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Agenda - Council Work Session - 04/29/2003
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Agenda - Council Work Session - 04/29/2003
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3/24/2025 3:48:35 PM
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4/29/2003 9:31:57 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
04/29/2003
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PROPOSED 2003 BUDGET ADJUSTMENTS <br /> <br />Governor's Budget Proposal For Year 2003: <br /> <br />State Aids: <br /> Local Government Aid (LGA) <br /> Market Value Homestead Credit (MVHC) <br /> Total 2003 LGA & MVHC <br /> <br />Ramsey Governor's Total Loss Percentage <br />2003 Budget Proposal of State Aids Aids Cut <br /> <br />303,932 <br />461,054 <br /> <br />764,986 <br /> <br />287,018 <br /> <br />287,018 <br /> <br />303,932 100.00% <br />174,036 37.75% <br />477,968 <br /> <br />2003 General Fund Budget: <br /> Total General Fund Budget <br /> Less: Transfers From Other Funds (other run'ling <br /> sources outside of property tax levy and aids) <br /> Net General Fund Budget <br /> <br />Governor's Proposed State Aid Reduction <br /> <br />Percentage of Proposed State Aid Reduction in <br />Comparison to Net General Fund Budget <br /> <br />7,415,480 <br />1,379,342 <br /> <br />6,036,138 <br /> <br />477,968 <br /> <br />7.92% <br /> <br />City's Plan to Balance 2003 Budget With Proposed Budget Cuts: <br /> <br />Governor's Proposed State Aid Reduction <br /> <br />Excess Revenue From Year Ending 2002 <br /> (Policy for the allocation of excess revenues at year end <br /> as directed by Council) <br /> <br />477,968 <br /> <br />274,307 <br /> <br />Total Amount of 2003 Budget Cuts Needed to Balance Budget <br /> <br />477,968 <br /> <br />Possible 2003 Expenditure Reductions: <br /> <br />Mayor & Council <br /> (6331) Travel Reim <br /> (6247) Happy Days <br /> (6315) Prof Services <br /> <br />Commissions <br /> (6315) Prof Services <br /> <br />Administration <br /> (6208) Office Supplies <br /> (6331) Travel <br /> (6334) Mileage Reim <br /> (6335) Training <br /> (6305) Physicals <br /> (6354) Help Wanted Ads <br /> (8249) Misc Supplies(floWers) <br /> <br /> Ramsey <br />2003 Budget <br /> <br />Proposed Cut <br /> <br />2,000 1,500 <br />7,500 ? <br />10,500 ? <br /> <br />4,000 1,000 <br /> <br />6,500 2,000 <br />4,500 1,000 <br />2,500 1,000 <br />5,500 1,000 <br />4,000 2,000 <br />4,000 2,000 <br />2,000 1,000 <br /> <br />Minute taking in House <br /> <br />Minute taking in House <br /> <br /> <br />
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