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HomeMy WebLinkAbout2008-06-24_STUDY SESSIONTotal General Fund Revenues Total General Fund Expenditures Increase In Expenditures General Fund Levy City Hall Debt Service Equipment Certificates Gymnasium Debt Service Fire Station Debt Service Public Works Debt Service Park Bond Market Value Ref. Levy Total Property Tax Levy General Fund Levy Increase Debt Levy Increase (Decrease) Total Property Tax Levy Increase TNT Increase ACTUAL ACTUAL BUDGET PROPOSED SCENARIO 2006 2007 2008 2009 USED 27,813,277 28,505,133 28,664,642 30,433,351 25,798,023 28,232,314 28,654,642 30,433,351 6.2% 9.4% 4.6% 6.2% 18,660,151 19,427,890 20,314,404 22,051,842 1,081,636 1,080,100 1,040,186 1,040,436 159,100 3,159,142 EQUIPMENT 1,312,648 420,205 417,400 200,000 230,000 50,000 851,675 455,641 457,950 EXPENDITURE ADJUSTMENTS - 449,845 599,138 605,138 695,438 600,212 20,620,130 21,530,528 22,605,669 24,830,285 % INCREASE IN EXPENDITURES 4.4% 4.7% 4.6% 8.6% 19.2% -7.0% 9.0% 21.3% 5.9% 3.4% 5.0% 9.8% 6.5% 3.6% 5.2% 9.9% G:\Budget\2009 Budget\PlanningWIODEL 2009.xls 624/2006 ACTUAL ACTUAL BUDGETED ASSUMP % PROPOSED 2006 2007 2008 INCREASE 2009 SALARIES /BENEFITS & STEP 16,882,621 18,306,646 18,964,487 19,723,066 CONTRACTUAL SVCS. 3,507,515 3,521,120 3,814,941 3,910,315 COMMODITIES 1,306,005 1,330,112 1,623,447 3:00% 1,569,160 CENTRAL SERVICES 2,739,234 2,837,126 3,067,128 3.00 °h 3,159,142 EQUIPMENT 1,312,648 1,385,735 1,234,639 3.00 °k 1,271,678 OTHER EXP & TRANSFERS 50,000 851,675 50,000 0.00%1 50,000 EXPENDITURE ADJUSTMENTS 750,000 25,798,023 28,232,314 28,664,642 30,433,351 % INCREASE IN EXPENDITURES 6.2% 2009 BUDGET $ INCREASE IN EXPENDITURES ASSUMPTIONS 1,778,709 PROPOSED GENERAL FUND ACTUAL REVENUES & OTHER SOURCES ACTUAL BUDGETED ASSUMP % PROPOSED 2006 2007 2008 INCREASE 2009 PROPERTY TAXES 18,166,020 19,379,711 20,314,404 22,051,842 ABATEMENTS & PENALTIES, NET (73,000) (150,000) LICENSES & PERMITS 3,458,140 2,877,058 2,715,050 3.OD °k 2,796,502 INTERGOVERNMENTAL REVENUE 1,049,523 930,840 745,000 3.00 °h 767,350 FEES AND CHARGES 2,641,720 2,685,552 2,637,388 3.00% 2,716,610 FINES & FORFEITURES 1,023,935 971,486 925,000 O.OD% 925,000 OTHER REVENUES & TRANSFERS 1,473,939 1,660,486 1,390,800 1.00%1 1,404,708 REVENUE ADJUSTMENTS (78,560) TOTAL REVENUES 27,813,277 28,505,133 28,664,642 30,433,351 INCREASE IN REVENUES 6.2% $ INCREASE IN REVENUES 1,778,709 G:\Budget\2009 Budget\PlanningWIODEL 2009.xls 624/2006 Total General Fund Revenues Total General Fund Expenditures Increase in Expenditures General Fund Levy City Hall Debt Service Equipment Certificates Gymnasium Debt Service Fire Station Debt Service Public Works Debt Service Park Bond Market Value Ref. Levy Total Property Tax Levy General Fund Levy Increase Debt Levy Increase (Decrease) Total Property Tax Levy Increase TNT Increase ACTUAL ACTUAL BUDGET PROPOSED SCENARIO 2D06 2007 2008 2009 USED 27,813,277 28,505,133 28,654,642 30,918,861 25,798,023 28,232,314 28,664,642 30,918,861 6.2 %' 9.4% 4.6% 7.9% 18,560,151 19,427,890 20,314,404 22,537,352 1,081,536 1,080,100 1,040,186 1,040,436 159,100 - EQUIPMENT 1,312,648 420,205 417,400 200,000 230,000 60,000 - 455,641 457,950 EXPENDITURE ADJUSTMENTS - 449,845 699,138 605,138 595,438 600,212 20,820,130 21,530,526 22,605,669 25,315,795 4.4% 4.7% 4.6% 10.9% 19.2% -7.0% 9.0% 21.3% 5.9% 3.4% 5.0% 12.0% 6.5% 3.5% 5.2% 12.0% GABudgefl2009 BudgeWlanningWIODEL 2009.xis 6242008 ACTUAL ACTUAL BUDGETED