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HomeMy WebLinkAbout2017 ADOPTED BUDGET Page Elected and Appointed Officials 4 Introduction Overview Location 6 Community Profile 7 Organizational Structure 13 Budget Structure Description of City Funds and Accounting Structure 14 Relationships between Departments and Funds 17 Financial and Budget Policies 18 2016 Budget Development Process and Calendar 23 Budget Overview Property Tax Levy Information 24 Budgetary Summary for All Appropriated Fund Types 25 General Fund Fund Balance Discussion 28 Schedule of Revenues, Expenditures, and Changes in Fund Balance 29 Schedule of Revenues General Property Taxes 30 Licenses and Permits 31 Intergovernmental 32 Charges for Services 33 Court Fines, Investment Income, Miscellaneous, and Other Financing 35 Department/Program Budget Descriptions and Expenditures General Government Mayor and Council 36 Committees and Commissions 38 City Administration 39 City Clerk 41 Legal Counsel 43 Planning 44 Community and Economic Development 46 Inspections 48 General Government Facilities 50 Finance 52 Information Systems 54 Human Resources 56 Insurance 58 Table of Contents CITY OF LAKEVILLE, MINNESOTA 2016 Adopted Budget 1 (continued) Page General Fund (continued) Public Safety Police 59 Fire 62 Public Works Engineering 64 Operations and Maintenance 66 Streets 68 Parks and Recreation Parks 70 Recreation 72 Heritage Center 74 Arts Center 75 Special Revenue Funds Combined Schedule of Revenues, Expenditures, and Changes in Fund Balances 78 Communications Fund 80 Economic Development Fund 83 Debt Service Funds Description 86 Debt Financing and Obligations 87 Legal Debt Limits 88 Credit Rating 88 Debt Issuance 89 Combined Schedule of Revenues, Expenditures, and Changes in Fund Balances 90 General Obligation Debt Fund 91 General Obligation Special Assessments Fund 92 Tax Increment Fund 93 State-Aid Street Fund 94 Water Revenue Fund 95 Arena Revenue Fund 96 HRA Lease Revenue Fund 97 Combined Schedule of Governmental Debt Service Requirements 98 Capital Projects Funds Combined Schedule of Revenues, Expenditures, and Changes in Fund Balances 101 Municipal State Aid Street Fund 103 Pavement Management Fund 105 Table of Contents CITY OF LAKEVILLE, MINNESOTA 2016 Adopted Budget 2 Page Capital Projects Funds (continued) Improvement Construction Fund 107 Storm Sewer Fund 109 Water Fund 110 Sanitary Sewer Fund 112 Park Dedication Fund 113 Park Improvement Fund 115 Trail Improvement Fund 117 Tax Increment Fund 119 Building Fund 120 Equipment Fund 121 Enterprise Funds Liquor Fund 123 Utility Fund Overall 126 Water Operation 130 Sanitary Sewer Operation 132 Street Light Operation 134 Environmental Resources 136 Internal Service Fund Municipal Reserves Fund 140 Appendices Number of City Employees (Full Time Equivalent)143 Table of Contents CITY OF LAKEVILLE, MINNESOTA 2016 Adopted Budget (continued) 3 CITY OF LAKEVILLE, MINNESTOA OPERATING AND CAPITAL IMPROVEMENT PLAN BUDGET FISCAL YEAR 2017 Elected Officials Mayor Matt Little Council Member Doug Anderson Council Member Bart Davis Council Member Colleen Ratzlaff LaBeau Council Member Kerrin Swecker Appointed Officials City Administrator Justin Miller Finance Director/Treasurer Jerilyn Erickson City Clerk Charlene Friedges Police Chief Jeffrey Long Fire Chief Michael Meyer Public Works Director Christopher Petree Parks and Recreation Director John Hennen Planning Director Daryl Morey Community and Economic Development Director David Olson City Engineer Zach Johnson Liquor Director Brenda Visnovec Human Resources Manager Tammy Schutta 4 Introduction 5 6 CITY OF LAKEVILLE, MINNESOTA Community Profile Community Description The City of Lakeville is a suburban community located approximately 20 minutes south of the Minneapolis–Saint Paul metropolitan area within Dakota County. The City has a land area of 38 square miles and serves a community with a population of 59,991 residents based on a recent estimate by the Metropolitan Council. The population of 59,991 is 4,037 or 7.2% over the 2010 Federal Census of 55,954. History Back in 1853, Captain William B. Dodd directed construction of a road connecting the military forts in St. Paul and the southern forts in St. Peter and Mankato. That road was later named Dodd Road. In 1855, 250 acres were platted at the halfway point along that route by J.J. Brackett, who used the road to transport travelers and suppliers. This midway point, near beautiful Prairie Lake, was called Lakeville. A settlement was soon established and a post office was constructed to serve the community. Conveniently located, Lakeville soon grew to include a general store, two hotels, a boarding house, a blacksmith shop, a saloon, and a shoemaker shop. In 1858, Lakeville Township was officially formed, encompassing the rural farming areas surrounding the Lakeville settlement. A variety of ethnic groups settled in the area, including immigrants from Ireland, Scotland, England, and the Scandinavian countries. When the railroad came through in 1869, railroad officials were unable to purchase the land adjacent to the existing settlement. So, the railroad proceeded to buy 20 acres in Lakeville Township, just east of the existing settlement, and named the area Fairfield. It wasn’t long before local businesses moved the short distance to Fairfield where the railroad came through. The first Lakeville settlement site was soon abandoned. In 1878 the Fairfield site established its own government and officially became the Village of Lakeville. In 1889, the Village Council appropriated $1,000 for anyone who would start a creamery to serve the community. In 1890 a creamery was started by a group of farmers from the Lakeville area. In 1891 the Village Council again offered a financial incentive to encourage development - $1,500 for a mill. By 1892, the Claro Mill, located by the railroad tracks and 208th Street, was up and running. By 1900 the village had grown to a population of 373, and voters approved a bond issue to build a new engine house, lock up, and Village Hall. In 1901 the building opened, complete with a bell tower and bell used to summon people to fight fires. In 1967, Lakeville Township and the Village of Lakeville merged to form the City of Lakeville. Since then, Lakeville has continued to grow into the dynamic suburban community of today, where government, residents, and businesses continue to work together. Founded by hard-working pioneers, Lakeville government today still maintains a commitment to well-planned growth and development designed to enhance the community. 7 CITY OF LAKEVILLE, MINNESOTA Community Profile (continued) Growth Management The City has been and is expected to continue to be one of the fastest growing cities in Minnesota. 54,328 Federal Census 55,954 61,925 50,000 52,000 54,000 56,000 58,000 60,000 62,000 64,000 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Population Estimated Actual The Lakeville City Council created a Strategic Growth Management Task Force in 1992. Its goal was to develop strategies regarding the rate, location and types of development that would generate fiscal stability while preserving and enhancing the City’s quality of life and services. The City Council reconvened the Strategic Growth Task Force in 1998 for the purpose of making both short and long-term recommendations or suggestions on strategies relating to how the rate, location and type of residential and commercial/industrial growth can generate fiscal stability and preserve or enhance the quality of services, while minimizing any adverse impacts on City systems and taxpayers. In December 2010, the City Council approved the 2011-2013 Strategic Plan for Economic Development. The Plan served as a guide for the work of the Economic Development Commission (EDC) and Economic Development Departmental staff to achieve Lakeville’s economic development objectives. The 2014-2016 Strategic Plan for Economic Development, the eighth plan prepared by the EDC since 1995, was approved by the City Council in November 2013. Six Strategic priorities were identified. Based on their priorities, key outcome indicators and strategic initiatives were developed. The 2017-2019 plan is currently being updated. 8 CITY OF LAKEVILLE, MINNESOTA Community Profile (continued) In early 2013 the City retained a consultant to facilitate a community visioning process. The City Council assembled a task force drawn from diverse perspectives from throughout the community. The task force was responsible for reviewing data and input from various sources and also considered current and future trends regarding housing, development, demographics, and various potential changes that could occur throughout the community over the next 25 years. With input from the community and with the help of the consultant the task force worked through this data and developed a unified community vision report called Envision Lakeville. The community vision report presents a vision of Lakeville’s future, a set of community values and a list of strategic priorities for guiding the implementation of the key initiatives outlined in the report over the next 25 years. The next steps in the Envision Lakeville process is to begin discussions regarding how the City Council wishes to initiate an implementation or strategic plan and how community groups, City staff and the City Council’s advisory boards and commission can participate in its development and application. Vision Statement: “We envision a thriving, multi-generational community where families, friends and neighbors connect, live, learn, work and play. Great schools; a diverse local economy; exceptional parks, trails, and recreational opportunities; vibrant social and cultural institutions; safe neighborhoods; and responsive and cost-effective public services – together create a place we are proud to call home.” Community Values: Diversified Economic Development Good Value for Public Services Safety Throughout the Community Design That Connects the Community High Quality Education A Home for All Ages and Stages of Life A Sense of Community and Belonging Access to a Multitude of Natural Amenities and Recreational Opportunities Strategic Priorities Increase economic sustainability Support a high quality education Develop a community of choice Cultivate a sense of community Provide services that add value 9 CITY OF LAKEVILLE, MINNESOTA Community Profile (continued) City of Lakeville 2008 actual land use composition and 2030 projection is as follows1: Land Use 2008 Actual 2030 Projection • Single family residential 20.8% 27.6% • Townhomes, condominiums 2.2% 10.2% • Rural agriculture/residential 36.6% 12.0% • Commercial/industrial 7.0% 13.2% • Parks and open space 15.0% 16.0% • Public right-of-ways 13.4% 13.4% • Public and semi-public 3.9% 3.8% • Multifamily residential 0.1% 3.0% • Manufactured housing 1.0% 0.8% City of Lakeville demographic and economic statistics with select unemployment rate comparisons to Dakota County, State of Minnesota, and the United States for the last ten years are as follows: State Labor Labor of Minn. Year Population2 Force Rate Force Rate Rate 2006 52,323 29,677 3.9% 230,427 4.1% 4.9% 2007 53,829 30,588 3.9% 230,246 4.2% 4.8% 2008 54,328 30,744 5.4% 231,191 5.9% 6.6% 2009 55,772 30,759 6.4% 227,791 7.1% 7.5% 2010 55,954 31,741 5.9% 227,117 6.5% 7.0% 2011 56,534 31,237 4.8% 232,257 5.2% 5.7% 2012 57,048 32,312 4.2% 229,545 4.7% 5.2% 2013 57,789 32,977 3.7% 230,839 4.0% 4.5% 2014 59,361 33,493 2.9% 231,538 3.2% 3.7% 2015 59,991 33,876 2.7% 234,299 3.1% 3.7% Dakota CountyCity of Lakeville Labor Force Unemployment Rate3 Source: 1 City of Lakeville 2010 Comprehensive Plan. 2 Metropolitan Council as of April 1st of each year, (except for year 2010 Federal Census). 3 Minnesota Dept. of Employment and Economic Development as of December 31, 2015. Not seasonally adjusted, information not available 10 CITY OF LAKEVILLE, MINNESOTA Community Profile (continued) Organization The City’s governing body consists of a mayor and four council members, all elected at large. The mayor serves a two-year term of office and council members serve overlapping four-year terms. The present mayor and council members are: Expiration of Term Matt Little Mayor December 31, 2016 Doug Anderson Council Member December 31, 2016 Bart Davis Council Member December 31, 2018 Colleen Ratzlaff LaBeau Council Member December 31, 2018 Kerrin Swecker Council Member December 31, 2016 The City Administrator is responsible for the daily management of City business and the administration of policy as directed by the Council. Mr. Justin Miller is the City Administrator and has served in this capacity since December 2014. Mr. Miller has 10 years of experience in local government as a city administrator. Services Lakeville provides a full range of services. City functions include general government administration, police and fire protection, street maintenance, engineering, planning and zoning, parks and recreation, and community and economic development services. The City also operates two Enterprise Funds for three off-sale liquor stores and a water, sanitary sewer, street light and environmental resources utility. The three liquor stores are strategically located adjacent to major highways collectively represent the largest municipal liquor operation in Minnesota. The City’s Police Department consists of 57 full-time officers and 23 volunteer police reservists. The Fire Department has four stations and is served by 84 trained volunteers. The City has a fire rating of 3 for insurance purposes. This results in a significant reduction in fire insurance premiums for commercial and industrial buildings and apartments. Additional City facilities include 62 park properties (which include 45 playgrounds), 19 conservation areas and seven greenways, three municipal swimming beaches, nine outdoor ice rinks which are fully boarded, 3 indoor ice rinks, and approximately 108 miles of trails. The City provides water and sanitary sewer facilities to a majority of its residential areas. The City’s present water system includes 18 wells, 2 reservoirs and 6 water storage facilities with a total capacity of 11.8 million gallons. The City’s water treatment plant has a production capacity of 26.5 million gallons of water per day. The Metropolitan Council Environmental Service (MCES) is responsible for treatment and disposal of sanitary sewer effluent. 11 CITY OF LAKEVILLE, MINNESOTA Community Profile (continued) Major employers located in the City of Lakeville Employer Number of Employees Product/Service Independent School District No. 194 1,370 Public Education Hearthside Food Solutions 630 Food service contractors ConAgra Store Brands 515 Breakfast cereal manufacturing Imperial Plastics 450 Plastics material & resign mfg Post Consumer Brands 327 Cereal production Menasha Corporation 246 Corrugated box manufacturing BTD Manufacturing 245 Metal manufacturing City of Lakeville 239 City Government Jeff Belzers Chev-Dodge-Kia 200 Auto Dealership Target 200 Retail Source: City of Lakeville, Minnesota Ten of the Largest Taxpayers in the City of Lakeville Taxpayer Type of Business Taxable Net Tax Capacity Value Southfork Apartments LLC Apartments 330,854$ Lakeville 2004 LLC Commercial 328,838 Heritage Commons LLC Retail 325,364 Minnegasco Inc Utility 291,298 Dakota Electric Association Utility 285,868 Argonne Investments LLC Retail 267,020 Walker Highview Hills LLC Senior Housing 259,216 Target Corporation Retail 255,234 AGNL Exercise LLC Commercial 240,066 Northern States Power Company Utility 226,854 Source: Dakota County Auditor and Treasurer’s Office 2015/2016 Taxable Net Tax Capacity 12 CI T Y O F L A K E V I L L E , M I N N E S O T A Or g a n i z a t i o n a l S t r u c t u r e De c e m b e r 3 1 , 2 0 1 6 13 DESCRIPTION OF CITY FUNDS AND ACCOUNTING STRUCTURE The accounts of the City are organized on the basis of funds, each of which is considered a separate accounting entity. The City’s fiscal year is the calendar year. Governmental Fund Types Budgets are appropriated for the following governmental funds through which functions of the City are financed: General Fund The general fund is the operating fund of the City. It is used to account for all financial resources except those required to be accounted for in another fund. Special Revenue Funds The special revenue funds are used to account for the proceeds of specific revenue sources that are designated or legally restricted to expenditures for specified purposes. Special revenue funds utilized by the City include the following: Communications Economic development Debt Service Funds The debt service funds are used to account for the accumulation of resources for, and the payment of, long-term debt principal, interest and related costs not funded by proprietary fund type operations. Debt service funds utilized by the City include the following: General Obligation (G.O.) G.O. improvement Tax increment State-aid Street Water revenue Arena revenue HRA lease revenue Capital Projects Funds The capital projects funds are used to account for financial resources to be used for the acquisition of equipment, construction of major capital facilities and infrastructure, or other long-term projects. The City prepares a 5-year capital improvement plan and adopts the first year of the plan. Once the budget is adopted, the individual capital appropriations do not lapse. In budgeting capital projects funds, the City assumes that all budgeted amounts will be spent on the indicated projects within the fiscal year or shortly thereafter. 14 DESCRIPTION OF CITY FUNDS AND ACCOUNTING STRUCTURE Governmental Fund Types (continued) Capital Projects Funds (continued) As such, appropriations for uncompleted capital projects are not available for re- appropriation in subsequent years. Capital projects funds utilized by the City include the following: Municipal state aid Pavement management Improvement construction Storm sewer Water Sanitary sewer Park dedication Park improvement Trail improvement Tax increment Building Equipment Proprietary Fund Types Budgets are appropriated for the following proprietary funds through which functions of the City’s proprietary activities are funded primarily through retail sales and user charges. Enterprise Funds The enterprise funds are used to account for operations (a) that are financed and operated in a manner similar to private business – where the intent of the governing body is that the costs (expenses, including depreciation) of providing goods or services to the general public on a continuing basis are to be financed or recovered primarily through user charges, or (b) where the governing body has decided that periodic determination of revenues earned, expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control, accountability or other purposes. Internal Service Fund The internal service funds are used to account for the financing of goods or services provided by one City department to other City departments. The City utilizes the municipal reserves fund as an internal service fund. 15 DESCRIPTION OF CITY FUNDS AND ACCOUNTING STRUCTURE MAJOR FUNDS Major funds are classified according to generally accepted accounting principles as those funds having any one of their total assets, liabilities, revenues or expenditures/expenses equal to or greater than 10% of either total of governmental fund types or proprietary fund types and 5% of the aggregated total for both governmental funds and enterprise funds. Governmental Proprietary Governmental Proprietary General X Special Revenue Communication X Economic Development X Debt Service General Obligation X G.O. Improvement X Tax Increment X State-Aid Street X Water Revenue X Arena Revenue X HRA Lease Revenue X Capital Projects Municipal State Aid Street X Pavement Management X Improvement Construction X Storm Sewer X Water X X Sanitary Sewer X Park Dedication X Trail Improvement X Tax Increment X Building X Equipment X Enterprise Liquor X Utility X Internal Service Municipal Reserves X Major Funds Non-Major Funds Fund 16 CITY OF LAKEVILLE, MINNESOTA Relationships Between Departments and Funds December 31, 2016 Community General and Government Economic Public Parks and Off-Sale Funds Admin. Development Finance Police Fire Works Recreation Liquor General Fund X X X X X X X Special Revenue Funds: Communications X Economic Development X Debt Service Funds:X Capital Projects Funds: Municipal State-aid X Pavement Mgmt.X Improvement Const.X Storm Sewer X Water X Sanitary Sewer X Park Dedication X Trail Improvement X Tax Increment X X Building X X X X X X Equipment X X X X Enterprise Funds: Liquor X Utility X Internal Service Fund: Municipal Reserves X 17 FINANCIAL AND BUDGET POLICIES These policies provide guidelines for the fiscal administration of the City. The budget for the City of Lakeville serves as a comprehensive, rational guide for financial and programmatic decision-making and operations management throughout each fiscal year. The budget is intended to be not only a financial plan but also a performance plan linked to the strategic goals established by the City Council and outlined in the Strategic Budget Goals and Initiatives. Accounting, Auditing and Financial Reporting The financial reporting and budgeting systems of the City are organized on a fund basis. A fund is a fiscal and accounting entity with a self-balancing set of accounts. Funds are the control structures that ensure that public monies are spent only for those purposes authorized and within the amounts authorized. Funds are established to account for the different types of activities and legal restrictions that are associated with a particular government function. • An independent audit will be performed annually. • The City will produce comprehensive annual financial reports in accordance with Generally Accepted Accounting Principles (GAAP). • The City will endeavor to maintain the GFOA Certificate of Excellence in Financial Reporting. Budgetary Basis of Accounting Governmental fund budgets are on a modified accrual basis of accounting consistent with generally accepted accounting principles. Under the modified accrual basis, revenues are recognized when they are susceptible to accrual (i.e., when they become measurable and available). “Measurable” means the amount of the transaction can be determined and “available” means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Under the modified accrual basis, expenditures are generally recognized when the liability is incurred, except for principal and interest on general long-term debt, which is recognized when due. Governmental fund budgets include the General Fund, Special Revenue Funds, Debt Service Funds, and Capital Projects Funds. Proprietary fund budgets are on an accrual basis of accounting consistent with generally accepted accounting principles except for loans, loan payments, capital expenses, and depreciation, which are budgeted on a cash basis. The focus of accrual accounting is primarily upon the determination of net income and the maintenance of capital. Therefore, included within these funds are all assets and liabilities associated with the fund’s operations. Revenues are recognized when earned and expenses are recorded as soon as they result in liabilities for benefits received, notwithstanding that the receipt or payment of cash may take place in another accounting period. Expenses are recognized in the accounting period in which the liability is incurred, which also includes depreciation. For budgetary control purposes, the City also appropriates capital acquisitions for the proprietary funds. Proprietary fund budgets include the Enterprise Liquor Fund, Utility Fund and the Internal Service Municipal Reserves Fund. A budget is not adopted for the City’s Fiduciary Agency Fund. 18 FINANCIAL AND BUDGET POLICIES (continued) The City’s audited financial statement uses the modified accrual basis of accounting for all governmental funds (at the fund level), and uses the accrual basis of accounting for all proprietary funds. Budget Development The City’s operating budget policy sets forth guidance with respect to