2.1.
CC Work Session
- Meeting Date:
- 09/13/2016
Information
Title:
Further Discussion of 2017 Proposed Budget and Levy and Review of 5-Year Budget (2017-2021)
Purpose/Background:
Purpose: To determine a final preliminary budget and levy for adoption at the September 27, 2016 City Council meeting.
Background: Council was presented a draft copy of the preliminary 2017 General Fund Budget at its work session of August 8, 2016. Since that time, some amendments to the budget have been made related to health insurance, COLA and engineering revenue. The overall changes had a net effect of reducing the proposed 2017 budget by $91,165 and the 2017 tax levy by $69,627.
An updated budget and levy are presented for review.
Attached are several documents related not only to budget year 2017, but also for years 2018-2021 to reflect the effect on budget, tax rates and levies for these years in response to personnel requests and debt related to roads, capital equipment and public works campus. The 2018-2021 numbers are strictly assumptions.
Background: Council was presented a draft copy of the preliminary 2017 General Fund Budget at its work session of August 8, 2016. Since that time, some amendments to the budget have been made related to health insurance, COLA and engineering revenue. The overall changes had a net effect of reducing the proposed 2017 budget by $91,165 and the 2017 tax levy by $69,627.
An updated budget and levy are presented for review.
Attached are several documents related not only to budget year 2017, but also for years 2018-2021 to reflect the effect on budget, tax rates and levies for these years in response to personnel requests and debt related to roads, capital equipment and public works campus. The 2018-2021 numbers are strictly assumptions.
Timeframe:
60-75 minutes
Funding Source:
Responsible Party(ies):
Finance Director
Outcome:
Determine a 2017 Preliminary Levy and Budget
Attachments
- 2017 Preliminary Budget/Levy Notes
- Tax Capacity Rate Calculation
- Community Development Staffing Plan
- Website Redesign Fact Sheet
- ePlan Review Fact Sheet
- 2017 Personnel Requests
- 2017 Staffing/Strategic Plan
- 2017 Capital Requests
- 2017 Proposed General Fund Budget
- 2017 Proposed EDA Budget
- 5-Year Budget Assumption Notes (2017-2021)
- 2017-2021 Tax Capacity Tables
- 2017-2021 Debt Service Summary
- 2017-2021 Staffing Cost Sheet
- 2017-2021 Capital Equipment Requests with Equipment Fund Cash Flow
- 2011-2021 Tax Levy & Tax Rate Chart
- 2017-2021 General Fund Budget Document
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 09/08/2016 02:01 PM |
- Form Started By:
- Diana Lund
- Started On:
- 08/30/2016 01:03 PM
- Final Approval Date:
- 09/08/2016