Page 82 - FY 2024-25 ADOPTED BUDGET

OPERATING FUNDS EXPENDITURES

ADOPTED BUDGET

Total Operating Fund expenditures, transfers, and use of reserves for 2024-25 are $28,066,317 for a net increase
of $1,996,045 over the 2023-24 budget. General Fund expenditures, special projects, and transfers of $26,532,454
are $1,994,811 more than the 2023-24 budget. Debt Service expenditures of $1,533,863 are $1,234 more than the
2023-24 budget. The 2024-25 Operating Funds Budget includes $250,000 in transfers from the General Fund to the

Capital Asset Replacement Fund and $50,000 to the IT/Facilities Fund.

Total Operating Fund expenditures (excluding transfers and use of reserves) for 2024-25 are $27,766,317 for an
increase of $1,996,045 over the 2023-24 budget. General Fund expenditures for 2024-25 (excluding transfers and
use of reserves) of $26,232,454 are $1,994,811 more than the 2023-24 budget. Debt Service expenditures of
$1,533,863 are $1,234 more than the 2023-24 budget.

DEPARTMENT REQUESTS

City Department Heads prepared and submitted budget requests to the City Manager in May 2024. Department
requests totaled $24,083,425. The base budget for the General Fund and Debt Service Fund totaled $25,617,288.
There are no Decision Packages (requests for new programs and program modifications) in the 2024-25 Budget.
The City Manager and Department Heads reviewed each line item and whittled these requests into the Proposed

Budget.

PROPOSED BUDGET

The 2023-24 City Manager's Proposed Budget totaled $27,766,317 for operating expenditures. The Proposed
Budget included a variety of expenditure reductions. Department requests for office supplies, printing services,
operating supplies, maintenance and repair, and capital outlay were thoroughly reviewed and reduced where
possible. A 3.0 percent cost of living adjustment and 3.0 percent inflation “catch up” adjustment was added to all
full-time employees. In additional the street overlay program was increased by $1,335,000 to $4,185,000.

In July 2024, the City Staff met with the City Council to outline issues the Council would face during the 2024-25
Budget adoption process. The Proposed Budget was presented to the City Council at a Budget Work Session. During
this work session and other sessions held in the month of August, the City Council and City Staff met and reviewed
the budget requests. The City Council approved and adopted the City Manager’s budget as presented with no
changes. Council also established the property tax rate at the rate of $0.5550; with an overall rate decrease of
$0.0100 from the 2023-24 rate of $.5650.

The Division Summary pages in the 2024-25 Budget provide reconciliations between the department requests and

the adopted budget. Listings for all decision packages are also provided.

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