Agenda - Council - 09/25/2018 - Laserfiche WebLink

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Our Mission: To wok together to respcsibty grow Our community, and to provide quality, cest,effective, and efficient government services. CC Regular Session 7. 2. Meeting Date: 09/25/2018 By: Diana Lund, Finance Information Title: Adopt Resolutions #18-195 Adopting Proposed 2019 General Fund Budget and Resolution #18-196 Adopting Proposed 2019 EDA Budget Purpose/Background: Purpose: To adopt a preliminary 2019 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 2019 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 August 28, 2018. The 2019 Proposed General Fund and EDA Budgets, are strictly "proposed" budgets and will be amended in the following months before final adoption in December, 2018. The General Fund budget, as presented, represents a balanced budget of $12,913,996 or a $790,712 or 6.52% increase over the adopted 2018 General Fund Budget of $12,123,284. The 2019 EDA budget, as presented, totals $109,163 or a $2,318 decrease over the adopted 2018 EDA budget of $111,481. The proposed General Fund budget includes the following increases, comprising the majority of the $790,712 increase: Personnel Services: *Cost of Living, Steps: (Includes wages & benefits excluding health): $280,000 * 12.7% Rate Increase on Health Insurance Premiums: $45,000 *Pera mandate rate increases on Police & Fire Plans: $19,000 *Full -Time Firefighter/Inspector: Approximately $91,0000 *Full -Time Patrol Officer: Approximately $80,000 *Full -Time Patrol Officer (Start Oct 1, 2019): Approximately $21,000 *Full -Time Public Works Maintenance Worker (Start March 1, 2019): Approximately $57,000 *Part -Time Recreation Specialist (offset by 2 park interns): Approximately ($4,000) *Increase Hours of Current Engineering Administrative Assistant from 20 to 40 hours week: