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9.1. SR 08-19-2019 Eclty1� ,.,�� Request for Action River To Item Number Mayor and City Council 9.1 Agenda Section Meeting Date Prepared by Work Session August 19, 2019 Lori Ziemer, Finance Director Item Description Reviewed by 2020 Budget Cal Portner, City Administrator Reviewed by Action Requested Continue 2020 budget discussion. Background/Discussion After the budget review meetings with departments on July 29, the General Fund budget was $17,451,200 and the initial preliminary property tax levy was $13,555,055. The General Fund budget and preliminary levy were reduced $367,000 during the August 5 work session by eliminating$260,500 capital outlay items and transferring$106,500 of personal services to the multi- purpose facility budget for 2020. Due to recent personnel vacancies and the elimination of the planning intern, $60,600 of additional savings can be realized in the General Fund budget/levy. In addition, the elimination of the Government Building Reserve levy of$21,685 will create an additional total savings of$82,285 to the preliminary levy for 2020. The above mentioned adjustments bring the General Fund budget to $17,023,600,which is a 4.9% increase over 2019. The preliminary tax levy is decreased from $13,555,055 to $13,105,770,which is a 9.8% increase. Other items for consideration that are not reflected in the 2020 budget or levy based on council discussions or requests include: ■ Elk RiverFest- $25,000 excess expenses over revenues based on 2019 + $10,000 additional July 41h expenses ■ Council security- $6,000 additional police overtime ■ Downtown watering of plant hangers on light poles - $8,000 additional parks staffing The Mayor has proposed the following adjustments to the preliminary tax levy: ■ $32,900—Investigative Assistant start 7/1/2020 ■ $64,000—Phased retirement put off until 2021 ■ $150,000—Decrease 2010 GO Public Safety Bldg. Bond levy (no 2020 sinking fund allocation) ■ $100,000—Transfer in to General Fund from Capital Outlay Reserves The Elk River Vision A PehoMing community 2a itb revolutionary and spirited resourcefulness, exceptional POWERED By service, and community engagement that encourages and inspires prosperity INAMIRE1 The preliminary tax levy, to be adopted by the Council and submitted to the county by September 30, is the maximum amount the city can levy for taxes payable 2020. The final tax levy,which will be adopted in December, can be the same or lower,but cannot be greater, than the preliminary tax levy. Financial Impact N/A Attachments ■ General Fund Summary ■ Preliminary Tax Levy ■ Estimated Tax Impact N:APublic Bodies\Agenda Packets\08-19-2019\Final\x9.1 sr 2020 Budget.docx 2018 2019 2020 % ACTUAL BUDGET PRELIMINARY CHANGE General Fund Revenues: Property taxes 10,508,700$ $11,187,400 $12,178,300 8.9% Other taxes 137,532 150,000 140,000 -6.7% Licenses & Permits 790,831 857,000 798,500 -6.8% Intergovernmental Revenues 578,324 571,500 555,500 -2.8% Charges for Services 930,293 969,200 936,500 -3.4% Fines 137,114 154,500 140,000 -9.4% Other Revenues 273,799 259,500 276,500 6.6% Transfers In 2,058,735 2,072,100 1,998,300 -3.6% Total General Fund Revenues 15,415,328 16,221,200 17,023,600 4.9% General Fund Expenditures General Government: Mayor & Council 149,224 149,050 150,550 1.0% Communications 253,786 326,350 328,950 0.8% Administrative Services 490,436 531,850 560,450 5.4% Human Resources 255,559 280,500 305,850 9.0% Elections 37,614 6,800 62,200 814.7% Finance 605,933 644,550 648,850 0.7% Information Technology 364,601 440,000 556,600 26.5% Legal 273,462 230,000 240,000 4.3% Community Development 159,737 162,750 206,700 27.0% Planning 344,685 352,550 352,450 0.0% Building Maintenance 670,808 726,550 769,300 5.9% Energy City 29,992 31,150 27,550 -11.6% Total General Government 3,635,837 3,882,100 4,209,450 8.4% Public Safety: Police 5,462,953 5,856,650 6,207,700 6.0% Fire 1,136,830 1,353,900 1,410,050 4.1% Building Safety 672,567 513,500 528,050 2.8% Code Enforcement 95,493 115,700 95,150 -17.8% Environmental 42,443 32,450 53,150 63.8% Total Public Safety 7,410,286 7,872,200 8,294,100 5.4% Public Works: Street Maintenance 1,213,910 1,418,150 1,389,000 -2.1% Snow Removal 279,936 279,600 307,500 10.0% Equipment Services 208,273 221,400 231,550 4.6% Engineering 206,926 357,750 385,500 7.8% Total Public Works 1,909,045 2,276,900 2,313,550 1.6% Culture & Recreation: Parks Maintenance 1,130,649 1,147,600 1,277,550 11.3% Recreation 739,982 792,000 727,100 -8.2% Sr. Citizen Programs 227,153 250,400 201,850 -19.4% Total Culture & Recreation 2,097,784 2,190,000 2,206,500 0.8% Total General Fund Expenditures $15,052,952 $16,221,200 $17,023,600 4.9% CITY OF ELK RIVER 2020 GENERAL FUND BUDGET 7/29/2019 8/19/2019 City of Elk River Levied Preliminary Preliminary Tax Levy Pay 2019 Pay 2020 Pay 2020 General Fund $11,187,400 $12,605,900 $12,178,300 Library 66,000 69,000 69,000 General Property Tax Levy 11,253,400 12,674,900 12,247,300 Special Levies: 2010 GO Public Safety Building Bonds 470,130 619,920 619,920 Economic Development Tax Abatement 160,235 138,550 138,550 Government Building Reserve 55,000 21,685 - Lake Orono Dredging - 100,000 100,000 Total Levy $11,938,765 $13,555,055 $13,105,770 General Fund Change from Previous Year $689,600 $1,418,500 $990,900 Percentage Change from Previous Year 6.6%12.7%8.9% Total Dollar Change from Previous Year $874,935 $1,616,290 $1,167,005 % Change 7.9%13.5%9.8% NTC Value $26,006,616 $27,436,000 $27,436,000 *County Estimate - May Tax Rate 45.907%49.406%47.769% Levy Reductions General Fund: Capital outlay (260,500) Personal Services - Recreation (65,500) Sr. Citizen Programs (41,000) Code Enforcement (25,000) Planning (17,500) Police (18,100) Govt. Bldg. Reserve (21,685) Total Levy Reductions ($449,285) PRELIMINARY TAX LEVY Residential (Homestead): Estimated Tax Tax Capacity Rate Capacity 45.907 47.769 Value Dollar Percent 2019 2019 2019 2020 change change ** 241,200 2,257 1,036 1,078 42 4.1% CITY OF ELK RIVER ESTIMATED TAX IMPACT ** Median Value Home Property Value Estimated City Tax