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Preliminary 2004 Budget 0\’ervic\%r <br />August I. 2003 <br />Page 3 <br />1. Recycling Grant. Reduced from $5,500 to $0 <br />2. Contracted Public Works Services. Reduced from $5,000 to <br />$2,500 <br />3. Police Special Services. Reduced from $48,000 to $45,000 <br />4. Contracted Inspection Services: Reduced from $15,000 to <br />$5,000 <br />5. False Alarm Fees: Reduced from $15,000 to $5,000 <br />6. Court Fines: Reduced from $110,000 to $95,000 <br />7. Interest: Reduced from $70,000 to $40,000 <br />8. Sale of Equipment: Reduced from $ 15,000 to $7,000 <br />9. MSA (Street Maintenance Aid): Reduced from $104,500 to <br />$100,000 <br />($ 5,500) <br />($ 2,500) <br />($ 3,000) <br />($10,000) <br />($10,000) <br />($15,000) <br />($30,000) <br />($ 8,000) <br />($ 4,500) <br />Revenue Increases <br />The following is a listing of those revenues that 4it nro;-K><;cd to increase significantly in 2004. <br />Conditional Use and Variance Fees. These arc proposed to be <br />increased from $250 per application to $500 per application, to <br />better reflect the amount of staff time required. <br />$20,000 <br />Contracted Police Service. This is simply a 3% increase to <br />reflect the increased expenditure level in the Police <br />Department. <br />$23,390 <br />Use of Reserves <br />The proposed 2004 budget includes the use of reser\ es in the General Fund and the PIR Fund as <br />sources of funding. In the General Fund reserves are proposed to be used to fund the biannual <br />increase in the election expenditures and to replace the recycling grant which has been eliminated by <br />Hennepin County. Because Elections expenditures are increased and decreased every other year, it is <br />recommended that the increase in Elections expenditures of $11,200 for 2004 be funded using <br />General Fund reser> es. <br />The City collects a recycling fee to pay the cost of the curbside recycling program. Since the <br />inception of the curbside recycling program, the cost of the program has been somewhat offset by a <br />recycling grant provided by Hennepin County. In recent years, the grant has been reduced, and will <br />be eliminated in 2004. Because the City has generated a reserve balance in its recycling fee account, <br />rather than increasing the recycling fee to offset the loss of the recycling grant, it is recommended <br />that the lost grant revenue be offset by the use of resen es in the amount of $5,500. <br />In recent years the City has levied $35,000 per year into the Permanent Improvement Revolving <br />(PIR) Fund to provide additional funding for street overlays, beyond the $97,000 amount included in