020 Budget <br />Reviewed by <br /> <br /> <br />Action Requested <br />2020 budget discussion. <br /> <br />Background/Discussion <br />Attached are the 2020 preliminary budget worksheets along with their department/division goals for the <br />following departments: <br /> <br />Special Revenue Funds: (specific revenue sources used for specific-purpose activities) <br /> Library <br /> Ice Arena <br /> <br />Enterprise Funds: (funded by generated revenues) <br /> Liquor <br /> Garbage <br /> <br />General Fund: <br /> Environmental <br /> Energy City <br /> Planning <br /> Code Enforcement <br /> Community Development <br /> Building Safety <br /> Information Technology <br /> Fire/Emergency Management <br /> Finance <br /> Legal <br /> <br />The following assumptions/estimates were used in preparation of the 2020 proposed budget: <br /> 3% cost of living increase for non-union employees <br /> Union contracts – <br />o Patrol – 2.75% increase with a mid-year market adjustment retroactive to first of year <br />o Sergeants – 2.75% increase with a mid-year market adjustment retroactive to first of year <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br />service, and community engagement that encourages and inspires prosperity <br /> <br />
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