HomeMy WebLinkAboutReg 2014-10-06 Item 5.02 - 2015-2016 Biennial Budget - Introduction
The Government Finance Officers Association of the United States
Distinguished Budget Presentation Award to the City of Tukwila,
for the biennium beginning January 1, 2013. In order to receive
publish a budget document that meets program criteria as a polic
as a financial plan, and as a communications device.
This award is valid for a period of two years. We believe our c
conform to program requirements, and we are submitting it to GFO
another award.
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TUKWILA, WASHINGTON; ADOPTING THE BIENNIAL BUDGET OF
THE CITY OF Tukwila FOR THE 2015-2016 BIENNIUM; PROVIDING
FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE.
WHEREAS,
the preliminary budget of the City of Tukwila for the 2015-2016 biennium was
submitted to the City Council in a timely manner for their review; and
WHEREAS,
a Public Hearing on the proposed budget was advertised and held on November
10, 2014;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON,
HEREBY ORDAINS AS FOLLOWS:
Section 1.
- 2016
ccordance with RCW
DRAFT
.
35A.34.120
Section 2.
The totals of the estimated revenues and appropriations for each separate fund
and the aggregate totals are as follows:
Section 3.
A complete copy of the final budget for 2015-2016, as adopted, together with a
be transmitted by the City Clerk to the Division of Municipal Corporations of the Office of the
State Auditor and to the Association of Washington Cities.
Section 4. Corrections by City Clerk or Code Reviser.
Upon approval of the City
Attorney, the City Clerk and the code reviser are authorized to make necessary corrections to
this ordinance, including the correction of clerical errors; references to other local, state or
federal laws, codes, rules, or regulations; or ordinance numbering and section/subsection
numbering.
Section 5. Severability
. If any section, subsection, paragraph, sentence, clause or
phrase of this ordinance or its application to any person or situation should be held to be
invalid or unconstitutional for any reason by a court of competent jurisdiction, such
invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining
portions of this ordinance or its application to any other person or situation.
Section 6. Effective Date
. This ordinance or a summary thereof shall be published in the
official newspaper of the City, and shall take effect and be in full force five days after passage
and publication as provided by law .
PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a
Regular Meeting thereof this _______ day of ____________________, 2014.
ATTEST/AUTHENTICATED:
Christy O'Flaherty, MMC, City Clerk Jim Haggerton, Mayor
APPROVED AS TO FORM BY: Filed with the City Clerk:
Passed by the City Council:
Published:
Effective Date:
Rachel B. Turpin, City Attorney Ordinance Number:
Attachment: City of Tukwila 2015-2016 Budget
Total Total
Fund
Expenditures Revenues
$125,817,778
000 General $ 125,817,778
5,703,632
105 Contingency 5,703,632
DRAFT
2,597,316
101 Hotel/Motel 2,597,316
11,081,721
103 City Street 11,081,721
35,906,080
104 Arterial Street 35,906,080
180,000
109 Drug Seizure Fund 180,000
1,415,333
200 LTGO Bonds 1,415,333
1,623,400
1,623,400
211 Limited Tax G.O. Refunding Bonds, 2008
866,315
212 Limited Tax G.O. Bonds, 2009A 866,315
1,172,100
214 Limited Tax G.O. Bonds, 2010A 1,172,100
229,800
216 229,800
Limited Tax G.O. Refunding Bonds, ValleyComm
1,095,500
217 1,095,500
2011 Refunding Bonds
226,260
218 226,260
2014 Facility
669,000
206 669,000
LID Guaranty
2,400,813
233 2,400,813
2013 LID
Land Acquisition, Recreation & Park Devl. 3,902,000
301 3,902,000
10,582,204
302 Facility Replacement 10,582,204
General Government Improvements 901,000
303 901,000
550,200
304 Fire Improvements 550,200
18,422,000
401 Water 18,422,000
19,986,000
402 Sewer 19,986,000
4,181,494
411 Foster Golf Course 4,181,494
20,429,000
412 Surface Water 20,429,000
11,567,136
501 Equipment Rental 11,567,136
14,280,958
