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HomeMy WebLinkAbout2019 Budget BookCity of St. Anthony Village 3301 Silver Lake Road St. Anthony, Minnesota 55418 www.savmn.com City of St. Anthony ANNUAL BUDGET 2019The 2019 Annual Budget is a document that provides the financial framework for the City’s operations in the upcoming year. It helps to ensure that the City’s resources are used in a cost effective 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 ...................................................... 63 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 11 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 2019 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 2019 Budget, Staff continued its mission to maintain a high level of City services with the use of financially conservative budgeting. The 2019 Budget resulted in a $461,442 increase over last year’s levy amount, equating to a 6.74% 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 8.77% increase in the General Fund Levy equaling a $348,579 increase- see below:  Personnel costs – 69.4% of General Fund expenditures, overall costs up $161,503 or 3.34%  The Unions wage increases at the 2019 contracts amounts  Health Insurance premium increase of 10% 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 impact of Employer PERA contribution increase of 0.75% for Police and Fire, mandated by legislation.  Contracted services – 7.7% of expenditures, overall increase $59,635  Construction permits inspection costs up due to greater activity anticipated $13,153  Assessor, Attorney, Auditor, Engineer and Planner services reflect rate and activity increases, cost up $32,573  Contracted Information Technology costs increased $13,909  Other Insurance costs – 4.1% of expenditures, overall costs higher by $55,601 or 23.5%  Property, casualty and liability costs increased by $9,701 or 18%  Worker’s compensation costs are greater by $45,900 or 41%  Pass through costs – 4.4% of expenditures, up $30,599 or 3.37%, in turn certain revenues increase  Higher gasoline costs / Higher gasoline reimbursements  Higher State Aid to St. Anthony Fire Relief Assoc. / Higher amount passed through to same 3  Funding for initiatives below at $10,000 each, for a total increase of $40,000 a 0.58% impact on Overall Levy, 0.3 % of General Fund expenditures  Collaborative Reform  Equity  Property Resource  Sustainability  Remaining budget line items – 14.1% of expenditures or $1,016,868 net cost up $41,347 or 1.77%  Includes costs for: street sealcoating and striping, repairs and maintenance, supplies, utilities, fuels, training, printing, and deductibles  2019 Transfer of Liquor operating profits remained at 2018 to ensure sufficient working capital within the Liquor fund. The HRA Budget and Levy cost driver is substantially personnel costs and professional costs. Therefore the proposed Levy increase for the HRA is 4.75% or $7,720 . 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 2018 infrastructure projects included:  Foss Rd, 37th Ave to Chandler Drive  Highcrest Rd, 37th Ave to Mirror Lake  Maclaster Dr, 37th Ave to Railroad tracks The 2019 planned infrastructure projects included:  Silver Lake Rd Flood Mitigation.  County Rd C and Hwy 88 Utilities, sidewalk, trail, and flood improvements  See Street and Utility Improvement map, immediately following memo Funding for the 2019 projects will come from bonds and grants. 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 2019 Debt Related Levies are proposed to increase by $75,143 over the 2018 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 program the impact of 2018 street bonds issued along with existing debt service requirements would have required an additional 6.38% increase in the 2019 overall Levy 4 Capital Fund Levies The 2019 Capital Improvement Program (CIP) and the 2019 Building Improvement Levies are proposed to increase by $25,000 and $5,000 respectively. CIP and Building Improvement levy increases agree to Long term capital plan, to maintain replacement schedule. Levy The total for all levies is $7,311,453. The levy increase without the benefit of reduced Debt levy the levy increase would have been 13.12%. With the property tax relief applied the overall levy increase will be limited to $461,442 or 6.74% percent. A summary of the total levies is as follows: 2019 General Fund Levy $4,324,113 CIP Levy $ 258,200 Street Improvement Levy $1,914,886 Lease Revenue Bonds/Public Facilities $ 343,347 HRA Levy $ 170,254 Tax Abatement $ 222,653 Building Improvement Levy $ 78,000 Total $7,311,453 In 2019, the median valuation of the single family home within the City equals $292,000 (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 $4,324,113 supports the 2019 cost of providing City services. Therefore an owner of median valued home in the Village will pay $1,166 in Property Taxes for City services. A breakdown of the cost of City services is: $458 for Police, $246 for Fire, $149 for Public Works, $69 for Parks, $106 for Administration, $53 for Finance and $85 for other various costs. Remaining City taxes are $516 for Streets related debt service; $92 for the Fire and Public Works buildings related debt service; $60 for parks, sidewalks and intersection improvements related debt service; and $91 for the Capital Equipment and Building Improvements. Resulting in a total City tax of $1,925 for a median valued home. Capital Equipment Purchases - Appropriation = $1,042,485 The proposed 2018 Capital Equipment Budget totals $1,042,485. The 2018 revenue for funding capital equipment will be provided by the Capital Improvement Levy, MSA Revolving Funds, sales of existing 5 equipment, tax abatement bond proceeds (Firetruck), and donations/grants. A review of the 2019 revenue and expenditures is as follows: Revenues: Capital Improvement Levy 258,200$ Finance/Administration MSA/Revolving Funds 90,000 Computer Hardware 5,330 Trade/Sale of Equipment 5,000 Furniture and Equipment 15,834 Interst 6,500 Council Chambers - AV Equipment 1,932 Total Revenues 359,700$ Total Finance/Administration 23,096$ Expenditures:Public Works: Streets Department Police Department Fleet replacements 34,779$ Squad Cars 85,655$ Heavy Equipment 6,788 Unmarked Cars - Specialty Equipment 121,449 Technology 38,000 163,016$ Specialty Equipment 22,172 Parks Department General Equipment 553 Total Police 146,380$ Heavy Equipment/Fleet Replacement 7,729$ Mowers and Field Maintenance 9,753 Fire Department Speciality Equipment 5,244 Vehicles -$ 22,726$ Protective Gear 5,520 Technology 13,289 Total Public Works 185,742$ Protective Equipment/Tools 20,900 Office Furniture 1,987 Total Expenditures 462,514$ Debt Service Payments 65,600 Total Fire 107,296$ 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 $32,097,820 in total grants, donations and US Army proceeds. When spread over a population of 9,234 this represents $3,476 per resident. Recently accepted Grants and donations include:  Hennepin County Recycling Grant - $16,150  Hennepin County sidewalk grant - $100,000  State of Minnesota Fire Fighters training grants - $6,572  Ramsey County Safe and Sober program grants - $30,004  Public Safety Officer's Disability Benefits grant (FD) - $2,710 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 2018. The individual Liquor store sales have been projected at a conservative growth rate for 2019 budget 6 purposes. Therefore the use of 201 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 welcoming Village that is walkable, sustainable and safe” 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 and Financial contracted services provided to other governments. 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: $1,120,400 2022: $2,483,900 2021: $2,173,540 2024: $2,776,300 2023: $1,859,900 2025: $2,565,700 2026: $2,776,800 Schedule subject to change 2027: $2,945,800 2020: $1,816,700 MILL & OVERLAY PROGRAM 2029: $3,370,500 2020: SILVER LANE AND SILVER LAKE TERRACE 2028: $711,800 2030: $668,000 STREET & UTILITY IMPROVEMENTS St. Anthony Village, Minnesota Street & Utility CIP for 2019 and Beyond Revised October 2018 8 GENERAL FUND The General Fund accounts for resources devoted to financing general services. These include General Government, Police, Fire, Public Works and Parks. It is the largest budget and is the main operating fund of the City. GENERAL FUND 9 Fiscal Year 2019 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 Taxes 3,551,089$ 3,437,605$ 3,536,079$ 3,786,628$ 4,171,053$ 4,171,053$ 4,513,460$ 9.1% Licenses 69,743 78,038 81,552 77,105 81,550 62,900 71,600 -13.0% Permits 281,358 218,415 222,527 281,125 183,727 217,512 189,207 3.7% Intergovernmental Revenue 880,847 906,764 941,005 978,532 930,595 977,326 972,547 4.5% Charges for Services 1,413,986 1,501,073 1,513,189 1,567,978 938,189 935,986 978,136 2.5% Fines 122,980 129,167 84,934 74,762 78,900 65,875 59,525 -15.7% Reimbursement Revenues 306,643 290,011 472,109 323,461 260,102 238,625 218,229 -16.9% Transfers In 264,244 195,060 433,606 619,060 200,000 357,870 208,200 3.3% TOTAL GENERAL FUND REVENUES 6,890,891$ 6,756,133$ 7,285,001$ 7,708,650$ 6,844,116$ 7,027,147$ 7,210,904$ 5.4% % CHANGE GENERAL FUND REVENUES SUMMARY 10 62% 1% 3% 13% 14% 1%3%3% GENERAL FUND REVENUES Tax Levy Licenses Permits Intergov't Revenue Charges for Services Fines Reimburseable Revenue Transfers 11 Fiscal Year 2019 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET % CHANGE 2014 2015 2016 2017 2018 2018 2019 Administration Mayor/City Council 80,794$ 74,823$ 80,340$ 82,693$ 83,873$ 93,221$ 84,835$ 1.2% General Management 124,436 110,654 115,771 120,873 132,242 128,196 138,456 5.0% Planning 59,320 62,287 121,952 109,805 53,672 76,658 74,729 27.9% Elections 29,742 22,647 22,114 23,740 23,340 23,615 24,400 28.6% Financial Services 260,168 320,341 341,367 347,391 365,626 366,886 394,493 8.4% Legal 162,670 135,029 104,693 86,739 111,110 95,000 113,500 2.1% Assessing 50,090 52,697 59,338 61,917 65,581 65,231 69,225 5.9% City Buildings 133,011 136,933 156,991 200,412 207,026 205,553 212,157 2.5% Cable Franchise 35,788 37,129 42,703 45,391 49,382 47,722 47,704 -3.9% Public Safety Police Protection 3,135,984 3,203,231 3,400,353 3,160,996 3,144,401 3,134,452 3,309,795 4.8% Fire Protection 1,006,656 979,897 1,029,340 1,091,110 1,100,021 1,109,649 1,124,700 2.3% Protective Services 162,235 123,253 118,685 144,407 94,430 117,392 108,140 15.8% Emergency Management 60,494 66,228 67,806 71,895 80,422 75,711 80,424 0.0% Public Works Public Works 856,797 859,315 795,817 775,842 927,838 844,404 967,277 4.3% Parks 299,696 300,726 293,059 300,536 303,637 305,461 312,093 2.7% Other Expenditures and Transfers Non-Departmental 108,994 297,486 661,628 1,003,845 92,542 313,145 138,800 50.1% TOTAL FUND EXPENDITURES 6,566,874$ 6,782,676$ 7,411,957$ 7,627,593$ 6,835,142$ 7,002,295$ 7,200,728$ 5.2% GENERAL FUND TOTAL REVENUES 6,890,891$ 6,756,133$ 7,285,001$ 7,708,650$ 6,844,116$ 7,027,147$ 7,210,904$ 5.1% Surplus (Deficit)324,017$ (26,543)$ (126,956)$ 81,058$ 8,974$ 24,851$ 10,176$ 2.0% GENERAL FUND EXPENDITURES SUMMARY 12 8% 5% 1% 46%3% 17% 13% 5%2% GENERAL FUND EXPENDITURES General Gov't 8% Financial Services 5% Inspections 2% Police 46% City Buildings 3% Fire 17% Public Works 13% Parks 5% Reimburseable Expenditures 2% 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 (24) 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 2019 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 TAXES 101-3101-0-0-01 TAX - CURRENT HENNEPIN/RAMSEY 3,085,173$ 3,265,084$ 3,342,377$ 3,546,540$ 3,896,023$ 3,896,023$ 4,238,430$ 101-3102-0-0-01 TAX - DELINQUENT 31,132 (28,794) (7,486) (5,053) 7,500 7,500 7,500 101-3103-0-0-02 TAX - MOBILE HOME/NON-LEVY 9,184 591 11,797 - 1,500 1,500 1,500 101-3105-0-0-01 TAX - TIF 425,600 200,724 189,391 245,142 266,030 266,030 266,030 TOTAL 3,551,089$ 3,437,605$ 3,536,079$ 3,786,628$ 4,171,053$ 4,171,053$ 4,513,460$ LICENSES 101-3210-1-1-01 LICENSE ON SALE INTOXICATING 24,600$ 29,200$ 32,800$ 24,600$ 32,800$ 16,400$ 24,600$ 101-3210-1-1-02 LIQUOR INVST /COMPLIANCE - 500 500 - - - - 101-3210-1-1-03 LICENSE WINE & BEER 2,250 3,188 4,313 6,500 6,000 6,000 6,000 101-3210-1-1-04 LICENSE BEER 3.2%550 550 550 550 550 550 550 101-3210-1-1-05 LICENSE WINE - - - - - - 101-3211-1-1-01 LICENSE RENTAL SF 14,850 15,375 15,950 14,350 15,000 13,750 13,750 101-3211-1-1-02 LICENSE RENTAL MULTI FAMILY 15,500 17,382 16,990 19,870 16,990 16,990 16,990 101-3212-1-1-00 LICENSE CIGARETTE SALES 3,000 2,700 2,100 2,100 2,100 2,100 2,100 101-3213-1-2-00 LICENSE DOG 325 1,185 404 20 - - - 101-3214-1-1-00 LICENSE SERVICE STATION 813 1,076 1,560 1,560 1,560 1,560 1,560 101-3215-1-1-00 LICENSE OTHER 1,840 682 560 1,250 600 600 600 101-3216-1-2-00 LICENSE FIREWORKS 100 100 100 100 100 100 100 101-3217-1-1-00 LICENSE AMUSEMENT 900 5 - - - - - 101-3218-1-1-00 LICENSE GENERAL CONTRACTOR 3,665 4,745 4,375 4,855 4,500 3,500 4,000 101-3219-1-1-00 LICENSE HAULERS 1,350 1,350 1,350 1,350 1,350 1,350 1,350 TOTAL 69,743$ 78,038$ 81,552$ 77,105$ 81,550$ 62,900$ 71,600$ PERMITS 101-3220-1-1-00 PERMITS LAND USE 1,800$ 1,600$ 1,000$ 6,300$ 600$ 7,000$ 3,000$ 101-3221-1-1-00 PERMITS BUILDING 94,372 140,846 119,942 123,570 90,421 98,000 89,762 101-3221-1-1-01 PERMITS PLAN CHECK 31,698 28,070 45,895 61,278 36,456 48,000 34,623 101-3222-1-1-00 PERMITS GAS, HVAC 56,734 9,481 12,646 36,501 17,000 20,100 18,843 101-3223-1-1-00 PERMITS PLUMBING 53,484 7,887 10,831 12,724 11,800 9,500 15,811 101-3224-1-1-00 PERMITS ELECTRICAL 31,778 17,495 15,078 16,947 12,500 17,200 14,258 101-3225-1-1-00 PERMITS ADMIN FEES 6,803 8,646 9,130 11,245 8,200 9,250 6,410 GENERAL FUND REVENUES DETAIL 16 Fiscal Year 2019 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 GENERAL FUND REVENUES DETAIL 101-3228-1-1-00 PERMITS ALARM 3,970 3,880 5,300 5,700 4,500 3,750 4,250 101-3229-1-1-00 PERMITS MISCELLANEOUS 720 510 2,705 6,860 2,250 4,712 2,250 TOTAL 281,358$ 218,415$ 222,527$ 281,125$ 183,727$ 217,512$ 189,207$ INTERGOVERNMENTAL 101-3310-2-3-00 FEDERAL GRANTS 3,450 8,003 4,841 6,092 7,100 3,500 7,240 101-3320-2-2-01 ISD 282- DARE PROGRAM 15,281 14,500 15,462 14,500 14,500 16,268 14,500 101-3330-0-0-00 MVHC/LGA 442,967 505,415 523,010 528,225 552,238 552,238 553,873 101-3340-0-0-00 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 49,251 47,725 50,174 53,206 45,672 52,546 50,546 101-3346-2-2-00 STATE AID- POLICE 181,935 189,440 197,374 207,448 171,630 187,052 190,793 101-3348-3-2-00 STATE AID- MSA MAINTENANCE 76,749 83,997 89,905 88,708 88,708 97,275 97,275 101-3350-2-2-00 LOCAL GRANTS- FIRE (DISABILITY & ED) 57,674 11,588 13,024 37,419 8,800 12,000 12,500 101-3360-2-2-00 LOCAL GRANTS- POLICE 45,387 38,454 33,575 35,658 34,500 49,000 38,373 101-3365-1-1-00 LOCAL GRANTS- MISCELLANEOUS 66 195 (97) 78 250 250 250 101-3370-2-2-00 LOCAL GRANTS- PW 891 250 6,540 - - - - TOTAL 880,847$ 906,764$ 941,005$ 978,532$ 930,595$ 977,326$ 972,547$ 101-3380-1-1-03 CS MWMO 34,772$ 85,735$ 94,881$ 94,851$ 108,292$ 103,042$ 107,164$ 101-3380-1-1-04 CS BIRCHWOOD 10,224 7,345 7,531 7,894 8,150 8,150 8,275 101-3380-1-2-07 CS ISD 282 10,162 7,439 5,741 10,366 8,500 8,500 9,077 101-3380-2-1-08 CS POLICE SERVICES 3,736 4,065 - - - - - 101-3380-3-1-05 CS HENNEPIN 19,723 25,440 28,493 31,312 31,905 31,756 32,391 101-3380-3-1-06 CS NEW BRIGHTON FUEL 101,207 102,277 70,491 78,374 88,575 91,770 108,025 101-3380-5-1-01 CS LAUDERDALE 617,081 634,386 653,026 672,590 692,768 692,768 713,204 101-3380-5-1-02 CS FALCON HGTS 617,081 634,386 653,026 672,590 - - - TOTAL 1,413,986$ 1,501,073$ 1,513,189$ 1,567,978$ 938,189$ 935,986$ 978,136$ FINES 101-3510-1-1-00 COURT FINES 113,385$ 120,277$ 80,119$ 68,532$ 72,000$ 60,000$ 54,000$ 101-3510-1-1-01 FALSE ALARMS 5,650 4,825 3,600 3,125 3,750 3,125 3,125 101-3885-2-1-00 POLICE IMPOUND FEES 3,945 4,065 1,215 3,105 3,150 2,750 2,400 TOTAL 122,980$ 129,167$ 84,934$ 74,762$ 78,900$ 65,875$ 59,525$ CHARGES FOR SERVICES 17 Fiscal Year 2019 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 GENERAL FUND REVENUES DETAIL REIMBURSEMENTS AND OTHER REVENUES 101-3622-1-1-00 WT LEASE RENTALS 74,505$ 79,322$ 82,245$ 59,408$ 56,252$ 56,252$ 58,229$ 101-3800-1-1-00 DONATIONS GENERAL 0 0 500 600 500 500 500 101-3800-2-1-01 DONATIONS PD 10,500 100 - 100,500 500 500 500 101-3800-2-1-02 DONATIONS PD CRIME PREVENTION - 3,303 720 400 - 3,373 - 101-3800-4-1-00 DONATIONS PARKS 1,300 - 400 - 500 500 - 101-3804-1-1-00 RR- MISCELLANEOUS 9,233 31,411 150,977 5,623 15,000 18,500 12,000 101-3805-4-1-00 CABLE FRANCHISE FEES 109,009 108,104 113,672 115,079 119,350 102,000 102,000 101-3410-0-1-00 CLEAN-UP DAY FEES 2,572 - - - - - - 101-3809-0-0-00 LMC DIVIDENDS 43,451 42,276 65,930 11,394 35,000 10,000 12,000 101-3810-0-0-00 INVESTMENT INCOME 29,840 22,960 26,856 17,994 31,500 22,500 31,500 101-3810-1-1-00 MISCELLANEOUS 2,700 1,305 (5,370) 6,557 1,500 1,500 1,500 101-3890-0-0-00 INSURANCE PROCEEDS 23,533 1,230 36,179 5,906 - 23,000 - TOTAL 306,643$ 290,011$ 472,109$ 323,461$ 260,102$ 238,625$ 218,229$ TRANSFERS IN 101-3920-0-0-00 LIQUOR FUND 214,244$ 67,849$ 156,396$ 249,060$ 200,000$ 250,000$ 200,000$ 101-3920-0-0-00 TIF ADMINISTRATION FEES -- - - -7,870 8,200 101-3920-0-0-00 WATER FILTRATION INT EARNINGS 50,000 50,000 200,000 - - - - 101-3920-0-0-00 CAPITAL RESERVE TRANSFER - - - 370,000 - 100,000 - 101-3920-0-0-00 CONDUIT FEE REASSIGNED - 77,211 77,210 - - - - TOTAL 264,244$ 195,060$ 433,606$ 619,060$ 200,000$ 357,870$ 208,200$ TOTAL FUND REVENUE 6,890,891$ 6,756,133$ 7,285,001$ 7,708,650$ 6,844,116$ 7,027,147$ 7,210,904$ 18 Fiscal Year 2019 12/31/2015 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 BUDGET 2018 EST. ACTUAL 2018 BUDGET 2019 MAYOR / CITY COUNCIL 101-4110-11-0000 CN REGULAR EMPLOYEE 35,256$ 34,156$ 38,256$ 36,692$ 38,256$ 38,256$ 38,256$ 101-4121-11-0000 CN PERA 1,763 1,708 1,913 1,826 1,913 1,913 1,913 101-4122-11-0000 CN FICA/MEDICARE 919 698 555 567 575 575 575 101-4300-11-0000 CN PROFESSIONAL SERVICES 4,371 3,000 920 3,710 3,500 6,510 6,500 101-4309-11-0000 CN MISC CONTRACTED SERVICES 745 916 887 926 1,010 870 1,000 101-4315-11-0000 CN RECORDING SERVICE 4,453 4,182 4,679 6,439 5,315 6,500 7,089 101-4341-11-0000 CN TRAINING, CONF., AND MTG.9,223 10,096 12,877 12,659 12,500 15,281 8,890 101-4342-11-0000 CN MEMBERSHIPS & DUES 11,855 13,815 12,797 12,797 13,729 13,481 13,885 101-4345-11-0000 CN INTERGOVERMENTAL ACTIVITIES 47 - - 447 - 3,700 - 101-4352-11-0000 CN CITY NEWSLETTER 10,950 5,178 6,502 5,374 6,500 5,560 6,140 101-4499-10-0000 CN MISCELLANEOUS 1,213 1,074 954 1,256 575 575 587 TOTAL 80,794$ 74,823$ 80,340$ 82,693$ 83,873$ 93,221$ 84,835$ GENERAL MANAGEMENT 101-4110-12-0000 GM REGULAR EMPLOYEE 61,084$ 63,616$ 68,479$ 70,406$ 75,850$ 75,850$ 80,652$ 101-4121-12-0000 GM PERA 4,715 4,586 4,993 5,274 5,689 5,689 6,049 101-4122-12-0000 GM FICA/MEDICARE 3,978 4,979 3,544 3,787 5,804 5,803 6,170 101-4131-12-0000 GM INSURANCE HEALTH 10,613 10,598 11,652 11,330 11,893 11,788 12,328 101-4135-12-0000 GM INSURANCE WC - 244 522 1,079 330 1,054 1,096 101-4211-12-0000 GM OFFICE SUPPLIES 526 218 64 - 500 117 300 101-4300-12-0000 GM PROFESSIONAL SERVICES 8,883 - - - 510 250 275 101-4306-12-0000 GM CONTRACTED HR 9,180 - - - - - - 101-4309-12-0000 GM MISC CONTRACTED SERVICES 467 467 355 371 405 525 415 101-4341-12-0000 GM TRAINING, CONF., AND MTG.11,962 13,146 12,310 14,705 16,760 13,266 17,031 101-4342-12-0000 GM MEMBERSHIPS & DUES 5,996 5,717 6,553 6,878 6,900 6,355 6,490 101-4343-12-0000 GM HEALTH & SAFETY PROGRAMS 6,948 7,011 7,086 6,958 7,500 7,500 7,650 101-4499-12-0000 GM MISCELLANEOUS 85 71 213 87 102 - - TOTAL 124,436$ 110,654$ 115,771$ 120,873$ 132,242$ 128,196$ 138,456$ PLANNING 101-4110-13-0100 PL REGULAR EMPLOYEE 1,182$ 5,494$ 6,143$ 6,330$ 7,125$ 7,449$ 8,026$ 101-4110-13-0000 PL COMMISSION 2,405 2,155 2,095 3,000 2,250 2,500 101-4111-13-0000 PL OVERTIME - 35 - - 250 250 250 101-4121-13-0000 PL PERA - 427 461 475 553 553 621 101-4122-13-0000 PL FICA/MEDICARE 17 424 635 645 794 794 824 101-4131-13-0000 PL INSURANCE HEALTH - 1,370 1,690 1,652 1,732 1,732 1,793 GENERAL FUND EXPENDITURES SUMMARY 19 Fiscal Year 2019 12/31/2015 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 BUDGET 2018 EST. ACTUAL 2018 BUDGET 2019 GENERAL FUND EXPENDITURES SUMMARY 101-4226-13-0000 PL GENERAL SUPPLIES 696 344 132 83 130 130 133 101-4302-13-0000 PL CONTRACTED PLANNER 51,355 46,973 49,690 56,252 33,975 40,950 55,000 101-4302-13-0100 PL COMP PLAN - PLANNER - 680 56,483 37,592 - 17,500 - 101-4305-13-0000 PL GIS CONTRACTED SERVICES 5,827 3,760 4,563 4,682 5,500 4,850 4,950 101-4341-13-0000 PL TRAINING, CONF. & MTG.243 326 - - 459 150 475 101-4351-13-0000 PL NOTICES & PUBLICATIONS - 48 - - 154 50 157 TOTAL 59,320$ 62,287$ 121,952$ 109,805$ 53,672$ 76,658$ 74,729$ ELECTIONS 101-4110-14-0000 EL REGULAR EMPLOYEE 11,987$ -$ -$ -$ -$ -$ -$ 101-4111-14-0000 EL OVERTIME 877 - - - - - - 101-4112-14-0000 EL PART-TIME EMPLOYEE 6,926 - - - - - - 101-4121-14-0000 EL PERA 894 - - - - - - 101-4122-14-0000 EL FICA/MEDICARE 1,323 - - - - - - 101-4131-14-0000 EL INSURANCE HEALTH 2,535 - - - - - - 101-4211-14-0000 EL OFFICE SUPPLIES 1,885 489 934 352 525 425 525 101-4221-14-0000 EL SUPPLIES- EQUIPMENT 132 16 - - - - - 101-4226-14-0000 EL POSTAGE ABSENTEE 239 - - - - - - 101-4309-14-0000 EL CONTRACTED SERVICES - 19,173 19,713 19,712 19,713 19,713 20,700 101-4339-14-0000 EL REPAIR & MAINTENANCE 1,042 1,042 1,267 3,397 2,702 2,702 2,755 101-4341-14-0000 EL TRAINING, CONF. & MTG.724 1,598 200 279 400 775 420 101-4342-14-0000 EL MEMBERSHIPS & DUES 300 56 - - - - - 101-4351-14-0000 EL NOTICES & PUBLICATIONS 678 273 - - - - - 101-4499-14-0000 EL MISCELLANEOUS 200 - - - - - - TOTAL 29,742$ 22,647$ 22,114$ 23,740$ 23,340$ 23,615$ 24,400$ FINANCIAL SERVICES 101-4110-15-0000 FS REGULAR EMPLOYEE 95,945$ 147,854$ 166,690$ 174,095$ 187,037$ 188,532$ 194,093$ 101-4111-15-0000 FS OVERTIME 816 1,020 1,563 2,193 1,030 7,885 4,500 101-4121-15-0000 FS PERA 6,521 6,837 12,864 13,580 14,105 14,731 14,892 101-4122-15-0000 FS FICA/MEDICARE 7,195 10,022 10,625 11,530 14,387 15,026 15,192 101-4131-15-0000 FS INSURANCE HEALTH 13,043 19,189 21,562 20,969 22,200 21,077 21,271 101-4135-15-0000 FS INSURANCE WC 1,282 1,192 836 1,773 745 1,290 1,778 101-4133-15-0000 FS LIFE INSURANCE 577 790 905 863 905 905 923 101-4211-15-0000 FS OFFICE SUPPLIES 6,412 6,643 5,662 5,161 6,150 4,960 6,000 101-4221-15-0000 FS SUPPLIES - EQUIP 1,159 258 853 679 1,000 700 1,000 101-4226-15-0000 FS GENERAL SUPPLIES 1,296 1,063 2,176 1,876 1,450 2,850 2,900 20 Fiscal Year 2019 12/31/2015 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 BUDGET 2018 EST. ACTUAL 2018 BUDGET 2019 GENERAL FUND EXPENDITURES SUMMARY 101-4300-15-0000 FS PROFESSIONAL SERVICES 17,049 14,511 17,220 19,142 19,065 15,762 17,335 101-4309-15-0000 FS CONTRACTED IT & SW SUPPORT 2,327 1,540 3,088 3,962 3,685 3,670 3,900 101-4310-15-0000 FS MISC CONTRACTED SERVICES 3,447 4,936 4,230 4,916 4,158 6,300 5,790 101-4315-15-0000 FS HC ASSESSOR SERVICES 445 462 460 446 510 510 520 101-4325-15-0000 FS COMMUNICATIONS 909 940 1,159 638 2,156 725 775 101-4339-15-0000 FS REPAIR & MAINTENANCE - - 328 205 166 150 170 101-4341-15-0000 FS TRAINING, CONF. & MTG.3,555 3,387 3,307 5,991 4,500 2,500 4,750 101-4342-15-0000 FS MEMBERSHIPS & DUES 225 329 515 486 350 250 250 101-4350-15-0000 