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4. Public Hearing-2014 Budget PowerPoint Presentation 12/4/2013 �� SCANI)I;� - ��r����.�x Public Hearing 2014 Budget December 7 0,2013 .Purpose: to gather public comment on the City's budget,and the property taxes needed to pay for the expenditures in 2014 �.For 2014 levy,discuss impact of sales tax exemption ��Meetinq held in each taxing jurisdiction(county,city,school distric[,etc.) .Mandated by State Legislature .Assessor sets proposed property values as of January 1 for Me following year taxes.Values are based on comparable sales. .These values are sent to the County Auditoc Auditor then sends property spedfic notices to property owners no[ifying of the value change.Induded in the notice is the informatlon about the Board of Review meeting. •City Council conducts eoard of Review meeting in April of each year; [his is when residen[s can question thelr proposeA values. •Values are then finalized and set for calculating the taxes. •Ciry and other jurisdictions adopt levy ana bu0gets in December.7ax rates are calcula[ed by County based on the levies adopted by ea<h jurisdiction. 1 12/4/2013 �]une/July-staff dreks budget �Augusbcouncil budget work sessions �September SO°M1-council adopts resolution certifying maximum �� tax levy(no increase for 2014) �October-council budget work sessions ✓Novemberv county mails proposed property tax statements �December 10�"-public hearing on 2014 budge[ �December 17�^-council adopts 2014 budget •:General Fund •Operating Budgets by Department •iDebt Service Funds •Streets,Buildings,Equipment 4Capital Funds •Capital Improvement,Park Improvement,Equipment Replacement,Local Road Improvement(New for 2014) vEnterprise Fund •201 Wastewater System,Uptown Wastewater System fi Economic Development Au[hority Fund �f;.. ' �� Enlerpri� EDA . � Capflal Funds � 0% � Funds��y, I14 General Fund I�rht Service Debt Servlce 13"o General Fund Capitel Funds 69 9 Enterpnse Funds EDA 2 12/4/2013 ❑Total Proposed ss,000,000 - Spending: ED'� 5'-,i00,000 � $2,795,398 •0.43%Decrease SZ,OOO,OW � � � - . Enterprise compared to 2013 butlget FunJ $I,500,000 .... _ -. — _ Ca�+ilal Fund $I,000.000 � �� DebtService SSW,000 .I. _. _ ._. — _ $0 � .. � -, ��. General FunA c I r.i�.C��r Debl ti�>n i.c I'ersonnel ���,. Sen-�ces 2�� .CapitalOullacs Materialsh I n°o Suppl les 4 �°� Contraetual Services ax� _,f �,-.,� � S�000,000 _,._ ❑Proposed Spending. �e�� , .,_____ $1,933,998 �gq>,ppp . - •0.07%increase �-���� ��,: ; - over 2073 budgel gS�,�p�� , $4(M),000 �:� � ,���� _ 53W.000 . . _—__—_... _. —.____•,,_.. 52IXL000 . . ._ . 51IX)A00 SO Cq o�1 a��¢°`��Sr+°�94�,�q°Sts �� � ���� �vc �G G �H' q� �3° P 4�� �,o 3 12/4/2013 farV.ti Comm. q^e � ���Genter City ?% Coun�:i). Admtn.+i l% Firu�ns �$ao �.Eleitions �� 0"0 \Planning Rc Public 6wlAing works \ 9�" �5% lPolice Fire 6% 16"0 SI000.000 . _. ._ ._...... . ... ._.. .. S`WM1,IXM) . .. ____ . 2010 $8W,0(N)t. __—. _ . . . S"OO.IXb {__- __. . 201I SnIX],IX� _ _--.. . 4500AIX) ._— .—'_ . 2072 SaW,OW k ...._ . . ,'(il� bzW,IX� ...