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2019 Adppted Budget
goi Adopted By City Council 11/20/2018 Table of Contents How to Read the Budget.............. 1 Budget Message......... ........ ......... o ............ ............... 2 Fund Structure and Basis of Budgeting ......................... 3 BudgetSummary ......................................................... 5 GeneralFund.................................................:........... 7 Special Revenue Funds :....::...................................... 29 Debt Service Funds 33 ............................................. . Capital Improvement Funds ........................................ 45 Enterprise Funds.......... i .................. .......... : .................. 55 Appendix.... ................................................................ 63 Glossaryof Terms .............................. 4...... :... 4......... :..70 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 C4'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 S,ummariies 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 all departments. 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 giossary of terms. City Council Members, Citizens and Others: If is my privilege to present the 2019 budget for the City of Gem Lake. This budget, as adopted by the City Council identifies how the City resources will be spent in 2019- This budget is the Citys financial management plan and has been designed to be responsive to public service demands and for carrying out services over the coming year. The 2019 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 budgetin the most open and straightforward manner possible, which will allow consistent and careful management of all resources. The City continually faces many challenges, which 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 include& expenditures to funds to hire a building/development inspector to ensure city codes are followed. Also for 2019, the City has included increases to both the police. and fire budgets and a contingency budget of $10,000. $301250 is: budgeted for the construction of a sidewalk or pathway along County Road E for pedestrian safety. The ice and. Snow Removal budget was increased to reflect past expenditure levels. Finally, $20,000 is being budgeted to fund future capital projects in the City. On the revenue side, the largest revenue source is property taxes; which make up almost 84.1 % of total revenues for the City. The 2419 property tax levy is increased 7.24% and the City's tax capacity also increase 3.4%, which results in a tax rate of 39.614% compared to 39.335% in 2018.. Based on this most residents would. see an increase in their City property tax bills from 2018 to 2019. As 2019 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: Noy sincere thanks are extended document: to the City Council for their time and effort in the preparation of this. Respectfully, Tom Kelly City Treasurer FUND STRUCTURE AND BUDGET BASIS The financial structure of City of Gem 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 activities 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 an 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 fora government's "fiduciary activities." The City currently does not operate any fiduciary activities.. Governmental Fund types are used to.account for governmental -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: can. only be one General Fund. Special Revenue Funds are used to account for 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 for 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 forthe payment of interest and principal on general and special obligation debts other than debt issued for and serviced by a govemrtiental 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 Enterprise Funds are the Sewer and Water Operating .Funds. These funds are used to account forthe acquisition, operation and maintenance of these facilities and services, which are. entirely or predominantly self -supported, by user charges. The operations of the Seiner and Water Operating Funds are accounted for in such a manner as to show a profit or lass 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 41 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 collectible within the current period. or soon enough thereafter to be used to pay liabilities of the current period. Expenditures are recognized in the period in which the fund .liabiiity is incurred, except for unmatu red 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 are recognized in he 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 (CAi"R) 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 adapted .no later than September 301h of each year. Once adopted the preliminarylevy 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 may be 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 approval can an activity be overspent and only if funding is available. However, the property tax levy cannot be amended. 4 2019 BUDGET SUMMARY BUDGET SUM MARY BY FUND TYPE REVENUE BUDGET 11/20/2018 11/20/2018 2016 2017 2018 11/30/18 2019 % ACCOUNT DESCRIPTION ACTUAL ACTUAL ADOPTED ACTUAL ADOPTED CHANGE GENERAL FUND $295,521 $466,819 $423,247 $494,006 $470,773 11.23% SPECIAL REVENUE FUNDS 410 253 475 230 475 0.00% DEBT SERVICE FUNDS 85,158 76,796 86,104 101,390 79,871 -7.24% CAPITAL IMPROVEMENT FUNDS 61,936 35,388 79,270 802,270 60,050 -24.25% ENTERPRISE FUNDS 47,868 51,725 47,710 45,974 54,930 15.13% TOTAL REVENUES $490,893 $630,981 $636,806 $1,443,870 $666,099 4.60% DCPENDITURE BUDGET GENERAL FUND $342,460 $360,300 $423,247 $385,048 $470,773 11.23% SPECIAL REVENUE FUNDS 0 0 0 0 0 0.00% DEBT SERVICE FUNDS 780,421 78,089 76,305 138.642 105,434 38.17% CAPITAL INIPROVENENT FUNDS 323,988 19,965 0 592,427 0 562.00% ENTERPRISE FUNDS 41,260 47,341 70,525 34,026 68,625 -2.69% TOTAL EXPENDITURES $1,488,129 $505,695 $570,077 $1.150,143 $644,832 13.11% FUND BALANCE - JANUARY 1 $1,543,891 $559,112 $684,398 $684,398 $978,125 EXCESS REVENUE OVER EXPENDITURES ($997,236) $125,286 $66,729 $293,727 $21,267 INFRASTRUCTURE CHANGES $12,457 $0 $12,500 $0 $12,500 FUND BALANCE -DECEMBER31 $559,112 $684,398 $763,627 $978,125 $1,011,892 32.51% 2019 ADOPTED REVENUES BY FUND TYPE ENTERPRISE FUNDS 840 CAP IT IMPROVEMENT FUNDS 9`16 5 GENERAL FUND /-71°i0 SPECIAL REVENUE FUNDS 0% DEBT SERVICE FUNDS 12% 2019 ADOPTED BUDGETED EXPENDITURES BY FUND TYPE Enterprise Funds Capital 10.6% Improvement Funds 0% Debt Service Funds 16.4% Special Revenue Funds 0% (� General Fund 73.0% GENERAL FUND SUMMARY FUND DESCRIPTION: The General Fund accounts 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 2019. The 2019 General Fund budget of $470,773 is an 11.23% increase over the City's 2018 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 10 also shows this information numerically. PUBLIC WORKS, $73,450.� PUBLIC SAFTEY, $133,394 2019 Expenditures By Department 1 OPERATING TRANSFERS, $20,000 I GENERAL GOVERNMENT, $243,929 Q 2019 REVENUES BY CLASSIFICATION LICENSES & PERMITS 7.00% INTERGOVERNMENTAL REVENUES 6.19% CHARGES FOR SERVICES 0.81 % FINES & FORFEITS PROPERTY TAXES 0.42% 84.11% 1AISCELLANEOUS 1.47°,a GBOtAL FUND BLOW SLMMARY 13YACTIVITY 11/20/2018; 112012018 2016 i 2017 2018 2019 % REVrmNUES BY CLASS[FrATioN ACTUAL ACTUAL ADOPT ACTUAL ADOPTED CHANGE PROPERTY TAXES $359,657 $369,252. $384,303 $395,988 7.24%. LICENSES & PERMITS 44.327 31= - 41,669 3-495D WERGOVERf"WAL FEVENLIES 9,796 i 16 G19 8.500 9,982 29,135 242.76% CHARGES FOR SERVM 7.156 4394 i U00 02.825.i A800 - 0.00%. F14M & FOFiiiT�-* 4 1,072 30000 -2,000 -33-33%. MMMLANEOU.9 20,383) 6,750 7,495 4,902 6,900 -7.94%! !TOTALREVR4m $295,521 $466,819 $423,247. $494,006 $470,773 11.23% 1 ay DEPARTmENr. EXPENDIT.U.z. arY COUNCIL GENERAL GOVEWMW IEGAL SERVICES. ELECTIONS FINANCIA L A DMINStWWN PLANNING & ZONING LILOrrA fl-c LjA a i TOTAL GENERAL. GOVERNMENT SAFETY .,POLICE FIRE PROTECTION ANIMAL CONTROL BUILDING NSPECTIONS 'TOTAL PUBLIC SAFETY 1.1:�PERA..r1i'l6i.mNSFER . S - ;TOTAL OPERATNG TRANSFERS TOTAL EKPENDrrURES RIND BALANCE - JANLAARY 1 B(CESS FG/ENLIEOVER-EXPE FLINDRALANCE- DKEMBER", $10,783 1 $9.574 55,681 531060 s0.8.95 59,823 42,955 28, 4Z500 .3t;339 1 6.1506 9032 F 35,135 .8,850 35,550 .5,093 40,741 26.846- 58..053 88,050 10073; 24.274 20,068. i A. 25,850 -A $208,103 1 $270,197 1 106,5281 1b4.75o 84,100' 661429 ........... . 13, 054 16,497 0 14,235 12.115 15,000 $134,=* V3.3;*362 3,870 61, 19,367 12.618 21= $23,237 $18,835 i $36,300 0 0 20,000 $0 $20,000 $342,460 $360,300 $423,247 T $260.189 9.!k.l -22I013 i -20pl*oo0 i $20AG WOO i 3.77i! 4215W 0.00%1 10,650 20,34% 42 oo 1 18.101 28,575 1- 0-. -5 4 0/6 J 73,400. .0 0.00%1 150.4kl 033,394', 37.87%; 15.700* * 3**.* 9- 7** .30A0 s 0.00%; $73ASO uuu j U.uv7b' 773 1 . 123%; W13080 i tql Q 7AQ G;A" -J;h* $106,519 $0 $100.908 lo $319,769 $319.70!; W8,727 1 3428.727 34.07% 10 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 costs of services provided and charge appropriately for them. BUDGET SUMMARY: The property tax.system is described in more detail beginning on page 58. The City's net taxable tax capacity.has increased. to $1,166,544 for taxes payable in 2019. This is an increase of 3.42%. The City's General. Fund property tax levy for 2019 will be $395,988. Because of these two factors and the $78,601 debt levy, the 2019 tax rate for the City will be 39.667%. compared with 39.335% in 2018 and 40.794% in 2017.. All other 2019 City revenue .sources were adjusted. slightly or. remained at the 2018 budget amounts based on. actual past or anticipate amounts in .2018. REVENUE LEVELS: Tax Rate Net Taxable Tax Capacity 2016. 2017. ACTUAL. ACTUAL 29.524% 40.794% 977,703 1,051,625 2018 2019 ACTUAL ESTIMATED 39.335% 39.667% 1,128,008 1,166,544 11 BUDGET: ACCT., ; ACCOUNT OESCPJPTJON 2016.2017 2018 11/.301_2018 20-1-9- OTUAL I ACTUAL i .ADOPTED ACTUAL ADOPTED i CHA .. WE pRoPERTY TAXES ,.31001 ;CURRENT TAXES ;�21 7 22 . ..... . ( $353,073 $359.299$ 8.26.91 30J. 5 1, 3 002 DELNQI� TAXES. 1,952 9.334 0, 3 F Is CA, L -D IS- PA RfT I ES 4,788 9,953 4,921 1 31004! PENALTIES & INTEREST - . .... ..... 378 o ().00%: TT0TAL.F.ROPS.:t_1...Y TAX.ElS. S223.118 $359,657 $360,252 $384,303 7.24%' . ....... . .... . 1(30111]�L BUSINESS' 2,800 1.200* - O�O .32101 ON VSoo 5,50C .1,200- 0.00-1.4 -SA LE LIQUOR LICA311SES 1 7,400 32102: OFF SALE LIQUOR LICENSE•• 200•• 200 20',] .2QO `NONLINTOX)CATING LIQUOR 5.321.03 0 . - I .. .. I a 1 321104 ;OTHER PEFuATs _0.00% IA43 132106: TOBACCO200 200 LICENSE :166�sj � 1 o 06-�� 32107: CliA RITABLE GA KMLING 500 6-6 _.. .b()O 1 0.1 32201 CONTRACTOR MENSE. 1,500 2,160 1,20D -• ().00%; .-322l0.:BUILDING PE.pm. S 10,988 12,715 10,000 24.681 20.00% 2211, R-UMBI]NG PEPMR-S 789 1.660 1.000 i 3,155 60,00% 32212.'GAS/HEATING PERMITS 2,025 . 2.420 2,000 2, 0.00%, 32213 ELECTRICAL PERm1.144 rrs l..l 25 - - .. ..... w 1,100 32215 NPDES PERMIT•100 100 . . ......... 200 1 ac) 700 100 . 0.00%, ...... . ....... -EE 421 8,956 - %-- 32218'FREhVkRSH,dkLL NSPEBM-ONP .. . ........ .j .. ••2.4100 32219; SEPTIC INSPECTIO FEE - C 2,310 232 3,00 iY2235 EVVERCONTRACTORLICIENSE ..... . 150 310 405 0 2a.00*A . ...... ..... . . T.. RENTAL LICENSING 0 .100 1QD am 0 . so -0 322 I--._..... 4 , o'A "MAL CONTOL LIRCENSE 10 16 60.0096 L LICENSES & PERMITS $44�227 $31.2130 . ........ . INTERG0VEFZNkffl3'JTAL MIMMM 33401 j LGA W 27 13 33402 HACA _ .? . . _. 15 10. 