2019 OPERATING BUDGET Presented November 26, 2018 CONTENTS - PowerPoint PPT Presentation

2019 OPERATING BUDGET Presented November 26, 2018

CONTENTS INTRODUCTION 03 04 GENERAL FUND General (000) | Trustees (101) | Supervisor (171) | Superintendent (172) | Clerk (215) Treasurer (253) | Assessing (209) | Elections (191) | Board of Review (247) | Computer (259) | Township Office (260) | Township Hall (265) | Cemetery (276) | Fire Department (336) Law Enforcement (337) | Compactor/Recycling (526) | Park (691) | Zoning (805) | Insurance & Bonds (954) | Contingencies (999) 47 CAPITAL IMPROVEMENT 49 FIRE DEPARTMENT 55 BUILDING DEPARTMENT 60 OTHER FUNDS & DEPARTMENTS MDNR Land & Water Grant | DDA | CCTA | Road Assessment | Texas Corners Corridor | Street Lighting Assessment | Special Assessment Districts | Sewer & Water TEXAS TOWNSHIP 2019 BUDGET Page 2 of 88

INTRODUCTION 03 On behalf of the Township Board, we’d like to present to you the 2019 operating budget for Texas Charter Township. The Township Board is committed to demonstrating fiscal responsibility in all actions; from every contract signed to every dollar invested, our mission is to provide the best possible value to our residents while continuing to save in a responsible manner so we can achieve our long-term goals. This budget reflects all of the revenue and expenditures anticipated for all Township funds in 2019. As you will see, the 2019 budget operates on a surplus basis with a considerable amount of money set aside for long-term initiatives as part of our Capital Improvement Plan. In 2019, we anticipate a total General Fund Revenue of $2,674,248.00 and a total General Fund Expense of $2,637,669.00, with a total General Fund Net Balance of $36,579. There is a increase in expenses for FY 2019. This is primarily due to the response to assist with the township flooding crisis. Additional funds will be expended in the Township Drain Assessment and a new line item created to contribute towards a portion of the cost to mitigate the flooding . The Township will also undertake a comprehensive Master Plan update. The Texas Township budget operates on a 12-month cycle beginning on January 1 st and ending on December 31 st . Detailed on the following pages are brief overviews for each fund describing how revenues are generated, what the expenditures in each fund are used for, what anticipated changes are coming in 2019, and where growth opportunities exist. We hope that residents, businesses, and all interested parties find this information to be helpful and encouraging as we continue to grow and provide the best possible service to our constituents. - Julie VanderWiere, Superintendent - Linda Kerr, Clerk - Emily Beutel, Administrative Assistant TEXAS TOWNSHIP 2019 BUDGET Page 3 of 88

04 GENERAL FUND GENERAL FUND REVENUES GENERAL FUND EXPENDITURES & FUND BALANCE GENERAL FUND DEPARTMENTAL EXPENSES - GENERAL (000) - ELECTIONS (191) - LAW ENFORCEMENT (337) - TRUSTEES (101) - BOARD OF REVIEW (247) - TRASH/RECYCLING (526) - SUPERVISOR (171) - COMPUTER (259) - PARK (691) - SUPERINTENDENT (172) - TOWNSHIP OFFICE (260) - ZONING (805) - CLERK (215) - TOWNSHIP HALL (265) - INSURANCE & BONDS (954) - TREASURER (253) - CEMETERY (276) - BUDGET RESERVES (999) - ASSESSING (209) - FIRE DEPARTMENT (336) TEXAS TOWNSHIP 2019 BUDGET Page 4 of 88

GENERAL FUND REVENUES In FY 2019 Texas Township will again see growth in General Fund Revenues the general fund revenues. The property tax revenue will increase approximately 4.5% for FY 2019. The Historical Trend budget also indicates a 2.8% increase in State Shared Revenue as well. We will again this year receive the $2,700,000.00 $2,636,348.00 $2,650,000.00 County, Village, Township, Revenue Sharing and this $2,594,606.02 $2,572,191.52 $2,600,000.00 will remain the same. $2,550,000.00 $2,500,000.00 FY 2019 will experience a slight increase of 3.5% in $2,450,000.00 $2,400,000.00 $2,348,537.81 Township revenue. $2,350,000.00 $2,300,000.00 $2,250,000.00 $2,200,000.00 2016 2017 2018 2019 Actual Actual Projected Proposed TEXAS TOWNSHIP 2019 BUDGET Page 5 of 88

