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Memo - Budget• • May 18, 2000 REVIEW OF BUDGET GOALS The City of Hopkins is in the process of establishing the year 2001 budget and tax levy goals. To begin with lets look at the 2000 goals and review the progress. Following is a list of goals made for 2000. 2000 BUDGET GOALS • Maintain basic city services at current levels. • Analyze all programs and services to: - look for ways to reduce dependency on the property tax, - find greater efficiencies in the provision of current services and programs, - compare staffing levels to workloads to assure proper allocation of resources, create greater linkages between revenues and expenditures, to allow for more entrepreneurial approaches to non - essential services. • Forecast funding needs and tax implications to assure strong Tong -term financial stability. • Provide adequate funds to meet necessary technology upgrades and maintenance. • Continue policy of not using fund balances for operating expenses. • Recognize and award employees that help the city save money. • Create program budgeting to better link revenues to services and identify program costs. We are maintaining basic city services in 2000. We analyzed the Assessing department and the Police Communications Center in 1999. We allocate building maintenance expenditures and equipment expenditures to more accurately reflect program costs. We will continue to work on cost allocations for all programs and funds. Attached is a forecast of general fund expenditures and revenues for the next two years with the associated tax levy's to achieve those levels. The assumptions for the forecasts made are as follows: Current services will be maintained no elimination or additions to services. r A 3.28% over 2000 budget, and 2.5% increase in salaries and employee benefits each year respectively. The 3.28% makes up for the shortage budgeted for salaries in 2000. The contracts were settled for various amounts, none of which were 2.5 %, which is where the 2000 budget is at. Approximately a 5°' and 1% increase in materials, supplies and services each year respectively. The large increase in 2001 includes possible lease payments to the !IRA for the public works building project. Approximately a 1% o increase in charges to special revenue funds, capital improvement funds and enterprise funds. The Shady Oak Beach payment is included in the general fund for 2001. Approximately a 2.25% and 2.5° o increase in levy each year, respectively. Approximately a 1 °4) increase in intergovernmental revenues each year, respectively. Approximately a 1% increase in fines, permits and fees each year, respectively. A `f;100,000 decrease in interest earnings for 2001 budget to accurately reflect actual earnings potential. Approximately a 6% increase in charges for services in 2001 hudget to accurately reflect historical collections. Other revenues would remain relatively constant except transfer in from other funds is eliminated. ,-'\n average increase in the assessed market value of property of 5 %. The city budgeted an additional $60,000 to cover its proposed lease payment to the I1R1. for issueing bonds to build