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HomeMy WebLinkAbout#21 - 2019 General Fund Budget and Property Tax Levy STAFF REPORT DATE: December 4, 2018 REGULAR ITEM #: 21 MOTION TO: Honorable Mayor and City Council FROM: Sue Iverson – Finance Director AGENDA ITEM: 2019 Budget – General Fund, EDA Fund and Tax Levy REVIEWED BY: Kristina Handt – City Administrator INTRODUCTION: In preparation for adoption of the final tax levy, the City Council needs to hold a Truth-N-Taxation hearing. Following the hearing, the Council is asked to adopt the final budgets and property tax levy. This memo addresses the following information: discussion on levy, assumptions used to prepare the final budgets and tax levy. ISSUE BEFORE THE COUNCIL: 1) What changes, if any should be made to the final budgets? 2) What Final Property Tax Levy would the City Council like to set for certification to Washington County for Payable 2019? FINAL LEVY At the November 13, 2018, City Council worksession, council directed staff to remove the $35,000 from the line item for Keats Ave Turn Lane and add that amount to the Vehicle Replacement Fund transfer. Council did discuss the Sealcoating and Crack Sealing line item which also included the Discover Bridge Crossing and directed staff to leave the line item and description as is for the time being. The Snow Removal Contract Services line item was left as is given the City Council was still undecided on this issue. The City Council instructed staff to set the levy to increase the tax rate by 2% over the 2018 rate. Staff prepared a budget that would increase the tax rate by 2% over the 2018 tax rate, which the City Council adopted as the Preliminary Levy for certification at its September 18, 2019 meeting. As you can see from the table on the next page, the Pay 2018 rate was 22.4442% with an overall levy of $3,596,601. The preliminary tax rate for Pay 2019 is 22.902% with an overall levy increase of $593,236 to $4,189,837. ***PLEASE NOTE THESE ARE ESTIMATES USING NUMBERS FROM THE COUNTY*** Below shows the impact to median valued home of $396,964. The table shows both the increase resulting from the increase in market value of 3.7% and Fiscal Disparities ($35.06), and the amount attributed to the proposed levy increase ($17.91) for a total of $52.97. The overall City levy is made up of the General Fund Operating Levy and the Debt Levies. The table to the left shows the Actual 2018 levy and the Preliminary 2019 levy with the tax rate increased by 2%. Note: the 2019 General Fund budget includes $645,076 in transfers to the Vehicle Replacement Fund to reduce future borrowing and debt for equipment and vehicle purchases, meaning, after 2019, if the Vehicle Replacement Fund continues to be funded, the City will not have to borrow for equipment. The 2019 General Fund budget also includes $67,859 in transfers to debt service. The reduction in assessments for Old Village Phase 3 assessments results in an increase of $23,833 each year for the GO 2017A debt levy. Since we cannot increase the levy after the preliminary levy was set this year, we will have transfer funds from the General Fund to cover this for the 2018 and 2019 levy years totaling $47,766. The Equipment Certificates issued in 2018 will have an interest payment due for 2019 of $20,093 that is also transferred as the Debt Levy for this issue cannot be added for 2019 since this bond closed after the preliminary levy was certified. Actual Proposed % Item Pay 2018 Pay 2019 Change (A)(B)(C) 1.Levy before reduction for state aids $3,596,601 $4,189,837 16.5% 2.State Aids - $0 $0 0.0% 3.Certifed Property Tax Levy = $3,596,601 $4,189,837 16.5% 4.Fiscal Disparity Portion of Levy - $149,615 $199,221 33.2% 5.Local Portion of Levy = $3,446,986 $3,990,616 15.8% 6.Local Taxable Value ÷ 15,359,350 17,424,380 13.4% 7.Local Tax Rate = 22.442%22.902%2.0% 8.Market Value Referenda Levy $0 $0 0.0% 9.Fiscal Disparity Portion of Levy (SDs only)- $0 $0 0.0% 10.Local Levy = $0 $0 0.0% 11.Referenda Market Value ÷ 1,417,942,900 1,614,873,700 13.9% 12.Market Value Referenda Rate = 0.00000%0.00000%0.0% Taxable Taxing Market Homestead Taxable District Value Exclusion Market Tax Net B/4 Credit Credit Value Capacity Tax Proposed Pay 2019 Pay 2019 MV 76,000@.40%500,000@1.0%(B7 x G) + X 0.988 - rem up to 413799 @.09%(D - E)rem @ 1.25%(B12 x D)Annual Increase Monthly incr.Annual Increase Monthly incr.Annual Increas Monthly incr. Estimated Tax District rate as % of total rate: 150,000 23,740 126,260 1,263 $289.25 $19.05 1.59$ $13.33 1.11$ $5.72 0.48$ 396,964 1,513 395,451 3,955 $905.77 $52.97 4.41$ $35.06 2.92$ $17.91 1.49$ 350,000 5,740 344,260 3,443 $788.52 $46.59 3.88$ $30.99 2.58$ $15.60 1.30$ 500,000 - 500,000 5,000 $1,145.10 $62.95 5.25$ $40.30 3.36$ $22.65 1.89$ 750,000 - 750,000 8,125 $1,860.79 $112.56 9.38$ $75.75 6.31$ $36.81 3.07$ Impact from Marget Shifts Impact from Total Change and Fiscal Disparities Levy Increase 2018 2019 GO 2009B $50,911 $43,580 GO 2010A 61,206 59,356 GO 2010B 204,519 205,989 GO 2011A 73,254 76,719 GO 2012A GO 2012B 61,141 65,275 GO 2013A GO 2014A 203,045 203,885 GO 2015A 28,683 25,113 GO 2016A 189,419 189,419 GO 2017A 341,610 346,598 Total Debt Levies $1,213,788 $1,215,932 General Fund $2,382,813 $2,973,905 Total Levy $3,596,601 $4,189,837 OPERATING BUDGETS Salary and Benefits The 2019 preliminary budget is currently being prepared assuming a 2.5% cost-of-living adjustment (COLA) for non-union staff and 3.0% COLA for union staff with no other changes to the compensation policies, step and grade system. Medical benefits for non-union staff decreased by 4%, however, union staff are estimated to increase by 6% as this increase will not be known until March of 2019. A contingency of $3,788 has been built into the budget this reason. General Fund Revenues are largely increased due to the proposed operating levy for the General Fund. Since the City is in an expansion phase we have projected a conservative estimate for building permits, planning, and zoning fees. Cable franchise revenues are increasing as the City builds out. State Fire Aid and Municipal State Aids (MSA) for road maintenance are based on the current estimates done this year. Tower Rent has increased as we have two additional leases and current lease increases. The Mayor and Council budget remains fairly flat with the exception of some IT expenses. Communications shows a reduction of which $33,700 is expenditures for IT that are reallocated throughout the budget to the proper departments. Finance has an overall decrease of 15.19% as a result of hiring a full- time Finance Director as opposed to contracting with a consultant, and elimination of the one-time software costs in 2018 for the software conversion. The most notable change in Planning & Zoning is the decrease of $31,000 as the result of completing the Comprehensive Plan. Keats Ave Turn Lane has been added in Engineering. The Sheriff’s contract increased 5.58%. Building Inspections had an additional Inspector in the 2018 budget, but since that position has not been filled, staff has reevaluated and changed this for 2019 to reflect a part-time position. A new vehicle for Building Inspections had previously been budgeted for 2018 and has been moved to 2019. Public Works is comprised of Streets (General Fund), Parks (General General Fund Revenues Property Tax Levy $771,207 Fiscal Disparities 49,606 Building/Mechanical Permits 77,000 State Fire Aid 13,000 MSA Maintenance 16,166 Planning & Zoning Fees 15,005 Cable Franchise Revenue 17,000 Tower Rent 55,148 Miscellaneous -13,857 $1,000,275 General Fund Expenditures Assessing Services $28,150 Elections -8,500 Finance Director 102,147 Finance Consultant -105,150 Finance software costs -16,682 Comprehensive Plan -31,000 Keats Ave Turn Lane 35,000 Sheriff's contract 37,093 Building Inspector change -25,266 Sealcoating & Crack Sealing 165,000 Sunfish Management 10,000 Mowing Contracts 58,000 Snow removal sidewalks 10,000 Fund balance to Vehicle Fund 100,000 Budget transfer to Vehicle Fund 75,000 Additional transfer to Vehicle Fund 470,076 Transfer to Debt Service 2017A 47,766 Transfer to Debt Service 2018A 20,093 Non-union insurance -16,755 Contingency for union insurance 3,788 Miscellaneous -28,485 $930,275 Fund), Water, Sewer, and Storm Water. An additional employee has been added to the budget consistent with the consultant recommendation from 2016, but has been spread across all funds. Staff reevaluated the Public Works employees’ time cards and has changed the allocation of salaries and benefits to more accurately reflect costs in the proper departments. $10,000 has been budgeted for Sunfish Lake Park Management and $58,000 has been budgeted for mowing contracts. The Finance Committee recommended that a Vehicle Replacement Fund be established with $100,000 from the General Fund Balance and $75,000 as a budgeted transfer from Fire, Streets, and Parks & Recreation. Additional funds of $470,076 from the tax levy not needed for the operating budget is also being placed into this fund, thus reducing the need to bond for equipment in the future. Since the Levy cannot be increased once the Preliminary Levy was certified to the county, transfers from the General Fund to Debt Service funds for the 2017A Bond and 2018A Equipment Certificates have been included in the budget as previously discussed. The 2017A Bond includes assessments from the Old Village Phase 3 project. Since the final assessment roll was adopted with some reductions in the assessments, an updated calculation for the tax levy was done showing an increase in the tax levy needed of $23,833 per year, 2018 and 2019 levies needed a total of $47,766 and have been included in the budget. The 2018A Equipment Certificates closed in October of this year and the levy for that issue will begin in 2020. An interest payment on this debt of $20,093 will be required in 2019 and is included in the budget. EDA Fund Attached is the 2019 Budget for the EDA Brookfield Building Fund. Since the building was purchased in 2018, there was no 2018 budget for this fund. Revenues consist of tenant rents and expenditures are building maintenance, operation, and debt service. FINANCIAL MANAGEMENT PLAN Per direction from the City Council, staff has prepared the forecast keeping the City’s Tax Rate at a 2% increase through 2022. This was done to deal with the concerned of fluctuating tax rates in the original 10 year projections, especially in year 2023 when the new City Hall/Fire Station costs/debt would be added to the tax rolls. This stabilizes the increases much like you would do with utility rates. This provides several benefits: 1. The tax increase is a steady increase of 3.6% or about $33-$36 a year (2020 – 2022) and 5.2% or $52-$56 a year (2023 – 2024) on the median valued home (projecting a 1.5% market value increase each year). 