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Council Report — Budget <br />August 12, 2008 <br />--------------------------- - - - - -- <br />Notes- <br />1. The budgets reflect a 5% wage increase for union and <br />non -union employees (2.5% step and 2.5% COLA). This is <br />a number that has been used in setting the preliminary levy <br />for the past few years. The actual decision on what <br />employee wage increases will be is a decision made by the <br />Council. The Police Union Contract stipulates a 5% <br />increase for union employees. <br />The Job Evaluation Committee met to review market <br />comparisons for outside equity, State job points, and job <br />descriptions. See attached minutes of that meeting. The <br />cost of living has been inconsistent as shown on the CPI <br />attachment. The attachment shows that the percent change <br />from June 2008 to June 2009 for Midwest urban — <br />nonmetropolitan cities less than 50,000 is at a negative <br />2.6 %. This is the most current information available at this <br />time. <br />2. We will not know how the levy total will affect the <br />City's tax rates until mid to late September. This <br />information is provided by the County. <br />3. In 2009, the Park Budget was not funded through tax <br />levy money. However, in 2010, the Park Budget will be <br />funded through the general fund levy. <br />`.. <br />