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F05. Resolution 5728 - Final Budget AppropriationsCity of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7000 Fax - (406) 758-7758 REPORT TO: Doug Russell, City Manager'�V FROM: Rick Wills, Finance Director SUBJECT: 2016 Final Budget Appropriation MEETING DATE: August 17, 2015 BACKGROUND: On July 6, 2015, a public hearing was held on the FY2016 budget. Following the public hearing several changes were made to the Preliminary Budget as outlined in the attached Final Numbers Memo and spreadsheets. Some additions include; the addition of two police officers at a total first year cost of $115,040 and partially funded by a grant for one officer, $534,392 to refinance the City Hall (Wells Fargo) loan at 1.25%, and a $161,000 increase in the transfer from the Health Levy fund to accommodate the increased levy. The major reductions are; $140,000 less budgeted for transfer to the ambulance fund due to better than expected revenues in fiscal year 2015 and increased revenue expected for fiscal year 2016, a sharp decline in the current taxable value of the Westside TIF resulted in a $1,000,000 necessary decrease in redevelopment expenditures, the cancellation of the CDBG — ED grant ($101,258), and adjustment of project carryover expenses in the enterprise funds ($308,647). Overall, the final budget amount of $50,287,725 is $634,117 less than the Preliminary Budget of $50,921,842. RECOMMENDATION: It is recommended the City Council approve Resolution 5728 adopting the final budget appropriations for fiscal year 2016. FISCAL EFFECTS: $50,287,725 in final budget appropriations. ATTACHMENTS: Resolution 5728, Final Budget Appropriations Final Numbers memo RESOLUTION NO.5728 A RESOLUTION SETTING THE ANNUAL APPROPRIATIONS FOR THE CITY OF KALISPELL, MONTANA, FOR SPECIAL REVENUE FUNDS, DEBT SERVICE FUNDS, CAPITAL PROJECT FUNDS AND PROPRIETARY ENTERPRISE FUNDS AS SET FORTH IN THE 2015-2016 BUDGET ADOPTED BY THE CITY COUNCIL. SECTION 1. That the annual appropriations of the City of Kalispell, Montana, and the same are hereby fixed as follows: GENERAL FUND SPECIAL REVENUE FUNDS: On -behalf Payment -retirement Tax Increment -Airport Tax Increment-Westside Parks In Lieu Parks & Recreation Fund Ambulance Fund Old School Station Tech TIF Old School Station Industrial TIF Public Safety Impact Fee Fund Health Insurance -permissive levy Building Code Enforcement Light Maintenance District Gas Tax Special Street Maintenance Urban Forestry District Developer's Trees MACI Grant Community Dev. Loan Revolving Community Dev. Loan Revolving #2 Community Development (UDAG) Rural Development Loan Revolving Fund Rural Development Loan Revolving Fund #2 Homeland Security Stonegarden Grant Drug Enforcement Grant CHRP Grant Law Enforcement Block Grant Brownfields Loan Revolving Fund Fire Grants Fund Hazmat Grant Trails/CTEP APPROVED APPROPRIATIONS $ 10,446,863 1,300,000 1,283,548 4,085,448 1,277 1,641,834 1,224,725 89,000 10,000 495,085 936,000 488,011 338,386 609,661 2,588,348 291,679 94,052 375,839 102,710 151,000 420,795 172,075 120,250 65,749 92,367 58,250 158,986 810,713 121,825 61,078 11,000 DEBT SERVICE FUNDS: G. O. Bond — 2012 Refunding 503,313 City Hall Debt Service 691,145 Sidewalk & Curb Debt Service 10,146 SID Debt Service 477,858 Airport TIF Debt Service 629,573 Westside TIF Debt Service 32,340 CAPITAL PROJECT FUNDS: Sidewalk & Curb Construction 25,000 ENTERPRISE FUNDS: Water Fund 5,055,853 Sewer/WWTP Fund 9,689,156 Storm Sewer 1,879,677 Solid Waste 1,426,144 Airport Enterprise Fund 166,798 INTERNAL SERVICE FUNDS: Data Processing 588,746 Central Garage 465,421 TOTAL ALL FUNDS $ 50.287.725 SECTION 2. The City Manager and Finance Director are hereby authorized to transfer any part of an unencumbered balance of an appropriation to a purpose or object for which the appropriation for the current year is insufficient or to transfer between items appropriated within the same fund. SECTION 3. The City Manager is hereby granted budget amendment authority for the expenditure of funds from any or all of the following: debt service funds, enterprise funds, internal service funds, trust funds, federal and state grants accepted and approved by the City Council, special assessments and donations. