HomeMy WebLinkAbout9B - Update on 2010 Budget Strategies
MEETING DATE:
AGENDA #:
PREPARED BY:
AGENDA ITEM:
PRESENTATION:
4646 Dakota Street S.E.
Prior Lake, MN 55372-1714
CITY COUNCIL AGENDA REPORT
~~TOBER 19, 2009 ^:'\ '~\
FRANK BOYLES, CITY MANAGE~ X .
JERIL YN ERICKSON, FINANCE DIR~\" 'OR
UPDATE ON 2010 BUDGET STRATEGIES
City staff will be presenting an update on the strategies being utilized to reduce
or eliminate an estimated $1 million gap from revenue shortfalls and expenditure
increases for the proposed 2010 operating budget. These strategies, as follows,
were discussed at previous council workshops and meetings:
· Review contracts with major vendors to seek a reduction in cost from
price or service reductions
· Contain personnel costs
· Review services provided to athletic and community organizations
. Explore new revenue sources
The impact of these strategies on the delivery of services, future budgets, and
the city employee base will be presented, as well.
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