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HomeMy WebLinkAboutAgenda Packet 07/30/2002 r---... r FORTAN'GELES WAS H I N G TON, U. S. A. AGENDA CITY COUNCIL MEETING 321 EAST FIFTH STREET Bed~y Upton City Clerl~ July 30,2002 SPECIAL MEETING' - 6:00 p.m. A. CALL TO ORDER - Special Meeting (6:00 p.m.) ROLL CALL - PLEDGE OF ALLEGIANCE - B. ITEMS FOR DISCUSSION - 1. Mid-year Financial Report " 1. Governmental Fund Projects 2. Award Contract for Revitalization of Carnegie Library 1 31 Present Report Approve List of Projects Award Contract 35 i C. ADJOURNMENT G:\CNCLPK1\AGENDA\02-0730 Spec mtg,wpd Public hearings..are. set'by.th.e9itYCo~ncil.'in..ordert()rneetJe~alrecf9Ir~m~9~. . amendmentstoCity.landHseTe!JUlatiol1~,zoning9hang~s.}lnnexati()l1s; 111. a'ddIJ()n, ...eCit}t.(.:oUncilrTlayselapublic hearirigjnordEino.. receIve public input prior to makingdecisionswhich impact the citizens. Certain rnatt~rs may be cOl1troversial; and the City Coul1cil may choose to seek public opinion through the public hearing process;.' . NOTE: HEARING DEVICES A V AILABLEFOR THOSE NEEDING ASSISTANCE MAYOR TO DETERMINE TIME OF BREAK July 30, 2002 Port Angeles City Council Meeting Page - 1 FORTANGELES WAS H I N G TON, U. S. A. CITY OF PORT ANGELES CITY COUNCIL SPECIAL MEETING I. CALL TO ORDER - SPECIAL MEETING: II. ROLL CALL: Members Present: Mayor Wiggins Councilman Braun Councilman Campbell Councilmember Erickson Councilman Headrick Councilmember Rogers Councilman Williams Staff Present: . Manager Quinn ~~ttomey Knutson - ~. ~ - Clerk Upton B. Collins M. Connelly G. Cutler D. McKeen T. Riepe y. Ziomkowski ~ rl_ Other Staff Present: -=z=- ~:~~j>~ v/ July 30~ 2002 ~f "1(\- III. PLEDGE OF ALLEGIANCE: Led by: .3..i.ntl.AA.o <;;;);;, 0 ~ rD..At.-' ~..OOJ.dJl>..;.. CITY OF PORT ANGELES · ~ORTANGELES WAS H I N G TON, U. S. A. CITY COUNCIL SPECIAL MEETING Attendance Roster DATE OF MEETING: July 30. 2002 LOCATION: City Council Chambers jOA ~ORTANGELES WAS H I N G TON, U. S. A. CITY COUNCIL MEMO DATE: July 30, 2002 To: MAYOR WIGGINS AND CITY COUNCIL FROM: YVONNE ZIOMKOWSKI, FINANCE DIRECTOR SUBJECT: Mm- YEAR BUDGET STATUS REpORT This is the budget status report for the six-month period ended June 30, 2002. These reports show the City's financial position at midyear as compared to the budget and the same period in the prior year. The reports are divided by funds and show revenues by sources and expenditures by department and object. The percent of revenue to collect columns reflect uncollected revenues as compared to budget. Funding available columns show the percentage left to spend in the 2002 budget. The benchmark, for analytical purposes, should be 50% assuming all financial transactions occur at the same level each month. Higher percentages might indicate seasonal spending and possible savings. Lower percentages may mean potential spending over budgeted appropriations. Following the narratives are tables and schedules showing details of all revenues and expenditures by fund, department, and object. These reports are mostly for informational purposes. A presentation will be made at the July 30, 2002 Special Council meeting, showing where we are according to the budget. At this time, staff will indicate possible budget savings or overruns and estimates for the City's financial condition for year-end. Since utilities operate on an entirely or a predominately self- supported basis, the major attention will be given to governmental funds. General Fund Summary As of June 30, the General Fund is on "General Fund Revenue target with 49.5% of revenues collected and 45.5% of appropriations expended Revenues General Fund Revenue by major revenue source is depicted in the following table. Since more than 60% of the General Fund revenue is in the tax category we evaluate this revenue very carefully. Over 50% of tax revenue, which includes property taxes, sales and use taxes, utility taxes, and a YTD June 2002 Budget 2002 % of Budget to Collect Taxes Licenses & Perm Its Intergovernmental Charges for Services Fines & Forfeitures Miscellaneous Transfers - in Total 3,977,133 92,255 271,161 1,642,863 113,374 145,056 127,102 7,899,226 256,525 441,624 3,519,805 243,000 267,573 254,200 6,368,944 12,881,953 49.65 64.04 38.60 53.33 53.34 45.79 50.00 50.56 1 small percentage of other taxes such as gambling and leasehold, has been colleCted as of June 30. .' This collection is at a slightly lower, level as sonipared to prior y~ars .at this time. The 53% collection of property taxes, the largest single source of revenue, is 2.3% above last year's level. This increase was included in the budget and represents a 1 % overall incr~ase in the levy and new construction. Colle~tion of rn,6re than 5.0% doesn't iridicate that we will collect more than budgeted. Usually collection in the frrsthalf of the year is higher than in.the second half. In the.. future, as a result of recent initiatives, increases in the property tax levy are limited to only 1 %. Utility tax collection, the second: largest source of re~enue ip. .the GeneraJ. Food, is 8.7% higher than 2001 levels. This is the only revenue source that has increased in . .. . . the past years. Unfortunately, this is only the result of increases .,in. water and electric utility. In the past ten years, the number of utility accounts has not grown; which indicates a. static population. At this time, a 51.3% collection of utility taxes may indicate higher than budgeted revenue. However, the two-week closure of Daishowa paper mill in July and 3I!-other one,possible l,ater in the year, may result in lower than budgeted revenue. . Electric services provide 63% of all utility taX revenue and any change in the power purchase m~ket irifluences this revenue. Since utility taxes apply to all utilities providing services in the City, the formation of storm water management may.bring additional revenue to the General Fund. This item is not a large revenue source since our goal is to minimize charges to the property owners for storm water control. ' . . . . . . '. . ". .".". S~les Tax, which was formerly the largest revenue source, accounts for 17% of total revenues. Tlie ~xable base includes all retail sales of personal property to state residents and$ome professional services. Sales tax is on target with almost 50% of revenue collected and is 2% higher than last year at the same time. Since' collections are us~ally greater the second half of the year (due to a tourism season) it is possible that we are going to collect more revenue than budgeted. However, most of the increase was attributed to some unique events that occurred III "C C C'CI III ::::l o J: I- 2,450 2,400 2,350 .' 2,300 2;250 2,200 2,150 2,100 2~050 2;000 ..~, ~ ~ ~ ~ ~ ~ ~ ~ ~~. ~}~ ~ ~ ~ ~ ..'" ..'" ..'" ..'" .... ..'" ..'" ..'Ii ..'" ..'" "''11..._ 0. v'" v~ v'" "'~<:> (o~ (~- (0\- (o't f'I,~ ~~, ~~ ~ ~ . "'~~ "'~~ "'~~ "'~<:> _Electric Utility _Water _Westewater ........;..So/ld Weste Sales Tax Revenue R~ . ""'.. I' Ill' III I!II. II ~rI Ill! ~ .. ...... ft" .... II l1li ~.. "l'),; '"',' 1II1i1111ll!lt'll . -~ ..I!.a iIiI 11(";". II!. III 1ft,. ~ .~ ~ ~ ~ ~ b ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~qj ~~ ~q ~q ~Oj ~~ ~qj ~q. ~Oj ~~ ~tS e~ rl' ~~. ~~ ~~ " " " " " " " " " " ~~,.. RO .ev .ev .ev ",tS <l(,O. <l(,O~ ~(,O~ <l(O~ ~"'. ~~ ~~ ~~ ",tS ",tS ~ ",tS 2 during the Winter and higher activities in construction. We also have to take intO consideration that' this collection is still 4.2% Jess than in 2000 anhesame,time. We,don't like to hear nor say the "r", . . . - .. ," '" .",..', word, .but it is clear that the economic situation has not improved and it is becoming increasingly important to enhance our efforts toward economic development. Telephone taxes, levied at 5.5%, are below expectations. In past years, this revenue source was growmg rapidly due to the increasing popul~ty of cellular phones. This year, receipts are coming " in at below budgeted levels. If this trend continues, we may collect $50,000 less tax than originally budgeted. It' is possible that the increased 'popularity of e-mail, prepaid phone cards, and fixed long di~tance rate programs have limited growth'of this revenue. There is almost no growth in other revenue sources. Collection of leasehold and gambling taxes is below 2001 and 2000 levels. Intergovernmental revenues, which are mostly state shared - .. . . . . . . . ., revenues, grants, and local agenCies participating in 'our programs"are 4% less than in 2001 and 11 %" less than in 2000. Additionally; in 2003 we are going tol08e$124,565 in state assistance programs . ," . .". ., . .....' ". .'. and there is a possibility oflosing some criminal justice funding. Our goal is to aggressively seek new grants and partnerships with other agencies. Other'budgeted intergovernmental 'revenue, such. as liquor board profits and liquor excise tax are on target and all budgeted amounts/should be collected. " , , , Fines and forfeitures ,are at 47%. This is below the budget, but since this represents only five months of collections, we should be able to collect at the budgetary level. This year there is no problem with the c~llection of licenses and permits. Building permits are at . 63% collected and are 29% higher than last year's level. Higher than expected activity in construction also increased sales tax collections. Interest revenue is very disappointing. -' - ," . Eleven rate cuts in 200112002 resulted in the lowest interest rates in 40 years. The' ,Fed rate is 1.75%. The Local Investment ''State Pool, usually the best for short term investments, ,has been" yielding " 1.75% to 1.85%. Two-year bonds are at 2.2%. To earn more than 3% in interest, , we would have to extend maturities to , , more than 2.5 years. With the negative fluctuations in the stock market there is very little possibility of increasing rates in 2002. This revenue is 29% below the " 2001 level, but I hope to .collect at, the budgeted level. 4OO,(XX) 350,(XX) ~,(XX) 250, (XX) 2OO,(XX) 150,(XX) 100, (XX) 50, (XX) o "'C::> ","- "''\. "'~ ",b< "'~ ",q, ",,\ ",'0 "'~ "C::> ~ ' i ; ; q)'J q)'J q)'J q)'J q)'J' q)'J q)'J q)'J q)'J q)'J ~", 0~ ~ ",e ,!<$J ~0 !<$J ~ ~ ~ ~ ~ ~ ~c~ ~ ~ ~ "- ~.~.~.~ , rf'C::> 9.,,0 9.,,0'<;9.,0'<;9.,,0'<; , S)'\. S)~ ~ S)~ , '\.