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Res 2017-074/approving a Budget Policy Statement for preparation of the 2017-2018 fiscal year budget
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Res 2017-074/approving a Budget Policy Statement for preparation of the 2017-2018 fiscal year budget
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5/3/2017 4:10:18 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-74
Date
4/18/2017
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WATER/WASTEWATER FUND <br /> • Additional personnel based on need and capacity <br /> • Estimated 5% increase in health insurance premium beginning January 1, 2018 <br /> • Continued required contribution of an estimated 17.66% for TMRS <br /> • Base operations budgets flat. Additions to the department budgets must be <br /> requested, justified, and ranked by priority. <br /> • Fuel/Contractual Obligations/Consumer Price Index increases allowed <br /> • Utility fund transfers to the General Fund budgeted at 7% <br /> • Capital Outlay amounts determined through the rate model based on the <br /> planned replacement of vehicles scheduled through the Enterprise Fleet <br /> Management agreement, needed new and replacement large equipment, and <br /> other requests based on need <br /> ELECTRIC UTILITY FUND <br /> • Additional personnel based on need and capacity <br /> • Estimated 5% increase in health insurance premium beginning January 1, 2018 <br /> • Continued required contribution of an estimated 17.66% for TMRS <br /> • Base operations budgets flat. Additions to the department budgets must be <br /> requested, justified, and ranked by priority. <br /> • Fuel/Contractual Obligations/Consumer Price Index increases allowed <br /> • Utility fund transfers to the General Fund budgeted at 7% <br /> • Capital Outlay amounts determined through the rate model based on the <br /> planned replacement of vehicles scheduled through the Enterprise Fleet <br /> Management agreement, needed new and replacement large equipment, and <br /> other requests based on need <br /> V. Other Initiatives <br /> * Continue funding Capital Maintenance Funds and additional one-time funds <br /> related to: <br /> • Maintain Building Maintenance, Parks Maintenance, and IT Maintenance-same <br /> level as FY2017 <br /> • Maintain Police, Fire, and Activity Center Routine Capital-same level as FY2017 <br /> * Endeavor to determine and budget for sufficient funding levels for routine <br /> maintenance and capital replacement <br /> * Education and Youth Initiatives <br /> • Continue allocation of $150,000 to fund the existing Youth Services Manager <br /> position and youth focused programs identified in the youth master plan <br /> * Social Services <br /> * Maintain funding levels at $450,000 <br /> * Hotel Motel Fund <br /> * Revenue based on conservative trends reflecting new hotel rooms <br /> Budget Policy Page 3 April 18,2017 <br />
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