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4. Discussion of 2009 Budget CITY OF CHANHASSEN 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952.227.1100 Fax: 952.227.1110 Building Inspections Phone: 952.227.1180 Fax: 952.227.1190 Engineering Phone: 952.227.1160 Fax: 952.227.1170 Finance Phone: 952.227.1140 Fax: 952.227.1110 Park & Recreation Phone: 952.227.1120 Fax: 952.227.1110 Recreation Center 2310 Coulter Boulevard Phone: 952.227.1400 Fax: 952.227.1404 Planning & Natural Resources Phone: 952.227.1130 Fax: 952.227.1110 Public Works 1591 Park Road Phone: 952.227.1300 Fax: 952.227.1310 Senior Center Phone: 952.227.1125 Fax: 952.227.1110 Web Site www.ci.chanhassen.mn.us 1 MEMORANDUM TO: Mayor and City Council r 'T. Greg Sticha, Finance Director IJl' FROM: DATE: December 1, 2008 SUBJ: Budget and Levy Discussion Staff has now completed all budget presentations for council consideration. Prior to setting the final levy, the council should review the additional information provided in response to questions or new information that has been received since the preliminary levy was set back in September. Healthcare and Wages: Healthcare costs came in at a 9% increase as opposed to the anticipated 25% increase which was in the preliminary levy. This will save the general fund $36,000. Staff has set wage increases at 3.5% as instead of 4.5%, which saves the general fund $17,000. Fuel Costs: We have also revised the line item for fuel costs due to the reduction in fuel costs we are seeing, which results in a $45,000 savings. These three reductions total $98,000. Elections: In 2006 the city spent $41,000 on the election and we are estimating the final cost of the 2008 election to be around $48,000. Utility Costs: The Council requested that the utility budgets of city hall and the library be reviewed. In 2008, the library budget for utilities was $67,000. In 2007 we spent $72,000 and we are on-track to spend $75,000 in 2008. The preliminary budget for utilities at the library was $90,000. Based on the moderation of fuel and gas prices, staff feels comfortable lowering this budget line item by $10,000 to $80,000. In 2008, city hall utility costs are budgeted at $54,600. We spent $52,000 in 2007 and are on-track to spend about $56,000 in 2008. Therefore staff feels comfortable lowering this line item for 2009 to $60,000, down $8,300 from the original preliminary budget of $68,3[00. Delaying Projects: Staff was also asked to review programs and projects that could either be delayed or re-allocated for other higher importance projects and/or to prepare for the shortfall of building permit and other revenues in 2009. Chanhassen is a Community for life - Providing for Today and Planning for Tomorrow Budget Wrap Up December 1,2008 Page 2 Staff has prepared a spreadsheet with the list of resources available and the needs for various projects in the city. All of the items listed could be used to either lower the levy, for our street reconstruction costs in the revolving assessment fund, for future utility costs on the new public works building, to set up a new park maintenance reserve fund for maintaining our park and trail systems, or for a contingency in case of revenue shortfalls in the general fund in 2009. RECOMMENDA TION After reviewing all the needs listed, staff recommends the following: The first recommendation is to use $100,000 of the resources/cuts available to maintain the levy at $10,074,565. This results in a levy increase of 2.4%, but no property tax increase for the average home in Chanhassen, and in most cases a property tax decrease. The second recommendation is to use the remaining $16,300 from the previously noted cuts and the following: . Elimination of the Maple Leaf publication . Delaying the Citizen Survey . Delay hiring the police patrol position to 2010 . Remaining portion of previously noted cuts Total $10,000 $16,000 $20,000 $16,300 $62,300 This money would be set aside for future increased utility costs associated with the new public works facility. The last recommendation is to use the $217,000 for sealcoating in 2009 only as a contingency in case of revenue shortfalls in the general fund. Staff looks forward to reviewing the recommendations listed above as well as any other ideas City Council has for any of the items listed above or on the attached spreadsheet. A TT ACHMENTS 1. Wrap up discussion spreadsheet City of Chanhassen 2009 Wrap Up Discussion Reduction of Expenses Needed Levy Levy Goals Reduction to Get to Preliminary Levy Reduction to get to Zero Increase on Avg Property Tax Bill $ Resulting Levy Increase 44,551 $ 100,000 Resources/Cuts Adjust Wages from 4.5% to 3.5% Healthcare Costs adjusted from 25% increase to 9% increase Adjust Fuel Costs Adjust Utility Costs at Library Adjust Utility Costs at City Hall $ Amount $ 17,000 36,000 45,000 10,000 8,300 116,300 Resources/Cuts with service reductions Eliminate Maple Leaf Conduct Citizen Survey every four years rather than every two Don't do Sealcoating in 2009 1/4 Patrol position in 2009 Delayed until 2010 Catastrophic Reserve Fund $ 10,000 16,000 217,000 20,000 1,300,000 Needs Lower Levy Revolving Assessment Construction Fund Develop a Park Maintenance Fund for future maintenance and improvements to existing parks Utility Cost increase for new Public Works Building Contigency Plan for revenue shortfall in 2009 10,130,014 10,074,565 3.0% 2.4%