~ rps rps rps " Overall, it is very difficultto estimate what, ifany, the City may have as revenue surplus. Based on 3' prior experience, I think we may collect approximately $50,000 more than budgeted. However, there are still unknown factors which may influence revenue collection in the second part of this year and I have to be careful in my projections. General Fund Expenditures Expenditures YTD June 2002 Budget 2002 % of Budget to Spend General Fund expenditures are right on target with more than 54% of budget left to spend. The tables in the attachment show General Fund expenditures by department and by object and the table below shows expenditures at the summary level. Although the 50% benchmark determines whether Total departments are staying within their budget, there is occasionally a one -time (e.g., capital) or seasonal (parks, street) expense that may alter the analysis. To estimate the year~end position based on current levels of spending would be a mistake since capital purchases,. transfers, and seasonal labor usually occur in the summer. Personnel cost Supplies Charges for Services Intergovernmental Capital Outlay Transfers. out 4,397,246 204,397 900,464 452,339 14,324 27,502 9,140,483 416,059 1,926,140 996,687 101,062 300,860 51.89 50.87 53.25 54.62 85.83 90.86 5,996,272 12,881,291 53.45 Operating expenditures, which include personnel, supplies, and charges for services, are at 52% unexpended and reflect a reduction in overall expense as compared to the 2001 level. While the percentage of reduction is small, the reality is that the fund operations have to absorb the mandated expense of increased jail costs, intergovernmental fees, inflation, accelerating medical costs, and labor agreement impacts. In the past five years, we have been keeping a tight rein on our expenses. It is increasingly difficult to provide quality services with no budget increases. Personnel costs represent more than 70% of our budget. Even with a 20% increase in medical costs and a 3.15% cost of living increase, we are still below last year's levels. This is attributed to reducing personnel through attrition, postponing the hiring process, and lower rates in the state retirement program. As always, we are concerned over the growing cost of the county jail. In the past three years this expenditure has increased at a high rate These charges include the incarceration program as well as medical care for the prisoners. If jail expenses for the remainder of the year are at the same level as year-to-date, we will be over budget. At this time I don't estimate going over the total General Fund budget, but I am cautious about promising any savings. Reserves Reserves or "unreserved fund balances" provide a measure of the financial resources available for future use or appropriation. How do we determine what is the "right amount" of reserves? Generally, fund balance should be maintained at a level that provides adequate cushions in the event of economic recession or unanticipated revenue shortfalls. Further, it should insure desired cash flow levels to avoid unnecessary short-term borrowing. On the other hand, keeping excessive fund 4 balances, especially when there isa 'I. great need' for capital improvements, may ~eflect poor management and.1apk OfpbliCies. . .. 145 c:: "4 " ~ 3 In th~years 199i-1998,fUnd bal~ces i 2 in the General. Fund consistently 1- improved .as a result of a very 0 controlled approach to both revenue ,....1), ,....~ ~d spending. Durjng these years, .. funds were not designated for street 11II . projects or. equipinent replacement.. II!l .. m II The City' s ~eeds, especially in the area ,. . of street improvements and capital proje,ds, have been"growirlg rapidly. To fulfill these needs staff,. wi~ the City Gouncil's ~ppioval"decrease9 thefun~ baI~ce by ~nw~t $2.5 Itlillion. (~hich. . represented almost 58% of the reserves) and designated those funds toward the capital improvement program, buying .back part of equipment replacement~ and'designating $350,000 for the special.' contingency fund. .. "IiI . ........ General FunCl [Unreserved Fund Balances . Ii . 11II . 11II I . ~~ ~ ~~ ~ '. . ~ . . ~ 'i' ~ ~ ~ ~ ~ ~ .~ ~ ~ ,..~ ,..~ ,..~ ,..~ ,... ,..~ I),~ f\. ~... '~~'Il '" ~ I), I),~ . III . . Our Financial Management policy sets the minimum level of fund balance.at 10% of the General, Fund budget. At this.time, we maintain an almost $2 million balance, which is close to 15% of the budget. Presently, we are committing any budgetary "sufpius" to capital i1eeds~ In 2001 we were able to save, $500,000 arid together With tpe Counc~l we must deCide h~w to destgn:ate those funds. . The current fund balance levei is adequate in the Gener8I .FUnd, however, it is very unPbrtant that we contiIiueto walk the conservative road because ofthe overall economic outlook and not allow hits on the. reserves. (This issue will be further discussed in the folloWing memo regardingfimding capital projects) " , Outlook for the Future Every. year the Finance Department updates the City's' five-year forecast. We assume the task of projecting revenues and expenses, calculate estimates of growth and impact _~ased on expliCit assumption and policies, and factor in special circumstances that influence the cost of providing servicys. TIu.-ough this strategic exercise, we hope to forecast financial trends which will enable us to plan for necessary adjustments. The proactive ,16,000,000 14;000,000 12,090,000 10,000,00 8,000,000 o -2,000,000 1999 ".~~~~I e:::t~o~~o~$;~~~o~$;o~~o~S;o~~~~$~o~~o~$;or~ca$t _Revenues' .Expenses qReserves I 5- approach to the City's - Forecast finances IS becoming a Bu~get priority. As the graph and 2002 table display only.' with Revenues 12,B81,954 . ' . Operating Exp. 12,499,196 keepmg thestatus quo an4 Capital Exp.lCIP 382,757 not dping any Illajor capital Revenue less Exp. 0 projects, the fund balance Ending Fund Balance" 2,440,620 in General. Fund would be . . depleted in year 2005; We "Endlng'Fund Balairce for 2002 includes $500,000 "surplus" from 2001 budget. must be more diligent. in . seeking. operating Assumptions: f~. .. d 1- k i: "COLA 2.5% In 2003,2.7% after e IIClenClesan 00 lOr." .. d'" I I' 12"'. 20.' 03 5% ft. /lie lea ,nsurance /. In ,. a er ".Llabillty Insurance 5%,ln 2003, 3.~% after " no increase in number of personnel new revenue sources. Street Fund Projected Forecast 2003 2004 2005 2006 12,836,496 12,997,901 13,162,712 13,301,033 ' 12,958,353 13,396,757 13,B53,681 14,330,152 250,000 250,000 250,000 250,000 (371,B57) (64B,B56) (940,969) (1,279,119) 2,068,f63 1;419,907 .' 41B;938, (BOO,1B1)- Revenues in this fund are derived primary from property taxes (37%) and gas tax,es (35%). hi addition, 25% of this fund is supported . . . by internal.transfers from Solid Waste, Real Estate Excise Tax, and General Gas Tax Revenue Summary Fund. Although only 45% of gas taxes were collected year-to-date, this revenue is cyclical, with higher receipts in the second half of the year. However I am concerned, as these receipts are 8% lower than last year and 11 % less than in 2000 at this time. From 1991~ gas tax. revenue has been declining from $24.54 to $2L32 per capita (ove.f 13%). At the same time, the need for street .' maintenance and trap-sportation infrastructure increased significantly. 30 ~ ~ 20 u .. " Q. tII- 10 ~" ~'" ~"J ~... ~~ ~fO ~~ "q "q "q "q "q "q "q . '" ~ffJ ~Oj ~t:; ~" ~e "q "q "'~ "'~ ~~ ~- ~'" "'~ . . The spending level in the street fund is al~o seasonal in namre. Street maintenance and construction activities accelerate during the summer months. We have just started a street paving project for a total.cost of $250,000.lnthe 2002 budget, we had included $80,000 for street lighting. However, several cities challenged this mandate and after a court ruling against the cities' position~ 'the State' legislature passed a law allowing us to return the expense for street lighting to the Electric Utility Fund. This action allows us to save the $80,000 and designate the funds toward another project, such as the Carnegie Library. As a result of a more aggressive pavement and chip sealing program, the Street fund balance 6 decreased in the last foUr years.' Weare con~eined about funding' sources for street and bridge projects in, the future. We have' been, supporting the Street Fund, ~ith transfers from' the General , . . Fund, and by using Real Estate, Excise Tax funds to pay for debt service on the 8th Sfre~t reconstruction and Marine Drive. We also have been identifying major projects in' the Capital I Facility Plan (CFP) to secure some fu.llding. We are very aggressive in seeking state and federal grants. During the years 2000-2002, the' City recdved more tha!J. $5 million in grants and low interest" loans for streetprojects. Major projects funded by grants are 8th Street Reconstruction and the Airport Road Realignment. Street Reserves T h '6.00 o u 5400 a n d 200 5 o 1997 1998 1999 2000 2001 2002 Gove~mental Capital Improvement Projects In. May and June, the City staff and CounciL evaluated a list of projects andidentified funding sources. The folloWing list includes projects which are already under construction or. have been authorlzedby the Council and therefore, the funds have 'already been comniitted.The toullamowlt for these projects is $1,233,000. .$80~000 Waterfront Trail- Rayonier Mill site . $25,000 visibility study for the pool renovation · $568,000 Fire Station roof repair · $150,000 Olympic Discov~ry Trail,:, RaY9nier to'Morse Creek ($36,000.,in 2003,and $114,000 in 2004) · $10,000 to finalize Francis Street Park · '$50,000 Lauridsen Blvd.! Airport Road realignment ($75,000 less th~ previously estimated) · '$90,000 to finalize 8th Street restoration ($25,000 more than previously estiinated) · , $185,000 Laurel Street slide repair (2002) . $50,000 Ediz Hook rip rap repair (2002) · "$25,00.0. City east entrance trees (20.02) . . In addition, the revised list of 2002/2003 projects totaling $742,000 includes: · $25,000 City east entrance trees (2003) · $50;000 sidewalk program ($25,000 in 2002 and $25,000 in 2'003) · $110,000 Carnegi~ Library (2002) · $20,000. ADA Curb Ramps/Chargers (2002) · $182,000 Pool renovation (2003) · $280,000 8th Street bridge replacement design, matching funds (2003) · $25,000 City Pier dredging and pilling replacement (2003) · $50,000' Laurel Street pavers - Railroad to 1st 'Street (2003) 7 The funding sources for capital projects are limited to $1,475,000 of existing funds and possible allocation of $500,660 from 2001 budgetary "surpluses." Staff also needs Council's direction on how to proceed with the Carnegie Library project. This project was developed with resources including $800,000 of funds already accunlulated, $110,000 identified in the CIP allocation, and a promise from the Walkl~g Trust, for $20q,000. However, based on ~ecent an4 current ,stock market performance, the initial paYment from the W3Ik1ing Trustwill !ikelydecrease to' $1.00,000 orless. It is possible that the City may have to designate an additi()l).al $100,000 to $150,000 for the completion of this project until-~e remaiI~.der of the Walkling Trust f\mds are rec~ived. We propose to use $80,000 from Street Lighting and ' $20,000 for this ye~'s highe,r revenue collections. Other Funds HotellMotel Tax Lodging taxes are the sole source of revenue for this fund. This is a 4% tax on the cost of renting a room in a hotel or motel within the City. The first 2% is derived by taking 2% ofthe ~tate's 6.5.