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8/18/2022 <br />9 <br />2023 BUDGET - COST DRIVERS <br />•Pass through costs: 2.3% of expenditures, costs up $1,325 <br />•Remaining budget line items combined total $1,066,602 or 12.2% of <br />expenditures, costs up $85,327 <br />Higher energy costs make up $47,892 of this increase <br />2023 budgeted expenses anticipates inflationary factors of 5% to 6% <br />applied to many of the supplies and services purchases <br />Costs include repairs and maintenance, utilities, fuels, training, supplies, communications, <br />sustainability programing, road maintenance, printing and publications etc. <br />2023 BUDGET - OTHER FACTORS <br />•Police contracted services has increased by $58,027 <br />•Excess Tax Increment collections are projected to increase by $104,780 in 2023, <br />more than originally anticipated <br />•Liquor transfer to the General Fund will increase from $250,000 to $275,000 in 2023 <br />•2023 State funded Local Government Aid reflects a increase of $12,321, less than <br />originally anticipated <br />•Federal Grants reflects $172,039 of potential SAFER grant proceeds to be used for <br />hiring two additional firefighters <br />27