HomeMy WebLinkAboutItem 07December 15, 2014 Item No.
Approval of the 2015 Budget and Tax Levy
Proposed Action
Staff recommends adoption of the following motion: Move to approve the Resolution
Adopting the 2015 Budget and Resolution Adopting the 2015 Tax Levy.
Approval of the motion adopts the 2015 budget and 2015 tax levy.
Overview
The 2015 budget and tax levy were presented at the December 1 Council meeting. The
attached Resolutions are consistent with the discussions at the December 1 meeting.
The proposed 2015 tax levy ($24,728,549) is $230,637 less than the preliminary tax levy
approved September 15.
Primary Issues to Consider (Refer to responses starting on page 2)
➢ Adjustments to the Preliminary Tax Levy. Provided on the following pages.
Supporting Information
➢ Budget overview
➢ Resolution adopting the 2015 Tax Levy
➢ Resolution adopting the 2015 Budget
Z Deer,rinanc6tirector
Tax Levy Financial Impact: $24.728.549 Budgeted: Yes Source: Various funds
Related Documents (CIP, ERP, etc.):
Notes:
Primary Issues to Consider
There a number of proposed adjustments to the preliminary tax levy as shown below.
Preliminary
Recommended
Proposed
Purpose
Septembe 2 2
Adjustm
December
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
Street Reconstruction Fund
50,000
50,000
Equipment Fund
300,000
-
300,000
Building Fund
51,000
51,000
Trail Fund
45,200
33,000
78,200
Subtotal
24,672,305
141,244
24,813,549
Propertytax refund (TIF #17)
-
(85,000)
(85,000)
Undesigned
286,881
(286,881)
-
Total tax levy
$ 24,959,186
$ (230,637)
$ 24,728,549
2015 Tax Levy
And
2015 Budget
December 2014
Table of Contents
Pages
A. Tax Levy 4-6
B. Operations
• Combining Statements 7-9
• General Fund (Summary) 11 -15
• Special Revenue Funds
• Communications Fund 18-19
• Economic Development 20-21
C. Debt 23-27
D. Capital Projects Funds
(Financed by Property taxes and other revenues)
•
Transportation
• Municipal State -Aid
30 -31
• Pavement Management
32-33
• Improvement Construction
34 -35
•
Storm Sewer Trunk
36
•
Water Trunk
37 -38
•
Sanitary Sewer Trunk
39
•
Park Dedication
40
•
Trails
41-42
•
Parks
43 -44
•
Tax Increment
45-46
•
Facilities
47 -48
•
Equipment
49-51
E. Enterprise Funds
•
Liquor
53-56
•
Overall
57-58
•
Water Operation
59-61
•
Sewer Operation
62-64
•
Street Lights
65-67
•
Environmental Resources
68 -70
•
Five Year Capital Improvements — Water /Sewer
71-73
F. Internal Services— Municipal Reserve
75-76
G. Appendix
•
General Fund
o Statement of Proposed Revenues and Expenditures
78 -88
•
Personnel
o Schedule of Employees
89-91
•
Equipment Fund
• Equipment Budgeted
92-101
Equipment Non - financed
102 -105
•
Building Fund
• Maintenance Budgeted
106 -109
2
2015
PROPERTY
TAXES
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.
Purpose
Debt
Street improvements
Police Station
Central Maintenance Facility
Ice Arena
Total Debt Levy
General Fund
Pavement Management Fund
Equipment Fund
2015 Street Reconstruction
Building Fund
Trail Fund
Subtotal
General Fund
Preliminary
Septembe 2
Revised
Adjustment December 1
Property tax refund (TIF #17)
Undesigned
Total tax levy
3,393,258
3,393,258
678,478
678,478
911,081
911,081
314,505
314,505
5,297,322
5,297,322
17,838,233
7,244
17,845,477
1,191, 550
1,191, 550
300,000
-
300,000
50,000
50,000
51,000
51,000
45,200
33,000
78,200
24,672,305
141,244
24,813,549
-
(85,000)
(85,000)
286,881
(286,881)
-
$ 24,959,186
$ (230,637)
$ 24,728,549
4 - -- — -
The 2015 Preliminary Tax levy is a $1,070,553 (4.5 %) increase over the 2014 Tax Levy.
As of December I Increase /(Decrease)
Purpose
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 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%
5
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.
Tax Base
Real Estate & Personal Properties Values
I Tax Capacity Values J
USG Class
A - Residential
B - Commercial
C - Industrial
D - Utility
F - Agricultural
F5 - Rural Vacant
G - Cabins
J - Apartments
K - Railroads
P - Personal Property
Totals
Increase in tax base
Pay
2015 Total
/(decrease) due to:
Market New
Conditions Construct.
46,666,194
5,621,083
4,344,638
10,164,447
101,415
1,600
2,751,232
9,610
(2,510)
150,132
-
-
714,179
23,199
14,914
68,240
4,517
4,517
8,137
661
661
1,663,648
195,423
65,515
95,944
-
-
866,854
3,230
3,230
63,149,007
5,959,138
4,432,565
1,276,445
99,815
12,120
8,285
129,908
1,526,573
2.7%
Lakeville also has four tax increment districts which will expire in 2014 thereby contributing
another $467,301 (.8 %) to the tax base.
— - - -- 6 -
CITY OF LAKEVILLE, MINNESOTA
Budgetary Summary for All Appropriated Fund Types
Combined Schedule of Revenues, Expenditures, and Changes in Fund Balances and Net Assets
For the Years Ending December 31, 2015
2014
2013
Actual
Revenues
General property taxes
Tax increment
Licenses and permits
Intergovernmental
Charges for services
Court fines
Special assessments
Investment income (charges)
Donations
Miscellaneous
Gross profit
Total revenues
Expenditures and expenses
General govemment
Public safety
Public works
Parks and recreation
Debt service
Capital outlay
Operating expenses
Total expenditures and expenses
Other financing sources (uses)
Transfer from other fiords
Transfer to other fiords
Disposal of assets
Issuance of debt
Refunding bonds issued
Payment on refirnded bonds called
Premium on bonds issued
Total other financing sources (uses)
Net change in fiord balance and net assets
Fund balance and net assets, January 1
Fund balance and net assets, December 31
$ 23,124,908
1,233,771
2,754,897
4,165,804
16,418,497
219,535
1,143,349
(71,063)
3,615,447
716,812
3,948,599
57,270,556
4,866,501
10,113,958
3,766,665
3,206,004
9,961,400
12,392,763
13,541,821
57,849,112
7,118,746
(7,118,746)
(106,220)
4,682,587
80,700
4,657,067
4,078,511
180,323,530
$ 184,402,041
Amended
Budget
$ 23,649,499
881,114
2,558,591
6,042,546
16,505,120
274,590
792,081
166,457
1,173,724
660,089
3,975,981
56,679,792
5,088,532
10,528,703
3,617,497
3,350,250
9,172,586
29,083,937
17,243,753
78,085,258
3,248,512
(3,248,512)
9,000
19,129,109
(10,735,000)
8,403,109
(13,002,357)
174,665,943
$ 161,663,586
2014
Estimate
$ 23,507,552
880,910
2,663,464
4,625,201
17,575,050
209,716
740,807
256,971
1,255,278
737,722
3,733,449
56,186,120
5,771,327
10,646,018
3,815,852
3,384,222
9,304,011
20,337,246
17,356,820
70,615,496
3,223,952
(3,223,952)
9,000
15,100,000
12,660,000
(10,735,000)
1,981,519
19,015,519
4,586,143
184,402,041
$ 188,988,184
2015
Adopted
Budget
$ 24,236,956
370,722
2,687,004
4,514,785
17,817,624
288,001
694,059
323,541
1,176,724
618,531
3,670,775
56,398,722
5,305,615
10,899,533
4,171,780
3,539,684
10,961,805
47,261,306
23,543,038
105,682,761
5,956,776
(5,956,776)
9,000
42,515,653
(12,820,000)
29,704,653
(19,579,386)
188,988,184
$ 169,408,798
7
CITY OF LAKEVILLE, MINNESOTA
Budgetary Summary for Appropriated Fund Types
Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances and Net Assets
For the Year Ending December 31, 2015
(continued on following page)
2015 Adopted Budget
Governmenta Funds
General Special Debt Capital
Fund Revenue Service Projects
Revenues
General property taxes
Tax increment
Licenses and permits
Intergovernmental
Charges for services
Court fines
Special assessments
Investment income
Donations
Miscellaneous
Gross profit
Total revenues
Expenditures and expenses
General government
Public safety
Public works
Parks and recreation
Debt service
Capital outlay
Operating expenses
Total expenditures and expenses
Other financing sources (uses)
Transfer from other funds
Transfer to other funds
Disposal of assets
Issuance of debt
Payment on refunded bonds called
Total other financing sources (uses)
Net change in fund balance and net assets
Fund balance and net assets, January 1
Fund balance and net assets, December 31
$ 17,811,502 $
$
4,804,704 $
1,620,750
-
(647,933)
370,722
-
1,968,416
718,588
-
-
827,661
516
906,430
2,728,122
2,939,577
2,500
411,901
3,983,084
288,001
-
-
-
-
-
674,934
19,125
40,376
2,806
196,064
9,400
8,500
-
95,000
-
37,645
480
576,806
23,921,678
724,410
7,460,235
8,937,287
4,708,348 597,267
10,899,533 -
4,171,780 -
3,539,684 - -
- - 10,817,459 -
154,256 78,451 - 47,028,599
23,473,601 675,718 10,817,459 47,028,599
809,935
-
2,555,100
2,571,812
(727,000)
(647,933)
-
(2,679,100)
42,515,653
(12,820,000
-
82,935
(647,933
(10,264,900
42,408,365
531,012
(599,241)
(13,622,124)
4,317,053
9,754,037
836,700
45,687,076
17,424,661
$ 10,285,049 $ 237,459 $ 32,064,952 $ 21,741,714
H
CITY OF LAKEVILLE, MINNESOTA
Budgetary Summary for Appropriated Fund Types
Combining Schedule ofRevenues, Expenditures, and Changes in Fund Balances and Net Assets
For the Year Ending December 31, 2015
(continued from previous page)
2015 Adopted Budget
Proprietary Funds
Enterprise Internal Service
Liquor DilitE Municipal Res. Total
Revenues
General property taxes
Tax increment
Licenses and permits
Intergovernmental
Charges for services
Court fines
Special assessments
Investment income
Donations
Miscellaneous
Gross profit
3,900
48,156
9,991,135
$ 24,236,956
370,722
2,687,004
4,514,785
17,817,624
288,001
694,059
323,541
1,176,724
618,531
3,670,775
56,398,722
Total revenues
Expenditures and expenses
General government
Public safety
Public works
Parks and recreation
Debt service
Capital outlay
Operating expenses
Total expenditures and expenses
Other financing sources (uses)
Transfer from other funds
Transfer to other funds
Disposal of assets
Issuance of debt
Payment on refunded bonds called
Total other financing sources (uses)
19,800 51,486
- 1,073,224
3,600 -
3,670,775 -
3,698,075 11,164,001
489,427
3,609
493,036
144,346
2,349,645 20,753,978 439,415
2,493,991 20,753,978 439,415
5,305,615
10,899,533
4,171,780
3,539,684
10,961,805
47,261,306
23,543,038
105,682,761
19,929
5,956,776
(1,391,859) (460,872)
(50,012) (5,956,776)
9,000
9,000
-
42,515,653
721,841
(12,820,000
(1,391,859 (431,943
(50,012 29,704,653
Net change in fiord balance and net assets
(187,775)
(10,021,920)
3,609
(19,579,386)
Fund balance and net assets, January 1
5,411,228
109,152,641
721,841
188,988,184
Fund balance and net assets, December 31
$ 5,223,453 $
99,130,721 $
725,450
$ 169,408,798
W
GENERAL
FUND
10
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 2015 budget:
General Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance
Revenues
General property taxes
Licenses and permits
Intergovernmental revenues
Charges for services
Court fines
Investment income
Miscellaneous
Transfer from other funds
Total revenues
Expenditures
General government
Public safety
Public works
Parks and recreation
Transferto otherfunds
Total expenditures
Netlncrease /(Decrease)
Details are provided on pages 78- 88.
