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CC PACKET 08222023
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CC PACKET 08222023
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9/1/2023 11:24:54 AM
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8/17/2023 <br />10 <br />2024 BUDGET - COST DRIVERS <br />•Pass through costs: 2.3% of expenditures, costs up $10,250 <br />•Remaining budget line items combined total $1,134,142 or 12.1% of <br />expenditures, costs up $67,030 <br />Higher energy costs make up $17,979 of this increase <br />Then anticipated inflationary factors have been applied to many of the <br />supplies, printing, and repair and maintenance services pushing these <br />costs up by $26,742. <br />Costs include repairs and maintenance, utilities, fuels, training, supplies, communications, <br />sustainability programing, road maintenance, printing and publications etc. <br />2024 BUDGET - OTHER FACTORS <br />•Police contracted services has increased by $123,455, a 14.35% increase. <br />•Excess Tax Increment collections are projected to decrease by $77,000 in 2024. <br />•Liquor transfer to the General Fund will remain at $275,000 for 2024. <br />•2024 State funded Local Government Aid reflects a increase of $ 64,472
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