HomeMy WebLinkAbout20091207 - VII-1
MEMO
TO: Honorable Mayor and City Council members
FROM: Charlene Stark, Finance Director
RE: 2010 Budget Presentation
DATE: November 30, 2009
th
On September 8 City Council adopted a preliminary budget of $25,181,391
and a tax levy of $11,581,000. This tax levy is the same as the 2009 tax levy.
Since then a change to budget has been with final numbers for the storm water
fund and the TRAC fund are now included in this budget. A presentation on the
budget will be presented as a summary of the 2010 budget and for the public to
st
comment on. The Final budget will be presented on December 21 for adoption.
If you should have questions regarding this information, please feel free to
contact me.
Council Action Requested
Hold a public hearing on the 2010 budget
.
12/2/2009
Final 2010 City Budget
Truth In Taxation Public Hearing
December 7, 2009
12/2/20091
2010 Budget
AdoptedPreliminary
BudgetBudgetDifferenceDifference
20092010%
Tax Supported$ 21,806,856$ 19,548,315 $ (2,258,541)-10.36%
Non Tax Supported5,412,7185,883,732471,0148.70%
Total Budget$ 27,219,574$ 25,432,047 $ (1,787,527)-6.57%
General Levy$ 8,895,472$ 8,667,872 $ (227,600)-2.56%
Debt Levy 2,689,000 2,913,000 224,000 8.33%
Total Levy 11,584,472 11,580,872 (3,600)
HRA Levy 233,464 320,000 86,536 37.07%
Local Government Aid 361,324 - (361,324)-100.00%
Other Revenue 15,040,314 13,531,175 (1,509,139)-10.03%
Total All Revenues$ 27,219,574$ 25,432,047 $ (1,787,527)-6.57%
12/2/20092
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12/2/2009
Comparison of 2009 to 2010
TotalAdoptedChangePercentage
20102009From Change
BudgetBudgetOrginal Budgetin Budget
Salaries and benefits$ 10,969,407$ 10,953,765$ 15,6420.14%
Charges for services 5,189,792 5,283,798 (94,006) -1.78%
Supplies 968,784 1,005,109 (36,325) -3.61%
Miscellaneous 890,160 897,700 (7,540)-0.84%
Operating transfers 1,026,389 323,790 702,599216.99%
Total operating budget 19,044,532 18,464,162 580,3703.14%
Capital 898,226 1,976,954 (1,078,728)-54.57%
Debt 5,439,287 6,175,758 (736,471)-11.93%
ERF transfers 50,000602,700(552,700)-91.70%
Total non operating budget 6,387,513 8,755,412 (2,367,899)-27.04%
TOTAL BUDGET$ 25,432,045$ 27,219,574$ (1,787,529)-6.57%
12/2/20093
Comparison to other Communities
Municipality20092010%
Rosemount11,281,38011,021,046-2.31
Hastings11,581,47211,581,000 0.00
Inver Grove Hts15,420,97316,097,990 4.39
Farmington9,313,4159,787,532 5.09
South St. Paul 7,053,6077,454,599 5.68
West St. Paul8,745,9749,580,3059.54
12/2/20094
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12/2/2009
Where the $’s are Allocated
ALLOCATION OF LEVY DOLLARS
Other
1%
General
11%
Debt Service
General
25%
Park & Rec.
Park & Rec.
12%
Public Safety
Public Works
Debt Service
Public Works
Other
12%
Enterprise Funds
Public Safety
39%
12/2/20095
Proposed taxes for Residential
Homestead property
20092010
2009City2010City
ValuationTaxValuationTax
Property A200,000997.00186,000977.00
Decrease of 20.00
Property B250,0001,246.00232,5001,221.00
.
Decrease of 25
Property C300,0001,496.00279,0001,465.00
Decrease of 31.
12/2/20096
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12/2/2009
Savings Initiatives
In 2009 voluntary furloughs achieved savings of $82,000.
Employees will be asked to furlough again in 2010. )
(Voluntarily
Cut Standby of Ambulance Service at City wide events.
Delay payment for YMCA support (Cut in half)
New Copier/printer contract
Eliminated Excess Liability Insurance
Refinanced debt
New phone service provider
12/2/20097
Reductions
Decreased budgets for
Forestry
Seasonal Staff in Parks and Public Works
Eliminated Interns
Reduced Overtime
Will do In House work for IT Virtualization project
Will do In House mowing of weeds and billing out to
property owner
Non-union clothing allowance
Eliminated coffee services
12/2/20098
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12/2/2009
Monthly costs for city services.
Public Safety$34.79
?
Debt22.03
?
Parks & Rec.10.07
?
Administration9.67
?
Public Works10.44
?
TRAC.58
?
Total $87.58
Based on a home value of $200,000.00 with no change in value from year to year.
?
12/2/20099
Next steps:
Receive citizens comments.
?
Adopt a final budget at the next
?
meeting, December 21, 2009.
12/2/200910
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