11
2014
2015
2013
Amended
2014
Adopted
Increase /
Actual
Budget
Estimate
Budget
(Decrease)
15, 964, 728
16, 794, 367
16, 826, 757
17, 811, 502
1,017,135
2,087,937
1,947,676
1,951,991
1,968,416
20,740
797,372
608,401
735,034
827,661
219,260
2,037,504
2,156,037
2,170,999
2,939,577
783,540
219,535
274,590
209,716
288,001
13,411
(27,206)
44,413
40,376
40,376
(4,037)
93,913
61,461
77,468
46,145
(15,316)
715,297
759,814
757,755
809,935
50,121
21,889,080
22,646,759
22,770,096
24,731,613
2,084,854
4,213,468
4,662,268
4,729,305
4,728,926
66,658
10,118,082
10,528,702
10,646,011
10,899,533
370,831
3,766,947
3,696,285
3,915,694
4,279,062
582,777
3,214,191
3,352,244
3,391,609
3,566,080
213,836
-
-
-
727,000
727,000
21,312,688
22,239,499
22,682,619
24,200,601
1,961,102
576,392
407,260
87,477
531,012
123,752
Details are provided on pages 78- 88.
11
Uses of Funds (expenditures)
Significant changes in 2015 operations are as follows:
General Government
• Pan- O -Prog: Police overtime
• City Clerk: No elections or referendums
• Finance /Human Resources: Funds set aside for new position to be determined by new
City Administrator
• Information Technology: PCI compliance
• Human Resources: PERA rate increases
• Human Resources: wage adjustments
• Human Resources: heath care premiums
• Facilities: utility increases
o Insurance: Premium increases
Public Safety
• Police: NEW officer position effective June 1, 2015
• Police: Dakota Communications Center cost increase
• Police: Forensic computer projects
• Police: Police Reserve recruitment
• Fire: NEW Assistant Fire Chief (May 1, 2015) and duty crews (September 1, 2015)
• Fire: rookie volunteer fire fighters
Public Works
• Engineering traffic counts
• Public Works Administration /Engineering re- organization
• Public Works Administration: new Senior Construction Representative
• Streets: snow and ice removal cost adjustments
Parks and Recreation
• Parks: facility and systems maintenance
• Parks: Pioneer Plaza improvements
• Recreation: Software replacement
Operations - Staffin
1. Fire -Asst. Chief and Duty Crews $93,820
2. Human Resources -Ad min 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.
- _- —_-- - -` 12 -
Sources of Funds
Property taxes provide the largest revenue source for operations. The following is a summary
of changes:
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.
2015
2015
Adopted
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.
Ratio: Fund balance to expenditures 43.8%
See appendix page 78.
13
Adopted
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 78.
13
The 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.
- ..... - -- - -- . -_ - -- - -- 14 - —
Major Maintenance - Parks
The following is the five year plan for major maintenance of parks accounted for in the General
Fund:
GENERAL FUND
Parks - Major Maintenance
Routine Maintenance
Tree Trust/Project materials
Eagle Scout project materials
Tree plantings /replacement
Picnic table construction
STS labor
McGuire:
Replace rubber floor
Replace furnace
Reshingle WH
Meadows- reshingle roof
Meadows -WH furnace replacement
Michaud Park - replace carpet
Bunker Hill- reshingle shelter
Orchard Lake - reshingle shelter
Dakota Heights -WH furnace replacement
Antlers- privacy fence replacement
Antlers - reshingle B &C
Chenyview WH- reshingle
Dakota Heights -rubber floor replacement
Meadows -rubber floor replacement
Prairie Lake- replace carpet w /rubber floor
Foxborough -ID sign replacement
Bench replacement
Replacement - Reconstruction
Bench replacement
Resurface basketba0/tennis courts
Casperson- reshingle budding /two shelters
Aronson - safety netting Fields #14
Greenridge -rink end -board replacement
Cbenyview -rink end -board replacement
Dodd Pointe - overlay BB court
Oak Shores -BB /tennis court
reconstruction
Meadows -BB court reconstruction
Pioneer Plaza
Community Partnerships
Field improvements /maintenance
Total Major Maintenance
2015
2016
2017
2018 2019
$ 8,500
$ -
$ -
$ - $
5,300
4,175
1,475
4,000
4,000
16,225
16,225
16,500
16,500 16,500
1,900
1,300
3,800
3,900
1,300
2,200
5,000
3,500
1,300
8,500
7,000
3,800
1,900
1,900
4,000
4,000
1,200
12,500
24,350
13,500
17,000
2,000
2,000
5,000
42,700
7,850
1'1'1
10,000 6,500 6,500 6,500
$122,500 $59,200 $59,200 $59,200 $59,200
15
SPECIAL
REVENUE
FUNDS
16
CITY OF LAKEVILLE, MINNESOTA
Budgetary Summary for All Special Revenue Funds
Combitied Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Years Ending December 31, 2015
Expenditures
General government
677,829
2014
1,071,720
2015
Capital outlay
2013
Adopted
2014
Adopted
Total expenditures
Actual
Budge
Estimate
Budge
Revenues
$ 954,134
$ 835,039
$ 836,700
$ 237,459
Licenses
$ 666,960
$ 610,915
$ 711,473
$ 718,588
Intergovennnental
223,262
516
428,853
516
Charges for services
2,500
2,500
2,500
2,500
Investment income
(2,576
9,312
1,733
2,806
Total revenues
890,146
623,243
1,144,559
724,410
Expenditures
General government
677,829
454,046
1,071,720
597,267
Capital outlay
42,632
70,564
66,686
78,451
Total expenditures
720,461
524,610
1,138,406
675,718
Excess (deficiency) of revenues
$ 954,134
$ 835,039
$ 836,700
$ 237,459
over expenditures
169,685
98,633
6,153
48,692
Other financing sources (uses
Transfer to other fiords
(65,237
(122,924
(123,587
(647,933
Net change in fund balance
104,448
(24,291)
(117,434)
(599,241)
Fund balance, January 1
849,686
859,330
954,134
836,700
Fund balance, December 31
$ 954,134
$ 835,039
$ 836,700
$ 237,459
17
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 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 budget
appropriates approximately $495,000 of the Committed Communications Fund balance to the
Equipment Fund.
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.
Communications Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances
19
2014
2015
2013
Amended
2014
Adopted
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
Transferto General Fund
65,237
122,924
123,587
152,933
30,009
Total Expenditures
608,181
640,034
826,156
821,151
181,117
Netlncrease /(Decrease)
111,366
(19,914)
(112,733)
(99,517)
(79,603)
Transferto Equipment Fund
(495,000)
(495,000)
Fund Balance, January 1
782,910
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)
19
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.
20
Economic Development Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances
21
2014
2015
2013
Amended
2014
Adopted
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
Netlncrease /(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
21
DEBT
SERVICE
FUNDS
22
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.
Revenues
General property taxes
Tax increment
Intergovernmental
Charges for services
Special assessments
Investment income
Donations
Miscellaneous
Total revenues
Expenditures
Principal
Interest
Fiscal charges
Total expenditures
Other fin ancine sources (uses
Transferfrom otherfunds
Transferto otherfunds
Issuance of debt
Refunding bonds issued
Premium on bonds issued
Refunded bonds called
1,408,587
(125,500)
2,413
Total other financing sources
1,285,500
(uses)
Net change in fund balance 38,212
Fund balance, January 1 32,787,368
Fund balance, December 31 $ 32,825,580
1,603,893 1,581,800 2,555,100 951,207
(63,600) (63,600) - 63,600
8,520,000 - -
12,660,000 -
1,981,519 - -
(10,735,000) (10,735,000) (12,820,000) (2,085,000)
(9,194,707) 13,944,719 (10,264,900) (1,070,193)
(10,009,050)
32,420,234
12,861,496
32,825,580
(13, 622,124)
45,687,076
(3,613,074)
8,244,723
$ 22,411,184 $ 45,687,076 $ 32,064,952 $ 4,631,649
23 L
2014
2015
2013
Amended
2014
Adopted
Increase/
Actual
Budget
Estimate
Budget
(Decrease)
$ 5,348,580 $
5,304,582
$ 5,130,245
$ 4,804,704
$ (499,878)
669,288
691,447
691,447
370,722
(320,725)
919,408
904,639
904,239
906,430
1,791
372,696
403,951
403,951
411,901
7,950
1,091,030
765,271
707,218
674,934
(90,337)
56,801
39,818
135,153
196,064
156,246
95,000
95,000
95,000
95,000
-
480
480
480
8,552,803
8,205,188
8,067,733
7,460,235
(744,953)
5,825,000
5,295,000
5,295,000
7,025,000
1,730,000
3,948,740
3,700,592
3,839, 594
3,775, 720
75,128
26,351
23,939
16,362
16,739
(7,200)
9,800,091
9,019,531
9,150, 956
10, 817, 459
1,797,928
1,408,587
(125,500)
2,413
Total other financing sources
1,285,500
(uses)
Net change in fund balance 38,212
Fund balance, January 1 32,787,368
Fund balance, December 31 $ 32,825,580
1,603,893 1,581,800 2,555,100 951,207
(63,600) (63,600) - 63,600
8,520,000 - -
12,660,000 -
1,981,519 - -
(10,735,000) (10,735,000) (12,820,000) (2,085,000)
(9,194,707) 13,944,719 (10,264,900) (1,070,193)
(10,009,050)
32,420,234
12,861,496
32,825,580
(13, 622,124)
45,687,076
(3,613,074)
8,244,723
$ 22,411,184 $ 45,687,076 $ 32,064,952 $ 4,631,649
23 L
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.
Debt Service Revenue Sources
Municioal State Aid
r
Connection
12%
A Assessments
8%
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
- -+ 24 -- -- — - - - --
the 17 -year life of the debt. The refunding bonds, as well as the series 2003 A and 2004 A
bonds, will remain as City obligations until the two refunded bonds are called and fully retired
on or before February 1, 2015.
In July 2014, the City issued $12.660 million of (cross -over) refunding debt to refinance the G.O.
Street Reconstruction Bonds 2005 A and G.O. Capital Improvement Bonds 2007 D. The
refinancing has resulted in a net present value savings of $1.29 million over the 18 -year life of
the debt. The refunding bonds, as well as the series 2005 A and 2007 D bonds, will remain as
City obligations until the two refunded bonds are called and fully retired on or before February
1, 2017.
