CY 2024 BUDGET HEARING

7 PM Wednesday

November 15th, 2023

CY 2024 BUDGET HEARING  7 PM Wednesday November 15th, 2023  INTRODUCTIONS  PRESENTATION OF CY 2024 PROPOSED BUDGET  • Changes from CY 2023 Income Lines (Increase of ~$158K) o Property Tax Income Increase (Approx. 1.5% increase (~ $138K) o Fire Deployment Reimbursement (No Change but income expected) o Increase in Investment Interest Income (~15K) o Proceeds from Sale of Asset (~$5K)  • Highlighted Changes from CY 2023 Cost Lines o Addition of District Long Range Planning Expenses (~$5K) o Reduction in Election Expenses (~$12K) o Increase in Fire Operations Expenses (~$13K) o Increase in Pension Contributions (~ $1.5K) o Increase in Apparatus Maintenance/Repair (~$60K) o Increase in Communications Expenses (~$2K) o Addition of Department Recruiting Expenses (~$2K) o Reduction in Anticipated Grant Matching Funds (~ $3K) o Increase in Station Improvements/Maintenance (~ $59.5K)  • Priority Funding Areas for CY 2024 Budget o Equipment/Apparatus Replacement & Repair Projects (~ $73K) o Pension Fund Contribution Increases (~ $1.5K) o Department Recruiting Program (~ $2K) o Station Improvements (~ $59.5K)  • Impact to District Financial Positions - $61K added to District Reserves  COMMUNITY COMMENTS/FEEDBACK  ADJOURNMENT