CC PACKET 09142021 - Laserfiche WebLink

Home Browse Search

City Council Regular Meeting Minutes August 24, 2021 Page 3 Employee/Employer. Includes an allowance for an additional fulltime firefighter starting mid-1 2022. City staff is seeking a grant which would fund 50% of this position. 2 3 Contracted services: 11.0% of expenditures, overall costs up $38,217. Construction inspections 4 costs mirror the increasing permit activity producing an increase in expenses of $24,261. This 5 increase has no impact on the levy as the inspection fee is a percentage of permit revenue 6 received. Assessor, Attorney, Auditor, Engineer, Inspector and Planner services reflect rate and 7 activity increases. These factors result in a cost impact of $13,894. 8 9 Insurance costs: 4.4% of expenditures, overall higher by $3,321. Both Worker’s Compensation 10 and Property and Liability policies had increases in premium rates that were mitigated by 11 improved experience ratings. 12 13 Pass through costs: 2.2% of expenditures, costs up $1,325. City of New Brighton gasoline 14 purchasing ending in January 2021, which eliminated the most volatile budget item in this group 15 costs. 16 17 Remaining budget line items combined total $953,210 or 11.9% of expenditures, costs up 18 $69,481. The overall increase includes $20,000 for a community survey. 2022 budgeted 19 expenses anticipate returning to pre-COVID activity levels which increases spending on 20 communications, supplies, repairs and maintenance, training, utilities and fuels. Inflationary 21 factors of 3% - 6% have been applied to many of the estimated costs as well. Police contracted 22 services has increased by $29,065. Excess Tax Increment collections are projected to decrease by 23 $32,475 in 2022. General Fund investment earnings are expected to decline by $9,500 in 2022. 24 School District opted to eliminate the DARE program in January 2021, revenue loss of $14,500. 25 Statewide appeal to extend PERA Aid failed, lost revenue of $7,197. 26 27 Ms. Rueckert showed a chart of the 2022 Proposed Levies. She explained the increases from 28 2021 to 2022. 2021A General Obligation Bonds - $2,085,000 were issued for the construction 29 portion of Street Reconstruction and Utilities replacement and Mill and Overlays. In 2021, the 30 median value home’s property taxes were $67.07 monthly for road, utility, parks and facility 31 improvements. The overall levy increase without Debt Levy Relief is 11.91% and with Debt 32 Levy Relief is 4.80%. 33 34 Ms. Rueckert summarized the 2022 budget: 35 • General Fund operating budget totals $7,994,029, supported by a property tax levy of 36 $5,080,297. 37 • Personnel costs represent 70.5% of General Fund expenditures: Costs up $229,900 or 38 4.24%. 39 • Insurance expenditures up $3,321. 40 • Contracted services up $38,217. 41 • Park Improvement levy introduced $5,000. 42 • Other Capital Funds levies increased by $35,000 43 • Increase in all levies totals $377,497 or 4.80%. 44 45 46 3