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HomeMy WebLinkAboutFSC 2023-12-06 Agenda PacketCITY OF TUKWILA FINANCIAL SUSTAINABILITY PLAN FINANCIAL SUSTAINABILITY COMMITTEE MEETING #2 1 DECEMBER 6, 2023 MEETING AGENDA ■ Welcome and Recap of Meeting 1 (30 mins) ■ Community Vision and Priorities (15 mins) ■ Financial Overview (60 mins) ■ Meeting Recap and Close (15 mins) 11 2 MEETING 1 RECAP PROJECT PURPOSE AND FRAMEWORK :ill PROJECT FRAMEWORK: PURPOSE Key questions to be answered include: • How can the City best use its limited financial resources to meet the priorities of the community? Is the City using the right tools to achieve long-term financial sustainability? • How should the City's programs and services be calibrated with the community members' desires and willingness to pay? • How can impacts to residents and businesses be most equitably balanced, including consideration of the range of household wealth and business size present in Tukwila? The City is implementing two interrelated planning processes to answer these questions and establish the City's long-range financial strategy: a Financial Sustainability Plan and a Utility Rate Study. PROJECT PURPOSE [What does the Whatis�a community willing to pay? How should programs and senores he bbnlanced with community values. Community Values Projected How can the City best 1 e in financial Operating resneRee'1 and Capital Needs Projected Financial Revenues Sustainability and Plan Revenue Mix Impact on Taxpayers ___{I Is the City using the right roofs? �bHowand most iden impactscan a d businesses Ere mart qurtabiy balanced. 4 CITY FINANCES AND SERVICES Macro context • Economic conditions (inflation, resident and business ability to pay) • Demographics and social conditions (service needs and demands) • Regional role (revenues and costs) • Legal context (mandated services, revenue options) Community Context Revenues = Expenses City revenues are (mostly) paid for by residents and businesses through taxes, fees, and rates. Considerations • Revenue tools in use. • Rate compared to neighbors and peers. • Distribution of burden between residents and businesses. • Nexus between payment and benefit. Projected Revenues and Revenue Mix .'I Impact on Taxpayers Pi 11Community Values and Priorities City expenses are directly or indirectly incurred in delivering services to residents and businesses. Some services help residents and businesses do well, supporting their ability to contribute to City revenues. Considerations • Service mix and levels of service. • Inflation (labor and capital). Capital needs. Projected Operating and Capital Needs Financial Sustainabilty A city can't run a deficit for long. Levels of service are adjusted to match revenues. There is almost always a gap in actual and desired services. This gap is not visible in the City's forecast. Considerations • Unmet operating needs and capital investments. • Impacts of population growth and inflation. Revenue and service mix that is sustainable and equitable. Financial Sustainability Plan PROJECT ARC Meeting 1 Meeting 2 Meeting 3 Meeting 4 Meeting 5 Meeting 6 Community Context Who lives here? What kind of businesses? What is the composition of the Tukwila economy? :►111 Community Values and Priorities Revenue Mix General Spending What does the community desire? What are the City's biggest costs? How do City revenue tools compare to others? City Programs and Services Gather Potential Principles and Recommendations in meetings 1-4 Financial forecast with revenue / service gap What are the City's greatest needs? How might efficiencies be gained? What programs and services best align with community priorities? Full Set of Recommendations How can we best balance the City's financial sustainability, the provision of City services that meet community expectations, and equity in costs and services? ALTITUDES OF ENGAGEMENT Financial Sustainability Committee City Council City Staff Principles Recommended Directions Policy Setting Budget Adoption Program Design Program Delivery 7 MEETING 1 RECAP ADDITIONAL INFORMATION AND KEY TAKEAWAYS :ill ADDITIONAL INFORMATION The Community Profile and Peer Benchmarking document has been updated with the following information and posted to the City's website: • Additional detail was provided about the range of languages spoken in Tukwila on page 6. ■ An exhibit was added to page 6 showing the proportion of residents who identify as Hispanic or Latino. ■ Corrections were made to housing and income statistics on page 10. ■ Additional wage -related exhibits were added on pages 16 and 17. 9 ADDITIONAL INFORMATION Almost 20% of the Tukwila population identifies as Hispanic or Latino, which is nearly double the King County average. 