HomeMy WebLinkAboutItem 07Date December 19, 2011 Item No.
Resolutions Adopting 2012 Budget
Proposed Action
Staff recommends adoption of the following motion: Mo to approve the Resolution Adopting
the 2012 Budget.
Approved of the motion adopts the 2012 budget.
Overview
The City Council approved the preliminary 2012 budget on September 6. The budget was
presented and discussed at the Truth in Taxation hearing on December 5. The attached
Resolution is consistent with the discussions at the Truth in Taxation hearing.
Primary Issues to Consider
• Changes to the budget since September 6 are shown on the attachment.
Supporting Information
Budget Adjustments subsequent to September 6.
Den e (er. Fi ance Director
Financial Impact: $ budgeted: Source: Va funds
Related Documents (CIP, ERP, etc.): _
Notes:
CITY OF LAKEVILLE
RESOLUTION No.
RFSOLUTION APPROVING THE 2012 BUDGET
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the
following 2012 budget, a copy of which is on file in the Finance Directors Office, is
hereby approved and adopted.
Fund /Department
Revenues
Expenditures
General F und
General property taxes
$ 16,153,641
Licenses and permits
972,953
intergovernmental revenue
646,267
Charges for services
1,526,681
Court fines
279,301
Investment income
91,795
Miscellaneous
58,857
Transfers from other funds
680,253
Mayor and Council
$ 94,724
Committees /Commissions
66,403
City administration
321,527
City Clerk
179,068
Legal counsel
65,132
Planning
343,905
Community and econ. development
300,178
Inspection
775,986
General government facilities
485,805
Finance
614, 709
Information systems
482,719
Human resources
361.001
Insurance
223,275
Police
8,619,053
Fire
1,353,848
Engineering
728,506
Streets
2,576,134
Parks
2,188,320
Recreation
599,246
Arts Center
445.355
Other
104,000
Total General Fund
20,409,748
20,928,894
(continued)
RESOLUTION APPROVING THE 2012 BUDGET (continued)
Enterprise
Debt /Capital
Fund /Department Revenues Expenditures Improvements
Special Revenue Funds
Communications
Economic Development
D ebt S ervice Funds
Special Assessments
Property Taxes
State -aid
Tax Increment
Water Revenue
Arena Revenue.
HRA Lease Revenue
Capital Prp jects Fun
Municipal state -aid
Pavement Management
Improvement Construction
Building
Equipment
Park Dedication
Trail
Stonn Sewer
Water
Sanitary Sewer
Tax Increment
Internal Service - Municipal Reserves Fund
Internal Service - Compensation Liability
Enterprise - Liquor Fund
Enterprise - Utility Fund
Grand Total
612,145 684,077
2,902 -
1,474,929 1,152,467
4,415,209 4,840,581
831,482 831,822
753,010 602,335
1,038,280 1,038,280
198,829 199,181
1,988,566 2,423,259
17,500
1,626,423
1,530,994
6,823,712
6,823,712
745,105
1,224,619
1,729,365
1,463,303
369,804
570,000
l (W00
158,381
430,490
346.010
1,021,565
1,198,893
202,393
102,000
226,595
208,509
366,217
393,747
106,735
13,639
14,981,513
15,953,688
166,000
8,699,075
8,081,458
2,493,248
S 69,081.592
S 70,769,849
$ 2,659,248
APPROVED AND ADOPTED this 19th day of December 2011 by the City Council of
the City of Lakeville, Minnesota.