the public works building. The city is also in the process of looking at space needs for the police and fire departments which, if implemented will have an effect on the overall budget and levy for 2001. Another issue which has risen is an increase in the time line for replacing (he radio dispatch system for police and fire. Hennepin County has accelerated its proposed change to 800 mhz to April of 2001. We had not anticipated replacing our system until 2003 or 2004. The county does not anticipate us needing to change in 2001 but it is unknown how long before a change is nessecary in order to continue communications \Vith 1Tennepin. The city is also in the process of a pay equity evaluation which could impact the budget in 2001. 'Hie 2001 goals are to start considering the advantages and disadvantages of a bi- annual hudget to replace the annual budget process. This may allow For more strategic planning and goal setting between hudget years. The disadvantage is a longer period for major changes to a given budget. Lori Yager Finance Director 1 Overview Attached is a sample of the program budgets, which were implemented in 2000. This will be the level the council will review program budgets. It is also anticipated that we will have full descriptions of projects and their objectives. Please review the attached schedules and bring any ideas or comments you may have to the work session. • • GENL FUND SOURCE Current Revenues CURRENT PROPERTY TAX INTERGOVERNMENTAL REVENUE LICENSE, PERMITS 8L FINES INTEREST EARNINGS CHARGES FOR CURRENT SERVICES OTHER REVENUES NON REVENUE RECEIPTS NET TOTAL REVENUES OTHER FINANCING SOURCES TOTAL REVENUES OBJECTIVE Current Expenses SALARIES AND EMPLOYEE BENEFITS MATERIALS, SUPPLIES AND SERVICES CAPITAL OUTLAY CAPITAL IMPROVEMENTS TOTAL LESS EXPENDITURES CHARGED TO OTHER ACTIVITIES NET TOTAL OTHER FINANCING USES TOTAL EXPENDITURES CHANGE IN FUND BALANCE 1999 ACTUAL $ 4,049,173 2 ,067,882 596,740 160,942 203,233 32,402 37,000 7,147,372 1999 ACTUAL FUND 101 $ 5,188,507 $ 5,537,837 $ 2,083,124 2,448,804 554,250 650,927 100,000 25,000 $ 7,925.881 $ 8,662,568 $ REVENUES COMPARATIVE ANALYSIS BY SOURCE 2000 BUDGET $ 4,364,756 2,089,288 458,900 297,089 95,248 45,486 37,370 2000 BUDGET 2000 PROJECTION $ 4,299,173 2,089,288 458,900 170,000 150,000 40,000 37,370 2000 PROJECTION 5,53 8,432 2,338,452 657,796 25,000 8,559,680 2001 BUDGET 2002 BUDGET 5 4,514.199 $ 4.636,989 2,109,942 2,1 19,942 463,000 468,000 195,000 204,334 154,500 159,135 45,486 45,486 37,370 37,370 7,519,497 7,671,256 7,388,137 7,244,731 30,586 $ 7,147,372 $ 7,418,723 $ 7,244,731 $ 7,519,497 $ 7.671,256 EXPENDITURES COMPARATIVE ANALYSIS BY OBJECTIVE 2001 BUDGET 2002 BUDGET $ 5,719,592 $ 5,862,582 2,455,375 2,467,651 550,927 556,436 50,000 60,000 $ 8,775,894 $ 8,946,670 (824.366) (1.255,204) (1,255,204) (1,267,756) (1,286,772) 7,101,515 7,407,364 7,304,476 7,508,138 7,659,897 3,103 11,359 6,000 11.359 11,359 5 7,104,618 $ 7,418,723 $ 7,310,476 5 7,519,497 $ 7,671,256 $ 42,754 $ - $ (65,745) $ 0 $ (0) • Committee Liason Zoning Activities and Enforcement Sign or Fence Permits Miscellaneous Planning Community Development Activity TOTAL DEPARTMENT - COMMUNITY