[PPT] - FY 2017/2018 Budget Presented by: Matt Mardesen, City Administrator PowerPoint Presentation

SLIDE 1

City of Nevada FY 2017/2018 Budget

Presented by: Matt Mardesen, City Administrator Kerin Wright, City Clerk February 6, 2017 City of Nevada

SLIDE 2

What is Nevada’s Financial Situation?

Cash Solvency? Budgetary Solvency? Long-run Solvency?

SLIDE 3

General Fund - Budget to Actual

Beginning Transfers Transfers Ending Balance

Revenue

In Expenditures Out Balance 2010/2011 Budget 2,152,996 702,915 2,874,773 9,137 (37,999) Actual 2,101,949 2,261,486 692,701 2,635,680 750 2,419,706 5.04%

9.07%

317,757 2011/2012 Budget 2,246,002 733,351 3,000,179 1,000 (21,826) Actual 2,419,706 2,276,751 728,971 2,775,192 1,000 2,649,236 1.37%

7.50%

229,530 2012/2013 Budget 2,405,797 805,229 3,101,656 110,500 (1,130) Actual 2,649,236 2,268,810 793,623 2,880,331 114,158 2,717,180

5.69%
7.14%

67,944 2013/2014 Budget 2,484,062 862,946 3,218,110 18,398 Actual 2,717,180 2,446,587 877,729 3,077,619 2,000 2,961,877

1.51%
4.36%

244,697 2014/2015 Budget 2,186,722 616,456 2,787,703 15,475 Actual 2,961,878 2,234,416 972,609 3,035,279 89,361 3,157,260 2.18% 8.88% 82,385 2015/2016 Budget 2,450,881 1,020,240 3,751,762 94,000 (374,641) Actual 3,157,260 2,474,907 1,116,571 3,651,640 20,000 3,077,099 .97%

2.67%

(80,161) 2016/2017 Budget 2,613,908 955,116 3,670,576 (101,552) Actual 2017/2018 Budget 2,572,026 1,129,215 3,792,520 20,000 (111,279) Actual

SLIDE 4

Purpose of Fund Balance

Guard against revenue fluctuations

SLIDE 5

What is the City doing to Manage

ur Financial Situation?
Raised new revenues or increased fees
Cost Control
Doing More with Less
Releasing Residential from the TIF district
Lean – Reducing costs and improving

service

SLIDE 6

What are some examples of Financial Policies or Rules of Thumb that the City uses?

(What is our tolerance for risk?)

Investment Policy
Debt Policy
Purchase Policy
Fund Balance Policy

SLIDE 7

How does the City monitor the finances?

Monthly budget to actual report
Monthly bank reconciliation
Quarterly budget line-item review per fund
Regular project status reports
Audit
Annual Report

SLIDE 8

Budget as Team Sport

The nice thing about teamwork is that you always have others on your side.

-Margaret Carty

SLIDE 9

Who are the Members of the City’s Finance Team?

1. Elected Officials: Mayor Lynn Lathrop, Council members Barb Mittman, Andy Kelly, James Walker, Ray Schwichtenberg, Brett Barker and Brian Hanson 2. City Staff 3. Project specific technical experts (i.e. Engineers) 4. Independent financial advisors (i.e. Chip Schultz) 5. Bond Counsel 6. Citizens

SLIDE 10

What are some of the City’s plans that help put together a City’s budget?

Vision 2020 Plan
Strategic Plan (2-year On-going Project

and New Initiatives; Goals and Action Plans)

Departmental Forms and State Forms
Comprehensive Plan
Capital Improvement Plan
Equipment Revolving Plan
Financial Policies

SLIDE 11

Nevada: A Financial Sound City

City services delivered in most effective manner
Upgraded City technology and financial systems

(including data security)

Maintained best bond rating
Increased City’s financial reserves
Leveraged City resources through outside

grants, partnerships and private contributions

Users paying for cost recovery of the delivery of

City services

SLIDE 12

Budget Timeline

August – Updating the Insurance Renewal and Wellness Programs September/October – Updated plans and had discussion with budget committee on services and cost saving November – Budget worksheets out and due and Human Service groups made presentations December – Budget committee reviews LOT, H/M, TIF, and CIP spreadsheets before and after citizen committee makes Human Service group recommendations January – Staff fine tunes budget by line item, Council approves LOT, H/M and TIF distributions February – Budget work session and Set Public Hearing March – Public Hearing and Approve Budget

SLIDE 13

Budget Year

Fiscal Years: July 1-June 30

SLIDE 14

Budget as a Plan

Based on projections
Actual experience may vary, may need

to adjust during the year

Budget sets policy for the upcoming

year, determines projects that will be undertaken, etc.

