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Memo - City Council <br />2015 Proposed Preliminary Budget and Tax Levy <br />4 <br />% <br />Year Tax Levy Change Tax Rate <br />2002 2,201,002$ -25.092% <br />2003 2,265,712$ 2.94%23.930% <br />2004 2,333,337$ 2.98%23.367% <br />2005 2,440,453$ 4.59%21.299% <br />2006 2,537,520$ 3.98%20.191% <br />2007 2,688,944$ 5.97%20.206% <br />2008 2,797,348$ 4.03%19.585% <br />2009 2,948,646$ 5.41%20.520% <br />2010 3,016,465$ 2.30%22.647% <br />2011 3,040,964$ 0.81%24.180% <br />2012 3,096,994$ 1.84%25.544% <br />2013 3,191,230$ 3.04%27.931% <br />2014 3,257,456$ 3.05%27.954% <br />In 2009 the LJFD duty crew implementation began, while 2010 and 2011 saw the unallotment of <br />the MVHC to cities. The City Council has been very conservative in budgeting and has reduced <br />department budgets or used reserves to deal with the increased costs of our contracted services <br />while still maintaining services the last few years. <br /> <br /> <br /> <br />OPERATING BUDGET <br /> <br />Salary and Benefits <br /> <br />The 2015 preliminary budget is currently being prepared assuming a 2% wage adjustment for <br />non-union staff and a 1.5% wage adjustment for union staff. In surveying surrounding <br />communities most have included a 1.5% - 3.0% COLA increase in their preliminary estimates. <br />The results from the City Council authorized market and pay equity study should be available <br />before the Council approves the final budget. <br /> <br />General Fund <br /> <br />Revenues and expenditures are shown in the following table. We have highlighted the 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 funds pages of the budget document.