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2012 Budget Overview 1. State Population Growth – 2000 to 2010 2.

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Presentation on theme: "2012 Budget Overview 1. State Population Growth – 2000 to 2010 2."— Presentation transcript:

1 2012 Budget Overview 1

2 State Population Growth – 2000 to

3 Property Taxes for Outside Services 26 ¢ of Every Tax Dollar Property Taxes for City Services 8 ¢ of Every Tax Dollar State of Kansas 1 ¢ City of Manhattan 34 ¢ Riley County 26 ¢ USD ¢ 2011 Distribution of Every Property Tax Dollar 3

4 Local Average Wage 24,21325,38726,63527,68529,32830,89333,26835, ,00039,000 Total City Property Taxes 8,343,0349,328,7909,657,89810,725,54111,799,48912,264,30011,648,97012,157,63413,110,87314,734,67516,102,722 City Services Taxes 3,728,8523,196,7651,834,6282,446,7743,484,5573,645,6003,334,7511,965,5582,107,7102,065,5692,598,180 Outside Services Taxes 4,614,1826,132,0257,823,2708,278,7678,314,9328,618,7008,314,21910,192,07611,003,16312,669,10613,504,542 Local Average Wage 61.1% Total City Property Taxes 57.1% Outside Services Property Taxes 138.5% City Services Property Taxes (43.5%) Comparative Data – 2000 to 2010 CPI Inflation = 31% 4

5 General Fund Budget15,969,12316,690,42819,194,73821,507,12220,801,07522,130,61723,122,213 General Fund Expenditures15,146,72316,096,97118,656,93020,783,19420,644,54620,941,30720,955,392 Outside Services7,743,3487,745,3528,515,0329,311,53210,102,58411,271,45611,847,984 General Fund – Comparison of Budgets to Expenditures General Fund Expenditures Less than a 1% increase More than a 27% increase Outside Services Allocations General Fund Budget 5

6 General Fund – Additional Revenue Generated & Expenditure Savings 6 Expenditure Savings Excess Revenue Generated Excess Revenue to Budget 1,686,5171,990,5042,206,9432,219,4902,453,000414,838352,055 Total Expenditure Savings 322,399(6,554)57,901(326,073)(343,471)889,3901,153,849 Savings as % of Budget 2.1%0.0%0.3%-1.7% 4.1%5.2%

7 City Levy Outside City Services City Services State of Kansas Riley County USD Mill Levy Rates 7

8 State of Kansas (about 74 ¢) Riley County and Pottawatomie County (about 12 ¢) Pools and Sunset Zoo Sales Tax (about 3 ¢) City of Manhattan (about 12 ¢) Bond & Interest Fund Park Development Fund KP&F Fund Employee Benefit Fund 2011 Distribution of Every Sales Tax Dollar 8 General Fund

9 Mill Levy Rate Assessed Valuation Sales Taxes Percentage Change of Mill Levy Rates, Valuation and Sales Taxes

10 10

11 Property Tax Supported (Issued)2,645,00003,954,207620,00002,835,3926,260,5604,925,000 Property Tax Supported (Retired)2,283,0132,148,1096,787,1162,134,9101,802,3772,119,3393,568,9082,329,215 Total Issued $ 21,240,159 Total Retired $ 23,172,987 General Obligation Bonds – Issued to Retired 11

12 Non-Property Tax Supported (Issued) 9,865,0002,080,000500,7938,380,00015,710,00016,909,60821,824,44017,560,000 Non-Property Tax Supported (Retired) 5,671,9872,966,8915,117,8843,245,0903,372,6235,795,66114,416,0925,050,785 Non-Property Tax Bonds – Issued to Retired Total Issued $ 92,829,841 Total Retired $ 45,637,013 12

13 Questions to this point?

14 Budget Process Revenue ForecastingCapital Improvement PrioritizationOperating Budget FormulationManagement ReviewCity Commission Review and Adoption 14

15 Revenues vs. Expenses Revenues Expenses OperationsMaintenance Capital Improvement Projects Federal MandatesCash BalancesUtility FeesSales Taxes Property Taxes??? 15

