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City of Marshall2015 Budget/Tax Levy
Public HearingDecember 9, 2014
6:30 p.m.
Office of the City Administrator
Budget/Tax Levy Meeting
Initial Hearing, 6:30 P.M. December 9, 2014 Continuation Hearing 5:30 P.M. December
23, 2014 (if continued by Council tonight). Adoption, December 23, 2014
Presentation
Focus on those funds related to property tax levies.
Historical information on tax rates. Revenues and Expense Summaries 2015. Public Comment or Questions.
Certified Levy 2014 $5,119,357 Certified Preliminary Levy 2015 $5,380,444 The proposed increase from 2014-2015 is
$261,087, or increase of 5.1%.
Proposed Tax Levy
Total proposed — All non-property tax = Property tax revenue needed (levy)local budget revenue, eg:
*State aid*Fees, etc.
Taxable x State mandated class = Total "tax capacity" market value rates
Property tax ÷ Total "tax capacity" = Property tax rate ("tax capacity" revenue needed extension rate)(levy)
How are property tax rates determined?
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Proposed
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
34.030%
36.660%
34.220%33.845%
32.446%
28.686% 28.841%29.752%
29.404%
24.212%
24.631%
53.280%
50.540%
47.430%
48.794%
50.331%
44.144%
41.567%
41.010%
36.427%
31.760% 31.811%
46.460% 46.870% 46.570%
51.770%
49.026% 49.102%
49.741%
50.106%
50.195% 50.192%
50.991%
History of Local (Tax Capacity Rates)
School County City
PAYABLE YEARS 2005 - 2015
Tax C
apaci
ty R
ate
s
County
City
School
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Tax Capacity Without TIF 6777687 7463527 8215275 8520358 9061565 9506725 9663390 9605127 9913382 10745011 11163962
TIF Tax Capacity 1145119 1157109 1211481 1248477 1302986 969691 936888 594484 598146 545463 597760
Series3 NaN NaN NaN NaN NaN NaN NaN NaN NaN NaN NaN
Total Tax Capacity 7922806 8557866 9426756 9768835 10364551 10476416 10600278 10199611 10511528 10199548 10566202
500,000
1,500,000
2,500,000
3,500,000
4,500,000
5,500,000
6,500,000
7,500,000
8,500,000
9,500,000
10,500,000
11,500,000
City of MarshallTax Capacity - (2005- 2015)
Property & Franchise Taxes
436432139%
Licenses & Permits300435
3%Intergovernmental Revenues
306420828%
Charges For Service1832978
16%
Fines & Forfeits110900
1%
Misc. Revenues244592
2%
Other Financing Sources1220993
11%
GENERAL FUND FY 2015 REVENUES
$11,138,427
General FundREVENUE COMPARISONS
2013 - 2015REVENUE COMPARISONS AUDIT 2013 BUDGET 2014
PROPOSED BUDGET 2015 DIFFERENCE $
DIFFERENCE %
Taxes $3,901,645.00 36.98% $3,855,392.00 37.04% $4,364,321.00 39.18% $508,929.00 13.20%
-Current Ad Valorem 3,293,637 31.21% 3,270,392 31.42% 3,711,821 33.32% $441,429.00 13.50%
-Franchise Tax 607,920 5.76% 585,000 5.62% 652,500 5.86% $67,500.00 11.54%
-Special Levies 88 0.00% 0 0.00% 0 0.00% $0.00 #DIV/0!
-Lodging Tax 0 0.00% 0 0.00% 0 0.00% $0.00 #DIV/0!
Licenses & Permits $351,608.00 3.33% $302,840.00 2.91% $300,435.00 2.70% -$2,405.00 -0.79%
Intergovernmental
Revenues $2,819,949.00 26.73% $2,984,422.00 28.67% $3,064,208.00 27.51% $79,786.00 2.67%
-Federal Grants 0 0.00% 0 0.00% 0 0.00% $0.00 #DIV/0!