2. The plan shows that existing properties would be paying for the normal increases in the budget and costs due to inflation (as the City is estimating expenses increasing by 4% per year) while new development would be paying for the increased costs in services and equipment due to development as these have been worked into the plan as well as current expenses. Revenue Inflation Rate 2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00% Expenses Inflation Rate 4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00% 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Budget GENERAL FUND OPERATING TAX LEVY 2,973,905 3,239,137 3,268,509 3,582,939 3,276,211 3,443,417 3,655,441 4,025,358 4,252,295 4,869,510 5,500,376 ANNUAL INCREASE 24.8%8.9%0.9%9.6%-8.6%5.1%6.2%10.1%5.6%14.5%13.0% TOTAL OTHER GENERAL LEVIES 0 0 0 0 0 0 0 0 0 0 0 EXISTING DEBT SERVICE LEVIES 1,215,932 1,215,932 1,158,723 1,022,051 1,025,432 937,558 834,293 706,568 711,996 486,825 179,314 TOTAL EXISTING TAX LEVIES 4,189,837 4,455,069 4,427,232 4,604,990 4,301,643 4,380,975 4,489,734 4,731,926 4,964,291 5,356,335 5,679,690 TOTAL NEW ADDITIONS TO TAX LEVY 0 100,000 513,915 744,035 1,545,858 2,032,143 2,307,861 2,461,418 2,613,306 2,615,181 2,696,301 GROSS LEVY TO TAXPAYERS 4,189,837 4,555,069 4,941,147 5,349,025 5,847,501 6,413,118 6,797,595 7,193,343 7,577,597 7,971,516 8,375,991 FISCAL DISPARITIES -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 NET LEVY TO TAXPAYERS 3,990,616 4,355,848 4,741,926 5,149,804 5,648,280 6,213,897 6,598,374 6,994,122 7,378,376 7,772,295 8,176,770 EXISTING TAX BASE 17,424,380 17,685,746 18,925,404 20,198,273 21,505,069 22,846,525 24,223,386 25,636,412 27,086,379 28,574,077 30,100,311 NEW CONSTRUCTION TAX CAP (from lines 86-89)0 959,973 974,372 988,988 1,003,822 1,018,880 1,034,163 1,049,675 1,065,421 1,081,402 1,097,623 TOTAL TAX CAPACITY 17,424,380 18,645,718 19,899,776 21,187,260 22,508,892 23,865,405 25,257,549 26,686,088 28,151,800 29,655,479 31,197,934 TAX RATE ON TAX CAPACITY 22.902%23.361%23.829%24.306%25.094%26.037%26.124%26.209%26.209%26.209%26.209% TAX RATE % CHANGE 2.05%2.00%2.00%2.00%3.24%3.76%0.33%0.33%0.00%0.00%0.00% Existing $382,800 home Market Value (inflated by line 81)396,964 402,918 408,962 415,096 421,323 427,643 434,057 440,568 447,177 453,884 460,692 City Taxes (with inflation on value)906 939 973 1,009 1,061 1,117 1,138 1,155 1,172 1,190 1,207 Percentage City tax increase in home ($382,800 inflated f 6.21%3.65%3.68%3.65%5.15%5.29%1.85%1.50%1.50%1.50%1.50% Existing Tax Base Inflation 3.7%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5% Total Tax Base Increase 13.4%7.0%6.7%6.5%6.2%6.0%5.8%5.7%5.5%5.3%5.2% % from New Growth 9.7%5.5%5.2%5.0%4.7%4.5%4.3%4.2%4.0%3.8%3.7% New tax capacity assumptions Residential units completed in beginning of year 250 250 250 250 250 250 250 250 250 250 250 New home average value ($383,989 in 2018 inflated)383,989 389,749 395,595 401,529 407,552 413,665 419,870 426,168 432,561 439,049 445,635 Commercial - New construction (15,000 s.f./year)0 0 0 0 0 0 0 0 0 0 0 New Home Value Construction Inflation 1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5% Percentage of Tax Levy for Debt 30.47%30.21%35.27%33.09%44.38%46.71%45.47%43.19%42.99%37.86%33.14% Projected Tax increase is a steady increase of 3.6% or about $33-$36 a year for 3 years (2020-2022), then it goes to 5.5% or $52-$56 a year for 2 years (2023-2024) when City Hall/Fire Station debt comes on, 1.85% in 2025, and then 1.5% in following years as we are projecting a 1.5% market increase each year. Revenue Inflation Rate 2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00% Expenses Inflation Rate 4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00% 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Budget GENERAL FUND OPERATING TAX LEVY 2,973,905 3,239,137 3,268,509 3,582,939 3,276,211 3,443,417 3,655,441 4,025,358 4,252,295 4,869,510 5,500,376 ANNUAL INCREASE 24.8%8.9%0.9%9.6%-8.6%5.1%6.2%10.1%5.6%14.5%13.0% TOTAL OTHER GENERAL LEVIES 0 0 0 0 0 0 0 0 0 0 0 EXISTING DEBT SERVICE LEVIES 1,215,932 1,215,932 1,158,723 1,022,051 1,025,432 937,558 834,293 706,568 711,996 486,825 179,314 TOTAL EXISTING TAX LEVIES 4,189,837 4,455,069 4,427,232 4,604,990 4,301,643 4,380,975 4,489,734 4,731,926 4,964,291 5,356,335 5,679,690 TOTAL NEW ADDITIONS TO TAX LEVY 0 100,000 513,915 744,035 1,545,858 2,032,143 2,307,861 2,461,418 2,613,306 2,615,181 2,696,301 GROSS LEVY TO TAXPAYERS 4,189,837 4,555,069 4,941,147 5,349,025 5,847,501 6,413,118 6,797,595 7,193,343 7,577,597 7,971,516 8,375,991 FISCAL DISPARITIES -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 NET LEVY TO TAXPAYERS 3,990,616 4,355,848 4,741,926 5,149,804 5,648,280 6,213,897 6,598,374 6,994,122 7,378,376 7,772,295 8,176,770 EXISTING TAX BASE 17,424,380 17,685,746 18,925,404 20,198,273 21,505,069 22,846,525 24,223,386 25,636,412 27,086,379 28,574,077 30,100,311 NEW CONSTRUCTION TAX CAP (from lines 86-89)0 959,973 974,372 988,988 1,003,822 1,018,880 1,034,163 1,049,675 1,065,421 1,081,402 1,097,623 TOTAL TAX CAPACITY 17,424,380 18,645,718 19,899,776 21,187,260 22,508,892 23,865,405 25,257,549 26,686,088 28,151,800 29,655,479 31,197,934 TAX RATE ON TAX CAPACITY 22.902%23.361%23.829%24.306%25.094%26.037%26.124%26.209%26.209%26.209%26.209% TAX RATE % CHANGE 2.05%2.00%2.00%2.00%3.24%3.76%0.33%0.33%0.00%0.00%0.00% Existing $382,800 home Market Value (inflated by line 81)396,964 402,918 408,962 415,096 421,323 427,643 434,057 440,568 447,177 453,884 460,692 City Taxes (with inflation on value)906 939 973 1,009 1,061 1,117 1,138 1,155 1,172 1,190 1,207 Percentage City tax increase in home ($382,800 inflated f 6.21%3.65%3.68%3.65%5.15%5.29%1.85%1.50%1.50%1.50%1.50% Existing Tax Base Inflation 3.7%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5% Total Tax Base Increase 13.4%7.0%6.7%6.5%6.2%6.0%5.8%5.7%5.5%5.3%5.2% % from New Growth 9.7%5.5%5.2%5.0%4.7%4.5%4.3%4.2%4.0%3.8%3.7% New tax capacity assumptions Residential units completed in beginning of year 250 250 250 250 250 250 250 250 250 250 250 New home average value ($383,989 in 2018 inflated)383,989 389,749 395,595 401,529 407,552 413,665 419,870 426,168 432,561 439,049 445,635 Commercial - New construction (15,000 s.f./year)0 0 0 0 0 0 0 0 0 0 0 New Home Value Construction Inflation 1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5% Percentage of Tax Levy for Debt 30.47%30.21%35.27%33.09%44.38%46.71%45.47%43.19%42.99%37.86%33.14% Projected Shows that existing properties would be paying for the normal operating increases due to inflation, while new development would be paying for the increased costs in services and equipment due to development. 3. The costs of the new City Hall and Fire Station are minimized to current residents as the impact would be about 5.2% increase or $52-$56 on the median valued home in 2023 and 2024. 4. Additional reserves would be accumulating to assist with future equipment expenses, thus eliminating the need to borrow or bond, thus growing our fund balances to maintain reserve levels to achieve favorable bond ratings. (The fund balance reserve is calculated using the percent of the current year’s operating budget less transfers, so as the budget grows so will the required reserves to meet this level. The reserves can be an accumulation of all governmental funds excluding the enterprise funds, it is not just the general fund reserves.) So placing funds in the Vehicle Replacement Fund rather than leaving them in the Undesignated General Fund Balance shows greater transparency on what the reserves will be used for and does not hurt our chances for a favorable bond rating. Revenue Inflation Rate 2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00% Expenses Inflation Rate 4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00% 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Budget REVENUE PROPERTY TAX LEVY 2,973,905 3,239,137 3,268,509 3,582,939 3,276,211 3,443,417 3,655,441 4,025,358 4,252,295 4,869,510 5,500,376 Adjust for Fiscal Disparities 199,221 199,221 199,221 199,221 199,221 199,221 199,221 199,221 199,221 199,221 199,221 Other Taxes (Delinq., Mobile Home, Penalties)30,500 30,500 30,500 30,500 30,500 30,500 30,500 30,500 30,500 30,500 30,500 LICENSE AND PERMIT 1,056,900 1,078,038 1,099,599 1,121,591 1,144,023 1,166,903 1,190,241 1,214,046 1,238,327 1,263,093 500,000 INTERGOVERNMENTAL (excludes Fiscal Disparities)267,835 267,835 267,835 267,835 267,835 267,835 267,835 267,835 267,835 267,835 267,835 CHARGES FOR SERVICES 626,600 639,132 651,915 664,953 678,252 691,817 705,653 719,766 734,162 748,845 763,822 FINES/FOREFEITS 49,000 49,980 50,980 51,999 53,039 54,100 55,182 56,286 57,411 58,560 59,731 INTEREST EARNINGS 40,000 40,800 41,616 42,448 43,297 44,163 45,046 45,947 46,866 47,804 48,760 MISC. (See note 1 below)233,048 237,709 242,463 247,312 252,259 257,304 262,450 267,699 273,053 278,514 284,084 SALE OF ASSETS 0 0 0 0 0 0 0 0 0 0 0 TOTAL REVENUE 5,477,009 5,782,352 5,852,637 6,208,799 5,944,637 6,155,260 6,411,570 6,826,658 7,099,670 7,763,882 7,654,329 EXPENDITURES GENERAL GOVERNMENT 1,179,538 1,226,720 1,275,788 1,326,820 1,379,893 1,435,088 1,492,492 1,552,192 1,614,279 1,678,850 1,746,004 PUBLIC SAFETY 1,841,679 1,915,346 1,991,960 2,071,638 2,154,504 2,240,684 2,330,311 2,423,524 2,520,465 2,621,283 2,726,135 PUBLIC WORKS 1,418,134 1,489,041 1,563,493 1,641,667 1,723,751 1,809,938 1,900,435 1,995,457 2,095,230 2,199,991 2,309,991 CULTURE AND RECREATION 385,935 401,372 417,427 434,124 451,489 469,549 488,331 507,864 528,179 549,306 571,278 MISCELLANEOUS 3,788 0 0 0 0 0 0 0 0 0 0 CAPITAL OUTLAY 0 0 0 0 0 0 0 0 0 0 GENERAL GOVERNMENT 35,000 0 0 0 0 0 0 0 0 0 0 PUBLIC SAFETY 24,000 0 0 0 60,000 0 0 0 0 0 0 PUBLIC WORKS 0 0 60,000 0 0 0 0 0 0 0 CULTURE AND RECREATION 0 0 0 0 0 0 0 0 0 0 TRANSFER OUT 67,859 0 0 0 0 0 0 0 0 0 0 CAPITAL EQUIPMENT 75,000 100,000 125,000 150,000 175,000 200,000 200,000 200,000 200,000 200,000 200,000 Additional Transfer to Capital Equipment 570,076 632,440 460,830 505,675 125,500 118,500 490,500 76,000 0 0 0 0 0 0 0 0 0 0 TOTAL EXPENDITURES 5,601,009 5,764,919 5,834,498 6,189,925 5,944,637 6,155,260 6,411,569 6,804,537 7,076,653 7,739,931 7,629,408 REVENUE OVER (UNDER) EXPENSES (124,000) 17,433 18,139 18,874 (0) 0 0 22,122 23,018 23,951 24,920 BEGINNING FUND BALANCE 3,915,326 3,791,326 3,808,759 3,826,898 3,845,772 3,845,772 3,845,772 3,845,773 3,867,894 3,890,912 3,914,862 ENDING FUND BALANCE 3,791,326 3,808,759 3,826,898 3,845,772 3,845,772 3,845,772 3,845,773 3,867,894 3,890,912 3,914,862 3,939,783 ProjectedAdditional reserves would be accumulating to assist with future equipment expenses, thus eliminating the need to borrow or bond. This will grow our fund balances to maintain reserve levels to achieve favorable bond ratings. This will also show greater transparency as it will show what the reserves will be used for. Rating agencies like to see what reserves are used for and that they are not being used to balance the operating budget. Revenue Inflation Rate 2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00% Expenses Inflation Rate 4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00% 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Budget GENERAL FUND OPERATING TAX LEVY 2,973,905 3,239,137 3,268,509 3,582,939 3,276,211 3,443,417 3,655,441 4,025,358 4,252,295 4,869,510 5,500,376 ANNUAL INCREASE 24.8%8.9%0.9%9.6%-8.6%5.1%6.2%10.1%5.6%14.5%13.0% TOTAL OTHER GENERAL LEVIES 0 0 0 0 0 0 0 0 0 0 0 EXISTING DEBT SERVICE LEVIES 1,215,932 1,215,932 1,158,723 1,022,051 1,025,432 937,558 834,293 706,568 711,996 486,825 179,314 TOTAL EXISTING TAX LEVIES 4,189,837 4,455,069 4,427,232 4,604,990 4,301,643 4,380,975 4,489,734 4,731,926 4,964,291 5,356,335 5,679,690 TOTAL NEW ADDITIONS TO TAX LEVY 0 100,000 513,915 744,035 1,545,858 2,032,143 2,307,861 2,461,418 2,613,306 2,615,181 2,696,301 GROSS LEVY TO TAXPAYERS 4,189,837 4,555,069 4,941,147 5,349,025 5,847,501 6,413,118 6,797,595 7,193,343 7,577,597 7,971,516 8,375,991 FISCAL DISPARITIES -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 NET LEVY TO TAXPAYERS 3,990,616 4,355,848 4,741,926 5,149,804 5,648,280 6,213,897 6,598,374 6,994,122 7,378,376 7,772,295 8,176,770 EXISTING TAX BASE 17,424,380 17,685,746 18,925,404 20,198,273 21,505,069 22,846,525 24,223,386 25,636,412 27,086,379 28,574,077 30,100,311 NEW CONSTRUCTION TAX CAP (from lines 86-89)0 959,973 974,372 988,988 1,003,822 1,018,880 1,034,163 1,049,675 1,065,421 1,081,402 1,097,623 TOTAL TAX CAPACITY 17,424,380 18,645,718 19,899,776 21,187,260 22,508,892 23,865,405 25,257,549 26,686,088 28,151,800 29,655,479 31,197,934 TAX RATE ON TAX CAPACITY 22.902%23.361%23.829%24.306%25.094%26.037%26.124%26.209%26.209%26.209%26.209% TAX RATE % CHANGE 2.05%2.00%2.00%2.00%3.24%3.76%0.33%0.33%0.00%0.00%0.00% Existing $382,800 home Market Value (inflated by line 81)396,964 402,918 408,962 415,096 421,323 427,643 434,057 440,568 447,177 453,884 460,692 City Taxes (with inflation on value)906 939 973 1,009 1,061 1,117 1,138 1,155 1,172 1,190 1,207 Percentage City tax increase in home ($382,800 inflated f 6.21%3.65%3.68%3.65%5.15%5.29%1.85%1.50%1.50%1.50%1.50% Existing Tax Base Inflation 3.7%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5% Total Tax Base Increase 13.4%7.0%6.7%6.5%6.2%6.0%5.8%5.7%5.5%5.3%5.2% % from New Growth 9.7%5.5%5.2%5.0%4.7%4.5%4.3%4.2%4.0%3.8%3.7% New tax capacity assumptions Residential units completed in beginning of year 250 250 250 250 250 250 250 250 250 250 250 New home average value ($383,989 in 2018 inflated)383,989 389,749 395,595 401,529 407,552 413,665 419,870 426,168 432,561 439,049 445,635 Commercial - New construction (15,000 s.f./year)0 