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HomeMy WebLinkAbout2018 Budget BookCity of St. Anthony Village 3301 Silver Lake Road St. Anthony, Minnesota 55418 www.savmn.com City of St. Anthony ANNUAL BUDGET 2018 The 2018 Annual Budget is a document that provides the fi nancial framework for the City’s operations in the upcoming year. It helps to ensure that the City’s resources are used in a cost eff ective manner to maintain City services and to provide for long term-capital needs. The information herein includes detail budgets for the City’s general operating fund, enterprise funds, special revenue funds, capital funds, debts service funds and overall budget information. TABLE OF CONTENTS     Principal City Officials .................................................. 1 Organizational Chart .................................................... 2 Management Summary ................................................ 3 GENERAL FUND Revenues Summary ............................................... 10 Revenues Graph ..................................................... 11 Expenditures Summary ......................................... 12 Expenditures Graph ............................................... 13 Overview of Departments ..................................... 14 Revenues Detail ..................................................... 16 Expenditures Detail .............................................. 19 Mayor/Council ....................................................... 19 General Management ............................................ 19 Planning ................................................................... 19 Elections................................................................... 20 Financial Services ................................................... 20 Legal ......................................................................... 21 Assessing ................................................................. 21 City Buildings ......................................................... 21 Cable Franchise ...................................................... 22 Police Protection ..................................................... 22 Fire Protection......................................................... 23 Protective Inspections ............................................ 24 Emergency Management ...................................... 24 Public Works ........................................................... 25 Parks......................................................................... 26 Other Expenditures & Transfers .......................... 27 ENTERPRISE FUNDS Liquor Operations Combined Operations ......................................... 30 Utility Fund Summary ............................................................... 32 Water ...................................................................... 33 Sewer ...................................................................... 35 SPECIAL REVENUE FUNDS Housing & Redevelopment ...................................... 38 Recycling ..................................................................... 39 Forfeiture ..................................................................... 40 Fire Educator/Training ............................................. 41 Community Service Center ...................................... 42 CAPITAL FUNDS Capital Improvement Plan Overview ............................................................... 44 Summary Detail .................................................... 45 Building Improvement .............................................. 47 Street Improvement Project ...................................... 48 Public Utility Infrastructure ..................................... 49 Stormwater Improvement......................................... 50 Park Improvement ..................................................... 51 DEBT SERVICE FUNDS Street Improvement Debt Service ............................ 54 Tax Abatement & Lease Revenue Debt .................. 56 BUDGET INFORMATION Budget Calendar .......................................................... 60 How are my taxes used ............................................... 61 Salaries .......................................................................... 62 City Fund Balances ...................................................... 66 Financial Management Policy .................................... 67 CITY OF ST. ANTHONY VILLAGE 3301 Silver Lake Road St. Anthony, MN 55418 Phone: (612) 782-3301 Fax: (612) 782-3302 website: www.savmn.com e-mail: city@savmn.com twitter: @cityofstanthony Principal City Officials Mayor Jerome O. Faust Council Members Hal Gray Jan Jenson Thomas Randle Randy Stille City Staff Mark Casey, City Manager Nicole Miller, City Clerk Shelly Rueckert, Finance Director Mark Sitarz, Fire Chief Michael Larson, Liquor Operations Manager Jon Mangseth, Police Chief Jay Hartman, Public Works Director Charlie Yunker, Assistant to City Manager 1 Engineer - WSB & Associates Full-Time Positions = 57 Financial - Ehlers & Associates Part-Time Positions = 50 Legal - Dorsey & Whitney Public Works Seasonal = 10 Planner - WSB & Associates Police Reserves (Unpaid) = 12 Building Inspections - City of New Brighton Consultants Parks Commission City Manager 5 Full time Employees 25 Part time Employees FINANCE 2018 ADMINISTRATION 7 Full time Employees 24 Part time Employees MAYOR AND COUNCIL MEMBERS Planning Commission City Clerk POLICE St. Anthony Organizational Chart LIQUOR OPERATIONS Assistant to the City Manager 1 Shared Employee 23 Full time Employees5 Full time Employees 12 Reserve Officers PUBLIC WORKS 14 Full time Employees FIRE 10 Seasonal Employees 2 Management Summary In preparing the 2018 Budget, Staff continued its mission to maintain a high level of City services with the use of financially conservative budgeting. The 2018 Budget resulted in a $399,226 increase over last year’s levy amount, equating to a 6.19% levy increase. General and HRA Funds Each year the General Fund revenue and expenditure budget line items are examined for changes in expected collections/charges, labor adjustments, changes in contract rates, insurance rates, utility costs, usage of various materials or needs, etc. The findings of this examination produce the drivers associated with the proposed 11.25% increase in the General Fund Levy equaling a $402,041 increase- see below:  Personnel costs - 71% of General Fund expenditures*, overall costs down $228,877 or 4.51%  The Unions wage increases at the 2018 contracts amounts  Health Insurance premium increase of 9% is shared 50/50 by City and the Union and Non-union employees Consistent with the Union contracts  Union Longevity and Step increases  Reflects the reduction of three police officer positions and absorbing the cost sharing of supervisory positions previously funded by the Falcon Heights police contract.  Contracted services - 8% of expenditures, overall costs down $33,189  Public Works Miscellaneous contract costs lower by $10,334  Contracted planning costs shared with HRA Fund reducing General Fund cost by $14,925  School district portion of Ramsey County Elections contracted services billed directly to School district in 2018 – $4,037  Other Insurance costs – 3.5% of expenditures, overall costs lower by $18,858 or 7.38%  Property, casualty and liability costs increased by 2%  Worker’s compensation costs decreased by 16%  Pass through costs – 5.5% of expenditures, up $11,905 or 3.37%, in turn certain revenues increase  Higher gasoline costs / Higher gasoline reimbursements  Higher Permits / Higher Building inspection fees 3  Remaining budget line items - 12% of expenditures or $851,078, net cost up $12,171 or 1.45%  Includes costs for: street sealcoating and striping, repairs and maintenance, supplies, utilities, fuels, training, printing, and deductibles  Transfer of Liquor operating profits reduced by $50,000 in 2018 to maintain sufficient working capital within the Liquor fund  Reduction in Charges for Services of $653,772 substantially represented by the termination of the police services contract with the City of Falcon Heights  For the 2017 levy process the future costs associated with the officer involved shooting were not included into the 2017 levy. During 2016 these costs were paid by the General Fund. The 2016 General Fund ending fund balance was within the City’s targeted fund balance range. Costs associated with the officer involved shooting in 2017 were again paid by the General Fund. A transfer of $370,000 of capital fund reserves has been included in the proposed year- end transfers to maintain the general fund balance at 35%. The 2018 Levy does not include any further costs associated with the officer involved shooting. * 2018 General Fund Budget for Expenditures is $6,835,142 **2018 General Fund Budget for Revenues is $6,844,116 The HRA Budget and Levy cost driver is substantially personnel costs. Therefore the proposed Levy increase for the HRA is 3.00% or $4,734. The 2018 Debt Related Levies are proposed to decrease by $7,549 over the 2017 combined levies. A debt levy reduction program (Peak to Plateau) began in 2014 to stabilize the annual increase in levies created by the annual street reconstruction plan. Without the use of resources committed to this strategy the impact of 2018 street bonds issued along with existing debt service requirements would have required an additional 6.98% increase in the overall Levy. Infrastructure Improvements / Debt Levies During the past several budget cycles there has been significant reconstruction of City streets, sidewalks, storm water systems, Silver Lake Village, City buildings and park infrastructures. The 2017 infrastructure projects included:  Penrod Lane, Skycroft Dr. to 36th Ave  Skycroft Drive, Penrod Ln. to Maplewood Dr  Chelmsford Road, Maplewood Dr. to 36th Ave  Maplewood Drive, Skycroft Dr. to Highcrest Rd 4 The 2018 planned infrastructure projects included:  Macalester Drive, 37th Ave. to Railway  Foss Road, 37th Ave. to Chandler Drive Rd.  Highcrest Road, 37th Ave. to End  See Street and Utility Improvement map, immediately following memo Funding for the 2018 projects will come from bonds and special assessments. The bonds issues have 15 year payment terms. The Debt Levy is the funding source for the annual payment of the bond principal and interest. The 2018 Debt Related Levies are proposed to decrease by a combined 0.31% compared to the 2017 combined levies. A debt levy reduction strategy (Peak to Plateau) began in 2014 to stabilize the annual increase in levies created by the annual street reconstruction plan. Without the use of the resources committed to this program the impact of 2018 bonds issued along with existing debt service requirements would have an added impact of 6.98% to the Overall Levy. Capital Fund Levies 2018 Capital Funds Levies are proposed to stay flat with no increase or decrease for the year. Levy The total for all levies is $6,850,011. The levy increase without the benefit of reduced Debt levy the levy increase would have been 13.29%. With the property tax relief applied the overall levy increase will be limited to $399,226 or 6.19% percent. A summary of the total levies is as follows: 2018 General Fund Levy $3,975,534 CIP Levy $ 233,200 Street Improvement Levy $1,833,431 Lease Revenue Bonds/Public Facilities $ 344,882 HRA Levy $ 162,534 Tax Abatement $ 227,430 Building Improvement Levy $ 73,000 Total $6,850,011 In 2017, the median valuation of the single family home within the City equals $274,000 (Hennepin County portion). The median valuation is the value at which 50% of the homes are valued lower and 50% are valued higher. The General Fund Levy of $3,975,534 supports the 2018 cost of providing City services. Therefore an owner of median valued home in the Village will pay $1,781.73 in Property Taxes for City services. 5 A breakdown of the costs includes: $1,059.19 for Police, Fire, Public Works and Park maintenance; $488.48 for Streets related debt service; $91.89 for the Fire and Public Works buildings related debt service; $60.59 for parks, sidewalks, flood control / drainage and intersection improvements related debt service; and $81.58 for the Capital Equipment and Building Improvements. Capital Equipment Purchases - Appropriation = $1,042,485 The proposed 2018 Capital Equipment Budget totals $1,042,485. The 2018 revenue for funding capital equipment will be provided by the Capital Improvement Levy, MSA Revolving Funds, sales of existing equipment, tax abatement bond proceeds (Firetruck), and donations/grants. A review of the 2018 revenue and expenditures is as follows: Revenues: Capital Improvement Levy 233,200$ Finance/Administration MSA/Revolving Funds 90,000 Computer Hardware 13,050 Trade/Sale of Equipment 3,500 Furniture and Equipment - Donations/Grants 40,465 Council Chambers - AV Equipment 81,894 Total Revenues 367,165$ Total Finance/Administration 94,944$ Expenditures:Public Works: Streets Department Police Department Fleet replacements -$ Squad Cars 83,160$ Heavy Equipment 6,623 Unmarked Cars 29,561 Specialty Equipment 70,358 Technology 110,500 76,981$ Specialty Equipment 12,448 Parks Department General Equipment 19,887 Total Police 255,556$ Heavy Equipment/Fleet Replacement 10,750$ Mowers and Field Maintenance 9,918 Fire Department Speciality Equipment 5,980 Vehicles 500,000$ 26,648$ Protective Gear 58,630 Technology 541 Total Public Works 103,629$ Protective Equipment/Tools 10,200 Office Furniture 8,021 Total Expenditures 1,042,485$ Debt Service Payments 10,964 Total Fire 588,356$ Grants, Donations and Partnerships To help offset the cost of operations and capital equipment, Staff continues to participate in Federal, State and local grant programs. Donations from private sources along with City partnerships with local organizations also generate financial benefits. Since 1999 the City has received $31,832,182 in total grants, donations and US Army AOP proceeds. When spread over a population of 8,965, this represents $3,551 per resident. 6 Recently accepted Grants and donations include:  Met Council I & I Grant for 2014 and 2016 Street Projects - $73,668  Ramsey County Emergency Management (Fire Department) - $7,733  Joyce Mercier (Police Department) - $1,240  Hennepin County Recycling Grant - $18,989  Ramsey County, Mirror Lake dredging - $8,960  Gloria Wiese (Police and Fire) - $1,000  US Department of Justice, Police Body Camera grant - $40,500  Estate of John D. MacQueen (Police Department) - $100,000 Liquor Operations The profitability of St. Anthony’s Liquor Operations continues to be a focus for City Council and Staff. Liquor sales at both stores were impacted by increased competition within the local Liquor business beginning in late 2013. The reversal of this affect began in June 2015 and has continued through 2017. Reduced traffic in the Silver Lake Village shopping area continues to hold down sales volume at that location. The individual Liquor store sales have been projected at either no growth or conservative growth rate for 2018 budget purposes. Therefore the use of 2018 liquor profits to support general operations has been set at amount that reflects current expectations of approximately $200,000. Conclusion “Our mission is to be a progressive and livable community, a walkable Village which is sustainable, safe and secure” The Mayor, City Council and Staff will continue to closely monitor the needs of everyone in the community and set goals to meet the level of services that the community desires at the most affordable cost. St. Anthony is a thriving and stable community. Due in large part to our-intergovernmental cooperation between the City, the School District, Hennepin/Ramsey Counties, the Mississippi Watershed Management Organization, the Rice Creek Watershed as well as the Police Contracts with Lauderdale and Falcon Heights. The quarterly meetings held between the School Board and the City Council along with our on-going dialog and partnering with our local businesses, Hennepin/Ramsey Counties and the Watershed Districts help us in developing a better understanding of the overall needs of the community. The City continues to be very active in the League of Minnesota Cities, the Association of Metropolitan Municipalities (Metro Cities), our local Chamber of Commerce and Kiwanis. Undoubtedly, the responsible management of our financial resources will contribute to providing strong services and infrastructure improvements to everyone in our community. Management of this process is a rewarding challenge for the City Council and Staff. 