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HomeMy WebLinkAbout7.A. Public Meeting addressing the 2015 Budget, Property Tax Levy, Debt Service Cancellation Res. No. 7516, 7517, 7518 General Business 7 A.• TO: Mayor and City Council Mark McNeill, City Administrator FROM: Julie Linnihan, Finance Director/City Clerk DATE: 12/02/2014 SUBJECT: Public Meeting addressing the 2015 Budget, Property Tax Levy, Debt Service Cancellation, specific to certain debt issues, Resolution Nos. 7516, 7517 and 7518. (C) Action Sought Consideration and approval of the 2015 General Fund budget, the 2015 Property Tax Levies and the 2015 Debt Service Cancellations, specific to certain debt issues. Background The budget process for municipalities covers an extensive period of the calendar year, beginning with the initial staff review and completion of the budget work papers, to development of the preliminary levy which is approved by Council each September, and nears completion in December with the public meeting to address the overall budget, levies and debt service cancellations. The packet attached follows the formats of prior years, to provide the Council with details as provided by Scott County, work papers that address the specific budget requests for staff and projects, and summary sheets by categories of revenues and expenditures for the overall General Fund. As in past years, the transfers to the Capital Improvement Plan, the Economic Development activities, and community projects have become a major portion of the budget and funding discussions. Recommendation Request consideration and approval of the attached budget resolutions, Resolution Nos. 7516, 7517 and 7518. Budget Impact Establish the 2014 General Fund budget and request the 2015 property tax levy from Scott County. Relationship to Vision Maintain the City's strong financial health (C) Requested Action Consider and approve the following resolutions: Resolution No. 7516, A Resolution Adopting the 2015 Budget Resolution No. 7517, A Resolution Setting the 2014 Property Tax Levy, collectible in 2015 Resolution No. 7518, A Resolution Canceling Debt Service Levies for 2014/2015 Attachments: Final Budget Memo 2015 Budget Requests General Fund Sumary General Fund Expenditure General Fund by Object Code Resolution 7516 Resolution 7517 Resolution 7518 Debt Service Funds Scott County Levy Certification Scott County Property Assessment Reporting City of Shakopee Memorandum To: Mayor and City Council Mark McNeill,City Administrator From: Julie A.Linnihan,Finance Director Subject: 2014 General Fund Budget Overview Date: December 2,2014 The City of Shakopee annually adopts a General fund budget and property tax levy for the upcoming year. The following information provides an overview of many elements that have been brought into the budget process during 2014,when planning for the 2015 budget year. Overview: The annual budget process requires the coordination of staff,Council and many outside entities.The City relies upon the levy(which comprises approximately 60%of the General fund revenues),to fund a majority of the budgeted expenditures of this fund. As was initially identified as a trend in 2013,the market values as determined by Scott County continue to move upward,following several years of declining value for residential properties.The estimate for property value increase in the 2014 budget process was approximately 4.8%.However,the information from Scott County for the 2015 budget year indicates an actual market value increase of approximately 13%. The values that are in place to determine this increase reflect property that was valued as of January 1st,2014. It is anticipated that the commercial construction,new construction and increased building permit activity during 2014 will continue to add to the market value increases for the 2016 budget year. The City will see the benefit of the new construction that is occurring in Dean Lakes,commercial sites along Highway 169, as well as the residential construction and improvements that are meeting the needs of the new and existing residents to Shakopee.During budget discussions,Council was provided with the specific data from Scott County that identified the number of parcels,the parcel break out by classification and parcel count as these attachments indicate. Increases in parcels between 2013 and 2014 are primarily in the areas of Commercial/Industrial,Residential Improved as well as exempt parcels. The Preliminary Levy and Budget were approved by Council on September 16th,2014.This levy allowed for a General fund levy of$ 16,618,000,compared to the prior year's levy of$15,262,000.The preliminary levy also provided for a$25,000 increase to the Fire Building referenda levy for the 2004B debt.Additionally,the 2006A debt service, specific to road projects of 2005 and 2006 was continued in the amount of$343,215,which was almost identical to the 2014 levy amount.Also added to the preliminary levies was the first year of the 2007B Debt Service levy, $92,052.This debt service was for the 2007 Street Road Projects.This is the first year that this specific debt service levy has been included in the total levy amount. In review of the fund position,updated revenue analysis,and status of the 2014 budget to actual spending, staff is recommending a final General fund levy of$16,300,000,an increase from the previous year's levy of$15,793,220. The total of the levies for 2015 is$16,935,267. The two debt service levies of$518,959 were specifically for 2006A debt and the Fire Station debt of 2004B.This had resulted in a total 2014 levy of$16,312,179. This represents an increase in the General fund levy of$506,780,and an increase in the Debt Service levies of 116,308.This provides for a total increased levy of$623,088. This is approximately a 4%levy increase over the 2014 rate. The certification of the preliminary 2015 levy which had been sent to Scott County was used to create the property tax estimate data that appeared on the recently mailed Proposed Property Tax Statements for 2015.This statement provided a property tax payment estimate to property owners of the County,City, School District and Special Taxing Districts for 2015,based on the preliminary levies of each unit. As City staff has continued to refine both the General fund revenues and expenditures. In addition,the preliminary tax levy has been reduced from its initial amount,to the amount presented in the Resolution No. 7517. This reduction has resulted from a combination of higher than anticipated revenues trends,and reductions in several expenditure categories, Budgeted General Fund categories for review and discussion are detailed below: Revenues: The primary sources of General Fund revenues are comprised of the following: • Taxes,including property tax revenues and fiscal