1998 BUDGET - Laserfiche WebLink

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a four-year period. The budget reflects the continuous investment in the City work force with a 2.5 percent market adjustment, a 4 percent pro -rated merit increase, and 10 percent increase to the self-insurance contribution. This is a total increase in personal services by 4.1 percent. As a result of applying growth factors to each department, a funding base was established to maintain the current level of service, with the Council approving additional programs in excess of this benchmark. In 1997, the growth of sales tax revenue allowed for the transfer of $500,000 from the general fund to the capital projects fund. The 1998 level has risen to $650,000. This has been accomplished in addition to maintaining a fund balance level well beyond the prescribed minimum. Current Year Goals/Policies A. An ongoing multi -year plan for landscape and beautification is being accomplished through landscape improvements budgeted at $300,000 and gateway improvements of $125,000. B. Restricted revenue from the residential use tax of $508,601 has been fully appropriated in 1998 to be spent once the projects have been determined in keeping with Council goals. C. Continuing revitalization of downtown has been budgeted in two phases in 1998 at a total cost of $413,900, to include the 600 block of Main Street. D. Trails and trail connections are important aspects of Council goals. These have been addressed through $100,000 for new trails and $120,000 for trail improvements. E. The street improvements budget has increased by $200,000 to $1,300,000 in response to Council goals. F Design and sidewalk construction along Cherry Street was specified by the Council. This is budgeted at $89,000 in 1998 with construction of Cherry Street budgeted at $542,000 in 1999. G. To meet Council goals, the McCaslin intersection improvements and traffic signal interconnect are budgeted at $35,000 and $25,000 respectively. H The goal to begin planning for construction of a pedestrian underpass at the recreation center has been budgeted at $40,000 with $420,000 budgeted in 1999 for construction. Drainageway A is budgeted at $137,500 for completion, per Council goals.