HomeMy WebLinkAbout10A 2014 Budget and Levy o .� PRr
h �
U �
4646 Dakota Street SE
'��so��' Prior Lake, MN 55372
CITY COUNCIL AGENDA REPORT
MEETING DATE: DECEMBER 9, 2013
AGENDA #: 10A
PREPARED BY: JERILYN ERICKSON, FINANCE DIRECTOR
PRESENTED BY: JERILYN ERICKSON
AGENDA ITEM: CONSIDER APPROVAL OF RESOLUTIONS ADOPTING 2014 PRIOR
LAKE BUDGETS AND CERTIFYING FINAL 2014 CITY OF PRIOR
LAKE PROPERTY TAX LEVIES TO SCOTT COUNTY DEPARTMENT
OF TAXATION.
DISCUSSION: Introduction
The purpose of this agenda item is to consider approval of the 2014
budgets for the City of Prior Lake's General Fund, Debt Service Funds,
Capital Park Fund, Revolving Equipment Fund, Facilities Management
Fund, Economic Development Authority, Water Fund, Sewer Fund, Water
Quality Fund and Transit Fund and to determine the City's final 2014
property tax levy for certification to the Scott County Department of
Taxation office.
Hi StOry
The Council has held workshops on August 12 and November 12 this year
to discuss the challenges, priorities and options for developing the 2014
budget.
On September 9, 2013 the City Council considered the preliminary
budgets for the General Fund, Debt Service Funds, Revolving Equipment
Fund, Facilities Management Fund, Economic Development Authority and
Enterprise Funds and a preliminary tax levy of $9,574,918 which
represented a proposed 3.3% increase over 2013. It was announced at
the September 9, 2013 meeting and included in the meeting minutes that
a public budget meeting (TNT hearing) would be held on November 25,
2013 at which time the 2014 budget and levy would be discussed and
would allow for citizen input. Following individual parcel mailings, the
public budget meeting (TNT hearing) was then conducted on November
25, 2013. The City Manager gave a presentation which covered the
following items:
• 2013 Accomplishments and 2014 Efforts
• Overview of Proposed 2014 Budget and Tax Levy
• Impact of Tax Levy
• Standard Measures
• Sales Tax Savings
One resident spoke at the forum about government spending in general
and one person spoke at the TNT hearing. The minutes from the public
budget meeting are part of this agenda packet if the City Council wishes to
refer to them.
Following the TNT hearing, the Council further discussed some of the
questions raised during the public hearing as well as questions of their
own regarding revenues, expenditure drivers, comparative data, etc.
Current Circumstances
The 2014 budgets presented for final consideration are the same as those
presented at the public budget meeting on November 25, 2013.
The Budget Overview that was provided at the public budget meeting is
attached to this agenda report as Exhibit "A".
Summaries of revenues and expenditures for all funds are included as
Exhibits "B" and "C", respectively.
Conclusion
The Council should determine if it concurs with the budgets as they have
been presented.
FINANCIAL The summaries of revenues and expenditures reflect 2011 and 2012
IMPACT: actual expenditures and revenues, 2013 adopted and amended budgets,
and 2014 proposed budgets. The dollar and percentage change are
calculated from the 2013 amended budgets.
Tax Levv
The total proposed 2014 tax levy of $9,448,918 reflects a$34,794 or
0.37% increase from 2013 rather than the 3.3% proposed in September.
Exhibit "A" includes a comparison of the different components of the tax
levy from 2013 to 2014 on page two.
Fund Balance Reserves
The proposed budget includes a planned use of reserves for six of the ten
funds.
Capital improvement projects and capital purchases are cause for the
greatest variability in expenditure levels and, therefore, fluctuation in the
amount of reserves used from year to year in the Water Fund, Sewer
Fund, Water Quality Fund, Capital Park Fund, Revolving Equipment Fund
and Facilities Management Fund.
The level of special assessment and property tax collections impact the
amount of reserves used to pay debt service obligations in the Debt
Service Funds. Funds held in escrow for refunded bonds are also being
used in 2014.
The EDA Special Revenue Fund includes revenues from an EDA property
tax levy to fund its ongoing operating expenditures. There is no use of
reserves anticipated for 2014.
The Transit Fund is funded by the Motor Vehicle Sales Tax (MVST) and
distributed by the Met Council through a formula established by Minnesota
State Statutes. Additional funding is provided by bus fares paid by the
2
riders. It is the Met Council's intent to reduce the level of reserves held by
Transit providers by reducing the amount of MVST allocated to each
provider. It should be noted that none of the City of Prior Lake's propertv
tax levv is allocated to the Transit Fund.
The General Fund budget reflects a use of reserves in the amount of
$1.03M. Reserves were used to fund the acquisition of a new Enterprise
Resource Planning (ERP) software system, incentives to contain
healthcare costs, and to achieve a 45% target reserve level as of yearend
2015.
The Comprehensive Financial Management Policy (CFMP) targets a 45%
General Fund reserve. As stated in the Policy, this percentage could
fluctuate with each year's budget objectives and appropriations such as
large capital expenditures and variations in the collections of revenues.
The CFMP also identifies the expenditure criteria when the City Council
may consider the judicious use of reserve balances.
