2017 F I SCAL YE AR BUDGE T PUBL I C HE ARI NG NOVE MBE - PowerPoint PPT Presentation

2017 F I SCAL YE AR BUDGE T PUBL I C HE ARI NG NOVE MBE R 9, 2016

Budg e t Purpo se Pr ovide Re sour c e s •E le c tio ns •Sno w Re mo va l to Me e t L e g a l, •L a w E nfo rc e me nt Ma nda te d & •F ire I nspe c tio ns Sta tutor y •Pro pe rty Asse ssme nt •Building I nspe c tio ns Oblig a tions •Re c re a tio n Pro g ra ms Ma tc hing Re sour c e s •E c o no mic De ve lo pme nt to Community •F ina nc ia l Pla nning Ne e ds & Goa ls •Urb a n F o re stry •Cro ssing Gua rds Polic y Doc ume nt •We b site , GI S, I T

Our Stra te g ic Pla n, 2015-2019 He a lthy E c onomy & 2017 De ve lopme nt Str ate gic Pr ior itie s in Budge t Qua lity E ffe c tive & Re por t Infr a str uc tur e & Ac c ounta ble Asse t Ma na g e me nt Gove r nme nt Gr e a t Re sponsive & Ne ig hbor hoods & Qua lity Public Sa fe ty Qua lity of L ife

Our Budg e t Pro c e ss  June -July: Dra fting & re vie w o f 2017-2021 Ca pita l I mpro ve me nt Pla n (CI P)  July-Se pt: Pro po se d o pe ra tio ns b udg e ts fro m de pa rtme nts & inte rna l re vie ws  Villa g e Bo a rd wo rk se ssio n (Oc to b e r 10)  Re vie w o f a ll pro po se d b udg e t a nd ke y c ha ng e s  F ina l re vie w a nd a utho riza tio n to pro c e e d to pub lic he a ring (Oc to b e r 12)

GF OA Budg e t Awa rd  Awa rde d Go ve rnme nt F ina nc e Offic e rs Asso c ia tio n (GF OA) Disting uishe d Budg e t Pre se nta tio n Awa rd  F o r 2016 Budg e t Re po rt

Unde rsta nding the T a x Bill State Tax 2015 T ax 0.9% Rate % Village Tax 15.5% $200,000 County Tax 24.1% Prope rty = $557 Tech College Tax 4.2% School Tax 55.2%

Our Villa g e K e y Sta tistic s & Hig hlig hts

Our Po pula tio n 15,337 15,050 15,047 14,965 14,835 14,760 14,697 14,570 14,650 14,624 Census 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Our Po pula tio n - Pro je c tio ns 20,780 20,150 19,140 17,840 16,480 15,337 2016 Estimate 2020 2025 2030 2035 2040

Sing le F a mily Ho me Pe rmits 42 38 33 31 30 27 21 21 20 16 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD

Our Asse sse d Va lue (T a x Ba se ) Budget Year Value % Change # Change 2012 $1,156,238,700 1.5% $16,705,300 2013 $1,162,002,200 0.5% $5,763,500 2014 $1,172,781,100 0.9% $10,778,900 2015 $1,186,229,576 1.1% $13,448,476 2016 $1,191,717,900 0.5% $5,488,324 2017 $1,204,071,700* 1.0% $12,353,800 NOT E : *F inal Value as Re por te d fr om WDOR. Slightly mor e than figur e in Pr opose d Budge t. Amo unts do no t inc lude ne w va lue s in T I D # 1. -Co stc o is Villa g e ’ s # 1 va lue d pro pe rty a t $15,511,500

Ne w Co nstruc tio n/ Ma jo r Alte ra tio ns Co mple te d in 2016  Be lle vue Co mmo ns Strip Ce nte r  Sta rb uc ks, Ce llc o m  Disc o unt T ire (Co stc o Wa y)  Buffa lo Wild Wing s Strip Ce nte r (Co stc o Wa y)  Gre e n Ba y Are a F a mily De nta l (De ve lo pme nt Drive )  Ma jo r Re mo de ls:  Pic k n’ Sa ve Re mo de l (L ime K iln Ro a d)  Wa l-Ma rt Re mo de l (Ma in Stre e t)  Burg e r K ing Re mo de l (Mo nro e Ro a d)  So la Sa lo n/ Anytime F itne ss Re mo de l (fo rme r Ro c ky Bo o ts b uilding )

