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2017 Adopted Budget
zo"k 0 17 !A�UDGE�i` Adopted By City Council. 1111512016 Table of Contents How to Read the Budget... . ............................................. 1 Budget Message.....................:..:............:....:......1..... 2 Fund Structure and Basis of Budgeting'.....,, . , . 3 Budget Summary .................................................... .. 5 General Fund ............... 7 Special Revenue Funds... 29 Debt Seivide Funds_........ Capital ImprovementFunds ........................ 43 Enterprise Funds ................. ....................:.......53 Appendix............... .57 Glossary of Terms........................................................64 HOW TO READ THE BUDGET The budget document serves two distinct purposes. One purpose is to present the City Council Members,. residents and other interested readers,. concise and readable information .about City of Gem Lake. The other purpose is to provide management of the City with a. financial and operating plan that conforms to the City's accounting system. The Budget Message provides an overview of the key policy issues and. programs in the budget, and presents major areas of emphasis. The Schedules and Summaries provide the heart of the document as an operating and financial plan. The General Fund and Special Revenue Funds section contains revenue and. expenditure summaries. It also provides detail revenue and expenditure information, department descriptions, staffing levels, service level objectives and prior year accomplishments for alldepartments. The Debt Service Funds section contains information about the resources accumulated for the payment of general long-term debt principal and interest. The Capital Improvement Funds section contains revenue and expenditure information about the various construction projects within:the Township. The Enterprise Funds section contains revenue and expenditure summaries for all Enterprise Funds. It also provides detail revenue and expenditure information, department descriptions, staffing levels, service level objections and prior year accomplishments for all. departments. within each Enterprise Fund. The Appendix section includes other important. financial and City information, such as, City, statistics,. description of the property tax system, and a glossary of terms. CITY OF GEM LAKE., MN 4200 Otter Lake Road Gem Lake; Minnesota 55110 City Council Members, Citizens and Others: It is my privilege to present the 2017 budget for the City of Gem Lake. This budget, as adopted by the CityCouncil identifies how the City resources will be spent in 2017. This budget is the City's financial management. plan and. has. been designed to be responsive to public service demands and for carrying out services over the coming year. The 20.17 budget is the result of sound financial management, and affords some protection for the future operation. of the City: It is the. City'.s intent to submit and manage the budget in the most open and straightforward manner possible, which will allow consistent. and careful management of all. resources. The City continually faces many challenges wbich draw upon the resources and value judgments of all of us. The City budget focus has been to maintain services provided and existing infrastructure. Public. safety remains a priority for the City and this budget includes expenditures for increased patrols .and lave enforcement. Also for 2017 the City has included in the. budget $13,500 for updating and. filing the City's MS4.Report (storm water management plan) to the State and $63;000 to begin the update to the City's Comprehensive Plan. The Ice and. Snow Removal budget. was decreased to reflect past expenditure levels. On the revenue side the largest revenue source is property taxes which make up almost 86.5% of total revenues. for the City. The City in the past used reserves to help fund General Fund operations and maintain the lowest possible tax levy. In 2016, $80,000 of reserves were used for this purpose. For 2017 there are no reserves available.to fund 2017 operations and. reduce the property tax levy. The 2017 property tax levy is increased 48.9% and the City's tax capacity also increase.7.6%0, which results in a tax rate of4l.143% compared to 29.524% in 2016. Based on this:mast residents would see an increase in their City property tax bills from 2016 to 2017,. As 2017 unfolds, the City is well positioned to meet current and future challenges through sound fiscal management. It is our Hope this budget will meet the expectations.. and need of Gem Lake residents. My sincere thanks are extended to the City Council for their time and effort in the preparation of this document. Respectfully, Tam Kelly City Treasurer FUND STRUCTURE AND BUDGET BASIS The financial structure of City of Gern Lake is similar to other governments with the use of funds. Funds are the `control structures that ensure that public moneys are spent only for those:purposes authorized and within amounts authorized. Funds are established to account for different types of activ'i.ties and legal restrictions that are associated with a particular government function. The Governmental Accounting Standards Board (GASB) defines a fund as: A fiscal and accounting entity with a self -balancing set. of accounts recording cash and other financial resources, together with all related liabilities and. residual equities.or balances, and changes therein, which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions, or limitations. All of the funds used by the City must be classified.into one of seven "fund types," Four of these fund types are used to account for the City`s "governmental -type" activities and are known as "governmental funds:" Two of these fund types are. used to account for a government's "business -type" activities and are known as "proprietary funds." Finally, the seventh fund type is reserved for a governments "Fiduciary activities." The City currently does not operate any fiduciary activities. Governmental Fund types are used to account for govemmental=type activities. These are the General Fund, Special revenue Funds, Debt Service Funds, and Capital Projects Funds. The General Fund is used to account for most of the day-to-day operations of the City, which are financed from property taxes and other general revenues. Activities financed by the General Fund are those not accounted for in other funds. There ban only be one General Fund. Special Revenue Funds are used to accouritfor revenues derived from specific taxes or other earmarked revenue. sources which, by law, are designated to finance particular functions or activities of the City and which therefore cannot be diverted to other uses. The Special Revenue Funds the City operates are the Park and Playground Fund,. which was established; to purchase and develop parks and trails in the City through the collection of park dedication fees on new developments or building permits and new far 2015 is a fund to account.for possible grants the City may apply for to help redevelop its commercial district. Debt. Service Funds are used to account for the payment of interest and principal on general and special obligation debts other than debt issued for and serviced by a governmental enterprise. The Capital Projects Funds account for all resources used for the acquisition and/or construction of capital equipment and facilities except those financed by Enterprise and Internal Service Funds. Two Proprietary Fund Types are used to account for the City's business -type activities.. These. are the. Enterprise Funds and the internal Service Funds. The. City's only Enterprise Fund is the. Sewer Operating Fund. This fund is used to account for the acquisition, operation and maintenance of these facilities and services, which are entirely or predominantly self -supported, by user charges. The operations.of the Sewer Operating Fund are accounted for in such a manner as to show a profit or loss. similar to private enterprises. Internal Service Funds are used to account for the financing of goods and services provided. by one department to other departments of the City, on a cost -reimbursement basis. The City of Gem Lake does not have any Internal Service Funds, Fiduciary Funds are used when a government holds or manages. financial resources. in an agent or fiduciary capacity, The City of Gem Lake does not operate any of these funds at the current time. The Budget Basis used by the City of Gem Lake is the modified accrual basis of accounting for governmental fund types (for example, the General Fund, Special Revenue Funds, Debt Service and. Capital, Project Funds). Under this accounting method, revenues are recognized in the accounting period in which they become available and measurable. Available means. col lectible. withi n the current period or soon enough thereafterto be used to pay liabilities of the current period. Expenditures are recognized in the period in which the fund liability is incurred, except for unmatureo interest on general long-term debt, which is recognized. when due.. Enterprise Funds use the accrual basis of accounting. Under the accrual basis revenues are recognized when they are measurable and earned. Expenses a.re recognized in the period incurred, if measurable. The budget basis for Enterprise and. Internal Service Funds. is also the. accrual basis with the exceptions noted below. The City's Comprehensive Annual Financial Report (CAFR) shows the status of the City's finances on the basis of "generally accepted accounting principles" (GAAP). This conforms to the.way the City prepares its budget. The CAFR shows fund expenditures on both a GAAP basis and budget basis for comparison purposes. BUDGET PROCESS The budget process begins: in August with the City Treasurer developing a draft budget. The Mayor and Treasurer then meet in .late: August or early September to refine the draft budget. It is this budget that is presented to the full City Council in a workshop session in early September. It is from this workshop that a preliminary tax levy is presented and adopted no later than September 15t11 of each year. Once adopted the preliminary levy is certified to Ramsey County. Over the next few months the Mayor and Treasurer develop a final draft budget and tax levy, which again is presented to the full City Council for review in November. From the.meeting a final budget and tax levy is developed and presented at a public hearing in November. After the public hearing the City Council votes to approve the budget and adopt the final property tax. levy. In late December the final levy is certified to the County Auditor. During the fiscal year line; items maybe overspent as long as the total activity budget is not. overspent. The Mayor can recommend changes for activities' budget to the City Council. The Council can than approve or disapprove the change, in the form .of.a budget amendment. Only with the City Council approvalcan. an.activity be overspent and only if funding.is available. However,. the property fax levy cannot be amended. 2017 BUDGET SUMMARY REVENUE BUDGET 11/1512016 11115512016 2014 2015 2015 1D131116 2017 % ACCOUNTDESCRIPT]ON ACTUAL ACTUAL ADOPTED ACTUAL ADDPrE3D CHANGE GENERAL FUND $281,923 $325,836 $273,870 $170,262 $419,976 53.35% SPECIAL REVENUEFUNDS 347 337 270 272 345 27.78% DEBT SERVICE FUNDS 89,231 866,025 85,418 46,079 76,494 -10.45% CAPITAL IMPROVEMENT FUNDS 19,871 645 7,148 29,784 63,570 789,34% ENTERPRSE FUNDS 53,306 69,081 55,750 41,279 57,097 2.42% TOTAL REVENUES $444.678 $1,261,924 $422,456 S287,676 $617,482 46.16% EXPENDTTURE BUDGET GENERAL FUND $348,256 $386,989 $353,870 $265,727 $419,976 18.68% SPECIAL REVENUE FUNDS 0 0 0 0 0 0.00% DEBT SEW FUNDS 48,505 77,888 46,479 39.917 77,055 65.715% CAPITAL IMPROVEMENT FUNDS 25,968 101.506 562,600 323,904 0 552.00% ENTERPRISE FUNDS 48,560 50,205 68,113 23,079 68,855 1.09% TOTAL E XPENDMJRE5 $471,289 $616.588 $1,031,062 $652,627 $565,886 -45.12% FUND BA LANCE-JANUARY1 $900,588 $886,433 $1,544,226 $1,544,226 $1,179,275 EXCESS REVENUE OVER EXPENDITURES ($26,611 ) S645,336 ($608,606) ($364,951 )l $51,596 INFRASTRUCTURE CHANGES $12.456 S12,457 $12,500 $0 $12,500 31 $1.544,226 2017ADOPTED BUDGETED EXPENDITURES BY FUND TYPE Errterprise Funds Capital 122% Improvpnw" Fur, 04 Dept Service Fllnlic 13 6% Special Revenue Funds 0% 5 ierel Fund 74 2% THIS PAGE INTENTIONALLY LEFT BLANK ��`_ 0'-. `` GENERAL FUND SUMMARY FUND DESCRIPTION: The General Fund is used to account for the ordinary operations of the City, which are financed from taxes and other general revenues, which are not accounted for in another fund. The modified accrual basis of accounting is used in the General Fund. That is, expenditures are recorded at the time liabilities are incurred and revenues are recorded when received. BUDGET SUMMARY: Property taxes are the largest revenue source, with the general government department as the largest expenditure area planned for 2017. The 2017 General Fund budget of $419,976 is a 18.68% increase over the City's 2616 budget and is a balanced budget. The graphs below and on the next page demonstrate the percentage breakdown of budgeted revenues by classification and expenditure by department. Page 16 also shows this information numerically. Public Safety l $141 S78 2017 Expenditures By department Operating Pi,hlir Wnrkc Transfers General _ Government $249,298 N 2017 REVENUES BY CLASSIFICATION LECENSES & PERMITS 7.14% INTERGOVERNME 4T AL REVENUES 2 97% CHARGESFOR SERVICES 1.14% FINS & FORFEITS PROPERTY TAXES 0 71% 86.50% ISCELLANEOUS 1.52% GENERAL FUND BUDGEr SUM MARY.BY ACTIVITY 11I15I201 B 11115/20.1.fi 2014 2015. 