Budget crunching:
The city of
“The goal today is to get that high level overview so that we can have a sense of where each department is heading before we start to do the analysis where we have to make hard decisions,” said
As is typical at this stage of the process, the various departments' combined wants exceed the funds expected to be available. The council will work with the departments to prioritize and winnow the requests.
Council members were supplied copies of the 167-page preliminary budget Friday and the draft version is available on the city's website. The 2024 fiscal year begins on
“The total proposed budget for fiscal year 2024 is
The city anticipates revenues and resources of
The 2024 fiscal year preliminary budget includes a 2% market adjustment for regular city employees’ salaries and wages and a 6% budgetary placeholder for
"This year’s proposed salaries and benefits totaled
The city faces rising costs for employee health plans.
“Health benefits were calculated using a 20% increase with a plan change of an increase to both deductible and max out of pocket expenses of the PPO and HSA plans. An additional 5% was added to smooth future funding of health insurance changes,” the draft budget book said.
The proposed fiscal year 2024 General Fund expenditures are predicted to be
The city anticipates it will receive
"
Department heads reviewed their General Fund budget requests for new employees and capital expenditures with the city council.
Combined, department heads made General Fund requests for 14 additional employees citywide — including two emergency communications officers, a victim services coordinator and two probationary police officers for the
Department leaders also asked for
Council members will make difficult decisions this month as they determine the budget priorities for the coming year.
Although the general fund revenues increased
Idaho Falls Finance Manager/Treasurer
“That's a typical year,” Casper said. “... One of the things we will be looking at is the back and forth discussion on that
Deliberations over the budget will continue from
The council is scheduled to approve a tentative budget during its


Washington State's New Payroll Tax Helps Fund Long-Term Care. Could It Be a Model for the Nation?
Ridesharing Insurance Market Projected to Show Strong Growth : GEICO, Safeco, Allianz, USAA
Advisor News
- IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
- Help child-free clients plan for their later years
- When new investment trends emerge, Gen Z is most likely generation to be first in
- Could ‘plain English’ become an advisor’s secret weapon?
- IRI urges Senate action on 403(b) parity legislation
More Advisor NewsAnnuity News
- Guidance, bulletin or reg? NAIC debates form of annuity illustration update
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity NewsHealth/Employee Benefits News
Life Insurance News