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2011-08-23 PreCouncil Budget Hearing~irE IDIZ IAN;-- ~.J CITY OF MERIDIAN CITY COUNCIL PRE-COUNCIL MEETING AMENDED SPECIAL MEETING AGENDA Tuesday, August 23, 2011 at 6:00 p.m. City Council Chambers 33 East Broadway Avenue, Meridian, Idaho 1. Roll-call Attendance: X David Zaremba X Brad Hoaglun X Charlie Rountree X Keith Bird X Mayor Tammy de Weerd 2. Adoption of the Agenda Adopted 3. Public Hearing: FY2012 Proposed Budget 4. Public Hearing: FY2011 Amended Budget 5. FY2011 Initial GASB (Governmental Accounting Standards Board) Fifty-Four Fund Balance Policy Adoption 6. Executive Session per Idaho State Code 67-2345(1)(b) - To Consider the Evaluation, Dismissal or Disciplining of, or to Hear Complaints or Charges Brought Against, a Public Officer, Employee, Staff Member or Individual Agent, or Public School Student Amended Onto The Agenda: (f) To Consider and Advise its Legal Representatives in Pending Litigation Into Executive Session at 6:35 p.m. Out of Executive Session at 7:00 p.m. Adjourned at 7:00 p.m. Meridian Ciiy Council Pre-Council Meeting Agenda -April 05, 2011 Page 1 of 8 All materials presented at public meetings shall become property of the City of Meridian. Anyone desiring accommodation for disabilities related to documents and/or hearing, please contact the City Clerk's Office at 888-4433 at least 48 hours prior to the public meeting. Public Hearing Proposed Budget for Fiscal Year 2012 City of Meridian, Idaho FY2010 FY2011 FY2012 Actual Original Budget Proposed Budget Revenues Fire $ 266,130 $ 45,000 $ 275,000 Police $ 64,748 $ 60,000 $ 65,000 Parks $ 784,972 $ 865,000 $ 620,000 Total Revenue $ 1,115,850 $ 1,270,000 $ 960,000 Expenditures Personnel and Operating Fire $ 20,012 $ 20,000 $ 20,000 Police $ - Parks $ 2,963 $ - Total Personnel and Operating $ 22,975 $ 20,000 $ 20,000 Capital Fire $ - Police $ - Parks $ 563,483 $ 500,000 $ - Total Capital $ 563,483 $ 500,000 $ - Total Carryforward $ - $ 46,666 $ 1,035,167 Total Expenditures $ 586,458 $ 1,066,666 $ 1,055,167 Transfers $ 305,071 $ - $ - Total Expenditures with Transfers $ 891,529 $ 1,066,666 $ 1,055,167 (Use)/Addition of Fund Balance $ 224,321 $ 203,334 $ (95,167) FY2010 FY2011 FY2012 Actual Original Budget Proposed Budget Revenues Building Revenue $ 1,965,753 $ 1,870,000 $ 1,808,000 Other Revenue $ 136,127 $ 332,000 $ 130,000 Total Revenue $ 2,101,880 $ 2,202,000 $ 1,938,000 Expenditures Total Personnel and Operating $ 1,769,624 $ 2,014,072 $ 2,040,786 Meridian City Council Pre-Council Meeting Agenda-April 05, 2011 Page 2 of 8 All materials presented al public meetings shall become property of the City of Meridian. Anyone desiring accommodation for disabilities related to documents and/or hearing, please contact the City Clerk's Office at 888-4433 at least 48 hours prior to the public meeting. Total Capital Total Carryforward $ - $ 150,000 $ 35,000 Total Expenditures $ 1,769,624 $ 2,164,072 $ 2,075,786 Transfers $ 74,541 $ 136,197 $ 80,988 Total Expenditures with Transfers $ 1,844,166 $ 2,300,269 $ 2,156,774 (Use)/Addition of Fund Balance Capital Imprpvement Fund '- 55 $ 257,714 $ (98,269) $ (218,774) FY2010 FY2011 FY2012 Actual O riginal Budget Proposed Budget Revenues Total Revenue $ 2,981 $ - $ 1,000 Expenditures Total Personnel and Operating $ - $ - $ - Total Capital $ 42,923 $ - Total Carryforward $ - $ 1,678,767 Total Expenditures $ 42,923 $ - $ 1,678,767 Transfers $ (560 000) $ - $ - Total Expenditures with Transfers $ (517,077) $ - $ 1,678,767 (Use)/Addition of Fund Balance $ 520,058 $ - $ (1,677,767) En~crpt'lse ~tJn~ ~ 60 ., G2 FY2010 FY2011 FY2012 Actual Original Budget Proposed Budget Revenues Water/Sewer Sales $ 16,827,044 $ 19,200,000 $ 18,500,000 Other Sources $ 13,667,420 $ 4,240,000 $ 4,190,000 Total Revenue $ 30,494,464 $ 23,440,000 $ 22,690,000 Expenditures Personnel and Operating Utility Billing $ 672,191 $ 794,295 $ 771,983 Public Works $ 1,982,609 $ 3,628,774 $ 3,129,495 Water $ 5,133,796 $ 5,765,154 $ 5,506,573 Meridian City Council Pre-Council Meeting Agenda -April 05, 2011 Page 3 of 8 All materials presented at public meetings shall become property of the City of Meridian. Anyone desiring accommodation for disabilities related to documents and/or hearing, please contact the City Clerk's Office at 888-4433 at least 48 hours prior to the public meeting. Wastewater $ 7,734,115 $ 7,605,890 $ 8,134,890 Total Personnel and Operating $ 15,522,711 $ 17,794,113 $ 17,542,941 Capital Utility Billing $ - $ - $ - Public Works $ 58,903 $ 65,920 $ - Water $ 1,720,233 $ 2,315,600 $ 1,933,000 Wastewater $ 6,433,590 $ 5,181,790 $ 4,746,500 Total Capital $ 8,212,726 $ 7,563,310 $ 6,679,500 Carryforward-Operating $ 1,165,938 $ 966,400 Carryforward -Capital $ 7,223,421 $ 4,951,975 Total Carryforward $ - $ 8,389,358 $ 5,918,375 Total Expenditures $ 23,735,437 $ 33,746,781 $ 30,140,816 Transfers $ 1,068,396 $ 1,310,298 $ 1,694,060 Total Expenditures with Transfers $ (Use)/Addition of Fund Balance $ Total Budget -General Fund (01;08,20) 24,803,833 5,690,631 $ $ 35,057,079 (11,617,079) $ $ 31,834,876 (9,144,876) FY2010 FY2011 FY2012 Actual Original Budget Proposed Budget Revenues Total Revenue $ 27,560,482 $ 27,247,097 $ 27,415,544 Expenditures Total Personnel and Operating $ 24,796,311 $ 26,764,013 $ 27,563,312 Total Capital $ 865,435 $ 1,670,580 $ 2,917,170 Total Carryforward - 2,851,153 1,705,435 Total Expenditures $ 25,661,745 $ 31,285,746 $ 32,185,917 Transfers $ (888,009) $ (1,446,494) $ (1,775,048) Total Expenditures with Transfers $ 24,773,737 $ 29,539,252 $ 30,410,869 (Use)/Addition of Fund Balance $ 2,786,745 $ (2,592,155) $ (2,995,325) Meridian City Council Pre-Council Meeting Agenda -April 05, 2011 Page 4 of 8 All materials presented at public meetings shall become properly of the City of Meridian. Anyone desiring accommodation for disabilities related to documents and/or hearing, please contact the City Clerk's Office at 888-4433 at least 48 hours prior to the public meeting. . Total: Budget ~ All Funds i FY2010 FY2011 FY2012 Revenues Total Revenue Expenditures Total Personnel and Operating Total Capital Total Carryforward Total Expenditures Transfers Total Expenditures with Transfers (Use)/Addition of Fund Balance lrnpac# Fund. - 07 Actual Original Budget Proposed Budget $ 61,275,657 $ 54,159,097 $ 53,004,544 $ 42,111,620 $ 46,592,198 $ 47,167,039 $ 9,684,567 $ 9,733,890 $ 9,596,670 $ - $ 11,937,177 $ 10,372,744 $ 51,796,187 $ 68,263,265 $ 67,136,453 $ 0 $ 1 $ - $ 51,796,187 $ 68,263,266 $ 67,136,453 $ 9,479,469 $ (14,104,169) $ (14,131,909) Public Hearing Amended Budget for Fiscal Year 2011 City of Meridian, Idaho FY2011 FY2011 FY2011 Approved Budget Amendments Proposed Budget Revenues Fire $ 345,000 $ 345,000 Police $ 60,000 $ 60,000 Parks $ 865,000 $ 865,000 Total Revenue $ 1,270,000 $ - $ 1,270,000 Expenditures Personnel and Operating Fire Police Parks Total Personnel and Operating Capital 20,000 $ 20,000 $ - $ 20,000 $ - $ 20,000 Fire $ _ Police $ _ Parks $ 500,000 $ - $ 500,000 Total Capital $ 500,000 $ - $ 500,000 Meridian City Council Pre-Council Meeting Agenda-April 05, 2011 Page 5 of 8 All materials presented at public meetings shall become property of the City of Meridian. Anyone desiring accommodation for disabilities related to documents and/or hearing, please contact the City Clerk's Office at 888-4433 at least 48 hours prior to the public meeting. Total Carryforward $ 546,666 $ (5,906) $ 540,760 Total Expenditures $ 1,066,666 $ (5,906) $ 1,060,760 Transfers Total Expenditures with Transfers $ 1,066,666 $ (5,906) $ 1,060,760 (Use)/Addition of Fund Balance $ 203,334 $ 5,906 $ 209,240 err--..tirri---`'~ u-.,.,-'....,-r~-`~~°~,~-~ `-~~,.,..~.5~ r '"' - .,rl -~~`r -~.•.~%r ~ u '^"' ~ ~ r ~^ ~~v r N ~ ~ Yom"'.--~_... FY2011 FY2011 FY2011 Approved Budget Amendments Prop osed Budget Revenues Building Revenue $ 1,870,000 $ 513,211 $ 2,383,211 Other Revenue $ 332,000 $ 332,000 Total Revenue $ 2,202,000 $ 513,211 $ 2,715,211 Expenditures Total Personnel and Operating $ 2,014,072 $ 207,964 $ 2,222,036 Total Capital $ - $ - $ - Total Carryforward $ 150,000 $ - $ 150,000 Total Expenditures $ 2,164,072 $ 207,964 $ 2,372,036 Transfers $ 136,197 $ 600,722 $ 736,919 Total Expenditures with Transfers $ 2,300,269 $ 808,686 $ 3,108,955 (Use)/Addition of Fund Balance $ (98,269) $ (295,474) $ (393,743) FY2011 FY2011 FY2011 Ap proved Budget Amendments Proposed Budget Revenues Total Revenue $ - $ - Expenditures Total Personnel and Operating $ - $ - $ - Total Capital $ 1,678,767 $ 1,678,767 Total Carryforward Meridian City Council Pre-Council Meeting Agenda -April 05, 2011 Page 6 of 8 All materials presented at public meetings shall become property of the City of Meridian. Anyone desiring accommodation for disabilities related to documents and/or hearing, please contact the City Clerk's Office at 888-4433 at least 48 hours prior to the public meeting. Total Expenditures Transfers Total Expenditures with Transfers (Use)/Addition of Fund Balance $ - $ 1,678,767 $ 1,678,767 $ - $ (600,722) $ (600,~22> $ - $ 1,078,045 $ 1,078,045 (1,078,045) $ (1,078,045) FY2011 FY2011 FY2011 Approved Budget Amendments Proposed Budget Revenues WaterlSewerSales $ 19,200,000 $ 19,200,000 Other Sources $ 4,240,000 $ 8,480 $ 4,248,480 Total Revenue $ 23,440,000 $ 8,480 $ 23,448,480 Expenditures Personnel and Operating Utility Billing $ 794,295 $ - $ 794,295 Public Works $ 3,628,774 $ 894,001 $ 4,522,775 Water $ 5,765,154 $ (519,043) $ 5,246,111 Wastewater $ 7 605 890 $ (481 853) $ 7 124 037 Total Personnel and Operating $ 17,794,113 $ (106,895) $ 17,687,218 Capital Utility Billing $ _ $ _ $ _ Public Works $ 65,920 $ (15,000) $ 50,920 Water $ 2,315,600 $ 127,000 $ 2,442,600 Wastewater $ 5,181,790 $ 25,000 $ 5,206,790 Total Capital $ 7,563,310 $ 137,000 $ 7,700,310 Carryfonvard -Operating $ 1,165,938 $ (655,572) $ 510,366 Carryforward -Capital $ 7 223 421 $ (2 801 608) $ 4 421 812 Total Carryforward 8,389,358 (3,457,180) 4,932,178 Total Expenditures $ 33,746,781 $ (3,427,075) $ 