FS PRINTED FORMS & ENVELOPES 1,381 1,738 1,381 1,172 1,275 1,200 1,225 101-4351-15-0000 FS NOTICES & PUBLICATIONS 1,238 658 1,115 1,701 1,450 1,335 1,500 101-4365-15-0000 FS INSURANCE PROPERTY / LIABILITY 88,418 90,437 78,867 68,962 72,090 70,300 79,193 101-4498-15-0000 FS REIMBURSED COSTS ADVANCED 6,744 6,436 5,886 6,594 7,083 6,100 16,405 101-4499-15-0000 FS MISCELLANEOUS 184 99 75 459 128 128 130 TOTAL 260,168$ 320,341$ 341,367$ 347,391$ 365,626$ 366,886$ 394,493$ LEGAL 101-4312-16-0000 AT GENERAL LEGAL 55,245$ 19,986$ 30,000$ 39,272 31,110 30,500 31,250 101-4313-16-0000 AT CIVIL LITIGATION 65,425 73,043 32,693 5,467 35,000 22,500 40,250 101-4314-16-0000 AT PROSECUTION RETAINER 42,000 42,000 42,000 42,000 45,000 42,000 42,000 TOTAL 162,670$ 135,029$ 104,693$ 86,739$ 111,110$ 95,000$ 113,500$ ASSESSING 101-4110-17-0000 ASR REGULAR EMPLOYEE 2,592$ 2,651$ 2,718$ 2,789$ 2,920$ 2,920$ 2,981$ 101-4111-17-0000 ASR OVERTIME EMPLOYEE 27 33 47 87 50 50 50 101-4121-17-0000 ASR PERA 190 198 206 215 219 219 224 101-4122-17-0000 ASR FICA/MEDICARE 200 205 212 220 223 223 228 101-4131-17-0000 ASR INSURANCE HEALTH 414 445 486 471 502 502 540 101-4226-17-0000 ASR GENERAL SUPPLIES 166 166 138 135 163 163 166 101-4311-17-0000 ASR HC ASSESSOR SERVICES 46,339 49,000 55,531 58,000 61,350 61,000 64,880 101-4350-17-0000 ASR PRINTED FORMS & ENVELOPES 162 - - - 153 153 156 TOTAL 50,090$ 52,697$ 59,338$ 61,917$ 65,581$ 65,231$ 69,225$ CITY BUILDINGS 101-4310-18-0000 CB MISC CONTRACTED SERVICES 6,258$ 7,060$ 10,718$ 55,817 54,900 54,600 55,325 101-4325-18-0000 CB COMMUNICATIONS 6,637 6,377 6,532 5,833 6,886 6,018 6,175 101-4340-18-0000 CB REPAIRS AND MAINTENANCE 16,220 16,626 25,345 19,121 19,555 18,500 19,770 101-4381-18-0000 CB ELECTRIC AND GAS UTILITIES 39,242 28,220 32,596 33,751 35,500 36,250 36,193 101-4920-18-0000 CB TRANSFER CH RENT 64,654 78,650 81,800 85,890 90,185 90,185 94,694 21 Fiscal Year 2019 12/31/2015 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 BUDGET 2018 EST. ACTUAL 2018 BUDGET 2019 GENERAL FUND EXPENDITURES SUMMARY TOTAL 133,011$ 136,933$ 156,991$ 200,412$ 207,026$ 205,553$ 212,157$ CABLE FRANCHISE 101-4110-19-0000 CF REGULAR EMPLOYEE 6,142$ 5,738$ 6,143$ 6,330$ 7,125$ 7,125$ 8,026$ 101-4121-19-0000 CF PERA 140 449 461 475 534 534 602 101-4122-19-0000 CF FICA/MEDICARE 30 437 470 484 545 545 610 101-4131-19-0000 CF INSURANCE HEALTH - 1,222 1,690 1,652 1,732 1,722 1,793 101-4211-19-0000 CF OPERATING SUPPLIES 673 - - 86 500 500 510 101-4221-19-0000 CF SUPPLIES- EQUIPMENT - - - - 1,500 50 1,025 101-4307-19-0000 CF NSCC OPERATING SUPPORT 28,804 29,283 28,736 29,402 30,385 30,285 31,496 101-4310-19-0000 CF MISC CONTRACTED SERVICES - - 5,203 6,961 6,961 6,961 3,592 101-4341-19-0000 CF TRAINING, CONF & MTG - - - - 100 - 50 TOTAL 35,788$ 37,129$ 42,703$ 45,391$ 49,382$ 47,722$ 47,704$ POLICE PROTECTION 101-4110-21-0000 PD REGULAR EMPLOYEE 1,986,906$ 2,022,774$ 2,170,749$ $ 2,014,439 $ 1,954,732 $ 1,925,402 1,998,972$ 101-4110-21-0100 PD MECHANIC ALLOC-WAGES 16,272 17,735 16,097 17,242 18,043 18,176 18,629 101-4110-21-0200 PD DARE ALLOC-WAGES 8,387 8,098 8,257 7,726 10,038 8,061 10,356 101-4111-21-0000 PD OVERTIME EMPLOYEE 95,179 81,145 68,103 64,615 74,442 102,935 91,540 101-4111-21-0100 PD MECHANIC OVERTIME EMPLOYEE 236 - 164 150 172 172 178 101-4111-21-0200 PD DARE ALLOC - OT 1,076 579 118 228 1,288 500 750 101-4111-21-0300 PD SAFE & SOBER - OT 36,449 34,133 26,843 28,732 31,313 31,313 32,409 101-4111-21-0400 PD COURT OVERTIME 7,000 15,120 10,274 5,721 12,500 6,500 7,152 101-4121-21-0000 PD PERA 311,584 331,997 359,051 332,437 322,396 322,265 345,760 101-4121-21-0100 PD MECHANIC ALLOC- PERA 1,202 1,358 1,297 1,371 1,366 1,376 1,411 101-4121-21-0200 PD DARE ALLOC- PERA 1,526 1,615 1,537 1,442 1,626 1,387 1,882 101-4122-21-0000 PD FICA/MEDICARE 36,125 36,348 37,946 38,792 31,616 37,190 39,170 101-4122-21-0100 PD MECHANIC ALLOC-SS/MEDICARE 1,024 1,405 1,251 1,342 1,317 1,317 1,357 101-4122-21-0200 PD DARE ALLOC-SS/MEDICARE 134 133 127 119 153 153 158 101-4131-21-0000 PD INSURANCE HEALTH 302,960 305,171 337,706 304,352 310,882 311,900 324,890 101-4131-21-0100 PD MECHANIC ALLOC-HLTH INS 3,280 3,085 445 655 655 840 958 101-4131-21-0200 PD HEALTH - DARE 1,547 1,627 1,629 1,394 1,767 1,475 1,829 101-4135-21-0000 PD WORKER'S COMP INS 46,969 56,556 68,584 60,750 54,442 71,027 88,359 101-4212-21-0100 PD MOTOR FUELS 77,412 65,863 45,023 47,085 44,880 46,637 57,055 101-4220-21-0000 PD SQUADS CLEANING 1,221 1,132 1,165 1,232 1,500 1,650 1,950 101-4221-21-0000 PD SUPPLIES- EQUIPMENT 2,010 192 113 138 2,664 600 2,000 101-4221-21-0100 PD VEHICLE REPAIRS/PARTS 12,999 9,687 12,955 30,315 15,500 12,525 15,810 22 Fiscal Year 2019 12/31/2015 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 BUDGET 2018 EST. ACTUAL 2018 BUDGET 2019 GENERAL FUND EXPENDITURES SUMMARY 101-4226-21-0000 PD GENERAL SUPPLIES 25,671 22,967 22,455 12,593 25,500 17,138 17,750 101-4226-21-0100 PD SHOP SUPPLIES 369 - - - 1,058 500 1,000 101-4226-21-0200 PD DARE SUPPLIES 2,782 3,014 2,718 2,719 2,865 1,981 2,000 101-4226-21-0400 PD CITIZENS ACADEMY- SUPPLIES 98 - - - 531 - - 101-4226-21-0500 PD VEST GRANT SUPPLIES 5,750 5,635 9,313 1,303 7,097 2,211 7,239 101-4308-21-0000 AC ANIMAL CONTROL CONTRACT 26 206 - - 500 - - 101-4309-21-0000 PD CONTRACTED IT & SFTW SUPPORT 39,422 45,790 56,748 62,306 66,780 65,187 75,290 101-4310-21-0000 PD MISC CONTRACTED SERVICES 5,002 5,766 8,074 4,512 3,250 4,825 4,900 101-4325-21-0000 PD COMMUNICATIONS 43,494 43,150 44,478 44,672 46,700 52,635 64,975 101-4333-21-0000 PD HC PRISONER SERVICES 10,429 5,176 5,692 3,913 12,852 5,000 7,500 101-4341-21-0000 PD TRAINING, CONF. & MTG.15,452 19,761 21,876 16,658 27,500 27,460 28,050 101-4342-21-0000 PD MEMBERSHIPS & DUES 2,065 1,972 2,085 2,580 2,447 2,050 2,350 101-4350-21-0000 PD PRINTED FORMS & ENVELOPES 1,482 935 902 602 1,377 770 950 101-4365-21-0000 PD INSURANCE PC / LIABILITY 28,667 49,414 51,476 47,941 52,423 51,065 54,983 101-4345-21-0000 PD MISC GRANTS / REIMB EXPENDITURES 1,730 1,655 1,293 848 - - - 101-4499-21-0000 PD MISCELLANEOUS 2,047 2,034 3,809 75 228 228 233 TOTAL 3,135,984$ 3,203,231$ 3,400,353$ 3,160,996$ 3,144,401$ 3,134,452$ 3,309,795$ FIRE PROTECTION 101-4110-22-0000 FD REGULAR EMPLOYEE 445,605$ $462,292 485,961$ 512,052$ 520,946$ 520,658$ 518,491$ 101-4110-22-0100 FD MECHANIC ALLOC- WAGES 9,298 10,134 9,198 9,852 10,310 10,164 10,645 101-4111-22-0000 FD OVERTIME EMPLOYEE 44,398 34,864 36,622 39,228 37,595 44,327 38,817 101-4111-22-0100 FD OT - UNION CONTRACT 34,102 34,097 33,950 35,301 36,224 35,950 36,019 101-4112-22-0000 FD PART-TIME EMPLOYEE 60,286 72,242 70,763 77,231 72,100 85,450 74,624 101-4112-22-0100 FD CODE ENFORCEMENT 8,492 9,091 8,513 9,992 13,625 4,885 10,000 101-4121-22-0000 FD PERA 80,222 87,999 91,759 94,880 97,374 98,325 100,258 101-4121-22-0100 FD MECHANIC ALLOC- PERA 685 787 741 783 773 773 798 101-4122-22-0000 FD FICA/MEDICARE 11,133 11,995 11,674 13,065 13,739 14,173 15,090 101-4122-22-0100 FD MECHANIC FICA/MEDICARE 722 775 715 767 812 812 836 101-4123-22-0000 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 49,251 47,725 50,174 52,546 45,672 52,546 50,546 101-4131-22-0000 FD INSURANCE HEALTH 84,419 80,356 84,639 94,378 100,113 93,653 102,715 101-4131-22-0100 FD MECHANIC ALLOC- HLTH INS 1,875 1,489 254 374 675 480 528 101-4135-22-0000 FD INSURANCE WC 14,805 23,823 27,580 26,783 29,366 33,916 41,429 101-4140-22-0000 FD UNIFORM EXPENSES 8,031 7,103 7,461 5,974 9,176 9,500 9,360 101-4212-22-0100 FD MOTOR FUELS 8,393 6,919 5,064 6,010 5,898 6,391 8,024 23 Fiscal Year 2019 12/31/2015 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 BUDGET 2018 EST. ACTUAL 2018 BUDGET 2019 GENERAL FUND EXPENDITURES SUMMARY 101-4221-22-0000 FD SUPPLIES- EQUIPMENT 2,818 2,705 2,277 1,114 3,641 3,585 2,750 101-4221-22-0100 FD VEHICLE REPAIRS/PARTS 8,519 9,114 16,984 10,688 13,265 10,125 13,530 101-4225-22-0000 FD FIRE PREVENTION SUPPLIES 1,231 1,749 1,346 1,811 1,450 1,315 1,479 101-4226-22-0000 FD GENERAL SUPPLIES 4,188 4,057 4,379 4,970 4,942 4,650 5,041 101-4226-22-0100 FD SHOP SUPPLIES 1,041 1,063 1,146 1,016 1,354 350 1,381 101-4227-22-0000 FD MEDICAL SUPPLIES 4,599 4,952 3,810 2,792 5,462 4,950 5,700 101-4309-22-0000 FD CONTRACTED IT & SFTW SUPPORT 17,752 18,483 22,511 25,760 28,240 24,394 31,750 101-4310-22-0000 FD MISC CONTRACTED SERVICES 2,055 3,433 3,552 3,016 3,925 3,450 4,090 101-4325-22-0000 FD COMMUNICATIONS 16,604 16,355 15,512 17,020 15,700 16,044 16,800 101-4339-22-0000 FD EQUIP REPAIRS & MAINTENANCE 3,216 1,746 2,345 84 4,058 150 3,450 101-4340-22-0000 FD BLDG REPAIRS & MAINTENANCE 2,358 1,006 698 - 1,061 1,000 500 101-4341-22-0000 FD TRAINING, CONF. & MTG.16,502 10,827 12,050 17,415 9,500 14,608 13,000 101-4342-22-0000 FD MEMBERSHIPS & DUES 1,984 893 966 1,601 1,025 1,025 1,050 101-4345-22-0000 FD GRANT REIMB/EXPENDITURES 56,072 5,823 10,696 18,607 6,000 6,000 - TOTAL 1,006,656$ 979,897$ 1,029,340$ 1,091,110$ 1,100,021$ 1,109,649$ 1,124,700$ PROTECTIVE INSPECTIONS 101-4110-24-0000 PI REGULAR EMPLOYEE 9,181$ 9,502$ 9,964$ 10,447$ 10,990$ 10,842$ 11,372$ 101-4121-24-0000 PI PERA 689 611 755 786 824 815 853 101-4122-24-0000 PI FICA/MEDICARE 702 729 763 799 841 830 870 101-4131-24-0000 PI INSURANCE HEALTH 841 815 947 1,055 1,150 1,145 1,265 101-4226-24-0000 PI GENERAL SUPPLIES 66 - - - - - - 101-4320-24-0000 PI BUILDING OFFICAL CONTRACT 127,489 97,873 95,392 118,761 72,044 90,760 82,985 101-4321-24-0000 PI ELECTRICAL INSPECTOR 23,055 13,388 10,772 12,468 8,481 12,900 10,693 101-4350-24-0000 PI PRINTED FORMS & ENVELOPES 212 336 92 92 100 100 102 TOTAL 162,235$ 123,253$ 118,685$ 144,407$ 94,430$ 117,392$ 108,140$ EMERGENCY MANAGEMENT 101-4110-25-0000 EMS REGULAR EMPLOYEE 42,817$ 45,169$ 47,613$ 51,197$ 55,162$ 53,164$ 55,504$ 101-4121-25-0000 EMS PERA 6,484 7,252 7,678 8,281 8,936 8,613 9,406 101-4122-25-0000 EMS FICA/MEDICARE 623 656 690 742 781 771 805 101-4131-25-0000 EMS INSURANCE HEALTH 6,948 6,697 7,116 6,963 7,285 7,248 7,635 101-4135-25-0000 EMS INSURANCE WC 1,132 3,068 2,894 2,948 4,143 3,741 4,575 101-4221-25-0000 EMS SUPPLIES- EQUIPMENT 193 60 - 239 488 350 500 101-4227-25-0000 EMS MEDICAL SUPPLIES - 891 150 - - - - 101-4323-25-0000 EMS PAGERS, SIREN 1,178 1,336 1,251 1,237 1,454 1,350 1,400 101-4339-25-0000 EMS REPAIRS AND MAINTENANCE 29 - 221 - 520 100 100 24 Fiscal Year 2019 12/31/2015 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 BUDGET 2018 EST. ACTUAL 2018 BUDGET 2019 GENERAL FUND EXPENDITURES SUMMARY 101-4341-25-0000 EMS TRAINING, CONF. & MTG.992 1,098 193 288 1,500 300 350 101-4350-25-0000 EMS PRINTED FORMS & ENVELOPES 98 - - - 153 75 150 TOTAL 60,494$ 66,228$ 67,806$ 71,895$ 80,422$ 75,711$ 80,424$ PUBLIC WORKS 101-4110-31-0000 PW REGULAR EMPLOYEE 258,502$ 272,301$ 273,345$ 269,329$ 280,283$ 277,850$ 289,235$ 101-4110-31-0100 PW MECHANIC 32,269 36,108 33,149 35,525 37,091 38,295 38,072 101-4111-31-0000 PW OVERTIME EMPLOYEE 21,045 4,507 6,005 2,897 17,500 12,500 8,850 101-4111-31-0100 PW OVERTIME MECHANIC 473 - 327 300 500 205 518 101-4112-31-0000 PW PART-TIME EMPLOYEE 26,055 26,956 27,407 26,592 33,756 29,760 34,768 101-4121-31-0000 PW PERA 14,273 19,780 21,168 20,741 22,334 21,736 22,356 101-4121-31-0100 PW MECHANIC ALLOC- PERA 2,404 2,717 2,594 2,742 2,819 2,845 2,894 101-4122-31-0000 PW FICA 23,108 22,622 21,821 21,531 25,363 22,539 25,463 101-4122-31-0100 PW MECHANIC ALLOC- FICA 2,526 2,493 2,778 2,899 2,876 3,010 2,952 101-4131-31-0000 PW INSURANCE HEALTH 51,774 55,860 59,897 57,127 60,583 60,776 62,610 101-4131-31-0100 PW MECHANIC ALLOC- HI 6,903 6,170 2,480 1,310 1,680 1,680 1,915 101-4135-31-0000 PW INSURANCE WC 9,969 12,484 13,525 14,096 17,560 