Loading...
VII.3. 2016 Budget Meeting and 2016 Tax Levy and General and Special Revenue Fund Budgets; Harkess (CR2015-150)December 1, 2015Council Report 2015-150 2016 BUDGET MEETING, 2016 TAX LEVY AND GENERAL AND SPECIAL REVENUE FUND BUDGETS Proposed Action Following the 2016 budget hearing and there being no further changes to the 2016 budget, staff recommends adoption of the following motion: Move to Adopt Resolution 2014-095 approving the 2016 tax levy and adopting the 2016 General and Special Revenue Fund budgets. Adoption of this motion will result in staff forwarding the appropriate documentation to Hennepin County for inclusion on property taxes for 2016 and will approve the 2016 General and Special Revenue Fund budgets. Overview The City Council and staff have held a number of meetings and work sessions during 2015 to prepare for the 2016 general fund budget and 2016 tax levy. This evening we are taking input from the public on the 2015 budget. During 2015 the council adopted the Capital Improvement Plan, the Equipment Replacement Plan and updated the Financial Management Plan which along with a series of program and budget discussions were instrumental in the development of the 2016 budgets. The budget in its current form recommends spending in the general fund at $11,875,730 and a total tax levy of $11,949,829. The levy includes provisions for general fund operations and debt obligations. In addition, a proposed HRA levy of $296,813 was also approved. Staff is recommending that the council adopt the resolution approving the tax levy for 2016 and setting the 2016 general and special revenue fund budgets. Primary Issues to Consider The state mandates certification of the 2016 levy to the County Auditor no later than December 28, 2015. Supporting Information Resolution 2015-095 2016 General Fund and Special Revenue Fund Budgets Power point presentation slides Publication from Assoc. of MN Counties – “Fourteen Reasons Why Property Taxes Vary from Year to Year” Financial Impact: $ 11,875,730 GF Budgeted: Y/N Y Source: Taxes & other revenues Christine M Harkess, CPA, CGFM Related Documents (CIP, ERP, etc): 2016 Budget, CIP, ERP, Finance Director FMP Notes: CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 2015-095 RESOLUTION APPROVING 2016 TAX LEVY AND ADOPTING THE 2016 GENERAL AND SPECIAL REVEUNE FUND BUDGETS BE IT RESOLVED BY THE COUNCIL OF THE CITY OF HOPKINS, MINNESOTA, That the following sums of money be levied for the current year collectible in 2016 upon the taxable property in the City of Hopkins, for the following purposes. General Levy General Fund $10,041,951 Special Levies Debt Levies 2010A GO Improvement Bonds 79,437 2012A GO Capital Improvement Bonds 220,000 2012B GO Bonds 141,970 2012B Equipment Certificates 96,285 2014A GO Bonds 87,993 2014B GO Refunding Bonds 881,975 2015A GO Street Reconstruction Bonds 264,261 2015B GO Tax Abatement Bonds 135,957 Subtotal Special Levies 1,907,878 Total Levy $11,949,829 HRA/EDA Levy $ 296,813 Housing & Redevelopment Authority Levy 2016 General Fund Budget This levy is made based on current law and the of $11,875,730. BE IT FURTHER RESOLVED, that the following amounts are budgeted for the Special Revenue Funds: State Chemical Assessment $ 60,000 TIF 2.6 Handicapped Housing Dev $ 7,568 Economic Development $ 176,600 TIF 2.9 Pines $ 3,200 TIF 1.2 Entertainment District $ 13,236 TIF 2.11 Super Valu $ 1,605,258 Parking $ 109,600 TIF 1.3 - 5th Avenue Flats $ 2,000 Communication (Cable TV) $ 226,273 TIF 1.4 - Marketplace & Main $ 120,950 Depot Coffee House $ 338,142 Art Center $ 903,667 BE IT FURTHER RESOLVED, that the City Clerk is hereby ordered and directed to transmit a certified copy of this resolution to the County Auditor of Hennepin County, Minnesota. st Adopted by the City Council of the City of Hopkins on this this 1 day of December, 2015. _______________________________________ Eugene Maxwell, Mayor ATTEST: _____________________________ Amy Domeier, City Clerk CITY OF HOPKINS PROPOSED GENERAL FUND REVENUE BUDGET 20152016% DepartmentBudgetBudgetIncr/(Decr) 9,307,7299,796,9515.26% Property Taxes Intergovernmental Revenue 20,51020,5100.00% PERA Aid 388,602413,9446.52% Local Government Aid 180,000195,0008.33% Police - State Aid 9,0009,0000.00% Police - POST Reimbursement 15,00015,0000.00% Police - Misc Grants 95,00095,0000.00% Fire - State Aid 135,000140,0003.70% PW - State Aid 03,500-- Grants - other 843,112891,9545.79% Total Intergovernmental Revenue Licenses, Permits & Fees 170,000175,0002.94% Court Fines 274,460275,6600.44% Building Permit & Inspection Fees 8,0008,0000.00% Administrative Citations 6,0006,0000.00% Business Licenses 97,50097,100-0.41% Liquor , Animal Licenses & Penalties 3,6003,6000.00% Fire Licenses & Permits 9,4159,4150.00% PW - Licenses & Permits 1,0001,0000.00% P&Z - License & Permits 569,975575,7751.02% Total Licenses, Permits & Fines Charges for Service 10,1509,750-3.94% Finance Department 2,0002,0000.00% Assessing 20,0000-100.00% City Clerk 74,90074,9000.00% Inspections 33,00033,0000.00% Police 3,0003,0000.00% Fire 2,7502,250-18.18% Public Works 61,50061,5000.00% Activity Center 2,0002,50025.00% Planning & Zoning 209,300188,900-9.75% Total Charges for Service Miscellaneous Revenue 290,000290,0000.00% Franchise Fees 2502500.00% Miscellaneous 4,8004,8000.00% Finance Department 1,5002,00033.33% Police 03,500-- Fire 4,6004,6000.00% Public Works 9,00010,00011.11% Acitivty Center 91,45087,000-4.87% Community Development 401,600402,1500.14% Total Miscellaneous Revenue 15,00020,00033.33% Interest Earnings $11,875,73011,346,716$4.66% Total Revenues CITY OF HOPKINS PROPOSED GENERAL FUND EXPENDITURE BUDGET 20152016Budget % DepartmentBudgetBudgetIncr/(Decr) City Council70,41779,70813.19% Administrative Services Administration210,187185,872-11.57% Personnel 42,40059,10839.41% Wellness 2,0002,0000.00% Information Services275,206284,9893.55% 0.41% Total Administrative Services529,793531,969 Finance Debt Management5600.00% General Accounting199,107185,819-6.67% Payroll49,09282,17467.39% TIF Administration5600.00% Utility Billing10,0639,000-10.56% 7.21% Total Finance258,374276,993 gal145,000150,0003.45% Le pal Building325,306333,6112.55% Munici ptionist49,19442,088-14.44% Rece g196,256206,6175.28% Assessin y Clerk Cit City Clerk68,01963,774-6.24% Elections52,41583,49459.29% y Clerk120,434147,26822.28% Total Cit pections Ins Building Code Inspections274,151283,3103.34% Fire Inspections39,31740,8703.95% Heating & Plumbing Inspections94,19196,9662.95% Housing Inspections172,522180,8534.83% Misc. Community Inspections84,22587,0013.30% Vacant Property Management4,7934,8701.61% pections669,199693,8703.69% Total Ins Police Police Administration437,046447,2042.32% Patrol2,885,7853,118,5188.06% Heat Team76,63179,2713.45% Reserves15,62920,47431.00% Investigations564,929465,405-17.62% Metro Drug Task Force120,300129,3877.55% Outreach110,830113,7222.61% Reception-Records269,008278,9713.70% Systems Management51,65858,94314.10% 4.54% Total Police4,531,8164,737,734 20152016Budget % DepartmentBudgetBudgetIncr/(Decr) Total Fire986,3491,105,11012.04% Public Works PW Building39,49044,30912.20% Equipment Services112,011108,117-3.48% Administration46,99257,14521.61% Engineering145,232141,447-2.61% Street & Alleys932,379944,2261.27% Snow & Ice Removal219,827221,9960.99% Parks765,779789,1473.05% Forestry256,170274,2347.05% 2.49% Total Public Works2,517,8802,580,621 Recreation Playground21,67622,1102.00% Ice Rink14,39531,080115.91% Park Service25,78026,8404.11% Joint Recreation162,000165,3002.04% Skate Park8,0317,776-3.18% 9.15% Total Recreation231,882253,106 y Center Activit Act Ctr - Community Use300,111315,1385.01% Act Ctr - Maintenance59,50564,6508.65% y Center359,616379,7885.61% Total Activit g & Zoning136,264153,87212.92% Plannin