EVANSTON Budget Priority-Based Budgeting. Ashley King, Interim CFO/City Treasurer Kate Lewis-Lakin, Senior Management Analyst.
|
|
|
- Lily Goodwin
- 6 years ago
- Views:
Transcription
1 EVANSTON 2019 Budget Priority-Based Budgeting Ashley King, Interim CFO/City Treasurer Kate Lewis-Lakin, Senior Management Analyst March 19,
2 AGENDA 2019 Budget Projections General Fund Other Funds Overview of Priority-Based Budgeting Calendar of upcoming steps 2
3 2019 BUDGET PROJECTIONS GENERAL FUND 3
4 2019 BUDGET PROJECTIONS General Fund Major Revenue Sources State income and sales tax % of 2018 Budget 15.3% Property Taxes 9.1% Home rule sales tax 5.6% Building and related permits 5.2% Recreation Program Fees 5.1% Utility taxes 3.8% Liquor Licenses and Tax 3.2% Wheel Tax 2.5% Parking Tickets 2.5% Total 52.2% 4
5 2019 BUDGET PROJECTIONS General Fund Other Revenue Sources Pension Property Taxes % of 2018 Budget 15.9% Other Taxes 15.4% Other Revenue 1.2% Licenses, Permits and Fees 2.6% Charges for Services 3.7% Fines and Forfeitures 0.9% Interfund Transfers 6.7% Intergovernmental Revenue 0.7% Total 47.8% 5
6 18,000,000 16,000,000 14,000, BUDGET PROJECTIONS Major Revenue Sources 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 Property Taxes All Sales Taxes State Income Tax Utility Taxes Building Permits 2,000, Budget 6
7 $90,000,000 $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000, BUDGET PROJECTIONS All Personnel Costs General Fund/Other Funds All Funds 13.8% Increase General Fund 11.1% Increase Other Funds General Fund $20,000,000 $10,000,000 $ (budget) 7
8 2019 BUDGET PROJECTIONS 120,000,000 General Fund Expenses % Increase 100,000,000 80,000,000 60,000,000 40,000,000 20,000, (budget) 8
9 5.0% 4.0% 2019 BUDGET PROJECTIONS City of Evanston 4.0% Average COLA vs. CPI % Increase 3.0% 2.0% Chicago Area CPI 3.0% 1.6% 2.7% 1.7% 2.5% 1.9% 3.0% 1.0% 0.0% -1.0% -1.2% 1.1% 0.6% 0.7% -0.3% % 9
10 $65,000,000 $60,000, BUDGET PROJECTIONS General Fund Personnel Costs/Major Revenue $55,000,000 $50,000,000 $45,000,000 Personnel Costs Major Revenue $40,000,000 $35,000,000 $30,000, Budget 10
11 2019 BUDGET PROJECTIONS General Fund Budget 2018 Budget Expense 114,237,796 Revenue 114,840,754 Surplus 602, Projections COLA Increase 1,589,700 Health Insurance Increase 269,749 Non-Personnel Expenses 661,558 Projected Expense 116,758,803 Projected Decrease - 1% (1,148,408) Projected Revenue 113,692,346 Projected Deficit (3,066,456) 11
12 2019 BUDGET PROJECTIONS General Fund Reserve Policy 16.6% of Operating Expenses 2017 Ending Fund Balance $14,642,444 = 12.8% 2018 Ending Fund Balance (Budget) $15,245,402 = 13.4% 12
13 2019 BUDGET PROJECTIONS OTHER FUNDS 13
14 $120,000,000 $100,000, BUDGET PROJECTIONS $80,000,000 $60,000,000 $40,000,000 $20,000,000 $74,830,013 Capital Improvements Plan 5-Year Total = $353,400,013 $81,354,000 $63,203,000 $100,916,000 $33,097,000 Water Treatment, Storage and Billing Miscellaneous Facilities Parks Other Transportation $
15 2019 BUDGET PROJECTIONS Robert Crown Community Center Project $48.5 million project, $1.5 million increase to annual debt service Tax levy increase or expense reductions Main Library Renovation $10.5 million for proposed for 2020 Debt Limit Increase $113 million to $150 million 15
16 2019 BUDGET PROJECTIONS Unmet Capital Needs Average Annual Need (G.O. Funded Capital) = $21.8 million Current annual bond capacity = $9 million Average Annual Unmet Capital needs = $12.8 million Total Unmet Capital needs = $51.2 million 16
17 2019 BUDGET PROJECTIONS Water Fund Increased revenue from new water sales expected November 2018 Solid Waste Fund Additional $410,000 property tax increase in 2019 to reduce deficit by end of 2020 CDBG and other Federal Funding Delayed payments throughout 2017 Changes possible in new administration 17
18 2019 BUDGET PROJECTIONS Insurance Fund Ending Fund Balance 2017 = ($5,348,035) Expected Ending Fund Balance 2018 = ($4,694,693) Washington National Fund TIF closing will generate property tax revenue beginning 2019 Estimated $1 million new revenue 18
19 2019 BUDGET PROJECTIONS Firefighters Pension Fund Unfunded Actuarial Accrued Liability (UAAL) = $96,200,068 Funded Ratio = 43.2% Police Pension Fund UAAL = $120,910,139 Funded Ratio = 46.9% 19
20 2019 BUDGET PROJECTIONS Summary: The City is facing a General Fund deficit of approximately $3 million in The City faces financial liabilities of new construction with the Robert Crown Center ($1.5M/year), unmet capital needs ($12.8M/year + $10.5 Library), and under funded pension funds. Staff proposes undertaking a Priority-Based Budgeting Process for the 2019 Budget in order to ensure that programs match the City s priorities. 20
21 PRIORITY-BASED BUDGETING 21
22 WHAT IS PRIORITY-BASED BUDGETING (PBB)? Comprehensive review of entire organization Identifies every program offered Evaluates each program s relevance to the government s stated strategic goals Allows government to align spending and services to community priorities 22
