F Y 2018-2019 Budg e t Upda te Ma y 22, 2018 T he Re c o mme nde - PowerPoint PPT Presentation

F Y 2018-2019 Budg e t Upda te Ma y 22, 2018

T he Re c o mme nde d F Y19 Budg e t is BAL ANCE D!

Ag e nda • Re ve nue Upda te d Ge ne ra l F und • • Ca pita l I mpro ve me nts • Othe r I nitia tive s a nd I ssue s • Ne xt Ste ps • Q&A

Ge ne ra l F und Re ve nue I nc re a se s Sour c e F Y18 Adopte d F Y 19 Pr opose d Diffe r e nc e Ge ne r al F und Re ve nue $36,698,521 $37,730,553 $1,032,032 • Highlights: • T ra nsa c tio n Privile g e T a x - $862,357 • VL T – $50,000 • Gra nt I nc re a se s – $119,000 • Sta te Sha re d Sa le s T a x I nc re a se - $166,469 • L e isure a nd L ib ra ry Se rvic e s – $60,258

Ge ne ra l F und Ve hic le s • $500,000 – PD Cro wn Vic Ro ta tio n • $200,000 - I nte rna tio na l Bus • $45,000 - F o rd Utility T ruc k • $45,000 - F o rd E c o no line Va n • $35,000 - Che vy 1/ 2 T o n Pic kup • $35,000 - F o rd 3/ 4 T o n Pic kup • $35,000 - F o rd 3/ 4 T o n Pic kup • $35,000 - Che vy 1/ 2 T o n Pic kup • $35,000 - PD De te c tive E xplo re r

Ca pita l I mpro ve me nts (pa id b y CI F ) • $12,000 Sta irc a se Co nstruc tio n– F le e t • $15,000 K e nne l Upg ra de - ACO • $35,000 2-Pe rso n L ift - F a c ilitie s • $63,000 F ire Pa ne l Upg ra de – PCC & OYCC • $125,000 Se c urity Ga te Re pla c e me nt - PCC • $185,000 HVAC Re pla c e me nt (PD Co mpre sso r 1&2; PCC Sho ps; F le e t AC # 1; PD Bo ile r # 2) • $205,000 He a te r Re pla c e me nt - Co ve

Ca pita l I mpro ve me nts c o nt. (pa id b y CI F ) • $73,800 – F ire Ra dio Re pla c e me nt (18 ra dio s) • $140,000 - Upg ra de E le c tric a l Pe de sta ls – Ve te ra ns Me mo ria l Pa rk • $245,000 – Ne w Se rve r (I T / SAN I nfra struc ture ) • $300,000 - F ire E q uipme nt (5 he a rt mo nito rs; 9 SCBA re pla c e me nts) • $663,604 - Do ming o Pa iz L ig hting Pro je c t

Ca pita l I mpro ve me nts c o nt. (pa id b y CI F ) • $92,250 – Axc e ss E ne rg y Ma na g e me nt – City Bldg s • $120,500 – Ca rd Ac c e ss – City Bldg s • $150,000 – City Ha ll Re mo de ling • $500,000 – Sc ho o l Distric t T e na nt I mpro ve me nt (K ing s Co urt)

Pro po se d F ina nc ing • I nte rna tio na l Bus • Che vy 1/ 2 T o n Pic kup • F o rd Utility T ruc k • F o rd 3/ 4 T o n Pic kup • F o rd 3/ 4 T o n Pic kup • Che vy 1/ 2 T o n Pic kup • F o rd E c o no line Va n • Do ming o Pa iz L ig hting Pro je c t

Ca pita l I mpro ve me nt Pla n 1. Ba ll fie ld re no va tio n - $3,050,000 2. No rth Ga rde n/ F ry Blvd. impro ve me nt Pha se I & I I -(Pha se I funde d thro ug h MPO $2,573,598, Pha se I I unfunde d $5,000,000) 3. T he Co ve re no va tio n - $490,000 4. Re pla c e o utda te d ha nd-he ld ra dio s fo r F ire - $73,800 (funde d) 5. Ne w c o mmunity c e nte r - se c tio n 36 de ve lo pme nt - $8,000,000 6. Pa rking a nd spo rts c o mple x impro ve me nt $200,000

Ca pita l I mpro ve me nt Pla n 7. Upg ra de F ire sta tio n a le rt syste m - $1,900,000 8. Multi use pa th (MUP) pro g ra m in the City - $1,000,000 9. E le c tric a l pe de sta l upg ra de a t the b a nd she ll - $140,000 (funde d) 10. E me rg e nc y o pe ra tio ns c e nte r re mo de l a t PD - $270,000 11. Visito r c e nte r re lo c a tio n - $800,000

Ca pita l I mpro ve me nt Pla n 12. Ne w e missio n c o ntro l de vic e s in the F ire sta tio n b a ys - $60,000 13. Ne w b a ll fie ld - $700,000 pe r a rtific ia l turf b a ll fie ld 14. City Ha ll impro ve me nts o r re mo de l - $2,000,000 15. Ne w ma inte na nc e b uilding a t Ve te ra ns Me mo ria l Pa rk - $100,000 16. Mo b ile c o mma nd po st re no va tio n - $400,000 to $580,000

Ca pita l I mpro ve me nt Pla n 17. Ve hic le c o ve re d she lte r a t PD - $62,000 18. F S # 1 a nd # 2 pa ve me nt pro je c t - $250,000

F ina nc ing Unfunde d Ca pita l Bo nd Size st. Annua l Pa yme nts a x inc re a se E E st. T $ 5,000,000 $ 366,000 0.055% $ 10,000,000 $ 732,000 0.110% $ 15,000,000 $ 1,098,000 0.165% $ 20,000,000 $ 1,464,000 0.220 % $ 24,462,000 $ 1,789,000 0.270% E st. $333,000 pe r 0.05% inc re a se fo r a ll ta xe s c urre ntly a t 1.95% (i.e . ra ising ta x ra te fro m 1.95% to 2.00%)

HURF Ca pita l • F ry to wn site impro ve me nts $15,000 • ADA side wa lk ra mps $23,522 • Che vy ½ T o n Pic kup $35,000 • Co rra l Ro a d impro ve me nt c / o $50,000 • Curb , g utte r a nd side wa lks 5 th stre e t $69,288 • Alle y impro ve me nts 1 st a nd 2 nd stre e t $75,000 • 7 th stre e t striping o b lite ra tio n $79,000 • Cha rle sto n Wa ll c / o $250,000

HURF Ca pita l c o nt. • Annua l stre e t ma inte na nc e $764,213 • De sig n a nd insta lla tio n o f a da ptive sig na l c o ntro ls $910,224

MPO Ca pita l • F ry Blvd a nd No rth Ave De sig n $265,000 • F ry Blvd a nd No rth Ave Co nstruc tio n $2,308,598

F uture Budg e t I ssue s • Co ntinua l PSPRS Re tire me nt Co st I nc re a se s • Ma inta ining Cla ss Co mp Pla n • Spo rts F ie ld Ca pa c ity • Ca pita l Ma inte na nc e Pla n • OYCC Re pla c e me nt

Ne xt Ste ps T e nta tive b udg e t b o o k to b e distrib ute d to Co unc il b y • Ma y 25, 2018 Budg e t wo rk se ssio ns June 11 a nd 13, 2018 • T e nta tive b udg e t vo te June 28, 2018 • F ina l b udg e t vo te a nd Pro pe rty ta x he a ring • July 26, 2018 Pro pe rty ta x vo te Aug ust 9, 2018 •