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HomeMy WebLinkAboutItem 07 20 2 015  201 Pre 5 Pr D lim A rop Decem 1       ina   And   ose             mber 2 ry T ed B 2014 Tax  Budg Lev get vy  2 Table of Contents             Pages         A. Tax Levy          4 ‐ 6  B. Operations       General Fund  (Summary)         7 ‐ 12   Special Revenue Funds         o Communications Fund                   14 ‐ 15     o Economic Development                   16 ‐ 17  C. Debt                      19 ‐ 23    D. Capital Projects Funds         (Financed by Property taxes and other revenues)              Transportation  o Municipal State‐Aid      25 ‐ 26   o Pavement Management      27 – 28  o Improvement Construction     29 – 30   Storm Sewer Trunk              31   Water Trunk        32 – 33   Sanitary Sewer Trunk            34   Trails         35 ‐ 36   Parks         37 – 38   Tax Increment        39 ‐ 40   Facilities         41 ‐ 42   Equipment         43 ‐ 45    E. Enterprise Funds   Liquor         47 – 50   Overall         51 ‐ 52   Water Operation        53 ‐ 55   Sewer Operation          56 ‐ 58   Street Lights        59 ‐ 60   Environmental Resources       61 ‐ 63   Five Year Capital Improvements – Water/Sewer    64 ‐ 66  F. Internal Services – Municipal Reserve      68 ‐ 69  G. Appendix   General Fund  o Statement of Proposed Revenues and Expenditures 71 – 81   Personnel  o Schedule of Employees     82 ‐ 84    Equipment Fund   Equipment  Budgeted    85 – 94  Equipment  Non‐financed    95 – 98    Building Fund   Maintenance Budgeted                99 ‐ 102  3     PRELIMINARY    2015    PROPERTY    TAXES    4 PRELIMINARY 2015 PROPERTY TAXES    The City Council, at its September 15 meeting, approved a 2015 Preliminary Tax Levy of  $24,959,186.      Staff provided a 2015 Proposed Budget at the September 22 City Council works session which  allocated the 2015 Preliminary Tax Levy for various purposes based on the premise there would  be no new personnel or long‐term financing for major maintenance.   As such, the 2015  Preliminary Tax levy had a resultant “Undesignated” balance of $286,861.    The 2015 Preliminary Tax levy, as of December 1 is therefore as shown below.    Preliminary Revised September 22 Adjustment December 1 Debt Street improvements 3,393,258                 3,393,258                Police Station 678,478                    678,478                   Central Maintenance Facility 911,081                    911,081                   Ice Arena 314,505                    314,505                        Total Debt Levy 5,297,322                 5,297,322                General Fund 17,838,233               7,244                   17,845,477              Pavement Management Fund 1,191,550                 1,191,550                Equipment Fund 300,000                     ‐                      300,000                   2015 Street Reconstruction 50,000               50,000                      Building Fund 51,000               51,000                      Trail Fund 45,200                      33,000               78,200                            Subtotal 24,672,305              141,244             24,813,549              General Fund Property tax refund (TIF #17)‐                              (85,000)                (85,000)                    Undesigned 286,881                     (286,881)               ‐                                  Total tax levy 24,959,186$          (230,637)$         24,728,549$        Purpose     5 The 2015 Preliminary Tax levy is a $1,070,553 (4.5%) increase over the 2014 Tax Levy.        As of December 2014 2015 TOTAL % Debt Street improvements 3,029,063             2,913,093             (115,970)             ‐0.5% 2014 Street Reconstruction 480,165                480,165             2.0% Police Station 677,113                678,478                1,365                 0.0% Central Maintenance Facility 932,906                911,081                (21,825)               ‐0.1% Ice Arena 315,325                314,505                (820)                   0.0%      Total Debt Levy 4,954,407             5,297,322             342,915             1.4% General Fund 16,802,864           17,845,477           1,042,613          4.4% Pavement Management Fund 1,205,350             1,191,550             (13,800)               ‐0.1% Parks 350,175                (350,175)             ‐1.5% Equipment Fund 300,000                300,000                 ‐                      0.0% Building Fund ‐                         51,000                   51,000               0.2% 2015 Street Reconstruction 50,000                   50,000               0.2% Trail Fund 45,200                   78,200                   33,000               0.1%       Subtotal 23,657,996           24,813,549           1,155,553          4.9% Property tax refund (TIF #17)‐                         (85,000)                 (85,000)               ‐0.4%       Total tax levy 23,657,996$        24,728,549$        1,070,553$       4.5% Purpose Increase/(Decrease) 6 Property Tax Base  The tax base for 2015 – not adjusted for tax increment or fiscal disparities – will increase  approximately 2.7% as a result of new construction as shown below.    Pay Market New USG Class 2015 Total Conditions Construct. A - Residential 46,666,194 5,621,083 4,344,638 1,276,445 B - Commercial 10,164,447 101,415 1,600 99,815 C - Industrial 2,751,232 9,610 (2,510) 12,120 D - Utility 150,132 - - F - Agricultural 714,179 23,199 14,914 8,285 F5 - Rural Vacant 68,240 4,517 4,517 G - Cabins 8,137 661 661 J - Apartments 1,663,648 195,423 65,515 129,908 K - Railroads 95,944 - - P - Personal Property 866,854 3,230 3,230 - Totals 63,149,007 5,959,138 4,432,565 1,526,573 Increase in tax base 2.7% Tax Capacity Values Increase/(decrease) due to: Tax Base Real Estate & Personal Properties Values   Lakeville also has four tax increment districts which will expire in 2014 thereby contributing  another $467,301 (.8%) to the tax base.  7           GENERAL    FUND     8 GENERAL FUND    Fund Description    The General Fund accounts for all revenues and expenditures necessary to provide a full  range of services, including general government administration, community and economic  development, public safety, public works, and parks and recreation.  The following is a  summary of the proposed 2015 budget:    2013  Actual 2014  Amended  Budget 2014 Estimate 2015  Proposed  Budget Increase / (Decrease) Revenues General property taxes 15,964,728 16,794,367 16,826,757 17,811,502 1,017,135  Licenses and permits 2,087,937   1,947,676 1,951,991 1,968,416 20,740        Intergovernmental revenues 797,372       608,401     735,034    827,661      219,260      Charges for services 2,037,504   2,156,037 2,170,999 2,939,577 783,540      Court fines 219,535       274,590     209,716    288,001      13,411        Investment income (27,206)        44,413       40,376      40,376        (4,037)         Miscellaneous 93,913         61,461       77,468      46,145        (15,316)       Transfer from other funds 715,297       759,814     757,755    809,935      50,121        Total revenues 21,889,080 22,646,759 22,770,096 24,731,613 2,084,854  Expenditures General government 4,213,468   4,662,268 4,729,305 4,728,926 66,658        Public safety 10,118,082 10,528,702 10,646,011 10,899,533 370,831      Public works 3,766,947   3,696,285 3,915,694 4,279,062 582,777      Parks and recreation 3,214,191   3,352,244 3,391,609 3,566,080 213,836      Transfer to other funds ‐              ‐             ‐             727,000      727,000      Total expenditures 21,312,688 22,239,499 22,682,619 24,200,601 1,961,102  Net Increase/(Decrease) 576,392       407,260     87,477      531,012      123,752      General Fund Schedule of Revenues, Expenditures and Changes in Fund Balance    Details are provided on pages 71‐ 81.      9 Uses of Funds (expenditures)    Significant changes in 2015 operations are as follows:    General Government  o Pan‐O‐Prog: Police overtime  o City Clerk:  No elections or referendums  o Finance/Human Resources:  Funds set aside for new position to be determined by new  City Administrator  o Information Technology:  PCI compliance   o Human Resources: PERA rate increases  o Human Resources: wage adjustments  o Human Resources: heath care premiums  o Facilities: utility increases  o Insurance: Premium increases    Public Safety  o Police: NEW officer position effective June 1, 2015  o Police: Dakota Communications Center cost increase  o Police: Forensic computer projects  o Police: Police Reserve recruitment  o Fire: NEW Assistant Fire Chief (May 1, 2015) and duty crews (September 1, 2015)  o Fire: rookie volunteer fire fighters    Public Works  o Engineering traffic counts  o Public Works Administration/Engineering re‐organization  o Public Works Administration: new Senior Construction Representative  o Streets: snow and ice removal cost adjustments    Parks and Recreation  o Parks: facility and systems maintenance  o Parks: Pioneer Plaza improvements  o Recreation:  Software replacement    Operations – Staffing  1. Fire – Asst. Chief and Duty Crews  $93,820  2. Human Resources – Admin Asst.  $22,270  3. Police Officer (6/1/15)     $46,558  4. Finance       $19,271    Operations – Other  1. Other       ($142,948)  2. Fire Relief – pensions     $     2,150  3. Parks – Major maintenance    $   26,300  Parks major maintenance increase is to finance tree trust labor and materials, address bleacher  safety issues at Quigley Sime, joint venture with community organizations to repair benches in 3  parks.  10 Sources of Funds    Property taxes provide the largest revenue source for operations.   The following is a summary  of changes:  2015 Proposed Increase / Revenue Sources Budget (Decrease) General property taxes 17,811,502$                1,017,135$              Charges for services 2,939,577                    783,540                   Intergovernmental 827,661                        219,260                   Transfer from other funds 809,935                        50,121                     Licenses and permits 1,968,416                    20,740                     Court fines 288,001                        13,411                     Investment income 40,376                          (4,037)                      Miscellaneous 46,145                          (15,316)                            Total Revenue Sources 24,731,613$                2,084,854$                Fund Balance    The Fund Balance Policy states “The City will endeavor to maintain an unrestricted (committed,  assigned and unassigned) fund balance in the General Fund of an amount not less than 40% and  not greater than 50% of the next year’s budgeted expenditures of the General Fund.”    The fund balance represents the amount of funds required to operate during the first six  months of the year.  The City’s most significant revenue sources – taxes and intergovernmental  revenue – do not provide appreciable revenues until the second half of the year.     A healthy financial position also allows the City to avoid volatility in tax rates; helps minimize  the impact of State funding changes; allows for the adequate consistent funding of services,  repairs and unexpected costs; and can be a factor in determining the City’s bond rating and  resulting interest costs.   Proposed 2015 Budget Revenues and other sources 24,731,613$   Expenditures (23,473,601)        Net 1,258,012           Transfers to Other Funds (727,000)             Fund Balance, January 1 (estimated) 9,754,037           Fund Balance, December 31 (estimated) 10,285,049$    Ratio: Fund balance to expenditures 43.8%  See appendix page 71.  11   The proposed budget recommends transferring $727,000 to the Equipment Fund along with  other one‐time transfers that will facilitate the long‐term financing structure for the Equipment  Fund.   The General Fund transfer is the result of the 2013 operating results exceeding budget  estimates.    2014 Unencumbered Fund Balance  The General Fund has an estimated 2014 ending fund balance of $9,760,650.  Staff is  recommending that when the actual 2014 ending fund balance is determined the  unencumbered balance in excess of $9,760,650 is to be appropriated as follows:    1. First $85,000 to Park Improvement Fund for Land of Amazement   2. Second $100,000 appropriated to:  The City share of cost of the 2015 Street Reconstruction project in order to reduce debt  financing, future interest costs and future tax levies.    3. Next $300,000 be appropriated (prorated) as follows:  a. 2015 Equipment Fund (non‐funded equipment) to improve efficiencies such as reduced  operating costs, enhanced quality services and/or improved productivity.  Maximum Allot  i. Police  $65,000 21.7%  ii. Fire  $25,000 8.3%  iii. Streets  $38,000 12.7%  iv. Parks  $22,000 7.3%    b. Park Improvement Fund (New)  i. Parks  $150,000 50.0%  (i.e. Land of Amazement)  4. Remaining unencumbered balances appropriated to:  The City share of cost of the 2015 Street Reconstruction project in order to reduce debt  financing, future interest costs and future tax levies.  Other Financial Information    Issuance of building permits for single family residential is down approximately 20% from 2013  levels.  Projections for 2015 new construction of single family dwellings have been reduced to  300 units.  The average value of a residential dwelling is currently approximately $345,000  which is a 7% increase from the prior year.    Commercial and industrial construction is increasing; permits will be issued in the coming year  for BTD and Fed Ex.    Inspections is not requesting any new staff for the coming year, however, if construction  activity increases above the levels discussed above, additional staffing will be requested to  meet service level expectations.  12 Major Maintenance – Parks    The following is the five year plan for major maintenance of parks accounted for in the General  Fund:  2015 2016 2017 2018 2019 Routine Maintenance Tree Trust/Project materials 8,500$ -$ -$ -$ -$ Eagle Scout project materials 5,300 Tree plantings/replacement - - - - - Picnic table construction 4,175 1,475 4,000 4,000 STS labor 16,225 16,225 16,500 16,500 16,500 McGuire: Replace rubber floor 1,900 Replace furnace 1,300 Reshingle WH 3,800 Meadows-reshingle roof 3,900 Meadows-WH furnace replacement 1,300 Michaud Park-replace carpet 2,200 Bunker Hill-reshingle shelter 5,000 Orchard Lake-reshingle shelter 3,500 Dakota Heights-WH furnace replacement 1,300 Antlers-privacy fence replacement 8,500 Antlers-reshingle B&C 7,000 Cherryview WH-reshingle 3,800 Dakota Heights-rubber floor replacement 1,900 Meadows-rubber floor replacement 1,900 Prairie Lake-replace carpet w/rubber floor 4,000 Foxborough-ID sign replacement 4,000 Bench replacement 1,200 Replacement - Reconstruction Bench replacement 12,500 Resurface basketball/tennis courts 24,350 Casperson-reshingle building/two shelters 13,500 Aronson-safety netting Fields #1-4 17,000 Greenridge-rink end-board replacement 2,000 Cherryview-rink end-board replacement 2,000 Dodd Pointe-overlay BB court 5,000 Oak Shores-BB/tennis court reconstruction 42,700 Meadows-BB court reconstruction 7,850 Pioneer Plaza 37,000 Community Partnerships Field improvements/maintenance 10,000 6,500 6,500 6,500 Total Major Maintenance $ 122,500 $ 59,200 $ 59,200 $ 59,200 $ 59,200 GENERAL FUND Parks - Major Maintenance 13       SPECIAL     REVENUE    FUNDS  14 COMMUNICATIONS FUND    Fund Description    The Communications Fund accounts for franchise fees from cable TV operations.  Expenditures and other financing uses are used to finance the City’s Cable TV and Public  Communications functions, including long‐term replacement of equipment.      Uses of Funds    The Communications Fund finances the operations of the Communications Department which  is responsible for the City’s primary sources of information and communication including City  newsletter, City website, and Lakeville Government Television (cable channel 16).  The  Communications Department also manages the Lakeville Access Television (cable channel 12).   The department’s mission is to provide information regarding municipal programs and services  in a quality and cost‐effective manner that engages the community and enhances the City’s  image locally, regionally, and nationally.    The proposed budget is premised on the assumption the annual net revenues (after finance  current operations) can and will be appropriated to financing services such as streets, police,  fire and parks with franchise fees in lieu of a correspond property tax levy.       Sources of Funds    Franchise fees are the primary source of revenues ($610‐655,000 per year) for the  Communications Fund.  The fund also collects approximately $54,500 per year of Education and  Government (E.G.) fees annually.       Fund Balance    Restricted Fund Balance.   The fund balance related to capital outlay acquisitions financed with  education and government (E.G.) cable franchise fees is classified as “restricted” since is can  only be appropriated to legally authorized purposes.     Committed Fund Balance.  The fund balance related to operations financed with cable  franchise fees (non‐educations and government) is classified as “committed”.  