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CC PACKET 09122017
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CC PACKET 09122017
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9/13/2017 8:39:54 AM
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9/8/2017 8:44:12 AM
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2018 Budget Parameters <br />For the 2017 levy process the future costs associated <br />with the officer involved shooting were not included <br />in the levy. <br />The beginning 2017 General Fund fund balance is in <br />compliance with the Fund balance policy. <br />Therefore Staff has employed the same approach for <br />the 2018 levy process. Staff will review status of fund <br />balance at year-end. Fund transfers or inter-fund <br />loans may be proposed to maintain minimum fund <br />balance. <br />General Fund and Levy <br />2017 2018 Increase <br />(Decrease) <br />General/HRA $3,731,293 $4,138,068 $406,775 <br />Debt Service $2,413,292 $2,405,743 ($7,549) <br />Capital/Building <br />Improvements $306,200 $306,200 $0 <br />Overall Levy $6,450,785 $6,850,011 $399,226 <br />Total Percent Change 6.19% <br />25
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