2008 Budget

THE COMPLETE FY2008 BUDGET CAN BE FOUND HERE

The FY 2007/08 Budget total for all funds is $21,094,720. The following is a brief summary by fund.

General Fund
The overall General Fund expenditures are expected to increase approximately.65%. The budget reflects a state mandated cut in ad valorem of approximately $615,000. Some of this decrease has been offset by increased revenues from the County EMS contract and increased parking fees. The budget reflects the elimination of 4 positions in the City’s General Fund. Also reflected is the fourth year CIP transfer of $550,000. The reduction of the operating millage rate from 2.6 mills to 2.3764mills is a 9% reduction in the rate.

Sewer Fund
The City Commission authorized an increase in sewer fees that would generate enough revenue to offset the current year’s expenditures. The amount of this increase is 12.5%. Due to timing, the 12.5% increase will not be effective until December 1, 2007. This increase will result in an increase in revenue of approximately $310,698 in FY 2008.

Reclaimed Water
No increase is proposed for the reclaimed water rate and expenditures are comparable to the current budget.

The proposed 2.3764 operating millage ($2.3764 per $1,000 of taxable valuation) is a reduction of .2236 mills from the current year millage of 2.6000. This reduction is in accordance with the State mandated reduction in property taxes. The proposed debt service millage is a decrease from .0656 to .0599 mills.

Major Budget Changes
Addition in unemployment.
Addition of lobbyist.
Elimination of the Leisure Services Director position.
Elimination of the Public Information Officer position.
Elimination of one Librarian position.
Elimination of two Streets Maintenance Worker positions.
Elimination of one Permit Technician in Community Development.
Elimination of merit raises for Directors.
Elimination of COLA and merit raise for City Manager.
Elimination of shirts for staff.
Elimination of longevity program.
Elimination of car allowance.
Decrease in insurance.
Reduction in cell phones.
Decrease in training.
Decrease in equipment.
Decrease in office supplies.
Decrease in postage.
Decrease in memberships.