502 Insurance Fund 14,280,958
1,772,191
503 Insurance - LEOFF 1 Fund 1,772,191
1,617,300
611 Firemen's Pension 1,617,300
Total All Funds Combined $299,176,531 $ 299,176,531
City of Tukwila, Washington
2015-2016 Organization Chart
CITIZENS OF TUKWILA
MUNICIPAL
COUNCIL MAYOR
COURT
MEMBERS Jim Haggerton
Kimberly Walden
CITY
ADMINISTRATOR
David Cline
CITY ATTORNEY
Rachel Turpin
HUMAN PARKS AND
FINANCE PUBLIC WORKS
RESOURCES RECREATION
Peggy McCarthy Bob Giberson
Stephanie Brown Rick Still
INFORMATION COMMUNITY
FIRE POLICE
TECHNOLOGY DEVELOPMENT
Chris Flores Mike Villa
Mary Miotke Jack Pace
CITY OFFICIALS
2014 CITY COUNCIL
Council President
Councilmember Joe Duffie
Councilmember Dennis Robertson
Councilmember Allan Ekberg
Councilmember Verna Seal
Councilmember Kathy H ougardy
Councilmember Kate Kruller
CITY ADMINISTRATION
Mayor Jim Haggerton
City Administrator David Cline
Finance Director Peggy McCarthy
Community Development Director Jack Pace
Parks & Recreation Director Rick Still
Public Works Director Bob Giberson
Interim Fire Chief Chris Flores
Police Chief Mike Villa
Human Resources Director Stephanie Brown
Information Technology Director Mary Miotke
Municipal Court Judge Kimberly Walden
Contracted City Attorney Kenyon Disend, PLLC
2015-2016 ADOPTED BUDGET PREPARED BY:
FINANCE DEPARTMENT PERSONN EL
Finance Director Peggy McCarthy
Deputy Director Vicky Carlsen
Senior Fiscal Coordinator Jennifer F. Santa Ines
Fiscal Coordinator Craig Zellerhoff
Fiscal Coordinator Lily Jue
Fiscal Coordinator Richard Takechi
Fiscal Specialist Diane Jaber
Fiscal Specialist Karen Fricke
Fiscal Specialist Cindy Wilkins
Fiscal Specialist Laurie Anderson
Fiscal Specialist Joanna Fortenberry
Fiscal Technician Penny Hansen
CITY BOARDS AND COMMISSIONS
ARTS COMMISSION
Brian Kennedy Steve Mullet Trisha Gilmore
Cynthia Chesak
City Staff:
Stephanie Gardner, Parks & Recreation Analyst Parks & Recreation Department
CIVIL SERVICE COMMISSION
Dennis Sivak Ronald Johnston Stephen Wheeler
City Staff:
Kim Gilman, Civil Service Examiner Human Resources Department
COMMUNITY-ORIENTED POLICING BOARD
Jun Castillo Kim Karnes Arthur Rosengren
Jerry Thornton Lynn Churchill
City Staff:
Chris Partman, Community Oriented Policing Coordinator, Police D
EQUITY AND DIVERSITY COMMISSION
Kathy Hougardy Katherine Gantz Joan Hernandez
Melissa Hart Nate Robinson Aaron Dragonov
Crystal Sweet Thong Ung
City Staff:
Joyce Trantina, Project Development Manager
HUMAN SERVICES ADVISORY BOARD
Terra Straight Sharon Kidd Jan Bolerjack
Christopher Lowrance
City Staff:
Evelyn Boykan, Program Manager Human Services Division
Stacy Hansen, Human Services Coordinator Human Services Division
LIBRARY ADVISORY BOARD
Sharon Kidd Steve Miller
Geraldine Ventura Linda McLeod
City Staff:
Stephanie Gardner, Parks and Recreation Analyst Parks & Recreation Department
LODGING TAX ADVISORY COMMITTEE
Council President Maureen Huffman Miesa Berry
Mike Schabbing Jim Davis Mike Bush
Kelly McMeckin Carol Kolson
City Staff:
Brandon Miles, Economic Development Liaison
PARKS COMMISSION
Sean Albert Alice Russel
Julie Lee Don Scanlon Hassan Abdi
City Staff:
Dave Johnson, Recreation Superintendent Parks & Recreation Department
PLANNING COMMISSION/BOARD OF ARCHITECTURAL REVIEW
Louise Strander Nhan Nguyen Mike Hansen
Tom McLeod Miguel Maestas Brooke Alford
Sharon Mann
City Staff:
Wynetta Bivens, Assistant to the Director Department of Community Development
SISTER CITY COMMITTEE
Sharon Baker-Myklebust Audrey Davis Bonnie Mullet
Patricia Timm Domenic Baker
City Staff:
Tracy Galloway, Parks & Recreation Manager Parks & Recreation Department
CITY OF TUKWILA BACKGROUND
Tukwila (whose name in local Native American dialect means "land
encompasses single and multi-family residences, heavy and light
companies, as well as one of the Northwest's largest concentrati
prides itself with:
a well-established economic base
a low debt burden
strong financial management
City of Tukwila Details
A 107 -year old community incorporated in 1908,
encompassing an area of 9.7 square miles.
