08-08-2022 Council Work Session Packet Special

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