DEVELOPMENT FUND 101 CATEGORY PROGRAM SUMMARY Projected Proposed Actual Budget Budget Percent 2000 2000 2001 Change PROGRAM EXPENDITURES Committee Liason 7.381 $ 9,430 $ 8.082 - 14.29% Zoning Activities and Enforcement 63,819 61,789 69,402 12.32% Sign or Fence Permits 11,676 13,149 13.761 4.65% Miscellaneous Planning 21,323 23,341 24,649 5.60% Community Development Activity 23,860 28,690 30,871 7.60% TOTAL 142,122 136,399 146,765 7.60% PROGRAM REVENUES Committee Liason Zoning Activities and Enforcement 2,139 3,000 2,450 - 18.33% Sign or Fence Permits 1,619 1,000 1,500 50.00% Miscellaneous Planning 8 - i 0 Community Development Activity 35,677 30,586 36,000 17.70% TOTAL 39.443 34,586 39,960 15.54% NET COST (RETURN) 102,679 $ 101,813 106,805 4.90% PERMANENT STAFFING CAPITAL OUTLAY 0.05 0.85 0.20 0.35 0.40 1.85 0.05 0.85 0.20 0.35 0.40 1.85 0.05 0.85 0.20 0.35 0.40 1.85 PROGRAMS CA1EG )RY CITY PROGR.AIVI EXPF NDITURF BUDGETS Amended 4130100 Percent Budget Actual of 2000 2000 Budget Unallocated expenditures S 111,854 $ 46,305 41.4% City Council 93,196 31,792 34.1% Health and Welfare 6,850 239 3.5% Administration 134,437 41,698 31.0% Legislation 15,807 4,164 263% Agenda 50.339 14,391 28.6% Personnel 27.283 12.707 46.6% Capital Improvement Plan 25,985 8,322 32.0% Wellness 4,217 1,449 34.4% Information Services 71,628 23,626 33.0% Benefit Administration 15,515 V 3,967 25.6% Budget 17,697 3,831 21.6% Cash Management 7.656 (15) - 0.2°x0 Debt Management (378) General Accounting 48.998 20,903 42.7% Payroll 3 12,333 36.4`%n Risk Management 5,415 1,240 22.9% T.I.F. Administration (292) l Jtility Billing 162 Legal 121.020 20,447 16.9% City flail Cleaning 6.10.8 (23 I) - 3.7% City Hall Maintenance 159,835 8,649 5.4% Activity { Comm unity 1 se 52,250 17,428 33.=1`!•6 Senior Activities 1()2,197 39,062 38.2% Teen Programs 10,415 1,388 13.3% Activity Center Maintenance 64,501 16,362 25.4% Receptionist 14,715 14,644 32.7% Assessing information 86,397 27,145 31.4% I lomestead Informal ion 32.594 10,833 33. Property Valuation 85.060 2 26.7% Special Assessments 19.981 6,039 30.2% Building Code Inspections 109,35 l 51,062 46.7% Fire inspections 34,221 8,150 2 3.8% Heating and Plumbing Inspections 68,807 17,389 2S3? Housing Inspections 45.738 10,027 21.9% Restaurant /Hotel Inspections 33.976 11,289 33.' Miscellaneous Inspections 74.221 I8,692 25.2% Charter & Council Administration 16.100 3,89 24.2% Licensing 8,532 989 11.6% Purchasing 9,440 6,285 66.6% Records Management 7.951 € ,707 21.5% Elections 35,672 2 ,380 6.7°6 Police Administration - 12,125 Patrol Operations 1,598,520 456,026 28.5% Property Room Management 46,542 15,248 32.8% !Teat Team 57,357 17,412 30.4% • • • • PROGRAMS Police Reserves investigations Metro Drug Task Force Pawn Shop Management Police Outreach Chemical Health Commission Police Counter Act Public Safety Answering Point Reception & Records Checking Systems & Records Management Emergency Medical Service Fire Prevention Fire Suppression Emergency Preparedness Public Works Building Maintenanc Equipment Services Public Works Administration Engineering Services Streets and Alleys Street Cleaning Snow and Ice Removal Seal Coat Zone