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HomeMy WebLinkAboutOrdinances - 2014-15 - Adopting the annual City Budget for 2015 - 12/9/2014CITY OF EAST WENATCHEE, WASHINGTON ORDINANCE NO. 2014-15 An ordinance of the City Council of the City of East Wenatchee, Washington, adopting the annual budget of the City for the fiscal year commencing January 1, 2015 Una Ordenanza de la Ciudad de East Wenatchee Washington, se modifica L Ordenanza Numero 2014-14 que establecio la Ciudad de East Wenatchee 2014 Prseupuesto. 1. Recitals a. Preamble. The City of East Wenatchee ("City") is a non-charter code city duly incorporated and operating under the laws of the State of Washington; and b. 1. 11. 111. IV. c. 1. Conditions Precedent. Previously, the City Council of East Wenatchee ("City Council"): prepared and filed its preliminary budget for the year 2015; gave notice of the time and place of hearing thereon according to law; met in accordance with said notice; and considered the proposed budget. Authority. RCW 35A.l 1.020 authorizes the City Council to regulate local affairs and provide municipal services. THE CITY COUNCIL OF THE CITY OF EAST WENATCHEE DO ORDAIN AS FOLLOWS: Section 1: Section 2: Purpose. Adopt a City budget for the year 2015. Adoption of 2015 Budget. In accordance with RCW 35A.33.075, the City Council adopts, by reference, the final budget for the year 2015 for the City of East Wenatchee, Washington. Ordinance 2014-15 Page 1of5 Section 3: Section 4: Recognition of Estimated Beginning Fund Balances and Estimated Revenues: The 2015 Budget recognizes estimates for its beginning fund balances and estimated revenues for 2015 from the following fund sources: Fund General Fund Street/SW A Fund Comm Developments Grant Fund Library Fund HoteVMotel Tax Fund Drug Fund Criminal Justice Fund Events Board Fund Bond Redemption Fund Street Improvements Fund Capital Improvements Fund Storm Water Capital Impv Fund Equipment PM& R Fund Transportation Benefit District Fund Total for All City Operations Estimated 2015 Beginning Fund Balance 2,766,024 108,340 33,156 1,321 76,303 5,392 41,423 35,974 7,005 433.414 481,595 7,331 134,103 4,131,381 Estimated 2015 Revenue 5.997.265 1,094,250 25,000 3,250 41,500 200 15,650 131,200 197,291 2.097.656 195,000 996.849 236,000 205,000 11,236,111 Funds Appropriated. The 2015 Budget is appropriated by fund as follows: 2015 Fund General Fund Street/SW A Fund Comm Developments Grant Fund Library Fund HoteVMotel Tax Fund Drug Fund Criminal Justice Fund Events Board Fund Bond Redemption Fund Street Improvements Fund Capital Improvements Fund Storm Water Capital Impv Fund Equipment PM& R Fund Transportation Benefit District Fund Total for All City Operations Appropriation 8,763,289 1,202,590 58,156 4,571 117,803 5,592 57,073 167,174 204,296 2,531,070 676,595 996,849 243,331 339,103 15,367,492 Ordinance 2014-15 Page 2of5 Section 5: Fund General Fund 2015 Financial Budget Summarized Cash Flow by Fund and Combined: The following is a summary cash flow schedule for 2015 with beginning balances, estimated revenue, fund transfers and budgeted expenditures by fund and in total for 2015. Estimated 2015 Estimated Budgeted Estimated Beginning 2015 2015 2015 Ending Fund Balance Revenue Expenditures Fuvnd Balance 2,766,024 5.997-265 6,211,964 2,551,325 Street/SW A Fund 108,340 1,094,250 1,153,350 49,240 Comm Developments Grant Fund 33,156 25,000 25,000 33,156 Library Fund 1,321 3,250 4,300 271 HoteVMotel Tax Fund 76,303 41,500 117,803 Drug Fund 5,392 200 5,592 Criminal Justice Fund 41,423 15,650 40,000 17,073 Events Board Fund 35,974 131,200 150,750 16,424 Bond Redemption Fund 7,005 197,291 194,711 9,585 Street Improvements Fund 433-414 2.097.656 2,247,105 283,965 Capital Improvements Fund 481,595 195,000 635,000 41,595 Storm