2016 Budget Presentation City Council Meeting November 19, 2015

2016 Budget Presentation

City Council Meeting November 19, 2015

2016 BudgetAgenda

• 2016 BUDGET REVISIONS

• 2016 BUDGET SUMMARY

• Operating Funds

• Special Revenue Funds

• Capital/Equipment Replacement Funds

• 2016 FTE Report


2016 BudgetRevisions


• Adjusted new home construction assessed value per County Assessor Office• Reduced property tax estimate $17,000

• Adjusted funding for Community Outdoor Recreation Complex due to sale of CP-5• Reduced REET funding by $755,000 to $2,245,000

• Increased PIF funding for land acquisition $755,000

• Added Live Scan Finger Print Scanner purchase• $16,000 expense

• $14,000 NCHIP grant and $2,000 City match

• Added construction of Abrams Park Pedestrian Bridge• Reallocate existing budget of $30,000 from 2015 to 2016

2016 BudgetFinal Draft

City Council Meeting November 19, 2015 4

2016 Budgeted Revenue

2016 Budgeted Expense

001 General Fund $ 4,810,035 $ 5,315,531 101 Street Fund 657,097 656,149 111 Drug Fund 1,150 3,500 406 Water Operating 1,703,212 1,668,959 407 Sewer Operating 1,831,496 1,831,446 408 Stormwater Operating 404,410 844,841

9,407,400 10,320,426

105 Real Estate Excise Tax 500,000 2,313,200 114 Park Impact Fee 465,940 1,364,000 115 Traffic Impact Fee 155,645 355,000 416 Water Utility SDC 707,250 781,275

1,828,835 4,813,475

300 General Capital Projects 6,859,850 6,859,800 410 Utility Capital Projects 2,954,550 2,954,500 501 Equipment Replacement (ERF) 165,759 123,400

9,980,159 9,937,700 $ 21,216,394 $ 25,071,601

Total Operating

Total Special Revenue

Total Capital/ERFTotal Budget

Operating Funds

Special Revenue Funds

Capital Project/Equipment Replacement

2016 Budget2015-2016 Operating Funds Revenue Comparison


Fund Description 2015 Revenue

Budget 2016 Revenue

Budget Percentage

Change

General Fund 4,285,497$ 4,810,035$ 12.24%

Street Fund 513,984 657,097 27.84%

Drug Fund 5,850 1,150 -80.34%

Water Fund 1,280,546 1,703,212 33.01%

Sewer Fund 771,654 1,831,496 137.35%

Storm Water Fund 365,516 404,410 10.64%

Total Operating Revenue 7,223,047 9,407,400 30.24%

Total Operating Revenue w/o Debt Service 7,223,047 8,124,415 12.48%

2016 BudgetOperating Funds Expense Comparison


Fund Description 2015

Expense Budget

2016 Expense Budget

Percentage Change

General Fund 4,882,468$ 5,315,531$ 8.87%Street Fund 544,049 656,149 20.60%Drug Fund 1,100 3,500 218.18%Water Utility 1,105,924 1,668,959 50.91%Sewer Utility 1,408,622 1,831,446 30.02%Stormwater Utility 317,837 844,841 165.81%

Total Operating Expense 8,260,000 10,320,426 24.94%Total Operating Expense w/o Debt Service 8,260,000$ 9,037,441$ 9.41%

2016 BudgetOperating Funds Expense


General Fund52%

Street Fund6%

Drug Fund0%

Water Operating16%

Sewer Operating18%

Stormwater Operating8%

Chart Title

2016 BudgetOperating Funds – Fund Balance Impact


Beginning Fund Balance



Ending Fund Balance

Change In Fund Balance

001 General Fund $ 2,299,599 $ 4,810,035 $ 5,315,531 $ 1,794,102 (505,497)$ 101 Street Fund 25,260 657,097 656,149 26,208 948 111 Drug Fund 15,981 1,150 3,500 13,631 (2,350) 406 Water Operating 1,442,187 1,703,212 1,668,959 1,476,440 34,253 407 Sewer Operating 89,492 1,831,496 1,831,446 89,542 50 408 Stormwater Operating 591,426 404,410 844,841 150,995 (440,431)