23 2019 PROPOSED PROCESS 1. Identify programs 2. Define metrics 3. Staff scores programs 4. City Council and public outreach 5. Final presentation and application Timeline: March June
24 PBB PROCESS TIMELINE 1. Identify Programs Draft program list distributed to Departments on February Define Metrics Basic Program Attributes 2018 City Council Goals 24
25 PBB PROCESS METRICS BASIC ATTRIBUTES Mandated to provide program Cost recovery of program Change in demand for service Reliance on City to provide service Portion of Community served by program 25
26 PBB PROCESS METRICS BASIC ATTRIBUTES City Council Goals City Infrastructure & Facilities Community Development/Job Creation Affordable Housing Police/Community Relations City Finances 26
27 PBB PROCESS METRICS Equity in PBB Process Included as a single measure for initial process: Does this program specifically address issues of equity in the City of Evanston? Deeper equity review will be applied to bottom third of programs at end of exercise 27
28 PBB PROCESS TIMELINE 3. Staff scores programs March 20-30: Department staff score and rank own programs April 2-6: Inter-department team scores and ranks all programs April 9-13: Budget team scores and ranks all programs 28
29 PBB PROCESS TIMELINE 4. City Council and Public Outreach April 30: City Council workshop to score and rank all programs May 1-28: Public event and online outreach May 29: Check-in with City Council 29
30 PBB PROCESS COMPLETION 5. Final Presentation and Application June 25: Final presentation to City Council July-October: Final program rankings will be used to inform the 2019 budget process October 6: 2019 Proposed Budget published 30
31 QUESTIONS? 31
CITY OF ST. AUGUSTINE, FLORIDA
CITY OF ST. AUGUSTINE, FLORIDA City of St. Augustine, Florida Capital Improvement Refunding Revenue Bonds, Series 2013, $20,645,000, Dated: February 15, 2013 City of St. Augustine, Florida Capital Improvement
EVANSTON. FY 2017 Proposed Budget Presentation. Martin Lyons, Assistant City Manger / CFO Lara Biggs, City Engineer.
EVANSTON FY 2017 Proposed Budget Presentation Martin Lyons, Assistant City Manger / CFO Lara Biggs, City Engineer October 24, 2016 Administrative Services 1 FY 2017 BUDGET PRESENTATION-- October 17, 2016
Fiscal Year Proposed Budget
Fiscal Year 2017-2018 Proposed Budget GFOA Budget Presentation Award Recognizes budget documents of the very highest quality that reflect best practices for clearly communicating budget information. Recently
CITY OF DES MOINES, IOWA COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2018
COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2018 ASSETS GENERAL OTHER TOTALS Cash and investments $ 29,719,524 $ 2,222,625 $ 31,942,149 Taxes receivable 63,134,478 --- 63,134,478
CITY OF DES MOINES, IOWA COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2016
COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2016 ASSETS GENERAL OTHER TOTALS Cash and investments $ 26,678,708 $ 2,599,415 $ 29,278,123 Taxes receivable 57,769,078 --- 57,769,078
CITY OF DES MOINES, IOWA COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2017
COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2017 ASSETS GENERAL OTHER TOTALS Cash and investments $ 26,565,414 $ 2,345,357 $ 28,910,771 Taxes receivable 58,841,748 --- 58,841,748
CITY OF ST. AUGUSTINE, FLORIDA
CITY OF ST. AUGUSTINE, FLORIDA Water and Sewer Revenue Refunding Bonds, Series 2012, $15,930,000, Dated: December 11, 2012 Water and Sewer Revenue Refunding Bonds, Series 2005, $21,435,000, Dated: July
CORPORATE PERSONAL PROPERTY REPLACEMENT TAX ESTIMATE
To: Rolanda Russell, Interim City Manager CC: Budget Team From: Martin Lyons, Finance Director Subject: Clarifications to Budget Memo on January 10 Budget Workshop Date: January 22, 2009 In response to
CITY OF DES MOINES, IOWA COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2008
COMBINING BALANCE SHEET SCHEDULE ALL GENERAL FUND ACCOUNTS June 30, 2008 ASSETS TORT GENERAL LIABILITY TOTALS Cash and pooled cash investments $ 10,936,777 $ --- $ 10,936,777 Taxes receivable 49,564,325
DISCUSSION ON PROPOSED FY 2018/19 OPERATING GENERAL FUND BUDGET
J-12 STAFF REPORT MEETING DATE: June 12, 2018 TO: FROM: City Council Regan M. Candelario, City Manager Michael L. Antwine II, Assistant City Manager Tony Clark, Finance Manager 922 Machin Avenue Novato,
FY Proposed Budget and Plan of Municipal Services. August 12 th, Presented by Robert Camareno, Interim City Manager
FY 2013-14 Proposed Budget and Plan of Municipal Services August 12 th, 2013 Presented by Robert Camareno, Interim City Manager 1 City Council Policy Direction Budget developed following City Council policy
Budget Initial Public Forum FY16-17 February 22, Town of Chapel Hill 405 Martin Luther King Jr. Blvd.
