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07-11-2016 Council Packet (2)
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07-11-2016 Council Packet (2)
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City Council
Council Document Type
Council Packet
Meeting Date
07/11/2016
Council Meeting Type
Work Session Special
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<br />WS – Item 1 <br />WORK SESSION STAFF REPORT <br />Special Work Session Item No. 1 <br /> <br /> <br />Date: July 11, 2016 <br /> <br />To: City Council <br /> <br />From: Sarah Cotton, Finance Director <br /> <br />Re: 2017 Draft Budget & Tax Levy <br /> <br /> <br />Background <br /> <br />Transmitted for your review and discussion is the first draft of the 2017 Budget and Tax <br />Levy. The draft was prepared by department directors and reviewed by the City <br />Administrator with the intention of providing the resources needed to continue city <br />services at their current levels. The draft also incorporates the priorities and initiatives <br />identified by the City Council. <br /> <br />The 2017 draft budget is balanced with resources and expenditures of $10,322,000, a <br />4.5% increase over the 2016 adopted budget. Included in the draft are resources needed <br />in order to continue to provide City services at their current levels and continue the City’s <br />efforts towards street maintenance. The draft budget assumes a COLA of 2.5%, as well as <br />a 7.5% increase in the City’s contribution towards estimated health insurance premiums, <br />and a 4% increase in dental premiums. A part-time Office Specialist position has been <br />incorporated into the draft to support Public Services, with .3 FTE effecting the general <br />fund budget. Security Cameras for the Civic Complex and two Fire Stations have been <br />incorporated into the draft, in addition to the annual maintenance agreement for storage <br />and support. Other recognized professional service and contractual needs are also <br />reflected in the draft. Finally, the 2017 draft budget includes approximately $16,300 <br />relating to Emerald Ash Borer tree replacement and injections initiatives. <br /> <br />Items not included in the draft 2017 budget, but requested by department directors, are <br />listed below. These items may warrant further discussion by the Council. <br /> <br />• Police Department Staffing Study - $30,000 <br />• Playground Equipment Replacement (2) - $80,000 <br />• Marshan Park Open Air Shelter - $40,000 <br />• Police Body Cameras - $22,000; Annual Storage/Support - $26,000 <br /> <br />Construction and development activities have improved over the last year, while other <br />revenue areas, such as intergovernmental and miscellaneous remain relatively flat. The <br />2016 budget included the use of $423,000 in general fund reserves to reduce the strain on <br />property tax levels, in addition to $100,000 from the Office Equipment Revolving Fund <br />and $378,084 from the Closed Bond Fund. The amount transferred from the Closed
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