disparities,as well as the"pass-through" lodging tax,is a major source of budget revenue. Taxes will provide for the recommended 2015 staff additions,as well as transfers to other funds. The fiscal disparities amount has increased for the 2015 budget,based on the most recent data received from Scott County.The percentage of collections of levied property taxes in Scott County,specific to the City of Shakopee is higher than many communities experience. This has been consistent over the years,which provides a higher than anticipated amount of revenues in the General fund,as an allowances are typically made in levy calculations for a percentage of"delinquent payments".These budgeted delinquent payments have not materialized,as the tax collections are at a rate of over 96% • Licenses and Permits are comprised of franchise payments from cable television fees;City issued licenses, and the broad array of building permit categories. Several permit fees have been increased for 2015,based on the detailed review undertaken by Building Inspection and planning staff. The number and value of permits that are trending in the current year provide a strong base of information to confirm the revenue estimates will increase in 2015. • Intergovernmental revenues provide funding from grants,aids and agreements for shared projects,coordinated from Federal, State and County sources. State grant funding, Municipal State Aid for road maintenance,as well as Police&Fire State Aids are examples of the funds received by the City. The anticipated 2015 revenues in this category are adjusted slightly upward. • Charges for Services cover a broad array of revenue sources,including engineering fees billed for projects,police fees for providing public safety as requested by private entities,fire service fees to Townships,as well as recreation fees.The 2015 amounts reflect adjustments as discussed with engineering,planning and other"fee structured"departments. • Fines are specific to police related activity.The October 1,2014 change from the Scott Joint Prosecution Association agreement to Scott County has reduced the revenue flow in 2015 from prior year comparisons.However,this reduction will be offset by a reduction in the Police Public Safety expenditures. • Miscellaneous revenues consist of interest and reimbursements for contributions,donations, and interest earnings.In 2015 interest rates continue to decline,and reduced estimates have been developed for the contributions and reimbursements that the City receives annually. The investment analysts are not anticipating this revenue source to increase in the upcoming budget year. • Transfers were in account of the charges that are applied to the Storm Water and Sewer Funds, which cover General fund costs for administration,payroll,billings,insurance,etc.These have been increased in 2015 to more accurately reflect time spent. The general property tax levy is as follows: Proposed 2015 2014 Tax Levy Tax Levy %Change General Levy $ 15,793,220 $ 16,300,000 3.21% EDA- General - - Debt Service 343,959 435,267 26.55% Tax Capacity Levy 16,137,179 16,735,267 3.71% Fire Referendum 175,000 200,000 14.29% Total Levy $ 16,312,179 $ 16,935,267 3.82% In 2015,the City will continue to monitor and benefit from the market value increases that will impact the overall tax capacity of the City in the future year budgets. Shakopee is fortunate to have such growth,as well as also having a broader base of consistent revenue sources outside of the property tax system. The City does not have a reliance on Local Government Aid(LGA),which has created problems for other communities who have had to plan for, and anticipate legislative changes to this highly volatile revenue source. The City also does not have a reliance on a single large employer,which is often problematic in planning current and future year budgets. Since Shakopee continues to expand its broad base of commercial and industrial tax base,the impact of changes in a single industry or business has not and will not impact the financial base of the market value of the City.Legislative changes to the tax structure and the tax classifications can also create concerns as to the consistency and comparability of the revenue sources. City staff works closely with many outside organizations such as the League of Minnesota Cities,the Municipal legislative Commission,and Metro Cities during the legislative session to ensure that the policies and programs and their potential impact on the community are fully reviewed and recognized. Expenditure Highlights: Personnel Wages for the employee base reflect a 3%increase from the 2014 pay plans.The 2015 budget also allows for any step,longevity and certification pay that will occur throughout the year,as stated in the personnel policy and union contracts. Employee benefit costs reflect a zero per cent increase in health insurance premiums over the 2014 budget. This flat increase for benefits applies to the other insurance related costs that are a major component of City costs in all areas of the City budget. PERA(Public Employees Retirement Association)rates were adjusted for the"coordinated"PERA members by the Legislature during the most recent session,Police and Fire PERA contributions for both employee and employer were also increased as follows: 2014 2015 2014 2015 Employee Employer Employee Employer Coordinated PERA 6.25% 6.50% 7.25% 7.50% Police& Fire PERA 10.20% 10.80% 15.30% 16.20% This increase is reflected in the personnel calculations of the 2015 budget. The 2015 budget also provides for the requested addition of several new positions in various departments several of these newly created or upgraded positions are in the Public Safety,Information Technology, Finance/Clerk,Administration and seasonal Public Works areas. The position requests have been reviewed with staff,and departments requesting such additions have determined that the positions are needed to meet the work plans for 2015 and beyond.Assistant City Administrator Kris Wilson will be available at the December 2nd City Council meeting to address any specific questions. The following changes have impacted the 2015 budget,or are different from the 2014 budget: General Government: • The Mayor and Council budget reflects an allocation of$35,000 for funding related to Quiet Zone Railroad discussions. • Staff from several departments are working with LOGIS,the computer consortium that has provided services for many years to the City of Shakopee.The 2015 work plan provides for expansion and addition of several new programs, including a documents licensing and fees program for City Clerk,as well as expansion of plan reviews and permits through program development. These costs are allocated to various departments in the 2015 budget. • The City Clerk budget allows for the