balanced operating budgets, with an overriding goal of achieving structural balance over a longer-term period, while recognizing that in certain periods, revenues and expenditures may not be equal. A balanced budget for the General Fund is defined as revenues and other sources equal to or exceeding operating expenditures and other uses. The budget will provide for adequate maintenance of capital facilities and equipment and for their orderly replacement. The adopted budget will take into consideration the coordinated development of the capital improvement plan with the development of the operating budget. Operating costs associated with new capital improvements will be projected and included in future operating budget forecasts. The impact on the operating budget from any new programs or activities being proposed should be minimized by providing funding with newly created revenues whenever reasonably possible. Budget amounts are as originally adopted or as amended by City Council. The legal level of budgetary control (i.e., the level at which expenditures may not legally exceed appropriations) is at the total expenditures level for the General Fund and Special Revenue Funds. The City Administrator has authorization to expend funds in excess of the appropriation for individual line items. Balanced budgets for the proprietary enterprise funds are defined as providing sufficient revenues to support the operations of those funds, without subsidy from the General Fund or property taxes. Charges from the proprietary internal service funds shall be sufficient to support such activities. In addition to operating expenses, enterprise funds shall be budgeted to provide for replacement costs of property, plant, and equipment, if appropriate, when establishing rates and charges for services. The operating budget will describe the major goals to be achieved and the services and programs to be delivered for the level of funding provided. Where possible the City will integrate performance measurement and productivity indicators with the budget. Budgeted expenditure appropriations lapse at year-end. Supplementary appropriations can be carried forward to the following year if approved by the City Council. Budget Amendment Process Budgets that require amending for reasons of a routine nature or special circumstances are amended by the passage of a resolution approved by the City Council. Amendments of a routine nature are typically approved in December of the current fiscal year while amendments due to special circumstances or unexpected events such as emergencies are authorized at the earliest possible City Council meeting date. 19 FINANCIAL AND BUDGET POLICIES (continued) Revenue Policies Revenue policy elements include: • The City will project its annual revenues realistically, yet conservatively for budget purposes. • The City will endeavor to maintain a diversified and stable revenue system to shelter it from annual fluctuations in any one revenue source. All existing and potential revenue sources will be reexamined annually. • New sources of non-property-tax revenue should be actively explored at all times. • Where appropriate and not contrary to accepted public policy or statutes, emphasis will be directed toward full cost recovery through user fees. User fees and cost allocation formulas will be updated periodically (annually if needed). • Ongoing, the City will review the full cost of activities supported by user fees to identify the impact of inflation and other factors. The fees along with the resulting net property tax costs will be reviewed with the City Council during the budget process. Sensitivity to market rates will also be considered in setting fees. • Intergovernmental grant requests are subject to fiscal review before the application is submitted. This review is to ensure that the grants do not create an obligation for unfunded expenditures by the City relating to the grant’s purpose and to provide an overall budgetary review of grant proposals. Investments • Investments will be in conformance with the City of Lakeville’s Investment Policy. All investments will address safety, liquidity, and yield. All cash balances during the year are invested in securities permitted by State Statute and the Investment Policy. • It is the City’s policy to invest all available monies at competitive interest rates, coordinated with projections of the City’s operating and program cash flow needs. Interest earned from investment of available funds will be distributed to the funds annually based on each fund’s average monthly cash balance for the year. Capital Improvement Budgets • Capital outlay expenditures result in the acquisition of fixed capital assets that have a useful life of greater than one year. They are tangible in nature in that the physical substance does not materially change its form through use. • The City will adopt a five-year capital improvement plan and update it annually. • The City will coordinate development of the capital improvement plan with the development of the operating budget. Future operating costs associated with new capital improvements will be projected and included in operating budget forecasts. • The City will project its equipment replacement and maintenance needs for the next five years and will update this projection each year. From this projection, a maintenance and replacement schedule will be developed and included in the operating budget. In addition, 20 FINANCIAL AND BUDGET POLICIES (continued) the City will maintain all its assets at a level adequate to protect the City’s capital investment and to minimize future maintenance and replacement costs. • The City staff will identify the estimated costs and potential funding sources, including the consideration of joint ventures with other cities, for each capital project proposal before it is submitted to the City Council for approval. • The process will include an evaluation of effective financing for each project. • Budget balances appropriated in Capital Projects Funds are designated for specific projects and are carried forward as available for expenditure until the project is complete or the balance is transferred to other eligible projects. Debt The City’s debt policy provides guidance to ensure that long-term debt is utilized appropriately and in a fiscally prudent manner. Elements of the policy include: • Limiting long-term borrowing to capital improvements or other long-term projects which cannot, and appropriately should not, be financed from current revenues. • Final maturity of bonds and notes should not exceed the expected useful life of the underlying project for which it is being issued. • Where possible, the City will endeavor to pledge special assessments, State-aid or other non- tax revenues to debt service payments. • Debt will not be used to finance current operations. • State of Minnesota Statutes limits the legal debt obligations to 3% of the City’s taxable market value. Fund Balance Fund balance or net assets are terms used to define the difference between a fund’s assets and its liabilities. Fund balance is used in governmental fund types and net assets are used in proprietary fund types. The City’s General Fund unrestricted fund balance, designated for working capital as of the end of the year, should equal 40% to 50% of the next year’s budgeted expenditures. Fund balance may be used for the following: • Provide flexibility if State law significantly limits the City’s taxing and spending powers. This could include legislation regarding levy limits, property tax freezes, levy referendum requirements, etc. • Provide flexibility if the State eliminates or reduces State revenue including fire pension aid, police pension aid, aid for streets, or PERA pension aid. • Provide some protection for future funding needs of the capital improvement plan including possible liquor operations legislation. • Support the City’s bond rating. 21 FINANCIAL AND BUDGET POLICIES (continued) • Cover expenses created by natural disaster including flood, fire, or tornadoes and protect against other unforeseen expenditures and any other items. • Cover a General Fund deficit when actual revenues are less than expenditures and to allow for a reasonable degree of error in budget forecasting. For budget purposes only the fund balance for the General Fund excludes the nonspendable, restricted and committed fund balance classifications. The fund balance policy protects the City in the event of temporary revenue shortfalls or unpredicted expenditures and provides time to react to permanent changes in the City’s operating environment. 22 2017 BUDGET DEVELOPMENT PROCESS AND CALENDAR State Statutes, local ordinances, and the City’s budget development policy prescribe the process of budget review and adoption for the City of Lakeville. The laws require public input in the budget process, including the publishing of a budget summary in the local media. Public input is also available at the public meetings at which budget information is discussed. The following is a calendar for the 2017 budget process: May 2016 • City Administrator directs staff to prepare their budget based on Council goals and objectives. • Finance Department distributes budget preparation information to all departments. • The five year Capital Improvement Plan is developed under the guidance and direction of the City Administrator June/July 2016 • Proposed budgets are submitted to the City Administrator and Finance Department. • Budget meetings are held with Department Directors and budget preparers. • Finance Department reviews budget requests and prepares a proposed budget. • City Administrator reviews proposed budget and directs revisions based on budget requests and revenue estimates. • City Council receives a draft of the Capital Improvement Plan and provides comments and direction. August 2016 • City Council work session on tax legislation, General Fund budget history, budget requests, debt, property tax levy, and potential tax impacts. • Staff reviews proposed budget and makes revisions as directed by the City Council. September 2016 • City Council approval of preliminary budget and property tax levy on September 19th. • Preliminary property tax levy certified to Dakota County by September 30th. October 2016 • City Council work session to review Utility Fund budgets. November 2016 • Planning Commission reviews the Capital Improvement Plan for compliance with the Comprehensive Plan. • City Council work session to review changes to the proposed budget. • Dakota County sends a notice to taxpayers indicating their property tax and the date of each taxing jurisdiction’s budget hearing. • City Council holds public hearing on the proposed Capital Improvement Plan and Adopts Plan. December 2016 • City Council holds a “Truth in Taxation” public hearing on the final budget and final property tax levy on December 5th. • After listening to public comment, the City Council closes the public hearing. • City Council adopts the final budget and final property tax levy on December 5th. • Final property tax levy certified to Dakota County by December 30th. 23 PROPERTY TAXES Tax Levy The adopted 2017 tax levy is $26,679,614 which is a $999,995 (3.89%) increase from the 2016 tax levy. The adopted tax levy takes into consideration an increase for equipment ($100,000), and increase for facilities ($99,000) and increase for parks and trails ($158,000). The tax levy increase is primarily the result of increased costs due to growth in the City for General Fund operations ($288,205) and debt for street reconstruction (354,790). The adopted 2017 tax levy is as follows: Levy Increase/ (Decrease) %% General Fund 18,842,000 288,205 1.55% Street Reconstruction 50,000 - 0.00% Pavement Management Fund 1,191,550 - 0.00% Building Fund 150,000 99,000 194.12% Equipment Fund 350,000 100,000 40.00% Park Improvement Fund 175,000 125,000 n/a Trail Improvement Fund 111,200 33,000 42.20% Debt Service Funds 5,809,864 354,790 6.50% Total 26,679,614$ 999,995 $ 3.89% Tax Levy - Summary 2017 The tax levy for street reconstruction debt service will be a factor for tax levy increases in 2017 and future years. Benefited property owners are specially assessed for 40% of the typical residential street reconstruction; the remaining 60% of street reconstruction costs is financed with property tax levies. General Obligation Improvement bonds are issued to finance the projects with special assessments and property tax levies pledged to the repayment of the debt. 24 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues General property taxes 24,815,129$ 25,679,362$ 25,684,074$ 26,671,171$ Tax increment 404,082 349,000 456,561 456,561 Licenses and permits 3,387,001 2,611,474 3,448,488 2,940,379 Intergovernmental 5,318,371 6,862,888 7,949,640 2,516,696 Charges for services 22,120,595 18,204,910 21,844,835 19,305,494 Court fines 369,356 315,000 466,000 466,000 Special assessments 1,736,905 1,050,496 1,122,282 1,436,159 Investment income 420,692 336,818 391,657 409,172 Donations 9,789,826 1,415,224 1,421,419 1,205,000 Miscellaneous 850,402 2,774,154 3,056,725 933,061 Gross profit 3,289,119 3,385,006 3,429,586 3,439,986 Total revenues 72,501,478 62,984,332 69,271,267 59,779,679 Expenditures and expenses General government 5,196,423 5,625,317 5,785,669 5,927,626 Public safety 10,892,071 11,706,573 11,504,261 12,282,014 Public works 3,858,297 4,818,999 4,397,964 4,918,872 Parks and recreation 3,532,376 3,719,420 3,516,277 3,800,415 Debt service 11,297,639 10,110,133 10,061,229 11,841,036 Capital outlay 31,648,313 34,039,403 38,608,860 20,882,657 Operating expenses 14,721,847 24,630,127 24,097,549 17,992,592 Total expenditures and expenses 81,146,966 94,649,972 97,971,809 77,645,212 Other financing sources (uses) Transfer from other funds 6,904,491 3,869,883 5,104,534 4,948,032 Transfer to other funds (6,904,491) (3,869,883) (5,104,534) (4,948,032) Disposal of assets (115,951) 119,000 129,500 34,000 Issuance of debt 16,545,000 26,337,574 25,906,522 9,592,981 Refunding bonds issued - - 6,758,102 - Payment on refunded bonds called (12,460,000) (1,950,000) (1,950,000) (18,455,000) Premium on bonds issued 1,005,509 - - - Total other financing sources (uses)4,974,558 24,506,574 30,844,124 (8,828,019) Net change in fund balance and net position (3,670,930) (7,159,066) 2,143,582 (26,693,552) Fund balance and net position, January 1 191,775,693 166,031,206 188,104,763 190,248,345 Fund balance and net position, December 31 188,104,763$ 158,872,140$ 190,248,345$ 163,554,793$ Enterprise capital outlay acquisitions 692,165$ 1,191,589$ 1,147,781$ 1,045,189$ Enterprise bond proceeds -$ 7,473,720$ 6,570,000$ 1,494,952$ Enterprise debt principal 180,000$ 190,000$ 180,000$ 190,000$ 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 Year Ending December 31, 2017 25 Ge n e r a l S p e c i a l D e b t C a p i t a l In t e r n a l S e r v i c e Fu n d Re v e n u e Se r v i c e Pr o j e c t s Li q u o r Ut i l i t y Mu n i c i p a l R e s . Total Re v e n u e s Ge n e r a l p r o p e r t y t a x e s 18 , 8 3 3 , 5 5 7 $ - $ 5 , 8 0 9 , 8 6 4 $ 2, 0 2 7 , 7 5 0 $ - $ - $ - $ 2 6 , 6 7 1 , 1 7 1 $ Ta x i n c r e m e n t - - 4 0 4 , 0 0 0 52 , 5 6 1 - - - 4 5 6 , 5 6 1 Li c e n s e s a n d p e r m i t s 2, 2 0 2 , 9 5 2 73 7 , 4 2 7 - - - - - 2 , 9 4 0 , 3 7 9 In t e r g o v e r n m e n t a l 1, 0 2 1 , 6 8 5 51 6 1 , 2 4 2 , 3 3 1 12 0 , 0 0 0 3, 9 0 0 12 8 , 2 6 4 - 2 , 5 1 6 , 6 9 6 Ch a r g e s f o r s e r v i c e s 2, 6 6 6 , 6 9 7 2, 5 0 0 38 2 , 1 7 6 3, 9 0 9 , 5 4 9 - 1 1 , 9 7 3 , 7 7 3 37 0 , 7 9 9 19,305,494 Co u r t f i n e s 46 6 , 0 0 0 - - - - - - 4 6 6 , 0 0 0 Sp e c i a l a s s e s s m e n t s - - 1 , 4 0 3 , 8 8 8 32 , 2 7 1 - - - 1 , 4 3 6 , 1 5 9 In v e s t m e n t i n c o m e 90 , 0 7 1 3, 7 0 2 94 , 4 4 8 17 6 , 8 7 0 3, 7 4 4 36 , 9 7 8 3, 3 5 9 409,172 Do n a t i o n s - - 9 5 , 0 0 0 10 , 0 0 0 - 1 , 1 0 0 , 0 0 0 - 1 , 2 0 5 , 0 0 0 Mi s c e l l a n e o u s 37 , 8 6 0 - - 8 9 1 , 6 0 1 3, 6 0 0 - - 9 3 3 , 0 6 1 Gr o s s p r o f i t - - - - 3 , 4 3 9 , 9 8 6 - - 3,439,986 To t a l r e v e n u e s 25 , 3 1 8 , 8 2 2 74 4 , 1 4 5 9, 4 3 1 , 7 0 7 7, 2 2 0 , 6 0 2 3, 4 5 1 , 2 3 0 13 , 2 3 9 , 0 1 5 37 4 , 1 5 8 59,779,679 Ex p e n d i t u r e s a n d e x p e n s e s Ge n e r a l g o v e r n m e n t 5, 3 9 3 , 5 6 3 53 4 , 0 6 3 - - - - - 5 , 9 2 7 , 6 2 6 Pu b l i c s a f e t y 12 , 2 8 2 , 0 1 4 - - - - - - 1 2 , 2 8 2 , 0 1 4 Pu b l i c w o r k s 4, 9 1 8 , 8 7 2 - - - - - - 4 , 9 1 8 , 8 7 2 Pa r k s a n d r e c r e a t i o n 3, 8 0 0 , 4 1 5 - - - - - - 3 , 8 0 0 , 4 1 5 De b t s e r v i c e - - 1 1 , 4 5 8 , 7 7 8 - 1 2 5 , 9 5 9 25 6 , 2 9 9 - 1 1 , 8 4 1 , 0 3 6 Ca p i t a l o u t l a y 40 , 1 3 5 10 7 , 5 7 9 - 2 0 , 7 3 4 , 9 4 3 - - - 2 0 , 8 8 2 , 6 5 7 Op e r a t i n g e x p e n s e s - - - - 2 , 4 8 7 , 7 4 9 15 , 0 0 3 , 5 0 3 50 1 , 3 4 0 17,992,592 To t a l e x p e n d i t u r e s a n d e x p e n s e s 26 , 4 3 4 , 9 9 9 64 1 , 6 4 2 11 , 4 5 8 , 7 7 8 20 , 7 3 4 , 9 4 3 2, 6 1 3 , 7 0 8 15 , 2 5 9 , 8 0 2 50 1 , 3 4 0 77,645,212 Ot h e r f i n a n c i n g s o u r c e s ( u s e s ) Tr a n s f e r f r o m o t h e r f u n d s 78 2 , 6 5 5 - 1 , 6 0 9 , 7 2 9 2, 0 9 4 , 5 0 0 - 4 6 1 , 1 4 8 - 4 , 9 4 8 , 0 3 2 Tr a n s f e r t o o t h e r f u n d s (1 , 1 4 5 , 0 0 0 ) (1 1 5 , 4 2 9 ) - ( 2 , 0 5 2 , 0 7 5 ) (5 4 7 , 4 5 4 ) (1 , 0 3 5 , 0 1 7 ) (5 3 , 0 5 7 ) (4,948,032) Di s p o s a l o f a s s e t s - - - - - 3 4 , 0 0 0 - 3 4 , 0 0 0 Is s u a n c e o f d e b t - - - 9 , 5 9 2 , 9 8 1 - - - 9 , 5 9 2 , 9 8 1 Pa y m e n t o n r e f u n d e d b o n d s c a l l e d - - ( 1 8 , 4 5 5 , 0 0 0 ) - - - - (18,455,000) To t a l o t h e r f i n a n c i n g s o u r c e s ( u s e s ) (3 6 2 , 3 4 5 ) (1 1 5 , 4 2 9 ) (1 6 , 8 4 5 , 2 7 1 ) 9, 6 3 5 , 4 0 6 (5 4 7 , 4 5 4 ) (5 3 9 , 8 6 9 ) (5 3 , 0 5 7 ) (8,828,019) Ne t c h a n g e i n f u n d b a l a n c e a n d n e t a s s e t s ( 1 , 4 7 8 , 5 2 2 ) (1 2 , 9 2 6 ) ( 1 8 , 8 7 2 , 3 4 2 ) (3 , 8 7 8 , 9 3 5 ) 29 0 , 0 6 8 (2 , 5 6 0 , 6 5 6 ) (1 8 0 , 2 3 9 ) (26,693,552) Fu n d b a l a n c e a n d n e t a s s e t s , J a n u a r y 1 14 , 1 2 1 , 7 8 4 32 6 , 4 6 3 31 , 5 4 0 , 0 9 1 29 , 1 9 7 , 0 7 9 4, 0 1 6 , 9 0 5 11 0 , 3 7 4 , 2 4 1 67 1 , 7 8 2 190,248,345 Fu n d b a l a n c e a n d n e t a s s e t s , D e c e m b e r 3 1 12 , 6 4 3 , 2 6 2 $ 31 3 , 5 3 7 $ 12 , 6 6 7 , 7 4 9 $ 25 , 3 1 8 , 1 4 4 $ 4, 3 0 6 , 9 7 3 $ 10 7 , 8 1 3 , 5 8 5 $ 49 1 , 5 4 3 $ 163,554,793 $ En t e r p r i s e c a p i t a l o u t l a y a c q u i s i t i o n s - $ - $ - $ - $ 20 5 , 0 0 0 $ 84 0 , 1 8 9 $ - $ 1,045,189 $ En t e r p r i s e b o n d p r o c e e d s - $ - $ - $ - $ - $ 1 , 4 9 4 , 9 5 2 $ - $ 1,494,952 $ En t e r p r i s e d e b t p r i n c i p a l - $ - $ - $ - $ 19 0 , 0 0 0 $ - $ - $ 190,000 $ En t e r p r i s e Go v e r n m e n t a l F u n d s Pr o p r i e t a r y F u n d s CI T Y O F L A K E V I L L E , M I N N E S O T A Bu d g e t a r y S u m m a r y f o r A p p r o p r i a t e d F u n d T y p e s Co m b i n i n g S c h e d u l e o f R e v e n u e s , E x p e n d i t u r e s , a n d C h a n g e s i n F u n d B a l a n c e s a n d N e t A s s e t s Fo r t h e Y e a r E n d i n g D e c e m b e r 3 1 , 2 0 1 7 20 1 7 P r o p o s e d B u d g e t 26 General Fund 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. 27 CITY OF LAKEVILLE, MINNESOTA General Fund Fund Balance Discussion 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; 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. 2017 Adopted Budget Revenues and other financing sources 26,101,477$ Expenditures and other financing uses 27,579,999 Net increase/(decrease)(1,478,522) Fund balance, January 1 14,121,784 Fund balance, December 31 12,643,262$ Ratio: Fund balance to next year's expenditures 46.4% 28 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Revenues (Amount) (Percent) General property taxes 17,857,368$ 18,553,538$ 18,558,250$ 18,833,557$ 280,019 $ 1.5% Licenses and permits 2,655,873 1,905,528 2,714,492 2,202,952 297,424 15.6% Intergovernmental 978,596 998,216 996,652 1,021,685 23,469 2.4% Charges for services 3,388,546 3,199,629 3,421,571 2,666,697 (532,932) -16.7% Court fines 369,356 315,000 466,000 466,000 151,000 47.9% Investment income 55,883 40,376 40,000 90,071 49,695 123.1% Miscellaneous 67,495 57,806 38,145 37,860 (19,946) -34.5% Total revenues 25,373,117 25,070,093 26,235,110 25,318,822 248,729 1.0% Expenditures - General government Mayor and Council 95,965 99,866 98,983 101,090 1,224 1.2% Committees and Commissions 73,175 84,784 84,840 75,660 (9,124) -10.8% City administration 393,910 432,341 425,602 423,147 (9,194) -2.1% City Clerk 139,779 197,752 193,826 139,774 (57,978) -29.3% Legal counsel 68,990 78,178 55,340 57,000 (21,178) -27.1% Planning 427,404 466,731 465,616 564,262 97,531 20.9% Community and econ. development 288,720 303,857 304,927 358,272 54,415 17.9% Inspections 943,737 1,121,013 1,110,440 1,061,584 (59,429) -5.3% General government facilities 396,713 483,178 482,236 529,611 46,433 9.6% Finance 684,386 735,662 690,181 759,615 23,953 3.3% Information systems 537,181 602,583 601,749 620,742 18,159 3.0% Human resources 433,294 534,845 528,370 520,626 (14,219) -2.7% Insurance 322,100 182,180 182,180 182,180 - 0.0% Public safety Police 9,310,676 9,820,907 9,805,833 10,493,244 672,337 6.8% Fire 1,649,260 1,751,383 1,722,947 1,788,770 37,387 2.1% Public works Engineering 659,432 799,876 735,030 1,005,397 205,521 25.7% Operations and Maintenance 531,754 662,012 489,201 664,477 2,465 0.4% Streets 2,753,580 3,352,649 3,187,886 3,276,483 (76,166) -2.3% Parks and recreation Parks 2,362,566 2,462,056 2,319,631 2,541,925 79,869 3.2% Recreation 635,489 636,654 629,951 672,981 36,327 5.7% Heritage Center 85,516 110,777 85,399 95,822 (14,955) -13.5% Arts Center 474,266 499,614 499,599 502,337 2,723 0.5% Other - 119,771 - - (119,771) -100.0% Total expenditures 23,267,893 25,538,669 24,699,767 26,434,999 896,330 3.5% Excess (deficiency) of revenues over expenditures 2,105,224 (468,576) 1,535,343 (1,116,177) (647,601) 138.2% Other financing sources (uses) Transfer from other funds 809,935 806,513 806,513 782,655 (23,858) -3.0% Transfer to other funds (1,612,000) (595,000) (595,000) (1,145,000) (550,000) 92.4% Total other financing sources (uses) (802,065) 211,513 211,513 (362,345) (573,858) -271.3% Net change in fund balance 1,303,159 (257,063) 1,746,856 (1,478,522) (1,221,459) 475.2% Fund balance, January 1 11,071,769 12,374,928 12,374,928 14,121,784 1,746,856 14.1% Committed Fund Balance 45,000 - - - - 0% Fund balance, December 31 12,374,928$ 12,117,865$ 14,121,784$ 12,643,262$ 525,397 $ 4.3% Ratio: Fund balance to CY expenditures 53.2%47.4%57.2%47.8% Ratio: Fund balance to NY expenditures 50.1%45.8%53.4%46.4% CITY OF LAKEVILLE, MINNESOTA General Fund Schedule of Revenues, Expenditures and Changes in Fund Balances For the Year Ending December 31, 2017 Change from 2016 Amended Budget 29 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget General property taxes Ad valorem taxes - current 15,904,598$ 16,520,988$ 16,520,988$ 15,892,620$ (628,368)$ -3.8% Ad valorem taxes - delinquent 61,405 118,950 118,950 110,000 (8,950) -7.5% Market value homestead credit 3,476 - - - - 0% Fiscal disparities 1,824,735 1,846,419 1,846,419 2,760,956 914,537 49.5% Penalties and interest 10,240 16,156 16,156 16,156 - 0.0% Manufactured home tax 45,968 47,825 47,825 47,825 - 0.0% Gravel tax 6,946 3,200 7,912 6,000 2,800 87.5% Total general property taxes 17,857,368 18,553,538 18,558,250 18,833,557 280,019 1.5% - General Fund Schedule of Revenues and Other Financing Sources (Uses) Change from 2016 Amended Budget 30 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Licenses and permits Licenses Tobacco 10,500$ 9,600$ 10,800$ 10,800$ 1,200 $ 12.5% Trash removal 4,250 4,250 3,825 3,825 (425) -10.0% Dog 11,455 12,636 12,000 12,000 (636) -5.0% Signs 8,350 5,750 5,750 5,750 - 0.0% On-sale liquor 136,825 127,100 156,542 160,450 33,350 26.2% Sunday liquor 4,000 4,000 4,600 4,600 600 15.0% Non-intoxicating liquor on 1,400 1,200 1,050 1,200 - 0.0% Non-intoxicating liquor off 4,200 4,500 4,725 4,500 - 0.0% Wine 3,583 3,200 3,200 