Watertown City Council

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1 City of Watertown Agenda Item: Request for Action: Department: Adopt 2016 Budget & Levies Watertown City Council December 8 th, 2015 Request for Action Adopt Resolutions Adopting General Fund Tax Levy, Adopting EDA Tax Levy, Approving All Fund Budgets, Approving Fee Schedule, Approving Pay Scale Shane Fineran, City Administrator Background: The Watertown City Council worked diligently to complete the City s 2016 budget over the course of the past five months. Beginning in August the City Council first reviewed a draft Financial Management Plan and capital type investment needs in the community. The Council has reviewed and made refinements to the general fund budget, enterprise budgets, and capital investment budgets throughout the fall during a series of eight workshops that focused on the needs in 2016 and beyond. The City Council will conduct a public information meeting prior to adopting the 2016 levy and subsequent budgets. The City continues to see positive trends in market value improvements, new construction, and better than anticipated revenue collections which has led to a strong fund balance. The focus for staff and the City Council is to continue to ensure that the City is providing high quality services in a cost effective manner. To date, the budget outcomes are as follows: Net Levy Impact The City Council has worked to try and manage the overall impact of the general levy and special debt levy the local tax payer. With the issuance of bonds associated with the bridge and street reconstruction project the City experienced an increase it is special debt obligations going forward. The City continues to see positive gains in aid from the State in the form of Local Government Aid, which the City uses to fund capital investments, thus lowering the tax burden on the community. The net levy impact reflects a 2% increase from 2015 which is in contrast to an increase in the taxable market value increase in the community of over 9%. Revenue from a Stable Source The budget reflects the planned expenditures for general government operations such as legislative, administration, public safety, public facilities, street maintenance, and park maintenance. Revenues that support the general fund come from property tax collection, fees for service, and local government aid. The 2016 budget represents an increase of 0.5% from Many of the reductions identified in the general operating budget occured in staffing expense, small equipment, tools, and maintenance items. Continued investment in capital type maintenance, equipment, and infrastructure is planned. Fund Balance. The proposed revenues and expenditures also will maintain our fund balance at 50% or greater of operating expenditures. The City s fund balance exceed the recommended range to allow the City to meet its operating obligations throughout the year. The Council identified a portion of the fund balance to be used in an attempt to further mitigate tax payer impacts. The Council will have to determine how to utilize additional fund balance reserves in 2016.

2 Personnel A realignment of FTE and temporary positions is recommended between the Public Services Department and Utility Department. A 0.2% increase to the pay scale is proposed, step movement for eligible employees, and maintaining of the City benefit plan. The City will continue to rely on consultants for many technical aspects of City operations. This includes legal, engineering, planning and community development. Public Safety Public Safety expense for the City of Watertown will is the largest increase in 2016 for City departments. An additional investment of $40,000 into the fire capital fund is recommended. The City will continue to contract for one day and one night deputy with Carver County. Capital Investment The City Council has been focused on identifying and planning for future capital type needs within the organization and community and beyond The Capital Investment program is funded through various revenue sources including state aid, ad valorem taxes, user fees, and other local partners who depend on the City for services. The plan adopted identifies fleet, equipment, and facility needs for 10 years in all areas of operation as well as a funding strategy that seeks to manage the impact of these needs to the tax payer. Planned capital investments in 2016 include continuation of road maintenance, Community Park improvements, and fleet equipment replacements such as a UTV, large truck/plow, and small trucks. Utilities The City operates the utilities providing water, sewer, and storm water services in a business like, or enterprise fashion will be year two of implementation of the utility rate strategy and continued progress in building these funds ability to be independent of property tax support. It is recommended that the associated user fees increase 3% in 2016 as the funds continue to build capacity to support operations, debt, and capital needs. EDA 2016 marks the first year in which the EDA has presented a budget identifying planned expenditures and goals associated with economic development activity. The EDA fund is planned to support a developer s day event as well as site development and acquisition of the County maintenance facility site. Staff is recommending the adoption of the presented budgets and proposed levies. Attachments: Financial Management Plan General Fund Expenditure Budget General Fund Revenue Budget Utilities Expenditure Budget Utilities Revenue Budget Fire Expenditure Budget EDA Expenditure Budget Capital Investment Plan Resolution Adopting Final Levy Resolution Adopting Final EDA Levy Resolution Adopting 2016 General, Enterprise, EDA & Capital Investment Budgets Ordinance 386 Adopting 2016 Fee Schedule Resolution Adopting 2016 Pay Plan

