Agenda - Council - 09/27/2016 - Laserfiche WebLink

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OW t hi lon: To work together ko respotibiy grow oar community, and to provide quality, cost -affective, and efckent government tet ricer. CC Regular Session 7. 2. Meeting Date: 09/27/2016 By: Diana Lund, Finance Information Title: Adopt Resolutions #16-09-169 Adopting Proposed 2017 General Fund Budget and Resolution #16-09-170 Adopting Proposed 2017 EDA Budget Purpose/Background: Purpose: To adopt a preliminary 2017 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 2017 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 13, 2016. The 2017 Proposed General Fund and EDA Budgets, are strictly "proposed" budgets and will be amended in the following months before final adoption in December, 2016. The General Fund budget, as presented, represents a balanced budget of $11,134,759 or a $209,632 or 1.924% increase over the adopted 2016 General Fund Budget of $10,925,127. The 2017 EDA budget, as presented, totals $113,981 or a $30,363 increase over the adopted 2016 EDA budget of $83,618. The increase in the EDA budget for 2017 is mostly attributed to the line item of marketing: Concept is to allow for flexibility and improvements to the City's economic development strategies especially around marketing, advertising and business recruitment. The proposed General Fund budget includes the following initiatives and increases, comprising the majority of the $209,632 increase: *Part -Time Administrative Assistant: Administer support on various economic development and city management projects: Approximately $24,000 *Full -Time Drug Task Force Officer: Allocate staff to task force to be proactive on drug enforcement: Approximately $76,000 *Part -Time Building Maintenance Worker: Increased demand for maintenance with new Fire #2 & other public facilities: Approximately $22,000