Laserfiche WebLink
2022 BUDGET - COST DRIVERS <br />•Contracted services: 11.0% of expenditures, overall costs up $38,217 <br />Construction inspections costs mirror the increasing permit activity <br />producing a increase in expense of $24,261. This increase has no <br />impact on the levy as the inspection fee is a percentage of permit <br />revenue received. <br />Assessor, Attorney, Auditor, Engineer, Inspector and Planner <br />services reflect rate and activity increases. These factors result in a <br />cost impact of $13,894. <br />•Insurance costs: 4.4% of expenditures, overall higher by $3,321 <br />Both Worker’s Compensation and Property and Liability policy's <br />had increases in premium rates that were mitigated by improved <br />experience ratings. <br />2022 BUDGET - COST DRIVERS <br />•Pass through costs: 2.2% of expenditures, costs up $1,325 <br />City of New Brighton gasoline purchasing ending in January 2021, which <br />eliminated the most volatile budget item in this group costs. <br />•Remaining budget line items combined total $953,210 or 11.9% of expenditures, <br />costs up $69,481 <br />The overall increase includes $20,000 for a Community survey <br />2022 budgeted expenses anticipates returning to pre-COVID activity levels <br />which increases spending on communications, supplies, repairs and <br />maintenance, training, utilities and fuels. Inflationary factors of 3% to 6% <br />have been applied to many of the estimated costs as well.