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HomeMy WebLinkAbout06/06/2006 Blue Sheet 2006-2007 Tentative Budget Adoption TOWN COUNCIL MEETING INFORMATION TOWN OF MARANA MEETING DATE: June 6, 2006 AGENDA ITEM: J. 1 TO: MAYOR AND COUNCIL FROM: Roy Cuaron, Finance Director SUBJECT: Resolution No. 2006-74: Relating to Budget; adoption of the Fiscal 2006-2007 Tentative Budget DISCUSSION In coordination with Mayor and Council, staff has prepared a tentative budget of $128,043,810 for fiscal 2007. The tentative budget establishes the maximum spending limits for the fiscal year. Upon adoption of the tentative budget, state statute requires that it be published for two consecutive weeks. Council will then hold a public hearing and adopt the final budget. The final budget may not exceed the spending limits imposed by the tentative budget. However, Mayor and Council may reallocate funding among departments and/or programs. As illustrated below, the proposed budget appropriates funding to meet the prioritized needs of the community consistent with the goals and objectives ofthe Council. STAFF Total staffing is expected to increase by thirteen (FTE's), bringing the total number of FTE's to 333. The following departments are expected to absorb the additional staff: · Public Safetv - approximately $850K is earmarked for the hiring of six commissioned officers, including an assistant chief of police, and three support staff. The additional officers will allow the Town to maintain its officer to population ratio of 2.5 to 1. · Development Services - $233K programmed for a subdivision engineer, a CIP manager and support staff. These positions are necessary to maintain the commitment to customer service demanded by Council and expected of staff. · Parks & Recreation - approximately $1 05K budgeted for new maintenance personnel to support new parks expected to be completed/absorbed by the Town. · Water - $239K budgeted for the hiring of three full-time field personnel and a half-time support staff to keep pace with the growth of the utility system. Adoption of Tentative Budget 05/31/2006; 3:39 PM; RC · Other Support Staff - approximately $200K appropriated for additional support staff, including two positions in Accounting/Finance, one in Human Resources and a half-time support staff in the Legal department. · General Walle Increase & Salarv Reclassifications - approximately $400K appropriated for a 2.5% cost of living increase for all employees in addition to a 2.5% merit opportunity. Both actions reflect the Council's commitment to provide its employees a competitive wage and a work environment that fosters productivity and loyalty. CAPITAL IMPROVEMENTS PLAN (CIP) The proposed CIP totals approximately $87.6 million, or 72%, of the tentative budget. The major components of the CIP are as follows: . Transportation - approximately $72 million of the CIP (77%) is earmarked for roadway capacity improvements; $5.4M for Cortaro Road, east of 1-10 to the eastern town limits; $6.4M for Silverbell Road, from Cortaro Road to Ina; $7.0M for improvements to the Orange Grove/Thornydale intersection; $29.7M for Tangerine Farms Improvement District and $8.2M for the Twin Peaks Interchange. . Airport - $11.6M dedicated to improving runway capacity and construction of safety improvements, both of which are expected to spur economic development at the airport. . Parks & Recreation - $4.8M budgeted for new park design and construction, including the Cortaro Silverbell District Park, the Heritage Park and