18% Tukwila King County Hispanic or Latino Not Hispanic or Latino Top languages groups spoken at home in Tukwila: 1. English only (53.8%) 2. Asian and Pacific languages (17.3%) 3. Spanish (12.1%) 4. Other languages (11.4%) 5. Other Indo-European languages (5.4%) Source: US Census Bureau, 2017-2021 American Community Survey 5-Year Estimates. 10 COMMUNITY PROFILE HIGHLIGHTS • Tukwila is a growing community, with more diversity and younger residents than King County. Tukwila School District has students that represent many cultures and speak more than 80 world languages. • Tukwila has a higher share of low-income households than King County, particularly among renters. • Tukwila residents identify as less healthy than residents in King County and Washington State. • Tukwila has a very high jobs to population ratio, with a strong commercial sector that includes retail sales and manufacturing. Employment growth in Tukwila has been slower than peer cities, but jobs are projected to grow over the next two decades. • Most businesses in Tukwila have 100 or fewer employees and most jobs are in the services, retail, and manufacturing sectors. Most workers in Tukwila commute from outside the City. This influx of workers, along with daytime visitors, may drive up the demand for public services. • More than half of Tukwila's General Fund revenues are from property and sales taxes. With the Southcenter mall, a majority of Tukwila's taxable retail sales are attributed to consumer shopping. • Tukwila's largest General Fund expenditure is toward Police services, which is similar to peer cities. 111 11 COMMUNITYVISION AND PRIORITIES 11 SOURCES ■ City's Strategic Plan, which guides the development of the budget. ■ Economic Development Strategy, which will guide the City's efforts to strengthen Tukwila's economic future. ■ Parks, Recreation and Open Space Plan, which guides future investment in the City's parks and recreation offerings. ■ Input for the 2023-2024 Budget, in the form of meetings, conversations, and an online survey. 13 COMMUNITY PRIORITIES Common themes across the City's planning documents. COMMUNITY VISION The city of opportunity, the community of choice. CITY MISSION To provide superior services that support a safe, inviting and healthy environment for our residents, businesses and guests. Great neighborhoods and quality public spaces Opportunity for all Tukwila residents Vibrant and diverse economy Positive community identity 14 COMMUNITY BUDGET PRIORITIES Common themes in the feedback community members shared on the budget. Public safety Infrastructure maintenance Balance between raising revenue and reducing services Youth and senior services Human Services & Rental Assistance 15 COMMUNITY BUDGET PRIORITIES Survey participants rated public safety and infrastructure maintenance as the highest service priorities Service Priorities: Scores from 65 Respondents Police services and public safety Fire and emergency medical services Utility infrastructure maintenance Street surface maintenance Sidewalk and crosswalk maintenance Park and trail maintenance Human services and rental assistance Economic development activity Community emergency preparedness Code enforcement activity Youth activities City future planning Communications/community outreach Building permit issuance Traffic calming measures Municipal court services Senior activities Foster Golf Course operations Public records accessibility 0 50 100 150 200 250 300 350 16 COMMUNITY BUDGET PRIORITIES Participants at community events and meetings identified youth activities, public safety, and human services as the highest expenditure priorities Youth Activities Police Services & Public Safety Human Services & Rental Assistance City Future Planning Economic Development Activity Park & Trail Maintenance Street Surface Maintenance Public Records Accessibility Foster Golf Course Operations Building Permit Issuance Middle School Programs Expenditure Priorities: Dots IMO 0 5 10 15 20 25 30 35 40 45 50 17 COMMUNITY BUDGET PRIORITIES Most participating community members preferred to increase existing tax rates Some preferred to reduce services instead of increasing taxes Increase gambling tax No tax increase, reduce services Add a Business & Occupation tax Increase property tax Increase fees for services Increase sales tax Increase sin taxes Cannabis shops Revenue Options: Number of Dots 0 5 10 15 20 25 30 18 FINANCIAL SUSTAINABILITY CONSIDERATIONS Questions to consider: ■ What do you take away as the community's values and priorities for City services? ■ How do these values and priorities inform your work? Are there any potential Principles or Recommendations you would suggest based on this? 19 FINANCIAL OVERVIEW DIFFERENT TYPES OF REVENUES • Most taxes support general government functions and are not tied to a particular service. • Fees are related to the cost of the service provided and are paid by the person using the service. • Intergovernmental revenues include state and federal grants. • Other financing includes sale of capital assets and internal fund transfers. • Charges for services includes utility rates, which are paid by utility customers. Across all Tukwila funds, taxes are the largest category of revenues, followed by fees: 1% 2023 Revenue $142.5 million 4 2 % ■ Taxes ■ Licenses & Permits ■ Intergovernmental ■ Charges for Services ■ Fines and Penalties ■ Miscellaneous ■ Other Financing Sources: BERK, 2023; City of Tukwila, 2023. 