City of Marshall2015 Budget/Tax Levy

Public HearingDecember 9, 2014

6:30 p.m.

Office of the City Administrator

Budget/Tax Levy Meeting

Initial Hearing, 6:30 P.M. December 9, 2014 Continuation Hearing 5:30 P.M. December

23, 2014 (if continued by Council tonight). Adoption, December 23, 2014

Presentation

Focus on those funds related to property tax levies.

Historical information on tax rates. Revenues and Expense Summaries 2015. Public Comment or Questions.

Certified Levy 2014 $5,119,357 Certified Preliminary Levy 2015 $5,380,444 The proposed increase from 2014-2015 is

$261,087, or increase of 5.1%.

Proposed Tax Levy

Total proposed — All non-property tax = Property tax revenue needed (levy)local budget revenue, eg:

*State aid*Fees, etc.

Taxable x State mandated class = Total "tax capacity" market value rates

Property tax ÷ Total "tax capacity" = Property tax rate ("tax capacity" revenue needed extension rate)(levy)

How are property tax rates determined?

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Proposed

15%

20%

25%

30%

35%

40%

45%

50%

55%

60%

34.030%

36.660%

34.220%33.845%

32.446%

28.686% 28.841%29.752%

29.404%

24.212%

24.631%

53.280%

50.540%

47.430%

48.794%

50.331%

44.144%

41.567%

41.010%

36.427%

31.760% 31.811%

46.460% 46.870% 46.570%

51.770%

49.026% 49.102%

49.741%

50.106%

50.195% 50.192%

50.991%

History of Local (Tax Capacity Rates)

School County City

PAYABLE YEARS 2005 - 2015

Tax C

apaci

ty R

ate

s

County

City

School

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Tax Capacity Without TIF 6777687 7463527 8215275 8520358 9061565 9506725 9663390 9605127 9913382 10745011 11163962

TIF Tax Capacity 1145119 1157109 1211481 1248477 1302986 969691 936888 594484 598146 545463 597760

Series3 NaN NaN NaN NaN NaN NaN NaN NaN NaN NaN NaN

Total Tax Capacity 7922806 8557866 9426756 9768835 10364551 10476416 10600278 10199611 10511528 10199548 10566202

500,000

1,500,000

2,500,000

3,500,000

4,500,000

5,500,000

6,500,000

7,500,000

8,500,000

9,500,000

10,500,000

11,500,000

City of MarshallTax Capacity - (2005- 2015)

Property & Franchise Taxes

436432139%

Licenses & Permits300435

3%Intergovernmental Revenues

306420828%

Charges For Service1832978

16%

Fines & Forfeits110900

1%

Misc. Revenues244592

2%

Other Financing Sources1220993

11%

GENERAL FUND FY 2015 REVENUES

$11,138,427

General FundREVENUE COMPARISONS

2013 - 2015REVENUE COMPARISONS AUDIT 2013 BUDGET 2014

PROPOSED BUDGET 2015 DIFFERENCE $

DIFFERENCE %

Taxes $3,901,645.00 36.98% $3,855,392.00 37.04% $4,364,321.00 39.18% $508,929.00 13.20%

-Current Ad Valorem 3,293,637 31.21% 3,270,392 31.42% 3,711,821 33.32% $441,429.00 13.50%

-Franchise Tax 607,920 5.76% 585,000 5.62% 652,500 5.86% $67,500.00 11.54%

-Special Levies 88 0.00% 0 0.00% 0 0.00% $0.00 #DIV/0!

-Lodging Tax 0 0.00% 0 0.00% 0 0.00% $0.00 #DIV/0!

Licenses & Permits $351,608.00 3.33% $302,840.00 2.91% $300,435.00 2.70% -$2,405.00 -0.79%

Intergovernmental

Revenues $2,819,949.00 26.73% $2,984,422.00 28.67% $3,064,208.00 27.51% $79,786.00 2.67%

-Federal Grants 0 0.00% 0 0.00% 0 0.00% $0.00 #DIV/0!

