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<br /> ~r <br /> CITY OF ARDEN HILLS <br /> e MEMORANDUM <br /> DATE: July 15, 1996 <br /> TO: Brian Fritsinger, City Administrator <br /> FROM: Terrance Post, City Accountant ~ <br /> SUBJECT: 1997 Bud!!et Work Session Discussion <br /> Due to my missing the last Council work session when the capital budget was presented, I <br /> thought it would be beneficial to reaffirm some of the key assumptions / Council direction <br /> underlying the 1997 budget process. Staff will be preparing detailed department line item <br /> budgets for City Administrator review by the end of July. This "first cut" budget summarization <br /> will be formally presented to Council at the August 19, 1996 work session. <br /> Key Assumptions / Council Direction <br /> 1. Overall <br /> I Prepare a budget based upon a zero percent 1997 tax levy increase. Identify and <br /> prioritize incremental spending options that would, at a maximum level, increase the <br /> 1997 levy by three percent (3.0%) over the adopted 1996 levy. This level of net levy <br /> increase after HACA would amount to some $53,830. <br /> - 2. Capital Budget <br /> ~ The proposed capital budget presented at the June 17, 1996 work sessions can be <br /> - summarized as follows with respect to capital spending impacting the tax levy (i.e. <br /> General Fund only). <br /> I 1996 1997 <br /> Department Budget Proposed Variance <br /> I Administration $ 20,250 $ 55,000* $ 34,750 <br /> Public Works 230,500 * * 238,400*** 7,900 <br /> Parks 45.000 15.500 ( 29.500) <br /> I Total 101 Capital $295.750 $308.900 $13.150 (4.4%) <br /> * Includes $50,000 for mandated Comprehensive Plan update. <br /> I *. Includes $150,000 for participation in 1996 PMP projects and $85,000 to replace <br /> Ford plow truck. <br /> Ie .** Includes $150,000 for participation in 1997 PMP projects and $55,000 to replace <br /> Elgin Sweeper (Note: The SWM Fund is also budgeting $55,000 for 50% of Sweeper <br /> replacement cost. <br /> I <br /> I <br />