Loading...
04. Resolution 5682 - Budget Resolution - Annual AppropriationsCity of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7000 Fax - (406) 758-7758 PORT TO: Doug Russell, City Manager FROM: Rick Wills, Finance Director SUBJECT: 2015 Final Budget Appropriation MEETING- DATE: August 18, 2014 BACKGROUND: On July 21, 2014, a public hearing was held on the FY2015 budget with one person commenting. Following the public hearing several changes have been made to the Preliminary Budget as outlined in the attached Final Numbers Memo and spreadsheets. Some additions include; the purchase of (2) new Police Department motorcycles in the amount of $31,372, a Community Development Grant for a Senior Center study in the amount of $30,000, and needed replacement servers and switches in the Information Technology fund in the amount of $27,244. Most of the other reductions and increases were due to grants and projects adjusted to actual carryover amounts. Overall, the final budget amount of $45,791,580 is $260,854 less than the Preliminary Budget of $46,052,434. RECOMMENDATION: It is recommended the City Council approve Resolution 5682 adopting the final budget appropriations for fiscal year 2015. FISCAL, EFFECTS: $45,791,580 in final budget appropriations. Attachments: Final Numbers Memo r ; ,r nivi SECTION 1. That the annual appropriations of the City of Kalispell, Montana, and the same are hereby fixed as follows: 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 Law Enforcement Block Grant Cultural Arts Preserve America Grant CDBG — ED (FVCC) Brownfields Loan Revolving Fund Fire Grants Fund Hazmat Grant Trails/CTEP 10,019,465 1,300,000 786,066 2,585,404 9,388 1,590,534 1,010,445 54,000 2,000 490,539 735,000 469,577 316,619 540,750 2,391,914 191,369 92,282 376,000 351,370 101,000 261,933 98,000 60,250 17,750 97,383 194,064 22,897 7,251 101,345 868,590 19,000 55,310 127,920 G. O. Bond — 2012 Refunding 502,863 City Hall Debt Service 156,752 SID Revolving Fund 242,308 Sidewalk & Curb Debt Service 9,114 SID Debt Service 240,605 Airport TIF Debt Service 630,333 Westside TIF Debt Service 32,520 CAPITAL PROJECT FUNDS: Sidewalk & Curb Construction 25,000 IliIli W My= Water Fund 4,833,976 Sewer/WWTP Fund 9,006,708 Storm Sewer 2,023,306 Solid Waste 1,571,450 Airport Enterprise Fund 165,996 INTERNAL SERVICE FUNDS: Data Processing 522,062 Central. Garage 483,170 TOTAL1S $ 45,791.5ECI 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 18TH DAY OF AUGUST, 2014. Mark Johnson Mayor ATTEST: Theresa White City Clerk City of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7000 Fax - (406) 758-7758 REPORT TO: Doug Russell, City Manager FROM: Rick Wills, Finance Director SUBJECT: FY 2015 Budget — Final Numbers Memo MEETING DATE: August 18, 2014 The City Council approved the Preliminary Budget on June 16th. A public hearing was held on July 215T 2014. Since that time the budgets have been reworked to reflect the actual costs for FY2014 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 increased by $9,097. We decreased the general government budget to reflect the actual cost to the general fund of liability insurance. Other changes to the general fund included increases to cover the cost of the EMS Levy election and travel cost related to conferences. An additional $7,000 was included in the Fire Department for the purchase of a vehicle. The Police Department budget was also increased for the purchase of (2) motorcycles, offset partially by a budget correction. Additions and reductions to the preliminary budget are itemized on the 2 page spreadsheet. The largest reduction is $174,533 in the MACI Grant Fund. Staff based the preliminary budget on this grant item, a flush truck, being carried over and purchased in fiscal year 2015. The item was purchased late in fiscal year 2014. The largest increase was a new Community Development Block Grant in the amount of $30,000. This is a grant to do a study on Senior Center needs in the Flathead. Staff did not anticipate this grant in the preliminary budget. 