0 0 0 0 0 0 0 0 0 0 New Home Value Construction Inflation 1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5% Percentage of Tax Levy for Debt 30.47%30.21%35.27%33.09%44.38%46.71%45.47%43.19%42.99%37.86%33.14% Projected Costs of the new City Hall and Fire Station are minimized to current properties 5. The chart below gives an illustration on taxes paid by average home values with the proposed budget: Real City Taxes Paid by Average Homes 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Taxes Paid-City Only Market value 150,000 155,550 157,883 160,251 162,655 165,095 167,571 170,085 172,636 175,226 177,854 180,522 Market Value Exclusion 23,740 23,241 23,031 22,817 22,601 22,381 22,159 21,932 21,703 21,470 21,233 20,993 Taxable Market Value 126,260 132,309 134,852 137,434 140,054 142,714 145,412 148,153 150,933 153,756 156,621 159,529 Tax capacity 1,263 1,323 1,349 1,374 1,401 1,427 1,454 1,482 1,509 1,538 1,566 1,595 Property taxes $283.44 $302.99 $315.14 $327.41 $340.53 $359.33 $379.83 $388.42 $395.49 $403.09 $410.43 $418.03 Market value 200,000 207,400 210,511 213,669 216,874 220,127 223,429 226,780 230,182 233,635 237,140 240,697 Market Value Exclusion 19,240 18,574 18,294 18,010 17,721 17,429 17,131 16,830 16,524 16,213 15,897 15,577 Taxable Market Value 180,760 188,826 192,217 195,659 199,153 202,698 206,298 209,950 213,658 217,422 221,243 225,120 Tax capacity 1,808 1,888 1,922 1,957 1,992 2,027 2,063 2,100 2,137 2,174 2,212 2,251 Property taxes $405.75 $432.39 $449.00 $466.33 $484.18 $510.42 $538.92 $550.39 $560.09 $569.78 $579.74 $589.96 Market value 382,800 396,964 402,918 408,962 415,096 421,322 427,642 434,057 440,568 447,177 453,885 460,693 Market Value Exclusion 2,788 1,513 977 433 - - - - - - - - Taxable Market Value 380,012 395,451 401,941 408,529 415,096 421,322 427,642 434,057 440,568 447,177 453,885 460,693 Tax capacity 3,800 3,955 4,019 4,085 4,151 4,213 4,276 4,341 4,406 4,472 4,539 4,607 Property taxes $852.80 $905.77 $938.88 $973.41 $1,008.94 $1,060.88 $1,117.02 $1,137.73 $1,154.77 $1,172.07 $1,189.63 $1,207.45 Market value 500,000 518,500 526,278 534,172 542,185 550,318 558,573 566,952 575,456 584,088 592,849 601,742 Market Value Exclusion - - - - - - - - - - - - Taxable Market Value 500,000 518,500 526,278 534,172 542,185 550,318 558,573 566,952 575,456 584,088 592,849 601,742 Tax capacity 5,000 5,231 5,328 5,427 5,527 5,629 5,732 5,837 5,943 6,051 6,161 6,272 Property taxes $1,122.10 $1,198.00 $1,244.67 $1,293.20 $1,343.39 $1,417.44 $1,497.37 $1,529.82 $1,557.60 $1,585.91 $1,614.74 $1,643.83 Tax Rate 22.44200%22.90200%23.36100%23.82900%24.30600%25.18100%26.12300%26.20900%26.20900%26.20900%26.20900%26.20900% 6. Since the City is in an expansion phase, traditional budgeting using inflation factors does not always capture what is really happening and the future effect of decisions made in one year over time. As you can see from the illustration below, using a budget process of only looking at the current year without looking to the future did not capture the increased revenues from the growth in the market value in the City. It lowered the taxes of existing homes and did not build reserves to pay for future costs. This results in fluctuations in the tax rate and taxes over time. Revenue Inflation Rate 2.00%2.00% Expenses Inflation Rate 4.00%4.00% ** 2014 2015 2016 2017 2018 2019 Actual Actual Actual Actual Budget Budget GENERAL FUND OPERATING TAX LEVY 2,421,588 2,421,588 2,190,706 1,818,847 2,382,813 2,973,905 ANNUAL INCREASE 0.0%-9.5%-17.0%31.0%24.8% TOTAL OTHER GENERAL LEVIES 256,957 231,261 256,957 256,957 0 0 EXISTING DEBT SERVICE LEVIES 484,814 484,814 664,541 874,622 1,213,788 1,215,932 TOTAL EXISTING TAX LEVIES 3,163,359 3,137,663 3,112,204 2,950,426 3,596,601 4,189,837 TOTAL NEW ADDITIONS TO TAX LEVY 0 0 0 0 0 0 GROSS LEVY TO TAXPAYERS 3,163,359 3,137,663 3,112,204 2,950,426 3,596,601 4,189,837 FISCAL DISPARITIES -161,313 -187,743 -157,509 -161,272 -149,615 -199,221 NET LEVY TO TAXPAYERS 3,002,046 2,949,920 2,954,695 2,789,154 3,446,986 3,990,616 EXISTING TAX BASE 10,814,010 12,395,813 12,779,339 13,933,542 15,359,350 17,424,380 NEW CONSTRUCTION TAX CAP (from lines 86-89)0 TOTAL TAX CAPACITY 10,814,010 12,395,813 12,779,339 13,933,542 15,359,350 17,424,380 TAX RATE ON TAX CAPACITY 27.761%23.798%23.121%20.018%22.442%22.902% TAX RATE % CHANGE -14.28%-2.84%-13.42%12.11%2.05% Existing $382,800 home Market Value (inflated by line 81)325,900 364,700 364,700 369,100 382,800 396,964 City Taxes (with inflation on value)883 857 833 731 853 906 Percentage City tax increase in home ($382,800 inflated from 2017)-2.87%-2.84%-12.27%16.68%6.21% Existing Tax Base Inflation -0.6%11.9%0.0%2.1%1.2%3.7% Total Tax Base Increase 0.8%14.6%3.1%9.0%10.2%13.4% % from New Growth 1.4%2.7%3.1%6.9%9.0%9.7% New tax capacity assumptions Residential units completed in beginning of year 0 250 New home average value ($383,989 in 2018 inflated)0 383,989 Commercial - New construction (15,000 s.f./year)0 New Home Value Construction Inflation 0.0%1.5% Percentage of Tax Levy for Debt 16.15%16.43%22.49%31.36%35.21%30.47% As shown below, if the City would have had this tool in 2015 and had looked at keeping the tax rate flat, it would have resulted in a $190 tax increase on the median valued home between 2014-2019, $117 of this coming from the market value increase in 2015 of 11.9% (all increases would have been a result of market value increases and the loss of the market value exclusion as the value rose). None of the increase would have been from a City tax increase. A total of $3,827,252 in additional reserves could have been collected to reduce the amount of debt or borrowing. For example, the 2018A G.O. Equipment Certificates were $940,000 with a debt levy shown on the left. Based on this schedule, if we were to use $125,000 and add it to this year’s debt levy, it would increase the tax rate to 5.25%, or increase it by 3.20%. This illustrates the effect of debt issuance on the tax rate. Using a Financial Management Model to look at future forecasting, this can help show that developing a policy on a steady or moderate increases in the tax rate can help build reserves and reduce the amount of borrowing in the future. Revenue Inflation Rate 2.00%2.00% Expenses Inflation Rate 4.00%4.00% ** 2014 2015 2016 2017 2018 2019 Actual Actual Actual Actual Budget Budget GENERAL FUND OPERATING TAX LEVY 2,421,588 2,912,838 2,783,706 2,897,847 3,199,813 3,820,905 ANNUAL INCREASE 20.3%-4.4%4.1%10.4%19.4% TOTAL OTHER GENERAL LEVIES 256,957 231,261 256,957 256,957 0 0 EXISTING DEBT SERVICE LEVIES 484,814 484,814 664,541 874,622 1,213,788 1,215,932 TOTAL EXISTING TAX LEVIES 3,163,359 3,628,913 3,705,204 4,029,426 4,413,601 5,036,837 TOTAL NEW ADDITIONS TO TAX LEVY 0 0 0 0 0 0 GROSS LEVY TO TAXPAYERS 3,163,359 3,628,913 3,705,204 4,029,426 4,413,601 5,036,837 FISCAL DISPARITIES -161,313 -187,743 -157,509 -161,272 -149,615 -199,221 NET LEVY TO TAXPAYERS 3,002,046 3,441,170 3,547,695 3,868,154 4,263,986 4,837,616 EXISTING TAX BASE 10,814,010 12,395,813 12,779,339 13,933,542 15,359,350 17,424,380 NEW CONSTRUCTION TAX CAP (from lines 86-89)0 TOTAL TAX CAPACITY 10,814,010 12,395,813 12,779,339 13,933,542 15,359,350 17,424,380 TAX RATE ON TAX CAPACITY 27.761%27.761%27.761%27.761%27.762%27.763% TAX RATE % CHANGE 0.00%0.00%0.00%0.00%0.00% Existing $382,800 home Market Value (inflated by line 81)325,900 364,700 364,700 369,100 382,800 396,964 City Taxes (with inflation on value)883 1,000 1,000 1,014 1,055 1,098 Percentage City tax increase in home ($382,800 inflated from 2017)13.30%0.00%1.33%4.08%4.08% Existing Tax Base Inflation -0.6%11.9%0.0%2.1%1.2%3.7% Total Tax Base Increase 0.8%14.6%3.1%9.0%10.2%13.4% % from New Growth 1.4%2.7%3.1%6.9%9.0%9.7% New tax capacity assumptions Residential units completed in beginning of year 0 250 New home average value ($383,989 in 2018 inflated)0 383,989 Commercial - New construction (15,000 s.f./year)0 New Home Value Construction Inflation 0.0%1.5% Percentage of Tax Levy for Debt 16.15%14.09%18.73%22.61%28.47%25.13% Year Tax Levy 2019 - 2020 128,996 2021 123,848 2022 126,404 2023 123,569 2024 125,984 2025 128,258 2026 125,139 2027 127,271 2028 124,010 Tax Levy Schedule 2018A GO Equip Cert Revenue Inflation Rate 2.00%2.00% Expenses Inflation Rate 4.00%4.00% 2018 2019 Budget Budget GENERAL FUND OPERATING TAX LEVY 2,382,813 2,973,905 ANNUAL INCREASE 31.0%24.8% TOTAL OTHER GENERAL LEVIES 0 0 EXISTING DEBT SERVICE LEVIES 1,213,788 1,215,932 TOTAL EXISTING TAX LEVIES 3,596,601 4,189,837 TOTAL NEW ADDITIONS TO TAX LEVY 0 125,000 GROSS LEVY TO TAXPAYERS 3,596,601 4,314,837 FISCAL DISPARITIES -149,615 -199,221 NET LEVY TO TAXPAYERS 3,446,986 4,115,616 EXISTING TAX BASE 15,359,350 17,424,380 NEW CONSTRUCTION TAX CAP (from lines 86-89)0 TOTAL TAX CAPACITY 15,359,350 17,424,380 TAX RATE ON TAX CAPACITY 22.442%23.620% TAX RATE % CHANGE 12.11%5.25% Existing $382,800 home Market Value (inflated by line 81)382,800 396,964 City Taxes (with inflation on value)853 906 Percentage City tax increase in home ($382,800 inflated f 16.68%6.21% Existing Tax Base Inflation 1.2%3.7% Total Tax Base Increase 10.2%13.4% % from New Growth 9.0%9.7% New tax capacity assumptions Residential units completed in beginning of year 0 250 New home average value ($383,989 in 2018 inflated)0 383,989 Commercial - New construction (15,000 s.f./year)0 New Home Value Construction Inflation 0.0%1.5% Percentage of Tax Levy for Debt 35.21%32.58% Effect of additional debt levy 7. In looking at the tax rate in 2014 of 27.761% the forecast shows that the tax rate thru 2029, even with the proposed increase of 2% for 2019 - 2022 and the City Hall/Fire Station will still not be at the 2014 level. The City continues to compare favorably to other cities and taxing jurisdictions in Washington County when looking at 2018 tax rates. 8. As these forecasts are high level indications of what is planned at this point, they will constantly be monitored and changes based on decisions and economic factors as they occur. They are meant to provide a look into the future to better assist in making decisions and policy based on our long-range plans. Out years after 2024 will need refining to help build reserve funds to pay for maintaining infrastructure and repairs and minimize the need for bonding as once development slows, the City will need to have reserves for these purposes. FISCAL IMPACT: The proposed budgets and tax levy will help support necessary city services to be provided in 2019. In addition, consideration of the impact of the decisions made today will help the City plan for the future with the goal of sound fiscal management. OPTIONS: 1) Approve the 2019 General Fund and EDA Budgets and authorize the 2019 Final Property Tax Levy. 2) Amend and then approve the 2019 General Fund and EDA Budgets and authorize the 2019 Final Property Tax Levy. RECOMMENTAION: 1) Motion to adopt Resolution No. 2018-136 Adopting the 2018 Tax Levy Collectible in 2019 and Adopting the 2019 General Fund and EDA Budgets. ATTACHMENTS: • 2019 Proposed General Fund Budget Worksheets • 2019 Proposed EDA Budget Worksheet • Draft Long-Range Financial Management Plan • Resolution No. 2018-136 Adopting the 2018 Tax Levy Collectible in 2019 and Adopting the 2018 General Fund and EDA Budgets. Washington County Tax Rates Rank Taxing Authority 2018 1 Landfall 80.743 2 Hastings 60.964 3 Newport 58.736 4 Marine 55.060 5 Oak Park Heights 54.462 6 Stillwater 53.790 7 Willernie 49.748 8 Lake St. Croix Beach 47.497 9 St. Paul Park 42.591 10 Forest Lake 41.871 11 Cottage Grove 40.583 12 Oakdale 38.544 13 Lakeland 36.540 14 Hugo 36.330 15 Bayport 36.017 16 Scandia 35.058 17 Mahtomedi 33.972 18 Woodbury 33.670 19 Afton 32.255 20 Birchwood 24.904 21 Lakeland Shores 24.653 22 St. Mary's Point 22.517 23 Lake Elmo 22.442 24 Grey Cloud Island 21.834 25 Stillwater Township 21.759 26 White Bear Lake 19.058 27 Dellwood 14.614 28 Grant 13.907 29 Baytown Township 13.730 30 Denmark Township 11.063 31 May Township 10.832 32 Pine Springs 8.730 33 West Lakeland Township 8.157 CITY OF LAKE ELMO WASHINGTON COUNTY STATE OF MINNESOTA RESOLUTION NO. 2018-136 RESOLUTION ADOPTING THE 2018 TAX LEVY COLLECTIBLE IN 2019 AND ADOPTING THE 2018 GENERAL FUND AND EDA BUDGETS WHEREAS, The City of Lake Elmo is