Five Year Financial Plan
The Five Year Financial Plan submitted to the City Council in May, 2014, provided an overview
of the status of the City debt and also provides recommendations regarding financial
management policies and practices. The following is an excerpt of the Financial Policies and
Practices section of the Report.
Street Reconstruction Debt
Property Tax Levy
$5,000,000
$4,000,000
$3,000,000
■ Principal
$2,000,000 ■ Interest
$1,000, 00 0
1 2 3 4 5 6 7 8 9 10 11 12
The City of Lakeville has more
than $300 million invested in
infrastructure such as roads,
water systems, sanitary sewer
systems, parks and buildings.
Proper maintenance of the
infrastructure maximizes the
asset value as well as ensuring
health, safety and quality of life
of Lakeville residents and
businesses. If the assets are
not properly maintained, long
term costs escalate in order to
repair, maintain or replace the
asset.
The City has adopted a pavement management plan which addresses maintenance issues based
on the OCI (Overall Condition Index) of the street. The City has a Street Reconstruction Policy
whereby it finances approximately 60% of the street reconstruction with property taxes.
During the Great Recession, the City Council chose to finance its share of cost by issuance of
debt with the amortization over a ten year period in order to take advantage of the low interest
rate environment and to minimize the tax impact to residents and businesses.
The City share of costs financed with debt (approximately $4 million per year) is repaid with
property taxes over a 10 year period. In ten years the tax levy will be approximately $4.49
million of which $490,000 is for interest.
25
Street Reconstruction Debt
Over the 10 year period the
amount of debt retired, which
is repaid with property taxes,
eventually increases to $4.0
million. At that point the City
is issuing debt at the same rate
as it is being retired.
1 3 5 7 9 11 13 15 17 19 21
-Taxes
-Total
Street Reconstruction Debt
Annual Interest
$800,000
$700,000 /
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
5-
Current Rates 1% Rate Increase
In other words there is not debt
reduction for City share of cost.
In addition, the City is issuing
approximately $2.5 annually
which is repaid with special
assessments.
Interest rates are currently near
historic lows. If interest rates
increase by 1 %, the annual tax
levy for interest expense increases to
approximately $730,000 in the 10
year.
Street Reconstruction Debt
$6,000,000
$4,000,000
$2,000,000
$(2,000,000)
$(4,000,000)
$(6,000,000)
$60,000,00Total Outstanding Principal
$so,000,000
$40,000,000
$30,000,000
$20,000,000
$10,000,000
--- —[ 26
1 2 3 4 5 6 7 8 9 10 11 12
Year
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.
The Five Year Financial Projections and Assessment Report dated April 2014 recommended
various financing options in order to reduce the tax levy for interest costs associated with
annual street reconstruction projects.
27
CAPITAL
PROJECTS
FUNDS
W
CITY OF LAKEVILLE, MINNESOTA
Budgetary Summary for All Capital Projects Funds
Combined Schedule of Revenues, Expenditures, and Changes in Fund Balances
For the Year Ending December 31, 2015
Revenues
General property taxes
Tax increment
Intergovernmental
Charges for services
Special assessments
Investment income (charges)
Donations
Miscellaneous
Total revenues
Expenditures - Canital outlay
General government
Public safety
Police
Fire
Public works
Parks and recreation
Total expenditures
Excess (deficiency) of revenues
over expenditures
Other financing sources (uses)
Transfer from other funds
Transfer to other funds
Issuance of debt
Premium on bonds issued
Total other financing sources (uses)
Net change in fund balance
Fund balance, January I
Fund balance, December 31
(2,696,076 (18,111,192) (10,159,585 (38,091,312
4,970,195
(2265,577)
4,682,587
78,287
7,465,492
864,560
2014
(1,203,893)
2015
2013
Amended
2014
Adopted
Actual
Budget
Estimate
Budget
$ 1,811,600
$ 1,550,550
$ 1,550,550
$ 1,620,750
564,483
189,667
189,463
-
2,042,172
4,474,834
2,426,619
2,728,122
4,467,896
3,947,367
5,024,464
3,983,084
52,319
26,810
33,589
19,125
(55,027)
4,342
6,142
9,400
85,110
-
78,554
-
648,113
600,048
664,674
576,806
9,616,666
10,793,618
9,974,055
8,937,287
584,459
375,979
407,524
408,093
510,801
833,653
799,388
308,541
939,080
986,239
982,629
882,134
7,675,015
24,682,760
15,262,389
42,025,395
2,603,387
2,026,179
2,681,710
3,404,436
12,312,742
28,904,810
20,133,640
47,028,599
(2,696,076 (18,111,192) (10,159,585 (38,091,312
4,970,195
(2265,577)
4,682,587
78,287
7,465,492
864,560
864,560
(1,203,893)
(1,181,800)
19,129,109
6,580,000
2,571,812
(2,679,100)
42,515,653
4,769,416
16,552,070
$ 21,321,486
18,789,776 6,262,760 42,408,365
678,584 (3,896,825) 4,317,053
17,733,968 21,321,486 17,424,661
$ 18,412,552 $ 17,424,661 $ 21,741,714
29
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:
Projects
Dodd Blvd (CSAH 9): CSAH 70 to CSAH 46/2
Dodd Blvd (CSAH 9): 183rd St to Hayes Ave
CSAH 50 /CSAH 60 (185th St) Roundabout & Expansion
Ipava Ave: Traffic Signals at 175th St & 165th St
CSAH 50 Expansion: CSAH 60 (185th St) -CSAH 9
(Dodd Blvd)
CSAH 9 (Dodd Blvd): CSAH 60 (185th St) - 194th St
Cedar Avenue Signals
CSAH 50 (202nd St): Highview to Cedar (Design only)
Kenwood Trail Economic Develop Study
Total capital improvements
Fund Balance
2014 2015
Estimate Budget
$ 163,000 $ -
2,953,500 -
1,178,440 2,141,160
307,000 -
394,230
765,000
- 8,000
90,000
31,000
$4,632,940 $ 3,398,390
The funds are restricted for future street improvements on state -aid eligible roads.
30
Municipal State -Aid Fund
Statement of Revenue, Expenditures, and Changes in Fund Balance
2014 2015
2013 Adopted 2014 Adopted 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
Publicworks
Excess (deficiency) of
revenues over expenditures
21,005 7,131,915 4,632,940 3,398,390 (3,733,525)
4,177 (3,131,915) (2,664,190) (2,090,130) 1,041,785
Otherfinancin¢ sources (uses)
MSA debt issuance
Net change in fund balance
Fund balance, January 1
Fund balance, December 31
7,000,000 7,000,000
4,177 (3,131,915) (2,664,190) 4,909,870 8,041,785
3,396,712 3,180,712 3,400,889 736,699 (2,444,013)
$ 3,400,889 $ 48,797 $ 736,699 $ 5,646,569 $ 5,597,772
31
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 budget is as follows:
Pavement Management Fund
-- -- —
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, Draintlle
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
-- -- —
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 185 to 192 Street and County Road 50 from 186 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 longterm financial stability.
2015 - 2019 Capital Improvement Plan
Pavement Management Fund
Statement of Revenue, Expenditures and Changes in Fund Balance
Revenues
Taxes
MSA - Maintenance
Total Revenues
Expenditures
Maintenance
Crack sealing
Seal coating
Velocity Patching
Patching & Minor Overlays
Sidewalk
Cone Curb, Draintile
County Road Utility hnprovernents
Bridge Insp /Repans
Safety hnprovements
Total maintenance
Transfer to other purposes
Net Increase (Decrease)
Fund Balance, January 1
Fund Balance, December 31
2015 2016 2017 2018 2019
1,191,550 1,191,550 1,191,550 1,191,550 1,191,550
120,000 120,000 120,000 120,000 120,000
1,311,550 1,311,550 1,311,550 1,311,550 1,311,550
130,000 135,200 140,608 146,232 152,081
170,405
170,000
170,000
170,000
170,000
892,673
928,380
965,516
1,004,138
1,044,303
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
15,000
15,000
15,000
15,000
15,000
60,000
30,000
30,000
30,000
30,000
1,343,078
1,353,580
1,396,124
1,440,370
1,486,384
524,000
(555,528)
1,297,814
(42,030)
742,
(84,574)
700,
(128,820)
6
(174,834)
486,8
742,286
700,256
615,682
486,862
312,028
33
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 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.
34
Improvement Construction Fund
Statement of Revenue, Expenditures, and Changes in Fund Balance
Expenditures
Publicworks 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 fin an cinxsources(uses
Transfer to
2014 2015
-
2013 Adopted 2014 Proposed Increase/
-
Actual Budget Estimate Budget (Decrease)
Revenues
4,682,587
Intergovernmental
$ 268,780 $ $ $ $
Investment income (charges)
(3,862)
Other
75,092
Total revenues
340,010
Expenditures
Publicworks 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 fin an cinxsources(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
35
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.
Storm Sewer Fund
Statement of Revenue, Expenditures, and Changes in Fund Balance
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
Publicworks 270,568 834,939 169,235 826,132 (8,807)
Excess (deficiency) of 794,801 235,818 1,279,676 226,942 (8,876)
revenues over expenditures
Other financina sources (uses
Transferfrom
125,500
63,600
63,600
(63,600)
Transferto
(81,000)
(81,000)
(81,000)
(100,000)
(19,000)
Total otherfinancing sources
44500
(17,400)
(17,400)
(100,000)
(82,600)
(uses)
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
36
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:
Projects
Well Construction
Well site acquisition
Water Tower Construction
Water Treatment Improvements
Water Main Trunk Extensions
Total capital improvements
Fund Balance
2014 2015
Estimate Budget
$ 25,000 $ 1,750,000
30,500
129,500
500,000
4,062,680
300,000
4,026,000
219,398
200,000
$ 1,074,898
$ 10,168,180
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.
37
Water Fund
Statement of Revenue, Expenditures, and Changes in Fund Balance
Expenditures
Publicworks 95,048 3,345,000 1,074,898 10,168,180 6,823,180
Excess (deficiency) of 1,930,089 (1,607,910) 672,214 (8,475,788) (6,877,278)
revenues over expenditures
Other financin¢ sources (uses
Transfer to
(1,164,076)
2014
(1,100,800)
2015
(932,207)
Issuance of debt
2013
Adopted
2014
Proposed
Increase/
Preimum
Actual
Budget
Estimate
Budget
(Decrease)
Revenues
(1,164,076)
7,877,107
(1,100,800)
8,444,900
567,793
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
(85,704)
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
Publicworks 95,048 3,345,000 1,074,898 10,168,180 6,823,180
Excess (deficiency) of 1,930,089 (1,607,910) 672,214 (8,475,788) (6,877,278)
revenues over expenditures
Other financin¢ sources (uses
Transfer to
(1,164,076)
(1,122,893)
(1,100,800)
(2,055,100)
(932,207)
Issuance of debt
-
9
-
10,500,000
1,500,000
Preimum
-
-
-
Total other financing sources
(1,164,076)
7,877,107
(1,100,800)
8,444,900
567,793
(uses)
Net change in f und 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)
M
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.