-- $200,IX70 – SIOO.WO ; 2014 SO I 4y�L°�" eL"���'as�4�v� 4�c`Q��4'��G¢r`eti a� G,� ��0 �,op ��,cl P Q�� Go Cap�tal Transfers o�ur"— �'� s% 040 i>Prs<,�,nei ������ 32"0 Conha�tu�l Sereices 5?"0 _hiaterfxls� Supplics I l e 4 12/4/2013 �:Staff estimated 2012 sales tax expenditures to be about$21,500 based on expenses in materials and supplies,capital outlays and some cuntractual services •aSales tax savings allows some depts. (Fire and Public Works)to purchase more supplies they need�nd also covers increase in some personnel services .Most depariments wll see a reducGon in spending in 2074;these changes are almed at bringing the budgeted expendiWres more in line vnth actual spending history. �Elections,Planning and Building.and Police are the only departmenls proposed to increase spending in 2014. �New FT Maintenance Worker and one less PT.Seasonal Maintenance Worker �Step increase for regular fuil and part time employees and 2%wage increase for Fire Departmen�personnel ��Significant savings(516,000+)from switch in health insurance plans .Increase for building activiry and Zavoral monitoring DebtService J Pmposed Spending. $q��pp . $351,874 •4.83%decreasetrom �"� � � 2013 budget �i��,� . . . .. •Deaease,in part,due to$;W,�O � —� .-. — 2013 equipment 5'_SO,WO � - � —� ---- — -- certifcate payments 52pp,WU - being less than 5150,OOU prepaymem on 2005 Fire 51 W,(N)0 � ��� � HallBonds 550,(�0 �, ... . $0-. ^_010 2071 2012 2013 2014 5 12/4/2013 .Proposed expenditures of$68,250 include: �$12,250 for an electronic tlata storege system �$36,000 for a portable backup generelor ✓$20,000 towards the fmprovements at Log House Landing r ;�" ,�1 x�x,', ''. �5r,� . . . �����;� P . . �.1 i r�.e��,. Chargesfor Fines.4 Other Services Forfej;�iy� 59; 9e � �` Intergovt� Revenues 3"0 I.irenses& Pcrmits Taxes xo^;� �� � <,.;� , � . Property taxes,except: • Sand and Gravel Tax • 521,802 revenae to Public Works Budget 6 12/4/2013 Cenecal Fund $1,736T•5 $1,620,4Ev1 DebtService $343,003 $327,SQ5 Capi[al Fund $91,296 $222,104 HDA $0 $1,000 � iotal Le��c $2J77,074 S2J77,074 . . Levy 5','_W,000 - . . 52,777,074 82:177,074 5',I SQ000 ._.-_.___. .. . 5'_,100,000 - 91,055,774.. . . 5'-,050,000 , � $2,073,fi3t . __..... S'.000.000-_— .__— — $1,950,000 � 51,91R,E,b7-. .. ._. ._ .. __...__ $1,900,000 $1,850,000- $I,800,000 � SL;SO.OW'__�—__-... ... .._., ___.._. .. . _ ... _� 2010 2071 2012 2073 2014 d� x� � ` 1G ���� 51,91fi,6�F; $5;,'S>" 3.10°0 '_011 5�,01�,6i1 S95.W�1 4.95e . .' . '`��� $2,OSS,VS 541.523 2.06% 'Oli 4_'.Ii1,0--4 5173.S1a Sh-10 '(11J 5_'.I,-1.0--F 511 ll"„ 7 12/4/2013 02014 Median Tax Value(Homestead):$244,700 • Decrease in value of 9.8%compared to^_013 • Total Tax Aecreax of$?i 1 • Only 32 will see an uicrease, 7,1 il no intrease •:2074 Median Tax Value(Commercial/Industrial/Utilih°): $100,500 • No change in value from 2073 • Total Tax fncrease of$SR(32�) • 62 pcoperties will see increase,4 no inerease Rates d5 -_�_-- d0.94 � 35.78 ;f.29 35 � 33.Si_.. __— .. � 28?8_ _ 25 20 15 ]0 _ — — __.__ — 5 a-- 0 i ------, 2010 2011 2012 2013 2014 ,:y"" � , Will also be affected by: �Valuation changes different than median �Classification changes �Homestead Market Valu�°Exclusion � School district differences,li��•��reFerende �11'atershed district differences �Other taxing districts(\1eVo Cotmcil,A[osquito Cm1Vo1, Counl�-HRA,Transit) 8 12/4/2013 .,�.,�,......., _ � _ ..� ,_ �� " !��,�,,�,�,�u�} 11!''H'i �111:,,,,;,,.�" I��'H �I���:! �f� �� I 3��� ��!lfii�'' � x#� . Open hearing for coinments and questions . Adoption ot 201-�budget and tax levj�,and 2014-2018 Capital Impm��enlent Program(CIP) at regular Council meeting on Tuesday,December 17,2013 (7:00 p.m.) 9