required by State law to approve a resolution setting forth an annual property tax levy to the Washington County Auditor; and WHEREAS, Minnesota Statutes currently in force require approval of a property tax levy and a budget in December of each year; and WHEREAS, the City Council has received the budget documents; NOW THEREFORE BE IT RESOLVED by the City Council of the City of Lake Elmo, that the 2019 General Fund Budget shall be as follows: 2019 Adopted General Fund Revenues: Property Taxes $2,382,813 Licenses and Permit 994,400 Intergovernmental 205,896 Charges for Services 611,595 Fines and Forfeits 49,000 Interest on Investments 40,000 Miscellaneous 387,030 Total General Fund Revenues $4,670,734 General Fund Expenditures: Personnel $2,017,290 Materials and Supplies 743,015 Charges and Services 1,705,988 Capital Outlay 194,000 Miscellaneous 10,441 Total General Fund Expenditures $4,670,734 And the 2019 EDA Budget shall be as follows: 2019 Adopted EDA Revenues: Tenant Rents $108,852 Transfers 30,000 Total EDA Revenues $138,852 EDA Expenditures: Materials and Supplies $5,100 Charges and Services 56,305 Miscellaneous 1,000 Debt Payments and Fiscal Fees 44,038 Total EDA Expenditures $106,443 BE IT FURTHER RESOLVED that the Public Hearing was held on Tuesday December 4, 2018 at 7:00 p.m.; and BE IT FURTHER RESOLVED that the City Council of the City of Lake Elmo, Washington County, Minnesota, that the following sums of money be levied in 2018, for collection in 2019 upon the taxable property in said City of Lake Elmo for the following purposes: FINAL TAX CAPACITY BASED TAX LEVY LEVY General Fund $2,973,905 G.O. Imp. Bonds - Series 2009B 43,580 G.O. Imp. Bonds - Series 2010A 59,356 G.O. Cap. Imp. Xover Ref. Bonds - Series 2010B 205,989 G.O. Imp. Bonds - Series 2011A 76,719 G.O. Imp. Bonds - Series 2012B 65,275 G.O. Imp. Bonds - Series 2014A 203,885 G.O. Imp. Bonds - Series 2015A 25,113 G.O. Imp. Bonds - Series 2016A 189,419 G.O. Imp. Bonds - Series 2017A 346,598 TOTAL LEVY:$4,189,837 And BE IT FURTHER RESOLVED that the Finance Director is hereby authorized and directed to transmit this information to the County Auditor of Washington County, Minnesota and the Minnesota Department of Revenue, if applicable, in the format requested as required by law. ADOPTED, by the Lake Elmo City Council on the 4th day of December, 2018. ______________________________ Mike Pearson Mayor ATTEST: __________________________________ Julie Johnson City Clerk CITY OF LAKE ELMO 2019 PROPOSED BUDGET SUMMARY General Fund 1 Adopted 2018 to Dollar Change 2018 2019 Proposed 2019 2018 Adopt to Account Number Description Adopted Proposed Percent Change 2019 Proposed Comments General Fund Revenues: Total Taxes 2,382,813$ 3,203,626$ 34.45%820,813$ Property tax $771,207, Fiscal Disparities $49,606 Total Licenses and Permits 994,400$ 1,056,900$ 6.29%62,500$ Incr. in various permits, Fireplace, Siding, Roofing Total Intergovernmental 238,026$ 267,835$ 12.52%29,809$ Incr. in Fire Aid and MSA Maintenance from State Total Charges for Services 611,595$ 626,600$ 2.45%15,005$ Planning and Zoning Fees Total Fines and Forfeits 49,000$ 49,000$ 0.00%-$ Total Investment Earnings 40,000$ 40,000$ 0.00%-$ Total Miscellaneous 160,900$ 233,048$ 44.84%72,148$ Incr. in Cable Franchise Rev. plus 2 new leases Total General Fund Revenues:4,476,734$ 5,477,009$ 22.34%1,000,275$ General Fund Expenditures: 1110 Mayor & Council Total Personnel 27,854$ 27,893$ 0.14%39$ Total Materials and Supplies 330$ 3,526$ 968.48%3,196$ $2,000 Council laptops (2), $1,101 Email Support Total Charges and Services 20,220$ 20,800$ 2.87%580$ 1110 Total Mayor & Council 48,404$ 52,219$ 7.88%3,815$ 1320 Administration Total Personnel 294,732$ 298,725$ 1.35%3,993$ Allocation Change for Deputy Clerk Total Materials and Supplies 5,385$ 4,350$ -19.22%(1,035)$ Total Charges and Services 218,020$ 241,351$ 10.70%23,331$ Assessing Services Incr. $28,150, Legal Services decr. $10,000, Codification $5,000 Total Miscellaneous 600$ 1,791$ 198.50%1,191$ 1320 Total Administration 518,737$ 546,217$ 5.30%27,480$ 1410 Elections Total Personnel 7,500$ -$ -100.00%(7,500)$ No Election in 2019 Total Charges and Services 1,660$ 1,660$ 0.00%-$ Total Capital Outlay -$ -$ #DIV/0!-$ Total Miscellaneous 1,000$ -$ -100.00%(1,000)$ No Election in 2019 1410 Total Elections 10,160$ 1,660$ -83.66%(8,500)$ 1450 Communications Total Personnel 40,620$ 43,191$ 6.33%2,571$ Total Charges and Services 46,500$ 11,785$ -74.66%(34,715)$ Allocation change - now IT Costs allocated to each department based on use 1450 Total Communications 87,120$ 54,976$ -36.90%(32,144)$ 1520 Finance CITY OF LAKE ELMO 2019 PROPOSED BUDGET SUMMARY General Fund 2 Adopted 2018 to Dollar Change 2018 2019 Proposed 2019 2018 Adopt to Account Number Description Adopted Proposed Percent Change 2019 Proposed Comments Total Personnel 33,624$ 135,771$ 303.79%102,147$ Hired new Finance Director Total Materials and Supplies 975$ 1,175$ 20.51%200$ Total Charges and Services 160,383$ 24,802$ -84.54%(135,581)$ Contract Service reduced due to hire of Finance Director Total Miscellaneous 1,625$ 5,000$ 207.69%3,375$ 1520 Total Finance 196,607$ 166,748$ -15.19%(29,859)$ 1910 Planning & Zoning Total Personnel 203,930$ 211,365$ 3.65%7,435$ Salary incr. and Insurance Incr. Total Materials and Supplies 800$ 500$ -37.50%(300)$ Total Charges and Services 66,640$ 39,215$ -41.15%(27,425)$ Comprehensive Plan Total Miscellaneous 200$ 200$ 0.00%-$ 1910 Total Planning & Zoning 271,570$ 251,280$ -7.47%(20,290)$ 1930 Engineering Services Total Charges and Services 36,216$ 74,000$ 104.33%37,784$ Capital Outlay for Keats Ave Turn Lane 1930 Total Engineering Services 36,216$ 74,000$ 104.33%37,784$ 1940 City Hall Total Materials and Supplies 800$ 800$ 0.00%-$ Total Charges and Services 66,337$ 64,839$ -2.26%(1,498)$ Reduction in costs but added IT charges for City Hall previously in Communications Total Miscellaneous 1,016$ 1,800$ 77.17%784$ 1940 Total City Hall 68,153$ 67,439$ -1.05%(714)$ 2100 Police Total Charges and Services 665,675$ 702,768$ 5.57%37,093$ Per Washington County 2100 Total Police 665,675$ 702,768$ 5.57%37,093$ 2150 Prosecution Total Charges and Services 44,996$ 45,792$ 1.77%796$ 2150 Total Prosecution 44,996$ 45,792$ 1.77%796$ 2220 Fire Total Personnel 401,803$ 432,285$ 7.59%30,482$ Wage Incr, POC pay rate change, retirement, workers comp Total Materials and Supplies 35,375$ 37,925$ 7.21%2,550$ 2 AEDs Total Charges and Services 131,265$ 169,222$ 28.92%37,957$ IT costs now charged here - previously in Communications, 5 new computers - replacement, replace 2 portable radios Total Capital Outlay -$ 9,438$ #DIV/0!9,438$ Transfer to Vehicle Replacement Fund Total Miscellaneous 2,000$ 2,000$ 0.00%-$ 2220 Total Fire 570,443$ 650,870$ 14.10%80,427$ CITY OF LAKE ELMO 2019 PROPOSED BUDGET SUMMARY General Fund 3 Adopted 2018 to Dollar Change 2018 2019 Proposed 2019 2018 Adopt to Account Number Description Adopted Proposed Percent Change 2019 Proposed Comments 2250 Fire Relief Total Charges and Services 47,000$ 60,000$ 27.66%13,000$ Pass Thru based on revenue received from State 2250 Total Fire Relief 47,000$ 60,000$ 27.66%13,000$ 2400 Building Inspection Total Personnel 369,228$ 343,962$ -6.84%(25,266)$ Replaced Full-time positions budgeted in 2018 (not filled) with a Part-Time position Total Materials and Supplies 5,700$ 5,700$ 0.00%-$ Total Charges and Services 19,570$ 30,245$ 54.55%10,675$ IT charges now charged here - previously in Communications, Replace 3 computer desktops Total Capital Outlay 24,000$ 24,000$ 0.00%-$ Total Miscellaneous 1,000$ 1,000$ 0.00%-$ 2400 Total Building Inspection 419,498$ 404,907$ -3.48%(14,591)$ 2500 Emergency Communications Total Charges and Services 1,780$ 1,780$ 0.00%-$ 2500 Total Emergency Communications 1,780$ 1,780$ 0.00%-$ 2700 Animal Control Total Charges and Services 7,725$ 9,000$ 16.50%1,275$ 2700 Total Animal Control 7,725$ 9,000$ 16.50%1,275$ 3100 Streets Total Personnel 467,620$ 452,242$ -3.29%(15,378)$ Allocation changes and 1 additional worker Total Materials and Supplies 154,850$ 166,600$ 7.59%11,750$ $10,000 Forlift Total Charges and Services 631,500$ 798,292$ 26.41%166,792$ Lake Elmo Ave Phase 3, Discover Bridge Crossing Street Maintenance Total Capital Outlay 145,000$ 50,745$ -65.00%(94,255)$ Transfer to Vehicle Replacement Fund $50,745, ($145,000) decr. From purchases in 2018 Total Miscellaneous 1,800$ 1,000$ -44.44%(800)$ 3100 Total Streets 1,400,770$ 1,468,879$ 4.86%68,109$ 5200 Parks & Recreation Total Personnel 170,380$ 223,775$ 31.34%53,395$ Allocation changes and 1 additional worker Total Materials and Supplies 13,800$ 18,300$ 32.61%4,500$ Fuel, Oil, and Fluids now being spread across all PW & Utility Dept. Total Charges and Services 65,500$ 142,860$ 118.11%77,360$ Contracted Services for Sunfish Mgmt (GRG) $10,000 and Mowing $58,000 Total Capital Outlay 25,000$ 14,817$ -40.73%(10,183)$ $14,817 Transfer to Vehicle Replacement Fund, ($15,000) decr. In capital outlay from 2018 Total Miscellaneous 1,200$ 1,000$ -16.67%(200)$ 5200 Total Parks & Recreation 275,880$ 400,752$ 45.26%124,872$ 9000 Transfers CITY OF LAKE ELMO 2019 PROPOSED BUDGET SUMMARY General Fund 4 Adopted 2018 to Dollar Change 2018 2019 Proposed 2019 2018 Adopt to Account Number Description Adopted Proposed Percent Change 2019 Proposed Comments Total Transfers -$ 637,935$ #DIV/0!637,935$ $100,000 use of fund balance transferred to Vehicle Replacement Fund per CIP, $470,076 transfer to Vehicle Replacement Fund from 2019 Budget, $47,766 transfer to debt service for 2018 and 2019 as a result of the Old Village 3 assessments being reduced, and $20,093 for interest payment for Equipment Certificates issued in 2018. 9000 Total Transfers -$ 637,935$ #DIV/0!637,935$ 9000 Contingency Reserve Contingency Total Contingency Reserve - 3,788 #DIV/0!3,788$ Reserve for increases that might occur that are currently unknown, Union insurance will not be known until March. Total Contingency -$ 3,788$ #DIV/0!3,788$ 9000 Total Contingency Reserve -$ 3,788$ #DIV/0!3,788$ Total General Fund Expenditures:4,670,734$ 5,601,009$ 19.92%930,275$ Total Gen Fund Revs. Over/(Under) Expenditures:(194,000)$ (124,000)$ -36.08% Use of Fund Balance Budgeted, $100,000 to start Vehicle Replacement Fund, $24,000 Building Insp Vehicle not replaced in 2018 but budgeted - moved to 2019 Totals by Category Personnel 2,017,291$ 2,169,209$ 7.53%151,918$ Incr. in wages and adjusted for new insurance premium cost. I additional employee PW and 3 additional PT Fire Materials and Supplies 218,015$ 238,876$ 9.57%20,861 $10,00 Forklift, $4,500 Fuel Oil & Fluids, $2,550 2 AEDs, $3,101 Council Computer/IT charges Charges and Services 2,230,987$ 2,438,410$ 9.30%207,423 Sunfish Mgmt (GRG), Lake Elmo Ave Phase 3, Discover Bridge Crossing, Assessing Services, Family Means Capital Outlay 194,000$ 99,000$ -48.97%(95,000) $24,000 Building Insp Vehicle Budgeted in 2018 - not purchased - moved to 2019, 75,000 budgeted to transfer to Vehicle Replacement Fund per CIP Miscellaneous 10,441$ 13,791$ 32.09%3,350 $3,375 charges in Finance not previously budgeted but charged (bank fees, wire transfer fees, account fees) Transfers -$ 637,935$ #DIV/0!637,935 $100,000 use of fund balance transferred to Vehicle Replacement Fund per CIP, $435,076 transfer to Vehicle Replacement Fund from 2019 Budget Contingency Reserve -$ 3,788$ #DIV/0!3,788 Reserve for possible law changes which may impact health insurance rates for 2019. TOTALS:4,670,734$ 5,601,009$ 19.92%930,275$ Total by Function General Government 1,236,967$ 1,218,326$ -1.51%(18,641)$ Public Safety 1,733,117$ 1,841,679$ 6.26%108,562$ Public Works 1,255,770$ 1,418,134$ 12.93%162,364$ Culture & Recreation 250,880$ 385,935$ 53.83%135,055$ CITY OF LAKE ELMO 2019 PROPOSED BUDGET SUMMARY General Fund 5 Adopted 2018 to Dollar Change 2018 2019 Proposed 2019 2018 Adopt to Account Number Description Adopted Proposed Percent Change 2019 Proposed Comments Capital Outlay 194,000$ 99,000$ -48.97%(95,000)$ Transfers -$ 637,935$ #DIV/0!637,935$ Total 4,670,734$ 5,601,009$ 19.92%930,275$ CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 6 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments General Fund Revenues: Taxes 101-410-1320-31010 Current Ad Valorem Taxes 2,019,331$ 1,643,358$ 2,202,698$ 1,347,588$ 2,382,813$ 2,973,905$ 35.01% 101-410-1320-31020 Delinquent Ad Valorem Taxes 13,546 18,313 15,000 13,864 15,000 15,000 0.00% 101-410-1320-31030 Mobile Home Tax 14,366 17,547 15,000 15,000 15,000 0.00% 101-410-1320-31030 Delinquent Mobile Home Tax 3,145 #DIV/0! 