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HomeMy WebLinkAbout06/21/2005 Blue Sheet Tentative Budget Adoption TOWN COUNCIL MEETING INFORMATION TOWN OF MARANA MEETING DATE: June 21, 2005 AGENDA ITEM: IX. B. 9 TO: MAYOR AND COUNCIL FROM: Roy Cuaron, Finance Director SUBJECT: Direction/Action relatine: to Bude:et: adoption of the Fiscal 2005- 2006 Tentative Budget DISCUSSION In coordination with Mayor and Council, staff has prepared a tentative budget of $92,943,040 for fiscal 2006. 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 proposed, and as illustrated below, the tentative budget appropriates and allocates the fiscal resources necessary to implement Mayor and Council's policy directives and priorities. STAFF Total staffing is expected to increase by 40.50 full-time employees (FTE's), bringing the total number of FTE' s to 319. The following departments are expected to absorb the additional staff: · Public Safetv - $1.5 million is earmarked for the phased hiring of ten commissioned officers, fourteen dispatch operators, several support staff and the conversion to a salary step plan. The ten officer positions will allow the Town to maintain its officer to population ratio of 2.5 to 1 (thousand). The additional dispatch staff is contingent upon the Town and Northwest Fire District executing an IGA to provide dispatch services to the District and its consortium members. The District will pay 100% of the service costs. The conversion to a step plan for police will allow the Town to remain competitive in its recruitment and retention efforts. · Develooment Services - $145K programmed for an additional building inspector, plans examiner and engineering aide. These positions are necessary to maintain the commitment to customer service demanded by Council and expected of staff. · Parks & Recreation - approximately $70K budgeted for new personnel, of which $35K is programmed for expansion of the senior's program. Adoption of Tentative Budget 06/20/2005; 11:46 AM; RC · Operations & Maintenance - approximately $75K programmed for two additional staff to assist with the growing number miles, acreage, etc. to maintain. · Water - $223K budgeted for the hiring of three full-time field personnel to keep pace with the growth of the utility system. · Other Support Staff - $137K appropriated for additional support staff, including 1.5 positions in accounting/finance and one each in the Clerk and Legal departments. · General Wa2e Increase & Salarv Reclassifications - approximately $300K appropriated for a phased cost of living increase to all employees in addition to raising the salary level of selected positions. 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 $61 million, or 66%, of the tentative budget. The major components of the CIP are as follows: . Transportation - approximately $52 million of the CIP (85%) is earmarked for roadway capacity improvements; $8.8M for Cortaro Road, east ofI-I0 to the eastern town limits; $8M for Silverbell Road, from Cortaro Road to Ina; $7.0M for improvements to the Orange Grove/Thornydale intersection; $9.4M for Tangerine Farms Improvement District and $6.1M for the Twin Peaks Interchange. . Airport - $5.8M dedicated to improving runway capacity and construction of safety improvements, both of which are expected to spur economic development at the airport. . Parks & Recreation - $2.1 M budgeted for new park design and construction, including the Santa Cruz River Trail System, Continental Ranch District Park (to include bank protection) and the Tortolita Mountains Trails system. . Vehicles & EQuipment - nearly $500K appropriated to replace aging and deteriorating vehicles & equipment. Despite budget capacity, staffwill closely monitor all request for new and replacement vehicles and equipment. Other notable aspects of the Fiscal 2006 budget are as follows: · Increase of$3.4 million, or 3.76%, from FY 05 budget · Cash reserves totaling nearly $4.7 million needed to fund the proposed budget, of which $1.3 million is general fund reserves, $2.2 million is transportation fund reserves and nearly $800K is from the ~ cent sales tax fund. 