% sales tax and rebating it back to the community for local programs to promote tourism. The additional 2%, which was authorized in 1998, is to be used solely for tourism marketing and promotion. Hotel Motel Tax T h o u s a n d s o 2002 budget Historically, the. City receives the majority of all hotel/motel tax revenue (72-75%},in the last six moths of the year (see Schedule B). So, even at 70% of revenue .left to collect,;this fund is ahead of target. To date, this year's collections exceeded last year's by13%. If this trend continues, we may collect $10,000 to $20,000 more than budget~d..Beautiful weather and special events are positive factors. New pr~grams ~d marketing efforts have an effect as well. The positive ~~8nge occurred as a result of the Tourism.Marketing Campaign being reoriented to ,the . Chamber of Commerce without direct control by the Visitor & Convention Bureau. This is the second year $100,000 was designat~d for acquisition and construction of a new convention center. The same amount will be reserved for the remainder of20 years. Electric Utility Fund Operating revenues are below budget with 56.6% left to collect. This is a result o(the consumer electricity reduction agreement with BP A, which gives customers credit for consuming 10% less than at the same time last year. This program has been very successful and in the first five months our customers saved $400,000. We estimate that similar saving will be re~lized for ~e remainder of the 12-month program. On the expense side, there is a direct correlatioI}. between pOwer sales and power purchase. For this reason, power purchase is also below budget with 60% left to spend. We 8 are projectirig that both power sales and po:wer purchase will need to be adjusted down, especially since Daishowa closed its operation'for two wyeks. in July and there is a , possibility of another closure later ~ this year. ~ :E Capital budget, which inCludes a fiber. optic~ project and several reconductoring and conversion projects, is 93% unexpended. Some of these projects start during su'mmer nionths and should' be completed by latter year end.i002 and into 2003. The fiber optic pilot project has been cancelled, and the funds from this project will be used for the I-Net (Institutional Network) project. . Cash Balances - Utilities 12 10 8 6' 4 2 ,0 1996 1997 1998 1999 2000 2001 YTD '2002 . , . . . . , - Electric - .WaterlWastewater -'Solid Waste . . Utilities have a more flexible budget than governlnt(ntal funds and are, analyzec1to insUre that revenues are adequate to pay expenses . and fund smaller capital projects. The electric utility is still stable with $5.5 million of unreserved cash balance, over $0.5 million reserved for debt ~ervice an~. contingency, and $1.7 million in the rate stabilization fund. The'cash balances are lower thanlast ye,ar, but this was anticipated in the budget. Water'and Wastewater Fund There is a seasonal impact on water sales which is reflected .in the year-to-date revenue being 3.6% below budget. Wastewaterrevenue is on target with 49% left to collect. Both of the utility collections are higher than last year as a result of a rate increase in January 2002. . Operating expenSes are below budget with 55,% left to spend. Constructio.n project~, which include Peabody Heights reservoir cover ($550,000), pump., station 1 & 3 construction ($500,000), pipe replacement ($450,000),' and several smaller projects, should be completed later this year. Water & Wastewater Historical Rate Comparison $40 .. . $35 ""... · " l1li $30. $25 $2 o' ...... ~ ... $15 $10 $5 $0 ~.", m l1li111"'" 1'1 .. 4, gg'l 4, gg" 4, gg~ 4, gg~ 4, gg1 4, 99'6 4, g"99 ?,OOO ?,~o4, ?,OO?' .. ..- "'11", .' .. "If a IE III . .. . u:i .. m '!!' . . -, . ~ ..... iii !llI;:,e: ~. '11'.. ~ , vfiJI ,. ,oI! ' r~ ",. II ~~, '. .'" u,: .,. II.. .. n III '~'\II -III . .. M ~ ," ~, .. .r l1li ~ .~ ...1....." . f -+- Water _ Wa~tewater .1' We implemented a three-year rate mcrease program starting January 2000 to fund severa.l major water. and wastewater project~ and to make additional debt payments. The cash balance in this fund is still a healthy $6 million arid includes $2 ; . . '. . . . , million for rate stabilization. However, with the completion of capital,projects, I estimate the cash, 9' reserves to decrease by approximately $2 million to $3 million by year-end depending on receipt of a $1 million PWTF loan. Solid Waste Fund Operating revenues in this fund consist of residential, commercial, and landfill sales. Revenues are on target with almost 49% left to collect. Operating expenses are also on target. Major projects include the 90-gallon conversion and long-term planning to develop basic concepts for the best alternative for refuse disposal. following the 2006 landfill closure. After retiring the debt in this fund..in 1997, the cash balances have been consistently increasing. However, a major portion of cash reserves is designated for landfill closure and post-closure expenses (almost $4.8 million or 61 % in 2002). The rest of reserves, estimated at approximately $3 million, will be designated for the development of future collection solutions, such as a transit station. Internal Services Funds This group includes Equipment Services, Information Technology, and the Self-Insurance fund. All these funds operate on the basis of reimbursement for their services. Equipment Services accounts for the motor pool operations of the City including fleet rental and replacement. As of June 30, expenses in this fund were in compliance with the budget. All $4 million in cash reserves is designated for equipment replacement. Since implementing changes in replacement allocation in year 2000, we have returned a positive cash flow arid increased the cash reserves. As the preliminary analysis of the replacement program has shown, this fund has adequate reserves to cover replacement of small equipment and vehicles. However the replacement reserves do not include future cost increases for equipment. Additionally, our challenge is to cover the gap in unfunded equipment costs from the General Fund operation and to replace large or specialized equipment such as the fire pumper or construction equipment. Information Technology expenses include hardware and sofuyare purchases, maintenance, labor, and supplies related to network, PC, and mainframe support. We are in the process of implementing a new financial computer system. Some of the modules, such as general ledger, payroll, accounts " ., payable, and utility billing, will be operational in January 2003. Additionally, IT staffis working on other projects, e.g., I-Net, oracle, imaging. ( As of June 30 expenses were on target. However, due to unforseen circumstances in personnel changes and because most of the implementation and conversion work will occur later this year, we may exceed the budget. 10 At midyear, the Selflnsurance Fund expenses were higher than budgeted and 27.6% more than last year. Weare in the process of evaluating the high level of self-insurance expenses, but with less than 40% of the budget left to spend, a high level of workers compensation claims, and an increase in Teamsters medical coverage costs in September, I am convinced we will need budget amendments. I am concerned about decreasing cash reserves in this fund. As of June 30, cash balances were $356,000, much below the recommended minimum of one-half million dollars. As usual, I will be available at the meeting to answer your questions and concerns. 11 %of YTD %Of Budget June Change to Collectl 2001 Spend Revenues: Taxes 3,827,627 3.91 49.65 Licenses & Permits 71,308 29.38 64.04 Intergovernmental Revenues 282,364 (3.97 38.60 Charges for Services 1,946,604 (15.60 53.33 Fines & Forfeitures 159,927 (29.11 53.34 Interest on Investments 132,140 (28.86 41.77 Miscellaneous Revenue~ 105,763 (51.73 51.90 Other Financial Sources (ROI) 29,602 (0.01 50.00 Transfers -in 104,992 (7.13 50.00 Total Revenues 6,660,327 50.56 Operating Expenditures by Object: * Personnel Benefits 4,410,419 (0.30 51.89 * Supplies & Charges for Services 1,199,789 (7.91 52.83 * Intergovernmental 31,830 (420.69 193.06 * Contribution to Pencom 221,789 (5.84 50.00 * Contribution to County Jail 121,225 69.00 56.41 * Capital Outlay 54,055 (73.50 85.83 * Transfers to Other Funds 317,502 (91.34 90.86 Total Expenditures 6,356,609 54.54 Excess Revenue over Expenditures 303,718 Beginning Fund Balance Ending Fund Balance Table I General Fund Summary of Financial Activities For the Second Quarter Ended June 30, 2002, 11 Table II General Fund Summary of Rev,enues For the Second Quarter Ended Ended June 30, 2002 % of YTD %Of Revenue REVENUE SOURCE June Change to 2001 Collect TAXES Property Taxes 1,457,696 47.17 Sales Taxes 1,059,191 50.45 Utility Taxes - City Utilities 1,069,194 48.74 Utility Taxes - Non-City Utilities 810 (17.00 Leasehold Taxes 49,727 41.62 Gambling Taxes 63,583 42.71 Occupational Taxes 127,426 68.93 TOTAL TAXES 3,827,627 49.65 INTER GOVERNMENT AL Motor Vehicle/Mobile Home Excise Taxes N/ State Assistance 121,213 Liquor Excise Tax 32,518 46.43 Liquor Board Profits 53.104 52.79 Border Patrol Impact Fees 1,638 11.80 Criminal Justice Entitlement 10,267 71.27 Other Intergovernmental 63,624 55.31 TOTAL INTERGOVERNMENTAL 282,364 38.60 Licenses & Permits 71,308 64.04 Charges for Services 219,052 20.63 Medic-1 Revenues 208,401 45.59 Fines & Forfeitures 159,927 53.34 Interest on Investments 132,140 41.77 Interfund Charges 1,519,151 60.11 Return on Investments (ROI) 29,602 50.00 Transfers-in 104,992 50.00 Miscellaneous Revenues 105,763 51.90 TOTAL GENERAL FUND REVENUES 6,660,327 50.56 13 Schedule A CITY OF PORT ANGELES SALES TAX COLLECTION FOR"THE YEARS 1997 - 2002 %OF %OF Yo OF BUDGETE 1996 1997 1998 1999 2000 2001 CHANGE CUM. CHANGE AMOUNT 2002 TO 2001 2002 TO 2001 COLLECTED JANUARY 182,705 155,868 171,053 173,158 177,103 173,752 -7.18% (7.18 7.40% FEBRUARY 203,257 189,874 209,075 229,281 229,841 197,447 13.03% 3.57 10.24% MARCH 213,429 183,425 212,048 168,839 163,755 184,918 -11.60% (1.48 7.50% APRIL 158,872 133,492 170,548 146,266 168,512 140,727 9.79% 0.80 7.09% MAY 171,548 166,101 194,575 187,102 185,468 199,467 5.74% 1.90 9.67% JUNE 193,869 164,244 193,174 183,587 201,726 162,880 2.46% 1.98 7.66% JULY 175,785 177,591 157,255 182,078 177,198 181,113 0.82% 1.81 8.38% AUGUST 181,297 182,129 198,912 " 195,383 209,714 210,704 SEPTEMBER 212,314 214,701 204,416 212,895 184,286 212,750 OCTOBER 203,549 225,998 207,406 210,347 201,891 204,366 NOVEMBER 207,704 199,053 214,952 201,801 233,789 221,319 DECEMBER 179,551 194,605 200,161 191 ,383 175,439 188,913 TOTAL 2,283 881 2187081 2 333 575 2282120 2 308,722 -44.57% 44.57 57.93% BUDGET 2001 ~ ,1::0. Table III General Fund Summary of Expenditures For the Second Quarter Ended June 30, 2002 YTD June EXPENDITURE BY OBJECT: * Personnel Benefits * Supplies * Charges & SerVices * Intergovernmental * Contribution to Pencom * Contribution to County Jail * Capital Outlay * Transfers out TOTAL GENERAL FUND ~4,41 0,419 246,708 953,081 31,830 221,789 121,225 54,055 317,502 6,356 609 EXPENDITURE BY DEPARTMENT: * City Council * City Manager * City Attorney * Finance * Planning * Fire * Police * Parks & Recreation * Public Works * Facility Maintenance * Transfers to CIP Fund * Health & Community Services TOTAL GENERAL FUND 28,911 262,452 209,381 698,396 159,843 1,048,895 1,614.241 1,065,752 1,100,483 123,724 44,531 6,356,609 2001 %of Budget to Spend 51.89 50.87 53.25 193.06 50.00 56.41 85.83 90.86 54.54 51.26 52.35 55.84 55.64 53.17 51.80 54.25 51.29 55.57 61.13 100.00 48.17 54.54 15 Table IV General Fund Summary of Expenditures by Departments For the Seco'nd Quarter Ended June 30, 2002 YTD June 2001 %of Budget to Spend EXPENDITURES BY DEPARTMENT AND OBJECT City Council * Personnel Benefits * Supplies * Charges & Services Total City Council City Attorney * Personnel Benefits * Supplies * Charges & Services * Intergovernmental * Capital Outlay Total City Attorney 18,746 50.00 1,937 72.24 8,228 48.02 28,911 51.26 201,928 51.50 6,098 42.08 . 