2022 Budget Book - Laserfiche WebLink

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Management Summary In preparing the 2022 Budget, Staff continued its mission to maintain a high level of City services with the use of financially conservative budgeting. The 2022 Budget resulted in a $377,497 increase over last year’s levy amount, equating to a 4.8% levy increase. General and HRA Funds Each year the General Fund revenue and expenditure budget line items are examined for changes in expected collections/charges, labor adjustments, changes in contract rates, insurance rates, utility costs, usage of various materials or needs, etc. The findings of this examination produce the drivers associated with the proposed 6.85% increase in the General Fund Levy equaling a $325,647 increase- see below:  Personnel costs – 69.6% of General Fund expenditures, overall costs up $195,689 or 3.62%.  The Unions wage increases at the 2022 contracts amounts.  Health Insurance premium decrease of 3.2% is shared 50/50 by City and the Union. and Non-union employees Consistent with the Union contracts.  Costs include the addition of a part-time Accounting Clerk assist with the NineNorth contracted financial services.  Includes an allowance for an additional fulltime firefighter starting mid-year. The Fire Chief is seeking a grant which would fund 50% of this position.  Union Longevity and Step increases.  Contracted services – 11.1% of expenditures, overall increase $45,127.  Contracted Information Technology costs decreased $4,690.  Construction permit inspections budgeted at an increasing baseline activity has results in greater expense of $18,530. This increase has no impact on the levy as the inspection fee is a percentage of permit revenue received.  Professional fees and miscellaneous service contracts are estimated to increase by $31,286.  Other Insurance costs – 4.5% of expenditures, overall costs lower by $12,442.  Property, casualty and liability costs decreased by $16,346.  Worker’s compensation costs increased by $28,788. 3