committee of the whole...2020/11/17 · terminated tid % applied to adjusted actual levy 0.000% -...

COMMITTEE OF THE WHOLE

Tuesday November 17, 2020

Shortly thereafter the Council Meeting

Via Video / Teleconferencing

CITY OF WAUPACA MISSION STATEMENT: “The city of Waupaca’s mission is to lead creatively, plan wisely and spend prudently to provide the services that ensure a safe and vibrant community.”

AGENDA

1. Call to Order

2. Approve Agenda

3. FY2021 Budget

4. Adjournment

Brian Smith, Mayor

PLEASE NOTIFY THE CLERK’S OFFICE IF YOU ARE UNABLE TO ATTEND.

PLEASE ADVISE THE CITY CLERK’S OFFICE IF YOU REQUIRE SPECIAL ACCOMMODATIONS. THE CITY OF WAUPACA PROVIDES EQUAL OPPORTUNITIES FOR PUBLIC MEETINGS.

Open Public Access to Meetings. All meetings will be virtual until further notice. We will broadcast all city meetings on Facebook Live, FM96.3 and Win-TV 991. Public Input for any city meeting can be submitted to [email protected]

mailto:[email protected]

2021 BUDGET WORKSHEETLEVY LIMIT

11/13/2020

SECTION A: DETERMINATION OF ALLOWABLE LEVY LIMIT1 Actual Levy ( not including tax increment) 3,305,445 2 Exclude prior year levy for unreimbursed expenses related to an emergency - 3 Exclude prior year levy for new general obligation debt authorized after July 1, 2005 1,070,034 4 Adjusted Actual Levy (Line 1 minus Lines 2 and 3) 2,235,411 5 0.00% growth plus terminated TID % applied to adjusted actual levy 2,235,411 6 Net new construction % applied to adjusted actual levy 1.508% 33,710

Terminated TID % applied to adjusted actual levy 0.000% - 33,710 2,269,121

7 New Levy Limit before adjustments Greater of Line 5 or Line 6. 2,269,121 8 2019 levy limit before adjustments less 2020 personal property aid 20,889.98$ 2,248,231 9 Total adjustments from Sec D, Line S 1,070,034

10 New Allowable Levy. Sum of Lines 7 and 8. 3,318,265

SECTION B: ADJUSTMENT FOR PREVIOUS YEAR'S UNUSED LEVY1 Previous year's allowable levy 3,282,145 2 Previous year's actual levy 3,282,145 3 Previous year's unused levy. Line 1 minus Line 2 - 4 Previous year's actual levy 3,282,145 0.015 49,232 5 Allowable increase. Lesser of Line 3 or Line 4. -

SECTION C: ADJUSTMENT FOR PRIOR YEAR'S UNUSED LEVY CARRYFORWARD1 2016 Unused percentage 0.000%2 2015 unused percentage - 3 2014 unused percentage - 4 prior year unused percentage5 prior year unused percentage6 Total unused percentage 0.000%7 Previous year actual levy due to valuation factor 2,235,411 8 Allowable increase -

SECTION D: ADJUSTMENTS TO LEVY LIMITA Increase for unused levy from previous year (Sec B. line 5) add - B Decrease in debt service for prior to July 1, 2005 debt authorizations subtract - C Increase in debt service for prior to July 1, 2005 debt authorizations add - D Increase for town, village, city's share of refunded or recinded taxes certified under sec. - E Debt service for general obligation debt authorized after July 1, 2005. Add 1,070,034 F Increase in levy approved by referendum. AddG Amount levied to pay unreimbursed expenses related to an emergency.H Costs associated with an intergovernmental cooperation agreement.I Adjustment to levy for increase in charges assessed by a joint fire department.J Adjustment to levy for transfer of services to other governmental units.K Adjustment to levy for transfer of services from other governmental units.L Adjustment to levy for annexation of land during by a city or village. - M Adjustment to levy for annexation of land during from a town.N Lease payment for lease revenue bond issued before July 1, 2005. AddO Levy for shortfall for debt service on revenue bond issued under sec. 66.0621 WI

PIncrease in levy for shortfall in general fund due to loss of revenue from the sale of water or other commodity to a manufacturer that has discontinued operations

QAdjustment to levy for the adoption of a new fee or fee increase for covered services that were partly or wholly funded by levy in 2013. Subtract

R Increase for unused levy carryforward from prior years (Sec C line 8) -

SIncrease in levy for each occupancy permit issued in 2019 for qulifying new single-family residential dwelling units -

TIncrease in levy due to a reduced utility aid payment for a decommissioned or closed plant

U Total Adjustments 1,070,034

2021 BUDGET WORKSHEETLEVY BY FUND

11/13/2020

Dollar Amt Percent Taxing Fund 2013 2014 2015 2016 2017 2018 2019 2020 2021 Inc / (Dec) ChangeGeneral 1,374,006$ 1,732,528$ 2,025,629$ 1,700,057$ 1,740,546$ 1,760,971$ 1,769,521$ 1,702,644$ 1,706,104$ 3,460$ 0.20%Library -$ -$ -$ 351,454$ 352,554$ 352,554$ 339,554$ 339,554$ 346,554$ 7,000$ 2.06%Transit - 12,594 8,000 8,000 9,000 10,000 10,000 10,000 10,000 -$ 0.00%Airport 113,118 112,818 114,994 65,800 60,000 60,000 60,000 60,000 83,250 23,250$ 38.75%Youth Program 102,323$ 102,323$ -$ 0.00%Debt Service 1,856,401 1,399,067 1,388,759 1,070,034 1,309,438 1,134,438 1,070,034 1,070,034 1,070,034 -$ 0.00%Total Tax Levy 3,343,525$ 3,257,007$ 3,537,382$ 3,195,345$ 3,471,538$ 3,317,963$ 3,249,109$ 3,284,555$ 3,318,265$ 33,710$ 1.03%

