CITY OF TARPON SPRINGS, FLORIDA FISCAL YEAR 2017 BUDGET PRESENTATION WORK SESSION 7/26/16

Transcription

1 CITY OF TARPON SPRINGS, FLORIDA FISCAL YEAR 2017 BUDGET PRESENTATION WORK SESSION 7/26/16

2 FY 2017 BUDGET PROCESS TO DATE March 2016 April 2016 Departments Enter Budget Request City Manager Reviews Budget Requests May-June 2016 Budget Advisory Committee Reviews Departmental Budgets July 26, 2016 First Budget Workshop

3 TOTAL CITY BUDGET Total City Budget $55,163,933 General Fund Budget $22,271,936 Water-Sewer Fund Budget $16,857,567 Sanitation Fund Budget $ 4,962,643 Local Option Sales Tax Fund(Penny)$ 2,709,732 Stormwater Fund $ 1,471,775

4 GENERAL FUND

5 GENERAL FUND BUDGET FY 2017 REVENUE CHANGE 6/3/16 BUDGET TO 7/26/16 Revenues - Budget Book 6/3/16, $22,662,776 Additions: Property Tax Adj. to 6.77% from 6.64% + 6,941 Other Revenue Adjustments + 15,000 Total Additions + 21,941 Decreases: Reserves-Unassigned - 186,905 Reserve Insurance - 80,350 Insurance Transfer from EBCD Fund - 120,526 Reserve Donation - 25,000 Total Decreases - 412,781 Net Increase (Decrease) - 390,840 Revenues Budget at 7/26/16 $ 22,271,936

6 GENERAL FUND BUDGET FY 2017 EXPENDITURE CHANGE 6/3/16 BUDGET TO 7/26/16 Expenditures - Budget Book 6/3/16, $22,662,776 Additions: New Positions/Adjustments + 109,201 Community Initiative Events + 12,000 Pinellas Homeless/SafeHarbor + 10,000 Total Additions + 131,201 Decreases: Health Insurance - 200,035 Capital Reductions - 150,882 Operating Expenditure Reductions - 171,124 Total Decreases - 522,041 Net Increase (Decrease) - 390,840 Expenditure Budget at 7/26/16 $ 22,271,936

7 GENERAL FUND - TOP TEN REVENUES TOTAL BUDGET $22,271,936 Revenue: FY 2017 Budget % of Budget Property Tax at 5.45 $ 8,111,824 36% Electric Utility Tax $ 2,099,000 9% Electric Franchise Fee $ 1,695,000 8% Half Cent Sales Tax $ 1,556,280 7% EMS Fees from County $ 1,428,727 6% Communication Service Tax $ 957,852 4% Revenue Sharing $ 814,529 4% Water Utility Tax $ 647,493 3% Fire Fees from County $ 402,003 2% Hospital Lease $ 342,499 2% Top Ten Revenue Total $18,055,207 81%

8 AD VALOREM TAX HISTORY LAST TEN YEARS: GENERAL FUND Fiscal Year Millage Rate Revenue Revenue Change Per Year Revenue Change From 2007 Taxable Property Values Per 1, $ 8,123,557 1,793, $7,840,894 -$282,663 -$282,663 1,938, $ 7,690,049 -$150,854 -$433,517 1,804, $7,397,392 -$292,648 -$726,165 1,583, $7,192,638 -$204,754 -$930,919 1,394, $6,856,134 -$336,504 -$1,267,423 1,328, $ 6,700,179 -$155,955 -$1,423,378 1,298, $ 6,784,272 +$84,093 -$1,339,285 1,315, $ 7,211,696 +$427,424+$+ -$911,861 1,399, $ 7,628,898 +$417,202 -$494,659 1,482, Proposed $8,111,824 +$482,926 -$11,733 1,582,514

9 AD VALOREM TAX HISTORY: GENERAL FUND Millage Rate Taxable Values ,000,000,000 1,900,000,000 1,800,000,000 1,700,000,000 1,600,000,000 1,500,000,000 1,400,000,000 1,300,000,000 1,200,000,000 1,100,000,000 1,000,000, Fiscal Year Fiscal Year $9,000,000 Revenue $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $ Fiscal Year

10 CURRENT PERSPECTIVE OF THE UNASSIGNED FUND BALANCE GENERAL FUND AS OF JUNE 30, 2016 Fiscal Year Change in Value + or - Unassigned Fund Balance 2007 $8,549, ,988 $ 8,716, $ 487,790 $ 9,203, $ 1,731,072 $10,935, $ 524,490 $10,410, $ 149,064 $10,559, $ 1,381,426 $ 9,178, $ 305,351 $ 8,872, $ 52,354 $ 8,820, Projected * - $15,000 $8,805, Budget - $0 $8,805,443