30,319,706 Transfers $ 1,310,298 $ - $ 1,310,298 Total Expenditures with Transfers $ 35,057,079 $ 3,427,075) $ 31,630,004 (Use)lAddition of Fund Balance $ (11,617,079) $ 3,435,555 $ (8,181,524) FY2011 FY2011 FY2011 Approved Budget Amendments Proposed Budget Revenues Total Revenue $ 27,247,097 $ 251,868 $ 27,498,965 Meridian City Council Pre-Council Meeting Agenda -April 05, 2011 Page 7 of 8 All materials presented at public meetings shall become property of the City of Meridian . Anyone desiring accommodation for disabilities related to documents and/or hearing, please contact the City Clerk's Office at 888-4433 at least 48 hours prior to the public meeting. Expenditures Total Personnel and Operating Total Capital Total Carryforward Total Expenditures Transfers Total Expenditures with Transfers (Use)/Addition of Fund Balance Revenues Total Revenue Expenditures Total Personnel and Operating Total Capital Total Carryforward Total Expenditures Transfers Total Expenditures with Transfers (Use)/Addition of Fund Balance $ 26,764,013 $ 4,429,202 $ 31 193 215 $ 1,670,580 $ 760,577 $ 2 431 157 2,851,153 (532,718) 2318435 $ 31,285,746 $ 4,657,061 $ 35 942 807 $ (1,446,494) $ - $ (1 446 494) $ 29,839,252 $ 4,657,061 $ 34 496 313 (2,592,155) $ (4,405,193) $ (6,997,348) FY2011 FY2011 FY2011 Approved Budget Amendments Proposed Budget $ 54,159,097 $ 773,559 $ 54 932 656 $ 46,592,198 $ 4,530,271 $ 51122469 $ 9,733,890 $ 2,576,344 $ 12 310 234 $ 11,937,177 $ (3,995,504) $ 7941373 $ 68,263,265 $ 3,110,811 $ 71 374 076 $ 1 $ - $ 1 $ 68,263,266 $ 3,110,811 $ 71 374 077 (14,104,169) $ (2,337,252) $ (16,441,421) Meridian City Council Pre-Council Meeting Agenda -April 05, 2011 Page 8 of 8 All materials presented at public meetings shall become property of the City of Meridian. Anyone desiring accommodation for disabilities related to documents and/or hearing, please contact the City Clerk's Office at 888-4433 at least 48 hours prior to the public meeting. Meridian City Council Meeting DATE: August 23, 2011 ITEM NUMBER: PROJECT NUMBER: ITEM TITLE: Public Hearing: FY2012 Proposed Budget MEETING NOTES ~jfac~ ~ Community Item/Presentations Presenter Contact Info.lNotes CLERKS OFFICE FINAL ACTION DATE: E-MAILED TO SENT TO SENT TO NOTES INITIALS STAFF AGENCY APPLICANT Special Notice of Public Hearing Proposed Budget for Fiscal Year 2012 City of Meridian, Idaho A public hearing, pursuant to Idaho Code 50-1002, will be held for consideration of the proposed budget for the fiscal year from October 1, 2011 to September 30, 2012. The hearing will be held at Meridian City Hall, 33 East Broadway Avenue, Meridian, Idaho at 6:00 p.m. on Tuesday, August 23, 2011. All interested persons are invited to appear and show cause, if any, why such budget should or should not be adopted. Copies of the proposed City budget in detail are available at the City Hall during regular office hours (8:00 AM to 5:00 PM, weekdays). City HaII is accessible to persons with disabilities. Anyone desiring accommodation for disabilities related to the budget documents or to the hearing, please contact the City Clerk Office, 888-4433 at least 48 hours prior to the public hearing. The proposed FY2012 budget is shown below as FY2012 proposed expenditures and revenues. Irnpact'Fund - ~7 FY2010 FY2011 FY2012 Actual Original Budget Proposed Budget Revenues Fire $ 266,130 $ 45,000 $ 275,000 Police $ 64,748 $ 60,000 $ 65,000 Parks $ 784,972 $ 865,000 $ 620,000 Total Revenue $ 1,115,850 $ 1,270,000 $ 960,000 Expenditures Personnel and Operating Fire $ 20,012 $ 20,000 $ 20,000 Police $ - Parks $ 2,963 $ - Total Personnel and Operating $ 22,975 $ 20,000 $ 20,000 Capital Fire $ - Police $ - Parks $ 563,483 $ 500,000 $ - Total Capital $ 563,483 $ 500,000 $ - Total Carryforward $ - $ 46,666 $ 1,035,167 Total Expenditures $ 586,458 $ 1,066,666 $ 1,055,167 Transfers $ 305.071 Total Expenditures with Transfers $ 891,529 $ 1,066,666 $ 1,055,167 (Use)/Addition of Fund Balance $ 224,321 $ 203,334 $ (95,167) n '°~~~C~I~~1~5~~~'~~r~~~~~~l~d ~ - ~ r r FY2010 FY2011 FY2012 Actual Original Budget Proposed Budget Revenues Building Revenue $ 1,965,753 $ 1,870,000 $ 1,808,000 Other Revenue $ 136,127 $ 332,000 $ 130,000 Total Revenue $ 2,101,880 $ 2,202,000 $ 1,938,000 Expenditures Total Personnel and Operating $ 1,769,624 $ 2,014,072 $ 2,040,786 Total Capital Total Carryforward $ - $ 150,000 $ 35,000 Total Expenditures $ 1,769,624 $ 2,164,072 $ 2,075,786 Transfers $ 74,541 $ 136,197 $ 80,988 Total Expenditures with Transfers $ 1,844,166 $ 2,300,269 $ 2,156,774 (Use)/Addition of Fund Balance iCapitatlmprovement Fund - 55 $ 257,714 $ (98,269) $ (218,774) FY2010 FY2011 FY2012 Actual Ori ginal Budget Pro posed Budget Revenues Total Revenue $ 2,981 $ - $ 1,000 Expenditures Total Personnel and Operating $ - $ - $ - Total Capital $ 42,923 $ - Total Carryforward $ - $ 1,678,767 Total Expenditures $ 42,923 $ - $ 1,678,767 Transfers $ (560,000) $ - $ - Total Expenditures with Transfers $ (517,077) $ - $ 1 678 767 (Use)/Addition of Fund