Transcript Slide 1

Fiscal Year 2014/15
Budget Highlights
Public Information Meeting 2/19/14
$ 89.8 million
1


Maintains the levy rate at $12.55
Funds final agreements with all bargaining units
• Within Mayor & Council’s guidelines

Reduces reliance on Gaming Revenue to supplement
operating budgets.
• Increases funding for one-time capital projects.
• Increases available fund balance over the next 5 years.



Increases available fund balance in Sales Tax over the
next 5 years
Provides funding for additional full-time positions
Funds an aggressive capital improvement program
2
“Stays the course” and “follows the financial plan”
we established several years ago and continues our
history of:

Conservative spending

Maintaining healthy cash reserves

Strong fiscal planning and adherence to fiscal
policies
We continue to realize:

Stable revenue streams

Significant levy growth available under $8.10 and
ability to implement benefit levies.
3
First Key Area: We continue to recognize the need for human
resources and operating budgets to grow as the city grows

For the first time in several years, we are recommending additional fulltime positions for an Administrative Assistant in HR/Legal and
Equipment Operators in Storm Water and Palmer Hills


We will continue to thoroughly review vacant positions in an effort to
downsize, through restructuring and realignment of duties where possible.
Operating budgets reflect only marginal increases

Under utilized and/or outdated programs and services continue to
be reviewed for future funding
4
Second Key Area: We continue to fund an aggressive CIP program to
maintain/upgrade our existing infrastructure and support our growing
community with quality amenities.

FY 14/15 funds $15.4 million of capital projects and maintains the
debt levy at $5.00 per $1,000 of taxable value



As a growing community we realize that financing an aggressive
CIP program equates to having a higher debt levy rate and
corresponding debt margin ratio than many comparable cities.
The 5-year plan does however, decrease our debt margin ratio by
8% to just under 70% by the end of FY 18/19, while still allocating
significant future tax dollars to support projects for our growing
community.
We recognize the ongoing flexibility available to the City in
reducing the debt levy and corresponding CIP projects if needed
to balance future operating budgets.
5
Third Key Area: We remain committed to making the difficult decision of
increasing revenues through taxes and user fees “incrementally”, if
needed, to balance our budget annually as costs increase.
1. We do not endorse deferring or holding off on raising fees and taxes
only to later “spike” the rates to balance the budget
 This year we are recommending maintaining the levy rate at $12.55.
However, the impact will be:


2.87% reduction to existing commercial property
Offset by a 2.68% increase on existing residential property
(Direct result of the NEW 5% rollback on commercial property)

The budget as proposed, also reflects marginal, “planned” increases in
user fees for Garbage/Recycling, Storm Water, Sewer, LFC and
Palmer Hills.

IMPACT: The City’s overall cost of services including property
taxes, sewer and storm water fees and solid waste fees remains
the 3rd lowest among our sample of 30 Iowa cities with
populations of 10,000 or more.
6
Where the money comes from FY 14/15
Net of transfers, Internal Service Funds & Debt Service
Source
Property taxes
TIF revenues
Other city taxes
Licenses & permits
Use of money
Intergovernmental
Charges for services
Special assessments
Miscellaneous
Other financing sources
Total net of transfers, internals & debt service
Transfers in
Bond proceeds
Internal Service Funds
Total Budget
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
FY 13/14
22,997,618
2,023,819
8,232,469
741,810
444,012
6,324,082
11,527,662
24,295
1,562,857
1,425,000
55,303,624
6,157,987
22,970,000
6,961,983
91,393,594
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
FY 14/15
23,816,801
1,943,186
8,534,186
741,810
425,350
9,537,046
12,098,513
24,295
1,143,212
1,947,500
60,211,899
9,628,621
7,453,566
77,294,086
Special assessments
0.04%
Charges for services
20.09%
Miscellaneous
1.90%
Other financing sources
3.23%
Intergovernmental
15.84%
Use of money
0.71%
Licenses & permits
1.23%
Property taxes
31%
Other city taxes
14.17%
TIF revenues
3.23%
7
Where the money goes FY 14/15
Net of transfers, Internal Service Funds & Debt Service
Category
Public Safety
Public Works
Culture & Recreation
Community & Economic Development
General Government
Capital Projects
Business Type/Enterprises
Total net of transfers, internals & debt service
Transfers out
Debt Service
Internal Service Funds
Total Budget
FY 13/14
10,865,287
3,373,238
4,206,263
1,799,971
3,715,645
19,153,691
16,920,826
60,034,921
6,157,987
12,664,188
6,992,783
85,849,879
FY 14/15
11,133,214
3,396,189
4,322,097
1,751,122
3,873,643
18,135,115
17,498,726
60,110,106
9,628,621
12,546,988
7,478,026
89,763,741
General Government
6.44%
Community &
Economic
Development
2.91%
Capital Projects
30.17%
Culture & Recreation
7.19%
Public Works
5.65%
Public Safety
18.52%
Business
Type/Enterprises
29.11%
8
1) Maintain the City’s Levy Rate at $12.55


