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Finance - Budgets - Budget Report - 08/22/2017 CITY OF EAGLE BUDGET REPORT FISCAL YEAR 2018 (2017-2018) Adopted by Eagle City Council August 22, 2017 Prepared by: Stan Ridgeway, Mayor Sharon K. Bergmann, City Clerk/Treasurer Page 2 of 12 I. EXECUTIVE SUMMARY: The FY 17/18 Budget for the City of Eagle was adopted by the City Council on August 22,2017. The FY 2018 Budget Report is intended as a working document for the Mayor, City Council, staff and members of the community. This report provides summary information regarding the FY 17/18 Budget. The Budget included in this report reflects the continuation of many previous City programs. As a means of developing this future course of action, this Budget along with future budgets, will be presented by accounting Fund, Object and Subobject. 1. General Fund: This fund is the primary revenue and expenditure category in the budget. 2. Library Fund: This fund, created under Section 6-3-1 of the Eagle City Code, is the primary revenue and expenditure category for the Eagle City Library. This fund must meet certain controls of both the Board of Trustees of the Library and the City Council. Property taxes are the primary source of funding for the Library Fund. 3. Water Fund: This is an Enterprise Fund and is the primary revenue and expenditure category for the City Water System. 4. Capital Projects Park Fund: This fund was created in accordance with Ordinance #345 for the deposit of Park Facilities Impact Fees. These funds are used to provide public facilities and system improvements needed to serve future residents and users. Insert Pathway 5. Cultural Arts Commission Fund: This fund was created to further the arts in the City of Eagle. The source of income for the Arts Commission is revenue from the City General Fund, the Saturday Market and and other events sponsored by the Commission. 6. Museum: The City General Fund is the primary source of revenue for the operation of the Eagle Historical Museum. 7. Historical Commission Fund: This fund was created in accordance with Eagle City Code 2-7-2 to provide for the actual and necessary expenditures of the Historical Preservation Commission. The primary source of revenue is from the City General Fund. 8. General Obligation Bond Fund-Library: This fund was created in accordance with Ordinance #320 and provides for the deposit of funds derived from the levy of taxes for payment of principal and interest on the General Obligation Bond. 9. General Obligation Bond Fund-City Hall. This fund was created in accordance with Ordinance #701 and provides for the deposit of funds derived from the levy of taxes for payment of principal and interest on the General Obligation Bond. For FY 15/16 the principal and interest payment on the General Obligation Bond will be paid out of the City General Fund. No property taxes will be assessed. For purposes of this Budget the City of Eagle operates on a cash-only basis. For questions regarding this and other financial information of the City of Eagle, please contact the City Clerk/Treasurers Office at