TRANSMITTAL LETTER FOR BOARD MEETING OF DECEMBER 21, 2023
COMMITTEE ON BUDGET AND EMPLOYMENT
Mr. Brian A. Perkovich, Executive Director
Title
Authority to Amend the Adopted 2024 Budget
Body
Dear Sir:
The attached changes to the Adopted 2024 Budget (BF-21 budget forms) are submitted for your consideration as amendments to the 2024 Adopted Budget at the Board Meeting of December 21, 2023. The requested net changes to appropriations are summarized below:
FUND DEPARTMENT NET CHANGE
CORPORATE Board of Commissioners $(250,000)
General Administration 250,000
Human Resources|9 10| Information Technology|9 10| Engineering|9 10| TOTAL CORPORATE FUND $0
The total appropriation request for the 2024 Budget is $1,428,932,635, including the requested changes. Compared to the 2023 total adjusted appropriation of $1,432,153,683, this is a reduction of $3,221,048, or 0.2 percent.
The estimated total tax levy for the 2024 Budget is $693,692,444, unchanged from the Tentative Budget. Compared to the 2023 total adjusted levy of $679,676,607, this is an increase of $14,015,837, or 2.1 percent.
The total appropriation request for the Corporate Fund is $497,258,600, which includes the 3.0 percent general salary adjustment increase for non-represented employees. Major proposed BF-21 changes also include a reclassification of project number 23-890-1S, Rehabilitation of Local Sewers between commitment items within the Engineering Department, and a reallocation of funding for rebranding professional services from the Board of Commissioners budget to the General Administration budget. Compared to the 2023 adjusted appropriation of $475,066,000, this is an increase of $22,192,600, or 4.7 percent.
Revised Tentative Budget pages 8-9 include appropriation changes with no changes to the estimated tax levy.
Revised Tentative Budget page 12 presents a summary of revenues and expenditures for the 2024 budget, 2023 estimated year-end, and 2022 actual for all funds.
Revised Executive Director’s Budget Recommendations page 84 presents the estimated balance sheet for the Corporate Fund reflecting the revised resources available estimates.
The attached BF-21 budget forms (pages 1-5) detail all requested changes in appropriation.
The financial schedules for the Final Adopted and Amended Budget will be revised to adjust the departmental appropriations to include allocation of the general salary adjustment for non-represented employees as determined at the budget adoption on December 14, 2023.
The Executive Director’s Budget Recommendations and the Tentative Budget, which include all the related budget ordinances in their entirety and the Report of the Committee on Budget and Employment are available for review on the District’s website, www.mwrd.org.
Requested, Shellie A. Riedle, Administrative Services Officer, IG
Respectfully Submitted, Brian A. Perkovich, Executive Director
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for December 21, 2023
Attachments
Revised Tentative Budget pages 8-9, and 12, dated December 15, 2023
Revised Executive Director’s Recommended Budget page 84, dated December 15, 2023
BF-21 budget forms, pages 1-5, dated December 15, 2023