13,436 14,046 101-4140-31-0000 PW UNIFORM EXPENSES 4,307 6,377 8,567 9,650 5,250 8,300 5,250 101-4140-31-0100 PW UNIFORM EXPENSES - MECH 250 63 704 1,103 265 650 271 101-4212-31-0100 PW MOTOR FUELS MISC 531 227 1,304 976 1,313 1,050 1,313 101-4212-31-0200 PW MOTOR FUELS NB 105,800 100,434 70,612 75,716 84,854 87,815 104,435 101-4212-31-0300 PW FUEL - MWMO 1,424 1,888 1,124 1,462 1,500 1,510 1,935 101-4212-31-0400 PW FUEL - SANB #282 4,908 4,866 3,495 3,209 4,060 6,630 5,260 101-4212-31-0600 PW FUEL - STREET/PARKS 22,969 15,277 10,356 11,362 19,266 14,650 27,160 101-4221-31-0100 PW VEHICLE REPAIRS/PARTS 14,200 5,850 6,618 8,816 11,144 13,500 14,000 101-4223-31-0000 PW SMALL TOOLS MECHANIC 750 3,973 22 1,720 561 460 572 101-4223-31-0100 PW SMALL TOOLS 198 124 1,314 473 612 700 1,000 101-4224-31-0000 PW STREET SIGNS 997 444 1,522 563 2,295 350 2,341 101-4226-31-0000 PW GENERAL SUPPLIES 6,090 7,906 6,417 7,485 10,241 11,830 11,445 101-4226-31-0100 PW SHOP SUPPLIES 2,495 1,529 1,678 1,958 2,122 1,755 2,165 101-4228-31-0000 PW STREET REPAIR & MAINTENANCE 70,005 70,074 61,727 15,571 72,500 17,025 72,500 101-4229-31-0000 PW STREET CHEMICALS & SAND 33,279 34,029 7,275 23,655 35,322 28,750 35,090 101-4230-31-0000 PW STORMWATER MAINTENANCE 1,396 1,852 1,897 4,101 2,289 4,750 - 101-4303-31-0000 PW CONTRACTED ENGINEER 17,938 26,802 34,172 27,572 25,000 26,500 30,000 101-4309-31-0000 PW CONTRACTED IT & SFTW SUPPORT 6,825 5,091 6,557 7,423 7,785 9,602 9,459 101-4310-31-0000 PW MISC. CONTRACTED SERVICES 6,758 5,745 2,153 24,941 28,926 35,300 36,200 25 Fiscal Year 2019 12/31/2015 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 BUDGET 2018 EST. ACTUAL 2018 BUDGET 2019 GENERAL FUND EXPENDITURES SUMMARY 101-4325-31-0000 PW COMMUNICATIONS 3,833 3,878 3,526 3,246 2,911 3,100 3,350 101-4339-31-0000 PW EQUIP REPAIRS & MAINTENANCE 21,750 18,809 12,639 14,786 21,581 10,695 22,013 101-4340-31-0000 PW BLDG REPAIRS & MAINTENANCE 120 - 348 1,591 950 1,623 101-4341-31-0000 PW TRAINING, CONF. & MTG.1,868 2,931 3,756 5,475 5,900 6,250 6,018 101-4342-31-0000 PW MEMBERSHIPS & DUES 621 849 689 1,197 1,200 1,200 1,224 101-4344-31-0000 PW TRAINING CERT PROGRAMS 2,308 3,009 300 935 2,856 900 1,900 101-4345-31-0000 PW GRANT REIMB EXPENDITURES 3,302 14,714 12,023 540 - - - 101-4381-31-0000 PW STREETLIGHTS & SIGNALS 65,015 60,447 70,049 65,478 74,000 65,500 66,920 101-4435-31-0000 PW CLEAN-UP DAY COSTS 5,349 9 775 - - - - 101-4499-31-0000 PW MISCELLANEOUS 2,329 - 50 990 150 50 154 TOTAL 856,797$ 859,315$ 795,817$ 775,842$ 927,838$ 844,404$ 967,277$ PARKS 101-4110-51-0000 PR REGULAR EMPLOYEE 107,611$ 111,130$ 100,528$ 101,717$ 107,462$ 108,676$ 110,962$ 101-4110-51-0100 TW REGULAR EMPLOYEE 25,387 26,678 27,130 28,145 29,160 29,010 30,073 101-4110-51-0200 PR COMMITTEE - 240 180 300 340 340 352 101-4111-51-0000 PR OVERTIME EMPLOYEE 8,553 1,790 2,229 1,944 4,250 2,250 3,500 101-4111-51-0100 TW OVERTIME EMPLOYEE 870 454 369 305 770 1,100 850 101-4121-51-0000 PR PERA 4,913 8,032 7,921 7,994 8,378 8,595 8,585 101-4121-51-0100 TW PERA 1,910 1,877 2,132 2,189 2,245 2,400 2,319 101-4122-51-0000 PR FICA/MEDICARE 8,340 8,470 7,791 8,115 8,546 8,715 8,756 101-4122-51-0100 TW FICA/MEDICARE 2,017 2,132 2,186 2,258 2,290 2,360 2,366 101-4131-51-0000 PR INSURANCE HEALTH 24,958 27,720 24,223 20,085 20,892 21,305 21,955 101-4131-51-0100 TW INSURANCE HEALTH 4,139 4,399 4,767 5,169 5,634 5,010 5,277 101-4135-51-0000 PR INSURANCE WC 1,841 2,933 3,258 3,520 2,740 3,286 3,474 101-4135-51-0100 TW INSURANCE WC 1,219 2,390 2,116 2,339 1,827 2,191 2,316 101-4212-51-0000 PW FUEL - STREET/PARKS 11,178 - - - - - - 101-4212-51-0000 PR GENERAL SUPPLIES 7,630 16,188 11,193 19,832 11,444 8,500 13,750 101-4310-51-0100 TW MISC. CONTRACTED SERVICES 1,112 - 1,060 - 1,195 - - 101-4325-51-0000 PR COMMUNICATIONS 1,343 1,369 1,285 1,370 1,377 1,460 1,484 101-4325-51-0100 TW COMMUNICATIONS 146 155 155 171 172 180 198 101-4337-51-0000 PR STRUCTURES REPAIRS & MAINT.5,968 8,336 6,687 8,108 6,101 12,490 7,500 101-4338-51-0100 TW TREE REPLACEMENT 3,242 3,439 4,561 3,542 3,329 3,600 3,750 101-4339-51-0000 PR EQUIP REPAIRS & MAINTENANCE 3,495 2,343 8,554 8,327 8,755 9,065 8,930 101-4339-51-0100 TW EQUIP REPAIRS & MAINTENANCE - - - 52 265 265 271 101-4381-51-0000 PR ELECTRIC AND GAS UTILITIES 19,475 16,540 20,135 19,838 21,479 19,712 20,312 26 Fiscal Year 2019 12/31/2015 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 BUDGET 2018 EST. ACTUAL 2018 BUDGET 2019 GENERAL FUND EXPENDITURES SUMMARY 101-4415-51-0000 PR SS RENTALS 2,158 1,936 2,423 2,614 2,601 2,675 2,725 101-4499-51-0000 PR MISCELLANEOUS 16 - - 427 104 50 106 101-4499-51-0100 TW MISCELLANEOUS - - - - 104 50 106 101-4671-61-0000 CS ISD 282 REC PROGRAMS 52,176 52,176 52,176 52,176 52,176 52,176 52,176 TOTAL 299,696$ 300,726$ 293,059$ 300,536$ 303,637$ 305,461$ 312,093$ OTHER EXPENDITURES AND TRANSFERS 101-4335-70-0000 INSURANCE CLAIMS 22,694$ 7,593$ 21,989$ 26,984 6,242 14,500 12,500 101-4343-70-0000 EQUITY INTITIATIVE - - - 9,800 - 9,800 10,000 101-4346-70-0000 COLLABORATIVE INTITIATIVE - - - - - 6,400 10,000 101-4347-70-0000 PROPERTY RESOURSE INTITIATIVE - - - - - 3,250 10,000 101-4348-70-0000 SUSTAINABILITY INTITIATIVE - - - - - 2,895 10,000 101-4499-23-0000 INCIDENT EXPENSE - - 553,339 880,761 - 190,000 - 101-4920-70-0000 TRANSFER - SEVERENCE FUND 86,300 86,300 86,300 86,300 86,300 86,300 86,300 TOTAL 108,994$ 297,486$ 661,628$ 1,003,845$ 92,542$ 313,145$ 138,800$ TOTAL FUND EXPENDITURES 6,566,874$ 6,782,676$ 7,411,957$ 7,627,593$ 6,835,142$ 7,002,295$ 7,200,728$ TOTAL FUND REVENUE 6,890,891$ 6,756,133$ 7,285,001$ 7,708,650$ 6,844,116$ 7,027,147$ 7,210,904$ CHANGE IN FUND BALANCE 324,017$ (26,543)$ *(126,956)$ *81,058$ 8,974$ 24,851$ 10,176$ BEGINNING FUND BALANCE 2,148,539 2,472,555 2,446,012 2,319,056 2,400,114 2,400,114 2,424,965 ENDING FUND BALANCE 2,472,555$ 2,446,012$ 2,319,056$ 2,400,114$ 2,409,088$ 2,424,965$ 2,435,142$ 2,017$ 6,835,139$ *SCHEDULED USE OF FUND BALANCE 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 2019 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 REVENUES SALES 6,136,301$ 5,954,858$ 5,875,921$ 5,720,563$ 5,806,371$ 5,868,091$ 6,030,863$ LESS: COGS (4,704,566) (4,572,858) (4,468,066) (4,347,628) (4,401,230) (4,345,124) (4,523,147) TOTAL GROSS PROFIT 1,431,735$ 1,382,000$ 1,407,855$ 1,372,935$ 1,405,142$ 1,522,967$ 1,507,716$ EXPENDITURES SALARIES, WAGES, BENEFITS FULL-TIME EMPLOYEES 275,162$ 290,075$ 289,058$ 245,188$ 340,832$ 329,955$ 353,862$ PART-TIME EMPLOYEES 228,449 191,735 215,389 300,228 246,302 244,939 268,208 ACCOUNTING WAGES 59,898 52,436 50,211 54,995 57,148 61,802 67,318 PERA 40,657 45,300 41,166 44,537 48,321 46,958 51,704 FICA/MEDICARE 41,319 39,625 40,266 43,289 49,288 46,078 52,738 INSURANCE HEALTH 67,167 69,768 72,209 76,427 91,772 90,063 93,024 INSURANCE WORKERS COMP 6,630 5,692 8,502 14,840 14,592 14,778 15,436 UNEMPLOYMENT BENEFITS 496 1,024 508 1,079 1,000 500 1,000 TOTAL 719,778$ 695,653$ 717,308$ 780,583$ 849,255$ 835,073$ 903,290$ ALL OTHER EXPENSES UNIFORMS 943$ 657$ 844$ 2,314$ 2,360$ -$ 2,400$ MATS/TOWELS LAUNDRY 11,060 4,085 3,828 5,007 4,646 4,510 4,601 OPERATING SUPPLIES 9,944 11,010 11,617 9,662 11,027 12,253 12,500 OFFICE SUPPLIES 3,943 2,946 2,884 2,692 3,500 3,343 3,500 SANITATION 1,430 1,535 1,980 2,221 2,158 2,501 2,551 SUPPLIES- EQUIPMENT 1,516 4,058 11,792 315 9,000 4,143 9,000 CREDIT CARD FEES 110,215 105,104 104,958 104,596 103,353 107,523 110,595 CAM CHARGES 67,440 70,351 50,859 54,650 62,558 55,803 61,654 FREIGHT 36,426 33,570 32,770 32,739 31,935 31,369 32,452 PROFESSIONAL SERVICES 6,116 7,701 4,679 3,709 5,750 5,268 5,750 AUDIT FEES 12,688 12,333 14,700 15,283 9,700 9,459 9,795 IT & SOFTWARE SUPPORT 16,756 20,223 24,921 26,132 26,100 25,994 32,270 MISC CONTRACTED SERVICES 562 527 320 504 270 230 - LIQUOR FUND - COMBINED OPERATIONS 30 Fiscal Year 2019 WINDOW CLEANING 354 801 942 1,316 1,226 1,025 1,020 CLEANING SERVICE 733 7,238 270 70 500 - 500 COMMUNICATIONS 7,765 7,629 7,108 7,271 6,700 4,891 6,750 SECURITY MONITORING SERVICE 2,116 1,327 1,461 1,475 1,505 2,487 2,537 REPAIRS & MAINTENANCE 3,525 9,736 16,097 2,835 6,500 15,016 6,500 TRAINING, CONF. & MTG.1,622 1,305 1,015 230 1,628 1,586 1,645 MEMBERSHIPS & DUES 7,342 7,900 8,166 6,075 6,200 6,150 6,200 ADVERTISING AND SIGNAGE 11,063 10,193 2,295 4,529 5,000 2,349 5,000 INSURANCE PROPERTY / LIABILITY 15,246 15,032 13,693 11,486 12,443 11,093 11,122 ELECTRIC AND GAS UTILITIES 49,398 40,845 47,802 47,762 45,891 43,913 48,982 TOTAL OTHER EXPENSE 378,203$ 376,105$ 365,000$ 352,709$ 359,950$ 350,907$ 377,323$ TOTAL OPERATING EXPENSE 1,097,981$ 1,071,758$ 1,082,308$ 1,133,292$ 1,209,205$ 1,185,980$ 1,280,613$ OPERATING INCOME 333,755$ 310,242$ 325,547$ 239,643$ 195,937$ 336,987$ 227,102$ NON OPERATING INCOME / (EXPENSE)5,881 4,250 4,200 4,450 4,450 4,450 4,450 BOND/INTEREST FEES - - - - - - - DEPRECIATION EXPENSE 76,566 75,658 68,064 68,064 72,000 68,782 70,158 NET INCOME 263,070$ 238,834$ 261,682$ 176,028$ 128,387$ 272,655$ 161,395$ OTHER CASH USES TRANSFER TO GENERAL FUND 214,244$ 67,849$ 156,396$ 249,060$ 200,000$ 250,000$ 200,000$ TRANSFERS TO CAPITAL FUNDS 181,200 181,200 92,653 INTERFUND LOAN PRINCIPAL - - - - - - - ADD BACK DEPRECIATION EXPENSE (76,566) (77,184) (68,064) (68,064) (72,000) (68,782) (70,158) NET CHANGE IN ASSETS/LIABILITIES (115,439) - - - - - - TOTAL OTHER CASH USES 203,439$ 171,865$ 180,985$ 180,996$ 128,000$ 181,218$ 129,842$ NET INCREASE/(DECREASE) IN CASH 59,631$ 66,969$ 80,698$ (4,967)$ 387$ 91,437$ 31,552$ BEGINNING CASH BALANCE 401,808$ 461,439$ 528,408$ 657,093$ 652,126$ 652,126$ 743,563$ ENDING CASH BALANCE 461,439$ 528,408$ 609,106$ 652,126$ 652,513$ 743,563$ 775,115$ LIQUOR FUND - COMBINED OPERATIONS 31 Fiscal Year 2019 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET REVENUES 2014 2015 2016 2017 2018 2018 2019 Water Operations 875,407$ 897,232$ 917,927$ 945,788$ 1,044,818$ 985,721$ 1,058,928$ Sewer Operations 914,442 947,618 1,005,329 1,098,938 1,174,957 1,131,590 1,213,153 Total Operating Revenues 1,789,849$ 1,844,850$ 1,923,256$ 2,044,726$ 2,219,775$ 2,117,311$ 2,272,081$ EXPENDITURES Water Operations 601,617$ 618,069$ 787,497$ 841,508$ 940,252$ 981,855$ 1,020,797$ Sewer Operations 982,557 963,621 930,659 1,029,372 1,118,985 1,126,622 1,166,012 Total Operating Expenditures 1,584,174$ 1,581,690$ 1,718,156$ 1,870,880$ 2,059,237$ 2,108,477$ 2,186,809$ Combined Operating Income 205,675$ 263,160$ 205,100$ 173,846$ 160,537$ 8,833$ 85,273$ Other (Income)/Expense Water (4,214)$ (1,938)$ (11,143)$ (40,051)$ 10,100$ (18,500)$ (26,795)$ Sewer (5,828)(21,139)(14,045)(36,189)(550)(22,650)(34,550) Interest Income - (499) (23,907) (11,500) (13,605) (13,605) (13,605) Depreciation Expense 288,955 308,955 332,399 352,399 371,766 371,766 391,766 Total Other (Income)/Expense 278,913 285,380 283,304 264,659 367,711 317,011 316,816 Net Income/(Loss) (73,238)$ (22,220)$ (78,204)$ (90,813)$ (207,174)$ (308,177)$ (231,544)$ Other Sources and Uses: Transfers Out -$ (15,000)$ (225,000)$ -$ -$ -$ -$ Transfers In - - 1,632,862 - - - - Debt Service Payments (137,700) (140,450) (138,150) (145,750) (148,200) (148,200) (145,600) Net Change in Assets / Liabilities (39,142) (46,105) 49,451 - - - - Proceeds Bonding/Army - - 130,932 - - - - Add back Depreciation Expense 288,955 308,955 332,399 352,399 371,766 371,766 391,766 Total Other Sources and Uses 112,113 107,400 1,782,494 206,649 223,566 223,566 246,166 Net increase (decrease) in cash 38,875$ 85,180$ 1,704,290$ 115,836$ 16,393$ (84,611)$ 14,623$ BEGINNING CASH BALANCE 1,962 40,837 126,017 1,830,307 1,946,143 1,946,143 1,861,533 ENDING CASH BALANCE 40,837$ 126,017$ 1,830,307$ 