2B, 2011 Budget Preliminary Overview

Home Browse Search

E N HILLS MEMORANDUM DATE: August 16, 2010 Item 2.13 TO: Mayor and Council Members FROM: Patrick Klaers, City Administrator Sue Iverson, Finance Director/Treasurer SUBJECT: 2011 Budget Preliminary Overview The proposed 2011 operating budget reflects an effort to manage expenditures in a way that g p y maintains current municipal service levels while reflecting the current fiscal environment including the general economic conditions and the State budget deficit. General Fund Budget General Fund Expenditures The proposed 2011 General Fund expenditures are $3,946,197. This is an increase of$73,839, or 1.91 % over the 2010 amended budget. (No contingency has been included in this budget). We are still working on determining the City's levy limit and will have that for you at the worksession on Monday evening. The General Fund budget reflects an effort to limit discretionaryexpenditures in all areas.ex en p Numerous expenditure items are at a zero increase. The budget reflects a 3% adjustment to the g � pay schedule for both non-union and union i staff. (The union contract is u to be negotiated for p 2011, last year they received a 3% increase while non-union employees received 0% COLA). Staff is still working the budgets and estimates, this is a preliminary estimate and staff p y will have prepared books and analysis for you at the Monday worksession. Most data that we need is not yet available or we have just received in the last day or so. Tax Levy , Levy Limit and Impact on Pro-pert Pro-perty Owners We are waiting for information from RamseyCount to calculate this impact. We hope Y p to have some preliminary numbers from them on Monday. Y