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<br /> I' i , <br /> ~. CITY OF ARDEN HILLS <br /> MEMORANDUM <br /> I <br /> DATE: September 5, 1996 <br /> I <br /> TO: Brian Fritsinger, City Administrator <br /> I FROM: Terrance Post, City Accountant @ <br /> I SUBJECT: Preliminarv Pavable 1997 Levv <br /> Background <br /> I Staff has been developing, reviewing and summarizing the proposed 1997 budget throughout the <br /> summer. At the outset of this process, Council gave general direction to staff with regards to pay <br /> plan assumptions, capital plan items and net levy percentage increase expectations. <br /> I. At this stage in the budget process, a levy after HACA payable in 1997 of $1 ,829,320 is being <br /> proposed. This preliminary levy represents a 1,95% or $35,000 increase over the comparable <br /> I payable 1996 adopted levy. The following table analyzes the need for this level of increase by <br /> summarizing changes in other revenue categories as well as related expenditures by function. <br /> .. <br /> I 1996 Proposed Change <br /> General Fund Revenue Budl!:et 1997 Amount Percent <br /> I · General property taxes $1,732,450 $1,770,250 $37,800 2.2% <br /> · Intergovernmental 256,007 291,842 35,835 14.0% <br /> · Licenses & Permits 156,650 186,250 29,600 18.9% <br /> I · All other 164.985 169.670 4.685 2.8% <br /> Total Revenue $2.310.092 $ 2.418.012 $ 107.920 4,7% <br /> I General Fund Expenditures <br /> · General Government $534,535 $559,995 $25,460 4.8% <br /> I · Public Safety 879,201 920,625 41,424 4.7% <br /> · Public Works 380,960 481,190 100,230 26.3% <br /> · Parks & Recreation 300,525 275,445 (25,080) (8.3%) <br /> I · Other Financing Uses 211.050 182.550 (28.500) (13.5%) <br /> Total Expenditures & Other Uses $2.306.271 $2.419.805 $113.534 4.9% <br /> I <br /> " <br /> I <br />