21 PROPERTY TAX COMPARISON Kingston m,sh Judge and f Voshon s - Vashon Island V l 7�, Mill Creek 9 Edmonds Mountlake Terrace Bothell Kirkland Re1mOnd N•II i . MM.aina Seattle' ir ue . Sarr J IlL Mercer Island 4 1 f Newcaitle r Vr`_• White Center IdaLry island Q East Renton rukwiiir Rer tones F♦ighlands+ Bwlen Q Sea rac Cascade•Fauwood v K9 s Maph (bl :ill Tukwila's total property tax rate is similar to rates in peer cities in King County: Tukwila SeaTac Burien Kent Renton Lynnwood Eaa $3.70 $4.04 S1.95 SO.5 52.24 $2.05 $1.40 $2.23 $1.07 $0.5- $1.55 $1.40 $0.86 $1.70 $7.35 510.49 $10.47 $10.60 $9.94 $9.20 ■ State Schools ■ City Schools ■ City Regular ■ County Regular ■ Fire ■ Other Sources: BERK, 2023; King County Assessor's Office, 2023; Snohomish County Assessor's Office, 2023. Cities that contract for fire service Cities that are part of a fire authority 22 PROPERTY TAX REVENUE FROM DIFFERENT PROPERTY TYPES Two-thirds of property tax revenue comes from commercial property: Residential, 25% Apartments and Mobile Homes 8 0/ Commercial, 67% Sources: BERK, 2023; City of Tukwila, 2023. 23 EXAMPLE REVENUES COLLECTED FROM BUSINESSES Tukwila has the second lowest business Tukwila has the lowest business and license fee in the peer group: Kent Burien Renton Lynnwood Tukwila SeaTac Mimi ail $125 $112 $100 Note: These rates represent the minimum fee assessed for general business activity. $150 $180 $274 Burien Tukwila occupation tax rate in the peer group: i i 0.121% 0.100% 0.085% Notes: Tukwila's Business and Occupation Tax will begin January 1, 2024. These rates represent the highest rate levied if the city has a range depending on the type of business activity. Sources: BERK, 2023; City of Burien, City of Kent, City of Lynnwood, City of Renton, City of SeaTac, City of Tukwila, 2023. 0.200% 24 EXAMPLES OF ADDITIONAL REVENUE TOOLS The cities of Burien and Lynnwood collect additional revenues from transportation benefit district charges, which are not currently used by Tukwila. City Lodging Tax Transportation Benefit District Fee Transportation Benefit District Sales Tax Transportation Impact Fees Parks Impact Fees Burien Not used $20 Not used $948 Not used Kent 1.0% Not used Not used $8,979 Not used Lynnwood 2.0% $40 0.10% $6,525 $5,899 Renton 1.0% Not used Not used $12,209 $3,276 SeaTac 1.0% Not used Not used $3,733 Not used Tukwila 1.0% Not used Not used $3,726 $3,629 Sources: BERK, 2023; Municipal Research and Services Center, 2023; Washington State Department of Revenue, 2023. 25 GENERAL FUND BUDGET TRENDS Annual Percent Growth 20% 15% 10% 5% 0% -5% -10% 2017 2018 2019 % 2020 / 2021 2022 GF Revenues GF Expenditures Inflation Note: Inflation is based on the annual Consumer Price Index for Seattle -Bellevue -Tacoma. Sources: BERK, 2023; City of Tukwila, 2023; US Bureau of Labor Statistics, 2023. • The General Fund is the City's largest and most flexible fund. • Before the pandemic, revenues and expenditures grew in line with inflation. The City aligned service levels with available revenues. • Revenues grew as the economy began to recover after 2020; expenditures grew during these years as well, though at a slower rate in 2021. 26 GENERAL FUND EXPENDITURES AND STAFFINAG As a service provider, approximately 70% of General Fund expenditures are spent on staff salaries and benefits : Total Expenditures $80M $70M $60M $50M $40M $30M $20M $10M $OM 6% 24% 69% 6% 25% 69% 6% 27% 67% 7% 25% 68% 6% 23% 71% 6% 23% 71% 11% 23% 66% 2016 2017 2018 2019 2020 2021 2022 =MI Salaries and Benefits Operations Debt Service and Transfers Total FTE Sources: BERK, 2023; City of Tukwila, 2023. 350 3d5 340 335 330 325 320 315 310 305 300 w 1- 1- City services are labor intensive. Service needs are driven by: • Location and role in the region • Residential population • Daytime population • Community makeup • Demands on infrastructure Labor costs are driven by: • Regional labor market • Competition for high quality staff • Minimum wage policy • Council policy direction 27 FINANCIAL SUSTAINABILITY CONSIDERATIONS ■ The City has made significant investments in infrastructure and systems, which need ongoing operational support. ■ The cost of providing existing services is increasing. ■ The Tukwila community needs a high level of service. ■ Growth is a driver of staff workload and will drive the demand on the City's infrastructure. These considerations will impact the City's financial forecast, which we will discuss in a future meeting. 