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Continued Review of 2020 General Fund Budget & Tax Levy; Bishop CITY OF HOPKINS Memorandum To: Honorable Mayor and Council Members Mike Mornson, City Manager From: Nick Bishop, Finance Director Date: November 12, 2019 Subject: Continued Review of 2020 General Fund Budget & Tax Levy _____________________________________________________________________ PURPOSE To consider reductions to the proposed 2020 General Fund Budget and Tax Levy. INFORMATION On September 17th, City Council passed a preliminary tax levy of $18,032,938, a $2,055,002 or 12.86% increase from 2019. Based on input received, staff was directed by City Council to propose reductions to this levy. The following reductions are being proposed: o Arts Center – $74,775  The preliminary levy includes $400,000 for the Arts Center ($265,225 to sustain current operations and $134,775 to reduce its deficit). A reduced levy amount of $325,225 would continue to sustain current operations and reduce the deficit by $60,000. The long term proposal is to eliminate the deficit by 2039, instead of a previous plans to eliminate by 2023. o General Fund – $221,359  Police Officer - $56,000 • This is a new position planned to start on 7-1-20. If eliminated the police department would have the same number of officers in 2019 and 2020.  Cartegraph - $50,000 • Software to assist the Public Work Department.  Contingency - $30,000 • Reduces the contingency budget from $80,000 to $50,000.  Laserfiche Forms - $30,000 • Software to help the City go paperless. Finance Department  DWI Officer - $29,359 • Current DW I officer grant expires on 9/30/2020. This uses a less conservative approach to our budget and plans for receiving an extension of the grant. We will not know outcome until after final levy is passed.  Banners - $16,000 • Replacement of banners on Excelsior Boulevard (10 years old) and Mainstreet (4 years old).  IT Intern - $10,000 • New request to support IT department o Equipment Replacement Fund - $180,000  Equipment Certificates for Wheel Loader - $170,000 • Include equipment with lives greater than 10 years in 2020 bond sale. This would obligate the City to make principal and interest payments through 2030. Estimated interest and issuance costs are $22,400 over the life of the bonds. A tax levy would begin in 2021.  IT Mobile Computer Lab - $10,000 • To be used for emergency management and training. Will pursue grant funding. The proposed reductions total $503,254. If all reductions are implemented the tax levy would be $17,529,684, a $1,551,748 or 9.71% increase from 2019. FUTURE ACTION A final levy must be adopted by December 31st of each year at or below the preliminary levy amount. A Truth and Taxation hearing meeting will occur during the December 3rd City Council Meeting and approval of the final levy is planned. City of Hopkins General Fund Revenue Budget For the Year Ending December 31, 2020 Proposed with Reductions November 12, 2019 Department 2019 Budget 2020 Budget % Increase (Decrease) Property Taxes 11,821,624 12,564,305 6.28% Intergovernmental Revenue PERA Aid 20,510 - Local Government Aid 556,619 734,946 Intergovernmental Revenue - Other 590,000 618,000 Total Intergovernmental Revenue 1,167,129 1,352,946 15.92% Licenses, Permits & Fines Court Fines & Penalties 176,500 177,750 Building Permits & Inspections 440,700 461,300 Inspection Fines & Citations 8,000 8,000 City Clerk - Business Licenses 7,000 7,000 PD - Liquor, Animal Licenses & Penalties 89,100 102,300 Fire - Licenses & Permits 1,100 1,100 Public Works - Licenses & Permits 19,415 19,415 Planning & Zoning - Licenses & Permits 3,500 1,000 Total Licenses, Permits & Fines 745,315 777,865 4.37% Charges for Service Finance Department 9,750 5,500 Assessing 3,000 3,000 Inspections 104,360 105,900 Police 25,000 35,000 Fire 10,500 10,500 Public Works 4,150 4,150 Activity Center 94,000 87,000 Total Charges for Service 250,760 251,050 0.12% Miscellaneous Revenue Franchise Fees 290,000 296,200 Miscellaneous 15,250 15,250 Finance Department 5,100 1,200 Police 2,000 2,000 Fire 3,500 3,500 Public Works 5,300 5,300 Activity Center 14,500 32,100 Community Development 90,000 60,000 Total Miscellaneous 425,650 415,550 -2.37% Total Revenues 14,410,478 15,361,716 6.60% City of Hopkins General Fund Revenue Budget For the Year Ending December 31, 2020 Proposed with Reductions November 12, 2019 Department 2019 Budget 2020 Budget % Increase (Decrease) City Council 96,131 97,630 1.56% Administrative Services 797,580 854,893 7.19% Finance 351,173 400,495 14.04% Legal 175,000 175,000 0.00% Municipal Building 392,396 404,014 2.96% Assessing 226,682 221,835 -2.14% City Clerk 183,243 237,513 29.62% Inspections 818,588 863,296 5.46% Police 5,609,105 5,977,982 6.58% Fire 1,399,178 1,483,177 6.00% Public Works 3,221,137 3,443,017 6.89% Recreation 269,279 285,279 5.94% Activity Center 463,416 497,843 7.43% Planning & Zoning 217,372 222,382 2.30% Community Development 101,498 108,160 6.56% Tuition Reimbursement 18,700 19,200 2.67% Contingency 50,000 50,000 0.00% Transfer to Other Funds 20,000 20,000 0.00% Total Expenditures 14,410,478 15,361,716 6.60% City of Hopkins 2020 Tax Levy Proposed with Reductions November 12, 2019 Actual Proposed % Increase Purpose FY2019 FY2020 (Decrease) General Operations General Fund 11,736,624 12,479,305 6.33% Capital Levy 100,000 75,000 -25.00% Arts Center 257,500 325,225 26.30% Pavilion Fund 40,383 290,000 618.12% Equipment Replacement 230,000 110,000 -52.17% Total General Operations 12,364,507 13,279,530 7.40% Debt Levy Debt Previously Issued 3,613,429 3,844,281 6.39% Debt Issued in 2019 - 405,873 100.00% Total Debt Levy 3,613,429 4,250,154 17.62% Total Levy 15,977,936 17,529,684 9.71% City of Hopkins Financial Management Plan Update Executive Summary Proposed with Reductions November 12, 2019 \\LISA\share\FINANCE\BUDGET 2020\11.12.19 Work Session\2019 FMP V11- November 12 Meeting (delayed).xls 2019 2020 2021 2022 2023 Tax Levy Final Projected General Fund 11,736,624 12,384,194 13,670,068 14,453,454.98 15,304,324.96 Capital Improvements 100,000 75,000 75,000 75,000 75,000 Arts Center 257,500 325,225 333,182 341,377 349,819 Pavilion 40,383 290,000 300,000 300,000 450,000 Debt Service 3,613,429 4,250,154 4,617,717 4,729,097 4,055,889 Equipment Fund 230,000 110,000 80,000 250,000 250,000 Total City Levy 15,977,936 17,434,573 19,075,967 20,148,929 20,485,033 % Increase 12.35%9.12%9.41%5.62%1.67% Additions from January 11th Goal Setting DWI Officer - - 61,331 129,610 133,857 Enterprise Software - 17,000 29,500 49,000 51,500 I.T. Intern - - 10,500 11,000 11,500 Elections Staffing, Presidential Primary, Etc.- 40,000 10,000 41,200 10,300 Additional Contingency - - 40,000 50,000 75,000 Additions from Current Budget Cycle 1 Police Officer, starting 7/1/2021 - - 57,732 123,783 127,855 Cartegraph OMS Software - - 50,000 - - Laserfiche Forms - - 30,000 - - JCPP Multi-Cultural Liaison - 28,111 29,517 30,992 32,542 Banners on Mainstreet/Excelsior - - 16,000 - - Contracted Irrigation - 10,000 10,300 10,600 11,000 Levy Required - 95,111 344,880 446,185 453,554 Total City Levy w/ Additions 15,977,936 17,529,684 19,420,847 20,595,114 20,938,587 % Increase 12.35%9.71%10.79%6.05%1.67% Assumptions: 1. 2020 general fund reductions being proposed are delayed until 2021. 2. Tax Levy to eliminate Arts Center deficit is $60,000 in 2021, 2022 and 2023. 3. Equipment Certificates issued for wheel loader in 2021 and dump truck in 2022. City of Hopkins Financial Management Plan Update Executive Summary Proposed with Reductions November 12, 2019 \\LISA\share\FINANCE\BUDGET 2020\11.12.19 Work Session\2019 FMP V11- November 12 Meeting (delayed).xls 2019 2020 2021 2022 2023 Final Projected General Fund 1,274 1,359 1,499 1,580 1,669 Capital Improvements 11 8 8 8 8 Arts Center 28 36 37 37 38 Pavilion 4 32 33 33 49 Debt Service 392 466 506 517 442 Equipment Fund 25 12 9 27 27 Total City Levy per Home 1,735 1,913 2,092 2,203 2,234 $ Increase 226 179 179 111 31 Additions from January 11th Goal Setting DWI Officer - - 8 16 17 Enterprise Software - 2 4 6 6 I.T. Intern - - 1 1 1 Elections Staffing, Presidential Primary, Etc.- 5 1 5 1 Additional Contingency - - 5 6 9 Additions from Current Budget Cycle 1 Police Officer, starting 7/1/2020 - - 7 15 16 Laserfiche Forms - - 6 - - Cartegraph OMS Software - - 4 - - JCPP Multi-Cultural Liaison - 3 4 4 4 Banners on Mainstreet/Excelsior - - 2 - - Contracted Irrigation - 1 1 1 1 Additional Levy per Home - 12 43 55 56 Total Tax Levy per Home 1,735 1,925 2,135 2,258 2,290 $ Increase 226 190 210 123 32 Assumptions: 1. 2020 general fund reductions being proposed are delayed until 2021. 2. Tax Levy to eliminate Arts Center deficit is $60,000 in 2021, 2022 and 2023. 3. Equipment Certificates issued for wheel loader in 2021 and dump truck in 2022. Taxes for Median Value Home 5 year average = $145 5 year average = $156