Loading...
HomeMy WebLinkAboutAgenda Packets - 2015/05/04 CITY OF MOUNDS VIEW CITY COUNCIL WORK SESSION AGENDA MOUNDS VIEW CITY HALL Monday, May 4, 2015 7:00 p.m. ROLL CALL: Flaherty, Gunn, Hull, Meehlhause, Mueller PUBLIC COMMENT Citizens may speak to issues not on tonight’s agenda. Before speaking, please give your full name and address for the minutes. Also, please limit your comments to three minutes. Agenda Items Discussed by Consensus 1. Discuss Opportunities for Law Enforcement Personnel to Become More Involved within the Community (Verbal Report) 2. Presentation by Community Partners with Youth (CPY) – (Verbal Report) 3. Discuss Possibility of Allowing Poultry and Fowl in Backyards 4. Review Request from CenturyLink to be Exempted from Section 911.05 of the Municipal Code 5. Five Year Financial Plan 6. Review Levy Reduction Fund Balance and Consider Possibility to Draw from Fund for Capital Projects 7. Assess Possibility of Exploring Organized Collection in Mounds View Next Work Session: Monday, June 1, 2015, at 7 p.m. Next City Council Meeting: Monday, May 11, 2015, at 7 p.m. Item No: 4 Meeting Date: May 4, 2015 Type of Business: Work Session City of Mounds View Staff Report To: Honorable Mayor and City Council From: James Ericson, City Administrator Item Title/Subject: Review Request Submitted by CenturyLink to be Exempted from Section 911.05 of the Mounds View Municipal Code Introduction: On March 23, 2015, Staff advised the Council of a situation that had recently occurred between the City and CenturyLink. The Company had begun working on a utility project without obtaining the requisite City permit and in conflict with the City Code, which requires undergrounding of new or replaced facilities. The Council expressed a desire to have CenturyLink attend a future meeting to discuss the situation. Discussion: On March 19, 2015, Interim Public Works Director Don Peterson and I met with representatives from CenturyLink to discuss a fiber-to-the home project that was initiated without a City permit and installed contrary to the City Code which requires undergrounding of new or replaced facilities. After residents had alerted us of the work, the City shut the project down which prompted the meeting with CenturyLink. The company acknowledges they made a mistake in initiating the project without a permit and apologized for the oversight and any problems it caused. They do want to discuss whether the City would be willing to "exempt" them from the requirement to underground the wires, indicating that the materials have been ordered ($500,000 worth of fiber and associated equipment) and the materials cannot be easily repurposed. The materials would make “gigabit Internet” available to the neighborhoods in which the fiber is installed. (According to CenturyLink’s information, Gigabit service is 100 times faster than today’s basic broadband speeds.) The City Code states: 911.05. UNDERGROUNDING OF PERMANENT REPLACEMENT, RELOCATED OR RECONSTRUCTED FACILITIES. A permanent replacement, relocation or reconstruction of a Facility of more than three hundred (300) feet must be located, and maintained underground, with due regard for seasonal working conditions. For purposes of this Section, reconstruction means any substantial repair of or any improvement to existing Facilities. Undergrounding is required whether a replacement, relocation or reconstruction is initiated by the right-of-way user owning or operating the Facilities, or by the City in connection with (1) the present or future use by the city or other local government unit of the right-of-way for a public project, (2) the public health or safety, or (3) the safety and convenience of travel over the right-of-way. The City Council in its discretion may deviate from the requirements of this Section in situations where undergrounding is not technically or economically feasible. CenturyLink Report May 4, 2015 Page 2 The last line of the referenced section of City Code (underlined for emphasis) indicates that the Council may deviate from the requirements of this section "where undergrounding is not technically or economically feasible." CenturyLink officials plan to attend the meeting to request such an the exemption based on the economic hardship that the materials have been custom made for an aerial deployment and cannot be repurposed for this or any other neighborhood build out. If an exemption is not supported, CenturyLink will likely request that the City Code be modified to allow greater flexibility to upgrade services without triggering the undergrounding requirement. The City of Golden Valley has a very similar Code requirement and they are considering changes either through a code amendment or an administrative variance process to become more flexible. I have requested information from that city. Recommendation: Discuss with CenturyLink their plans to install fiber to the home and the company’s request for an exemption or code amendment that would allow the company to move forward with their aerial fiber deployment. Respectfully submitted, ________________________ James Ericson City Administrator Draft 2016 - 2020 Five Year Financial Plan City of Mounds View, Minnesota City of Mounds View Five Year Financial Plan General Fund Multi-year Operating Budget 2016 thru 2020 General Assumption 2.5%2.5%3%3%3% 2012 2013 2014 Budget Projected Projected Projected Projected Projected Actual Actual Actual 2015 2016 2017 2018 2019 2020 Revenues:Levy increase percentage 2.00%2.00%3.50%3.50%3.50%3.50% Property taxes - Base levy 3,533,005$ 3,489,818$ 3,440,345$ 3,665,826$ 3,745,209$ 3,936,933$ 4,078,459$ 4,224,223$ 4,376,125$ Property taxes - Special levies 229,145 220,145 217,145 226,145 230,668 238,741 247,097 255,746 264,697 Property taxes - Fire debt levies 93,734 144,627 156,348 158,339 155,439 100,238 100,013 100,496 99,959 Total taxes 3,855,884 3,854,590 3,813,838 4,050,310 4,131,316 4,275,912 4,425,569 4,580,464 4,740,780 Franchise tax 219,581 259,070 336,711 255,000 261,375 267,909 275,947 284,225 292,752 Other taxes 26,718 32,032 43,859 30,000 30,750 31,519 32,464 33,438 34,441 Hotel/motel tax 54,088 60,364 66,367 56,000 62,000 63,550 65,457 67,420 69,443 Licenses and permits 162,955 210,774 246,970 176,842 181,263 185,795 191,368 197,110 203,023 Intergovernmental 587,641 642,900 941,697 948,027 971,728 996,021 1,025,901 1,056,679 1,088,379 Charges for services 27,856 24,142 14,933 19,215 19,695 20,188 20,793 21,417 22,060 Fines & forfeitures 52,054 40,754 40,239 41,000 42,025 43,076 44,368 45,699 47,070 Interest 116,056 (315,747) 521,224 125,000 128,125 131,328 135,268 139,326 143,506 Miscellaneous 308,677 382,921 344,077 256,345 262,754 