CCP 12-11-2006 - Laserfiche WebLink

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. Memo 2006 Proposed Budget l\'lemo 2 After the adoption of the linal budget and thc finallcvy on December 1 1, 2006, the City will . certi fy the finallcvy amount to the County befon~ the end of the year. As part of the annual budget and levy adoption process, Council is also asked to approve thc Special Levy for the Karth Lakc District, the 2007 Employec Compensation Plan, and the 2007 City contribution for employee benefits. The cxisting 2006 compensation plan has been adjusted ('or a 2. 75(J/~ increasc as per prcvious Council dircction, and this amount was calculated into the proposed 2007 budge\. The employee contribution rate of 5615 per month pcr cmployee has also bccn calculated into the proposcd budget. RECOMMENDED ACTION StaIr recommends that the Council approvc the 2007 budget, tax Icvies, cmployee compensation plan, and cmployee bene/it contribution as per the following Resolutions: I. Rcsolution No, U6-56: Adopting the proposed 2007 Budget in the amount 01'$8,846,304; 2. Resolution No. 06-57: Setting the Final Lcvy for Taxes Payable 2007 in the amount of 52,675,161: " Resolution No. O()-58: Setting the Special Levy for the Kartll Lakc District in the .) . amount of513,782.67; 4. Resolution No. 06-59: f\pproving the 2007 Employee Compensation Plan; 5. Resolution No. 06-60: Approving the 2007 City Contribution to Employee Monthly . Benefits at the amount of $() 15 per month, per employee. Attachments: Proposed 2007 Budget 2007 Budget Highlights Resolution No. O()-56 Resolution No. 06-57 Resolution No. 06-58 Resolution No. 0()-59 Resolution No. 06-Cl() .