1. Work Session One 2011 City Budget ~ Manhattan ~ Kansas

2. 2011 City Budget  Declining ending cash balances  Declining reserves  Increasing property tax requirements from outside agencies  Increasing property tax requirements for the Bond & Interest Fund  Future rate increases across all enterprise funds From last year -- 2010 budget challenges First Work Session – May 26, 2009

3. 2011 City Budget  Declining ending cash balances  Minimal reserves  Increasing property tax requirements from some outside agencies  Increasing property tax requirements for the Bond & Interest Fund  Future rate increases across all enterprise funds For next year -- 2011 budget challenges

4. 2011 City Budget 2011 budget challenges Projected Property Taxes for Outside AgenciesLeviesChange RCPD27.0251.463 Library4.2470.000 Library EBF0.9320.000 Riley County Health Department0.5760.045 32.7811.509 Property Taxes for City Services General Fund2.7210.000 Employee Benefit Fund1.4590.722 Fire Equipment Reserve0.1160.000 General Improvement0.000 Park Development0.000 KP&F0.174(0.173) Industrial Promotion0.000 Bond & Interest Fund5.7913.695 10.2614.244 Possible 2011 Mill levy 43.041 Estimated increase over 2010 Mill Levy 5.752

5. 2011 City Budget  Property taxes remain at same level  Budgeted capital improvements are lower  New personnel positions are revenue neutral  Sales tax transfers increase to offset declining revenues  Utility fund transfers remain at same level Status of General Fund for 2011

6. 2011 City Budget Growth of General Fund and Bond & Interest Fund General Fund Bond & Interest Fund

7. 2011 City Budget Declining Cash Balances in the General Fund and Bond & Interest Fund General Fund Bond & Interest Fund

8. Status of Bond & Interest Fund for 2011  Declining cash balance  Smaller sales tax transfer  Special assessment delinquency of 5%  Increase to budgeted cash reserves

9. 2011 City Budget Status of Bond & Interest Fund Debt Current & Approved Debt

10. 2011 City Budget Status of Bond & Interest Fund Debt Projected Total Debt

11. Expenditures Property TaxesMills Special Assessments $ 6,445,436 $ 322,2720.746 Miscellaneous Expenses & Cash Reserves 1,106,662 2.563 Approved Capital Projects (Not Yet Bonded) 1,066,700 -0.000 Approved CIP Started (Not Yet Bonded) 469,013 1.086 Downtown Redevelopment 287,535 94,3140.218 Proposed CIP 136,123 113,9900.264 Current Debt 5,215,837 394,6740.914 $ 14,727,306 $ 2,500,9255.791 Status of Bond & Interest Fund Debt Current Bond & Interest mill levy = 2.096

12. 2011 City Budget  Employee Benefit Fund impacted due to new KPERS law  Kansas Police and Fire Fund is healthy  Riley County Police Department will, most likely increase, along with a 2% budgeted delinquency Status of Special Revenue Funds for 2011

13. 2011 City Budget  Projected rate increase for all three utility funds  Two new positions proposed. One may be revenue neutral and neither will have an impact on property taxes  Funding for Levee design and construction remain unclear Status of Enterprise Funds for 2011

14. 2011 City Budget Utility Cash Balances Stormwater Wastewater

15. 2011 City Budget  What is the City Commission’s response to…  Citizens CIP requests, especially DMI  Fire station expansion  aTa funding for the future  Any other concerns 2011 budget considerations

16. 2011 City Budget June 8th Second Budget Work Session on the 2011 City Budget and a Discussion of Water Rate Structure Reminder…