16 Revenues vs. Expenses Revenues Expenses OperationsMaintenance Capital Improvement Projects Federal MandatesCash BalancesUtility FeesSales Taxes Property Taxes 16

17 Fund Accounting General Fund Finances the core operations of the City (Public Works, Park & Recreation, Fire, Community Development, Legal, and Administrative/Support Services) Special Revenue Funds Accounts for specific revenue sources that can only be spent for certain purposes Bond & Interest Accounts for the annual principal and interest payments on debt issuances approved by the City Commission Enterprise Funds Finances the business-like activities of the City intended to be covered by user charges (Water, Wastewater, and Stormwater Utilities) City Budget 17

18 2012 City Budget Fund2011 Budget2012 Budget General Fund 23,253,312 24,984,294 Special Revenue Funds * 41,961,201 40,599,272 Bond & Interest Fund 17,655,525 20,391,992 Enterprise Funds 22,175,500 29,367,130 Total$105,045,538$115,342,688 *The Community Development Block Grant Fund was a budgeted fund in 2011 but has been made a non-budgeted fund in 2012 consistent with other City grant funds. 18

19 2012 Property Tax Projections Projected Property Taxes for Outside AgenciesLeviesChange RCPD Library Library EBF0.911(0.005) Riley County Health Department Property Taxes for City Services General Fund Employee Benefit Fund Fire Equipment Reserve0.113(0.002) General Improvement0.000 Park Development0.000 KP&F0.169(0.003) Industrial Promotion0.000 Bond & Interest Fund Possible 2012 Mill levy Estimated increase over 2011 Mill Levy

20 2012 Property Tax Projections Projected LeviesChange Property Taxes for City Services General Fund Employee Benefit Fund Fire Equipment Reserve0.113(0.002) General Improvement0.000 Park Development0.000 KP&F0.169(0.003) Industrial Promotion0.000 Bond & Interest Fund

21 Property Taxes for Outside Services 25 ¢ of Every Tax Dollar Property Taxes for City Services 9 ¢ of Every Tax Dollar State of Kansas 1 ¢ City of Manhattan 34 ¢ Riley County 26 ¢ USD ¢ 2012 Estimated Distribution of Every Property Tax Dollar 21

22 Property Taxes for City Services 9 ¢ of Every Tax Dollar City of Manhattan 34 ¢ 2012 Estimated Distribution of Every Property Tax Dollar 22

23 General Fund Revenues Increase/ Budget (Decrease) Revenues Beginning Fund Balance 2,085,000 2,300, ,000 Taxes & Assessments 1,324,399 1,708, ,651 Sales and Compensating Use Taxes 7,750,040 7,752,040 2,000 Franchise Fees 2,733,368 2,992, ,264 Special Liquor Tax 400,000 - Business Licenses & Permits 119, ,000 (14,500) Non-Business Licenses 638, ,785 95,579 Intergovernmental 76,000 - Services & Sales 1,423,597 2,175, ,503 Municipal Court Revenues 1,563,400 1,464,018 (99,382) Use of Money and Property 501, ,900 (74,000) Contributions and Other Revenue 174, ,021 20,221 Transfers 4,463,102 4,654, ,646 Total Revenues: $ 23,253,312 $ 24,984,294 $ 1,730,982 23

24 General Fund Expenditures Increase/ Budget (Decrease) Expenditures Personnel Services 16,012,905 17,110,670 1,097,765 Contractual Services 3,313,382 3,633, ,909 Commodities 1,681,450 1,840, ,880 Capital Outlay (Inventory, Equipment, & CIP) 338, , ,617 Grants & Other 1,485,710 1,463,082 (22,628) Transfers 243, ,324 (20,281) Debt Service (Lease Purchases) 177, ,555 92,720 Total Expenditures:$ 23,253,312$ 24,984,294$ 1,730,982 The City anticipates that about $365,000 will be required to fund staffing and operational expenses associated with one-half year of personnel for Fire Station No. 5 (12 new personnel staffing the station 24/7). Current estimates suggest that about $393,000 in additional property taxes (a little less than one mill) will be necessary to fund both staffing and operations for this new fire station for half of

