2018 F I SCAL YE AR BUDGE T PUBL I C HE ARI NG NOVE MBE R 8, 2017
Budg e t Purpo se Pr ovide Re sour c e s •E le c tio ns •Sno w Re mo va l to Me e t L e g a l, •L a w E nfo rc e me nt Ma nda te d & •F ire I nspe c tio ns Sta tutor y •Pro pe rty Asse ssme nt •Building I nspe c tio ns Oblig a tions •Re c re a tio n Pro g ra ms Ma tc hing Re sour c e s •E c o no mic De ve lo pme nt to Community •F ina nc ia l Pla nning Ne e ds & Goa ls •Urb a n F o re stry •Cro ssing Gua rds Polic y Doc ume nt •We b site , GI S, I T
Our Stra te g ic Pla n, 2015-2019 He a lthy E c onomy & 2018 De ve lopme nt Str ate gic Pr ior itie s in Budge t Qua lity E ffe c tive & Re por t Infr a str uc tur e & Ac c ounta ble Asse t Ma na g e me nt Gove r nme nt Gr e a t Re sponsive & Ne ig hbor hoods & Qua lity Public Sa fe ty Qua lity of L ife
Our Budg e t Pro c e ss June -e a rly Aug ust: Dra fting & re vie w o f 2018-2022 Ca pita l I mpro ve me nt Pla n (CI P) July-Se pt: Pro po se d o pe ra tio ns b udg e ts fro m de pa rtme nts & inte rna l re vie ws Villa g e Bo a rd wo rk se ssio n (Oc to b e r 2) Re vie w o f pro po se d b udg e t a nd ke y c ha ng e s F ina l re vie w a nd a utho riza tio n to pro c e e d to pub lic he a ring (Oc to b e r 11)
GF OA Budg e t Awa rd Awa rde d Go ve rnme nt F ina nc e Offic e rs Asso c ia tio n (GF OA) Disting uishe d Budg e t Pre se nta tio n Awa rd F o r 2016 & 2017 Budg e t Re po rt
Unde rsta nding the T a x Bill State Tax 2016 T ax Rate % 0.9% (2017 Budge t) Village Tax 15.1% $200,000 County Tax 24.3% Prope rty = $555 Tech College Tax 4.6% School Tax 55.1%
T a x Ra te Co mpa riso ns/ Histo ry Village Tax Rate History Munic ipality 2016 T ax Rate s (2017 $2.88 Budge t Ye ar ) Village of Be lle vue $2.77 T o wn o f L a wre nc e $2.83 T o wn o f L e dg e vie w $3.39 Villa g e o f Ho wa rd $3.73 $2.78 $2.78 $2.78 $2.78 Villa g e o f Ho b a rt $4.42 $2.77 Villa g e o f Sua mic o $4.48 Villa g e o f Ashwa ub e no n $6.12 $2.73 City o f De Pe re $6.74 Villa g e o f Wrig htsto wn $7.00 Villa g e o f Allo ue z $7.22 City o f Gre e n Ba y $8.85 2012 2013 2014 2015 2016 2017 2018 Budget Budget Budget Budget Budget Budget Budget
Our Villa g e K e y Sta tistic s & Hig hlig hts
Our Po pula tio n 15,337 15,365 15,050 15,047 14,965 Census 14,624 14,650 14,697 14,760 14,570 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Our Po pula tio n - Pro je c tio ns 20,780 20,150 19,140 17,840 16,480 15,365 2017 2020 2025 2030 2035 2040
Sing le F a mily Ho me Pe rmits 38 36 33 31 30 30 21 21 20 16 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 YTD
Our Asse sse d Va lue (T a x Ba se ) Budget Year Value % Change # Change 2013 $1,162,002,200 0.5% $5,763,500 2014 $1,172,781,100 0.9% $10,778,900 2015 $1,186,229,576 1.1% $13,448,476 2016 $1,191,717,900 0.5% $5,488,324 2017 $1,204,071,700 1.0% $12,353,800 2018 $1,217,697,600* 1.1% $13,625,900 NOT E : *F inal Value as Re por te d fr om WDOR. Slightly highe r than figur e in Pr opose d Budge t. Amo unts do no t inc lude inc re a se d va lue s in T I D # 1 o r T I D # 2.