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 2 page General Fund Revenue Recap. The recap reflects the actual 2014 revenue and the ending cash carryover balance for 2014(balanced with the City's General Ledger). The County has collected almost $370,000 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 FY15 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 20% at year end due to both the conservative budgeted revenues and controlled spending by departments. General fund actual expenditures were $201,320 under budget. The FY2015 budget expenditures are higher than the FY2014 budget mainly due to increases in public safety department expenditures. There is an increase in revenues which is primarily related to the SB96 reimbursement, now part of the City's entitlement share. The FY2015 year end carryover is budgeted to remain over 20% 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 2015 is $39,522, an increase of $187 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 $38,756 (see D-2). The mill value we had last year was $39,137. 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 156.80 mills (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 levies for the G.O. Bonds and Health Insurance are the same as fiscal year 2014 at 12.5 and 18.5, respectively. The Airport TIF district incremental value decreased slightly after increasing the prior year. The Westside TIF incremental value reflects a substantial increase. The incremental values of the Old School Station TIF districts each increased slightly. BUDGET FY2015 - CHANGES TO PRELIMINARY NUMBERS General Fund FY2015 Additions Preliminary Budget Corrections/deletions Changes and questions: carryover items 0111GINi L PRELIM RUI)GE T S 11,310,368 GENERAL GOVERNMENT 1000-400-510310-513 Liability Insurance to actual $ (27,475) 1000-400-410600-354 Elections EMS Levy $ 6,000 S (21,475) CITY MANAGER 1000-401-410210-345 Telephone IPAD airtime $ 400 1000-401-410210-379 Meetings Washington, D.C. $ 1,800 $ 2,200 HUMAN RESOURCES 1000401-410830-338 Recruitment Background checks $ 3,000 MAYOR/COUNCH, 1000-402-410100-335 League of Cities Possible attendees $ 3,000 FIRE 1000-416-420400-940 Vehicles replacement $ 7,000 POLICE DEPT. 1000-413-420140-226 SRT support/supplies budgeted 2x $ (16,000) 1000-413-420140-944 Motorcycles include (2) motorcycles $ 31,372 2210 Parks in Lieu 2210-436-460430-826 2311 Old School Industrial 2311480-470210-820 2825 MACI Grant 2825-421-430240-940 2500 Special Street 2500-421-430240-941 2500-421-430245-940 $ 15,372 Total General Fund changes: $ 9,097 FINAL BUDGET - GENERAL FUND $ 11,319,465 SPECIAL REVENUE FUNDS Transfer to Trails (Match) reduce to available Debt Service Transfter reduce to available Capital Equipment reduce to available Dump Trucks carryover prior year Machinery & Equip carryover prior year $ (5,748) $ (11,000) $ (174,533) $ 5,000 $ 11,070 A-1 SPECIAL REVENUE FUNDS-con't. 2601 Developer Trees 2601-436-460435-354 DEVELOPER'S -TREES Reduce to actual $ available $ (3,135) 2886 CD - Mise 2886-480-470210-355 Contract Services Senior Center Grant $ 30,000 2930 Preserve America Grant 2930-480-470240-354 Contract Services adjust carryover estimate $ (1,374) 2945 CDBG - ED 2945-480-470242-820 Admin. Transfer reduce carryover $ (425) 2955 Brownfields Revolving Loan Fund 2955-480-470210-XXX various reduce carryover $ (118,933) 2957 Hazmat Grant 2957-416-420410-218 Equipment - not capital adjust to actual $ (5,249) TOTAL SPECIAL REVENUE FUNDS $ (279,327) DEBT SERVICE FUNDS 2013 S & C 3613-000-490300-6xx Debt Service actual $ 600 TOTAL DEBT SERVICE FUNDS $ 600 INTERNAL SERVICE FUNDS 6030 Information Technology 6030-403-410585-942 Servers replacement $ 15,000 6030-405-410588-940 Switches replacement $ 12,244 6030-403-410580-510 Insurance actual $ (1,222) 6030-403-410580-218 Equipment - not capital a/p printer $ 1,754 $ 27,776 6010 Central Garage 6010-410-431330-920 Buildings reduce carryover/project complete $ (19,000) TOTAL INTERNAL SERVICE FUNDS $ 8,776 TOTAL BUDGET ADJUSTMENTS-8/18/14 $ (260,854) A-2 GENERAL FUND REVENUE AND SUMMARY FUND: 1000 MILL VALUE $ 39.017 $ 39,335 $ 39,335 $ 39,522 ACTUAL BUDGET ACTUAL BUDGET FY12/13 FY13/14 FY13/14 FY14/15 GENERAL FUND MILL LEVY 132.20 PROPERTY TAXES: 311100 Real Property Taxes 4,912,081 311100 Westside Tif Distribution (designated Capital) 0 311105 PILOT payment 23,400 311200 Personal Property 167,266 312000 Penalty & Interest 16,374 131.70 131.70 134.40 4,915,000 4,921,834 5,036,907 0 0 0 23,400 23,482 23,500 165,000 290,887 88,093 25,000 10,665 10,500 SUBTOTAL $ 5,119,121 $ 5,128,400 $ 5,246,868 $ 5,159,000 LICENSES & PERMITS: 322101 Alcohol Beverage 29,812 322300 General and occupational 1,371 322500 Amusement 0 323012 Planning fees & Sign permits 18,760 323107 Excavation Permits , house moving 0 323109 Zoning & Site Plan Review Fees 11,325 323200 Parade Permits 400 323300 Animal licenses 1,805 29,812 30,121 30,000 1,300 1,376 1,300 350 0 0 20,000 22,684 20,000 500 0 0 12,000 13,855 12,000 500 700 500 1,500 1,962 1,500 SUBTOTAL $ 63,473 $ 65,962 $ 70,698 $ 65,300 INTERGOVERNMENTAL REVENUE: 335030 MV Tax Ad Valorem 1,483 335076 Gaming Machine Permits 59,801 335110 Live Card Game, keno & bingo 2,800 335230 HB124 ENTITLEMENT 2,439,307 1,500 1,071 750 60,000 60,450 60,000 2,800 5,669 3,000 2,431,207 2,431,207 2,630,289 SUBTOTAL $ 2,503,391 $ 2,495,507 $ 2,498,397 $ 2,694,039 FINES AND FORFEITURES: 351035 Parking fines (1/2 year FY12) 38,913 40,000 34,215 40,000 351017 Technology fees 29,565 30,000 30,543 30,000 351000 City Court Fines & fees, admin 507,203 520,000 506,983 535,000 SUBTOTAL $ 575,681 $ 590,000 $ 571,741 $ 605,000 con't. i GENERAL FUND Revenue - Page 2 CHARGES FOR SERVICES: 341020 Administrative charges 341021 Grant Admin. (Planning, finance) 341025 City Collections/other charges 341026 League of Cities conference donations 341027 Bresnan Franchise Fees 342010 KPD -Public safety fees 342014 KPD -School Resource Officers 342016 KPD -Regional Training /testing Reimb. 