Macedonia Tax Levies November Sylvia Hanneken October 2016

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Kristian McKenzie
5 years ago
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1 Sylvia Hanneken October 2016

2 Macedonia Road Levy ¼% Income Tax Levy Produces $ 1.05 Million Annually 10 year span Dedicated to Roads and Storm Water Projects Macedonia Recreation Levy (¼% income tax) Produces $ 1.05 Million Annually 20 Year Span Dedicated to Recreation Center and Park Issue 18 and 19 Levies Together Increase total Macedonia Income Tax Rate to 2 ¼% Macedonia and Most Surrounding Communities at 2% Rate Today

3 What is our Assessment of Need? Roads and Related Storm Water City Engineer Recommendation $1,000,000 annually on road maintenance Roads (City Maintains) 2015 Macedonia Roads Pavement Condition Report (GPD) Total Dedicated Roads = % in Very Poor, Poor, or Fair to Poor Condition 18.7% in Fair Condition 64% in Good or Very Good Condition Roads (cont) Private HOAs Maintain (City Does NOT Maintain) Spring Hill Developments Spruce Crossings Villas at Taramina (except Migliorini Way) Villa Lago Arbor Trails Valley Creek Estates Greystone Tuscany Woodland Pointe Storm Water Northeast Ohio Sewer District (NEORSD) Watershed (Indian Creek) Plan for this area Macedonia Storm Water Projects Approved for Use of NEORSD Macedonia Community Share Funds

4 What is our Assessment of Need? (Parks and Recreation) Recreation/Parks Survey Responses 68% (498) were from self identified Macedonia residents Preferred Projects (highest response total was 634) Responses (over 50%) that feature was important of the 732 surveyed Outdoor Pool by 494 Walking Trails by 457 Gym/Basketball by 417 Splash Park (Part of Outdoor Aquatics) by 376 Preferred Projects No other projects exceed more than 50% of responses by those surveyed Survey answered less than 4.5% of Macedonia residents and may have built in bias due to how it was distributed to current members

5 What Revenues Available Annually to Support Macedonia Need for Roads and Storm Water Projects without these Levies? Reduction in Macedonia Construction Debt - $850,000 in FY 2017 NEORSD Community Share ($225,000) Annually Reprioritize current operations expenditures Totals well over $1 million annually available for appropriations for roads/storm water What Revenues Available Annually to Support Parks and Recreation Needs How Much Preferred Projects Will Cost Not Defined Aquatic Complex and Enhanced Park Trails Probably less than 3 million 21 Million over 20 Years from Taxpayers is clearly way over even a speculative survey need Summit County Development Finance Authority is Potential Financing Source

6 City of Macedonia Departmental Budget Cost Comparison Fiscal Years Final passed City Council $ 110, $ 110, $ 122, Administrative Support $ 75, $ 194, $ 225, Mayor's Office $ 230, $ 280, $ 388, Finance Department $ 359, $ 367, $ 417, Mayor's Court $ 293, $ 306, $ 321, Legal Department $ 242, $ 143, $ 147, Civil Service $ 4, $ 4, $ 9, City Center Service $ 268, $ 237, $ 370, Building Department $ 552, $ 545, $ 651, Service Streets $ 230, $ 187, $ 215, Police Department $ 2,855, $ 2,867, $ 3,058, Fire Department $ 1,844, $ 1,862, $ 2,002, Dispatch Department $ 541, $ 590, $ 643, SCM&R Fund $ 1,669, $ 1,668, $ 1,962, Parks & Recreation Fund $ 384, $ 416, $ 635, Family Recreation Center $ 1,186, $ 1,177, $ 1,345, Total Departments $ 10,851, $ 10,958, $ 12,515, less 1%' +14%'

2014 Actual 2015 Actual 2016 Budget Passed Total Macedonia Departments Operations Costs $ 10,851,392.39 $ 10,858,443.01 $ 12,515,985.00 Total Macedonia Departments Operations Costs $16,000,000.

7 2014 Actual 2015 Actual 2016 Budget Passed Total Macedonia Departments Operations Costs $ 10,851, $ 10,858, $ 12,515, Total Macedonia Departments Operations Costs $16,000, $14,000, $12,000, $10,851, $10,858, $12,515, $10,000, $8,000, $6,000, $4,000, $2,000, $ Actual 2015 Actual 2016 Budget Passed

8 Annual Debt Projected 2003 Bond Principal $ 9, Bond Interest $ 3, Bond Interest $ 129, $ 119, $ 119, Bond Principal $ 513, $ 438, $ 470, $ Bond Principal $ 8, $ 89, $ 49, $ 190, Bond Interest $ 174, $ 26, $ 14, First Merit (Police Vehicles) $ 52, $ 52, $ 52, $ 26, Key Bank Truck $ 54, $ 55, $ 55, US Bank (new) $ 59, $ 59, Service Dept Skids $ 50, Ambulance 2016 $ 55, SIB Loan 271 Entrance Ramp $ 50, $ 50, Rec Center Bldg Principal (205) $ 561, $ 581, $ 574, $ - Rec Center Bldg Interest (205) $ 52, $ 35, $ 17, $ - Total Annual Macedonia Debt $ 1,362, $ 1,420, $ 1,462, $ 605, $1,800, $1,600, $1,400, $1,200, $1,000, $800, $600, $400, $200, $- Total Annual Macedonia Debt $1,362, $1,420, $1,462, $605, Projected

9 Macedonia CAN AFFORD to pay for a regular road and storm water program Priorities need to be strictly established and followed No more placing redecorating and dugouts ahead of roads and storm water Recreation and Parks Need a regular capital flow to replace and enhance features Disciplined plan needed Do not need $21 million Macedonia can KEEP its tax rate at 2% like most of our neighboring cities and pay the services we need. Vote NO on Issues 18 and 19 NOV 8.

FINANCE DEPARTMENT Monthly Financial Report

CITY OF 31 San Jose CAPITAL OF SILICON VALLEY FINANCE DEPARTMENT Monthly Financial Report Financial Results for the Month Ended June 3, 218 Fiscal Year 217-218 ( UNAUDITED) Finance Department, City of