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 of the tentative budget for fiscal 2006 at $92,943,040. ATTACHMENTS Revenue Forecast and Proposed Tentative Budget. RECOMMENDATION Staff recommends adoption ofthe tentative budget for fiscal 2006 in the amount of $92,943,040. SUGGESTED MOTION I move to approve the tentative budget for fiscal 2006 in the amount of $92,943,040. TOWN OF MARANA REVENUE FORECAST Adopted Proposed Budget Budget 0/0 FY05 FY06 Change Change Gross Town Sales Tax 18,942,345 23,140,122 4,197,777 22.16% (Less Transport. Fund) (5,410,913) (6,375,000) (964,088) 17.82% Net G.F. Sales Tax 13,531,433 16,765,122 3,233,689 23.90% Sales Tax 1,170,567 1,327,897 157,330 13.44 % Urban Revenue 1,247,733 1,418,744 171,011 13.71% Auto Lieu 650,000 650,000 0 0.00% Total State Shared (Other Agencies) 3,068,300 3,396,641 328,341 10.70% Bldg. & Develop. Fees 3,600,000 5,353,153 1,753,153 48.70% Fines & Forfeitures 400,000 450,000 50,000 12.50% Franchise Fees 230,000 200,000 (30,000) -13.04% Business Licenses 86,000 87,000 1,000 1.16% Investment Income 350,000 612,500 262,500 75.00% Lease Income 467,000 468,000 1,000 0.21% Park & Rec Fees 120,000 76,000 (44,000) -36.67% NWFD Dispatch Income 0 740,417 740,417 100.00% Other 130,000 130,000 0 0.00% Total Permits, Licenses and Fees 5,383,000 8,117,070 2,734,070 50.79% Total Recurring G.F. Revenues 21,982,733 28,278,833 6,296,100 28.64 % Court Fines & Fees - Amnesty Program 300,000 200,000 (100,000) -33.33% Sales Tax Audit Revenues 150,000 150,000 0 0.00% Developer Contributions 0 300,000 300,000 100.00% Special Event Revenue 100,000 0 (100,000) -100.00% Other 1,315,141 245,000 (1,070,141) -81.37% Total Non Recurring G.F. Revenues 1,865,141 895,000 (970,141) -52.01 % Total General Fund Revenues 23,847,874 29,173,833 5,325,959 22.33% Transportation Fund 5,410,913 6,375,000 964,088 17.82% 1/2 Cent Sales Tax 3,200,000 4,340,135 1,140,135 35.63% HURF 1,152,400 1,172,249 19,849 1.72% LTAF 94,280 116,881 22,601 23.97% Impact Fee Income 1,500,000 1,500,000 0 0.00% Other Agency Funds 24,306,000 25,012,100 706,100 2.91% Subtotal - Transportation 35,663,593 38,516,365 2,852,773 8.00% M.A.N.T.LS. 60,025 0 (60,025) -100.00% H.LD. T.A. 56,415 62,208 5,793 10.27% COPS 106,760 267,776 161,016 150.82% Auto Theft 62,995 69,445 6,450 10.24% CDBG/HOME 205,000 205,000 0 0.00% Airport Grants 4,387,400 5,484,750 1,097,350 25.01 % Subtotal- Grants 4,878,595 6,089,179 1,210,584 24.81 % Total Restricted Revenues 40,542,188 44,605,544 4,063,357 10.02% Water Revenues 2,561,440 3,106,976 545,536 21.30% Airport Revenue 129,000 129,000 0 0.00% Total Enterprise Funds 2,690,440 3,235,976 545,536 20.28% Bond Proceeds 2,000,000 0 (2,000,000) -100.00% Improvement Districts 8,500,000 8,000,000 (500,000) -5.88% Total Other Financing Sources 10,500,000 8,000,000 (2,500,000) -23.81 % Total Fiscal Year Income 77,580,501 85,015,353 7,434,852 9.58% Reserve Funds Transportation Fund 2,551,747 2,189,568 (362,179) -14.19% 1/2 Cent Sales Tax Fund 0 759,865 759,865 10.00% Impact Fee Funds 0 (1,637,500) (1,637,500) 100.00% Residual Bond Funds/ HELP Loan 7,000,000 4,912,500 (2,087,500) -29.82% Enterprise Fund/ether Funds 0 381,705 381,705 100.00% General Fund 2,440,996 1,321,550 (1,119,446) -45.86% Total Reserves 11,992,743 7,927,688 (4,065,055) -33.90% Total Available Resources 89,573,244 92,943,040 3,369,796 3.76% 6/20/2005 11 :40 AM :2: <( 0 ':l: ~ ;:; ~ c- o 0 '" 0 0 0 '" 0 C- O '" 00 ~ ~ 'n N 00 ~ ~ ::: 00 .,. 00 'D '" 0 00 0 00 .,. 0 0 00 '" 00 ~ 'n C- C- O 0 0 or. :;1; 0 '" 00 ~ N '" '" C- OO ~ :;1; 00 C- ~ 0 .,. .,. 00 .,. .,. 0 0 00 00 a, N 0 ~ '" 0 ~ 0 '" .,. 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E 6 -g w~ ~ l\)a:u.~"""OU<ll ~<C ~r;S ot: ~ !l-'>O ~~XOBOu.o<ll6u~o cx~ ~~ o~~~~ ~~~g ffi~~~~~~~gE~Odo~~~2~~5l.1..l.1..