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Home My WebLink AboutResolution 2014-059 FY2014-2015 Final BudgetMARANA RESOLUTION NO. 2014-059 'MARANA'S FISCA1, YEAR 2014- 4 REI_,A.T1NG'I'O BUDGET ADOPTING , ri-a''YOWN Of J 2015 FINAL BUDGET WHEREAS in accordance with the provisions of Title 42, Chapter 17, Articles 1-5, Arizona Revised Statutes (A.R.S. the Marana Town Council did, on Ma 20, 2014, make an estimate of the different amounts re to meet the public expenditures/expenses for the ensuin y ear, also an estimate of revenues from sources other than direct taxation, and the amount to be raised b taxation upon real and personal propert of the Town of Marana and WHEREAS in accordance with said chapter of said title, andf011OWiD due public notice, the Council met on June 17, 2014, at which meetin an taxpa was privile to appear and be heard in favor of or a an of the proposed expenditures/expenses or tax levies and WHEREAS it appears that publication has been dul made as re b law, of said estimates to with a notice that the Town Council would meet on June 17, 2014, at the . office of the Council for the purpose of hearin taxpa and makin tax levies as set 1� rth in said estimates and WHEREAS it appears that the sums to be raised b taxation, as specified therein, do not in the a exceed that amount as computed in A.R. S. § 42-1705 1 ( A ) . NOW, THEREFORE, BE IT RESOLVED b the Ma and Council of the Town of Marana, Arizona, that the said estimates of revenues and expenditures/expenses shown on the accompan schedules, attached hereto as Exhibit A and incorporated herein b this reference, as now increased, reduced, or chan are hereb adopted as the bud of the Town of Marana for the fiscal y ear 2014-2015. PASSED AND ADOPTED b the Ma and Council of T own the own of Marana, Arizona, this 17"' da of June 2014. the I 1 11 Ma d Honea I 0 el C. -onson, Town Clerk Maratia Resolution No. 2014-059 APPROV F"'D AS TO FORM: F VCassid Town Attorne (qtRA MA Exhibit A TOWN OF MARANA Summary Schedule of Estimated Revenues and Expenditures /Expenses Fiscal Year 2015 ESTIMATED ADOPTED FUND REVENUES TOTAL BUDGETED ACTUAL BALANCE) OTHER THAN FINANCIAL BUDGETED EXPENDITURES/ EXPENDITURES/ NET PROPERTY TAX PROPERTY OTHER FINANCING 1NTERFUND TRANSFERS RESOURCES EXPENDITURES/ EXPENSES* EXPENSES' POSITION*** REVENUES TAXES 2015 2015 AVAILABLE EXPENSES FUND 2014 2014 July 1, 2014* 2015 2015 SOURCES <USES> IN <OUT> 2015 2015 1. General Fund Primary: $ 31,393,939 $ 29,120,681 $ 22,688,360 $ $ 35,406,054 $ $ $ $ 2,699,396 $ 55,395,018 $ 37,706,658 2. Special Revenue Funds Secondary: 10,006,312 5,933,265 6 490,514 5,105,749 200,000 11 8 3. Debt Service Funds Available 8,453,732 8453,732 2,547,922 2,468,398 4,523,509 9,639,829 8,412,679 4. Less: Amounts for Future Debt Retirement 5. Total Debt Service Funds 8 8,453,732 2,647,922 2,468,398 4 9 8,412,679 6. Capita! Projects Funds 20,092,566 9 18,068,293 35,373,280 7 2 55 58,491,418 38,816,401 7. Permanent Funds 8. Enterprise Funds Available 12,935,675 7,178,248 1,073,884 8,868,703 629,415 203,373 10 19 9. Less: Amounts for Future Debt Retirement 10. Total Enterprise Funds 12,935 7 1,073,884 8,868,703 629,415 203,373 10,368,629 19,774,059 11. Internal