25 Employee Benefit Fund Increase/ Revenues Budget (Decrease) Beginning Fund Balance Ad Valorem 628, ,785 65,535 Delinquent Ad Valorem 1,000 2,000 1,000 Motor Vehicle 27,750 48,215 20,465 Sales Tax Transfer 1,050,000 - Total Revenue 1,707,000 $ 1,794,000 $ 87,000 Expenditures Cafeteria - Benefits Admin Fees 7,000 - FICA 666, ,000 30,000 Medicare 198, ,000 15,000 KPERS 707, , ,000 Unemployment 14,000 37,000 23,000 Workers Comp 115,000 - (115,000) Total Expense 1,707,000 $ 1,794,000 $ 87,000 25

26 Bond & Interest Revenue Budget Increase/ REVENUES (Decrease) Beginning Balance 1,469,022 1,540,087 71,065 Ad Valorem Taxes 2,399,386 2,650, ,032 Special Assessments 6,123,164 6,019,807 (103,357) Transfers from Other Funds 2,050,650 2,209, ,546 Sales Tax Transfers 1,350,000 1,100,000 (250,000) Special Election Sales Tax 1,066,700 1,401, ,393 STAR Bond Revenue 2,017,163 3,727,163 1,710,000 TIF A Revenue 979,554 1,439, ,000 Motor Vehicle Taxes 78, , ,227 Other Revenues 120, ,531 (438) TOTAL REVENUES $ 17,655,524 $ 20,391,992 $ 2,736,468 26

27 Bond & Interest Expenses Budget Increase/ EXPENSES (Decrease) Past Debt (Financed by Various Sources) 9,486,637 8,791,829 (694,808) Current Debt (Financed by Other Sources) 1,573,283 1,438,625 (134,658) Current Debt (Financed by Property Taxes) 2,028,895 1,922,849 (106,046) Current Projects Temporarily Financed (by Other Sources) 432,903 1,051, ,529 Current Projects Temporarily Financed (by Property Taxes) 23, , ,795 Special Obligation Bonds 2,996,717 5,166,717 2,170,000 Discretionary Projects (Financed by Property Taxes) 113, ,644 25,654 Cash Reserves 1,000,000 - TOTAL EXPENSES $ 17,655,524 $ 20,391,992 $ 2,736,468 *Increase in Bond & Interest Property Taxes for 2012 = $251,031 27

28 Fire Stations #3 and #5 Consolidated Dispatch Marlatt Avenue and US-24 Intersection Improvements Fire Stations #3 and #5 Consolidated Dispatch Marlatt Avenue and US-24 Intersection Improvements Results of 2012 Budget Creating Safe Communities 28

29 Results of 2012 Budget Incurring Growth and Preparing for More 29

30

31 Results of 2012 Budget Maintaining Infrastructure plus Increased Sustainability 31

32 Infrastructure Added Since Totals Sanitary Sewer (LF)20,30254,58942,77411,6019,69813,038152,002 Water Main (LF)28,00147,96238,28421,78715,83516,013167,882 Street Concrete (SY)3,81631,22424,10624,07526,73334,640144,593 Street Asphalt (SY)48,403107,27050,13038, ,010

33 Results of 2012 Budget Providing a High Quality of Life 33

34 Results of 2012 Budget Managing Public Resources 34

35 Federal and State Mandates Levee Certification Wastewater Treatment Plant Expansion Increased KPERS Rates Utility and Infrastructure Best Management Practices New Pagers and Radios 35

36 Community Enhancements with Leveraged Grant Funds US-24 & McCall Rd. Intersection Improvements = $1,000,000 Bluemont Ave. Road Improvements from Manhattan Ave. to 11 th St. = $750,000 WWTP Access Road Realignment = $820,000 Runway and Expansions = $7,803,703 NAVAID Equipment Relocation = $1,796, Since 2005, the City has leveraged more than $10 million dollars in grants for infrastructure improvements and more than $14 million for Airport improvements due to growth and safety needs of the community. Following are some of the major grant awards received by the City:

37 Reminder… June 14th Second Budget Work Session on the 2012 City Budget and a Discussion of Utility Rate Increases 37


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