HomeMy WebLinkAboutAgenda Packet 08/09/2016 01 A 1
3
i
A
° u � t•
4
.A.
,
4
+-.:.- v ,....v......,. ....__.. _.--x;s-�- - ,..__ . ......� ,,:R-..•f.-g -� ,.... p+a �-�,... ,� �at,�, � ;�d' � �k'A�C..1v.'` ** r ,,�� .t;.�;,,�,"'�'
IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII,
2016 MID-YEAR BUDGET UPDATE
2017 PRELIMINARY REVENUE FORECAST
2017 BUDGET DEVELOPMENT
AUGUST 9, 2016
2016 Mid-Year Budget Review 2017 Budget Development
➢ General Fund ➢ Plan & Objectives
➢ Lodging Tax ➢ New & Emerging Considerations
➢ Real Estate Excise Tax I & II ➢ Council Requests & Questions
➢ Utilities ➢ Budget Schedule
2017 Preliminary Revenue Forecast
➢ General Fund
➢ Lodging Tax
➢ Real Estate Excise Tax I & 11
➢ Utilities 2
o y
4
••.. 2016 MID-YEAR BUDGET REVIEW
3
WHAT WE WILL COVER
TONIGHT
General Fund Utilities
➢ Revenues & Expenditures ➢ Electric
➢ Fund Balance ➢ Water
➢ Wastewater
Lodging Tax ➢ Solid Waste
➢ Collection
➢ Revenues & Expenditures ➢ Transfer Station
➢ Fund Balance ➢ Stormwater
➢ Medic I
Real Estate Excise Tax I & II
➢ Revenues & Expenditures
➢ Fund Balance 4
N
c
REVENUE SOURCE 6/30/2014 6/30/2015 6/30/2016 2016 Balance Balance
Actual Actual Actual Amend#1 to be to be
Collected $ Collected % I
Taxes $6,350,043 $6,300,391 $6,752,261 $12,691,600 $5,939,339 46.809,.
Licenses & Permits 206,989 266,472 246,903 555,800 $308,897 55.58% •�
Intergovernmental Revenue 385,713 333,570 256,761 559,600 $302,839 54.12%
Charges for Goods & Services 2,665,018 2,954,612 2,819,599 5,670,800 $2,851,201 50.28%
Fines & Penalties 111,475 106,924 17,756 10,000 $7,756 -77.56%
m
Miscellaneous Revenue 109,395 86,812 108,523 166,800 $58,277 34.949/o i
Proprietary Income 0 0 0 0 $0 n/a
Non-Revenues 0 0 0 0 $0 n/a
Other Financing Sources 60,600 60,998 168,575 247,550 $78,975 31.90%
TOTAL Revenue $9,889,233 $10,109,779 $10,370,378 $19,902,150 $9,531,772 1 47.89% %0
r
O
(V
$350,000 •
C
•
$300,000
$300,006 Q)
I
$250,000 $250,000 3
N
$200,000 $200,000 •
N
$150,000 $150,000
Co
$100,000 $100,000
N
$50,000 $50,000
$o $o
■Budget Amendment#1 ❑Actual
N
Sales Tax BudgetActualGeneralFund
2015 - 2016 CONSTRUCTION SALES TAX REVENUE COMPARISON BY GROUP
$300,000
i
$250,
$59,411 i
000
$200,000 Collected Sales tax
in the$93,416
• •
$150,000 category has
i
increased 87.2% •
$100,000 $31,24 from _
2015 - •
June
•
•
$24,6
$59,556
•
0•
June, 2015 June,
Construction of Buildings Heavy&Civil Construction Specialty Trade Contractors C4
The rapid increase of Construction starting in 2015 is owed to the many one-time projects that
are still currently ongoing within the city. Namely the City's CSO and Landfill projects, and the
Olympic Medical Center and Peninsula College expansions. Construction is the City's most
fluctuating generator of sales tax and is presently not systemic in nature. The large increase in
construction related sales tax is expected to be one-time revenue for 2016. 7
N
$450,000 $450,000
$400,000 $400,000
Or
$350,000 $350,000
$300,000 $300,000
$250,000 $250,000
Or
$200,000 $200,000
$150,000 a $150,000
m
$100,000 $100,000
$50,000
$50,000
$0wu $0
Feb Mar May lul Aug Sep Nov Dec
■2016 Budget ❑2016 Actual
O
N
Combined • General •
i
N
$150,000
c
N
$100,000
I
$50,000 - - -- 3
_ N
N
$o _
Jan Feb Mar Apr May Jun Jul Aug Sep Oct
($50,000) m
i
($100,000)
�C
C
($150,000) %0
r
-.nBudget Amendment#1 newActual N
N
i
EXPENDITURE SOURCE 6/30/2014 6/30/2015 6/30/2016 2016 Balance Balance
Actual Actual Actual Amend #1 to be to be
S ent $ Spent % Q
Salaries & Wages $4,737,996 $4,715,231 $5,031,249 $9,193,300 $4,162,051 45.27% w
I
Employee Benefits 1,663,541 1,769,451 1,748,835 3,803,700 $2,054,865 54.02% 3
Supplies 334,471 278,341 345,119 745,500 $400,381 53.71%
N
Services 1,677,828 1,462,473 1,764,399 3,769,300 $2,004,901 53.19%
Intergov'tl. Svcs. & Payments 1,579,571 1,386,036 1,435,263 2,455,400 $1,020,137 41.55%
Capital Outlay 187,632 0 11,675 41,200 $29,525 71.66% m
Debt Service: Principal 0 0 0 0 $0 n/a a
N
Debt Service: Interest+ Other 0 0 0 0 $0 n/a
Interfund Pmts. for Services 12,237 846 25,901 500 ($25,401) -5080.201/.