reduction of election costs in 2015,as the upcoming election cycle is for the Mayor and Council seats only. • Following recent Council action,the 2015 budget reflects the increased cost of the Assessing services provided and paid to Scott County.Based on the recent number and value of appeals that have been undertaken by Scott County,the increase in the contract rate has been allowed for in the 2015 budget. This will also impact the 2016 budget. • The Clerk's department will continue to work on the upgrades to the City Code,as well as improved laserfiche capabilities and these project costs are carried in the 2015 budgets. • Interdepartmental training and skill building is also a component of Finance and City Clerk budgets. • Lodging tax revenues and offsetting expenditures have been increased due to recent trend review. This is reflected under the Finance area of the budget Public Safety: • The major adjustment to the Police budget is the recent change in the prosecution agreement that went into effect October,2014.This has resulted in a major reduction of both the revenues and expenditures specific to the prosecution services • Equipment charges in the Police Department have been reviewed and updated based on many recent changes to the equipment plan. This included a review of the life expectancy and condition of equipment,recent funding received to assist in equipment purchases from outside groups,as well as a more defined fee calculation for Public Safety Equipment needs • Allocation of wages is reviewed each year,as the department continues to assign personnel as community needs define • The Fire Relief Association pension fund is in a positive state,and for the 2015 budget year,does not require a contribution from the City.This is a result of the increased investment earnings, strong State Aid funding,and status of the fund liability.The 2016 budget already appear to be healthy,and as such may result in a lower than historical request in future years • The equipment rates have also been reviewed in detail for the Fire area,and these charges have been adjusted to reflect a more"current"status of the department equipment and future needs • The records program,which require the assistance of a digital scanning company,has been placed in the Building Inspections budget for 2015. This will allow staff to continue to build a more user-friendly and refined data program,to allow retrieval of current and historical building records Engineering/Public Works: • Motor fuel anticipated costs reflect estimated costs that can be volatile. These may need to be reviewed during the 2015 year • Equipment rates have also been reviewed and revised,based on departmental needs and updates • Salt price increases are reflected in the 2015 budget • Pavement preservation increases reflect the increased maintenance that is anticipated as the infrastructure in the community continues to age. The has been increased focus on the need to meet the program expansion • Utility costs continue to be a focus in this department,and rates and historical costs have driven this year's estimates Parks and Recreation: • The recent expansion of several City parks,as well as new construction will impact the Park maintenance and operations budgets in future years • Athletic field work is requiring more personnel time allocations,as the use and utilization of these facilities continue to grow • The equipment charges allocated to this area are currently in review for future year budgets,to determine if the equipment needs should be adjusted Transfers: Transfer to other funds provide for: • Capital funding for infrastructure-$1,000,000 • EDA transfers for operations/staffing position-$100,000 • EDA Façade loan program-$150,000 • General EDA transfer- $150,000 Fund Balance Consideration: During budget planning the fund balance of the General fund is discussed and considered.Historically, the City has been able to maintain and often increase the fund balance position. The City has sufficient fund balance to provide$300,000 for the funding of the 2015 budget. The fund balance allows staff and Council to prepare and consider planned projects such as improvements to the Downtown Corridor,as well as allow the flexibility needed to address the many as yet undefined projects that surface in the realm of Economic Development and business expansion.Having the resources available to address changes in an era of economic growth provides the Council with a funding tool,and the opportunity to address or respond to needs quickly and develop greater community growth and expansion. As Council considers the three resolutions presented for the 2015 budget process,I am available to answer any questions and concerns. 2015 Preliminary Budget-Revenues,Expenditures and Requested Initiatives Note: 2015 is based on the presented budgets,the same budget has been used for 2016 taking into account the actual full year of wages for the personnel budget initiatives and how those will affect future budgets. 2014 2015 2016 Revenues: Property Taxes $ 15,262,000 $ 16,823,000 $ 16,823,000 Tax Increments - - - Special Assessments 10,400 11,500 11,500 Licenses and Permits 1,267,000 1,348,300 1,348,300 Intergovernmental 938,200 1,028,393 1,028,393 Charges for Services 4,090,375 4,050,700 4,050,700 Fines and Forfeitures 375,000 251,000 251,000 Miscellaneous 320,300 252,000 252,000 Total Current Revenues 22,263,275 23,764,893 23,764,893 Other Financing Sources: Transfers In from Enterprise Funds 180,000 250,000 250,000 Total Other Financing Sources 180,000 250,000 250,000 Total Revenues . y ,u_.. . $ 22,443,275 $ 24,014,893 $ 24,014,893 Expenditures: General Government $ 3,815,470 $ 3,990,175 $ 3,990,175 Public Safety 10,476,353 9,790,544 9,790,544 Public Works 3,117,870 3,238,343 3,238,343 Park and Recreation 4,215,932 4,332,365 4,332,365 Unallocated 235,000 259,500 259,500 Interest - - - Capital Outlay 1,700 1,500 1,500 Total Current Expenditures 21,862,325 21,612,427 21,612,427 Other Financing Uses Initiatives to be Discussed: Transfers Out-EDA(2190)(Improvement program) 150,000 200,000 225,000 Transfers Out-EDA(2190)(Position and Operations) 180,000 200,000 225,000 Transfers Out-2006A Debt Service Fund - - - Transfers Out-Capital Project Fund(4021)per 5 year CIP 750,000 1,000,000 1,500,000 Total Other Financing Sources 1,080,000 1,400,000 1,950,000 Total Expenditures excluding Budget Initiatives ' : 22,942,325 23,012,427 23,562,427 Budget Initiatives: Position/Project 2014 2015 Cost 2016 Cost New Positions: Assistant Chief Operations/Training(Div:32-Fire) - 77,472 115,417 IT Staff Restructuring(Div: 12-Admin) - 253,603 253,603 Seasonal Park Maintenance Employees(Div:46-Park) - 8,800 8,800 Seasonal Park Maintenance Employees(Div:46-Park) - 8,800 8,800 Seasonal Park Maintenance Employees(Div:46-Park) - 8,800 8,800 Victim&Community Services Coordinator(Div:31-Police) - 65,202 65,202 Finance/Clerk Position(Div: 15-Finance,13 Clerk) - 54,900 59,996 Position Changes: Management Intern to Full time Management Assistant(Div: 12-Admin) - 39,177 39,177 Projects: Downtown and 101 Corridor Project(Div:Downtown Capital) - 500,000 - Total Budget Initiatives - 1,016,753 559,794 _Total Ex.enditures including Budget Initiatives S 22,942,325 $ 24,029,180 $ 24,122,221 `g` ` e M ms, ,.,:1 9 ,ae I %of 2015 Levy -3.1% -0.1% -0.7% Debt Service Payments Recommended to be Levied* 2004B GO Building Referendum 200,000 2006A Improvement Bond 343,215 2007B Improvement Bond 92,052 Total Debt Service Payments Recommended 635,267 * Council will need to address other additional debt service levies currently not included in the 2015 budget. 