2020 BUDGET 2020 Budget Change in Appropriations: Tax Rate: 0.483 - PowerPoint PPT Presentation

PUBLIC HEARING 2020 BUDGET

2020 Budget Change in Appropriations: Tax Rate:  0.483 cents = same rate as 2019  1977 Cap  Allowed by State for 2020 = 2.50%  Allowed by Cap Ordinance = 3.50% Additional ratables and revenues have allowed a lower impact on the tax rate as well as cost savings for health insurance benefits and use of JIF premium credits for general insurance coverages. Local Increase Tax Impact: $0.01 on Average Assessed Value Home ($225,000) = apprx. $1,086.78 (increase $0.03).

Changes from Prior Year Budget Revenues: Appropriations:  Reduction for General Administration S&W  Use of surplus: $309,224 and OE and Committee OE ($64,005).  Fees and Permits: $20,000  Reduction in Employee Group Health and  Court Fines and Fees: ($14,000) Waivers ($263,000).  Interest and Cost on Taxes: $48,000  Increase in Cost for Trash & Recycling  Interest on Investments: $70,000 Collection and Landfill Costs: $397,820.  Host Community Benefits: $5,000  Increase in Pension Liabilities $152,294.  Cable TV Franchise Fees: $30,000  Salaries and Wages increase includes all union contract increases, full compilation of  UCC Fees: ($85,000) police officers, as well as staffing  Utility Indirect Costs: $166,000 adjustments in various departments: $166,200 (1.82%) (sheet 17 )

Who’s getting my money? Estimated 2020 - Percent of Taxes Fire Districts 0.093 Local 5% 0.483 26% School County 1.028 0.27 55% 14% Local County School Fire Districts

22,281,719 TOTAL BUDGET 21,656,567 21,958,834 23,230,750 20,596,187 Budget Amounts 20,814,768 2020 42,726 2,305,648 LESS GRANTS 2019 517,388 2,299,016 2018 263,634 2017 566,807 2016 22,238,993 BUDGET W/O GRANTS 2015 19,350,919 21,441,446 20,931,734 20,333,187 20,247,961

2020 2019 2018 2017 2016 Fund Balance 2,074,000 1,764,776 1,779,000 1,641,000 1,641,000 State Aid 3,567,224 3,567,224 3,567,224 3,567,224 3,567,224 Miscellaneous 3,088,676 2,790,287 2,752,217 2,748,697 2,736,864 Delinquent 150,000 161,503 100,000 55,000 75,000 Taxes Property 13,359,093 13,331,937 13,243,005 12,919,813 12,313,099 Taxes Budget w/out 22,238,993 21,671,731 21,441,446 20,931,734 20,333,187 Grants Grants 42,726 2,305,648 517,388 2,299,016 263,634 Budget Total 22,281,720 23,977,379 21,958,834 23,230,750 20,596,821

Summary of Fund Balance (Surplus) and Utilization Year End Surplus Balance Used in following budget 2019 2,641,190.18 2,074,000 78.5% 2018 2,272,037.06 1,764,776 77.7% 2017 2,197,400.36 1,779,000 81.0% 2016 2,101,899.01 1,641,000 78.1% 2015 2,023,082.98 1,641,000 81.1% 2014 2,231,661.18 1,757,500 78.8% 2013 1,698,104.83 1,377,000 81.1% 2012 1,650,543.68 1,255,000 76.0% 2011 1,741,827.60 1,211,000 69.5%

2020 Intro 2019 Final 2018 Final 2017 Final 2016 Final 1 Police Salaries 5,100,000 23% 5,010,000 23% 4,850,000 23% 4,742,874 23% 4,630,306 23% 2 Health Insurance 3,000,000 13% 3,250,000 15% 3,757,630 18% 3,583,430 17% 3,509,500 17% 3 Debt Service 1,138,678 5% 1,180,100 6% 1,077,855 5% 1,085,701 5% 1,124,520 6% 4 Police Pension 1,344,409 6% 1,213,854 6% 1,125,542 5% 1,025,351 5% 991,577 5% 5 Public Works Salaries 986,000 4% 950,000 4% 910,000 4% 982,000 5% 922,000 5% 6 Social Security Tax 703,215 3% 680,000 3% 630,000 3% 627,000 3% 606,000 3% 7 Workers Compensation Insurance 528,966 2% 490,000 2% 510,000 2% 509,750 2% 534,750 3% 8 EMS Salaries 513,000 2% 505,000 2% 505,000 2% 480,000 2% 437,500 2% 9 Communications Salaries 450,000 2% 450,000 2% 440,000 2% 450,000 2% 480,500 2% 10 Sanitary Landfill 485,000 2% 474,000 2% 440,000 2% 430,000 2% 430,000 2% 11 Reserve for Uncollected Taxes 369,314 2% 358,624 2% 427,844 2% 416,999 2% 413,781 2% 12 Public Employees Pension 436,259 2% 414,520 2% 413,675 2% 382,759 2% 338,420 2% 13 Electricity 360,000 2% 380,000 2% 380,000 2% 370,000 2% 380,000 2% All Others (75-80 Budget Lines) 6,824,152 31% 6,330,350 30% 5,973,900 28% 5,845,870 28% 5,534,333 27% Total Budget 22,238,993 100% 21,671,732 100% 21,441,446 100% 20,931,734 100% 20,333,187 100%