2016 10/31/16 2017 % REVENUES I3Y CL.ASSiFIC:ATION ACTUAL ACTUAL. ADOPTED ACTUAL ADOPT>Ff? CHANGE PROPERTY TAXES $196,063 $202,511 $225,026. $124,128 $363,294: 61.45% LICBVSES & PEwF.rS 45,443. 33,620 25,950 27,824 30,000 15.61 °/° INTERGOVERNMENTAL REVENUES 9,000 19,320 10,950 3;310 12,489 14.05% CI-(ARGES FOR SERVMS 14,718 14,303. 6,294 .5,815 4,803 -23,69% FNES &.FORFE rrS. 3,048.: 2,182 3,400 2,890 3,000 0.00% MISCELLANEOUS 23,642 . 53,900 : 2,650.: 6,295 . 6,390 141.13% TOTAL. REVENUES $261;923 $325,836. ' $273;8.70 $170,262 $419,916 53.35°/0 IXPENDR)RE S BY DEPARTMENT GENERAL GOVERNMENT 41100 CITY COUNCIL $7,337 . $8,052 $8,275 . $8,294 $9,074 9.66% 41.900. GENERAL GOVERNMENT NT 41,860 . 48,970.. 60,401 42;963 .58898 -2A9% 41600 LEGAL SERVICES 20,757 19,139. 17P000. 21;834 22,000 29.41% 41410. ELEr-TK>Z 3,636 17,746 4,150 : 5;132 . 7,026 69.300/. 41500 •FINAINC,AL ADmnTRATIOfN 33;999. 31,092 39474 29,869 36,500 -7.53°/° 41910'.P[ ANNNG &ZONING 32,435 27,626 23,55E .20,956 91,550 288,75% 41940. HERrrAGE HALE. 18,459 : 17;022 18,550 . 20,420 . 24;250 . 30.73% TOTAL GENERAL GOVERNMENT $158,4$3. .$169;647 $171,400 $1.49;468 $249,2.98 45.45°Io PUBLIC SAFETY 42100 FOLIO. 95,012 99,734 . 106;416 79,460 112;581 5.79% 42200.FIRE PROTECTION 14,797 14,979 15,104 11,337 16,49.7 9.22 42300 ANIMAL CONTROL 163 401 750 157 650 -1.3:33°/0. 42401; BUILDING NSPECTIONS 21,284 16,999 16 850 7,589 11.,850 -29.67°/0 TOTAL PUBL.IC.SAFITY $131,256 $132,113. $139,1.20 $98,552 $141,578 1:77°/0. PUBLIC WORKS 43.122 RDA MAINTENANCE 16,738 64,521 17,350: 1,842 10,100 -41.79% 43125 ICE & SNOW RE (OVAL 41,779. 20,70$ 26,000 15.865 19,000 26.92% 44100.: PARK MAINTENANCE 0 0 0 0 O 0.00°Io TOTAL PUBLIC.WORKS $58,517 $85,229. $43,350 $17,707 $29,100 -32.87% OPERATING TRANSFERS 4900 OPERATING TRANSFERS 0 0 0 0. 0 0.04°Ia TOTAL OPERATING TRANSFERS $0 $0 $0 $0 $0 0,00% TOTAL EXPENDITURES $348,256 $386,989 $3.53;870 $265,727 $419,976 18.68°]° FLAN BALANCE-JANUARY 1 .$388,010 EXCESS REVENUE: OVERIXPENDrruREs (s66,333 FUND BALANCE - DK8vIBER 31 $321,677 $821,677 $260,524 ' $260,524 ($61,153) ($80,000) ($95,46.5 $260,524 $180,524 $165,059 $165,059 $0 1() REVENUES GENERAL FUND ACTIVITY DESCRIPTION: To record and maintain all.general operating revenues. These revenues will be used to finance the general operating expenditures of the City. GOALS: 1.. .Maintain stable, constant revenue sources. 2. Maintain a low tax rate, by reviewing the. costsof services provided and chargeappropriately for them. BUDGET SUMMARY: The property tax system is desciibed in more detail beginning on page 58, The City's net taxable tax capacity has increased to $1,051,625 for taxes payable in 2017. This is an increase of 7.56%fl. The City's property tax levy for2017 will be $363,294. As a result.of these two factors and the $75,987 debt levy, the 2017 tax rate for the City will be 41.143% compared with .29.524% in 2016. All other City revenue sources were adjusted. slightly or remained at the 2016 budget amounts for 2017. REVENUE LEVELS: 2014 .2015 2016 2017 ACTUAL ACTUAL.. ACTUAL ESTI.MATED Tax Rate 26.5500% 28.306%. 29.5249l0 41,1430l0 Net Taxable Tax: Capacity 846,800 878,661 977,703 1,051,625 11 BUDGET: ACCT..� 2014 # 'ACCOUNT DESCRIPTION ACTUAL ;PROPERTY TAXES 31001 �CLFRENTTAX ES: 31002 s pEL�tOUEhff TAXES 310❑3 FISCAL DISPARITIES. 31❑04;FEIYALTiE7 &INTEREST PROPERTY TAXES LICFENSES:.& PERMITS 3210❑ GENERAL BUSINESS LrAR ISES 32101 ON SA LE LIQUOR LICENSES 32102 j OFF SALE LIQUOR LIC':�E 32103-NOWNTO?XICgTING LIQUOR LICENSES 32104 OTHER PE TS 32106;TOBACCO LICENSE 32107=CHARITABLEGANIE1LING LICENSE 32201 ;CON :ZACTOR.LICEME. 32210 BUILDING FFwrrs 32211 ' PLL4vSlNG PHW OUTS . 322121 GAS1HE4TSNG PERMITS 32213 ELECTRICAL PERMITS 32215j NPOES.PERMIT 32218I FIRE 1`44RSHALL INSF£CTIDN,FEE 32ZI.9 ;.SEPTIC INSPECTION FEE ........... . 32235 SEWER CONTRACTOR LICENSE 32240 ANIMAL CONTROL. LICF7ISE TOTAL. LICENSES & FERMMS. $178,700 4,105 2,669 579 186; 7 41 7l2U'! 6 2015 201a CTiJAL ADOPTED i 3195,820 $218;661 3:256 Q s 2;822 6;365 613' ❑; $202,511 $225,026 1111..... 10/31/2016 2017 ACTUAL ADOPTED q; CHANGE $115,983: $356,684 63A2%' 1,413 ❑ 0.00% 6.594 :` 9.610 38 :' 0 0.0D°/v $124,128 $363,294 61.45% 500 21700 ; 1,700 :' 2600 2,200 € .41 2% 9. 6;60❑ 5;400 4;400 _..... 7.400 5,300 .- .- ... 2❑.45%; 0 ; 200 0 - 200 :20❑ I. .000%': 1;000 0 0 ❑ 0 0,00% 1,000 1,60❑ 1,Nu 950 1,006 0,00%. 200 '. .... 2❑0 . 500 200. , 200 -60,00%.. 1,000 _. .....--.-. . 1.100 •'. 1.400 1,000 1 400 1,000 20.691 12.339 8.000 70,307 9500 16.75% 3;330. 1,310 800 ; 69❑ 11000 25.00%' 3,035 3,147 1,000. 1626 2,000 100.00% 2;627 ; i,.184 800 782 : 1,D00 25,00%' 5❑0 ' 100 ' 200 100.. too -50,00% 3,288 370 2,50Q 120. 2,50❑ ❑,0p% 412 ,`• 3;❑50 3,0❑Q. 240. 3,000 o:va.� 600 ; 460 ? 400 150 400 1 0,00% 16Q ' 16q S 1.50 160 ' 1❑0 ; -33.33% $45,443 ? $33,520 $25.950 $27,824 $30,000 I INTt RGQV ERN1yIEh Al- REVENUES '13401 LGA 0 8,947 0. 27 0 O.o❑% 33402 `i �nrA o o o o o' 0.000/. 33430 . COUNTY. GRANTS & A IDS 0 ❑ ❑ 0 0: ❑:00%; 33601 SCORE GRANT ❑ 0 b. ❑ 6 ❑ ❑❑ 33603 POLICESTATEAID 3,393 ' 4,401 5,950. 3,283 7,489 25.87°b 33602':CABLETV FRANCHtSEFEES : . 5,616 - .. 5.972. I 5,000 j 0 5,❑00 0.00%. 35604' OTHER GOVERNM13�FFAIDS AND. GRANT; ❑ ❑ D 0 TOTAL INT'ERGOV. REVENUES $9;❑09 ' $19.32❑ $10,950 $3,310 $12,489 14:05% CHARGES FORSET2VICES 32220 SURCFINRGFJSAC.RET'AINAGE 80 0 ' 75 0 75 0.0❑% 32230 ADNINSTRAMVECHARGES 1,078 171 = 500 600 500 0.0❑p/o. 341051 FLANNING CHARGES 2.000 6;955 500' 206 - 500 040°Io 34110 PLAN CHECK FEES ....... ... .... 11,075 I 5.431 1,5❑❑: 4,81$ 2,006, 33:33°/a . ;F'ALSEALA.RMS 0 - 0 0 50 34120 SALE OF SUFPLIES ❑ 1;408 0 0 ❑ 0:00°lv .34121 SPECIAL.ASSESSMENT SEARCHES 0 - ❑ ❑ ' 0 0 : 0.004'v: 34122'ENGINEERING CHARGES 0 0 3,500 ; 0 ; rt,50❑ -57.14% 34126 ' CHARGES FOR. LEGAL FEES 0 0 0. i ❑ 0 0.00°l0 34132 INVESTMENT ADMINISTRATIVE CHARGE 488: 338 219. 1.41 228 411 34135 CONTRACTUAL SERVICES ❑ . ❑ ❑ ❑. 0.009° TOTAL CHARGES FOR SERVICES $ 14,T18. ' $.14,303 .$5,294 S5,815 $4,803 ' -23.69% FINES & FORFEMS 35100 JRAFFIC & OTHER FINES 3,048 2;182 ' 3.000 2,890 31000 0.00% TOTAL FINES& FQRFErrs S3,048 $2,182 $3,00❑. $2;89❑ $3000 = 0.0017 M3SCELfANMUS REVENUES 3621Q INTERESTEARNNGS 2,877 1,677 1,950., 1.166 1,890 -$,08% 36231 . CHARITABLE GAMBL-39G CONTRt6UFION.' 0 0 0 ' ❑ 0 0.00:/° 3624.1 :INSURANCEPOLkaY DIVIDENDS. 946 . 300 3 500 66:67°h 36200. MISCELI ANUS: 6,176 47.921 400 2,028 1,000 150.00% 3640Q. FACILITY. REiYTAL 14,124 3,356 0 3,098 3;DD❑. 0_DO% 39100 : BOND PROCEEDS 0 0 0-00-A 39290.7RANSFERS IN 0 0 0 ' ❑ 0 :0 00°1c TOTAL..MISCELLANE?US $23.642: $53.900 $2650 M295 $5;390 141.1396 TOTAL GENERAL. FUND REVENUES S281,923 $326,836 - $273;870 ' $170,262 . $419,976 - 53.35% 12 CITY COUNCIL GENERAL FUND ACTIVITY DESCRIPTION: The City Council provides elected representation to the community with control over matters of policy, budget,. administration, and operations of the City. GOALS: 1. Respond to citizen concerns, suggestions, questions, and complaints in a timely manner. 2. Keep current on legislative issues and incorporate those that directly affect the City and its residents. 3. Provide strategic direction to the City. 4. Provide policy direction and: organization governance through budget, ordinances and other policy decisions. BUDGET COMMENTARY: The only budget change from 2015.is the increase of $800 being budgeted for the city clerk time spent through the City's contract with White Bear Township for performing minor various duties, such as signing documents: BUDGET: DEPARTMENT 41100 11/17.12015 11/15/2016 A:CCT.. 2014 2015 2016 10/31/16 2017 # ACCOUNT DESCRIPTION ACTUAL ACTUAL ADOPTEI3 ACTUAL ADOPTED CHANGE PERSONNEL SERVICES 100 WAGES &.SALARIES $6. i74 $7,273 $7,500 ` $7,142 . $7500 : Q.Oa°I° 130 . FICA CONTRIBUTIONS 421:. (293). 575 38 . 574 ; -0.22% TOTAL PERSONNEL SERVICES $6.595 $6 980 $8,075 : $7,180 . $8,074 -9.02°/° OTHER SERVICES & CHARGES 300 PROFESSIONAL SERVICES 0 : 0, 0 308 ADMINISTRATION 463 ' 1.072 200 1,.114 1,000 . 200A0°Io .3.10 CONFERENCE REGISTRATION.FEES. 0 0.. 0 0 0 0.00% 333 . MEETING EXPENSES 0 0 : 0 : 0 0 b:00'I° 364 .:OTHER.INSURANCE 0 D. C 0 ' 0 0.00% 449 COUNCIL CONTINGENCY 279 0 ' 0 0 0 0.00% TOTAL OTHER SERVICES & CHARGES. $742 ' $1,072.. $200 $1,114 $1,00o 200.00°A TOTAL CITY COUNCIL $7,337 $8,052 $6.275 $8,294 $9,074 9.65%, 13. Clerk/General Government General Fund ACTIVITY DESCRIPTION: The Clerlk/GeneraI Government Budget provides for funds and support for all of the City programs and departments of overall. nature to City operations, not specifically mentioned in this written budget report. These programs include; Administration, Recording Secretary, Newsletters, Insurance and Memberships. The General Government Budget also provides contributions to various community oriented organizations. GOALS: 1, Prompt Publication of meeting minutes, ordinances, and legal notices. 2. Provide support for agencies which provide service needs within the City. BUDGET COMMENTARY: Most line iterris adjusted based on current and past expenditure levels.. Computer services decreased .to reflect estimate costs per contract with the Metro kNet Group. 14 BUDGET: DEPARTMENT 41900 11/1512016 11/15/2016 ACCT. 2014 2015 2016 10/31/16 2017 % # ACCOUNT DESCRIPTION ACTUAL ACTUAL ADOPTED ACTUAL ADOPTED CHANGE PERSONNEL SERVICES 100 WAGES & SALARIES $7,365 $25.575 $32,000 $21.129 $32,000 0.00% TEMPORARY EkfLOYIES 0 0 0 ❑ 0 0.00% 130 FICA CONTR6UTIQNS 0 2,448 406 2,448 0.00°% 131 PERA CONTRIBUTIONS 0 0 0 0 0 0.00% 135 HEALTH INSURANCE 0 0 0 0 0 0.00% 150 WORKER'S COMPENSATION 328 136 225 270 175 -22.22% TOTAL PERSONNEL SERVICES $7,693 $25,274 $34,673 $21,805 $34.623 -0.14% SUPPLIES 200 OFFiCESUPPLIES 944 2,635 1,200 1,160 1,200 0.00% 212 POSTAGE 1,093 913 1,200 807 1,200 0.00% 250 SALES TAX 0 0 0 0 0 0.00% TOTAL SUPPLIES $2,037 $3,548 $2,400 $1,967 $2,400 0.00% OTHER SERVICES & CHARGES 300 PROFESSIONAL SERVICES 12,913 115 0 0 0 0.00% 305 A❑MNISTRATION 1,345 683 500 424 500 0.00% 308 PROFESSIONAL SERVICES 0 0 0 0 0 0,00% 309 MISCELLANEOUS 12 4 50 56 50 0.000/0 310 CONFERENCE REGISTRATION FEES 0 530 ❑ 0 0 0.00% 320 WTERNET CON 5--TION 0 0 0 0 0 0.00r% 322 WEB SITE 1,302 786 800 634 950 18.75% 331 MLEAGE 261 167 350 91 250 -28.57% 332 RECORDING SECRETARY 0 0 0 0 0 0.00% 334 COA+PUTER SERVICES 2,529 4,083 5,00D 4,492 3,000 -40.00% 346 MARKETING & ADVERTISING 0 0 0 ❑ 0 0.00% 350 PRNTMiG - OTHER 0 0 0 0 0 0.00% 351 LEGAL NOTICES 706 842 700 2,016 950 35.71% 352 NEWSLETTER/PUBLIC RELATKWS 1,979 2,075 2,500 1,686 2,500 0.00% 361 GENERAL LABILITY INSURANCE 1,338 2,428 2,500 2,386 2,550 2.00% 362 PROPERTY INSURANCE 0 0 0 0 0 0.00% 363 VEHICLE INSURANCE 75 0 19 25 0.00% 365 PUBLIC OFFICALS LIABILITY INSURANCE 107 150 27 150 0.00% 384 RECYCLM COLLECTION 8,232 8,481 10,000 7,224 10,000 0.00% 434 VLAWMO 0 0 0 0 0 0.00% 435 LMC 514 0 578 700 21.11% 436 RCLLG 125 0 150 175 200 33.33% 440 DUES & SUBSCRIPTIONS 30 0 50 0 50 0.00% 450 CHARITABLE GANELNG DGTRISLFTIONS 0 0 0 0 0 0.00% TOTAL OTHER SERVICES & CHARGES $31,468 $20,148 $23.328 $19,191 $21,875 -6.231/6 CAPITAL OUTLAY 570 FURNITURE & OFFICE EDi RAE FT $662 $0 $0 $0 $❑ 0.00°/0 580 OTHER EQUIPMETITIL41ROVEM14TS 0 0 0 0 0 0.00% TOTAL CAPITAL OUTLAY $662 $0 $0 $0 $0 0.000/0 TOTAL CLERKIGENERAL GOVERNMENT $41.860 $48,970 $60,401 $42,963 $58,898 -2,49% 15 Legal Services General Fund ACTIVITY DESCRIPTION: All legal services are currently contracted with a private: legal firm. Activities included are the issuance of legal opinions,. preparation of ord1nances,.resolutions, contracts, and agreements, and the conduct of civil litigation. GOALS- 1: Continue contracting for legal counsel. BUDGET COMMENTARY: The. 201.7 budget is based on. contract cost of current legal counsel and anticipated use or need of legal counsel for 2017. BUDGET: ACCT, # DEPARTM ENr:41600 FACCOUNT DESCRIPTION 2014 ACTUAL 2015 ACTUAL 1111W2016 2016 ADOPTED 10/31/16 ACTUAL 11/1512016 2017 ADOPTS CHANGE OTHER SERVICES & CHARGES 300. PROFESSIONAL.SERVICES 0 0 0 0 0 0.00% 303 . PROSECUTION 1.502 1,900.. 2,000 985 2,000 0.00% 304 LEGAL SERVICES 19,255 16,259 15,000 17,419 15j000 0:000/0 305 _ LEGAL SERVICES - LAND ISSUES 0 980 . 0 3,430 5.000' . 0.0d% 309 MISCELLANEOUS 0 0 0 0 0 .0.00% 317 . LEGAL - ANNECATION. 0 0 G 0 0 0:00°/a TOTAL OTHER SERVICES & CHARGES. $20,757 $191139 $17,000 $21,834 $22,000 29.410% TOTAL LEGAL SERVICES $20;757 $19,139. $,17,000. $21.834 $22,000 29.41 °/a 16 Elections General Fund ACTIVITY DESCRIPTION - The Elections budget funds election activities of the City,. which include; maintenance of voting and ballot counting equipment and payment of the election service contract. with Ramsey County_ GOALS: 1. Conduct fair and open elections. BUDGET COMMENTARY: Beginning in 2013 the City began contracting with Ramsey County for election administrative services. The cost to administer.the elections will be spread over a two year period, which results. in the City having flat election costs even though there are years with and without general elections. BUDGET: DEPARTMENT 41410 i 1111.512016 711151207 s ACCT.. 2014 20.15 2015 10/31/16 2011 # ACCOUNT DESCRIPrION ACTUAL I ACTUAL ADOPTED ACTUAL ACOPfEo CHANGE PERSONNEL. SERV ICES 100 WAGES&'SALARIES. $a $0 $0. $0 $0 : 0.00°I° 105 TEI1!'aRARY EMPLOYEES 0 ' 0 0• 0 130 FICA CONTRIBUTIONS fl 0. 