CITY Or° LAKEVILLE, MINNESOTA
ATTEST:
By:
Mark Bellows, Mayor
Charlene Friedges, City Clerk
Exhibit A
Budget Adjustments
A of December
2011 2012 2013
ESTIMATE ESTIMATE ESTIMATE
GENERALFUN
ADJUSTED GENERAL FUND SUMMARY
Revenues as adjusted
Expenditures as adjusted
Net Increase /(Decrease)
Beginning Fund Balance as adjusted
Ending Fund Balance as adjusted
Fund Balance as a Percentage of Expenditures
20,835,667
20,409,748
21,152,582
20,594,951
20,928,894
21,109,348
240,716
(519,146)
43,234
9,395,928 9,636,644 9,117,498
9,636,644 9,117,498 9,160,732
47% 44% 43%
REVENUES
GENERAL PROPERTY TAXES
(1) Eliminate partnership with Greater NISP (25,000) (25,000)
(2) Transition electrical inspections to contractor (31,082) (45,887)
(3) Senior accountant transition (442) (446)
(4) Add Highview Heights ice rink 7,000 7,000
(5)
Fire state aid
(12,883)
(12,883)
(6)
Police state aid
(5,004)
(5,004)
(7)
Reduction in health insurance premiums
(81,178)
(89,295)
(8)
Reduce schools and conferences for Engineering dept
(840)
(840)
(9)
Reduce levy for use of fund balance
(60,234)
(10)
Gravel tax
(8,907)
(11)
Landscape contracts
(14,561)
(14,285)
(12)
Reduce levy for adjustments to 2011 budget
Senior accountant transition
(1,446)
City engineer transition
(30,536)
Fire state aid Page 1
(12,883)
Exhibit A
Police state aid
Gravel tax
Police traffic safety grants
OTHER REVENUES
(1) Increase Fire State Aid to actual
(2) Increase police state aid to actual
(3) Increase police traffic safety grants based on actual
(4) Dakota County - gun range clean up
(5) Gravel tax
TRANSFERIN
(1) Eliminate Liquor Fund transfer for Econ Dev marketing strategy (to be
transferred from Communications Fund)
(2) Transfer from Communications to fund Econ Dev marketing strategy
(previously funded with Liquor transfer)
Total Revenue Adjustments - Increase (Decrease)
Total Expenditure Adjustments - Increase (Decrease)
Net Adjustments to Fund Balance - increase (Decrease)
COMMUNITY AND ECONOMIC DEVELOPMENT
(1) Eliminate Greater MSP partnership
(1) Eliminate electrical inspector position
Wages
Overtime
PERA
FICA
Health insurance
Life insurance
LTD
Dental
Workers comp
Unemployment compensation
Motor fuels
Clothing
Equipment parts
Cell phone
Schools and conferences
2011 2012 2013
ESTIMATE ESTIMATE ESTIMATE
(5,004)
(8,907)
(9,560)
22,858
22,858
22,858
5,004
5,004
5,004
9,560
(6,764)
(26)
(26)
(1,839)
41,272
8,907
8,907
(396)
(396)
(30,000)
(20,000)
(2,213)
30,000
20,000
46,329 (206,303) (177,740)
(21,337 (275,193) (541,957)
67,666 68, 364,2
(25,000) (25,000)
(71,413) (71,413)
(103)
(103)
(5,158)
(5,158)
(5,471)
(5,471)
(6,764)
(6,764)
(26)
(26)
(171)
(171)
(508)
(508)
(396)
(396)
14,716
(2,213)
(2,213)
(160)
(160)
(400)
(400)
(345)
(354)
(408)
(408)
Page 2
Exhibit A
(2) Senior accountant to full time
Wages
2011
2012
2013
PERA
ESTIMATE
ESTIMATE
ESTIMATE
Dues and subscriptions
1,266
(102)
(102)
Electrical license
115
(80)
(2) Contract electrical inspections
47,840
47,840
GENERAL GOVERNMENT FACILITIES
85,700
11,000
(1) Landscaping contracts
(1,599)
(1,513)
FINANCE
(1) Senior accountant transition (new hire 11 -01 -2011)
9,975
9,975
9,975
Wages (including sick and vacation)
(24,219)
(413)
(417)
Severence - vacation
9,197
15,196
PERA
(1,756)
(30)
(30)
FICA
(1,149)
(32)
(32)
Health insurance
(2,275)
Life insurance
(9)
LTD
(60)
(6)
(6}
Dental
(169)
Workers comp
(104)
(3)
(3)
Flex
(32)
42
42
(2) Senior accountant to full time
Wages
16,549
PERA
1,200
FICA
1,266
Workers comp
115
POLICE
(1) Gun range cleanup
85,700
11,000
(2) Landscaping contract
(2,215)
(2,215)
FIRE
(1) Increase Fire State Aid to actual (1305.6045)
9,975
9,975
9,975
(2) Landscaping contract
4,427
4,427
(3) Fire Relief pension obligation
15,196
ENGINEERING
(1) City Engineer Retirement
Wages
(26,840)
PERA
(1,946)
FICA
(327)
Health insurance
(1,138)
Life insurance
(4)
LTD
(48)
Dental
(85)
Workers comp
(134)
Flex
(14)
Page 3
Exhibit A
e ffmwirs
CONTINGENCY
(1) Reduction in health insurance premiums (81,178) (89,295)
(2) Contingency (159,372) (407,299)
(3) Gun range clean up (85,700)
Total Expenditure Adjustments - Increase (Decrease) (21,337 (275,193} (5 41,957)
Page 4
2011
2012
2013
ESTIMATE
ESTIMATE
ESTIMATE
(2)
Reduce Schools and Conferences after further review. Many of the
CEU's can be obtained through the conferences currently listed.
