Council Chambers in City Hall. PUBLIC HEARING on the 2019 Annual Budget of the City of New Ulm.

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1 AGENDA CITY COUNCIL MEETING New Ulm, Minnesota Council Chambers in City Hall December 4, : 00 P. M. PUBLIC HEARING on the 2019 Annual Budget of the City of New Ulm. a. Consider motion to approve revenue and expenditure adjustments to the Preliminary 2019 Budget.

2 City of New Ulm Request for Council Action Meeting Date: December 4, 2018 Agenda Item Number: 1 a Agenda Section: Public Hearing Originating Department: Finance Resolution: Ordinance: n/ a n/ a Prepared By: Nicole Jorgensen Number of Attachments: 1 Presented By: Nicole Jorgensen Item Consider motion to approve revenue and expenditure adjustments to the Preliminary 2019 Budget. City Manager' s Proposed Action: Motion by, second by, to approve revenue and expenditure adjustments as presented to the Preliminary 2019 Budget and allow staff flexibility in further minor changes needed in arriving at the final individual 2019 budget numbers. Board/ Commission Recommendation: n/ a Overview: We are holding the first meeting in our truth -in -taxation hearing process. If we are unable to finish the budget tonight, a follow up continuation hearing will be held next week on December 11, 2018 at 6: 00 P. M. In September, the preliminary tax levy was set at $ 7, 759, 527 an increase of 7. 42% over Due to changes in the county and city tax capacity it is estimated that the levy increase could result in a very small increase ( 0. 12%) in the City tax rate. The actual impact to each household will depend on their property' s taxable market value. Based on information from the County Assessor taxable market values have increased about 7%. Primary Issues/ Alternatives n/ a to Consider: Budgetary/Fiscal Issues: This is the TNT budget hearing for 2019 and determines the amount of revenue and expenditures the city will have for next year. Attachments: 2019 budget presentation

3 CITY OF NEW ULM MINNESOTA BUDGETED REVENUES BY FUND AND SOURCE 2019 Bud et" Prelimina Use Of PUC In Fund Property Lieu of Fund Balance Taxes LGA Taxes Transfers Other Total General 222, 500 3, 508, 840 3, 189, 485 1, 434, , 580, , 935, 921 Library 15, , , , 491 Park & Recreation 0 1, 017, , , , 055, 965 3, 415, 212 Parking System 4, 629) 40, , , 386 Economic Development 39, , , , 873 Capital Improvement 2, 000, , , , , 000 2, 716, 000 Debt Service 142, 646) 2, 050, , 865, , 000 5, 675, 332 TOTAL 2, 129, 825 7, 759, 527 4, 313, 919 1, 940, 475 2, 865, 670 4, 857, , 867, 215

4 State Aid ( LGA) Property Taxes 4, 313, % 7, 759, % Special PUC In Lieu of Taxes 1, 940, % Other Sourc 17% Transfers 2, 865, % Charges for Charges for Services 1, 988, % Services Other Sources 4, 031, % Special Assessments 967, % Transfer 12% perty Taxes 33% TOTAL I axes V. 2

5 PR Debt Service 24% Capital Public Works Others Public Works 3, 800, % Improvements P 16% 4% II% Public Safety 3, 803, % Public 16% Administration 2, 627, % Community & Rec Centers 2, 376, % Parks 1, 038, % Library 859, % Debt Service 5, 675, % Capital Improvements 2, 716, % Library 4% Parks 4% Community& Rec Centers 10% Administration 11% Others 969, % TOTAL 23, 867, 216 YEAR ENDED DECEMBER 31 Ioi: e c 1 7m6 1 Inn 1 7olu 1 Imo 121, 000, 000 BadgetedEa aditeres' Change from pror year: Amont S20, 0WAw PemM 5. 43% 3. 20'/ % % / % /1 Nethzle S15pWAW Change from prior year: Amount Percent 3. 86% 5. 11% 6221/ / /1 4.84% / 1 Tax a seit ete' % A/ / % % ALWIN % % Change from prior year. Amount , M853 0, Percent / % / % 106 / / / 1 10, 000, 000 5,000, 000 Excledes Special Taxing Districts and debt service transfers having a doubling effect So

6 2017 Budget Annual Monthly Fund/ Depart- nt Annurrt I Mount Gcncral Administration Police 122A Fire Street Sewer Engineering Airport Cemetery Community access Total General Library A Park 3 Recreation Administration Parks Outdoor Pools O. t Recreation Center Civic Center Community Center Parks a Reeroatlon Total Capital Improvement ) 0. 22) Debt Service Total CRY '0 $ 788 2, ,500 1, 905 2,000 $ 1, 859 $ , 500 1, 000 1, $ $ 364 $ Taxes Payable Taxes Payable Taxes Payable , 000 $ 150, $ 250, $ 350, 000 II

7 Goosetown Library Roof Fire Drill Tower 38, , 000 Main Fire Station HVAC Columbarium (Split between Fund 290, 801, and 101) Family Recreation Center boiler Schonlou Park Glockenspiel controller, 4 figurines 21, , , , 000 Total City Renovation Fund use 1, 440, 000 Engine 10 replacement 560, 000 ITEMS DescriptionBUDGETED INCLUDED IN TAX LEVY Budgeted Drainage Study 30, % Police Department 2 vehicles 66, % ADA Curbs 36, % ARCGIS upgrade 3, % Cartograph 4, % ADA Transition/ inventory 30,867 43% Storm Sewer Feasibility 30, % Cottonwood Street property acquisition 8,800 l 2% Sanitary sewer lift station 20' North 15, % Survey Equipment 6, % 5

8 Description Amount Budgeted Levy Impact General Plan Update 30, % Local Intel City statistics analysis Mail Inserter ( city portion) Police Department Interview room 10, % 7, % 4, % Police Department - Firearms 28, % Fire Department Bell tower maintenance 8, % Remove sidewalk pavers 25, % Columbarium portion not covered Total by reserved funds 12, % 124, % CITY OF NEW U LM, M I N N ESOTA 100 North Broadway New Ulm, MN Ph.: Fax: comments@newulmmn. www. newulmmn. gov gov 1.1