0 : 0 r F 0 0 0.00% 33430; COUNTY GRANTS & 75,125. 33601 i SCORE GRANT 0 1.005 5 133603; POLICE STATE AID 3,2" 3.284 X33;000 s 3--36.02:..B-LETVFRANCHISEE EFSi46 .S.E.E..g 6 6,989 5.500 !- .- i CA .. ... - ; . . 1 0 6.000 33604! OTHER GOVERNMENT AEG AND.GMNTI' 0 5,328 01 5.000 :TOTAL INTEIRGOV. REVENUES ............ ... $29,135 .2426.76%) . .. .... . ........ :CHARGES FOR SERVICES .. 32220 j SURCHARGE/SA C RETA INA GE Sol ------ 5 1,250 9 00 ...... . . .......... 33.334A' 223 0 A DMNISTRA TPV E CHA RGES. ...... .. ..... . ......... . . ...... . . .... . 5 0 o 3.685 0� 0.00%, 34105 PLANNING CHARGES .... .... .. . . . . .. ........ ....... 31.622 500 15,685 i 566 1 6, ifi 34110 PLA N CHECK FEES c , - 01-1 4,958 6,153 -5 ......... . ........ 9,329 3,000 0-000/6. FALSEALAPA4S .... .... .. .60 0 0 0 ... .......... 4120: SALE OF SUPPLIES 0 0 i 0 0 0.00%, L A-,SS-E,SS-M,3-4,-T,-"S"E,A**R*C*H'*E-*S* 0 ..... .. . _.. _ ....... . ... ... .... .. . 1...___....._.._1. 0 1 o.0 34122 ENGINEERING CHARGES 0 .0 ES 0 . 00%: 1341261;CHARGES FOR LEGAL FMS 0 39 " 0 0 i 0.� .. TR..... ATWECI44RGE: . .0 225 0 7 1 1 200 10.00 111 34135 CONTRACTUAL SERVICES 0 0 0.00%i TOTAL CFLARGESFO 6 ...$38,394 $3,860 $52.825 $3.600 0.00-xil 3. ..�FINES &FORFEITS 35100; TRAFFIC & OTHER FINES TOTAL FINES & FORFEITS 3,211 7i072 1 &.000 1.145 -33,33%!z $3.211 $1.072 1 =,060 - %I . ......... $1.145 MISCELLANEOUS REVENUES 1 36210! INTEREST EARNINGS• �,�6231 Ii701 W9 1,995 1.498 2.OW C�-KRFrABL,EGAN'SLINGCONTPJSUnolg •0 . ... .. b 0 0 of . .. - ... .. 36241 INSURANCE POLICY DWIDENDS 1,245 . 297 5co o 0.00%, 36200. MISCELLANEOUS. ..12 1,736 2.000 aBs 36400. FACILITY RENTAL i... . . ... ... .- . ................... . ,555 .. . .. ....4.... 3.848 3.000 2,519 3w= 39100: BOND PROCEEDS 0 o 0 39200:TPANSFERS- IN 0" 0 0 .0 if 0.1 TOTAL MISCr =LLANEOUS i $20.383 $7,49.5 TQT^L 1P6NS:k.A L. FUND Rev IzmUEB $295,521 -5423, 247: 12 CITY COUNCIL GENERAL FUND ACTIVITY DE RIPTI • • 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 2018 is the $10,000 being budgeted for Council Contingency in case something unforeseen comes up during the year that the City want to spend money on. .BUDGET D�a�r>M err 41100 fs.........._.............._.... ACCT......._.._ .... ._._..__�. :............:......... ..... ............. . # _...._ ._.._.. ___ :ACCOUNT DESMP ION PERSONNEL SERVICES 100 WAGES &.SALARIES ' F10A coNTRIBnoNS :TOTAL PERSONNEL SERVICES I _ , OTHER SERVICES & C! fARGES 3 ••300 ' PROFESSIONAL SERVICES. [[ '308 ADMNISTRA"* i r 310 . CONFERENCE REGISTRAT] ON.FBM 333 ' NE7=ilNG EXPENSES 364 OTHER INSURANCE i ! 449 COUNCIL CONTINGENCY TOTAL OTHER SERVICES & CHARGES t... ... ` �.._............. ... _........ .... _...._v..;. TOTAL CfTY•COUNCIL ; 11121 /2017 ....,_._..............._...._... �....... ................... .....__ 2016 2017 2018 1'1/ ACTUAL ; ACTUAL ; ADOPI.M AC 15$. 1.749 0 0 1112012018 y(° � 574 ; 390 074. -Q.04%-1 $7,464 $8,074 ` $5.4001 w $4,074 0110% t 0. 0 0 0 V M 0.00% i 2,072 : 1,500 ; 191 Z000 0 0 0 O f a 0; 0.00%, _....... w..... 75 ! Q _.... 0 10,000 j 0.00% $1.719 j $2.147 $1,500 $191 ! $12,000 ; 700.000/6 t $10;783 $9,671$5.641 ( VOA74 € •109.6796� •13 Clerk/General Government General Fund ACTIVITY DESCRIPTION: The Clerk/General 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: Prompt publication of meeting minutes,. ordinances, and legal notices_ Provide support for agencies, which provide service needs within the City. BUDGET COMMENTARY: Most line items adjusted based on current and .past expenditure levels. Personnel Services decreased to reflect. shorter lousiness hours. 14 BUDGET: DEPARTMENT 41900 AOCT. # ACCOUNT DESCRIPTION 2016 ACTUAL 2017 ACTUAL 11/20/2018 2018 ADOPTED 11/30/18 ACTUAL 11/20/2018 2019 ADOPTED % CHANGE PERSONNEL SERVICES 100 130 131 135 150 WAGES & SALARIES TEMPORARY ETVPLOYEES FICA CONTRBUTIONS PERA OONTRIBUTIONS HEALTH INSURANCE WORKER'S COMPENSATION $27,041 0 282 0 0 193 $23,970 0 1,869 0 0 301 $32,000 0 2,448 0 0 350 $22,455 0 154 0 0 327 $28,500 0 2,180 0 0 350 -10.94% 0.00% -10.94% 0.00% 0.00% 0.00% TOTAL PERSONNEL SERVICES $27,516 $26,140 $34,798 $22,936 $31,030 -10.83% SUPPLIES 200 212 250 OFFICE SUPPLIES POSTAGE SALES TAX 1,264 1,130 0 2,031 1,206 0 1,300 1,200 0 1,460 932 0 2,000 1,400 0 53.85% 16.67% 0.00% TOTAL SUPPLIES $2,394 $3.237 $2,500 $2,392 $3,400 36,00% OTHER SERVICES & CHARGES 300 305 308 309 310 320 322 331 332 334 346 350 351 352 361 362 363 365 384 434 435 436 440 450 PROFESSIONAL SERVICES ADMINISTRATION PROFESSIONAL SERVICES MSCELLANEOUS CONFERENCE REGISTRATION FEES INTERNET CONNECTION WEB SITE MILEAGE RECORDING SECRETARY COMPUTER SERVICES MARKETING & ADVERTISING PRINTING - OTHER LEGAL NOTICES NEWSLETTEWPUBLICRELATIONS GENERAL LIABILITY INSURANCE PROPERTY INSURANCE VEHICLE INSURANCE PUBLIC OFFICIALS LIABILITY INSURANCE RECYCLING COLLECTION VLAWMO LMC RCLLG DUES & SUBSCRIPTIONS CHARITABLE GAMBLING DISTRIBUTIONS TOTAL OTHER SERVICES&CHARGES 2,929 424 0 69 0 0 784 125 0 4,389 0 0 2,338 1,975 1,246 0 75 114 8,546 0 175 0 0 $23,150 4,500 90 0 29 0 0 767 51 0 3,345 0 0 659 1,737 1,368 0 75 139 7,982 0 601 175 0 0 $21,518 0 700 0 0 0 0 950 175 0 3,225 0 0 1,000 2,500 2,750 0 75 150 10,000 0 750 200 50 0 $22,525 0 631 0 0 0 646 72 0 4,090 0 0 781 2,125 1,307 0 19 37 7,391 0 635 0 0 0 $17,627 3,000 700 0 100 0 0 1,000 150 0 4,450 0 0 1,000 2,500 3,500 0 100 150 10,000 0 750 200 50 0 S27,650 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 5.26% -14.29% 0.00% 37.98% 0.00% 0.00% 0.00% 0.00% 27.27% 0.00% 33.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 22.75% CAPITAL OUTLAY 570 580 FURNITURE & OFFICE EQUIPMENT OTHER EQUIPMENT/IM'ROVEM NTS 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% TOTAL CAPITAL OUTLAY $0 SO $0 $0 $0 0.00% TOTAL CLERK/GENERAL GOVERNMENT $53,060 $50,895 $59,823 $42,955 S62,080 3.77% 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 ordinances, resolutions, contracts, and agreements, and the conduct of civil litigation. GOALS: 1. Continue contracting for legal counsel. BUDGET COMMENTARY: The 201.9 budget is based on contract cost of current legal counsel and anticipated use orneed.of legal counsel in 2019. BUDGET: ;DEPARTMENT 41600 ACCT. # rAOCOUNrDESCRIPTION OTHER SERVICES & CHARM 300 `PROFESSIONAL SERVICES 303 PROSEDJTK)N" " 304 LEGAL SERVICES 305 . LEGAL SERVICES"- LAND ISsM. '• 309 : MISCELLANEbW 317 : LEGAL - ANNEYATUq T.OTAL.QTHM I ERVCB a CMR )TOTAL'IMAL SMVKX S s 2018 ; UAL f 0) 7,12p• t 29,78¢ •3;430 QI 01 11120=18 { 711201Z0[8 .2017 2018 1i130J18. 2019 % ,C`141AL •AD60iib ; AGML j ADOPrM CHi-k { 0.I ... bi 0 o�. 020096 t { 4,5%., 2.600 law S.OQD # 100AM., 33,736. 30,000 i 20,874•1j .27.4M j -8:43% 6,975 ; VON 12.527 i 10;000• p, 0 0< Q; 0 I 0.00% a i o zeea 01 OM%` 525,308• $42,600 t $37AP 7. %42,560 ! 0.00 I $25,309 $42,500 $37.,339 '. $42,500 , O.Op'N,t 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 MMENTARY-- 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 •Olty having flat election costs even. though there are years with (even years) and without (odd years) general. elee ions. BUDGET`: DE PART MIM 41410 11/20=18 ; 11/20/2018 LAC_.T. ; 2018 2017' 2018 ; 11/30/18 i 2019 ....... _ __...._.....,..._......._ # ACCOUNT DESCRUMM. AC1iEAL AERIAL j •ADOPISI. .ACTUAL i�i4pOIPrED + (2-IAE1 � PE33SOMVB.•3EFtVlf�• 100 WAGES & OALARES $0 $Q° L 105 . TfPORARY HVIPLCY� 0 0._. 130 ;FICA CONTR1BUilONS 0 0 0 ;—__—,—_ -_.__._... �.... _ _ �,I _ . 0 0 0.00%: 180 � WORKERS COMP 7 1 a 0__�.�_.__o a.00°i°- TOTAL, FERSONNEL SERVIM ... .... .. ......_._.... _......... _ . .. ....... 110% 0 SUPPLIES -- r. 210 OPEPATNG SUPPLIES -124 0-�--... ....... �.�. Ti" 0.0 .212 cPOSTAGE •-• _....--._.._---— -6 0%� .000 250 •SACETAX i 0 0 0 • TOTAL%SLPPLRB �i121 i { .. ... .. .�.....__._ ._ _ 1. .. ... .. t__. ... .. .. .. .... ... .. ... ... _ OTHER SERV ICES8{i:iAl�aE'B . s 308 !AOM9NISTR4TK}N _. ._ . ...--- - _ a_ _.... _ 308 'PROFESSIONALSE3WK - — — - _.. _ ....�__...._..._.._..� t 339 IWLFAGE NE7U5............... _,_... 8,587 _ .._.. _ .............- t 8,000 3,882' f0, 25.0 • 9 14 MOW 350 :OTHERPPJNT _..- _.._.._._... _. Y 0 _ • .o t o • a.ao°i°< G 351 'LEGAL NOTMS 3i1 88 •800 ; 78 100 66.67% -a Ballot Mtachine } 0 00 I _... -r.... ;. _.. .. ... 400 REPAPJJ* E�fTt3dANC •E3 IEPAI�ET I i i _........... _. _ .; ...._ 0 0 , 0 560 s B$5 550 TOTAL OTHER SERVICES 8 CHARGES 56;03$ i i9,Q32 SB.iO S4fi9 ; Si0,66o ; 20.34?S! I I w._ TOTAL ELECTIONS SR 1_+iR• E - to nab k Ito neri ice nna 17 Financial Administration General Fund ACTIVITY DESCRIPTION: Financial administration is provided through a contract with White.BearTownshlp. 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. .ac countiing 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 2019 reflect past expenditure levels. BUDGET..' __._._....._....__.... .. _ oEPARfM41500 .4...... .......... EW 41500 _...... _....�� 1s ACCV 2016 t ._..... ...........................................8 _.._ ........._... 201T i !p►CCOUM daCRl'fION i ACTUAL j ACTUAL ;'ADOPT® EgRR �UVEL SERVICES 11 J30118 2019 ACTUAL ADOPTED i CHANGE- 4 ? ( OI 0 0 0.00�0; o = so $o So $o ' 0.M 1 0 0 o a 0 0.00%, 10.850, 10,900 9,800 .: 8,300. ; 12 00D :s 22.45%: 23,625 ; 24,134 25.000 30,693 1,267 + 101. 750 ! 1,748 ' 2,000 166.67%: 0, 0i 0 0` Qi 0,00%t $36,749 _. . - _...__._ v.. - •• •'$35,136 $36,550 $40,741 j $42:000 78.14%j ' 'TOTAL FINA NCiAL ADNOMTRA7DN t J42 ; 536,135X $35,550 __. $42,000., 1& 1$ Planning & Zoning General Fund ACTIVITY DESCRIPTION: This department provides 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: 1. Implementation of comprehensive plan objectives. BUDGET COMMENTARY: Administration and Engineering Services increased based on past expenditure history. In 2018, the City will review and file with the State its storm water maR g6mant plan (MS4) which will require some use of an outside consultant and the City will complete ifs work, pin the State required comprehensive. plan update, which began in 2017. For these reasons, the budget is decreasing $50,000. .BUDGET: _.._. ... ..- ............_. DEPARTMENT41910 _ s-- _ _--....... _....._. .w._ .._._... --- _. rzazo j A CCT.: 2016 } . ....2017 1 2018 i .. _ 8 jii 11120120 S i # ACCOUNTDESCRIPTION ACTUAL ACTUAL ! ADOPTED A"- L ADOFnn GFWNGE• ; t :OTHER SERVICES & CHARGES I _ 1 i 300 PROFESSIONAL SERVICES._.. 1,078 ...................... _.-..........._ _.........._......._.. 00% :...:....... ............... _._....... ... _ . 308 ADiv1WISTRATi�1 5,282 < 1.5211 _......_.. _ 776 0 , b. ........._.. •• 9,022 4,500 I-0.00°0? 302 FJdGWEFRB�K' SD3VICFS 17,240 ` 20,T23 2,000 78,958 20;000 §-13.04% ........_.......... ...._..._._.... _.._....._.._._ __...._... 309 MISCELLANEOUS .. ..._. .—. ._._ ..._...... ..........._._ _ __ _ 0 0 0% 315 ZONNG ADAANISTRATION 0 _.._...._ .-....... ...v. ._._. _.... s 325 NPDES TRA Nl1NG 0 t 0 0 0:00% _.. _ i 326 NPDES EDUCATION .. 327 MS4 REPORTING ....TING 48 000 -- _ ... ...... ..... — ...._ _.. - 00% 332 RECORDING SEOF2ErARY 3 0 Q{ 0 s 0.] a 0.00Io, 348. COMP. PLAN UPDATE ............ _ ......{ .... .. . }...._._._ .:....._..._.._.._:._._...._..,..._.___�._ .... _.._�., -...._ �. 32,017 { 50;000 ! 13,06 5000-90.D0°/° 433 'DUES & SUBSCRIPTIONS 0 { I 0.. 'TOTAL OTHM SWICM $r CHP.►RM , - .,_... i .............. 5�,848 � S58;053 f 588050 ! $103,073 .... ... ......... ...... .... .... _................ .7 CAPITAL OUTLAY -- - - ...... . . 570 FURI�TURE& OFFICEEPMAE T r ff Q! 0; 0 0. 