Res 2021-056/approving a Budget Policy Statement for preparation of the 2021-2022 Fiscal Year budget

Home Browse Search

■ Merit and cost of living increase for non -civil service employees will be budgeted with a 4% pool structured to provide more to lower paid employees and consideration given to a market competitive component. ■ Health insurance will be evaluated and presented to Council during the budget process based on plan needs. ■ Departments will follow a zero -based budget format. All budgets must be justified and ranked by priority. ■ Fuel/contractual obligations consumer price index increases allowed. ■ The Economic and Business Development Manager and program cost of $200,000 will be an allocation between General Fund, Water Wastewater Fund, and Electric Fund. ■ Utility fund transfers to the General Fund budgeted at amount determined by Cost Allocation Plan. STORMWATER UTILITY FUND ■ Merit and cost of living increase for non -civil service employees will be budgeted with a 4% pool structured to provide more to lower paid employees and consideration given to a market competitive component. ■ Health insurance will be evaluated and presented to Council during the budget process based on plan needs. ■ Departments will follow a zero -based budget format. All budgets must be justified and ranked by priority. ■ Fuel/contractual obligations consumer price index increases allowed. HOTEL MOTEL FUND ■ Merit and cost of living increase for non -civil service employees will be budgeted with a 4% pool structured to provide more to lower paid employees and consideration given to a market competitive component. ■ Health insurance will be evaluated and presented to Council during the budget process based on plan needs. ■ Funding for special programs will be evaluated based on revenue projections. ■ Departments will follow a zero -based budget format. All budgets must be justified and ranked by priority. Budget Policy Page 4 March 16, 2021