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 17TH DAY OF AUGUST, 2015. Mark Johnson Mayor ATTEST: Judi Funk Deputy City Clerk City of Kalispell p Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone 406 758-7000 Fax - 406 758-7758 /LIONTA NA � P ( ) ( ) REPORT TO: Doug Russell, City Manager FROM: Rick Wills, Finance Director SUBJECT: FY 2016 Budget -Final Numbers Memo MEETING DATE: August 17, 2015 The City Council approved the Preliminary Budget on June 15. A public hearing was held on July 6, 2015. Since that time the budgets have been reworked to reflect the actual costs for FY2015 and a spreadsheet is provided with the changes to the Preliminary Budget. Changes occurring as carryovers are adjusted from estimates to actual numbers. Enclosures are lettered A- D. A — Changes to Preliminary numbers - The General Fund budget total decreased by $12,858, The general government budget was increased to reflect the actual cost to the general fund for insurance and a change in the fees charged by the State of Montana to file the City's annual report. Other changes to the general fund included increases to cover the cost of two additional police officers, and a decrease to adjust the amount needed to transfer for ambulance operations. Additions and reductions to the preliminary budget are itemized on the two page spreadsheet. The largest reduction is $1,000,000 in the Westside Tax Increment Finance (TIF) Fund. Staff based the preliminary budget on anticipated property taxes of $840,000. However, when the City received the 2015 certified taxable values from the Montana Department of Revenue, due to revaluation and other circumstances beyond the City's control, the current taxable value of the TIF district is less than the base taxable value resulting in no property tax revenue. The largest increase was to refinance the City Hall (Wells Fargo) debt. The refinance through the Montana Board of Investments (BOI) is a variable rate loan that is adjusted every February and currently is 1.25%. The fixed rate loan being refinanced was at 4.85%. Most of the other reductions and increases are grants and projects adjusted for the carryover of remaining funds, or expenditures/expenses changed from estimates to actuals. B - Included for your information is the two page General Fund Revenue Recap. The recap reflects the actual 2015 revenue and the ending cash carryover balance for 2015 (balanced with the City's General Ledger). The estimates for tax collections for FY16 are again more conservative than the mill value times the number of mills — actual collections are often quite different. The bottom of Revenue page 2 reflects that our cash carryover has decreased to 14.8% at yearend due to the $1,300,000 loan from the general fund to purchase properties at the Old School Station Industrial/Technical Park. General fund actual expenditures were $259,293 under budget. The FY2016 budget expenditures are higher than the FY2015 budget mainly due to increases in public safety department expenditures. There is an increase in revenues which is primarily related to property taxes due to growth. The FY2016 yearend carryover is budgeted to increase to over 17% of revenues. The statutes allow a 