Budget Initial Public Forum FY16-17 February 22, 2016 Agenda Forum Topics Budget Process Budget Status Forum Topics Budget Process Budget Status Purpose of the Public Forum present background information
City Manager s Proposed Budget FY 2019
City Manager s Proposed Budget FY 2019 1 Budget Goals Attract and retain employees through competitive compensation Continue to address street maintenance and enhance mobility Sustain the self insurance
CITY COUNCIL REGULAR MEETING
CITY COUNCIL REGULAR MEETING CITY OF EVANSTON, ILLINOIS LORRAINE H. MORTON CIVIC CENTER JAMES C. LYTLE COUNCIL CHAMBERS Monday, November 20, 2017 6:00 p.m. ORDER OF BUSINESS (I) (II) (III) (IV) (V) (VI)
BUDGET WORKSHOP. FISCAL YEAR 2018 July 10 th
BUDGET WORKSHOP FISCAL YEAR 2018 July 10 th AGENDA FY2017 Current Budget FY2017 Budget Review Committee Adjustments FY2018 General Fund Budget Summary FY2018 Highlighted Other Funds Budget Summary Next
Fiscal Year Proposed Budget
Fiscal Year 2013-2014 Proposed Budget Tonight s Agenda Discussion of economic trends and issues. High-level discussion of proposed City budget. General Fund Specifics Updated Forecast Future meeting schedule
CITY BUDGET TOWN HALL MEETING
CITY BUDGET TOWN HALL MEETING City Budget Town Hall Meeting Agenda Mayor and Councilmember Remarks o Welcome Sacramento 101 o Overview Budget 101 o o Overview Measure U Community Budget Priorities o Budget
Village of Lansing, Illinois. Annual Financial Report April 30, 2016
Annual Financial Report April 30, 2016 Contents Independent Auditor s Report 1-2 Required Supplementary Information Management s Discussion and Analysis (MD&A) 3-12 Basic Financial Statements Government-Wide
Budget Initial Public Forum FY Town of Chapel Hill 405 Martin Luther King Jr. Blvd.
Budget Initial Public Forum FY2018 19 Agenda Forum Topics Budget Process Budget Status Purpose of the Public Forum Forum Topics Budget Process Budget Status present background information on budget topics
City of Roseville City Manager Recommended 2017 Budget. July 18, 2016
City of Roseville City Manager Recommended 2017 Budget July 18, 2016 For tonight, we intend to: Provide the City Council and public more detail on the proposed 2017 operating and capital budget for the
EVANSTON ILLINOIS. Community Budget Workshop. September 13, City Manager s Office
EVANSTON ILLINOIS Community Budget Workshop September 13, 2017 1 AGENDA Overview Facts About Our City The City s Budget Process City Revenues and Expenditures and Other Funds Capital Projects Update Current
CITY OF APACHE JUNCTION SUMMARY SCHEDULE OF ESTIMATED REVENUES AND EXPENDITURES FISCAL YEAR 2009/2010 ESTIMATED DIRECT REVENUES
SUMMARY SCHEDULE OF ESTIMATED REVENUES AND EXPENDITURES ESTIMATED DIRECT REVENUES ADOPTED UNRESERVED PROPERTY OTHER THAN OTHER FUNDING TOTAL ADOPTED BUDGETED ACTUAL FUND TAX PROPERTY SOURCES RESOURCES
DATE: 11/21/2014 VILLAGE OF GERMANTOWN PAGE: 2 TIME: 09:48:29 FUND: GENERAL FUND TOTAL LICENSES 63,136 57,688 51,800 52,839 70,448 54,000 BUILDING INS
DATE: 11/21/2014 VILLAGE OF GERMANTOWN PAGE: 1 TIME: 09:48:29 FUND: GENERAL FUND TAXES 10-410-411-1100 GENERAL PROPERTY TAX 8,754,348 8,689,238 8,950,755 6,713,066 8,950,755 8,961,076 10-410-411-1400 MOBILE
