|
i
<br /> IMemo- Ci ty Council
<br /> 2013 Proposed Final Budget and Tax Levy
<br /> I5
<br /> OPERATING BUDGET
<br /> Salary and Benefits
<br /> The 2013 preliminary budget was prepared assuming a 2% wage adjustment for non-union staff
<br /> and a 0% wage adjustment for union staff as it is unknown what our costs will be as our union
<br /> contract is up on December 31, 2012 (Monies have been set aside in contingency for this
<br /> purpose). As previously discussed with the City Council, in surveying surrounding communities
<br /> most have included a 1.5% - 3.0% COLA increase in their preliminary estimates (the majority
<br /> using 2.0%). Each 1% of COLA wage increase has approximately a $8,557 impact on the
<br /> General Fund.
<br /> The budget also assumes no increase in the City's contribution to health and dental insurance
<br /> contribution from last year. In 2008,the City added a high-deductible HSA plan which has been
<br /> helping to keep our costs low; in 2011 we saw a decrease of 13.1%, so there was no increase in
<br /> the City contribution in 2011; 2012 was a 3.6% increase (the lowest rate they could give us by
<br /> law) and this year's increase is also the lowest increase they could give us by law. Due to this
<br /> success and per Council direction we have discontinued the Co-Pay Plan for 2013 and added a
<br /> second HSA plan with an embedded deductible which is allowing us to keep costs down further
<br /> so we will not need to increase the City's contribution. Dental has increased by 3.5%. Short-
<br /> term Disability, Long-term Disability, and Life Insurance rates will remain the same as 2012.
<br /> General Fund
<br /> Revenues and expenditures are shown in the table below. We have highlighted items that impact
<br /> the tax levy and proposed budget on the next page to give you a brief overview. More detailed
<br /> commentary is found in the department and fund pages of the budget document.
<br /> City of Arden Hills
<br /> General Fund
<br /> Actual Actual Budget Amended Year To Date Proposed %Change
<br /> FY 2010 FY 2011 FY 2012 FY2012 10/31/2012 FY 2013 12 vs 13
<br /> Revenues
<br /> Taxes
<br /> Taxes 2,867,028 2,913,248 3,126,555 3,126,555 1,5 ,184 3,220,791 3.0%
<br /> 69
<br /> Licenses and Permits 255,265 429,279 256,850 256,850 367,412 260,525 1.40/6
<br /> Other Intergovernmental 118,981 126,691 115,582 115,582 78,955 115,867 0.29/6
<br /> Charges for Services 388,687 491,548 425,546 425,546 286,644 417,482- -1.9%
<br /> Fines&Forfeits 27,013 29,151 45,462 45,462 11,881 40,301 -11.4%
<br /> Special Assessments 442 210 210 1,030 2,769 1218.6%
<br /> 1.7%
<br /> Miscellaneous 52,879 216,803 73,922 73,922 89,704 72,673
<br /> 0.0%
<br /> Transfers
<br /> Total Revenues $ 3,709,854 $ 4,207,161 $ 4,044,127 $ 4,044,127 $ 2,404,810 $ 4,130,408 2.1%
<br /> Expenditures by Cateoory
<br /> Personal Services $ 1,358,507 $ 1,326,431 $ 1,336,195 $ 1,336,195 $ 1,055,068 $ 1,381,493 3.4%
<br /> Materials and Supplies 226,136 206,303 125,850 125,850 172,469 140,150 11.44%
<br /> Other Services and Charges 1,931,963 2,033,269 2,342,081 2,342,081 1,771,705 2,384,864 0.0%
<br /> Capital Outlay
<br /> Transfers 252,600 252,600 240,000 364,955 364,955 240,000 -34.2%
<br /> 4,354 0.0%
<br /> Contingency/Reserves
<br /> $ 3,769,207 $ 3,818602 $ 4,044,126 $ 4,169,081 $ 3,364,197 $ 4,150,861 0.4%
<br /> Total Expenditures
<br /> FundBalance-January/ 1,822,260 1,762,907 2,151,335 2,151,335r 2,151,335 2,026,381
<br /> Excess Revenue Over Expenditure 59,353 388,558 1 (124,954) (959,387) (20,453
<br /> Fund Balance-December 31 $ 1,762,907 $ 2,151,335 $ 2,151,336 $ 2,026,381 $ 1,191,948 $ 2,005,928
<br /> -7-
<br />
|