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HomeMy WebLinkAboutFinance Department Net-Zero Budget Amendment Fiscal Yr 2021 State Governor's Public Safety Grand Initiative - Urban Renewal Funding to MDC Item#14. C� fIEN , IN4, IDAHG-. MEMO TO CITY COUNCIL Request to Include Topic on the City Council Agenda From: [Brad Purser, Finance] Meeting Date: Month, Day 202Y Presenter: [Brad Purser] Estimated Time: (length?) Topic: [FY2021 Budget Amendment- State GPSGI Urban Renewal Funding to MDC] Recommended Council Action: [Approve the budget amendment to allow these funds to pass through to MDC] Background: [The City participated in the Governor's Public Safety Grant Initiative (GPSGI) and has received funding from the state. $274,463 represents the urban renewal agency allocation of the GPSGI. This is a net zero impact Amendment to the city as the urban renewal agency allocation is a pass through from the City to MDC.] Page 175 E 0 ro � E E c E CD N Z Z } L� • CD N CD cq ai v } } CDN N N LL a0i r c c ❑ ❑ a N `� _ o lO F n c7 N W o a LL LL z* a s u '^ 1 a N o aj LL E O Oa al � x�' a R i b4 H d 3 a c w o Y R R C C > U C z ui ui LL o 3 u � l H c E E z z z a) a m cr L 'O N Z d_ O a' a� a� LL O p m LL a o v�i E E N N W Q 4C 4— = a 3 f6 f6 -o C _ C y O aJ a� a� ., _0o a) d N a e Y un ^ N c u c d ~p N C y O N N v O a ;z .� ~ ar o � Qm o, ao .n m c � AL� N ° o, v ar a, m Q a s a a ao 3 E — L LL V fO Q a o l a v > o a� a o 0 F- o M M M M m ai a v a a � f6 H C N O LL a N ar m c () Y 0 C (J Y 7 Y Q ro C O G !-' O C •� 7 Q lL Q 3 c � c 4— E .o v ;; o Q m o o Q F n m Qo Q N a Q Q a u 3 E �, u t O u u t +"� LL a) O H a) m aJ a) 3 H 0 CO a) ¢ a1 O ►+ O V a E E v o xx xs a t \ a) to V) Y Q \ \ \ ~ > C U o l7 C7 l7 d O O LL d W CL CL 1t 1t # 1t O O O O O O O O 0 O O O O O O O O O O O O O O p O O O O O 0 O O O O O O 2O E 6l o 4' C y* 0 W o C N M Ln 0 O E O N N N N J O J J OO \ N N N M O O O O c c c c c c c c y l7 C7 l7T E H ¢ O a' -o �+ y y o y v O O O O 0 0 0 0 v O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 f� v 0 0 0 N co U m W m eC m O m LL � C Q� LL LSI LL CC LL � LL O >. Item#14. 2:43 PM City of Meridian FY2021 Budget Amendment Form Prior Year(s) Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Department Name: Finance Funding 2021 2022 2023 2024 2025 Title: State GPSGI Urban Renewal Funding to MDC Personnel $ - $ $ $ $ Irrstr,a�tinns r r Submits ing R.dgel Amen dments Operating $ 274,463 $ $ $ $ > Department will send Arnendment wAh Directors signature to Finence(gudget Analyst)for review Capital $ - i Finance will send Amendment to council Ualson For signature Total $ - $ 274,463 $ $ $ $ i Council Liaison will send signed Amendment to Mayor Total Estimated Project Cost: $ 274,463 , Mayorwill send signed Amendmentto Finance{Budget Anaiystl Evaluation Questions 7 Flnan"(Budget Analyst)will send approved aMy of Amendment to Departnsent Please answer all Evaluation Questions using the financial data referenced above. s D�part,rant,,,llladdcopyof Amendment toCourdlAgenda usngNkrvusAgendaManager 1. Describe what is being requested? The City participated in the Govenor's Public Safety Grant Initiative(GPSGI)and have received funding from the state. $274,463 represents the urban renewal agency allocation of the GPSGI.This amount was called out in section 20b of the City ofMeridian's L2 filing with the state.We are seeking spending authority to issue the funds to MDC. 2. Why was this budget request not submitted during the current fiscal year budget cycle? We received the Grant funding after the FY21 Budget cycle was completed 3. What is the explanation for not submitting this budget request during the next fiscal year budget cycle? The urban renewal agency allocation is a pass-through from the city to MDC. 4.Describe the proposed method of funding? If funding is split between Funds(i.e. General,Enterprise,Grant),please include the percentage split. List the amounts and sources of anticipated additional revenue that will result from approval of this request. Fuding is from the Govenor's Public Safety Grant Initiative(GPSGI).This is a revenue neutral budget request. 