1999-10-27 Packet - Laserfiche WebLink

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phase in shall occur. To further clarify the formula and their intended relationship, specific examples of the formulas are attached as Appendix A. SECTION VII BUDGET 7.1 Established Budgets. The cities hereby agree that the intended amount cities will contribute to fund the police budget per year is as follows: 2000 - 1,168,190 2001 - 1,241,583 2002 - 1,314,178 2003 - 1,336,009 7.2 Police Commission Budget Process. The Chief of Police shall submit a budget to the Police Commission by July 1st of each year. The Police Commission shall then review the proposed budget and make a recommendation to the member cities by August 1st. Each city shall have until September 15 to accept the budget. If all member cities have not accepted the budget by September 15th, in the appropriate year, the Police Commission will make an attempt to resolve outstanding issues and shall report back by October 31st . The cities will then have from October 31 to November 30 to approve the proposed budget. All new budgets must be agreed to by all member cities, to become effective. 7.3 Base Budget. If, by November 30 , the cities in the District are unable to mutually agree on the proposed budget for the upcoming year, the amount of the previous years operating budget will be increased by the lesser of the following: (a) The increase in the July to July, Minneapolis and St. Paul Consumer Price Index for All Urban Consumers (CPI) for the period ending most immediately prior to the commencement of the budget year over the same index for the previous year. or (b) The increase in the most restrictive levy limit applicable to the budget year placed on any of the member cities over the levy limit for that member municipality for the prior year. In the event (a) or (b) decreases, the operating budget shall remain the same. 8