HomeMy WebLinkAbout08 21 2017 Preliminary 2018 Budget and Tax Levy PresentationAugust 18, 2017
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Aug. 21–Budget Work Session
Sept. 18 –Adopt Preliminary Levy and Budget
Nov. 6 –Budget Work Session
Nov. 9 –Town Hall Budget meeting (tentative)
Dec. 4 –Public Budget meeting
Dec. 4 –Adopt Final Tax Levy and Budget
Tax Levy and Budget
Schedule
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Tax Supported Funds
General
Debt Service
Revolving Equipment
Revolving Park Equipment
Facilities
Economic Development Authority
2018 Budgets
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Council feedback on August 7 indicated
support for a levy increase less than 5%
General Fund Budget revisions resulted in a
tax levy reduction of $48,039
This reduced the overall levy from 6.59% to
5.32%.
2018 Budget Revisions
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Net Revenue Increase -$28,333
Building Permit/Plan Check fees +61,000
City Contract Services +15,000
Project Admin/Eng. Fee -39,000
Facility Usage Fee -12,300
2018 Budget Revisions
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Net Personnel Decrease –$13,881
Removed Police PT CSO
Add back seasonal Park Patrol
Updated Police overtime hourly rate/COLA
2018 Revisions to Long
Range Plan
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Net Current Expenditure and Capital Outlay
Decrease –$5,275
Removed Laserfiche Upgrade -43,000
Updated software support cost + 3,595
Utilities +12,600
Other +21,530
2018 Revisions to Long
Range Plan
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Shifted the Pershing Area Street Improvement
from 2018 to 2019 to moderate the 2019 levy
increase.
2018 Revisions to Long
Range Plan
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Reduced the Revolving Equipment and
Revolving Park Equipment Funds by $50,000
each.
2018 Revisions to Long
Range Plan
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LONG RANGE FORECAST
CIP Workshop 08.21.2017
2017 2018 2019 2020 2021
Tax Levies:
General 7,192,792 7,797,976 8,274,435 8,768,429 9,147,304
Equipment Revolving Fund 375,000 500,000 550,000 550,000 550,000
Revolving Park Equip Fund 213,406 318,184 419,292 513,276 607,649
Facilities Management Fund - - - 30,000 80,000
EDA Fund 140,000 140,000 140,000 140,000 140,000
Debt Service 3,646,956 3,427,017 3,595,829 3,652,034 4,113,067
11,568,154 12,183,177 12,979,556 13,653,739 14,638,020
Breakdown of Change in Levies:
General 19,999 605,184 476,459 493,994 378,875
Equipment Revolving Fund 50,000 125,000 50,000 - -
Revolving Park Equip Fund 213,406 104,778 101,108 93,984 94,373
Facilities Management Fund - - - 30,000 50,000
EDA Fund (15,000) - - - -
Debt 221,387 (219,939) 168,812 56,205 461,033
Total Change 489,792 615,023 796,379 674,183 984,281
General 0.28%8.41%6.11%5.97%4.32%
Equipment Revolving Fund 15.38%33.33%10.00%0.00%0.00%
Revolving Park Equip Fund n/a 49.10%31.78%22.41%18.39%
Facilities Management Fund n/a n/a n/a n/a 166.67%
EDA Fund -9.68%0.00%0.00%0.00%0.00%
Debt 6.46%-6.03%4.93%1.56%12.62%
Total Change 4.42%5.32%6.54%5.19%7.21%
Projected
Personnel +380,082
Police drug task force officer -10/1/17
Police Officer & Maintenance Worker-1/1/18
COLA and health care premiums
Changes from 2017 budget
to 2018 proposed budget
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Other Expenditures -2,955
Changes from 2017 budget
to 2018 proposed budget
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Description Amount
Street overlay in PIR Fund in 2018 (194,000)
CIP Plan for capital outlay (39,000)
Engineering consulting 59,000
Parks trail work 30,000
CIP Plan for computers/scanners/copiers 23,000
Legal 20,000
Cleaning maintenance agreements 20,000
Training and Employee Development 18,000
Utilities 17,700
Building maintenance agreements 15,000
Old Public Works shop maintenance work 14,000
Property Assessment Contract with Scott County 7,400
Other 5,900
Union contract negotiations
Health care plans/rate review
Upcoming discussion
and review
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Scott County Tax
Capacity Rate by City
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City 2017
Belle Plaine 84.68%
Elko New Market 47.82%
Jordan 71.24%
New Prague 62.25%
Prior Lake 32.69%
Savage 47.84%
Shakopee 38.52%
2016 General Fund Reserve (unassigned)
Planned use of reserves -$718,000
Estimated Reserve Balance -$5,916,920
(46.8%)
General Fund Reserves
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Planned use of Reserves:
Budget carryforward items
Compensation study
Community survey
Severance Compensation Fund
Street Overlay
CR21/TH13 Consultant
150th/TH13 Project
General Fund Reserves
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Planned use of Reserves instead of 2018
budget item:
Laserfiche
General Fund Reserves
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Is the city council comfortable with
submitting the maximum tax levy at 5.32%?