343018 Parking Permits, meters, boot removal 343005 Central Garage Charges 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 12510 Loan repayment -employees 381060 Operating transfer 2372 -health insurance SUBTOTAL Relocation loan Cash 371010 INVESTMENT REVENUE: TOTAL GENERAL REVENUE CASH JULY I (Includes designated S) TOTAL AVAILABLE FOR BUDGET PROPOSED 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 I BUDGET ACTUAL I BUDGET FY12/13 FY13/14 FY13/14 FY14/15 505,165 485,203 479,240 538,505 24,453 20,000 4,891 10,000 5,932 6,000 12,199 7,500 6,548 0 0 0 2,893 0 0 0 30,533 30,000 19,939 30,000 86,000 86,000 86,000 95,500 3,973 3,500 875 10,000 80,222 80,000 79,160 104,000 131,357 internal service fund internal service fund internal service fund $ 877,076 $ 710,703 $ 682,304 $ 795,505 16,762 16,500 21,565 16,500 11,616 10,000 19,989 10,000 0 3,000 3,000 0 6,290 2,500 2,096 11,000 0 4,100 0 4,100 616 500 101 500 2,430 900 1,585 0 660,239 660,000 660,000 665,000 $ 697,953 $ 697,500 $ 708,336 $ 707,100 $ 4,235 $ 10,010 $ 10,010 $ 5,755 10,186 15,000 7,220 10,000 $ 9,851,116 $ 9,713,082 $ 9,795,574 $ 10,041,699 $ 1,613,816 $ 1,928,157 $ 19928,157 $ 2,215,018 $ 11,464,932 $ 11,641,239 $ 11,723,731 S 12,256,717 $ 9,536,775 $ 9,710,033 $ 9,508,713 $ 10,019,465 $ 1,752,529 $ 1,765,078 $ 2,026,591 $ 2,058,325 $ 101,906 $ 101,906 $ 101,906 $ 101,906 $ 36,789 $ 26,789 $ 49,487 $ 39,487 $ 13,391 $ 13,891 $ 13,492 $ 13,992 $ 23,542 $ 23,542 $ 23,542 $ 23,542 $ 1,928,157 $ 1,931,206 $ 2,2159018 $ 2,237,252 17.79% 18.17% 20.69% 20.50% GENERAL FUND APPROPRIATION SUMMARY # FTE's approriated FTE's 1 1.5 1.58 3.2 4.67 4 General City Human Mayor Municipal Government Manager Resources Council City Clerk Finance Attorney Court 110 Salaries $ 136,347 $ 118,076 $ 63,054 $ 98,340 $ 201,362 $ 341,132 $ 221,257 114 Comptime Buyback & severance. Def. Comp. 8,500 121 Overtime & Spec. Assign PD, 500 153 Health Insurance 19,701 17,028 35,700 17,374 33,630 52,110 39,696 155 Retirement 13,733 8,820 1,928 7,423 15,058 25,600 16,430 TOTAL PERSONAL SERVICES - 169,781 143,924 100,682 132,137 250,050 418,842 277,383 210 Supplies/office/computers/Non-capital equip 218 4,000 300 600 100 100 2,500 4,500 220 Other supplies, safety equip, ammo, 230 Supplies & FUEL; chemicals, concession sup 240 Uniforms 312 Postage 20,000 500 320 Printing, advertising, newsletter, books 4,500 500 8,000 1,500 330 Audit, filing fees 18,150 7,200 5,000 340 Electricity, natural gas 345 Telephone, web, cell, radio, security cameras 880 300 1,000 1,400 350 Prof. Services/League/911 disp./kidsport/Eagle 492,150 1,000 2,260 3,725 10,000 1,500 45,750 362 Maint. services, building, equip,radios,landscaping 6,600 360 Technology services (court) 370 Dues & Training, meetings, League meeting 10,800 3,500 14,100 2,500 6,000 4,700 6,300 380 Medical services 390 Other Purchased Services 5,750 500 Fixed Charges, Insurance, transfers 214,025 SUBTOTAL PURCHASED SERVICES/SUPPLIES 759,425 12,480 12,300 21,460 6,625 16,500 17,700 65,200 600 DEBT SERVICE 940 CAPITAL OUTLAY DEPARTMENT TOTAL 2015 $ 759,425 $ 182,261 $ 156,224 $ 122,142 $ 138,762 $ 266,550 $ 436,542 $ 342,583 2014 BUDGET (info only) $ 827,934 $ 177,397 S 151,429 $ 112,648 $ 105,701 S 255,683 $ 426,579 $ 333,361 # FTE's approriated 0.25 Public Works GENERAL FUND APPROPRIATION SUMMARY 1.45 43 23.3 4.25 0.75 88.95 Planning Community City Hall Police Fire Department Development TOTAL 110 Salaries $ 17,604 $ 64,735 $ 2,665,840 1,554,523 $ 263,106 $ 44,693 $ 5,790,069 114 Comptime Buyback & severance. Def Camp. 15,000 5,000 $ 28,500 121 Overtime & Spec. Assign PD, 123,000 51,978 $ 175,478 153 Health Insurance 3,263 15,084 507,104 275,233 54,792 7,636 $ 1,078,351 155 Retirement 1,292 4,645 335,980 205,937 19,654 3,414 $ 659,914 TOTAL PERSONAL SERVICES 22,159 84,465 3,646,924 2,092,671 337,552 55,743 $ 7,732,312 210 Supplies/office/computers/Non-capital equip 218 6,500 41,500 24,200 7,000 4,000 $ 95,300 220 Other supplies, safety equip, ammo, 6,300 49,500 17,500 $ 73,300 230 Supplies & FUEL; chemicals, concession sup 2,500 95,000 17,325 400 $ 115,225 240 Uniforms 1,500 15,000 $ 16,500 312 Postage 2,200 $ 22,700 320 Printing, advertising, newsletter, books 5,000 1,950 $ 21,450 330 Audit, filing fees 2,700 500 $ 33,550 340 Electricity, natural gas 80,000 $ 80,000 345 Telephone, web, cell, radio, security cameras 285 250 15,500 8,500 900 750 $ 29,765 350 Prof. Services/League/911 disp./kidsport/Eagle 850 25,800 21,000 7,500 1,000 2,000 $ 614,535 362 Maint. services, building, equip,radios,landscaping 47,500 41,000 16,500 $ 111,600 360 Technology services (court) $ - 370 Dues & Training, meetings, League meeting 1,300 37,000 10,000 4,400 3,500 $ 104,100 380 Medical services 5,000 22,500 $ 27,500 390 Other Purchased Services 2,000 $ 7,750 500 Fixed Charges, Insurance, transfers 5,928 3,900 140,592 341,658 1,294 $ 707,397 SUBTOTAL PURCHASED SERVICES/SUPPLIES 17,363 165,250 453,092 482,633 17,694 12,950 2,060,672 600 DEBT SERVICE 8,277 68,002 $ 76,279 940 CAPITAL OUTLAY 118,202 32,000 $ 150,202 DEPARTMENT TOTAL 2015 $ 39,522 $ 257,992 $ 4,218,218 $ 2,675,306 $ 355,246 $ 68,693 $ 10,019,465 2014 BUDGET (info only) $ 36,819 $ 259,645 $ 4,073,422 $ 2,523,184 $ 341,653 $ 84,578 $ 9,710,033 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 1N 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 42 2886 COMMUNITY DEVELOPMENT 2887 RURAL DEVELOPMENT 2888 RURAL DEVELOPMENT #2 2915 STONEGARDEN GRANT 2916 DRUG ENFORCEMENT GRANT 2919 LAW ENF. BLOCK GRANT 2927 CULTURAL ARTS GRANT 2930 PRESERVE AMERICA GRANT 2945 CDBG - ED GRANT 2955 BROWNFIELDS LOAN REVOLVING 2956 FIRE GRANTS 2957 HAZMAT GRANT 2975 TRAILS Total Special Revenue Funds 2015 FUND POSITION Resources Anticipated Proposed Estimated Available Revenue Expenditures Ending Balance/ Beginning Year Carry over $ 2,215,018 $ 10,041,699 S (10,019,465) $ $ 1,300,000 $ (1,300,000) $ $ 603,039 $ 465,832 $ (786,066) $ $ 3,165,679 $ 415,345 $ (2,585,404) $ $ 9,388 $ - $ (9,388) $ $ 443,605 $ 1,493,000 $ (1,590,534) $ $ - $ 1,015,000 $ (1,010,445) $ $ 13,209 $ 52,324 $ (54,000) $ $ - $ 2,600 $ (2,000) $ $ 41,055 $ 736,500 $ (735,000) $ $ 427,336 $ 369,100 $ (469,577) $ 461,151 $ 106,775 $ (490,539) $ $ 107,536 $ 237,275 $ (316,619) $ $ 436,944 $ 387,000 $ (540,750) $ $ 1,275,562 $ 2,119,700 $ (2,391,914) $ $ 89,396 $ 209,850 $ (191,369) $ $ 92,282 $ - $ (92,282) $ $ 60,314 $ 315,686 $ (376,000) $ $ 322,997 $ 44,863 $ (351,370) $ $ 111,417 $ 27,750 $ (101,000) $ $ 260,828 $ 40,620 $ (261,933) $ $ 95,916 $ 53,017 $ (98,000) $ $ 105,059 $ 33,007 $ (60,250) $ $ $ 17,750 $ (17,750) $ S 22,206 $ 76,585 $ (97,383) $ $ 3,205 $ 191,940 $ (194,064) $ $ - $ 22,897 $ (22,897) $ $ $ 7,251 $ (7,251) $ S $ 101,345 $ (101,345) $ $ $ 868,590 $ (868,590) $ $ $ 19,000 $ (19,000) $ $ 11,043 $ 44,267 $ (55,310) $ $ $ 127,920 $ (127,920) $ $ 8,159,167 $ 9,601,789 $ (14,025,953) $ 2,237,252 282,805 995,620 346,071 4,555 11,533 600 42,555 326,859 77,387 28,192 283,194 1,003,348 106,877 16,490 38,167 39,515 50,933 77,816 1,408 1,081 3,735,003 C-1 2015 PAGE 2 - Fund Position Resources Anticipated BUDGETED Estimated Available Revenue Expenditures Ending Balance/ Beginning Year Carry over Debt Service Funds: SID Revolving Fund $ 72,855 $ 225,515 $ (242,308) $ 56,062 G.O. BOND, series 2012 - Refimded Pool & Fireball $ 21,520 $ 492,000 $ (502,863) $ 10,657 NEW CITY HALL Debt Service $ 325 $ 156,752 $ (156,752) $ 325 SIDEWALK & CURB WARRANTS $ 619 $ 9,567 $ (9,114) $ 1,072 SIDS $ 76,435 $ 240,712 $ (240,605) S 76,542 AIRPORT TIF DEBT SERVICE/Transfer to