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<br />
<br />The table below shows year-over-year changes to expense categories.
<br />
<br /> 2024 Budget 2025 Requested $ Change % Change
<br />Personnel 3,861,290 4,263,746 402,456 10.4%
<br />Materials & Supplies 328,093 236,469 (91,624) -27.9%
<br />Charges and Services 2,834,686 3,125,499 290,813 10.3%
<br />Miscellaneous 13,853 14,819 966 7.0%
<br />Contingency Reserve 35,000 85,000 50,000 142.9%
<br />TOTAL OPERATIONS 7,072,922 7,725,533 652,611 9.2%
<br />Capital Outlay (Expense) 101,500 75,000 (26,500) -26.1%
<br />Transfers* 967,328 19,000 295,005 30.5% Capital Levies* 1,243,333
<br />TOTAL CAPITAL 1,068,828 1,337,333 268,505 25.1%
<br />TOTAL 8,141,750 9,062,866 921,116 11.31%
<br />* Transfers and Capital Levies are not Expenses. They are funds that gets placed into a Capital Fund for
<br />expenditure on large purchases. We are showing them here because Transfers were previously shown in the
<br />General Fund Expense Budget, and we wanted to present a more accurate comparison year-to-year.
<br />
<br />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 10.4% 3 new FTE, add'l Paid-on-call Hours
<br />Materials & Supplies -27.9% No staff computers this year.
<br />Charges and Services 10.3% Contract Services, Comp Planning, Insurance
<br />Miscellaneous 7.0% Minimal $ change
<br />Contingency Reserve 142.9% 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 30.5% increasing long-term capital set-asides
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<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%.
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