Eagle City Hall at (208) 939-6813. For detailed information on the FY 17/18 Budget please visit the City's website at www.cityofeagle.org, Quick Links, Public Records. Page 3 of 12 II. DETAIL OF REVENUE BY FUND, OBJECT AND SUBOBJECT: REVENUES: The estimated revenue for the City of Eagle, Idaho, for the fiscal period October 1, 2017 to September 30, 2018, is as follows: GENERAL CITY REVENUE: 1. RESERVE FUND: CARRY FORWARD $3,273,468 MONEY MARKET ACCOUNT - 1ST QTR EXPENITURES $1,880,689 OPERATING ACCOUNT $1,000,000 $6,154,157 2. PROPERTY TAXES:$1,848,175 $1,848,175 3. FRANCHISE FEES:$676,000 $676,000 4. INTERGOVERNMENTAL:$2,362,726 $2,362,726 5. RESTRICTED FUNDS:$468,180 $468,180 6. FLEET MANAGEMENT - RESTRICED FUNDS:$112,000 $112,000 7. PUBLIC WORKS RESTRICTED FUNDS:$236,503 $236,503 8. BUILDING DEPARTMENT FEES:$2,135,800 $2,135,800 9. PLANNING & ZONING FEES:$211,500 $211,500 10. COURT FINES & FEES:$42,500 $42,500 11. LICENSES & PERMITS:$45,000 $45,000 12. MISCELLANEOUS PERMITS AND FEES:$156,168 $156,168 13. CHARGES FOR SERVICES:$800 $800 14. INVESTMENTS:$7,500 $7,500 15. GRANTS:$150,000 $150,000 16. MISCELLANEOUS:$2,100 $2,100 GENERAL REVENUE:$14,609,109 CAPITAL PROJECTS REVENUE: 1. REVENUE:$1,739,000 CAPITAL PROJECTS REVENUE:$1,739,000 Page 4 of 12 II. DETAIL OF REVENUE BY FUND, OBJECT AND SUBOBJECT CON'T: PARK AND RECREATION DEPARTMENT: 1. PARK AND RECREATION ADMINISTRATION $245,564 2. EAGLE FUN DAYS $63,250 3. COMMUNITY ENHANCEMENT $135,553 4. RECREATION $227,064 PARK AND RECREATION DEPARTMENT REVENUE:$671,431 PARK FUND - CAPITAL PROJECTS: 1. ESTIMATED CARRY OVER:$3,223,608 2. OTHER REVENUE:$846,279 CAPITAL PROJECTS PARK FUND REVENUE:$4,069,887 PATHWAY FUND - CAPITAL PROJECTS: 1. ESTIMATED CARRY OVER:$34,730 2. OTHER REVENUE:$145,620 PATHWAY FUND - CAPITAL PROJECTS REVENUE:$180,350 WATER ENTERPRISE FUND: 1. ESTIMATED CARRY OVER:$292,301 $292,301 2. RESERVE FUND:$114,565 $114,565 2. RESTRICTED FUNDS REVENUE:$492,359 $492,359 3. OTHER REVENUE:$874,356 $874,356 WATER ENTERPRISE FUND REVENUE:$1,773,581 LIBRARY DEPARTMENT: 1. RESERVE FUND $350,000 $350,000 2. OPERATING REVENUES:$61,350 $61,350 2. PROPERTY TAX REVENUE:$1,282,846 $1,282,846 3. OTHER REVENUE:$20,100 $20,100 TOTAL LIBRARY DEPARTMENT REVENUE:$1,714,296 MUSEUM: 1. REVENUE:$92,749 MUSEUM REVENUE:$92,749 Page 5 of 12 II. DETAIL OF REVENUE BY FUND, OBJECT AND SUBOBJECT CON'T: CULTURAL ARTS COMMISSION: 1. REVENUE:$70,000 CULTURAL ARTS COMMISSION:$70,000 HISTORIC COMMISSION FUND 1. REVENUE:$14,250 TOTAL HISTORICAL COMMISSION REVENUE:$14,250 CITY HALL GENERAL OBLIGATION BOND FUND REVENUE: 1. REVENUE:$105,300 TOTAL GENERAL OBLIGATION BOND FUND CITY HALL REVENUE:$105,300 TOTAL REVENUE ALL FUNDS GENERAL CITY FUND $14,609,109 CAPITAL PROJECTS PARK FUND $1,739,000 PARK AND RECREATION DEPARTMENT $671,431 PARK FUND - CAPITAL IMPROVEMENTS $4,069,887 PATHWAY FUND - CAPITAL IMPROVEMENTS $180,350 WATER ENTERPRISE FUND $1,773,581 LIBRARY DEPARTMENT FUND $1,714,296 MUSEUM $92,749 CULTURAL ARTS COMMISSION $70,000 HISTORIC COMMISSION FUND $14,250 CITY HALL GENERAL OBLIGATION FUND $105,300 $25,039,953 Page 6 of 12 III. DETAIL OF