(840)
(840)
(840)
PARKS
(1)
Add Highview Heights ice rink for 2011 -2012 season (to be paid from
contingency)
Overtime
600
925
925
Seasonal wages
670
3,343
3,343
Electrical
190
850
850
Warming house rental
1,000
1,000
Phone service
50
150
150
Other
732
732
(2)
Landscape contracts
(5,335)
(4,083)
RECREATION
(1)
Senior Center landscaping contract
(532)
(1,977)
ART CENTER
Move most of the other contractual costs for technicians and
(1 }
instructors to salaries - temporary (get listing from Human Resources
Manager).
Sound /Light technician
600
1,200
1,300
Sound /Light technician
(600)
(1,200)
(1.300)
Theater technicians
800
1,600
1,600
Theater technicians
(800)
(1,600)
(1,600)
Directors /staff
21,251
29,000
29,000
Directors /staff
(21,251)
(29,000)
(29,000)
Art instructors
7,000
7,000
7,000
Art instructors
(7,000)
(7,000)
(7,000)
Directors /staff
1,680
2,400
2,400
Directors /staff
(1,680)
(2,400)
(2,400)
Pottery instructors
700
7,000
7,000
Pottery instructors
(700)
(7,000)
(7,000)
Miscellaneous instructors
1,250
2,500
2,500
Miscellaneous instructors
(1,250)
(2,500)
(2,500)
CONTINGENCY
(1) Reduction in health insurance premiums (81,178) (89,295)
(2) Contingency (159,372) (407,299)
(3) Gun range clean up (85,700)
Total Expenditure Adjustments - Increase (Decrease) (21,337 (275,193} (5 41,957)
Page 4
Exhibit A
Budget Adjustments
As of December
2011 2012 2013
ESTIMATE ESTIMATE ESTIMATE
Special Revenue - C
(1) Reduce community visioning process (15,000)
(2) Reduce community survey (15,000)
(3) Eliminate City Hall meeting room study (20,000)
(4) Transfer to General Fund for Econ Dev marketing strategy 30,000 20,000
Total Expenditure Adjustments - Increase (Decrease) _ _ (21000) 20,000
Net Changes 20,000 (20,000)
Fund Balance Before Adjustments
843,286
751,353
722,
Fund Balance After Adjustments
843,286
771, 353
722,503
Deb
REVENUES
(1) Property Taxes
Total Revenue Adjustments - Increase (Decrease)
EXPENDITURES
(1) Refund 2001 C State Aid Street Bonds & 2003B Park Refunding
Bonds
Total Expenditure Adjustments - Increase (Decrease)
Net Changes
Fund Balance Before Adjustments
Fund Balance After Adjustments
(8,377) (5,742)
- (8 (5,742
(8,377) (5,742)
(8,377 _ (5,742
4,587,384 4,162,012 4,213,
4,587,384 4,162,012 4,213,76
Page 5
Exhibit A
2011 2012 2013
ESTIMATE ESTIMATE ESTIMATE
Ca pi t a l Pro Fun ds
REVENUES
Improvement Construction Fund
Municipal State Aid Fund
Park Dedication Fund
Total Revenue Adjustments - Increase (Decrease)
County Road 70/1 -35 Interchange - Final
County Road 60 /Cty Rd 50 improvements
Dodd Blvd: 183rd - Hayes
Dodd Blvd: County Road 70 - Scott County
Trail: 185th: Jamaica - Ipava
Total Expenditure Adjustments - Increase (Decrease)
1,726,950 (6,800)
(760,815) 1,280,450
(90,428)
966,135 1,183,2
2,675,809
(225,000)
(760,815) 1,406,250
99,200
X 0_428)
2,675 ,809 ____J 769,815 1.190,022
CAPITAL PROJECTS - BUILDING FUND
REVENUES
(1) Cable TV Fund -City Hall cooling unit (Move to 2011 16,031 (16,031)
T GYai Rever UE AdJUSYrnenY5 - increase (Decrease) ___ S, ^ v3 i _ (i 6,u3 i )