50% carryover since tax revenue is collected twice a year. A 15-20% carryover is helpful for cash flow purposes. Pages B-3 and 4 is the General Fund appropriation summary. C — Fund Position for all funds is presented on the two page Fund Position spreadsheet which has been revised to reflect the actual beginning cash in each fund, anticipated revenue and final budget expenditures. The budgeted expenditures total matches the appropriation resolution. D — Department of Revenue values and levy calculation. Our mill value for fiscal year 2016 is $37,953, a decrease of $1,569 from last year. When the mill value is reduced for the newly taxable amount to compare to the prior year it results in a mill value of $35,732 (see D-2). The adjusted mill value we had last year was $38,756. The floating mill as calculated with the information from the Department of Revenue (see D-2) results in the City of Kalispell being authorized by HB 124 to levy 174.60 mills (the mill value changes daily so this is a number that may not relate to what the County Treasurer bills, or we collect). The 4.50 authorized, but not budgeted to be levied, mills can be levied in the future if needed. D-3 is a 5 year history of the levy. The permissive health insurance levy was increased by 4.50 mills, from 18.5 mills to 23. This levy is determined by calculating the difference in contributions to health insurance made by the City in the base year (2000) and the contributions that will be made in the year of the levy. This difference is divided by the mill value to arrive at the allowed levy (see D-4). The levy for the G.O. Bonds is the same as fiscal year 2015 at 12.5. The Airport TIF district incremental value decreased slightly for the 2ad consecutive year. The Westside TIF incremental value reflects a substantial decrease as discussed above. The incremental values of the Old School Station TIF districts each decreased about 10% after a small increase in 2014. BUDGET FY2016 - CHANGES TO PRELIMINARY NUMBERS General Fund FY2016 Additions Preliminary Budget Correction s/deletions Changes and questions. carryover items ORIGINAL PRELIM BUDGET 5 11.-,59.721 GENERAL GOVERNMENT 1000-400-510310-513 Liability Insurance to actual $ 12,255 1000-400-410530-331 Annual Report Filing Fees New State fees sched. $ 1,535 1000-400-410530-354 GASB 45 update per bid $ (300) 1000-400-510330-516 uninsured loss trend increase $ 10,000 1000-400-510330-517 Property Insurance to actual $ (700) $ 22,790 CITY MANAGER 1000-401-410210-373 Dues & Training professional development $ 13,000 FIRE 1000-416-420400-820 POLICE DEPT. 1000-413-420140-lxx 1000-413-420140-828 2188 Westside TIF 2188-480-470230-720 2372 Health Levy 2372-400-521000-810 2500 Special Street Ambulance Transfer adj to actual $ (140,000) Salaries new patrol position $ 56,790 Transfer proposed new COPS Hiring Grant $ 34,562 $ 91,352 Total General Fund changes: $ (12,858) FINAL BUDGET - GENERAL FUND $ 11,746,863 SPECIAL REVENUE FUNDS Redevelopment reduce to available Operating Transfer increase to available $ (1,000,000) $ 161,000 2500-421-430264-532 rent prepay (city hall refi) - 4.5 years $ (1,416) 2918 Cops Hiring Recovery Program Grant 2918-413-420140-xxx Personal Services police grant $ 58,250 2945 CDBG - ED 2945-480-470242-820 Admin. Transfer grant closed $ (8,571) 2945-480-470242-790 Machinery/Equip. grant closed $ (92,687) $ (101,2.58) 2955 Brownfields Revolving Loan Fund 2955-480-470210-XXX various correct grant carryover $ 4,404 2956 Fire Grants 2956-416-420400-221 Safety Equipment new donation $ 2,600 TOTAL SPECIAL REVENUE FUNDS $ (876,420) A-1 DEBT SERVICE FUNDS 3170 City Hall Debt Service 3170-000-49010*-*** Debt Service Loan prepay - refinance $ 534,392 SID 345 3645-000-490300-610 Debt