0 0 0 160 WORKBTS.COW. 0 0! 0 o a 0.00 0ia' TOTAL.PERSONNEL SER1110E5 $0 $O $0 $0' $0 0:00°I°s SLIPPLIES 210 : OPERATNG SUPPLIES - OTHER 0 ; D 0 212 POSTAGE 0 0 0.60°I° 250 SALES TAX 0 0 0 0 0 0.60°IQ TOTAL SUPPLIES $0, $D. $0 ' $12I '. $0 . 0;40% :.OTHER SERVICES &.CHARGES 308 rA�MINISTRATIOtJ fig. De 4 0 0.: 0,40°/c:: 308 PROFESSIONAL SERVICES 3,00.0 4,948 3,500 4,016 6,376 82.11% 309 MSCELLANEOUS 0 12.533 0 1 0 0.06 331 'MILEAGE Q ; 6 0 : 0 .350 OTHER PRINTING 0. Q` 0 35.1 LEGAL NOTICES 141 265. ; 100 94 : 1Q0 D.OD°I°: Ballot.Nbchine 0 0 0 4 0 400 REPAIRIIVIgINTENANCEEQUIPMENT 426 : 0. ; 550 : 0 550 0.000A. TOTAL OTHER SERVICES & CHARGES 0.636. $17,746 : $4,150 $5,011 $7,026. 69:30°I° TOTAL ELECTIONS: $3;63.6 .' $17,746 $4,150 $5,132 $7026 :M30%: 17 Financial Administration General Fund ACTIVITY DESCRIPTION: Financial administration is.provided through a contract with White Bear Township. The contract includes accounting for every financial transaction of the City including. accounts payable.; accounts receivable; cash and debt management., and utility billing: In addition the. City contracts with a. public accounting firm for audit services each year. GOALS: 1. Provide meaningful. and timely financial information and reports. 2.. Complete the financial audit in a timely fashion. 3. Coordinate the City's annual budget process. BUDGET COMMENTARY: The amounts budgeted in 2017 reflect past expenditure levels. BUDGET: DEPAKIFM ENT 41500 11/15/2616 11115/2016 ACCT 2014 2015 2016 10/3111.6. '. 2017 % # ACCaUNTDESCRIFT1aFV ACTUAL. ACTUAL ADOPTED ACTUAL ADOPTED CHANGE PERSONNEL SERVICES ............. SUPPLIES 200. OFFICE SUPPLIES 0: 0; 0 00 0,00%; 250 'SALESTAX 0 . a a: o o: 0.00%; TOTAL SUPPLIES $0: $0: $0 $0 OTHER SERVIC1=5 & CHARGES 308 ADMINISTRATUN 0 0- 0 0 .: 0 301 'AUDMNG SERVICES 10,150 10.,750 9,500. 10,850 ` 9.500 ' 0.00% 329 FINANC)AL SERVICES 23672 . 20,150 28,000.: 17;752 . 26;000 -7,14°Ia 334 COMPUTERSERVICES 171 - 192.. 1,974 1,267 1,000. -49:34°/° 309 MISCELLANEOUS E)(PE lSE 0 0 0: 6 0 0.00%. TOTAL OTHER SERVICES & G 1P RG.PS $33,999 $31;092 $39,474 :$29,869 . $361500 -7.53°I° TOTAL FINANCIAL AD1V NISTRATION $33;999 , $31.092 $39,474 $29,869 $36,500 ': 7.53°I° 19 Planning & Zoning General Fund ACTIVITY DESCRIPTION: This department.proviides long range. planning, day to day.coordination, and design and management of programs and plans affecting residential, commercial and industrial development. The activities include, but are not limited to, comprehensive planning, zoning administration, design of trails and bikeways, promotion. GOALS: Implementation of comprehensive plan objectives. BUDGET COMMENTARY: Administration and Engineering Services increased based on. past expenditure history. In 2017 the City will continue updating and filing with the State its storm water management plan (M54) which will require the use of outside.consultant.and the. City will begin working on the State required comprehensive plan update. Far these reasons the budget is increasing $68,000. BUDGET: DEPARTM Emr 41910 11l1512�16 1111512016 ACCT.2614 2015 2016 10131/16 2017 # ACCOUNT DESCRIPTION ACTUAL ': ACTUAL ADOPTED ACTUAL ADOPTED } CHANGE 11 P" Li LI NV IVV-.V lx VI Yll\VLV 300. PROFESSIOl+1ALSERVM 18,500:' 0 = 0 o 0 0,00% 308 ADN9N5TRATION _................... 1,478 : 3,634 2,000 ; .; 5,994. 4,50D _- 125,00%. 302 I ENGINEERING SERVICES. ......... . . 7.887 15J53 _._. 8,000 12,281 ............ 10,00D 25.00% 309 ........... MISCRI-ANEQUS 0 0 50 ' 0 50 0.00% 315 ZONING ADIVINISTRATION 0 tl 500 ' 0 ' 500 0.00%: 325 NPDES TRAINING. 0 0 0 ' 2p681 0 0.00°/0 326. NPDES EDUCATION .. .......... ........ .....-. 0 . 4 : 0 0 ; Q 0.00%: 327 ...... IVIS4 REPORTING 4,570 8.239 13,D0Q 0 1 13;560 3.85% 332 RECORDING SECRETARY 0 0: 0 0 0 0.00%i 348 COW. PLAN UPDATE 0 : 0 0.' 0 63,000 " 0.00% 433. DUES & SUBSCRIPTIONS 0 ; 0 0 .0 0 . D.DO°/a TOTAL OTHER SERVICES & CHARGES $32,435 $27,13M ._. $Z31550 $20,956 01,550 288.76%. CAPITAL OUTLAY 570 . FURNITURE &.OFFICE EQUIPMENT 0 0 0 0 0.00%. TOTAL CAPITAL OUTLAY $0. $0 ; $0 $0 $0 ; 0.330°/p. TOTAL PLANNING &:ZONING $32;435. $27,62$ $23,550 $20,955 $91,550 : 288.75% 19 Heritage Hall Generali Fund ACTIVITY DESCRIPTION: The activity for this department is to provide for the operation and. maintenance of the City offceslmeeting .facility .GOALS- T. Mainfain a reputable facility to house meetings, mayor's office and a sub -station for the Ramsey County Sheriff Department. BUDGET COMMENTARY: Line items adjusted to reflect past.expenditure activity. BUDGET: '• DEPARTM ENT 41940 11/1512016 11/15/2016 ACCT.. 2014. 2015. 2016 10/31/16 2017 °I❑ # . !ACCOUNT DESCRIPTION ACTUAL ACTUAL. ADOPTID. ACTUAL. ADOF TED CHANGE. SUPPLIES : 205 ........... CLEANING SUPPLIES 0: p . 0 0.. ; p.Qpfl/, 210 I OPERATING SUPPLIES - OTHER 453 696 , 11300 :; 256 : 90Q -30.77% 230 BUILDING MATERIALS .0 0 0 a.. 0 0.0ow 250 35ALESTAx 0 = 0 0 0 0. 0.00°/a' TOTAL SUPPLIES $453 $696 $1,300 $256. I $900 ! 30.77°Io OTHER SERVICES & CHARGES. 300 `•. PROFESSIONAL SERVICES 1,746 ;. 107 2000,: 4;116. ° 4,400 100A0°I❑' 309 CONTRACT SERVICES .............. . 176 - 369 500 2,846 a,000 .`: 500:0 % 321 TEL6'HDNE 1,834 I 1,598. 1.500 ; 1,536 I1;500: 0.00°I❑ 36.2 PROPERTY .INSURANCE 706. (171): 750 171 1,000 ; 33.33°I° i 381 ' ELECTRICITY 4,655 4,631 ' 5,000 .; 3*5 . 5;000. ' 0;00% 383. GAS 1,824 1.09..8 : 2,000, : 6$5 ' 1,800 -10.00°/° 385 WATERIS.EVVER UTILITIES 292.1 497 500 ' 292 550 10.00°I❑ 40D REPAIRWAINTENANCE-OTHER: 1,731 2.111 1.000: 1,896 . 1,500: 50.ob% 401 :REPAIPJMkINTENANCE-BUILDINGS 5.242 4.626 4,000 5,178 5,000 25.00°I❑ ;TOTAL OTHER SERVICES.& CHARGES $18,006 $1B;32fi ' $°17,250 $26,164. ' $23,35p' 35:36°I❑: CAPITAL OUTLAY . 520 ................ . . BUILDING IMPROVE EMTS 0 0 0 0 0 0.00°/0 580 :OILIER EQUIF'NENi/1WROVEiV> 3M 0.: 0 . 0 = 0. 0 : 0.00% TOTAL CAPITAL OUTLAY $0 $0 : $0 SO $0. 0.00% TOTAL HERITAGE HALL $18,459 :' .$17,022 $.1$,554 : $20,420 ' $24;250 30.730A Police General Fund ACTIVITY DESCRIPTION: The City of Gem take contracts with the Ramsey County Sheriff's Department to provide law enforcement services for the City. As part of the contract, they will serve and protect.the City as well as provide public education programs and services to the residents. GOALS: 1. Provide effective law enforcement. service to the City. BUDGET COMMENTARY: The 2017 budget is based on the contracted budget amount provided by the Ramsey County Sheriffs Department. BUDGET: 1111512016 1115J2U1.6' 2014 2015 2016 10/31/16 2017 % ......... ..... - ..... ACTUAL ACTUAL ADDH1® AMAL ADORM CHANGE 87,026. .91,309. ` ........... 96,780 72,164 103;381 6:82% , 51246. 5,776 6,646 41690 6,00D.' -9.72%' : 2,432 :. 2;388 2,990. 2,24.3 3,20{# .................... 7,Q2°/o .255 212. ':. ; 0 317 `;. 0 :: 0.00% 53 55 0 55 0 = 0.Oo%. $95,012 :' $99,734 .$106,416. $7.9.409 $11201 ! 5.79% $95P012 $99734 $106,416. $79,489 $112,581 5.79W 21 Fire Protection General Fund ACTIVITY DESCRIPTION: The objective of the Fire Protection Department is to provide fire protection and prevention services. The City of Gem Lake entered an agreement with the City of White Bear Lake for such services. The contract also provides for site inspections and enforcement of fire codes through their Fire Marshal. Paramedic and ambulance service is provided by the contract, but the cost of the service is not included in the: contract since it is billed as a fee -for service to the individuals using the service. GOALS- 1. Promote public education and information about fire prevention and safety. 2. Reduce property damage and loss due to tire. 3. Provide emergency medical assistance to all residents. BUDGET COMMENTARY: The City's contract amount is based on the White Bear Lake Fire Department 2017 budget less an adjustment for 2415 actual expenditures compared to budget and multiplied by the City's percentage of average population and average market valuation of the area served by the White Bear Lake Fire. Department. BUDGET: DEPARTMENT 42200 11/15/2016 11115/2016 ACCT. 2014 20.15 2016 1013111E 2017 # ;ACCOUNT DESCRIPTION ACTUAL ACTUAL ADOPTED. ACTUAL ADOPTED CHANGE s OTHER SERVICES & CHARGES 308 :ADMINISTRATION $0. .$0 $0 : $0 0.00% .309 MISCELLANEOUS b. 0. 0 0 0 0.00°Iu .311 FIRE:SERVICE 11,097 10,956. 11,654. V99 ' 12,272 5.30°I°' 312 FIRE MARS.HALL SERVICES 3,700 .4,023 3,450 ' 2,538 4,225 22.46°I°. TOTAL OTHER SERVICES & CHARGES .` $14.797 ' $14,979 : $15;104 $11,337 $16,497 9.22°Io' TOTAL FIRE $14,797 '. $14,979 . $15,104 $11,337 ` $16,497 9:22°Io: 22 Animal Control General Fund ACTIVITY DESCRIPTION: The City at Gem Lake entered an agreement with. a private company for their animal control services. The contract is for service as needed. GOALS- 1 . Address animal issues within the City in a'timely manner. BUDGET COMMENTARY: The 2017.budget was based on. past expenditures. BUDGET - DEPARTMENT =42300 1111512016 11/1512016 ACCT. 2014. 2045 2016 1.013111$ 2017 % # 'ACCOUNT DESCRIPTION ACTUAL ACTUAL ADOPTED ACTUAL ADOPTED CHANGE OTHER SERV LEES & CHA RGES .... ........... ...... .._....... ... .,........ ..... 300 PROFESSIONAL SERVICES 0. 0 0 ' 0 0 0.00.%: 309. 'MSCEL ANEOUS . _........................_.- ...... . 0 0 0 0 0 0.00°Io 323. ;ANIMAL REMOVAL 99 401 500 157 450 -10.00% $24 JANIMAL ENFORCEM34T 64 0 250 0 200 -20.00% TOTAL OTHER.5ERVICES & CHARGES $163 $401 $750 $157 $650 -13,33°I°' 'TOTAL ANIMAL CONTROL $163. $401 $750 .$157 $650 -13.33°/0 23 Building Inspections General Fund ACTIVITY DESCRIPTION, The Code Enforcement Department issues all building permits for the City: This department provides for the health, safety and welfare of the City residents by providing inspection services to ensure. -that all residential, commercial, and industrial buildings are 1n compliance with the Uniform Building Code and City Ordinances. GOALS. i. Continue to provide timely and thorough inspections.. 2. Provide inspections of the City to apprehend illegal construction activities, which are not allowed or for which no permits have been issued. BUDGET COMMENTARY: Budget based on 2016 activity and projected 2017 activity. BUDGET: DEPARTMENT 42401 11/15/2016 1111512016. ACCT. 2014 2015 2016 10131 /1.6. 2017 °/° ## ACCOUNT DESCRIPTION ACTUAL. ACTUAL ADOPTED ACTUAL A[Jf]Pr® CHANGE OTHER S1=RVKFS &.CHARGES. 313 <BUILDING INSPECTIONS 18,788 16,8B7 15,000 : 7,589 : 10,000 -33.33W 300 MISCELLANEOUS 0. 0 0 4 0 0.00°I° 318 BUILDING SECRETARY SERVICES 1,748 112 1,000 0 1000 0.00'1s 3.34 .CONI UT'ER.SERVICES 748 ' 0 850°I° 328 d CODE ENFORCEMEW 0 0 0` a 0 .TOTAL OTHER SERVICES & CHARGES $21,284 $16999 $16,85D $7,589 $11,850 CAPITAL OUTLAY 570 FURNM)REB EQUIPMENIT TOTAL CAPITAL OUTLAY TOTAL BUILDING INSPECTIONS 01 0 6 0: 0.00°/ $0. $0 $0 ' $0.. $0 $21,284 $100.. $16,850. $7,589: $11,850 —29.67% 24 Road Maintenance General Fund ACTIVITY DESCRIPTION: The Road and Bridge Department provide residents with safe and accessible transportation routes. This department.provides for all maintenance and repair of the City's roads: Routine road maintenance is performed by White Bear Township public works staff by contract. GOALS: I . Routine maintenance to assure long life of each street. BUDGET COMMENTARY: Most line items adjusted based on past expenditures. BUDGET: ACCT.' # DEPARTMENT 43122 ACCOUNT DESCRIPTION 2014 ACTUAL i 2015 ACTUAL 1111512016 2016 ADOPTED 10131116 ACTUAL 11/1512048 2017 ADOPTED CHANGE SUPPLIES 211 : CHEMICALS 0 0 0: 0 1 210 OPERATING SUPALf1 S- OTHERfl 0 D 0- 224 iGRAVEBJSTREET MATERIAL D 9 D: o: 0 0.00°% 225 ' SALT/SAND D 0. 0 0 D '; 0.00% 226 'SIGNS, SIGN -REPAIR MATERIALS 44 D 500 0 . 300 -40.00°Io 25D ..;SALES TAX 0 0 0. 0 of 0.00°Ia . :TOTAL SUPPLIES $44 $9 . $560 ; $D $300 -40,00%s OTHER SERVICES & CHARGES 300 ............... ..PROFESSIONAL SERVICES. 0 0 0' 0 302 ENGINEERING FEES 12,595 1,418 . 12,000. 0 5;0o0 -58-33% 308 ADMINISTRATQN 0 0: D '. 0. 0 0.00%. 309 MISCELLANEOUS 0 0: 0: 0 0" a00% 327 .NPDES-.STORMWATER 0 0 D o e 0 0,pow 351 LEGAL NOTICES 0 a, 0 0; 0 D.oD% 382 ,ELECTRICITY - STRET LIGHTS 11006 ; 966 ; 1,300 755 1;250 385 ROW MAINTENANCE 883 489080 I 1,000 . 4-43 1,000 ; 0,00% 405 ROAD MAINTe ANcFJREPAIR 21170 13,425 2500 : .0 2,500 ' 0.00%. 433 DUES AND SUBSCRIPTIONS 40..' 623.: 50 644 50. O.a{3%: TOTALOTHER.SERVICES & CHARGES r $16,694 ` $80.12 $16,850 $1,a42 $9,800 -41.84% CAPITAL OUTLAY 540 . HEAVY M4CHINERYIEQUIPIV04T 0 : 0 0 0 . D 0.00°I° TOTAL CAPITAL -OUTLAY SD.: $D $0 . $0 $D 0.00% TOTAL ROAD MAINTENANCE $16;738 .. $64,521 $1:7,350 , $1,842 S1.0,100, ; -41:79°Io 25 Ilse & Snow Removal General Fund ACTIVITY DESCRIPTION: The City's Ice and Snow activity is responsible for the control of ice and snow on City streets. The activity provides control in a safe and cost effective manner, keeping in mind safety, budget, and environmental concerns. The City contracts for this activity. .GOALS - Remove snow as quickly as possible to provide all residents.with safe access. BUDGET COMMENTARY: The budget for ice and snow control was. based on 20..16 expenditures. BUDGET: DEPARTMENT ENT 43125 ACCT. # ; ACCOUNT DESCR[PTK)N SUPPLIES .225 SALT SAND 210 OPER -nNG SUPPLIES - OTHER 250 SALES TAX TOTAL SUPPLIES 2014 ACTUAL T114 0 0 $7,114 11116120.16 2015 2016 ACTUAL ADOPTED 8,643 0 0 $8,643 8,000 o $8,000 1 i/1512016 10/W16 2017 ACTUAL A DOPM 5.932. 