Sub mitte d/ Appro ve d in 2016 (Pla nne d 2017)  K I E xpa nsio n  Do rsc h F o rd E xpa nsio n & T umb le we e d Re de ve lo pme nt  Ba yc a re Clinic (De ve lo pme nt Drive )  Po mp’ s T ire Wa re ho use E xpa nsio n (Ma in Stre e t)  Arb y’ s & Strip Ce nte r (Mo nro e Ro a d)  F o rme r Glo b e Unive rsity Building Re mo de l  Ne w T I D # 2  Autumn’ s Pro mise Assiste d L iving F a c ility (Onta rio Rd)  Willo w Cre e k Cro ssing Apa rtme nts (E a to n Ro a d)

Our 2017 Budg e t K e y Pro je c ts, Cha ng e s & Hig hlig hts

Our Budg e t F und Struc ture Internal Governmental Funds Enterprise Funds Service Funds Special Vehicle Other Revenue Storm Debt Capital Ops & Sanitary General Capital TID #1 & Fund Water Water Sanitation Service Projects Maint. Sewer Fund Fund Projects #2 Funds (Trees, Utility Mgmt. Fund Fund (VOM) Utility Fund Impact Utility Fund Fees)

Villa g e F und Ba la nc e 38.0% Unassigne d 37.0% 37.0% Ge ne r al 35.6% F und 36.0% Balanc e 35.0% 33.8% 34.0% 25% 33.0% minimum 31.6% 32.0% r e quir e d 31.0% 30.0% 29.0% 28.0% 2014 2015 2016 2017

Ge ne ra l F und Re ve nue s, 2017 Public Char ge s 4.6% F ine s, F or f & Misc Pe naltie s 6.5% 4.3% L ic e nse s & Pe r mits 7.6% Ge ne r al F und (T axe s) 55.8% Inte r gov 21.2%

Re ve nue s % Cha ng e 2016-2017 25.0% 21.7% 20.0% 15.0% 11.5% 10.0% 7.4% 4.4% 4.0% 5.0% 0.0% General Fund Intergovernmental Licenses & Permits Fines, Forf & Public Charges Misc -5.0% (Taxes) Penalties -10.0% -15.0% -20.0% -18.7% -25.0%

2017 Hig hlig hts (Re ve nue s)  T o ta l I nc re a se fo r a ll Re ve nue s o f 8.5%  $278,191 inc re a se in Ge ne ra l Pro pe rty T a xe s (13.6%), L e vie d a mo unt  F ine s, F o rfe iture s & Pe na ltie s  $48,000 Re ve nue de c re a se  I nte rg o ve rnme nta l Re ve nue s  $70,700 Re ve nue inc re a se ($64,600 inc re a se in GT A)  Misc e lla ne o us Re ve nue s  I nc lude s $63,000 fo r sa le o f F ire De pt. a ppa ra tus

Ge ne ra l F und E xpe nditure s, 2017 Othe r Community F inanc ial De ve lopme nt, Use s, 1.0% 4.3% Ge ne r al Gove r nme nt, Par ks, Re c & 13.5% F or e str y, 10.7% L aw Public Wor ks, E nfor c e me nt, 23.4% 24.6% F ir e & Re sc ue , 22.5%

E xpe nditure s % Cha ng e 2016-2017 25.0% 19.0% 20.0% 15.0% 10.0% 10.0% 4.8% 4.4% 4.2% 5.0% 0.0% General Law Enforcement Fire & Rescue Public Works Parks, Rec & Community Government Forestry Development -5.0% -2.6%