Bettendorf is one of a few Iowa cities
with a General Fund levy below $8.10.
This allows for future growth
capacity of 48%, equating to nearly
$5 million of potential property taxes.
General Fund
In addition, the City has the ability to
levy taxes for:
◦ IPERS & FICA ($1.54 million)
◦ Emergency levy of $0.27 if needed.
($504,000)
FY 13/14
FY 14/15
$7.55
$5.44
Health
Insurance
0
1.09
Liability
Insurance
0
0.26
Police & Fire
Pension
0
0.76
Debt Service
$5.00
$5.00
$12.55
$12.55
Levy Rate
9
Commercial (Rollback reduced from 100%
to 95%)
$500,000 Assessed Value
Residential (Rollback increased from 52.8%
to 54.4%)
Impact - Avg. 2.87% decrease
-$337.50
(-$28.13 per month)
Impact – Avg. 2.68% increase
$100,000 Assessed Value
+$19.86 ($1.66 per month)
$165,260 Assessed Value (Median)
+$32.82 ($2.74 per month)
$250,000 Assessed Value
+$49.65 ($4.14per month)
Direct result of the NEW 5% rollback on commercial property
10
Gross value comparison,
Taxable value comparison,
residential vs. commercial
residential vs. commercial
Residential
Commercial
Residential
Commercial
81.95%
72.52%
81.97%
66.76%
16.50%
08/09
16.39%
14/15
30.46%
08/09
25.16%
14/15
Anticipate the trend of shifting tax burden to residential
property owners to continue over the next several years.
11
Taxes Current Year
How We Compare to Other Cities?
Our sample of 30 Iowa Cities with populations > 10,000 in order by Total Levy Rate
Altoona
Urbandale
Clive
Pella
Ames
Dubuque
North Liberty
Johnston
Spencer
Cedar Falls
Ankeny
West Des Moines
Bettendorf (FY 14/15 Levies)
Carroll
Waukee
Coralville
Storm Lake
Fort Madison
Newton
Cedar Rapids
Muscatine
Burlington
Keokuk
Sioux City
Davenport
Iowa City
Des Moines
Waterloo
Council Bluffs
Ottumwa
Average of 30 Cities
Census
14,541
39,463
15,447
10,352
58,965
57,637
13,374
17,278
11,233
39,260
45,582
56,609
33,217
10,103
13,790
18,907
10,600
11,051
15,254
126,326
22,886
25,663
10,780
82,684
99,685
67,862
203,433
68,406
62,230
25,023
*Source: Iowa Department of Management - Local Budget Division
Taxable Value for
FY 13/14
530,352,184
2,358,943,270
1,168,535,269
424,909,734
2,325,969,651
2,171,073,899
544,158,125
1,098,210,845
418,997,002
1,629,962,871
2,139,253,981
3,923,658,149
1,858,056,843
413,003,607
540,750,146
844,374,100
285,648,465
253,219,772
450,868,397
5,753,190,892
798,621,557
665,354,977
305,613,627
2,274,551,959
4,012,995,573
3,020,306,824
6,595,509,088
2,343,242,271
2,382,385,522
630,134,013
1,738,728,420
Taxable Value
per Capita
36,473
59,776
75,648
41,046
39,447
37,668
40,688
63,561
37,301
41,517
46,932
69,312
55,937
40,879
39,213
44,659
26,948
22,914
29,557
45,542
34,896
25,927
28,350
27,509
40,257
44,507
32,421
34,255
38,284
25,182
40,887
*
*
*
*
FY 13/14
Total Levy
9.14369
9.57000
9.98809
10.15104
10.85779
11.02586
11.03264
11.15007
11.83087
12.02123
12.02746
12.05000
12.55000
12.90456
13.50000
13.52770
13.55986
14.88562
15.14762
15.21621
15.67209
15.80427
15.90039
16.24791