7,000 0 0: 0 $5;832 $7;000 CHANGE: -12,50%.: a00% OZO% -12:5o°I° OTHER SE34V ICES & CHARGES 30$ MISCELLANEOUS 0` 0 0 0 0- 0.00%. 400 ; REPAIRIMAINTE7VANCE oTFiER 1..855 : 2,08.0 0,' 4,380 ; 21000 O:oO% 404 : REFAiR/MAINTENANC.E- CONTRACTUAL: 32.810 : 9,985 ':. 18,000 51653 10,Qa4: -4.4,4A°I° 'TOTAL OTHER SERVICES.& CHARGES $34.665 ' WAS $18,000 ` $10;033 ° $12,000 ' -33.33°/°' CARTAL OUTLAY. 540 HEAVY MACHINERY/EQUIPMENT 0 0 0: 0 0 0.00°I° :TOTAL CAPITAL OUTLAY $0 $0 0.009'° TOTAL ICE & SNOW REMOVAL. $41,779 1 $20,708 ' $28,000 $15;865 : $19,000 '. -26.92% KE Parks. Maintenance General Fund ACTIVITY DESCRIPTION: This department provides for all maintenance and upkeep of the City's parks system. Township personnel, through a contract, perform all labor and provide the equipment for maintenance. GOALS: 1. Routine maintenance of parks. BUDGET COMMENTARY: Currently the City has no parks and does. not perform routine maintenance of parks and therefore there is no expenditures budgeted for this activity. BUDGET: DEPARTNI ENT 4-410 11/151.2016 1111512016 ACCV 2014 2015 2016 10/31116 2017 °I° #k :ACCOUNT DESCRIPTION ACTUAL ACTUAL ADOPTED ACTUAL ADOPT® i CHANGE 'SUPPLIES 211 CHENICALS 0 0 i 0 0' 0 0.Do°I° - 21..0 ' OPERATING SUPPLIES - OTHER 0 D '; 0 0 o. fl.Do°Ia' LANDSCAPING MATB:UALS 0 0 0..: 0 0 :0.00% 226 SIGNS, SIGN REPAIR MATERIALS 0 0 0.: 0 '. 0 0.00% 260 SALES TAX .D , 0 0 0 b a,aa°/o TOTAL SUPPLIES $0 '. $0 $D < $0 $o ` 0:00°I° OTHERsERVICES & cFiARGES 300 PROFESSIONAL SERVICES 0 0' 0 0 0 0:00°Ic i 404: ; PARK MAINTEAANCE - CONTRACTUAL. :` 0 0 0. 0 ' 0 0:00°I° 400 REPAIRIMAN TENANCE- OTHER: 0 0 ; 0 0 Q : 0.00%. 309. MISCELLANEOUS o I 0 :. 0: 0 :. 0' 0.00°Ia TOTAL OTHER SE RVICESA CHARGES. $0 ; $0 $0 $0 $0 o.ob%. CAPITAL OUTLAY 640. HEAVY MACHINERYIMUIPMENT 0. 0 .0 . 0 0 ; 0.00%,; 580 OTHER EQUIPMENTIWIPROVEMEN'TS 0 0 0: 0 0 0.0o%. TOTAL CAPITAL OUTLAY i $0 $0 ' $0 '. $0. ' $0 0;o0°Ia TOTAL PARK MAINTENANCE $0 . $o $0 : $[]. $0 ao0°Io 27 Operating Transfers General Fund ACTIVITY DESCRIPTION: This department provides funds that will be moved to other City funds to finance other City projects or. activities. GOALS: 1. Finance other future City projects with as. Tittle tax impact as possible on City property taxes. BUDGET COMMENTARY: In the past, the City transferred funds to finance future road. improvements and the possible treatment and prevention of the Emerald Ash Bore (EAB) and other unidentified projects, No transfers are planned. for 2017. BUDGET: DEPARTMENT 4900 11M512016. 11/1512016 ACCT; M14 2015 2016 10/31116 2017 % # ACCOUNTE7E5CPJFMN ACTUAL ACTUAL At7C±PiID ACTUAL ADOPTED: CHANGE 720 TRANSFERS OUT 2007 Capital hpmvement Bonds 0 0: 0 ' 0 0 d . Improvement Fund - 401 Road Improvements. 0.. 0 . 0 D D 0:00°/a' EAB TreMment/Prevention D' D' D 0 D D:DO°!u: Building h►3provementslReplacemen4 D D 0 Q. D 6.00°ti` Future. inprovements 0 : D. 0 ; Q ' 0 : 0.00% Annexation Reserve Account 0 D 0' 0 D fl;60% City Hail Construction Fund 402 0 0 . 0 D 0 ! O.DO°/° Sew er'Fund - 601 D 0 0 0 0 O;pp%" TOTAL OPERATING TRANSFERS 0 ❑ 0 : 0 . 0 28 29 PARK & PLAYGROUND FUND SPECIAL REVENUE FUND. ACTIVITY DESCRIPTION: The purpose of the Park & Playground Fund is to assist the City in meeting park acquisition and development needs. Revenues are collected from developers or property owners that develop their properties, Fees are based on assessed land value or number of lots available. Special. Revenue Funds; including the Park.& Playground Fund use the modified accrual basis of accounting, that is revenues are recognized when received. and. expenditure at the time the liability is incurred GOALS: Acquire and develop current and future parkland property. 2. Provide recreational facilities to all residents, including trails and walkways. BUDGET COMMENTARY: Revenue source is park dedication fees paid on. new construction and/or developments, interest earnings and any operating transfers. At this time there are no park improvements or equipment purchase to be funded from the Park Acquisition Fund in 2017. 30 BUDGET: REVENUE BUDGET ACCT.: #1 ACCOUNT DESCRII 2014.. 2015 ACTUAL ACTUAL MISCELLANEOUS ._........ ....... 33604: GRANTS $a' 34785. PART{ DEDICATION FEES 0 36210 INTEREST NCOMEw 347 36id6 ` MISCELLANEOUS 0 39200 TRANSFERS IN 0 TOTAL MISCELLANEOUS. $347 TOTAL REVENUES $347 IXPBYf]HiURE BiJDGET SUPPLIES 210 : OMRATING SUPFLIES - OTHER $0 235 ;.LANDSCAPING MATERIALS 0 226 ; SGISS & SIGN MATERIALS Q 250 SALES TAX 0 TOTAL SUPPLIES S0 OTHER & CHARGES 302 : ENGINEER NG. FEES 0 364 ; LE3AL FEES 0 300 PROFESSIONAL SERVICES 0 400 REPAIRIMAINTENANCE- OTHER 0 540 : EQUIRuENT f] TOTAL OTHER SERVICES &'CHARGES: CAPITAL OUTLAY 510 LAND 580 OTHER UPROV ENE NTS 120 TRANSFERS OUT TOTAL CAPITAL OUTLAY TOTAL EXPENDnRES FUND BALANCE JANUARY 1 EXCESS REVENUE OVER B(PI FUND BALANCE- DECEIABER 31 11115/2016 2016` 1.0131f16 ADOPTED ACTUAL 11r15isn1s 2017 ADOPTED CHANGE. 0= 0 E 0' 0 Q.oa°�° 337: 270 '. 272 345 ` 27.78°I°. 0 0 - 4 < 0:00W 0 0.00% $337 i $270 ; $272 $345 27.78PW $337 $270 $272 $345 27.78% $0 $0 Q? .0 0 0 o o $Q s $0. 01. a 0 .. 0 0 ' o. 0 0 0 0 0 0 0. 4 a 0 $0 0i 0' 0s So 0.00°Iq 0.00% 0.00% 0.00% O. IW; a00%.- 0.001/0 EiM L3: ! $0 $0 0.00% Q ' 0 Q 0.00%/ 0 0 i 0 0 0; 0.00°Ic' .0 0 ; 0 0 0 0.00°I° $3.8,778 $39,125 , $39,462 r $39,462 ; $39,734. $347 . $337 $270 ' $272 $345, $39,125. $.39,462 $39732 $39,734 '. $4079 0.87% FUTURE IMPACTS: The future budget impacts will depend an the type and scope of park and playground improvements. .31. THIS PAGE INTENTIONALLY LEFT BLANK 32 33 DEBT SERVICE FUNDS DESCRIPTION: The Debt Service Funds repay the outstanding debt obligations of the:City of Gem Lake. Debt service. funds use the modified accrual basis of accounting; however, the cash. basis Of accounting will be used for budgetary purposes only. The cash basis is used.for budgeting to ensure that sufficient cash will be available to make required. payments on the City's bonded indebtedness. GOALS: Retire all debt in a timely basis as scheduled. MEASURABLE WORKLOAD DATA: 20144 2015 2016 2017 ACTUAL ACTUAL ACTUAL ESTIMATED Bond Rating Non -Rated Non -Rated. Non -Rated Non -Rated Dec. 3.1 Debt Outstanding. (in thousands} $760 $745 $775 $715 Net Debt:PerCapita $1,914 $1,877 $1,942 $1,525 DEBT LIMITATIONS: All Minnesota municipalities (counties, cities, towns and school districts} are subject to statutory "net debt"limitations under the provisions of Minnesota Statutes, Section 475.53. Under this provision, the legal debt limit is 3.0% of the assessor's market value of the municipalities' tax base. Bond issues covered by this Iimit are those that are financed by property taxes unless at least 20% of the annual debt service costs are financed. by special'assessments or tax increments. At present the City has one bond issue that is subject to the debt limit: the 2007 Capital. improvement Plan Bonds. In 2015 the City issued the:.2015 G. O. Refunding Bonds to retire the 2007 Capital Improvement Plan Bonds in 2016. The City's current legal debt limit and debt margin is as.follows: Legal Debt Limit (3%.of. Estimated Market Value) $39118.1485 Less, Outstanding Debt Subject to Limit (775,0001 Legal Debt Margin as of January 1, 2017 $2,343;485 BUDGET COMMENTARY: The City's debt consists of a capital improvement plan bond for the construction of Heritage Hall which 34 is.repaid from a property tax levy and will be refunded with the 2015 G. O. Refunding Bond. In 2013 ' the City paid off the outstanding principal balance of its two. improvement bonds, which are included in this. document as special. assessments are still being collected.. BUDGET: REVENUE BUDGET ................. . ACCT.'; ................. . # ; ACCOUNT. DESCRIPTION PROPERTY TAXES 31001 eCURRENTTAXES . ..-.-._......:....... _...._... _........... 31002 DELINQUENT TAXES 31003 FISCAL DISPARITY TAX. ............ 31 ad4 ; PENA,L nES & INTEREST TOTAL PROPERTY TAXES SPECIAL ASSESSMENTS 361p1 e SPECIAL ASSESSMENTS :...... ....... .. . .............. ..... 36102 Da NQUENT SPECIAL ASSESSMENTS .......................... . 36103' PENALTIES &.INTEREST 36164 'SPECIAL ASSESSMENTS - PREPAIDISNR TOTAL FINES & FORFETS 3 MISCELLANEOUS 36210 JNTEREST EARNINGS `39000 i MSCELLANEOUS 39260BOND PROCEEDS. ............ . 39300 TRANSFERS IN -TOTAL MISCELLANEOUS TOTAL REVENUES EKPEINDrruRE BUDGET CAPITAL OUTLAY 6a3 BOND PRNCIPAL. 602 BOND INTEREST 603 FISCAL AGENT FEES 701 MSCELLANEOUS 720 'TRANSFERS OU`T TOTAL CAPITAL OUTLA TOTAL EXPENDITURES. 11116i2016 2014 2015 2016 ACTUAL ACTUAL z ADOPTED $48,118 ($442)' $741 $0 $48,417 45,168 ...3,246 279 3,534 $42,201 0 0 0 ($1,387) $89,231 $47,363 $785 $682 $0 $48,830 38,884 1,758 7.11. 924 $41,353 842 I 0 775,000 0 $775,842 �aaa nos '; 11i1�izo�s 1013111E 2017 ACTUAL ADOPTED} CHANG $70,000 $36,080 ` -........_.....,; $0 $347 $0 $2,082 $0 $0 $70,000 14.855 p OI 0, $14,885 533 0 a 0 $533 5.418 $38;509 , 6.288 527 ss 0 $6.884 .686 0 0 $46;079 ................ $75,987 I 8.55% $0 0,00% $0 0,06% $0 W10% $75;987 $.55°I° 0 -100.00%, 0 0.00 % 0 0000/0 0 0.00% 507 0 0 0: $607 $76,494 -10.45% 4 15,000: 15000 15,a0fl 15,000. 6000 300 00% 32,955 32,355. 24.468 24,917 16,505 -32:54% 550 30,533 550 D. 550 0;00% 0 : 0 0 0.06°I° FUND:BALANCE- JANUARY 1 EXCESS REVENUE OVER EXPEN :FUND BALANCE- DECEMBER 31 $48,505 $77,$8$ $46.479 ' $39.91-7 $77,055 65.78% $48,505 $77,8$8 $46,479. $39.9.17 , $77,055 . 65:78°I°' ($19,258) $.21,468 $809.605 r $809,605 $815,767 $40,726 $788.137 ' $38,939 $6.162 : ($561). $21,466 $80065 $648,544 $815,767 ± $815,20fi -3.93%; 35 2004 IMPROVEMENT BOND FUND DEPARTMENT: .20.04 Improvement Bond SUPERVISOR:. Finance Officer FUND #: 302 ACTIVITY #t 4700 ACTIVITY DESCRIPTION: The 2004 improvement Bond was issued to pay for the construction costs of the Scheu�eman Road sanitary sewer and roadway reconstruction project. GOALS: None as:thisdebt was retired in 2D13. MEASURABLE WORKLOAD DATA• 2014 2015 2016 2617 ACTUAL.. ACTUAL ACTUAL ESTIMATE Bond Principal Retired $4 $0 $0 $0 Bond Interest Paid $0 $❑ $0 $0. Special Assessments Collected $38,929 $11,845 $3,424 .$0 DEBT PAYMENT SCHEDULE: :JAN. 1 DEBT YEAR DUE OUTSTANDING PRINCIPAL DUE INTEREST DUE Debt was retired in 2013 BUDGET COMMENTARY -- This fund will receive its revenue from special assessments.collected from benefited properties and an operating transfer to remove the negative fund balance. im BUDGET: REVENUE BUDGET ACCT. # 'ACCOUNT DESCRIRMN SPECIAL ASSESSVETlTS _...._..-. _.-...... . ..._.................. .. ............ 36101 SPECIAL ASSESSMENTS - CURRENT 36102 SPECIAL.A55ESSN®+ITS-OELINQUENT .. -. ... .�... ..--.--....... ... .:..: .-.- .. . . 361.03 ' PENALTIES. & INTEREST .. .........._............................-............-....... .. 36104'SPECIAL ASSESSMENTS - PREIRAIDISNR 'TOTAL FINES & FORFEITS MISCELLANEOUS 36210 INTEREST EARNINGS :....-.............-............-...... 39T00': BOND PROCEEDS ............ _................_- ....._. 39200. TRANSFERS IN TOTAL MISCELLANEOUS TOTAL REVENUES ............... . ExPEINDITTIRE BUDGET 600 :.BOND PRINCIPAL 610 BOND. INTEREST 620 FISCAL AGENT FEES 720 'TRANSFERS OUT 'TOTAL CAPITAL OUTLAY TOTAL EyPEINorruRES FUND.BALANCE-JANUARYI EXGFSS REVENUE OVER EXPEN FUND BALANCE - DECBMER 31 1111512016 11/15/2816 2014 2015 2616 10/31116 2017 % ACTUAL. ACTUAL ADOPTED ACTUAL ADOPTED CHANGE $29,125 $24,120 : 50 $3,424 - $0 0.D0°Ia (2,066)' 29 0 0 0 O.OI)°Ia 109 ' 12 : 0 ol 6 0.00°In 3;534 ❑ = 0 0 0 $30;70.3 $24;16f ` $0, $31424. $fl 0.00°Ia' (1,w); 48 0 [9}' 0 ❑.00°I° 0. 0 I o o b.oa°% ($.1,23.3)I $48 S0.;; {$9} $0 0.00°Io' $29470 $24,209 $0 $3;41.5 $0 ❑.od% ❑ ❑ ❑' :0 ❑ ❑.00°Io ❑ ' .0; a o ` 0 0.00% ❑ I 0 0 0. ${} $0 $o $❑ $[) ❑.ODE°' o F $000 gp o.Iia°� �$55,408) [$251938)s [$1,729} ($1,129)e $1,68E ES 129,470 $24,209 $0 $3,415 $0 ($25;938)=. [$1,729] ($1,729)' $1,686 $1686 -197.51% 37 2015 REFUNDING CAPITAL IMPROVEMENT PLAN BOND FUND DEPARTMENT: 2015 Refunding Capital Improvement Plan Bond SUPERVISOR: Finance Officer FUND #: 304 ACTIVITY #: 4700 .ACTIVITY DESCRIPTION: The 2007 Capital Improvement Plan Bonds we.re.issued to finance the construction of Heritage H a I I and refunded in 2015. GOALS: Pay debt payments on a timely basis as scheduled. MEASURABLE WORKLOAD DATA: 2014 2015 2016 ACTUAL ACTUAL ACTUAL. Bond Principal Retired $15,000 $15,000 $15,000 Bond, Interest Paid $32,955 $48,382 $24,468 Property Tax Levy Collected $48,417 $487830 $74,589 DEBT PAYMENT SCHEDULE: YEAR DUE 2017 2018 .2.019 2020 2021 2022 2023 2024 2025 2026 2027 `2028 JAN. 1 DEBT OUTSTANDING $775,000.00 $715;00.0.00 $655,000.0 $590,000.00 $530,000.00 $470,000.00 $405,000.00 .