41,924 58.65 N/ 12,502 49.99 262,452 52.35 149,231 4,228 28,778 27,144 209,381 City Manager I Human Resources/City Clerk * Personnel Benefits * Supplies '\ * Charges & Services * Capital Outlay * Transfers out Total City Manager Community Development * Personnel.Benefits * Supplies * Charges & Services * Capital Outlay * Intergovernmental Total Planning 44,531 44,531 48.17 48.17 Finance * Personnel Benefits * Supplies * Charges & Services * Transfers out Total Finance Health & Community Services * Charges & Services Total Health & Community Services 16 %of YTO Budget June to 2001 Spend Fire * Personnel Benefits 881,735 51.16 * Supplies 32,734 60.27 * Charges & Services 96,705 56.27 * Capital Outlay Nt * Contribution to Pencom 37,721 50.00 Total Fire 1,048,895 51.80 Police * Personnel Benefits 1,155,638 48.82 * Supplies 26,641 43.18 * Charges & Services 121,983 49.36 * Intergovernmental 4,686 2,995.14 * Contribution to Pencom 184,068 50.00 * Contribution to County Jail 121,225 56.41 * Capital Outlay 100.00 Total Police 1,614,241 54.25 Parks & Recreation * Personnel Benefits 728,137 51.03 * Supplies 122,144 40.91 * Charges & Services 190,480 54.13 * Transfer to Fine Art Center & Recreational Activities 40.00 * Capital Outlay 24,991 95.25 Total Parks & Recreation 1 065,752 51.29 Public Works * Personnel Benefits 594,450 58.12 * Supplies 29,375 52.01 * Charges & Services 155,206 21.04 * Capital Outlay 16,452 62.56 * Transfers out 305,000 100.00 Total Public Works 1,100483 63.54 Facility Maintenance * Personnel Benefits 26,040 * Supplies 4,763 * Charges & Services 80,309 * Capital Outlay 12,612 Total Facility Maintenance 123,724 17 STREET FUND SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 YTD June 2001 REVENUES Taxes (Property) Intergovemmental (Gas Taxes) Charges for Services Interest on Investments Grants Other Transfer from REET #1 Transfer from General Fund Transfer from Solid Waste Transfer from Stormwater Utility TOTAL REVENUES 231,003 199,337 1,620 2,766 11,079 50,002 495,807 EXPENDITURES Personnel Supplies Charges & Services Capital Outlay & Projects Transfer to CIP Fund Transfer to Equipment Services TOTAL EXPENDITURES 255,168 59,527 113,82'1 428,516 NET INCREASE/DECREASE, IN FUND BALANCE 67,291 FUND BALANCE %OF Change % of Budget ) to Spend or Collect 100.00 64.11 53.62 64.00 62.62 N/ N/ 100.00 68.95 (8,038.30 100.00 18 Lodging Tax Fund SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 YTD June 2001 REVENUES Taxes - First 2% Taxes - Second 2% Interest on Investments TOTAL REVENUES 49,822 49,824 3,195 102,841 EXPENDITURES Charges for Services Marketing Program Allocation to Agencies City of Port Angeles - Recreation Program Debt Service Convention Center Designation 600 100,861 75,000 14,000 22,440 ) 100,000 TOTAL EXPENDITURES 312,901 NET INCREASE/DECREASE IN FUND BALANCE (210,06D FUND BALANCE %OF Change % of Budget to Spend or Collect 70.73 70.63 25.20 70.21 50.00 41.20 69.91 50.00 41.14 19 Schedule 8 CITY OF PORT ANGELES HOTEL/MOTEL TAX COLLECTION FOR THE YEARS 1"997 - 2002 Both Levies (40/0) % OF % OF Yo OF BUDGETE 1996 I 1997 I 1998* I 1999* I 20001 2001 It..il.1Il1 CHANGE CUM. CHANGE AMOUNT 2002 TO 2001 2002 TO 2001 COLLECTED JANUARY 6,936 5,992 6,237 13,633 13,328 15,438 .till~i.I!f1 -26.34% (26.34 2.95 FEBRUARY 5,813 4,909 5,481 11,434 14,506 15,864 ~il((~J:~il 46.27% 10.46 6.03 MARCH 5,297 7,090 6,507 12,717 9,882 11,658 i<}~tRI11 44.36% 19.66 4.37 APRIL 6,690 13,047 6,413 14,105 13,614 . 15,184 f.'1flt~~1 25.53% 21.19 4.95 MAY' 7,653 7,249 7,858 11,923 16,586 20,268.~_Il'lt1 7.77% 17.72 5.67 JUNE 7,353 8,909 18,654 18,372 23,136 21,236 .'I~;~~I<i -2.31% 13.45 5.39 JULY 12,090 15,096 27,167 27,116 29,455 ?R7?O Ii~t.lfim~ 10.98% 12.90 8.28 AUGUST 19,902 19,821 36,874 36,413 43,950 SEPTEMBER 32,021 30,050 60,278 54,899 60,994 OCTOBER 33,141 35,407 66,912 78,386 62,906 NOVEMBER 23,003 21,924 47,270 42,621 57,742 DECEMBER 12,708 9,945 30,865 40,770 24,420 TOTAL I 172.607 179.439 320.515 362.389 370.5201 ~RO RRf}IEl~lf1__1 -61.95%1 (61.95i 37.64 BUDGET 2001 N o Economic Development SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 YTD June 2001 . REVENUES Interest on Investments Transfer in 1,413 75,006 76,419 TOTAL REVENUES EXPENDITURES Personnel Supplies Charges & Services TOTAL EXPENDITURES 39,225 511 27,458 66,683 Revenue less Expenses 9736 %OF Change % of Budget to Spend or Collect 76.30 50.00 50.41 50.57 69.13 57.93 21 REAL ESTATE EXCISE TAX #1 SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 YTD June 2001 REVENUES Taxes I nterest on Investments TOTAL REVENUES 51,572 10,031 61,603 EXPENDITURES Transfer to Street Debt Service TOTAL EXPENDITURES 25,000 25,000 NET INCREASE/DECREASE IN FUND BALANCE 36,603 FUND BALANCE %OF Change % of Budget to Spend or Collect 55.33 51.46 54.93 100.00 100.00 100.00 22 REAL ESTATE EXCISE TAX #2 SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 YTD June 2001 REVENUES Taxes Interest on Investments TOTAL REVENUES 51,572 3,654 55,226 EXPENDITURES Debt Service TOTAL EXPENDITURES Revenue less Expenses 55,226 Fund Balance %OF Change % of Budget to Spend or Collect 55.33 15.30 53.66 100.00 100.00 23 PENCOM SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 YTD June 2001 REVENUES Intergovernmental: * Other Agencies * General Fund 911 Revenue Interest on Investments Miscellaneous Revenues TOTAL REVENUES 260,536 221,804 43,442 591 60 526,433 EXPENDITURES Personnel Supplies Charges & Services Capital Outlay TOTAL EXPENDITURES 446,441 4,584 72,443 16,340 539,808 NET INCREASE/DECREASE IN FUND BALANCE (13,375 FUND BALANCE % of Budget to Spend or Collect 50.01 50.00 51.53 100.00 (96.00 50.26 52.42 61.29 29.23 Nt 50.18 24 Electric Utility Fund SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 YTD June 2001 REVENUES Operating Revenues Interest on Investments Intergovernmental (SPA - Conservation) Construction Contribution Other Revenue TOTAL REVENUES 10,972,658 232,803 13,652 14,153 11,233,266 EXPENSES BY OBJECT Personnel Supplies Power Purchase Charges & Services Utility Taxes Return on Investment Capital Outlay TOTAL EXPENDITURES 500,807 133,990 7,386,234 1,461,670 657,038 29,602 4,513 10,173,854 NON-OPERATING EXPENSES Construction Projects Transfer to Economic Development Fund Transfer to Equipment Services Fund Transfer to Other Funds Debt Service TOTAL NON-OPERATING 357,324 37,500 209,294 604,118 Revenue less Expenses 455,294 Cash Designated for Rate Stabilization Cash Reserved for Debt Service Unreserved Cas Balance 1,700,000 %OF Change % of Budget to Spend or Collect 56.62 74.86 100.00 69.38 98.49 58.30 56.76 59.73 60.49 48.10 51.69 50.00 38.03 58.48 92.73 (50.00 100.00 50.00 67.29 25 % of Budget YTD %OF to Spend June Change or 2001 Collect REVENUES Operating Revenues - Water 1,190,558 53.59 Operating Revenues: Wastewater 1,821,969 49.27 Interest on Investment 119,362 56.68 Other Revenues 30,687 59.65 TOTAL REVENUES 3,162,576 51.39 EXPENSES BY OBJECT Personnel 562,597 1.97 52.21 Supplies 128,688 21.84 47.30 Charges & Services 1,010,128 13.40 54.55 Utility Taxes 218,505 (15.24 61.33 Capital Outlay 16,297 5.74 87.04 TOTAL EXPENDITURES 1,936,215 7.34 55.11 NON.OPERA TING EXPENSES Construction Projects 782,326 76.17 Debt Service 772,604 40.55 Transfer to Economic Development 25,004 49.99 Transfer to Equipment Services Fund 100.00 Transfer to Other Funds TOTAL NON-OPERATING 1,579,934 65.81 Revenue less Expenses (353,573 (79.30 PWTF Loan/Grants 1,030,000 Net Increase (Decrease) in Cash 676,427 WATERIWASTEWATER SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 Cash Designated for Rate Stabilization Unreserved Cash Balance 2,000,000 2,844 911 220.13 26 % of Budget YTD %OF to Spend June Change or 2001 Collect REVENUES I Operating ..Revenues 2.437,913 48.58 I nterest on Investments 157,541 52.27 Grants 13,299 Nt Other Revenues 212 48.00 TOTAL REVENUES I 2,608,965 48.74 EXPENDITURES Personnel 382,621 48.61 Supplies 23,251 76.77 Charges & Services 1,125,493 60.04 Utility Taxes 193,651 51.32 Capital Outlay Nt TOTAL EXPENDITURES 1,725,016 57.05 NON-OPERATING REV. (EXP) Construction Projects 175,275 (108.88 Transfer to Street Fund 50,002 (50.00 Transfer to Other Funds Transfer to Equipment Services Fund 100.00 TOTAL NON-OPERATING 225,277 39.56 Transfer to Landfill Closure and Post Closure (240,696 Revenue less Expenses 417,976 SOLID WASTE SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 Cash Reserved for Landfill Closure & Post Closure Unreserved Cash Balance 3,530,934 3,677,871 34.26 27 % of Budget YTD to Spend June or 2001 Collect REVENUES Charges for Services 4,375 (9.60 I nterest on Investment 101,779 59.47 Interfund Charges 597,393 30.64 Miscellaneous Revenues 738 100.00 Transfer from Other Funds 100.00 TOTAL REVENUES 704,285 49.29 EQUIPMENT SERVICES SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 EXPENDITURES Personnel Supplies Charges & Services Capital Outlay Transfer to 1992 G.O. Bond Debt Payment (Fire engine) TOTAL EXPENDITURES 147,410 161,723 88,091 520,371 11,263 14,289 943,147 Revenue less Expenses (238,862 Cash Reserved for Equipment Replacement 3,919,204 50.35 54.76 57.03 66.11 50.01 50.00 57.64 1.33 28 ,---- I INFORMATION TECHNOLOGY SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30,2002 YTD Juneo 2001 REVENUES Interfund Charges Interest on Investment TOTAL REVENUES 167,244 2,829 170,073 EXPENDITURES Personnel Supplies Charges & Services Transfer to Financial System Capital Outlay TOTAL EXPENDITURES 103,599 9,752 24,858 138,209 Revenue less Expenses 31,864 Cash Balance 171 235 %OF Change % of Budget to Spend or Collect 50.00 51.18 50.01 50.76 51.09 34.33 75.29 42.57 142.88 29 % of Budget YTD %OF to Spend June Change or 2001 Collect REVENUES Interest on Investment 10,974 78.93 Interfund Charges * Dental benefits 76,978 (2.60 50.02 * Workers Compens,ation 120,643 (20.88 60.71 * Liability insurance 200,030 17.44 50.00 * Medical & Vision 657,835 20.16 48.58 * Other 21,802 6.49 49.98 TOTAL REVENUES 1,088,262 12.41 50.40 SELF INSURANCE SUMMARY OF REVENUES & EXPENDITURES For the Second Quarter Ended June 30, 2002 EXPENSES BY PROGRAM Dental benefits Workers Compensation Time Loss (due to Workers Comp.) Liability insurance Medical & Vision Other TOTAL EXPENDITURES 67,430 119,911 45,151 219,314 695,596 21,342 1,168,744 Revenue less Expenses (80,482 Cash Reserved for Claims 703 806 22.16 26.53 (35.68 73.14 17.45 47.26 27.60 45.09 22.19 69.43 19.18 45.90 36.40 39.61 30 I DATE: To: FROM: SUBJECT: FORTAN ELES WAS H I N G TON, U. S. A. , CITY COUNCIL MEMO July 30, 2002 MAYOR WIGGINS AND CITY COUNCIL Glenn A. Cutler, Director of Public Works and Utilities Yvonne Ziomkowski, Finance Director Capital Improvement Projects Summary: As a follow up to the City Council meetings of July 2 and July 16,2002, attached is a prioritized list of governmental improvement projects. Recommendation: Staff recommends the City Council approve the list of projects and the available funding allocations. The list includes 20 projects totaling $1,975,000. Attached is the revised allocation plan for governmental funds. There have been a number of issues surrounding the allocation of funds. This memo is to provide some background and thoughts for your consideration prior to your making a decision. The current City policy, as outlined in the Financial Management Policy, is to allocate surplus funds from prior years to Capital Facilities Projects. 