C-2 2005 Finance Budget Review
CITY OF
CHANHASSEN
7700 Markel Boole/ard
POBox147
Chalihassel1. MfJ 55317
Administration
PI!lYle 952 227.1100
Fax 952.227.1110
Building Inspections
P'lOlle 952.227.1180
Fax 952.227.1190
Engineering
f'[:orw 9522271160
Fax 952.227 1170
Finance
9522271140
952.227.1110
Park & Recreation
Prcrie 952.227 1120
Fax 9522271110
Recreatlori Celtel
2310 COllller BoDie/aid
Pliolle 952.227 1400
Fax 952.2271404
Planning &
Natural Resources
952.227.1130
9522271110
Public Works
1591 Par~ Road
952.227.1300
952 227.1310
Senior Center
952.2271125
Fax [152 227.1110
Web Site
The City of Chanhassen. growiiig
C-Z)",
MEMORANDUM
TO:
Mayor
City Council
Bruce M. DeJong, Finance Director h).... 9". ì... '
(!~E:{ ';
November 17, 2003 ~~,~\\--t
FROM:
DATE:
SUBJECT: 2005 Finance Budget Review
The 2005 Finance Department budget has a total increase of only 2.5%. This is a
status quo budget proposal with no proposed changes in the level of service or
addition of new programs. The individual line item changes are highlighted
below.
4010 Salaries + $4,100 a 3.0% increase over 2004. This is in line with the city's
general salary adjustment.
4020 Retirement + $500 a 2.3% increase over 2004. This covers the increased
costs resulting from the salary increase.
4040 Insurance + $800 a 5.2% increase over 2004. This covers the health care
Increase.
4120 Equipment Supplies - $70 a 9.1 % decrease from 2004. This account
covers supplies and repairs to our office equipment such as the check signer which
are quite variable from year to year.
4301 Audit Fees + $1,000 a 2.8% increase over 2004. Our contract with HLB
Tautges Redpath provides for a $1,000 increase for both years two and three.
The remainder of the budget items are the same as 2004.
-
CITY OF CHANHASSEN
2005 BUDGET
101 General Fund
1130 Finance
2004 to
2003 2004 2005 2005
ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC)
4010 Salaries & Wages-Reg 146,992 167,000 172,000 3.0%
4030 Contri butions-Reti rement 18,855 21,900 22,400 2.3%
4040 Contri butions-I nsu rance 12,601 15,400 16,200 5.2%
4050 Workers Compensation 750 600 600 0.0%
TOTAL PERSONAL SERVICES 179,198 204,900 211,200 3.1%
4120 Supplies-Equipment 770 700 (9.1%)
4210 Books & Periodicals 235 200 200 0.0%
TOTAL MATERIALS & SUPPLIES 235 970 900 (7.2%)
4300 Fees, Services 45,000 40,000 40,000 0.0%
4301 Fees, Financial/Audit 33,138 36,000 37,000 2.8%
4330 Postage 16
4340 Printing & Publishing 1,941 2,500 2,500 0.0%
4360 Subscriptions & Memberships 160 350 350 0.0%
4370 Travel & Training 11 ,120 5,000 5,000 0.0%
4530 Repair & Maintenance-Equip 459 500 500 0.0%
TOTAL CONTRACTUAL SERVICES 91,834 84,350 85,350 1.2%
4703 Office Equipment 280 2,500 2,500 0.0%
* TOTAL CAPITAL OUTLAY 280 2,500 2,500 0.0%
** TOTAL FINANCE 271,547 292,720 299,950 2.5%