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HomeMy WebLinkAbout10222024 CC Agenda Work SessionOctober 22, 2024 Port Angeles City Council Meeting Page 1 OCTOBER 22, 2024 Special Meeting City of Port Angeles Council Special Meeting Agenda This meeting will be conducted as a hybrid meeting. In hybrid meetings, members of the public, Council members, and City sta ff have the option to attend the meeting in person, in Council chambers at City Hall located at 321 East 5 th Street, Port Angeles, or remotely via telephone or video link. The Mayor may determine the order of business for a particular City Council meeting. The agenda should be arranged to best serve the needs and/or convenience of the Council and the public. The Mayor will determine time of break. Hearing devices are available for those needing assistance. The items of business for regular Council meetings may include the following: For audio only please call: 1-844-992-4726 Webinar number: 2551 445 2579 Webinar password: nuTGKwpr455 (68845977 when dialing from a phone or video system) Webex link: https://cityofpa.webex.com/cityofpa/j.php?MTID=mf21d53e2fd45628a94e38e2f56542724 These access codes are good for the October 22, 2024 meeting only. I. Call to Order – Special Meeting at 5:00 p.m. II. Budget Work Session • 2025 Budget Presentation by City Manager Nathan West and Finance Director Sarina Carrizosa • City Council Discussion • The Preliminary Budget can be found on the City’s website at: https://cityofpa.us/DocumentCenter/View/15619/2025-Preliminary-Budget-PDF III. Adjournment – 7:00 p.m. The City Council encourages citizen participation. An opportunity for public comment will be available during regular meeting s. Upcoming meeting information can be found on the City website: www.cityofpa.us/583/Meetings-Agendas. Community members may also contact City Council by email at council@cityofpa.us, or written letter mailed to 321 East 5th Street, Port Angeles, WA 98362 or by dropping it by City Hall. Learn more by visiting: www.cityofpa.us/137/City-Council Port Angeles City Hall is accessible for persons with disabilities. Requests for special accommodations can be made by contac ting the City Clerk’s Office. Closed captioning can also be made available. Please contact City Clerk Kari Martinez -Bailey by phone at 360- 417-4634, or by email at cityclerk@cityofpa.us, to request accommodations or receive instructions for closed captioning. 2025 BUDGET Work Session | October 22, 2024 MEETING OBJECTIVES 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 2 Balancing the Budget Budget Process 2025 Preliminary Operating Budget 2025 Budget Schedule Council Discussion BALANCING THE 2025 BUDGET 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 3 The 2025 Budget was balanced through the collective and innovative efforts of City Council, City Staff and the Port Angeles Community. A conservative, realistic and conscientious approach was observed to ensure sustainability and fiscal stewardship. BALANCING THE 2025 BUDGET 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 4 This portion of the Budget process is Council’s opportunity to engage with discussion and questions regarding the proposed budget. It is the best opportunity to discuss potential changes as a group to determine if the they should be considered as an action item during the adoption of the budget. If the changes recommended by Council include increasing funding for a specific program or the addition of services, suggestions for corresponding budget reductions or revenue collections should also be considered. BALANCING THE 2025 BUDGET 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 5 The 2025 Citywide Budget is balanced without reducing the core services expected by City residents. Use of reserves in any fund are the result of one-time projects and items. Citywide Total Budget $149,391,000. More than $24.7 million in capital funding. Overall, a 20.7% decrease compared to 2024. BALANCING THE 2025 GENERAL FUND BUDGET 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 6 REVENUE $27,079,700 Use of reserves in the amount of $287,000, is planned for one-time capital and one-time large specialized projects only. The use of reserves held for specific purposes is also planned in the 2025 Budget. EXPENDITURES $27,079,700 The 2025 General Fund Balance will be 25.0%. STRATEGIC PLANNING & THE BUDGET 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 7 Community Resilience Citywide Resource Optimization Housing Infrastructure Development, Maintenance & Connectivity 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 8 Increased budget for Public Safety including radio replacements and infrastructure and backfilling positions for planned retirements Law enforcement response to proactively address opioid use and opioid use disorder in cooperation with paramedicine, rediscovery and other area partners Completing phases of the ERP system COMMUNITY RESILIENCE 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 9 Increased grant funding for personnel costs of $680,000 as well as pass through funding for community partners. Providing additional capacity: Capital Projects Inspector Utility Worker II Part-time Information Support Specialist Temporary positions in HR and Community Development CITYWIDE RESOURCE OPTIMIZATION 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 10 Retaining and recruiting Staffing resources Citywide. Cost of Living Assessments (COLA) that range between 2.0% to 5.5% and in some instances salary adjustments to align with comparable cities over a three-year period. CITYWIDE RESOURCE OPTIMIZATION 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 11 Continued support for the Housing Administrator position Maintaining Affordable Housing Fee waiver for permits Initiate the design of the Housing Pipeline project HOUSING 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 12 $24.7M in projects planned in 2025 Enhance the community and provide safer walking routes and connectivity INFRASTRUCTURE DEVLELOPMENT, MAINTENANCE & CONNECTIVITY 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 13 Capital Facilities Plan & Transportation Improvement Plan prepared and Adopted. Council budgetary direction is received through Strategic Planning, Long-range planning, policy updates, budget work sessions and/or retreats. OCT. – DEC. AUG – SEPT. JUNE- JULY JAN. - JUNE THE BUDGET PROCESS Departments enter revenue and expenditure budgets. Personnel worksheets reviewed by Department Directors. Council