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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- Cost Drivers <br /> <br />Revenue Reductions <br />Transfer of Liquor operating profits reduced <br />by $50,000. <br />Reduction in Charges for Services of $653,772 <br />substantially represented by the termination of <br />the police services contract with the City of <br />Falcon Heights. <br />2018 Proposed Levies <br />2017 Actual 2018 <br />Proposed <br />$ Increase/ <br />Decrease % <br />General Fund $3,573,493 $3,975,534 $402,041 11.25% <br />C.I.P. $233,200 $233,200 $0 N/A <br />Road Improvement <br />Debt $1,827,208 $1,833,431 $6,223 0.34% <br />Lease Revenue Bonds $361,207 $344,882 $(16,325) (-4.32)% <br />HRA Levy $157,800 $162,534 $4,734 3.00% <br />Tax Abatement $224,877 $227,430 $2,553 1.14% <br />Building Improvement $73,000 $73,000 $0 N/A <br />Total $6,450,785 $6,850,011 $399,226 <br />Total Percent Change 6.19% <br />29
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