28 FINANCIAL OVERVIEW HIGHLIGHTS What would you add or change? ■ The City collects different types of revenues from different groups. The City's largest revenue sources are taxes and fees. ■ Tukwila's total property tax rate is similar to peer cities in King County. Compared to peer cities, Tukwila has lower rates for taxes and fees assessed on businesses. ■ General Fund revenues decreased significantly at the onset of the pandemic and increased as the economy began to recover. The City has aligned service levels to match expenditures with available revenues. ■ As a service provider, the City spends the largest percentage of General Fund expenditures on salaries and benefits. Labor costs are driven by the regional employment market and City policies. ■ Total City staffing has decreased slightly since 2016, during which time the City's population has continued to grow. ■ Increased service needs and the growing cost of providing existing services will impact the City's financial forecast. 29 MEETING CLOSE THANK YOU! Focus of Next Meeting ■ City Programs and Services part 1 ■ Department programs and services, priorities, and needs 11 31 SCHEDULING ■ Meeting 1: Kickoff and Context (November) ■ Meeting 2: Community Priorities and Financial Overview (December 6) ■ Meeting 3: City Programs and Services (January 9, Tuesday) 4 Update to City Council (mid -January) ■ Meeting 4: City Programs and Services and Financial Forecast (February 7, Wednesday) 4 Update to City Council ■ Meeting 5: Options Discussion (March 5, Tuesday) ■ Meeting 6: Recommendations Discussion (April 3, Wednesday) 4 Final delivery of recommendations to City Council (April) Between Meeting 4 and Meeting 5, the City could offer opportunities for broader community engagement and/or additional business engagement. 32 ROUNDTABLE CLOSING COMMENTS December 1, 2023 City of Tukwila Financial Overview Tukwila Financial Sustainability Plan I December 2023 Overview This document provides an overview of the City of Tukwila's revenue tools, comparisons to revenue tools in peer cities, General Fund budget trends, and staffing levels. This information can be used to provide a basis for understanding the City's financial status and to guide the City's financial sustainability plan. Key Points ■ The City collects different types of revenues from different groups, such as residents and businesses. • Tukwila's total property tax rate is similar to peer cities in King County. Compared to peer cities, Tukwila has lower rates for taxes and fees assessed on businesses. ■ The cities of Burien and Lynnwood collect additional revenues from transportation benefit district charges, which are not currently used by Tukwila. • General Fund revenues decreased significantly at the onset of the pandemic and increased as the economy began to recover. As part of the budget and budget amendment processes, the City aligns service levels to match expenditures with available revenues. ■ As a service provider, the City spends the largest percentage of General Fund expenditures on salaries and benefits. Labor costs are driven by the regional employment market and City policies. ■ Total City staffing has decreased slightly since 2016, during which time the City's population has continued to grow. ■ Increased service needs and the growing cost of providing existing services will impact the City's financial forecast. 1 Revenue Tools Exhibit 1 shows the City's budgeted revenue mix across all funds in 2023 and 2024. Taxes are the largest category of revenue, followed by fees which include charges for service, licenses, permits, fines, and penalties. The City also receives intergovernmental revenues, such as state and federal grants, and other financing, such as sale of capital assets and internal fund transfers. Exhibit 1: Tukwila Revenue Mix for All Funds, 2023-2024 4 2023 Revenue $142.5 million Sources: BERK, 2023; City of Tukwila, 2023. 