Budget Process Timing Process Early July Requests are sent to - - PowerPoint PPT Presentation

TOWN OF HAMBURG

2019 Proposed Budget Public Hearing

October 29, 2018

Budget Process

Timing Process

Early July Requests are sent to each department head Early August Departmental requests due to Supervisor and are then reviewed and evaluated Mid-September Meetings are held with each department

• Aug. to mid-

Sept. Payrolls, benefits, debt service, estimate revenues are all computed Mid-Sept Complete budgets for each fund, determine tax rate implications and make adjustments September 30 Provide Tentative Ad Valorem Budget to Council, Town Clerk, and public for review October 29 Hold public hearing, consider comments and make adjustments Before Nov. 20 Adopt budget and submit to County (by 11/20)

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Funds within the Budget

 General Fund  Town Outside Village Fund  Special Districts

 Sewer Districts  Water Districts  Fire Protection Districts  Street Lighting District  Hydrant District

 Highway Fund  Insurance Reserve Fund  Enterprise Funds

 Golf Course  Ice Arena  Town Park  Woodlawn Beach

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Budgetary Components

• Estimated revenues
• Appropriations
• Appropriated fund balance
• Tax levy

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Budget Challenges

Revenues:

• NYS VLT allotment below committed level
• State aid sources
• Low interest rates continue
• Limited departmental revenue opportunities

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Budget Challenges

§ 54-L of State Finance Law: Local governments to receive 3.5% of the Net Win, of which the Town of Hamburg would receive 75% and the County 25% Estimated based on formula 2,150,000 $ Estimated 2019 VLT 865,679 Annual revenue lost 1,284,321 $

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General Fund

Sources of Revenue

VLT Revenue 5% Federal & State Aid 8% Interest & Other 1% Real Property Tax Items 67% Departmental Charges & Fees 8% Fines & Forfeitures 4% Interfund Revenues 4% Appropriated Fund Balance 3%

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Budget Challenges

Appropriations:

• Continued high costs of health insurance
• Capital reinvestment in the Highway Fund
• Retirement system costs have stabilized at high levels
• Salaries and personnel costs
• Mandated pay-outs for retiring employees

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Health Insurance

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$3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 $5,500,000 $6,000,000 $6,500,000 $7,000,000 2013 2014 2015 2016 2017 2018^ 2019^

^ Budgeted.

Mandated payments to the retirement systems have increased significantly since 2010.

Police & Employees Fire Total 2010 968,268 920,000 1,888,268 2019 (budget) 1,313,000 1,500,000 2,813,000 System

Retirement Systems

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Retirement Rates

0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

ERS PFRS

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General Government Support 10% Public Safety 28% Transportation 12% Economic Assistance & Opportunity 2% Culture & Recreation 9% Home & Community Services 2% Employee Benefits 29% Transfers 7% Debt Service 1%

All Operating Funds

Allocation of Appropriations

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40.8 39.6 40.4 42.2 42.6 43.4 44.6 45.9 47.5 48.0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Appropriation History

All Funds ($ millions)

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Budget Factors

Appropriated Fund Balance/Reserves:

• General Fund: $560,000
• Town Outside Village Fund: $1,500,000
• Highway Fund:

$0

Taxable Assessed Valuation:

2018 2019 Change Town Outside Village 1,804,899,953 $ 1,824,257,825 $ 19,357,872 $ Village of Hamburg 325,633,748 329,315,241 3,681,493 Village of Blasdell 66,378,546 66,813,844 435,298 Total 2,196,912,247 $ 2,220,386,910 $ 23,474,663 $

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Summary of Proposed Tax Changes

Tax Rate Summary for 2019 (Proposed): General Fund 5.0442 $ 5.0442 $ Town Outside Village Fund 2.4088

• Highway - DA (Bridges)

0.0450 0.0450 Highway - DB 3.3207

• Rate (per $1,000 of assessed valuation)

10.8187 $ 5.0892 $ Actual tax rates - 2018 10.8621 $ 5.0928 $ Dollar Change (0.0433) $ (0.0035) $ Town-Outside Village Residents Village Residents

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Tax Impact

• 2019 proposed rate change from 2018:
• $0.04 for residents outside the villages
• $0.00 for village residents
• 2019 proposed rate increase from 2010:
• $1.83 for residents outside the villages
• $1.05 for village residents
• Average increase over the past ten years:
• 1.74% for residents outside the villages
• 2.21% for village residents