5.Does this request align with the Department/City's strategic plan? If not,please explain how this request was not included in the Department/City strategic plan? No 6. Does this request require resources to be provided by other departments? If yes,please describe the necessary resources to be provided by other departments. No 7.Does this Amendment include any needed Equipment or Software that will utilize the Cit 's network? Yes or No LNo 8.Is the amendment going to result in the disposal of an asset?(Yes or No) Lao— y additional comments? Total Amendment Request $ - Every effort should be made to avoid reopening the budget for an amendment. Departments will need to provide backup and appear before the City Council to justify budget amendments. Budget amendments are intended for emergency or mandatory changes to the original balanced budget. Changes to the original balanced budget may cause a funding shortfall. Page 177 City of Meridian FY2020 Budget Amendment Form F:\BUDGET\FY2021\FY2021 Budget Amendment Form Item#14. I]DY40 A P❑Sox 35 • Boise I❑83722-0410 State Tax Commission 11321 W. Chinden Blvd., Boise 10 83714-1021 MEMO DATE August 17, 2020 (amended August 25, 2020) TO: Potential Participants in Governor's Public Safety Grant Initiative (GPSGI) FROM: Alan Dornfest, Property Tax Policy Bureau Chief SUBJECT: Payments to keep Urban Renewal Agencies Neutral This memo supersedes the August 17 memo you received previously. At that time, we calculated the urban renewal amounts based on 2019 city and county taxable values. Although we did correctly use 2020 increment values, in cities and counties with significant increases in taxable value, as indicated on the property roll for 2020, the amounts we provided overstated the amount necessary to keep the urban renewal agencies whole. That overstatement has been corrected in the current methodology, as stated in this revised memo. I regret any confusion caused by the information sent out last week. Except for using taxable value information from the 2020 property roll, the methodology used to estimate potential urban renewal revenue losses in cities and counties participating in the Governor's Public Safety Grants Initiative (GPSGI) is the same as was described previously. To reiterate, because it is necessary to first know the amount to accomplish this before calculating the 2020 property tax levy rates, the Tax Commission is estimating potential urban renewal losses based on the best information currently available, including: 2020 increment value from the property roll for locally assessed property, 2019 subsequent roll increment value, and 2019 operating property increment value. This increment value was then multiplied by estimated 2020 levy rates determined by adding new construction and annexation budget increase allowances to 2019 non-exempt property tax budgets. These estimated 2020 property tax budgets were divided by 2020 property roll taxable values plus 2019 operating property and subsequent roll values to produce the estimated 2020 levy rates. Similar calculations were used to determine hypothetical levy rates after subtracting 97% of GPSGI allocations. The difference between these two calculations is the amount that will need to be paid to the urban renewal agencies in your city or county. A detailed list of revised amounts to each urban renewal entity is attached. GPSGI moneys will be distributed by the Governor's office in December. Once the money is received, please pay the indicated amounts to your urban renewal agency(ies). Note that these amounts should not be subtracted from the "balance to be levied" column on your L2 budget certification form. Equal Opportunity Employer 0 tax.idaho.gov 0 Hearing Impaired TDD(800)377-3529 page 178 Item#14. Please contact me at 208-334-7742 or via email at: alan.dornfestktax.idaho.gov if you have questions about this procedure. 