2022-07-27 CC Packet - Laserfiche WebLink

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Expenditures Police Contract Fire Contract Engineering Fees Park Maint Miscellaneous Admin Wages Park Maint Lawn Mowing Fire Relief Aid Admin Professional Srvs P & Z Engineering Fees Park Maint Wages Park Professional Service Fete Des Lacs Admin Liability Insurance Election Wages City Hall Capital Outlay Other Misc Exo Chana( 44,567 Per CLPD preliminary budget 24,230 Per CFD preliminary budget 15,000 Match recent experience 15,000 Enhanced Park Maintenance 14,600 COLA & step increases 7,800 Match recent experience 7,000 Match recent experience - pass through 6,500 4,800 4,700 4,000 4,000 (7,000) (13, 500) (40, 000) 11.283 Metro I -net Increase Match recent experience COLA & step increases More programming More programming Match recent experience No election in 2023 Done with City Hall remodel Total Expenditure Change 102,980 Expenditure Increase These changes lead to a required General Fund tax levy increase of $120,239 to balance the budget. The other component of the total tax levy is debt service levies. With the consensus of the council from our last meeting to use accumulated fund balance in the debt service funds, the debt service levies drop $17,790. The net levy required to fund all city services for 2023 is $102,449. This is 3.6% higher than the 2022 certified levy. We see this as a reasonable preliminary budget. Please remember that with new construction in the community, most parcels will see a lower tax increase than the 3.6% levy increase. Since there is more value the increase will be spread over a wider tax base. Staff would like the council to review this draft in detail with an eye toward any additional adjustments that members might like to see. We are ready to discuss the details behind each line item and to look at the big picture with City Council members, citizens, and business owners in the community.