Service Increase for prepays $ 9,000 TOTAL DEBT SERVICE FUNDS $ 543,392 ENTERPRISE FUNDS 5160 Airport 5160-430-430310-362 Repairs and Maint. increase for necessary building repairs $ 8,000 5210 Water 52104474305x0-532 rent prepay (city hall refi) - 4.5 years $ (2,832) 5210-447-430550-935 Sheepherders Tank Mixer correct carryover $ (12,000) 5210-447-430550-937 Sheepherders Tank Backup correct carryover $ (9,997) 5210-447-430550-967 2nd Ave WN Water Main correct carryover $ (189,913) 5210447-430555-941 Meters from Impact Fees carryover $ 19,023 5210-447-430550-948 Meters from Meter Funds carryover $ 113,240 $ (82,479) 5310 Sewer 5310-455-430640-940 Coat Equalization Basin correct carryover $ (60,000) 5310-455-430645-940 Machinery & Equip. correct carryover $ (80,000) 5310-4544306x0-532 rent prepay (city hall refi) - 4.5 years $ (2,832) $ (142,832) 5349 Storm Sewer 5349-453-430246-532 rent prepay (city hall refi) - 4.5 years $ (1,416) 5349453-430246-953 Willows Improvements reduce carryover/project complete $ (79,000) 5349453430246-953 South Meadows Ph. 3 reduce carryover/project complete $ (10,000) $ (90,416) 5510 Solid Waste 5510-460-430840-532 rent prepay (city hall ref) - 4.5 years $ (1,416) TOTAL ENTERPRISE FUNDS $ (309,144) INTERNAL SERVICE FUNDS 6030 Information Technology 6030-401-410580-lxx personal services increase .2 fte $ 11,147 6030-403-410580-354 Annual contracts adjust for accrual $ (9,334) 6030-403-410580-358 Email maintenance adjust for accrual $ (1,300) 6030-403410583-218 TVNideo Equip carryover funds from fiscal 15 $ 3,400 6030-413-410588-354 Police - server expense - unknown during prelim. budget $ 2,000 6030405-410588-940 Network Equipment carryover funds from fiscal 15 $ 15,000 $ 20,913 TOTAL INTERNAL SERVICE FUNDS $ 20,913 TOTAL BUDGET ADJUSTMENTS-8/17/15 A-2 GENERAL FUND REVENUE AND SUMMARY FUND: 1000 MILL VALUE $ 39,335 $ 39,522 $ 39,522 $ 37,953 ACTUAL BUDGET I ACTUAL I BUDGET FY13/14 FY14/15 FY14/15 FY15/16 GENERAL FUND MILL LEVY 131.70 134.40 134.40 152.20 PROPERTY TAXES: 311100 Real Property Taxes 4,921,834 5,036,907 5,579,079 5,418,805 311105 PILOT payment 23,482 23,500 24,090 24,090 311200 Personal Property 290,887 88,093 113,117 112,000 312000 Penalty & Interest 10,665 10,500 18,309 10,000 SUBTOTAL $ 5,246,868 $ 5,159,000 $ 5,734,595 $ 5,564,895 LICENSES & PERMITS: 322101 Alcohol Beverage 30,121 322300 General and occupational 1,376 323012 Planning fees & Sign permits 22,684 323109 Zoning & Site Plan Review Fees 13,855 323200 Parade Permits 700 323300 Animal licenses 1,962 30,000 26,831 30,000 1,300 1,465 1,350 20,000 38,050 38,000 12,000 12,414 13,000 500 1,600 1,000 1,500 1,937 2,000 SUBTOTAL $ 70,698 $ 65,300 $ 82,297 $ 85,350 INTERGOVERNMENTAL REVENUE: 335030 MV Tax Ad Valorem 1,071 750 1,153 1,000 335076 Gaming Machine Permits 60,450 60,000 57,350 60,000 335110 Live Card Game, keno & bingo 5,669 3,000 2,650 3,000 335230 HB124 ENTITLEMENT 2,431,207 2,630,289 2,723,748 2,765,228 SUBTOTAL $ 2,498,397 $ 2,694,039 $ 2,784,901 $ 2,829,228 CHARGES FOR SERVICES: 341020 Administrative charges 479,240 341021 Grant Admin. (Planning, finance) 4,891 341025 City Collections/other charges 12,199 342010 KPD -Public safety fees 19,939 342014 KPD -School Resource Officers 86,000 342016 KPD -Regional Training /testing Reimb. 