101-410-1320-31040 Fiscal Disparities 157,096 159,325 149,615 98,957 193,117 199,221 33.16% 101-410-1320-31045 Delinquent Fiscal Disparities #DIV/0! 101-410-1320-31050 Tax Abatement #DIV/0! 101-410-1320-31910 Penalty & Interest on Taxes 185 2,400 500 754 500 500 0.00% 101-410-1320-31920 Forfeited Tax Sale Apportionment - 269 #DIV/0! Total Taxes 2,204,524$ 1,841,212$ 2,382,813$ 1,464,308$ 2,606,430$ 3,203,626$ 34.45% Licenses and Permits 101-410-1320-32110 Liquor License 7,025 8,300 8,300 200 8,300 8,300 0.00% 101-410-1320-32180 Wastehauler License 1,560 1,000 1,000 1,000 0.00% 101-410-1320-32181 General Contractor License 150 50 - #DIV/0! 101-410-1320-32183 Heating Contractor License 3,450 900 - #DIV/0! 101-410-1320-32184 Blacktopping Contractor License 300 #DIV/0! 101-420-2400-32210 Building Permits 902,690 1,146,350 800,000 818,608 787,714 800,000 0.00% 101-410-1910-32211 Driveway Permits 10,190 19,390 17,500 14,720 17,460 15,000 -14.29% 101-420-2400-32212 Fireplace Permits 1,740 16,320 16,000 #DIV/0! 101-420-2400-32220 Heating Permits 128,558 135,814 60,000 65,258 58,718 60,000 0.00% 101-420-2400-32230 Plumbing Permits 92,752 107,948 60,000 64,661 57,084 60,000 0.00% 101-420-2400-32232 Pool Permits 150 900 1,000 #DIV/0! 101-420-2400-32213 Siding Permits 14,927 12,500 #DIV/0! 101-420-2400-32214 Roof Permits 60,022 50,000 #DIV/0! 101-410-1320-32240 Animal License 1,900 1,875 2,000 1,325 1,500 - -100.00%Discontinue in 2019 101-420-2400-32250 Utility Permits 60,234 43,393 33,000 44,520 26,880 27,000 -18.18% 101-420-2220-32260 Burning Permit 2,035 1,575 2,500 1,595 2,000 2,000 -20.00% 101-410-1320-32270 Massage Therapy Licenses 75 100 100 200 200 100 0.00% 101-420-2400-32275 Fire Suppression Permits - 8,500 500 1,300 2,500 -70.59% 101-420-2400-32278 Fire Permit Plan Check Fee 12,273 1,500 851 1,500 1,500 0.00% 101-420-2400-32282 Miscellaneous Permits - - - 3,815 - - #DIV/0! Total Licenses and Permits 1,210,619$ 1,477,918$ 994,400$ 1,018,493$ 1,055,825$ 1,056,900$ 6.29% Intergovernmental 101-410-1320-33418 MSA - Maintenance 123,433 122,883 135,561 144,502 144,502 151,727 11.93%From City Engrineer 101-420-2220-33420 State Fire Aid 59,136 61,147 47,000 47,000 60,000 27.66%November receipt 101-410-1320-33422 PERA Aid 2,749 2,749 2,749 1,375 2,749 2,749 0.00%July and December receipt. 101-450-5200-33426 Miscellaneous State Grants 8,367 19,406 4,820 4,820 4,820 0.00%DNR/Sunfish Lake Trail Grooming 101-410-1320-33623 Payment in Lieu of Taxes - 32,130 32,250 32,130 32,773 2.00%ISD 916 Service Fee Due in Dec. - 2% incr./yr. End in 2026 101-410-1320-33521 Recycling Grant 15,688 - 15,766 - - 15,766 0.00%June/July Every other year? Total Intergovernmental 209,373$ 206,185$ 238,026$ 178,127$ 231,201$ 267,835$ 12.52% Charges for Services 101-410-1910-34103 Zoning & Subdivision Fees 33,490 54,956 55,000 79,425 40,000 45,000 -18.18% 101-420-2400-34104 Plan Check Fees 500,965 580,817 525,000 437,857 525,000 525,000 0.00% 101-410-1320-34105 Sale of Copies, Books, Maps 213 27 200 38 200 200 0.00% 101-410-1520-34107 Assessment Searches 4,905 1,140 1,395 870 1,395 1,400 0.36% 101-450-5200-34207 Building Code Surcharges 12 #DIV/0! 101-450-5200-34710 Rent 12 12 #DIV/0! 101-410-1450-34111 Cable Operation Reimbursement 1,600 2,104 5,000 5,000 5,000 5,000 0.00%Offset with Cable Operators charge in Communications 101-420-2400-34112 Planning & Zoning Review Fee 69,524 22,900 25,000 25,000 #DIV/0!$100 every new review charged 101-420-2400-34114 Street Light Fee 4,644 #DIV/0! CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 7 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 101-410-1910-34115 Base Map Upgrading Fee 7,500 #DIV/0! 101-410-1910-36206 Escrow Administration Fee 2,800 30,000 25,000 21,600 25,000 25,000 0.00%$100 every new escrow is charged Total Charges for Services 543,973$ 738,592$ 611,595$ 579,846$ 621,595$ 626,600$ 2.45% Fines and Forfeits 101-410-2100-35100 Fines 49,505 41,418 49,000 34,749 42,000 49,000 0.00%Based on averages Total Fines and Forfeits 49,505$ 41,418$ 49,000$ 34,749$ 42,000$ 49,000$ 0.00% Investment Earnings 101-410-1320-36210 Interest Earnings 20,437 27,665 40,000 - 40,000 40,000 0.00%Incr Int rates and Investing Total Investment Earnings 20,437$ 27,665$ 40,000$ -$ 40,000$ 40,000$ 0.00% Miscellaneous 101-410-1320-31811 Cable Franchise Revenue 98,218 67,178 68,000 81,581 81,581 85,000 25.00%Based on 2018 amounts 101-410-1320-36200 Miscellaneous Revenue 28,205 78,241 29,900 864 29,900 29,900 0.00%misc. accts. Receivable, dev. Fees. 101-410-1910-36236 Conservation Easement Fee 20,000 20,000 #DIV/0! 101-420-2220-36204 Reimbursements - Fire 1,500 9,940 2,552 - - #DIV/0! 101-410-1320-36230 Donations 10,000 17,837 10,000 14,036 10,000 10,000 0.00% 101-410-1320-34120 Tower Rent - 47,084 53,000 46,043 53,000 108,148 104.05%Based on contracts. 3% incr ATT, plus 2 new tower leases Total Miscellaneous 137,923$ 220,280$ 160,900$ 165,076$ 194,481$ 233,048$ 44.84% Total General Fund Revenues:4,376,354$ 4,553,270$ 4,476,734$ 3,440,599$ 4,791,533$ 5,477,009$ 22.34% General Fund Expenditures: 1110 Mayor & Council Personnel 101-410-1110-41030 Part-time Salaries 25,690 25,690 25,690 12,845 25,690 25,690 0.00% 101-410-1110-41220 FICA Contributions 1,593 1,593 1,593 796 1,593 1,593 0.00% 101-410-1110-41230 Medicare Contributions 373 373 373 186 373 373 0.00% 101-410-1110-41510 Workers Compensation - 67 198 237 237 237 19.70% Total Personnel 27,655$ 27,723$ 27,854$ 14,064$ 27,893$ 27,893$ 0.14% Materials and Supplies 101-410-1110-42000 Office Supplies 72 114 30 30 125 316.67%business cards, name tags, etc 101-410-1110-42001 Computer Reimbursement - 1,911 2,000 #DIV/0!potential 2 new members 101-410-1110-43310 Mileage - - 300 - 300 300 0.00% 101-410-1110-43185 IT Support 1,101 #DIV/0!Council Email Support (Roseville) 101-410-1110-42002 IT Hardware #DIV/0! 101-410-1110-43190 Software Programs - - - - - - #DIV/0! Total Materials and Supplies 72$ 2,025$ 330$ -$ 330$ 3,526$ 968.48% Charges and Services 101-410-1110-44300 Miscellaneous 15,691 6,568 6,750 150 6,750 7,000 3.70%$5250 YSB, misc 101-410-1110-44330 Dues & Subscriptions 11,986 16,045 12,470 3,655 12,470 12,800 2.65%$9k LMC, $3,750 MC, $30 MA 101-410-1110-44370 Conferences & Training 520 180 1,000 1,000 1,000 0.00% Total Charges and Services 28,197$ 22,793$ 20,220$ 3,805$ 20,220$ 20,800$ 2.87% 1110 Total Mayor & Council 55,924$ 52,540$ 48,404$ 17,870$ 48,443$ 52,219$ 7.88% 1320 Administration Personnel 101-410-1320-41010 Full-time Salaries 195,150 240,650 217,946 192,309 217,946 222,374 2.03%Allocation Change for 2018 (Deputy Clerk) 101-410-1320-41030 Part-time Salaries - #DIV/0! 101-410-3120-41020 Overtime #DIV/0! CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 8 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 101-410-3120-41040 Temporary Employees 5,613 17,733 #DIV/0!Intern 101-410-1320-41210 PERA Contributions 14,378 18,049 16,346 15,646 16,346 16,678 2.03% 101-410-1320-41220 FICA Contributions 11,823 15,185 13,146 12,212 13,146 17,012 29.41% 101-410-1320-41230 Medicare Contributions 2,765 3,509 3,160 2,856 3,160 -100.00% 101-410-1320-41300 Insurance 28,335 39,840 42,456 17,772 42,456 39,114 -7.87%6% Ins increase 101-410-1320-41325 Life Insurance 138 344 #DIV/0! 101-410-1320-41330 STD/LTD 532 1,198 #DIV/0! 101-410-1320-41420 Unemployment Benefits - #DIV/0! 101-410-1320-41510 Workers Compensation 6,252 818 1,678 2,005 2,005 2,005 19.49% Total Personnel 264,317$ 335,784$ 294,732$ 243,470$ 295,059$ 298,725$ 1.35% Materials and Supplies 101-410-1320-42000 Office Supplies 5,113 4,683 4,500 2,058 4,000 4,250 -5.56% 101-410-1320-42030 Printed Forms 771 84 785 1,039 1,050 100 -87.26%Deposit slips & Receipt books? 101-410-1320-43090 Newsletter/Website - 2,091 100 90 - -100.00%Move all to Communications in 2019 Total Materials and Supplies 5,885$ 6,858$ 5,385$ 3,098$ 5,140$ 4,350$ -19.22% Charges and Services 101-410-1320-43100 Assessing Services 52,049 51,646 53,350 7,983 7,983 81,500 52.76%Wash Co bills June for previous year 101-410-1320-43040 Legal Services 322,842 140,883 100,000 88,165 100,000 90,000 -10.00% 101-410-1320-43150 Contract Services 1,019 15,921 3,000 2,131 3,000 3,100 3.33%Shred it, misc 101-410-1320-43180 Information Technology/Web 470 909 4,500 7,291 13,291 -100.00%created 3 new accounts below 101-410-1320-43185 IT Support 6,682 #DIV/0!Roseville 101-410-1320-42002 IT Hardware 1,500 #DIV/0!One computer at $1000 (laptop) 101-410-1320-43190 Software Programs 2,338 2,601 3,750 2,011 3,750 1,309 -65.09%laser fiche, adobe, etc (Roseville $1309) 101-410-1320-43210 Telephone 1,574 1,585 1,770 967 1,770 2,511 41.86%Roseville $1169, Sprint $741 101-410-1320-43220 Postage 3,741 (87) 4,000 1,157 3,000 3,000 -25.00% 101-410-1320-43310 Mileage 418 832 1,000 494 1,000 1,100 10.00% 101-410-1320-43510 Legal Publishing 8,003 2,655 13,000 1,473 13,000 10,000 -23.08%Recodification 101-410-1320-43610 Insurance 26,121 27,130 29,400 25,565 30,999 35,649 21.26% 2018 Inc due to 2016 lawsuits - corr allocation incr 15% over prev yr 101-410-1320-43152 Cable Operation Expense - - #DIV/0! 101-410-1320-44330 Dues & Subscriptions 1,877 1,227 2,250 1,889 1,890 2,000 -11.11% 101-410-1320-44370 Conferences & Training 844 1,453 2,000 2,637 2,500 3,000 50.00% Total Charges and Services 421,296$ 246,756$ 218,020$ 141,763$ 182,184$ 241,351$ 10.70% Miscellaneous 101-410-1320-44300 Miscellaneous 538 534 600 1,063 1,000 1,791 198.50%inc $ for public service recognition Total Miscellaneous 538$ 534$ 600$ 1,063$ 1,000$ 1,791$ 198.50% 1320 Total Administration 692,035$ 589,932$ 518,737$ 389,394$ 483,383$ 546,217$ 5.30% 1410 Elections Personnel 101-410-1410-41030 Part-time Salaries 7,037 7,500 7,500 - -100.00%No elections in 2019 101-410-1410-41510 Workers Compensation - - - - - - #DIV/0! Total Personnel 7,037$ -$ 7,500$ -$ 7,500$ -$ -100.00% Charges and Services 101-410-1410-43310 Travel Expense 6 101-410-1410-43510 Legal Notices Publishing 20 101-410-1410-43150 Contract Services 1,200 1,660 1,660 1,660 1,660 1,660 0.00%Wash. Cty. charges for elections Total Charges and Services 1,200$ 1,660$ 1,660$ 1,686$ 1,660$ 1,660$ 0.00% Capital Outlay CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 9 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 101-480-8000-45800 Other Equipment 20 - - - - #DIV/0! Total Capital Outlay 20$ -$ -$ -$ -$ -$ #DIV/0! Miscellaneous 101-410-1410-44300 Miscellaneous 835 - 1,000 229 1,000 - -100.00% Total Miscellaneous 835$ -$ 1,000$ 229$ 1,000$ -$ -100.00% 1410 Total Elections 9,092$ 1,660$ 10,160$ 1,915$ 10,160$ 1,660$ -83.66% 1450 Communications Personnel 101-410-1450-41010 Full-time Salaries 7,759 28,434 22,156 28,434 30,800 8.32% 101-410-1450-41030 Part-time Salaries #DIV/0! 101-410-1450-41020 Overtime #DIV/0! 101-410-1450-41040 Temporary Employees #DIV/0!Interns 101-410-1450-41210 PERA Contributions 582 2,133 1,662 2,133 2,310 8.30% 101-410-1450-41220 FICA Contributions 477 1,763 1,390 1,763 2,356 33.64% 101-410-1450-41230 Medicare Contributions 112 412 325 412 -100.00% 101-410-1450-41300 Insurance 933 7,659 1,290 7,659 7,243 -5.43% 101-410-1450-41325 Life Insurance 20 63 #DIV/0! 101-410-1450-41330 STD/LTD 37 157 #DIV/0! #DIV/0! 101-410-1450-41510 Workers Compensation - - 219 262 262 262 19.63% Total Personnel -$ 9,863$ 40,620$ 27,142$ 40,663$ 43,191$ 6.33% Charges and Services 101-410-1450-43090 Newsletter 5,000 2,069 5,000 3,000 -40.00%printing only 101-410-1450-43180 Information Technology/Web 50,580 58,147 35,500 46,524 35,500 1,800 -94.93%$1200 Website, $600 Constant Contact 101-410-1450-43185 IT Support 535 #DIV/0!Roseville 101-410-1450-42002 IT Hardware #DIV/0! 101-410-1450-43190 Software Programs #DIV/0! 101-410-1450-43210 Telephone 308 #DIV/0! 101-410-1450-43220 Postage 1,000 1,419 1,450 45.00%newsletter postage 101-410-1450-43310 Mileage #DIV/0! 101-410-1450-43510 Public Notices #DIV/0! 