The proposed  budget appropriates approximately $495,000 of the Committed Communications Fund balance  to the Equipment Fund.  15 The “Committed” portion of the Communications Fund should have adequate balances to  provide working capital for on‐going operations.  Since the cable franchise fees are received on  a quarterly basis, a balance representing 25‐35% of recurring expenditures is recommended.    The Communications Fund also should have adequate balances to finance anticipated capital  expenditures and/or significant outstanding expenditures.   As such, a $495,000 fund balance is  available for other purposes.    One time revenues, such as use of fund balance, should be appropriated to purposes which are  non‐recurring and/or of a capital nature.   Appropriation of $495,000 from the Communication  Fund to the Equipment Fund is recommended in order to provide a foundation for financing  anticipated significant acquisitions and replacement in next five years in order to mitigate  substantive fluctuations in the tax levy.    2014 2015 2013 Amended 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Revenues Franchise Fees 639,557$   610,915$        645,953$        652,413$        41,498$           Franchise Fees ‐ EG fees 27,403         ‐                   65,520            66,175            66,175             Other 54,972        516                  516                  516                   ‐                    Interest on Investments (2,385)         8,689               1,434               2,530               (6,159)                       Total Revenues 719,547      620,120          713,423          721,634          101,514           Expenditures Personnel 324,080      326,866          336,374          337,013          10,147             Commodities 2,983          5,649               3,271               3,352               (2,297)              Contractual 173,249      114,031          296,238          249,402          135,371           Capital outlay 42,632        70,564            66,686            78,451            7,887                Transfer to General Fund 65,237        122,924          123,587          152,933          30,009                      Total Expenditures 608,181      640,034          826,156          821,151          181,117                Net Increase/(Decrease) 111,366      (19,914)           (112,733)         (99,517)           (79,603)            Transfer to Equipment Fund (495,000)         (495,000)               Fund Balance, January 17 8 2 , 9 1 0      798,469          894,276          781,543          187,026                Fund Balance, December 31 894,276$   778,555$        781,543$        187,026$        (387,577)$       Fund Balance      Restricted 27,403         ‐                   27,851            15,575            15,575                  Committed 866,873      778,555          753,692          171,451          (607,104)               Fund Balance, December 31 894,276      778,555          781,543          187,026          (591,529)          Communications Fund Schedule of Revenues, Expenditures and Changes in Fund Balances 16 ECONOMIC DEVELOPMENT FUND      Fund Description    The administrative fees received from issuance of conduit debt in 2008 and the Minnesota  Department of Trade and Economic Development (DTED) Economic Recovery Grant are  committed to economic development initiatives.        Uses of Funds    Proposed uses of the funds include:     Annual dues for Metropolitan Consortium of Community Developers ($7,500).     Commercial – industrial market Study ($50,000) as recommended by the Economic  Development Committee.  Staff will endeavor to seek grants and other revenue sources  to assist with financing.  The study will not be included in the budget until grants have  been identified.    Sources of Funds    The primary sources of annual revenues are conduit debt administration fees ($2,500/year).      Fund Balance    The funds are appropriated to economic development initiatives.  17   2014 2015 2013 Amended 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Revenues Interest on Investments (191)        623         299         276         (347)         Intergovernmental 168,290   ‐          428,337   ‐           ‐           Conduit Debt Fee 2,500      2,500      2,500      2,500      2,500                Total Revenues 170,599  3,123      431,136  2,776      2,153       Expenditures Other 7,500      7,500      7,500      7,500       ‐           Economic  Development 170,017  ‐          428,337  ‐          2,500                Total Expenditures 177,517  7,500      435,837  7,500      2,500            Net Increase/(Decrease) (6,918)     (4,377)     (4,701)     (4,724)     (347)              Fund Balance, January 1 66,776    60,861    59,858    55,157    (5,704)           Fund Balance, December 31 59,858    56,484    55,157    50,433    (6,051)      Economic Development  Fund Schedule of Revenues, Expenditures and Changes in Fund  Balances   18 DEBT   SERVICE  FUNDS  19 DEBT SERVICE FUND      Fund Description    Debt Service Funds are established to account for the accumulation of resources for the  payment of general long‐term principal, interest and related costs also referred to as the  “Government Activities Bonds”. Not included is the debt issued for and serviced by the Liquor  Fund.   2014 2015 2013 Amended 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Revenues General  property taxes 5,348,580$       5,304,582$      5,130,245$       4,804,704$       (499,878)$       Tax  increment 669,288             691,447            691,447             370,722             (320,725)          Intergovernmental 919,408             904,639            904,239             906,430             1,791                Charges for services 372,696             403,951            403,951             411,901             7,950                Special  assessments 1,091,030         765,271            707,218             674,934             (90,337)            Investment income 56,801               39,818               135,153             196,064             156,246           Donations 95,000               95,000               95,000               95,000                ‐                         Miscellaneous ‐                           480                      ‐                            ‐                           (480)                  Total  revenues 8,552,803         8,205,188         8,067,253         7,459,755         (745,433)          Expenditures  Principal 5,825,000         5,295,000         5,295,000         6,010,000         715,000           Interest 3,948,740         3,700,592         3,839,594         3,755,420         54,828                Fiscal charges 26,351               23,939               16,362               16,739               (7,200)              Total  expenditures 9,800,091         9,019,531         9,150,956         9,782,159         762,628           Other financing sources (uses) Transfer from other funds 1,408,587         1,603,893         1,582,280         1,520,280         (83,613)            Transfer to other funds (125,500)           (63,600)             (63,600)               ‐                           63,600              Issuance of debt ‐                            ‐                          8,520,000          ‐                            ‐                         Refunding bonds issued ‐                            ‐                          12,660,000        ‐                            ‐                         Premium on bonds issued 2,413                   ‐                          1,981,519          ‐                            ‐                         Refunded bonds called ‐                           (10,735,000)     (10,735,000)     (12,820,000)     (2,085,000)      Total  other financing sources  (uses)1,285,500         (9,194,707)       13,945,199       (11,299,720)     (2,105,013)      Net change  in fund balance 38,212               (10,009,050)     12,861,496       (13,622,124)     (3,613,074)      Fund balance, January 1 32,787,368       32,420,234      32,825,580       45,687,076       8,244,723        Fund balance, December 31 32,825,580$     22,411,184$    45,687,076$     32,064,952$     4,631,649$           20 Sources of Funds    The debt is repaid from a myriad of revenue sources.  Approximately 54% of the debt is paid for  from property taxes with the remaining 46% paid from non‐tax sources.    Taxes 54% Connection Charges 12% Liquor Revenues 4% Municipal State  Aid 9%Tax Increment   Financing 4% Other 9% Special Assessments 8% Debt Service Revenue Sources       Fund Balance    The fund balance is appropriated to future debt payments.    Other Financial Information    Credit Rating Moody’s Investors Services has affirmed an Aa1 underlying rating on the City of  Lakeville’s outstanding long‐term general obligation debt and the Aa3 underlying rating on the  City’s lease revenue debt.    Legal Debt Limits  Minnesota Statutes §475 limits the amount of general obligation debt which  is financed solely from property tax levies including Equipment Certificates, Capital  Improvement Bonds, Street Reconstruction Bonds and debt approved by referendum.  The debt  cannot exceed 3% of the taxable market value of the City.   Debt excluded from limitations are  those for which some other source of revenue is pledged as security including but not limited to  improvement bonds, tax increment bonds, utility revenue bonds and revenue bonds.      Refunding Debt The City issued $22.450 million of (cross‐over) refunding debt in July 2012 to  refinance the G.O. Street Reconstruction Bonds 2003 A and G.O. Capital Improvement Bonds  series 2004 A.  The refinancing has resulted in a net present value savings of $2.235 million over  the 17‐y bonds, w on or bef   In July 20 Street R refinanci the debt City oblig 1, 2017.    Five Yea   The Five  of the s managem Practices     The City  on the O whereby   During th debt with rate envi   The City  property million o    $1,000,  $2,000,  $3,000,  $4,000,  $5,000, ear life of t will remain a fore Februar 014, the City econstructio ng has resu .  The refun gations until ar Financia Year Financ status of t ment policie s section of t has adopted OCI (Overall C y it finances a he Great Re h the amort ronment an share of co y taxes over  f which $490  $‐ 000 000 000 000 000 12 Stre he debt.   T s City obliga ry 1, 2015.    y issued $12. on Bonds 2 lted in a net ding bonds, l the two ref al Plan  cial Plan sub he City de es and pract the Report.  d a pavemen Condition In approximate ecession, the ization over  nd to minimi osts financed a 10 year p 0,000 is for i 34567 eet Reco Propert The refundin ations until t .660 million  2005 A and  t present va , as well as t funded bond bmitted to th bt and also ices.   The f nt managem ndex) of the  ely 60% of th e City Counc a ten year p ze the tax im d with debt  period.   In  interest.    7 89 1 0 11 nstructio ty Tax  Le 21 ng bonds, as the two refu of (cross‐ov G.O. Capit alue savings  the series 20 ds are called he City Coun o provides following is  ent plan wh street.   The he street rec cil chose to  period in ord mpact to resi (approxima ten years th 1 12 on Debt evy Prin Inte s well as th unded bond ver) refundin tal Improve of $1.29 mi 005 A and 2 d and fully re ncil in May,  recommen an excerpt  The tha infr wat sys Pro infr ass hea of  bus not ter rep ass hich addresse e City has a  construction finance its  der to take a idents and b ately $4 mil he tax levy  t ncipal erest e series 200 ds are called ng debt to re ment Bond illion over th 2007 D bond etired on or 2014, provi ndations reg of the Finan e City of La an $300 mi rastructure  ter systems tems, parks oper maint rastructure  set value as  alth, safety a Lakeville  sinesses.  If t properly m m costs esc pair, maintai set.  es maintena Street Reco n with prope share of cos advantage of businesses.  lion per yea will be app 03 A and 20  and fully re efinance the s 2007 D.  he 18‐year l ds, will rema r before Feb ded an over garding fina ncial Policies keville has  llion investe such as r s, sanitary s s and build tenance of  maximizes  well as ens and quality o residents  f the assets maintained,  calate in ord in or replac ance issues b onstruction P rty taxes.    st by issuan f the low int ar) is repaid roximately $ 004 A  etired  e G.O.   The  ife of  ain as  ruary  rview  ancial  s and  more  ed in  oads,  sewer  dings.   the  the  suring  of life  and  s are  long  der to  e the  based  Policy  ce of  terest   with  $4.49   $  $100,0  $200,0  $300,0  $400,0  $500,0  $600,0  $700,0  $800,0 S             Over the amount  is repaid eventual million.   is issuing as it is be           levy for  approxim year.           $‐ 00 00 00 00 00 00 00 00 Curre $ Street R A e 10 year p of debt reti d with prop ly increase At that poi g debt at the eing retired.  interest ex mately $730 ent Rates $492,536  econstr nnual In period the  red, which  erty taxes,  s to $4.0  nt the City  e same rate    pense incre 0,000 in th 1% Rate Increa $730,40 ruction  nterest eases to  he 10th  $ $ $ $‐  $10,000,00  $20,000,00  $30,000,00  $40,000,00  $50,000,00  $60,000,00 22 ase 05  Debt $(6,000,000) $(4,000,000) $(2,000,000)  $‐ $2,000,000 $4,000,000 $6,000,000 Str ‐ 00 00 00 00 00 00 13 Street R Total  Ou     In o redu In a app whi asse           Inte hist incr 123 reet Rec Ann 5791 Y Reconstr utstandi other words  uction for C addition, th proximately  ch is repa essments.   erest rates a toric lows.   rease by 1% 456Yea constru nual Prin 111 31 517 Year ruction D ing Princ there is not City share of  e City is is $2.5 ann aid with sp re currently If interest  %, the annua 789 10ar uction D ncipal 7 19 21 Debt  cipal Ta To  debt  cost.   suing  nually  pecial  y near  rates  al tax  0 11 12 Debt Retire Issued axes otal ed d 23 The street reconstruction program was accelerated in the 2014 – 2018 Capital Improvement  Plan in order to improve the City wide OCI and reduce the number of miles of streets which are  in failing condition.      Recommendation:    In order to eliminate or minimize tax levy for interest costs associated with annual street  reconstruction projects,     a) Explore the various financing options, including a discussion of the issues related to  each option, for  *   Financing the City share of street reconstruction project costs on a pay‐as‐you‐go         method rather than relying on debt  *   Construction Project Reserve Fund to level off the “peaks and valleys” which will         occur from year to year in project costs  *   Implementation plan           24   CAPITAL    PROJECTS    FUNDS  25 MUNICIPAL STATE‐AID FUND  Fund Description    The Municipal State‐Aid Fund primary purpose is to account for the annual allotment from the  State of Minnesota Municipal State‐Aid street construction account.    Uses of Funds    The 2015 budget provides for the following projects:    2014 2015 Estimate Budget Projects Dodd Blvd (CSAH 9): CSAH 70 to CSAH 46/2 163,000$ -$ Dodd Blvd (CSAH 9): 183rd St to Hayes Ave 2,953,500 - CSAH 50/CSAH 60 (185th St) Roundabout & Expansion 1,178,440 2,141,160 Ipava Ave: Traffic Signals at 175th St & 165th St 307,000 - CSAH 50 Expansion: CSAH 60 (185th St)-CSAH 9 (Dodd Blvd) - 394,230 CSAH 9 (Dodd Blvd): CSAH 60 (185th St) - 194th St - 765,000 Cedar Avenue Signals - 8,000 CSAH 50 (202nd St): Highview to Cedar (Design only) 90,000 Kenwood Trail Economic Develop Study 31,000 - Total capital improvements 4,632,940$ 3,398,390$     Fund Balance    The funds are restricted for future street improvements on state‐aid eligible roads.      26 2014 2015 2013 Adopted 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Revenues Intergovernmental 35,662$         4,000,000$   1,968,750$   1,308,260$   (2,691,740)$   Investment income (charges) (10,480)           ‐                       ‐                       ‐                       ‐                       Total revenues 25,182           4,000,000     1,968,750     1,308,260     (2,691,740)     Expenditures  Public works 21,005           7,131,915     4,632,940     3,398,390     (3,733,525)     Excess (deficiency) of revenues  over expenditures 4,177             (3,131,915)    (2,664,190)    (2,090,130)    1,041,785      Other financing sources (uses) MSA debt issuance ‐                      ‐                      ‐                      7,000,000     7,000,000      Net change in fund balance 4,177             (3,131,915)    (2,664,190)    4,909,870     8,041,785      Fund balance, January 1 3,396,712     3,180,712     3,400,889     736,699         (2,444,013)     Fund balance, December 31 3,400,889$   48,797$         736,699$       5,646,569$   5,597,772$    Municipal State‐Aid Fund Statement of Revenue, Expenditures, and Changes in Fund Balance       27 PAVEMENT MANAGEMENT FUND    Fund Description    The Pavement Management Fund primary purpose is to account for pavement management  activities. The fund enables the City Council to establish a relatively stable tax levy. The fund  activities account for maintenance costs which would otherwise be accounted for in the  operating budget. The Pavement Management Fund enables the City to establish a long‐term  maintenance program and financing plan which, when taken into consideration with the street  reconstruction program, enables the City to develop a consistent long‐term financing plan.    