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HomeMy WebLinkAbout2023-08-24 Council Work Session Agenda PacketCouncil Work Session Agenda August 24, 2023 – 5:30 pm 1. Call to Order / Roll Call 2. Draft 2024 Budget Discussion* 3. Unscheduled Items 4. Adjournment *Includes Materials - Materials relating to these agenda items can be found in the house agenda packet book located by the Council Chambers entrance, or online at the City’s website at www.corcoranmn.gov. HYBRID MEETING OPTION AVAILABLE The public is invited to attend the regular Council meetings at City Hall. Meeting Via Telephone/Other Electronic Means Call-in Instructions: +1 312 626 6799 US Enter Meeting ID: 829 5554 0735 Press *9 to speak during the Public Comment Sections in the meeting. Video Link and Instructions: https://us02web.zoom.us/j/82955540735 visit http://www.zoom.us and enter Meeting ID: 829 5554 0735 Participants can utilize the Raise Hand function to be recognized to speak during the Public Comment sections in the meeting. Participant video feeds will be muted. In-person comments will be received first, with the hybrid electronic means option following. For more information on options to provide public comment visit: www.corcoranmn.gov 2024 PRELIMINARY BUDGET PRESENTATION August 24, 2023 Council Work Session TIMELINE •July 27th – First draft of 2024 budget presented •August 24th – Second draft of 2024 budget presented •September 14th – Presenting 2024 Preliminary Budget at Council Meeting •September 30th – Deadline to adopt Preliminary Budget •September/October – Staff will present first draft of Water & Sewer Draft Budget •Final Levies & Budget Adoption by December 28th •December 18th Council Meeting PRELIMINARY BUDGET INFORMATION •Estimated Preliminary Tax Capacity = $19,785,236 •Less Estimated Tran Line & Contribution = $758,355 •Estimated Adjusted Net Tax Capacity = $19,026,881 •Draft 2024 Tax Levy = $8,830,383 •2024 Preliminary Tax Capacity Rate: 𝑇𝑜𝑟𝑎𝑙 𝑇𝑎𝑥 𝐿𝑐𝑟𝑥 −𝐹𝑖𝑟𝑐𝑎𝑙 𝐶𝑖𝑟𝑜𝑎𝑟𝑖𝑟𝑖𝑐𝑟 𝐴𝑐𝑖𝑟𝑟𝑟𝑐𝑐 𝑁𝑐𝑟 𝑇𝑎𝑥 𝐶𝑎𝑜𝑎𝑐𝑖𝑟𝑥=𝑇𝑎𝑥 𝐶𝑎𝑜𝑎𝑐𝑖𝑟𝑥 𝑅𝑎𝑟𝑐 8,830,383 −359,809 19,026,881 =44.519% •*The numbers above are the final preliminary numbers from Hennepin County. •2023 Actual Tax Capacity Rate = 42.122% PRELIMINARY BUDGET INFORMATION •Market Value Change •Agricultural: 7% •Commercial: 8.4% •Industrial: 15.9% •Single Residential: 3.9% EFFECT OF 2024 TAX LEVY & BUDGET ON RESIDENTIAL PROPERTIES INCREASE OF 3.9% MARKET VALUE (AVERAGE INCREASE IN CORCORAN) WITH CURRENT DRAFT BUDGET TAX RATE Actual Estimated Actual Estimated Actual Estimated Actual Estimated Actual Estimated 2023 2024 2023 2024 2023 2024 2023 2024 2023 2024 Value 250,000$ 259,750$ 400,000$ 415,600$ 750,000$ 779,250$ 1,000,000$ 1,039,000$ 1,500,000$ 1,558,500$ Market Value Exclusion (MVE)14,740$ 13,863$ 1,240$ -$ -$ -$ -$ -$ -$ -$ Tax Value 235,260$ 245,888$ 398,760$ 415,600$ 750,000$ 779,250$ 1,000,000$ 1,039,000$ 1,500,000$ 1,558,500$ Tax Capacity (Net) *2,352.60$ 2,458.88$ 3,987.60$ 4,156.00$ 7,500.00$ 7,792.50$ 10,000.00$ 10,390.00$ 15,000.00$ 15,585.00$ Tax Rate 42.122%44.519%42.122%44.519%42.122%44.519%42.122%44.519%42.122%44.519% Net City Tax 990.96$ 1,094.67$ 1,679.66$ 1,850.21$ 3,159.15$ 3,469.14$ 4,212.20$ 4,625.52$ 6,318.30$ 6,938.29$ % Increase from Prior Year 10.47%10.15%9.81%9.81%9.81% $ Increase from Prior Year 103.70$ 170.55$ 309.99$ 413.32$ 619.99$ Market Value Exclusion = First 40% of the first $76,000 of market value. For homestead value between $76,000 and $413,800, the exclusion is $30,400 minus 9% of the value over $76,000. Homesteads valued at $413,800 or more do not receive the exclusion. Tax Capacity (Net) = 1% of first $500,000 of market value plus 1.25% of all value over $500,000 The Market Value adjustment is based on the average market value increase on a residential property = 3.9% EFFECT OF 2024 TAX LEVY & BUDGET ON RESIDENTIAL PROPERTIES INCREASE OF 3.9% MARKET VALUE (AVERAGE INCREASE IN CORCORAN) WITH NO CHANGE IN TAX RATE Actual Estimated Actual Estimated Actual Estimated Actual Estimated Actual Estimated 2023 2024 2023 2024 2023 2024 2023 2024 2023 2024 Value 250,000$ 259,750$ 400,000$ 415,600$ 750,000$ 779,250$ 1,000,000$ 1,039,000$ 1,500,000$ 1,558,500$ Market Value Exclusion (MVE)14,740$ 13,863$ 1,240$ -$ -$ -$ -$ -$ -$ -$ Tax Value 