Strategic Planning Retreat Departmental Requests delivered to City Manager for review. City Manager meets with Dept. Directors to review requests. Preliminary Budget is updated based on meetings and City Manager input. Recommended Preliminary Budget complete and posted. Workshops and Public Hearings are held on the Preliminary Budget, Revenue Sources and Property Tax. Final Budget is adopted. Planned for December 3rd. ALL CITY FUNDS 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 14 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 15 ALL CITY REVENUE $$% Taxes $18,907,074 $18,844,104 $20,166,622 $19,397,700 $20,281,100 883,400 4.55% Licenses & Permits 609,047 651,530 585,057 1,254,300 1,163,900 (90,400)-7.21% Intergovt. Revenue 7,707,719 7,456,902 12,591,033 23,369,000 15,161,300 (8,207,700)-35.12% Charges for Goods & Svcs.71,950,423 73,355,711 75,610,703 82,107,800 80,522,900 (1,584,900)-1.93% Fines & Penalties 695 596 1,435 1,500 1,500 - 0.00% Miscellaneous Revenue 5,522,115 (38,793)13,228,382 11,432,700 12,406,600 973,900 8.52% Capital Contributions 108,967 111,806 248,169 150,000 231,300 81,300 54.20% Non-Revenues - 2,000,000 400,000 1,535,400 791,600 (743,800)-48.44% Other Financing Sources 12,735,488 7,278,582 11,521,747 18,099,000 7,132,500 (10,966,500)-60.59% Reserves Used - - - 30,993,300 11,698,300 (19,295,000)-62.26% TOTAL REVENUE $117,541,528 $109,660,438 $134,353,148 $188,340,700 $149,391,000 (38,949,700)-20.68% Change from Prior Yr. $$$5,375,576 ($7,881,090)$24,692,710 $53,987,552 Change from Prior Year %4.79%-6.70%22.52%40.18% 2025 PROPOSED BUDGET VARIANCE FROM 2024 BUDGET AMEND. #22021 ACTUAL REVENUE 2024 BUDGET AMEND. #2 2022 ACTUAL 2023 ACTUAL 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 16 ALL CITY REVENUE Taxes 10.68% Licenses & Permits 0.67% Intergovt. Revenue 6.74% Charges for Goods & Svcs. 45.45% Fines & Penalties 0.00% Miscellaneous Revenue 7.10% Capital Contributions 0.15%Non- Revenues 0.90% Other Financing Sources 4.77% Reserves Used 19.35% CITYWIDE REVENUES BY CATEGORY (TOTAL $149,391,000) 25.61%22.65%25.67%1.42%2.13%6.93%2.78%4.23%3.05%5.55%Other UtilityPhoneTBDHousingLodgingREET I &II Criminal Just TAXESPropertySales 27.67%10.72%13.91%21.72%4.02%4.08%1.45%11.80%0.45%2.42%0.67%1.10%Other Internal ChargesParks & RecreationEquipment Replacements ElectricWaterWastewaterSolid WasteStormwater CHARGES Conservation Medic OneLicenses & Permits 13.70%1.72%Judgements/Settlements 9.98%69.83%4.77% Interest EarnedRentals/Leases OtherInsurance Transfers MISCELLANEOUS 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 17 ALL CITY EXPENDITURES $$% Salaries and Wages $21,069,698 $24,359,884 $32,033,353 $29,213,900 $30,080,500 866,600 2.97% Personnel Benefits 7,750,393 8,079,087 9,487,617 10,704,100 11,288,200 584,100 5.46% Supplies 18,586,655 18,669,858 16,468,877 21,245,200 15,295,800 (5,949,400)-28.00% Other Services & Charges 38,403,813 42,174,735 44,125,258 52,084,300 52,885,900 801,600 1.54% Intergovmt/Interfund Svcs 12,793,257 8,528,681 13,433,101 18,974,300 8,708,400 (10,265,900)-54.10% Capital Outlay 8,052,013 8,890,649 15,213,147 49,589,400 24,720,000 (24,869,400)-50.15% Debt Service: Principal 5,144,091 6,669,747 4,579,074 3,320,400 3,028,600 (291,800)-8.79% Debt Service: Interest 1,958,336 1,635,105 1,497,911 1,375,400 1,320,600 (54,800)-3.98% Interfund Pmts. for Services 314,682 348,395 407,894 299,300 357,300 58,000 19.38% Designated for Reserves - - - 1,534,400 1,705,700 171,300 11.16% TOTAL EXPENDITURES $114,072,938 $119,356,141 $137,246,232 $188,340,700 $149,391,000 (38,949,700)-20.68% Change from Prior Yr. $$$1,906,986 $5,283,203 $17,890,091 $51,094,468 Change from Prior Year %1.70%4.63%14.99%37.23% 2025 PROPOSED BUDGET VARIANCE FROM 2024 BUDGET AMEND. #2 EXPENDITURES 2024 BUDGET AMEND. #2 2021 ACTUAL 2022 ACTUAL 2023 ACTUAL 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 18 ALL CITY EXPENDITURES Salaries and Wages 16.80% Personnel Benefits 5.86% Supplies 11.70% Other Services & Charges 27.97% Intergovmt/I nterfund Svcs 9.82% Capital Outlay 23.79%Debt Service: Principal 1.77% Debt Service: Interest 0.68% Interfund Pmts. for Services 0.09% Designated for Reserves 1.50% CITYWIDE EXPENDITURES BY CATEGORY (TOTAL $149,391,000) Professional Services 11.68%Medical & Benefit Premiums 10.75%Taxes 18.89%Allocations 11.79%Repairs & Maintenance 4.22%Equipment Services 7.00%IT Allocations 4.64%Other 15.10%Liability Insurance 8.88%Utilities 3.21%Communication 1.11%Travel & Training 1.05%Conservation Incentives 0.69%PenCom User Fees 0.97% OTHER SERVICES AND CHARGES Capital 61.95%Street/Medic 1/Code Enforcement Transfers 19.14%Contract for Jail Services 12.94%Debt 2.68%Other 3.30% INTERFUND SERVICES 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 19 ALL CITY FUND BALANCES 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0% 140.0% % of 2025 Expenditures Fund Balance Target % GENERAL FUND 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 20 The main operating fund of the City 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 21 GENERAL FUND REVENUE $$% Taxes 15,179,927$ 15,023,317$ 16,274,551$ 15,953,800$ 16,365,900$ 412,100 2.58% Licenses & Permits 486,789 509,223 474,339 1,041,100 950,700 (90,400) -8.68% Intergovt. Revenue 1,932,181 2,155,272 2,527,702 4,013,400 1,461,900 (2,551,500) -63.57% Charges for Goods & Svcs.4,817,582 4,927,960 5,737,412 6,517,300 7,188,300 671,000 10.30% Fines & Penalties 695 596 1,435 1,500 1,500 - 0.00% Miscellaneous Revenue 67,490 (578,670) 696,753 230,400 637,300 406,900 176.61% Prop./Trust Income - - - - - - N/A Non-Revenues - - - - - - N/A Other Financing Sources 63,566 121,889 88,000 160,700 187,100 26,400 16.43% TOTAL REVENUE 22,548,230$ 22,159,587$ 25,800,192$ 27,918,200$ $26,792,700 (1,125,500) -4.03% Change from Prior Yr. $$737,981$ (388,643)$ 3,640,605$ 2,118,008$ Change from Prior Year %3.38%-1.72%16.43%8.21% 2023 ACTUAL 2021 ACTUAL REVENUE 2024 BUDGET AMEND. #2 2025 PROPOSED BUDGET VARIANCE FROM 2024 BUDGET AMEND. #22022 ACTUAL Taxes, 61.08% Licenses & Permits, 3.55% Intergovt. Revenue, 5.46% Charges for Goods & Svcs., 26.82% Fines & Penalties, 0.01% Miscellaneous Revenue, 2.38% Other Financing Sources, 0.70% 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 22 GENERAL FUND REVENUE Allocations 86.77% Activity & Rental Fees 1.12% Planning Fees 4.43% Cemetery Services 3.48% Other 4.20% CHARGES FOR SERVICES Property Tax 32.05% Utility Tax 32.03% Sales Tax 29.96% Other Tax 5.96% TAXES 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 