875 343018 Parking Permits, meters, boot removal 79,160 538,505 529,179 542,726 10,000 6,586 10,000 7,500 6,644 8,000 30,000 24,635 25,000 95,500 95,500 97,410 10,000 12,915 10,000 104,000 93,155 95,000 SUBTOTAL $ 682,304 $ 795,505 $ 768,614 $ 788,136 con't. i GENERAL FUND Revenue - Page 2 FINES AND FORFEITURES: 351035 Parking fines 351017 Technology fees 351000 City Court Fines & fees, admin SUBTOTAL MISC. REVENUE 362010 Golf Course Lease 362015 Insurance Reimbursements 362020 MMIA GASB 45 reimbursement 364030 Auction & misc. collections/donations 365015 Kidsport- lease reimbursement 365018 Band shell contribution 381060 Operating transfer 2372 -health insurance SUBTOTAL INVESTMENT REVENUE: 373030 Interest on Old School SID loan - 1.25% 371010 Interest Earnings TOTAL GENERAL REVENUE CASH JULY I (Includes designated $) OTHER CASH (Deductions)/Additions 12510 Loan repayment -employees 13360 Loan to Comm. Dev. (Old School Station) Relocation loan Cash TOTAL AVAILABLE FOR BUDGET EXPENDITURES CASH CARRYOVER (year end operating) Designated for Capital Designated Court Technology fees Designated for Bandshell Designated for Parking Total cash available Total General Cash Carryover Undesignated ACTUAL BUDGET I ACTUAL I BUDGET FY13/14 FY14/15 FY14/15 FY15/16 34,215 40,000 34,871 35,000 30,543 30,000 28,942 30,000 506,983 535,000 474,420 500,000 $ 571,741 $ 605,000 $ 538,233 $ 565,000 21,565 16,500 0 0 19,989 10,000 24,714 20,000 3,000 0 0 3,000 2,096 11,000 14,444 5,000 0 4,100 0 0 101 500 350 250 660,000 665,000 665,000 850,000 $ 706,751 $ 707,100 $ 704,508 $ 878,250 $ - $ - $ - $ 16,250 $ 7,220 $ 10,000 $ 12,779 $ 7,000 $ 9,783,979 $ 10,035,944 $ 10,625,927 $ 10,734,109 $ 1,928,157 $ 2,215,018 $ 2,215,018 $ 1,787,753 $ 1,585 $ - $ 1,225 $ - $ - $ - $ (1,300,000) $ $ 10,010 $ 5,755 $ 5,755 $ - $ 11,723,731 $ 12,256,717 $ 11,5479925 $ 12,521,862 $ 9,508,713 $ 10,019,465 $ 9,760,172 $ 10,446,863 $ 2,026,591 $ 2,058,325 $ 1,573,062 $ 1,870,058 $ 101,906 $ 101,906 $ 101,906 $ 101,906 $ 49,487 $ 39,487 $ 75,401 $ 65,401 $ 13,492 $ 13,992 $ 13,842 $ 14,092 $ 23,542 $ 23,542 $ 23,542 $ 23,542 $ 2,215,018 $ 2,237,252 $ 1,787,753 $ 2,074,999 20.7% 20.5% 14.8% 17.4% M. GENERAL FUND APPROPRIATION SUMMARY # FTE's approriated FTE's 1 1.5 1.33 3.2 4.67 4 General City Human Mayor Municipal Government Manager Resources Council City Clerk Finance Attorney Court 110 Salaries $ 135,220 $ 122,095 $ 63,107 $ 87,628 $ 216,869 $ 353,043 $ 226,725 114 Comptime Buyback & severance. Def. Comp. 121 Overtime & Spec. Assign PD, 250 153 Health Insurance 21,024 18,116 45,792 18,761 38,990 50,835 42,330 155 Retirement 14,287 9,223 2,428 6,650 16,442 26,780 17,149 TOTAL PERSONAL SERVICES - 170,531 149,434 111,327 113,289 272,301 430,658 286,204 210 Supplies/office/computers/Non-capital equip 218 4,500 300 600 l00 700 400 2,500 4,500 220 Other supplies, safety equip, ammo, 230 Supplies & FUEL; chemicals, concession sup 240 Uniforms 312 Postage 21,000 400 320 Printing, advertising, newsletter, books 4,500 250 8,000 1,500 330 Audit, filing fees 27,385 7,200 5,000 340 Electricity, natural gas 345 Telephone, web, cell, radio, security cameras 1,080 480 L,000 1,400 350 Prof. Services/League/911 disp./kidsport/Eagle 505,509 1,000 2,000 3,725 7,000 1,500 5,750 362 Maint. services, building, equip,radios,landscaping 6,600 360 Technology services (court) 40,000 370 Dues & Training, meetings, League meeting 23,800 4,300 14,250 2,500 6,500 7,000 6,300 380 Medical services 390 Other Purchased Services 5,750 500 Fixed Charges, Insurance, transfers 248,055 SUBTOTAL PURCHASED SERVICES/SUPPLIES 817,549 25,580 13,100 21,350 7,405 14,150 20,000 65,200 600 DEBT SERVICE 940 CAPITAL OUTLAY DEPARTMENT TOTAL 2016 $ 817,549 $ 196,111 $ 162,534 $ 132,677 $ 120,694 $ 286,451 $ 450,658 $ 351,404 2015 BUDGET (info only) $ 759,425 $ 182,261 $ 156,224 $ 122,142 $ 138,762 $ 266,550 $ 436,542 $ 342,583 GENERAL FUND APPROPRIATION SUMMARY # FTE's approriated 0.25 1.45 44 23.3 4.25 0.75 89.70 Public Planning Community Works Facilities Police Fire Department Development TOTAL 110 Salaries $ 17,364 $ 67,207 $ 2,777,542 1,598,212 $ 272,988 $ 45,105 $ 5,983,105 114 Comptime Buyback & severance. Def. Comp. 800 39,000 