Town of Geddes 2011 Preliminary Budget Presentation Thursday, - - PowerPoint PPT Presentation

Town of Geddes

2011 Preliminary Budget Presentation

Thursday, November 4, 2010

General Fund

All transactions are recorded in the General Fund unless the law provides

• therwise

Town Wide Fund (A-Fund)- functions that are

applicable to all Town taxpayers

Part-Town Fund (B-Fund)- functions pertaining

• nly to taxpayers livings outside the Village of Solvay

Functions Charged to General Fund- Whole Town (A)

• Town Board
• Town Supervisor
• Justice Court
• Comptroller
• Outside Auditor
• Assessor
• Receiver of Taxes
• Town Clerk
• Records Management
• Town Attorney &

Engineer

• Town Buildings
• Dog Control
• Highway Admin
• Parks and Recreation;

Youth & Seniors

• Historian
• Benefits for employees

charged to fund

• Debt for functions

recorded in fund

Functions Charged to General Town Fund, Part-Town (B)

• Police
• Street Signs
• Crossing Guards
• Code Enforcement
• Solvay Library
• Planning Board
• Zoning Board
• Benefits for employees

charged to fund

• Debt for functions

recorded in fund

Highway Fund (DB)

Costs for the maintaining of roads, including road repairs, snow removal, weeds and brush removal. Taxpayers living outside the Village of Solvay pay for these costs

Total Spending(A, B, DB Funds)

2011 $7,611,797 2010 $7,992,109 Inc(Dec) ($380,312) %

• 4.8%

Spending by Fund

Inc (Dec) 2011 2010 $ % General Fd, Whole Town (A) $2,406,561 $2,540,426 ($133,865)

• 5.3%

General Fd, Part Town (B) $2,369,038 $2,400,457 ($31,419)

• 1.3%

Highway Fund (DB) $2,836,198 $3,051,226 ($215,028)

• 7.0%

Total $7,611,797 $7,992,109 ($380,312)

• 4.8%

PAYROLL, $3,172,500 , 42% BENEFITS, $2,395,586 , 32% CAPITAL, $167,685 , 2% CONTRACTUAL, $1,472,829 , 19% DEBT PAYMENTS, $403,197 , 5%

2011 SPENDING BY CATEGORY

Spending Comparison by Type

Inc (Dec) 2011 2010 $ % PAYROLL $3,172,500 $3,403,383 ($230,883)

• 6.78%

BENEFITS $2,395,586 $2,226,487 $169,099 7.59% CAPITAL $167,685 $204,673 ($36,988) -18.07% CONTRACTUAL $1,472,829 $1,604,437 ($131,608)

• 8.20%

DEBT PAYMENTS $403,197 $553,129 ($149,932) -27.11% Total $7,611,797 $7,992,109 ($380,312)

• 4.76%

Payroll

• General Fund, Whole Town (A)
• General Fund, Part-Town (B)
• Highway Fund, Part-Town (DB)
• Represents 42% of spending in the funds A-

43%; B-51%; DB-33%

Payroll Comparison By Fund

Inc (Dec) 2011 2010 $ % General Fund, Wh-Town (A) $1,043,617 $1,043,713 ($96) 0.0% General Fund, Part-Town (B) $1,206,373 $1,317,733 ($111,360)

• 8.5%

Highway Fund (DB) $922,510 $1,041,937 ($119,427)

• 11.5%

Total $3,172,500 $3,403,383 ($230,883)

• 6.8%

Payroll

• Virtually all full-time and permanent part-time

employee covered under union agreements

• Employee’s covered under Highway and O&T

Union Agreements received 4%

• Police Agreement has expired and is in binding

arbitration

• No increase for Town Board or Supervisor
• Non-represented employees received 3%
• No increases for Judges

Payroll

• In 2010, part-time Deputy Town Clerk

position abolished

• 2 police officers who left were not replaced
• 3 highway employees who retired not

replaced

• Town Board is looking at combining Tax

Receiver (who is retiring) and Town Clerk functions- projected savings,$60-80 thousand

Benefits

• Charged to funds with payroll
• When compared to payroll, represent 76% of

payroll costs

• Represents 32% of total fund spending A-

26%; B-40%; DB-29%

Employee Benefits

Increase(Decrease) 2011 2010 $ % NYS Retirement $271,135 $212,388 $58,747 27.7% NYS Retire-Police $233,297 $180,222 $53,075 29.4% Social Security/Medicare $241,942 $273,837 ($31,895)

• 11.6%

Workmen's Comp $144,434 $123,213 $21,221 17.2% Disability Inc $2,350 $2,880 ($530)

