City of Grand Junction 2019 Budget Presentation and Public Hearing - - PowerPoint PPT Presentation

City of Grand Junction

2019 Budget Presentation and Public Hearing

City Council Meeting December 5, 2018 Presented by Greg Caton, City Manger

Importance of Budget

Four main purposes of a budget:

• 1. As a policy document, the budget indicates what services the City will provide

during the next year and spells out the level of services and reasons for their provision;

• 2. As an operations guide, the budget indicates how departments and funds are
• rganized to provide services to the community;
• 3. As a financial plan, it summarizes the cost to the taxpayers for current and

approved service levels and how they will be funded;

• 4. As a communications tool, the budget is designed to be user-friendly with

summary information in text, charts, tables and graphs.

Budget Process Timeline

August Detail line-item budget review with Departments September Budget Balancing November Public Presentation and Comment December Public Hearing and Adoption of Final Budget October City Manager Recommended Budget Delivered to City Council at Budget Workshop October November Additional Council Budget Workshops as necessary May Update financial forecast, review economic indicators, revenue estimates June Review financial forecast and set budget parameters with Department Directors July Update 10-year capital plan, Department budgets due July Citizen Budget Conversation 8-Month Process 13 Departments, over 30 employees and 3,000 hours Six Public Meetings

Strategic Plan

• Budget is Developed According to the Strategic Plan
• Guiding Principles
• Partnership & Intergovernmental Relationships
• Fiscal Responsibility
• Strategic Directives
• Public Safety
• Planning & Infrastructure
• Diversification of Economic Base
• Communication, Outreach & Engagement

2019 Recommended Budget $178.5 Million

Fiscal Responsibility

• Prioritize spending
• Maintain a 10-year major capital projects plan (5 year balanced)
• Maintain general fund 5-year financial forecast
• Since 2017, 35 new positions to public safety and first responders
• Since 2017, $18 million dedicated to maintenance and improvement of existing

street infrastructure

• Revenue projections based on economic indicators
• Positive job growth, low unemployment, growing population
• Sales tax revenues growing; 3% projected increase in 2019
• Fees, rates, and charges based on community benefit, cost recovery, market

comparison, rate studies and long-term financial plans

Fiscal Responsibility

• Detail Line Item review of department budgets
• General Fund projected 2019 ending fund balance $26.9 million which is $8.7

million above or a 48% increase from the fund balance projected in adopted 2018 budget.

• Transparency
• Budget begins with public input meeting in July
• Budget development documents available on-line, Council Workshops open to

public

• Budget Book published in January, includes detail employee and budget

information by Department and operating division

• Comprehensive Annual Report compiled and independent audit completed

Voter Authorized Lodging Tax

• Budget increased from November 7th for voter authorized 3% lodging

tax

• New Fund Established to Account for Revenues and Spending
• Estimated Revenues for 2019 $1.57 Million
• Visit Grand Junction $653,186 to be more competitive in the travel and

tourism market by increasing advertising volume & digital marketing investment, and to monitor Grand Junction brand reputation.

• Grand Junction Air Alliance $522,548. Funds available for incentive programs

to airlines for direct flights to strategic markets.

• Greater Grand Junction Sports Commission $391,912 to support marketing

efforts and the development of additional special events.

2019 Recommended Budget Highlights

• Full Service Organization with over 35 Distinct Types of Operations Including:
• Emergency Medical Services, Wildland Fire Fighting, 911 Dispatch, Police Patrol,

Investigations, Bomb Squad, SWAT

• Parks, Pools, Trails, Sports Facilities, Recreation Programs
• Streets, Engineering, Construction, Trash Service
• Water Service, Sewer Service, Golf, Conference Center
• Destination Marketing, Legal, Accounting, Human Resource Management
• 2019 Recommended Budget is $12.6 million or 7.6% above 2018 Budget
• 38% Labor
• 23% Capital
• 20% Operating
• 13% Internal Support (Technology, Fleet, Communication Center)
• 6% Debt Service

Questions and Discussion

• Greg Caton, City Manager
• John Shaver, City Attorney
• Doug Shoemaker, Police Chief
• Ken Watkins, Fire Chief
• Trent Prall, Public Works Director
• Randi Kim, Utilities Director
• Rob Schoeber, Parks & Recreation Director
• Jodi Romero, Finance Director
• Jay Valentine, General Services Director
• Elizabeth Fogarty, Visit Grand Junction Director
• Tamra Allen, Community Development Director
• Claudia Hazelhurst, Human Resources Director
• Wanda Winkelmann, City Clerk

Special Thanks to Budget Team Linda Longenecker, Greg LeBlanc, Brett Bergman, Shelley Caskey