tax budget proposal for 2015

8/12/2019 Tax Budget Proposal for 2015

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Revised Collllty Auditor s Form No ud 622 Rev. 4-88Prepare in triplicate

Dayton Legal Blank, Inc., Form No 31006Form Prescribed by the Auditor of State

On or before July 20th two copies of this budget must be submitted to the County AuditorCity or

Village of Troy, Ohio

Miami County, Ohio(Date) June 20 ,2014-----------------------------

This Budget must be adopted by the Council or other legislative body on or before July 15th, and two copies must be submitted to the County Auditoron or before July 20th. FAILURE TO COMPLY WITH SEC. 5705 .28 R.C. SHALL RESULT IN LOSS OF LOCAL GOVERNMENT FUNDALLOCATION.

To the Auditor of said County:The following Budget year beginning January 1 2015, has been adopted by Council and is herewith submitted for consideration ofthe CountyBudget Commission.

Signed---------------------------------------------Title City Auditor

SCHEDULE ASUMMARY OF AMOUNTS REQUIRED FROM GENERAL PROPERTY TAX APPROVED BY BUDGET COMMISSION,

AND COUNTY AUDITOR S ESTIMATED RATES

For Municipal Use For Budget Commission Use For County AuditorBudget year Budget Year

Amount Amount Approved Budget Year County Auditor s estimate ofFUN Requested of by Budget Amount to be Tax Rate to be Levied

(Include only those funds which are Budget Commission Derived From Inside 10 Mill Outside 10 Millrequesting general property tax revenue) Commission Inside/ Inside 10 Mill Levies Outside Limit Budget Limit Budget

Outside Limitation 10 Mill Limitation Year YearColumn 1 Column 2 Column 3 Column 4 Column 5

GOVERNMENT FUNDS xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxxGENERAL FUND 1,385,951SPECIAL REVENUE FUND

MIA1v1I CONSERVANCY 35,997

PROPRIETARY FUNDS xxxxxxxx xxxxxxxx XXX XXXXX xxxxxxxx XXXXXX XX


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xhibit I

City ofTroyGeneral Fund Tax Budget- 2015

Actual Actual Estimated Estimated2012 2013 2014 2015Revenues

Local TaxesGeneral Property Tax--Real Estate 1,089,745 1,106,456 1,099,365 1,110,359

Police Pension 109,151 104,818 98,615 99,601Fire Pension 109,151 104,818 98,615 99,601

Tangible Personal Property Tax 278 44 0Police Pension 41,858 40,197 37,817 38,196Fire Pension 41,858 40,197 37,817 38,196

Municipal Income TaxOther Local Taxes 217,648 293,298 215,000 219,300Total Local Taxes I 609,688 I 689,828 I 587,229 I ,605,251Intergovernmental Revenues

State Levied SharedLocal Government Fund LGRAF 702,174 532,636 541,457 541,457Estate Tax 172,668 226,318 0 0Cigarette Tax 987 1,267 1,000 0License Tax 24,093 315 0 0Liquor and Beer Permits 33,055 35,758 33,000 33,660Gasoline TaxLocal Government Fund - State 129,351 105,421 97,000 97,000Rollback Homestead 164,968 166,056 166,445 169,774Other State Levied Shared

Total State Levied Shared 1,227,297 1,067,771 838,902 841,891Federal Grants or Aid 0 6,202 0 0State Grants or Aid 61,035 66,892 0 0Other Grants or Aid 5 0 0 0

Total Intergovernmental Revenue I ,288,337 I, 140,865 838,902 841,891Special Assessments 1,866 2,547 0 2,147Charges for Service 2,912,624 2,979,544 2,892,500 2,921,425Fines, Licenses and Permits 65,596 56,714 54,400 55,488Miscellaneous 447,273 825,645 279,290 284,876

Other Financing SourcesProceeds from Sale of DebtTransfers 15,371,493 16,361 '164 16,260,560 12,861,060AdvancesOther Sources 613,949 474,082 474,200 483,684


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xhibit I

City of royGeneral Fund Tax Budget- 2015

Actual Actual Estimated Estimated2012 2013 2014 2015

ExpendituresSecurity of Persons and Property

Personal Services 8,509,291 9,085,791 9,348,462 9,628,916Travel TransportationContractual Services 566,582 584,809 709,832 738,225Supplies and Materials 329,270 344,166 343,301 357,033Capital Outlay 75,708 810,761 290,150 301,756

Total Security ofPersons and Propetiy 9,480,851 10,825,526 10,691 ,745 ,025,930Public Health Services