7 SILVER LAKE STREET & UTILITY RECONSTRUCTION PROGRAM 2019 - $2,340,000 2018 - $2,240,000 2021 - $2,340,000 2020 - $2,020,000 2023 - $2,620,000 2022 - $2,710,000 2024 - $2,430,000 2025 - $2,630,000 Schedule subject to change 2026 - $2,790,000 2027 - $3,180,000 MILL & OVERLAY PROGRAM ANTHONY LN - $44,100 SILVER LAKE TERR - $30,200 2018: 2020: 2018 TOTAL COST: $2,284,100 2020 TOTAL COST: $2,050,200 STREET & UTILITY IMPROVEMENTS St. Anthony Village, Minnesota Street & Utility CIP for 2018 and Beyond Revised May 16, 2017 701 Xenia Avenue South, Suite 300 www.wsbeng.com Minneapolis, MN 55416 INFRASTRUCTURE ENGINEERING PLANNING CONSTRUCTION WSB 763-541-4800 - Fax 763-541-1700 Exhibit A 8 GENERAL FUND The General Fund accounts for resources devoted to financing general services. These include General Government, Police, Fire, Public Works and Parks. It is the largest budget and is the main operating fund of the City. GENERAL FUND 9 Fiscal Year 2018 ACTUAL ACTUAL ACTUAL ACTUAL AMENDED BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 Taxes 3,381,333$ 3,551,089$ 3,437,605$ 3,536,079$ 3,760,365$ 3,760,365$ 4,171,053$ 10.9% Licenses 70,412 69,743 78,038 81,552 76,676 85,005 81,550 6.4% Permits 272,178 281,358 218,415 222,527 149,581 248,505 183,727 22.8% Intergovernmental Revenue 519,621 880,847 906,764 941,005 930,356 965,112 930,595 0.0% Charges for Services 1,390,906 1,413,986 1,501,073 1,513,189 1,589,473 1,581,062 938,189 -41.0% Fines 123,113 122,980 129,167 84,934 123,250 80,162 78,900 -36.0% Reimbursement Revenues 233,408 306,643 290,011 472,109 248,260 339,185 260,102 4.8% Transfers In 380,800 264,244 195,060 433,606 249,060 619,060 200,000 -19.7% TOTAL GENERAL FUND REVENUES 6,371,771$ 6,890,891$ 6,756,133$ 7,285,001$ 7,127,022$ 7,678,457$ 6,844,116$ -4.2% % CHANGE GENERAL FUND REVENUES SUMMARY 10 61% 1% 3% 13% 14% 1%4%3% GENERAL FUND REVENUES Tax Levy Licenses Permits Intergov't Revenue Charges for Services Fines Reimburseable Revenue Transfers 11 Fiscal Year 2018 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET % CHANGE 2013 2014 2015 2016 2017 2017 2018 Administration Mayor/City Council 67,690$ 80,794$ 74,823$ 80,340$ 81,648$ 81,344$ 83,873$ 2.7% General Management 121,749 124,436 110,654 115,771 123,779 120,273 132,242 6.8% Planning 64,860 59,320 62,287 121,952 75,399 117,755 53,672 -28.8% Elections 23,635 29,742 22,647 22,114 27,450 23,819 23,340 -15.0% Financial Services 245,127 260,168 320,341 341,367 341,911 342,449 365,626 6.9% Legal 72,739 162,670 135,029 104,693 115,125 97,500 111,110 -3.5% Assessing 49,760 50,090 52,697 59,338 62,084 61,914 65,581 5.6% City Buildings 135,544 133,011 136,933 156,991 202,663 197,790 207,026 2.2% Cable Franchise 42,631 35,788 37,129 42,703 43,049 46,376 49,382 14.7% Public Safety Police Protection 3,087,303 3,135,984 3,203,231 3,399,742 3,471,245 3,172,535 3,144,401 -9.4% Fire Protection 940,362 1,006,656 979,897 1,029,340 1,058,474 1,082,728 1,100,021 3.9% Protective Services 153,903 162,235 123,253 118,685 86,968 130,453 94,430 8.6% Emergency Management 61,987 60,494 66,228 67,806 73,053 72,421 80,422 10.1% Public Works Public Works 869,370 856,797 859,315 795,817 919,940 811,187 927,838 0.9% Parks 260,776 299,696 300,726 293,059 316,783 292,500 303,637 -4.2% Other Expenditures and Transfers Non-Departmental 47,710 108,994 297,486 661,628 92,420 996,845 92,542 0.1% TOTAL FUND EXPENDITURES 6,198,569$ 6,566,874$ 6,782,676$ 7,411,346$ 7,091,990$ 7,647,888$ 6,835,142$ -3.6% GENERAL FUND TOTAL REVENUES 6,371,771$ 6,890,891$ 6,756,133$ 7,285,001$ 7,127,022$ 7,678,457$ 6,844,116$ -4.0% Surplus (Deficit)173,202$ 324,017$ (26,543)$ (126,345)$ 35,031$ 30,568$ 8,974$ -74.4% GENERAL FUND EXPENDITURES SUMMARY 12 8% 5% 1% 46%3% 17% 14% 5%1% GENERAL FUND EXPENDITURES General Gov't 8% Financial Services 5% Inspections 1% Police 46% City Buildings 3% Fire 17% Public Works 14% Parks 5% Reimburseable Expenditures 1% 13 Overview of Departments City Council: The City Council is the legislative branch of the City, which is responsible for the establishment of policies, adoption of local laws and ordinances. It appoints the City Manager and members of the various advisory commissions. The City operates under the Statutory Plan B of government, which gives the Council responsibility for policy and legislative activity, but delegates the administrative duties to the City Manager. General Management: The Administration Department administers city government within the guidelines of State law and policies established by the City Council. The City Manager supervises the Administration, Finance, Police, Fire, Public Works and Liquor Departments. The City Clerk is responsible for the preparation, maintenance and publication of official records, documents, resolutions and ordinances as well as the maintenance of the City’s website. In addition, the City Clerk oversees all of the elections for the City of St. Anthony Village. Even year elections include Federal, State and Judicial contests. Odd year elections include Municipal and School Board contests. All elections are administered by the Ramsey County election department. Planning: The Planning Department is the liaison to the Planning Commission and is responsible for review of all planning documents. Finance, Insurance/Accounting: The Finance Department is responsible for providing general financial services and accounting records of all City financial transactions. The areas of service include:  General ledger accounting and A/P processing.  Liquor recordkeeping and Profit/Loss reporting.  The issuance of business licenses.  Rental licensing and tracking.  Building permits and coordination of inspections.  Payroll and renewal of employee benefits.  Water and sewer charges and billings.  Preparation of the City’s annual budget and levy.  Investment of City funds.  Compliance with Auditing Standards.  Providing accounting and human resource services on a contracted basis Also, it is the responsibility of the Finance Department to ensure that a reasonable level of insurance coverage is maintained for general liability, property & casualty, workers compensation and liquor liability. Legal: The legal budget covers expenses incurred for legal matters including civil and criminal. Assessing: The assessing budget covers costs incurred for the City’s assessing process through Hennepin County. City Buildings: This budget encompasses necessary maintenance and repairs to buildings and grounds. Public Works staff performs ongoing maintenance to ensure all city buildings operate efficiently and minimize energy costs. Cable Franchise: The Cable Franchise budget covers costs related to cable productions of Saint Anthony meetings as well as replacement of equipment within the Council Chambers and AV room. Police Protection: The St. Anthony Police Department’s purpose is to protect and serve St. Anthony residents through proactive and preventative patrol, traffic law enforcement, investigation of criminal activity, emergency response, crime prevention, and the development of community contacts and relationships. Through problem solving, community collaborations, and empowering the department’s line personnel, we move forward toward these goals. The Police Department’s primary focus is to insure the community’s livability, safety, and security through fair and impartial law enforcement. The department has a strong commitment to Community Oriented Policing that can be evidenced through the department’s actions and mission. 14 Overview of Departments The department is comprised of a Police Chief, one (1) Captain, one (1) Lieutenant, three (3) Sergeants, one (1) investigator, thirteen (13) patrol officers and one (1) full time civilian community service officer. The department also employs two (2) full-time secretaries to support the department’s overall goals and objectives. In addition to the sworn officers, twelve (12) Police Reserves help maintain the professional excellence of the department. The police department also provides 24-hour contractual police services for the City of Lauderdale. Four (4) officers are dedicated to that community for police protection and response. In keeping with our commitment to Community Oriented Policing, the police department provides a wide variety of community services and educational programs including:  Crime Prevention  Minnesota’s Night to Unite  Police Bike Patrol  Liquor and Tobacco Compliance Checks  East Metro SWAT  Neighborhood Crime Watch  DARE  Citizen’s Police Academy  Animal Control  Community Education and Involvement Fire Protection: The Fire Department is responsible for protecting the community from the effects of fire by the means of fire suppression, public education, and rescue and fire code enforcement. The Department is comprised of five (5) full-time firefighters, one (1) Assistant Fire Chief, a Fire Chief and approximately twenty (20) part-time personnel. The Fire Department provides first response to all medical emergencies on an EMT level, as well as mitigation of minor to moderate hazardous material incidents. To provide our community with expedient quality fire and safety services, the Department utilizes automatic and mutual aid response with our neighboring communities. Protective Services: The Fire Department enforces City ordinances and the International Property Maintenance Code. Two (2) part-time inspectors are responsible for matters relating to housing/property maintenance, signs and nuisances in addition to conducting rental property inspections. Emergency Management: This involves the planning, training and response to disasters such as wind storms, tornadoes, snow and ice storms, hazardous material accidents, major transportation and mass casualty incidents, including pandemic emergencies. Public Works Department: The Public Works Department is comprised of fourteen (14) full-time employees, twelve (12) being maintenance and two (2) management staff. The maintenance staff is organized in to three main work areas, Streets, Parks and Water and sanitary sewer operations. Public Works staffs often cross over assigned work areas as operational needs arise. Streets: The Street Division provides services to include the maintenance of all city streets, alleys, City owned parking lots and sidewalks. This division maintains approximately 24 miles of roadways. The primary maintenance procedures include: snow removal, ice control, crack sealing, seal coating, and concrete curb and panel replacement. In addition, street sweeping, crosswalk striping and street sign maintenance are also the responsibility of the street division. Parks: The Parks Division provides maintenance to five (5) city parks and three (3) park shelters. This division maintains all baseball, softball and soccer fields that are currently scheduled through the St Anthony Community Services Recreation Program. In addition, this division maintains all City Buildings, grounds and City owned storm sewer retention ponds. 15 Fiscal Year 2018 ACTUAL ACTUAL ACTUAL ACTUAL AMENDED BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 TAXES 101-3101-0-0-01 TAX - CURRENT HENNEPIN/RAMSEY 3,076,723$ 3,085,173$ 3,265,084$ 3,342,377$ 3,502,023$ 3,502,023$ 3,896,023$ 101-3102-0-0-01 TAX - DELINQUENT 7,129 31,132 (28,794) (7,486) 12,500 12,500 7,500 101-3103-0-0-02 TAX - MOBILE HOME/NON-LEVY 7,689 9,184 591 11,797 4,733 4,733 1,500 101-3105-0-0-01 TAX - TIF 289,792 425,600 200,724 189,391 241,109 241,109 266,030 TOTAL 3,381,333$ 3,551,089$ 3,437,605$ 3,536,079$ 3,760,365$ 3,760,365$ 4,171,053$ LICENSES 101-3210-1-1-01 LICENSE ON SALE INTOXICATING 24,600$ 24,600$ 29,200$ 32,800$ 32,800$ 32,800$ 32,800$ 101-3210-1-1-02 LIQUOR INVST /COMPLIANCE - - 500 500 - - - 101-3210-1-1-03 LICENSE WINE & BEER 3,000 2,250 3,188 4,313 3,000 6,000 6,000 101-3210-1-1-04 LICENSE BEER 3.2%200 550 550 550 550 550 550 101-3210-1-1-05 LICENSE WINE - - - - - - 101-3211-1-1-01 LICENSE RENTAL SF 13,173 14,850 15,375 15,950 13,600 14,200 15,000 101-3211-1-1-02 LICENSE RENTAL MULTI FAMILY 15,910 15,500 17,382 16,990 17,150 19,870 16,990 101-3212-1-1-00 LICENSE CIGARETTE SALES 2,700 3,000 2,700 2,100 2,700 2,700 2,100 101-3213-1-2-00 LICENSE DOG 1,148 325 1,185 404 - - - 101-3214-1-1-00 LICENSE SERVICE STATION 860 813 1,076 1,560 1,076 1,560 1,560 101-3215-1-1-00 LICENSE OTHER 2,526 1,840 682 560 600 1,250 600 101-3216-1-2-00 LICENSE FIREWORKS 200 100 100 100 100 100 100 101-3217-1-1-00 LICENSE AMUSEMENT 900 900 5 - - - - 101-3218-1-1-00 LICENSE GENERAL CONTRACTOR 3,695 3,665 4,745 4,375 3,750 4,625 4,500 101-3219-1-1-00 LICENSE HAULERS 1,500 1,350 1,350 1,350 1,350 1,350 1,350 TOTAL 70,412$ 69,743$ 78,038$ 81,552$ 76,676$ 85,005$ 81,550$ PERMITS 101-3220-1-1-00 PERMITS LAND USE 200$ 1,800$ 1,600$ 1,000$ 600$ 6,300$ 600$ 101-3221-1-1-00 PERMITS BUILDING 152,647 94,372 140,846 119,942 84,342 112,750 90,421 101-3221-1-1-01 PERMITS PLAN CHECK 63,878 31,698 28,070 45,895 22,202 53,500 36,456 101-3222-1-1-00 PERMITS GAS, HVAC 10,258 56,734 9,481 12,646 10,058 23,600 17,000 101-3223-1-1-00 PERMITS PLUMBING 20,483 53,484 7,887 10,831 6,896 12,565 11,800 101-3224-1-1-00 PERMITS ELECTRICAL 13,755 31,778 17,495 15,078 14,575 16,575 12,500 101-3225-1-1-00 PERMITS ADMIN FEES 6,912 6,803 8,646 9,130 7,004 10,995 8,200 101-3228-1-1-00 PERMITS ALARM 3,765 3,970 3,880 5,300 3,605 5,595 4,500 101-3229-1-1-00 PERMITS MISCELLANEOUS 280 720 510 2,705 300 6,625 2,250 TOTAL 272,178$ 281,358$ 218,415$ 222,527$ 149,581$ 248,505$ 183,727$ GENERAL FUND REVENUES DETAIL 16 Fiscal Year 2018 ACTUAL ACTUAL ACTUAL ACTUAL AMENDED BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 GENERAL FUND REVENUES DETAIL INTERGOVERNMENTAL 101-3310-2-3-00 FEDERAL GRANTS 81,747 3,450 8,003 4,841 6,050 6,092 7,100 101-3320-2-2-01 ISD 282- DARE PROGRAM 14,500 15,281 14,500 15,462 14,500 14,500 14,500 101-3330-0-0-00 MVHC/LGA 43 442,967 505,415 523,010 528,255 528,255 552,238 101-3340-0-0-00 STATE AID- PERA INCREASE 7,197 7,197 7,197 7,197 7,197 7,197 7,197 101-3342-2-2-00 STATE AID- FIRE RELIEF 45,672 49,251 47,725 50,174 45,672 45,672 45,672 101-3346-2-2-00 STATE AID- POLICE 172,796 181,935 189,440 197,374 187,930 207,448 171,630 101-3348-3-2-00 STATE AID- MSA MAINTENANCE 73,682 76,749 83,997 89,905 87,750 88,708 88,708 101-3350-2-2-00 LOCAL GRANTS- FIRE (DISABILITY & ED) 71,215 57,674 11,588 13,024 8,800 35,290 8,800 101-3360-2-2-00 LOCAL GRANTS- POLICE 46,023 45,387 38,454 33,575 43,952 31,700 34,500 101-3365-1-1-00 LOCAL GRANTS- MISCELLANEOUS 150 66 195 (97) 250 250 250 101-3370-2-2-00 LOCAL GRANTS- PW 6,596 891 250 6,540 - - - TOTAL 519,621$ 880,847$ 906,764$ 941,005$ 930,356$ 965,112$ 930,595$ 101-3380-1-1-03 CS MWMO 30,000$ 34,772$ 85,735$ 94,881$ 103,135$ 103,135$ 108,292$ 101-3380-1-1-04 CS BIRCHWOOD 19,732 10,224 7,345 7,531 8,150 8,150 8,150 101-3380-1-2-07 CS ISD 282 10,708 10,162 7,439 5,741 9,752 11,410 8,500 101-3380-2-1-08 CS POLICE SERVICES 1,445 3,736 4,065 - 3,400 3,400 - 101-3380-3-1-05 CS HENNEPIN 19,723 19,723 25,440 28,493 31,281 31,312 31,905 101-3380-3-1-06 CS NEW BRIGHTON FUEL 105,238 101,207 102,277 70,491 88,575 78,475 88,575 101-3380-5-1-01 CS LAUDERDALE 602,030 617,081 634,386 653,026 672,590 672,590 692,768 101-3380-5-1-02 CS FALCON HGTS 602,030 617,081 634,386 653,026 672,590 672,590 - TOTAL 1,390,906$ 1,413,986$ 1,501,073$ 1,513,189$ 1,589,473$ 1,581,062$ 938,189$ FINES 101-3510-1-1-00 COURT FINES 116,103$ 113,385$ 120,277$ 80,119$ 115,000$ 71,912$ 72,000$ 101-3510-1-1-01 FALSE ALARMS 2,150 5,650 4,825 3,600 3,750 3,750 3,750 101-3885-2-1-00 POLICE IMPOUND FEES 4,860 3,945 4,065 1,215 4,500 4,500 3,150 TOTAL 123,113$ 122,980$ 129,167$ 84,934$ 123,250$ 80,162$ 78,900$ REIMBURSEMENTS AND OTHER REVENUES 101-3622-1-1-00 WT LEASE RENTALS 67,281$ 74,505$ 79,322$ 82,245$ 85,268$ 59,414$ 56,252$ 101-3800-1-1-00 DONATIONS GENERAL 1,000 0 0 500 500 500 500 101-3800-2-1-01 DONATIONS PD 1,200 10,500 100 - 500 100,500 500 101-3800-2-1-02 DONATIONS PD CRIME PREVENTION 1,200 - 3,303 720 - - - 101-3800-4-1-00 DONATIONS PARKS 500 1,300 - 400 500 500 500 CHARGES FOR SERVICES 17 Fiscal Year 2018 ACTUAL ACTUAL ACTUAL ACTUAL AMENDED BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 GENERAL FUND REVENUES DETAIL 101-3804-1-1-00 RR- MISCELLANEOUS 21,364 9,233 31,411 150,977 6,517 12,500 15,000 101-3805-4-1-00 CABLE FRANCHISE FEES 104,089 109,009 108,104 113,672 108,975 116,456 119,350 101-3410-0-1-00 CLEAN-UP DAY FEES - 2,572 - - - - - 101-3809-0-0-00 LMC DIVIDENDS 25,859 43,451 42,276 65,930 24,500 24,500 35,000 101-3810-0-0-00 INVESTMENT INCOME (7,315) 29,840 22,960 26,856 20,000 23,000 31,500 101-3810-1-1-00 MISCELLANEOUS 8,113 2,700 1,305 (5,370) 1,500 1,160 1,500 101-3890-0-0-00 INSURANCE PROCEEDS 10,117 23,533 1,230 36,179 - 655 - TOTAL 233,408$ 306,643$ 290,011$ 472,109$ 248,260$ 339,185$ 260,102$ TRANSFERS IN 101-3920-0-0-00 LIQUOR FUND 330,800$ 214,244$ 67,849$ 156,396$ 249,060$ 249,060$ 200,000$ 101-3920-0-0-00 WATER/SEWER FUND - -- - - - - 101-3920-0-0-00 WATER FILTRATION INT EARNINGS 50,000 50,000 50,000 200,000 - - - 101-3920-0-0-00 CAPITAL RESERVE TRANSFER - - - - - 370,000 - 101-3920-0-0-00 CONDUIT FEE REASSIGNED - - 77,211 77,210 - - - TOTAL 380,800$ 264,244$ 195,060$ 433,606$ 249,060$ 619,060$ 200,000$ TOTAL FUND REVENUE 6,371,771$ 6,890,891$ 6,756,133$ 7,285,001$ 7,127,022$ 7,678,457$ 6,844,116$ 18 Fiscal Year 2018 12/31/2015 $14.00 ACTUAL 2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 BUDGET 2017 EST. ACTUAL 2017 BUDGET 2018 MAYOR / CITY COUNCIL 101-4110-11-0000 CN REGULAR EMPLOYEE 32,256$ 35,256$ 34,156$ 38,256$ 38,256$ 35,919$ 38,256$ 101-4121-11-0000 CN PERA 1,613 1,763 1,708 1,913 1,913 1,796 1,913 101-4122-11-0000 CN FICA/MEDICARE 551 919 698 555 720 538 575 101-4300-11-0000 CN PROFESSIONAL SERVICES 3,753 4,371 3,000 920 5,000 3,500 3,500 101-4309-11-0000 CN MISC CONTRACTED SERVICES 221 745 916 887 1,000 865 1,010 101-4315-11-0000 CN RECORDING SERVICE 3,873 4,453 4,182 4,679 4,624 6,311 5,315 101-4341-11-0000 