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HomeMy WebLinkAbout20- 14-54 JANUARY 28, 2014 14-54 RESOLUTION (CARRIED___5-2____ LOST _______ LAID OVER _______ WITHDRAWN _______) PURPOSE: APPROVE BUDGET ADJUSTMENT IN THE AMOUNT OF $73,000 TO FUND ADDITIONAL PERSONNEL COSTS AUTHORIZED BY COUNCIL INITIATED BY: CITY COUNCIL WHEREAS, on November 26, 2013 the Oshkosh Common Council by Resolution 13-532 approved the 2014 Operating Budget making an assumption of a 1% adjustment of salaries for non-represented employees; and WHEREAS, on December 10, 2013 the Oshkosh Common Council approved Resolution 13-564 as amended approving a 2% across the board market increase for regular non-represented employees; and WHEREAS, the full amount of this across the board market increase was not included in the budget as adopted and the Council wishes to provide specific funding for the proposed increase. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that: 1. That Unclassified Un-collectibles (Account # 100-0908-646900000) be decreased in the amount of $10,000. 2. That Levy Revenue for Street Lighting (Account # 223-0460-4102-00000) be decreased by $35,000. 3. That Street Lighting Electricity Expenses (Account # 223-0460-6471-00000) be decreased by $35,000). 4. That Interest on Investments (Account # 100-0073-4908-00000) be increased by $18,000. 5. That Interest on Special Assessments (Account # 100-0072-4910-00000) be increased by $10,000. 6. That Unclassified/Adjustment of Salaries (Account # 100-0913-6100-00000) be increased by $73,000. BE IT FURTHER RESOLVED that within 10 days after passage of this resolution, the City Clerk shall publish a class 1 notice as provided in section 65.90(5)(b) of the Wisconsin Statutes. CITY HALL 215 Church Avenue P.O.Box 1130 Oshkosh5 9031130 City of Oshkosh OIHKOIH TO: Mayor and Members of the Common Council FROM: Mark A Rohloff, City Manager DATE: January 22, 2014 RE: Budget Amendment for Wage Adjustments for Non-represented Employees BACKGROUND At the December 10, 2013 Council meeting, Council authorized a 2% wage adjustment for non- represented employees effective January 1, 2014. The budget adopted by the Council in November made an assumption that non-represented employees would receive a 1% increase as of January 1. Due to the discrepancy between the budgeted amount and the authorized amount, a budget adjustment is necessary to align the 2%wage increase authorized by Council. ANALYSIS Staff has conducted a review of the additional funds that are necessary to fully fund a 2% wage adjustment for non-represented employees. Staff has reviewed the impact of the pay-for-performance (PFP) adjustments, as well as other assumptions that were not known to staff at the time the budget was adopted. As a result, staff believes that only $73,000 in additional adjustments are necessary to fully fund the 2%increase. The attached spreadsheet identifies a variety of funding options for the Council to reach the necessary $73,000. I have taken the liberty of recommending four adjustments to fund this gap. The first expenditure reduction is for street lighting costs due to revised Public Service Commission rates. The second expenditure reduction is for decreased write offs for uncollectible accounts. The two revenue adjustments are for various revenues that Finance Director Nokes feels comfortable in making minor adjustments at this time based on his experience with these revenues and current trends. The amount proposed equals the $73,000 that is necessary. This attached sheet also provides additional options should the Council wish to select alternatives to fund the $73,000. RECOMMENDATION Staff recommends the Council adopt the budget adjustment as shown on the attached resolution. Respectfully submitted Mark A. Rohloff City Manager Cc: Edward Nokes, Interim Finance Director John Fitzpatrick, Assistant City Manager/Director of Administrative Services. �� .........._..... . ............ Budget Adjustment Options to Fund Additional Personnel Costs Authorized by Council Projected Target: Budget Adjustment Option Amount $ 73,000 Delay in hiring replacement employees $ 25,000 Unclassified-uncollectibles $ 25,000 $ 10,000 Unclassified-unclassified expense $ 10,000 Interest on investments $ 50,000 $ 18,000 Interest on special assessments $ 35,000 $ 10,000 Reduced Street Lighting Costs due to revised PSC rates $ 35,000 $ 35,000 Reduce fuel costs in Central Garage $ 25,000 $ - $ 205,000 $ 73,000