0.009G i ;TOTAL.C�RrAL OUTLAY SO + . SO } $0 '+. S0. 0.00961 {. _ ._ ....._.............. _.._. _ , ..... t { I TOTAL. FLA)004G & ZONW ;<i'28,846 t •558,053 '> S88.050 ! $1.0%073 { $38.050. 56.79%. 19 Heritage Hall General Fund ACTIVITY DESCRIPTION: The activity for this department is to provide for the operation and maintenance of the City offices/meeting facility GOALS: 1. Maintain a reputable facility to house meetings,.mayor's office and a sub -station for the Ramsey County Sheriff Department, BUDGET COMMENTARY: Line items adjusted to reflect past expenditure activity, U� DGET: 'DEPARTMENT 41940 _.�..... .... v.j... �_._...._..f..... �_._.. . �... . _ ._................... : 11..._.. _. _._.... �...........: l20/Y0 11I20f20'8 ACCT.' 2018 2617 20181$ 11/30118 2Q19% ••_. __._..._._ _... s # ACCOUNT DESORPTION Al - ACTUAL ADOPTED ACTUAL ADOPTED CHANGE SUPPLIES ' . 205 CLEANING SUPPLIES l .. .. ............................... _ .._......_....._.. _ .....% _o a D o0 -210 ' OPETt4TBJG SUPPLIES -OTHER ,• 0 285 .'• 0 800 ` 171 %' 230 BUILDING MATERIALS .�.... `..... __ .... w _ ...... 0 ; 0. 0 0 0 0.00%. .-. 250 :SALES TAx 0 0. 0 0± Os 0.00%; DOTAL SUPPLIES 5285 5600 . $171 0 { OTHER SERVICES 5, 300 ;PROFESSIONAL.SERVICES - s -..0% 309 CONTRACT SERV ICES — - ...._ ...._._ _...... __. __ I ........... ...... _..:.............. ...__...._... 3,016 :2,888 j 3,500 ; 2,622 ; 4,000 94.z9%°: ... 321 TELEPHONE 2`000 �... '1,384 ................2.200 .._......_...._. . 362 'PROPERTY INSUWINCE _ _..�._ ......-.__ .. B64 714 800 1,06q 381 'ELECTRICITY- — j 383...;GAS......._......._._........_._... rM..__.._. _ _ .. ... _ �...... _ 4,067._ ..�_........-604 •--...a_00% .,4,5;l6 •4G4TL , 6�000 5; _ i...._.....; — — 1,125 1,109 ,500 631 j 1,500 i �0.00%' 385 : WATFRl5E1NFR LITLI IES..._............ _ j --._..._...... . 400 REPAIRI.MAINTENANCE- OTHER 516 �.. .550M 372 .... � 4.55% 1, S87 1,768 � 3,000 0.04% 401 "REPAIRIMAINTENANCE- BUILDINGS $, 3..935 •g�flpp I ..... .............. sas I 6;000 0.00% TOTAL OTHER SE2VM & CHARGES ij29,9� I S20L068 i0 { 4 i ..._..... .:_.... ......._............................. :.. (. S25. , $13,6� 528,075 CAPITAL. OUTLAY _ .. _ .. _ �.... _._....... _r ._....._..- -..... _ __ ... _ w. _._... ....... _. If 520 .BUILDINGIMPROVENIETITS. € •. 580 OTHER E-QUIPKMMJ I - A —. •__4 _ .. Q 0.009L __... , _,. ..... ... v:ROV E3VANiS 0 0 r _ 0, • I TOTAL CAR TAL DUTLAY S So• :so f TOTAL FBWAOEiiALL • •• 52.4�74 , .520,068 j 525,850• r S1.3,785 � 528,575 a 10.54°% v 20 Police General Fund ACTIVITY DESCRIPTION: Beginning. in 2018, the City of Gem Lake will contract with the City of White Bear Lake's Police Department to provide law enforcement services for the City. As part of the contract, they will serve and protect the City as well as provide public education programs and services to the residents. GOALS: 1. Provide effective law enforcement service to the City. BUDGET CO MENT RY: The 2019 budget is based on the. contracted budget amount provided by the City of White Bear Lake's- Police Department. Prior expenditures are from the Ramsey County Sheriff's Department -who the City contracted'with through 2017. BUDGET: - .... rnEPARrus T421Q0....__.�.....�......._ ' ... _.......... ACCT. ?A18 I.. # ACCOUNT DESCRPTION ACTFJAL 07i THE SERV CES & cg4RGEs - - -- - - _......_ 11120/2018 1112012018 2017 201 a 11/30/18 2019 ........:................ _._.._....... . ACTUAL. ; ADOPrEp ACTUAL ADOPT® __.....__....� ... i 305 'REGULARLAWENFORC91►E3Jr _. �...._........ __........ 96,063 .......... ........ _. 95,0131T 306 SPECIAL LAW ENFORCEVE4T 6,352 ; 6;997 . 0 347 DISPATCH COSTS v...:-......._...__..._............._..................__....... 2,741 i .2,615 •': U 08 .ADIv1INISTRATIDN _.... ........... 317. .... ............ _....125 S .... - 3b0' 349 MISCELLANEOUS 55 0 0 I TOTAL OTHER SERVICES.B,CI-IARGE$ 1 $JMM'-. $104;750 j .. $$4,100 .. __..._.:... _...... _ ......_........ ........... .................._. _ .� ...-.-...._.. i............-.•..._ _..._.. TOTAL POLICE:_�$106=1 _. 1 _ $104.730 564,100 ^_•,61X878 _ 73,100 0 O - _..,� 4.0613 .0 33 - _... 01 .. ... 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 agreementwith 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: I. Promote public education and information about fire prevention and safety. 2. Reduce property damage and loss due to fire. 3. Provide emergency medical assistance to all residents. BUDGET COMMENTARY: The City's contract amount is based on the White Bear Lake Fire Department 201.9 budget less an adjustment for 2017 actual expenditures compared to budget and multiplied by the QIty's percentage of average population and average market valuation of the area served by the White Bear Lake. Flre Department, UDG T: --._r....... .... DEPAl MENT 49200 ,..... _ .._ . .... ... _ .. ��+018 _ AOCr --�---......._..._... . ........... ...... ......'• .._ t . 2016 2017 2018 11Y30118 2019 # ;ACCOUNFDESOWhON ACTIAL ACTUAL ADOPT® ACTiWL ADOPTS CHANGE t OTHER SERVICES $ "ROB y 308 ... ,...... . _.... ~.... Y ..... =.. _ 1,t : # A 311 FAESFRVKE 1zr.j_. j�� 3,18,w 312 ;FIRHALLSiizV 4=4,025 a, 49.0 %r TOTAL OTHERSfRVUS & CHARGES I $13,854. V6,407 $.17,050 $1b,694 [ $21.825 € 28A1°1b _ ..... __ .. t 513,854 j 316,497 l :__...........�............ _._....�...._.._....... ..... .$17,050 515,694�t 521,826 ; 28.0.19bi 0 Animal Control General Fund ACTIVITY DESCRIPTION: The City of Gem Lake entered an agreement with a private company for their animal control services. The contract is for service as needed. . GOALS:. E. Add ress. anima 1. issues within the City in a timely manner. BUDGET COMMENTARY: The 2019 budget was bused :on past expenditures. BUDGET: 3_...._.. _..- . _... _ ...... _ ... _.... =AGGT: 2016 t 2017 _ 2018 .......... ................. _ .. _ , ..... _ .. _. _...._.�___._.___ _ ACCOUNT DBCRPTJON ACTUAL. ACTUAL ADOPT® i 1)3D! 18 1..1...... UZ0f2018._ i..... ACTUAL ADOPrED s' CHANSE• 0 0 0 400 a 20Q o ao gsQo soI s600 0 SO $800 ffio : Ssnn r n 23 Building Inspections General Fund ACTIVITY DESCRIPTION: The Code Enforcement Department issues all building permits for the. City, This department pibvides for the.health, safety and welfare of the City residents by providing inspection services to eft sure•that all residential, commercial, and industrial buildings compl Ordinances. y with the Uniform Building Code and City GOBS: 1. 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: The 2019 budget includes personnel costs related to hiring. a part-time inspector to enforce city codes related to building and development activities. BUDGET: f DEPAMMW42407' I _ .... ..._ .......... _ _ _ .... ACCT.' 11l2012M8 11120l2a1 2016 2017 2018 11130118 2019 # 'ACMUNTD�( lOh! ACTUAL ACTUAL ADOPTED_ ... .............__-._....f........_---_-.... ACTUAL . ADOPTED CHANGE 1 PERSONNEL, SERMES i { 100 ................-... - _ _ • WAGES & SALARIES v....... - _...... _...... ... $a $0 S0 _.. . - $�2,500. , d TEvPORARY ENpLOYEES _ _...�_.... w .. �.1.� . _ .... ..........._._ - 0 ._..... _ .._ _.....____. _ ...... O.0095 130 : FICA CONTRIBUTIONS - _...._. _ .._� .._. 0 a ' ..... _ .... - a.. .._ ....... ............_.. _ a' ....._........ ... �sss; _ 131 . PERA CONTRBUTIONS. l ...._ .... a a _..... ry ... �_ o 135 HEALTH INSURANCE __ ...._................... _... 0 i 0 _ .. _ �� 0 , 0.0095 150 '. WORKERS COMPENSAMON 0 , _ 0 ...... _.... .._ .: a , .. 175 . _ ,..., :r 0.00% TOTAL PERSONNEL SERVICES ».._.._...-.----- ----_............. $0 $0• : •$0 ; 514,589 ' 0.0096' . .......... -� ............._. _........ .... ......; OTHERSERVICES B.CHARCaBS' 313 BUILDING MPECTIONS 14,235• 12,118 -� w 15,000 9Q,946 18,000 20;00% 309 316 MISCELLANEOUS _ ...... _ ..._..._ ._ _.._...._ __._.. _._�. r.. __ 1 BUILDING SECRETARY SERVl S w .,p._._ ._.. _ ...... • _ . _...... 0 a. 0 — 0 _ ---._....... �1718• ` 0 I O• 000°/li� 334 CO MPUTERSERVICES 0 - - s 328 CODEENFORCEMQJT ; Q.k . .. ....... 1 _ .Q_ d ; o _ 0..i o i . .. 3 TOTA L OTHER SERVICES & CHAP f .. .... $ 14,�g _. _. . $12y1.1 .. .. .. : _ _ 000 i . ,.._ . _ .. �. t v. 0096� ..._ ' ........ ---fff ._. .. ..._ ' t CAPITALOU`rLAY ..... ._! t..... `570 _........, FURNfRJRE & EQUIFMENT { .. i O0. �_ . # a I ..._.... 0 ; 1... 51000 ' 0.0096j TOTAL CAPITAL OUTLAY r..... S0 t so ; $0 ' $5,000 i :TOTALSUILDIVG MPSMM 514;235 $12,115 S15,040 $12;662 ; $37,569 15DA89�. 24 Road Maintenance General Fund ACTIVITY DESCRIPTION: The Road and Bridge Department provide residents with safe and-ac:oessiblertransportation 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•or Outside contractors by contract. GOALS: 1. RoT:itine. maintenance to assure long life oreach street. BUDGET COMMENTARY: Most line items adjusted.based on past expenditures. BUDGET: .. . .............. _ . . DEPAKM6W43122 _ ... i.. _t . ... . 98 2Q18 1119W18 i019 _ OTHER SERVICES $ Ch[4 _ _ ..... ......... 300 PROFESSlONALSERVIC6S 0 0 1302 IIVGINEERING i FEES — v..._ .._._ _ 0 . _. .�.. •^_•I.. . ate .. -za00% • a I 10,000 • • 0 308 ADMNISTRATION 0 309 MISCELLANEOUS -L _0 t....__ ..... _ ..v_._._,. .___-• ....._............ .. RM 0 0 0, 802 i ... 0 0 0 0 I R1 , 0 0.000A 327 NFDES - STORMdVATER I ._. _.. .... ... ..... ......7.. ... ....__n .._ ._... --t.. � .: V ... � 0.0096 , 351 LEGAL NOTICES � ..... .._...�--- ...._ ......... - ............... - .... •-------- ! 382 ELECTRICITY - STREET LIGHTS -..... _. 1 ` l ! 385 ROW MAINTENANCE I _...,.�.._.. 0.0�0% .. •,. 941 1;300 I 1405 ROAD MAINTR3JANCElRERAIR 1763 , S,OOd ` FARI 0 to i 1_000096� I 433 DUESANC SUBSCRIPTIONS B43 � �. # ..66 � .3� � •100• TOTAL OTHER SERVICES &CHARGES 53,87A 14 ! . . $15,400 4 o59fi 1 514, CARITALOUTLAY I I � � ; { 540 HEAVY A4ACHINERY/EQUIPMENT k > 0 0; ! 0i 0:00% I TOTAL CAPITAL OUTLAY i So $0. S0 5o ; SO ; M00%: :TOTAL ROAD MAINTENANCE $3,870 $6,217 .$.15,100 $9,583 , 815,700. 3.97% 25 Ice & Snow Removal General Fund ACTIVITY DESCRIPTION: The City's Ice and Snow activity is responsible forthe control of ice and snow -on -City streets. The, activity provides control in a safe and cost effective manner, keeping In mind safety. budget, and' environmental concerns. The City contracts for this activity. GOALS: 9 . Remove snow as quickly as possible to pro:Ade all residents with safe access. BUDGET COMMENTARY: The budget for ice and snow control. is based on past expenditures. BUD -GET; D�ARTIY[Ipg 43125 4 , s'ACCT. ; 2616 # 'ACCOuNrDESORPTDN -ACTUAL SUPPLIES 225 'SALTSAND 6.75Q 210 ' oPERATiNG SIFPLEs - oTHER i 0 j 250 SALES TAX 0 TOTAL SUPPLIES . i i 11/Z012M 6 s 1112012018 2b1T 2018 i1i�0�1$ 2019 gf„ ACTUAL ADOPTED ' ACTUAL T ADOPIID CHANGE I f 4;T81 7;000 1. 7,075 10,000: 42:86°r6 •0• 0 0 0 0.00% -_ ._.. .. ._.. _.. _._ es .......... .. ....... �....; .. _.... ....... ............ � .....__.....,........._ �-....,,F.._.._... 0F, 0; 0 0! 0.00% OTHER SERVICES & CHARGES. + 309 MISCELLANEOUS 400 !........._..._._.._. Q- 0 REPA IR1M4IN I a-M-1 -Z - OTHER 4,418 404 'REPAIPJWINM4ANCE- CONTRACTUAL8;788 f TOTAL OTHER. SERVICES & CHARGES $33F21'I" _ ..... ......................... ................. ICAFMAL OUTLAY' S40 I HBkyY MACH fN�GiIJPAIB�iI I 0 i rTbTAL •CAPITAL• OUTLAY y0 ITOTAL IGE & SNOW f-OWAt —_ .wi 519,367• 0 ao $7,000 $7,075 $10.000 ` ¢2.87 0 } 0 j 0.'- .. 0.00% l; 2,200 2,555 i 2,500 •' 13.64% : _._-.0_.... _.......; . ; 12,000 - 12,383 15,000 25.00%: 314.204 $14,938 $17,500 23.24%; t 01 0 ; 0 0.00%, s0 $o 1 $0 : 0.00% .......................... - . _, .., ..... $21,200 ' $22,013 : $27,500 29.72%.i 20 0 ao $7,000 $7,075 $10.000 ` ¢2.87 0 } 0 j 0.'