12-15-2021 Council Packet - Laserfiche WebLink

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General Fund Budget: The largest impacts to the 2022 General Fund budget are as follows: • Market adjustments, merit step plan increases and changes in health insurance for personnel $51,250 (1.55% of levy increase) • Increase in council contingency for possible market salary adjustments based on results from the compensation study $36,000 (1.09%) • Increase in the police service contract $24,273 (.74% of levy increase) • Increase for public works salary reallocation between streets, parks, water, and sewer to more accurately reflect the duties performed by the public works staff. $16,600 (.50% of levy increase) • Increase fire services contract $16,310 (.49% of levy increase). It should be noted that the 2021 contract was a reduction of 3% from the 2020 contract. • Increase Code Enforcement/ Rental Housing Coordinator position from 8 months to 12 months. $8,570 (.26% of levy increase) • Increase budget for crack filling that was reduced in 2021 $8,500 (.26%) • Increase Accountant hours from 26 hours to 32 hours $7,850 (.24% of levy increase) In order to reduce the budget impact, savings were identified as follows: • Increase building permit revenue $36,300 (1.10%) Strategic Plan Initiatives included in 2022 General Fund Budget: 1) Enhancing Identity and Empowering Community • Make the newsletter available on the City website in another language • Establish criteria and method to get youth involved 2) Creating Operational Efficiency • Increase Accountant hours from 26 to 32 hours • Increase hours for Recreation Coordinator position from 34 to 40 hours • Restructuring and reallocation of hours in Streets, Parks, Water, and Sewer Department • Finish position and compensation study and begin implementation of results of study 3) Maximize the City’s Assets to Catalyze Development • Implement economic development TIF District for Spruce & Owasso 4) Mandating Action and Accountability • Update 5-year Strategic Plan in 1st Quarter 2022 Market Rate and Merit Step Increases: A 3.3% salary increase is included in the proposed 2022 salary schedule. The increase in based on a weighted average of the COLA increases from a survey of cities between 5,000 and 15,000 in population (75%), and the CPI increase for the Minneapolis/St. Paul/Bloomington region from May 2020 to May 2021 (25%). The average increase for the survey of cities was a 2.83% increase, and the CPI increase was 4.6%. Approximately $32,580 of the General Fund levy increase relates to this market rate increase. This has a levy impact of approximately .99%.