-State 2,744,238 26.01% 2,908,762 27.94% 2,988,548 26.83% $79,786.00 2.74%

-Other Govt. Units 75,711 0.72% 75,660 0.73% 75,660 0.68% $0.00 0.00%

Charges For Service $1,251,113.00 11.86% $1,309,249.00 12.58% $1,832,978.00 16.46% 523,729.00 40.00%

Fines & Forfeits $121,536.00 1.15% $121,050.00 1.16% $110,900.00 1.00% (10,150.00) -8.38%

Misc. Revenues   $388,784.00 3.68%   $232,550.00 2.23%   $244,592.00 2.20%   12,042.00   5.18%

Sub-Total

REVENUES $8,834,635.00 83.73% $8,805,503.00 84.59% $9,917,434.00 89.04% 1,111,931.00 12.63%

Other Financing Sources $1,716,859.00 16.27% $1,604,597.00 15.41% $1,220,993.00 10.96% (383,604.00) -23.91%

TOTAL REVENUES $10,551,494.00 $10,410,100.00 $11,138,427.00 $728,327.00 7.00%

General Fund$3,707,821

69%

Library$554,034

10%

Economic Development $119,677

2%

Debt Service$933,198

18%

Debt Service (Abatement), $65,714, 1%

TOTAL $5,380,444

2015 Marshall Property Tax Levy

Fund Description Property Tax Levy Funding ($)

General Fund $3,707,821

Library $554,034

Economic Development $119,677

Debt Service $933,198

Debt Service (Abatement) $65,714

Subtotal $5,380,444

2015 ProposedUse of Property Tax Revenue

HOW IS MY 2015“CITY”TAX DOLLAR ($1.00) SPENT?

General Fund LibraryDebitService (1)

Economic Development (2)

69¢ 19¢10¢ 2¢

14¢ - General Government – (Senior Center, Transit, Data Processing, Municipal Building, Community Development, Administration, Finance/Clerk, Assessing, Legal, Cable, Mayor/Council, Motor Pool, Duplication, Safety, Human Rights)

21¢ - Public Safety – (Police, Fire, Emergency Management, Animal Control, Chemical Assessment Team, Ambulance Bldg.)

22¢ - Public Works – (Engineering, Street, Airport, Street Lighting, Building Inspection, Public Way Maintenance)

10¢ - Culture & Recreation – (Parks, Recreation, Community Education, Aquatic Center, Band, Ice Arena, Youth Development, Community Services Administration/General)

69¢

02¢ - Other– (Transfer to Capital Equipment Fund)

GENERAL GOVT.2340332

21%

PUBLIC SAFETY3314667

30%

PUBLIC WORKS3525184

32%

CULTURE & RECREATION1621658

15%

OTHER339085

3%

GENERAL FUND FY 2015 EXPENDITURES

TOTAL $11,140,926

General FundEXPENDITURE COMPARISONS

2014-2015

Departments Budget 2014  Proposed Budget

2015   Difference $ Difference %

Mayor & Council $193,254 1.86% $174,280 1.56% ($18,974) -9.82%

Human Rights Comm. $4 0.00% 2 0.00% ($2) -50.00%

Cable Comm. $133,835 1.29% 123,612 1.11% ($10,223) -7.64%

City Administration $337,684 3.24% 356,486 3.20% $18,802 5.57%

Finance/Clerk/Treas. $388,214 3.73% 404,905 3.63% $16,691 4.30%

City Assessing $294,704 2.83% 302,388 2.71% $7,684 2.61%

Legal $114,376 1.10% 116,975 1.05% $2,599 2.27%

Community Dev. $138,301 1.33% 159,353 1.43% $21,052 15.22%

Municipal Building $256,566 2.46% 268,077 2.41% $11,511 4.49%

Safety Comm. $14,635 0.14% 14,428 0.13% ($207) -1.41%

Data Processing $128,231 1.23% 227,366 2.04% $99,135 77.31%

Duplication $18,045 0.17% 16,531 0.15% ($1,514) -8.39%

Motor Pool $4,773 0.05% 3,552 0.03% ($1,221) -25.58%

Transit Service $28,000 0.27% 14,400 0.13% ($13,600) -48.57%

Adult Community Center $153,563 1.47% 157,977 1.42% $4,414 2.87%

TOTAL            

GENERAL GOVT. $2,204,185 21.17% $2,340,332 21.01% $136,147 6.18%

Police 2,619,538 25.16% 2,658,303 23.86% $38,765 1.48%

Ambulance - Bldg. 0 0.00% 0 0.00% $0 #DIV/0!

