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07. Resolution 5581 - Budget Resolution - Annual AppropriationsCity of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7000 Fax - (406) 758-7758 REPORT TO: Doug Russell, City Managers i — FROM: Rick Wills, Finance Director SUBJECT: 2013 Final Budget Appropriation MEETING DATE: August 20, 2012 BACKGROUND: The attached resolution appropriates funds for city operations for a total of $44,980,493. This amount is $1,777,265 less than the Preliminary Budget of $46,757,759. The addition of the "Willows" storm sewer project is included at a cost of $392,556. G.O. Bond debt service is reduced by almost $50,000 after refmancing. Additional decreases are due to the reduction of redevelopment expenditure budgets in the Airport and Westside TIF special revenue funds as requested. There were many other minor reductions and increases mostly due to grants and actual carryover adjustments. A public hearing was held on July 16, 2012. One person spoke regarding the 2013 budget. Changes made to the Preliminary Budget are outlined in the Final Numbers Memo and spreadsheets. RECOMMENDATION: Adoption of Resolution. FISCAL EFFECTS: Appropriation $44,980,493. Rick Wills Finance Director Attachments: Final Numbers memo Report compiled: August 15, 2012 �, �111 _�M_ SECTION I. That the annual appropriations of the City of Kalispell, Montana, and the same are hereby fixed as follows: APPROVED APPROPRIATIONS GENE RALFUND $ 9,755,532 1T#ND SEEr-T On -behalf Payment -retirement 1,200,000 Tax Increment -Airport 148,377 Tax Increment-Westside 688,247 Parks In Lieu 27,600 Parks & Recreation Fund 1,442,658 Ambulance Fund 710,905 Old School Station Tech TIF 53,928 Old School Station Industrial TIF 12,661 Public Safety Impact Fee Fund 279,330 Health Insurance -permissive levy 728,239 Building Code Enforcement 343,676 Light Maintenance District 387,536 Gas Tax 732,855 Special Street Maintenance 2,375,311 Urban Forestry District 256,024 Developer's Trees 94,905 MACI Grant 574,373 Community Dev. Loan Revolving 350,000 Community Development (UDAG) 175,703 Rural Development Loan Revolving Fund 97,600 Rural Development Loan Revolving Fund #2 110,250 Homeland Security Stonegarden. Grant 17,750 Drug Enforcement Grant 84,353 COPS Technology Program Grant 750,000 COPS Hiring Recovery Prograin 74,505 Law Enforcement Block Grant 106,860 Drug Court Grant 211,667 Cultural Arts 13,500 Preserve America Grant 29,514 CDBG - ED (FVCC #2) 66,119 DUI Court Grant 39,955 EPA Brownfield Grant 170,519 Brownfields Area Wide Planning Grant 121,186 Brownfields Loan Revolving Fund 999,318 Fire Grants Fund (FEMA) 245,577 Trails/CTEP 146,780 Neighborhood Stabilization Grant 1,590,351 SAFER Grant 127,204 G. O. Bond — 2012 Refunding 507,274 City Hall Debt Service 156,755 SID Revolving Fund 100,000 Sidewalk & Curb Debt Service 13,441 SID Debt Service 632,535 Airport TIF Debt Service 731,000 Westside TIF Debt Service 32,000 Sidewalk & Curb Construction 25,000 Westside TIF Capital Project Fund 319,892 Airport Planning Grant 45,258 Fire Hall Const. 7,500 Willows Storm Sewer 392,556 Water Fund 4,849,282 Sewer/WWTP Fund 8,123,562 Storm Sewer 2,106,275 Solid Waste 890,627 Airport Enterprise Fund 242,234 Data Processing 464,434 TOTAL FUNDS $ 44,980,493 SECTION 11. 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 111. 