GENERAL FUND REVENUES 2019 General Fund Revenues $4,000.00 $3,264.00 $46,000.00 $2,000.00 CURRENT REAL PROPERTY TAX $16,000.00 TAX ADMINISTRATION FEE $50,796.00 PPT DISTRIBUTION REVENUE $10,500.00 DEL PERSONAL PROPERTY TAX INT. & PENAL/DEL PROP CABLEVISION ANIMAL LICENSE $743,500.00 LAND DIVISION APPLICATION BOARD APPLICATION REVIEW FARMERS' MARKET PASSPORT FEES TRAILER PARK FEES STATE SHARED REVENUE $1,246,056.00 STATE SHARED REVENUE ROW STATE SHARED REVENUE CVTRS PROCESSING FEE - STATE OF MICHIGAN $301,000.00 DISTRICT COURT FEES $100.00 ADMINISTRATION FEES - SPECIAL ASSESSMENT INTEREST ON INVESTMENT $612.00 MISCELLANEOUS $147,900.00 $320.00 $2,550.00 $2,750.00 $35,000.00 $22,500.00 $1,500.00 2019 TOTAL Miscellaneous General Fund Revenues GENERAL FUND REVENUE Historical Trend 2019 General Fund: General Revenues (CHART A) $25,000.00 + Annual Revenue Elections (191) $20,000.00 2019 Misc. Fund Revenues [Elections, Computer, $15,000.00 Computer (259) Cemetery, Trash, Park & Zoning] (CHART B) $10,000.00 Cemtery 276) $5,000.00 =$2,582,618.00 $0.00 Trash (526) 2016 Actual 2017 Actual 2018 Projected 2019 Proposed Park (691) Year End TEXAS TOWNSHIP 2019 BUDGET Page 6 of 88

GENERAL FUND REVENUES Dept 000 GEN FUND Description 2016 Actual 2017 Actual 2018 Amended 2018 Projected 2019 Proposed 101-000-000.100 CARRY-OVER $0.00 $0.00 $0.00 $0.00 101-000-403.000 CURRENT REAL PROPERTY TAX $666,636.48 $681,632.34 $709,500.00 $711,129.52 $743,500.00 101-000-404.000 TAX ADMINISTRATION FEE $230,967.96 $332,231.95 $279,000.00 $279,000.00 $301,000.00 101-000-415.000 PPT DISTRIBUTION REVENUE $2,115.80 $0.00 $1,931.00 $0.00 101-000-417.000 DEL PERSONAL PROPERTY TAX $141.16 $732.84 $0.00 $135.00 $100.00 101-000-446.000 INT. & PENAL/DEL PROP $6,139.85 $691.50 $600.00 $141.00 $612.00 101-000-475.000 CABLEVISION $151,180.85 $144,847.74 $145,000.00 $140,500.00 $147,900.00 101-000-477.000 ANIMAL LICENSE $219.00 $295.00 $300.00 $314.00 $320.00 101-000-480.000 LAND DIVISION APPLICATION $2,800.00 $2,775.00 $2,500.00 $2,675.00 $2,550.00 101-000-480.100 BOARD APPLICATION REVIEW $1,500.00 $2,000.00 $500.00 $1,500.00 101-000-482.000 FARMERS' MARKET $22,323.00 $22,449.00 $22,500.00 $21,750.00 $22,500.00 101-000-485.000 PASSPORT FEES $51,853.00 $35,002.00 $35,000.00 $37,000.00 $35,000.00 101-000-487.000 TRAILER PARK FEES $2,728.00 $2,739.50 $2,750.00 $2,500.00 $2,750.00 101-000-574.000 STATE SHARED REVENUE $1,139,457.00 $1,202,733.00 $1,190,496.00 $1,216,000.00 $1,246,056.00 101-000-574.010 STATE SHARED REVENUE ROW $11,076.18 $10,429.49 $10,500.00 $10,600.00 $10,500.00 101-000-574.020 STATE SHARED REVENUE CVTRS $32,415.00 $57,828.00 $50,832.00 $50,841.00 $50,796.00 101-000-600.000 PROCESSING FEE - STATE OF MICHIGAN $15,970.00 $16,000.00 $16,000.00 $16,000.00 101-000-602.000 DISTRICT COURT FEES $6,534.35 $4,417.47 $4,000.00 $1,350.00 $4,000.00 ADMINISTRATION FEES - SPECIAL 101-000-618.100 ASSESSMENT $3,088.00 $4,184.00 $3,200.00 $5,200.00 $3,264.00 101-000-664.000 INTEREST ON INVESTMENT $16,385.90 $19,412.38 $20,000.00 $46,500.00 $46,000.00 101-000-673.000 SALE OF FIXED ASSETS $45,000.00 $50,000.00 $0.00 $0.00 101-000-689.000 CASH OVER/SHORT $0.05 $125.00 $0.00 101-000-697.000 DUE FROM OTHER FUNDS $0.00 $0.00 101-000-698.000 MISCELLANEOUS $4,592.08 $7,555.96 $2,000.00 $28,000.00 $2,000.00 TOTAL DEPT 000-GEN FUND $2,348,537.81 $2,594,606.02 $2,546,178.00 $2,572,191.52 $2,636,348.00 Dept 191 ELECTIONS Description 2016 Actual 2017 Actual 2018 Amended 2018 Projected 2019 Proposed 101-191-698.000 ELECTION MISCELLANEOUS $0.00 $0.00 $150.00 $0.00 $0.00 Total Dept 191-ELECTIONS $0.00 $0.00 $150.00 $0.00 $0.00 TEXAS TOWNSHIP 2019 BUDGET Page 7 of 88