$340,000.00 $275;000,00 $21.0,000.00 $140,000.00 $70,000.00 PRINCIPAL DUE $60,000.00 $60;000.00 $65,000.00 $60,000.00 $60,000.00 $65,000.00 $65,00.0.00 $55,000.00 $65,000.00 $70,000.00 $70,000.00 $70,000.00 W 2017 ESTIMATE $.15,000 $24,468 $70.,000 INTEREST DUE $1.6,505.00 $15,755.00 $14,827.50 $13,765.00 $12,640.00 $11,358.75 $9, 928.75 $8;401,25 $6,776;25: $4,987.50 .$3,045:00 $1,015.00 BUDGET COMMENTARY: This fund will receive. its revenue from a property tax. levy. Annual debt servic.e:payments are the only expenditures budgeted in this fund. The 2007 Capital Improvement Plan Bonds were advance refunded by the 2Q15 General..Qbligation Refunding Bonds for principal beginning in 2017. BUDGET. REVENUE BUDGET 11115/2016 1111512D1 B ACCT..' 2014 2015 ................... ... 2016 18131118. _-...- ;. 20.17 °7q # I ACCOUNT DESCRIPTION ACTUALACTUAL ADOPTED ACTUAL ADOPTED CHANGE PROPERTY TAXES 31.MI. CURRENT TAXES $48,118 ............... $47,363 = $70,0D0 $36,080 : $75,987 8.55%, 3.1002 :DELINQUEII .T TAXES ....................... .:. 785 a 34i 0 31003; FISCAL DISPARME$.TAXES 741 682 . ..... -.... , 0 2,082 0 D.DO°/°` 31004 PENALTIES &.INTEREST 0 0 0 0: :.. 0 ........... , 0.90% ;TOTAL FINES & FORFEITS. $48,417 i $48,830 $70,000 $38,509 $75,9$7 ; 8:55°Iai MISCELLANEOUS 36210 INTERESTEA RNNGS :........ ......... . ........ ............. 474 484 409 ' 444 507 23.96°/° 6 39.100 BOND PROCEEDS i Q ' 775,000 0: 0 0 .. . 0;00°I° .......... ...... ................_..-._.................... 39200ITRANSFERS IN 0 0 0 0 ' 0. , 0.00°Ia -TOTAL MISCELLANEOUS $474 $775,481 $409 $444 $507 23.96°/0 iJOTAL REVENUES $48,891 $824,311 .'• $70,409 $38,953 $76,494 ; 8,64%' !EXPENDITURE BUDGET CAPITAL OUTLAY 600 :`.BOND PRINCIPAL .............. . .$15,000 $15,000 $15,OD0 $15;000 : $60,000 300.00°/0 610 ;.BOND . ......I.. .... ......... .. .. ., 620 FISCAL AGENT FEES .....- ..................F :.... 550 .. ....:..:... .....:.. 30,533 . - ... .. 55.0 '. Q ' 550. OAD°I° 720 TRANSFERS OUT 0 = 0 0 0 ; 0 O.DD°I° TOTAL CAPITAL OUTLAY $48;505 ' $77,888 $40,018 ` $39,917. $77,055.: 92.55% TOTAL EXPENDITURES $48,505. $77.888 UU18 $3017 $77;055 92.55°I° -FUND BA LANCE .-JANUARY 1 $84,423 $$4,809 $831,232 $831,232 $830,268 EXCESS REVENUE OVER EXPENDrruRES. $386 f $746;423 $30.,391 ($9$4) ($561 ) . FUND. BALANCE- DI=GEMBER 31 $84,809 $831;232 , $$61,623 ` $830,288 :` $829,707 : -3.70°/° 39 2006 IMPROVEMENT BOND FUND DEPARTMENT: 2.06 Improvement Bond SUPERVISOR: Finance Officer FUND:#:. 303 ACTIVITY* 4700 ACTIVITY DESCRIPTION: The 2005: improvement..Bonds were issued to finance road improvements on Big Fox Road, Little Fox Lane, Haven Lane, and Tessier Road. GOALS: None as this bond was retired in 2013. MEASURABLE WORKLOAD DATA: 2014 20.15 2016 2017 ACTUAL ACTUAL ACTUAL ESTIMATE Bond Principal Retired $0 $0 $0 $0 Bond Interest Paid $0 $0 $0 $0 Special Assessments Collected $15,,032 $18116 $6,324 $0 DEBT PAYMENT SCHEDULE: :IAN. 1 DEBT YEAR .DUE. OUTSTANDING PRINCIPAL DUE INTEREST DUE Debt was retired in 2013 BUDGET COMMENTARY: This fund will receive its revenue from special assessments levied against benefiting .properties. The only expenditures. are for a possible transfer to other bond funds to remove negative fund balances and to fund the City's share of possible matching grant funds. 40" BUDGET: ACCT. AccouwrDESCRPMN 1111512016 1111512016 2014 2015 2016 10131/16 2017. ACTUAL ACTUAL ADOPTED ACTUAL ADOPTED $16.,042 170 ff $15,032 (628) 0 ($628) $14,404 $0: 0: 0 0 $0 $0 $3,145 $14404. $17,549 $14j764 $14,885 $2864 :.s0 1,729 5 27 0 699 0 69 0 924 0 0 o $18,116 $14,885 $3,460 $o 313 124 251 0 0 0 0 .$313 .$124 $251 $0 $18,429 $1 5,0og $3,711 0 o so $17,549 $18,429.' $35,978.. 41 o Z $ $0 o 0 o BA61 a. 0 $6,461 so. $0 $6,461 $0 $35,978 $35;978 $3909 $8,648 $Vll $0 $44,526 $39,689 $39,689 CHANGE -100.00% 0,00% ............. 0.00%. 0.00%, -100-00%` 0.0M .......... 0.00%] -100.00%. -100.000%e .. . ......... 0.00% 0.00%, -1 M00%i -100.00%1 THIS PAGE INTENTIONALLY 42 LEFT BLANK 44) 43 CAPITAL IMPROVEMENT FUNDS ACTIVITY DESCRIPTION-, The Capital. Improvement Funds.. pay the.. construction casts of the City's infrastructure improvements. Capital improvement funds use the modified accrual basis of accounting; however, the cash basis of accounting will be. used for budgetary purposes only.. The.cash basis is used:for budgeting to ensure that sufficient.cash will be available to make. all required payments. GOALS. l: Construct and replace the City's infrastructure on a timely basis, as scheduled or as needed. MEASURABLE WORKLOAD DATA: See the individual funds for their service levels. BUDGET COMMENTARY: See the individual funds for budget explanations. 44 BUDGET: IRE11EVuE BUDGET ACCT. 2014 # ACCOUNT DESCRIPTION. ACTUAL 36.101 SPECIAL ASSESSMENTS $17.282 35102. DELINQUENT SPECIAL ASSESSMENTS $1.01.0 36103. PENALTIES & INTEREST $347 36164_.SPtCA.LASSESSMFMS:-PRFPAIDISNR $a 11/1512016 1111512016 2015 2016 10/31116 2017 % ACTUAL ADC)PTED ACTUAL ADOPTED CHANGE $1.53 $0 $30,736, . $63,6.10 $0 $0 $0 $0. 0.00% $0. 0 $Q $0 0.00% $0 $0. $0: $0: 0.00°% TOTAL SPECIAL.ASSESSMENTS $18,639 $153 $0 $30,736. $63,610 0. MISCELLANEOUS. 36210 INTEREST EARNINGS 1,232 492 687 (952) (40) -105,82% 36200 MGCFLIANEOUS r M7 r O r 0 r 0.' 0. 100% 39100. BOND PROCEEDS. 0 0 0 0 0 0.00°% 39200 TRANSFERS. IN 0 0 6,461 0 0 -100:00% TOTAL MISCELLANEOUS $1.232 $492 $7,148 ($952) ($40) -100..56% TOTAL REVENUES $19.871. $645 $7,148 $29,784 . $65,57.0 789:34°% EXPENDITURE BUDGET OTHER.SEaVECES & CHARGES 302 ENGINEERING FEES 25.268 91,8$5 60,000 50,612 0 -iob..00% 304 LEGAL FEES 700 : 8,155 . Z000. 2.345' .' 0 :. -100.00°% .335 'ARCHITECTFEES 0 0; 0 .. A 0 0.00% 308 OTHER PROFESSIONAL. SERVICE 0. 662 .500 0 0 -100,00% 309 MISCELLANEOUS 0 . 0 ❑ 0 0 0:00% 310 CONFERENCE REGISRATIONS 0. 0 0 0 0 0.00% 333 MEETING PREPARATION 0 0. 0 0 0 o.❑a�% 351 LEGAL. NOTICE PUBICATIONS 0 $14 100 :0 0 -100.00% 610 .INTEREST 0 0 0 0. 0 0.00°/0 620 F15CAL AGENT FEES 0 0 0 0 0, TOTAL OTHER SERVICES &CHARGES $25,968 $101,506 $62,600 $52,957 $0 -100:00°% CAPITAL OUTLAY 531 OTHERIEti1PROVEMVR TS 0 0 0 0 0 0.00°% 520 BUILDING CONSTRUCTION 0. 0 0 0 0 0.000A 720 OPERATWG TRANSFERS ❑ 0 500,000 270,947 ❑ -100 00°% TOTAL.CAPITAL OUTLAY $0. S0 $5a0,000 $270,947 $tl -100.00°% TOTAL EXPENDITURES S25.,968 $101,506 $562;60a $323;904 to -100.00°% FUND BALANCE- JANUARY 1 $101,194 $95,097 .($51764) r ($5,764) ($299,884) EXCESS REVENU.EOVERDCPENDrRJRES. (W,097) {$100;861j {$555.452). ($294,120) $63,570 FUND —BALANCE- DECREER31 $95,097 ($5,764). ($561,216) ($299,884). ($235.,314) =57.89.0% 45 IMPROVEMENTFUND. DEPARTMENT: Improvement Construction SUPERVISOR: City Engineer FUND .#: 401 .ACTIVITY #: 4800. ACTIVITY DESCRIPTION: The Improvement Fund was established for current and future improvement projects within the City. GOALS: None. MEASURABLE WORKLbAD DATA: 2014 2015 2016 2017 ACTUAL ACTUAL ACTUAL ESTIMATED Since this fund Was closed out there is no measurable Workload data. BUDGET COMMENTARY: The major revenue source in the past was transfers of excess funds from. the General Fund to help finance future building improvements and to set funds aside for possible emerald ash bore tree replacementitreatments. Currently there are no improvement expenditures budgeted for 2017. 46 BUDGET: REVENUE: BUDGET 11/1512016 1111512016 Ate. 2014 2015 2016 10/31/16 2017 # ACCOUNT OESCRIR-ON ACTUAL ACTUAL ADOPTED ACTUAL ADO TED CHANGE MISCE-LANEOUS 35210 INTEREST EARNINGS S1,529 $1,127 $905 $9.10 $1,154 27.51% 36200 MISCELLANEOUS. 0 0 0 0 0 0 00% 39100 BON© PROCEEDS 0 0 0 0 0 39200: TRANSFERS:IN Road Improvements. 0 0 0 0 0 0-006A EAB Treatment/Prevention. 0 0 p 0. 0 Q.00°Io Building Improvements/Replacement 0 0 0. 0 0 0.00% Future Improvements. 0 0 0 Q 0 0 00% TOTAL MISCELLANEOUS 51,529 $1,127 $905 $9.10 $1,154 27,51% TOTAL RE1/RIUES; $1,529 $1,127 $905 . $910 $1.154 27.51% EKPENDITURE BUDGET' OTHER SERVICES & CHARGES 302.:.ENGINEERING. FEES 0 0 0 0 0 0.04°/0 304 . LEGAL FEES 0 0. 0 0 0 6,00%. TOTAL OTHER SERVICES & CHARGES .$0 $0 SQ $0 $0 0.00'l0 CAPITAL OUTLAY 531 OTHER IMPROVEMENTS: 0 0 0 0 WATER IMPROVEMENTS 0 t] 0 0 0 0.00% 720 OFERAT€NG: TRA NSFERS 0 0 0 . 0 0 . 0.00% TOTAL CAPITAL OUTLAY $0 $0 $0 50 : $0 0.00% TOTAL EXPENDITURES` $0 $0 : $0 . $0 : $0 . 0.00°A;. FUND BALANCE JANUARY 1 $129,680 $13..1,209 $132.336 � $132.336 . $133;246 B(CESS REIENJEOVER :DCPENDITURES: $1,529 : $11127 $905 $910 . $1,154 . FUND. BALANCE- DECEMBER31 $131.;2i19. $132,335 $133,241 $133,246 $134;400 a.87% 47 SCHEUNEMAN ROAD IMPROVEMENT FUND DEPARTMENT: Scheuneman Road Improvement SUPERVISOR: City Engineer FUND #: 403 ACTIVITY #: 4800 ACTIVITY DESCRIPTION: The 8cheuneman Road I mprovem ent.fu nd recorded bond. proceeds and sewer improvement and road resurfacing costs on Scheuneman Road. GOALS: None. MEASURABLE WORKLOAD DATA: 2014 2015 2015 2017 ACTUAL ACTUAL ACTUAL ESTIMATED No service levels have been established for this fund. BUDGET. COMMENTARY: Revenue sources include special assessments to benefitting properties. Expenditures were for infrastructure improvements which included the installation of sanitary sewer and resurfacing/reconstructing the road way: BUDGET: REVENUE BUDGE' 1.1115/2016 11 P[ 6/201 fi ACCT.. 2014 2015 2016 101311.16 2017 % # ACCOUNT DESCRIPTION ACTUAL ACTUAL ADOPTED ACTUAL ADOPTED CHANGE SPECIAL ASSESSMENTS 3610.1 SPECIAL ASSESSMENTS _ CURRENT 17,282 1.53 .0 0 0 0-00°% 361 0i SPECIAL ASSESSMENTS - DELINQUENT 1,010 .0 0 0 0 0.00°%. 36103 PENALTIES & INTEREST 347 0. 0 0 0 0.00°% 36104 SPECIAL ASSESSMENTS - PREPAIDISNR: 0 0 .0 0 0 a000/0 TOTAL SPECIAL ASSESSMENrS. $18,639 $153 $0 $0 MSCELLANEOUS 36210 INTEREST EARNINGS ($73) $.115. $5. $22. $28 460.00°Io 36200 M.SCELLANEOLIS.: 0 .0 0 0 0 0.00°% 391 OO..BQND PROCEEDS 0 0 0 0 0 0.00% 39.2.00 TRANSFERS IN 0 0 0 0 0 0.00% TOTAL MISCELLANEOUS ($73) 5115. $5 $22 $28. 460;00°% TOTALREVENUES $18.,566 ; $268 :$5 : $22 $28 4E0.00°% B(PENDI TURE BUDGET OTHER SERVICES & CHARGES 302 ENGINEERING FEES .0 0. 0 0 0 0.00°I° 304 LEGAL FEES 0. 0 . 0: 0 .0 0.0n, TOTAL OTHER SERVICES & CHARGES $0 :$0 $0 $0 $0 0.00°/° CAPITAL OUTLAY 531 OTHER IMPROVEMENTS 0 0 . 0. 0 720 OPERATING -TRANSFERS 0. 0. 0 TOTAL CAPITAL OUTLAY $0 . $0 $0 . $0 $0 0.00°% TOTAL EXPENDITURES 50 . $0 $0 $0 $0 0.00°% FUND BALANCE- JANUARY 1 EKCESS REVENUEOVER EXPENDITURES: ($15,673) $18,566 S21893 $268 . $31161 $5 . $3;l61 $22 $3,183 $28 FUND "BALANCE- DECEMBER31 $2893. $3;1§1 $3,166 $3,183 $3;21.1 FUTURE IMPACTS: There are no future impacts at this time far#his fund.. 49 HOFFMAN ROAD IMPROVEMENT FUND DEPARTMENT: Hoffman Road Improvement SUPERVISOR: City. ity Engineer FUND #: 404 ACTIVITY.#: 4.800 ACTIVITY DESCRIPTION; The Hoffman Road improvement Fund is used to provide the City's share of future. road improvements/maintenance on Hoffman Road. GOALS- 1. Improve and maintain Hoffman Road on timely basis. 2. Extend municipal water into the business district of the City, MEASURABLE WORKLOAD DATA: 2014 2015 2016 2017 ACTUAL ACTUAL ACTUAL ESTIMATED No service. levels have been established for this fund. BUDGET COMMENTARY: Currently the only revenue source is interest earnings on the cash balance of this fund. Expenditures in 2015 and 2016 were for extending municipal water ihto the business district area from Hoffman Road. 50 BUDGET: REVENUE BUDGET ACCT.. 2014 #. ACCOuNT.DEscRimiON ACTUA 1111512016 1111 k015 2015 2016 10/31116 2017 % CTUAL ADOPTED. ACTUAL ADOPTED CHANGE 35101 SPECIAL ASSESSMENTS - CURRENT 0 0 0. 30735 63;610 U.00°I❑ 36102 SPECIAL ASSESSME I\ITS - DELINQUENT 0 0 0 0 . 0 0.00% 36103 PENALTIES &.INTEREST iJ. 0 0 0 Q 0.00% 36104'. SPECIAL ASSESSMENTS - PREPAID(SNR 0 0 . 0 . 0 0 0:00% TOTAL SPECIAL.ASSESSMEIM $p $Q $0 $3Q,736 $63,6.10 0.00°I❑ MISCELLANEOUS 36210:INTEREST EARNINGS {$224} (5750) {$223} {$1.,884} {$1,222} 447.98°I° 36..200;.MISCELLANEOUS 0 0 Q 0 0. 39100 BOND PROCEEDS 0 0 D 0. 0 0.00°% 39200' TRANSFERS IN 0. Q .0,46.1 0 0 -100.00% TOTAL MISCELLANEOUS {$224y (S750) $6238 (S1,884). ($1,222) -119.59% TOTAL REVENUES' ($224) {$750} $6,238 $28,852 $62,388 90 A3°% EXPENDITURE BUDGET OTHER.SERVICESA CHARGES 302. ENGINEERING FEES 25,269 91,885 60,06Q : 50,612. 0 -1 QQ.QQ°Io. 304 LEGAL.FEES .. 700 . 8,155 2,000 . 2,345 . 0 -100.00% 308 ADMINISTRATION 0 652 500 0 0 -100,00% 351 LEGAL NOTICES 0. 814 100 0 : 0 100.00% 309 MISCELLANEOUS 0 17350 0 Q TOTAL OTHER SERVICES. &..CHARGES $25.968 $118,856 $62,600 $52,957 $0 -.100:00°/° CAPITAL OUTLAY 531 OTHER IMPROVEMENTS 0 0 50U,000. 270,947 0 -100.00% 720 •.OPERATING TRANSFERS 0. 0 0.. 0 : 0 6:00°/° TOTAL CAPITAL OUTLAY so.. SO $500,000 . $270,947 S0 -100.00°% TOTAL EXPENDITURES $25,968.. $118,856 . $5621600 $328,004 $0-100,00°I° FUND BALANCE-JANUARY 1 $17;18.7 ($9,005) {$128611).' (S128611) ($423663) EXCESS REVENUE OVER EKPENDfrURES ($26,192) [$119,606} ($556,362), (5295,052) $62.389 FUND BALANCE - DECEMBER 31 ($9,045} {5128;611 } ($684,973). ($423,663) ($361,275).=47.26% FUTURE IMPACTS: Future impacts would be the cost of the improvements/maintenance, on .Hoffman Road. Extending water into the business district will result in the City maintaining an Enterprise Fund for its water operations in the future as businesses connect to the new water system and/or the system expands. 