'This is one way for the citizens to see physical improvements to the City's infrastructure that directly benefit a large portion of the population. The City Manager feels that this is the correct approach for surplus funds. Day-to- day operations should be addressed in the preparation and execution of the annual operating budget and not dependent upon surplus from prior years. Taking into account the current fiscal situation, as well as the future fiscal challenges the City faces, it is still the position of staff to utilize surpluses for capital projects. Staff has worked closely with the Finance Committee on the allocation of funds. It has been a challenge to meet current commitments and attempt to move forward with projects that are vital to the City's future. The attached list includes several projects which are already under construction or have been 31 authorized by the Council and therefore have committed funding. The total amount for these projects is $1,233,000. The Fire Hall roof repairs have presented the largest funding challenge. Unfortunately, it appears that the claim for the roof repairs will be denied by the property insurance carrier for Washington Cities Insurance Authority (WCIA). However, WCIA has assured the City that WCIA will aggressively pursue recovering the funds, even including litigation if necessary. So although the City will have to pay for the roof repairs up front, the likelihood is that we will be reimbursed eventually. Staff is recommending moving forward with the Carnegie Library Revitalization. Greater details are provided in the staff memo on this subject. It is proposed that the $260,000 funding shortfall for the Carnegie'Library be funded as follows: Funding Source Funding Street Lighting, Street Division J $80,000, Governmental Fund Allocation2 $110,000 Walkling Trust $50,000 2002 Projected Increase of $20,000 Revenue Receipts 3 . . Total $260,000 I - These funds were not diverted from paving or sidewalk projects. 2 - $60,000 previously proposed and $50,000 from TR40-99, Airport Road. Additional State funds have been made available. 3 - Sales tax revenue receipts. Other projects, totaling $632,000, include pool renovation, sidewalk program, ADA curb ramps/chirpers, design for 81h Street bridge replacement, Laurel Street pavers (Railroad to 151 Street), City pier dredging and piling replacement, and phase two of improvements to the City's east entrance. Knowing that budgeting for the year 2003 will be very challenging, the Council may designate part of reserves toward the operating budget. If the Council decides that all or a portion of budget surpluses should be placed in reserves for use in 2003, then the Financial Management Policy ne~ds to be amended. This is a policy decision process that could be quickly addressed at the next Council meeting. Another option would be to allocate a portion of our current fund balance to be used for capital 32 outlay or capital projects in 2003. This would free other money for funding day-to-day operations. Assuming that the City needs to maintain a minimum of 10% of fund balance in reserves, we could designate $400,000 for use in 2003. Although the City's financial policy calls for a minimum reserve of 10%, I actually prefer to maintain closer to a 15% fund balance. This option can be further explored during the budget process. 33 GOVERNMENTAL FUND PROJECTS (GROUP-ACCT -CIP-GF Allocation) TOTAL PROPOSED CITY FUNDS CITY CFP PROJECT PROJECT REVISED REQUESTED REQUIRED PRIORITY # COST 2002 BUDGET 2003 2002-2003 1 PK11-02 Waterfront Trail- Ravonier Mill Site 80,000 80,000 , 80,000 2 PK02-02 William Shore Memorial Pool Renovation 3,500,000 25,000 182,000 207,000 3 PK03-02 Olympic Discoverv Trall-Ravonier to Morse Cree 290,000 36,000 114,000 150,000 4 FR02-02 Fire Station Roof Repairs 568,000 568,000 - 568,000 5 PK01-00 Francis Street Improvements 450,000 10,000 - 10,000 6 TR40-99 Lauridsen Blv.lAlrport Road Realignment 2,139,350 50,000 50,000 7 GG12-99 Laurel Street Slide Repair 225,000 185,000 - 185,000 8 PK16-99 City East Entrance - Street Trees/Improvements 75,000 25,000 25,000 50,000 9 TR61-99 8th Street Restoration 2,000,000 90,000 90,000 10 TR74-99 Sidewalk Program 435,000 25,000 25,000 50,000 , 11 GG01-02 Edlz Hook Rip Rap Repair 50,000 50,000 - 50,000 12 GG02-99 Renovate Carnegie Librarv 1,300,000 110,000 - 110,000 13 TR01-01 8th Street Bridge Replacement Design 1,400,000 - 280,000 280,000 14 TR26-99 ADA Curb, Ramps/Chirpers 100,000 20,000 - 20,000 15 PK09-02 City Pier Dredging and Piling Replacement 140,000 - 25,000 25,000 16 GG02-01 laurel Street Pavers (Railroad to 1 st Street) 350,000 - 50,000 50,000 17 TR01-02 8th Street Bridge Construction 15,000,000 - - - 18 PK12-02 Francis Street Park Landscaping 80,000 - - - 19 GG03-00 Gateway Parking 4,500,000 - - - 20 Matching Funds for Community Projects 100,000 - - - TR02-01 Ennis Street Slide 60,000 - - - TR18-99 LincolnlLauridsen Rechannel & Signal 453,000 - - - TR20-99 Street Bicycle Facilities/Racks/Striping 120,000 . - - - GG01-01 Laurel Street Stair Repair 225,000 - - - GG13-99 Downtown Convention Center 2,000,000 - - - TR42-99 Lauridsen Blvd. Bridge Widening 2,820,000 - - - GG06-00 Gatewav Sign 60,000 - - - PK05-02 Art Education Center at PAFAC 250,000 - - - PK10-02 Marine Lab Expansion 5,050,000 - - - GG02-02 Purchase-School District Office Property 1,000,000 - - - GG05-00 Ennis Creek Estates 250,000 - - - 44,820,350 1,274,000 701,000 1,975,000 Projects Available for Reinstatement If Insurance proceeds are received on Flrehall Roof Repairs: Priority # 2 18,000 18,000 Priority # 17 - 400,000 400,000 Priority #18 20,000 20,000 40,000 Priority #19 - 65,000 65,000 Priority #20 - 40,000 40,000 20,000 543,000 563,000 1,294,000 1,244,000 2,538,000 Italic font indicates $1,233,000 of funds committed for projects already authorized Prior Funds Available Funds Available from 2001 Surplus TOTAL 1,475,000 500,000 1,975,000 34 DATE: To: FROM: SUBJECT: ~ORTANGELES WAS H I N G TON U. S. A. CITY COUNCIL MEMO July 30, 2002 MAYOR WIGGINS AND CITY COUNCIL Glenn A. Cutler, Director of Public Works and Utilities Award of Contract for Port Angeles Carnegie Library Revitalization, Project 97-08 Summary: Council directed that the Carnegie be renovated/restored based upon available funds. Bid proposals for the Carnegie Library Revitalization, Project 97-08, were opened July 2, and Hoch Construction, Inc., Port Angeles, W A was the lowest, responsible bidder. Recommendation: Award and authorize the Mayor to sign the contract for the Carnegie Library Revitalization, Project 97-08, with Hoch Construction, Inc. in the amount of $1,105,953.32 for the base bid and all additive bid items. Also, direct the Public Works and Utilities Director to issue a notice to proceed only for the base bid. Upon receipt of additional funds the Director shall issue additional notices to proceed for the additive bid items. Background / Analysis: This issue was presented to Council on July 16, 2002 and deferred to permit a review of the 2002 fiscal budget execution and the allocation of general governmental funds. Attached is the Council memo addressing the award of the contract to revitalize the Carnegie Library dated July 16, 2002. The financing plan has changed since the attached memo has been drafted. This may influence Council's decision on how to proceed with the Carnegie Library Revitalization. First, the Walkling Trust indicated that $200,000 would be made available but, due to the significant down turn in investments, the original funding is not available immediately. The Walkling Trust has been requested to commit $50,000 to the project by September 1, 2002 and another $50,000 by September 1,2003. They have indicated that $50,000 would be available on or about September 1, 2002, but they are not able to make firm commitment on the second $50,000. It is their desire to make all of the funds available eventually. Secondly, Washington Cities Insurance Authority (WCIA) has informed the City that our property insurance claim will likely be denied by WCIA's property insurance carrier for the repairs on the fire hall roof. The issue in dispute is whether design flaws are an exclusion within the coverage. WCIA has indicated that upon receipt of the formal denial they will initiate legal action to force payment. They have also indicted that resolution of this issue may take one or more years. 35 August 6, 2002 City Council RE: Carnegie Library Revitalization, Project 97-08 Page 2 The Council is faced with a decision on how to proceed with the revitalization project. Bids by the contractors are good until August 30,2002 at which time they will expire. If the project is not awarded in the very near future, the current construction season may be lost. No detailed discussions with the low bidder have taken place. The following options are available for Council to consider: I - Award the project for the base bid only. The shortfall of $260,000 would be funded as follows: Funding Source Street Lighting, Street Division I Governmental Fund Allocation2 Funding Walkling Trust 2002 Projected Increase of Revenue Receipts 3 $80,000 $110,000 $50,000 $20,000 Total $260,000 I - These funds were not diverted from paving or sidewalk projects. 2 - $60,000 previously proposed and $50,000 from TR40-99, Airport Road. Additional State funds have been made available. 3 - Sales tax revenue receipts. 2 - Reject bids. Do not perform the project until funds are available. 3 - Reject bids. Modify contract documents to reduce the amount of restoration in the project and perform a large amount of renovation. This will delay the project 9 months and increase design services. Potential exists that the State grant will be authorized and funds may be used to assist in funding the base bid. If the Walkling Trust does not contribute, the grant may be in jeopardy since the application indicated their participation. 