HomeMy WebLinkAbout2017-0420 Documents Submitted at Mtg
General CDBG Street Airport CIP Debt Water Waste Storm Electric
water water
Budgeted;
0 810,000 325,000 30,000 5,000
Contingency 800,000 100 00,000 10,000 60,300
Ending fund balance - -1,692,204 154,734 2,728 122,022 163,432 1,297,104 5,701,379 3,717,637 1,177,760
3871574
2017/19 total carryover 2,492,204 154,734 2,828,671 132,022 223,732 1,297,104 6,511,379 4,042,637 ! 1,207,760 612,574
Ending fund balance percentage to policy 98.4% 483.5% 943.00/6 32.7% 404.4%, 248.8% 1258.7%' 30.1%
- - -
Telecomm Central Insurance Health Equipment Cemetery Parks Parks CIP Parks Totals
Services Services Benefits Trust Equipment
Budgeted:
Contingency 105,000 235,000 38,500 500,000 95,700 0 195,000 0 10000, 3,539,500
Ending fund balance 227,510 241,211 164,995 329,693 1,503,923 1,009,771 117,045 233,010 426,589 21,396,264
-
2017/19 total carryover 332,510 476,211 203,495 1,599'623 1 1,009,771 312,045 233,010 i
- 436,5891 24,935,764_-
_ 829~-693 - -
Endingfund balance percentage to policy 75.6/0 207.0%---- o 20.3% o 100.0%38.1%1
Below fund balance policy
* Minimum operating fund balance is not needed
**The Debt Service Fund will maintain a restricted balance of annual revenue as required by the specific debt instrument.
***The Health Benefits Fund will maintain a committed balance as recommended as required to meet financial obiligations of the plan.
Contingency Policy
3% of annual operating expenditures
3% of annual revenues
L-A-;.O t'1
Consolidated Add-ins List, With Possible implications for Budget Parameters for BN2017-19
rn No. P Name Cost Resource(s) Notes
k f
3 Police Staffing Increase $565K/yr Utility user Pending Council decision: I additional
officer per (4) shifts + restore School
i charge ?
Resource Officer
4 CEAP Implementation $105K/yr Proposed new staff position; populate
Commission & assign Liaison. Who
staffs between now and July?
7 Parking $150K/yr Is there support? Alternative: build pay-
to-park structure(s), funded via Urban
Renewal or bond
9 Housing Trust Fund $600K/yr HHSC requests rev stream. To be used
HTF for specific recommended projects
subject to Council discretion.
14 Rebuild Reserve Fund TBD Level in base budget is below target.
17 Assistant City $200K/yr
Administrator
18 City-wide Urban Design $150K
Plan
22 Emergency Shelter contract $8K: 2016 Renew (w/ OHRA) for 2017?
DHI 1 FTE Permit $122K/118 + $7,500/yr for Com/Dev Training
Ombudsperson K
DH2 I FTE Depty Fire Marshall $64K/yr? Increased Permit and Inspection Fees?
y • y.o • 1'1
BN2017-19 Possible Revenue Sources
FY2017-18 Total Notes
No. Source T e FY2017-18
YA Biennium
j 1 9 0 /1000 Unassessed Property Stream $220,240 $227,900 ! $448,140 Assuming 94% collection
Tax rate
2 Water and/or Elec Meter Chrg Stream $5651000 $5651000 $1113000
- - L , -
Increase Water Fund Franchise Stream $155,000 $155,000 $310,000 Removing Recession-
3
Fee from 6 to 8% approved temporary
4 Marijuana Tax Subventions Stream $551000 $5500 $11000 Conservative estimate
Appoint existing EE/City Stream $139,000 $145,400 $294,000 Includes salary adj. for
5 Recorder duties affected EEs