DIXON — More than two-thirds of the way through the city's budget year, the Dickson City Council was given an update on how the current fiscal year's spending plans are unfolding at a recent meeting.
“The budget…is on track very well on the spending side and is consistent with where we are now,” City Finance Director Becky Fredericks said at the City Council's Jan. 16 meeting. “Many budgets are under budget as of December 31st.”
He said Congress will soon introduce a budget resolution for legislative action, but that's because funds need to be moved, not to add expenses.
Sales tax is always on everyone's mind, she said, explaining that sales tax revenue was up from last year.
“From December 31, 2022 to December 31, 2023, [in] Sales tax increased by 4.86%,” she said, adding that the 1/2 sales tax, which covers the cost of infrastructure development, increased by 5.46%.
According to our year-to-date financial statements, sales tax revenue was approximately $3.1 million as of December 31, 2023 and approximately $3.0 million as of December 31, 2022.
As expected, revenue from the personal property replacement tax is down, she said. She said the city's revenue was down about 500,000 yen, but the city was told to prepare for it, which it did.
“We're still going to look at what we've budgeted for that revenue,” she said of PPRT.
The city receives all property tax revenue, she said.
“So, financially, we're doing well,” she said.
The parliament will soon begin deliberations on next year's budget.
Councilman Mike Benier, representing the Dixon Historic Theater Committee, said the council will soon hear the theater's State of the Union address.
“There are a lot of exciting possibilities for the future and we want to share that with council,” Mr Benier said. “As one of your appointed board members, I would like to say that we as a board need to begin a strong consideration of additional financial support.”
In other actions, the council approved:
- A resolution amending the cemetery's 2023-2024 budget allows for the transfer of $5,225 from the part-time pay item to two other funds: $225 for professional development and $5,000 for the overtime pay item. Become.
- A resolution to amend the Police Department's 2023-2024 budget. Transfer $48,000 to the overtime pay line, deduct $18,000 from the part-time pay line, and $30,000 from the full-time pay line. Dixon Police Chief Steve Howell said the transfer is necessary to cover additional costs associated with three deployments, injuries, maternity, training and personal leave that have impacted staffing levels.
- A resolution authorizing members of Congress to hold office hours in City of Dixon buildings for the limited purpose of providing constituent services.
- TSR Concrete Coatings bid $84,647 for public safety building flooring project.
- The name of the COVID-19 Relief Fund will be changed to the Community Development Fund.
- Make additional payments to police and fire pension funds to maintain 100% funding levels. According to city documents, the police pension surcharge is $381,470 and the firefighter pension surcharge is $272,309. This payment is separate from pension bond payments.