3 WATERTOWN FINANCIAL MANAGEMENT PLAN GENERAL FUND Budget-Final Preliminary Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast Forecast REVENUE GENERAL PROPERTY TAX LEVY 1,632,685 1,524,685 1,632,685 1,696,360 1,762,518 1,831,256 1,902,675 1,976,879 2,053,978 2,134,083 2,217,312 2,303,787 Potential for Uncollectible Taxes (62,042) (50,315) (48,981) (50,891) (52,876) (54,938) (76,107) (98,844) (82,159) (85,363) (88,692) (92,151) LOCAL GOVERNMENT AID (LGA) 323, , , , , , , , , , , ,331 TRANSFERS IN - ENTERPRISE 20,500 10,500 10,710 10,924 11,143 11,366 11,593 11,825 12,061 12,302 12,548 12,799 ADMINISTRATION, FINANCE, TECH 242, , , , , , , , , , , ,390 PLANNING & INSPECTIONS 73,250 72,750 74,205 75,689 77,203 78,747 80,322 81,928 83,567 85,238 86,943 88,682 CENTRAL FACILITIES FIRE 26,000 40,000 40,800 41,616 42,448 43,297 44,163 45,046 45,947 46,866 47,804 48,760 LAW ENFORCEMENT 15,000 15,000 15,300 15,606 15,918 16,236 16,561 16,892 17,230 17,575 17,926 18,285 STREETS PARKS 2,000 2,000 2,040 2,081 2,122 2,165 2,208 2,252 2,297 2,343 2,390 2,438 RECREATION TOTAL REVENUE 2,272,937 2,173,049 2,296,356 2,372,374 2,451,085 2,532,590 2,597,965 2,664,860 2,774,380 2,867,332 2,963,604 3,063, % -4.4% 5.7% 3.3% 3.3% 3.3% 2.6% 2.6% 4.1% 3.4% 3.4% 3.4% EXPENDITURES Comparable Reductions for Levy ADMINISTRATION, FINANCE, TECH, COUNCIL 532, , , , , , , , , , , ,850 PARKS 194, , , , , , , , , , , ,100 FIRE 323, , , , , , , , , , , ,940 LAW ENFORCEMENT 204, , , , , , , , , , , ,012 PUBLIC SERVICES 398, , , , , , , , , , , ,743 COMMUNITY SERVICES 79,500 76,500 78,795 81,159 83,594 86,101 88,684 92,232 95,921 99, , ,898 RECREATION CENTRAL FACILITIES 60,285 58,602 60,360 62,171 64,036 65,957 67,936 70,653 73,479 76,419 79,475 82,654 TRANSFERS OUT- Capital Investment Support 323, , , , , , , , , , , ,331 TRANSFERS OUT-Park Fund Support 65,000 55,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 TRANSFERS OUT- Water Fund Support TRANSFERS OUT - Sewer Fund Support TRANSFERS OUT-Downtown Development Support 66,270 53,240 53, TOTAL EXPENDITURES 2,247,980 2,259,744 2,277,757 2,340,782 2,405,630 2,472,355 2,541,012 2,632,782 2,728,078 2,827,038 2,929,804 3,036,527 Operating % Change 8.7% 0.5% 0.8% 2.8% 2.8% 2.8% 2.8% 3.6% 3.6% 3.6% 3.6% 3.6% INCREASE(DECREASE) IN FUND BALANCE 24,957 (86,696) 18,599 31,592 45,455 60,235 56,953 32,078 46,302 40,295 33,800 26,793 EFFECT on Fund Balance Fund Balance - January 1 514,028 1,349,332 1,262,636 1,281,235 1,312,827 1,358,283 1,418,518 1,475,471 1,507,549 1,553,851 1,594,146 1,627,946 Budgeted Increase(Decrease) 24,957 (86,696) 18,599 31,592 45,455 60,235 56,953 32,078 46,302 40,295 33,800 26,793 Projected Fund Balance - December 31 1,349,332 1,262,636 1,281,235 1,312,827 1,358,283 1,418,518 1,475,471 1,507,549 1,553,851 1,594,146 1,627,946 1,654,739 % of Operating 60% 56% 55% 56% 56% 57% 58% 57% 57% 56% 56% 54% PRELIMINARY LEVY PROPOSED GENERAL LEVY ADJUSTMENTS GENERAL OPERATING LEVY 1,632,685 1,524,685 1,632,685 1,696,360 1,762,518 1,831,256 1,902,675 1,976,879 2,053,978 2,134,083 2,217,312 2,303,787 % Change 12.0% -7.1% 6.6% 3.8% 3.8% 3.8% 3.8% 3.8% 3.8% 3.8% 3.8% 3.8% SPECIAL DEBT LEVY 374, , , , , , , , , , , ,725 % Change -9.9% 26.1% 4.1% 5.0% -3.5% -2.2% 1.2% 12.8% % -0.7% 1.3% -0.7% EDA MARKET VALUE LEVY 42,237 46,369 47,296 48,242 49,690 51,180 52,716 56,669 60,920 65,489 70,400 75,680 % Change 2% 9% 2% 2% 3% 3% 3% 7% 7% 7% 7% 7% PROPOSED GENERAL TAX LEVY (Operating & Debt) 2,007,207 2,031,257 2,161,062 2,252,390 2,299,523 2,356,821 2,434,634 2,587,052 2,306,863 2,385,288 2,471,837 2,556,512 LESS FISCAL DISPARITIES 525, , , , , , , , , , , ,181 NET LEVY TO TAXPAYERS (General, Debt) 1,524,326 1,557,076 1,686,881 1,778,209 1,825,342 1,882,640 1,960,453 2,112,871 1,832,682 1,911,107 1,997,656 2,082,331 Overall Levy % Change 1.88% 2% 8% 5% 3% 3% 4% 8% -13% 4% 5% 4% TAXABLE MARKET VALUE 231,201, ,641, ,616, ,841, ,131, ,486, ,942, ,501, ,167, ,106, ,340, ,891,216 Change in Market Value 12.74% 9.91% 1.15% 1.23% 1.24% 1.25% 1.27% 1.29% 1.31% 1.39% 1.47% 1.55% EXISTING TAX CAPACITY 2,529,084 2,788,688 2,868,903 2,895,777 2,920,638 2,974,214 3,028,717 3,083,818 3,276,668 3,482,833 3,701,514 3,933,427 Downtown Redevelopment TIF Reduction TAX CAPACITY Revisions from FD Changes -138, ,831-29,906-32,406-33,052-33,712-34,718-35,755-36,823-39,565-42,512-45,680 NET TOTAL TAX CAPACITY 2,390,940 2,645,857 2,838,997 2,863,371 2,887,586 2,940,502 2,993,998 3,048,063 3,239,845 3,443,268 3,659,002 3,887,747 Tax Capacity Change 13% 10% 7% 1% 1% 2% 2% 2% 6% 6% 6% 6% TAX RATE ON TAX CAPACITY % % % % % % % % % % % % TAX RATE % CHANGE -5.05% -5.06% 0.97% 4.52% 1.79% 1.28% 2.27% 5.86% % -1.88% -1.63% -1.89% Average Valued Home $ 182,000 $ 197,343 $ 213,979 $ 218,258 $ 222,623 $ 229,302 $ 236,181 $ 243,267 $ 261,511 $ 281,125 $ 302,209 $ 324,875 Estimated Annual City Portion of Tax Bill $ 1, $ 1, $ 1, $ 1, $ 1, $ 1, $ 1, $ 1, $ 1, $ 1, $ 1, $ 1, Estmiated Annual EDA Portion of Tax Bill $ $ $ $ $ $ $ $ $ $ $ $ Amount Increase or (Decrease) $ (6.91) $ $ (5.54) $ $ $ $ $ $ (62.46) $ (118.87) $ $ Percent Increase or (Decrease) -0.59% 2.86% -0.91% 14.32% 9.65% 7.67% 9.00% 12.94% -4.54% -8.07% 10.34% 10.33%

