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GENERAL FUND BUDGET: <br />Proposed Budget: $14,619,712 ($13,303,589 2020 final) Increase of $1,316,123 (increase 9.89%) <br />Major Changes from 2020 Adopted Budget: <br />Revenue: <br />- Property tax: $11,298,212 ($10,625,932 in 2020) Increase of $672,280 <br />- LGA: $0 <br />- Permit Revenue: Slight Decrease of $3,500 <br />-Intergovernmental Revenue: <br />Increase of $28,205 <br />- Charges for Services: $616,500 ($666,162 in 2020) Decrease of $49,662 <br />- Transfers In: $$1,475,200 ($796,000 in 2020) Increase of $679,200 <br />-Increase in Capital Equipment Requests: $672,200 — Funded from the Equipment Revolving Fd & <br />Landfill Trust Fund <br />Expenditures: <br />- Cola — 2.75% For Everyone + Steps (if available) (All union contracts are open for negotiation). <br />- Single Dental for all full-time employees <br />- Health Insurance: - 5% increase for each employer paid plan. (All union contracts are open) <br />- Capital Equipment: 100% Funded from Equipment Revolving Fund & Landfill Trust Fund <br />Equipment Revolving Fund: $143,200 ending estimated 2021 Fund balance of $170,000 <br />Landfill Fund - $1,000,000 — Instead of issuing Capital Equipment Certificates for 2021 <br />capital and save on another bond rating costs, the PW Campus debt was increased <br />By $1M <br />3 <br />