Board Board Meeting and CY 2025 Budget Hearing
AGENDA
7 PM Wednesday, November 20th, 2024
INDIAN HILLS FIRE PROTECTION DISTRICT
4476 Parmalee Gulch Road
Budget Worksheet 9-25-24.pdf
INTRODUCTIONS
PRESENTATION OF CY 2025 PROPOSED BUDGET
Changes from CY 2024 Income Lines (Increase of ~ $6K)
o Property Tax Income Decrease (Minimal decrease (~ $6K)
o Fire Deployment Reimbursement (No Change but income expected)
o Increase in Investment Interest Income (~ 12K)
o Potential Proceeds from Sale of Assets (~ $5K)
Highlighted Changes from CY 2024 Cost Lines
o Increase in Overhead Costs (Utilities, Supplies, Banquet) (~ $5K)
o Increase in Insurance Costs (~ $2.5K)
o Increase for Election Expenses (~ $14K)
o Increase in Fire Operations Expenses (~ $17.5K)
o Increase in Pension Contributions (~ $1.5K)
o Increase in Communications Expenses (~ $4K)
o Addition of Department Recruiting Expenses (~$ 2K)
o Reduction in Anticipated Grant Matching Funds (~ $124K)
o Reduction in Station Improvements/Maintenance (~ $57K)
o Increase in Apparatus Maintenance/Repair (~$60K)
Overarching Priority Funding Areas for CY 2025 Budget
o Equipment/Apparatus Replacement & Repair Projects (~ $80K)
o CWPP Implementation ($30K)
o Pension Fund Contribution Increases (~ $1.5K)
o Station Improvements (~ $12.5K)
Impact to District Financial Positions
o District Reserves $61K drawn from District Reserves
COMMUNITY COMMENTS/FEEDBACK
ADJOURNMENT