TOTAL Expenditures $10,193,276 $9,612,378 $10,362,441 $20,008,900 $9,646,459 48.21%
O
N
N
i
$2,500,000 $2,500,000
c
N
$2,000,000 $2,000,000 K
W
$1,500,000 $1,500,000 N
N
$1,000,000 $1,000,000
a1
$500,000 $500,000 m
a
m
$0 $0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec C
■Gen.Fund Expenditures Amend.#1 ❑Gen.Fund Expenditures Actual �0
r
O
CV
N
i
$1,400,000 $1,400,000
C
$1,200,000 $1,200,000
x
W
$1,000,000 $1,000,000
$800,000 $800,000
N
$600,000
$600,000
N
�1
$400,000 $400,000
00
$200,000 $200,000 a
N
$0 $0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec C
■Gen.Fund Salaries,Wages&Benefits Amend.#1 ❑Gen.Fund Salaries,Wages&Benefits Actual �O
r
O
CV
N
U
c
$7,000,000 35.00% a
a
Co
$6,000,000 30.00%
C
$5,000,000 ----------------------- 25.00%
3
$4,000,000 20.00%
N
$3,000,000 15.00%
$2,000,000 10.00%
Co
$1,000,000 5.00% a
$0 0.00%
31-Dec-2006 31-Dec-2007 31-Dec-2008 31-Dec-2009 31-Dec-2010 31-Dec-2011 31-Dec-2012 31-Dec-2013 31-Dec-2014 31-Dec-2015 �CC
Unassigned Fund Balance Fund Balance as%of Expenditures C
�O
O
N
General Fund
Unassigned Fund Balance
t
"INAfl
x
a
c
100,000 �
90,000
I
80,000
3
70,000
60,000
50,000
36,568 38,518
40,000 30,828 33,963
� N �
30,000 0 m
o w
o v i
20,474 v a
20,000 m '� 17,377
a o
v m
10,000 N N
0 ` Z Z Z Z Z •�
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC LS.p
x'16 Amend.#1 '16 Actual Expenditures C
CV
Lodging Tax {
IIIW
it
$800,000 ~
W
W
99
$700,000 08
1—
$600,000 W
W
$500,000
3
m
$400,000 >
N
99
j$361,157 4..$300,000
$32' �
$266,9817
$200,000
� 00
$100,000 — $125,756 $147,412 $150,000_ a
$124,750
$110,046 $113,710 $103,541
$87,977 >-
$0 $74,850 �C
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016Amend#1 6/30/16YTD C
�O
REET-1 Actual Revenue ■REET-2 Actual Revenue
O
N
LU
W
W
$40,000 $40,000 99
$33126 $36,488 $35,102 08
,
$35,000 $35,000 —
$29,592 LU
~
$30,000 - $30,000 LU
$25,000 - $25,000
3
$20,000 - -- $20,000 N
$15,000 — $15,000
$10,000 - $10,000 N
�1
$5,000 $5,000
m
$0 $0 a
FEB MAR APR MAY JUN JUL AUG SEP NOV DEC
($5,000) ($5,000)
($10,000) ($10,000)
I Combined REET 1+2 Amerd.#1 ❑CombinedREET1+2 Actual .p
r
O
CV
Real Estate Excise Tax (REET-1 ) + Real Estate Excise Tax (REET-2
2016 AmendmentBudget •
ELECTRIC
2014 2015 2016 2016 V
'i
Revenue Actual Actual Budget Revised Estimate V
N
Rate 34,231,197 29,141,799 30,711,400 30,711,400 W
Other 1,772,240 1,926,277 1,570,150 1,579,450 (1)
3
Total Revenues 36,003,437 31,068,076 32,281,550 32,290,850
N
Expenditures
Personnel 1,948,608 1,867,351 2,044,400 2,044,400
Benefits 708,731 710,816 810,200 810,200 m
Purchased Power 24,504,882 18,741,907 19,354,600 19,354,600 a
Services 4,541,410 4,283,678 4,027,600 4,127,600 (2)
Taxes 2,202,396 1,833,430 1,936,900 1,936,900
Other 2,295,000 1,620,000 1,941,000 1,941000
Total Expenditures 36,201,027 29,057,182 30,114,700 30,214,700 'O
0
N
N
WATER
2014 2015 2016 2016 a
Revenue Actual Actual Budget Revised Estimate
Rate 5,249,000 5,638,000 5,824,000 5,824,000 3
Other 372,000 344,000 233,000 233,000 N
Total Revenue 5,622,000 5,982,000 6,057,000 6,057,000
N
Expenditures
Personnel 801,000 844,000 903,000 903,000
m
Benefits 348,000 396,000 429,000 429,000 a
Services 2,470,000 2,497,000 2,730,000 2,751,000 (1) >-
Taxes 553,000 596,000 602,000 602,000
Other 1 1,397,0001 1,389,0001 1,308,0001 1,308,000
�o
Total Expenditures 5,568,0001 5,722,0001 5,972,0001 5,993,000 c
N
Water Utility
(1 ) Amend 2 - Hydrogeologic Services Feasability Study - Phase 2 ($21 ,000) - per Council
approval.