Service Funds 124,040 3,754,865 3,878,905 3,754,865 12. TOTAL ALL FUNDS $ 82,882,224 $ 59,829,311 $ 50,652,773 $ 490,514 $ 90,977,049 $ 7,540,000 $ $ 5,352,924 $ 5,352,924 $ 149,520,336 $ 116,995,119 EXPENDITURE LIMITATION COMPARISON 1. Budgeted expenditureslexpenses 2. Addlsubtract: estimated net reconciling items 3. Budgeted expend itureslexpenses adjusted for reconciling items 4. Less: estimated exclusions 5. Amount subject to the expenditure limitation 6. EEC or voter - approved alternative expenditure limitation 20'14 2015 $ 82,882,224 $ 116,995,119 82,882,224 11 6,995,119 $ 82,882,224 $ 116 $ $ =The cityltown does not levy property taxes and does not have special assessment districts for which property taxes are levied. Therefore, Schedule B has been omitted. * Includes Expenditure /Expense Adjustments Approved in current year from Schedule E. ** Includes actual amounts as of the date the proposed budget was prepared, adjusted for estimated activity for the remainder of the fiscal year. Amounts in this column represent Fund Balance /Net Position amounts except for amounts not in spendable form (e.g., prepaids and inventories) or legally or contractually required to be maintained intact (e.g., principal of a permanent fund). Page 1 of 9 4/13 SCHEDULE A TOWN OF MARANA Tax Levy and Tax Rate Information Fiscal Year 2015 Exhibit A 2014 2015 1. Maximum allowable primary property tax levy. A.R.S. §42- 17051(A) $ $ 2. Amount received from primary property taxation in the current year in excess of the sum of that year's maximum allowable primary property tax levy. A.R.S. X42-17102(A)08) 3. Property tax levy amounts A. Primary property taxes $ $ B. Secondary property taxes 422 958 49015 4 C. Total property tax levy amounts $ , 4. Property taxes collected* A. Primary property taxes (1) Current year's levy $ (2) Prior years' levies (3) Total primary property taxes $ B. Secondary property taxes (1) Current year's levy $ 422,958 (2) Prior years' levies (3) Total secondary property taxes $ 422,958 C. Total property taxes collected $ 422,958 5. Property tax rates A. City /Town tax rate (1) Primary property tax rate (2) Secondary property tax rate 2.8000 2.8000 (3) Total city/town tax rate 2.8000 2.8000 B. Special assessment district tax rates Secondary property tax rates - As of the date the proposed budget was prepay( city/town was operating four special assessment districts for whi property taxes are levied. For information pertaining to these special assessmE and their tax rates, please contact the city/town. * Includes actual property taxes collected as of the date the proposed budget was prepared, plus estimated property tax collections for the remainder of the fiscal 4113 SCHEDULE B Page 2of9 TOWN OF MARANA Revenues Other Than Property Taxes Fiscal Year 2015 SOURCE of REVENUES GENERAL FUND Local taxes Sales taxes Licenses and permits Exhibit A ESTIMATED ACTUAL ESTIMATED REVENUES REVENUES* REVENUES 2014 2014 2015 $ 19,49 $ 20, 044,274 $ 21,034, 795 and develop ent fees 2 544 000 2 2 . Building Business and license fees 144 725 1 57 168 Franchise fees 325, 00 331 J75 350 Other licenses and fees 180 211 185 2251 00 Intergovernmental State shared sales taxes 3,020,895 w 2,900,059 3 