• 18.4%

Health Ins $1,488,825 $1,418,634 $70,191 4.9% Dental $13,603 $12,741 $862 6.8% Total $2,395,586 $2,223,915 $171,671 7.7%

2004 2005 2006 2007 2008 2009 2010 2011 Cost $239,186 $305,218 $332,084 $310,717 $279,502 $279,766 $392,610 $504,432 % 27.6% 8.8%

• 6.4%
• 10.0%

0.1% 40.3% 28.5% $239 $305 $332 $311 $280 $280 $393 $504 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 $550

Thousands

Retirement Cost

12.3% 10.8% 10.2% 9.2% 8.2% 7.2% 11.5% 15.7% 15.2% 14.2% 15.0% 14.7% 14.5% 13.8% 16.8% 20.9%

2004 2005 2006 2007 2008 2009 2010 2011

Employer Retirement Cost Rate, % of Payroll

Police Non-Police

2004 2005 2006 2007 2008 2009 2010 2011 Cost $589,763 $710,132 $863,235 $1,002,06 $1,123,51 $1,298,17 $1,418,63 $1,488,82 % Inc 20.4% 21.6% 16.1% 12.1% 15.5% 9.3% 4.9%

$590 $710 $863 $1,002 $1,124 $1,298 $1,419 $1,489

$350 $550 $750 $950 $1,150 $1,350 $1,550 $1,750 $1,950

Thousands

Health Insurance Costs

Health Insurance

• Full time employee’s eligible for insurance.
• Retiree’s with required years of service can

receive coverage. Must be eligible for NYS Retirement

• Most employee’s/retirees contribute towards

coverage (up to 10% of premium)

Health Insurance

• Rates expected to increase 9.5%-12%

Medicare Advantage Plan has a decrease

• In 2010 new plan for Highway; O&T Union

and non-represented Employees

• Retirees 65 and older converted to a

Medicare Advantage Plan other than Police

Capital Improvements

• Expenditures for acquisition of equipment,

fixtures and infrastructure that creates fixed assets with a life expectancy greater than 1 year

• Spending on capital improvements in 2011

totals $167,685

Equipment and Improvements

Road Repaving $150,000 Computers $12,000 Other $5,685

Contractual

• Expenditures for goods and services that are

considered non-permanent in nature and have a useful life usually less than 1 year

• Expenditures of this type do not extend the

life of an asset or increases its value. Theses costs maintain the asset.

Summary of Costs

Road Salt $217,150 Solvay Library $33,000 Legal $146,800 Youth and Seniors $32,870 Vehicle Fuel $122,300 Telephones and Internet $29,711 Vehicle Repairs $121,300 Office Supplies $23,917 Property, Casualty Insurance $87,537 Auditors $23,000 Road and Drainage Repairs $85,000 Postage $20,235 Water, Lights and Heat $84,602 Park Maintenance $16,925 Engineering $82,500 Preparation of Tax Bills $15,300 Building Repairs $41,415

Revenues

There are 3 sources of revenues that pay for the spending- Property Taxes Non-Property Tax Revenues Appropriated Fund Balance

Non-Property Tax Revenues

2011 $ 2,016,964 2010 $ 4,080,428 Inc (Dec) $ (2,063,464) %

• 50.6%

Breakdown of Non-Tax Revenues

Inc(Dec) 2011 2010 $ % Pilot Agreements $147,541 $161,212 ($13,671)

• 8.5%

Penalties & Interest $23,000 $20,000 $3,000 15.0% Fees (Town Clerk) $5,350 $3,525 $1,825 51.8% Sales Tax $989,018 $2,915,169 ($1,926,151) -66.1% Franchise Tax $177,000 $172,000 $5,000 2.9% Dept Income $42,355 $43,172 ($817)

• 1.9%

Intergovernmental $21,001 $36,001 ($15,000) -41.7% Interest $40,110 $52,000 ($11,890) -22.9%

Breakdown of Non-tax Revenues

Inc(Dec) 2011 2010 $ % Licenses & Permits $36,775 $25,300 $11,475 45.4% Fines & Penalties $122,983 $118,071 $4,912 4.2% Sale of Property $200 $102,600 ($102,400) -99.8% Insurance Reimbursement $0 $25,296 ($25,296)-100.0% Misc $2,850 $6,500 ($3,650) -56.2% Mortgage Tax $190,000 $175,000 $15,000 8.6% State Revenue Sharing $120,131 $133,110 ($12,979)

• 9.8%

Highway Chips $78,851 $78,468 $383 0.5% State Aid $19,799 $13,004 $6,795 52.3%

Pilots

(payment in lieu of taxes)

Solvay Paper Board $83,400 WPS Generating $44,838 Landis Plastics $16,243 Nixon Gear $2,360 Finger Lakes Railroad $700 Total $147,541

Sales Tax

Shared by the county under 2 formulas

• 10 years agreement enacted when county sales rate was 3%,

referred to the 3% formula

• In 2004, County, with state approval, increased county rate an

additional 1%. Must be renewed by state every 2 years Referred to 1% formula.