CN TRAINING, CONF., AND MTG.7,420 9,223 10,096 12,877 10,600 12,210 12,500 101-4342-11-0000 CN MEMBERSHIPS & DUES 11,109 11,855 13,815 12,797 13,460 12,800 13,729 101-4345-11-0000 CN INTERGOVERMENTAL ACTIVITIES 1,212 47 - - - 650 - 101-4352-11-0000 CN CITY NEWSLETTER 5,173 10,950 5,178 6,502 5,500 6,180 6,500 101-4499-10-0000 CN MISCELLANEOUS 510 1,213 1,074 954 575 575 575 TOTAL 67,690$ 80,794$ 74,823$ 80,340$ 81,648$ 81,344$ 83,873$ GENERAL MANAGEMENT 101-4110-12-0000 GM REGULAR EMPLOYEE 67,483$ 61,084$ 63,616$ 68,479$ 69,403$ 70,315$ 75,850$ 101-4121-12-0000 GM PERA 4,000 4,715 4,586 4,993 5,205 5,274 5,689 101-4122-12-0000 GM FICA/MEDICARE 4,522 3,978 4,979 3,544 5,309 3,890 5,803 101-4131-12-0000 GM INSURANCE HEALTH 7,954 10,613 10,598 11,652 11,653 11,331 11,893 101-4135-12-0000 GM INSURANCE WC - - 244 522 1,188 1,078 330 101-4211-12-0000 GM OFFICE SUPPLIES 1,044 526 218 64 1,046 350 500 101-4300-12-0000 GM PROFESSIONAL SERVICES 193 8,883 - - 500 500 510 101-4306-12-0000 GM CONTRACTED HR 11,844 9,180 - - - - - 101-4309-12-0000 GM MISC CONTRACTED SERVICES 352 467 467 355 400 350 405 101-4341-12-0000 GM TRAINING, CONF., AND MTG.12,966 11,962 13,146 12,310 15,000 13,225 16,760 101-4342-12-0000 GM MEMBERSHIPS & DUES 6,039 5,996 5,717 6,553 6,750 6,700 6,900 101-4343-12-0000 GM HEALTH & SAFETY PROGRAMS 5,032 6,948 7,011 7,086 7,225 7,160 7,500 101-4499-12-0000 GM MISCELLANEOUS - 85 71 213 100 100 102 TOTAL 121,749$ 124,436$ 110,654$ 115,771$ 123,779$ 120,273$ 132,242$ PLANNING 101-4110-13-0100 PL REGULAR EMPLOYEE 1,075$ 1,182$ 5,494$ 6,143$ 6,376$ 6,350$ 7,125$ 101-4110-13-0000 PL COMMISSION 2,405 2,155 3,000 2,500 3,000 101-4111-13-0000 PL OVERTIME - - 35 - 306 - 250 101-4121-13-0000 PL PERA - - 427 461 485 485 553 101-4122-13-0000 PL FICA/MEDICARE - 17 424 635 714 665 794 101-4131-13-0000 PL INSURANCE HEALTH - - 1,370 1,690 1,691 1,652 1,732 GENERAL FUND EXPENDITURES DETAIL 19 Fiscal Year 2018 12/31/2015 $14.00 ACTUAL 2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 BUDGET 2017 EST. ACTUAL 2017 BUDGET 2018 GENERAL FUND EXPENDITURES DETAIL 101-4226-13-0000 PL GENERAL SUPPLIES 73 696 344 132 128 60 130 101-4302-13-0000 PL CONTRACTED PLANNER 55,675 51,355 46,973 49,690 56,100 55,600 33,975 101-4302-13-0100 PL COMP PLAN - PLANNER - - 680 56,483 - 45,693 - 101-4305-13-0000 PL GIS CONTRACTED SERVICES 7,972 5,827 3,760 4,563 6,000 4,750 5,500 101-4341-13-0000 PL TRAINING, CONF. & MTG.65 243 326 - 450 - 459 101-4351-13-0000 PL NOTICES & PUBLICATIONS - - 48 - 150 - 154 TOTAL 64,860$ 59,320$ 62,287$ 121,952$ 75,399$ 117,755$ 53,672$ ELECTIONS 101-4110-14-0000 EL REGULAR EMPLOYEE 12,594$ 11,987$ -$ -$ -$ -$ -$ 101-4111-14-0000 EL OVERTIME 538 877 - - - - - 101-4112-14-0000 EL PART-TIME EMPLOYEE 2,403 6,926 - - - - - 101-4121-14-0000 EL PERA 1,021 894 - - - - - 101-4122-14-0000 EL FICA/MEDICARE 942 1,323 - - - - - 101-4131-14-0000 EL INSURANCE HEALTH 1,480 2,535 - - - - - 101-4211-14-0000 EL OFFICE SUPPLIES 1,236 1,885 489 934 510 510 525 101-4221-14-0000 EL SUPPLIES- EQUIPMENT - 132 16 - 2,840 2,702 2,702 101-4226-14-0000 EL POSTAGE ABSENTEE 300 239 - - - - - 101-4309-14-0000 EL CONTRACTED SERVICES - - 19,173 19,713 23,750 19,713 19,713 101-4339-14-0000 EL REPAIR & MAINTENANCE - 1,042 1,042 1,267 - 694 - 101-4341-14-0000 EL TRAINING, CONF. & MTG.1,381 724 1,598 200 350 200 400 101-4342-14-0000 EL MEMBERSHIPS & DUES 205 300 56 - - - - 101-4351-14-0000 EL NOTICES & PUBLICATIONS 1,225 678 273 - - - - 101-4499-14-0000 EL MISCELLANEOUS 310 200 - - - - - TOTAL 23,635$ 29,742$ 22,647$ 22,114$ 27,450$ 23,819$ 23,340$ FINANCIAL SERVICES 101-4110-15-0000 FS REGULAR EMPLOYEE 88,266$ 95,945$ 147,854$ 166,690$ 169,537$ 173,990$ 187,037$ 101-4111-15-0000 FS OVERTIME 1,700 816 1,020 1,563 1,000 2,100 1,030 101-4121-15-0000 FS PERA 6,386 6,521 6,837 12,864 12,715 13,495 14,105 101-4122-15-0000 FS FICA/MEDICARE 6,793 7,195 10,022 10,625 12,970 11,484 14,387 101-4131-15-0000 FS INSURANCE HEALTH 10,681 13,043 19,189 21,562 21,243 18,846 22,200 101-4135-15-0000 FS INSURANCE WC - 1,282 1,192 836 1,984 1,850 745 101-4133-15-0000 FS LIFE INSURANCE 607 577 790 905 887 800 905 101-4211-15-0000 FS OFFICE SUPPLIES 5,356 6,412 6,643 5,662 6,150 5,600 6,150 101-4221-15-0000 FS SUPPLIES - EQUIP - 1,159 258 853 1,020 950 1,000 101-4226-15-0000 FS GENERAL SUPPLIES 2,763 1,296 1,063 2,176 1,400 1,550 1,450 20 Fiscal Year 2018 12/31/2015 $14.00 ACTUAL 2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 BUDGET 2017 EST. ACTUAL 2017 BUDGET 2018 GENERAL FUND EXPENDITURES DETAIL 101-4300-15-0000 FS PROFESSIONAL SERVICES 16,888 17,049 14,511 17,220 18,510 18,450 19,065 101-4309-15-0000 FS CONTRACTED IT & SW SUPPORT 923 2,327 1,540 3,088 3,250 3,250 3,685 101-4310-15-0000 FS MISC CONTRACTED SERVICES 9,225 3,447 4,936 4,230 4,450 4,154 4,158 101-4315-15-0000 FS HC ASSESSOR SERVICES 419 445 462 460 500 460 510 101-4325-15-0000 FS COMMUNICATIONS 952 909 940 1,159 800 640 2,156 101-4339-15-0000 FS REPAIR & MAINTENANCE - - - 328 163 205 166 101-4341-15-0000 FS TRAINING, CONF. & MTG.1,378 3,555 3,387 3,307 3,500 5,650 4,500 101-4342-15-0000 FS MEMBERSHIPS & DUES 60 225 329 515 280 500 350 101-4350-15-0000 FS PRINTED FORMS & ENVELOPES 1,599 1,381 1,738 1,381 1,450 1,175 1,275 101-4351-15-0000 FS NOTICES & PUBLICATIONS 1,575 1,238 658 1,115 1,350 1,520 1,450 101-4365-15-0000 FS INSURANCE PROPERTY / LIABILITY 73,743 88,418 90,437 78,867 71,750 68,962 72,090 101-4498-15-0000 FS REIMBURSED COSTS ADVANCED 15,730 6,744 6,436 5,886 6,877 6,293 7,083 101-4499-15-0000 FS MISCELLANEOUS 83 184 99 75 125 525 128 TOTAL 245,127$ 260,168$ 320,341$ 341,367$ 341,911$ 342,449$ 365,626$ LEGAL 101-4312-16-0000 AT GENERAL LEGAL 15,976$ 55,245$ 19,986$ 30,000$ 30,600 30,500 31,110 101-4313-16-0000 AT CIVIL LITIGATION 14,763 65,425 73,043 32,693 39,525 25,000 35,000 101-4314-16-0000 AT PROSECUTION RETAINER 42,000 42,000 42,000 42,000 45,000 42,000 45,000 TOTAL 72,739$ 162,670$ 135,029$ 104,693$ 115,125$ 97,500$ 111,110$ ASSESSING 101-4110-17-0000 ASR REGULAR EMPLOYEE 2,552$ 2,592$ 2,651$ 2,718$ 2,826$ 2,786$ 2,920$ 101-4111-17-0000 ASR OVERTIME EMPLOYEE 19 27 33 47 29 74 50 101-4121-17-0000 ASR PERA 186 190 198 206 214 214 219 101-4122-17-0000 ASR FICA/MEDICARE 197 200 205 212 218 218 223 101-4131-17-0000 ASR INSURANCE HEALTH 370 414 445 486 486 486 502 101-4226-17-0000 ASR GENERAL SUPPLIES 166 166 166 138 160 135 163 101-4311-17-0000 ASR HC ASSESSOR SERVICES 46,270 46,339 49,000 55,531 58,000 58,000 61,350 101-4350-17-0000 ASR PRINTED FORMS & ENVELOPES - 162 - - 150 - 153 TOTAL 49,760$ 50,090$ 52,697$ 59,338$ 62,084$ 61,914$ 65,581$ CITY BUILDINGS 101-4310-18-0000 CB MISC CONTRACTED SERVICES 7,021$ 6,258$ 7,060$ 10,718$ 52,097 53,500 54,900 101-4325-18-0000 CB COMMUNICATIONS 6,579 6,637 6,377 6,532 6,487 6,300 6,886 101-4340-18-0000 CB REPAIRS AND MAINTENANCE 14,727 16,220 16,626 25,345 14,826 18,975 19,555 101-4381-18-0000 CB ELECTRIC AND GAS UTILITIES 37,067 39,242 28,220 32,596 43,363 33,125 35,500 21 Fiscal Year 2018 12/31/2015 $14.00 ACTUAL 2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 BUDGET 2017 EST. ACTUAL 2017 BUDGET 2018 GENERAL FUND EXPENDITURES DETAIL 101-4920-18-0000 CB TRANSFER CH RENT 70,150 64,654 78,650 81,800 85,890 85,890 90,185 TOTAL 135,544$ 133,011$ 136,933$ 156,991$ 202,663$ 197,790$ 207,026$ CABLE FRANCHISE 101-4110-19-0000 CF REGULAR EMPLOYEE 6,005$ 6,142$ 5,738$ 6,143$ 6,376$ 6,330$ 7,125$ 101-4121-19-0000 CF PERA - 140 449 461 478 478 534 101-4122-19-0000 CF FICA/MEDICARE - 30 437 470 488 488 545 101-4131-19-0000 CF INSURANCE HEALTH - - 1,222 1,690 1,690 1,652 1,732 101-4211-19-0000 CF OPERATING SUPPLIES 1,043 673 - - 867 867 500 101-4221-19-0000 CF SUPPLIES- EQUIPMENT 8,464 - - - 2,550 - 1,500 101-4307-19-0000 CF NSCC OPERATING SUPPORT 27,009 28,804 29,283 28,736 30,500 29,500 30,385 101-4310-19-0000 CF MISC CONTRACTED SERVICES - - - 5,203 - 6,961 6,961 101-4341-19-0000 CF TRAINING, CONF & MTG 110 - - - 100 100 100 TOTAL 42,631$ 35,788$ 37,129$ 42,703$ 43,049$ 46,376$ 49,382$ POLICE PROTECTION 101-4110-21-0000 PD REGULAR EMPLOYEE 1,909,924$ 1,986,906$ 2,022,774$ 2,170,749$ $ 2,158,366 $ 2,026,788 $ 1,954,732 101-4110-21-0100 PD MECHANIC ALLOC-WAGES 15,863 16,272 17,735 16,097 17,020 17,225 18,043 101-4110-21-0200 PD DARE ALLOC-WAGES 7,973 8,387 8,098 8,257 9,746 7,715 10,038 101-4111-21-0000 PD OVERTIME EMPLOYEE 94,427 95,179 81,145 68,103 96,509 66,731 74,442 101-4111-21-0100 PD MECHANIC OVERTIME EMPLOYEE 125 236 - 164 167 150 172 101-4111-21-0200 PD DARE ALLOC - OT 778 1,076 579 118 1,250 250 1,288 101-4111-21-0300 PD SAFE & SOBER - OT 35,175 36,449 34,133 26,843 36,934 29,920 31,313 101-4111-21-0400 PD COURT OVERTIME 7,723 7,000 15,120 10,274 18,100 6,640 12,500 101-4121-21-0000 PD PERA 281,565 311,584 331,997 359,051 356,051 335,700 322,396 101-4121-21-0100 PD MECHANIC ALLOC- PERA 1,164 1,202 1,358 1,297 1,254 1,360 1,366 101-4121-21-0200 PD DARE ALLOC- PERA 1,247 1,526 1,615 1,537 1,670 1,440 1,626 101-4122-21-0000 PD FICA/MEDICARE 32,739 36,125 36,348 37,946 41,482 38,906 31,616 101-4122-21-0100 PD MECHANIC ALLOC-SS/MEDICARE 1,129 1,024 1,405 1,251 1,279 1,333 1,317 101-4122-21-0200 PD DARE ALLOC-SS/MEDICARE 122 134 133 127 149 120 153 101-4131-21-0000 PD INSURANCE HEALTH 302,975 302,960 305,171 337,706 345,916 275,635 310,882 101-4131-21-0100 PD MECHANIC ALLOC-HLTH INS 3,380 3,280 3,085 445 655 655 655 101-4131-21-0200 PD HEALTH - DARE 1,336 1,547 1,627 1,629 1,724 1,525 1,767 101-4135-21-0000 PD WORKER'S COMP INS - 46,969 56,556 68,584 73,507 64,520 54,442 101-4212-21-0100 PD MOTOR FUELS 69,519 77,412 65,863 45,023 45,320 48,790 44,880 101-4220-21-0000 PD SQUADS CLEANING 1,733 1,221 1,132 1,165 1,625 1,350 1,500 101-4221-21-0000 PD SUPPLIES- EQUIPMENT 1,649 2,010 192 113 2,612 350 2,664 22 Fiscal Year 2018 12/31/2015 $14.00 ACTUAL 2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 BUDGET 2017 EST. ACTUAL 2017 BUDGET 2018 GENERAL FUND EXPENDITURES DETAIL 101-4221-21-0100 PD VEHICLE REPAIRS/PARTS 14,377 12,999 9,687 12,955 13,750 25,675 15,500 101-4226-21-0000 PD GENERAL SUPPLIES 24,737 25,671 22,967 22,455 27,401 16,580 25,500 101-4226-21-0100 PD SHOP SUPPLIES 804 369 - - 1,037 950 1,058 101-4226-21-0200 PD DARE SUPPLIES 2,815 2,782 3,014 2,107 2,809 2,719 2,865 101-4226-21-0400 PD CITIZENS ACADEMY- SUPPLIES 478 98 - - 520 495 531 101-4226-21-0500 PD VEST GRANT SUPPLIES 4,450 5,750 5,635 9,313 6,958 1,180 7,097 101-4308-27-0000 AC ANIMAL CONTROL CONTRACT 1,070 26 206 0 500 500 500 101-4309-21-0000 PD CONTRACTED IT & SFTW SUPPORT 42,473 39,422 45,790 56,748 64,864 64,864 66,780 101-4310-21-0000 PD MISC CONTRACTED SERVICES 9,642 5,002 5,766 8,074 8,138 8,138 3,250 101-4325-21-0000 PD COMMUNICATIONS 44,580 43,494 43,150 44,478 46,637 46,637 46,700 101-4333-21-0000 PD HC PRISONER SERVICES 22,527 10,429 5,176 5,692 12,600 5,318 12,852 101-4341-21-0000 PD TRAINING, CONF. & MTG.15,674 15,452 19,761 21,876 20,500 20,133 27,500 101-4342-21-0000 PD MEMBERSHIPS & DUES 2,136 2,065 1,972 2,085 2,399 2,580 2,447 101-4350-21-0000 PD PRINTED FORMS & ENVELOPES 578 1,482 935 902 1,350 600 1,377 101-4365-21-0000 PD INSURANCE PC / LIABILITY 83,776 28,667 49,414 51,476 50,220 47,940 52,423 101-4345-21-0000 PD MISC GRANTS REIMB EXPENDITURES - 1,730 1,655 1,293 - 898 - 101-4499-21-0000 PD MISCELLANEOUS 63 2,047 2,034 3,809 225 225 228 TOTAL 3,040,726$ 3,135,984$ 3,203,231$ 3,399,742$ 3,471,245$ 3,172,535$ 3,144,401$ FIRE PROTECTION 101-4110-22-0000 FD REGULAR EMPLOYEE 426,628$ 445,605$ $462,292 485,961$ 502,166$ 504,167$ 520,946$ 101-4110-22-0100 FD MECHANIC ALLOC- WAGES 9,064 9,298 10,134 9,198 9,726 10,145 10,310 101-4111-22-0000 FD OVERTIME EMPLOYEE 36,380 44,398 34,864 36,622 36,500 40,800 37,595 101-4111-22-0100 FD OT - UNION CONTRACT 37,184 34,102 34,097 33,950 35,169 35,169 36,224 101-4112-22-0000 FD PART-TIME EMPLOYEE 69,414 60,286 72,242 70,763 70,000 78,900 72,100 101-4112-22-0100 FD CODE ENFORCEMENT 11,312 8,492 9,091 8,513 13,625 9,133 13,625 101-4121-22-0000 FD PERA 75,750 80,222 87,999 91,759 92,962 93,325 97,374 101-4121-22-0100 FD MECHANIC ALLOC- PERA 662 685 787 741 729 780 773 101-4122-22-0000 FD FICA/MEDICARE 11,747 11,133 11,995 11,674 13,277 12,573 13,739 101-4122-22-0100 FD MECHANIC FICA/MEDICARE 702 722 775 715 788 788 812 101-4123-22-0000 FD CITY CONTR- FIRE RELIEF 6,000 6,000 6,000 6,000 6,000 6,000 6,000 101-4124-22-0000 FD CONTR. STATE AID FIRE RELIEF 45,672 49,251 47,725 50,174 45,672 45,672 45,672 101-4131-22-0000 FD INSURANCE HEALTH 79,440 84,419 80,356 84,639 88,060 92,250 100,113 101-4131-22-0100 FD MECHANIC ALLOC- HLTH INS 1,909 1,875 1,489 254 374 375 675 101-4135-22-0000 FD INSURANCE WC - 14,805 23,823 27,580 29,685 26,793 29,366 101-4140-22-0000 FD UNIFORM EXPENSES 6,216 8,031 7,103 7,461 8,996 8,996 9,176 23 Fiscal Year 2018 12/31/2015 $14.00 ACTUAL 2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 BUDGET 2017 EST. ACTUAL 2017 BUDGET 2018 GENERAL FUND EXPENDITURES DETAIL 101-4212-22-0100 FD MOTOR FUELS 8,688 8,393 6,919 5,064 4,925 5,325 5,898 101-4221-22-0000 FD SUPPLIES- EQUIPMENT 3,071 2,818 2,705 2,277 3,570 2,819 3,641 101-4221-22-0100 FD VEHICLE REPAIRS/PARTS 15,132 8,519 9,114 16,984 13,005 12,411 13,265 101-4225-22-0000 FD FIRE PREVENTION SUPPLIES 858 1,231 1,749 1,346 1,275 1,675 1,450 101-4226-22-0000 FD GENERAL SUPPLIES 8,528 4,188 4,057 4,379 4,845 5,312 4,942 101-4226-22-0100 FD SHOP SUPPLIES - 1,041 1,063 1,146 1,327 1,350 1,354 101-4227-22-0000 FD MEDICAL SUPPLIES - 4,599 4,952 3,810 5,355 4,095 5,462 101-4309-22-0000 FD CONTRACTED IT & SFTW SUPPORT 15,625 17,752 18,483 22,511 28,170 24,950 28,240 101-4310-22-0000 FD MISC CONTRACTED SERVICES 6,603 2,055 3,433 3,552 5,790 3,409 3,925 101-4325-22-0000 FD COMMUNICATIONS 14,196 16,604 16,355 15,512 15,510 16,090 15,700 101-4339-22-0000 FD EQUIP REPAIRS & MAINTENANCE 3,046 3,216 1,746 2,345 3,978 2,215 4,058 101-4340-22-0000 FD BLDG REPAIRS & MAINTENANCE - 2,358 1,006 698 1,040 750 1,061 101-4341-22-0000 FD TRAINING, CONF. & MTG.6,203 16,502 10,827 12,050 9,018 9,800 9,500 101-4342-22-0000 FD MEMBERSHIPS & DUES 996 1,984 893 966 2,050 1,601 1,025 101-4345-22-0000 FD GRANT REIMB EXPENDITURES 39,336 56,072 5,823 10,696 4,886 25,060 6,000 TOTAL 940,362$ 1,006,656$ 979,897$ 1,029,340$ 1,058,474$ 1,082,728$ 1,100,021$ PROTECTIVE INSPECTIONS 101-4110-24-0000 PI REGULAR EMPLOYEE 8,914$ 9,181$ 9,502$ 9,964$ 10,567$ 10,475$ 10,990$ 101-4121-24-0000 PI PERA 407 689 611 755 793 780 824 101-4122-24-0000 PI FICA/MEDICARE 683 702 729 763 808 788 841 101-4131-24-0000 PI INSURANCE HEALTH 554 841 815 947 1,122 1,055 1,150 101-4226-24-0000 PI GENERAL SUPPLIES 58 66 - - - - - 101-4320-24-0000 PI BUILDING OFFICAL CONTRACT 128,508 127,489 97,873 95,392 62,647 104,824 72,044 101-4321-24-0000 PI ELECTRICAL INSPECTOR 14,779 23,055 13,388 10,772 10,931 12,431 8,481 101-4350-24-0000 PI PRINTED FORMS & ENVELOPES - 212 336 92 100 100 100 TOTAL 153,903$ 162,235$ 123,253$ 118,685$ 86,968$ 130,453$ 94,430$ EMERGENCY MANAGEMENT 101-4110-25-0000 EMS REGULAR EMPLOYEE 45,837$ 42,817$ 45,169$ 47,613$ 49,390$ 51,116$ 55,162$ 101-4121-25-0000 EMS PERA 6,342 6,484 7,252 7,678 8,001 8,282 8,936 101-4122-25-0000 EMS FICA/MEDICARE 919 623 656 690 716 742 781 101-4131-25-0000 EMS INSURANCE HEALTH 7,092 6,948 6,697 7,116 7,116 6,963 7,285 101-4135-25-0000 EMS INSURANCE WC - 1,132 3,068 2,894 3,266 2,948 4,143 101-4221-25-0000 EMS SUPPLIES- EQUIPMENT 350 193 60 - 478 250 488 101-4227-25-0000 EMS MEDICAL SUPPLIES 68 - 891 150 - - - 101-4323-25-0000 EMS PAGERS, SIREN 1,197 1,178 1,336 1,251 1,425 1,220 1,454 24 Fiscal Year 2018 12/31/2015 $14.00 ACTUAL 2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 BUDGET 2017 EST. ACTUAL 2017 BUDGET 2018 GENERAL FUND EXPENDITURES DETAIL 101-4339-25-0000 EMS REPAIRS AND MAINTENANCE 6 29 - 221 510 250 520 101-4341-25-0000 EMS TRAINING, CONF. & MTG.49 992 1,098 193 2,000 500 1,500 101-4350-25-0000 EMS PRINTED FORMS & ENVELOPES 127 98 - - 150 150 153 TOTAL 61,987$ 60,494$ 66,228$ 67,806$ 73,053$ 72,421$ 80,422$ PUBLIC WORKS 101-4110-31-0000 PW REGULAR EMPLOYEE 276,308$ 258,502$ 272,301$ 273,345$ 271,776$ 266,791$ 280,283$ 101-4110-31-0100 PW MECHANIC 31,916 32,269 36,108 33,149 35,246 35,190 37,091 101-4111-31-0000 PW OVERTIME EMPLOYEE 21,476 21,045 4,507 6,005 15,699 15,699 17,500 101-4111-31-0100 PW OVERTIME MECHANIC 393 473 - 327 587 500 500 101-4112-31-0000 PW PART-TIME EMPLOYEE 29,407 26,055 26,956 27,407 32,773 29,576 33,756 101-4121-31-0000 PW PERA 21,289 14,273 19,780 21,168 21,561 20,712 22,334 101-4121-31-0100 PW MECHANIC ALLOC- PERA 2,342 2,404 2,717 2,594 2,687 2,726 2,819 101-4122-31-0000 PW FICA 24,904 23,108 22,622 21,821 24,499 21,962 25,363 101-4122-31-0100 PW MECHANIC ALLOC- FICA 2,472 2,526 2,493 2,778 2,741 2,891 2,876 101-4131-31-0000 PW INSURANCE HEALTH 47,166 51,774 55,860 59,897 58,606 57,128 60,583 101-4131-31-0100 PW MECHANIC ALLOC- HI 6,720 6,903 6,170 2,480 1,310 1,310 1,680 101-4135-31-0000 PW INSURANCE WC - 9,969 12,484 13,525 16,003 14,096 17,560 101-4140-31-0000 PW UNIFORM EXPENSES 6,014 4,307 6,377 8,567 4,850 9,658 5,250 101-4140-31-0100 PW UNIFORM EXPENSES - MECH 60 250 63 704 260 640 265 101-4212-31-0100 PW MOTOR FUELS MISC 217 531 227 1,304 1,250 1,100 1,313 101-4212-31-0200 PW MOTOR FUELS NB 103,295 105,800 100,434 70,612 84,850 75,775 84,854 101-4212-31-0300 PW FUEL - MWMO 1,775 1,424 1,888 1,124 1,500 1,375 1,500 