Uses of Funds    Changes in the pavement management plan include     Discontinuance of sealcoating streets   Sealcoating of park parking lots to be accounted for in General Fund.   Increased crack sealing, patching, minor overlays and velocity patching.  A comparison of the 2014 budget to 2015 proposed budget is as follows:      Increase/ Expenditures 2014 2015 (decrease) Seal coating 224,973 - (224,973) Park parking lots 30,512 - (30,512) Patching & Minor Overlays 569,878 892,673 322,795 Velocity Patching 107,120 170,405 63,285 Crack sealing 59,488 130,000 70,512 Sidewalk 25,000 25,000 - Conc Curb, Draintile 25,000 25,000 - County Road Utility Impr. 25,000 25,000 - Bridge Insp/Repairs 15,000 15,000 - Safety Improvements 30,000 60,000 30,000 Pavement Mgt Support 30,000 - (30,000) Other 33,850 - (33,850) Total maintenance 1,175,821 1,343,078 167,257 Pavement Management Fund   28 Sources of Funds    Property taxes and Municipal State Aid (M.S.A.) Street funds are the primary sources of  revenues for financing pavement maintenance activities.   MSA funds are proposed to be  reduced to $120,000/year in order to provide the financing for road improvements such as  Dodd Boulevard from 185th to 192nd Street and County Road 50 from 186th Street to Dodd  Boulevard.       Fund Balance    The objective is to provide a beginning fund balance which will finance expenditures until the  City receives its July tax settlement.      The Fund has an excess balance in 2014 of $524,000 which is recommended be transferred to  the Equipment Fund to provide long term financial stability.    2015 – 2019 Capital Improvement Plan    2015 2016 2017 2018 2019 Revenues Taxes 1,191,550 1,191,550 1,191,550 1,191,550 1,191,550 MSA - Maintenance 120,000 120,000 120,000 120,000 120,000 Total Revenues 1,311,550 1,311,550 1,311,550 1,311,550 1,311,550 Expenditures Maintenance Crack sealing 130,000 135,200 140,608 146,232 152,081 Seal coating Velocity Patching 170,405 170,000 170,000 170,000 170,000 Patching & Minor Overlays 892,673 928,380 965,516 1,004,138 1,044,303 Sidewalk 25,000 25,000 25,000 25,000 25,000 Conc Curb, Draintile 25,000 25,000 25,000 25,000 25,000 County Road Utility Improvements 25,000 25,000 25,000 25,000 25,000 Bridge Insp/Repairs 15,000 15,000 15,000 15,000 15,000 Safety Improvements 60,000 30,000 30,000 30,000 30,000 Total maintenance 1,343,078 1,353,580 1,396,124 1,440,370 1,486,384 Transfer to other purposes 524,000 Net Increase (Decrease) (555,528) (42,030) (84,574) (128,820) (174,834) Fund Balance, January 1 1,297,814 742,286 700,256 615,682 486,862 Fund Balance, December 31 742,286 700,256 615,682 486,862 312,028 Pavement Management Fund Statement of Revenue, Expenditures and Changes in Fund Balance     29 IMPROVEMENT CONSTRUCTION FUND  Fund Description    The Improvement Construction Fund accounts for the construction of certain public  improvements, such as streets and storm sewers, which are complex construction contracts  that involve multiple financing resources from the City and other governmental entities.   Construction projects usually extend over several years before completion.    Uses of Funds    The City Council has approved a street reconstruction program that replaces ageing street  infrastructure.  Benefited property owners are specially assessed 40% for the cost with the  remaining 60% paid by the City with property taxes.  The financing of the debt is accomplished  with the issuance of General Obligation Improvement Bonds.  The special assessments and  taxes are pledged to the repayment of the debt.  The taxes are proposed to be amortized over a  20 year period to mitigate the impact of tax increases on businesses and residents.    Fund Balance    The funds are committed for future public improvements, such as streets and storm sewers.    30 2014 2015 2013 Adopted 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Revenues Intergovernmental 268,780$        ‐$                     ‐$                     ‐$                     ‐$                          Investment income (charges) (3,862)             ‐                       ‐                       ‐                       ‐                            Other 75,092            ‐                       ‐                       ‐                       ‐                            Total revenues 340,010          ‐                       ‐                       ‐                       ‐                            Expenditures  Public works 5,311,000     10,129,109   6,580,000     25,015,653   14,886,544          Excess (deficiency) of revenues  over expenditures (4,970,990)    (10,129,109)  (6,580,000)    (25,015,653)  (14,886,544)        Other financing sources (uses) Transfer to (41,701)           ‐                       ‐                       ‐                       ‐                            Issuance of debt 4,682,587     10,129,109   6,580,000     25,015,653   14,886,544          Premium on bonds issued 78,287            ‐                       ‐                       ‐                       ‐                            Total other financing sources  (uses)4,719,173     10,129,109   6,580,000     25,015,653   14,886,544          Net change in fund balance (251,817)        ‐                       ‐                       ‐                       ‐                            Fund balance, January 1 1,272,530     730,530         1,020,713     1,020,713     290,183               Fund balance, December 31 1,020,713$   730,530$       1,020,713$   1,020,713$   290,183$             Improvement Construction Fund Statement of Revenue, Expenditures, and Changes in Fund Balance   31 STORM SEWER FUND    Fund Description    The Storm Sewer Fund primary accounts for improvements to the trunk storm sewer  infrastructure system.    Uses of Funds    Fees and area charges to land developers for construction of trunk storm sewer infrastructure  improvements.    Fund Balance    The funds are appropriated to trunk storm sewer infrastructure improvements.    2014 2015 2013 Adopted 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Revenues Charges for services 1,062,856$   1,069,877$   1,448,031$   1,052,264$   (17,613)$        Special assessments 254                 880                 880                 810                 (70)                  Investment income (charges) (3,724)             ‐                       ‐                       ‐                       ‐                       Other 5,983              ‐                       ‐                       ‐                       ‐                       Total revenues 1,065,369     1,070,757     1,448,911     1,053,074     (17,683)           Expenditures  Public works 270,568         834,939         169,235         826,132         (8,807)             Excess (deficiency) of revenues  over expenditures 794,801         235,818         1,279,676     226,942         (8,876)             Other financing sources (uses) Transfer from 125,500         63,600           63,600            ‐                      (63,600)           Transfer to (81,000)          (81,000)          (81,000)          (100,000)       (19,000)           Total other financing sources  (uses)44,500           (17,400)          (17,400)          (100,000)       (82,600)           Net change in fund balance 839,301         218,418         1,262,276     126,942         (91,476)           Fund balance, January 1 676,510         1,149,652     1,515,811     2,778,087     1,628,435      Fund balance, December 31 1,515,811$   1,368,070$   2,778,087$   2,905,029$   1,536,959$    Storm Sewer Fund Statement of Revenue, Expenditures, and Changes in Fund Balance   32 WATER FUND    Fund Description    The Water Fund primarily accounts for revenues derived from connection charges collected at  the time building permits are issued and antenna site leases with wireless communications  companies.      Uses of Funds    The 2015 budget provides for the following:    2014 2015 Estimate Budget Projects Well Construction 25,000$ 1,750,000$ Well site acquisition 30,500 129,500 Water Tower Construction 500,000 4,062,680 Water Treatment Improvements 300,000 4,026,000 Water Main Trunk Extensions 219,398 200,000 Total capital improvements 1,074,898$ 10,168,180$     Fund Balance    The funds are appropriated toward the construction costs of water supply lines, wells and  water storage facilities and provide the debt service to bonds issued to finance the  construction.  33 2014 2015 2013 Adopted 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Revenues Charges for services 1,703,952$   1,452,750$   1,412,957$   1,363,250$     (89,500)$           Special assessments 21,204           5,000             11,779            ‐                        (5,000)               Investment income (charges) (4,513)             ‐                      5,800             9,400                Other 304,494         279,340         316,576         319,742           40,402               Total revenues 2,025,137     1,737,090     1,747,112     1,692,392       (54,098)             Expenditures  Public works 95,048           3,345,000     1,074,898     10,168,180     6,823,180         Excess (deficiency) of revenues  over expenditures 1,930,089     (1,607,910)    672,214         (8,475,788)      (6,877,278)        Other financing sources (uses) Transfer to (1,164,076)    (1,122,893)    (1,100,800)    (2,055,100)      (932,207)           Issuance of debt ‐                      9,000,000      ‐                      10,500,000     1,500,000         Preimum ‐                       ‐                       ‐                       Total other financing sources  (uses)(1,164,076)    7,877,107     (1,100,800)    8,444,900       567,793            Net change in fund balance 766,013         6,269,197     (428,586)       (30,888)            (6,309,485)        Fund balance, January 1 1,537,508     1,960,639     2,303,521     1,874,935       (85,704)             Fund balance, December 31 2,303,521$   8,229,836$   1,874,935$   1,844,047$     (6,395,189)$     Water Fund Statement of Revenue, Expenditures, and Changes in Fund Balance   34 SANITARY SEWER FUND    Fund Description    The Sanitary Sewer Fund primarily accounts for sewer connection and area fees charged to  land developers for connecting to the City’s sanitary sewer system.    Uses of Funds    Connection fees and area charges to land developers for construction of trunk sanitary sewer  infrastructure improvements.    Fund Balance    The funds are appropriated toward the construction costs of trunk sanitary sewer infrastructure  improvements.  2014 2015 2013 Adopted 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Revenues Charges for services 477,318$       294,500$       479,623$       280,500$        (14,000)$           Special assessments 20,059           20,930           20,930           18,315             (2,615)               Investment income (charges) (10,976)           ‐                       ‐                       ‐                         Other ‐                       ‐                       ‐                       ‐                         ‐                          Total revenues 486,401         315,430         500,553         298,815           (16,615)             Expenditures  Public works 129                 302,000         116                 368,000           66,000               Net change in fund balance 486,272         13,430           500,437         (69,185)            (82,615)             Fund balance, January 1 3,306,837     1,960,639     3,793,109     4,293,546       2,332,907         Fund balance, December 31 3,793,109$   1,974,069$   4,293,546$   4,224,361$     2,250,292$       Sanitary Sewer Fund Statement of Revenue, Expenditures, and Changes in Fund Balance               35   TRAIL IMPROVEMENT FUND    Fund Description    The Trail Improvement Fund accounts for the long term maintenance, repairs and replacement  of the City trails.   The Fund was initially financed with a one‐time transfer from the General  Fund.         Uses of Funds (expenditures)    Annual maintenance (such as seal coating), repairs and replacement of trails.    Longer term Trail Major Maintenance and reconstruction  $33,000    Sources of Funds    The projected source of revenues is a tax levy which is projected to increase $33,000 per year.    Tax levy – undesignated       $33,000      Fund Balance    A fund balance of 50% of the subsequent years budget should be maintained to provide the  reserves during those periods when there are significant “peaks and valleys” in reconstruction  projects and to provide operating capital until the final tax proceeds are received in December  of each year.      Other Financial Information    The Trails Maintenance study prepared by WSB in 2011 stated that the average annual cost to  maintain the City’s trails system is approximately $250,000.   The cost may vary from year to  year depending on the scope of work required for major maintenance and/or replacement.    The average annual cost will increase in future years as the trails system is expanded.      36 2015 – 2019 Capital Improvement Plan  2015 2016 2017 2018 2019 Revenues Tax Levy 78,200           111,200        144,200        177,200        210,200             Expenditures Trail sealcoating 60,000          60,000        60,000        57,061          40,200             Trail inspections  (1/3 of  system) 5,000            5,000          5,000          5,000            5,000               N side 165th ‐ Ipava to Kenrick Ave  (reclamation)83,067            E side Ipava Ave ‐ S.M. Park/S entr. to 165th St  (reclam.)46,002            N side 165th ‐ Ipava to Highview Ave  (reclamation)78,236           S side 165th ‐ Hudson to Highview  (reclamation)35,469           Dakota Heights  Park Trails (reclamation) 16,141         W side Flagstaff Ave ‐ Fontina  Path to Dodd  Blvd (reclam.)78,517           N. Creek Trail ‐ E from Flagstaff to N. Creek  MHP (reclam.) 47,035           Dodd Trail trails  ‐ Flagstaff to Dodd Blvd  (reclamation)32,434           E side Flagstaff ‐ Fontina  Path to Dodd  (overlay)51,914           *E side Pilot Knob ‐ 160th to 170th  (reclamation)41,595           Aronson Park Trails (reclamation) 18,508           Cedar Highlands  Park Trails (reclamation) 30,295           Hypointe Park Trails (reclamation) 9,869             Oak Shores  Park Trails (reclamation) 46,532           Parkview Park Trails (reclamation) 16,281           Quail Meadows  Park Trails  (reclamation) 14,085           *W side Cedar ‐ 190th to 202nd (reclamation)50,148               *N side 160th ‐ Ipava to Interlachen  (reclamation)14,321               *S side 160th ‐ Ipava to Cedar Ave  (reclamation)79,510               Engineering costs for reclamation/overlay  projects  32,267           32,462          62,874          33,893          35,995                     Total capital improvements 226,336         227,308        379,369        231,524        225,174             Net Increase (Decrease) (148,136)       (116,108)      (235,169)       (54,324)         (14,974)              Fund Balance, January 1 714,274         566,138        450,030        214,861        160,537             Fund Balance, December 31 566,138$       450,030$      214,861$      160,537$      145,563$           Trail Improvement Fund Statement of Revenue, Expenditures  and Changes in Fund Balance The 5‐Year Financial Projection Report recommended that a consistent revenue source be identified  to finance trails major maintenance. The 5‐year facility plan submitted as part of the proposed budget  on August 25 provided for a $33,000 tax levy increase each year for the next five years in order to  provide consistent funding for trail reconstruction identified in WSB Report.        37 PARK IMPROVEMENT FUND (NEW)    Fund Description    Approximately $150,000 of 2014 unencumbered General Fund balance may be appropriated to  the new Park Improvement Fund.  Details are provided on page 11.  Whether or not funding  will be available is unknown at this time.     The 2015 General Fund budget provides $112,500 for major maintenance projects.    Playgrounds    The Parks Department staff has provided an evaluation of playgrounds which was provided to  the City Council at their October work session.       