Personal ServicesTravel TransportationContractual Services 313,096 341,259 346,282 351,305Supplies and MaterialsCapital Outlay

Total Public Health Services 313,096 341,259 346,282 351,305

Leisure Time ActivitiesPersonal Services 850,241 809,533 852,326 877,896Travel TransportationContractual Services 292,310 329,506 350,663 364,689Supplies and Materials 94,083 104,969 112,183 116,670Capital Outlay 54,311 46,718 4,955 5,153

Total Leisure Time Activities 1,290,945 1,290,726 I 320,126 I 364,408Community Environment

Personal Services 210,139 221,936 230,464 237,378Travel TransportationContractual Services 161,661 155,070 16 ,500 166,920Supplies and Materials 1,968 665 900 936Capital Outlay I 376 1,205 0 0

Total Community Environment 375,144 378,876 391,864 405,234Basic Utility Serviecs

Personal Services 206,776 209,167 215,026 221,477Travel TransportationContractual Services 788,924 822,706 904,723 940,911Supplies and Materials 61,398 61,860 40,500 42,120Capital Outlay 0 0 219,128 227,893

Total Ba sic Utility Services I 057,098 1,093,733 I 379,377 I 432,40 ITranspotiation

Personal ServicesTravel Transpotiation


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xhibit I

City ofTroyGeneral Fund Tax Budget- 2015

Actual Actual Estimated Estimated2012 2013 2014 2015General Government

Personal Services I ,918,535 I ,859,889 1,998,291 2,058,240Travel TransportationContractual Services 1,201,730 I ,390,255 1,513,916 I ,574,473Supplies and Materials 135,592 142,542 163,696 170,243Capital Outlay ,935 60,347 136,713 142,182

Total General Government 3,274,792 3,453,034 3,812,616 3,945,138Debt Service

Redemption of PrincipalInterestOther Debt Service

Total Debt Service 0 0 0 0Other Uses of Funds

Transfers 3,333,118 4,642,482 3,154,500 3,350,000AdvancesContingenciesOther Uses 26,824 0 51,000 0

Total Other Uses of Funds 3,359,942 4,642,482 3,205,500 3,350,000Total Expenditures 19,151,868 22,025,637 21,147,510 21,874,416Revenues over/(under) Expenditures 3,158,956 1,504,752 1,239,571 (2,818,594)Beginning Unencumbered Balance (Cash Balance) 5,945,933 9, I04,890 10,609,642 II ,849,213Ending Cash Fund Balan ce 9, I04,889 10,609,642 11,849,213 9,030,619Estimated Encumbrances (Outstanding at year end) 594,242 499,829 499,830 499,830Estimated ending Unencumbered Fund Balance 8,510,647 10,109,813 11,349,383 8,530,789


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EXHIBITFUND NAME: MIAMI CONSERVANCY DISTRICT FUND

FUND TYPE CLASSIFICATION: SPECIAL REVENUEReproduce as needed To be used for any fund receiving property tax revenue except the General Fund. ;.:ept the General Fund. ;.:ept the General Fund.

ICurrent Year Budget Year

2012 2013 Estimated for Estimated forDESCRIPTION Actual Actual 2014 2015

l) 2) 3) 4) 5)REVENUE xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxxGeneral Property Tax 31,286 - 32,077 32,398Tangible Personal Property 3,950 1,972 - -Property Tax Allocation 3,942 - 3,564 3,600

TOTAL REVENUE 39,178 1,972 35,641 35,997

EXPENDITURES xxxxxxxx xxxxxxxx XXX XXXXX xxxxxxxxIdentify each program and object code xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxx

at the same level shown on Exhibit I) xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxxPROGRAM) OBJECT) xxxxxxxx xxxxxxxx xxxxxxxx xxxxxxxx

Security ofPersons PropertyOther Security ofPersons Property 59,742 75,490 81,000 62,132


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xhibit

City of Troy Ohio Budget2015 Tax Budget Estima ted Budget Year Total Estimated

Unencumbered Year Estimated Available Budget Year Expenditures Encumbrances UnencumberedBalance Estimated Estimat ed Total for Personal Balance1/ 1/2015 Receipts Transfers-In Receipts ~ e n i t u r e Services Other Transfers-Out Total

