2019-2020 Proposed Budget Amy Traversa, First Selectman Evelyn - - PowerPoint PPT Presentation

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2019 2020 proposed budget
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2019-2020 Proposed Budget Amy Traversa, First Selectman Evelyn - - PowerPoint PPT Presentation

Dec 26, 2023 137 likes •518 views

Town of Marlborough Board of Selectmen 2019-2020 Proposed Budget Amy Traversa, First Selectman Evelyn Godbout, Selectman Clifford Denniss, Selectman March 5, 2019 Marlborough Board of Selectmen Town of Marlborough Important Note This

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Amy Traversa, First Selectman Evelyn Godbout, Selectman Clifford Denniss, Selectman March 5, 2019

Board of Selectmen 2019-2020 Proposed Budget

Town of Marlborough

Marlborough Board of Selectmen

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Town of Marlborough

Marlborough Board of Selectmen

This presentation of the 2019-2020 Town Operations and Town Capital Budget includes our best projections of expenditures for the upcoming fiscal year. In developing this budget, we have continued to take a conservative, but realistic approach about funding changes that may be imposed by the

  • State. Any revenues we may anticipate receiving from the State are

projections based on the latest information received from official sources, and are subject to be modified or cut entirely by the Legislature or Governor at any time prior to - or during - the fiscal year.

Important Note

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  • New Governor, New Agenda
  • Year One of the Biannual State Budget
  • Long Legislative Session – Budget Vote 1st week June
  • State Employee Pension Crisis
  • State Teacher’s Retirement Fund – 25% to Towns?

Budget Environment Global View Town of Marlborough

Marlborough Board of Selectmen

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Town of Marlborough

Marlborough Board of Selectmen

Revenue Sources

  • State Grants
  • Undesignated Fund Balance
  • Local Taxes
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Grant FY 2017 FY 2018 FY 2019 Projected FY 2020 Proposed ECS $3,153,957 $2,736,404 $ 2,989,091 $2,920,246 Teacher’s Retirement Contribution (New)

  • $47,411

Pequot Mohegan $18,541 $18,541 $603 $1,807 PILOT: State Property $14,788 $14,788 Municipal Projects $7,313 $7,313 $7,313 $7,313 MRSF Revenue Share $131,065 Muni Stabilization $17,011 $48,977 $48,977 Town Aid Road* $212,271 $212,135 $212,342 $212,342 LoCIP* $93,711 $59,634 $51,116

Total $3,523,147 $3,085,343 $3,333,952 $3,209,178

State Grants 2017 to 2020 Town of Marlborough

Marlborough Board of Selectmen

*TAR and LoCIP are not included in the general fund – used to offset capital projects

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Town of Marlborough

Marlborough Board of Selectmen

Unassigned Fund Balance

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Town of Marlborough

Marlborough Board of Selectmen

2016-2017 Audited* Performance

  • Revenues (incl. Property Taxes) exceeded budget by

$351,975

  • Investment Income higher than budgeted

$ 16,064

  • Local Non-property tax revenues higher

$ 68,683

  • Transfer in from other funds

$ 32,244

  • Reductions from State were lower than anticipated

($149,746)

  • Unused Fund Balance

($148,523)

Total Expenditures $492,937 less than budgeted

*Source: Bloom & Shapiro Audited Financial Statements (p.8) June 30,2017

Total Revenues $170,697 higher than budgeted

$663,634 Returned to Unassigned Fund Balance

  • Mainly attributed to Public Safety, General Gov’t, DPW

$409,437

  • Unused Contingency

$ 83,500

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Town of Marlborough

Marlborough Board of Selectmen

2017-2018 Audited* Performance

  • Revenues (incl. Property Taxes) exceeded budget by

$204,531

  • Investment Income higher than budgeted

$ 28,942

  • Local Non-property tax revenues higher than anticipated

$ 38,522

  • Transfers in from other funds (sewer) higher

$ 46,178

  • Reductions from State were lower than projected

($ 82,108)

  • Unused Fund Balance

($225,808)

