2018 F I SCAL YE AR BUDGE T PUBL I C HE ARI NG NOVE MBE - - PowerPoint PPT Presentation
2018 F I SCAL YE AR BUDGE T PUBL I C HE ARI NG NOVE MBE R 8, 2017 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
le c tio ns
a w E nfo rc e me nt
ire I nspe c tio ns
nspe c tio ns
Pr
c e s to Me e t L e g a l, Ma nda te d & Sta tutor y Oblig a tions
c o no mic De ve lo pme nt
ina nc ia l Pla nning
S, I T
Ma tc hing Re sour c e s to Community Ne e ds & Goa ls Polic y Doc ume nt
He a lthy E c onomy & De ve lopme nt E ffe c tive & Ac c ounta ble Gove r nme nt Re sponsive & Qua lity Public Sa fe ty Gr e a t Ne ig hbor hoods & Qua lity of L ife Qua lity Infr a str uc tur e & Asse t Ma na g e me nt
2018 Str ate gic Pr ior itie s in Budge t Re por t
June -e a rly Aug ust: Dra fting & re vie w o f
July-Se pt: Pro po se d o pe ra tio ns b udg e ts
Villa g e Bo a rd wo rk se ssio n (Oc to b e r 2) Re vie w o f 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 11)
Awa rde d Go ve rnme nt
F
2016 T ax Rate % (2017 Budge t) $200,000 Prope rty = $555
Village Tax 15.1% School Tax 55.1% Tech College Tax 4.6% County Tax 24.3% State Tax 0.9%
Munic ipality 2016 T ax Rate s (2017 Budge t Ye ar ) Village of Be lle vue $2.77
T
a wre nc e $2.83 T
e dg e vie w $3.39 Villa g e o f Ho wa rd $3.73 Villa g e o f Ho b a rt $4.42 Villa g e o f Sua mic o $4.48 Villa g e o f Ashwa ub e no n $6.12 City o f De Pe re $6.74 Villa g e o f Wrig htsto wn $7.00 Villa g e o f Allo ue z $7.22 City o f Gre e n Ba y $8.85
$2.73 $2.78 $2.78 $2.78 $2.78 $2.77 $2.88
2012 Budget 2013 Budget 2014 Budget 2015 Budget 2016 Budget 2017 Budget 2018 Budget
Village Tax Rate History
14,965 15,050 14,570 Census 14,624 14,650 14,697 14,760 15,047 15,337 15,365
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
15,365 16,480 17,840 19,140 20,150 20,780
2017 2020 2025 2030 2035 2040
21 33 38 16 30 31 21 20 30 36
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 YTD
NOT E : *F inal Value as Re por te d fr
than figur e in Pr
Amo unts do no t inc lude inc re a se d va lue s in T I D # 1 o r T I D # 2.
Budget Year Value % Change # Change 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 2018 $1,217,697,600* 1.1% $13,625,900
Po mp’ s T
K
Ba yc a re Clinic (De ve lo pme nt Drive ) Arb y’ s Re sta ura nt Mo nro e Ro a d Strip Ce nte r Mr. Bre ws T
a pho use , Phin Sushi
Glo b e Unive rsity b uilding fo r Big Ox E
Viking E
Ce da r Offic e Building (c o rne r Allo ue z Ave ./ Be lle vue St.) Do rsc h F
xpa nsio n
Be lle vue St. Sto ra g e Building s a nd Offic e E
xpa nsio ns:
Ae g is Offic e Building E
xpa nsio n (Allo ue z Ave .)
Ca rnivo re Me a ts E
xpa nsio n
Huro n Gro ve Sub divisio n 36 Sing le F
a mily L
T
I D # 1
F
urthe r c o mme rc ia l de ve lo pme nt a nd a sso c ia te d infra struc ture
T
I D # 2
No tting ha m Pla c e L
uxury Apa rtme nts (64 units)
So me rse t F
ie lds Sub divisio n (42 sing le fa mily lo ts)
Governmental Funds
General Fund
Sanitation Fund
Debt Service Fund Capital Projects Fund Other Capital Projects Fund TID #1 & #2 Funds Special Revenue Fund (Trees, Impact Fees)
Internal Service Funds
Vehicle Ops & Maint. (VOM) Fund
Enterprise Funds
Water Utility Sanitary Sewer Utility Storm Water Mgmt. Utility
Unassigne d Ge ne r al F und Balanc e at Ye ar
nd 25% minimum r e quir e d pe r Polic y
35.6% 35.9% 33.7% 34.7% 31.8%
2014 Actual 2015 Actual 2016 Actual 2017 Estimate 2018 Budget
Ge ne r al F und (T axe s), 55.8% Inte r gove r nme ntal, 23.2% L ic e nse s & Pe r mits, 7.2% F ine s, F
f & Pe naltie s, 3.7% Public Char ge s, 4.7% Misc , 5.3%
7.3% 17.5% 1.8%
8.1%
0.0% 5.0% 10.0% 15.0% 20.0%
