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B. 2012 Budget Discussion0 BACKGROUND 6 -_ CITY OF Phone: 952.227.1400 During the 2012 budget discussion this evening, staff will present three different CUMNSEN MEMORANDUM Fax: 952.227.1170 TO: Mayor and City Council 7700 Market Boulevard Finance preliminary levy. PO Box 147, FROM: Greg Sticha, Finance Director Chanhassen, MN 55317 Park & Recreation PowerPoint presentations at our meeting on August 22nd. The preliminary levy Administration DATE: August 8, 2011 Phone: 952.227.1100 Fax: 952.227.1110 SUBJ: 2012 Budget Discussion Building Inspections Phone: 952.227.1180 BACKGROUND Fax: 952.227.1190 Staff has prepared the preliminary budget based on the following assumptions: Phone: 952.227.1400 During the 2012 budget discussion this evening, staff will present three different Engineering Phone: 952.227.1160 scenarios for setting the preliminary levy. Items that will be reviewed include the Fax: 952.227.1170 assumptions made while preparing the budget document, the impact of each Natural Resources scenario on the average home, and staff's recommendation for setting the Finance preliminary levy. Phone: 952.227.1140 $119,000 in new tax levy dollars for 2012 Fax: 952.227.1110 Attached is the budget document that will be used to present the detailed Park & Recreation PowerPoint presentations at our meeting on August 22nd. The preliminary levy Phone: 952.227.1120 will be set at the September 12th meeting. Fax: 952.227.1110 be similar to the first half of the year, it is anticipated that we could exceed budget BUDGET ASSUMPTIONS Recreation Center 2310 Coulter Boulevard Staff has prepared the preliminary budget based on the following assumptions: Phone: 952.227.1400 Fax: 952.2271404 1. A 1.5 percent wage increase for employees in 2012 Planning & 2. Establishing building permit revenue at the same level as 2011 Natural Resources 3. An increase in healthcare costs of 15% Phone: 952.227.1130 4. A 1.16% increase in new construction, which results in approximately Fax: 952.227.1110 $119,000 in new tax levy dollars for 2012 Public works The assumptions noted above were discussed in great detail over the past couple 7901 Park Place months. Assuming that building permit revenue in the second half of 2011 will Phone: 952.22lace Fax: 952.227.1310 be similar to the first half of the year, it is anticipated that we could exceed budget on this line item. However, staff felt it was prudent to set the budgeted permit Senior Center revenue for 2012 at the same level as 2011. Phone: 952.227.1125 Fax: 952.227.1110 Staff has not received official word from our insurance broker; however, some Web Site form of increase is expected in healthcare costs for 2012. Healthcare costs www.ci.chanhassen.mn.us increased 25% in 2011, and based on industry average increases and the experience in claims filed by our employees the past two years, staff estimates a 15% increase for 2012. It is estimated that every 5% change in healthcare costs Chanhassen is a Community for Life - Providing for Today and Planning for Tomorrow Mayor & City Council August 8, 2011 Page 2 either increases or decreases the general fund budget by about $13,000 for that line item. Once staff receives more information, this line item will be adjusted to reflect the actual anticipated healthcare cost increase. Lastly, the city experienced a 1.16% increase in new construction. This results in about $119,000 in new property tax dollars payable in 2012. SCENARIOS When discussing the following scenarios, it is important to note that the average home in Chanhassen decreased in value by about 4% for budget year 2012. Therefore, the value of individual homes compared to the average home will dictate the final outcome of individual property tax bills. Scenario #1: This scenario includes an increase in the total levy from the previous year of $156,500 or 1.52 %. Included in that amount is $119,000 in new property tax dollars, thus resulting in a .36% or $3 annual increase in the city portion of the property tax bill for the average home in the city. Scenario #1 includes a 1.5% wage increase for employees, $20,000 in new funding for the fire department to keep competitive with call pay and training dollars, and keeping the levy for fire station #3 in place. Scenario 92: This scenario includes an increase in the total levy of $119,000 or 1.16 %, which is exactly the amount of new construction discussed earlier. This would result in a zero percent increase in the city portion of the property tax bill on the average home in the city. Scenario #2 reduces the wage increase for employees to 1.0 %, and reduces the funding for the fire department to the same level as the previous year. Under this scenario, the $90,000 per year levy for fire station #3 stays in place. Scenario 43: The third scenario includes an increase in the total levy of $29,000 or .28% from the previous year. This would result in a.87% or $8 annual decrease in the city portion of the property tax bill on the average home. Scenario #3 is the same as scenario #2, but eliminates the $90,000 levy for fire station #3. This would permanently remove this amount and the only way to re- introduce it would be reduction of current services in future years or a property tax increase to re- instate the levy. f. \gregs \budget \2012 budget \8 -08 prelim bud discussion -Ldocx Mayor & City Council August 8, 2011 Page 3 RECOMMENDATION Based on all the information presented above, staff believes setting a preliminary levy as described in Scenario #1 would give the most flexibility before setting a final levy in December. Staff has researched all estimated costs and revenues to the fullest extent possible at this point in the year; however, a number of factors could either adversely or positively impact the budget between now and December. Since the final levy can only go down from the preliminary levy, staff believes setting a levy lower than Scenario #1 would not give the city as much flexibility to recover from any potential adverse factors that could impact the budget. NEXT STEP No action is required on this item. At our August 22nd work session, department heads will present their proposed 2012 budgets. Their presentations will be based on Scenario #1 and will highlight any significant changes in their departments. ATTACHMENTS 1. Levy Impact Scenarios 2. Detailed General Fund Expenditure & Revenue Budget 3. Carver County Assessor's Office - Chanhassen Assessment Summary 4. Carver County Tax Rate Comparison 5. KFS Cities Budgeted Expenditure Comparison 2010 & 2011 6. Revolving Assessment Construction Fund 7. Debt Levies 8. Star Tribune Article Dated July 28, 2011 re: Building Construction 9. Star Tribune Article Dated July 30, 2011 re: Pockets of Recovery f. \gregs \budget\2012 budget \8 -08 prelim bud discussion - l.docx CITY OF CHANHASSEN (DECEMBER) TAX LEVY 2012 Budget TAX CAPACITY BASED TAX LEVY General Fund Capital Replacement Fund (for equipment) Pavement Mgmt Fund (Sealcoating) General Obligation Debt (212 Bonds) Audubon /Revolving Assess Fund /EDA Public Works Facility Fire Station Debt of Other Agencies (EDA) TOTAL TAX CAPACITY BASED TAX LEVIES MARKET VALUE TAX LEVY Library Referendum TOTAL MARKET VALUE TAX LEVY Use of cash reserves to buy down debt levies TOTAL TAX LEVY Dollar Increase Taxes applied to Tax Generation Capacity General Fund Capital Replacement Pavement Mgmt Total Levy subject to levy limits Bond Funds Audubon Fire Station Total 2011 2012 Percent Levy Levy Increase $7,508,200 $7,664,700 2.08% 750,000 750,000 0.00% 200,000 200,000 0.00% 336,800 335,900 -0.27% 256,570 437,842 70.65% 594,000 593,800 - 0.03% - 90,000 100.00% 126,420 - - 100.00% $9,771,990 10,072,242 3.07% 495,400 351,648 - 29.02% $495,400 $351,648 - 29.02% $0 $0 $10,267,390 $10,423,890 1.52% $156,500 Scenario 1 Scenario 2 Scenario 3 $7,664,700 $7,627,200 $7,627,200 750,000 750,000 750,000 200,000 200,000 200,000 $8,614,700 $8,577,200 $8,577,200 1,281,348 1,281,348 1,281,348 437,842 437,842 437,842 90,000 90,000 0 $10,423,890 $10,386,390 $10,296,390 Prior Year $10,267,390 $10,267,390 $10,267,390 New Construction $119,000 $119,000 $119,000 Exsiting MV Inc $0 $0 $0 TIF Dist 1 $0 $0 $0 Eden Trace TIF $0 $0 $0 Gateway TIF $0 $0 $0 Total Capacity $10,386,390 $10,386,390 $10,386,390 Estimated Effect on avg Taxpayer 0.36% 0.00% -0.87% $156,500 Estimated Dollar Effect on avg Taxpayer $ 3.20 $ - $ (7.72) CITY OF CHANHASSEN 2012 BUDGET Expenditures GENERAL GOVERNMENT 1110 Legislative 1120 Administration 