11 GENERAL FUND CAPITAL OUTLAY Unassigned Fund Balance: Information Technology Back up tapes $ 3,854 Network Tools 8,116 KVM Server 6,509 Tape Drive Hardware 25,523 Switches 10,790 HR Kiosk 2,593 Server Racks 10,788 Laptop 2,500 Replacement Servers 16,119 VOIP Equipment 4,130 Domaine Controllers Public Safety 11,172 VM Host Public Safety 12,041 Exchange Server Public Safety 8,179 Monitoring Tools $ 1, ,514 Planning Police TV for P&Z Conference Room 2,000 $ 2,000 A/C Unit for Dispatch 6,000 KVM Monitor 5,000 2 Servers 10,000 Network Switches 3,000 Traffic Trailer 15,000 Cross Match Fingerprint Machine 6,600 $ 45,600

12 GENERAL FUND CAPITAL OUTLAY (CONT) Unassigned Fund Balance: Fire A/C Unit 3,000 PC Workstations ,000 KVM Monitor 6,000 $ 21,000 Emergency Management Hurritrak EM/Pro Software $ 2,075 Facilities Maintenance CP Rec Center-Add Front Desk/Staff Office 4,000 Dorsett Park-New Shed 3,000 City Clerk-Exterior Building Repairs 10,000 $ 17,000 Parks & Parkways Playground Equipment/Mulch 8,400 Dorsett Park Ballfield Renov-Level & Sod/Irrigation and Fencing 15,000 Sunset Beach Sand 7,000 Boom Mower New Saw Blade Attachment 18,500 $ 48,900 Library Roads & Streets Books, Publications, Databases and other Materials 106,011 $ 106,011 Truck to Replace # ,000 $ 34,000 General Fund Unassigned Total $ 400,100

13 GENERAL FUND CAPITAL OUTLAY (CONT) Restricted Fund Balance: Cemetery Perpetual Care Fund: Donations: Security Camera System 15,000 Comprehensive Survey/Mapping 75,000 Golf Cart 6,000 Trac Vac Pick Up Truck Cover 2,000 $ 98,000 Library Memorial Building Renovations 35,000 Books, Publications, Databases and other Materials 11,250 $ 46,250 Recreation Donation LED Recessed DownLights 7,500 Light of Playground at Dorsett Park 3,000 Add Signage to Building 1,500 New Computer and Docking Station 2,100 Generators - 3 3,000 Floor Cleaning Machine 8,500 $ 25,600 Total Donations $ 71,850 General Fund Restricted Total $ 169,850 General Fund Total $ 569,950

14 GENERAL FUND ADDITIONAL REQUESTS NOT BUDGETED AT THIS TIME Leepa Ratner Donation $ 5,000 Facilities Maintenance Truck to replace #4323 $ 26,600 Fire Stations Floor Station 69 $ 39,245 Drywall/Paint Station 69 $ 40,000 Carpet/Floor Station 70 $ 12,800 Parks & Parkways 15" Chipper $ 55,000 Heritage Museum-Skylights $ 40,000 Cultural Center A/C Engineering $ 3,500 A/C $ 60,000 Economic Development Marketing Study $ 30,000 $ 312,145 *Any additional requests from the BOC to be added. At present time there is $33,687 in Non-Departmental.49 for BOC discretions.

15 MILLAGE OPTIONS If the BOC wishes to do a slight reduction in the millage rate, one option would be that budgeted expenditures would come in at 99.66%, a $75,165 reduction. There would be an additional $75,165 to consider from the current 5.45 millage rate: Millage Rate Reduction 5.44 $15, $30, $45, $60, $75,165

16 GENERAL FUND-NEW POSITIONS Department Building Development Facilities Maintenance Position Site Inspector Technician I Parks & Parkways Technician I Funded 50% FY 2017 Fire Administrative Secretary

17 WATER-SEWER FUND

18 WATER-SEWER CAPITAL PROJECTS Water: Water Plant Future Raw Water Wells 100,000 Generators/Electrical Upgrades 86,000 Well Field Improvements/Meters/VFD/Pumps/Controls/Security 25,000 Solar Energy Efficiency Improvements 500, Buildings 20,000 Water Supply/Well Systems Well Improvements, Hydrant Flushing Automation 250,000 Water Distribution Air Release Valve Replacement 25,000 Hydrant Improvements 50,000 Equipment Storage 7,000 Large ByPass Pump 40,000 Misc Improvements & Major Repairs 200,000 Water Pipe/Valve Replacement Program-To be Designated in FY 2018 through FY ,000 Water Distribution Assessment Planning/Engineering 60,000 Geographical Information System (GIS) 60,000

19 WATER-SEWER CAPITAL PROJECTS FY 2017 Meter Repair Meter Change Out/Upgrade Program 135,000 General Building Repairs-Meter Repair/Backflow 2,000 Water Total 2,060,000 Sewer: Sewage Collection Sewer System Improvements - Manhole and Sewer Line Rehabilation 475,000 Lake Tarpon Sewer Phase 3 - Engineering $230,000 and Construction $1,194,735 Total. Remaining Balance in Sewer Impact Fund 844,735 Seabreeze Drive Expansion - Engineering $250,000 and Construction $740, ,000 Large By Pass Pump 40,000 Equipment Storage Dixie Lift Station 10,000 Sewage Collection Building 15,000 Sewage Treatment - Wastewater Treatment Plant (WWTP) Clarifier Improvements 650,000 Corrosion Control Program 25,000 Pump Station Rehabilation 150,000

