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CC Work Session 2. 1. <br />Meeting Date: 08/10/2020 <br />Information <br />Title: <br />2021 General Fund/Levy Review - Continued Discussion <br />Purpose/Background: <br />At the July 14, 2020 budget worksession the council was presented with the 2021 General Fund budget and its <br />effect on the tax levy. This was the first look at the budget which included all departments requests. At this <br />worksession, it was requested to take a look at the COLA and to reduce the levy to a six percent increase over <br />2020. Both of these items have been documented in the items attached. <br />Staff would like to use the worksession to not only focus on these items, but also to review the 2021 personnel <br />requests and capital equipment needs. Department heads that have requested new positions will be presenting the <br />needs of their requests. <br />The full budget document is not being presented at this time until further discussion is had regarding the new <br />personnel requests, COLA, body cameras, etc. <br />The following items are attached for your review. <br />1. Changes since the 7-14-20 Budget Worksession: General Fund Budget & Debt Levy <br />2. Tax Capacity Calculations - Tax Capacity Rates are still estimates as County #'s have not been received <br />3. Debt Service Levy: List of all debt that make up debt levy. <br />4. 2021 Personnel Requests <br />5. 2021 Capital Requests <br />Timeframe: <br />45-60 minutes <br />Funding Source: <br />Responsible Party(ies): <br />Finance Director <br />Outcome: <br />Review of preliminary budgets and levies. <br />Attachments <br />2021 Budget/levy reductions <br />Tax Capacity <br />Debt Levy Summary <br />2021 Personnel Requests <br />2021 Capital Equipment Requests <br />Form Review <br />