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. CITY OF KALISPELL, THIS 20TH DAY • AUGUST, 2012. • Theresa White City Clerk Tammi Fisher Mayor City of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7000 Fax - (406) 758-7758 MC3NT.ANA REPORT TO: Doug Russell, City Manager FROM: Rick Wills, Finance Director SUBJECT: FY 2013 Budget -Final Numbers Memo MEETING DATE: August 20, 2012 The City Council approved the Preliminary Budget on June 18th. A public hearing was held on July 161" 2012. Since that time the budgets have been reworked to reflect the actual costs for FY2012 and a spreadsheet is provided with the changes to the Preliminary Budget. Changes occur as carryovers are adjusted from estimates to actual numbers. Enclosures are lettered A-D. A —Changes to Preliminary numbers - The General Fund budget total increased by $7,095. We increased the general government budget to account for some legal fees related to the Kidsports permanent easement. The Mayor/Council budget was increased to reflect the actual cost of Montana League of Cities dues. Additions and reductions to the budget are itemized on the 3 page spreadsheet. The largest change is the $2.3 million reduction of redevelopment expenditures out of the TIF districts. Debt service fund expenditures decreased by $156,641 partially due to refinancing the G.O. Bonds. The Willows project was included at $392,556. Most of the other reductions and increases are grants and funds adjusted for the carryover of remaining funds. B -Included for your information is the 2 page General Fund Revenue Recap. The recap reflects the actual 2012 revenue and the ending cash carryover balance for 2012(balanced with the City's General Ledger). Tax collections exceeded the conservative budget estimates for FY12. The County has collected over $190,000 in protest taxes which they hold and won't appear on our books as revenue until released or not at all if refunded. For that reason the estimates for tax collections for FY13 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 we have increased our cash carryover to over 17% at year end due to the both the conservative budgeted revenues and controlled spending by departments. General fund actual expenditures were $185,496 under budget. The FY2013 budget expenditures are higher than the FY2012 budget mainly due to personal services costs which includes the health insurance increase. Revenue reflects an increase in the transfer from the health insurance fund to offset the insurance increase. The FY2013 year end carryover is budgeted to increase and remain in excess of 17% of expenditures. 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. Although the city will generate approximately $188,000 in revenue related to new construction and annexation, the overall taxable value of the city is less than the previous year DOR values. This reduction in taxable value is a direct result of a reduction in the taxable value of electric company mileage. In the 2011 Certified Taxable Values supplied by the DOR, electric company mileage taxable value was $1.757 million. The current taxable value is reported as $.629 million. Our new mill value is $39,017. When the mill value is reduced for the newly taxable amount to compare to the prior year it results in a mill value of $37,810. (sce D-2) The mill value we had last year was $40,070. In order to generate the same revenue as last year it is necessary