0.5% ■ Taxes ■ Licenses & Permits • Intergovernmental • Charges for Services • Fines and Penalties ■ Miscellaneous • Other Financing 2024 Revenue $156.1 million Most taxes support all government functions and are not tied to a particular service. Some taxes are collected for a specific purpose or are restricted by State law. Fees are related to the cost of the service provided and are paid by the person using the service. To illustrate the difference, all property owners pay property tax, and the amount does not depend on how much a resident uses City services. Property owners only pay permit fees if applying for a permit and the fee is intended to offset all or a portion of the cost of providing the service. Utility rates, which are categorized as a charge for service, support operating and capital needs for the utility. These are paid by customers of the utility and may be based the type of customer or consumption. Exhibit 2 lists examples of the City's major revenue collections, who pays them, how they are used, and the 2024 budgeted amount from all funds. Some revenues are collected from multiple groups, such as residents and businesses, and some are collected from only one group, such as users of a service or just businesses. The revenues listed do not include all revenues collected by the City but include the City's largest sources or the most common taxes, fees, and rates paid by members of the community. r lI� December 1, 2023 City of Tukwila Financial Overview 2 Exhibit 2: Examples of Tukwila Major Revenue Sources with Groups Impacted and Uses Revenue Source Received From Use of Revenue 2024 Budget Taxes Property Tax Residents, businesses General operations $23.1 million Retail Sales Tax Residents, visitors General operations $21.4 million Utility Tax Private utility providers General operations, though a portion of solid waste tax revenue is dedicated to streets projects $5.6 million Business & Businesses Occupation Tax General operations $3 million Gambling and Admissions Tax Visitors to gambling/ entertainment venues Gambling tax must first be used $5.4 million for public safety Fees Business License Fees Businesses General operations $3.2 million Impact Fees Developers Capital improvements $900,000 Parks & Recreation Users of parks & Activity Fees recreation programs General operations $1.6 million Building Permit Fees Residents, organizations, General operations businesses $1.7 million Utility Rates Water Utility Charges Residents, businesses Water operations and capital; cannot be used for general fund operations $8.2 million Sewer Utility Charges Residents, businesses Sewer operations and capital; cannot be used for general fund operations $11.1 million Surface Water Utility Charges Residents, businesses Surface water operations and capital; cannot be used for general fund operations $8.1 million Note: 2024 budgeted revenue amounts are from all City funds. The City dedicated some of the Business & Occupation tax to restoring police positions that had been frozen during the pandemic. Sources: BERK, 2023; City of Tukwila, 2023. r lI� December 1, 2023 City of Tukwila Financial Overview 3 Property tax is a large source of revenue for the City. Over two-thirds of the City's property tax revenue comes from commercial property and one quarter comes from residential property (Exhibit 3). Exhibit 3: Property Tax Revenue by Property Type, 2022 Residential, 25% Apartments and Mobile Home 8°/ Source: City of Tukwila; BERK 2023. Commercial, 67% Comparison to peer cities The peer group in this analysis includes the City of Burien, City of Kent, City of Lynnwood, City of Renton, and City of SeaTac. These cities are near Tukwila, serve similar populations, and in the case of Lynnwood (located in Snohomish County) also have a large shopping center. Exhibit 4 shows that Tukwila and peer cities generally have a higher share of the population than King County that is Black or African American, Asian, and Hispanic or Latino. Exhibit 5 shows that Tukwila and peer cities have a greater share of the population than King County that is below the area median family income. Exhibit 4: Racial Composition of Tukwila, Peer Cities, and King County, 2021 Population White alone Black or African American alone American Indian and Alaska Native alone Asian alone Native Hawaiian and Other Pacific Islander alone Some other race alone Two or more races Hispanic or Latino Not Hispanic or Latino Tukwila 21,545 33% 19% 1% 24% 4% 13% 6% 18% 82% Burien 51,646 53% 9% 0% 15% 1% 13% 9% 23% 77% Kent 134,890 43% 12% 0% 22% 2% 10% 10% 16% 84% Lynnwood 38,812 58% 9% 0% 17% 0% 4% 12% 14% 86% Source: US Census Bureau, 2017-2021 American Community Survey 5-Year Estimates. Renton 105,313 48% 8% 1% 24% 1% 6% 11% 16% 84% SeaTac 30,867 38% 22% 1% 14% 3% 14% 8% 22% 78% King County 2,240,876 61% 6% 1% 19% 1% 4% 9% 10% 90% riII December 1, 2023 City of Tukwila 1 Financial Overview 4 Exhibit 5: Households by Median Family Income in Tukwila, Peer Cities, and King County, 2020 Wil 30% 14% 18% 20% IN 38% la. 11% 16% 16% Tukwila Burien 38 III 13% 14% 17% Kent 43% IL 13% 16% 13% 11% 16% 15% 33% 13% 18% 21% II Renton Lynnwood SeaTac King County ■ Above Median Income (>100%) Moderate Income (80-100%) Low -Income (50-80%) Very Low -Income (30-50%) • Extremely Low -Income (<30% MFI) Note: Median family income refers to the HUD Area Median Family Income for the Seattle -Tacoma -Bellevue Metropolitan Statistical Area, which is adjusted based on household size. Source: US HUD Comprehensive