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HomeMy WebLinkAbout25-075 Approving 2025 Budget AmendmentError! Hyperlink reference not valid. 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 25 – 075 Approval of 2025 Budget Amendment Motion By: Hellier Second By: Churchill WHEREAS, WHEREAS, WHEREAS, WHEREAS, the City and the two labor unions representing Prior Lake police officers and sergeants entered into collective bargaining agreements (CBA) on January 1, 2025 through December 31, 2025; and terms negotiated and agreed upon as part of the CBA included a compensation market analysis and wage adjustments retroactive to January 1, 2025; and the 2025 budget was adopted on December 10, 2024 prior to the completion of the market analysis so an estimate for Police payroll was used for budgeting purposes; and the 2025 General Fund budget does not reflect additional estimated expenditures of $229,800 for Police Department payroll determined due to the analysis. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1.The recitals set forth above are incorporated herein.2. The 2025 Budget is amended to reflect the expenditures as noted above (Fund 101-42100.00-applicable payroll accounts).3.Funding will be provided by the General Fund reserves. Passed and adopted by the Prior Lake City Council this 10th day of June 2025. VOTE Briggs Braid Churchill Hellier Lake Aye ☒☐☒☒☒ Nay ☐☐☐☐☐ Abstain ☐☐☐☐☐ Absent ☐☒☐☐☐ ______________________________ Jason Wedel, City Manager Fund- Net of Expenditures/(Revenues) 2025 Budget Amendment General Fund $229,800 Totals $229,800