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CR 10-135 2011 Tax Levy and General and Special Rev Fund Budgets0 • December 21, 2010 -Oca City of Hopkin Council Report 2010-135 2011 TAX LEVY AND GENERAL AND SPECIAL REVUNE FUND BUDGETS Proposed Action Staff recommends adoption of the following motion: Move to Adopt Resolution 2010-084 approving the 2011 tax levy and adopting the 2011 General and Special Revenue Fund budgets. Adoption of this motion will result in the staff forwarding the appropriate documentation to Hennepin County for completion of the property taxes for 2011 and will approve the 2011 General and Special Revenue Fund budgets. Overview The City Council and staff have held a number of meetings during 2010 to prepare for the 2011 general fund budget and 2011 tax levy. In addition we provided an opportunity for the public to offer input on the 2011 budget through the budget hearing held on December 7, 2010. Budget goals were adopted this spring and were instrumental in guiding the staff as it prepared budget requests. During 2010 the council adopted other financial plans, the Capital Improvement Plan and the Equipment Replacement Plan, that along with a series of program and budget discussions were instrumental in the development of the 2011 budgets. The budget in its current form recommends spending in the general fund at $10,299,327 and a total tax levy of $10,138,414. The levy includes provisions for general fund operations, PERA contributions, MVHC unallotment, and debt obligations. In addition, a HRA levy of $125,000 was a separate action item by the HRA Board. Staff is recommending that the council adopt the resolution approving the tax levy for 2011 and setting the 2011 general and special revenue fund budgets. Primary Issues to Consider • The state mandates certification of the 2011 levy to the County Auditor no later than December 28, 2010. Supporting Information • Resolution 2010-084 Comparative Tax Levy for years 2008-2011 2011 General Fund and Special Revenue Fund Budgets i�� Y; �/r. W - Christine M Harkess, CPA, CGFM Finance Director Financial Impact: $ 10,299,327 Budgeted: Y/N X N Source: Taxes and other revenues Related Documents (CIP, ERP, etc.): 2011 budget Notes: CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2010-084 RESOLUTION APPROVING 2011 TAX LEVY AND ADOPTING THE 2011 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 2011 upon the taxable property in the City of Hopkins, for the following purposes. General Levv General Fund $8,639,064 Special Levies PERA Rate Increase 35,500 MVHC Unallotment 222,850 Debt Levies 2002B GO Improvement Bonds 59,000 2003 HRA Lease Revenue Bonds 200,000 2007A GO Capital Improvement Bonds 710,000 2007B GO Improvement Bonds 172,000 2011 GO Improvement Bonds 100,000 • Subtotal Special Levies 1,499,350 Total Levy �10138.414 HRA/EDA Lew Housing & Redevelopment Authority Levy 125000 This levy is made based on current law and the 2011 General Fund Budget of $10,299,327. BE IT FURTHER RESOLVED, that the following amounts are budgeted for the Special Revenue Funds: State Chemical Assessment $ 45,000 TIF 2.1 R.L. Johnson Property $ 12,269 Economic Development $ 300,709 TIF 2.6 Handicapped Housing Dev $ 1,900 Real Estate Purchase & Sales $ - . TIF 2.9 Pines $ 125,039 TIF 1.2 Entertainment District $ 78,000 TIF 2.11 Super Valu $1,571,498 Housing Rehabilitation $ 94,834 TIF 1.3 - 5th Avenue Flats $ 6,250 Parking Enforcement $ 118,293 TIF 1.4 Marketplace & Main $ 16,350 Communication (Cable TV) $ 