Finance - Budgets - Eagle Revenue, Fund, Object & Subject - 08/22/2017CITY OF EAGLE REVENUE FY 17/18
Adopted by CC 8/22/17
REVENUE BY FUND, OBJECT, AND SUBOBJECT
Major Objects and Subobjects FY 17/18 Line item
cost
Working Area for all Detailed Calculations - PLEASE SHOW YOUR
ASSUMPTIONS
CARRY FORWARD (01-0308-00-00)$3,273,468 Carry over from FY 16/17 to FY 17/18 upexpended funds from FY 16/17
MONEY MARKET ACCT-ST QTR EXP (01-0309-01-00) $1,880,689 This is a reserve fund which covers the 1st quarter expenditures of the City
OPERATING ACCOUNT $1,000,000 Deposit and Expenditure transactions go through this account
COMMUNITY FACILITY RESERVE (01-0309-04-00)$0 MOVED TO CAPITAL PROJECTS FUND FY 16/17
PROPERTY TAX REVENUE (01-0311-00-00)
$1,750,652
$86,060 3% Property Tax Revenue dedicated to Pathway Repairs - Flood Damages
TOTAL PROPERTY TAX REVENUE $1,836,712
OTHER TAX REVENUE:
Penalty/Interest on Property Taxes (01-0311-01-00)3,000 Based on projected FY 16/17 Collections
Personal Property Tax Reimburse (01-0312-00-00)8,463 2014 Legislature. State Reimbursement for loss of Personal Property Taxes
Payments Dec/Jan & June/July - funds come from the State not from taxpayers
TOTAL OTHER TAX REVENUE:$11,463
Franchise Fees:
Franchise/Eagle Water 1% (Qtly) (01-0316-10-00)7,000
7,000 Same as FY 16/17
Franchise/United Water 1% (Qtly) (01-0316-10-02)12,000
12,000 Same as FY 16/17
Franchise/Int. Gas 3% (Quarterly) (01-0316-11-00) 200,000
200,000 Based on projected FY 16/17 Collections
Franchise/Cable 5% (Quarterly) (01-0316-12-00) 92,000
92,000 Based on projected FY 16/17 Collections
Franchise/Trash 8% (Quarterly) (01-0316-13-00) 180,000
180,000 Based on projected FY 16/17 Collections
Franchise/Idaho Power 1% (Qtly) (01-0316-14-00) 185,000
185,000 Based on projected FY 16/17 Collections
TOTAL FRANCHISE FEES:$676,000
INTERGOVERNMENTAL:
State Revenue Sharing (01-0335-60-00)1,628,590
State Distribution (Quarterly) 1,628,590 Based on AIC Revised Projections 6/27/17
State Sales Tax Revenue Sharing (01-335-50-00) 357,769
County Distribution (Quarterly) 357,769 Based on AIC Revised Projections 6/27/17
State Liquor (Quarterly) (01-0335-10-00)376,367
Final distribution in August 376,367 Increased 8% over FY 16/17
TOTAL INTERGOVERNMENTAL:$2,362,726
RESTRICTED FUNDS
Cash Surities-Land Use Apps (01-0203-01-01)455,535
455,535 Cash Surities paid by Developers on Land Use Applications
Mayor's Youth Action Council (01-0350-04-00)780
780 Carry Over from FY 16/17
Field of Honor (01-0350-05-00)10,000
10,000 Estimate until all expenses are paid for the event
Economic Development/Id Power (01-0350-43-00)1,865
1,865 Idaho Power Grant - $1,365 carry over + $500 new grant funds
Economic Development (Mayor) (01-0350-44-00)0
0 FY 16/17 Moved to Contracts - Economic Development
TOTAL RESTRICTED FUNDS & PASS THROUGH:$468,180
FLEET MANAGEMENT - RESTRICTED FUND
Vehicle Replacement Reserve (Tran frm Gen Fund) 16,000
(01-0314-01-00)16,000
Executive Department (01-0314-02-00)8,000
8,000 One vehicle
Building Department (01-0314-03-00)40,000
40,000 2 trucks a 3 year replacement schedule.