Expenditures
The 2013 proposed expenditure budgets are as follows:
� Euntl ���� P�oposed
� ` � B�ud et ��: �
General $ 12,985,255
Debt Service 7,589,881
Ca ital Park 170,000
Rev. E ui ment 725,356
Facilities M mt 371,395
EDA 189,170
Water 3,078,731
Sewer 2,949,887
Water Qualit 764,205
Transit 937,149
Total $ 29,761,029
Exhibit "A" offers comparisons of the proposed budget to the original 2013
budget as well as the 2013 amended budget. The budget may be
periodically amended for expenditures and corresponding funding sources
associated with projects or tasks that the council authorizes throughout the
year. These projects or tasks were not contemplated as part of the
original budget but the Council deemed it necessary to move forward with
them mid-year; therefore, the budget was amended to reflect these
expenditures, revenues or use of reserves as a funding source. In an
effort to reflect the change in expenditures based on "all spending"
authorized throughout the year in the budgeted funds, Staff has included
comparisons with the amended budgets.
In addition, Staff has included comparisons with both the original and
amended budgets that reflect adjustments in order to compare the
budgets on an apples to apples basis.
3
ISSUES
As indicated above the proposed levy increase to support the 2014 budget
is 0.37% or $34,794 more than the 2013 levy. The 2013 levy was a 0%
increase over the 2012 levy.
To be sure a large part of the reason the 2014 levy is low is the use of
$1 million of reserve funds to accomplish the City Council's desire to draw
down this balance to the 45% target by the end of the year 2015.
The 2014 General Fund budget does propose an expenditure increase of
$792,939 over the 2013 original budget. It is important to note that 58% of
this increase is attributable to two one-time cost items: the replacement of
our 1984 ERP System ($385,000) and replacement of our 12 year old
voting equipment ($75,000).
The following table provides a summary of the more significant changes in
the 2014 proposed budget:
Expenditure 'Amount Percent of
Total
Chan e '
ERP S stem $385,000 49%
Votin E ui ment 75,000 9%
Personnel Adjustments — COLA, 192,000 24%
ste s, allocation chan es, etc.
Add 1 FT Buildin Ins ector 66,000 8%
Fire Relief Assn 11,000 1%
Scott JPA Assessin A reement 16,000 2%
Le al 23,000 3%
Technolo 13,000 2%
Insurance — General Liabilit / P& C 13,000 2%
Resident Surve 10,000 1 %
Parks E ui ment Re lacement Plan 17,000 2%
Other Current Ex & Ca ital Outla 131,000 17%
Transfers to Rev Park Equip Fund & 85,000 11 %
EDA
Net reduction in Debt Service 162,000 20%
Estimated Sales Tax Savin s 82,000 10%
Total Chan e $793,000 100%
Without these one-time purchases and the reductions for debt service and
estimated sales tax savings the increase is $ 577,000 or 4.7%. Much of
this remaining increase is driven by personnel cost of various sorts
including one building inspector to meet the demands development in the
community as well as transfers to fund the Revolving Park Equipment
Fund (per the Capital Improvement Program) and the EDA. (As a
reminder, a new water operator position is included in the water budget
but has no impact upon the property tax levy.)
4
ALTERNATIVES: The following alternatives are available to the City Council:
1. Approve a Resolution Adopting 2014 Prior Lake Budgets and
Certifying Final 2014 City of Prior Lake Property Tax Levy to Scott
County Department of Taxation. (Resolution #1)
2. Approve a Resolution Adopting the 2014 Economic Development
Authority Budget and Certifying the 2014 Economic Development
Authority Property Tax Levy to Scott County Department of
Taxation (Resolution #2)
3. Amend Resolutions according to specific Council changes.
RECOMMENDED Alternatives 1 and 2
MOTION:
Staff would recommend that the City Council approve the resolutions as
submitted. The final property tax levy amount must be certified to the
Scott County Department of Taxation Office no later than 5 working days
after December 20th (December 30, 2013) as prescribed by Minnesota
statute and tonight is the last city council meeting of the year presently
scheduled.
EXHIBITS: "A" — Budget Overview (2 pages)
"B" — Revenue Summary (1 page)
"C" — Expenditure Summary (2 pages)
5
o � rxr
ti �
U rrj
4646 Dakota Street SE
`�IMv�so� Prior Lake, MN 55372
RESOLUTION 13-xxx (#1)
RESOLUTION ADOPTING 2014 PRIOR LAKE BUDGETS AND
CERTIFYING FINAL 2014 CITY OF PRIOR LAKE PROPERTY TAX LEVY
TO SCOTT COUNTY DEPARTMENT OF TAXATION
Motion By: Second By:
WHEREAS, The City Council of the City of Prior Lake conducted a Truth in Taxation public budget
meeting on November 25, 2013 pursuant to state requirements; and
WHEREAS, The City Council hereby adopts the following 2014 budgets; and
General Fund $12,985,255
Debt Service Funds 7,589,881
Capital Park Fund 170,000
Revolving Equipment Fund 725,356
Facilities Management Fund 371,395
Water Fund 3,078,731
Sewer Fund 2,949,887
Water Quality Fund 764,205
Transit Fund 937,149
Total $29,571,859
WHEREAS, The property tax levy by tax base approved for payable year 2014 is as follows; and
Tax Capacity Based Levy $ 8,292,126
Market Value Based Referenda Levy 1,006,792
Total $ 9,298,918
WHEREAS, The property tax levy approved for payable year 2014 is for the following purposes:
General Purposes $ 6,347,728
Revolving Equipment Fund 200,000
Debt Service 2,751,190
Total $ 9,298,918
WHEREAS, The City of Prior Lake's General Fund tax levy is hereby equivalent to $7,354,520; and
WHEREAS, The Revolving Equipment Fund levy amount is $200,000; and
WHEREAS, The Special tlebt levies account for an additional tax levy of $1,744,398 of which the
Scott County cooperative agreement appropriation of $148,840 for CSAH 82 is included.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. That the tax levy be distributed upon the taxable property in said City for the following purposes in payable
2014:
Purpose Amount Amount
* General City Purposes $ 6,347,728
* Revoiving Equipment Fund 200,000
Debt Service:
* CSAH 82 Improvement Appropriation `06 $148,840
* G.O. Street Reconstruction Bonds '07 182,000
* G.O. Improvement Bontls'08 (Brooksville Hills I) 91,000
* G.O. Improvement Bontls'09 (Brooksville Hills II) 114,000
* G.O. Improvement Bonds 2010 (CR12) 109,000
* G.O. Improvement Bonds 2011A (Boudins I& Arcadia ROW) 167,000
* G.O. Improvement Bonds ('04) 2011A Refunding 157,000
* G.O. Improvement Bonds 2011 B(Boudins II & Arcadia) 201,000
* G.O. CIP Refunding Bonds 2012A 574,558
* G.O. Improvement Bonds 2013A (Welcome,CR12,Sunset) 0
** Park Refunding Bonds `05 786,112
** Fire Station #2 Referendum Bonds `06 220,680
** Fire Station #1 Refunding Bonds `08 0
Total Debt Service 2,751,190
Total $ 9,298,918
Note: Single starred funds shall be spread over the entire consolidated City of Prior Lake.