4,463,945 9,407,400 10,320,426 3,550,919 (913,026) Total Operating

2016 Budget2015-2016 General Fund Revenue Comparison


Description 2015

Budget 2016

Budget Percentage

ChangeProperty Tax 915,000 965,000 5.46%Retail Sales & Other Tax 1,015,259 1,162,295 14.48%Utility Taxes 710,735 796,015 12.00%License & Permits 414,475 537,990 29.80%Planning & Development 410,250 432,730 5.48%Fines & Forfeits 90,500 92,248 1.93%Charge for Goods & Services 359,976 418,815 16.35%Intergovernmental/Grant 327,652 300,831 -8.19%Other Revenue/Donations 41,650 104,111 149.97%

General Fund Revenue 4,285,497 4,810,035 12.24%

2016 BudgetGeneral Fund Revenue Structure


20.06%, Property

Taxes

24.00%, Retail Sales Taxes

16.55%, Utility Taxes

0.17%, Other Taxes

11.18%, Licenses & Permits

5.88%, Intergov-ernmental (State Shared Revenue)

8.71%, Charges for Goods &

Services

9.00%, Planning & Development

1.92%, Fines and Forfeits 0.38%, Grants2.16%, Other Revenue

2016 Budget2015-2016 General Fund Expense Comparison


Description 2015

Budget 2016

Budget Percentage

ChangeCity Council 57,104 60,940 6.72%Judicial 120,500 128,000 6.22%Executive 185,175 198,428 7.16%Legal 60,000 60,000 0.00%Finance 333,750 323,725 -3.00%Human Resources 177,747 183,135 3.03%Administration 315,952 330,090 4.47%Gen Govt/Facilities 458,811 622,962 35.78%Information Tech 55,400 172,654 211.65%Public Safety 1,326,536 1,523,848 14.87%Civil Service 1,300 1,300 0.00%Cemetery 68,231 29,990 -56.05%Transfers 326,000 604,200 85.34%Community Development 1,050,738 706,755 -32.74%Parks 345,224 369,505 7.03%

General Fund Expense 4,882,468 5,315,531 8.87%

2016 BudgetGeneral Funds Expense


City Council1%

Judicial2%

Executive4% Legal

1%

Finance6% Human

Resources3%

Administration6%

Gen Gov/Facili-ties12%

Information Technology

3%

Public Safety29%

Civil Service0%

Cemetery1%

Street Fund Transfers

11%

Community Development

13%Parks

7%

2016 BudgetGeneral Fund- Fund Balance Impact





Ending Fund Balance


001 General Fund $ 2,299,599 $ 4,810,035 $ 5,315,531 $ 1,794,102 (505,497)$

2016 BudgetSpecial Revenue Funds 2015-2016 Revenue Comparison



Budget 2016 Revenue

Budget Percentage

Change

Real Estate Excise Tax (REET) Fund 589,500 500,000 -15.18%

Park Impact Fees (PIF) Fund 465,302 465,940 0.14%

Traffic Impact Fees (TIF) Fund 91,179 155,645 70.70%

Water SDC Fund 584,750 707,250 20.95%

Total Special Revenue 1,730,731 1,828,835 5.67%

2016 BudgetSpecial Revenue Funds 2015-2016 Expense Comparison


Fund Description 2015 Expense

Budget 2016 Expense

Budget Percentage

Change Real Estate Excise Tax 396,200$ 2,313,200$ 483.85%Park Impact Fee 800,000 1,364,000 70.50%Traffic Impact Fee 45,000 355,000 688.89%Water SDC 401,467 781,275 94.61%Total Special Revenue 1,642,667$ 4,813,475$ 193.03%

2016 BudgetSpecial Revenue Funds Expense


REET48%

PIF28%

TIF7%

Water SDC16%

2016 BudgetSpecial Revenue Fund Impact





Ending Fund Balance


105 Real Estate Excise Tax 3,284,314 500,000 2,313,200 1,471,114 (1,813,200) 114 Park Impact Fee 2,056,672 465,940 1,364,000 1,158,612 (898,060) 115 Traffic Impact Fee 848,190 155,645 355,000 648,835 (199,355) 416 Water Utility SDC 3,702,260 707,250 781,275 3,628,235 (74,025)

