Laserfiche WebLink
SR <br />Moll VIEW <br />City of Mounds View Staff Re <br />rt <br />Item No. 4. <br />Meeting Date: June 3, 2013 <br />Type of Business: Work Sessio <br />City Administrator Review: <br />To: Honorable Mayor and City Council <br />From: Mark Beer, Finance Director <br />Item Title/Subject: Discussion of Priorities for the 2014 Budget <br />City staff has been busy working on the details of the 2014 budget. <br />This item is placed on the agenda to give the City Council and residents the opportunity to <br />provide input to staff early in the process. Department Heads can then use this guidance as <br />they work on the details of their proposed budgets. <br />General Fund 2013 Budget by Type <br />Personnel <br />63.5% <br />3,568,120 <br />Contractual services <br />22.9% <br />1,286,437 <br />Capital outlays <br />0.9% <br />50,036 <br />Supplies <br />5.6% <br />317,160 <br />Transfers <br />4.6% <br />260,000 <br />Fire debt service <br />2.5% <br />137,740 <br />Contingency <br />0.0% <br />- <br />Total 100% 5,619,493 <br />Key 2014 Budget Issues: <br />General Fund 2013 Budget by Function <br />Police <br />Public Works <br />Park and Recreation <br />Community Development <br />Fire <br />Administration <br />Finance <br />Central Services <br />Legislative <br />Debt Service <br />Contingency <br />Misc. Contracual Service <br />Transfers to other funds <br />Total <br />44.1% 2,479,537 <br />13.1% 734,931 <br />9.0% 503,195 <br />6.3% 351,972 <br />5.5% 310,846 <br />4.6% 256,647 <br />3.8% 216,045 <br />4.2% 233,816 <br />1.0% 58,366 <br />2.5% 137,740 <br />0.0% - <br />1.4% 76,398 <br />4.6% 260,000 <br />100% 5,619,493 <br />The Legislature has adjourned for 2013 and there are a number of items that will impact the <br />City. Cities and Counties will no longer have to pay sales tax beginning January 1, 2014. This <br />will save the City approximately $70,000 to $75,000. ($30,000 General Fund) Department <br />heads will be able to defer some 2013 budgeted items to save the sales tax but this will require <br />that the budget amount be carried over to 2014. Local Government Aid is projected to increase <br />in 2014 as long as revenue projections hold. In our case, the 2014 amount is estimated to be <br />$597,414. We won't have revenue forecasts until late fall reflecting the current legislative <br />changes. It has been the Council's position to not budget for LGA so if there are further cuts it <br />won't be as painful. The Council will have some flexibility for one-time purchases or <br />replenishing the Special Projects and Vehicle and Equipment funds. <br />