FY 2016 Budget Adoption
FY 2016 Budget Adoption September 8, 2015 COBB COUNTY FINANCE DEPARTMENT PRESENTED BY : JAMES PEHRSON DIRECTOR / COMPTROLLER FY 2016 BUDGET SCHEDULE Advertised in the Marietta Daily yjournal ~August 11,
City of Oakland Budget Overview. December 4, 2014
City of Oakland Budget Overview December 4, 2014 I. Opening Remarks (CAO) II. III. III. IV. General Overview (CAO-Budget) Today s Agenda Revenue Overview Historical, by Driver, Anomalies (Revenue) Expenditure
2019 Operating Budget. City of Racine, Wisconsin
2019 Operating Budget City of Racine, Wisconsin 1 Property Tax Levy Total proposed Property tax levy for 2019: $54,322,250 2018 Budgeted levy: $54,322,250 Increase: $0 Increase as Percent of Total: 0.00%
CITY OF MORENO VALLEY Neighborhood Budget Meeting. May 2013
CITY OF MORENO VALLEY Neighborhood Budget Meeting May 2013 General Background Balance the General Fund Budget in FY 2013/14 Conduct Study Session Meetings Discuss unfunded liabilities and financial challenges
TOTAL ASSETS $ 467,688 4,760,628 2,298,743 4,127, ,782. Deferred Revenue $ TOTAL LIABILITIES
DEBT SERVICE FUNDS The Gas Tax Revenue Bonds, Sales Tax Improvement Revenue and Refunding Bonds, Subordinate Lien Sales Tax Revenue Bonds, Tourist Development Tax Refunding Revenue Bonds, Service Fee Limited
REQUIRED SUPPLEMENTARY INFORMATION
REQUIRED SUPPLEMENTARY INFORMATION TOWN OF SCITUATE, RHODE ISLAND Required Supplementary Information - Pension Plans and OPEB Plans Schedule of Funding Progress (1) "Unaudited" Actuarial Actuarial Actuarial
Tuesday, June 12 th 2018
Tuesday, June 12 th 2018 Helena P. Alves, CIA, MBA Finance Director Lina Williams Budget Coordinator January - March First Quarter Review Annual Financial Audit Presentation of Annual Progress Report Survey
VILLAGE OF DOLTON, ILLINOIS ANNUAL FINANCIAL REPORT
VILLAGE OF DOLTON, ILLINOIS ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED APRIL 30, 2017 TABLE OF CONTENTS FINANCIAL SECTION PAGE INDEPENDENT AUDITORS' REPORT... 1-2 MANAGEMENT S DISCUSSION AND ANALYSIS...
FY BEGINNING BALANCE FY PLANNED REVENUES
BEGINNING BALANCE REVENUES EXPENDITURES ENDING BALANCE $182,017,646 $1,351,193,000 $1,351,193,000 Aviation 14,216,560 144,132,819 144,132,819 14,216,560 Convention and Event Services 33,234,399 108,647,915
CITY OF MIAMI INTER-OFFICE MEMORANDUM. TO: Honorable Mayor and Members DATE: June 22, 2017 of the City Commission
INTER-OFFICE MEMORANDUM TO: Honorable Mayor and Members DATE: June 22, 2017 of the City Commission FROM: Christopher Rose, Director SUBJECT: FY 2016-17 End-of-Year Office of Management and Projections
Municipal Budget Process
Municipal Budget Process The Municipality s budget process primarily focuses on general government s operating budget, which funds the day-to-day operation of programs and services from paying police officer
MEMORANDUM Finance Department
INFRASTRUCTURE SURTAX FUND MEMORANDUM Finance Department The Infrastructure Surtax (Penny Tax) was separated out from the General Fund during the fiscal year end process to provide greater transparency.
