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08/24/2021
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08/24/2021
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8/24/2021 1:35:49 PM
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City Council
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Council Agenda/Packets
Meeting Date
8/24/2021
Meeting Type
Regular
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LAUDE"ALE COUNCIL <br />Action Requested <br />Consent <br />Public Hearing <br />Discussion X <br />Action <br />Resolution <br />Work Session <br />ACTION FORM <br />Meeting Date <br />August 24, 2021 <br />ITEM NUMBER 2022 Budget and Levy <br />STAFF INITIAL r <br />�y <br />APPROVED BY ADMINISTRATOR <br />DESCRIPTION OF ISSUE AND PAST COUNCIL ACTION: <br />Following is staff s first attempt at the general fund budget for 2022. As I mentioned previ- <br />ously, I am trying to budget within our accounting software this year to eliminate a lot of <br />time spent on double entering of information. I just want to be sure the format is under- <br />standable. The relevant figures are under the 2022 Proposed column. The 2022 Requested <br />column is last year's budget. <br />For simplicity, I did some color coding. The red highlights are the totals. As we don't have <br />fiscal disparities numbers yet, the budgetary gap of $73,406 is pretty meaningless. After the <br />county finance directors meeting in a few weeks, we will have the information to shore up <br />the totals. The tan highlights are the various revenue sub accounts. The blue highlights are <br />the various expense sub accounts. <br />The budget reflects the shift fiom an on -staff building official to the expense of a contract. <br />It also reflects the expense of a second public works staff member even though the scope of <br />that position is still being worked out. 2022 is an election year and brings those additional <br />costs. <br />The purpose of this meeting is to have a general discussion about some of the revenue and <br />expense priorities and shifts for 2022. <br />OPTIONS: <br />STAFF RECOMMENDATION: <br />
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