FINANCIAL BUSINESS REQUEST (FBR)
Motion/Request:
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MOTION to approve the Town Council Department Fiscal Year 2025/2026 Budget in the amount of $226,728.
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Background:
As part of the Fiscal Year Budget Preparation process the Town Council is required to approve a Town Council Department Budget to be included in the Mayor's proposed budget (please see attached excel spreadsheet).
The Town Council's Department Budget would come back to the Finance Committee / Town Council as part of the Annual budget deliberation preparation process.
The proposed Fiscal Year 2025/2026 Town Council Department Budget is presented in the amount of $226,728 an increase of $21,910 over the current year's budget.
Increases include the following:
* $20,000 Increase for Legal Fees regarding Tribal and Indian Law Issues; and Tax Recovery;
* $1,910 Increase for Audit Fees - The Town will solicit bids for the Annual Audit Services. Per Finance Director a 5% increase has been included. This budget line can be adjusted based on the bids received. .
The Town Council Department proposed Fiscal Year 205/2026 includes salaries for employees, funds for the annual audit along with legal fees and other operating expenses. There were no major changes to the expenses.
The Salary Lines are listed at the current year's salary, the Mayor's Office will update in accordance with the "Resolution Establishing Administrator/Department Head Benefits" "Employees shall be paid at the rate as designated by the Mayor or contractually negotiated. Increases in wages shall be effective on the first day of July; and continuing until June 30, 2025, wage increases may not be less than the percentage of the highest union contracted increase for that fiscal year."
For clarification, the Town Council budget does not include funding for the members of the Town Council, they do not receive a stipend or compensation for serving the community.
The Town will solicit Requests for Proposals for Auditing Servic...
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