Budget Calendar - Action Dates
2018 BUDGET Budget Calendar - Action Dates General Budget Presentation............... March 27 th Cap Bank Ordinance Introduction........... February 27 th Budget Introduction...................... February
Original Budget Amount. Variance Favorable (Unfavorable) 1000 General
Comparison of ed and Estimated - 1000 General General 1000-101-0000 General Property Tax - Real Estate 1000-303-0000 Cable Franchise Fees 1000-401-0000 Fines 1000-532-0000 Local Government Distribution
Village of University Park, Illinois. Financial Report April 30, 2008
Financial Report April 30, 2008 Table of Contents Financial Section Independent Auditor s Report 1 2 Required Supplemental Information Management Discussion and Analysis (MD&A) 3 12 Basic Financial Statements
CITY OF COATESVILLE COATESVILLE, PENNSYLVANIA
COATESVILLE, PENNSYLVANIA BASIC FINANCIAL STATEMENTS WITH SUPPLEMENTARY INFORMATION DECEMBER 31, 2015 TABLE OF CONTENTS INDEPENDENT AUDITOR S REPORT 1-3 PAGE MANAGEMENT S DISCUSSION AND ANALYSIS 4-13 BASIC
ARLINGTON COUNTY, VIRGINIA
ARLINGTON COUNTY, VIRGINIA County Board Agenda Item Meeting of November 14, 2006 DATE: November 8, 2006 SUBJECT: Fiscal Year (FY) 2008 Budget Guidance C. M. RECOMMENDATION: Provide guidance on the FY 2008
STATE BOARD OF ADMINISTRATION (SBA) LOCAL GOVERNMENT SURPLUS TRUST FUNDS INVESTMENT POOL
INVESTMENT REPORT On December 31 st, the Town s funds were in the Florida Local Government Surplus Trust Funds Investment Pool (Florida Prime), TD Bank, and SunTrust, with the majority at SunTrust. A new
GENERAL FUND REVENUES BY SOURCE
BUDGET DETAIL BUDGET DETAIL The Budget Detail gives more information on the budget, than is shown in the Executive Summary. Detail information is provided on the General Fund, Special Revenue Funds, Enterprise
Village of University Park, Illinois
Financial Report April 30, 2006 McGladrey & Pullen, LLP is a member firm of RSM International an affiliation of separate and independent legal entities. Table of Contents Financial Section Independent
REQUEST FOR COUNCIL ACTION
REQUEST FOR COUNCIL ACTION Date: 09/18/17 Item No.: 7.b Department Approval City Manager Approval Item Description: Joint Meeting with the Finance Commission 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
TOTAL ASSETS $ 479,362 5,444,464 4,077,867 1,187,657 1,868,721 1,745,339 2,018,191 75,535 16,897,136
DEBT SERVICE FUNDS The Gas Tax Revenue Bonds, Sales Tax Improvement Revenue and Refunding Bonds, Tourist Development Tax Refunding Revenue Bonds, Service Fee Limited Revenue Bonds, Guaranteed Entitlement
OVERVIEW. Miguel A. Santana City Administrative Officer Proposed Budget April 27, 2016 OF THE PROPOSED BUDGET
OVERVIEW OF THE 2016-17 PROPOSED BUDGET Miguel A. Santana City Administrative Officer BUDGET SUMMARY is financially sound, maintaining core services while meeting City leaders commitment to fund the Homelessness
Village of Carpentersville Fund Financial Performance Summary As of January 31, 2017 YTD
To: From: Subject: Memorandum J Mark Rooney, Village Manager Hitesh Desai, Finance Director Katrina Hanna, Assistant Finance Director December 2016 Monthly Staff and Financial Report Date: February 21,
CITY OF MOMENCE, ILLINOIS ANNUAL FINANCIAL REPORT. For the Year Ended April 30, 2012
ANNUAL FINANCIAL REPORT For the Year Ended April 30, 2012 Certified Public Accountants & Advisors TABLE OF CONTENTS Page(s) INDEPENDENT AUDITOR S REPORT... 1-2 GENERAL PURPOSE EXTERNAL FINANCIAL STATEMENTS
Special Called City Council Meeting August 21, :00 p.m.
Special Called City Council Meeting August 21, 6:00 p.m. 1 2 Spring Valley Village City Council Agenda Item Data Sheet MEETING DATE: August 21, TOPIC: Consideration and Possible Action Concerning Proposed
FY 2015 Annual Financial Report
STATE OF ILLINOIS COMPTROLLER LESLIE GEISSLER MUNGER DO NOT SEND THIS PAPER COPY - THIS IS YOUR COPY. MAKE SURE YOU HAVE CLICKED THE SUBMIT BUTTON IN THE COMPTROLLER CONNECT PROGRAM. THIS WILL PROVIDE
Miami, FL, City of (FL)
Miami, FL, City of (FL) 1 Miami, Florida, the City of, Vehicle Replacement Program 2016 of $10,644,628 dated September 20, 2016 2 City of Miami, Florida Limited Ad Valorem Tax Refunding Bond, Series 2015,
MEMORANDUM Finance Department
MEMORANDUM Finance Department INVESTMENT REPORT A significant reduction in November s investment income is due to the LGIP withholding earnings to offset Pool B s potential for loss. The LGIP is transferring
CITY OF DES MOINES, IOWA COMBINING STATEMENT OF NET POSITION SCHEDULE ALL PARKING ACCOUNTS June 30, 2016
COMBINING STATEMENT OF NET POSITION SCHEDULE ALL PARKING ACCOUNTS June 30, 2016 PARK AND PARKING RIDE TOTALS Current assets: Unrestricted current assets: Cash and investments $ 1,130,870 $ 4,728,311 $
THE CORPORATION OF THE CITY OF SAULT STE. MARIE