$-

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000

2013 2014 2015 2016 2017 2018 2019 2020 2021

TOTAL LEVY

Debt Service

Youth Program

Airport

Transit

Library

General

CITY OF WAUPACA

TAX RATE CALCULATION WORKSHEET2019 - 2020 RATE COMPARISON

TAXING BODY

AMOUNTTO BELEVIED RATE

AMOUNTTO BELEVIED RATE

Levy AmtIncrease

(Decrease)

Levy Amt% Increase (Decrease)

RateIncrease(Decrease)

Rate % Increase (Decrease)

State of WI 0.00 0.00 0.00 0.00 0.00 0.00% 0.00 0.00%Waupaca County 2,909,612.79 7.02 3,002,198.94 7.35 92,586.15 3.08% 0.33 4.70%City of Waupaca 3,966,369.50 9.57 4,054,324.55 9.93 87,955.05 2.17% 0.36 3.76%Inland Lakes District 12,084.88 0.02 12,218.21 0.02 133.33 1.09% 0.00 0.00%Waupaca School District 3,607,741.28 8.71 3,503,423.97 8.58 (104,317.31) (2.98%) (0.13) (1.49%)Fox Valley Technical College 462,358.88 1.12 463,817.51 1.14 1,458.63 0.31% 0.02 1.79%GROSS LEVY 11,773,625.92 26.44 11,035,983.18 27.02 77,815.85 0.71% 0.58 2.19%School Levy Credit (716,042.49)$ (1.73) (716,042.49) (1.73) 0.00 0.00% 0.00 0.00%NET TAX LEVY 11,045,033.17 24.71 10,319,940.69 25.29 77,815.85 0.75% 0.58 2.35%

2019/2020 2020/2021 Change Amount % ChangeTOTAL ASSESSED VAL 414,432,700 408,207,600 (6,225,100) (1.50%)FMV 91.68% 87.46% (4.21%) (4.60%)TIF LEVY INCLUDED IN ABOVE 1,890,354.96 2,011,427.79 121,072.83 6.40%

$100,000 Assessed Value Taxes 2,471.00$ 2,529.00$ 58.00$ 2.35%

2019 2020

11/13/2020

Appointed Boards & Commissions

(Mayor & Council Appoint All Members)

Regional Boards (City has one

Appointment on each Board)

City Council

City Attorney City Administrator

Police & Fire Commission

Police Chief

School/ Community

Outreach

School Patrol

Waupaca Area Fire District

Waupaca Regional Recycling & Compost Center

Public Works

Parks & Recreation

Community Development

Finance Director/City Treasurer

Water

Sewer

Streets

Cemetery

Parks

Recreation

Senior Center

Building Inspector

Assessment

Planning & Zoning

Airport Board

Board of Appeals (Zoning)

Board of Review (Taxation)

Cable Television

City Plan Commission

Historic Preservation

Park & Recreation Board

Library Board

Librarian

Youth Department Circulation

Reference

CITY OF WAUPACA, WISCONSIN

January 2020

Patrol

Captain

Administrative Assistant

Building Maintenance

City Clerk

Info/Technology/ Communications

Waupaca Online

2021 BUDGET WORKSHEETREVENUES - EXPENDITURES

11/13/2020

-

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

2014 2015 2016 2017 2018 2019 2020 2021

GENERAL FUND EXPENDITURES

GENERAL GOVERNMENT PUBLIC SAFETY PUBLIC WORKS HEALTH & HUMAN SERVICES

LIBRARY PARKS & RECREATION COMMUNITY DEVELOPMENT

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

2014 2015 2016 2017 2018 2019 2020 2021

GENERAL FUND REVENUES

TAXES INTERGOVERNMENTAL REVENUES LICENSES & PERMITS

FINES & FORFEITURES PUBLIC CHARGES FOR SERVICES INTERGOVERNMENTAL CHARGES

MISCELLANEOUS REVENUE OTHER SOURCES (USES)

2021 BUDGET WORKSHEETGENERAL FUND SUMMARY

11/13/2020 GEN FUND SUMMARY

Actual Actual Actual Actual Estimate Budget Budget IncreasePrior Year Prior Year Prior Year Current YTD YTD Amended Request Increase (Decrease)

