HomeMy WebLinkAbout2009 08-25 CCP Joint Work Session with Financial Commission AGENDA
CITY COUNCIL/FINANCIAL COMMISSION JO1NT WORK SESSION
Tuesday, August 25, 2009
6:30 P.M.
Council Chambers
City Hall
1. Call to Order
2. Discussion of Property T� Levy for 2010 and Funding Options.
a. Staff Review of Worksheets
b. Questions and Comments
3. Adjourn
2010 Budget Calendar
(All dates 2009 unless otherwise indicated)
Citv Council Meetina Schedule
July 20 6:30 PM Goals and Strategies
August 25 6:30 PM Tax Levy, Funding Options and Limitations
August 31 6:30 PM Review Governmental Funds Budget Proposals
(General Fund, Grant Funds, TIF Funds, Debt
Service Funds)
September 14 7:00 PM Adopt Preliminary 2010 Tax Levy and Budget
October 19 6:30 PM Utility Fund Operations, Rates and Enterprise
Funds
November 16 6:30 PM Capital Project Funds
Capital Improvement Plan
November 23 7:00 PM Adopt Utility Rates for 2010
Adopt Pay Plan/Cafeteria Contribution for 2010
December 14 7:00 PM Adopt Final Tax Levy
Adopt Final Budgets
note: T
he 2009 Le islature eliminated the mandated Truth in T x ti
9 a a on
hearings and published notices. However, the City Council must still
allow the opportunity for general public input into the budget process
prior to adopting the final 2010 budget and property tax levy.
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�lemorandum
Date: 21 August 2009
To: Curt Boganey, City Manager
From: Daniel Jordet, Director of Fiscal Support Services
Re: 2010 Tax Levy and Funding Options for General Fund
Attached to this memorandum are four spreadsheets that can guide discussion
on the 2010 General Fund budget, programs, and the properly tax levy
supporting those activities.
Pages 1 and 2 show the current projections for revenue and expenditures for the
General fund. Column A shows the 2008 Budget, Column B the original 2009
Budget, Column C the revised 2009 Budget (currently in effect), and Column D
shows the current status of the 2010 Budget plan. Property Taxes have been
left open in the 2010 revenues until discussion has occurred on the options on
pages 3 and 4. Page 3 shows the 2009 properry tax levy in Column A and four
options for the 2010 property tax levy in Columns B through E. These will be
explained and discussed at the 25 August 2009 joint work session of the City
Council and Financial Commission. Page 4 shows the resulting General Fund
budget gap for each of the property tax levy options on page 3.
After obtaining Council and Commission feedback on the property tax levy
options on the 25th, staff will prepare a balanced 2010 General Fund Budget
proposal for discussion by the same group on Monday, 31 August 2009.
City of Brooklyn Center
2010 Budget Revenue/Expenditure Gap Analysis
as of 21 August 2009
A B C D
2008 2009 2009 2010
Budget Budqet Budget Budget Notes
REVENUES: original amended dratt
1 Property Taxes Levied 11,233,679 11,804,016 11,804,016 (open)
Other Revenues
Z Lodging Taxes 665,000 720,000 720,000 750,000 new hotel
3 Lieenses 279,345 231,795 231,795 296 ,937 renewal year for multi family housing
4 Permlts 444,500 499,500 499,500 409,000 decrease in building activity
5 Intergovernmental 1,652,008 2,022,332 1,425,667 1,101,109 ��Aiosses
6 Charges for Service 694,104 719,593 719,593 841,362 Code enForcement mitigation
7 Fines 248,000 296,000 296,000 324,000
8 Interest 185,000 185,000 185,000 100,000 sharp drop in interest rates
9 Miscellaneous 117,200 135,450 135,450 45,470 Lack of "misce�laneous^
10 Subtotal: 4,285,157 4,809,670 4,213,005 3,867,878
11 TOTAL REVENUES: 15,518,836 16,613,686 16,017,021 3,867,878
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August 25 joint worksession.xlsx
City of Brooklyn Center
2010 Budget Revenue/Expenditure Gap Analysis
