07-08-1985 Council Packet - Laserfiche WebLink

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LAKE MI1,1NETONKA CONSERVATION DISTRICT TO: LMCD BOARD OF DIRECTORS FROM: Frank Mixa DATE: June 26, 1985 SUBJ: 1986 Proposed Budget Attached is the proposed 1986 budget for the District. The total budget request of $107,622 represents no increase from last year's $49,975 levy, and an increase of $4,212 over last year's Other Income of $53,435. Other Income includes license and permit fees, interest, and other miscellaneous revenue. Distribution of the levy to the villages would also remain the same, de- pending on relative changes in assessed values. There was no levy increase from 1982 to 1983. Last year's levy was reduced 28%. The budget now levys approximately 26.4% of the 1/3 mil allowable under the Statute, compared with 27.8% last year, and 39.8% the year before. This ratio has been de- clining steadily from 75% in 1975 (relatively, a 65% reduction.) The budget provides the following adjustments: 1. 4% for salary increases. 2. Part Time clerical services increase of 2 hours a week. 3. Continued adjustment in the Capital Outlay to replace funds ex- pended for the Xerox collator, Memorywriter, and for other future office equipment purchases. 4. Office equipment maintenance contracts changes. 5. Provision has been made under Other Contractual Services for con- tractual accounting services as in 1985. 6. Recodification of the LMCD Code of Ordinances has been budgeted in 1985 and 1986 as needed. 7. The office rent increase for 1983 is amortized over the balance of the lease @ $405 per year. B. Provision has been made for increased insurance costs. 9. Other minor changes reflect adjustments for increased LMCD activity or anricipated inflationary effects. The Contingencies and Reserve fund of $53,720 will fall below the District limit of .r- nalf the budget by the end of 1985, after purchasing authorized