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Increase of $630,634 <br />2016 Preliminary Budget/Levy <br />GENERAL FUND LEVY*: $8,552,204 -$7,921,570 (2015). <br />EDA LEVY*: $80,018 -$116,444 (2015). Decrease of $36,426 <br />DEBT SERVICE LEVY: $1,609,736-$1,369,807 (2015). Increase of $239,929 <br />TOTAL LEVY: $10,241,958 - $9,407,821 (2015). <br />Increase of $834,137 or 8.87% <br />*The General Fund Levy has been reduced by the HRA remaining fund balance of $230,000. This funding <br />will not be available next year and will become part of the tax levy for each respective fund. <br />Estimated tax capacity rate of 44.140% (42.259% in 2015) <br />-General Levy: <br />General Fund: Levy Increase of $630,634 <br />A. Contributing Factors of Increase: <br />1. Personnel ($684,046 increase): <br />a. 2% COLA, Steps & Market Rate Adjustments (LELS contracts) <br />b. Health Insurance Rate Increase & Plan Changes <br />c. Election Judges for Election Year <br />d. 2088 Hours (Full -Time Employee) due to Leap Year <br />e. All Staff Positions funded under General Fund (FTE's no longer funded under EDA) <br />f. Personnel Request — new positions & increased hours: $247,768 (See Personnel <br />Spreadsheet) <br />2. Public Works New Campus Design: $30,000 <br />3. Inflationary adjustments Departmental line Items <br />-EDA Levy: <br />EDA Fund: Levy Decrease of $36,426 <br />A. Contributing Factor of Decrease: <br />1. % of FTE Staff members (Administrator, Ass't City Admin & Community Development <br />Director now funded 100% under General Fund <br />