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07/13/2015 <br /> 2016 City Manager <br /> Recommended Budget <br /> • Property Tax Supported Budget <br /> Total Proposed Levy: $18,944,720 <br /> Increase of$667,818 or 3.65%over 2015 levy <br /> Of levy increase: <br /> $398,000 or 60%of levy increase going towards planned capital <br /> spending. <br /> - $269,818 or 40%of levy increase going towards operating budget. <br /> r <br /> Levy Increase: 4 n- <br /> 2016 City Manager <br /> Recommended Budget <br /> 2016 Levy Increase <br /> Capital Spending Budget- $398,000 of new spending that will <br /> increase funding in the following areas <br /> $150,000 for the Pavement Management Program (PMP) <br /> $160,000 for the Park Improvement Program (PIP) <br /> $63,000 for Facilities <br /> $25,000 for Pathways <br /> Operating Budget- $269,818 of increased costs primarily <br /> reflecting inflationary cost increases for supplies and services, <br /> employee cost of living adjustment of 2%, planned employee <br /> wage step increases, and increased costs for health care. ;. <br /> 5 <br />