1130 Finance 1140 Legal 1150 Property Assessment 1160 MIS 1170 City Hall 1180 Elections 1190 Library Building TOTAL LAW ENFORCEMENT 1210 Police Administration 1220 Fire Prevention & Admin 1250 Code Enforcement 1260 Community Service 1550 TOTAL PUBLIC WORKS 1310 Engineering 1320 Street Maintenance 1350 Street Lighting & Signals 1370 City Garage 1550 TOTAL COMMUNITY DEVELOPMENT 1410 Planning Commission 1420 Planning Administration 1430 Senior Commission * TOTAL PARK & RECREATION 1510 Park & Rec Commission 1520 Park & Rec Administration 1530 Recreation Center 1540 Lake Ann Park Operations 1550 Park Maintenance 1560 Senior Citizens Center 1600 Recreation Programs 1700 Self- Supporting Programs 1800 Recreation Sports - TOTAL Total Operational Expenditures Transfer for Roads ** TOTAL GENERAL FUND Personal Materials Contractual Capital 2012 2011 % 2010 Services & Supplies Services Outlay Total Total Change Actual 32,300 100 68,800 - 101,200 108,300 -6.56% 99,774 410,300 500 66,600 - 477,400 466,000 2.45% 464,177 233,800 200 47,800 200 282,000 281,600 0.14% 270,019 - - 145,000 - 145,000 142,000 2.11% 142,333 - - 112,600 - 112,600 112,100 0.45% 111,432 181,100 1,900 75,500 - 258,500 254,600 1.53% 237,908 73,300 42,300 292,700 - 408,300 408,400 -0.02% 399,437 22,500 - 9,600 - 32,100 28,200 13.83% 42,295 - 3,000 119,100 122,100 127,300 -4.08%1 113,803 953,300 48,000 937,700 200 1,939,200 1,928,500 0.55% 1,881,179 81,400 - 1,538,000 - 1,619,400 1,654,900 -2.15% 1,585,423 516,500 45,600 202,000 764,100 745,800 2.45% 716,057 596,000 5,100 16,300 - 617,400 608,300 1.50% 599,693 59,700 4,500 11,800 - 76,000 3,076,900 74,200 3,083,200 2.43% - 0.20% 71,823 2,972,996 1,253,600 55,200 1,768,100 - 553,300 1,300 30,600 - 585,200 573,000 2.13% 542,971 669,600 139,600 29,700 - 838,900 823,400 1.88% 851,568 - 2,000 337,900 - 339,900 345,400 - 1.59% 317,578 269,900 159,400 86,100 4,500 519,900 503,000 3.36% 473,988 1,492,800 302,300 484,300 4,500 2,283,900 2,244,800 1.74% 2,186,104 - 200 4,000 - 4,200 4,200 0.00% 2,928 414,500 400 12,000 - 426,900 418,400 2.03% 390,600 22,900 - 9,700 - 32,600 463,700 32,300 454,900 0.93% 1.93% 30,841 424,369 437,400 600 25,700 - - 200 2,600 - 2,800 2,200 27.27% 2,526 130,600 600 7,400 - 138,600 137,300 0.95% 134,139 213,800 46,200 85,100 - 345,100 353,900 - 2.49% 308,610 8,700 7,200 45,900 - 61,800 62,100 - 0.48% 53,102 755,200 79,900 88,300 4,000 927,400 898,300 3.24% 928,882 45,100 3,300 21,000 - 69,400 69,000 0.58% 69,111 174,200 19,100 94,700 - 288,000 282,000 2.13% 274,330 33,000 7,700 37,000 - 77,700 82,000 -5.24% 61,864 13,200 8,500 - - 21,700 19,400 11.86% 21,780 1,373,800 172,700 382,000 4,000 1,932,500 1,906,200 1.38% 1,854,343 5,510,900 578,800 3,597,800 8,700 9,696,200 9,617,600 0.82% 9,318,991 9,696,200 1 9,617,600 1 0.82%1 9,318,991 CITY OF CHANHASSEN 2012 BUDGET REVENUE 101 General Fund 2010 2011 2011 2012 4CCOUNT DESCRIPTION ACTUAL BUDGET PROJECTED BUDGET GENERAL PROPERTY TAX Inc Over PY Budget 3010 Current Property Tax 7,097,455 7,508,200 7,508,200 7,664,700 2.1% 3002 Allowance for Delinquent Taxes - (300,000) (300,000) (350,000) 4,000 3011 Delinquent Property Tax 210,523 130,000 130,000 180,000 * 3041 MVHC - - - - 3090 Other Property Taxes - - - - 3500 Local Government Aid - - - - * TOTAL GENERAL PROPERTY TAX 7,307,978 7,338,200 7,338,200 7,494,700 2.1% LICENSES 3203 Dog Kennel 619 800 800 800 3205 Dog or Cat 9,169 - - - 3213 Solicitor 950 700 700 1,000 3226 Liquor On and Off Sale 95,954 90,000 90,000 90,000 3230 Rental Housing Licenses 12,450 34,000 34,000 - 3284 Rubbish 4,200 3,000 3,000 4,000 * TOTAL LICENSES 123,342 128,500 128,500 95,800 -25.4% PERMITS 3301 Building 480,125 380,000 380,000 380,000 3302 Plan Check 240,028 180,000 180,000 180,000 3305 Heating & A/C 101,549 80,000 80,000 80,000 3306 Plumbing 60,579 65,000 65,000 65,000 3307 Trenching 40,012 25,000 25,000 30,000 3308 Gun 1,320 1,400 1,400 1,400 3309 Sprinkler 10,423 15,000 15,000 11,000 3311 Sign 6,115 7,500 7,500 6,500 3320 Stable 210 300 300 300 3330 Elec Permit App Forms - - - - 3331 Firework's Application Fee 225 - - - 3390 Misc. Permits 2,625 2,000 2,000 2,000 * TOTAL PERMITS 943,210 756,200 756,200 756,200 0.0% FINES & PENALTIES 3401 Traffic & Ordinance Violation 117,899 125,000 125,000 125,000 3402 Vehicle Lockouts 1,746 2,500 2,500 2,500 3404 Dog /Cat Impound 3,789 4,000 4,000 3405 Other Fines and Penalties 175 - - - * TOTAL FINES & PENALTIES 123,609 131,500 131,500 127,500 -3.0% INTERGOVERNMENTAL REVENUE 3503 Reimbursement from School District 41,941 45,000 45,000 45,000 3509 Other Shared Taxes 125,349 130,000 130,000 125,000 3510 Grants -State 110,223 90,000 90,000 100,000 * TOTAL INTERGOVERNMENTAL REV 277,513 265,000 265,000 270,000 1.9% CITY OF CHANHASSEN 2012 BUDGET REVENUE 101 General Fund 2010 2011 2011 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET PROJECTED BUDGET CHARGES FOR CURRENT SERVICES 3601 Sale of Documents 3602 Use & Variance Permits 3603 Rezoning Fees 3604 Assessment Searches 3605 Plat Recording Fees 3607 Election Filing Fees 3613 Misc. - General Government 3614 Admin. Charge -2% Constr. 3615 Admin. Charge -5% Street Re- Constr 3615 Admin. Charge -5% Utility Projects 3617 Engineering General 3619 Investment Management Fee 3629 Misc. - Public Safety 3630 Recreation Program Fees 3631 Recreation Center 3633 Park Equipment Rental 3634 Park Facility Usage Fee 3635 Watercraft Rental 3636 Self- Supporting Programs 3637 Senior Programs 3638 Food Concessions 3639 Misc. -Park & Rec. 3641 Youth Sport Donation 3642 Recreation Sports 3649 Misc. - Public Works 3651 Merchandise Sales 3670 Internment Fee TOTAL CURRENT SERVICES 3,034 1,000 6,545 10,000 500 2,000 270 500 1,650 3,000 20 - 3,191 5,000 49,042 20,000 16,664 30,000 20,701 20,000 30 - 75,000 75,000 11,865 10,000 33,799 40,000 227,487 230,000 150 300 12,521 14,000 5,467 4,500 55,066 97,000 28,801 30,000 10,212 12,000 1,165 1,200 29,713 31,000 2,100 5,000 1,911 1,500 50 - 596,952 643,000 1,000 10,000 2,000 500 3,000 1,500 7,000 500 400 2,000 OTHER REVENUE 3801 Interest Earnings 3802 Equipment Rental & Sale 3803 Building Rental 3804 Land Sale 3807 Donations 3816 SAC Retainer 3818 Sur -Tax Retainer 3820 Misc. Other Revenue 3903 Refunds /Reimbursements 3980 Cash Short/Over 5,000 TOTAL OTHER REVENUE 5,000 20,000 30,000 20,000 75,000 10,000 40,000 230,000 300 14,000 4,500 97,000 30,000 12,000 1,200 31,000 5,000 1,500 643,000 3,200 40,000 60,000 75,000 11,500 35,000 230,000 300 14,000 5,000 93,600 30,000 12,000 1,200 31,000 2,000 1,500 656,700 37,575 100,000 100,000 60,000 195,623 180,000 180,000 150,000 5,420 5,000 5,000 5,000 7,400 - - - 35,285 25,200 25,200 30,800 2,479 5,000 5,000 3,000 629 1,000 1,000 1,000 317 1,000 1,000 500 107,415 38,000 38,000 45,000 4 - 392,147 355,200 355,200 295,300 *` TOTAL GENERAL FUND REVENUE 9,764,750 9,617,600 TOTAL GENERAL FUND EXPENDITURES NET LEVY REMAINING (Use of Gen Fund Reserves) 9,617,600 9,696,200 9,696,200 Inc Over PY Budget 2.1% -16.9% 0.8% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1110 Legislative 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4020 Salaries & Wages -Temp 4030 Contributions- Retirement 4050 Workers Compensation TOTAL PERSONAL SERVICES 4210 Books & Periodicals TOTAL MATERIALS & SUPPLIES 4300 Fees, Services 4330 Postage 4340 Printing & Publishing 4360 Subscriptions & Memberships 4370 Travel & Training 4375 Promotional Expense 4933 Sales Tax 32,300 TOTAL CONTRACTUAL SERVICES 28,850 30,000 30,000 0.0% 2,048 2,200 2,200 0.0% 78 100 100 0.0% 30,976 32,300 32,300 0.0% - 200 100 (50.0 %) - 200 100 (50.0 %) 1,383 2,000 2,000 0.0% - 6,800 - (100.0 %) 34,821 36,000 36,000 0.0% 23,918 25,000 25,000 0.0% 3,364 5,000 4,500 (10.0 %) 5,309 1,000 1,300 30.0% 3 - 0.0% 68,798 75,800 68,800 (9.2 %) "* TOTAL LEGISLATIVE 99,774 108,300 101,200 (6.6 %) CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1120 Administration 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4010 Salaries & Wages -Reg 4020 Salaries & Wages -Temp 4030 Contributions- Retirement 4040 Contributions - Insurance 4050 Workers Compensation * TOTAL PERSONAL SERVICES 314,601 319,300 323,000 1.2% 220 1,000 1,000 0.0% 44,264 47,800 48,100 0.6% 31,637 35,800 37,700 5.3% 445 700 500 (28.6 %) 391,167 404,600 410,300 1.4% 4120 Supplies- Equipment 21 4130 Supplies- Program 7 4210 Books & Periodicals - * TOTAL MATERIALS & SUPPLIES 29 4300 Fees, Services 15,910 4310 Telephone 3,427 4320 Utilities 26 4330 Postage 22,652 4340 Printing & Publishing 71 4360 Subscriptions & Memberships 3,079 4370 Travel & Training 