Transcript Town of Carrboro FY2012-2013 Recommended Budget

Town of Carrboro
FY 2015-2016
Recommended Budget
May 5, 2015
Goals for FY 2015-2016
Town Budget
• Implement the Board’s
strategic priorities
• Manage costs while
improving services
• Develop a balanced
budget with no property
tax rate increase
Recommended Budget
Fund
General Fund
Special Revenue Fund
Capital Fund
Total All Funds
Budget
$21,559,541
$775,506
$7,065,382
$29,400,429
General Fund Revenue
Budget
FY 2013/14
Actual
Property Tax
FY 2014/15
Budget
FY 2015/16
Recommended
Budget
Change
($)
Change
(%)
$11,792,234
$12,166,764
$12,315,470
$148,706
1.2%
Local Sales Tax
$3,567,123
$3,371,537
$3,825,686
$454,149
13.5%
All Other
Revenue
$4,739,018
$5,775,502
$5,418,385
($357,117)
(6.2%)
$20,098,375
$21,313,803
$21,559,541
$245,738
1.2%
Total
Revenues
Property Tax Revenue
Change
from
FY
2014/15
Budget
Change
FY 2013/14
Actual
FY 2014/15
Budget
FY 2015/16
Recommended
Budget
Assessed
Valuation
$2,088,514,087
$2,033,220,055
$2,109,399,228
$20,885,141
1.0%
Tax Rate
$0.5894
$0.5894
$0.5894
$0.0000
0.0%
Revenue
$11,792,234
$12,166,764
$12,315,470
$148,706
1.2%
(%)
Local Sales Tax Revenue
Fiscal Year
Amount
Dollar
Change
Percent
Change
FY 2009-10
Actual
$3,039,932
($97,904)
(3.1%)
FY 2010-11
Actual
$3,113,356
$73,424
2.4%
FY 2011-12
Actual
$3,308,060
$194,704
6.3%
FY 2012-13
Actual
$3,427,678
$119,618
3.6%
FY 2013-14
Actual
$3,567,123
$139,445
4.0%
FY 2014-15
Budget
$3,371,537
($195,586)
(0.5%)
FY 2015-16
Budget
$3,825,686
$454,149
13.5%
All Other
Revenue Sources
FY 2013/14
Actual
FY 2014/15
Budget
FY 2015/16
Budget
Change
($)
Change
(%)
Intergovernmental
$1,757,458
$1,511,120
$1,523,243
$12,123
0.8%
Other Taxes & Licenses
$1,316,876
$519,728
$879,378
$359,650
69.2%
Fees & Permits
$1,249,319
$1,336,731
$1,233,402
($103,329)
(7.7%)
$0
$2,006,196
$1,374,036
($632,160)
(31.5%)
$415,365
$401,727
$408,326
$6,599
1.6%
$4,739,018
$5,775,502
$5,418,385
($357,117)
(6.2%)
Other Financing
Sources
All Other
Total – All Other
Revenue Sources
Personnel
Department
FY 2014-15
Positions
FY 2015-16
Positions
Change
General Government
Police
Fire & Rescue
Planning
Recreation & Parks
Public Works
Total
17.5
42.0
37.0
14.0
12.5
35.0
158.0
18.0
42.0
37.0
13.5
13.0
35.0
158.5
0.5
0
0
(.5)
0.5
0
0.5
2.0% COLA Cost Impact
Additional Salary Cost
Additional Benefits Cost*
Total Cost
$159,312
$27,593
$186,905
*FICA, Local Government Employee Retirement System, and Supplemental Retirement Program
Basis for
COLA Recommendation
Fiscal Year
Salary Adjustment
CPI
Employee
& Children
(Annual Cost)
Employee
& Spouse
(Annual
Cost)
Family
(Annual
Cost)
2009-2010
None
4.3%
$2,416.80
$3,088.08
$4,967.76
2010-2011
$455 Lump Sum
1.4%
$2,731.20
$3,489.60
$5,613.84
2011-2012
$750 - $1,250 Lump
Sum
4.0%
$2,953.80
$3,774.24
$6,071.76
2012-2013
3% COLA
3.2%
$2,867.76
$3,664.32
$5,894.88
2013-2014
1.9% COLA
1.9%
$2,867.76
$3,664.32
$5,894.88
2014-2015
2.0% COLA
1.9%
$3,146.88
$4,021.20
$6,468.48
2015-2016
2.0% COLA
1.9%
$3,779.86
$4,825.44
$7,762.18
Housing Wage Strategy
•
In FY 2014-15, 15 Positions < $31,158 Housing Wage
•
Identified strategy would take seven of 15 to Housing Wage in
FY 2014-15
•
Goal for FY 2014-15 has been accomplished; seven positions
combination of COLA & Merit have actual salary range between
between $31,288 and $33,009
•
Recommend Final Implementation by FY 2016-17
FY 2015-16
Housing Wage Adjustment
Note: Employees receiving Housing Wage Adjustment would not receive 2% COLA adjustment.
