City Council Agenda and Packet 2009 11 02

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PRESENTATION 2010 PROPOSED BUDGET PUBLIC HEARING Mayor Sisk opened the public hearing and requested a Staff presentation. City Manager Fleming presented the highlights of the 2010 Proposed Budget and the 2010 -2014 Capital Improvements Plan through a PowerPoint presentation. He reviewed the changes to the budget since the October 6 meeting as follows: Full funding to keep the senior meal site operating 5 days a week (increasing GF expenditures by $13,730). Providing $2,500 in support (increasing General Fund expenditures by $2,500 for the Chamber of Commerce). Revenue from increasing user fees at the Recreation Center and Memory Square Pool (increasing GF revenue by $17,000). Scaling back the 4 of July and the Fall Festival events by $8,000 $9,000. The total proposed revenue budget for 2010 is $29,180,390. The revenues are as follows: taxes 49%; charges for services 41 intergovernmental; licenses permits 2 interest earnings 3% and other 1%. The revenue funds will be used for public works, transportation and public utilities; recreation and cultural services; public safety and judicial processes; debt service; parks open space; coordination, administrative and technical support; community development and governance and civic involvement. The budget focused on the following areas: eliminating positions; not filling some vacancies and reducing hours for an annual savings of over $232,000; reduced compensation benefits and training for a net savings of over $26,000; significant service reductions and revenue increases for an annual savings of over $240,000. Revenue increases of approximately $225,000. The Major Capital Projects (C -I -P) include the following: City Council Meeting Minutes October 20, 2009 Page 4 of 15 Downtown Drainage "B" Outfall (2010 -2011 $900,000) Equipment Replacement Wastewater (2010 -2014 $1,001,000) WWTP Headworks (2010 -2011, $1,380,000) Vehicle and Large Equipment Replacement (2010 -2014 $1,592,060) Debt Service on Windy Gap Firming Project (2010 -2014 $2,235,620) City Shops Remodel (2010 -2011 $4,000,000) Street Repair Reconstruction Program (2010 -2014 $5,000,000) McCaslin Interchange (2011 -2013 $7,750,000) The Major City Funds are as follows: General; Special Revenue Funds (Conservation Trust Land Acquisition) (Conservation Trust Lottery); Capital Project Funds; Enterprise Funds (Water Utility, Wastewater Utility, Stormwater