WASTEWATER
(D
2014 2015 2016 2016 v
3
Revenue Actual Actual Budget Revised Estimate N
Rate 4,768,865 5,482,434 5,902,300 5,902,300 v
Other 774,217 757,449 530,000 639,445 (1)
Total Revenue 5,543,082 6,239,883 6,432,300 6,541,745 (D
0
oe
Expenditures
Personnel 768,769 758,875 777,600 777,600
Benefits 327,954 363,153 379,400 379,400 m'
Services 2,296,994 2,232,387 2,577,425 2,577,425 v
0
Taxes 762,737 811,279 808,700 808,700 >
Other 1,280,000 1,330,000 1,502,000 1,502,000
Total Expenditures 5,436,454 5,495,694 6,045,125 6,045,125
0
N
SOLID WASTE
N
2014 2015 2016 2016 C
Revenue Actual Actual Budget Revised Estimate ?y
Rate-TS 6,293,707 6,842,529 6,491,400 7,400,400 (1)
Rate-Coll 3,501,675 3,687,903 3,791,400 3,791,400 r0
Other 122,957 163,945 31,000 97,000 (2)
Total Revenue 9,918,339 10,694,377 10,313,800 11,288,800 3
N
.5
Expenditures N
W
Personnel 516,541 516,528 522,200 522,200
Benefits 247,574 271,757 272,300 272,300 to
Supplies/Tools 133,000 109,000 148,000 121,375 (3) D
Services 1,803,976 1,726,424 2,070,818 2,070,818 m
Contractual Sery 3,965,582 4,238,378 4,185,492 4,435,492 (4) C
N
Transfer St Services 1,298,413 1,431,364 1,502,708 1,502,708
Taxes 733,045 831,880 759,500 759,500
Other 1,007,000 1,004,000 1,077,000 1,077,000
�o
Total Expenditures 9,705,131 10,129,331 10,538,018 10,761,393
N
SOLID • •
2014 2015 2016 2016
Revenue Actual Actual Budget Revised Estimate 0
Rate-Coll 3,501,675 3,687,903 3,791,400 3,791,400 u
N
Other 39,685 53,492 31,000 31,000 O
Total Revenues 3,541,360 3,741,395 3,822,400 3,822,400 U
Expenditures N
Personnel 322,786 322,190 319,000 319,000 N
oe
Benefits 164,051 182,415 178,400 178,400 N
Supplies/Tools 120,973 99,963 136,050 109,050 (1) -a
Services 1,052,536 1,052,361 1,312,670 1,312,670 ca
Contractual Sery 631,162 645,938 686,392 686,392 `p
Transfer St Services 1,298,413 11431,364 1,502,708 1,502,708 (D
Taxes 224,282 250,507 238,500 238,500
Other 243,614 235,298 293,000 293,000
•o
Total Expenditures 4,057,817 4,220,036 4,666,720 4,639,720 c
N
C
SOLID • O
C
2014 2015 2016 2016 vs
Revenue Actual Actual Budget Revised Estimate
Rate-TS 6,293,707 6,842,529 6,491,400 7,400,400 (1) c
Other 83,272 110,453 1,000 67,000 (2)
Total Revenues 6,376,979 6,952,982 6,492,400 7,467,400
N
Expenditures �>
N
Personnel 193,755 194,338 203,200 203,200 °C
Benefits 83,523 89,342 93,900 93,900 0
Supplies/Tools 12,002 9,038 12,325 12,325 D
Services 751,386 674,063 758,148 758,148 °O
Contractual Sery 3,334,420 3,592,440 3,499,100 3,749,100 (3)
Transfer St Services - - - - >�
Taxes 508,763 581,373 521,000 521,000 -6
Other 763,419 768,340 783,900 783,900 -0
Total Expenditures 5,647,268 5,908,934 r 5,871,573 6,121,573 0
N
Solid Station Transfer
• - -
2014 2015 2016 2016
C
Revenue Actual Actual Budget Revised Estimate
Rate 1,474,154 1,490,435 1,744,800 1,744,800 C
Other 42,451 18,334 8,000 33,000 (1) vs
Total Revenues 1,516,605 1,508,769 1,752,800 1,777,800
N.