Urban revenue shari 3 3,861,417 4 Auto lieu 1 917 1,326,045 1 Other 10,000 1 1 - ,706 - 10,004 Charges for services Charges for services 396,7D1 400,668 398 Fines and forfeits Court fines and fees 625,000 578,125 595 Interest on investments Investment income 100 143 175,000 Contributions Voluntary contributions 116, 525 117,690 125 Miscellaneous Other miscellaneous 504 570 519,203 551 Total General Fund $ 32 $ 33 $ 35,406,054 Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 4/13 SCHEDULE C Page 3of9 TOWN OF MARANA Revenues Other Than Property Taxes Fiscal Year 2015 SOURCE OF REVENUES MATI NO! hi, to] am 2111L 111%1 Exhibit A ESTIMATED ACTUAL ESTIMATED REVENUES REVENUES' REVENUES 2014 2014 2015 development block grants $ 2 $ 391 $ 215,000 . Community Affordable housin revolvin 100 100 Other rants and contributions 829,128 853 1,270,613 Highway user revenue 213.341654_ 2 2 $ 5 $ 3,509,687 $ 4 Local JCEF $ 14,000 $ 14 $ 14,000 Fill the GAP 4 4,040 4 Local technology enhancement 118,000 119 118 $ 136,000 $ 137,360 $ 136 Bed tax $ 754,269 $ 882 $ 919,413 $ 754,269 $ 882 $ 919,413 Total Special Revenue Funds $ 6,853,946 $ 4 $ 5 ' Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. DEBT SERVICE FUNDS Tangerine farms road improvement district $ 2 $ 2,168,257 $ 2 Gladden farms CFD debt 329 316 31 0 Saguaro springs CFD debt 2 $ 2 $ 2,484,909 $ 2 Total Debt Service Funds $ 2 $ 2 $ 2 CAPITAL PROJECTS FUNDS Transportation $ 2 $ 4,917,297 $ 5 Impact fee funds 329 846 733,083 2 Other capital pr2jects 2 1 10 Downtown reinvesement fund 329,846 136,494 125,000 $ 5,084,706 $ 8 $ 18, 537, 505 Pima County bond fund $ 319 740 $ 243 $ 35 Regional transportation authority fund 10, 366, 806 2,488,033 16,526, 839 Tangerine farms road improvement district 60 56,400 35,000 $ 10 $ 2 $ 16, 596, 839 4113 SCHEDULE C Page 4 of 9 TOWN of MARANA Revenues other Than Property Taxes Fiscal Year 2015 SOURCE OF REVENUES Exhibit A ESTIMATED ACTUAL ESTIMATED REVENUES REVENUES* REVENUES 2014 20'14 2015 Gladden farms CFD capital $ 37 $ 35,242 77 Gladden farms 11 CFD capital Vanderbilt CFD capital 25,369 23,847 27 Saguaro springs CFD ca ital 193,821 182 134 $ 256,681 $ 241 $ 238,936 Total Capital Projects Funds $ 16,087,933 $ 9 $ 35,373,280 Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. ENTERPRISE FUNDS Water utility $ 4,015,588 $ 3 $ 4 Airport 1 379,678 2,901,313 Wastewater utility 1 1,478,491 1 $ $ $ 8,868,703 5,632, 822 7 960 Total Enterprise Funds $ 7,268,960 $ 5 $ 8 ' Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. INTERNAL SERVICE FUNDS Health Benefits $ $ $ 3,498,046 Dental Benefits 256 $ $ $ 3,754,865 Total Internal Service Funds $ $ $ 3,754,865 TOTAL ALL FUNDS $ 65,432 $ 55,796,246 $ 90 Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 4113 SCHEDULE C Page 5 of 9 ENTERPRISE FUNDS Water Utility $ $ $ 203 Air ort 273,636 Wastewater Utility 355 779 Total Enterprise Funds $ $ $ 629 $ - 203 - TOTAL ALL FUNDS $ 71 500, 000 $ $ 5, 352, 924 $ 5 4/13 SCHEDULE D Page 6of9 Exhibit A TOWN OF MARANA Other Financing Sources /<Uses> and Interfund Transfers Fiscal Year 2015 OTHER FINANCING INTERFUND TRANSFERS 2015 2015 FUND SOURCES <USES> IN <OUT> GENERAL FUND Series 1997 debt $ $ $ $ 140 Series 