Sanitary Sewer Fund
Statement of Revenue, Expenditures, and Changes in Fund Balance
Revenues
Charges for services
Special assessments
Investment income (charges)
Other
Total revenues
Expenditures
Publicworks
Net change in fund balance
Fund balance, January 1
Fund balance, December 31
2014 2015
2013 Adopted 2014 Proposed Increase/
Actual Budget Estimate Budget (Decrease)
$ 477,318 $ 294,500 $ 479,623 $ 280,500 $ (14,000)
20,059 20,930 20,930 18,315 (2,615)
(10,976) - - -
486,401 315,430 500,553 298,815 (16,615)
129 302,000 116 368,000 66,000
486,272 13,430 500,437 (69,185) (82,615)
3,306,837 1,960,639 3,793,109 4,293,546 2,332,907
$ 3,793,109 $ 1,974,069 $ 4,293,546 $ 4,224,361 $ 2,250,292
39
PARK DEDICATION FUND
Fund Description
The Park Dedication Fund accounts for park dedication fees received from land developers.
Uses of Funds (expenditures)
The expenditures consist of acquiring and developing City parks and trails.
Fund Balance
The funds are restricted toward future park development.
o
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.
41
2015 - 2019 Capital Improvement Plan
Trail Improvement Fund
Statement of Revenue, Expenditures and Changes in Fund Balance
Revenues
2015 2016 2017
2018 2019
Tax Levy
Expenditures
Trail sealcoating
Trail inspections (1/3 of system)
N side 165th - Ipava to Kenrick Ave
(reclamation)
E side Ipava Ave - S.M. Park /S entr. to 165th St
(reclam.)
N side 165th - Ipava to Highview Ave
(reclamation)
5 side 165th - Hudson to Highview
(reclamation)
Dakota Heights Park Trails (reclamation)
W side Flagstaff Ave - Fontina Path to Dodd
Blvd (reclam.)
N. Creek Trail - E from Flagstaff to N. Creek
MHP ( reclam.)
Dodd Trail trails - Flagstaff to Dodd Blvd
(reclamation)
E side Flagstaff - Fontina Path to Dodd
(overlay)
*E side Pilot Knob - 160th to 170th
(reclamation)
Aronson Park Trails (reclamation)
Cedar Highlands Park Trails (reclamation)
Hypointe Park Trails (reclamation)
Oak Shores Park Trails (reclamation)
Parkview Park Trails (reclamation)
Quail Meadows Park Trails (reclamation)
*W side Cedar- 190th to 202nd (reclamation)
*N side 160th - Ipava to Interlachen
(reclamation)
*S side 160th - Ipava to Cedar Ave
(reclamation)
Engineering costs for reclamation /overlay
projects
Total capital improvements
Net Increase (Decrease)
Fund Balance, January 1
Fund Balance, December 31
78,200 111,200 144,200 177,200 210,200
60,000 60,000 60,000 57,061 40,200
5,000 5,000 5,000 5,000 5,000
83,067
46,002
78,236
35,469
16,141
78,517
47,035
32,434
51,914
41,595
18,508
30,295
9,869
46,532
16,281
14,085
50,148
14,321
79,510
32,267
32,462
62,874
33,893
35,995
226,336
227,308
379,369
231,524
225,174
(148,136)
(116,108)
(235,169)
(54,324)
(14,974)
714,274
566,138
450,030
214,861
160,537
$ 566,138
$ 450,030
$ 214,861
$ 160,537 $
145,563
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.
42
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 14. 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 protects
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
Corarnunity 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.
43
* = Programmed to be replaced based on
,
Parks - Major Maintenance
NON - FINANCED (2015 - 2019)
a
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
Caeenridge (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
,
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.
45
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 1 -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.
Tax Increment Fund
Statement of Revenue, Expenditures, and Changes in Fund Balance
Expenditures
General government 149,270 1,113 1,113 - (1,113)
Excess (deficiency) of revenues
40,654 188,896 188,692 - (188,554)
over expenditures
Other fin an cinesources(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
M
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
40,654 188,896 188,692 - (188,554)
over expenditures
Other fin an cinesources(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
M
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
Building Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances
2015 2016 2017 2018 2019
Revenues
Property Taxes $ 51,000 $ 102,000 $ 153,000 $ 204,000 $ 255,000
Total revenues 5 1, 0 00 10 2, 0 00 15 3,000 204,000 255,000
Expenditures - Capital outla
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 43
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
4,1
-
-
-
Total expenditures
80 2,375
163,950
1 77,100
1 29,000
238,200
Net change in fund balance
(751,375)
(61,950)
(24,100)
75,000
16,800
Fund balance, January 1
872,116
12 0, 7 41
58,
34,6
1 09,691
Fund balance, December 31
$ 1 20,741
$ 58,
$ 34,69
$ 109,6
$ 126,
Details related to facilities are provided on pages 106 -109.
EVA
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
M
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:
49
2015 - 2019 Capital Improvement Plan
Equipment Fund
Statement of Revenue, Expenditures and Changes in Fund Balance
Details relating to equipment are provided on pages 92 -101.
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 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
50
2015
2016
2017
2018
2019
Rewnues
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
8 7,926
93,764
2 33,730
44 5,130
106,08
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
Details relating to equipment are provided on pages 92 -101.
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 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
50
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 102-
105.
I. Police
II. Fire
III. Streets
IV. Parks
$65,000
21.7%
$25,000
8.3%
$38,000
12.7%
$22,000
7.3%
51
ENTERPRISE
FUNDS
52
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.
2013 2014 2015
Transfer to General Fund (Admin.)
Transfer to Gen Fund (technology)
Transfer to Environmental Resources
Transfer to Equipment Fund
Transfer to Building Fund
Transfer to Police Station Bonds
117,282
118,317
124,876
45,206
39,503
40,297
1,396
874
874
837,738
800,000
825,812
648,360
-
-
100,000
400,000
400,000
1,749,982
1,358,694
1,391,859
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
Capital outlay
2015 Pro
Item
Video security cameras and recorders
2015 Total
Heritaue Galaxie Kenrick Total
11,177 17,045 11,177 39,398
$ 11,177 $ 17,045 $ 11,177 $ 39,398
Other furniture and equipment proposed in 2015 include the following:
Item
Computer - Desktop (5) Repi
Cash registers (13) Repi
Pin and chip card readers
Overhead Signage
2015 Tota I
Heritage
Galaxie
Kenrick
Total
2,503
$ 2,503
$ 2,503
$ 7,509
11,329
14,161
11,329
36,818
1,270
1,590
1,270
4,130
2,252
-
2,253
4,505
$ 17,354
$ 18,254
$17,355
$ 52,962
Sources
2015 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.
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
$
2014
$
2015
Percent
Store
359,478
Estimate
355,622
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
a
-- -- - -- -- - -- 54 -- -
LIQUOR FUND
SCHEDULE OF REVENUE, EXPENSES AND CHANGES IN NET POSITION
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 %
25.679
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
55
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:
Statement of Changes in Working Capital
2013
Actual
Sources
Sales
Cost of Goods sold
Gross income
Other revenues
Total sources
Uses
Personnel
Commodities
Contractual
Debt
Capital outlay
Transfers to other funds
Totaluses
Net change in working capital
Working capital - January 1
Working capital - December 31
$ 15, 381,124
(11,432, 525)
3,948,599
580
3,949,179
1,282,013
50,973
844,285
327.842
132,101
1,749,982
4,387,196
(438,017)
4,781,852
$ 4,343,835
2014
Adopted
Budget
$ 15, 829, 693
(11, 853, 712)
3,975,981
31,173
4,007,154
1,344,654
65,786
874,430
329,588
31,833
1,360,523
4,006,814
340
4,177, 872
$ 4,178,212
Projected Working Capital
2013
Actual
Current Assets
Cash and investments
Inventory
Other
Total Current Assets
Current Liabilities
$ 4,200,883
1,679,469
41,733
5,922,085
2014
Adopted
Budget
$ 4,228,973
1,506,321
49,149
5,784,443
1,183, 664
422,567
1,606,231
$ 4,178, 212
2014
Dept.
Estimate
$ 14,950,597
(11,217,148)
3,733,449
28,059
3,761,508
1,312,607
62,522
877,063
329,588
2,087,264
1,358,694
6,027,738
(2,266,230)
4,343,835
$ 2,077,605
2014
Dept.
Estimate
$ 1,877,518
1,750,007
42,074
3,669,599
1,221,081
370,912
1,591,993
$ 2,077,606
2015
Dept.
Estimate
$ 14,764,135
(11, 093, 360)
3,670,775
27.300
3,698,075
1,288,667
66,420
875,561
325,879
39,399
1,391,859
3,987,785
(289,710)
2,077,605
$ 1,787,895
2015
Dept.
Estimate
$ 1,570,936
1,802,507
53,955
3,427,398
1,257,713
381,790
1,639,503
$ 1,787,895
Accounts Payable 1,221,081
Other 357,169
Total current liabilities 1,578,250
Working capital - December 31 $ 4,343,835
56
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 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
1.0
1.0
0.8
1.0
Environmental Resources Manager
1.0
1.0
1.0
1.0
Environmental Resources Specialist
1.0
1.0
1.0
1.0
Total
20.0
20.0
20.5
21.0
Capital outlay
2015 Proposed
Item
1 -Ton Pickup Track with Crane
Handheld GPS
Trash Pianp
Workstation
Software
Conference Station (telephone)
Pallet Forks
Interactive Whiteboard
2015 Total
Sanitary Environmental
Water Sewer Resources
$ 60,319 $ 60,319 $
2,280 2,280
675 675
880 880
555 555
3,915 3,915
$ 68,624 $ 68,624 $
57 '1 _.
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 (71 -72).
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.
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
2014
2015
2015
Percentage
Customer Type
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:
Note: Due to high variability between parcel size and characteristics, commercial accounts
shown above does not include estimated street lights and surface water fees.
bm
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.
bm
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.
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.
Uses
2014 Street Recon
2015 Street Recon
2016 Street Recon
2017 Street Recon
2018 Street Recon
Initial
Principal
2,295,000
7,050,000
1,650,000
1,790,000
1,750,000
Estimated annual principal and interest pavment
Total Annual Obligations
2015 2016
2017
2018
2019
$ 66,684 $ 273,350
$ 274,200
$ 274,950
$ 270,650
246,750
496,046
496,046
496,046
49,500
193,430
193,430
53,700
209,843
-
-
-
52,500
$66,684 $520,100
$819,746
$1,018,126
$1,222,469
59
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:
Water - Only
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
Working Capital
Working capital is a financial metric which represents operating liquidity. Working capital is
current assets minus current liabilities.
Water Fund
Summary of Working Capital
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
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 y ears.
