2002-09-19 CC Worksession - Laserfiche WebLink

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. . . City of Centerville Narrative for 2003 Proposed Budget Second Draft August 19, 2002 Attached is the second draft of the budget for the General Fund, Special Revenue Funds, Debt Service Funds and Capital Projects Funds for the City of Centerville. This report is intended to describe any significant changes to the first draft of the budget. Capital Outlay expenditures were difficult to compute without a current capital improvement plan. Therefore, much discussion and work should be focused in that direction. The following changes were made to the first draft budget: Tax Levv At the request of the council, the general tax levy was reduced to the same level as last year. If council desires to increase or decrease this amount, adjustments can be made to other areas of the budget to compensate. The levy limit certification from the Department of Revenue has not been received yet. We are currently reviewing tax capacity information from Anoka County. Staff Increase At the request of council, the additional maintenance employee was eliminated from the Public Works budget, resulting in a reduction of$53,728 to the total budget (P.W., Parks, Water, Sewer, etc.) Similarly, the Parks Program budget was reduced by the amount of$2l,269 by eliminating the full-time park intern and replacing it with a part-time position. The six-month position will cost the city approximately $15,000. Administratiou of Enterprise Funds This item was not changed, but the issue has not yet been discussed. The amount of $3] ,840 was budgeted last year in the General Fund for the administration of Enterprise Funds (Water and Sewer). These funds have not yet been transferred for this year. Ifit is still the council's intent to do so, transfers should be made from the Sewer and Water Funds before year-end. We have included the amount of $30,000 in the 2003 budget, to be split equally between the Water and Sewer Funds. If council desires to continue this practice, it may be more appropriate to classify the revenue from the transfer as an operating transfer. State Aids The Local Goverrunent Aid certification has been received. Revenue was increased by $4,413 to reflect the increase in LGA over last year's amount. Likewise, the budget was increased by $1,333 upon receipt of the PERA Aid certification. Police State Aid was increased by $1,000; however, the certification has not yet been received.