Housing Affordability Strategy (CHAS) data, 2016-2020. Exhibit 6 compares property tax rates for Tukwila and peer cities. The total property tax is similar for Tukwila and peer cities in King County. Tukwila and SeaTac both pay for fire services through a contract, so use local property tax revenue to pay for this and have a higher city levy rate. The other cities are annexed into a fire district, so do not collect property tax revenue to pay for fire service. Across all peer cities, a large share of property tax goes to other taxing districts. Exhibit 7 and Exhibit 8 compare the business and occupation tax rate and business license fee in Tukwila and peer cities. Tukwila has the lowest business and occupation tax rate and the second lowest business license fee. riII December 1, 2023 City of Tukwila 1 Financial Overview 5 Exhibit 6: Property Tax Levy Rate for Tukwila and Peer Cities, 2023 Tukwila Sea Tac Burien Kent Renton Lynnwood $2.31 $2.31 5 $2.05 $1.40 $2.31 $2.31 $2.31 .61 $1.70 $7.35 $10.49 $10.47 $1.40 $10.60 $ 9.94 $9.20 ■ State Schools =City Schools ■City Regular • County Regular ■ Fire ■ Other Note: "Other" includes other taxing districts and excess city levies. Sources: BERK, 2023; King County Assessor's Office, 2023; Snohomish County Assessor's Office, 2023. Exhibit 7: Business and Occupation Tax Rate for Tukwila and Peer Cities, 2023 Kent Renton Burien Tukwila 0.121% 0.100% 0.085% 0.200% Cities that contract for fire service Cities that are part of a fire authority Notes: Tukwila's Business and Occupation Tax will begin January 1, 2024. These rates represent the highest rate levied if the city has a range depending on the type of business activity. Sources: BERK, 2023; City of Burien, City of Kent, City of Renton, City of Tukwila, 2023. r lI� December 1, 2023 City of Tukwila Financial Overview 6 Exhibit 8: Business License Fee for Tukwila and Peer Cities, 2023 Kent Burien Renton Lynnwood Tukwila SeaTac $125 $112 $100 $150 $180 Note: These rates represent the minimum fee assessed for general business activity. $274 Sources: BERK, 2023; City of Burien, City of Kent, City of Lynnwood, City of Renton, City of SeaTac, City of Tukwila, 2023. Other revenue tools that are commonly used by cities include a transportation benefit district fee or tax, which pays for street maintenance, or impact fees, which pay for capital improvement projects. Exhibit 9 shows these tools and which peer cities currently use them. Tukwila assesses a lodging tax, along with most other cities. Tukwila also assesses impact fees, which are below some rates of peer cities. Only two cities in this group charge fees for a transportation benefit district. Exhibit 9: Other Revenue Tools and Current Rates for Tukwila and Peer Cities, 2023 Transportation Transportation Benefit Transportation Parks City Lodging Tax Benefit District Fee District Sales Tax Impact Fees Impact Fees Burien Not used $20 Not used $948 Not used Kent 1.0% Not used Not used $8,979 Not used Lynnwood 2.0% $40 0.10% $6,525 $5,899 Renton 1.0% Not used Not used $12,209 $3,276 SeaTac 1.0% Not used Not used $3,733 Not used Tukwila 1.0% Not used Not used $3,726 $3,629 Sources: BERK, 2023; Municipal Research and Services Center, 2023; Washington State Department of Revenue, 2023. r lI� December 1, 2023 City of Tukwila Financial Overview General Fund Budget and Staffing Trends The General Fund is the City's largest and most flexible fund. Exhibit 10 shows that prior to the pandemic, between 2017 and 2019, revenues and expenditures grew in line with inflation. The City aligned service levels and expenditures with available revenues. Revenues declined during the pandemic, in 2020, and expenditures decreased to match. Revenues grew after the pandemic, in 2021 and 2022, as the economy began to recover during the pandemic. Expenditures grew during 2021 and 2022 as well, though at a slower rate in 2021. In response to the decrease in revenues in 2020, the City froze positions, implemented employee furloughs, and reduced service levels in areas such as street maintenance and recreation. In the 2021 - 2022 biennium, federal funds allowed the City to reinstate key positions in Parks and Recreation, Community Development, and the Streets Division to continue to provide services in these areas. However, this did not return the City to previous service levels as several positions continue to be frozen. Exhibit 11 depicts the impact to the City's total position count, which declined between 201 6 and 2022. Exhibit 10: Tukwila General Fund Revenue and Expenditure Annual Growth Compared to Inflation, 2017- 2022 Annual Percent Growth 20% 15% 10% 5% 2017 2018 2019 % 2020 2021 2022 GF Revenues GF Expenditures — Inflation Note: Inflation is based on the annual Consumer Price Index for Seattle -Bellevue -Tacoma. Sources: BERK, 2023; City of Tukwila, 2023; US Bureau of Labor Statistics, 2023. 