Also a communication tool

SLIDE 15

Budget Adoption

Rigid and regulated by state
Budget is an appropriation, giving the

city the authority to spend

Provides maximum citizen oversight

SLIDE 16

Legislative Limits

State places limits
State requires expenditures

Results in mandates!

SLIDE 17

$

Revenues Expenses

July January June

City Revenue Cycle

SLIDE 18

Taxable Value

Property Tax Base (assessed value of properties in the city)

Several types of tax base:

Residential
Multi-Residential
Commercial
Industrial
Agricultural
Utility

SLIDE 19

State Limitations

The Rollback means that property is not taxed at its full value, only a percent.

State sets the percent for a whole class of property. Effects residential property the most.

SLIDE 20

Levy Rates

Different rates available
Usage and/or amount is limited
Expressed in dollars and cents per 1000

General Fund capped at $8.10/1000

SLIDE 21

Slicing the Property Tax Pie

SLIDE 22

Taxes Levied

SLIDE 23

Residential Property Example

(Assessed Value) $100,000 X (State Limitation) 56.9391% Taxable Value $56,939.10 Example (Taxable Value) $56,939.10 X (Levy Rate) $14.618/1000 Total Property Tax Revenue $832.34

SLIDE 24

Rollback Figures

Residential Property FY 17/18 FY 16/17 FY 15/16 FY 14/15

Rollback

56.9391% 55.6259% 55.7335% 54.4002%

City Millage rate of $14.618

$14.618 $14.618 $14.99653

Property Tax

$832.34 $813.14 $814.71 $815.81

SLIDE 25

Property Taxes: Where does it go? Given a $100,000 residential property

Levy FY15/16 – 55,733 (Taxable) FY 16/17– 55,625 (Taxable) FY17/18-- 56,939 (Taxable) Levy Amount Levy Amount Levy Amount General Fund 8.10000 451.44 8.10000 450.56 8.10000 461.21 Civic Center-Gates Hall 0.13500 7.52 0.00657 .37 0.135 7.69 Insurance (Tort/General) 0.54122 30.16 0.54927 30.56 0.55249 31.46 Memorial Bldg-Gates Hall 0.53000 29.54 0.53000 29.48 0.53000 30.18 Emergency (Public Safety) 0.26999 15.05 0.27000 15.02 0.27000 15.37 Employee Benefits 3.07084 171.15 2.64148 146.93 2.50752 142.78 Debt Services 1.29595 72.23 1.84568 102.67 1.84799 105.22 CIP-Trails 0.67500 37.62 0.67500 37.55 0.67500 38.43 TOTAL 14.6180 814.71 14.6180 813.14 14.6180 832.34

SLIDE 26

Industrial/Commercial Property Example

(Assessed Value) $100,000 X (State Limitation) 90% Taxable Value $90,000 Example (Taxable Value) $90,000 X (Levy Rate) $14.618/1000 Total Property Tax Revenue $1,315.62

SLIDE 27

Industrial/Commercial Property Impact on Cities

New rollback for commercial, industrial and railroad property

95% in Assessment year 2013 (FY 2014-15 budget year)
90% in Assessment Year 2014 and beyond (FY 2015-16)
State backfill – capped at FY 2017 per Governor’s term