Expenditures (D
oe
Personnel 116,749 154,248 202,200 202,200
Benefits 39,296 50,731 71,300 71,300
Services 376,211 535,560 839,858 839,858 m
Taxes 119,414 120,701 139,700 139,700 C
Interdept 390,000 149,000 165,000 165,000 (D
Transfers 30,000 125,000 151,000 251,000 (2)
Other 29,000 53,000 62,000 62,000
Total Expenditures 1,100,670 1,188,240 1,631,058 1,731,058 O
0
N
MEDIC 1 U
2014 2015 2016 2016 N
Revenue Actual Actual Budget Revised Estimate
Rate 673,000 726,028 704,000 735,000 (1) 3
Transport 536,824 625,583 605,000 640,000 (2)
Gen Fund 448,000 448,000 448,000 448,000
Other 64,596 266,795 16,400 16,200
Total Revenues 1,722,420 2,066,406 1,773,400 1,839,200
Inc 211 PPAm a
Expenditures v
Personnel 918,710 954,466 952,900 952,900 >_
Benefits 258,158 276,843 284,800 284,800
Services 385,192 375,782 438,650 462,650 (3)&(4)
�o
Other 113,000 91,000 1 100,000 100,000 c
Total Expenditures 1,675,060 1,698,091 1,776,350 1,800,350 N
Medic I7
(1 ) 2016 rates are returning higher revenue than budgeted (estimated at $31 ,000 by year-end).
(2) Transport revenue is exceeding budgeted expectations (estimated at $35,000 by year-end).
(3) Additional EMS expenses anticipated ($9,000). 24
(4) Additional Olympic Ambulance liability ($15,000).
.._..
s'
c
u.� N'r.,. ,.... .._,• �: —y"r"' Ago-�. �Q �yF..� •` � J,�..,
2017 PRELIMINARY REVENUE
� FORECAST
25
COMMENTS ON THE REVENUE
FORECAST FOR THE GENERAL FUND
O We are only projecting a small inflationary increase in sales tax
O No anticipated large scale retail business to move into Port Angeles through 2021
O No anticipated large-scale construction projects to generate sales tax in 2017 or beyond
O Property tax increase assumes 1% increase authorized by Council
O Hopefully, we see additional growth in assessed property values-2016 was first increase after 6
consecutive years of declining assessed property values (tax collection years 2010-2015)
O Utility tax receipts show an incremental increase based on anticipated rate increases -
very limited growth in utility sales
26
Support to G.F.(Allocations) $5,078,600
Property Tax $4,410,2(0 a
Utility Tax--Combined $4,175,801
Sales Tax--Combined 2,932,500 0
All Other Revenue $1,893,099 a
U
Telephone Tax $609,000 N
Building Permit Fees $245,900
2016 Amendment #1
Public Safety Sales Tax $243,800 Revenue Budget
$19,902,100 m
Cable TV Franchise Fee M $166,700
Leasehold Excise Tax 11111 $146,500
0
$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 N
General Fund Major Revenue Sources -
2016 Budget
Revenue Sources 20061 20071 20081 20091 20101 20111 20121 20131 20141 20151 2016 Amend#1
Support to G.F.(Allocations 3,314,585 3,141,150 3,985,119 4,326,152 4,141,332 4,219,490 421,064 4,115,613 4,839,131 4,182,596 5,018,600 25.52%
c
Property Tax 3,426,313 3,190,294 3,815,336 359,814 4,036,248 4,061,613 4,112,911 4,193,648 4,261,485 4,346,461 4,410,200 22.16%
Utility Tax-Combined 2,884,604 3,251,180 3,353,323 3,506,126 3,143,651 3,800,131 3,199,484 4,262,449 4,439,160 4,115,801 4,115,801 20.98% i
U)
Sales Tax-Combined 3,254,614 351,180 3,209,825 2,163,421 2,811,100 2,816,603 2,183,143 2,812,211 2,881,012 3,382,314 2,932,500 14.13% a
U
Telephone Tax 538,041 505,043 639,121 636,501 541,323 698,148 481,088 562,449 611,965 465,151 609,000 3.06% o
Building Permit Fees 541,250 498,199 253,493 401,313 224,252 224,166 660,016 199,920 235,502 506,314 245,900 1.24% -