8,415 4380 Mileage 5,100 4410 Rental- Equipment 13,587 4530 Repair & Maintenance -Equip - 4807 Property Tax Expense 711 4933 Sales Tax 4 * TOTAL CONTRACTUAL SERVICES 72,982 4703 Office Equipment * TOTAL CAPITAL OUTLAY - 200 200 0.0% 100 100 0.0% 200 200 0.0% 500 500 0.0% 7,000 7,000 0.0% 4,000 4,000 0.0% - - 0.0% 16,000 23,000 43.8% 1,000 300 (70.0 %) 4,500 4,300 (4.4 %) 8,000 8,000 0.0% 5,500 5,500 0.0% 14,500 14,500 0.0% 300 - (100.0 %) 100 - (100.0 %) - 0.0% 60,900 66,600 9.4% 0.0% 0.0% ** TOTAL ADMINISTRATION 464,177 466,000 477,400 2.4% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1130 Finance 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4010 Salaries & Wages -Reg 4030 Contributions - Retirement 4040 Contributions - Insurance 4050 Workers Compensation 4060 Unemployment * TOTAL PERSONAL SERVICES 4120 Supplies- Equipment 4210 Books & Periodicals * TOTAL MATERIALS & SUPPLIES 4300 Fees, Services 4301 Fees, Financial /Audit 4310 Telephone and Communications 4330 Postage 4340 Printing & Publishing 4360 Subscriptions & Memberships 4370 Travel & Training 4530 Repair & Maintenance -Equip 4933 Sales Tax * TOTAL CONTRACTUAL SERVICES 4703 Office Equipment * TOTAL CAPITAL OUTLAY 177,992 178,200 178,700 0.3% 25,305 26,600 26,600 0.0% 24,002 27,900 28,100 0.7% 254 400 400 0.0% - - - 0.0% 227,553 233,100 233,800 0.3% - 100 100 0.0% - 100 100 0.0% - 200 200 0.0% 10,764 7,000 11,000 57.1% 27,429 32,000 29,000 (9.4 %) 671 500 700 40.0% - 200 - (100.0 %) 243 1,800 1,000 (44.4 %) 465 400 500 25.0% 2,890 6,100 5,500 (9.8 %) - 100 100 0.0% 4 - - 0.0% 42,466 48,100 47,800 (0.6 %) - 200 200 0.0% - 200 200 0.0% ** TOTAL FINANCE 270,019 281,600 282,000 0.1% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1140 Legal 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4302 Fees, Legal 4340 Printing & Publishing * TOTAL CONTRACTUAL SERVICES ** TOTAL LEGAL 142,163 142,000 170 - 142,333 142,333 142,000 142,000 145,000 2.1% - 0.0% 145,000 2.1 145,000 2.1% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1150 Property Assessment = 1to 2010 2011 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET 4300 Fees, Services 111,272 112,000 112,500 0.4% 4340 Printing & Publishing 160 100 100 0.0% TOTAL CONTRACTUAL SERVICES 111,432 112,100 112,600 0.4% "* TOTAL PROPERTY ASSESSMENT 111,432 112,100 112,600 0.4% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1160 Management Information Systems (MIS) 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4010 Salaries & Wages -Reg 4030 Contributions - Retirement 4040 Contributions - Insurance 4050 Workers Compensation * TOTAL PERSONAL SERVICES 137,201 137,000 139,100 1.5% 19,722 20,500 20,600 0.5% 16,919 19,600 21,100 7.7% 196 300 300 0.0% 174,037 177,400 181,100 2.1% 4150 Maintenance Materials 1,196 1,300 1,300 0.0% 4210 Books & Periodicals 290 600 300 (50.0 %) 4220 Software Licenses - - 0.0% 4260 Small Tools & Equipment 160 500 300 (40.0 %) * TOTAL MATERIALS & SUPPLIES 1,647 2,400 1,900 (20.8 %) 4300 Fees, Services 44,116 52,800 53,500 1.3% 4310 Telephone 2,122 1,900 2,200 15.8% 4320 Utilities 4,559 8,100 8,800 8.6% 4370 Travel & Training 5,186 7,000 6,000 (14.3 %) 4530 Repair & Maintenance -Equip 5,638 5,000 5,000 0.0% 4933 Sales Tax 602 - - 0.0% * TOTAL CONTRACTUAL SERVICES 62,224 74,800 75,500 0.9% 4703 Office Equipment * TOTAL CAPITAL OUTLAY 0.0% 0.0% ** TOTAL M.I.S. 237,908 254,600 258,500 1.5% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1170 City Hall 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4010 Salaries & Wages -Reg 51,811 51,300 52,000 1.4% 4011 Overtime -Reg 5,080 3,500 3,500 0.0% 4030 Contributions- Retirement 8,241 7,700 8,200 6.5% 4040 Contributions - Insurance 6,423 7,400 7,900 6.8% 4050 Workers Compensation 1,550 1,600 1,700 6.3% TOTAL PERSONAL SERVICES 73,106 71,500 73,300 2.5% 4110 Supplies -Office 38,184 37,000 37,000 0.0% 4120 Supplies- Equipment 321 1,000 100 (90.0 %) 4130 Supplies- Program 48 - - 0.0% 4140 Supplies - Vehicles - 500 800 60.0% 4150 Maintenance Materials 3,807 4,000 4,000 0.0% 4260 Small Tools & Equipment 1,057 400 400 0.0% TOTAL MATERIALS & SUPPLIES 43,416 42,900 42,300 (1.4 %) 4300 Fees, Services 10,480 9,000 11,000 22.2% 4310 Telephone 9,844 12,000 10,500 (12.5 %) 4320 Utilities 36,630 50,000 46,000 (8.0 %) 4350 Cleaning & Waste Removal 32,571 33,000 33,000 0.0% 4370 Travel & Training 1,542 200 200 0.0% 4440 License & Registration - 100 100 0.0% 4483 Insurance - General Liability 180,380 176,000 178,000 1.1% 4510 Repair & Maintenance - Building 6,117 10,000 8,000 (20.0 %) 4520 Repair & Maintenance - Vehicles 20 400 600 50.0% 4530 Repair & Maintenance -Equip 5,141 3,000 5,000 66.7% 4933 Sales Tax 192 300 300 0.0% TOTAL CONTRACTUAL SERVICES 282,916 294,000 292,700 (0.4 %) ** TOTAL CITY HALL 399,437 408,400 408,300 (0.0 %) CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1180 Elections 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4020 Salaries & Wages -Temp 27,433 20,500 22,000 7.3% 4030 Contributions - Retirement 218 1,000 400 (60.0 %) 4050 Workers Compensation 71 - 100 100.0% 4060 Unemployment 167 - - 0.0% TOTAL PERSONAL SERVICES 27,888 21,500 22,500 4.7% 4110 Office Supplies 462 200 500 150.0% 4300 Fees, Services 10,092 3,000 5,000 66.7% 4340 Printing & Publishing 214 2,300 2,300 0.0% 4370 Travel & Training 3,639 1,200 1,800 50.0% TOTAL CONTRACTUAL SERVICES 14,407 6,700 9,600 43.3% " TOTAL ELECTIONS 42,295 28,200 32,100 13.8% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1190 Library Building 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4120 Supplies- Equipment 60 - - 0.0% 4150 Maintenance Materials 3,433 3,000 3,000 0.0% 4260 Small Tools & Equipment 45 - - 0.0% * TOTAL MATERIALS & SUPPLIES 3,538 3,000 3,000 0.0% 4300 Fees, Services 4,970 6,500 6,500 0.0% 4310 Telephone 1,454 1,800 1,600 (11.1 %) 4320 Utilities 64,376 70,000 68,000 (2.9 %) 4350 Cleaning & Waste Removal 31,759 34,000 33,000 (2.9 %) 4510 Repair & Maintenance - Building 5,591 5,000 5,000 0.0% 4530 Repair & Maintenance -Equip 2,075 7,000 5,000 (28.6 %) 4933 Sales Tax 43 - - 0.0% * TOTAL CONTRACTUAL SERVICES 110,266 124,300 119,100 (4.2 %) ** TOTAL LIBRARY 113,803 127,300 122,100 (4.1 %) CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1210 Police Administration 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/ DEC 4010 Salaries & Wages -Reg 4030 Contributions - Retirement 4040 Contributions - Insurance 4050 Workers Compensation 6,485 TOTAL PERSONAL SERVICES 4130 Program Supplies 4300 Fees, Services 4360 Subscriptions & Memberships 4370 Travel & Training 4375 Promotional Expense 4933 Sales Tax 5,000 TOTAL CONTRACTUAL SERVICES 62,419 62,700 63,600 1.4% 9,154 9,400 9,500 1.1% 6,485 7,500 8,000 6.7% 174 300 300 0.0% 78,231 79,900 81,400 1.9% 3,565 5,000 5,000 0.0% 1,499,704 1,565,000 1,528,000 (2.4 %) 60 - - 0.0% 72 500 500 0.0% 3,548 4,500 4,500 0.0% 244 - - 0.0% 1,507,192 1,575,000 1,538,000 (2.3 %) ** TOTAL POLICE ADMINISTRATION 1,585,423 1,654,900 1,619,400 (2.1% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1220 Fire Prevention and Administration 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC /(DEC) 4010 Salaries & Wages -Reg 134,121 135,000 137,000 1.5% 4011 Overtime 146 1,000 1,000 0.0% 4020 Salaries & Wages -Temp 180,369 160,000 190,000 18.8% 4030 Contributions - Retirement 136,587 175,000 150,000 (14.3 %) 4040 Contributions - Insurance 23,307 27,200 27,500 1.1% 4050 Workers Compensation 9,840 10,000 11,000 10.0% TOTAL PERSONAL SERVICES 484,370 508,200 516,500 1.6% 4120 Supplies- Equipment 9,983 11,000 11,000 0.0% 4130 Supplies- Program 3,016 2,500 2,500 0.0% 4140 Supplies - Vehicles 10,551 12,000 11,500 (4.2 %) 4150 Maintenance Materials 611 500 500 0.0% 4170 Motor Fuels and Lubrication 37 - 0.0% 4210 Books & Periodicals - 600 600 0.0% 4240 Uniforms & Clothing 10,717 9,000 9,500 5.6% 4260 Small Tools & Equipment 5,179 5,000 5,000 0.0% 4290 Misc. Materials & Supplies 5,744 5,000 5,000 0.0% TOTAL MATERIALS & SUPPLIES 45,839 45,600 45,600 0.0% 4300 Fees, Services 7,509 11,000 11,000 0.0% 4310 Telephone 4,560 5,000 5,000 0.0% 4320 Utilities 23,377 25,000 25,000 0.0% 4350 Cleaning & Waste Removal 4,286 5,000 5,000 0.0% 4360 Subscriptions & Memberships 1,888 2,000 2,000 0.0% 4370 Travel & Training 11,513 10,000 20,000 100.0% 4375 Promotional Expense 10,537 9,000 9,000 0.0% 4483 Insurance - General Liability 2,196 1,000 2,000 100.0% 4510 Repair & Maintenance - Building 5,809 6,000 6,000 0.0% 4520 Repair & Maintenance - Vehicles 2,004 8,000 7,000 (12.5 %) 4530 Repair & Maintenance-Equip 