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<br />98 Levy Impact: <br />99 Based on what you know at this point, do you have preliminary thoughts on the level <br />100 of levy increase you would consider acceptable in order to support current and <br />101 expanded service levels? <br />102 Strategic Direction: <br />103 Are there specific Strategic Plan goals or initiatives that you believe should guide <br />104 staff as we evaluate competing budget priorities? <br />105 Finally, staff will remind the Council of the status of the unrestricted cash reserve levels in <br />106 the City’s discretionary operating funds as of 12/31/24, including the transfers of ‘excess <br />107 ’ into the established Cash Reserve Fund. <br />108 <br />109 <br />110 <br />111 The Council is reminded that the cash reserve levels depicted above represent a snapshot <br />112 in time and are fluctuating on a daily basis. They are not an indication of what our reserve <br />113 levels will be at year-end. With regard to the monies held in the Cash Reserve Fund, the <br />114 City Council can determine whether they want to redeploy the funds for budgetary <br />115 purposes or retain them for other priorities and service delivery. The 2025 budget has <br />116 allocated $525,000 from the Cash Reserve Fund to the following CIP funds: <br />117 <br />118 $200,000 Police Vehicle & Equipment Fund <br />119 $150,000 Public Works Vehicle & Equipment Fund <br />120 $100,000 Pathway & Parking Lot Fund <br />121 $ 50,000 Parks & Recreation Vehicle & Equipment Fund <br />122 $ 25,000 Street Light Maintenance Fund <br />123 <br />124 After these transfers, the Cash Reserve Fund will have a balance of $840,927. <br />125 <br />126 Policy Objectives <br />127 This discussion directly supports the Strategic Plan’s commitment to fiscal sustainability, <br />128 community safety, and operational excellence by ensuring that limited resources are <br />129 aligned with Council priorities, public expectations, and the city’s long-term vision. It also <br />130 reflects the city’s value of Accountability, by fostering transparent dialogue about what is <br />131 possible and what may need to shift in a challenging budget year. <br />132 <br />133 Equity Impact Summary <br />Page 4 of 5 <br />Qbhf!82!pg!488 <br /> <br />