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HomeMy WebLinkAboutItem 06.iLakevttle .■.rte August 4, 2014 Item No. Resolution Amending 2014 General Fund Budget Proposed Action Staff recommends adoption of the following motion: Move to approve the Resolution Amending the 2014 General Fund Budget. Overview Various events have transpired during the year which requires an adjustment to the budget for various City funds. Approval of the resolution authorizes the amendment of the budget to more accurately reflect changes in operations. A detailed explanation of the adjustments is attached to the respective exhibits. Primary Issues to Consider ➢ Affected Funds. Funds recommended to be adjusted include: • Exhibit A: General Fund S u pporting Information Dennis Feller, Fin nce Director Financial Impact: $ See attached budgeted: N/A Source: Various Related Documents (CIP, ERP, etc.): Notes: CITY OF LAKEVILLE RESOLUTION No. RESOLUTION AMENDING THE 2014 GENERAL FUND BUDGET BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the 2014 General Fund budget is hereby approved and amended for the fiscal year ending December 31, 2014 as per Exhibit A as attached hereto. APPROVED AND AMENDED this 4th day of August 2014, by the City Council of the City of Lakeville, Minnesota. CITY OF LAKEVILLE, MINNESOTA Matt Little, Mayor ATTEST: Charlene Friedges, City Clerk 2014 GENERAL FUND BUDGET Revenues General property taxes Licenses and permits Intergovernmental Charges for services Court fines Investment income Miscellaneous Total revenues Expenditures Mayor and Council Committees and Commissions City administration City Clerk Legal counsel Planning Community and econ. development Inspections General government facilities Finance Information systems Human resources Insurance Police Fire Engineering Streets Parks Recreation Heritage Center Arts Center Other Total expenditures Excess (deficiency) of revenues over expenditures Other financing sources (uses) Transfer from other funds Transfer to other funds Total other financing sources (uses) Net change in fund balance Fund balance, January 1 Committed Fund Balance Fund balance, December 31 2014 2014 Adopted 2014 Amended Budget Adjustment Budget N OTES $ 16,794,367 $ - $ 16,794,367 1,947,676 - 1,947,676 608,401 - 608,401 2,156,037 - 2,156,037 274,590 - 274,590 44,413 - 44,413 61,461 - 61,461 21,886,945 - 21,886,945 97,021 - 97,021 62,794 - 62,794 403,228 6,207 409,435 (1) 184,724 1,623 186,347 (1) 82,351 - 82,351 427,787 5,747 433,534 (1) 295,953 4,068 300,021 (1) 851,202 10,056 861,258 (1) 417,452 3,009 420,461 (1) 626,703 11,093 637,796 (1) 490,633 4,555 495,188 (1) 351,013 4,166 355,179 (1) 289,075 - 289,075 8,921,850 96,424 9,018,274 (1) 1,431,615 6,553 1,438,168 (1) 904,728 7,190 911,918 (1) 2,738,702 20,837 2,759,539 (1) 2,235,675 16,105 2,251,780 (1) 584,240 5,529 589,769 (1) 78,774 537 79,311 405,068 3,322 408,390 (1) 303,497 (151,607) 151,890 (1) 22,184,085 55,414 22,239,499 (297,140) (55,414) (352,554) 759,814 - 759,814 759,814 - 759,814 462,674 (55,414) 407,260 8,634,300 1,032,260 9,666,560 (2) 45,000 - 45,000 $ 9,096,974 $ 976,846 $ 10,073,820 General Fund Schedule of Revenues and Other Financing Sources (Uses) 2014 2014 Adopted 2014 Amended Budget Adjustment Budget NOTES General property taxes Ad valorem taxes - current $ 14,631,396 $ 14,631,396 Ad valorem taxes - delinquent 178,840 178,840 Fiscal disparities 1,904,664 1,904,664 Penalties and interest 14,800 14,800 Manufactured home tax 45,200 45,200 Graveltax 19,467 19,467 Total general