5t THIS PAGE INTENTIONALLY LEFT BLANK 52 53 SEWER OPERATING FUND ENTERPRISE FUNDS ACTIVITY DESCRIPTION: The Sewer Operating Fund is the only Enterprise. Fund the City has. It is:responsible for the maintenance of all lift stations and sanitary sewer lines in the City. The Selmer Operating Fund is self-sustaining from revenues derived from utility charges: GOALS: 1. Keep all lift stations.and sewerlines functioning safely and efficiently. MEASURABLE WORKLOAD DATA: 2014 ACTUAL Gals of Sewage Treated (Millions) 10.15 Miles of Sewer Lines. Service Connections BUDGET COMMENTARY' 2015 2016 2017 ACTUAL ACTUAL ESTIMATED 10.25 10.95 11.19 The main revenue source is sewer revenues, which are based on the number of sewer connections, past sewer usage and sewer rate. Sewer charges are estimated to generate revenues of $51,000 and currently no rate increase. was used to estimate 20.17 revenues, however it appears a rate increase may be needed. to properly fund future sewer operations. Interest income is another revenue source and is based an estimated interest earning: On the expense side, supplies budgets for 2017 were increased slightly based an past costs. The largest expense within Other Services and Charges are the M.C.E.S, Charges for sewer treatment. These. charges are based on actual sewer flows and sewer treatment costs charged by the M.C.E.S. The City's flows have increased over the past year and the cost of treating waste. water has also increased, For 2017 the M.C.E.S. Charges have increased 8.14% to $27,805. The City also. annually budgets to flush (clean) sewer lines to prevent sewer backups. For 2017 $12,000 is budgeted to flush:sewer lines. 64 BUDGET: REVI31dUE BUDGET 1111512❑i s 1111612016 ACCT. 2014 2015 2015 10/31/16 2017 % # AOGOLwT DESCRIPTION ACTUAL ACTUAL ADOPTED ACTUAL ADOPTED CHARGE CHARGES FOR SERVCIES 34410 LOCALSACCIHI,ARGES. $5,099 $16,480 .345❑0 SEAERiE1ENUES.RESID TIAL 13,685 6,815 15,500 8,697 15,SOa 0,60°% 34600. SEWER. FEVENUE3- COMlVERCIAL 25,974 37,761 35,5❑0 24,080 35,500 0,0094 .34640 CERTIFIED SEA REV 1,70a :350 0 2,291 4 0-04°ti 34650 PE11ALT1ES &INTEREST M13 3;880 21000 2AV 2,50D 25.06% TOTA L CHARGES FOR SERV ICES $49.582 $65,286 553,a00 $38,560 $53,500 0.94% SPECIA L A S SESSMS,1 iS. 36161 SPECIAL A SSESSMENTS 0 0. 0 0 0 6.00°% 36102 DELMUENT $FECAAL ASSEESSP49ZS 0 0 0 0 0 0,00% 36103 ;B"LTES & INTEREST ❑ . 0 0 0 0 GM% TOTAL SPECIAL A SSESSNENTS 30 $0 $D $0 $0 0,00% MISCE -LANEOUS 36200 MISCELLANEOUS 0 0 . .0 0.. 0 0.00°A 36210. INTEREST 9\.MME 3,724 81795. 2,750 2,719 3:597 . 30_a0 % 39206 OPERATING TRANSFERS 0 0 0, 0. .0 0.00% TOTAL MISCEI~LANEOUS $3,724 $3,795 $2;750 $2.719 $3,597 30:86%. TOTAL REVBVUFS $53,W6. $69,081 $55,750 $41,279. 557,097 Z42% F7CPENomjREBLuGET SUFFLES 201 OFFICESUFPLIES 419 0 50-D a 500 6.00% 210 OPERATING SUFFLJES 1 0 0 0. 0 0.00% 212 POSTAGE 131 98 20D 136 .250 25,00% 250 SALES TAX ❑ ; 0: 0 0 . 0 .0,00% TOTAL SUPPLIES $551 598 $.700 $138 $750 7,14% OTHER SERV ICES & CHARGES 301. AUDITING &.ACCO�NG SERVICES 2,460 . 0 21600 ❑ 2,700 3,85% 30.2 ENGINEERING FBA 529 0 5;000. 279. 5,000 0:00°% 318 UGES, CHARGES 79,488 231616. 25.713. 21,428 27,80.5 8.14% 319 LOCATES 687 1,608 600 .856 600 ❑M% 329 FMNCWLSERVICE: 1,430 11929 44500. 178 3,060 -33,33% 334 COMRITERsEftVICEB 557 606 500 200 500 0,001/. 460 RFPAIRI MAINTENANCE 30 1 4,000 ❑ 4,000 . 0,00°/0 420 DECWTIOi!i 12,456.. 12,457 12.500 4 12;500 ❑:00°/a 433 DUES &'SUBSCRIPTIONS 0- 0 ❑ ❑ 0 O.t1D % 46.0 SEVVERINSPECTIDIJS 0. 9,890 6. a 0 0.00% 461 SEWERFLUSHlNG. 10,482:. a 12,000 0. 12,000 14,4a% TOTALOTHER SERVICES & CAA RGES 548,009 $50,107 $67,413 $22;941 $68105 1.03%. CAPITAL.OLMAY 540 HEAVY MACHINERYIEOUIPMENT 0 0 0 0 0 0:00%a .530 OTI-E MUIFIMEVT&WIPROVHNEiITS 0 0 ❑ o a 0:00°Ia 720 OPERATNG TRANSFERS 0 . 0 0 ❑ 0 O,GD % TOTAL CAPITAL OUTLAY $0 $0.S0. 50 S0 0.0^ TOTAL EXPBVDFuZEaUDGEf . $48,560 $60.205 . $68,113 $23.079 : $6805 1,09% FUND BA LANCE-JANLWRY 1 $391;864 $409.066 : $440,394 $440,399 $4581599 EXCESS REVENUE OVEREXPB\DMJRES $4,746 $16,876 ($12,3w) $18,200 ($11,758) D®LICT INFRASTR TiON ADDTIONS $0 $0 S0. .50 $0 ADD BACK DffTRECATION $12 A56 $12AW $12,500 $0 S72,500 FUND eALANCE-.DEC ENSER31 $409,086. $440,199 $446,536 $458,599 $459,341 4,2N .555 THIS ]PAGE INTENTIONALLY LEFT BLAND 58 57 SUMMARY OF TAX.LEVIES,.PAYMENT PROVISIONS, AND MINNESOTA REAL PROPERTY VALUATION The foIlowin summary g ' is a. of certain statutory provisions effective beginning 2011 relative to tax levy procedures, .tax payment and credit procedures, and the mechanics of real property valuation. The. summary does not purport to be inclusive of all such provisions or of the specific provisions discussed, and is qualified by reference to the complete text of applicable statutes, rules and regulations of the State of Minnesota. Property Valuations (Chapter 273, Minnesota Statutes) Assessor's Estimated Market Value Each parcel of real property subject to taxation must, by statute,.. be appraised at least. once every five years as of January 2 of the year of appraisal. With certain exceptions, all property is valued at its market value; which is, the value. the assessor determines to be the price the.: property to be fairly worth, and which. is referred to as the "Estimated Market Value," Taxable Market Value The Taxable Market Value is the value that property taxes are based on, after all reductions; limitations, exemptions. and deferrals. It is. also the value used to calculate a municipality's legal debt limit. Indicated Market Value The Indicated Market Value is determined bydividing the Taxable Market Value of a given year by the same year's sales ratio determined by the State Department of Revenue. The Indicated Market Value serves to eliminate disparities between individual assessors and. equalize property values statewide. Net Tax Capacity The Net Tax Capac€ty is the value upon which net taxes are levied, extended and collected. The Net Tax Capacity is computed by applying the class rate percentages specific to each type.of property classification.against the Taxable Market Value. Class rate percentages vary depending on the. type of property as shown on the 101 page of the Appendix. The formulas and class rates for converting Taxable Market Value to Net Tax Capacity represent a basic element of the State's property tax. relief system and are subject to annual revisions by the State Legislature. Property taxes. are determined by multiplying the Net Tax Capacity by the tax capacity rate, plus multiplying the. referendum market value .by the market value rate.. Property Tax Payments and Delinquencies (Chapters 275, 276, 277, 279-282 and 549, Minnesota Statutes) Ad valorem properly taxes levied by local governments in Minnesota are extended and collected by the various counties within the State. Each taxing jurisdiction is required to certify the annul tax levy to the county auditor within five (5) working days after December 20 of the year proceeding the collection year. A listing of property taxes.due is prepared by the county auditor and turned over to the county treasu rer on or before the first business day in March. The county treasurer is responsible for collectingall property taxes within the county. Real estate and personal property tax statements are mailed out by March 31. One-half (112) of the taxes on real property is due on or before May 15. The remainder is due on or before October 15. Real 1 property.taxes not paid by their due date are assessed a penalty which, depending on the type of property, increases from 2% to. 4% on the. day after the. due date. In. the case of the first installment. of real property taxes due May 15, the penalty increases to 4°ln or 8% on June 1. Thereafter; an additional 1 % penalty.shall accrue each month through October 1 of the collection year for unpaid real property taxes. In the case of the second installment of.real property taxes: due October 15, the penalty increases to 6% or 8% on November 1 and increases again to 8% or'12% on December 1. Personal property taxes remaining unpaid on May 16 are deemed to be delinquent and a penalty of 80/6 attaches to the unpaid tax. However,. personal property owned by a tax-exempt entity, but which is treated as taxable by virtue of a lease agreement; is subject to the same delinquent property tax .penalties as real property. On the first business day of January of the year fallowing collection. all delinquencies are subject to an additional 2% penalty, and those dellnquencies outstanding as of February 15.are filed for a tax lien judgment with the district court, By March 20 the county auditor files a publication of legal action and a mailing notice of action to delinquent parties.. Those property interests not responding to this notice have judgment entered for the amount of the delinquency and. associated penalties. The amount of the judgmentis subject to a variable interest determined annually by the Department of Revenue,. and equal to the adjusted prime rate charged by banks, but in no event is the rateless than 10% or more than 14%. Property owners subject to a tax lien judgment generally have five years (5) in the case of all property located outside of cities or in the case of residential homestead, agricultural homestead and seasonal residential recreational property located within cities or three. (3).years with respect to other types of property to. redeem the property. After expiration of the redemption period., unredeemed properties are declared tax forfeit with title held in trust by the State of Minnesota for the respectivetaxing districts... The county auditor, or equivalent thereof, then sells those properties not claimed for a. public purpose at auction_ The net proceeds of the sale are first dedicated to the satisfaction of outstanding special assessments. on the parcel;.with any remaining balance in most cases being divided on the following basis: county - 40%, Township or city - 20%; and school district.- 40%. Property Tax Credits (Chapter 273, Minnesota Statutes) In addition to adjusting the taxable value for various property types,. pririnaryelements of Minnesota's property tax relief system are,: property tax levy reduction aids; .the renter's credit, which relates property taxes to income. and provides relief on a sliding income scale; and targeted tax relief, which is airned primarily at easing the effect of significant tax increases. The circuit breaker credit.and targeted credits are reimbursed to the taxpayer upon application by the taxpayer. Property tax levy reduction aid includes educational aids, local governmental aid; equalization aid, county program aid and disparity reduction aid. Debt. Limitations All Minnesota mun icipalities. (county,. cities, townships and school districts) are subject to statutory "net dent limitations under the provisions of Minnesota Statutes, Section 475.53. Net debt is defined as the amount remaining. afterdeducting from gross debt the amount of current revenues which are applicable within the current fiscal year to the. payment of any debt. and the aggregation of the principal o#the fallowing: Obligations issued for improvements which are payable Wholly or partially from the proceeds of special assessments levied upon benefited property. 59 2. Warrants. or orders having no definite or fixed maturity. 3. Obligations payable wholly from the income from revenue producing coriveniences, 4. Obligations issued to create. or maintain. a permanent. improvement revolving fund.^ . 5, Obligations issued for the acquisition and betterment of public waterworks systems and public lighting, haating.or power systems, and any combination thereof,.or for any other public convenience from which revenue Is or may derived. 6. Certain debt service loans and capital loans made to school districts. 7. Certain obligations to repay loans. 8. Obligations specifically excluded under the provision of law authorizing their issuance. 9. Certain obligationsto pay pension fund liabilifies. 19. Debt service funds for the payment of principal and interest on obligations other than those .described above. Levies for General Obligation Depot (Sections 475.61 and 475.74, Minnesota Statutes) Any municipality which issues general obligation debt must, at the time of issuance, certify levies to the county auditor of the county(ies) within which the municipality is situated. Such levies. shall be in an amount. that if collected in full will, together with estimates:of other revenues pledged for payment of the obligations, produce at least five percent in excess:of the amount needed to pay principal and interest when due. Notwithstanding any other limitations. upon the ability of a taxing unit to levy taxes, its ability to levy taxes for a deficiency in prior levies for payment of general. obligation indebtedness is without limitation as to rate or amount.. Metropolitan Revenue Distribution (Chapter 473F, Minnesota Statutes) "Fiscal Disparities Law" The Charles R. Weaver Metropolitan Revenue Distribution Act, morecommonly know as "Fiscal Disparities" was first implemented for taxes payable in 1975. Forty percent of the increase in commercial -industrial .