Docstoc

EDC Presentation

Document Sample
EDC Presentation Powered By Docstoc
					2011 Budget Overview
     City of Shelton
      October 4, 2010
Budget Overview - Mission

• Collect budget proposals
• Compile results
• Report
Budget Instructions

• Maintain M&O on services unless
  something is critical or unusual
• Requests ok for one-time expenditures
2010 Budget-year Initiatives

• Goal – close $600,000 gap for 2011
  Need at least 3 of the following 4

•   Metropolitan Parks District
•   Fire Annexation
•   EMS Levy
•   Labor negotiations
Context

• Good
   – Metropolitan Parks District
   – Candy and bottled water taxes (Maybe)
• Bad
   – Health insurance premiums rising
   – Tax collections lower
   – Slow economic recovery
• Uncertain
   –   Initiatives (1053, 1100, 1105, 1107)
   –   EMS Levy
   –   Mason 5 contract
   –   Labor negotiations
General Assumptions – what do we
include in the Budget Overview

• Staffing / service levels – status quo
• Ballot measures – status quo
• Tax collections – lower

• Lots of uncertainty
Detailed Assumptions

• Metropolitan Parks District benefit included
• Real Estate Excise Tax covers fire station payment (in
  2011 only)
• Liquor initiatives – no impact included
• Health insurance cost increase – included in part
• COLAS – no
• Step increases – yes
• Tax Revenues have dropped and will stabilize
• Unemployment insurance - $15,000 (General & Street
  Funds)
• Fire contract payments to Mason 5 - remain the same
• EMS Levy - expires
• One time revenue / expenses not included
Outcome

• General Fund <$595,000>
• Street Fund <$35,000>
What if ???...

•   EMS Levy Passes               $260,000
•   Labor Health Ins Benefit   $0 - $70,000
•   Fire contract                       ???
•   Liquor Initiatives Pass    <$100,000>
Economic Trends

• Recovery under way
• Recovery will be slow – 3 to 4 more
  years
2011 Budget Overview
     General Fund


Requested Expenditures                     $ 10,803,248
Projected Revenues                         $ 10,207,810
Shortfall                                     ($ 595,438)


        * Includes a $663,000 transfer to Street
     General Fund Requests

Personnel Services
• Increase HR support .15 FTE        $ 7,361

Data Processing
• In-House IT Technician – 1.0 FTE   $ 1,464
• Software Updates                   $ 6,475
• PC Replacements                    $ 3,900
                                     $ 11,839
Community Information Services
• Admin Support – .25 FTE            $ 4,192
      General Fund Requests
         (continued)
Municipal Court
• Public Defense increase                     $55,300 *
• New Part-Time Court Clerk, .24 FTE          $ 3,275
                                              $58,575
                 * Supported by new revenue


Detention & Correction
• Jail Services Cost increase                 $ 45,261
       General Fund Requests
          (continued)
Law Enforcement
•   Police Officer – 1.0 FTE                    $ 71,800
•   Uniforms                                    $ 3,600
•   Bulletproof Vests                           $ 4,500 *
•   Increase Supplies                           $ 1,000 *
•   Target Zero Task Force Program              $ 7,510 *
                                                $ 88,410
Communications & Dispatch
• Phone Allowance                               $   460 *

                   * Supported by new revenue
      General Fund Requests
         (continued)
Facility Engineering
• New Admin Support .5 FTE             $ 28,312
Planning and Development
• Shoreline Master Program Update      $ 78,500
       Supported by new revenue
Facilities - Maintenance & Custodial
• New Custodian .5 FTE                 $ 26,535
• Additional PSB Facility Costs        $ 26,950
                                       $ 53,485
Libraries
• Recycling Fees                       $ 1,200
      Requests for General Fund
         “one-time monies”
•   Engineering Vehicle Replacement    $ 15,850
•   9 Engineering Radio Replacements   $ 7,000
•   Library Carpet Replacement         $ 51,000
•   Civic Center Roof Repair
       and HVAC Modifications          $ 22,000
•   New Financial System               $125,000
•   King Street Chip Seal              $ 7,700
•   K Street Road Repair               $ 53,642
•   Lake Blvd Road Repair              $111,746
                                       $393,938
    Street Fund


