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HomeMy WebLinkAbout03/06/2017Council Work Session March 6, 2017 Time indicated below Harold E. Getty Council Chambers Roll Call. Approval of Agenda, as proposed or amended. 3:55 P.M. Discussion of FY 18 budget. Submitted By: Michelle Weidner, Chief Financial Officer ADJOURNMENT Kelley Felchle City Clerk CITY OF WATERLOO Council Communication Discussion of FY 18 budget. City Council Meeting: 3/6/2017 Prepared: 3/1/2017 REVIEWERS: Department Reviewer Action Date t"unaince ➢-0,ven, Q..,eAnn. Approved 3/1/201.7 3:23 PM SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Background Information: Discussion of FY 18 budget. Submitted By: Michelle Weidner, Chief Financial Officer 2016/2017 CITY TAX RATES DEPARTMENT OF MANAGEMENT - LOCAL BUDGET DIVISION LARGEST 15 CITIES RANKED BY POPULATION POPULATION RANKING TAXABLE VALUE 2010 JANUARY 1, 2015 VALUATION CENSUS REGULAR W G&E RANKING AGLAND TOTAL REGULAR LEVY W/O AG RANKII 1DES MOINES 203,433 6,840,954,151 1 5,944,440 16.92000 3 2CEDAR RAPIDS 126,326 6,012,512,982 2 6,474,178 15.21621 7 3 DAVENPORT 99,685 4,022,766,219 4 15,439,787 16.78000 4 4SIOUX CITY 82,684 2,495,210,550 10 4,361,173 16.06708 6 5 WATERLOO 68,406 2,253,084,844 12 12,328,802 17.60522 2 6IOWA CITY 67,862 3,347,028,340 5 1,706,955 16.58305 5 7COUNCIL BLUFFS 62,230 2,547,695,493 9 10,212,746 17.75000 1 8AMES 58,965 2,603,065,698 8 1,648,505 10.37327 14 9DUBUQUE 57,637 2,358,056,508 11 2,944,944 11.16739 13 10WEST DES MOINES 56,609 4,324,075,301 3 6,129,267 12.00000 10 11ANKENY 45,582 2,667,877,529 6 3,458,535 11.75000 11 12URBANDALE 39,463 2,629,574,805 7 3,247,998 9.92000 15 13CEDAR FALLS 39,260 1,574,489,248 14 5,807,960 11.21967 12 14 MARION 34,768 1,393,433,278 15 3,164,617 13.82108 8 15 BETTENDORF 33,217 2,101,207,268 13 4,162,430 12.55000 9 3/6/2017 3:32 PM City of Waterloo FYE2018 Budget Sample Property Tax Collections and Property Tax Changes (Amounts and Percentages) FYE2018 FYE2017 FYE2016 FYE2015 Residential Rollback 56.9391% 55.6259% 55.7335% 54.4002% Commercial Rollback 90.0000% 90.0000% 90.0000% 95.0000% Multi -Residential 82.5000% 86.2500% 90.0000% 95.0000% Total Budgeted Property Tax Collections 40,429,806 40,151,726 40,887,709 State Commercial/Industrial Rollback Replacement 1,717,581 1,811,854 816,902 Total Property Taxes and Rollback Replacement Funds 42,147,387 41,963,580 41,704,611 Monthly Monthly Monthly Net Property Increase Increase Increase Tax Increase % Increase (Decrease) (Decrease) (Decrease) Property Tax Collections (Decrease) This State Comm % Increase (Decrease) Residential Commercial Industrial Increase (Decrease) from Property Tax % Increase Level from Rollback (Decrease) Commercial ($100,000 ($500,000 ($1,000,000 FYE2017 Collections (Decrease) Add'I Rept Funds Residential & Industrial Levy Rate Home) Property) Property) Option 1 - Base Level Requests - Base level includes personnel changes only and use of $500,000 general fund balance 522,026 40,951,832 1.29% (1,061,416) 1,737,297 1.95% -0.40% $ 17.53487 $ 1.59 $ (2.64) $ (5.28) Option 2 - Include