101-410-1450-43152 Cable Operations 3,955 6,035 5,000 3,815 5,000 5,000 0.00% 101-410-1450-44370 Conferences and Training - 1,314 - - - - #DIV/0! Total Charges and Services 54,843$ 65,496$ 46,500$ 52,408$ 46,919$ 11,785$ -74.66% 1450 Total Communications 54,843$ 75,359$ 87,120$ 79,550$ 87,582$ 54,976$ -36.90% 1520 Finance Personnel 101-410-1520-41010 Full-time Salaries 63,053 68,372 14,665 44,200 68,942 97,334 563.72%2018 & 2017 Hired Full Time Fin Dir 101-410-1520-41030 Part-time Salaries 5,636 #DIV/0! 101-410-1520-41020 Overtime #DIV/0! 101-410-1520-41040 Temporary Employees 12,702 5,874 6,760 6,600 6,760 0.00%Interns 101-410-1520-41210 PERA Contributions 5,281 1,833 1,100 3,315 5,171 7,300 563.64%2018 & 2017 Hired Full Time Fin Dir 101-410-1520-41220 FICA Contributions 4,500 4,461 1,328 2,930 4,274 7,963 499.62%2018 & 2017 Hired Full Time Fin Dir (FT $7446, Intern $517) 101-410-1520-41230 Medicare Contributions 1,052 1,043 311 685 1,000 -100.00%2018 & 2017 Hired Full Time Fin Dir 101-410-1520-41300 Insurance 10,938 7,572 3,831 3,029 12,989 15,211 297.05%2018 & 2017 Hired Full Time Fin Dir 101-410-1520-41325 Life Insurance 42 125 #DIV/0!2018 & 2017 Hired Full Time Fin Dir 101-410-1520-41330 STD/LTD 8 638 #DIV/0!2018 & 2017 Hired Full Time Fin Dir 101-410-1520-41420 Unemployment Benefits 3,220 5,464 - -100.00%16 weeks in 2017 and 10 weeks in 2018 at 80% 101-410-1520-41510 Workers Compensation 204 440 165 244 244 440 166.67% CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 10 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments Total Personnel 97,730$ 92,814$ 33,624$ 60,090$ 99,220$ 135,771$ 303.79% Materials and Supplies 101-410-1520-42000 Office Supplies 338 621 600 1,295 1,500 800 33.33% 101-410-1520-42030 Printed Forms 1,117 - 375 - 375 375 0.00%Checks ordered in Oct. 2016. Total Materials and Supplies 1,456$ 621$ 975$ 1,295$ 1,875$ 1,175$ 20.51% Charges and Services 101-410-1520-43010 Audit Services 29,345 26,575 30,425 29,425 30,425 7,987 -73.75%5% incr. $31,946 split GF, Water, Sewer, SW 101-410-1520-43150 Contract Services 114 187,453 108,150 77,120 77,420 3,000 -97.23%Finance Consultant /CLA was in 2017 and 2018 101-410-1520-43185 IT Support 607 3,779 #DIV/0!Roseville 101-410-1520-42002 IT Hardware 1,600 1,200 #DIV/0!Replace 1 laptop/1 desk 2018, 2 desk 2019 101-410-1520-43190 Software Programs - 6,400 19,433 18,066 19,433 2,752 -85.84% Accela support $2306.5 (slit with W, S, SW $9226)/Banyon/Credit Card Services (0), Roseville $445 101-410-1520-43210 Telephone 427 881 875 387 875 585 -33.14%Roseville IT Phone 101-410-1520-43310 Mileage - - 250 300 500 100.00%Mileage for training and conferences. 101-410-1520-44330 Dues & Subscriptions 170 330 500 1,037 1,500 2,000 300.00% GFOA, MNGFOA, GFOA Program Fees, Select Acct, Ins Prog Fees 101-410-1520-44370 Conferences & Training - 344 750 260 2,000 3,000 300.00% MNGFOA Confr (2 people) and Govt. Acctg. Courses, OSA Training, Public Finance Training, Monthly MnGFOA Mtgs Total Charges and Services 30,056$ 221,983$ 160,383$ 126,902$ 133,553$ 24,802$ -84.54% Miscellaneous 101-410-1520-44300 Miscellaneous 1,627 46,172 1,625 333 5,000 5,000 207.69% Bank Fees, Wire Transfer Fees, Excise Tax, Penalties, County charges, Health Partners, Ind Health Svs Network Total Miscellaneous 1,627$ 46,172$ 1,625$ 333$ 5,000$ 5,000$ 207.69% 1520 Total Finance 130,869$ 361,590$ 196,607$ 188,619$ 239,648$ 166,748$ -15.19% 1910 Planning & Zoning Personnel 101-410-1910-41010 Full-time Salaries 149,034 168,582 146,468 127,759 146,468 148,632 1.48% 101-410-1910-41030 Part-time Salaries 4,626 #DIV/0! 101-410-1910-41020 Overtime #DIV/0! 101-410-1910-41040 Temporary Employees 6,760 5,280 6,760 0.00%Intern 101-410-1910-41210 PERA Contributions 11,211 12,612 10,985 9,588 10,985 11,147 1.47%FT $11147, Intern $0 101-410-1910-41220 FICA Contributions 9,075 9,984 9,500 8,123 9,500 11,887 25.13%FT $11370, Intern $517 101-410-1910-41230 Medicare Contributions 2,122 2,335 2,222 1,900 2,222 -100.00% 101-410-1910-41300 Insurance 23,249 30,840 26,803 2,531 26,803 30,422 13.50% 101-410-1910-41325 Life Insurance 104 288 #DIV/0! 101-410-1910-41330 STD/LTD 352 805 #DIV/0! 101-410-1910-41510 Workers Compensation 415 783 1,192 1,424 1,424 1,424 19.46% Total Personnel 195,106$ 225,136$ 203,930$ 156,407$ 202,682$ 211,365$ 3.65% Materials and Supplies 101-410-1910-42000 Office Supplies 810 336 800 160 500 500 -37.50% 101-410-1910-42030 Printed Forms - - - - - - #DIV/0! Total Materials and Supplies 810$ 336$ 800$ 160$ 500$ 500$ -37.50% Charges and Services 101-410-1910-43020 Comprehensive Planning - 44,058 36,000 50,885 50,942 5,000 -86.11% Comp Plan: $5000 in 2019 left over to use for any last minute changes to Comp Plan from adjacent jurisdictional review for SHC and /or Engr 101-410-1910-43030 Engineering Services 18,688 6,608 15,000 8,938 15,000 15,000 0.00% 101-410-1910-43150 Contract Services 25,133 5,964 10,000 973 5,000 5,500 -45.00%Codification 2020 101-410-1910-43180 Information Technology/Web 406 #DIV/0! CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 11 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 101-410-1910-43185 IT Support 5,505 #DIV/0!Roseville 101-410-1910-42002 IT Hardware 2,000 #DIV/0!$2000 in budget for 2019 for laptops 101-410-1910-43190 Software Programs - 407 100 26 407 1,383 1283.00%ACAD $407, Roseville $976 101-410-1910-43210 Telephone 775 738 1,100 485 750 678 -38.41%Roseville $584.5, Sprint $93 101-410-1910-43220 Postage 6 220 25 79 100 100 300.00% 101-410-1910-43310 Mileage 342 344 300 107 350 350 16.67% 101-410-1910-43510 Legal Publishing - 1,410 500 1,590 1,200 1,400 180.00% 101-410-1910-44330 Dues & Subscriptions 617 1,115 170 300 800 -28.25%ULI $220/AICP $475 101-410-1910-44350 Books - - - - #DIV/0! 101-410-1910-44370 Conferences & Training 1,520 405 2,500 273 1,000 1,500 -40.00%APA - Rochester Total Charges and Services 47,081$ 60,559$ 66,640$ 63,524$ 75,049$ 39,215$ -41.15% Miscellaneous 101-410-1910-44300 Miscellaneous 31 10 200 - 200 200 0.00% Total Miscellaneous 31$ 10$ 200$ -$ 200$ 200$ 0.00% 1910 Total Planning & Zoning 243,028$ 286,042$ 271,570$ 220,091$ 278,431$ 251,280$ -7.47% 1930 Engineering Services Charges and Services 101-410-1930-43030 Engineering Services 34,034 44,332 36,000 30,782 39,000 39,000 8.33% 101-410-1930-43210 Telephone 195 178 216 - - - -100.00% Total Charges and Services 34,229$ 44,510$ 36,216$ 30,782$ 39,000$ 39,000$ 7.69% Capital Outlay 101-480-8000-45900 Construction Projects - - - - - 35,000 #DIV/0!assume Keats Ave turn lane Total Capital Outlay -$ -$ -$ -$ -$ 35,000$ #DIV/0! 1930 Total Engineering Services 34,229$ 44,510$ 36,216$ 30,782$ 39,000$ 74,000$ 104.33% 1940 City Hall Materials and Supplies 101-410-1940-42110 Cleaning Supplies #DIV/0! 101-410-1940-42230 Building Repair Supplies 4 550 800 769 800 800 0.00%Menard's charges Total Materials and Supplies 4$ 550$ 800$ 769$ 800$ 800$ 0.00% Charges and Services 101-410-1940-43180 Information Technology/Web 185 389 389 400 2.83% 101-410-1940-43185 IT Support 5,090 #DIV/0!Roseville 101-410-1940-42002 IT Hardware #DIV/0! 101-410-1940-43190 Software Programs 372 #DIV/0!Roseville 101-410-1940-43210 Telephone 614 691 900 913 900 877 -2.58%Roseville $876.75 101-410-1940-43810 Utilities 3,851 3,840 6,500 2,543 4,340 4,500 -30.77%xcel, water, sewer 101-410-1940-43840 Refuse 1,129 1,561 1,325 892 1,530 1,600 20.75% 101-410-1940-44010 Repairs/Maint Contractual Bldg 21,350 9,735 6,000 7,916 8,100 6,000 0.00%cintas and cleaning, changed locks in 2018 101-410-1940-44040 Repairs/Maint Contractual Eqpt 11,365 12,346 18,000 9,650 16,000 16,000 -11.11%copier leases 101-410-1940-44120 Rentals - Building 30,147 31,992 33,223 7,998 33,223 30,000 -9.70%city lease space Total Charges and Services 68,456$ 60,348$ 66,337$ 29,912$ 64,482$ 64,839$ -2.26% Miscellaneous 101-410-1940-44300 Miscellaneous 1,981 568 1,016 835 950 1,800 77.17%water Total Miscellaneous 1,981$ 568$ 1,016$ 835$ 950$ 1,800$ 77.17% 1940 Total City Hall 70,441$ 61,466$ 68,153$ 31,516$ 66,232$ 67,439$ -1.05% CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 12 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 2100 Police Charges and Services 101-420-2100-43151 Law Enforcement Contract 536,330 615,054 664,675 634 664,675 701,768 5.58%Per Washington County 101-420-2100-44301 Misc. - Community Event - 1,800 1,000 1,800 1,000 1,000 0.00% Total Charges and Services 536,330$ 616,854$ 665,675$ 2,434$ 665,675$ 702,768$ 5.57% 2100 Total Police 536,330$ 616,854$ 665,675$ 2,434$ 665,675$ 702,768$ 5.57% 2150 Prosecution Charges and Services 101-420-2150-43045 Attorney Criminal 44,144 42,874 44,996 24,500 44,496 45,792 1.77%2019 rate is $3816/mth Total Charges and Services 44,144$ 42,874$ 44,996$ 24,500$ 44,496$ 45,792$ 1.77% 2150 Total Prosecution 44,144$ 42,874$ 44,996$ 24,500$ 44,496$ 45,792$ 1.77% 2220 Fire Personnel 101-420-2220-41010 Full-time Salaries 71,918 82,258 85,515 65,264 85,515 90,636 5.99% 101-420-2220-41030 Part-time Salaries 96,663 124,580 158,179 142,657 158,179 172,649 9.15%Witter $24,149 plus 148,500 for Part-time Fire Fighters 101-420-2220-41035 Paid On Call Salaries 70,000 70,000 71,400 2.00%Incr training pay to call pay (Paid on Call) 101-420-2220-41210 PERA Contributions 14,699 20,713 39,180 23,523 39,180 30,594 -21.91% GM/NW $19,456 Police/Fire rate incr for 2019, Part-time $11,138 101-420-2220-41220 FICA Contributions 6,038 7,839 4,340 8,845 4,340 18,669 330.16%GM/NW $1847, other $16,852 101-420-2220-41230 Medicare Contributions 2,364 2,943 1,015 2,951 1,015 -100.00% 101-420-2220-41300 Insurance 13,673 14,619 17,093 4,959 17,093 14,487 -15.25% 101-420-2220-41325 Life Insurance 40 500 #DIV/0! 101-420-2220-41330 STD/LTD 176 1,715 #DIV/0! 101-420-2220-41510 Workers Compensation 12,879 19,249 26,481 31,635 31,635 31,635 19.46% Total Personnel 218,234$ 272,201$ 401,803$ 280,050$ 406,957$ 432,285$ 7.59% Materials and Supplies 101-420-2220-42000 Office Supplies 1,444 1,494 500 489 1,600 500 0.00% 101-420-2220-42080 EMS Supplies 888 4,074 1,200 236 1,200 3,750 212.50%Odd year costs - 2 AEDs 101-420-2220-42090 Fire Prevention 722 2,741 3,000 332 3,000 3,000 0.00% 101-420-2220-42120 Fuel, Oil and Fluids 7,644 8,804 8,000 8,058 8,000 8,000 0.00% 101-420-2220-42400 Small Tools & Equipment 10,539 5,280 22,675 19,683 22,675 22,675 0.00%3 PT hires Total Materials and Supplies 21,237$ 22,394$ 35,375$ 28,798$ 36,475$ 37,925$ 7.21% Charges and Services 101-420-2220-43050 Physicals 4,221 5,186 8,075 5,484 10,559 8,198 1.52%3 PT hires 101-420-2220-43150 Contract Services 1,000 #DIV/0! 101-420-2220-43180 Information Technology/Web (440) #DIV/0! 101-420-2220-43185 IT Support 18,130 #DIV/0!Roseville 101-420-2220-42002 IT Hardware 7,000 #DIV/0!5 new Computers/4 Ipad for vehicles 101-420-2220-43190 Software Programs 341 #DIV/0!Roseville $341 101-420-2220-43210 Telephone 3,682 4,435 4,200 2,539 4,200 4,063 -3.26%Sprint $2335, TDS $1308, Verizon $420.12 101-420-2220-43230 Radio 18,917 20,676 21,615 11,055 21,615 25,636 18.60% Replace 2 portables (gradual replacement as curr going off support) 101-420-2220-43310 Mileage 814 220 500 171 500 500 0.00% 101-420-2220-43630 Insurance 7,290 7,571 8,549 7,195 7,195 8,274 -3.22%corrected allocation, incr 15% over prev yr. 101-420-2220-43810 Utility 9,520 13,231 15,500 9,079 15,500 16,000 3.23%Based on history 101-420-2220-43840 Refuse 2,948 3,890 3,200 373 3,200 4,000 25.00%Based on history 101-420-2220-44010 Repairs/Maint Bldg 17,938 11,134 7,000 6,139 7,000 7,000 0.00% 101-420-2220-44040 Repairs/Maint Eqpt 41,975 43,613 25,896 32,274 26,051 30,896 19.31% 101-420-2220-44170 Uniforms 5,255 4,550 9,821 4,326 9,821 9,821 0.00%3 PT hires CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 13 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 101-420-2220-44330 Dues & Subscriptions 3,275 3,044 3,955 3,230 3,955 5,980 51.20% Tablet Command/Cty CAD $1800 Tablets $450/Device, NFPA $1495, IM Resonding $650 101-420-2220-44350 Books 230 180 440 440 440 0.00% 101-420-2220-44370 Conferences & Training 17,663 14,110 22,514 12,206 22,514 22,944 1.91% Total Charges and Services 133,728$ 131,401$ 131,265$ 95,069$ 132,550$ 169,222$ 28.92% Capital Outlay 101-480-8000-45500 Vehicle 64 #DIV/0! 101-480-8000-45800 Equipment - 2,538 - - #DIV/0! 