269,322 277,402 285,724 294,296 Transfers:3%3%3%3%3%3%3% Water Fund 65,410 67,372 69,393 71,475 73,619 75,828 78,103 80,446 82,859 Sewer Fund 51,807 53,361 54,962 56,611 58,309 60,059 61,860 63,716 65,628 Street Light Fund 2,320 2,390 2,462 2,536 2,612 2,690 2,771 2,854 2,940 Storm Water Fund 6,756 6,959 7,168 7,383 7,604 7,833 8,068 8,310 8,559 Vehicle & Equipment Fund 11,340 23,736 38,316 21,000 22,000 23,000 19,000 24,000 24,000 Total revenues 5,549,143 5,345,618 6,542,216 6,116,744 6,255,176 6,454,029 6,664,340 6,890,828 7,119,735 -6.50%2.26%3.18%3.26%3.40%3.32% Operating Expenditures: Legislative Services: City Council 43,857 42,644 46,030 53,153 54,482 55,844 57,519 59,245 61,022 Advisory Commissions 7,600 8,117 14,315 15,100 15,478 15,864 16,340 16,831 17,335 Subtotal 51,457 50,761 60,345 68,253 69,959 71,708 73,860 76,075 78,358 Administrative Services: City Administrator 228,700 233,463 231,848 276,630 283,546 290,634 299,353 308,334 317,584 Elections 38,204 19,955 20,053 23,200 23,780 24,375 25,106 25,859 26,635 Finance 238,066 215,857 232,173 245,969 252,118 258,421 266,174 274,159 282,384 Central Services 176,249 200,970 207,551 235,844 241,740 247,784 255,217 262,874 270,760 Subtotal 681,219 670,245 691,625 781,643 801,184 821,214 845,850 871,226 897,362 Community Development 310,907 323,696 341,593 373,133 382,461 392,023 403,784 415,897 428,374 Police 2,396,561 2,433,361 2,481,263 2,742,001 2,778,118 2,847,571 2,932,998 3,020,988 3,111,618 Fire 300,140 298,217 339,428 375,894 385,291 394,924 406,771 418,974 431,544 Public Works Administration 124,505 129,700 141,537 142,129 145,682 149,324 153,804 158,418 163,171 1 Operating Expenditures: (continued) Parks, Recreation & Forestry: Recreation 95,432 101,502 99,589 112,600 115,415 118,300 121,849 125,505 129,270 Parks 319,776 305,613 307,539 319,170 327,149 335,328 345,388 355,749 366,422 Forestry 53,758 3,744 17,379 87,257 89,438 91,674 94,425 97,257 100,175 Subtotal 468,966 410,859 424,507 519,027 532,003 545,303 561,662 578,512 595,867 Public Works Building & Grounds Mtnce 131,735 137,025 126,707 142,792 146,362 150,021 154,521 159,157 163,932 Vehicle & Equipment Mtnce 93,797 89,805 109,961 113,379 116,213 119,119 122,692 126,373 130,164 Subtotal 225,532 226,830 236,668 256,171 262,575 269,140 277,214 285,530 294,096 Streets: Pavement Management 197,577 188,103 205,625 228,476 234,188 240,043 247,244 254,661 262,301 Snow & Ice Control 115,929 142,795 193,537 135,519 138,907 142,380 146,651 151,051 155,582 Sign Maintenance 35,356 38,861 37,342 65,424 67,060 68,736 70,798 72,922 75,110 Subtotal 348,862 369,759 436,504 429,419 440,154 451,158 464,693 478,634 492,993 Other Convention & Visitor's Bureau 51,384 57,346 63,049 53,200 58,900 60,373 62,184 64,049 65,971 Social Service Coordination 19,221 19,548 19,763 20,178 20,682 21,200 21,835 22,491 23,165 Miscellaneous/contingency 3,177 4,877 4,927 6,500 6,500 6,500 6,500 6,500 6,500 Transfers to EDA - - - 10,000 12,000 15,000 17,000 20,000 23,000 Transfers to Comm Ctr fund 170,000 145,000 165,000 170,000 170,000 170,000 175,000 175,000 180,000 Transfers to Vehicle fund 75,000 90,000 100,000 110,000 150,000 225,000 240,000 250,000 255,000 Transfers to Special Projects fund - - 825,000 50,122 75,000 75,000 100,000 125,000 140,000 Debt service - Fire Bonds 137,499 137,513 148,901 150,799 148,037 95,465 95,250 95,710 95,199 Subtotal 456,281 454,284 1,326,640 570,799 641,119 668,537 717,769 758,750 788,835 Total operating expenditures 5,364,430 5,367,712 6,480,110 6,258,469 6,438,548 6,610,901 6,838,405 7,063,004 7,282,217 Percent increase(decrease) over PY 4.98%0.06%20.72%-3.42%2.88%2.68%3.44%3.28%3.10% Capital Expenditures: Administrative - - - 36,000 - - - - - Police - 59,860 - 19,400 20,000 21,000 22,000 23,000 24,000 Fire 21,956 5,736 22,900 38,925 39,898 40,896 42,122 43,386 44,688 Park & Recreation - 8,016 6,145 - - - - - - Public Works - - 8,668 13,950 - - - - - Subtotal 21,956 73,612 37,713 108,275 59,898 61,896 64,122 66,386 68,688 Total expenditures 5,386,386 5,441,324 6,517,823 6,366,744 6,498,446 6,672,797 6,902,527 7,129,390 7,350,905 Revenue over (under) expenditures 162,757 (95,706) 24,393 (250,000) (243,270) (218,768) (238,187) (238,562) (231,170) Beginning Fund Balance 9,493,378 9,656,135 9,560,429 9,584,822 9,334,822 9,091,552 8,872,784 8,634,597 8,396,034 Ending Fund Balance 9,656,135$ 9,560,429$ 9,584,822$ 9,334,822$ 9,091,552$ 8,872,784$ 8,634,597$ 8,396,034$ 8,164,865$ Assigned for Levy Reduction by Council Res.6,103,255 5,928,819 6,000,280 5,810,283 5,618,386 5,438,615 5,270,195 5,112,423 4,964,672 Assigned for Balancing Subsequent Budget 95,706 533,944 250,000 243,270 218,768 238,187 238,562 231,170 209,802 Unassigned Fund Balance 3,457,174 3,097,666 3,334,542 3,281,269 3,254,398 3,195,981 3,125,840 3,052,442 2,990,391 Total Fund Balance 9,656,135 9,560,429 9,584,822 9,334,822 9,091,552 8,872,784 8,634,597 8,396,034 8,164,865 Unassigned Fund Balance % of subsequent years revenues 64.67%47.35%54.51%52.46%50.42%47.96%45.36%42.87%40.78%2 City of Mounds View Vehicle and Equipment Replacement Fund Veh.Year Original Replace Dept.Manufacturer Model No.Vin Acq.Cost Year Life Police CHEVY IMPALA (Police Chief)061 2G1WB58K569361240 2006 15,507.00 2018 12 ComD CHEVY Cavalier 101 1G1JC52F357170189 2004 9,750.00 2019 15 ComD FORD Ranger Pickup 102 1FTYR10U26PA83660 2006 12,287.50 2021 15 Cent Ser Various Computers, servers, & switches Various 2013 14,352.84 2018 5 Cent Ser Various Computers, servers, & switches Various 2014 4,295.55 2019 5 Cent Ser Various Computers, servers, & switches Various 2015 2020 5 Cent Ser Various Computers, servers, & switches Various 2011 15,095.74 2016 5 Cent Ser Various Computers, servers, & switches Various 2012 7,700.26 2017 5 Cent Ser Various Copiers (3)Various 2014 18,200.00 2019 5 Police CHEVY IMPALA LS (Deputy Chief)071 2G1WB58K079377475 2007 19,252.33 2017 10 Police FORD Crown Victoria (PSO)085 2FAHP71V28X168890 2008 26,705.85 2016 8 Police FORD Crown Victoria (K9)0111 2FABP7BV5BX154316 2011 24,955.89 2016 5 Police CHEVY Tahoe (to be replaced w/SUV Int.0112 1GNSK2EO5BR320699 2011 34,454.75 2016 5 Police FORD Interceptor 0131 1FAHP2M87DG132282 2012 30,321.01 2017 5 Police FORD Interceptor 0141 1FAHP2MK3EG102967 2013 29,837.61 2018 5 Police FORD Interceptor 0142 1FAHP2MKXEG102965 2013 29,837.61 2018 5 Police FORD Interceptor 0143 1FAHP2MK1EG102966 2013 29,837.61 2018 5 Police FORD Interceptor SUV 0144 1FM5K8AR1EGC61627 2014 36,262.00 2019 5 Police CHEVY IMPALA (Detectives)0145 2G1WA5E32E1176673 2014 22,562.82 2024 10 Police FORD Interceptor SUV Ordered 2015 36,000.00 2020 5 Police CHEVY IMPALA (Police Chief)Ordered 2015 29,000.00 2023 8 Pub