3,200 - 0.0% Fireworks 2,100 2,100 2,100 2,100 - 0.0% Massage 2,900 3,200 2,050 1,850 (1,350) -42.2% Miscellaneous 3,380 2,550 1,610 1,610 (940) -36.9% Total licenses 192,943 180,086 208,252 211,885 31,799 17.7% - Permits - Plan review fees 558,795 340,956 560,000 382,396 41,440 12.2% Building 1,337,343 996,045 1,415,000 1,206,950 210,905 21.2% Plumbing 124,430 68,728 122,000 89,179 20,451 29.8% Water/sewer 49,294 30,981 49,000 36,713 5,732 18.5% Mechanical 110,641 61,912 106,000 66,542 4,630 7.5% Grading/filling 975 450 1,275 450 - 0.0% Excavating/gravel 1,775 1,775 1,775 1,775 - 0.0% Driveway 1,500 700 2,550 700 - 0.0% Zoning 5,865 3,800 7,860 3,800 - 0.0% Right-of-way 61,373 41,420 41,420 35,000 (6,420) -15.5% Fire burning 1,260 1,250 875 1,250 - 0.0% Electrical 207,943 176,675 196,000 165,562 (11,113) -6.3% Miscellaneous 1,736 750 2,485 750 - 0.0% Total permits 2,462,930 1,725,442 2,506,240 1,991,067 265,625 15.4% Total licenses and permits 2,655,873 1,905,528 2,714,492 2,202,952 297,424 15.6% General Fund Schedule of Revenues and Other Financing Sources (Uses) Change from 2016 Amended Budget 31 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Intergovernmental State-aid police 388,811$ 420,200$ 459,300$ 459,200$ 39,000 $ 9.3% State-aid fire relief 342,889 314,365 342,276 340,899 26,534 8.4% State-aid pensions 21,303 21,303 21,303 21,303 - 0.0% State POST Board grant 15,659 18,810 16,751 18,810 - 0.0% State Drug Task Force grant 12,394 - 2,010 - 0% State Police protective vests grant 20,400 20,400 15,600 (4,800) -23.5% State fire training grant 23,854 4,500 6,520 4,500 - 0.0% State ski trail grant 462 - - (462) -100.0% State snowmobile trail maint. grant 200 200 200 200 - 0.0% Federal traffic safety project 24,505 12,000 12,000 12,000 - 0.0% Federal DUI enforcement grant 87,450 137,956 64,022 65,320 (72,636) -52.7% Auto Theft Grant 14,818 10,220 10,217 - (10,220) -100.0% Safe Routes to Schoole grant 4,902 - - - - 0% Art Center CDP Grant 41,761 37,800 37,800 35,000 (2,800) -7.4% CDBG - DT Development Guide - - - 45,000 45,000 0% Other grants 50 - 3,853 3,853 3,853 0% Total intergovernmental 978,596 998,216 996,652 1,021,685 23,469 2.4% General Fund Schedule of Revenues and Other Financing Sources (Uses) Budget Change from 2016 Amended 32 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Charges for services General government Rezoning fees 2,500$ 1,500$ 3,000$ 4,000$ 2,500 $ 166.7% Platting fees 13,900 10,000 10,000 12,800 2,800 28.0% Variance fees 2,300 1,500 1,900 1,500 - 0.0% PUD application fees 1,000 1,000 1,000 1,000 - 0.0% CUP fees 7,500 5,000 5,000 5,000 - 0.0% Home occupation fees 500 300 - - (300) -100.0% Planner fees 73,052 38,000 38,000 38,000 - 0.0% Reinspection fees - 1,650 3,500 2,500 850 51.5% Inspection department fees 25,409 17,599 21,375 24,400 6,801 38.6% General government service charge POP - 15,000 15,000 6,500 (8,500) -56.7% General government service charge 27,321 2,348 2,150 2,300 (48) -2.0% Tree escrow fund administration 893 500 500 500 - 0.0% Lodging tax fee 10,007 9,569 9,569 9,760 191 2.0% Fiscal Agent - Dakota Comm. Ctr.66,288 67,614 65,880 67,198 (416) -0.6% Fiscal Agent - Arenas 32,000 32,640 31,800 32,640 - 0.0% Investment management fees 28,200 28,200 29,000 29,000 800 2.8% Sale of maps/copies 21 250 20 20 (230) -92.0% Finance charges 1,196 600 600 600 - 0.0% Total general government 292,087 233,270 238,294 237,718 4,448 1.9% Public safety Police department charges 211,557 206,509 192,670 200,735 (5,774) -2.8% SRO - ISD 194 contributions 193,542 178,537 200,522 207,570 29,033 16.3% Animal pickup 2,635 3,444 3,100 3,100 (344) -10.0% Animal storage 5,140 5,928 5,230 5,230 (698) -11.8% Animal rabies 1,678 2,934 2,300 2,300 (634) -21.6% Restitution 1,248 1,400 1,400 1,400 - 0.0% Forfeiture - sale of assets 47,943 42,000 42,000 42,000 - 0.0% Fire contracts 37,190 38,160 38,160 39,150 990 2.6% Fire department charges 866 600 600 600 - 0.0% ALF Ambulance - admin. charge 4,800 4,785 4,860 4,932 147 3.1% Total public safety 506,599 484,297 490,842 507,017 22,720 4.7% General Fund Schedule of Revenues and Other Financing Sources (Uses) Change from 2016 Amended Budget 33 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Charges for services (continued) Public works Engineering platting - preliminary 21,834$ 22,850$ 34,200$ 24,000$ 1,150 $ 5.0% Engineering platting - final 9,142 6,580 10,100 4,560 (2,020) -30.7% Engineering plan review 4,419 2,660 1,155 1,200 (1,460) -54.9% Engineering developer insp. fees 56,175 3,000 - 15,000 12,000 400.0% Engineering developer cont. admin.698,916 343,189 424,122 325,000 (18,189) -5.3% Engineering Imp. Proj. design 185,867 195,540 144,850 101,827 (93,713) -47.9% Engineering Imp. Proj. const. inspect.422,135 596,484 641,561 342,925 (253,559) -42.5% Engineering Imp. Proj. administration 258,732 470,977 510,456 245,695 (225,282) -47.8% Engineering G.I.S. fees 62,700 28,500 51,225 30,500 2,000 7.0% Special assessment admin. charge 65,905 56,922 50,749 48,105 (8,817) -15.5% Special assessment searches 325 1,200 500 500 (700) -58.3% Document/map sales 42 100 - - (100) -100.0% Bid plan/spec. deposits 829 150 100 100 (50) -33.3% Street department charges 23,954 16,276 16,300 16,300 24 0.1% Credit River - Judicial Road maint.2,698 2,700 2,700 2,700 - 0.0% Developer street signs installation 78,380 21,230 30,000 30,000 8,770 41.3% Total public works 1,892,053 1,768,358 1,918,018 1,188,412 (579,946) -32.8% Parks, recreation and arts center Non-resident fees - 0% Brochure advertising 14,975 9,900 12,025 9,900 - 0.0% Youth activities 120,955 133,657 141,551 141,229 7,572 5.7% Youth sport surcharge 32,471 32,600 32,600 32,600 - 0.0% Youth special events 16,035 15,438 15,411 16,659 1,221 7.9% Youth special events donations 2,695 1,400 1,000 1,200 (200) -14.3% Adult activities 57,435 63,295 61,664 60,106 (3,189) -5.0% Puppet wagon donations 4,500 4,500 3,500 4,500 - 0.0% Safety Camp 2,962 2,560 2,560 2,318 (242) -9.5% Safety Camp donations 1,050 1,100 550 1,050 (50) -4.5% Senior Center donations 1,642 890 1,600 1,600 710 79.8% Senior Center program fees 20,316 19,100 21,050 21,050 1,950 10.2% Senior Center special events - - 20,224 16,000 16,000 0% Senior Center Brochure Ad Revenue 2,265 2,500 2,200 2,200 (300) -12.0% Senior Center excursions 8,069 21,000 11,000 11,000 (10,000) -47.6% Ritter Farm Park ELC 10,876 12,411 7,487 9,469 (2,942) -23.7% Excursions 9,205 7,200 8,286 5,900 (1,300) -18.1% Tennis lessons 15,419 13,500 15,419 15,419 1,919 14.2% Total recreation programs 320,870 341,051 358,127 352,200 11,149 3.3% Park rental/maint./tournament fees 38,498 32,250 32,250 32,250 - 0.0% Tree sales (net)3,404 3,100 3,100 3,100 - 0.0% Senior Center membership surcharge 19,650 21,000 21,000 21,000 - 0.0% Senior Center Punchcard 657 - - 0% Senior Citizen Club Fundraising 15,259 23,153 - - (23,153) -100.0% Senior/Heritage Center rentals 58,588 35,000 56,200 56,200 21,200 60.6% Total parks and recreation 456,926 455,554 470,677 464,750 9,196 2.0% Budget General Fund Schedule of Revenues and Other Financing Sources (Uses) Change from 2016 Amended 34 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Charges for services (continued) Parks, recreation and arts center (continued) Arts center program fees 86,570$ 89,150$ 89,940$ 92,000$ 2,850 $ 3.2% Arts center on-sale 5,528 - 12,000 12,000 12,000 0% Arts center rental/event admissions 148,783 169,000 201,800 164,800 (4,200) -2.5% Total arts center 240,881 258,150 303,740 268,800 10,650 4.1% Total parks, recreation and arts center 697,807 713,704 774,417 733,550 19,846 2.8% Total charges for services 3,388,546 3,199,629 3,421,571 2,666,697 (532,932) -16.7% Court fines 369,356 315,000 466,000 466,000 151,000 47.9% Total court fines 369,356 315,000 466,000 466,000 151,000 47.9% Investment income 55,883 40,376 40,000 90,071 49,695 123.1% Miscellaneous Disposal of assets 14,180 7,540 7,540 6,440 (1,100) -14.6% Donations 19,203 19,661 - - (19,661) -100.0% Antenna site leases 31,716 30,605 30,605 31,420 815 2.7% Other 2,396 - - - - 0% Total miscellaneous 67,495 57,806 38,145 37,860 (19,946) -34.5% Other financing sources (uses) - Transfers Special Revenue From Communications Fund 152,933 134,978 134,978 75,429 (59,549) -44.1% Capital Projects To Improvement Construction Fund (500,000) - - - - 0% To Building Fund - - - (200,000) (200,000) 0% To Equipment Fund (877,000) (550,000) (550,000) (945,000) (395,000) 71.8% To Park Improvement Fund (235,000) - - - 0% To Environmental Resources EAB - (45,000) (45,000) - 45,000 -100.0% Enterprise - - From Liquor Fund 165,173 172,970 172,970 198,819 25,849 14.9% From Utility Fund 441,817 447,053 447,053 455,350 8,297 1.9% Internal Service From Municipal Reserve Fund 50,012 51,512 51,512 53,057 1,545 3.0% Total other financing (net)(802,065) 211,513 211,513 (362,345) (573,858) -271.3% Change from 2016 Amended Budget General Fund Schedule of Revenues and Other Financing Sources (Uses) 35 MAYOR AND COUNCIL Program Description: The Mayor and City Council are the legislative and governing body of the City of Lakeville. The Mayor and four City Council Members are elected at-large; the Mayor is elected to a two year term and each Council Member is elected to a four year term. Council Member elections are staggered so that two Council Members are elected every two years. The Mayor and Council Members represent the entire community and they are empowered by law to legislate City-wide policy. This includes the authority to pass and enforce ordinances, establish public and administrative policies, create advisory boards and commissions, and manage the City's financial operations including preparing a budget, auditing expenditures, and transacting other City business as required by law. The City Council also serves as the Housing and Redevelopment Authority (HRA) for the City. The City Council appoints a City Administrator who directs City staff on implementation of Council decisions and provides day- to-day City operations. Services: Represents the People of Lakeville. Exercises legislative authority through the enactment of ordinances, policies, and resolutions. Conducts the City’s intergovernmental affairs. The Council may make agreements for the joint exercise of powers through agreements with other units of government, appoint people to serve on intergovernmental bodies, conduct City business with State and Federal agencies, and participate in intergovernmental programs and the work of municipal associations such as the League of Minnesota Cities. Has the full authority over the City’s financial affairs, including but not limited to levying taxes, adopting a budget, disbursement of public monies, and issuance of debt. Formulates policies that will help the City prepare for the future and adjust to social and economic trends which require long-range planning regarding City facilities, needs and services. Directs the enforcement of City ordinances. Appoints members of the advisory boards. Provides leadership by promoting ideas and programs which serve the community. 36 MAYOR AND COUNCIL (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 48,549$ 49,139 $ 48,502 $ 49,151$ Commodities - 50 50 50 Other charges and services 47,416 50,677 50,431 51,889 Total 95,965$ 99,866 $ 98,983 $ 101,090$ Revenue sources Taxes and other public funds 95,965$ 99,866 $ 98,983 $ 101,090$ 37 COMMITTEES AND COMMISSIONS Program Description: • The City has a number of committees which provide recommendations to the City Council relating primarily to policy issues. Committees include Planning, Economic Development, Finance, Lakeville Area Arts Center, Parks Recreation and Natural Resources, Lakeville Yellow Ribbon, Cable TV Board and the Pan-O-Prog community celebration. Services: Advise City Council relative to policy issues. Staff support of the annual Pan-O-Prog community celebration. Budget Summary: 2016 2017 2015 Amended 2016 Adopted Function Actual Budget Estimate Budget Planning Commission 3,654$ 5,425$ 5,650$ 5,687$ Economic Development 785 944 1,043 1,053 Parks, Recreation and N.R.2,185 2,195 2,495 2,759 Finance Committee 599 1,048 630 630 Lakeville Area Arts Center 806 804 765 814 Pan-O-Prog 65,146 60,868 74,257 64,717 Total 73,175$ 71,284$ 84,840$ 75,660$ 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 59,171$ 64,592 $ 64,437 $ 61,412$ Commodities 2,372 1,530 1,530 1,530 Other charges and services 11,632 18,662 18,873 12,718 Total 73,175$ 84,784 $ 84,840 $ 75,660$ Revenue sources Charges for services - $ 15,000 $ 15,000 $ 6,500$ Taxes and other public funds 73,175 69,784 69,840 69,160 Total 73,175$ 84,784 $ 84,840 $ 75,660$ 38 CITY ADMINISTRATION Program Description: The City Administration Department, under the direction of the City Administrator, is charged with implementing policy and direction established by the City Council. It is the responsibility of the City Administrator to provide the overall direction for the City organization in accordance with policies established by the City Council. Other responsibilities are to ensure that City operations are conducted efficiently and effectively such that City Council and citizen concerns are addressed. The department also develops recommendations to the City Council regarding programs, operations and policies. In addition, the City Administrator presents, reviews and monitors the annual operating budget for the City. This leadership helps to ensure that the City of Lakeville operates within the boundaries of prudence and ethics as set forth in the Lakeville Policy Manual and City Code of Ordinances. Services: Provide complete and objective information and recommendations to the City Council. Oversee and support City departments as they provide the best possible services to the community at the lowest possible cost. Provide comprehensive vision and leadership for the City organization so that desires and needs of the community and City Council goals are achieved. Prepare and provide to the City Council a fiscally responsible budget to finance City operations in support of community desires and City Council goals. Attends and participates in discussions at all meetings of the City Council and other official bodies as directed by the Council. Handles personnel matters for the City in accordance with policy as established by the City Council. Negotiates or delegates the negotiation of terms and conditions of employee labor contracts for presentation to the City Council. Conducts annual evaluations and review of work performance for all department heads. Recommends from time to time the adoption of such measures as deemed necessary for the health, safety and welfare of the community or for the improvement of the administration. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget City Administrator 1.0 1.0 1.0 1.0 Assistant City Administrator 1.0 1.0 1.0 1.0 Senior Administrative Assistant/ Deputy Clerk 1.0 1.0 1.0 1.0 Total 3.0 3.0 3.0 3.0 39 CITY ADMINISTRATION (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 372,108$ 407,028 $ 401,087 $ 404,834$ Commodities 245 800 2,550 800 Other charges and services 17,568 17,513 17,513 17,513 Capital outlay 3,989 7,000 4,452 - Total 393,910$ 432,341 $ 425,602 $ 423,147$ Revenues and other financing Revenue sources Other financing sources 52,177$ 53,496 $ 53,496 $ 56,412$ Taxes and other public funds 341,733 378,845 372,106 366,735 Total 393,910$ 432,341 $ 425,602 $ 423,147$ 40 CITY CLERK Program Description: The City Clerk is a statutory office that is responsible for City records management, election administration, legal notification to the public, the issuance of licenses and permits, and the preparation and retention of the official minutes. The office is also the primary source of information for citizen questions and public records requests. The City Clerk is responsible for election administration including staffing and adherence to all election laws of the State of Minnesota and the Federal government. The duties and responsibilities of the City Clerk are described in Minnesota Statute 412.591. Services: Preparation of Council meeting agendas. Attend all Council meetings and record meeting minutes. Administration of ordinance codification. Administration of records management system in accordance with Minnesota Data Retention Act. Elections administration. Issuance and renewal of licenses. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget City Clerk 1.0 1.0 1.0 1.0 Total 1.0 1.0 1.0 1.0 41 CITY CLERK (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 106,963$ 111,240 $ 171,247 $ 110,468$ Commodities 90 2,282 1,500 200 Other charges and services 32,726 76,230 21,079 29,106 Capital outlay - 8,000 - - Total 139,779$ 197,752 $ 193,826 $ 139,774$ Revenues and other financing Revenue sources Taxes and other public funds 139,779$ 197,752 $ 193,826 $ 139,774$ Total 139,779$ 197,752 $ 193,826 $ 139,774$ 42 LEGAL COUNSEL Program Description: The City Attorney’s office has the statutory responsibility for the administration of all legal services for the City of Lakeville. The work involves serving as the legal advisor and providing legal services to the Council, the committees, commissions and boards of the City, and all City departments. The responsibilities of the office also include substantial involvement in City projects, liability issues, and contractual agreements. The City of Lakeville retains the services of Campbell Knutson, P.A., to handle the City’s legal affairs including questions of law, court actions and prosecutions. Funding for prosecution is provided for in the Police Department budget. Services: Acts as legal counsel at meetings of the City Council and Planning Commission. Drafts and revises local ordinances and resolutions. Researches and writes legal opinions and memoranda for elected officials and City departments. Represents the City, its boards and officers, in civil claims and litigation. Drafts and reviews development agreements. Negotiates and drafts City contracts, leases and indemnification agreements. Administration of all real estate activity. Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Other charges and services 68,990$ 78,178 $ 55,340 $ 57,000$ Revenue sources Taxes and other public funds 68,990$ 78,178 $ 55,340 $ 57,000$ 43 PLANNING Program Description: The Planning Department offers a variety of services to preserve and enhance the quality of life for those who live and work in the community. The department guides the physical development of Lakeville in a manner that promotes sustained and managed growth and protects the health, safety and general welfare of its residents. The department oversees all the short and long term land use, zoning and development activities as required by State Statute. The Planning Department provides technical support to the Planning Commission and City Council. Services: Administer comprehensive planning and development regulations and policies as adopted by the City of Lakeville and the laws of the State of Minnesota. Administer development review and process permits consistent with land use, subdivision and environmental regulations. Process applications in a timely, thorough and accurate manner. Coordinate development review with other City departments and outside agencies. Initiate dialogue in response to emerging community issues. Respond to public inquiries accurately and in a timely manner. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Planning Director 1.0 1.0 1.0 1.0 Associate Planners 2.0 2.0 2.0 2.0 Planning Assistant/Code Enforcement 0.0 0.0 0.0 0.8 Administrative Assistant 0.5 0.5 0.5 0.5 Total 3.5 3.5 3.5 4.3 44 PLANNING (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 389,260$ 405,466 $ 406,927 $ 505,012$ Commodities 1,491 3,230 3,378 3,329 Other charges and services 36,237 56,857 55,311 55,921 Capital outlay 416 1,178 - - Total 427,404$ 466,731 $ 465,616 $ 564,262$ Revenue sources Charges for services 100,773$ 57,550 $ 58,920 $ 62,320$ Taxes and other public funds 326,631 409,181 406,696 501,942 Total 427,404$ 466,731 $ 465,616 $ 564,262$ 45 COMMUNITY AND ECONOMIC DEVELOPMENT Program Description: The Community and Economic Development Department is responsible for services that promote business and development that supports the overall economic vitality of the community. Department services include business development, redevelopment, promotion and business retention; real estate sale and acquisitions, economic development strategic planning, and transportation improvement advocacy including transit facilities and service. Services: Coordinate with the Dakota County CDA to administer HUD funded Community Development Block Grant programs and other housing and redevelopment programs. Coordinate special projects, studies, and development projects related to economic development. Coordinate with State and local agencies to provide assistance to new and expanding businesses. Provide high-level City development strategies. Respond to inquiries and assist developers and businesses to navigate through the City’s development process. Serve as a liaison to the business community. Staff and coordinate the activities of the Economic Development Commission (EDC). Provide development updates, statistics, and demographics for the City Council, Economic Development Commission and City departments. Coordinate Manufacturers Week activities. Coordinate public information activities regarding local economic development issues. Staffing: Position (FTE) 2015 Actual 2015 Budget 2016 Estimate 2017 Budget Community and Econ. Dev. Director 1.0 1.0 1.0 1.0 Economic Development Specialist 0.9 1.0 1.0 1.0 Administrative Assistant 0.5 0.5 0.5 0.5 Total 2.4 2.5 2.5 2.5 46 COMMUNITY AND ECONOMIC DEVELOPMENT (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 267,623$ 271,277 $ 272,347 $ 284,506$ Commodities 190 250 830 250 Other charges and services 19,104 31,750 31,750 73,516 Capital outlay 1,803 580 - - Total 288,720$ 303,857 $ 304,927 $ 358,272$ Revenues and other financing Revenue sources Intergovernmental - $ - $ - $ 45,000$ Miscellaneous 735 - - - Other financing sources 20,000 20,000 20,000 15,000 Taxes and other public funds 267,985 283,857 284,927 298,272 Total 288,720$ 303,857 $ 304,927 $ 358,272$ 47 INSPECTIONS Program Description: The primary responsibility of the Inspections Department is for enforcement of the adopted building codes. The department is also responsible for code enforcement to preserve the livability and integrity of residential and commercial districts and prevent deterioration and blighted influences within the community. Services: Process applications, perform plan review and issue permits for residential and commercial projects. Assist design professionals, contractors and homeowners with interpretations on code related questions. Perform building related inspections. Issue Certificates of Occupancy for permits which meet or exceed permit requirements. Coordinate records, consolidate plans and archives. Provide information regarding code requirements. Conduct seminars for homeowners regarding new deck construction and basement remodeling projects. Respond to customer complaints concerning construction sites, code enforcement, refuse storage, and other zoning and housing maintenance. Respond to complaints of vacant homes and inspect home’s condition prior to occupancy. Perform code compliance inspections. Participate in the development and amendments to State and local code requirements both nationally and locally. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Building Official 1.0 1.0 1.0 1.0 Senior Administrative Assistant 1.0 1.0 1.0 1.0 Administrative Assistant 1.0 1.0 1.0 1.0 Sr. Plumbing/Mechanical Inspector 1.0 1.0 1.0 1.0 Sr. Building Inspector 1.6 2.0 2.0 2.0 Building Inspectors 2.0 2.0 2.0 2.0 Total 7.6 8.0 8.0 8.0 48 INSPECTIONS (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 735,608$ 822,601 $ 826,989 $ 830,402$ Commodities 11,427 10,834 10,206 12,627 Other charges and services 194,215 286,328 271,995 218,555 Capital outlay 2,487 1,250 1,250 - Total 943,737$ 1,121,013 $ 1,110,440 $ 1,061,584$ Revenue sources Licenses and permits 2,471,280$ 1,731,192 $ 2,511,990 $ 1,996,817$ Charges for services 25,409 19,249 24,875 26,900 Taxes and other public funds (1,552,952) (629,428) (1,426,425) (962,133) Total 943,737$ 1,121,013 $ 1,110,440 $ 1,061,584$ 49 GENERAL GOVERNMENT FACILITIES Program Description: The General Government Facilities Department is responsible for the maintenance and operating costs of City Hall, a storage facility and a radio communications building. This department is also responsible for the landscape maintenance and snowplowing of the Heritage Library. This department provides staffing for planning, implementing, coordinating and evaluating a comprehensive program of improvements including project management for the following buildings that are budgeted within their respective departments. Facility General Government Facilities Budget City Hall Storage Facility Radio Communications Building Other Budgets Police Station Fire Station #1 Fire Station #2 Fire Station #3 Fire Station #4 Central Maintenance Facility Heritage Center Arts Center Water Treatment Facility Liquor Store Kenrick Liquor Store Galaxie Liquor Store Heritage Location 20195 Holyoke Avenue 7773 214th Street 17900 Jacquard Avenue 9237 183rd Street 20190 Holyoke Avenue 16720 Dodd Boulevard 17490 Kenrick Avenue 9465 185th Street 7570 179th Street West 20110 Holyoke Avenue 20965 Holyoke Avenue 18400 Ipava Avenue 16179 Kenrick Avenue 16000 Galaxie Avenue 20164 Heritage Drive Square Footage 32,600 25,000 800 68,569 8,700 5,724 5,500 13,830 110,000 16,406 8,200 47,125 9,714 11,300 8,960 Services: Protect the investment the City and the Community have made in its facilities by developing and implementing long term facility maintenance programs to keep life cycle costs of the facilities as low as possible. Plan for and procure services, equipment, tools and supplies necessary for effective and efficient operations. Plan, organize, coordinate, assign, and monitor work of facilities maintenance and cleaning staff necessary to perform required job functions. Manage facilities maintenance and repair projects. Administer contracts and direct contractors for landscaping, HVAC, generator maintenance, snow removal, electrical, plumbing, food services, etc. Preventive maintenance programs. 50 GENERAL GOVERNMENT FACILITIES (continued) Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Facility Maintenance Supervisor 1.0 1.0 1.0 1.0 Facility Attendants 0.0 0.0 1.9 2.6 City Hall Receptionists 1.6 1.6 1.6 1.6 City Hall Administrative Assistant 0.4 0.4 0.4 0.4 Total 3.0 3.0 4.9 5.6 Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 205,164$ 288,830 $ 286,033 $ 332,817$ Commodities 15,975 22,728 23,262 22,907 Other charges and services 175,574 171,620 172,941 173,887 Total 396,713$ 483,178 $ 482,236 $ 529,611$ Revenues and other financing Revenue sources Miscellaneous 43,716$ 30,605 $ 30,605 $ 31,420$ Other financing sources 60,251 58,942 58,942 72,727 Taxes and other public funds 292,746 393,631 392,689 425,464 Total 396,713$ 483,178 $ 482,236 $ 529,611$ 51 FINANCE Program Description: The Finance Department is responsible for the overall financial management, accounting and reporting activity of the City. This department also provides financial controls and treasury management of other City departments to help ensure proper stewardship of public funds. The Finance Department coordinates the annual operating and capital budget process for all City operations. Services: Financial reporting. Coordinate and prepare the annual audit and Comprehensive Annual Financial Report (CAFR). Maintain high quality audit results and minimize audit costs. Preparation of required State, Federal and other government agency reports. Maintain general ledger and fixed capital asset systems and perform various accounting functions such as reconciliation of various accounts. Treasury management including investment of City funds, accounts payable function, debt management and reporting and manage bank agreements and transactions to minimize costs and maximize efficiency. Billing and collection for City services including but not limited to development related services, licenses, public safety activities and quarterly water, sanitary sewer, street light services and environmental resources. Manage utility billings to provide high quality customer service and timely deposit of collections. Fiscal agent for ALF Ambulance, Dakota Communications Center, and Lakeville Arenas. Services include preparation of Comprehensive Annual Financial Report, interim financial reports, accounts payable functions, treasury management, budgeting, and debt management. Budget administration including the Capital Improvement Plan. Supervision of City risk management program. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Finance Director 0.8 1.0 1.0 1.0 Assistant Finance Director 0.1 1.0 1.0 1.0 Senior Administrative Assistant 0.8 0.0 0.0 0.0 Senior Accountants 2.9 3.0 2.7 3.0 Accountant II 1.0 1.0 1.0 1.0 Accounts Payable Technician 1.0 1.0 1.0 1.0 Total 6.6 7.0 6.7 7.0 52 FINANCE (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 600,882$ 652,537 $ 607,737 $ 670,563$ Commodities 3,997 4,958 4,355 4,229 Other charges and services 75,341 78,167 76,741 84,823 Capital outlay 4,166 - 1,348 - Total 684,386$ 735,662 $ 690,181 $ 759,615$ Revenues and other financing Revenue sources Charges for services 127,684$ 129,054 $ 127,280 $ 129,438$ Other financing sources 50,012 51,512 51,512 53,057 Taxes and other public funds 506,690 555,096 511,389 577,120 Total 684,386$ 735,662 $ 690,181 $ 759,615$ 53 INFORMATION SYSTEMS Program Description: The Information Systems Department is responsible for providing and supporting the electronic information systems of other City departments. The services provided by the Department include network infrastructure support; desktop computer support; and planning, analysis and implementation of information systems technology. Services: Provide 24/7 access to the City’s website. Provide support for users of City information systems. Establish and maintain network systems to allow efficient flow of information. Coordinate future systems development. Maintain and support the City’s local area networks. Assist with the maintenance and development of the City’s wide area network. Perform maintenance and repair work on city-owned computing equipment. Perform installation, maintenance, and upgrades of city-owned computer software, and VoIP telephones. Provide training and software support to City personnel. Maintain and assist in development of the City’s World Wide Web and Intranet sites. Coordinate and monitor Internet access for City employees. Coordinate with City staff and LOGIS on the deployment and operation of applications. Provide desktop support to City staff. Provide maintenance and support for document imaging solution. Development and implementation of City data security plan and disaster recovery. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Information Systems (IS) Manager 1.0 1.0 0.9 1.0 IS Network Specialist 1.0 1.0 1.0 1.0 IS Technician 1.0 1.5 1.1 2.0 Total 3.0 3.5 3.0 4.0 54 INFORMATION SYSTEMS (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 319,691$ 382,259 $ 381,321 $ 391,170$ Commodities 3,819 5,196 5,293 6,276 Other charges and services 179,163 215,128 215,135 223,296 Capital outlay 34,508 - - - Total 537,181$ 602,583 $ 601,749 $ 620,742$ Revenues and other financing Revenue sources Other financing sources 95,247$ 98,386 $ 98,386 $ 125,539$ Taxes and other public funds 441,934 504,197 503,363 495,203 Total 537,181$ 602,583 $ 601,749 $ 620,742$ 55 HUMAN RESOURCES Program Description: The City Human Resources Department is responsible for development, recommendation and implementation of policies related to human resources issues. The Department provides guidance and assistance to City leadership and employees regarding recruitment, employee satisfaction and development. The Human Resources function strives to retain and support a workforce committed to high quality, efficient services and respectful working relationships. Services: Employee wage and benefit packages administration. Payroll administration. Workers compensation claims processing. Partner in recruitment and performance management with all departments. Personnel records management. Compensation and classifications system administration. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Human Resources Manager 1.0 1.0 1.0 1.0 Benefits Specialist 1.0 1.0 1.0 1.0 Payroll Technician 1.2 2.0 2.0 2.0 Total 3.2 4.0 4.0 4.0 56 HUMAN RESOURCES (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 323,058$ 423,789 $ 438,833 $ 389,063$ Commodities 2,390 1,340 1,340 1,340 Other charges and services 101,604 109,716 86,849 130,223 Capital outlay 6,242 - 1,348 - Total 433,294$ 534,845 $ 528,370 $ 520,626$ Revenues and other financing Revenue sources Other financing sources 100,792$ 105,975 $ 105,975 $ 129,481$ Taxes and other public funds 332,502 428,870 422,395 391,145 Total 433,294$ 534,845 $ 528,370 $ 520,626$ 57 INSURANCE Program Description: The Insurance Department is responsible for property and liability insurance, workers compensation, the Employee/Management Safety Committee, and related health and safety programs (OSHA, DOT, and EPA). The City uses the Internal Service Municipal Reserves Fund for accounting, reporting and allocation of related insurance costs. Under this model, operating departments within the various City funds receive a charge from the Municipal Reserves Fund, and all costs (premiums, claims, and related) are reflected in a single fund. This allows for better accounting and monitoring of the City’s risk management costs. Workers compensation costs are charged to the various City funds and allocated to their individual departments based on employee salaries. The Insurance Department represents the General Fund’s share of the risk management activities. Services: Manage potential risk and loss from unforeseen events. Tactics include aggressive case management, promoting safe behaviors, and ensuring safe environments. Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Other charges and services 322,100$ 182,180 $ 182,180 $ 182,180$ Revenue sources Taxes and other public funds 322,100$ 182,180 $ 182,180 $ 182,180$ 58 POLICE Program Description: The primary function of the Police Department is to safeguard and protect the lives, health and property of the Citizens of Lakeville. The Department includes a wide array of public safety functions including patrol, investigations, proactive drug enforcement, animal control, canine unit, police reservists, Chaplaincy, park ranger and Emergency Management Preparedness. Services: Patrol. Provide 9-1-1 uniformed patrol response 24 hours a day, 7 days a week including traffic safety and code enforcement, conflict resolution team, MAAG team and special operations team. Dispatching. City of Lakeville is a member of the Dakota Communications Center Joint Powers Organization which provides dispatching services for all police, fire and emergency management services in the County. Investigations. Adult and juvenile investigations of criminal activity. Includes crime scene investigation unit and one officer assigned to the South Metro Drug Task Force. Records management. The support staff is responsible for maintenance of police records in accordance with State and Federal data practice laws. Administration. Provide background and compliance checks for licensing and permitting functions including alcohol and tobacco server training. Public education programs include Child Safety Programs, Citizens Academy and crime prevention, safety camp participation, Police cable TV programming and Night to Unite program. Courts and prosecution. City attorney prosecutes those who endanger the lives and property of others. School Resource Liaisons. Two police officers are assigned to the senior high and middle schools during the school year. Emergency Management. Function includes civil defense siren system, Special Operations Team, participation in County-wide domestic preparedness committee and preparation for possible community emergencies. Animal Control. Function includes dog licensing and animal code enforcement. Community Service Officer (CSO). Provide assistance to sworn officers. Responsible for maintenance of facility and vehicles. During the summer, the department employs seasonal CSOs who maintain order at the Lake Marion boat launch and enforce park regulations. Police Reserves. The Police Reserves unit is comprised of non-sworn volunteers who assist the police officers with special events and community emergencies. 59 POLICE (continued) Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Sworn Officers Chief 1.0 1.0 1.0 1.0 Deputy Chief 1.0 1.0 1.0 1.0 Lieutenants 4.0 4.0 4.0 4.0 Sergeants 5.0 5.0 5.0 5.0 Investigators 6.0 6.0 6.0 6.0 Narcotics Task Force Officer 1.0 1.0 1.0 1.0 DUI Enforcement Grant 0.5 1.0 1.0 1.0 Patrol Officers 34.3 35.4 35.8 38.0 Total Sworn Officers 52.8 54.4 54.8 57.0 Business Manager 1.0 1.0 1.0 1.0 Evidence Technician 1.0 1.0 1.0 1.0 Community Service Officers 4.8 4.8 4.6 4.8 Records Analyst 1.0 1.0 1.0 1.0 Police Administrative Assistants 4.7 4.7 4.7 4.7 Total 65.3 66.9 67.1 69.5 60 POLICE (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Program Actual Budget Estimate Budget Police patrol 4,778,931$ 5,132,949$ 5,153,181$ 5,587,849$ Investigations 1,145,758 1,160,329 1,208,740 1,224,201 Dispatching 910,224 934,819 934,819 1,014,160 Administration 365,499 351,242 374,215 387,674 Records management 587,181 629,706 627,544 655,128 Vehicle and equipment maint.228,148 231,933 213,591 243,949 Courts and prosecution 220,471 229,361 229,361 229,361 K-9 unit 261,966 276,079 240,816 269,733 Facility maintenance 193,650 199,131 190,717 211,682 Community Service Officers 231,648 254,499 241,627 252,672 School Resource Officers 198,102 198,072 202,967 209,494 DUI Grant Officer 113,321 151,191 122,094 126,789 Animal control 12,483 19,100 14,000 14,000 Police reserves 25,201 17,244 17,441 31,781 Crime prevention 3,026 3,995 3,995 4,008 Other 26,067 31,257 30,725 30,763 Total 9,301,676$ 9,820,907$ 9,805,833$ 10,493,244$ 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 7,249,042$ 7,712,219 $ 7,710,620 $ 8,220,190$ Commodities 356,368 347,779 323,780 411,866 Other charges and services 1,637,401 1,740,358 1,746,914 1,861,188 Capital outlay 67,865 20,551 24,519 - Total 9,310,676$ 9,820,907 $ 9,805,833 $ 10,493,244$ Revenues and other financing Revenue sources Licenses 182,493$ 172,236 $ 200,402 $ 204,035$ Intergovernmental 548,539 619,586 588,553 574,783 Charges for services 463,743 440,752 447,222 462,335 Court fines 369,356 315,000 466,000 466,000 Miscellaneous 8,864 19,661 - - Other financing sources 66,022 68,482 68,482 - Taxes and other public funds 7,671,659 8,185,190 8,035,174 8,786,091 Total 9,310,676$ 9,820,907 $ 9,805,833 $ 10,493,244$ 61 FIRE Program Description: The City of Lakeville Fire Department is organized and designed to provide responsive, efficient and effective life and property protection. The department is staffed by paid-on-call firefighters and part-time duty crews (effective 2015). The Department is responsible for fire emergency response, disaster preparedness, fire code compliance/enforcement, fire investigations, fire prevention and education. The City also maintains mutual aid agreements with neighboring communities which provide Lakeville with additional personnel and equipment capabilities to fight major fires and meet the demands of a large scale emergency. Services: Emergency Response • Fire suppression. • Emergency Medical Response (EMS). • Vehicle extrication – rescue. • Ice and water rescue. • Domestic security and emergency management. • Hazardous condition and disaster mitigation. Prevention • Plan review. • Alarm and suppression system acceptance testing. • Occupancy inspections. • Fire prevention inspections. Fire Investigation • Fire cause determination. Education • Firefighters’ initial and continued education and certification. • Safety Camp. • Night to Unite. • Fire prevention visits to schools. • “On Call” cable TV program. • Station tours. • Public and employee fire extinguisher training. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Fire Chief 1.0 1.0 1.0 1.0 Assistant Fire Chief 0.7 1.0 0.9 1.0 Fire Marshal 1.0 1.0 1.0 1.0 Fire Inspector 1.0 1.0 1.0 1.0 Senior Administrative Assistant 1.0 1.0 1.0 1.0 Administrative Assistant 0.6 0.6 0.6 0.6 Total 5.3 5.6 5.5 5.6 62 FIRE (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 1,231,805$ 1,324,358 $ 1,308,241 $ 1,348,421$ Commodities 145,298 139,128 137,956 153,922 Other charges and services 272,157 287,897 276,750 286,427 Total 1,649,260$ 1,751,383 $ 1,722,947 $ 1,788,770$ Revenue sources Licenses 2,100$ 2,100 $ 2,100 $ 2,100$ Intergovernmental 366,743 318,865 348,796 345,399 Charges for services 42,856 43,545 43,620 44,682 Taxes and other public funds 1,237,561 1,386,873 1,328,431 1,396,589 Total 1,649,260$ 1,751,383 $ 1,722,947 $ 1,788,770$ 63 ENGINEERING Program Description: The Engineering Department is responsible for planning, designing, surveying, inspecting, and constructing new public infrastructure including streets, wastewater collection system, water supply, storage and distribution system, storm water management system, bike and pedestrian trails, street signs, street lighting, and traffic signals. The Department also includes the Geographic Information System (GIS) function which is responsible for the management of data relating to parcels, parcel boundaries, utilities, streets, and other infrastructure. Services: Public infrastructure. Provide design services; project oversight and management for streets, sanitary sewers, drainage and water projects to include wetland mitigation plans. Provide management of the public assessments and other property data. Prepare feasibility studies for new public projects that are assessed. New development. Review proposed, preliminary and final plats related to new residential, commercial and industrial development construction projects. Process ensures that plans are in conformance with Comprehensive Plans, ordinances and City of Lakeville Standard Specifications. Comprehensive Plans. Prepare and provide technical oversight and review of the Comprehensive Plans for Surface Water Management, Sanitary Sewer, Water Distribution System, and Transportation. Customer service. Assist residents and provides technical assistance for drainage problems, grading issues, erosion control and drain tile. Includes review of residential, commercial, industrial and institutional surveys and construction plans (Site, Grading, Erosion Control, Street and Utility). Includes inspection for general compliance to the approved survey and subdivision plans. Respond to resident inquiries regarding drainage alteration and flood zones. Manages the public rights of way for all City streets. Records Management. The department maintains the official City base maps, as-builts, plans, records and property data relating to special assessments. Geographic Information System (GIS). Develop and maintain the City’s GIS database. Coordinate the maintenance, development, and application of GIS system. Manage the comprehensive inventory of City utilities. Manage the information conduit between Dakota County GIS and the City. 64 ENGINEERING (continued) Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Engineering City Engineer 1.0 1.0 1.0 1.0 Project Engineer 1.6 2.0 2.0 2.0 Civil Engineer 0.4 - 0.7 1.0 Graduate Engineer 0.4 1.0 - - Administrative Assistant 1.0 1.0 0.8 1.0 GIS GIS Supervisor 1.0 1.0 1.0 1.0 GIS Technician 1.0 1.0 1.0 1.0 Total 6.4 7.0 6.5 7.0 Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 581,091$ 657,449 $ 659,940 $ 704,482$ Commodities 5,360 8,924 8,163 8,766 Other charges and services 53,060 122,171 55,785 292,149 Capital outlay 19,921 11,332 11,142 - Total 659,432$ 799,876 $ 735,030 $ 1,005,397$ Revenues and other financing Revenue sources Charges for services 920,287$ 465,151 $ 572,151 $ 448,965$ Other financing sources 100,244 100,927 100,927 138,340 Taxes and other public funds (361,099) 233,798 61,952 418,092 Total 659,432$ 799,876 $ 735,030 $ 1,005,397$ 65 OPERATIONS AND MAINTENANCE Program Description: The Operations and Maintenance Department oversees the Utilities and Streets Departments, and is responsible for the rehabilitation and maintenance of the City’s infrastructure systems including: pavement management, water main, sanitary sewer and storm sewer systems. Services: Pavement Management. Complete annual pavement ratings and analysis of the City’s street system. The results of these ratings will be used to determine the City’s Overall Condition Index (OCI), which serves as a tool for prioritizing and programming the City’s Street Reconstruction Projects. Street Reconstruction Program. Manage consultant(s) working to design the City’s annual Street Reconstruction Projects. Prepare materials associated with the 429 Special Assessment Process and for inspection duties during the construction of the projects. Collector Roadway Financing. Provide annual updates to the City’s Collector Roadway Financing budget based on current funding priorities and updated construction cost estimates for use with future budgetary planning. Collector Roadway Rehabilitation Projects. Survey, design, administer the contract and perform inspection duties for collector roadway rehabilitation projects. This includes compliance with all State Statute 429 requirements associated with specially assessing benefiting properties within the project areas, such as: preparation of the feasibility report, public hearing materials and notices, special assessment rolls and assessment hearing materials. Public infrastructure. Provide design services; project oversight and management for other pavement management and utility rehabilitation projects, such as: The City’s annual Miscellaneous Roadway Repair Project, trail reconstruction projects and City parking lot improvement projects. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Operations and Maintenance (O&M) Engineer 1.0 1.0 0.8 1.0 O & M Construction Coordinator - - 0.9 0.8 O & M Engineer Coordinator - - 1.0 1.0 Senior Construction Representative 2.9 4.0 1.0 1.8 Total 3.9 5.0 3.7 4.6 66 OPERATIONS AND MAINTENANCE (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 445,936$ 603,715 $ 466,086 $ 614,951$ Commodities 5,761 7,283 6,317 7,723 Other charges and services 13,509 15,141 13,787 14,318 Capital outlay 66,548 35,873 3,011 27,485 Total 531,754$ 662,012 $ 489,201 $ 664,477$ Revenues and other financing Revenue sources Charges for services 866,734$ 1,263,001 $ 1,296,867 $ 690,447$ Taxes and other public funds (334,980) (600,989) (807,666) (25,970) Total 531,754$ 662,012 $ 489,201 $ 664,477$ 67 STREETS Program Description: The Streets Department is responsible for the safe and reliable maintenance of the City’s infrastructure systems including pavement management, snow and ice removal, traffic control and signage, street lights, and storm sewer systems as well as the support systems such as fleet and facilities management. Services: Snow removal and ice control. Plow snow and apply deicing chemicals to City streets during snow and ice events to maintain a safe driving surface. Fleet management. Perform routine maintenance and repairs for the entire city fleet of vehicles and mobile equipment. Street signs and striping. Inventory, manage, and install regulatory and informational street signs as well as traffic control striping of roadways and crosswalks. Pavement Management. Manage contractors in the crack sealing of 260 centerline miles of streets within Lakeville’s pavement management districts. This includes milling, thin overlays, patching, and other repairs to streets and sidewalks. Boulevard trees and mowing. Maintain 3,700 boulevard trees to include trimming, removal, and replacement as needed. Mow 87 miles of boulevards and City-owned parcels twice annually. Storm sewer maintenance. Assist with inspection of 20 percent of the City’s storm sewer outfalls each year to control water pollution by locating and correcting point sources that discharge pollutants. Gravel road maintenance. Regular grading and shaping of road surfaces and the application of chemicals to reduce dust and stabilize the roadway. Streetlights. Inspect streetlights throughout the City and manage the repair or replacement of damaged or inoperative lights. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Streets Superintendent 1.0 1.0 1.0 1.0 Streets Supervisor 1.0 1.0 1.0 1.0 Streets Lead Maintenance 1.0 1.0 1.0 1.0 Streets Maintenance II 10.4 11.3 11.7 12.0 Fleet Supervisor 1.0 1.0 1.0 1.0 Fleet Service Technician Lead 1.0 1.0 1.0 1.0 Fleet Service Technicians 4.0 4.0 4.0 4.0 Administrative Assistant 1.0 1.0 1.0 1.0 Total 20.4 21.3 21.7 22.0 68 STREETS (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Program Actual Budget Estimate Budget Administration 482,951$ 505,607$ 497,394$ 520,033$ Snow removal and ice control 643,126 967,154 984,782 905,968 Fleet management 557,409 794,904 659,920 685,762 Signs and striping 302,215 285,180 274,114 318,792 Pavement management 186,960 208,614 185,471 212,726 Central Maintenance Facility 110,100 115,593 108,634 105,237 Boulevard trees and mowing 140,314 110,325 139,805 148,217 Storm sewer systems 106,306 116,505 102,820 109,051 Street sweeping 114,142 100,795 108,215 119,312 Gravel roads and dust control 79,315 89,529 86,396 102,981 Traffic signal systems 11,873 17,629 17,304 17,870 Sidewalks, curbs and gutters 5,131 7,493 4,755 5,051 Other 13,738 33,321 18,276 25,483 Total 2,753,580$ 3,352,649$ 3,187,886$ 3,276,483$ 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 1,726,034$ 1,954,340 $ 1,914,796 $ 2,011,988$ Commodities 733,378 1,037,288 970,176 912,051 Other charges and services 294,168 361,021 302,914 352,444 Capital outlay - - - - Total 2,753,580$ 3,352,649 $ 3,187,886 $ 3,276,483$ Revenues and other financing Revenue sources Charges for services 105,032$ 40,206 $ 49,000 $ 49,000$ Other financing sources 107,418 108,778 108,778 112,774 Taxes and other public funds 2,541,130 3,203,665 3,030,108 3,114,709 Total 2,753,580$ 3,352,649 $ 3,187,886 $ 3,276,483$ 69 PARKS Program Description: The City of Lakeville provides a comprehensive community-wide array of park facilities and open spaces. The Parks Department is committed to the effective and responsible management of parks, open space, facilities and resources to satisfy the needs of the community. Services: Parks administration is responsible for planning, management and supervision of various program functions including park maintenance, recreation, the Lakeville Area Arts Center, and the Lakeville Active Adults. Planning, administering and managing resources for park maintenance, improvements and development. Provide routine maintenance of all athletic fields and facilities including Central Maintenance Facility, Heritage Center, Arts Center and the Ritter Farm Park Environmental Learning Center. Provide routine maintenance to all neighborhood parks and associated support facilities. Manage and maintain six hockey and pleasure skating areas. Collaborate with and assist various community groups and civic organizations as well as three school districts to plan, organize, promote and enhance other activities and opportunities within the City of Lakeville. Oversee the organization and implementation of community-centered special events such as Household Hazardous Waste Drop-Off Day, Annual Tree Sale, Family Fun Fest, Taste of Lakeville, Fourth of July Celebration, Pan-O-Prog, Lakeville Art Festival, and numerous youth athletic tournaments. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Administration Parks and Recreation Director 0.8 1.0 1.0 1.0 Senior Administrative Assistant 1.0 1.0 1.0 1.0 Parks Maintenance Operations and Maintenance Manager 1.0 1.0 - - Parks Superintendent - - 0.5 1.0 Parks Supervisor 1.0 1.0 0.6 1.0 Parks Lead Maintenance 1.0 1.0 1.0 1.0 Parks Maintenance II 9.0 9.0 9.0 9.8 Administrative Assistant 1.0 1.0 1.0 1.0 Total 14.8 15.0 14.1 15.8 70 PARKS (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Program Actual Budget Estimate Budget Park maintenance 1,437,854$ 1,458,166$ 1,435,569$ 1,585,119$ Administration 375,179 397,851 362,352 387,467 Park equipment maintenance 317,501 331,007 279,175 299,392 Hockey and skating rinks 104,239 134,558 113,971 143,587 Central maintenance facility 87,797 96,617 86,317 81,578 Trail lighting 39,996 43,857 42,247 44,782 Total 2,362,566$ 2,462,056$ 2,319,631$ 2,541,925$ 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 1,611,926$ 1,675,556 $ 1,580,203 $ 1,785,414$ Commodities 280,096 277,377 243,642 277,283 Other charges and services 470,544 504,748 492,696 475,478 Capital outlay - 4,375 3,090 3,750 Total 2,362,566$ 2,462,056 $ 2,319,631 $ 2,541,925$ Revenues and other financing Revenue sources Intergovernmental 200$ 662 $ 200 $ 200$ Charges for services 41,902 35,350 35,350 35,350 Miscellaneous - - - - Other financing sources - - - - Taxes and other public funds 2,320,464 2,426,044 2,284,081 2,506,375 Total 2,362,566$ 2,462,056 $ 2,319,631 $ 2,541,925$ 71 RECREATION Program Description: The Recreation Department is responsible for providing year round recreational programs and activities for all age groups. The department also collaborates with and assists numerous Lakeville groups, organizations, clubs and school districts to provide recreation services throughout the community. Services: Senior Citizens. The city maintains a facility to serve the senior population. Recreation and social programs are provided year round through the facility. Youth activities. A variety of programs are provided including summer camps, firearms safety, golf, Kamp Kermit, Learn to Skate, Sports Unlimited, and Youth Enrichment. Adult activity. Leagues are organized through the Recreation Department that include basketball, softball, volleyball, broomball, dodgeball, as well as the Ground Pounders Running Series and golf lessons. Youth special events. Programs include Arbor Day, Egg Hunts, Fishing Contests, Haunted Forest, Once Upon a Star, Pan- O-Prog programs, Santa Calls, Holiday Lights, and Santa’s Secret Store. Tennis lessons and camps with the support of United States Tennis Association (USTA). Excursions. A diverse program of day trips is offered to various locations throughout the metropolitan area. Ritter Farm Park ELC. The Environmental Learning Center is located in one of the metropolitan area’s most pristine nature areas. Nature programs provide participants with educational opportunities in a natural environment. Puppet Wagon. The Lakeville Lions sponsor a mobile puppet show that travels to various community parks during the summer season. Safety Camp. A program that is offered exclusively to 3rd and 4th graders, with the support of Lakeville Police and Fire, Dakota Electric and the National Guard. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2016 Budget Recreation Supervisor 1.0 1.0 1.0 1.0 Recreation Program Supervisor 0.9 1.0 - - Recreation Administrative Assistant 1.0 1.0 1.0 1.0 Recreation Program Coordinator 1.0 1.0 1.5 2.0 Heritage Center Administrative Assistant 0.7 0.7 1.2 1.4 Total 4.6 4.7 4.2 5.4 72 RECREATION (continued) Budget Summary: 2006 2017 2015 Amended 2016 Adopted Program Actual Budget Estimate Budget Recreation administration 290,405 $ 248,774 $ 230,525 $ 259,197 $ Active Adults 173,630 195,658 207,916 221,816 Youth activities 93,199 108,900 114,628 114,828 Adult activities 30,412 36,874 35,637 35,180 Youth special events 12,869 11,100 11,734 12,508 Ritter Farm Park ELC 6,797 12,514 6,197 6,424 Excursions 9,974 5,456 4,500 4,500 Tennis lessons 11,561 10,125 11,561 11,561 Puppet wagon 5,035 4,271 4,271 4,710 Safety camp 1,607 2,982 2,982 2,257 Total 635,489 $ 636,654 $ 629,951 $ 672,981 $ 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 369,549$ 364,098 $ 345,512 $ 393,149$ Commodities 22,389 27,572 32,644 35,483 Other charges and services 226,928 244,206 242,037 244,349 Capital outlay 16,623 778 9,758 - Total 635,489$ 636,654 $ 629,951 $ 672,981$ Revenue sources Charges for services 341,177$ 362,051 $ 379,127 $ 373,200$ Taxes and other public funds 294,312 274,603 250,824 299,781 Total 635,489$ 636,654 $ 629,951 $ 672,981$ 73 HERITAGE CENTER Program Description: The Heritage Center is a facility that is the home for the Lakeville Area Historical Society, Yellow Ribbon and the Lakeville Active Adults. The Heritage Center program accounts for all costs related to operating the facility including utilities, maintenance, repairs and operation of the facility. Services: Facilities for the educational, social, and recreational programs for senior citizens. Facilities for the Lakeville Active Adults. Facilities for the Lakeville Yellow Ribbon. Facilities for the Lakeville Area Historical Society. Facility rental opportunities for community, private or business events. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2016 Budget Facility Attendants (part-time) 0.9 0.9 0.9 0.9 Total 0.9 0.9 0.9 0.9 Budget Summary: 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 35,243$ 45,759 $ 34,170 $ 34,274$ Commodities 5,437 12,627 5,888 12,663 Other charges and services 44,836 52,391 45,341 48,885 Capital outlay - - - - Total 85,516$ 110,777 $ 85,399 $ 95,822$ Revenue sources Charges for services 73,847$ 58,153 $ 56,200 $ 56,200$ Taxes and other public funds 11,669 52,624 29,199 39,622 Total 85,516$ 110,777 $ 85,399 $ 95,822$ 74 ARTS CENTER Program Description: The Lakeville Area Arts Center is a community facility that provides entertainment, educational, and recreational programs involving the visual and performing arts. Services: The Arts Center offers a series of performing art classes involving a diverse variety of talent appealing to a wide range of audience members. Professional singers, instrumentalists, comedians, and actors are scheduled as part of the season series. “Expressions! Community Theater” is comprised of area performers that produce three comedy acts per year. Art camps provide educational visual arts sessions for the area youth. Painting classes are offered in acrylics, oils, and watercolors. The pottery program offers classes for adults, youth, and special programs during the school day for home schooled youth. Art classes are provided for a diverse spectrum of interests including silversmithing, glass lampworking, batik, seasonal ornaments, dolls, purses, and jewelry. The Arts Center facility is also available to host a variety of uses including family gatherings, educational training sessions or business presentations. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Arts Center Coordinator 1.0 1.0 1.0 1.0 Administrative Assistant 1.0 1.0 1.0 1.0 Facility Attendants (part-time) 1.5 1.5 1.5 1.5 Pottery Manager 0.2 0.2 0.2 0.2 Total 3.7 3.7 3.7 3.7 75 ARTS CENTER (continued) Budget Summary: 2016 2017 2015 Amended 2016 Adopted Program Actual Budget Estimate Budget Arts Center administration 193,087 $ 190,729 $ 182,681 $ 198,389 $ Arts Center facility 102,275 113,290 120,693 123,743 Performing arts events 72,263 52,780 50,943 44,450 Arts Center grant 41,761 37,800 37,800 35,000 Event and building rentals 2,852 40,450 39,353 33,500 Art camp 14,660 21,620 16,640 16,650 Pottery classes 26,931 20,715 28,990 28,200 Expressions! Community Theater 10,135 8,965 10,249 9,655 Painting classes 9,269 11,915 10,950 11,450 Art classes 1,033 1,350 1,300 1,300 Total 474,266 $ 499,614 $ 499,599 $ 502,337 $ 2016 2017 2015 Amended 2016 Adopted Actual Budget Estimate Budget Expenditures Personnel services 242,452$ 264,160 $ 257,164 $ 269,762$ Commodities 23,624 23,410 26,428 33,750 Other charges and services 199,352 210,864 210,552 189,925 Capital outlay 8,838 1,180 5,455 8,900 Total 474,266$ 499,614 $ 499,599 $ 502,337$ Revenue sources Intergovernmental 41,761$ 37,800 $ 37,800 $ 35,000$ Charges for services 240,881 258,150 303,740 268,800 Taxes and other public funds 191,624 203,664 158,059 198,537 Total 474,266$ 499,614 $ 499,599 $ 502,337$ 76 Special Revenue Funds Special Revenue Funds are used to account for the proceeds from specific revenue sources that are either legally restricted or committed by City Council to expenditures of specific purposes. Establishment of such funds also enables the City to more effectively manage its resources and minimize tax levies. Communications Fund This 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. Economic Development Fund 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. 77 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues Licenses 731,128 $ 755,946 $ 733,996 $ 737,427 $ Intergovernmental 3,814 516 516 516 Charges for services 2,500 2,500 2,500 2,500 Investment income 3,192 4,395 4,436 3,702 Miscellaneous 2,125 - 25,000 - Total revenues 742,759 763,357 766,448 744,145 Expenditures General government 444,680 553,164 569,777 534,063 Capital outlay 85,387 48,262 47,552 107,579 Total expenditures 530,067 601,426 617,329 641,642 Excess (deficiency) of revenues over expenditures 212,692 161,931 149,119 102,503 Other financing sources (uses) Transfer from other funds - - - - Transfer to other funds (647,933) (234,978) (234,978) (115,429) Net change in fund balance (435,241) (73,047) (85,859) (12,926) Fund balance, January 1 997,563 543,133 562,322 326,463 Fund balance, December 31 562,322 $ 470,086 $ 476,463 $ 313,537 $ CITY OF LAKEVILLE, MINNESOTA Budgetary Summary for All Special Revenue Funds Combined Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 78 Economic Communications Development Total Revenues Licenses 737,427$ - $ 737,427 $ Intergovernmental 516 - 516 Charges for services - 2,500 2,500 Investment income 3,497 205 3,702 Total revenues 741,440 2,705 744,145 Expenditures General government 521,563 12,500 534,063 Capital outlay 107,579 - 107,579 Total expenditures 629,142 12,500 641,642 Excess (deficiency) of revenues over expenditures 112,298 (9,795) 102,503 Other financing sources (uses) Transfer to other funds (115,429) - (115,429) Net change in fund balance (3,131) (9,795) (12,926) Fund balance, January 1 285,483 40,980 326,463 Fund balance, December 31 282,352$ 31,185 $ 313,537 $ 2017 Proposed Budget CITY OF LAKEVILLE, MINNESOTA Budgetary Summary for Special Revenue Funds Combining Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 79 COMMUNICATIONS FUND Fund Description: The Communications Fund 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. Services: Lakeville Government Television (LGTV) Channel 16. The Communications Department is responsible for creating government television programs for cable channel 16. The Department produces and directs broadcasts of live meetings as well as prepares for rebroadcast on cable channel 16. Other services include updating the electronic message board on cable channel 16 and working with other departments to create and produce special video projects such as the Comp Plan program, new police station program, etc. The department also monitors Cable Franchise issues and public comments as well as facilitating the Cable TV Board and monitoring MACTA legislative information. Lakeville Access Television Channel 12. The public access television cable channel 12 is managed by the Communications Department. Website. The City’s website is maintained by the Communications Department. The department also coordinates website content with the objectives of other departments. The department also maintains and promotes the employee intranet. Publications. The department prepares Messages, the City’s weekly newsletter. Special publications are produced such as the new resident guidebook, utility brochure, welcome packet flyers, project and events collateral materials, and advertisements. Marketing plans and focused communications are prepared for projects or programs such as Comprehensive Land Use Plan, water conservation, dog ordinance, etc. Press releases are a responsibility of the department as well as responding to public inquiries. Developing and promoting the style and image standards for communications pieces are also a primary activity. Social media. The department establishes and maintains City listservs for automatic e-mail delivery of City publications. Special event planning. The department is responsible for planning and coordination of special events such as groundbreakings and grand openings. 80 COMMUNICATIONS FUND (continued) Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Communications Manager 1.0 1.0 0.9 1.0 Communications Specialist 1.0 1.0 1.0 1.0 Video Production & Tech Specialists 2.0 2.0 2.0 2.0 Total 4.0 4.0 3.9 4.0 81 COMMUNICATIONS FUND (continued) Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Revenues Licenses - Franchise fee 731,128 $ 755,946 $ 733,996 $ 737,427 $ Intergovernmental 516 516 516 516 Investment income (charges) 2,812 4,182 4,182 3,497 Miscellaneous 2,125 - 25,000 - Total revenues 736,581 760,644 763,694 741,440 Expenditures - General government Personnel services 344,283 342,859 388,491 358,759 Commodities 2,583 2,583 6,790 6,260 Other charges and services 89,984 195,222 161,996 156,544 Capital outlay 85,387 48,262 47,552 107,579 Total expenditures 522,237 588,926 604,829 629,142 Excess (deficiency) of revenues over expenditures 214,344 171,718 158,865 112,298 Other financing (uses) - Transfers To General Fund (152,933) (134,978) (134,978) (75,429) To Equipment Fund (495,000) (100,000) (100,000) - To Building Fund - (150,000) (150,000) - To Improvement Constr Fund - - - (40,000) Total other financing (uses)(647,933) (384,978) (384,978) (115,429) Net change in fund balance (433,589) (213,260) (226,113) (3,131) Fund balance, January 1 945,185 500,456 511,596 285,483 Fund balance, December 31 511,596 $ 287,196 $ 285,483 $ 282,352 $ Fund Balance Restricted 3,254 15,575 21,963 50,680 Committed 508,342 271,621 263,520 231,672 Fund balance, December 31 511,596 $ 287,196 $ 285,483 $ 282,352 $ CITY OF LAKEVILLE, MINNESOTA Special Revenue - Communications Fund Schedule of Revenues, Expenditures and Changes in Fund Balances For the Year Ending December 31, 2017 82 ECONOMIC DEVELOPMENT FUND (continued) Fund Description: The Economic Development Fund was created to account for the State of Minnesota Department of Trade and Economic Development (DTED) Economic Recovery Grant and administrative fees for conduit debt. The funds are appropriated to economic development initiatives. Services: Promote economic development activities by providing financial incentives to business which are considering locating to or expanding in the City of Lakeville. Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Revenues Intergovernmental 3,298 $ - $ - $ - $ Charges for services 2,500 2,500 2,500 2,500 Investment income (charges)380 213 254 205 Total revenues 6,178 2,713 2,754 2,705 Expenditures - General Government Other charges and services 7,830 12,500 12,500 12,500 Net change in fund balance (1,652) (9,787) (9,746) (9,795) Fund balance, January 1 52,378 42,677 50,726 40,980 Fund balance, December 31 50,726 $ 32,890 $ 40,980 $ 31,185 $ CITY OF LAKEVILLE, MINNESOTA Special Revenue - Economic Development Fund Schedule of Revenues, Expenditures and Changes in Fund Balances For the Year Ending December 31, 2017 83 Debt Service Funds These funds account for the accumulation of resources for the payment of long-term debt principal and interest, but excluding debt issued for and serviced by an Enterprise Fund. General Obligation (G.O.) Fund Debt approved by voter referendum, certificates of indebtedness, capital improvement and street reconstruction bonds. Revenues are provided primarily from property taxes. G.O. Improvement Fund Debt issued to finance construction of public improvements. The special assessments levied against benefited property owners are pledged toward the repayment of the principal and interest on these bonds. Tax Increment Fund Debt issued to finance construction of public improvements in accordance with approved tax increment plans. Property tax increments received from designated tax increment financing districts are pledged to the payment of the bonds. State-aid Street Fund Debt issued to finance construction of State-aid street projects within the City. The primary revenue source is municipal street State-aid allotments from the State of Minnesota Department of Transportation. Water Revenue Fund Debt issued to finance the construction of wells, pump houses, towers, water main systems, and the City’s water treatment facility. Water connection fees are pledged toward the repayment of the principal and interest on these bonds. Arena Revenue Fund Debt issued for the construction of the Lakeville Ames Ice Arena first and second sheet of ice, spectator seating and locker rooms. Revenue sources include donations from net operating ice arena revenues and other sources pledged to the payment of the bonds. The Ice Arena Revenue Refunding Bonds, Series 2008 A is a general obligation backed by the full-faith and credit of the City. The Gross Revenue Recreation Facility Bonds of 1999 are not general obligations. 84 Debt Service Funds (Continued) HRA Revenue Fund The Lakeville Housing and Redevelopment Authority (HRA) issued the HRA Ice Arena Lease Revenue Bonds, Series 2006 for the Hasse single sheet ice arena facility. The HRA issued Lease Revenue Refunding Bonds, Series 2016, to refinance the Lease Revenue Bonds, Series 2006, resulting in approximately $1 million in interest savings. Debt service will be payable from property taxes and lease payments to be made to the City pursuant to the lease agreement between the HRA and Independent School District 194. These HRA bonds are not general obligations and, accordingly, are not backed by the full-faith and credit of the City. 85 DEBT SERVICE FUNDS Fund Description: Debt Service Funds are established to account for the accumulations 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. As of December 31, 2016, the City of Lakeville has approximately $130.25 million of governmental activities debt outstanding. The total of all debt, including Liquor revenue bonds and Utility revenue bonds is $139.54 million. Outstanding December 31, 2016 Governmental Activities General Obligation Bonds 50,705,000$ G.O. Improvement Bonds 47,470,000 Tax increment bonds 1,460,000 State-aid street revenue bonds 7,145,000 Water connection revenue bonds 8,280,000 Arena revenue bonds 490,000 HRA lease revenue bonds 14,700,000 Total governmental activity bonds 130,250,000 Business-type Activities Liquor revenue bonds 2,715,000 Water revenue bonds 6,075,000 Sewer revenue bonds 495,000 Total bonded indebtedness 139,535,000$ Depending on the purpose and financing source of repayment, the City will, in consultation with its financial advisor, select the repayment period and type of debt refinance which best meets its financial objectives. Interest costs have been reduced in recent years with the refinancing of eligible issues. The 2017-2021 Capital Improvement Plan is an important planning document utilized for debt management. The debt is repaid from a myriad of revenue sources including but not limited to special assessments, connection charges, liquor fund revenues, ice arena revenues, tax increments, State Aid street payments and property taxes. Approximately 53% of the debt is paid for from property taxes with the remaining 47% paid from non-tax sources. Revenues of $11.04 million are required to pay the debt obligations in 2017. 86 DEBT SERVICE FUNDS (continued) Taxes $5,809,864 Connection Charges $1,263,369 Liquor Revenues $346,360 Municipal State Aid $1,181,082 Tax Increment Financing $404,000 Other $632,873 Special Assessments $1,403,888 2017 Debt Service Revenue Sources The following is a summary of the principal and interest debt service payments for the coming years. The schedule shown below does not include any new debt, debt refinancing or advanced debt retirement which may or may not occur after December 31, 2016. Public Facility General G.O. Tax State-aid Water Arena Lease Year Obligation Improvement Increment Roads Revenue Revenue Obligations 2017 15,097,329$ 4,253,733$ 275,161$ 1,181,083$ 624,200$ 181,305$ 8,279,394$ 2018 3,715,816 4,698,057 276,161 1,175,933 612,075 183,090 583,550 2019 3,750,910 4,695,569 276,761 730,889 614,325 179,180 579,600 2020 3,755,121 4,556,250 271,908 725,344 610,700 - 578,650 2021 3,815,798 4,379,105 276,493 416,378 611,200 - 582,325 2022-2026 19,106,363 17,787,045 270,565 1,661,720 3,066,725 - 2,945,475 2027-2031 11,604,380 12,043,860 - 1,669,879 2,905,150 - 2,971,700 2032-2036 961,538 8,286,840 - 1,668,520 1,740,825 - 606,900 2037-2038 - 259,144 - - - - - Total 61,807,255$ 60,959,603$ 1,647,049$ 9,229,746$ 10,785,200$ 543,575$ 17,127,594$ Government Activity Bonds Principal and Interest Payments The City is in compliance with all bond covenants. 