ROLLBACK FIGURES

Property Class FY2018 FY 2017 FY 2016 FY 2015 FY2014

Agricultural

47.4996% 46.1068% 44.7021% 43.3997% 59.9334%

Commercial

90% 90% 90% 95% 100%

Industrial

90% 90% 90% 95% 100%

Railroad

90% 90% 90% 95% 100%

Residential

56.9391% 55.6259% 55.7335% 54.4002% 52.8166%

Multi-Residential

82.5% 86.25%

NA NA NA

SLIDE 28

Industrial/Commercial Property Impact on Cities

New multi-residential property class

8 year rollback schedule
90% in Assessment Year 2014

and beyond (FY 2015-16)

No backfill

Assessment Year Rollback Percentage Fiscal Year 2015 86.25% 2017 2016 82.5% 2018 2017 78.75% 2019 2018 75% 2020 2019 71.25% 2021 2020 67.5% 2022 2021 63.75% 2023 2022 and beyond Equal to residential 2024

SLIDE 29

Fiscal Year Previous Law SF 295 Backfill SF 295 + Backfill Difference 2017-18 $4,469,139 $4,198,121 $161,408 $4,359,529 ($109,610) 2018-19 $4,724,413 $4,401,893 $161,408 $4,563,301 ($161,112) 2019-20 $4,961,092 $4,588,417 $161,408 $4,749,825 ($211,267) 2020-21 $5,256,145 $4,821,269 $161,408 $4,982,677 ($273,468) 2021-22 $5,532,280 $5,036,986 $161,408 $5,198,394 ($333,886) 2022-23 $5,874,776 $5,303,555 $161,408 $5,464,963 ($409,813) 2023-24 $6,192,039 $5,534,524 $161,408 $5,695,932 ($496,107)

City Impact: 3% Cap on Growth

SLIDE 30

Nevada Tax Rates:

Tax Year FY 16/17 FY 15/16 FY 14/15 FY 13/14 FY 12/13 City 14.61800 14.61800 14.99653 15.32974 15.42934 School 16.81007 16.80944 16.75171 15.71000 15.61527 County 6.32209 6.87735 6.57879 6.67967 6.69879 Other 0.72334 0.67574 .65724 .69450 058800 Total 38.4735 38.98053 38.98427 38.41391 38.3314 % to City 38% 37% 38% 40% 40%

SLIDE 31

FY 16-17 FY 15/16 14.61800 FY 14/15 14.99653 FY 13/14 15.32974 FY 12/13 15.42934 FY 11/12 15.00435 FY 10/11 15.00435 FY 09/10 15.12870 FY 08/09 15.12874 FY 07/08 14.87874 FY 06/07 14.87874 FY 05/06 14.88108 FY 04/05 14.87863 FY 03/04 14.35684 FY 02/03 14.19251 FY 01/02 14.38557 FY 00/01 14.32364 FY 99/00 14.59955

Historic Tax Levy for Nevada

$0.00 $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00 $16.00 $18.00

FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 NEVADA TOTAL PROPERTY TAX LEVY - BUDGETED

SLIDE 32

Department of Management 16/17 City Tax Rates Comparable to Nevada

City Population Total Tax Rate 1 Maquoketa 6,141 12.64709 2 Creston 7,834 13.69612 3 Algona 5,560 14.28859 4 Nevada 6,798 14.61800 5 Independence 5,966 15.39769 6 Hiawatha 7,024 15.41169 7 Norwalk 8,945 15.69499 8 Estherville 6,360 16.50000 9 Atlantic 7,112 16.72957 10 Centerville 5,528 17.47205 11 Perry 7,702 17.89144 12 Oelwein 6,415 18.12362 13 Denison 8,298 18.60482 Average 6,899 15.92890

SLIDE 33 Form 635.2A

CITY OF Nevada

Department of Management

ADOPTED BUDGET SUMMARY YEAR ENDED JUNE 30, 2014 Fiscal Years

TIF SPECIAL SPECIAL DEBT CAPITAL BUDGET RE-ESTIMATED ACTUAL GENERAL REVENUES REVENUES SERVICE PROJECTS PERMANENT PROPRIETARY 2014 2013 2012 (A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L)

