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09-14-2022 Workshop Packet
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09-14-2022 Workshop Packet
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<br /> Worker’s Compensation Insurance: Increase due to increased Post-traumatic stress disorder (PTSD) <br />claims in 2022. The 2022 Premium was $51,722 vs $39,922 in 2021. The budget includes a 52.77% <br />increase or $6,770. <br />Worker's compensation 12,830 19,600 6,770 52.77% <br />Total 12,830 19,600 6,770 52.77% <br />Expenditure Type 2022 <br />Budget <br />2023 Proposed $ Change % Change <br /> <br /> <br />LEVY CHANGES REVENUES: Excluding Tax Levy revenues, in total revenues are a net increase of 2.78% <br />or $27,993.08. <br />1,008,560 1,036,553 $ 27,993.08 2.78% <br />Revenues (Excludes <br />Tax Levy ) <br />2022 Budget 2023 Proposed $ Change % Change <br /> <br /> Licenses are at estimated at $102,042. This is 8.03% or $8,913 decrease from last year’s budget. The <br />main reason for the decrease relates to one license collection for Lincoln Pawn for $8,300 that will no <br />longer be collected since the business has closed. <br /> <br /> Permits are estimated at $285,675. This is a 34.63% or $73,474.50 increase from last year’s budget. The <br />main reason for the increase relates to new developments (Lennar 178 Town Homes and Gervais Woods <br />projects). Only 1/4 of the revenues were budgeted to be collected in 2023 for the Lennar project and 1/2 <br />for Gervais Woods. Projected revenues relating to Villas of Gervais Lake have not yet been included. <br /> <br /> Charges for Services are estimated to be comparable with prior year at $87,369, with a slight decrease of <br />3.27% or $2,951. The decrease relates primarily to revenues generated from park reservations that were <br />budgeted more in line with prior year’s actuals and current year’s projections. <br /> <br /> Fines & Forfeits are estimated at $40,000. This is a 9.09% or $4,000 decrease from last year’s budget <br />primarily relating to a decrease in budget for fines & forfeits that were budgeted more in line with prior <br />year’s actuals and current year’s projections. <br /> <br /> Intergovernmental Revenues are estimated at $275,778. This is a 4.08% decrease or $11,740.20 from <br />last year’s budget. The main reason for this decrease relates to a 49.20% decrease in Local Government <br />Aid. The decrease is due to the loss of a one-time, “hold-harmless” supplemental aid increase approved <br />by the Legislature in 2021. The Legislature debated to extend the supplemental hold-harmless bill for a <br />second year, however the Legislature failed to pass the extension. Had it passed it would have prevented <br />a loss of LGA to at least 150 cities in 2023. <br /> <br />Additionally, during the 2022 legislative session, the Legislature debated but did not pass a bill <br />developed by the League of Minnesota Cities, Metro Cities, the Coalition of Greater Minnesota Cities,
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