• May 3, 2010 County adopted radical change in sharing sales tax

with Towns, Villages and School Districts

• Town of Geddes has taken sales tax monies in cash to primarily

fund the police department. This money recorded in Part-Town General Fund (B)

Sales Tax 3% Formula Allocation

• 10 year agreement with Onondaga County expires 12-31-2010.

2010 amount to be received-$2.5 million

• May 3, 2010 County adopted radical change in sharing sales tax

with Towns, Villages and School Districts

• New Formula adopted by County May 2010 reduces the amount

given to the Town of Geddes by 75% in 2011

• In 2012, sales further reduced by additional 88% from 2011
• In 2013, no sales tax distributed to Town of Geddes

Sales Tax 1% rate allocation

• Started in 2004, renewed every 2 years by State

Legislature

• New sharing plan adopted by County May 2010
• For 1-1-2011 to 11-31-2011, Town receives sale percentage

as 2010 projected at $347 thousand

• From 12-1-2011 to 11-30-2012 distribution reduced by

78%

• Starting 12-1-2012, no sales tax is distributed

2004 2005 2006 2007 2008 2009 2010 2011 2012 Rev $2,476,311 $2,720,010 $2,964,139 $2,890,583 $2,938,901 $2,918,982 $2,918,982 $989,018 $158,849 $- % Inc (Dec) 8.43% 9.84% 8.98%

• 2.48%

1.67%

• 0.68%

0.00%

• 66.12%
• 83.94%
• 100.00%

$2,476 $2,720 $2,964 $2,891 $2,939 $2,919 $2,919 $989 $159

$0 $500 $1,000 $1,500 $2,000 $2,500 $3,000

Thousands

Sales Tax

Sales Tax-Years 2012-2013

• In 2012, Towns losses sales taxes in the

amount of $662,000-$830,000

• In 2013 Town loses an additional $159,000-

$327,000

Inter-governmental Revenues

2011 2010 Use of Building $24,000 Solvay Schools $5,000 $2,000 Plowing County Roads $16,001 $10,001

Dog Licenses

• Starting Jan 1, 2011, NYS turning over issuing
• f dog licenses to local governments
• Additional revenue to Town is approx $6,000
• Additional costs are approx $1,025

2004 2005 2006 2007 2008 2009 2010 2011 Revenues $313,067 $275,431 $342,295 $367,536 $237,564 $254,926 $175,000 $190,000

$313 $275 $342 $368 $238 $255 $175 $190

$- $50 $100 $150 $200 $250 $300 $350 $400

Thousands

Mortgage Tax

Appropriated Fund Balance

Monies Not Expended In Previous Years

Fund Balance used in 2011 Budget

General Fund, Whole-Town (A) $300,000 General Fund, Part-Town (B) $150,000 Highway Fund (DB) $379,981 Total $829,981

Property Taxes

Increase 2011 2010 $ % General Fund, Town-Wide (A) $1,515,627 $1,509,834 $5,793 0.4% General Fund, Part-Town (B) $978,228 $0 $978,228 100.0% Highway Fund (DB) $2,270,997 $1,798,021 $472,976 26.3% Total $4,764,852 $3,307,855 $1,456,997 44.0%

Tax Rates

FUND 2011 Tax Rate 2010 Tax Rate INC (DEC) General Fund (A) $1.94 per thous $1.95 per thous

• 0.51%

Part-Town Fund (B) $1.73 per thous $0.00 per thous 100.00% Highway (DB) $4.01 per thous $3.21 per thous 24.70% Total $7.6706 per thous $5.16 per thous 48.63%

2011 Tax Rate Comparison

2011 2010 2009 Inside Village $ 1.9374 $ 1.9473 $1.9867 Increase over Prior Year

• 0.99%
• 1.98%
• 5.44%

Outside Village $ 7.6706 $ 5.1608 4.9911 Increase over Prior Year 48.63% 3.40%

• 0.30%

Taxes on $100,000 home

2011 2010 2009 Inside Village $193.74 $194.73 $198.67 Dollar Increase over Prior Year

• $0.99
• $3.94
• $11.43

Outside Village $767.06 $516.08 $499.11 Dollar Increase over Prior Year $250.98 $16.97

