1. 2014 City Budget and Outside Agency Requests Fourth City Budget Work Session

2. 2014 Proposed City Budget 2013 Budget2014 Proposed Budget $ 121,804,142$ 130,866,107 Increase of $9 million primarily due to: (1)$1.25 million increase in the General Fund (2)$1.74 million increase in the Economic Development Fund due to renewal of the Riley County sales tax (3)$1.71 million increase in Bond & Interest restricted reserves (4)$1.33 million increase in 2014 principal and interest payments (5)$1.70 million increase in Water Fund reserves

3. 2014 Proposed City Budget Fund2013 Budget 2014 Proposed Budget General Fund$ 25,993,571$ 27,249,785 Special Revenue Funds$ 40,809,665$ 43,217,256 Bond & Interest Fund$ 24,495,886$ 27,651,662 Enterprise Funds$ 30,505,020$ 32,747,404 Totals$ 121,804,142$ 130,866,107

4. Mill Levy Summary Property Taxes Levied Mill Levy 201320,110,95743.439 1st Work Session21,911,82746.164 2nd Work Session21,911,82746.164 3rd Work Session21,993,82746.334 4th Work Session21,192,61843.699 Increase over 20131,081,661.260 2014

5. Budget Reduction List Employee Benefit FundReduction(53,000)(0.11) Community House Historic Resource Feasibility Study Reduction of Budget (65,000)(0.13) Manhattan Urban Area Comprehensive Plan Move to Economic Development Fund (64,000)(0.13) Downtown Design Guidelines Defer to 2015 CIP(4,800)(0.01) Update Zoning and Subdivision Regulations Defer to 2015 CIP(3,150)(0.01) Flint Hills MPO Move to General Improvement Fund (118,655)(0.24)

6. Health Care IncreaseBudget Absorption(93,428) (0.19) Tech Park Move to Economic Development Fund (100,000) (0.21) Downtown Manhattan Inc. Move to Economic Development Fund (45,000) (0.10) Manhattan Arts Center Move to Economic Development Fund (43,700) (0.09) RCPD DelinquencyBudget Absorption(263,476) (0.55) Budget Reduction List (continued)

7. 20132014 Increase (decrease) Increase in Valuation3.5%2.5% Home Value$ 207,000$ 212,000$5,000 Taxable Value$ 23,805$ 24,400$ 595 Total City General Fund Tax Bill$ 56$ 89$ 33 Total Bond & Interest Tax Bill$ 129$ 97$ (32) Total Tax Bill of Other City Levies$ 42$ 91$ 49 Total RCPD Tax Bill$ 682$ 662$ (20) Total Library Tax Bill$ 125$ 126$ 1 Annual Increase$ 1,034$ 1,065$ 31 Monthly Increase$ 2.58 Impact on Average Residence

8. 20132014 Increase (decrease) Increase in Valuation3.5%2.5% Business Value$ 226,853$ 232,670$ 5,817 Taxable Value$ 56,713$ 58,168$ 1,455 Total City General Fund Tax Bill$ 135$ 213$ 78 Total Bond & Interest Tax Bill$ 307$ 231$ (76) Total Tax Bill of Other City Levies$ 99$ 216$ 123 Total RCPD Tax Bill$ 1,625$ 1,580$ (45) Total Library Tax Bill$ 297$ 301$ 4 Annual Increase$ 2,463$ 2,541$ 78 Monthly Increase$ 6.50 Impact on Small Business

9. 2014 Proposed Utility Rates Residential Rate IncreaseCurrentProposedIncrease Water Fund0% $ 20.43 ------- Wastewater Fund3% $ 33.05$ 34.01$.96 Stormwater Fund2% $ 4.29$ 4.38$.09

10. 2014 Proposed Utility Rates Commercial Rate IncreaseCurrentProposed Monthly Increase Water Fund4% $ 115.97$ 120.58$ 4.61 Wastewater Fund3%$ 155.17$ 159.57$ 4.40 Stormwater Fund to 20,000 ft 2 2%$ 6.97$ 7.11$ 0.14 From 20,001 to 100,000 ft 2 2%$ 33.54$ 34.21$ 0.67 From 100,001 to 200,000 ft 2 2%$ 67.05$ 68.39$ 1.34 …and continues…

11. Are there any other budget –related issues that you would like City Administration to research before the Public Hearing on the 2014 City Budget and Capital Improvement Program on August 6th? Questions?