Midvale City FY Budget. Proposed Budget for Fiscal Year beginning July 1, 2017 and ending June 30, 2018

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1 Midvale City FY Budget Proposed Budget for Fiscal Year beginning July 1, 2017 and ending June 30, 2018

2 Midvale City Funds Governmental Funds General Fund Capital Improvement Projects Enterprise Funds Water Sewer Storm Water Street Lighting Sanitation Telecommunications Internal Service Funds Fleet Information Technology Special Revenue Funds Redevelopment Agency Municipal Building Authority

3 General Fund Fiscal Year Surplus and General Fund Fund Balance

4 FY 2017 Surplus Revenue side Estimated revenue in excess of budget: $640,000 (3.5%) Property tax $ 440,000 Sales tax 175,000 Other taxes 80,000 B&C Road funds 125,000 Permits/licenses (135,000) Court revenue (35,000) Other (10,000) $ 640,000 Property tax: New tax rate established by City Council in June 2016 reaches back to January 2016

5 FY 2017 Surplus Expenditure side Estimated expenditures below budget: $550,000 (3.0%) Salaries & benefits $ 340,000 Operations 210,000 $ 550,000 Salaries & benefits: Emergency Manager vacancy Facilities Manager vacancy Public Works Director vacancy Court Clerk vacancy

6 FY 2017 Estimated Fund Balance aka Rainy Day Fund Balance 6/30/2016 $2.65 million FY 2017 surplus revenue side.64 million FY 2017 surplus expenditure side.55 million Balance 6/30/2017 $3.84 million

7 FY 2017 Estimated Fund Balance aka Rainy Day Fund Fund Balance as Percentage of Budget 25.0% 25% 21.5% 20% 14.5% 15% 10% 5.0% 5% 0% Minimum allowed by State Midvale City 6/30/2016 Midvale City 6/30/2017 Maximum allowed by State

8 General Fund FY 2018 Budget

9 FY 2018 General Fund Projected Revenue Description FY 2017 Est FY 2018 Bud Difference Sales tax $7,088,500 $7,372,000 $283,500 Property taxes 3,130,600 2,817,000 (313,600) Other taxes 2,766,300 2,752,400 (13,900) Intergovernmental 2,645,300 1,303,600 (1,341,700) Charges for services 1,696,500 1,831, ,400 Court revenue 915,800 1,042, ,200 Licenses/permits/other 676,200 1,010, ,300 Total $18,919,200 $18,129,400 $(789,800)

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12 FY 2018 General Fund Proposed Expenditures Description Amount FY 2017 expenditures $17,813,500 Less one time items 2,015,000 FY 2018 Base Budget 15,798,500 3% merit/9.5% insur inc/market adj 278,000 New positions 141,000 Debt service on new bond 477,000 Police contract increase 257,600 Animal Control increase 46,800 New capital projects 1,012,300 Other 118,200 Total $18,129,400

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15 Modifications prior to adoption Actual contract with UPD $6,865,000 Anticipated for tentative budget 6,696,600 Difference 168,400 Additional revenue from State/County for shelter (269,600) Additional revenue $ 101,200 Adjustments to Administrative fees $ 12,400 Truing up of property tax revenue not yet available $?

16 Capital Improvement Projects Fund FY 2018 Budget

17 Capital Projects FY 2018 Curb/gutter/sidewalk replacement $ 100,000 Pavement management 300,000 Remodel of Community Center/Bowery 950,000 City Hall overflow parking improvements 55,000 Jordan River Trail extension 30,000 Normandy Way improvement design 10,000 Open Space acquisitions 20,000 City Housing Fund 50,000 Pickle Ball Court (increase in project cost) 12,000 Unallocated 10,000 Total $1,537,000

18 Road Bond Projects ($9 million) $6 million project for major road upgrades Remove/replace select sections of curb/gutter/sidewalk Removal of trees in park strip causing alignment/grade issues Surface treatment (mill/overlay, slurry seal, crack seal) $3 million for road upgrades adding curb/gutter/sidewalk 13 identified areas Phased over three years FY 2017 FY 2019