the Tortolita Mountains Trails system. . Vehicles & Eauipment - nearly $1.3M appropriated to replace aging and deteriorating vehicles & equipment. Despite budget capacity, staffwill closely monitor all request for new and replacement vehicles and equipment. A summary version of the tentative budget is attached. Staff is confident the proposed tentative budget reflects effective and prudent use of its fiscal resources and meets the policy direction and vision of Mayor and Council. Accordingly, staff recommends adoption ofthe tentative budget for fiscal 2006 at $128,043,810. ATTACHMENTS Proposed Tentative Budget, Revenue Forecast, Auditor General Forms. RECOMMENDATION Staff recommends adoption of the tentative budget for fiscal 2006 in the amount of $128,043,810. SUGGESTED MOTION I move to approve Resolution No. 2006-74. MARANA RESOLUTION NO. 2006-74 RELATING TO BUDGET; ADOPTING THE FISCAL 2006-2007 TENTATIVE BUDGET. WHEREAS, on June 6, 2006, the Marana Town Council did make an estimate of the different amounts required to meet the public expenditures/expenses for the 2006- 2007 fiscal year and did estimate the revenues to be received from sources other than direct taxation; and WHEREAS, the Marana Town Council will hold a public meeting on June 20, 2006, following due public notice where taxpayers may appear to support or oppose the proposed expenditures/expenses of tax levies; and WHEREAS, the sums to be raised by taxation as specified in the budget attached hereto as Exhibit A, may not exceed in the aggregate amount, the expenditure limitation to be set by the Council on June 20, 2006. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, that the budget setting forth the estimates of revenues and expenditures/expenses, attached as Exhibit A, as increased, decreased or changed by the Town Council, is hereby adopted as the final budget for the Town of Marana for the fiscal year 2006-2007. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 6th day of June, 2006. Mayor Ed Honea ATTEST: APPROVED AS TO FORM: Jocelyn C. Bronson, Town Clerk Frank Cassidy, Town Attorney I- W C) o <(::) ZlOr-- <(~~:% ,=,~g 10 N :i:__.liCi! XZI-O W:>CU) :>wi! OU) 1-0 0. o 0:: 0. .. ~ oe g Q~~ ~~ <oj,.. ~...l Qi _ 0 = 0-= - .. " ... ...:,.. t to ~ ..c 5 ; o ~fo. ll. "'" ...l .. " [jj.:l: ] " ,.. ~~~08~~ t; 0\00 0\ lrl t""'It---N '" ~~?ir---~~~~oo~~ ~ ~~M~~~r--- 5- N,", '" o '" '0 on '" " ~ o '0 '" '0' '" '" ~ ...: ~ o '0 '" '" '" ~<oj =~ =0 u:= o '" ~ ~ ~1 e- " :.(fo. o o "l ~ ,,: Bog .. " ~fo. g ,..; N o ~' 1: = ..,.. 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Fees 5,388,153 5,941,455 553,302 10.27% Fines & Forfeitures 450,000 600,000 150,000 33.33% Franchise Fees 200,000 200,000 0 0.00% Business Licenses 87,000 90,000 3,000 3.45% Investment Income 250,000 525,000 275,000 110.00% Lease Income 468,000 493,300 25,300 5.41% Park & Rec Fees 76,000 100,000 24,000 31.580/. NWFD Dispatch Income 740,417 0 (740,417) -100.00% Other 130,000 245,000 115,000 88.46% Total License, Fees & Permits 7,789,570 8,194,755 405,185 5.20% Total Recurring G.F. Revenues 27,951,333 30,473,189 2,521,856 9.02% Court Fines & Fees - Amnesty Program 200,000 0 (200,000) -100.00% Sales Tax Audit Revenues 150,000 150,000 0 0.00% Developer Contributions 300,000 0 (300,000) -100.00% Other 320,000 591,245 271,245 84.76% Total Non Recurring G.F. Revenues 970,000 741,245 (228,755) -23.58% Total General Fund Revenues 28,921,333 31,214,434 2,293,101 7.93% Transportation Fund 6,375,000 9,000,000 2,625,000 41.18% 1/2 Cent Sales Tax 