15,500 $ 55,300 121 Overtime & Spec. Assign PD, 123,000 40,000 $ 163,250 153 Health Insurance 2,943 15,550 544,051 293,544 49,726 5,724 $ 1,147,386 155 Retirement 1,287 4,872 349,660 210,981 20,677 3,586 $ 684,022 TOTAL PERSONAL SERVICES 22,394 87,629 3,833,253 2,158,237 343,391 54,415 $ 8,033,063 210 Supplies/office/computers/Non-capital equip 218 7,500 31,500 37,550 5,000 1,500 $ 96,650 220 Other supplies, safety equip, ammo, 6,800 53,500 17,500 $ 77,800 230 Supplies & FUEL; chemicals, concession sup 2,500 100,250 17,325 400 $ 120,475 240 Uniforms 1,500 15,000 $ 16,500 312 Postage 500 $ 21,900 320 Printing, advertising, newsletter, books 5,000 1,200 S 20,450 330 Audit, filing fees 2,000 500 $ 42,085 340 Electricity, natural gas 87,500 $ 87,500 345 Telephone, web, cell, radio, security cameras 285 250 15,500 6,000 750 750 $ 27,495 350 Prof. Services/League/91 I disp./kidsport/Eagle 1,850 30,800 19,000 6,000 700 1,000 $ 585,834 362 Maint. services, building, equip,radios,landscaping 32,500 49,500 15,500 $ 104,100 360 Technology services (court) $ 40,000 370 Dues & Training, meetings, League meeting 1,500 40,000 10,000 5,000 3,500 $ 124,650 380 Medical services 4,500 22,500 $ 27,000 390 Other Purchased Services 2,500 $ 8,250 500 Fixed Charges, Insurance, transfers 4,609 3,500 177,481 412,172 713 $ 846,530 SUBTOTAL PURCHASED SERVICES/SUPPLIES 18,244 162,850 498,731 560,747 14,563 7,750 2,247,219 600 DEBT SERVICE 16,881 $ 16,881 940 CAPITAL OUTLAY 28,700 121,000 $ 149,700 DEPARTMENT TOTAL 2016 $ 40,638 $ 279,179 $ 4,452,984 $ 2,735,865 $ 357,954 $ 62,165 $ 10,446,863 2015 BUDGET (info only) $ 39,522 $ 257,992 $ 4,218,218 $ 2,675,306 $ 355,246 $ 68,693 $ 10,019,466 CITY OF KALISPELL Fund Description 1000 General Fund General Fund- On -behalf payments Special Revenue Funds: 2185 TAX INCREMENT -AIRPORT 2188 TAX INCREMENT-WESTSIDE 2210 PARKS IN LIEU OF 2215 PARKS & RECREATION FUND 2230 AMBULANCE 2310 OLD SCHOOL TECHNOLOGY TIF 2311 OLD SCHOOL INDUSTRIAL TIF 2372 HEALTH -PERMISSIVE LEVY 2394 BUILDING CODE ENFORCEMENT 2399 IMPACT FEE FUND 2400 LIGHT MAINTENANCE 2420 GAS TAX 2500 SPECIAL STREET/TSS 2600 URBAN FORESTRY DISTRICT 2601 DEVELOPER'S TREES 2825 MACI GRANT 2880 CD LOAN REVOLVING 2881 CD LOAN REVOLVING #2 2886 COMMUNITY DEVELOPMENT 2887 RURAL DEVELOPMENT 2888 RURAL DEVELOPMENT #2 2915 STONEGARDEN GRANT 2916 DRUG ENFORCEMENT GRANT 2918 CHRP GRANT 2919 LAW ENF. BLOCK GRANT 2945 CDBG - ED GRANT 2955 BROWNFIELDS LOAN REVOLVING 2956 FIRE GRANTS 2957 HAZMAT GRANT 2975 TRAILS Total Special Revenue Funds 2016 FUND POSITION Resources Anticipated Proposed Estimated Available Revenue Expenditures Ending Balance/ Beginning Year Carry over $ 1,787,753 $ 10,734,109 S (10,446,863) $ 2,074,999 $ 1,300,000 $ (1,300,000) $ - $ 963,930 $ 497,171 $ (1,283,548) $ 177,553 $ 4,008,568 $ 280,400 $ (4,085,448) $ 203,520 $ 1,271 $ 6 $ (1,277) $ - $ 533,289 $ 1,530,915 $ (1,641,834) $ 422,370 $ 125,888 $ 1,121,000 $ (1,224,725) $ 22,163 $ 25,429 $ 70,095 $ (89,000) $ 6,524 $ 12,927 $ 6,600 $ (10,000) $ 9,527 $ 104,057 $ 872,500 $ (936,000) $ 40,557 $ 417,700 $ 381,000 $ (488,011) $ 310,689 $ 481,548 $ 87,500 $ (495,085) $ 73,963 $ 83,696 $ 376,400 $ (338,386) $ 121,710 $ 352,496 $ 406,748 $ (609,661) $ 149,583 $ 1,517,082 $ 2,321,000 $ (2,588,348) $ 1,249,734 $ 143,826 $ 270,600 $ (291,679) $ 122,747 $ 94,052 $ - $ (94,052) $ - $ 60,153 $ 315,686 $ (375,839) $ - $ 175,727 $ 26,850 $ (102,710) $ 99,867 $ 138,794 $ 28,000 $ (151,000) $ 15,794 $ 626,236 $ 111,122 $ (420,795) $ 316,563 $ 216,638 $ 62,928 $ (172,075) $ 107,491 $ 190,135 $ 20,004 $ (120,250) $ 89,889 $ - $ 65,749 $ (65,749) $ - $ 5,468 $ 91,614 $ (92,367) $ 4,715 $ - $ 78,250 $ (58,250) $ 20,000 $ 3,822 $ 158,986 $ (158,986) $ 3,822 $ $ - $ - $ $ 100,500 $ 710,213 $ (810,713) $ - $ 2,260 $ 119,700 $ (121,825) $ 135 $ 17,136 $ 44,267 $ (61,078) $ 325 $ 7,678 $ 9,982 $ (11,000) $ 6,660 $ 10,410,306 $ 10,065,286 $ (16,899,692) $ 3,575,900 C-1 2016 PAGE 2 - Fund Position Resources Anticipated BUDGETED Estimated Available Revenue Expenditures Ending Balance/ Beginning Year Carry over Debt Service Funds: SID Revolving Fund $ 283,466 $ 850 $ $ 284,316 G.O. BOND, series 2012 - Refunded Pool & Fireball $ 60,142 $ 491,722 $ (503,313) $ 48,551 NEW CITY HALL Debt Service $ 329 $ 692,145 $ (691,145) $ 1,329 SIDEWALK & CURB WARRANTS $ 765 $ 10,021 $ (10,146) $ 640 SIDS $ 552,335 $ 409,792 $ (477,858) $ 484,269 AIRPORT TIF DEBT SERVICE/Transfer to TIF $ 199,157 $ 646,369 $ (629,573) $ 215,953 WESTSIDE TIF DEBT SERVICE $ 871 $ 32,340 $ (32,340) $ 871 Total Debt Service funds $ 1,097,065 $ 2,283,239 $ (2,344,375) $ 1,035,929 Capital Project Funds: 4290 WALK & CURB $ - $ 25,000 $ (25,000) $ Total Capital Projects $ - $ 25,000 $ (25,000) $ - Enterprise Funds: 5210 WATER * $ 5,627,817 $ 3,294,000 $ (5,055,853) $ 4,705,964 5310 SEWER/WWTP * $ 6,733,784 $ 4,871,000 $ (9,689,156) $ 4,572,227 5349 STORM SEWER * $ 2,590,280 $ 1,016,500 $ (1,879,677) $ 2,012,103 5510 SOLID WASTE * $ 1,058,928 $ 984,936 $ (1,426,144) $ 767,720 5610 AIRPORT * $ 125,104 $ 74,908 $ (166,798) $ 131,132 Total Enterprise Funds $ 16,135,913 $ 10,241,344 $ (18,217,628) $ 12,189,146 Internal Service Funds: 6030 INFORMATION TECH. FUND * $ 141,510 $ 560,067 $ (588,746) $ 117,831 6010 CENTRAL GARAGE $ 25,214 $ 464,521 $ (465,421) $ 24,314 Total Internal Service Funds $ 166,724 $ 1,024,588 $ (1,054,167) $ 142,145 TOTAL CITY BUDGET $ 29,597,761 $ 35,673,566 $ (50,287,725) $ 19,018,119 * cash adjusted +$4,034,517 for non -cash line items (depreciation) Component Units 2700 BUSINESS IMPROVEMENT DISTRICT $ 57,258 $ 96,110 $ (148,734) $ 4,634 7855 TOURISM BID (pass tbru fund) $ - $ 525,000 $ (525,000) $ - Total with Component units $ (50,961,459) �W) REVENUE 201S Certified Taxable Valuation information (15-10-202, MCA) Flathead County CITY OF KALISPELL MONTANA Form AB-72T Rev. 3-12 1. 2015 Total Market Value* ............................... ....................................................................... $ 2,294,127,519 2. 2015 Total Taxable Value..... ........................................................................................ I .......... $ 38,953,059 3. 2015 Taxable Value of Newly Taxable Property.................................................................. $ 2,221,353 4. 2015 Taxable Value less Incremental Taxable Value** ............................................ I......... $ 37,952,794 5. 2015 Taxable Value of Net and Gross Proceeds*** (Class 1 and Class 2)........................................................................................... S 6. TIF Districts Tax Increment District Name KALISPELL B Current Taxable Value 1,337,249 Base Taxable Value 453,612 Incremental Value 883,637 KALISPELL C 6,663,338 7,932,918 - KALISPELL H 2O,890 126 20,764 KALISPELL G 96,254 390 95,864 Preparer Holly Dale Total Incremental Value $ 1,000,265 Date 8/3/2015 *Market value does not include class 1 and class 2 value **This value is the taxing jurisdiction's taxable value less total incremental value of all tax increment financing districts. ***The taxable value of class 1 and class 2 is included in the taxable value totals. For Information Purposes Only 2015 taxable value of centrally assessed property having a market value of $1 million or more, which has transferred to a different ownership in compliance with 15-10-202(2), MCA_ I. Value Included in "newly taxable" property S 35,212 II. Total value exclusive of "newly taxable" property $ 708,243 D-1 Mill levy calculation - Dept. of Revenue