19 Water Utility Fund FY 2018 Budget

20 FY 2018 Water Fund Projected Revenue Description FY 2017 Estimated FY 2018 Budget Difference Water base/consumption $4,427,200 $4,550,500 $123,300 Other user charges 148, ,000 (1,500) IRS subsidy for BABs 115, ,600 (2,300) Other revenue 27,100 29,000 1,900 Total $4,718,700 $4,840,100 $121,400

21 FY 2018 Water Fund Proposed Expenditures Description FY 2017 Estimated FY 2018 Budget Difference Personal services $818,100 $865,300 $47,200 Administration 674, ,500 51,000 Water supply costs 1,246,600 1,275,300 28,700 Debt service 1,374,600 1,339,500 (35,100) Capital expenditures 100,000 1,400,000 1,300,000 Total $4,213,800 $5,605,600 $1,391,800

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23 Water Utility Fund 2018 Highlights 7% rate increase Service Area 1 (Historic Midvale) Approximately $25 per year for average residential user 5% rate increase Service Area 2 (Bingham Junction) Approximately $26 per year for average residential user 5% rate decrease Service Area 3 (Union) Approximately $(14) per year for average residential user Construction of Jordan Valley Water Conservancy District metering stations Waterline replacement project Roosevelt Street North Grant Street Adams Street Baker Drive, Newbold Circle, Tera Circle Waterline replacement ahead of major road work

24 Water Rate comparisons Rate Comparison Off peak (9,000 gal) Peak (30,000 gal) Draper South Jordan Riverton Sandy SLC Residents Midvale SA West Jordan Midvale SA Sandy South Salt Lake Midvale SA Jordan Valley Murray Combined

25 Sewer Utility Fund FY 2018 Budget

26 FY 2018 Sewer Fund Projected Revenue Description FY 2017 Estimated FY 2018 Budget Difference Sewer base/usage $1,865,500 $2,051,400 $185,900 Other user charges 39,800 34,000 (5,800) Other revenue 2,500 22,500 20,000 Total $1,907,800 $2,107,900 $200,100

27 FY 2018 Sewer Fund Proposed Expenditures Description FY 2017 Estimated FY 2018 Budget Difference Personal services $313,400 $270,500 $(42,900) Administration 311, ,100 (21,800) System operations cost 1,191,700 1,033,600 (158,100) Debt service 196, ,500 (5,300) Capital expenditures 50,000 70,000 20,000 Total $2,063,800 $1,855,700 $(208,100)

28 Sewer Utility Fund 2018 Highlights 8% rate increase System wide Approximately $35 per year for average residential user Sewer System Master Plan underway Upgrades coming to South Valley Water Reclamation Facility Grit and phosphorus removal Midvale City s cost is about $1.4 million

29 Sewer Rate comparisons Rate Comparison 9,000 gal South Salt Lake Midvale West Jordan Murray South Valley Sewer District Cottonwood Improv District Granger Hunter Midvalley Improv District Sandy Suburban Improv District 15.04

30 Storm Water Utility Fund FY 2018 Budget

31 FY 2018 Storm Water Fund Projected Revenue Description FY 2017 Estimated FY 2018 Budget Difference User fees $1,694,400 $1,702,200 $7,800 Other user charges 6,200 6, Facility use (other funds) 84,000 84,000 Other revenue 10,800 8,500 (2,300) Total $1,795,400 $1,801,200 $5,800

32 FY 2018 Storm Water Fund Proposed Expenditures Description FY 2017 Estimated FY 2018 Budget Difference Personal services $626,100 $607,200 $(18,900) Administration 358, ,200 14,200 System operations cost 211, ,400 (85,900) Debt service 446, ,000 1,000 Capital expenditures 875, ,000 (775,000) Total $2,516,400 $1,651,800 $(864,600)

33 Storm Water Utility Fund 2018 Highlights No rate increases Last phase of improvements funded by Series 2014 bond Ongoing capital maintenance of $100,000 per year

