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<br />Actual Actual Budget Amended YTD Preliminary % Change
<br />FY 2015 FY 2016 FY 2017 FY2017 9/30/2017 FY 2018 17 vs 18
<br />Revenues
<br />Taxes
<br />Taxes 3,203,004 3,260,537 3,671,390 3,671,390 1,904,025 3,795,042 3.37%
<br />Licenses and Permits 518,845 598,687 347,330 347,330 580,694 324,600 -6.54%
<br />Other Intergovernmental 130,023 131,914 145,788 145,788 90,632 133,179 -8.65%
<br />Charges for Services 686,443 700,865 573,865 573,865 379,156 585,704 2.06%
<br />Fines & Forfeits 32,792 31,868 36,500 36,500 14,439 34,000 -6.85%
<br />Special Assessments 1,316 1,332 3,000 3,000 1,158 2,000 -33.33%
<br />Miscellaneous 90,137 77,786 82,424 82,424 78,568 65,006 -21.13%
<br />Transfers - - - - - - 0.00%
<br />Total Revenues 4,662,559$ 4,802,989$ 4,860,297$ 4,860,297$ 3,048,671$ 4,939,531$ 1.63%
<br />Expenditures by Category
<br />Personal Services 1,328,172$ 1,150,325$ 1,543,802$ 1,543,802$ 765,733$ 1,425,726$ -7.65%
<br />Materials and Supplies 138,501 148,694 160,284 160,284 70,902 117,846 -26.48%
<br />Other Services and Charges 2,379,419 2,866,448 3,012,167 3,012,167 2,244,905 3,213,184 6.67%
<br />Capital Outlay - - - - - - 0.00%
<br />Transfers 80,000 775,121 340,000 340,000 340,000 420,000 23.53%
<br />Contingency/Reserves - - - - - - 0.00%
<br />Other Financing Uses - - - - - - 0.00%
<br />Total Expenditures 3,926,091$ 4,940,588$ 5,056,253$ 5,056,253$ 3,421,540$ 5,176,756$ 2.38%
<br />Fund Balance - January 1 2,345,942 3,082,410 2,944,811 2,944,811 2,944,811 2,748,855
<br />Excess Revenue Over Expenditure 736,468 (137,599) (195,956) (195,956) (372,868) (237,225)
<br />Fund Balance - December 31 3,082,410$ 2,944,811$ 2,748,855$ 2,748,855$ 2,571,943$ 2,511,630$
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<br />The largest drivers for the increased expenditures in the 2018 budget are listed below:
<br />
<br />• Addition of a Public Works Working Foreman ($46,568 General Fund / $103,485 total)
<br />• Increased Transfer to the EDA General Fund ($120,000 in 2018)
<br />• Addition of a Transfer to the Public Safety Capital Fund ($50,000 in 2018)
<br />• Increase in Ramsey County Sheriff Police Contract (1.27% or $15,000)
<br />• Increase in Lake Johanna Fire Department Fire Services Contract (5.74% or $29,500)
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<br />Staffing
<br />
<br />The budget has been prepared assuming a 2.10% COLA for both union and non-union staff.
<br />This amount may change for union staff as final negotiations are completed for their bargaining
<br />unit agreement. As the Council continues to make personnel decisions, the total personnel and
<br />benefit cost is projected to remain flat, or a 0% change from 2017. The below table shows a
<br />comparison of surrounding cities’ projected COLA changes.
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