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Home My WebLink AboutResolution 2015-064 Adopting Marana's FY 2015-2016 Final BudgetMARANA RESOLUTION NO. 2015-064 RELATING TO BUDGET ADOPTING THE TOWN OF MARANA'S FISCAL YEAR 2015- 2016 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 19, 2015, 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, and followin due public notice, the Council met on June 16, 2015, at which meetin an taxpa was privile to appear and be heard in favor of or a an of the proposed expenditure s/expens es 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 16, 2015, at the office of the Council for the purpose of hearin taxpa and makin tax levies as set forth 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 arnount as computed in A.R.S. X42 -17051 ( 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 2015-2016. PASSED AND ADOPTED b the Ma and Council of the To n of Marana, Arizona, this 16"' da of June 2015. A lo ., n IT T onea' Ma or Ed MARANA ATTEST: J 6 c I y n C Ironson, Town Clerk Marana Resolution No. 2015-064 APPROVED AS TO FORM: Exhibit A TOWN OF MARANA Summary Schedule of Estimated Revenues and Expenditures /Expenses Fiscal Year 2016 Fiscal Year S FUNDS 6erreraFFUntl" 'Bpec!a(hevenue "' Fd15ti -- Dcar sinrv{c4 Fund C4pitafYmfects z `g- >` Permahetrt R`untl Enteryrise FAnds,Mternaf5ar»Ee Avaiable Funtls ,' " ;. Total All Funds 2015 Ado tedlAdjusted Budgeted Exte enditureVEx enses^ E 36,906.658 8,530457 8,412619 39616,401 D 19r74059 3754865 116996,119 2015 Actual EZ endituresilEx erses" E 29191836 5416839 703 8326921 0 6730144 3 63,764621 2016 Fund BalancelNst Position at Jul 1^" 50]0527 1014457 21364,909 5680499 861892 59,490489 2016 Prima Pro a Tax Le g 0 2016 Seconds Pro a Tax Le 6 E25,478.205 432267 12192] 554194 2016 Estimated Revenues Other than Pro a Taxes C S Ode 572 2,309 821 4t 791 523 0 9555 363 3,907,016 99,947 862 2016 Other Financin Sources O 0 0 5so0,000 0 10,000000 0 15,500,000 2016 Other Financing Uses D 0 0 0 0 0 0 D 0 2016 IMertuntl Transfers In ❑ D 100.000 4 0 0 6425523 0 9 2016 Interfund Transfers Out D 6 0 D 2344331 0 488863 0 1 9424,882 2016 Reduction for Amounts Net Available LESS: Amounts for due from other funds Z539.785 2,539785 Amounts for restricted grants and contributions 2044870 2,046670 Amounts for future debt retirement. 299,595 299,595 Amounts for future capital projects: 9234295 2 11855030 Amounts for future health and dental benefits: 861,892 861892 2016 Total Financial Resources Available 53682299 8,174,229 6376,309 57,199733 0 26,551]8] 3907016 157,891,313 2016 Budgeted EZ eni itureslEx enses E 40 790 534 0 174 8,376,309 57,199,733 0 26 551 78] 3,907,016 144 999,608 EXPENDITURE LIMITATION COMPARISON t. Budgeted expendtureslexpenses 2. Addlsubtract estimated net reconciling Rem: 3. Budgeted expenditures! expenses adjusted far reconciling item! 4. Less: estimated exclusions S. Amount subject to the expenditure limitation 6. EEC expenditure limitation 2015 $ 116995119 116995,119 $ 116995,119 $ 2016 S 144999608 144999608 