Total Expenditures $614,391 less than budgeted

*Source: Bloom & Shapiro Audited Financial Statements (p.8) June 30, 2018

Total Revenues $110,257 higher than budgeted

$ 724,648 Returned to Unassigned Fund Balance

  • Unfilled Positions, General Government, Public Works

$ 512,754

  • Unused Contingency

$ 47,000

  • Bonding on Phase III Sewer Debt Delayed

$ 54,637

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Town of Marlborough

Marlborough Board of Selectmen

2 Year Total Returned to Unassigned Fund Balance

$1,388,282

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Town of Marlborough

Marlborough Board of Selectmen

Approved Budget Actual Expenditures Unassigned Fund Balance % of Unassigned Fund Balance over Approved Budget FY 09/10 20,839,035 20,325,787 1,870,321 8.98% FY 10/11 20,887,337 20,786,375 1,865,554 8.93% FY 11/12 21,164,961 20,905,162 2,207,304 10.43% FY 12/13 21,596,299 21,272,792 2,563,622 11.87% FY 13/14 21,961,732 21,845,268 2,311,786 10.53% FY 14/15 22,765,875 22,654,814 1,928,803 8.47% FY 15/16 23,318,174 23,077,412 2,014,034 8.64% FY 16/17 23,737,067 23,244,130 2,671,444 11.25% FY 17/18 24,109,681 23,495,290 3,476,500 14.42%

Unassigned Fund Balance - Fiscal Year Comparison

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Town of Marlborough

Marlborough Board of Selectmen

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00% 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 FY 09/10 FY 10/11 FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 Approved Budget Actual Expenditures Unassigned Fund Balance % of Unassigned Fund Balance over Approved Budget

Unassigned Fund Balance Fiscal Year Comparison

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Town of Marlborough

Marlborough Board of Selectmen

Grand List

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Net Grand List 2018

Town of Marlborough

Marlborough Board of Selectmen

2016 2017 2018 2017 to 2018 Change Growth Real Estate $515,573,520 $516,880,840 $522,070,770 $5,189,933 1.00% Personal Property $11,727,850 $11,555,470 $11,708,740 $153,270 1.33% Motor Vehicle $53,638,220 $52,974,730 $53,882,700 $907,970 1.71% Total $580,939,590 $581,411,040 $587,662,210 $6,251,170 1.07%

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Town of Marlborough

Marlborough Board of Selectmen

Debt

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Town of Marlborough

Marlborough Board of Selectmen

Year Outstanding Debt

Actual/Projected

Debt Service Payment

(Principal & Interest Only)

2015-2016 $21,274,127 $2,515,013 2016-2017 $18,759,114 $2,235,329 2017-2018 $16,523,785 $2,103,088 2018-2019 $14,420,698 $1,989,874 2019-2020 $12,430,824 $1,877,492 2020-2021 $10,553,337 $1,599,775 2021-2022 $8,953,562 $1,503,803 2022-2023 $7,449,759 $1,281,078 2023-2024 $6,168,681 $733,240 2024-2025 $5,435,441 $733,240

Scheduled Debt Service on Existing Debt

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Town of Marlborough

Marlborough Board of Selectmen

200000 400000 600000 800000 1000000 1200000 1400000 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021

Allocation of Debt Service

TOWN LOCAL BOE SEWER Linear (TOWN) Linear (LOCAL BOE) Linear (SEWER)

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Town of Marlborough

Marlborough Board of Selectmen

2019 – 2020 Town Operations Budget

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Town Operations $5,041,926

Town of Marlborough

Marlborough Board of Selectmen

General Government $2,158,673 Parks & Rec $88,413 Public Safety $621,093 Health & Welfare $203,868 Public Works $1,627,711 Library $342,168

32% 12% 7% 4% 2% 43%

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Negotiated increases for all salaries – 1.75% General Inflation Benefits & Services Positions - F/T Highway & Fleet Supervisor

  • P/T Social Service Coordinator

Increase for Legal Increase for Tree Removal Increase for Transfer Station Operations/Fees (MIRA) Health Insurance – Est. 10% Increase

Changes To Operations Budgets: 2019-2020 Town of Marlborough

Marlborough Board of Selectmen

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Town of Marlborough

Marlborough Board of Selectmen

Update on Capital Improvements 2018-2019

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2019 Capital Improvements

Town of Marlborough

Marlborough Board of Selectmen

Road / Bridge Construction  Finley Hill Culvert - Complete  North Main Street Culverts - Complete  South Main Phase I - Complete Facilities Upgrades  Library Parking Lot  Food Bank Roof  Lighting DPW Metal Bldg  Transfer Station Guard Rail Vehicles & Equipment  Replaced 2001 Dump Truck  Replaced SCAG Mower Reserves  PW Equip Replace/Fund  Capital Reserve  Fire Dept Reserve  Replace 2007 Police Car Administrative  Revaluation  Plan of Development Road Improvements  Finley Hill Road – Ground & Paved  South Road to Flood – Ground & Paved  Chip Sealed Johnson, Standish, Walnut, Millstone

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Town of Marlborough

Marlborough Board of Selectmen

Finley Hill Box Culvert Reconstruction – COMPLETE!