707 HOBART ARENA 637485.34 I 666407.50 500 000.00 2166 407.50 2 803 892.84 379 749.67 2 128 076.60 0.00 2507 826.27 296066.57708 MUNICIPAL SWIMMING POOL 132 038.80 248 272.50 248 272.50 380 311 .30 124 789.65 35 033 .00 0.00 159 822.65 220 488.65709 STORMW ATER UTILITY 1279400.37 I172 955.00 1 172 955.00 2 452 355.37 661 729.68 542173.46 0 00 1203 903 .14 I 248 452.23710 WATER 5009 013.61 8 075 I01 .50 8 075 I 01.50 13 084 115 .11 1 645 354.96 5 706 565.87 0.00 7351 920.83 5 732 194.28711 SANITARY SEWER 4046859.87 5 888 380.80 5888 380.80 9935240.67 1 273397.24 43 74 721.28 0.00 5648 118.52 4287 122.15712 PARKINGMETER 42556.80 19271.00 25 000.00 44 271.00 86827.80 39 076.92 4 875.00 43 951.92 42875 .8871 3 MIAMI SHORES 83 0913 4 632 268.60 200 000.00 832 268.60 915 359.94 357 638.66 495 028 .30 0.00 852 666.96 62 692.98727 STADIUM 0 00

Total Enterprise Funds II 230 446.13 17 702 656.90 725 000.00 18 427 656.90 29 658103 .03 4 481 736.78 13 286 473 .51 17768 210.29 II 889 892.74820 IMPREST CASH 2 000.00 2 000.00 1 030.00 0.00 1 030.00 970.00842 INV FUND FOR CAP. IMPRV 33 051 625.40 280 000.00 280 000.00 33 331 625.40 0.00 210000.00 210000.00 ~ 6 2 5 4 0

Total Internal Service Funds 33 053 625.40 280 000.00 280 000.00 33 333 625.40 1 030.00 210 000.00 211 030.00 33 122595.40Total All Funds 65 621 061.72 42463 330.50 16 486 060.00 58 949 390.50 124 570452.22 18 781 725.30 23 669 293 .21 16 486060.00 58 937 078.51 65 633 373 .71

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EXHIBIT IVSTATEMENT OF PERMANENT IMPROVEMENTS

Do Not Include Expense to be Paid from Bond Issue)Section 5705.29. Revised Code)

DESCRIPTION

Sidewalk ProgramPaving ContractsStreetscape

Sewer Improvements

Water Line Improvements

McKaig Rd Improvements

IEstimated Cost mount to beof Permanent Budgeted DuringImprovement Current Year

250,000 250,000600,000 600,000400,000 400,000

100,000 100,000

200,000 200,000

950,000 950,000

N arne of Paying Fund

Capital Improvement FundCapital Improvement FundCapital Improvement Fund

Sewer Fund

Water Fund

OPWC


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EXHIBIT VIBUDGET YEAR IAuthority for Amounts of Bonds Amount Required Amount Receivable

PURPOSE OF BONDS Levy Outside Date Ordinance Serial Rate and Notes for Prinicipal from Other SourcesAND NOTES 10 Mill of Date Or or of Outstanding at and Interest to Meet Debt Payments

Limit* Issue Due Resolution Term Interest Beginning of Budgeted 1/1115 to 12/31115 111115 to 12/31115Year Jan, 1 2015

Payable from Bond Retirem ent Fd: xxxxxxxx xxxxx xxxxxxx xxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxxINSIDE 10 MILL LIMIT xxxxxxxx xxxxx xxxxxxx xxxxx xxxxxxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxxMEMORIAL STADIUM IMPROVEMENT 7/112002 12/1/2022 0-24-02 SERIAL 4.638 1,610 ,000 222 ,050ELM STREET IMPROVEMENT 6/1/2005 12/112024 0-26-04 SERIAL 4.399 380 ,593 42,509AQUATIC CENTER 6/112005 12/112024 0-24-04 SERIAL 4.399 2,737,647 281,846FIRE STATION 6/1/2005 12/1/2024 0-27-04 SERIAL 4.399 1,378,793 179,681CEMETERY BUILDING 6/112005 12/1/2024 0-24-04 SERIAL 4.399 268 ,100 32 507

TOTAL 6,375,133 758,593

OUTSIDE 10 MILL LIMIT: X X X X X xxxxx xxxxxxx xxxxx xxxxxxxxxxxxx i xxxxxxxxxxxxx

TOTAL

* lfthe levy is outside the 10 mill limit by vote enter words by voit and date ofthe election.If outisde the 10 mill limit without a vote, enter the reference to the statute under which the levy is exempt from the 10 mill limit

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tax budget proposal for 2015

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