Note: Double starred funds represent market value based referentlum taxes and shall be spread over the
entire consolidated City of Prior Lake.
Note: All other bond issues have sufficient fund balances to cover debt requirements.
PASSED AND ADOPTED THIS 9th DAY OF DECEMBER, 2013.
YES NO
Hedber Hedber
Keene Keene
McGuire McGuire
Morton Morton
Souku Souku
Frank Boyles, City Manager
2
o� P � O �P
� �
U �
4646 Dakota Street SE
' ��NIVE50'� P Prior Lake, MN 55372
RESOLUTION 13-xxx (#2)
A RESOLUTION ADOPTING THE 2014 ECONOMIC DEVELOPMENT AUTHORITY BUDGET
AND CERTIFYING THE 2014 ECONOMIC DEVELOPMENT AUTHORITY PROPERTY TAX
LEVY TO SCOTT COUNTY DEPARTMENT OF TAXATION
Motion By: Second By:
WHEREAS, Truth in Taxation provisions as specified by state statute requires the Prior Lake City
Council to certify a proposed property tax levy to the Scott County Department of
Taxation; antl
WHEREAS, State Statute 469.107 subd. 1 provides that a city may, at the request of the Economic
Development Authority, levy a tax in any year for the benefit of the authority in an
amount not to exceed 0.01813 percent of taxable market value; and
WHEREAS, The maximum allowable EDA property tax levy for payable year 2014 has been
determined to be approximately $445,000; and
WHEREAS, The Prior Lake EDA, at its regularly scheduled meeting of November 18, 2013,
authorized a 2014 tax levy for economic development purposes in the amount of
$150,000 and a 2014 budget of $189,170.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. A final tax levy of $150,000 and proposed budget of $189,170 are approved for payable year 2014.
3. That the proposed Economic Development Authority tax levy be distributed upon the taxable property in
said City for the purposes of economic development in payable 2014.
PASSED AND ADOPTED THIS 9th DAY OF DECEMBER, 2013.
YES NO
Hedber Hedber
Keene Keene
McGuire McGuire
Morton Morton
Souku Souku
Frank Boyles, City Manager
N � t0 N 1� �l1 O W N O O D') � cD O O N N� N� V O N W O O c') O O �f1 O�
N� 1� Of O 1n (O N O a M C O f7 N N 1� t0 1n N �� 0� O O � O O N O N
� �.���p: � rmmo�nrnmo W N V O(`') O (O� (OI�� �C71�000')O(DN� O m
'Q N f0 O� OD 1n (O N O OD 00 tn N O CO Q� a0 N V O 1� � } O� m 1n
O OI � � O N t`') 1n R� �[1 O �(O N N 0') f� l0 (D 4� fD V 1� M ln O V M N � (O V
r � '7 O'7 (O � N(V � M O 00 M M � f0 1� � 00 (") �� � O tn 00 f� a
N ao � c�i rn ui m r � ai r oi rn a
N N
Ol f9 fR V! tfl H9 ffl fH fA
G
N y � � 07 W t'� M� N O N� O O N h
� _M � � � � � �n N � � � � � � � (�O � f0 ' n N � M � O � � p � � t�D O c�0
~� 1� �(O OJ V I� W N N N V h 1� W f'7
`ry � e. � t0 (O OD N C� In � � ^ � N T
p� 1� � M f0 � W h in N h 1n
� � u, r ao � oi m � �
m W
� ui vs fn » f» f» u> (a
� �n o o �n rn o rn rn �
y � � � � � � � �n ° o ° o � � � � � � ,n � � � ° p � � � � � � � � � � � � �o
� �. �+ v ri oi r o r � r
� LL
( N � � 00 � W W
�A f9 f9 Vi fA e) Vi i9
r+ O M o') (D tn O O 4'i O O �
� O O O O O O O O O O O O
i � � � � � O t0 W � � � � � � 1n 01 M � O N � � � p � � � � � O N f`')
7'O �n M M N f0 1n M V OD
O�� O� t� 1n V N N (O �
p �. OJ W N N (V 1� I�
N
� `+�'.�.`�..� fA M fR fA M fA tA fA
m o ao u� �o 0 o co 0 o co n
r o r � m o v n� o o v m m
������.ao� ����� a ��ov w�o��o��v m �n
��: n�ri c�i r c+i o" v oi vi o ao oi ri