Safety ONAN Generator for EOC (City Hall)2011 26,692.04 2031 20 Pub Safety Civil Defense Siren 2006 15,220.00 2031 25 Pub Safety Civil Defense Siren 2007 15,593.00 2032 25 Pub Safety Civil Defense Siren 2008 15,749.00 2033 25 Street KBAR Sign trailer 418 4K1KT4C13PK002148 1993 4,078.00 2018 25 Street FORD Crown Victoria (parts car)421 2FAHP71V48X168888 2008 26,705.85 2018 10 Street CASE 621D Loader 423 JEE0135702 2003 89,800.39 2020 17 Street STERLING L 8500 (dump truck)424 2FZAAWAK34AM16187 2003 95,782.84 2017 14 Street BOBCAT BCA125 Compactor 427 6814146-4916-11082 2003 14,052.50 2017 14 Street BOBCAT S650 430 ALJ813178 2014 37,797.84 2015 1 Street STERLING L 8500 (dump truck)437 2FZAAWDC84AN52061 2004 95,782.84 2021 17 Street FORD F150 Pickup (Admin)(to CC)438 1FTRF1458N857852 2004 26,235.15 2017 13 Street BIG TOW Bobcat trailer 439 4KNUB16284L161539 2004 4,024.25 2029 25 Street FORD F350 Pickup 442 1FDWF3657GED35714 2006 27,012.54 2019 13 Street SPAULDING RMV Road Saver (Hot Box)443 T2DRS-07-0205-37 2007 19,191.30 2022 15 Street REDIHAUL Trailer (tilt bed)444 47SS121T881023934 2008 3,414.00 2033 25 Street FREIGHTLINER Dump truck 445 1FVAC3BS2BDBC6824 2012 133,244.95 2026 14 Street DOOSAN Air Compressor 446 435928UAWD95 2012 12,673.23 2032 20 Street FORD Bucket truck (used 2006)447 1FDAF56P86ED52058 2012 48,840.66 2021 9 Street FORD F350 Pickup 448 1FTRF3B60CEC70104 2012 37,353.06 2023 11 Street BEARCAT Cracksealer BK250D (1995)449 20695 2011 4,275.00 2017 6 Street FORD F150 Pickup (Sup)(to PW Admin)450 1FTEX1EM1EKF28595 2014 26,355.96 2027 13 Street FORD F550 w/dump box and compressor 451 1FDUF5HTXFEA71029 2014 73,368.85 2027 13 Park READY HAUL Tandem trailer 303 475F192T9P1008317 1993 4,078.00 2018 25 Park US CARGO Cargo trailer 306 4X4UTS2103W012414 2003 2,923.00 2028 25 Park AEBI TERRATRAC TT75 307 14004 2005 74,839.81 2020 15 Park FORD F250 4X4 Pickup (CC)(to be sold)308 1FTNF215X5ED18387 2005 25,723.77 2018 13 Park FORD Sterling/Precision (Tanker)309 2FZACHDC66AV96438 2006 126,221.86 2021 15 Park FORD F350 Pickup 310 1FDWF35586ED96586 2006 21,678.60 2019 13 3 Target Actual Estimated Age Replacement Replacement Balance New Replacement QUOTE In Balance Balance Surplus Remain To Be Annual Cost YEAR 2015 as of 12/15 as of 12/15 (Deficit)Life Funded Cost - 2006 9 - - - 3 - - 18,000 2007 11 13,200.00 13,200.00 - 4 4,800.00 1,200.00 - 2007 9 - - - 6 - - Total Community Development 1,200.00 19,000 2007 2 7,600.00 7,600.00 - 3 11,400.00 3,800.00 20,000 2007 1 4,000.00 4,000.00 - 4 16,000.00 4,000.00 21,000 2007 0 - - - 5 21,000.00 4,200.00 17,000 2007 4 13,600.00 13,600.00 - 1 3,400.00 3,400.00 18,000 2007 3 10,800.00 10,800.00 - 2 7,200.00 3,600.00 20,500 2007 1 4,100.00 4,100.00 - 4 16,400.00 4,100.00 Total Central Services 23,100.00 28,000 2007 8 22,400.00 22,400.00 - 2 5,600.00 2,800.00 - 2008 7 - - - 1 - - 32,000 2007 4 25,600.00 25,600.00 - 1 6,400.00 6,400.00 37,000 2007 4 29,600.00 29,600.00 - 1 7,400.00 7,400.00 34,000 3 20,400.00 20,400.00 - 2 13,600.00 6,800.00 34,000 2 13,600.00 13,600.00 - 3 20,400.00 6,800.00 34,000 2 13,600.00 13,600.00 - 3 20,400.00 6,800.00 34,000 2 13,600.00 13,600.00 - 3 20,400.00 6,800.00 40,000 2006 1 8,000.00 8,000.00 - 4 32,000.00 8,000.00 30,000 2006 1 3,000.00 3,000.00 - 9 27,000.00 3,000.00 41,000 0 - - - 5 41,000.00 8,200.00 34,800 0 - - - 8 34,800.00 4,350.00 80,000 4 16,000.00 16,000.00 - 16 64,000.00 4,000.00 30,000 2007 9 10,800.00 10,800.00 - 16 19,200.00 1,200.00 30,000 2007 8 9,600.00 9,600.00 - 17 20,400.00 1,200.00 30,000 2007 7 8,400.00 8,400.00 - 18 21,600.00 1,200.00 Total Police 74,950.00 5,800 2006 22 5,104.00 5,104.00 - 3 696.00 232.00 - 2008 7 - - - 3 - - 130,000 2006 12 91,764.71 91,764.71 - 5 38,235.29 7,647.06 150,000 2006 12 128,571.43 128,571.43 - 2 21,428.57 10,714.29 20,000 2006 12 17,142.86 17,142.86 - 2 2,857.14 1,428.57 3,500 2006 1 3,500.00 3,500.00 - 0 - - 165,000 2006 11 106,764.71 106,764.71 - 6 58,235.29 9,705.88 34,000 2006 11 28,769.23 28,769.23 - 2 5,230.77 2,615.39 8,000 2006 11 3,520.00 3,520.00 - 14 4,480.00 320.00 60,000 2006 9 41,538.46 41,538.46 - 4 18,461.54 4,615.39 25,000 2007 8 13,333.33 13,333.33 - 7 11,666.67 1,666.67 6,000 2007 7 1,680.00 1,680.00 - 18 4,320.00 240.00 175,000 2007 3 37,500.00 37,500.00 - 11 137,500.00 12,500.00 32,000 2007 3 4,800.00 4,800.00 - 17 27,200.00 1,600.00 60,000 2007 3 20,000.00 20,000.00 - 6 40,000.00 6,666.67 51,000 2007 3 13,909.09 13,909.09 - 8 37,090.91 4,636.36 12,000 2007 4 8,000.00 8,000.00 - 2 4,000.00 2,000.00 35,000 2006 1 2,692.31 2,692.31 - 12 32,307.69 2,692.31 92,000 2006 1 7,076.92 7,076.92 - 12 84,923.08 7,076.92 Total Streets 76,357.49 7,000 2006 22 6,160.00 6,160.00 - 3 840.00 280.00 4,200 2006 12 2,016.00 2,016.00 - 13 2,184.00 168.00 - 2006 10 - - - 5 - - - 2006 10 - - - 3 - - 150,000 2006 9 90,000.00 90,000.00 - 6 60,000.00 10,000.00 24,000 2006 9 16,615.38 16,615.38 - 4 7,384.62 1,846.16 4 City of Mounds View Vehicle and Equipment Replacement Fund Veh.Year Original Replace Dept.Manufacturer Model No.Vin Acq.Cost Year Life Park WALKER MTGHS mower 312 82973 2006 10,079.82 2016 10 Park CUSHMAN Turf-Truckster 313 2429053 2007 12,023.85 2019 12 Park JACOBSEN Turfcat JRM372 4WD 314 95723402186 2013 21,343.81 2023 10 Park BOB CAT 3400 Utility Vehicle 315 AJNT11764 2013 7,500.00 2023 10 Park AEBI TERRATRAC TT705 316 9098 2013 130,384.23 2028 15 Park AEBI AEBI/SMWA Rev CF225 mower 2013 10,686.49 2028 15 Park AEBI Lastec 126" Batwing mower 2013 16,975.00 2028 15 Park FORD F350 w/service body and compressor 317 1FTBF3A6XFEA71021 2014 65,593.98 2027 13 Park TORO Groundmaster 4000 314000231 2015 57,212.00 2025 10 Park TORO Groundmaster 4000 314000237 2015 57,212.00 2025 10 Storm Tymco 500X mounted on International 4300-M7 Chassis 645 1HTJTSKN1EH018891/201407SNF59502BA2015 259,890.00 2027 12 Storm FORD F250 646 1FTBF2B67BEC30936 2011 27,039.71 2022 11 Water Water tower (fluted column)500,000 gallon 2012 517,019.07 2032 20 Water CAT 446B Backhoe 703 05BL00672 1995 88,281.05 2017 22 Water REDIHAUL WOLFPAC Trailer 705 47SS121T5K1005396 1989 2,129.75 2016 27 Water FORD 4X2 3/4 ton 706 1FTNF20L32EC81193 2002 25,761.85 2017 15 Water ONAN Booster Station (generator)J910431288 1990 2020 30 Water BOBCAT S650 708 ALJ813176 2014 37,797.84 2015 1 Water FORD F350 Pickup 709 1FT8X3A64FEB55441 2014 65,739.00 2027 13 Water BOBCAT Hydraulic Frost Breaker A00Y02317 2007 5,888.39 2022 15 Water Interstate Power Systems 150RJC6DT3 Generator 176142-0608 2008 83,125.61 2033 25 Sewer FORD F250 4X2 834 1FTNF20L11EA62781 2001 35,500.30 2016 15 Sewer FORD E350 Televising 835 1FTSS34P44HB43679 2004 122,300.49 2019 15 Sewer INT'NATL Work Star (sewer jetter)836 1HTWGAZT4CJ591184 2011 326,369.00 