Non‐ financed projects    A summary of park improvements with no financing is as follows:    2015 2016 2017 2018 2019 Replacement - reconstruction 93,700 32,050 5,700 11,600 37,500 Community Partnerships 8,500 6,500 6,500 6,500 6,500 Facility enhancements - replacements - - 260,000 325,000 - Playground replacements 203,000 300,000 76,500 - 343,750 Total expenditures 319,200 338,550 348,700 343,100 387,750        Details are provided on the subsequent page.    38   Parks - Major Maintenance NON-FINANCED (2015 - 2019) Pr i o r i t y Routine 6 Parking lot sealcoating 130,470$ 7 Highview Heights-rink upgrades/repairs 23,250 8 Tree plantings/replacements 50,000 9 Tree Trust/Eagle Scout project materials 37,700 10 Tree Trust labor 6,000 12 Sign replacement 16,000 18 Dakota Heights-trail/door installation 1,000 19 Meadows-new door & trail to WH 650 265,070 Replacement - Reconstruction 5 Resurface basketball/tennis courts 55,100 16 Quigley-Sime trail extension 15,000 17 Michaud Park-site lighting LED 10,000 80,100 Facility Enhancements - Replacements 13 Aronson-building upgrades 325,000 14 Replacement of Antlers building 140,000 15 Pioneer Plaza-upgrades 120,000 585,000 *Playground Replacements 1 Steve Michaud LOA (2016) 300,000 2 Quail Meadows (2015) 78,750 3 Oak Shores (2015) 76,500 4 Cherryview (2019) 76,500 4 Dodd Trail (2015) 76,500 4 Highview Heights (2017) 76,500 4 Greenridge (2019) 73,000 4 Independence (2019) 65,500 4 Hypointe Crossing (2019) 50,000 4 Bracketts Crossing (2019) 50,000 923,250 Total Major Maintenance $ 1,853,420 * = Programmed to be replaced based on NON-FINANCED (2015 - 2019) Pr i o r i t y   39 TAX INCREMENT FUND    Fund Description    There are two tax increment projects in the Capital Project Funds that will be expiring in 2014.    Both are redevelopment TIF districts. There are also two tax increment projects in the Debt  Service funds which are expiring in 2014.       Uses of Funds    Tax Increment fund balances  The tax increment funds can only be expended for purposes authorized by the underlying TIF  authorization.   The estimated balances in each respective district are as follows:    Name TIF Authorization Total TIF district 3 Redevelopment 164,600      TIF district 8 Housing 174,656      TIF district 9 Redevelopment 99,835        TIF district 17 Renewal + Renovation 255,150        There are unencumbered funds in some of the Tax Increment Funds. There are no eminent  restrictions requiring immediate action by the City Council; however, the financing or project  options may affect the 2015 budget outcomes.  The discussion below is considered preliminary  but not exhaustive.    Southfork Interest Rate Reduction Loan    The $2.2 million Southfork Interest Rate Reduction Loan proceeds can be appropriated to fund  any of the HRA’s authorized purposes, such as blight reduction, housing projects for low and  moderate income housing and related improvements, and other urban renewal projects such  as repair and rehabilitation of buildings, reduction of traffic hazards or other land uses  detrimental to the public welfare, and acquisition of property to remove unhealthful,  unsanitary or unsafe conditions.    Tax Increment Financing District #3    Tax Increment Financing District #3 will expire and be decertified on December 31, 2014.  The  City Council conducted a public hearing on December 1 in order to modify the TIF Plan budget.   The unencumbered balance in the Fund (approximately $164,000) can only be expended within  the Redevelopment Area.  40 Tax Increment Financing Districts #8 and #9    Tax Increment Financing Districts #8 and #9 will expire and be decertified on December 31,  2014.  The unencumbered balance in the Funds (approximately $174,656 and $99,835,  respectively) can only be expended within the I‐35 Redevelopment Area.    Tax Increment Financing District #17    Tax Increment Financing District #17 (former Di‐Hed‐Yokes property) will expire and be  decertified on December 31, 2014.  The unencumbered balance (approximately $255,150) will  be returned to the Dakota County Auditor.  The Auditor will distribute the funds to the  underlying jurisdictions (City, County and School District) of which the City of Lakeville will  receive approximately $85,000 from the distribution.  The 2015 tax refund from Tax Increment  District #17 will be distributed to the General Fund.      2014 2015 2013 Adopted 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Revenues Tax increment 190,148$       189,667$       189,463$        ‐$                      (189,667)$         Investment income (charges) (224)               342                 342                  ‐                         Total revenues 189,924         190,009         189,805          ‐                        (189,667)           Expenditures  General government 149,270         1,113             1,113              ‐                        (1,113)               Excess (deficiency) of revenues  over expenditures 40,654           188,896         188,692          ‐                        (188,554)           Other financing sources (uses) Transfer to (21,810)           ‐                       ‐                       ‐                         ‐                          Net change in fund balance 18,844           188,896         188,692          ‐                        (188,554)           Fund balance, January 1 56,128           74,594           74,972           263,664           189,070            Fund balance, December 31 74,972$         263,490$       263,664$       263,664$        516$                  Tax Increment Fund Statement of Revenue, Expenditures, and Changes in Fund Balance           41 BUILDING FUND    Fund Description    The Building Fund accounts for the accumulation and disbursement of funds for the  construction or improvement of public buildings.     Uses of Funds    The funds are expended on major maintenance of City facilities.      2015 – 2019 Capital Improvement Plan      2015 2016 2017 2018 2019 Revenues Property Taxes 51,000$ 102,000$ 153,000$ 204,000$ 255,000$ Total revenues 51,000        102,000     153,000       204,000       255,000        Expenditures - Capital outlay Arts Center 48,575 4,000 6,800 36,000 10,800 Central Maintenance Facility 40,650 28,000 33,800 16,000 - City Hall 293,500 - 120,000 77,000 55,000 Fire Station #1 173,000 20,000 - - - Fire Station #2 134,500 1,800 5,300 - - Fire Station #3 10,700 4,800 - - - Fire Station #4 2,400 10,000 7,200 - 115,000 Heritage Center 94,950 95,350 4,000 - 57,400 Police Station 4,100           ‐               ‐                 ‐                 ‐                 Total expenditures 802,375     163,950     177,100       129,000       238,200        Net change in fund balance (751,375)    (61,950)      (24,100)       75,000         16,800          Fund balance, January 1 950,764     199,389     137,439       113,339       188,339        Fund balance, December 31 199,389$   137,439$   113,339$    188,339$    205,139$     Building Fund Schedule of Revenues, Expenditures and Changes in Fund Balances   Details related to facilities are provided on pages 99‐102.    42 Sources of Funds    In an effort to minimize the tax impacts to residents and businesses during and since the Great  Recession, all major maintenance projects related to general government facilities (not  including Liquor or Utility) were financed from the Building Fund rather than the General Fund.   All of the facility projects, including minor maintenance, identified in recent Capital  Improvement Plans were accounted for in the Building Fund which is financed primarily with  one‐time revenues from Life Time Fitness.  There are currently no defined on‐going revenue  sources for financing facility maintenance projects from the Building Fund.    Various options were considered in the development of the financing plan including but not  limited to one‐time revenues (such as from the Communications and General Fund) and  issuance of debt.   One time revenues do not provide a consistent and reliable source of  financing.  Issuance of debt increases maintenance costs and defers payment of current  obligations to future generations.    The 2015 Building Fund budget includes a $51,000 property tax levy to finance maintenance of  City facilities.       Subsequent events    The 2014 Building Fund was amended November 3 to provide appropriations for the following:     Fire Station #4   ‐ Roof top unit (heating system) malfunction and replacement   Heritage Center   ‐ Skylight replacement   City Hall   ‐  Backup generator malfunction and replacement   Central Maintenance Facility – Trench Drains   Central Maintenance Facility – Gate Access Controller   Central Maintenance Facility – Hoist Repair              43 EQUIPMENT FUND  Fund Description    The Equipment Fund accounts for the purchase of public safety, street and park maintenance  equipment. The most significant capital acquisitions are related to replacing vehicles,  machinery, and technology.      Uses of Funds    The equipment contained within the fund is only for replacement of equipment that has  reached the end of its useful life.  The budget does not take into consideration equipment  acquisition associated with new personnel positions such as those related to a snow plowing.  A  summary of the revised equipment fund expenditures is as follows:       44 2015 – 2019 Capital Improvement Plan    2015 2016 2017 2018 2019 Revenues General property taxes 300,000$ 328,000$ 356,000$ 384,000$ 412,000$ Sale of assets 225,804 248,800 189,975 206,700 233,100 Transfer from: Liquor Fund 825,812 847,063 868,230 894,306 894,306 Communications Fund 495,000 General Fund 727,000 Pavement Management 524,000 Debt 500,000 Total other financing sources 3,097,616 1,923,863 1,414,205 1,485,006 1,539,406 Expenditures Election equipment 26,667 26,667 26,667 - - Fire 561,534 542,758 135,683 263,750 66,750 Parks 364,972 407,471 194,057 276,642 80,450 Police 304,441 516,720 763,613 675,586 289,007 Streets 865,312 1,074,246 956,163 592,919 1,257,297 Debt Repayment - - 64,752 65,000 65,000 Technology 87,926 93,764 233,730 445,130 106,084 Total expenditures 2,210,852 2,661,626 2,374,665 2,319,027 1,864,588 Net change in fund balance 886,764 (737,763) (960,460) (834,021) (325,182) Fund balance, January 1 2,137,056 3,023,820 2,286,057 1,325,597 491,576 Fund balance, December 31 3,023,820$ 2,286,057$ 1,325,597$ 491,576$ 166,394$ Equipment Fund Statement of Revenue, Expenditures and Changes in Fund Balance Details relating to equipment are provided on pages 85‐94.    Sources of Funds    The primary revenue sources for financing equipment acquisitions during the five year period  are Liquor Fund transfers ($4.3 million), property taxes and sale of assets ($1.1 million).   A  number of options were considering in developing a long‐term property tax financing structure  including but not limited to use of one‐time revenues and issuance of debt.   The proposed  2015 budget also includes use of one time revenues from the following sources.     Communications Fund – unencumbered balance.       $495,000   General Fund – unencumbered fund balance       $727,000  45   Non‐financed Equipment Acquisitions    Staff has requested the acquisition of equipment that will improve efficiencies through  improved productivity and quality.  However, there is not financing provided for the  equipment.  Staff is recommending the 2015 non‐financed equipment be purchased from the  unencumbered 2014 General fund balance – if available – as shown below.     General Fund – unencumbered 2014 fund balance  $(to be determined)     Maximum $150,000.  Refer to General Fund recommendations discussed on pages 95‐  98.  I. Police  $65,000 21.7%  II. Fire  $25,000 8.3%  III. Streets  $38,000 12.7%  IV. Parks  $22,000 7.3%    46     ENTERPRISE    FUNDS  47 LIQUOR FUND    Fund Description    The Liquor Fund is responsible for controlling the sale of off‐sale alcoholic beverages, while  generating revenue for the community. This includes abiding by all State Statutes regarding the  legal sale of alcohol, offering competitive pricing, while providing superior product selection  and customer service. Of the 220 cities operating municipal liquor stores in Minnesota, Lakeville  continues to have the largest and most profitable operation.    Uses of Funds (Highlights)  The net proceeds from liquor operations are committed to financing capital improvements  which would otherwise be financed from property taxes.      The City and Independent School District 194 are committed to a joint venture to communicate  a consistent message focused on reducing chemical abuse in the community, especially among  young people. As such a portion of the net proceeds ($21,500) is committed to Independent  School District 194 for the Chemical Awareness Program.    Personnel:  There are no new personnel positions proposed for the coming year.     Position (FTE)   2012  Actual  2013  Actual  2014  Estimate  2015  Budget  Operations Director 1.0 1.0 1.0 1.0 Administrative Services Manager 0.0 0.0 0.0 0.5 Store Managers 3.0 3.0 3.0 3.0 Inventory Control Technician 1.0 1.0 1.0 1.0 Assistant Store Managers 5.0 5.0 5.0 4.0 Administrative Assistant  1.0 1.0 1.0 0.5 Lead Sales Associates 2.7 2.7 2.7 2.7 Sales Associates 12.0 12.0 12.0 12.0 Total 25.7 25.7 25.7 25.7   2013 2014 2015 Transfer to General  Fund (Admin.) 117,282        118,317        124,876         Transfer to Gen Fund (technology) 45,206          39,503          40,297           Transfer to Environmental Resources 1,396            874               874                Transfer to Equipment Fund 837,738        800,000        825,812         Transfer to Building Fund 648,360         ‐                ‐                Transfer to Police Station Bonds 100,000        400,000        400,000         1,749,982     1,358,694     1,391,859      48 Capital outlay  Item Heritage Galaxie Kenrick Total Video security cameras and recorders 11,177         17,045         11,177              39,398          2015 Total 11,177$       17,045$       11,177$            39,398$        2015 Proposed   Other furniture and equipment proposed in 2015 include the following:    Item Heritage Galaxie Kenrick Total Computer ‐ Desktop (5) Repl 2,503     2,503$   2,503$   7,509$     Cash registers  (13) Repl 11,329   14,161   11,329   36,818     Pin and chip card readers 1,270     1,590     1,270     4,130       Overhead Signage 2,252      ‐             2,253     4,505       2015 Total 17,354$ 18,254$ 17,355$ 52,962$     Sources   2015 proposed liquor sales of $14.8 million is a 1.2% decrease from 2014 estimates. Strategic  marketing initiatives are being pursued in response to recent competition.    2014 2015 Percent Store Estimate Proposed Change Heritage 4,985,496$        4,830,465$        ‐3.1% Galaxie 5,014,562$        5,057,913$        0.9% Kenrick 4,950,539$        4,875,757$        ‐1.5% Total sales 14,950,597$      14,764,135$      ‐1.2%   The stores are strategically positioned to maximize earnings and return on investment. The  Galaxie and Kenrick Stores are owned by the City; the Heritage store is leased.     Net Income  Before  Transfers 2014 2015 Store Estimate Proposed Heritage 348,010$           351,794$            Galaxie 359,478$           355,622$            Kenrick 529,776$           496,668$            Total net income before  transfers 1,237,264$        1,204,084$            49 2014 2014 2015 2013 ADOPTED DEPART DEPART ACTUAL BUDGET ESTIMATE ESTIMATE ALL STORES COMBINED Sales 15,381,124$   15,829,693$   14,950,597$   14,764,135$    Cost of goods sold 11,432,525     11,853,712     11,217,148     11,093,360      Gross profit 3,948,599       3,975,981       3,733,449       3,670,775        Gross Profit % 25.67% 25.12% 24.97% 24.86% Total personnel 1,282,013       1,344,654       1,312,607       1,288,667        Total commodities 50,973             65,786             62,522             66,420              Total contractual 844,285           874,430           877,063           875,561            Depreciation 113,915           118,997           118,997           118,997            Total operating expenses 2,291,186       2,403,867       2,371,189       2,349,645        Net operating income 1,657,413       1,572,114       1,362,260       1,321,130        Interest income (13,469)          23,673           20,559             19,800            Other income/PERA 14,049           7,500             7,500               7,500              Bond Premium 1,533             1,533             1,533               1,533              Interest expense/discount (162,842)       (154,588)       (154,588)         (145,879)        Adjust for disposal of assets (27,516)            ‐                   ‐                   ‐                    Total other financing sources/(Uses) (188,245)         (121,882)         (124,996)         (117,046)          Change in net postion before transfers 1,469,168       1,450,232       1,237,264       1,204,084        Capital outlay 116,291           31,833             2,087,264       39,398              LIQUOR FUND SCHEDULE OF REVENUE, EXPENSES AND CHANGES IN NET POSITION               50 Working Capital  Working capital is a financial metric which represents operating liquidity.  Working capital is  current assets minus current liabilities.  The projected future working capital balances are as  follows: 2014 2014 2015 2013 Adopted Dept. Dept.  