16.78000
16.80522
16.92001
17.49319
17.75000
20.30368
13.7272
FY 13/14
General
Fund Levy
8.10000
7.12000
7.16982
7.96281
5.83418
8.10000
8.10000
7.57474
8.10000
8.10000
7.03301
8.10000
5.44000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
8.10000
7.8145
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FY 2014/15 Budget Highlights
2) Provides funding for existing City services and
several new programs:
 Funds marginal increases to operating budgets. Largest increases resulting from
Employee Health Insurance, Risk Management, utilities and fuel related costs.
 Continues close monitoring of over-time, reductions in comp-time and a new
vacation buy-back program
 Funds Road Salt budget and liquid application program at $340,000
(Update on current year, announcement of national award)
 Funds new “fly over” aerial mapping for GIS system at $45,000
 Provides $30,000 for Emerald Ash Borer treatment and/or tree removal on city
properties.
 Extends funding of the Transit Loop service through FY 15/16 ($20,537 in FY
14/15)
 Funds wage increases for all union and non-union employees
13
Funds first year of two year contracts with all of our bargaining units
Bargaining Unit
FY 14/15
FY 15/16
Fire
1.9% COLA
1.9% COLA
Police
1.9% COLA
1.9% COLA
AFSCME - General
1.9% COLA
1.9% COLA
AFSCME – Library
1.9% COLA
1.9% COLA
Non-Union
Employees
1.9% COLA
1.9% COLA
Additional Remarks
Health insurance premiums and outof-pocket increases for all employees.
Maintains grandfathered status.
14
Position
Department
Administrative Assistant
HR/Legal
Light Equipment Operator
Storm Water
Heavy Equipment Operator
Storm Water
Light Equipment Operator
Palmer Hills G.C.
15
5) Health Insurance –
Premium and out-of-pocket increases for all employees
Received Wellmark renewal at 9.4% increase. (10-12% national
average)
9 year average increase in claims: 8.69% (10-12% national average)
Maintain Specific Stop Loss at $70K
$1 million cash reserves available to fund claims up to maximum
aggregate attachment point (125% of expected claims)
Agreed with all bargaining units to establish a health committee
taskforce to continue to review changes in the health insurance
market and potential future impacts to our plan that have mutual
benefit
16
6) Liability Insurance –
Total Liability Insurance up $70,467 or 10.37%.
 Of that, workers compensation fees make up $46,121
Mod rate reduced to .96 due to the Bettendorf losses being lower than
statewide average losses.
 Striving to manage our Work Comp insurance costs although…..
 Continue to have increased wages
 A potential 10% State of Iowa published rate increase on various job
classifications is expected.
 Mod rate calculation under state review
17
Revenue source:
FY 10/11
Actual
FY 11/12
Actual
FY 12/13
Actual
FY 13/14
Budget
FY 14/15
Budget
Property taxes
19,829,519
20,786,732
22,061,524
22,997,618
23,816,801
Charges for Services
15,468,962
16,525,874
17,691,232
18,434,275
