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Home My WebLink About20161116 Final 2017 City Budget (PDF)CITY OF EDINA Tax Levies Budget Budget 2013 2014 2015 2016 2017 General Fund Levies General Operating Levy 21,824,894$ 22,509,403$ 22,933,958$ 25,023,952$ 26,860,319$ General Fund Subtotal 21,824,894 22,509,403 22,933,958 25,023,952 26,860,319 Increase From Prior Year (%)1.02% 3.14% 1.89% 9.11% 7.34% Arts and Culture Fund Levies Arts and Culture - - 20,000 20,000 20,000 Arts and Culture Fund Subtotal - - 20,000 20,000 20,000 Increase From Prior Year (%)0.00% 0.00% Debt Service Fund Levies City Hall Debt Service 949,850 947,600 944,400 946,000 946,000 Gymnasium Debt Service 396,444 409,244 409,440 385,901 388,000 Fire Station Debt Service 431,544 441,944 441,940 443,000 403,000 Public Works Facility Debt Service 1,536,743 1,526,809 1,546,600 1,561,000 1,696,000 Park Bond Market Value Levy 615,837 627,800 618,600 571,650 - Sports Dome - - 1,168,000 1,167,620 1,162,500 Debt Service Fund Subtotal 3,930,418 3,953,397 5,128,980 5,075,171 4,595,500 Increase From Prior Year (%)7.63% 4.31% 29.74% -1.05% -9.45% Construction Fund Levies Capital Improvement Plan Levy - - - - 101,550 Equipment Levy 992,072 992,072 1,617,072 1,680,000 1,750,000 Weber Woods NOTE 1 - - - - 400,000 Construction Fund Subtotal 992,072 992,072 1,617,072 1,680,000 2,251,550 Increase From Prior Year (%)0.00% 0.00% 63.00% 3.89% 34.02% HRA Fund Levies HRA Operating Levy - - - - 95,000 HRA Fund Subtotal - - - - 95,000 Increase From Prior Year (%) Total Property Tax Levy 26,747,384$ 27,454,872$ 29,700,010$ 31,799,123$ 33,822,369$ Increase From Prior Year (%)1.90% 2.65% 8.18% 7.07% 6.36% NOTE 1:The City purchased a portion of Weber Woods from the City of Minneapolis in 2016 and used Construction Fund reserves to finance the purchase. The levy shown here is to restore the Construction Fund reserves to the pre-purchase level over the next 3 years. CITY OF EDINA Consolidated Proposed Budget 2014 2015 2016 2017 Actual Actual Budget Budget REVENUES AND OTHER FINANCING SOURCES Property tax levy 26,988,493$ 29,535,270$ 31,799,123$ 7.7% 33,822,369$ 6.4% Reductions - - - NA - NA Net tax revenue 26,988,493 29,535,270 31,799,123 7.7% 33,822,369 6.4% Tax increments 5,052,705 1,792,896 2,500,000 39.4% 2,500,000 0.0% Franchise fees & other taxes 2,066,697 2,111,754 2,315,000 9.6% 2,365,000 2.2% Special assessments 4,606,010 4,132,128 4,127,890 -0.1% 4,612,026 11.7% Licenses and permits 4,583,183 4,907,364 4,113,160 -16.2% 4,282,660 4.1% Intergovernmental 4,294,999 6,554,139 4,739,550 -27.7% 2,843,550 -40.0% Charges for services 4,270,720 4,414,991 4,025,310 -8.8% 11,327,973 181.4% Fines and forfeitures 1,163,907 1,195,271 975,000 -18.4% 975,000 0.0% Operating revenue 39,886,753 41,053,310 41,990,893 2.3% 41,831,333 -0.4% Investment income 632,025 287,527 390,737 35.9% 380,389 -2.6% Other revenue 1,470,153 1,816,960 743,311 -59.1% 644,711 -13.3% Debt issued 21,483,096 12,975,023 3,852,396 -70.3% 3,108,982 -19.3% Other financing sources 70,603 245,676 - -100.0% - NA TOTAL REVENUES AND OTHER FINANCING SOURCES 116,569,344 111,022,309 101,572,370 -8.5% 108,693,993 7.0% EXPENDITURES, EXPENSES AND OTHER FINANCING USES - BY DEPARTMENT Administration 23,125,572 15,194,961 18,464,763 21.5% 24,848,123 34.6% Communications & tech. 1,205,409 1,441,796 1,853,747 28.6% 1,367,817 -26.2% Human resources 979,873 862,728 1,455,345 68.7% 1,577,755 8.4% Finance 1,015,847 