6.0. SR 08-26-2002 - Laserfiche WebLink

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City MEMORANDUM Item 6 TO: FROM: DATE: SUBJECT: Mayor and Council Pat Klaers, City Admini~ August 26, 2002 ~ Budget Worksession At the August 12, 2002 City Council budget worksession we had an opportunity to review the preliminary sample levy information, proposed revenues, revised personnel additions that are in the proposed expenditures, and capital outlay items. Due to the lateness of the evening we did not have an opportunity to review in any detail the departmental expenditures. Please bring the August 12, 2002 budget material to this August 26, 2002 budget worksession. When we left the August 12, 2002 meeting, we identified a $362,100 budget gap between proposed revenues and requested expenditures. This budget gap existed in spite of the city going to the maximum levy allowed by law, reducing the personnel additions, and moving most of the capital outlay expenditures out of the general fund and into the equipment reserve and equipment certificate budgets. On August 26, 2002, the City Council should seriously discuss and provide feedback to staff on a number of issues. These issues include: Whether to go to the maximum levy or not - This amount has to be certified to the county by September 15, 2002, and can be lowered but cannot be increased. The budget is finalized after the December Truth in Taxation public hearing. Whether to hire a police officer for truck enforcement - This program includes the purchasing of a vehicle (truck) and equipment. The total equipment and vehicle expenditures will be in the $50,000 range. Whether or not a two percent or three percent wage increase should be given for cost of living reasons - Three percent has been the norm; however, the economic times are tough and a two percent increase may be reasonable. This would save