34 Storm Water Rate comparisons Rate Comparison Charge/ERU Draper 9.00 South Jordan 8.50 Midvale 8.00 South Jordan KMS 6.50 Sandy 6.00 Riverton 6.00 Murray 4.65 West Jordan 4.50 West Valley City 4.00

35 Street Lighting Fund FY 2018 Budget

36 FY 2018 Street Lighting Fund Projected Revenue Description FY 2017 Estimated FY 2018 Budget Difference User fees $378,800 $380,000 $1,200 Other user charges 1,100 2, Other revenue 1,500 1,500 Total $379,900 $383,500 $3,600

37 FY 2018 Street Lighting Fund Proposed Expenditures Description FY 2017 Estimated FY 2018 Budget Difference Personal services $6,000 $7,000 $1,000 Administration 37,000 54,100 17,100 System operations cost 107, ,000 12,600 Debt service 211, ,000 Total $361,400 $392,100 $30,700

38 Street Lighting Fund 2018 Highlights No rate increases

39 Sanitation Fund FY 2018 Budget

40 FY 2018 Sanitation Fund Projected Revenue Description FY 2017 Estimated FY 2018 Budget Difference User fees $930,000 $927,300 $(2,700) Other user charges 4,500 5, Other revenue 16,600 10,500 (6,100) Total $951,100 $942,800 $(8,300)

41 FY 2018 Sanitation Fund Proposed Expenditures Description FY 2017 Estimated FY 2018 Budget Difference Personal services $19,000 $16,000 $(3,000) Administration 74,700 79,600 4,900 System operations cost 864, ,400 22,200 Total $957,900 $982,000 $24,100

42 Sanitation Fund 2018 Highlights No rate increases

43 Garbage Rate comparisons Rate Comparison Basic + addt l G & R Basic G & R Addt l Gar Addt l Recy Draper West Valley City South Jordan Sandy Murray West Jordan Midvale South Salt Lake Riverton

44 Telecommunications Fund FY 2018 Budget

45 FY 2018 Telecommunications Fund Projected Revenue Description FY 2017 Estimated FY 2018 Budget Difference User fees $21,300 $27,100 $5,800 Transfer from Gen Fund 850, ,000 Other revenue Total $871,300 $877,300 $6,000

46 FY 2018 Telecommunications Fund Proposed Expenditures Description FY 2017 Estimated FY 2018 Budget Difference UTOPIA pledge payment $845,000 $860,000 $15,000 CUE payments to UTOPIA 20,900 25,700 4,800 Total $865,900 $885,700 $19,800

47 Telecommunications Fund 2018 Highlights Operating expense coverage for UTOPIA ended FY 2016

48 Midvale City All Funds FY Budget Fund FY 2017 Budget FY 2018 Budget Difference General $18,372,600 $18,129,400 $(243,200) Capital Projects 4,181,800 1,537,000 (2,644,800) Water 5,463,000 5,605, ,600 Sewer 1,964,600 2,107, ,300 Storm Water 2,664,800 1,801,200 (863,600) Street Lighting 375, ,100 16,700 Sanitation 970, ,000 11,700 Telecommunications 867, ,700 18,700 Fleet 1,311,700 1,150,200 (161,500) Information Technology 50,900 63,700 12,800 Total City Budget $36,222,100 $32,654,800 $(3,567,300)

49 FY 2018 Employee Compensation Package (All Funds) Description Amount Health Insurance Premium inc 9.5% $ 56,300 City s contribution/ HDHP deductible 67,500 Inc in waiver for declining health insur 37,500 Average 3% merit increase 88,800 Market adjustments 27 positions 100,600 Total $350,700

50 FY 2018 Municipal Fee Schedule changes Sewer Rates

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52 FY 2018 Municipal Fee Schedule changes Water rates Service Area #1

53 FY 2018 Municipal Fee Schedule changes Water rates Service Area #2

54 FY 2018 Municipal Fee Schedule changes Water rates Service Area #3

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