1,095,099 1,182,017 7.9% 1,190,149 0.7% Public works 24,976,826 23,610,539 25,066,316 6.2% 26,185,390 4.5% Engineering 7,796,629 14,017,282 11,481,525 -18.1% 8,596,593 -25.1% Police 11,081,717 11,824,340 12,449,166 5.3% 12,435,592 -0.1% Fire 6,965,287 7,797,273 8,152,253 4.6% 7,878,906 -3.4% Parks & recreation 13,120,262 15,070,930 12,549,735 -16.7% 11,594,747 -7.6% Community development 1,543,486 3,019,380 1,771,945 -41.3% 2,134,977 20.5% Debt service 6,020,022 15,651,988 7,552,545 -51.7% 11,550,961 52.9% TOTAL EXPENDITURES, EXPENSES AND OTHER FINANCING USES 97,830,930 109,586,316 101,979,357 -6.9% 109,361,010 7.2% EXPENDITURES, EXPENSES AND OTHER FINANCING USES - BY TYPE Cost of goods sold 10,440,199 9,873,905 9,761,579 -1.1% 9,803,441 0.4% Personal services 31,436,152 32,159,685 34,314,636 6.7% 34,577,968 0.8% Contractual services 15,438,487 15,211,827 16,658,674 9.5% 17,592,851 5.6% Commodities 3,591,254 3,783,599 4,189,290 10.7% 4,279,465 2.2% Central services 4,872,724 4,889,923 5,278,548 7.9% 5,645,385 6.9% Equipment 1,468,320 2,027,156 2,113,177 4.2% 1,440,222 -31.8% Capital outlay 18,414,824 17,885,409 14,878,386 -16.8% 16,971,709 14.1% Depreciation 5,198,570 5,852,060 6,538,750 11.7% 6,913,750 5.7% Other expenses - 1,475,427 - -100.0% - NA Debt service 6,970,400 16,427,325 8,246,317 -49.8% 12,136,219 47.2% TOTAL EXPENDITURES, EXPENSES AND OTHER FINANCING USES 97,830,930 109,586,316 101,979,357 -6.9% 109,361,010 7.2% CHANGE IN FUND BALANCE OR NET POSITION 18,738,414 1,435,993 (406,987) (667,017) CITY OF EDINA Budget by Fund Type Governmental Enterprise Governmental Enterprise Funds Funds Total Funds Funds Total REVENUES AND OTHER FINANCING SOURCES Property tax levy 31,799,123$ -$ 31,799,123$ 33,822,369$ -$ 33,822,369$ Reductions - - - - - - Net tax revenue 31,799,123 - 31,799,123 33,822,369 - 33,822,369 Tax increments 2,500,000 - 2,500,000 2,500,000 - 2,500,000 Franchise fees 2,315,000 - 2,315,000 2,365,000 - 2,365,000 Special assessments 4,127,890 - 4,127,890 4,612,026 - 4,612,026 Licenses and permits 4,113,160 - 4,113,160 4,282,660 - 4,282,660 Intergovernmental 4,442,550 297,000 4,739,550 2,731,550 112,000 2,843,550 Charges for services 4,025,310 - 4,025,310 11,327,973 - 11,327,973 Fines and forfeitures 975,000 - 975,000 975,000 - 975,000 Operating revenue - 41,990,893 41,990,893 - 41,831,333 41,831,333 Investment income 277,500 113,237 390,737 262,500 117,889 380,389 Other revenue 721,811 21,500 743,311 623,211 21,500 644,711 Transfers 2,930,628 500,000 3,430,628 3,100,783 600,000 3,700,783 Debt issued 3,852,396 - 3,852,396 3,108,982 - 3,108,982 Other financing sources - - - - - - TOTAL REVENUES AND OTHER FINANCING SOURCES 62,080,368 42,922,630 105,002,998 69,712,054 42,682,722 112,394,776 EXPENDITURES, EXPENSES AND OTHER FINANCING USES - BY FUNCTION Administration 6,702,645 11,762,118 18,464,763 12,822,437 12,025,686 24,848,123 Communication & tech. 1,853,747 - 1,853,747 1,367,817 - 1,367,817 Human resources 790,345 665,000 1,455,345 912,755 665,000 1,577,755 Finance 883,624 298,393 1,182,017 880,745 309,404 1,190,149 Public works 10,282,436 14,783,880 25,066,316 10,809,517 15,375,873 26,185,390 Engineering 11,242,429 239,096 11,481,525 8,353,339 243,254 8,596,593 Police 11,952,196 496,970 12,449,166 11,927,868 507,724 12,435,592 Fire 8,152,253 - 8,152,253 7,878,906 - 7,878,906 Parks & recreation 1,720,447 10,829,288 12,549,735 1,766,856 9,827,891 11,594,747 Community development 1,771,945 - 1,771,945 2,134,977 - 2,134,977 Debt service 7,552,545 - 7,552,545 11,550,961 - 11,550,961 Transfers 2,630,628 800,000 3,430,628 2,850,783 850,000 3,700,783 TOTAL EXPENDITURES, EXPENSES AND OTHER FINANCING USES 65,535,240 39,874,745 105,409,985 73,256,961 39,804,832 113,061,793 EXPENDITURES, EXPENSES AND OTHER FINANCING USES - BY TYPE Cost of goods sold - 9,761,579 9,761,579 - 9,803,441 9,803,441 Personal services 26,239,843 8,074,793 34,314,636 27,044,621 7,533,347 34,577,968 Contractual services 6,033,051 10,625,623 16,658,674 6,786,070 10,806,781 17,592,851 Commodities 2,162,014 2,027,276 4,189,290 2,418,623 1,860,842 4,279,465 Central services 3,925,596 1,352,952 5,278,548 4,193,972 1,451,413 5,645,385 Equipment 2,113,177 - 2,113,177 1,440,222 - 1,440,222 Capital outlay 14,878,386 - 14,878,386 16,971,709 - 16,971,709 Depreciation - 6,538,750 6,538,750 - 6,913,750 6,913,750 Other expenses - - - - - - Debt service 7,552,545 693,772 8,246,317 11,550,961 585,258 12,136,219 Transfers 2,630,628 800,000 3,430,628 2,850,783 850,000 3,700,783 TOTAL EXPENDITURES, EXPENSES AND OTHER FINANCING USES 65,535,240 39,874,745 105,409,985 73,256,961 39,804,832 113,061,793 CHANGE IN FUND BALANCE OR NET POSITION (3,454,872) 3,047,885 (406,987) (3,544,907) 2,877,890 (667,017) 2016 Budget 2017 Budget CITY OF EDINAGovernmental Fund BudgetsBraemarArts & Debt EnvironmentalGeneral HRA PACS CAS CDBG Police SR Memorial Culture Service Efficiency ConstructionFundFundFundFundFundFundFundFundFundFundFundTotalREVENUES AND OTHER FINANCING SOURCESProperty tax levy 26,860,319$ 95,000$ -$ -$ -$ -$ -$ 20,000$ 4,595,500$ -$ 2,251,550$ 33,822,369$ Reductions - - - - - - - - - - - - Net tax revenue 26,860,319 95,000 - - - - - 20,000 4,595,500 - 2,251,550 33,822,369 Tax increments - 2,500,000 - - - - - - - - - 2,500,000 Franchise fees & other taxes 810,000 - 1,200,000 250,000 - - - - - - 105,000 2,365,000 Special assessments - - - - - - - - - - 4,612,026 4,612,026 Licenses and permits 4,192,660 - - - - - - - - - 90,000 4,282,660 Intergovernmental 1,195,550 - - - 125,000 36,000 - - - - 1,375,000 2,731,550 Charges for services 4,017,973 7,275,000 - - - - - - - - 35,000 11,327,973 Fines and forfeitures 975,000 - - - - - - - - - - 975,000 Investment income 120,000 62,000 - - - 300 200 - 10,000 - 70,000 262,500 Other revenue 478,800 - - - - 134,061 5,000 5,350 - - - 623,211 Transfers 50,000 - - - - - - - 2,850,783 - 200,000 3,100,783 Debt issued - - - - - - - - - - 3,108,982 3,108,982 Other financing sources - - - - - - - - - - - - TOTAL REVENUES AND OTHER FINANCING SOURCES38,700,302 9,932,000 1,200,000 250,000 125,000 170,361 5,200 25,350 7,456,283 - 11,847,558 69,712,054 EXPENDITURES AND OTHER FINANCING USES - BY DEPARTMENTAdministration 1,839,504 10,960,433 - - - - - - - - 22,500 12,822,437 Communication & tech. 1,204,517 - - - - - - - - - 163,300 1,367,817 Human resources 812,755 - - - - - - - - - 100,000 912,755 Finance 880,745 - - - - - - - - - - 880,745 Public works 9,727,954 - - - - - - - - - 1,081,563 10,809,517 Engineering 1,642,170 - 1,005,365 157,495 - - - - - - 5,548,309 8,353,339 Police 11,438,368 - - - - 140,500 - - - - 349,000 11,927,868 Fire 7,746,806 - - - - - - - - - 132,100 7,878,906 Parks & recreation 1,597,506 - - - - - 79,000 22,450 - 67,900 - 1,766,856 Community development 1,809,977 - - - 125,000 - - - - - 200,000 2,134,977 Debt service - - - - - - - - 11,550,961 - - 11,550,961 Transfers - - - - - - - - - - 2,850,783 