HomeMy WebLinkAbout20081201 - VII-01VII-1
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Final 2009 City Budget
TruYt~h In Taxation Public Hearing
December 1, 2QQ8
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2002 2003 2004 2005 2006 2007 2008 2009
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Com a rison of
Costs for
Operational New Services Total Adopted I
Casts and building 2009 Budget
in 2009 needs ! Budget 2008 Change
Salades and benefits $ 1D,851,033 ; $ 1D,851,033 $ U,245,008 $ 606,025
Charges forservices 4y07,491 30
0,000 ! 5,207,497 4,796,388 4MD3
Supplies 1,004,734 _
7,004,734 941,364 63,370
Miscellaneous 773,200 773200 762,363 10,837 i
Ope2tingtransfers 3,456 75,000 ~ 78,456 3,456 75,000 ~
Total operatlng budget 77539,914 375,000 ~ 17,914,9M 16,748,579 1,166,335
Capital 562,954 939,000 ; 1,501,954 7,7'8,718 (208,764)'
Debt 6,M9,758 26,000 ; 6,175,758 5,741,873 433,885
ERF transfers 792,534 55,500 ; 848,034 7,86250 -258216;
Total non operatingbudget 7,505246 1,020,500 8,525,746 8,558,841 (33,095);
TOTAL BUDGET $ 25,045,160 $ 1,395,500 , $ 26,440,660 $ 25,307,420 $ 1,A3,240 i
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s X009 Hi~hlig~ts ~ ° '` ' ' `
2 police squads _. t ~ " -'~, .--° f~ ,. '!
Replacement of dump truck-streets dept.
Building.faciiities: City hall roof,,exhaust stack at the police building,
wallpaper and carpet at`the fire hall, replacement of 15 doors at the
arena.
^ Flusher truck to be shared between Parks & Streets
^ Fire Equipment
^ Tile project at the aquatic center
Basketball court at Eagle Bluff park
IT initiative of vitalizing two servers-added data storage and backup
capabilities
Painting of water tank on 4th street
Replace East Hastings lift station
^ Dewatering of the Hydro plant
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Equipment Replacement Fund (ERF)
'. ERF funds were started many years ago. To encourage planning for
large pieces of equipment.
Departments have expanded this concept to include infrastructure
needs such as a roof replacement planned in 2009 and enhancements
to a facility such as the arena. Floor was replaced in 2008.
Apiece of equipment/or project with a price tag of $500,000 is difficult
to allocate in one budget cycle. ERF savings account are set up and
over a 2,3 or 5 year time period budget dollars are allocated in each of
the budget years to get to the total amount needed by the time the
equipment needs replacing. In years 1-4 $100,000 is allocated in the
budget and placed in an ERF account. In year 5 the project is
allocated in the budget at $500,000 with $400,000 coming from the
savings account. Year 5's budget needs an allocation of $100,000
versus $500,000.
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20Q9 ERF Allocations -
$5,000 Elections- voting equipment-2010
2,500 Finance-software enhancements-2010
17,200 IT-phone systems-2010
^ $5,000 Police-metro radio system/contingency
$15,000 Engineering-contingency
$300,000 Fire-ladder truck-2010
^ $110,000 Facilities-building maintenance-2010-2012
^ $15,000 Pool-contingency
^ $87,500 Parks-improvements
^ $5,000 Arena-contingency
$40,500 Hwy 61 bridge-contingency
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Monthly costs for city "se~i~ii~ce~`.
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2008 2009 Changes
. Public Safety $28.90 $30.89 1.99
Debt 21.15 19.14 -2.01
. Parks & Rec. 10.80 9.15 -1.65
. Administration 10.93 11.89 .96
. Public Works 10.80 11.35 .55
Total $82.58 $82.42 -.16-
Based on a have value of 5200.000.00 vAtli ra change In value hom year to year.
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Proposed tax
es. for~R
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Homestead property
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Same MV 2OD9Tax
Market Va/ue 2008 ZDO9 Tax C~ -I.79%
Tax Decrease
$ 200,000 991.00 989. 972
Decrease of$2 Decrease of $19
$ 250,000 1,238 1,237 1,215
Decrease of $1 Decrease of 23.
$ 300,000 1,486 1,484 1,458
Decrease of $2 Decrease of $28
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Levy Limit: - ,
.Levy Limit- $11,658,694
• City's 09 Levy - $11,581,472
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. Raising the levy to the state imposed
levy limit would have increased taxes by
$7.00 on a $200,000 home.
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Next steps:
. Receive citizens comments.
• Adopt a final budget at the next
meeting, December 15, 2008.
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