EXPENDITURES BY FUND, OBJECT AND SUBOBJECT: EXPENDITURES: The following is an estimate set forth in said budget of the total expenditures and accruing indebtedness of the City of Eagle, Idaho for the fiscal period October 1, 2017, to September 30, 2018. GENERAL ADMINISTRATION EXPENDITURES: 1. RESERVE FUNDS: RESERVE FUND - 1ST QTR EXPENDITURES:$2,009,689 OPERATING ACCOUNT:$1,000,000 FUTURE PROPERTY PURCHASE:$1,102,123 TRANSPORTATION RELATED PROJECTS: $140,500 $4,252,312 2. PERSONNEL:$57,600 $57,600 3. RESTRICTED FUNDS: $468,180 $468,180 4. CONTRACTS & AGREEMENTS: $3,418,887 $3,418,887 5. ADMINISTRATION:$228,397 $288,397 6. VEHICLE REPLACEMENT:$8,000 $8,000 7. CODE ENFORCEMENT:$6,000 $6,000 8. PUBLIC AFFAIRS & COMMUNITY RELATIONS:$15,500 $15,500 8. GENERAL FUND TRANSFERS:$1,519,612 $1,519,612 8. GRANTS:$150,000 $150,000 9. CAPITAL OUTLAY :$14,212 $14,212 11. CAPITAL PROJECTS:$336,060 $336,060 GENERAL ADMINISTRATION EXPENDITURES:$10,534,760 Page 7 of 12 III. DETAIL OF EXPENDITURES BY FUND, OBJECT AND SUBOBJECT CON'T: CAPITAL PROJECTS EXPENDITURES: 1. GENERAL CITY PROJECTS:$558,000 $558,000 2. PLANNING DEPARTMENT PROJECTS:$356,000 $356,000 3. PUBLIC WORKS FY 16/17 PROJECTS:$79,000 $79,000 4. PUBLIC WORKS FY 17/18 PROJECTS:$499,000 $499,000 5. PARKS-RECREATION DEPARTMENT FY 16/17 PROJECTS:$205,000 $205,000 6. PARKS-RECREATION DEPARTMENT FY 17/18 PROJECTS:$42,000 $42,000 CAPITAL PROJECTS EXPENDITURES:$1,739,000 IT DEPARTMENT EXPENDITURES: 1. PERSONNEL:$145,039 $145,039 2. ADMINISTRATION:$10,259 $10,259 3. INTERNET/PHONE SERVICES: $16,721 $16,721 4. CONTRACTS & AGREEMENTS: $97,551 $97,551 5. OPERATIONAL RESERVES:$18,000 $18,000 6. CAPITAL OUTLAY:$49,050 $49,050 IT DEPARMENT EXPENDITURES:$336,620 EXECUTIVE DEPARTMENT EXPENDITURES: 1. PERSONNEL:$87,254 $87,254 2. ADMINISTRATION:$3,300 $3,300 3. PUBLIC AFFAIRS & COMMUNITY RELATIONS:$2,000 $2,000 4. FLEET MANAGEMENT:$5,034 $5,034 EXECUTIVE DEPARMENT EXPENDITURES:$97,588 Page 8 of 12 III. DETAIL OF EXPENDITURES BY FUND, OBJECT AND SUBOBJECT CON'T: CITY CLERK DEPARTMENTEXPENDITURES: 1. PERSONNEL:$505,784 $505,784 2. ADMINISTRATION:$15,330 $15,330 CITY CLERK DEPARMENT EXPENDITURES:$521,114 BUILDING DEPARTMENT EXPENDITURES: 1. PERSONNEL:$284,599 $284,599 2. ADMINISTRATION:$20,990 $20,990 3. CONTRACTS & AGREEMENTS: $437,400 $437,400 4. VEHICLE OPERATIONS:$25,860 $25,860 BUILDING DEPARMENT EXPENDITURES:$768,849 PLANNING & ZONING DEPARTMENT EXPENDITURES: 1. PERSONNEL:$667,197 $667,197 2. ADMINISTRATION:$37,550 $37,550 3. PUBLIC RELATIONS:$200 $200 4. CONTRACT & AGREEMENTS:$6,000 $6,000 5. CAPITAL OUTLAY:$1,070 $1,070 6. COMMUNITY PLANNING PROJECTS:$40,700 $40,700 PLANNING & ZONING DEPARMENT EXPENDITURES:$752,717 Page 9 of 12 III. DETAIL OF EXPENDITURES BY FUND, OBJECT AND SUBOBJECT CON'T: PUBLIC WORKS EXPENDITURES: 1. PERSONNEL:$230,667 $230,667 2. RESTRICTED FUNDS:$236,504 $236,504 3. FLEET MANAGEMENT - RESTRICTED FUND:$112,000 $112,000 4. ADMINISTRATION:$28,150 $28,150 5. CONTRACTS & AGREEMENTS:$330,271 $330,271 6. FLOWER BASKETS:$10,100 $10,100 7. GENERAL MAINTENANCE & REPAIR:$135,300 $135,300 8. VEHICLE MAINTENANCE & REPAIR:$21,068 $21,068 9. STREET LIGHTS:$40,050 $40,050 10. PROGRAMS $10,175 $10,175 11. MTNC REPAIR GROUNDS-STRUCTURES-UTILITIES:$247,161 $247,161 12. CAPITAL EQUIPMENT:$13,000 $13,000 13. FY 17/18 PROJECTS:$5,400 $5,400 PUBLIC WORKS EXPENDITURES:$1,419,846 PARKS AND RECREATION DEPARTMENT EXPENDITURES: 1. PARK-REC ADMINISTRATION:$245,564 2. EAGLE FUND DAYS:$63,250 3. TRAILS $177,615 4. COMMUNITY ENHANCEMENT - PARK/REC :$135,553 5. RECREATION $227,064 PARKS & RECREATION DEPARTMENT EXPENDITURES:$849,046 Page 10 of 12 III. DETAIL OF EXPENDITURES BY FUND, OBJECT AND SUBOBJECT CON'T: PARK FUND - CAPITAL PROJECTSEXPENDITURES: 1. CAPITAL EXPENDITURES: CONSTRUCTION PROJECTS - MISC $400,000 CONSTRUCTION PROJECTS - RESERVE $171,175 CAPITAL IMPROVEMENT $3,498,712 PARK FUND - CAPITAL PROJECTSEXPENDITURES:$4,069,887 PATHWAY FUND - CAPITAL PROJECTSEXPENDITURES: 1. CAPITAL EXPENDITURES:$180,350 PATHWAY FUND - CAPITAL PROJECTSEXPENDITURES:$180,350 WATER FUND EXPENDITURES: 1. RESERVE FUNDS EXPENDITURE:$164,000 $164,000 2. RESTRICTED FUNDS EXPENDITURE:$492,359 $492,359 3. PERSONNEL:$388,697 $388,697 4. OPERATIONS & MAINTENANCE:$223,400 $223,400 5. CONTRACTS & AGREEMENTS:$353,723 $353,723 6. VEHICLE OPERATIONS:$25,602 $25,602 7. CAPITAL OUTLAY:$125,800 $125,800 WATER FUND EXPENDITURES:$1,773,581 LIBRARY DEPARTMENT EXPENDITURES: 1. RESERVE FUND-1ST QRT EXPENDITURE:$360,000 $360,000 2. PERSONNEL:$778,696 $778,696 3. CONTRACTS & AGREEMENTS:$18,100 $18,100 4. OPERATIONS & MAINTENANCE:$537,970 $537,970 5. RESTRICTED FUNDS:$3,230 $3,230 6. CAPITAL OUTLAY EQUIPMENT:$16,300 $16,300 LIBRARY DEPARTMENT EXPENDITURES:$1,714,296 Page 11 of 12 III. DETAIL OF EXPENDITURES BY FUND, OBJECT AND SUBOBJECT CON'T: MUSEUM: 1. PERSONNEL:$62,629 $62,629 2. EDUCATION:$5,050 $5,050 3. ADMINISTRATIVE DEPARTMENT:$13,570 $13,570 4. EXHIBITS:$7,500 $7,500 5. PROGRAMS:$500 $500 6. CAPITAL OUTLAY:$3,500 $3,500 MUSEUM EXPENDITURES:$92,749 CULTURAL ARTS COMMISSION EXPENDITURES: 1. ADMINISTRATION:$8,000 $8,000 2. PROGRAMS:$62,000 $62,000 CULTURAL ARTS COMMISSION EXPENDITURES:$70,000 HISTORIC COMMISSION FUND EXPENDITURES: 1. ADMINISTRATION:$750 $750 2. PROGRAMS:$3,500 $3,500 3. GRANTS:$2,500 $2,500 4. HISTORIC DISTRICT:$7,500 $7,500 HISTORIC COMMISSION FUND EXPENDITURES:$14,250 GENERAL OBLIGATION BOND FUND CITY HALL EXPENDITURES: 1. BOND PAYMENTS:$105,300 GENERAL OBLIGATION BOND FUND CITY HALL EXPENDITURES:$105,300 Page 12 of 12 III. DETAIL OF EXPENDITURES BY FUND, OBJECT AND SUBOBJECT CON'T: GENERAL CITY FUND $10,534,760 CAPITAL PROJECTS PARK FUND $1,739,000 IT DEPARTMENT $336,620 EXECUTIVE DEPARTMENT $97,588 CLERK'S DEPARTMENT $521,114 BUILDING DEPARTMENT $768,849 PLANNING & ZONING DEPARTMENT $752,717 PUBLIC WORKS DEPARTMENT $1,419,846 PARK AND RECREATION DEPARTMENT $849,046 PARK FUND - CAPITAL PROJECTS $4,069,887 PATHWAY FUND - CAPITAL PROJECTS $180,350 WATER FUND $1,773,581 LIBRARY DEPARTMENT FUND $1,714,296 MUSEUM $92,749 CULTURAL ARTS COMMISSION $70,000 HISTORICAL COMMISSION FUND $14,250 CITY HALL GENERAL OBLIGATION FUND $105,300 TOTAL EXPENDITURES:$25,039,953 REVENUES ALL FUNDS:$25,039,953 EXPENDITURES ALL FUNDS:$25,039,953