Actual Budget Estimate Estimate Sources Sales 15,381,124$   15,829,693$   14,950,597$   14,764,135$    Cost of Goods sold (11,432,525)    (11,853,712)    (11,217,148)    (11,093,360)          Gross income 3,948,599       3,975,981       3,733,449       3,670,775        Other revenues 580                  31,173             28,059             27,300                   Total sources 3,949,179       4,007,154       3,761,508       3,698,075        Uses  Personnel 1,282,013       1,344,654       1,312,607       1,288,667        Commodities 50,973             65,786             62,522             66,420              Contractual 844,285           874,430           877,063           875,561            Debt 327,842           329,588           329,588           325,879            Capital outlay 132,101           31,833             2,087,264       39,399              Transfers to other funds 1,749,982       1,360,523       1,358,694       1,391,859             Total uses 4,387,196       4,006,814       6,027,738       3,987,785        Net change in working capital (438,017)         340                  (2,266,230)      (289,710)          Working capital ‐ January 1 4,781,852       4,177,872       4,343,835       2,077,605        Working capital ‐ December 31 4,343,835$     4,178,212$     2,077,605$     1,787,895$      2014 2014 2015 2013 Adopted Dept. Dept.  Actual Budget Estimate Estimate Current Assets Cash and investments 4,200,883$     4,228,973$     1,877,518$     1,570,936$      Inventory 1,679,469       1,506,321       1,750,007       1,802,507        Other 41,733             49,149             42,074             53,955                    Total Current Assets 5,922,085       5,784,443       3,669,599       3,427,398        Current Liabilities Accounts Payable 1,221,081       1,183,664       1,221,081       1,257,713        Other 357,169           422,567           370,912           381,790                   Total current liabilities 1,578,250       1,606,231       1,591,993       1,639,503        Working capital ‐ December 31 4,343,835$     4,178,212$     2,077,606$     1,787,895$      Statement of Changes in Working Capital Projected Working Capital   51 UTILITY FUND (Overall)    Fund Description    The Utility Fund is responsible for the operation of a 20 million gallon per day water treatment  facility and the associated water collection and distribution system to provide potable water to  Lakeville residents and businesses.  The City is also responsible for the collection and  transmission of sewage to wastewater treatment plants managed by the Metropolitan Council  Environmental Services (MCES).    The Utility Fund budget is effectively managed by budgeting water, sanitary sewer, street  lighting and environmental resources as separate operations.    Uses of Funds (Highlights)    Personnel:  There are no new personnel positions proposed for the coming year.   Collective  bargaining contracts are settled through December 2015.    Position (FTE) 2012  Actual  2013  Actual  2014  Estimate  2015  Budget  Public Works Director 1.0 1.0 1.0 1.0 Utilities Superintendent 1.0 1.0 1.0 1.0 Utilities Supervisor 1.0 1.0 1.0 1.0 P.W. Analyst / Safety Specialist 1.0 1.0 1.0 1.0 Utility Lead Maintenance 1.0 1.0 1.0 1.0 Utility Maintenance II  10.0 10.0 10.7 11.0 Utility Billing Technician 2.0 2.0 2.0 2.0 Administrative Assistant  Environmental Resources Manager  Environmental Resources Specialist  1.0 1.0 1.0 1.0 1.0 1.0 0.8  1.0  1.0  1.0 1.0 1.0 Total 20.0 20.0 20.5 21.0   Capital outlay  Sanitary Environmental Item Water Sewer Resources 1-Ton Pickup Truck with Crane 60,319$ 60,319$ -$ Handheld GPS 2,280 2,280 - Trash Pump 675 675 - Workstation - - - Software - - - Conference Station (telephone) 880 880 - Pallet Forks 555 555 - Interactive Whiteboard 3,915 3,915 - 2015 Total 68,624$ 68,624$ -$ 2015 Proposed   52 Major maintenance.   Major maintenance projects are a primary factor in water and sanitary  sewer rate increases and debt financing.   A discussion of the financial outcomes is provided on  subsequent pages.   Detailed listing of the projects is provided on pages (64‐66).    Sources – Customer Use Fees     Water and sanitary sewer rates are proposed to increase primarily as a result of major  maintenance projects.    Water rate adjustments will finance water main replacements; sanitary  sewer rate adjustment will finance the major maintenance of lift station.  There are no  proposed changes to in street lights or surface water management fees.    2014 2015 Fee Structure Basis Actual Proposed Increase Water base Account 3.75$ 3.98$ 0.23$ Water tier 1 (<30 thousand gallons) Gallonage 0.89$ 0.94$ 0.05$ Water tier 2 (30 - 49 thousand gallons) Gallonage 1.40$ 1.48$ 0.08$ Water tier 3 (>49 thousand gallons) Gallonage 2.40$ 2.54$ 0.14$ State of MN water testing fee Connection 1.59$ 1.59$ -$ Sanitary sewer base Account 6.65$ 6.85$ 0.20$ Sanitary sewer usage (1,000 gallons) Gallonage 3.29$ 3.39$ 0.10$ Sanitary sewer non-metered accounts Account 65.87$ 67.87$ 2.00$ Street lights (residential) Account 8.14$ 8.14$ -$ Street lights (non-residential) Front foot 0.2277$ 0.2277$ -$ Surface water management fee REU 7.00$ 7.00$ -$   In order to mitigate significant rate increases, water main replacements and lift station #6 are  proposed to be financed with debt which will be repaid with user fees over a 10 ‐ 20 period.    Examples of the net impact of the rate adjustments on utility customers are as follows:       2014 2015 Amount Percentage Customer  Type Gallons Actual Proposed Increase Increase Senior Citizen 10,000        50.83$   52.18$          1.35$        2.7% Residential  18,000        102.37$ 105.50$        3.13$        3.1% Residential 36,000        181.18$ 187.22$        6.04$        3.3% Commerical 45,000        223.39$ 231.05$        7.66$        3.4% Commerical 135,000      731.49$ 760.51$        29.02$      4.0%   Note: Due to high variability between parcel size and characteristics, commercial accounts  shown above does not include estimated street lights and surface water fees.     53 WATER    Fund Description    The Water Operation is a collection, treatment, storage, and distribution system that delivers  potable water to more than 18,000 residential, commercial, institutional, and industrial  properties. The system also accounts for all costs related to the operation and maintenance of  17 wells, 5 towers, 2 reservoirs, water treatment plant, and 312 miles of water distribution  system    Uses of Funds    The water use fees provide adequate resources to finance current operating costs including  personnel and equipment replacements.   However, water main replacements associated with  street reconstruction projects exceed annual net revenues and financial capacity.       ‐  2,000,000  4,000,000  6,000,000  8,000,000  10,000,000  12,000,000 2015 2016 2017 2018 2019 Revenue Expenditures Major maintenance     Therefore, in order to mitigate the adverse rate increases, water main replacements are  proposed to be financed with debt repaid with user fees over a ten year period with the  exception of the 2015 water main replacements (approximately $7.0 million) which will be  financed over 20 year period.    Debt   Proposed budget anticipates the issuance of debt to finance water main replacements as  shown below.    Initial  Uses Principal 2015 2016 2017 2018 2019 2014 Street Recon 2,295,000   66,684$ 273,350$ 274,200$ 274,950$    270,650$     2015 Street Recon 7,050,000   246,750   496,046   496,046      496,046       2016 Street Recon 1,650,000   49,500     193,430      193,430       2017 Street Recon 1,790,000   53,700        209,843       2018 Street Recon 1,750,000    ‐         ‐           ‐           ‐              52,500         Total Annual Obligations 66,684$ 520,100$ 819,746$ 1,018,126$ 1,222,469$  Estimated annual principal and  interest   payment   54 Sources of Funds    In order to provide adequate revenues to meet operating and working capital requirements as  well as annual debt payments related to water main replacements, water rates are projected to  increase 6.0% each year for the next five years.  Examples of projected customer future water  costs are as follows:  Customer  Gallons 2014 2015 2016 2017 2018 2019 Senior Citizen 10,000        $8.86 $9.37 $10.17 $11.02 $11.92 $12.72 Residential  18,000        $19.77 $20.90 $22.15 $23.48 $24.89 $26.14 Residential  36,000        $39.36 $41.60 $44.10 $46.74 $49.55 $52.02 Commerical  45,000        $51.96 $54.92 $58.22 $61.71 $65.41 $68.68 Commerical  135,000      $263.96 $279.28 $296.04 $313.80 $332.63 $349.26 Water ‐ Only   Working Capital    Working capital is a financial metric which represents operating liquidity.  Working capital is  current assets minus current liabilities.    2015 2016 2017 2018 2019 Cash 3,476,521$      3,467,980$      3,182,227$      2,991,952$      2,894,672$       Other current assets 2,568,889        2,732,753        2,908,770        3,097,860        3,274,439         Total  current assets 6,045,410        6,200,733        6,090,997        6,089,812        6,169,111         Liabilities (402,592)          (421,590)          (451,121)          (484,512)          (523,545)           Net Working Capital 5,642,818$      5,779,143$      5,639,876$      5,605,300$      5,645,566$       Summary of Working Capital Water Fund   The proposed financial plan including water rate adjustments and debt for water main  replacements will result in adequate working capital for the foreseeable future.    Cash (graph balances and minimum requirements)    The Water Fund will have adequate cash balances in the coming years; however, recalibrations  of rates may be required in future years.   ‐  1,000,000  2,000,000  3,000,000  4,000,000 2015 2016 2017 2018 2019 Current Cash Min Cash Required   55 2015 2016 2017 2018 2019 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED BUDGET BUDGET BUDGET BUDGET BUDGET Revenues Water sales 3,423,662$ 3,683,518$ 3,963,097$ 4,263,896$ 4,544,248$ Penalties 161,503 161,503 161,503 161,503 161,503 Meter sales, net 2,500 2,500 2,500 2,500 2,500 State of Mn - PERA 1,632 1,632 1,632 1,632 1,632 Disposal of assets 4,500 4,500 4,500 4,500 4,500 Investment income (charges)28,988 24,336 24,276 22,276 20,944 Total Revenues 3,622,785 3,877,989 4,157,508 4,456,307 4,735,327 Expenses Personnel services 986,129 1,005,852 1,025,969 1,046,488 1,067,418 Commodities 366,252 373,577 381,049 388,670 396,443 Contractual services 1,254,657 1,279,750 1,305,345 1,331,452 1,358,081 Major maintenance projects 8,322,333 2,051,356 2,226,903 2,210,050 1,635,395 Total Expenses 10,929,371 4,710,535 4,939,266 4,976,662 4,457,340 Net Operating Income (loss)(7,306,586) (832,546) (781,758) (520,354) 277,987 Other Receipts (Disbursements) Bond proceeds 7,050,000 1,650,000 1,790,000 1,750,000 1,210,000 Transfers to General Fund (142,992) (147,997) (153,177) (158,538) (164,087) Debt payments (66,684) (520,100) (819,746) (1,018,126) (1,222,469) Capital outlay acquisitions (68,624) (13,033) (174,586) (87,558) (61,166) Net Other 6,771,700 968,870 642,492 485,778 (237,721) Net Increase (Decrease) (534,886) 136,325 (139,266) (34,576) 40,266 Working Capital, January 1 6,177,704 5,642,818 5,779,143 5,639,876 5,605,300 Working Capital, December 31 5,642,818$ 5,779,143$ 5,639,876$ 5,605,300$ 5,645,566$ Statement of Revenue, Expense and Changes in Working Capital WATER OPERATING FUND      56 SANITARY SEWER  Fund Description    The Sanitary Sewer Operation is a collection and forwarding system that removes wastewater  from residential, commercial, institutional, and industrial properties. The system also accounts  for all costs associated with the operation and maintenance of lift stations and sanitary sewer  mains. The treatment facility operations are the responsibility of the Metropolitan Council  Environmental Services (MCES).    Uses of Funds    The sanitary sewer use rates provide adequate resources to finance current operating costs;  however, the major maintenance costs of Lift Station #6 (19100 Orchard Trail) and replacement  of the sewer vactor in 2016 will exceed annual net revenues and financing capacity to finance  on a pay‐as‐you‐go basis.     ‐  1,000,000  2,000,000  3,000,000  4,000,000  5,000,000  6,000,000 2015 2016 2017 2018 2019 Revenue Expenditures Major maintenance     Therefore, in order to provide adequate working capital and mitigate adverse sanitary sewer  rate increases, the proposed budget is premised on a sanitary sewer rate increase in 2015 and  the issuance of debt ($720,000) in 2016 which will be repaid with user fees over a 10 year  period.       Approximately 80% of the Sanitary Sewer Fund budget is for MCES cost of treatment and  disposal of system effluent.  There is a slight decrease in MCES costs for the coming year.   Financial projections shown on subsequent pages are premised on no future increases in MCES  costs.      Sources of Funds  In order to provide adequate revenues for operations and financial working capital, sanitary  rates are proposed to increase (see rates on page 52) for the coming year.  Examples of  projected customer costs are as follows.    57 Customer Gallons 2014 2015 Senior Citizen 10,000 $27.69 $28.53 Residential  18,000 $65.87 $67.87 Residential  36,000 $125.09 $128.89 Commerical 45,000 $154.70 $159.40 Commerical 135,000 $450.80 $464.50 Sanitary Sewer  ‐  Only     Future sanitary sewer rate adjustments will be highly dependent on MCES cost changes.    Working Capital    Working capital is a financial metric which represents operating liquidity.  Working capital is  current assets minus current liabilities.  Assuming there are no future increases in MCES costs,  the projected future working capital balances are as follows:    2015 2016 2017 2018 2019 Cash 2,667,092$        2,443,760$        2,391,892$        2,410,191$        2,497,956$         Other current assests 17,332                17,643                17,962                18,287                18,619                 Total  current assets 2,684,424          2,461,403          2,409,854          2,428,478          2,516,575           Liabilities (161,885)            (148,666)            (153,269)            (157,507)            (156,379)             Net Working  Capital 2,522,539$        2,312,737$        2,256,585$        2,270,971$        2,360,196$         Summary of Working Capital Sanitary Sewer Fund   The proposed financial plan including will result in adequate working capital for the foreseeable  future.    Cash (graph balances and minimum requirements)    The Sanitary Sewer Fund will have adequate cash balances in the coming years; however,  recalibrations of rates may be required in the future.       ‐  1,000,000  2,000,000  3,000,000 2015 2016 2017 2018 2019 Current  Cash Min Cash Required     58 2015 2016 2017 2018 2019 ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED BUDGET BUDGET BUDGET BUDGET BUDGET Revenues Sewer use fees 4,966,743$ 5,041,244$ 5,116,862$ 5,193,615$ 5,271,520$ State of Mn - PERA 1,632 1,632 1,632 1,632 1,632 Disposal of assets 4,500 5,250 5,250 5,250 5,250 Investment income (charges)18,187 13,338 13,338 13,338 13,338 Total Revenues 4,991,062 5,061,464 5,137,082 5,213,835 5,291,740 Expenses MCES charges 3,253,486 3,302,288 3,351,823 3,402,100 3,453,131 Personnel services 711,807 726,043 740,564 755,375 770,483 Commodities 88,484 90,254 92,059 93,900 95,778 Contractual services 303,401 309,469 315,658 321,972 328,411 Major maintenance projects 460,270 992,000 297,000 317,000 272,000 Total Expenses 4,817,448 5,420,054 4,797,104 4,890,347 4,919,803 Net Operating Income (loss)173,614 (358,590) 339,979 323,489 371,936 Other Receipts (Disbursements) Bond proceeds 720,000 Transfers from Environmental Res. Fund 19,045 19,060 19,060 19,060 19,060 Transfers to General Fund (146,428) (149,885) (149,885) (149,885) (149,885) Debt payments - (90,720) (90,720) (90,720) Capital outlay acquisitions (68,624) (440,386) (174,586) (87,558) (61,166) Net Other (196,007) 148,789 (396,131) (309,103) (282,711) Net Increase (Decrease) (22,393) (209,801) (56,152) 14,386 89,225 Working Capital, January 1 2,544,932 2,522,539 2,312,737 2,256,585 2,270,971 Working Capital, December 31 2,522,539$ 2,312,737$ 2,256,585$ 2,270,971$ 2,360,196$ SANITARY SEWER OPERATING FUND Statement of Revenue, Expense and Changes in Working Capital             59 STREET LIGHTS    Fund Description    The Street Light Operation is designed to protect property, health and safety of the  community’s residents and businesses. The system is maintained by Xcel Energy and Dakota  Electric Association.    Uses of Funds    The street lights budget for 2015 is $796,274.  Of that amount, approximately $660,000 or 83%  will be used to pay for electric service.  DEA has announced a 1.5% rate increase effective  October 2014 and XCEL Energy has announced a 5.6% rate increase effective January 2015.  The  2015 budget also provides $102,200 for street light replacements which includes $96,000 for  Kensington Boulevard.  The remaining $34,000 covers the costs of billing services, overhead,  inspections of approximately 4,300 street lights and labor for changing seasonal banners and  flags on downtown street lights.    Sources of Funds    The Street Light Fund is financed with user fees.  Residential properties are charged $8.14 per  quarter and non‐residential properties are billed at $0.2277 per front footage.  There are no  proposed rate changes for the coming year.    Working Capital    Working capital is a financial metric which represents operating liquidity.  Working capital is  current assets minus current liabilities.      