2 Page 179 Item#14. I]DY40 A P❑Sox 35 • Boise I❑83722-0410 State Tax Commission 11321 W. Chinden Blvd., Boise 10 83714-1021 MEMO DATE August 17, 2020 TO: Potential Participants in Governor's Public Safety Grant Initiative (GPSGI) FROM: Alan Dornfest, Property Tax Policy Bureau Chief SUBJECT: Payments to keep Urban Renewal Agencies Neutral As per the Governor's Executive Order 2020-15, the Tax Commission has calculated amounts that would represent the revenue necessary to keep urban renewal agencies neutral. Because it is necessary to first know the amount to accomplish this before calculating the 2020 property tax levy rates, the Tax Commission is estimating potential urban renewal losses based on the best information currently available, including: 2020 increment value from the property roll for locally assessed property,2019 subsequent roll increment value, and 2019 operating property increment value. This increment value was then multiplied by 2019 levy rates and hypothetical levy rates after subtracting 97% of GPSGI allocations. The difference between these two calculations is the amount that will need to be paid to the urban renewal agencies in your city or county. A detailed list of amounts to each urban renewal entity is attached. GPSGI moneys will be distributed by the Governor's office in December. Once the money is received, please pay the indicated amounts to your urban renewal agency(ies). Note that these amounts should not be subtracted from the"balance to be levied"column on your L2 budget certification form. Please contact me at 208-334-7742 or via email at: alan.dornfestntax.idaho.gov if you have questions about this procedure. Equal Opportunity Employer 0 tax.idaho.gov 0 Hearing Impaired TDD(800)377-3529 page 180 Item#14. Cities Difference City of Ammon 4,632 City of Ashton 5,264 City of Bellevue 5,723 City of Blackfoot 240,095 Boise 1,353,632 Bonners Ferry City 16,790 City of Buhl 39,265 City of Burley 160,771 City of Caldwell 1,317,291 City of Chubbuck 407,281 City of Coeur d'Alene 952,406 Eagle City 22,067 Garden City 100,664 City of Hailey 17,262 City of Idaho Falls 156,738 City of Jerome 268,965 City of Lewiston 41,590 City of McCall 18,196 Meridian City 274,463 City of Middleton 7,787 City of Moscow 51,028 City of Nampa 661,578 City of Payette 10,957 City of Pocatello 30,440 City of Post Falls 302,975 City of Rexburg 353,275 City of Rigby 18,926 City of Sandpoint 128,615 City of Spirit Lake 29,977 City of Twin Falls 1,019,551 Page 181 Item#14. 2020 Dollar Certification of Budget Request to Board of County Commissioners L-Z City Only-For Cities Using Governors Public Safety Grant Initiative Funds (the Lr2 worksbeet and applicable"Voter Approved Fund Traeker"and budget publication must be attached} District or Tiring Unit's Name: CITY OF MERIDIAN DIBer re.--NOT rh—[, P.Mcny T-RrPW-1 App—ed GPSC i•• CPSGt lrar Ad}uumear B13aace Iv l.r h led FLad T.,Kf Appr-ed audta- Cull FomA,d Balance Column Sf+r l„ Ce1.2 mEdm (16ef Wortuheel) lien EO of WnrL�hees) (une 21 elwnrk.hceU U, 1 2 3 4 SA 5b {c d ,4 -EXEMPT FUNDS General Fund 67,372,366 2.225,995 25,864,021 187,428 9,9W641 9,315,579 29.779.343 Capital Improvement Fund 4,036,290 4.036,290 - - EnterpnseFund 57,955.445 I3370,499 44,594,946 - Non-Exempt Total:1 129,364,101 19,632,784 70,448,967 187,428 9,886,641 29,779" EXEMPT FUNDS(Voter Approved Initiatives,Bonds,and/or dudgment Funds) Non-Exempt Total: - - - - - SUM OF NON-LEVY FUNDS - Column Total: 129,364,101 19,632,784 70,44967 187,428 9,886,641 29,779,343 I,the undersigned,attest that a public hearing was held and a resolution was adopted to: RESERVE the current year's forgone amount$ 1 9I 204 RECOVER existing forgone amount of$ (must match line IS of the L-2 worksheet) I have attached the adopted and signed resolution indicating the amount of forgone to be reserved or recovered. I certify that the amounts shown a6oveaccurately reflect the budget being certified in accordance with the provisions of I.C.