87 DEBT SERVICE FUNDS (continued) 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. The debt limit calculations are as follows: As of December 31, 2016 Included in debt limits G.O. Street Reconstruction Bonds 15,680,000$ G.O. Capital Improvement Bonds 35,025,000 HRA Ice Arena Lease Revenue Bonds 14,700,000 Total debt subject to debt limits 65,405,000 Excluded from debt limits G.O. Improvement Bonds 47,470,000 G.O. State-aid Street Bonds 7,145,000 G.O. Tax Increment Bonds 1,460,000 G.O. Water Revenue Bonds 8,280,000 Business-Type Revenue Bonds 9,285,000 Ice Arena debt 490,000 Total debt excluded from debt limits 74,130,000 Total bonded indebtedness 139,535,000$ Taxable Market Value (Lakeville, 2017) 6,320,294,525 Multiply by 3%3% Legal debt limit (3% of Taxable market value)189,608,836$ Less: G.O. Debt subject to limit (65,405,000) Legal debt margin 124,203,836$ 88 DEBT SERVICE FUNDS (continued) Credit Rating Aa1 Moody’s Investors Services has affirmed 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. In its most recent analysis, Moody’s Investor Service credit report stated the rating was “The Aa1 underlying rating reflects the city’s history of excellent financial management and strong reserve levels; wealthy tax base located just south of the Twin Cities Metropolitan Area, and an above average debt burden. The Aa3 lease revenue rating is notched twice off the city’s underlying rating due to the annual risk non-appropriation and the non-essential nature of the pledged asset. Refunding Debt In August 2014 the City issued $12.660 million of (cross-over) refunding debt to refinance the G.O. Street Reconstruction Bonds of 2005A and G.O. Capital Improvement Bonds series 2007D. The refinancing has resulted in a net present value savings of $1.290 million over the 17 year life of the debt. The refunding bonds, as well as the series 2005A and 2007D bonds, will remain as City obligations until the two refunded bonds are called and fully retired on or before February 1, 2017. In September, 2016, the Housing and Redevelopment Authority issued $7.115 million of advanced refunding debt to refinance the Lease Revenue Bonds of 2006. The refinancing has resulted in an approximate net value savings of $1 million over the 15-year life of the debt. The refunding bonds, as well as the series 2006 bonds, will remain as City Debt obligations until the refunded bonds are called and fully retired on or before February 1, 2017. 89 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues General property taxes 5,289,534$ 5,455,074$ 5,455,074$ 5,809,864$ Tax increment 404,082 349,000 404,000 404,000 Intergovernmental 907,391 1,075,739 1,075,364 1,242,331 Charges for services 403,132 403,132 403,132 382,176 Special assessments 1,303,619 1,017,213 1,088,999 1,403,888 Investment income 146,532 133,324 138,801 94,448 Donations 95,000 95,000 95,000 95,000 Miscellaneous - - 880 - Total revenues 8,549,290 8,528,482 8,661,250 9,431,707 Expenditures - debt service Principal maturities 7,385,000 5,935,000 5,935,000 7,200,000 Interest on debt 3,735,120 4,014,265 3,970,203 4,237,203 Fiscal charges 33,070 25,451 20,609 21,575 Total expenditures 11,153,190 9,974,716 9,925,812 11,458,778 Excess (deficiency) of revenues over expenditures (2,603,900) (1,446,234) (1,264,562) (2,027,071) Other financing sources (uses) Transfer from other funds 2,584,021 973,893 926,225 1,609,729 Transfer to other funds - (607,500) (607,500) - Issuance of debt 144,398 - 278,505 - Refunding bonds issued - - 6,758,102 - Payment on refunded bonds called (12,460,000) (1,950,000) (1,950,000) (18,455,000) Total other financing sources (uses)(9,731,581) (1,583,607) 5,405,332 (16,845,271) Net change in fund balance (12,335,481) (3,029,841) 4,140,770 (18,872,342) Fund balance, January 1 39,734,802 26,947,672 27,399,321 31,540,091 Fund balance, December 31 27,399,321$ 23,917,831$ 31,540,091$ 12,667,749$ CITY OF LAKEVILLE, MINNESOTA Budgetary Summary for All Debt Service Funds Combined Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 90 Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Revenues General property taxes 3,270,773$ 3,058,055$ 3,058,055$ 3,218,208$ Intergovernmental Federal Build America Bonds credit 65,990 63,837 63,837 61,249 Special assessments 124,969 74,148 50,027 15,857 Investment income (charges)98,725 99,901 96,732 48,127 Total revenues 3,560,457 3,295,941 3,268,651 3,343,441 Expenditures - debt service Principal maturities 2,365,000 2,210,000 2,210,000 2,195,000 Interest on debt 2,459,981 2,092,979 2,096,081 1,717,328 Fiscal charges 6,369 5,925 1,979 1,744 Total expenditures 4,831,350 4,308,904 4,308,060 3,914,072 Excess (deficiency) of revenues over expenditures (1,270,893) (1,012,963) (1,039,409) (570,631) Other financing sources (uses) Transfer from Enterprise - Liquor Fund 400,000 400,000 400,000 346,360 Payment on refunded bonds called (12,460,000) (1,950,000) (1,950,000) (11,185,000) Total other financing sources (uses) (12,060,000) (1,550,000) (1,550,000) (10,838,640) Net change in fund balance (13,330,893) (2,562,963) (2,589,409) (11,409,271) Fund balance, January 1 30,781,452 17,465,040 17,450,560 14,861,151 Fund balance, December 31 17,450,559$ 14,902,077$ 14,861,151$ 3,451,880$ CITY OF LAKEVILLE, MINNESOTA Debt Service - General Obligation Debt Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 91 Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Revenues General property taxes 1,704,751$ 2,082,513$ 2,082,513$ 2,298,106$ Special assessments 1,178,650 943,065 1,038,972$ 1,388,031 Investment income 23,264 24,929 30,652 34,050 Total revenues 2,906,665 3,050,507 3,152,137 3,720,187 Expenditures - debt service Principal maturities 1,590,000 2,340,000 2,340,000$ 2,715,000 Interest on debt 640,813 1,036,308 1,036,308 1,538,733 Fiscal charges 15,415 14,656 13,412 14,613 Total expenditures 2,246,228 3,390,964 3,389,720 4,268,346 Excess (deficiency) of revenues over expenditures 660,437 (340,457) (237,582) (548,159) Other financing sources (uses) Transfer from Capital Projects Storm Sewer Fund 101,000 - - - Water Fund - - - 114,000 Enterprise Funds Water Operating Fund 66,684 399,893 399,893 524,794 Issuance of debt 143,082 - 278,505 - Total other financing sources (uses)310,766 399,893 678,398 638,794 Net change in fund balance 971,203 59,436 440,816 90,635 Fund balance, January 1 4,303,472 4,874,300 5,274,675 5,715,491 Fund balance, December 31 5,274,675$ 4,933,736$ 5,715,491$ 5,806,126$ CITY OF LAKEVILLE, MINNESOTA Debt Service - General Obligation Improvement (Special Assessments) Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 92 Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Revenues General property taxes 63$ -$ -$ -$ Tax increment 404,082 349,000 404,000 404,000 Investment income 21,705 4,167 7,098 8,076 Total revenues 425,849 353,167 411,098 412,076 Expenditures - debt service Principal maturities 210,000 220,000 220,000 220,000 Interest on debt 72,561 63,961 63,961 55,161 Fiscal charges 5,298 1,115 1,115 1,115 Total expenditures 287,859 285,076 285,076 276,276 Excess (deficiency) of revenues over expenditures 137,990 68,091 126,022 135,800 Other financing sources (uses) Transfer to Capital Projects Improvement Construction - (607,500) (607,500) - Total other financing sources (uses)- (607,500) (607,500) - Net change in fund balance 137,990 (539,409) (481,478) 135,800 Fund balance, January 1 3,294,393 3,363,545 3,432,383 2,950,905 Fund balance, December 31 3,432,383$ 2,824,136$ 2,950,905$ 3,086,705$ CITY OF LAKEVILLE, MINNESOTA Debt Service - Tax Increment Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 93 Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Revenues Intergovernmental - State-aid 841,401 $ 1,011,902 $ 1,011,527 $ 1,181,082 $ Investment income 138 171 178 169 Total revenues 841,539 1,012,073 1,011,705 1,181,251 Expenditures - debt service Principal maturities 725,000 750,000 750,000 940,000 Interest on debt 116,401 261,527 261,527 241,082 Fiscal charges 1,509 1,350 1,350 1,350 Total expenditures 842,910 1,012,877 1,012,877 1,182,432 Excess (deficiency) of revenues over expenditures (1,371) (804) (1,172) (1,181) Other financing sources (uses) Issuance of debt 1,316 - - - Total other financing sources (uses)1,316 - - - Net change in fund balance (55) (804) (1,172) (1,181) Fund balance, January 1 23,717 22,920 23,662 22,490 Fund balance, December 31 23,662 $ 22,116 $ 22,490 $ 21,309 $ CITY OF LAKEVILLE, MINNESOTA Debt Service - State Aid Street Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 94 Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Revenues Miscellaneous -$ -$ 880$ -$ Expenditures - debt service Principal maturities 1,975,000 - - 340,000 Interest on debt 39,500 174,000 126,837 284,200 Fiscal charges 1,837 - 375 375 Total expenditures 2,016,337 174,000 127,212 624,575 Excess (deficiency) of revenues over expenditures (2,016,337) (174,000) (126,332) (624,575) Other financing sources (uses) Transfer from Capital Projects - Water Fund 2,016,337 174,000 126,332 624,575 Total other financing sources (uses) 2,016,337 174,000 126,332 624,575 Net change in fund balance - - - - Fund balance, January 1 - - - - Fund balance, December 31 -$ -$ -$ -$ CITY OF LAKEVILLE, MINNESOTA Debt Service - Water Revenue Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2016 95 Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Revenues Charges for services 88,626 $ 88,626 $ 88,626 $ 88,626 $ Investment income 792 422 426 416 Donations 95,000 95,000 95,000 95,000 Total revenues 184,418 184,048 184,052 184,042 Expenditures - debt service Principal maturities 275,000 145,000 145,000 155,000 Interest on debt 43,420 33,990 33,990 26,305 Fiscal charges 264 325 178 178 Total expenditures 318,684 179,315 179,168 181,483 Net changes in fund balances (134,266) 4,733 4,884 2,559 Fund balance, January 1 261,185 126,450 126,919 131,803 Fund balance, December 31 126,919 $ 131,183 $ 131,803 $ 134,362 $ CITY OF LAKEVILLE, MINNESOTA Debt Service - Arena Revenue Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2016 96 Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Revenues General property taxes 313,947 $ 314,506 $ 314,506$ 293,550$ Charges for services 314,506 314,506 314,506 293,550 Investment income 1,908 3,734 3,715 3,610 Total revenues 630,361 632,746 632,727 590,710 Expenditures - debt service Principal maturities 245,000 270,000 270,000 635,000 Interest on debt 362,444 351,500 351,500 374,394 Fiscal charges 2,378 2,080 2,200 2,200 Total expenditures 609,822 623,580 623,700 1,011,594 Excess (deficiency) of revenues over expenditures 20,539 9,166 9,027 (420,884) Other financing sources (uses) Payment on refunded bonds called - - - (7,270,000) Issuance of refunding debt - - 6,758,102 - Total other financing sources (uses)- - 6,758,102 (7,270,000) Net change in fund balance 20,539 9,166 6,767,129 (7,690,884) Fund balance, January 1 1,070,583 1,095,417 1,091,122 7,858,251 Fund balance, December 31 1,091,122 $ 1,104,583 $ 7,858,251$ 167,366$ CITY OF LAKEVILLE, MINNESOTA Debt Service - HRA Lease Revenue Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2016 97 CITY OF LAKEVILLE, MINNESOTA COMBINED SCHEDULE OF BONDED INDEBTEDNESS DECEMBER 31, 2016 Interest Issue Call Maturity Due in 2017 Rates %Date Date Date Outstanding Principal Interest Governmental Activities: General Obligation Bonds: Capital Improvement Refunding Bonds of 2012 B 2.00-4.00 Aug-15-12 Feb-01-22 Feb-01-30 12,260,000 530,000 383,450 Capital Improvement Bonds of 2007 D 4.625-5.00 Aug-01-07 Feb-01-17 Feb-01-32 11,700,000 11,700,000 285,431 Capital Improvement Refunding Bonds of 2014 B 1.75-5.00 Aug-20-14 Feb-01-24 Feb-01-32 11,065,000 - 443,863 Street Reconstruction Refunding Bonds of 2012 B 2.00-4.00 Aug-15-12 Feb-01-22 Feb-01-30 8,315,000 675,000 267,300 Street Reconstruction Bonds of 2005 A 3.85-4.20 Dec-01-05 Feb-01-16 Feb-01-26 - - - Street Reconstruction Refunding Bonds of 2014 B 1.75-5.00 Aug-20-14 Feb-01-24 Feb-01-32 1,595,000 130,000 65,663 Street Reconstruction Bonds of 2007 H 3.50-4.50 Dec-15-07 Feb-01-18 Feb-01-28 2,010,000 130,000 82,845 Street Reconstruction Bonds of 2009 A (Taxable) 1.55-5.95 Dec-30-09 Feb-01-20 Feb-01-30 3,760,000 215,000 188,778 Total General Obligation Bonds 50,705,000 13,380,000 1,717,330 G.O. Improvement Bonds: Improvement Refunding Bonds of 2007 B 3.875 Feb-01-07 n/a Feb-01-16 - - - Improvement Bonds of 2007 F 4.00-4.125 Aug-01-07 Feb-01-14 Feb-01-18 100,000 50,000 3,088 Improvement Bonds of 2008 A 2.70-3.75 Oct-01-08 n/a Feb-01-19 90,000 30,000 2,813 Improvement Refunding Bonds of 2009 B 2.00-3.00 Dec-30-09 n/a Feb-01-20 1,245,000 375,000 31,256 Improvement Bonds of 2011 A 0.50-3.50 Dec-01-11 Feb-01-21 Feb-01-32 1,465,000 190,000 32,328 Improvement Bonds of 2012 A 2.00-4.00 Aug-15-12 Feb-01-22 Feb-01-33 5,200,000 555,000 146,625 Improvement Bonds of 2013 A 2.00-4.00 Aug-15-13 Feb-01-23 Feb-01-34 4,030,000 360,000 103,850 Improvement Bonds of 2014 A 2.00-3.50 Aug-20-14 Feb-01-24 Feb-01-35 7,845,000 685,000 243,775 Improvement Bonds of 2015 A 1.75-5.00 Aug-20-15 Feb-01-25 Feb-01-36 11,815,000 470,000 435,063 Improvement Bonds of 2016 B 1.50-5.00 Jul-21-16 Feb-01-25 Feb-01-37 15,680,000 - 539,937 Total G.O. Improvement Bonds 47,470,000 2,715,000 1,538,735 Tax Increment Bonds: Tax Increment Refunding Bonds of 2007 A 4.00-4.20 Feb-01-07 Feb-01-16 Feb-01-22 1,460,000 220,000 55,161 Total Tax Increment Bonds 1,460,000 220,000 55,161 State-aid Street Revenue Bonds: State-aid Street Bonds of 2007 G 4.00 Dec-15-07 Apr-01-16 Apr-01-18 865,000 425,000 26,100 State-aid Street Refunding Bonds of 2010 A 2.00-4.00 Jan-01-10 n/a Apr-01-20 1,170,000 280,000 34,700 State-aid Street Refunding Bonds of 2011 B 0.50-2.15 Dec-01-11 n/a Apr-01-21 380,000 75,000 6,426 State-aid Street Bonds of 2015 A 1.75-5.00 Aug-20-15 Feb-01-25 Feb-01-36 4,730,000 160,000 173,856 Total State-aid Street Revenue Bonds 7,145,000 940,000 241,082 Water Connection Revenue Refunding Bonds of 2004 B 4.00 Nov-01-04 Feb-01-14 Feb-01-16 - - - G.O. Water Revenue Bonds of 2016A 2.0-5.0 Feb-25-16 Feb-01-24 Feb-01-34 8,280,000 340,000 284,200 Arena Revenue Bonds: Gross Revenue Recreation Facility Bonds of 1999 5.30-5.40 Apr-01-99 n/a Aug-01-19 490,000 155,000 26,305 Total Arena Revenue Bonds 490,000 155,000 26,305 HRA Lease Revenue Bonds: HRA Ice Arena Lease Revenue Bonds of 2006 4.25-4.625 Dec-01-06 Feb-01-17 Feb-01-32 7,585,000 7,585,000 172,881 HRA Ice Arena Lease Revenue Ref Bonds of 2016 2.00-4.00 Sep-22-16 Feb-01-27 Feb-01-32 7,115,000 320,000 201,513 Total HRA Lease Revenue Bonds 14,700,000 7,905,000 374,394 Total Governmental Activity Bonds 130,250,000 25,655,000 4,237,207 Business-type Activity; Liquor Revenue Bonds of 2007 5.00 May-01-07 Feb-01-17 Feb-01-27 2,715,000 190,000 131,000 Water Revenue Bonds of 2016 B 1.50-5.00 Jul-21-16 Feb-01-25 Feb-01-34 6,075,000 - 217,850 Sewer Revenue Bonds of 2016 B 1.50-5.00 Jul-21-16 Feb-01-25 Feb-01-25 495,000 - 21,275 Total Business-type Activity Bonds 9,285,000 190,000 370,125 Total Bonded Indebtedness 139,535,000$ 25,845,000$ 4,607,332$ 98 Capital Projects Funds The Capital Projects Funds account for financial resources appropriated to the replacement or construction of infrastructure, construction or improvements of capital facilities and the acquisition of equipment, except those financed by Enterprise Funds. Municipal State-aid Street Fund This fund accounts for an annual allotment from the State of Minnesota Municipal State- aid street construction account. Pavement Management Fund The Pavement Management Fund’s primary purpose is to account for pavement management activities relating to cracksealing, patching, and overlays. These major maintenance projects are financed with property taxes. Improvement Construction Fund This fund accounts for the construction of certain public improvements, such as streets, storm sewers, water and sanitary sewer trunk lines. Construction contracts involve multiple financing resources from the City and other government entities. Construction projects usually extend over several years before completion. Storm Sewer Fund This fund accounts for fees and area charges to land developers for construction of trunk storm sewer systems. Water Fund This fund accounts for revenues derived primarily from connection charges collected at the time building permits are issued. Funds are appropriated towards the construction costs of water supply lines, wells and water storage facilities, and provide the debt service to bonds issued to finance the construction of the City’s water treatment facility and other trunk infrastructure improvements. Sanitary Sewer Fund This fund accounts for sewer connection and area fees charged to land developers for connecting to the City’s sanitary sewer system. Appropriations are applied to the construction of sanitary sewer trunk systems. Park Dedication Fund This fund accounts for park development fees charged to land developers. The expenditures consist of acquiring and developing new City parks and trails. 99 Capital Projects Funds (Continued) Park Improvement Fund This fund accounts for the long term maintenance, repairs and replacement of the City parks. The primary revenue source is property taxes, intergovernmental grants and donations. Trail Improvement Fund This fund accounts for the long term maintenance, repairs and replacement of the City trails. The primary revenue source is property taxes. Tax Increment Fund This fund accounts for revenue received from tax increment property that does not require debt financing. The expenditures are for current and future development of tax increment property. Building Fund This fund accounts for the accumulation and disbursement of funds for the construction or improvement of public buildings. Equipment Fund This fund accounts for the purchase of public safety, street and park maintenance equipment. The most significant capital acquisitions are related to replacing vehicles, heavy machinery, and technology. 100 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues General property taxes 1,668,227$ 1,670,750$ 1,670,750$ 2,027,750$ Tax increment - - 52,561 52,561 Intergovernmental 3,338,916 4,713,361 5,724,944 120,000 Charges for services 8,566,920 3,898,084 7,284,477 3,909,549 Special assessments 433,286 33,283 33,283 32,271 Investment income 160,946 95,247 147,547 176,870 Donations 230,954 247,000 226,419 25,000 Miscellaneous 732,305 2,728,909 2,989,100 876,601 Total revenues 15,131,554 13,386,634 18,129,081 7,220,602 Expenditures - Capital outlay General government 724,922 927,451 1,791,281 679,685 Public safety Police 409,023 240,021 493,143 283,433 Fire 660,028 761,834 1,212,149 340,043 Public works 26,668,402 28,333,488 32,156,740 15,949,156 Parks and recreation 2,867,145 3,656,801 2,842,622 3,482,626 Total expenditures 31,329,520 33,919,595 38,495,935 20,734,943 Excess (deficiency) of revenues over expenditures (16,197,966) (20,532,961) (20,366,854) (13,514,341) Other financing sources (uses) Transfer from other funds 3,489,923 2,068,250 3,305,569 2,094,500 Transfer to other funds (2,669,018) (803,750) (1,493,401) (2,052,075) Issuance of debt 16,400,602 26,337,574 25,628,017 9,592,981 Premium on bonds issued 1,005,509 - - - Total other financing sources (uses)18,227,016 27,602,074 27,440,185 9,635,406 Net change in fund balance 2,029,050 7,069,113 7,073,331 (3,878,935) Fund balance, January 1 20,094,698 12,624,445 22,123,748 29,197,079 Fund balance, December 31 22,123,748$ 19,693,558$ 29,197,079$ 25,318,144$ CITY OF LAKEVILLE, MINNESOTA Combined Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 Budgetary Summary for All Capital Projects Funds 101 Mu n i c i p a l P a v e m e n t I m p r o v e m e n t S t o r m Sa n i t a r y P a r k P a r k T r a i l T a x Ta x St a t e - a i d Ma n a g e m e n t Co n s t r u c t i o n Se w e r Wa t e r Se w e r De d i c a t i o n Im p r o v e m e n t Im p r o v e m e n t Ab a t e m e n t In c r e m e n t Bu i l d i n g Equipment Total Re v e n u e s Ge n e r a l p r o p e r t y t a x e s - $ 1 , 1 9 1 , 5 5 0 $ 50 , 0 0 0 $ - $ - $ - $ - $ 1 7 5 , 0 0 0 $ 11 1 , 2 0 0 $ - $ - $ 1 5 0 , 0 0 0 $ 350,000 $ 2,027,750 $ Ta x i n c r e m e n t - - - - - - - - - - 5 2 , 5 6 1 - - 52,561 In t e r g o v e r n m e n t a l - 1 2 0 , 0 0 0 - - - - - - - - - - - 120,000 Ch a r g e s f o r s e r v i c e s - - - 1 , 0 5 2 , 2 6 4 1,3 2 0 , 2 0 0 26 7 , 3 0 0 1,2 6 9 , 7 8 5 - - - - - - 3,909,549 Sp e c i a l a s s e s s m e n t s - - - 21 7 17 , 0 0 0 15 , 0 0 0 54 - - - - - - 32,271 In v e s t m e n t i n c o m e 20 , 7 0 0 5, 4 0 0 - 3 1 , 6 0 0 18 , 5 0 0 26 , 3 0 0 22 , 3 0 0 - 2 , 2 0 0 - 1 , 2 0 0 15,092 33,578 176,870 Do n a t i o n s - - - - - - 1 0 , 0 0 0 - - - - - 1 5 , 0 0 0 25,000 Mis c e l l a n e o u s 27 6 , 7 9 0 - - - 3 5 9 , 9 9 3 - 3 2 , 0 9 0 - - - - - 207,728 876,601 To t a l r e v e n u e s 29 7 , 4 9 0 1,3 1 6 , 9 5 0 50 , 0 0 0 1,0 8 4 , 0 8 1 1,7 1 5 , 6 9 3 30 8 , 6 0 0 1,3 3 4 , 2 2 9 17 5 , 0 0 0 11 3 , 4 0 0 - 5 3 , 7 6 1 165,092 606,306 7,220,602 Ex p e n d i t u r e s - C a p i t a l o u t l a y Ge n e r a l g o v e r n m e n t - - - - - - - - - - - 1 9 0 , 0 0 0 489,685 679,685 Pu b l i c s a f e t y Po l i c e - - - - - - - - - - - 4 1 , 5 0 0 241,933 283,433 Fi r e - - - - - - - - - - - 2 9 , 2 0 0 310,843 340,043 Pu b l i c w o r k s 2, 1 6 8 , 9 6 4 1,4 2 9 , 6 7 3 9,6 8 2 , 9 8 1 52 6 , 1 3 2 1,0 7 5 , 0 0 0 14 8 , 8 7 5 - - - - - 1 0 0 , 7 0 0 816,831 15,949,156 Pa r k s a n d r e c r e a t i o n - - - - - - 2 , 2 7 8 , 0 0 0 23 5 , 0 0 0 35 0 , 2 8 4 - 5 1 , 0 4 6 305,792 262,504 3,482,626 To t a l e x p e n d i t u r e s 2, 1 6 8 , 9 6 4 1,4 2 9 , 6 7 3 9,6 8 2 , 9 8 1 52 6 , 1 3 2 1,0 7 5 , 0 0 0 14 8 , 8 7 5 2, 2 7 8 , 0 0 0 23 5 , 0 0 0 35 0 , 2 8 4 - 5 1 , 0 4 6 667,192 2,121,796 20,734,943 Ex c e s s ( d e f i c i e n c y ) o f r e v e n u e s ov e r e x p e n d i t u r e s (1 , 8 7 1 , 4 7 4 ) (1 1 2 , 7 2 3 ) (9 , 6 3 2 , 9 8 1 ) 55 7 , 9 4 9 64 0 , 6 9 3 15 9 , 7 2 5 (9 4 3 , 7 7 1 ) (6 0 , 0 0 0 ) (2 3 6 , 8 8 4 ) - 2 , 7 1 5 (502,100) (1,515,490) (13,514,341) Ot h e r f i n a n c i n g s o u r c e s ( u s e s ) Tr a n s f e r f r o m o t h e r f u n d s 77 8 , 5 0 0 - 4 0 , 0 0 0 - - - - - - - - 2 0 0 , 0 0 0 1,076,000 2,094,500 Tr a n s f e r t o o t h e r f u n d s - ( 1 0 0 , 0 0 0 ) - ( 1 , 2 1 3 , 5 0 0 ) (7 3 8 , 5 7 5 ) - - - - - - - - (2,052,075) Is s u a n c e o f d e b t - - 9 , 5 9 2 , 9 8 1 - - - - - - - - - - 9,592,981 To t a l o t h e r f i n a n c i n g s o u r c e s ( u s e s ) 77 8 , 5 0 0 (1 0 0 , 0 0 0 ) 9,6 3 2 , 9 8 1 (1 , 2 1 3 , 5 0 0 ) (7 3 8 , 5 7 5 ) - - - - - - 2 0 0 , 0 0 0 1,076,000 9,635,406 Ne t c h a n g e i n f u n d b a l a n c e (1 , 0 9 2 , 9 7 4 ) (2 1 2 , 7 2 3 ) - ( 6 5 5 , 5 5 1 ) (9 7 , 8 8 2 ) 15 9 , 7 2 5 (9 4 3 , 7 7 1 ) (6 0 , 0 0 0 ) (2 3 6 , 8 8 4 ) - 2 , 7 1 5 (302,100) (439,490) (3,878,935) Fu n d b a l a n c e , J a n u a r y 1 4, 1 3 3 , 3 7 4 1,0 7 5 , 7 0 4 1,5 2 9 , 2 2 3 6,3 1 9 , 2 6 2 3,6 7 3 , 2 9 1 5,2 6 6 , 5 3 4 4, 4 5 8 , 7 7 6 75 , 8 9 7 44 4 , 8 3 6 (3 7 8 , 9 1 3 ) 16 5 , 5 8 5 754,589 1,678,921 29,197,079 Fu n d b a l a n c e , D e c e m b e r 3 1 3, 0 4 0 , 4 0 0 $ 86 2 , 9 8 1 $ 1,5 2 9 , 2 2 3 $ 5,6 6 3 , 7 1 1 $ 3,5 7 5 , 4 0 9 $ 5,4 2 6 , 2 5 9 $ 3,5 1 5 , 0 0 5 $ 15 , 8 9 7 $ 20 7 , 9 5 2 $ (3 7 8 , 9 1 3 ) $ 16 8 , 3 0 0 $ 452,489 $ 1,239,431 $ 25,318,144 $ CI T Y O F L A K E V I L L E , M I N N E S O T A Bu d g e t a r y Su m m a r y f o r C a p i t a l P r o j e c t s F u n d s Co m b i n e d S c h e d u l e o f R e v e n u e s , E x p e n d i t u r e s , a n d C h a n g e s i n F u n d B a l a n c e s Fo r t h e Y e a r E n d i n g D e c e m b e r 3 1 , 2 0 1 7 20 1 7 P r o p o s e d B u d g e t 10 2 MUNICIPAL STATE-AID STREET FUND Fund Description: The Municipal State-aid Street Fund accounts for an annual allotment from the State of Minnesota Municipal State-aid street construction account. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues Intergovernmental revenues 3,111,493$ 3,721,111$ 3,829,359$ - $ Investment income (charges)14,657 9,300 17,000 20,700 Miscellaneous - 452,000 623,658 276,790 Total revenues 3,126,150 4,182,411 4,470,017 297,490 Expenditures - Capital outlay Public works 5,652,973 3,206,172 4,361,761 2,168,964 Parks and recreation 477,991 - - - Total expenditures 6,130,964 3,206,172 4,361,761 2,168,964 Excess (deficiency) of revenues over expenditures (3,004,814) 976,239 108,256 (1,871,474) Other financing sources (uses) Transfer from Capital Projects: Water Trunk Fund 620,000 - Storm Sewer Trunk Fund - - - 778,500 Issuance of debt 4,728,684 - - - Premium on bonds issued 271,564 - - - Total other financing sources (uses)5,000,248 - 620,000 778,500 Net change in fund balance 1,995,434 976,239 728,256 (1,092,974) Fund balance, January 1 1,409,684 1,861,941 3,405,118 4,133,374 Fund balance, December 31 3,405,118$ 2,838,180$ 4,133,374$ 3,040,400$ For the Year Ending December 31, 2017 CITY OF LAKEVILLE, MINNESOTA Schedule of Revenues, Expenditures, and Changes in Fund Balances Capital Projects - Municipal State-aid Street Fund 103 MUNICIPAL STATE AID STREET FUND Projects 2017 CR 50 Recon (CSAH 60 to CSAH 9) 2,024,964 $ CR 50 Recon (Holyoke Ave to Cedar Ave)144,000 Total 2,168,964 $ Capital Projects - Municipal State-aid Street Fund Schedule of Capital Outlay CITY OF LAKEVILLE, MINNESOTA 104 PAVEMENT MANAGEMENT FUND Fund Description: The Pavement Management Fund primary purpose is to account for major maintenance projects which are financed with property taxes. Accounting for pavement management activities in a designated 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 for one of the community’s most significant infrastructure assets. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues General property taxes 1,189,883 $ 1,191,550 $ 1,191,550 $ 1,191,550 $ Intergovernmental revenue 120,000 120,000 120,000 120,000 Charges for services 75,407 - - - Special assessments 2,998 - - - Investment income (charges)7,649 6,400 6,700 5,400 Miscellaneous - 60,000 60,000 - Total revenues 1,395,937 1,377,950 1,378,250 1,316,950 Expenditures - Capital outlay Public works 1,042,207 1,668,580 1,538,551 1,429,673 Parks and recreation 124,116 - - - Total expenditures 1,166,323 1,668,580 1,538,551 1,429,673 Excess (deficiency) of revenues over expenditures 229,614 (290,630) (160,301) (112,723) Other financing sources (uses) Transfer to Equipment Fund (524,000) (100,000) (100,000) (100,000) Net change in fund balance (294,386) (390,630) (260,301) (212,723) Fund balance, January 1 1,630,391 1,275,214 1,336,005 1,075,704 Fund balance, December 31 1,336,005 $ 884,584 $ 1,075,704 $ 862,981 $ For the Year Ending December 31, 2017 CITY OF LAKEVILLE, MINNESOTA Schedule of Revenues, Expenditures, and Changes in Fund Balances Capital Projects - Pavement Management Fund 105 PAVEMENT MANAGEMENT FUND (continued) Projects 2017 Patching & minor overlays 965,516 $ Safety improvements 124,349 Crack sealing 140,608 Velocity patching 109,200 Other 90,000 Total 1,429,673 $ Capital Projects - Pavement Management Fund Schedule of Capital Outlay CITY OF LAKEVILLE, MINNESOTA 106 IMPROVEMENT CONSTRUCTION FUND Fund Description: The Improvement Construction Fund accounts for the construction of certain public improvements, such as streets and storm sewers. The City Council has approved a street reconstruction program that replaces aging street infrastructure. Benefited property owners are specially assessed for 40% of the cost with the remaining 60% paid by the City with property taxes. The financing of the improvements is accomplished with the issuance of General Obligation Improvement Bonds. The special assessments and taxes are pledged to the repayment of the debt. The taxes are proposed to be amortized over a 10 year period to mitigate the impact of tax increases on business and residents. 107 IMPROVEMENT CONSTRUCTION FUND (continued) Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues General property taxes 49,623 $ 50,000 $ 50,000 $ 50,000$ Intergovernmental 1,000 822,250 974,685 - Charges for services - - 66,288 - Special assessments 389,040 - - - Investment income (charges)18,988 - 11,200 - Total revenues 458,651 872,250 1,102,173 50,000 Expenditures - Capital outlay General government 184,677 - - - Public works 12,042,512 19,687,574 19,687,574 9,682,981 Total expenditures 12,227,189 19,687,574 19,687,574 9,682,981 Excess (deficiency) of revenues over expenditures (11,768,538) (18,815,324) (18,585,401) (9,632,981) Other financing sources (uses) Transfer from General Fund 500,000 - - - Transfer from Capital Projects Sanitary Sewer Trunk Fund - 150,000 150,000 - Storm Sewer Trunk Fund - 150,000 150,000 - Water Trunk Fund - 150,000 150,000 - Tax Increment Fund 27,681 - 117,319 - Transfer from Debt Service Tax Increment - 607,500 607,500 - Transfer from Special Revenue Communications - - - 40,000 Transfer to Capital Projects Tax Increment - (79,750) (79,750) - Issuance of debt 11,671,918 17,637,574 15,399,860 9,592,981 Premium on bonds issued 733,945 - 1,376,898 - Total other financing sources (uses)12,933,544 18,615,324 17,871,827 9,632,981 Net change in fund balance 1,165,006 (200,000) (713,574) - Fund balance, January 1 1,077,791 1,277,791 2,242,797 1,529,223 Fund balance, December 31 2,242,797 $ 1,077,791 $ 1,529,223 $ 1,529,223$ For the Year Ending December 31, 2017 CITY OF LAKEVILLE, MINNESOTA Schedule of Revenues, Expenditures, and Changes in Fund Balances Capital Projects - Improvement Construction Fund 108 STORM SEWER FUND Fund Description: The Storm Sewer Fund accounts for fees and area charges to land developers for construction of trunk storm sewer systems. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues Charges for services 2,671,526 $ 1,052,264 $ 1,850,448 $ 1,052,264 $ Special assessments 235 226 226 217 Investment income 27,332 2,500 25,000 31,600 Total revenues 2,699,093 1,054,990 1,875,674 1,084,081 Expenditures - Capital outlay Public works 412,667 526,132 415,630 526,132 Excess (deficiency) of revenues over expenditures 2,286,426 528,858 1,460,044 557,949 Other financing sources (uses) Transfer to Capital Proj. - Improv Const - (150,000) (150,000) - Capital Proj. - Municipal State Aid - - - (778,500) Utility Fund- Environmental Resources - - - (435,000) Debt Service - Special Assessment (101,000) - - - Total other financing sources (uses)(101,000) (150,000) (150,000) (1,213,500) Net change in fund balance 2,185,426 378,858 1,310,044 (655,551) Fund balance, January 1 2,823,792 4,507,468 5,009,218 6,319,262 Fund balance, December 31 5,009,218 $ 4,886,326 $ 6,319,262 $ 5,663,711 $ Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 CITY OF LAKEVILLE, MINNESOTA Capital Projects - Storm Sewer Fund 109 WATER FUND Fund Description: The Water Fund accounts for revenues derived primarily from connection charges collected at the time building permits are issued and antenna site leases with wireless communications companies. Funds are committed 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 of the City’s water treatment facility and other trunk infrastructure improvements. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues Charges for services 2,352,123 $ 1,320,200 $ 2,171,987$ 1,320,200 $ Special assessments 20,771 17,000 17,000 17,000 Investment income 491 1,600 (15,500) 18,500 Miscellaneous 352,900 344,596 356,429 359,993 Total revenues 2,726,285 1,683,396 2,529,916 1,715,693 Expenditures - Capital outlay Public works 6,471,852 1,595,000 3,718,255 1,075,000 Excess (deficiency) of revenues over expenditures (3,745,567) 88,396 (1,188,339) 640,693 Other financing sources (uses) Transfer to Debt Service - Water Revenue (2,016,337) (174,000) (126,332) (738,575) Capital Proj. - Impr. Constr.- (150,000) (150,000) - Capital Proj. - Municipal State Aid - - (620,000) - Issuance of debt - 8,700,000 8,851,259 - Total other financing sources (uses)(2,016,337) 8,376,000 7,954,927 (738,575) Net change in fund balance (5,761,904) 8,464,396 6,766,588 (97,882) Fund balance, January 1 2,668,607 (7,684,016) (3,093,297) 3,673,291 Fund balance, December 31 (3,093,297)$ 780,380 $ 3,673,291$ 3,575,409 $ Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 CITY OF LAKEVILLE, MINNESOTA Capital Projects - Water Fund 110 WATER FUND (continued) Projects 2017 Well construction 875,000 $ Developer credits 200,000 Total 1,075,000 $ Capital Projects - Water Fund Schedule of Capital Outlay CITY OF LAKEVILLE, MINNESOTA 111 SANITARY SEWER FUND Fund Description The Sanitary Sewer Fund accounts for sewer connection and area fees charged to land developers for connecting to the City’s sanitary sewer system. Appropriations are applied to the construction of sanitary sewer trunk systems. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues Charges for services 940,203 $ 267,300 $ 784,236 $ 267,300 $ Special assessments 20,182 16,000 16,000 15,000 Investment income (charges)32,695 2,100 25,100 26,300 Total revenues 993,080 285,400 825,336 308,600 Expenditures - Capital outlay Public works 392,368 139,000 423,726 148,875 Excess (deficiency) of revenues over expenditures 600,712 146,400 401,610 159,725 Other financing sources (uses) Transfer to Capital Proj. - Improv Constr - (150,000) (150,000) - Total other financing sources (uses)- (150,000) (150,000) - Net change in fund balance 600,712 (3,600) 251,610 159,725 Fund balance, January 1 4,414,212 4,422,958 5,014,924 5,266,534 Fund balance, December 31 5,014,924 $ 4,419,358 $ 5,266,534 $ 5,426,259 $ Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 CITY OF LAKEVILLE, MINNESOTA Capital Projects - Sanitary Sewer Fund Projects 2017 Developer credits 148,875$ Total Projects 148,875$ CITY OF LAKEVILLE, MINNESOTA Capital Projects - Sanitary Sewer Fund Schedule of Capital Outlay 112 PARK DEDICATION FUND Fund Description: The Park Dedication Fund accounts for park dedication fees received from land developers. The expenditures consist of acquiring and developing new City parks and trails. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues Intergovernmental - grants 106,423 $ - $ 900 $ - $ Charges for services 2,516,661 1,258,320 2,411,518 1,269,785 Special assessments 60 57 57 54 Investment income 14,545 13,500 14,400 22,300 Donations 151,596 - 10,731 10,000 Miscellaneous 22,802 972,138 975,286 32,090 Total revenues 2,812,087 2,244,015 3,412,892 1,334,229 Expenditures - Capital outlay Parks and recreation 1,214,216 2,460,739 1,839,252 2,278,000 Excess (deficiency) of revenues over expenditures 1,597,871 (216,724) 1,573,640 (943,771) Net changes in fund balances 1,597,871 (216,724) 1,573,640 (943,771) Fund balance, January 1 1,287,265 2,690,167 2,885,136 4,458,776 Fund balance, December 31 2,885,136 $ 2,473,443 $ 4,458,776 $ 3,515,005 $ Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 CITY OF LAKEVILLE, MINNESOTA Capital Projects - Park Dedication Fund 113 PARK DEDICATION FUND (continued) Projects 2017 Major Construction West Lake Marion Park - Bike Course 85,000 $ Land acquisition Avonlea Park 1,500,000 Future land acquisition 100,000 Trail Construction 175th - Isleton to Jasmine (S Side) 100,000 Developer credits 435,000 Other 58,000 Total 2,278,000 $ Capital Projects - Park Dedication Fund Schedule of Capital Outlay CITY OF LAKEVILLE, MINNESOTA 114 PARK IMPROVEMENT FUND Fund Description: The Park Improvement Fund accounts for the long term maintenance, repairs and replacement of the City parks. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues General property taxes - $ 50,000 $ 50,000 $ 175,000 $ Intergovernmental - 50,000 50,000 - Investment income 797 - - - Donations 52,482 247,000 215,688 - Total revenues 53,279 347,000 315,688 175,000 Expenditures - Capital outlay Parks and recreation 225,918 312,500 307,582 235,000 Excess (deficiency) of revenues over expenditures (172,639) 34,500 8,106 (60,000) Other financing sources (uses) Transfer from General Fund 235,000 - - - Liquor Fund 5,430 - - - Total other financing sources (uses)240,430 - - - Net changes in fund balances 67,791 34,500 8,106 (60,000) Fund balance, January 1 - 39,000 67,791 75,897 Fund balance, December 31 67,791 $ 73,500 $ 75,897 $ 15,897 $ CITY OF LAKEVILLE, MINNESOTA Capital Projects - Park Improvement Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 115 PARK IMPROVEMENT FUND (continued) Projects 2017 Playground replacements Dodd Trail 82,500 $ Highview Heights 82,500 Aronson building upgrades 10,000 Dodd Trail pickleball courts 60,000 Total 235,000 $ Schedule of Capital Outlay CITY OF LAKEVILLE, MINNESOTA Capital Projects - Park ImprovementFund 116 TRAIL IMPROVEMENT FUND Fund Description: The Trail Improvement Fund accounts for the long term maintenance, repairs and replacement of the City trails. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues General property taxes 77,748 $ 78,200 $ 78,200 $ 111,200 $ Investment income 5,394 - 3,100 2,200 Total revenues 83,142 78,200 81,300 113,400 Expenditures - Capital outlay Parks and recreation 196,057 251,520 266,019 350,284 Total expenditures 196,057 251,520 266,019 350,284 Excess (deficiency) of revenues over expenditures (112,915) (173,320) (184,719) (236,884) Net change in fund balance (112,915) (173,320) (184,719) (236,884) Fund balance, January 1 742,470 594,334 629,555 444,836 Fund balance, December 31 629,555 $ 421,014 $ 444,836 $ 207,952 $ CITY OF LAKEVILLE, MINNESOTA Capital Projects - Trail Improvement Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances For the Year Ending December 31, 2017 117 TRAIL IMPROVEMENT FUND (continued) Projects 2017 Trail sealcoating 70,000$ N side 165th - Ipava to Interlachen (reclamation)57,825 W side Flagstaff Ave - Fontina Path to Dodd Blvd (reclam) 120,377 Dodd Trail trails - Flagstaff to Dodd Blvd (reclam)56,327 Casperson soccer field trail 3,000 Engineering costs for reclam/overlay proj 18%42,755 Total 350,284$ CITY OF LAKEVILLE, MINNESOTA Capital Projects - Trail Improvement Fund Schedule of Capital Outlay 118 TAX INCREMENT FUND Fund Description: The Tax Increment Fund accounts for revenue received from tax increment property that does not require debt financing. The expenditures are for pay-as-you-go contractual agreements as identified in the tax increment plans. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues Tax increment - $ - $ 52,561 $ 52,561 $ Charges for services 11,000 - - - Investment income 1,640 500 1,200 1,200 Total revenues 12,640 500 53,761 53,761 Expenditures - Capital outlay General government 27,862 - 49,933 51,046 Excess (deficiency) of revenues over expenditures (15,222) 500 3,828 2,715 Other financing sources (uses) Transfer from Improvement Construction Fund - 79,750 79,750 - Transfer to - Improvement Construction Fund (27,681) - (117,319) - Total other financing sources (uses)(27,681) 79,750 (37,569) - Net change in fund balance (42,903) 80,250 (33,741) 2,715 Fund balance, January 1 242,229 98,429 199,326 165,585 Fund balance, December 31 199,326 $ 178,679 $ 165,585 $ 168,300 $ CITY OF LAKEVILLE, MINNESOTA Schedule of Revenues, Expenditures and Changes in Fund Balances Capital Projects - Tax Increment Fund For the Year Ending December 31, 2017 119 BUILDING FUND Fund Description: The Building Fund accounts for the accumulation and disbursement of funds for the construction or improvement of public buildings. Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues General property taxes 50,616 $ 51,000 $ 51,000 $ 150,000 $ Investment income 8,458 - - 15,092 Donations 24,776 - - - Miscellaneous 131,903 650,000 651,575 - Total revenues 215,753 701,000 702,575 165,092 Expenditures - Capital outlay General government 399,435 339,450 329,654 190,000 Public safety Police 3,819 19,050 19,237 41,500 Fire 331,315 83,050 60,750 29,200 Public works 100,753 102,300 84,263 100,700 Parks and recreation 258,379 296,950 101,144 305,792 Total expenditures 1,093,701 840,800 595,048 667,192 Excess (deficiency) of revenues over expenditures (877,948) (139,800) 107,527 (502,100) Other financing sources (uses) Transfer from General Fund - - - 200,000 Special Revenue - Communications - 150,000 150,000 - Total other financing sources - 150,000 150,000 200,000 Net change in fund balance (877,948) 10,200 257,527 (302,100) Fund balance, January 1 1,375,010 573,827 497,062 754,589 Fund balance, December 31 497,062 $ 584,027 $ 754,589 $ 452,489 $ CITY OF LAKEVILLE, MINNESOTA Schedule of Revenues, Expenditures, and Changes in Fund Balances Capital Projects - Building Fund For the Year Ending December 31, 2017 120 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. All departments evaluated the overall condition of the City’s fleet and equipment. In many cases, the expected useful life of these assets has been extended on the condition that there was no adverse increase in repairs or operating costs. Equipment acquisition for general government purposes, such as police, fire, streets, engineering, parks, and technology are financed primarily by non-tax revenues such as Liquor Fund contributions and sale of assets. 121 EQUIPMENT FUND (continued) Budget Summary: 2016 2017 2015 Adopted 2016 Proposed Actual Budget Estimate Budget Revenues General property taxes 300,357 $ 250,000 $ 250,000 $ 350,000 $ Investment income 28,300 59,347 59,347 33,578 Donations 2,100 - - 15,000 Miscellaneous 224,700 250,175 322,152 207,728 Total revenues 555,457 559,522 631,499 606,306 Expenditures - Capital outlay General government 112,948 588,001 282,781 489,685 Public safety Police 405,204 220,971 473,906 241,933 Fire 328,713 678,784 1,151,399 310,843 Public works 553,070 1,408,730 1,926,980 816,831 Parks and recreation 370,468 335,092 328,625 262,504 Total expenditures 1,770,403 3,231,578 4,163,691 2,121,796 Excess (deficiency) of revenues over expenditures (1,214,946) (2,672,056) (3,532,192) (1,515,490) Other financing sources (uses) Transfer from General Fund 877,000 50,000 550,000 945,000 Pavement Management 524,000 100,000 100,000 100,000 Special Revenue - Communications 495,000 100,000 100,000 - Enterprise -Utility Fund - 31,000 31,000 31,000 Enterprise - Liquor Fund 825,812 500,000 500,000 - Total other financing sources (uses)2,721,812 781,000 1,281,000 1,076,000 Net change in fund balance 1,506,866 (1,891,056) (2,251,192) (439,490) Fund balance, January 1 2,423,247 2,967,332 3,930,113 1,678,921 Fund balance, December 31 3,930,113 $ 1,076,276 $ 1,678,921 $ 1,239,431 $ CITY OF LAKEVILLE, MINNESOTA Schedule of Revenues, Expenditures, and Changes in Fund Balances Capital Projects - Equipment Fund For the Year Ending December 31, 2017 122 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 193 cities operating municipal liquor stores in Minnesota, Lakeville continues to have the highest revenues and highest gross profit. Services: Control the sale of alcoholic beverages. The City is committed to restricting youth access to alcohol. Employees are also trained in how to observe and decline sales to obviously intoxicated individuals. Lakeville is committed to quality customer service. Product selection is continually evolving and is the lifeblood that drives the industry. Wine specifically is a hallmark for Lakeville. Store ambiance, strategic location of stores and customer satisfaction are deemed a high priority. Profits are dedicated to the reduction of property taxes. Liquor Fund net proceeds are committed to financing capital improvements which would otherwise be financed with property taxes. Asset management and inventory integrity plays an essential role in profitability. The retail liquor industry is highly competitive. Inventory controls as well as policies that include well-defined checks and balances ensure assets are controlled, while the management team and point of sale operations enable Lakeville to maintain a high rate of return on investment through effective marketing strategies. Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 Budget Operations Director 1.0 1.0 1.0 1.0 Administrative Services Manager 1.0 1.0 1.0 1.0 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 5.0 Lead Sales Associates 3.0 3.0 3.9 3.9 Sales Associates 10.4 10.4 9.9 9.9 Total 24.4 24.4 24.8 24.8 123 LIQUOR FUND (continued) Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Sales and cost of sales Sales 13,611,292$ 13,882,928$ 13,926,781$ 14,045,802$ Cost of sales 10,322,173 10,497,922 10,497,195 10,605,816 Gross profit 3,289,119 3,385,006 3,429,586 3,439,986 Operating expenses Personnel services 1,308,167 1,358,238 1,360,920 1,443,341 Commodities 54,971 72,276 63,572 70,710 Other charges and services 918,721 846,686 810,188 857,233 Total operating expenses 2,281,859 2,277,200 2,234,680 2,371,284 Operating income 1,007,260 1,107,806 1,194,906 1,068,702 Non-operating revenue (expense) Intergovernmental 3,900 3,900 3,900 3,900 Investment income (charges)5,104 17,115 5,412 3,744 Miscellaneous 48,477 3,600 3,600 3,600 Disposal of assets (33,381) - - - Total non-operating (net)24,100 24,615 12,912 11,244 1,031,360 1,132,421 1,207,818 1,079,946 Transfers to other funds (1,397,972) (1,074,937) (1,074,937) (547,454) Bond expense (144,449) (135,417) (135,417) (125,959) Depreciation (125,003) (114,761) (116,465) (116,465) (1,667,424) (1,325,115) (1,326,819) (789,878) Change in net position (636,064) (192,694) (119,001) 290,068 Net position, January 1 4,771,970 4,967,463 4,135,906 4,016,905 Net position, December 31 4,135,906$ 4,774,769$ 4,016,905$ 4,306,973$ Capital outlay acquisitions 105,299$ 107,915$ 77,510$ 205,000$ Debt - Principal 175,000$ 180,000$ 180,000$ 190,000$ Income before transfers, bond expense, and depreciation Total transfers, bond expense and depreciation CITY OF LAKEVILLE, MINNESOTA Schedule of Revenues, Expenses and Changes in Net Position Enterprise - Liquor Fund For the Year Ending December 31, 2017 124 LIQUOR FUND (continued) Contributions (transfers) to other funds: The Liquor Fund budget will make the following contributions to other funds in the coming year thereby resulting in a corresponding decrease in the tax levy: 2017 346,360$ General operations 200,220 Community recycling 874 547,454$ Debt - Police Station Debt: The Liquor Fund has $2.7 million of debt outstanding, which financed the Galaxie store construction in 2007. The 2017 debt obligation, including principal and interest, is $321,000. 125 UTILITY FUND Overall Fund Description: The Utility Fund is responsible for the operation of a 26.50 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. Individual schedules for revenues, expenses, changes in net assets are provided for each of the respective operations. The combining of these operations comprises the Utility Fund which is presented in the Utility Fund Schedule of Revenues, Expenses and Changes in Net Assets. Services: Water. The water system includes operation and maintenance of 18 wells, 6 towers, 2 reservoirs, water treatment plant, and 321 miles of water distribution system. Sanitary sewer. The sanitary sewer system includes maintenance of 260 miles of sanitary sewer and force mains, 8 pressure reducing stations, and 20 lift stations and 3 grinder stations, which transmit effluent to the MCES Empire Treatment Facility. Street lighting. The street lighting system is operated and maintained by Xcel Energy and Dakota Electric Association (DEA). The City of Lakeville bills customers on a quarterly basis for lighting. Environmental Resources. This fund accounts for the surface water management operations and forestry program which manage, promotes and protects the City’s natural resources. Recycling programs are also accounted for under this program and promotes education, reduction/reusing and recycling efforts. Recycling programs are funded by a grant from Dakota County. 