Category 2017 2018 2019 12/31/2020 2020 2021 (Decrease) %TAXES 3,511,861 3,364,401 3,381,720 3,325,639 3,325,639 3,345,872 3,381,992 36,120 1.08%INTERGOVERNMENTAL REVENUES 1,487,834 1,531,856 1,480,658 773,561 1,503,410 1,560,539 1,572,029 11,490 0.74%LICENSES & PERMITS 165,176 274,831 300,649 319,005 267,764 180,833 173,692 (7,141) (3.95%)FINES & FORFEITURES 72,898 74,109 72,054 46,902 65,168 76,000 76,000 - 0.00%PUBLIC CHARGES FOR SERVICES 222,922 206,027 205,797 72,304 191,890 119,500 114,500 (5,000) (4.18%)INTERGOVERNMENTAL CHARGES 191,501 215,883 219,926 112,387 256,722 138,304 136,253 (2,051) (1.48%)MISCELLANEOUS REVENUE 146,685 207,741 238,310 93,699 112,074 121,805 62,305 (59,500) (48.85%)OTHER SOURCES 650,348 739,052 1,126,021 30,320 1,195,795 1,202,130 1,202,130 - 0.00%TOTAL REVENUES 6,449,225 6,613,899 7,025,136 4,773,816 6,918,462 6,744,983 6,718,901 (26,082) (0.39%)

MAYOR-COUNCIL 64,217 40,676 40,276 54,111 72,590 74,166 79,997 5,831 7.86%ADMINISTRATION - - - 131,216 137,568 139,568 2,000 100.00%CLERK-ELECTIONS 222,907 229,588 300,836 128,099 182,378 131,471 184,416 52,945 40.27%IT-COMMUNICATIONS 101,189 84,488 112,327 82,828 119,416 119,686 130,220 10,534 8.80%FINANCE DEPARTMENT 182,538 158,517 260,983 190,773 163,175 260,103 186,264 (73,839) (28.39%)LEGAL SERVICES 37,710 33,125 14,746 21,002 25,500 37,000 37,000 - 0.00%COMMUNITY DEVELOPMENT 267,021 264,101 294,740 254,225 322,661 309,232 310,325 1,093 0.35%CITY HALL/LIBRARY BUILDING 151,230 133,160 134,785 111,912 137,417 140,168 141,436 1,268 0.90%OTHER GENERAL GOVERNMENT 152,468 134,395 162,665 128,035 274,256 156,065 160,786 4,721 3.03%HUMANE SOCIETY - CEMETERY 49,232 72,045 77,313 57,671 82,533 84,919 86,090 1,171 1.38%POLICE STATION 70,811 65,998 75,061 60,432 65,535 64,957 65,738 781 1.20%POLICE DEPARTMENT 1,526,389 1,570,855 1,576,364 1,377,720 1,702,089 1,702,215 1,770,217 68,002 3.99%FIRE-EMS DEPARTMENT 158,504 150,911 190,552 150,911 190,552 197,017 234,503 37,486 19.03%PUBLIC WORKS 1,035,952 937,265 1,090,402 805,028 1,139,586 1,195,339 1,208,965 13,626 1.14%RECREATION ADMIN & PROGRAMS 394,081 368,942 383,023 207,391 178,457 195,621 198,230 2,609 1.33%RECREATION & YOUTH CENTERS 155,901 157,772 165,159 72,897 116,987 117,554 117,213 (341) (0.29%)PARKS & BEACHES 284,332 284,025 282,604 210,901 236,911 257,784 259,722 1,938 0.75%HISTORICAL SOC-CIVIC PROMO 23,752 25,455 10,277 23,917 39,008 26,540 26,540 - 0.00%OTHER USES - TRANSFERS TO OTHER FUNDS 1,740,370 1,563,992 1,609,508 1,505,169 1,556,330 1,581,911 1,612,161 30,250 1.91%CONTINGENCY 371,820 345,000 (26,820) (7.21%)TOTAL EXPENDITURES 6,618,604 6,275,310 6,781,621 5,443,022 6,736,597 7,161,136 7,294,391 133,255 1.86%

REVENUES OVER(UNDER) EXPENDITURES 157,665 338,588 243,515 181,864 (416,153) (575,490)

BEGINNING FUND BALANCE 1,475,593 1,633,258 1,971,846 1,971,846 1,464,579 2,153,710 % fund bal to Expend

ENDING FUND BALANCE 1,633,258 1,971,846 2,215,361 2,153,710 1,048,426 1,185,994 16.26%

2021 BUDGET WORKSHEETEXPENDITURE RESTRAINT PROGRAM

11/13/2020

2020 2021 %Amended Adopted Increase Increase

Account Description Budget Budget (Decrease) (Decrease)