2026 15 3,540,777.90 Fund Balance 12-31-2014 Unfunded Balance 5 Target Actual Estimated Age Replacement Replacement Balance New Replacement QUOTE In Balance Balance Surplus Remain To Be Annual Cost YEAR 2015 as of 12/15 as of 12/15 (Deficit)Life Funded Cost 13,500 2006 9 12,150.00 12,150.00 - 1 1,350.00 1,350.00 17,000 2006 8 11,333.33 11,333.33 - 4 5,666.67 1,416.67 29,000 2007 2 5,800.00 5,800.00 - 8 23,200.00 2,900.00 9,000 2006 2 1,800.00 1,800.00 - 8 7,200.00 900.00 173,000 2006 2 23,066.67 23,066.67 - 13 149,933.33 11,533.33 15,000 2006 2 2,000.00 2,000.00 - 13 13,000.00 1,000.00 23,500 2006 2 3,133.33 3,133.33 - 13 20,366.67 1,566.67 87,000 2006 1 6,692.31 6,692.31 - 12 80,307.69 6,692.31 71,500 2006 0 - - - 10 71,500.00 7,150.00 71,500 2006 0 - - - 10 71,500.00 7,150.00 Total Parks 53,953.13 Total General Fund 229,560.62 337,000 2006 0 - - - 12 337,000.00 28,083.33 37,000 2006 4 13,454.55 13,454.55 - 7 23,545.45 3,363.64 Storm Water Fund Total:31,446.97 800,000 3 120,000.00 120,000.00 - 17 680,000.00 40,000.00 128,000 2006 20 116,363.64 116,363.64 - 2 11,636.36 5,818.18 - 2006 26 - - - 1 - - 28,000 2006 13 24,266.67 24,266.67 - 2 3,733.33 1,866.67 125,000 2006 25 104,166.67 104,166.67 - 5 20,833.33 4,166.67 3,500 2006 1 3,500.00 3,500.00 - 0 - - 85,000 2006 1 6,538.46 6,538.46 - 12 78,461.54 6,538.46 6,000 2007 8 3,200.00 3,200.00 - 7 2,800.00 400.00 129,000 2006 7 36,120.00 36,120.00 - 18 92,880.00 5,160.00 Water Fund Total:63,949.97 60,000 2006 14 56,000.00 56,000.00 - 1 4,000.00 4,000.00 140,000 2006 11 102,666.67 102,666.67 - 4 37,333.33 9,333.33 425,000 2007 4 113,333.33 113,333.33 - 11 311,666.67 28,333.33 Sewer Fund Total:41,666.67 4,745,300 1,663,944.06 1,663,944.06 - 3,081,355.94 366,624.23 1,488,813.00 2015 Budgeted transfers 175,131.06 255,887.00 General Fund 110,000.00 57,572.00 Water Fund 58,000.00 53,279.00 Sewer Fund 53,000.00 71,364.00 Storm Water 71,000.00 292,000.00 Under funded Transfers 74,624.23 6 CITY OF MOUNDS VIEW, MINNESOTA CAPITAL IMPROVEMENT PROGRAM WORKSHEET 2015 - 2021 Project / Improvement 410-430 451 480 485 City TIF Park Dedication Special Projects Street Improvement 001 2015 PROJECT IMPROVEMENTS $ 5,246,963 $ 1,050,000 $ 347,500 $ 413,000 $ 1,230,463 002 Street & Utility Imp. Prog. - Closeout G + Const. H + Design I 2,551,463 600,000 880,463 003 Pavement Maint. - sealcoat 350,000 350,000 004 Mustang Drive Pavement Rehab. and Stormwater Imp. (Const.) 525,000 450,000 005 Trailway Rehabilitation - Silver View Park 350,000 350,000 006 CC HVAC, Kitchen remodel, Admin office remodel 63,000 63,000 007 Structure imp on of 2MG Reservoir, Booster Station, & Well #2 200,000 008 Municipal Well No. 6 Pump & Motor Rehabilitation 60,000 009 Drinking Water Building & Process Equipment Improvements 50,000 010 Security cameras for water system 25,000 011 Sewer pipe relining program 250,000 012 Groveland lift station rehabilitation (with area H project) 350,000 013 Local Surface Water Management Plan Projects 25,000 014 Silver View park improvements - disc golf, shelter, irrigation 25,000 25,000 015 Bike racks, Benches, Trash containers, picknick tables, Furniture (BBC) 2,500 2,500 016 Splash pad 200,000 100,000 017 Groveland Park Improvements 220,000 220,000 018 2016 PROJECT IMPROVEMENTS $ 7,048,000 $ - $ 55,000 $ 25,000 $ 4,177,000 019 Street & Utility Improvement Program - Closeout H + Const. I 4,338,000 3,267,000 020 Pavement Rehab - mill & overlay, ful-depth reclamation 125,000 125,000 021 Pavement Maint. - sealcoat 75,000 75,000 022 Other Pavement Maint - parking lots and trails Silver View Park 75,000 75,000 023 CSAH 10 / Co. Rd. H Intersection Improvements 1,100,000 285,000 024 CSAH 10 Trail - Segment 11 (CR H2 - Woodale Dr.) 250,000 125,000 025 CSAH 10 Trail - Segment 6 (Red Oak Dr. - Pleasant View Dr.) 450,000 225,000 026 Relocate irrigation controls above ground Silver View Park 30,000 30,000 027 Hillview hockey rink 25,000 25,000 028 Security cameras for parks 25,000 25,000 029 Water system upgrades plants 1 & 2 25,000 030 Water building and roof repairs plants 4, 5, & 6 80,000 031 Sewer pipe relining program 250,000 032 Demo./Const. New Public Works Maint. Facility (Design phase) 200,000 033 2017 PROJECT IMPROVEMENTS $ 4,216,000 $ - $ - $ - $ 311,000 034 Street & Utility Improvement Program - Closeout Area I 441,000 141,000 035 Pavement Rehab - mill & overlay, ful-depth reclamation 25,000 25,000 036 Pavement Maint. - sealcoat 75,000 75,000 037 CSAH 10 / Woodale Dr. Intersection Improvements 250,000 35,000 038 CSAH 10 / Edgewood Dr. Intersection Improvements 250,000 35,000 039 Demo./Const. New Public Works Maint. Facility (Construction) 2,850,000 040 Municipal Wells No. 1 & 2 Pump & Motor Rehabilitation 75,000 041 Stormwater Conveyance System Improvement Project 75,000 042 Local Surface Water Management Plan Projects 25,000 043 Wastewater Collection System Rehabilitation Project 150,000 Estimated Total Cost Line No. 7 700 730 745 Water Enterprise San. Sewer Enterprise Stormwater Enterprise Franchise City Bonds Municipal State Aid Ramsey County State/Fed Grants Tax Levy Unfunded Amount $ 360,000 $ 740,000 $ 175,000 $ 240,000 $ - $ 291,000 $ - $ 100,000 $ 300,000 $ - 25,000 140,000 75,000 240,000 291,000 300,000 75,000 200,000 60,000 50,000 25,000 250,000 350,000 25,000 100,000 $ 130,000 $ 390,000 $ 75,000 $ 240,000 $ 200,000 $ 291,000 $ 535,000 $ 630,000 $ 300,000 $ - 25,000 140,000 75,000 240,000 291,000 300,000 185,000 630,000 125,000 225,000 25,000 80,000 250,000 200,000 $ 75,000 $ 150,000 $ 100,000 $ - $ 2,850,000 $ - $ 70,000 $ - $ 300,000 $ 360,000 300,000 35,000 180,000 35,000 180,000 2,850,000 75,000 75,000 25,000 150,000 8 CITY OF MOUNDS VIEW, MINNESOTA CAPITAL IMPROVEMENT PROGRAM WORKSHEET 2015 - 2021 Project / Improvement 410-430 451 480 485 City TIF Park Dedication Special Projects Street Improvement Estimated Total Cost Line No. 044 2018 PROJECT IMPROVEMENTS $ 700,000 $ - $ - $ - $ 270,000 045 Pavement Rehab - mill & overlay, ful-depth reclamation 50,000 50,000 046 Pavement Maint. - sealcoat 150,000 150,000 047 CSAH 10 / Co. Rd. H2 Intersection Improvements 500,000 70,000 048 2019 PROJECT IMPROVEMENTS $ 1,030,000 $ - $ - $ - $ 340,000 049 Pavement Rehab - mill & overlay, ful-depth reclamation 50,000 50,000 050 Pavement Maint. - sealcoat 250,000 250,000 051 Municipal Well No. 3 & 5 Pump & Motor Rehabilitation 80,000 052 Wastewater Collection System Rehabilitation Project 150,000 053 CSAH 10 / Long Lake Rd. Intersection Improvements 500,000 40,000 054 2020 PROJECT IMPROVEMENTS $ 530,000 $ - $ - $ - $ 300,000 055 Pavement Rehab - mill & overlay, ful-depth reclamation 50,000 50,000 056 Pavement Maint. - sealcoat 250,000 250,000 057 Municipal Well rehab 80,000 058 Wastewater Collection System Rehabilitation Project 150,000 059 2021 and BEYOND IMPROVEMENTS $ 3,812,000 $ - $ - $ 62,000 $ 50,000 060 Construct Municipal Impound Lot 50,000 061 City Hall irrigation & landscape, Police parking lot lighting 37,000 37,000 062 CSAH 10 Trail - Segment 8 (Knollwood Dr. - Silver Lake Rd.) 250,000 063 CSAH 10 Trail - Segment 7 (Pleasant View Dr. - Knollwood Dr.) 300,000 064 Co. Road H Sidewalk Const. (Silver Lake Rd. - Edgewood Dr.) 275,000 25,000 065 CSAH 10 / Spring Lake Rd. Intersection Improvements 150,000 066 CSAH 10 / Groveland Rd. Intersection Improvements 150,000 067 Other Pavement Maint - parking lots and trails 50,000 50,000 068 Stormwater Conveyance System Improvement Project 50,000 069 CSAH 10 / Co. Rd. I Intersection Improvements 500,000 070 Sediment Removal - Silver View Pond (approx. 