Preliminary 2025 General Fund Budget Review

At the July 9, 2024, the first budget worksession, the City Council was presented with the 2025 Capital Equipment Requests.  The (attached) itemized sheet has been updated to include the removal of the staff requested cars for the rental housing inspector and 2 admin vehicles, security improvements, and the unmanned aerial vehicle (drone).  

This meeting will be a further discussion of the 2025 Capital Equipment Requests, 2025 New Personnel Requests and Existing personnel costs.  Existing personnel costs are reflected using the average market rates (of like positions) of comparable North Metro Cities (these market rate adjustments range from 0% (no change) to almost 18%), a cost of living increase of 3% and a health insurance increase on all plans.  As noted, these numbers reflect an all-in.  The preliminary (all-in) General Fund Budget has been prepared using the "average of" market rate for positions.  A median rate has also been prepared.  All union contracts are still in the process of negotiation.

County valuations numbers have also not been received at this time.  County personnel has given a time frame of Monday, July 22.

75-90 minutes

City Administrator and Finance Director

Review of personnel & capital and provide staff direction.