MAYOR-COUNCIL 74,166 79,997 5,831 7.86%ADMINISTRATION 137,568 139,568 2,000 100.00%CLERK-ELECTIONS 131,471 184,416 52,945 40.27%IT-COMMUNICATIONS 119,686 130,220 10,534 8.80%FINANCE DEPARTMENT 260,103 186,264 (73,839) (28.39%)COMMUNITY DEVELOPMENT 309,232 310,325 1,093 0.35%LEGAL SERVICES 37,000 37,000 0 0.00%OTHER GENERAL GOVERNMENT 156,065 160,786 4,721 3.03%CITY HALL/LIBRARY BUILDING 140,168 141,436 1,268 0.90%POLICE STATION 64,957 65,738 781 1.20%POLICE DEPARTMENT 1,702,215 1,770,217 68,002 3.99%FIRE-EMS DEPARTMENT 197,017 234,503 37,486 19.03%PUBLIC WORKS 1,195,339 1,208,965 13,626 1.14%HUMANE SOCIETY - CEMETERY 84,919 86,090 1,171 1.38%SENIOR PROGRAMS 117,554 117,213 (341) (0.29%)PARKS & BEACHES 257,784 259,722 1,938 0.75%RECREATION ADMIN & PROGRAMS 195,621 198,230 2,609 1.33%HISTORICAL SOC-CIVIC PROMO 26,540 26,540 0 0.00%TRSF TO OTHER FUNDS-NO DEBT SERVICE 511,877 542,127 30,250 5.91%CONTINGENCY 371,820 345,000 (26,820) (7.21%)SUB-TOTAL 6,091,102 6,224,357 133,255 2.2%TRSF TO DEBT SERVICE 1,070,034 1,070,034 0 0.00%TOTAL EXPENDITURES 7,161,136 7,294,391 133,255 1.86%

REVENUES OVER(UNDER)EXPENDITURES (480,557) (575,490)

BEGINNING FUND BALANCE 1,958,133 1,477,576

ENDING FUND BALANCE 1,477,576 902,087

2021 BUDGET WORKSHEETHOTEL/MOTEL TAX FUND

Actual Actual Actual 12/31/2020 Budget Budget Increase IncreasePrior Year Prior Year Prior Year Current YTD YTD Amended Request (Decrease) (Decrease)

Account Description 2017 2018 2019 Actual Estimated 2020 2021 Budget %‐

TAXES 251,534 259,923 271,268 119,992 263,000 263,000 263,000 ‐ 0.00%MISCELLANEOUS ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 0.00%

‐ TOTAL REVENUES 251,534 259,923 271,268 119,992 263,000 263,000 263,000 ‐ 0.00%

‐ HOTEL/MOTEL TAX 176,074 210,690 240,364 46,305 188,800 184,100 184,100 ‐ 0.00%TRANSFERS TO OTHER FUNDS 75,460 77,915 75,946 30,320 80,000 78,900 78,900 ‐ 0.00%

‐ TOTAL EXPENDITURES 251,534 288,605 316,309 76,625 268,800 263,000 263,000 ‐ 0.00%

EXCESS REVENUES OVER (UNDER) EXPENDITURES ‐ (28,682) (45,041) 43,366 (5,800) ‐ ‐

BEGINNING FUND BALANCE 115,479 115,479 86,797 212,200 115,479 115,479 109,679

ENDING FUND BALANCE 115,479 86,797 41,756 255,567 109,679 115,479 109,679

11/13/2020 HOTEL‐MOTEL TAX SUMMARY

2021 BUDGET WORKSHEETAIRPORT FUND


Account Description 2017 2018 2019 Actual Estimated 2020 2021 Budget %REVENUESINTERGOVERNMENTAL 30,000 TAXES 60,000 60,000 60,000 60,000 66,008 60,000 83,750 23,750 39.58%PUBLIC CHARGES FOR SERVICES 84,514 88,888 105,539 61,652 75,503 100,000 104,250 4,250 4.25%MISCELLANEOUS 33,043 34,433 27,551 20,304 25,625 25,000 25,000 ‐ 0.00%

TOTAL REVENUES 177,556 183,321 193,090 141,955 197,136 185,000 213,000 28,000 15.14%

EXPENDITURESMUNICIPAL AIRPORT 202,675 229,415 262,470 148,635 191,128 235,600 213,000 (22,600) (9.59%)

TOTAL EXPENDITURES 202,675 229,415 262,470 148,635 191,128 235,600 213,000 (22,600) (9.59%)

REVENUES OVER (UNDER) EXPENDITURES (25,118) (46,094) (69,380) (6,680) 6,008 (50,600) ‐

BEGINNING FUND BALANCE 134,582 109,463 63,369 (6,011) 63,369 0

ENDING FUND BALANCE 109,463 63,369 (6,011) 0 12,769 0 UNSPENDABLE FUND BALANCE 29,452 29,453 35,000 23,992 30,000 23,992 RESTRICTED FUND BALANCE 80,011 33,916 (41,011) (23,992) (17,231) (23,992)

RATIO: FUND BALANCE ‐ EXPENDITURES 39.48% 14.78% ‐15.62% ‐12.55% ‐7.31% ‐11.26%

11/13/2020 AIRPORT FUND SUMMARY

2021 BUDGET WORKSHEETTRANSIT FUND

10/29/2020 TRANSIT FUND SUMMARY

Actual Actual Actual 12/31/2020 Budget Budget Increase IncreasePrior Year Prior Year Prior Year Current YTD YTD Current Request (Decrease) (Decrease)

Account Description 2017 2018 2019 Actual Estimated 2020 2021 Budget %

TAXES 9,000 10,000 195,821 10,000 10,000 10,000 10,000 - 0.00%INTERGOVERNMENTAL REVENUES 321,146 272,044 376,004 78,354 451,068 399,000 391,342 (7,658) (1.92%)MISCELLANEOUS REVENUES 147,582 161,685 195,727 99,431 151,850 164,600 159,100 (5,500) (3.34%)TOTAL REVENUES 477,729 443,729 767,552 187,785 612,918 573,600 560,442 (13,158) (2.29%)