101-4212-31-0400 PW FUEL - SANB #282 3,851 4,908 4,866 3,495 3,400 3,425 4,060 101-4212-31-0600 PW FUEL - STREET/PARKS 18,498 22,969 15,277 10,356 17,566 11,975 19,266 101-4221-31-0100 PW VEHICLE REPAIRS/PARTS 9,758 14,200 5,850 6,618 10,925 9,133 11,144 101-4223-31-0000 PW SMALL TOOLS MECHANIC 510 750 3,973 22 550 1,735 561 101-4223-31-0100 PW SMALL TOOLS 298 198 124 1,314 600 600 612 101-4224-31-0000 PW STREET SIGNS 2,868 997 444 1,522 2,295 600 2,295 101-4226-31-0000 PW GENERAL SUPPLIES 12,179 6,090 7,906 6,417 10,040 10,040 10,241 101-4226-31-0100 PW SHOP SUPPLIES 310 2,495 1,529 1,678 2,081 1,650 2,122 101-4228-31-0000 PW STREET REPAIR & MAINTENANCE 74,902 70,005 70,074 61,727 79,050 17,543 72,500 101-4229-31-0000 PW STREET CHEMICALS & SAND 34,863 33,279 34,029 7,275 34,629 29,100 35,322 101-4230-31-0000 PW STORMWATER MAINTENANCE 3,978 1,396 1,852 1,897 2,244 1,950 2,289 101-4303-31-0000 PW CONTRACTED ENGINEER 15,644 17,938 26,802 34,172 26,010 24,220 25,000 101-4309-31-0000 PW CONTRACTED IT & SFTW SUPPORT 3,541 6,825 5,091 6,557 7,385 7,385 7,785 25 Fiscal Year 2018 12/31/2015 $14.00 ACTUAL 2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 BUDGET 2017 EST. ACTUAL 2017 BUDGET 2018 GENERAL FUND EXPENDITURES DETAIL 101-4310-31-0000 PW MISC. CONTRACTED SERVICES 7,555 6,758 5,745 2,153 39,260 32,566 28,926 101-4325-31-0000 PW COMMUNICATIONS 4,151 3,833 3,878 3,526 2,815 2,978 2,911 101-4339-31-0000 PW EQUIP REPAIRS & MAINTENANCE 19,827 21,750 18,809 12,639 21,158 15,173 21,581 101-4340-31-0000 PW BLDG REPAIRS & MAINTENANCE - 120 - 1,560 960 1,591 101-4341-31-0000 PW TRAINING, CONF. & MTG.2,367 1,868 2,931 3,756 2,600 5,750 5,900 101-4342-31-0000 PW MEMBERSHIPS & DUES 286 621 849 689 625 1,200 1,200 101-4344-31-0000 PW TRAINING CERT PROGRAMS 2,360 2,308 3,009 300 2,800 2,800 2,856 101-4345-31-0000 PW GRANT REIMB EXPENDITURES 5,422 3,302 14,714 12,023 - 1,575 - 101-4381-31-0000 PW STREETLIGHTS & SIGNALS 70,282 65,015 60,447 70,049 76,000 71,650 74,000 101-4435-31-0000 PW CLEAN-UP DAY COSTS - 5,349 9 775 - - - 101-4499-31-0000 PW MISCELLANEOUS 166 2,329 - 50 150 50 150 TOTAL 869,370$ 856,797$ 859,315$ 795,817$ 919,940$ 811,187$ 927,838$ PARKS 101-4110-51-0000 PR REGULAR EMPLOYEE 93,825$ 107,611$ 111,130$ 100,528$ 111,285$ 101,910$ 107,462$ 101-4110-51-0100 TW REGULAR EMPLOYEE 25,124 25,387 26,678 27,130 28,010 27,995 29,160 101-4110-51-0200 PR COMMITTEE - - 240 180 340 350 340 101-4111-51-0000 PR OVERTIME EMPLOYEE 3,832 8,553 1,790 2,229 5,699 2,750 4,250 101-4111-51-0100 TW OVERTIME EMPLOYEE 674 870 454 369 888 690 770 101-4121-51-0000 PR PERA 7,249 4,913 8,032 7,921 8,774 7,934 8,378 101-4121-51-0100 TW PERA 2,459 1,910 1,877 2,132 2,167 2,198 2,245 101-4122-51-0000 PR FICA/MEDICARE 7,261 8,340 8,470 7,791 8,949 8,070 8,546 101-4122-51-0100 TW FICA/MEDICARE 1,835 2,017 2,132 2,186 2,211 2,250 2,290 101-4131-51-0000 PR INSURANCE HEALTH 21,900 24,958 27,720 24,223 28,194 18,850 20,892 101-4131-51-0100 TW INSURANCE HEALTH 3,794 4,139 4,399 4,767 4,767 5,169 5,634 101-4135-51-0000 PR INSURANCE WC - 1,841 2,933 3,258 4,176 3,520 2,740 101-4135-51-0100 TW INSURANCE WC - 1,219 2,390 2,116 2,764 2,339 1,827 101-4212-51-0000 PW FUEL - STREET/PARKS - 11,178 - - - - - 101-4226-51-0000 PR GENERAL SUPPLIES 1,867 7,630 16,188 11,193 11,220 12,300 11,444 101-4310-51-0100 TW MISC. CONTRACTED SERVICES - 1,112 - 1,060 1,172 500 1,195 101-4325-51-0000 PR COMMUNICATIONS 1,385 1,343 1,369 1,285 1,475 1,370 1,377 101-4325-51-0100 TW COMMUNICATIONS 131 146 155 155 195 180 172 101-4337-51-0000 PR STRUCTURES REPAIRS & MAINT.4,835 5,968 8,336 6,687 5,981 8,195 6,101 101-4338-51-0100 TW TREE REPLACEMENT 2,934 3,242 3,439 4,561 3,264 3,264 3,329 101-4339-51-0000 PR EQUIP REPAIRS & MAINTENANCE 9,077 3,495 2,343 8,554 8,583 8,115 8,755 101-4339-51-0100 TW EQUIP REPAIRS & MAINTENANCE 11 - - - 260 150 265 26 Fiscal Year 2018 12/31/2015 $14.00 ACTUAL 2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 BUDGET 2017 EST. ACTUAL 2017 BUDGET 2018 GENERAL FUND EXPENDITURES DETAIL 101-4381-51-0000 PR ELECTRIC AND GAS UTILITIES 18,360 19,475 16,540 20,135 21,479 19,575 21,479 101-4415-51-0000 PR SS RENTALS 2,047 2,158 1,936 2,423 2,550 2,550 2,601 101-4499-51-0000 PR MISCELLANEOUS - 16 - - 102 50 104 101-4499-51-0100 TW MISCELLANEOUS - - - - 102 50 104 101-4671-61-0000 CS ISD 282 REC PROGRAMS 52,176 52,176 52,176 52,176 52,176 52,176 52,176 TOTAL 260,776$ 299,696$ 300,726$ 293,059$ 316,783$ 292,500$ 303,637$ OTHER EXPENDITURES AND TRANSFERS 101-4335-70-0000 INSURANCE CLAIMS 22,710$ 22,694$ 7,593$ 21,989$ 6,120 19,695 6,242 101-4343-70-0000 GARE/INCLUSION COMMITTEE - - - - - 9,750 - 101-4499-70-0000 NB MISCELLANEOUS - - - - - - - 101-4499-23-0000 INCIDENT EXPENSE - - - 553,339 - 881,100 - 101-4920-70-0000 TRANSFER - SEVERENCE FUND - 86,300 86,300 86,300 86,300 86,300 86,300 101-4920-70-0000 TRANSFER - HRA PROJECTS FUND - - 121,354 - - - - 101-4920-70-0000 TRANSFER - HRA FUND - - 82,239 - - - - 101-4920-70-0000 TRANSFER - RECYCLING / REBATE 25,000 - - - - - - TOTAL 47,710$ 108,994$ 297,486$ 661,628$ 92,420$ 996,845$ 92,542$ TOTAL FUND EXPENDITURES 6,198,569$ 6,566,874$ 6,782,676$ 7,411,346$ 7,091,990$ 7,647,888$ 6,835,142$ TOTAL FUND REVENUE 6,371,771$ 6,890,891$ 6,756,133$ 7,285,001$ 7,127,022$ 7,678,457$ 6,844,116$ CHANGE IN FUND BALANCE 173,202$ 324,017$ (26,543)$ *(126,345)$ 35,031$ 30,568$ 8,974$ BEGINNING FUND BALANCE 1,975,337 2,148,539 2,472,555 2,446,012 2,319,667 2,319,667 2,350,236 ENDING FUND BALANCE 2,148,539$ 2,472,555$ 2,446,012$ 2,319,667$ 2,354,699$ 2,350,236$ 2,359,210$ 2,016$ 2,017$ 7,091,990$ 6,835,139$ *SCHEDULED USE OF FUND BALANCE ($1,345,198.00)($692,768.00) 5,746,792$ 6,142,371$ $8,974.00 27 THIS PAGE LEFT INTENTIONALLY BLANK 28 LIQUOR OPERATIONS The Liquor Fund is an enterprise fund used to account for operations in a manner that is similar to private business. Profits from operations are directed to the General Fund and Capital Equipment Fund. UTILITY (WATER & SEWER) Enterprise Funds are to account for operations that are financed and operated in a manner similar to private business. The intent of the City of St. Anthony is to provide water & sewer services that are to be recovered primarily on a user-fee basis to the residents and businesses of the City. ENTERPRISE FUNDS 29 Fiscal Year 2018 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 REVENUES SALES 6,908,143$ 6,136,301$ 5,954,858$ 5,875,921$ 5,920,381$ 5,720,563$ 5,806,371$ LESS: COGS (5,281,743) (4,704,566) (4,572,858) (4,468,066) (4,499,490) (4,347,628) (4,401,230) TOTAL GROSS PROFIT 1,626,400$ 1,431,735$ 1,382,000$ 1,407,855$ 1,420,892$ 1,372,935$ 1,405,142$ EXPENDITURES SALARIES, WAGES, BENEFITS FULL-TIME EMPLOYEES 256,953$ 275,162$ 290,075$ 289,058$ 297,622$ 313,020$ 340,832$ PART-TIME EMPLOYEES 268,346 228,449 191,735 215,389 235,467 224,933 246,302 ACCOUNTING WAGES 56,210 59,898 52,436 50,211 56,500 55,000 57,148 PERA 37,900 40,657 45,300 41,166 44,219 44,242 48,321 FICA/MEDICARE 41,449 41,319 39,625 40,266 43,037 43,020 49,288 INSURANCE HEALTH 64,529 67,167 69,768 72,209 68,286 72,550 91,772 INSURANCE WORKERS COMP 7,207 6,630 5,692 8,502 15,390 14,840 14,592 UNEMPLOYMENT BENEFITS 986 496 1,024 508 1,000 1,079 1,000 TOTAL 733,581$ 719,778$ 695,653$ 717,308$ 761,522$ 768,684$ 849,255$ ALL OTHER EXPENSES UNIFORMS -$ 943$ 657$ 844$ 867$ 2,314$ 2,360$ MATS/TOWELS LAUNDRY 6,253 11,060 4,085 3,828 3,917 4,555 4,646 OPERATING SUPPLIES 3,102 9,944 11,010 11,617 10,809 10,809 11,027 OFFICE SUPPLIES 6,426 3,943 2,946 2,884 3,500 3,500 3,500 SANITATION 1,251 1,430 1,535 1,980 2,004 2,116 2,158 SUPPLIES- EQUIPMENT 6,852 1,516 4,058 11,792 9,000 5,019 9,000 CREDIT CARD FEES 118,828 110,215 105,104 104,958 105,383 104,118 103,353 CAM CHARGES 41,521 67,440 70,351 50,859 52,851 55,811 62,558 FREIGHT 43,924 36,426 33,570 32,770 32,562 32,171 31,935 PROFESSIONAL SERVICES 8,063 6,116 7,701 4,679 7,200 4,450 5,750 AUDIT FEES 14,708 12,688 12,333 14,700 15,139 15,140 9,700 IT & SOFTWARE SUPPORT 13,538 16,756 20,223 24,921 28,674 26,674 26,100 MISC CONTRACTED SERVICES 1,798 562 527 320 460 460 270 WINDOW CLEANING 376 354 801 942 793 1,347 1,226 LIQUOR FUND - COMBINED OPERATIONS 30 Fiscal Year 2018 CLEANING SERVICE 3,487 733 7,238 270 500 150 500 COMMUNICATIONS 8,283 7,765 7,629 7,108 7,737 6,750 6,700 SECURITY MONITORING SERVICE 1,326 2,116 1,327 1,461 1,631 1,475 1,505 REPAIRS & MAINTENANCE 6,268 3,525 9,736 16,097 6,500 2,260 6,500 TRAINING, CONF. & MTG.1,562 1,622 1,305 1,015 1,611 865 1,628 MEMBERSHIPS & DUES 7,543 7,342 7,900 8,166 8,481 6,074 6,200 ADVERTISING AND SIGNAGE 13,589 11,063 10,193 2,295 8,000 2,950 5,000 INSURANCE PROPERTY / LIABILITY 16,214 15,246 15,032 13,693 12,345 11,487 12,443 ELECTRIC AND GAS UTILITIES 57,251 49,398 40,845 47,802 46,809 45,087 45,891 TOTAL OTHER EXPENSE 382,163$ 378,203$ 376,105$ 365,000$ 366,772$ 345,581$ 359,950$ TOTAL OPERATING EXPENSE 1,115,743$ 1,097,981$ 1,071,758$ 1,082,308$ 1,128,294$ 1,114,265$ 1,209,205$ OPERATING INCOME 510,657$ 333,755$ 310,242$ 325,547$ 292,598$ 258,670$ 195,937$ NON OPERATING INCOME / (EXPENSE)- 5,881 4,250 4,200 4,450 4,450 4,450 BOND/INTEREST FEES - - - - - - - DEPRECIATION EXPENSE 81,695 76,566 75,658 68,064 69,425 68,064 72,000 NET INCOME 428,962$ 263,070$ 238,834$ 261,682$ 227,622$ 195,056$ 128,387$ OTHER CASH USES TRANSFER TO GENERAL FUND 330,800$ 214,244$ 67,849$ 156,396$ 249,060$ 249,060$ 200,000$ TRANSFERS TO CAPITAL FUNDS 108,200 181,200 181,200 92,653 INTERFUND LOAN PRINCIPAL 73,000 - - - - - - ADD BACK DEPRECIATION EXPENSE (81,695) (76,566) (77,184) (68,064) (69,425) (68,064) (72,000) NET CHANGE IN ASSETS/LIABILITIES 47,117 (115,439) - - - - - TOTAL OTHER CASH USES 477,422$ 203,439$ 171,865$ 180,985$ 179,635$ 180,996$ 128,000$ NET INCREASE/(DECREASE) IN CASH (48,460)$ 59,631$ 66,969$ 80,698$ 47,988$ 14,060$ 387$ BEGINNING CASH BALANCE 450,268$ 401,808$ 461,439$ 528,408$ 609,106$ 657,093$ 671,153$ ENDING CASH BALANCE 401,808$ 461,439$ 528,408$ 609,106$ 657,093$ 671,153$ 671,541$ LIQUOR FUND - COMBINED OPERATIONS 31 Fiscal Year 2018 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET REVENUES 2013 2014 2015 2016 2017 2017 2018 Water Operations 880,851$ 875,407$ 897,232$ 917,927$ 987,456$ 989,791$ 1,044,818$ Sewer Operations 849,032 914,442 947,618 1,005,329 1,092,556 1,098,338 1,175,081 Total Operating Revenues 1,729,883$ 1,789,849$ 1,844,850$ 1,923,256$ 2,080,012$ 2,088,129$ 2,219,899$ EXPENDITURES Water Operations 619,477$ 601,617$ 618,069$ 787,497$ 920,079$ 876,584$ 940,252$ Sewer Operations 937,717 982,557 963,621 930,659 1,034,737 1,027,148 1,118,985 Total Operating Expenditures 1,557,194$ 1,584,174$ 1,581,690$ 1,718,156$ 1,954,816$ 1,903,732$ 2,059,237$ Combined Operating Income 172,689$ 205,675$ 263,160$ 205,100$ 125,196$ 184,397$ 160,661$ Other (Income)/Expense Water (41,064)$ (4,214)$ (1,938)$ (11,143)$ 9,650$ 10,100$ 10,100$ Sewer (99,138)(5,828)(21,139)(14,045)(1,400)(550)(550) Interest Income - - (499) (23,907) (11,500) (11,500) (13,605) Depreciation Expense 268,981 288,955 308,955 332,399 352,399 352,399 371,766 Total Other (Income)/Expense 128,779 278,913 285,380 283,304 349,149 350,449 367,711 Net Income/(Loss) 43,911$ (73,238)$ (22,220)$ (78,204)$ (223,953)$ (166,052)$ (207,049)$ Other Sources and Uses: Transfers Out -$ -$ (15,000)$ (225,000)$ -$ -$ -$ Transfers In - - - 1,632,862 - - - Debt Service Payments (153,458) (137,700) (140,450) (138,150) (145,750) (145,750) (148,200) Net Change in Assets / Liabilities 11,622 (39,142) (46,105) 49,451 - - - Proceeds Bonding/Army 13,524 - - 130,932 - - - Add back Depreciation Expense 268,981 288,955 308,955 332,399 352,399 352,399 371,766 Total Other Sources and Uses 140,669 112,113 107,400 1,782,494 206,649 206,649 223,566 Net increase (decrease) in cash 184,580$ 38,875$ 85,180$ 1,704,290$ (17,304)$ 40,597$ 16,517$ BEGINNING CASH BALANCE (182,618) 1,962 40,837 126,017 1,830,307 1,830,307 1,870,904 ENDING CASH BALANCE 1,962$ 40,837$ 126,017$ 1,830,307$ 1,813,003$ 1,870,904$ 1,887,422$ UTILITY FUND SUMMARY 32 Fiscal Year 2018 14 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 OPERATING INCOME 701-3710-0-0-00 WATER BILLINGS 875,788$ 869,372$ 891,132$ 911,902$ 981,030$ 982,649$ $1,037,742 701-3715-0-0-00 WATER ON/OFF FEES 510 735 450 525 550 550 550 701-3717-0-0-00 PENALTIES WATER 4,553 5,300 5,650 5,500 5,876 6,592 6,526 TOTAL 880,851$ 875,407$ 897,232$ 917,927$ 987,456$ 989,791$ $1,044,818 DISTRIBUTION OPERATING EXPENDITURES 701-4110-80-0000 WT REGULAR EMPLOYEE 282,686$ 284,852$ 286,793$ 298,315$ 315,278$ 308,500$ 328,044$ 701-4111-80-0000 WT OVERTIME EMPLOYEE 5,800 8,498 17,235 16,381 15,304 19,500 17,140 701-4115-80-0000 WT POST BENEFIT PAYOUT - - - 2,095 - - - 701-4121-80-0000 WT PERA 20,915 30,195 23,514 23,433 24,794 24,794 25,889 701-4122-80-0000 WT FICA/MEDICARE 22,270 22,143 22,135 23,637 25,289 25,289 26,407 701-4131-80-0000 WT INSURANCE HEALTH 45,270 49,415 53,691 58,664 60,008 51,113 55,615 701-4135-80-0000 WT INSURANCE WC 2,504 6,510 9,712 11,559 11,479 9,895 3,000 701-4211-80-0000 WT OFFICE SUPPLIES 594 1,126 785 721 740 740 750 701-4212-80-0000 WT MOTOR FUELS (6,689) 8,562 5,834 4,152 5,017 4,767 5,770 701-4221-80-0000 WT SUPPLIES-EQUIPMENT - - - 762 750 750 750 701-4226-80-0000 WT GENERAL SUPPLIES 3,759 2,996 3,416 4,253 2,657 2,100 2,142 701-4300-80-0000 WT AUDITOR 7,676 7,750 6,167 7,350 7,650 7,691 7,250 701-4309-80-0000 WT IT & SFTW SUPPORT 21,675 15,148 19,592 21,693 26,725 32,500 36,263 701-4310-80-0000 WT MISC CONTRACTED SERVICES 8,180 4,071 2,428 326 400 360 400 701-4310-80-0100 WT METER READING FEES 1,438 3,206 5,017 7,500 7,500 7,500 7,725 701-4325-80-0000 WT COMMUNICATIONS 10,921 10,273 9,949 10,391 10,641 9,543 9,734 701-4337-80-0000 WT MAIN REPAIRS & MAINTENANCE 19,068 7,127 24,925 1,104 11,500 4,500 11,500 701-4339-80-0000 WT EQUIP REPAIRS & MAINTENANCE 25,993 12,428 9,760 5,039 10,465 6,250 6,500 701-4340-80-0000 WT BLDG REPAIRS & MAINTENANCE 5,729 1,388 6,279 - 1,400 - - 701-4341-80-0000 WT TRAINING, CONF. & MTG.2,810 2,051 1,990 1,295 2,100 1,450 2,100 701-4341-80-0100 WT TUITION- CERTIFICATIONS 653 114 500 371 450 450 450 701-4342-80-0000 WT MEMBERSHIPS & DUES 530 349 399 491 500 500 500 701-4350-80-0000 WT PRINTING AND POSTAGE 1,245 4,764 4,588 1,681 4,394 4,250 4,335 701-4365-80-0000 WT INSURANCE PROPERTY / LIABILILITY 43,631 25,782 13,855 12,414 - - - 701-4381-80-0000 WT ELECTRIC AND GAS UTILITIES 92,818 92,869 89,504 86,619 16,600 10,160 12,090 TOTAL 619,477$ 601,617$ 618,069$ 600,246$ 561,641$ 532,602$ 564,353$ WATER OPERATIONS 33 Fiscal Year 2018 14 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 WATER OPERATIONS PRODUCTION OPERATING EXPENDITURES 701-4110-85-0000 REGULAR EMPLOYEE 56,678 58,446 58,446 60,633 701-4111-85-0000 OVERTIME EMPLOYEE 712 850 850 850 701-4121-85-0000 PERA 4,768 4,383 4,383 4,611 701-4122-85-0000 FICA/MEDICARE 4,875 4,471 4,471 4,703 701-4131-85-0000 INSURANCE HEALTH 9,235 9,578 10,127 11,037 701-4135-85-0000 WTR FILT INSURANCE WC 4,328 4,721 3,775 3,964 701-4221-85-0000 SUPPLIES- EQUIPMENT 3,146 3,500 1,500 1,650 701-4226-85-0000 GENERAL SUPPLIES 52,187 45,000 57,828 64,690 701-4226-85-0001 CARBON SUPPLY USAGE - 27,000 27,000 27,000 701-4226-85-0002 UV BULB SUPPLY USAGE - 13,300 13,300 13,300 701-4303-85-0000 ENGINEER EXPENSES 13,628 11,500 11,500 11,500 701-4308-85-0000 WATER QUALITY PROTECTION COSTS - 1,250 9,600 10,000 701-4309-85-0000 CONTRACTED IT & SFTW SUPPORT 330 - 2,830 2,925 701-4310-85-0000 MISC CONTRACTED SERVICES 386 - 400 450 701-4325-85-0000 COMMUNICATIONS 149 175 1,372 1,852 701-4339-85-0000 EQUIP REPAIRS & MAINTENANCE 11,748 24,750 13,690 14,500 701-4340-85-0000 BLDG REPAIRS & MAINTENANCE 9,554 12,500 4,250 6,750 701-4365-85-0000 INSURANCE PROPERTY / LIABILITY - 15,713 13,768 16,591 701-4381-85-0000 ELECTRIC AND GAS UTILITIES 15,527 121,300 104,891 118,892 TOTAL - - - 187,251 358,438 343,982 375,899 OPERATING INCOME (LOSS)261,374$ 273,790$ 279,163$ 130,430$ 67,377$ 113,207$ 104,566$ OTHER (INCOME) / EXPENSE 701-3891-0-0-00 WT MISCELLANEOUS INCOME (560) (2,529) (390) (2,495) (550) (550) (550) 701-3620-0-1-00 WT INTEREST INCOME - - (499) (23,907) (11,500) (11,500) (13,605) 701-3713-0-0-00 WT WATER CONNECTION FEES (52,200) (3,600) (3,180) (7,650) (450) - - 701-3910-0-0-00 WT SALE OF ASSETS - - - (1,170) - - - 701-4335-80-0000 WT BKUP RESTORATION COSTS 10,000 - - - 10,000 10,000 10,000 701-4499-80-0000 WT MISCELLANEOUS EXPENSE 1,696 1,915 1,632 172 650 650 650 TOTAL (41,064)$ (4,214)$ (2,437)$ (35,050)$ (1,850)$ (1,400)$ (3,505)$ OPERATING INCOME BEFORE DEPRECIATION 302,438$ 278,004$ 281,600$ 165,480$ 69,227$ 114,607$ 108,071$ PRIOR TO 2016 PRODUCTION COSTS ACCOUNTED FOR IN SEPARATE FUND 34 Fiscal Year 2018 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 OPERATING INCOME 701-3720-0-0-00 SEWER BILLINGS 849,032$ 914,442$ 947,618$ 1,005,329$ 1,092,556$ 1,098,338$ 1,175,081$ TOTAL 849,032$ 914,442$ 947,618$ 1,005,329$ 1,092,556$ 1,098,338$ 1,175,081$ OPERATING EXPENDITURES 701-4110-75-0000 SS REGULAR EMPLOYEE 184,517$ 187,990$ 200,036$ 203,152$ 211,649$ 211,649$ 221,309$ 701-4111-75-0000 SS OVERTIME EMPLOYEE 4,307 4,800 20,390 15,398 18,653 18,653 19,026 701-4121-75-0000 SS PERA 14,056 14,223 15,100 15,730 17,273 17,273 18,025 701-4122-75-0000 SS FICA/MEDICARE 14,519 14,517 15,205 15,791 17,618 17,618 18,386 701-4131-75-0000 SS INSURANCE