- .. 0.00% l; 2,200 2,555 i 2,500 •' 13.64% : _._-.0_.... _.......; . ; 12,000 - 12,383 15,000 25.00%: 314.204 $14,938 $17,500 23.24%; t 01 0 ; 0 0.00%, s0 $o 1 $0 : 0.00% .......................... - . _, .., ..... $21,200 ' $22,013 : $27,500 29.72%.i 20 20 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: Routine maintenance of parks. BUDGET COMMENTARY: Currently the City has no.parks that would require routine maintenance.and therefore there is no expenditures budgetdd..forthis activity. The City. does have plans to construct a •sidewalk.or path'Way.•along County Road E to• proyide safer - pedestrian traffic. BUDO DEPARrM ENT 4E10 ........... ._......................._M _. _ _. _ ..w.._._.... _.._. ACCT ` 2016 ACCOUNT DESCRF11ON ACTTJAL ........ ... _...._ __......i I 11/30/18 ACTUAL AOOWED ; ACTUAL 0 0 $o j $a $o so , 71120I2018 .._ -.._.'........ �. D l ADOFrW _.I .. .... ..........._ CI-ANGE 0 ' 0 ? 0.00% 0.11 0,00% _ _ _ ., '0.00%I `•... w�...Y 0M� - 0 6.00% o r 0.00% .. a a:oosc; 30,250 $0 ; S301250 o,006A' $0 $30,250 s' 0.00%, 27 Operating Transfers General Fund AC I (ITY ES RIPTION: 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 little 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. The transfe�in 2018 and planned for 2019 is for the City's share of future improvement projects. BUDGET: oEPalzrlutavrasoo ` 11120/20i8 11/20/2018 } . 20l6 2077 2018 ( i 1130118 2019 _ # .... _ ACTUAL .. ;ACCOLAVrDESCPMoN -. _.�..__. f ..._..............__..., ............. i ...:_ .._. f .. ACTUAL ; ADOFiID � ACTl1AL ADOPrID 720 ;TRANSFERS our i-_ .2007 Capital Inprovement Bonds ...._..._. Irnprovernent Fund - 401 �., �.... ..v. _.......__. I Road Improvements `--.-_. -•---. _......_ ....,_. ,.. 0 ; �..........:....... __.....-..._.... t .0 EAB TreatrneentlRp evention __ . _..._... �..i. Building rovements/Replacement Q Future lrrprovements - " — — - - Q _ _...._._..._._ o µ..__......._ ou _.._. o :3Qy000 �tS,aoo zo 000 Annexation Reserve Account �" - - Qty Ha Construction Fund 402 i 0 -- •. _ . M..__._. .._..�_ _-- _ . _ ......_ 0 ..Q __.....__.. . _._._...._...._....._......._.. r _. _ ........ Q 0 a _.. �_._..__.... _ .. �.._. _� ._._ Y u 0 Sewer Fund - fi01 0 •••x••-- .-.••.....-.... �__ Q}— �S- a _..._.....: .........._. T 7�dG TRAA _._...... T. TOTAL OFMA .__.. _ .._w. _._____.. � 0 0.00%. _ ...0.00%0' - 0.00%a; _0.00%: 0.00% 28 SPECIAL REVENUE FUNDS 29 PARE[ & 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 fats 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.201.9. 30 BUDGET: REVENUE BUDGET ; •... , 11 8 � 11 fx0<2tri8 :ACCT.. 2018 201T 1 2Q18 € 11 8 2019. 1 :O% ' # ACCOUNT DE$CRIPrION € ACTLIAL 1 ACfW1L I AE ED CHANGE MISCELLANEOUS 33604!'ORAMS.............. _ .. �. l I ; so 0AW ! 34785: PARK DEDICATION FEES p ; 0 0• i 36210 ' N1EI;MT WOME 410 263.1 475 { 230 •475 0.00% 36200 i.60E L41ME W 3®200 TRANSFERS N' a I 0.;. 0 € 0 0 T 0 Q 0 0.00°k, 0 0096i 'TOTAL.MISCELLANEOLJ8 t .. ........ $4 1a { 755, $23a-I• 75 i 0.009ds1 DOTAL REV ENLIES € S41D ; 1 5263' t 347$ �' _ ii30l I $i76 I € EXPENDPIURE BLDGET } t SUPPLIES _ �......... �. .... _ji 210 ' OFBiATM SUAPLIES - OTHER $Q$0, 00% 235 'LANDSCAPING MATERIALS o 0 0 a0 i .226 i`SIGNS 8, SiGN MATERIALS LES TAx .. °.-'....... ..o:.y . _ 4 • Q w D.Oa'io' 25a € i 0 o f 01 o f 0; 0:00°/0 : TOTALSLFR-JM 1 ... _.... .., OTHEiSERNICE;3 &.CHARGES I �... 1 .. ;.. ...... __ ................. .. ... 3w BJGU FHA' _M• i _ - ...... .. 0 i .._ .... A Q O of 304 LEGAL FED i 300 •`PROFf33SI0NALS9iVK;� # ... ... �.. 0 f +0� _.... •0; _ .. G ; ; ...... �. �_•.•. •. 0 ... Q �....... A. 0.00% f 400 R�4 �NWh_fIBdANCE-•OTFER 540 EQl1P6Bdr .................__....... 0 0 I .... A 1 .... b. ° ' _ I IWIAL OTHER SERVICES &CHPcRC,ES .60 $O $0 $0 0.0 a°r° ; _ _...... _ {. ....IMRIAL QUMAY 510 iAI�D0 0 0 f.. . o I _ ..0.00% 580 *o7H� rulFRova++fFMMs i 720 TRANSFERS.OUr Y a€ 0 # 0 0 i OS } 0 1 ..._.. .0 ... _ _... 0 0.00% i 0 i I O.Oa°% TOTAL CAPITAL OUTLAY $.... _ .. ; 50 S0 $0 € _.. $0 ... I . 4 ` .TOTAL Ei 06DrruRES I 4 # € I • FUND BALANCE- JANUARY 1 1 $39,482 I $39,871.€ SA0,125 $g0125 $40;355 ; f EXCESS REVENUE OVER DCPENDfiURES $410 5253 i $4751 sa30 j $47a I FUND BALANCE-DEMBER.31 - $39,872 i 540,125 i $40,600 $40,355 $4Q,830 0679do` FUTURE IMPACTS: The future budget impacts will.depend an the type and scope of park and playground improvemenfs. 31 T^'�ilNlt.w . •�.. THIS PAGE INTENTIONALLY LEFT BLANK 32 DEBT SERVICE .L.11v 33 DEBT SERVICE FUNDS DESCRIPTION: The Debt Service Fund.s.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: 2016 2017 2018 2019 ACTUAL. ACTUAL ACTUAL. ESTIMATED Bond .Rating Non -Rated Non -Rated Non -Rated Non -Rated Dec. 31 Debt. Outstanding (In thousands) $775 $715 $1,315 $1,250 Net Debt Per Capita $11872 $11727 $2,941 $2,796 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 47.5.53. 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 limit are those that Ore financed by property taxes unless at least 20% of the annual debt service casts 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 Bands. In 2015, the City issued the 201.5 G. O. Refunding Bonds to retire the 2007 Capital Improvement Plan Bonds in 2016. The. City's current legal debt limit:and debt margin J&a, follows: Legal Debt Limit (3°/a. of Estimated Market. Value) $3;425;472 Less: Outstanding Debt Subject to Limit (6554000) Legal Debt Margin. as of January 1, 2019 $2,770,472 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 was refunded with the 2015 G.-O. Refunding Bond. In 2018, the i City issued. improvement bonds with a principal of $660,000.00. In 2013, the•City paid off the outstanding principal balance of its 2004A and 2006A improvement bonds, which are included in this document as. special assessments are still being collected. BUDGET: REVENUE BUDGET t .. - .. . 11/ ...._,_ 20l2D .. 1112012018 i ACCT. 2016 E 2017 201818 i 11/301111 ; 2019 ........................ . # ACCOUNT DES.CRIPr10{+1 I ACTUAL ACTUAL ADOPTED ACTUAL I ADOPTED CHANGE PROPERTY TAXES 31001' CURRe4T TAXES _ .....- . -.. Sa7,574 1.. _373,850 � $4.399 . S84 �017 I .. 31002 DE LINQUENr TAXES •477 441 0 2.494.. T.... .. .. _.: .. ..! �..0. 31003 FISCALDISPARrfY7R)C •1,210 1001 � - 0 14125•' 0 I tw 31004 i PENALTIES & BJrEREST 0.00% 107AL PROPERTY TAXES ggg,281 rye $7 .... 584099 • - '$87;813 • $7$ 601 �.879Gf ; SPECIAL ASSESSMENT'S _. ,.%757 .._._ ... _.._.. ............ .. .._ .._.._._._ _.. . �...... .. .r 36101 'SPECIAL ASSESSMENTS 36102 ; DELINQUENT SPECIAL ASSESSNB+1r5 527 - _ ..... . 006 36103 ! PENALTIES 8 INTEREST - - � 0 � 4 0 F...M TM0.049ye:- 36104 SPECIAL ASSESSMENTS - PREPAIDj'SNR; 0 :0 O_O ... _.. , O ...... 0. ;TOTAL FINES & FORFEITS ......_. $14. 13.120 _._._._.... ........... _.. _.:........ µ 1 SO 0.00°k _ } MISCELLANEOUS —__.. _.. _.. —._.._ _ v. _......... _ 36210: INTEREST EARNINGS. 1',514 986 .1,705 � -- - _ _.........._..._......_ . x..... _ . _ ._. ..• .. _ ._.. �. . 1,270-25.r1 T 39000 MISCELLANEOUS 657 w -_ _.........�.__._.... _..........._.. b o. o 39200; BOND PROCEEDS. 0' '0 0 0• 0 �.1.. •.00�/., 1 393001TRANSFERS IN -...._._... _-- -•__-- -- - - p o • �o 'TOTAL MISCELLANEOUS $1,514. 0 0 E 0:0097t+i -- _�.._........ $988 � $1.705 $657 � $1,27p r-28.5195` TOTAL REMAJES �.--..�-,871. :..._..:_.__..._._ __..... ._w_._ ._...__...� Wits $76,796 + $86,104 � 5101,�0 ! $79,871 -724961 EXPENDITURE BUDGET CAPITAL OUTLAY 601 'BOND -PRINCIPAL 745,000 60,000 j 60,000 1 60,000 ! 5,000 8.33% 602 BOND NTEREST 35,421 16,505 : 15,755 _.... I5.755 38�884 f 146.80%j _ _ _.... _.._.._.._.._.....3 603 !FISCAL AGENT FEE$ i 0 I 1,584 550 .._........1,849 : 181.82% _.: _... .......-------- 701 ;MISCE.LLANEous 0...... _ 0 0 L.. _........_____......_ _.__._ ..._.._..... v v_......... _ ....... _.. ...... _ . _ ..w _.. �....._........ 720 'TRANSFERS OUr 0 0 ! 0 ! 81 0 0 00°� 038; TOTAL CAPITAL OUTLAY $78A89 ; $76.305 1 $138,642 $165,434 38.17W w ..._ .�....._......._..._. _ TOTAL IXPENDrrURES 1 _..........!.... _.._ .,.�..' .._...... „� $780,42i $78.089 $76;305 i $138;642 i $105,d34 3 1791i� 1 CFI D.�ALPINCEyJANLIARY 1 - $809,605 :: $114,342 $113.049 ' $113,049 $75,797 EXCESS 'RE1 ENLEOVER EXPENDITURES! ($695,263); {51,293) $9,799 ($37,252)I (,583y; y FEIPDBA..ANCE- DECEN8.... $114,342 ` $113.049 $122,848 ! $75.797 $50,234.-50.*Ij%'= 35 2004 IMPROVEMENT BOND FUND DEPARTMENT: 2004 Improvement Bond SUPERVISOR: Finance Officer FUND #: 302 ACTIVITY #: 4700 ACTIVITY DESCRIPTION: The 2004 Improvement Bond was issued to pay for the construction costs of the Scheuneman Road sanitary sewer and roadway reconstruction project.. GOALS: None as this debt was retired in 2013. MEASURABLE WORKLOAD DATA: 2016 ACTUAL. Bond Principal Retired $0 Bond .Interest Paid $0 Special Assessments Collected $162 2017 2018 ACTUAL ACTUAL $0 $0 $0 $0 $0 $13,120 DEBT PAYMENT SCHEDULE: JAN. 1 DEBT YEAR DUE OUTSTANDING PRINCIPAL DUE. Debt was retired in 201.3 2019 ESTIMATE ti1 INTEREST DUE BUDGET COMMENTARY: This fund will receive its revenue from special assessments collected from benefited properties and an operating transfer to remove the remaining fund balance. 36 t BUDGET: MENUE BUDGET Air i 2016 .. .t .7 . { 18. 11/,3WI8 11 Y f __ AO(`AUPFI s ACTUAL ACTUAL :.ADOPT'® ACTUAL AOOFT®• CHANGE 36101 SFECIAL.ASSESS...M W.t -'{XfftREIT ............. ..CVI 1 w.. 3$102 SPBL ASSESSMM' .......... I 0 0 0 '0.0096 36103 PSVAL"17ES:& ME1�5T 1 . ' 381oa.SPECIAL AS$ESSMENIS- PREF'AILYSNR a , o ! 01 a o w.� 0.00%4 •. ;TOTAL FINES.B FORFErrS 82 3 I $0: � 13,120 0.0096 M MLANEOUS.. i.... i . .. i.. _... _ . ... t 38210 i N EREPT EARNINGS 65 ! 8 a , w 0.0.0096 391001 BONDRX)CE®B a ' 0 s .. ... ....... ... 3$20a T17ANSF9�S.N s j ._. � i... of 0 1p01 TOTAL MISCELLANBC�US 3 -100.0M £TOTAL REI)HJIIES65 i -.... ... . {..... ..; . . ..... .......... IXPENDI URE BUDGET 1 _ . .. _... _ _.... ......... .... CAPJTAL OUTLAY _ _ ~ _ 600 i BOND FR1lJC�AL •. .. ... a,00% 610 ? BOND IN1D�T 0 U:, 620 FISCAL AGEW FEES . p t _,4... 0 a a� - - F .720 �TFiANSFERS 06R 0 0 11,727. _ (TOTAL CAWAL OUTLAY $a I $0 $0 511,727 $0 � • 0.0096' ..... TOTAL DRUR✓_S 0 $0 ; $0 $i 1,727 .. tFUNI? BRLg1JCE- JAM1AiRY 1 q 1 729 ($i,464 �SBe S1, f ' {$'{,998)' _ ..... .. � �.... MCM-REMA E WER: 5266 1 ( i .: _ .... ! FWD BALANCE- EBt"9431 1($7.4$4}( (S1,?96) ($1,331}'s sa ( Sa 1 -100.00%t .37 2015 REFU WING CAPITAL IMPROVEMENT PLAN BOND FUND DEPARTMENT: 2016 Refunding Capital Improvement Plan Bond SUPERVISOR: Finance Officer FUND #: 304 ACTIVITY.M 4700 ACTIVITY DESCRIPTION: The 2007 Capital Improvement Plan Bonds were issued to finance the construction of Heritage Hail and refunded.in 2016, GOALS: Pay debt payments on a timely basis as scheduled. MEASURABLE. VIIORKLOAD DATA: 2016 2017 2018 ACTUAL ACTUAL. ACTUAL Bond -Principal Retired $745,000 $60,000 $60,000 Band Interest Paid $35,421 $16,505 $15,755 Property Tax Levy Collected $69,261 $75,292 $87,613 DEBT PAYMENT SCHEDULE: YEAR DUE 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 JAN. 1 DEBT OUTSTANDING $655,000.00 $590,000.00 $530;000.00 $470,000.00 $405,000.00 $340,000.00 $275,000.00 $210,000.00 $140,000.00 $70,000.00 PRINCIPAL. DUE $65,000.00 $60,000.00 $60,000.00 $651000.00 $65,000.00 $65,000.00 $65,000.100 $70,000.00 $70,000.00 $70,000.00 38 2019 ESTIMATE $65, 000 $14,828 $77,989 INTEREST DUE $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 service payments are the only expenditures budgeted in this fund. The 2007 Capital Improvement Plan Bands: were advance refunded by the 2015 General Obligation Refunding Bonds for.principal beginning in 2017. BUDGET: REVENUE BUDGET i '18120120 18 11 B 1ZWZQ1 ACCT.2016 2077 £ 2018: s 1.1130/1a 2018 # `.AOCOLINT DESCRIPTION ACTUAL •A". L t ADOPC® AOTUAI_ ; ADOPW CHANGE. ' :PROPERTY TAXES i '31001CURRENT TAXES $87,574 I , 584,017 I $77,989!, 7 31oD2 DEINQUT(rTAXES 4411 0477 2,494 Q 0.0509°% 31003 FISCAL DISPARMES TAXES 1,290 ...