to increase the number of mills levied for the General Fund to 156.40 mills. This is the floating mill as calculated with the information from the Department of Revenue. (The mill value changes daily so this is a number that may not relate to what the County Treasurer bills or we collect.) D-3 is a 5 year history of the levy. The levy for the refinanced pool and fire hall bond issue is reduced 1 mill, even with the reduction in mill value; the health levy increase relates to the rise in premiums and the reduction in mill value. The Airport TIF district value dropped further due to the continued vacancy of some of the commercial buildings. The Westside TIF has a new base taxable value, but the incremental value of the district decreased. The values for Old School Station increased slightly. 8UDCET FY2013 - CHANGES TO PRELIMINARY NUM A-1 General Fund FY2013 Additions Preliminary Budget Ca rrertionsfde kdo as QgUgngand quegions rarauverilems ORLGINALPRE L11111UIK;K-l' $ 4,74,11,437 GENERAL GOVERNMENT 1000400-KXN46-353 Kidspca#s perm caamml wtW $ ij 17 MAYMCOUNCIL :000-402-410IW373 Leagua Dues incram9c to actual 5 2078 Total General Fund chanZes: S 7,095 FINAL. BUDGET- GJF!.NERAL FUND $ 9,755,532 SPECIAL REVENUE FUNDS 21M Airport Till 21854)00-430300-940 Red veloptnent sadvfty reduce - no pmjw $ (' , ) 2188 WestsideTIF 2188480470230-720 Rcdevclapmcnl0istrihutio rcducc - na projcch S i1,4lSD,FhDD} 2215 Nrks 2315436-460430-420 CapitallmpmVcmcnts formula crror S 1elm Ul[ Did School-Techaulogy (III 2311-480-47021"20 1;ID 344 Imnsrer 0 601 reduction in nvaitabie funds S (13,M ) 2420 GAS TAX 2420421430240-36S allay paving inuvwc carryovcr S 9.800 2500 Spct;sl Street 2500-471-1130240-6101620 Fk 1sfty correction S (12,1So_ 2886 Community Development Operating 28864SID 470210-395 Growtb Policy Update' adjust ewryuvertoa lual S (17,355) 1919 LAW ENFORMMENT GRANTS 2919413-420140-217 Narmwbamll F4uipntenl nmv grant S 16,360 2951 DUI COURT GRANT 295140+410M-355 Drug & atcohol tfstino adjust carryover to actual $ (1tg,203) 2930 Pr"crvt Aratrita Grant 2930- 90-470240-354 Grant adjust cerrym-cr to actual S (14M) SPECIAL REVENUE FUNDS -can't. A-2 2945 CDEG -11 D (FVCC #2) 2945-480-470242-820 Grant adjust carryover to actual S 5,392 2945-480-470242-790 Grant adjust carryover to actual $ 60,727 S ".119 2953 Brownfields Assessment 2953-480470210-780 Site Assessment adjust carryover to actual $ (23,290) 2954 Brownftelds AWP 2954-480-470210-354 Grant reduce carryover/accept new grant $ 588 2955 Brownfields Revolving Loan Fund 2955480470210/215 M & O carryover S 158 2995 Safer Grant 2995416420400-1xx personal services adjust carryover to actual S 73,043 2957 FIRE Grants FUND 2957-416420414-218 Fire Prevention Grant New grant $ 155,000 2957-416-420400-218 Equip non capital adjust to available cash carryover $ (1,077) $ 153,923 2991 NSP GRANT 2991480-470242-354/355 Contract Services adjust carryover to actual S (38,738) TOTAL SPECIAL REVENUE FUNDS S (2,199,359) DEBT SERVICE 3012 G. O. Bond Refunding actual $ 507,274 3010 Pool G. O. Bond Pool refunded $ (292,100) 3162 G. O. Bond Fire Station refunded $ (270,075) 3643 SID 343 SID 343 actual $ 98,260 3645 SID 345 SID 345 the Willows SID $ 45,OH 3185 Airport TIF transfer to 2185 reduce to available S (200,000) TOTAL DEBT SERVICE S (111,641y CAPITAL PROJECT FUNDS 4188 Westside TIF Const 4189-421-430240-354 Meridian Rd