-State 2,744,238 26.01% 2,908,762 27.94% 2,988,548 26.83% $79,786.00 2.74%
-Other Govt. Units 75,711 0.72% 75,660 0.73% 75,660 0.68% $0.00 0.00%
Charges For Service $1,251,113.00 11.86% $1,309,249.00 12.58% $1,832,978.00 16.46% 523,729.00 40.00%
Fines & Forfeits $121,536.00 1.15% $121,050.00 1.16% $110,900.00 1.00% (10,150.00) -8.38%
Misc. Revenues $388,784.00 3.68% $232,550.00 2.23% $244,592.00 2.20% 12,042.00 5.18%
Sub-Total
REVENUES $8,834,635.00 83.73% $8,805,503.00 84.59% $9,917,434.00 89.04% 1,111,931.00 12.63%
Other Financing Sources $1,716,859.00 16.27% $1,604,597.00 15.41% $1,220,993.00 10.96% (383,604.00) -23.91%
TOTAL REVENUES $10,551,494.00 $10,410,100.00 $11,138,427.00 $728,327.00 7.00%
General Fund$3,707,821
69%
Library$554,034
10%
Economic Development $119,677
2%
Debt Service$933,198
18%
Debt Service (Abatement), $65,714, 1%
TOTAL $5,380,444
2015 Marshall Property Tax Levy
Fund Description Property Tax Levy Funding ($)
General Fund $3,707,821
Library $554,034
Economic Development $119,677
Debt Service $933,198
Debt Service (Abatement) $65,714
Subtotal $5,380,444
2015 ProposedUse of Property Tax Revenue
HOW IS MY 2015“CITY”TAX DOLLAR ($1.00) SPENT?
General Fund LibraryDebitService (1)
Economic Development (2)
69¢ 19¢10¢ 2¢
14¢ - General Government – (Senior Center, Transit, Data Processing, Municipal Building, Community Development, Administration, Finance/Clerk, Assessing, Legal, Cable, Mayor/Council, Motor Pool, Duplication, Safety, Human Rights)
21¢ - Public Safety – (Police, Fire, Emergency Management, Animal Control, Chemical Assessment Team, Ambulance Bldg.)
22¢ - Public Works – (Engineering, Street, Airport, Street Lighting, Building Inspection, Public Way Maintenance)
10¢ - Culture & Recreation – (Parks, Recreation, Community Education, Aquatic Center, Band, Ice Arena, Youth Development, Community Services Administration/General)
69¢
02¢ - Other– (Transfer to Capital Equipment Fund)
GENERAL GOVT.2340332
21%
PUBLIC SAFETY3314667
30%
PUBLIC WORKS3525184
32%
CULTURE & RECREATION1621658
15%
OTHER339085
3%
GENERAL FUND FY 2015 EXPENDITURES
TOTAL $11,140,926
General FundEXPENDITURE COMPARISONS
2014-2015
Departments Budget 2014 Proposed Budget
2015 Difference $ Difference %
Mayor & Council $193,254 1.86% $174,280 1.56% ($18,974) -9.82%
Human Rights Comm. $4 0.00% 2 0.00% ($2) -50.00%
Cable Comm. $133,835 1.29% 123,612 1.11% ($10,223) -7.64%
City Administration $337,684 3.24% 356,486 3.20% $18,802 5.57%
Finance/Clerk/Treas. $388,214 3.73% 404,905 3.63% $16,691 4.30%
City Assessing $294,704 2.83% 302,388 2.71% $7,684 2.61%
Legal $114,376 1.10% 116,975 1.05% $2,599 2.27%
Community Dev. $138,301 1.33% 159,353 1.43% $21,052 15.22%
Municipal Building $256,566 2.46% 268,077 2.41% $11,511 4.49%
Safety Comm. $14,635 0.14% 14,428 0.13% ($207) -1.41%
Data Processing $128,231 1.23% 227,366 2.04% $99,135 77.31%
Duplication $18,045 0.17% 16,531 0.15% ($1,514) -8.39%
Motor Pool $4,773 0.05% 3,552 0.03% ($1,221) -25.58%
Transit Service $28,000 0.27% 14,400 0.13% ($13,600) -48.57%
Adult Community Center $153,563 1.47% 157,977 1.42% $4,414 2.87%
TOTAL
GENERAL GOVT. $2,204,185 21.17% $2,340,332 21.01% $136,147 6.18%
Police 2,619,538 25.16% 2,658,303 23.86% $38,765 1.48%
Ambulance - Bldg. 0 0.00% 0 0.00% $0 #DIV/0!
