town of carrboro fy 2015-2016 recommended budget may 5, 2015
TRANSCRIPT
Goals for FY 2015-2016 Town Budget
• Implement the Board’s strategic priorities
• Manage costs while improving services
• Develop a balanced budget with no property tax rate increase
Recommended BudgetFund Budget
General Fund $21,559,541
Special Revenue Fund $775,506
Capital Fund $7,065,382
Total All Funds $29,400,429
General Fund Revenue Budget
FY 2013/14Actual
FY 2014/15 Budget
FY 2015/16Recommended
Budget
Change ($)
Change (%)
Property Tax $11,792,234 $12,166,764 $12,315,470 $148,706 1.2%
Local Sales Tax $3,567,123 $3,371,537 $3,825,686 $454,149 13.5%
All Other Revenue
$4,739,018 $5,775,502 $5,418,385 ($357,117) (6.2%)
Total Revenues
$20,098,375 $21,313,803 $21,559,541 $245,738 1.2%
Property Tax Revenue
FY 2013/14 Actual
FY 2014/15 Budget
FY 2015/16Recommended
Budget
Change fromFY
2014/15 Budget
Change (%)
Assessed Valuation $2,088,514,087 $2,033,220,055 $2,109,399,228 $20,885,141 1.0%
Tax Rate $0.5894 $0.5894 $0.5894 $0.0000 0.0%
Revenue $11,792,234 $12,166,764 $12,315,470 $148,706 1.2%
Local Sales Tax Revenue
Fiscal Year Amount Dollar Change
Percent Change
FY 2009-10 Actual $3,039,932 ($97,904) (3.1%)
FY 2010-11 Actual $3,113,356 $73,424 2.4%
FY 2011-12 Actual $3,308,060 $194,704 6.3%
FY 2012-13Actual $3,427,678 $119,618 3.6%
FY 2013-14 Actual $3,567,123 $139,445 4.0%
FY 2014-15 Budget $3,371,537 ($195,586) (0.5%)
FY 2015-16 Budget $3,825,686 $454,149 13.5%
All Other Revenue Sources
FY 2013/14 Actual
FY 2014/15 Budget
FY 2015/16 Budget
Change ($)
Change (%)
Intergovernmental $1,757,458 $1,511,120 $1,523,243 $12,123 0.8%
Other Taxes & Licenses $1,316,876 $519,728 $879,378 $359,650 69.2%
Fees & Permits $1,249,319 $1,336,731 $1,233,402 ($103,329) (7.7%)
Other Financing Sources
$0 $2,006,196 $1,374,036 ($632,160) (31.5%)
All Other $415,365 $401,727 $408,326 $6,599 1.6%
Total – All Other Revenue Sources
$4,739,018 $5,775,502 $5,418,385 ($357,117) (6.2%)
Personnel
Department FY 2014-15 Positions
FY 2015-16 Positions Change
General Government 17.5 18.0 0.5Police 42.0 42.0 0
Fire & Rescue 37.0 37.0 0Planning 14.0 13.5 (.5)
Recreation & Parks 12.5 13.0 0.5Public Works 35.0 35.0 0
Total 158.0 158.5 0.5
2.0% COLA Cost ImpactAdditional Salary Cost $159,312
Additional Benefits Cost* $27,593
Total Cost $186,905
*FICA, Local Government Employee Retirement System, and Supplemental Retirement Program
Basis for COLA Recommendation
Fiscal Year Salary Adjustment CPIEmployee& Children
(Annual Cost)
Employee& Spouse (Annual
Cost)
Family(Annual
Cost)
2009-2010 None 4.3% $2,416.80 $3,088.08 $4,967.76
2010-2011 $455 Lump Sum 1.4% $2,731.20 $3,489.60 $5,613.84
2011-2012$750 - $1,250 Lump Sum 4.0% $2,953.80 $3,774.24 $6,071.76
2012-2013 3% COLA 3.2% $2,867.76 $3,664.32 $5,894.88
2013-2014 1.9% COLA 1.9% $2,867.76 $3,664.32 $5,894.88
2014-2015 2.0% COLA 1.9% $3,146.88 $4,021.20 $6,468.48
2015-2016 2.0% COLA 1.9% $3,779.86 $4,825.44 $7,762.18
Housing Wage Strategy• In FY 2014-15, 15 Positions < $31,158 Housing Wage
• Identified strategy would take seven of 15 to Housing Wage in
FY 2014-15
• Goal for FY 2014-15 has been accomplished; seven positions
combination of COLA & Merit have actual salary range between
between $31,288 and $33,009
• Recommend Final Implementation by FY 2016-17
FY 2015-16 Housing Wage Adjustment
Note: Employees receiving Housing Wage Adjustment would not receive 2% COLA adjustment.
