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Page 1 of 2 <br /> <br /> <br />DATE: April 27, 2015 <br /> <br />TO: Honorable Mayor and City Councilmembers <br /> <br />FROM: Patrick Klaers, City Administrator <br /> Sue Iverson, Director of Finance and Administrative Services <br /> <br />SUBJECT: 2016 Preliminary Budget Discussion <br /> <br /> <br /> <br />Background: <br /> <br />City staff is beginning the process of developing a Preliminary 2016 Budget. As we progress <br />forward and take the necessary steps, staff needs general direction and guidance from the <br />Council with regard to changes for the coming year. <br /> <br />As of this time, we are not under levy limits for 2016. <br /> <br />Discussion: <br /> <br />Preliminarily, staff has identified a number of factors that will influence the 2016 Budget. Some <br />are identified as follows: <br /> <br /> Tax Levy – what is the Council’s comfort level? Last year it was a 3.1% increase. A 1% <br />levy increase translates to approximately $35,000. <br /> Overall budget changes – preferences/limits? <br /> Personnel – any additions that you would like to see? <br /> Salaries and Benefits. We are currently undergoing a Compensation Study which the <br />Personnel Committee is reviewing. Council direction on implementation of the study <br />will help establish the salaries and benefits for 2016. <br /> Employee benefits costs (health and dental). This is also being discussed with the <br />Personnel Committee as part of the Compensation Study. We do not have preliminary <br />numbers for the 2016 costs yet, but will be getting these in the next few months. The <br />City participates in the Lake Country Service Cooperative health insurance pool. There <br />are about 60 City, County and other Governmental Agencies that participate in this pool. <br />In 2013 the City discontinued the Co-Pay Plan and added another high-deductible plan <br />NEW BUSINESS – 9A <br /> <br /> <br />MEMORANDUM <br />