2014 2015 2013 ADOPTED 2014 ESTIMATED ACTUAL BUDGET ESTIMATE BUDGET Cash 137,548$       160,708$       199,418$       143,726$        Other current assets 94,666           63,501           99,979           100,230          Total assets 232,214         224,209         299,397         243,956          Liabilities (49,377)          (65,475)          (53,895)          (58,177)           Net working  capital 182,837$       158,734$       245,502$       185,779$        Working  capital as % of  expenses 26.21% 20.95% 36.10% 23.33% STREET LIGHT OPERATING FUND Summary of Working Capital   60   The Street Light Fund has adequate and sufficient working capital to finance operations for the  coming year.    2014 2015 2013 ADOPTED 2014 ESTIMATED ACTUAL BUDGET ESTIMATE BUDGET Revenues Street light fees 699,457$       742,300$       738,765$       739,621$        Investment income (charges)(385)               1,266             402                499                 Total Revenues 699,072         743,566         739,167         740,120          Expenses Personnel  services 16,538           17,397           17,693           18,238            Commodities 5                    31                  31                  31                   Contractual services 677,250         684,438         655,210         681,805          Major maintenance  projects ‐                     52,329           ‐                     96,200            Total Expenses 693,793         754,195         672,934         796,274          Net Operating Income (loss)5,279             (10,629)          66,233           (56,154)           Other Receipts (Disbursements) Transfers from/(to) General Fund (3,794)            (3,436)            (3,568)            (3,568)             Net Other (3,794)            (3,436)            (3,568)            (3,568)             Net Increase (Decrease) 1,485             (14,065)          62,665           (59,722)           Working  Capital, January 1 181,352         183,753         182,837         245,502          Working  Capital, December 31 182,837$       169,688$       245,502$       185,779$        Statement of Revenue, Expense  and Changes in Working Capital STREET LIGHT OPERATING FUND               61 ENVIRONMENTAL RESOURCES      Fund Description    The Environmental Resources Fund’s purpose is to manage, promote and protect the City’s  natural resources including lakes, wetlands, streams, prairies and woodlands. The objective is  accomplished through public education endeavors, surface water infrastructure management  and monitoring the natural resources.    The Environmental Resources Department has become responsible for developing programs  that promote and expand the community’s environmental recycling awareness. These  programs are designed to encourage landfill abatement and proper waste disposal through  education and opportunities. The recycling programs that promote educating, reducing,  reusing, and recycling are funded by a grant from Dakota County.      Uses of Funds    The primary activities financed thru the Environmental Resources Utility Fund are:   Personnel   Storm water programming support and updates   Lake assessments (evaluations) and treatments   Water quality programs  o Wetland restoration  o Prairie maintenance  o Shoreline maintenance   Capital improvements  o Foxborough park wetland mitigation  o Stormwater rehabilitation programs   Recycling programs and promotion    Sources of Funds    The Environmental Resources Fund is financed with surface water management user fees.  The  current surface water management rate for residential properties is $7.00 per quarter.   Commercial and industrial properties surface water management fees are calculated based on  the acreage of impervious areas. There are no proposed changes in surface water management  rates for the coming year.          62 Working Capital    Working capital is a financial metric which represents operating liquidity.  Working capital is current  assets minus current liabilities.        2014 2015 2013 ADOPTED 2014 ESTIMATED ACTUAL BUDGET ESTIMATE BUDGET Cash 917,986$    579,087$    723,007$    480,449$     Other current assets 114,098      29,940        33,642        32,000         Total assets 1,032,084   609,027      756,649      512,449       Liabilities (171,411)     (133,620)     (169,465)     (140,915)      Net working  capital 860,673$    475,407$    587,184$    371,534$     Working  capital as % of  expenses 113.03% 51.90% 54.00% 38.61% ENVIRONMENTAL  RESOURCES OPERATING FUND Summary of Working Capital     The Environmental Resources Fund has adequate and sufficient working capital for the foreseeable  future.  63 2014 2015 2013 ADOPTED 2014 ESTIMATED ACTUAL BUDGET ESTIMATE BUDGET Revenues Surface Water Mgmt. Fees 685,567$    683,410$    684,046$    694,606$     Other fees 2,105          2,500          2,500          2,500           Grants 153,509      44,492        123,292      44,892         Investment income (3,014)         ‐                  3,270          3,812           Total Revenues 838,167      730,402      813,108      745,810       Expenses Personnel  services 232,995      232,194      244,020      245,258       Commodities 26,276        26,374        26,412        26,187         Contractual  services 217,566      501,568      659,486      530,457       Total Expenses 476,837      760,136      929,918      801,902       Other Receipts (Disbursements) Transfers from/(to) General  Fund (143,697)     (136,426)     (138,590)     (141,377)      Transfer to Building Fund ‐                  (460)             ‐                   ‐                   Transfer to Sanitary Sewer Operating (19,248)       (19,045)       (18,963)       (19,055)        Transfer from Water fund 4,023           ‐                   ‐                   ‐                   Transfer from Liquor fund 1,396          1,200          874             874              Capital outlay acquisitions (121,669)     ‐                  ‐                  ‐                   Net Other (279,195)     (154,731)     (156,679)     (159,558)      Net Increase (Decrease) 82,135        (184,465)     (273,489)     (215,650)      Working  Capital, January 1 778,538      659,872      860,673      587,184       Working  Capital, December 31 860,673$    475,407$    587,184$    371,534$     ENVIRONMENTAL RESOURCES OPERATING FUND Statement of Revenue, Expense  and Changes in Working Capital        64 2015 2016 2017 2018 2019 WATER OPERATING FUND 7602 - Water Administration/WTF WTF Reroofing 661,000$ -$ -$ -$ -$ Welding exhaust in shop 5,800 - - - - Change WTF monument sign 5,000 - - - - 671,800 - - - - 7606 - Meter Repair and Replacement Residential Program - Meter Replacement Program (aging meters) 195,398 200,000 205,000 210,000 215,000 Residential Program - Transmitter install 312,100 90,000 92,000 95,000 98,000 507,498 290,000 297,000 305,000 313,000 7610 - Water Production (Wells, Pumps, - Excl. Well #10) Well #4 - Roof replacement 25,000 - - - - Well #6 - Rehabilitation 60,000 - - - - Well #8 Rehabilitation - 60,000 - - - HSPS 600HP Pump - - 60,000 - - Well #11 Rehabilitation - - 60,000 - - Well #12 Rehabilitation - - - 60,000 - Well #13 Rehabilitation - - - 60,000 - Filter Backwash Pump - - - 45,000 - Well #14 Rehabilitation - - - - 60,000 Well #19 Rehabilitation - - - - 60,000 85,000 60,000 120,000 165,000 120,000 7612 - Water Main Repair 2014 Watermain Replacement Proj 14-02 2015 Watermain Replacement Proj 15-02 7,048,835 - - - - 2016 Watermain Replacement Proj 16-02 - 1,641,356 - - - 2017 Watermain Replacement Proj 17-02 - - 1,784,903 - - 2018 Watermain Replacement Proj 18-02 - - - 1,740,050 - 2019 Watermain Replacement Proj 19-02 - - - - 1,202,395 7,048,835 1,641,356 1,784,903 1,740,050 1,202,395 7624 - Towers Dakota Heights Water Tower - Cleaning/Inspection - 15,000 - - - Fairfield Water Tower - Cleaning/Inspection - 15,000 - - - Airlake Water Tower - Cleaning/Inspection - 15,000 - - - CMF Water Tower - Cleaning/Inspection - 15,000 - - - Michaud Park Tower - Cleaning/Inspection 20,000 - 25,000 - - 20,000 60,000 25,000 - - Total Water Operating Fund 8,333,133$ 2,051,356$ 2,226,903$ 2,210,050$ 1,635,395$ WATER AND SANITARY SEWER OPERATING FUNDS MAJOR MAINTENANCE AND CIP IMPROVEMENTS 2015 - 2019     65 2015 2016 2017 2018 2019 SANITARY SEWER OPERATING FUND 7710 - I/I Study and Reduction Inflow/Infiltration Mitigation Repairs 77,000$ 77,000$ 77,000$ 77,000$ 77,000$ 7712 - Lift Station Rehabilitation Lift Station #12 Rehabilitation 45,000 - - - - Lift Station #13 Rehabilitation 45,000 - - - - Lift Station Grinders #1-#3 50,000 - - - - Lift Station #6 Rehabilitation (2016) - Engineering Services (2015) 100,000 620,000 - - - Lift station #7 rehabilitation - 100,000 - - - Lift station #23 pump replacement - 20,000 - - - Lift Station #8 Rehabilitation - - 45,000 - - Lift Station #16 Rehabilitation - - - 45,000 - Lift Station #24 Rehabilitation - - - 20,000 - Lift Station #9 Rehabilitation - - - - 20,000 240,000 740,000 45,000 65,000 20,000 7714 - Sewer Line and Manhole Sanitary Sewer Rehabilitation Proj 15-02 143,270 - - - - Sanitary Sewer Rehabilitation Proj 16-02 - 175,000 - - - Sanitary Sewer Rehabilitation Proj 17-02 - - 175,000 - - Sanitary Sewer Rehabilitation Proj 18-02 - - - 175,000 - Sanitary Sewer Rehabilitation Proj 19-02 - - - - 175,000 143,270 175,000 175,000 175,000 175,000 Total Sanitary Sewer Operating Fund 460,270$ 992,000$ 297,000$ 317,000$ 272,000$ WATER AND SANITARY SEWER OPERATING FUNDS MAJOR MAINTENANCE AND CIP IMPROVEMENTS 2015 - 2019 66 Description 2015 2016 2017 2018 2019 Chevy 3/4 Ton 4x4 Pick-Up 35,479$ Chevy 3/4 Ton 4x4 Pick-Up 35,479 Chevy 3/4 Ton 4x4 Pick-Up 35,479 2007 1/2 Ton 4x4 Pick-Up 34,561 2007 1/2 Ton 4x4 Pick-Up 34,561 Chevy 3/4 T Pick-Up 36,702 Chevy 3/4 T Pick-Up 36,702 Ford 1/2 Ton Van 28,928 2007 1 Ton 4x4 Truck w/plow 84,063 2003 F-550 Truck - Utility Truck with Crane 120,638 Sterling Vactor 427,353 Case Backhoe 172,866 Trash pump 1,350 Generator 2,656 Generator 47,995 Air compressor 1,756 Manhole fan 2,050 Snowblower 1,365 Cutoff saw 1,361 Weed whip 684 GPS unit 4,560 Conference Station 1,760 Pallet Forks 1,110 Interactive whiteboard 7,830 Other 20,000 20,000 20,000 20,000 ENVIRONMENTAL RESOURCES 2005 Chevy 1/2 Ton 4x4 32,000 2005 Chevy 1/2 Ton 4x4 32,000 Handheld GPS Unit 3,009 Computer Desktop & software 3,768 - - - - - Total 144,025$ 453,420$ 413,172$ 175,116$ 122,332$ Year EQUIPMENT DEPARTMENT: Utility 67   INTERNAL    SERVICE    FUND  68 MUNICIPAL RESERVES FUND      Fund Description    The Municipal Reserves Fund is used to account for the City’s risk management program  relating to general liability, excess liability, property and casualty insurance costs which are  charged to other City funds on a cost reimbursement basis.      Uses of Funds    Under the Governmental Accounting Standards Board (GASB) Statement No. 10, risk  management activities of a government entity can be accounted for in either the General Fund  or an Internal Service Fund, if one fund is used. The City uses the Internal Service Municipal  Reserves Fund to budget such costs. Under this model, the various City funds receive a charge  from the Municipal Reserves Fund, and all costs (premiums, claims, and related expenses) are  reflected in a single fund. This allows for better accountability and monitoring of the City’s risk  management costs.        Sources of Funds    The primary source of revenue is charges from other funds.  In order to maintain the current  funding ratios, the 2015 transfers from other fund is projected to increase 8.9%.      Fund Balance    The fund balance is a reserve for claims exceeding LMCIT coverages or sustained periods where  claims exceed budget estimates.      Other Financial Information    The City does not purchase Excess Liability Coverage insurance.    69 2014 2015 2013 Amended 2014 Proposed Increase/ Actual Budget Estimate Budget (Decrease) Operating Revenues Charges for services 298,427$   381,325$   381,324$   415,277$   33,952$        Other 112,636     74,150       74,150       74,150        ‐               Total operating  revenues 411,063     455,475     455,474     489,427     33,952          Operating expenses Other charges  and services 478,310     428,727     430,549     439,415     10,688          Operating income (loss) (67,247)      26,748       24,925       50,012       23,264          Non‐operating revenue (expense) Investment income (charges) (1,235)        3,150         3,729         3,609         459               Transfer to General Fund (47,141)      (48,555)      (48,555)      (50,012)      (1,457)          Total non‐operating  (net) (48,376)      (45,405)      (44,826)      (46,403)      (998)             Change in net position (115,623)    (18,657)      (19,901)      3,609         22,266          Net position, January 18 5 7 , 3 6 4     831,991     741,741     721,840     (110,151)      Net position, December 31 741,741$   813,334$   721,840$   725,449$   (87,885)$      Municipal Reserves Fund Schedule of Revenues, Expenses and Changes in Net Position 70     APPENDIX                                            71 2014 2015 2013 Amended 2014 Proposed Actual Budget Estimate Budget Revenues General property taxes 15,964,728$ 16,794,367$ 16,826,757$ 17,811,502$ Licenses and permits 2,087,937 1,947,676 1,951,991 1,968,416 Intergovernmental 797,372 608,401 735,034 827,661 Charges for services 2,037,504 2,156,037 2,170,999 2,939,577 Court fines 219,535 274,590 209,716 288,001 Investment income (27,206) 44,413 40,376 40,376 Miscellaneous 93,913 61,461 77,468 46,145 Total revenues 21,173,783 21,886,945 22,012,341 23,921,678 Expenditures General government Mayor and Council 91,761 97,021 97,071 97,411 Committees and Commissions 56,606 62,794 66,013 71,096 City administration 347,280 409,435 432,675 414,285 City Clerk 114,304 186,347 199,761 127,401 Legal counsel 72,033 82,351 82,351 82,351 Planning 361,156 433,534 420,943 429,809 Community and econ. development 293,513 300,021 299,834 300,526 Inspections 840,837 861,258 902,770 854,922 General government facilities 401,024 420,461 443,493 433,123 Finance 612,903 637,796 637,287 665,298 Information systems 460,185 495,188 490,644 530,931 Human resources 334,446 355,179 357,611 378,472 Insurance 227,420 289,075 289,075 322,100 Public safety Police 8,648,351 9,018,274 9,064,199 9,211,309 Fire 1,469,731 1,438,168 1,559,677 1,639,147 Public works Engineering 666,090 911,918 740,415 712,273 Streets 3,100,857 2,759,539 3,167,341 3,548,005 Parks and recreation Parks 2,135,103 2,251,780 2,245,504 2,388,645 Recreation 562,675 589,769 607,668 608,476 Heritage Center 90,419 79,311 97,569 104,516 Arts Center 425,994 408,390 433,828 448,505 Other - 151,890 46,890 105,000 Total expenditures 21,312,688 22,239,499 22,682,619 23,473,601 Excess (deficiency) of revenues over expenditures (138,905) (352,554) (670,278) 448,077 Other financing sources (uses) Transfer from other funds 715,297 759,814 757,755 809,935 Transfer to other funds (2,401,607) - - (727,000) Total other financing sources (uses) (1,686,310) 759,814 757,755 82,935 Net change in fund balance (1,825,215) 407,260 87,477 531,012 Fund balance, January 1 11,491,775 9,666,560 9,666,560 9,754,037 Fund balance, December 31 9,666,560$ 10,073,820$ 9,754,037$ 10,285,049$ Ratio: Fund balance to expenditures 45.4%45.3%43.0%43.8% General Fund Schedule of Revenues, Expenditures and Changes in Fund Balances For the Year Ending December 31, 2015 CITY OF LAKEVILLE, MINNESOTA   72 2014 2015 2013 Amended 2014 Proposed Actual Budget Estimate Budget Function General government 4,213,468 4,630,460 4,719,528 4,707,725 Public safety 10,118,082 10,456,442 10,623,876 10,850,456 Public works 3,766,947 3,671,457 3,907,756 4,260,278 Parks and recreation 3,214,191 3,329,250 3,384,569 3,550,142 Contingency - 151,890 46,890 105,000 21,312,688 22,239,499 22,682,619 23,473,601 Classification Personnel services 15,186,343 16,016,481 16,220,462 16,824,666 Commodities 1,938,689 1,626,533 1,831,556 1,714,057 Other charges and services 4,150,267 4,382,922 4,493,681 4,675,622 Capital outlay 37,389 108,563 136,920 154,256 Contingency - 105,000 - 105,000 21,312,688 22,239,499 22,682,619 23,473,601 73 2014 2015 2013 Amended 2014 Proposed Actual Budget Estimate Budget General property taxes Ad valorem taxes - current 13,946,037$ 14,631,396$ 14,730,171$ 14,730,171$ Ad valorem taxes - current 990,536 Ad valorem taxes - delinquent 144,599 178,840 118,950 118,950 Market value homestead credit 2,969 Fiscal disparities 1,784,432 1,904,664 1,904,664 1,904,664 Penalties and interest 16,156 14,800 16,156 16,156 Manufactured home tax 51,068 45,200 47,825 47,825 Gravel tax 19,467 19,467 8,991 3,200 Total general property taxes 15,964,728 16,794,367 16,826,757 17,811,502 General Fund Schedule of Revenues and Other Financing Sources (Uses) 74 2014 2015 2013 Amended 2014 Proposed Actual Budget Estimate Budget Licenses and permits Licenses Tobacco 450$ 9,600$ 9,600$ 9,600$ Trash removal 3,750 3,750 3,750 4,250 Dog 16,420 15,487 15,487 15,487 Signs 5,750 5,100 5,750 5,750 On-sale liquor 119,400 122,200 129,100 140,350 Sunday liquor 4,200 4,200 4,200 4,200 Club license 500 500 500 - Non-intoxicating liquor on 1,200 1,550 1,200 1,200 Non-intoxicating liquor off 975 975 975 3,900 Wine 2,000 2,000 2,000 3,200 Tree removal 1,155 1,275 1,275 - Fireworks 1,900 1,550 1,900 1,900 Massage 2,675 1,875 1,875 3,200 Miscellaneous 5,575 2,550 2,550 2,650 Total