Ne w Co nstruc tio n/ Ma jo r Alte ra tio ns Co mple te d in 2017 Po mp’ s T ire Wa re ho use E xpa nsio n K I E xpa nsio n Ba yc a re Clinic (De ve lo pme nt Drive ) Arb y’ s Re sta ura nt Mo nro e Ro a d Strip Ce nte r Mr. Bre ws T a pho use , Phin Sushi Glo b e Unive rsity b uilding fo r Big Ox E ne rg y (Nc o rp Se rvic e s) Viking E le c tric E xpa nsio n
Sub mitte d/ Appro ve d in 2017 (Sc he dule d fo r 2018 Co mple tio n) Ce da r Offic e Building (c o rne r Allo ue z Ave ./ Be lle vue St.) Do rsc h F o rd Co llisio n Ce nte r a nd De a le rship E xpa nsio n Be lle vue St. Sto ra g e Building s a nd Offic e E xpa nsio ns: Ae g is Offic e Building E xpa nsio n (Allo ue z Ave .) Ca rnivo re Me a ts E xpa nsio n Huro n Gro ve Sub divisio n 36 Sing le F a mily L o ts T I D # 1 F urthe r c o mme rc ia l de ve lo pme nt a nd a sso c ia te d infra struc ture T I D # 2 No tting ha m Pla c e L uxury Apa rtme nts (64 units) So me rse t F ie lds Sub divisio n (42 sing le fa mily lo ts)
Our 2018 Budg e t K e y Pro je c ts, Cha ng e s & Hig hlig hts
Our Budg e t F und Struc ture Internal Governmental Funds Enterprise Funds Service Funds Special Vehicle Other Revenue Storm Debt Capital Ops & Sanitary General Capital TID #1 & Fund Water Water Sanitation Service Projects Maint. Sewer Fund Fund Projects #2 Funds (Trees, Utility Mgmt. Fund Fund (VOM) Utility Fund Impact Utility Fund Fees)
Villa g e F und Ba la nc e Unassigne d Ge ne r al 35.9% 35.6% F und 34.7% Balanc e at Ye ar - E nd 33.7% 25% 31.8% minimum r e quir e d pe r Polic y 2014 Actual 2015 Actual 2016 Actual 2017 Estimate 2018 Budget
Ge ne ra l F und Re ve nue s, 2018 Public Char ge s, 4.7% Misc , 5.3% F ine s, F or f & Pe naltie s, 3.7% L ic e nse s & Pe r mits, 7.2% Ge ne r al F und (T axe s), 55.8% Inte r gove r nme ntal, 23.2%
Re ve nue s % Cha ng e 2017-2018 20.0% 17.5% 15.0% 10.0% 8.1% 7.3% 5.0% 1.8% 0.0% General Fund Intergovernmental Licenses & Permits Fines, Forf & Public Charges Misc (Taxes) Penalties -5.0% -7.7% -10.0% -11.8% -15.0%
2018 Hig hlig hts (Re ve nue s) T o ta l I nc re a se fo r a ll Re ve nue s o f 7.2% $178,223 inc re a se in Ge ne ra l Pro pe rty T a xe s I nte rg o ve rnme nta l Re ve nue s $70,879 Re ve nue inc re a se in GT A Sig nific a nt tra nsit re ve nue s inc re a se s, o ff-se t b y e xpe nse s Re ve nue De c re a se s F ine s, F o rfe iture s & Pe na ltie s (-7.7%) Misc e lla ne o us (-11.8%)
Ge ne ra l F und E xpe nditure s, 2018 Othe r Community F inanc ial De ve lopme nt Use s, 0.4% Ge ne r al 4.2% Gove r nme nt, Par ks, Re c & 12.4% F or e str y, 10.6% L aw Public Wor ks, E nfor c e me nt, 24.1% 26.0% F ir e & Re sc ue , 22.2%
E xpe nditure s % Cha ng e 2017-2018 14.0% 13.0% 12.0% 10.3% 10.0% 8.0% 6.5% 6.0% 4.7% 4.4% 4.0% 2.0% 0.0% General Law Enforcement Fire & Rescue Public Works Parks, Rec & Community Government Forestry Development -2.0% -1.4% -4.0%
Villa g e Pe rso nne l Hig hlig hts Se ve ra l ne w e mplo ye e hire s a nd o rg a niza tio na l c ha ng e s in 2017; suppo rte d b y 2018 Budg e t Prima rily in Pub lic Wo rks, F ire & Re sc ue E mplo ye e he a lth insura nc e 13.1% inc re a se a fte r de duc tib le inc re a se Po sitio n Cha ng e s: No ne w full o r pa rt-time po sitio ns a dde d
2018 Hig hlig hts (E xpe nditure s) -1.4% De c re a se Ge ne ra l Go ve rnme nt De c re a se s in Munic ipa l Co urt & L e g a l; E le c tio n & limite d I T inc re a se s 6.5% I nc re a se in Pa rks, Re c re a tio n & F o re stry No ta b le inc re a se to Villa g e ’ s fo re stry pro g ra m to c o mb a t E AB 13.0% I nc re a se L a w E nfo rc e me nt Me e ting e xisting c o ntra c tua l o b lig a tio ns Additio na l full-time pa tro l o ffic e r a nd suppo rting e q uipme nt/ supplie s ($142,000)
2018 Hig hlig hts (E xpe nditure s) 10.3% I nc re a se s in Pub lic Wo rks De c re a se s in VOM c o ntrib utio ns a nd ro a d ma inte na nc e F unding ne c e ssa ry sta ffing a djustme nts ma de in 2017 Sig nific a nt inc re a se in Gre e n Ba y Me tro T ra nsit e xpe nse s with imple me nta tio n o f ne w e a st-side hub a nd e xpa nsio ns in Villa g e (a ppro x. $50,000)
Histo ric a l & Pre se nte d T a x Ra te $3.50 2018 = $3.00 $0.10 $2.88 pe r $1,000 o f $2.50 $0.83 Asse sse d $0.75 $1.07 $1.08 $1.07 Va lue $2.00 $1.50 $2.05 $1.00 $1.92 $1.72 $1.70 $1.71 $0.50 $0.00 2014 Budget 2015 Budget 2016 Budget 2017 Budget 2018 Budget GF Tax Rate Debt Tax Rate Capital Tax Rate
Our De b t De b t Ca pa c ity Ma y No t to E xc e e d 5% o f E q ua lize d Va lue Villa g e a t 34.9% o f Ava ila b le L imit $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 2013 Budget 2014 Budget 2015 Budget 2016 Budget 2017 Budget 2018 Budget Debt Levy $1,229,259 $1,272,334 $1,265,227 $1,280,060 $898,288 $1,015,041
Our De b t De b t o b lig a tio ns inc re a se d $116,750 Afte r a pplying $123,335 o f Ca pita l Pro je c ts L e vy Afte r a pplying $46,455 o f re ma ining Sta dium Sa le s T a x Ne xt de b t issua nc e pla nne d fo r 2019
Recommend
More recommend