Additional Requests - Additional Request level includes revenue changes, other expense changes, use of $500,000 general fund balance 1,583,442 42,013,248 3.92% N/A 1,781,302 4.64% 2.23% $ 17.99789 $ 3.79 $ 14.73 $ 29.45 Option 3 - Council Option A - Includes changes on Council Option A worksheet and use of $500,000 general fund balance 1,534,018 41,963,824 3.79% (49,424) 1,779,192 4.52% 2.11% $ 17.97633 $ 3.69 $ 13.92 $ 27.83 Option 4 - Council Option B - Includes changes on Council Option B worksheet and use of $500,000 general fund balance 467,650 40,897,456 1.16% (1,115,792) 1,733,668 1.81% -0.53% $ 17.51115 $ 1.48 $ (3.53) $ (7.06) Option 5 - Council Option C - Includes changes on Council Option C worksheet and use of $500,000 general fund balance 1,480,370 41,910,176 3.66% (103,072) 1,776,902 4.38% 1.98% $ 17.95293 $ 3.58 $ 13.04 $ 26.08 Option 6 - Prior Year Levy Rate Would need reductions from Additional Level of $937.500 (unidentified) 684,326 41,114,132 1.69% (899,116) 1,742,918 2.36% 0.00% $ 17.60522 $ 1.93 $ 0.00 $ 0.00 Option 7 - No Change in Residential Taxes Would need reductions from Additional Level of $1,910,000 (unidentified) (248,357) 40,181,449 -0.61% (1,831,799) 1,703,101 0.00% -2.31% $ 17.19881 $ (0.00) $ (15.24) $ (30.48) Rate Impacts FYE18.xlsx Rate Impacts Mar 6 Page 1 of 1 K:\USERS\MICHELLE-W\Budget FYE18\Council Options \Council Options FYE18 Budget.xlsx Option A 3/6/2017 3:32 PM Page 1 of 4 A B C D E F G H I 1 City of Waterloo 1 Cent on the Levy Equals $ 22,924 2 FYE18 Budget 3 Council Option A: 4 Increase Increase 5 (Decrease) Increase (Decrease) in Increase 6 in Cost (Decrease) Cost from (Decrease) 7 from Base in Add'I Needs in 8 Explanation Budget Levy Rate Budget Levy Rate 9 GENERAL FUND: 10 11 1. Human Resources Fund director position - - 12 13 2. Library Additional materials 25,000 0.01091 25,000 0.01091 14 15 3. Central Garage Additional mechanic 83,552 0.03645 - - 16 17 4. Fire If fund mechanic, don't need to 18 fund additional amount for oil - - (8,000) (0.00349) 19 20 5. Fire Fund balance of fire fighter 21 position previously funded with 22 SAFER grant 59,211 0.02583 - - 23 24 6. Fire Additional fire fighter 89,108 0.03887 89,108 0.03887 25 26 7. Fire Additional fire fighter 89,108 0.03887 89,108 0.03887 27 28 8. Leisure Services Staff re -organization 29 General fund tax levy impact 30,000 0.01309 30 Road Use Tax fund tax levy impact - - (30,000) (0.01309) 31 32 9. Finance Fund 2 vacant positions - - - - 33 34 10. Cultural & Arts If National Endowment for the 35 Arts de -funded, provide additional 36 Funding - - 13,000 0.00567 K:\USERS\MICHELLE-W\Budget FYE18\Council Options \Council Options FYE18 Budget.xlsx Option A 3/6/2017 3:32 PM Page 1 of 4 K:\USERS\MICHELLE-W\Budget FYE18\Council Options \Council Options FYE18 Budget.xlsx Option A 3/6/2017 3:32 PM Page 2 of 4 A B C D E F G H I 1 City of Waterloo 1 Cent on the Levy Equals $ 22,924 2 FYE18 Budget 3 Council Option A: 4 Increase Increase 5 (Decrease) Increase (Decrease) in Increase 6 in Cost (Decrease) Cost from (Decrease) 7 from Base in Add'I Needs in 8 