Water Capital Impv Fund 996.849 896,849 100,000 Equipment PM& R Fund 7,331 236,000 236,000 7,331 Transportation Benefit District Fund 134,103 205,000 173,750 165,353 Total for All City Operations 4,131,381 11,236,111 11,968,779 3,398,713 Section 6: Final Budget on file. A detailed final budget, including a list of revenues and expenditures for each separate fund, shall be on file with the City Clerk of the City of East Wenatchee, East Wenatchee, Washington. The City Council also directs the City Clerk to upload a copy of the final budget on the City's website. Section 7: Section 8: Section 9: Transmittal. The City Treasurer shall transmit a complete copy of the final budget for 2015 as adopted, together with a copy of this adopting ordinance to the Division of Municipal Corporations of the State Auditor and to the Association of Washington Cities. Publication. The City Council directs the City Clerk to publish a summary of this Ordinance. The summary shall consist of the title of this Ordinance. Effective Date. This Ordinance becomes effective on January 1, 2015. Ordinance 2014-15 Page 3of5 Passed by the City Council of East Wenatchee, at a regular meeting thereof on this 9th day of December 2014. AUTHENTICATED: CITY CLERK, DANA BARNARD CITY ATTORNEY,DEViNPOULSON FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL : PUBLISHED: EFFECTIVE DATE: Ordinance 2014-15 Page 4of5 ,,.,-·· SUMMARY OF ORDINANCE NO. 2014-15 OF THE CITY OF EAST WENATCHEE, WASHING TON On this 9th day of December, 2014 , the City Council of the City of East Wenatchee , Washington, passed Ordinance No. 2014-15. A summary of the content of said ordinance consisting of the title , provides as follows: An ordinance of the City Council of the City of East Wenatchee adopting the annual budget of the City for the fiscal year commencing January 1, 2015. DATED December ___1_, 2014 -~ Dana Barnard, City Clerk Ordinance 2014-15 Page 5of5 City of East Wenatchee, Washington 2015 Annual Financial Budget Mayor Steven C. Lacy Councilmembers Wayne Barnhart George Buckner Frank Collings Timothy Detering Chuck Johnson Sandra Mccourt Harry Raab Finance Director Nick A. Gerde CITY OF EAST WENATCHEE, WASHINGTON FINANCIAL BUDGET 2015 BUDGET ASSUMPTIONS AND HIGHLIGHTS The City's Budget Committee develops and communicates the budget assumptions that the City will use each year. Revenue is primarily the responsibility of the Finance Director, who is a member of the Budget Committee. Primary revenue estimates for 2015 include: 1. Eleven sources of revenue for the City represent nearly 91 % of the estimated operational revenue for 2015. They include: Amount A. Sales and Use Tax $3,300,000 B. Property Tax 1,609,000 C. Utility Tax 811,000 D. Street Fuel Excise Tax 280,000 E. State Portion -Court Revenue 244,000 F. Fines & Penalties -Court 238,000 G. Criminal Justice Taxes 227,000 H. Storm Water Utility Operation 217,000 I. Transportation Benefit District 205,000 J. Real Estate Excise Tax 195,000 K. Gambling Tax 160,000 L. Hotel/Motel Taxes 129,000 M. Liquor Taxes & Profits 124,000 N. Balance of Revenue Estimate 5182000 Sub-total Operational Revenue $ 8!257!000 2. Revenue for Capital Improvement Projects: A. Storm Water Capital Projects B. Street Imp Projects -Grants C. Fund Transfers Sub-total Capital Revenue Total 2015 Revenue Estimate Amount $ 897,000 1,908,000 174,000 $ 2.979!000 $ 11.236.000 Percent of Ops Rev 40.0% 19.5% 9.8% 3.4% 3.0% 2.9% 2.7% 2.6% 2.5% 2.4% 1.9% 1.6% 1.5% 6.2% 100.0% Percent of Cap Rev 35.6% 58.5% 5.9% 100.0% 3. Each revenue source was evaluated in consideration of a six year receipt history, or shorter in the case of utility taxes, and street improvements/capital projects and transfers to support them. 2015 BUDGET ASSUMPTIONS AND HIGHLIGHTS (continued) 4. Monthly trends over 2014 and the last six years were studied, particularly in light of recent fluctuating economic trends, experience by other cities in our region, and the continuing recession. Departmental costs are the responsibility of each Department Director. All other costs are the responsibility of the Finance Director. Primary expenditure budget assumptions for 2015 costs included the following: 1. Budget costs conservatively: No increases in operating costs unless they can be substantiated and approved by the Budget Committee for presentation to the City Council. 