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Increase of $751,267 <br />2016 Very Preliminary* (Working Document) Budget/Levy <br />GENERAL FUND LEVY*: $8,488,940 -$7,921,570 (2015). <br />EDA LEVY*: $122,950 -$116,444 (2015). <br />Increase of S6,506 <br />DEBT SERVICE LEVY: $1,547,198-$1,369,807 (2015). <br />TOTAL LEVY: $10,159,088 - $9,407,821 (2015). <br />Increase of S567,370 <br />Increase of S177,391 <br />*The General Fund Levy and EDA Levy have been reduced by the HRA remaining fund balance of <br />$230,000 ($132,758 to General & $97,242 to EDA). This funding will not be available next year and will <br />become part of the tax levy for each respective fund. <br />Estimated tax capacity rate of 43.768% (42.259% in 2015) <br />*The Budget Document and corresponding levy numbers represent the first attempt at the <br />budget. No numbers contained within are finalized or approved. <br />LEVY BREAKDOWN: <br />-General Levy: <br />General Fund: Levy Increase of $567,370 <br />A. Contributing Factors of Increase: <br />1. Personnel ($487,745 increase): <br />a. 2% COLA, Steps & Market Rate Adjustments (LELS contracts): $136,079 <br />b. Health Insurance Rate Increase & Plan Changes: $33,923 <br />c. Election Judges for Election Year: $29,206 <br />d. 2088 Hours (Full -Time Employee) due to Leap Year: $22,665 <br />e. Personnel Request: $289,923 (See Personnel Spreadsheet) <br />2. Public Works New Campus Design: $30,000 <br />3. Inflationary adjustments Departmental line Items <br />-EDA Levy: <br />EDA Fund: Levy Increase of $6,506 <br />A. Contributing Factors of Increase: <br />1. NDC Training <br />