19,498,079
Local Option Sales Tax
4,379,062
4,584,685
4,636,166
4,821,534
5,014,395
Road Use Tax
2,981,875
3,124,925
3,220,698
3,350,000
3,400,000
TIF Revenues
3,065,570
2,318,400
2,069,141
2,023,819
1,943,186
Gaming
1,658,400
1,608,845
1,582,204
1,500,000
1,500,000
Hotel/Motel Tax
803,119
738,376
782,972
800,000
808,000
Building Permits
503,290
558,859
575,138
625,500
625,500
Utility Tax
707,752
748,281
740,971
733,585
834,441
Cable Franchise
379,885
374,108
368,550
370,000
370,000
Total Major Revenues
49,777,434
51,369,085
53,728,596
55,656,331
57,810,402
Total All Revenues Net of
Bond Proceeds, Other
Financing Sources and
Intergovernmental
52,901,996
54,149,370
54,971,666
57,875,725
59,953,895
10 Major Revenues as a
% of All Revenues
18
94.09%
94.87%
97.74%
96.17%
96.42%
Summary of Building Permits Issued by the City of Bettendorf
Calendar
Year
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
Number
3,500
3,416
3,294
2,951
2,700
3,095
3,420
3,680
3,717
3,397
3,247
2,980
3,392
3,487
3,740
All Permits
Value
$64,197,951
$69,120,944
$81,802,346
$58,148,406
$58,504,974
$43,946,075
$78,686,737
$100,236,047
$66,134,674
$68,651,169
$57,729,471
$71,998,617
$40,678,917
$45,339,525
$44,998,573
(1)
(2)
(3)
New Single-Family Attached &
Detached Homes
Number
Value
168
$41,651,686
145
$36,595,105
108
$34,107,943
115
$28,361,980
77
$21,057,198
96
$24,200,996
134
$37,831,573
154
$34,873,928
194
$41,928,319
146
$30,265,151
120
$25,087,080
85
$19,495,481
144
$26,184,082
143
$24,158,546
158
$26,947,091
(1) Taxes on value of permits issued in 2013 w ill be collectible in FY 15/16.
(2) Taxes on value of permits issued in 2012 w ill be collectible in FY 14/15.
(3) The significant increase in value of total permits from 2005 to 2006 w as due to construction of the
Isle of Capri Hotel; the Clarissa Cook Hospice House; the ORA Medical Facility; the Glen shopping center;
Hy-Vee grocery store; Logan Contractor Supply building; Armstrong Elementary School; the Crow Ridge
Plaza retail facility; The Fountains Senior Living complex; and Southeast National Bank
19
8) Gaming Revenue - $1.5 million
We are recommending a 5-year plan that:
Reduces
allocation of Gaming to supplement operating budgets:
 Increases allocation of Gaming to one-time capital projects:
 Projects ending fund balance at June 30, 2019: $1,000,000
9) Sales Tax Revenue - $2 million
We are recommending a 5-year plan that:
 Increases
projected ending fund balance at June 30, 2019: $2,200,000
20
Fund
General
% of expenditures
Road Use
% of expenditures
FY 10/11
Actual
5,358,631
26.49%
382,553
FY 11/12
Actual
5,514,282
26.72%
575,172
FY 12/13
Actual
5,525,889
24.99%
667,002
5,526,222
26.38%
686,829
20.30%
FY 14/15
Projected
5,531,572
25.65%
695,385
10.57%
17.67%
85,692
98,214
111,678
173,816
344,708
Sales Tax
923,114
506,598
421,129
571,932
336,690
Vehicle
885,395
731,604
983,467
641,885
933,851
Electronic Equipment
675,351
502,844
419,761
381,561