General Fund (Taxes) Intergovernmental Licenses & Permits Fines, Forf & Penalties Public Charges Misc
T
$178,223 inc re a se in Ge ne ra l Pro pe rty T
a xe s
I
$70,879 Re ve nue inc re a se in GT
A
Sig nific a nt tra nsit re ve nue s inc re a se s, o ff-se t b y
e xpe nse s
Re ve nue De c re a se s F
ine s, F
Misc e lla ne o us (-11.8%)
Ge ne r al Gove r nme nt, 12.4% L aw E nfor c e me nt, 26.0% F ir e & Re sc ue , 22.2% Public Wor ks, 24.1% Par ks, Re c & F
e str y, 10.6% Community De ve lopme nt 4.2% Othe r F inanc ial Use s, 0.4%
13.0% 4.7% 10.3% 6.5% 4.4%
0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0%
General Government Law Enforcement Fire & Rescue Public Works Parks, Rec & Forestry Community Development
Se ve ra l ne w e mplo ye e hire s a nd
Prima rily in Pub lic Wo rks, F
ire & Re sc ue
E
13.1% inc re a se a fte r de duc tib le inc 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
-1.4% De c re a se Ge ne ra l Go ve rnme nt
De c re a se s in Munic ipa l Co urt & L
e g a l; E le c tio n & limite d I T inc re a se s
6.5% I
No ta b le inc re a se to Villa g e ’ s fo re stry pro g ra m to
c o mb a t E AB
13.0% I
Me e ting e xisting c o ntra c tua l o b lig a tio ns Additio na l full-time pa tro l o ffic e r a nd suppo rting
e q uipme nt/ supplie s ($142,000)
10.3% I
De c re a se s in VOM c o ntrib utio ns a nd ro a d
ma inte na nc e
F
unding ne c e ssa ry sta ffing a djustme nts ma de in 2017
Sig nific a nt inc re a se in Gre e n Ba y Me tro T
ra nsit e xpe nse s with imple me nta tio n o f ne w e a st-side hub a nd e xpa nsio ns in Villa g e (a ppro x. $50,000)
2018 =
$2.88 pe r
$1,000 o f Asse sse d Va lue
$1.70 $1.72 $1.71 $1.92 $2.05 $1.08 $1.07 $1.07 $0.75 $0.83 $0.10
$0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50
2014 Budget 2015 Budget 2016 Budget 2017 Budget 2018 Budget
GF Tax Rate Debt Tax Rate Capital Tax Rate
De b t Ca pa c ity Ma y No t to E
xc e e d 5% o f E q ua lize d Va lue
Villa g e a t 34.9% o f Ava ila b le L
imit
2013 Budget 2014 Budget 2015 Budget 2016 Budget 2017 Budget 2018 Budget Debt Levy $1,229,259 $1,272,334 $1,265,227 $1,280,060 $898,288 $1,015,041
$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000
De b t o b lig a tio ns inc re a se d $116,750 Afte r a pplying $123,335 o f Ca pita l Pro je c ts L
e vy
Afte r a pplying $46,455 o f re ma ining Sta dium Sa le s
T a x
Ne xt de b t issua nc e pla nne d fo r 2019
*Using upda te d F ina l Asse sse d Va lue .
2017 Budget 2018 Budget $ Change 2017- 2018 % Change 2017- 2018 GF Levy $2,316,692 $2,494,915 $178,223 7.7% Capital Project Levy $123,335 $0 ($123,335)
Debt Levy $898,288 $1,015,041 $116,753 13.0% Total Levy $3,338,315 $3,509,956 $171,641 5.1% Assessed Value $1,204,071,700 $1,217,697,600 $13,625,900 1.1% GF Tax Rate $1.92 $2.05 $0.12 6.5% Capital Tax Rate $0.10 $0.00 ($0.10)
Debt Tax Rate $0.75 $0.83 $0.09 11.7% Total Tax Rate $2.77 $2.88 $0.11 4.0% $200K Home $554.50 $576.49 $21.99 4.0%
Building s & Gro unds
ire Sta tio n # 2, a ppa ra tus b a y he a ting re pa irs (in
I
Pa rks, Re c re a tio n & F
mpa c t F e e funde d pro je c ts:
Pub lic Sa fe ty
urno ut g e a r re pla c e me nts
Pub lic Wo rks
ng ine e ring & De sig n pro je c ts:
c o nstruc tio n)
c o nstruc tio n)
T
infra struc ture pro je c ts within b o th T I Ds
Utilitie s (wa te r, se we r, sto rm)
ime K iln-Ste rling Ct.)
e xte nsio n
ng ine e ring & De sig n pro je c ts:
Ve hic le Ope ra tio ns & Ma inte na nc e (VOM)
F
Six se ssio ns Gra dua tio n
F
Sig n up On-line
Mo tio n to a ppro ve Re so lutio n V-26-17
OR with c ha ng e s to inc lude …. T
F uture Que stio ns: Ang e la Go ra ll, Villa g e Administra to r a g o ra ll@ villa g e o fb e lle vue .o rg 468-5225