Cable TV Franchise Fee 124,952 129,820 139,348 144,421 156,913 156,216 116,585 158,159 165,193 112,695 166,100 0.84% c
Leasehold Excise Tax 116,820 120,009 118,411 132,296 131,320 124,811 131,851 143,841 154,320 140,228 146,500 0.14% >
All Other Revenue 1,564,231 4,121,841 2,032,304 4,838,395 2,431,582 2,261,383 5,243,851 2,148,541 2,602,031 2,119,113 2,136,899 10.14%
TOTAL Revenue $15,165,530 $11,121,922 $11,601,552 $11,114,510 $18,301,121 $18,489,828 $11,150,665 $19,256,908 $20,208,458 $20,090,859 $19,902,100 100,00% N
egular Retail Sales in the City of Port Angles 0 8.4%
7from
ales State Clallam Transit Criminal Justice Emergency County Mental City of Port Angeles State-- x
or Communications Health additional Salesness Tax H
6.50% 0.60% 0.10% 0.10% 0.10% 1.00% 0.30% N
4)
State Fee @ 1%of Clallam County# City NETS 84%
City Collection 15%of City the City's Nominal
Collection 1%collection H
$10 $0.65 $0.06 $0.01 $0.01 $0.01 $0.00 $0.02 $0.08 $0.03 4-
U)
$100 $6.50 $0.60 $0.10 $0.10 $0.10 $0.01 $O.1s $0.84 $0.30 V
$1,000 $65.00 $6.00 $1.00 $1.00 $1.00 $0.10 $1.50 $8.40 $3.00 U
$10,000 $650.00 $60.00 $10.00 $10.00 $10.00 $1.00 $15.00 $84.00 $30.00 y
O
$20,000 $1,300.00 $120.00 $20.00 $20.00 $20.00 $2.00 $30.00 $168.00 $60.00 LL
$30,000 $1,9SO.001 $180.00 $30.00 $30.00 $30.00 $3.00 $45.00 $252.00 $90.00
$40,000 $2,600.00 $240.00 $40.00 $40.00 $40.00 $4.00 $60.00 $336.00 $120.00
$50,000 $3,250.00 $300.00 $50.00 $50.00 $50.00 $5.00 $75.00 $420.00 $150.00 ;
$100,000 $6,500.00 $600.00 $100.00 $100.00 $100.00 $10.00 $150.00 $840.00 $300.00
$1,000,000 $65,000.00 $6,000.00 $1,000.00 $1,000.00 $1,000.00 $100.00 $1,500.00 $8,400.00 $3,000.00
$10,000,000 $650,000.00 $60,000.00 $10,000.00 $10,000.00 $10,000.00 $1,000.00 $15,000.00 $84,000.00 $30,000.00
$40,0100,000
$2,600,000.00 $240,000.00 $40,000.00 $40,000.00 $40,000.00 1 $4,000.001 $60,000.00 1 $336,000.00 $120,000.00 p
$800000,000 $5,200,000.00 $480,000.00 $80,000.00 $80,000.00 $80,000.00 $8,000.00 $120,000.00 $672,000.00 $240,000.00 N
$100,000,000 $6,500,000.00 $600,000.00 $100,000.00 $100,000.00 $100,000.00 $10,000.00 $150,000.00 $840,000.00 $300,000.00
Sales Tax Generation Taxable Retail Sales in the City:
2015 :0
,436,194.792014 $327,485,166.96
•
2017 REVENUE FORECAST 2013 2014 2015 2016 2017 Variance
General Fund Actual Actual Actual Amend#1 Forecast from
a
Collected $ '16 Amd.#1
c
Taxes $12,378,635 $12,610,550 $12,875,069 $12,691,600 $12,770,600 $79,000
Licenses& Permits 376,553 412,639 637,714 555,800 $526,400 ($29,400) i
Intergovernmental Revenue 707,613 632,765 635,617 559,600 $579,200 $19,600 v
Charges for Goods&Services 5,188,726 5,346,678 5,436,231 5,670,800 $5,792,600 $121,800 w
Fines& Penalties 227,937 207,870 205,173 10,000 $10,000 $0 0
Miscellaneous Revenue 144,020 190,195 179,054 166,800 $167,600 $800
Proprietary Income 0 0 0 0 $0 $0 0
Non-Revenues 0 0 0 0 $0 $0 N
Other Financing Sources 233,459 535,128 122,000 247,500 $247,500 $0
TOTAL Revenue $19,256,941 $19,935,824 $20,090,859 $19,902,100 $20,093,900 $191,800 N
General Fund Revenue
1
2017 REVENUE FORECAST-Tax 2013 2014 2015 2016 2017 Variance
General Fund Actual Actual Actual Amend #1 Forecast from rn
'16 Amd. #1 K
Property Tax $4,193,648 $4,267,485 $4,346,461 $4,410,200 $4,498,400 $88,200 a
