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process and approved when the plan is accepted by the City Council. Community <br />Development projects are brought to the City Council as projects occur and may go <br />through the competitive bidding process. <br />General Fund <br />Total 2025 base budget adjustments amount to $741,441 as detailed in the draft 2025 <br />Annual Budget. <br />The base budget increase of $218,051 is the result of existing personnel wages and <br />benefits which include the following assumptions for 2025: <br />• Cost -of -living adjustment (COLA) <br />• 7.50% estimated increase in health insurance premiums (employer's share) <br />• 2.00% estimated increase in dental insurance premiums (employer's share) <br />• 6.00% estimated increase in workers compensation insurance premiums <br />• Wage & benefit assumptions for vacant positions <br />Non -property tax general fund revenues decreased $16,462 which increases the need <br />for tax levy dollars. The decrease can primarily be attributed to the decrease in building <br />permits and plan inspections fees, partially offset by increases in state aid, interest on <br />investments, and refunds & reimbursements. <br />The transfer in of $20,000 from the Cable TV & Communications Fund has been <br />discontinued. The transfer previously supported the cost of the Communications <br />Specialist position within the Administration Department. <br />Rookery Activity Center <br />The Rookery Activity Center tax levy is not proposed to increase, although the proposed <br />2025 budget includes a $99,123 deficit. The Rookery Activity Center began operations in <br />Spring 2022 and completed its first full fiscal year in 2023. The 2024 budget included a <br />$500,000 tax levy which brought tax levy support for recreation funding back to pre - <br />pandemic levels. Prior to the COVID-19 Pandemic and the opening of the Rookery, the <br />tax levy supported the YMCA facility and recreation programming at roughly $490,000 <br />annually. <br />Capital Equipment Replacement <br />In line with 2024-2028 Financial Plan, a $210,000 increase in the Capital Equipment <br />Replacement Levy is proposed for 2025, for a total levy of $810,000, Citywide capital <br />expenditures proposed to be funded with the levy in 2025 are included in the 2025- <br />2029 Financial Plan. <br />The levy increase continues to facilitate transitioning away from Certificates of <br />Indebtedness and towards a Pay -As -You -Go approach to capital equipment financing. <br />The impact of that levy can be seen on the Projected Cash Balance statement for the <br />Page 2 of 4 <br />