Balance $ 520,058 $ - $ (1,677,767) __ __ __ _. En'kefprse Fund r FQ - F~~ _ _ _ _ FY2010 FY2011 FY2012 Actual Ori ginal Budget Proposed Budget Revenues Water/Sewer Sales $ 16,827,044 $ 19,200,000 $ 18,500,000 Other Sources $ 13,667,420 $ 4,240,000 $ 4,190,000 Total Revenue $ 30,494,464 $ 23,440,000 $ 22,690,000 Expenditures Personnel and Operating Utility Billing $ 672,191 $ 794,295 $ 771,983 Public Works $ 1,982,609 $ 3,628,774 $ 3,129,495 Water $ 5,133,796 $ 5,765,154 $ 5,506,573 Wastewater $ 7,734,115 $ 7,605,890 $ 8,134,890 Total Personnel and Operating $ 15,522,711 $ 17,794,113 $ 17,542,941 Capital Utility Billing $ - $ - $ - Public Works $ 58,903 $ 65,920 $ - Water $ 1,720,233 $ 2,315,600 $ 1,933,000 Wastewater $ 6,433,590 $ 5,181,790 $ 4,746,500 Total Capital $ 8,212,726 $ 7,563,310 $ 6,679,500 Carryforward -Operating $ 1,165,938 $ 966,400 Carryforward -Capital $ 7,223,421 $ 4,951,975 Total Carryforward $ - $ 8,389,358 $ 5,918,375 Total Expenditures $ 23,735,437 $ 33,746,781 $ 30,140,816 Transfers $ 1,068,396 $ 1,310,298 $ 1,694,060 Total Expenditures with Transfers $ 24,803,833 $ 35,057,079 $ 31,834,876 (Use)(Addition of Fund Balance $ 5,690,631 $ (11,617,079) $ (9,144,876) Total Budget -General Fund {01,08,20) FY2010 FY2011 FY2012 Actual Original Budget Proposed Budget Revenues Total Revenue $ 27,560,482 $ 27,247,097 $ 27,415,544 Expenditures Total Personnel and Operating $ 24,796,311 $ 26,764,013 $ 27,563,312 Total Capital $ 865,435 $ 1,670,580 $ 2,917,170 Total Carryforward - 2,851,153 1,705,435 Total Expenditures $ 25,661,745 $ 31,285,746 $ 32,185,917 Transfers $ (888,009) $ (1,446,494) $ (1 775 048) Total Expenditures with Transfers $ 24,773,737 $ 29,839,252 $ 30,410,869 (Use)/Addition of Fund Balance $ 2,786,745 $ (2,592,155) $ (2,995,325) Total Btadget -All Funds FY2010 FY2011 FY2012 Actual Original Budget Proposed Budget Revenues Total Revenue $ 61,275,657 $ 54,159,097 $ 53,004,544 Expenditures Total Personnel and Operating $ 42,111,620 $ 46,592,198 $ 47,167,039 Total Capital Total Carryforward Total Expenditures Transfers Total Expenditures with Transfers (Use)/Addition of Fund Balance $ 9,684,567 $ 9,733,890 $ 9,596,670 $ - $ 11,937,177 $ 10,372,744 $ 51,796,187 $ 68,263,265 $ 67,136,453 $ 0 $ 1 $ - $ 51,796,187 $ 68,263,266 $ 67,136,453 $ 9,479,469 $ (14,104,169) $ (14,131,909) The proposed expenditures and revenues for fiscal year 2012 have been tentatively approved by the City Council and entered in detail in the Journal of Proceedings. Dated this 5~h day of August, 2011 CITY OF MERIDIAN PRE-COUNCIL PUBLIC HEARING SIGN-UP SHEET ®ATE August 23, 2011 STEM # 3 PROJECT NUMBER PROJECT NAME FY2012 Proposed Budget -~.pP~., A ~~~21NT NAME FOR AGAINST NEUTRAL ~u_ s. a ~_ ,. ~a ~. ,~ .,.,~ T ,~r•. .`.;; The City of Meridian provides a wide variety of services and programs for the City of Meridian. Most of these services can be divided into one of two funds. The General Fund is supported by taxes, fees, and other funding mechanisms and the Enterprise Fund is funded solely by user fees. The two funds are maintained and accounted for separately. ~. ~ . , „ .. ~ _ : ~ ~~xl~$~~~I .~~'~l~l ~~~xv~~.~f~ ~~~c~~~~~~n • Police & Code Enforcement • Fire • Parks & Recreation and Community Events • Community Development (Building Permitting and Inspections, Planning and Zoning) • Economic Development • Youth Outreach • Street Lights ~~~1~~~~°~~f'l`~~` .~~`l~k~~ • Water • Wastewater • Solid Waste Collection lrlc3xr~~~~t ~rvi~°~~ t:~l~~: s~al~i~t~l°t ~~c>i ~~~~1~°l°~~1 1~l~x~ci F;II~€~r'f~i~i~~ ~~lall~ ~~rvac~~~ zl~l~:l~a~. • Finance & Purchasing • Human Resources • Information Technology • City Clerk • Legal' 1 BRI e ~ F. ~ ~a gg , - ~ .- ' ' _ ~.a ° The largest percentage of General Fund , ~e ~ v- r ~ F revenue comes from property tax, in FY2012 it will be 65% of total income. But it is not the General Fund's only source of revenue. property Tax- 65% By state statute the City is allowed to increase property tax revenue by • Development Service ° up to 3% over the prior year in addition to the increase triggered by Fees- 6 /o new construction. Because the local economy is still in recovery the , General Fees/Misc.- 5% City has elected to not take the 3% increase for the second year in a Franchise Fees- 4% !' row. New construction within the City will increase property tax for ! . Impact fees- 3% "' FY2012 by 2%. Intergovernmental Revenue Sharing- %17 The next largest percentage of General Fund revenue (17%) is in a category called Intergovernmental. This includes a share of state sales E tax and liquor sales and partnership with the Meridian Rural Fire ~~ ex~e~1- pro~3exty tax Department. ;iii [~Y'J.OI?., t-vill Inc ~1 }.;3 million dollars, iet The General Fund has one source of restricted revenue, impact fees. comparison tl~e Police Impact fees are collected when a building permit is issued and can only ! bpd 1- i i~e l3ud~efs ~Iortt be used for capital projects for Parks, Police and Fire. The City is not ;will be $20 2 rnilliori bud etin an