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CC PACKET 12112018
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CC PACKET 12112018
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12/12/2018 10:15:41 AM
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12/7/2018 11:24:49 AM
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<br /> <br /> <br />Expenditures: <br /> <br /> <br /> Personnel costs – 69.4% of expenditures, costs increased by $161,503 or 3.34% <br /> The Unions wage increases at the 2019 contracts amounts. <br /> Health Insurance premium increase of 10% is shared 50/50 by City and the Union <br />and Non-union employees Consistent with the Union contracts. <br /> Union Longevity and Step increases <br /> Employer PERA contribution increased by 0.75% for Police and Fire, mandated by <br />legislation impact. <br /> <br /> <br /> Contracted services – 7.7% of expenditures, overall decrease of $59,635 <br /> Construction permits inspection costs up due to greater activity anticipated <br />$13,153 <br /> Assessor, Attorney, Auditor, Engineer and Planner services reflect rate and activity <br />increases, cost up $32,573 <br /> Contracted Information Technology costs increased $13,909 <br /> <br /> Other Insurance costs – 4.1% of expenditures, overall costs higher by $55,601 or 23.50% <br /> Property, casualty and liability costs increased by $9,701 or 18% <br /> Worker’s compensation costs are greater by $45,900 or 41% <br /> <br /> Pass through costs – 4.4% of expenditures, up $30,599 <br /> Higher gasoline costs / Higher gasoline reimbursement <br /> Higher State Aid to St. Anthony Fire Relief Assoc. / Higher amount passed <br />through to same. <br /> <br /> Funding for initiatives below at $10,000 each, for a total increase of $40,000 a 0.58% <br />impact on Overall Levy, 0.3 % of General Fund expenditures <br /> Collaborative Reform <br /> Equity <br /> Property Resource <br /> Sustainability <br /> <br /> Remaining budget line items – 14.1% of overall expenditures or $1,016,868, costs up <br />$41,347 or 1.77%. Higher gasoline costs substantially accounts for the increased cost. <br /> <br /> <br />Revenues: <br /> <br /> 2019 Transfer of Liquor operating profits remained at 2018 to ensure sufficient working <br />capital within the Liquor fund. <br /> <br /> <br /> <br />22
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