Current population is 19,765.
Mayor-Council form of government.
Administered by a full-time Mayor, a seven-member
City Council, and a City Administrator. All elected
official terms are for a period of four years.
Located in the heart of the Puget Sound region,
approximately 12 miles south of downtown Seattle, 17
miles north of Tacoma, and just east of Seattle-Tacoma
International airport.
Additional information about the City is included in the
Appendix.
For the novice, the
come with a wide variety of backgrounds, and include City staff,
financial market experts, the information in the biennial budget
information about the City to a lot of different users. The info
into one of four main areas to facilitate an understanding of wh
for the next biennium period.
1.
A Policy Document
that are under development (usually stated as goals to be accomp
operates in the future, and policies tha
beginning of the document, provides the background, sets the sta
be accomplished during the coming budget period, and identifies
in the community as identified by the City Council. New policy i
highlighted in this message. All of these policy issues have the
the allocation of existing staff or financial resources.
2.
A Communications Device
City Council has set to be accomplished during the next two fisc
information about the day- to -day activities the City performs. The Budget Message provides a
concise discussion of the major priorities of the City. The fin
included in the detailed budget section of this document provide
budget for the major priorities, but also provides a considerabl
to -day activities and the resources required to meet service deman
included in the detailed budget section for each fund to provide
effective the City is with in pursuit of meeting City goals and
3. : The budget document is foremost a financial plan, providing a
A Financial Plan
map that matches resources available with the spending prioritie
Council. Each operational area of the budget is comprised of spe
by the budget organization charts.
a. The Budget by Department: The department designation is used
activities to enhance the opportunities for operational efficien
professional qualifications of staff to work on multiple types o
operate in just one fund, like the Finance Department operating
case, the department has a fairly singular focus in its work, wi
not cross into other work areas. A department can also operate i
Public Works Department that operates in multiple funds, includi
Sewer, Surface Water Utility Funds, and various Capital Project
department has a more complex set of work tasks, but the same se
a number of areas. Each department also has divisions and within
anywhere from one to several programs. The program level is used
work, allow the ability to cost specific services for which cust
or report to the City Council, citizens, or outside agencies.
nd can be found at the
beginning of this document. The City uses a fund structure as th
in the fund specifically associated with the kinds of expenditur
there is a legal restriction on the use of the revenue in a fund
revenues cannot be used to pay for street repair since the Water
use to services necessary to provide water to all properties in
providers. Funds are usually named for their primary activity (i
arterial street infrastructure). The General Fund is used as a c
defined as the fund to use when there is no reason to use anothe
and
expenditures which overlay the budget by fund and department. Co
categories can help a reader understand how major sources of rev
treated across the organization. Operating revenues include cate : sales taxes,
property taxes, licenses and permits, charges for services, inte
and forfeitures, and miscellaneous revenues. Non-operating reven
transfers, issuance of long term debt or sale of capital assets.
include: personnel services (includes salaries and wages, plus a
professional services, materials and supplies, transfers, debt s
operating expenditure categories include contingencies and reser
but not used unless authorized by the City Council.
4.
An Operations Guide
every department section is a page showing the
organizational structure within that department. The following p
allocations for that department and provides a brief summary of
Message and budget summary also serve to drive operations by tyi
initiatives back to citizen needs and Council goals. The budget
staff operationally as both a guide for the work plan to be acco
as a comprehensive source of historical information and projecti
During the course of the biennium, each department manages and m
needed to the City Administrator and/or Finance Director on any
Department has the overall responsibility to develop and monitor
s
included in Council meeting packets. The Finance Department also
Annual Financial Report (CAFR) each year.