Revenues & Other Financing Sources Taxes Levied on Property

1 1,692,440 509,104 564,246 123,076 2,888,866 2,737,499 2,517,554

Less: Uncollected Property Taxes-Levy Year

2

Net Current Property Taxes

3 1,692,440 509,104 564,246 123,076 2,888,866 2,737,499 2,517,554

Delinquent Property Taxes

4

TIF Revenues

5 1,100,000 1,100,000 1,233,187 1,396,120

Other City Taxes

6 42,058 794,900 7,693 2,531 847,182 851,805 911,852

Licenses & Permits

7 80,800 80,800 80,800 41,063

Use of Money and Property

8 118,025 26,645 5,000 6,000 1,000 54,968 211,638 190,403 246,624

Intergovernmental

9 136,900 634,018 1,850,000 2,620,918 2,658,216 846,276

Charges for Fees & Service

10 308,244 900 10,000 3,500 2,931,583 3,254,227 3,226,738 3,115,474

Special Assessments

11 3,572

Miscellaneous

12 105,595 19,600 165,000 145,641 435,836 423,746 337,627

Sub-Total Revenues

13 2,484,062 1,985,167 1,105,000 577,939 2,151,607 3,500 3,132,192 11,439,467 11,402,394 9,416,162

Other Financing Sources: Total Transfers In

14 862,946 85,000 1,451,306 374,500 833,948 3,607,700 2,713,482 2,840,795

Proceeds of Debt

15 2,513,000 2,513,000 1,185,952

Proceeds of Capital Asset Sales

16

Total Revenues and Other Sources

17 3,347,008 2,070,167 1,105,000 2,029,245 5,039,107 3,500 3,966,140 17,560,167 15,301,828 12,256,957

Expenditures & Other Financing Uses Public Safety

18 1,265,712 73,762 1,339,474 1,325,625 1,145,314

Public Works

19 854,852 854,852 731,465 631,575

Health and Social Services

20 60,000 60,000 62,915 76,205

Culture and Recreation

21 1,421,064 95,500 1,516,564 1,471,274 1,365,788

Community and Economic Development

22 108,065 46,800 161,339 316,204 456,489 331,075

General Government

23 423,269 15,650 438,919 373,510 305,942

Debt Service

24 762,800 2,023,245 2,786,045 1,601,131 1,649,493

Capital Projects

25 8,661,125 8,661,125 5,990,400 503,399

Total Government Activities Expenditures

26 3,218,110 1,146,564 924,139 2,023,245 8,661,125 15,973,183 12,012,809 6,008,791

Business Type Proprietray: Enterprise & ISF

27 3,249,564 3,249,564 2,717,969 2,288,316

Total Gov & Bus Type Expenditures

28 3,218,110 1,146,564 924,139 2,023,245 8,661,125 3,249,564 19,222,747 14,730,778 8,297,107

Total Transfers Out

29 110,500 1,288,727 815,825 1,392,648 3,607,700 2,713,482 2,840,795

Total ALL Expenditures/Fund Transfers Out

30 3,328,610 2,435,291 1,739,964 2,023,245 8,661,125 4,642,212 22,830,447 17,444,260 11,137,902

Excess Revenues & Other Sources Over

31

(Under) Expenditures/Transfers Out

32 18,398

365,124
634,964

6,000

3,622,018

3,500

676,072
5,270,280
2,142,432

1,119,055

Beginning Fund Balance July 1

33 2,648,106 1,682,445 847,045 215,312

1,775,159

127,363 4,861,356 8,606,468 10,748,900 9,629,845

Ending Fund Balance June 30

34 2,666,504 1,317,321 212,081 221,312

5,397,177

130,863 4,185,284 3,336,188 8,606,468 10,748,900

SLIDE 34 Form 631.1 Department of Management

NOTICE OF PUBLIC HEARING BUDGET ESTIMATE

FISCAL YEAR BEGINNING JULY 1, 2013 - ENDING JUNE 30, 2014 City of

Nevada

, Iowa The City Council will conduct a public hearing on the proposed Budget at Nevada City Hall - Council Chambers

n

03/11/13 at 6:00 p.m. . (Date) xx/xx/xx (hour) The Budget Estimate Summary of proposed receipts and expenditures is shown below. Copies of the the detailed proposed Budget may be obtained or viewed at the offices of the Mayor, City Clerk, and at the Library. The estimated Total tax levy rate per $1000 valuation on regular property . . . . . . . . . . $ 15.32974 The estimated tax levy rate per $1000 valuation on Agricultural land is . . . . . . . . . . . $ 3.00375 At the public hearing, any resident or taxpayer may present objections to, or arguments in favor of, any part

f the proposed budget.