g g y projects using impact fees in FY2012. . . z ,~ s. :~. i The City has experienced ' i ~ = _ ~ % - ~ '~:: For tax year 2010 Meridian City residents and ~~ commercial growth in 2011. business owners paid property tax assessed at $12.97 per $1,000 dollars ' However, the Treasure Valley of property value for ALL taxing districts. Resident homeowners are 'continues to struggle with high able to exempt the greatest of 50% of the residence value or $89,325 'unemployment along with a from property tax valuation. depreciating and stagnant ' housing market. This budget is In 2010 Meridian's portion of the levy was .004089997 or $4.09 per ~! based on very conservative $1000 of accessed value. Althou h the Cit rs not takin an ! t of ' estimates for new building !, the 3% increase the levy rate will go up to an estimated $4.33 per activity, almost zero interest $1000. i rates, and little or no change in '. the main revenue streams. For a This is because the taxable value of property in Meridian has decreased '; detailed forecast and since the prior taxing period. Value decreases in the subsequent two ' explanation of all the sources of years have been around 12% annually. For tax year 2011 the decline in ; City revenue see the Revenue taxable value as a whole was at a much smaller percentage, between Manual on the website- 3%and 4%. As with the last two years residential properties lost more www.meridiancity.org under value than commercial properties. . the Finance Department- F 4~~: 4 ~~,, , ~ F Budget Development. 2 The following is an illustration of the impact of falling property values and rising levy rates to the average residential home owner in Meridian. This is a comparison of taxes paid this year as opposed to what will be paid next year. 20~~ ao~o Assessed ', Value '; $147,726'; $155,600 Hone ~..,! Owners Exempilon $73,863 $77,500 Taxable Value i $73,862 I $78,000 Levy Rate 0.004331 0.004090 lax - $319.90 $319.02'': - ` ; The total General Fund FY2012 budget (personnel, operating, and capital) is $30,847,208. The Majority of the General Fund budget is in personnel. C'ily of Mcrirlian FYIOIJ General ~~uncl 11ud~et by f'ralrarrt Admin Services: Rec 17% The arrrount oFproperty ta.x revenue we will collect in I~Y1011 will be a(~oui: $;3`x,000 more than the revenue we ca~ectecl in 1~`~'2011; this is bec~~rse (:17f, (9i~, will. called acis3itiaral taxes clue to crew canstr~uctiotx that occurred c~urinl )OIOe ,~ 1 <<r;; . ,.,, ri The City uses the five and ten year capital improvement plan to budget annual capital acquisitions and projects. The City capital improvement plan is funded by a combination of current revenue, impact fees, donations, partnerships, and money the City has saved in fund balance. . ~~sx ~,5,f~ k ,:.v Ktq j~x, k'~k'. The City in compliance with state statue presents a balanced budget. The City's practice is that personnel and operating expenses (on-going expenses) must be covered by the amount of annual expected revenue. The City does not use debt for interim financing or to finance assets. Tl1e l~r~est Uener~l p'uhd Departments are the public saFety departmer~is, E'olice and p'ire,' The budget is made up of costs the City incurs to maintain the existing I level of service. A request for a new program or service or to enhance the existing level of service is called an enhancement. An enhancement maybe for something that wIll only impact the current year such as a capital purchase or an on-going item like adding additional personnel. In the FY2012 General Fund budget focus is ~ ~ -~ generally on improving existing services. _ ~ ~ ~ ~' - ~ ® t~ : ` °,.' x n ~ ~ " ~ ' ; The Fire Department is adding three '` ~ .. r }r 'fy Division Chrefs to increase the number of command level positions ~ ~ ~ from five to eight allowing coverage of administrative duties as well as ensuring 24-7 command response. ~ , ~ l f. ~, ~ _~ a,,2 E~=gar ~t~: The Parks Department must relocate their shop and maintenance building due to N the widening of Meridian Road. A piece of land was purchased in FY2011 so in FY2012 the Ciry is budgeting for the building. The City also set aside $100,000 for pathway connection projects and $500,000 ~ ~ _ ,. ~ ~ t r, =~ toward the eventual construction of a field house. These items are in ' the City's Capital Improvement Plan with the maintenance shop slated a "`' ~ ~ ~~~' ~ ~° to use fund balance. °~ ' c , x . { } ~. -_ ~ _ ' ~ _ ~ ~- ~ _ ~ ~; _ ~ Administration is adding two and a half 1'oltce--~ 1 ~ 1 9?,1: positions. One position is a building maintenance worker for the City , Small Grants & Equipment Hall; the other one and a half positions are to enhance the City's GIS projects. ? F'ir~_-$!~~a,303. 