HomeMy WebLinkAboutBudget Change Memo 12-7-00 City of Oak Park I leights
Memo
December 7, 2000
To: Mayor and Council
From: Judy Holst, Deputy Clerk/Finance Director
Re: Budget and Tax Levy
At the December 4 Truth in Taxation hearing staff recommended several budget
changes.
The snow removal budget requires line item changes as a result of the City performing
part of it's own plowing operations. Line item changes in the snow removal budget are:
Salaries of regular employees $2,500
Other contractual services $42,480
Other material & supplies $3,500
Rent of equipment $18,000
PERA contribution $130
FICA contribution $190
Machinery & auto equipment $4,000
Total $70,800
After reviewing the sanitation budget, I have determined the subsidy received from the
General Fund will not be sufficient to cover the City's portion of costs for sanitation. I
recommend increasing the Sanitation transfer to Utility Fund by $8,000 and reducing the
Council Contingency by $8,000.
The proposed tax rate for the City increased slightly over the year 2000. Year 2000 was
23.620, year 2001 proposed rate is 23.658. If Council wishes to have the same tax rate as
the year 2000, the tax levy will have to be reduced by $3,000. The budget change would
be to reduce revenue for the General Property Taxes by $3,000 and reduce the
expenditure for the Council Contingency by $3,000.