City of Woodstock Proposed Budget FY 2014 Presented May 20, 2013

City of Woodstock Budget Categories The budget process includes three distinct categories: Operating Budget (General, Special Rev and Enterprise Funds) Capital Equipment Fund (CEF) Service Funds: Health Insurance, Worker’s Compensation & Debt Funds 2

City of Woodstock FY 2014 Budget Overview City of Woodstock FY 2014 Budget Overview General Fund$ 16,910,536 Special/Svc$ 6,384,157 Water-Sewer$ 10,497,503 Proposed FY14$33,792,196* Amended FY13$33,631,794 *Debt Service, Health, Workers Comp. Funds netted out of total budget. 3

City of Woodstock Total Expenditures 4

City of Woodstock Millage Rate History 5

City of Woodstock Digest History 6

General Fund – FY 2014 General Fund – FY 2014 FY 2013 Amend.$15,480,859 The General Fund budget has dropped 2014 Proposed$16,910,53620 % in five years from the $21.2m to $16.9m. Increase $ 1,429,677 % Increase 9% 7

City of Woodstock General Fund – Overview of Major Changes 3% COLA for Full-Time Employees No furloughs, layoffs or changes to benefits Limited number of new positions Recurring Revenues are projected to be up 6% Maintained the $250,000 Contingency plus $50,000 Benefit Cont. Gross Property Tax Digest is up 3% before appeals and 1.2% after exemptions Trying to maintain FY 2013 levels 8

City of Woodstock General Fund – Overview of Major Changes Transfer to CEF of $84,000 ($105,000 in 2013) Maintaining Millage mills Utilized a 99% Collection Rate CALEA certification included in Police budget Grants: DOJ, Fire Prevention & Safety, Rubes Creek Trail and S. Main Street TE Library Payment to County Discussion There are no 2014 Retreat Costs included 9

City of Woodstock Personnel Changes Added two (2) F-T Police Officers Added two (2) F-T Streets Maintenance Added one (1) F-T Parks Maintenance position for Trail coverage, that will start mid-year to Spring of ‘14 Added two (2) P-T positions in IT to replace the HelpDesk Added one (1) P-T in HR Converted nine (9) P-T for Parks & Rec Reduce one (1) F-T Property Tax in Finance 10

City of Woodstock General Fund Revenue - $16,910,536 Slight rise on the Property Tax Digest and current Millage Rate prior to the appeals process Motor Vehicle taxes budgeted at $524,265; an increase of $35,265 over FY 2013 budget.  This is based on the preliminary digest & current millage rate. Building Permits & Inspection Fees are increased by $78,000 over FY 13 budget.  We’ve already achieved 102 Building Permits to date and new projects are forecasted. Existing Fine Schedule Increases - $344,158.  Full year of the revised Fine Schedule 11

General Fund Revenue $16,910,536 12

City of Woodstock Capital Equipment Fund FY 2013 Projects: Palo Alto Firewall for $25,000 Unidesk Software for $34,000 ROW Mowing Package for $25,000 13

Special Revenue & Service Funds These include: GreenPrints Impact Fees SPLOST III SPLOST IV Tax Allocation District Hotel/Motel Confiscated Asset (Police) Capital Equipment Fund Debt Service Health & Workers Comp 14

Special Revenue Funds GreenPrints This fund is budgeted based on the partnership with Gas South and the trending revenue. Impact Fee This fund is budgeted based on anticipated activity and will be disbursed on approved Parks & Recreation capital items. SPLOST III & IV This fund is budgeted based on the estimated revenue stream from the county. A new SPLOST IV fund was created for the 2012 SPLOST. Hotel/Motel This is a self-supporting fund used to promote travel and visitation to Woodstock. Revenues are increasing based on FY 2013 actuals. 15

Special Revenue Funds Tax Allocation District This fund is used to account for the resources and related redevelopment expenses within the District that was created by the City in December Hotel Motel Fund This fund is used for the accumulation of Hotel/Motel revenues collected by the City and payment for expenses related to tourism and promotion of the City. Confiscated Assets Fund This fund was created for assets confiscated during investigations into illegal drug activities. 16

Special Revenue & Service Funds Added Debt Service Fund, Health Insurance Fund & Workers Comp Fund. Major items: SPLOST trending higher. Impact Fees are projected higher. Confiscated Assets and TAD are up slightly. Stormwater is up as well. New funds are counted in FY 2014 totals. FY 13 $ 6,108,526 FY 14$ 11,809,061 Increase $ 5,700,535 17

Water & Sewer Fund This fund is self supported through a tiered water rate, sewer charges, meter fees, and connection fees.  The council last approved a new rate increase in July, ◦ The Cobb County-Marietta Water Authority has implemented a program that has an annual rate increase of 8% effective every January 1 st. ◦ We are proposing a 3% increase to keep up with the wholesale rates & elimination of the Cost Adjustment Charge Structure for Water & Sewer ◦ Water well exploration is included at a cost of $350,000 18

Water & Sewer Fund Contributing Factors: $350,000 utilization of reserves for Well Exploration $273,055 for Capital Equipment No Rate Increase after last year’s 3% Retail Price Increase Increased demand and new developments with TAP Fees FY 13 $ 9,542,275 FY 14 $ 10,497,503 Increase $ 955,228 19

Stormwater Fund Contributing Factors: Utilization $853,266 of the Reserves for Stormwater projects: Washington Ave, Justin Drive & Floodplain Mapping and debt payments along with some equipment. FY 13$1,591,176 FY 14 $2,017,266 Increase $ 426,090 20

Material Changes to FY 2013 Creation of several new Funds: Debt Service, Health Insurance and Worker’s Compensation. Elimination of The Cottages Fund and SPLOST I. Detail the Building Maintenance line item to track costs by facility. To utilize the modifier to track costs by each P&R event. 21

City of Woodstock Thank Staff & Department Directors for assistance Appreciate Council’s Input Questions? 22