Explanation Budget Levy Rate Budget Levy Rate 37 38 11. Parking No increase in tax funding - - (44,750) (0.01952) 39 Increase franchise fee 40 12. rate 0.25% (215,000) (0.09379) (215,000) (0.09379) 41 42 Total General Fund 130,979 0.05714 (51,534) (0.02248) K:\USERS\MICHELLE-W\Budget FYE18\Council Options \Council Options FYE18 Budget.xlsx Option A 3/6/2017 3:32 PM Page 2 of 4 A B C D E F G H 1 2 3 4 5 6 7 8 43 44 45 46 47 City of Waterloo FYE18 Budget Council Option A: ROAD USE TAX: 13. Engineering 48 49 14. Leisure Services 50 51 52 53 54 55 56 57 SANITATION: Explanation 1 Cent on the Levy Equals $ 22,924 Increase Increase (Decrease) Increase (Decrease) in Increase in Cost (Decrease) Cost from (Decrease) from Base in Add'I Needs in Budget Levy Rate Budget Levy Rate Increase permit fees - 76,800 Right -of -Way Chargebacks 30,000 Total Road Use Tax Fund 106,800 15. Code Enforcement Increase part-time position to full-time 58 59 60 61 62 63 64 SEWER: 16. Sewer Total Sanitation Fund 60,565 60,565 60,565 60,565 Hire 4 seasonal workers 80,700 65 66 67 68 69 Total Sewer Fund 80,700 K:\USERS\MICHELLE-W\Budget FYE18\Council Options\Council Options FYE18 Budget.xlsx Option A 3/6/2017 3:32 PM Page 3 of 4 K:\USERS\MICHELLE-W\Budget FYE18\Council Options\Council Options FYE18 Budget.xlsx Option A 3/6/2017 3:32 PM Page 4 of 4 A B C D City of Waterloo FYE18 Budget Council Option A: E F G_ 1 Cent on the Levy Equals Increase H $ 22,924 Increase I 1 2 3 4 5 (Decrease) Increase (Decrease) in Increase 6 in Cost (Decrease) Cost from (Decrease) 7 from Base in Add') Needs in 8 Explanation Budget Levy Rate Budget Levy Rate 70 CAPITAL IMPROVEMENT PROGRAM: 71 72 17. Planning Add funding for Historic District 73 Surveys for Church Row and Triangle 74 neighborhoods 25,000 75 76 18. Traffic Add funding for Park to Park 25,000 77 78 79 Total Capital Improvement Fund - 50,000 K:\USERS\MICHELLE-W\Budget FYE18\Council Options\Council Options FYE18 Budget.xlsx Option A 3/6/2017 3:32 PM Page 4 of 4 K:\USERS\MICHELLE-W\Budget FYE18\Council Options\Council Options FYE18 Budget.xlsx Option B 3/6/2017 3:32 PM Page 1 of 1 A B C D E F G H I 1 City of Waterloo 1 Cent on the Levy Equals $ 22,924 2 FYE18 Budget 3 Council Option B: 4 5 Increase Increase 6 (Decrease) Increase (Decrease) in Increase 7 in Cost (Decrease) Cost from (Decrease) 8 from Base in Add'I Needs in 9 Explanation Budget Levy Rate Budget Levy Rate 10 GENERAL FUND: 11 12 1. All general fund depts Reduce travel by 50% (78,475) (0.03423) (80,975) (0.03532) 13 14 2. All general fund depts Reduce overtime by 10% (50,458) (0.02201) (50,458) (0.02201) 15 16 3. All general fund depts Reduce dues and memberships by 50% (24,075) (0.01050) (24,454) (0.01067) 17 18 4. Finance Don't fill 2 vacant positions (184,195) (0.08035) (184,195) (0.08035) 19 20 5. Human Resources Don't fill vacant director position (138,594) (0.06046) (138,594) (0.06046) 21 22 6. Cultural & Arts Don't fill vacant Visitor Services Manager (21,285) (0.00929) (21,285) (0.00929) 23 24 7. Leisure Services Staff re -organization 25 General fund tax levy impact 26 