235,260$ 245,888$ 398,760$ 415,600$ 750,000$ 779,250$ 1,000,000$ 1,039,000$ 1,500,000$ 1,558,500$ Tax Capacity (Net) *2,352.60$ 2,458.88$ 3,987.60$ 4,156.00$ 7,500.00$ 7,792.50$ 10,000.00$ 10,390.00$ 15,000.00$ 15,585.00$ Tax Rate 42.122%42.122%42.122%42.122%42.122%42.122%42.122%42.122%42.122%42.122% Net City Tax 990.96$ 1,035.73$ 1,679.66$ 1,750.59$ 3,159.15$ 3,282.36$ 4,212.20$ 4,376.48$ 6,318.30$ 6,564.71$ % Increase from Prior Year 4.52%4.22%3.90%3.90%3.90% $ Increase from Prior Year 44.77$ 70.93$ 123.21$ 164.28$ 246.41$ Market Value Exclusion = First 40% of the first $76,000 of market value. For homestead value between $76,000 and $413,800, the exclusion is $30,400 minus 9% of the value over $76,000. Homesteads valued at $413,800 or more do not receive the exclusion. Tax Capacity (Net) = 1% of first $500,000 of market value plus 1.25% of all value over $500,000 The Market Value adjustment is based on the average market value increase on a residential property = 3.9% EFFECT OF 2024 TAX LEVY & BUDGET ON RESIDENTIAL PROPERTIES INCREASE OF 3.9% MARKET VALUE (AVERAGE INCREASE IN CORCORAN) WITH DECREASE OF 1.83% IN TAX RATE TO DECREASE CITY TAX PORTION Actual Estimated Actual Estimated Actual Estimated Actual Estimated Actual Estimated 2023 2024 2023 2024 2023 2024 2023 2024 2023 2024 Value 250,000$ 259,750$ 400,000$ 415,600$ 750,000$ 779,250$ 1,000,000$ 1,039,000$ 1,500,000$ 1,558,500$ Market Value Exclusion (MVE)14,740$ 13,863$ 1,240$ -$ -$ -$ -$ -$ -$ -$ Tax Value 235,260$ 245,888$ 398,760$ 415,600$ 750,000$ 779,250$ 1,000,000$ 1,039,000$ 1,500,000$ 1,558,500$ Tax Capacity (Net) *2,352.60$ 2,458.88$ 3,987.60$ 4,156.00$ 7,500.00$ 7,792.50$ 10,000.00$ 10,390.00$ 15,000.00$ 15,585.00$ Tax Rate 42.122%40.292%42.122%40.292%42.122%40.292%42.122%40.292%42.122%40.292% Net City Tax 990.96$ 990.73$ 1,679.66$ 1,674.54$ 3,159.15$ 3,139.75$ 4,212.20$ 4,186.34$ 6,318.30$ 6,279.51$ % Increase from Prior Year -0.02%-0.30%-0.61%-0.61%-0.61% $ Increase from Prior Year (0.23)$ (5.12)$ (19.40)$ (25.86)$ (38.79)$ Market Value Exclusion = First 40% of the first $76,000 of market value. For homestead value between $76,000 and $413,800, the exclusion is $30,400 minus 9% of the value over $76,000. Homesteads valued at $413,800 or more do not receive the exclusion. Tax Capacity (Net) = 1% of first $500,000 of market value plus 1.25% of all value over $500,000 The Market Value adjustment is based on the average market value increase on a residential property = 3.9% REVENUE COMPARISON TAXES, 72% LICENSES AND PERMITS, 14% INTERGOVERNMENTAL REVENUE, 4% CHARGES FOR SERVICES, 3% FINES AND FORFEITS, 0% OTHER REVENUE, 7% 2023 REVENUE BY CATEGORY TAXES, 74% LICENSES AND PERMITS, 9% INTERGOVERNMENTAL REVENUE, 3% CHARGES FOR SERVICES, 7% FINES AND FORFEITS, 0% OTHER REVENUE, 6% 2024 REVENUE BY CATEGORY EXPENDITURE COMPARISON BY DEPARTMENT General Government, 31% Police, 25%Fire, 5% Public Works/Rec/Parks, 25% Planning/Engineering, 2% Transfers, 4% Debt Service, 8% 2023 EXPENDITURE BY DEPARTMENT General Government, 18% Police, 25% Fire, 7%Other Public Safety, 7% Public Works/Rec/Parks, 23% Planning/Engineering, 6% Transfers, 3% Debt Service, 10% 2024 EXPENDITURE BY DEPARTMENT EXPENDITURE COMPARISON BY CATEGORY Personal Services Supplies Services & Charges Repairs & Maintenance - Contracted Rentals Miscellaneous Other (Including Transfer) 2023 EXPENDITURE BY CATEGORY Personal Services Supplies Services & Charges Repairs & Maintenance - Contracted Rentals Miscellaneous Other (Including Transfer) 2024 EXPENDITURE BY CATEGORY BIGGEST BUDGET IMPACTS •Staff cost •7% increase (3% market adjustment, 4% COLA) •10% increase in health insurance cost, split 70/30 by the employer/employee •Recruitment and retention for staff •Contracted Services •Assessing - $45,000 (Estimated to be $165,000) •Fire Service - $50,470 (Assuming increase of 27.7% based on previous year for Rogers Fire Department, Loretto came in at ) •Paved Streets - $20,000 •Unpaved Streets - $55,000 •2023A - $373,590 BIGGEST CHANGES FROM PREVIOUS DRAFT •Staff Changes •Communications Assistant – moved to transition full time to 3rd quarter •Intern – removed •IT Manager – start date moved to 2nd quarter •Medical Responders – removed •Part-Time Police Technician – moved start date to 