11,614 15,000 15,000 0.0% 4531 Repair & Maintenance - Radios 5,618 5,000 5,000 0.0% Contribution for Performance 94,032 90,000 90,000 0.0% 4933 Sales Tax 906 - - 0.0% TOTAL CONTRACTUAL SERVICES 185,848 192,000 202,000 5.2% *" TOTAL FIRE PREVENTION ADMIN 716,057 745,800 764,100 2.5% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1250 Code Enforcement 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4010 Salaries & Wages -Reg 446,658 448,400 455,000 1.5% 4011 Overtime -Reg - - - 0.0% 4020 Salaries & Wages -Temp - - - 0.0% 4021 Overtime -Temp - - - 0.0% 4030 Contributions - Retirement 64,237 67,500 67,800 0.4% 4040 Contributions - Insurance 58,138 69,000 71,700 3.9% 4050 Workers Compensation 1,123 1,400 1,500 7.1% 4060 Unemployment 14,430 - - 0.0% * TOTAL PERSONAL SERVICES 584,586 586,300 596,000 1.7% 4120 Supplies- Equipment - 500 100 (80.0 %) 4130 Supplies- Program 844 500 900 80.0% 4140 Supplies - Vehicles 1,379 1,700 1,700 0.0% 4210 Books & Periodicals 805 1,500 1,500 0.0% 4240 Uniforms & Clothing 247 500 500 0.0% 4260 Small Tools & Equipment 36 400 400 0.0% * TOTAL MATERIALS & SUPPLIES 3,311 5,100 5,100 0.0% 4300 Fees, Services - - - 0.0% 4310 Telephone 3,788 4,000 4,000 0.0% 4340 Printing & Publishing 915 2,000 1,500 (25.0 %) 4360 Subscriptions & Memberships 365 1,000 1,000 0.0% 4370 Travel & Training 2,917 6,000 6,000 0.0% 4375 Promotional Expense - 200 - (100.0 %) 4440 License & Registration 324 200 500 150.0% 4520 Repair & Maintenance - Vehicles 64 500 300 (40.0 %) 4530 Repair & Maintenance-Equip 1,667 2,000 2,000 0.0% 4901 Refunds /Reimbursements 1,725 1,000 1,000 0.0% 4933 Sales Tax 31 - - 0.0% * TOTAL CONTRACTUAL SERVICES 11,796 16,900 16,300 (3.6 %) ** TOTAL CODE ENFORCEMENT 599,693 608,300 617,400 1.5% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1260 Community Service 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4020 Salaries & Wages -Temp 46,580 48,000 48,700 1.5% 4021 Overtime -Temp 908 1,400 1,400 0.0% 4030 Contributions - Retirement 6,988 6,500 7,200 10.8% 4040 Contributions - Insurance 1,276 700 1,400 100.0% 4050 Workers Compensation 730 1,000 1,000 0.0% TOTAL PERSONAL SERVICES 56,482 57,600 59,700 3.6% 4120 Supplies- Equipment 781 1,000 1,000 0.0% 4130 Supplies- Program 1,369 1,000 1,700 70.0% 4140 Supplies - Vehicles 650 1,000 800 (20.0 %) 4210 Books & Periodicals - 200 - (100.0 %) 4240 Uniforms & Clothing 785 1,000 1,000 0.0% TOTAL MATERIALS & SUPPLIES 3,585 4,200 4,500 7.1% 4300 Fees, Services 9,935 9,000 9,000 0.0% 4310 Telephone 836 1,100 1,000 (9.1%) 4340 Printing & Publishing 128 300 200 (33.3 %) 4360 Subscriptions & Memberships 144 200 200 0.0% 4370 Travel & Training 644 700 700 0.0% 4520 Repair & Maintenance - Vehicles 4 500 500 0.0% 4530 Repair & Maintenance -Equip 10 300 100 (66.7 %) 4531 Repair & Maintenance - Radios 15 300 100 (66.7 %) 4933 Sales Tax 40 - - 0.0% TOTAL CONTRACTUAL SERVICES 11,756 12,400 11,800 (4.8 %) *" TOTAL COMMUNITY SERVICE 71,823 74,200 76,000 2.4% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1310 Engineering 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4010 Salaries & Wages -Reg 4011 Overtime -Reg 4020 Salaries & Wages -Temp 4030 Contributions - Retirement 4040 Contributions - Insurance 4050 Workers Compensation " TOTAL PERSONAL SERVICES 397,964 413,000 419,400 1.5% - 1,500 1,500 0.0% 5,252 15,000 15,000 0.0% 57,839 61,700 62,300 1.0% 42,597 48,400 53,600 10.7% 1,013 1,500 1,500 0.0% 504,665 541,100 553,300 2.3% 4120 Supplies- Equipment 52 500 4140 Supplies - Vehicles 332 700 4150 Maintenance Materials - - 4210 Books & Periodicals 29 100 4933 TOTAL MATERIALS & SUPPLIES 413 1,300 4300 Fees, Services 4310 Telephone 4330 Postage 4340 Printing & Publishing 4360 Subscriptions & Memberships 4370 Travel & Training 4380 Mileage 4530 Repair & Maintenance -Equip 4933 Sales Tax 1,400 TOTAL CONTRACTUAL SERVICES 4705 Other Equipment TOTAL CAPITAL OUTLAY 500 0.0% 700 0.0% - 0.0% 100 0.0% 1,300 0.0% 27,952 18,000 18,000 0.0% 2,598 3,200 3,000 (6.3 %) - 400 - (100.0 %) 432 600 600 0.0% 1,204 1,400 1,400 0.0% 1,597 3,000 3,000 0.0% 93 500 500 0.0% 4,018 3,500 4,100 17.1% - - - 0.0% 37,893 30,600 30,600 0.0% 0.0% 0.0% ** TOTAL ENGINEERING 542,971 573,000 585,200 2.1% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1320 Street Maintenance 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC /(DEC) 4010 Salaries & Wages -Reg 448,096 462,400 457,700 (1.0 %) 4011 Overtime -Reg 20,377 18,000 20,000 11.1% 4020 Salaries & Wages -Temp 9,546 10,000 10,000 0.0% 4021 Overtime -Temp 28 - - 0.0% 4030 Contributions - Retirement 66,576 70,000 68,000 (2.9 %) 4040 Contributions - Insurance 67,431 71,700 80,700 12.6% 4050 Workers Compensation 29,023 30,000 33,200 10.7% * TOTAL PERSONAL SERVICES 641,077 662,100 669,600 1.1% 4120 Supplies- Equipment 42,696 40,000 40,000 0.0% 4140 Supplies - Vehicles 22,909 18,000 18,000 0.0% 4150 Maintenance Materials 102,280 65,000 75,000 15.4% 4210 Books & Periodicals - 100 100 0.0% 4240 Uniforms & Clothing 4,929 4,800 4,800 0.0% 4260 Small Tools & Equipment 1,094 1,700 1,700 0.0% * TOTAL MATERIALS & SUPPLIES 173,907 129,600 139,600 7.7% 4300 Fees, Services 1,672 1,000 1,000 0.0% 4310 Telephone 3,700 3,800 3,800 0.0% 4340 Printing & Publishing 92 300 300 0.0% 4350 Cleaning & Waste Removal 516 300 300 0.0% 4360 Subscriptions & Memberships 64 1,200 1,200 0.0% 4370 Travel & Training 1,300 2,000 2,000 0.0% 4410 Rental- Equipment 992 1,500 1,500 0.0% 4440 License & Registration - 600 600 0.0% 4510 Repair & Maintenance - Building - 500 500 0.0% 4520 Repair & Maintenance-Vehicles 160 3,000 1,000 (66.7 %) 4530 Repair & Maintenance -Equip 3,833 5,500 5,500 0.0% 4531 Repair & Maintenance - Radios 143 - - 0.0% 4540 Repair & Maintenance - Streets 1,669 2,000 2,000 0.0% 4560 Repair & Maintenance -Signs 18,357 10,000 10,000 0.0% 4933 Sales Tax 3,086 - - 0.0% * TOTAL CONTRACTUAL SERVICES 35,584 31,700 29,700 (6.3 %) 4705 Other Equipment 1,000 - - 0.0% * TOTAL CAPITAL OUTLAY 1,000 - - 0.0% ** TOTAL STREET MAINTENANCE 851,568 823,400 838,900 1.9% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1350 Street Lighting & Signals 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4120 Supplies- Equipment 1,527 5,000 2,000 (60.0 %) * TOTAL MATERIALS & SUPPLIES 1,527 5,000 2,000 (60.0 %) 4300 Fees, Services - 300 300 4310 Telephone 363 600 600 4320 Utilities 300,283 315,000 315,000 4530 Repair & Maintenance -Equip - 2,500 - 4560 Repair & Maintenance -Signs - - - 4565 Repair & Maintenance - Lights &Signals 15,405 22,000 22,000 * TOTAL CONTRACTUAL SERVICES 316,051 340,400 337,900 ** TOTAL STREET LIGHT & SIGNALS 317,578 345,400 339,900 0.0% 0.0% 0.0% (100.0 %) 0.0% (1.6 %) CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1370 City Garage 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC /(DEC) 4010 Salaries & Wages -Reg 188,282 187,600 190,300 1.4% 4011 Overtime -Reg 5,950 6,500 6,500 0.0% 4030 Contributions - Retirement 27,246 28,000 28,300 1.1% 4040 Contributions - Insurance 29,457 35,700 37,300 4.5% 4050 Workers Compensation 7,007 7,200 7,500 4.2% * TOTAL PERSONAL SERVICES 257,943 265,000 269,900 1.8% 4120 Supplies- Equipment 2,521 2,000 2,500 25.0% 4140 Supplies - Vehicles 360 500 500 0.0% 4150 Maintenance Materials 2,186 1,000 1,200 20.0% 4170 Motor Fuels & Lubricants 127,767 138,000 150,000 8.7% 4240 Uniforms & Clothing 917 1,200 1,200 0.0% 4260 Small Tools & Equipment 4,518 3,000 4,000 33.3% * TOTAL MATERIALS & SUPPLIES 138,269 145,700 159,400 9.4% 4300 Fees, Services 2,430 1,300 2,000 53.8% 4310 Telephone 4,811 4,000 4,500 12.5% 4320 Utilities 49,899 60,000 60,000 0.0% 4330 Postage 12 - - 0.0% 4340 Printing & Publishing - 100 100 0.0% 4350 Cleaning & Waste Removal 7,966 10,000 9,000 (10.0 %) 4360 Subscriptions & Memberships - 200 200 0.0% 4370 Travel & Training 179 800 800 0.0% 4410 Rental- Equipment - 500 - (100.0 %) 4440 License & Registration 1,345 500 500 0.0% 4510 Repair & Maintenance - Building 6,562 7,000 7,000 0.0% 4520 Repair & Maintenance - Vehicles - 300 - (100.0 %) 4530 Repair & Maintenance -Equip 1,200 2,000 2,000 0.0% 4531 Repair & Maintenance - Radios - 100 - (100.0 %) 4933 Sales Tax 400 - - 0.0% * TOTAL CONTRACTUAL SERVICES 74,802 86,800 86,100 (0.8 %) 4703 Office Equipment 4705 Other Equipment * TOTAL CAPITAL OUTLAY - 500 500 0.0% 2,974 5,000 4,000 (20.0 %) 2,974 5,500 4,500 (18.2 %) ** TOTAL CITY GARAGE 473,988 503,000 519,900 3.4% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1410 Planning Commission 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/ DEC 4210 Books & Periodicals - 200 200 0.0% * TOTAL MATERIALS & SUPPLIES - 200 200 0.0% 4340 Printing & Publishing 2,453 3,000 3,000 0.0% 4360 Subscriptions & Memberships - 200 200 0.0% 4370 Travel & Training 476 800 800 0.0% * TOTAL CONTRACTUAL SERVICES 2,928 4,000 4,000 0.0% ** TOTAL PLANNING COMMISSION 2,928 4,200 4,200 0.0% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1420 Planning Administration 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/ DEC 4010 Salaries & Wages -Reg 4030 Contributions - Retirement 4040 Contributions - Insurance 4050 Workers Compensation 43,867 TOTAL PERSONAL SERVICES 298,981 307,500 312,400 1.6% 41,996 45,900 46,500 1.3% 43,867 51,100 55,000 7.6% 426 600 600 0.0% 385,270 405,100 414,500 2.3% 4120 Supplies- Equipment 104 300 300 0.0% 4130 Supplies- Program - 100 - (100.0 %) 4140 Supplies - Vehicles - 100 100 0.0% 4210 Books & Periodicals - 200 - (100.0 %) TOTAL MATERIALS & SUPPLIES 104 700 400 (42.9 %) 4300 Fees, Services 20 5,000 5,000 0.0% 4310 Telephone - 200 - (100.0 %) 4340 Printing & Publishing - 200 - (100.0 %) 4360 Subscriptions & Memberships 420 1,500 1,500 0.0% 4370 Travel & Training 4,786 5,500 5,500 0.0% 4520 Repair & Maintenance- Vehicles - 200 - (100.0 %) TOTAL CONTRACTUAL SERVICES 5,226 12,600 12,000 (4.8 %) ** TOTAL PLANNING ADMINISTRATION 390,600 418,400 426,900 2.0% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1430 Senior Commission 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC /(DEC) 4010 Salaries & Wages -Reg 17,942 17,900 18,100 1.1% 4030 Contributions - Retirement 2,600 2,700 2,700 0.0% 4040 Contributions - Insurance 1,632 1,900 2,000 5.3% 4050 Workers Compensation 25 100 100 0.0% * TOTAL PERSONAL SERVICES 22,199 22,600 22,900 1.3% 4300 Fees, Services 8,467 9,000 9,000 0.0% 4370 Travel & Training 81 200 200 0.0% 4375 Promotional Expense 93 500 500 0.0% * TOTAL CONTRACTUAL SERVICES 8,642 9,700 9,700 0.0% ** TOTAL SENIOR COMMISSION 30,841 32,300 32,600 0.9% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1510 Park and Recreation Commission 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/ DEC 4130 Supplies- Program 4210 Books & Periodicals * TOTAL MATERIALS & SUPPLIES 4340 Printing & Publishing 4360 Subscriptions & Memberships 4370 Travel & Training * TOTAL CONTRACTUAL SERVICES ** TOTAL PARK & REC COMMISSION - 100 100 0.0% - 100 100 0.0% - 200 200 0.0% 1,687 430 409 2,526 2,526 1,100 1,700 54.5% 600 500 (16.7 %) 300 400 33.3% 2,000 2,600 30.0% 2,200 2,800 27.3% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1520 Park and Recreation Administration 2011 to 2010 2011 2012 2012 LCCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC /(DEC 4010 Salaries & Wages -Reg 102,220 100,600 102,000 1.4% 4030 Contributions - Retirement 14,257 15,200 15,200 0.0% 4040 Contributions - Insurance 10,574 12,300 13,200 7.3% 4050 Workers Compensation 143 200 200 0.0% * TOTAL PERSONAL SERVICES 127,194 128,300 130,600 1.8% 4120 Supplies- Equipment 23 500 300 (40.0 %) 4130 Supplies- Program 61 200 100 (50.0 %) 4210 Books & Periodicals - 100 100 0.0% 4240 Uniforms & Clothing - 200 100 (50.0 %) * TOTAL MATERIALS & SUPPLIES 84 1,000 600 (40.0 %) 4300 Fees, Services 1,015 200 800 300.0% 4310 Telephone 1,505 1,500 1,500 0.0% 4330 Postage - - - 0.0% 4340 Printing & Publishing 277 - - 0.0% 4360 Subscriptions & Memberships 2,053 1,600 1,600 0.0% 4370 Travel & Training 1,999 4,400 3,400 (22.7 %) 4380 Mileage 13 300 100 (66.7 %) * TOTAL CONTRACTUAL SERVICES 6,861 8,000 7,400 (7.5 %) ** TOTAL PARK & REC ADMINISTRATION 134,139 137,300 138,600 0.9% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1530 Recreation Center 2011 to 2010 2011 2012 2012 LCCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC /(DEC 4010 4020 4021 4030 4040 4050 4060 * 4120 4130 4150 4240 * Salaries & Wages -Reg Salaries & Wages -Temp Overtime -Temp Contributions - Retirement Contributions - Insurance Workers Compensation Unemployment TOTAL PERSONAL SERVICES Supplies- Equipment Supplies- Program Maintenance Materials Uniforms & Clothing TOTAL MATERIALS & SUPPLIES 54,037 54,400 111,440 130,000 99 - 23,711 28,500 6,439 7,500 2,713 2,500 722 - 199,161 222,900 1,260 3,000 34,778 42,000 235 500 514 700 36,786 46,200 55,200 1.5% 119,000 (8.5 %) - 0.0% 28,500 0.0% 8,200 9.3% 2,900 16.0% - 0.0% 213,800 (4.1%) 3,000 0.0% 42,000 0.0% 500 0.0% 700 0.0% 46,200 0.0% 4300 Fees, Services 32,511 40,000 43,000 7.5% 4310 Telephone 215 1,500 800 (46.7 %) 4320 Utilities 30,741 36,000 33,000 (8.3 %) 4360 Subscriptions & Memberships 221 300 300 0.0% 4370 Travel & Training 681 400 400 0.0% 4375 Promotional Expense 1,207 1,600 1,600 0.0% 4510 Repair & Maintenance- Building 3,940 3,000 3,000 0.0% 4530 Repair & Maintenance-Equip 1,680 1,000 1,700 70.0% 4590 Misc. Contractual Services 1,352 1,000 1,300 30.0% 4901 Refunds /Reimbursements 49 - - 0.0% 4933 Sales Tax 65 - - 0.0% * TOTAL CONTRACTUAL SERVICES 72,663 84,800 85,100 0.4% ** TOTAL RECREATION CENTER 308,610 353,900 345,100 (2.5 %) CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1540 Lake Ann Park Operations 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/ DEC 4020 Salaries & Wages -Temp 4021 Overtime -Temp 4030 Contributions- Retirement 4050 Workers Compensation * TOTAL PERSONAL SERVICES 4130 Supplies- Program 4240 Uniforms & Clothing * TOTAL MATERIALS & SUPPLIES 5,819 8,000 8,000 0.0% 50 - - 0.0% 449 500 500 0.0% 99 200 200 0.0% 6,417 8,700 8,700 0.0% 8,021 7,000 7,000 0.0% - 500 200 (60.0 %) 8,021 7,500 7,200 (4.0 %) 4300 Fees, Services 27,280 31,000 31,000 0.0% 4310 Telephone 1,090 1,500 1,500 0.0% 4320 Utilities 9,972 13,000 13,000 0.0% 4340 Printing & Publishing 267 400 400 0.0% 4903 Bad Debt Expense 54 - - 0.0% * TOTAL CONTRACTUAL SERVICES 38,663 45,900 45,900 0.0% ** TOTAL LAKE ANN PARK OPERATIONS 53,102 62,100 61,800 (0.5 %) CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1550 Park Maintenance 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC /(DECD 4010 Salaries & Wages -Reg 457,289 452,600 459,400 1.5% 4011 Overtime -Reg 23,504 15,000 20,000 33.3% 4020 Salaries & Wages -Temp 89,404 90,000 99,600 10.7% 4021 Overtime -Temp 3,386 4,000 4,000 0.0% 4030 Contributions - Retirement 75,138 72,000 78,000 8.3% 4040 Contributions - Insurance 65,922 78,400 83,000 5.9% 4050 Workers Compensation 9,258 11,200 11,200 0.0% 4060 Unemployment 489 - - 0.0% * TOTAL PERSONAL SERVICES 724,389 723,200 755,200 4.4% 4120 Supplies- Equipment 40,465 34,000 36,500 7.4% 4140 Supplies - Vehicles 4,438 5,000 4,600 (8.0 %) 4150 Maintenance Materials 27,870 31,000 31,000 0.0% 4151 Irrigation Materials 3,158 3,000 3,000 0.0% 4240 Uniforms & Clothing 2,113 2,800 2,800 0.0% 4260 Small Tools & Equipment 1,940 2,000 2,000 0.0% * TOTAL MATERIALS & SUPPLIES 79,984 77,800 79,900 2.7% 4300 Fees, Services 53,744 22,000 22,000 0.0% 4310 Telephone 2,443 2,700 2,700 0.0% 4320 Utilities 12,558 12,000 10,500 (12.5 %) 4330 Postage 12 - - 0.0% 4340 Printing & Publishing 275 400 400 0.0% 4350 Cleaning & Waste Removal 5,416 7,000 6,500 (7.1 %) 4360 Subscriptions & Memberships - 400 400 0.0% 4370 Travel & Training 581 1,000 1,000 0.0% 4400 Rental -Land & Buildings 32,452 32,500 32,500 0.0% 4410 Rental- Equipment 212 1,000 1,000 0.0% 4440 License & Registration - 700 200 (71.4 %) 4510 Repair & Maintenance - Building 3,099 2,500 2,500 0.0% 4520 Repair & Maintenance - Vehicles - 2,000 500 (75.0 %) 4530 Repair & Maintenance -Equip 5,786 5,000 5,000 0.0% 4531 Repair & Maintenance - Radios - 100 100 0.0% 4560 Repair & Maintenance -Signs 2,497 3,000 3,000 0.0% 4933 Sales Tax 346 - - 0.0% * TOTAL CONTRACTUAL SERVICES 119,421 92,300 88,300 (4.3 %) 4705 Other Equipment 5,088 5,000 4,000 (20.0 %) * TOTAL CAPITAL OUTLAY 5,088 5,000 4,000 (20.0 %) ** TOTAL PARK MAINTENANCE 928,882 898,300 927,400 3.2% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1560 Senior Citizens Center 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/ DEC 4010 Salaries & Wages -Reg 4030 Contributions - Retirement 4040 Contributions - Insurance 4050 Workers Compensation * TOTAL PERSONAL SERVICES 38,287 38,600 5,609 5,800 295 - 55 100 44,245 44,500 39,100 1.3% 5,900 1.7% - 0.0% 100 0.0% 45,100 1.3% 4120 Supplies- Equipment 4130 Supplies- Program * TOTAL MATERIALS & SUPPLIES 4300 Fees, Services 4340 Printing & Publishing 4350 Cleaning & Waste Removal 4360 Subscriptions & Memberships 4370 Travel & Training 4375 Promotional Expense 4380 Mileage 4933 Sales Tax * TOTAL CONTRACTUAL SERVICES 397 300 300 0.0% 2,720 3,200 3,000 (6.3 %) 3,117 3,500 3,300 (5.7 %) 21,196 20,000 20,000 0.0% - 100 100 0.0% 80 200 200 