licenses 165,950 172,612 180,162 195,687 Permits Plan review fees 418,673 399,178 399,178 399,178 Building 1,118,995 1,018,205 1,018,205 1,018,205 Plumbing 85,223 78,685 78,685 78,685 Water/sewer 38,584 36,843 36,843 36,843 Mechanical 99,298 84,834 84,834 84,834 Grading/filling 525 450 450 450 Excavating/gravel 1,775 1,775 1,775 1,775 Driveway 2,250 700 700 700 Zoning 4,740 3,800 3,800 3,800 Right-of-way 41,419 44,600 41,420 41,420 Fire burning 1,050 1,050 1,050 1,050 Electrical 108,616 104,444 104,444 104,444 Miscellaneous 839 500 445 1,345 Total permits 1,921,987 1,775,064 1,771,829 1,772,729 Total licenses and permits 2,087,937 1,947,676 1,951,991 1,968,416 General Fund Schedule of Revenues and Other Financing Sources (Uses) 75 2014 2015 2013 Amended 2014 Proposed Actual Budget Estimate Budget Intergovernmental State-aid police 378,812$ 349,747$ 378,820$ 386,105$ State-aid fire relief 313,364 213,067 314,365 314,365 State-aid pensions 21,303 21,303 21,303 21,303 State POST Board grant 17,771 17,604 17,784 18,126 State Drug Task Force grant 3,160 - - - State performance aid - - - - Dakota County Gun Range Cleanup 11,044 - - - State gun range environmental grant - - - - State Police protective vests grant 5,687 2,100 2,100 2,100 State fire training grant 13,320 State ski trail grant 462 - 462 462 State snowmobile trail maint. grant 200 200 200 200 Federal traffic safety project 21,018 - - - Federal DWI enforcement 10,984 - - - Fed. CDBG community development - - - - Federal, State FEMA - - - - Tax increment redistribution - - - 85,000 Other grants 247 4,380 - - Total intergovernmental 797,372 608,401 735,034 827,661 General Fund Schedule of Revenues and Other Financing Sources (Uses) 76 2014 2015 2013 Amended 2014 Proposed Actual Budget Estimate Budget Charges for services General government Rezoning fees 1,500$ 1,500$ 1,500$ 1,500$ Platting fees 9,950 10,000 9,000 9,000 Variance fees 3,000 1,500 1,500 1,500 PUD application fees 1,000 1,500 1,000 1,000 CUP fees 4,900 4,600 4,600 4,600 Home occupation fees 300 200 200 300 Planner fees 30,784 40,000 34,000 34,000 Reimspection fees - - 7,000 7,000 Inspection department fees 19,506 22,265 19,165 19,165 General government service charge 6,246 2,248 2,248 2,248 Tree escrow fund administration 458 500 500 500 Lodging tax fee 8,787 8,770 8,963 9,142 Fiscal Agent - Dakota Comm. Ctr. 63,504 64,945 64,452 65,741 Fiscal Agent - Arenas 32,000 32,000 32,000 32,000 Investment management fees 28,220 30,000 28,200 28,200 Sale of maps/copies 633 700 700 700 Sale of printed materials - Sales tax refund 27,455 Finance charges 1,443 595 595 610 Total general government 239,686 221,323 215,623 217,206 Public safety Police department charges 158,832 148,591 150,009 229,017 SRO - ISD 194 contributions 165,652 172,023 169,642 173,035 Animal pickup 3,297 3,525 3,363 3,363 Animal storage 6,494 7,738 6,200 6,200 Animal rabies 2,693 2,700 1,930 2,700 Restitution 420 200 200 200 Forfeiture - sale of assets 25,060 42,000 42,000 42,000 Fire contracts 35,270 36,250 36,250 36,975 Fire department charges 877 600 600 600 ALF Ambulance - admin. charge 4,646 4,691 4,691 4,738 Total public safety 403,241 418,318 414,885 498,828 General Fund Schedule of Revenues and Other Financing Sources (Uses) 77 2014 2015 2013 Amended 2014 Proposed Actual Budget Estimate Budget Charges for services (continued) Public works Engineering platting - preliminary 29,266$ 20,870$ 22,850$ 22,850$ Engineering platting - final 6,873 8,000 6,580 6,580 Engineering plan review 2,186 7,000 2,660 2,660 Engineering drawing/base map prep - - - - Engineering developer insp. fees 2,988 18,000 3,000 3,000 Engineering developer cont. admin. 327,730 352,000 352,000 352,000 Engineering Imp. Proj. design variable 73,915 112,922 94,066 108,234 Engineering Imp. Proj. const. inspect. 122,090 127,037 105,824 121,764 Engineering street reconstruction projects 110,366 160,000 227,571 828,079 Engineering G.I.S. fees 30,225 24,000 28,500 28,500 Special assessment admin. charge6 3 , 5 8 8 66,688 66,688 70,684 Special assessment searches 1,675 1,500 1,560 1,560 Document/map sales 112 250 330 330 Bid plan/spec. deposits 152 100 150 150 Street department charges 19,869 14,450 14,450 14,450 Credit River - Judicial Road maint. 3,192 2,700 2,700 2,700 Developer street signs installation 20,090 14,000 18,740 18,740 Total public works 814,317 929,517 947,669 1,582,281 Parks, recreation and arts center Brochure advertising 9,050 8,050 9,900 9,900 Youth activities 91,601 115,817 101,167 101,922 Youth sport surcharge3 1 , 1 4 0 34,000 32,000 32,600 Youth special events 12,179 14,845 16,357 16,357 Youth special events donations 3,094 1,400 1,400 1,400 Adult activities 56,129 71,752 64,776 64,023 Puppet wagon donations 2,000 3,870 3,500 3,500 Safety Camp 1,540 2,560 2,562 2,560 Safety Camp donations 1,050 1,100 1,000 1,100 Senior Center donations 2,515 1,500 1,500 1,500 Senior Center Brochure Ad Revenue 5,575 - 5,825 5,825 Senior Center excursions 26,334 20,000 21,200 21,200 Ritter Farm Park ELC 14,316 8,818 11,678 11,678 Excursions 12,978 7,920 10,000 7,920 Tennis lessons 13,468 7,056 13,500 13,500 Total recreation programs 282,969 298,688 296,365 294,985 Park rental/maint./tournament fees 30,579 27,231 27,231 32,250 Tree sales (net)3,533 3,100 3,100 3,100 Boulevard mowing - Senior Center membership surcharge2 0 , 6 6 0 21,200 20,500 21,000 Senior Center Punchcard - 5,700 5,676 5,700 Senior Citizen Club Fundraising 8,864 4,000 4,000 29,327 Senior/Heritage Center rentals 11,782 10,000 13,000 26,500 Total parks and recreation 358,387 369,919 369,872 412,862 General Fund Schedule of Revenues and Other Financing Sources (Uses) 78 2014 2015 2013 Amended 2014 Proposed Actual Budget Estimate Budget Charges for services (continued) Parks, recreation and arts center (continued) Arts center program fees 74,447$ 72,250$ 72,250$ 74,850$ Arts center on-sale - 3,400 3,400 3,000 Arts center rental/event admissions 147,426 141,310 147,300 150,550 Total arts center 221,873 216,960 222,950 228,400 Total parks, recreation and arts center 580,260 586,879 592,822 641,262 Total charges for services 2,037,504 2,156,037 2,170,999 2,939,577 Court fines 219,535 274,590 209,716 288,001 Investment income (27,206) 44,413 40,376 40,376 Miscellaneous Disposal of assets 6,928 8,875 7,040 7,040 Park rental farming - 100 - - Donations 35,501 5,500 8,500 8,500 Antenna site leases 50,608 46,986 61,928 30,605 Other 876 - - - Total miscellaneous 93,913 61,461 77,468 46,145 Other financing sources (uses) - Transfers Special Revenue From Communications Fund 65,237 122,654 123,317 152,933 Capital Projects To Equipment Fund (1,811,607) - - (727,000) To Building Fund (590,000) Enterprise From Liquor Fund 162,488 159,323 157,820 165,173 From Utility Fund 440,431 429,282 428,063 441,817 Internal Service From Municipal Reserve Fund 47,141 48,555 48,555 50,012 Total other financing (net)(1,686,310) 759,814 757,755 82,935 General Fund Schedule of Revenues and Other Financing Sources (Uses) 79 2014 2015 2013 Amended 2014 Proposed Expenditures Actual Budget Estimate Budget Mayor and Council Personnel services 46,444$ 49,740$ 49,776$ 49,776$ Commodities - 50 50 50 Other charges and services 45,317 47,231 47,245 47,585 Total 91,761 97,021 97,071 97,411 Committees/Commissions Personnel services 46,370 49,884 52,451 57,336 Commodities 1,475 1,530 1,530 1,530 Other charges and services 8,761 11,380 12,032 12,230 Total 56,606 62,794 66,013 71,096 City administration Personnel services 333,559 394,878 396,187 395,760 Commodities 540 1,052 734 734 Other charges and services 12,077 13,505 35,754 17,791 Capital outlay 1,104 - - - Total 347,280 409,435 432,675 414,285 City Clerk Personnel services 101,468$ 114,347$ 115,067$ 104,429$ Commodities 88 1,686 1,686 282 Other charges and services 12,748 70,314 79,208 22,690 Capital outlay - - 3,800 - Total 114,304 186,347 199,761 127,401 Legal counsel Other charges and services 72,033 82,351 82,351 82,351 Planning Personnel services 347,116$ 411,930$ 380,490$ 406,215$ Commodities 1,114 2,573 1,974 2,248 Other charges and services 12,334 17,086 38,479 21,346 Capital outlay 592 1,945 - - Total 361,156 433,534 420,943 429,809 Community and economic development Personnel services 262,090$ 265,548$ 265,983$ 266,506$ Commodities 232 192 192 192 Other charges and services 31,191 34,281 33,659 33,248 Capital outlay - - - 580 Total 293,513 300,021 299,834 300,526 Inspection Personnel services 645,754$ 659,283$ 680,510$ 674,114$ Commodities 13,118 11,901 11,963 10,255 Other charges and services 159,290 167,614 187,003 169,303 Capital outlay 22,675 22,460 23,294 1,250 Total 840,837 861,258 902,770 854,922 (continued) General Fund Schedule of Expenditures 80 2014 2015 2013 Amended 2014 Proposed Expenditures (continued)Actual Budget Estimate Budget General government facilities Personnel services 191,568$ 199,695$ 203,633$ 204,108$ Commodities 12,111 22,339 21,859 22,084 Other charges and services 196,920 197,652 218,001 206,931 Capital outlay 425 775 - - Total 401,024 420,461 443,493 433,123 Finance Personnel services 547,910$ 560,975$ 559,556$ 568,092$ Commodities 2,676 4,024 4,409 5,034 Other charges and services 62,317 72,797 73,322 74,004 Capital outlay - - - 18,168 Total 612,903 637,796 637,287 665,298 Information systems Personnel services 298,042$ 311,917$ 305,696$ 311,448$ Commodities 6,047 5,847 6,366 5,847 Other charges and services 156,096 177,424 178,582 213,636 Capital outlay - - - - Total 460,185 495,188 490,644 530,931 Human resources Personnel services 256,922$ 268,870$ 271,381$ 294,193$ Commodities 1,379 1,609 1,719 2,577 Other charges and services 76,145 82,099 81,910 81,122 Capital outlay - 2,601 2,601 580 Total 334,446 355,179 357,611 378,472 Insurance Other charges and services 227,420 289,075 289,075 322,100 Police Personnel services 6,687,966$ 7,041,490$ 7,035,813$ 7,156,691$ Commodities 352,933 347,025 377,918 342,976 Other charges and services 1,603,328 1,629,759 1,650,468 1,711,642 Capital outlay 4,124 - - - Total 8,648,351 9,018,274 9,064,199 9,211,309 Fire Personnel services 1,091,666$ 1,051,015$ 1,159,586$ 1,201,560$ Commodities 129,792 132,484 138,272 150,568 Other charges and services 248,273 254,669 261,819 287,019 Capital outlay - - - - Total 1,469,731 1,438,168 1,559,677 1,639,147 (continued) General Fund Schedule of Expenditures 81 2014 2015 2013 Amended 2014 Proposed Expenditures (continued)Actual Budget Estimate Budget Engineering Personnel services 545,865$ 752,936$ 578,539$ 604,526$ Commodities 8,450 10,542 9,956 9,274 Other charges and services 111,775 69,652 87,242 86,891 Capital outlay - 78,788 64,678 11,582 Total 666,090 911,918 740,415 712,273 Streets Personnel services 1,704,869$ 1,693,264$ 1,867,866$ 2,277,722$ Commodities 1,107,228 787,830 945,372 835,781 Other charges and services 288,478 278,445 318,941 338,802 Capital outlay 282 - 35,162 95,700 Total 3,100,857 2,759,539 3,167,341 3,548,005 Parks Personnel services 1,482,546 1,525,215$ 1,595,055$ 1,616,595$ Commodities 259,211 254,394 263,827 271,081 Other charges and services 392,754 470,177 386,622 500,969 Capital outlay 592 1,994 - - Total 2,135,103 2,251,780 2,245,504 2,388,645 Recreation Personnel services 330,903 341,517$ 372,136$ 348,735$ Commodities 21,625 26,404 24,062 25,146 Other charges and services 208,911 221,848 211,470 215,096 Capital outlay 1,236 - - 19,499 Total 562,675 589,769 607,668 608,476 Heritage Center Personnel services 28,307 28,592$ 31,772$ 32,779$ Commodities 4,158 1,846 5,222 12,388 Other charges and services 51,595 48,873 53,190 56,892 Capital outlay 6,359 - 7,385 2,457 Total 90,419 79,311 97,569 104,516 Arts Center Personnel services 236,978 248,495$ 252,075$ 254,081$ Commodities 16,512 13,205 14,445 16,010 Other charges and services 172,504 146,690 167,308 173,974 Capital outlay - - - 4,440 Total 425,994 408,390 433,828 448,505 General Fund Schedule of Expenditures 82 2012 2013 2014 2015 Position Title Actual Actual Estimated Estimated General government City Administrator 1.0 1.0 0.7 1.0 Assistant to City Administrator 0.5 0.0 0.0 0.0 Administrative Services Manager 0.0 0.4 1.0 1.0 Executive Administrative Assistant/Deputy Clerk 1.0 1.0 1.0 1.0 Communications Manager 1.0 1.0 1.0 1.0 Communications Specialist 1.0 1.0 1.0 1.0 Video Production Specialists 2.0 2.0 2.0 2.0 City Clerk 1.0 1.0 1.0 1.0 Planning Director 1.0 1.0 1.0 1.0 Associate Planners 1.5 1.3 2.0 2.0 Code Enforcement 0.0 0.0 0.0 0.7 Planning Administrative Assistant 0.5 0.5 0.5 0.5 Community and Economic Development Director 1.0 1.0 1.0 1.0 Economic Development Specialist 1.0 1.0 0.9 1.0 Community and Economic Dev. Admin. Assistant 0.5 0.5 0.5 0.5 Building Official 1.0 1.0 1.0 1.0 Senior Inspectors 2.0 2.0 2.0 2.0 Building Inspectors 2.0 2.0 2.0 2.0 Building Senior Administrative Assistant 1.0 1.0 1.0 1.0 Building Administrative Assistant 1.0 1.0 1.0 1.0 Facility Maintenance Coordinator 1.0 1.0 1.0 1.0 City Hall Receptionists 1.6 1.6 1.6 1.6 City Hall Administrative Assistant 0.4 0.4 0.4 0.4 Finance Director 1.0 1.0 1.0 1.0 Senior Accountants 3.0 3.0 3.0 3.5 Accountant II 1.0 1.0 1.0 1.0 Accounts Payable Technician 1.0 1.0 1.0 1.0 Finance Senior Administrative Assistant 1.0 1.0 1.0 1.0 Information Systems Manager 1.0 1.0 1.0 1.0 Information Systems Network Specialist 1.0 1.0 1.0 1.0 Information Systems Technician 1.0 0.9 1.0 1.0 Human Resources Manager 1.0 1.0 1.0 1.0 Benefits Specialist 1.0 1.0 1.0 1.0 Payroll Technician 0.8 0.8 0.8 0.8 Administrative Assistant 0.0 0.0 0.0 0.3 Total general government 35.8 35.4 36.4 38.3 CITY OF LAKEVILLE, MINNESOTA Number of City Employees (Full Time Equivalent) 83 2012 2013 2014 2015 Position Title Actual Estimated Estimated Estimated Public safety Police Sworn officers Chief 1.0 0.8 1.0 1.0 Deputy Chief 0.0 0.0 0.7 1.0 Lieutenants 0.0 0.0 2.8 4.0 Captains 2.0 3.0 1.2 0.0 Sergeants 9.4 7.5 4.4 5.0 Investigators 5.0 5.0 5.0 6.0 Narcotics Task Force Officer 1.0 1.0 1.0 1.0 Patrol Officers 34.6 32.9 36.0 36.5 Total sworn officers 53.0 50.2 52.1 54.5 Business Manager 0.0 0.0 0.5 1.0 Evidence Technician 1.0 1.0 1.0 1.0 Community Service Officers 3.8 3.1 3.1 4.1 Animal Control Officer 1.0 1.0 0.4 0.0 Records Supervisor 1.0 1.0 0.5 0.0 Records Specialist 0.0 0.0 0.5 1.0 Records Administrative Assistants 5.4 5.4 4.4 4.7 Total police 65.2 61.7 62.5 66.3 Fire Fire Chief 1.0 1.0 1.0 1.0 Assistant Fire Chief 0.0 0.0 0.0 0.6 Fire Marshal 1.0 1.0 1.0 1.0 Fire Inspector 1.0 1.0 1.0 1.0 Fire Senior Administrative Assistant 1.0 1.0 1.0 1.0 Fire Administrative Assistant 0.6 0.6 0.6 0.6 Total fire 4.6 4.6 4.6 5.2 Total public safety 69.8 66.3 67.1 71.5 Public works Engineering City Engineer 1.0 1.0 1.0 1.0 Assistant City Engineer 1.0 0.6 0.5 1.0 Development/Design Engineer 1.0 0.0 0.0 0.0 Civil Engineer 0.0 0.4 1.0 1.0 Senior Construction Representative 1.0 1.0 1.0 0.0 Engineering Technician 0.0 0.0 1.0 1.0 Engineering Administrative Assistant 1.0 1.0 1.0 1.0 GIS Supervisor 1.0 1.0 1.0 1.0 GIS Technician 1.0 1.0 1.0 1.0 Total engineering 7.0 6.0 7.5 7.0 (continued) CITY OF LAKEVILLE, MINNESOTA Number of City Employees (Full Time Equivalent) 84 2012 2013 2014 2015 Position Title Actual Estimated Estimated Estimated Public works (continued) Streets Operations and Maintenance Engineer 0.0 0.0 0.5 1.0 Streets Superintendent 1.0 1.0 1.0 1.0 Streets Supervisor 1.0 1.0 1.0 1.0 Streets Lead Maintenance 1.0 1.0 1.0 1.0 Senior Construction Representative 0.0 0.0 0.5 2.0 Fleet Supervisor 0.0 0.0 0.3 1.0 Fleet Service Technician Lead 1.0 1.0 1.0 1.0 Streets Maintenance II 10.3 10.3 11.0 11.0 Fleet Service Technicians 4.0 4.0 4.0 4.0 Streets Administrative Assistant 1.0 1.0 1.0 1.0 Total streets 19.3 19.3 21.3 24.0 Total public works 26.3 25.3 28.8 31.0 Parks and recreation Parks Parks and Recreation Director 1.0 1.0 1.0 1.0 Parks Operations and Maintenance Manager 1.0 1.0 1.0 1.0 Parks Supervisor 1.0 1.0 1.0 1.0 Parks Lead Maintenance 1.0 1.0 1.0 1.0 Parks Maintenance II 9.0 9.0 9.0 9.0 Parks Senior Administrative Assistant 1.0 1.0 1.0 1.0 Parks Maintenance Administrative Assistant 1.0 1.0 1.0 1.0 Total parks 15.0 15.0 15.0 15.0 Recreation Recreation Supervisor 1.0 1.0 1.0 1.0 Recreation Program Supervisor 1.0 1.0 1.0 1.0 Recreation Administrative Assistant 1.0 1.0 1.0 1.0 Senior Center Coordinator 1.0 1.0 1.0 1.0 Senior Center Administrative Assistant 0.7 0.7 0.7 0.7 Total recreation 4.7 4.7 4.7 4.7 Heritage Center Heritage Center Facility Attendant 0.0 0.9 0.9 0.9 Facilities Manager 0.0 0.0 0.0 0.0 Total Heritage Center 0.0 0.9 0.9 0.9 Arts Center Arts Center Manager 1.0 1.0 1.0 1.0 Arts Center Administrative Assistant 1.0 1.0 1.0 1.0 Arts Center Facility Attendant 1.5 1.5 1.5 1.5 Pottery Manager 0.2 0.2 0.2 0.2 Total arts center 3.7 3.7 3.7 3.7 Total parks and recreation 23.4 24.3 24.3 24.3 Total general/special revenue fund employees 155.3 151.3 156.6 165.1 CITY OF LAKEVILLE, MINNESOTA Number of City Employees (Full Time Equivalent) (continued) 85 Description 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 Description Precinct Tabulators 26,667 26,667 26,667 - - EQUIPMENT - BUDGETED DEPARTMENT: City Clerk Year 86 Description 2015 2016 2017 2018 2019 Computer Replacement 15,499 47,925 57,510 57,510 5,000 Servers - - - 218,828 