4 - Reject bids. Consider a publically supported bond either as a stand alone or with another City project. Potential exists to delay project for one or more years; The highly visible building will continue to be a detractor to the downtown area. It is recommended that the Council consider allocating funds as recommended to move forward with the Carnegie Library Revitalization. This facility is a major landmark in the City. It will be 36 August 6, 2002 City Council RE: Carnegie Library Revitalization, Project 97-08 Page 3 utilized by the ClallamCounty Historical Society as an interactive museum attracting tourists and by the students of Clallam County. The following table reflects a revised funding the project. Funding for Construction (Revised July 30, 2002) Source Status Amount Planning Bud2et City - 2001& Prior Available $800,000 $800,000 City - 2002 Pending $60,000 $210,000 Walkling Trust Requested $200,000 $50,000 Sub Total $1,060,000 $1,060,000 State Grane Requested $205,000 $100,000 Federal Grane Requested $252,000 $0 Potential Total $1,457,000 $1,106,000 Notes: 1 - Washington State Heritage Grant $340,000 ($205,000 for construction and $135,000 for furnishings, etc). Committee decision to be made late August/early September with funds available July 1,2003. Anticipate a 50% award. Therefore, $100,000 for construction. Work may not start on grant funded items until afterJuly 1,2003. 2 - Federal Save America's Treasures Grant $252,000. Structure must be on the National Historic Register and have national historic significance. The Carnegie Library does not meet the minimum criteria. Therefore, it is not anticipated any funds will be made available. N:\CCOUNCIL\CCAward_B_Camegie Library.wpd 37 ~r 'OR.r.'P;.. N. ELES ' " ,_, 1 ~ . < ! . '.' '.! ,I , :' WAS H I N G TON, U. S. A. CITY COUNCIL MEMO DATE: July 16, 2002 To: MAYOR WIGGINS AND CITY COUNCIL FROM: Glenn A. Cutler, Director of Public Works and Utilities SUBJECT: Award of Contract for Port Angeles Carnegie Library Revitalization, Project 97-08 Summary: Council directed that the Carnegie be renovated/restored based upon available funds. Bid proposals for the Carnegie Library Revitalization, Project 97-08 were opened July 2, and Hoch Construction, Inc., Port Angeles, W A was the lowest, responsible, and responsive bidder. Recommendation: Award and authorize the Mayor to sign the contract for the Carnegie Library Revitalization, Project 97-08, with Hoch Construction, Inc. in the amount of $1,105,953.32 for the base bid and all additive bid items. Also direct the Public Works and Utilities Director to issue a notice to proceed only for the base bid. Upon receipt of additional funds the Director shall issue additional notices to proceed for the additive bid items. Backa:round I Analysis: Bids were opened on July 2, 2002 for the subject project. The contract documents required a base bid, and seven additive bid items, to ensure that the project could be awarded within available funds and that restoration work was prioritized by order of significance. Five bidders responded and the results are as noted on the attached sheet. Four of the five bidders are local. Hoch Construction, Port Angeles, is the lowest, responsible, and responsive bidder with a base bid of $957,346.03. Hoch Construction remains the low bidder for all additive bid items with a total price of$I,105,953.32. Attached is the bid results. The project consists of a complete revitalization of the Carnegie Library. The revitalization will include a structural retrofit, handicap access, installation of heating and ventilation, as well as significant historical restoration. Prioritization of work for the additive bid items (see attached) was developed with input from the Clallam County Historical Society and the Clallam County Heritage Advisory Committee. Representing these groups was Frank Ducceschi, Vice President Historical Society and June Robinson, President Historical Society and Chairperson Heritage Advisory Committee. 38 July 16, 2002 City Council RE: Port Angeles Carnegie Library Revitalization, Project 97-08 Page 2 Funding for this project comes from several sources as identified below in Table I. Table I: Funding for Construction City - 2001& Prior Available $800,000 $800,000 City - 2002 Pending $60,000 $60,000 Walkling Trust Requested $200,000 $200,000 Sub Total' $1,060,000 $1,060,000 State Grant1 Requested $205,000 $100,000 Federal Granf Requested $252,000 $0 Potential Total $1,457,000 $1,106,000 Notes: 1 - Washington State Heritage Grant $340,000 ($205,000 for construction and $135,000 for furnishings, etc). Committee decision to be made late August/early September with funds available July 1,2003. Anticipate a 50% award. Therefore, $100,000 for construction. Work may not start on grant funded items until after July 1,2003. 2 - Federal Save" America's Treasures Grant $252,000. Structure must be on the National Historic Register and have national historic significance. The Carnegie Library does not meet the minimum criteria. Therefore, it is not anticipated any funds will be made available. Please note that this project was developed with resources including $200,000 from the Walkling Trust, from which we have previously received their promise to designate funds. However, their commitment has been impacted by the overall economy in terms of reinvestment and by the condition that their money be "last in" and part of other leveraged funds. It is felt that this commitment can be firmed during the project and that there is room for future CFP resources as experienced in past years. The major point here is that we are proceeding with a somewhat soft commitment to award the project now, knowing that it is necessary to have control to acquire these resources later. 39 July 16, 2002 City Council RE: Port Angeles Carnegie Library Revitalization, Project 97-08 Page 3 The cost estimate for the base bid and additive bid items is summarized below in Table II. Table II: Low Bid Construction Funding Required Item Cost w/Sales Tax Cumulative Cost Grant Funding Potential Base Bid $957,346.03 $957,346.03 Not Eligible Additive Bid #1 $7,403.04 $964,749.07 $7,403.04 Additive Bid #2 $6,723.55 $971,472.62 $14,126.59 Additive Bid #3 $24,886.00 $996,358.62 $39,012.59 Additive Bid #4 $59,937.39 $1,056,296.01 $98,949.98 Additive Bid #5 $37,745.57 $1,094,041.58 $136,695.55 Additive Bid #6 $6,190.12 $1,100,231.70 $142,885.67 Additive Bid #7 $5,721.62 $1,105,953.32 $148,607.29 Contingency $100,000 The base bid plus the contingency totals $1,060,000. Because of the nature of the work involved with major renovation/restoration of older structures, a $100,000 contingency is considered essential to the success of the project. As the project approaches its final stages, the contingency can be released for additional additive work as appropriate. It is recommended that the base bid and all additive bid items be awarded but a notice to proceed be issued only for the base bid work. A warding all items at this time will preserve the additive bid prices until July 1,2003. If the additive bid items are not awarded a potential exists for the prices to be increased. The notice to proceed for the seven added items does not have to be issued until July 1, 2003. If funds do not become available from the grant then those additive bid items would be deleted from the contract by a change order. Attachments: Bid Tabulation Additive Bid Item Descriptions N:\CCOUNCIL\CC2002\CC07I 6\CCA ward _ A_Carnegie Library.wpd 40 Bid Alternate 1: Bid Alternate 2: Bid Alternate 3: Bid Alternate 4: Bid Alternate 5: Bid Alternate 6: Bid Alternate 7: BID ALTERNATES Wood Flooring Finished - Repair and Refinish Upper Floor Wood Flooring Brick Masonary Veneer - Furnish Masonry-veneer Chimneys above roof Castings - Cast Iron Front Porch Candelabrum Ornamental Sheet Metal - Furnish Pediment and Pilaster Scrolled-caps with Cresting Leaves Ornamental Metal Castings - Furnish Bronze Marquee Cresting and Ornamental Sheet Metal - Furnish Copper Marquee Cladding Ornamental Sheet Metal - Replicate Conductor Heads, Caps and Downspout Brackets Finish Carpentry and Wood Flooring - Install salvaged wood flooring in downstairs Meeting Room /.; 41-A n:\projecls\9708\restorationlbidtab.xls BID TABULATION FOR CARNEGIE LIBRARY REVITALIZATION PROJECT NAME Revitalization of The Port Angeles Carnegie Library PROJECT NO: 97-08 DATE: 07/02/02 "The basis for determining the lowest responsible bid shall be the base bid plus the sum of those alternates which, in numerical order, are within the City's available funds." Total available funds are $1,000,000. Architect's Hoch Construction Aldergrove Const. Vision Builders Inc. Primo Construction Steele-Corp. Estimate Inc. (Port Angeles) Inc. (Port Angeles) (Port Angeles) Inc. (Carlsborg) Electric (Edmonds) DESCRIPTION AMOUNT (inc. tax) AMOUNT (inc. tax) AMOUNT (inc. tax) AMOUNT (inc. tax) AMOUNT (inc. tax) AMOUNT (inc. tax) Base Bid $852,940.60 $957,346.03 $1,144,644.55 $983,538.00 $981,885.79 $1,233,480.00 Alternate 1 $20,017.00 $7,403.04 $11,051.55 $13,508.77 $22,228.61 $23,419.89 Subtotal $872,957.60 $964,749.07 $1,155,696.10 $997,046.77 $1,004,114.39 $1,256,899.89 Alternate 2 $14,390.60 $6,723.55 $11,196.54 $10,390.45 $6,608.86 $15,571.06 Subtotal $887,348.20 $971,472.62 $1,166,892.64 $1,007,437.22 $1,010,723.25 $1,272,470.95 Alternate 3 $12,118.40 $24,886.00 $14,542.08 $15,236.72 $18,022.87 $14,747.66 Subtotal $899,466.60 $996,358.62 $1,181,434.72 $1,022,673.94 $1,028,746.12 $1,287,218.61 Alternate 4 $53,126.20 $59,937.39 $59,113.99 $56,664.34 $59,451.57 $62,245.30 Subtotal $952,592.80 $1,056,296.01 $1,240,548.71 $1,079,338.28 $1,088,197.70 $1,349,463.91 Alternate 5 $39,925.80 $37,745.57 $42,153.64 $19,523.61 $36,448.25 $53,245.22 Subtotal $992,518.60 $1,094,041.58 $1,282,702.34 $1,098,861.89 $1,124,645.95 $1,402,709.13 Alternate 6 $4,652.60 $6,190.12 $6, I 07.89 $6,126.28 $6,223.66 $6,086.25 Subtotal $997,171.20 $1,100,231.70 $1,288,810.23 $1,104,988.17 $1,130,869.61 $1,408,795.38 Alternate 7 $7,033.00 $5,721.62 $15,341.68 $7,748.20 $7,809.88 $10,760.49 TOTAL $1,004,204.20 $1,105,953.32 $1,304,151.91 $1,112,736.37 $1,138,679.49 $1,419,555.87 1 I I I I I Page 1 ,..