HEALTH 31,999 35,406 40,215 42,862 43,224 39,400 41,841 701-4135-75-0000 SS INSURANCE WC 2,191 2,818 4,522 5,314 5,292 4,685 3,000 701-4211-75-0000 SS OFFICE SUPPLIES - 30 - - 150 150 150 701-4212-75-0000 SS MOTOR FUELS 12,034 12,049 8,710 6,221 7,464 6,864 8,583 701-4226-75-0000 SS GENERAL SUPPLIES 3,021 4,805 4,704 3,128 1,850 950 1,250 701-4300-75-0000 SS AUDITOR 6,141 6,200 4,933 5,880 6,120 6,153 7,250 701-4309-75-0000 SS IT & SFTW SUPPORT 11,230 9,997 7,668 8,148 10,428 13,500 14,065 701-4310-75-0000 SS MISC CONTRACTED SERVICES 7,079 4,659 2,428 331 400 400 4,700 701-4325-75-0000 SS COMMUNICATIONS 6,501 4,599 5,112 3,964 4,170 3,390 3,320 701-4335-75-0000 SS BKUP RESTORATION COSTS - 8,785 - - 10,000 - 10,000 701-4339-75-0000 SS EQUIP REPAIRS & MAINTENANCE 12,937 11,894 15,700 2,487 11,770 17,525 13,500 701-4341-75-0000 SS TRAINING, CONF. & MTG.1,923 625 885 934 1,100 1,100 1,100 701-4341-75-0100 SS TUITION- CERTIFICATIONS - 340 245 - 575 575 575 701-4342-75-0000 SS MEMBERSHIP & DUES - - - - - - - 701-4350-75-0000 SS PRINTING AND POSTAGE 1,245 1,914 1,688 1,681 3,987 4,250 4,335 701-4365-75-0000 SS INSURANCE PROPERTY/ LIABILITY 27,010 28,385 16,118 13,100 9,791 9,791 9,777 701-4375-75-0000 SS MCES WASTE TREATMENT CHARGE 588,795 620,470 593,381 576,237 643,390 643,390 708,567 701-4381-75-0000 SS ELECTRIC AND GAS UTILITIES 8,211 8,051 6,581 10,301 9,833 9,833 10,226 TOTAL 937,717$ 982,557$ 963,621$ 930,659$ 1,034,737$ 1,027,148$ 1,118,985$ OPERATING INCOME (LOSS)(88,684)$ (68,115)$ (16,003)$ 74,670$ 57,819$ 71,190$ 56,096$ SEWER OPERATIONS 35 Fiscal Year 2018 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 SEWER OPERATIONS OTHER (INCOME) / EXPENSE 701-3723-0-0-00 SEWER CONNECTION FEES (98,600)$ (6,800)$ (5,950)$ (7,650)$ (850)$ -$ -$ 701-3891-0-0-00 SS MISCELLANEOUS INCOME (557)(653) (16,001) (6,305)(650)(650)(650) 701-3910-0-0-00 SS SALE OF ASSETS 0 0 0 (180) 701-4499-75-0000 SS MISCELLANEOUS EXPENSE 19 1,625 813 90 100 100 100 TOTAL (99,138)$ (5,828)$ (21,139)$ (14,045)$ (1,400)$ (550)$ (550)$ NET INCOME (LOSS) BEFORE DEPRECIATION 10,454$ (62,287)$ 5,135$ 88,715$ 59,219$ 71,740$ 56,646$ 36 HOUSING & REDEVELOPMENT AUTHORITY The Housing and Redevelopment Authority is comprised of the Mayor and four City Council members serving as the Board. The H.R.A. oversees all commercial and residential redevelopment activities in the community. RECYCLING The City’s recycling program promotes recycling efforts through-out the City. The fund receives grants from both Hennepin and Ramsey Counties to support these efforts FORFEITURE The Forfeiture Fund covers the costs associated with drug and alcohol forfeitures of personal property. This account is funded by the sale of DWI and drug related vehicle forfeitures. State law governs and restricts the use of these funds to DWI/Drug related enforcement activities. FIRE EDUCATION/TRAINING The Fire Education & Training Fund is an education program that is designed to provide training to Police and Fire personnel. The Fund allows the City to use its existing trained Fire personnel to provide education services for both in-house and outside organizations. COMMUNITY CENTER The Community Center Fund purpose is to account for the costs to operate and maintain the Community Center building at 3301 Silver Lake Road. SPECIAL REVENUE FUNDS 37 Fiscal Year 2018 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 REVENUES 301-3101-0-0-00 PROPERTY TAX LEVY/MVHC 148,665$ 153,194$ 130,312$ 138,346$ 157,800$ 157,800$ 162,534$ 301-3804-0-0-00 REFUNDS AND REIMBURSEMENTS 675 - 2,372 - 500 500 500 301-3810-0-0-00 INVESTMENT INCOME 6,278 - - - - 100 150 301-3920-0-0-00 TRANSFER - GENERAL FUND - - 82,239 - - - - 301-3920-0-0-00 TRANSFER - HRA PROJECTS FUND - - 71,941 - - - - TOTAL 155,618$ 153,194$ 286,864$ 138,346$ 158,300$ 158,400$ 163,184$ EXPENDITURES 301-4110-00-0000 REGULAR EMPLOYEE 70,524$ 72,743$ 76,197$ 81,391$ 84,425$ 85,478$ 90,536$ 301-4121-00-0000 PERA 4,822 5,027 5,681 6,078 6,332 6,411 6,790 301-4122-00-0000 FICA/MEDICARE 5,042 5,472 5,742 6,126 6,459 6,539 6,926 301-4131-00-0000 INSURANCE HEALTH 4,995 5,616 11,173 12,497 12,156 12,156 12,759 301-4135-00-0000 INSURANCE WC - - 248 326 990 899 846 301-4300-00-0000 PROFESSIONAL SERVICES 5,468 7,931 4,111 5,452 5,250 6,112 5,250 301-4321-00-0000 GMHC - PROGRAM FEE 12,500 12,500 12,500 40,676 12,500 10,417 460 301-4322-00-0000 SALO PARK MAINT. CONTRACT 26,500 33,598 - 320 - - - 301-4324-00-0000 ECONOMIC DEVELOPMENT 5,683 107 2,250 2,250 2,250 2,250 2,250 301-4499-00-0000 MISCELLANEOUS EXPENSE 72 160 - .- - - 301-4920-00-0000 TRANSFERS-OUT - - - - - - - TOTAL 135,606$ 143,154$ 117,902$ 155,116$ 130,361$ 130,261$ 125,817$ NET CHANGE 20,013$ 10,040$ 168,962$ (16,770)$ 27,939$ 28,139$ 37,367$ BEGINNING FUND BALANCE (189,827)$ (169,815)$ (159,775)$ 9,188$ (7,582)$ (7,582)$ 20,557$ ENDING FUND BALANCE (169,815)$ (159,775)$ 9,188$ (7,582)$ 20,356$ 20,557$ 57,924$ HOUSING & REDEVELOPMENT AUTHORITY 38 Fiscal Year 2018 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 REVENUES 225-3362-0-0-01 RECYCLING GRANT RC -$ -$ -$ -$ -$ -$ -$ 225-3362-0-0-02 RECYCLING GRANT HC 17,340 17,384 21,327 20,768 20,768 18,989 17,090 225-3410-0-1-00 CLEAN-UP DAY FEES 2,683 - 3,465 2,636 2,950 3,598 3,250 225-3810-0-0-00 INVESTMENT INCOME - 76 125 182 50 50 50 225-3891-0-0-00 MISCELLANEOUS REVENUE 625 - - - - - - 225-3920-0-0-00 TRANSFERS-IN LIQUOR 25,000 - - - - - - TOTAL 45,648$ 17,460$ 24,918$ 23,586$ 23,768$ 22,637$ 20,390$ EXPENDITURES 225-4110-00-0000 REGULAR EMPLOYEE 472$ -$ 5,494$ 6,143$ 6,462$ 6,462$ 7,125$ 225-4111-00-0000 OVERTIME EMPLOYEE - - 39 - - - - 225-4121-00-0000 PERA - - 427 461 485 485 534 225-4122-00-0000 FICA/MEDICARE - - 424 470 494 494 545 225-4131-00-0000 INSURANCE HEALTH - - 1,370 1,690 1,652 1,652 1,732 225-4300-00-0000 RC COMPOST - - - - - - - 225-4350-00-0000 NEWSLETTER COSTS 5,502 - 5,178 4,557 6,125 6,501 6,750 225-4385-00-0000 RECYCLING REBATE HC 15,521 15,645 - - - - - 225-4435-00-0000 CLEAN-UP DAY COSTS 3,866 - 5,861 3,731 4,100 6,033 5,000 225-4499-00-0000 MISCELLANEOUS EXPENSE - - - - - - - 225-4920-00-0000 TRANSFERS-OUT - - - - - - - TOTAL 25,360$ 15,645$ 18,794$ 17,052$ 19,318$ 21,627$ 21,686$ NET CHANGE 20,288$ 1,815$ 6,124$ 6,534$ 4,450$ 1,010$ (1,296)$ BEGINNING FUND BALANCE (16,435) 3,853 5,668 11,792 18,326 18,326 19,336 ENDING FUND BALANCE 3,853$ 5,668$ 11,792$ 18,326$ 22,776$ 19,336$ 18,040$ RECYCLING FUND 39 Fiscal Year 2018 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 REVENUES 230-3360-0-0-00 GRANT REVENUE -$ -$ -$ -$ -$ -$ -$ 230-3520-0-0-00 FORFEITURES 11,110 7,549 5,721 9,810 6,500 2,425 2,750 230-3810-0-0-00 INVESTMENT INCOME (124) 488 362 418 425 225 425 230-3891-0-0-00 MISCELLANEOUS INCOME - - - - - - - 230-3910-0-0-00 SALE OF ASSETS - - - - 230-3920-0-0-00 TRANSFER-IN - - - - TOTAL 10,987$ 8,037$ 6,084$ 10,228$ 6,925$ 2,650$ 3,175$ EXPENDITURES 230-4221-00-0000 SUPPLIES- EQUIPMENT -$ 1,022$ 6,102 -$ 1,750$ 2,825$ 1,750$ 230-4226-00-0000 GENERAL SUPPLIES - 839 - 520 550 531 230-4310-00-0000 EAST METRO SWAT MEMBERSHIP 2,608 2,818 3,082 2,903 3,000 3,253 3,500 230-4499-00-0000 MISCELLANEOUS EXPENSE 2,703 1,766 1,086 857 1,500 950 1,000 230-4920-00-0000 TRANSFER-OUT - - - - - - - TOTAL 11,104$ 5,606$ 11,109$ 3,760$ 6,770$ 7,578$ 6,781$ NET CHANGE (117)$ 2,431$ (5,025)$ 6,468$ 155$ (4,928)$ (3,606)$ BEGINNING FUND BALANCE 28,858 28,741 31,171 26,147 32,615 32,615 27,687 ENDING FUND BALANCE 28,741$ 31,171$ 26,147$ 32,615$ 32,769$ 27,687$ 24,081$ FORFEITURE FUND 40 Fiscal Year 2018 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 REVENUES 240-3440-0-0-00 INSTRUCTOR FEES 3,299$ 3,130$ 3,662$ 3,623$ 3,100$ 1,934$ 2,500$ 240-3891-0-0-00 MISCELLANEOUS INCOME 1,724 316 43 61 25 25 25 TOTAL 5,023$ 3,446$ 3,705$ 3,684$ 3,125$ 1,959$ 2,525$ EXPENDITURES 240-4110-00-0000 REGULAR EMPLOYEE 4,000$ 1,340$ 1,420$ 1,260$ 1,400$ 280$ 1,000$ 240-4121-00-0000 PERA/FICA 377 - - - - - - 240-4225-00-0000 TRAINING SUPPLIES 308 2,134 1,043 2,062 1,500 475 750 240-4426-00-0000 GENERAL SUPPLIES 1,186 246 - - 150 50 100 240-4499-00-0000 MISCELLANEOUS EXPENSE - - - TOTAL 5,871$ 3,720$ 2,463$ 3,322$ 3,050$ 805$ 1,850$ NET CHANGE (848)$ (274)$ 1,242$ 362$ 75$ 1,154$ 675$ BEGINNING FUND BALANCE 4,032 3,184 2,910 4,152 4,514 4,514 5,668 ENDING FUND BALANCE 3,184$ 2,910$ 4,152$ 4,514$ 4,589$ 5,668$ 6,343$ FIRE EDUCATOR/TRAINING 41 Fiscal Year 2018 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2013 2014 2015 2016 2017 2017 2018 REVENUES 601-3410-0-0-00 RENTAL RECEIPTS (SCHOOL DISTRICT)125,000$ 125,000$ 125,000$ 125,000$ 127,300$ 127,300$ 127,300$ 601-3810-0-0-00 INTEREST EARNINGS (842) 439 430 859 425 425 425 601-3891-0-0-00 MISC INCOME-INSURANCE - 6,980 - - - - - 601-3920-0-0-00 RENT TRANSFER 70,150 64,654 78,650 81,800 85,890 85,890 90,185 TOTAL 194,308$ 197,073$ 204,080$ 207,659$ 213,615$ 213,615$ 217,910$ EXPENDITURES 601-4110-00-0000 CC REGULAR EMPLOYEE 10,310$ 9,916$ 10,611$ 10,883$ 37,252$ 30,215$ 31,543$ 601-4111-00-0000 CC OVERTIME EMPLOYEE 468 930 24 55 - 185 200 601-4121-00-0000 CC PERA 1,579 789 842 882 2,794 2,280 2,381 601-4122-00-0000 CC FICA/MEDICARE - 832 839 897 2,850 2,326 2,428 601-4131-00-0000 CC INSURANCE HEALTH 1,544 1,656 1,779 1,946 2,858 5,555 5,867 601-4135-00-0000 CC INSURANCE WC - - 186 339 649 746 959 601-4226-00-0000 CC GENERAL SUPPLIES 179 2,151 3,489 2,579 3,489 3,489 3,489 601-4309-00-0000 CC CONTRACTED JANITORIAL 45,888 43,936 42,936 42,976 - - - 601-4310-00-0000 CC RUGS AND REFUSE SERVICES 4,040 6,135 3,978 3,816 4,942 3,657 3,785 601-4325-00-0000 CC COMMUNICATIONS 1,654 2,332 1,820 1,851 1,800 2,251 2,364 601-4340-00-0000 CC REPAIRS & MAINTENANCE 37,481 52,142 37,371 15,465 22,185 22,520 23,646 601-4381-00-0000 CC ELECTRIC & GAS UTILITIES 65,699 70,188 61,262 63,390 69,987 61,390 67,500 601-4365-00-0000 CC INSURANCE PROPERTY / LIABILITY 170 1,808 3,997 3,686 4,950 3,460 3,777 TOTAL 169,012$ 192,816$ 169,135$ 148,765$ 153,756$ 138,074$ 147,939$ NET INCOME 25,296 4,257 34,946 58,894 59,859 75,541 69,971 NET CHANGE IN ASSETS / LIABILITIES - - - - - - - TRANSFER TO BUILDING IMP FUND (145,000) (25,000) (25,000) (25,000) (85,890) (85,890) (90,185) BEGINNING FUND BALANCE 156,262 36,558 15,815 25,761 59,655 59,655 49,306 ENDING FUND BALANCE 36,558$ 15,815$ 25,761$ 59,655$ 33,624$ 49,306$ 29,093$ COMMUNITY SERVICE CENTER 42  Capital Equipment  Building Improvements  Street Improvements  Public Utilities Infrastructure  Stormwater Improvements  Park Improvements CAPITAL FUNDS 43 Fiscal Year 2018 SOURCES 2017 Est. Actual 2017 2018 2019 2020 2021 2022 2023-2028 2029-2034 Capital Improvement Levy 233,200$ 233,200$ 233,200$ 258,200$ 283,200$ 308,200$ 308,200$ 1,849,200$ 1,849,200$ MSA/Revolving Funds 90,000 90,000 90,000 90,000 90,000 90,000 90,000 540,000 540,000 Water Filtration Closing Transfer - - - - - - - - - Utility Fund Transfer - - - - - - - - - Trade/Sale of Equipment 3,500 56,544 3,500 3,500 3,500 3,500 3,500 21,000 21,000 Donations/Grants - 8,573 40,465 - - - - - - Net Bond Proceeds - 533,266 - - - - - - - TOTAL 326,700$ 921,583$ 367,165$ 351,700$ 376,700$ 401,700$ 401,700$ 2,410,200$ 2,410,200$ Uses Police 300,369$ 284,624$ 255,556$ 189,077$ 127,203$ 175,836$ 168,823$ 1,295,722$ 1,258,467$ Fire 49,854 34,508 88,356 110,097 187,664 85,355 141,184 971,804 556,860 Administration/Finance 33,609 28,149 94,944 12,657 2,740 26,500 31,312 183,106 54,738 Streets 83,713 75,058 76,981 113,332 35,388 62,770 48,933 388,915 233,677 Parks 64,551 49,343 26,648 13,525 68,858 128,120 26,265 249,304 360,029 DAILY OPERATIONS-MINIMAL EQUIPMENT NEEDS 532,096 471,682 542,485 438,689 421,854 478,581 416,517 3,088,851 2,463,771 MINIMAL SHORTFALL (205,396)$ 449,900$ (175,320)$ (86,989)$ (45,154)$ (76,881)$ (14,817)$ (678,651)$ (53,571)$ SPECIFIC OPERATIONS - EQUIPMENT NEEDS* Scheduled Items Fire Engines - - 500,000 - - - - 515,000 525,000 Dump Trucks (moved 1 DT to utility fund)195,075 - - - - - - 270,108 311,538 1995 Street 444G Front-End Loader - - - - 179,259 - - - - 1999 Parks 4500 Tractor - - - - - 67,152 - - - 195,075 - 500,000 - 179,259 67,152 - 785,108 836,538 OVERALL SHORTFALL (400,471)$ 449,900$ (675,320)$ (86,989)$ (224,413)$ (144,033)$ (14,817)$ (1,463,759)$ (890,109)$ NET CHANGE (400,471)$ 449,900$ (675,320)$ (86,989)$ (224,413)$ (144,033)$ (14,817)$ (1,463,759)$ (890,109)$ BEGINNING CASH BALANCE 676,646$ 676,646$ 1,126,546$ 451,226$ 364,238$ 139,825$ (4,207)$ (19,025)$ (1,482,784)$ ENDING CASH BALANCE 276,175$ 1,126,546$ 451,226$ 364,238$ 139,825$ (4,207)$ (19,025)$ (1,482,784)$ (2,372,893)$ * CURRENTLY DEFERRING AS ALLOWED, FUTURE FUNDING SOURCE WILL COME FROM POST 2023 DEBT LEVY NEEDS CAPITAL EQUIPMENT 2018 - 2034 44 Fiscal Year 2018 2017 Est. Actual 2017 2018 2019 2020 2021 2022 2023-2028 2029-2034 Police Department Squads 78,755 78,754 83,160 92,155 86,058 90,871 93,598 635,538 759,471 Unmarked 28,840 27,336 29,561 - - 32,630 33,446 110,910 128,839 Technology 163,398 159,650 110,500 82,790 16,070 27,385 18,797 340,470 164,184 Specialty Equipment 5,837 5,426 12,448 11,593 15,352 12,299 6,636 100,656 86,656 Investigative Equipment 7,216 7,216 4,746 1,987 5,459 12,065 2,172 31,073 32,930 General Equipment 16,323 6,242 15,141 552 4,265 586 14,176 77,075 86,387 TOTAL PD 300,369$ 284,624$ 255,556$ 189,077$ 127,203$ 175,836$ 168,823$ 1,295,722$ 1,258,467$ Fire Department Apparatus - - 500,000 - 90,000 - 46,897 632,466 702,006 Station Based Equipment - - - - - - - 15,103 52,733 Protective Gear 7,641 - 58,630 5,520 16,398 - 14,478 264,820 167,472 Technology 17,609 14,028 541 17,289 569 5,505 7,359 89,184 64,917 Protective Equipment/Tools 16,820 15,705 10,200 19,700 2,500 12,400 6,650 113,725 68,711 Office Furniture 7,784 4,775 8,021 1,987 9,098 - - 38,306 26,021 Debt Service Payments - - 10,963 65,600 69,100 67,450 65,800 333,200 - TOTAL FD 49,854$ 34,508$ 588,356$ 110,097$ 187,664$ 85,355$ 141,184$ 1,486,804$ 1,081,860$ Administration/Finance Computer Hardware 12,525 13,390 13,050 725 750 16,500 21,660 35,606 28,738 Computer Software - - - - - - - 62,500 - Furniture and Equipment 21,084 14,759 - 10,000 - - - 75,000 10,000 Council Chambers - - 81,894 1,932 1,990 10,000 9,652 10,000 16,000 TOTAL AF 33,609$ 28,149$ 94,944$ 12,657$ 2,740$ 26,500$ 31,312$ 183,106$ 54,738$ DEPARTMENTAL SUMMARIES 2018-2034 45 Fiscal Year 2018 2017 Est. Actual 2017 2018 2019 2020 2021 2022 2023-2028 2029-2034 DEPARTMENTAL SUMMARIES 2018-2034 PUBLIC WORKS Streets Department Fleet replacements 45,000 40,306 - 34,779 - 55,638 38,003 100,553 159,789 Plows/Dump trucks 195,075 - - - - - - 270,108 311,538 Heavy Equipment 6,461 2,500 6,623 6,788 186,217 7,132 7,310 264,536 55,508 Speciality Equipment 32,252 32,252 70,358 71,765 28,430 - 3,619 23,826 18,380 TOTAL 278,788$ 75,058$ 76,981$ 113,332$ 214,647$ 62,770$ 48,933$ 659,023$ 545,215$ Parks Department Fleet replacements 37,000 40,823 - - - 49,781 - 48,252 111,580 Heavy Equipment - - 10,750 7,729 1,137 73,008 4,826 105,393 29,829 Mowers 17,570 6,329 9,201 552 62,546 62,983 - 29,829 139,309 Field Maintenance 4,222 - 500 - - 4,685 18,906 20,368 27,605 Rink Maintenance - - 216 2,539 - 586 - 13,636 24,322 Speciality Equipment 5,759 2,191 5,980 2,705 5,174 4,228 2,534 31,825 27,385 TOTAL 64,551$ 49,343$ 26,648$ 13,525$ 68,858$ 195,272$ 26,265$ 249,304$ 360,029$ TOTAL PW 343,339$ 124,402$ 103,629$ 126,857$ 283,505$ 258,041$ 75,199$ 908,327$ 905,244$ GRAND TOTAL 727,171$ 471,682$ 1,042,485$ 438,689$ 601,113$ 545,733$ 416,517$ 3,873,959$ 3,300,309$ 46 Fiscal Year 2018SOURCES2017Est. Actual 20172018 2019 2020 2021 2022 2023-2028 2029-2034Community Fund Transfer85,890$ 85,890$ 90,185$ 92,440$ 94,751$ 97,119$ 99,547$ 600,000$ 600,000$ Reimbursement for Liquor Stores - - - - - - 99,000 142,546 - Public Facilities Capital Levy (1 & 2) 73,000 73,000 73,000 78,000 83,000 88,000 93,000 663,000 843,000 TOTAL 158,890$ 158,890$ 163,185$ 170,440$ 177,751$ 185,119$ 291,547$ 1,405,546$ 1,443,000$ USESCity Hall/Community Center-$ 65,904$ 86,900$ -$ 177,100$ 180,000$ -$ 132,122$ 160,850$ Fire Station- 17,072 - 12,500 - - 48,500 75,917 - Public Works16,500 19,491 16,500 7,500 - - - 387,054 - Parks (3)- - - - - - - - - Liquor Stores6,250 5,476 - - - - 99,000 142,546 - TOTAL22,750$ 107,943$ 103,400$ 20,000$ 177,100$ 180,000$ 147,500$ 737,639$ 160,850$ NET CHANGE136,140 50,947 59,785 150,440 651 5,119 144,047 667,907 1,282,150 BEGINNING CASH BALANCE210,435 210,435 261,382 321,167 471,607 472,257 477,377 621,424 1,289,331 ENDING CASH BALANCE346,575$ 261,382$ 321,167$ 471,607$ 472,257$ 477,377$ 621,424$ 1,289,331$ 2,571,481$ (1) Annual Building Impovement Levy of $73,000 replaced traditional Liquor transfer. (2) Additional Building Impovement Levy of $5,000 annually beginning in 2019. (3) Park Commission evaluating needs.BUILDINGS IMPROVEMENT PLAN 2018 - 203447 Fiscal Year 2018SOURCES2017Est. Actual 20172018 2019 2020 2021 2022 2023-2028 2029-2034Bond Proceeds 2,634,494$ 2,634,494$ 2,212,000$ 2,239,000$ 2,031,000$ 2,284,000$ 2,407,000$ 14,435,000$ 1,721,000$ Road Improvement Levy 1,827,206 1,827,206 1,833,431 1,929,213 1,968,477 2,008,266 2,041,945 14,948,000 13,987,475 Prepaid Assessments 216,110 216,110 110,710 140,400 134,875 155,400 185,100 1,192,829 322,586 MSA Funds - not part of DLR- - - - - - 140,000 340,000 1,020,000 Grant Funding25,000 25,000 - - - - 250,000 - - Debt Levy Reduction Funding327,500 327,500 403,000 322,500 340,000 352,500 287,500 287,760 - Miscellaneous- - - - - - - - - TOTAL 5,030,310$ 5,030,310$ 4,559,141$ 4,631,113$ 4,474,352$ 4,800,166$ 5,311,545$ 31,203,590$ 17,051,061$ USESStreets/Utilities Reconstruction (1)2,649,280$ 2,649,280$ 2,381,940$ 2,320,000$ 2,084,000$ 2,276,000$ 2,636,000$ 11,960,000 1,020,000 Mill and Overlays60,700 60,700 40,100 - 30,200 - - 1,224,344 1,640,738 Alleys- - - - 80,000 60,000 90,000 98,851 340,242 Sidewalks/Street Lights- - - - - - - 500,768 1,477,869 Road Improvement debt2,154,706 2,154,706 2,236,431 2,251,713 2,308,477 2,360,766 2,329,445 15,235,760 13,987,475 Miscellaneous- - - - - - - - - TOTAL4,864,686$ 4,864,686$ 4,658,471$ 4,571,713$ 4,502,677$ 4,696,766$ 5,055,445$ 29,019,723$ 18,466,324$ NET CHANGE165,624$ 165,624$ (99,330)$ 59,400$ (28,325)$ 103,400$ 256,100$ 2,183,866$ (1,415,263)$ BEGINNING ACTIVITY- - 165,624 66,294 125,694 97,369 200,769 456,869 2,640,735 CUMULATIVE ACTIVITY 165,624$ 165,624$ 66,294$ 125,694$ 97,369$ 200,769$ 456,869$ 2,640,735$ 1,225,472$ (1) Street reconstruction program scheduled completion year 2027STREETS IMPROVEMENT PLAN 2018 - 203448 Fiscal Year 2018SOURCES2017Est. Actual20172018 2019 2020 2021 2022 2023-2028 2029-2034Water Filtration Fund close out -$ -$ -$ -$ -$ -$ -$ -$ -$ Interfund Loan collections (1)46,093 46,093 46,061 45,766 45,470 198,667191,976690,050 - Utility Fund Transfer (2)- - - - - - - 225,000 1,900,000 Connection fees - - - 170,000 255,000 255,000 - - - Interest and other income31,000 31,000 32,400 28,000 24,250 26,350 26,350 182,000 223,750 TOTAL 77,093$ 77,093$ 78,461$ 339,975$ 300,470$ 453,667$ 191,976$ 915,050$ 1,900,000$ USESWater Infrastructure (4)4,455,895 6,293,863 185,000 21,400 27,500 153,843 17,500 938,450 456,900 Water Equipment2,046 2,046 101,948 3,320 172,002 38,791 905 63,509 106,936 Sewer Infrastructure7,500 - 40,000 15,000 - - - 15,000 60,000 Sewer Equipment (3)2,046 2,046 101,948 251,738 1,422 3,651 905 63,509 574,617 Fiber Infrastructure- 3,135 100,000 - - - - - - TOTAL4,467,487$ 6,301,090$ 528,897$ 291,458$ 200,923$ 196,285$ 19,310$ 1,080,468$ 1,198,454$ NET CHANGE(4,390,394)$ (6,223,997)$ (450,436)$ 48,516$ 99,547$ 257,382$ 172,666$ (165,417)$ 701,546$ BEGINNING CASH BALANCE9,619,292 9,619,292 3,395,295 2,944,860 2,993,376 3,092,923 3,350,305 3,350,305 3,184,887 ENDING CASH BALANCE5,228,898$ 3,395,295$ 2,944,860$ 2,993,376$ 3,092,923$ 3,350,305$ 3,522,971$ 3,184,887$ 3,886,433$ (1) Principal collection of $959,326 estimated to begin 2021.