Year Amount Change 2020 1,780,668 139,904 8.53% 2019 1,640,764 101,547 6.597% 2018 1,539,217 141,307 10.11% 2017 1,397,910 67,913 5.11% 2016 1,329,997 119,501 9.87% 2015 1,210,496 (36,152) -2.90% 2014 1,246,648 (114,276) -8.40% 2013 1,360,924 39,019 2.95% 2012 1,321,905 (148,121) -10.08% 2011 1,470,026

Year Beginning Balance Budgeted Other Increase Used Ending Balance Increase 2020 514.00 80,000 0 N/A 80,514 2019 35,014 75,000 0 109,500.00 514 2018 260,314 50,000 0 (275,300) 35,014 2017 146,984 180,000 0 (66,670) 260,314 2016 109,484 200,000 0 (162,500) 146,984 2015 699,484 0 0 (590,000) 109,484 2014 1,836,784 0 0 (1,137,300) 699,484 2013 2,184,146 0 0 (347,362) 1,836,784 2012 2,399,024 0 30,000 (244,878) 2,184,146 2011 2,577,300 100,000 1,724 (280,000) 2,399,024 2010 2,394,000 987,000 25,000 (828,700) 2,577,300

Trust Account Analysis: Accumulated Absence Beginning Budget, Expenditures Ending Balance Interest & Balance Adjust. 2020 170,613.82 150,218.94 48,857.09 271,975.67 As of 03/20 2019 143,920.47 152,003.75 125,310.40 170,613.82 2018 227,983.25 15,662.53 99,725.31 143,920.47 2017 135,369.19 200,585.05 107,970.99 227,983.25 2016 108,677.79 100,336.99 73,645.59 135,369.19 2015 29,166.21 100,018.88 20,507.30 108,677.79 2014 18,729.94 154,805.24 144,368.97 29,166.21

Trust Account Analysis: Storm Trust Reserve Beginning Budget, Expenditures Ending Balance Interest & Balance Adjust. 2020 76,330.21 20,000.00 0.00 96,330.21 As of 02/28 2019 59,031.50 20,000.00 2,701.29 76,330.21 2018 69,229.90 10,000.00 20,198.40 59,031.50 2017 58,071.19 20,000.00 28,841.29 49,559.90 2016 61,858.67 20,000.00 3,787.48 78,071.19 2015 74,818.82 0.00 12,960.15 61,858.67 2014 89,262.50 39,443.68 53,887.36 74,818.82

Trust Account Analysis: Unemployment Trust Beginning Budget, Expenditures Ending Balance Interest & Balance Adjust. 2020 152,192.93 15,195.30 2,856.12 164,532.11 As of 02/28 2019 165,802.44 32,817.57 46,427.08 152,192.93 2018 172,906.08 20,828.40 27,932.04 165,802.44 2017 154,868.78 53,038.44 87,079.43 172,906.08 2016 166,137.76 13,695.06 24,964.04 154,868.78 2015 143,365.55 104,705.62 81,933.41 166,137.76 2014 137,892.63 58,482.02 53,009.10 143,365.55

Utility Budget * Must be self liquidating Changes in Revenues: Changes in Appropriations:  Increases:  Increases:  Miscellaneous Receipts: $57,325  Capital Outlay: $52,000.00  Anticipated Additional Revenue- Fee  Indirect Costs: $166,000 Changes: $300,000  Decrease:  Decreases: Surplus ($220,161)   CMCMUA User Charges: ($236,014)  Reserve to Pay Debt Service: ($178,353)  Deferred Charge-Prior Year Emergency:  No Change: User Charges/Rents ($10,000)  Debt Service: ($35,500)

Utility Budget CMCMUA Sewer Fees Adjustments 2020 2,969,939.00 ($29,098) (2019) 2019 2,601,065.00 327,128.00 (2018) 2018 2,166,654.00 404,846.00 (2017) 2017 1,743,841.00 273,746.00 (2016) 2016 1,661,001.00 61,738.00 (2015) 2015 1,580,486.00 63,008.00 (2014) 2014 1,530,029.00 184,353.00 (2013) 2013 1,465,417.00 (114,153.00) (2012) 2012 1,440,294.00 N/A