Sales Tax Combined 2,872,277 2,887,072 3,382,374 2,932,500 2,993,000 $60,500
City of PA Regular 2,763,573 2,769,404 3,249,168 2,807,100 2,863,200 $56,100 y
a
EUGA Shared w/County 108,704 117,668 133,206 125,400 129,800 $4,400 U
Utility Tax Combined 2,217,405 2,144,199 2,218,998 4,262,800 4,428,200 $165,400
Electric Utility Tax 1,168,075 1,000,349 1,008,479 1,952,900 1,941,200 ($11,700) w
Water Utility Tax 259,906 282,936 282,441 601,900 629,000 $27,100 N
Wastewater Utility Tax 375,073 385,186 407,777 808,700 865,000 $56,300 3
Solid Waste Utility Tax--Collections 114,950 137,084 118,328 238,500 250,400 $11,900 4)
N
Solid Waste Utility Tax--Transfer Sta. 230,858 269,838 320,113 521,000 583,000 $62,000 N
Stormwater Utility Tax 68,543 68,805 81,860 139,800 159,600 $19,800
Telephone Tax 232,967 128,547 108,003 609,000 365,400 ($243,600)
Leasehold Excise Tax 1 80,605 1 68,447 76,892 1 146,500 1 148,000 1 $1,500
N
All Other Taxes 36,147 29,186 161,163 330,600 337,600 $7,000
TOTAL Revenue $9,633,049 $9,524,936 $10,293,891 $12,691,600 $12,770,600 $79,000
LONG-TERM REVENUE 2016 2017 2018 2019 2020 2021 41
FORECAST-- preliminary Amend.#1 Forecast Forecast Forecast Forecast Forecasat C
General Fund a
Property Tax $4,410,200 $4,498,400 $4,588,800 $4,682,900 $4,777,400 $4,974,500
Sales Tax Combined 2,932,500 2,993,000 3,111,900 3,174,600 3,238,800 $3,302,400
O
City of PA Regular 2,807,100 2,863,200 2,977,700 3,035,000 3,093,400 $3,153,000
EUGAShared w/County 125,400 129,800 134,200 139,600 145,400 $149,400
N
Utility Tax Combined 4,262,800 4,428,200 4,513,200 4,596,700 4,687,600 $4,780,800 a
Electric Utility Tax 1,952,900 1,941,200 1,951,000 1,960,800 1,980,200 $1,999,700 V
N
Water Utility Tax 601,900 629,000 644,000 660,100 675,800 $691,900 0
Wastewater Utility Tax 808,700 865,000 889,300 916,000 942,000 $968,700 LL.
Solid Waste UtilityTax--Collections238,500 250,400 259,900 267,700 275,200 $283,000
Solid Waste Utility Tax--Transfer Sta. 521,000 583,000 603,800 621,900 639,400 $657,500
Storm water Utility Tax 139,800 159,600 165,200 170,200 175,000 $180,000
Telephone Tax 609,000 1 365,400 304,500 289,300 289,300 $289,300 N
Leasehold Excise Tax 146,500 148,000 149,500 151,000 152,500 $154,000
All Other Revenue 7,541,100 7,660,900 7,570,200 7,583,200 7,593,000 $7,502,000
TOTAL Revenue $19,902,100 $20,093,900 $20,238,100 $20,477,700 $20,738,600 $21,003,000 C4
$700,000 $700,000
x
$599,654 a
$600,000 $565,UUU $600,000
$538,456
$520,000 C
$500,000 $500,000 •�
O
J
$400,000 $400,000 1
N
a
$300,000 $300,000 V
N
O
$200,000 $200,000 N
C
$100,000 $100,000 >
N
2014 2015 2016 2017
N
■Budget Actual
$700,000
LU
W
W
$600,000 ' 99
08
$500,000 ~
W
W
$400,000
U)
N
$300,000 325,933 "' a
U
i
O
$200,000
173,000 N
$100,000 149,030 151,000 a
C
N
$0
2014 Actual 2015 Actual 2016 Budget Amend.#1 _1017 Budget I�
REET I ■REET II N
40,000,000
36,003,465 —
35,000,000
31,067,972 32,281,450 32,364,850
30,000,000
.. U
25,000,000 N
20,000,000 uu
Q 15,000,000
N
0 10,000,000 aU
5,000,000
O
U-
2014 2015 2016 2017 N
Actual Actual Budget Budget C
■Other 415,481 366,678 241,250 246,250 >
■Service 364,910 383,817 378,600 368,700 N
■Judgements&Settlements 1,032,390 1,225,173 1,003,000 995,000
■Industrial Transmission 15,095,708 9,379,464 8,530,000 8,813,400 p
■Electric Rates 19,094,976 19,712,841 22,128,600 21,941,500 N
7,000,000 .
