Laserfiche WebLink
<br />2006 Budget <br /> <br />August 8, 2005 <br />4 <br /> <br />attachment). This step "vill be the start up of the Engineering Department that has been <br />identified as a high priority by the City Council. <br /> <br />Conclusion <br />Right no\v, in \Tery rougll round numbers, it appears that revenues and expenditures for 2006 <br />are just O'Ter $1 million apart from being balanced. With not too much work or luck \ve <br />should be able to cut that figure in half by \vay of a larger than projected increase in the <br />NTC and by shifting some capital outlay items out of the general fund budget. Nonetheless, <br />the balancing of the 2006 budget is going to be extremely difficult, especially as compared to <br />the "easier than normal" budget that we had last year. <br /> <br />_About t\Vo-thirds of the budget is direcdy related to personnel. .i\ccordingly, if \ve ha've a $10 <br />million budget, then there is about $3.5 million in non-personnel expenses. Cutting $500,000 <br />out of $3.5 million is difficult. <br /> <br />Once again not too many firm details are a'Tailable at this ti.rr1e. I'm just trying to gi,re the <br />Council a fla,ror as to what the budget looks like, \vhat I am recommending for staff <br />additions, and how dle capital outlay requests look. Please bring your calendar to the Council <br />meeting so that \~le can set our budget worksession for either August 22, or August 29, 2005. <br /> <br />s: \ Council\Pat\Budget\2006 \ 080805 CC F eeback.doc <br />