4,340,135 394,008 (3,946,127) -90.92% HURF 1,112,249 2,060,300 888,051 75.76% LTAF 116,881 138,250 21,369 18.28% Impact Fee Income 1,500,000 4,297,525 2,797,525 186.50% Other Agency Funds 25,012,100 30,023,300 5,011,200 20.04% Investment Income 362,500 993,750 631,250 174.14% Subtotal - Transportation 38,878,865 46,907,133 8,028,268 20.65% M.A.N.T.I.S. 0 56,360 56,360 100.00% H.I.D.T.A. 65,602 0 (65,602) -100.00% COPS 282,234 0 (282,234) -100.00% Auto Theft 70,260 56,360 (13,900) -19.78% CDBGIHOME 205,000 373,450 168,450 82.17% Airport Grants 5,484,750 7,161,300 1,676,550 30.57% Subtotal - Grants 6,107,846 7,647,470 1,539,625 25.21 % Total Restricted Revenues 44,986,711 54,554,603 4,444,52~ 9.88% Water Revenues 3,106,976 5,169,710 2,062,734 66.39% Airport Revenue 129,000 138,800 9,800 7.60% Total Enterprise Funds 3,235,976 5,308,510 2,012,534 64.05% Improvement Districts 8,000,000 29,698,005 21,698,005 271.23% Total Other Financing Sources 8,000,000 29,698,005 21,698,005 271.23% Total Fiscal Year Revenues 85,144,019 120,775,552 30,508,163 35.83% Reserve Funds Transportation Fund 2,189,568 601,261 (1,588,307) -12.54% 1/2 Cent Sales Tax Fund 759,865 1,155,992 396,127 52.13% Impact Fee Funds (1,637,500) ( 1,624,825) 12,675 -0.77% Residual Bond Funds/ HELP Loan 4,912,500 6,868,750 1,956,250 39.82% Enterprise Fund/Other Funds 381,705 579,580 197,875 51.84% General Fund 1321550 (312,500) (1,634,050) -123.65% Total Reserves 7,927,688 7,268,258 (659,430) -8.32% Total Available Resources 93,071,707 128,043,810 34,912,103 37.58% 5/31/2006 2:32 PM III CII III C CII It w l ;:, ... :c C CII a. >C W '0 c(C,,"" Zlllq c(IIlCO 0:: ClIO c(;:'o ,_iN - > .. _ CII I -'_0:: >- z'O- :>C111l1 :>...u O III III E- .... ._ LL ... 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'2 Q, '" ~ '" .c o c ~ 'a 'a C '" .. ~ s ~ & e Q, i o c '" ~ 'a C ~ i U GI .c ... m c( w oJ :J o W J: o U) TOWN OF MARANA Summary by Fund Type of Revenues Other Than Property Taxes Fiscal Year 2006-07 ESTIMATED ACTUAL ESTIMATED REVENUES REVENUES REVENUES SOURCE OF REVENUES 2005-06 2005-06* 2006-07 GENERAL FUND Local taxes Sales Tax $ 16,915,122 $ 17,639,147 $ 17,217,929 Licenses and permits Building & Development Fees 5,388,153 5,617,200 5,941,455 Business License Fees 87,000 87,000 90,000 Franchise Fees 200,000 200,000 200,000 Intergovernmental State Shared Sales Tax 1,327,897 1,327,900 2,192,745 Urban Revenue 1,418,744 1,418,745 2,342,760 Auto Lieu 650,000. 650,000 675,000 Charges for services Park & Recreation Fees 76,000 76,000 100,000 Dispatch Fees 740,417 Other Miscellaneous Charges 130,000 175,000 245,000 Fines and forfeits Court Fines & Fees 650,000 565,000 600,000 Interest on investments Investment Income 250,000 600,000 525,000 Contributions Developer Contributions 300,000 Miscellaneous Other Miscellaneous Income 320,000 500,000 591,245 Lease Income 468,000 468,000 493,300 Total General Fund $ 28,921,333 $ 29,323,992 $ 31,214,434 SPECIAL REVENUE FUNDS Highway User Revenue Fund HURF Revenues $ 1,172,249 $ 1,175,000 $ 2,060,300 Total Highway User Revenue Fund $ 1,172,249 $ 1,175,000 $ 2,060,300 Local Transportation Assistance Fund L T AF Revenues $ 116,881 $ 120,000 $ 138,250 Total Local Transportation Assistance Fund $ 116,881 $ 120,000 $ 138,250 '4rant Funds M.A.N.T.I.S. $ $ 45,000 $ 56,360 H.I.D.T.A. 65,602 COPS 282,234 200,000 4/06 SCHEDULE C Page 1 of 2 '~."~,",,~..~._-~,-~". _'''^"''''~''--='''~,"",,"~~~''.''''