property taxes 16,794,367 - 16,794,367 General Fund Schedule of Revenues and Other Financing Sources (Uses) Licenses and permits Licenses Tobacco Trash removal Dog Signs On -sale liquor Sunday liquor Club license Non - intoxicating liquor on Non - intoxicating liquor off Wine Tree removal Fireworks Massage Miscellaneous Total licenses Permits Plan review fees Building Plumbing Water /sewer Mechanical Grading /filling Excavating /gravel Driveway Zoning Right -of -way Fire burning Electrical Miscellaneous Total permits 2014 Adopted Budget $ 9,600 3,750 15,487 5,100 122,200 4,200 500 1,550 975 2,000 1,275 1,550 1,875 2,550 172,612 399,178 1,018,205 78,685 36,843 84,834 450 1,775 700 3,800 44,600 1,050 104,444 500 1, / /S,U64 $ 9,600 3,750 15,487 5,100 122,200 4,200 500 1,550 975 2,000 1,275 1,550 1,875 2,550 172.612 399,178 1,018,205 78,685 36,843 84,834 450 1,775 700 3,800 44,600 1,050 104,444 500 1,775,064 NOTES Total licenses and permits 1,947,676 - 1,947,676 2014 2014 Amended Adjustment Budget $ 9,600 3,750 15,487 5,100 122,200 4,200 500 1,550 975 2,000 1,275 1,550 1,875 2,550 172,612 399,178 1,018,205 78,685 36,843 84,834 450 1,775 700 3,800 44,600 1,050 104,444 500 1, / /S,U64 $ 9,600 3,750 15,487 5,100 122,200 4,200 500 1,550 975 2,000 1,275 1,550 1,875 2,550 172.612 399,178 1,018,205 78,685 36,843 84,834 450 1,775 700 3,800 44,600 1,050 104,444 500 1,775,064 NOTES Total licenses and permits 1,947,676 - 1,947,676 General Fund Schedule of Revenues and Other Financing Sources (Uses) NOTES 2014 2014 Adopted 2014 Amended Budget Adjustment Budget Intergovernmental State -aid police $ 349,747 $ 349,747 State -aid fire relief 213,067 213,067 State -aid pensions 21,303 21,303 State POST Board grant 17,604 17,604 State Police protective vests grant 2,100 2,100 State snowmobile trail maint. grant 200 200 Other grants 4,380 4,380 Total intergovernmental 608,401 - 608,401 NOTES General Fund Schedule of Revenues and Other Financing Sources (Uses) Public safety 2014 2014 Police department charges Adopted 2014 Amended SRO - ISD 194 contributions Budget Adjustment Budget NOTES Charges for services 3,525 3,525 General government 7,738 7,738 Rezoning fees $ 1,500 $ 1,500 Platting fees 10,000 10,000 Variance fees 1,500 1,500 PUD application fees 1,500 1,500 CUP fees 4,600 4,600 Home occupation fees 200 200 Planner fees 40,000 40,000 Inspection department fees 22,265 22,265 General government service charge 2,248 2,248 Tree escrow fund administration 500 500 Lodging tax fee 8,770 8,770 Fiscal Agent - Dakota Comm. Ctr. 64,945 64,945 Fiscal Agent - Arenas 32,000 32,000 Investment management fees 30,000 30,000 Sale of maps /copies 700 700 Finance charges 595 595 Total general government 221,323 - 221,323 Public safety Police department charges 148,591 148,591 SRO - ISD 194 contributions 172,023 172,023 Animal pickup 3,525 3,525 Animal storage 7,738 7,738 Animal rabies 2,700 2,700 Restitution 200 200 Forfeiture - sale of assets 42,000 42,000 Fire contracts 36,250 36,250 Fire department charges 600 600 ALF Ambulance - admin. charge 4,691 4,691 Total public safety 418,318 - 418,318 General Fund Schedule of Revenues and Other Financing Sources (Uses) Charges for services (continued) 2014 2014 Adopted 2014 Amended Budget Adjustment Budget NOTES Public works Engineering platting - preliminary Engineering platting -final Engineering plan review Engineering developer insp. fees Engineering developer cont. admin. Engineering Imp. Proj. design variable Engineering Imp. Proj. const. inspect. Engineering street