CCP 08-12-1996 - Laserfiche WebLink

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~ -I Memorandum _I August 12, 1996 Budget Worksession Page 2 . The proposed 1997 Street Maintenance Department includes a similar large capital item - fifty . percent of the acquisition costs ofa sweeper at $55,000. This 1997 alternate would recommend a $50,000 operating transfer in from the Capital Equipment I Fund. This action would result in an essentially balanced 1997 General Fund budget ($1,793 deficit). Under this scenario, revenues would be increasing 4.43% ($2,412,512) and expenditures 4.68% ($2,414,305). I 1997 Bud~et Observations It is interesting to note that three, non-city of Arden Hills initiated cost elements are driving over I 100% of the entire 1997 General Fund expenditures increase. Specifically, the $50,000 estimated in the Planning and Zoning Department for a State mandated Comprehensive Plan Update, the $30,029 estimated in the Police Protection Department for Ramsey County Sheriff Contract Cities I costs, and the $48,000 estimated in the Street Maintenance Department for the Cleveland Avenue bridge reconstruction total $128,029 or 123% of the total General Fund increase ($104,420). . My intention is to "walk through" the elements of the General Fund budgets and revenue estimates with the Council and answer any questions they may have at this point in the budget process. .. I I I I I I I -- I