20,568 Switches - - 130,381 130,381 - Copy machines 9,986 - - - - Telephone replacements 18,900 19,264 19,264 19,264 19,264 Data backup & recovery server storage 34,092 - - - - Other 13,249 26,575 26,575 19,147 61,252 Total Capital Improvement 91,726 93,764 233,730 445,130 106,084 EQUIPMENT - BUDGETED DEPARTMENT: Technology 87 Description 2015 2016 2017 2018 2019 Community Service Officer 2012 Ford F-150 - 27,783 - - - 2013 Ford SUV - - 30,000 - - 2012 Compact Van - - 27,000 - - 2013 Ford F-150 - - - 27,387 - 2014 Ford SUV - - - - 30,000 Lieutenant Shared Vehicles 2005 Sedan - - 27,595 - - 2008 Sedan - - - 25,000 - Investigations 2005 Taurus - 35,625 - - - 2005 Ford Taurus - 27,595 - - - 2007 Nissan Murrano - - 27,595 - - 2005 Taurus - - 27,595 - - 2007 Chev Impala - - 27,000 - - 2008 Chevy Equinox - - - 25,000 Patrol - Marked 2002 Jeep 35,625 - - - - 2011 Crown Vic 35,625 - - - 30,000 2011 Crown Vic 35,625 - - - 30,000 2011 Crown Vic 35,625 - - - 30,000 2011 Crown Vic 35,625 - - - 30,000 2005 Ford Taurus 24,399 - - - - Squad Car - - - - - 2011 Crown Vic - 37,000 - - - 2013 Ford SUV - 30,000 - - 31,668 2013 Ford SUV - 30,000 - - 31,668 2013 Ford SUV - 30,000 - - - 2013 Ford SUV - 30,000 - - - 2013 Ford PI - 30,000 - - - 2013 Ford SUV - - 30,000 - - 2013 Ford SUV - - 30,000 - - 2014 Ford SUV - - 30,000 - - 2013 Ford SUV - - 30,000 - 2014 Ford SUV - - - 30,000 - 2014 Ford SUV - - - 30,000 - 2014 Ford SUV - - - 30,000 - 2014 Ford SUV - - - 30,000 - 2014 Ford SUV - - - 30,000 - Squad Car - - - - 30,000 2014 Ford SUV - - - - 26,600 EQUIPMENT - BUDGETED Year DEPARTMENT: Police 88 Description 2015 2016 2017 2018 2019 Patrol - Un-marked 2014 Ford PI - - - 30,000 - Patrol - Other iphones 21,018 - - - - AEDs 19,032 - - - - Radar Unit 14,475 9,000 6,000 3,000 Light Bar and siren control 12,145 40,000 30,000 30,000 - Voice Recorder App 11,000 - - - - Computer equipment - - - - - Toughbook 6,085 - - - - Emergency vehicle preemption 4,975 7,000 7,000 - - Body Bunkers/Ballistic Shields 3,600 - - 2,480 - Less Lethal Launcher 2,613 - - - - Training software 2,500 - - - - Weapon lights 2,240 - - - - Patrol bicycles - - - - - CSU Cameras 1,397 - 1,071 1,071 - PBTs 837 1,071 1,071 4,500 1,071 Toughbooks - 136,526 71,526 - - AR15 Rifle and Equip - 22,000 - - - Taser - 17,465 - - 18,000 In-Car Video 22 Marked Squads - - - - - Glock handgun - 5,155 - - - Oxygen Regulators - - - - - Tint Meters - 500 - - - 800 mhz Portable radios - - 347,160 174,148 MAAG Rifles - - 9,000 - - Laser - - 4,000 - - Squad Radios - - - 200,000 - John Deere Broom - - - 3,000 - Office Cubicles (6) - - - - - - - - - Total 304,441 516,720 763,613 675,586 289,007 EQUIPMENT - BUDGETED Year DEPARTMENT: Police   89 Description 2015 2016 2017 2018 2019 Fire Engine E-2 (8282) 535,000 - - - - Station 1 Training Room, Tables & Chairs 7,304 - - - - Thermal Camera for Ladder Trucks (2) 12,190 - - - - Toughpad Keyboards & Mount - - - - - Multi- Gas Monitors 2,425 - - - - Intake Valve 2,800 - - - - 70 Inch Interactive Whiteboard (FS 2) - - - - - Hydrant Valve - - - - - Firefighting Nozzles - - 3,933 - - Gear Dryer (3) 1,815 - - - - Laserfiche/Mobile Device Licenses for Asst Fire Chief - - - - - Sparky Outfit - - - - - Fire Engine E-1 (8184) - 535,000 - - - Firefighting Nozzles - 3,933 - - - 60 Inch Interactive Whiteboard (FS 3) - - - - - Rechargable Scene Lights - 3,825 - - - Ram Air Gear Dryer (1) - - - - - Lucas 2 CPR Device - - - - - Toughbooks - - 65,000 - - Replacement Radios - - 66,750 - - Dist Chief 5 Staff Vehicle (8190) Ford Expolrer 2010 - - - 44,000 - Dist Chief 4 Staff Vehicle (8191) Ford Expolrer 2010 - - - 44,000 - Fire Inspector Vehicle (8397) Chevy 1/2 Ton Truck 2007 - - - 44,000 - Rescue Tools (Update 4 Sets of Cutters) - - - 65,000 - Replacement Radios - - - 66,750 - Replacement Radios - - - - 66,750 561,534 542,758 135,683 263,750 66,750 EQUIPMENT - BUDGETED DEPARTMENT: Fire Year 90 Description 2015 2016 2017 2018 2019 Maintenance Vehicles 2005 1 Ton 4x4 Truck & Plow 74,393 - - - - 2006 1 Ton 4x4 Pick-Up & Plow - 81,832 - - - 2002 1 Ton 4x4 Pick-Up & Bucket - - 153,339 - - 2007 1 Ton 4x4 Pick-Up & Plow - - 84,064 - - 2005 1/2 Ton 4x4 Pick-Up - - 33,239 - - 2006 3/4 Ton 4x4 Pick-Up - - - 37,866 - 2006 1/2 Ton 4x4 Pick-Up - - - 34,121 - 2006 3/4 Ton 4x4 Truck - - - 34,121 - 2009 1 Ton 4x4 Pick-Up & Plow - - - - 89,272 2006 3/4 Ton 4x4 Pick-Up - - - - 35,298 Heavy Duty Trucks Sterling Dump Truck 196,893 - - - - Sterling Dump Truck 196,893 - - - - Sterling Dump Truck (New Plow Route) - - - - Medium Duty Truck with Sign Body & Crane 187,419 - - - - Mobile Resource Management System (GPS) 11,234 - - - - Sterling Dump Truck - 216,475 - - - Sterling Dump Truck - 216,475 - - - Sterling Tandem Dump Truck - - 245,929 - - Sterling Dump Truck - - 222,378 - - Sterling Dump Truck - - - - 222,378 Sterling Tandem Dump Truck - - - 252,458 - Tandem Truck w/Plow (New Plow Route) - - - - Sterling Dump Truck - - - 228,282 - Sterling Dump Truck - - - - 236,154 Sterling Dump Truck - - - - 236,154 Sterling Dump Truck - - - - 236,154 Special Use Equipment Kubota ATV 68,519 - - - - Tenant Floor Scrubber 64,360 - - - - Inspection Camera System 9,204 - - - - Turf protection mats - - - - Shouldering disk - - - - Sweeper - Pick-up - 179,266 - - - Sweeper - Pick-up - 179,266 - - - Sidewalk Maintainer - 154,083 - - - CAT 938 Loader - - 208,892 - - Mower for Tractor - - - - 87,242 CAT Mini-Excavator - - - - 67,966 CAT Skid Loader - - - - 42,658 EQUIPMENT - BUDGETED DEPARTMENT: Streets Year   91 Description 2015 2016 2017 2018 2019 Trailers High speed impact attenuator 27,176 - - - - Hot Patch Trailer - 23,963 - - - Towmaster Trailer - - 7,634 - - General Equipment Copier 9,005 - - - - Interactive whiteboard - - - - Sidewalk grinder - - - - Line Striper 5,489 - - - - Traffic control devices 5,068 - - - - Gas detector & charging station 3,768 - - - - Mobile Wheel lift - - - - Multiple diagnostic interface 2,660 - - - - Parts room shelving - - - - Impact wrench 840 - - - - Wheeled battery charger 731 - - - - Pole Saw 650 - - - - Chain Saw 640 - - - - Chain Saw 640 - - - - G Rupp Water Pump-6” - 19,447 - - - Iron Worker - - - - - Air Compressor - 1,826 - - - Chop Saw - 1,393 - - - Billy Goat Blower - 220 - - - Mobile Heavy Duty Vehicle Hoist - - - - - Stihl Weed Whip - - 688 - - Wkr Water Pump-3"- - - 2,927 - Wkr Water Pump-2"- - - 1,984 - Honda Generator - - - 1,160 - Sprayer - - - - 3,775 Blower - - - - 246 - - - - - 865,582 1,074,246 956,163 592,919 1,257,297 EQUIPMENT - BUDGETED DEPARTMENT: Streets Year 92 Description 2015 2016 2017 2018 2019 Maintenance Equipment 2005 1 Ton 4X4 Pick-up & Plow w/lift-gate 82,099 - - - - 2001 1 Ton 4X4 Pick-Up 68,436 - - - - 2002 Kawasaki 4x4 Mule 54,115 - - - - 2007 Riding mower w/sweeper 42,600 - - - - 2006 3/4 Ton 4x4 Pick-up & Plow w/lift -gate 37,031 - - - - 2005 3/4 Ton 4x4 Pick-up & V-Plow 34,023 - - - - 2002 1/2 Ton 4x2 Pick-up - 26,812 - - - 2003 1/2 Ton 4x2 Pick-up - - 26,812 - - V-Plow & lift-gate existing vehicle 3,503 - - - - Soil conditioner (skid loader attachment) - - - - - Trencher (skid loader attachment) - - - - - 2008 Riding mower - 96,000 - - - 1999 1 Ton 4X4 Pick-Up - 74,912 - - - 1992 JD 2355 Tractor - 64,000 - - - 2000 Kromer Striper - 40,000 - - - 2006 3/4 Ton 4x4 Pick-up & V-Plow - 34,023 - - - 2006 3/4 Ton 4x4 Pick-up & Plow - 26,812 - - - 2003 3/4 Ton 4x2 Pick-up - - - 26,812 - 3/4 Ton 4X4 Pick-up - - - - - Riding mower - - - - - Riding mower - - - - - Paint mixing station - 8,800 - - - Turbine blower (skid mount) - 8,000 - - - Post Auger & bits (skid loader attachment) - 3,800 - - - 2011 Riding mower - - - 96,000 - 2001 1 Ton 4X4 Pick-Up - - 70,000 - - 2010 Riding mower w/snow blower - - - 38,000 - 2007 3/4 Ton 4x4 Pick-up & V-Plow - - 34,200 - - 2007 Kubota ATV - - 24,500 - - 2005 Versa vac - - - 30,000 - 2007 Top dresser - - - 30,000 - 2006 Kromer Striper - - - 19,500 - Ice resurfacer - - - - - Turf roller - 7' wide - - - - - 2013 Riding mower - - - - - 2013 Riding mower - - - - - 2011 Toolcat w/blower - - - - 65,000 Trailers 2000 Tandem Trailer (mowers) 20' & 3' 12,220 - - - - 2000 Tandem Trailer (mowers) 20' & 3' 12,220 - - - - 2004 Trailer - 12,710 - - - Tandem Trailer (mowers) 20' & 3' - - - - - 2006 Tandem Trailer (mowers) 20' & 3' - - - 13,000 - 2004 Tandem Trailer 16' (Kromer striper) - - - - 9,500 EQUIPMENT - BUDGETED DEPARTMENT: Parks Year 93 Description 2015 2016 2017 2018 2019 Specialized Equipment Deep tine aerator - - - - - 1991 Seeder 16,900 - - - - Slope laser - - - - - 2002 Generator 999 - - - - Compound miter saw 826 - - - - 2000 Sod cutter - 5,252 - - - 1997 Irrigator - - - - - 1997 Irrigator - - - - - 2002 Aerovator - - 8,000 - - 1990 Drum aerator/corifier - - 7,400 - - 1995 Generator - - 7,000 - - 2006 Flail mower - - 5,500 - - 2001 Rear Blade - - 2,500 - - 2003 Bronco tiler - - 1,750 - - 2008 Water Pump - - 775 - - 2007 Dirt Pulverizer - - - 14,000 - Generator - - - 7,000 - 2000 Irrigator - - - - - 2000 Irrigator - - - - - 1987 Planer - - - - 3,000 General Equipment 1990 Mower - 3,500 - Split-shaft w/sweeper/hedge/line trimmer - 750 - - - Weed Whip - 350 - - - Weed Whip - 350 - - - Weed Whip - 350 - - - Weed Whip - 350 - - - Weed Whip - 350 - - - Weed Whip - 350 - - - Weed Whip - - - - - Weed Whip - - - - - 2006 Push mower - - 1,375 - - Chain Saw - - 1,200 - - Pole Saw - - 845 - - Chain Saw - - 800 - - Chain Saw - - 800 - - Hedge Trimmer - - 600 - - Pole Saw - - - 870 - Chain Saw - - - 800 - Hed ge Trimme r - - - 660 - Chain Saw - - - - 800 Blower - - - - 375 Blower - - - - 375 Weed Whip - - - - 350 Weed Whip - - - - 350 Weed Whip - - - - 350 Weed Whip - - - - 350 Total 364,972 407,471 194,057 276,642 80,450 EQUIPMENT - BUDGETED DEPARTMENT: Parks Year 94 Description 2015 2016 2017 2018 2019 Chevy 3/4 Ton 4x4 Pick-Up 35,479 Chevy 3/4 Ton 4x4 Pick-Up 35,479 Chevy 3/4 Ton 4x4 Pick-Up 35,479 2007 1/2 Ton 4x4 Pick-Up 34,561 2007 1/2 Ton 4x4 Pick-Up 34,561 Chevy 3/4 T Pick-Up 36,702 Chevy 3/4 T Pick-Up 36,702 Ford 1/2 Ton Van 28,928 2007 1 Ton 4x4 Truck w/plow 84,063 2003 F-550 Truck - Utility Truck with Crane 120,638 Sterling Vactor 427,353 Case Backhoe 172,866 Trash pump 1,350 Generator 2,656 Generator 47,995 Air compressor 1,756 Manhole fan 2,050 Snowblower 1,365 Cutoff saw 1,361 Weed whip 684 GPS unit 4,560 Conference Station 1,760 Pallet Forks 1,110 Interactive whiteboard 7,830 Other 20,000 20,000 20,000 20,000 ENVIRONMENTAL RESOURCES 2005 Chevy 1/2 Ton 4x4 32,000 2005 Chevy 1/2 Ton 4x4 32,000 Handheld GPS Unit 3,009 Computer Desktop 3,130 - - - - - Total 143,387 453,420 413,172 175,116 122,332 Year EQUIPMENT DEPARTMENT: Utility 95 Description 2015 2016 2017 2018 2019 Investigations 2005 Taurus 35,625 (35,625) - - - 2005 Ford Taurus 27,595 (27,595) - - - Patrol - Marked Squad Car - 65,000 - 65,000 - Patrol - Other iphones 26,318 iphones - revised estimate (21,018) Computer equipment 6,642 - - - - Patrol bicycles 1,845 - - - - AR15 Rifle and Equip - 4,000 2,000 - Taser - 2,000 8,000 In-Car Video 22 Marked Squads - 10,000 10,000 10,000 10,000 Glock handgun - - 900 900 900 Oxygen Regulators - 600 600 600 600 800 mhz Portable radios 196,000 235,200 800 mhz Portable radios revised estimate (347,160) (174,148) Office Cubicles (6) - 20,000 - - - Total 77,007 32,380 (133,660) (87,648) 246,700 EQUIPMENT - NON-FINANCED Year DEPARTMENT: Police 96 Description 2015 2016 2017 2018 2019 Toughpad Keyboards & Mount 7,231 - - - - 70 Inch Interactive Whiteboard (FS 2) 7,995 - - - - Hydrant Valve 3,080 - - - - Firefighting Nozzles 5,162 - - - - Laserfiche/Mobile Device Licenses for Asst Fire Chief 730 - - - - Sparky Outfit - 4,003 - - - 60 Inch Interactive Whiteboard (FS 3) - 7,995 - - - Ram Air Gear Dryer (1) - 7,145 - - - Lucas 2 CPR Device - 14,641 - - - 24,198 33,784 - - - EQUIPMENT - NON-FINANCED DEPARTMENT: Fire Year 97 Description 2015 2016 2017 2018 2019 Heavy Duty Trucks Sterling Dump Truck (New Plow Route) 196,893 - - - - Tandem Truck w/Plow (New Plow Route) - - - 252,458 - Special Use Equipment Turf protection mats 9,200 - - - - Shouldering disk 8,531 - - - - General Equipment Interactive whiteboard 7,829 - - - - Sidewalk grinder 5,856 - - - - Mobile Wheel lift 3,550 - - - - Parts room shelving 2,115 - - - - Iron Worker - 13,826 - - - Mobile Heavy Duty Vehicle Hoist - - 41,697 - - - - - - - 233,974 13,826 41,697 252,458 - EQUIPMENT - NON-FINANCED DEPARTMENT: Streets Year 98 Description 2015 2016 2017 2018 2019 Maintenance Equipment V-Plow & lift-gate existing vehicle 7,210 - - - - Soil conditioner (skid loader attachment) 6,801 - - - - Trencher (skid loader attachment) 4,618 - - - - 3/4 Ton 4X4 Pick-up - 26,812 - - - Riding mower - 26,300 - - - Riding mower - 26,300 - - - Ice resurfacer - - - 10,300 - Turf roller - 7' wide - - - 7,000 - Trailers Tandem Trailer (mowers) 20' & 3' - 12,220 - - - Specialized Equipment Deep tine aerator - 24,832 - - - Slope laser 1,995 - - - - General Equipment Weed Whip - 350 - - - Weed Whip - 350 - - - Total 20,624 117,164 - 17,300 - EQUIPMENT - NON-FINANCED DEPARTMENT: Parks Year 99 Arts Center 2015 2016 2017 2018 2019 Water proof basement - Changing room 27,000 Re-carpet auditorium with carpet tile 11,000 Lobby & elevator with carpet tile 4,800 Replace carpet on stairs 4,000 Heat tape in gutter & down spout behind manager's office 1,100 Track lighting lower level upgrade 675 Painting - auditorium 4,000 Smartstruxure system integration hardware & software updates 6,800 Re-roof area C & D 36,000 Replace electric water heater 1,300 New stage drapes 9,500 ADA modifications - - - - - TOTALS 48,575$ 4,000$ 6,800$ 36,000$ 10,800$ Central Maintenance Facility 2015 2016 2017 2018 2019 Fog seal bituminus areas 17,000 Painting wash bay 7,300 Welding bay floor recoating 5,500 Parks racking 5,000 Fleet supervisor office door to library 4,100 Hydrant Painting 800 Hose reels 950 CMF space needs study 20,000 Fill station for water trucks hook up 3" or 4" 3,000 Clean walls in parking garage area 3,000 Clean walls in fleet shop area 2,000 Fleet Shop flooring recoating 28,500 Carpet administrative area 4,200 Carpet Offices (3) and conference room 1,100 Replace both hotsy 16,000 ADA modifications - - - - - TOTALS 40,650$ 28,000$ 33,800$ 16,000$ -$ FACILITIES CAPITAL IMPROVEMENT PLAN 100 City Hall 2015 2016 2017 2018 2019 Parking lot reclamation 204,000 Replacement of rooftop S3 67,000 Council chambers - replace carpeting 12,000 Electronic sign - LNHS (Ipava/50) software upgrade 8,500 Wood doors repairs refinish 2,000 New high efficiency boilers 120,000 Re-roof area D new addition 62,000 Smartstruxure system integration hardware and software updates 15,000 Re-roof area C metal roof 55,000 ADA modifications - - - - - TOTALS 293,500$ -$ 120,000$ 77,000$ 55,000$ Fire Station #1 2015 2016 2017 2018 2019 Parking lot reclamation 136,000 Sealing or painting concrete floor in bay area 13,000 Paint walls bay area 8,000 Smartstruxure system integration hardware and software updates 4,800 Front entrance pillars block work entrance, block work by door #5 4,200 Upstairs conference room LED lighting dimming controls 3,100 South window replacement 2,000 Fogged south windows 1,900 Re-roof area B & metal entrances 20,000 ADA modifications - - - - - TOTALS 173,000$ 20,000$ -$ -$ -$ Fire Station #2 2015 2016 2017 2018 2019 Parking lot reclamation 116,000 Painting walls and ceilings 7,400 Sealing or painting concrete floor in bay area 5,900 Training room carpet tile 3,200 Replace 30 fogged windows on doors 2,000 New unit heater in apparatus room 1,800 Smartstruxure system integration hardware and software updates 5,300 ADA modifications - - - - - TOTALS 134,500$ 1,800$ 5,300$ -$ -$ FACILITIES CAPITAL IMPROVEMENT PLAN 101 Fire Station #3 2015 2016 2017 2018 2019 Smartstruxure system integration hardware and software updates 5,200 Sealing or painting concrete floor in bay area 5,500 Fog seal & seal coat bituminous areas 4,800 ADA modifications - - - - - TOTALS 10,700$ 4,800$ -$ -$ -$ Fire Station #4 2015 2016 2017 2018 2019 Front entrance block and pillar repairs 2,400 Fog seal & seal coat bituminous areas 10,000 Smartstruxure system integration hardware and software updates 7,200 Re-roof areas A & B 115,000 ADA modifications - - - - - TOTALS 2,400$ 10,000$ 7,200$ -$ 115,000$ Heritage Center 2015 2016 2017 2018 2019 Rear parking lot reclamation 80,000 Lighting upgrade using dimmable LED lights - better control Heritage room 3,100 Senior center coordinator office door & front reception area door change 4,400 Ice machine 3,400 Front lobby lighting 1,650 North wall packs (2) 1,200 Vault 800 New outlets for lobby vending machines 400 Rooftop unit 5 replacement 30,000 Rooftop unit 6 replacement 30,000 Security camera system 24,000 Packaged rooftop units economizer 7,500 Coffee bar roll up door 3,850 Water heater gas 4,000 Smartstruxure system integration hardware and software updates 7,400 Rooftop unit 3 replacement after 20 years of service 22,000 Rooftop unit 4 replacement after 20 years of service 28,000 ADA modifications - - - - - TOTALS 94,950$ 95,350$ 4,000$ -$ 57,400$ FACILITIES CAPITAL IMPROVEMENT PLAN 102 Police Station 2015 2016 2017 2018 2019 Cottonwood filters G & B environmental 4,100 ADA modifications - - - - - TOTALS 4,100$ -$ -$ -$ -$ FACILITIES CAPITAL IMPROVEMENT PLAN