BIENNIAL BUDGET PROCESS
process are as follows:
1. Prior to November 1 on even numbered years, the Mayor submits a
City Council. This budget is based on priorities established by
provided by the City departments during the preceding months, an
estimates made by the Mayor.
2. The City Council conducts public hearings on the proposed budget
December.
3. The Council makes its adjustments to the proposed budget and ado
balanced budget no later than December 31.
4. The final operating budget as adopted is published and distribut
the following year. Copies of the budget are made available to t
strategic goals and
priorities followed by review of department proposals for the up
improvement program document is developed in conjunction with th
The biennial budget document implements the projects and priorit
plan and capital improvement program. It outlines the manner in
utilized during the budget period. The course the City is takin
of resources. The City Council, Mayor, City Administrator, Depa
residents all participate in the budget process.
planning, control and evaluation process of government. It pres
and the purposeful distribution of those resources. Once adopte
resources will be provided to meet
those objectives.
City staff reviews the adopted financial policies and presents a
The Council considers the proposed changes to these policies and
revisions. City staff then prepares the six-year financial plan
the fall and it is adopted prior to the end of the year.
City staff then prepares the final estimates of revenues, expend
changes. This Preliminary Budget is presented to the Council in
Council discussions are held and the final budget is adopted in
The adopted budget takes effect on January 1st. Throughout the
ensure that funds are used in an approved manner. A few times d
may be changed (amended) by Council action in an open public mee
activities throughout the course of the budget period.
BUDGET PROCEDURES AND AMENDMENT PROCESS
The City prepares its biennial budget in accordance with Optiona
Revised Code of Washington. Biennial budgeting has been permitt
and allows cities to adopt a two-
authority to expend funds. Traditionally, the appropriations hav
for a two-year term. Currently, an annual budget means that eve
context of elections for
in non-election years, as the biennium must begin in odd-numbere
The most common reason for using a two-year appropriation is the
development and approval process. This is true of staff time in
as the time Council spends during the approval and adoption phas
prepare a two-year budget than one for the traditional twelve mo
as significant as preparing two annual budgets. As a result, ov
substantial time savings. This time savings allows staff and Co
plannin g.
The concept of a two-year appropriation is straightforward. Rat
during which the appropriated funds can be legally spent, a bien
month window. The two-year budget provides an opportunity to wi
allow more long-term thinking to be part of the financial plan t
there may also be concerns about spending portions of the budget
been planned. For this reason, many cities have adopted variati
The requirements for preparing an annual budget and a biennial b
-
make adjustments to the budget or essentially, a tune up. This
another complete budget process in itself. The mid-biennium rev and is to be
st
completed by the end of the first year of the budget.
2013
Council and Executive Team held first
workshop to determine potential 2015-
2016 priorities.
Admin Team and consultant refined 2015-
2016 priorities.
2014
Council held retreat to refine 2015-2016
priorities.
Council and Executive Team held second
workshop to finalize 2015-2016 priorities.
Forum held to engage community. 2013
accomplishments were reported and
feedback on 2015-2016 priorities was
gathered.
2015-2016 priorities were discussed with
staff.
Department staff presented 2015-2016
proposals to Admin Team.
Admin Team reviewed all proposals.
Budget files were made available to staff.
Budget presentations were heard,
preliminary decisions on proposals,
increases were made.
Budget files were due to Finance
department.
Council was briefed on budget process.
Community updated on budget process,
priorities.
Finance department compiled and refined
draft budget.
Admin Team reviewed and refined draft
budget.
Mayor presented preliminary budget.
Budget workshops were held throughout
the month.
Public hearing held.
Property tax levy set by ordinance.
Budget and CIP adopted by ordinance
and resolution.
2015-2016 Budget Calendar Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2015
Final budget published and distributed.
Instruction packet for mid-biennial
review and modification distributed to
Departments.
Departments review budgets and
prepare budget modifications.
Department Directors return budget
modification requests to Finance.
Departments review budget
modifications with the Mayor and City
Administrator.
Budget modifications adjusted based on
Mayor's recommendations.
Department budget modification
requests are reviewed by Council
Committees.
Notice of public budget hearing #1 on
proposed budget modification is
published.
Proposed budget modification is filed
with the City Clerk, distributed to City
Council and made available to the
public.
Public budget hearing #1.
Notice of public budget hearing #2 is
published.
Public budget hearing #2 is held and
property tax levy is set by ordinance.
Council/Mayor Work Session on budget
recommendations.
