2018 General Government Operating Fund Budget
General Government Operating Revenue Percent 2017 Budget 2018 Proposed Dollar Change Change Property Taxes 8,600,282 9,362,088 761,806 8.9% Other Taxes 259,855 256,000 (3,855) -1.5% Intergovernmental Revenue 2,270,261 2,240,256 (30,005) -1.3% Licenses and Permits 1,264,287 1,065,262 (199,025) -15.7% Fines 356,365 356,365 - 0.0% Public Charges for Services 1,903,807 2,015,929 112,122 5.9% Intergovernmental Charges 350,232 385,120 34,888 10.0% Other Revenues 262,321 313,142 50,821 19.4% Utility Tax Transfer 850,000 850,000 - 0.0% 16,117,410 16,844,162 726,752 4.5%
General Government Operating Revenue 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 ‐ Public Intergover Licenses Intergover Property Charges Utility Tax Other Other nmental and Fines nmental Taxes for Transfer Taxes Revenues Revenue Permits Charges Services 2017 8,600,282 2,270,261 1,903,807 1,264,287 850,000 356,365 350,232 259,855 262,321 2018 9,362,088 2,240,256 2,015,929 1,065,262 850,000 356,365 385,120 256,000 313,142
General Government Operating Expenses Percent 2017 Budget 2018 Proposed Dollar Change Change General Government 3,358,224 3,581,802 223,578 6.7% Public Safety 9,117,004 9,148,508 31,504 0.3% Public Works 2,616,934 2,716,490 99,556 3.8% Parks 528,960 516,584 (12,376) -2.3% Community Development 549,088 549,467 379 0.1% 16,170,210 16,512,851 342,641 2.1%
General Government Operating Expenses By Function 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 ‐ General Community Public Safety Public Works Parks Government Development 2017 9,117,004 3,358,224 2,616,934 549,088 528,960 2018 9,148,508 3,581,802 2,716,490 549,467 516,584
General Government Operating Expense Breakdown 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 ‐ Wages Benefits Other Expenses 2017 9,023,296 3,520,877 3,626,037 2018 9,172,766 3,700,011 3,640,074
General Government Other Major Operating Expenses 700,000 600,000 500,000 400,000 300,000 200,000 100,000 ‐ Contracted Consultant Fleet Software Minor Vehicle Attorney / Internal Electric Maintenan Salt Training Insurance Fuel Equipment Maintenan Fees Contractua Service ce ce l Services 2017 628,257 400,700 386,086 193,500 198,000 125,781 88,500 106,603 103,700 103,600 95,450 2018 589,277 413,200 392,166 218,774 210,000 131,073 109,250 108,217 104,200 103,550 88,000
Decision Packages Recommended Recurring Decision Package Department Amount Eliminate Mailing of tax receipts Finance (3,406) Add two Police Officers and Start up Costs Police 176,994 Add one Full-time Firemedic position Fire & Rescue 87,451 Reclassify one Firemedic to Lieutenant Fire & Rescue 7,355 Promotions to Detective and Sergeant Police 14,679 Create a Pay Scale Range for PT and Seasonal Employees with CDL Public Works 27,588 Convert Part-time Administrative Assistant to Full-time Fire & Rescue 20,650 331,310
Decision Packages Recommended (One-time) Decision Package Department Amount Public Safety Communication Stability- Purchase 15 portable radios Communications 45,000 Update Parks & Open Space Plan Parks 20,000 Impound Bay Evidence Room Renovation Police 10,000 E-Poll Books Administration 10,000 Honor Guard Uniforms (Two) Police 4,000 Manual Transfer switch to Prange radio Hut and RecPlex Information Technology 12,000 Upgrade Electric in Police Detective Bureau Roger Prange 5,000 Station 2 – replace 4 doors, mag-lock front entrance Fire & Rescue 7,800 Paint Roger Prange Center Building Public Works 35,000 Repair the Salt Shed Wall Public Works 10,000 HVAC and Boiler Replacement Roger Prange 8,000 Replace Manway Doors Roger Prange 6,000 Replace Overhead doors Roger Prange 10,000 Rebuild Bulk Material Bins at Prange Public Works 5,000 187,800
General Government Operating Fund Percent 2017 Budget 2018 Proposed Dollar Change Change Revenues Property Tax 8,600,282 9,362,088 761,806 8.9% Other Revenue 6,667,128 6,632,074 (35,054) -0.5% Utility Tax Transfer 850,000 850,000 - 0.0% Total Revenues 16,117,410 16,844,162 726,752 4.5% Expenses Base Expenses 16,170,210 16,512,852 342,642 2.1% Decision Packages (Recurring) - 331,310 331,310 NA Decision Packages (One ‐ time) - 187,800 187,800 NA Total Expenses 16,170,210 17,031,962 861,752 5.3% Net Add or (Use) of Reserves (52,800) (187,800) (135,000) NA