2015 Annual Budget GENERAL FUND SUMMARY 10/31/2014 Preliminary Actual Actual Actual Budget Requested Budget 2012 2013 2014 2014 2015 REVENUES: TAXES 14,767,993.75 15,578,627.78 8,127,885.97 15,262,000.00 16,323,000.00 TAX INCREMENTS 5,085.95 8,519.74 9,419.49 0.00 0.00 SPECIAL ASSESSMENTS 13,228.46 10,990.10 (4,160.87) 10,400.00 11,500.00 LICENSES AND PERMITS 1,229,184.54 1,443,885.29 1,283,643.38 1,267,000.00 1,348,300.00 INTERGOVERNMENTAL 991,444.89 1,042,125.93 1,647,274.63 938,200.00 1,028,393.00 CHARGES FOR SERVICES 4,035,925.37 4,304,786.73 3,574,366.62 4,090,375.00 4,050,700.00 FINES AND FORFEITURES 368,166.63 348,261.64 266,816.97 375,000.00 251,000.00 MISCELLANEOUS 359,321.00 132,202.49 206,234.32 320,300.00 252,000.00 TOTAL REVENUES 21,770,350.59 22,869,399.70 15,111,480.51 22,263,275.00 23,264,893.00 EXPENDITURES: GENERAL GOVERNMENT (3,152,173.30) (3,201,783.93) (2,763,524.43) (3,815,470.00) (3,990,175.00) PUBLIC SAFETY (9,261,790.95) (9,677,697.35) (8,122,233.76) (10,476,353.00) (9,790,544.00) PUBLIC WORKS (2,347,891.42) (2,587,906.76) (3,395,631.64) (3,117,870.00) (3,238,343.00) PARK AND RECREATION (3,793,880.49) (3,813,027.15) (3,076,166.56) (4,215,932.00) (4,332,365.00) UNALLOCATED (106,387.82) (118,280.83) (678,077.04) (235,000.00) (259,500.00) DEBT SERVICE 0.00 0.00 0.00 0.00 0.00 CAPITAL OUTLAY (31,979.17) (140,706.22) (44,971.58) (1,700.00) (1,500.00) TOTAL EXPENDITURES (18,694,103.15) (19,539,402.24) (18,080,605.01) (21,862,325.00) (21,612,427.00) OTHER FINANCING: TRANSFERS IN 122,400.00 150,000.00 0.00 180,000.00 250,000.00 PROCEEDS FROM SALE OF ASSETS 0.00 150.00 314.49 0.00 0.00 BOND PROCEEDS 0.00 0.00 0.00 0.00 0.00 TRANSFERS OUT (2,980,000.00) (3,910,000.00) 0.00 (1,080,000.00) (1,400,000.00) TOTAL OTHER FINANCING (2,857,600.00) (3,759,850.00) 314.49 (900,000.00) (1,150,000.00) NET 218,647.44 (429,852.54) (2,968,810.01) (499,050.00) 502,466.00 2015 Annual Budget Company: 01000- GENERAL FUND EXPENDITURES 10/31/2014 Requested Division Actual Actual Actual Budget Preliminary Budget 2012 2013 2014 2014 2015 01000-GENERAL FUND 00-N/A 146,501.99 0.00 0.00 0.00 0.00 11 -MAYOR&COUNCIL 154,340.81 151,595.20 135,019.76 175,645.00 213,970.00 12-ADMINISTRATION 891,214.22 966,973.68 819,190.83 1,199,740.00 1,181,340.00 13 -CITY CLERK 263,124.13 231,503.79 254,372.11 322,420.00 420,750.00 15-FINANCE 843,073.18 981,238.85 854,656.75 1,098,510.00 1,178,930.00 16-LEGAL COUNSEL 28,318.50 0.00 0.00 0.00 0.00 17-COMMUNITY DEVELOPMENT 430,183.07 443,725.38 381,080.02 523,040.00 514,605.00 18-FACILITIES 392,087.41 426,747.03 3 13,787.69 496,1 15.00 480,580.00 20-INFORMATION TECHNOLOGY 3,765.92 0.00 0.00 0.00 0.00 31 -POLICE DEPARTMENT 6,836,267.94 7,054,307.48 5,772,739.47 7,668,538.00 7,151,026.00 32-FIRE 1,725,848.32 2,051,044.24 1,812,772.31 2,093,280.00 1,907,846.00 33 -INSPECTION-BLDG-PLMBG-HTG 699,674.69 659,958.49 575,915.16 714,535.00 731,672.00 41 -ENGINEERING 497,722.13 565,902.20 493,569.23 709,100.00 723,090.00 42-STREET MAINTENANCE 1,817,002.39 2,019,535.74 2,928,465.69 2,381,985.00 2,110,568.00 44-FLEET 59,855.76 12,394.30 (20,624.88) 26,785.00 404,685.00 46-PARK MAINTENANCE 1,575,322.18 1,480,568.56 1,238,693.21 1,618,915.00 1,688,104.00 65-LIBRARY 1,082.09 0.00 0.00 0.00 0.00 66-NATURAL RESOURCES 24,999.06 83,797.28 84,520.20 144,030.00 138,660.00 67-RECREATION 2,192,477.16 2,262,394.75 1,752,953.15 2,454,687.00 2,507,101.00 91 -UNALLOCATED 111,242.20 147,715.27 683,494.31 235,000.00 259,500.00 Total 01000-GENERAL FUND 18,694,103.15 19,539,402.24 18,080,605.01 21,862,325.00 21,612,427.00 2015 Annual Budget Company: 01000- GENERAL FUND Object 10/31/14 Requested Account Actual Actual Actual Budget Preliminary Budget 2012 2013 2014 2014 2015 01000-GENERAL FUND REVENUES: TAXES: 4011-CURRENT PROPERTY TAX (12,810,586.22) (13,582,854.55) (6,931,764.45) (13,240,000.00) (14,060,000.00) 4013-MARKET VALUE CREDIT (684.61) (1,509.29) (702.79) 0.00 0.00 4015-FISCAL DISPARITIES (1,676,668.68) (1,655,619.01) (917,771.87) (1,700,000.00) (1,900,000.00) 4020-MOBIL HOME TAX (330.97) (334.13) (187.35) 0.00 0.00 4025-PAYMENT IN LIEU OF TAXES (24,762.15) (27,677.40) (19,450.64) 0.00 (25,000.00) 4031-EXCESS TAX INCREMENT (5,085.95) (8,519.74) (9,419.49) 0.00 0.00 4035-OTHER TAXES (8,927.82) (7,579.62) 2,359.45 0.00 0.00 4040-AGGREGATE TAX (15,902.20) (13,769.32) (6,255.36) (12,000.00) (13,000.00) 4050-LODGING TAX (230,131.10) (289,284.46) (254,112.96) (310,000.00) (325,000.00) TAXES (14,773,079.70) (15,587,147.52) (8,137,305.46) (15,262,000.00) (16,323,000.00) SPECIAL ASSESSMENT: 4110-SPECIAL ASSESSMENT PRINCIPAL (8,473.66) (5,972.34) 12,346.88 (9,200.00) (10,000.00) 4111 -SPEC ASSESSMENT INTEREST (2,395.29) (2,111.65) (1,398.71) (1,200.00) (1,500.00) 4112-SA PENALTIES&INTEREST (1,774.51) (1,041.13) (414.21) 0.00 0.00 4120-SA PREPAY (585.00) (1,864.98) (6,373.09) 0.00 0.00 SPECIAL ASSESSMENT (13,228.46) (10,990.10) 4,160.87 (10,400.00) (11,500.00) LICENSES AND PERMITS: 4202-CABLE FRANCHISE (339,532.52) (353,514.36) (266,970.17) (345,000.00) (355,000.00) 4203-TRACK FRANCHISE (14,920.20) (14,361.50) (14,933.60) (11,000.00) (14,000.00) 4220-LIQUOR LICENSE (112,481.50) (117,874.02) (116,300.00) (120,000.00) (120,000.00) 4230-BEER LICENSE (4,460.00) (4,282.00) (1,906.00) (4,800.00) (4,800.00) 4240-CIGARETTE LICENSE (6,583.33) (6,767.00) 0.00 (6,800.00) (6,800.00) 4242-DOG LICENSES (4,379.00) (3,473.00) (4,812.00) (5,400.00) (3,500.00) 4243-MISC BUSINESS LICENSE (13,993.00) (9,697.50) (6,180.36) (11,000.00) (10,000.00) 4251 -BUILDING PERMITS (236,494.03) (232,931.33) (207,628.73) (325,000.00) (325,000.00) 4255-RE-ROOF PERMIT (70,751.34) (41,857.41) (85,547.70) 0.00 0.00 4256-WINDOWS-DOORS-RESIDING (14,880.00) (12,400.00) (16,425.00) 0.00 0.00 4259-PLAN REVIEW FEE (105,190.06) (121,395.32) (156,600.84) (120,000.00) (128,000.00) 4261 -PLUMBING PERMITS (53,544.95) (85,274.20) (85,850.09) (60,000.00) (70,000.00) 4265-MECHANICAL PERMITS (56,598.69) (126,724.14) (108,989.40) (65,000.00) (90,000.00) 4267-ELECTRICAL