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In general, all categories of expenditures have been minimized or reduced. <br />Personal Services shows an increase of 8.120, primarily due to a 7.89%, or <br />4188,509 increase in regular salasies. <br />The increase in Current F,xpenditures can be traced primarily to increases in <br />P4etro Sewer Board charges, St. Paul water charges, and energy costs. <br />CaPital F.xpense has decreased by $54,847, or 10.60% for 1983. A reduction <br />in the City's revenue sharing entitlement from Q185,000 in 1982 to 4147,000 <br />in 1983 accounts for a large portion of the decrease in Capital Expense. <br />The Capital Gxpense category includes �50,000 for park improvements, and ,Q90,755 <br />for vehicle replacement. <br />The reduction in Debt Service is a result of no new bonds being sold and existing <br />bond payments being reduced. <br />Conclusion <br />The recessionary economic climate and uncertainty concerning levels of State <br />Aids have brought about an austere 1983 budget. Operational budgets are at a <br />minimum, and some reduction in service levels may result. The affect of the <br />reductions should not, however, be readily discernible to the citizens. The <br />overall effect of the 1983 budget on the average homeowner will be an increase <br />in City taxes of approximately 2,6o. <br />The staff will provide additional information as requested. Certification of <br />the levy must be made to the County Auditor by October 11, 1982. <br />Respectfully submitted, <br />J <br />� ' a?u'�.� i-G�l.-e__ <br />James F.`Andre, <br />City P4anager <br />JFA:lmb <br />Attachment <br />