(2) Utility Fund Transfer available upon retirement of Water Bonds in 2024.(3) Anticipates 50% equipment grant program by Water Management Organization(4) Anticipated greater construction spending in 2016 than actually ocurred therefore disbursements shifted to 2017UTILITIES INFRASTRUCTURE 2018 - 203449 Fiscal Year 2018SOURCES2017Est. Actual 20172018 2019 2020 20212022 2023-2028 2029-2034Stormwater fees UB196,654$ 197,722$ 201,393$ 206,207$ 211,094$ 216,054$ 221,132$ 1,295,060$ 1,320,961$ Grant-Regional SW Treatment- 88,841 - - - - - - - Partners -Silver Lake Mgmt plan- - 56,000 - - - - - - Rice Creek Watershed District776,100 647,768 180,987 - - - - - - Ramsey county - Mirrior Lake- - 8,960 - - - - - - Reimbursement revenues- 2,110 75,000 - - - - - - Grant-Industrial Park Flooding- - - 150,000 - - - - - Grant-Equipment- - - - 71,653 - - - 89,250 Interest1,100 950 2,000 2,750 3,250 3,500 3,500 48,000 76,750 TOTAL 973,854$ 937,391$ 524,340$ 358,957$ 285,996$ 219,554$ 224,632$ 1,343,060$ 1,486,961$ USESStormwater Maintenance 2,000$ 2,000$ 2,040$ 2,081$ 2,122$ 52,165$ 2,208$ 59,208$ 151,000$ Flood Improvements923,936 653,662 346,939 200,000 - - - - - Water Quality 32,000 64,122 96,640 34,843 178,839 61,238 36,956 292,602 510,682 Mandates13,900 13,900 6,558 6,721 6,889 7,064 7,245 57,633 55,942 Annual Reconstruction 150,000 150,000 95,000 85,000 85,000 85,000 95,000 330,000 - TOTAL1,121,836 883,683 547,176 328,644 272,850 205,467 141,408 739,443 717,624 NET CHANGE(147,982)$ 53,708$ (22,836)$ 30,313$ 13,146$ 14,088$ 83,223$ 603,617$ 769,337$ BEGINNING CASH BALANCE85,552 85,552 139,260 116,424 146,736 159,882 173,970 173,970 777,587 ENDING CASH BALANCE(62,430)$ 139,260$ 116,424$ 146,736$ 159,882$ 173,970$ 257,193$ 777,587$ 1,546,924$ STORMWATER 2018 - 203450 Fiscal Year 20182017Est. Actual 20172018 2019 2020 2021 2022 2023-2028 2029-2034SOURCESPark Dedication Fees (1)1,500$ 1,500$ 1,500$ 1,500$ 1,500$ 1,500$ 1,500$ 10,500$ 10,500$ Donations- - - - - - - - - Micellaneous Income1,250 1,125 1,136 725 800 850 900 5,795 5,853 TOTAL 2,750$ 2,625$ 2,636$ 2,225$ 2,300$ 2,350$ 2,400$ 16,295$ 16,353$ USESCentral Park7,586 12,295 42,966 - - - - - - Emerald Park7,665 3,311 38,048 - - - - - - Salo Park- - - - - - - - - Silver Point Park4,226 2,400 4,438 - - - - - - Trillium Park - - - - - - - - - Water Tower Park2,730 798 2,591 - - - - - - TOTAL 22,208 18,804 88,042 - - - - - - NET CHANGE(19,458)$ (16,179)$ (85,406)$ 2,225$ 2,300$ 2,350$ 2,400$ 16,295$ 16,353$ BEGINNING CASH BALANCE 148,368 148,368 132,189 46,783 49,008 51,308 53,658 56,058 72,353 ENDING CASH BALANCE128,911$ 132,189$ 46,783$ 49,008$ 51,308$ 53,658$ 56,058$ 72,353$ 88,706$ (1) Placeholder of one dedication fee per year.PARK IMPROVEMENT 2018-203451 THIS PAGE LEFT INTENTIONALLY BLANK 52 •Street Improvements •Tax Abatement and Lease Revenue DEBT SERVICE FUNDS 53 Fiscal Year 2017 - Estimated Actual 1998-2007 DS Funds 2008 DS Fund 2009 DS Fund 2010 DS Fund 2011 DS Fund 2012 DS Fund 2013 DS Fund 2014 DS Fund 2015 DS Fund 2016 DS Fund 2017 DS Fund Combined Est. Actual 503/345 365 512 (1)514 516 518 520 522 524 526 528 (2)2017 REVENUES STREET IMPROVEMENT LEVY, LESS DLR -$ 172,436$ 186,605$ 109,413$ 132,416$ 113,917$ 42,120$ 112,821$ 153,847$ 102,173$ -$ 1,125,748$ SPECIAL ASSESSMENTS 86,575 - 20,750 4,250 15,500 33,150 17,500 30,500 38,000 - - 246,225 INVESTMENT INCOME 8,550 1,050 1,825 1,100 2,750 2,450 2,700 1,400 1,800 600 150 24,375 OTHER - - 50,230 760 1,664 750 550 780 680 - - 55,414 TOTAL REVENUES 95,125 173,486 259,410 115,523 152,330 150,267 62,870 145,501 194,327 102,773 150 1,451,762 EXPENDITURES DEBT SERVICE: PRINCIPAL 920,000 135,000 385,000 85,000 115,000 135,000 115,000 125,000 155,000 - - 2,170,000 INTEREST 78,135 25,575 50,204 30,530 51,125 39,963 27,125 50,380 57,963 35,357 - 446,356 PAYING AGENT FEES 2,500 450 250 400 250 150 550 450 450 450 - 5,900 PROFESSIONAL SERVICE 3,000 250 3,250 150 125 150 150 150 150 150 150 7,675 TOTAL EXPENDITURES 1,003,635 161,275 438,704 116,080 166,500 175,263 142,825 175,980 213,563 35,957 150 2,629,931 REVENUES OVER (UNDER) EXPENDITURES (908,510)$ 12,211$ (179,294)$ (557)$ (14,170)$ (24,996)$ (79,955)$ (30,479)$ (19,236)$ 66,816$ -$ (1,178,169)$ OTHER FINANCING SOURCES (USES) CAPITALIZED INTEREST - - - - - - - - - - 54,817 54,817 PROJECT SAVINGS TRANSFERED IN - - - - - - - 2,200 149,000 - - 151,200 DLR TRANSFERS IN 81,000 - - - 8,000 31,000 52,000 34,000 29,000 - - 235,000 TOTAL OTHER FINANCING SOURCES 81,000 - - - 8,000 31,000 52,000 36,200 178,000 - 54,817 441,017 NET CHANGE IN FUND BALANCE (827,510)$ 12,211$ (179,294)$ (557)$ (6,170)$ 6,005$ (27,955)$ 5,721$ 158,765$ 66,816$ 54,817$ (737,152)$ (3) FUND BALANCE - JANUARY 1 2017 1,772,517 161,632 332,943 155,242 389,372 338,311 384,870 186,249 243,205 53,368 - 4,017,709 EST. FUND BALANCE - DECEMBER 31 2017 945,007$ 173,843$ 153,649$ 154,685$ 383,202$ 344,316$ 356,915$ 191,970$ 401,970$ 120,184$ 54,817$ 3,280,557$ 1) 2009 street bonds were refinanced for interest savings, prepaid assessment cash on hand was also used to reduce principal. 2) 2017 street bond proceeds includes capitalized interest. 3) Deby Levy Reduction plan called for use of Fund Balance along with notes 1 &2 impacts. STREET IMPROVEMENT DEBT SERVICE FUNDS 54 Fiscal Year 2018 - Budget 1998-2007 DS Funds 2008 DS Fund 2009 DS Fund 2010 DS Fund 2011 DS Fund 2012 DS Fund 2013 DS Fund 2014 DS Fund 2015 DS Fund 2016 DS Fund 2017 DS Fund Combined Budget 503/345 365 512 514 516 518 520 522 524 526 528 2017 REVENUES STREET IMPROVEMENT LEVY, LESS DLR 531,389 154,496 148,883 92,209 111,886 136,332 74,063 142,433 145,870 106,135 189,734 1,833,430$ SPECIAL ASSESSMENTS 56,000 - 20,700 5,000 15,000 33,875 17,200 25,500 31,950 19,876 - 225,101 INVESTMENT INCOME 10,250 1,100 2,050 1,000 2,500 2,125 2,300 1,200 1,600 400 - 24,525 OTHER - - - - - - - - - - - - TOTAL REVENUES 597,639$ 155,596$ 171,633$ 98,209$ 129,386$ 172,332$ 93,563$ 169,133$ 179,420$ 126,411$ 189,734$ 2,083,056$ EXPENDITURES DEBT SERVICE: PRINCIPAL 860,000 140,000 160,000 85,000 120,000 135,000 115,000 130,000 155,000 - - 1,900,000 INTEREST 59,607 22,825 46,493 28,299 47,600 37,262 26,320 48,190 54,863 35,357 93,817 500,632 PAYING AGENT FEES 2,500 450 250 400 250 150 550 450 450 450 - 5,900 PROFESSIONAL SERVICE 3,000 250 200 150 125 150 150 150 150 150 - 4,475 TOTAL EXPENDITURES 925,107 163,525 206,943 113,849 167,975 172,562 142,020 178,790 210,463 35,957 93,817 2,411,007 REVENUES OVER (UNDER) EXPENDITURES (327,468)$ (7,929)$ (35,310)$ (15,640)$ (38,589)$ (230)$ (48,457)$ (9,657)$ (31,043)$ 90,454$ 95,917$ (327,951)$ OTHER FINANCING SOURCES (USES) CAPITALIZED INTEREST - - - - - - - - - - - - DLR TRANSFERS IN 158,963 10,000 24,037 20,000 30,000 - - 10,000 10,000 - - 263,000 TOTAL OTHER FINANCING SOURCES 158,963 10,000 24,037 20,000 30,000 - - 10,000 10,000 - - 263,000 NET CHANGE IN FUND BALANCE (168,505)$ 2,071$ (11,273)$ 4,360$ (8,589)$ (230)$ (48,457)$ 343$ (21,043)$ 90,454$ 95,917$ (64,951)$ EST. FUND BALANCE - JANUARY 1 2018 945,007$ 173,843$ 153,649$ 154,685$ 383,202$ 344,316$ 356,915$ 191,970$ 401,970$ 120,184$ 54,817$ 3,280,557$ EST. FUND BALANCE - DECEMBER 31 2018 776,503$ 175,914$ 142,376$ 159,045$ 374,613$ 344,086$ 308,458$ 192,313$ 380,927$ 210,638$ 150,734$ 3,215,606$ 1) Deby Levy Reduction plan calls for use of Fund Balance STREET IMPROVEMENT DEBT SERVICE FUNDS 55 Fiscal Year 2017 - Estimated Actual CENTRAL PARK EMERALD PARK HISP / MIRROR LAKE 502 502 536 502/536 311 REVENUES TAX ABATEMENT/ LEASE REVENUE LEVY -$ 118,722$ 106,155$ 224,877$ 361,207$ (1) ISD DEBT CONTRIBUTION - - - - - INVESTMENT INCOME 175 250 - - 3,000 OTHER / BOND PROCEEDS - 835,000 693,138 1,528,138 - TOTAL REVENUES 175$ 953,972$ 799,293$ 1,753,015$ 364,207$ EXPENDITURES DEBT SERVICE: PRINCIPAL -$ 950,000 640,000 1,590,000 315,000 INTEREST - 27,428 27,236 54,664 55,490 PAYING AGENT FEES 251 200 450 901 200 PROFESSIONAL SERVICE 1,404 50 250 1,704 500 TOTAL EXPENDITURES 1,655 977,678 667,936 1,647,269 371,190 REVENUES OVER (UNDER) EXPENDITURES (1,480)$ (23,706)$ 131,357$ 105,746$ (6,983)$ OTHER FINANCING SOURCES (USES) BOND PREMIUM / ISSUANCE COSTS -$ 35,433 - 35,433 - TRANSFERS IN 1,480 (1,480) - - - TOTAL OTHER FINANCING SOURCES 1,480 33,953 - 35,433 - NET CHANGE IN FUND BALANCE -$ 10,247$ 131,357$ 10,247$ (6,983)$ EST. FUND BALANCE - JANUARY 1 2017 245,892$ 660,069$ EST. FUND BALANCE - DECEMBER 31 2017 256,139$ 653,086$ 1) Deby Levy Reduction plan called for reduced levy COMBINED TAX ABATEMENT PUBLIC FACILITIES LEASE REVENUE TAX ABATEMENT and LEASE REVENUE DEBT SERVICE FUNDS 56 Fiscal Year 2018 - Budget EMERALD PARK HISP / MIRROR LAKE 502 536 502/536 311 REVENUES TAX ABATEMENT/ LEASE REVENUE LEVY 123,060$ 104,370$ 227,430$ 361,207$ (1) ISD DEBT CONTRIBUTION - - - - INVESTMENT INCOME 250 - 250 3,000 OTHER- HISP GRANT - - - - TOTAL REVENUES 123,310$ 104,370$ 227,680$ 364,207$ EXPENDITURES DEBT SERVICE: PRINCIPAL 95,000 85,000 180,000 315,000 INTEREST 28,705 15,250 43,955 55,490 PAYING AGENT FEES 115 450 565 200 PROFESSIONAL SERVICE 250 250 500 500 TOTAL EXPENDITURES 124,070 100,950 225,020 371,190 REVENUES OVER (UNDER) EXPENDITURES (760)$ 3,420$ 2,660$ (6,983)$ OTHER FINANCING SOURCES (USES) CAPITALIZED INTEREST - - - - TRANSFERS IN - - - - TOTAL OTHER FINANCING SOURCES - - - - NET CHANGE IN FUND BALANCE (760)$ 3,420$ 2,660$ (6,983)$ EST. FUND BALANCE - JANUARY 1 2018 256,139$ 653,086$ EST. FUND BALANCE - DECEMBER 31 2018 258,799$ 646,103$ 1) Deby Levy Reduction plan calles for reduced levy TAX ABATEMENT and LEASE REVENUE DEBT SERVICE FUNDS COMBINED TAX ABATEMENT PUBLIC FACILITIES LEASE REVENUE 57 THIS PAGE LEFT INTENTIONALLY BLANK 58 •Budget Calendar •How Are My Taxes Used? •Salaries •City Fund Balances •Financial Management Policy •Exhibit A BUDGET INFORMATION 59 St. Anthony Budget Calendar followed for 2018 Budget (Significant Steps) January 19 & 20, 2017 Goal Setting, Financial Management and Planning. May 9, 2017: Public Hearing/Provide Residents with an Opportunity to have input in the budget process. May - June: City Manager & Staff Meetings to discuss: » Discussion on 2018 Operating Budget » Evaluating 5-Year Capital Equipment needs. May 30, 2017: Debt Levy Planning work session. August 22, 2017: Presentation of Proposed 2018 Budget & Property Tax Levy to the City Council September 12, 2017: Public Hearing to pass resolution setting the Preliminary 2018 Budget and Property Tax Levy September – December: City Manager & Staff meet to confirm parameters and estimates used in budgeting process. October 30, 2017: Capital Funds 2018-2034 Budgets reviewed at work session. December 12, 2017: Presentation of 2018 Annual Budget and Final Levy with Public Input: » Approving the Final 2018 Budget and Property Tax Levy » Adoption of 2018 Budget and Property Tax Levy 60 AVERAGE HOME VALUATION = $274,000 ANNUAL BUDGET TAXES =$1,059.19 ROAD LEVY TAXES = $488.48 PUBLIC FACILITIES - P/W & FIRE $91.89 TAX ABATEMENT $60.59 CAPITAL IMPROVEMENTS $81.58 TOTAL CITY PROPERTY TAXES = $1,781.73 2018 TAX LEVY % OF TAXES EXPENDITURES BUDGET EXPENDITURES BUDGET PAID Mayor / Council 83,873$ 67,801$ 1.71%18.06$ Cable Franchise 42,994 - 0.00%- General Management 128,503 103,879 2.61%27.68 Elections 20,638 16,683 0.42%4.44 Financial / HR Services 359,772 139,389 3.51%37.15 Assessing 65,581 53,014 1.33%14.12 Legal 110,000 68,000 1.71%18.12 Planning / Zoning 60,414 48,837 1.23%13.01 City Buildings 205,593 166,196 4.18%44.28 Emergency Management 78,882 63,766 1.60%16.99 Police Protection 2,460,543 1,566,930 39.41%417.47 Lauderdale Contract 692,768 - 0.00%- Dare Education 14,500 - 0.00%- Fire Protection 1,103,221 819,249 20.61%218.28 Inspections, Building/Plumbing/Heating/Health 94,430 - 0.00%- Animal Control 575 465 0.01%0.12 Public Works 921,713 527,402 13.27%140.51 Parks 298,600 241,381 6.07%64.31 Other Expenditures (operating transfers)92,542 92,542 2.33%24.66 GENERAL FUND TOTAL EXPENDITURES 6,835,142$ 3,975,534$ 100.00%$1,059.19 ROAD LEVY 1,833,431$ $488.48 PUBLIC FACILITIES - P/W & FIRE 344,882$ $91.89 TAX ABATEMENT 227,430$ $60.59 CIP LEVY 306,200$ $81.58 TOTAL LEVY 6,687,477$ $1,781.73 How are my taxes used? - 2018 61 Positions From To Elected Officials Mayor NA 8,700$ Mayor – Pro Tem NA 7,956$ Council Member NA 7,200$ City Manager NA 155,000$ Departmental Directors and Chiefs 109,358$ 119,413$ Departmental Assistants 71,225$ 103,944$ Senior Fire and Police 80,334$ 96,833$ All Other Full-time Employees: Union Fire Fighter 71,220$ 75,899$ Police - Patrol / Sergeant 70,907$ 88,563$ Public Works / Mechanic 51,709$ 63,627$ Non-Union Finance 48,547$ 60,495$ Liquor 28,302$ 69,456$ Police 34,582$ 66,605$ Part-time Employees: From To Volunteer Firefighters 12.88$ 15.03$ Code Enforcement Officers 19.00$ 19.85$ Liquor Clerks 12.41$ 16.03$ 2018 Salary Range 2018 Hourly Rate 62 The audited Funds discussed below had a cumulative fund balance of $38,231,989 at 12/31/2016. A review of those funds and a description of their intended sources and uses for budget years 2017 and 2018 are as follows: General Fund (101) – $2,319,667 The General Fund provides resources for financing general services and daily operations of the City including Administration, Finance/Insurance, Police, Fire, Public Works and Parks Maintenance. The fund balance represents the City’s working capital and reoccurring insurance pre–payment. Recycling Fund (225) – $18,326 This Special Revenue fund’s was established to manage recycling services and programs within the City limits. Recycling Grants from Hennepin and Ramsey counties fund these activities. Forfeiture Fund (230) – $32,615 This Special Revenue Fund’s revenues are derived from the sale of vehicles and other seized assets confiscated for driving under the influence and drug–related offenses. State statute restricts the use of these funds to supplement the Police Department’s operating fund for use in DUI/Drug–related enforcement, education and training. Fire Training Fund (240) – $4,513 The Fire Training Fund provides additional Police and Fire training outside of the General Fund Levy. Funding of this training is generated by the City’s Certified Fire Instructors providing training services to other jurisdictions. HRA Debt Service and HRA Project (various 300’s funds combined) – $316,736 These funds were established to account for the City’s HRA and TIF district projects. The TIF revenues are used to pay retire related debt associated with TIF project costs. HRA General Fund (301) – ($7,582) The HRA oversees the commercial and residential redevelopment activities in the community. The HRA General Fund allows for the payment of administrative costs which are associated with advancing development within the City. Public Facilities Lease Revenue Bond Fund (311) – $660,068 The Public Facilities Lease Revenue Bond Fund was