- TRANSIT 491,907 487,759 603,391 441,617 612,918 521,600 560,442 38,842 7.45%TOTAL EXPENDITURES 491,907 487,759 603,391 441,617 612,918 521,600 560,442 38,842 7.45%

REVENUES OVER (UNDER) EXPENDITURES (14,178) (44,030) 164,161 (253,832) (0) 52,000 (0)

BEGINNING FUND BALANCE (105,953) (120,131) (164,161) (0) (0) (0)

ENDING FUND BALANCE (120,131) (164,161) (0) (0) 52,000 (0)

2021 BUDGET WORKSHEETINLAND LAKES DISTRICT



TAXES ‐ ‐ ‐ 6,720 10,000 10,000 10,000 ‐ 0.00%INTERGOVERNMENTAL REVENUES ‐ ‐ ‐ 14,447 14,447 19,054 ‐ (19,054) 0.00%MISCELLANEOUS REVENUES ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 0.00%TOTAL REVENUES ‐ ‐ ‐ 14,447 24,447 29,054 10,000 (19,054) 0.00%

INLAND LAKES 3,408 1,714 2,377 9,559 22,624 27,965 600 (27,365) (97.85%)TOTAL EXPENDITURES 3,408 1,714 2,377 9,559 22,624 27,965 600 (27,365) (97.85%)

REVENUES OVER (UNDER) EXPENDITUR (3,408) (1,714) (2,377) 4,889 1,823 1,089 9,400

BEGINNING FUND BALANCE 8,356 4,948 3,234 857 857 2,680

ENDING FUND BALANCE 4,948 3,234 857 2,680 1,946 12,080

11/13/2020 INLAND LAKES DISTRICT

2021 BUDGET WORKSHEETLIBRARY FUND


Account Description 2017 2018 2019 Actual Estimated 2020 2021 Budget %REVENUESINTERGOVERNMENTAL 376,491 370,779 394,509 397,275 397,275 387,574 403,371 15,797 4.08%PUBLIC CHARGES FOR SERVICE 19,417 18,288 20,181 4,997 4,997 16,600 7,600 (9,000) (54.22%)MISCELLANEOUS 449,373 425,184 382,362 356,430 367,539 382,154 386,654 4,500 1.18%

TOTAL REVENUES 845,280 814,251 797,052 758,702 769,811 786,328 797,625 11,297 1.44%

EXPENDITURESLIBRARY FULL‐TIME 446,949 380,849 436,634 372,316 433,325 469,534 480,938 11,404 2.43%LIBRARY: PART‐TIME 173,983 179,385 153,993 101,057 119,288 138,596 154,599 16,003 11.55%LIBRARY: OPERATING EXPENSES 68,379 107,435 98,050 47,855 52,757 71,680 67,789 (3,891) (5.43%)LIBRARY: DONATION EXPENSES 78,712 54,683 28,816 20,253 25,854 36,500 36,500 ‐ 0.00%LIBRARY: PROGRAMS 7,813 5,795 7,413 2,427 4,000 5,500 5,500 ‐ 0.00%LIBRARY: BOOKS 59,307 54,538 61,933 24,801 35,350 46,003 48,005 2,002 4.35%LIBRARY: A/V 19,299 16,772 17,505 8,145 17,725 18,222 16,667 (1,555) (8.53%)

TOTAL EXPENDITURES 854,442 799,457 804,343 576,854 688,299 786,035 809,998 23,963 3.05%

REVENUES OVER(UNDER) EXPENDITURES (9,161) 14,794 (7,291) 181,848 81,512 293 (12,373) BEGINNING FUND BALANCE 31,086 21,925 36,719 29,428 29,428 110,940 ENDING FUND BALANCE 21,925 36,719 29,428 110,940 29,721 98,567

11/13/2020 LIBRARY FUND SUMMARY

2020 BUDGET WORKSHEETADULT RECREATION PROGRAM FUND



PUBLIC CHARGES FOR SERVICES 19,143 16,735 17,506 4,412 4,412 18,000 18,000 ‐ 0.00%MISCELLANEOUS REVENUE ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 0.00%TOTAL REVENUES 19,143 16,735 17,506 4,412 4,412 18,000 18,000 ‐ 0.00%

ADULT VOLLEYBALL 5,028 4,985 5,341 794 794 5,300 5,300 ‐ 0.00%ADULT BASKETBALL 4,744 3,347 2,554 2,598 2,598 3,977 3,977 ‐ 0.00%ADULT SOFTBALL 8,508 4,714 4,733 1,030 1,030 8,500 8,500 ‐ 0.00%ADULT KICKBALL 688 756 30 ‐ ‐ 1,000 1,000 ‐ 0.00%ADULT TENNIS/OTHER 955 467 5,642 ‐ ‐ 2,250 2,250 CAPITAL OUTLAY PARKS: SWAN PARK ‐ 2,980 ‐ ‐ ‐ ‐ ‐ ‐ 100.00%TRANSFERS OUT: GENERAL FUND ‐ 2,800 2,800 ‐ ‐ 2,800 2,800 ‐ 100.00%ADULT PROGRAMS 19,923 20,048 21,100 4,422 4,422 23,827 23,827 ‐ 0.00%