Road Use Tax fund tax levy impact - 27 28 8. Library Don't fund vacant positions (111,530) (0.04865) (111,530) (0.04865) 29 30 9. Police Don't fill vacant position (82,903) (0.03616) (82,903) (0.03616) 31 32 10. Emergency Levy Reduce by 50% - costs unidentified (322,681) (0.14076) (322,681) (0.14076) 33 34 11. All General fund departme Freeze nonbargaining pay (146,351) (0.06384) (146,351) (0.06384) 35 36 Total General Fund (1460,547) (0.50625) (1,163,426) (0.50751) K:\USERS\MICHELLE-W\Budget FYE18\Council Options\Council Options FYE18 Budget.xlsx Option B 3/6/2017 3:32 PM Page 1 of 1 K:\USERS\MICHELLE-W\Budget FYE18\Council Options\Council Options FYE18 Budget.xlsx Option C 3/6/2017 3:33 PM Page 1 of 2 A B C _D E F G H I 1 City of Waterloo 1 Cent on the Levy Equals $ 22,924 2 FYE18 Budget 3 Council Option C: 4 Increase Increase 5 (Decrease) Increase (Decrease) in Increase 6 in Cost (Decrease) Cost from (Decrease) 7 from Base in Add'I Needs in 8 Explanation Budget Levy Rate Budget Levy Rate 9 GENERAL FUND: 10 11 1. Human Resources Fund director position - - 12 13 2. Central Garage Additional mechanic 83,552 0.03645 - - 14 15 3. Fire If fund mechanic, fund $4,000 16 for outsourcing oil service 4,000 0.00174 (4,000) (0.00174) 17 18 4. Fire Fund balance of fire fighter 19 position previously funded with 20 SAFER grant 59,211 0.02583 - - 21 22 5. Leisure Services Staff re -organization 23 General fund tax levy impact 30,000 0.01309 24 Road Use Tax fund tax levy impact - - (30,000) (0.01309) 25 26 6. Airport Don't fund additional requests - (86,768) 27 28 7. Citywide Emerging Leaders training 10,000 0.00436 10,000 0.00436 29 30 8. Finance Fund 2 vacant positions - - - - 31 32 9. Communications Mgr Increase to 29 hours per week 18,046 0.00787 18,046 0.00787 33 34 10. Parking No increase in tax funding - - (44,750) (0.01952) 35 36 Total General Fund 174,809 0.07625 (107,472) (0.00903) K:\USERS\MICHELLE-W\Budget FYE18\Council Options\Council Options FYE18 Budget.xlsx Option C 3/6/2017 3:33 PM Page 1 of 2 K:\USERS\MICHELLE-W\Budget FYE18\Council Options\Council Options FYE18 Budget.xlsx Option C 3/6/2017 3:33 PM Page 2 of 2 A / B C D E F G H I 1 City of Waterloo 1 Cent on the Levy Equals $ 22,924 2 FYE18 Budget 3 Council Option C: 4 Increase Increase 5 (Decrease) Increase (Decrease) in Increase 6 in Cost (Decrease) Cost from (Decrease) 7 from Base in Add'I Needs in 8 Explanation Budget Levy Rate Budget Levy Rate 37 38 ROAD USE TAX: 39 40 11. Engineering Increase permit fees 76,800 76,800 41 42 12. Leisure Services Right -of -Way Chargebacks 30,000 43 44 Total Road Use Tax Fund 76,800 - 106,800 45 46 47 SEWER: 48 49 13. Sewer Hire 4 seasonal workers 80,700 - 50 51 Total Sewer Fund 80,700 52 _ 53 54 CAPITAL IMPROVEMENT PROGRAM: 55 56 14. Planning Add funding for Historic District 57 Surveys for Church Row and Triangle 58 neighborhoods 25,000 59 60 15. Traffic Add funding for Park to Park 25,000 61 62 Total Capital Improvement Fund - 50,000 K:\USERS\MICHELLE-W\Budget FYE18\Council Options\Council Options FYE18 Budget.xlsx Option C 3/6/2017 3:33 PM Page 2 of 2