7.2.
CC Regular Session
- Meeting Date:
- 09/22/2015
- By:
- Diana Lund, Finance
Information
Title:
Adopt Resolutions #15-09-219 Adopting Proposed 2016 General Fund Budget & Resolution #15-09-220 Adopting Proposed 2016 EDA Budget
Purpose/Background:
| Purpose: To adopt a preliminary 2016 General Fund Budget that outlines the funding sources (taxes, building permits, etc) that support the General Operations of the City as outlined under the expenditure section of the budget and to adopt a preliminary 2016 Economic Development Authority (EDA) Budget. Both the General Fund and EDA Fund are supported by the property tax levy. The budgets as presented reflects the consensus of the city council at the final preliminary budget work session on September 8, 2015. The 2016 Proposed General Fund and EDA Budgets, are strictly “proposed” budgets and will be amended in the following months before final adoption in December, 2015 The General Fund budget as presented represents a balanced budget of $11,136,874, or a $713,115 or 6.84% increase over the adopted 2015 General Fund Budget of $10,423,759. The 2016 EDA budget as presented totals $85,618 or a $118,683 reduction over the adopted 2015 EDA budget of $204,301. The decrease in the EDA budget for 2016 is that all personnel related expense is now accounted for in the General Fund. The proposed General Fund budget includes the following initiatives and increases, comprising the majority of the $713,115 increase: *Personnel Funding previously funded under the EDA now funded in the General Fund: Approximately $132,000 *Full-Time Code Enforce/License Coordinator: Achieve 14-day compliance timeframe for code complaints: Approximately $74,000 *Full-Time Drug Task Force Officer: Allocate staff to task force to be proactive on drug enforcement: Approximately $76,000 *Full-time Public Works Maintenance Worker (April 1 start date): Increased demand for street maintenance & snow removal to remain within acceptable levels of service: Approximately $49,000 *Election Year: Approximately $43,000 Note: Personnel services in the General Fund increased by approximately $690,000 due the factors listed immediately above and those listed immediately below. Other Personnel Services: *Increase Hours IT Support Tech 20 to 29 hours week *Cost of Living, Step, reclasses and market rate adjustments (union contract) *Health Insurance increases - 2%-9.9% *Extra 8 hours (per FT employee) salary expense for calendar year 2016 due to leap year *Police Holiday Buyback (per union contract) *On-Call firefighter rate increase (last rate increase was 2009) Other Charges: *Cameras in Elmcrest Park & Front parking lot *Produce 6-full color city newsletters (currently 4 colored & 2 black & white included with utility bill) *Bi-Annual Survey *Additional Road Patching The revenue sources are made up of: Taxes: 76.3% (76.1%-2015); Permits: 4.1% (4.0%-2015); Intergovernmental: 4.0% (3.8%-2015); Charges for Services: 5.4% (5.0%-2015); Fines/Interest Earnings: 2.2% (1.4%-2015); and Transfer from other Funds: 8.0% (9.3%-2015). In total, Public Safety [police, fire, inspections, civil defense] is now 42.2% (41.6%-2015) of the budget. General Government [administration, finance, elections, planning and legal] is 26.7% (25.4%-2015) of the budget. Public Works and Parks represent 29.8% (30.5%-2015) and miscellaneous and transfers make-up 1.3% (2.5%-2015) of the budget. The 2016 “Proposed” General Fund Budget must be adopted by September 30, 2015 and submitted to the County Auditor along with the certified proposed property tax levy. Therefore, the 2016 Proposed Levy and “Proposed” General Fund Budget are presented for adoption at tonight's Council meeting. |
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Recommendation:
Staff recommends adoption of the 2016 proposed General Fund Budget and 2016 Proposed EDA budget as was presented to the City Council at its final preliminary budget worksession of September 8, 2015, noting again that the budgets are subject to change up until final adoption December 8, 2015.
Action:
| Action: | |||||
| Motion to recommend City Council Adopt Resolution #15-09-219 Adopting Proposed 2016 General Fund Budget and Adopt Resolution #15-09-220 Adopting Proposed 2016 EDA Budget |
Attachments
- 2016 Proposed General Fund Budget
- 2016 Proposed EDA Budget
- Resolution #15-09-219 Adopting Proposed 2016 General Fund Budget
- Resolution #15-09-220 Adopting Proposed 2016 EDA Budget
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Jo Thieling | 09/17/2015 11:58 AM |
- Form Started By:
- Diana Lund
- Started On:
- 09/01/2015 11:25 AM
- Final Approval Date:
- 09/17/2015