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HomeMy WebLinkAboutBudget Enhancements/Amendments Memo Oshkosh TO: Honorable Mayor & Members of the Common Council FROM: Russ Van Gompel, Finance Director DATE: October 31, 2019 RE: Budget Enhancements/Amendments BACKGROUND At the Budget Workshop on October 29, 2019 the Common Council expressed a consensus to include several budget enhancements and requested additional information regarding the impact of the remaining budget enhancements. Attached is a schedule which includes two tables. The first table includes Budget Enhancements which, if considered, would have an impact on the tax levy. The second table includes budget amendments that do not impact the tax levy. Both tables have identified enhancements that Council reached consensus that they should be included in the final budget. These items are shaded in green and have a note that they were already considered on October 29, 2019. The table which includes the Amendments Impacting the Levy has a block which illustrates the impact for each enhancement individually, and a block which shows the cumulative impact. There is also a block that shows the Expenditure Restraint Program (ERP) limit. The Department of Revenue sent us an updated ERP limit that we are now using. Please contact me if you have any additional questions. RECOMMENDATION Staff recommends that Council consider the attached Budget Enhancements at the Public Hearing on November 6, 2019. If Council has any other questions or items which should be included or removed from the final 2020 Budget, they should make those requests at the Public Hearing on November 6, 2019. Approved, Mark A. Rohloff City Manager