11IDecember 1, 2023 City of Tukwila I Financial Overview 8 The City's General Fund expenditures are made up of the following categories: • Salaries and benefits include overtime, extra labor, holiday pay, insurance, pensions, uniforms, and unemployment compensation. • Operations include supplies, professional development, communication, advertising, rentals, leases, technology services, public utilities, repairs, and maintenance. • Debt service and transfers include principal and interest payments on debt and internal transfers from the General Fund to other City funds. Exhibit 11 shows that approximately 70% of General Fund expenditures are spent on salaries and benefits. A city provides services to the community, which require employees to deliver, so it is standard that most of a city's budget is spent on salaries and benefits. Labor costs are driven by the regional labor market, competition for high quality staff, and City and organizational policies. Exhibit 11 also shows the number of full-time positions over this period. The total number of positions has been consistent, though there was a decline in 2020 as the City reduced service levels. Exhibit 11: Tukwila General Fund Expenditures by Category and Total FTEs, 2016-2022 $80M a S70M uxi S60M 15 - S50M $40M $ 30M $ 20M $1OM SOM 6% 24% 69% 6% 23% 69% 27% 67% 25 % 68% 6% 23% 71% 6% 23% 71% 11% 23% 66% 2016 2017 2018 2019 2020 2021 2022 Salaries and Benefits Debt Service and Transfers Operations Total FTE Note: The City had a large one-time debt service payment in 2022. Sources: BERK, 2023; City of Tukwila, 2023. 350 345 340 335 330 325 320 315 310 305 Total FTEs Financial Sustainability Considerations As noted above, the City has not yet returned to its previous service levels and some positions remain frozen. The City will need to balance the desire to return to previous service levels, or enhance service levels, with available resources. 61 December 1, 2023 City of Tukwila I Financial Overview 9 Some additional considerations include: The City has made significant investments in infrastructure and systems. These investments need ongoing operational support. The cost of providing existing services is increasing. Some costs are outside of a department's control, such as new technology or participating in mandated training. The Tukwila community needs a high level of service. The City has various social service needs. There are many new residents, including refugees and people seeking asylum. The consumers of City services may need individualized support. Departments have to staff for a larger population because of the high number of daytime visitors. Growth is a driver of staff workload and will drive the demand on the City's infrastructure. As the City grows, it will have new projects and new employees, which adds to the workload of internal service departments. With more residents, jobs, and daytime visitors, some departments will need to add staff to provide the same level of service. it December 1, 2023 City of Tukwila I Financial Overview 10 December 1, 2023 City of Tukwila Community Priorities Overview Tukwila Financial Sustainability Plan I December 2023 Overview This document provides an overview of the Tukwila community's values and priorities as expressed in City documents and plans. This information provides context for understanding what the community's priorities are and how they inform City priorities and service delivery. Common themes reflect the community's desire to have: • great neighborhoods and quality public spaces, • a vibrant and diverse economy, • a positive community identity, • and opportunity for all Tukwila residents. Strategic Plan The City's budget document references the City's strategic priorities, which were articulated in the Tukwila Strategic Plan. These priorities are used to align resources so that the City funds programs and services that align with community desires. The Strategic Plan establishes the City's Vision and Mission: COMMUNITY VISION The city of opportunity, the community of choice. CITY MISSION To provide superior services that support a safe, inviting and healthy environment for our residents, businesses and guests. :iil 1 The Strategic Plan's five Goals that inform budget priorities are: 1. A community of inviting neighborhoods and vibrant business districts. 2. A solid foundation for all Tukwila residents. 3. A diverse and regionally competitive economy. 4. A high performing and effective organization. 