Parks/Rec Administration (01-0314-04-00)8,000
8,000 One vehicle
Public Works Department (01-0314-05-00)12,000
12,000 Two vehicles
Trails P/R (01-0314-06-00)20,000
20,000 Three vehicles
Recreation Department (01-0314-07-00)8,000
8,000 One vehicle
TOTAL FLEET MANAGEMENT - RESTRICTED FUND:$112,000
PUBLIC WORKS RESTRICTED FUNDS:
Republic Srvs Education-Add Srvs (01-0315-01-00)53,940
53,940 Based on FY 16/17 Collections & Expenitures + Carry Forward
Trees, light poles, sidewalks (01-0315-02-00)150,000
Replacement Fund 150,000 Trees, light poles, sidewalks, decorative & overhead street lights
Tree Fund (01-0315-06-00)30,795
30,795
Library O&M (Lib Bond Fund) (23-0415-04-00)1,768
1,768 Actual - Lib Bond Paid Off FY 16/17- Balance in Fund goes towards
Operations/Maintenance of Library Building
Gateway Park Concession 50% (01-0315-04-00)0
0
TOTAL PUBLIC WORKS RESTRICTED FUND:$236,503
PARK/REC FEES:
Vendor Lease Payments-Parks (01-0360-01-00)0
0 Moved to Parks/Rec General Administration Budget
Park Reservation Fees (01-0360-02-00)0
0 Moved to Parks/Rec General Administration Budget
Gateway Park Concession 50% (01-0360-03-00)0
0
Id Power Substation/Water usage (01-0360-05-00)0
- Moved to Misc Fees
TOTAL PARK/REC FEES:$0
BUILDING DEPARTMENT PERMITS AND FEES:
Building Permits (01-0322-10-00)1,100,000
1,100,000 Based on 440 new homes at an average permit cost of $2,500
Building Permits Appeals (01-0322-10-01)0
0
Plan Review Fee-Bldg Dept (01-0322-12-00)385,000
385,000 Plan review fee is 35% of permit cost
Energy Standards (01-0322-13-00)22,000
22,000 Energy Standard revenue is $50 per New Home Permit
ACHD Impact Processing Fees (01-0322-19-00)8,800Money collected from ACHD for collecting their
impact fees 8,800 Based on 440 new home residential permits - we collect $20 per permit
PERMITS & FEES SUBTOTAL:$1,515,800
BUILDING DEPARTMENT INSPECTIONS
Plumbing Inspection Fees (01-0322-15-00)205,000
205,000 60% Pay Out-Based on new home, additions, remodels, retrofit permits
Electrical Inspection Fees (01-0322-14-00)205,000
205,000 60% Pay Out-Based on new home, additions, remodels, retrofit permits
Mechanical Inspection Fees (01-0322-16-00) 210,000
210,000 60% Pay Out-Based on new home, additions, remodels, retrofit permits BUILDING DEPARTMENT INSPECTIONS
SUBTOTAL:$620,000
TOTAL BUILDING DEAPARTMENT PERMITS & FEES:$2,135,800
PLANNING & ZONING DEPARTMENT PERMITS AND FEES:
Annex/Zoning/DR/CUP Permits (01-0322-11-00)160,000
160,000
PZ Inspection Fees (01-0322-11-01)6,000
6,000 Based on Projected applications
PZ Plan Review Fees (01-0322-11-02)30,000
30,000 Based on projected building permits
Drainage Review Fees (01-0341-13-01)10,000
10,000
Street Light Inspection Fees (01-0322-17-00)1,500
1,500
Surety/Letter of Credit Fees (01-0322-18-00)3,000
3,000
Tree City USA Grant (01-0331-60-00) 0
0 Moved to Public Works Budget
Environmental/Conservation Srvs (01-0341-19-00) 0
0
M3 Staff Time Reimbursement (01-0341-15-00)1,000
1,000 Based on projected staff time
TOTAL PLANNING & ZONING PERMITS & FEES:$211,500
COURT FINES & FEES:
City Court Fines & Fees (01-0338-40-00)40,000
40,000
Citation Fees/Code Enforcement (01-0338-41-00)500
500 Same as FY 16/17
Weed Abatement (01-0338-421-00)2,000
2,000 Same as FY 16/17
TOTAL COURT FINES & FEES:$42,500
LICENSES AND PERMITS:
Alcoholic Beverage License (01-0321-10-00)28,000
28,000 Same as FY 16/17
Business License (01-0321-30-00)17,000
17,000
TOTAL LICENSES AND PERMITS:$45,000
MISCELLANEOUS PERMITS AND FEES:
URA Reimburse-City Staff & Costs (01-0384-01-00)1,500
1,500 Per MOU entered FY 14/15
URA Reimburse Goldman Property Mtnc 200
(01-0384-03-00)200 Per MOU entered FY 14/15
URA Reimburse Tri-City Property (01-0384-04-00)0
0
URA Reimbursement-Comp Plan (01-0384-05-00)0
0
CID Reimbursement-Staff & Costs (01-0341-17-00)5,000
5,000
Engineering Fees Collected Developers 80,000
(01-0341-13-00) 80,000 Estimated
Attorney Fees Collected from Developers 40,000
(01-0341-14-00) 40,000 Estimated
Misc Permits/Fees/Licenses (01-0341-11-00)4,000
4,000 Same as FY 16/17
Id Power Substation/Water usage (01-0360-05-00)120
120
Animal License Fees (01-0341-12-00)8,000
8,000
Water Dept Reimbursement (01-0341-20-00)12,803
12,803 Same as FY 16/17
Pressurized Irrigation Reimburse Guerber Pk 4,545
(01-0341-21-00) 4,545
TOTAL MISCELLANDEOUS PERMITS & FEES:$156,168
CHARGES FOR SERVICES:
Printing, Duplication, Publishing (01-0379-01-00)300
300 Same as FY 16/17
Miscellaneous (01-0379-00-00)500
500 Same as FY 16/17
TOTAL CHARGES FOR SERVICES:$800
INVESTMENTS:
Bank Investment Interest (01-0371-25-00)7,500
7,500
Total Investments:$7,500
GRANTS:
Grants/Matching Funds (01-0331-63-00)100,000
100,000
Matching Grants (01-0331-61-00)50,000
50,000
TOTAL GRANTS:$150,000
MISCELLANEOUS:
Room Reservations (01-0383-09-00)600
600
Miscellaneous Reimburseables (01-0383-05-00) 1,500
1,500 Placeholder amount recommended by auditor
TOTAL MISCELLANEOUS $2,100
TOTAL REVENUE:$14,609,109