4.000.000
3,000,000
2,000,00D
1,000,000
2015 2016 2017 2018 2019
- Current Cash Min Cash Required
el
WATER OPERATING FUND
Statement of Revenue, Expense and Changes in Working Capital
Expenses
Personnel services
2015
2016
2017
2018
2019
Commodities
ESTIMATED
ESTIMATED
ESTIMATED
ESTIMATED
ESTIMATED
Contractual services
BUDGET
BUDGET
BUDGET
BUDGET
BUDGET
Revenues
8,322,333
2,051,356
2,226,903
2,210,050
1,635,395
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
Meters ales, 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
24,310
24,224
22,195
20,835
Total Revenues
3,622,785
3,877,963
4,157,456
4,456,226
4,735,218
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 Eryenses
10,929,371
4,710,535
4,939,266
4,976,662
4,457,340
Net OperatingIncome(loss)
(7,306,586
(832,572
(781,810
(520,435
277,878
Other Receipts (Disbursements
Bond proceeds
7,050,000
1,650,000
1,790,000
1,750,000
1,210,000
Transfers to General Fund
(146,652)
(151,785)
(157,097)
(162,596)
(168,287)
Debt payments
(66,684)
(520,100)
(819,746)
(1,018,126)
(1,222,469)
Capital outiayacquisitions
(68,624
(13,033
(174,586
(87,558
(61,166
Net Other
6,768,040
965,082
638,571
481,720
(241,921
Net Increase (Decrease)
(538,546)
132,511
(143,239)
(38,715)
35,957
Working Capital, January 1
6,177,704
5,639,158
5,771,669
5,628,430
5,589,715
Working Capital, December 31
$ 5,639,158 $
5,771,669 $
5,628,430
$ 5,589,715 $
5,625,671
61
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.
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
Revenue Expenditures —Major maintenance
Therefore, in order to provide adequate working capital and mitigate adverse sanitary sewer
rate increases, the 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 58) for the coming year. Examples of
projected customer costs are as follows.
62
2015 2016 2017 2018 2019
Sanitary Sewer - Only
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
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:
Sanitary Sewer Fund
Summary of Working Capital
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.
3,000,000
2,000,000 - - - -- �` �
I
1,000,000
2015 2016 2017 2018 2019
_Current Cash - -Min Cash Required
63
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
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.
3,000,000
2,000,000 - - - -- �` �
I
1,000,000
2015 2016 2017 2018 2019
_Current Cash - -Min Cash Required
63
SANITARY SEWER OPERATING FUND
Statement of Revenue, Expense and Changes in Working Capital
Revenues
Sewer use fees
State of Mn - PERA
Disposal of assets
Investment income (charges)
Total Revenues
Expenses
MCES charges
Personnel services
Commodities
Contractual services
Major maintenance projects
Total Epenses
Net Operating Income (loss)
Other Receipts (Disbursements)
Bond proceeds
Transfers from Environmental Res. Fund
Transfers to General Fund
Debt payments
Capital outiayacquisitions
Net Other
Net Increase (Decrease)
2015
2016
2017
2018
2019
ESTIMATED
ESTIMATED
ESTIMATED
ESTIMATED
ESTIMATED
BUDGET
BUDGET
BUDGET
BUDGET
BUDGET
$ 4,966,743 $ 5,041,244 $ 5,116,862 $ 5,193,615 $ 5,271,520
1,632
1,632
1,632
1,632
1,632
4,500
5,250
5,250
5,250
5,250
18,187
13,338
13,338
13,338
13,338
4,991,062
5,061,464
5,137,082
5,213,835
5,291,740
3,253,486
3,302,288
3,351,823
3,402,100
3,453,131
711,807
726,043
740,564
755,375
770,483
88,484
90,254
92,059
93,900
95,778
303,401
309,469
315,658
321,972
328,411
460,270
992,000
297,000
317,000
272,000
4,817,448
5,420,054
4,797,104
4,890,347
4,919,803
173,614
(358,590
339,979
323,489
371,936
720,000
19,055
19,060
19,060
19,060
19,060
(150,220)
(149,885)
(149,885)
(149,885)
(149,885)
(90,720)
(90,720)
(90,720)
(68,624
(440,386
(174,586
(87,558
(61,166
(199,789
148,789
(396,131
(309,103
(282,711
(26,175)
(209,801)
(56,152)
14,386
89,225
Working Capital, January 1
2,544,932
2,518,757
2,308,955
2,252,803
2,267,189
Working Capital, December 31
$ 2,518,757
$ 2,308,955
$ 2,252,803 $
2,267,189
$ 2,356,414
� .i
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.
65
STREET LIGHT OPERATING FUND
Summary of Working Capital
The Street Light Fund has adequate and sufficient working capital to finance operations for the
coming year.
r.
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%
The Street Light Fund has adequate and sufficient working capital to finance operations for the
coming year.
r.
STREET LIGHT OPERATING FUND
Statement of Revenue, Expense and Changes in Working Capital
M
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
M
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
• Wetland restoration
• Prairie maintenance
• Shoreline maintenance
• Capital improvements
• Foxborough park wetland mitigation
• 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.
M
Working Capital
Working capital is a financial metric which represents operating liquidity. Working capital is current
assets minus current liabilities.
ENVIRONMENTAL RESOURCES OPERATING FUND
Summary of Working Capital
2015
ESTIMATED
BUDGET
$ 480,449
32,000
512,449
(140,915
$ 371,534
38.61%
The Environmental Resources fund has adequate and sufficient working capital for the foreseeable
future.
69
2014
2013
ADOPTED
2014
ACTUAL
BUDGET
ESTIMATE
Cash
$ 917,986
$ 579,087
$ 723,007
Other current assets
114,098
29,940
33,642
Total assets
1,032,084
609,027
756,649
Liabilities
(171,411
(133,620
(169,465
Net working capital
$ 860,673
$ 475,407
$ 587,184
Working capital as % of expenses
113.03%
51.90%
54.00%
2015
ESTIMATED
BUDGET
$ 480,449
32,000
512,449
(140,915
$ 371,534
38.61%
The Environmental Resources fund has adequate and sufficient working capital for the foreseeable
future.
69
ENVIRONMENTAL RESOURCES OPERATING FUND
Statement of Revenue, Expense and Changes in Working Capital
Revenues
Surface Water Mgmt. Fees
Other fees
Grants
Investment income
Total Revenues
Expenses
Personnel services
Commodities
Contractual services
Total Expenses
Other Receipts (Disbursements)
Transfers from /(to) General Fund
Transferto Building Fund
Transfer to Sanitary Sewer Operating
Transfer from Water fund
Transfer from Liquor fund
Capital outlay acquisitions
Net Other
Net Increase (Decrease)
Working Capital, January 1
Working Capital, December 31
2014 2015
2013 ADOPTED 2014 ESTIMATED
ACTUAL BUDGET ESTIMATE BUDGET
$ 685,567 $ 683,410 $ 684,046 $ 694,606
2,105
2,500
2,500
2,500
153,509
44,492
123,292
44,892
(3,014
-
3,270
3,812
838,167
730,402
813,108
745,810
1,396
232,995
232,194
244,020
245,258
26,276
26,374
26,412
26,187
217,566
501,568
659,486
530,457
476,837
760,136
929,918
801,902
(143,697)
(136,426)
(138,591)
(141,377)
(460)
(460)
(19,248)
(19,045)
(18,963)
(19,055)
4,023
-
-
-
1,396
1,200
874
874
(121,669
-
-
-
(279,195
(154,731
(157,140
(159,558
82,135 (184,465) (273,950) (215,650)
778,538 659,872 860,673 586,723
$ 860,673 $ 475,407 $ 586,723 $ 371,073
70
WATER AND SANITARY SEWER OPERATING FUNDS
MAJOR MAINTENANCE AND CIP IMPROVEMENTS
2015-2019
2015 2016 2017 2018 2019
WATER OPERATING FUND
7602 - Water Administration /WTF
WTF Reroofing
Welding exhaust in shop
Change WTF monument sign
7606 - Meter Repair and Replacement
Residential Program - Meter Replacement Program (aging meters)
Residential Program - Transmitter install
7610 - Water Production (Wells, Pumps, - Excl. Well #10)
Well #4 - Roof replacement
Well #6 - Rehabilitation
Well #8 Rehabilitation
HSPS 600HP Pump
Well #11 Rehabilitation
Well #12 Rehabilitation
Well #13 Rehabilitation
Filter Backwash Pump
Well #14 Rehabilitation
Well #19 Rehabilitation
7612 - Water Main Repair
2014 Watermain Replacement Proj 14-02
2015 Watermain Replacement Proj 15 -02
2016 Watermain Replacement Proj 16 -02
2017 Watermain Replacement Proj 17 -02
2018 Watermain Replacement Proj 18-02
2019 Watermain Replacement Proj 19.02
7624 - Towers
Dakota Heights WaterTower - Cleaning /Inspection
Fairfield Water Tower - Cleaning /Inspection
Airlake Water Tower - Cleaning/Inspection
CMF WaterTower - Cleaning /Inspection
Michaud Park Tower - Cleaning /Inspection
Total Water Operating Fund
$ 661,000 $ $ $ $
5,800
5,000
671,800
195,398
200,000
205,000
210,000
215,000
312,100
90,000
92,000
95,000
98,000
507,498
290,000
297,000
305,000
313,000
25,000
-
-
-
60,000
-
-
60,000
-
60,000
60,000
-
-
60,000
60,000
45,000
-
60,000
60,000
85,000
60,000
120,000
165,000
120,000
7,048,835
1,641,356
1,784,903
1,740,050
- - 1,202,395
7,048,835 1,641,356 1,784,903 1,740,050 1,202,395
15,000
15,000
15,000
15,000 -
20,000 25,000
20,000 60,000 25,000
$8,333,133 $2,051,356 $2,226,903 $2,210,050 $1,635,395
71
WATER AND SANITARY SEWER OPERATING FUNDS
MAJOR MAINTENANCE AND CIP IMPROVEMENTS
2015 -2019
2015
SANITARY SEWER OPERATING FUND
7710 - III Study and Reduction
Inflow /Infiltration Mitigation Repairs
7712 - Lift Station Rehabilitation
Lift Station #12 Rehabilitation
Lift Station #13 Rehabilitation
Lift Station Grinders #143
Lift Station #6 Rehabilitation (2016) - Engineering Services (2015)
Lift station #7 rehabilitation
Lift station #23 pump replacement
Lift Station #8 Rehabilitation
Lift Station #16 Rehabilitation
Lift Station #24 Rehabilitation
Lift Station #9 Rehabilitation
7714 - Sewer Line and Manhole
Sanitary Sewer Rehabilitation Proj 15 -02
Sanitary Sewer Rehabilitation Proj 16 -02
Sanitary Sewer Rehabilitation Proj 17 -02
Sanitary Sewer Rehabilitation Proj 18-02
Sanitary Sewer Rehabilitation Proj 19-02
Total Sanitary Sewer Operating Fund
2016 2017 2018 2019
$ 77,000 $ 77,000 $ 77,000 $ 77,000 $ 77,000
45,000
45,000
50,000 - -
100,000 620,000 -
- 100,000 -
- 20,000 -
- 45,000
45,000
- 20,000
-
- - -
20,000
240,000 740,000 45,000 65,000
20,000
143,270 - -
-
- 175,000 -
- 175,000 -
- 175,000
-
- -
175,000
143,270 175,000 175,000 175,000
175,000
$ 460,270 $ 992,000 $ 297,000 $ 317,000 $ 272,000
72
DEPARTMENT: Utility
Description
Chevy 3/4 Ton 4x4 Pick -Up
Chevy 3/4 Ton 4x4 Pick -Up
Chevy 3/4 Ton 4x4 Pick-Up
20071/2 Ton 4x4 Pick -Up
20071/2 Ton 4x4 Pick -Up
Chevy 3/4 T Pick -Up
Chevy 3/4 T Pick -Up
Ford 1/2 Ton Van
20071 Ton 4x4 Truck w /plow
2003 F -550 Truck - Utility Truck with Crane
Sterling Vactor
Case Backhoe
Trash pump
Generator
Generator
Air compressor
Manhole fan
Snowblower
Cutoff saw
Weed whip
GPS unit
Conference Station
Pallet Forks
Interactive whiteboard
Other
EVVIRONNUNTAL RESOURCES
2005 Chevy 1/2 Ton 4x4
2005 Chevy 1/2 Ton 4x4
Handheld GPS Unit
Computer Desktop & software
Total
Year
2015
2016
2017
2018
2019
$ 35,479
35,479
35,479
34,561
34,561
36,702
36,702
28,928
84,063
120,638
427,353
172,866
1,350
2,656
47,995
1,756
2,050
1,365
1,361
684
4,560
1,760
1,110
7,830
1 111 1 111 1 111 1 111
32,000
32,000
3,009
3,768
$ 144,025 $ 453,420 $ 413,172 $ 175,116 $ 122,332
73
INTERNAL
SERVICE
FUND
74
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.