values for FY2016 DETERMINATION OF TAX REVENUE AND MILL LEVY LIMITATIONS UNDER HOUSE BILL 124 Ad valorem tax revenue authorized to be assessed 2014-2015 Add: FISCAL YEAR 2016 INFLATION ADJUSMENT @ 0.67% Section 94 (1)(a) 41,532 Less: FY15 SB96 Reimbursement through Entitlement Share Property Tax Revenue Assessed CURRENT YEAR LEVY COMPUTATION: Taxable value per mill Less: Newly taxable property per mill value, Taxable value per mill (enter as negative) Adjusted Taxable value per mill Authorized mill levy under HB 124 Adjusted taxable value per mill Add: Newly taxable property per mill value Taxable value per mill of net and gross proceeds (coun Taxable value per mill (including newly taxable property) Authorized mill levy under HB 124 (includes floating mills) Current property tax revenue limitation RECAPITULATION: Previous year adjusted property tax revenue assessed (6) Amount attributable to newly taxable property Current property tax revenue (2,221) 0 2,221 i- 6,198,784 41,532 6,240,316 37,953 (2,221) 35,732 174.6 35,732 2,221 37,953 174.6 6,628,196 6,240,316 387,880 6,628,196 D-2 Mill Levy - 5 year Comparison FY2012 FY2013 FY2014 FY2015 FY2016 GENERAL FUND 123.48 132.20 131.70 134.40 147.70 PARKS -designated mills 22.40 22.40 22.40 22.40 22.40 145.88 154.60 154.10 156.80 170.10 "Permissive levies: G. O. BOND, series 2012 refunding bonds 13.5 12.5 12.5 12.5 12.50 TOTAL CITY LEVY 159.38 167.10 166.60 169.30 182.60 Health Ins. levy -premium increases 14.95 16.90 16.80 16.80 20.80 Parks health 1.60 1.60 1.70 1.70 2.20 TOTAL CITY LEVY w/PERMISSIVE 175.93 185.60 185.10 187.80 205.60 "The legislature provided for the increase in mills necessary to pay higher health insurance premiums. The G.O. Bond debt service levy is voter approved and can go up or down each year depending on the debt service schedule and the value of the mill. Other Government levies: City/County Health Fund 5.81 5.75 5.75 5.74 6.57 (Administered by the County) Business Improvement District Levy (plus square footage assessment at .015 sq. ft.) 37.5 37.5 37.5 37.5 37.5 D-3 DETERMINATION OF PERMISSIVE LEVY FOR GROUP BENEFITS ENTITY NAME: KALISPELL, MT FOR FISCAL YEAR ENDING: June 30, 2016 = INPUT AREAS - PLEASE ENTER THE INFORMATION REQUESTED READ COMMENT BOXES IN CELLS FOR FURTHER GUIDANCE = CELLS CONTAIN FORMULAS - VALUES WILL AUTOMATICALLY CALCULATE STEP #1 INPUT INFORMATION REQUESTED IN YELLOW CELLS. ACTUAL # OF (LINE 1) BASE YEAR = TOTAL ACTUAL C = ( B $ D) r 12 EMPLOYEES FOR ANNUAL EMPLOYER CONTRIBUTION FOR WHOM THE LOCAL GROUP BENEFITS IN BASE YEAR GOVERNMENT MADE AVERAGE MONTHLY EMPLOYER (LINE 2) BUDGETING FOR = TOTAL EMPLOYER CONTRIBITIONS TO BUDGETED ANNUAL EMPLOYER CONTRIBUTION PER GROUP BENEFITS ON FISCAL YEAR CONTRIBUTION FOR GROUP BENEFITS EMPLOYEE JULY Ist 1 BASE YEAR 2000 $659,062.00 $395.12 139 2 BUDGETING FOR 2016 $1,378,846.00 $1,094.32 105 ( C2-C1) A DECREASE WILL SHOW AS-0-IN C3 3 INCREASE FROM BASE YEAR: $699.20 (34- STEP #2 INPUT INFORMATION REQUESTED IN YELLOW CELLS. E FOR FISCAL YEAR 2016 2015 CERTIFIED TAXABLE VALUE CERTIFIED TAXABLE VALUE OF GENERAL FUND $38,086,090.00 STEP #3 CALCULATIONS OF: 1) BASE CONTRIBUTION 2) INCREASE IN EMPLOYER CONTRIBUTION FROM BASE YEAR F= (Cl X12)XD2 G=(B2-F) INCREASE IN EMPLOYER CONTRIBUTION FROM BASE CONTRIBUTION BASE YEAR $497,852.59 $880,993.41 NEI STEP #4 FUND # 2372 INPUT INFORMATION REQUESTED IN YELLOW CELL PERMISSIVE MEDICAL LEVY I=(G=J) J=(E-1000) K=(J X I) PERMISSIVE LEVY - FUND 2372 92372 The Transition clause per L2009 SB 491, Section 4, has expired. FISCAL YEAR # OF MILLS ALLOWED TO LEVY (NOT SUBJECT TO 15-10-420) VALUE PER MILL TOTAL GENERATED TAX REVENUE CHOICE #1 1 PER sec. 4, Ch. 412, L. 2009 - (1)(b) 2016 23.13 $38,086.09 $880,993.41 xevisea giavcuiq