� 7 001 .. .. --0 0 1;12 51! 0 � - 0.009G' 3i004�PENALTIES 8.M"BiFS'f i , 0 � 28 } . 0 , 0.0096! s TOTAL FINES & FORFE S j 569,287• � ST5,292 j ,3 9 � 564,39 $87,613 j 61 $7T,989 -7.58°k_ ...p . .. . � WSCIEU& BDUS: f ° 362.10 I.NnR ST BkRMVCS ? 9.43 , .. 640. � 1;170. ; 373 � 1,170 0.0096i 391001e0NQPRO(DS' ; Q.., Q ,. 0 : 0 O'00°16 39200 TRANSFERS IN 0 0 0 0 0. 0.0096, TOTAL M$CELLANEOUS :._:..:...._ 39�3 j 1 _ 5840 s $1,i76 $373 $1,7 70 ;TOTAL ]REV ENUM I . ... .. jj $70,204.; $75,93.2 ' $85;569. S87,966 ; $79,150 -7.49°X;; s EXPENDITURE BUDGET i ....... :CAPITAL OUTLAY t $00 8 . . .....PCIPAL 1i745;000' .. t 580000 1 $60'�000 i $60,000 i $65;p00 f 8.33%€ ' 610 BOND NTEREST 3SA21 j 16�505 4 15,755 F 45,755 1 _:.. 14,820 i -5.88%' 620 :FISCAL.... FEES ! p bb0 ; fi5Q. ' 450 S _.. 550 0.00°ti 720 TRANSFERS -OUT '0 Q I :p 0 i 0 , 0.00% TOTAL CAPITAL OUTLAY i $740,421 I $77,055 � S76;S05 I $76 205 $80,378 b 349d,( :TOTAL D(PeDMJFES . _ � S780,421 I .. $77,055 � 08;305 ; $76,205 � I 580,378' � 5:349fi; tFLlNDBALANCE-.1ANUARY 1 $831,232 # 5121,0J8 ; $119,892 r $719,892 Si31,673 DCC¢S I VBVUEiD119Z EXRBaTLAES; i$7100 $1,123Y• $9.254 $11,781 s FIJ 1b BALANCt- PEMMBi31 1 $'t21,015 ; $119AM 5129,156 # 5131*673 ' S430,454 i 1.00%r m 2006 IMPROVEMENT BOND FUND DEPARTMENT: 2006 Improvement Bone! SUPERVISOR: Finance Officer FUND #: 303 ACTIVITY #f: 4.700 ACTIVITY DESCRIPTION: The 2006 1mprovement.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: 2016. ACTUAL Bond Principal Retired $0 Bond Interest Paid $0 Special Assessments Collected $14,221 2017 2018 ACTUAL ACTUAL $0 $Q $0 $0 $518 $0 DEBT PAYMENT SCHEDULE' JAN. 1 DEBT YEAR DUE OUTSTANDING PRINCIPAL DUE Debt was retired in 2013 2019 ESTIMATE $0 $0 $0 INTEREST DUE BUDGET COMMENTARY: This fund will receive its revenue from special assessments levied against benefiting properties. The only expenditures are for transfer to improvement funds to remove:remaining fund balances. 40 BUDGET; REVENUE BUDGET 111ZOJ2018 11tZ01Y018 ; A00i:' 2016: 2017 2618 1113011$ .' 2013" % # ACCOUNTDESCRFMN ACTUAL ACTUAL. ADOFIFD ACTUAL ADOPTED CHANGE ' SPECIAL ASSESSMENTS s 36101 SPECIALAS.SE SSME l4TS-CURRFM t 319,596 , $0 t $0 $0 $0 0.00'Io.. 36102.$F6t7AL A.SSESSNIBM -. D6.N+f JEW J/ a 61$ ; 0 0 0? 4 36103 PENALTIES & KrEREST 38104. SPMIAL ASSESSMENTS - PREPARYsNR} 99 } 0 0 i �' 0 0 0 < a i i Q ' 0 b.OD7/oj 'TOTAL FINES & FORF©TS ....... ............ ..... ......... .. $14221 $518 s $0. .. 0 $0 0.06% i J. MISCELLANEOUS 36210 WTEIREST EA RNINGS 468 278 470 2$1 ' 0 -100,00°k 39100 • BOND PROCEEDS 0 i 0 Q O.00w, 39200 .'TRANSFERS NV y O 0 t 0? 0 t }4 0.; Q0096 ;TOTAL MSCLLANEOUS I 5468' $278 $479 i $2$1 s $0 -100.00°k' '• JOTAL.REVENUES E 14661 ,'j796.1 $00 1 $2E31 ; � I • i -100.00°% i.CAPR'AL OUTLAY 600 BOND PRNCPAL *vo .. 610 BOND MHTES`I .. .......... .......-....... _. '• .. 0 .i Q ..__..._ .i a' ..... 0. 0 0 00°/fl MOFISCALAGB�I� Fl£S 0; '1,034 ' .... 0 ; 1;399 0 o.DD% 720 TRANSF94.S OIJI f 0; 01 0 49.311 0 j 0.00%t TOTAL CAPITAL QLMAY I SO ' $1.034 i t $0 t :5 0.7to ; SO l 0.00% T)R .TOTA I i _ $0 1 '$1,034 ? g0 $6a,710 $0 a.Ob36f f BALE- AAM ANCIARY 4 " . ... _ . _ ..."...... $35,878 ' $G0,887 i $60.429 1 i :EXCESS RI VBNJEOVB2 $14.689 t (S )s. $47O ($5a,429)} $0 ! ' FUND 13ALp1N1C3E- D 31 swA67 1 $SO.AZ® i $50,899, i $0. i .SO 41 2018 IMPROVEMENT BOND FUND DEPARTMENT: 2018 improvement Band SUPERVISOR: Finance Officer FUND M 305 ACTIVITY #: 4700 ACTIVITY DESCRIPTION- The:2018 Improvement Bonds were issued to finance the reconstruction of Scheuneman Road in the business district and to extend water and sanitary sewer in the area. GOALS: Pay debt payments on a timely basis as scheduled, MEASURABLE WORKLOAD DATA• 2016 2017 2018 ACTUAL ACTUAL ACTUAL Bond Principal Retired $0.00 $0.00 Mob Bond Interest Paid $0.00 $0.00 $0.00 Property Tax Levy Collected $0.00 $0.00 $0.00 DEBT PAYMENT SCHEDULE: YEAR DUE 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 JAN. 1 DEBT OUTSTANDING $660,000.00 $660,000.00 $630,000.00 $595,000.00 $555,000.00 $515,000.00 $475;000.00 $435,000.00 $395;000M $350,000.00 $3015,000.00 '$260,000.00 $2101000.00 $1,60,000.00, $110,000.0o $551,000.00 PRINCIPAL DUE $0.00 $30,000.00 $35000.00 $40,000.00 $4o,o00.0o $40,000.00 $40,000.00 $401000.00 $45,000.00 $45,000.00 $45,000.00 $50,000.00 $50,000.00 $50,000.00 $55,000.00 $55,000.00 42 2010 ESTIMATE $0.00 $241056 $612 INTEREST DUE $24,055.98 $22,400.00 $21,425.00 $20,300,00 $1.0,100.00 $17,900.00 $16; 700.00 $15,500.00 $14,225.00 $12,875.00 $11,300.00 $9,400.00 $7,400A0 $5,400.00. $3,300.00 $1,100.00 BUDGET COMMENTARY: This fund will receive its revenue from :a. property tax levy and special assessments. Annual debt service payments -are the onlyakpe .0ditures budgeted in this fund. BUDGET: REVENUE BUDGET ACCT. # ;'ACCOUNTD2scRpnON PROPERTY TAXES 31001. CURRENT TAXES 31002. DELINQUENT TAXES 31003 FISCAL DISPARRFS TAXES. WES .310.0.4 PENALTES4 INTEFtEST ,TOTAL FINES &- I SPECIAL ASSESSMENTS 38101 tSPECIAL AS SESSMENTS - CLIRIZE417 36102 SPBDIAL ASSESSMEMS - DELINQUENT 36103.- PENALTIES & KFEREST SPECIAL ASSESSMINM - PFEFACMR' TOTAL. FINES &FORFM 2016 2017 20.18 11/30118 2019 ,CTLIAL. ACTUAL ADORW ACTUAL ADOKED MISCELLANEOUS 36210 INTEREST EA 0 39100 BOND PROCEB)S 0. 1:39 . 260'TRANSFERS IN 6. - i 1 TOTAL MSCELLAWD W- 464AL ii to $0 0 ID: _0( 0., 0. i $0 0 0; 0.. 01 0 $0 $0! 0 o.: 0; 0 OT 0 1$0! 01 -54,* 0, 0 01 54,8W 100 ..01 01 $loaf AN13E a0m: A 0.0 D%i 0; w� 0.00% *: 0.64%i ODD%, , . . I DBE 7. L •J _CkPrfA b&D& io!i $0 0 $0, $.0096. 610 ) BOND INTEREST 0 .. 0 0 24,056! 0i00%i -WQ FISCAL AGENT FEES j 0 :6 1,000: 720 TRANSFERS OUT o i TOTAL CAPITAL OUTLAY TOTAL EXPENDnURES FUND BALANCE- JANUARY 1 DOM F6(a[iCV�R *E*XP* E*H FUND BALANC9- DPCEIuBEJ231 0.00% $0 s to $0: $zW O.OQ%: $0 i -$0 $25.050 OOD%4 $o; $0, $0. $0 $0 $Of $0; $0. ($24,344).' 0.00%, 4-3 THIS PAGE INTENTIONALLY 44 LEFT BLANK etz .Z�EI`�E�:� IMPROVEMENT FUNDS CAPITAL. IMPROVEMENT FUNDS ACTIVITY DESCRIPTION: The Capital Improvement Funds pay the construction costs 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: 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. .4 6. BUDGET: REVENUE BUDGET ACCT.. 2016 2017' -ACCOUNT DESCRIPTION ACTUAL ACTLIkL SPECIAL ASSESSMENT'S 36101 SPECIAL ASSESSMENTS 36102. DELINQUENT SPECIAL ASSESSMENTS 36103 PENALTIES & INTEREST 36104 SPECIAL ASSESSMENTS - PREPA USNR $64;411 so I 2018 1 11180/10 2019 aJG AmFrED ACTUAL ADOPTED CHANdE. t $41.746; $40A90 $0, .: $U4 $9, 0.00%: $D I jii6i i 0.96.�! ..A TOTAL -SPECIAL ASSESSMENTS 'f $37,474 i* M VADW "A.OP 1 -WM%' 'MCELLANEVUS 3621 0. INTERE�ST EA RNINGS. . . I . .. (a002 (.3,630), (1.61 8) 06-' -10.1.42% 36200 MISCELLANEOUS ol 0* 0 1 P*A-- 39100 BOND PROCEEDS r 0 o) 01 874.*227 ol .39200 TRANSFERS IN 0 0 j 81,038 i TOTAL MCELLANEOUS ............ ..(S2 1 .416.470" ",247 $20;050 :Z1,74 L ENLIES $61.936 $36388 1 $79,270 $8022701 $60,050 -24.25% . . . .... .... ............ . .......... .... ........... .. . .. E)(PENDrnJRE BUDGET OTHER SERV`rZS&CKAFbW 302 ENGINEERM MEES 15,954 4M371, 0.00W 304 LEGAL FEES 0 0 0:00% 335 ARCHITECT FEES Q 0 0.00W 308 OTHER PROFESSIONAL SERVICE o 0.00%; 309 MISCELLANF-OUS J, '.0 .. . 0.0 0%! 310 GONFEREiNCE REGISRATKM .0 0 0 0.00%i 333 MEETNG PREPA RATION 0 0.00% 351 LEGAL NOTICE RJBICATX)NS 0 01 0.00%: 610 IWEREST..... 0 0 ol 0 0.00%.' 620 'FWALAGe-irFEES 0 0. r 0 o 0.00% :TOTAL aTHkRS ERVCB*&-CFKRGES p5A% f '$83A73 $o o'00%! CAPITAL OUTLAY 531 ! OTHER- IMPFI(NEMENIS 720 !OPERATING TRA NSRM 'TOTAL CAPITAL OUTLAY :;TOTAL BT0VMJRES :FIND BALANCE- dANUAkY 1 B(MS REV ENUE OVER EXPENDMJRES( !'FUND BALANCE- DECEMSM31 o 0; 0.1 0.00%; o' 0i pr Of .61. .94i $270 -9*4T- $0 $606.054 $323.9�N $0 $=427: ($5.7.64): ($267,816) ($252i393)." (5252093)' JW550)! :$262.052); $15,423: $79.270 1 $26.843 $66.050 ($=AS)! ($173,123). ($42,550): S17.560 47 IMPROVEMENT FUND DEPARTMENT: Improvement Construction SUPERVISOR. City Engineer FUND #: 401 ACTIVITY M 4800 ACTIVITY DESCRIPTION: The Improvement Fund was established for current and, future improvement projects within the City. GOALS: None. MEASURABLE WORKLOAD DATA' 20.16 2017 2018 2019 :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 i m provements.and to set funds aside for possible emerald ash bore tree replacement/treatments. The City is budgeting a transfer from the General Fund to the Improvement Fund in 2018 and 2019 to help fund future project. Currently there are no improvement expenditures budgeted for 2019. 4 8 f.. BUDGET: REV ENUE BUDGET Yll20l2016 `: '1 �l.Z0r2o1a ACCT.. 2016 2011 ' 2018 11/30/(8 j 2019 96 # ; AMOUNT DESCRP TtON ACML i 'AgPAL ; ADOPI®1� ACTUAL i 'ADi7PT® CHANGE MISCELLANEOUS y i W210:WTERESTFARNNGS '•. 5989 f $847 i $1.17.0' :$771 i $?.000 70.94°k; 36200. MISCELLANEOUS 0 i 0 0. s 0•# 0 0.00°ti: 39100 BONDPROCEFD6 0 i 0% .0•1 0 0• 0.00%: 39200;TRANSFERS:W :. F�gad tnproversieMs 0; a E 0 Q ... o 0.0096{ EABTroalmerit PWjndon 0 t Ou" ii rc+►aments/l�apleoement 0 0 j 0 0 0 I 0.0056 Future #ipra►ernenes 0 l 0 1 20,00o 3 91,038. i •20,OW ; 0.00/b ;TOTAL LANBOLS' j $847 i $21;170 < •St;l,m'• $22,000 ~: 3792'kt •i TOTAL F1EIlk�VUES $989 $847' $21,170 ; 3$1;808 ; 522,000 IXPENDfRlRE BUDGET s. oTH�sERVICEs & CHARGES t �. �... .. .p. .. _. . j; 302 ESJGN3RUVG FEES ; 0 { a 0 0 ` 0 ' 0 < 0.00°i6 304 'LEGAL FEES Q# 0 0 i 0 l 0 i 0.00°/b` TOTAL OTHER $E2VUG S R CHARGES $ f. SO � $0 4 $0_ t '0. 00�€ A' PMA��oii Y Sal `oltER1PPoQVEti!tM � 0 � 0 ° o o l a l :o.00% 1NATE# WFPVEt!,t M 0 0 0.0096i €QPEfiAiNOTRANSFEftS 0 0; 0• 0; 0 i 0,009Gi 'MTALCAPMAL•OUMAY } $0 SO i .$o . $0 SO s •- .. 1 ?TOTAL' D(PETJl7tTURES $0 $0 $0 s0 30 i : FUND BALANCE- JANUARY 1 $132;= •$133.325 $134;772 ;� 5134,172 $215,981 ; - - 'EKCESSREVENUEOVER BTEn 3iJRES $ $847 $21;1701 581;808 $22,000 sFUND BALANCE=DECEMEIER31 $133,325 ` $19 .172'i $155.342 $215;981 I $23Z,981 i 53209f,' 49 SCHELINEMAN ROAD IMPROVEMENT FUND DEPARTMENT: Scheuneman Road Improvement SUPERVISOR: City Engineer FUND#: 403 ACTIVITY #: 4800 ACTIVITY DESCRIPTIQN: The Scheuneman Road Improvement fund recorded bond proceeds and sewer improvement and road resurfacing casts on Scheuneman Road. GOALS: None. MEASURABLE WORKLOAD DATA• 2016 2017 20 8 2019 ACTUAL ACTUAL ACTUAL ESTIMATED No service .levels have been established for this fund. BUQGET COMMENTARY: This fund in 1he postpaid for the. installation of a sanitary sewer line down Scheuneman Road and to reconstruct the.street. The City issued bonds to finance the projectand collected special assessments from the benefitfing properties. The last special assessment payment was made in 2015. The City extended the sanitary sewer line and. water mains all the way down Scheuneman Road through the business district and. reconstructing. the street with storm water improvements. The revenue source will be from special assessments on benefiifing properties; however; there could be a City contribution to the project in the form of a property tax.levy and/or use of City reserves. The City issued $660,000.00 in improvement bonds to fund this project. so A=. SPECIALASSELcNM viol'SPECIAL ASSBSMMM -'aj"W M-102'SM KL-ASSMSMMM - DMNQUENr .36103iPEMLTES.