75
Municipal Reserves Fund
Schedule of Revenues, Expenses and Changes in Net Position
Non - operating revenue (expense
Investment income (charges)
(1,235)
2014
3,729
2015
459
Transfer to General Fund
2013
Amended
2014
Adopted
increase/
Total non - operating (net)
Actual
Budget
Estimate
Budget
(Decrease)
Operating Revenues
(115,623)
(18,657)
(19,901)
3,609
22,266
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 1
857,364
831,991
741,741
721,840
(110,151)
Net position, December 31
$ 741,741
$ 813,334
$ 721,840
$ 725,449
$ (87,885)
76
APPENDIX
77
CITY OF LAKEVILLE, MINNESOTA
General Fund
Schedule of Revenues, Expenditures and Changes in Fund Balances
For the Year Ending December 31, 2015
Excess (deficiency) of revenues
2014
2015
over expenditures
2013
Amended
2014
Proposed
Actual
Budget
Estimate
Budget
Revenues
Transfer from other funds
715297
759,814
757,755
General property taxes
$15,964,728
$16,794,367
$16,826,757
$ 17,811,502
Licenses and permits
2,087,937
1047,676
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 fires
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 eovernment
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
3,167341
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 fmancine sources (uses)
Transfer from other funds
715297
759,814
757,755
809,935
Transfer to other fonds
(2,401,607
-
-
(727,000
Total other financing sources (uses)
1( 686310
759,814
757,755
82035
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%
78
Classification
Personnel services
15,186,343
2014
16,220,462
2015
Commodities
2013
Amended
2014
Proposed
Other charges and services
Actual
Budget
Estimate
Budget
Function
37,389
108,563
136,920
154,256
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
Contmgency
105,000
-
105,000
21,312,688
22,239,499
22,682,619
23,473,601
Wt
General Fund
Schedule of Revenues and Other Financing Sources (Uses)
:1
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
:1
General Fund
Schedule of Revenues and Other Financing Sources (Uses)
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
4200
4,200
Club license
500
500
500
-
Non- intoxicating liquor on
1,200
1,550
1,200
1200
Non - intoxicating liquor off
975
975
975
3,900
Wine
2,000
2,000
2,000
3,200
Tree removal
1,155
1275
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
RE
General Fund
Schedule of Revenues and Other Financing Sources (Uses)
M
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
M
General Fund
Schedule of Revenues and Other Financing Sources (Uses)
Public safety
Police department charges
158,832
2014
150,009
2015
SRO - ISD 194 contributions
2013
Amended
2014
Proposed
Animal pickup
Actual
Budget
Estimate
Budget
Charges for services
6,494
7,738
6,200
6,200
General government
2,693
2,700
1,930
2,700
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
2248
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
217206
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
35270
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
W
General Fund
Schedule of Revenues and Other Financing Sources (Uses)
Parks, recreation and arts center
Brochure advertising
9,050
2014
9,900
2015
Youth activities
2013
Amended
2014
Proposed
Youth sport surcharge
Actual
Budget
Estimate
Budget
Charges for services (continued)
12,179
14,845
16,357
16,357
Public works
3,094
1,400
1,400
1,400
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. charge
63,588
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 surcharge
31,140
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. /tournamentfees
30,579
27,231
27,231
32,250
Tree sales (net)
3,533
3,100
3,100
3,100
Boulevard mowing
-
Senior Center membership surcharge
20,660
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)
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
$ 72250
$ 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
Investment income
Miscellaneous
Disposal of assets
Park rental farming
Donations
Antenna site leases
Other
Total miscellaneous
Other financing sources (uses) - Transfers
Special Revenue
From Communications Fund
Capital Projects
To Equipment Fund
To Building Fund
Enterprise
From Liquor Fund
From Utility Fund
Internal Service
From Municipal Reserve Fund
Total other financing (net)
219,535
274,590
209,716
288,001
(27206)
44,413
40,376
40,376
6,928
8,875
7,040
7,040
-
100
-
-
35,501
5,500
8,500
8,500
50,608
46,986
61,928
30,605
876
-
-
93,913
61,461
77,468
46,145
65,237 122,654 123,317 152,933
(1,811,607) (727,000)
(590,000)
162,488 159,323 157,820 165,173
440,431 429282 428,063 441,817
47,141 48,555 48,555 50,012
(1,686,310) 759,814 757,755 82,935
M
General Fund
Schedule of Expenditures
Committees/Commissions
Personnel services 46,370
49,884
2014
57,336
2015
1,530
2013
Amended
2014
Proposed
Expenditures
Actual
Budget
Estimate
Budget
Mayor and Council
1,104
-
3
580
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
Citv 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
-
3
580
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
-
1,945
3
580
Total
114,304
186,347
199,761
127,401
Legal cotmsel
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
-
580
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
-
22,460
-
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
159290
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)
M
General Fund
Schedule of Expenditures
Finance
Personnel services
$ 547,910 $
2014
559,556 $
2015
Commodities
2013
Amended
2014
Proposed
Expenditures (continued)
Actual
Budget
Estimate
Budget
General government facilities
-
2,601
2,601
18,168
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
-
2,601
2,601
18,168
Total
612,903
637,796
637,287
665298
Infarmation systerns
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
-
2,601
2,601
580
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
4,124
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)
87
General Fund
Schedule of Expenditures
Parks
Personnel services
1,482,546
2014
$ 1,595,055 $
2015
Commodities
2013
Amended
2014
Proposed
Expenditures (continued)
Actual
Budget
Estimate
Budget
Enguieering
592
1,994
-
-
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
87242
86,891
Capital outlay
21,625
78,788
64,678
11,582
Total
666,090
911,918
740,415
712,273
Streets
1,236
19,499
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
Heritaee 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
M.
CITY OF LAKEVILLE, MINNESOTA
Number of City Employees (Full Time Equivalent)
,P
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
Conn i u ications 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 Adnm» strative Assistant
0.5
0.5
0.5
0.5
Connnnnity and Economic Development Director
1.0
1.0
1.0
1.0
Economic Development Specialist
1.0
1.0
0.9
1.0
Comnn unity and Economic Dev. Admh 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
Facrldy 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 Tecb&ian
1.0
0.9
1.0
1.0
Hunan 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
,P
CITY OF LAKEVILLE, MINNESOTA
Number of City Employees (Full Time Equivalent)
(continued)
Position Title
Public safety
Police
Svmm officers
Chief
Deputy Chief
Lieutenants
Captains
Sergeants
Investigators
Narcotics Task Force Officer
Patrol Officers
Total snrom officers
Business Manager
Evidence Technician
Community Service Officers
Animal Control Officer
Records Supervisor
Records Specialist
Records Administrative Assistants
Total police
Fire
Fire Chief
Assistant Fire Chief
Fire Marshal
Fire Inspector
Fire Senior Administrative Assistant
Fire Administrative Assistant
Total Pine
Total public safety
Public works
EngineeriM
City Engineer
Assistant City Engineer
Project Engineer
Civil Engineer
Senior Construction Representative
Graduate Engineer
Engineering Administrative Assistant
GIS Supervisor
GIS Analyst
Total engineering
2012 2013 2014 2015
Actual Estimated Estimated Estimated
1.0
0.8
1.0
1.0
0.0
0.0
0.7
1.0
0.0
0.0
2.8
4.0
2.0
3.0
1.2
0.0
9.4
7.5
4.4
5.0
5.0
5.0
5.0
6.0
1.0
1.0
1.0
1.0
34.6
32.9
36.0
36.5
53.0
50.2
52.1
54.5
0.0
0.0
0.5
1.0
1.0
1.0
1.0
1.0
3.8
3.1
3.1
4.1
1.0
1.0
0.4
0.0
1.0
1.0
0.5
0.0
0.0
0.0
0.5
1.0
5_4
5_4
4_4
4_7
65.2
61.7
62.5
66.3
1.0
1.0
1.0
1.0
0.0
0.0
0.0
0.6
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
0_6
0_6
0_6
0_6
4_6
4_6
4_6
5_2
69.8
66.3
67.1
71.5
1.0
1.0
1.0
1.0
1.0
0.6
0.5
0.0
1.0
0.0
0.0
1.0
0.0
0.4
1.0
1.0
1.0
1.0
1.0
0.0
0.0
0.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1_0
1_0
1_0
1_0
7_0
6_0
7_5
7_0
Et
CITY OF LAE EVILLE, MINNESOTA
Number of City Employees (Full Tine Equivalent)
(continued)
Position Title
Public works (continued)
Streets
Operations and Maintenance Engineer
Streets Superintendent
Streets Supervisor
Streets Lead Maintenance
Senior Construction Representative
Fleet Supervisor
Fleet Service Technician Lead
Streets Maintenance 11
Fleet Service Technicians
Streets Administrative Assistant
Total streets
Total public works
Parks and recreation
Parks
Parks and Recreation Director
Parks Operations and Maintenance Manager
Parks Supervisor
Parks Lead Maintenance
Parks Maintenance 11
Parks Senior Administrative Assistant
Parks Maintenance Administrative Assistant
Totalparks
Recreation
Recreation Supervisor
Recreation Program Supervisor
Recreation Administrative Assistant
Senior Center Coordinator
Senior Center Administrative Assistant