� (O N W (O N f'7 N � N ln N � O
:, t0 f0 fn fD C1 � N
� y„ C7 M � (V N
t9 f9 f9 tA M fA V) fA
�� O O O M W 4� (D O f0 W O O 1n �
� �o � �rn �nrn n�mo o r� � rn
:.� � � � � � � o � � � � � � r> � r v cy r o � � o � � N n r�
c�. v ui oi ui o o v oi v vi ui a6 a6 0
� w . � co c� m rn�n � � m u� c� co r
V, N (V t0 �- M N � OD O N
M (h N M
� � fA V! iA � (A fA fA f9 fA
� c0 N I� N O� 1� O M Lf] (O O O t0 N(O N M O c') O � t�
� N� i� W O V� O O M V' O C7 Ifi M M f0 M O tf O N N 1n O
{�" � I� 00 00 O O 1� O O � N� O C7 O h N t0 ' N ' O t`') ' t0 N OD O (O
� E N f0 O� 00 �� f� (O O OJ �0 h N OD � O 1� V W Q�
� a O 00 M 1n 1� N[D O V tD N N f") OI f") � l0 V N O CI N OD C� M
���: V O V c0 � a CO (") M O CO C� 01 OD I� h M O �(O O O
F � OD � � � � (O 1� ('� � � � 1� �D N �
� N
� f9 fA V! f9 f9 fA fA f9
1
� p i i i i �� N � � i i r i O f � O O �
\ a „ ,,,�,,,� „ �
�� � °i cgi rn rn rn m a°'o v c�
� W O
\, vi f» » tA tA .n u9 t� y
' C• �
u �' � � � � � � o 0 0 � , � � � � � � � � � � � � � N m
.� � m o � o � m � r m m � a
C� c. c�i o ui o �
'� � M � M M M M N
LL q
'�::��: ��. vi fs fn vt vi f» eA ra
o c� o 0 o m �o �o m co
� ���� ° o � � � � � � � � ° o ° o o � � � � � � � � � � � � � � � � � � ro
�. �� � O N 1(1 � N � N N N f�0
N C� 1� 1� f� f7
� ' µ
W
� fn v� Fa vi » F» e� u�
�. o 0 0 0 0 0 0 0
"���� u o �n o 0 0 0 �n
� 9 � � � � � � � o � � � � � � � , p p � o � � � � � � � � � � o a
� � � co v d o 0 0 �ri
.� � � � � � I � N
Vau,
v> v� en v> v� f» » fa
.. � r C) V(�O r (`�') N
M �� � i i i 1� ' (`7 � ' M 0� i i i � � � i i i i i i i W W � O
t ,��. � oi o n ri oi � rn rn rn vi
�� ���� � v r� o ° , c ° o °° r� rn �� � �
� y ,.. : ri r r n ri
Ea f» ss `» Ea vs ta »
. 00 N 1n O V tD O O O � tn (O '- N O f7 O o] � O
N m W O� O f� h (O M O O � 47
� I� I� ' OJ O O OD O ' ' N N � � N O f") � � f7 � � � � O � � (O ' � N �
.�� � v r ro o5 ui v oi v v r� ci o r v vi r�
m�c �o co��no �� in
m � LL o m v<o c� rn �n � u'�i ro � o � o rn o
� �, ,. . �o � � � � r� � .- �i
'O �
3 tA f» ui fn f» IA fA Y!
'Y m N ° m m N c�i
1p �p 'C
J y C U O O m C
N > > a a � !�
•° �p, � c �'n � . in y m
m
o a °' „ ; � l. `� � �
rn
�� � �' y � � > N C N C N d C
U N m � m y LL � K m > >� v LL � rn W c
n> v+ `y ll v� tl c c
q N H N� N LL � y l0
U U` N. � V � c.� �� O r�il N� � 7) c d d lL � V l � U
x E€ Z H � c c m H �,�+ E _� u a•- �
¢ �.KE ` i� xH�yad�i��yo`ti�id°c �n a om�°j
� � � metfoEo���d,a`�`m`mii �' �Q(�a F-y°'Eawtn_��
o a"i ~�' � Q H LL� y a�i o� y m 3 m u. � y w p E � � � y'S i` a'� ¢�Z
� � m d_ y W o d� ,a�� d 'v �. �- — �°� 10 0� m°' m 0 y
JJ m a c93u��� c c9��wao�w
�O N � U C N�� L y � N,.�. � N �
�1tJ a�i ° a � c°� L L o`��° x E� m W � a�i
� a rn�iL �c�om� w wc�c�c� � o
a
N 9
^ $$ ' N Q O� �� � p O� V h
hi O F: cD N � r C co N �n �
r 4.�I�� 1� N �� ��. h fD N^
N m� M f0 � m� N o (0 7 (O
OI
G
N NO a0o NO �o o�o o�����o
� I� � f� N • 1� In 1� N C W � C C C C C�
� O O� q m O O� I� 1A N 1�
� W Q �� � � � W M � 7
pi �.� �� n� a� S��j.: n u � w.O. � �w ��
m ��" LL � o� F� �.�y,�. � ao ���..
W� W � �.q ���y
y O. y 0.
� W t0 h o O> (O 1� o � O1 0 01 ^ OI
a vv rn�n ^ rn�n � rnorn p� � n
�o mao �� x � mao vov �'` a0000�on
���; r r m co �M� '��' r n oi � +' ���� o � � 7 N N f� O N N
F.� �� N OD � F LL . � N N � � L.,' ( �� O � O��i m � (�O � M � v��
� Q ... �O Q�.