&KrEFEST 361.04 1 SPECIAL. ASSESOMMM- 4ffA6ShR:* !TOTAL VWIAL ASSESSMWM 38240 < WTBWT PAR* 39100 BONDPROCEEDS 39200 FERS IN 2076 2017 2018 11130/18 ACTUAL * i -ACTUAL I. ADOMM 1T Aartx*L :0 0 2619 % 4OP'r®*CHA rlk� '. $0 f so so o o 0 as ol 01. $0 so I so 54); a A. 01. o 67.9,227 .0 *0 .01 4Z,Mfi 0.00%; j-70' -!A L M3CEUAN33M $33 $351 $67.%173 S64 .42.8645 -TOTAL $33 $351 113 1 42.ML B(PENDITURE BUDGET . .. .... ........ - OTHER SERVKMS & 2HARGES 302 ENGINEBV4G FEES 0 M373 l ol MOM 304 =LEGAL FEES 0.- 0 0. ;TOTAL OTHER SERVJCES & cHARGES $16,954: $0 $83,373, so .ob%' 'CAPITAL OUTLAY 531 ;OTHER IMPROV. B . A .. E .. N . TS 0 509i064 o 0.0096: 720 '.6Pmk1'NG TRANSFERS i 0 0 a I ol 0 22001. CAPITAL OUTLAY so $4,011: i $M.054 $02 D.00OA' TOTAL DITURES so $19,965 O.ODW: RM 13ALANCE - JANUARY 1 ($1,805) ($2 755) 'B(CESS FEVE141E OVER LxORU w $33 ($19,950) $35 I $86.746-- so AWBALANdE- COCbhM-31 ($21,755)' ($21,720) U4,991 $65,041 -399,45% FUTURE IMPACTS: There -ere rio future impacts ait-this firne for this fund. 51 HOFFMAN ROAD IMPROVEMENT FUND DEPARTMENT: Hoffman Road Improvement SUPERVISOR: City Engineer .FUND #: 404 ACTIVITY #: 4800 ACTIVITY DESCRIPTION: The Hoffman Road Improvement Fund. is used to provide the City's share of future road improvementslmaintenance:on Hoffman Road. GOALS:. 1. Improve. and maintain Hoffman. Road on timely basis. The City extended municipal water into the business district to. help with redevelopment efforts. MEASURABLE WORKLOAD DATA: 2016 2017 2018 2019 ACTUAL ACTUAL ACTUAL ESTIMATED No service levels: have been .established for this fund. BUDGET COMMENTARY: Current revenue sources include special assessments: on benefitting properties for extending municipal water in 2015. Expenditures in 201.5.and 2016 were for extending municipal water into.the business district area from Hoffman Road. 52 I BUDGET: -FEVBI&EBUDGEr ACCT. # ACCOUNrbE§d"7nbN 2010 2017 2018 CTPAL ACTUAL J ADOPTED SPECIAL ASSESSMENT. .36101 SPECALA SSESW WM ---CUFpBqr 64A1l i 45,895 36102 .SPEMAL ASSESSMUM-DEL NQUENr ID (7.242); .36103. PEA LTIES & WTEREift Jw .361 D4 SPECIAL ASSESSMENTS - PREPADISNR: 0 ,TOTAL SPEtiki_ ASSESSMENTS -$65.938.;07,474, WOO.: 0 0:; 01 : 1112012Q18 - 2*019 AaLAL r ADOPTED. 41,78 40,000 0 283 0 0. 0 $43.0241 04 -M.31%: 0.00%. 0.00% f .36210. INTEREST EA RNJNG GS ($5�024) (6z94ej; (41,735 001 91 ($2,Q00);; -V.70% 36200 M19CELLANEOUS 011 0 0 39100 BOND PROCEEDS 0 •0 39200 TRANSFERS IN 0 .0 0 0 0 TOTAL MISCELLANEOUS ($5,924), ($2 948).!. {$4,735} ($1.735) ($2,000); -57.76%; $34.05 t BGVVffLM;E BUDGET ........... :0 OTHEkiElRVKM8 & OihM 302 ENGb�FEES 0 0. 304 LEGAL Fi# 2,345.1 0 i 0 0 b .0.00%., 0.00V 308'ADMINISTRATION 4 0 0 0 '0,00%: 351 LEGAL NOTICES PA 0 0 0 a 0.00%: 309 MISCELLANEOUS 'TOTAL O• l 0. 0 0' Q OAK%' OTHER SBWCM & CHARGES so $Q: Q.00410, bkkrAL &*LY. J 53i = oln*2% 270,94:7-5 0 Q;00%: 720 IMMFEW -0.! 0 TOTAL CAPITAL OLMLAY SO$0 IOTALBCP� $323,999, $01 Z .1 W. $OL - 0.*00%. 'FUND BALANCE- JANUARY I ($391.685)-. (S357,1 59 ($357159) ;EXCESS REVENUE.OVER ft�ITU{� ($263,074}. $34,526 . $58,065: $41j288. $30.000 AWBALANCE - DECEMBER 31 ($391.685) ($357.159): ($299,094) ($315,871)_ ($277,871) • 7.10%: FUTURE IMPACTS: future lmp!Bcts.would -be the -cost -of the blProveimehts/Malinten.ance on Hoffman Road. Extending 53 water into the business district will result in the City maintaining an Enterprise Fundibrits uvater operations in the future, as businesses connect to the new water system andforthe system expands. THIS PAGE INTENTIONALLY 54 LEFT BLANK 55 ENTERPRISE FUNDS ACTIVITY .DESCRIPTION: The Enterprise Funds .are established to finance and account for the acquisition, operation, and maintenance of governmental facilities and services, which are entirely or predominantly self- supporting by user charges. The City operates two Enterprise Funds.. The accrual basis of accounting is used for these funds. However, for budget purposes capital outlay items are recorded as.expenses. This page is a summary of the Enterprise Funds. GOALS: .Seethe individual funds for their goals. MEASURABLE WORKLOAD DATA: See individual funds for their measurable workload data. BUDGET COMMENTARY: The main revenue source for all Enterprise Funds is the quarterly utility billings to system users, See. individual funds for budget explanations and charges. BUDGET: REVENUE BUDGET A CCT. # ACCOUNT DESCRIPTIDN .__.... i 17l20f7A18 �1I20f20tB I 2016 201r _....4 1 2Dl8 43434 1g' ax ACTUAL ACTUAL ACTUAL ADOPTED (Vtjk, CHARGES FOR SERVCIES r I 34410 rLOCAL CONNECTION CHARGES 34500BJTfftPRISE REVENUES - RESmFlfRAL S1,025 ; i $2,870 : 3D i $9,378 S2.200 I I 13,213 i 12.546 15,000 4 9,481 21,D00 34600 EiJTERPR SE REVENUES- COMM�RC[AL . 24,005 32.078 : 25,000 ! 23.650 25,000 0.00%' 34640 CERTIFIED SEWER REVENUES 3.179 a 0. DO°; 34650 PENALTIES & CJTEREST 2,234 ' 1,061 2,500 ' 1,205 .. . 0 1,500 -4o.00%,' TOTAL CHARGES FOR SERVICES _.. _ .... t43,657 $4B,555 F42;500 FA3,714 . $49;700 16.94%' j 7 SPEC ASSESSMENTS 36101SPECIAL ASSESSMENTS 0 G i p + 35102' DELVQUENT SPECIAL ASSESSNIE2JTS 0 a 0:0096( 36103 ; PENALTIES & INTEREST } 0 _ . 0 0 D . 0 ' o ` p.00 4 TOTAL SPECIAL ASSESSMENTS i 80so.,1 0 0.04% U n2CELLANEOUS 36200 MISCELLANEOUS 0 0 0, 0 { 36210 : N fTEREST INCOMS= - 4,211 3,170 5;210 i 2,6p 0 5,230 0.00%i 0.38%i 39200 OPERATING TRANSFERS p p ; O.; ..2.0 - - ...f - TOTALMISCELLANEOLiS $4,211_ $3.170: $5,210 $2.260 0 35,230 0.00%; 0.38%j 1.... 'TOTAL REVENUES �.. $47,868 ; $51,725$45;974 j $54,930 ; 15:13% f . EXFENDMJRE BUDGET - .... '" ...... .. ...... ............ . .... ....... ....... ;SUPPLIES i 201 ; OFFICE SUPPLIES ....... ,....... ........... .... _. _. .... ...... _ _.... ... _ ......._..-- _...... _.. i 0 �p .... 50p _.0.-. 210 ' OPERATING SUPPLIES .. 0 ' S,41.� _ 5;988 . 212 !POSTAGE _..-... _. . _....._ ............ .........4....._....__. i38 0 - 250 p i .. 5D f 2 MOV.. .250 ; SALES TAX �........._. t 0 _.. .__. 0 0 ............ 0 ; •.............. .O....... DO%' TOTAL SUPPLIES $138 .......---...p....... $750 56;988 $750 p.00°6' I..... t .. .. • .. OTHERSERV0E5.gCHARGES ............i......_ .... I ........_....... '. .... i _......... t 30 r_ 'AUDTTNJ_G - ............. 2.800 4 3.70%4 ' 302 ENGJEEPJNGF ............ ' 318 ! M.C.E S. CHARGES �{........._..._... .. ._........_..O.......�_.......2.�.700 -..._.2_,_70._D ._..........1,278 5000 :...:3.70% 000°e' 319 rLOCATES 1 25,714 ' 906 1 27,804 _ 1.410 ; 30.000 ; 1,000 1 24.854 484 27,575 _ _.. . 1.500 i 8.08 i 50.00°0 i 3�9 : FINANCIAL SERV!(1 149 _v.. _....._. ,_......._:...:.... ._ ...... .._..D `. - .._.... ._.. 334 `COLPUTER SERVICES I 6108 4;T 210 . 2500; 7$ ,500 ` , Z 000 .. 0%;i .200. . _... . 400 ; REPAIR/ MAINTBJANCE ....... ...__ .......... - .. ...... - - °. - 420 • DEPRECIATION 12,457 ' 12;457 12;500 0 ; 12,500 0.00% i 433 DUES & SUBSCRPI]ONS 0 j .. _ _....0 ..•0.4p"/o' 460 ;SEWER INSPECTIONS -... 0 t 0 r 0 p 461 SEWER FLUSH94G - ._.. .... U .. ..... Ort 92 000 _"....:..0 ..... _. ,. .. �_ :.... 12 000 0 00 TOTALOTHEf2SERVCES&CHARGES .` ._"..... - - .......... -.... _.._...__...... S41,122. _ 541922 ? ............ 569,775 ' $28, _.......__038.:-$67.875 !_...... 2.72%! (CAPITAL OUTLAY g i 540 HEAVY NA(>-QNE2Y/EQUM$7JT p Q.. 0 0 { y00096} 530 'OTHER EQUIPMENT & Ir,1FROVEMtE7�r$ tw...... _..._........... w_ ., 0 , . 0 ' _ ... . 0 0 1 0 ¢ k a00%1 720 ,OPERATING TRANSFERS i 0 0' 6 0 S 0- :. TOTAL CAPITAL OUTLAY $p SO .... ._......_..:..... OAD16 `......... '_.........so _... ._.................._.._ , ....,_.._:..:.... ....._.....,.�1 ._...._...................._. TOTAL } "__.._... 4 D�Ef�fTUREBUDGET I $Q1,2fi0 f�,.,....._..._._._...__. . . . $47.341 $70.525 $34,026 : $6$.82� �2.6�1 FUND BALANCE- J.1 . .... S440.399 $459,464 ' $463,848 : $463,848 -_,_.,...._ 5475,796 ) SICF� REVEN.. UEOVER _. _. w •__ $6,608 $4,384 {$22,815} , $11,949 ` ($13,695) DEDUCT INFIRASTRUCTION AODTIdWS _. _..... w _.... $0 �p $0 ... $0 - .. $0 i I ADD BACK DEPRECATION I $12,457 $0 512,500 $0 $12,500 Z. FUND BALANCE•.DECHv1.4ER'31 $459,464 $463,548 : $453,533 $475,796 • S474,601 : 4,65%' i INVESTM&Tr IN INFRASTRUCTURE. I. t $480.739 . S468.282 �r168,282.. ...... 82 $468,282 -- ADDITIONS DELETIONS) { so : so sd 3 - ,1 . so DEPRECIATION ($'12,457)' $0 : ($12,500) SO j (E12,500). NET INVESTMENT IN INFRASTRURE 5468,282 $468,282 $455.782 : $468,282 . $455,782 0.00%. 57 SEWER OPERATING FUND ENTERPRISE FUNDS ACTIVITY DESCRIPTION: The Sewer Operating Fund is responsible for the maintenance of all lift stations and. sanitary sewer lines in the City. The Sewer Operating. Fund is. self-sustaining from revenues derived from utility charges. GOALS: 1. Keep all. lift stations and sewer fines functioning safely and efficiently. MEASURABLE WORKLOAD DATA: 2016 2017 ACTUAL ACTUAL Gals of Sewage Treated (Millions) 10.95 11 A 5 Miles of Sewer Lines Service Connections BUDGET COMMENTARY: 2018: 2019 ACTUAL ESTIMATED 10.91 11.00 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 $40,C)DO and.currently no rate increase was used to estimate 2019 revenues; however, it appears a rate increase may be needed to properly fund future sewer operations. Interest income is another revenue source. and isbased. on estimated interest earning. On the expense side, the largest expense within Other Seivices'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 wastewater has increased.. For 2019, the.M.C.E.S. Charges have decreased 8.08%fl to $27,575. The City also annually budgets to flush (clean) sewer Ernes to prevent sewer backups. Far 2019, $12,000 is Budgeted to .flush sewer lines. 58 BUDGET: ;.REVENUE BUDGET I W200201 B ) 1112DlYQIB I ACCT• 2016 2017 i ............ 2018 11l30l1819 3 F �jy # ACCOUNTDESCRFTON ACTUAL ACTUAL ADOPTED ACTUAL AOOp1ID ***- CHANGE CHA RGFv FOR SERV CJES 3.4410. LOCAL SAC CHARGES a1 `• i $ g. 34500 ;SEWER REVENUES - RESUE3JfW L t 18;2'!e `12,346• y 1o;Ob0' { , 9,481 ? 15,000 ... Q009S 34600 : SEWER REVENUES - COMMERCIAi. _ ........_.............._........_......._...._........_....._. ) �,j, g ...._.. � pZg pOp } 23,650 25,000 OAOSi : 34640 :: CE RTIFED SEWER REVENUES j $178 . p p - o 34650;PBJALTES&WTBzzS 2,Y84 1,b91 2,600 1,265 1.500 ;TOTAL CHARGES FOR,SERVCX8 i $48,9gr J ,+�p�•i $42,846 $42,500 p,OpgS SPECIAL ASSESSMENTS ^ 3610i:SPEClALASSESSMENTS 36102. ,.! _... T.... OAO_7a DELINQUENT SPECIALASSESSMEN7'S _ _._ .... ..... - ..._ 0� .. ..... ........ 0• 0� 0: 0' 00090 36103 PENALTES & I[JTEREST a a _.... �.... o ......... o ... . . o n t -. - TOTAL SPECIAL ASSESSMENTS 1 j a0 S0 30 SQ ; SD o oo�s ! ...., i MISCELL.ANcOUS 36700 . MISCELLANEOUS -- . ... 0I .. ...-.__ _ 3621D WTB?ESTINCOP�IE 39200 OPERP TTIG l RANSFERS d,211 i w r. I... ti...._. 3.470 r �_ .. 5,210 2(256 5,20Q y0 �BIGI i o of 0 o o DAM � 'TOTAL MISCELLANEOUS . } ._. ... TOTAL REVENUES ( ...... ...... a4T,868 .. ......_-,... 561,72lS i $47,770 , $45,102 i $47.700 EXPENDITURE BUDGET (.._ SUPPLIES 3 t i _ 1 _. J ... ..... 201 : OFFICE SUPPLIES - __ .. 50 0€ oI 500% p - � 0. 210 PERATWG SUPPLIES 0 ' 0 pp% { 212 POSTAGE ; 6,41E .5.4 ,. .. __ .. 0 , 0. -..,..__. ._.. ._.__. _.. .. 138 _...._.._ 0.1...........250 0: 0 250• RMW T._.._....._..__._.... 