City of Austin, Minnesota 2015 Proposed Tax Levy and Operating - PowerPoint PPT Presentation

City of Austin, Minnesota 2015 Proposed Tax Levy and Operating Budget

Agenda 1. Budget Timeline 11. Port Authority Projects: 2. Proposed Tax Levy • APC Debt Service Fund (65000) 3. Employees and Other • Property Management Fund (66000) 4. General Fund (11000) • Hormel Institute Debt Service 5. Recreation Programs Fund (22000) Fund (69000) 6. Library Fund (25000) 12. Internal Service Funds: 7. Police PERA Fund (28000), Fire PERA • Central Garage Fund (71000) Fund (29000), and Economic • MIS Replacement Fund (72000) Development Fund (23000) • Fire Equipment Fund (73000) 8. Debt Service Funds: • Risk Management Fund (75000) • Special Assessment Fund (34000) 13. Sample Resolutions • Tax Increment Debt Service Fund • Adopted Tax Levy for the Year 2015 (31000) • Adopted Budget for the Year 2015 9. Capital Projects Fund (49000) • Cancel Certain Ad Valorem Taxes for 10. Enterprise Funds: 2015 • Sewer User Fund (61000) 14. Sample Tax Statements • Waste Transfer Station Fund (62000) 15. Tax Classification Rates • Storm Water Utility District Fund (67000)

Budget Timeline April 7, 2014 to May 19, 2014 –  September 15, 2014 – Council has  Council reviews operational budget discussion at work session. budgets for the different October 6, 2014 – Council has  departments. budget discussion at work session. Week of June 9, 2014 – Budget  October 20, 2014 – Council has  documents sent out to department budget discussion at work session. heads. Week of November 10, 2014 –  July 11, 2014, – Receive budget  Truth In Taxation documents requests back from department delivered to Mayor and City heads. Council. Month of July, 2014 – Director of  Decembe ber 2, 2014 – City holds  Administrative Services meet with require uired Truth h In Taxatio tion n department heads to review hearing ring for resid idents nts to hear budget requests. where the City will be spending ing August 4 and 18, 2014 – Balanced  their ir tax dollar ar for 2015. budget brought back to council for December 15, 2014 – City Council  their review. adopts tax levy and budget September 2, 2014 – Council sets  amounts for the payable 2015 year. Proposed Budget and Maximum December 16, 2014 – City certifies  Tax Levy for 2015. to Mower County and State of Minnesota tax levy for 2015.

2015 Proposed Tax Levy 2014 Ad Adopted ted 2015 Pr Proposed General Fund $ 2,297,569 $ 2,248,392 Library Fund $ 844,500 $ 917,000 Port Authority $ 25,000 $ 40,000 Debt Service $ 152,931 $ 144,608 Capital Projects $ 800,000 $ 975,000 Total tal All l Funds $ 4,120, 20,000 000 $ 4,325, 25,000 000

Your Tax Dollar The following is how your tax dollar, as a citizen of Austin, is split among the taxing entities (for Payable 2014 year): 37% 36% 24% 3% City County School Other

Employees by Department 201 011 2012 12 2013 13 2014 14 Proposed posed 2015 15 General 9.80 9.80 10.30 10.80 10.80 Government Public Safety 48.00 48.00 48.00 49.00 49.00 Streets, Highways, 25.50 24.50 24.50 24.50 24.50 and Arenas Parks and 13.50 13.50 14.50 14.50 14.50 Recreation Library 9.55 9.80 9.80 10.80 10.80 WWTP and Sewer 24.50 24.50 24.50 23.50 23.50 Maintenance Storm Water Utility 0.00 0.00 0.00 1.00 1.00 District Central Garage 4.00 4.00 4.00 4.00 4.00 MIS Replacement 1.00 1.00 1.00 1.00 1.00 Risk Management 0.20 0.20 0.20 0.20 0.20 TOTAL ALS 136. 6.05 05 135. 5.30 30 136. 6.80 80 139. 9.30 30 139. 9.30 30

Proposed Revenue Sources for 2015 Current Property Taxes Intergovernmental 10,000,000 Revenue 9,000,000 Charges for Services 8,000,000 Licenses and Permits 7,000,000 6,000,000 Miscellaneous 5,000,000 4,000,000 Other Taxes 3,000,000 Fines and Forfeits 2,000,000 1,000,000 Tax Increment Funds 0 Revenue Enterprise Funds Internal Service Funds

Sources of Revenue – All Funds Current Property Taxes $ 4,325,000 Intergovernmental Revenue 9,010,174 Charges for Services 476,899 Licenses and Permits 417,915 Miscellaneous 4,162,321 Other Taxes 512,500 Fines and Forfeits 225,100 Total al General ral Gove vern rnme mental al Funds ds $ 19,129 129,909 09 Tax Increments Funds 428,655 Enterprise Funds 6,603,635 Internal Service Funds 4,609,264 Grand d Total al All Funds $ 30,771 771,463 63