9,891,436 1,828,835 4,813,475 6,906,796 (2,984,641) Total Special Revenue

2016 BudgetCapital & ERF Funds 2015-2016 Revenue Comparison



Budget 2016 Revenue

Budget Percentage

Change

General Capital Fund 1,446,550 6,859,850 374.22%

Utility Capital Fund 4,356,410 2,954,550 -32.18%

Equipment Replacement Fund 160,266 165,759 3.43%

Total Capital/Equipment Replacement 5,963,226 9,980,159 67.36%

2016 BudgetCapital & ERF Funds – Expense Comparison


Fund Description 2015

Expense Budget

2016 Expense Budget

Percentage Change

General Capital Project 1,445,800$ 6,859,800$ 374.46%Utility Capital Project 4,436,360 2,954,500 -33.40%Equipment Replacement 149,695 123,400 -17.57%

Total Capital/Equipment 6,031,855$ 9,937,700$ 64.75%

2016 BudgetCapital & ERF Fund Impact





Ending Fund Balance


300 General Capital Projects 92,272 6,859,850 6,859,800 92,322 50 410 Utility Capital Projects 4,605 2,954,550 2,954,500 4,655 50 501 Equipment Replacement (ERF) 113,010 165,759 123,400 155,369 42,359

209,887 9,980,159 9,937,700 252,346 42,459 Total Capital/ERF

2016 BudgetFTE Comparison


Department 2006 2007 2008 2009 2010 2011 2012 2013 2014 20152016

BaselineExecutive 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Finance 2.00 3.00 3.00 3.00 3.00 3.00 2.00 2.50 3.00 3.00 3.00 Human Resources 1.35 1.35 1.30 Administration 3.00 3.00 3.00 3.00 3.00 3.00 4.00 4.00 3.45 3.65 3.70 General Government/Facilities 0.75 0.55 1.15 0.85 0.75 0.88 0.45 0.47 0.54 0.54 0.92 Public Safety 8.00 8.00 9.00 8.50 8.33 8.50 9.00 9.00 10.00 10.00 11.00 Cemetery 0.15 0.13 0.18 0.33 0.32 0.29 0.32 0.34 0.60 0.60 0.24 Community Development 7.00 7.90 7.40 4.20 1.10 1.10 1.75 2.05 2.25 4.25 4.25 Parks 1.50 1.33 1.45 1.05 1.65 1.60 2.26 2.34 3.19 3.19 3.21 Streets 1.22 1.24 1.42 1.22 1.12 1.30 1.43 1.51 1.76 1.76 2.41 Water 4.65 4.65 3.95 3.35 3.50 3.50 3.55 3.63 3.90 3.90 3.94 Sewer 4.58 5.05 4.05 4.05 4.30 4.10 3.75 3.83 1.80 1.80 2.39 Stormwater 0.40 0.40 0.40 0.45 0.60 0.57 0.91 0.95 2.06 2.06 2.14

Total 34.25 36.25 36.00 31.00 28.67 28.84 30.42 31.62 34.90 37.10 39.50 Total General & Street Fund 24.62 26.15 27.60 23.15 20.27 20.67 22.21 23.21 27.14 29.34 31.03 % General & Street Fund 72% 72% 77% 75% 71% 72% 73% 73% 78% 79% 79%Total Utility Funds 9.63 10.10 8.40 7.85 8.40 8.17 8.21 8.41 7.76 7.76 8.47 % Utility Funds 28% 28% 23% 25% 29% 28% 27% 27% 22% 21% 21%

Annual Change: 2.00 (0.25) (5.00) (2.33) 0.17 1.58 1.20 3.28 2.20 2.40



2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Baseline -

5.00

10.00

15.00

20.00

25.00

30.00

35.00

40.00

45.00

34.25 36.25 36.00

31.00 28.67 28.84

30.42 31.62

34.90 37.10

39.50

Total Full Time Equivalent Employees: 2006-2016



2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Baseline -

2.00

4.00

6.00

8.00

10.00

12.00

10.10 9.45

8.51

6.81 6.02 5.80 5.84 5.70 5.78 5.80 5.76

7.26 6.82 6.52

5.09 4.26 4.15 4.26 4.19 4.50 4.58 4.52

Total Employees per 1,000 Population: 2006-2016

All FTE General & Street Fund FTE

Next Steps


• Second Reading and Pubic Hearing for 2016 Budget – December 3, 2015

• Adoption of 2016 Budget December 3, 2015

• Publish budget on City website

• Transmit budget to MRSC, Association of Washington Cities and State Auditor’s Office

24

Thank You


• Acknowledgements• Budget Advisory Committee

• Management Team

• Finance Department

• Questions

25

Documents

2016 Budget Presentation City Council Meeting November 19, 2015