§63-803. To the bestoGy knowjedge,this district has established and adopted this budget in accordance with all of Idaho Law. Clerk SiRnniulre,of• MrictKepresemauve `- rile (� ate r A Chris Johnson-Cityof Meridian,33 E.Br0adwa Avenue,Meridian,ID 83642 .. f rye cimlerknmeridianci .or Please print Above: oatRet Name and Mailing Addres Emai!Address: n f a Phone Number:(208)888-4433 7, Sp, 11�4A, 4' Fax Number: (208)SM4318 • Do not include revenue allocated to urban renewal agencies. m� �/ o EF000078_08-06-2020 **Governor's Public Safety Grant Initiative(GPSGI)shown in 5(b)can only be applied to t propriate on-exe pt fir s hp rR�ASURE���~� Page 182 Item#14. Levy Rate Calculation Worksheet For County Use Only District's Name: CITY OF MERIDIAN DO NOT ENTER IN SHADED AREAS: For I.C.§63-1305 Judgments,I.0§33-802 Judgment Obligations,temporary Override/Supplemental,and School Emergency funds increment value added if first certified after 12/31/2007. For Bonds,and Plant Facility,increment value added if voter approved after 12/31/2007,or if new RAA or RAA annexation. For any existing funds,the levy may need to be computed using part of the increment value if boundary changes have occurred. Market Value Area: Please enter any U/R increment Less U/R Increment U/R Increment Values Taxable Value plus Increment Net Value plus County (A)Net Taxable Market (B)Total Net (C)Partial (D)Increment Value of Net Value plus ALL Net Value plus Partial Annexation Increment Value Increment Value Increment Value Annexed Area Only Increment (A+B) Increment Only(A+C) Only(A+D) COUNTY 13,350,842,000 13,350,842,000 13,350,842,000 13,350,842,000 0 0 0 0 0 0 0 0 0 Total Value: 13,350,842,000 0 1 0 0 13,350,842,000 13,350,842,000 13,350,842,000 U/R Key Code: I i U/R Key Code (1) (2) (3) Leave Blank if NO U/R Increment added. 1=All increment added. Levy Calculation Area 2=Partial increment added. Enter the fund's Maximum Levy Balance Before Hypothetical 3=Annexation increment added. maximum levy rate below. Limit Testing Area GPSGI Adjustment Non-Exempt Fund Balance to be levied I U/R Key Code T Levy Rate Maximum Levy Rate "Over Max" L-2 Col 5 c +Col 6 Levy Rate NON-EXEMPT FUNDS General Fund 29,779,343 0.002230522 39,094,922 0.002928274 Capital Improvement Fund 0 0.000000000 - 0.000000000 Enterprise Fund 0 0.000000000 0.000000000 EXEMPT FUNDS(Voter Approved Initiatives,Bonds,and/or Judgment Funds) SUM OF NON-LEVY FUNDS 0 Totals: 29,779,343 0.002230522 39,094,922 0.002928274 Page 183 Item#14. 2020 L-2 Worksheet(must be attached to the L-2 form) District Name:CITY OF MERIDIAN Computation of allowable 3%budget increase: *Enter the amount from the"Highest Non-Exempt P-Tax Budget+P-Tax Replacement"column from th "Maximum Budget and Forgone Amount Worksheet." (1) 36,557,451 Multiply line 1 by 3%. (2) 1,096,724 Enter the total amount you received for Solar Farm Tax from the immediate prior year (3) New Construction&Annexation allowable budget increases calculation: Enter the 2019 non-exempt levy rate from the"Maximum Budget and Forgone Worksheet". 1 (4) 1 0.003083910 Enter the 2020 value of district's new construction roll from each applicable coupty below: County Name Value COUNTY (A) 864,416,232 10 (B) (C) (D) Total of New Construction Roll Value: (5) 864,416,232 New Construction Roll allowable budget increase(multiply line 5 by line 4). (6) 2,665,782 Enter the 2020 value of district's annexation value from the applicable county below: Enter the 2020 value of annexation from property assessed by the county. (7) 20,042,100 Annexation allowable budget increase(multiply line 7 by line 4). (8) 61,808 Total Non-Exempt Allowable Budget(before P-tax Replacement and P-tax Substitute Funds deductions): Add lines 1+2+3+6+8 (9) 40,381,765 Property Tax Replacement: Enter yearly amount of the agricultural equipment replacement money. (10) 58 Enter yearly amount of the personal property replacement money (11) 183,264 Information below is