Chemical Assessment Team 57,000 0.55% 61,886 0.56% $4,886 8.57%

Emergency Mgmt Serv 9,559 0.09% 10,061 0.09% $502 5.25%

Fire 630,528 6.06% 561,903 5.04% ($68,625) -10.88%

Animal Control 22,876 0.22% 22,514 0.20% ($362) -1.58%

TOTAL            

PUBLIC SAFETY $3,339,501 32.07% $3,314,667 29.75% ($24,834) -0.74%

General FundEXPENDITURE COMPARISONS

2014-2015

Departments Budget 2014  Proposed Budget

2015   Difference $ Difference %

Engineering 730,630 7.02% 793,262 7.12% $62,632 8.57%

Bldg Inspection & Zoning 324,093 3.11% 396,874 3.56% $72,781 22.46%

Streets & Alleys 1,373,397 13.19% 1,437,558 12.90% $64,161 4.67%

Airport 485,679 4.66% 521,267 4.68% $35,588 7.33%

Public Way Maintenance 123,396 1.19% 94,681 0.85% ($28,715) -23.27%

Street Lighting 210,110 2.02% 281,542 2.53% $71,432 34.00%

TOTAL            

PUBLIC WORKS $3,247,305.00 31.19% $3,525,184.00 31.64% $277,879 8.56%

Aquatic Center & Skate Park 224,612 2.16% 233,085 2.09% $8,473 3.77%

Park Maintenance 581,575 5.59% 550,204 4.94% ($31,371) -5.39%

Municipal Band 10,350 0.10% 14,607 0.13% $4,257 41.13%

Library 15,197 0.15% 0 0.00% ($15,197) -100.00%

Ice Arena 35,698 0.34% 50,059 0.45% $14,361 40.23%

Comm Serv Admin 332,646 3.19% 341,425 3.06% $8,779 2.64%

Youth Development 38,472 0.37% 38,508 0.35% $36 0.09%

Community Services Gen 17,764 0.17% 16,568 0.15% ($1,196) -6.73%

Community Education 167,155 1.61% 179,538 1.61% $12,383 7.41%

Recreation 173,479 1.67% 197,664 1.77% $24,185 13.94%

TOTAL            

COMMUNITY SERVICES $1,596,948 15.34% $1,621,658 14.56% $24,710 1.55%

Capital Equipment $0 0.00% $339,085 3.04% $339,085 #DIV/0!

Insurance Contingency $25,000.00 0.24% $0.00 0.00% ($25,000) -100.00%

TOTAL            

EXPENDITURES $10,412,939 100% $11,140,926 100% $727,987 6.99%

GENERAL FUNDExpenditure Breakdown By

Type2014 vs 2015

Budget Proposed 14 to 15

Type of Expenditure 2014 2015 Difference

A. Personnel Services $6,597,854 (63.36%) $6,953,494 (62.41%) $355,640 (5.39%)

B. Supplies and Other

Services/Charges (O&M) 3,435,803 (33.%) 3,848,347 (34.54%) $412,544 (12.01%)

C. Capital Outlay 0 (.%) 0 (.%) $0 #DIV/0!

D. Debt Service/Transfers 379,282 (3.64%) 339,085 (3.04%) -$40,197 -(10.6%)

Total all Types $10,412,939 100.00% $11,140,926 100.00% $727,987 (6.99%)

City of Marshall2015 Budget & Levy Public Hearing

Tuesday, December 9, 2014 - 6:30 P.M.Professional Development Room

Marshall Middle School, 401 South Saratoga Street

1. Public Hearing on 2015 Budget & LevyA. Staff PresentationB. Public Comment

2. Continuation Hearing of 2015 Property Tax Levy/Budget:(if necessary)

December 23, 20146:30 P.M.

Marshall Middle School, 401 South Saratoga Street

3. Adoption of 2015 Property Tax Levy/Budget:Regular City Council Meeting

December 23, 20146:30 P.M.

Marshall Middle School, 401 South Saratoga Street

2014Revenues

2015Revenues

831,424 823,034

2013 Expenses

2015Expenses

862,316 *905,874

Marshall-Lyon County Library

* Based on original budget submitted in September. Library Board December 9th tentative changes approved.

2014Revenues

2015Revenues

119,677 119,677

2014 Expenses

2015 Expenses

129,641 129,817

Economic Development

2015Revenues ($)

2015Expenses ($)

Wastewater 5,114,656 6,421,912

Stormwater 952,665 1,832,417

Liquor Store 3,997,768 3,885,321

Enterprise Funds