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B-3. Finance Department Budget Presentation CITY OF CHANHASSEN 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952.227.1100 Fax: 952.227.1110 Building Inspections Phone: 952.227.1180 Fax: 952.227.1190 Engineering Phone: 952.227.1160 Fax: 952.227.1170 Finance Phone: 952.227.1140 Fax: 952.227.1110 Park & Recreation Phone: 952.227.1120 Fax: 952.227.1110 Recreation Center 2310 Coulter Boulevard Phone: 952.227.1400 Fax: 952.227.1404 Planning & Natural Resources Phone: 952.227.1130 Fax: 952.227.1110 Public Works 1591 Park Road Phone: 952.227.1300 Fax: 952.227.1310 Senior Center Phone: 952.227.1125 Fax: 952.227.1110 Web Site WNW. ci. chanhassen. m n. us 6-3 l_""W MEMORANDUM TO: Todd Gerhardt, City Manager FROM: Greg Sticha, Finance Director t.~. DA TE: November 10, 2008 SUBJ: 2009 Budget Request ~~. DISCUSSION The finance department budget for 2009 is $288,300, which is a 4.7% decrease in the total budget for 2009. Listed below are the reasons for the decrease in 2009. Salaries and wages actually increased by $17,700 (8.4%). One of the main reasons for the increase is that the newly hired person in the department is now receiving family healthcare benefits and the previous employee in that position had opted out of that coverage. The materials and supplies line items are $100 lower than the previous year, so no significant change. The reduction in contractual services accounts for the entire reduction in the finance department budget. The contractual services budget for 2009 was cut $30,000 or 34.8%. The reduction over the past two years has been due to our staff taking on a number of accounting/auditing duties that had previously been performed by our audit firm. Attached is the detail line item budget for the finance department. Chanhassen is a Community for life - Providing for Today and Planning for Tomorrow CITY OF CHANHASSEN 2009 BUDGET 101 General Fund 1130 Finance 2008 t 2007 2008 2009 2009 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4010 Salaries & Wages-Reg 183,268 168,000 177,000 5.4% 4011 Overtime 904 200 200 0.0% 4030 Contributions-Retirement 23,281 24,000 25,500 6.3% 4040 Contributions-Insurance 20,952 17 ,400 24,800 42.5% 4050 Workers Compensation 723 1,000 800 (20.0%) * TOTAL PERSONAL SERVICES 229,129 210,600 228,300 8.4% 4120 Supplies-Equipment 51 200 100 (50.0%) 4210 Books & Periodicals 100 100 0.0% * TOTAL MATERIALS & SUPPLIES 51 300 200 (33.3%) 4300 Fees, Services 14,392 55,000 25,000 (54.5%) 4301 Fees, Financial/Audit 23,409 25,000 25,000 0.0% 4310 Telephone and Communications 383 300 400 33.3% 4330 Postage 200 200 0.0% 4340 Printing & Publishing 1,155 1,500 1,500 0.0% 4360 Subscriptions & Memberships 375 400 400 0.0% 4370 Travel & Training 5,120 9,000 7,000 (22.2%) 4530 Repair & Maintenance-Equip 100 100 0.0% 4901 Refunds/Reimbursements 1 0.0% * TOTAL CONTRACTUAL SERVICES 44,834 91,500 59,600 (34.9%) 4703 Office Equipment 1,003 200 200 0.0% * TOTAL CAPITAL OUTLAY 1,003 200 200 0.0% ** TOTAL FINANCE 275,017 302,600 288,300 (4.7%)