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08. TIFs & Other FundsSPECIAL REVENUE FUNDS Page Fund Dept TIFS & OTHER 45-46 2185 Airport TIF $ 141,372 47-48 2188 Westside TIF $ 2,081,855 49 2310 Old School Tech TIF $ 46,250 50 2311 Old School Industrial TIF $ 13,000 51 2927 MT Cultural Arts Grants $ 23,750 52 2951 DUI Court Grant $ 90,326 53 2372 Health $ 729,000 $ 3,125,553 AIRPORT TAX INCREMENT DISTRICT "B" FUND: 2185-000-43 0300/470240/46043 0 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 Cash Total Beginning Cash REVENUES 335230 State Entitlement 371010 Investment Revenue 383001 Transfer from Debt Service Total Revenue Total Available EXPENDITURES Personal Services M & O and Redevelopment Total Expenditures ENDING CASH Cash Carry Over estimated proposed ACTUAL BUDGET ACTUAL BUDGET FY11/12 FY12/13 FY12/13 FY13/14 $1,372,945 $1,864,329 $1,864,329 $100,339 $1,372,945 $1,864,329 $1,864,329 $100,339 $14,643 $7,294 $500,000 $4,637 $5,000 $550,000 $14,832 $10,000 $500,000 $14,832 $500 $450,000 $521,937 $559,637 $524,832 $465,332 $1,894,882 $2,423,966 $2,389,161 $565,671 $17,426 $13,127 $22,843 $125,535 $11,000 $2,277,822 $21,941 $119,431 $30,553 $148,378 $2,288,822 $141,372 $1,864,329 $2,275,588 $100,339 $424,299 PROGRAM DESCRIPTION Bonds sold in September 2005 required that all taxes be deposited in the debt service fund. The same will be true of any additional bonds sold for the redevelopment of the airport. Once debt service obligations are met, funds remaining can be transferred to this fund for use with other approved projects. 45 AIRPORT TAX INCREMENT DISTRICT FUND: 218 5-000-43 03 00/470240/46043 0 EXPENDITURE DETAIL 480 470240 Personal Services: FTE's 110 Salaries 153 Health 155 Retirement Personal Services Total 000 430300 Airport 353 Auditing 356 Legal Survey/title search/appraisals/ contract services 522 Administrative transfer 820 Transfer to FAA planning grant match 840 Redevelopment activity Airport total 480 470240 Community Development 354 Avail-TVN (amended) Community Development Total Total TIF Airport Budget proposed ACTUAL ACTUAL BUDGET BUDGET FY10/11 FY11/12 FY12/13 FY13/14 0.30 0.33 0.33 0.34 $16,765 $14,563 $19,073 $17,112 $1,904 $1,914 $2,530 $3,708 $1,091 $949 $1,240 $1,121 $19,760 $17,426 $22,843 $21,941 $0 $0 $1,200 $1,600 $1,472 $1,335 $10,000 $10,000 $13,949 $11,792 $9,335 $7,831 $4,890 $0 $5,000 $0 $0 $0 $100,000 $100,000 $20,311 $13,127 $125,535 $119,431 $21,051 $0 $0 $0 $21,051 $0 $0 $0 $61,122 $30,553 $148,378 $141,372 46 WESTSIDE TAX INCREMENT DISTRICT "C" FUND: 2188 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 Operating Total Cash REVENUES 311 100 Real Estate Taxes 311200 Personal Property Taxes 312000 Penalty & Interest 335230 HB 124 Entitlement 341015 Developer payment-TELETECH 371010 Investment Earnings Total Revenue Total Available EXPENDITURES Redevelopment Activities Loan Revolving Funds Distribution or Redevelopment Total Expenditures ENDING CASH Operating estimated proposed ACTUAL BUDGET ACTUAL BUDGET FY11/12 FY12/13 FY12/13 FY13/14 $2,256,037 $2,275,372 $2,275,372 $2,740,357 $2,256,037 $2,275,372 $2,275,372 $2,740,357 $380,727 $365,000 $325,000 $325,000 $16,957 $15,000 $44,642 $45,000 $2,242 $2,000 $1,280 $1,200 $93,537 $37,232 $95,000 $95,000 $51,221 $50,000 $58,613 $0 $9,603 $20,000 $15,000 $20,000 $554,287 $489,232 $539,535 $486,200 $2,810,324 $2,764,604 $2,814,907 $3,226,557 $69,952 $88,247 $74,550 $81,855 $0 $500,000 $0 $1,000,000 $465,000 $100,000 $0 $1,000,000 $534,952 $688,247 $74,550 $2,081,855 $2,275,372 $2,076,357 $2,740,357 $1,144,702 PROGRAM DESCRIPTION The Westside Urban Renewal District was created to help redevelop the Gateway Mall area and assist with the Storm drainage problems in the area. Ordinance 1704 expanded and extended the life of the Westside Urban Renewal District for 25 years with the sale of an Urban Renewal Note in the amount of $500,000 to Rocky Mountain Bank. The District has since been expanded to include the Core Area Redevelopment Boundary. 