3rd quarter •Part-Time Public Works Maintenance Worker – decreased hours from 1 FTE to .75 FTE BIGGEST CHANGES FROM PREVIOUS DRAFT •Revenue •Building permits – increase by $53,500 •Municipal State Aid for Streets – increase by $5,000 •Transfer from Other Fund – increase by $25,700 •Expenditure •Central Services: Transfers – decrease by $73,000 •Information Technology: Professional Services – decrease by $20,000 •Fire: Professional Services – decrease by $107,538 •Paved Streets: Repair and Maintenance – decrease by $95,000 CONCLUSION •Further directions from Council •Key Areas for Consideration •Recreation Programming Revenue •Council Wages •Fire Service •Other Staff Changes •Future Planning •Earned Sick and Safe Leave Item 2. 1 8200 County Road 116  Corcoran, MN 55340 763-420-2288  www.corcoranmn.gov MEMO Meeting Date: August 24, 2023 To: City Council From: Maggie Ung, Finance Manager Re: Draft 2024 Budget ____________________________________________________________________ Staff brought the first draft of the 2024 budget for review by City Council on July 27, 2023. The main direction of the Council for the 2024 budget was to find ways to reduce the tax levy to maintain or reduce tax rate. Staff have been refining the budget to try to meet the directive of the Council. Upon receiving preliminary information from Hennepin County, the Adjusted Net Tax Capactiy came in at $19,026,881 (first draft of budget anticipated $21,066,332). This amount may change as final net tax capacity is not available until 2024. The first draft of the 2024 budget had a tax rate of 43.824%, an increase tax levy of $2,386,548. To maintain the existing tax rate of 42.122%, with the updated information from the County, the total tax levy can increase by $1,215,933. The second draft of the 2024 draft budget presents a tax levy increase of $1,672,060, $456,127 over what is needed to maintain the existing tax rate. With final preliminary numbers, the tax rate is now anticipated to be 44.519% with the second draft of the 2024 budget. The following outlines some of the larger changes in expenditures in comparison to the first draft of 2024 budget. More changes may occur once numbers are retrieved from the County. Staffing: The following outlines the significant differences between from the first draft to the second draft of the 2023 budget for staffing related changes. General Government  Communications Assistant – Originally budgeted full-time for the full year; moved transition date to third quarter of the year – decrease expenditure by $42,567  Intern – removed from budget – decrease expenditure by $43,645 Item 2. 2  IT Manager – start date moved to 3/1/2024 instead of beginning of year – decrease expenditure by $22,300 Public Safety  Medical Responder – removed from budget – decrease expenditure by $108,600  Police Technician – decreased from 1040 hours to 260 hours – decrease expenditure by $23,381 Public Works  Part-Time Public Works Maintenance Worker – decreased budget from 2082 hours to 1560 hours – decrease expenditure by $16,400 Additional Changes The following outlines the significant differences between from the first draft to the second draft of the 2023 budget. Revenue Changes  Building Permits: reallocate a portion of revenue to new line items for the purpose of transparency and accurate reporting: Gas Installation Permits, Plumbing Connection Permits, Mechanical Permits, Building Permit Plan Check Fee, Other Building Related Fees – increase revenue by $53,500  Municipal State Aid for Streets – Maintenance - Increased based on average of past 3 actual years – increase revenue by $5,000  Transfer from Other Fund – updated to capture expenditures being reimbursed by Water and Sewer Funds to selected Public Works item and 3.74 FTE employee – increase revenue by $25,700 Expenditure Changes General Government  Central Services o Professional Services: moved $23,000 to Software (new line item) and $10,000 to Finance – Professional Services for financial management services – no impact o Dues and Membership: Increase Elm Creek Management fee – increase expenditure by $1,300 o Transfers: decrease CIP $50,000; decrease Stormwater $5,000; decrease Facility Fund $40,000; added in Skid steer originally budgeted in Public Works and Parks department in General fund ($14,000 increase); moved Night To Unite from Police department of $7,000; and added Holiday Drive $1,000 – decrease expenditure by $73,000  Information Technology o Professional Services: reduce managed services – decrease expenditure by $20,000 Public Safety  Police o Operating Supplies: moved software expenditure to new line-item Software – no impact Item 2. 