TOTAL EXPENDITURES 19,923 20,048 21,100 4,422 4,422 23,827 23,827 ‐ 0.00%

REVENUES OVER (UNDER) EXPENDITURES (781) (3,313) (3,593) (10) (10) (5,827) (5,827)

BEGINNING FUND BALANCE 32,369 31,588 28,275 28,275 28,275 28,265 ENDING FUND BALANCE 31,588 28,275 24,682 28,265 22,448 22,438

11/13/2020 ADULT REC PROG SUMMARY

2021 BUDGET WORKSHEETYOUTH PROGRAM FUND

12/31/2020 Budget Budget Increase IncreaseCurrent YTD YTD Amended Request (Decrease) (Decrease)

Account Description Actual Estimated 2020 2021 Budget %REVENUESTAXES 25,581 102,323 102,323 102,323 ‐ 0.00%INTERGOVERNMENTAL CHARGES FOR SERVICE 66,080 137,149 137,149 137,149 ‐ 0.00%PUBLIC CHARGES FOR SERVICES 7,343 8,199 29,400 29,400 ‐ 0.00%MISCELLANEOUS 500 ‐ ‐ ‐ ‐ 0.00%

TOTAL REVENUES 99,504 247,671 268,872 268,872 ‐ 0.00%

EXPENDITURESYOUTH PROGRAMS 26,551 50,849 50,908 49,416 (1,492) (2.93%)YOUTH CENTER 15,411 35,573 62,577 64,069 1,492 2.38%RECREATION ADMINISTRATION ‐ 90,647 90,647 90,647 0 0.00%BEACHES 985 19,193 19,899 19,899 ‐ 0.00%PARKS 3,976 7,343 44,841 44,841 ‐ 0.00%

TOTAL EXPENDITURES 46,923 203,604 268,872 268,872 0 0.00%

REVENUES OVER (UNDER) EXPENDITURES 52,580 44,067 ‐ (0)

BEGINNING FUND BALANCE ‐ ‐ 44,067

ENDING FUND BALANCE 44,067 ‐ 44,067

11/13/2020 YOUTH PROG FUND SUMMARY

2021 BUDGET WORKSHEETDEBT SERVICE FUND



TRANSFER IN: GEN FUND 1,309,438 1,155,569 1,092,194 1,070,034 1,074,034 1,070,034 1,070,034 ‐ 0.00%TRANSFER IN: TIF #3,5,6,7 3,376 ‐ ‐ ‐ 320,320 DEBT PROCEEDS ‐ 1,744,836 43,848 ‐ ‐ ‐ ‐ ‐ 0.00%TOTAL REVENUES 1,312,814 2,900,405 1,136,042 1,070,034 1,074,034 1,070,034 1,390,354 320,320 29.94%

PRINCIPAL 978,895 2,641,348 834,028 804,586 1,165,586 1,165,586 1,031,834 (133,752) ‐11.48%INTEREST 117,551 113,567 210,043 73,797 211,230 181,561 338,090 156,529 86.21%TRANSFERS & MISC CHARGES 68,568 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 0.00%TOTAL EXPENDITURES 1,165,014 2,754,916 1,044,070 878,383 1,376,816 1,347,147 1,369,924 22,777 1.69%

EXCESS REVENUES OVER (UNDER)EXPENDITURES 147,800 145,489 91,972 (302,782) (277,113) 20,430

BEGINNING FUND BALANCE 337,342 485,142 630,631 722,603 630,631 419,821

ENDING FUND BALANCE 485,142 630,631 722,603 419,821 353,518 440,251

11/13/2020 DEBT SERVICE SUMMARY

2021 TAX INCREMENTAL FINANCING (TIF) DISTRICT REVIEW

• OUTSTANDING DEBT CHART 2021 BUDGET • PROJECTION OF ALL TIF FUNDS • TIF #3 – BUSINESS PARK

o MAP OF DISTRICT o HIGHLIGHTS FOR 2021 o BUDGET PROJECTION

• TIF #4 – WESTERN AVENUE o MAP OF DISTRICT o HIGHLIGHTS FOR 2021 o BUDGET PROJECTION

• TIF #6 – W FULTON AVE (FOXFIRE) o MAP OF DISTRICT o HIGHLIGHTS FOR 2021 o BUDGET PROJECTION

• TIF #8 – EAST GATEWAY o MAP OF DISTRICT o HIGHLIGHTS FOR 2021 o BUDGET PROJECTION

• TIF #9 – ROYALTON STREET o MAP OF DISTRICT o HIGHLIGHTS FOR 2021 o BUDGET PROJECTION

• TIF #10 – BADGER STREET o MAP OF DISTRICT o HIGHLIGHTS FOR 2021 o BUDGET PROJECTION

• FUTURE CONSIDERATION o PREPAYMENT TIF #3 2021 o CLOSURE OF TIF #9, #3 & #6

‐

1,000,000.00

2,000,000.00

3,000,000.00

4,000,000.00

5,000,000.00

6,000,000.00

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

OUTSTANDING TIF DEBT

TIF #3 TIF #4 TIF #8 TIF #10

‐

200,000.00

400,000.00

600,000.00

800,000.00

1,000,000.00

1,200,000.00

201920202021202220232024202520262027202820292030

ANNUAL DEBT SERVICE


‐

1,000,000.00

2,000,000.00

3,000,000.00

4,000,000.00

5,000,000.00

6,000,000.00

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

OUTSTANDING TIF DEBT


TID #3 – BUSINESS PARK

2021 BUDGET PROJECTION WORKSHEETTIF DISTRICTS #3 - #10 FUNDS

11/4/2020 TIF #3

Actual Actual 12/31/2020 Budget Budget Budget BudgetPrior Year Prior Year YTD Amended Request Projection Projection