101-900-9000-47200 Transfer to Vehicle Replacement Fund - - - - - 9,438 #DIV/0! Total Capital Outlay -$ 2,602$ -$ -$ -$ 9,438$ #DIV/0! Miscellaneous 101-420-2220-44300 Miscellaneous 2,290 1,391 2,000 1,034 2,000 2,000 0.00% Total Miscellaneous 2,290$ 1,391$ 2,000$ 1,034$ 2,000$ 2,000$ 0.00% 2220 Total Fire 375,489$ 429,989$ 570,443$ 404,951$ 577,982$ 650,870$ 14.10% 2250 Fire Relief Charges and Services 101-420-2250-44920 Fire State Aid 59,136 61,147 47,000 - 47,000 60,000 27.66%Relief Assoc. pass through Total Charges and Services 59,136$ 61,147$ 47,000$ -$ 47,000$ 60,000$ 27.66% 2250 Total Fire Relief 59,136$ 61,147$ 47,000$ -$ 47,000$ 60,000$ 27.66% 2400 Building Inspection Personnel 101-420-2400-41010 Full-time Salaries 167,498 217,052 272,754 146,814 155,813 219,756 -19.43%1 additional Bldg Insp in 2018 not filled 101-420-2400-41030 Part-time Salaries 30,690 #DIV/0!added Part-time for 2019 Bldg Insp 101-420-2400-41020 Overtime #DIV/0!authorized as postion not filled in 2018 101-420-2400-41040 Temporary Employees #DIV/0!Interns 101-420-2400-41210 PERA Contributions 12,102 16,241 20,457 9,795 11,686 21,085 3.07%FT $18783, PT 2302 101-420-2400-41220 FICA Contributions 10,062 12,881 16,911 7,886 10,682 21,507 27.18%FT $19159, PT 2348 101-420-2400-41230 Medicare Contributions 2,353 3,012 3,955 1,844 2,498 -100.00% 101-420-2400-41300 Insurance 24,554 49,757 53,002 7,122 53,002 46,357 -12.54% 101-420-2400-41325 Life Insurance 88 500 #DIV/0! 101-420-2400-41330 STD/LTD 352 1,500 #DIV/0! 101-420-2400-41510 Workers Compensation 1,260 919 2,149 2,567 2,567 2,567 19.45% Total Personnel 217,829$ 299,862$ 369,228$ 176,468$ 236,248$ 343,962$ -6.84% Materials and Supplies 101-420-2400-42000 Office Supplies 1,602 1,722 1,750 789 900 1,750 0.00% 101-420-2400-42030 Printed Forms - 350 200 350 0.00% 101-420-2400-42120 Fuel, Oil and Fluids 521 198 3,600 - 3,600 3,600 0.00% Total Materials and Supplies 2,123$ 1,920$ 5,700$ 789$ 4,700$ 5,700$ 0.00% Charges and Services 101-420-2400-43030 Engineering 2,465 248 1,000 250 1,000 0.00% Computers #DIV/0! 101-420-2400-43180 Information Technology/Web 6,010 6,114 7,405 4,312 7,405 -100.00%See below separated out for 2019 101-420-2400-43185 IT Support 5,654 #DIV/0!Roseville 101-420-2400-42002 IT Hardware 1,800 #DIV/0!Computer Desktops replaced 3 101-420-2400-43190 Software Programs 8,126 #DIV/0!i-pads and PermitWorks, $721 Roseville 101-420-2400-43210 Telephone 1,912 3,208 2,500 2,391 2,500 3,325 32.99%Roseville $876.75, Sprint $2448 101-420-2400-43510 Legal Publishing 141 #DIV/0! 101-420-2400-43630 Insurance 178 185 400 3,566 3,566 4,101 925.23%corrected allocation, incr 15% over prev yr. CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 14 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 101-420-2400-44040 Repairs/Maint Eqpt 965 786 1,000 221 1,000 1,000 0.00% 101-420-2400-44170 Uniforms 80 986 1,200 160 800 800 -33.33%Jackets, shirts, ID's 101-420-2400-44330 Dues & Subscriptions 185 310 740 65 740 740 0.00% 101-420-2400-44350 Books 870 345 500 231 500 500 0.00% 101-420-2400-44370 Conferences & Training 2,596 1,066 4,825 1,415 3,200 3,200 -33.68% Total Charges and Services 15,261$ 13,388$ 19,570$ 12,361$ 19,961$ 30,245$ 54.55% Capital Outlay 101-480-2400-45500 Vehicle - - 24,000 - - 24,000 0.00%Paid from fund balance. Moved from 2018 to 2019 Total Capital Outlay -$ -$ 24,000$ -$ -$ 24,000$ 0.00% Miscellaneous 101-420-2400-44300 Miscellaneous 266 3,833 1,000 - 1,000 1,000 0.00% Total Miscellaneous 266$ 3,833$ 1,000$ -$ 1,000$ 1,000$ 0.00% 2400 Total Building Inspection 235,479$ 319,004$ 419,498$ 189,618$ 261,909$ 404,907$ -3.48% 2500 Emergency Communications Charges and Services 101-420-2500-43150 Contract Services 4,945 2,729 1,780 900 1,780 1,780 0.00%Monitoring System (Woodbury) Sirens Total Charges and Services 4,945$ 2,729$ 1,780$ 900$ 1,780$ 1,780$ 0.00% 2500 Total Emergency Communications 4,945$ 2,729$ 1,780$ 900$ 1,780$ 1,780$ 0.00% 2700 Animal Control Charges and Services 101-420-2700-43150 Contract Services 3,086 11,448 7,725 6,027 8,868 9,000 16.50% Total Charges and Services 3,086$ 11,448$ 7,725$ 6,027$ 8,868$ 9,000$ 16.50% 2700 Total Animal Control 3,086$ 11,448$ 7,725$ 6,027$ 8,868$ 9,000$ 16.50% 3100 Streets Personnel 101-430-3100-41010 Full-time Salaries 253,303 317,102 321,079 291,989 321,079 290,012 -9.68% 1 additional worker split Streets 30%, Parks 20%, Water 20%, Sewer 20%, SW 10% 101-430-3100-41030 Part-time Salaries 7,507 #DIV/0! 101-430-3100-41020 Overtime 4,000 6,000 50.00%On call pay should go here 101-430-3100-41040 Temporary Employees 5,240 9,360 7,000 9,360 0.00%Seasonals 101-430-3100-41210 PERA Contributions 18,494 23,647 24,081 21,945 24,081 21,751 -9.68% 101-430-3100-41220 FICA Contributions 15,066 19,422 20,735 18,048 20,735 22,186 7.00% 101-430-3100-41230 Medicare Contributions 3,524 4,542 4,849 4,221 4,849 -100.00% 101-430-3100-41300 Insurance 44,655 46,887 62,796 20,148 62,796 75,728 20.59%Added an additional person and incr of 6% 101-430-3100-41325 Life Insurance 161 819 #DIV/0! 101-430-3100-41330 STD/LTD 555 2,049 #DIV/0! 101-430-3100-41600 Safety Clothing Allowance 971 160 971 744 -23.38%Boots ($175 per person allocated by Salary Allocation) 101-430-3100-41510 Workers Compensation 12,028 17,290 19,749 23,593 23,593 23,593 19.46% Total Personnel 347,070$ 434,130$ 467,620$ 388,326$ 465,104$ 452,242$ -3.29% Materials and Supplies 101-430-3100-42000 Office Supplies 1,666 658 800 367 800 800 0.00% 101-430-3100-42120 Fuel, Oil and Fluids 24,049 33,536 28,500 30,128 30,000 15,000 -47.37% $30,000 - $15K Streets, $2K Parks, $4.5K W, $4.5K S, $0.4K SW 101-430-3100-42150 Operating Supplies 2,431 3,009 2,000 3,377 2,000 2,500 25.00% Contract Service ROW #DIV/0! 101-430-3100-42210 Repair/Maint. Supplies 3,964 4,250 12,750 18,539 20,000 10,000 -21.57% CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 15 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 101-430-3100-42211 Repair/Maint. Supplies S&I 5,448 10,000 #DIV/0! 101-430-3100-42240 Street Maintenance & Landscaping - Materials 16,112 17,453 20,000 19,768 20,000 20,000 0.00% Sealcoat and Crackseal materials - potholes, landscape fixes, etc 101-430-3120-42260 Street Signs 2,389 5,631 5,000 1,575 5,000 5,000 0.00% 101-430-3125-42290 Sand/Salt S&I 49,616 74,202 75,000 80,587 75,048 80,000 6.67% 101-430-3100-42400 Small Tools & Minor Equipment 2,788 3,777 8,000 3,065 8,000 20,500 156.25%forklift for PW 101-430-3100-44375 Personal Protection Equipment 1,465 1,828 2,800 685 2,500 2,800 0.00% Total Materials and Supplies 104,480$ 149,793$ 154,850$ 158,089$ 163,348$ 166,600$ 7.59% Charges and Services 101-430-3100-43030 Engineering Services 4,676 6,311 4,800 4,335 4,800 4,800 0.00% 101-430-3100-43090 Sealcoating & Crack Sealing 258,223 411,254 425,000 148,372 425,000 590,000 38.82% Sealcoat, crackseal, mill/overlay, LE Ave Ph3, Discover Bridge Crossing 101-430-3100-43150 Contract Services 24,156 32,636 24,500 9,109 20,000 24,500 0.00%Striping, guard rail repair, etc. 101-430-3100-43180 Information Technology/Web 3,601 877 #DIV/0! 101-430-3100-43185 IT Support 7,482 #DIV/0!Roseville 101-430-3100-42002 IT Hardware 1,200 #DIV/0!2 computers 101-430-3100-43190 Software Programs 1,604 #DIV/0!Roseville $604, BeHIve Asset Mgmt $1000 101-430-3100-43151 Snow Removal Contract Services 10,000 #DIV/0!Snow removal contract sidewalks 101-430-3100-44050 Tree Program #DIV/0! 101-430-3100-43210 Telephone 7,347 7,278 7,800 4,570 7,500 5,930 -23.98%Roseville $350.7, Sprint $1175,TDS $2484, Verizon $1920 101-430-3100-43230 Radio 1,236 1,200 24,000 22,116 24,000 7,000 -70.83%Wash Co. fees ($4,000) new radio $3,000 101-430-3120-43510 Public Notices 152 #DIV/0! 101-430-3100-43630 Insurance 15,105 15,688 19,000 17,740 17,740 20,401 7.37%corrected allocation, incr 15% over prev yr. 101-430-3100-43810 Utilities 34,935 18,427 19,124 45,188 18,388 19,698 3.00% 101-430-3100-43811 Street Lights 31,677 32,876 31,612 33,000 0.38% 101-430-3100-43840 Refuse 2,407 2,343 3,000 2,987 3,000 3,000 0.00% 101-430-3100-44010 Repairs/Maint Bldg.10,996 11,438 21,000 27,619 20,000 21,000 0.00%new garage doors/openers at PW 101-430-3100-44030 Repairs/Maint Imp Other Than Bldg.165 1,203 1,500 2,330 1,500 1,500 0.00% 101-430-3100-44040 Repairs/Maint Equip 25,364 36,570 22,000 18,315 22,000 20,000 -9.09% 101-430-3100-44041 Repairs/Maint Equip S&I 4,928 12,000 2,500 12,000 14,000 16.67% 101-430-3100-44130 Equipment Rental 2,000 5,472 2,000 2,000 0.00%Consolidated w/ Streets - $1K 101-430-3100-44170 Uniforms 5,886 7,118 7,500 6,000 5,578 -25.63%Allocate to all dept 101-430-3100-44330 Dues & Subscriptions 294 531 600 661 700 800 33.33% 101-430-3100-44370 Conferences & Training 3,889 2,242 4,800 1,312 4,800 4,800 0.00% 101-430-3100-44380 Clean-up Days 9,557 14,256 - - - - #DIV/0! Total Charges and Services 404,236$ 608,853$ 631,500$ 313,501$ 621,040$ 798,292$ 26.41% Capital Outlay 101-900-9000-47200 Transfer to Vehicle Replacement Fund 50,745 101-480-3100-45500 Capital Purchases - - 145,000 36,045 - - -100.00%Fleet Purchases - 1 ton, vac trlr, asphalt roller. Total Capital Outlay -$ -$ 145,000$ 36,045$ -$ 50,745$ -65.00% Miscellaneous 101-430-3100-44300 Miscellaneous 762 631 1,800 365 1,800 1,000 -44.44% Total Miscellaneous 762$ 631$ 1,800$ 365$ 1,800$ 1,000$ -44.44% 3100 Total Streets 856,548$ 1,193,408$ 1,400,770$ 896,326$ 1,251,292$ 1,468,879$ 4.86% 5200 Parks & Recreation Personnel 101-450-5200-41010 Full-time Salaries 70,421 56,356 99,036 29,437 99,036 132,127 33.41% 1 additional worker split Streets 30%, Parks 20%, Water 20%, Sewer 20%, SW 10% 101-450-5200-41030 Part-time Salaries 9,759 #DIV/0! 101-450-5200-41020 Overtime #DIV/0!On call pay CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 16 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 101-450-5200-41040 Temporary Employees 30,934 24,543 28,080 7,000 14,000 -50.14%Seasonal Workers/Park Summer-Ice Rink Winter 101-450-5200-41210 PERA Contributions 5,798 4,583 7,428 2,378 7,428 9,910 33.41% 101-450-5200-41220 FICA Contributions 6,027 4,846 7,857 2,379 7,857 10,108 28.65% 101-450-5200-41230 Medicare Contributions 1,410 1,133 1,843 556 1,843 -100.00% 101-450-5200-41300 Insurance 18,232 19,091 18,481 1,773 18,481 34,493 86.64% 101-450-5200-41325 Life Insurance 17 200 #DIV/0! 101-450-5200-41330 STD/LTD 59 544 #DIV/0! 101-450-5200-41600 Safety Clothing Allowance 236 236 315 33.47%Boots ($175 per person allocated by Salary Allocation) 101-450-5200-41420 Unemployment Benefits 1,367 #DIV/0! 101-450-5200-41510 Workers Compensation 3,735 4,206 7,419 22,078 22,078 22,078 197.59% Total Personnel 136,557$ 116,124$ 170,380$ 68,436$ 163,959$ 223,775$ 31.34% Materials and Supplies 101-450-5200-42000 Office Supplies 60 611 800 319 800 800 0.00% 101-450-5200-42120 Fuel, Oil and Fluids 2,000 #DIV/0! $30,000 - $15K Streets, $2K Parks, $4.5K W, $4.5K S, $0.4K SW 101-450-5200-42150 Operating Supplies 1,338 182 1,000 836 1,000 1,000 0.00% 101-450-5200-42160 Chemicals 1,057 577 2,000 579 2,000 2,000 0.00% 101-450-5200-42210 Repair/Maint. Supplies 4,505 1,153 7,000 3,061 5,000 7,000 0.00%Combined with Landscaping materials 101-450-5200-42230 Building Repair Supplies 619 100 500 43 500 500 0.00% 101-450-5200-42250 Landscaping Materials 2,593 #DIV/0! 101-450-5200-42400 Small Tools & Minor Equipment 2,365 2,548 2,500 3,198 2,500 5,000 100.00% Total Materials and Supplies 9,944$ 7,762$ 13,800$ 8,035$ 11,800$ 18,300$ 32.61% Charges and Services 101-450-5200-43150 Contracted Services 7,592 13,000 35,134 56,000 80,000 515.38% Sunfish Mgmt (GRG)$10K, Mowing $58k, $13k Fertilizer, $9k misc 101-450-5200-43185 IT Support 4,636 #DIV/0!Roseville 101-450-5200-42002 IT Hardware #DIV/0! 101-450-5200-43190 Software Programs 340 #DIV/0!Roseville 101-450-5200-43210 Telephone 1,358 948 1,200 619 1,200 993 -17.28%Roseville $350.7, Sprint $642 101-450-5200-43510 Public Notices 66 #DIV/0! 