FY 20-21 BUDGET ADDRESS MAYOR WENDELL LYNCH MAY 1, 2020
COVID-19 Impact Globally 3,251,925 Positive Statewide Nationally Locally 56,611 Tested 6,231,182 Tested +1,475 Tested 986,464 Recovered 4,708 Positive 1,068,696 Positive 91 Positive 233,014 Dead 1,675 Recovered 126,122 Recovered 62 Recovered 240 Dead 62,906 Dead 3 Dead 2
Showing Our Compassion and Resilience By Going Green 3
Healthy at Work HealthyAtWork.Ky.Gov 4
Expressions of Appreciation – Thank You! Christian Christian Christian Healthcare County County County Health Community Emergency Government Department Management Businesses, Agriculture Kentucky Grocers and Transit Drivers Community Career Center Essential Retail All of You & Industry Fire & Police & Public Admin & EMS ECC Works Utilities 5
OVERVIEW FY20-21 BUDGET ADDRESS MAYOR WENDELL LYNCH MAY 1, 2020
Prior Year Mayor’s Budget Recommendations INCREASE FISCAL RECOMMENDED (DECREASE) % YEAR BUDGET FROM PRIOR YEAR CHANGE 20-21 $ 37,862,593 $ 1,070,555 2.91% 19-20 $ 36,792,038 $ 942,046 2.63% 18-19 $ 35,849,992 $ 1,784,222 5.24% 17-18 $ 34,065,770 $ 1,273,545 3.88% 16-17 $ 32,792,225 $ 1,340,098 4.26% 15-16 $ 31,452,127 $ 1,599,374 5.36% 14-15 $ 29,852,753 $ 1,003,274 3.48% 13-14 $ 28,849,479 -$ 256,730 -0.88% 12-13 $ 29,106,209 $ 3,335,281 12.94% 11-12 $ 25,770,928 $ 1,922,742 8.06% 10-11 $ 23,848,186 7
FY 17-18 Capital Budget Requests FY 19-20 vs. FY 20-21 Budget Comparison Overall Comparison FY 19-20 Budget Amount $ 37,441,038 1 FY 20-21 Budget Amount $ 38,561,593 2 3 Difference $ 1,120,555 New Pass-Through 4 Ft Campbell IGSA $ 564,352 Contracts 5 School Resource Officer $ 77,610 Ambulance Board 6 $ 748,440 (resulting in 12 new EMTs) 7 Total $ 1,390,402 FY 20-21 Budget Amount 8 $ 37,171,191 (without new contracts) 9 Difference -$ 269,847 8
FY 20-21 General Fund Noteworthy Items Expense Items Department & Agency Cuts -4.0% (in operational expenses) Pension Savings -$550,000 (1-year freeze in rate increase) COLA Increase $455,047 (2.3% for employees) Revenue Items Payroll Tax Revenue Decline -7.04% Property Tax Revenue Increase 4% Prior Year Revenue $676,951 9
FY 20-21 Projected Revenue – $38,561,593 Sorted by Revenue Amount CATEGORY AMOUNT % CHANGE 1 Payroll Tax $15,937,576 -7.04% 2 Property Tax (Local & State) $5,445,000 4.11% 3 Insurance Premium Tax $4,800,493 1.06% 4 Ambulance Board Reimb $2,374,213 46.04% 5 Business Licenses $1,730,000 -1.70% 6 ECC Board Reimb $1,339,655 0.86% 7 Miscellaneous $1,093,257 -9.89% 8 Pass Through $975,000 0.00% 9 Payment in Lieu of Taxes $875,000 34.62% 10 Municipal Road Aid $699,000 7.70% 11 Prior Year Revenue $676,951 100.00% 12 Recreation Department $668,456 -18.18% 13 Fort Campbell Contracts $564,352 100.00% 14 Transfers from Capital Fund $550,000 0.00% 15 Franchise Tax $385,000 1.58% 16 School Resource Officer Reimb $282,640 37.85% Cemetery Receipts $165,000 0.00% 17 10
FY 20-21 Projected Revenue – $38,561,593 Fort Campbell Contracts Miscellaneous Prior Year Revenue Transfers from Cemetery Receipts $564,352 $1,093,257 $676,951 Capital Fund $165,000 Municipal Road Aid $550,000 Recreation Dept $699,000 $668,456 Property Tax (Local & State) $5,445,000 ECC Board Reimb Payment in Lieu of Taxes $1,339,655 $875,000 Ambulance Board Reimb $2,374,213 School Resource Officer Reimbursement $282,640 Pass Through Franchise Tax $975,000 $385,000 Insurance Premium Tax Payroll Tax $4,800,493 $15,937,576 Business Licenses $1,730,000 11
FY 20-21 Projected Expenses – $38,561,593 Sorted by Expense Amount RECOMMENDED % CATEGORY FY 20-21 CHANGE 1 Payroll $15,637,297 9.98% 2 Retirement Contributions $4,909,609 3.27% 3 Capital $1,476,928 0.88% 4 Pass Through $975,000 0.00% 5 Municipal Road Aid $699,000 7.70% 6 Street Lights $660,000 0.00% 7 IGSA Contract Operating Expenses $438,468 100.00% 8 Miscellaneous $434,340 7.55% 9 Inner City REZ $400,000 0.00% 10 27th Payroll $138,109 202.57% 11 Contingency $100,000 0.00% 12
FY 20-21 Projected Expenses – $38,561,593 Sorted by Expense Amount RECOMMENDED % CATEGORY FY 20-21 CHANGE 1 Operational Expenses $3,948,356 -4.58% 2 Agencies $2,973,527 -3.93% 3 Fringes (Excluding Ret.) $2,786,175 -0.54% 4 Debt Service $1,958,785 -15.56% 5 Property & Liability Insurance $410,000 -6.82% 6 Police & Fire Pension Debt $235,000 -17.54% 7 Rebates & Incentives $181,000 -42.99% 8 Health Trust Funding $150,000 -40.00% 9 Grant Matching Fund $50,000 -60.00% 13