Acct No Account Description 2018 2019 Actual Estimated 2020 2021 2022 2023REVENUES

TAXES 322,688 354,097 378,012 402,177 402,177 411,476 411,476 411,476 INTERGOVERNMENTAL 809 3,329 9,399 9,399 700 9,399 9,399 9,399 MISCELLANEOUS 32,395 - - - - - - - OTHER FINANCING SOURCES 1,109,049 262,721 - 137,770 194,501 153,172 326,720 -

TOTAL REVENUES 1,464,941 620,147 387,411 549,346 597,378 574,047 747,595 420,875

EXPENDITURESCONSERVATION & DEVELOPMENT 4,853 12,328 496 1,000 15,000 5,000 15,000 5,000 CAPITAL OUTLAY 57,744 16,256 15,795 29,987 69,028 64,020 64,020 255,563 DEBT SERVICE 1,365,336 553,760 478,425 481,350 476,350 468,027 335,622 - OTHER FINANCING USES 37,009 37,804 - 37,009 37,000 37,000 - -

TOTAL EXPENDITURES 1,464,942 620,147 494,716 549,346 597,378 574,047 414,642 260,563

EXCESS REVENUES OVER (UNDER)EXPENDITURES (0) - (107,305) 0 - 0 332,953 160,312

BEGINNING FUND BALANCE - (0) - (0) (0) 0 0

ENDING FUND BALANCE (0) (0) 0 (0) 0 332,953 160,312

TID #4 – WESTERN AVENUE


11/4/2020 TIF #4

Actual Actual Actual Budget Budget Budget Budget Budget Budget BudgetPrior Year Prior Year YTD 12/31/2020 Request Request Projection Projection Projection Projection Projection

Acct No Account Description 2018 2019 Current Estimated 2020 2021 2022 2023 2024 2025 2026REVENUES

TAXES 712,414 724,721 660,700 712,776 712,776 702,724 694,860 694,860 694,860 694,860 694,860 INTERGOVERNMENTAL 4,437 10,065 5,882 5,882 4,373 5,882 5,882 5,882 5,882 5,882 5,882 MISCELLANEOUS 360,000 - - - - - - - - - -

TOTAL REVENUES 1,076,851 734,786 666,582 718,658 717,149 708,606 700,742 700,742 700,742 700,742 700,742

EXPENDITURESCONSERVATION & DEVELOPMENT 17,794 16,093 18,761 20,913 17,913 5,500 5,500 5,500 5,500 5,500 5,500 DEBT SERVICE 573,365 130,745 129,483 131,660 131,660 131,660 98,981 72,345 70,802 - - OTHER FINANCING USES 380,729 161,098 - 122,409 122,409 808,302 676,163 302,031 302,706 1,422,931 947,207

TOTAL EXPENDITURES 971,888 307,937 148,244 274,982 271,982 945,462 780,644 379,876 379,008 1,428,431 952,707

EXCESS REVENUES OVER (UNDER)EXPENDITURES 104,963 426,849 518,338 443,676 445,167 (236,856) (79,902) 320,866 321,734 (727,689) (251,965)

BEGINNING FUND BALANCE 140,004 244,967 244,967 671,817 688,643 451,787 371,885 692,751 1,014,485 286,796

ENDING FUND BALANCE 244,967 671,817 688,643 1,116,983 451,787 371,885 692,751 1,014,485 286,796 34,831

TID #6 – W FULTON


11/4/2020 TIF #6

Actual Actual 12/31/2020 Budget Budget Budget BudgetPrior Year Prior Year YTD Request Request Projection Projection

Acct No Account Description 2018 2019 Actual Estimated 2020 2021 2022 2023REVENUES

TAXES 670,864 629,585 584,179 619,208 619,208 - 589,086 589,086 INTERGOVERNMENTAL 930 6,151 4,243 4,243 1,000 4,243 1,000 1,000 MISCELLANEOUS 40,020 - - - - - - - OTHER FINANCING SOURCES - - - - - - -

TOTAL REVENUES 711,814 635,735 588,422 623,451 620,208 4,243 590,086 590,086 EXPENDITURES

CONSERVATION & DEVELOPMENT 1,118 2,230 18,469 55,000 5,000 5,000 - - DEBT SERVICE 56,116 - - - - - - - OTHER FINANCING USES 587,160 334,619 - 153,210 209,941 489,251 662,160 -

TOTAL EXPENDITURES 644,393 336,849 18,469 208,210 214,941 494,251 662,160 -

EXCESS REVENUES OVER (UNDER)EXPENDITURES 67,421 298,886 415,241 405,267 (490,008) (72,074) 590,086

BEGINNING FUND BALANCE 0 67,421 366,307 67,421 781,548 291,540 219,466

ENDING FUND BALANCE 67,421 366,307 781,548 472,688 291,540 219,466 809,552

TID #8 – EAST GATEWAY


11/4/2020 TIF #8

Actual Actual YTD 12/31/2020 Budget Budget Budget Budget Budget Budget BudgetPrior Year Prior Year Request Request Projection Projection Projection Projection Projection