ASSUMP% PROPOSED 2006 2007 2008 INCREASE 2009 SALARIES/BENEFITS & STEP 16,882,621 18,306,646 16,964,487 4.00%1 19,723,066 CONTRACTUAL SVCS. 3,507,515 3,521,120 3,814,941 2.50% 3,910,315 COMMODITIES 1,306,005 1,330,112 1,523,447 3.00%1 1,569,150 CENTRAL SERVICES 2,739,234 2,837,126 3,067,128 3.00%1 3,159,142 EQUIPMENT 1,312,648 1,385,735 1,234,639 3.00% 1,271,678 OTHER EXP & TRANSFERS 60,000 851,675 50,000 0:00% 50,000 EXPENDITURE ADJUSTMENTS 1,235,610 25,798,023 28,232,314 28,664,642 30,918,861 % INCREASE IN EXPENDITURES 7.9% 00• BUDGET $ INCREASE IN EXPENDITURES ASSUMPTIONS 2,264,219 PROPOSED GENERAL FUND ACTUAL REVENUES & OTHER SOURCES ACTUAL BUDGETED ASSUMP % PROPOSED 2006 2007 2008 INCREASE 2009 PROPERTY TAXES 18,166,020 19,379,711 20,314,404 22,537,352 ABATEMENTS & PENALTIES, NET - (73,000) (150,000) LICENSES & PERMITS 3,458,140 2,877,058 2,715,050 3.00 °k 2,796,602 INTERGOVERNMENTAL REVENUE 1,049,523 930,840 745,000 3.00 °A 767,350 FEES AND CHARGES 2,641,720 2,685,552 2,637,388 1 3.00%1 2,716,610 FINES & FORFEITURES 1,023,935 971,486 925,000 0.00 °k 926,000 OTHER REVENUES & TRANSFERS 1,473,939 1,660,486 1,390,800 1.00%1 1,404,708 REVENUE ADJUSTMENTS (78,560) TOTAL REVENUES 27,813,277 28,505,133 28,654,642 30,918,861 % INCREASE IN REVENUES 7.9% $ INCREASE IN REVENUES 2,264,219 GABudgefl2009 BudgeWlanningWIODEL 2009.xis 6242008 Ll GA3udget0009 BudgeflPlanningWODEL 2009.xis 6/24/2008 00• BUDGET ASSUMPTIONS BUDGETED ASSUMP % PROPOSED ACTUAL ACTUAL BUDGET PROPOSED SCENARIO SALARIESIBENEFITS & STEP 2006 2007 2008 2009 USED Total General Fund Revenues 27,813,277 28,505,133 28,654,642 29,783,624 Total General Fund Expenditures 25,798,023 28,232,314 28,664,642 29,783,624 Increase in Expenditures 6.2% 9.4% 4.6% 3.9% General Fund Levy 18,560,151 19,427,890 20,314,404 21,332,615 City Hall Debt Service 1,081,636 1,080,100 1,040,186 1,040,436 Equipment Certificates 169,100 - 100,173 Gymnasium Debt Service 420,206 417,400 200,000 230,000 Fire Station Debt Service - % INCREASE IN EXPENDITURES 455,641 457,950 Public Works Debt Service - 1,128,882 PROPOSED GENERAL 449,846 Park Bond Market Value Ref. Levy 599,138 605,138 595,438 600,212 Total Property Tax Levy 20,820,130 21,530,628 22,605,669 24,110,968 General Fund Levy Increase 4.41/6 4.7% 4.6% 6.0% Debt Levy Increase (Decrease) 19.2% -7.0% 9.0% 21.3% Total Property Tax Levy Increase 5.9% 3.4% 5.0% 6.7% TNT Increase 6.6% 3.6% 6.2% 6.7% GA3udget0009 BudgeflPlanningWODEL 2009.xis 6/24/2008 ACTUAL ACTUAL BUDGETED ASSUMP % PROPOSED 2006 2007 2008 INCREASE 2009 SALARIESIBENEFITS & STEP 16,882,621 18,306,546 18,964,487 4.00%1 19,723,066 CONTRACTUAL SVCS. 3,507,615 3,521,120 3,814,941 F 2.50% 3,910,315 COMMODITIES 1,306,005 1,330,112 1,523,447 3:00 ?h 1,569,150 CENTRAL SERVICES 2,739,234 2,837,126 3,067,128 3.00%1 3,159,142 EQUIPMENT 1,312,648 1,385,735 .1,234,639 3.00% 1,271,678 OTHER EXP & TRANSFERS 50,000 851,675 50,000 O.DD% 50,000 EXPENDITURE ADJUSTMENTS 100,173 26,798,023 28,232,314 28,664,642 29,783,524 % INCREASE IN EXPENDITURES 3.9% 2009 BUDGET $ INCREASE IN EXPENDITURES ASSUMPTIONS 1,128,882 PROPOSED GENERAL FUND ACTUAL REVENUES & OTHER SOURCES ACTUAL BUDGETED ASSUMP% PROPOSED 2006 2007 2008 INCREASE 2009 PROPERTY TAXES 18,166,020 19,379,711 20,314,404 21,332,515 ABATEMENTS & PENALTIES, NET (73,000) (150,000) LICENSES & PERMITS 3,458,140 2,877,058 2,715,050 3.00% 2,796,502 INTERGOVERNMENTAL REVENUE 1,049,623 930,840 745,000 3.OD% 767,350 FEES AND CHARGES 2,641,720 2,685,552 