515-382-5466 Kerin Wright phone number City Clerk/Finance Officer's NAME Budget FY Re-estimated FY Actual FY 2014 2013 2012 (a) (b) (c) Revenues & Other Financing Sources Taxes Levied on Property 1 2,888,866 2,737,499 2,517,554 Less: Uncollected Property Taxes-Levy Year 2 Net Current Property Taxes 3 2,888,866 2,737,499 2,517,554 Delinquent Property Taxes 4 TIF Revenues 5 1,100,000 1,233,187 1,396,120 Other City Taxes 6 847,182 851,805 911,852 Licenses & Permits 7 80,800 80,800 41,063 Use of Money and Property 8 211,638 190,403 246,624 Charges for Fees & Service 10 3,254,227 3,226,738 3,115,474 Special Assessments 11 3,572 Miscellaneous 12 435,836 423,746 337,627 Other Financing Sources 13 6,120,700 3,899,434 2,840,795 Total Revenues and Other Sources 14 17,560,167 15,301,828 12,256,957 Expenditures & Other Financing Uses Public Safety 15 1,339,474 1,325,625 1,145,314 Public Works 16 854,852 731,465 631,575 Health and Social Services 17 60,000 62,915 76,205 Culture and Recreation 18 1,516,564 1,471,274 1,365,788 Community and Economic Development 19 316,204 456,489 331,075 General Government 20 438,919 373,510 305,942 Debt Service 21 2,786,045 1,601,131 1,649,493 Capital Projects 22 8,661,125 5,990,400 503,399 Total Government Activities Expenditures 23 15,973,183 12,012,809 6,008,791 Business Type / Enterprises 24 3,249,564 2,717,969 2,288,316 Total ALL Expenditures 25 19,222,747 14,730,778 8,297,107 Transfers Out 26 3,607,700 2,713,482 2,840,795 Total ALL Expenditures/Transfers Out 27 22,830,447 17,444,260 11,137,902 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out 28

5,270,280
2,142,432

1,119,055 Beginning Fund Balance July 1 29 8,606,468 10,748,900 9,629,845 Ending Fund Balance June 30 30 3,336,188 8,606,468 10,748,900

SLIDE 35

General Fund

Police
Fire
Library
Parks/Rec/GH
Cemetery
Administration

SLIDE 36

Non-Activity Revenue Sources

General-Hotel/Motel Employee/Emergency Levy Local Option Tax Tax Increment Financing Road Use Tax Debt Service Capital Project Levy Grants/Reimbursements Use of Money (Interest, Rent, Misc) TOTAL 16/17 1,771,664 550,532 875,000 3,083,486 770,000 512,000 127,650 338,296 151,540 $8,180,168 17/18 1,833,633 530,649 910,000 3,103,512 850,000 525,300 128,960 316,855 138,260 $8,337,169

SLIDE 37

Back Left to Right: Detective Chris Brandes, Kelli Springer, Sergeant Tracy Schmidt, Director of Fire and EMS Ray Reynolds, Josh Cizmadia, PSD Ric Martinez and Sergeant Matt Snyder, Andrew Henderson and Ryan Hutton Front Left to Right: Holly Bowman, Community Service Officer Kali Warner, PSD Clerk Cathy Jager and Christine Rosen

Public Safety Department

SLIDE 38

Police Revenues

General Police Forfeiture Capital Revolving TOTAL 16/17 50,000 100 400 $50,500 17/18 55,650 100 400 $56,150

SLIDE 39

16/17 17/18 Change Personnel Services 870,593 899,018 3.26% Equipment, Repairs, Utilities, 39,300 29,300

25.45%

Contractual 81,697 85,350 4.47% Commodities 19,350 21,350 10.33% Capital 121,000 157,500 30.17% TOTAL $1,131,940 $1,131,940 5.35%