339,661
Health Insurance
948,792
984,971
988,592
988,592
988,592
Risk Management
630,737
647,205
690,950
690,950
690,950
Gaming
20.59%
FY 13/14
Projected
20.59%
21
$3.74 million Forest Grove Rd Paving – Utica Ridge to International & Rec. Trail
$1.85 million
Hopewell Ave Paving – Middle to 18th Addition & Rec. Trail
$1.55 million
Utica Ridge Road: Spruce Hills to Tanglefoot Lane – 5 Lane
$1.4 million
Recreation Trails including: Crow Creek & Highway 67 to City Limits
$1.2 million
Street Reconstruction Program: Summit Hills, Olympia, Shadowbrook,
Central & Halcyon
$1 million
Bridge Maintenance Program: Devils Glen at Spencer Creek
$900,000
18th Street: Avalon to Spruce Hills & St. Johns to Crow Creek Rd.
$850,000
Downtown Improvements
$725,000
Full Depth Patching Program
22
$600,000
Street Resurfacing Program
$575,000
Parks Projects: Facilities study, playgrounds, roadways, dredging, etc.
$300,000
Spruce Hills: Woodland to Avalon
$275,000
Sidewalk Program
$192,000
Various Traffic projects
$160,000
Rural Road Sealcoating Program
$150,000
Various city-wide projects including Library space remodel
$100,000
Pavement Preservation Program
23
Community Improvement Program continued
 Enterprise
Fund Projects FY 14/15: $105,000
Palmer Hills Golf
Course
Tee box, sand trap & cart path
Improvements
$55,000
Family Museum
Fence Replacement
$50,000
24
$520,000
Fire: 1st half of HAZMAT/Rescue vehicle paid in 14/15
($260,000)
$335,500
Public Works: Truck Rehab Program (4 to 5 trucks), Van, ¾ ton
Pick-up w/ plow, & Endloader
$265,534
Police: Armored ERU vehicle & Social Worker vehicle
$211,000
Parks: Utility Cart, 3 Pick-ups, Field Drag, 10’ mower, zero turn
mower
$176,000
Solid Waste: Heavy Duty Rear Load Garbage Packer
$37,625
Storm Water: ¾ ton Pick-up
$30,000
Palmer Hills G.C.: Greens Roller & 2 Utility Carts
$26,000
Community Development: Small SUV for Code Enforcement
$197,100
New/Replacement Electronic Equipment
$138,801
New/Replacement Capital Equipment
$265,000
Replacements at QC Waterfront
25
Continue to adjust user fees, when appropriate, to offset increases in the cost of
programs.
Solid Waste
3% effective 4/1/14
Storm Water
$0.35 per ERU/mo effective 4/1/14
Sewer
$0.20 per 100 cubic feet of flow effective 4/1/14
LFC
Senior, College & Youth memberships increase 5%, personal training fees
increased between 12% and 18% effective 7/1/14
Palmer Hills G.C.
$1 increase to 9-hole and Sundown greens fees effective 1/1/14
Splash Landing
No fee increase.
Recreation
$10 - $15 increase for adult softball teams, $5 increase for novice softball
players, $2 increase for Parks t-shirts
Family Museum
No fee increase. Fee structure to be examined.
Transit
No fee increase.
26
City of Bettendorf
FY 2014/15 Budget Review
Garbage Fees
Size
Current
Monthly
Fee
Annualized
Monthly
fee
beginning
4/1/2014
Monthly
Increase
Annualized
Annual
Increase
3.00%
Percentage increase
Monthly fee Monthly fee Monthly fee Monthly fee Monthly fee