3  Fire o Received fire quotes from Loretto (decrease of 12.2% and Hanover increase of 4%) – decrease expenditure by $107,538 Public Works  Paved Streets o Repair and Maintenance – Contract: Decrease asphalt maintenance – decrease expenditure by $95,000 Areas for Consideration The following are key areas for City Council to consider with moving forward with the 2024 budget:  Recreation Programming Revenue o Additional revenue sources/fee increase o Program adjustments – flip program seasons between soccer and baseball o City subsidized portion – currently 2/3 of expense is subsidized by the City  Council wages – comparison will be shown at work session  Fire service – more directions needed o Fire Commander position for full year is $176,000 (includes wages, pension, insurance, and employer tax withholding costs).  Other staff changes: part-time positions o Communication Assistance – transition to full time 10/1/2024 o Police Technician – start 10/1/2024  Future planning o Bonds for equipment and other project, such as Park Remaster, will increase future tax rates o Expenses (facility, medical response, fire contract increases)  Effective 1/1/24, sick leave is required for all employees (part-time, seasonals, council) o City Council to turn in time-cards o Reduce productivity – will lose 2.3% of staff time if added in The City Council should provide further direction on changes they would like to see prior to staff presenting the final preliminary budget and levy on September 14, 2023. A preliminary levy must be adopted on September 30th and tax impact statements will be mailed to all properties in November based upon the adopted preliminary levy by the County. Attachments: 1. July 27, 2023 Council Work Session Memo 2. Rev. 2 – Draft 2024 Budget (to be sent prior to work session) Item 2. 1 8200 County Road 116  Corcoran, MN 55340 763-420-2288  www.corcoranmn.gov MEMO Meeting Date: August 24, 2023 To: City Council From: Maggie Ung, Finance Manager Re: Draft 2024 Budget ____________________________________________________________________ Staff brought the first draft of the 2024 budget for review by City Council on July 27, 2023. The main direction of the Council for the 2024 budget was as to find ways to reduce the tax levy to maintain or reduce tax rate. Staff have refined budget to closer meet the goals of the Council. Staff is anticipating more information from Hennepin County on tax capacity prior to the Council work session and will provide the second draft budget upon receiving the information. The following outlines some of the larger changes in expenditures in comparison to the first draft of 2024 budget. More changes may occur once numbers are retrieved from the County. Staffing: The following outlines the significant differences between from the first draft to the second draft of the 2023 budget for staffing related changes. General Government • Communications Assistant – Originally budgeted full-time for the full year; moved transition date to halfway through the year – decrease expenditure by $11,832 • Intern – removed from budget – decrease expenditure by $43,645 • IT Manager – start date moved to 3/1/2024 instead of beginning of year – decrease expenditure by $22,300 Public Safety • Medical Responder – removed from budget – decrease expenditure by $108,600 • Police Technician – decreased from 1040 hours to 520 hours – decrease expenditure by $15,500 Item 2. 