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08-08-2022 Council Work Session Packet Special
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08-08-2022 Council Work Session Packet Special
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8/3/2022 4:02:56 PM
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City Council
Council Document Type
Council Packet
Meeting Date
08/08/2022
Council Meeting Type
Work Session Special
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<br />General Fund <br /> <br />The General Fund base budget increase of $190,558 is primarily the result of existing <br />personnel wages and benefits which include the following assumptions for 2023: <br /> <br /> COLA in anticipation of unsettled 2023 union contracts <br /> Continued implementation of the new Compensation Plan <br /> 7.50% estimated increase in health insurance premiums (employer’s share) <br /> 1.00% estimated increase in dental insurance premiums (employer’s share) <br /> 5.00% estimated increase in workers compensation insurance premiums <br />o In addition to the 5.00% increase, premiums reflect increased experience <br />modification/multiplier and a decrease in our premium discount received <br />with the 8/26/2022 to 8/26/2023 quote <br /> Wage & benefit assumptions for vacant positions <br /> <br />The following positions were not budgeted (or not fully budgeted) in 2022. The <br />incremental difference in total compensation for each position included in the base <br />budget increase is as follows: <br /> <br /> Communications Specialist - $24,930 (which includes a $20,000 transfer in from <br />the Cable TV/Communications Fund in 2023, down from a $40,000 transfer in <br />2022) <br /> Fire Duty Crew - $76,250 <br /> Fire Lieutenant/Fire Inspector - $20,305 <br /> Public Services Staff reallocation to relieve burden on the Rookery - $103,375 <br /> <br />Other significant base budget changes include: <br /> <br /> $48,000 decrease in Fire within the Uniforms line item due to one-time 2022 <br />expenditures to outfit the duty crew with turn out gear <br /> $65,250 decrease in Parks in the Maintenance Supplies and Contracted Services <br />line items due to one-time 2022 expenditures for park maintenance and <br />improvement projects <br /> <br />Total General Fund 2023 adjustments requested amount to $528,050. Detail is provided <br />on “2023 Base Budget Adjustments” on pages 8-9 of the attached draft budget. <br /> <br />Rookery Activity Center <br /> <br />The Rookery Activity Center budget is provided and includes a $325,000 tax levy. In <br />2022, the City levied $325,000 for the 2016C G.O. Tax Abatement Refunding Bonds <br />which was the City’s participation in the former YMCA. That 2016C debt levy expired in <br />2023 and the resources have been shifted to the Rookery. <br /> <br />Including the tax levy, the current Rookery budget projects a $186,121 deficit. Staff will <br />closely track the budget and adjust throughout the year, as necessary. <br /> <br />
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