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Res 2018-036/approving a budget policy statement for preparation of the 2018-2019 fiscal year
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Res 2018-036/approving a budget policy statement for preparation of the 2018-2019 fiscal year
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3/13/2018 11:02:15 AM
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3/12/2018 4:17:58 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2018-36
Date
3/6/2018
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• Rate study underway and preliminary results and decision points will be presented to <br /> Council during budget discussions. <br /> • Proposed rates will be brought forward after the first of the calendar year for adoption. <br /> HOTEL MOTEL FUND <br /> • Revenue budgeted based on conservative trends reflecting new hotel rooms, <br /> occupancy rate, and average room rate. <br /> III. Expenditures <br /> All budget requests from outside agencies must be submitted for consideration prior to <br /> May 1. <br /> GENERAL FUND <br /> • Funding year 4 of the Meet and Confer agreement with Police and Fire with a 4.5% <br /> increase in wages. <br /> • Pursue the goal of funding 4.5% merit and cost of living increase for non-civil service <br /> employees. <br /> • Additional personnel will be evaluated through the departmental budget request <br /> process. <br /> • Estimated 5% increase in health insurance premium beginning January 1, 2019. <br /> • Base operations budgets flat. Additions to the department budgets must be requested, <br /> justified, and ranked by priority. <br /> • Fuel/Contractual Obligations/Consumer Price Index increases allowed. <br /> • Continue the annual $200,000 contribution to the economic development reserve that <br /> is shared equally between General Fund, Water Wastewater Fund, and Electric Fund. <br /> • Continue allocation of $150,000 to fund the existing Youth Services Manager position <br /> and youth focused programs identified in the youth master plan. City Manager will <br /> examine structure and cycle of funding. <br /> • Increase allocation for museum funding $25,000 to $100,000 with a maximum of <br /> $25,000 per participant. <br /> • Increase Social Services funding levels $50,000 to $500,000. City Manager will <br /> examine the structure and funding cycle. <br /> WATER/WASTEWATER FUND <br /> • Pursue the goal of funding 4.5% merit and cost of living increase for non-civil service <br /> employees. <br /> • Additional personnel will be evaluated through the departmental budget request <br /> process. <br /> • Estimated 5% increase in health insurance premium beginning January 1, 2019. <br /> • Base operations budgets flat. Additions to the department budgets must be requested, <br /> justified, and ranked by priority. <br /> • Fuel/Contractual Obligations/Consumer Price Index increases allowed. <br /> Budget Policy Page 2 March 6,2018 <br />
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