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Memo
<br />Ciry Council
<br />2012 Proposed Pxeliminary Budget and Tax Levy
<br />b
<br />OPERATiNG BUDGET
<br />Sala and Benefits
<br />The 2012 preliminary budget was prepared assuzxaing a 1.5% wage acljust�nen� for non-union
<br />staff {1.0% Jan 15tI1.0% Jul lst} and a 1.0% vcrage adjustment for unian staff (1.0% Jan 15t). As
<br />previousiy discussed with the City Council, in surveying surrounding communities, most have
<br />included a 2.0% COLA increase in their preliminary estimates at this #ime. The budget also
<br />ass�.unes a$21 per month increase in the City's contributian to h�alth and dental insurance. The
<br />increasa for 2012 is 3.6% for medical. In 200$, the City added a high-deductible HSA pla�
<br />which has been helping to keep our costs low, in 2011 we saw a decrease af 13.1%, so there was
<br />no increase in the City contribution iz� 20 � 1. Dental has been estimated at 10% as we have not
<br />y�t received the actual rates from the insurance carrier.
<br />General Fund
<br />Revenues and expenditures are shown in the table below. We have highlighted ztems that impact
<br />tl�e ta� levy and proposed budget on ihe next page to give you a brief overview. More detailed
<br />coz�n�entary if found in the department and fund pages of the budget doc�r�ent.
<br />City of Arden Hiils
<br />General Fund
<br />Actual Actual 8udget Amended Actual Proposed Adopted °/a Change
<br />FY 2009 FY 2Q10 PY 203 t FY 2U11 6130111 FY 2012 FY 2012 11 vs 12
<br />Revenu��
<br />Ta�s
<br />Licenses and Permifs
<br />plher Intergovernmenta[
<br />Charges for Services
<br />Fines & ForFeiLs
<br />5pecial Assessments
<br />Miscellaneous
<br />iransfers
<br />Tatal Revenues
<br />Expenditures bv_Ca{�aON
<br />Personal Senrices
<br />Materials and Supplies
<br />piher Sen,ices and Charges
<br />Capifal OuSay
<br />7ransfers
<br />CondngencylReserves
<br />%ta[ Expenditures
<br />2,835,253 2,867,028 3,069,925 3,069,925 (8,961) 3,161,825 - 2.99%
<br />318,849 255,265 252,600 252,640 131,$72 256,850 - 1.68%
<br />'i3U,557 118,981 61,OQp 61,046 38,009 115,5$2 - 89.48%
<br />395,29D 388,637 386,60i 386,601 165,199 4fl3,775 - 4.44%
<br />23,668 2&,'S49 50,44# 50,A41 7,51D 45,462 - -9.87%
<br />- - - - - 210 - 4.00%
<br />42,945 53,054 76,650 76,656 t4,787 73,922 - -3.56%
<br />0.00°/a
<br />$ 3,752,563 $ 3,711,515 $ 3,897,217 $_ 3 S97 2i7 $ 348.215 $ 4 057 626 $ 4.12%
<br />$ 1,30Q,333 $ 1,358,488 $ #,319,470 $ 1,319,476 $ 677,461 $ 1,343,824 $ - 1.85%
<br />962,9fl5 22&,136 195,i30 195,136 99,973 188,D85 - -3.61%
<br />1,935,629 1,914,592 2,129,Sfl6 2,129,806 894.$77 2,285,7�7 - 7.32%
<br />- - - - 176 - - 0.00%
<br />378,69& 279,266 252,699 252,fi06 - 240,D00 - -4.99%
<br />20,211 20,21� __1Q0.00%
<br />$ 3,777,56�4 $ 3,7fi9,482 $ 3,917,217 $ 3,917,217 $ 1,672,487 $ 4,057,626 $ - 3.5&%
<br />Fund Balance - January 1 2,145,930 2,120,329 2,o62,962 2,062,952 � 2,D62,962 2,042,962
<br />F�ccess Reaenue O+,er E�enditure 25 001 57 367 20 oU0 20 000 1 324 272 �
<br />Fund Balance - December 3t $ 2,12D,929 $ 2,062,962 $ 2,042,9s2 $ 2,Ok2,9b2 $ 738,689 $ 2,042,96T
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