Agenda - Council - 09/22/2015 - Laserfiche WebLink

Home

Our Mistionc To work together to reipoiibly grew our comma nityr, and to provide quality, cert -offer ivB. and efficient government services. CC Regular Session 7. 2. Meeting Date: 09/22/2015 By: Diana Lund, Finance Information Title: Adopt Resolutions #15-09-219 Adopting Proposed 2016 General Fund Budget & Resolution #15-09-220 Adopting Proposed 2016 EDA Budget Purpose/Background: Purpose: To adopt a preliminary 2016 General Fund Budget that outlines the funding sources (taxes, building permits, etc) that support the General Operations of the City as outlined under the expenditure section of the budget and to adopt a preliminary 2016 Economic Development Authority (EDA) Budget. Both the General Fund and EDA Fund are supported by the property tax levy. The budgets as presented reflects the consensus of the city council at the final preliminary budget work session on September 8, 2015. The 2016 Proposed General Fund and EDA Budgets, are strictly "proposed" budgets and will be amended in the following months before final adoption in December, 2015 The General Fund budget as presented represents a balanced budget of $11,136,874, or a $713,115 or 6.84% increase over the adopted 2015 General Fund Budget of $10,423,759. The 2016 EDA budget as presented totals $85,618 or a $118,683 reduction over the adopted 2015 EDA budget of $204,301. The decrease in the EDA budget for 2016 is that all personnel related expense is now accounted for in the General Fund. The proposed General Fund budget includes the following initiatives and increases, comprising the majority of the $713,115 increase: *Personnel Funding previously funded under the EDA now funded in the General Fund: Approximately $132,000 *Full -Time Code Enforce/License Coordinator: Achieve 14 -day compliance timeframe for code complaints: Approximately $74,000 *Full -Time Drug Task Force Officer: Allocate staff to task force to be proactive on drug enforcement: Approximately $76,000 *Full-time Public Works Maintenance Worker (April 1 start date): Increased demand for street maintenance & snow removal to remain within acceptable levels of service: Approximately $49,000 *Election Year: Approximately $43,000