0.0% 59 100 100 0.0% 276 300 300 0.0% 74 200 200 0.0% 64 100 100 0.0% 0 - - 0.0% 21,749 21,000 21,000 0.0% ** TOTAL SENIOR CITIZENS CENTER 69,111 69,000 69,400 0.6% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1600 Recreation Programs 2011 to 2010 2011 2012 2012 LCCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC /(DEC 4010 Salaries & Wages -Reg 90,434 89,800 91,100 1.4% 4020 Salaries & Wages -Temp 46,431 54,500 54,500 0.0% 4021 Overtime -Temp 205 1,100 1,100 0.0% 4030 Contributions - Retirement 16,640 17,500 17,200 (1.7 %) 4040 Contributions- Insurance 8,034 8,900 9,200 3.4% 4050 Workers Compensation 878 1,000 1,100 10.0% * TOTAL PERSONAL SERVICES 162,621 172,800 174,200 0.8% 4120 Supplies- Equipment - 2,000 2,000 0.0% 4130 Supplies- Program 13,165 15,600 15,600 0.0% 4240 Uniforms & Clothing 1,244 1,500 1,500 0.0% * TOTAL MATERIALS & SUPPLIES 14,409 19,100 19,100 0.0% 4300 Fees, Services 55,860 54,000 54,000 0.0% 4310 Telephone 2,087 1,300 2,100 61.5% 4320 Utilities 3,487 3,000 3,000 0.0% 4330 Postage - 200 - (100.0 %) 4340 Printing & Publishing 5,239 4,400 4,900 11.4% 4360 Subscriptions & Memberships 35 - - 0.0% 4370 Travel & Training 293 600 600 0.0% 4380 Mileage - 100 100 0.0% 4400 Rental -Land & Buildings 7,268 6,500 7,000 7.7% 4410 Rental- Equipment 22,832 20,000 23,000 15.0% 4933 Sales Tax 198 - - 0.0% * TOTAL CONTRACTUAL SERVICES 97,299 90,100 94,700 5.1% ** TOTAL RECREATION PROGRAMS 274,330 282,000 288,000 2.1% CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1700 Self- Supporting Programs 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC /(DEC 4010 Salaries & Wages -Reg 22,608 23,500 23,800 1.3% 4020 Salaries & Wages -Temp 3,109 900 3,000 233.3% 4030 Contributions - Retirement 3,549 3,700 3,800 2.7% 4040 Contributions - Insurance 2,008 2,200 2,300 4.5% 4050 Workers Compensation 74 100 100 0.0% * TOTAL PERSONAL SERVICES 31,349 30,400 33,000 8.6% 4120 Supplies- Equipment - 600 - (100.0 %) 4130 Supplies- Program 7,501 8,000 7,700 (3.8 %) * TOTAL MATERIALS & SUPPLIES 7,501 8,600 7,700 (10.5 %) 4300 Fees, Services 4933 Sales Tax * TOTAL CONTRACTUAL SERVICES 22,933 43,000 37,000 (14.0 %) 81 - - 0.0% 23,014 43,000 37,000 (14.0 %) ** TOTAL SELF - SUPPORTING PROGRAMS 61,864 82,000 77,700 (5.2 %) CITY OF CHANHASSEN 2012 BUDGET 101 General Fund 1800 Recreation Sports 2011 to 2010 2011 2012 2012 ACCOUNT DESCRIPTION ACTUAL BUDGET BUDGET % INC/(DEC) 4020 Salaries & Wages -Temp 11,880 10,000 12,000 20.0% 4030 Contributions - Retirement 1,034 400 1,000 150.0% 4050 Workers Compensation 198 100 200 100.0% * TOTAL PERSONAL SERVICES 13,112 10,500 13,200 25.7% 4120 Supplies- Equipment 2,106 2,000 2,000 0.0% 4130 Supplies- Program 857 2,100 2,100 0.0% 4240 Uniforms & Clothing 4,763 3,800 4,200 10.5% 4375 Promotional Exepnses - 1,000 200 (80.0 %) * TOTAL MATERIALS & SUPPLIES 7,726 8,900 8,500 (4.5 %) 4300 Fees, Services 120 - - 0.0% 4340 Printing & Publishing 777 - - 0.0% 4933 Sales Tax 45 - - 0.0% * TOTAL CONTRACTUAL SERVICES 942 - - 0.0% ** TOTAL RECREATION SPORTS 21,780 19,400 21,700 11.9% City of Chanhassen 2011 Assessment Summary Chanhassen Value Distribution 2011 O Apartment 0 Other 1% 2% ■ Residential ■ Commercial/ Industrial 12% ■ Commercial /In dustrial ❑Apartment ❑ Other ■ Residential 84% Apartment Other Total 2011 EMV $2,693,676,100 $416,858,200 $45,314,000 $46,202,200 $3,202,050,500 2010 EMV $2,765,285,800 $435,747,600 $45,590,900 $45,976,600 $3,292,600,900 Total Value Change ($71,609,700) ($18,889,400) ($276,900) $225,600 ($90,550,400) New Construction $37,190,300 $0 $0 $0 $37,190,300 Market Change ($108,800,000) ($18,889,400) ($276,900) $225,600 ($127,740,700) • New Construction 1.38% 0.00% 0.00% 0.00% 1.16% • Market Change - 3.93% -4.33% -0.61% 0.49% - 3.88% 2011 Total % Increase - 2.59% - 4.33% -0.61% 0.49% - 2.75% Chanhassen Value Distribution 2011 O Apartment 0 Other 1% 2% ■ Residential ■ Commercial/ Industrial 12% ■ Commercial /In dustrial ❑Apartment ❑ Other ■ Residential 84% Carver County Tax Rates for 2011 City 2011 Tax Rate ** Carver 47.957 - - hasc Chaska 23.483 Cologne 61.934 Hamburg 98.404 Mayer 59.472 New Germany 62.059 Norwood Young America 48.552 Victoria 37.421 Waconia 41.891 Watertown 46.296 Average 50.370 ** - Based on Urban Tax Rates KFS Cities Budgeted Expenditure Comparison City Population * Budgeted Expenditures ** 2010 2011 % Increase From 2011 Per Capita Spending 2011 Chanhassen 22,952 $ 9,618,600 $ 9,727,800 1.14% $ 424 Andover 30,598 12,219,037 13,267,414 8.58% 434 Champlin 23,089 9,554,351 9,965,931 4.31% 432 Chaska 23,770 9,915,329 9,996,010 0.81% 421 Farmington 21,086 10,019,844 9,349,781 -6.69% 443 Inver Grove Heights 33,880 19,111,100 19,223,500 0.59% 567 Lino Lakes 20,216 8,889,255 8,740,353 -1.68% 432 Oakdale 27,378 11,549,334 11,447,965 -0.88% 418 Prior Lake 22,796 10,031,046 10,198,453 1.67% 447 Savage 26,911 11,774,071 11,982,361 1.77% 445 Shoreview 25,043 12,093,196 12,409,115 2.61% 496 Average 25,247 11,343,197 11,482,608 1 1.11% 451 Victoria 7,345 3,432,388 3,609,353 5.16% 491 * - Met Council population estimate ** - Minnesota State Auditors Office City sumary budget report for 2010 and 2011 Revolving Assessment Fund 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Project Cost 1,200,000 1,700,000 800,000 1,100,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 Assessments 40% (480,000) (680,000) (320,000) (440,000) (480,000) (480,000) (480,000) (480,000) (480,000) (480,000) (480,000 (480,000) (480,000) (480,000) (480,000) City Share 720,000 1,020,000 480,000 660,000 720,000 720,000 720,000 720,000 720,000 720,000 720,000 720,000 720,000 720,000 720,000 Fund Bel - BOY 1,172,000 802,488 173,218 248,482 369,532 435,132 347,688 463,817 582,786 640,549 688,423 683,376 1,166,684 1,654,869 2,155,848 Levy 256,570 437,842 130,680 444,410 450,192 431,698 670,538 664,293 659,378 660,978 653,293 1,114,690 1,111,790 1,109,990 1,109,290 Repayment 550,545 627,842 737,346 765,878 802,734 670,731 632,082 637,701 579,728 566,845 521,755 534,837 528,195 528,195 528,195 Less Prepaid Specials Project Costs (1,200,000) (1,700,000) (800,000) (1,100,000) (1,200,000) (1,200,000) (1,200,000) (1,200,000) (1,200,000) (1,200,000) (1,200,000) (1,200,000) (1,200,000) (1,200,000) (1,200,000) Investable Balance 779,115 168,173 241,244 358,769 422,458 337,561 450308 565,812 621,892 688,372 663,472 1,132,703 1,608,669 2,093,055 2,593,332 MVHC Street Levy & Tat Interest 23,373 5,045 7,237 10,763 12,674 10,127 13,509 16,974 18,657 20,051 19,904 33,981 48,200 82,792 77,800 Fund Bal - EOY 5,366,920 2,971,232 4,885,992 3,600,000 (56,000) 802,488 173,218 248,482 369,532 435, 132 347, 688 463, 817 582,786 640,549 688,423 683,376 1,166,684 1,654,869 2,155,846 2,671,132 .Repayment Schedule _ 8 yr assmt @ 6% Project Year 2005 $142,000.00 23,000 23,000 23,000 23,000 23,000 23,000 23,000 2006 $34 ,000.00 34,000 34,000 34,000 34,000 34,000 34,000 34,000 2007 $209,300.00 209,300 209,300 209,300 209,300 209,300 209,300 209,300 2008 $103,063.00 103,063 103,063 103,063 103,063 103,063 103,063 103,063 2009 $58,795.00 58,795 58,795 58,795 58,795 58,795 58,795 58,795 2010 $122,387.00 122,387 122,387 122,387 122,387 122,387 122,387 122,387 2011 $77,297.25 77,297 77,297 77,297 77,297 77,297 77,297 77,297 2012 $109,504.44 109,504 109,504 109,504 109,504 109,504 109,504 109,504 2013 $51,531.50 51,532 51,532 51,532 51,532 51,532 51,532 51,532 2014 $70,855.81 70,858 70,856 70,856 70,856 70,856 70,856 70,856 2015 $77, 297,25 64, 414 64, 414 64 ,414 64,414 64,414 64,414 64,414 2016 $77, 297,25 64, 414 64, 414 64 ,414 64,414 64,414 64,414 64,414 2017 $77, 297,25 64, 414 64, 414 64 ,414 64,414 64,414 64,414 64,414 2018 $77, 297,25 64, 414 64 ,414 64,414 64,414 64,414 64,414 2019 $77,297.25 64,414 64,414. 