4.2.
Finance Committee
- Meeting Date:
- 10/08/2013
- By:
- Diana Lund, Finance
Information
Title:
Discussion and Review of 2014 Proposed General Fund Budget and 5-Year Budget: 2014-2018
Background:
The Council adopted the proposed 2014 General Fund Budget at its regular meeting of September 10, 2013. The Finance Committee has asked to review the individual line items of the 2014 budget prior to a full council budget work session in late October/November after tax rates are received from the County.
A five-year budget, 2014-2018 has also been requested and prepared based on past history, proposed 2014 budget, strategic planning action items, inflationary factors and capital equipment requests. The off-setting tax capacity rates were calculated based on conservative growth estimates from the county, Tax Increment Financing (TIF) decertifications (TIF #4 & #7) and proposed debt service.
A five-year budget, 2014-2018 has also been requested and prepared based on past history, proposed 2014 budget, strategic planning action items, inflationary factors and capital equipment requests. The off-setting tax capacity rates were calculated based on conservative growth estimates from the county, Tax Increment Financing (TIF) decertifications (TIF #4 & #7) and proposed debt service.
Notification:
- 2014 General Fund Budget
- 5-Year Budget Assumptions
- 5- Year Tax Capacity Rate Calculations
- 2014-2018 Line Item Budget
Recommendation:
Discussion Only.
Funding Source:
Not Applicable.
Council Action:
Discussion only. Review of individual line items contained within 2014 Proposed General Fund Budget and review of assumptions within the 5-Year 2014-2018 budget document.
Attachments
- 2014 Proposed General Fund Budget
- 5 Year Budget Assumptions
- 5 Year Tax Capacity Rates
- 5 Year Budget 2014-2018
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 10/03/2013 09:38 AM |
- Form Started By:
- Diana Lund
- Started On:
- 09/25/2013 10:24 AM
- Final Approval Date:
- 10/03/2013