Consolidated Financial Statements of THE CORPORATION OF THE CITY OF SAULT STE. MARIE Consolidated Financial Statements Page Management s Responsibility for the Consolidated Financial Statements... 1 Independent
BASIC FINANCIAL STATEMENTS. Government Wide Financial Statements
BASIC FINANCIAL STATEMENTS Government Wide Financial Statements This page intentionally left blank. - 14 - STATEMENT OF NET POSITION JUNE 30, 2014 ASSETS Governmental Activities Business-type Activities
TOWN OF PALM BEACH, FLORIDA
TOWN OF PALM BEACH, FLORIDA PROPOSED BUDGET SUMMARY Fiscal Year 2015 (October 1, 2014 - September 30, 2015) TOWN OF PALM BEACH, FLORIDA PROPOSED BUDGET SUMMARY FISCAL YEAR 2015 TOWN COUNCIL Mayor Gail
Name. Basic Form Instructions
Adopted Budget Form for: Cities, Towns & Counties Name Perry City Fiscal Year Ended 6/30/2018 1. As required by Utah statutes, budget forms submitted must present a balanced budget, meaning budgeted expenditures
Village of University Park, Illinois
Financial Report April 30, 2007 McGladrey & Pullen, LLP is a member firm of RSM International an affiliation of separate and independent legal entities. Table of Contents Financial Section Independent
EVANSTON. FY 2019 Proposed Budget Presentation. October 22, City Manager s Office
EVANSTON FY 2019 Proposed Budget Presentation October 22, 2019 1 2019 BUDGET PRESENTATION Today FY 2019 Budget Overview Budget Balancing Worksheet Proposals Capital Improvements Plan Overview Upcoming
A Public Guide to County Finances
A Public Guide to County Finances Allegan County Michigan 2018 FINANCIAL OVERVIEW General Fund* Revenues, Expenditures and End of Year Fund Balances The county is required by law to develop and adopt a
BUDGET AT A GLANCE BUDGET OVERVIEW CITYWIDE BUDGET SUMMARY CITYWIDE FTE SUMMARY
BUDGET AT A GLANCE BUDGET OVERVIEW CITYWIDE BUDGET SUMMARY CITYWIDE FTE SUMMARY BUDGET OVERVIEW 2017-2018 ADOPTED BUDGET CITY OF REDMOND The Budget Overview serves as a review of the recommended 2017-2018
MEMORANDUM Finance Department
INVESTMENT REPORT MEMORANDUM Finance Department On December 31 st, the Town s funds were in the Florida Local Government Surplus Trust Funds Investment Pool (Florida Prime and Fund B), TD Bank, and SunTrust,
Memorandum. Village of Carpentersville Fund Financial Performance Summary As of August 31, Fund Number Revenue Expenditure Net
Memorandum To: J Mark Rooney, Village Manager From: Hitesh Desai, Finance Director Katrina Hanna, Assistant Finance Director Subject: August 2017 Monthly Staff and Financial Report Date: September 22,
TAX AND RATE OPERATING BUDGET VARIANCE REPORT AS AT DECEMBER 31, 2017
Item 7.1 TAX AND RATE OPERATING BUDGET VARIANCE REPORT AS AT DECEMBER 31, 2017 FCS17060(b) Audit, Finance & Administration Committee April 23, 2018 Mike Zegarac AGENDA 1. Summary of Tax and Rate Operating
2013 Municipal Budget Presentation
Budget / Mission Statement 2013 Municipal Budget Presentation Fiscal Responsibility Quality of Life Provision of services Public Safety, Health & Welfare as priorities Stabilization of tax base Senior
OTHER GOVERNMENTAL FUNDS - SPECIAL REVENUE
OTHER GOVERNMENTAL FUNDS - SPECIAL REVENUE Special Revenue Funds are used to account for proceeds of specific revenue sources other than expendable trust that are legally restricted to expenditures for
CITY OF DES MOINES, IOWA COMBINING STATEMENT OF NET ASSETS SCHEDULE ALL PARKING ACCOUNTS June 30, 2012
COMBINING STATEMENT OF NET ASSETS SCHEDULE ALL PARKING ACCOUNTS June 30, 2012 ASSETS PARK AND PARKING RIDE TOTALS Current assets: Unrestricted current assets: Cash and pooled cash investments $ 1,294,964
Q Internal Financial Report (Unaudited)
Q3 2013 Internal Financial Report (Unaudited) Index Financial Commentary... 1 Summary of All City Funds... 7 Second Quarter Year-to-Date Actuals by Fund compared to Current Budget and Prior Year: General
Revenue Options. February 22, *Some slides taken from the Michigan Department of Treasury
Revenue Options February 22, 2018 *Some slides taken from the Michigan Department of Treasury All of the reductions we are recommending are difficult choices and reflect many of the services and amenities
GOVERNMENTAL FUNDS OVERVIEW Fiscal Year Recommended Budget
GOVERNMENTAL FUNDS OVERVIEW Fiscal Year 2012-2013 Recommended Budget COUNTY OPERATING BUDGET For fiscal year 2012-2013, the Chief Administrative Officer recommends a total spending plan of $448.3 million
Public Hearing Truth-In-Taxation. August 2016
Public Hearing Truth-In-Taxation August 2016 1 Purpose of Public Truth-in-Taxation State statute requires a school district to hold public hearing if the estimated property tax levy for a given year is
April 2017 Monthly Financial Report
GENERAL FUND OVERVIEW BTD Projection BTD Actuals BTD BTD % $450,269,075 $66,422,072 $68,580,838 $2,158,767 3.3% Expenditures $472,660,335 $71,585,978 $65,455,323 $6,130,655 8.6% Revenue Over Expenditure