64,414 64,414 64,414 2020 $77 ,297.25 64,414 64,414 64,414 64,414 2021 $77,297.25 64,414 64,414 64,414 2022 $77,297.25 84,414 64,414 2023 $77,297.25 64,414 2024 $77,297.25 Eliminated Transfer of $50,000, and projects increased to $1.2 million starting in 2015. Suggested Changes Begin Fund Balance (56,000) Replace Lyman Tsf with MSA - Const 885,000 Replace Lyman Park ded tsf with R/A (647,000) Gen Fund Tsf 395,000 YE reconciliations 595,000 New 2011 Beg fund Bal 1,172,000 City of Chanhassen, Minnesota Bond Tax Levies 2006 -2029 Debt Levies Totals 2.999.900 2,949,600 4,440,398 10.389.898 2005 C Ref 300,000 300.000 738 515 738 515 13 184.080 2009A@@ 2005 1998A Park 2002A 2010A Subtotal of 2001C 2003A 2004A Subtotal of 1999 20016 - Subtotal of 2000 Subtotal of Total Year of GO Park GO Library GO Refund Market GO Equip GO Equip GO GO GO Impr GO Impr Spec Assmt GO Pub Other General Collection Bonds Bonds 2002A Up Value Levies Carts Carts Bonds Levies Bonds Bonds Levies Proj Levies Bonded Debt 2006 634,800 486,700 2008 1,121,500 138,814 345,800 484,614 100,000 100,000 122,048 122,048 1,828,162 2007 696,500 489,100 285,000 1,185,600 141,380 346,900 488,280 100,000 100,000 122,548 122,548 1,896,428 2008 695,900 490,700 1,186,600 138,173 346,700 484,873 100,000 100,000 122,703 122,703 1,894,176 2009 972,700 491,300 2011 1,464,000 297,900 297,900 2012 - 122,603 122,603 1,884,503 2010 2012 496,400 496,400 1,809,190 2013 550,000 593,200 122,195 122,195 618,595 2011 495,400 1,809,190 495,400 233,800 592,100 90,000 444,410 126,420 126,420 621,820 2012 1,809,190 2015 351,648 351,648 590,600 90,000 450,192 2015 1,809,190 - 351,648 2013 240,700 445,310 445,310 2016 1,377,492 431,698 1,809,190 2017 445,310 2014 596,700 90,000 448,880 448,880 1,138,652 670,538 1,809,190 2018 448,880 2015 2018 446,098 446,098 664,293 1,809,190 2019 600,300. 90,000 446,098 2016 1,149,812 452,792 452,792 2020 600,800 90,000 2020 452,792 2017 660,978 1,809,190 451,952 451,952 600,400 90,000 2021 1,155,897 451,952 2018 2022 461,297 461,297 90,000 2022 694,500 1,114,690 1,809,190 461,297 2019 607,400 459,512 459,512 2023 697,400 1,111,790 1,809,190 2024 459,512 2020 90,000 457,412 457,412 1,109,990 1,809,190 2025 609,900 457,412 2021 2025 699,900 465,497 465,497 1,809,190 2026 614,600 90,000 465,497 Totals 2.999.900 2,949,600 4,440,398 10.389.898 - 418 367 1,337,300 1,755,667 300,000 300.000 738 515 738 515 13 184.080 2009A@@ 2005 2008 ## 2010 ++ 2010 Total Levy Excess to" Potential Actual 212 Bonds PW Facility Fire Station Audubon Year w/ CIP Est Pay debt Exceac Levy Levy 2006 80,000 2006 1,908,162 285,000 - 1,938,790 2007 80,000 2007 1,976,428 67,238 - 1,909,190 2008 285,000 2008 2,179,176 269,986 - 1,909,190 2009 285,000 2009 2,169,503 460,313 - 1,809,190 2010 337,500 599,300 253,795 2010 1,809,190 - - 1,809,190 2011 336,800 594,000 256,570 2011 1,809,190 - 1,809,190 2012 335,900 593,800 90,000 437,842 2012 1,809,190 - 1,809,190 2013 550,000 593,200 90,000 130,680 2013 1,809,190 - 1,809,190 2014 233,800 592,100 90,000 444,410 2014 1,809,190 - 1,809,190 2015 232,300 590,600 90,000 450,192 2015 1,809,190 - 1,809,190 2016 240,700 594,000 90,000 2016 1,377,492 431,698 1,809,190 2017 596,700 90,000 2017 1,138,652 670,538 1,809,190 2018 593,600 90,000 2018 1,144,897 664,293 1,809,190 2019 600,300. 90,000 2019 1,149,812 659,378 1,809,190 2020 600,800 90,000 2020 1,148,212 660,978 1,809,190 2021 600,400 90,000 2021 1,155,897 653,293 1,809,190 2022 604,500 90,000 2022 694,500 1,114,690 1,809,190 2023 607,400 90,000 2023 697,400 1,111,790 1,809,190 2024 609,200 90,000 2024 699,200 1,109,990 1,809,190 2025 609,900 90,000 2025 699,900 1,109,290 1,809,190 2026 614,600 90,000 2026 704,600 1,104,590 1,809,190 2027 612,700 90,000 2027 702,700 1,106,490 1,809.190 2028 620,100 90,000 2028 710,100 1,099,090 1 1 809,190 2029 620,600 90,000 2029 710,600 1,098,590 1,809,190 Totals - - - - - 2,267,000 730,000 12.04 7,800 1,620,000 1,973,489 48.420 31.822.369 1.082.536 "- These funds to be used to Pay down the debt levy each of the next four years. The PW facility is for 8 Million and bonding for $7 Million of the 8 Million. + +- The Fire Station Facility is now for $2.5 Million with the assumption of no land acquisition costs, building costing $2.0 million and .5 in equipment, the other .5 in equipment to be funded by the Capital Replacement Fund. It also has the assumption of the sale of the PW facility at $1.7 million to be used for construction of the Fire Station, therefore bonding for only 800,000 The 2001 B debt service fund has sufficient fund balance due to prepaid specials, we am able to canoel the ley needed to pay the debt in 2008 8 2009. It is our plan to use that excess levy for General Fund Operations rather than lower the use of Cash Reserves to keep the debt ley flat from the previous year Q0 - The 2009A Refunded the 2005A Mndot loand and 2006A MUSA area improvements. Format Dynamics:: CleanPrint :: http: / /www.startribune .com/business /126341238.html StarTribune Page 1 of 2 July building construction up from a year ago, down from June Article by: MARISSA EVANS , Star Tribune Updated: July 28 2011 - 9:12 PM Residential construction permits skyrocketed 40 percent in July from a year ago but were down slightly from the number in June, according to a Builders Association of the Twin Cities report released Thursday. In July 257 permits were issued for 370 units, down from June's 260 permits for 385 units. Despite wavering consumer confidence as the state shut down over the budget impasse, recent studies have "confirmed that Americans still want to own their own home," association president Rich Riemersma said in a statement. "And July's permits seem to bear that out." Owning a home, long part of the American dream, has taken hits the past few years as the housing crisis pushed many Americans into foreclosure or saddled them with a house they could barely afford but couldn't sell. But a study released earlier this month by the National Association of Home Builders found 75 percent of respondents believed owning a home is worth the risk of the housing market fluctuations. About 95 percent of home owners said they're happy with their decision to own a home, while 73 percent of non - homeowners said buying a house was a goal. In a poll conducted by the New York Times and CBS, nearly 90 percent of Americans still feel that homeownership is essential to the American dream and want it to stay that way for themselves and others. Mike Swanson, division vice president for Rottlund Homes, said the state shutdown during July that had been expected to have an adverse effect on home builders seeking state electrical inspections wasn't as bad as they had feared. "The situation is most of the larger suburbs have their own in -house inspectors, so t hose cities were not impacted," Swanson said. "The metro areas went to their city attorney and found a way to contract around the state and have electrical inspection by Advertisement FRIDAY, SEMMBER N -9 LE N WN' MWic LAKE. O 00rel Print Powered BY httnJ /www..qtortr ihune.cnm /temnlates /fdcn ?uninne =131 1952955023 7/29/2011 Format Dynamics :: C1eanPrint :: http: / /www.startribune .com/business /126341238.html StarTribune Page 2 of 2 working with neighboring cities." However, Swanson said numbers are still much lower than they should be. "The debt ceiling could hold back our anemic growth because things are picking up a little bit here," Swanson said. "The economy just needs to continue moving forward." Farmington topped the list this month with permits to build 71 units; next highest were Blaine Chanhassen, iymouth and Shakopee. Sheryl Kempster, a real estate agent with Stone Cottage Construction in Apple Valley, said Farmington's new high school and affordable homes have helped fuel increased construction in the area. The economic downturn caused many lots in the area to go back to banks, but now construction companies have been able to buy these same lots for 40 percent to 60 percent lower than the original price. "Right now it's attractive for buyers to come and purchase a new - construction home with amenities buyers are wanting and still be under the [$300,000] price range," Kempster said. "This is not a doom and gloom like they're reporting -- we just saw pending sales are way up, and we can't build them fast enough." Marissa Evans • 612 - 673 -4211 Advertisement httn• / /www ctartrihiinP r.nm /tPmnlatPC /film ?nninnP =1111 QS?W550?1 7/ ?4/7(111 Format Dynamics:: C1eanPrint :: http: / /www.startribune .com/premium /126408518.html Page 1 of 4 Pockets of recovery Article by: , Star Tribune Updated: July 30, 2011 - 8:54 PM Brett and Heather Edelson aren't looking for anything out of the ordinary: a four - bedroom house in Edina with a big yard and a finished basement. They've been shopping since March and still no deal. "We thought it would be a buyers' market," said Brett. "We're surprised at how few houses there are to look at." He had reason to think he'd be in the driver's seat. Since the housing crash began in 2005, home prices appeared to hit bottom just before the $8,000 federal home buyer's tax credit helped boost prices early last year. The credit expired in April 2010, causing sales to slow and prices to fall again. Home prices in the metro area have fallen another 10.2 percent since the credit expired. Not so in Edina, however, and in about 15 percent of metro -area communities where prices have defied gravity by actually rising in this sustained housing downturn. Signs of recovery? Perhaps. While rising prices are a positive indicator in a market that has had little to celebrate, it's too soon to tell whether prices will continue to climb in those areas. "The answer is a lot more complicated than a simple number at the end of an equation," said Aaron Dickinson, a Twin Cities sales agent who provides analytical support for the Minneapolis Area Association of Realtors. "You have to peel back more layers of the onion to get a feel for it." While increases in sale prices have helped boost confidence in the market, data prepared for the Star Tribune by the Minneapolis Area Association of Realtors suggest that many of these pockets of recovery -- about 20 -- still face significant challenges, including too many listings, high levels of foreclosures and slow sales. "Whether this is the bottom is something we won't know for another year or two," Dickinson said. Herb Tousley, director of the Shenehon School of Real Estate at the University of St. Advertisement Print Powered By ..,��w.