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Tax Composition

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• CAPITAL CHARGES

23.35 172.58 217.79 6.86

397.23

22.27 400.78 238.23

661.28

• 1081.86
• TOWN OF HAMBURG

TOWN RESIDENT $100,000 ASSESSED VALUE

MANDATORY SERVICES NONMANDATORY SERVICES

**** BALANCE **** TOTAL DUE **** BALANCE ****

GOVERNMENT SERVICES PUBLIC SAFETY COMMUNITY SVCS/REC GOVERNMENT SERVICES PUBLIC SAFETY COMMUNITY SVCS/REC

Tax Composition

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• CAPITAL CHARGES

13.19 141.01 59.81 1.27

202.09

20.18 48.41 225.06

293.65

• 508.93
• TOTAL DUE

**** BALANCE ****

GOVERNMENT SERVICES PUBLIC SAFETY COMMUNITY SVCS/REC GOVERNMENT SERVICES PUBLIC SAFETY COMMUNITY SVCS/REC

TOWN OF HAMBURG VILLAGE RESIDENT $100,000 ASSESSED VALUE

MANDATORY SERVICES NONMANDATORY SERVICES

**** BALANCE ****

$895 $907 $959 $1,015 $965 $982 $1,013 $1,039 $1,069 $1,047 $853 $864 $895 $913 $929 $950 $948 $958 $974 $958 $2,783 $2,940 $3,215 $3,403 $3,486 $3,681 $3,744 $3,567 $3,480 $3,567

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 School County Town

Composition of Tax Bill ($) ^

Tax Payer within Town of Hamburg and Hamburg School District (last ten years)

18 ^ Based on a home with 2010 fair market value of $163,000 adjusted for inflation to 2018 fair market value of $194,000 ($100,000 assessed value)

$402 $408 $433 $458 $436 $450 $472 $484 $501 $493 $853 $865 $895 $913 $929 $950 $948 $958 $974 $958 $1,740 $1,802 $1,933 $2,022 $2,004 $2,053 $2,017 $2,005 $2,027 $2,030 $2,783 $2,940 $3,215 $3,403 $3,486 $3,681 $3,744 $3,567 $3,480 $3,567

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 School Village County Town

Composition of Tax Bill ($) ^

Tax Payer within Village of Hamburg and Hamburg School District (last ten years)

19 ^ Based on a home with 2010 fair market value of $163,000 adjusted for inflation to 2019 fair market value of $194,000 ($100,000 assessed value)

0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00 45.00 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Hamburg Schools Frontier Schools Village of Hamburg Village of Blasdell Town County Town Outside Village

Tax Rate Comparison Ten Year History

($, per 1,000 of assessed valuation)

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Tax Entity Rate County of Erie 9.90 $ Town of Hamburg 10.86 Hamburg Central School District 35.37 Total 56.13 $ Assumes that the taxpayer lives in the Town (outside villages) and in the Hamburg Central School District. County of Erie 18% Town of Hamburg 19% Hamburg CSD 63%

Percent of Taxes Paid

2018 Rates

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Tax Entity Rate County of Erie 9.90 $ Town of Hamburg 5.09 Village of Hamburg 20.60 Hamburg Central School District 35.37 Total 70.96 $ Assumes that the taxpayer lives in the Village of Hamburg and in the Hamburg Central School District. County of Erie 14% Town of Hamburg 7% Hamburg CSD 50% Village of Hamburg 29%

Percent of Taxes Paid

2018 Rates

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Tax Entity Rate County of Erie 9.90 $ Town of Hamburg 10.86 Frontier Central School District 27.48 Total 48.24 $ Assumes that the taxpayer lives in the Town (outside villages) and in the Frontier Central School District. County of Erie 21% Town of Hamburg 22% Frontier CSD 57%

Percent of Taxes Paid

2018 Rates

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Tax Entity Rate County of Erie 9.90 $ Town of Hamburg 5.09 Village of Blasdell 20.03 Frontier Central School District 27.48 Total 62.50 $ Assumes that the taxpayer lives in the Village of Blasdell and in the Frontier Central School District. County of Erie 16% Town of Hamburg 8% Frontier CSD 44% Village of Blasdell 32%

Percent of Taxes Paid

2018 Rates

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We look forward to your comments and suggestions to further improve the budget.

Hamburg

2019 Budget Public Hearing

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