~~oz~~~~~~ ~~~~~~.~~.~~~~~~~~~~~~~~[~~~~~~~.~] ~...~;:,<ro~~ro~....lo..zou"'OO~~=....lEOu~=u<~<ro e ~ ::; = .s :;: " ... ~ .. " > ~ :c ~ .!! '" ~ ~ ~ < OJ -OJ ~ '5 ~ 0 ~ u ~ " " s 005 ~~ ~~g ~E ~O;:j 0:0 B c3 8 ~ 51 .~ ~ -g .f' ~ ffi e ~ u :E B ~.5.5 0 ~ ~ :E ~ ~ g ~ ~~~~~~.~l~~j~~~~~~ ~.~~~ WO~~~=~....loroo..o..Uo..o..OOC~~U~ TOWN COUNCIL MEETING INFORMATION TOWN OF MARANA MEETING DATE: June 21, 2005 AGENDA ITEM: IX. B. 9 TO: MAYOR AND COUNCIL FROM: Roy Cuaron, Finance Director SUBJECT: Direction/Action relatin!! to Bud!!et: adoption ofthe Fiscal 2005- 2006 Tentative Budget DISCUSSION In coordination with Mayor and Council, staff has prepared a tentative budget of $92,608,040 for fiscal 2006. 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 proposed, and as illustrated below, the tentative budget appropriates and allocates the fiscal resources necessary to implement Mayor and Council's policy directives and priorities. STAFF Total staffing is expected to increase by 40.50 full-time employees (FTE's), bringing the total number ofFTE's to 319. The following departments are expected to absorb the additional staff: . Public Safetv - $1.5 million is earmarked for the phased hiring of ten commissioned officers, fourteen dispatch operators, several support statT and the conversion to a salary step plan. The ten officer positions will allow the Town to maintain its officer to population ratio of 2.5 to I (thousand). The additional dispatch staff is contingent upon the Town and Northwest Fire District executing an IGA to provide dispatch services to the District and its consortium members. The District will pay 100% oftbe service costs. The conversion to a step plan for police will allow the Town to remain competitive in its recruitment and retention efforts. . Development Services - $145K programmed for an additional building inspector, plans examiner and engineering aide. These positions are necessary to maintain the commitment to customer service demanded by Council and expected of staff. . Parks & Recreation - approximately $70K budgeted lor new personnel, of which $35K is programmed for expansion of the senior's program. Adoption of Tentative Budget 06/16/2005; 12:50 PM; RC . Operations & Maintenance - approximately $75K programmed for two additional stafl to assist with the growing number miles, acreage, etc. to maintain. . Water - $223K budgeted for the hiring of three full-time ficld personnel to keep pace with the growth of the utility system. . Other Support Staff - $137K appropriated for additional support stan; including 1.5 positions in accounting/finance and one each in the Clerk and Legal departments. . General Walle Increase & Salarv Reclassifications - approximately $300K appropriated for a phased cost of living increase to all employees in addition to raising the salary level of selected positions. Both actions reflect the Council's commitment to provide its employees a competitive wage and a work environment that losters productivity and loyalty. CAPITAL IMPROVEMENTS PLAN (CIP) The proposed CIP totals approximately $61 million, or 66%, of the tentative budget. The major components of the CIP are as follows: . Transportation - approximatcly $52 million of the CIP (85%) is earmarked for roadway capacity improvements; $8.8M for Cortam Road, east of I-I 0 to the eastern town limits; $8M for Silverbell Road, from Cortaro Road to Ina; $7.0M for improvements to the Orange Grove/Tbornydale intersection; $9.4M for Tangerine Fanns Improvement District and $6.1M for the Twin Peaks Interchange. . Airport - $5.8M dedicated to improving runway capacity and construction of safety improvements, hoth of which are expected to spur economic development at the airport. . Parks & Recreation - $2.1 M budgeted for new park design and construction, including the Santa Cruz River Trail System, Continental Ranch District Park (to include bank protection) and the Tortolita Mountains Trails system. . Vehicles & Equipment - nearly $500K appropriated to replace aging and deteriorating vehicles & equipment. Despite budget capacity, staff will closely monitor all request for new and replacement vehicles and equipment. Other notable aspects ofthe Fiscal 2006 budget are as follows: . Increase of$3.0 million, or 3.39%, from FY 05 budget . Cash reserves totaling nearly $4.2 million needed to fund the proposed budget, of which $1.4 million is general ti.md reserves, $2.0 million is transportation fund reserves and nearly $800K is from the Y, cent sales tax fund. 