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The objectives of this budget are: <br /> 1. To implement a 2 year or biennial budget as noted <br /> 2. To address our funding on a longer horizon <br /> 3. To provide flexibility to respond to changes—this is through the biennial <br /> process and mid budget adjustments as needed. <br /> 4. To follow the priority based budget approach <br /> 5. To provide sustainable funding for our assessment replacements <br /> The impacts can be summarized this way: <br /> 1 The budget achieves the 2% reduction target provided by the Council <br /> 2 In order to achieve this, we have not programmed any COLA for employees <br /> in 2012 <br /> 3 We have provided step adjustments for our newer employees <br /> 4 We have included a 5% funding increase for our healthcare contributions <br /> 5 The budget reductions will result in a reduction in our staffing of 3 FTE <br /> 6 The non personnel budgets have been frozen at the current 2011 levels <br /> The total budget reductions amount to $715,010 <br /> Of this, there were two 2011 budget related items to recognize were not funded <br /> with tax levy, but with reserves for a total of $336,375: 236,375 for small capital <br /> was taken from TIF rebates, and 100,000 was for Emerald Ash Borer, to be funded <br /> from reserves is necessary. <br /> The budget reductions amount to $378,635. <br /> The 3.4% tax levy increase will provide $500,000 for asset replacements <br /> As noted, there will be service reductions: <br /> The Police Community relations function will be reduced, resulting in loss of <br /> FNO, NNO <br /> The supplemental Police Lake Patrol will be eliminated <br />