23 GENERAL FUND EXPENDITURES $$% Salaries and Wages 9,616,205$ 10,123,753$ 10,970,041$ 12,150,000$ 13,430,500$ 1,280,500 10.54% Personnel Benefits 3,667,459 3,800,904 4,078,872 4,482,400 4,800,300 317,900 7.09% Supplies 603,268 878,667 914,943 959,000 888,600 (70,400) -7.34% Other Services & Charges 5,318,598 5,284,183 5,815,320 5,943,500 5,005,200 (938,300) -15.79% Intergovmt/Interfund Svcs 3,746,895 2,996,612 3,624,807 4,957,600 2,955,100 (2,002,500) -40.39% Capital Outlay - - - - - - N/A Debt Service: Principal - - 5,909 - - - N/A Debt Service: Interest - 3 93 - - - N/A Interfund Pmts. for Services 49,754 12,991 13,033 - - - N/A TOTAL EXPENDITURES 23,002,179$ 23,097,113$ 25,423,018$ 28,492,500$ $27,079,700 (1,412,800) -4.96% Change from Prior Yr. $$1,640,243$ 94,934$ 2,325,905$ 3,069,482$ Change from Prior Year %7.68%0.41%10.07%12.07% FUND BALANCE $7,738,465 $6,723,372 $7,295,960 $6,807,960 $6,757,960 USE OF ASSIGNED FUNDING $16,300 $16,300 $16,300 $86,300 $237,000 Change from Prior Yr. $$($462,041)($1,015,093)$572,588 ($488,000)($50,000) Change from Prior Year %-5.63%-13.12%8.52%-6.69%-0.73% 2023 ACTUAL 2021 ACTUAL EXPENDITURES 2024 BUDGET AMEND. #2 2025 PROPOSED BUDGET VARIANCE FROM 2024 BUDGET AMEND. #22022 ACTUAL Salaries and Wages 49.60% Personnel Benefits 17.73% Supplies 3.28%Other Services & Charges 18.48% Intergovmt/Int erfund Svcs 10.91% 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 24 GENERAL FUND EXPENDITURES Professional Services 14.92% Equipment Services 21.69% IT Services 13.78% Utilities 10.88% PenCom User Fees 6.60% Communication 6.85% Travel & Training 4.57% Insurance 9.17% Repairs & Maintenance 4.56% Façade Improvements 0.00% Other Services & Charges 6.98% SERVICES & CHARGES Transfers - Street Fund 28.62% Contract for Jail Services 38.14% Transfers - Medic 1 Fund 8.98% Transfers - Capital 14.15% Transfers - Debt Service 1.43% Transfers - Code Enforcement 8.68% INTERGOVERNMENTAL 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 25 CITY COUNCIL Major Revenue Source:Allocations Change in Expenditures from 2024:In 2024,the budget included $12,000 for the refresh of Council laptops that will not occur in 2025. 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 26 CITY COUNCIL Supplies, $12,600 Supplies, $3,400 Travel & Training , $10,000 Travel & Training , $10,000 Professional Services, $4,600 Professional Services, $4,600 $- $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 2024 2025 Supplies Travel & Training Professional Services 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 27 CITY MANAGER’S OFFICE $6 7 0 , 6 0 0 $1 , 4 7 3 , 2 0 0 $5 5 1 , 3 0 0 $1 , 3 8 0 , 3 0 0 $5 9 9 , 7 6 2 $1 , 1 9 9 , 3 4 0 $4 5 7 , 0 0 1 $9 8 0 , 4 3 6 $5 7 1 , 7 4 0 $8 8 0 , 0 3 3 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 Revenues Expenditures CITY MANAGER'S OFFICE 2025 PRELIMINARY BUDGET 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget Major Revenue Source:Allocations Change in Expenditures from 2024:A decrease for one-time professional service fees for the City code update is expected as well as an increase for temporary capacity to implement the LEOFF I disability board and ERP system. 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 28 CITY MANAGER’S OFFICE Overtime, $1,000 Overtime, $1,000 Supplies, $4,000 Supplies, $4,000 Travel & Training, $14,600 Travel & Training, $19,500 Professional Services, $64,700 Professional Services, $67,200 Equipment Services, $400 Equipment Services, $0 Communication Expenses, $14,900 Communication Expenses, $16,300 Software, $16,500 Software, $16,500 $- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 2024 2025 Overtime Supplies Travel & Training Professional Services Equipment Services Communication Expenses Software 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 29 FINANCE DEPARTMENT Major Revenue Source:Tax Revenue Change in Expenditures from 2024:Increased costs are expected for charges from the IT department for all General Fund Services and IT capital costs. $1 7 , 1 5 8 , 3 6 6 $2 , 8 9 9 , 1 1 5 $1 6 , 5 4 4 , 6 4 2 $3 , 1 5 4 , 2 9 2 $1 9 , 2 0 4 , 0 2 8 $3 , 4 2 3 , 5 6 9 $1 8 , 7 8 1 , 1 0 0 $3 , 6 7 0 , 3 0 0 $1 9 , 2 5 1 , 1 0 0 $3 , 9 1 4 , 0 0 0 $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 Revenues Expenditures FINANCE DEPARTMENT 2025 PRELIMINARY BUDGET 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 30 FINANCE DEPARTMENT Overtime, $6,700 Overtime, $6,700 Supplies, $25,200 Supplies, $28,100 Professional Services, $455,200 Professional Services, $456,200 Travel & Training, $23,500 Travel & Training, $19,100 Equipment Services, $26,400 Equipment Services, $11,000 IT Services, $598,500 IT Services, $689,600 Communication Expenses, $31,900 Communication Expenses, $33,300 Software, $2,200 Software, $2,200 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 2024 2025 Overtime Supplies Professional Services Travel & Training Equipment Services IT Services Communication Expenses Software 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 31 LEGAL DEPARTMENT Major Revenue Source:Allocations Change in Expenditures from 2024:3.6%increase to prosecution fees to the County based on the CPI index. $ 1 9 9 , 7 0 0 $ 1 , 7 9 2 , 7 0 0 $ 2 1 3 , 0 0 0 $ 1 , 7 0 9 , 9 0 0 $ 2 2 7 , 0 4 5 $ 1 , 6 0 6 , 9 2 1 $ 1 7 3 , 3 7 8 $ 1 , 5 4 0 , 5 1 3 $ 3 5 5 , 9 0 6 $ 1 , 4 2 6 , 5 8 8 $- $500,000 $1,000,000 $1,500,000 $2,000,000 Revenues Expenditures LEGAL DEPARTMENT 2025 PRELIMINARY BUDGET 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 32 LEGAL DEPARTMENT Supplies, $4,500 Supplies, $4,500 Travel & Training, $8,100 Travel & Training, $8,100 Professional Services, $100 Professional Services, $100 Criminal Justice Transfer, $1,087,900 Criminal Justice Transfer, $1,127,100 Equipment Services, $1,300 Equipment Services, $0 Communica tion Expenses, $2,400 Communication Expenses, $2,800 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 2024 2025 Supplies Travel & Training Professional Services Criminal Justice Transfer Equipment Services Communication Expenses 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 33 COMMUNITY DEVELOPMENT DEPARTMENT Major Revenue Source:Permits and Fees Change in Expenditures from 2024:An increase for temporary capacity to assist with ERP implementation as well as a reduction in expenses for the Comprehensive Plan. $1 , 4 1 4 , 4 0 0 $1 , 5 3 5 , 9 0 0 $1 , 5 9 8 , 9 0 0 $1 , 7 3 5 , 4 0 0 $8 8 2 , 7 2 3 $1 , 1 5 8 , 5 4 2 $6 6 1 , 1 1 2 $8 3 9 , 8 8 7 $7 9 8 , 2 9 1 $1 , 4 8 4 , 8 0 0 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 Revenues Expenditures COMMUNITY & ECONOMIC DEVELOPMENT 2025 PRELIMINARY BUDGET 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 34 COMMUNITY DEVELOPMENT DEPARTMENT Overtime, $1,000 Overtime, $1,000 Supplies, $3,500 Supplies, $4,000 Travel & Training, $15,600 Travel & Training, $15,600 Professional Services, $165,000 Professional Services, $109,800 Façade Improvements, $50,000 Equipment Services, $5,600 Equipment Services, $5,500 Communication Expenses, $4,800 Communication Expenses, $6,900 S o f t w a r e , $ 5 , 0 0 0 Software, $11,800 $- $50,000 $100,000 $150,000 $200,000 $250,000 2024 2025 Overtime Supplies Travel & Training Professional Services Façade Improvements Equipment Services 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 35 POLICE DEPARTMENT Major Revenue Source:Grants,tax revenue,state shared revenues. Change in Expenditures from 2024:Additional temporary costs to backfill positions for planned retirements,including the planned replacement of K9 Bogey.Decreased costs for grants that were previously passed through the City for REdisCOVERY. $ 1 , 3 2 4 , 9 0 0 $ 7 , 7 8 8 , 0 0 0 $ 1 , 3 4 1 , 6 0 0 $7 , 7 4 5 , 0 0 0 $ 1 , 4 9 8 , 5 4 4 $ 7 , 6 3 4 , 1 0 5 $ 1 , 0 0 4 , 1 1 4 $ 6 , 9 2 1 , 3 1 5 $ 1 , 1 4 8 , 3 2 7 $6 , 3 5 7 , 6 2 6 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 Revenues Expenditures POLICE DEPARTMENT 2025 PRELIMINARY BUDGET 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 36 POLICE DEPARTMENT Overtime, $260,400 Overtime, $336,300 Supplies, $130,300 Supplies, $136,300 Travel & Training, $61,700 Travel & Training, $77,500 Professional Services, $391,100 Professional Services, $338,600 Utilities Expense, $7,200 Utilities Expense, $7,200 Equipment , $378,900 Equipment , $225,600 Communication Expenses, $91,100 Communication Expenses, $63,600 PenCom Services, $280,800 PenCom Services, $313,500 Repairs & Maintenance, $26,700 Repairs & Maintenance, $27,800 Fuel, $60,500 Fuel , $60,500 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 2024 2025 Overtime Supplies Travel & Training Professional Services Utilities Expense Equipment Communication Expenses PenCom Services Repairs & Maintenance Fuel 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 37 FIRE DEPARTMENT Major Revenue Source:Allocations and Permit revenue. Change in Expenditures from 2024:Increased charges for the use of the County’s radio network and capital projects.Inclusion of the Fire Prevention Specialist and Administrative Assistant approved in 2024. $3 0 9 , 1 0 0 $2 , 8 6 7 , 4 0 0 $2 3 2 , 9 0 0 $2 , 5 5 6 , 6 0 0 $8 5 , 6 5 0 $2 , 4 7 2 , 4 2 2 $9 9 , 1 9 1 $2 , 3 6 4 , 7 5 3 $7 1 , 7 6 4 $2 , 3 4 4 , 8 9 9 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Revenues Expenditures FIRE DEPARTMENT 2025 PRELIMINARY BUDGET 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 38 FIRE DEPARTMENT Overtime, $70,000 Overtime, $70,000 Supplies, $50,600 Supplies, $58,800 Travel & Training, $37,100 Travel & Training, $37,000 Professional Services, $20,700 Professional Services, $24,300 Equipment Services, $268,500 Equipment Services, $203,700 PenCom Services, $15,500 PenCom Services, $16,900 Repairs & Maintenance, $13,000 Repairs & Maintenance, $13,000 Utilites Expense, $38,600 Utilites Expense, $43,600 C a p i t a l ( i n c l u d i n g t r a n s f e r s ) , $ 6 9 , 2 0 0 Capital (including transfers), $135,700 Fuel, $17,700 Fuel , $22,500 Communication Expenses, $18,100 Communication Expenses, $17,300 $- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 2024 2025 Overtime Supplies Travel & Training Professional Services Equipment Services PenCom Services Repairs & Maintenance Utilites Expense Capital (including transfers)Fuel Communication Expenses 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 39 PUBLIC WORKS & UTILITIES DEPARTMENT Major Revenue Source:Allocations and Permit revenue. Change in Expenditures from 2024:Addition of a Capital Projects Inspector to assist with moving backlogged projects forward.A decrease is also expected in capital transfers as approved in the Capital Facilities Plan. $2 , 5 0 6 , 4 0 0 $3 , 1 5 7 , 6 0 0 $1 , 6 0 3 , 2 0 0 $2 , 8 6 4 , 1 0 0 $1 , 3 4 7 , 0 6 1 $2 , 8 5 4 , 3 3 2 $1 , 2 6 9 , 3 5 6 $2 , 1 7 9 , 9 4 1 $9 4 9 , 1 4 6 $2 , 0 4 1 , 2 8 7 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Revenues Expenditures PUBLIC WORKS & UTILITIES DEPARTMENT 2025 PRELIMINARY BUDGET 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 40 PUBLIC WORKS & UTILITIES DEPARTMENT Overtime, $1,000 Overtime, $1,000 Supplies, $17,200 Supplies, $17,700 Travel & Training, $26,500 Travel & Training, $34,000 Professional Services, $65,300 Professional Services, $60,300 S o f t w a r e , $ 6 2 , 5 0 0 S o f t w a r e , $ 6 2 , 5 0 0 Transfer to Street Department, $906,900 Transfer to Street Department, $845,800 Equipment Services, $23,600 Equipment Services, $21,300 Communication Expenses, $18,600 Communication Expenses, $24,600 Capital , $30,000 Capital , $130,000 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 2024 2025 Overtime Supplies Travel & Training Professional Services Software Transfer to Street Department Equipment Services Communication Expenses Capital 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 41 PARKS & RECREATION DEPARTMENT Major Revenue Source:Rental revenue and allocations. Change in Expenditures from 2024:Increases for vehicle replacements and decreased capital spending in alignment with the Capital Facilities Plan. $9 9 7 , 2 0 0 $3 , 8 5 4 , 9 0 0 $8 4 7 , 8 0 0 $3 , 7 6 7 , 5 0 0 $7 6 7 , 4 8 7 $3 , 8 9 5 , 1 4 7 $7 3 1 , 0 5 9 $3 , 6 1 6 , 8 1 5 $6 4 9 , 8 0 8 $3 , 3 4 3 , 8 3 4 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 Revenues Expenditures PARKS & RECREATION DEPARTMENT 2025 PRELIMINARY BUDGET 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 42 PARKS & RECREATION DEPARTMENT Overtime, $29,900 Overtime, $28,900 Supplies, $226,500 Supplies, $242,700 Travel & Training, $8,000 Travel & Training, $8,000 Equipment, $269,100 Equipment, $227,000 Utilities Expense, $372,200 Utilities Expense, $397,500 Repairs & Maintenance, $88,000 Repairs & Maintenance, $88,000 Transfers to Capital , $106,000 Transfers to Capital , $63,000 Fuel, $39,800 Fuel, $39,800 Comm. Expenses, $23,300 Comm. Expenses, $23,200 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 2024 2025 Overtime Supplies Travel & Training Equipment Prof. Services Utilities Expense Repairs & Maintenance Transfers to Capital Fuel Comm. Expenses 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 43 NON-DEPARTMENTAL Change in Expenditures from 2024:Reduction for the transfer of $1.8M for the HVAC projects.Increases for liability insurance, utilities and stormwater fees. $8 0 2 , 0 4 6 $2 , 1 6 6 , 5 1 0 $1 , 1 9 9 , 5 2 7 $1 , 4 3 9 , 1 1 5 $1 , 1 4 8 , 7 6 3 $1 , 1 1 0 , 9 5 5 $2 , 6 7 9 , 1 0 0 $2 , 9 4 5 , 6 0 0 $- $5 9 7 , 5 0 0 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Revenues Expenditures NON -DEPARTMENTAL 2025 PRELIMINARY BUDGET 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget SPECIAL REVENUE FUNDS 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 44 Account for and report the proceeds of specific resources that are committed for specific purposes other than debt service or capital projects. 