TIF $ 189,370 $ 646,000 $ (630,333) $ 205,037 WESTSIDE TIF DEBT SERVICE $ 988 $ 32,000 $ (32,520) $ 468 Total Debt Service fiords $ 362,112 $ 1,802,546 $ (1,814,495) $ 350,163 Capital Project Funds: 4290 WALK & CURB $ $ 25,000 $ (25,000) $ Total Capital Projects $ $ 25,000 $ (25,000) $ - Enterprise Funds: 5210 WATER * $ 5,233,562 $ 3,240,000 $ (4,833,976) $ 4,479,584 5310 SEWER/WWTP * $ 7,022,612 $ 4,618,500 $ (9,006,707) $ 5,291,004 5349 STORM SEWER * $ 2,687,826 $ 993,500 $ (2,023,306) $ 1,943,020 5510 SOLID WASTE * $ 869,411 $ 1,145,500 $ (1,571,450) $ 593,461 5610 AIRPORT * $ 101,257 $ 73,822 $ (165,996) $ 107,001 Total Enterprise Funds $ 15,914,668 $ 10,071,322 $ (17,601,435) $ 12,414,070 Internal Service Funds: 6030 INFORMATION TECH. FUND * $ 199,580 $ 396,863 $ (522,062) $ 79,381 6010 CENTRAL GARAGE $ 4,171 $ 489,970 $ (483,170) $ 10,971 Total Internal Service Funds $ 203,751 $ 886,833 $ (1,005,232) $ 90,352 TOTAL CITY BUDGET $ 26,854,716 $ 33,729,189 $ (45,791,580) $ 18,826,840 * cash adjusted +$4,034,517 for non -cash line items (depreciation) Component Units 2700 BUSINESS IMPROVEMENT DISTRICT $ 77,818 $ 92,950 $ (169,036) $ 1,732 7855 TOURISM BID (pass thru fund) $ - $ 550,000 $ (550,000) $ - Total with Component units $ (46,510,616) C-2 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 2013-2014 Add: FISCAL YEAR 2014 INFLATION ADJUSMENT @ 01.03% Section 94 (1)(a) 63,089 Less: FY16 SB96 Reimbursement through Entitlement Share Property Tax Revenue Assessed 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 (5) Amount attributable to newly taxable property Current property tax revenue (766) 0 766 6,125,136 1 63,089 (109,583) 6,078,642 39,522 It .-I 38,756 156.8 38,756 766 39,522 156.8 6.198.784 6,078,642 120,142 6,198,784 IM Mill Levy - 5 year Comparison FY2011 FY2012 FY2013 FY2014 FY2015 GENERAL FUND 119.10 123.48 132.20 131.70 134.40 PARKS -designated mills 22.40 22.40 22.40 22.40 22.40 141.50 145.88 154.60 154.10 156.80 'Permissive levies: G. O. BOND, series 2012 refunding bonds 14.2 13.5 12.5 12.5 12.50 TOTAL CITY LEVY 155.70 159.38 167.10 166.60 169.30 Health Ins. levy -premium increases 13.04 14.95 16.90 16.80 16.80 Parks health 1.60 1.60 1.60 1.70 1.70 TOTAL CITY LEVY w/PERMISSIVE 170.34 175.93 185.60 185.10 187.80 "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 5.74 (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 MONTANA Form AB-72T Rev. 3-12 2014 Certified Taxable Valuation Information (15-10-202, MCA) Flathead County CITY OF KALISPELL 1. 2014 Total Market Value*...................................................................................................... $ 1,587,574,165 2. 2014 Total Taxable Value....................................................................................................... $ 41,761,366 3. 2014 Taxable Value of Newly Taxable Property................................................................. $ 766,369 4. 2014 Taxable Value less Incremental Taxable Value** ..................................................... $ 39,521,550 5. 2014 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 B 1,339,930 453,612 886,318 Kalispell C 9,151,936 7,932,918 1,219,018 Kalispell H 22,883 126 22,757 Kalispell G 112,113 390 111,723 Total Incremental Value $ 2,239,816 Preparer Holly Dale Date 7/24/2014 *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 2014 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. 1. Value Included in "newly taxable" property II. Total value exclusive of "newly taxable" property W