adjust carryover to actual $ (9,131) 4188-42I-430240-952 CO St Water Cxt adjust carryover to actual $ 44,023 S 34,892 4150 Fire Hall Const 4150-416-420400-928 firehall remodel adjust carryover to actual $ 7,500 4312 FAA Grant 4312-430-430310-940 planning grant adjust carryover to actual S 258 4345 The Willows Project 4345-453-430246-950 new project actual S 392,556 TOTAL CAPITAL PROJECT S 435,206 ENTERPRISE FUNDS 5210 Winter 5210-447-430550-940 Machinery & Equip. increase carryover 5210-447-430550-951 Security System Upgrades increase carryover Total Watcr Fund 5310 Sewer 5310455-430645-940 Digester Lid Design increase carryover 5349 Storm Sewer 5349-453430246-954 South Meadows Survey increase carryover 111411VAA,I1101e7*WA111113063101.0V3.111441k TOTAL PRELIMINARY BUDGET $ 46,757,758 RECAP changes General Fund S 7,095 Spccial Rcrcnue Funds $ (2,199,359) Debt Service Funds $ (111,641) Capital Projects $ 435,206 Enterprise Funds $ 91,434 Total changes $ (1,777,265) FINAL BUDGET S 44,990,493 COMPONENT UNIT CHANGES Business Improvement District Preliminary budget 2700-490-470330-351 Development Activity reduction to available cash Total BID budget $ $ A-3 6,500 15,861 $ $ 22,361 62,948 $ 6,125 S 91,434 x (1,777,265) $ 44,980,443 $ 221,232 $ (7,580) $ 213,652 GENERAL FUND B-1 FUN©. 1000 MILL VALUE $ 39.448 $ 40.070 5 40.070 S 39.017 ACTUAL BUDGET ACTUAL TBUDGET FY10111 FY11112 FY11112 FY12113 GENERAL FUND MILL LEVY 119.1 PROPERTY TAXES: 311100 Real Property Waxes 4,458,364 311100 Westside Tif Distribution (designated Capital) 311105 PILOT payment 15,521 311200 Personal Property 210,579 312000 Penalty & Interest 39,047 123.48 123.48 134.00 4,600,000 4,682,933 4,900,000 81,906 81,906 15,520 17,237 20,635 208,000 213,167 175,000 35,000 31,408 30,000 SUBTOTAL $ 4,723,511 $ 4,940,426 $ 5,026,651 $ 3,125,635 LICENSES & PERMITS: 322101 Alcohol Beverage 322300 General and occupational 322500 Amusement 323012 Planning fees & Sign permits 323107 Excavation Permits, house moving 3231U9 Zoning & Site flan Review Fees 323200 Parade Permits 323300 Animal licenses 25,340 24,000 25,551 25,000 I,206 1,100 1,412 1,225 350 350 300 350 17,149 40,000 15,021 20,000 0 500 0 500 6,129 9,500 7,505 9,500 100 2,000 650 750 896 900 1,206 1,000 SUBTOTAL $ 51,169 S 79,350 $ 51,645 S 58,325 INTERGOVERNMENTAL REVENUE: 335030 MV Tax Ad Valorem 1,720 1,720 1,331 1,330 335076 Gaming Machine Permits 61,275 61,075 57,415 56,550 335110 Live Card Game, keno & bingo 3,600 3,600 3,200 3,200 335230 HB124 ENTITLEMENT 2,270,459 2,272,379 2,340,446 2,361,950 SUBTOTAL $ 2,337,054 S 2,338,774 $ 2.402,392 $ 2,423,030 FINES AND FORFEITURES: 351035 Parking fines (112 year FY12) 351017 Technology fees 32,048 351016 DU Court Fine (moved to grant fund) 3,531 351000 City Court Fines & fees, admin 513,688 28,274 52,000 32,000 24,947 25,000 3,500 135 0 500,000 480,943 500,000 SUBTOTAL $ 549,267 $ 535,500 $ 534,299 S 577,000 con't. 20 GENERAL FUND B-2 Revenue - Page 2 ACTUAL 13UDGET ACTUAL BUDGET CHARGES FOR StRVICES: FY11)111 FY11112 FYI 1112 FY12113 341020 Administrativechargts 519,111 512-000 513.906 512,000 341021 Glom Admin. (Planning. fittanm) 55,338 43.004 45.039 15,000 341025 City Collcc6anVolhorchargm 7.964 I,OOD 19,158 SHAD 341026 League ofCit es conferenoa dooaiions 14,513 2.500 341027 Bresnan Franchise Fccs 156,(46 157,OH0 157,861 mpved lop DoLts 342010 XFD -Public safery fan 24.735 15.Dm 