47 WESTSIDE TAX INCREMENT DISTRICT FUND: 2188 COMMUNITY DEVELOPMENT Personal Services FTE'S 480-470230 110 Salaries-Admin 153 Health 155 Retirement Total Personal Services 353 Audit 354 Transfer to Port Authority-bldg maint. 356 Contract services/note issue costs 840 Transfer to debt service Fund 3188 522 Administrative Transfer 710 Loan Revolving Funds 720 Redevelopment Total Community Development TOTAL BUDGET EXPENDITURE DETAIL proposed ACTUAL ACTUAL BUDGET BUDGET FY10/11 FY11/12 FY12/13 FY13/14 0.33 0.355 0.66 0.66 $11,145 $18,667 $37,691 $36,305 $1,243 $2,434 $6,079 $5,823 $725 $1,220 $2,451 $2,394 $13,113 $22,321 $46,221 $44,522 $1,200 $1,200 $1,250 $2,000 $5,979 $5,000 $5,000 $0 $663 $18,337 $2,000 $0 $6,000 $32,000 $32,520 $25,000 $17,094 $1,776 $2,813 $0 $0 $500,000 $1,000,000 $0 $465,000 $100,000 $1,000,000 $32,842 $512,631 $642,026 $2,037,333 $45,955 $534,952 $688,247 $2,081,855 48 2310 OLD SCHOOL STATION TIF-TECHNOLOGY "G" FUND: 2310-480-470210 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 Operating Cash -Redevelopment REVENUES 311110 Real Estate Property Taxes 311200 Personal Property Taxes 315000 Penalty & Interest 335230 1113124 Entitlement 371010 Investment Earnings Total Revenue Total Available EXPENDITURES 354 Contract Services- Bond Counsel 355 Glacier Investment Reimbursement 356 FED -EX Reimbursment/Developer agreement 820 Operating Transfer -debt service pledge Total Expenditures ENDING CASH 10100 Operating Cash -Redevelopment estimate proposed ACTUAL BUDGET ACTUAL BUDGET FY11/12 FY12/13 FY12/13 FY13/14 $4,601 $1,120 $1,120 $310 $39,963 $47,000 $40,435 $40,000 $9,382 $6,298 $6,298 $6,000 $71 $0 $63 $50 $724 $362 $362 $0 $0 $100 $50 $50,140 $53,298 $47,258 $46,462 $54,741 $54,418 $48,378 $46,772 $0 $1,000 $143 $1,000 $12,713 $12,340 $12,338 $12,500 $10,908 $10,588 $10,587 $10,750 $30,000 $30,000 $25,000 $22,000 $53,621 $53,928 $48,068 $46,250 $1,120 $490 $310 $522 PROGRAM DESCRIPTION The Technology TIF was created to enable the development of the Tech Park by using the taxes paid by the property owners to pay down the infrastructure SID debt. Additionally the tax revenue generated can be used for other redevelopment activities as provided by Montana law and the developer agreement. CityCouncil in July 201 1 approved an agreement with Glacier Investment Properties, ovvmer of Lot 7 to reimburse the SID costs from their increment. This is a similar agreement as we have with Fed -Ex. WE 2311 OLD SCHOOL STATION TIF-INDUSTRIAL "H" FUND: 2311-480-470210 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 Cash Operating -Redevelopment REVENUES 311100 Real Estate Taxes 311200 Penalty & Interest Total Revenue Total Available EXPENDITURES 790 Redevelopment activity 820 Operating transfer to SID debt Service -pledged Total Expenditures ENDING CASH 10100 Operating Cash -Redevelopment estimate proposed ACTUAL BUDGET ACTUAL BUDGET FY11/12 FY12/13 FY12/13 FY13/14 $7,462 $61 $61 $254 $5,408 $91 $12,000 $600 $11,500 $1,354 $12,000 $1,000 $5,499 $12,600 $12,854 $13,000 $12,961 $12,661 $12,915 $13,254 $0 $12,900 $0 $12,661 $0 $12,661 $13,000 $12,900 $12,661 $12,661 $13,000 $61 $0 $254 $254 PROGRAM DESCRIPTION The Industrial TIF was created to enable the development of the Tech Park by using the taxes paid by the property owners to pay down the infrastructure SID debt. Additionally the tax revenue generated can be used for other redevelopment activities as provided by Montana law and the developer agreement. 50 MONTANA CULTURAL ARTS GRANT FUND: 2927-400-460452.... 