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Agenda - Council Work Session - 08/28/2018
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Agenda - Council Work Session - 08/28/2018
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3/17/2025 2:55:03 PM
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8/29/2018 8:58:23 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
08/28/2018
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d. Possible Special Election: $17,500 <br />e. Police & Fire Pera Rate Increase (from 16.20% to 16.95%): $18,500 <br />f Worker's Compensation Increase: $20,620 (current employees) <br />g. Police Overtime Increase: $25,000 (based on past history) <br />2. Supplies: $131,020 Increase <br />Contributing Factors of Increase: <br />a. Uniform & Supplies 2 new patrol officers: $16,000 <br />b. Asphalt: Patching for trail maintenance (long-term plan): $50,000 <br />• Fund by Capital Maintenance Fund $590,000 Fund Balance <br />c. Small Tools: for 32 taser replacements: $24,400 <br />d. Salt: Increase of $21,600 <br />- EDA Levy: <br />EDA Fund: Levy Decrease of $2,318 <br />1. Correlate Commission pay with actual <br />- Debt Levy: Levy Increase of $118,900 <br />A. Contributing Factors of Increase: <br />1. 2018 Road Funding Debt <br />2. Fire Station #2 debt is decreased by $75,000 from remaining debt levy property tax dollars <br />collected from Fire Station #1 issue. <br />3. Debt Summary: <br />2013 Capital Equipment Certificates(2023 Last Year) 77,267 <br />2014 Capital Equipment Certificates (2024 last year) 100,853 <br />2015 Road Improvement Debt (2025 last year) 114,248 <br />Muni Center (2031 last Year) 1,136,613 <br />Fire Station #2 (2033 last year) 205,678 <br />2016 Road Improvement Debt (2026 last year) 155,017 <br />2017 Road Improvement Debt (2027 last year) 93,195 <br />2018 Road Improvement Debt (2028 last year) 111,201 <br />Total Bonded Debt Levied $1,994,072 <br />*Net of $75,000 from fire station #1 Debt Levy proceeds <br />* <br />2 <br />
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