2010 Public Budget Presentation
2010 Budget
Public Budget Meeting
December 14, 2009
1
Preliminary budgets submitted by Department
Directors in July.
Budget reviewed by Finance Director and
City Manager in August.
Preliminary Tax Levy Adopted for Truth-in-
Taxation Statement purposes on September 14.
Detail budget meeting held in October.
Public budget meeting held on December 7.
Budget adoption on December 14.
2
2009 2010 % Change
BudgetBudgetfrom 2009
$2,038,000$1,938,200-4.9%
General Government
$3,096,100$2,960,000-4.4%
Law Enforcement
$2,227,500$2,257,300+1.3%
Public Works
$445,500$445,800+.1%
Community Development
$1,860,000$1,906,100+2.5%
Park & Recreation
$192,000$50,000-74.0%
Transfer for Roads
$9,859,100$9,557,400-3.1%
Total
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2009 2010 % Change
BudgetBudgetfrom 2009
$7,003,500$7,210,000+2.9%
Property Tax
$1,451,100$801,100-44.8%
Licenses & Permits
$265,00$285,000+7.5%
Intergovernmental Rev.
$574,000$707,800+23.3%
Charges for Services
$158,500$133,500-15.8%
Fines & Penalties
$407,000$420,000+3.2%
Other Revenue
$9,859,100$9,557,400-3.1%
Total Revenue
4
9,859,1009,557,400
$$
+5.8%-3.1%
$10,000,000
9,318,300
$
9,062.400
$
+2.8%
8,307,920
8,615,100
$
$
+5.2%
+5.7%
+3.7%
$9,000,000
7,860,7857,860,785
$$
0%
$8,000,000
$7,000,000
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$0
2003200420052006
2007200820092010
5
Total General Fund expenditures decrease 3.06%.
No cost-of-living or wage increases included for
2010 budget.
Most other expenditure line items kept flat from
previous year.
Transfer for roads adjusted to help balance budget
in 2010.
One FTE was eliminated for 2010 budget.
Budgeted permit revenue reduced $650,000
(49.1%).
6
Tax Capacity Levies20092010% Chg
General Fund$7,173,500$7,380,000+2.9
Capital Replacement$824,000$824,000+0.0
MSA (Sealcoating)$267,875$200,000-25.3
General Obligation Debt$582,900$337,500-42.1
Audubon Road Improve$0$253,795+100.0
Public works Facility$0$599,300+100.0
EDA Debt$122,603$122,195-0.3
TOTAL TAX $8,970,878$9,716,790+8.3
CAPACITY LEVIES
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Market Value Levies20092010% Chg
Park Referendum$612,387$0-100
Library Referendum$491,300$496,400+1.0
TOTAL MARKET $1,103,687$496,400-55.0
VALUE LEVIES
8
General Fund levy increase of 2.9%.
Total tax levy increase of $138,625 or 1.38%.
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Below are some examples of how the 2010 levy will
impact some property owners:
2009 2010 Percent 2009 City 2010 City Percent
ValueValueChangeProperty TaxProperty TaxChange
Parcel
1$206,700$200,100-3.2%$553.26$539.26-2.5%
2$349,100$341,400-2.2%$999.41$995.82-.4%
3$382,300$376,800-1.4%$1,103.44$1,102.29-.1%
4$511,400$500,300-2.2%$1,493.18$1,475.48-1.2%
5$616,500$599,800-2.7%$1,866.30$1,839.44-1.4%
6$764,000$799,900+4.7%$2,390.30$2,571.14+7.5%
10
Adopt the tax levy and budget as shown
on Monday, December 14, 2009.
11