reconstruction projects Engineering G.I.S. fees Special assessment admin. charge Special assessment searches Document /map sales Bid plan /spec. deposits Street department charges Credit River - Judicial Road maint. Developer street signs installation Total public works Parks, recreation and arts center Brochure advertising Youth activities Youth sport surcharge Youth special events Youth special events donations Adult activities Puppet wagon donations Safety Camp Safety Camp donations Senior Center donations Senior Center excursions Ritter Farm Park ELC Excursions Tennis lessons Total recreation programs Park rental /maint. /tournament fees Tree sales (net) Senior Center membership surcharge Senior Center Punchcard Senior Citizen Club Fundraising Senior /Heritage Center rentals Total parks and recreation $ 20,870 $ 20,870 8,000 8,000 7,000 7,000 18,000 18,000 352,000 352,000 112,922 112,922 127,037 127,037 160,000 160,000 24,000 24,000 66,688 66,688 1,500 1,500 250 250 100 100 14,450 14,450 2,700 2,700 14,000 14,000 929,517 - 929,517 8,050 8,050 115,817 115,817 34,000 34,000 14,845 14,845 1,400 1,400 71,752 71,752 3,870 3,870 2,560 2,560 1,100 1,100 1,500 1,500 20,000 20,000 8,818 8,818 7,920 7,920 7,056 7,056 298,688 - 298,688 27,231 27,231 3,100 3,100 21,200 21,200 5,700 5,700 4,000 4,000 10,000 10,000 369,919 - 369,919 General Fund Schedule of Revenues and Other Financing Sources (Uses) 2014 Adopted 2014 Budget Adjustment Charges for services (continued) Parks, recreation and arts center (continued) Arts center program fees $ 72,250 Arts center on -sale 3,400 Arts center rental /event admissions 141,310 Total arts center 216,960 Total parks, recreation and arts center 586,879 Total charges for services 2,156,037 Court fines 274,590 Investment income 44,413 Miscellaneous Disposal of assets 8,875 Park rental farming 100 Donations 5,500 Antenna site leases 46,986 Total miscellaneous 61,461 Other financing sources (uses) - Transfers Special Revenue From Communications Fund 122,654 Enterprise From Liquor Fund 159,323 From Utility Fund 429,282 Internal Service From Municipal Reserve Fund 48,555 Total other financing (net) 759,814 2014 Amended Budget NOTES $ 72,250 3,400 141,310 216,960 586,879 - 2,156,037 274,590 44,413 8,875 100 5,500 46,986 122,654 159,323 429,282 48,555 759,814 General Fund Schedule of Expenditures 2014 2014 Adopted 2014 Amended Expenditures Budget Adjustment Budget NOTES Mavor and Council Personnel services $ 49,740 $ 49,740 Commodities 50 50 Other charges and services 47,231 47,231 Total 97,021 - 97,021 Committees /Commissions Personnel services 49,884 49,884 Commodities 1,530 1,530 Other charges and services 11,380 11,380 Total 62,794 - 62,794 Citv administration Personnel services 388,671 6,207 394,878 (1) Commodities 1,052 1,052 Other charges and services 13,505 13,505 Total 403,228 6,207 409,435 City Clerk Personnel services 112,724 1,623 114,347 (1) Commodities 1,686 1,686 Other charges and services 70,314 70,314 Total 184,724 1,623 186,347 Legal counsel 427,787 5,747 433,534 Other charges and services 82,351 82,351 Plannine Personnel services 406,183 5,747 411,930 (1) Commodities 2,573 2,573 Other charges and services 17,086 17,086 Capital outlay 1,945 1,945 Total 427,787 5,747 433,534 Community and economic development Personnel services 261,480 4,068 265,548 (1) Commodities 192 192 Other charges and services 34,281 34,281 Total 295,953 4,068 300,021 Inspection Personnel services 649,227 10,056 659,283 (1) Commodities 11,901 11,901 Other charges and services 