Chemical Assessment Team 57,000 0.55% 61,886 0.56% $4,886 8.57%
Emergency Mgmt Serv 9,559 0.09% 10,061 0.09% $502 5.25%
Fire 630,528 6.06% 561,903 5.04% ($68,625) -10.88%
Animal Control 22,876 0.22% 22,514 0.20% ($362) -1.58%
TOTAL
PUBLIC SAFETY $3,339,501 32.07% $3,314,667 29.75% ($24,834) -0.74%
General FundEXPENDITURE COMPARISONS
2014-2015
Departments Budget 2014 Proposed Budget
2015 Difference $ Difference %
Engineering 730,630 7.02% 793,262 7.12% $62,632 8.57%
Bldg Inspection & Zoning 324,093 3.11% 396,874 3.56% $72,781 22.46%
Streets & Alleys 1,373,397 13.19% 1,437,558 12.90% $64,161 4.67%
Airport 485,679 4.66% 521,267 4.68% $35,588 7.33%
Public Way Maintenance 123,396 1.19% 94,681 0.85% ($28,715) -23.27%
Street Lighting 210,110 2.02% 281,542 2.53% $71,432 34.00%
TOTAL
PUBLIC WORKS $3,247,305.00 31.19% $3,525,184.00 31.64% $277,879 8.56%
Aquatic Center & Skate Park 224,612 2.16% 233,085 2.09% $8,473 3.77%
Park Maintenance 581,575 5.59% 550,204 4.94% ($31,371) -5.39%
Municipal Band 10,350 0.10% 14,607 0.13% $4,257 41.13%
Library 15,197 0.15% 0 0.00% ($15,197) -100.00%
Ice Arena 35,698 0.34% 50,059 0.45% $14,361 40.23%
Comm Serv Admin 332,646 3.19% 341,425 3.06% $8,779 2.64%
Youth Development 38,472 0.37% 38,508 0.35% $36 0.09%
Community Services Gen 17,764 0.17% 16,568 0.15% ($1,196) -6.73%
Community Education 167,155 1.61% 179,538 1.61% $12,383 7.41%
Recreation 173,479 1.67% 197,664 1.77% $24,185 13.94%
TOTAL
COMMUNITY SERVICES $1,596,948 15.34% $1,621,658 14.56% $24,710 1.55%
Capital Equipment $0 0.00% $339,085 3.04% $339,085 #DIV/0!
Insurance Contingency $25,000.00 0.24% $0.00 0.00% ($25,000) -100.00%
TOTAL
EXPENDITURES $10,412,939 100% $11,140,926 100% $727,987 6.99%
GENERAL FUNDExpenditure Breakdown By
Type2014 vs 2015
Budget Proposed 14 to 15
Type of Expenditure 2014 2015 Difference
A. Personnel Services $6,597,854 (63.36%) $6,953,494 (62.41%) $355,640 (5.39%)
B. Supplies and Other
Services/Charges (O&M) 3,435,803 (33.%) 3,848,347 (34.54%) $412,544 (12.01%)
C. Capital Outlay 0 (.%) 0 (.%) $0 #DIV/0!
D. Debt Service/Transfers 379,282 (3.64%) 339,085 (3.04%) -$40,197 -(10.6%)
Total all Types $10,412,939 100.00% $11,140,926 100.00% $727,987 (6.99%)
City of Marshall2015 Budget & Levy Public Hearing
Tuesday, December 9, 2014 - 6:30 P.M.Professional Development Room
Marshall Middle School, 401 South Saratoga Street
1. Public Hearing on 2015 Budget & LevyA. Staff PresentationB. Public Comment
2. Continuation Hearing of 2015 Property Tax Levy/Budget:(if necessary)
December 23, 20146:30 P.M.
Marshall Middle School, 401 South Saratoga Street
3. Adoption of 2015 Property Tax Levy/Budget:Regular City Council Meeting
December 23, 20146:30 P.M.
Marshall Middle School, 401 South Saratoga Street
2014Revenues
2015Revenues
831,424 823,034
2013 Expenses
2015Expenses
862,316 *905,874
Marshall-Lyon County Library
* Based on original budget submitted in September. Library Board December 9th tentative changes approved.
2014Revenues
2015Revenues
119,677 119,677
2014 Expenses
2015 Expenses
129,641 129,817
Economic Development
2015Revenues ($)
2015Expenses ($)
Wastewater 5,114,656 6,421,912
Stormwater 952,665 1,832,417
Liquor Store 3,997,768 3,885,321
Enterprise Funds