HomeMy WebLinkAbout15. Workshop/2014 Budget 2014 BUDGET PROCESS
COUNCIL /STAFF WORKSHOP #1
July 10, 2013, 5:30 PM
Room 404, City Hall
TENTATIVE AGENDA
1. Overall Economic Picture
A. State Budget
B. General Economy
C. Interest Rates
2. Historical Look at Overall Taxes, Revenues, and Expenditures
3. Current & Prospective Revenues
A. State Aids
B. State Impact on Local Revenue
C. Local Revenues / Limitations
4. Expenditures
A. Five Year Historical Numbers— Oshkosh/Comparison Spending to Other WI
Communities
B. Basic Assumptions for Non-Personnel Costs
C. Five Year History of Personnel to Non-Personnel Costs
D. Personnel Costs
i. Overview of Pay for Performance Program Assumptions
ii. Review Compression Adjustments
iii. Impact of Collective Bargaining Settlements/Decisions
iv. Non-represented wage adjustment for 2013
v. Discuss the Wage Adjustment Parameters for 2014, including market
adjustments and step increases
vi. Financial Status of Health Insurance Fund and Outlook on Health Insurance
Costs for 2014
5. Debt
A. Current Status
B. 2013 Borrowing
C. Capacity for 2014
6. Fund Balance
A. Current Status Based on 2012 Year End