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City Council Minutes <br /> August 14,2007 <br /> Page 6 of 9 <br /> ` ---------------------------- <br /> .,_, <br /> The proposed 2008 HRA budget is $11,300. This is a 0% increase from <br /> the 2007 budget. The Council suggested deleting the $10,000 line item <br /> in this budget. The reason for the decrease is because the $10,000 <br /> budgeted in 2007 has not been spent to date. <br /> • Insurance <br /> The proposed 2008 Insurance budget is $55,000. This is an increase of I <br /> $9,000 from the 2007 budget. � <br /> • Recvclin� ' <br /> The proposed 2008 Recycli.ng budget is $10,000. This is a decrease of � <br /> $1,650 from the 2007 budget. ', <br /> • Business Park ' <br /> The proposed 2008 Business Paxk budget is $41,950. This is an <br /> increase of$700 from the 2007 budget. <br /> �� <br /> Wa es <br /> The Clerk informed the Council that wages reflect a 6% increase. She noted <br /> that this percent is subject to change. She further noted that wage proposals <br /> will be presented to the Council in October. Council Member Ryan suggested <br /> a 5% increase be included in wages and the additional 1%be included in the <br /> Council Contingency budget. He explained that this would keep the wage <br /> increase separate from any increases necessary due to the market research. <br /> LevvIncrease <br /> The Council discussed the proposed 9.45% increase in the levy. The Council <br /> discussed ways of lowering this percentage to 5% - 6%. After further <br /> discussion it was decided to set the preliminary levy at the September 4th <br /> Council meeting. The Council requested all departments to review their <br /> budgets and to be prepared to provide recommendations for budget cuts. It <br /> was the consensus that budget cuts would be made prior to setting the final <br /> levy. <br /> '�..� <br />