1,946,143$ 1,962,537$ 1,861,533$ 1,876,157$ UTILITY FUND SUMMARY 32 Fiscal Year 2019 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 OPERATING INCOME 701-3710-0-0-00 WATER BILLINGS 869,372$ 891,132$ 911,902$ 938,997$ $1,037,742 977,739$ $1,051,769 701-3715-0-0-00 WATER ON/OFF FEES 735 450 525 915 550 550 550 701-3717-0-0-00 PENALTIES WATER 5,300 5,650 5,500 5,876 6,526 7,432 6,609 TOTAL 875,407$ 897,232$ 917,927$ 945,788$ $1,044,818 985,721$ $1,058,928 DISTRIBUTION OPERATING EXPENDITURES 701-4110-80-0000 WT REGULAR EMPLOYEE 284,852$ 286,793$ 298,315$ 317,302$ 328,044$ 322,295$ 340,306$ 701-4111-80-0000 WT OVERTIME EMPLOYEE 8,498 17,235 16,381 21,329 17,140 25,774 25,000 701-4115-80-0000 WT POST BENEFIT PAYOUT - - 2,095 - - - - 701-4121-80-0000 WT PERA 30,195 23,514 23,433 23,892 25,889 26,105 27,398 701-4122-80-0000 WT FICA/MEDICARE 22,143 22,135 23,637 24,164 26,407 26,627 27,946 701-4131-80-0000 WT INSURANCE HEALTH 49,415 53,691 58,664 51,904 55,615 53,401 56,439 701-4135-80-0000 WT INSURANCE WC 6,510 9,712 11,559 9,895 3,000 9,250 9,686 701-4211-80-0000 WT OFFICE SUPPLIES 1,126 785 721 585 750 675 675 701-4212-80-0000 WT MOTOR FUELS 8,562 5,834 4,152 4,557 5,770 5,860 6,930 701-4221-80-0000 WT SUPPLIES-EQUIPMENT - - 762 118 750 500 500 701-4226-80-0000 WT GENERAL SUPPLIES 2,996 3,416 4,253 3,396 2,142 4,875 5,350 701-4300-80-0000 WT AUDITOR 7,750 6,167 7,350 8,324 7,250 7,250 7,420 701-4309-80-0000 WT IT & SFTW SUPPORT 15,148 19,592 21,693 20,640 36,263 24,200 25,962 701-4310-80-0000 WT MISC CONTRACTED SERVICES 4,071 2,428 326 4,307 400 2,200 2,277 701-4310-80-0100 WT METER READING FEES 3,206 5,017 7,500 10,232 7,725 7,970 8,209 701-4325-80-0000 WT COMMUNICATIONS 10,273 9,949 10,391 9,255 9,734 9,700 9,810 701-4337-80-0000 WT MAIN REPAIRS & MAINTENANCE 7,127 24,925 1,104 5,548 11,500 6,500 11,500 701-4339-80-0000 WT EQUIP REPAIRS & MAINTENANCE 12,428 9,760 5,039 4,752 6,500 5,900 6,500 701-4341-80-0000 WT TRAINING, CONF. & MTG.2,051 1,990 1,295 1,002 2,100 600 650 701-4341-80-0100 WT TUITION- CERTIFICATIONS 114 500 371 414 450 90 255 701-4342-80-0000 WT MEMBERSHIPS & DUES 349 399 491 - 500 500 500 701-4350-80-0000 WT PRINTING AND POSTAGE 4,764 4,588 1,681 3,840 4,335 4,000 4,335 701-4381-80-0000 WT ELECTRIC AND GAS UTILITIES 92,869 89,504 86,619 11,519 12,090 11,100 11,600 TOTAL 601,617$ 618,069$ 600,246$ 536,974$ 564,353$ 555,372$ 589,247$ PRODUCTION OPERATING EXPENDITURES 701-4110-85-0000 REGULAR EMPLOYEE 56,678 58,161 60,633 59,861 62,285 WATER OPERATIONS 33 Fiscal Year 2019 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST. ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 WATER OPERATIONS 701-4111-85-0000 OVERTIME EMPLOYEE 712 1,024 850 550 850 701-4121-85-0000 PERA 4,768 4,900 4,611 4,531 4,735 701-4122-85-0000 FICA/MEDICARE 4,875 4,973 4,703 4,621 4,830 701-4131-85-0000 INSURANCE HEALTH 9,235 10,126 11,037 11,037 11,848 701-4135-85-0000 WTR FILT INSURANCE WC 4,328 3,776 3,964 3,587 3,749 701-4221-85-0000 SUPPLIES- EQUIPMENT 3,146 396 1,650 1,250 1,275 701-4226-85-0000 GENERAL SUPPLIES 52,187 55,746 55,632 59,228 61,005 701-4226-85-0001 CARBON SUPPLY USAGE - 2,654 27,000 27,000 27,000 701-4226-85-0002 UV BULB SUPPLY USAGE - - 13,300 13,300 13,300 701-4226-85-0003 PEROXIDE SUPPILES - 9,058 30,930 36,400 701-4303-85-0000 ENGINEER EXPENSES 13,628 1,952 11,500 5,500 6,000 701-4308-85-0000 WATER QUALITY PROTECTION COSTS - 12,387 10,000 12,150 12,350 701-4309-85-0000 CONTRACTED IT & SFTW SUPPORT 330 - 2,925 3,095 3,174 701-4310-85-0000 MISC CONTRACTED SERVICES 386 330 450 345 375 701-4325-85-0000 COMMUNICATIONS 149 2,143 1,852 2,425 2,500 701-4339-85-0000 EQUIP REPAIRS & MAINTENANCE 11,748 14,140 14,500 30,000 16,500 701-4340-85-0000 BLDG REPAIRS & MAINTENANCE 9,554 5,724 6,750 2,500 2,750 701-4365-85-0000 INSURANCE PROPERTY / LIABILITY - 14,067 16,591 18,052 20,023 701-4381-85-0000 ELECTRIC AND GAS UTILITIES 15,527 112,035 118,892 136,520 140,600 TOTAL - - 187,251 304,534 375,898 426,483 431,549 OPERATING INCOME (LOSS)273,790$ 279,163$ 130,430$ 104,281$ 104,567$ 3,866$ 38,132$ OTHER (INCOME) / EXPENSE 701-3891-0-0-00 WT MISCELLANEOUS INCOME (2,529) (390) (2,495) (12,559) (550) (550) (550) 701-3620-0-1-00 WT INTEREST INCOME - (499) (23,907) (16,714) (13,605) (15,105) (16,500) 701-3713-0-0-00 WT WATER CONNECTION FEES (3,600) (3,180) (7,650) (23,850) - (22,100) (34,000) 701-3910-0-0-00 WT SALE OF ASSETS - - (1,170) - - - - 701-4335-80-0000 WT BKUP RESTORATION COSTS - - - - 10,000 5,000 10,000 701-4499-80-0000 WT MISCELLANEOUS EXPENSE 1,915 1,632 172 1,572 650 650 650 TOTAL (4,214)$ (2,437)$ (35,050)$ (51,551)$ (3,505)$ (32,105)$ (40,400)$ OPERATING INCOME BEFORE DEPRECIATION 278,004$ 281,600$ 165,480$ 155,832$ 108,072$ 35,971$ 78,532$ PRIOR TO 2016 PRODUCTION COSTS ACCOUNTED FOR IN SEPARATE FUND 34 Fiscal Year 2019 # ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 OPERATING INCOME 701-3720-0-0-00 SEWER BILLINGS 914,442$ 947,618$ 1,005,329$ 1,098,938$ 1,174,957$ 1,131,590$ 1,213,153$ TOTAL 914,442$ 947,618$ 1,005,329$ 1,098,938$ 1,174,957$ 1,131,590$ 1,213,153$ OPERATING EXPENDITURES 701-4110-75-0000 SS REGULAR EMPLOYEE 187,990$ 200,036$ 203,152$ 218,382$ 221,309$ 215,750$ 229,488$ 701-4111-75-0000 SS OVERTIME EMPLOYEE 4,800 20,390 15,398 18,028 19,026 21,521 22,220 701-4121-75-0000 SS PERA 14,223 15,100 15,730 16,431 18,025 17,795 18,878 701-4122-75-0000 SS FICA/MEDICARE 14,517 15,205 15,791 16,437 18,386 18,151 19,256 701-4131-75-0000 SS INSURANCE HEALTH 35,406 40,215 42,862 41,725 41,841 42,160 44,574 701-4135-75-0000 SS INSURANCE WC 2,818 4,522 5,314 4,685 3,000 4,575 4,687 701-4211-75-0000 SS OFFICE SUPPLIES 30 - - - 150 150 150 701-4212-75-0000 SS MOTOR FUELS 12,049 8,710 6,221 6,825 8,583 8,583 10,396 701-4226-75-0000 SS GENERAL SUPPLIES 4,805 4,704 3,128 (120) 1,250 1,250 1,250 701-4300-75-0000 SS AUDITOR 6,200 4,933 5,880 6,785 7,250 7,250 7,420 701-4309-75-0000 SS IT & SFTW SUPPORT 9,997 7,668 8,148 12,205 14,065 14,065 15,405 701-4310-75-0000 SS MISC CONTRACTED SERVICES 4,659 2,428 331 273 4,700 4,650 4,700 701-4325-75-0000 SS COMMUNICATIONS 4,599 5,112 3,964 3,136 3,320 3,150 3,408 701-4335-75-0000 SS BKUP RESTORATION COSTS 8,785 - - - 10,000 10,000 10,000 701-4339-75-0000 SS EQUIP REPAIRS & MAINTENANCE 11,894 15,700 2,487 17,438 13,500 24,847 13,500 701-4341-75-0000 SS TRAINING, CONF. & MTG.625 885 934 205 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 - - - 238 - - - 701-4350-75-0000 SS PRINTING AND POSTAGE 1,914 1,688 1,681 4,303 4,335 4,000 4,335 701-4365-75-0000 SS INSURANCE PROPERTY/ LIABILITY 28,385 16,118 13,100 9,352 9,777 10,121 11,134 701-4375-75-0000 SS MCES WASTE TREATMENT CHARGE 620,470 593,381 576,237 643,390 708,567 708,567 733,670 701-4381-75-0000 SS ELECTRIC AND GAS UTILITIES 8,051 6,581 10,301 9,654 10,226 8,361 9,866 TOTAL 982,557$ 963,621$ 930,659$ 1,029,372$ 1,118,985$ 1,126,622$ 1,166,012$ OPERATING INCOME (LOSS)(68,115)$ (16,003)$ 74,670$ 69,566$ 55,971$ 4,969$ 47,141$ SEWER OPERATIONS 35 Fiscal Year 2019 # ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 SEWER OPERATIONS OTHER (INCOME) / EXPENSE 701-3723-0-0-00 SEWER CONNECTION FEES (6,800)$ (5,950)$ (7,650)$ (23,800)$ -$ (22,100)$ (34,000)$ 701-3891-0-0-00 SS MISCELLANEOUS INCOME (653) (16,001) (6,305) (12,559)(650)(650)(650) 701-3910-0-0-00 SS SALE OF ASSETS 0 0 (180)0 701-4499-75-0000 SS MISCELLANEOUS EXPENSE 1,625 813 90 170 100 100 100 TOTAL (5,828)$ (21,139)$ (14,045)$ (36,189)$ (550)$ (22,650)$ (34,550)$ NET INCOME (LOSS) BEFORE DEPRECIATION (62,287)$ 5,135$ 88,715$ 105,754$ 56,521$ 27,619$ 81,691$ 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 2019 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST.ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 REVENUES 301-3101-0-0-00 PROPERTY TAX LEVY/MVHC 153,194$ 130,312$ 138,346$ 156,028$ 162,534$ 162,534$ 170,254$ 301-3804-0-0-00 REFUNDS AND REIMBURSEMENTS - 2,372 - 31,678 500 500 500 301-3810-0-0-00 INVESTMENT INCOME - - - - 150 150 150 301-3920-0-0-00 TRANSFER - GENERAL FUND - 82,239 - - - - - 301-3920-0-0-00 TRANSFER - HRA PROJECTS FUND - 71,941 - - - - - TOTAL 153,194$ 286,864$ 138,346$ 187,706$ 163,184$ 163,184$ 170,904$ EXPENDITURES 301-4110-00-0000 REGULAR EMPLOYEE 72,743$ 76,197$ 81,391$ 85,562$ 90,536$ 90,988$ 95,575$ 301-4121-00-0000 PERA 5,027 5,681 6,078 6,411 6,790 6,824 7,168 301-4122-00-0000 FICA/MEDICARE 5,472 5,742 6,126 6,439 6,926 6,845 7,311 301-4131-00-0000 INSURANCE HEALTH 5,616 11,173 12,497 12,156 12,759 12,102 12,508 301-4135-00-0000 INSURANCE WC - 248 326 895 846 878 914 301-4300-00-0000 PROFESSIONAL SERVICES 7,931 4,111 5,452 6,113 5,250 5,050 6,250 301-4302-13-0000 PL CONTRACTED PLANNER 20,000 4,550 20,000 301-4321-00-0000 GMHC - PROGRAM FEE 12,500 12,500 40,676 10,417 460 600 600 301-4322-00-0000 SALO PARK MAINT. CONTRACT 33,598 - 320 - - - - 301-4324-00-0000 ECONOMIC DEVELOPMENT 107 2,250 2,250 2,588 2,250 2,250 2,250 301-4499-00-0000 MISCELLANEOUS EXPENSE 160 - .680 - - - 301-4920-00-0000 TRANSFERS-OUT - - - - - - - TOTAL 143,154$ 117,902$ 155,116$ 131,259$ 145,817$ 130,087$ 152,577$ NET CHANGE 10,040$ 168,962$ (16,770)$ 56,447$ 17,367$ 33,097$ 18,328$ BEGINNING FUND BALANCE (169,815)$ (159,775)$ 9,188$ (7,582)$ 48,865$ 48,865$ 81,962$ ENDING FUND BALANCE (159,775)$ 9,188$ (7,582)$ 48,865$ 66,232$ 81,962$ 100,289$ HOUSING & REDEVELOPMENT AUTHORITY 38 Fiscal Year 2019 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST.ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 REVENUES 225-3362-0-0-01 SCORE INCENTIVE GRANTS RC -$ -$ -$ -$ -$ -$ 1,694$ 225-3362-0-0-02 RECYCLING GRANT HC 17,384 21,327 20,768 18,989 17,090 16,150 14,538 225-3410-0-1-00 CLEAN-UP DAY FEES - 3,465 2,636 3,598 3,250 4,280 4,025 225-3810-0-0-00 INVESTMENT INCOME 76 125 182 141 50 50 50 225-3891-0-0-00 MISCELLANEOUS REVENUE - - - - - - - 225-3920-0-0-00 TRANSFERS-IN LIQUOR - - - - - - - TOTAL 17,460$ 24,918$ 23,586$ 22,728$ 20,390$ 20,480$ 20,307$ EXPENDITURES 225-4110-00-0000 REGULAR EMPLOYEE -$ 5,494$ 6,143$ 6,330$ 7,125$ 7,259$ 8,026$ 225-4111-00-0000 OVERTIME EMPLOYEE - 39 - - - - - 225-4121-00-0000 PERA - 427 461 475 534 544 602 225-4122-00-0000 FICA/MEDICARE - 424 470 484 545 555 614 225-4131-00-0000 INSURANCE HEALTH - 1,370 1,690 1,652 1,732 1,723 1,793 225-4345-00-0001 RC ORGANICS PUBLIC EDUCATION - - - - - - 847 225-4345-00-0002 RC BULKY WASTE PUBLIC EDUCATION - - - - - - 847 225-4350-00-0000 NEWSLETTER COSTS - 5,178 4,557 5,756 6,750 5,560 6,140 225-4435-00-0000 CLEAN-UP DAY COSTS - 5,861 3,731 6,033 5,000 5,549 5,750 225-4499-00-0000 MISCELLANEOUS EXPENSE - - - - - - - 225-4920-00-0000 TRANSFERS-OUT - - - - - - - TOTAL -$ 18,794$ 17,052$ 20,729$ 21,686$ 21,190$ 24,619$ NET CHANGE 17,460$ 6,124$ 6,534$ 1,999$ (1,296)$ (710)$ (4,312)$ BEGINNING FUND BALANCE 35,180 52,640 11,792 18,326 20,325 19,029 18,319 ENDING FUND BALANCE 52,640$ 58,764$ 18,326$ 20,325$ 19,029$ 18,319$ 14,007$ RECYCLING FUND 39 Fiscal Year 2019 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST.ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 REVENUES 230-3360-0-0-00 GRANT REVENUE -$ -$ -$ -$ -$ -$ -$ 230-3520-0-0-00 FORFEITURES 7,549 5,721 9,810 4,400 2,750 12,850 2,750 230-3810-0-0-00 INVESTMENT INCOME 488 362 418 302 425 425 425 230-3891-0-0-00 MISCELLANEOUS INCOME - - - - - - - 230-3910-0-0-00 SALE OF ASSETS - - - - 230-3920-0-0-00 TRANSFER-IN - - - - TOTAL 8,037$ 6,084$ 10,228$ 4,702$ 3,175$ 13,275$ 3,175$ EXPENDITURES 230-4221-00-0000 SUPPLIES- EQUIPMENT 1,022$ 6,102 -$ -$ 1,750$ -$ 15,000$ 230-4226-00-0000 GENERAL SUPPLIES 839 - - 531 - 541 230-4310-00-0000 EAST METRO SWAT MEMBERSHIP 2,818 3,082 2,903 3,253 3,500 3,500 4,000 230-4499-00-0000 MISCELLANEOUS EXPENSE 1,766 1,086 857 708 1,000 2,500 1,000 230-4920-00-0000 TRANSFER-OUT - - - - - - - TOTAL 5,606$ 11,109$ 3,760$ 6,778$ 6,781$ 6,000$ 20,541$ NET CHANGE 2,431$ (5,025)$ 6,468$ (2,076)$ (3,606)$ 7,275$ (17,366)$ BEGINNING FUND BALANCE 28,741 31,171 26,147 32,615 30,538 30,538 37,813 ENDING FUND BALANCE 31,171$ 26,147$ 32,615$ 30,538$ 26,933$ 37,813$ 20,447$ FORFEITURE FUND 40 Fiscal Year 2019 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST.ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 REVENUES 240-3440-0-0-00 INSTRUCTOR FEES 3,130$ 3,662$ 3,623$ 1,934$ 2,500$ 2,625$ 2,500$ 240-3891-0-0-00 MISCELLANEOUS INCOME 316 43 61 - 25 25 25 TOTAL 3,446$ 3,705$ 3,684$ 1,934$ 2,525$ 2,650$ 2,525$ EXPENDITURES 240-4110-00-0000 REGULAR EMPLOYEE 1,340$ 1,420$ 1,260$ 300$ 1,000$ 600$ 1,000$ 240-4121-00-0000 PERA/FICA - - - - - - - 240-4225-00-0000 TRAINING SUPPLIES 2,134 1,043 2,062 1,026 750 128 750 240-4426-00-0000 GENERAL SUPPLIES 246 - - - 100 50 100 240-4499-00-0000 MISCELLANEOUS EXPENSE - - - TOTAL 3,720$ 2,463$ 3,322$ 1,326$ 1,850$ 778$ 1,850$ NET CHANGE (274)$ 1,242$ 362$ 608$ 675$ 1,872$ 675$ BEGINNING FUND BALANCE 3,184 2,910 4,152 4,514 5,123 5,123 6,995 ENDING FUND BALANCE 2,910$ 4,152$ 4,514$ 5,123$ 5,798$ 6,995$ 7,670$ FIRE EDUCATOR/TRAINING 41 Fiscal Year 2019 12/31/2015 ACTUAL ACTUAL ACTUAL ACTUAL BUDGET EST.ACTUAL BUDGET 2014 2015 2016 2017 2018 2018 2019 REVENUES 601-3410-0-0-00 RENTAL RECEIPTS (SCHOOL DISTRICT)125,000$ 125,000$ 125,000$ 127,500$ 127,100$ 127,300$ 127,300$ 601-3810-0-0-00 INTEREST EARNINGS 439 430 859 643 425 425 425 601-3891-0-0-00 MISC INCOME-INSURANCE 6,980 - - - - - - 601-3920-0-0-00 RENT TRANSFER 64,654 78,650 81,800 85,890 90,185 90,185 94,694 TOTAL 197,073$ 204,080$ 207,659$ 214,033$ 217,710$ 217,910$ 222,419$ EXPENDITURES 601-4110-00-0000 CC REGULAR EMPLOYEE 9,916$ 10,611$ 10,883$ 30,234$ 31,543$ 31,543$ 32,425$ 601-4111-00-0000 CC OVERTIME EMPLOYEE 930 24 55 167 200 200 200 601-4121-00-0000 CC PERA 789 842 882 2,375 2,381 2,517 2,577 601-4122-00-0000 CC FICA/MEDICARE 832 839 897 2,415 2,428 2,554 2,610 601-4131-00-0000 CC INSURANCE HEALTH 1,656 1,779 1,946 5,555 5,867 5,860 6,231 601-4135-00-0000 CC INSURANCE WC - 186 339 1,347 959 1,049 1,128 601-4226-00-0000 CC GENERAL SUPPLIES 2,151 3,489 2,579 2,403 3,489 2,078 2,120 601-4309-00-0000 CC CONTRACTED JANITORIAL 43,936 42,936 42,976 - - - - 601-4310-00-0000 CC RUGS AND REFUSE SERVICES 6,135 3,978 3,816 3,764 3,785 3,533 3,657 601-4325-00-0000 CC COMMUNICATIONS 2,332 1,820 1,851 3,396 2,364 2,364 2,711 601-4340-00-0000 CC REPAIRS & MAINTENANCE 52,142 37,371 15,465 23,779 23,646 23,711 24,897 601-4381-00-0000 CC ELECTRIC & GAS UTILITIES 70,188 61,262 63,390 55,643 67,500 64,350 62,529 601-4365-00-0000 CC INSURANCE PROPERTY / LIABILITY 1,808 3,997 3,686 3,545 3,777 4,341 4,992 TOTAL 192,816$ 169,135$ 148,765$ 134,623$ 147,939$ 144,099$ 146,076$ NET INCOME 4,257 34,946 58,894 79,410 69,771 73,811 76,343 NET CHANGE IN ASSETS / LIABILITIES - - - - - - - TRANSFER TO BUILDING IMP FUND (25,000) (25,000) (25,000) (85,890) (90,185) (90,185) (94,694) BEGINNING FUND BALANCE 36,558 15,815 25,761 59,655 53,175 53,175 36,801 ENDING FUND BALANCE 15,815$ 25,761$ 59,655$ 53,175$ 32,761$ 36,801$ 18,450$ COMMUNITY SERVICE CENTER 42  Capital Equipment  Building Improvements  Street Improvements  Public Utilities Infrastructure  Stormwater Improvements  Park Improvements CAPITAL FUNDS 43 Fiscal Year 2019 SOURCES 2018 Est. Actual 2018 2019 2020 2021 2022 2023 2024-2029 2030-2035 Capital Improvement Levy 233,200$ 233,200$ 258,200$ 283,200$ 308,200$ 333,200$ 358,200$ 2,674,200$ 3,574,200$ MSA/Revolving Funds 90,000 90,000 90,000 90,000 90,000 90,000 90,000 540,000 540,000 Trade/Sale of Equipment 3,500 28,885 5,000 5,000 5,000 5,000 5,000 30,000 30,000 Donations/Grants 40,465 40,465 - - - - - 90,000 33,000 Interest / Equipment note proceeds - 9,459 6,500 5,500 2,500 1,000 1,000 1,390,000 35,000 TOTAL 367,165$ 402,009$ 359,700$ 383,700$ 405,700$ 429,200$ 454,200$ 4,724,200$ 4,212,200$ Uses Police 396,559$ 313,169$ 146,380$ 122,996$ 166,518$ 178,903$ 211,394$ 1,135,020$ 1,340,147$ Fire 88,356 80,201 107,297 187,664 82,955 141,184 79,490 1,426,952 1,567,106 Administration/Finance 103,864 117,674 23,096 2,920 36,850 25,307 5,825 216,109 123,234 Streets 55,332 2,500 163,016 35,388 80,340 48,933 83,916 176,604 206,079 Parks 26,648 21,401 22,726 68,858 83,708 72,009 9,599 106,913 327,334 DAILY OPERATIONS-MINIMAL EQUIPMENT NEEDS 670,759 534,945 462,514 417,826 450,371 466,336 390,225 3,061,598 3,563,901 MINIMAL SHORTFALL (303,594)$ (132,936)$ (102,814)$ (34,126)$ (44,671)$ (37,136)$ 63,975$ 1,662,602$ 648,299$ SPECIFIC OPERATIONS - EQUIPMENT NEEDS Scheduled Items Fire Engines*500,000 495,131 - - - - - 591,212 705,938 Dump Trucks (moved 1 DT to utility fund)- - - - 220,000 - - 270,108 311,538 F750 High Ranger Aerial Truck - - - - - - - 184,566 - 1995 Street 444G Front-End Loader - - - 179,259 - - - - - 1999 Parks 4500 Tractor - - - - - - 83,022 - - 500,000 495,131 - 179,259 220,000 - 83,022 1,045,886 1,017,476 OVERALL SHORTFALL (803,594)$ (628,067)$ (102,814)$ (213,385)$ (264,671)$ (37,136)$ (19,047)$ 616,716$ (369,177)$ NET CHANGE (803,594)$ (628,067)$ (102,814)$ (213,385)$ (264,671)$ (37,136)$ (19,047)$ 616,716$ (369,177)$ BEGINNING CASH BALANCE 1,305,198$ 1,305,198$ 677,131$ 574,316$ 360,931$ 96,261$ 59,125$ 59,125$ 675,840$ ENDING CASH BALANCE 501,604$ 677,131$ 574,316$ 360,931$ 96,261$ 59,125$ 40,078$ 675,840$ 306,664$ * CURRENT PLAN IS TO FINANCE FUTURE ENGINE PURCHASES, UNLESS POST 2023 DEBY LEVY FUNDING IS AVAILABLE CAPITAL EQUIPMENT 2019 - 2035 44 Fiscal Year 2019 2018 Est. Actual 2018 2019 2020 2021 2022 2023 2024-2029 2030-2035 Police Department Squads 83,160 83,174 85,655 86,058 90,871 93,598 94,037 636,883 760,471 Unmarked 29,561 29,515 - - 32,630 33,446 34,282 116,579 135,231 Retired to Other Services - 1,550 - 796 820 1,689 - 5,767 6,852 Technology 255,400 177,655 38,000 16,070 22,401 29,359 47,472 208,185 209,606 Specialty Equipment 12,448 10,207 22,172 12,396 15,110 6,636 17,273 98,304 120,858 Investigative Equipment 849 849 - 3,412 4,100 - - 9,815 13,098 General Equipment 15,141 10,218 552 4,265 586 14,176 18,329 59,488 94,031 TOTAL PD 396,559$ 313,169$ 146,380$ 122,996$ 166,518$ 178,903$ 211,394$ 1,135,020$ 1,340,147$ Fire Department Apparatus 500,000 495,131 - 90,000 - 46,897 - 705,850 768,964 Station Based Equipment - - - - - - - 15,103 62,966 Protective Gear 58,630 52,641 5,520 16,398 - 14,478 - 264,820 176,330 Technology 541 1,901 13,289 569 5,505 7,359 10,340 86,633 47,520 Protective Equipment/Tools 10,200 10,400 20,900 2,500 10,000 6,650 - 124,325 61,361 Office Furniture 8,021 4,295 1,987 9,098 - - 5,000 35,977 23,350 Debt Service Payments 10,963 10,963 65,600 69,100 67,450 65,800 64,150 785,458 1,132,553 TOTAL FD 588,356$ 575,332$ 107,297$ 187,664$ 82,955$ 141,184$ 79,490$ 2,018,165$ 2,273,045$ Administration/Finance Computer Hardware 13,050 1,500 5,330 930 26,850 15,655 825 62,609 55,263 Computer Software - 25,360 - - - - - 62,500 - Furniture and Equipment 8,920 8,920 15,834 - - - - 75,000 50,000 Council Chambers 81,894 81,894 1,932 1,990 10,000 9,652 5,000 16,000 17,971 TOTAL AF 103,864$ 117,674$ 23,096$ 2,920$ 36,850$ 25,307$ 5,825$ 216,109$ 123,234$ DEPARTMENTAL SUMMARIES 2019-2035 45 Fiscal Year 2019 2018 Est. Actual 2018 2019 2020 2021 2022 2023 2024-2029 2030-2035 DEPARTMENTAL SUMMARIES 2019-2035 PUBLIC WORKS Streets Department Fleet replacements - - 34,779 - 55,638 38,003 59,026 74,171 127,146 Plows/Dump trucks - - - - 220,000 - - 270,108 330,033 Heavy Equipment 6,623 2,500 6,788 186,217 7,132 7,310 7,493 265,732 56,896 Speciality Equipment 48,709 - 121,449 28,430 17,570 3,619 17,397 21,267 3,542 TOTAL 55,332$ 2,500$ 163,016$ 214,647$ 300,340$ 48,933$ 83,916$ 631,278$ 517,617$ Parks Department Fleet replacements - - - - 49,781 - - 103,894 55,938 Heavy Equipment 10,750 10,750 7,729 1,137 5,857 4,826 73,727 102,908 47,546 Mowers 9,201 - 9,753 62,546 18,571 45,744 - 30,571 138,567 Field Maintenance 500 500 - - 4,685 18,906 - 20,368 27,605 Rink Maintenance 216 6,002 2,539 - 586 - 12,029 5,020 20,909 Speciality Equipment 5,980 4,149 2,705 5,174 4,228 2,534 6,866 28,717 36,770 TOTAL 26,648$ 21,401$ 22,726$ 68,858$ 83,708$ 72,009$ 92,621$ 291,479$ 327,334$ TOTAL PW 81,979$ 23,901$ 185,742$ 283,505$ 384,048$ 120,942$ 176,538$ 922,757$ 844,951$ GRAND TOTAL 1,170,759$ 1,030,076$ 462,514$ 597,085$ 670,371$ 466,336$ 473,247$ 4,292,050$ 4,581,377$ 46 Fiscal Year 2019 SOURCES 2018 Est. Actual 2018 2019 2020 2021 2022 2023 2024-2029 2030-2035 Community Center Fund Transfer (1)90,185$ 90,185$ 90,000$ 90,000$ 90,000$ 110,000$ 110,000$ 684,000$ 796,000$ Reimbursement for Liquor Stores - - - - - 99,000 - 123,960 - Public Facilities Capital Levy (2)73,000 73,000 78,000 83,000 88,000 93,000 98,000 690,000 750,000 TOTAL 163,185$ 163,185$ 168,000$ 173,000$ 178,000$ 302,000$ 208,000$ 1,497,960$ 1,546,000$ USES City Hall/Community Center 22,500$ 26,371$ 109,000$ 177,100$ 180,000$ 27,500$ -$ 397,622$ 415,850$ Fire Station - - 12,000 - - 61,000 - 125,917 127,500 Public Works 16,500 10,202 12,000 - - 7,500 48,861 515,193 140,000 Park Shelters - 24,170 8,000 16,000 22,000 5,000 14,000 55,730 20,000 Liquor Stores - - - - - 99,000 - 123,960 - TOTAL 39,000$ 60,743$ 141,000$ 193,100$ 202,000$ 200,000$ 62,861$ 1,218,422$ 703,350$ NET CHANGE 124,185 102,442 27,000 (20,100) (24,000) 102,000 145,139 279,538 842,650 BEGINNING CASH BALANCE 249,911 249,911 352,353 379,353 359,253 335,253 437,253 437,253 716,791 ENDING CASH BALANCE 374,096$ 352,353$ 379,353$ 359,253$ 335,253$ 437,253$ 582,392$ 716,791$ 1,559,441$ (1) Community Center fund transfer increase coincides with increase in School District rent in 2022. (2) Additional Building Improvement Levy of $5,000 annually, beginning in 2019, ending in 2029. BUILDINGS IMPROVEMENT PLAN 2019 - 2035 47 Fiscal Year 2018 SOURCES 2018 Est. Actual 2018 2019 2020 2021 2022 2023 2024-2029 2030-2035 Bond Proceeds 2,634,494$ 2,634,494$ 1,150,000$ 1,765,000$ 2,062,000$ 2,400,000$ 1,834,000$ 15,968,000$ 1,722,775$ Road Improvement Levy 1,833,431 1,833,431 1,914,886 1,938,476 1,964,825 1,995,370 2,027,888 15,786,038 16,649,035 Prepaid Assessments 64,990 64,990 - 95,571 162,548 185,867 148,189 1,222,486 485,163 MSA Funds - not part of DLR - - - - - - 140,000 340,000 1,020,000 Grant Funding 25,000 25,000 - - - - 250,000 - - Debt Levy Reduction Funding 327,500 327,500 377,509 345,000 367,500 302,500 153,688 (480,080) - Miscellaneous - - - - - - - - - TOTAL 4,885,415$ 4,885,415$ 3,442,395$ 4,144,047$ 4,556,873$ 4,883,737$ 4,553,765$ 32,836,444$ 19,876,973$ USES Streets/Utilities Reconstruction (1)2,381,940$ 2,381,940$ 2,133,440$ 1,874,720$ 2,102,172$ 2,469,760$ 2,068,639$ 15,432,209 1,626,957 Mill and Overlays 60,700 60,700 40,100 - - - - - 1,722,775 Alleys - - - - 80,000 60,000 90,000 98,851 373,380 Sidewalks/Street Lights - - - - - - - - 2,181,592 Road Improvement debt 2,160,931 2,160,931 2,292,395 2,283,476 2,332,325 2,297,870 2,181,576 15,305,958 15,012,841 Miscellaneous - - - - - - - - - TOTAL 4,603,571$ 4,603,571$ 4,465,935$ 4,158,196$ 4,514,497$ 4,827,630$ 4,340,215$ 30,837,018$ 20,917,546$ NET CHANGE 281,844$ 281,844$ (1,023,540)$ (14,149)$ 42,376$ 56,107$ 213,550$ 1,999,426$ (1,040,573)$ BEGINNING ACTIVITY - - 281,844 (741,696) (755,845) (713,469) (657,362) (443,812) 1,555,614 CUMULATIVE ACTIVITY 281,844$ 281,844$ (741,696)$ (755,845)$ (713,469)$ (657,362)$ (443,812)$ 1,555,614$ 515,041$ STREETS IMPROVEMENT PLAN 2019 - 2035 48 Fiscal Year 2019 SOURCES 2018 Est. Actual 2018 2019 2020 2021 2022 2023 2024-2029 2030-2035 Interfund Loan collections (1)46,061 46,061 