20 WATER-SEWER CAPITAL PROJECTS Sewage Lift Stations FY 2017 Wet Well Rehabilation 60,000 Dry Well Rehabilation 40,000 Control System Improvements 25,000 Submersible Pump Replacement 55,000 General Building Improvements 10,000 Sewer Total 2,649,735 Reclaimed: Westwinds RW Distribution System - Cost split 50% Water and 50% Sewer.Grant Funding $297, ,417 Total Capital Projects 5,495,152

21 STORMWATER FUND

22 Total Stormwater Fund Expenditures Expenditure Budgeted Budgeted Dollar Percentage Classification FY 2016 FY 2017 Change Change Personnel Services 411, ,191 17, % Operating Services 337, , , % Capital Outlay 335, , , % Other 108, ,165 5, % Total Expenditures $ 1,193,495 $ 1,471,775 $ 278, % PERCENTAGE OF EXPENDITURES BY CATEGORY COMPARISON BY CATEGORY Expenditure Classification Percentage Transfers 7.8% Budgeted FY 2017 Personnel Services 29.2% Operating Services 30.0% Capital Outlay 33.0% Transfers/Other 7.8% Personnel Services 29.2% Total Expenditures 100.0% Capital Outlay 33.0% Operating Services 30.0% Capital Projects: Inters ection of Marina Dr. & Anclote Rd. 18,005 Alt US 19 & Anclote Rd. 42,505 Rivers ide Dr & Hills ide Dr 58,083 Highland Ave. & Vis ta Pl.-including Land ROW 86,160 Jas mine Ave. & Lime St 135,580 Bath St/Shaddock Ave. Alley 22,500 Disston Ave. south of Harrison St. 22,200 Total Capital Projects 385,033

23 CAPITAL PROJECTS PENNY AND IMPACT FUNDS

24 CAPITAL PROJECTS - 5 YEAR - PENNY FUND One Cent Local Option Sales Tax Fund 12/31/2019 end of current agreement FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 Beginning Working Capital - Projected $ 514,040 $ 291,070 $ 245,340 $ 1,731,135 $ 1,300,725 Revenues: One Cent Local Option Sales Tax 2,259,460 2,320,000 2,410, ,000 - Intergovernmental - Fire Reserve at County - 56,000-56,350 - Other - CRA Loan Repayment 189, , , Interest Earnings 10,000 2,500 2,000 4,000 3,000 Total Revenues 2,458,580 2,573,530 2,538, ,350 3,000 Total Sources 2,972,620 2,864,600 2,783,395 2,416,485 1,303,725

25 CAPITAL PROJECTS - 5 YEAR - PENNY FUND Expenditures/Projects: Public Safety: Fire- Replacement Staff Vehicles 60,000 50,000 50,000 50,000 50,000 ALS Fire Engine - To Replace # , ALS Fire Engine - To Replace # Equipment - 57, Fire- Replacement ALS Engine # ,500 - Fire-SCBA FIT Testing Machine 14, Fire-Mobile Eyes Software 14, Police Vehicles 293, , , , ,260 Public Safety Total 381,732 1,019, , , ,260 Transportation: Brick Street & Road Reconstruction Program 150, , , , ,000 Anclote Dredging 300, , Seawall Improvements-Eng Services, Cap Replacement 65, Meres Blvd Construction 750, Transportation Total 1,265, , , , ,000

26 Culture & Recreation: CAPITAL PROJECTS - 5 YEAR - PENNY FUND Swimming Pool per Agreement with School Board 500, , , Cultural Center-Building Improvements Exterior - 650, Marina Repairs/Dredging 150, Library Renovations 150, Community Center Improvements Renovate Restrooms, Windows, Patio Area 73, Craig Park Bathroom Improvements 30, Craig Park Main Platform Replacement 125, Craig Park Stairwell Replacements 35, Culture & Recreation Total 1,063,000 1,150, , Total Expenditures/Projects 2,709,732 2,619,260 1,052,260 1,115, ,260 Ending Working Capital - Projected $ 262,888 $ 217,158 $ 1,702,953 $ 1,272,543 $ 723,283

27 CAPITAL PROJECTS IMPACT FUNDS Recreation Impact Fund: Dorsett Park new Field Lights/Poles $215,000 Engineering for Pool $200,000 Community Center Improvements: Changing Rooms/Showers $105,000 Riverside Park new Lights $ 30,000 Recreation Impact Fund Total $550,000 Transportation Impact Fund: Spruce Street Construction $800,000 Library Impact Fund: Library Improvements $150,000 Sewer Impact Fund: Lake Tarpon Sewer Phase 3 Engineering $230,000 and Construction $1,194,735. Remaining balance funded by Water-Sewer Operating Fund $350,000 Water Impact Fund: Water Plant CIP $125,000