25,183 21,500 342014 KPD -School Resource Officers 864100 RCS nfH) $fi,t1[Ifl Itfil MI 342016 KPD -Regional Training Resting Reimb_ 3,355 10.000 1.287 $,000 343019 Puking Permits` meters. boot removal 34,938 ROAM 343WS Crntrol Guagc Chs gcs 121,276 121.000 121.8W 131,300 SUBTOTAL s 973,745 945.8011 5 1,011,695 S M S00 MISC REVENUE 362010 GolfCourm Leme 23.157 25,0W 16,790 25.000 362015 Ittsumncc RcimbwATncntx 2.304 3.000 7.717 7,500 362OW MM[AGAS B 15reim1urscmeiai D 3,OD4 3,000 0 364030 Auction # raise_ oLAec9iansldcmiui ws 5,129 100 1,827 1,W 36SOIS Kk6pon- base mEmburrse oml 42,910 44.000 43,553 44,040 365018 Bond shall contribution 394 0 250 0 tZ510 Loan mpaymcnr-cmpkQy= 3,139 t,200 615 1.200 13360 Equity Transfi7 fm ftrkftfkw mpay 0 0 13ri90 0 381066 Opcmting rranyfur 2372 -bmlth insa nu= 514.326 599r209 M.147 W.239 5USTOTAL $ S'x1.559 S 675.509 S 00.179 $ 73sJ, V Relacmtian loan Cash s (20.000) S 10.000 371010 INVF.i ilENT RFVME: 35,M 37,855 19,183 20,000 TOTAL GENERAL.REVENUE 5 91262,121 5 4552,214 5 9,703.034 5 9,807,429 CASH JLFLY I (leelrrdm "wed S 676,013 S 1,Oa7.681 S 1.007MI S 14613JIG TOTAL AYAaABLEFOR BUDGET S $,90R.134 S 10M9,995 s 20,71$.7M 5 t1A21,745 RFJCOMMENDEDE" NUMIRE5 5 91900,453 5 9,282.395 $ $49609 S 9.75.�S32 CASH CARRYOVER (yzDrcpdaperalrng) $ 905,IM3 S 1,117,176 S 1.478,090 S 1.514.132 Dcsignatad for Capital S 20.000 S MOOD $ 101.906 $ 101,906 Designued Court Techrtnlojo fees S 45,652 $ 22,652 $ (2.497) $ 14.503 Daignerwd Far BenclsWj $ 12 525 $ t2.J31 S 12,175 S 12,131 Designated for Paving s 23,541 S 23,541 $ 23M2 s 23.541 Total emb available s I A07.681 s 1.277 SCIU $ 1.613*9t6 s I�666,213 Espesdleureetataltaahearryover 11-32% 13.76% i7.74% 17.09% V 4 ' b S p p p N 0 IA i a v0 N ]0 p ry N n w � A o o 7, g F3 R R W �7, n n � V FBI W cr ' O M �O C N Vi N Cni � s e w v pp M b N M a � a � u C/1 U rn s n H a � n rpv a U � 8 8 pp pp 8 8 N d O O O I ZR Fl (W� pqd Qi � co F, n4 y , m C � {E� P6 C ►► o CL W r � � �3 � � u7 Q$ w � ;� •� �' 'rp .0 � L' 'v ..yy $ t � � �i 'w' Gi U Flw m N O N $ d O O p y F N N N N M M en m T Y w 0 VA M 96 w � $� LA ue 5�l dd g Fi j•+, Y C �l w e d z CITY OF KALISPELL Fund Deser[plion 100 General Fund General Fund- {}o-LdulF paymaft Special Reveaale Funds: 2185 TAX RdCREMENT-AFRPORT 2Jbl TAX INCREMENT-WESTSWE 2210 PARE$ IN LIEU OF 2215 PARKS &RECREATIONFUND 2230 AMBULANCE 2310 OLD SCH001, TECHNOLOG Y TIF 2311 OLD SCHOOL INDUSTRIAL TFF 2372 HE.hLTH•PERMISSIVELEVY D94 WILDING CODF. F.NFDRCZMENT 2399 IMPACT FEE FUND 2400 LIGHT MAINTENANCE 2420 GAS TAX 2500 SPECIAL STREET(rSS 2eW URBAN FORE"Y DISTRICT 2601 I)EVELOPERS TREES 2925 MAC] GF ANT 2990 CO LOAN REVOLVING 21W COMMUNMY DF-V1=.LOPMrNT 2887 RURAL DEVELOPMENT 2888 RURAL JIEVELGPMEN C t12 291$ STONEGARDEN GRANT 2916 DRUG ENFORCEMENT C,RANT 2917 COPS TECHNOLOGY PROGRAM GKAW 2918 COPS HIItI N IG RECOVLRY PROGRAM 2919 LAW ENF. BLOCK GRANT 2921 DRU0001JRT(iRANT 2927 CULTURAL ARTS GRANT 2930 PRE$FRVE AMERICA GRANT 2v15 L'uwi - hD (F vcc NZ) 2951 DUI COURT GF ANT 5W1 EPA BROWNF1ELDS ASSESSMENT GRANT M4 HR(JWNFLhLL]¢ ARLA WIUh PLANN1INli Z955 9ROWLNFIEL DS LOAN REVOLVING 2"7 FEt~MAGRANT 297s TRA1L$+CTE..P 2991 NE16FWRHOCID STA9iLI7-4TION GRANT 299$ SAFER QR ANT 1 ow �ipwal Kt%u w twma% FUND POSITION C-1 K""ras AllWp34Wd s1F11GETED Evahn;ltd Avidiahie Reveaae Expeadiiorea Ending BRIanreJ Bcgi"Ring 1'emir C1IFTY ovelr 5 Ih93,81a S 9.w7.929 s (9,755'sm) 3 L,56b,213 S 1,204,000 S 11,20,0001 S S I E54 2a S 559,617 5 (118,1771 S 2275}a s 2.26.372 5 499,232 5 1+564.247) $ 2,076357 $ 40.497 5 S,sm # (27,600) S 11JIP S 365,533 5 1,413,M i (1,442,b56) 5 336.675 S 40,990 S 691,040 S (710,,M) 5 21A S S 11120 S 51.29d $ 01.9m s 490 5 61 S 12a604 $ (12,661) S S 34,609 s 727.8L5 S (124,139; 5 31•li5 S 344.100 $ 2911204 # 041.676) s 100 624 5 284A39 1$ 69J675 S [279.330) S 74,3a4 $ 160.503 S 353.700 S 1387,536) S 126,567 # 464JS2 S 1701%4 S (712.853) S 1 IMI $ 1,15J1.336 $ 1.953,700 $ (2,375,311) $ 736,725 s 58,18b S 224,9W S (250JR24) S -11,062 S 9C%S S 3 (94,40S) S $ 40,000 S 534.373 S {574,373) S - S 400,915 S 62.197 S (350,0m) S 113.112 5 #97W S 23,684 S {175.703k S 10,422 5 76,337 S 43,s3A $ (97,50d} 1 22.273 s 140,89] S n,mg s {110,250a S AA• 4 S - S 17,750 S i17,7541 S $ L0.379 # $4.260 s [84.353) 5 1"86 i S 75ao110 $ $ 72,470 S (74,5031 S 42,965 $ # 1106.T411 $ 006.86+41 $ - $ 210.016 $ (211 A67) $ S 13.500 $ (13.100) $ - S S 29,514 S (29.514) S S s 66111y S (6611IV) s S 5.280 5 37,261 S (39,955) $ $ $ 170.519 i S 121.136 S (121,1i6) S i s M.318 s (999.318) i $ 40,360 S n5,217 S (245,577) 5 5 Z, I$k 5 WOO 5 (146,790) s S i LSW351 S 11,sso,3$I} i S - S 127,M S (127,U4) S S 5,24'0.959 5 12AU10 5 5 114.M5.336) 5 6,536.705 24 2<013 Debt Service Funds: S I D Revolving Fund G. O. BOND, series 2012 - Refunding NEW CITY HALL Debt Service SIDEWALK & CURB WARRANTS SIDS AIRPORT TIF DEBT SER V ICErrransfer to TIF WESTSIDE TIF DEBT SERVICE Total Debi Service Funds Capital Project Funds: 4150 Fireball Const. 4188 Westside TIF Capital Project Fund 4290 WALK & CURB 4312 FAA Planning Grant/Environsnental Assessment 4345 The W illows Storm Sewer Project Total Capital Projects Enterprise Funds: 5210 WATER 5310 SEWERIWWTP ' 5349 STORM SEWER 5510 SOLID WASTE 5160 AIRPORT Total Enterprise Funds C-2 PAGE 2 - Fund Position Resources Anticipated BUDGETED Estimated Available Revenue Expenditures Ending Balance/ Beginning Year Carry over S 262,392 5 2,500 $ (I00,000) S 164,$92 $ 54,313 $ 490,463 $ (507.274) S 37,502 $ 317 5 156,756 $ (156,755) S 319 $ 1,092 S 13,441 S (13,441) $ 1,092 $ 256,935 S 553,758 S (632,535) $ 178,158 $ 254,258 S 702,500 S (731,000) $ 225,753 $ - $ 32,400 S (32,000) $ 400 $ 929,297 S 1,951,818 $ (2,173,005) $ 608,110 S - S 7,500 S (7,500) S - S 319.992 S - S (319,892) S S - $ 25,000 $ (25,000) S S 258 $ 45,000 $ (45,258) S S - $ 392,556 S (392,556) $ $ 320,150 S 470,056 S (790,206) $ S 4,260,872 $ 3,023,000 S (4,849,282) S 3,274,590 S 5,042,976 $ 5,243,000 $ (8,123,562) S 4,919,013 $ 2,839,218 $ 902,335 $ (2,106,275) S 1,920,278 S 703,616 $ 868,500 $ (890,627) S 931,499 $ 164,151 $ 79,966 $ (242,234) S 101,715 $ 13,010,833 S 10,115,801 $ (16,211,980) S 10,947,085 Internal Service Funds: 6030 DATA PROCESSING FUND * $ 91,710 $ 432.640 S (464,434) $ 64,916 Total Internal Service Funds S 9L710 $ 432,640 S (464,434) S 64,916 TOTAL CITY BUDGET $ 24,115,765 $ 36,650,329 $ (44,980,493) $ 19,823,032 • cash adjusted +$4,037,431 for non -cash line items (depreciation) Component Units 2700 BUSINESS IMPROVEMENT DISTRICT S 128,044 S 85,608 S (213,652) $ 7855 TOURISM BID (pass thru Fund) S 10,000 $ 465,300 S (475,300) $ TouI with Component units S (45,669,445) •.,. E: �,:•.�rFnU vl REIIENE M MONTANA Form AB-72T Rev. 3-12 2012 Certified Taxable Valuation Information (15-10-202, MCA) Flathead County CITY OF KALISPELL 1. 