2025) 2,000,000 $ 22,582,963 $ 1,050,000 $ 402,500 $ 500,000 $ 6,678,463 9 700 730 745 Water Enterprise San. Sewer Enterprise Stormwater Enterprise Franchise City Bonds Municipal State Aid Ramsey County State/Fed Grants Tax Levy Unfunded Amount $ - $ - $ - $ - $ - $ - $ 70,000 $ - $ - $ 360,000 70,000 360,000 $ 80,000 $ 150,000 $ - $ - $ - $ - $ 100,000 $ - $ - $ 360,000 80,000 150,000 100,000 360,000 $ 80,000 $ 150,000 $ - $ - $ - $ - $ - $ - $ - $ - 80,000 150,000 $ - $ - $ 2,050,000 $ - $ - $ - $ 165,000 $ 580,000 $ - $ 905,000 50,000 - - 250,000 - - 300,000 25,000 225,000 20,000 110,000 20,000 20,000 110,000 20,000 50,000 100,000 360,000 40,000 2,000,000 $ 725,000 $ 1,580,000 $ 2,400,000 $ 480,000 $ 3,050,000 $ 582,000 $ 940,000 $ 1,310,000 $ 900,000 $ 1,985,000 10 City of Mounds View Capital Improvement Plan 2016 thru 2020 Impact on Capital Projects Funds' Cash Balances Special Street Park Vehicle and Projects Improvement Dedication Equipment Total Cash balance, Dec. 31, 2014 1,232,280$ 7,338,814$ 494,936$ 1,490,072$ 10,556,102$ Revenues 2015: Taxes - 555,000 - - 555,000 Tax increment - 1,050,000 - - 1,050,000 Special assessments - 20,000 - - 20,000 Intergovernmental: State - 315,000 - - 315,000 Federal - - - - - County - - - - - Miscellaneous: Investment income 12,323 75,000 2,000 - 89,323 Developer payments - - 6,000 - 6,000 Proceeds from bond sale - - - - - Operating transfer in 50,122 240,000 - 292,000 582,122 Total revenue 62,445 2,255,000 8,000 292,000 2,617,445 Available Resources 1,294,725 9,593,814 502,936 1,782,072 13,173,547 Expenditures 2015: Government buildings & equip 63,000 - - - 63,000 Public safety - - - 65,000 65,000 Streets, highways, & utilities - 3,351,463 - - 3,351,463 Sidewalks & trails 350,000 - - - 350,000 Parks & recreation - - 347,500 115,000 462,500 Operating transfers out - - - 231,000 231,000 Total expenditures 413,000 3,351,463 347,500 411,000 4,522,963 Surplus of revenues over (under) expenditures (350,555) (1,096,463) (339,500) (119,000) (1,905,518) Cash balance, Dec. 31, 2015 881,725$ 6,242,351$ 155,436$ 1,371,072$ 8,650,584$ 11 City of Mounds View Capital Improvement Plan 2016 thru 2020 Impact on Capital Projects Funds' Cash Balances Special Street Park Vehicle and Projects Improvement Dedication Equipment Total Cash balance, Dec. 31, 2015 881,725$ 6,242,351$ 155,436$ 1,371,072$ 8,650,584$ Revenues 2016: Taxes - 555,000 - - 555,000 Tax increment - - - - - Special assessments - 20,000 - - 20,000 Intergovernmental: State - 291,000 - - 291,000 Federal - - - - - County - - - - - Miscellaneous: Investment income 8,817 62,424 1,554 - 72,795 Developer payments - - 2,000 - 2,000 Proceeds from bond sale - - - - Operating transfer in 100,000 240,000 - 262,000 602,000 Total revenue 108,817 1,168,424 3,554 262,000 1,542,795 Available Resources 990,542 7,410,775 158,990 1,633,072 10,193,379 Expenditures 2016: Government buildings & equip 200,000 - - - 200,000 Public safety - - - 69,000 69,000 Streets, highways, & utilities 25,000 5,248,000 - 7,140 5,280,140 Sidewalks & trails - - - - - Parks & recreation - - 55,000 13,500 68,500 Operating transfers out - - - 77,000 77,000 Total expenditures 225,000 5,248,000 55,000 166,640 5,694,640 Surplus of revenues over (under) expenditures (116,183) (4,079,576) (51,446) 95,360 (4,151,845) Cash balance, Dec. 31, 2016 765,542$ 2,162,775$ 103,990$ 1,466,432$ 4,498,739$ 12 City of Mounds View Capital Improvement Plan 2016 thru 2020 Impact on Capital Projects Funds' Cash Balances Special Street Park Vehicle and Projects Improvement Dedication Equipment Total Cash balance, Dec. 31, 2016 765,542$ 2,162,775$ 103,990$ 1,466,432$ 4,498,739$ Revenues 2017: Taxes - 255,000 - - 255,000 Tax increment - - - - - Special assessments - 20,000 - - 20,000 Intergovernmental: State - - - - - Federal - - - - - County - 70,000 - - 70,000 Miscellaneous: Investment income 7,655 21,628 1,040 - 30,323 Developer payments - - 2,000 - 2,000 Proceeds from bond sale 3,100,000 - - - 3,100,000 Operating transfer in 100,000 - - 288,000 388,000 Total revenue 3,207,655 366,628 3,040 288,000 3,865,323 Available Resources 3,973,197 2,529,402 107,030 1,754,432 8,364,062 Expenditures 2017: Government buildings & equip 2,900,000 - - 2,900,000 Public safety - - - 62,000 62,000 Streets, highways, & utilities - 611,000 - 223,282 834,282 Sidewalks & trails - - - - - Parks & recreation - - - - - Operating transfers out - - - 174,000 174,000 Total expenditures 2,900,000 611,000 - 459,282 3,970,282 Surplus of revenues over (under) expenditures 307,655 (244,372) 3,040 (171,282) (104,959) Cash balance, Dec. 31, 2017 1,073,197$ 1,918,402$ 107,030$ 1,295,150$ 4,393,780$ 13 City of Mounds View Capital Improvement Plan 2016 thru 2020 Impact on Capital Projects Funds' Cash Balances Special Street Park Vehicle and Projects Improvement Dedication Equipment Total Cash balance, Dec. 31, 2017 1,073,197$ 1,918,402$ 107,030$ 1,295,150$ 4,393,780$ Revenues 2018: Taxes - 255,000 - - 255,000 Tax increment - - - - - Special assessments - 20,000 - - 20,000 Intergovernmental: State - - - - - Federal - - - - - County - - - - - Miscellaneous: Investment income 10,732 19,184 1,070 - 30,986 Developer payments - - 2,000 - 2,000 Proceeds from bond sale - - - - - Operating transfer in 110,000 - - 363,000 473,000 Total revenue 120,732 294,184 3,070 363,000 780,986 Available Resources 1,193,929 2,212,586 110,101 1,658,150 5,174,766 Expenditures 2018: Government buildings & equip - - - - Public safety - - - 102,000 102,000 Streets, highways, & utilities - 270,000 - 13,228 283,228 Sidewalks & trails - - - - - Parks & recreation - - - 69,000 69,000 Operating transfers out - - - 19,000 19,000 Total expenditures - 270,000 - 203,228 473,228 Surplus of revenues over (under) expenditures 120,732 24,184 3,070 159,772 307,758 Cash balance, Dec. 31, 2018 1,193,929$ 1,942,586$ 