Position
GROUNDSKEEPER I
PROGRAM SUPPORT ASSISTANT I
GROUNDSKEEPER I
GROUNDSKEEPER I
COLA &
New
Current
Housing
Annual
Salary
Wage
Salary
Adjustment
FICA
LGERS
401 K
Salary
Increase
$28,519
$2,639 $31,158
$202
$176
$79
9.3%
$28,532
$2,626 $31,158
$201
$175
$79
9.2%
$29,032
$2,126 $31,158
$163
$142
$64
7.3%
$29,032
$2,126 $31,158
$163
$142
$64
7.3%
$9,517
$728
$635
$286
Totals
Total Salary and Benefits Costs $11,165
FY 2016-17
Housing Wage Adjustment
Position
Current Salary
Housing Wage New Annual
Adjustment
Salary
FICA
LGERS
Salary
Increase
401 K
Salary adjusted by FY 2015-16 COLA @ 2%
GROUNDSKEEPER I
$29,727
$1,431
$31,158
$109
$95
$43
4.8%
MAINTENANCE/CONSTRUCTION
WRKER
$29,788
$1,370
$31,158
$105
$91
$41
4.6%
MAINTENANCE/CONSTRUCTION
WRKER
$ 30,961
$197
$31,158
$15
$13
$6
0.6%
SOLID WASTE EQUIP OPERATOR I
$31,016
$142
$31,158
$11
$9
$4
0.5%
SOLID WASTE EQUIP OPERATOR I
$31,016
$142
$31,158
$11
$9
$4
0.5%
Totals
$3,281
Total Salary and Benefits Costs
$3,849
$251
$219
$98
Health Insurance Premiums
Health Insurance
Amount
FY 2014-15 Budget
$1,516,616
FY 2015-16 Budget
$1,810,743
Premium Increase (19.4%)
$294,127
Employee & Organizational
Development
• Better Together Events - $10,000
• Diversity Training (All Employees) - $5,000
• Employee Wellness Program - $5,000
• Supervisory Training - $8,000
• GO Passes for Triangle Transit - $
Board of Aldermen
• Travel, Conferences, Retreat- $10,500
• Triangle J Clean Cities Coalition - $500
• Arts Committee - $7,000
• Student Intern - $5,000
Programs & Services
•
•
•
•
•
•
•
•
•
•
Economic Development
Community Funding
Affordable Housing
Chapel Hill Transit
Recreation & Parks
Technology
Planning
Public Works
Sidewalks & Greenways
Debt Service
Economic Development
•
Carrboro Branding & Marketing Campaign
–
•
$12,000 The Splinter Group
Local Living Economy & Entrepreneurial
Initiatives - $10,000
•
•
•
•
Parking Agreements - $46,630
–
$41,630 300 E. Main Parking Deck
–
$5,000 Kalisher Agreement
Economic Development Revolving Loan Fund
–
7 Active loans with an outstanding principal of $186,792
–
$374,423 available for new loans in FY 2015-2016
Energy Efficiency Revolving Loan Fund
–
5 Loans with an outstanding principal of $80,187
–
$57,838 available for new loans in FY 2015-2016
Business Loan Fund
–
1 Loan with an outstanding principal of $9,833
–
$119,958 available for new loans in FY 2015-2016
Community Funding
FY 20142015
Budget
Arts Center
FY 20152016
Budget
Change
(%)
$15,300
$15,300
0.0%
Human Services Grants
$200,000
$220,000
10.0%
Community Home Trust
$35,000
$64,000
82.9%
$500
$500
0.0%
El Centro Hispano
$36,970
$36,970
0.0%
Home Consortium
$12,943
$10,525
(18.7%)
Partnership to End
Homelessness
$15,531
$15,531
0.0%
Community Dinner
Affordable Housing Fund
Est. Fund Balance July 1, 2015
$34,750
General Fund Contribution
Funding in FY 2015-16
$165,250
Total General Fund Contributions
for 2015-16 (1₵ for Housing)
$200,000
Est. Net Proceeds – Sale of Real
Property
Funds Available for FY 2015-2016
Payments to CHT,HC,PTEH,HS
Grants in FY 2015-16
$TBD
$200,000+
$124,056
Chapel Hill Transit
20102011
Actual
20112012
Actual
20122013
Actual
20132014
Actual
20142015
Budget
20152016
Budget
Amount
$1,032,835
$1,032,835
$1,286,714
$1,396,423
$1,472,520
$1,532,893
Change
($)
$0.00
$0.00
$253,879
$109,709
$76,097
$60,373
Change
(%)
0.0%
0.0%
24.6%
8.5%
5.4%
4.1%
Recreation and Parks
Programs
• Community Events
 Music Festival–
$35,500
 Film Festival – $13,950
 Carrboro Day - $9,200
 Poetry Alive - $4,250
 July 4th - $20,000
 Open Streets - $10,000
• Freight Train Blues Series
 Request of $25k from