7 d
m �p
� .� f") � o �a � M N� o m � n N m � �' O O O U]
O f� (O OD � O 1� t0 N N 4'i O O� O(O
�N f`') �A ����� � N C7 1n � 000 � N ' 000 O M
� V(C N�[> � 7 57�. �(O N LL'i C Y O Q r� � O N N
,�� �� a;�� v � � a ��a M Q � �,���
m � -- V �
� LL V ' Q �� Oi C� t0 0 N � N
3 3 N N N
M
� , C
.. :rN �o � ���r-N ino N mn� C r�oo in m
OD c0 N OG � 00 (� N N N � N O O � tV
� QO V O O OJ � � O � O� (h O O ' I� � f0
�� � DO � � � OJ y N O N LL -� N N f� N O
� Cp)p� �� R C p �� C � co�v � � M�� C p
� 4.. N N � y LL N cV LL 1V �� N 0> tv ^ v N
C
� d
Q �
rn mo p> � o C C
O O �
•. ' Q r� �O .� r� a o N N �rn� y y
L �L � � Ol
��. O�D � O 00 �... �.. O � O 0� .� l0 l0 � C C
�wo � 3�s,oc� v; a v °� m a�w�'�mm'
� M C7 (`') M ff £ . C N E C Q N � �
c O � ' y o � � o c m� x c
� . h O f7 o I� OD � o � U 4 C� j d _ 9 ` N F LL V7 y li
s 1n OG N� � 1n 1� N � � G)
� O M f") N O V V� � 7 � C m V � N N Q W d y N
p y oi mo m o� � 6 .�., 0 1 LL �° m « � a�iiiw�w � c
'� ��,�� � C' O ( t�0 N Q ��' ���: O O O N � � � Q � �O �j��. � .. .. .. � C7
..~ � W N N � ~ d..IL N N � � G1 C � y N GI C. � N N N m�
� Q 3 a Q! H J Z 0. YI H J J J J d Z
� � � W Q W Q
i o o �
'� �� O � V I� . .� O (�O � N '� .
� � � 0 I� � �.. ��. � W O C N
W °� �n r� N W °� m
M `o
� � � � N
N 71
0 0 � �
�\ , .:� �, ��� rn � � ao ..m. .���� rn � � �n - a
`ll E j..r�m vo � r� rr �
� 8 � <o � .�.���f�� n �ri �o �
,_, ag�� c � � a��� v�' g
LL a u ` IL W � ,Q
� � �
0 0 0 � o 0 0 0 .�: t0 (O O o � ��� f0 (O O o � o � o o ����� o
O�D O �/ C O O O t` �. W� f `�7 � (O N .� w �: M� (O N L (") C OJ O C C C C C O
Q W � �n O
N O OD O M O O ��C � N O1 f0 CO m 'p 1n � f0 N m - f� N t0 �
' N �� r� {� N 6) t'7 R .,Z E C� N 00 C7 �
Y�.� p o. _ � v c� Q G. p n v N N � �
r e �� � �LL. ; �� F �'.
a d � aW a ° q g ' ' ' �, + � ��
� � �N � m m � o °o ° o� a n � o � mo orno
. � c rn o 0 0 o rn
.� W or av � r v_ov_ t �� rno � omo�
t,T: 4 ci ao o v oi � �.�� �'� o o � x �o o ui o v m o rn
naom a W �� . n r p, R c�.n� rnN � V �� �nrm V p rnc �
!� •- �; � a Y. � � c ��: 9�. .- � y� V W� �. 1� .- v (O
��.(� f�l (� .. ��V'r. � � � � �.�.
. � � � � � �� � d
CO OJ O (O N O N '� � O � 0 7 0 O W o � W � r N � 1n O O O �
N Q� O � W O � V . OD N� m f? � N �
f� t`7 O' f� O � y+ «. 0� M � OD C7 � a Ol .. O O O m N' ' O O�D O M
�.� f� � O N(O O N m c ���ppp . W N N I� 'a � p� � W OD I� d '� O'- 1n O a N N
:�� � r N N O� � N (� �. � M r�' G1 CI� 'O 1 W M r Y C � ' t0 �� � � 0� tn OD N 0')
�F c0 � OD � � C � 1� a tv C � tL. 1� � (O � m N N f� N . �. Fl� N v`� (�j
.� � E a ` c, ° c '� �
v> ta fa � Q p
o �rn
o�no v� rn o a M �nco rno �"i �n N o `" �� o�r> r coo co
rnmo n v o a u� c�o �nm rrn � O M p o
tn (O O � N N O '- O � N t9 �� . O ' N M W N � � �
� �'Cl' l� N N(O � ��'6�. � N N 1n � M V O a N M O ' M
T � M� ��� � �l Nf�� O O O � M N N O
�N: �oDN � rn � � C 6�LL � � �LL�O�i� t�0 io N M N �� C N �� �
N(V a �� N . � v N
C 0 � 0 �
y u� u/ w .� �.. ,N . � ,N� LL
• C v � � A � �m C �
C Q V 7 d
a
� 'O C � J O N N O N tll � LL �d
0 � C� �~ � V N N U N N Q V
V c LL LL � L � ` >> � 7� � c
� � t C N
N N C d C� Q � 01 OJ M� o � Vi N 49 o O O O � F � d
a> _+ a+ d d M N
J �.��2,,0 � n� d a�i 'a 3� vv tD �� `rv Q�� .�c 'C m n�� d>>
X �.� LL � C �� d C C N N m C C N N V1 O. � � O. C Q y C���
R a C V W l0 7' a n� O O C. Q d O O � � � N £. LL � C W� X C
� ��ULL � �� ` � W ww `°c� W ww "�� m(j �v � Cj NNHLL� q m
gx�� � � mm NN �� oo a �cm � dm¢wa�
a g�� y a _ m Gf ac� � m � LL o _ d c cpa� d
�'^'� I- c a> � W p) o o y d � o o N N o � �� ¢] :� � �. d ii w� W� c
O F � d a� m � y H F o , y � H � � w � Q o Y � C� v� y
L ��` C7 0 K lL � '� � M �� '� V( l0 l0 O IO «0 y G� W N N tll N �j C:�
4 J J J m N N U U m N N U U �
V' a a � .�:4'� H J Z � G I J J J J d Z
N �d N N W Q W �. Q
r
�Xt�ia�T "l3'' �
��� at ��04 City of Prior Wke Publit Budget Mee6ng 2013.11.25
2074 Proposed Budget
Revenue Summary
'hw•no froMAr1+@�I�B�I�lt . . .