110,101$ 1,454,922$ 4,701,538$ 14 City of Mounds View Capital Improvement Plan 2016 thru 2020 Impact on Capital Projects Funds' Cash Balances Special Street Park Vehicle and Projects Improvement Dedication Equipment Total Cash balance, Dec. 31, 2018 1,193,929$ 1,942,586$ 110,101$ 1,454,922$ 4,701,538$ Revenues 2019: Taxes - 255,000 - - 255,000 Tax increment - - - - - Special assessments - 20,000 - - 20,000 Intergovernmental: State - - - - - Federal - - - - - County - - - - - Miscellaneous: Investment income 11,939 19,426 1,101 - 32,466 Developer payments - - 2,000 - 2,000 Proceeds from bond sale - - - - - Operating transfer in 125,000 - - 378,000 503,000 Total revenue 136,939 294,426 3,101 378,000 812,466 Available Resources 1,330,869 2,237,012 113,202 1,832,922 5,514,004 Expenditures 2019: Government buildings & equip - - - 18,000 18,000 Public safety - - - 40,000 40,000 Streets, highways, & utilities - 300,000 - 67,578 367,578 Sidewalks & trails - - - - - Parks & recreation - - - 41,000 41,000 Operating transfers out - - - 184,500 184,500 Total expenditures - 300,000 - 351,078 651,078 Surplus of revenues over (under) expenditures 136,939 (5,574) 3,101 26,922 161,388 Cash balance, Dec. 31, 2019 1,330,869$ 1,937,012$ 113,202$ 1,481,844$ 4,862,926$ 15 City of Mounds View Capital Improvement Plan 2016 thru 2020 Impact on Capital Projects Funds' Cash Balances Special Street Park Vehicle and Projects Improvement Dedication Equipment Total Cash balance, Dec. 31, 2019 1,330,869$ 1,937,012$ 113,202$ 1,481,844$ 4,862,926$ Revenues 2020: Taxes - 255,000 - - 255,000 Tax increment - - - - - Special assessments - 20,000 - - 20,000 Intergovernmental: State - - - - - Federal - - - - - County - - - - - Miscellaneous: Investment income 13,309 19,370 1,132 - 33,811 Developer payments - - 2,000 - 2,000 Proceeds from bond sale - - - - - Operating transfer in 140,000 - - 393,000 533,000 Total revenue 153,309 294,370 3,132 393,000 843,811 Available Resources 1,484,177 2,231,382 116,334 1,874,844 5,706,737 Expenditures 2020: Government buildings & equip - - - - - Public safety - - - 41,000 41,000 Streets, highways, & utilities - 300,000 - 137,728 437,728 Sidewalks & trails - - - - - Parks & recreation - - - - - Operating transfers out - - - 148,500 148,500 Total expenditures - 300,000 - 327,228 627,228 Surplus of revenues over (under) expenditures 153,309 (5,630) 3,132 65,772 216,583 Cash balance, Dec. 31, 2020:1,484,177$ 1,931,382$ 116,334$ 1,547,616$ 5,079,509$ 16 City of Mounds View Water Utility 2016 Rate Study 2.50%2.50%3.00%3.00%3.00% Actual Actual Actual Budget Projected Projected Projected Projected Projected 2012 2013 2014 2015 2016 2017 2018 2019 2020 Expenses Personnel services 300,768$ 269,496$ 336,366$ 351,239$ 360,020$ 369,020$ 380,091$ 391,494$ 403,239$ Supplies & materials 60,107 82,820 86,392 66,385 68,045 69,746 71,838 73,993 76,213 Contractual services 217,545$ 256,584 211,884 242,458 248,519 254,732 262,374 270,246 278,353 Water service line repairs 59,509 170,240 121,561 80,000 82,000 84,050 86,572 89,169 91,844 Depreciation 220,231 251,946 254,991 245,000 255,000 255,000 255,000 255,000 255,000 Debt service - interest 9,806 680 - - - - - - - Transfers to other funds 223,410 225,372 129,393 154,475 138,619 140,828 143,103 145,446 147,859 Contingency - - - 15,000 15,000 15,000 15,000 15,000 15,000 Total Expenses 1,091,376 1,257,138 1,140,587 1,154,557 1,167,203 1,188,377 1,213,978 1,240,347 1,267,507 Revenues Metered water sales 883,322 858,188 845,981 956,974 949,466 1,012,763 1,054,962 1,076,061 1,097,160 Meter charge 1,806 1,269 855 1,000 1,000 1,000 1,000 1,000 1,000 Water service line repair fee 52,562 54,980 65,848 85,000 85,000 85,000 85,000 85,000 85,000 Investment income (charges)3,838 (8,287) 8,909 1,000 (2,411) (2,153) (979) 2,773 4,897 Miscellaneous revenues 6,041 8,470 64,079 6,000 6,180 6,365 6,556 6,753 6,956 Transfers from vehicle & equipment fund 289,000 - 72,000 - - 156,000 - - 125,000 Total Revenues 1,236,569 914,620 1,057,672 1,049,974 1,039,234 1,258,976 1,146,540 1,171,587 1,320,013 Change in net position 145,193 (342,518) (82,915) (104,583) (127,969) 70,599 (67,439) (68,761) 52,506 Net position - begining of year 4,273,002 4,418,195 4,075,677 3,992,762 3,888,179 3,760,210 3,830,809 3,763,371 3,694,610 Net position - end of year 4,418,195$ 4,075,677$ 3,992,762$ 3,888,179$ 3,760,210$ 3,830,809$ 3,763,371$ 3,694,610$ 3,747,116$ Cash flows Change in net position 145,193$ (342,518)$ (82,915)$ (104,583)$ (127,969)$ 70,599$ (67,439)$ (68,761)$ 52,506$ Deduct: Capital outlays - equipment - (29,669) (83,628) (56,750) (4,800) (156,000) - - (125,000) Construction (652,851) (27,477) (325,981) (260,000) (105,000) (75,000) - (80,000) - Debt service - principal (215,000) (230,000) - - - - - - - Add back: Depreciation 220,231 251,946 254,991 245,000 255,000 255,000 255,000 255,000 255,000 Change in receivables/payables (cashflow stmt.)(64,440) 7,285 148,327 - - - - - - Cash - Beginning of Year 1,042,080 475,213 104,780 15,574 (160,759) (143,528) (48,928) 138,633 244,872 Cash - End of Year 475,213$ 104,780$ 15,574$ (160,759)$ (143,528)$ (48,928)$ 138,633$ 244,872$ 427,378$ Residential 5.88%5.56%5.26%5.00%7.14%6.67%4.17%2.00%1.96% Water rate 1st 15,000 gallons used 1.80$ 1.90$ 2.00$ 2.10$ 2.25$ 2.40$ 2.50$ 2.55$ 2.60$ Water rate 2nd 15,000 gallons used 1.98 2.09 2.20 2.31 2.48 2.64 2.75 2.81 2.86 Water rate over 30,000 gallons used 2.28 2.40 2.53 2.66 2.85 3.04 3.16 3.23 3.29 Residential annual based on 20,000 gal. per quarter 147.60 155.80 164.00 172.20 184.50 196.80 205.00 209.10 213.20 C/I annual based on 215,000 gal. per quarter 1,594.80 1,683.40 1,772.00 1,860.60 1,993.50 2,126.40 2,215.00 2,259.30 2,303.60 17 City of Mounds View Sewer Utility 2016 Rate Study 2.5%2.5%3%3%3% Actual Actual Actual Budget Projected Projected Projected Projected Projected 2012 2013 2014 2015 2016 2017 2018 2019 2020 Expense Personnel services 282,758$ 293,644$ 317,133$ 350,953$ 359,727$ 368,720$ 379,782$ 391,175$ 402,910$ Supplies & materials 30,976 19,347 28,738 36,354 37,263 38,194 39,340 40,520 41,736 Contractual services 50,016 109,405 75,053 114,127 116,980 119,905 123,502 127,207 131,023 MCES disposal charges 760,913 816,267 827,962 832,084 852,886 874,208 900,435 927,448 955,271 Depreciation 165,698 166,533 165,752 167,000 167,000 167,000 167,000 167,000 167,000 Transfers to other funds 247,807 249,361 230,962 249,611 240,309 102,028 103,829 105,684 107,595 Contingency - - - 15,000 15,000 15,000 15,000 15,000 15,000 Total Expenses 1,538,168 1,654,557 1,645,600 1,765,129 1,789,165 1,685,055 1,728,887 1,774,034 1,820,535 1,600,150 1,682,622 Revenues 4.00%5.00%6.00%8.00%6.00%4.00%4.00%5.00% Sanitary