PERMITS (63,285.75) (89,419.75) (76,816.50) (75,000.00) (75,000.00) 4272-SEWER&WATER PERMITS (15,782.67) (24,712.60) (20,692.10) (15,000.00) (20,000.00) 4274-FIRE INSPECTION PERMITS (22,436.50) (36,043.50) (34,931.89) (18,000.00) (28,000.00) 4275-INSPECTIONS (3,290.00) (2,354.00) (104.00) 0.00 0.00 4276-FENCE PERMITS (2,800.00) (3,800.00) (3,920.00) (3,000.00) (3,200.00) 4280-ROW PERMITS (86,981.00) (138,769.00) (73,885.00) (80,000.00) (90,000.00) 4282-WOODLAND MANAGEMENT FEE (800.00) (18,234.66) (1,150.00) (2,000.00) (5,000.00) LICENSES AND PERMITS (1,229,184.54) (1,443,885.29) (1,283,643.38) (1,267,000.00) (1,348,300.00) INTERGOVERNMENTAL: 4410-FEDERAL GRANTS (23,940.71) (21,723.67) (16,069.24) (15,000.00) (18,000.00) 4411-TZD OUTSIDE AGENCIES 0.00 0.00 0.00 0.00 0.00 4450-STATE GRANTS&AIDS (22,169.06) (21,925.00) (16,614.21) (10,850.00) (10,500.00) 4455-PERA AID (18,170.00) (18,170.00) (9,085.00) (18,000.00) (18,000.00), 4460-STATE AID-MAINT (440,521.00) (398,903.40) (461,253.00) (425,000.00) (440,000.00) 4461 -STATE AID-CONSTRUCTION 0.00 0.00 (562,068.29) 0.00 0.00 4462-STATE AID-FIRE (159,440.99) (223,892.50) (224,167.72) (146,000.00) (223,893.00) 4465-STATE AID-POLICE (291,264.00) (329,349.00) (342,719.31) (300,000.00) (300,000.00) 4467-POLICE TRAINING REIMBURSEMENT (15,276.13) (24,662.36) (14,803.26) (15,850.00) (16,000.00) 4482-COUNTY GRANTS/AIDS (16,813.00) 0.00 0.00 (5,000.00) 0.00 2015 Annual Budget Company: 01000- GENERAL FUND 10/31/14 Object Requested Account Actual Actual Actual Budget Preliminary Budget 2012 2013 2014 2014 2015 4490-OTHER LOCAL GRANTS/AIDS (3,850.00) (3,500.00) (494.60) (2,500.00) (2,000.00) INTERGOVERNMENTAL (991,444.89) (1,042,125.93) (1,647,274.63) (938,200.00) (1,028,393.00) CHARGES FOR SERVICES: 4511-ADMINISTRATIVE CHARGES (32,869.51) (26,564.85) (17,370.80) (30,200.00) (28,100.00) 4512-DEVELOPMENT REIMBURSEMENT (22,699.59) (14,024.06) 0.00 (16,000.00) (14,000.00) 4513-SALE OF DOCUMENTS (814.55) (1,110.18) (885.25) (850.00) (850.00) 4516-ASSESSMENT SEARCHES (2,425.00) (1,350.00) (500.00) (1,000.00) (1,000.00) 4518-RELEASE OF DEVELOPER AGREEMEN (30.00) (30.00) 0.00 0.00 0.00 4525-TITLE EXAMINATION (1,800.00) 0.00 (800.00) 0.00 0.00 4527-RECORDING FEE 0.00 (35.00) 0.00 0.00 (25.00) 4540-CONDUIT DEBT ADMIN FEE 0.00 (50,000.00) (51,000.00) 0.00 0.00 4571-APPEAL (1,125.00) (225.00) (600.00) 0.00 0.00 4572-SIGNS (9,755.00) (8,575.00) (7,910.00) (8,000.00) (8,500.00) 4573-CONCEPT REVIEWS (1,110.00) (740.00) 0.00 (1,000.00) (1,000.00) 4574-REZONE/COMP PLAN (4,910.00) (2,900.00) (600.00) (1,200.00) (1,200.00) 4575-ZONING LETTER (845.00) (870.00) (1,220.00) (700.00) (700.00) 4577-EAW 0.00 (1,000.00) 0.00 0.00 0.00 4579-P U D (2,750.00) (5,500.00) (5,500.00) (4,200.00) (5,000.00) 4580-MAJOR SUBDIVISION PRE-APP 0.00 0.00 0.00 0.00 0.00 4581-PRELIMINARY PLAT (5,680.00) (2,580.00) (4,000.00) (6,500.00) (6,500.00) 4582-FINAL PLAT (8,460.00) (11,880.00) (11,910.00) (14,000.00) (12,000.00) 4583-MINOR SUBDIVISION (1,050.00) (1,575.00) (600.00) (2,000.00) (1,500.00) 4584-VACATION (3,600.00) (4,050.00) (2,700.00) (2s00.00) (2s00.00) 4585-VARIANCE 0.00 (850.00) (1,500.00) 0.00 0.00 4586-CUP (3,600.00) (3,575.00) (3,825.00) (4,200.00) (4,000.00) 4587-HOME OCCUPATION (400.00) (200.00) 0.00 (400.00) (400.00) 4620-ENGINEER FEE-PRIVATE (88,270.40) 0.00 0.00 (10,000.00) 0.00 4621-ENGINEER FEE-PUBLIC (187,354.14) (318,429.68) (308,582.80) (250,000.00) (265,000.00) 4622-PARK FEE-PUBLIC (3,149.04) (55,648.69) (36,890.79) 0.00 (25,000.00) 4630-GRADE FEE (26,455.74) (75,664.05) (67,871.03) (35,200.00) (51,000.00) 4642-POLICE SERVICES (201,009.04) (199,571.04) (189,944.71) (231,000.00) (213,000.00) 4643-VALLEY FAIR (43,935.49) (76,166.05) 0.00 (39,000.00) (45,000.00) 4646-FALSE ALARMS (11,520.00) (9,960.00) (8,520.00) (11,000.00) (10,000.00) 4647-TRIBAL CONTRIBUTION 0.00 (75,000.00) (85,000.00) (85,000.00) (90,000.00) 4655-POUND FINES&FEES (440.00) 0.00 0.00 0.00 0.00 4660-FIRE SERVICES (152,243.00) (142,875.72) (128,250.00) (160,000.00) (140,000.00) 4680-MISC PUBLIC WORKS (32,127.78) (111,459.06) (117,271.65) 0.00 (50,000.00) 4681 -CAR/TRUCK WASHES (7,444.00) (6,079.00) (6,264.00) (11,650.00) (8,500.00) 4683-NATURAL RESOURCE PLANTINGS (1,827.00) 0.00 0.00 0.00 (1,500.00) 4684-STREET SIGNS (90.00) (270.00) (1,350.00) 0.00 0.00 4705-ELECTRIC(SPUC) 0.00 0.00 0.00 0.00 (2,000,000.00) 8011-TRANSFER FROM ELECTRIC FUND (2,111,314.98) (2,020,770.70) (1,680,795.12) (2,100,000.00) 0.00 8012-TRANSFER FROM WATER FUND 0.00 0.00 0.00 0.00 0.00 4751-REFUSE CHARGES (18,465.67) (18,075.67) (44,328.19) (16,000.00) (16,000.00) 4761-MEMBERSHIP-INSURANCE (4,639.95) (774.39) (61.21) (39,000.00) (37,000.00) 4762-MEMBERSHIPS (238,337.43) (228,706.48) (165,260.87) (207,500.00) (204,000.00) 4763-MEMBERSHIP-EXEMPT 21.00 (539.00) 0.00 0.00 0.00 4766-GENERAL ADMISSIONS (113,554.20) (124,308.10) (119,813.46) (112,100.00) (116,500.00) 4767-ADMISSIONS-EXEMPT (169.50) (95.00) (701.00) 0.00 0.00 4770-LESSONS (96,592.50) (89,295.00) (64,599.00) (93,000.00) (84,000.00) 4774-ICE RENTAL-PRIME TAXABLE (50,184.16) (48,128.61) (47,176.81) (50,750.00) (50,750.00) 4775-ICE RENTAL-PRIME EXEMPT (218,080.42) (227,499.99) (86,677.10) (218,125.00) (218,125.00) 4780-YOUTH ACTIVITIES (171,889.23) (193,034.29) (190,375.95) (183,700.00) (196,200.00) 2015 Annual Budget Company: 01000- GENERAL FUND 10/31/14 Object Requested Account Actual Actual Actual Budget Preliminary Budget 2012 2013 2014 2014 2015 4795-ADULT ACTIVITIES (53,728.00) (56,787.18) (42,304.00) (54,000.00) (54,000.00) 4796-ROOM RENTALS (17,005.24) (10,323.11) (10,451.26) (14,500.00) (12,000.00) 4797-ROOM RENTAL-EXEMPT (451.46) (2,005.28) (151.45) (500.00) (750.00) 4798-PARK FACILITY RENTAL (25,481.10) (25,560.22) (25,616.88) (24,500.00) (25,500.00) 4799-PARK FIELD RENTALS (594.91) (325.35) (425.23) (600.00) (600.00) 4800-SKATE SHARPENING (1,231.00) (1,452.00) (827.00) (2,000.00) (2,000.00) 4808-PARK FACILITY RENT-EXEMPT (2,050.00) (2,040.00) (650.00) (2,000.00) (2,000.00) 4809-PARK FIELD RENT-EXEMPT 0.00 0.00 0.00 0.00 0.00 4810-CONCESSION STANDS (28,734.99) (27,729.29) (27,222.84) (27,000.00) (27,000.00) 4812-VENDING CONCESSION COMMISSION (11,011.99) (3,816.69) (3,998.72) (5,500.00) (4,750.00) 4814-NON-RESIDENT FEE (6,513.00) (8,967.00) 100.00 (6,500.00) (6,500.00) 4816-NON-RESIDENT FEE/TOWNSHIP PYMT (1,661.00) (1,050.00) (1,290.00) (1,500.00) (1,500.00) 4817-ARENA ADVERTISING (2,500.00) (2,687.50) 0.00 (2,500.00) (2,500.00) 4818-OTHER RECREATION FEES (1,966.36) (2,058.50) (874.50) (3,500.00) (2,750.00) CHARGES FOR SERVICES (4,035,925.37) (4,304,786.73) (3,574,366.62) (4,090,375.00) (4,050,700.00) FINES&FORFEITS: 4821 -FINES&FORFEITS (242,995.80) (237,903.80) (190,699.01) (250,000.00) (251,000.00) 4822-FINES&FORFEITS-SJPA (125,170.83) (110,357.84) (76,117.96) (125,000.00) 0.00 FINES&FORFEITS (368,166.63) (348,261.64) (266,816.97) (375,000.00) (251,000.00) MISCELLANEOUS: 4833-INTEREST (144,194.68) (149,606.37) (113,585.09) (200,000.00) (150,000.00) 4834-CHANGE IN FAIR MARKET VALUE 54,221.78 181,215.62 (17,938.95) 0.00 0.00 4530-ANTENNA RENTAL (7,436.00) (8,409.44) (7,283.48) (8,500.00) (9,500.00) 4840-RENTS 0.00 0.00 0.00 0.00 0.00 4843-COMMISSIONS (6,080.74) 1,525.05 (8,206.75) 0.00 0.00 4845-CONTRIBUTIONS (24,859.99) (18,134.38) (6,524.62) (2,550.00) (2,550.00) 4850-MISCELLANEOUS (29,426.01) (21,060.76) (21,807.57) (29,250.00) (19,950.00) 4852-INSURANCE DIVIDENDS/FEES (161,393.60) (108,085.34) (5,865.60) (55,000.00) (55,000.00) 4853-INSURANCE REIMBURSEMENT (40,151.76) (9,646.87) (25,022.26) (25,000.00) (15,000.00) MISCELLANEOUS (359,321.00) (132,202.49) (206,234.32) (320,300.00) (252,000.00) REVENUES (21,770,350.59) (22,869,399.70) (15,111,480.51) (22,263,275.00) (23,264,893.00) EXPENDITURES: WAGES&BENEFITS: 6002-WAGES 7,538,671.12 7,951,212.36 6,970,866.19 8,733,160.00 9,190,680.00 6005-OVERTIME-FT 243,009.89 281,741.08 250,872.98 279,950.00 328,600.00 6010-PREMIUM PAY 7,044.67 9,105.11 3,806.31 9,000.00 9,000.00 6015-WAGES-PART TIME/TEMP 890,653.29 863,035.52 743,412.68 993,410.00 954,150.00 6017-OVERTIME-PART TIME/TEMP 8,044.24 6,648.45 7,269.27 10,000.00 9,150.00 WAGES 8,687,423.21 9,111,742.52 7,976,227.43 10,025,520.00 10,491,580.00 6122-PERA 846,507.72 887,698.11 798,829.45 959,200.00 1,065,420.00 6124-FICA 384,813.86 407,663.29 357,851.29 448,030.00 493,010.00 6128-FIRE PENSION 152,677.00 114,007.00 113,868.00 128,000.00 0.00 6135-HEALTH 1,011,370.43 1,161,617.89 1,010,778.67 1,280,470.00 1,137,690.00 6139-POST EMPLOYMENT HEALTH PLAN 34,064.85 35,614.33 28,351.43 37,440.00 55,600.00 6140-LIFE/LTD 20,282.30 26,845.35 21,016.78 38,380.00 27,580.00 6145-DENTAL 46,429.50 52,425.28 48,964.26 60,390.00 64,150.00 6160-UNEMPLOYMENT 160.86 5,469.63 86.00 0.00 0.00 6170-WORKERS COMPENSATION 197,562.01 213,754.40 247,279.92 266,065.00 274,290.00 6180-COMPENSATED ABSENCES 38,688.44 48,658.40 0.00 162,000.00 0.00 2015 Annual Budget Company: 01000- GENERAL FUND 10/31/14 Object Requested Account Actual Actual Actual Budget Preliminary Budget 2012 2013 2014 2014 2015 BENEFITS 2,732,556.97 2,953,753.68 2,627,025.80 3,379,975.00 3,117,740.00 WAGES&BENEFITS 11,419,980.18 12,065,496.20 10,603,253.23 13,405,495.00 13,609,320.00 SUPPLIES AND SERVICES: 6202-OPERATING SUPPLIES 398,466.01 402,158.10 324,451.40 446,870.00 463,625.00 6203-TOOLS 277.86 3,030.17 159.45 1,500.00 1,500.00 6204-FURNISHINGS(NOT CAPITALIZED) 0.00 0.00 174.00 0.00 0.00 6205-GRANT EXPENDITURES 0.00 0.00 10,117.79 0.00 0.00 6210-OFFICE SUPPLIES 27,424.64 19,507.88 9,735.53 44,375.00 42,700.00 6211 -RECREATION SUPPLIES 41,295.88 39,384.83 26,067.87 40,820.00 45,720.00 6212-UNIFORMS/CLOTHING 60,716.99 64,378.00 40,477.54 51,825.00 56,725.00 6213-FOOD 3,534.57 7,106.55 5,273.40 3,925.00 7,025.00 6215-MATERIALS 162,880.05 206,980.97 98,591.96 174,500.00 212,500.00 6222-MOTOR FUELS&LUBRICANTS 255,444.34 277,077.94 234,033.26 286,470.00 302,695.00 6230-BUILDING MAINT SUPPLIES 48,362.77 43,797.34 40,084.81 65,250.00 69,250.00 6240-EQUIPMENT MAINTENANCE 44,679.56 52,364.88 48,599.66 49,850.00 52,000.00 6250-MERCHANDISE 39,402.04 7,907.95 21,267.54 21,000.00 21,000.00 6310-ATTORNEY 487,000.37 497,173.75 238,263.66 565,750.00 174,550.00 6312-ENGINEERING CONSULTANTS 1,900.00 6,963.07 0.00 5,000.00 0.00 6312-ENGINEERING CONSULTANTS 4,806.05 12,354.45 9,099.00 24,000.00 24,000.00 6314-COMPUTER SERVICES 1,138.60 0.00 195.00 600.00 400.00 6315-BUILDING MAINT. 167,551.54 175,378.28 119,570.52 208,750.00 220,250.00 6316-EQUIPMENT MAINTENANCE 581,323.17 222,012.08 144,112.29 460,015.00 275,890.00 6318-FILING FEES 290.00 416.00 2,194.15 250.00 1,350.00 6320-LODGING TAX 218,624.56 274,794.58 241,407.29 285,000.00 308,750.00 6322-PAVEMENT PRESERVATION 503,056.83 432,363.17 445,055.35 515,000.00 530,000.00 6324-TRANSPORTATION 7,369.51 6,499.25 5,530.00 8,400.00 8,200.00 6325-PERFORMERS/INSTRUCTORS 22,019.54 23,780.38 23,069.74 32,725.00 31,025.00 6326-CLEANING SERVICES 82,711.66 84,140.53 67,313.14 92,000.00 92,500.00 6327-OTHER PROF SERVICES 601,843.00 611,836.32 565,909.03 845,600.00 984,050.00 6332-POSTAGE 40,525.55 22,600.77 18,616.14 37,075.00 36,150.00 6334-TELEPHONE 62,575.29 77,360.83 54,352.41 71,605.00 77,390.00 6336-PRINTING/PUBLISHING 91,137.04 96,538.74 67,858.40 74,425.00 95,585.00 6338-ADVERTISING 2,660.52 2,576.66 2,791.29 9,275.00 8,200.00 6339-COMPUTER ACCESS 4,231.02 6,239.70 4,730.15 5,250.00 5,700.00 6352-LIABILITY 288,807.12 336,494.92 5,193.12 205,900.00 176,700.00 6354-PROPERTY 293.00 0.00 579,700.00 137,700.00 166,300.00 6356-AUTO 0.00 195.05 0.00 50,115.00 55,900.00 6362-ELECTRIC 395,060.62 400,043.76 294,756.92 594,400.00 425,000.00 6364-WATER 46,343.21 41,866.33 26,632.44 34,700.00 47,100.00 6365-GAS 92,199.80 124,311.61 133,932.50 127,900.00 156,900.00 6366-SEWER 10,707.77 9,889.82 6,947.17 11,020.00 11,070.00 6367-REFUSE 0.00 0.00 1,172,382.11 0.00 150.00 6368-STORM 32,063.02 29,728.20 22,729.18 35,880.00 35,780.00 6410-SOFTWARE-ANNUAL FEES 142,845.39 170,236.56 114,872.30 160,150.00 177,250.00 6415-SOFTWARE-ANNUAL FEES(IS FUND) 261,314.28 279,999.96 253,000.00 303,600.00 343,200.00 6420-EQUIPMENT RENT 6,565.81 1,248.79 11,368.32 1,755.00 3,130.00 6425-EQUIPMENT RENT(IS FUND) 634,280.04 619,263.00 584,448.30 701,338.00 464,384.00 6430-BUILDING RENT(IS FUND) 907,200.00 907,200.00 731,690.90 878,029.00 802,430.00 6435-OTHER RENT 175,897.14 129,263.15 108,636.44 134,300.00 134,300.00 6472-CONFERENCE/SCHOOL/TRAINING 80,061.17 100,140.28 65,677.39 126,050.00 135,460.00 6475-TRAVEL/SUBSISTENCE 28,800.56 33,269.45 27,031.81 44,950.00 49,450.00 6480-DUES 167,045.04 159,081.87 158,133.65 173,173.00 173,780.00 2015 Annual Budget Company: 01000- GENERAL FUND Object 10/31/14 Requested Account Actual Actual Actual Budget Preliminary Budget 2012 2013 2014 2014 2015 6490-SUBSCRIPTIONS/PUBLICATIONS 2,309.71 3,536.86 2,402.30 6,425.00 5,150.00 6471-WELLNESS PROGRAM 1,134.72 1,939.45 3,776.62 0.00 0.00 6497-FLEET CHARGE BACK (365,188.00) (64,760.00) (49,880.00) (52,000.00) 0.00 6498-EXPENSE CHARGED BACK 0.00 0.00 0.00 0.00 0.00 SUPPLIES AND SERVICES 6,870,989.36 6,959,672.23 7,122,533.24 8,102,490.00 7,512,164.00 MISCELLANEOUS EXPENSE: 6610-AWARDS&DAMAGES 5,480.57 0.00 0.00 0.00 0.00 6620-PROPERTY TAX/SPECIAL ASSESS 99,674.06 0.00 0.00 0.00 0.00 6630-PAYMENT TO FIRE RELIEF 146,440.99 237,892.50 227,167.72 146,000.00 223,893.00 6640-DESIGNATED MISCELLANEOUS 51,899.92 69,908.84 46,752.01 93,500.00 140,000.00 6650-CREDIT CARD FEES 12,485.24 13,953.70 16,303.54 13,000.00 15,000.00 6660-BANK FEES-NSF FEE 27.94 (477.58) 197.45 140.00 550.00 6681 -CONTINGENCY 55,145.72 50,584.36 18,003.99 50,000.00 55,000.00 6685-CONTINGENCY-DESIGNATED 0.00 1,665.77 0.00 50,000.00 