3 144999608 $ =The city/town 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 ExpenditurelExpense Adjustments Approved in the cument yea from Schedule E. •• includes actua l amounts as of the date the proposed budget was prepared, adjusted for estimated activity for the remainder of the fiscal yea Amounts on this line represent Fund BalancelNet Position amounts except for amounts not in spendable form (e.g., prepaids and inventories) or legally orcontractually required to be maintained intact (e.g., principal of a permanentfund). Nis SCHEDULE Page 1 of 10 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 prepared, the city /town was operating four special assessment districts for which secondary property taxes are levied. For information pertaining to these special assessment districts 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 year. 4/15 SCHEDULE B Page 2 of 10 Exhibit A TOWN OF MARANA Tax Levy and Tax Rate Information Fiscal Year 2016 2015 2016 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 levv. A.R.S. 642-17102(A)08) $ 3. Property tax levy amounts A. Primary property taxes $ $ B. Secondary property taxes 490 514 554,194 C. Total property tax levy amounts $_ _.._........ 490,514 $ ® 54,194 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 $ 485,609 (2) Prior years' levies 405 (3) Total secondary property taxes $ 486,014 C. Total property taxes collected $ 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 prepared, the city /town was operating four special assessment districts for which secondary property taxes are levied. For information pertaining to these special assessment districts 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 year. 4/15 SCHEDULE B Page 2 of 10 TOWN OF MARANA Revenues Other Than Property Taxes Fiscal Year 2016 SOURCE OF REVENUES GENERALFUND Exhibit A ESTIMATED REVENUES 2016 Local taxes Sales taxes $ 21,034,795 $ 21,285,673 $ 22,674325 Licenses and permits Building and development fees 2,988,953 3,198 850 2,653,000 Business and license fees 168 00 _ ,_______ 165,850 1270,613 168 000 Franchise fees 350 000 344,675 350 000 Host Fees 225 500 189,276 350,000 Intergovernmental 925,450 _ sh sales taxes 3 159 019 3,129,090 3 339 932 _ State Urban revenue sharing_ 4 2� 31,997 4 231,997 4,209,300 Auto lieu 1,392,720 1,377,054 1,465,110 Other 10,000 79,723 85 000 Charges for services Charges for services 398,500 403,536 455 750 Fines and forfeits Court fines and fees 595,000 658,290 630,000 Interest on investments Interest 175,000 164 950 175,000 Contributions Volunta contributions 125,4 Miscellaneous Other miscellaneus 551 170 166,817 161,000 574,106 619,150 Total General Fund $ 35,406, $ 35,969,887 $ , 37,335,567 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. SPECIAL REVENUE FUNDS 4/15 ESTIMATED ACTUAL REVENUES REVENUES* 2015 2015 $ 215,000 $ 49,745 $ 215,0 10_ 0 000 _ _29,750 100,000 1270,613 549,934 1043178 30,515 50,000 _ 919,413 920,755 925,450 _ 65,000 . _15,000 4,000 _3,85_6_ 4,000 _ - 118,000 138,346 140,000 2,464 ,723 2,378_ 