Major Challenges for 2014  Additional $607,375 for the Forest Lake City Center lease payment. The other half of the lease payment/debt service will.

Slides:

Advertisements

Similar presentations

Debt Affordability Committee 1 Debt Affordability Committee August 15, 2013.

Advertisements

OBJECTIVES Reduce the amount of proposed tax increase we are asking from our citizens from.35 to.25 while maintaining current service levels. Where possible.

Capital Improvement Planning Committee 2008 MGL CH. 41: annual review of a municipalitys capital items. Make recommendations in a budget or annual report.

1 MICHIGAN MUNICIPAL SERVICES AUTHORITY COLLABORATE INNOVATE SERVE Michigan Local Government Benchmarking Consortium Conference: Benchmarking for Success.

Short-Term Alternatives for City Offices. Background and History Citys current lease for City Marketplace offices ends October 31, 2014 For 22,221 square.

1 Public Speaking: From Large Audiences to Internal Staff Meetings Rebecca Otto State Auditor NASACT Middle Management Conference April 18, 2013 St. Paul,

1 Defeated Budget Process NJ Department of Education April 2014.

Paramus Public Schools 2010 – 2011 Budget Public Hearing Presentation Ms Shelia Criscione, Board President Mr. Anthony Balestrieri, Chairman, Finance Committee.

City Council Meeting Agenda Items October 28, 2013.

BUDGET FORUM February AGENDA  Background  McCleary  Next Steps  Group Activity.

FISCAL CONSTRAINTS & CHALLENGES PRESENTED TO THE BOARD OF EDUCATION DECEMBER 9, Rye City School District.

Proposed Second Amended Interlocal Agreement for Public School Facility Planning School Board of Broward County, Florida Presented By: The Growth Management.

Puyallup IT & Communications Puyallup Services and South Sound 911 TOPICS Summary – Current Direction of IT & Communications South Sound Updates Puyallup.

Department of Public Works Public Hearing – FY 2015 – 2019 Recommended Capital Improvement Program Budget April 28, 2014.

LEADERSHIP GROUP 5 TH JULY 2011 BUDGET 2012/13 – 2014/15.

TOWN OF LANTANA FY 2010/11 BUDGET WORKSHOP Town of Lantana Budget Workshop July 26, :30 PM.

Work Session Two 2011 City Budget ~ Manhattan ~ Kansas.

+ Proposed Lockwood Targeted Economic Development District 2015 Yellowstone County.

Forest Lake Area Schools Truth in Taxation Hearing for Taxes Payable in 2010 December 3, 2009 Presented by: Larry Martini Director of Business Services.

Introduction of the City Manager’s Proposed Fiscal Year 2012 Budget January 3, 2011 Sanford Miller, City Manager Robert Rusten, Assistant City Manager.

2014 City Budget and Capital Improvement Program First City Budget Work Session.

Financing Your CIP …and Planning Ahead for New O&M.

City of Lino Lakes Public Hearing on Proposed 2010 Operating Budget and Property Tax Levy December 14, 2009.

2006 Budget Recommendation September 20, Agenda Budget Preparation Policy Issues Recommended Budget Assumptions Sensitivity Finance and Audit Committee.

City Manager’s Office Approval of Public Monument Policy City Council August 31, 2015 Item 20.

Budget Committee Workshop February16, Oregon’s local budget law is a group of statutes that require local governments to prepare and adopt annual.

3TB Project Review Tax Increment Financing (“TIF”) Overview January 25, 2013.

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst.

Local Government Three Types. Three Types of Local Governments Counties Cities Special Districts.

JULY BUDGET WORKSHOP NO FISCAL YEAR GENERAL FUND & ANCILLARY FUNDS Innovation will serve to keep the plan in the forefront of all that.

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst Tuesday, July 28 th 2015.

Utility Financial Management AWWA Intermountain Section Leadership Forum Session Two November 10, 2015.

* 2012 is Preliminary Data. Report No 9 Page CFA – 7 …, the Council on Finance and Administration has approved a goal of moving toward a reduced total.

2013 City Budget August 14 – Public Hearing Budget Overview $416,171 increase for FT/PT employee salaries (1.7% COLA; 2.0% merit; plus negotiated.

Presented By Public Resources Management Group, Inc. RECREATION IMPACT FEE STUDY Prepared on October 10 th, 2013.

Recommended May 12, Budget Presentation Peer comparisons Decision filters  Strategic Plan  Budget Development Guidelines General Fund Revenues/Expenditures.

1. FY Proposed Budget Jamie Justice, Town Manager & Piet Swart, Finance Director April 26, 2016 Fiscal Year Proposed Budget 2.

Presented to the Board of Education April 26, 2016.