226,074 Art Center $ 794,943 Depot Coffee House $ 122,867 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. CITY OF HOPKINS 09%0212010 ANALYSIS OF TAX LEVY • Purpose 2008 2009 2010 2011 Est Subject to Levy Limits General Fund $ 7,825,565 $ 8,160,614 $ 8,384,010 $ 8,539,064 Capital Levy 75,000 100,000 - 100,000 Total Levy subject to Limits $ 7,900,565 $ 8,260,614 $ 8,384,010 $ 8,639,064 Special Levies: PERA Levy 11,815 35,500 35,500 35,500 MVHC Levy - for unallotment of 2008 & 2009 - - 239,175 - MVHC Levy - for unallotment of 2010 - - - 222;850 Subtotal - Special Levies Other 11,815 35,500 274,675 258,350 Debt Levies: 1999D GO Perm Impr Revolving Bonds 26,000 26,000 - - 2001 GO Refunding Bonds - Park & Rec 150,000 130,000 " 108,000 - 2002B GO Improv Revolving Bonds 59,000 59,000 59,000 59,000 2003 HRA Revenue Bonds 230,000 225,000 200,000 200,000 20078 GO Improv Revolving Bonds 175,000 175,000 185,000 172,000 2007 Capital Improvement Bonds 642,000 642,000 715,000 710,000 2010 GO Improvement Bonds - - - 100,000 • Subtotal - Debt Levies 1,282,000 1,257,000 1,267,000 1,241,000 Total - Special Levies $ 1,293,815 $1,292,500 $1,541,675 $ 1,499,350 TOTAL LEVIES $ 9,194,380 $ 9,553,114 $ 9,925,685 $ 10,138,414 Increase over prior year $ 388,622 $ 358,734 $ 372,571 $ 212,729 Percentage Incr (Decr) - Total 4.41% 3.90% 3.90% 2.14% • CITY OF HOPKINS PROPOSED GENERAL FUND REVENUE BUDGET • 2010 2011 % % Department Budget Budget Incr/(Decr) of total Property Taxes & PERA Special Levy 8,714,685 8,863,414 1.71%° 86.06% Intergovernmental Revenue PERA Aid 20,510 20,510 0.00% MVHC unallotment (2.44,667) (232,650) -4.83% Police - Federal Grant 0 0 Police - State Aid 177,715 177,700 -0.01 Police - POST Reimbursement 9,500 10,000 5.26% Police - Misc Grants 4,000 4,000 0.00% Police - 911 Service Fee 24,000 24,860 3.58% Fire- State Aid 85,000 85,000 0.00% Firer County 0 0 PW - State Aid 120,000 120,000 0.00% Total intergovernmental Revenue 196,058 1 209,2201 6.71%° 2.03% Licenses, Permits &Fees Court Fines 135,000 135,000 0.00% Building Permit & Inspection Fees 366,935 283,100 -22.85% Business Licenses 7,500 7,500 0.00% Administrative Citations 3,500 6,000 71.43% Liquor, Animal Licenses & Penalties 103,400 95,900 -7.25% Fire Licenses & Permits 5,300 5,300 0.00% PW - Licenses & Permits 8,275 9,490 14.68% P&Z - License & Permits 3,000 2,500 -16.67% • Total Licenses Permits & Fines 632,910 544,790 -13.92%° 5.29% Charges for Service Finance Department 4,700 5,200 10.64% Municipal Building 2,500 2,500 0.00% Assessing 1,000 1,000 0.00% City Clerk 500 11,100 2120.00% Inspections 33,450 43,450 29.90% Police 43,500 43,500 0.00% Fire 6,200 6,200 0.00% Public Works 2,250 2,250 0.00% Activity Center 46,000 46,000 0.00% Planning & Zoning 50 0 -100.00% Total Charges for Service 140,1501 15.02% 1.57% Miscellaneous Revenue Franchise Fees 290,000 290,000 0.00% Unallocated Misc 0 500 Finance Department 4,800 4,800 0.00% Elections 0 0 Police 500 500 0.00% Fire 0 0 Public Works 2,100 2,100 0.00% Acitivty Center 17,000 17,000 0.00% Total Miscellaneous Revenue 314,4001 314,900 1 0.16% 3.06% • Interest Earning s 0.00% .0.73% 75,000 75,000 Use of 2009 Budget Savings 1.27% - 130,803 Total Revenues 2.24% 100.00% $10,073,203 $10,299,327 CITY OF HOPKINS PROPOSED GENERAL FUND EXPENDITURE BUDGET i 2010 2011 Budget Department Budget Budget Incr/(Decr) City Council City Council 71,647 71,547 -0.14% Health & Wellness 1,500 0 -100.00% Total City Council 73,147 71,5471 -2.19% Administrative Services Administration 