Loading...
HomeMy WebLinkAboutItem 08Date December 20, 2010 Proposed Action Staff recommends adoption of the following motion: Move to approve the Resolution approving the 2011 Budget. Approval of the motion approves the 2011 budget. Overview The City Council approved the preliminary 2011 budget on September 7. The budget was presented and discussed at the Truth in Taxation hearing on December 6. The attached Resolution is consistent with the discussions at the November 22 and December 15 Council work sessions. Primary Issues to Consider • Changes to the budget since September 7 are shown on the attachment. Supporting Information • Budget Adjustments subsequent to September 7 Exhibits A — F. nance Director Resolutions Approving 2011 Budget Item No. Financial Impact: $ budgeted: Source: Various funds Related Documents (CIP, ERP, etc.): Notes: General Fund General property taxes 16,145,897 Licenses and permits 1,131,081 Intergovernmental revenue 961,415 Charges for services 1,221,772 Court fines 294,026 Investment income 125,175 Miscellaneous 81,707 Transfers from other funds 655,652 Mayor and Council 109,245 Committees /Commissions 84,991 City administration 324,397 City Clerk 115,569 Legal counsel 65,132 Planning 355,776 Community and econ. development 271,643 Inspection 940,930 General government facilities 502,975 Finance 570,747 Information systems 468,698 Human resources 305,390 Insurance 289,532 Police 8,503,589 Fire 1,313,579 Engineering 759,688 Streets 2,445, 319 Parks 2,160,919 Recreation 599,531 Arts Center 440,600 Other 211,864 Total General Fund 20,616,725 20,840,114 CITY OF LAKEVILLE RESOLUTION No. RESOLUTION APPROVING THE 2011 BUDGET BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the following 2011 budget, a copy of which is on file in the Finance Directors Office, is hereby approved and adopted. (continued) Fund /Department Revenues Expenditures ATTEST: RESOLUTION APPROVING THE 2011 BUDGET (continued Fund /Department Special Revenue Funds Communications Compensation Liability Environmental Resources Economic Development Debt Service Funds Charlene Friedges, City Clerk Enterprise Debt /Capital Revenues Expenditures Improvements 598,069 485,856 19,536 27,968 713,073 855,036 2,871 2,871 Special Assessments 1,114,800 1,893,720 Property Taxes 4,680,117 5,508,021 State -aid 828,276 829,668 Tax Increment 725,554 599,182 Water Revenue 1,292,380 1,292,380 Arena Revenue 189,259 197,426 HRA Lease Revenue 775,305 787,224 Capital Projects Funds Municipal state -aid 8,575 634,282 Pavement Management 1,550,458 1,646,186 Improvement Construction 5,252,350 5,430,000 Building 15,675 531,987 Equipment 1,357,959 2,379,712 Park Dedication 496,200 384,000 Trail 12,000 159,886 Storm Sewer 365,982 477,541 Water 2,045,554 1,644, 973 Sanitary Sewer 157,554 72,500 Tax Increment 218,139 217,607 Internal Service - Municipal Reserves Fund 433,445 424,497 Enterprise - Liquor Fund 14,980,905 14,798,595 159,000 Enterprise - Utility Fund 9,341,553 12,303,778 983,813 Grand Total 67,792,314 74,425,010 1,142,813 APPROVED AND ADOPTED this 20th day of December 2010 by the City Council of the City of Lakeville, Minnesota. CITY OF LAKFVILLE, MINNESOTA By: Holly Dahl, Mayor 2011 2012 GENERAL FUND ESTIMATE ESTIMATE GENERAL FUND REVENUES GENERAL PROPERTY TAXES Reduce 2011 tax levy ($5,000) to correspond with the elimination of the 2011 Mayor and Council goal setting retreat facilitator. General Property Taxes (5,000) (1) LICENSES AND PERMITS (2) Building permit revenue revised estimates. Plan review fees (23,929) (31,806) Building (57,676) (77,432) Plumbing (1,521) (2,058) Water /sewer (1,521) (2,059) Mechanical (2,417) (3 222) Electrical (2,416) (3,222) INTERGOVERNMENTAL REVENUE (3} Reduce State aid - police based on 2010 actual amount received. CHARGES FOR SERVICES REVENUE Police (4) Adjust Police security charges for Pan -O -Prog as follows: Lakeville Lions (Security, Beer, Brats & Bingo reimb.) 326 335 VFW (Security reimbursement) 27 27 Babe's (Security, Dance reimbursement) 149 153 MISCELLANEOUS REVENUE Pan -O -Prog Committee reimbursement for portable restrooms, (5) trash pickup, and staff time to deliver and pickup show mobile. 2,186 2,063 (continued) Total Revenue Adjustments - Increase (Decrease) EXHIBIT A (14,043) (14,043) (105,835) (131,264) GENERAL FUND EXPENDITURES MAYOR AND COUNCIL (6) Eliminate the 2011 Mayor and Council goal setting retreat facilitator ($5,000) and a corresponding tax levy reduction. Professional Services (5,000) COMMITTEES AND COMMISSIONS Pan -O -Proq - 1013 (7) Adjust Pan -O -Prog expenses based on the 2010 actual as follows: Personnel (Fireworks event) 463 477 Personnel (Non- Fireworks events) 5,268 5,427 Commodities (Non- Fireworks events) 1,234 1,289 Other Charges and Services (Fireworks event) (89) (121) Other Charges and Services (Non- Fireworks events) (41) (42) INSPECTIONS Adjust salaries and benefits based on 2010 personnel (8) transitions. ( 3,459 GENERAL GOVERNMENT BUILDINGS Adjust salaries and benefits based on 2010 personnel (9) transitions. (8,735) (6,010) POLICE Patrol - 1220 (10) Adjust personnel