FY 20-21 Projected Expenses – $38,561,593 By Category Police & Fire Pension Contingency Miscellaneous Debt 2% Capital 0% Property & Liability 4% 1% Insurance Debt Service 1% 5% Street Lights 2% Inner City REZ Payroll 1% 41% Pass Through 2% Municipal Road Aid 2% Agencies 8% Retirement Contributions Fringes (Excluding Ret.) Operational Expenses 13% 7% 11% 14
General Fund Cash Reserves As of April 28, 2020 Projected June 2020 $ 8,065,062* FY ending June 2019 $ 7,937,347 FY ending June 2018 $ 8,104,581 FY ending June 2017 $ 7,195,921 FY ending June 2016 $ 8,195,921 FY ending June 2015 $ 8,002,002 FY ending June 2014 $ 7,818,210 FY ending June 2013 $ 7,207,751 * Estimate based on current trends. • 20% of budget reserves established by City Council is $6,306,103. • For FY19-20, $1.4M was transferred from the General Fund cash reserve to the Capital Fund for the purchase of a fire truck. 15
FY 17-18 Capital Budget Requests FY 20-21 Capital Budget Recommendations & Requests City Maintenance Police Department Street Sweeper $56,010 Cars & Equipment $175,000 Ft Campbell Contracts Fire Department Striper Truck (I GSA Funded) $235,000 Pierce Pumper 2017 Lease $87,067 Pierce Pumper 2016 Lease $111,328 Parks & Recreation Motorola APX6000 Portable Radio $130,000 Maintenance Shop Roof Repair $30,000 2020 Chevy 3500 Crew Cab $90,000 – w/ rescue tools Information Technology Total Requests $3,042,500 Replacement Software – GL, Payroll, Budget& Fixed Assets $180,000 Recommended Funding $1,786,405 Other Public Safety/HMC Bond Payment $550,000 Total Unfunded Requests $1,256,095 Stormwater- Pit Contribution $110,000 CDS- Streetscape Development $32,000 16
FY 20-21 Capital Fund Noteworthy Items Critically Needed Finance Software Replacement Current Software Deficiencies • Vendor to discontinue payroll software support by January 2021 • Cannot track overtime without manual data manipulation • Cannot track fixed assets • Does not do any budget forecasting • Does not integrate current budget requiring manual entry • Hopkinsville is only KY city client resulting in poor customer service and delayed technical support due to low prioritization New Software Advantages • Addresses above issues; allows all employees to access integrated payroll, budgeting, and requisitioning platforms and info; provides user-friendly, online access to all public-facing Tax Office activities like paying property and payroll taxes, submitting business and ABC license fees and applications, and completing business registrations • Allows employees to enter time for seamless supervisor approval and submission to finance, saving staff and payroll valuable man hours 17
FY 17-18 Capital Budget Requests FY 20-21 Budget Overview Overall Comparison 1 FY 19-20 Budget Amount $ 37,441,038 2 FY 20-21 Budget Amount $ 38,561,593 3 Difference $ 1,120,555 Noteworthy Expense Items 4 Department Operational Cuts (-4.0%) -$ 189,481 5 Agency Operational Cuts (-4.0%) -$ 121,598 6 Pension Savings -$ 550,000 7 COLA Increase (2.3%) $ 455,047 Noteworthy Revenue Items 8 Payroll Tax Revenue Decline -7.04% 9 Property Tax Revenue Increase 4% 10 Prior Year Revenue $ 676,951 18
Continued Community Investment Hoptown- Public Christian Public $2B $1B Safety $3B County Works WINS Regional Fire Training Center IGSA partnership with renovation and reroofing FTC creates purchasing project nearing completion Sidewalks and greenway efficiencies and construction underway round generates revenue for EMT employee modification out walkability and livability much needed staffing yielding increased goals designed to make our and equipment partnership with OG community a great place to live and play 19
TEAM Hopkinsville 1 of only 22 finalists nationwide City’s 2 nd win in 56 years Final presentation and competition August 17-19 in Denver, Colorado Competi t ion includes Youth Award – 1 page applications or nominations accepted thru July 17 20
Census 2020 Help Shape our Future You can respond by mail, online It's Quick & Easy It's Not Too Late It's Safe & Secure at my2020census.gov, The 2020 Census You can still complete The U.S. Census takes just a few the census today. Bureau keeps your by phone at: moments to answers safe and complete. confidential. 844-330-2020 - English 844-468-2020 - Spanish 844-467-2020 - TDD 21
QUESTIONS? FY20-21 BUDGET ADDRESS MAYOR WENDELL LYNCH MAY 1, 2020
Recommend
More recommend