460454 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 010100 CASH: operating REVENUE 334061 Hockaday 334062 Glacier Chorale 334063 NW MT Historical Society Total Revenue Total Available EXPENSES 400 CULTURAL ARTS GRANTS 460452 354 Hockaday grant 460454 354 Glacier Orchestra & Chorale 460456 354 NW MT Historical Society ENDING CASH Cash Carry Over estimated proposed ACTUAL BUDGET ACTUAL BUDGET FY11/12 FY12/13 FY12/13 FY13/14 $0 $0 $0 $0 $7,398 $6,162 $2,370 $4,500 $6,500 $2,500 $4,500 $6,500 $2,500 $0 $11,250 $12,500 $15,930 $13,500 $13,500 $23,750 $15,930 $13,500 $13,500 $23,750 $7,398 $6,162 $2,370 $4,500 $6,500 $2,500 $4,500 $6,500 $2,500 $0 $11,250 $12,500 $15,930 $13,500 $13,500 $23,750 $0 $0 $0 $0 PROGRAM DESCRIPTION The Montana Arts Council provides an annual grant to the Hockaday, the Glacier Chorale and NW Montana Historical Society . The City is the sponsor for these Grants. The funds flow through the City's books and so are budgeted here. These are grant recommendations in the Governor's budget for the 2014 & 2015 budget to be approved by the legislature. 51 DUI COURT GRANTS FUND: 2951-406-4103 60 REVENUE PROJECTION - FUND SUMMARY BEGINNING CASH Cash on Hand REVENUES 331149 DUI COURT GRANT #CTS 106006 331150 DUI COURT GRANT 351016 DUI Court Fees 383000 Transfer from General Fund Total Revenue Total Available EXPENDITURES Maintenance & Operations: 354 Cont Sery - Eval, PO, LAC CTS 106006 355 Cont Sery - Eval, PO, LAC 396 DUI Court Incentives Total Maintenance & Operations ENDING CASH Cash on Hand estimated proposed ACTUAL BUDGET ACTUAL BUDGET FYI 1/12 FY12/13 FY12/13 FY13/14 $0 $5,280 $5,280 $13,243 $59,739 $14,616 $5,280 $852 $37,261 $130,462 $3,000 $0 $30,392 $49,699 $8,756 $0 $6,869 $80,763 $3,000 $0 $80,487 $167,723 $88,847 $87,632 $80,487 $173,003 $94,127 $100,875 $57,045 $16,983 $1,179 $39,955 $130,462 $0 $30,392 $49,699 $793 $9,563 $80,763 $0 $75,207 $170,417 $80,884 $90,326 $5,280 $2,586 $13,243 $10,549 PROGRAM DESCRIPTION Resolution 5475 accepted grant in the amount of $112,479 which was an increase in appropriation of $81,043 over the original budget. FY12 is a carryover. Fiscal year 2013 Resolution 5594 accepted grant in the amount of $130,462. 52 HEALTH -permissive levy FUND: 23 72-400-521000-810 REVENUE PROJECTION 16.55 18.5 18.5 BEGINNING CASH 10100 Cash on Hand REVENUE 311100 Real Estate taxes 311200 Personal Property taxes 312000 Penalty & Interest Total Revenue Total Available EXPENDITURES 521000-810 Health Insurance -transfer to General Fund 521000-810 Health Insurance -transfer to PARKS ENDING CASH Cash Carry over estimated proposed ACTUAL BUDGET ACTUAL BUDGET FY11/12 FY12/13 FY12/13 FY13/14 $ 15,234 $ 34,609 $ 34,609 $ 39,028 $ 637,394 $ 699,658 $ 699,658 $ 700,000 $ 26,227 $ 22,157 $ 30,000 $ 22,157 $ 3,901 $ 3,000 $ 3,000 $ 2,500 $ 667,522 $ 724,815 $ 732,658 $ 724,657 $ 682,756 $ 759,424 $ 767,267 $ 763,685 $ 583,147 $ 660,239 $ 660,239 $ 657,000 $ 65,000 $ 68,000 $ 68,000 $ 72,000 $ 648,147 $ 728,239 $ 728,239 $ 729,000 $ 34,609 $ 31,185 $ 39,028 $ 34,685 PROGRAM DESCRIPTION This budget is used to track the revenue from the permissive mill levy which provides funding for health insurance premium increases. Health insurance premiums are budgeted in the General Fund by department. The revenue generated from the permissive levy is used to make an operating transfer to the General Fund. The State legislature restructured the method for calculating the amount to be levied with the permissive health levy. The calculation sets year 2000 as a base year and calculates the average increase per governmental employee times the number of employees. Since it is an average amount, currently $985 per employee, it is not necessary to adjust for single, married, 2 party, etc. The calculation takes into account the number of employees. 53