(1) Move Administrative office project to 2012
(19 Q0001
— 190,000
Total Expenditure Adjustments - Increase (Decrease)
(190 1 000)
190,000
—
Net Changes
206,031
(190,000)
(16,031)
Fund Balance Before Adjustments
645,855
166,341
8 8,696
Fund Balance After Adjustments
851,886
182,372
88,
CAPITAL PROJECTS - EQUIPMENT FUND
REVENUES
(1) Push transfer from Liquor Fund for showmobile to 2013
-
11 0,068 )
1 10,068
Total Revenue Adjustments - Increase (Decrease)
(110,068)
1 10,068
Page 6
Exhibit A
Budget Adjustments
As of December 5, 201 0
2011 2012 2013
ESTIMATE ESTIMATE ESTIMATE
Utility Fund - Water
EXPENSES
(1) Landscape contract
(2) Water main replacement
Total Expense Adjustments - Increase (Decrease)
Net Changes
Working Capital Before Adjustments
Working Capital After Adjustments
(1,359) (904)
_ 912,000
910,641 (904)
(910,641) 904
6,842,851 6,259,612 _ 6_,421,113
6,842,851 5,348,971 5,511,376
Utility Fund - S'anitary Sewer
EXPENSES
0 ) Increase MCES disposal fees as a result of a correction in metering_ of
sewer flows and MCES letter dated November 6, 2011.
(2) Landscape contract
Total Expense Adjustments - Increase (Decrease)
Net Changes
Working Capital Before Adjustments
Working Capital After Adjustments
66,416 66,416
(397)
(358)
66,0
66 ,058
(66,019)
(66,058)
_2,624, 2,383,556
2,387,164
2,624,457 2,317,537
2,255,087
Page 7
Exhibit A
Budget Adjustments
As of • 1
2011 2012 2013
ESTIMATE ESTIMATE ESTIMATE
Utility ®: Envir ® f: ®. e
REVENUES
(1) Reduce recycling grant to estimated
Total Revenue Adjustments - Increase (Decrease)
EXPENSES
(1) Advertising in park and recreation brochure
(2) City wide recycling
(3) Promotional items
Total Expense Adjustments - Increase (Decrease)
Net Changes
Working Capital Before Adjustments
Working Capital After Adjustments
(1,09 (2,03
(1,096 (2,031)
975
975
975
100
100
100
(1,075)
(2,171)
(3,106)
(1,09 (2 031)
556,448 _ 492,580 _ 562,682
556,448 492,580 562,682
Li quo r
EXPENSES
(1) Eliminate capital outlay for land acquisition
INTERFUND TRANSFERS
(1) To match General Fund Transfer In
(2) Eliminate transfer to General Fund for Econ Dev marketing strategy
(to be funded by Communications)
(3) Transfer to equipment fund for showmobile pushed to 2013
(4) Landscaping contract
Total Expense Adjustments - Increase (Decrease)
Net Changes
Working Capital Before Adjustments
Working Capital After Adjustments
(2,800,000)
1,519 2,276 (1,004)
(30,000) (20,000)
(110,068) 110,068
(1,249) (1,249)
1,519 (2,939 ,041) 87 ,815
(1,519) 2,939,041 (87,815)
5,939,521 1,972,107 1 929
5,938,002 4,909,629 4
Page 8
Exhibit A
2011 2012 2013
ESTIMATE ESTIMATE ESTIMATE
Compensated Liability
REVENUES
(1) None
Total Revenue Adjustments - Increase (Decrease)
EXPENSES
(1) Adjustment for actual benefits paid out in 2011
Engineer - Severance /PTO
Engineer - FICA
Total Expense Adjustments - Increase (Decrease)
Net Changes
Working Capital Before Adjustments
Working Capital After Adjustments
32,078
2,454
34,532
(34,532) - -
820,579 913.675 _ 1,005,987
786,047 879,143 971,455
Page 9