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 of the tentative budget for fiscal 2006 at $92,608,040. ATTACHMENTS Revenue Forecast and Proposed Tentative Budget. RECOMMENDATION Staffrccommcnds adoption of the tentative budget for fiscal 2006 in the amount of $92,608,040. SUGGESTED MOTION I move to approve the tentative budget for fiscal 2006 in the amount of $92,608,040. TOWN OF MARANA REVENUE FORECAST Adopted Proposed Budget Budget % FY05 FY06 Change Change Gross Town Sales Tax 18,942,345 23,140,122 4,197,777 22.16% (I.ess Transport Fund) (5,410,913) (6,375,000) (964,088) 17.82% Net G.F. Sales Tax 13,531,433 16,765,122 3,233,689 23.90% Sales Tax 1,170,567 1,327,897 157,330 13.44% Urban Revenue 1,247,733 1,418,744 171,011 13.71% Auto Lieu 650,000 650,000 0 0.00% Total State Shared (Other ARencies) 3,068,300 3,396,641 328,341 10.70% Bldg, & Develop, Fees 3,600,000 5,353,153 1,753,153 48.70% Fines & Forfeitures 400,000 450,000 50,000 12.500/0 Franchise Fees 230,000 200,000 (30,000) -13.04% Business Licenses 86,000 87,000 1,000 1.16% Investment Income 350,000 612,500 262,500 75,00% T ,ease Income 467,000 468,000 1,000 0.21'% Park & Rec Fees 120,000 76,000 (44,000) -36.67% NWFD Dispatch Income 0 740,417 740,417 100.00% Other 130,000 130,000 0 0.00% Total Permits, Licenses and :Fees 5,383,000 8,117,070 2,734,070 50.79% Total Recurring G.F. Revenues 21,982,733 28,278,833 6,296,100 28.64% Court Fines & Fees - Amnesty Program 300,000 200,000 (100,000) -33.33'% Sales Tax Audit Revenues 150,000 150,000 0 0.00% Developer Contributions 0 300,000 300,000 #DIV/O! Special Event Revenue 100,000 0 (100,000) ~100.00% Other 1,315,141 245,000 (1,070,141) -81.37% Total Non Recurring G.F. Revenues 1,865,141 895,000 (970,141 ) ~52.01 % Total General Fund Revenues 23,847,874 29,173,833 5,325,959 22.33% Transportation Fund 5,410,913 6,375,000 964,088 17.82% 1/2 Cent Sales Tax 3,200,000 4,340,135 1,140,135 35.63% HURF 1,152,400 1,172,249 19,849 1.720/0 L:1M 94,280 116,881 22,601 23.97% Impact Fee Income 1,500,000 1,500,000 0 0.00% Other Agency Funds 24,306,000 25,012,100 706,100 2.91% Subtotal - Tnnsportatioll 35,663,593 38,516,365 2,852,773 8.00% MAN.T.LS. 60,025 0 (60,025) -100.00% H,LD,TA 56,415 62,208 5,793 10.27% COPS 106,760 267,776 161,016 150.82% Auto Theft 62,995 69,445 6,450 10.24% CDBG/HOME 205,000 205,000 0 0.00% Airport Grants 4,387,400 5,484,750 1,097,350 25.01% Subtotal. Grants 4,878,595 6,089,179 1,210,584 24.81% Total Restricted Revenues 40,542,188 44,605,544 4,063,357 10.02% Water Revenues 2,561,440 2,981,976 420,536 16.42% Airport Revenue 129,000 129,000 0 0.00% Total Enterprise Funds 2,690,440 3,110,976 420,536 15.63% Bond Proceeds 2,000,000 0 (2,000,000) -100.00% Improvemenl Distr1t.:lS 8,500,000 8,000,000 (500,000) ~5.88% T utal Other Financing Sources 10,500,000 8,000,000 (2,500,000) ~23.81 % Total Fiscal Year Income 77,580,501 84,890,353 7,309,852 9.42% Reserve Funds Transportation Fund 2,551,747 1,979,568 (572,179) ~22.42% 112 Cent Sales Tax Fund 0 759,865 759,865 10.00%, Impact Fee Funds 0 (1,637,500) (1,637,500) 100.00% Residual Bond Funds/ HELP Loan 7,000,000 4,912,500 (2,087,500) ~29.82% Reserves 2,440,996 1,703,255 (737,741) -30.22% Total Reserves 11,992,743 7,717,688 (4,275,055) ~35.65% Total Available Resources 89,573,244 92,608,040 3,034,796 3.39% 6/16/2005 12:16 PM "! ~ " o o ", ~ '" 00 " " M . 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