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 45 LODGING TAX Major Revenue Source:Tax Revenue Change in Expenditures from 2024:20%-capital expenditures; 5%-committee priorities;25%-marketing;33%for operations of city owned tourism related facilities;12%-events and 5%remaining in reserves for capital items. $ 1 , 0 5 6 , 8 0 7 $ 1 , 0 8 4 , 7 1 9 $ 1 , 3 9 4 , 2 4 9 $ 8 7 6 , 2 0 0 $ 1 , 0 6 0 , 5 0 0 $ 5 2 8 , 2 3 3 $ 6 0 1 , 4 0 8 $ 6 9 6 , 1 8 3 $ 1 , 6 9 2 , 0 0 0 $ 1 , 0 0 7 , 5 0 0 $- $500,000 $1,000,000 $1,500,000 $2,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget LODGING TAX 2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 46 LODGING TAX Event Grants, $105,200 Event Grants, $127,300 Tourism & Marketing , $244,100 Tourism & Marketing, $265,100 Capital, $962,200 Capital, $212,100 Administrative Services & Operations, $317,300 Administrative Services & Operations, $350,000 Debt Service , $19,400 Debt Service , $0 Capital Reserve, $0 Capital Reserve, $53,000 Committee Priorities, $43,800 Committee Priorities, $53,000 $- $500,000 $1,000,000 $1,500,000 2024 2025 Event Grants Tourism & Marketing Capital Administrative Services & Operations Debt Service Capital Reserve Committee Priorities 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 47 STREET DEPARTMENT Major Revenue Source:Taxes,transfers and State shared revenue Change in Expenditures from 2024:Increased costs for equipment replacements and decreased one-time amounts for the salt shed project that occurred in 2024. $1 , 7 2 0 , 7 9 9 $1 , 6 2 5 , 2 4 9 $ 1 , 8 6 7 , 3 8 3 $2 , 1 6 8 , 7 0 0 $ 2 , 1 4 5 , 3 0 0 $1 , 6 5 6 , 3 8 5 $1 , 7 3 6 , 2 1 3 $ 1 , 8 9 5 , 1 6 0 $ 2 , 2 7 8 , 9 0 0 $2 , 2 0 6 , 6 0 0 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget STREET FUND 2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 48 STREET DEPARTMENT Overtime, 13,800 Overtime, 13,800 Su p p l i e s , 66 , 0 0 0 Su p p l i e s , 66 , 0 0 0 Building & Maintenance Supplies, 190,400 Building & Maintenance Supplies, 100,200 Traffic Supplies, 121,600 Traffic Supplies, 89,500 Fuel, 39,600 Fuel, 39,600 Prof. Services, 65,500 Prof. Services, 66,500 Travel & Training, 16,400 Travel & Training, 18,800 Utilites Expense, 98,900 Utilites Expense, 105,100 Street Lighting, 102,000 Street Lighting, 103,600 Repairs & Maintenance, 119,900 Repairs & Maintenance, 119,900 - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 2024 2025 Overtime Supplies Building & Maintenance Supplies Traffic Supplies Fuel Prof. Services Travel & Training Utilites Expense Street Lighting Repairs & Maintenance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 49 REET I Major Revenue Source:Tax Revenue Change in Expenditures from 2024:Capital spending for the Restroom Replacement Program. $ 5 5 5 , 7 1 7 $ 3 8 9 , 0 2 5 $ 4 1 4 , 9 4 5 $ 3 1 3 , 2 0 0 $ 3 3 7 , 3 0 0 $ 6 1 7 , 8 0 0 $ 3 5 5 , 2 0 0 $ 9 0 0 , 6 0 0 $ 7 4 2 , 8 0 0 $ 1 5 0 , 0 0 0 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget REAL ESTATE EXCISE TAX 1 -2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance 20 2 5 P r e l i m i n a r y B u d g e t REET II Major Revenue Source:Tax Revenue Change in Expenditures from 2024:Capital spending for Stevens Middle School Walking routes,Waterfront Trail Repairs,Valley Creek Culvert Crossing,Hamilton Middle School Walking routes, Speed Feedback Signs &Green Alley. $ 5 5 5 , 6 2 5 $ 4 0 1 , 7 9 6 $ 3 9 7 , 0 7 6 $ 3 1 3 , 8 0 0 $ 3 2 9 , 5 0 0 $ 9 2 0 , 4 2 2 $ 5 1 2 , 0 0 0 $ 1 , 0 7 6 , 3 0 0 $ 1 8 0 , 0 0 0 $ 4 4 4 , 1 0 0 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget REAL ESTATE EXCISE TAX II -2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance Work Session | October 22, 2024 | Slide 50 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 51 PENCOM Major Revenue Source:Taxes and User Fees Change in Expenditures from 2024:Increased equipment and software costs. $ 2 , 8 5 1 , 5 0 0 $ 3 , 7 4 4 , 1 6 6 $ 4 , 3 4 5 , 6 3 8 $ 3 , 5 7 0 , 7 0 0 $ 3 , 9 8 5 , 1 0 0 $ 3 , 1 8 6 , 5 2 9 $ 3 , 7 8 4 , 4 9 7 $ 4 , 6 1 8 , 8 4 3 $ 4 , 0 7 4 , 5 0 0 $ 4 , 2 9 0 , 1 0 0 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget PENCOM 2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 52 PENCOM Ov e r t i m e , 12 0 , 0 0 0 Ov e r t i m e , 12 0 , 0 0 0 Supplies, 21,900 Supplies, 19,400 Admin. Services, 219,900 Admin. Services, 241,400 Professional Services, 17,500 Professional Services, 18,000 Travel & Training, 55,600 Travel & Training, 38,100 Repairs & Maintenance, 494,500 Repairs & Maintenance, 488,000 Communication Expenses, 46,100 Communication Expenses, 52,600 Capital Projects, $0 Capital Projects, 50,000 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2024 2025 Overtime Supplies Admin. Services Professional Services Travel & Training Repairs & Maintenance Communication Expenses Capital Projects 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 53 BUSINESS IMPROVEMENT FUND Major Revenue Source:Fees collected from downtown businesses for parking and improvements Change in Expenditures from 2024:None $1 6 , 4 1 0 $3 2 , 6 1 5 $3 1 , 1 9 6 $3 2 , 9 0 0 $3 3 , 7 0 0 $4 , 0 0 0 $9 , 0 0 0 $1 7 , 5 7 3 $-$- $- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget BUSINESS IMPROVEMENT AREA FUND -2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 54 HOUSING FUND Major Revenue Source:Affordable Housing sales tax,sales tax credit and grant revenue Change in Expenditures from 2024:A reduction for the biennial transfer for the Façade program will occur in 2025. $6 9 9 , 2 1 2 $9 1 8 , 9 7 8 $1 , 0 9 2 , 0 3 0 $6 0 8 , 5 0 0 $6 3 8 , 4 0 0 $5 1 2 , 6 4 1 $2 0 0 , 0 0 0 $5 4 5 , 6 0 8 $2 5 4 , 7 0 0 $1 1 1 , 7 0 0 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget PA HOUSING REHABILITATION FUND -2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 55 CODE COMPLIANCE Major Revenue Source:Transfer from the General Fund Change in Expenditures from 2024:Includes one full-time and two part-time Code Enforcement Officers as well as program expenses. $( 3 1 5 ) $1 4 5 , 4 6 7 $2 0 6 , 5 7 5 $2 5 4 , 3 0 0 $2 5 7 , 1 0 0 $3 2 6 $1 2 8 , 6 0 3 $2 0 6 , 4 4 5 $2 5 4 , 3 0 0 $2 5 7 , 1 0 0 $(10,000) $40,000 $90,000 $140,000 $190,000 $240,000 $290,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget CODE COMPLIANCE FUND -2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance ENTERPRISE FUND 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 56 Account for activities for which a fee is charged to external users for goods or services. These fees cover the full cost to provide these services. 