2013 2014
2071 2012 2013 2073 2074 =Change kChange %of %of
General Fund Actual Actual Ado ted Amended Pro osed 13 - 74 13 -14 ToWI Total
Taxes 8,457,868 8,133,796 7,151,439 7,151,439 7,354,520 203,081 2.84% 62.18% 61.53%
Licensesandpermits 448,095 640,584 512,020 512,020 638,895 126,875 24.78% 4.45% 5.35%
Intergovemmental 1,382,026 1,388,416 1,402,721 1,402,721 1,474,044 71,323 5.08% 12.20% 12.33%
Chargesforservices 1,620,794 1,716,455 1,626,448 1,626,448 1,679,816 53,368 3.28% 14.14% 14.05%
Finesandforfeitures 150,256 159,198 155,000 155,000 155,000 0 0.00% 1.35% 1.30%
Interestoninvestments 290,926 213,765 181,000 181,000 120,000 (61,000) -33.70% 1.57% 1.00%
Other 152,719 284,356 131,000 131,000 181,000 50,000 38.17% 1.14% 1.51%
Transfersfromotherfunds 335,000 335,000 341,700 341,700 348,540 6,840 2.00% 2.97% 2.92%
Total General Fund 12 837 684 12 871 570 11 501 328 11 501 328 11 951 815 450 487 3.92 % 100.00°/ 100.00%
Debt Service Funds
Taxes 1,160,790 1,084,580 1,832,685 1,832,685 1,744,398 (88,287) -4.82% 4425% 43.64%
Specialassessments 663,135 588,602 407,128 407,128 489,877 82,749 20.33% 9.83% 12.26%
Interestoninvestments 84,105 84,452 23,490 23,490 30,731 7,241 30.83% 0.57% 0.77%
Transfersfromotherfunds 7,114,077 12,930,463 1,878,640 1,878,640 1,731,814 (146,826) -7.82% 45.36% 43.33%
Total Debt Service Funds 9 022 107 14 688 097 4 141 943 4 141 943 3 996 820 145 123 -3.50 % 100.00 % 100.00 %
Revolvin E ui ment Fund
Taxes 271,306 282,552 280,000 280,000 200,000 (80,000) -28.57% 68.34% 56.15%
Interestoninvestments 58,911 36,592 19,732 19,732 25,173 5,441 27.57% 4.82% 7.07%
Other 26,453 36,695 - - - 0 n/a 0.00% 0.00%
Transfersfromotherfunds 100,000 100,000 110,000 110,000 131,000 21,000 19.09% 26.85% 36.78%
Total Revolvin E ui ment Fund 456 670 455 839 409 732 409 732 356 173 53 559 -13.07 % 100.00 % 100.00 %
Facilities Mana ement Fund
Interestoninvestments 4,114 17,606 3,164 3,164 2,831 (333) -10.52% 7.33% 0.81%
Other - 167,699 - - - 0 n/a 0.00 % 0.00 %
Transfers from other funds 273,730 485,000 40,000 40,000 45,000 5,000 12.50 % 92.67 % 12.94 %
Bond proceeds - - - - 300,000 300,000 Na 0.00 % 8625 %
Total Facilities Mana ement Fund 277 &44 670 305 43 164 43 164 347 831 304 667 705.84 % 100.00 % 100.00 %
Ca ttal Park S eclal Revenue Fund
Intergovemmental - 493,500 - - - 0 n/a n/a 0.00%
Charges for services 3,750 77,996 - - 138,750 138,750 Na Na 95.85 %
Interest on investments 5,523 5,604 - - 6,000 6,000 Na Na 4.15 %
Other 15,675 150,000 - - - 0 Na n/a 0.00 %
Transfersfromotherfunds - 355,619 - - - 0 Na n/a 0.00%
Total Ca ital Park Fund 24 948 1 082 719 144 750 144 750 n/a Na 100.00 %
EDA S eclal Revenue Fund
Taxes - - 150,000 150,000 150,000 0 0.00% 78.25% 77.29%
Intergovemmental - 15,000 - - - 0 n/a 0.00% 0.00%
Charges for services - - 4,700 4,700 9,185 4,485 95.43 % 2.45 % 4.73 %
Interestoninvestments 4,375 1,338 - - 282 282 n/a 0.00% 0.15%
Transfersfromotherfunds 41,101 29,250 - 37,000 34,600 (2,400) -6.49% 19.30% 17.83%
Total EDA Fund 45 476 45 588 154 700 191 700 194 067 2 367 123 % 100.00 % 100.00 %
Water Fund
Chargesforservices-water 2,544,220 3,397,800 2,955,667 2,955,667 3,264,130 308,463 10.44% 98.34% 99.24%
Interesloninvestments 141,642 78,135 50,000 50,000 25,000 (25,000) -50.00% 1.66% 0.76%
Intergovemmental 1,232 10,000 - - - 0 n/a 0.00% 0.00%
Other 262,903 3,122 - - - 0 Na 0.00% 0.00%
Total Water Fund 2 949 997 3 489 057 3 005 667 3 005 667 3 289 130 283 463 9.43 % 100.00% 100.00 %
Sewer Fund
Charges for services - sewer 2,228,948 2,502,409 2,667,451 2,667,451 3,167,478 500,027 18.75 % 98.16°/ 9922 %
Intergovemmental 9,270 - - - - 0 Na 0.00% 0.00%