established to provide debt financing for the construction of the Public Works building and the Fire Station. The $5,530,000 debt issuance will be repaid with funds derived from the Public Facilities Debt Levy. The debt will be fully retired by 2024. Capital Equipment Fund (401) – $676,646 The Capital Equipment Fund is used for major capital equipment purchases (refer to the 5–Year Capital Equipment Plan). Current funding is derived of Capital Improvement Levy, Road State aid and proceeds from the sale of existing equipment. Additional funding was established in 2016 and 2017 to phase out the transfers of Liquor operating profits and to provide additional support for replacing equipment used in daily operations. CITY FUND BALANCES 63 Public Utilities Infrastructure (450) – $10,104,981 The Public Utilities Fund was established with a cash settlement that the City received from the United States Army and Honeywell as damages for contaminating the City’s water supply. The original ten–year agreement which provided 90% funding for operation and maintenance of the carbon filtration plant has been long–expired. In 2016 the City made a claim under the existing agreement for damages due to a previously undetected contaminant (1.4 Dioxin). The Army and the City working together reached a settlement in the fall of 2016. The settlement will provide funding for an additional treatment process to remove the contaminant from the drinking water. In connection with this recent settlement the Water Filtration Fund was closed and its assets were transferred for utility operating and capital needs. The 2016 Army settlement proceeds along with Water Filtration transfer proceeds established the Utilities Infrastructure Fund. The Utilities Infrastructure Fund will be the capital fund used prospectively to fund capital needs of the water, sanitary sewer and fiber optic utilities. Park Improvement Fund (501) – $164,151 The Park Improvement Fund provides for the renovation and refurbishing of the City’s park system. Current revenue sources are donations from private sources and park land dedication fees. The fund revenues are designated for park improvements. Tax Abatement Bond Fund and HSIP Tax Abatement (502/536) – $245,893 This fund provides funds to support the bond payments for the Tax Abatement Bonds issued in 2001 & 2009 for Park Improvements. The 2001 bonds were retired in 2016, reducing annual debt service requirements by approximately $55,000. The 2009 bonds will be retired in 2025, eliminating the remaining annual debt service requirements of approximately $175,000. Revolving Fund (509) – $894,100 The Revolving Fund has served as the general improvement fund for miscellaneous projects. City Council has designated the use of this fund to projects such as park improvements, capital equipment purchases, computer technology, street improvements and contingencies for emergency expenditures. Building Improvement Fund (510) – $210,872 The fund was established to provide funding for infrastructure and non–recurring maintenance costs for City owned buildings and structures throughout the Village. Funding of these projects was established in the 2013 Budget by transferring from the Community Center Fund and Liquor proceeds beginning in 2014. In 2016 the Building Improvement Levy of $73,000 will replace the use of Liquor proceeds. Street Improvement Bond Fund (various 500’s funds combined) – $4,017,709 The Street Improvement Bond Fund was established to provide debt financing for the street improvements. The debt issuance will be repaid with funds derived from the Road Improvement Levy, special assessment collections, and debt reduction transfers. Street Improvement Construction Fund (various 500’s funds combined) – $1,125,760 This fund accounted for the costs associated with the feasibility and design costs, mill and overlays, sidewalk improvements, intersection improvements, street lighting improvements and construction costs associated with planned street improvements. 64 Community Services/City Hall Fund (601) – $59,656 The Community Services/City Hall Fund is used to fund the operation and maintenance of the City Hall building. Funding is comprised of annual rent charges of $125,000 from I.S.D. #282 for the Community Services portion of the building and a rent transfer from the General Fund for the segment of the building used for City Hall. Budgeted rent transfer for 2016 is $81,800. Fund balance transfers will prospectively provide for City Hall capital improvements via the Building Improvement Fund. Water/Sewer/Water Plant Fund (701) – $8,026,604 The Water/Sewer/Water Plant Fund is an enterprise fund used to provide water and sewer services to the community. Funding for operation and maintenance of the system is provided on a user–fee basis, which is based on consumption. The Water Plant was established with a cash settlement that the City received from the United States Army and Honeywell as damages for contaminating the City’s water supply. The original ten–year agreement which provided 90% funding for operation and maintenance of the carbon filtration plant has been long–expired. Liquor Fund (705) – $2,128,598 The Liquor Fund is an enterprise fund used to account for operations from the City’s municipal liquor stores. Profits from operations are directed to reducing the general fund levy. The fund balance is substantially comprised of cash, inventory, buildings, and fixtures. Stormwater Utility Fund (706) – $7,165,524 In 2015 the Stormwater Improvement and Debt Service Funds were closed upon the retirement of stormwater improvement bonds. The proceeds from the closing of these funds established the Stormwater Utility Fund. Prospectively the primary source of revenues for this fund is the stormwater charges. These charges are used for stormwater maintenance costs, stormwater capital equipment, and flood control projects along with providing funds for Debt Levy relief in connection with the annual infrastructure improvements. Severance Fund (901) – $67,152 (Cash) The Severance Fund is a restricted use fund that provides funding for employee personal leave and comp– time severance pay upon their termination of employment with the City. The City’s liability for 2016 totaled $652,938. The City established an annual fund transfer in 2014 to meet severance obligations as they come due. 65 THIS PAGE LEFT INTENTIONALLY BLANK 66 CITY OF SAINT ANTHONY FINANCIAL MANAGEMENT POLICY 12/31/2017 67 SUMMARY ................................................................................................................. I REVENUE MANAGEMENT .......................................................................................... II CASH AND INVESTMENTS .......................................................................................... III RESERVES .................................................................................................................. IV ANNUAL BUDGET ...................................................................................................... V CAPITAL IMPROVEMENTS PLAN ................................................................................. VI DEBT MANAGEMENT ................................................................................................. VII ACCOUNTING, AUDITING, AND FINANCIAL REPORTING.............................................. VIII RISK MANAGEMENT .................................................................................................. IX EXHIBIT A TABLE OF CONTENTS 68 I. SUMMARY Scope: The purpose of a Financial Management Policy is to document the City’s financial policies. These policies establish principles that allow both Staff and Council members make consistent and informed financial decisions. Purpose: The City of St. Anthony is responsible for the adequate funding of services desired by the public, including the provision and maintenance of public facilities, and to carefully account for public funds. The City strives to meet the funding required to provide local government services needed by the community. The City will maintain or improve its infrastructure on a systematic basis to ensure everyone in the community has access to quality neighborhoods and high level City services. Prudent planners must develop adaptive policies that provide citizens with the best possible service value within the prevailing financial context. In order to achieve this purpose, this plan establishes City policy in the following areas:  Revenue Management  Cash and Investments  Operating Reserve  Budget  Capital Improvement Plan  Debt Management  Accounting, Auditing, Financial  Risk Management Objectives:  To provide both short-term and long-term future financial sustainability by ensuring adequate funding for providing services needed by the community.  To support the City Council’s policy-making by ensuring that important policy decisions are based on accurate and complete information.  To provide logical principles to guide the decisions of the City Council and management.  To employ revenue policies, which prevent undue or unbalanced reliance on certain revenues; distribute the cost of municipal services fairly; and provide adequate funding to operate desired programs.  To provide essential public facilities and prevent deterioration of the City’s public facilities and infrastructure.  To protect and enhance the City’s credit rating and prevent default on any municipal debt.  To ensure the protection of all City funds through a good system of financial planning and accounting controls. FINANCIAL MANAGEMENT POLICY 69  To create a document for staff and Council members to refer to during financial planning, budget preparation, and other financial management issues. II. REVENUE MANAGEMENT It is essential to responsibly manage the City’s revenue sources to provide maximum service value to the community. Some revenue sources, such as intergovernmental proceeds (LGA and other state aids) are outside of direct City control and are consequently unaddressed by this policy. This policy establishes guidance for the two major sources of City revenue: property taxes and fees/charges. Property Taxes: The property tax levy will not be increased without exploring other alternatives. The costs of City services, as annually defined and approved by the City Council will be funded first by the City revenues. The property tax levy will used to fill the gap between the cost of services and other city revenues. Parameters for increasing the property tax rate include:  Maintain current level of City Services  Long-term protection of the City’s infrastructure.  Meeting legal mandates imposed by outside agencies.  Maintaining adequate fund balance and reserve funds sufficient to maintain or improve the City’s bond rating. Property tax rate increases to meet other needs will be based on the following criteria:  A clear expression of community expectation.  The existence of community partnerships willing to share resources.  Establishment of clearly defined objectives and measurements of success. Service Fees and Charges: The City will establish service fees and charges wherever appropriate for the purpose of keeping the property tax rate at a minimum and to fairly allocate the full cost of services to the users of those services. Specifically, the City will:  Establish utility rates sufficient to fund both the operating costs and the replacement of capital equipment items, plus maintain an adequate level of working capital. 70 As part of the City’s enterprise effort, evaluate City services and pursue actions to accomplish the following:  The City will charge fees, which reflect the total cost of the activity or programs.  Make services financially self-supporting or, whenever possible, strive to develop and maintain them as profitable.  Establish user charges and fees at or near a level related to the direct, indirect, and overhead cost of providing the services for the enterprise operations.  Annually review City services and identify those for which charging user fees are appropriate. These services will be identified as enterprise services and fees will be set for each. Included, as part of this process, will be a market analysis that compares our fees to that charged by other cities.  Provide Administrative and Financial services which are entrepreneurial in nature. The intent of entrepreneurial services will be to augment City revenues, enhance service level capacity and to create efficiencies for both the City and its partners. Selected criteria: To determine the specific rate to charge a fee for services rendered, the rate criteria can be one of five approaches: 1. Market Comparison  Attempt to set fees equal to the market rate. 2. Maximum set by External Source  Fees set by legislation, Uniform Building Code, etc. 3. Entrepreneurial Approach  Fees will be commensurate with cost while providing efficiencies not otherwise available to the City. 4. Recover the Cost of Service  Program will be self-supporting. 5. Utility Fees  An analysis will be completed each year to determine the rates necessary to meet the operating costs, encourage conservation, and provide for equipment replacement and working capital. III. CASH AND INVESTMENTS Effective cash management is essential to good fiscal management. Investment returns on funds not immediately required can provide revenue for the City. Investment policies must be well founded and in compliance with legal and administrative requirements in order to protect the City funds being invested. Legal Requirements: Minnesota Statutes authorize and define an investment program for municipal governments. A. Investment Instruments Authorization 71 The City of St Anthony shall invest in the following instruments as allowed by Minnesota Statutes: a. United States Treasury obligations b. Federal Agency issues c. Repurchase agreements (repo’s) d. Certificates of deposit e. Commercial paper - prime f. Bankers acceptances - prime g. Money Market funds investing exclusively in U. S. government agency issues B. Supplemental Depositories Administrative Process: Investing the City funds shall be undertaken in a manner, which seeks to insure the preservation of capital in the overall portfolio. Safety of principal is the principle objective; additionally, liquidity and yield are also considerations. It is essential that money is available when needed; therefore, the investment goal is to maximize yield while providing cash flow to meet expected needs. The City shall seek to conduct its investment transactions with several reputable investment security dealers and qualifying banks. The qualifying bank or dealer must have demonstrated, over a significant period of time, a successful, profitable, and reliable operation. The City will analyze market conditions and investment securities and attempt to secure the current market rate of return on all investments consistent with security and liquidity requirements. Portfolio diversification will be monitored so that investments are not concentrated in one institution, in one type of investment, or purchased from one dealer. The investment portfolio of the City shall be designed to attain an average rate of return regularly exceeding the average return on three month U.S. Treasury bills, while seeking to augment returns above this threshold consistent with budgetary cycles, economic conditions, risk limitations, and prudent investment principles. Investment officials participating in the investment process shall seek to act responsibly as custodians of the public trust and shall avoid any transaction that might impair public confidence in the City of St. Anthony’s ability to govern effectively. IV. RESERVES It is important for the financial sustainability of the City to maintain reserve funds for unanticipated expenditures or unforeseen emergencies, as well as to provide adequate working capital for current operating needs so as to avoid short-term borrowing. Policy Statement: 1. The City will determine the disposition of any general fund surplus beyond the City’s minimum Fund Balance as part of the annual budget process. These funds are available for appropriation by the Council for unanticipated expenditures and unforeseen emergencies. 2. The City will maintain fund balances in the General and Special Revenue Funds at a level which will avoid issuing short-term debt to meet the cash flow needs of the current operating budget. 72 Generally, the goal of the City is to maintain a minimum balance of 30% - 35% of the operating budget. Within the general operating fund is the accounting of the Police contractual service provided to Lauderdale. Since the City makes payment on a monthly basis, there are no reserves deemed necessary for this expenditure. This need could fluctuate with each year’s budget objectives and appropriations such as large capital expenditures and variations in the collection of revenues. V. ANNUAL BUDGET The Annual Budget is the financial plan for funding the costs of City services, and infrastructure. The Annual Budget includes the General Fund, the HRA Fund, the Special Revenue Funds, the Debt Service Funds and the Long-Term Capital Funds Budgets. Enterprise operations are budgeted in separate Enterprise Funds. 