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Memorandum
Date: August 26, 2020
To: Honorable Mayor and City Council Members
Through: Mark R. Statz, City Administrator/City Engineer
From: Bruce DeJong, Finance Director
Item: 2021 General Fund Budget and Property Tax Levy Discussion
City staff have reviewed the preliminary budget for 2021 in light of the previous
discussions and incorporating new information. As you can see in the table, there are a
number of items that are still not finalized.
Budget Change
General Fund
Revenue
Change
General Fund
Expenditure
Change
Notes
Wage & Step Incr
(Union contract to be
negotiated)
—$22,700
Included in
Council Misc
& depts
Local Government Aid
($.7,629)
Released Aug 3
Fire Contract
—$10,000
Finalize on 8/27
Police Contract (based
formula adjustment)'
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i i I�,.0)
Final
Legal Expenses
$3,000
Audit
$900
LMCIT Insurance
$7,000
Copier Lease
$ „ 500)
Water Tower Antenna
$3,000
Fire Hall Lease —
Ambulance
$7,200
Gambling Tax
($3 500)
Police State Aid
$6,000
Assessing Contract
$1,600
Fire Aid
$5,000
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Public Works — Salt
$2,500
Contractual Subtotal
$5,071
$38,800
Elections — Operations
($9, i..30)
Equipment Transfer &
EDA Transfer
$5,000
$6,400
Fines
($2 000)
Building Permits
($20,000)
Recycling
$2,000
Miscellaneous
$200
Capital Project
Contingency
$50,000
City Controlled
$22"„00
$54,470
Total Budget Change
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$43,270
$110,199
Debt Service Levy
1,1 9 ° ,,,Iii„
Total Levy Change
$31,125
We have gone through the individual department budgets in detail. We have
incorporated prior year spending adjustments and made some additional estimates of
what needs to be budgeted for each line item based on price changes or expectations.
There may be additional minor changes as we proceed with the budget through the
preliminary adoption in September.
This levy change of $31,125 represents an increase of 1.14% over the 2020 tax levy. If
this levy is adopted on a preliminary basis, it may be reduced, but not increased when the
final levy is adopted in December. With the new property value that is coming online
from Ruffridge Johnson, this may not even translate into a tax increase on the average
home in Centerville.
Staff is happy to discuss budget issues and answer questions at any time with council,
property owners, and residents. After this discussion, staff will bring back a full budget
for preliminary adoption on September 23. At this meeting staff is looking for additional
feedback from the City Council regarding other revenue or expenditure changes.