Interest on investments 98,771 64,857 50,000 50,000 25,000 (25,000) -50.00% 1.84% 0.78%
Other - 11,819 - 5,196 - - - 0 Na 0.00% 0.00%
Total Sewer Fund 2 325 170 2 562 070 2 717 451 2 717 451 3 192 478 475 027 17.48 % 100.00 % 100.00 %
Water Qual' Fund
Charges for services - storm water 438,638 552,024 677,295 677,295 813,603 136,308 20.13 % 92.24 % 89.16 %
Intergovemmental revenues 194,713 70,237 50,000 50,000 95,000 45,000 90.00% 6.81% 10.41 %
Interestoninvestments 16,988 9,661 7,016 7,016 3,903 (3,113) -44.37% 0.96% 0.43%
Total Water Quali Fund 650 339 631 922 734 311 734 311 912 506 178 195 2427 % 100.00 % 100.00 %
Transk Fund
Charges for services - transit revenue 219,305 198,805 220,500 220,500 224,000 3,500 1.59 % 25.02 % 24.10 %
Intergovemmentalrevenues 551,657 485,016 627,738 627,738 672,515 44,777 7.13% 71.23% 72.35%
Interestoninvestments 68,040 41,362 33,000 33,000 33,000 0 0.00% 3.74% 3.55%
Total Transit Fund 839 002 725 183 881 238 881 238 929 515 48 277 5.48 % 100.00 % 100.00 %
GRANDTOTAL 29,429,237 37,222,350 23,589,534 23,626,b34 25,315,085 1,688,551 7.15%
I6
� X N�,c3iT '`C �,
oF PwO City of Prior Lake Public Budget Meeting 2013.11.25
�''�� 2014 Proposed Budget
" Fund/Department Expense Summary
v.vwESO'� .. :.:.:..
From Amettded Budget
2011 2012 2013 2013 2014 2013 2074
$ Change % Change % of % of
Actual Actual Ado ted Amended Pro osed 13 -14 13 - 14 Subtotal Subtotal
General Fund
41110 MayorB Council 61,991 59,945 62,167 62,167 57,603 (4,564) -7.34% 0.50% 0.44%
41130 Ordinance 4,492 6,922 6,000 6,000 6,000 0 0.00% 0.05% 0.05%
41320 Administration 408,015 394,054 399,917 399,917 404,052 4,135 1.03°� 3.24% 3.11°k
41330 Boards & Commissions 7,521 9,264 9,989 9,989 10,339 350 3.50% 0.08% 0.08qo
41410 Eleclions - 25,309 - - 700,020 100,020 Na 0.00% 0.77%
41520 Finance 312,896 397,381 416,648 416,648 427,661 11,013 2.64% 3.38°h 3.29%
41540 Internal Auditing 24,940 26,240 25,000 25,000 25,125 125 0.50% 020% 0.19°h
41500 Assessing 118,334 118,689 118,800 118,800 134,600 15,800 13.30°k 0.96% 1.04%
41610 Legal 381,427 330,0�1 317,780 317,780 340,000 22,220 6.99% 2.58°k 2.62°k
41820 Personnel 138,727 144,343 145,807 145,807 161,128 15,321 10.51°k 1.18% 1.24%
41830 Communications 102,599 107,151 117,951 117,951 125,648 7,697 6.53% 0.96% 0.97°k
41910 CommunityDevelopment 217,541 308,849 338,301 368,613 323,850 (44,763) -12.14°� 2.99% 2.49%
41920 Technology 117,959 167,219 179,757 252,512 687,851 435,339 172.40% 2.05% 5.30%
41940 Buildings & Plant 410,722 443,030 435,512 435,512 430,500 (5,012) -1.15% 3.53% 3.32 %
42100 Police 3,072,186 3,118,245 3,282,062 3,282,062 3,351,0&4 69,022 2.10% 26.61% 25.81°h
42200 Fire 862,361 831,210 857,539 857,539 904,430 46,891 5.47% 6.95% 6.97%
42400 Building Inspection 397,773 433,482 510,427 510,427 562,9&4 52,557 10.30% 4.14% 4.34%
42500 Emergency Management 9,932 32,932 5,500 5,500 5,000 (500) -9.09°k 0.04% 0.04%
42700 Mimal Control 25,650 25,650 26,450 26,450 25,257 (1,193) -4.51% 0.21 % 0.19%
43050 Engineering 363,351 356,597 336,917 336,917 371,001 34,084 10.12% 2.73°� 2.86%
43100 Street 1,039,697 1,007,283 1,171,354 1,171,354 1,215,292 43,938 3.75% 9.50% 9.36%
43400 Central Garage 410,996 349,878 370,126 370,126 361,948 (8,178) -2.21°h 3.00% 2.79%
45100 Recreation 403,015 373,495 381,655 381,655 387,320 5,665 1.48% 3.09% 2.88%
45200 Parks 1,308,750 1,247,657 1,292,447 1,292,447 1,321,511 29,064 2.25% 10.48% 10.18%
45500 Libraries 69,609 65,662 72,880 72,880 75,516 2,636 3.62% 0.59% 0.58%
46100 NaturalResources 41,660 125,118 142,383 142,383 77,594 (64,789) -45.50°k 1.15°k 0.60%
46500 EconomicDevelopment 85,578 16,109 - - - 0 n/a 0.00% 0.00°�
47000 DebtService/Transfers 1,768,123 1,769.359 1,168,947 1,205,947 1,007,343 (198,604) -16.47% 9.78% 7.76°k
