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10/21/2024 - City Council - Work Session - Agendas CITY OF SPRING PARK WORK SESSION AGENDA OCTOBER 21, 2024 – 5:00 PM SPRING PARK CITY HALL (Work Session discussion times are approximate) 1. 5:00: 2025 Budget (Gillespie Center Funding) 2. 5:15: City Contracts: Essential Services (Fire, PD, PW, Plowing) 3. 5:40: LMCD Representative Discussion 4. 5:45: Miscellaneous 5. 6:00: Adjourn City of Spring Park 4349 WARREN AVENUE, SPRING PARK, MINNESOTA 55384-9711 (952) 471-9051 FAX (952) 471-9160 WWW.CI.SPRING-PARK.MN.US Staff Memo: General Fund: 2025 Final Levy To: Spring Park – Mayor and Council From: Mike Anderson, City Administrator Subject: 2025 Final Levy Proposal The purpose of this memorandum is to provide you with the calculations and background information regarding the proposed 2025 preliminary levy in preparation for Truth in Taxation in December. As of today, we are currently looking at a 9.73% levy or $180,000.00 dollars. This is based on staff recommendations to this date, discussions, and projected increases for contracts, bond payments, and includes the capital project funds. The proposed levy increase includes: - Police Contract: $16,000, increase of 3% - Public Works Contract: $4,500, increase of 3% - Fire Services: $10,000, increase of 5% - New line item for potential Merit Salary adjustments for staff: $15,000 - Administrator salary adjustment – 15% or roughly $15,000 - Additional $5,000 for snow removal and Spring Clean Up - Additional $7,000 for annual recycling costs - COLA for Staff: 3% - IT - $8,200 - 5% increase for Health Insurance - Adding $50,000 to transfer into CIP plan - $1,000 for additional line item for Gillespie Center (currently have a donation line in the budget for $11,000) Staff recommends Council discussion on items to be looked at or removed from the 2025 Final Levy. Or if they have a final percentage in mind, to give that to Staff to drop back and work off of.