6,000,000 5;421819 5,981,604 6057230
i
5,000,000
a
4,000,000 ?�
Q
3,000,000 y
0 a
0 2,000,000 U
N
1,000,000 O
41
2014 2015 2016 2017 �
Actual Actual Budget Budget >
■Other 248,254 187,122 135,500 150,000 N
■Service 122,678 155,152 96,000 100,000
■Irrigation Rate Revenue 159,730 163,873 183,730 220,400
■Water Rate Revenue 5,091,157 5,475,457 5,642,000 5,854,100 C
N
10,000,000
9.223.100
9,000,000 8,668,300
8,000,000 — a
3
7,000,0006,237,738 — N
6,000,000 1541131 y
a
a 5,000,000
O 4,000,000
N
0 3,000,000 a
2,000,000 V
MEN N
1,000,000 p
2014 2015 2016 2017 N
Actual Actual Budget Budget C
■Other 240,850 223,920 163,000 166,000 >
■Service 424,624 420,015 361,500 346,500 N
■Combined Sewer Overflow - - 2,140,000 2,238,000
■Metered Sewer 4,877,658 5,596,003 6,003,800 6,472,600 C
N
12,000,000
10,694,393
10,000,000 9,918,566 1,0.334.800
N
8,000,000 a
6,000,000
4,000,000 h
I
0 2,000,000 y
a
dl U
2014 2015 2016 2017 N
O
Actual Actual Budget Budget U-
■Other 167,467 230,108 72,600 100,600 N
■Service 3,627 2,972 3,000 3,000
■Recycling 335,397 264,786 339,700 279,400 >
■Land Fill 783,573 918,852 644,600 998,900 N
■Refuse 5,376,633 5,845,830 5,741,200 6,222,700 I�
■Collections 3,251,868 3,431,846 3,533,700 3,625,000 p
N
N
0
V
4,500,000 N
4,000,0003,938,400 0
3,541,366 3,741,402 V
3,500,000 N
N
3,000,000
N
2,500,000
'a
a 2,000,000
0
0 1,500,000 rn
1,000,000 4n
C
500,000 U
N
2014 2015 2016 2017 Ui
Actual Actual Budget Budget N
■Other 1 34,500 49,211 26,000 41,000
N
■Service 3,627 2,972 3,000 3,000 N
■Recycling 251,370 257,373 259,700 269,400 oe
■Collections 3,251,868 3,431,846 3,533,700 3,625,000
O
04
a
0
8,000,000 v
6,952,991 7,291,200 N
7,000,000 6,377,2006,512,400
6,000,000 'U)
N
C
5,000,000 - a
4,000,000 — ~
a i
3,000,000 — v
0
2,000,000 — V
N
1,000,000 0
N
2014 2015 2016 2017
C
Actual Actual Budget Budget >
■Other 132,967 180,897 46,600 59,600 N
■Recycle 84,027 7,413 80,000 10,000
■Land Fill 783,573 918,852 644,600 998,900
■Refuse 5,376,633 5,845,830 5,741,200 6,222,700 N
Solid Waste Utility Revenue - Transfer Station
40
2,500,000
N
2,000,000 2,005,100 a
,.752.800 3
1,516,606 1,508,770 E
i
h 1,500,000 0
N
1,000,000 y
a
U
500,000 Q�
O
2014 2015 2016 2017 N
Actual Actual Budget Budget
N
■Other 41,307 12,575 7,000 10,000 N
■Service 1,145 5,760 1,000 1,000
■StormwaterFees 1,474,154 1,490,436 1,744,800 1,994,100
O
N
3,000,000
2,500,000 2,475,000 _
U
2,066,410
2,000,000 �— �
1,500,000 1
a y
o l,000,000
o U U
0
500,000
N
_ C
2014 2015 2016 2017 >
Actual Actual Budget Budget N
■Other 16,301 218,671 2,900 2,750 W
■General Fund Transfer 448,000 448,000 448,000 1,087,400
■Service 48,296 48,127 13,500 14,850 C
N
■Medic 1 Ambulance Services 536,824 625,584 605,000 645,000
■Medic 1 Fees 673,080 726,028 704,000 725,000
Medic I Revenue
Increased General Fund Transfers reflect a change in labor cost assignments between the Fire Department
• • Medic 1 ($639,400).
There is • corresponding increase in Medic •sts (net to Medic 1 $0). 42
General fund expenses will reflect an increase in transfers and a corresponding decrease in Fire
Department expenses (n- • General Fund '.1
x
M
• 4 T e p
r
p
r
Nt
Nor
ii mm'"ll
k .
2017 BUDGET DEVELOPMENT
43
N
C
The City's Budget has continued to shift toward more
Council driven directives
m
• The unassigned fund balance has increased from 10% to 25%
c
m
• Personnel has been reduced 11.86 FTE's since 2011, through program elimination E
and re-organization o
m
• City Staff has worked to tie together the City's Budget, the Capital Facilities Plan, o
the Comprehensive Plan, Performance Measures, Priority Setting, the Long-Range
Financial Plan and Council Strategic Planning to increase accountability.
m
0
N
How has Budget • • •
Per Council's >
request an Capital
updated version
Facilities
of the
Plan Council
Comprehensive
Strategic
Plan will be Budget Planning
returned January
17, 2017.
