The City’s budget for fiscal year 2014 was approved on Nov. 25 without changes from the Nov. 11 budget and without discussion. The total amount is $254,627,610. Revenues in the General Fund, the City’s main operating budget, are projected at $89,185,298; expenditures are pegged at $89,015,073, resulting in a budgeted surplus of $170,225.
Most City personnel will receive a 2 percent salary increase. The budget anticipates 11.95 net new full-time-equivalent positions: a cultural arts manager, three police officers, two health department workers and 6.75 new staff in the Library, most of which were previously approved by City Council.
Highlights of the City’s 2014 budget include the following:
• Mental health and social services, called “community purchased services,” will be funded at $785,715, an increase of about 5 percent over the 2013 funding.
• The Library Fund budget is $5,912,974, an increase of about $750,000 over fiscal year 2013.
• Capital improvement expenditures are pegged at $18,410,016.
• The City’s portion of the property tax – about 21 percent of the overall tax bill – will increase by 1.25 percent.
• Water bills will increase by 10 percent, effective Jan. 1, 2014.
• The monthly fee for large garbage carts will be $17.95 per month, an increase of $3.
The City’s 2014 fiscal year begins Jan. 1, 2014.