07-14-1986 Council Packet - Laserfiche WebLink

Home Browse Search

LAKE MINNCTONKA CONSERVATION DISTRICT Tb: LMCD BOARD MEMBERS FROM: ExrLutive Committee DATE: June 25, 1986 SUBJ: 1987 Proposed Budget Attached is the proposed 1987 budget for the District. a total budget request of $126.212 represents an increase of $12,937 from last year's $49.975 levy, and an increase of $3,618 over last year's Other Income of $59.682. Other Income includes license and permit fees, interest, and other miscellaneous revenue. Distribution of the levy to the villages would also be an increase of approximately 25.9% over :sat year depending on relative changes in assessed values. There was no lev. '.ncrease from 1982 to 1983. 1984's levy was reduced 28%. There was also no change in 1985 or 86. The budget now levys approximately 32.8% of the 1/3 mil allowable under the Statute, compared with 26.4% last year, and 39.8% in 1983. This ratio has declined from 75% in 1975 (relatively, a 60% reduction.) The budget provides the following adjustments: 1. 4% for salary increases. 2. Continued adjustment in the Capital Outlay to replace funds expended for the Xerox, Memorywrlter, and for other future office equipment purchases. 3. Office equipment maintenance contracts changes. 4. Recodlficatlon of the LMCD Code of Ordinances has been budgeted as needed. 5. The office rent increase for 1.983 is amortized over the balance of the lease @ $405 per year. 6. Provision has been made for increased insurance coats. 7. $10,000 has been provided for anticipated consulting services. 8. Committees and nntingencies have been increased to $4,000. The Contingencies and Reserve fund of $43,174 is below the District licit if cne-half the budget as of the end of 1985. after purchasing office equipment, and authorized special projects. The Committees and Contingency for 1987 has been increased to $4.000 to provide for an anticipated higher level of activity.