-i ~ CLALLAM COUNTY HERITAGE ADVISORY BOARD 21 July 2002 To Members: Port Angeles City Council F or the past few years the Heritage Advisory Board has written to you: First - urging you to take steps to preserve the Carnegie Library Building Second - to congratulate you on your plans to preserve the Carnegie Library Building Now - to urge you to vote yes to take the steps that will actually preserve/ restore the Carnegie Library Building The Carnegie Library building is one of the "gems" of downtown Port Angeles. There is an unofficial, but very large group of people in the United States who "collect" Carnegie buildings. That is, they travel around the country looking for the buildings, visiting and enjoying them. Port Angeles has an opportunity to become part of that heritage tourism program. If, as suggested, steps are taken to provide a place for information about the history of Clallam County and Port Angeles in the building for enjoyment of tourists and edification of residents and students, the Carnegie Library building will again become a premier source of information. We urge you to vote now to take the steps to restore the Carnegie Library Building. Award the contract which will take advantage of the good weather to replace the room and initiate the other restoration/repair projects. This step will return the building to its former glory as the intellectual center of Port Angeles and fulfill the desires of many residents of the community. June Robinson Chairman 941 East Alder Street Sequim, Washington 98382 42 The CLALLAM COUNTY HISTORICAL SOCIETY PO Box 1327 Port Angeles, Washington 98362-0224- Telephone: 360-4-52-2662 July 21, 2002 Museum: First and Oak Street Downtown Port Angeles Lincoln School Complex 9th at C Street Administration Office Archives Library Artifact Storage Facility Genealogy Library To Members: Port Angeles City Council I urge you to take the necessary steps now to restore one of the architectural gems of Port Angeles -- the Carnegie Library Building at Second and Lincoln -- by awarding the contract that will do exactly that. The Carnegie Library was built with funds from the Carnegie Foundation at the request of the Port Angeles City Council in 1918. It was dedicated in January 1919. Earlier, the City Council had to lobby the US Congress for permission to build the library at that place. It played an important part in the intellectual life of generations of Port Angeles citizens for years. By awarding the contract at this time, you can still take advantage of the "weather window" and have a few good weeks of summer to re-roof the structure. Restoration of various features~ including windows, entrance details, etc. have been prioritized. By doing the most important work first, you will be honored among citizens for taking the first steps toward restoring this gem of a building for generations to come. The building may play an important role in planning for heritage tourism for Port Angeles. Heritage tourism is one of the biggest draws for many people in considering vacation plans. We have here a building with a future rooted in the past which can play an important role in developing such activities. Thank you for your consideration -<J~ ~~~ June Robinson President IIIII Lincoln School- the Future Home of the Museum 43 I '1!i- , .' ),,' '. I . . I .'earfinaneiIIRe ' '.1 I '.'''' Mid-Year Review .~) Evaluate goals and objectives ~) What is the status of our projects? , Ct Evaluate revenue trends Ct Review expensesincompa'rison with the budget , Ct Review reserves level . . . . .. . . . , c.) Do we need' budget amendments? . . . . ~) Any possibility of budgetary savings?, . 1 ;, ./ ( e~ , , Mid-Year Revie,w Cont. , ' c~ ~ny' pp~Sibility of m~re revef1ue? e Evaluate level of our services . , ~) ~eview pr9gress on capital projects, , .' . '~) Revise 'CIP list " , , ~) Ani' new ,ri'eeds or emergencies? , . - . - . c.) Prepare for the new budget cycle " , " , e... , ~\. City Wide Overview , ' f) Overall - 560/0 of City Budget left to spend' ' , C~ Personnel - 51.60/0 unexpended ~) Supplies - 600/0' unexpended , ~) Charg'es for services - 46.40/0 ynexpe,nded ," ~) Capital outlay and projects - 84.50/0 left to complete" .",' , ' 2 ~.. I ... . (";.;' r--------. ---~~-n----.l I. b ~ ~jJill:GJillJ@ ..~ General Governmental Fund Types . Proprietary .-J Self Insurance . 3 01 I. . I. . I '.' -..........'................ ','It ':,'l '+ -........................ '.~' Genercil.Fuiid Revenue's . . C~ Total revenue collected $6,368,944 or ~9Ao/0' c')This is 4..40/0J)r $291,383 less than last year" f)Taxes, repre~enting Go%of GFrevenue" are at SOA%:coUected ($3,977,133)" this is '. .'al.mostA% f1l9re than"last y~ar .' c')'Intergovernmental -$271,161 or'61 % ' ,collecte,d : .' " f) Licenses & Permits are 290/0 morethan at the same time 'last year and~re' 360/0' collected .' 4 r- " .' I . General. Fund Revenues.... YTD YTD %of June June Variances 2002 2001 , , , Taxes 3,977,133 3,827,627 3.91 . , Licenses & Permits 92,255 71,308 29.38 Intergo\Smmental 271,161 2~2,364 ~(3.97) Charges for SeMces 1,642,863 1,946,604 ' (15.60), Fines & Forfeitures 113,374 159,927 (29.11 ) Miscellaneous 145,056 237,903 (39.03) Transfers - in 127,102 134,594 .(5.57) Total 6,368,944 6,660,327 (4.37) General Fund Revenues... 4,0.0.0.,0.0.0. 3,50.0.,0.0.0. 3,0.0.0.,0.0.0. 2,50.0.,0.0.0. 2,0.0.0.,0.0.0. 1,50.0.,0.0.0. 1,aOp,aaa 50.0.,0.0.0. a -< 'l>l-e~ ;"~S e~~ Ai,Ces, . ~'(rtO eP'V-s , \~ " ~e .~~ Se'" ~e~ '&'().~ ~e'(S , , r#> 'b- o~e '\0'( 'b- ~o \Sce -(.(3-~s e~r:> ':\.e'(($ "es rtO" ~ , \).0 \~ v~'().'('o ~,~ ' 5 e! General Fund Revenues Cont. " . , .. . , f) MedicOf1e'is 100/0 more than last ye'ar and 540/0 collected' , , C~ FiDeS and Forfeitures are 290/0 less than last 'year 'a'nd 47010 collected' ~" . f) Interest is '520/0 collected but 290/0 below Jast year levels' e'j Stiles"Tax , Co) Accounts for 170/0 of total GF revenues (used to 'represent 220/0 ofGF) C~ Decreasing tax base f) 2002 .receipts,are,?O/omore than last . year-at thi~ time", but 40/0 less than iQ 2000,~nd 60/~ less t~an in ,1998 c.~ Increase in construction activities I' " 6 " e e o ..\ ~\ ~. ~ ~\. 0 ~\ , ~ ~ ~ ~ ~... ~., ~~" _,,'1>-""\ . ~~ )~..... :;:,C:i ~0 ~0 ~0 ~0 ~.;s ~.;s ~'ljl ~ ~. 'S ...~<:$ 0<$' if \0<$' ./If 'S /,(lj . . , ~ 0 0'" V'" . , . 00'<, .~ ()0 Cdmponentsof Sales Tax .7 T ,I I: '. . " . . ,. ",' ", ,?-. Utility Taxes' .. . ~) Se~6nd I~rgest source. of revenue . . . ~) 51 % collected . . . . + . . . .' ~) 8.7,0/0 more tha~'last year . '". - . . . ~) Increases in.water,wasteWater, ~nd electric utility rates .' l, ___ 8 I " " .' I . Intergovernmental Revenues' Ct State local assistance program $124,595 (eliminated hi 2003) ,8 Liquor Excise Tax 53.50/0 collected, 1.40/0 higher than last ye~r ., ,f) Liqqor Board Profits 47.20/0 cO,lIected, 30/0 more than last year c. Criminal Justice collection only 290/0 ':collected . (. : YieldCurv~ 9 8 7 6 5 4 3 2 1 . o ,I , , ' 3 month 6 month 2 year 5 year 10 year 30 year .9 ) .- .-....'.....'...; '.'2" . ..' ,," rnterl!;st~~yenut: Cont'd US TRfllSlll1V ~{B T Z '.. 01101 IIlIH+ 110CH .. Gwt GY ~ _ ,'M i d L 1 n e fD~ 1lI_.... . ( 2.19/19). BGN.@13:00' -~lIlg ..... ' Chart f.' pe' II d II . ". ". . '.;J , . . . A~ ~""lng Avl'l'l!.lles " r!.. .j ......I........+.......t..... ~ . ...~...- L..._. 1........;........i ': 1 Teu~ \' : , ,...._1!J1 : . .... ...........-... r'/ ~:. ,i ":..L:..:::t:~::t:....~!. ~T' ~ f....~-i ...-+.:..+......!.......:{-- .:'~. . . '1'1' ---...-......... " . fl ." I ..).....\.1........1.......l. !~: "j" .~~h..~...T::.....;---..~.;....7 r'T/ . /.. .!. ......; . ...1.......1 T":-r :' ..:~.:-(...; '''.. ;....... ~. .....[. .' '. -----.-... .......... . .I.' :' , I [....:1'\0 ....L..'-Lr-;:~b. --... j......L"/ "b:i _1-... i --i" -1...L..! r- r i-j" "l/!?J_onl'l .. .....: . j i j j i, i ......T.....'!"'.. .Ton...t....... 'l"r' " f=Z---r-.ur......+ ......~........l...., . i. . ! :::1J' I " I I ..............-...... .......:.. '. : . _... . no, I _ .- I ~lIL l~ r;:::b. ......,..... '-...... ~ .....:::~.~=_.J t::,: .............. .::.,:-~.. ! -. I ~"" ~~ I'~ : ~~su.,.......ai:~"Ou.s. tll3i.~ [.ryl~~~~..: ",";ill)~[8' . ... 0'...._ ZiIr.JuI-ll/: 1:jJ'h'.. e,.. ..X .. I ( General Fund ExpenditZ{r~s: . ~ 53.50/0 of budget left to spend f) Seasonal expenses . :'3 Parks'maintenance . ~3 Capital purchases ~3 Transfers for street projects . , C-) Personnel expenses on target with almost 520/0.unexpended . . , C-) Supplies and charg~s for s~rvices i;3re belqw last year and almost 530/0 unexpended 10 L :,. , , . ~ -. !.. .:f.J~ , l' . ~ , , , - ~ ~ . ""' .' < " \ (Jeneral,Fl1nd Exp~n4itu:res. .~. ~ener~1 Fund '~pend'itures. YTO June' ',2002 :YTD June'- 2001', %of ' Variances , Personnel cost 4,397;246,: 4,410,419 ' (0.30) , .. Suppli,es 204,397' 246; 798 (17.15) Charges fo'r' SenAces': 900;'464 953,081 (5.52) : Intergqverrimental ,452,342 . 374844 . 20.67 .. .. '.'~ Capi,taIOutlay. 14,324 54,055 , (73.50) Transfers - out . , 27,502 317;502 (91.34) : Total " 5,996;275 6,356,609 (5.67) . . 1998' 1999 2000 2001 ,2902 budget. 2002 est. 11 , ,: :: -'.~...,....,............"'"'' ",,> .- <"'-" - - fo~sibl~,BJ4,dget Changes f) Jail co?ts--rl1ay need an additional inrfunding $20,000-$30,000 - - Co) Airport ~etLirfty~ YTD e~penses $26,-500 Co) Sprinkler system -(City Pier) $25,000' C~ Vacation pay- QLJtfor Information Technology Manager _ -' " - . ."...-..,.,.': ,<,,-, :: Ennis: Creek Estates - - c.) $9.?~,190 ~alloqri' payment -_Sept.~, 2003 ~n'd $6.3~ 190 interestpC3ym~nt on Sept. 1, 2002 (total amount $1~016,380) -.' - -t~ LI.D Guaranty $435;000 ~o] LID cgntrol $~57,00Q to] Ut,i1ities (~pp~oxir:nately ~O%) $106,552 to] Interest revenue $18,000 12 '. . . .' . . . IIIIIIII fill...' 4,000,000 3,500,000 " 4,500,000,' 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 ' o 1996 1997 1998' 1999. 2000 2001' 2002 Budget '. ,'I General Fulid Reserves' Ct CurrentFinancialManagement Policy sets minimum fund ,balance at 100/0 of GF expenditures, this is approximately $1.5 millidn' .... Ct Same policy requires, the City to designate budgetary "surplus" to capital projects . OCt As of 12/31/2001, our reserves are $2.4, milliopand include $500,000 or 2001 , budgetary surplu.s ... 13 e Options.. . . -. , f) Designate $500,000 from 2001 'towards CIP 8 Change Financial Management Policy,'and designate all or part of $500,000 towards, 2003 operating ,budget f) Designate $500,000 towards,CIP and allocate portion of ,current reserVes towards 2003 " operating budget (without 'going below required 100/0 level) . Outlookfor the 'Future..,. Forecast Budget 2002 Rewnues 12,881,954 Operating Exp. 12,499,196 Capital Exp.lCIP' 382,757 Rewnue less Exp. 0 Ending Fund Balance* 2,440,620 Projected 2003 2004 12,836,496 12,997,901 12,958,353 13,396,757 250,000 250,000 (371,857) (648,856) 2,068,763 1,419,907 , Forecast 2005 2006 13,162,712 13,301,033 13,853,681 14,330,152 250,000' 250,000 ' (940,969) (1,279,119) 478,938 (800,181) * Ending Fund Balance for 2002 includes $500,000 "surplus" from 2001 budget Assumptions: * COLA 2,5% in 2003, 2.7% after * Medical Insurance 12% in 2003, 5% after * Liability Insurance 5% in 2003, 3.5% after * no increase in number of personnel 14 " I CFrir~cast. .. 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 . 4,000,000 2,000,000 o -2,000,000 . . . ,999 p,c\t~ ~~~\fOt~f~tf~~fO;~~t~fOtf~fOteCa~ . Revenues . Expenses . . [J Reserves I 'l> e~ "11'FlIII 15 . ~ -" 'f> Only 450/0 o( gas taxes collected C~ Collection 8% lower . than 2001 and.110/0 . below 2000 ~ AlmostSO% support:ed by property taxes' and transfers from GF--: . . C~ 29% from gas taxes (declining trend) , ..-. f> 160/0 from other transfers' a $100,000 REET #1 a 'Solid Waste $125,000 -: 30 .! ~ 20 ~ .. a.. ... 10 .' ...""""... ~~ ...",,<f' ...",,<t" ~""., ...",,<6> ~q;. ~<6> ~<fl> <6'<S> rf>~~ . rf>~' ~ 390 380 Cb<fl CbCb" Cbcfr Cbr$> n.~ Cbct> Cb~ Cbq;. Cb~ Cb~ f;:)tS' f;:)~" " " " " "J" " ".," " q; q; Street Reserves T' h 600 o U $,400 a n d $ 1997 1998 1999 2000 2001 2002 16 ~--------;-- . . , , \, .:'" I ! ' Good,Newsl' . . ", " ,.- c.. " "f) An $80 ,bOOsa'{,rj~s';,wHt be . , realized, as m'oneYii, . bydgeted for S!r~~t ", ,L.ightipgrn~y"',no~4~e ,used.: . for another St~e~.tpr9ject.. .:1 " . :17 I I i ,I " ' .e.+ . . . , . - Governmental CapitqlProjects " ~ Airpo(,~Road 'Realignrn~nt cost' to date $2.4fV1 . ($~,16?,~41 in 20Pl);~ . funded by TIS grant; needs $50,OPO to be ' completed . -j, .... .. Governmental Capital Projects f) Francis Street Park, total , cost to, date $867,545 R $384,859'property , acquisition' , 'm Design $37,593 , tl Constructiqn~~5,0~~ f) Avai,lable.Eund~*~p9,281. t::' $272,000 lAC grant .' E-:: $22,423 donation f~om 'Soroptiniist Jet Set 'E-:: $190,000 suppolte by GF . 