1. The City Manager shall submit a budget in which appropriations shall not reasonably exceed the total of the estimated revenues and available fund balance. 2. The City will coordinate the Long-Term Capital Funds Budgets with the development of the operating budget. Operating costs associated with capital improvements will be projected for budget purposes and that budget will be approved by the Council. 3. The budget will provide for adequate operation, maintenance, replacement of City equipment and for their orderly replacement. 4. The impact on the operating budget from any new programs or activities being proposed should be minimized by providing funding with newly created revenues whenever possible. 5. The City will maintain a budgetary control system to help it adhere to the budget. 6. The City administration will prepare monthly reports comparing General Fund actual revenues and expenditures to the budgeted amounts. 7. The Annual budget will provide for the major goals to be achieved and the services and programs to be delivered for the level of funding provided. 8. When establishing operating expenses, Enterprise fund budgets shall be balanced with operating revenues. Profits from Utility based operations can be transfer to the Utility’s capital fund for the replacement costs of Utility’s buildings, equipment and infrastructure. The long-term transfer needs will be considered when establishing rates and charges for services. Profits from Liquor based operations can be transferred for General Fund operations. 9. Each year, the City Council will approve an Annual budget to establish a maximum level of total expenditures. The City Manager will be allowed to reallocate budgeted funds between departments and programs as needed during the year, provided that total maximum expenditures are not exceeded. 73 VI. CAPITAL IMPROVEMENTS The demand for services and the cost of constructing and maintaining the City’s infrastructure is always present. The Long-Term Capital Funds Budgets provide a realistic projection of community needs, the meeting of those needs, and a framework to support City Council prioritization of those needs. Capital improvements include the scheduling of public improvements for the community over a 15- year period, and take into account the community’s financial capabilities as well as its goals and priorities. A “capital improvement” is defined as any major nonrecurring expenditure for physical facilities of government. Typical expenditures are the construction of roads, stormwater improvements utilities, parks, vehicles and capital equipment replacement. Capital improvements are directly linked to goals and policies, land use, community needs and sections of the Comprehensive Plan. Development Process:   Devise proposed funding sources for proposed projects. Recommended funding sources will be clearly stated for each project.  Analyze debt service related to new projects. Each project, when applicable, will include its separate impact on the tax levy and/or utility charges as well as its total dollar cost.  Project and analyze total debt service related to the total debt of the City.  A debt study will be provided summarizing the impact of the project, review of the revenues and proposed debt. The City Council will evaluate all proposed Capital Improvements and decide on the following:  Project Prioritization  Funding Source  Acceptable Financial Impact on Tax Levy, Total Debt, or Utility Rate Levels. VII. DEBT MANAGEMENT The use of borrowing and debt is an important and flexible revenue source available to the City. Debt is a mechanism, which allows capital improvements to proceed when needed, in advance of when it would otherwise be possible. It can reduce long-term costs due to inflation, prevent lost opportunities, and equalize the costs of improvements to present and future constituencies. Debt management is an integral part of the financial management of the City. Adequate resources must be provided for the repayment of debt, and the level of debt incurred by the City must be effectively controlled to amounts that are manageable and within levels that will maintain or enhance the City’s credit rating. A goal of debt management is to stabilize the overall debt burden and future tax levy requirements to ensure that issued debt can be repaid and prevents default on any municipal debt. Debt Management Practices: Prudent use of debt provides fiscal and service advantages. Overuse of debt places a burden on the fiscal resources of the City and its taxpayers. The following guidelines provide a framework and limit on debt utilization: 1. The City will confine long-term borrowing to planned capital improvements. 74 2. The City will not use long-term debt for current operations. 3. The City will pay back debt within a period not to exceed the expected useful life of the street project, with at least 50% of the principal retired within two-thirds of the term of the bond issue. 4. Total general obligation debt shall not exceed 2% of the total market valuation of taxable property in the City. 5. Direct net debt (gross debt less available debt service funds) shall not exceed 3% of the total market valuation of taxable property in the City. 6. The City will maintain good communications with bond rating agencies regarding its financial condition. The City will follow a policy of full disclosure in every financial report and bond prospectus. 7. The City will use refunding mechanisms to reduce interest cost when economically feasible. 8. The City will manage the Debt Levy associated with its Road Improvement Program to reduce the overall future high point of levy requirements during the final years of the program. The City will apply future unencumbered utility charges; Municipal State Aid fund, excess bond balances and one time revenue sources to accomplish this reduction in future levy requirements (Debt Levy Reduction plan). See Exhibit A for the current projections of the Debt Levy Reduction plans impact. VIII. ACCOUNTING, AUDITING, AND FINANCIAL REPORTING The key to effective financial management is to provide accurate, current, and meaningful information about the City’s operations to guide decision making and enhance and protect the City’s financial position. Policy Statement: 1. The City’s accounting system will maintain records on a basis consistent with generally accepted accounting standards and principles for local government accounting as set forth by the Government Accounting Standards Board (GASB) and in conformance with the State Auditor’s requirements per State Statutes. 2. The City will establish and maintain a high standard of accounting practices. 3. The City will follow a policy of full disclosure written in clear and understandable language in all reports on its financial condition. 4. A primary goal of the Finance Department is to provide timely monthly, quarterly and annual financial reports to users. 5. An independent public accounting firm will perform an annual audit and issue an opinion on the City’s financial statements. 6. The City Council will review the audit report, approve its findings and meet with the Auditor to discuss any questions they might have in regard to the audit. 75 IX. RISK MANAGEMENT A comprehensive risk management plan seeks to manage the risks of loss encountered in the everyday operations of an organization. Risk management involves such key components as risk avoidance, risk reduction, risk assumption, and risk transfers through the purchase of insurance. The purpose of establishing a Risk Management Policy is to help maintain the integrity and financial stability of the City, protect its employees from injury, and reduce overall costs of operations. Policy Statement: 1. The City will maintain a Risk Management Program that will minimize the impact of legal liabilities, natural disasters or other emergencies through the following activities: a. Loss prevention - prevent losses where possible b. Loss control - reduces or mitigates losses c. Loss financing - provide a means to finance losses d. Loss information management - collects and analyzes data to make prudent prevention, control and financing decisions 2. The City will review and analyze all areas of risk in order to, whenever possible, avoid and reduce risks or transfer risks to other entities. Of the risks that must be retained, it shall be the policy to fund the risks which the City can afford and transfer all other risks to insurers. 3. The City will maintain an active safety committee comprised of City employees. 4. The City will periodically conduct educational safety and risk avoidance programs within its various divisions. 5. The City will, on an ongoing basis, analyze the feasibility of self-funding and other cooperative funding options in lieu of purchasing outside insurance in order to provide the best coverage at the most economical cost. 76 City of St. Anthony Debt Levy - Roads, Tax Abatement, Public Facilities 802,382 897,435 902,685 918,015 916,965 920,850 929,565 937,755 950,670 729,039 565,647 142,865 138,581 139,547 140,033 EXHIBIT A 2018 Levy Year Existing Bonds Fund 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 $1,700,000 - 2003A (Refunding 2011A)503 118,057 121,103 123,992 121,473 124,204 132,028 134,286 $1,790,000 - 2004A (Refunded in 2011B)503 128,800 $1,695,000 - 2005A (Refunded in 2011B)503 121,500 $2,485,000 - 2006A (Refunded in 2012A)503 186,668 $2,050,000 - 2007A (Refunded in 2012A)503 137,737 $1,305,000 - 2008A (2014C)365 175,652 177,319 178,526 169,602 170,021 172,436 169,496 171,806 168,761 170,966 172,673 173,040 $2,630,000 - 2009A (Refunded in 2017A)512 184,768 185,450 185,975 186,343 186,553 186,605 172,921 179,549 180,612 181,518 187,516 187,949 182,974 $1,645,000 - 2009B (2001B & 2002A)503 196,995 192,401 187,808 193,714 183,608 106,150 $1,375,000 - 2010A 514 108,587 112,065 110,175 108,285 111,645 109,413 112,209 114,624 111,532 113,665 115,450 111,729 113,258 114,350 $1,940,000 - 2011A 516 141,991 138,684 140,626 142,411 138,789 140,416 141,886 142,871 138,434 139,248 139,537 139,642 139,183 138,526 137,266 $2,210,000 - 2011B (2004A and 2005A) 503 - 226,977 226,899 221,025 225,157 223,441 226,430 223,528 109,589 $9,495,000 - 2012A (2006A & 2007A)503/518 - 423,185 518,973 519,813 530,693 520,758 520,968 526,218 531,153 535,773 306,356 141,358 142,865 138,581 139,547 140,033 $1,775,000 - 2013A 520 - - 118,685 118,930 119,176 119,120 119,063 118,523 117,984 117,082 115,939 119,864 118,133 116,402 119,133 116,476 119,070 - $2,230,000 - 2014A 522 - - - 157,629 155,848 159,318 157,433 155,548 153,663 157,028 154,896 151,488 153,330 155,015 151,292 152,820 154,190 154,914 $2,580,000 - 2015A 524 - - - - 185,075 182,847 185,869 183,537 186,454 184,016 186,829 184,286 186,993 183,886 186,029 182,331 183,884 184,819 185,111 $1,455,000 - 2016A 526 102,173 106,135 104,742 103,349 101,956 105,813 104,315 102,817 106,568 104,965 103,362 107,009 105,025 103,042 105,757 $2,600,000 - 2017A 528 189,732 191,592 193,296 189,591 191,136 192,523 193,753 189,575 190,647 191,562 192,320 192,919 193,362 193,646 193,774 Total Levy 1,500,755 1,577,184 1,791,659 1,939,225 2,130,768 2,154,706 2,236,429 2,112,537 1,994,827 1,890,843 1,676,144 1,506,193 1,333,305 1,142,903 1,028,879 886,584 756,473 637,677 481,515 299,403 193,774 - - - - - - - - 2018 Road Improvements Bonds $2,212,000 - 2018A 2018A 139,176 139,176 139,176 139,176 139,176 139,176 139,176 139,176 139,176 139,176 139,176 139,176 139,176 139,176 139,176 2019-2025 Road Improvements Bonds $2,239,000 - 2019A 2019a 174,474 174,474 174,474 174,474 174,474 174,474 174,474 174,474 174,474 174,474 174,474 174,474 174,474 174,474 174,474 $2,031,000 - 2020A 2020a 156,273 156,273 156,273 156,273 156,273 156,273 156,273 156,273 156,273 156,273 156,273 156,273 156,273 156,273 156,273 $2,284,000 - 2021A 2021a 183,378 183,378 183,378 183,378 183,378 183,378 183,378 183,378 183,378 183,378 183,378 183,378 183,378 183,378 183,378 $2,407,000 - 2022A 2022a 192,840 192,840 192,840 192,840 192,840 192,840 192,840 192,840 192,840 192,840 192,840 192,840 192,840 192,840 192,840 $2,676,000 - 2023A 2023a 228,564 228,564 228,564 228,564 228,564 228,564 228,564 228,564 228,564 228,564 228,564 228,564 228,564 228,564 228,564 $2,523,000 - 2024A 2024a 224,621 224,621 224,621 224,621 224,621 224,621 224,621 224,621 224,621 224,621 224,621 224,621 224,621 224,621 224,621 $2,668,000 - 2025A 2025a 220,211 220,211 220,211 220,211 220,211 220,211 220,211 220,211 220,211 220,211 220,211 220,211 220,211 220,211 220,211 $2,855,000 - 2026A 2026a 244,260 244,260 244,260 244,260 244,260 244,260 244,260 244,260 244,260 244,260 244,260 244,260 244,260 244,260 $2,998,000 - 2027A 2027a 165,193 165,193 165,193 165,193 165,193 165,193 165,193 165,193 165,193 165,193 165,193 165,193 165,193 2028-2031 Mill/Overlays, Sidewalks and Street Lighting $715,000 - 2028A 2028 65,650 65,650 65,650 65,650 65,650 65,650 65,650 65,650 65,650 65,650 65,650 65,650 $648,000 - 2029A 2029 47,627 47,627 47,627 47,627 47,627 47,627 47,627 47,627 47,627 47,627 47,627 $634,000 - 2030A 2030 56,253 56,253 56,253 56,253 56,253 56,253 56,253 56,253 56,253 56,253 $439,000 - 2031A 2031 27,765 27,765 27,765 27,765 27,765 27,765 27,765 27,765 27,765 Additional levy - - - - - - - 139,176 313,650 469,923 653,301 846,141 1,074,705 1,299,326 1,519,537 1,763,797 1,928,990 1,994,640 2,042,267 2,098,520 2,126,285 2,126,285 1,987,109 1,812,635 1,656,362 1,472,984 1,280,144 1,051,580 826,959 Road levy before debt reduction 1,500,755 1,577,184 1,791,659 1,939,225 2,130,768 2,154,706 2,236,429 2,251,713 2,308,477 2,360,766 2,329,445 2,352,334 2,408,010 2,442,229 2,548,416 2,650,381 2,685,463 2,632,317 2,523,782 2,397,923 2,320,059 2,126,285 1,987,109 1,812,635 1,656,362 1,472,984 1,280,144 1,051,580 826,959 Stormwater Utilty (25,000) (170,000) (150,000) (90,000) (85,000) (85,000) (85,000) (95,000) (105,000) - - - - - - - - - - - - - - - - MSA Advance (7,500) (25,000) (85,000) (143,000) (152,500) (140,000) (120,000) (47,760) Excess Bond Balance/Project Savings (115,000) (101,921) (92,500) (170,000) (110,000) (115,000) (147,500) (192,500) (135,000) Conduit Fee (15,079) Public Facilities/Abatement Excess (5,000) (35,000) (55,000) (70,000) (70,000) (70,000) (75,000) (80,000) Infrastructure Levy 1,220 104,027 94,230 (7,735) (42,816) 10,330 75,000 150,000 225,000 200,000 275,000 350,000 425,000 500,000 Road improvement levy 1,500,755 1,577,184 1,776,580 1,791,725 1,828,847 1,792,206 1,778,429 1,834,213 1,898,477 1,938,266 1,966,945 1,984,574 2,409,230 2,546,256 2,642,646 2,642,646 2,642,647 2,642,647 2,523,782 2,397,923 2,320,059 2,201,285 2,137,109 2,037,635 1,856,362 1,747,984 1,630,144 1,476,580 1,326,959 % Increase in Road levy 5.09%12.64%0.85%2.07%-2.00%-0.77%3.14%3.50%2.10%1.48%0.90%21.40%5.69%3.79%0.00%0.00%0.00%-4.50%-4.99%-3.25%-5.12%-2.92%-4.65%-8.90%-5.84%-6.74%-9.42%-10.13% $ Increase in Road levy 76,429 199,396 15,145 37,122 (36,641) (13,777) 55,784 64,264 39,789 28,679 17,629 424,656 137,026 96,390 (0) 0 0 (118,865) (125,859) (77,864) (118,774) (64,176) (99,474) (181,273) (108,378) (117,840) (153,564) (149,621) TAX ABATEMENT (2009A/2016B/2017A)149,395 146,480 151,025 153,148 155,112 224,877 227,430 222,653 228,375 228,585 228,638 233,782 233,415 96,390 - - - - - - - - - - - - - - - PUBLIC FACILITIES (Refunded 2012A)409,773 379,197 378,462 382,872 387,322 396,207 399,882 403,347 406,602 414,897 422,683 424,289 - - - - - - - - - - - - - - - - - 559,168 525,677 529,487 536,020 542,434 621,084 627,312 626,000 634,977 643,482 651,321 658,071 233,415 96,390 - - - - - - - - - - - - - - - FLATL LINE 2,854,932 Total levied debt after reduction 2,059,923 2,102,861 2,306,067 2,327,744 2,371,281 2,413,290 2,405,741 2,460,213 2,533,454 2,581,748 2,618,266 2,642,645 2,642,645 2,642,646 2,642,646 2,642,646 2,642,647 2,642,647 2,523,782 2,397,923 2,320,059 2,201,285 2,137,109 2,037,635 1,856,362 1,747,984 1,630,144 1,476,580 1,326,959 Total levied debt before reduction 2,059,923 2,102,861 2,321,146 2,475,244 2,673,202 2,775,790 2,863,741 2,877,713 2,943,454 3,004,248 2,980,766 3,010,405 2,641,425 2,538,619 2,548,416 2,650,381 2,685,463 2,632,317 2,523,782 2,397,923 2,320,059 2,126,285 1,987,109 1,812,635 1,656,362 1,472,984 1,280,144 1,051,580 826,959 % Increase in Debt Levied 2.08%9.66%0.94%1.87%1.77%-0.31%2.26%2.98%1.91%1.41%0.93%0.00%0.00%0.00%0.00%0.00%0.00%-4.50%-4.99%-3.25%-5.12%-2.92%-4.65%-8.90%-5.84%-6.74%-9.42%-10.13% % Increase in Debt Scheduled to be levied 2.08%10.38%6.64%8.00%3.84%3.17%0.49%2.28%2.07%-0.78%0.99%-12.26%-3.89%0.39%4.00%1.32%-1.98%-4.12%-4.99%-3.25%-8.35%-6.55%-8.78%-8.62%-11.07%-13.09%-17.85%-21.36% $ Increase in levied Debt 42,939 203,205 21,678 43,537 42,009 (7,549) 54,472 73,241 48,294 36,518 24,379 0 0 0 0 0 0 (118,865) (125,859) (77,864) (118,774) (64,176) (99,474) (181,273) (108,378) (117,840) (153,564) (149,621) 1,000,000 1,100,000 1,200,000 1,300,000 1,400,000 1,500,000 1,600,000 1,700,000 1,800,000 1,900,000 2,000,000 2,100,000 2,200,000 2,300,000 2,400,000 2,500,000 2,600,000 2,700,000 2,800,000 2,900,000 3,000,000 3,100,000 3,200,000 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Total Levied Debt before reduction Total Levied Debt after reduction 11/30/2017 77