4 CITY OF WATERTOWN 2016 GENERAL FUND BUDGET REVENUES Percent Account Description Budget Budget Budget YTD Budget Change Comment Current Ad Valorem Taxes $ 1,213,084 $ 1,436,038 $ 1,632,685 $ 844,985 $ 1,524, % Delinquent Ad Valorem Taxes $ 15,000 $ $ 21,000 $ 23,742 $ 20, % Fiscal Disparities $ $ Penalties and Interest Delinquent $ $ $ Penalties and Interest AdValTx $ 1,000 $ 1,000 $ 1,000 $ 537 $ 1, Business Licenses/Permits $ $ $ Alchoholic Beverages $ 14,000 $ 14,000 $ 14,000 $ 13,850 $ 15, % Public Utilities $ 3,000 $ 4,000 $ 4,000 $ 5,300 $ 5, % ROW Permit Fees Other Licenses/Permits $ 5,000 $ 5,000 $ 5,000 $ 265 $ 5,000 $100 Peddler $500 Cigarette $1250 Waste Haulers $3760 Mobile Home Building Permits $ 36,000 $ 40,000 $ 50,000 $ 33,370 $ 45, Gas Installation Permits $ 4,000 $ 5,000 $ 5,000 $ 2,729 $ 5, Plumbing Connection Permits $ 3,000 $ 3,000 $ 3,000 $ 2,525 $ 3, Animal Licenses $ 750 $ 500 $ 500 $ 388 $ Other Non Business Licenses $ 200 $ 200 $ 200 $ 50 $ Fence Permit Fee $ 500 $ 500 $ 500 $ 500 $ Sign Permit Fee $ 250 $ 250 $ 250 $ 600 $ Intergovernmental Revenues $ $ $ State Grants and Aids $ $ $ $ Federal Grants and Aid $ $ $ 194, Local Government Aid $ 173,000 $ 299,000 $ 323,175 $ 161,587 $ 329, % Directly funds Capital Equipment needs Homestead Credit $ $ $ Police Training Reimbursement $ 15,000 $ 15,000 $ 15,000 $ 18,608 $ 15,000 Training Reimbursement Other State Aid Grants $ 26,000 $ 26,000 $ 26,000 $ 1,121 $ 40, % State Fire Aid that is remitted to Relief Association Other County Grants/Aid $ 5,000 $ 12,500 $ 12,500 $ 28,839 $ 12,500 Solid Waste Grant Charges for Services $ $ $ $ City Hall Rent Revenue $ 12,000 $ 12,000 $ 12,000 $ 5,114 $ 7, % Zoning and Subdivision Fees $ 2,500 $ 2,500 $ 2,500 $ $ 2, Plan Check Fee $ 10,000 $ 12,000 $ 12,000 $ 16,448 $ 17, % Sale of Maps and Publications $ $ $ $ Assessment Search Fees $ 500 $ 1,000 $ 1,000 $ 500 $ % Staff Time $ $ $ $ Protective Inspection Fees $ 600 $ 600 $ 600 $ $ Soil Erosion Inspection Fee $ $ 1,500 $ 1,500 $ $ Other Highway and Street Chrgs $ $ $ $ Refuse Collection Charges $ 1,000 $ 1,000 $ 1,000 $ 2,150 $ 1, Weed Cleaning and Removal $ $ $ $ Resident Tree Sales $ $ $ $ Flood Supplies $ $ $ $ Park Fees $ 1,000 $ 2,000 $ 2,000 $ 3,180 $ 2, Court Fines $ 5,000 $ 5,000 $ 5,000 $ 8,553 $ 5,000 City receives two thirds of fine revenue and remits one third to County, this reflects only the city portion Other Fines $ 1,000 $ 1,000 $ 1,000 $ 220 $ Special Assessments $ $ $ $ Principal Amount Revenue $ $ $ $ 391 $ 1, Penalties and Interest $ $ $ $ Delinquent Principal $ $ $ $ Miscellaneous Revenues $ 15,000 $ 20,000 $ 20,000 $ 12,518 $ 20, Interest Earnings $ 100 $ $ $ 2,131 $ 1, Adjustment to Market $ $ $ $ Insurance Reimbursements $ $ 10,000 $ 10,000 $ 19,326 $ 10, Other Rents and Royalties $ 100,000 $ 100,000 $ 100,000 $ 84,767 $ 100,000 $74.4K Xcel Franchise fee revenue and $32.5K cell antenna revenues Contributions and Donations $ 1,000 $ 5,000 $ 5,000 $ 5,265 $ 5, % Lions Donation for Rails to Trails Fireworks Employee Portion of Health Insurance $ 6,056 $ 15,477 $ 25,069 $ $ 26, % Employees contribute 50% of dependent coverage Note Receivable $ $ $ $ Sewage Dumping Fees $ $ $ $ Other Financing Sources $ 10,000 $ $ $ Contribution Enterprise Fund $ 10,500 $ 10,500 $ 10,500 $ 10,500 Repayment of Interfund Loan from Sewer Tax Forfeit Land Sales $ Transfer from Other Fund $ $ $ 10,000 $ 65,000 $ 11, % EDA Staff Support/Transfer of Youth Commission Escrow Proceeds from Long Term Debt $ $ 1,691,040 $ 2,061,565 $ 2,332,979 $ 1,559,598 $ 2,244, % 12/2/2015 1

5 CITY OF WATERTOWN 2016 GENERAL FUND BUDGET EXPENDITURES Percentage Department Account Code Description Budget Actual Budget Actual Budget YTD Budget Change Comments General Government Council Leg. Comms. dministrative Assistant Worker's Comp Insurance Premium $ 2,550 $ 1,334 $ 1,401 $ 996 $ 762 $ 1,195 $ 1, % From the renewal Accessories (paper, pens, etc) $ 3,000 $ 772 $ 3,000 $ 706 $ 3,000 $ 501 $ 1, % Printed Forms $ 1,000 $ 1,912 $ 2,000 $ 1,242 $ 2,000 $ 218 $ 2, Operating Supplies (GENERAL) $ 2,000 $ 1,692 $ 1,750 $ 1,657 $ 1,750 $ 1,487 $ 1, Small Tools and Minor Equipment $ $ $ $ $ $ Auditing and Acct'g Services $ 25,000 $ 14,222 $ 25,000 $ 12,187 $ 25,000 $ 23,950 $ 27, % Accounts for additional Accounting Services as needed Engineering Fees $ 15,000 $ 38,267 $ 15,000 $ 35,453 $ 23,000 $ 29,948 $ 23, Legal Fees $ 20,000 $ 14,367 $ 20,000 $ 23,298 $ 20,000 $ 18,068 $ 20, EDP, Software and Design $ 13,000 $ 14,340 $ 17,000 $ 15,401 $ 17,000 $ 14,007 $ 17, Other Professional Services $ 55,000 $ 51,223 $ 55,000 $ 92,047 $ 55,000 $ 45,490 $ 55,000 Prosecution, Assessing, etc Building Inspector Services $ 32,500 $ $ 32,500 $ 34,270 $ 32,500 $ 28,260 $ 32,500 JPA agreement Professional Planning Services $ 20,000 $ 19,264 $ 15,000 $ 17,449 $ 15,000 $ 3,520 $ 15, Telephone $ 5,200 $ 4,693 $ 5,200 $ 4,895 $ 5,200 $ 3,719 $ 5, Postage $ 3,500 $ 3,559 $ 3,500 $ 1,970 $ 3,500 $ 3,082 $ 3, Advertising $ 8,000 $ 2,553 $ 11,000 $ 3,436 $ 8,000 $ 5,116 $ 6, % Website maintenance $2500, 4 newsletters $4000, Community center ads Legal Notices Publishing $ 3,000 $ 1,805 $ 3,500 $ 2,307 $ 3,500 $ 1,070 $ 3, Ordinance Publication $ 3,000 $ 843 $ 1,500 $ 4,447 $ 1,500 $ 1,002 $ 1, Other Print/Binding $ 3,000 $ $ 3,000 $ $ 3,000 $ 2,182 $ 3,000 Codification General