49303 Transfers - 1,354,869 - 84,600 84,600 n/a 0.00°� 0.65%
Total GeneralFund 12,165,845 13,646,012 12,192,316 12,332,383 12,985,255 652,872 5.29°h 100.00% 100.00%
Debt Service Funds
47000 Debt 5,211,947 14,936,408 14,358,310 14,358,310 7,589,881 6,768,429 -47.14°k 100.00% 100.00%
Total Debt Service Funds 5,211,947 14,936,408 14,358,310 14,358,310 7,589,881 6,768,429 -47.14% 100.00°k 100.00%
Ca ital Park Fund
45200 Pafks 1,497 944,852 - 75,755 50,000 (25,755) -34.00% 100.00% 29.41%
�000a Rice Lake Park - - - - 120,000 120,000 n/a 0.00% 70.59%
49303 Transfers - 33,750 - 0 n/a 0.00 % 0.00%
Total Ca itai Park Fund 1,497 978,602 - 75,755 170,000 94,245 124.41°k 100.00% 100.00%
Revolvin E uipment Fund
42100 Police 114,586 35,804 56,000 56,000 53,216 (2,784) -4.97°� 11.45% 7.34°k
42200 Fire 1,505 66,928 150,000 150,000 36,050 (713,950) -75.97% 30.66% 4.97°k
43050 Engineering - - - - 25,750 25,750 n/a 0.00°k 3.55°�
43100 Street 250,777 263,255 87,313 87,313 207,957 120,644 138.17% 17.85� 28.67%
43400 Central Garage - 5,464 15,000 15,000 72,165 57,165 381.10°� 3.07% 9.95%
45200 Parks 43,314 259,255 131,021 131,021 93,833 (37,188) -28.38% 26.78% 12.94%
49450 Sewer - - 49,862 49,862 236,355 186,523 374.08% 10.19% 32.59%
Total Revolvin E ui ment Fund 410,182 630,706 489,196 489,196 725,356 236,160 48.28°h 100.00°k 100.00%
Facilities Management Fund
42200 Fire - 62,500 136,500 136,500 - (136,500) -100.00% 23.25% 0.00°�
43400 Central Garage (Maintenance Ctr) - 179,595 214,302 214,302 300,500 86,198 4022% 36.50% 80.91%
45100 Recreation - 9,506 48,536 118,174 35,448 (82,727) -70.00°h 20.13% 9.54%
45500 Libra / Club Prior - 9,506 48,536 118,174 35,448 82,727 -70.00% 20.13% 9.54%
Total Facilities Mana ement Fund - 261,107 447,874 587,150 371,395 215,755 -36.75% 100.00% 100.00%
EDA S ecial RevenueFund
46500 EconamicDevelopment 12,536 162,904 145,234 145,234 162,670 17,436 12.01% 76.97% 85.99%
46503 Technolo Villa elncubator - 13,296 6,450 43,450 26,500 16,950 -39.01% 23.03°� 74.01°�
TotalEOA Fund 12,536 176,200 151,684 188,684 189,170 486 0.26°k 100.00°� 100.00°k
Water Fund
41520 Finance 63,684 73,547 79,515 79,515 85,157 5,642 7.10% 2.37°k 2.77°k
49400 Water 2,063,237 1,984,384 2,423,908 2,423,908 2,125,339 (298,569) -12.32% 72.37% 69.03%
49303 Transfers 1,396,451 1,514,830 845,746 845,746 868,235 22,489 2.66°� 25.25°k 28.20°�
Total Water Fund 3,523,372 3,572,761 3,349,169 3,349,169 3,078,731 270,438 -8.07% 100.00°� 100.00°�
SewerFund
41520 Finance 66,038 73,547 79,515 79,515 85,148 5,633 7.08% 2.72% 2.89%
49450 Sewer 2,377,916 2,275,411 2,509,990 2,509,990 2,536,293 26,303 1.05% 86.00% 85.98%
49303 Transfers 540,700 508,907 328,957 328,957 328,446 511 -0.16°k 11.27% 11.13%
TotalSewerFund 2,984,654 2,857,865 2,918,462 2,918,462 2,949,887 31,425 1.08°,6 100.00% 100.00%
17
��1�i8�T '` c `�
oF Pw Oe City of Prior Lake Publlc Budget Meeting 2013.11.25
r,''�� 2014 Proposed Budget
� Fund/Department Expense Summary
�""�i From Amended Budget
2013 2014
2017 2012 2073 2013 2014 $ Change °k Change % of % of
Actual Actual Adopted Amended Proposed 13 -14 13 -14 Subtotal Subtotal
Water Quality Fund
49420 WaterQuali 708,703 802,844 1,186,373 1,186,373 764,205 422,168 -35.58°k 100.00% 100.00°k
Total Water Quali Fund 708,703 802,844 1,186,373 1,186,373 764,205 422,168 35.58% 100.00% 100.00°k
Transit Fund
49804 TransitServices 833,573 841,039 1,127,046 1,127,046 937,148 189,898 -16.85% 100.00°h 100.00°�
Total Transit Fund 833,573 841,039 1,127,046 1,127,046 937,148 189,898 -16.85% 100.00% 100.00%
GRAND TOTAL 25,852,309 38,703,544 36,220,430 36,612,528 29,767,029 - 6,857,499 -78.77%
18