Transcript BUDGET RETREAT FY10 - Hendersonville, Tennessee

BUDGET WORKSHOP FY13
April 4, 2012
GOALS and OBJECTIVES
for 2013
• To present a balanced budget without a tax increase
• To maintain an acceptable fund balance:
FY12 Budget
$2.39 million
FY12 Est. Actual
$4.46 million
FY13 Budget
$2.52 million
• To provide basic government services to the citizens
• Prevent eliminating any employee’s jobs or layoff any
employees, and to provide a 2.5% step raise to our
employees and updated longevity pay.
• To provide funding for health insurance for our
employees. (Estimated increase of 20% First increase in 4 years.
Reviewing options for City share vs Employee share)
City of Hendersonville Budget Workshop – April 4, 2012
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Included in the FY 2013
Proposed Budget
• No Property Tax Increase
• Trash Fee ($3.00 Increase from FY 2012)
$0.65/100 assessed
$255 annually
• No new employees FY 2010, FY 2011, FY 2012, FY 2013
City of Hendersonville Budget Workshop – April 4, 2012
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WHERE ARE WE TODAY?
General Fund Balance FY 2012
• Beginning General Fund Balance
(July 1, 2011)
• Estimated General Fund Revenue (FY 2012)
$4.15 MILLION
($4,147,104)
$34.1 MILLION
($34,181,700)
• Estimated General Fund Expenditure (FY 2012)
$33.9 MILLION
($33,859,277)
• Estimated General Fund Balance
(June 30, 2012) (Originally projected in FY 2012 to be $2.3 million)
City of Hendersonville Budget Workshop – April 4, 2012
$ 4.4 MILLION
($4,469,526)
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WHERE ARE WE GOING?
General Fund Balance FY 2013
• Beginning General Fund Balance
(June 30, 2012)
• ADD Estimated General Fund Revenue
(FY 2013)
• LESS Estimated General Fund Expenditure
(FY 2013)
• Budget Differential
(FY 2013)
• ENDING Estimated General Fund Balance
(June 30, 2013)
City of Hendersonville Budget Workshop – April 4, 2012
$4.4 MILLION
($4,469,526)
$32.8 MILLION
($32,896,123)
$34.8 MILLION
($34,847,426)
($ 1.9 MILLION)
($1,951,302)
$ 2.5 MILLION
($2,518,223)
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REVENUE HISTORY
For the past 7 years, we have had the luxury of an AVERAGE of 8.1%
revenue growth annually.
City of Hendersonville Budget Workshop – April 4, 2012
*FY 13 reflects removal of Grants
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GENERAL FUND
City of Hendersonville Budget Workshop – April 4, 2012
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GENERAL FUND
Greg Howell – BOMA January 24, 2012
Auditor Greg Howell discussing the General Fund
Click to view linked video file
City of Hendersonville Budget Workshop – April 4, 2012
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EXPENDITURES BY DEPARTMENT
FY 2013
City of Hendersonville Budget Workshop – April 4, 2012
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REVENUE HIGHLIGHTS FOR FY 2012
COMPARED TO FY 2011
(As of February 2012)
• Local Sales Tax
$
284,197
• State Shared Taxes
$
155,315
• SAFER Grants
($ 161,534)
• Investment Earnings
$
1,635
• Property Taxes
$
146,374
• Other Grants
($
64,677)
City of Hendersonville Budget Workshop – April 4, 2012
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ESTIMATED REVENUE SOURCES
FY 2013
Local Revenue $27,601,995 (84%)
County Revenue $ 131,000 (<1%)
State Revenue $ 5,163,168 (16%)
City of Hendersonville Budget Workshop – April 4, 2012
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What measures are we taking today?
• No property tax increase
• No new positions
• Step increases plus 2013 Longevity
• No cost of living increase
• No reduction in services
• Fuel costs budgeted by department
City of Hendersonville Budget Workshop – April 4, 2012
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MAYOR’S MODIFICATIONS
For a neutral budget with minimum impact on fund balance,
perform Capital Projects and handle matching grants on a case-by-case basis throughout the year
From
To
Amount
PUBLIC WORKS ($60,000 reduction)
REDUCE PROFESSIONAL SERVICES
REDUCE INMATE CREW EXPENSES
80,000
40,000
40,000
20,000
(40,000)
(20,000)
0
0
0
(4,693)
(63,108)
(131,946)
POLICE DEPARTMENT ($199,747 reduction)
DELETE PROMOTION OF ADMIN COORD. TO EXEC COORD.