18 ,'~ . Other Authorized Projects. . .. . . . . ..,. , .. c~ $80~000 YVaterrrontTrail . . ~) $25,000 Pool.'renov~tion,visibility stu~Y , . ".,..;.. .y. . .' ~ $568,000 .~ir~ Station roof. repair ~) $150,OOOOlympicO'iscovery Trail . , .;.... , , c.) $185,000 ,LaureL'Stre'et'Repair , , . ~) $50~000 E?iz.J-Io~k rip r~prepair, c.) $25,000 C~ty ea,st entrance trees .e. CIP 2002/2003 ' .~,jpg.;,iq~I!!cJ.es;;. ~'exfsting,funds 001 "surplus'~ .~ 19 ." 'e~ '" . f), $2~,000. City east entrance 'trtes;'C?0?3) ..' . f) .$50;OQO,!iidevyalk program . . (2002/2003) .... . . . . . . f) $1.1.0,000' c.arl1~~ie Lib~~ryf C~$20;000 .ADftcLJrb' . ramps/charges '(2002) . . . . f) $18i,000'pq6Ir~noy~tion.;" f) $280,000 8th.St. bridge.. ,: repl~cement .~esign .' ..: f) $25,000 City Pier dreqgillg and 'piling replacement ~)$50,000.Laurel Stree~ pavers -......'..............:.. '.ir ;; . ,C~ To avvard contract for base bid and allo,^, $100,000 for contingency 'weneed . . $1,099,oqo ....' . . ':r'. C~ Proposed Funding sources': H Existing funds.$800,000,' , t: .Savings from street lighting , $80,000: '. .. .. ti Governmental fund allocation ,$1~0,000 ,: , t.: Walkling Trust $50,000 E': 2'002 additional revenue receipts $29,000 . 20 . ... '.: Other Governm'entatFunds . . . . , , , , , , , , f) Hotel/Motel Tax Fund ".'._ ~ ,~' i ' :.: 300/0 of .revenue collected '.fIiIII' :.: 130/0 more than last year ,,' ':om Unusually high receipts for 'December, " , January, andFebryarv:activ!ties , ':.: $100,DOO designated forConvention , Center f) REETs, ':-: 450/0 of taxes collected , ' . , :om Same as 'Iast y~ar .:, .'1 ........... ., ...1.. : 21 , .: -~ Vtiliti~s (E.nte rp rise funds} .~) Expe~ses .$4~.5 milli!Jn . ." ....' . e Accounts for over 600/0 of total City expenses e Rates are set to recover' operating cost~ debt payment; and to fund capital projects . . Water/Wastewater .. Electric 0 Solid Waste . :: .....s' " . , Utilities.. '. - ...... Cash Balances - Utilities 12' 10 t/) 8:. c 6" ~ :=4 2 o 1996 1997 1998 1999 2000 2001 . YTD 2002 \- Electric - Water/Wastewater -:-- Solid Waste 22 . , ~O7l211/02 ftl 303 623 1508 NTH? - MPRO 10:46 / I \ \ 141 004 30 MilIiott ~ers LeD~heri TheiriTrips Because of Culture . . \ Panners in Tourism ~mmiss~oned the Tl'avel Inclusuy Association 6f ~eriea to add a ~eries of questions to its January 2001 Nation~l 1ra1/$1 Survey. The purpose was to'determme the length of time that 1nlvelers e:lttend their trips because ofoulturGl activities ot' events. This included n~{eler$ who added tim~ either when they were plarrtt.iflg the trip or while on the trip. This study underscores the irhpon:bce of arts and culture as an effective product for tourism professionals to IIW'kct their communities both' dome&ica.Ily and m.temationaIly. 92.7 MD110D TnveIen Included Culture 00 their Tn)!. . , . . tTwo=tbitc!S(651fmcnttof~Cii1adulnrivelers say' ~mcludi5d"iCiitWtil,~lU1S,.heritage.or.historic . ~Vl~.ot eve;t~6t1ittiroiSO m~~~t11()1'e, o~ay.,~€fu1:Ft X~~ '11iis.eqUat~..t~~~'ffii!ltQa CCW~~J2:-~s.~~~~ettll'iii:~~~h1~-6.I.. ~t-O'f~lerscl~..d:f[na,veifiClUdedl' ~~)I~..antage or Jiistonc iiCtiVlD'_Or event on"~.P4S!:~ear ti1lf1\ ,~. . -1,-...... - .. --.----- ..-;.... _-... - L...;.",,;,..-.Ll l.~~~i~a~ill h~~,~~~~.~uch'M,aJ)l1ildjng,..b.iIDSfi~ta..Q.r.~~~o~i\iirity;~remair1~"~.tlu:-most.popular' . (~~~t~!.fyi~:~il[~~in.~~(~t.~:~t>-~~ultJraY~Je~.~cii?~~g in this actiyity wh\l~~o.n.amp.liithF ~past.yearl;;Partigp~n.m~tbis'~l!!..ty-"ias. remained fll1'ly~c?~trsmcdJ 998,..w.b~fl41 P.erpent ofttaVel~ claim" they.visited historie-sil=s.J . I \ , I, l~~ m:e.a&Q_P9PWar_With.t;ra!lelersl,with~30_percent.~clUdi%1i!.this-acti,nty_.Ttljs~~ Other cu.ltunl actiYi1ies AmCric;~ ~QY while on flips away- from home ihcludc live theater (23 percent). art plleries (21 percent), herita.~ or ethnic i:stivals (20 percent) and ri1lfSic can~erts (19 'percent). When compared to t 998, mast oftbese cuJ~ activities showed little or no change ip partic~pation ra~. The only activity that show~ a substantial increase/ is attendance a live theater performanc~, which) increased: from 19 percent in 1998 to 23 pe.rc:ent in 2000. ! ' . \, , , "'lQntlp or 143".3 million u.s. Adult 1ravelers Ihllt Incl,!ded Cll,......Iar.nla on TriP. of 50+ Mil.. During ,... YUl' i! I I Any CUllllrll 1-:1""-",,,- .... \-rrlc.. ~ ......-J J.M TMan , ,'1'( 43% (41.0 MIIII(ln, . . J 30" <"2.6 milllOl'l) I \, I -23% (32.8 million) 21,. .(30.2 million) .: Al'tiial..~ d ~r~,w.nlll ffttlnl i ) ClplIrlf Clall:ll ean." / " 1lIn. PlrfIllrm_ I II r04lll'Y~ UC.nry AIIRII1I1 ! \ I'IlnI '-.cMI \ \ I 1 ctI1.r~rt I ou..rjCUlVat~ 20.,. (29.1 million) 10,," {13.1 milliG/l) 9'1(, (13~S mllHan) S~ (T.O Milion) 1"~ (20.4 milian) , I~ Q"JI. !fI'f. ~ - 1ft NDte: M~lliple'~ allowed. oovn;e: !Pan_s Ur Toarl.Tm aha TrlMlfndll.J/ry .uso.:jQtKlII (Jf Arrrt:ri~ . j , ! / 65"4 r mllHo"l I I \ \ \ ., \ 1 \ \ \ Wfo 7'0%' \ 1 " -:::~..07/26!02 10:04:8 I '5'1 3,03 623 1508 ;: NTH? - J1PkO . , 141 007 i I,' \ FACTS ABOIJT mSTORIC/CULTURAL TRAVELERS . mf-tliOSe,tra.v.elers~W1iO~adaoo7tiin~t"O:tlre:rr:.tfjp:-tO.S~Cifi@l~.$~a' histo~c1cu1tural-event~ (i3~percent~~aae-d part~f.O'rie."dty:;~'17P~r~nt-rdacd~ne.:.exti:'l;.ni@t:;1~~p!;J:~e'nt.adcieci"l;r (eXtfif1iigl:i.ts.and~8ij.6th'e'r.7 pgcen(ailded.three~or~mor-e'iextra~nigh'rs\, .becalfSe"ol~this.actiYiiY or event ' ", . \ . Historic/cultural travelers are slightly older than other U.S. travelerS (48 VS. 46) and they are mo~ likely to have a post-graduate education (23% Ivs. 20010). One-third (34%) are 55 or cl~. ' I . "\ . 1une, July and August are the ~ost popul~ month? for historic andcultutal travel. , ' "I . Seventeen percent of'historic/~ultural trarelers parti-ci,pate in 4+ activities while travelini. compared to just 5 percent of total travelrtS. ! '. i I ! "..', ...\ . ~orel~2!c[s ana~B~Besiaolisliriien~ke.useqI6trfr~t.orj~i;e~byrhiStOriclCultural trav.elers.compa.red.to~56.percent.ofaITtravelers..l\ I , . tSlioppingjs.pirt-:Ofrthe.trip.f~~~~~~~t of ni$~i@..c'ii11j~(tmvelerS, 'coIIlP~at[d.!q]:3 psrcent:"of:tiie:tJ:S:trav'~l:P:OHUlatiOn~~tatelnatiOlrlal P~. outdoor activitieS, beaches and theme parks are also popular with lWftoric/cuitur'iil tra'{elers. \ . Eighteen per-cent Of.historic/cultural/travelers sat they~pend more than $1,000 when they travcl compared to 12 percent of aliI travelers. !.. \ . Historic/cultural travelers Eli'e twi.~~ as likely to t4ke a gtl~UP. tour than ~e average traveler (6% V$. 3%) ./ 'I \ \ /. ~ I . . The South Atlantic and Pacific ,:regiop.s oCtile U.S,! are th~ Il1'Ost popular destination regions for historic/cultural travelers. with each region l1Q<rountir~g ~ 18 percent of all trips taken by this group. ! i il .... \ ,! . ".,', . \ . Air travel is the prim~ rrto4~ of ~s~ortation ~~r .22 p~~nt~t histone/cultural ttavelers compared to 18 percent of the U,.S. traveler pop~latl'on.\ i\ \ '. . The average nwuber ofl}i.g~6 away per trip for'NstOriclC~lttfrai travelers is 4.7 nights compared to 3.4 nights for fill U.S. travelers. II \ \ ' , I ,.1 . ~daY;ab'o;!!.~.i1in~~);.o1lQ~~~-~rsoQ~ffiP~~~ilieS~:~"p'I~ure)~ludeS ". @1h~~c~:~~.ty=~"In:~t.~hi~p~:m~ltlf1~el~e'i~:up.~l O~t.fffiiil:r9.,~~ - tin~wgffOmJ 92.~~iiiilll~n.~n~rnp.s to lJ~.qr,IllnlOWp~.Q!f~I!S 'In'200~1 A ~erson-tTip eqUals one person on one tnp 50 miles or more, onefway. ~way fron~ home or lncluding an overnight stay. M .1' . J \ . \ " ,\ , / , ',; J \ \ \'. . rIA i$ the nartonal. nan-profit organization repriesenting a~'l c'omponehts~/the $584 bilJion travel industry. TIA ~ mission is to represent the whole of t~e\ (J. s. tr(Eli~1 industry tQ rCUta:Jte and facilitate increased travel to and within the United Statu. I I ,! \ \ \ \ \ \ , ! \ \ \ \ . , _ 07/26/02 . 10:45 ft1 303'623 1508' NTHP - MPRO ~002 ; /BERITAGE TOURISM PROGRA~ \ \ -,..'. \,1 , \ NATIONAL rrRUST ' r- HJS'I'OllIC ~5EItVA'JiON \ , What is eulturaJ beritage tourism? ,',' \ Cultllral heritage tourism means traveling to experieD.ce;the pl~cesand activities that authentically represent the stories and people orthe past and present. lIt inclu.deS\irreplace~~Je historic, cultural and natural resources. ,(' \ What beJ'leftts does cultural henta&e tourism offer?i.\ ,,\ ,,\, Tourism is big business" G"2000....traY.il~d~H?J.!riSl1l$ii@,6jii~ci$58~~3.b.i11iOii'iOtheU:-S..et:Pnomy.~ tTmetaiid:tO\itismist1ie.'"tIijrd.Jargest1et'iil:iir41tst5i:injl~e:.u:S)behind au~omotjve dealers and food . stores. Travel aDd tourism directly employs more ~ 7i:8 mil~ion people and indirectly supports another 11.S million jobs, creating a total of19 millionjob~/-that's I of every 7 people in the U.S. (Source: 2001 Tourism Works/or America Re.port,l I '\ ,i , 'I I In addition to creating new jobs. new business and high,br prop~I'o/ values, well-managed tourism improves the quality oflife and builds commt.mi.tY, p#d~,~C"'oTding.to'a6200 rRepOrt"'ofiCllltUrazSa', '!fiSf!!:!~Tau;i.sm, ~sitorU~Jlis~QriC~~i~j~~~cg=y'lon.g~!lJld",s~~1l10re~~~ Gtlier.~1~ds,of~t9urlst.s.rcc&tural ana.lien~e~Xlslt~~'~PT~';.Q~V;flr~ge,.~63,l.per.,.tg.P_C;::_~B~~J.~ ~~..7J f~ll_UJ. travelers, and,they_spena.ana.av,erag~LqU. ?~~gIjts l!~a)(:~o~ liome'7'..,~~~ea fjj ,3 .~.Dlgh1S' for.aU,otlter;tra"y'elers~_(Source: Travel !rjch~trz.~~la!tl,on ~f 1men.:~~l~apsthe:l::l1ggest6enefifs oJ ciilfiiiil heQ.ta&e"tounsm,~though,.are.4ivers1ficttion onocal etonom,(\s and p!eservatton of.M C.q~:5.wllque eharacter"J ---z;-n i . \ i \ What challeD&es can cultural beritage tourism brqtg? !\ One challenge is ensuring that tourism does not destroy the very heritage that attracts visitors in the first place. Furthermore, tourism is a competitive, sophisiic'~ted, fast-changiIlg industry that presents its own challenges. It is generally a. clean induSrry! no sm~stacks or dangerou~, bhemicals. But it does put demands on the infrastructure .. on rOads/airport, w,. ater supplies and pubVc services like police and fire protection. ) , 1\ ' i )\ / i \ What makes cultural heritllle tourism ~ork? }I By working in local communities across the country q~{er the past decade, the National Trust has develQped five principles to create a sUstainable bultuf'Jl he'dtage tourism program in your community, . ' I I " regt.OQ or state. !" , 1) Collaborate / i i 2) Find the fit between a community ElD.d to~rism 3) Make sites and pr~ come alive! i' 4) Focus on quality md authenticity; .! 5) Preserve and protect resources ) / / !' ;' ,;'" \ \ .- What does tbe National Trust's Heritage 'I\ourlsm Program ,do? The Heritage Tourism Program provides ~hm~aJ! riss~fance in '~tr8:[egic planning, preservation, towism development, interpretation and m~ketintdon a:t~';;for-Service b~is\ The Heritage Tourism Program has also developed a series ot"how-to" publijations/a.nd ~gramS trJ help individuals and organizations developing cultural herita&e tourism PI()p'iiImS,;f \ \ J I / / \ f ',j I, i I' \ Pr/otdng the 1",;..lIIuabl,\ , / r, \ , I \ ! \ I ! i ,I