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<br />STAFF RECOMMENDATION <br /> <br />1. City staff recommends City Council adoption of a final 2025 levy increase of 7.84%. <br /> <br />2. If Council would like to lower the levy further, staff recommends the following options: <br />a. Postpone the $30,000 increase to the General Capital Infrastructure fund that was <br />recommended to help in the 2027/2028 debt service payment levy. If this approach is <br />taken a larger debt service levy will be needed in 2027/2028. <br />b. Decrease the line item for the Projects/Facility Management Contracted Services from <br />$20,000 to $10,000. While this line item addresses an important identified need, staff <br />believes that management of some of the identified projects can be addressed through <br />public works staffing adjustments in 2025. <br /> <br />Note: If both items a and b are adopted, the levy increase will be reduced to 6.97% which is a 2.54% <br />decrease from the 9.51% preliminary levy adopted in September. <br /> <br />REQUESTED ACTION: <br /> <br />The City Council is asked to conduct Public Hearing on the proposed 2025 budget. Following the <br />closure of the Public Hearing, the City Council is asked to take the following actions: <br /> <br />1. Motion to adopt the 2024 Tax Levy, Collectible in 2025, as presented (or as amended). <br /> <br />2. Motion to adopt the 2025 Budget as presented (or as amended). <br /> <br />3. Motion to approve the 2025 salary wage schedule as presented (or as amended). <br /> <br />Documents Included with the Packet <br /> <br />1. 2025 Budget Book. Includes: <br />a. General Fund Budgets <br />b. Special Revenue Funds Begets <br />c. Debt Service Fund Budgets <br />d. Capital Project Funds – Other Budgets <br />e. Capital Project Funds – TIF Budgets <br />f. Enterprise (Water and Sewer) Funds Budgets <br />g. Internal Service Funds Budgets <br /> <br />2. 2025 Wage Scale <br />