2004 debt 665 1 128 Series 2008 debt - 547,61 Series 2013 debt 872 Local Transportation Assistance Fund 100 Other grants 100 Airport 273 Total General Fund $ $ $ $ 2699,396 SPECIAL REVENUE FUNDS Other grants $ $ $ 160, 000 $ Transit 10 000 Total Special Revenue Funds $ $ $ _ 200 $ DEBT SERVICE FUNDS Series 1997 debt $ $ $ 344 Series 2004 debt _ 66511.28__- Series 2008 debt 2 Series 20 debt 872 Total Debt Service Funds $ $ $ 4 523, 509 - -- $ CAPITAL PROJECTS FUNDS South Trans portion Impact Fee $ $ $ $ 605 North East Transportation I Fee 524,470 Transportation 864 Other Capital Projects 355,779 Gladden Farms CFD 1100010.00 Saguaro Springs CFD 21000,000 Water Utilit 2 - Utilit 2 , Wastewater Total Capital Proiects Funds $ 7,500,000 $ $ $ . 2,450 - - - - -- ENTERPRISE FUNDS Water Utility $ $ $ 203 Air ort 273,636 Wastewater Utility 355 779 Total Enterprise Funds $ $ $ 629 $ - 203 - TOTAL ALL FUNDS $ 71 500, 000 $ $ 5, 352, 924 $ 5 4/13 SCHEDULE D Page 6of9 TOWN OF MARANA Expenditures /Expenses by Fund Fiscal Year 2015 Exhibit A Page 7 of 9 4113 SCHEDULE E ADOPTED EXPENDITURE/ BUDGETED EXPENSE ACTUAL BUDGETED EXPENDITURES/ ADJUSTMENTS EXPENDITURES/ EXPENDITURES/ EXPENSES APPROVED EXPENSES` EXPENSES FUND /DEPARTMENT 2014 2014 2014 2015 GENERALFUND Non-departmental $ 639 $ $ 614,356 $ 615,675 Mayor and council 289,568 277,985 291,166 Town manager 1,132,887 1 1,403,427 Town clerk 254,217 244 048 - 273,052 Human resources 644 618 _ 747 Finance 948 294 910 362 1,065 Legal 737 - 707 768,292 Technology services 2 057 719 1,995,987 2,130 538 Economic and tourism developm 168 Development services admin 269,171 258 214 Permits and records 641 615,444 522 Building safet 802,707 r 770 599 850 989 Planning 585 561 769 704,711 Engineering 1 973 476 175,840 2,063,343 2 Police 10 10 271 726 11 Courts 988 949 1 ,019,116 Public services admin T 436 41%508 142 187 Public works 2,273,330 2,205 2 Parks and recreation 3 2,926 120 3 Community development 374,484 _ 363,249 358 Capital outlay 1 298 032 w 1 1,117 Contingency 1,500 000 (235,840) 5,000,000 Total General Fund $ 31 453 939 $ (60 $ _ 291201681 - $ 37,706 SPECIAL REVENUE FUNDS Highway user revenue $ 4,487,611 $ $ 3 - $ 4 Transit 100,000 960 100,000 affordable housing 70 67,200 70 _Revolving Local JCEF 53 000 67 Fill the GAP 34 38 500 Local technolo 373,598 59,428 434,282 development block g ran 2 391 _ 215,000 _Community Bed tax 754 60,000 692 _ 1,088,702 Other grants and contributions 1 1,31 8,498 1 1 655,799 Total Special Revenue Funds $ 9,946,312 $ 60,000 $ 5 $ 8,530,457 DEBT SERVICE FUNDS Series 1997 debt $ 347,840 $ $ 347 $ 346 Series 2003 debt 1,380,229 1 380 229 Series 2004 debt 657 775 657,775 667,625 Series 2008 debt 3 3,154 628 2 Series 2013 debt 1,849,875 Tangerine farms ID debt 2 2,212,507 2,155,388 Gladden farms CFD debt 700,753 700 703 Saguaro springs CFD debt 44 Total Debt Service Funds $ 8,453,732 $ $ _ 8 $ 8,412 CAPITAL PROJECTS FUNDS Transportation - $ 2 $ $ 2,788,737 $ 5,728,389 1/2 cent sales tax 531 31,905 685,825 Impact fee funds 2,883 1,441,854 1,929,496 Tangerine farms ID 60 51,600 35,000 Other capital projects 591,904 568,228 10,806,146 Downtown reinvestment fund 125 120 223,250 Pima County bond fund _ 319,740 306,950 