City of Grand Junction 2019 Budget Presentation and Public Hearing City Council Meeting December 5, 2018 Presented by Greg Caton, City Manger
Importance of Budget Four main purposes of a budget: 1. As a policy document , the budget indicates what services the City will provide during the next year and spells out the level of services and reasons for their provision; 2. As an operations guide , the budget indicates how departments and funds are organized to provide services to the community; 3. As a financial plan , it summarizes the cost to the taxpayers for current and approved service levels and how they will be funded; 4. As a communications tool , the budget is designed to be user-friendly with summary information in text, charts, tables and graphs.
Budget Process Timeline June May July Review financial Update financial July Update 10-year forecast and set forecast, review Citizen Budget capital plan, budget parameters economic Conversation Department with Department indicators, revenue budgets due Directors estimates August October October November Detail line-item City Manager November Public Presentation and Comment budget review with Recommended Additional Council December Departments Budget Delivered to Budget Workshops Public Hearing and Adoption of September City Council at as necessary Final Budget Budget Balancing Budget Workshop 13 Departments, over 30 employees and 3,000 hours 8-Month Process Six Public Meetings
Strategic Plan • Budget is Developed According to the Strategic Plan • Guiding Principles • Partnership & Intergovernmental Relationships • Fiscal Responsibility • Strategic Directives • Public Safety • Planning & Infrastructure • Diversification of Economic Base • Communication, Outreach & Engagement
2019 Recommended Budget $178.5 Million
Fiscal Responsibility • Prioritize spending • Maintain a 10-year major capital projects plan (5 year balanced) • Maintain general fund 5-year financial forecast • Since 2017, 35 new positions to public safety and first responders • Since 2017, $18 million dedicated to maintenance and improvement of existing street infrastructure • Revenue projections based on economic indicators • Positive job growth, low unemployment, growing population • Sales tax revenues growing; 3% projected increase in 2019 • Fees, rates, and charges based on community benefit, cost recovery, market comparison, rate studies and long-term financial plans
Fiscal Responsibility • Detail Line Item review of department budgets • General Fund projected 2019 ending fund balance $26.9 million which is $8.7 million above or a 48% increase from the fund balance projected in adopted 2018 budget. • Transparency • Budget begins with public input meeting in July • Budget development documents available on-line, Council Workshops open to public • Budget Book published in January, includes detail employee and budget information by Department and operating division • Comprehensive Annual Report compiled and independent audit completed
Voter Authorized Lodging Tax • Budget increased from November 7 th for voter authorized 3% lodging tax • New Fund Established to Account for Revenues and Spending • Estimated Revenues for 2019 $1.57 Million • Visit Grand Junction $653,186 to be more competitive in the travel and tourism market by increasing advertising volume & digital marketing investment, and to monitor Grand Junction brand reputation. • Grand Junction Air Alliance $522,548. Funds available for incentive programs to airlines for direct flights to strategic markets. • Greater Grand Junction Sports Commission $391,912 to support marketing efforts and the development of additional special events.
2019 Recommended Budget Highlights • Full Service Organization with over 35 Distinct Types of Operations Including: • Emergency Medical Services, Wildland Fire Fighting, 911 Dispatch, Police Patrol, Investigations, Bomb Squad, SWAT • Parks, Pools, Trails, Sports Facilities, Recreation Programs • Streets, Engineering, Construction, Trash Service • Water Service, Sewer Service, Golf, Conference Center • Destination Marketing, Legal, Accounting, Human Resource Management • 2019 Recommended Budget is $12.6 million or 7.6% above 2018 Budget • 38% Labor • 23% Capital • 20% Operating • 13% Internal Support (Technology, Fleet, Communication Center) • 6% Debt Service
Questions and Discussion • Greg Caton, City Manager • John Shaver, City Attorney • Doug Shoemaker, Police Chief • Ken Watkins, Fire Chief Special Thanks to Budget Team • Trent Prall, Public Works Director Linda Longenecker, Greg LeBlanc, Brett Bergman, Shelley Caskey • Randi Kim, Utilities Director • Rob Schoeber, Parks & Recreation Director • Jodi Romero, Finance Director • Jay Valentine, General Services Director • Elizabeth Fogarty, Visit Grand Junction Director • Tamra Allen, Community Development Director • Claudia Hazelhurst, Human Resources Director • Wanda Winkelmann, City Clerk
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