reported in indicated columns of the"Recovered/Recaptured Property Tax and Refund List": Enter the Solar Farm Tax reported in column 1. (12) Enter the recovered Homeowner's Exemption property tax reported in column 2. (13) 4,106 Enter the total amount reported in column 3. (14) Enter the total amount reported in column 4. (15) Enter the total of lines 10 thru 15:(Col.5(a)total of L-2 must equal this amount). (I 6)A 0187,428 Forgone Amount Section: Please complete this section even if you don't plan on using your forgone amount. Enter the total forgone amount reported on the"Maximum Budget and Forgone Amount Worksheet." 1 (17) 1 2,756,605 Enter the forgone amount to be recovered in your budget. This amount can't exceed what is reported on the attached resolution (18) Maximum Allowable Non-exempt Property Tax,Including Forgone Amount,That Can Be Levied: Maximum non-exempt property tax budget including forgone amount. Line 9 minus 16 plus 18. (19) 40,194,337 Governor's Public Safety Grant Initiative(GPSGI) Enter Amount Approved for Governor Public Safety Grant Initiative(GPSGI): (20) 9,886,641 District Revenue for Administrative Expense(3%of GPSGI) (20a) 296,599 Urban Renewal Agency(URA)Allocation(Provided By Idaho State Tax Commission) (20b) 274,463 Non-exempt property tax budget less GPSGI adjustment(Line 20-Line 20(a+b))(Must match col.5(c)budget total of L-2) (21) 9,315,579 Less 3%Budget Increase:Required For GPSGI Funds(Line 2) 1 (22) 1,096,724 Maximum non-exempt property tax budget including forgone and GPSGI amount. (Line 21-Line 22) (23) 29,782,034 *=The reported amount excludes the I.C.§63-1305C refund. EF000078 08-06-2020 Page 184 Item#14. CITY OF MERIDIAN RESOLUTION NO. 20-2225 BY THE CITY COUNCIL: BERNT,BORTON, CAVENER, HOAGLUN,PERREAULT, STRADER A RESOLUTION RESERVING THE FORGONE AMOUNT FOR FISCAL YEAR 2021. FOR POTENTIAL USE BY THE CITY OF MERIDIAN IN SUBSEQUENT YEARS AS DESCRIBED IN IDAHO CODE §63-802,et seq.; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Idaho Code §50-235 empowers the city council of each city to levy taxes for general revenue purposes; and, WHEREAS, Idaho Code §50-1002 requires the city council of each city in the State of Idaho to pass a budget,referred to as an annual appropriation ordinance; and, WHEREAS, Idaho Code §63-802 sets limitations on all taxing district budget requests on the amount of property tax revenues that can be used to fund programs and services; and, WHEREAS, Idaho Code §63-802(1)(a) allows each taxing entity to increase property tax budget amounts by a maximum of 3%,plus an amount calculated based on the value of both new construction and annexation added during the previous calendar year,plus an amount for forgone taxes; and, WHEREAS,Idaho Code §63-802(1)(f)requires that the City adopt an annual resolution to reserve additional forgone amount in order to utilize that amount in subsequent years; and, WHEREAS,the City has met the notice and hearing requirements in Idaho Code §63-802(1)(0 to reserve the current year's increase in the forgone amount; and, WHEREAS,the City intends to reserve $1,091,204 of its current year's increase in allowable forgone amount. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF MERIDIAN,IDAHO: That $1,091,204 of the current year's allowable increase in its forgone amount is reserved and included in the City's total forgone balance for potential use in subsequent years. ADOPTED by the City Council of the City of Meridian, Idaho, this I` day of September, 2020. APPROVED by the Mayor of the City of Meridian, Idaho,this Pt day of September, 2020. APPROVED: ATTEST: Robert E. Simison, Mayor Chris Johnson, City Clerk RESOLUTION RESERVING FOREGONE TAX REVENUES FOR FUTURE USE PAGE page 185 item#,4. AFFIDAVIT OF PUBLICATION 21410 22657 STATE OF IDAHO 1 MERIDIAN, CITY OF County of Ada 33 E. BROADWAY AVENUE SHARON JESSEN of the State of Idaho,being of first duly sworn,deposes MERIDIAN, ID 83642 and says: 1.That I am a citizen of the United States, and at all times hereinafter mentioned was over the age of eighteen years, and not a party to the above entitled action. 