sewer service 1,191,406 1,234,628 1,324,800 1,416,821 1,526,422 1,606,086 1,670,329 1,737,142 1,823,999 Service availability charges 350 850 1,200 - - - - - - Investment income 31,367 (79,782) 128,383 30,000 25,302 24,246 31,573 42,967 52,252 Miscellaneous revenues 750 - 30,000 - - - - - - Transfers from vehicle fund - - - - 60,000 - - 140,000 - Total Revenues 1,223,873 1,155,696 1,484,383 1,446,821 1,611,724 1,630,331 1,701,902 1,920,109 1,876,252 Change in net position (314,295) (498,861) (161,217) (318,308) (177,441) (54,724) (26,985) 146,075 55,716 Net position - beginning of year 5,228,379 4,914,084 4,415,223 4,254,006 3,935,698 3,758,258 3,703,533 3,676,548 3,822,623 Net position - end of year 4,914,084 4,415,223 4,254,006 3,935,698 3,758,258 3,703,533 3,676,548 3,822,623 3,878,340 Cash Flows Change in net position (314,295) (498,861) (161,217) (318,308) (177,441) (54,724) (26,985) 146,075 55,716 Deduct: Capital outlays - equipment (7,492) - (7,308) (14,750) (60,000) - - (140,000) - Construction - - - (600,000) - (150,000) - (150,000) - Add back: Depreciation 165,698 166,533 165,752 167,000 167,000 167,000 167,000 167,000 167,000 Change in receivables/payables 53,561 (2,320) (90,532) - - - - - - Cash - Beginning of Year 2,983,355 2,880,827 2,546,179 2,452,874 1,686,816 1,616,375 1,578,651 1,718,666 1,741,741 Cash - End of Year 2,880,827$ 2,546,179$ 2,452,874$ 1,686,816$ 1,616,375$ 1,578,651$ 1,718,666$ 1,741,741$ 1,964,457$ Residential equivalent connection rate 60.79$ 63.22$ 66.38$ 70.36$ 75.99$ 80.55$ 83.77$ 87.13$ 91.48$ Residential fixed rate 24.75 25.74 27.03 28.65 30.94 32.80 34.11 35.47 37.25 Residential variable rate 1.97 2.05 2.15 2.28 2.46 2.61 2.72 2.83 2.97 Annual based on 20,000 gal. per quarter 256.60 266.96 280.31 297.13 320.90 340.15 353.76 367.91 386.30 MCES Rate increase -1.95%7.27%1.43%0.50%2.50%2.50%3.00%3.00%3.00%18 City of Mounds View Street Light Utility 2016 Rate Study 2.5%2.5%3%3%3% Actual Actual Actual Budget Projected Projected Projected Projected Projected 2012 2013 2014 2015 2016 2017 2018 2019 2020 Expenses Personnel services 3,684$ 3,598$ 3,769$ 8,259$ 8,465$ 8,677$ 8,937$ 9,206$ 9,482$ Supplies & materials - - - 1,000 1,025 1,051 1,082 1,115 1,148 Contractual services 78,729 92,976 64,999 93,900 96,248 98,654 101,613 104,662 107,802 Transfer to other funds 2,320 2,390 2,462 2,536 2,599 2,664 2,744 2,827 2,911 Total Expenses 84,733 98,964 71,230 105,695 108,337 111,046 114,377 117,808 121,343 Revenues Street light service fee 76,231 82,625 88,052 92,067 100,712 106,636 112,561 118,485 118,485 Investment income (charges)1,262 (3,218) 5,251 1,300 1,635 2,061 2,517 3,041 3,153 Total Revenues 77,493 79,407 93,303 93,367 102,348 108,697 115,078 121,526 121,638 Net change in position (7,240) (19,557) 22,073 (12,328) (5,990) (2,349) 701 3,718 295 Net position - begining of year 142,146 134,906 115,349 137,422 125,094 119,105 116,756 117,456 121,174 Net position - end of year 134,906$ 115,349$ 137,422$ 125,094$ 119,105$ 116,756$ 117,456$ 121,174$ 121,469$ Cash flows Net change in position (7,240)$ (19,557)$ 22,073$ (12,328)$ (5,990)$ (2,349)$ 701$ 3,718$ 295$ Add back: Change in receivables/payables (891) (8,827) 5,408 - - - - - - Cash - Beginning of Year 130,383 122,252 93,868 121,349 109,021 103,032 100,683 101,383 105,101 Cash - End of Year 122,252$ 93,868$ 121,349$ 109,021$ 103,032$ 100,683$ 101,383$ 105,101$ 105,396$ 7.69%7.14%6.67%6.25%5.88%5.56%5.26%0.00% Quarterly residential service fee 3.25$ 3.50$ 3.75$ 4.00$ 4.25$ 4.50$ 4.75$ 5.00$ 5.00$ Annual fee 13.00$ 14.00$ 15.00$ 16.00$ 17.00$ 18.00$ 19.00$ 20.00$ 20.00$ Residential (includes apt units)3,700 3,700 3,700 3,700 3,700 3,700 3,700 3,700 3,700 Comm/Industrial 96 96 96 96 96 96 96 96 96 Average Comm/Industrial chg 75.3 81.09 86.88 92.68 98.47 104.26 110.05 115.85 115.85 Residential 48,100 51,800 55,500 59,200 62,900 66,600 70,300 74,000 74,000 Commercial 28,915 31,139 33,364 35,588 37,812 40,036 42,261 44,485 44,485 77,015 82,939 88,864 94,788 100,712 106,636 112,561 118,485 118,48519 City of Mounds View Storm Water Utility 2016 Rate Study 2.5%2.5%3%3%3% Actual Actual Budget Projected Projected Projected Projected Projected Projected 2012 2013 2014 2015 2016 2017 2018 2019 2020 Expenses Personnel services 85,103 88,692 90,005 119,206 122,186 125,241 128,998 132,868 136,854 Supplies & materials 26,565 16,324 25,100 25,853 26,499 27,162 27,977 28,816 29,680 Contractual services 14,987 22,159 68,105 70,148 71,902 73,699 75,910 78,188 80,533 Depreciation 31,397 30,707 32,000 32,000 31,000 31,000 31,000 31,000 31,000 Transfers to other funds 62,756 62,959 98,168 98,383 98,604 23,832 24,067 24,310 24,310 Total Expenses 220,808 220,841 313,378 345,590 350,191 280,934 287,952 295,182 302,378 Revenues 0%0%0%0%0%0%10%9%9% Storm water service fee 266,395 268,587 265,000 265,000 267,000 267,000 293,700 320,133 348,945 Investment income 18,879 (51,529) 22,000 16,607 23,305 28,996 34,897 44,025 47,025 Other income - - - - - - - - - Transfers from vehicle fund - - - 170,000 - - - - - Total Revenues 285,274 217,058 287,000 451,607 290,305 295,996 328,597 364,158 395,970 Net change in position 64,466 (3,783) (26,378) 106,017 (59,886) 15,062 40,645 68,977 93,592 Net position - beginning of year 2,995,236 3,059,702 3,055,919 3,029,541 3,135,558 3,075,672 3,090,734 3,131,378 3,200,355 Net position - end of year 3,059,702 3,055,919 3,029,541 3,135,558 3,075,672 3,090,734 3,131,378 3,200,355 3,293,947 Cash Flows Net change in position 64,466$ (3,783)$ (26,378)$ 106,017$ (59,886)$ 15,062$ 40,645$ 68,977$ 93,592$ Deduct: Capital outlays - equipment - - (4,250) (170,000) - - - - - Construction - - (125,000) (75,000) (75,000) (100,000) - - - Add back: Depreciation 31,397 30,707 32,000 32,000 31,000 31,000 31,000 31,000 31,000 Change in receivables/payables (9,228) (2,445) - - - - - - - Cash - begining of Year 1,673,186 1,759,821 1,784,300 1,660,672 1,553,689 1,449,803 1,395,865 1,467,509 1,567,486 Cash - end of year 1,759,821$ 1,784,300$ 1,660,672$ 1,553,689$ 1,449,803$ 1,395,865$ 1,467,509$ 1,567,486$ 1,692,078$ 10%9%0% Quarterly residential service fee 10.00$ 10.00$ 10.00$ 10.00$ 10.00$ 10.00$ 11.00$ 12.00$ 12.00$ Annual fee 40.00 40.00 40.00 40.00 40.00 40.00 44.00 48.00 48.00 20 THIS PAGE LEFT BLANK INTENTIONALLY 21 Item No. 5 Meeting Date: May 4, 2015 Type of Business: Work Session City Administrator Review: ______ City of Mounds View Staff Report To: Honorable Mayor and City Council From: Mark Beer, Finance Director Item Title/Subject: Five Year Financial Plan for 2016 thru 2020 Introduction: The City Charter, Chapter 7.05, requires that a five year financial plan be prepared annually. It must be presented at a public