Police Expenses

SLIDE 40

Fire/EMS- Revenue Sources

General Fire Trust Capital Revolving TOTAL 16/17 63,000 700 51,000 $114,700 17/18 63,000 300 55,000 $118,300

SLIDE 41

FIRE/EMS Expenses

16/17 17/18 Change Personnel Services 127,666 138,466 8.04% Supplies, Equipment, Repairs, Utilities, Contractual Services 66,695 50,855

23.75%

Capital 257,847 152,200

40.97%

TOTAL $452,208 $341,521

24.47%

SLIDE 42

Fireworks

Historic Preservation Community & Human Services Economic Development

Community Services

SLIDE 43

Community Services – Revenues & Expenses

REVENUE Senior Trust 4th of July TOTAL 16/17 100 2,050 $2,150 17/18 70 120 $190 EXPENSES Contractual and Services TIF Agreements TOTAL 16/17 255,725 791,161 $1,046,886 17/18 268,513 796,860 $1,065,373

SLIDE 44

Library

Dale Nelson, Shanna Speer, Linda Wright, and Cindy Anderson, Beth Williams, Carol Brown and Kathy Manternach

SLIDE 45

Library – Revenue Sources

General Fund Library Trust Danielson Trust Capital Revolving TOTAL 16/17 53,850 7,500 1,200 300 $62,850 17/18 50,950 6,800 1,200 300 $59,250

SLIDE 46

Library Expenses

16/17 17/18 Change Personnel Services 330,893 342,129 3.38% Repairs/Maint, Utilities 25,250 26,800 6.13% Contractual 17,500 18,000 2.85% Commodities, Materials 111,000 117,900 6.21% Capital 28,500 20,000

30%

TOTAL $513,143 $524,829 2.28%

SLIDE 47

Top Left to Right: Mike Rasmussen, Gene Fritz, Keith Tillotson and Joe Mousel

Bottom Left to Right: Erin Mousel, Tim Hansen and Rhonda Maier

Parks and Recreation, Gates Hall, and Cemetery

SLIDE 48

Parks – Revenues Sources

General Fund SCORE-Undesignated SCORE-O/M Trust Park Open Space Trust Trail Maintenance Trees Forever TOTAL 16/17 174,220 900 5 19,865 210 50 $195,250 17/18 189,820 875 5 20,865 210 25 $211,800

SLIDE 49

Parks Expenses

16/17 17/18 Change Personnel Services 379,190 395,903 4.41% Contractual, Supplies, & Services 280,025 310,700 10.95% Capital 92,000 75,000

18.48%

TOTAL $751,215 $769,603 2.45%

SLIDE 50

Recreation – Revenue Sources

General Fund TOTAL 16/17 140,675 $140,675 17/18 68,380 $68,380

SLIDE 51

Recreation Expenses

16/17 17/18 Change Personnel Services 90,780 75,941

16.35%

Supplies, Repairs, Contractual 80,490 36,550

54.59%

Recreation Center Study 37,500 50,000 33.33% TOTAL $208,770 $162,491

22.17%

SLIDE 52

Gates Hall – Revenue Sources

General Fund Gates Hall Piano Fund TOTAL 16/17 167,235 225 $167,460 17/18 170,800 225 $171,025

SLIDE 53

Gates Hall Expenses

16/17 17/18 Change Personnel Services 102,590 107,884 5.16% Repairs, Maintenance, Utilities 30,750 30,700

.17%

Contractual and supplies 16,950 17,620 3.95% Capital 23,000 33,000 43.47% TOTAL $173,290 $189,204 9.18%

SLIDE 54

Cemetery – Revenue Sources

General Fund Cemetery Memorials Columbarium Maintenance Perpetual Care TOTAL 16/17 36,360 35 170 5,000 $41,565 17/18 38,000 35 170 5,000 $43,205

SLIDE 55

Cemetery Expenses

16/17 17/18 Change Personnel Services 74,305 78,497 5.64% Repairs/Utilities 11,050 12,600 14.02% Contractual/Supplies 9,195 10,345 12.5% Capital 47,000 34,500