as of 21 August 2009
A B C D
2008 2009 2009 2010
Budget Budget Budget Budget Notes
EXPENDITURES: original amended dratt
12 Mayor and Council 134,300 133,791 130,391 130,018
13 City Manager 257,933 271,614 266,690 271,557
14 City Clerk 242,818 236,946 232,422 252,969 e�ection year; election judges
15 Finance 463,175 489,151 485,041 506,240
16 Legal 325,000 375,000 375,000 401,600 increased prosecution activity
17 Human Resources 267,624 280,424 273,088 281,856
18 Other General Government 1,113,952 1,133,437 1,119,099 1,157,255
19 Police 6,172,101 6,593,348 6,425,868 6,683,938
20 Fire 915,475 964,003 902,065 1,000,617 contribution to fire relief association pension
21 Emergency Management 87,030 95,510 85,148 95,577 siren replacement
22 Business Development 505,361 473,445 469,418 478,189
23 Inspections Code Enforcement 533,245 835,088 822,553 834,616 I
24 Public Works Administration 564,906 597,861 570,916 554,316
25 Street Maintenance 1,444,318 1,583,812 1,448,045 1,639,532 pothole patching and trail maintenance
26 Social Services 73,019 70,819 70,819 80,938 used up credit for prepayment of NWHHS
27 CARS Administration 178,208 187,017 186,293 188,613
28 Recreation Programs and Facilities 1,212,174 1,263,189 1,254,356 1,263,148
29 Parks Maintenance Forestry 932,452 950,906 906,427 974,637
30 Convention Tourism 320,875 347,000 347,000 361,250 new notei
31 Contingency 110,970 142,340 250,511 250,000
32 Other Expenses 423,900 428,485 414,940 401,090
33 Reimbursenments from Other Funds (760,000) (839,500) (1,019,069) (985,277)
34 TOTAL EXPENDITURES: 15,518,836 16,613,686 16,017,021 16,822,679
35 Revenue/Expenditure Gap (12,954,801)
August 25 joint worksession.xlsx
City of Brooktyn Center
Pay 2010 Property Tax Levy Alternatives
as of 21 August 2009
A B C D E
Limited Levy 2009 LGA Level Tax Max. Levy
Pay Only Pay Levy 8ack Pay Pay
2009 2010 2010 2010 2010
i Limited Levy: 6,593,550 6,684,916 6,684,916 6,684,916 6,684,916
2 Police Fire Levy: 5,085,466 5,122,581 5,1Z2,581 5,122,581 5,122,581
3 Fire Relief Association Pension 65,945 65,945 65,945 65,945
4 Foreclosure Levy: 125,000 125,000 125,000 125,000 125,000
5 2008 LGA Unallotment: 326,225 540,535
6 2009 LGA Unallotment: 463,502 463,50� 463,502
7 2004A Bonds Levy: 703,903 715,183 715,183 715,183 715,153
8 HR,4 Levy: 385,289 349,745 349,745 349,745 349,745
13 853 097 14 067 377
872
9 12,893,208 13,063,370 13,526,
10 General Fund Portion 11,804,Oi6 11,998 12,461;944 12,788,169� 13,002,4�3
11 General Fund Portion Change 19�,426 6�7,928 984,153 1,f98,463'
12 Percentage 1:6°l0 5:6% 8.3% 10,2%
13 Total Dollar Increase 170,162 633,664 959,889 1,174,169
14 Total Increase 1.3% 4.9% 7.4% 9.1%
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15 Median TC 1,804 1,566 1,566 1,566 1,566
16 Tax Extension Rate 47.525% 51.367% 53.351% 54J48% 55.666% I
17 City TC Tax 857.35 804.41 835.48 857.36 871J2
0.00 14.37
18 Chan e in Doilars 52.94 21.87
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I 19 Change in Percentage (6.07%) (2JZ%) 0.00% 1.68%
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20 Other GF Revenues: 4,213,005 3,867,878 3,867,878 3,867,878 3,867,878
2i Totai GF Resources: 16,017,021 15,866,320 16,329,822 16,656,047 16,870,357
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tax levy implications.xlsx
City of Brooklyn Center
2010 Budget Gap Closure Options Analysis
as of 21 August 2009
Revenue/Expenditure
Gap General Fund Tax Remaining Gap
B Limited Levy Only (12,954,801) 11,998,442 (956,359)
C Levy Back 2009 LGA (12,954,801) 12,461,944 (492,857)
D Level Tax for Median Home (12,954,801) 12,788,169 (166,632)
E Maximum Levy (12,954,801) 13,002,479 47,678
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August 25 joint worksession.xlsx