beginning
beginning
beginning
beginning
beginning
4/01/2015 4/01/2016 4/01/2017 4/01/2018 4/01/2019
3.00%
4.00%
4.00%
4.00%
4.00%
32 gallon/twice per mo
6.58
78.96
6.78
0.20
81.36
2.40
6.98
7.26
7.55
7.85
8.16
32 gallon
9.86
118.32
10.16
0.30
121.92
3.60
10.46
10.88
11.32
11.77
12.24
65 gallon
13.13
157.56
13.52
0.39
162.24
4.68
13.93
14.49
15.07
15.67
16.30
95 gallon
16.42
197.04
16.91
0.49
202.92
5.88
17.42
18.12
18.84
19.59
20.37
 Continue 3% increases each April 1 to balance revenues and
expenditures – BREAKEVEN
 With the implementation of single stream recycling carts and trucks,
4% increases may be needed beginning 4/1/16.
27
City of Bettendorf
FY 2014/15 Budget Review
Storm Water Fees
Current
Rates
Rates
beginning
4/1/2014
Increase
Beginning
4/01/2015
0.35
Rate Increase
Beginning
4/01/2016
Beginning
4/01/2017
Beginning
4/01/2018
Beginning
4/01/2019
0.35
0.35
0.35
0.16
0.17
Rate per ERU
2.70
3.05
0.35
3.40
3.75
4.10
4.26
4.43
Monthly Cost per Average ERU of 1.25
3.38
3.81
0.44
4.25
4.69
5.13
5.33
5.54
40.50
45.75
5.28
51.00
56.25
61.50
63.90
66.45
Annual Cost per Average ERU of 1.25
Storm Water Rates with Planned Increases
Previous Rate
Increase
4%
$0.50
$1.50
$0.35
$0.35
$0.35
$0.35
$0.35
4%
$0.35
$4.26
$3.75 $4.10
$3.40
$2.70 $3.05
$2.00 $2.00 $2.00 $2.00 $2.35
Fee increases are
primarily project
driven. See CIP
for details.
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19
28
$850,000
Stafford Creek Bank Stabilization 18th to Crow Creek Rd., Tanglefoot –
Maplecrest
$825,000
Small storm sewers, sewer linings, intake repair
$664,000
Small storm water projects and engineering
$485,000
Hopewell Creek detention at school
$400,000
Middle Rd. – Stafford Creek Culvert
$275,000
Greenway Creek stabilization, Tanglefoot Terrace to Golden Valley Dr.
$200,000
Duck Creek stabilization phase VI
$150,000
Blackbird Creek bank stabilization
$115,000
West Pigeon Creek bank stabilization
29
City of Bettendorf
FY 2014/15 Budget Review
Sewer Fees
Rates
Beginning
4/1/2014
Current
Rates
Increase
Beginning
4/01/2015
0.20
Rate Increase
Beginning
4/01/2019
0.20
0.20
0.09
0.09
2.28
0.20
2.48
2.68
2.88
2.97
3.06
15.25
16.71
1.47
18.18
19.64
21.11
21.77
22.43
182.96
200.55
17.64
218.14
235.73
253.32
261.24
269.16
Previous Rate
Increase
$.20 $.20
$0.20
Beginning
4/01/2018
0.20
Sewer Rates with Planned Increases
$0.20
Beginning
4/01/2017
2.08
Rate per 100 cu.ft.
Monthly Cost of Average Usage (7.33
cu.ft. per month)
Annual Cost of Average Usage
Beginning
4/01/2016
$0.20
$0.20
3%
3%
$0.20
$2.88 $2.97
$2.48 $2.68
$2.28
$1.88 $2.08
$1.48 $1.68 $1.68 $1.68 $1.68
Fee increases
are primarily
project driven.
See CIP for
details.
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19
30
$2.5 million
Joint sewer improvements with Davenport (19.81% Bettendorf)
$1.8 million
I-80 interceptor sewer: Spencer Creek tunneling
$1.6 million
Chimney seals, manhole rehab, sewer televising, pipe lining, etc.
