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07-08-13 Budget WS PowerPointShorewood City Council Budget Overview July 8, 2013 16,000,000 14,000,000 12,000,000 10,000,000 1II SI1 . NEOM 4,000,000 2,000,000 Total Cash 2012 2013 2014 2015 2016 2017 2018 2019 2020 44561 ■Total Cash 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 (1,000,000) (2,000,000) General Fund ■ Expenditures ■ Fund Balance 800,000 600,000 400,000 200,000 (200,000) (400,000) [OEM] :si m (1,000,000) Storm Water ■ Expenditures ■ Fund Balance 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 (500,000) 2016 Sewer ■ Expenditures ■ Fund Balance 250,000 001101101 150,000 100,000 50,000 (50,000) Recycling ■ Expenditures ■ Fund Balance 2,000,000 1,500,000 1,000,000 500,000 (500,000) (1,000,000) (1,500,000) Trails Expenditures Fund Balance r, 2019 2020 2021 150,000 100,000 50,000 (50,000) (100,000) Southshore Center 2019 2020 2021 ■ Expenditures ■ Fund Balance Outside Influences Levy Limits —State imposed for 2014 — Maximum 3% Increase —$1421899 Preliminary numbers from Associations we support — Lake Mtka Conservation District 4.6% — South Lake Minnetonka PD 3.4% — League of Minnesota Cities 3.0% — Excelsior Fire District 2.8% Actions Taken since Retreat House Sale — 5795 Country Club Dr (Gen Fund) Park CIP adjustment Trail Approvals (CIP) — Smithtown +200,000 w/ Easmnt, Engr & Tree Repl — Old Excelsior +1361000 Street Sweeper +178,000 Sales Tax Exemption (Gen Fund & CIP) 2014 Labor Contract &non -union salaries Misc decisions of the council Recommendations from Retreat House sale CIP adjustments Levyincrease