2.That I am the Principle Clerk of the Meridian Press, a weekly newspaper published in the State of Idaho; that the said newspaper is in general circulation in the said county of Ada,and in the vicinity of Meridian, Idaho and has been uninterruptedly published in said County during a period of seventy -eight consecutive weeks prior to the first publication of this notice,a copy of which is hereto attached. 3.That the notice, of which the annexed is a printed copy,was published in said newspaper 2 times(s) in the regular and entire issue of said paper, and was printed in the newspaper proper,and not in a supplement That said notice was published the following: 07/31/2020, 08/07/2020 SHARON JESSEN STATE OF IDAHO County of Canyon and Ada On this 19th day of August, in the year of 2020 before me a Notary Public,personally appeared. SHARON JESSEN, known or identified to me to be the person whose name is subscribed to the within instrument, and being by me first duly sworn, declared that the statements therein are true, and acknowledge to me that he/she executed the same. till 1 R. Ali, �. •2� y Notary Public of Idaho oAU8L1Gh. My commission expiresINS� ��� ',s�•:'�;�rvo.z�?:;1,0 •-' 22657 i0 •Page 186 Du Item#14. LEGAL NOTICE Total Expenditures S 37,692,611 $45.169.900 $65,041,210 Special Notice of Public Hearing Proposed Budget Transfers $2.629.207 $2,955,145 $2,914.235 for Fiscal Year 2021 City of Meridian,Idaho Total Expenditures with Transfers S 40,321,818 S 48,125,045 S 57,955,445 A pudic hearing.pursuant to Idaho Code 50.1002,will be held for consideration of the proposed budget for the fiscal year from October 1,2020 to September 30,2021.The hearing will be held (Use)lAddilton of Fund Balance $9,232,048 S(3.597.431► S(13,370,499) at Meridian City Hall,33 East Broadway Avenue.Meridian.Idaho at&OD p.m,on Tuesday,August le.2020,All Interested persons are Invited to appear and show cause,if any,why such budget GOVERNMENTAL FUNDS(01.07.08.20,50) should or should not be adopted.Copies of the proposed City budget in detail are available at FY2019 FY2020 FY2021 the City Hall during regular office hours(&00 AM to 5:00 PM,weekdays).City Hall is accassiWa Actual Original Budget Original Budget to persons with disabilities.Anyone desiring accommodation for disabilities related to the budget Revenues documents or to the hearing,please contact the City Clerk Office.Se8.4433 at least 48 hours Property Taxes $34.287.294 S 36,557,451 S 39282.3$0 prior to the public hearing.The proposed FY2021 budget is shown below as FY2021 proposed Other Revenue $34,073.752 S 26,012,545 S 26.864.021 expenditures and revenues. Total Revenue $68.361.046 S 62,569,996 $65,146,371 CAPITAL IMPROVEMENT FUND-55 Expenditures FY2019 FY2020 FY2021 Personnel Actual Original Budget Original Budget Administration $5.307.391 $5.912,775 $6.039.699 Revenues Fire $10.445.379 S 11.736.347 S 12.235.774 Total Revenue S 285,791 $2,000 Police $15.871.330 S 18,530,489 S 20.045.426 Parke $2.890,306 $3.540.904 $3.649,530 Expenditures Community Development $2,584,395 $3.727.086 $3.954,322 Operating Total Personnel $37,088,801 $43,455.601 S 45.921,751 Administration $5,618 - Fire S• $- $• Operating Police $- 3• $• Administration $3.340.005 $3,599.601 $3.155.674 Parks $2.951.262 S- Fire $1.418.756 $1.513,153 S I,996.11W Total Operating $2.956.880 $- S- Police $2,690,455 S 4.210,101 $3,252.494 Parks $2,266,547 $2.286,610 $2,374,316 Capital Community Development $3,404.433 $2,186.038 $2.216.448 Administration $• S• $- Total Operating S 13,D20,196 $13.795.503 S 12,995.925 Fire $_ $• $- Police $- $4.328.680 $- Total Personnel and Operating $50.106.997 $57.251,104 S 58.917.675 Parks $• $- $- Total Capital S_ S4,328,680 S- Capital Administration S 277,072 S 424,000 $210,0m Carrylorward.Operating Fire $3.348343 $50.300 $3,01SAW Administration S_ S• $- Police S 326:273 S 