Are there any questions about the proposed
adjustments that reduced the levy by
$48,000?
Does the city council support the two staff
adds in 2018 (Police & Maintenance Worker)?
Council Feedback and
Direction
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Council Feedback and
Direction
Does the council want to consider any of
the following potential adjustments?
•Daily parking fees at Sand Point Park
•Further reductions to the Revolving Park and
Equipment funds
•Use of General Fund reserves
•Technology fee of $1-5 for city fees
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Council Feedback and
Direction
Does the council support the EDA proposed
tax levy increase of $15,000?
Does the council support any annual
reserve transfer from the General Fund to
EDA ?
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2016 Total Net Tax
Capacity Rate by City
Source: lmc.org 2016 Property Data
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City County
Taxable Tax
Capacity
Average
County Tax
Rate
Average
City Tax
Rate
Average
School Tax
Rate
Average
Special Tax
Rate
Average
Total NTC
Rate 2015 Population
Belle Plaine Scott 4,288,765 36.18%89.33%35.56%4.34%165.40%6,742
Elko New Market Scott 3,396,722 36.17%48.58%36.76%3.76%125.26%4,555
Jordan Scott 3,884,278 36.13%68.43%38.37%5.79%148.72%6,150
New Prague Scott 6,236,138 42.05%62.26%38.19%2.12%144.62%7,508
Prior Lake Scott 28,850,704 36.17%31.95%32.85%7.35%108.32%25,049
Savage Scott 28,890,834 36.18%49.91%33.16%6.06%125.29%30,024
Shakopee Scott 40,933,710 36.18%37.90%52.53%5.37%131.98%40,254
All Cities 4,122,527,513 44.13%46.52%27.50%6.90%125.06%4,536,533
All Townships 2,032,720,927 44.55%11.86%18.72%1.71%76.84%948,705
Average City 4,832,975 44.13%46.52%27.50%6.90%125.06%5,318
Service Growth Chart
INDICATOR 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Population 21,236 21,726 22,141 22,431 22,641 22,796 23,031 23,296 23,731 24,201 25,250
Dwelling Units 7,823 8,019 8,185 8,301 8,385 8,447 8,541 8,647 8,821 9,009 9,180
Sewer/Water Accounts 7,205 7,380 7,509 7,581 7,780 7803 7903 8030 8285 8473 8623
Building Permits -ALL 2,242 1,965 1,889 1,472 1,400 1,624 1,884 2,291 2,292 2,150 2,300
Total Single Family 112 84 80 65 62 94 80 122 149 122 150
Total Townhomes / MF 85 83 36 19 0 0 26 52 39 8 0
TOTAL SF/TH/MF 197 167 116 84 62 94 106 174 188 130 150
Total Other Permits 2,045 1,798 1,773 1,388 1,338 1,530 1,778 2,117 2,104 2,020 2,150
No. of Parks 39 42 48 49 49 51 51 51 51 51 51
Acres of Parks 617 810 932 994 994 1,004 1,004 1,026 1,044 1,057 1,057
Street Miles 93.5 94.5 95.1 95.6 97.1 98.4 105.1 105.1 105.2 112.3 113.9
Sanitary Sewer Miles 97.0 98.2 99.4 99.5 102.4 103.6 112.9 112.9 113.0 125.9 125.9
Watermain Miles 109.0 109.2 110.9 111.0 113.9 117.2 126.7 126.8 127.1 133.1 134.7
Storm Sewer Miles 79.6 80.6 81.6 81.6 83.7 83.7 83.8 83.8 83.8 88.2 89.76
Police Calls 9,416 9,668 11,162 10,544 10,046 9,654 10,412 10,978 11,178 11,198 11,810
Fire Calls 1,011 1,034 1,116 804 406 432 443 478 451 404 454
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Service Challenges
Proactive Policing
Winter Maintenance
Transportation Projects
Aging Fleet impact to operations
Parks, trails and natural area maintenance
Technology Replacement
EAB
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