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12/5/2024 <br />8 <br />2025 BUDGET - OTHER FACTORS <br />•Liquor transfer to the General Fund will be $300,000, an increase of $25,000 from  <br />2024. <br />•2025 State funded Local Government Aid reflects increases by only $921. <br />•Police contracted services is estimated to increase by $68,688, a 7% increase for  <br />Lauderdale. Startup costs for Falcon Heights will be offset by contract costs, no levy  <br />impact <br />•Excess Tax  Increment collections are projected to increase by $75,000 in 2025. <br />•Levy increase was reduced by use of one‐time public safety aid received in 2023 of  <br />$233,766 <br />2025 PROPOSED LEVIES <br />2024 Actual 2025 Proposed <br />$ Increase <br />($ Decrease) % Change <br />General Fund $5,479,630 $6,336,888 $458,606  <br />HRA Fund $209,414 $209,414 $0 <br />Debt Service Funds $1,926,734 $1,458,695 ($468,039) <br />Capital Improvement $368,200 $428,200 $60,000  <br />Building Improvement $98,000 $115,500 $17,500  <br />Infrastructure Improvement $635,447 $1,103,486 $468,039  <br />Park Improvement $15,000 $30,000 $15,000  <br />Total Change $9,191,133 $9,682,183 $491,050 5.34% <br />51