250 SALES TAX 0 0 0. O.i10%{ s "TOTAL SUPPLIES 5138 $5� 19 ST50 50 : $750 j 0_D 'OTHER SERVICES & CHARGES `• 301 'AUDITING-SERVIC p -, -- .. i . ' :..-- 302 ENGNEERING FEES ..-.. .. 1,278 - �..? 0' 2,TDO E......... 5,000 ;•- 2-- .. - .0 2.800 ...S,00O i 3.70%' 318 . M C.ES. CHARGES 25,714 2.. Fj 2_...4.._.,.85_4 27..,57.5 6_.0.8% 379 LOCATES �41906 ...=.v :.., .0. .....30,000 .. . SERVICE l� .., 149 .7_..e,.8 _4 ..:r. S329N......_..._. 2 ..... _., _ 0 _20 %FANCIAL 2000O 334 COGffJTBR SERVCES ... .... , 1 618 210 75 .1.......... •; 566.67%; i400 6i/MAiNT ANCS ..... ... _.._ .. _... .. . ...... ...... ..... ......_ ... ...... 37 i 4.000 _......_.:---...... 0 ..._.--.--.. 4,000 ! ....- 0.00°/ 420 DEpRECIATK}N 433 'DUES 12,457 ; 12,457 ; 12,500 ` 0 12,500 ; •• _ 0.00%: 8 SUBSCRPTgNS 0 0 I _p OD%' 460 SE - - ... - _.... .... I............, _.......,.. D ; D . 0 . 0 V _ 0 000%' 461 SEWER FLUSH14G 0i ---• __.. O, _ _ 12,QD0 � ...... _ � � 12 OQO _ Q_DD%' TOTAL OTHH4SEFRVICES �, - ._............:............ $41,122 L i41,922 589,775 a28,038 S67,875 i CAPITAL OUTLAY $40 'HEAVY MACH] o t a) oi. - .. 7 a. _._.. ... . ._.. 530 OTHER EQUF1P64 &' IMFROVEMU- 4TS, U :... .O '. _ .. 0.� .. _.. .0 I .. .... . - j... 720 OPERATING TRANSFEf2$ I 0 0' 0 t •-• t .0.00°0 3 - Oi 0i O,OD°/ TOTAL CAPITAL OUTLAY i , $0 . ¢� .... _.... $0 a0 SO 0.00 i TOTAL EXFBJDM-RE BUDGET 541,260 : 547;341 ? $70,525 ; _...._.-;............... $28,038 ' ... . . 368,825 � -2.69 FUND BA- T $440,399 : $459,464 _.8 . .. _... 5463,848 . 6 $4fi3,848 ' $480,912 :.. EJCCESSREVENUE OVER EXPENDFURES; $6,608 : $4,384 (522,815} $17,064: ($20,925) DEDUCT INFRASTRUCTION ACIDTIONS .... .... $0 so .. ..........- so i ADD BACK DEPRECIATION $12,457 $0 $12,500 .... ........... $0 $12,500 '. { FUND BALANCE- DC-CEM R 31 = a459,464 : S463.848 5453,533 .` 5480,812 ' $472,487 4.1$yP�( WVESTfvENTININFRASIRUCR](a--- 1 5480,73E - S46B,262 5468;282 5488,282 ` 5468;282.+ ADDMONS [DELETION1j q 50 $o SO..< DEIRECLATION ; [S12,457)' $0 : ($12,500); $6: [$12,500Jl NET INVESTMENT IN INFRABTRURE ! $468.262 $468,282 $455,782 ' a468;282 , $455.782 io.olru. 59 WATER OPERATING FUND ENTERPRISE FUNDS ACTIVITY DESCRIPTION: The Water Operating Fund is responsible for the maintenance of all waterlines in the.City. The Water Operating Fund is self-sustaining from revenues derived from utility charges. GOALS: 'I. Keep all water lines functioning safely. and efficiently. MEASURABLE WORKLOAD DATA: Gals. of Water Used BUDGET COMMENTARY: 2Q16 2017 2018 201:9 ACTUAL ACTUAL ACTUAL ESTIMATED 9.00 0.00 a.aa :1 o,000 The main revenue source. is water revenues, which are based on.the number of gallons used. Water charges are estimated.to generate revenues of $6,000 and currently no rate increase was used to estimate 2919 revenues; however the rates will be monitored to be sure customers are paying for the operations and replacement of the system. Interest 'income is another revenue source and is based on estimated. interest earning. On the expense side, the largest expense within Other Services and Charges are the charges from other communities for the use of their water system. e BUDGET: REV S\0 JE BUDGET -' ? ... .. .. 1lnonols . 1 .... 112orzgjT1 i ACCT.: 2016 2017 2018 43434 2019 % j # ACCOUNT DESCRIPTION r AC'iUAt ( AC7LIf1L J ADOPT® ACTUAL ADOPTED -CHANGE . .C, . CHARGES FOR SE VCIES 32246 . SALE OF WATER fvETE32S .. .. ......... . 56 ', $o $0 $s6a 8 - - •• F ' . 34410 LOCAL WAC CHARGES o -: I _. 0 ; 0 : - 9,000 2 S1 ,OOp . 34500. WATER REVENUES - RESIDENTIAL 0 0; 0 ' - .- - 34600 WATE3'. REVENUES - COMIMT�CTAL : p g,ppp € ' 0.00%• 34640 CERTIFED SEWER REVENUES p I i .0 d o - •o• _ . . � , 34650I I'9NALTI)=S & INTERESTii_ 0 Q 000% TOTAL CHARGES FOR SEE2VICE$ 50 a $0 .01 888 f S1>a,200 0.00°.6 . ,SPECLALASSESSMS4TS .. ( ... .. �. ... 1 36101 'SPECIAL ASSESSMENTS a 0 "s {• ' j :. 3610..: M-UNQUE3NT SPECIAL ASSESSfv1H1IT5 p 0 A pal - 36103. PENALTIES S INT»ST �--....... .� � 0. 0 a• � _ Al 0 ( 0:0096, ;TOTAL SPECIAL. ASSEssroE TS ... .ao So j D 0; go i a 3 SD ., 0.00%i . ... ' s .SO i t _ ._ NBSC>3LANE-pU8 ± I t ! d !S . .: 36200: NISCELLANEOLIS S 0 0 I A 0 � 36210 FS YNTERT INCOMIE c •0 .. 0 ' .... '0 1 •4 J• t 39200 .OAi32AT1NG TRANSFERS E :p ' 0 0 ! 0; 0 (pOgb !TOTAL M➢SCELLANEOUS ap r.. .... _. ��.. _.. __..... $0 $0:64 830I TOTAL REVBNUSS {f0 : $0 : ---..... ............................... SO J $9.872 , .... .... $19,230 _., .' 0:ii ;E76HN6ITUREBUDGET.. ..- ... f• i .. ...... ( ..... .... . SUPPLIES . . 201 '.OFFICE SUPPLIES. .. -- < .. G j .... .. i.. . _. .. .. - .. .. 0.00% 210 : OPERATWG SUPPLES 212 iPOSTAGE j 0. _...... ._.. 250 !SALES TAX { 0 i o; o0oi. o ` 'TOTAL SUPPLIES ; 50 i $0 i $o ; g s $5.9a . oTrrR saRv,cE_s & cI-wRGEs _ ... _ _. _ . _.. �..„....� .... .�� ...__�„. ........... i 301 AUDITING & AOCAUtMNG SERVICES Q . 302 BNC+EERNG FED ... ...' - 318 ; WATEt CHARGES t. ... _ o ' ... . _ 0.00� 319 !LOCATESo1 .......... .... ._ .... . 329FP14tJCIAL y. ... _._. `....... .. o o ! ..._ ... .... �p. .. _ 0 0 004.0; SE7VICE _ . .....__..._.... o 0 o. d 0 0.00%` : 334 ! GOA�UTH� SERVICES _H. l........ o o ; ...... • _ .. . 385 wATEWSEVJ13i U77LmFS _........ �....- _ . _ ...... •...._. 5 0 00%i • : 0.0.....; 400 ;REPAIR/fv1AtirE LANCE ....,,fl:....-..., :61 _. 420 �DEPRECIATION ..._ ._ €..._. _ ..._._....� ....... .. .... •O J. .. .O 0.00°0 433 'DUES &SUBSCRIPTIONS ., ........ -.. ......... ... ........ �• -' . _ _.... . _... ... 0i ..... '. - 4 0 ! •... ..--- 0 0:0 460 SEWER NtSPECTIONS C .. ....... o .... .. , .... 461 'SEWER F1_LISHANG 1... _. _ . _. .0 ....... ° .. a : ..... 0! o o 0.00%;; ....... :. TOTAL OTHER SHiVICES &CHARGES $p; �...... y i $O ! $O 0.; $5;640 ' 0' $5000 o. OO�i 0.00% CAPITAL OUTLAY } i ' 540 HEAVY MACI4NERY/EQUIPM$N'f i �.. :� ... •p : . $30 :OTHER... EQU PNF7•JT & iN✓?F20V EJETfTS .. 0 0 0 (.. 0; 0 0 0.004'° OPERAT9NG TRANSFERS - ... ..f p• .... 0 0 0 0.00%' .720 TOTAL CAPITAL OUTLAY .0 - 0 �Q O . S.. 0.00°0 0 ;TOTAL E(Pf3NDTfUREBUDGE�' _„._+....-. ..._.--.i..-•,.._.....__..._ $0 _; _ $0 _....-. .. $0 ... ._ $12.628 . $5,000 , 0.00%: FUND BALANCE- JANUARY 1 ...... ... . . $0 : ...•$0 :... $0 $0 {$2.755} ..... �. . EXI366 R- IBNL,fEOVERIXPI3NDl7URF5 $0 :§0 $0't : (52.756)` $14,230 . .... .• DEDUCT WFRAS7RUCTION A DDTIDNS .. .. $U � � $0 $0 ! ..... $0 � . - . SO .- _... ! ADD RACK DEPRECIATION ,.... $0 .. ..$ .... $0 ... , so : $D ; ., $� .FUND BALAfYC:E:.p.... .. 6i31 $0 ' SD : So ($2.756): , $11,474 0.0017 k ESTM EN T IN.1hFFRgSTRUCTURE $0 .. ... .._. ..59.,.. $0 $0 i so . ADDrTIONS (DELETIONS) $0 SO $0 $0 50 DEPRECIATION so .. .... .$U , . 50 50 $0 i ;. NET INVESTLE TT fiN INFRASTRURE $0 $0 $0 So $0 0,00F 61 THIS PAGE INTENTIONALLY LEFT BLANK 62 63 SUMMARY OF TAX LEVIES, PAYMENT PROVISIONS, AND MINNESOTA REAL. PROPERTY VALUATION The following is a summary 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 by dividing the Taxable Market Value of a given year by the same year's sales ratio determined Iby the. State. Department of Revenue. The Indicated Market Value serves to eliminate disparities: between individual assessors and equalize property values statewide. Net Tax Caoaci The Net Tax Capacity 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 property taxes levied by local governments in. Minnesota are extended and collected by the various counties within the State. Each taxing jurisdiction is required to certifythe annual 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 treasurer on.or before the first business day in March. The countyytreasurer is responsible for collecting all property taxes within the county. Real estate 64 and personal property tax statements are mailed out by March 31. One-half (1/2) of the taxes on real property is due on or before. May 15. The remainder is due on or before October 15. Real 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% or 8% on June 1. Thereafter; an additional 1 % penalty shall accrue each month through October 1 of the collection yearIfor 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% ar 12% on December 1. Personal property taxes remaining unpaid on May 16 are deemed to be delinquent and apenalty of 8% 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 following collection all delinquencies are: subject:to an additional 2% penalty; and .those delinquencies 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 judgment is subject to a variable interest determined.annuaily by the Department of Revenue, and equal to the adjusted prime rate charged by banks, but in no event is the rate less 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 10 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 respective taxing .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 - 406/.: Property Tax Credits (Chapter 273, Minnesota Statutes) in addition to adjusting the taxable value for various property types, primary elements 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 aimed 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 aicls, focal govemmental aid, equalization aid, county program aid and disparity reduction aid. Debt Limitations All Minnesota municipalities (county, cities, townships and school districts) are subject,to statutory net debt" limitations under the provisions of Min nesota.Statutes,. Section 4.75.53. Net debt is defined as the amount remaining after deducting 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 of the following:. Obligations issued for improvements which are payable. wholly or partially from the proceeds of special assessments levied upon benefited property. 65 2. Warrants or orders having no.definite or fixed maturity. 3. Obligations payable wholly from the income from revenue producing conveniences. 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, heating or power systems, and any combination thereof; or for any other public convenience from which revenue is or may be derived. 6. Certain debt service loans and capital loans made to school districts. 7. Certain obligations to repay loans. 8. Obligations speclfically excluded under the provision of law authorizing their issuance. 9. Certain obligations to pay pension fund liabilities, 10. Debt service funds for the payment of principal and interest on obligations other than those described above. Levies for General Obligation Debt. (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 iin 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, more commonly know as "Fiscal Disparities" was first implemented for taxes payable. in 1975. Forty percent of the. increase in commercial -industrial. (including public utility and railroad) net tax capacity valuation since 1971 in each assessment district in the MinneapolislSt, Paul. seven -county metropolitan 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. R STATUTORY FORMULAE CONVERSION OF ESTIMATED MARKET VALUE (EMV) TO NET TAX CAPACITY FOR MAJOR PROPERTY CLASSIFICATIONS General 2001 Net Tax Capacity Classification Est. Mkt. Value % of EMV RESIDENTIAL: Homestead First $76,000 1.00% Over S76,000 1.65% Non -Homestead First $76,000 1.20% Over $76,000 1.65% AGRICULTURAL LAND: Homestead First $115,000 0.35% $115,0004600,000 0.80% Over $600,000 1.20% Non -Homestead 100% of EMV 1.00% COMMERCIAL / INDUSTRI 2002-2019 Net Tax Capacity Est. Mkt. Value % of EMV First $500,000 Over $500,000 First $500,000 Over $500,000 1.00% 1.25% 1.00% 1.25% First $600,000 0.55% Over $600,000 1.00% 100% of EMV 1.00% AL First $150,000 2.40% First $150,000 Over $150,000 3.40% Over $150,000 CITY PROPERTY TAXES (no change in ESTIMATED market value) $2 ,500 $2,000 $1,500 $1,000 $500 $0 1.50% 2.00% a»u,uuu/.