Requested Expenditures                    $ 1,019,265
Projected Revenues                        $    983,949
Shortfall                                     ($ 35,316)

 * Includes a $663,000 transfer from the General Fund
     Street Fund Requests

• Chip Seal Projects         $ 54,449
    Supported by REET2 Tax
    Tourism Fund


Requested Expenditures                          $     38,850
Projected Revenues                              $     34,647
Shortfall                                         ($ 4,203)



    * There is sufficient Fund Balance to cover this shortfall
    Capital Improvement Fund


Requested Expenditures                        $ 4,903,966
Projected Revenues                            $ 4,743,477
Shortfall                                       ($ 160,489)




    * There is adequate Fund Balance to cover the shortfall
     Capital Improvement Fund
          On-Going Projects

• Public Safety Building Project      $ 589,517
   Supported by USDA loan
• SR3 Park and Ride                   $ 83,266
   Supported by Grant Revenue
   and $9,908 from the General Fund
• SR3 Corridor Improvement            $ 169,106
   Supported by Grant Revenue
                                      $ 841,889
   Water Fund


Requested Expenditures   $ 2,901,879
Projected Revenues       $ 3,091,045
Overage                  $   189,166
       Water Fund Requests


•   5 Radio Replacements               $     4,000
•   Regional Water Storage Tank        $ 1,095,948
•   Upgrade Well #3                    $ 293,960
•   Angelside Reservoir Booster Pump   $ 415,379
                                       $ 1,809,287
   Sewer Fund


Requested Expenditures   $ 8,734,470
Projected Revenues       $ 8,818,913
Overage                  $   84,443
    Sewer Fund Requests &
     On-going Projects

•   Comprehensive Plan Update   $    50,257
•   New Position, 1.0 FTE       $    63,551
•   5 Radio Replacements        $     4,000
•   Used Truck                  $     4,000
•   Basin 5 Construction        $ 5,591,114
     Funded with a PWTF Loan
                                $ 5,712,922
   Solid Waste Fund


Requested Expenditures   $ 1,488,215
Projected Revenues       $ 1,522,829
Overage                  $    34,614
    Solid Waste Fund Requests

• Operational Increases –
  – Yard Waste Containers   $ 10,000
  – Garbage Containers      $ 5,000
  – 3 Radio Replacements    $ 2,400
                            $ 17,400
   Storm Drainage Fund


Requested Expenditures   $ 653,092
Projected Revenues       $ 790,505
Overage                  $ 137,413
      Storm Drainage Fund Requests


•   Ravenna Trail System Upgrade             $ 177,967
•   Lake Boulevard Upgrade                   $ 103,880 *
•   K Street Upgrade                         $ 49,582 *
•   Fairmount Street Upgrade                 $ 33,650
                                             $ 365,079

                 * Supported by Grant Revenues
    Regional Water Fund


Requested Expenditures                          $ 228,883
Projected Revenues                              $ 221,205
Shortfall                                         ($ 7,678)

     * There is adequate Fund Balance to cover the shortfall
     Regional Water Fund
      On-Going Project

• Dayton-Airport Road                 $ 205,200
  Water Expansion Design
   100% Funding from State Partners
     Regional Sewer Fund


Requested Expenditures                        $ 11,987,009
Projected Revenues                            $ 11,870,084
Shortfall                                         ($ 116,925)
     * There is adequate Fund Balance to cover the shortfall
    Regional Sewer Fund
     On-Going Project

• Shelton WWTP Upgrade Phase IV          $ 11,547,570
  Supported by USDA Rural Development Loan/Grant,
  State Partners, and City Sewer Fund
     Equipment Maintenance and
        Rental Fund (EM&R)

Requested Expenditures   $   522,442
Projected Revenues       $   612,640
Overage                  $    90,198
     Equipment Maintenance and Rental
         Fund (EM&R) Requests

• 10 Radio Replacements            $ 7,000
• Hydraulic Tools – Bucket Truck   $ 1,600
• Layton Box Paver                 $ 60,000
                                   $ 68,600
   Budget Calendar

October 22   – Budget Retreat

November 1 – Preliminary Budget Presentation

November 15 – Preliminary Budget Public Hearing
              Revenue Sources Public Hearing

December 6 – Final Budget Public Hearing

				
DOCUMENT INFO