FINANCE & ECONOMIC DEVELOPMENT COMMITTEE MAY 4, :00 AM COUNCIL CHAMBERS
FINANCE & ECONOMIC DEVELOPMENT COMMITTEE MAY 4, 2016 8:00 AM COUNCIL CHAMBERS 1. 2016 FIRST QUARTER FINANCIAL REPORT TROY WOO, FINANCE DIRECTOR (STAFF REPORT ATTACHED) FINANCE & ECONOMIC DEVELOPMENT COMMITTEE
Chicago s Budget CENTER FOR TAX AND BUDGET ACCOUNTABILITY. Presented by: Ralph Martire Executive Director
CENTER FOR TAX AND BUDGET ACCOUNTABILITY 70 E. Lake Street! Suite 1700! Chicago, Illinois 60601! direct: 312.332.1049! Email: rmartire@ctbaonline.org Chicago s Budget Presented by: Ralph Martire Executive
CITY OF DES MOINES, IOWA COMBINING STATEMENT OF NET POSITION SCHEDULE ALL PARKING ACCOUNTS June 30, 2018
COMBINING STATEMENT OF NET POSITION SCHEDULE ALL PARKING ACCOUNTS June 30, 2018 PARK AND PARKING RIDE TOTALS Current assets: Unrestricted current assets: Cash and investments $ 1,241,495 $ 2,180,387 $
The Municipality of North Perth Consolidated Financial Statements For the year ended December 31, 2016
Consolidated Financial Statements For the year ended Consolidated Financial Statements For the year ended Contents Independent Auditors' Report 1 Consolidated Financial Statements Consolidated Statement
State of Kansas City. Water & Sewer Utility Fund 15 1,686,031 Gas Utility Fund 16 54,820
CERTIFICATE 2015 To the Clerk of Cloud, State of Kansas We, the undersigned, officers of of Concordia certify that: (1) the hearing mentioned in the attached publication was held; (2) after the Budget
Presented By: Kevin O Rourke Interim City Manager. June 3, 2013
Presented By: Kevin O Rourke Interim City Manager June 3, 2013 1 10 Council and Public Workshops 2 3 4 1. Adopt a 2-year budget 2. Provided labor strategy authority 3. Supported restructuring of departments
Expenditures & Revenue Summary by Category
Expenditures & Revenue Summary by Category Expenditure & Revenue Summary by Category 2011 2012 2013 $ Change Over Actual Forecast 2012 Expenditures by Category Salaries, Wages & Benefits 1,276,441 1,279,528
Condensed Unconsolidated Financial Statements of. The City of Spruce Grove
Condensed Unconsolidated Financial Statements of The City of Spruce Grove CONTENTS Management's Report...1 Condensed Unconsolidated Statement of Financial Position...2 Condensed Unconsolidated Statement
CITY OF JAMESTOWN, NEW YORK TABLE OF CONTENTS. Independent Report of Auditor 1. Management s Discussion and Analysis 3. Statement of Net Assets 12
TABLE OF CONTENTS Independent Report of Auditor 1 Management s Discussion and Analysis 3 Basic Financial Statements: Statement of Net Assets 12 Statement of Activities 13 Balance Sheet - Governmental Funds
FY 2016 Budget Kick-Off April 14, 2015
2016 Budget Kick-Off April 14, 2015 2016 Budget Kick Off Agenda Bottom Line Up Front Economic Conditions 2016 Budget Process Budget Schedule B U S I N E S S M O D E L Why Are We Here? Data Analysis Citizen
TOTAL ASSETS $ 471,285 5,004,902 1,964,424 4,099, ,194. Accounts Payable $ Deferred Revenue TOTAL LIABILITIES
DEBT SERVICE FUNDS The Gas Tax Revenue Bonds, Sales Tax Improvement Revenue and Refunding Bonds, Subordinate Lien Sales Tax Revenue Bonds, Tourist Development Tax Refunding Revenue Bonds, Service Fee Limited
SPECIAL CITY COUNCIL MEETING
SPECIAL CITY COUNCIL MEETING Tuesday, November 5, 2013 6:15 p.m. CITY OF EVANSTON, ILLINOIS Room 2404 Lorraine H. Morton Civic Center 2100 Ridge Avenue, Evanston, IL ORDER OF BUSINESS I. Roll Call- Begin
Condensed Unconsolidated Financial Statements of. The City of Spruce Grove
Condensed Unconsolidated Financial Statements of The City of Spruce Grove For the Nine Months Ended 30, CONTENTS Management's Report...1 Condensed Unconsolidated Statement of Financial Position...2 Condensed
ARLINGTON COUNTY, VIRGINIA. County Board Agenda Item Meeting of April 22, 2017
ARLINGTON COUNTY, VIRGINIA County Board Agenda Item Meeting of April 22, 2017 DATE: April 21, 2017 SUBJECT: Fiscal Year 2018 County Budget Resolution and Appropriations Resolution C. M. RECOMMENDATIONS:
KITSAP COUNTY, WASHINGTON
County Roads Taxes: Property $ 16,513,803 $ 16,513,803 $ 16,612,868 $ 99,065 Retail sales & use - - - - Business - - - - Other 30,000 30,000 64,474 34,474 Licenses & Permits 55,700 55,700 74,652 18,952
Capital Improvement Budget Discussion. October 23, 2017
Capital Improvement Budget Discussion October 23, 2017 Agenda 1. Summary of 2018 Capital Improvement Program 2. Process of determining projects 3. CIP project discussion 4. Modification to existing sidewalk
Financial Worksheet - Budget 2017 Village of Aquilla Budget Year 2016
Fund Classification: 2013 Special Revenue Fund Name: Gas Tax Fund Balance 1/1 $12,705.74 $20,680.95 $26,313.26 $20,313.26 Other - and Permits $18,225.21 $17,682.31 $19,000.00 $19,000.00 Total Revenue $18,225.21
AGENDA SPECIAL COMMITTEE OF THE WHOLE MEETING SCHEDULED RECESS AT 2:30 P.M.