26.6%

TOTAL $141,550 $135,942

3.96%

SLIDE 56

Administration

Matt Mardesen, Donna Mosinski, Don Rouse, Kerin Wright, Balinda Ellsworth, Shawn Cole, and Dan Haddock

SLIDE 57

Administrative Expenses

16/17 17/18 Change Personnel Services 198,227 199,457 .62% Contractual, Supplies, Services 235,550 262,220 11.32% Capital 20,000 163,000 715% TOTAL 465,242 624,677 37.66%

SLIDE 58

Senior Center

REVENUE General Fund EXPENSES Personnel Maintenance & Utilities Contractual, equipment, supplies TOTAL 16/17 5,600 1,212 4,300 1,650 $7,162 17/18 7,070 1,272 4,900 1,600 $7,772

SLIDE 59

Brad Tendall, Dave Harrison, Mike Ackerman, Dennis Pratt, Jamie Tendall, Dennis Mensing

Streets Department

SLIDE 60

Streets – Revenue Sources

General Fund Road Use Tax RUT-Capital Equipment TOTAL 16/17 6,750 790,000 1,000 $797,750 17/18 5,000 850,000 1,000 $856,000

SLIDE 61

Streets Expenses

16/17 17/18 Change Personnel Services 346,317 402,000 16.07% Repairs, Maintenance, Utilities 201,500 207,800 3.12% Contractual 80,875 95,625 18.24% Commodities 96,500 95,000

1.55%

Capital 259,900 173,000

33.44%

TOTAL $985,092 $973,425

1.18%

SLIDE 62

Water Department

Shawn Ludwig Ty Borton and Eric McLaughlin

SLIDE 63

Water – Revenue Sources

Water Operations/Maintenance Deposits Water Capital Equipment TOTAL 16/17 2,061,467 25,000 1,000 $2,087,467 17/18 2,198,362 25,000 1,000 $2,198,362

SLIDE 64

Water Expenses

16/17 17/18 Change Personnel Services 417,269 416,188

.26%

Repairs, Fuel, Utilities 194,700 193,500

.62%

Supplies, Equip, Contracts 354,250 360,060 1.64% Capital 136,686 91,686

32.93%

Debt 796,567 790,252

.79%

TOTAL $1,899,472 $1,851,686

7.18%

SLIDE 65

Harold See, Mike Neal, Nathan Bickel

Wastewater

SLIDE 66

Wastewater – Revenue Sources

Wastewater Operations/Maintenance Sewer Capital Revolving Sewer Construction TOTAL 16/17 1,182,100 500 59,000 $1,241,600 17/18 1,233,984 500 65,000 $1,299,484

SLIDE 67

Wastewater Expenses

16/17 17/18 Change Personnel Services 419,001 393,765

6.03 %

Repairs, Fuel, Utilities 217,900 223,300 2.47% Supplies, Minor Equip, Contracts 175,725 183,750 4.57% Debt 342,490 343,300 .24% Capital 62,700 69,700 11.16% TOTAL $1,217,815 $1,213,815

.33%

SLIDE 68

Garbage & Storm Sewer

SLIDE 69

Garbage & Storm Sewer – Revenue Sources

Garbage Storm Sewer 16/17 72,994 $158,025 17/18 72,994 $158,025

SLIDE 70

Garbage & Storm Sewer Expenses

16/17 17/18 Change Garbage 70,609 70,609 NC Storm Sewer $47,400 $49,000 3.37%

SLIDE 71

Project - Expenses

Sidewalks 2017 Streets Project Railroad Project 2015 Streets Project Totals 16/17 20,000 600,000 250,000 $870,000 17/18 30,000 5,900,000 25,000 $5,955,000

SLIDE 72

Debt - Expenses

DuPont Debt Portion (2013 Bond) Airport Rd, Plat 6 (2013 Bond) City Hall/Library (2012B Bond) Streets Vehicle Acquisition (2014 Bond) Water Revenue (2012C Bond) 2017 Street/Utility Improve (2016 Bond) Total 16/17 403,800 247,000 788,413 164,900 581,702 1,461,783 $3,647,598 17/18 422,500 248,400 789,613 161,800 576,953 2,112,200 $4,311,466

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