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The table below summarizes the main factors for the changes to the Operations categories. Personnel <br />expenses continue to increase as we move toward full staffing according to recent organizational studies <br />and developing our public safety departments to meet the needs of a growing community. <br /> <br /> % Change Main Factors <br />Personnel 9.7% COLA/Steps, 3 new FTE, add'l Paid-on-call Hours <br />Materials & Supplies -26.8% No staff computers this year. <br />Charges and Services 10.4% Contract Services, Comp Planning, Insurance <br />Miscellaneous 10.2% Minimal $ change <br />Contingency Reserve -6.5% No change. <br /> <br />For the Capital-type categories, we’re moving from Transfers and toward a more fully developed Capital <br />Planning model, as discussed in the Capital Levies section above. <br /> <br /> % Change Main Factors <br />Capital Outlay (Expense) -26.1% fluctuate year-to-year <br />Transfers & Capital Levies 72.5% increasing long-term capital set-asides <br /> <br /> <br />Debt Service <br />The Debt Service Levies are detailed below. The city issued new debt in 2024 which we will begin <br />paying on in 2025. The 2025 levies necessary to pay for existing debt are as follows: <br /> <br /> 2024 2025 $ Change % Change <br />2010B 205,884 - (205,884) <br /> <br />2014A 103,597 183,304 79,707 <br />2016A 187,529 186,899 (630) <br />2017A 340,954 362,868 21,914 <br />2018 Certificate 125,984 128,258 2,273 <br />2019A 298,661 294,618 (4,043) <br />2021A 1,025,510 1,022,885 (2,625) <br />2022A 283,998 279,523 (4,475) <br />2023A 351,713 353,288 1,575 <br />2024A - 440,086 440,086 <br /> 2,923,828 3,251,727 327,899 11.2% <br /> <br />Despite some decreases in existing debt payments, the addition of the 2024A bond and an increase in the <br />2014A bond will cause the overall increase in the debt service levy to be 11.2%. <br /> <br />Utility Funds <br />The first drafts of the Utility Fund Budgets are attached for review: water, sewer and stormwater. City staff <br />is currently in the process of updating the Utility Funds Long-Term Financial Plan and will have more <br />information regarding those budgets when that project is complete. Staff expects to be able to present that <br />plan this fall so that final decisions on fees and budgets can be made by December. Utility Fund Budgets <br />do not affect the Levy. <br /> <br />For that Utility Fund Long-Term Financial model, staff will assume, unless directed otherwise by Council, <br />that a standard across-the-board increase is again the preference. <br /> <br />Tax Levy & Impact <br />This section summarizes some of impacts to the levy and tax rate of the earlier discussions. Additional <br />historical tables have been added to the Appendices for a more thorough history. <br /> <br />The following table shows the proposed 2025 Levy and change from prior year;