167,614 167,614 Capital outlay 22,460 22,460 Total 851,202 10,056 861,258 (continued) General Fund Schedule of Expenditures Expenditures (continued) General government facilities Personnel services Commodities Other charges and services Capital outlay Total Finance Personnel services Commodities Other charges and services Total Information systems Personnel services Commodities Other charges and services Total Human resources Personnel services Commodities Other charges and services Capital outlay Total Insurance Other charges and services Police Personnel services Commodities Other charges and services Total Fire Personnel services Commodities Other charges and services Total 2014 2014 Adopted 2014 Amended Budget Adjustment Budget NOTES $ 196,686 $ 3,009 $ 199,695 (1) 22,339 22,339 197,652 197,652 775 775 417,452 3,009 420,461 549,882 11,093 560,975 (1) 4,024 4,024 72,797 72,797 626,703 11,093 637,796 307,362 4,555 311,917 (1) 5,847 5,847 177,424 177,424 490,633 4,555 495,188 264,704 4,166 268,870 (1) 1,609 1,609 82,099 82,099 2,601 2,601 351,013 4,166 355,179 289,075 6,945,066 347,025 1,629,759 1,044,462 132,484 254,669 1,431,615 289,075 96,424 7,041,490 347,025 1,629,759 96,424 9,018,274 6,553 1,051,015 132,484 254,669 6,553 1,438,168 (1) (1) (continued) General Fund Schedule of Expenditures Streets Personnel services 1,672,427 20,837 1,693,264 (1) Commodities 787,830 787,830 Other charges and services 278,445 278,445 Total 2,738,702 20,837 2,759,539 Parks Personnel services 2014 16,105 1,525,215 (1) 2014 254,394 Adopted 2014 Amended Expenditures (continued) Budget Adjustment Budget NOTES Engineering 2,235,675 16,105 2,251,780 408,390 Personnel services $ 745,746 $ 7,190 $ 752,936 (1) Commodities 10,542 (151,607) 10,542 Other charges and services 69,652 - 69,652 Capital outlay 78,788 (151,607) 78,788 Total 904,728 7,190 911,918 Streets Personnel services 1,672,427 20,837 1,693,264 (1) Commodities 787,830 787,830 Other charges and services 278,445 278,445 Total 2,738,702 20,837 2,759,539 Parks Personnel services 1,509,110 16,105 1,525,215 (1) Commodities 254,394 254,394 Other charges and services 470,177 470,177 Capital outlay 1,994 1,994 Total 2,235,675 16,105 2,251,780 Recreation Personnel services 335,988 5,529 341,517 (1) Commodities 26,404 26,404 Other charges and services 221,848 221,848 Total 584,240 5,529 589,769 Heritage Center Personnel services 28,055 537 28,592 (1) Commodities 1,846 1,846 Other charges and services 48,873 48,873 Total 78,774 537 79,311 Arts Center Personnel services 245,173 3,322 248,495 (1) Commodities 13,205 13,205 Other charges and services 146,690 146,690 Total 405,068 3,322 408,390 Contingency Personnel services 198,497 (151,607) 46,890 Other charges and services 105,000 - 105,000 Total 303,497 (151,607) 151,890 Exhibit A 2014 GENERAL FUND BUDGET AMENDMENT NOTES (1) Increase personnel cost for the 2014 COLA Contingency (151,607) City Administration 6,207 City Clerk 1,623 Finance 11,093 Information Systems 4,555 Human Resources 4,166 Planning 5,747 Economic Development 4,068 Inspections 10,056 General Government Facilities 3,009 Police 96,424 Fire 6,553 Engineering /GIS 7,190 Streets 20,837 Parks 16,105 Recreation 5,529 Heritage Center 537 Arts Center 3,322 Decrease in Fund Balance 55,414 (2) Adjust the budgeted (estimated) January 1, 2014 Fund Balance to reflect the actual January 1 Fund Balance Actual Fund Balance, January 1, 2014 9,666,560 Budgeted Fund Balance, January 1, 2014 8,634,300 Increase Fund Balance, January 1, 2014 1,032,260 Page 11