~"''''-~--~-~~~-~'~'' 4/06 SCHEDULE C Page 2 of 2 TOWN OF MARANA Summary by Fund Type of Other Financing Sources/<Uses> and Interfund Transfers Fiscal Year 2006-07 OTHER FINANCING INTERFUND TRANSFERS 2006-07 2006-07 FUND SOURCES <USES> IN <OUT> GENERAL FUND Series 1997 Bonds $ $ $ $ 664,311 Series 2003 Bonds 1,149,660 Series 2004 Bonds 537,118 Airport Fund 768,454 Total General Fund $ $ $ $ 3,119,543 SPECIAL REVENUE FUNDS $ $ $ $ Total Special Revenue Funds $ $ $ $ DEBT SERVICE FUNDS Series 1997 Bonds $ $ $ 664,311 $ Series 2003 Bonds 1,149,660 Series 2004 Bonds 537,118 Total Debt Service Funds $ $ $ 2,351,089 $ CAPITAL PROJECTS FUNDS Tangerine Farms Improvement District $ 29,698,005 $ $ $ Total Capital Projects Funds $ 29,698,005 $ $ $ ENTERPRISE FUNDS Airport Fund $ $ $ 768,454 $ Total Enterprise Funds $ $ $ 768,454 $ TOTAL ALL FUNDS $ 29,698,005 $ $ 3,119,543 $ 3,119,543 4/06 SCHEDULE D TOWN OF MARANA Summary by Department of Expenditures/Expenses Within Each Fund Type Fiscal Year 2006-07 ADOPTED EXPENDITURE! BUDGETED EXPENSE ACTUAL BUDGETED EXPENDITURES/ ADJUSTMENTS EXPENDITURES/ EXPENDITURES/ EXPENSES APPROVED EXPENSES EXPENSES FUND/DEPARTMENT 2005-06 2005-06 2005-06* 2006-07 GENERAL FUND General Government $ 2,866,664 $ $ 1,800,000 $ 2,374,454 Mayor & Council 164,407 175,000 234,342 Town Manager 1,605,133 1,400,000 1,469,625 Town Clerk 246,390 225,000 412,554 Human Resources 867,358 393,000 639,940 Accounting & Finance 377,525 363,430 551,661 Legal 427,565 402,565 572,371 Building Services 1,243,312 1,225,200 1,308,870 Planning & Zoning 1,300,778 1,083,225 1,410,947 Police 7,378,576 7,642,000 8,246,590 Court 641,431 625,000 733,520 Parks & Recreation 2,442,181 2,467,000 2,959,154 Public Works 3,425,265 2,865,000 2,715,068 Operations & Maintenance 2,038,748 1,405,700 1,852,222 Geographic Information Systems 478,844 372,000 419,368 Information Technology 562,488 627,180 1,726,055 Community Development 50,000 . 100,000 Total General Fund $ 26,116,665 $ $ 23,071,300 $ 27,726,741 SPECIAL REVENUE FUNDS HURF - Operations & Maintenance $ 1,172,249 $ $ 1,172,000 $ 2,060,300 L T AF - General Government 71,000 71,000 75,000 L T AF - Operations & Maintenance 45,880 45,000 63,250 CDBG - Community Development 255,000 313,450 HOME - Community Development 122,173 MANTIS - Police 45,000 56,360 HrbTA - Police 62,208 60,000 COPS - Police 267,776 260,000 Auto Theft - Police 69,445 70,000 56,360 Rico - Police 26,931 JCEF - Court 15,000 L TEF - Court 43,700 25,000 81,565 Fill the Gap - Court 5,000 Total Special Revenue Funds $ 1,987,258 $ $ 1,748,000 $ 2,875,389 DEBT SERVICE FUNDS Series 1997 Bonds $ 659,920 $ $ 659,920 $ 664,311 Series 2003 Bonds 1,137,756 1,137,756 1,149,660 Series 2004 Bonds 535,500 535,500 537,118 Total Debt Service Funds $ 2,333,176 $ $ 2,333,176 $ 2,351,089 CAPITAL PROJECTS FUNDS Transportation Fund $ 9,870,206 $ $ 7,000,000 $ 9,938,761 Park Impact Fees 3,047,700 1/2 Cent Sales Tax 5,150,000 2,500,000 1,700,000 Help Loan 5,000,000 7,000,000 Other Agency Funds 25,012,100 10,000,000 30,023,300 Tangerine Farms Improvement District 8,000,000 500,000 29,698,005 Total Capital Projects Funds $ 53,032,306 $ $ 20,000,000 $ 81,407,766 ENTERPRISE FUNDS Water Fund $ 3,406,976 $ $ 3,070,000 $ 5,614,271 Airport Fund 6,176,659 3,951,970 8,068,554 Total Enterprise Funds $ 9,583,635 $ $ 7,021,970 $ 13,682,825 TOTAL ALL FUNDS $ 93,053,040 $ $ 54,174,446 $ 128,043,810 * Includes actual expenditures/expenses recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated expenditures/expenses for the remainder of the fiscal year. 4/06 SCHEDULE E .. 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