35,000 Regional transportation authority 10,366 3 16,078 CFD capital 2Lojects 2 369,397 Gladden farms CFD 1,124,184 Gladden farms 11 CFD 478 Saguaro springs CFD _ 30,189 Vanderbilt farms CFD 2,139,500 Total Capital Projects Funds $ 20,092,566 $ $ 9 $ _ 38 ENTERPRISE FUNDS Water utility $ 7,100,439 $ $ 4,816,421 $ 8,568,111 Airport 1,848.485 _ 574 _ 3,298 Wastewater utility 3 1 7,907 Total Enterprise Funds $ 12,935,675 $ $ 7 $ 19 774 059 INTERNAL SERVICE FUNDS Health Benefits $ $ $ $ 3,498,046 Dental Benefits _ 256 1819 Total Internal Service Funds $ $ $ $ 3,754,865 TOTAL ALL FUNDS $ 82,882,224 $ $ 59,829,311 $ 116,995,119 * 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. Page 7 of 9 4113 SCHEDULE E DEPARTMENT /FUND Town Manaaer: TOWN OF MARANA Expend itu res /Expenses by Department Fiscal Year 2015 ADOPTED EXPENDITURE/ BUDGETED EXPENSE ACTUAL EXPENDITURES/ ADJUSTMENTS EXPENDITURES/ EXPENSES APPROVED EXPENSES* 2014 2014 2014 Exhibit A BUDGETED EXPENDITURES/ EXPENSES 2015 General Fund $ 1 7 887 $ $ 1 1 087 1 572 $ 1 ,398,427 Bed Tax Fund 20,571 19,748 51 Department Total $ 1 1 153,458.. $ $ 1,107,320 $ _ - - - - -1 :450,235 Economic and Tourism Development: General Fund $ 39 $ $ 383,216 167,770 Bed Tax Fund 47,000 _ 45,0 -- 244 Department Total $ w 446184 $ $ 428336 $ 412,654 Police: General Fund $ 10,589,408 $ $ ..... ... .. .. 10,271,726 $ 11 Other Grants 782,829 289,645 495 Department Total $ 11,372,237 $ $ 10,561,371 11,955,984 Court: General Fund $ 988 $ $ 949, 329 $ 1 Local JCEF 53,000 -- 57000 Fill the Ga 34 38,500 Local Tech Enhancement 373 598 59,48 434 Department Total $ 1,449,982 $ $ 1 008 757 $ _ - _ _. 1... ..541,898 Public Works: General Fund $ 2 $ $ 2 $ 2 Hi hwa User Revenue Fund w 4 3X81.107 3,506,277 Department Total $ 6,760 $ $ 5,51.3,237_ _ $ .6,264,072 Community Development: General Fund $ 3741,484 $ $ 363,249 $ 357 CDBG 2,699,899 391 215,000 Affordable Housin 70,000 701000 -Revolving Transit 00f_.00 -- 97 100,000 Bed Tax 30,966 28 Department Total $ 3,275,349 $ $ 880 848 $ 742,147 4113 SCHEDULE F Page 8 of 9 TOWN OF MARANA Full -Time Employees and Personnel: Compensation Fiscal Year 2015 FUND GENERAL FUND SPECIAL REVENUE FUNDS Highway User Revenue Grants and Contributions Bed Tax Fund Local Technology Fund Total Special Revenue Funds ENTERPRISE FUNDS Water Wastewater Airport Total Enterprise Funds Exhibit A TOTAL ALL FUNDS 328.33 $ 20, 279, 077 $ 2,555,909 $ 3,029,395 $ 1, 053,788 = $ 26, 918,169 4113 SCHEDULE G Page 9 of 9 Total Estimated Full -Time Employee Salaries Other Benefit Personnel Equivalent (FTE) and Hourly Costs Retirement Costs Healthcare Costs Costs Compensation 2015 2015 2015 2015 2015 2015 287.93 $ 17 $ 2,284, 306 $ 2,612,706 $ 909 = $ 23,677, 712 11.20 $ 447,620 $ 47,943 $ 86,405 $ 51,410 = $ 633 219 40,4 11,098 10 280,623 1.20 80 8 `] 12 2 104,2 8 1.00 31,096 3 10, 346 1,046 45,832 13.40 $ 778,216 1 $ 100 $ 120,689 $ 64,786 = $ 1,064,101 22.00 $ 1 $ 134,203 $ 234,060 $ 56,962 = $ 1 4.00 112,380 12,027 17,728 5,738 147,873 1.00 251 24,963 44212 16,357 336,613 27.00 $ 1,630 $ 171 $ 296,000 $ 79,057 = $ 2,176,356 TOTAL ALL FUNDS 328.33 $ 20, 279, 077 $ 2,555,909 $ 3,029,395 $ 1, 053,788 = $ 26, 918,169 4113 SCHEDULE G Page 9 of 9