20 2 5 P r e l i m i n a r y B u d g e t ELECTRIC Change in Expenditures from 2024:Reductions include a change in the amount of power purchased from BPA due to decreased consumption from the City’s industrial customer as well as a $3.7M decrease to capital transfers for a one-time transfer for the Light Ops Building. $2 8 , 2 2 4 , 2 6 0 $2 6 , 5 7 5 , 9 6 7 $2 9 , 3 2 2 , 6 8 0 $2 9 , 0 8 5 , 8 0 0 $2 3 , 4 6 4 , 7 0 0 $2 5 , 8 2 0 , 2 8 6 $2 5 , 6 6 2 , 5 0 8 $2 3 , 8 4 6 , 6 5 6 $3 3 , 0 8 1 , 2 0 0 $2 3 , 8 5 1 , 8 0 0 $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget ELECTRIC UTILITY 2025 PRELIMINARY BUDGET Revenues Expenditures Cash Balance Work Session | October 22, 2024 | Slide 57 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 58 ELECTRIC Professional Services, 128,800 Professional Services, 128,800 Utilities, 81,200 Utilities, 104,900 Admin. Services, 1,860,600 Admin. Services, 2,206,500 Travel & Training, 60,200 Travel & Training, 60,200 Taxes, 2,793,900 Taxes, 2,316,900 Fuel, 33,100 Fuel, 37,100 Capital, 4,515,100 Capital, 815,100 Liability Insurance, 146,600 Liability Insurance, 296,500 Debt Payments, 235,200 Debt Payments, 162,100 Power Purchase, 17,355,000 Power Purchase, 11,310,500 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 16,000,000 18,000,000 2024 2025 Professional Services Utilities Admin. Services Travel & Training Taxes Fuel Capital Liability Insurance Debt Payments Power Purchase 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 59 ELECTRIC CONSERVATION Change in Expenditures from 2024:Decreased conservation incentives as a result of less power purchased. $2 7 5 , 1 6 5 $3 8 6 , 8 1 2 $2 9 5 , 3 8 6 $7 0 9 , 6 0 0 $5 3 9 , 3 0 0 $3 5 8 , 5 7 3 $5 0 3 , 3 2 9 $4 5 4 , 9 3 0 $7 1 4 , 6 0 0 $5 3 9 , 3 0 0 $- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget ELECTRIC CONSERVATION UTILITY 2025 PRELIMINARY BUDGET Revenues Expenditures Cash Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 60 ELECTRIC CONSERVATION Advertising, 3,500 Advertising, 3,500 Admin Services, 35,000 Admin Services, 53,200 Professional Services, 2,000 Professional Services, 7,000 Travel & Training, 5,000 Travel & Training, 5,000 Conservation Incentives, 500,000 Conservation Incentives, 300,000 Communication, 600 Communication, 700 Equipment Services, 7,200 Equipment Services, 7,200 0 100,000 200,000 300,000 400,000 500,000 600,000 2024 2025 Advertising Admin Services Professional Services Travel & Training Conservation Incentives Communication Equipment Services 20 2 5 P r e l i m i n a r y B u d g e t WATER Change in Expenditures from 2024:Addition of a full-time Utility Worker II.Increased costs for supplies,repairs and maintenance, insurance premiums and administrative charges.There is also a $1.5M decrease from 2024 for the interfund loan to Solid Waste that will not occur in 2025.Work Session | October 22, 2024 | Slide 61 $6 , 5 7 2 , 7 5 6 $5 , 2 7 8 , 2 4 4 $8 , 6 8 1 , 4 4 0 $7 , 4 9 9 , 4 0 0 $9 , 7 2 0 , 9 0 0 $6 , 7 6 2 , 4 5 5 $8 , 5 2 2 , 8 3 1 $9 , 1 1 0 , 1 5 2 $1 3 , 5 1 0 , 5 0 0 $1 0 , 1 1 0 , 6 0 0 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 $18,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget WATER UTILITY 2025 PRELIMINARY BUDGET Revenues Expenditures Cash Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 62 WATER Professional Services, 179,800 Professional Services, 184,500 Travel & Training, 30,400 Travel & Training, 32,300 Liability Insurance, 579,500 Liability Insurance, 492,000 Utilities, 294,900 Utilities, 294,900 Administrative Services, 1,191,800 Administrative Services, 1,422,200 Taxes, 1,035,700 Taxes, 1,241,200 Fuel, 29,300 Fuel, 34,300 Capital Transfers, 2,790,100 Capital Transfers, 1,165,100 Debt Payments, 560,100 Debt Payments, 402,600 Building & Maintenance Supplies, 86,000 Building & Maintenance Supplies, 117,500 Repairs & Maintenance, 484,500 Repairs & Maintenance, 419,500 Equipment Services, 222,400 Equipment Services, 245,500 Industrial Water, 1,125,300 Industrial Water, 1,147,700 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 2024 2025 Professional Services Travel & Training Liability Insurance Utilities Administrative Services Taxes Fuel Capital Transfers Debt Payments Building & Maintenance Supplies Repairs & Maintenance Equipment Services Industrial Water 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 63 WASTEWATER Change in Expenditures from 2024:Increases are expected for liability insurance,tax payments and administrative charges. Decreased expenses are expected due to one-time capital transfers that will not occur in 2025. $7 , 2 4 9 , 3 3 7 $6 , 7 2 4 , 3 5 9 $8 , 1 2 4 , 5 8 8 $7 , 6 7 8 , 7 0 0 $9 , 0 3 1 , 3 0 0 $6 , 8 3 9 , 4 1 6 $6 , 9 9 5 , 5 8 3 $8 , 1 7 7 , 7 9 5 $9 , 4 5 1 , 9 0 0 $9 , 1 7 4 , 5 0 0 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget WASTEWATER UTILITY 2025 PRELIMINARY BUDGET Revenues Expenditures Cash Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 64 WASTEWATER Professional Services, 151,500 Professional Services, 161,500 Travel & Training, 26,000 Travel & Training, 22,700 Liability Insurance , 616,700 Liability Insurance, 648,200 Utilities, 468,700 Utilities, 478,700 Administrative Services, 1,176,000 Administrative Services, 1,404,100 Taxes, 1,229,100 Taxes, 1,401,100 Fuel, 73,000 Fuel, 60,500 Capital Transfers, 1,873,000 Capital Transfers, 1,460,100 Debt Payments, 360,900 Debt Payments, 280,600Building & Maintenance, 115,000 Building & Maintenance, 115,000 Repairs & Maintenance, 245,000 Repairs & Maintenance, 187,500 Equip. Services, 113,400 Equip. Services, 156,800 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 2024 2025 Professional