3 Additional Fire Chiefs `i F ~ _ { i ~ ~ ,'; Fri .: ~ s i ~~ a t z~: The City is budgeting funds to conduct a public outreach in southern Meridian with the goal of r I'~rlrs-_;~~ ~ 3'% ~ y ~; developing land use designations in the comprehensive plan. '; Maintenance i Building -t ' _ ~ ~ t ~ ~ #:: Each year part of the budget is devoted to ~ Pathways replacing equipment. The majority of the replacements are capital ' Field House replacements; the City also replaces computers and periodically updates software. For FY2012 the City is budgeting $600,000 for '' Ac#tr2inistt'~t1o11 ~ 1(}l, `~64: replacements. About half of this is for Police vehicles and computers in ! Additional Building police vehicles. Another one third is for Fire and Park vehicle and Maintenance Worker equipment replacement. 1:5 additional GIS Programmers The FY2012 General Fund budget also includes a variety of smaller enhancements. Find the dollar amounts and detail on the City's website ~'latlnin~--;?5,618: - www.rnerdiancitv.org under the Finance Department under Budget Public Outreach Development. 4 r,- „~~~< t>~s1 ~~ ty, p ~~~ t ~ € "~ ° ~ i<;. The Ci s Enter rise Fund is financed through user fees. This is the opposite of the General Fund where it is generally not feasible to charge fees because the services are "general" like public safety and parks. The Enterprise Fund is operated and accounted for in the same manner as a business with the exception of attempting to generate a profit. The excess of revenue over expense is used to fund capital projects that benefit the system. Money from the Enterprise Fund is not used for operations of the General Fund and visa versa. The Enterprise Fund does pay for the cost of space in the City Hall and for its share of support services. The City Enterprise Fund operates the City's water and sewer systems. The City also provides solid waste collection however contracts for this service from Sanitary Services Corporation. There are two principal sources of revenue; usage revenue for water and for flows through the sewer system and connection revenue, the one-time fee paid by a property to connect to the water and sewer systems. The costs to maintain and build out the centralized waste water treatment plant and the cost to maintain and build out the City's 400 miles of sewer lines are the most costly components of the Fund and earn the highest percentage of revenue. ~ _. ' ~ _ ~ ` ~ . ~ i t "z. ` The Enterprise Fund is dividedinto three major divisions, Public Works, Water and Wastewater. The Public Works Department encompasses the engineering, planning and oversight of Water and Sewer operations and construction as well as inspection of developer constructed utility infrastructure and plan review. Utility Billing is part of the Finance Department and does all the billing for the utility and for the solid waste collection contractor. The Water Department maintains the City's 19 wells and 200 miles of water mains as well as maintaining and monitoring water quality and pressure. The Wastewater Division is by far the largest division. This division operates and maintains a centralized treatment facility as well as over 400 miles of sewer line. The City has about 27,000 water and sewer accounts. The Enterprise Fund requested $7.7 million dollars for program and program enhancements. The majority of request, 86%, is for equipment or construction projects. Additionally the majority of the new money, 64%, is directed toward the Wastewater Treatment Division. ~~ t ", '.. ~: Water L>ivzsion-- ~r~tQ.(~jy~l~~. Well Development and Rehabilitation Machinery & Equipment Water Lines Backflow Pressure Equalization WasCewatcer l:)ivrsic~r7- ~~1,9~6,~13e Treatment Plant Improvements Sewer Lines Machinery & Equipment Reclaimed Lines l'ia(~lic~ tWar°ks :?nginecfr_rtl,- Source Water Master Planning t .s _. • Sewer Usage Sales- 52% • Water Usage Sales- 30% • Sewer Connection Fees- 8% • Water Connection Fees- %5 • Misc. Fees- 3% • Interest- 2% CNy of Meritlian FY2012 Enterprise Funtl Butlget - $25,9t6,501(w/o CF) Public Works WWTP 52% Utility Billing 3% Dater 32 Meridian City Council Meeting DATE: August 23, 2011 ITEM NUMBER: PROJECT NUMBER: ITEM TITLE: Public Hearing: FY2011 Amended Budget DATE: E-MAILED TO SENT TO SENT TO NOTES INITIALS STAFF AGENCY APPLICANT Special Notice of Public Hearing Amended Budget for Fiscal Year 2011 City of Meridian, Idaho NOTICE IS HEREBY GIVEN that the City Council of the City of Meridian will hold a Public Hearing for consideration of an amendment to the 2011 fiscal year budget by appropriating additional monies received by the City of Meridian, said hearing to be held at Meridian City Hall, 33 East Broadway Avenue, Meridian, Idaho, at 6:00 p.m. on Tuesday, August 23, 2011. Impact Fund - 07 FY2011 FY2011 FY2011 Approved Budget Amendments Proposed Budget Revenues Fire $ 345,000 $ 345,000 Police $ 60,000 $ 60,000 Parks $ 865,000 $ 865,000 Total Revenue $ 1,270,000 $ - $ 1,270,000 Expenditures Personnel and Operating Fire $ 20,000 $ 20,000 Police $ - Parks $ - Total Personnel and Operating $ 20,000 $ - $ 20,000 Capital Fire $ - Police $ - Parks $ 500,000 $ - $ 500,000 Total Capital $ 500,000 $ - $ 500,000 Total Carryforward $ 546,666 $ (5,906) $ 540,760 Total Expenditures $ 1,066,666 $ (5,906) $ 1,060,760 Transfers Total Expenditures