City Commission
Study Session
May 20, 2014
3:30 – 5:30 p.m.
City Commission Room – City Hall
AGENDA
Updates:
05/20/14 @ 3:00 p.m.:
2015 Budget
Revenue Information
Assessed Valuation Graph
Comparison of Local Mill Levies
Expenditures Information
Personnel Related Expenses
Employee Compensation
A 27th pay period in 2015 (vs. usual 26) will cost the general fund an estimated $1,000,000 in 2015. Staff reviewing accounting options. Possible mill equivalent = 1.18 mills.
Funding existing commitments for MOUs and comparable amount of approx. 2% merit pool estimated to cost an additional $618,000 for 2015. Possible mill equivalent = 0.73 mill.
KPERS/KP&F will cost an estimated $743,000 in additional dollars in the general fund for 2015. Possible mill equivalent = 0.88 mill
Healthcare and Other Post-Employment Benefits (OPEB) Actuarial Valuation
Employer healthcare costs estimated to cost an additional $160,000 in the general fund. Possible mill equivalent = 0.19 mill
Capital Outlay (equipment, vehicles, etc.)
Commodities (electricity, fuel)
Contractual Services
Utility Rates
Water and Sewer - Taste and Odor Options
Commission and Staff Discussion of Pedestrian/Bike Needs
Vice-Mayor Farmer Inquiry regarding Police Facility - Added 05/20/14
2015 Budget Calendar – confirm June study session 6/17 (including review of outside agency funding)
Commissioner Issues/ Requests for Information