(inclu.ding public. utility and railroad) net tax capacity valuation singe 1971 in each assessment district in the Minneapolls/St. Paul seven -county metropolitaii area (Anoka, Carver, Dakota, excluding the City of Northfield, Hennepin, Ramsey, Scott, excluding the City of New Prague, and Washington Counties). is contributed to an area -wide tax base. A distribution index, based on the factors of population and real property market value per capita, is employed in determining what proportion of the net tax capacity value in the area -wide tax base shall be distributed back to each assessment district. .E STA TORY FORMULAE CONVERSION OF ESTIMATED MARKET VALUE (EMV) TO NET TAX CAPACITY FOR MAJOR PROPERTY CLASSIFICATIONS General 2001 Net Tax Capacity 2002-2017 Net Tax Capacity Classification Est. Mkt. Value o9�Q_ f EMV Est. Mkt. Value % of EMV RESIDENTIAL: Homestead First $76,000 1.00% First $500,000 1.00% Over $76,000 1.65% Over $500,000 1.25% Non -Homestead First $76,000 1.20% First $500,000 1.00% Over $76,000 1.65% Over $500,000 1.25% AGRICULTURAL LAND: Homestead First $115,000 0.35% First $600,000 0.55% $115,000-$600,000 0.80% Over $600,000 1.00% Over $600,000 1.20% Non -Homestead 100% of EMV 1.00% 100% of EMV 1.00% COMMERCIAL 1 INDUSTRIAL First $150,000 2.40% First $150,000 1,50% Over $150,000 3.40% Over $150,000 2.00% M $3,000 $2.500 $2,000 $1,500 $1,000 s5e6 sslr 6sa5 $500 S307 S321 S283 $329 5312 $0 CITY PROPERTY TAXES IT 1% Increase in ESTIMATED market vdm) $1.046 S902 $944 $03 I+ S1.$79 51,525 51195 01,475 51,1d723151.32ij ,7047 � { S2S09 51.472 57.65# 235 $140,712 $234.520 $328,328 $422.136 $515.944 TAXABLE MARKET VALUE *ACTUAL 2012 *ACTUAL 2013 MACTUAL 2014 *ACTUAL 2015 *ACTUAL 2016 ACTUAL 2617 CITY OF GEM LAKE 11/18/2014 11/17/2015 PROPERTY TAX CHANGES 2015 2016 2017 2014 Final Final Final Final Levy Levy Levy Levy GENRAL LEVY 180,119 204,655 225,026 363,294 DEBT LEVY: GENERAL DEBT LEVY 0 0 0 0 CAPITAL 1MPROV. PLAN BONDS 50,300 50,000 70,000 75,987 2016 IMPROVEMENT BONDS 0 0 0 0 TOTAL DEBT LEVY 50,300 75,987 50,000 70,000 TOTAL PROPERTY TAX LEVY 230,419 439,281 254,655 295,026 LESS: FISCAL DISPARITIES 5,394 5,944 6,365 6,610 NET PROPERTY TAXES 225,025 432,671 248,711 288,661 % CHANGE '-10.10% 10.53% 16.06% 49.89% TAX CAPACITY 846,800 878,661 977.703 1,051,625 TAX RATE 26.574% 28.306% 29.524% 41.143% MEDIAN VALUE HOME 200,800 214,000 227,800 243,950 TAXABLE MEDIAN VALUE HOME 189,568 201,580 214,138 228,835 TAXABLE TAX CAPACITY 1,896 2,016 2,141 2,288 CITY TAXES $503.75 $570.59 $632.23 $941.50 62 CITY OF GEM LAKE, M Cats' Hall • 4&44 Offer Lake Road `=.. Geart Lake,'1IN 55110 F �: RESOLUTION NO.2015-25 17 NOVEMBER 20I5 A RESOLUTION ADOPTING THE. FINAL GF NERAL FUND BUDGET ANII FINAL AMOUNT TO BE RAISED 11tk' PROPERTY TAXATION FOR TH.E YEAR 20.16 %VII €tEAS,16 City Treasurer has presented a T ? AL (Nopnsed) qudget of S1,U31;062.GG which irtcludcs a 0eneral Tatz Lev} of S225.0?6.00 and a Dc:bi'fax Levy of S74,00D-00 for fiscal and calendar ►•ear 4016.hased upon best eisiimates of costs for running the C itv of 'Gem 14ke in, 2016;. and WHEREAS, the City C:ouilcil did resvim, an Iwu►•cuthcr 17, ?015, the TOTAL Budg.pt and Tws L y' f6r 2016 including all rcvislans 9hereto as of the, date. iimt written. NOW, THEREFORE BE IT RESOLVFD, final ilte City: Counc'sl of the C fty of Gera Lake floes formatly atlopi the 2016 Final .General 1`wd Budpa of &353,870,00 and the Final Prot'my Tax Le►°ycif S295,026.00 which inthides a General TIM Levy of S225,026.00 and a Debt Levi, af$70.000U 111 W201.6 as prelrarad bl y tltie City Treaemr and amended by the clay Council: 111,:1'I' F UIR11JER RESOLVED tltttt the City Clerk is uhargvd with Certifying said `[&i and. 0,ebt Lt y to Hang} .0 oanty Property T; Natiam and other aoiverame9t hadiEs fin whom tltts infortnation is rcquired, `rite Foregoing Rt solutiot; w.as offered 1'y' C ouncikir Lkidner and was svpportrd by Crst�neit�tr i . lc ra l6$ �Rttti was declrtrt-d w1vom�d NIV-d ttpt'tt Khe. tt%]IMVing VOtt:'. NAiw M. K �=l..lNDi\EI� TtC1J�l' � � ARTICn SWOMLEY Vote V Attest 1, W1[1]AM F. 5l ORI'. the sledy claalilit101y Clerk for the City of Gem. Lake, Couniy trf Rarnser . Stan ul-Nfinnesota. do, her-ohy cerciN- that thr fnrepin, Re.mla;uoa k a m£c and accurate representation of aeaim.takcen my the City C nu ir4 Hof the (11- oFC312m. 1.ak:v itita �he�iatc.f�i'sl iti�rlltt"4t, . WItLIANI 1. SB€(l1ZT. C:ity-C'la Y"0:4; fu,t u+ c:t titr .11'diltl l'.;d� li'ct si =t�i :etz�n.�]t : 63 GLOSSARY OF TERMS ACCOUNT: A term used to. identify an individual asset, iiabiliity, expenditure control, revenue control, or fund balance. ACCOUNTS PAYABLE: Amounts owed. to others for goods or services received. ACCOUNTS RECEIVABLE: Amounts due from others for goods furnished or services rendered. ACCOUNTING SYSTEM: The total set of records and procedures which are. used -to record, classify and report information on financial status and operations of an entity. ACCRUAL BASIS OF ACCOUNTING` The method of accounting under which revenues are recorded when they are earned and expenditures are recorded when. goods and. services are received. ACTIVITY: A specific and distinguishable line of work performed by one or more organizational components of a governmental unit for the purpose of accomplishing a function. for which the governmental unit is responsible. For example "Code Enforcement is an acti.vityperformed in the discharge of the "Public Safety" function. ADO.PTION:. The formal action .taken by the. Town Board to authorize or approvethe budget. Ad VALOREM: In proportion to value. A basis for levying taxes upon property. AGENCY FUND: A fund consisting of resources received and held by the governmental unit as an agent for others or other funds of the governmental unit. APPROPRIATION: An authorization granted by a. legislative body to make. expenditures and to incur obligations for specific purposes. An appropriation is limited in amount to the time it may be: expended. ASSESSED VALUATION: Value placed upon real estate or other property as a basis for levying taxes. ASSESSMENT.$: Charges made to parties for actual services or benefits received. .ASSETS: Property owned by a governmental unit, which }gas a monetary value. AUDIT: The examination af.documents, records,. reports; systems of internal control, accounting and financial procedures, and other evidence for one or more of the following purposes:. [a} To ascertain whether the statements prepared from the accounts. present fairly the financial position and the results of financial operations ofthe constituentfunds and balanced account groups of the governmental unit in accordance with generally accepted accounting principals applicable to governmental units and on a basis consistent with that of the preceding year. (b) To determine. the propriety, legality and mathematical accuracy of a governmental units financial transactions. (c) To. ascertain .whether all financial transactions have been properly recorded. (d) To ascertain :the stewardship of public officials who handle and are .responsible for the financial resources of a governmental .unit. 64 �. BALANCED BUDGET: A budget in which estimated revenues,. including operating transfers from other { funds equals estimated expenditures, including operating transfers to other funds. A balanced budget would have no effect on fund b@lancelfund equity. The. Township's policies require the General Fund budget to be balanced. BOND: A written. promise, generally under seal, to pay a specified sum of money, called the face value or principal amount, at a fixed time in the future, called the date of maturity, and carrying interest at a fixed rate, usually payable periodically. BONDED.INDEBTEDNESS: Outstanding debt by issues of bonds, which are repaid by ad valorem or other revenue. BUDGET: A plan of financial operation .embodying anestimate of proposed expenditures. for a.given period and the proposed means of financing them. BUDGET DOCUMENT: The official written statement prepared by the Clerk/Treasurer and. Finance Officer of the Township which presents the proposed budget to the Town Board. BUDGET BODY MESSAGE: A general discussion of the proposed budget presented in writing .as a part of the budget document. The budget message explains principal. budget issues aga'inst.the background of financial experience in recent years and presents: recommendations made by the Clerk/Treasurer. BUDGET GALENDAR: The schedule of key dates, which a government follows in the: preparation and adoption of the. budget. BUDGETARY CONTROL: The control or management of a governmental .unit.or enterprise in accordance with an approved budget for the purpose of keeping -expenditures. the limitation of available appropriations and available revenues. CAPITAL ASSETS: Assets with a value of $1,0W or more and a useful life of 3 years or longer. CAPITAL EXPENDITURE: Assets with an initial,. individual cost of more than $1,000 and an estimated useful life. in excess of three years. CAPITAL IMPROVEMENT BUDGET: A plan of proposed capital expenditures and a means of financing them. The capital budget is enacted as part of the complete annual budget... CAPITAL PROGRAM: A plan for capital expenditures. to be. incurred each. year over a fixed .period of years to. meet capital needs arising from the long=term work program or otherwise. It sets forth .each project or other contemplated expenditure in which the government is to have a part and. specifies the full resources estimated to be available to finance the projected expenditures. CAPITAL PROJECTS FUNDS: To account for financial resources to be used for the acquisition or construction of major. capital facilities. CASH BASIS: The method of accounting under which revenues are recorded when received in cash and expenditures. are recorded when paid. CERTIFIED LEVY: Total tax levy of a jurisdiction, which is certified to the County Auditor, CHARGES FOR SERVICES:. Charges for current services rendered.. fi5 CHART OF ACCOUNTS: The classification system used by a government entity to organize the accounting for various funds. CONSUMER PRICE INDEX (CPI)-. A.statistical description of price levels provided by the U.S. Department of Labor. The index is used as a measure of the increase in the cos# of living. (i-e., economic inflation). CONTINGENCY: Budget for expenditures. which cannot. be placed in departmental. budgets;. primarily due to uncertainty about the level or timing of expenditures when the budget is adopted. The contingency also serves as.a hedge against shortfalls in revenues or unexpected expenditures. CURRENT: A terra which; applied to budgeting and accounting, designates the operations of the present fiscal period as opposed to pastor future periods. DEBT:. An obligation resulting from the. borrowing of money or from the purchase of goods and services. DEBT LIMIT: The maximum amount of gross or net debt, which is legally permitted. DEBT MARGIN: The amount of available. debt; which may be issued by a governmental unit before reaching. its debt limit. DEBT SERVICE FUNDS; To account for the accumulation of resources for payment of general long-term debt.. DEPARTMENT: Basic organizational unit of government, responsible.. for carrying out related functions. DEPRECIATION: Expiration in the service life of capital assets attributable to. wear and tear,. deterioration, action of the physical elements, inadequacy or obsolescence, DISTINGUISHED BUDGET PRESENTATION AWARDS PROGRAM: A voluntary awards.program administered by the Government Finance. Officers Association to encourage governments to prepare effective budget documents. EFFECTIVE BUYING INCOME tEBlj: A statistical measure of buying power of an area or group of individuals. ENTERPRISE FUNDS.: To account for operations that are financed and operated in a manner :similar to a private business enterprises, where the intent of the governing body is that the. cost of providing services. are to be recovered primarily on a user -charge basis to the general public. ESTIMATED MARKET VALUE: Represents the selling price of a property if it were on the market, Estimated market value is converted .to tax capacity before property taxes are. levied. EXPENDITURE: Where accounts are kept on the accrual or modified accrual basis of accounting the cost of goods received or services rendered whether cash payment. have been made or not. Where accounts are kept on a cash basis; expenditures are recognized only when the cash payments for the above purposes are rnade. FINES:. Revenues from penalties imposed for.violation of laws or regulations, 0 FISCAL DISPARITIES: A Minnesota law enacted in t975 which provides for the pooling of 40 Percent -of all. new cornmercial and industrial property valuation in the seven county metropolitan area and then redistributed to taxing jurisdictions according to specifiic criteria. FISCAL POLICY: A government's policies with respect to revenues, spending, and debt management as these relate. to government. services prograrns and capital investment. Fiscal Policy provides an agreed -upon set of principles for the planning and programming of budgets and their funding.. FISCAL, YEAR: The budget and accounting year that begins on the first day of.January and ends on the last day of December of each year. FIXED ASSETS: Assets of a long-term character which are intended to. continue.to. be held or used, such as land, buildings, machinery, furniture, and other equipment. FULL, TIME EQUIVALENT.