5. A positive community identity and image. Economic Development Strategy The City has developed an Economic Development Strategy to guide its efforts to strengthen Tukwila's economic future. The primary purpose of the Economic Development Strategy is to describe Tukwila's vision for sustainable and inclusive economic prosperity and to identify strategies and actions to achieve that vision. The vision in the strategy is: "Tukwila is a vibrant community with a strong and sustainable economy that celebrates and empowers its diversity, supports economic prosperity for all residents, and sustains a foundation for businesses of all sizes." The Economic Development Strategy's Goals are: 1. A vibrant, diverse, and resilient economy. 2. A safe and desirable community with a positive identity. 3. Prosperity and opportunity for businesses, workers, and residents. 4. A supportive environment for small business and entrepreneurs. 5. A community that celebrates and invites diversity. Parks, Recreation and Open Space Plan Another planning document that incorporates the community's priorities is the City's Parks, Recreation and Open Space Plan (PROS Plan), which was adopted in 2020. This PROS Plan guides future investments for the City's parks and recreation system. Plan recommendations during the planning process: ■ Close interaction with nature. ■ Cultural heritage inspiration. ■ Vibrant urban water centerpiece. ■ Lively park -adjacent commerce. ■ Expanded parks/preserved open space. ■ Reinvigorated quality of existing parks and facilities. ■ Fun fitness opportunities. ■ Affordable, stimulating experiences for all ages. ■ Convenient, accessible system. ■ Safe, family -friendly places. The Plan's Goals are focused as follows: 1. Safe, convenient, and connected system. 2. A network of green spaces. 3. A sense of community. address priorities and key needs identified •j December 1, 2023 City of Tukwila I Community Priorities Overview i2 4. Opportunities for all. 5. Safe, inviting, and affordable. b. Healthy people and places. Budget Engagement The City engaged with community members in 2022 to gather feedback on priorities and ideas for the 2023-2024 biennial budget. Staff attended meetings, events, and gatherings to listen to community members. Staff met with the City's advisory boards and commissions, attended the farmers' market and park events, and held community stakeholder meetings with seniors, Black community members, and high school students. Staff also offered an online survey and an online budget tool that allowed individuals to propose ways to balance the budget. Community members who participated in engagement placed a high priority on: • public safety, • infrastructure maintenance, • and social services such as youth and senior activities. Regarding service levels, participating community members preferred to increase existing tax rates, such as the gambling tax or property tax, or add a business and occupation tax, to maintain existing services rather than reduce services. Service Priorities During community events and meetings, community members reviewed information on City services and revenue options prepared by staff and identified their service priorities and revenue ideas in a dot exercise. Listed below are the expenditure priorities in order with the total number of dots: Youth Activities Police Services & Public Safety Human Services & Rental Assistance City Future Planning Economic Development Activity Park & Trail Maintenance Street Surface Maintenance Public Records Accessibility Foster Golf Course Operations Building Permit Issuance Middle School Programs Expenditure Priorities: Dots 0 5 10 15 20 25 30 35 40 45 50 riII December 1, 2023 City of Tukwila 1 Community Priorities Overview 3 The City received 65 responses to the online survey. Individuals who participated in the online survey also identified service priorities. Listed below are the rank of service priorities from the online survey. Service Priorities: Scores from 65 Respondents Police services and public safety Fire and emergency medical services Utility infrastructure maintenance Street surface maintenance Sidewalk and crosswalk maintenance Park and trail maintenance Human services and rental assistance Economic development activity Community emergency preparedness Code enforcement activity Youth activities City future planning Communications/community outreach Building permit issuance Traffic calming measures Municipal court services Senior activities Foster Golf Course operations Public records accessibility Revenue Ideas 0 50 100 150 200 250 300 350 During community events and meetings, community members identified their top ideas for revenues through a dot exercise. Listed below are the revenue ideas in order with total number of dots: Revenue Options: Number of Dots Increase gambling tax No tax increase, reduce services Add a Business & Occupation tax Increase property tax Increase fees for services Increase sales tax Increase sin taxes Cannabis shops 0 5 10 15 20 25 30 :ill December 1, 2023 City of Tukwila 1 Community Priorities Overview 4