2 Public Works • Part-Time Public Works Maintenance Worker – decreased budget from 2082 hours to 1560 hours – decrease expenditure by $16,400 Additional Changes The following outlines the significant differences between from the first draft to the second draft of the 2023 budget. Revenue Changes • Building Permits: reallocate a portion of revenue to new line items for the purpose of transparency and accurate reporting: Gas Installation Permits, Plumbing Connection Permits, Mechanical Permits, Building Permit Plan Check Fee, Other Building Related Fees – increase revenue by $3,500 • Municipal State Aid for Streets – Maintenance - Increased based on average of past 3 actual years – increase revenue by $5,000 • Transfer from Other Fund – updated to capture expenditures being reimbursed by Water and Sewer Funds to selected Public Works item and 3.74 FTE employee – increase revenue by $25,900 Expenditure Changes General Government • Central Services o Professional Services: moved $23,000 to Software (new line item) and $10,000 to Finance – Professional Services for financial management services – no impact o Dues and Membership: Increase Elm Creek Management fee – increase expenditure by $1,300 o Transfers: decrease CIP $50,000; decrease Stormwater $5,000; decrease Facility Fund $40,000; added in Skid steer originally budgeted in Public Works and Parks department in General fund ($14,000 increase); moved Night To Unite from Police department of $7,000; and added Holiday Drive $1,000 – decrease expenditure by $73,000 • Information Technology o Professional Services: reduce managed services – decrease expenditure by $20,000 Public Safety • Police o Operating Supplies: moved software expenditure to new line item Software – no impact • Fire o Received fire quotes from Loretto (decrease of 12.2% and Hanover increase of 3%) – decrease expenditure by $108,738 Public Works • Paved Streets o Repair and Maintenance – Contract: Decrease asphalt maintenance – decrease expenditure by $50,000 Item 2. 3 The City Council should provide further direction on changes they would like to see prior to staff presenting the final preliminary budget and levy on September 14, 2023. A preliminary levy must be adopted on September 30th and tax impact statements will be mailed to all properties in November based upon the adopted preliminary levy by the County. Attachments: 1. July 27, 2023 Council Work Session Memo 2. Rev. 2 – Draft 2024 Budget (to be sent prior to work session) 1 8200 County Road 116  Corcoran, MN 55340 763-420-2288  www.corcoranmn.gov MEMO Meeting Date: July 27, 2023 To: City Council From: Maggie Ung, Finance Manager Re: Draft 2024 Budget ____________________________________________________________________ Staff has completed the first draft of the 2024 budget for review by the City Council. The draft includes the funds needed for the continuation of services provided, with additional recommendations to meet the increased needs of the organization. Direction for staff was to draft a budget that does not raise the tax rate. Staff has used a conservative estimate for tax capacity, with the adjusted net tax capacity of $21,066,332, which is the average of the past 3 years’ increase. This amount will change as an estimate from the county will be available within the next couple of months. Final net tax capacity is not available until 2024. It is estimated that the tax levy can increase by $2,028,050 and maintain the existing tax rate of 42.122%. The first draft of the 2024 budget has a tax levy increase of $2,386,548 which is $358,560 over that amount and tax rate of 43.824%. Staff will continue to refine the budget to meet City Council’s priorities. The budget is presented as is to receive initial feedback from the City Council prior to that refinement taking place. The following outlines some of the larger changes in expenditures to the budget from 2023. The attached draft budget includes many other changes on various line items. Staffing: The largest increase to the draft 2023 budget is staffing. The City has seen significant increases in new home construction with a major uptick beginning in 2019. The projected new homes constructed between 2019-2023 is 1,098 units. This non- incremental increase in new homes requires the same non-incremental increase in staffing to ensure basic services can continue to be provided. To achieve this, the following additional positions are included in the 2024 budget as compared to the 2023 budget. In addition to the added positions, a 7% increase (3% market adjustment, 4% cost-of-living adjustment) in wages is assumed as well as a 10% increase in insurance costs, split 70/30 by the employer/employee. Agenda Attachment: 2-1. 