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Memo - City Council
<br />2014 Proposed Preliminary Budget and Tax Levy
<br />7
<br />Revenues
<br />
<br />All revenue items were evaluated based
<br />General Fund Revenues
<br />on current economic conditions and past
<br />Property Tax Levy$ 97,797
<br />trends. The most notable item is the
<br />Fines and Forfeits (7,000)
<br />Council directed levy increase of 3%
<br />Forfeits (1,500)
<br />which equates to $97,797 in revenue.
<br />Interest Income 30,000
<br />Highway Patrol Fines have been
<br />Other Misc Adjustments 1,915
<br />decreased 30.4%, and Forfeits have been
<br />$ 121,212
<br />decreased by 75%, mostly due to all the
<br />road construction in our City on major
<br />transportation routes. Interest revenue has increased 85.7% interest rates have been improving.
<br />
<br />
<br />Expenditures
<br />
<br />In 2012, the TCAAP department was established as GASB 54 regulations would no longer allow
<br />this to be a special revenue fund. The City has entered into a joint powers agreement with
<br />Ramsey County and has established a Joint Development Authority (JDA) to oversee TCAAP
<br />redevelopment projects. City staff provides some support for the JDA. Some salary allocations
<br />have been changed to account for this support including time from the City Administrator,
<br />Community Development Director, and Public Works Director. Other costs are place holders at
<br />this time. This department has the largest increase of any general fund department with 146.24%
<br />or $73,118 in increases; however, many of these dollars were formally in other department
<br />within the General Fund.
<br />
<br />Public Safety is increased by $67,117 for
<br />General Fund Expenditures
<br />increases in the Fire Contract ($16,465,
<br />Salary & Benefits$ 8,060
<br />3.97 which includes
<br />Public Safety Contract Incr. 67,117
<br />animal control except for Hillcrest Animal
<br />Fin & Admin Svcs Intern (17,224)
<br />Hospital charges ($41,067, 4.06%), Hillcrest
<br />Fin & Admin Svcs part-time position 6,671
<br />Animal Hospital ($1,300, 185.71%), and 911
<br />Planning & Zoning Intern 20,003
<br />Dispatch Services ($8,285, 15.91%).
<br />Aministration transfers to TCAAP (22,693)
<br />
<br />Planning & Zoning trans to TCAAP (28,531)
<br />Finance and Support Services is proposing to
<br />Curb & Sidewalk repair 10,000
<br />add an additional 0.5 FTE part-time position
<br />Additional transfer to Equipment Fund 10,000
<br />to help with utility billing, payroll, accounts
<br />TCAAP Expenses 73,118
<br />payable, agendas, records retention, and
<br />Other Misc Adjustments 12,180
<br />website duties. This position will be split
<br />$ 118,698
<br />between the General Fund, Water, Sewer, and
<br />Surface Water with each receiving 25% of the
<br />costs. In order to add this position, the interns
<br />(1.5 FTEs) have been removed from this budget. The cost to each fund for this position is
<br />$6,671 ($26,685 total), as opposed to the intern positions in the General Fund at $17,224.
<br />(Although it should be noted that the net effect to the General Fund is a $70 savings as the intern
<br />position is currently allocated out to other funds as an administrative charge.)
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