55,000.00 MISCELLANEOUS EXPENSE 371,154.44 373,527.59 308,424.71 352,640.00 489,443.00 CAPITAL OUTLAY: 6730-BUILDINGS 0.00 29,434.44 0.00 0.00 0.00 6740-EQUIPMENT 31,979.17 111,271.78 44,971.58 1,700.00 1,500.00 CAPITAL OUTLAY 31,979.17 140,706.22 44,971.58 1,700.00 1,500.00 EXPENDITURES 18,694,103.15 19,539,402.24 18,079,182.76 21,862,325.00 21,612,427.00 OTHER FINANCING: TRANSFERS IN: 8010-OPERATING TRANSFERS IN (122,400.00) 0.00 0.00 180,000.00 ( ) (250,000.00) 8019-TRANSFER IN CAPITAL PROJECT FD 0.00 (150,000.00) 0.00 0.00 0.00 TRANSFERS IN (122,400.00) (150,000.00) 0.00 (180,000.00) (250,000.00) TRANSFERS OUT: 8053-TRANSFERS OUT 2,980,000.00 3,550,000.00 0.00 0.00 0.00 8054-OPERATING TRANSFER/DEBT SERV 0.00 60,000.00 0.00 0.00 0.00 8056-OPERATING TRANSFER/CAPITAL FD 0.00 0.00 0.00 750,000.00 1,000,000.00 8058-OPERATING TRANSFER RECREATION 0.00 300,000.00 0.00 330,000.00 400,000.00 TRANSERS OUT 2,980,000.00 3,910,000.00 0.00 1,080,000.00 1,400,000.00 GAIN/LOSS ON DISPOSAL OF ASSET: 0.00 8101-PROCEEDS FROM SALE(GAIN/LOSS) 0.00 (150.00) (314.49) 0.00 0.00 GAIN/LOSS ON DISPOSAL OF ASSET 0.00 (150.00) (314.49) 0.00 0.00 OTHER FINANCING 2,857,600.00 3,759,850.00 (314.49) 900,000.00 1,150,000.00 Total 01000-GENERAL FUND (218,647.44) 429,852.54 2,967,387.76 499,050.00 (502,466.00) RESOLUTION NO. 7516 A RESOLUTION ADOPTING THE 2015 BUDGET BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA that the 2015 Budget with the estimated revenues and appropriations for the General Fund as shown below is hereby adopted. Estimated Revenue Expenditures &Other Sources &Other Uses General Fund Mayor and Council $213,970 Administration 1,181,340 City Clerk 420,750 Finance 1,178,930 Planning 514,605 Facilities 480,580 Police 7,151,026 Fire 1,907,846 Inspection 731,672 Engineering 723,090 Street 2,110,568 Fleet 404,685 Park 1,688,104 Natural Resources 138,660 Recreation 2,507,101 Unallocated 259,500 Transfers to Other Funds 1,400,000 Total General Fund $23,012,427 23,012,427 Adopted in session of the City Council of the City of Shakopee, Minnesota held this day of December,2014. Mayor of the City of Shakopee ATTEST: City Clerk Resolution No. 7517 A RESOLUTION SETTING 2014 PROPERTY TAX LEVY, COLLECTIBLE IN 2015 BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, that the following amounts be levied as the proposed maximum tax levy in accordance with existing law for the current year upon the taxable property in the City of Shakopee; General Operating Levy $ 16,300,000 Debt Service 2004B $ 200,000 Debt Service 2006A $ 343,215 Debt Service 2007B $ 92,052 BE IT FURTHER RESOLVED,that the City clerk is hereby instructed to transmit a certified copy to this resolution to the County Auditor of Scott County, Minnesota Adopted in regular session of the City Council for the City of Shakopee,Minnesota held this 2nd day of December, 2014. Mayor of the City of Shakopee ATTEST: RESOLUTION NO. 7518 A RESOLUTION CANCELING DEBT SERVICE LEVIES FOR 2014/2015 BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, COUNTY OF SCOTT, MINNESOTA,that the following debt service levies are cancelled: 2004D Building Debt(PW) $466,680 2007A GO Improvement Bonds $ 10,145 2008A GO Improvement Bonds $147,084 2010A GO Improvement Bonds $108,492 2012A GO Refunding $560,936 BE IT FURTHER RESOLVED that the following irrevocable transfer is made from the Building Internal Service Fund to the 2004D Building Debt Service Fund, in the amount of$467,000, with the difference required for payment of annual debt service needs to be paid from the fund balance in the debt service fund. The Debt Service issue for the 2004B Building Referendum(Fire building)will require a cancellation of$49,926, as the City will levy$200,000 of the $249,926 total levy. Adopted in regular session of the City Council of the City of Shakopee,Minnesota held this 2nd day of December,2014. Mayor of the City of Shakopee ATTEST: e---< O •O O ■O O V O Cr, O O en [0 0 0 S �t n O O N l0 N - en N N 00 en Qn ^ 06 41 N N ,O V7 7�O O O oG en Vl ,O en M 7 a0 00 W Z ^"I N sO C\ en n- Ni O N en 71- en .O O, va O v� oo Q` 'V v) 7 0v en sO n- V1 OT N •-- M «1 — ,-, e--1 ,■- 1--i N WO 0 O in 7 00 N 0 '0 0' 001 M en N O N O r 00 O v, ,r 01 -••.1 C � ' N 0' en so ..O - - ,co O Q1 O w M 00 -y M — V 00 V1 en M In to h N d �^ "--• v� O N 4n N O v; co 00 . G) O ,..� 00 00 N 0 00 N N T 01 10 P. O N 0 en M O `:. N N 7 S Att 0 19 7 14 N h N l 0 V 00 00 00 O C.O V� .M. r Q`. O O O N E en .� r. i• N- C N N 0` 0 0 7 7 , N Qt C y O -Oi N — tn^, 0 0 N N ' ' 00 00 7 0 oo GO Or N e 7 oo N M N O O .kt .M-i Nt7 ■^'■ \ N N 7 O -- - N N a� O 00 000 O 000 O O N N N � Q] > = O - 00 N O d- en M O O 0. O 0.O '7 N 00 N — O .O 0' 0' ONi T 7— N M 7 .-i ,--i N MK VV- O N --, 00 O O Vr V'1 k . Cr, V; ' > O --1 r O 7 N -1 - 7 0 O L M ON N M 7 N .00 N ao -O. _c.N _' M M .. N M N : 7 .- i.r ' N O O N N O 0 00 O1 . O . Cr, , 0 O t` 0 0 ,n Cr, — > 00 O a 00 10 7 O N O. Cs N N O i° M N 7 No 0 ,- .'0 VM 7 en n- ,r N en R ,\-Y ^ N M M M en M - M N O -S . -7 O ,© O O . O O O . O A x O N N N 0 M .--- - - 'O 00 CO 7 .0 r O O M M ' 0. 00 00 00 CO CO CO O 'y O N 7 7 .L' .O CO C0 .O CO 0 CO N M S 'r 00 O, 7 7 " 7 7 7 CO N c. '' kuk 0 i- en 0 7• 0 0 v1 ,r (, > O ,.y V1 M 00 O N 00 00 n CL M O N — 00 0. O. n ., .,N O. 7 en .O -�-. < N en N en — � N ►■i N N 4. 0 00 . 00 0 en CO CO O .O CO 0 . '0 n -, O .O O O C en a.) O .-I Cr r O 0 O 0 Mk b0O N N N N 0 n- h N N 0r,' 7 O .' vi N '' en N N N N O N ..= N N a N W N N N 0 ke 7 b 4 0 7. 0 M 4 R N H aq n� z o. > kk .5 0 w° ¢ on o as 4 a H V1 0 7 U N app'..,°? U N .0 t›U N W A w o o o 0 ., TO o R. W z L U 0 fk. aE j N CO G7 N y 0 0 ry y N A., Aw 3 gPC � rx •0 o a � ° o -ate g .4 w.1 C o C>1 aOi . G y y CO t . y CO' . y , . � y" 0 w ,o 42 0 oQ (4 F0 ,--1 cQ (4 0 .a _ q wzW a A VI cC) Ma U O I via U 0 c c-) a b O z m CO abi o.) c� o 3 3 v w c ?� ) C) w '+ d N CO '7 Rid cos N ..a 1 R' N .