10.d 2025 Budget Calendar Staff Report
Date of Meeting: July 16, 2024
For: Honorable Mayor and Council
From: Kyle Morell, City Administrator
Subject: 2025 Budget Schedule and Assumptions
Attached, you will find the 2025 Budget Calendar for your review. I plan on presenting the first
draft of the 2025 budget at the August 7 Work Session. Budget discussion will occur at all work
sessions from August through December, with additional workshops, if needed, at regular or special
meetings.
The draft 2025 budget will be put together using the following guidelines.
1) Recommendations from the Capital Investment Committee will be incorporated into the
CIP Funds
2) Required levy amounts for the 2024 GO Bond will be included
3) A placeholder levy for the Fire Engine Equipment Certificate will be included. The actual
number will not be known until the fall.
4) Pay increases for non-union staff will mirror the 3.5% approved for union staff when their
contract is approved at the end of 2023.
5) All insurance amounts will be increased by 10% until actual increase amounts are known.
6) Contract services will be increased by 10% until actual increase amounts are known.
I welcome your thoughts on these guidelines.
Attachments:
2025 Budget Calendar
2025 Budget/ Capital Improvement Plan Calendar
July 2024
Dates (2024) Action
Monday, May 13
Tuesday, June 25
Tuesday, July 30
Capital Investment Committee Meeting
Capital Investment Committee Meeting
Capital Investment Committee Meeting
July Staff prepares a draft budget
Wednesday, August 7 City Council budget workshop (regular work session meeting)
Tuesday, August 21 City Council budget workshop (special meeting)
Tuesday, August 28 City Council budget workshop (special meeting)
Friday, September 6 Notification of levy limit received
Wednesday, September 4 City Council budget workshop (regular work session meeting)
Tuesday, September 17 Regular Council meeting to adopt the proposed budget by resolution and
certify proposed levy to county auditor; set date for the public meeting on
levy and budget
Monday, September 30 Last date to certify proposed (maximum) tax levy to county auditor
October 1 (approximate) Include information on the proposed budget in the City newsletter
Wednesday, October 2 City Council budget workshop (regular work session)
Tuesday, October 22 City Council budget workshop (special meeting)
November Washington County mails property tax statements.
Wednesday, November 6 City Council budget workshop (regular work session meeting)
Tuesday, November 12 Planning Commission hearing on Capital Improvement Program (CIP)
Wednesday, December 4 City Council budget workshop (regular work session)
Tuesday, December 17
Budget hearing/ adopt final property tax levy and budget
(last regular Council meeting of 2023)
Friday, December 27 Last date to certify final tax levy to county auditor
January 2025 Publish summary budget in legal newspaper.