Services Travel & Training Liability Insurance Utilities Administrative Services Taxes Fuel Capital Transfers Debt Payments Building & Maintenance Repairs & Maintenance Equip. Services 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 65 SOLID WASTE Change in Expenditures from 2024:Increased costs for contracted waste transport services.Additionally,capital is being held for a one-year period to build cash flow. $1 2 , 7 9 3 , 8 8 1 $1 4 , 5 0 1 , 2 9 7 $1 3 , 0 4 8 , 5 9 6 $1 7 , 5 2 0 , 5 0 0 $1 6 , 2 0 0 , 7 0 0 $1 5 , 5 8 2 , 2 5 4 $1 9 , 5 5 6 , 4 0 7 $1 4 , 3 6 7 , 1 9 3 $1 6 , 7 0 7 , 5 0 0 $1 7 , 5 7 9 , 3 0 0 $(3,000,000) $2,000,000 $7,000,000 $12,000,000 $17,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget SOLID WASTE UTILITY 2025 PRELIMINARY BUDGET Revenues Expenditures Cash Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 66 SOLID WASTE Professional Services, 693,700 Professional Services, 674,100 Travel & Training, 17,800 Travel & Training, 17,800 Transfer Station Services, 1,550,000 Transfer Station Services, 2,051,000 Admin. Services, 1,121,200 Admin. Services, 1,281,500 Taxes, 1,918,800 Taxes, 2,031,300 Fuel, 258,000 Fuel, 258,000 Capital Transfers, 400,100 Capital Transfers, 300,100 Debt Payments, 420,200 Debt Payments, 791,600 Contractual Services, 4,643,000 Contractual Services, 5,292,300 Repairs & Maintenance, 175,800 Repairs & Maintenance, 175,800 Equip. Services, 760,000 Equip. Services, 560,500 Street Transfers, 150,000 Street Transfers, 150,000 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 16,000,000 2024 2025 Professional Services Travel & Training Transfer Station Services Admin. Services Taxes Fuel Capital Transfers Debt Payments Contractual Services Repairs & Maintenance Equip. Services Street Transfers 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 67 STORMWATER Change in Expenditures from 2024:Reduced costs are attributed to equipment costs supported by a grant in 2024 that will not occur in 2025 and decreased capital transfers as identified in the Capital Facilities Plan. $2 , 5 0 0 , 5 0 1 $2 , 5 0 4 , 1 2 3 $3 , 0 7 4 , 1 1 2 $3 , 7 2 4 , 4 0 0 $3 , 5 1 2 , 1 0 0 $2 , 5 6 1 , 8 8 0 $2 , 7 0 0 , 4 0 1 $3 , 0 9 1 , 1 1 7 $3 , 7 7 6 , 4 0 0 $3 , 6 6 1 , 7 0 0 $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget STORMWATER UTILTY 2025 PRELIMINARY BUDGET Revenues Expenditures Cash Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 68 STORMWATER P r o f e s s i o n a l S e r v i c e s , 2 0 5 , 5 0 0 P r o f e s s i o n a l S e r v i c e s , 2 0 5 , 5 0 0 Travel & Training, 20,000 Travel & Training, 22,400 Administrative Services, 689,900 Administrative Services, 698,500 Taxes, 335,500 Taxes, 335,500 Capital Transfers, 827,100 Capital Transfers, 614,100 Repairs & Maintenance, 45,000 Repairs & Maintenance, 30,000 Equip. Services, 510,600 Equip. Services, 249,300 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 2024 2025 Professional Services Travel & Training Administrative Services Taxes Capital Transfers Repairs & Maintenance Equip. Services 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 69 MEDIC 1 Change in Expenditures from 2024:Increased costs for grant funding that will be passed to community partners is expected as well as the Day Ambulance positions approved in 2024. $3 , 0 1 8 , 9 0 1 $3 , 0 5 4 , 7 8 8 $3 , 9 0 6 , 7 4 9 $3 , 8 5 2 , 2 0 0 $4 , 6 1 8 , 3 0 0 $2 , 9 9 5 , 4 3 1 $3 , 1 5 5 , 3 4 6 $3 , 7 0 7 , 2 2 8 $4 , 1 2 1 , 0 0 0 $4 , 6 5 1 , 6 0 0 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget MEDIC 1 2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 70 MEDIC 1 Supplies, 76,000 Supplies, 51,000 Professional Services, 256,100 Professional Services, 523,700 Travel & Training, 90,200 Travel & Training, 92,200 PenCom Services, 161,100 PenCom Services, 183,500 Fuel, 18,000 Fuel, 21,000 Equipment Services, 67,500 Equipmen t Services, 69,500 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 1,000,000 2024 2025 Supplies Professional Services Travel & Training Fuel Equipment Services 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 71 MEDIC 1 & FIRE DEPARTMENT COMBINED The General fund transfer has been excluded from this chart to more accurately show revenues and expenditures. $3 , 0 9 0 , 6 6 5 $3 , 1 5 3 , 9 7 9 $3 , 9 9 2 , 3 9 9 $4 , 0 8 5 , 1 0 0 $4 , 9 2 7 , 4 0 0 $5 , 3 4 0 , 3 3 0 $5 , 5 2 0 , 0 9 9 $6 , 1 7 9 , 6 5 0 $6 , 6 7 7 , 6 0 0 $7 , 5 1 9 , 0 0 0 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget FIRE & MEDIC 1 COMBINED 2025 PRELIMINARY BUDGET Revenues Expenditures 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 72 HARBOR CLEAN-UP Change in Expenditures from 2024:None $1 , 1 5 2 , 6 7 6 $1 6 5 , 0 5 9 $1 1 3 , 7 7 1 $2 , 0 5 0 , 6 0 0 $2 , 0 5 0 , 6 0 0 $1 , 2 5 1 , 9 7 5 $2 0 7 , 6 5 3 $1 4 9 , 5 7 0 $2 , 0 5 0 , 6 0 0 $2 , 0 5 0 , 6 0 0 $(500,000) $- $500,000 $1,000,000 $1,500,000 $2,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget HARBOR CLEAN-UP 2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance CAPITAL FUNDS 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 73 Used to account for financial resources to be used for the acquisition or construction of capital facilities and projects. Revenues occur in the form of transfers from other funds and grants. 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 74 GENERAL GOVERNMENT All projects that were approved in the 2025-2030 Capital Facilities Plan are included in the 2025 Budget. $1 , 1 4 9 , 0 8 7 $1 , 2 7 7 , 6 9 8 $2 , 4 0 4 , 8 2 2 $4 , 9 3 8 , 7 0 0 $7 5 6 , 9 0 0 $3 7 1 , 3 1 9 $1 , 8 1 1 , 6 1 7 $2 , 4 5 4 , 0 1 7 $6 , 4 9 2 , 2 0 0 $1 , 1 3 7 , 0 0 0 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget GOVERNMENTAL CAPITAL PROJECTS 2025 PRELMINARY BUDGET Revenues Expenditures 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 75 TRANSPORTATION BENEFIT DISTRICT All projects that were approved in the 2025-2030 Capital Facilities Plan are included in the 2025 Budget. $3 , 9 9 7 , 8 9 6 $1 , 8 6 3 , 9 7 1 $7 , 4 0 6 , 5 1 2 $1 2 , 6 8 1 , 0 0 0 $8 , 4 7 3 , 3 0 0 $2 , 8 5 8 , 3 8 8 $1 , 3 7 3 , 0 1 0 $5 , 0 4 0 , 8 9 3 $1 6 , 2 4 7 , 6 0 0 $9 , 8 2 0 , 9 0 0 $- $5,000,000 $10,000,000 $15,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget TRANSPORTATION BENEFIT DISTRICT FUND 2025 PRELIMINARY BUDGET Revenues Expenditures 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 76 ALL UTILITY CAPITAL FUNDS All projects that were approved in the 2025-2030 Capital Facilities Plan are included in the 2025 Budget with the exception of Solid Waste projects. $6 , 5 7 1 , 2 8 7 $6 , 3 8 2 , 7 4 3 $9 , 5 4 0 , 9 3 6 $1 7 , 0 5 1 , 5 0 0 $8 , 5 2 7 , 4 0 0 $7 , 1 3 5 , 1 5 8 $5 , 4 0 5 , 7 6 2 $1 8 , 1 9 8 , 7 9 2 $2 2 , 9 8 3 , 6 0 0 $1 3 , 6 5 0 , 5 0 0 $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget UTILITY CAPITAL FUNDS 2025 PRELIMINARY BUDGETS Revenues Expenditures INTERNAL SERVICE FUNDS 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 77 Account for services provided from one fund to another fund on a cost reimbursement basis. 