Proposed Expenditures for 2015 20,000,000 18,000,000 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 0 Expenditures 19,129,909 General Government Services Tax Increment Funds 428,655 6,603,635 Enterprise Funds 4,609,264 Internal Service Funds

2015 Proposed Tax Levy by Fund Capital Improvement Fund 23% Debt Service Fund 3% Port Authority Fund 1% General Fund 52% Library Fund 21%

Tax Levy (2006-2015) 5,000,000 4,500,000 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 2010 2011 2013 2014 2015 2006 2007 2008 2009 2012

GENERAL FUND Expenditures General Administration $ 2,050,327 6,000,000 5,000,000 Public Safety 5,879,410 4,000,000 Streets and Highways 3,607,149 3,000,000 2,000,000 Parks and Recreation 2,488,480 1,000,000 Economic Development 201,500 0 General Administration Streets and Highways Public Safety Parks and Recreation Capital Outlay and Other Economic Development Capital Outlay and Other 849,900 Total al GENERAL FUND $ 15,07 076, 6,766 766

General Administration 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 Finance and MIS Assessor City Attorney Human Resources Administration Senior Center Prosecuting Attorney Planning/Zoning City Hall Clerk and Elections Public Relations Mayor and City Council

Public Safety 4,500,000 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 Police Building Inspection Fire Other

Streets and Highways 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 Engineering Streets Lighting Other

Parks and Recreation Recreation Admin., Other, $86,667 $439,441 Arenas, $474,487 Pool, $153,610 Nature Center, $354,365 Parks Forestry, Maintenance, $214,517 $725,393 Downtown Flowers, $40,000

Other General Fund Economic Development, $201,500 Contingency, $165,500 Capital Outlay and Other, $684,400

RECREATION PROGRAMS FUND Adult Softball $ 31,000 Volleyball Club $ 6,000 Adult Volleyball $ 6,500 Youth Winter $ 450 Basketball Community Gardens $ 1,900 Youth Wrestling $ 4,000 Disc Golf $ 100 Canoeing $ 500 Horseshoe Club $ 1,360 Crafts $ 1,200 Invitational $ 2,000 Tournaments Nature Center $ 1,000 Recreation Programs $ 12,000 Donations Energy Fair $ 15,000 Southern Minny Fast $ 10,000 Pitch Skiing $ 4,200 Winter Recreation $ 1,313 Summer Recreation $ 10,000 Special Events $ 8,700 Programs

LIBRARY FUND Tax Levy $ 917,000 Book Fines 2% Charges Other County Contribution 183,300 for 2% Services 1% Charges for Services 10,900 County Contrib Book Fines 25,000 ution 16% Other 25,876 Tax Total al LIBRARY FUND $ 1,162 162,076 76 Levy 79%

POLICE PERA FUND Interest Earnings $ 0 Interest Use of Fund Balance 185,000 Earnings 0% Total al POLICE PERA FUND $ 185, 5,000 00 Use of Fund Balance 100% This fund will be liquidated to pay for our share of a new Radio Tower for the LEC..

FIRE PERA FUND Interest Earnings $ 10,000 Interest Earnings Use of Fund Balance 390,000 3% Total al FIRE PERA FUND $ 400, 0,000 00 Use of Fund Balance 97% The expenditures in this fund will be used to pay for capital repairs at the Fire Department.

ECONOMIC DEVELOPMENT FUND • Revenue Sources: – Loan Interest from • Eagles Club • Ellumilite • Lakeside Properties • Cooperative Response Center ($225,000 loan) • Expenditure Uses: – Source of Fund Balance

DEBT SERVICE FUNDS Special Assessment Debt Service Tax Increment Debt Service 100,000 160,000 90,000 140,000 80,000 120,000 70,000 100,000 60,000 80,000 50,000 60,000 40,000 40,000 30,000 20,000 20,000 0 Redevelop. Agree. 2002C Bonds 2002D Bonds 2009A Bonds 10,000 0 2004B Bonds 2009A Bonds

CAPITAL IMPROVEMENT REVOLVING FUND Revenues Expenditures 1,200,000 800,000 700,000 1,000,000 600,000 500,000 800,000 400,000 600,000 300,000 200,000 400,000 100,000 200,000 0 Sidewalk/Alley Repairs Streets Trails Management Services Other Downtown Streetscape 0 Tax Levy Grants Other Assessments

SEWER USER FUND Revenues Expenses Interest, Wages $35,000 Other, and Other, $195,000 Benefits, $1,516,560 $1,693,475 Capital, Industrial, $120,500 Prof. $1,770,759 Services, Reserves, $1,089,960 Domestic, Supplies, $650,000 $3,226,936 $157,200

WASTE TRANSFER STATION FUND Transfer Station Rental $ 65,000 Repairs and Maint. Interest Earnings 0 Other 42% 17% Use of Fund Balance 20,180 Total al WASTE TRANSF SFER $ 85,18 180 STATIO TION FUND Capital Outlay 41%