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Town of Marlborough

Marlborough Board of Selectmen

Reconstruct 2 culverts and the bridge decks above on North Main Street

North Main Street Culvert Reconstruction – COMPLETE!

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Town of Marlborough

Marlborough Board of Selectmen

South Main Street Culvert Reconstruction – COMPLETE!

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Town of Marlborough

Marlborough Board of Selectmen

2001 Dump Truck Replacement

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Town of Marlborough

Marlborough Board of Selectmen

2005 Skag Mower Replacement - $13,486

2005 2018

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Town of Marlborough

Marlborough Board of Selectmen

Library Parking Lot Restoration– COMPLETE!

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Town of Marlborough

Marlborough Board of Selectmen

Austin Drive Transfer Station Guard Rails Food Bank Roof Lights at DPW Metal Building

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Town of Marlborough

Marlborough Board of Selectmen

Planned Capital Improvements 2019-2020

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2019 – 2020 Capital Expenditure $1,147,489

Town of Marlborough

Marlborough Board of Selectmen

Road/Bridge Construction - $701,513

  • Fawn Brook Bridge

$100,470

  • Jones Hollow Bridge

$196,043

  • Drill Additional Well

$ 50,000

  • Williamsburg – Drainage

$230,000

  • North Parker Road*

$125,000*

*Funds needed over 2 years

Facilities Upgrades - $57,000

  • Town Hall Phone System

$20,000

  • Blish - ADA Compliance

$37,000 Vehicles & Equipment - $113,976

  • F-450 Mason Dump

$ 61,676

  • MVFD Thermal Cameras

$ 9,300

  • MVFD Radio Upgrade

$ 43,000 Reserves - $215,000

  • DPW Equip Fund

$ 75,000

  • Gen’l Gov. Cap Reserve

$ 75,000

  • Fire Dept Reserve

$ 50,000

  • 2007 Police Car Fund $ 15,000

Administrative - $15,000

  • 2020 Revaluation

$15,000 Road Improvements - $45,000

  • S. Main Rehab – LOTCIP

$45,000 Other Funding Sources - $554,210

  • S. Main Culverts

$ 398,900

  • Town Center Sidewalks

$ 29,600

  • Finley Hill

$ 89,180

  • Toro Mower

$ 36,530

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Town of Marlborough

Marlborough Board of Selectmen

Reconstruct Williamsburg Road Drainage System

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Town of Marlborough

Marlborough Board of Selectmen

2008 Mason Dump Truck Replacement

F450 Mason Dump – Front Line Essential Equipment

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Town of Marlborough

Marlborough Board of Selectmen

2005 Toro Mower Replacement - $73,052

11’ Cutting Path – Primary Mower for Fields

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Town of Marlborough

Marlborough Board of Selectmen

Jones Hollow Bridge Replacement

80% - 20% Federal/Local Bridge Program $2.085 Million Total Construction Cost Design & Engr. - Jacobson & Assoc. Construction: Spring to Fall 2020 (estimated)

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Town of Marlborough

Marlborough Board of Selectmen

Fawn Brook Bridge Replacement

80% - 20% Federal/Local Bridge Program $2.585 Million -Total Construction Cost Design & Engineering: GM2 Construction: Spring to Fall 2020 (estimated)

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2019-2020 Proposed Town Budget Town of Marlborough

Marlborough Board of Selectmen

Town Operations: $5,041,926 Capital Improvements: $1,147,489 Total Budget: $6,189,415 Total Increase: $ 362,949

6.23%

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  • Evaluating All Revenues & Fees
  • Evaluating Transfer Station Operations/Fees
  • Regionalizing / Sharing
  • Maximizing CCM/COST/CRCOG Member Benefits
  • Health Insurance Consortium - Self Insured
  • Risk Management Improvements(CIRMA)

Continued Efforts to Control Spending Town of Marlborough

Marlborough Board of Selectmen