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5.3. SR 11-08-2010Item # 5.3. .M ,r.a ~~~ ~~~ MEMORANDUM TO: Mayor and City Council FROM: Lori Johnson, City Administrator DATE: November 8, 2010 SUBJECT: Budget On December 6 public input will be taken on the budget and tax levy following a presentation to the public. The Council reviewed the budget last in September prior to approving the preliminary tax levy. The budget was not balanced at that time as several items needed further discussion. In order to prepare for the December 6 meeting, the outstanding items should be resolved to present a balanced budget. Also, two of the enterprise budgets will be presented at this meeting as outlined in Finance Director Tim Simon's attached memo. As you may recall, there were several decisions made by the Council that have a major impact on the budget such as not including Local Government Aid (LGA) in the budget because of the uncertainty of actually getting the aid from the State. Additionally, the proposed budget includes the use of $325,000 of fund balance. That amount could be increased slightly to balance the budget with the understanding that the fund balance is in place to meet cash flow needs until tax revenue is received in late June. Attached is a summary of the budget as it currently stands along with several proposed changes. Including the proposed staff adjustments, the budget deficit increased from $196,400 to $205,000. Detail on the adjustments is included in the attachment. As we have discussed previously, one way to eliminate the deficit is to delay as many of the capital outlay purchases as possible until LGA is received. The $686,800 of LGA will eliminate the deficit in full if it is all received. The second attachment is a list of capital outlay currently included in the General Fund. Of the $322,650 requested, $188,900 could be delayed until LGA is received. This leaves a shortfall of $16,100. This could be funded through additional use of available fund balance. In conclusion, I am requesting direction from the Council on whether you agree with the concept of delaying capital outlay and using fund balance as stated above to present a balanced budget on December 6. Additionally, there are two minor items, council N:\Public Bodies\City Council\Loxi\2010\Budget Memo 11 8 10 2'.docx computers and volunteer recognition, that the Council wanted to contemplate following the September meeting. A decision on those items is requested to finalize the budget. N:\Public Bodies\City Council\Loxi\2010\Budget Memo 11 8 10 2'.docx 2011 General Fund Budget Summary November 5, 2010 Revenues Draft Budget Adjustments: State Grants -Police Tax levy transfer from Library Engineering Charges fox Service Fire Calls Subtotal Adjustments Revised Revenue Budget Expenditures Draft Budget Adjustments: Fuel cost reduction Overtime for snow removal Delay eng. Tech until April 1 Engineering dept adjustments Fire Relief required contribution Street plow transferred to Fleet Pinewood transfer Duty officer program Purchase Ice Arena vessels in 2010 Engineering reclassification of personal service Fire equipment -thermal imaging camera Senior Center copier lease Subtotal Adjustments Revised Expenditure Budget Budget Balance Use of Fund Balance Budget Balance Other Items Capital Outlay included in budget LGA not included in budget Duty officer program Purchase Ice Arena vessels in 2010 Council Computers Volunteer recognition $ 22,000 2,600 (20,450) 17,200 (2,950) 1,200 8,500 (8,850) (7,350) Council As Presented Approved Staff September 7 Adjustments Adjustments** Comments $ 11,838,700 99,100 Offset by expenditure 4,000 Omitted in error 24,600 103,100 12,390,400 23,500 (16,500) 99,100 Offset by revenue 11,100 Unexpected equip failure 1,500 Unexpected equip failure (12,700) (5,700) 111,700 12,377,700 12,384,700 12,496,400 (514,400) (521,400) (530,000) 325,000 325,000 325,000 (189,400) (196,400) (205,000) 320,400 311,550 322,650 686,800 686,800 686,800 23,500 approved -16,500 approved -7,500 3,000 * Council adjustment approved on or before September 13, 2010. ** Staff adjustments proposed for November 8, 2010, discussion. 2011 General Fund Capital Outlay Requested Department Delay until Department Item Amount Total Receipt of LGA Human Resources TOP Software/implementation $ 4,450 $ 4,450 Incode Kronos interface/maintenance 2,750 2,750 KRONOS software 75,000 75,000 Incode Personnel Management Systems 15,000 15,000 97,200 Fire Confined Space Rescue Equipment 20,000 Thermal Imaging Camera 11,100 31,100 Emergency Mgmt Siren 16,000 Outdoor Warning Siren Radio Board Upgrade 55,750 71,750 IT In Squad video upgrade 20,000 Laserfiche Upgrade 13,000 13,000 Virtualization payment 10,900 SQL Server upgrade 26,000 26,000 69,900 Streets/Snow removal Bobcat lease 4,000 4,000 4,000 Senior Center Database management system 8,700 8,700 Replace carpeting 40,000 40,000 48,700 Total General Fund $ 322,650 $ 322,650 188,900 Budget Deficit 205,000 Difference $ 16,100 Updated November 5, 2010