2,637,388 1 3.00%1 2,716,510 FINES & FORFEITURES 1,023,935 971,486 925,000 0.00% 925,000 OTHER REVENUES & TRANSFERS 1,473,939 1,660,486 1,390,800 1.00%1 1,404,708 REVENUE ADJUSTMENTS (9,060) TOTAL REVENUES 27,813,277 28,505,133 28,664,642 29,783,524 % INCREASE IN REVENUES 3.9% $ INCREASE IN REVENUES 1,128,882 GA3udget0009 BudgeflPlanningWODEL 2009.xis 6/24/2008 SCENARIO 1 SCENARIO 2 SCENARIO 3 A0 Sprinkler & alarm fee increase $ - $ - $ 20,000 Increase PD off -duty charges - - 7,500 False alarms police (8,000) (8,000) 34,000 Southdale safety & security (70,560) (70,560) (70,560) TOTAL REVENUE ADJUSTMENTS $ (78,560) $ (78,560) $ (9,060) GABudget\2009 Budget \Planning \MODEL 2009.xls 6/24/2008 Contingencies actual cost 2006 -2007 Prosecuting attorney No new requests No new requests • No new requests No new requests • Street maintenance staff ($40,000 + 28% benefits) Streetlight power utility Curb and gutter maintenance to utility fund Heat & fuel (80% increase) Salt (25% increase) Asphalt (18% increase) Equipment operation Equipment replacement Eliminate commercial area extra enforcement Overtime reductions Mobile computers for investigators Automated alarm tracking and billing Overtime /training reductions SCBA breathing apparatus (annual cost) Commodities Equipment replacement Professional services (Bloomington) INSPECTIONS Temporary staff Contractual services Commodities No new requests RECORDS Cut records management to historical levels • No new requests CENTRAL SERVICES - GENERAL PERA increase (special levy) Employee health insurance @ $50 /month /emp Employee health insurance @ $25 /month /emp Liability insurance decrease (66 %) Workers comp insurance decrease (66 %) Insurance administration fees TOTAL EXPENDITURE ADJUSTMENTS SCENARIO 1 SCENARIO 2 SCENARIO 3 $ 120,000 $ 150,000 $ - 15,000 15,000 15,000 - 51,200 (75,000) - - (150,000) - - (55,000) 300,000 300,000 200,000 50,000 50,000 50,000 60,000 60,000 40,000 100,000 100,000 75,000 - 187,600 - (86,127) - (32,000) 10,000 - 32,060 - - - (75,000) - 40,000 - 6,000 6,000 6,000 - 8,050 - 6,000 6,000 6,000 76,000 76,000 50,000 3,000 3,000 - 1,000 1,000 (20,000) 100,000 10 0, 000 100,000 - 126,600 - - - 63,300 (66,000) (66,000) (66,000) (33,000) (33,000) (33,000) 12,000 12,000 12,000 $ 750,000 $ 1,235,510 $ 100,173 G:%Budget%2009 Budget \Planning \MODEL 2009.)ds 6/2412008 TNT Increase 6.7% 9.8 %, 4.5% 4.5% 4.8% G:SudgetVO09 Budget%PlanningWODEL 2009.xis 6242008 2009 2010 2011 2012 2013 Total General Fund Revenues 29,783,524 31,114,245 32,500,417 33,918,923 35,644,962 Total General Fund Expenditures 29,783,624 31,114,245 32,500,417 33,918,923 35,644,962 Increase in Expenditures 3.94% 4.47% 4.46% 4.36% 4.79% General Fund Levy 21,332,515 22,340,206 23,460,607 24,605,368 25,949,450 City Hall Debt Service 1,040,436 1,017,499 1,015,761 1,016,841 1,015,551 Gymnasium Debt Service 230,000 275,381 333,119 395,044 391,144 Fire Station Debt Service 457, 950 457,951 464,591 456,271 457,531 Public Works Debt Service 449,845 1,718,690 1,714,301 1,713,671 1,716,585 Park Bond Market Value Ref. Levy 600,212 602,250 601,062 599,350 596,487 Total Property Tax Levy 24,110,958 26,411,977 27,579,441 28,766,545 30,126,748 General Fund Levy Increase 5.0 %, 4.7% 5.0 %, 4.9% 5.5% Debt Levy Increase (Decrease) 21.3% 46.6% 1.2% 1.5 %, -0.1 %, Total Property Tax Levy Increase 6.7% 9.5% 4.4% 4.4% 4.7% TNT Increase 6.7% 9.8 %, 4.5% 4.5% 4.8% G:SudgetVO09 Budget%PlanningWODEL 2009.xis 6242008