Position Current Salary
COLA & Housing
Wage Adjustment
New Annual Salary
FICA LGERS 401 K Salary Increase
GROUNDSKEEPER I $28,519
$2,639
$31,158
$202
$176
$79 9.3%
PROGRAM SUPPORT ASSISTANT I $28,532
$2,626
$31,158
$201
$175
$79 9.2%
GROUNDSKEEPER I $29,032
$2,126
$31,158
$163
$142
$64 7.3%
GROUNDSKEEPER I $29,032
$2,126
$31,158
$163
$142
$64 7.3%
Totals
$9,517
$728
$635
$286
Total Salary and Benefits Costs $11,165
FY 2016-17Housing Wage Adjustment
Position Current Salary Housing Wage Adjustment
New Annual Salary FICA LGERS 401 K Salary
Increase
Salary adjusted by FY 2015-16 COLA @ 2%
GROUNDSKEEPER I $29,727 $1,431 $31,158 $109 $95 $43 4.8%
MAINTENANCE/CONSTRUCTION WRKER
$29,788 $1,370 $31,158 $105 $91 $41 4.6%
MAINTENANCE/CONSTRUCTION WRKER
$ 30,961 $197 $31,158 $15 $13 $6 0.6%
SOLID WASTE EQUIP OPERATOR I $31,016 $142 $31,158 $11 $9 $4 0.5%
SOLID WASTE EQUIP OPERATOR I $31,016 $142 $31,158 $11 $9 $4 0.5%
Totals $3,281 $251 $219 $98
Total Salary and Benefits Costs $3,849
Health Insurance Premiums
Health Insurance Amount
FY 2014-15 Budget $1,516,616
FY 2015-16 Budget $1,810,743
Premium Increase (19.4%) $294,127
Employee & Organizational Development
• Better Together Events - $10,000
• Diversity Training (All Employees) - $5,000
• Employee Wellness Program - $5,000
• Supervisory Training - $8,000
• GO Passes for Triangle Transit - $
Board of Aldermen
• Travel, Conferences, Retreat- $10,500
• Triangle J Clean Cities Coalition - $500
• Arts Committee - $7,000
• Student Intern - $5,000
Programs & Services• Economic Development• Community Funding• Affordable Housing• Chapel Hill Transit• Recreation & Parks• Technology• Planning• Public Works• Sidewalks & Greenways• Debt Service
Economic Development• Carrboro Branding & Marketing Campaign
– $12,000 The Splinter Group
• Local Living Economy & Entrepreneurial
Initiatives - $10,000
• Parking Agreements - $46,630 – $41,630 300 E. Main Parking Deck
– $5,000 Kalisher Agreement
• Economic Development Revolving Loan Fund
– 7 Active loans with an outstanding principal of $186,792
– $374,423 available for new loans in FY 2015-2016
• Energy Efficiency Revolving Loan Fund
– 5 Loans with an outstanding principal of $80,187
– $57,838 available for new loans in FY 2015-2016
• Business Loan Fund
– 1 Loan with an outstanding principal of $9,833
– $119,958 available for new loans in FY 2015-2016
Community FundingFY 2014-
2015Budget
FY 2015-2016
Budget
Change (%)
Arts Center $15,300 $15,300 0.0%
Human Services Grants $200,000 $220,000 10.0%
Community Home Trust $35,000 $64,000 82.9%
Community Dinner $500 $500 0.0%
El Centro Hispano $36,970 $36,970 0.0%
Home Consortium $12,943 $10,525 (18.7%)
Partnership to End Homelessness $15,531 $15,531 0.0%
Affordable Housing FundEst. Fund Balance July 1, 2015 $34,750
General Fund Contribution Funding in FY 2015-16 $165,250
Total General Fund Contributions for 2015-16 (1₵ for Housing) $200,000
Est. Net Proceeds – Sale of Real Property $TBD
Funds Available for FY 2015-2016 $200,000+
Payments to CHT,HC,PTEH,HS Grants in FY 2015-16 $124,056
Chapel Hill Transit
2010-2011
Actual
2011-2012
Actual
2012-2013 Actual
2013-2014 Actual
2014-2015
Budget
2015-2016
Budget
Amount $1,032,835 $1,032,835 $1,286,714 $1,396,423 $1,472,520 $1,532,893
Change($)
$0.00 $0.00 $253,879 $109,709 $76,097 $60,373
Change(%)
0.0% 0.0% 24.6% 8.5% 5.4% 4.1%
Recreation and ParksPrograms
• Community EventsMusic Festival– $35,500Film Festival – $13,950Carrboro Day - $9,200Poetry Alive - $4,250 July 4th - $20,000Open Streets - $10,000
• Freight Train Blues SeriesRequest of $25k from