• $1.49

Increase over Prior Year 48.63% 3.40%

• 0.30%

Onondaga County Sales Tax effect

• County in process of not sharing sales tax

revenues with the Towns

• By keeping the sales tax, county said taxes

would be lowered-original forecast was $300

• n house assessed at $100,000
• Actual reduction for 2011 is $134

Net Effect to Geddes Taxpayers

(on house assessed at $100,000, does not include special districts)

• Town taxes inside Village of Solvay stay about

the same as 2010

• Including County taxes, taxpayers inside the

Village will see a reduction of approx $134

• Town taxes outside the Village of Solvay

increase about $251

• Including County taxes, taxpayers outside the

Village of Solvay increase approx $117

Future taxes 2012 and 2013

Due to the loss of sales tax Taxes, outside the Village, will increase$175*

• n a house assessed at $100,000

The vast majority of this increase, ($117-$146*) will occur in 2012

(* Assumes no other costs in the 2011 increase and no revenues decrease)

Town of Geddes

2011 Budget Presentation Special Revenue Districts- Solvay Fire Contract

Thursday, November 4, 2010

Special Revenue Districts

Costs are paid by those property owner who directly receive the benefit

• Sewers (3 Funds)
• Street Lights
• Fire Protection
• Sanitation
• Water (16 Funds)

Sewer Districts

FUND Spend REV FUND BAL TAXES 2011 Tax Rate 2010 Tax Rate INC (DEC) North Geddes Consolidated Sewer $58,769 $300 $15,000 $43,469 $30 per unit $37 per unit

• 19.09%

South VConsolidate d Sewer $94,733 $1,736 $25,000 $67,997 $21 per unit $46 per unit

• 54.57%

Brookside Heights Sewer $3,264 $13 $3,251 $69 per unit $75 per unit

• 7.85%

Drainage Districts

FUND APPRO REV FUND BAL TAXES 2011 Tax Rate 2010 Tax Rate INC (DEC) Brantford Park Drainage $750 $750 $38 per unit Westfall Acres Drainage $750 $750 $54 per unit $39 per unit 37.36%

SOLVAY FIRE CONTRACT

• Encompasses Village of Solvay, Bridge Street

area, and Westvale sections

• Contract for 2011- $929,530
• Contract for 2010- $931,480

Lighting and Sanitation

FUND APPR REV FUND BAL TAXES 2011 Tax Rate 2010 Tax Rate INC (DEC) Lighting Fund $231,675 $1,000 $230,675 $0 per thousand $0 per thousand -11.08% Sanitation Fund $815,548 $3,100 $50,000 $762,448 $1 per thousand $1 per thousand 2.02%

Water Districts

FUND APPR REV FUND BAL B TAXES 2011 Tax Rate 2010 Tax Rate INC (DEC) R Lakeland $4,500 $4,500 $0 $0 per thousand $0 per thousand # Longbranch $607 $135 $472 $0 $0 per thousand $0 per thousand

• 100.00%

Westfall $1,469 $75 $1,394 $0 per thousand $0 per thousand 85.90% Westvale $450 $3 $447 $0 per unit $0 per unit

• 0.20%

Parsons Meadow $240 $240 $3 per unit $3 per unit 0.00%

Taxes on Home- Village of Solvay

(assessed at $100,000)

2011 2010 2009 General Fund-Whole Town $193.74 $194.73 $198.67 Fire Protection fund $135.92 $136.10 $134.38 Total $329.66 $330.83 $333.05 Dollar Increase over Prior Year ($1.17) ($2.21) ($0.15) % Increase

• 0.35%
• 0.66%
• 0.05%

Taxes on Home- Westvale

(assessed at $100,000

2011 2010 2009 General Fund-Whole Town $193.74 $194.73 $198.67 General Fund-Part Town $172.61 Highway Fund $400.71 $321.35 $300.44 Fire Protection $135.92 $136.10 $134.38 Street Lighting $35.97 $40.45 $39.92 Sanitation $121.33 $118.92 $129.58 Total $1,060.28 $811.55 $802.99 Increase Over Prior Year $248.73 $8.56 $18.99 % Increase 30.65% 1.07% 2.42%

Taxes on Home- Lakeland

(assessed at $100,000

2011 2010 2009 General Fund $193.74 $194.73 $198.67 General Fund-Whole Town $172.61 General Fund-Part Town $400.71 $321.35 $300.44 Street Lighting $35.97 $40.45 $39.92 Sanitation $121.33 $118.92 $129.58 Total $924.36 $675.45 $668.61 Increase Over Prior Year $248.91 $6.84 $7.71 % Increase 36.85% 1.02% 1.17%