CIP Amendment and Mid-biennial
budget modification are adopted by
ordinance.
2016
Mayor and Council budget retreat to
update the vision for the City.
Mid year Budget Amendment is
adopted by ordinance if necessary.
Year-end Budget Amendment is
adopted by ordinance, if necessary.
BUDGET DEFINITIONS
The City Council authorizes transfers within funds and must appr
that increase the total for the fund. Budget amounts presented i
both the original amounts and the final amended budget as approv
Expenditure categories are identified in the following:
Salaries and Wages Wages for full-time and part-time employees, overtime, and extra
short-term needs of the City.
Personnel Benefits includes all mandatory and negotiated benefits for all City staf
Supplies includes items used for day- to -day operations and small tools that do not meet the
capitalization threshold of the City...
Services includes professional and contracted services, utilities, insura
accomplished by outside vendors.
Intergovernmental charges paid to other government agencies including jail costs,
police, interfund taxes due from enterprise funds to the general
Capital includes all items purchased that meet the capitalization thresh
and utility projects within the City.
Budget and Accounting System
and accounting system at a very detailed line item level. Compu
any time and at various levels of detail. Departments can also
read-only inquiry basis to compare actual revenue and expenditur
computerized budget becomes the accounting system that controls
final budget.
Pr eliminary Budget
the City Council. This public document contains a summary of in
the General Fund at the department level. It focuses on key pol
comprehensive overview of the complete budget.
Budget Ordinance
The actual appropriations implementing the budget are contained
the City Council.
Final Budget
The Final Budget is issued as a formal published document as mod
document which is formally filed as the Final Budget.
Programs
While the budget proposals of the administration are developed i
the budget, the budget documents themselves only summarize the i
performance measures. Generally, these programs are not finaliz
since the budget will determine the actual activities undertaken
Components of the Budget
The budget consists of two parts: operating budget and capital b
Operating Budget
The operating budget consists of departmental budget proposals,
maintain the objectives set by the departments to meet Council g
Capital Budget
The capital budget authorizes and provides the basis of control
significant city assets and construction of capital facilities.
Separation of the budget into these two components separates key
their consideration. The policy officials can examine the level
funded, what program improvements should be made and at what lev
Capital Planning
The Capital Improvement Program (CIP) was originally adopted as
ans to finance capital facilities that will be needed
during the next 20 years. The CIP includes both long-range stra
projects. The CIP is maintained and reports are published separ
Budget, in this budget document, includes a summary of the proje
upcoming biennium. For more detailed information see the Financ
Improvement Program.
Implementation, Monitoring and Amendment
The financial aspects of the budget are monitored in periodic re
comparing actual expenditures and revenues with the budget. In
presented at a higher level of detail than the final budget. Th
From time to time it becomes necessary to modify the adopted bud
the budget depends upon the type of change that is needed. One
-item to
presented by administration to City Council for their considerat
The second type of budget amendment brings about a change in the
department or fund. Examples of these changes include but are n
acceptance of additional grant money, an adjustment to reflect i
the appropriation of additional funding if expenditures are proj
re -appropriation of monies from one fund to another when deemed ne
council approval in the form of an ordinance. The status of the
during the mid-biennial review and periodically through each yea
All requests for amendments are first filed with the Finance Dep
Basis of Budgeting
All governmental fund type budgets are prepared on the modified
conformity with generally accepted accounting principles (GAAP).
prepared on an accrual basis, also in accordance with GAAP. The
where expenditures cannot exceed appropriations is at the indivi
the total expenditures of any fund must be approved by the City
budget, as adopted biennially by the City Council, constitutes t
that level of detail.
FUND DEFINITIONS
ensure legal compliance and financial management for various res
expenditures. Fund accounting segregates certain functions and
funds created and maintained for specific purposes (as described
The City of Tukwila budget is organized in a hierarchy of levels
A fund is an accounting entity used to record the revenues and
Fund
governmental unit which is designated for the purpose of carryin
or attaining certain objectives. For example Fund 104, the Arter
designated for the purpose of maintaining the arterial streets w
A department designates a major function of City operations, e.
Department
and Recreation.
A specific distinguishable line of work performed by the depart
Program
The appropriation unit (object of expenditure) is the level of
Object
sort and summarize objects of expenditure according to the type
being purchased, e.g., salaries, supplies.