�.�_.. 1.)Vnam http://www.startribune.com/templates/fdcp?unique=1312208356311 8/1/2011 Format Dynamics:: C1eanPrint :: http:// www. startribune .com/premium /126408518.html ,tr Page 2 of 4 Thomas, said that while a recovery is "going to take some time," it's promising to see rising prices in at least a handful of communities. "They'll hopefully lead the whole market out, assuming that the economy keeps improving and employment and consumer confidence keep increasing." Here's a look at communities that are showing some signs of life -- and why EDINA One of the best indicators of a stable market is a low foreclosure rate. Edina has it. During the first six months of the year only 19 percent of all sales were foreclosures or short sales, compared with nearly half of all sales for the metro area. At the same time inventory is getting low. By the end of June there was just a six -month supply of listings, in line with a general rule that a market is balanced with a five- to six -month supply of houses on the market. Those numbers are no surprise to John Wanninger of Coldwell Banker Burnet Realty, who has sensed for several months that the housing market in Edina has been on the verge of a big shift, in part because he's getting calls from agents asking if he has listings not yet on the market. The numbers confirm his instincts. From peak (2006) to valley (2009) the median sale price has fallen only 16.7 percent in Edina. From that valley prices are up 4.6 percent to $340,000. The correlation between low foreclosure rates and rising prices is true, as well, in St. Paul's Highland Park neighborhood, where distressed sales constitute only 18.5 percent of sales so far this year and the median sale price of $234,000 is only 5.4 percent above the low point in 2009. In Chanhassen foreclosures and short sales represented 29 percent of the market and prices are up 7.7 percent from the bottom. All three communities largely escaped the first wave of fraud - riddled foreclosures, and with their relatively higher incomes, have escaped the second wave caused by unemployment - related defaults as the economy went south. In Edina, demand has remained constant because parents like the Edelsons, who now live in south Minneapolis, want their kids to attend schools in Edina. With developable land in short supply, there's also strong demand for moderately priced houses that can be torn down and replaced with much bigger ones. "We have Advertisement TRACE ADK FRIDAY, SEPMMSER ON S JAME NOWN' MYS+ic LA-KC Print Powered By :...... r� t http: / /www.startribune.com/ templates /fdcp ?unique= 1312208356311 8/1/2011 Format Dynamics:: C1eanPrint :: http:// www. startribune .com/premium/126408518.html • Page 3 of 4 multiple bidders chasing tear -down sites faster than they can get deals together," Wanninger said. Recently, a $365,000 house got five offers the day it went on the market. The same happened late last year when a house hit the market for $849,000 and, driven up by multiple offers, sold for $899,000. Such deals give prospective buyers confidence, Wanninger said. "There's a sense that it's a safe place to invest," he said. NORTH MINNEAPOLIS Contrary to what's happening in Edina, extremely high levels of foreclosures have also helped drive a price recovery in other markets. For example, in a corner of north M inneapolis more than 65 percent of all sales so far this year were foreclosures and short sales. After hitting bottom in 2010, the median sale price has risen 9.4 percent to $42,000. The market, just west of the Mississippi River and bordered by Lowry Avenue on the north and Glenwood Avenue on the south, is known for its historic houses. The neighborhood, part of the larger Near North community, and other inner -city neighborhoods became magnets for mortgage fraud, leading to unusually high levels of foreclosures and values that plummeted. Those fire -sale prices have drawn investors such as Jennifer Olstad, who left her full - time job to buy and renovate houses on the North Side. She competes with other investors on properties, causing inventory to be tight. "I've got buyers, but I can't find product," said Sarah Huss, a sales agent with Edina R ealty, who lives and works on the North Side. She said that while prices on the North Side fell fast and hard, they've recovered just as quickly. Prices have also been propped up by millions of dollars from the federal Neighborhood Stabilization Program. That funds the Twin Cities Community Land Bank, which works with private developers to rehab foreclosures that are resold to owners who plan to occupy them. The neighborhood also has a high percentage of contracts for deed, house sales that are privately financed and not always supported by professional appraisals, meaning that sale prices on some Advertisement AL O.wtd'.Wd opomed by aft:smS o +% ALkiwyAatiFat2 5iaaG€�i.7ifttu7$y tA+14 IAF.. Print Powered By http: / /www.startribune.com /templates /fdcp ?unique= 1312208356311 8/1/2011 Format Dynamics:: C1eanPrint :: http: / /www.startribune.com /premium /126408518.html Page 4 of 4 houses might be artificially high. A similar phenomenon is true in East Bethel, where 73 percent of all sales so far this year are distressed. Prices there fell 47 percent from their peak since 2005. The median sale price now is $154,000, up 2.4 percent from the bottom. St. Michael, a rural suburb in Wright County, has seen a similar trend. FOREST LAKE Low inventory levels are almost always an indicator of strong demand and rising prices. And the converse is often true, too. But in Forest Lake, there was a 12.5 -month supply of listings on the market last month, almost twice the metro -wide average. Despite that glut of listings and the fact that about half of all sales this year were distressed, sale prices so far this year there have increased more than almost every other market since the low point in 2010. They could use the gains. Prices there peaked at more than $250,000 before failing more than 50 percent. The median sale price so far this year is $155,000 in the Washington County city, 14 percent higher than last year when the median sale price hit a post -crash bottom. Agents who work the market are at a loss to describe the dramatic swings. One theory is that the declines were led by an oversupply o f listings, especially new construction. Sheryl Craven, general manager at ERA Muske Co. in Forest Lake, said that despite high inventory, prices are now so low that buyers now see serious value. In contrast, Little Canada, which experienced a similar 50 percent -plus decline in prices, a 23.8 percent increase in prices since last year has been accompanied by unusually low inventory. Agents in Forest Lake say that the city is becoming popular with move -up buyers who are taking advantage of low prices on the area's lakeshore properties. Buyers are also drawn by the area's highly rated schools. Debbie Discher, a sales agent with Coldwell Banker Burnet in Forest Lake, said that during the past three months she's been busy enough to work around the clock. "I haven't seen it like this since I first got into real estate in the late'90s," she said. Jim Buchta • 612 - 673 -7376 Advertisement Print Powered By F"o r rr _a ",D http:// www .startribune.com/templates /fdcp ?unique = 1312208356311 8/1/2011