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Vision: Financial Stability and Structurally Balanced Budgets <br />Goal: Operate under a balanced budget that meets the needs and goals of the community <br />without reliance upon the levy reduction fund and LGA funds <br />Completed: <br />1.2023 Gen Fund budget use of only $232,000 of levy reduction funds ($6,000 reduction <br />each year for 3 years will meet the 5-8% goal) and LGA is budgeted at 90% of the <br />anticipated amount <br />2.2023 Gen Fund budget prepared and reviewed <br />3.Adopted 5 year Financial Plan & incorporated proposed capital expenditures into draft <br />budgets <br />4.Other Funds reviewed at October worksession <br />5.Enhanced Revenue Sources: Franchise revenues projected to increase 8.5% over 3 <br />years <br />6.No proposed increase in EDA levy for 2023 <br />2022-Q4 <br />Results |Accomplishments <br />11