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<br />\ <br /> <br />2 <br />November 13, 2002 <br />Memorandum: Suggested Changes to Proposed 2003 Budget Adopted September 9, 2002 <br />(Resolution No. 02-45) <br /> <br />. <br /> <br /> <br />$1,700 <br />$173 <br />$28 <br />$0 <br />$14,426 <br />($3,532) <br /> <br />The current estimate of $678,131 for 2003 contract police protection services is $7,468 higher <br />than was estimated in the proposed 2003 budget ($670,663). <br /> <br />Emplovee Benefits <br />A. Insurance Benefits to Regular Part-Time Employees. <br />2003 General Fund Balance Impact: ($509) <br /> <br />Extending prorated health/dental insurance benefits is now estimated to have an $2,544 <br />impact on the 2003 budget - of which $509 will be in the General Fund and $2,035 in the <br />Enterprise Funds. . <br /> <br />B. City Paid Life/STD/LTD Benefits Costs. <br />2003 General Fund Balance Impact: ($4,390) <br /> <br />A new account number (#1310) has been created to capture City paid life, short-term <br />disability (STD), and long-term disability (LTD) insurance benefit costs for <br />Administrative and Operations and Maintenance (O&M) employees. Although these <br />benefit costs have been City paid for full-time administrative employees - only base STD <br />costs were City-paid until a 2001 labor union settlement included base life insurance and <br />LTD for O&M employees. The estimated 2003 total cost of these benefits is $7,725 of <br />which $4,390 will be in the General Fund and $3,335 in other funds. <br /> <br />Recreation Fund Scope of Services <br />2003 General Fund Balance Impact: ($1,425) <br /> <br />The elementary school track program has been removed. The impact is a $7,960 reduction in <br />revenue and expenditures from $150,695 to $142,735. This item caused a $1,425 increase in <br />allocated administrative salary costs in the Administration Department of the General Fund from <br />$318,210 to $319,635. <br /> <br />. <br />