Laserfiche WebLink
I GENERAL FUND BUDGET: <br />Proposed Budget: $12,123,284 ($11,128,759 in 2017) <br />Increase of $994,525 <br />Mai or Chances from 2017 Adopted Budhet: <br />Revenue: <br />- Property tax: $9,400,242 ($8,685,635 in 2017) <br />- LGA: $0 <br />- Permit Revenue: Held constant <br />- Charges for Services: $710,244 ($619,462 in 2017) <br />Increase of $714,607 <br />Increase of $90,782 <br />(increase 8.94%) <br />Mostly attributed to Engineering Revenue: Staff time on Public Projects: $58,282 increase <br />- Interest on Investments: $70,000 ($100,000 in 2017) Decrease of ($30,000) <br />Based on 2016 rate of return <br />- Transfers In: $970,598 ($762,812 in 2017) Increase of $207,786 <br />- Increase Capital Equipment Purchases: $205,698. Funding 100% from Equipment Revolving <br />- 1M additional Liability Insurance ($3M total): $22,588 funded from Insurance Fund <br />- 2'd Floor Cer=ur� eern iil Grit in MurCenter: S100,000 from Faality Fun (Moved to <br />2018-2027 CIP) <br />Expenditures: <br />tares: <br />- Cola -21/2% + 1/2% July 1 For Everyone + Steps (if available) <br />- Single Dental for all full-time employees <br />- Health Insurance: -7.38% increase for each employer paid plan based on documentation from <br />Union contract settlements 12/13/16 <br />- Capital Equipment: 100% Funded from Equipment Revolving Fund <br />Equipment Fund Est Balance after 2018: $1,015,000 <br />3 <br />I <br />