Liability Ins $ 18,540 $ 23,085 $ 19,467 $ 18,693 $ 18,287 $ 17,640 $ 18, % Refuse/Garbage Disposal $ 1,000 $ $ 500 $ 5,437 $ 500 $ 13,095 $ 6, Community Clean Up/Offset by grant funds Repairs Other than Building $ 18, Office Equipment Rental $ 7,000 $ 7,803 $ 7,000 $ 7,092 $ 7,000 $ 5,709 $ 7, Dues and Subscriptions $ 5,000 $ 6,764 $ 5,000 $ 4,978 $ 6,000 $ 5,630 $ 7, % League of Minnesota Cities,Metro Cities, Chamber of Commerce, Industry/News Publication Other Miscellaneous $ 5,000 $ 20,229 $ 2,000 $ 31,568 $ 2,000 $ 1,204 $ 2, Code Enforcement Costs $ $ 1,650 $ $ 1,890 $ $ 2, Donations to Civic Org's $ 8,000 $ 7,185 $ 8,000 $ 7,000 $ 9,000 $ 9,000 $ 9,000 Extra $1500 from Youth Commission Escrow Fund (843) Community Celebrations $ $ 5,500 $ 6,000 $ 5,528 $ 10,000 $ 8,609 $ 9,000 1 Rails to Trails Contingency $ 10,396 $ 21,236 $ 5,000 $ 1,319 $ 5,000 $ 2,146 $ 5,000 Unemployment Liability Office Equip and Furnishings $ 2,000 $ $ 2,000 $ 1,149 $ 2,000 $ 2,037 $ 2, Bank Service Fees $ 2,500 $ 1,887 $ 2,500 $ 2,003 $ 2,500 $ 1,856 $ 2, Transfers $ $ $ $ 157 $ $ 10, Refund $ $ 3,142 $ $ 9,507 $ $ 20,572 $ 274,186 $ 269,327 $ 272,818 $ 348,082 $ 281,999 $ 300,818 $ 285, % $ Wages and Salaries (GENERAL) $ 22,200 $ 21,930 $ 22,200 $ 22,330 $ 22,200 $ 17,975 $ 22,200 $450 per month for Mayor, $350 per month for council FICA $ 1,698 $ 1,678 $ 1,698 $ 1,709 $ 1,698 $ 1,433 $ 1, Workers Comp $ $ 73 $ 2,500 $ 69 $ 56 $ 85 $ % From Renewal Training and Instruction $ 5,000 $ 3,731 $ $ 1,158 $ 2,500 $ 2,079 $ 2, Travel Expenses $ 500 $ $ 500 $ $ 500 $ 642 $ General Liability Insurance $ $ $ $ $ Dues and Subscriptions $ 50 $ $ 50 $ 85 $ 50 $ 30 $ 75 5 $ 29,448 $ 27,412 $ 26,948 $ 25,351 $ 27,004 $ 22,244 $ 27, % $ Other Pay (GENERAL) $ 12,360 $ 2,360 $ 10,000 $ 3,480 $ 9,120 $ 5,080 $ 11, % Parks (3,840), Planning (3,840), COA (3,840) EDA moved to EDA Budget FICA $ 946 $ 181 $ 765 $ 266 $ 698 $ 330 $ % Training and Instruction $ 1,500 $ $ 1,000 $ $ 925 $ 280 $ % $ 14,806 $ 2,541 $ 11,765 $ 3,746 $ 10,743 $ 5,690 $ 13, % $ Full Time Employees Regular $ 42,333 $ 40,805 $ 43,603 $ 45,041 $ 45,511 $ 37,926 $ 45, % Part Time Employees $ 960 $ 570 $ 1,200 $ 85 $ 1,200 $ 98 $ 1, PERA $ 3,108 $ 3,113 $ 3,161 $ 3,205 $ 3,413 $ 2,844 $ 3, % FICA $ 3,353 $ 2,803 $ 3,427 $ 3,452 $ 3,482 $ 2,909 $ 4, % Employer Paid Health $ 7,559 $ 3,431 $ 10,328 $ 6,552 $ 8,281 $ 7,068 $ 8, % Employer Paid Dental $ $ 600 $ 533 $ 541 $ 450 $ % Employer Paid Life/STD/LTD $ 189 $ 542 $ 512 $ 530 $ 511 $ 422 $ % Training and Instruction $ 250 $ 100 $ 250 $ 227 $ 250 $ 132 $ Travel Expenses $ 52 $ 36 $ 100 $ 9 $ /3/2015 1

6 CITY OF WATERTOWN 2016 GENERAL FUND BUDGET EXPENDITURES Percentage Department Account Code Description Budget Actual Budget Actual Budget YTD Budget Change Comments Uniforms $ 100 $ 69 $ 100 $ $ 100 $ 97 $ 100 $ 57,852 $ 51,485 $ 63,181 $ 59,661 $ 63,389 $ 51,954 $ 65, % $ Full Time Employees Regular $ 47,229 $ 49,173 $ 53,000 $ 34,963 $ 64,943 $ 53,591 $ 66, % PERA $ 3,424 $ 2,898 $ 3,843 $ 2,567 $ 4,871 $ 4,061 $ 5, % FICA $ 3,613 $ 3,401 $ 4,055 $ 2,589 $ 4,968 $ 3,921 $ 5, % Employer Paid Health $ 3,141 $ 2,852 $ 3,789 $ 6,650 $ 10,427 $ 8,806 $ 10, % Employer Paid Dental $ $ 800 $ 263 $ 378 $ 315 $ % Employer Paid Life/STD/LTD $ 246 $ 510 $ 607 $ 352 $ 607 $ 491 $ % Training and Instruction $ 1,750 $ 936 $ 3,250 $ 2,226 $ 3,250 $ 3,085 $ 3, Telephone $ 660 $ 577 $ 660 $ 440 $ 660 $ 550 $ 660 $55/mo per policy Travel Expenses $ 2,500 $ 1,584 $ 2,500 $ 754 $ 2,500 $ 1,369 $ 2, Uniforms $ 100 $ 64 $ 100 $ 105 $ 100 $ 62 $ Dues and Subscriptions $ 1,000 $ 740 $ 1,000 $ 1,108 $ 1,000 $ 898 $ 1, Other Miscellaneous $ $ $ $ $ $ 63,663 $ 62,735 $ 73,603 $ 52,017 $ 93,704 $ 77,149 $ 95, % $ $ $ 2,126 $ $ $ Full Time Employees Regular $ 37,941 $ 36,589 $ 39,551 $ 39,148 $ 41,755 $ 34,584 $ 42, % PERA $ 2,751 $ 2,791 $ 2,867 $ 2,855 $ 3,132 $ 2,608 $ 3, % FICA $ 2,902 $ 2,618 $ 3,026 $ 2,753 $ 235 $ 2,424 $ % Employer Paid Health $ 11,996 $ 6,919 $ 16,515 $ 13,232 $ 15,132 $ 12,735 $ 15, % Employer Paid Dental $ $ 800 $ 768 $ 779 $ 649 $ % Employer Paid Life $ 167 $ 453 $ 441 $ 450 $ 441 $ 366 $ % Training and Instruction $ 1,500 $ 612 $ 1,250 $ 890 $ 1,250 $ 203 $ 1,250 Clerk Trainings and Conference Telephone $ $ $ 240 $ 225 $ 240 $ 187 $ Travel Expenses $ 240 $ 201 $ 406 $ 500 $ 284 $ Uniforms $ 100 $ 62 $ 100 $ $ 100 $ $ Dues and Subscriptions $ 150 $ 180 $ 150 $ 250 $ 150 $ 365 $ 150 $ 57,747 $ 50,425 $ 64,940 $ 60,977 $ 63,713 $ 54,405 $ 65, % Ad City Administrator Ci ty Pl a n City Clerk Elections Temporary Employees Regular $ $ $ 5,000 $ 3,778 $ $ $ 5, FICA $ $ $ 383 $ 289 $ $ $ Printed Forms $ $ $ $ $ $ Training and Instruction $ $ $ 500 $ $ $ $ Operating Supplies (GENERAL) $ $ $ 2,500 $ 2,081 $ $ $ 2, EDP, Software and Design $ $ $ $ $ $ $ Postage $ $ $ 500 $ $ $ $ Travel Expenses $ $ $ 1,000 $ 871 $ $ $ 1, Legal Notices Publishing $ $ $ $ 159 $ $ $ Repairs/Maint Machinery/Equip $ 500 $ $ 550 $ 550 $ $ 550 Annual maintenance Other Equipment $ $ $ $ $ $ $ $ 500 $ $ 10,433 $ 7,178 $ 550 $ $ 10, % Fi n a n ci $ $ $ $ General Govt Buildings/Plant Operating Supplies (GENERAL) $ 4,000 $ 1,734 $ 4,000 $ 2,043 $ 4,000 $ 854 $ 2, % Repair/Maint Supply (GENERAL) $ 1,500 $ 314 $ 1,500 $ 1,450 $ 1,500 $ 701 $ 1, Small Tools and Minor Equip $ 500 $ 184 $ 500 $ 158 $ 500 $ $ 500 Vacuums, buffing pads Other Professional Services $ 12,000 $ 9,235 $ 12,000 $ 9,478 $ 12,000 $ 6,450 $ 12,000 Cleaning Contract Telephone $ 1,700 $ 1,785 $ 1,700 $ 1,587 $ 1,700 $ 1,372 $ 1,700 Alarm phone lines General Liability Insurance $ 400 $ $ 420 $ $ $ Property Ins $ 4,500 $ 11,274 $ 4,725 $ 5,585 $ 5,585 $ 5,402 $ 5, % Electric Utilities $ 16,000 $ 17,200 $ 16,000 $ 17,648 $ 16,000 $ 14,458 $ 16, Repairs & Maint Cont (GENERAL) $ 3,000 $ 6,692 $ 3,000 $ 4,474 $ 6,000 $ 4,986 $ 6, Repairs/Maint Buildings $ 5,000 $ 6,114 $ 5,000 $ 2,783 $ 5,000 $ 4,287 $ 5,000 General facility maintenance. Painting offices Repairs/Maint Machinery/Equip $ 5,000 $ 477 $ 5,000 $ 1,149 $ 5,000 $ 1,599 $ 5,000 12/3/2015 2