with Transfers $ 1,066,666 $ (5,906) $ 1 060 760 (Use)/Addition of Fund Balance $ 203,334 $ 5,906 $ 209,240 ~ Irr~1~ ~7a~~ t'~1~ d F`tar ~'' f '" r ~ ~ ~ FY2011 FY2011 FY2011 Approved Budget Amendments Proposed Budget Revenues Building Revenue $ 1,870,000 $ 513,211 $ 2,383,211 Other Revenue $ 332,000 $ 332,000 Total Revenue $ 2,202,000 $ 513,211 $ 2,715,211 Expenditures Total Personnel and Operating $ 2,014,072 $ 207,964 $ 2,222,036 Total Capital $ - $ - $ - Total Carryforward $ 150,000 $ - $ 150,000 Total Expenditures $ 2,164,072 $ 207,964 $ 2,372,036 Transfers $ 136,197 $ 600,722 $ 736,919 Total Expenditures with Transfers $ 2,300,269 $ 808,686 $ 3,108,955 (Use)/Addition of Fund Balance $ (98,269) $ (295,474) $ (393,743) FY2011 FY2011 FY2011 Ap proved Budget Amendments Prop osed Budget Revenues Total Revenue $ - $ - Expenditures Total Personnel and Operating $ - $ - $ - Total Capital $ 1,678,767 $ 1,678,767 Total Carryforward $ - Total Expenditures $ - $ 1,678,767 $ 1,678,767 Transfers $ - $ (600,722) $ (600 722) Total Expenditures with Transfers $ - $ 1,078,045 $ 1,078,045 (Use}/Addition of Fund Balance $ - $ (1,078,045) $ (1,078,045) ~nkerr~se Find 2,~Q - S2. i FY2011 FY2011 FY2011 Approved Budget Amendments Proposed Budget Revenues Water/Sewer Sales Other Sources Total Revenue Expenditures Personnel and Operating Utility Billing Public Works Water Wastewater Total Personnel and Operating Capital Utility Billing Public Works $ 19,200,000 $ 19,200,000 $ 4,240,000 $ 8,480 $ 4,248,480 $ 23,440,000 $ 8,480 $ 23,448,480 $ 794,295 $ - $ 794,295 $ 3,628,774 $ 894,001 $ 4,522,775 $ 5,765,154 $ (519,043) $ 5,246,111 $ 7,605,890 $ (481,853) $ 7,124 037 $ 17,794,113 $ (106,895) $ 17,687,218 $ - $ - $ - $ 65,920 $ (15,000) $ 50,920 Water $ 2,315,600 $ 127,000 $ 2,442,600 Wastewater $ 5,181,790 $ 25,000 $ 5,206,790 Total Capital $ 7,563,310 $ 137,000 $ 7,700,310 Carryforward -Operating $ 1,165,938 $ (655,572) $ 510,366 Carryforward -Capital $ 7,223,421 $ (2 801 608) $ 4 421 812 Total Carryforward 8,389,358 (3,457,180) 4,932,178 Total Expenditures $ 33,746,781 $ (3,427,075) $ 30,319,706 Transfers $ 1,310,298 $ - $ 1,310,298 Total Expenditures with Transfers $ 35,057,079 $ 3,427,075) $ 31 630 004 (Use)/Addition of Fund Balance $ (11,617,079) $ 3,435,555 $ (8,181,524) FY2011 FY2011 FY2011 Approved Budget Amendments Proposed Budget Revenues Total Revenue $ 27,247,097 $ 251,868 $ 27,498,965 Expenditures Total Personnel and Operating $ 26,764,013 $ 4,429,202 $ 31,193,215 Total Capital $ 1,670,580 $ 760,577 $ 2,431,157 Total Carryforward 2,851,153 (532,718) 2,318,435 Total Expenditures $ 31,285,746 $ 4,657,061 $ 35,942,807 Transfers $ (1,446,494) $ - $ (1 446 494) Total Expenditures with Transfers $ 29,839,252 $ 4,657,061 $ 34,496,313 (Use)/Addition of Fund Balance $ (2,592,155) $ (4,405,193) $ (6,997,348) Total Budget -All 'Funds __ __ FY2011 FY2011 FY2011 Ap proved Budget Amendments Proposed Budget Revenues Total Revenue $ 54,159,097 $ 773,559 $ 54,932,656 Expenditures Total Personnel and Operating $ 46,592,198 $ 4,530,271 $ 51,122,469 Total Capital $ 9,733,890 $ 2,576,344 $ 12,310,234 Total Carryforward $ 11,937,177 $ (3,995,804) $ 7,941,373 Total Expenditures $ 68,263,265 $ 3,110,811 $ 71,374,076 Transfers $ 1 $ - $ 1 Total Expenditures with Transfers $ 68,263,266 $ 3,110,811 $ 71,374,077 (Use)lAddition of Fund Balance $ (14,104,169) $ (2,337,252) $ (16,441,421) Expenditure of the monies will be in accordance with the provisions authorized by the amendment of the budget. Publication dates of the notice of the Public Hearing are the 8th and the 15th of August 2011 in the Valley Times. ~, ~; 5 Dated this 5th of August, 2011 ~ > ~ ~ ~6~pO"0`°~~ 7~xx' ~ Y.G ..O PUH. 4. Y' Y~f U L. Honl~i -City"~r' ~cg~ ~~~~~~ o" Y v, g~q, rn4 ' ~~ 2L~S f k s'~ ~~ ~iS ~~~t G~ I ~{ ~,~i CITY OF MERIDIAN PRE-COUNCIL PUBLIC HEARING SIGN-UP SHEET ®ATE August 23, 2011 ITEM # PROJECT NUMBER 4 PROJECT NAME FY2011 Amended Budget PLEASE PRINT NAME FOR AGAINST NEUTRAL ~..~ - ~; , 14.8 ~~ ep a ,€ ~f Meridian City Council Meeting DATE: August 23, 2011 ITEM NUMBER: PROJECT NUMBER: ITEM TITLE: FY201 1 Initial GASB (Governmental Accounting Standards Board) Fifty-Four Fund Balance Policy Adoption MEETING NOTES k /~y~ ~ ~~ Community Item/Presentations Presenter Contact Info./Notes CLERKS OFFICE FINAL ACTION DATE: E-MAILED TO SENT TO SENT TO NOTES INITIALS STAFF AGENCY APPLICANT CITY of MERIDIAN FUND BALANCE POLICY Department of Finance -draft August 2011 Purnose The purpose of this policy is to establish guidelines as per GASB 54 to categorize the City governmental fund balances from the current 3 categories to the new 5 categories. These fund balances are essential to maintain adequate levels to provide financial stability from unforeseen revenue fluctuations, unanticipated expenditures and ensure the City has sufficient cash flows. Fund Balance Desienations 1. NONSPENDABLE Fund Balance This fund balance is for those assets that are non cash or legally or• conhacttial~y required to be maintained intact. Such as inventory, long term loans receivable, property held for sa]e, endowment or permanent fund principal and prepaid items. 