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08-03-2004 Council Work SessionA
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08-03-2004 Council Work SessionA
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I! <br />( <br />( <br />c <br />improvements, and park improvements, as well as additional police staffing needs, will need to be <br />addressed in future budgets. It is important that the City takes a substantial step toward increased <br />funding at this time, both to address a substantial portion of the deferred needs, and to put itself into a <br />position to be able to continue to address the remainder of the deferred needs in future budgets. <br />Tliird, the expiration of levy limits provides the flexibility to provide the necessary ftinding. It is <br />uncertain whether this flexibility will be available in future years. <br />General Fund Budget Expenditures <br />lire proposed expenditures in the General Fund are having the greatest impact on the tax lev>'. The <br />proposed 2005 General Fund expenditures are $5,114,190. This is an increase of $413,540, or 8.8% <br />over the 2004 budget. A summary of the major items causing the General Fund expenditure increase is <br />as follows: <br />• AlUlual pay adjustments. (The proposed budget reflects a 3% <br />increase in pay schedules). <br />$53,000 <br />• Cafeteria Benefit Plan contribution increase. 1 he proposed <br />expenditures reflect an increase in the City's contribution toward <br />employee health insurance and other benefit options in the cafeteria <br />benefit plan from $500.00 per month to $540.00 per month. <br />$21,000 <br />• The addition of a second Police Investigator.$60,000 <br />■ The addition of a part-time Finance Clerk to enable the I.T. <br />Coordinator/Assistant Finance Director to spend more time on I.T. <br />activities. <br />$33,417 <br />• The addition of a seasonal Park Maintenance position.$10,165 <br />■ Navarre Fire Station operating costs.$30,000 <br />• Providing increased training opportunities focused on enhancing the <br />use of technology. <br />$5,500 <br />• Initiating a tuition reimbursement program in the Police <br />Department to encourage and enable continuing education and <br />professional development. <br />$6,000 <br />• Providing initial or partial funding for the Navane strectscaping <br />project. <br />$20,000 <br />• Funding for a consultant to assist in planning related to the turnback <br />of Highway 12. <br />$20,000 <br />(Jcncral Fund Revenue HiohliEhts <br />Most General Fund revenues arc relatively stable. 1 he most significant increases arc in the tax le\7 and <br />tiic police service re\ emies. A tabic showing the re\ enues proposed to fund the General Fund budget is
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