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2. 1. <br /> CC Work Session <br /> Meeting Date: 07/23/2024 <br /> PrimaryStrategic Plan Initiative: Identify and implement operational efficiencies,cost savings and additional <br /> g funding sources. <br /> Information <br /> Title: <br /> Preliminary 2025 General Fund Budget Review <br /> Purpose/Background: <br /> At the July 9, 2024,the first budget worksession, the City Council was presented with the 2025 Capital <br /> Equipment Requests. The(attached) itemized sheet has been updated to include the removal of the staff <br /> requested cars for the rental housing inspector and 2 admin vehicles, security improvements, and the unmanned <br /> aerial vehicle (drone). <br /> This meeting will be a further discussion of the 2025 Capital Equipment Requests, 2025 New Personnel Requests <br /> and Existing personnel costs. Existing personnel costs are reflected using the average market rates (of like <br /> positions) of comparable North Metro Cities (these market rate adjustments range from 0% (no change)to almost <br /> 18%), a cost of living increase of 3% and a health insurance increase on all plans. As noted,these numbers <br /> reflect an all-in. The preliminary(all-in) General Fund Budget has been prepared using the "average of market <br /> rate for positions. A median rate has also been prepared. All union contracts are still in the process of <br /> negotiation. <br /> County valuations numbers have also not been received at this time. County personnel has given a time frame of <br /> Monday, July 22. <br /> Timeframe: <br /> 75-90 minutes <br /> Funding Source: <br /> Responsible Party(ies): <br /> City Administrator and Finance Director <br /> Outcome: <br /> Review of personnel & capital and provide staff direction. <br /> Attachments <br /> 2025 Personnel Requests <br /> 2025 Capital Requests <br /> 2025 Draft EDA Budget <br /> 2025 Draft General Fund Budget ALL IN REQUESTS <br /> Form Review <br /> Inbox Reviewed By Date <br /> Brian Hagen Brian Hagen 07/18/2024 01:22 PM <br />