CTDA
Recreation and Parks
Capital Improvements
•
•
•
•
Anderson Park Ball Field Fence Replacement - $105,880
Anderson Park Pavilion Replacement - $51,000
Registration & Reservation Software Replacement - $58,000
MLK Park (Design Only) - $150,000
Technology
• Development Services Permitting
Software - $230,000
• Police Officer Body-Worn Cameras
(42) - $91,000
• Rogers Road Fiber Conduit $155,000
• Fire and Police Motorola Radios
(136) - $273,000 ($819,000 over
three years)
Planning Department
• Parking Study - $75,000
• Gold Level Designation from The League of American
Bicyclists -$21,000
• MPO Matching Costs - $15,650
Public Works Equipment
•
•
•
•
Street Sweeper ($240,000)
Tractor Mower – ($109,000)
Mower – ($37,768)
Snow Blower – ($21,000)
Public Works
Studies & Projects
Century Center HVAC – ($180,000)
Town Commons (Design) – ($107,300)
Asphalt Repair at PW Yard – ($69,500)
Street Resurfacing – ($601,400)
Comprehensive Solid Waste Study –
($50,000)
• Entryway Signage – ($74,000)
• LED Streetlights – ($100k)
•
•
•
•
•
Town Commons
Improvements
FY 2015-16
FY 2016-17
FY 2017-18
TOTAL
Costs
Design
$
107,300
Phase I
$
$
107,300
$
464,300
$
353,500 $
353,500
464,300 $
353,500 $
925,100
464,300
Phase II
TOTAL $
107,300
$
20,000
$
10,000
$
30,000
$
175,000
$
175,000
Revenues
Farmers Market $
Grants
Town
$
87,300
$
279,300 $
353,500 $
720,100
T0TAL $
107,300
$
464,300 $
353,500 $
925,100
Flooding Mitigation Projects
•
•
•
High Priority – ($432,800)
– Stream Bank Adjacent to PW – ($127,900)
– Lorraine Street – ($113,500)
– Carol Street – ($110,800)
– Rainbow Street – ($80,600)
Medium Priority – ($933,200)
– 1020 West Main – ($323,400)
– 408 Broad Street – ($43,000)
– Old Pittsboro Road – ($566,800)
Lower Priority – ($310,800)
– Morningside Drive – ($100,200)
– Public Works Drive – ($210,600)
Stormwater Management
•
•
•
•
•
Jordan Lake Rules: 8% reduction in N by 2026 per EPA CWS
NC postponed implementation, but Federal government has not
Town’s CIP: $3.9M of related capital projects over 5–10 years
Estimated annual funding for staffing and capital: $500k per year
= property tax increase of 2½¢
Staff recommends 1 year delay of $483k project identified in FY
2015-16 while Town explores options, which might include:
– Regional partnerships
– Stormwater Utility Fund funded by:
• Earmarked property taxes
• Stormwater utility fee
Sidewalks & Greenways
Jones Creek
Prior
FY
FY
FY
Years
2015-16
2016-17
2017-18
$
- $
FY
FY
FY
2018-19 2019-20 2020-21
29,388 $
308,569
$
-
$
-
$
-
$
-
2021-2022
Project
& Beyond
Totals
$ 1,115,504 $ 1,453,461
Morgan Creek
258,683
68,974
103,648
539,886
-
-
-
2,181,281
3,152,472
S. Greensboro
-
105,130
440,896
405,756
242,774
-
-
-
1,194,556
Homestead CH
MUP
223,957
60,267
622,712
204,308
-
-
-
-
1,111,244
Rogers Road
390,658
981,000
Totals
$ 873,298 $ 1,244,759 $ 1,475,825
1,371,658
$ 1,149,950
$ 242,774
$
-
$
-
$ 3,296,785 $ 8,283,391
FY 2015-2016
Debt Service
Project
Debt Issue
FY 2013-14
Actual
FY 2014-15
Budget
FY 2015-16
Budget
Installment Debt:
Fire Station #2
Vehicle/Equipment IP
$3,250,000
N/A
Total Installment Debt
$315,873
$616,944
$307,055
$557,836
$298,237
$533,237
$932,817
$864,891
$831,474
$359,667
$359,667
$350,000
$350,000
$338,286
$338,286
$1,292,484
$1,214,891
$1,169,060
General Obligation (GO)
Debt:
Sidewalks and Greenway
GO Bonds
Total GO Debt
TOTAL ALL DEBT
$4,600,000
Budget Development Schedule
• May 12: Board Holds 1st Budget Work
Session
• May 26: Public Hearing on Recommended
Budget
• June 2: 2nd Budget Work Session (optional)
• June 16: Board Adopts FY 2015-2016 Budget
Questions?