-1 ..a GL� N .a v F.Ue°lA 0 X www- ;;;rt � ,4 Ca c7 .a Ca G1 30 el 0 0 a0 * SCOTT COUNTY City of Shakopee OFFICE OF THE AUDITOR TAXING DISTRICT NAME PAYABLE 2015 FINAL LEVY CERTIFICATION Expenditure Gross Certified Property Tax Aid Net Certified NTC Levy Category NTC Levy LGA (A-B=C) (A) (B) (C) General Revenue $ 16,300,000.00 Road&Bridge $ - G.O.Debt Service* $ 435,267.00 Non-G.O. Debt Srvc* Total $ - $ - $ 16,735,267.00 *provide breakdown of certified NTC levy by individual bond on attached sheet (Market Value Based Referenda Levy J $ 200,000.00 •provide breakdown of certified RMV levy by individual bond on attached sheet (A)-Levy Requirement Amount needed to fund services (B)-LGA(Local Government Aid) ) This aid is certified to the taxing district by the Department of Revenue. It can be used to reduce any single levy item or a combination of levy requirements. (C)-Certified Levy Levy certified to the taxation department. ROUND TO THE NEAREST WHOLE DOLLAR. DO NOT CERTIFY PENNIES. The Taxation Department will deduct Fiscal Disparities from all certified levies. (You must submit your resolution with this certification) PLEASE NOTE: All debt must be accounted for in your resolution whether it is a part of your levy or not. If the amount levied is less than the required amount from the payment schedule for the bond, you must pass a resolution stating that you have sufficient funds for that bond. This can be included in the same resolution with your levy. Scott County will be verifying the levy requirements based on the payment schedule in our Bond Register. Before signing, please verify the following: * MAKE SURE THAT ALL LINES ADD ACROSS AND ALL COLUMNS ADD DOWN TO THE TOTAL LINE * BREAKDOWN OF DEBT SERVICE LEVY BY INDIVIDUAL BOND HAS BEEN PROVIDED * AMOUNTS REPORTED MATCH ANY OTHER SUPPORTING DOCUMENTATION Signature of person completing this form Phone number Title Date SPECIAL TAXING DISTRICTS and CITIES OF 500 OR LESS POPULATION ONLY: THIS IS YOUR FINAL LEVY. THIS FORM MUST BE RETURNED TO THE DEPARTMENT OF TAXATION BY: DECEMBER 29, 2014 FOR ALL TAXING DISTRICTS 2015 LEVY CERTIFICATION Net Tax Capacity Debt Service Schedule NAME OF TAXING DISTRICT Shakopee PLEASE NOTE: All debt must be accounted for in your resolution whether it is a part of your levy or not. If the amount levied is less than the required amount from the payment schedule for the bond,you must pass a resolution stating that you have sufficient funds for that bond. This can be included in the same resolution with your levy. Scott County will be verifying the levy requirements based on the payment schedule in our Bond Register. You must submit your resolution with this certification form. General Obligation Bond Required Levy amount per ***Amount funded by NTC Amount funded by List other funding Bond Description (Y or N) Bond Schedule Debt Levy Other Sources source (A-B=C) (A) (B) (C) $ $ $ 2004D Bldg. $ 466,680.00 $ - $ 466,680.00 Fund Transfer 2006A Improvement $ 343,215.00 $ 343,215.00 $ - 2007AImprovement $ 10,145.00 $ - $ 10,145.00 Fund Balance 2007B Improvement $ 92,052.00 $ 92,052.00 $ - 2008A Improvement $ 147,084.00 $ - $ 147,084.00 Fund Balance 2010A Improvement $ 108,492.00 $ - $ 108,492.00 Fund Balance 2012A Refunding $ 560,936.00 $ - $ 560,936.00 Fund Balance $ $ $ $ $ $ $ _$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Total G.O. Debt Total Non-G.O. Debt Debt Service Total $ 1,728,604.00 $ 435,267.00 $ 1,293,337.00 ***The amount funded by levy must match total of debt on levy certification form(if any) 2015 LEVY CERTIFICATION Market Value Referenda Debt Service Schedule NAME OF TAXING DISTRICT Shakopee PLEASE NOTE: All debt must be accounted for in your resolution whether it is a part of your levy or not. If the amount levied is less than the required amount from the payment schedule for the bond,you must pass a resolution stating that you have sufficient funds for that bond. This can be included in the same resolution with your levy. Scott County will be verifying the levy requirements based on the payment schedule in our Bond Register. You must submit your resolution with this certification form. General Obligation "'Amount funded by Bond Required Levy amount per Market Value Referenda Amount funded by List other funding Bond Description (Y or N) Bond Schedule Levy Other Sources source (A-B=C) (A) (B) (C) $ $ $ 2004B Build.Referendum $ 249,926.00 $ 200,000.00 $ 49,926.00 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ — $ $ $ , $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Total G.O. Debt Total Non-G.O. Debt Debt Service Total $ 249,926.00 $ 200,000.00 $ 49,926.00 **The amount funded by Market Value Levy must match total of'Market Value Based Referenda Levy'on levy certification form(if any) N m C M V N>U e d a� N ag Nd> T¢N O G N n O N N T d r N 2u> 'o' O ✓ N d p. o 2 M N i'> d 4 o a a o e e a a a C C m ` .`) N O o i- a Z m o 6 r .- p n v N v oa U o., N O N ;7 N m .N-- N g T G T T N ch N Z-,i Scott County Property Assessment Reporting (Sicijit- Parcel Count by Class Type for Assessment Year 2014 Shakopee Class Tvoe Parcel Count Agricultural 87 Apartment 89 C/I 609 Exempt 725 Other 9 PP Public Utility/RR 16 Res Improved 12,017 Res Vacant Land 246 Total 13,798 Wednesday,July 30,2014 Page 7 of 7 ..� Scott County Property Assessment Reporting / Sotit Parcel Count by Class Type for Assessment Year 2013 Shakopee Class Type Parcel Count Agricultural 94 Apartment 90 C/I 593 Exempt 713 Manufactured Homes 34 Other g PP Public Utility/RR 12 Res Improved 11,910 Res Vacant Land 285 Total 13,740 Tuesday,July 30,2013 Page 7 of 7 �"`., Scott County Property Assessment Reporting - Final Valuation Data for Taxes Payable: 2014 Preliminary Valuation Data for Taxes Payable:2015 Shakopee Value Type Class Type 2014 2015 %Change EMV Total Agricultural 92,579,700 97,046,400 4.82% Apartment 139,095,600 151,009,600 8.57% C/I 873,065,800 926,721,300 6.15% Exempt 591,219,900 598,757,400 1.27% Manufactured Homes* 98,300 98,300 0.00% Other 2,612,600 2,621,100 0.33% PP Public Utility/RR 21,678,400 21,928,400 1.15% Res Improved 2,296,340,000 2,616,537,900 13.94% Res Vacant Land 17,582,500 22,044,400 25.38% Total 4,034,272,800 4,436,764,800 9.98% NC Total Agricultural 136,900 Apartment 7,250,000 C/I 24,950,000 16,430,000 -34.15% Exempt 1,900 Res Improved 22,898,900 24,021,100 4.90% Total 47,850,800 47,838,000 -0.03% Net Tax Capacity Agricultural 556,708 592,735 6.47% Apartment 1,604,516 1,750,768 9.12% C/I 17,147,194 18,213,202 6.22% Exempt 0 0 Manufactured Homes* 763 763 0.00% Other 33,009 33,137 0.39% PP Public Utility/RR 432,855 436,855 0.92% Res Improved 20,969,295 24,445,736 16.58% Res Vacant Land 208,561 237,581 13.91% Total 40,952,901 45,710,777 11.62% Tuesday,July 29,2014 Page 1 of 2 RMV Agricultural 3,711,600 4,373,800 17.84% Apartment 132,411,400 144,204,500 8.91% C/I 873,065,800 926,721,300 6.15% Manufactured Homes* 98,300 98,300 0.00% Other 2,612,600 2,621,100 0.33% PP Public Utility/RR 21,678,400 21,928,400 1.15% Res Improved 2,287,889,400 2,607,731,000 13.98% Res Vacant Land 16,683,700 19,091,200 14.43% Total 3,338,151,200 3,726,769,600 11.64% TMV Total Agricultural 59,362,600 63,675,900 7.27% Apartment 139,065,600 150,974,700 8.56% C/I 873,065,800 926,721,300 6.15% Exempt 0 0 Manufactured Homes* 76,300 76,300 0.00% Other 2,612,600 2,621,100 0.33% PP Public Utility/RR 21,678,400 21,928,400 1.15% Res Improved 2,094,050,000 2,440,636,900 16.55% Res Vacant Land 16,683,700 19,021,800 14.01% Total 3,206,595,000 3,625,656,400 13.07% *2015 values for manfactured homes for are not established until January 2nd of next year. For the purpose of this report,the current year manuafactured home value totals have been duplicated for the next year. Tuesday,July 29,2014 Page 2 of 2