$1 million
State and Grant sewer improvements in conjunction with I-74 project
$635,000
Various sewer improvements and engineering
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Residential
Small Business
Median Value: $165,260
Value: $500,000
City’s Portion of
Property Tax
+$32.82
-$313.75
(2.68% avg. increase)
(2.87% avg. decrease)
Sewer Fees
+$17.60
+$45.60
$2.28 per unit ($0.20 increase)
(22 units/quarter)
Storm Water Fees
+$4.20
$3.05 per ERU ($0.35 increase)
(1.00 ERU/month)
Solid Waste Fees
(57 units/quarter)
+$51.87
(12.35 ERU/month)
+$4.68
NA
Total Increase
+$59.30
-$216.28
Total Annual Cost of
Services in FY 14/15
$1,490
$13.52 per month (3% increase)
(Based on 65 gal. Cart)
(+$4.94 per Month)
(-$18.02 per month)
$6,956
32
FY 13/14 Cost of City Services & Utilities for Typical $165,260 Residence
$2,500
2,461
Including City Property Taxes, Solid Waste Fees, Sewer Fees & Storm Water Fees for a sample
of 30 Iowa Cities with 2010 Census populations of 10,000 or More*
2,084
2,012
Keokuk
2,051
2,008
1,964
Muscatine
Iowa City
1,943
Sioux City
1,992
1,926
1,915
Waukee
Burlington
1,905
1,779
Cedar Rapids
Davenport
1,765
Newton
1,890
1,737
Fort Madison
1,803
1,720
1,679
Coralville
1,591
Dubuque
1,650
1,577
Ames
Carroll
1,564
1,545
Spencer
West Des Moines
1,534
1,446
Pella
Cedar Falls
1,441
Altoona
1,479
1,431
1,235
$1,500
Bettendorf
1,365
Property Tax
North Liberty
Solid Waste
$2,000
Waterloo
Sewer
Ankeny
Storm Water
Ottumwa
Des Moines
Council Bluffs
Johnston
Clive
Urbandale
$500
Storm Lake
$1,000
$0
*Assumptions: Bettendorf median home value of $165,260, 65 gallon or comparable garbage cart, sewer usage of 7.33 units per month (733 cu. ft.), and a Storm
Water ERU of 1.00. For cities using private solid waste collection, the cost above reflects rates provided by private haulers.
--Prepared by Bettendorf finance staff with FY 13/14 tax levies and service fees from city websites and billing departments as of 1/28/14.
33
$200
$400
Ottumwa; 1673.76
Council Bluffs; 1463.25
Waterloo; 1442.08
Des Moines; 1394.82
Iowa City; 1385.36
Davenport; 1383.28
Sioux City; 1339.42
Keokuk; 1310.77
Burlington; 1302.85
Muscatine; 1291.95
Cedar Rapids; 1254.37
Newton; 1248.71
Fort Madison; 1227.12
Storm Lake; 1117.83
Coralville; 1115.17
Waukee; 1112.89
Carroll; 1063.81
Bettendorf; 1034.58
West Des Moines; 993.36
Ankeny; 991.5
Cedar Falls; 990.99
Spencer; 975.29
Johnston; 919.17
North Liberty; 909.49
Dubuque; 908.93
Ames; 895.08
Pella; 836.81
Clive; 823.38
Urbandale; 788.92
Altoona; 753.77
FY 13/14 Cost of Property Taxes for Median Bettendorf Residence
A sample of 30 Iowa Cities with 2010 Census populations of 10,000 or More*
$1,800
$1,600
$1,400
$1,200
$1,000
$800
$600
$0
*Assumptions: Bettendorf median home value of $165,260.
--Prepared by Bettendorf finance staff with FY 13/14 tax levies.
34
$100
$200
Ankeny; 619.25
Ottumwa; 591.81
Waukee; 554.29
North Liberty; 510.78
Altoona; 501.25
