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CC PACKET 12122017
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CC PACKET 12122017
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12/13/2017 12:11:16 PM
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12/7/2017 3:45:18 PM
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2018 Budget Parameters <br />The 2018 levy does not include any further costs <br />associated with the officer involved shooting. <br />During 2016 and 2017 these costs were paid by the <br />General Fund. A transfer of $370,000 of capital fund <br />reserves has been included in the year-end transfers <br />to maintain the General Fund balance at 35%. <br />The capital fund reserves will be replenished over <br />time. <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 />26
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