126 UTILITY FUND Overall (continued) Staffing: Position (FTE) 2015 Actual 2016 Budget 2016 Estimate 2017 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 11.8 12.0 11.2 12.0 Utility Billing Technician 2.0 2.0 2.0 2.0 Administrative Assistant Environmental Resources Manager Environmental Resources Specialist 0.8 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 Environmental Resources Technician 0.0 0.0 0.0 0.75 Forester 0.0 0.5 0.3 0.70 Total 21.6 22.5 21.5 23.45 City staff prepared a Water and Sanitary Sewer Rate Analysis to determine the appropriate rates. The City Council approved a 2017 rate increase based on the recommendation contained in the Analysis. Customer rate increases are a result of increases in operating costs. Water adjustments will finance upgrades to the water infrastructure. Sewer adjustment will finance upgrades to the sewer infrastructure and the Metropolitan Council’s rate increase. Street lighting adjustment will finance the electric company rate increases. The Environmental Resources fee will offset costs associated with environmental and forestry related programs. 2017 Fee Structure Basis Adopted Increase Water base Account 6.57$ 2.19$ Water tier 1 (<30 thousand gallons)Gallonage 1.32$ 0.29$ Water tier 2 (30 - 49 thousand gallons)Gallonage 2.09$ 0.46$ Water tier 3 (>49 thousand gallons)Gallonage 3.57$ 0.78$ State of MN water testing fee Connection 1.59$ - $ Sanitary sewer base Account 7.91$ 0.72$ Sanitary sewer usage (1,000 gallons)Gallonage 3.92$ 0.36$ Sanitary sewer non-metered accounts Account 78.40$ 7.13$ Street lights (residential)Account 8.76$ 0.34$ Street lights (non-residential)Front foot 0.2451$ 0.01$ Environmental resources fee REU 9.30$ 1.55$ REU – Residential Equivalent Unit 127 UTILITY FUND Overall (continued) Rates listed above are on a per quarter basis for residential unless noted otherwise. Commercial and industrial rates are similar to residential rates with the exception of irrigation sprinkler accounts are billed at the residential water tier 3. Environmental Resources management fee is based on the residential equivalent unit. The REU is that portion of a customer’s facility that has an impact on the storm sewer system equivalent to a single family residence. The determination of a facility’s REU shall be based on dwelling units. 128 UTILITY FUND Overall (continued) Budget Summary – Utility Fund: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Operating revenues User charges for services 9,042,640$ 10,227,133$ 10,209,735$ 11,813,285$ Other 173,823 164,003 160,488 160,488 Total operating revenue 9,216,463 10,391,136 10,370,223 11,973,773 Operating expenses Personnel services 2,007,214 2,176,820 2,098,502 2,237,660 Commodities 365,739 471,177 438,670 470,850 Other charges and services 2,734,445 3,026,084 2,982,427 3,144,924 Disposal charges 3,253,486 3,263,530 3,263,530 3,509,576 Major maintenance 49,071 9,393,270 8,941,657 2,276,019 Total operating expenses 8,409,955 18,330,881 17,724,786 11,639,029 Operating income (expense)806,508 (7,939,745) (7,354,563) 334,744 Non-operating revenue Intergovernmental 85,754 80,556 148,264 128,264 Investment income 46,872 42,616 51,288 36,978 Disposal of assets (82,570) 119,000 129,500 34,000 Total non-operating revenue 50,056 242,172 329,052 199,242 856,564 (7,697,573) (7,025,511) 533,986 Contributed capital 9,463,872 1,073,224 1,100,000 1,100,000 Transfers from other funds 20,612 21,227 66,227 461,148 Transfers to other funds (527,556) (897,206) (897,206) (1,035,017) Bond expense - - - (256,299) Depreciation (3,471,498) (3,416,188) (3,542,995) (3,364,474) 5,485,430 (3,218,943) (3,273,974) (3,094,642) Change in net position 6,341,994 (10,916,516) (10,299,485) (2,560,656) Net position, January 1 114,331,732 108,793,305 120,673,726 110,374,241 Net position, December 31 120,673,726$ 97,876,789$ 110,374,241$ 107,813,585 Capital outlay acquisitions 586,866$ 1,083,674$ 1,085,443$ 840,189$ Bond proceeds -$ 7,473,720$ 6,570,000$ 1,494,952$ CITY OF LAKEVILLE, MINNESOTA For the Year Ending December 31, 2017 Income (loss) before contributions, transfers, and depreciation Total contributions, transfers, and depreciation (net) Enterprise - Utility Fund Schedule of Revenues, Expenses and Changes in Net Position 129 UTILITY FUND Water Operation Program Description: The Water Operation is a collection, treatment, storage, and distribution system that delivers potable water to over 19,200 residential, commercial, institutional, and industrial properties. The system also accounts for all costs related to the operation and maintenance of 18 wells, 6 towers, 2 reservoirs, water treatment plant, and 321 miles of water distribution system. Services – Water Operation: Collect, treat, and distribute potable water to meet the needs of residential, commercial, institutional, and industrial customers. Monitor and ensure water quality and compliance with U.S. Environmental Protection Agency and Minnesota Department of Health requirements. Operate and maintain 18 well stations. Treat ground water with chemicals to remove iron and manganese and improve the taste. Maintain 321 miles of water main. Repair water main breaks. Inspect and approve new water main construction. Exercise fire hydrants annually. Operate a 26.50 million gallon per day water treatment plant. Locate underground utility structures, water main, and residential curb stops. Enforce water restrictions pursuant to approved operations policy. 130 UTILITY FUND Water Operation (continued) Budget Summary - Water Operation: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Operating revenues User charges for services 2,949,084$ 3,526,004$ 3,555,151$ 4,377,242$ Other 173,823 164,003 160,488 160,488 Total operating revenue 3,122,907 3,690,007 3,715,639 4,537,730 Operating expenses Personnel services 1,027,278 1,066,234 1,023,600 1,090,312 Commodities 261,451 337,082 311,429 348,183 Other charges and services 1,424,016 1,235,537 1,220,651 1,239,664 Major maintenance - 7,446,360 7,136,444 1,731,019 Total operating expenses 2,712,745 10,085,213 9,692,124 4,409,178 Operating income (loss)410,162 (6,395,206) (5,976,485) 128,552 Non-operating revenue Intergovernmental 4,074 1,632 1,632 1,632 Investment income 22,031 21,424 26,022 18,016 Disposal of assets (82,678) 4,500 4,500 10,000 Total non-operating revenue (56,573) 27,556 32,154 29,648 353,589 (6,367,650) (5,944,331) 158,200 Contributed capital 5,676,823 604,082 600,000 600,000 Bond expense - - - (234,874) Transfers to other funds (213,336) (548,511) (548,511) (664,038) Depreciation (2,129,374) (2,160,956) (2,160,956) (2,160,956) 3,334,113 (2,105,385) (2,109,467) (2,459,868) Change in net position 3,687,702 (8,473,035) (8,053,798) (2,301,668) Net position, January 1 72,924,795 67,938,264 76,612,497 68,558,699 Net position, December 31 76,612,497$ 59,465,229$ 68,558,699$ 66,257,031$ Capital outlay acquisitions 189,582$ 565,124$ 565,124$ 107,242$ Bond proceeds - $ 6,753,720$ 6,075,000$ 1,094,952$ CITY OF LAKEVILLE, MINNESOTA For the Year Ending December 31, 2017 Income (loss) before contributions, transfers, and depreciation Total contributions, transfers, and depreciation (net) Enterprise - Utility Fund (Water Operation) Schedule of Revenues, Expenses and Changes in Net Position 131 UTILITY FUND Sanitary Sewer Operation Program 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). Services - Sanitary Sewer Operation: Clean, televise, and evaluate approximately 70-80 miles of sanitary sewer main each year and make repairs as necessary. Inspect manholes for groundwater infiltration and seal the structures to eliminate the problem. Evaluate portions of the sanitary sewer system for surface water inflow and groundwater infiltration (I&I) problems and perform any necessary repairs to correct the problem. Operate and maintain lift stations. 132 UTILITY FUND Sanitary Sewer Operation (continued) Budget Summary - Sanitary Sewer Operation: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Operating revenue User charges for services 4,596,025$ 5,130,765$ 5,047,350 $ 5,638,031 $ Operating expenses Personnel services 709,721 794,026 769,217 817,174 Commodities 61,601 99,067 82,424 89,742 Other charges and services 230,849 349,557 336,439 322,728 Disposal charges 3,253,486 3,263,530 3,263,530 3,509,576 Major maintenance 49,071 1,946,910 1,805,213 545,000 Total operating expenses 4,304,728 6,453,090 6,256,823 5,284,220 Operating income (loss)291,297 (1,322,325) (1,209,473) 353,811 Non-operating revenue Intergovernmental 1,632 26,632 26,632 1,632 Investment income 16,837 16,750 18,082 11,388 Disposal of assets 108 114,500 125,000 24,000 Total non-operating revenue 18,577 157,882 169,714 37,020 309,874 (1,164,443) (1,039,759) 390,831 Contributed capital 3,787,049 469,142 500,000 500,000 Transfer from other funds 19,055 19,260 19,260 23,873 Transfer to other funds (150,220) (152,157) (152,157) (143,628) Bond expense - - - (21,425) Depreciation (1,331,122) (1,248,027) (1,374,834) (1,203,516) 2,324,762 (911,782) (1,007,731) (844,696) Change in net position 2,634,636 (2,076,225) (2,047,490) (453,865) Net position, January 1 40,249,303 39,732,585 42,883,939 40,836,449 Net position, December 31 42,883,939$ 37,656,360$ 40,836,449$ 40,382,584$ Capital outlay acquisitions 79,294$ 501,282$ 501,282 $ 332,947 $ Bond proceeds - $ 720,000$ 495,000 $ - $ CITY OF LAKEVILLE, MINNESOTA For the Year Ending December 31, 2017 Total contributions, transfers, and depreciation (net) Income (loss) before contributions, transfers and depreciation Enterprise - Utility Fund (Sanitary Sewer Operation) Schedule of Revenues, Expenses and Changes in Net Position 133 UTILITY FUND Street Light Operation Program 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. Services – Street Light Operation: Perform annual inspections of approximately 4,985 street lights and report any maintenance requirements to responsible electric companies. Perform seasonal banner and flag changes on downtown street lights. 134 UTILITY FUND Street Light Operation (continued) Budget Summary – Street Light Operation: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Operating revenue User charges for services 770,460 $ 778,918 $ 793,540 $ 810,000 $ Operating expenses Personnel services 18,400 17,738 17,738 18,262 Commodities 7 31 31 31 Other charges and services 798,620 738,330 707,970 723,984 Total operating expenses 817,027 756,099 725,739 742,277 Operating income (loss)(46,567) 22,819 67,801 67,723 Non-operating revenue Investment income 1,372 996 1,134 1,609 Income(loss) before transfers (45,195) 23,815 68,935 69,332 Transfers to other funds (3,568) (3,538) (3,538) (4,384) Change in net position (48,763) 20,277 65,397 64,948 Net position, January 1 254,699 164,484 205,936 271,333 Net position, December 31 205,936 $ 184,761 $ 271,333 $ 336,281 $ Enterprise - Utility Fund (Street Light Operation) Schedule of Revenues, Expenses and Changes in Net Position CITY OF LAKEVILLE, MINNESOTA For the Year Ending December 31, 2017 135 UTILITY FUND 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. Services: Surface water resource monitoring. Environmental Resources coordinates and manages a variety of water quality research and improvement projects including aquatic plant control and fish management on City water bodies. The department also implements the City of Lakeville’s Comprehensive Water Resources Management Plan, Wetland Management Plan, South Creek Management Plan and the City of Lakeville’s Storm Water Pollution Prevention Program (SWPPP). Surface water infrastructure management. In the management of the storm water treatment basins, environmental resources staff works closely with the Engineering and Street department staff to perform the work or to obtain quotes for the removal of the sediments and restoration of the area disturbed. Environmental resources staff also determines which storm water basins must be inspected and cleaned of sediment. Public education and interaction. Public education and outreach required by State and Federal regulations are carried out with the Wetland Health Evaluation Project, the Vermillion River Watch program, and through presentations to various age groups. This includes coordination and management of the Adopt-a-Pond program, Citizen Assisted Monitoring Program and the Blue Thumb workshops with Dakota County Soil and Water Conservation District to educate and promote water quality stewardship among residents. Watershed management. Staff reviews wetland delineation and performs a majority of the requirements for being the Responsible Governmental Unit (RGU) and the Local Governmental Unit (LGU) in relationship to environmental permitting. Staff also provides the wetland delineation, mitigation and monitoring plans for public improvement projects. New Development - Residential. The department ensures that all construction plans for new developments meet NPDES Permit requirements. Staff assists in preparing wetland alteration permits and mitigation plans, obtains leases from the DNR for utility crossing of public waters for City projects, performs many of the duties required by local, State and Federal rules and regulations by being either the Responsible Governmental Unit (RGU) or the Local Governmental Unit (LGU). Inspect tree preservation of all new developments. New Development – Commercial and Industrial. The department also provides plan review and inspections of all erosion control for industrial, commercial, and institutional building permits. They ensure that the wetland delineations are correct and meet the requirement of the State of Minnesota Wetland Conservation Act, ensure that tree preservation plans are accurate and that a developer takes feasible measures to save significant trees and protect valuable natural resources. 136 UTILITY FUND Environmental Resources (continued) Environmental recycling. The City of Lakeville will join an existing partnership between the Cities of Apple Valley, Burnsville and Eagan in 2017 to provide recycling services. The partnership, named Dakota Valley Recycling (DVR), has existed since 2003 and supports Dakota County’s Solid Waste Abatement Program initiatives that promote environmental recycling awareness, such as education and public outreach. Funding is provided by a grant from Dakota County. Environmental Resources staff serve as the City’s liaison to DVR. 137 UTILITY FUND Environmental Resources (continued) Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Operating revenue User charges for services 727,071 $ 791,446 $ 813,694 $ 988,012 $ Operating expenses Personnel services 251,815 298,822 287,947 311,912 Commodities 42,680 34,997 44,786 32,894 Other charges and services 280,960 702,660 717,367 858,548 Total operating expenses 575,455 1,036,479 1,050,100 1,203,354 Operating income 151,616 (245,033) (236,406) (215,342) Non-operating revenue Intergovernmental 80,048 52,292 120,000 125,000 Investment income 6,632 3,446 6,050 5,965 Total non-operating revenue 86,680 55,738 126,050 130,965 Income before transfers and depreciation 238,296 (189,295) (110,356) (84,377) Transfers from other funds 1,557 1,967 46,967 437,275 Transfers to other funds (160,432) (193,000) (193,000) (222,967) Depreciation (11,002) (7,205) (7,205) (2) (169,877) (198,238) (153,238) 214,306 Change in net position 68,419 (387,533) (263,594) 129,929 Net position, January 1 902,935 957,972 971,354 707,760 Net position, December 31 971,354$ 570,439$ 707,760$ 837,689$ Capital outlay acquisitions 193,253 $ 17,268 $ 19,037 $ - $ CITY OF LAKEVILLE, MINNESOTA For the Year Ending December 31, 2017 Total transfers and depreciation (net) Enterprise - Utility Fund (Environmental Resources) Schedule of Revenues, Expenses and Changes in Net Position 138 Internal Service Fund Municipal Reserves Fund This 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 departments on a cost reimbursement basis. 139 MUNICIPAL RESERVES FUND Fund Description: 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, operating departments within 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. Services: General liability insurance. Excess liability insurance. Property/casualty insurance. Auto physical damage insurance. Employment practices liability insurance. Workers compensation insurance. The general liability insurance is provided through the League of Minnesota Cities Insurance Trust, a municipal insurance pool, in which the City retains exposure to losses for liability claims up to $50,000 per occurrence, with a $100,000 yearly claims payment maximum; a $1,000 per claim deductible applies if the City exceeds the $100,000 maximum. Risk management charges to various City funds are based on factors such as number of automobiles used, stated value of buildings and contents, and employee salaries. A portion of the City’s liability insurance premium is attributable to vehicles and is allocated along with the physical damage premium. The remainder of the liability insurance premium is combined with an estimate of claims costs (including legal and administration) and allocated accordingly to individual funds. Workers compensation costs are charged to the various City funds and allocated to their individual departments based on employee salaries. 140 MUNICIPAL RESERVES FUND (continued) Budget Summary: 2016 2017 2015 Adopted 2016 Adopted Actual Budget Estimate Budget Operating revenues Charges for services 415,277$ 286,933$ 286,932$ 297,799$ Other 127,757 73,496 76,000 73,000 Total operating revenues 543,034 360,429 362,932 370,799 Operating expenses Other charges and services 433,532 491,097 478,623 501,340 Operating income 109,502 (130,668) (115,691) (130,541) Non-operating revenue (expense) Investment income 2,162 3,745 4,174 3,359 Transfer to General Fund (50,012) (51,512) (51,512) (53,057) Total non-operating (net)(47,850) (47,767) (47,338) (49,698) Change in net assets 61,652 (178,435) (163,029) (180,239) Net position, January 1 773,159 748,911 834,811 671,782 Net position, December 31 834,811 $ 570,476 $ 671,782 $ 491,543 $ CITY OF LAKEVILLE, MINNESOTA Schedule of Revenues, Expenses and Changes in Net Position Internal Service - Municipal Reserves Fund For the Year Ending December 31, 2017 141 Appendix 142 2015 2016 2016 2017 Position Title Actual Budget Estimated Budget General government City Administrator 1.0 1.0 1.0 1.0 Assistant City Administrator 1.0 1.0 1.0 1.0 Senior Administrative Assistant/Deputy Clerk 1.0 1.0 1.0 1.0 Communications Manager 1.0 1.0 1.0 1.0 Communications Specialist 1.0 1.0 1.0 1.0 Video Production & Tech 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 2.0 2.0 2.0 2.0 Planning Assisant/Code Enforcement 0.0 0.0 0.0 0.8 Planning Administrative Assistant 0.5 0.5 0.5 0.5 Community and Economic Development Director 1.0 1.0 1.0 1.0 Economic Development Specialist 0.9 1.0 1.0 1.0 Community and Economic Dev. Admin. Assistant 0.5 0.5 0.5 0.5 Building Official 1.0 1.0 1.0 1.0 Senior Inspectors 2.6 3.0 3.0 3.0 Building Inspectors 2.0 2.0 2.0 2.0 Building Senior Administrative Assistant 1.0 1.0 1.0 1.0 Building Administrative Assistant 1.0 1.0 1.0 1.0 Facility Maintenance Supervisor 1.0 1.0 1.0 1.0 Facility Attendants 0.0 0.0 1.9 2.6 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 0.8 1.0 1.0 1.0 Assistant Finance Director 0.1 1.0 1.0 1.0 Senior Accountants 2.9 3.0 2.7 3.0 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 0.8 0.0 0.0 0.0 Information Systems Manager 1.0 1.0 0.9 1.0 Information Systems Network Specialist 1.0 1.0 1.0 1.0 Information Systems Technician 1.0 1.5 1.1 2.0 Human Resources Manager 1.0 1.0 1.0 1.0 Benefits Specialist 1.0 1.0 1.0 1.0 Payroll Technician 1.2 2.0 2.0 2.0 Total general government 37.3 39.5 40.6 43.4 Number of City Employees (Full Time Equivalent) CITY OF LAKEVILLE, MINNESOTA 143 2015 2016 2016 2017 Position Title Actual Budget Estimated Budget Number of City Employees (Full Time Equivalent) CITY OF LAKEVILLE, MINNESOTA Public safety Police Sworn officers Chief 1.0 1.0 1.0 1.0 Deputy Chief 1.0 1.0 1.0 1.0 Lieutenants 4.0 4.0 4.0 4.0 Sergeants 5.0 5.0 5.0 5.0 Investigators 6.0 6.0 6.0 6.0 Narcotics Task Force Officer 1.0 1.0 1.0 1.0 DUI Enforcement Grant 0.5 1.0 1.0 1.0 Patrol Officers 34.3 35.4 35.8 38.0 Total sworn officers 52.8 54.4 54.8 57.0 Business Manager 1.0 1.0 1.0 1.0 Evidence Technician 1.0 1.0 1.0 1.0 Community Service Officers 4.8 4.8 4.6 4.8 Records Analyst 1.0 1.0 1.0 1.0 Police Administrative Assistants 4.7 4.7 4.7 4.7 Total police 65.3 66.9 67.1 69.5 Fire Fire Chief 1.0 1.0 1.0 1.0 Assistant Fire Chief 0.7 1.0 0.9 1.0 Fire Marshal 1.0 1.0 1.0 1.0 Fire Inspector 1.0 1.0 1.0 1.0 Fire Senior Administrative Assistant 1.0 1.0 1.0 1.0 Fire Administrative Assistant 0.6 0.6 0.6 0.6 Total fire 5.3 5.6 5.5 5.6 Total public safety 70.6 72.5 72.6 75.1 Public works Engineering City Engineer 1.0 1.0 1.0 1.0 Project Engineer 1.6 2.0 2.0 2.0 Civil Engineer 0.4 0.0 0.7 1.0 Graduate Engineer 0.4 1.0 0.0 0.0 Engineering Administrative Assistant 1.0 1.0 0.8 1.0 GIS Supervisor 1.0 1.0 1.0 1.0 GIS Technician 1.0 1.0 1.0 1.0 Total engineering 6.4 7.0 6.5 7.0 144 2015 2016 2016 2017 Position Title Actual Budget Estimated Budget Number of City Employees (Full Time Equivalent) CITY OF LAKEVILLE, MINNESOTA Public works (continued) Operations and Maintenance Operations and Maintenance (O & M) Engineer 1.0 1.0 0.8 1.0 O & M Construction Coordinator 0.0 0.0 0.9 0.8 O & M Engineer Coordinator 0.0 0.0 1.0 1.0 Senior Construction Representative 2.9 4.0 1.0 1.8 Total operations and maintenance 3.9 5.0 3.7 4.6 Streets Streets Superintendent 1.0 1.0 1.0 1.0 Streets Supervisor 1.0 1.0 1.0 1.0 Streets Lead Maintenance 1.0 1.0 1.0 1.0 Fleet Supervisor 1.0 1.0 1.0 1.0 Fleet Service Technician Lead 1.0 1.0 1.0 1.0 Streets Maintenance II 10.4 11.3 11.7 12.0 Fleet Service Technicians 4.0 4.0 4.0 4.0 Streets Administrative Assistant 1.0 1.0 1.0 1.0 Total streets 20.4 21.3 21.7 22.0 Total public works 30.7 33.3 31.9 33.6 Parks and recreation Parks Parks and Recreation Director 0.8 1.0 1.0 1.0 Parks Operations and Maintenance Manager 1.0 1.0 0.0 0.0 Parks Superintendent 0.0 0.0 0.5 1.0 Parks Supervisor 1.0 1.0 0.6 1.0 Parks Lead Maintenance 1.0 1.0 1.0 1.0 Parks Maintenance II 9.0 9.0 9.0 9.8 Parks Administrative Assistant 1.0 1.0 1.0 1.0 Parks Maintenance Administrative Assistant 1.0 1.0 1.0 1.0 Total parks 14.8 15.0 14.1 15.8 Recreation Recreation Supervisor 1.0 1.0 1.0 1.0 Recreation Program Supervisor 0.9 1.0 0.0 0.0 Recreation Administrative Assistant 1.0 1.0 1.0 1.0 Recreation Program Coordinator 1.0 1.0 1.0 2.0 Senior Center Administrative Assistant 0.7 0.7 1.2 1.4 Total recreation 4.6 4.7 4.2 5.4 Heritage Center Heritage Center Facility Attendant 0.9 0.9 0.9 0.9 Total Heritage Center 0.9 0.9 0.9 0.9 145 2015 2016 2016 2017 Position Title Actual Budget Estimated Budget Number of City Employees (Full Time Equivalent) CITY OF LAKEVILLE, MINNESOTA Parks and recreation (continued) Arts Center Arts Center Manager 1.0 1.0 1.0 1.0 Arts Center Administrative Assistant 1.0 1.0 1.0 1.0 Arts Center Facility Attendant 1.5 1.5 1.5 1.5 Pottery Manager 0.2 0.2 0.2 0.2 Total arts center 3.7 3.7 3.7 3.7 Total parks and recreation 24.0 24.3 22.9 25.8 Total general/special revenue fund employees 162.6 169.6 168.0 177.9 Liquor fund Operations Director 1.0 1.0 1.0 1.0 Store Managers 3.0 3.0 3.0 3.0 Administrative Services Manager 1.0 1.0 1.0 1.0 Inventory Control Technician 1.0 1.0 1.0 1.0 Assistant Store Managers 5.0 5.0 5.0 5.0 Lead Sales Associates 3.0 3.0 3.9 3.9 Sales Associates 10.4 10.4 9.9 9.9 Total liquor fund employees 24.4 24.4 24.8 24.8 Utility fund 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 Public Works & Facilities Coordinator 1.0 1.0 1.0 1.0 Utility Lead Maintenance 1.0 1.0 1.0 1.0 Utility Maintenance II 11.8 12.0 11.2 12.0 Utility Billing Technician 2.0 2.0 2.0 2.0 Utility Administrative Assistant 0.8 1.0 1.0 1.0 Environmental Resources Manager 1.0 1.0 1.0 1.0 Environmental Resources Specialist 1.0 1.0 1.0 1.0 Environmental Resources Technician 0.0 0.0 0.0 0.8 Forester 0.0 0.5 0.3 0.7 Total utility fund employees 21.6 22.5 21.5 23.5 Total general/special revenue fund employees 162.6 169.6 168.0 177.9 Total liquor fund employees 24.4 24.4 24.8 24.8 Total utility fund employees 21.6 22.5 21.5 23.5 Total City employees 208.6 216.5 214.3 226.2 146