FINANCIAL STRUCTURE OF THE CITY BUDGET
The following are the fund types budgeted by the City and other
Governmental Fund Types
General Fund
The General Fund supports the general operations of the City gov
administration, the legislative function, legal services, public
development, enforcement of local codes, parks, recreation, and
principal source of revenue for the General Fund: property, sale es . Other
important sources are shared revenue from other governments, lic
services, and fines and forfeitures. The General Fund accounts
which a specific fund has been created.
The Contingency, or Reserve Fund, is an accumulation of fund bal
previous year General Fund revenue, exclusive of significant non
this fund can be used for more restrictive, emergency type purpo
general fund.
Special Revenue Funds
Special Revenue funds are used to account for revenues which are
for special purposes. These funds receive revenue from a variet
State grants, taxes, and service fees. These revenues are dedic
individual special revenue fund. There are two Special Revenue Hotel/Motel Tax, and Drug
Seizure.
Debt Service Funds
These funds account for resources necessary to pay principal and
Debt limits are based on percentages of assessed valuation, with
the city electorate.
Tukwila has a Limited General Obligation bond rating of AA- with
Capital Projects Funds
These funds are used to account for financial resources to be us
including those financed by special assessment, major improvemen
capital funds consist of contributions from operating funds and
usually dedicated to capital purposes and are not available to s
are adopted on a multi-year basis. Currently the City has six a
Streets, Bridges & Arterial Streets, Land Acquisition, Recreatio
Replacement Fund, General Government Improvements, and Fire Impr
Proprietary Fund Types
Enterprise Funds are used to account for operations that are fi
Enterprise Funds
in a manner similar to business enterprises. They are establish
with revenues provided primarily from fees, charges, or contract
Enterprise Funds to account for the operations of Water, Sewer,
Reserves and Golf Course.
Internal Service Funds are used to account for operations simil
Internal Service Funds
accounted for in Enterprise Funds, but these funds provide goods
cost reimbursement basis. The City maintains three Internal Ser
management and self-insurance activities.
Fiduciary, or Trust Funds, are used to account for assets held b
Fiduciary Funds
investment trust, private-purpose trust, and agency funds. Th
recognized when earned and expenses are recorded when incurred.
FINANCIAL PLAN
Introduction
The National Advisory Council on State and Local Budgeting (NACS
revenue and expenditures in their Recommended Budget Practices.
a combined view of both past and anticipated future revenues and
focuses analysis on revenue sources in order to inform users of
the services it provides to its citizens. A table, graph and exp
the General Fund, Special Revenue funds, Capital Projects funds,
funds, and Fiduciary funds. This is followed by a six-year forec
with a discussion of the factors that affect the forecast. Long
well as the General Fund fiscal capacity. This chapter ends with
working capital balances.
community needs
in both the present and future. The development and allocation
the basis of the foregoing policies, goals, and objectives addressing the requirements and needs of the
City of Tukwila. While the other sections of this document will
section provides an overview of the budget as a Financial Plan.
strategies to maintain its financial strength and the basis for
affecting 2015-2016 are summarized under the Capital Budget sect
Capital Improvement Program (C IP ) is outlined, in detail, in a separate document.
A six- governmental fund revenues and expenditures follows this summary
The purpose of the forecast is to highlight issues associated wi
decisions. It is not intended to be a multi-year budget.
Revenues and expenditures are projected on the basis of assumed
are forecast on the basis of future economic and demographic fac Expenditures are forecast based
on past trends modified by present and future conditions. Futur
assumptions. This model has been used to test a large range of
course of developing budget recommendations.
Forecasting models have been used to assist in fiscal planning f
allowed analysis of alternative actions in funding programs duri
The model accents the continuing need to control the per capita
preceding pages. Continued caution will be required to anticipa
and future legislative actions to avoid service reductions for b
slower than anticipated the adverse effect on fund balance may b
As mentioned, the City takes into account the statewide initiati
issue that develops when property tax increases for existing imp
is that costs cannot be held to the same 1% increase. Costs suc
contracts, services and supplies continue to increase at a great
healthcare costs are good examples. The shortfall then has to b
collection and population growth. The City has been able to mai
light of legislative action, because the economy is growing at r
on property taxes. Sales tax revenue needs to grow at a rate tha
property tax declines. If not, the City will then have to make
basic levels of services.
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