Public Hearing

2011 City Budget

2011 Budget Highlights

An increase of about $2,193,572 in total property taxes.($1,494,382 for the Bond & Interest Fund)

No increase in sales tax projections for 2011.

The addition of two rental inspectors as well as an office assistant and educator for the new Discovery Center that are intended to be revenue neutral.

With the above exceptions, all other spending in the General Fund remains flat.

Rate increases for the water, wastewater, and stormwater utilities in 2011.

22011 City Budget

Proposed 2011 City Budget

2010 City Budget

2011 Proposed City Budget

General Fund $ 23,122,213 $ 23,253,312

Special Revenue Funds

41,542,422 41,961,201

Bond & Interest Fund 13,484,910 17,655,525

Enterprise Funds 21,008,905 22,175,500

Totals: $ 99,158,450 $ 105,045,538

32011 City Budget

2011 Budget Snapshots

Property Tax Funds2010

Budget2011

Proposed

General Fund $ 23,122,213 $ 23,253,312

Bond & Interest $ 13,484,910 $ 17,655,525

RCPD $ 11,847,984 $ 12,321,888

Library $ 2,420,019 $ 2,439,494

City Employee Ben. $ 1,382,136 $ 1,707,000

(continued)

[.6%]

[30.9%]

[4.0%]

[.8%]

[23.5%]

42011 City Budget

2011 Budget Snapshots

Property Tax Funds2010

Budget2011

Proposed

Industrial Promo. $ 420,429 $ 295,000

KP&F (Fire) $ 675,916 $ 597,940

Fire Equip. Reserve $ 591,591 $ 451,399

[-29.8%]

[-11.5%]

[-23.7%]

52011 City Budget

2011Proposed

City Budget2010

City Budget

$ 99,158,450 $ 105,045,538

All Other Funds

2011 Budget Overview

62011 City Budget

Bond & InterestFund

General Fund

All Other Funds

General Fund

Bond & InterestFund

$ 5,887,088increase

BudgetIncrease

$ 4,170,615 increase in

Bond & Interest Fund

$ 418,779 increase in Special Revenue Funds

$ 1,166,595 increase in all Enterprise Funds

2011 Budget Overview2011

Proposed City

Budget $ 131,099 increase in General Fund

72011 City Budget

CIP – Budget Impact

2008 2009 2010 2011

General $ 525,950 $ 294,483 $ 289,650 $ 153,200

Fire Equipment Reserve 181,128 8,000

- 20,000

Special Street & Highway 800,000 1,429,753 1,141,700 985,000

General Improvement 73,100 35,000 50,000 50,000

Special Parks & Recreation 172,750 240,400 135,937 295,000

Park Development 111,000 24,000

- -

Other Special Revenue 1,978,754 835,800 488,300 570,700

Short Term Financing

-

- 32,790 77,112

Water 1,760,700 1,765,000 802,200 437,164

Wastewater 716,700 547,000 861,200 909,792

Stormwater 300,000 299,612 565,000 512,000

Budget Impact: $ 6,620,082

$ 5,479,048

$ 4,366,777

$ 4,009,968

82011 City Budget

Property Tax Levies

City Services2010

Mill Levy

2011 Proposed Mill Levy

Change

General Fund 2.721 2.687 (0.034)Bond & Interest 2.096 5.486 3.390

Employee Benefit Fund 0.737 1.437 0.700Fire Equipment Reserve 0.116 0.114 (0.002)General Improvement 0.000 0.000 ------

Park Development 0.000 0.000 ------KP&F 0.347 0.171 0.176

Industrial Promotion 0.000 0.000 ------

Outside AgenciesRCPD 25.523 26.249 0.687

Library 4.247 4.168 (0.079)Library EBF 0.932 0.914 (0.018)

Riley County Health 0.531 0.610 0.079

Totals: 37.289 41.836 4.54792011 City Budget

Homeowner Impact (approximate home value $232,500)

City Services $ 1062010 Mill Levy of

37.289

2011 Mill Levy of

41.836

Proposed Change

4.547

General Fund $ 72 $ 72 $ 0Bond & Interest 55 147 92

Employee Benefit Fund 19 38 19Fire Equipment Reserve 3 3 0General Improvement 0 0 0

Park Development 0 0 0KP&F 9 5 (4)

Industrial Promotion 0 0 0

Outside Agencies $ 29RCPD 675 702* 27

Library 112 111 (1)Library EBF 25 24 (1)

Riley County Health 14 16 2

Totals: $ 984 $ 1,119

$ 134* Includes delinquency102011 City Budget

Questions?

2011 City Budget

Second Reading of 2011 Budget Ordinances on August 24th