2012 Total Market Value...................................................................................................................... $ 1,450,786,207 2. 2012 Total Taxable Value..................................................................................................................... $ 40,531,328 3. 2012 Taxable Value of Newly Taxable Property.............................................................................. $ 1,207,155 4. 2012 Taxable Value less Incremental Taxable Value*..................................................................... $ 39,016,.570 5. 2012 Taxable Value of Net and Gross Proceeds (Class 1 and Class 2)........................................................................................................ $ 6. TIF Districts Tax Increment Current Taxable Base Taxable Incremental District Name Value Value Value Kalispell R 1,386,714 453,612 933,102 Kalispell C- amended 2011 8,390,756 7,932,918 457,838 Kalispell N 19,925 126 19,799 Kalispell G 104,409 390 104,019 Preparer Holly Dale Total Incremental Value $ 1,514,758 Date 8/2/2012 `This value is the taxing jurisdiction's taxable value less total incremental value of all tax increment financing districts. For Information Purposes Only 2012 taxable value of centrally assessed property having a market value of $1 million or rnore, which has transferred to a different ownership in compliance with 15-10-202(2), MCA. I. Value Included in "newly taxable" property $ - 11. Total value exclusive of "newly taxable" property $ - Mill levy calculation - Dept. of Revenue values for FY2013 DETERMINATION OF TAX REVENUE AND MILL LEVY LIMITATIONS UNDER HOUSE SILL 124 MAXIMUM PROPERTY TAXES AUTHORIZED: Ad valorem tax revenue assessed 2011-2012 Add: FISCAL YEAR 2012 INFLATION ADJUSIIAENT @ 01.2% Section 94 (1)(a) 70.145 I 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 (co Taxable value per mill (including newly taxable property) Authorized mill levy under 1-16 124 (includes floating mills) Current property tax revenue limitation RECAPITULATION: Previous year adjusted property tax revenue assessed (5) Amount attributable to newly taxable property Current property tax revenue 10 (1,207) 0 1.207 No, D-2 5,845,407 1 70,145 1 5,915,5521 39.017 1 (1,207) 37,810 156.46 37,810 1,207 1 39,017 156.45 6,104, 395 f 5,915,552 188,843 6,104,395 D-3 Mill Levy - 5 year Comparison FY2009 FY2010 FY2011 FY2012 FY2013 GENERAL FUND 138.76 117.71 119.10 123.48 134.00 PARKS -designated mills 22.40 22.40 22.40 22.40 140.11 141.so 145.88 156.40 "Permissive levies: G. O. BOND, series 2002 -vot POOL 7.75 7.50 7.50 7.00 0.00 G. O. BOND, series 2004 -vol FIREHALL 7.50 7.00 6.70 6.50 0.00 G. O. BOND, series 2012 refunding bonds 12.5 Health Ins. levy -premium increases 16.22 13.60 13.04 14.95 16.90 Parks health 1.60 1.60 1.60 1.60 TOTAL CITY LEVY 170.23 169.81 170.34 175.93 187.40 **The legislature provided For the increase in mills necessary to pay higher health insurance premiums. The pool 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. The same is true for the FireHall debt service. G.O. BONDS were refinanced in June and combined into a 2012 Issue. Other Governinent levies: City/County Health Fend (Administered by the County) Business Improvement District Levy (plus square footage assessment at .015 sq. ft.) 5.34 5.61 5.81 5.75 5.751 0.00 0.00 37.50 37.5 37.51