Keokuk; 497.29
Pella; 426.60
Burlington; 422.66
Iowa City; 400.88
Des Moines; 400.67
Carroll; 400.66
Council Bluffs; 395.99
West Des Moines; 384.53
Sioux City; 382.76
Johnston; 381.94
Storm Lake; 373.04
Dubuque; 350.96
Clive; 340.64
Newton; 334.31
Davenport; 327.20
Ames; 325.26
Fort Madison; 317.53
Coralville; 311.66
Cedar Falls; 303.11
Muscatine; 297.58
Spencer; 296.19
Waterloo; 252.88
Urbandale; 248.52
Cedar Rapids; 245.26
Bettendorf; 206.00
FY 13/14 Cost of Sewer Utility Charges for Typical Bettendorf Residence
A sample of 30 Iowa Cities with 2010 Census populations of 10,000 or More*
$700
$600
$500
$400
$300
$0
*Assumptions: Sewer usage of 7.33 units per month (733 cu. ft.)
--Prepared by Bettendorf finance staff.
35
$20
Burlington; 26.16
$40
Muscatine; 134.40
Des Moines; 116.88
Spencer; 87.96
Dubuque; 67.20
Ankeny; 66.00
Clive; 63.48
Cedar Rapids; 57.36
Johnston; 54.60
Altoona; 54.00
Waukee; 51.00
West Des Moines; 51.00
Sioux City; 42.00
Ames; 41.40
Iowa City; 36.00
Storm Lake; 36.00
Carroll; 36.00
Cedar Falls; 36.00
Waterloo; 33.00
Bettendorf; 32.40
Davenport; 28.20
$0
Coralville; 24.00
Urbandale; 24.00
Fort Madison; 12.00
Ottumwa; 0.00
Council Bluffs; 0.00
Keokuk; 0.00
Newton; 0.00
North Liberty; 0.00
Pella; 0.00
FY 13/14 Cost of Storm Water Utility Charges for Typical Bettendorf Residence
A sample of 30 Iowa Cities with 2010 Census populations of 10,000 or More*
$160
$140
$120
$100
$80
$60
*Assumptions: Storm Water ERU of 1.00
**No separate Storm Water fees.
--Prepared by Bettendorf finance staff.
36
$50
$100
Ankeny; 315.00
Ames; 315.00
North Liberty; 299.40
Storm Lake; 276.00
Dubuque; 264.00
Muscatine; 240.00
Coralville; 228.00
Cedar Rapids; 222.12
Keokuk; 204.00
Cedar Falls; 204.00
Waukee; 196.80
Ottumwa; 195.60
Council Bluffs; 192.00
Iowa City; 186.00
Spencer; 186.00
Pella; 182.64
Newton; 182.40
Fort Madison; 180.00
Sioux City; 178.80
Burlington; 174.00
Urbandale; 174.00
Des Moines; 171.96
Davenport; 166.80
Waterloo; 162.00
Bettendorf; 157.56
Carroll; 149.28
Clive; 137.40
West Des Moines; 135.00
Altoona; 132.00
Johnston; 123.60
FY 13/14 Cost of Solid Waste Charges for Typical Bettendorf Residence
A sample of 30 Iowa Cities with 2010 Census populations of 10,000 or More*
$350
$300
$250
$200
$150
$0
*Assumptions: 65 gallon or nearest comparable garbage cart. For cities using private waste collection, the cost reflects rates provided by private haulers.
--Prepared by Bettendorf finance staff.
37
A
balanced budget that maintains the current levy rate at $12.55
while reducing the reliance on Gaming Revenue for operational
expenditures.
Despite
holding the levy rate, Bettendorf homeowners will see a
slight increase in the City portion of their tax bills in FY 14/15 due to
the increase in the rollback on residential property.
Most
commercial property owners will see a decrease in the City
portion of their tax bills due to the 5% rollback on commercial
property.
Questions & Comments
38