Acct No Account Description 2018 2019 Actual Estimated 2020 2021 2022 2023 2024 2025 2026REVENUES

TAXES 146,227 156,482 159,162 169,317 169,317 251,205 251,205 251,205 251,205 251,205 251,205 INTERGOVERNMENTAL 3,296 4,509 4,255 4,255 3,248 4,255 3,248 3,248 3,248 3,248 3,248 MISCELLANEOUS 50,000 50,000 - - - - - - - - - OTHER FINANCING SOURCES 1,077,479 235,547 - 107,777 114,159 298,052 165,913 291,781 292,456 1,412,681 936,957

TOTAL REVENUES 1,277,001 446,537 163,417 281,349 286,724 553,512 420,366 546,234 546,909 1,667,134 1,191,410

EXPENDITURESCONSERVATION & DEVELOPMENT 8,411 1,735 266 - 5,250 5,250 2,500 2,500 2,500 2,500 2,500 CAPITAL OUTLAY 244,232 82,571 - - - - - - - - - DEBT SERVICE 978,070 280,223 237,740 281,349 281,474 548,262 417,866 543,734 544,409 1,664,634 1,188,910

TOTAL EXPENDITURES 1,230,713 364,528 238,006 281,349 286,724 553,512 420,366 546,234 546,909 1,667,134 1,191,410

EXCESS REVENUES OVER (UNDER)EXPENDITURES 46,288 82,009 (74,588) - - - - - - - -

BEGINNING FUND BALANCE (128,297) (82,009) (0) (0) (0) (0) (0) (0) (0) (0)

ENDING FUND BALANCE (82,009) (0) (0) (0) (0) (0) (0) (0) (0) (0)

TID #9 – ROYALTON STREET


11/4/2020 TIF #9

Actual Actual Actual 12/31/2020 Budget BudgetPrior Year Prior Year Prior Year YTD Request Request

Acct No Account Description 2017 2018 2019 Actual Estimated 2020 2021REVENUES

TAXES - - - - - - INTERGOVERNMENTAL 1,662 1,686 1,727 1,727 1,727 1,662 1,662 OTHER FINANCING SOURCES 12,776 54,860 - - - - -

TOTAL REVENUES 14,438 56,546 1,727 1,727 1,727 1,662 1,662

EXPENDITURESCONSERVATION & DEVELOPMENT 775 1,088 1,650 150 775 1,162 1,162 OTHER FINANCING USES - 1,000 - 43,073 139,256 500 128,426

TOTAL EXPENDITURES 775 2,088 1,650 43,223 140,031 1,662 129,588

EXCESS REVENUES OVER (UNDER)EXPENDITURES 13,663 54,459 77 (41,496) (138,304) - (127,926)

BEGINNING FUND BALANCE 198,108 211,771 266,230 266,307 266,230 127,926 127,926 . .

ENDING FUND BALANCE 211,771 266,230 266,307 224,811 127,926 127,926 (0)

TID #10 – BADGER STREET


11/4/2020 TIF #10

Actual Actual 12/31/2020 Budget Budget Budget Budget BudgetPrior Year Prior Year YTD Amended Request Projection Projection Projection

Acct No Account Description 2018 2019 Actual Estimated 2020 2021 2022 2023 2024REVENUES

TAXES 87,036 87,390 73,104 77,752 77,752 77,752 77,752 77,752 77,752 INTERGOVERNMENTAL 29 705 1,304 1,304 29 29 - - - MISCELLANEOUS - - - - - - - - - OTHER FINANCING SOURCES - - 43,073 138,369 - 627,926 500,000 - -

TOTAL REVENUES 87,065 88,095 117,481 217,425 77,781 705,707 577,752 77,752 77,752

EXPENDITURESCONSERVATION & DEVELOPMENT 6,380 3,624 7,327 8,500 5,000 505,000 500,000 - - DEBT SERVICE 102,243 104,165 105,675 200,675 200,675 - - - - OTHER FINANCING USES 22,630 7,560 - 8,250 8,250 10,250 - - -

TOTAL EXPENDITURES 131,253 115,351 113,005 217,425 213,925 515,250 500,000 - -

EXCESS REVENUES OVER (UNDER)EXPENDITURES (44,188) (27,256) 4,476 - (136,144) 190,457 77,752 77,752 77,752

BEGINNING FUND BALANCE 66,969 22,781 (4,476) 0 (4,476) 0 190,457 268,209 345,961

ENDING FUND BALANCE 22,781 (4,476) 0 0 (140,620) 190,457 268,209 345,961 423,713

COW Agenda 11-17-20202021 Budget Levy InformationCity Organization Chart2021 General FundHotel/Motel FundAirport FundTransit FundInland Lakes DistrictLibrary FundAdult Rec Prog FundYouth Prog FundDebt Service FundTIF #3-#10 Funds

committee of the whole...2020/11/17 · terminated tid % applied to adjusted actual levy 0.000% -...

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