3,501,830 $738.164 Fire $- S- $- Parks S2,305.642 $1,190,122 51,977,900 Police Parks $- $. $- Community Development $368,727 S 15,300 $_ Carrylorward-Operating S- S• $• Total Capital $6.626.057 $5,181.552 S 5,941,054 Carryforward-Capital Carrylorwdrd•Personnel Administration $- S• S_ Administration $• S• S- Fire $- $- $• GOVERNMENTAL FUNDS(01-07,08,20.50) Police S_ 5. $4.195.000 Fire $• S- S_ Parks $. S 1237.795 $24.077 Police $- S_ S_ Carryforward-Capital $• $1.237.795 $4,219,077 Parks $- S• $ Community Development S• S• 5 Total Carryforward $• $1,237795 S4,219,077 Total Carrylorward•Personnel S. S_ S Total Expenditures $2,966.880 $5.566.475 $4,219.077 Carryforward•Operating Administration $- $137,044 S 9D8,401 Transfers S(3,530,943) S(166,780) S(182,7$7) Fire S_ $72.825 S 16.000 Police $• S_ $20,040 Total Expenditures with Transfers S(SX063) $5.399.687 $4.036,290 Parks $• s 62,645 $_ Community Development $- $84.945 5 49,900 (UseNAddition of Fund Balance $859.855 S(5,397.687) $14,036.290) Total Canyforward-Operating $- S 357,459 $995.141 ENTERPRISE FUND•60.65 Carrylorwaro-Capital FY2019 FY2020 FY2021 Administration S_ $323,620 $461.590 Actual Original Budget Original Budget Fire $- $4,962,581 S Revertuas Police $• $58,778 S 2.589.096 WaterlSawer Sales S 24,80$,102 3 26.325.769 $27,31%353 Parks $_ $1,528,093 $1.141.150 Other Sdanres S 24,748,764 S 1&%1,645 $i7274,593 Community Development $• 5 125,934 S 58,107 Total Revenue S 49.553,866 $44.527.614 $44.684,946 Total Canyfoiward-Capilal $- $6,998,906 S 4,249,944 Expenditures Carrylorward Personnel Administration S. S460.564 $069,991 Utility Billing S 49S,821 $549,073 S 561,332 Fire S. S 5,035,406 S 16,000 Public Works S 3.5519,611) $4-213,178 S 4,324,845.09 Police S• $58.778 S 2.609,936 Water $1.960.267 $2,263,8D8 $2,370.010 Parks $• S 1,590,738 S 1,141.150 Wastewater S 2,777268 $3.347.590 $3,63D.463 Community Development $- $210,879 S 108,007 Taal Personnel $8.833.167 S 10,373.559 $1D,886,670 Total Carrylorward $- $7356,365 S 5,245.085 Operating Total Expenditures S 56.735,054 $69.789,021 S 70,103.814 Utility Billing $626.241 $633.805 $717,529 Public Works $780.178 $948.266 S 682,973 Transfers $901,736 S(2,788,357) S(2,731.448) Water $3.227,249 $3,152.866 S 3.453,545 Wastewater S 2,802361 $3557601 S 3,679,878 Total Expenditures with Transfers S 57,636,790 S 67.000,664 S 67,372.366 Total Operating 5 Z441JD29 $8,292.538 $8,533,925 UseuAddilion of Fund Balance S 10,724,256 S(4,430,668) S(2.225.995) Total Personnel and Operating S 16.274.196 S 18.666497 $19.420.595 TOTAL BUDGET-ALLKUNDS Capital FY2019 FY200 FY2021 Utility Billing S 7,178 $- S. Actual Original Budget Original Budget Public Works S 26,004 $- $17.619 Revenues Water $4.212.020 S 4,140,856 S 5,245,000 Total Revenue S 118.200,704 S 107,099.610 S 109.731,317 Wastewater S 17,1P3212 S 4,616,6W S 17,833.000 Total Capital S 21,410.415 $8,757,456 S 23,095,619 Expartdilures Total Personnel amid Operating $69.340.073 5 75,9172D1 S 78.338.270 Carryfor vwd-Operating 33DO Utility Billing $_ S- $- Total Capital S 28.044.471 S 18.267,688 S 29,036.673 32DO Public Works $- S 256,966 S 279,783 3400 water $- S 1S7.439 S 392.702 Total Carryforwerd $• $26,340.507 S 21.989,159 35DO Wastewater $- S 116.M S 249.832 Total Carryforward-Operating $- S 52&5W $922,317 Total Expenditures S 97.384.646 S 120,525,396 S 129,364,101 Carrylorward.Capital Transfers S• $- $• Utility Baling $• S- S- Total Expenditures with Transfers S 97.304.545 S 120.525,396 $129.384,101 Public Works $• S- 3- Water $• $3.632,414 S 3,832,025 �Use►/Additlon of Fund Balance S 20.816.159 $(13.425.786) $(19.632,784) Wastewater S_ $13,585,428 $7,710,655 Total Carryforward.Capital $- $17.217,842 S 11,602,679 Citizens are invited to inspect the detailed supporting records of the above linancial statements. For lurlher information contact City o1 Meridian Finance Department at(208)8884433. Total Carryforward $. S 17.746,347 $12,524.996 July 31,August 7 2020 2028420 22W Page 187