Villa g e Pe rso nne l Hig hlig hts  2016 F ire De pa rtme nt Cha ng e s I mple me nte d  Ne w o rg a niza tio na l struc ture imple me nte d  I mpro ve d ma na g e me nt te a m  Gre a te r re lia nc e o n pa rt-time e mplo ye e s  Ne w Ba tta lio n Chie f po sitio ns (3 F T ) fille d in Aug ust  Ne w F ire Chie f (F T ) hire d in Se pte mb e r  Co lle c tive Ba rg a ining Ag re e me nt (o n a g e nda )  F ire De pa rtme nt (no n-supe rviso ry) re pre se nte d b y I AF F 141 sinc e Aug ust 2014  2017 Budg e t inc lude s ne c e ssa ry imple me nta tio n c o sts

Villa g e Pe rso nne l Hig hlig hts  19.0% to ta l inc re a se fo r F ire De pa rtme nt  E mplo ye e he a lth insura nc e (3.3% de c re a se )  Po sitio n Cha ng e s:  No ne w full o r pa rt-time po sitio ns a dde d  Se a so na l wa g e inc re a se s inc lude d  Co ntinue d suppo rt fo r se ve ra l inte rn po sitio ns

2017 Hig hlig hts (E xpe nditure s)  2.6% De c re a se Ge ne ra l Go ve rnme nt  De c re a se s in le g a l a nd e le c tio n e xpe nse s, I T inc re a se s  4.4% I nc re a se L a w E nfo rc e me nt  Me e ting c o ntra c tua l o b lig a tio ns, se ve ra l c a pita l ite ms (sq ua d, in-ve hic le c a me ra s)  4.2-4.8% I nc re a se s in Pub lic Wo rks & Pa rks, Re c re a tio n & F o re stry  Prima ry fo c us o n ma inte na nc e o f e xisting fa c ilitie s  F ully funding c ha rg e s fro m o ur VOM F und  No ne w sig nific a nt pro g ra m, sta ff o r fa c ility c ha ng e s

2017 Hig hlig hts (E xpe nditure s)  10.0% I nc re a se in Co mmunity De ve lo pme nt  Co de ma na g e me nt, inte rn  Othe r F ina nc ia l Use s  $50,000 c o ntrib utio n to I T F und  Suppo rts ma jo r so ftwa re / I T initia tive s  Cre a tio n o f Ca pita l Pro je c ts L e vy (ne w 2017)  $123,335  F o r dire c tly funding c a pita l pro je c ts o r re duc ing to ta l de b t issua nc e fo r pro je c ts

Histo ric a l & Pre se nte d T a x Ra te $3.00 $0.10 2017 = $2.78 pe r $2.50 $0.75 $1,000 o f $1.06 $1.07 $1.07 $1.08 Asse sse d $2.00 Va lue $1.50 $1.00 $1.93 $1.73 $1.72 $1.70 $1.71 $0.50 $0.00 2013 Budget 2014 Budget 2015 Budget 2016 Budget 2017 Budget GF Tax Rate Debt Tax Rate Capital Tax Rate

2017 Pro po se d L e vy* 2017 Proposed $ Change 2016- % Change 2016- 2016 Budget Budget 2017 2017 GF Levy $2,038,501 $2,316,692 $278,191 13.6% Debt Levy $1,280,060 $898,288 ($381,772) -29.8% Capital Project Levy $0 $123,335 $123,335 Total Levy $3,318,561 $3,338,315 $19,754 0.6% Assessed Value $1,191,632,900 $1,204,071,700* $12,438,800 1.0% $1.92 GF Tax Rate $1.71 $0.21 12.5% $0.75 Debt Tax Rate $1.07 ($0.33) -30.5% Capital Project Rate $0.00 $0.10 $0.10 Total Tax Rate $2.78 $2.77 ($0.01) -0.4% $200K Home $556.98 $554.50 ($2.47) -0.4% *Using upda te d F ina l Asse sse d Va lue .

Our Utilitie s, De b t & Ca pita l Pro je c ts K e y Cha ng e s & Hig hlig hts

Sa nita ry Se we r Utility  Villa g e Budg e t inc lude s a 7% ra te inc re a se  NE W Wa te r’ s ra te s to the Villa g e c o ntinuing to inc re a se  Villa g e ra te inc re a se will b e c o nside re d a t a future Bo a rd me e ting