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 78 EQUIPMENT SERVICES Change in Expenditures from 2024:Decreased spending for vehicle replacements and minor tools and equipment is expected in 2025 in alignment with the Capital Facilities Plan. $4 , 4 5 5 , 6 2 9 $1 , 5 8 8 , 0 6 4 $2 , 5 4 7 , 3 8 4 $3 , 1 6 3 , 1 0 0 $3 , 2 9 7 , 6 0 0 $1 , 8 3 3 , 8 3 6 $4 , 4 3 0 , 5 4 0 $2 , 8 8 8 , 2 2 5 $5 , 7 1 0 , 2 0 0 $3 , 9 5 5 , 0 0 0 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget EQUIPMENT SERVICES 2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 79 EQUIPMENT SERVICES Fuel, 16,800 Fuel, 7,300 Equipment Replacements, 4,298,600 Equipment Replacements, 2,522,500 Equipment Rentals, 30,000 Equipment Rentals, 23,000 Admin. Services, 292,600 Admin. Services, 322,100 Travel & Training, 18,000 Travel & Training, 19,400 Utilities Expense, 21,000 Utilities Expense, 26,500 - 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 2024 2025 Fuel Equipment Replacements Equipment Rentals Admin. Services Travel & Training Utilities Expense 20 2 5 P r e l i m i n a r y B u d g e t INFORMATION TECHNOLOGY Change in Expenditures from 2024:Addition of a permanent part-time Information Support Specialist.Increased costs for software services citywide as well as movement of yearly computer purchases to the IT division and a reduction in planned capital projects.Work Session | October 22, 2024 | Slide 80 $2 , 7 4 6 , 0 3 4 $2 , 5 1 3 , 5 1 9 $2 , 7 0 6 , 1 2 9 $2 , 5 7 6 , 0 0 0 $3 , 0 0 0 , 3 0 0 $1 , 9 9 1 , 3 4 9 $2 , 0 7 8 , 3 8 6 $2 , 8 3 5 , 4 1 1 $5 , 2 0 1 , 8 0 0 $3 , 0 1 3 , 2 0 0 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget INFORMATION TECHNOLOGY 2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 81 INFORMATION TECHNOLOGY Professional Services, 66,000 Professional Services, 66,000 Co m m . Ex p e n s e s , 26 0 , 8 0 0 Co m m . Ex p e n s e s , 28 1 , 3 0 0 Network Expenses, 180,000 Network Expenses, 175,300 Travel & Training, 6,500 Travel & Training, 7,500 Copier Leases, 64,600 Copier Leases, 87,000 Software/Hardwar e Maintenance, 581,000 Software/Hardware Maintenance, 688,500 Repairs & Maintenance, 32,500 Repairs & Maintenance, 15,000 Capital , 2,380,000 Capital , 655,000 - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 2024 2025 Professional Services Comm. Expenses Network Expenses Travel & Training Copier Leases Software/Hardware Maintenance Repairs & Maintenance Capital 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 82 SELF INSURANCE $5 , 2 4 7 , 0 2 7 $5 , 6 4 1 , 5 5 8 $7 , 3 1 9 , 1 5 2 $7 , 8 8 5 , 6 0 0 $8 , 6 6 7 , 1 0 0 $5 , 3 5 4 , 1 2 6 $5 , 6 7 1 , 4 5 2 $7 , 1 2 7 , 7 4 5 $7 , 8 8 5 , 6 0 0 $8 , 6 6 7 , 1 0 0 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget SELF INSURANCE 2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance FIDUCIARY & PERMENANT FUNDS 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 83 Used to account for assets held by the government as a trustee or that are legally restricted. 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 84 FIREMAN’S PENSION $6 9 , 1 4 9 $( 8 5 , 8 9 4 ) $2 9 , 0 0 0 $1 9 , 3 9 3 $2 0 0 $3 3 , 7 3 6 $2 8 , 4 7 1 $2 7 , 9 1 8 $6 9 , 4 0 0 $4 2 , 5 0 0 $(100,000) $(50,000) $- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget FIREMAN'S PENSION 2025 PRELIMINARY BUDGET Revenues Expenditures Fund Balance DEBT SERVICE FUNDS 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 85 Account for the accumulation for resources and payment of long-term debt. 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 86 WESTERN URBAN GROWTH AREA -LTGO Matures in 2025 $8 3 0 , 7 2 9 $8 0 7 , 4 6 2 $2 3 4 , 3 1 0 $8 3 9 , 1 0 0 $2 3 5 , 0 0 0 $1 , 8 9 1 , 2 3 8 $8 2 8 , 8 1 1 $3 8 8 , 8 9 0 $8 3 2 , 5 0 0 $2 3 2 , 9 0 0 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 2021 Actual 2022 Actual 2023 Actual 2024 Amended Budget 2025 Proposed Budget COMBINED DEBT SERVICE FUNDS 2025 PRELIMINARY BUDGET Revenues Expenditures 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 87 MOUNTAIN OF DEBT $- $20,000,000 $40,000,000 $60,000,000 $80,000,000 $100,000,000 $120,000,000 20 0 4 20 0 5 20 0 6 20 0 7 20 0 8 20 0 9 20 1 0 20 1 1 20 1 2 20 1 3 20 1 4 20 1 5 20 1 6 20 1 7 20 1 8 20 1 9 20 2 0 20 2 1 20 2 2 20 2 3 20 2 4 20 2 5 20 2 6 20 2 7 20 2 8 20 2 9 20 3 0 20 3 1 20 3 2 20 3 3 20 3 4 20 3 5 20 3 6 20 3 7 20 3 8 20 3 9 GENERAL GOVERNMENT + UTILITY DEBT PRINCIPAL & INTEREST BALANCE OWING AT YEAR-END General Government Debt 2014 LTGO - Solid Waste Utility Debt 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 88 MOUNTAIN OF DEBT $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 $80,000,000 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 GENERAL GOVERNMENT + UTILITY DEBT PRINCIPAL & INTEREST BALANCE OWING AT YEAR-END General Government Debt 2014 LTGO - Solid Waste Utility Debt Prior Debt Owed CONCLUSION 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 89 The Budget carefully reflects the visions, goals and long-term planning of Council and Community. Years of cautious budget planning have enabled the City to provide exemplary services to our community and move in the direction of building key services. The Budget demonstrates the City’s commitment to affordability, fiscal stewardship and provision of essential services NEXT STEPS 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 90 DEC 3 NOV 6 2025 Property Tax Presentation, Public Hearing & First Reading of Ordinance 2025 Budget Public Hearing & 2nd Reading of Ordinance NOV 19 2025 Property Tax Public Hearing, Adoption of Ordinance /Resolution, 2025 Budget Presentation, Public Hearing & 1st Reading of Ordinance NOV 12 2025 Budget Work Session -Hold QUESTIONS & DISCUSSION 20 2 5 P r e l i m i n a r y B u d g e t Work Session | October 22, 2024 | Slide 91 Staff requests consensus on any items Council would like additional information about or items that will return to Council for further consideration. Inquiry items do not require a consensus