—Z-/ >
Long-
Comprehensive
ancial
Measures Plan
Plan
R
t
N
i
City staff is already using Council guidance to the develop o
the 2017 Budget:
• Council adopted Long-range financial policies
• 25% target for Unassigned Fund Balance
• 1% Property Tax E
OL
0
• Established Council directed Priority Settings continue to be implemented
• Helps determine the budget for services and programs o
• Established priorities help set fees and rates
• Provides a link with citizens expectations
m
• Council factored into rates a moderate level of Capital reinvestment.
0
N
• is Driving Budget?
N
i
Re-organization of the Cost of Service Analysis to the Finance >
•i
Department:
• Provides a direct link to the budget and utility rates m
• Provides additional accountability
E
• Council-approved utility rates for a 2-year period - 2016 + 2017. o
• Cost of Service Analysis (COSA) for Medic 1 utility in 2016 >
• Cost of Service Analysis (COSA) in 2017 for electric & solid waste utilities p
• Cost of Service analysis (COSA) in 2018 for water, wastewater & stormwater utilities
• The ability of Citizens to pay is heavily factored into rates and the budget.
• Affordability Index conducted
• Moderate level of Capital reinvestment c
N
• is Driving Budget?
N
C
0
Considerations must be taken into account for the future: a
• Economic Development: o
• Growing retail & small business development can strengthen downtown and enhance U
visitor experience
• Lack of large-scale retail development will significantly limit growth in retail sales tax a
collection 0
• Lack of large scale commercial utility customers 0-
0
• Places more pressure on residential utility rates.
0
0
• Public Safety Options:
• Public Safety accounts for nearly 350 of the General Fund expenditures
• Public Safety charge for tax exempt properties prospect. m
• Public Safety sales tax
0
N
Emerging • • — • •
According to best available data
and analysis,there are currently
736 parcels within city limits
currently not being taxed,for a
f( -1 M1Mak88 �
g
total area of 1997.16 acres,or 3.12
'- e� ��• `� square miles. Port Angeles has a
total developable land area of
5280 acres,or 8.25 square miles.
'� °' y �'s.t,,� �►/ Based on these land area
• �•~ nS,A measurements, 37.8 percent of
U �S
the total developable land within
the Port Angeles city limits is not
j currently contributing to property
,. N tax revenues.
a a
AI= ae
—Jr 1 \ 1�
0 0.25 0.5 1 1.5
Miles -�
1
Legend -- Total Developable Land Area: 5280.00 Acres
_ Untaxed Property Total Untaxed Developable Land Area: 1997.16 Acres
Major Arterials Percentage Untaxed Developable Land Area: 37.81%
Shoreline Total Untaxed Developable Land
Local Creeks
Within the City of Port Angeles
City boundary NORTH
N
C
0
Considerations must be taken into account for the future a
(cont'd):
0
U
• Maintaining our infrastructure:
• Parks and Buildings
• Streets and Roads O
a
• Transportation Benefit District for street repair. -0
• General Fund will struggle to maintain current level of support
• Sales tax based plan (similar to Sequim) can benefit from visitor/tourism p
spending -requires voter-approval
• License tab plan can be implemented by City Council at $20 per car tab
per year without the need for voter approval-can be increased to $40 m
per year after 2-year period
0
N
New Emerging • • - • •
N
Statutory Limitations: Potential Uses in 2017: g
REET-1: a
Civic Field y
Solely on capital projects listed in CFP
Includes streets,sidewalks,parks,recreational Grant match �
facilities,trails,water/sewer/stormwater systems O
per RCW 82.46.035 Capital renovation & reinvestment U
REET-2: Park reinvestment
Similar to REET-1 but land acquisition for parks Street reinvestment N
not specifically listed E
Sidewalk reinvestment 0-
0
Maintenance Uses: Signage >
As of 01/01/2017 new requirements: City Hall,Senior Center*, Fire Station*capital
May be used to "...preserve,prevent decline of repair&renovation
or extend the useful life of a capital asset—does
not include labor or material cost for routine
operations of a capital project.'' RCW 82.46.015 j
(5) *Newest buildings are now approximately 25 years old. m
Maximum amount that may be spent is the
greater of$100,000 or 25%of available funds up p
to$1,000,000 C4
New • Emerging
N
C
°
U)
N
C
E
Q
Questions Feedback °
°
0
m
0
C4
Council Questions - - . . .
LATE AUGUST
City Manager, Department Heads&Chief Financial Officer Review
EARLY SEPTEMBER
N
City Manger Review and Finalization V
N
OCTOBER 21ST
Preliminary 2017 Budget Document to Council
E
0
OCTOBER
Budget Presentation to Council
N
NOVEMBER
Tentative Budget Workshop
�1
NOVEMBER
First Public Hearing &first reading 2017 Budget OrdinanceDECEMBER 6TH O0
0
N
Second Public Hearing&Adopt 2017 Budget