Sidewalk Repair Traffic Signs and Signals Street Lighting Mall Maintenance Parks Tree Service Adult Recreation Youth Recreation Various Recreation Programs Shady Oak Beach Committee Liason Zoning Acitivities & Enforcement Sign or Fence Permits Miscellaneous Planning Community Development Activity Total General Fund CITY PROGRAM EXPENDITURE BUDGETS Amended Budget 2000 $ 24,654 337,437 75,091 22,693 78,855 8,048 11,530 264,766 92,912 270,378 71,106 84,954 432,019 19,292 $ 2, 29,991 98,263 239,708 37,682 144,148 163,053 34,041 116,050 154,584 507,684 132,637 42,975 64,975 84,840 44,310 9,430 61,789 13,148 23,340 28,689 4/30/00 Actual 2000 7,101 105,893 26,641 6,623 23,032 1,874 3,169 97,937 30,017 87,397 11,825 25,002 115,415 127 641 If 14,338 -30 27,985 93,849 27,028 31,464 3,473 1,790 31,500 29,388 2,740 161,947 30,466 29, 29,275 78,013 11,710 1,641 21,859 3,510 7,002 7,829 (Bold budget numbers have been amended from the original 2000 budget.) Percent of Budget 28.8% 31.4% 35.5% 29.2% 29.2% 23.3% 27.5% 37.0% 32.3% 32.3% 16.6% 29.4% 26.7% 0.7% 28.5% 47.8% 28.5% 39.2% 71.7% 21.8% 2.1% 5.3% 27.1% 19.0% 31.9% 23.0% 68.1% 45.1% 92.0% 26.4% 17.4% 35.4% 26.7% 30.0% 27.3% $ 7,429,723 $ 2,332,352 31.4% Revenues Expenditures CITY OF HOPKINS 2000 FINANCIAL REPORT - APRIL GENERAL FUND Year To Date 4 Months 33% of Year Percentage Percentage Received/ Received/ Expended Expended 2000 Budget Year to Date 2000 Property Taxes $ 4,364,756 $ 1,447,584 33.17% 33.15% Intergovernmental Revenue 2,089,288 633,590 30.33% 28.72% Licenses and Permits 357,400 218,655 61.18% 79.04% Fines and Forfeitures 101,500 30,190 29.74% 27.68% Interest Earnings 297,089 39,518 13.30% 32.62% Charges for Services 132,618 51,010 38.46% 10.22% Other Miscellaneous 45,486 43,124 94.81% 1.41% Operating Transfer In 30,586 0 0.00% 0.00% Total $ 7,418,723 $ 2,463,671 33.21% 33.36% MayarlCouncii $ 93,196 $ 31,792 34.11% 31.26% Health & Welfare 6,850 239 3.49% 2 59% Administrative Services 329,696 106,357 32.26% 30.55% Finance 129,151 41,751 32.33% 39.14% Legai 121,020 20,447 16.90% 22.79% Municipal Building 166,033 8,418 5.07% 4.05% Activity Center 229,363 74,240 32.37% 30.99% Community Services 712,819 213,248 29.92% 26.49% Police 2,888,783 890,495 30.83% 32.95% Fire 588,079 152,242 25.89% 24.99% Emergency Preparedness 19,292 127 0.66% 29.02% Public Works 1,660,091 456,579 27.50% 30.18% Recreation 237,100 148,273 62.54% 6.02% Planning & Economic Dev. 136,396 41,841 30.68% 40.74% Unallocated 100.495 46,305 46.08% 31.40% Transfers 11,359 0 0.00% 0.00% Total $ 7,429,723 $ 2,232,354 30,05% 29.46% Sources (Uses) of Fund Balance (11,000) $23t317 • • • Revenue Expense Operating Income(Loss) Non - Operating Revenue (Expense) Net Income (Loss) Capital Outlay Cash Balance 4/30/00 Cash Balance 4/30/99 Cash Variance Explanation of Cash Variances Equip. Refuse/ Storm Pavilion/ Art Replc. Water Sewer Bulk Sewer Ice Arena Center $ 162,648 $ 206,363 $ 445,595 $ 178,299 $ 213,869 $ 109,386 $ 63,498 6,455 194,935 388,367 154,391 33,773 83,275 99,223 156,193 11,428 57,228 23,908 180,096 26,111 (35,725) (72,303) 2,015,846 22,966 2,264 (112,633) (16,440) (47,438) $ 83,890 (220,746) $ 1,245,745 $ 1,196, 