2,850,783 TOTAL EXPENDITURES AND OTHERFINANCING USES38,700,302 10,960,433 1,005,365 157,495 125,000 140,500 79,000 22,450 11,550,961 67,900 10,447,555 73,256,961 EXPENDITURES AND OTHER FINANCING USES - BY TYPEPersonal services 26,585,024 129,068 116,531 106,761 - - - - - - 107,237 27,044,621 Contractual services 5,586,577 679,865 20,000 35,000 125,000 98,000 - 20,425 - - 221,203 6,786,070 Commodities 2,338,165 1,500 20,000 15,000 - 15,000 - 2,025 - - 26,933 2,418,623 Central services 4,190,536 - 734 734 - - - - - - 1,968 4,193,972 Equipment - - - - - 27,500 - - - - 1,412,722 1,440,222 Capital outlay - 10,150,000 848,100 - - - 79,000 - - 67,900 5,826,709 16,971,709 Debt service - - - - - - - - 11,550,961 - - 11,550,961 Transfers - - - - - - - - - - 2,850,783 2,850,783 TOTAL EXPENDITURES AND OTHERFINANCING USES38,700,302 10,960,433 1,005,365 157,495 125,000 140,500 79,000 22,450 11,550,961 67,900 10,447,555 73,256,961 CHANGE INFUND BALANCE-$ (1,028,433)$ 194,635$ 92,505$ -$ 29,861$ (73,800)$ 2,900$ (4,094,678)$ (67,900)$ 1,400,003$ (3,544,907)$ 2017 GOVERNMENTAL FUND BUDGETS CITY OF EDINAEnterprise Fund BudgetsAquatic Golf Sports Art RiskUtilities Liquor Center Course Arena Dome Center Edinborough Centennial ManagementFundFundFundFundFundFundFundFundFundFundTotalREVENUES AND TRANSFERS INOperating revenues 20,680,555$ 12,667,946$ 1,014,186$ 1,273,301$ 2,250,500$ 401,810$ 453,350$ 1,362,800$ 784,000$ 942,885$ 41,831,333$ Intergovernmental 112,000 - - - - - - - - - 112,000 Investment income 79,889 - 3,000 9,000 4,000 5,000 1,000 13,000 3,000 - 117,889 Other revenue 10,000 10,000 - - - - 1,500 - - - 21,500 Transfers - - - 200,000 200,000 - 100,000 - 100,000 - 600,000 TOTAL REVENUES ANDTRANSFERS IN20,882,444 12,677,946 1,017,186 1,482,301 2,454,500 406,810 555,850 1,375,800 887,000 942,885 42,682,722 EXPENSES AND TRANSFERS OUT - BY DEPARTMENTAdministration - 12,025,686 - - - - - - - - 12,025,686 Human resources - - - - - - - - - 665,000 665,000 Finance 309,404 - - - - - - - - - 309,404 Public works 15,375,873 - - - - - - - - - 15,375,873 Engineering 243,254 - - - - - - - - - 243,254 Police 507,724 - - - - - - - - - 507,724 Parks and recreation - - 938,173 2,023,015 2,654,073 736,043 709,507 1,671,496 1,095,584 - 9,827,891 Transfers 100,000 750,000 - - - - - - - - 850,000 TOTAL EXPENSES ANDTRANSFERS OUT16,536,255 12,775,686 938,173 2,023,015 2,654,073 736,043 709,507 1,671,496 1,095,584 665,000 39,804,832 EXPENSES AND TRANSFERS OUT - BY TYPECOGS - 9,517,071 42,000 37,120 105,500 - 2,750 85,000 14,000 - 9,803,441 Personal services 2,127,459 1,544,824 342,914 581,231 901,750 60,314 455,163 802,264 657,428 60,000 7,533,347 Contractual services 7,605,022 526,879 179,200 367,175 729,950 149,930 107,950 351,750 183,925 605,000 10,806,781 Commodities 1,116,700 75,032 89,150 104,085 104,750 3,725 73,800 169,800 123,800 - 1,860,842 Central services 710,302 267,380 38,396 142,365 75,189 12,074 45,844 85,932 73,931 - 1,451,413 Depreciation 4,499,500 94,500 246,500 710,000 610,000 510,000 24,000 176,750 42,500 - 6,913,750 Interest 377,272 - 13 81,039 126,934 - - - - - 585,258 Transfers 100,000 750,000 - - - - - - - - 850,000 TOTAL EXPENSES ANDTRANSFERS OUT16,536,255 12,775,686 938,173 2,023,015 2,654,073 736,043 709,507 1,671,496 1,095,584 665,000 39,804,832 CHANGE IN NETPOSITION4,346,189$ (97,740)$ 79,013$ (540,714)$ (199,573)$ (329,233)$ (153,657)$ (295,696)$ (208,584)$ 277,885$ 2,877,890$ 2017 ENTERPRISE FUND BUDGETS