7 CITY OF WATERTOWN 2016 GENERAL FUND BUDGET EXPENDITURES Percentage Department Account Code Description Budget Actual Budget Actual Budget YTD Budget Change Comments Office Equip and Furnishings $ 2,500 $ 2,626 $ 3,000 $ 5,470 $ 3,000 $ 2,888 $ 3,000 Council/Community Center Room Chairs & Tables $ 56,100 $ 57,635 $ 56,845 $ 51,825 $ 60,285 $ 42,997 $ 58, % G Fire Pension Contributions $ 50,142 $ 62,097 $ 41,826 $ 50,556 $ 42,000 $ $ 55, % $15,000 city contribution and estimated state aid of $40, Bank Service Fees $ $ 40 $ $ 20 $ $ $ Operating Transfers $ 170,000 $ 170,000 $ 193,500 $ 193,500 $ 286,817 $ 140,502 $ 281, % $ 220,142 $ 232,137 $ 235,326 $ 244,076 $ 328,817 $ 140,502 $ 336, % $ Police Other Professional Services $ 185,000 $ 182,691 $ 205,000 $ 200,396 $ 204,000 $ 205,380 $ 212, % From CCSO $ 204,000 $ 205,380 $ 212, % Fire Protection Services Civil Defense Electric Utilities $ 500 $ 315 $ 500 $ 274 $ 500 $ 262 $ Repairs/Maint Machinery/Equip $ 2,000 $ 914 $ 2,000 $ $ 2,000 $ 950 $ 2, Other Miscellaneous $ $ $ $ Other Equipment $ $ $ $ $ $ 2,500 $ 1,229 $ 2,500 $ 274 $ 2,500 $ 1,212 $ 2,500 Animal Contro Other Professional Services $ 2,500 $ 1,856 $ 3,000 $ 1,739 $ 4,000 $ 1,500 $ 2, % Kennel Repair/Boarding/Vet Services Flood Control Public Services Operating Supplies (GENERAL) $ 5,000 $ $ 5,000 $ 6,247 $ 5,000 $ $ 5,000 Unspent funds deposited in Storm Water Fund Motor Fuels $ $ $ $ 681 $ $ $ Equipment Parts $ $ $ $ $ Safety Equipment & Training $ $ $ $ $ $ Small Tools and Minor Equip $ $ $ $ $ Engineering Fees $ $ $ $ $ $ Other Professional Services $ $ $ $ $ $ Repairs/Maint Structures $ $ $ $ 45 $ $ $ Repairs/Maint Machinery/Equip $ $ $ $ $ $ Improvements Other Than Buildings $ $ $ $ $ $ Other Equipment $ $ $ $ $ $ Capital Building Repairs $ $ $ $ $ $ $ 5,000 $ $ 5,000 $ 6,972 $ 5,000 $ $ 5, Full Time Employees Regular $ 60,460 $ 56,734 $ 63,025 $ 62,385 $ 66,539 $ 46,726 $ 68, % Part Time Employees $ 16,000 $ 10,250 $ 16,000 $ 15,024 $ 20,000 $ 18,476 $ 15, % PERA $ 4,383 $ 3,858 $ 4,569 $ 4,570 $ 4,990 $ 3,537 $ 6, % FICA $ 5,849 $ 4,108 $ 6,045 $ 5,470 $ 6,620 $ 4,630 $ 6, % Employer Paid Health $ 7,639 $ 8,100 $ 17,939 $ 19,223 $ 22,197 $ 17,250 $ 23, % Employer Paid Dental $ $ 1,400 $ 1,400 $ 1,418 $ 1,091 $ 1, % Employer Paid Life $ 266 $ 599 $ 670 $ 683 $ 670 $ 555 $ % Unemployment Benefits $ 4,500 $ $ 4,500 $ $ 4,500 $ $ 4, Worker's Comp Insurance Prem $ 400 $ 389 $ 420 $ 329 $ 330 $ 666 $ % From renewal Accessories $ $ 206 $ $ 130 $ $ Training and Instruction $ 2,000 $ 300 $ 2,000 $ $ 2,000 $ 260 $ 1, % Operating Supplies (GENERAL) $ 1,500 $ 1,482 $ 1,500 $ 1,658 $ 1,500 $ 543 $ 1,500 Includes lube and additives Lubricants and Additives $ Repair/Maint Supply (GENERAL) $ 1,000 $ 444 $ 1,500 $ 1,434 $ 1,500 $ 428 $ 1, Equipment Parts $ 1,000 $ 132 $ 500 $ $ 500 $ $ Building Repair Supplies $ 3,000 $ 589 $ 2,000 $ 127 $ 2,000 $ 822 $ 2, Safety Equipment & Training $ 2,000 $ 1,273 $ 2,000 $ 773 $ 2,000 $ 2,047 $ 2, Small Tools and Minor Equip $ 5,000 $ 4,512 $ 10,000 $ 4,226 $ 10,000 $ 2,199 $ 5, EDP, Software and Design $ $ $ $ Other Professional Services $ 2,500 $ 319 $ 5,000 $ 4,576 $ 5,000 $ 2,828 $ 5, Telephone $ 480 $ 3,489 $ 1,500 $ 2,656 $ 1,500 $ 2,402 $ 1, Employment Advertising $ 200 $ $ 200 $ $ 200 $ $ Property Ins $ 2,060 $ 883 $ 2,163 $ 900 $ 900 $ 876 $ % From renewal Automotive Ins $ $ 1,017 $ $ 2,375 $ 2, Moved to Fleet Electric Utilities $ 12,000 $ 10,945 $ 12,600 $ 10,937 $ 13,020 $ 8,067 $ 13, % 12/3/2015 3

8 CITY OF WATERTOWN 2016 GENERAL FUND BUDGET EXPENDITURES Percentage Department Account Code Description Budget Actual Budget Actual Budget YTD Budget Change Comments Refuse/Garbage Disposal $ $ $ $ $ Repairs/Maint Buildings $ 2,000 $ 937 $ 2,000 $ 1,561 $ 2,000 $ $ 2, Repairs/Maint Machinery/Equip $ $ 140 $ 2,000 $ 5,465 $ 2,000 $ $ 2, Uniforms $ 250 $ 320 $ 500 $ 40 $ 500 $ 127 $ Dues and Subscriptions $ 400 $ $ 500 $ $ 500 $ 315 $ Licenses & Permits $ $ 299 $ $ 158 $ $ Land $ $ $ $ $ Buildings and Structures $ $ $ $ $ Heavy Machinery $ $ $ $ $ Office Equip and Furnishings $ 200 $ $ 200 $ $ 200 $ $ Operating Transfers $ $ $ $ $ $ 135,087 $ 111,325 $ 160,732 $ 143,725 $ 174,960 $ 116,626 $ 166, % $ Full Time Employees Regular $ 19,296 $ 19,451 $ 20,115 $ 20,895 $ 21,536 $ 18,140 $ 44, % PERA $ 1,399 $ 1,570 $ 1,458 $ 1,511 $ 1,615 $ 1,351 $ 3, % FICA $ 1,476 $ 1,657 $ 1,539 $ 1,624 $ 1,648 $ 1,409 $ 3, % Employer Paid Health $ 2,068 $ 3,594 $ 2,587 $ 1,537 $ 2,172 $ 1,893 $ 4, % Employer Paid Dental $ $ 600 $ 267 $ 270 $ 225 $ % Employer Paid Life $ 85 $ 377 $ 246 $ 250 $ 246 $ 202 $ % Worker's Comp Insurance Prem $ 4,386 $ 2,382 $ 2,501 $ 3,326 $ 1,557 $ 2,365 $ 2, % From the renewal Training and Instruction $ 500 $ 525 $ 1,000 $ $ 1,000 $ 10 $ 1, Operating Supplies (GENERAL) $ $ (18) $ $ $ 1,000 $ 181 $ 1,000 Street, Crosswalk, Parking Lot Striping Motor Fuels $ $ (1,671) $ $ $ $ Equipment Parts $ $ 206 $ $ $ $ Street Maint Materials $ 6,500 $ 9,024 $ 10,000 $ 13,069 $ 25,000 $ 26,239 $ 25,000 Curb/Sidewalk Repair, Catch basin repair, dustcoating, crack filling Sign Repair Materials $ 3,000 $ 3,197 $ 5,000 $ 5,392 $ 5,000 $ 1,328 $ 5,000 Replace Signs as needed Safety Equipment & Training $ 750 $ 607 $ 1,500 $ 2,384 $ 1,500 $ 912 $ 1, Small Tools and Minor Equip $ 750 $ 749 $ 1,000 $ 252 $ 1,000 $ 655 $ 1, Engineering Fees $ 2,500 $ $ 2,500 $ $ $ Other Professional Services $ $ $ $ 37 $ $ Telephone $ 480 $ $ 480 $ 330 $ 480 $ 275 $ General Liability Ins $ 515 $ $ 541 $ $ 541 $ Property Insurance $ $ $ $ $ $ Automotive Ins $ $ $ $ 778 $ 755 $ 10 Moved to Fleet Improvements Other Than Buildings $ $ 6,600 $ $ $ $ Repairs/Maint Machinery/Equip $ $ 147 $ $ $ $ Machinery Rentals $ $ 1,299 $ 1,000 $ 2,554 $ 1,000 $ 1,025 $ 1, Uniforms $ 250 $ 90 $ 250 $ 150 $ 250 $ 326 $ Improvements Other Than Buildings $ $ $ $ $ Motor Vehicles $ $ $ $ $ Capital Equipment Repairs $ $ $ $ $ Operating Transfers $ $ $ $ $ $ $ 43,955 $ 49,786 $ 52,317 $ 53,578 $ 66,593 $ 57,290 $ 94, % Hwys, Streets, & Roads Ice & Snow Removal Part Time Employees $ 4,608 $ 666 $ 4,608 $ 4,662 $ 4,608 $ 1,038 $ 4,608 2 Winter Seasonal Staff 192 hours each at $12.06 per hour FICA $ 353 $ 51 $ 353 $ 357 $ 353 $ 79 $ Unemployment Benefits $ 1,020 $ $ 1,020 $ $ 1,020 $ $ 1,020 Estimated potential liability Motor Fuels $ $ (155) $ $ $ $ Chemicals and Chem Products $ 15,000 $ 22,902 $ 17,000 $ 17,110 $ 20,000 $ 20,569 $ 20, Repair/Maint Supply (GENERAL) $ $ $ $ 9 $ $ Equipment Parts $ $ $ 2,000 $ 2,076 $ 3,500 $ 1,457 $ 3, % Replacement Plow Blades Small Tools and Minor Equip $ $ $ $ 1,000 $ $ Freight and Express $ 3,500 $ 2,720 $ 4,000 $ $ 4,000 $ $ 3, % Snow Hauling Employment $ 200 $ 322 $ 200 $ $ 200 $ $ Automotive Ins $ $ $ $ 1,678 $ 1,598 $ 10 Moved to Fleet Repairs & Maint Cont (GENERAL) $ $ $ $ $ $ Repairs/Maint Machinery/Equip $ $ (425) $ $ 125 $ $ Other Equipment $ $ $ $ $ $ 12/3/2015 4

9 CITY OF WATERTOWN 2016 GENERAL FUND BUDGET EXPENDITURES Percentage Department Account Code Description Budget Actual Budget Actual Budget YTD Budget Change Comments Towing Charges $ $ 534 $ $ $ 1,000 $ $ 1,000 Plow Truck Towing Needs Other Miscellaneous $ $ $ $ $ Capital Equipment Repairs $ $ $ $ $ $ 24,681 $ 26,615 $ 29,181 $ 24,339 $ 37,359 $ 24,741 $ 33, % $ $ $ Accessories $ 1,000 $ $ 1,000 $ 1,000 $ $ 1, Motor Fuels $ 31,500 $ 30,095 $ 30,000 $ 31,243 $ 30,000 $ 14,826 $ 30, Repair/ Maint Supply $ 2,000 $ 1,737 $ 2,000 $ 2,785 $ 2,000 $ 2,638 $ 2, Equipment Parts $ 25,000 $ 19,058 $ 20,000 $ 15,552 $ 20,000 $ 9,672 $ 20, Small Tools and Minor Equipment $ $ $ 15,000 $ 14,157 $ 15,000 $ 5,807 $ 10, % Other Professional Services $ 1,000 $ $ 1,000 $ 2,812 $ 1,000 $ $ 1, Automotive Insurance $ 19,000 $ 5,770 $ 6,059 $ 17,823 $ 19,950 $ $ 5, % From Renewal Repairs/ Maint Machinery/Equip $ 31,000 $ 37,035 $ 31,000 $ 12,783 $ 31,000 $ 9,740 $ 25, % Heavy Machinery $ $ $ $ $ $ 110,500 $ 93,695 $ 106,059 $ 97,155 $ 119,950 $ 42,683 $ 94, % Fleet Street Lightin g Parks Electric Utilities $ 55,000 $ 51,527 $ 55,000 $ 45,364 $ 55,000 $ 38,964 $ 55, Repairs Other Than Buildings $ 500 $ 238 $ 500 $ 5,000 $ $ 5,000 Street Light Repair $ 55,500 $ 51,765 $ 55,500 $ 45,364 $ 60,000 $ 38,964 $ 60,000 $ Full Time Employees Regular $ 37,652 $ 35,587 $ 39,249 $ 38,850 $ 41,437 $ 34,194 $ 42, % Part Time Employees $ 3,766 $ 5,428 $ 3,766 $ 2,116 $ 3,766 $ 3,685 $ 3, % Hockey Rink Attendants at a total 443 hours at $9.00 per hour Other $ $ $ $ $ $ Other Pay (GENERAL) $ 2,500 $ 2,500 $ 2,500 $ 2,500 $ 2,500 $ 2,500 $ PERA $ 2,730 $ 2,710 $ 2,846 $ 2,864 $ 3,108 $ 2,606 $ 3, % FICA $ 3,168 $ 2,699 $ 3,291 $ 3,000 $ 3,458 $ 2,726 $ 3, % Employer Paid Health $ 6,276 $ 3,814 $ 8,473 $ 7,790 $ 10,596 $ 8,997 $ 10, % Employer Paid Dental $ $ 1,400 $ 1,400 $ 1,418 $ 1,182 $ 1, % Employer Paid Life $ 166 $ 496 $ 480 $ 492 $ 480 $ 402 $ % Worker's Comp Insurance Prem $ 1,854 $ 1,788 $ 1,877 $ 2,272 $ 1,655 $ 2,417 $ % From the renewal Training and Instruction $ 1,000 $ 360 $ 1,500 $ 498 $ 1,500 $ $ 1, % Operating Supplies (GENERAL) $ 3,000 $ 3,052 $ 2,500 $ 1,597 $ 2,500 $ 4,579 $ 2, Motor Fuels $ $ 205 $ $ $ $ Chemicals and Chem Products $ 7,500 $ 4,710 $ 8,000 $ 5,103 $ 8,000 $ 3,365 $ 6, % Repair/Maint Supply (GENERAL) $ 2,000 $ 854 $ 2,000 $ 2,581 $ 2,000 $ 375 $ 2, Equipment Parts $ 2,000 $ 1,275 $ 2,000 $ 1,155 $ 5,000 $ 911 $ 5,000 Sprinkler System Repair/Playground Equipment Parts Landscaping Materials $ 15,000 $ 14,256 $ 15,000 $ 13,834 $ 15,000 $ 6,050 $ 15, Sign Repair Materials $ 1,000 $ $ 1,500 $ $ 1,500 $ 712 $ 1, Safety Equipment & Training $ 750 $ 925 $ 1,500 $ 2,230 $ 1,500 $ 1,128 $ 1, Small Tools and Minor Equip $ 5,000 $ 5,285 $ 6,500 $ 5,333 $ 6,500 $ 5,147 $ 6, Other Professional Services $ 3,000 $ 3,598 $ 3,500 $ 4,061 $ 3,500 $ 3,585 $ 3, Telephone $ 480 $ 435 $ 480 $ 1,068 $ 480 $ 895 $ Advertising $ $ $ $ $ Employment Advertising $ 500 $ 592 $ 500 $ 120 $ 500 $ $ 500 Seasonal workers Property Ins $ 21,630 $ 32,597 $ 34,227 $ 21,041 $ 21,041 $ 21,276 $ 20, % From the renewal Automotive Insurance $ $ $ $ 847 $ 1,170 $ 10 Moved to Fleet Electric Utilities $ 8,500 $ 9,776 $ 9,000 $ 8,361 $ 9,000 $ 7,578 $ 9, % Refuse/Garbage Disposal $ $ $ $ $ Repairs/Maint Buildings $ 5,000 $ 2,374 $ 5,000 $ 4,362 $ 5,000 $ 309 $ 5, Improvements Other Than Buildings $ 2,000 $ 10,873 $ 2,000 $ 22,855 $ 12,000 $ 10,141 $ 12,000 Trail Seal Coating ($10,000) Repairs/Maint Machinery/Equip $ $ $ $ $ 5,000 $ $ 2, Other Equipment Rentals $ 1,500 $ 1,432 $ 5,000 $ 5,384 $ 5,000 $ 4,213 $ 5,000 Xmark Uniforms $ 250 $ 161 $ 500 $ 378 $ 500 $ 69 $ Other Rentals $ 5,000 $ 7,754 $ 5,000 $ 6,959 $ 3,000 $ 4,567 $ 3,000 Portable Toilets Licenses & Permits $ $ 311 $ 100 $ 266 $ 100 $ 245 $ /3/2015 5