(FTE): The numberofemployee hours (2,080) needed to be equal to one full time.employee. Several part time employees may be combined to make one full time equivalent. FUNCTION: A group of related activities. aimed at accomplishing a major service or regulatory program for which the government unit is responsible: FUND: An independent fiscal and accounting entity with a self -balancing set of accounts recording cash andlor other resources together with all related liabilities, obligations, reserves, and equities which are segregated for the purpose of carrying on specific activities or attaining certain objectives. FUND BALANCE: The difference.between fund's assets and fund liabilities (the equity) in governmental funds, FUNb BALANCE - ASSIGNED: Segregation of a portion of fund balance to indicate the government's intent to use the resources for specific purposes where the specific purposes are identified .by either the.government's highest level of decision -making authority or a body or official that has been .delegated the authority todo so by the governing body. FUND BALANCE — COMMITTED: Segregation of a portion of fundbalance that represents resources whose use is subject to a legally binding constraint that. is imposed .by the government itself at its highest.levei of. decision=maki ng. authority and that remains legally binding unless removed in the same manner.. FUND BALANCE — NONSPENDABLE: Segregation of a portion of fund balance to indicate that the amount cannot be spent because the resources are. not in spendable form, such as inventories or prepaid items. FUND BALANCE — RESTRICTED: Segregation of a portion. of fund balance that. represents resources whose use is subject to externally enforceable .constraints: FUND BALANCE — UNASSIGNED: The difference between the total fund balance in a governmental find and Its. nonspendable; restricted,.committed., and assigned components. Only the general fund may report positive amounts of unassigned fund balance. GENERAL FUND: Accounts for the general operation of the -Township and all financial resources. except those to be accounted for in another fund. 67 GENERAL. GOVERNMENT; Expenditures, which represents a set of.accounts, to which are charged the expenditures for operating the Township.. GENERAL OBLIGATION BONDS: When a government pledges its full faith and credit to the .repayment of the bonds it issues, than those bonds are general obligation {GD} bonds. GOAL: A statement of broad direction, purpose.or intent based on the need of a community. A goal is general and timeless; that is; it is not concerned with a specific ach ieve ment in a given period. GOVERNMENTAL ACCOUNTING:. The compositeof analyzing, recording, summarizing, reporting, and interpreting the financial transactions of governmental units and agencies.. GOVERNMENTAL FUND TYPES: Funds used to account for the acquisition, use and balances of expendable financial resources and the related current liabilities- except those accounted for in proprietary funds and fiduciary funds, In essence, these funds are accounting. segregation of financial resources. Under current: GAAP, there are four governmental fund types -.general, special revenue debt service and capital projects, GRANT: A.contribution of assets by one governmental unit or other organization to another. Grants are usually made for specified purposes. HOMESTEAD AND AGRICULTURAL CREDIT (HACA): A form of state paid property tax relief for farm property and. owner occupied names. IMPROVEMENT.BONDS: Bonds payable from the proceeds of special assessments from properties benefiting from an improvement. IMPROVEMENTS: Buildings, other structures, and other attachments or annexations to land which are intended`.to remain so attached .or.annexed,.such as sidewalks, trees, drains, and sewers. INFLOW/INFILTRATION (III):. The term used to describe: clean water entering into the sanitary sewer system. INTERFUND TRANSFERS: Amounts transferred from one fund to.another. INFRASTRUCTURE: Assets which are immovable and of value only to the governmental unit (i.e. roads, gutters, sewer lines). INTERGOVERNMENTAL REVENUES: Revenues from other entitlement, or snared revenues. .governments in the farm of grants, INVESTMENTS: Securities held for the production of income in the form of interest. LEVY: (Verb) To impose. taxes, special assessments; or service charges for the support of governmental activities. (noun)The total amount of taxes special assessments, or service charges 'imposed by a governmental unit.. LICENSES: Revenues received from the sale of business and non -business licenses, LIMITED MARKET VALUE: The amount the market value of a property can increase frorn one year to the next for calculating property taxes, The firnited market value system} was phased -out by the Stale of Minnesota. 01 LINE ITEM: A specific item or group of similar items defined by detail in a unique account in the financial records. LOCAL. GOVERNMENT AID .(LGA): Intergovernmental revenue from the state to rnunicipafities to help fund general expenditures.. LONG-TERM DEBT: Debt with a maturity of more than one year after the date of issuance, MAINTENANCE: The upkeep of physical properties in condition for use or occupancy MARKET VALUE EXCLUSION (MVE): A. portion of a property's market value that Is not included in the. property tax calculation based on.a formula set by the State of Minnesota. This exclusion reduces. the taxable market value. MARKET VALUE HOMESTEAD CREDIT (MVHC]: State paid property tax reduction on owner occupied homes based on the properties market value. MISCELLANEOUS: Revenues or expenditures not classified in any other revenue or expenditure category. .MODIFIED. ACCRUAL BASIS; The basis of accounting under which expenditures other than accrued interest on general long-term debt are recorded at the time liabilities are incurred and revenues are recorded when received in cash except for material. and/or available revenues, which should be accrued to reflect properly the tax levied and revenue earned. NET POSITION -- GENERAL GOVERNMENT:. The difference between.general government asset and liability accounts reported in the government -wide financial statements. OBJECT OF EXPENDITURE: Expenditure classifications based upon the types or categories of goods and services purchased. OBJECTIVE: Desired output oriented accomplishments, which can be. measured and achieved within a given time frame. OPERATING BUDGET: A plan of financial operation embodying an estimate of proposed expenditures for the calendar year and the proposed means of financing them. OPERATING.EXPENISE: The. cost. for personnel., material and equipment required for a department to function, :OPERATING REVENUE: Funds that the government. receives as income to pay for ongoing operations. Operating revenues are :used to pay for day-to-day services. OPERATING TRANSFERS: Amounts transferred from one fund to another, shown as expenditure in. the originating fund and revenue1n the receiving fund. ORDINANCE: A formal legislative enactment by the.Tawn.Soarda PAY-AS-YOU-GO BASIS: A term used to describe a financial policy by which capital outlays are financed from current revenues rather than through borrowing. PERFORMANCE MEASURE. See Service Levels. PERSONAL SERVICES: Expen d itu res: for salaries, wages, and fringe benefits. of employees, PROGRAM: A group of related activities performed by on more organizational units for the purpose. of accomplishing a function for which the governmental unit is responsible. PROJECT:. A plan of work, job assignment, or task, PROPRIETARY ACCOUNTS: Those accounts which show actual financial position and operation, such as actual assets,, liabilities reserves, fund balances, revenues, and expenditures, as distinguished from budgetary accounts. PUBLIC SAFETY: To account.for expenditures related to the protection of persons and property. PUBLIC WORKS:. To account for expenditures for :the:maintenance of Township property and infrastructure, PURPOSE: A broad statement of the goals, in terms of meeting public service needs, that a department is organized to meet. REFUNDING BONDS: Bonds issued to retire.bonds already outstanding REIMBURSEMENT.: Cash. or other assets received as. a repayment of the cost of work or services performed or of other expenditures made. for or on behalf of another governmental unit or department or for an individual, firm, or corporation. RESERVE: An account which records a portion of the fund balance which must be segregated for some. future use and which is, therefore, not available for fu..rther appropriation or expenditure. RESOLUTION: A special or temporary order of a legislative body, an order of a legislative body requiring less legal formality than an ordinance or statute. RESOURCES:. The actual assets of a governmental unit, such as cash, plus contingent assets such as estimated revenues applying to the current fiscal year not accrued or collected, and bonds authorized and not issued.. REVENUE: The term designates an increase to.a funds assets which: f}.does not increase.a liability;. 2) does :not represent a repayment of an expenditure already made; 3) does not represent a cancellation of certain liabilities; and.4) does riot represent an. increase in contributed capital. REVENUE.BOND: A bond that is backed by a particular revenue source such as water user fees. SERVICE LEVELS: Data to determine how effective or efficient a program is. in achieving. its objective, SPECIAL ASSESSMENT: A compulsory levy made.by a local government against certain properties to defray part or all of the cost.of a specificimprovement or service which is presumed to be. of general benefit to the public and of special benefit to such properties. SPECIAL REVENUE FUND: To account for revenue derived from specific, revenue sources that are legally restricted for specific purposes. 70 SY: Abbreviation for square yard, which is. how sealcoating and street overlay projects are measured, TAXABLE MARKET VALUE: That, portion of a property's market value that is used to calculate .property taxes. TAX .CAPACITY: An amount determined by a percentage of.a property's market value, which is than applied to the tax rates of taxing jurisdictions affecting. the property to determine the amount of property taxes owed. The current tax rates and property classifications can be found on page 135. TAX CAPACITY RATE: Tax rate. applied to tax capacity .to .generate property tax revenue. The rate is obtained by dividing the property tax levy by the avaiiable tax capacity, TAX CLASSIFICATION RATE: Rate:at.which estimated market values are converted into the :property tax base. The classification rates are assigned to properties depending on their type (residential, commercial, farm, .etc.) and, in some cases there are two tiers of classification rates, with the rate increasing as the estimated market values increases. TAX INCREMENT FINANCING [TIF]: Financing tool originally intended. to combat,severe blight in areas, which would not be. redeveloped "but for" the availability. of government subsidies derived from locally generated property tax revenues. TAX LEVY: The total amount to be raised: by general property taxes for the purpose stated .in the. resolution certified to. the county auditor. TAX RATE: The amount applied to tax capacity to determine the taxes generated by the property. TAXES: Compulsory charges levied by a governmental unit for the purpose of financing services performed for the common.. benefit. TRUST AND AGENCY FUNDS: Funds used to account for assets held by a government in a trust capacity or as. an agent for individuals, private organizations, other governments and/or other funds. TRUST FUND: A fund consisting of resources received and held by the governmental unit as trustee, to be expended or invested.in accordance with the conditions of the trust. UNBALANCED BUDGET: A budget which undesignated fund balance or reserves are used in order to balance estimated revenues to estimated expenditures or expenses. UNRESERVED FUND BALANCE: The portion. of a fund's balance that is not restricted for a specific pwpose and is avail@ blee :for general appropriation: USER FEES: The payment.of a charge for direct receipt of a public.service by the party benefiting from the service, WORKLOAD INDICATOR: A unit of work to be done, 71 ACRONYMS A.CS Animal Control Services CAFR Comprehensive Annual Financial Report CD Certificate of Deposit UP Capital. Improvement. Plan CP CommercialPaper CPI Consumer Price Index HACA Homestead and Agricultural Credit Aid EBl Effective Buying Income. EDA Economic Development Authority EMV Estimated Market Value FHLB Federal Home Loan Bank FNMA Federal National Mortgage Association FTE Full Time Equivalent GAAP Generally Accepted Accounting Principals GASB Governmental Accounting Standards Board GFOA Government. Finance Officer's Association GO General Obligation 11I Inflow/Infiltration LGA Local Government Aid MCES Metropolitan Council. Environmental Services MVE Market Value. Exclusion MVHC Market Value Homestead Credit SAC Sewer Availability Charge SY Square Yard T1F Tax Increment Financing TVA Tennessee Valley Authority VLAWMO. Vadnais Lake -Area Water Management -Organization WAG Water Availability Charge WBLCD White Bear Lake Conservation District 72