2,460,42 SCHEDULE C Page 3 of 10 TOWN OF MARANA Revenues Other Than Property Taxes Fiscal Year 2016 Exhibit A ESTIMATED ACTUAL ESTIMATED REVENUES REVENUES REVENUES SOURCE OF REVENUES 20 2015 2016 Total Special Revenue Funds $ 5 $ _ 4,084,754 $ 5,04 8,572 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 $ 2,155,388 $�2,216 755 $ 2,034,816 Gladden farms CFD debt 310 707 275,005 Saguaro springs CFD debt 2,303 Total Debt Service Funds $_____ 3 98 $ 2,216,755 $ 2,309,821 CAPITAL PROJECTS FUNDS $ 5,248,500 $ 5 $ 5 242 050 s tax fund 4,800,000 2663,975 2,236,905 1,843,176 cts 10,500 Q 30 785,690 10,710 028 - ,ement fund 125,000 127 292 125,000 Ifund 35,000 ation authority fund 16,526,839 2,115,920 18,690,634 Sad improvement district 35,000 32,500 35,000 D capital 77,000 76,850 ;FD capital ipital 27,500 5,790 27,500 ;FD ca ital 134,436 mm 318,135 Total Capital Projects Funds $ 35� $ 10,402,926 $ 41,791,523 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 Wate utility _ $_ _ 4,526,344 $ 5 540 3, 85_ $ 5 049 571 Airport 2,901 313 391,236 2,937,313 Wastewater utili 1,441,046 1,534,685 1,568,479 $ 8,868,703 $ 7 466 306 $ 9,555,363 Total Enterprise Funds $ 8� $ 7,466,306 $___9,555 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. 4/16 SCHEDULE C Page 4 of lD TOWN OF MARANA Revenues Other Than Property Taxes Fiscal Year 2016 SOURCE OF REVENUES INTERNAL SERVICE FUNDS Exhibit A ESTIMATED ACTUAL ESTIMATED REVENUES REVENUES" REVENUES 2015 2015 2016 Health Benefits $ 3,498,046 $ 3,453,945 $ 3,648,964 Dental Benefits _ _ 255,598 258 052 $ 3,754,865 $ 3,709 ,543 $__3,907,016_ Total Internal Service Funds $ ____3,754 ,86 $ 3, 709,543 $ 3,907,0 TOTAL ALL FUNDS $ 90.977.049 $ 63.850.171 $ 99 947 862 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. 4115 SCHEDULE C Page 5 o 10 Total Debt Service Funds $ CAPITAL PROJECTS FUNDS 1 000,000 4 500 000 $ 5,500,000 $ Total Permanent Funds $ $ ENTERPRISE FUNDS Water Uti�_ ___ _ _ $ 6,000 000 $ Wastewater Utility __4, 000 Total Enterprise Funds $ 10 000 000 $ INTERNAL SERVICE FUNDS $ 4,899 359 $ S $ 623,120 603,947 862 780 $ $ 254,484 $ 171 039 4,000,000 _ 48 8,863 $ 4 425 523 $ 488 863 L 4/15 SCHEDULE D Page of 10 PERMANENTFUNDS Exhibit A TOWN OF MARANA Other Financing Sources /<Uses> and Interfund Transfers Fiscal Year 2016 OTHER FINANCING INTERFUND TRANSFERS 2016 2016 FUND SOURCES <USES> IN <OUT> GENERALFUND Series 2008 debt $ $- $ $ Series 2013 debt _ .. - -__.— 1 257 150 Series 2014 debt Other grants 100,000 Airport _ 171,039 Wastewater 4,000,000 Total General Fund $ $ $ $ 6,591,688 SPECIAL REVENUE FUNDS Other grants $ $ $ 1 00 _0_0_0_ J $ Transit Total Special Revenue Funds $ $ $ 100,000 $ DEBT SERVICE FUNDS Series 2008 debt $ $ $ 2 639,275 $ Series 2013 debt 1 746 013 Series 2014 debt 514,071 Total Debt Service Funds $ CAPITAL PROJECTS FUNDS 1 000,000 4 500 000 $ 5,500,000 $ Total Permanent Funds $ $ ENTERPRISE FUNDS Water Uti�_ ___ _ _ $ 6,000 000 $ Wastewater Utility __4, 000 Total Enterprise Funds $ 10 000 000 $ INTERNAL SERVICE FUNDS $ 4,899 359 $ S $ 623,120 