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2016 Budget – Page 3 <br />$180; this calculates to an increase of $90 in the monthly insurance contribution. The <br />2016 monthly insurance contribution for family coverage is $1,255; singles would <br />remain frozen at $915. This is an $11,880 increase in annual expenditures. <br /> <br />3. In 2015 non-union employees received a lump sum payment equal to 1.0% of their <br />wages as of 12/31/2014. This amount was for 2015 only, and the Council will need <br />to decide if it will continue in 2016. The 1.0% represents $18,802 in General Fund <br />expenditures. <br /> <br />4. For non-union employees, each 1% change in the wage scale amounts to $18,802. If <br />the Council chooses to match the union wage and insurance increase: a 2.75% wage <br />increase equals $51,705 and the $90 per month insurance increase is $8,640. <br /> <br />5. Due to the Stonebay and Lakeview developments contracted inspection services will <br />need to be increased. This increase will be offset by an increase in building permit <br />revenue. Staff is working on an estimate of the increase. <br /> <br />6. The City Contribution to the Police and Fire plan of the Public Employees Retirement <br />Association (PERA) is 16.2% for 2016. This is a $20,317 increase over the 2015 <br />budget. <br /> <br />7. 2016 is an election year. The budget will be increased by $16,000 to reflect the cost <br />of holding the election. <br /> <br />8. The City Administrator position is being budgeted at .75FTE. This represents an <br />expenditure decrease of $38,170. <br /> <br />9. The newly hired Community Development Director was hired at the top of the pay <br />scale. This is an increase of $20,000. <br /> <br />10. A funding solution for the City’s Capital Improvement Plan (CIP) including road <br />funding has not been identified. <br /> <br /> <br />The known changes in the expenditures listed above represent an increase of $160,372. This is <br />$128,492 greater than the increase in revenues. These amounts will change as we work through <br />the budget process. <br /> <br />Issues for discussion: <br /> <br />Tax Levy <br />Staff is requesting guidance on the amount that the Council is comfortable with for a tax levy. <br />The total increase from 2010 through 2015 is 2.27%, with the no increases in 2012, 2013, and <br />2014. During the same period inflation increased 7.95%. Taxes can be increased by $183,000 <br />without increasing the tax rate. <br />