AGENDA SPECIAL COMMITTEE OF THE WHOLE MEETING Monday, March 11, 2019, 12:00 P.M. - 4:00 P.M. Board Room, Service and Resource Centre, 411 Dunsmuir Street, Nanaimo, BC SCHEDULED RECESS AT 2:30 P.M. Pages
$180 $160 $140 $120 $100 $80 $60 $40 $20 $ Single Fam -New Apts -New
2012 REVENUE FORECAST Presented by Brian Henshaw September 26, 2011 1 Economic Conditions Housing starts Federal & State deficits Sovereign-debt crisis Bankruptcies Unemployment Stock Market volatility
ORDINANCE AN ORDINANCE TO LEVY TAXES AND ESTABLISH A MUNICIPAL BUDGET FOR THE FISCAL YEAR BEGINNING JULY
ORDINANCE AN ORDINANCE TO LEVY TAXES AND ESTABLISH A MUNICIPAL BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 2013 and ENDING JUNE 30, 2014, AND A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2014 2016. WHEREAS,
Other Supplemental Schedules For GASB 54
Other Supplemental Schedules For GASB 54 Street Fund 120 Original Final Actual Final Retail sales & use taxes Other taxes Licenses and permits Intergovernmental 253,585 269,961 284,338 14,377 Charges for
REPORT Finance and Information Technology
REPORT Finance and Information Technology To: Mayor Coté and Members of Council Date: 6/11/2018 From: Colleen Ponzini, CPA, CGA Acting Chief Financial Officer File: Item #: 253/2018 Subject: 2017 Statement
2015 Comprehensive Annual Financial Report City of Tacoma, Washington. Required Supplementary Information
Required Supplementary Information Tacoma Employee s Retirement System Fund (LEOFF 1) Proportionate Share of the Net Pension Liability Last 10 Years* Employer's proportion of the net pension liability(asset)
City of Ocala. Fiscal Year Proposed General & Ancillary Funds Budget - Summary. Ocala is a great place to live, play, and prosper
City of Ocala Fiscal Year 217-218 Proposed General & Ancillary Funds Budget - Summary Ocala is a great place to live, play, and prosper TABLE OF CONTENTS Fiscal Year 217-218 General Fund and Ancillary
VILLAGE OF OTTAWA HILLS LUCAS COUNTY TABLE OF CONTENTS. Independent Auditor s Report Management s Discussion and Analysis...
VILLAGE OF OTTAWA HILLS LUCAS COUNTY TABLE OF CONTENTS TITLE PAGE Independent Auditor s Report... 1 Management s Discussion and Analysis... 5 Basic Financial Statements: Government-Wide Financial Statements:
BASIC FINANCIAL STATEMENTS
BASIC FINANCIAL STATEMENTS 29 City of Grand Junction STATEMENT OF NET POSITION December 31, 2017 Component Primary Government Unit Governmental Activities Business-type Activities Total Downtown Development
CITY OF WAYNE, MICHIGAN
FINANCIAL REPORT WITH SUPPLEMENTAL INFORMATION TABLE OF CONTENTS Independent Auditor's Report 1 Management s Discussion and Analysis 4 Financial Statements Government-wide Financial Statements Statement
Province of Nova Scotia Service Nova Scotia and Municipal Relations
v214-215.1.1 Province of Nova Scotia Service Nova Scotia and Municipal Relations FINANCIAL INFORMATION RETURN ( as prescribed by the Minister of Service Nova Scotia and Municipal Relations) FOR Municipality