101-450-5200-43630 Insurance 3,079 3,198 5,000 5,403 5,403 6,214 24.27%corrected allocation, incr 15% over prev yr. 101-450-5200-43810 Utilities 6,446 10,641 10,500 5,455 10,500 10,500 0.00%Water costs added in. 101-450-5200-43840 Refuse 20 1,991 1,000 1,626 1,200 1,000 0.00% 101-450-5200-44010 Repairs/Maint Bldg 63 130 2,800 1,875 3,000 5,000 78.57%garage door repairs at pole shed 101-450-5200-44030 Repairs/Maint Imp Not Bldgs 2,959 9,113 3,200 1,177 3,200 3,200 0.00% 101-450-5200-44040 Repairs/Maint Eqpt 2,235 1,170 3,200 4,030 2,000 3,200 0.00% 101-450-5200-44120 Rentals - Buildings 6,476 7,627 7,000 3,624 7,600 8,000 14.29%porta-potties at new parks 101-450-5200-44170 Uniforms 67 58 100 100 1,078 978.00%Allocated from Streets 101-450-5200-44301 Events - 450 500 482 482 500 0.00%Tree Give Away 101-450-5200-44302 Lakes - 7,499 15,000 5,000 15,000 15,000 0.00%Grant to treat Invasive Species 101-450-5200-44370 Conferences & Training - 1,200 1,195 1,200 1,200 0.00% 101-450-5200-44130 Equipment Rental - 1,000 325 1,000 1,200 20.00% 101-450-5200-44375 Personal Protection Equipment 341 1,521 800 806 800 800 0.00% Total Charges and Services 23,044$ 52,003$ 65,500$ 66,750$ 108,685$ 142,860$ 118.11% Capital Outlay 101-900-9000-47200 Transfer to Vehicle Replacement Fund 14,817 #DIV/0!Transfer to Vehicle Replacement Fund 101-900-5200-45500 Capital Purchases - - 25,000 - - - -100.00% Total Capital Outlay -$ -$ 25,000$ -$ -$ 14,817$ -40.73% Miscellaneous 101-450-5200-44300 Miscellaneous 521 (1,434) 1,200 505 1,200 1,000 -16.67% Total Miscellaneous 521$ (1,434)$ 1,200$ 505$ 1,200$ 1,000$ -16.67% CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 17 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 5200 Total Parks & Recreation 170,066$ 174,456$ 275,880$ 143,726$ 285,644$ 400,752$ 45.26% 9000 Transfers Transfers 101-900-9000-47200 Transfer to Washington County (Library)7,966 Transfer Fund Balance to Washington Co. 101-900-9000-47200 Transfer to Debt Service 67,859 Additional transfer to Debt service as a result of the OV3 assessments being reduced at Final Assessment adoption 2018 & 2019 $47,766 and Interest payment for 2018 Equipment Certificates $20,093 101-900-9000-47200 Transfer to Vehicle Replacement Fund 470,076 Additional $35,000 from reduction in Engr Costs for Keats Turn Lane 101-900-9000-47200 Transfer to Vehicle Replacement Fund - - - - - 100,000 #DIV/0!Using Fund Balance to Start Fund Total Transfers -$ 7,966$ -$ -$ -$ 637,935$ #DIV/0! 9000 Total Transfers -$ 7,966$ -$ -$ -$ 637,935$ #DIV/0! 9000 Contingency Reserve Contingency Reserve Reserve for possible Insurance Increase - - - - - 3,788 #DIV/0! Set aside for possible Insurance increase Union insurance. Will not be known until March. Total Contingency Reserve -$ -$ -$ -$ -$ 3,788$ #DIV/0! 9000 Contingency Reserve -$ -$ -$ -$ -$ 3,788$ #DIV/0! Total General Fund Expenditures:3,575,684$ 4,332,972$ 4,670,734$ 2,628,219$ 4,397,525$ 5,601,009$ 19.92% Total Gen Fund Revs. Over/(Under) Expenditures:800,670$ 220,298$ (194,000)$ 812,381$ 394,008$ (124,000)$ -36.08%Use of Fund Balance if negative CITY OF LAKE ELMO 2019 PROPOSED BUDGET Master Worksheet - All Budgets - REVISED 1 Adopted 2018 to 2016 2017 2018 2018 2018 2019 Proposed 2019 Account Number Description Actual Actual Adopted YTD - Sep 2018 Projected Proposed Percent Change Comments 221 EDA Brookfield Building Fund EDA Brookfield Bldg Fund Revenues: 221-000-0000-34110 Tenant Rents 44,636 71,386 108,852 #DIV/0! 221-000-0000-39300 Bond Proceeds 904,417 904,417 #DIV/0! 221-000-0000-39201 Transfer from City Hall Budget 25,225 30,000 #DIV/0! - - - - - - #DIV/0! Total EDA Brookfield Building Fund Revenues:-$ -$ -$ 949,053$ 1,001,028$ 138,852$ #DIV/0! EDA Brookfield Bldg Fund Expenses: Materials and Supplies 221-460-6301-42110 Repair/Maint. Maint Supplies 935 3,335 5,000 #DIV/0! 221-460-6301-42150 Operating Supplies 36 70 100 #DIV/0! - - - - - - #DIV/0! Total Materials and Supplies -$ -$ -$ 971$ 3,405$ 5,100$ #DIV/0! Charges and Services 221-460-6301-43150 Contract Services 3,667 6,380 9,480 #DIV/0!HVAC, cleaning, pet control, misc 221-460-6301-44386 Real Estate Taxes 11,537 11,537 16,825 #DIV/0! 221-460-6301-43810 Utilities 2,980 14,000 21,000 #DIV/0!Xcel, w&s 221-460-6301-43840 Refuse 1,397 3,660 6,000 #DIV/0! 221-460-6301-43610 Insurance 1,500 #DIV/0! 221-460-6301-44040 Repairs/Maint Equip 1,698 1,200 1,500 #DIV/0! 221-460-6301-44030 Repairs/Maint Not Bldg #DIV/0! - - - - - - #DIV/0! Total Charges and Services -$ -$ -$ 21,280$ 36,777$ 56,305$ #DIV/0! Capital Outlay 221-460-6301-45200 Buildings 887,965 903,500 221-460-6301-45300 Improvements Other Than Bldgs - - - - - - #DIV/0! Total Capital Outlay -$ -$ -$ 887,965$ 903,500$ -$ #DIV/0! Miscellaneous and Non-operating #DIV/0! 221-460-6301-44300 Miscellaneous Expenses 1,000 1,000 #DIV/0! 221-460-6301-47285 Transfer to Debt Service 221-460-6301-46010 Bond Principal #DIV/0! 221-460-6301-46110 Bond Interest 43,638 #DIV/0! 221-460-6301-46220 Deferred Charges Amort #DIV/0! 221-460-6301-46200 Fiscal Agent Fees 400 #DIV/0! 221-460-6301-46300 Bond Issuance Costs - - - 21,583 21,583 - #DIV/0! Total Misc. and Non-operating -$ -$ -$ 21,583$ 22,583$ 45,038$ #DIV/0! Total EDA Brookfield Bldg Fund Expenses:-$ -$ -$ 931,798$ 966,265$ 106,443$ #DIV/0! Total EDA Brookfield Bldg Fund Revs. Over/(Under) Expenses:-$ -$ -$ 17,255$ 34,763$ 32,409$ #DIV/0! 11/28/2018CITY OF Lake Elmo Tax Rate at 2% Increase Financial Management Plan Summary DRAFT ONLY Revenue Inflation Rate 2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00%2.00% Expenses Inflation Rate 4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00%4.00% ** 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Actual Actual Actual Actual Budget Budget REVENUE 1 PROPERTY TAX LEVY 2,237,110 2,206,350 2,019,331 1,643,358 2,202,698 2,973,905 3,239,137 3,268,509 3,582,939 3,276,211 3,443,417 3,655,441 4,025,358 4,252,295 4,869,510 5,500,376 2 Adjust for Fiscal Disparities 140,432 179,607 157,096 159,325 149,615 199,221 199,221 199,221 199,221 199,221 199,221 199,221 199,221 199,221 199,221 199,221 Other Taxes (Delinq., Mobile Home, Penalties)39,696 48,272 28,097 38,529 30,500 30,500 30,500 30,500 30,500 30,500 30,500 30,500 30,500 30,500 30,500 30,500 3 LICENSE AND PERMIT 451,953 828,494 1,210,619 1,477,918 994,400 1,056,900 1,078,038 1,099,599 1,121,591 1,144,023 1,166,903 1,190,241 1,214,046 1,238,327 1,263,093 500,000 4 INTERGOVERNMENTAL (excludes Fiscal Disparities)190,148 222,352 209,373 206,185 238,026 267,835 267,835 267,835 267,835 267,835 267,835 267,835 267,835 267,835 267,835 267,835 5 CHARGES FOR SERVICES 30,192 35,796 543,973 738,580 611,595 626,600 639,132 651,915 664,953 678,252 691,817 705,653 719,766 734,162 748,845 763,822 6 FINES/FOREFEITS 48,647 48,739 49,505 41,418 49,000 49,000 49,980 50,980 51,999 53,039 54,100 55,182 56,286 57,411 58,560 59,731 7 INTEREST EARNINGS 71,813 23,501 20,437 27,665 40,000 40,000 40,800 41,616 42,448 43,297 44,163 45,046 45,947 46,866 47,804 48,760 8 MISC. (See note 1 below)192,355 74,772 146,102 220,280 160,900 233,048 237,709 242,463 247,312 252,259 257,304 262,450 267,699 273,053 278,514 284,084 9 SALE OF ASSETS 0 0 0 0 0 0 0 0 0 0 0 0 0 10 TOTAL REVENUE 3,402,346 3,667,883 4,384,533 4,553,258 4,476,734 5,477,009 5,782,352 5,852,637 6,208,799 5,944,637 6,155,260 6,411,570 6,826,658 7,099,670 7,763,882 7,654,329 11 12 EXPENDITURES 13 GENERAL GOVERNMENT 1,046,906 1,025,320 1,290,461 1,473,094 1,236,966 1,179,538 1,226,720 1,275,788 1,326,820 1,379,893 1,435,088 1,492,492 1,552,192 1,614,279 1,678,850 1,746,004 14 PUBLIC SAFETY 1,198,546 1,203,765 1,258,609 1,481,443 1,733,118 1,841,679 1,915,346 1,991,960 2,071,638 2,154,504 2,240,684 2,330,311 2,423,524 2,520,465 2,621,283 2,726,135 15 PUBLIC WORKS 585,071 686,401 856,548 1,193,408 1,255,770 1,418,134 1,489,041 1,563,493 1,641,667 1,723,751 1,809,938 1,900,435 1,995,457 2,095,230 2,199,991 2,309,991 16 CULTURE AND RECREATION 208,204 229,595 170,066 174,456 250,880 385,935 401,372 417,427 434,124 451,489 469,549 488,331 507,864 528,179 549,306 571,278 18 MISCELLANEOUS 69,403 107,094 7,966 3,788 0 0 0 0 0 0 0 0 0 0 19 CAPITAL OUTLAY 0 0 0 0 0 0 0 0 0 0 20 GENERAL GOVERNMENT 35,000 0 0 0 0 0 0 0 0 0 0 21 PUBLIC SAFETY 2,602 24,000 24,000 0 0 0 60,000 0 0 0 0 0 0 22 PUBLIC WORKS 145,000 0 0 60,000 0 0 0 0 0 0 0 23 CULTURE AND RECREATION 25,000 0 0 0 0 0 0 0 0 0 0 24 TRANSFER OUT 360,000 447,118 67,859 0 0 0 0 0 0 0 0 0 0 25 CAPITAL EQUIPMENT 75,000 100,000 125,000 150,000 175,000 200,000 200,000 200,000 200,000 200,000 200,000 Additional Transfer to Capital Equipment 570,076 632,440 460,830 505,675 125,500 118,500 490,500 76,000 29 0 0 0 0 0 0 0 0 0 0 30 TOTAL EXPENDITURES 3,398,727 3,661,602 3,682,778 4,332,969 4,670,734 5,601,009 5,764,919 5,834,498 6,189,925 5,944,637 6,155,260 6,411,569 6,804,537 7,076,653 7,739,931 7,629,408 31 32 REVENUE OVER (UNDER) EXPENSES 3,619 6,281 701,755 220,289 (194,000) (124,000) 17,433 18,139 18,874 (0) 0 0 22,122 23,018 23,951 24,920 33 34 BEGINNING FUND BALANCE 3,177,382 3,181,001 3,187,282 3,889,037 4,109,326 3,915,326 3,791,326 3,808,759 3,826,898 3,845,772 3,845,772 3,845,772 3,845,773 3,867,894 3,890,912 3,914,862 38 ENDING FUND BALANCE 3,181,001 3,187,282 3,889,037 4,109,326 3,915,326 3,791,326 3,808,759 3,826,898 3,845,772 3,845,772 3,845,772 3,845,773 3,867,894 3,890,912 3,914,862 3,939,783 41 42 43 GENERAL FUND OPERATING TAX LEVY 2,421,588 2,421,588 2,190,706 1,818,847 2,382,813 2,973,905 3,239,137 3,268,509 3,582,939 3,276,211 3,443,417 3,655,441 4,025,358 4,252,295 4,869,510 5,500,376 44 ANNUAL INCREASE 0.0%-9.5%-17.0%31.0%24.8%8.9%0.9%9.6%-8.6%5.1%6.2%10.1%5.6%14.5%13.0% 45 48 TOTAL OTHER GENERAL LEVIES 256,957 231,261 256,957 256,957 0 0 0 0 0 0 0 0 0 0 0 0 49 50 EXISTING DEBT SERVICE LEVIES 484,814 484,814 664,541 874,622 1,213,788 1,215,932 1,215,932 1,158,723 1,022,051 1,025,432 937,558 834,293 706,568 711,996 486,825 179,314 51 55 TOTAL EXISTING TAX LEVIES 3,163,359 3,137,663 3,112,204 2,950,426 3,596,601 4,189,837 4,455,069 4,427,232 4,604,990 4,301,643 4,380,975 4,489,734 4,731,926 4,964,291 5,356,335 5,679,690 56 64 TOTAL NEW ADDITIONS TO TAX LEVY 0 0 0 0 0 0 100,000 513,915 744,035 1,545,858 2,032,143 2,307,861 2,461,418 2,613,306 2,615,181 2,696,301 65 66 GROSS LEVY TO TAXPAYERS 3,163,359 3,137,663 3,112,204 2,950,426 3,596,601 4,189,837 4,555,069 4,941,147 5,349,025 5,847,501 6,413,118 6,797,595 7,193,343 7,577,597 7,971,516 8,375,991 67 FISCAL DISPARITIES -161,313 -187,743 -157,509 -161,272 -149,615 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 -199,221 68 NET LEVY TO TAXPAYERS 3,002,046 2,949,920 2,954,695 2,789,154 3,446,986 3,990,616 4,355,848 4,741,926 5,149,804 5,648,280 6,213,897 6,598,374 6,994,122 7,378,376 7,772,295 8,176,770 69 70 EXISTING TAX BASE 10,814,010 12,395,813 12,779,339 13,933,542 15,359,350 17,424,380 17,685,746 18,925,404 20,198,273 21,505,069 22,846,525 24,223,386 25,636,412 27,086,379 28,574,077 30,100,311 71 NEW CONSTRUCTION TAX CAP (from lines 86-89)0 959,973 974,372 988,988 1,003,822 1,018,880 1,034,163 1,049,675 1,065,421 1,081,402 1,097,623 73 TOTAL TAX CAPACITY 10,814,010 12,395,813 12,779,339 13,933,542 15,359,350 17,424,380 18,645,718 19,899,776 21,187,260 22,508,892 23,865,405 25,257,549 26,686,088 28,151,800 29,655,479 31,197,934 74 75 TAX RATE ON TAX CAPACITY 27.761%23.798%23.121%20.018%22.442%22.902%23.361%23.829%24.306%25.094%26.037%26.124%26.209%26.209%26.209%26.209% 76 TAX RATE % CHANGE -14.28%-2.84%-13.42%12.11%2.05%2.00%2.00%2.00%3.24%3.76%0.33%0.33%0.00%0.00%0.00% 77 91 Existing $382,800 home Market Value (inflated by line 81)331,100 370,500 370,500 378,300 382,800 396,964 402,918 408,962 415,096 421,323 427,643 434,057 440,568 447,177 453,884 460,692 78 City Taxes (with inflation on value)883 857 833 731 853 906 939 973 1,009 1,061 1,117 1,138 1,155 1,172 1,190 1,207 79 Percentage City tax increase in home ($382,800 inflated from 2017)-2.87%-2.84%-12.27%16.68%6.21%3.65%3.68%3.65%5.15%5.29%1.85%1.50%1.50%1.50%1.50% 80 81 Existing Tax Base Inflation -0.6%11.9%0.0%2.1%1.2%3.7%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5% 82 Total Tax Base Increase 0.8%14.6%3.1%9.0%10.2%13.4%7.0%6.7%6.5%6.2%6.0%5.8%5.7%5.5%5.3%5.2% 83 % from New Growth 1.4%2.7%3.1%6.9%9.0%9.7%5.5%5.2%5.0%4.7%4.5%4.3%4.2%4.0%3.8%3.7% 84 85 New tax capacity assumptions 86 Residential units completed in beginning of year 0 250 250 250 250 250 250 250 250 250 250 250 87 New home average value ($383,989 in 2018 inflated)0 383,989 389,749 395,595 401,529 407,552 413,665 419,870 426,168 432,561 439,049 445,635 88 Commercial - New construction (15,000 s.f./year)0 0 0 0 0 0 0 0 0 0 0 89 New Home Value Construction Inflation 0.0%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5%1.5% 90 Percentage of Tax Levy for Debt 16.15%16.43%22.49%31.36%35.21%30.47%30.21%35.27%33.09%44.38%46.71%45.47%43.19%42.99%37.86%33.14% Projected