603,947 862 780 $ $ 254,484 $ 171 039 4,000,000 _ 48 8,863 $ 4 425 523 $ 488 863 L 4/15 SCHEDULE D Page of 10 PERMANENTFUNDS TOWN OF MARANA Other Financing Sources / <Uses> and Interfund Transfers Fiscal Year 2016 Exhibit A OTHER FINANCING INTERFUND TRANSFERS 2016 2016 FUND SOURCES <USES> IN <OUT> Total Internal Service Funds $ $ _ $ $_ TOTAL ALL FUNDS $ 15,500,000 $ $ 9,424,882 $ 9,424,882 4/15 SCHEDULED Page 7 o 10 TOWN OF MARANA A . {900000) $29i Expenditures /Expenses by Fund _ SPECIAL REVENUE FUNDS Fiscal Year 2016 ADOPTED EXPENDITURE/ Hig hff_2ser re $ 4,861,174 BUDGETED EXPENSE ACTUAL BUDGETED EXPENDITURES! ADJUSTMENTS EXPENDITURES/ EXPENDITURES/ EXPENSES APPROVED EXPENSES' EXPENSES 2015 2016 2015 2016 $ _____ 1 _ 625 ODQ Total General Fund $ A . {900000) $29i 91.836 $ _ _ SPECIAL REVENUE FUNDS Hig hff_2ser re $ 4,861,174 $ .,, $ $__ 3,76 8,678_ Transit 100.000 95 1 Revolvin afforda housing 70,000 �,....__p_.�. 70,000 Local JCEF 67,000 82,000 Fillt GAP X8500 _ 3 Local technology 434,282 - 42,598 475,408 Communitydeve blockgrant 215,000 _ _ -_ ___._ 497 45_ 215,000 Bed tax 1.086702 631,132 931.576 Othergrents antl conlYibulions_ _ 1,655,799 m 549,93 _ 1,373,346 RICO 1,086,621 Imeountl fees 65350 Emergency telecommunications 71,750 Total Spacial Revenue Funds $ _8.530457 $ 5 $ _ 8 ,W ' 1. 2 ' 2 9. DEBT SERVICE FUNDS Series 1997 debt____ $ 346,400 $_ 346,400 $-- Seres 2004 debt $ 667,625 - __� _ $ s $___ 667,625 $ ._..___._ Series 2008 debt 2,644_968 ____ 2,6 _ Series 2013 debt __,____2,644,988 1,849875 2,034,616 Series 20014 debt 14 _ 1.849.8]5 _,__ _ 071 _ Tang farms) Didebl 2,155,388 2,155,386 2,236875 Gladden farms CFD debt $ 703_903_ s 703903 $ 701,272 -__ Saguaro springs CFD tleb[ 44 500 i , 250.000 Total Debt Service Funds $ 8,412 679 $ $ � $ 6,376 ,309 CAPITAL PROJECTS FUNDS Transportalion $_ 5,728,389 $ 3.630,978 $ 8271Ctl3 One -half percent sales tax 685,825 66 825 ._� 4500_,000 _ ....... erf a_ct fee (adds _ 1.929 4, 96 __ ___ -_ 4 _86,458 _ _ Tangerine farms lD 35DOO X895 35,000 Other oa_y,Ita lprolects� _.._. 10806,146 800,000 _ 285 fl05 17177600 Downtown reinvestm fund _ 223250_ u _114685 185319_, Pima County bond fund 35,000_ Re�lonel transportation authority_, __,_16,076,944 GF�ce Ilan.._._ _____ _,___ ,___ __18,690634_ Gladden farms CFD 1,12 4184 _ 32 ,_5_95_ 1,22 6_153 _ Gladden farms II CFD 478 _ _ _ 21 Sag rare sprin gs CFD 30 459 4,642_000 _ Vanderbilt farms CFD 13 2,9500 7235 32 ,566 Total Capital Projects Funds $ ,_,__38,616401 $ 800000_ $__ 8326,921, $ . ENTERPRISE FUNDS utility $ $ $__5088,105 $.- . -._._ _14_540_871 _Wate ____ Airport _ ____ 3.296204 _ 584,785 _ 3.198489 Wastewater ut , _ ],90],744 _ _ _ w 1,057,854 8,804,42 _ Total Enterprise Funds $ 19,774,059 $ $_ 673 0744 $ 26551787 INTERNAL SERVICE FUNDS Health Ren efts $ 3,496046 $ $ 3.020730 $ . _ _____258052 .Dental Benefits ....... ......._._._ -._. _.,._.,._.. 256619 _ ______ _- ___ ... . _-._.. .