2018 General Government Capital Fund Budget
General Government Capital Fund Percent 2017 Budget 2017 Estimate 2018 Proposed Dollar Change Change Revenues Property Tax 1,363,579 1,363,579 757,294 (606,285) -44% Road Grant 740,650 739,048 849,905 109,255 15% Borrowed - 268,000 1,450,000 1,450,000 NA Transfer In 9,810 - - (9,810) -100% Other 99,448 105,704 183,220 83,772 84% Total Revenue 2,213,487 2,476,331 3,240,419 1,026,932 46% Capital Outlay 2,630,937 4,326,546 3,503,302 872,365 33% Land Purchase/(Sale) - 3,706,904 (3,710,500) (3,710,500) NA Impact Fees Collected 150,000 240,000 150,000 - 0% Used - (118,619) - - NA 150,000 121,381 150,000 - - Change in Funds (267,450) (5,317,119) 3,597,617 3,865,067 -1445%
Capital Purchases Under $50,000 - Recommended Priority Capital Purchase Department Amount Funding 3 Automobile Fire & Rescue 48,570 Fire Replacement 7 Add Uninterruptable power supply at data center Information Technology 35,000 Levy/ Other 8 Automatic License Plate Recognition Police 18,928 Levy/ Other 9 Replace EAB Trees Parks 30,000 Levy/ Other 10 Access Control Software Information Technology 15,000 Levy / Other 11 Install Additional Firewall at Prange Information Technology 11,000 Levy / Other 12 4 Door Pickup Fire & Rescue 39,302 Fire Replacement 13 Repair Concrete approaches Fire & Rescue 20,184 Levy / Other 15 Upgrade Prange exterior shop lights to LED Roger Prange 35,000 Levy / Other 16 Existing RPC Parking Lot to LED Street Lighting 20,000 Levy/Other 272,984
Capital Purchases Over $50,000 - Recommended Priority Capital Purchase Department Amount Funding 1 Vehicle Fleet Replacement Police 162,400 Levy/Other 2 Rescue Pumper Fire Engine Fire & Rescue 888,385 Borrowing 5 Transportation Plan Roads 65,000 Levy/Other 6 Complete the dark fiber ring Information Technology 280,000 Borrowing 14 Ambulance Fire & Rescue 307,103 Levy/Other/Borrowing 1,702,888
Capital Purchases Recommended Capital Purchase Amount Under $50,000 272,984 Over $50,000 1,702,888 Paving Program 1,499,000 Total Capital Purchases / Projects Recommended 3,474,872
General Government Capital Fund – Fund Balance 2017 Budget 2017 Estimate 2018 Proposed Beginning Fund Balance 3,690,725 3,690,725 (1,626,394) Change in Fund Balance (267,450) (5,317,119) 3,597,617 Ending Fund Balance 3,423,275 (1,626,394) 1,971,223 Breakdown of Fund Balance Impact Fees 1,223,168 1,344,549 1,494,549 Borrowing 1,132,829 268,000 - Carryover - - - Unrestricted 1,067,278 (3,238,943) 476,674 Ending Fund Balance 3,423,275 (1,626,394) 1,971,223
2018 General Government Debt Service Fund Budget
General Government Debt Service Fund Percent 2017 Budget 2018 Proposed Dollar Change Change Revenue Property Tax 1,520,952 1,764,874 243,922 16% Other Revenues 25,948 32,381 6,433 25% Total Revenue 1,546,900 1,797,255 250,355 16% Payments (Expense) Principal Payments 1,250,000 1,498,000 248,000 20% Interest Payments 342,263 299,255 (43,008) -13% Total Payments 1,592,263 1,797,255 204,992 13% Net Gain (Loss) (45,363) - 45,363 NA Fund Balance Beginning 1,006,573 968,146 (38,427) -4% Ending 961,210 968,146 6,936 1%
General Government Debt 14,000,000 12,000,000 11,470,000 10,703,000 10,483,000 10,000,000 9,550,000 9,513,000 8,000,000 6,000,000 4,000,000 2,000,000 0 2015 2016 2017 2018 2019 Est
2018 Village Levy
Village’s Levy Calculation Description Amount 2017 Levy 11,484,813 Growth – 2.5% 245,832 Debt Adjustments Minus 2017 Debt (1,643,644) Add 2018 Debt 1,797,255 2018 Levy 11,884,256 Increase of 399,444
VILLAGE TAX LEVY 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 ‐ Operating Debt Capital Total Operating Debt Capital Total 2017 8,600,282 1,520,952 1,363,579 11,484,813 2018 9,362,088 1,764,874 757,294 11,884,256
Assessed Value and Village Mill Rate 4.64 4.58 4.46 4.42 4.37 4.30 4.01 4.00 3.40 3.16 3.11 2.87 2.80 2.67 2.64 2.61 2.52 2.49 2010 2011 2012 2013 2014 2015 2016 2017 2018 Assessed Value (Billions) Mill Rate (Per Thousand)
Village Property Tax Median Residential Home Percent 2017 Budget 2018 Proposed Dollar Change Change Median Assessed Value $ 205,400 $ 205,400 $ - 0.00% Village Property Tax $ 942.77 $ 915.82 $ 26.95 2.94%
Recommend
More recommend
