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Attachment E 391 have been increasing our wellness offerings over the past couple of years, the 2023 budget 392 expands the resources available. The use of ARPA funds in 2023 allows the city to bridge the 393 increase in resources to allow for this program to be absorbed into the city property tax levy. 394 395 ARPA – Metro-INET increase $100,000 (No tax levy impact) 396 Metro-INET provides computer desktop and network support to Roseville (and 35 other local 397 government agencies). In 2021/22 Metro-INET separated from Roseville and became an 398 independent joint powers authority governed by a board of member agencies. Due to a need to 399 cover new administrative governance costs, increasing licensing fees, and the need to add staff to 400 address cybersecurity and networking needs and concerns, the Metro-INET Board adopted an 401 increased budget for 2023. The increased costs were distributed to all member agencies based on 402 number of users. Roseville, being the largest user group, received an increase of $133,257 for 403 2023. The use of ARPA funds in 2023 allows the city to bridge the increase in costs to allow for 404 the costs of the services to be absorbed into the city property tax levy. 405 406 Use of Reserves 407 408 General Fund Reserves 409 At the end of 2021, the city had a General Fund Reserve level of 46%. City policy statesthe 410 General Fund Reserve level should range between 35% to 50% of the city’s annual operation 411 budget. Given the good standing of the General Fund Reserves, the 2023 budget will allocate a 412 portion of these reserves to fund one-time or infrequent expenditures planned for 2023. It should 413 be noted that the General Fund Reserve will only be used for actual costs for these projects. The 414 dollar amounts listed below are estimates. The projects include: 415 416 General Fund – Compensation Study $130,000 (No tax levy impact) 417 The city last completed and implemented a compensation study in 2013. Given the length of time 418 since the last study and the need to stay competitive in a difficult labor market, a compensation 419 study is needed to make sure we compare favorably to other public sector agencies. The dollars 420 allocated are for the study and any initialwageadjustments. Further costs can be anticipated in 421 2024when the compensation plan will be more fully implemented. 422 423 General Fund –Recodification $60,000 (No tax levy impact) 424 Recodification of the City Code into an online format was included in the 2022 city budget and 425 funded by the use of General Fund Reserves. It is currently planned to begin the work late this fall 426 and it is expected that the work will continue into 2023. Therefore, dollars are being allocated 427 from the General Fund Reserve to pay for the work that will be done in 2023. 428 429 General Fund - Strategic Plan $30,000 (No tax levy impact) 430 As an outcome of the current city-wide visioning process, it is anticipated that the city will create a 431 strategic plan to implement the results of the visioning process. General Fund Reserve dollars are 432 allocated to pay for a consultant to assist the city in creating the strategic plan. 433 434 With these projected uses of General Fund Reserves in the 2023 budget, itis estimated that the 435 fund balance will be in the 40-42% range assuming the fund does not experience any major 436 unanticipated expenditures in 2022. 437