Total recreation
Heritage Center
Heritage Center Facility Attendant
Facilities Manager
Total Heritage Center
Arts Center
Arts Center Manager
Arts Center Administrative Assistant
Arts Center Facility Attendant
Pottery Manager
Total arts center
Total parks and recreation
Total general/special revenue fund employees
91
2012 2013 2014 2015
Actual Estimated Estimated Estimated
0.0
0.0
0.5
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
0.0
0.0
0.5
3.0
0.0
0.0
0.3
1.0
1.0
1.0
1.0
1.0
10.3
10.3
11.0
11.0
4.0
4.0
4.0
4.0
1_0
1_0
1_0
1_0
19.3
19.3
21.3
25.0
26.3
25.3
28.8
32.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
9.0
9.0
9.0
9.0
1.0
1.0
1.0
1.0
1_0
1_0
1_0
1_0
15.0
15.0
15.0
15.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
0.7
0.7
0.7
0.7
4_7
4_7
4_7
4_7
0.0
0.9
0.9
0.9
0_0
0_0
0_0
0_0
0_0
0_9
0_9
0_9
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.5
1.5
1.5
1.5
0_2
0_2
0_2
0_2
3_7
3_7
3_7
3_7
23.4
24.3
24.3
24.3
155.3
151.3
156.6
166.1
Year
Description 2015 2016 2017 2018 2019
2015 2016 2017 2018 2019
Description
Precinct Tabulators 26.667 26,667 26,667
92
DEPARTMENT: City Clerk
EQUIPMENT- BUDGETED
DEPARTMENT: Technology
Description
Computer Replacement
Servers
Switches
Copy machines
Telephone replacements
Data backup & recovery server storage
Other
Total Capital Improvement
2015 2016 2017 2018 2019
15,499
47,925
57,510
57,510
5,000
-
-
-
218,828
20,568
-
130,381
130,381
-
9,986
-
-
-
-
18,900
19,264
19,264
19,264
19,264
34,092
-
-
-
-
13,249
26,575
26,575
19,147
61,252
91,726
93,764
233,730
445,130
106,084
93
Description
Community Service Officer
2012 Ford F -150
2013 Ford SUV
2012 Compact Van
2013 Ford F -150
2014 Ford SUV
Lieutenant Shared V ehicles
2005 Sedan
2008 Sedan
htvestisations
2005 Taurus
2005 Ford Taurus
2007 Nissan Murrano
2005 Taurus
2007 Chev Impala
2008 Chevy Equinox
Patrol - Marked
2002Jeep
2011 Crown Vic
2011 Crown Vic
2011 Crown Vic
2011 Crown Vic
2005 Ford Taurus
Squad Car
2011 Crown Vic
2013 Ford SUV
2013 Ford SUV
2013 Ford SUV
2013 Ford SUV
2013 Ford PI
2013 Ford SUV
2013 Ford SUV
2014 Ford SUV
2013 Ford SUV
2014 Ford SUV
2014 Ford SUV
2014 Ford SUV
2014 Ford SUV
2014 Ford SUV
Squad Car
2014 Fond SUV
Year
2015 2016 2017 2018 2019
27,783 -
- 30,000
27,000
27,595
35,625
27,595
35,625
35,625
35,625
35,625
35,625
24,399
37,000
30,000
30,000
30,000
30,000
30,000
27,595
27,595
27,000
30,000
30,000
30,000
30,000
27,387
- 30,000
25,000
25,000
c l 1'11
1 111
1 111
1 111
31,668
31,668
1 111
1 111
1 111
1 111
1 111
30,000
26,600
9
DEPARTMENT: Police
DEPARTMENT: Police
Year
Description
Patrol - Un- marked
2014 Ford PI
Patrol - Other
iphones
AIDS
Radar Unit
Iight Bar and siren control
Voice Recorder App
Computer equipment
Toughbook
Emergency vehicle preemption
Body Bunkers /Ballistic Shields
Less Lethal launcher
Training software
Weapon lights
Patrol bicycles
CSU Cameras
PBTs
Toughbooks
AR15 Rifle and Equip
Taser
In -Car Video 22 Marked Squads
Glock handgun
Oxygen Regulators
Tint Meters
800 mhz Portable radios
MAAGRifles
Laser
Squad Radios
John Deere Broom
Office Cubicles (6)
Total
2015 2016
21,018
19,032
14,475
12,145
11,000
6,085
4,975
3,600
2,613
2,500
2,240
1,397
837
9,000
40,000
111
1,071
136,526
22,000
17,465
5,155
2017 2018 2019
30,000
6,000 3,000
30,000 30,000
111
2,480
1,071 1,071
1,071 4,500 1,071
71,526 -
18,000
500 - -
- 347,160 174,148
9,000 -
4,000 -
- 200.000
3,000
304,441 516,720 763,613 675,586 289,007
95
DEPARTMENT: Fire
Year
Description
2015 2016 2017 2018 2019
Fire Engine E-2 (8282)
535,000 - - -
Station I 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
1 815
Gear Dryer (3)
Laserfiche/Mobile Device Licenses for Asst Fire Chief
Sparky Outfit
Fire Engine E- 1(8184)
Firefighting Nozzles
60 Inch Interactive Whiteboard (FS 3)
Rechargable Scene Lights
Ram Air Gear Dryer (1)
Lucas 2 CPR Device
Toughbooks
Replacement Radios
Dist Chief 5 Staff Vehicle (8190) Ford Expolrer 2010
Dist Chief 4 Staff Vehicle (8191) Ford Fxpolrer 2010
Fire Inspector Vehicle (8397) Chevy 1/2 Ton Truck 2007
Rescue Tools (Update 4 Sets of Cutters)
Replacement Radios
Replacement Radios
535,000
3,933
3,825
- 65,000
- 66,750
- 44 >000 -
- - 44,000 -
- - 44,000 -
- 65,000 -
- - 66,750 -
- - - - 66,750
561,534 542,758 135,683 263,750 66,750
a
DEPARTMENT: Streets
97
Year
Description
2015
2016
2017
2018
2019
Maintenance Vehicles
20051 Ton 4x4 Tmck & 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
-
20051/2 Ton 4x4 Pick -Up
-
-
33,239
-
2006 3/4 Ton 4x4 Pick -Up
-
_
_
37,866
20061/2 Ton 4x4 Pick -Up
-
-
34,121
2006 3/4 Ton 4x4 Truck
-
-
34,121
20091 Ton 4x4 Pick -Up & Plow
-
-
_
_
89,272
2006 3/4 Ton 4x4 Pick -Up
-
-
-
-
35,298
Heaw 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
_
_
Sterling Dump Truck
_
_
_
_
222,378
Sterl Tandem Dunrp Track
-
-
-
252,458
-
Tandem Truck w/Plow (New Plow Route)
-
-
_
_
Sterl Dump Truck
_
_
_
228,282
-
Sterl 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
-
-
MowerforTmctor
-
-
-
-
87,242
CAT Mini-Excavator
-
-
67,966
CAT Skid Loader
-
-
42,658
97
EQUIPMENT- BUDGETED
865,582 1,074,246 956,163 592,919 1,257,297
DEPARTMENT:
Streets
Year
Description
2015
2016
2017 2018 2019
Trailers
High speed impact attenuator
27,176
-
- - -
Hot Patch Trailer
-
23,963
- - -
TowmasterTrailer
-
-
7,634 - -
General FauinmenC
Copier
9,005
-
-
Interactive whiteboard
-
- - -
Sidewalkgrinder
-
- "
Line Striper
5,489
-
- -
Traffic control devices
5,068
-
- - '
Gras 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
-
- -
GRupp Water Pump -B'
-
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 -
W kr W ater 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
DEPARTMENT: Parks
a
Year
Description
2015
2016
2017
2018 2019
Maintenance Fattipment
20051 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
-
-
- -
20021/2 Ton 4x2 Pick -up
-
26,812
-
2003 1/2 Ton 4x2 Pick -up
-
-
26,812
- -
NP-lew -8a lift -gate existing vehicle
3,503
-
-
- -
Soil conditioner(skidloader attachment)
-
-
-
- -
Trencher(skidloaderattachment)
-
-
-
- -
2008 Riding rmwer
-
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 /snowblower
-
-
-
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 - T 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
a
DEPARTMENT: Parks
Description
Snecialized Fmdunent
Deep tine aerator
1991 Seeder
Slope laser
2002 Generator
Compound miter saw
2000 Sod cutter
1997 Irrigator
1997 Irrigator
2002 Aemvator
1990 Drum aerator /corifier
1995 Generator
2006 Flail mower
2001 Rear Blade
2003 Bronco tiler
2008 Water Pump
2007 Dirt Pulverizer
Generator
2000 Irrigator
2000 Irrigator
1987 Planer
General Fimiunent
1990 Mower
Split -shaft w /sweeper /hedge /line trimmer
Weed Whip
Weed Whip
Weed Whip
Weed Whip
Weed Whip
Weed Whip
Weed Whip
Weed Whip
2006 Push mower
Chain Saw
Pole Saw
Chain Saw
Chain Saw
Hedge Trimmer
Pole Saw
Chain Saw
Hedge Trimmer
Chain Saw
Blower
Blower
Weed Whip
Weed Whip
Weed Whip
Weed Whip
Total
Year
2015 2016 2017 2018 2019
16,900
999
826
5,252
-
8,000
-
- -
7,400
-
- -
7,000
-
- -
5,500
-
- -
2,500
-
- -
1,750
-
- -
775
-
- -
-
14,000
-
7,000
-
-
-
3,000
- 3,500
-
- 750
-
-
-
- 350
-
-
-
- 350
-
-
-
- 350
-
-
-
- 350
-
-
-
- 350
-
-
-
- 350
-
-
-
-
1,375
-
-
- -
1,200
-
-
- -
845
-
-
- -
800
-
-
- -
800
-
-
- -
600
-
-
-
870
-
800
-
660
-
-
800
-
-
375
-
-
-
375
-
-
-
350
-
-
-
350
-
-
-
350
-
350
364,972 407,471
194,057
276,642
80,450
100
101
DEPARTMENT: Utility
Year
Description
2015
2016
2017
2018
2019
Chevy 3/4 Ton 44 Pick -Up
35,479
Chevy 3/4 Ton 4x4 Pick -Up
35,479
Chevy 3/4 Ton 4x4 Pick -Up
35,479
20071/2 Ton 4x4 Pick -Up
34,561
20071/2 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
20071 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 compres sor
1,756
Manhole fan
2,050
Snowblower
1,365
Cutoff saw
1,361
Weed whip
684
CPS 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 44
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
101
DEPARTMENT: Utility
Year
Description 2015 2016 2017 2018 2019
Investi¢ations
2005 Taurus 35,625 (35,625)
2005 Ford Taunus 27,595' —+ (27,595)
Patrol - Marked
Squad Car 65,000
Patrol - Other
iphones 26,318
iphones - revisedestimate (21,018)
Computer equipment 6,642
Patrol bicycles 1,845
AR15 Rifle and Equip -
Taser -
In -Car Video 22 Marked Squads -
Clock handgun -
Oxygen Regulators -
800 mhz Portable radios
800 mhz Portable radios revised estimate
1 111
tl
4,000
2,000
10,000
900
600
196,000
(347,160)
� 111
2,000
8,000
10,000
10,000
900
900
600
600
a�
235,200
(174,148)
Office Cubicles (6) - 20,000
Total 77,007 32,380 (133,660 (87,648 246,700
102
DEPARTMENT: Police
DEPARTMENT: Fire
Description
Toughpad Keyboards & Mount
70 Inch Interactive Whiteboard (FS 2)
Hydrant Valve
Firefighting Nozzles
Laserfiche /Mobile Device licenses for Asst Fire Chief
Sparky Outfit
60 Inch Interactive Whiteboard (FS 3)
Ram Air Gear Dryer (1)
Lucas 2 CPR Device
Year
2015 2016 2017 2018 2019
7,231 - -
7,995 -
3,080
5,162
730
- 4,003 -
- 7,995 -
- 7,145 -
- 14,641 -
24,198 33,784 -
103
Description
2015 2016 2017 2018 2019
Heaw Duty Trucks
Sterling Dump Truck (New Plow Route)
196,893 -
TandemTiuckw /Plow (New Plow Route)
- - - 252,458 -
Special Use Emdmunt
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 roomshelving
2,115 - - - -
Imn Worker
- 13,826 - - -
Mobile Heavy Duty Vehicle Hoist
- 41,697 -
233,974 13,826 41,697 252,458
104
DEPARTMENT: Streets
Year
105