FY PROPOSED BUDGET  A "Target Level" expenditure base was established for all departments six- months’ worth of operations (July 1, 2016 – December.

CITY OF PORT ARTHUR, TEXAS BUDGET WORKSHOP July 12, 2005.

TIF 9 (Trinity River Vision) Expansion and Updated Project and Financing Plans Jay Chapa, Director Housing and Economic Development.

City of East Point FY 2012 Budget Presentation. Comparison of FY11 vs. FY12 Budget Policies Proposal FY 11 TotalFY12 O&M Changes FY11 Current Budget 94,652,326.

1. Budget Process 2  Preliminary budgets submitted by Department Directors in early July  Budget reviewed by Finance Director and City Manager in late.

PRESENTED BY: REBECCA ALLARD INTERIM ASSISTANT SUPERINTENDENT FINANCE, FACILITIES AND OPERATIONS MARCH 17, 2016 Illinois School Finance.

1 FY BUDGET PRESENTATION Board of Estimate and Taxation February 9, 2015.

FY 2016 Budget Workshop June 11, 2015 Brian Maxwell, City Manager Dan Buckley, Deputy City Manager Mike Loftin, Finance Director 1.

1. Budget Process 2  Preliminary budgets submitted by Department Directors in early July  Budget reviewed by Finance Director and City Manager in late.

 Maintain a systematic approach to planning and initiating capital projects affording the opportunity to plan the location, timing, and financing of.

Overview of Mayor’s 2017 Recommended Budget and Levy

CITY OF NEW SMYRNA BEACH

CITY OF WASECA 2017 Property Tax Levy Based on Recommended Budget Truth In Taxation Meeting December 6, 2016.

INDEPENDENT SCHOOL DISTRICT No. 318

Proposed Budget FY August 7, 2017

City of Pembroke 2007 Budget

FY 2018 Budget Review Process and Schedule

2018 Preliminary budget and tax levy SEPTEMBER 25, 2017

FY 2017 Recommended Capital Plan

St. Francis Public School Proposed Levy Payable 2018

Roselle Park School District

FINAL 2018 Budget December 14, 2017 City Council Meeting 12/14/2017

What is a G.O. Bond? General Obligation bonds are a form of debt financing Used to finance capital projects Payable from property taxes Approved by voter.

Work Session Follow UP Aug. 23, 2018.

Evanston FY 2018 Proposed Budget Presentation October 16, 2017.

Capital Improvement Plan

Financial Considerations

Independent School District No. 318 December 3, 2018

Presented to the School Board -- July 21, 2011

City Council approved $750,000 “transform” design option

2020 Fiscal Year Budget Calendar.

Presentation to the Special Administrative Board

Presentation transcript:

Major Challenges for 2014  Additional $607,375 for the Forest Lake City Center lease payment. The other half of the lease payment/debt service will be levied in the payable year 2015 budget. The impact of the increased levy will be mitigated by the expiration of a two TIF Districts that will add significant value back into the overall tax base.  Proposed levy increase of 12.4% increase compared to the the 2013 levy. Of this increase, 32% is attributable to General Fund activities and 68% is attributable to the lease payment/debt service associated with the Forest Lake City Center project.  Levy limits

Strategic Planning & Policy Considerations

Strategic Planning & Policy Considerations

Strategic Planning & Policy Considerations

Finance Committee Recommendations  Establish a separate Sewer and Water Fund.  Proceed with the purchase of Gateway Signs using Capital Improvement Fund resources.  Delay completing the Public Works Facility Concept plan until consensus exists to move forward on the project.

Strategic Planning & Policy Considerations

Strategic Planning & Policy Considerations

Strategic Planning & Policy Considerations

Park Board Recommendations

National Parks and Recreation Association Park Investment Benchmarks  National Average Spending for Parks and Recreation = $76 Per Capita  City of Forest Lake Average Spending for Parks and Recreation = $16.96 Per Capita

Council Budget Review –Budget Workshop, August 8 th at 6:30 pm- Complete –Finance Committee Review, August 13 th at 11:00 am- Complete –Budget Workshop, August 22 nd, 2013 at 6:30 pm (Public Input Session) –Budget Workshop, August 29 th, 2013 at 6:30 pm- Optional

Discussion Questions 1.Provide direction on the four remaining strategic planning/policy items. 2.Is the Council comfortable with the Finance Committee recommendations? 3.Is the Council comfortable approving the preliminary budget and certifying the preliminary levy, or would you like to have an additional budget workshop on August 29 th, 2013? 4.Is the Council comfortable with the Capital Improvement Plan?

Prepared by: The Department of Administration and Finance Aaron Parrish, City Administrator Ellen Paulseth, Finance Director