hearing and adopted by motion or resolution. Notice was published for the Council meeting on May 11, 2015 in the Sun Focus and residents are welcome to comment on the plan at this meeting. The components of the Five Year Financial Plan are attached for Council consideration. There are several components to the Five Year Financial Plan. These are the General Fund Multi-year Operating Budget, the Vehicle & Equipment Replacement Plan, the Capital Improvement Program, the Impact on Capital Projects Funds’ Cash Balance, and Utility Rate Studies. This five year plan should be considered a work-in-progress and a guide for Council and Staff to make longer range decisions. As new information becomes available and conditions change we can update the components to determine the longer range effect. General Fund Multi-year Operating Budget: The multi-year operating budget for the General Fund includes Local Government Aid (LGA) at 90% of the anticipated amount for 2015 and beyond. The Council made a transfer to the Special Projects Fund in 2014 to begin to replenish the fund and budgeted for a small transfer in 2015. The City is projected to receive $655,531 in LGA for 2015 and current law projects approximately $666,795 for 2016 The plan reflects a 2.50% increase in expenditures for 2016/17 and 3% for the remaining years. A 2% levy increase is reflected for 2016 and 4% for all years after 2016. When possible staff used known amounts instead of projections. The 2014 and 2015 levies were increased by 2%, 2016 reflects a 2% increase but may be adjusted as we develop the 2016 budget and better information becomes available. This version of the budget assumes that there will be no additions to personnel or other major changes in operating expenditures. Capital Improvement Program (CIP): The Capital Improvement Program has been updated to reflect changes in the project list and is presented for your consideration. There are a number of projects that were anticipated to be funded with unobligated tax increment, but will have to have another funding source and are reflected as unfunded in the CIP. Vehicle and Equipment Replacement Plan The schedule has been updated to reflect retirements, new acquisitions, and changes to expected useful lives. The current amounts transferred to the Vehicle and Equipment Fund from the participating funds is sufficient to maintain replacement levels except for the General Fund. The General Fund amount was reduced to balance the budgets in 2010, 2011, 2012, and 2013 but has been systematically increased starting in 2013. There is an unfunded balance of $175,000 compared with the prior year of $185,000. Impact on Capital Projects Funds’ Cash Balances: This presents the sources and uses and impacts to cash for the Capital Improvement Program on the four capital projects funds for the five year period of this report, 2016 thru 2020. Utility Rate Studies Rate studies are included for the utility funds. (water, sewer, storm water, street light) The water and sewer rates should be considered for an increase in 2016. The water rate is proposed to increase by $.15 in 2016, which will add about $12 a year to the average bill based on 20,000 gallons per quarter. The sewer rate is proposed to increase by 8% in 2016, which will add $24 a year to the average residential bill. The need for an increase in both the water and sewer funds is generated by significant capital expenses from deferred maintenance, additional personnel and increases in disposal charges by Metropolitan Council Environmental Services for the current and previous years. Future increases will need to be considered until both funds stabilize. The storm water rate can be maintained at the current level. Future increases will need to be considered for dredging Silver View pond beginning in 2018. The street light rate is proposed to increase by $.25 per quarter which will add $1 per year to residential utility bills. The increase is needed to support the transition to LED trail/sidewalk lighting. Water service repair insurance is currently $7.50 per quarter and we will need to monitor this for future increases. There have been significant increases in repairs that have occurred over the last three years. Five Year Financial Plan Adoption: The Five Year Plan is a blueprint for future years and is only one possible scenario. It is intended to be changed as priorities change and more current information becomes available. Staff welcomes Council comments and direction on any desired changes. Once adopted the five year financial plan will be published on the City’s website. Respectfully Submitted, Mark Beer Item No: 6 Meeting Date: May 4, 2015 Type of Business: Work Session City of Mounds View Staff Report To: Honorable Mayor and City Council From: James Ericson, City Administrator Item Title/Subject: Review Levy Reduction Fund Balance and Consider Possibility to Draw from Fund for Capital Projects Introduction: At a recent Council meeting, members discussed the possibility of repurposing dollars from the Levy Reduction Fund to support capital projects that might otherwise be unfunded or would require levying an additional amount to cover the anticipated costs of desired capital projects. Discussion: The Levy Reduction Fund (LRF) was created with proceeds from the sale of the former golf course land to Medtronic for the construction of their 1.2 million square foot cardiac disease rhythm management (CRDM) headquarters. As of December 31, 2014, the LRF balance was $6,000,280. Finance Director Beer created a spreadsheet (attached) that illustrates the planned annual drawdowns through 2033, the year the Medtronic TIF District is planned to decertify. The spreadsheet demonstrates a capacity to annually repurpose additional amounts from the LRF to support other projects, however it would be beneficial to have an excess balance beyond 2033 to gradually phase in the additional levy required to make up for the future absence of the LRF transfers. In 2034, the levy would need to be increased by 3.38% just to make up for what the LRF would have added to the general fund, not counting any additional levy increase to keep pace with inflation, rising personnel costs and other planned expenses. Recommendation: While it would appear possible to repurpose amounts from the LRF to support other capital projects and one-time expenditures, the Council should be aware that any excess drawdown approved would reduce the ending balance by the amount of the drawdown plus the lost compounded interest that would have accrued over time. Respectfully submitted, ________________________ James Ericson City Administrator Attachment: 1. Levy Reduction Fund Spreadsheet