DEPARTMENT:
Parks
Year
Description
2015
2016 2017
2018
Maintenance Fauipntent
V -Plow & B-gate crusting 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 tower
-
26,300 -
-
Riding mower
-
26,300 -
-
Ice resurfacer
-
- -
10,300
Turf roller - T wide
-
_ _
7,000
Trailers
Tandem Trailer (mowers) 20' & 3'
-
12,220 -
- -
Specialized Equipment
Deep tine aerator
-
24,832 -
Slope laser
1,995
- -
General Fauiunent
Weed Whip
-
350 -
Weed Whip
350
Total
20,624
117,164
17,300
105
FACILITIES CAPITAL IMPROVEMENT PLAN
Arts Center
2015 2016 2017 2018 2019
Water proof basement - Changing room
Re- carpet auditorium with carpet tile
Lobby & elevator with carpet tile
Replace carpet on stairs
Heat tape in gutter & down spout behind
manager's office
Track lighting lower level upgrade
Painting - auditorium
Smartstruxure system integration hardware &
software updates
Re -roof area C & D
Replace electric water heater
New stage drapes
ADA modifications
TOTALS
Central Maintenance Facility
Fog seal bituminus areas
Painting wash bay
Welding bay floor recoating
Parks racking
Fleet supervisor office door to library
Hydrant Painting
Hose reels
CMF space needs study
F>11 station for water trucks hook up 3" or 4"
Clean walls in parking garage area
Clean walls in fleet shop area
Fleet Shop flooring recoating
Carpet administrative area
Carpet Offices (3) and conference room
Replace both hotsy
ADA modifications
27,000
11,000
4,800
4,000
1,100
675
4,000
6,800
36,000
1,300
9,500
$ 48,575 $ 4,000 $ 6,800 $ 36,000 $ 10,800
2015
2016
2017 2018
17,000
7,300
5,500
5,000
4,100
800
950
20,000
3,000
3,000
2,000
28,500
4,200
1,100
16,000
2019
TOTALS $ 40,650 $ 28,000 $ 33,800 $ 16,000 $ -
106
FACILITIES CAPITAL IMPROVEMENT PLAN
City Hall
Parking lot reclamation
Replacement of rooftop S3
Council chambers - replace carpeting
Electronic sign - LNHS (Ipava/50) software
upgrade
Wood doors repairs refinish
New high efficiency boilers
Re -roof area D new addition
Smartstruxure system integration hardware and
software updates
Re -roof area C metal roof
ADA modifications
TOTALS
2015 2016 2017 2018 2019
204,000
67,000
12,000
PI
11
120,000
- 111
15,000
55,000
$ 293,500 $ - $120,000 $ 77,000 $ 55,000
Fire Station #1
Parking lot reclamation
Sealing or painting concrete floor in bay area
Paint walls bay area
Smartsa uxure system integration hardware and
software updates
Front entrance pillars block work entrance, block
work by door #5
Upstairs conference room LED lighting dimming
controls
South window replacement
Fogged south windows
Re -roof area B & metal entrances
ADA modifications
TOTALS
1Ire Station #2
Parking lot reclamation
Painting walls and ceilings
Sealing or painting concrete floor in bay area
Training room carpet tile
Replace 30 fogged windows on doors
New unit heater in apparatus room
Smartstruxure system integration hardware and
software updates
ADA modifications
TOTALS
2015 2016 2017 2018 2019
136,000
13,000
8,000
4,800
4,200
3,100
2,000
1,900
20,000
$ 173,000 $ 20,000 $ $ $
2015 2016 2017 2018 2019
116,000
7,400
5,900
3,200
2,000
1,800
5,300
$ 134,500 $ 1,800 $ 5,300 $ $
107
FACILITIES CAPITAL IMPROVEMENT PLAN
F5re Station #3
Smartstruxure system integration hardware and
software updates
Sealing or painting concrete floor in bay area
Fog seal & seal coat bituminous areas
ADA modifications
TOTALS
Ore Station #4
2015
Front entrance block and pillar repairs
2,400
Fog seal & seal coat bituminous areas
Smartstruxure system integration hardware and
software updates
Re -roof areas A & B
ADA modifications
TOTALS
$ 2,400
Heritage Center
2015
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
Rooftop unit 6 replacement
Security camera system
Packaged rooftop units economizer
Coffee bar roll up door
Water heater gas
Smartstruxure system integration hardware and
software updates
Rooftop unit 3 replacement after 20 years of
service
Rooftop unit 4 replacement after 20 years of
service
2015 2016 2017 2018 2019
5,200
5,500
4,800
$ 10,700 $ 4,800 $ $ $ -
7,400
22,000
28,000
ADA modifications - -
TOTALS $ 94,950 $ 95,350 S 4,000 $ $ 57,400
108
2016 2017 2018 2019
10,000
7,200
115,000
$ 10,000 $ 7,200 $ - $115,000
2016 2017 2018 2019
30,000
30,000
24,000
7,500
3,850
111
FACILITIES CAPITAL IMPROVEMENT PLAN
Police Station
Cottonwood filters G & B environmental
ADA modifications
2015 2016
4,100
$ 4,100 $
2017 2018
2019
TOTALS
11021
CITY OF LAKEVILLE
RESOLUTION No.
RESOLUTION ADOPTING THE 2015 TAX LEVY
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the
following 2015 tax levy is hereby approved and adopted.
Purpose
TOTAL
Debt
Street improvements
3,393,258
Police Station
678,478
Central Maintenance Facility
911,081
Ice Arena
314,505
Total Debt Levy
5,297,322
General Fund
17,760,477
Pavement Management Fund
1,191,550
Street Reconstruction Fund 50,000
Equipment Fund 300,000
Building Fund 51,000
Trail Fund 78,200
Total tax levy $ 24,728,549
APPROVED AND ADOPTED this 15` day of December 2014 by the City Council of the
City of Lakeville, Minnesota.
CITY OF LAKEVILLE, MINNESOTA
A
Matt Little, Mayor
ATTEST:
Charlene Friedges, City Clerk
Schedule A - Debt Service
following is a schedule of all debt which, at the time of issuance, included
ification of future property tax levy. The following schedule - column B - provides
of debt listing actual tax levies for taxes payable 2014. The difference betweer
ification and actual is due to changes in funding sources such as interest or
�stments, liquor fund contributions, special assessments, General Fund (operatinc
=s) and other contributing factors.
Capital Improvement Bonds 2004A
Ice Arena Lease Revenue Bonds 2006
Capital Improvement Bonds 2007D
Improvement Bonds 2007B
Improvement Bonds 2008A
Improvement Refunding Bonds 2009B
Improvement Bonds 2011A
Improvement Bonds 2012A
Improvement Bonds 2013A
Improvement Bonds 2014A
Street Reconstruction Bonds 2003A
Street Reconstruction Bonds 2005A
Street Reconstruction Bonds 2007H
Street Reconstruction Bonds 2009A
Refunding Bonds 2011 B
Refunding Bonds 2012B
Refunding Bonds 20148
Debt Service Total **
$ 360,000 $
911,081
621,500
314,505
-
678,478
95,293
-
(328)
-
457,971
278,415
152,673
137,406
527,969
485,731
329,354
329,354
986,081
480,165
1,118,651
941,597
-
188,316
226,217
208,967
430,949
343,307
81,659
-
2,013,270
536,366
-
$ 7,937,625 $
5,297,322
CITY OF LAKEVILLE
RESOLUTION No.
RESOLUTION ADOPTING THE 2015 BUDGET
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the
following 2015 budget, a copy of which is on file in the Finance Directors Office, is
hereby approved and adopted.
General Fund
General property taxes
Licenses and permits
intergovernmental revenue
Charges for services
Court fines
Investment income
Miscellaneous
Transfers from other funds
Mayor and Council
Committees /Commissions
City administration
City Clerk
Legalcounsel
Planning
Community and econ, development
Inspection
General government facilities
Finance
Information systems
Human resources
Insurance
Police
Fire
Engineering
Streets
Parks
Recreation
Heritage Center
Arts Center
Other
Transfers to other funds
17,811,502
1,968,416
827,661
2,939,577
288,001
40,376
46,145
809,935
97,411
71,096
414,285
127,401
82,351
429,809
300,526
854,922
433,123
665,298
530,931
378,472
322,100
9,211,309
1,639,147
712,273
3,548,005
2,388,645
608,476
104,516
448,505
105,000
727,000
Total General Fund 24,731,613 24,200,601
RESOLUTION ADOPTING THE 2015 BUDGET (continued)
Fund /Department
Special Revenue Funds
Communications
Economic Development
Debt Service Funds
Property Taxes
Special Assessments
State -aid
Tax Increment
Water Revenue
Arena Revenue
HRA Lease Revenue
Capital Projects Funds
Municipal state -aid
Pavement Management
Improvement Construction
Building
Equipment
Park Dedication
Trail
Storm Sewer
Water
Sanitary Sewer
Tax Increment
Internal Service - Municipal Reserves Fund
Enterprise- Liquor Fund
Enterprise - Utility Fund
Grand Total
Enterprise
Debt /Capital
Revenues Expenditures Improvements
721,634 1,316,151
2,776 7,500
3,946,601
17,288,139
1,966,214
2,240,044
841,528
842,566
374,566
282,986
2,055,580
2,055,580
183,796
318,620
647,050
609,524
8,308,260
3,398,390
1,311,550
1,867,078
25,015,653
25,015,653
51,000
802,375
3,097,616
2,210,852
2,618,192
2,669,603
78,200
226,336
1,053,074
926,132
12,192,392
12,223,280
298,815
368,000
493,036 489,427
14,791,435 13,443,005 214,398
10,119,706 8,927,064 9,016,051
$ 110,794,852 $ 118,775,208 $ 9,230,449
NOW, THEREFORE, BE IT RESOLVED the actual 2014 unencumbered fund 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 2015 Street Reconstruction Project
3. Next $300,000 to be appropriated (prorated) as follows:
a. 2015 Equipment Fund (non- funded equipment)
b. Park Improvement Fund (New)
i. Parks
$150,000 50.0%
4. Remaining unencumbered balances appropriated to the 2015 Street
Reconstruction Project
APPROVED AND ADOPTED this 15th day of December 2014 by the City Council of
the City of Lakeville, Minnesota.
CITY OF LAKEVILLE, MINNESOTA
a
Matt Little, Mayor
ATTEST:
Charlene Friedges, City Clerk
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%
4. Remaining unencumbered balances appropriated to the 2015 Street
Reconstruction Project
APPROVED AND ADOPTED this 15th day of December 2014 by the City Council of
the City of Lakeville, Minnesota.
CITY OF LAKEVILLE, MINNESOTA
a
Matt Little, Mayor
ATTEST:
Charlene Friedges, City Clerk