Agenda Packets - 2024/08/05 - Laserfiche WebLink

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Not included in these budget numbers is the request to increase one of the front desk lead staff from 20 hours per week to full time, and to add increased seasonal hours for the Arden Hills partnership. No additional revenue would be generated by either of these two additions. RECYCLING (Fund 290) Costs are projected to exceed SCORE grant funds. This fund will need to be monitored. VEHICLE & EQUIPMENT REPLACEMENT (Fund 460) The Council approved the 2025-2029 CIP in May. A few fairly significant changes are being requested for this fund. • Turf Cat mower $50,000 – this was originally budgeted to be replaced in 2023 at a cost of $29,000. The $29,000 was carried over to 2024 so the purchase could happen this year. The request from Public Works is now to move the mower to 2025 and increase the budget to $50,000. They were originally looking to purchase a used mower and use the trade in value of the old mower. They have not had any luck finding a decent used machine and are now requesting a new Turf Cat mower with a cab (something the current machine doesn’t have). This additional $21,000 is not reflected in this budget. • Street Sweeper $400,000 – this was originally scheduled to be replaced in 2027. The current unit is in need of a pickup head ($15,000) and debris box ($70,000). It is being proposed to move the purchase up to 2025 and not spend the $85,000 on the repairs. This is reflected in the draft budget. SPECIAL PROJECTS (Fund 480) Based on the recently received reports for the Roof and Wall management plans, new information is being compiled on the work recommended to be completed over the next five years. A large portion of these costs are not accounted for in the budget or CIP. This may affect projects currently included in the draft 2025 Budget and 2025-2029 CIP and how they are prioritized. TAX LEVY The tax levy increase reflected in this draft of the budget totals 7.09% or $488,103. This levy will leave the General Fund with a $220,000 underfunded amount which will be covered by the levy reduction assigned fund balance. A 1.0% levy increase equals $68,850. The breakdown of the levy is as follows: 2024 2025 General levy capped at 6.5%5,833,475 6,089,583 4.39% Referendum levy 385,000 405,000 5.19% EDA levy 100,000 160,000 60.00% Debt/Capital levy 566,293 718,288 26.84% 6,884,768 7,372,871 7.09% COUNCIL CONSIDERATION Staff is respectfully requesting the City Council to review the draft budget and provide feedback. The 2025 proposed levy and public meeting date need to be set prior to the end of September 2024.