__ 345_ 648 3,648864 Tplal Internal Service Funds $ 3,754665 $ $_ 3366,3_79_ $ .... , 390]018 TOTAL ALL FUNDS $ 116995.119 $ $ 53,764,621 $ 144999608 " Includes actual expenditures /expenses recognized on the modified accrual or accrual basis as of the dale the proposed budget was prepared, plus estimated expendinneslexpenses for the remainder of the fiscal year Exhibit A Page 8 of 10 4115 SCHEDULE E FUNDIDEPARTMENT GENERALFUND TOWN OF MARANA Expenditures /Expenses by Department Fiscal Year 2016 DEPARTMENT /FUND Town manager: General Fund Bed Tax Fund Department Total ADOPTED BUDGETED EXPENDITURES/ EXPENSES 2015 EXPENDITURE/ EXPENSE ADJUSTMENTS APPROVED 2015 ACTUAL EXPENDITURES/ EXPENSES" 2015 Exhibit A BUDGETED EXPENDITURES/ EXPENSES 2016 $_ 1398,42_7 $ $ 1,285,36 $ 1503103 51,809 46,899 41727 $ 1.450.236 $ $ 1.332.259 $ 1544,830 Econ and tourism developm General Fund $___ 167 $ $ 140,438 $ 192,356 Bed Tax Fund 244,884 50,031 J 190.469 267,129 Department Total $ 412.654 $ $ $ 459.485 Police: General Fund $ 11,460,603 $ $ 10451,599 $ 11,596480 RICO 37,500 Impound Fees 65350_ Other Grants �495 381 519,848 372,346 Emergency telecommunicatio 71,750 $ $ 12.143 426 10 971 447 $ 11 955 984 $ Department Total Court: General Fund $ 1,012 116 $ $ 983,700 $ 1,031,570 Local JCEF 57,000 72,000 Fill the Gap 38,500 34,500 Local Tech Enhancement 434,282 4 2 y 598 475,408 Department Total $ 1 541 898 $ $ 1.026 298 $ 1 613.478 P ublic works: General Fund $ 2,757,795 $ $ 2,472,089 $ 3,208,563 Highway User Revenue Fund 3,506,277 2.623284 2,758,717 Department Total $ 6.264 072 $ $ 5 095 373 $ 5.967 ,280 Communit develo men/: Gener Fund $ 357,147 $ $ 328,756 $ 596 728 _ CDBG 215 000 15.314 _ 2 RevolvinaAffordable Housing 70,000 23,564 70,000 Transit 100,000 95,150 $ $ $ 462 784 881 728 742 147 $ � Department Total Includes actual expenditures/expenses recognized on the moamea accrual or accrual oasis as of the Gate the proposed budget was prepared, plus estimated expenditures /expenses for the remainder of the fiscal year. 4115 SCHEDULE F Page 9 of 10 Exhibit A TOWN OF MARANA Full -Time Employees and Personnel Compensation Fiscal Year 2016 Total Estimated Full -Time Employee Salaries Other Benefit Personnel Equivalent (FTE) and Hourly Costs Retirement Costs Healthcare Costs Costs Compensation FUND 2016 2 20 2016 20 2 0 1 6 GENERAL FUND 285.1 $ 18,002,109 $ 2,524,604 $ 2,910,659 $ 1,509,512 $ 24,946,884 SPECIAL REVENUE FUNDS Other grant funds 112 $ 230,558 $ 54,315 $ 36,855 $ 18,118 $ 339.846 Bed tax 1.2 80,761 8,981 2,557 6,557 98,856 Local technology 1.0 30,989 3,440 Wastewater utility 4.0 2,529 36,958 Highway userrevenue 11.2 455,139 47,039 85,636 33,073 620,887 Total Special Revenue Funds 23.6 $ 797,447 S 113,775 $ 125.048 $ 60,277 $ 1,096.547 ENTERPRISE FUNDS Water utility 23.0 $ 1,287,584 $ 138,620 $ 241,537 $ 99,645 $ 1,767.386 Airport 3.0 175,380 19,079 32,783 13,216 240,458 Wastewater utility 4.0 265,279 27,177 41,499 18,972 352.927 Total Enterprise Funds 30.0 $ 1,728,243 $ 184,876 $ 315,819 $ 131,833 $ 2,360,771 TOTAL ALL FUNDS 338.7 $ 20,527 799 $ 2.823 ,255 $ 3 351 526 $ 1.701.622 $ 28.404 ,202 4115 SCHEDULE G Page 10 of 10