and clothing costs for a Patrol Officer to replace a Sergeant 1/1/2011. Wages and benefits (41,198) (32,477) Police Chaplain - 1236 (11) Remove the annual cost of pager rental for the Chaplain. (250) (250) New Police Station Building Maintenance - 1281 (12) Reduce cost of 2012 lunchroom floor covering replacement. (1,500) FIRE (13) Adjust salaries and benefits based on 2010 personnel transitions. ENGINEERING Add the cost of a Traffic Study for Traffic Concerns related to the (14) Lakeville South High School surrounding area conducted by SRF Consulting. PARKS (15) Adjust salaries and benefits based on 2010 personnel transitions. (16) Adjust warming house attendant wages based on normal weather patterns. (continued) 2 EXHIBIT A (Cont.) 2011 2012 ESTIMATE ESTIMATE (19,169) (17,007) 7,500 (11,451) (9,393) (4,054) (4,062) GENERAL FUND EXPENDITURES (Cont.) CONTINGENCY Reduce the 2010 - 2012 Contingency amounts to be used to (17) offset the above net budget adjustments for revenue and expenditures. OVERALL GENERAL FUND (18) Adjust 2011 - 2012 Contingency for dental insurance premiums based on estimated costs. Adjust Departments for vacation cash outs based on allowable (19) amounts (incl benefits) for 2011 only and reduce 2011 Contingency accordingly. General Fund Departments 2011 Contingency (20) Adjust the Administrative Sergeant Admin Pay (incl bene 2011 only and reduce 2011 Contingency accordingly. Administrative Sergeant 2011 Contingency (21) Adjust Police Officers for FTO Pay (incl benefits) for 2011 only and reduce 2011 Contingency accordingly. Police Patrol 2011 Contingency Adjust Police Officer uniform allowance based contractual (22) settlement for 2011 only and reduce 2011 Contingency accordingly. Police Clothing (uniform allowances) 2011 Contingency Total Expenditure Adjustments - Increase (Decrease) 3 s) fo EXHIBIT A (cont.) 2011 2012 ESTIMATE ESTIMATE (39,183) (79,968) 8,914 8,914 55,072 (55,072) 2,850 (2,850) 418 (418) 1 ,470 (1,470) (105,835) (131,264) DEBT SERVICE - PROPERTY TAXES FUND REVENUES The 2011 Proposed Equipment Fund budget provided the Issuance of Certificates of Indebtedness to fund the 2011 capital (1) outlay; the capital outlay will now be funded by a 2010 transfer from General Fund and 2010 fund balance carryforward. Remove the corresponding 2012 tax levy and related debt service payments. 2012 General property tax levy Total Revenue Adjustments - Increase (Decrease) 4 EXHIBIT B 2011 2012 ESTIMATE ESTIMATE (230,5992) (230,592) EXPENDITURES The 2011 Proposed Equipment Fund budget provided the Issuance of Certificates of Indebtedness to fund the 2011 capital (2) outlay; the capital outlay will now be funded by a 2010 transfer from General Fund and 2010 fund balance carryforward. Remove the corresponding 2012 tax levy and related debt service payments. 2011 Certificates principal maturities due in 2012 (215,000) 2011 Certificates interest on debt due in 2012 (13,263) 2011 Certificates fiscal charges due in 2012 (386) Total Expenditure Adjustments - Increase (Decrease) - (228,649) Net Changes - (1,943) CAPITAL PROJECTS IMPROVEMENT MUNICIPAL STATE -AID FUND EXPENDITURES Increase the City's 2011 cost of the Cedar Avenue 3rd lane - (1) 151st Street - 179th Street trail lighting by $359,000 and a corresponding reduction in year 2014 by same amount. Total Expenditure Adjustments - Increase (Decrease) 5 2011 2012 ESTIMATE ESTIMATE 359,000 359,000 Net Changes (359.008 EXHIBIT C CAPITAL PROJECTS IMPROVEMENT CONSTRUCTION FUND EXPENDITURES (1) Increase the City's cost share of the County Road 50/60 roundabout design consistent with Dakota County CIP, Total Expenditure Adjustments - Increase (Decrease) Net Changes 6 2011 2012 ESTIMATE ESTIMATE 45,000 45,000 (45,000) EXHIBIT D CAPITAL PROJECTS - EQUIPMENT FUND EXPENDITURES General Eliminate 2011 Issuance of Certificates of Indebtedness and (1) related debt issuance costs budgeted under general government expenditures ($21,685). Fire (2) SCBA Seat Brackets for new SCBA purchased in 2010. (18,282) Purchase tender truck (chassis portion only) in 2010. Truck body ) ( 3 ) (91,644 will be constructed in the 2011. Increase the cost of the 2011 tender truck body portion to be (4) constructed in 2011 based on the change order dated November 17, 2010. Streets (5) Adjust cost of 2 dump trucks with plows. (23,157) OTHER FINANCING SOURCES (USES) The 2011 Equipment Fund budget provided the Issuance of Certificates of Indebtedness to fund the 2011 capital outlay; the (6) capital outlay will now be funded by a 2010 transfer from General Fund and 2010 fund balance carryforward. Remove the 2011 Certificates and related debt issuance costs budgeted under general government expenditures ($21,685). Total Expenditure Adjustments - Increase (Decrease) Net Changes 7 EXHIBIT E 2011 2012 ESTIMATE ESTIMATE (21,685) 1,366 655,000 524,755 (23,157) (524,755) 23,157 UTILITY FUND - SANITARY SEWER OPERATION EXPENSES (1) Adjust MCES budget based on actual. Total Expense Adjustments - Increase (Decrease) Net Changes 8 EXHIBIT F 2011 2012 ESTIMATE ESTIMATE 9,001 9,391 9,001 9,391 (9,001) (9,391)