2. RESTRICTED Fund Balance This fund balance is constrained for a specific purpose and Legally restricted by external parties. Such as State or Federal agencies. 3. COMMITTED Fund Balance This fund balance constraint is self imposed by the City Council. Formal action is required by City Council to commit funds and must occur prior to year end; however, the actual dollar amount may be determined in the subsequent period. 4. ASSIGNED Fundl3alance This fund balance is ~iritended for specific purpose;and the authority to "assign" is delegated to the City Chief Financial Offreer. Formal action is not necessary to impose, remove or modify an Assigned Fund Balance.'' '. 5. UNASSIGNED Fiord Balance:... Thr~ i§ `the remaining fiord balance that had. no internal or external restrictions. Unassigned amounts are "available for any purpose. Although there is generally no set spending plan, there is a need to maintai`.tr'a certain funding level. The unassigned fund balance is commonly used for emergency expenditdresorrwerves nee~~d to ensure cash flow. GASB refers to a minimum'fund balance as a Stabilization Arrangement. The City has established the practice of reserving 4 months of the current year budget of persomlel and year to year operating costs as the amount needed to reserve to ensure we have sufficient cash flow to maintain services between property tax receipts. This reserve will be in the unassigned fund balance unless the City Chief Financial Officer designates otherwise. SpendinE Fund Balance GASB recommends the restricted, committed, assigned are spent first followed by the unassigned. The City will follow this rule unless Council approves to do otherwise thru the budget process or the capital improvement plan. GOVERNMENTAL BALANCE SHEET GASB 54 Fund Balance Designation changes Old Designations Govermental Fund Balance FY2010 Reserved: Impact Fund 1,964,241 Captal Projects Fund 2,519,705 Police Debt Service - Designated for public safety purchases 2,070,983 Unreserved 19.645 034 TOTALS 26 199 963 No[e: minimum fund balance reserve is in the Unassigned New Designations Govermental Nonspendable Fire Trust Fund 4,078 Prepaid items 206,455 Restricted ~v Impact Fund Grant Fund 1,964,241 - /v Debt Service - Committed: Budget of Fund Balance - Commitments ... 216,799 Fund BalapGe Budget for Carryfonvard 3,009,195 Capital Projects Funtl 2,519,705 Public Safety Fond 2,070, 903 Fund 16,208,507 Meridian City Council Meeting DATE: August 23, 2011 ITEM NUMBER: 6 PROJECT NUMBER: ITEM TITLE: Executive Session per Idaho State Code 67-2345(1) (bJ - To Consider the Evaluation, Dismissal or Disciplining of, or to Hear Complaints or Charges Brought Against, a Public Officer, Employee, Staff Member or Individual Agent, or Public School Student MEETING NOTES Community Item/Presentations Presenter Contact Info./Notes CLERKS OFFICE FINAL ACTION DATE: E-MAILED TO STAFF SENT TO AGENCY SENT TO APPLICANT NOTES INITIALS Meridian City Council Special Meeting A-ugust 23, 2011 A meeting of the Meridian City Council was called to order at 6:00 p.m., Tuesday, August 23, 2011, by Mayor Tammy de Weerd. Members Present: Mayor Tammy de Weerd, Brad Hoaglun, David Zaremba, Keith Bird and Charlie Rountree. Item 1: Roll-call Attendance: Roll call. X David Zaremba X Brad Hoaglun X Charlie Rountree X Keith Bird X Mayor Tammy de Weerd 2. Adoption of the Agenda Hoaglun: Move to approve the amended agenda. Rountree: Second. ALL AYES. MOTION CARRIED. 3. Public Hearing: FY2012 Proposed Budget 4. Public Hearing: FY2011 Amended Budget 5. FY2011 Initial GASB (Governmental Accounting Standards Board) Fifty-Four Fund Balance Policy Adoption 6. Executive Session per Idaho State Code 67-2345(1)(b) - To Consider the Evaluation, Dismissal or Disciplining of, or to Hear Complaints or Charges Brought Against, a Public Officer, Employee, Staff Member or Individual Agent, or Public School Student ~ _ _ ~_ ~_~ (Due to Audio Equipment failure no recording available.) De Weerd: I would entertain a motion to go into Executive Session. Hoaglun: So moved. Bird: Second. Roll Call: Bird, aye; Zaremba, aye; Rountree, aye; Hoaglun, aye. ALL AYES. MOTION CARRIED. Executive Session: Into at 6:35 p.m. and out of at 7:00 p.m. De Weerd: Okay, Council, I would entertain a motion to come out of Executive Session. Meridian City Council October 4, 2011 Page 2 of 23 Zaremba: So moved. De Weedr: I have a motion and a second to come out of Executive Session. All those in favor say aye. All ayes. Motion carried. MOTION CARRIED: ALL AYES. De Weerd: Do I have a motion to adjourn our special meeting. Rountree: So moved. Bird: Second. De Weerd: All those in favor say aye. All ayes. MOTION CARRIED: ALL AYES. MEETING ADJOURNED AT 7:00 P.M. C'; cau.url /~l yi ~~D A U~~s~ / 0 ~ ~~ ~ aoll l .,s~ DATE APPROVED Gty of .~ '~ ~,~ /~ ''`C L. HOLMAN, CITY CLERK a~ 5E,AL ti ~ ~~ r~~ °f tb E ~S~~~c ~rR