Laserfiche WebLink
■ The existing balance of the Economic Development reserve of $800,000 <br />will be used to fund Strategic Initiatives and/or special projects at the <br />discretion of the City Manager. The fund is a contribution of General Fund, <br />Water Wastewater Fund, and the Electric Fund. Funds will be used on <br />projects/initiatives that support all areas of funding source. <br />■ Best Buy Call Center revenue net of sales tax rebate will be used for one- <br />time expenses and/or special projects to include but not limited to: <br />■ Strategic initiatives <br />• Workforce Housing <br />• Workforce Development <br />• Downtown Vitalization <br />• Multi modal transportation <br />• City Facilities <br />■ Animal Services - Increase live outcomes <br />■ Maintenance funding <br />Facilities <br />Parks <br />Streets <br />■ Maintain allocation for museum funding at $100,000 with a maximum of <br />$25,000 per participant. <br />■ Parking management funding requests to be presented later in the budget <br />process <br />■ CIP capacity to be determined to meet the needs of - <br />City facility projects <br />Cape's Dam <br />Infrastructure projects <br />■ Transit operations funding requests to be presented later in the budget <br />process <br />WATER/WASTEWATER FUND <br />■ Merit and cost of living increase for non -civil service employees will be <br />determined later in the budget process. <br />■ Estimated 10% increase in health insurance premium beginning January 1, <br />2020. <br />■ Base operations budgets held flat. Additions to the department budgets <br />must be requested, justified, and ranked by priority. <br />■ Staffing needs will be evaluated through the department budget request <br />process <br />Budget Policy Page 3 March 5, 2019 <br />