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City of Mounds View
<br />Five Year Financial Plan
<br />General Fund Multi-year Operating Budget 2018 thru 2022
<br />General Assumption 2.5%2.5%3%3%3%
<br />2014 2015 2016 Budget Projected Projected Projected Projected Projected
<br />Actual Actual Actual 2017 2018 2019 2020 2021 2022
<br />Interest 1.125%1.50%1.75%2.00%2.00%
<br />Revenues:Levy increase percentage 3.50%3.50%3.50%3.50%3.50%
<br />Property taxes - Base levy 3,440,345$ 3,647,190$ 3,700,379$ 3,833,967$ 3,973,620$ 4,084,654$ 4,232,547$ 4,384,538$ 4,542,200$
<br />Property taxes - Special levies 217,145 226,145 233,145 244,145 244,145 252,690 261,534 270,688 280,162
<br />Property taxes - debt levies 156,348 158,339 154,119 90,835 97,096 128,537 128,105 128,737 129,040
<br /> Total taxes 3,813,838 4,031,674 4,087,643 4,168,947 4,314,861 4,465,881 4,622,187 4,783,963 4,951,402
<br />Franchise tax 336,711 309,039 296,173 280,000 285,000 292,125 300,889 309,915 319,213
<br />Other taxes 43,859 47,877 27,556 29,000 29,000 29,725 30,617 31,535 32,481
<br />Hotel/motel tax 66,367 69,109 67,408 65,000 65,000 66,625 68,624 70,682 72,803
<br />Licenses and permits 246,970 204,844 184,499 180,522 181,072 185,599 191,167 196,902 202,809
<br />Intergovernmental 941,697 1,038,060 1,090,100 976,636 1,014,779 1,040,148 1,071,353 1,103,494 1,136,598
<br />Charges for services 14,933 18,943 40,988 16,325 15,825 16,221 16,707 17,208 17,725
<br />Fines & forfeitures 40,239 36,338 29,278 39,000 38,600 39,565 40,752 41,975 43,234
<br />Interest 521,224 112,669 104,985 115,000 115,000 116,725 118,768 121,143 124,777
<br />Miscellaneous 344,077 321,188 342,547 295,826 306,436 314,097 323,520 333,225 343,222
<br />Transfers:3%3%3%3%3%3%3%3%3%
<br /> Water Fund (3%)69,393 - - 75,828 78,103 80,446 82,859 85,345 87,906
<br /> Sewer Fund (3%)54,962 56,611 58,309 60,058 61,860 63,716 65,627 67,596 69,624
<br /> Street Light Fund (3%)2,462 2,536 2,612 2,690 2,771 2,854 2,940 3,028 3,119
<br /> Storm Water Fund (3%)7,168 7,383 7,604 7,832 8,067 8,309 8,558 8,815 9,079
<br /> DARE Fund - 4,643 - - - - - - -
<br /> Vehicle & Equipment Fund 38,316 21,000 22,000 21,600 22,000 23,000 24,000 25,000 26,000
<br />Debt issued (lease)- 246,729 - - - - - -
<br /> Total revenues 6,542,216 6,528,643 6,361,702 6,334,264 6,538,374 6,745,036 6,968,567 7,199,827 7,439,992
<br />22.38%-0.21%-2.56%-0.43%3.22%3.16%3.31%3.32%3.34%
<br />Operating Expenditures:
<br />Legislative Services:
<br />City Council 46,030 47,114 47,213 57,527 58,965 60,439 62,252 64,120 66,044
<br />Advisory Commissions 14,315 8,720 15,520 15,500 20,000 15,908 16,385 16,877 17,383
<br /> Subtotal 60,345 55,834 62,733 73,027 78,965 76,347 78,638 80,997 83,427
<br />Administrative Services:
<br />City Administrator 231,848 271,214 282,476 298,084 305,536 313,175 322,570 332,247 342,214
<br />Elections 20,053 22,323 19,167 35,000 24,500 25,113 25,866 26,642 27,441
<br />Finance 232,173 246,268 255,786 263,457 270,043 276,795 285,098 293,651 302,461
<br />Central Services 207,551 216,482 237,713 255,645 247,230 253,411 261,013 268,843 276,909
<br /> Subtotal 691,625 756,287 795,142 852,186 847,310 868,492 894,547 921,383 949,025
<br />Community Development 341,593 353,381 320,413 398,498 426,942 437,616 450,744 464,266 478,194
<br />Police 2,481,263 2,710,054 2,719,071 2,751,241 2,883,298 2,955,380 3,044,042 3,135,363 3,229,424
<br />Fire 339,428 378,210 390,343 400,663 410,680 420,947 433,575 446,582 459,980
<br />Public Works Administration 141,537 113,779 135,670 143,944 147,543 151,231 155,768 160,441 165,254 2
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