y Development92,145121,87532.26% Communit 0.00% Tuition Reimbursement15,20015,200 gency101,59151,300-49.50% Contin penditures11,336,71611,860,7304.62% Total Ex g Uses Other Financin 10,00015,00050.00% Transfers to other funds g Uses10,00015,00050.00% Total Other Financin penditures11,346,716$ 11,875,730$4.66% Grand Total Ex $ 11,875,73011,346,716$ Total Revenues Revenues Over (Under) Expenditures-$ -$ CITY OF HOPKIN S SPECIAL REVENUE FUND S 2016 EXPENDITURE S Fund20152016 No.FundBUDGEBUDGEIncr/(Decr) TT 20333.33% State Chemical Assessment 45,000 60,000 204-27.05% Economic Developmen 242,083 176,600 211341.20% TIF 1.2 Entertainment District 3,000 13,236 214-21.38% Parking 139,404 109,600 217-19.04% Communications(Cable TV 279,483 226,273 2190.90% Depot Coffee House 335,111 338,142 226-15.54% TIF 2.6 Handicapped Housing Dev 8,960 7,568 229-91.96% TIF 2.9 Pines 39,821 3,200 23118.68% TIF 2.11 Super Valu 1,352,624 1,605,258 2320.00% 5th Avenue Flats 2,000 2,000 23319.10% TIF 1.4 - Marketplace II 101,550 120,950 250-9.82% Art Center 1,002,087 903,667 0´±¯®²¤ ®¥ ³§¤ ¡´£¦¤³ ¬¤¤³¨­¦ • • • • 4 · ³¨®­ 0±®¢¤²² • • • • • '¤­¤± « &´­£ 2¤µ¤­´¤² 20152016% BudgetBudgetIncr/(Decr) Property Taxes$9,307,729$9,796,9515.26% Intergovernmental Revenue843,112891,9545.79% Licenses, Permits & Fees569,975575,7751.02% Charges for Service209,300188,900-9.75% Miscellaneous Revenue401,600402,1500.14% Interest Earnings15,00020,00033.33% Total Revenues11,346,716$11,875,730$4.66% '¤­¤± « &´­£ 2¤µ¤­´¤² '¤­¤± « &´­£ %·¯¤­£¨³´±¤² 20152016% BudgetBudgetIncr/(Decr) General Government$1,328,890$1,372,2813.27% Community Services1,263,4921,365,5908.08% Public Safety5,518,1655,842,8445.88% Public Works2,517,8802,580,6212.49% Recreation591,498632,8947.00% Other126,79181,500-35.72% Total Expenditures$11,346,716$11,875,7304.66% '¤­¤± « &´­£ %·¯¤­£¨³´±¤² & ¢³®±² ¨¬¯ ¢³¨­¦ ³§¤ ΕΓΔΙ "´£¦¤³ • • • • 2016 2016Final Net LevyNet Levy Purpose2015ProposedProposed General Operations ΕΓΔΙ General Fund$9,224,729$9,676,451$9,676,451 Capital Levy53,000$125,000$125,000 Arts Center Levy85,000$140,000$140,000 ,¤µ¸ Pavilion Levy65,000$65,000$65,000 PERA Levy35,500$35,500$35,500 Subtotal 9,463,22910,041,95110,041,951 Special Levies: Debt Levies1,514,8441,907,8781,907,878 TOTAL LEVY$10,978,073$11,949,829$11,949,829 2¤²¨£¤­³¨ « 0±®¯¤±³¸ 4 · #§ ­¦¤² ¥±®¬ ΕΓΔΘ 2¤²¨£¤­³¨ « 0±®¯¤±³¸ 4 · #§ ­¦¤² ȃ  ¢®¬¯ ±¨²®­ Percent of Percent of Percent of Percent of Percent of Percent of homeownershomeownershomeownershomeownershomeownershomeowners Decrease+0.1% - 4.9% +5.0% - 9.9%+10.0% - 14.9%+15.0% - 19.9%+20% and over 201522.60%34.59%6.04%6.07%11.73%18.97% 201414.28%5.99%15.62%32.08%17.78%14.22% 201356.91%12.04%16.14%10.51%3.58%0.82% ,¤µ¸ )¬¯ ¢³ ®­ -¤£¨ ­ 6 «´¤£ (®¬¤ Tax ValueRateTaxesIncrease 2013 183,00062.417%1,01241 2014 183,00062.605%1,0153 2015 206,00062.503%1,143128 2016 207,00065.272%1,20764 Average increase over last 4 years is $59 7§¤±¤ ¬¸ ³ ·¤² ¦® 6 «´¤ ¥®± 4 ·¤² 24-Hour Police and Fire Protection • Emergency medical treatment and management services • Well Maintained Streets, Trails, and Sidewalks • Elections • Boulevard Tree and Forestry Program • High Quality Recreation programs • Hopkins Activity Center and Hopkins Depot • Hopkins Center for the Arts • Community and Economic Development • Housing Services and Programs • Building Inspections, Licensing, and Code Enforcement • Beautiful Parks and Open Space • Fourteen Reasons A publication of the Association of Minnesota Counties A publication of the Association of Minnesota CountiesA publication of the Association of Minnesota CountiesA publication of the Association of Minnesota Counties A publication of the Association of Minnesota Counties A publication of the Association of Minnesota Counties Glossary of Terms Association of Minnesota Counties 125 Charles Avenue Saint Paul, MN 55103-2108 Main Line/Switchboard: 651.224.3344 Fax: 651.224.6540 www.mncounties.org