2 General Government • • • • Part-time Intern for Administration department Transition Part-time to Full-time Communication Assistant and add benefits, transition date of 01/01/2024 Election Judges included in budget for 2024 Presidential election year Full-time Information Technology (IT) personnel, start date of 01/01/2024 Public Works & Parks: • • Increase Part-time/Seasonal Public Works employee hours by 1,030 hours (0.5 FTE) Part-time Program Coordinator for recreation (from 960 hours to 1040 hours), will be PERA pension eligible Public Safety • • • • Transition 2 Part-Time Community Service Officers (CSO) to 1 Full-time position and add benefits, transition date of 01/01/2024 Increase Part-time Police Officer by approximately 500 hours (0.25 FTE) Add Part-time Police Technician, start date of 01/01/2024 Add 1 FTE of Part-time Medical Responders, start date of 01/01/2024 In addition to the staffing increases, a new line item for each department with staff has been added for recruitment and retention purpose. The following outlines some of the larger non-staffing expenditure increases included in the draft budget. General Government • • o o • • • o o o o Communication: $5,000 – General Notices/Publication Info: outsource printing of newsletter Finance: $6,000 – Training/Instruction Supplies: tuition reimbursement request forthcoming $37,750 – Professional Services: estimated increase in audit services of 5% and financial/escrow assistance Assessing: $45,000 – Professional Services: actual 2023 expense was $150,000 ($30,000 over 2023 budgeted amount), County provided estimate is $165,000 for 2024 Legal: $5,000 – Legal Service: assuming an 11% increase, average based on past 3 years’ average Central Services $10,000 – Professional Services: new ADP modules and Admin fee increase, additional EAP service for staff $32,000 – Insurance: actual 2023 came in $20,000 over budget. Assume 9% increase from 2023 actual amount for Property & Casualty insurance $15,000 – Repairs and Maintenance – Contract: City Hall front landscaping and irrigation repair $(20,000) – Miscellaneous: move budget to Police department 3 o o • • $(7,500) – Credit Card Fees: Move to recreation and Police department for better transparency of what the fees are related to $100,000 – Transfers: increase $50,000 to CIP Fund, $10,000 to Stormwater Fund, $50,000 to Facility Fund Planning & Zoning: $15,000 – Professional Services: increase based on prior year actuals Information technology: $(23,000) – Operating Supplies: added Granicus licensing and moved Motorola (previously Watchguard) ($11,000), LETG ($18,000), and Axon Fotokite license ($3,800) to Police Department as these are Police specific expense Public Safety • o o o • o Police $41,800 – Operating Supplies: moved Motorola (previously Watchguard) ($11,000), LETG ($18,000), and Axon Fotokite license ($3,800) from IT Department as these are Police specific expense $14,500 – Legal Fees: increased based on 3 year average of actual expenditures $7,300 – Repair and Maintenance-Vehicles: based on 2023 actual billed amount. Fire $158,008 – Professional Services: assume 27.7% increase to contracts based on increase between 2022 and 2023 Public Works & Parks • o • • • • Highway, Streets & Roadways $10,000 – Electric Utilities: based on an increase from prior year actuals Paved Streets: $115,000 – Increase in contracted service anticipated Unpaved Streets: $55,000 – Increase in contracted service anticipated Recreation: $4,000 – Credit Card Fees: moved from Central Services as the transactions are specific to the recreation programming Parks: $(40,000) – Improvement Other than Buildings: Moved NW Trail grant to liability account as this is a pass through item Staff is requesting City Council to provide direction on additional changes to be made. Staff will continue to refine budget and bring back to the Council for further feedback at the August 24th work session. A preliminary levy must be adopted by September 30th and tax impact statements will be mailed to all properties in November based upon that adopted preliminary levy. The Council may wish to schedule an additional work session if significant conversation is required. Attachments: 1.Rev. 1 – Draft 2024 Budget