844 48,901 Operating gains $ 2,027,274 (261,015) $ 2,350,720 $ 476,890 1,873,830 Water Revenue Bond Proceeds CITY OF HOPKINS 2000 FINANCIAL REPORT - APRIL PROPRIETARY FUNDS Year to Date $ 80,194 (5,942) $ 1,557,036 $ 859,519 697,517 Pay off from Storm Sewer Fund and operating gains $ $ $ 26,172 (440) 585,457 703,023 (117,566) Purchase of truck $ 67,463 $ 9,671 $ (83,163) (31,545) (4,503) 0 $ 745,773 $ 86,612 $ 126,309 $ (111,573) $ 75,395 $ 251,218 857,346 11,217 (124,909) Storm Sewer Operating Operating Revenue gains losses and Bond payment of Proceeds debt Fund General Fund Economic Development Fund Housing Rehab Fund Parking Fund Cable TV Fund Depot Coffee House Fund Tax Increment 1.1 Fund Tax Increment 1.2 Fund Tax Increment 2.1 Fund Tax Increment 2 7 Fund Tax Increment 2.8 Fund Tax Increment 2.9 Fund Park Improvement Fund Municipal State Aid Construction Fund P.I.R. Construction Fund CITY OF HOPKINS 2000 FINANCIAL REPORT - APRIL STATUS OF RESERVES Beginning Balance Balance Dollar 1/1/00 4/30/00 Difference Balance 4/30/99 $ 2,877,739 $ 3,108,831 $ 231,092 $ 3,090,853 3,711,150 3,705,881 (5,269) 3,753,096 1,377,301 1,297,064 (80,237) 746,552 347,268 352,344 5,076 385,192 290,565 260,001 (30,564) 230,696 16,116 16,519 403 12,324 1,186,171 1,599,201 413,030 1,309,646 333,474 352,427 18,953 258,300 229,784 363,822 134,038 286,464 157,936 190,149 32,213 150,494 21,470 31,751 10,281 15,695 34,031 61,562 27,531 9,483 35,201 46,508 11,307 28,561 2,160,989 2,245,470 84,481 2,118,706 1,391,901 1,257,037 (134,864) 735,545 CASH AND INVESTMENTS - ALL FUNDS 4/30/00 4413.4109 Total City Cash & Investments $ 15,442,901 $ 10,250,220 (Bond issue's in 1999 and 2000) • • • Revenues Total Expenditures Total Sources (Uses) of Fund Balance CITY OF HOPKINS FOUR YEAR COMPARATIVE FINANCIAL REPORT FOR THE PERIOD ENDING APRIL 30, 19XX GENERAL FUND 2000 1999 1998 1997 Property Taxes $1,447,584 1,363,600 $1,139,320 $1,120,867 Intergovernmental Revenue 633,590 599,253 628,370 613,370 Licenses and Permits 218,655 268,733 188,071 185,232 Fines and Forfeitures 30,190 25,190 26,879 20,441 Interest 39,518 129,642 28,629 41,947 Charges for Services 51,010 3,139 19,877 30,154 Other Miscellaneous 43,124 942 53,663 7,652 Operating Transfers In 0 0 0 0 $2,463,671 $2,390,499 $2,232,354 $2,111,682 $231,317 $278,817 $2,084,809 $2,019,663 Mayor /Council $31,792 $28,454 $31,983 $30,486 Health & Welfare 239 506 219 192 City Manager 106,357 79,893 87,914 78,836 Finance 41,751 43,388 30,409 37,894 Legal 20,447 27,119 28,518 24,828 Municipal Building 8,418 3,048 24,795 36,607 Activity Center 74,240 65,455 66,897 62,056 Community Services 213,248 182,805 182,805 190,415 Police 890,495 915,419 806,220 504,566 Fire 152,242 141,435 117,088 97,835 Emergency Preparedness 127 2,673 0 0 Public Works 456,579 496,642 432,840 452,699 Recreation 148,273 16,711 37,345 48,085 Planning & Economic Dev. 41,841 57,894 42,126 41,403 Unallocated 46,305 50,240 64,657 7,674 Transfers 0 0 265 844 $1,954,081 $1,614,420 $130,728 $405,243 • x1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 • Gen ral Fund Exp nditur Comparison f r P riod Ending April 30, 2000 and 1999 cie .ca a ` . " • 019991 01998