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Changes since 7-14-20 Budget Worksession: <br />GENERAL FUND BUDGET REDUCTIONS: <br />Line Item Budget Changes <br />Police request for Knox Boxes <br />Police request for body cameras - <br />Wait until mandates & possibility of grant funding <br />Personnel requests of Police Tech & Police Officer <br />Moved Start date from Jan 1 to March 1, 2021 <br />2.75% COLA to 2.00% <br />What effect does this have on union negotiations? <br />$ (21,100) <br />$ (12,000) <br />$ (42,800) <br />$ (24,433) <br />$ (59,174) <br />TOTAL GENERAL FUND BUDGET REDUCTIONS: $ (159,507) <br />DEBT REDUCTIONS: <br />PW CAMPUS DEBT <br />Reduced with CARES Funds Fund Balance ($1.312M) <br />(Best guess estimate of fund bal at this time) <br />Fire Station Debt <br />Reduced with Debt funds from Closed bond fund 9351 <br />(closed year end 2019) <br />$ (33,060) <br />$ (93,000) <br />TOTAL DEBT REDUCTIONS: $ (126,060) <br />GRAND TOTAL ALL REDUCTIONS $ (285,567) <br />NET EFFECT ON LEVY: <br />2020 Adopted Levy: $ 12,509,232 <br />2021 Requested: 7-14-20 $ 13,501,199 <br />Levy Increase $ 991,967 7.93% <br />2020 Adopted Levy <br />$ 12,509,232 <br />CC Recommendation 7-14-20 <br />$ 13,259,786 <br />Levy Increase $ 750,554 6.00% <br />2020 Adopted Levy $ 12,509,232 <br />With all Budget Cuts Noted Above $ 13,215,632 <br />Levy Increase $ 706,400 5.65% <br />