10 CITY OF WATERTOWN 2016 GENERAL FUND BUDGET EXPENDITURES Percentage Department Account Code Description Budget Actual Budget Actual Budget YTD Budget Change Comments Recreation Programs $ 2,000 $ 368 $ 2,000 $ 1,000 $ 2,000 $ 744 $ 1,000 5 Commission on Aging Support Buildings and Structures $ $ $ $ $ $ Licenses & Permits $ $ $ $ $ $ Improvements Other Than Buildings $ 15,000 $ 5,840 $ 15,000 $ 11,581 $ 15,000 $ 6,406 $ 15,000 Tables, garbage cans, general replacement/upkeep Furniture and Fixtures $ $ $ $ $ $ Other Equipment $ $ $ $ $ Capital Equipment Repairs $ $ $ $ $ $ Capital Equipment Repairs $ $ $ $ $ $ Operating Transfers $ $ 1,000 $ 35,000 $ 35,000 $ $ $ 160,222 $ 163,055 $ 221,688 $ 216,051 $ 194,886 $ 142,174 $ 185, % Printed Forms $ $ $ $ $ Operating Supplies (GENERAL) $ $ $ $ Repair/Maint Supply (GENERAL) $ $ $ $ $ Landscaping Materials $ 3,000 $ 1,868 $ 5,000 $ 4,477 $ 5,000 $ 4,583 $ 4,000 2 Trees for Boulevards & Parks Other Professional Services $ 3,000 $ 6,090 $ 3,000 $ 5,418 $ 3,000 $ 13,500 $ 3,000 Arborist Service Postage $ $ $ $ $ $ Other Equipment Rental $ 500 $ $ $ $ $ $ 6,500 $ 7,958 $ 8,000 $ 9,895 $ 8,000 $ 18,083 $ 7, % $ Libraries Telephone $ 450 $ 422 $ 450 $ 422 $ 450 $ 351 $ 450 $ $ 351 $ 450 Forestry and Nursery Cap. Improve Debt Service Capital Improvements $ 133,250 $ 133,250 $ 300,000 $ 300,000 $ 323,175 $ 161,588 $ 329, % Increase in LGA Park Fund Contributions $ $ $ 65,000 $ 32,500 $ 55, % Other Contributions $ 30,000 $ 30,000 $ 30,000 $ 30,000 $ $ $ 163,250 $ 163,250 $ 330,000 $ 330,000 $ 388,175 $ 194,088 $ 384, % $ Debt Srv Bond Principal $ 10,000 $ $ 63,240 $ 63,240 $ 63,240 $ $ 53, % 2011 Downtown Redevelopment Project TIF Support Bond Interest $ 910 $ $ 3,040 $ 3,040 $ 3,030 $ 10 $ 10,910 $ $ 66,280 $ 66,280 $ 66,270 $ $ 53, $ 1,680,499 $ 1,609,470 $ 2,061,565 $ 2,049,102 $ 2,262,346 $ 1,538,851 $ 2,259, % 12/3/2015 6

11 CITY OF WATERTOWN 2016 WATER FUND REVENUES Percent Account Description Actual Actual Actual Budget YTD Budget Change Comment R Current Ad Valorem Taxes $ 24,518 $ (816) $ (101) $ $ R Deliquent Ad Valorem Taxes $ 1,881 $ 559 $ 36 $ $ 43 R Penalties & Interest/AdValTax $ 250 $ 160 $ 11 $ $ R Homestead Credit $ $ $ $ $ R Protective Inspection Fees $ 450 $ 1,050 $ 1,283 $ 1,000 $ 649 $ 1,000 R Water Availability Charge $ 15,000 $ 20,000 $ 42,000 $ 32,000 $ 55,463 $ 32, % R Area Charge $ $ $ $ $ R Principal Amount Revenue $ 8,133 $ 4,002 $ 30,946 $ 2,600 $ 2,431 $ 3, % R Penalites & Interest $ 806 $ 449 $ 434 $ 350 $ 169 $ 350 R Deliquent Principle $ 1,309 $ $ $ $ R Miscellaneous Revenues $ $ 1,151 $ $ $ 1,560 $ 1,000 R Interest Earnings $ 326 $ 429 $ 875 $ 500 $ 525 $ 500 R Adjustment to Market $ $ $ $ $ R Water Sales $ 323,152 $ 348,200 $ 297,836 $ 375,000 $ 260,496 $ 305, % R Water Infrastructure Fee $ 240,736 $ 394,712 $ 388,147 $ 400,000 $ 343,060 $ 400,000 R No Read Fine $ 1,784 $ 550 $ 2,625 $ 750 $ 349 $ 750 R Water Meters $ 670 $ 2,470 $ 8,295 $ 5,000 $ 4,705 $ 5,000 R Water Connect/Reconnect Fee $ $ $ $ $ 669 R Water Penalty $ $ $ $ $ R Transfer from Other Fund $ $ $ $ $ R Proceeds from Long Term Debt $ $ $ $ $ $ 619,015 $ 772,916 $ 772,387 $ 817,200 $ 670,119 $ 750, %

12 CITY OF WATERTOWN 2016 SEWER FUND REVENUES Percent Account Description Actual Actual Actual Budget YTD Budget Change Comment R Current Ad Valorem Taxes Current Ad Valorem Taxes $ 73,332 $ 551 $ $ $ R Delinquent Ad Valorem Taxes Deliquent Ad Valorem Taxes $ 1,960 $ 1,186 $ (109) $ $ R Penalties and Interest AdValTx Penalties & Interest/AdValTax $ 250 $ 160 $ 11 $ $ 10 R Public Utilities Public Utilities $ $ $ 36 $ $ 10 R Homestead Credit Homestead Credit $ $ $ $ $ R Protective Inspection Fees Protective Inspection Fees $ 450 $ 900 $ 1,363 $ 750 $ % R Sewer Availability Charge Sewer Availability Charge $ 15,000 $ 20,000 $ 42,000 $ 32,000 $ 56,648 $ 32, % R Area Charge Area Charge $ $ $ $ R Principal Amount Revenue Principal Amount Revenue $ 7,727 $ 4,598 $ 4,616 $ 1,775 $ 2,431 $ 1, % R Penalties and Interest Penalties & Interest $ 806 $ 449 $ 434 $ 250 $ 169 $ % R Delinquent Principle Deliquent Principle $ 1,309 $ $ $ $ R Miscellaneous Revenues Miscellaneous Revenues $ 3,238 $ 44,449 $ 24,530 $ 17,500 $ 3,290 $ 5, % R Interest Earnings Interest Earnings $ 236 $ 182 $ 233 $ 150 $ 438 $ % R Adjustment to Market Adjustment to Market $ $ $ $ $ R Sewer Sales Sewer Sales $ 408,093 $ 296,521 $ 291,666 $ 325,000 $ 236,991 $ 305, % R Sewer Plant Charges Sewer Infrastructre Fee $ 230,195 $ 394,729 $ 387,500 $ 400,000 $ 342,358 $ 400, % R Sewage Dumping Fees Sewage Dumping Fees $ 47,438 $ 36,658 $ 29,325 $ 35,000 $ 26,841 $ 35, % R Other Financing Sources Other Financing Sources $ $ $ $ $ R Sales of General Fixed Assets Sales of General Fixed Assets $ $ $ $ $ R Transfer from Other Fund Transfer from Other Fund $ $ $ $ $ 501 R Proceeds Gen Long term Debt Proceeds from Long Term Debt $ $ $ $ $ R Proceeds Gen Obligation Bond $ $ $ $ $ $ 790,032 $ 800,383 $ 781,605 $ 812,425 $ 670,400 $ 780, %