DELETE NEW CRIMINAL INVESTIGATOR (Salary & Benefits)
DELETE 2 NEW SERGEANT POSITIONS (Salary & Benefits)
4,693
63,108
131,946
TOTAL CITY WIDE MODIFICATIONS:
(285,048)
GRANTS FIRE DEPARTMENT
($1,250,000 reduction)
DELETE ENGINE #4 REPLACEMENT (NO OFFSET GRANT)
DELETE $350,000 AFG GRANT TO REPLACE ENGINE #1
DELETE $400,000 AFG GRANT TO REPLACE ENGINE #3
DELETE $100,000 AFG GRANT FOR FIRE EQUIPMENT
400,000
350,000
400,000
100,000
0
0
0
0
(400,000)
(350,000)
(400,000)
(100,000)
137,500
116,551
132,500
96,250
(5,000)
(20,301)
NON-PROFITS ($25,301 reduction)
REDUCE ECD Non-profit requests to FY 2012 amounts
REDUCE Non-profit requests to FY 2012 amounts
City of Hendersonville Budget Workshop – April 4, 2012
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CAPITAL PROJECTS
Capital or Special Projects from Prior Years
Description
Authorization
Project Balance
Maintenance – Drakes Creek Dredging
Rockland Road – Sections 1, 2, 3
Res 2001-45
Ord 2004-16
$100,352
$ 15,913
Public Works Salt Bin Project
Public Works Drainage Equip & Vehicles
Park Capital Improvements
Sandalwood Hills Infrastructure Imprvm.
Ord 2006-26
Ord 2006-10
Ord 2009-02
Ord 2010-04
$ 40,000
$ 1,444
$ 23,500
$ 41,000
Donated Flood Damage Projects
Temporary Traffic Signal Stop 30 & NSI
The Groves at Waterford Crossings
Hendersonville Market Place
Sholodge, Section 2
Ord 2010-26
Ord 2010-15
Ord 2010-16
Ord 2010-17
Ord 2010-19
$
$
$
$
$
FEMA Flood Damage
Ord 2011-02
TOTAL:
City of Hendersonville Budget Workshop – April 4, 2012
2,099
99,300
14,375
51,400
21,100
$ 25,911
$ 436,395
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CAPITAL PROJECTS
FY 2013 Budget
Department
Public Works
Public Works
Public Works
Public Works
Public Works
Public Works
Public Works
Public Works
Public Works
Public Works
Public Works
Item
NOT FUNDED IN FY13 BUDGET
Rockland Road Improvements
Drakes Creek/Stop 30 Widening
City Wide Drainage Upgrades
City Wide Paving Improvements
City Wide Street Light Improvements
Stop 30/New Shackle Island Traffic Signal
Total -
Cost
2,400,000
280,000
450,000
1,500,000
70,000
250,000
$ 4,950,000
FUNDED BY OTHER SOURCES
Walton Ferry/Main Street Intersection
New Shackle Island Road Improvements (386 to Iris Drive)
Indian Lake Blvd.. & Bridge
City Wide Traffic Signal Upgrade
Pedestrian Bicycle Trail Phase III-Sanders Ferry Road Water Front
Total $
GRAND TOTAL
City of Hendersonville Budget Workshop – April 4, 2012
1,100,000
790,000
1,100,000
1,600,000
1,400,000
5,990,000
$10,940,000
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GRANTS
Grants and Capital & Special Projects
FY 12
Estimated
Actual
DEPT. HEAD
FY 13
Request
FY 13
MAYOR
CHANGES
Increase
Bdgt to
Bdgt
PERCENT
CHANGE
GRANTS
PUBLIC WORKS - CTIYWIDE TRAFFIC SIGNAL UPGRADE - FY 2009
24,711
58,138
0
58,138
135.3%
NEW FY 2013 GRANTS
Planning - CDBG grant - (PW spends $180,875, Planning $24,000)
Planning - SRTS Grant - (PW spends $177,475, Planning $15,000)
Planning - CMAQ Drakes Creek Bike Trail PE ROW & partial construction
FIRE - AFG GRANT - REPLACE FIRE ENGINE 3 - FY 2013 10%
FIRE - AFG GRANT - EXTRICATION EQUIP - FY 2013 - 10%
TOTAL NEW GRANTS
0
0
0
0
0
24,711
204,875
192,555
350,000
0
0
805,568
0
0
0
0
0
0
204,875
192,555
350,000
100.0%
100.0%
100.0%
100.0%
100.0%
3,160.0%
CAPITAL AND SPECIAL PROJECTS
RELAX AND RIDE - MTA BUS SERVICE
TOTAL NEW CAPITAL and SPECIAL PROJECTS
50,000
50,000
50,000
50,000
City of Hendersonville Budget Workshop – April 4, 2012
0
805,568
50,000
50,000
0.00%
0.00%
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PROPERTY TAX
• Current tax rate =
• One cent on the rate =
65 cents
$ 143,730
• 10 cent tax increase generates = $1,437,300
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FY 12 DISPOSAL FEES
FY 2012 Disposal Fee Charged to citizens:
$252.00 /year /home
FY 2013 Disposal Fee Charged to citizens:
$255.00 /year /home
(1.1% increase)
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