160,450 167,300 4.27% Personnel 42,749 43,924 2.75% Wellness 2,000 2,000 0.00% Information Services 228,115 238,446 4.53% Total Administrative Services 433,314 451,670 4.24% Finance Budget 22,472 23,066 2.64% Debt Management 0 0 General Accounting 118,753 129,448 9.01 Payroll 45,314 46,729 3.12% TIF Administration 0 0 Utility Billing 3,500 4,000 14.29% Total Finance 190,039 203,243J 6.95% •FL -eg al 0.00% 135,000 135,000] Munici al Building -3.74% 306,284 294,818 Receptionist -5.16% 46,576 44,172 lAssessing -0.49% 168,065 167,236 City Clerk City Clerk 19,289 19,360 0.37% Records Management 29,064 29,833 2.65% Elections 59,605 50,222 -15.74% Total City Clerk 107,958 99,415 -7.91% Inspections Building Code inspections 267,116 252,170 -5.60% Fire Inspections 37,036 38,205 3.16% Heating & Plumbing' Inspections . 88,614 90,400 2.02% Housing Inspections 124,603 134,680 8.09% Restaurant & Hotel Inspections 23,196 23,309 0.49% Misc. Community Inspections 59,140 75,143 27.06% Vacant Property Management 0 2,700 Total Inspections 599,705 616,607 2.82% • Police Police Administration 480,256 480,615 0.07% Patrol 2,293,453 2,360,705 2.93% Heat Team 72,055 73,298 1.73% Reserves 33,652 33,620 -0.10% Investigations 489,423 499,148 1.99% 2010 2011 Budget% Department Budget Budget Incr/(Deer) Metro Drug Task Force 103,174 105,737 2.48% Pawn Shop 3,374 3,436 1.84% Outreach 76,320 80,804 5.88% Dispatch 497,704 526,782 5.84% Reception-Records 249,099 255,560 2.59% Systems Mana ement 67,668 64,682 -4.41 Total Police 4,366,178 4,484,387 2.71 % Fire Fire 788,666 833,587 5.70% Emergency Preparedness 5,851 4,671 -20.17% Total Fire 794,517 838,258 5.51 Public Works PW Building 39,561 33,692 -14.84% Equipment Services 74,933 78,446 4.69% Administration 23,464 26,478 12.85% Engineering 137,666 137,802 0.10% Street & Alleys 837,402 853,812 1.96% Snow & Ice Removal 205,260 205,615 0.17% Parks 616,467 628,101 1.89% Tree Service 211,722 210,454 -0.60% Total Public Works 2,146,475 2 174400 1.30% Recreation Playground 19,722 20,198 2.41% Ice Rink 12,475 12,284 -1.53% • Park Service 12,811 12,518 -2.29% Joint Recreation 145,000 147,000 1.38% Skate Park 7,632 7,721 1.17% Total Recreation 197,640 199,721 1.05% Activity Center Act Ctr - Community Use 264,394 274,008 3.64% Act Ctr - Maintenance 62,024 59,463 -4.13% Total Activity Center 326,418 333,471 j 2.16%' Planning &Zoning 2.87% 121,687 125,182 Tuition Reimbursement 0.00% 10,200 10,200-1 lContingency 0.00% 50,000 50,000] Total Expenditures 2.24% 10,073,203 10,299,327 Other Financing Uses Transfers to other funds 0 0 Total Other Financing Uses 0 0 Grand Total Expenditures 2.24% $10,073,203 $10,299,327 • Total Revenues $10,073,203 $10,299,327 Revenues Over (Under) Expenditures $ - $ CITY OF HOPKINS SPECIAL REVENUE FUNDS 2010 2011 BUDGET BUDGET Incr/(Decr) State Chemical Assessment 49,992 45,000 -9.99% Economic Development 262,813 300,709 14.42% Real Estate Purchase &Sales - - 0.00% TIF 1.2 Entertainment District 78,000 78,000 0.00% Paratransit (Hop -a -ride) 14,382 - -100.00% Housing Rehabilitation 99,258 94,834 -4.46% Parking Enforcement 106,759 118,293 10.80% Cable TV 200,432 226,074 12.79%° Depot Coffee House 131,495 122,867 -6.56% TIF 2.1 R.L. Johnson Property 225,848 12,269 -94.57% TIF 2.6 Handicapped Housing Dev 1,900 1,900 0.00% TIF 2.9 Pines 139,196 125,039 -10.17%° TIF 2.11 Super Valu 435,126 1,571,498 261.16% TIF 1.3 - Block 64/GPS Development 7,850 6,250 -20.38% TIF 1.4 - Marketplace it 2,850 16,350 473.68% Art Center 776,376 794,943 2.39% •