45,766 45,470 198,667 191,976 801,457 690,050 - Utility Fund Transfer (2)- - - - - - - 225,000 1,350,000 Connection fees - 8,500 8,500 85,000 17,000 - - - - Interest and other income 32,400 48,653 46,183 49,058 48,256 47,691 58,868 288,348 360,318 TOTAL 78,461$ 103,214$ 224,658$ 179,529$ 263,923$ 239,667$ 860,325$ 1,203,398$ 1,710,318$ USES Water Infrastructure (3)185,000 320,039 80,920 27,500 18,843 17,500 197,675 1,139,348 363,523 Water Equipment 101,948 106,110 2,492 186,422 38,791 905 1,933 66,946 104,544 Sewer Infrastructure 40,000 40,000 15,000 - - - - 25,000 60,000 Sewer Equipment (4)101,948 106,110 382,492 1,422 3,651 905 1,933 66,946 572,225 Fiber Infrastructure 100,000 66,787 33,213 - - 15,000 - 15,000 22,000 TOTAL 528,897$ 639,047$ 514,117$ 215,343$ 61,285$ 34,310$ 201,542$ 1,313,241$ 1,122,292$ NET CHANGE (450,436)$ (535,832)$ (289,460)$ (35,814)$ 202,638$ 205,357$ 658,784$ (109,843)$ 588,026$ BEGINNING CASH BALANCE 3,458,223 3,458,223 2,922,391 2,632,931 2,597,116 2,799,754 3,005,111 2,799,754 2,689,911 ENDING CASH BALANCE 3,007,787$ 2,922,391$ 2,632,931$ 2,597,116$ 2,799,754$ 3,005,111$ 3,663,895$ 2,689,911$ 3,277,937$ (1) Principal collection of $959,326 estimated to begin 2021. (2) Utility Fund Transfer available upon retirement of Water Bonds in 2024. (3) 2018 Budget assumed bonding the cost of Central Park Water re-use, using available funds. (4) Anticipates 50% equipment grant program by Water Management Organization. UTILITIES INFRASTRUCTURE 2019 - 2035 49 Fiscal Year 2019 SOURCES 2018 Est. Actual 2018 2019 2020 2021 2022 2023 2024-2029 2030-2035 Stormwater fees UB 201,393$ 201,700$ 205,734$ 209,849$ 214,046$ 218,327$ 222,693$ 1,271,683$ 1,284,400$ Partners -Silver Lake Mgmt plan 56,000 10,000 - - - - - - - Rice Creek Watershed District 180,987 148,307 - - - - - - - Ramsey county - Mirrior Lake 8,960 8,960 - - - - - - - Bond Proceeds (1)75,000 293,700 - - - - - - Grants-Silver Lake Rd Flooding 500,000 Grants-Industrial Park Flooding - - 250,000 - - - - - - Grant-Equipment - - - 110,000 - - - - 175,000 Interest 2,000 2,000 2,750 3,250 3,500 3,500 3,500 48,000 76,750 TOTAL 524,340$ 370,967$ 1,252,184$ 323,099$ 217,546$ 221,827$ 226,193$ 1,319,683$ 1,536,150$ USES Stormwater Maintenance 2,040$ -$ -$ -$ 50,000$ -$ -$ 245,000$ 190,000$ Flood Improvements 346,939 327,209 1,002,000 - - - - - - Water Quality 96,640 38,250 31,530 272,314 48,339 49,809 81,329 417,863 857,083 Mandates 6,558 7,836 8,100 8,260 8,422 8,587 8,755 66,205 63,020 Annual Reconstruction 95,000 95,000 85,000 85,000 85,000 95,000 105,000 225,000 - TOTAL 547,176 468,295 1,126,630 365,574 191,761 153,397 195,084 954,068 1,110,103 NET CHANGE (22,836)$ (97,328)$ 125,554$ (42,476)$ 25,784$ 68,430$ 31,109$ 365,615$ 426,047$ BEGINNING CASH BALANCE 164,871 164,871 67,543 193,097 150,622 176,406 244,836 176,406 542,021 ENDING CASH BALANCE 142,035$ 67,543$ 193,097$ 150,622$ 176,406$ 244,836$ 275,946$ 542,021$ 968,068$ STORMWATER 2019 - 2035 50 Fiscal Year 2019 2018 Est. Actual 2018 2019 2020 2021 2022 2023 2024-2029 2030-2035 SOURCES Park Dedication Fees (1)1,500$ 1,500$ 1,500$ 25,000$ 7,500$ 1,500$ 1,500$ 9,000$ 9,000$ Donations - - - - - - - - - Micellaneous Income 1,136 1,136 725 800 850 900 900 5,795 5,853 TOTAL 2,636$ 2,636$ 2,225$ 25,800$ 8,350$ 2,400$ 2,400$ 14,795$ 14,853$ USES Central Park 42,966 3,385 4,150 30,000 - - - 63,000 - Emerald Park 37,662 1,100 5,000 30,000 - - - - - Salo Park - - - - - - - - - Silver Point Park 4,438 300 3,434 43,000 - - - - - Trillium Park - - - - - - - - - Water Tower Park 2,591 - 2,505 - - - - - - TOTAL 87,656 4,785 15,089 103,000 - - - 63,000 - NET CHANGE (85,020)$ (2,149)$ (12,864)$ (77,200)$ 8,350$ 2,400$ 2,400$ (48,205)$ 14,853$ BEGINNING CASH BALANCE 135,360 135,360 133,211 120,347 43,147 51,497 53,897 53,897 5,692 ENDING CASH BALANCE 50,340$ 133,211$ 120,347$ 43,147$ 51,497$ 53,897$ 56,297$ 5,692$ 20,545$ (1) Estimated dedication fee per year. PARK IMPROVEMENT 2019 - 2035 51 THIS PAGE LEFT INTENTIONALLY BLANK 52 •Street Improvements •Tax Abatement and Lease Revenue DEBT SERVICE FUNDS 53 Fiscal Year 2018 - 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 2017 DS Fund Combined Budget 503/345 365 512 514 516 518 520 522 524 526 528 530 2018 REVENUES STREET IMPROVEMENT LEVY, LESS DLR 527,775 153,043 147,611 91,421 110,939 135,871 73,241 140,814 144,293 104,682 186,506 - 1,816,196$ SPECIAL ASSESSMENTS 91,453 - 16,942 3,938 18,746 36,810 16,350 36,099 46,586 33,650 39,401 186,060 526,035 INVESTMENT INCOME 10,250 875 800 825 1,875 1,760 1,525 1,025 1,900 850 675 425 22,785 OTHER - - - - - - - - - - - - - TOTAL REVENUES 629,478$ 153,918$ 165,353$ 96,184$ 131,560$ 174,441$ 91,116$ 177,938$ 192,779$ 139,182$ 226,582$ 186,485$ 2,365,016$ EXPENDITURES DEBT SERVICE: PRINCIPAL 860,000 140,000 160,000 85,000 120,000 135,000 115,000 130,000 155,000 85,000 - - 1,985,000 INTEREST 59,607 22,825 46,493 28,299 47,600 37,262 26,320 47,830 54,863 30,388 93,817 - 495,303 PAYING AGENT FEES 2,500 450 250 400 250 150 550 450 450 450 - 475 6,375 PROFESSIONAL SERVICE 3,000 250 200 150 125 150 150 150 150 150 - - 4,475 TOTAL EXPENDITURES 925,107 163,525 206,943 113,849 167,975 172,562 142,020 178,430 210,463 115,988 93,817 475 2,491,153 REVENUES OVER (UNDER) EXPENDITURES (295,629)$ (9,607)$ (41,590)$ (17,665)$ (36,415)$ 1,879$ (50,904)$ (492)$ (17,684)$ 23,194$ 132,765$ 186,010$ (126,137)$ OTHER FINANCING SOURCES (USES) CAPITALIZED INTEREST - - - - - - - - - - - 64,907 64,907 PROJECT SAVINGS TRANSFERED IN - - - - - - - - - - 128,500 - 128,500 DLR TRANSFERS IN 158,963 10,000 24,037 20,000 30,000 35,000 - 10,000 10,000 - - - 298,000 TOTAL OTHER FINANCING SOURCES 158,963 10,000 24,037 20,000 30,000 35,000 - 10,000 10,000 - 128,500 64,907 491,407 NET CHANGE IN FUND BALANCE (136,666)$ 393$ (17,553)$ 2,335$ (6,415)$ 36,879$ (50,904)$ 9,508$ (7,684)$ 23,194$ 261,265$ 250,917$ 365,270$ EST. FUND BALANCE - JANUARY 1 2018 1,671,932$ 171,613$ 149,823$ 155,410$ 391,442$ 334,930$ 359,721$ 197,322$ 399,174$ 141,349$ 97,285$ -$ 4,070,001$ EST. FUND BALANCE - DECEMBER 31 2018 1,535,267$ 172,006$ 132,270$ 157,745$ 385,027$ 371,809$ 308,817$ 206,830$ 391,491$ 164,543$ 358,550$ 250,917$ 4,435,271$ 1) Deby Levy Reduction plan calls for use of Fund Balance STREET IMPROVEMENT DEBT SERVICE FUNDS 54 Fiscal Year 2019 - 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 2018 DS Fund Combined Est. Budget 503/345 365 512 514 516 518 520 522 524 526 528 530 2019 REVENUES STREET IMPROVEMENT LEVY, LESS DLR 410,601$ 149,806$ 161,549$ 96,624$ 124,870$ 125,642$ 83,524$ 146,548$ 139,537$ 104,742$ 191,594$ 179,849$ 1,914,886$ SPECIAL ASSESSMENTS 32,900 - 18,158 4,849 12,207 28,197 15,916 21,382 22,044 13,626 32,793 55,800 257,872 INVESTMENT INCOME 15,747 1,933 1,593 1,838 4,363 4,187 3,328 2,393 4,273 1,891 4,144 3,607 49,295 OTHER - - - - - - - - - - - - - TOTAL REVENUES 459,248 151,739 181,300 103,312 141,440 158,026 102,768 170,323 165,854 120,259 228,531 239,256 2,222,053 EXPENDITURES DEBT SERVICE: PRINCIPAL 875,000 145,000 150,000 90,000 125,000 155,000 115,000 130,000 160,000 90,000 145,000 - 2,180,000 INTEREST 44,057 20,025 33,600 25,780 43,768 34,512 25,285 45,230 51,713 28,637 75,825 110,544 538,976 PAYING AGENT FEES 2,500 450 250 400 250 150 550 450 450 450 - - 5,900 PROFESSIONAL SERVICE 3,000 250 3,250 150 125 150 150 150 150 150 150 150 7,825 TOTAL EXPENDITURES 924,557 165,725 187,100 116,330 169,143 189,812 140,985 175,830 212,313 119,237 220,975 110,694 2,732,701 REVENUES OVER (UNDER) EXPENDITURES (465,309)$ (13,986)$ (5,800)$ (13,018)$ (27,703)$ (31,786)$ (38,217)$ (5,507)$ (46,459)$ 1,022$ 7,556$ 128,562$ (510,647)$ (1) OTHER FINANCING SOURCES (USES) CAPITALIZED INTEREST - - - - - - - - - - - - - PROJECT SAVINGS TRANSFERED IN - - - - - - - - - - - - - DLR TRANSFERS IN 140,500 7,000 18,000 18,000 18,000 18,000 - 9,000 9,000 - - - 237,500 TOTAL OTHER FINANCING SOURCES 140,500 7,000 18,000 18,000 18,000 18,000 - 9,000 9,000 - - - 237,500 NET CHANGE IN FUND BALANCE (324,809)$ (6,986)$ 12,200$ 4,982$ (9,703)$ (13,786)$ (38,217)$ 3,493$ (37,459)$ 1,022$ 7,556$ 128,562$ (273,147)$ FUND BALANCE - JANUARY 1 2019 1,535,267 172,006 132,270 157,745 385,027 371,809 308,817 206,830 391,491 164,543 358,550 250,917 4,435,271 EST. FUND BALANCE - DECEMBER 31 2019 1,210,457$ 165,020$ 144,470$ 162,727$ 375,324$ 358,023$ 270,600$ 210,323$ 354,031$ 165,565$ 366,106$ 379,479$ 4,162,124$ 1) Deby Levy Reduction plan called for use of Fund Balance STREET IMPROVEMENT DEBT SERVICE FUNDS 55 Fiscal Year 2018 - Estimated Actual EMERALD PARK HISP / MIRROR LAKE 502 536 502/536 311 REVENUES TAX ABATEMENT/ LEASE REVENUE LEVY 121,952$ 102,954$ 224,906$ 341,707$ (1) ISD DEBT CONTRIBUTION - - - - INVESTMENT INCOME 1,250 - - 3,000 OTHER / BOND PROCEEDS - - - - TOTAL REVENUES 123,202$ 102,954$ 224,906$ 344,707$ EXPENDITURES DEBT SERVICE: PRINCIPAL 95,000 85,000 180,000 325,000 INTEREST 28,704 15,250 43,954 49,090 PAYING AGENT FEES 200 450 650 200 PROFESSIONAL SERVICE 130 250 380 500 TOTAL EXPENDITURES 124,034 100,950 224,984 374,790 REVENUES OVER (UNDER) EXPENDITURES (832)$ 2,004$ (78)$ (30,083)$ OTHER FINANCING SOURCES (USES) BOND PREMIUM / ISSUANCE COSTS - - - - TRANSFERS IN - - - - TOTAL OTHER FINANCING SOURCES - - - - NET CHANGE IN FUND BALANCE (832)$ 2,004$ 1,172$ (30,083)$ EST. FUND BALANCE - JANUARY 1 2018 385,939$ 650,205$ EST. FUND BALANCE - DECEMBER 31 2018 387,111$ 620,122$ 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 2019 - Budget EMERALD PARK HISP / MIRROR LAKE 502 536 502/536 311 REVENUES TAX ABATEMENT/ LEASE REVENUE LEVY 120,068$ 102,585$ 222,653$ 343,347$ (1) ISD DEBT CONTRIBUTION - - - - INVESTMENT INCOME 2,675 2,675 5,350 9,000 OTHER- HISP GRANT - - - - TOTAL REVENUES 122,743$ 105,260$ 228,003$ 352,347$ EXPENDITURES DEBT SERVICE: PRINCIPAL 95,000 85,000 180,000 335,000 INTEREST 20,775 13,550 34,325 42,490 PAYING AGENT FEES 115 450 565 200 PROFESSIONAL SERVICE 250 250 500 500 TOTAL EXPENDITURES 116,140 99,250 215,390 378,190 REVENUES OVER (UNDER) EXPENDITURES 6,603$ 6,010$ 12,613$ (25,843)$ OTHER FINANCING SOURCES (USES) CAPITALIZED INTEREST - - - - TRANSFERS IN - - - - TOTAL OTHER FINANCING SOURCES - - - - NET CHANGE IN FUND BALANCE 6,603$ 6,010$ 12,613$ (25,843)$ EST. FUND BALANCE - JANUARY 1 2018 387,111$ 620,122$ EST. FUND BALANCE - DECEMBER 31 2018 399,724$ 594,279$ 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 2019 Budget (Significant Steps) January 11 & 12, 2018 Goal Setting, Financial Management and Planning. March 26, 2018 Council work session to review existing infrastructure improvement schedule and 2019 Debt levy May 8, 2018: Public Hearing/Provide Residents with an Opportunity to have input in the budget process. May - June: City Manager & Staff Meetings to discuss: » Discussion on 2019 Operating Budget » Evaluating 5-Year Capital Equipment needs. August 20, 2018: Council work session to review revised infrastructure improvement schedule and preliminary 2019 Budget & Property Tax Levy. August 28, 2018: Presentation of Proposed 2019 Budget & Preliminary Property Tax Levy to the City Council. September 11, 2018: Public Hearing to pass resolution setting the Preliminary 2019 Budget and Property Tax Levy September – December: City Manager & Staff meet to confirm parameters and estimates used in budget process. October 23, 2018: Capital Funds 2019-2035 Budgets reviewed at work session. December 11, 2018: Presentation of 2019 Budget and Final Property Tax Levy with Public Input: » Approving the Final 2019 Budget and Property Tax Levy » Adoption of 2019 Budget and Property Tax Levy 60 AVERAGE HOME VALUATION = $292,000 ANNUAL BUDGET TAXES =$1,165.80 ROAD LEVY TAXES = $516.26 PUBLIC FACILITIES - P/W & FIRE $92.57 TAX ABATEMENT $60.03 CAPITAL IMPROVEMENTS $90.64 TOTAL CITY PROPERTY TAXES = $1,925.30 2019 TAX LEVY % OF TAXES EXPENDITURES BUDGET EXPENDITURES BUDGET PAID Mayor / Council 84,835$ 69,849$ 1.62%18.83$ Cable Franchise 47,808 - 0.00%- General Management 138,456 113,997 2.64%30.73 Elections 24,400 20,090 0.46%5.42 Financial / HR Services 394,493 197,366 4.56%53.22 Assessing 69,225 56,996 1.32%15.37 Legal 116,500 74,500 1.72%20.09 Planning / Zoning 74,729 61,528 1.42%16.59 City Buildings 212,157 174,679 4.04%47.09 Emergency Management 80,424 66,217 1.53%17.85 Police Protection 2,582,092 1,694,749 39.19%456.91 Lauderdale Contract 713,204 - 0.00%- Dare Education 14,500 - 0.00%- Fire Protection 1,124,700 848,744 19.63%228.84 Inspections, Building/Plumbing/Heating/Health 108,140 - 0.00%- Animal Control - - 0.00%- Public Works 967,276 549,637 12.71%148.18 Parks 312,093 256,961 5.94%69.28 Other Expenditures (operating transfers)138,800 138,800 3.21%37.42 GENERAL FUND TOTAL EXPENDITURES 7,203,832$ 4,324,113$ 100.00%$1,165.80 ROAD LEVY 1,914,886$ $516.26 PUBLIC FACILITIES - P/W & FIRE 343,347$ $92.57 TAX ABATEMENT 222,653$ $60.03 CIP LEVY 336,200$ $90.64 TOTAL LEVY 7,141,199$ $1,925.30 How are my taxes used? - 2019 61 Positions From To Elected Officials Mayor NA 8,700$ Mayor – Pro Tem NA 7,956$ Council Member NA 7,200$ City Manager NA 160,000$ Departmental Directors and Chiefs 111,008$ 124,190$ Departmental Assistants 80,263$ 108,112$ Senior Fire and Police 89,825$ 100,355$ All Other Full-time Employees: Union Fire Fighter 68,143$ 77,746$ Police - Patrol / Sergeant 68,048$ 91,442$ Public Works / Mechanic 53,825$ 66,200$ Non-Union Finance 45,273$ 67,317$ Liquor 27,974$ 74,140$ Police 39,880$ 68,770$ Part-time Employees: From To Volunteer Firefighters 13.30$ 15.52$ Code Enforcement Officers 19.62$ 20.50$ Liquor Clerks 12.81$ 16.55$ 2019 Salary Range 2019 Hourly Rate 62 The audited Funds discussed below had a cumulative fund balance of $39,959,332 at 12/31/2017. A review of those funds and a description of their intended sources and uses for budget years 2018 and 2019 are as follows: General Fund (101) – $2,400,114 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) – $20,325 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) – $30,539 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) – $5,170 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) – $429,749 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) – $48,933 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) – $650,205 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) – $4,446,862 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) – $385,940 This fund supports the bond payments for the Tax Abatement Bonds issued in 2009 for Park Improvements and Tax Abatement Bonds issued in 2016 for sidewalk and intersections safety improvements. The 2009 bonds will be retired in 2025, eliminating the remaining annual debt service requirements of approximately $175,000. The 2016 bonds will be retired in 2026, eliminating the remaining annual debt service requirements of approximately $98,000. Revolving Fund (509) – $341,201 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) – $250,210 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) – $4,070,101 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) – $111,549 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) – $53,176 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) – $15,998,867 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) – $2,097,646 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) – $7,777,948 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) – $105,953 (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 2017 totaled $658,341. 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 12/31/2018 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 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 policy 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 manage the City’s revenue sources to provide maximum service value to the community. Certain 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 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 include an 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 for fiscal management. Investment returns on funds not immediately required can provide revenue for the City. Investment policies must be 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 fundamental 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 various investment security brokers and qualifying banks. The qualifying bank or broker must have an established reputation 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 broker. The investment portfolio of the City shall be structured to invest in allowable instruments that at a minimum that equal the return on three month U.S. Treasury bills at time of investment, 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 and Financial contractual services along with Fire Relief State Aid passed through to the Saint Anthony Fire Relief Association. Since the City receives payments for these services and State aid, there are no reserves deemed necessary for these expenditures. 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 a revenue source available to the City. Debt as a mechanism, allows capital improvements to advance when needed. Financing 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. 2. The City will not use long-term debt for current operations. 74 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 that 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. IX. RISK MANAGEMENT A comprehensive risk management plan seeks to manage the risks of loss encountered in the operations of an organization. Risk management involves such key components as risk avoidance, risk reduction, risk 75 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 2019 Levy Year 60 61 62 63 64 2018 2019street 2020 Street 2021 2022 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 - 226,977 226,899 221,025 225,157 223,441 226,430 223,537 109,589 $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 - 2013B 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 528 189,734 191,592 193,296 189,591 191,136 192,523 193,753 189,575 190,647 191,562 192,320 192,919 193,362 193,646 193,774 $2,610,000 - 2018A 530 179,849 180,959 181,585 177,298 177,998 178,467 178,737 178,797 180,484 176,764 178,294 179,666 180,382 180,927 181,302 Total Levy 1,500,755 1,577,184 1,791,659 1,939,225 2,130,768 2,154,706 2,236,431 2,292,395 2,175,786 2,072,428 1,853,442 1,684,191 1,511,772 1,321,640 1,207,676 1,067,068 933,237 815,971 661,181 479,785 374,701 181,302 - - - - - - - 2019 Road Improvements Bonds $1,150,000 - 2019A 2019A 107,690 107,690 107,690 107,690 107,690 107,690 107,690 107,690 107,690 107,690 107,690 107,690 107,690 107,690 107,690 2020-2027 Road Improvements Bonds $1,765,000 - 2020A 2020A 152,207 152,207 152,207 152,207 152,207 152,207 152,207 152,207 152,207 152,207 152,207 152,207 152,207 152,207 152,207 $2,062,000 - 2021A 2021A 184,531 184,531 184,531 184,531 184,531 184,531 184,531 184,531 184,531 184,531 184,531 184,531 184,531 184,531 184,531 $2,400,000 - 2022A 2022A 202,957 202,957 202,957 202,957 202,957 202,957 202,957 202,957 202,957 202,957 202,957 202,957 202,957 202,957 202,957 $1,834,000 - 2023A 2023A 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 157,514 $2,364,000 - 2024A 2024A 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 204,497 $2,428,000 - 2025A 2025A 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 215,083 $2,628,000 - 2026A 2026A 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 233,993 $2,787,000 - 2027A 2027A 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 245,924 $2,889,000 - 2029A 2029A 252,162 252,681 252,681 252,681 252,681 252,681 252,681 252,681 252,681 252,681 252,681 $2,872,000 - 2031A 2031A 252,162 252,162 252,162 252,162 252,162 252,162 252,162 252,162 252,162 2030-2032 Mill/Overlays, Sidewalks and Street Lighting $680,000 - 2028A 2028 62,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 62,477 $544,000 - 2030A 2030 34,619 34,619 34,619 34,619 34,619 34,619 34,619 34,619 34,619 34,619 $461,000 - 2032A 2032 38,661 49,216 49,216 49,216 49,216 49,216 49,216 49,216 $814,000 - 2033A 2033 68,215 68,215 68,215 68,215 68,215 68,215 68,215 Additional levy - - - - - - - - 107,690 259,897 444,428 647,384 804,899 1,009,396 1,224,478 1,458,472 1,704,396 1,766,873 2,019,035 2,054,173 2,306,335 2,344,996 2,423,766 2,316,076 2,163,869 1,979,339 1,776,382 1,618,867 1,414,371 Road levy before debt reduction 1,500,755 1,577,184 1,791,659 1,939,225 2,130,768 2,154,706 2,236,431 2,292,395 2,283,476 2,332,325 2,297,870 2,331,576 2,316,671 2,331,036 2,432,155 2,525,540 2,637,632 2,582,844 2,680,216 2,533,958 2,681,036 2,526,298 2,423,766 2,316,076 2,163,869 1,979,339 1,776,382 1,618,867 1,414,371 Stormwater Utilty (25,000) (170,000) (150,000) (95,000) (85,000) (85,000) (85,000) (95,000) (105,000) - - - - - - - - - - - - - - - - MSA Advance (7,500) (25,000) (85,000) (168,000) (152,500) (140,000) (120,000) (3,688) Excess Bond Balance/Project Savings (115,000) (101,921) (92,500) (140,000) (140,009) (120,000) (162,500) (207,500) (120,000) Conduit Fee (15,079) Public Facilities/Abatement Excess (5,000) (35,000) (55,000) (60,000) (65,000) (70,000) (75,000) (80,000) Infrastructure Levy (75,000) 55,873 178,534 173,806 80,421 (31,671) 23,117 (74,255) Road improvement levy 1,500,755 1,577,184 1,776,580 1,791,725 1,828,847 1,792,206 1,778,431 1,854,886 1,873,476 1,894,825 1,920,370 1,947,888 2,372,544 2,509,570 2,605,961 2,605,961 2,605,961 2,605,961 2,605,961 2,533,958 2,681,036 2,526,298 2,423,766 2,316,076 2,163,869 1,979,339 1,776,382 1,618,867 1,414,371 % Increase in Road levy 5.09%12.64%0.85%2.07%-2.00%-0.77%4.30%1.00%1.14%1.35%1.43%21.80%5.78%3.84%0.00%0.00%0.00%0.00%-2.76%5.80%-5.77%-4.06%-4.44%-6.57%-8.53%-10.25%-8.87%-12.63% $ Increase in Road levy 76,429 199,396 15,145 37,122 (36,641) (13,775) 76,455 18,590 21,349 25,545 27,518 424,656 137,026 96,391 0 0 (0) 0 (72,003) 147,078 (154,738) (102,532) (107,690) (152,207) (184,531) (202,957) (157,514) (204,497) 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 2,405,743 2,480,886 2,508,453 2,538,307 2,571,691 2,605,959 2,605,959 2,605,960 2,605,961 2,605,961 2,605,961 2,605,961 2,605,961 2,533,958 2,681,036 2,526,298 2,423,766 2,316,076 2,163,869 1,979,339 1,776,382 1,618,867 1,414,371 0 1 1 0 0 (0) 0 (72,003) Total levied debt before reduction 2,059,923 2,102,861 2,321,146 2,475,244 2,673,202 2,775,790 2,863,743 2,918,395 2,918,453 2,975,807 2,949,191 2,989,647 2,550,086 2,427,426 2,432,155 2,525,540 2,637,632 2,582,844 2,680,216 2,533,958 2,681,036 2,526,298 2,423,766 2,316,076 2,163,869 1,979,339 1,776,382 1,618,867 1,414,371 % Increase in Debt Levied 2.08%9.66%0.94%1.87%1.77%-0.31%3.12%1.11%1.19%1.32%1.33%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-2.76%5.80%-5.77%-4.06%-4.44%-6.57%-8.53%-10.25%-8.87%-12.63% % Increase in Debt Scheduled to be levied 2.08%10.38%6.64%8.00%3.84%3.17%1.91%0.00%1.97%-0.89%1.37%-14.70%-4.81%0.19%3.84%4.44%-2.08%3.77%-5.46%5.80%-5.77%-4.06%-4.44%-6.57%-8.53%-10.25%-8.87%-12.63% $ Increase in levied Debt 42,939 203,205 21,678 43,537 42,009 (7,547) 75,143 27,567 29,854 33,384 34,268 0 0 1 0 0 (0) 0 (72,003) 147,078 (154,738) (102,532) (107,690) (152,207) (184,531) (202,957) (157,514) (204,497) EXHIBIT A 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 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 Z:\Budget 2019\Budget Pages\Exhbit A 1/3/2019 77