CTDA
Recreation and ParksCapital Improvements
• Anderson Park Ball Field Fence Replacement - $105,880• Anderson Park Pavilion Replacement - $51,000• Registration & Reservation Software Replacement - $58,000• MLK Park (Design Only) - $150,000
Technology
• Development Services Permitting Software - $230,000
• Police Officer Body-Worn Cameras (42) - $91,000
• Rogers Road Fiber Conduit - $155,000
• Fire and Police Motorola Radios (136) - $273,000 ($819,000 over three years)
Planning Department
• Parking Study - $75,000• Gold Level Designation from The League of American
Bicyclists -$21,000• MPO Matching Costs - $15,650
Public Works Equipment
• Street Sweeper ($240,000)• Tractor Mower – ($109,000)• Mower – ($37,768)• Snow Blower – ($21,000)
Public WorksStudies & Projects
• Century Center HVAC – ($180,000)• Town Commons (Design) – ($107,300)• Asphalt Repair at PW Yard – ($69,500)• Street Resurfacing – ($601,400)• Comprehensive Solid Waste Study –
($50,000)• Entryway Signage – ($74,000)• LED Streetlights – ($100k)
Town Commons Improvements
FY 2015-16 FY 2016-17 FY 2017-18 TOTALCosts
Design $ 107,300 $ 107,300 Phase I $ 464,300 $ 464,300 Phase II $ 353,500 $ 353,500
TOTAL $ 107,300 $ 464,300 $ 353,500 $ 925,100
RevenuesFarmers Market $ 20,000 $ 10,000 $ 30,000 Grants $ 175,000 $ 175,000 Town $ 87,300 $ 279,300 $ 353,500 $ 720,100
T0TAL $ 107,300 $ 464,300 $ 353,500 $ 925,100
Flooding Mitigation Projects
• High Priority – ($432,800)– Stream Bank Adjacent to PW – ($127,900)– Lorraine Street – ($113,500)– Carol Street – ($110,800)– Rainbow Street – ($80,600)
• Medium Priority – ($933,200)– 1020 West Main – ($323,400)– 408 Broad Street – ($43,000)– Old Pittsboro Road – ($566,800)
• Lower Priority – ($310,800)– Morningside Drive – ($100,200)– Public Works Drive – ($210,600)
Stormwater Management
• Jordan Lake Rules: 8% reduction in N by 2026 per EPA CWS• NC postponed implementation, but Federal government has not• Town’s CIP: $3.9M of related capital projects over 5–10 years• Estimated annual funding for staffing and capital: $500k per year
= property tax increase of 2½¢• Staff recommends 1 year delay of $483k project identified in FY
2015-16 while Town explores options, which might include:– Regional partnerships – Stormwater Utility Fund funded by:
• Earmarked property taxes• Stormwater utility fee
Sidewalks & Greenways
Prior FY FY FY FY FY FY 2021-2022 Project
Years 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 & Beyond Totals
Jones Creek $ -
$ 29,388 $ 308,569 $ -
$ -
$ -
$ -
$ 1,115,504 $ 1,453,461
Morgan Creek 258,683 68,974 103,648 539,886 -
-
-
2,181,281 3,152,472
S. Greensboro -
105,130 440,896 405,756 242,774 -
-
-
1,194,556
Homestead CH MUP 223,957 60,267 622,712 204,308
-
- -
-
1,111,244
Rogers Road 390,658 981,000 1,371,658
Totals $ 873,298 $ 1,244,759 $ 1,475,825 $ 1,149,950 $ 242,774 $ -
$ -
$ 3,296,785 $ 8,283,391
FY 2015-2016 Debt Service
Project Debt IssueFY 2013-14
Actual FY 2014-15
Budget FY 2015-16
Budget
Installment Debt:
Fire Station #2
$3,250,000 $315,873 $307,055 $298,237Vehicle/Equipment IP N/A $616,944 $557,836 $533,237
Total Installment Debt $932,817 $864,891 $831,474
General Obligation (GO) Debt:
Sidewalks and Greenway
GO Bonds $4,600,000 $359,667 $350,000 $338,286Total GO Debt $359,667 $350,000 $338,286
TOTAL ALL DEBT $1,292,484 $1,214,891 $1,169,060
Budget Development Schedule
• May 12: Board Holds 1st Budget Work Session
• May 26: Public Hearing on Recommended Budget
• June 2: 2nd Budget Work Session (optional)
• June 16: Board Adopts FY 2015-2016 Budget