13 Source of Supply Purification Distribution Water Fund 2016 Expenditures Account Descr Comment Budget Actual Budget Actual Budget YTD Budget Change E Motor Fuels $ $ $ $ $ E Equipment Parts $ 1,000 $ $ 1,000 $ $ 1,000 $ $ 1,000 E Building Repair Supplies $ 500 $ $ 1,000 $ $ 500 $ $ 500 E Testing Fees $ 300 $ 195 $ 300 $ $ 300 $ 195 $ 300 E Electric Utilities $ 6,000 $ 5,032 $ 6,500 $ 2,063 $ 6,500 $ 3,539 $ 6,500 E Small Tools and Minor Equip $ $ $ $ 779 $ 500 $ 500 E Other Professional Services $ 750 $ $ 750 $ 341 $ 750 $ 750 E Repairs/Maint Buildings $ 500 $ 279 $ 500 $ $ 500 $ $ 500 E Capital Equipment Repairs $ $ $ $ $ 10,000 $ 4,400 $ 10,000 Chemical Feed Equipment E Capital Building Repairs $ $ $ $ $ $ $ $ 9,050 $ 5,506 $ 10,050 $ 3,183 $ 20,050 $ 8,134 $ 20,050 E Motor Fuels $ 2,000 $ 2,692 $ 2,500 $ 1,149 $ 2,000 $ 841 $ % E Lubricants and Additives $ 100 $ $ 100 $ $ 100 $ $ 100 E Chemicals and Chem Products $ 4,000 $ 2,065 $ 4,000 $ 2,609 $ 4,000 $ 1,994 $ 3, % E Lab Supplies $ 500 $ 666 $ 500 $ 501 $ 750 $ 702 $ 750 E Repair/Maint Supply (GENERAL) $ 500 $ 97 $ 500 $ 827 $ 1,000 $ 1,000 E Equipment Parts $ 500 $ 2,772 $ 500 $ 330 $ 500 $ 1,055 $ E Small Tools and Minor Equip $ 1,000 $ 186 $ 1,000 $ 789 $ 1,000 $ 35 $ E Other Professional Services $ 750 $ 500 $ 750 $ 2,737 $ 750 $ 505 $ 750 E Electric Utilities $ 20,000 $ 24,285 $ 21,000 $ 20,351 $ 21,000 $ 18,454 $ 21,000 E Repairs/Maint Buildings $ 2,000 $ 3,563 $ 10,000 $ 2,340 $ 10,000 $ 1,971 $ 10,000 E Repairs Other Than Buildings $ $ 1,101 $ $ $ 6,000 $ $ 6,000 Generator Maintenance E Repairs/Maint Machinery/Equip $ 5,000 $ 10,541 $ 5,000 $ $ 5,000 $ 10,739 $ 5,000 E Buildings and Structures $ $ $ $ $ 15,000 $ $ 15,000 Exterior Block Seal $ 36,350 $ 48,468 $ 45,850 $ 31,633 $ 67,100 $ 36,296 $ 64, % E Street Maint Materials $ 2,500 $ 199 $ 2,500 $ 3,218 $ 2,500 $ $ 1,500 4 E Utility Maint Supplies $ 1,000 $ 4,432 $ 2,500 $ 7,322 $ 4,000 $ 2,283 $ 3, % E Equipment Parts $ 1,000 $ 1,875 $ 3,000 $ 399 $ 2,000 $ $ 2, % E Small Tools and Minor Equip $ 1,000 $ 180 $ 1,000 $ 6,030 $ 2,000 $ 3,645 $ 3,000 5 E Professional Srvs (GENERAL) $ 500 $ 10,131 $ 750 $ 724 $ 750 $ 972 $ 7, % Interior Tower Inspection E Repairs & Maint Cont (GENERAL) $ 15,000 $ 24,865 $ 25,000 $ 19,933 $ 20,000 $ 17,857 $ 20,000 Watermain Breaks/Repairs E Repairs Other Than Buildings $ $ $ $ $ $ $ 500 Tower/Well House Heaters E Repairs/Maint Machinery/Equip $ $ $ $ $ $ $ E Depreciation (GENERAL) $ $ 158,135 $ $ $ $ E Other Equipment Rentals $ $ $ $ $ $ E Water Meters $ 5,000 $ 6,863 $ 7,500 $ 7,671 $ 7,500 $ 16,145 $ 12,000 6 Sales of new/replacement of Current E Other Equipment $ $ $ $ $ $ $ $ 26,000 $ 206,679 $ 42,250 $ 45,297 $ 38,750 $ 40,902 $ 49, % E Full Time Employees Regular $ 112,391 $ 105,148 $ 110,922 $ 107,500 $ 116,555 $ 97,489 $ 129, % E Part Time Employees $ $ 65,852 $ 6,000 $ 11,460 $ 6,000 $ 4,300 $ 10 E PERA $ 8,148 $ 70,088 $ 8,477 $ 7,754 $ 9,192 $ 7,294 $ 9, % E FICA $ 8,598 $ 7,371 $ 8,477 $ 8,912 $ 9,375 $ 7,593 $ 9, % E Employer Paid Health $ 21,484 $ 2,330 $ 22,428 $ 17,994 $ 22,528 $ 19,111 FALSE 10 E Employer Paid Dental $ $ $ 2,500 $ 1,542 $ 1,596 $ 1,330 $ 1, %

14 Administration E Employer Paid Life/LTD/STD $ 247 $ 1,150 $ 609 $ 1,192 $ 609 $ 1,005 $ 1, % E Worker s Comp Insurance Prem $ 2,652 $ 1,699 $ $ 3,933 $ 3,430 $ 5,926 $ 5, % E Accessories (paper, pens, etc) $ 100 $ 192 $ 100 $ 192 $ 100 $ 262 $ 100 E Printed Forms $ 750 $ 868 $ 750 $ $ $ 328 $ E Training and Instruction $ 1,000 $ 984 $ 2,000 $ 1,228 $ 2,000 $ 733 $ 2,000 E Lab Supplies $ $ $ $ $ $ $ E Equipment Parts $ $ $ $ $ $ $ E Safety Equipment & Training $ 1,000 $ 673 $ 2,000 $ 1,294 $ 2,000 $ $ 2,000 E Auditing and Acct g Services $ 5,000 $ 5,361 $ 5,500 $ 5,500 $ 5,500 $ 4,850 $ 5,500 E Engineering Fees $ 2,000 $ 116 $ 2,000 $ 2,444 $ 5,000 $ 60 $ 5,000 E Legal Fees $ 1,000 $ 1,175 $ 1,000 $ 352 $ 1,000 $ $ 1,000 E EDP, Software and Design $ $ 1,970 $ 2,000 $ 1,642 $ 2,000 $ 2,182 $ 2,000 E Other Professional Services $ 2,000 $ 1,182 $ 2,000 $ 7,353 $ 3,225 $ 1,719 $ 3, % E Testing Fees $ 750 $ 585 $ 750 $ 720 $ 750 $ 390 $ 750 E Wellhead Protection $ 2,000 $ $ 2,000 $ $ 2,000 $ $ 10 E Telephone $ 2,000 $ 1,006 $ 2,000 $ 1,882 $ 1,500 $ 1,569 $ 1,500 E Postage $ 2,500 $ 2,135 $ 2,750 $ 2,566 $ 2,500 $ 2,453 $ 2,750 1 E Travel Expenses $ 150 $ 19 $ 250 $ 34 $ 250 $ 37 $ 250 E Employment $ 150 $ 364 $ 400 $ $ 400 $ $ 400 E General Notices and Pub Info $ 500 $ $ 500 $ $ 500 $ $ 500 E General Liability Ins $ 3,090 $ 6,968 $ 3,500 $ $ 3,500 $ $ 3,500 E Property Ins $ 1,957 $ 4,318 $ 2,500 $ 2,768 $ 2,768 $ 2,711 $ 2, % E Automotive Ins $ $ 4,054 $ $ 2,649 $ 2,302 $ 2, % E Repairs/Maint Machinery/Equip $ $ $ $ $ $ E Uniforms $ 500 $ 297 $ 500 $ 50 $ 450 $ 115 $ % E Dues and Subscriptions $ 200 $ 250 $ 300 $ 235 $ 300 $ 437 $ 300 E Other Miscellaneous $ 500 $ 275 $ 500 $ 124 $ 500 $ $ 500 E Licenses & Permits $ 9,000 $ 10,458 $ 7,500 $ 9,415 $ 7,500 $ 6,471 $ 7,500 E Refund to Carver County $ $ $ $ $ $ $ E Improvements Other Than Bldgs $ $ $ $ $ $ $ E Motor Vehicles $ $ $ $ $ $ $ E Office Equip and Furnishings $ $ $ $ $ $ $ E Loss on Disposal of Assets $ $ $ $ $ $ $ E Other Equipment $ $ $ $ $ $ $ E Debt Service Bond Principal $ $ 0 $ 139,000 $ 275,500 $ 225,335 $ 143,000 $ 267, % E Bond Interest $ $ 51,103 $ 38,627 $ 53,697 $ 38,627 $ 41,853 $ 10 E Fiscal Agent's Fee $ $ $ 248 $ $ $ E Bank Service Fees $ $ $ 80 $ $ 50 $ E Operating Transfers $ 4,000 $ 4,000 $ 5,000 $ 87,061 $ 112,000 $ $ 100, % To Capital $ 193,667 $ 351,990 $ 382,840 $ 614,672 $ 591,639 $ 355,569 $ 570, %