�Tzb,zbu $250,000/$235,260 $350,000/$344,260 $450,0001450,000 $550,000/$550,000 TAXABLE MARKET VALUE OACTUAL 2013 §ACTUAL 2014 OACTUAL 2015 GACTUAL 2016 OACTUAL 2011 Proposed 2018 67 $3,500 $3.000 $2,500 $2.000 $1,500 $1,000 $500 $0 L CITY PROPERTY TAXES {8.0% Increase in ESTIMATED market value) 61m] 81 $1,52551.562 S936 $140,712 $234,520 $328,328 $422,136 $515,944 TAXABLE MARKET VALUE NACTUAI 2015 13ACTUAL 2016 ■ACTUAL 2017 RACTUAL 2018 Estirrmed 2019 S2.199 S2,509 $2.857 S2.58' CITY OF GEM LAKE 11/17/2015 11/15/2016 11/21/2017 11/20/2018 PROPERTY TAX CHANGES 2016 2017 2018 2019 Final Final Final Final Levy Levy Levy Levy GENRAL LEVY 225,026 363,294 369,252 395,988 DEBT LEVY: GENERAL DEBT LEVY 0 0 0 0 CAPITAL IMPROV. PLAN BONDS 70,000 75,987 84,399 77,989 2016 IMPROVEMENT BONDS 0 0 0 0 2018 IMPROVEMENT BONDS 0 0 0 612 TOTAL DEBT LEVY 70,000 75,987 84,399 78,601 TOTAL PROPERTY TAX LEVY 295,026 439,281 453,651 474,589 LESS: FISCAL DISPARITIES 6,365 9,953 9,953 11,858 NET PROPERTY TAXES 288,661 429,328 443,698 462,731 % CHANGE 15.78% 48.73% -11.98% 0.00% TAX CAPACITY 977,703 1,052,436 1.128,008 1,166,544 TAX RATE 29.524% 40.794% 39.335% 39.667% MEDIAN VALUE HOME 227,800 246,900 262,850 283,800 TAXABLE MEDIAN VALUE HOME 214,138 231,519 246,034 265,098 TAXABLE TAX CAPACITY 2,141 2,315 2,460 2,651 CITY TAXES $632.23 $944.45 $967.76 $1,051.56 68 - - i ,! CITY- OF GEM LAKE, MIS City Hall -42.Ottr .ee Road .Gem Lake, MN 55 i 10 RE$OLIYrION NO.2018-35 *20 N.OVEMBER.2018 A. RESOLUTION ADQPTiNG THE FINAL GENERAL FUND BUDGET AND FINAL AMOUNT TO BE RAISED BY PROPERTO' TAXATION FOR THE YEAR 2019 WHEREAS, the City Treasurer has presented a TOTAL (Proposed) Budget of $464,873.00 which includes a General Tax Levy of.$385,088;00 and a Debt Tact Levy of $78,601.06 for fiscal and calendar year. 20.1.9 based upon best estimates of costs for running thc.City of Gein Lake in:2019; and WHERE, AS,.the City Council did reviewi oti November 20, 201 S, the: TOTAL Budget. and Tax Levy -for 2019 incl.udirig all revisions thereto as:of the date first written, NOW, THEREFORE HE IT RESOLVED, that the City Council of the City of Gem Lake does Formally adopt the: 2019 Final General Fund Budget of $464.87.160 dod the Final Property Tax Levy of S463.089.;00 which includes a General Tax Levy of $385,088.00 and a Debt. Levy Of $181601.00 for 20:19 as prepared by the City'Treasurer and amended by the City Council; BE IT FURTHER RESOLVED that the City Clerk is charged with Certifying said Tax and Debt Levy to Ramsey. County Property Ta>cation and other .government bodies for Whom this :information is required; The foregoing Resolution was offered by Cbuncilor and was supported by Cbtincilar=d was declared adopted based upon the following vote: NAME UZPEN �rCACI.OPPOO LINDNER. KVNV i.ARTIG Volt a sent 1 yea yea _"_"`yea I S1i�U eial t;Y J' Attes! . 1, Gloria Tessier, the:dulyqualified City Clerk for the City of Gem Lake, County of Ramsey, State of iMinnesota, iio hereby certify chat the foregoing Resolution is;a true..and accurate representation of action taken by the City Council of the. City oi'Gem I.Ake on. the date first written. Lout; for us.on`tlte World. Wtck Web at getalaketimorg 10 GLOSSARY OF TERMS ACCOUNT:. A term used to identify an individual asset, liability, expenditure control, revenue. control, or fund balance. ACCOUNTS PAYABLE: Amounts owed toothers 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 arerecorded 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 activity performed in the discharge of the "Public Safety" function. ADOPTION: The formal action taken by the Town Board. to authorize or approve the 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. ASSESSMENTS:. Charges made to parties for actual services or benefits received. ASSETS: Property owned. by a governmental unit, which has a monetary value. .AUDIT: The examination of 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 resu€ts:of financial operations of the constituent funds and balanced account groups ,af 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 unit's 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.responslble for the financial resources of 6 governmental unit. 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 balancelfund, 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 other revenue. by ad valoremor BUDGET: A plan of financial operation embodying an estimate. of proposedexpenditures 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 against the background of financial experience in recent years and presents recommendations made by the Clerk/Treasurer. BUDGET CALENDAR: 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 budgetfor the purpose of keeping expenditures within the limitation of available appropriations. and available revenues. CAPITAL ASSETS: Assets with a value of S1,000 or more and a useful life of 3 years br. 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 Cou nty Auditor. CHARGES FOR SERVICES: Charges for current. services. rendered. 71. CHART OF ACCOUNTS: The classification system used by 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. cost. of living (i.e., economic inflation). CONTINGENCY: IBudget for expenditures which canno# 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 revenges or unexpected expenditures. CURRENT: A term which, applied to budgeting and accounting, designates the operations of the present fiscal period as opposed to past: or 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 ofresources 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 .OfiFcers Association to encourage governments to prepare effective budget documents. EFFECTIVE BUYING INCOME (EBB): A statistical measure of buying power of an area or group of individuals. (ENTERPRISE FUNDS: To accountfor 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..a..ccounts.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 pay[nents for the above pu.rposes..are made. FINES: Revenues from .penalties imposed for violation of laws or regulations. 72 FISCAL DISPARITIES: A Minnesota law enacted in'1975 which provides for the pooling of 40 Y percent of all new commercial and industrial property valuation in the seven county metropolitan area and then redistributed to. taxing jurisdictions according to specific criteria. FISCAL POLICY: A government's policies with respect to revenues, spending, and debt management as these relate to government services, programs. 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 number of employee 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. and/or 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. anal fund liabilities (the equity) in governmental funds. FUND 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 to do :so bythe.governing. body. FUND BALANCE COMMITTED: Segregatim of a. portion of fund. balance that represents resources.whose use is subject to a legally binding constraint that is imposed by the government itself at its highest level of decision -making 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. fund 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. 73 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 (GO) 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 achievement in a given period. GOVERNMENTAL ACCOUNTING. The composite of 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 serviceand capital projects.. GRANT: .A contribution of assets by onegovernmental 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 homes. 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/fNFIL.TRATION (UI): 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#o the governmental unit (i:e, roads, gutters, sewer lines). INTERGOVERNMENTAL REVENUES: Revenues from other governments in the form of grants, entitlement, or shared revenues. 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 to#al amount of taxes special assessments,. or service charges imposed by a governmental unit. LICENSES: Revenues received from the said of business and non-business.11censes. LIMITED MARKET VALUE: The amount the market value of a property can increase from one year to the next for calculating property taxes. The limited market value system was phased-qut by the State of Minnesota. 74 LINE ITEM: A specific. item or group of similar items definedby detail in a unique account in the financial records. LOCAL GOVERNMENT AID (LGA): Intergovernmental revenue from the state to municipalities 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 govemment-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 EXPENSE: 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 revenuesare 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 revenue in the receiving fund. ORDINANCE: A formal Iegisiative enactment by the Town Board. PAY-AS-YOU-GO BASIS: A term used to describe a financial policy by which capital outlays are financed from current. revenues rattier than through borrowing. 76 PERFORMANCE MEASURE: See Service Levels. PERSONAL SERVICES: Expenditures for salaries, wages, and fringe benefits of employees. PROGRAM: A group of related activities performed by one or 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: Abroad 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 further appropriation or expenditure. RESOLUTION: A special or temporary order of a legislative body; an order of a. legislative body requiring less legal formalitythan an ordinance or statute. RESOURCE5:. 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 fund's assets which:.1) 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 not represent an increase in contributed capital. REVENUE BOND; A bond that :is backedby 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 specific improvement 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. 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 oftaxing 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 available 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. TALC LEVY: The total amount to beraised 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: Cornpulsory.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 individuals, private organizations, other governments and/or other funds. TRUST FUND: A fund consisting of resources received and. held bythe 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 specific purpose and is'available for general. appropriation. USER FEES: The payment of a charge for direct receipt of.a public service by the {tarty benefiting from the service. WORKLOAD INDICATOR: A unit. of work to. be done. 77 ACRONYMS ACS Animal Control Services CAFR Comprehensive Annual financial Report CD Certificate of Deposit CIO Capital improvement Plan CP Commercial Paper CPl Consumer Price Index HACA Homestead and Agricultural Credit Aid EBl Effective Buying Income EDA Economic ❑evelopment.Authority EMV Estimated Market Value. FHLB Federal Homo Loaa.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 1/1 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 TIF Tax Increment Financing TVA Tennessee Valley Authority VLAWMO Vadnais Lake Area Water Management Organization WAC Water Availability Charge W BLCD White Bear Lake. Conservation District 78 t.