2. Department Capital Costs: Any budgeted costs for capital need to be specifically budgeted and explained as to need. 3. The City currently has forty-eight employees. Compensation for City employees not covered by either a collective bargaining agreement or an employment agreement is based upon the City's long-standing policy of wage parity. This group consists of eight full-time employees. 4. The City Attorney and Municipal Court Judge are compensated according to employment agreements. Two contracted personnel staff the Events Department. 5. The collective bargaining unit agreements with the police department unions covering twenty-one employees expired on December 31, 2013, and are still in negotiation. 6. The collective bargaining unit agreement with Local 846-W covering fifteen employees in the Street, Planning, Code, Court, and City Clerk Departments has been renewed until its expiration on December 31, 2016. 7. Healthcare premiums, commercial insurance, detention costs, RiverCom costs, and any other significant operating costs are determined through communication, agreements or quotes from those vendors. 7 2015 BUDGET ASSUMPTIONS AND IDGHLIGHTS (continued) Budgeted operating expenditure categories for 2015 include: Amount A. Labor Costs $ 3,501,000 B. Benefit Costs 1,441,000 c. Storm Water Utility Operations 226,000 D. Jail Services -Detention 340,000 E. Rivercom 9-1-1 275,000 F. Municipal Fees Court to State 264,000 G. Department Capital Expense 376,000 H. Debt Service-Principal & Interest 195,000 I. Storm Water Utility Charge 147,000 J. Muni Court PubliC! Defense Costs 104,000 K. Balance of Operating Expenses 121482000 Total Operating Expenses 810171000 Budgeted capital expenditure categories for 2015 include: L. Storm Water Utility Capital M. Street Improvements Capital N. Capital Expenditures 0. Fund Transfers Total Capital Expenses Grand Total 2015 Budgeted Expenditures 897,000 2,247,000 635,000 174,000 $ 3.953.000 $ 1119701000 Percent of Total 43.7% 18.0% 2.8% 4.2% 3.4% 3.3% 4.7% 2.4% 1.8% 1.3% 14.4% 100% 21.7% 61.3% 12.3% 4.7% 100% Primary assumptions for capital costs for street improvement projects, storm water utility projects, and capital expenditures, include the following: 1. The principal source for street improvement projects is the 6 year Transportation Improvement Plan (TIP), which the City is required to provide to the Washington State Department of Transportation (WSDOT) each year in June, and other residential street projects. 2. Storm Water Utility Projects were selected by the SWU Coordinating Committee of the Greater East Wenatchee Storm Water Utility, jointly owned by the City and Douglas County, and the TIP, based upon an assessment of the highest needs in the City for the 2015 budget year, giving priority for those grant-funded projects. 8 2015 BUDGET ASSUMPTIONS AND ffiGHLIGHTS (continued) 3. Projects scheduled for 2015 include: Public Project Description Funding VMP Parking Lot Project 512,000 Retrofit SWU Catch Basins 161,000 SWU Small Improvements 87,000 WVSWP Decant Facility 64,000 SWU French St. Improvements 60,000 French Street Improvements 353,000 Residential Street Projects 174,000 Valley Mall Parkway Overlay 863,000 Traffic Signal 9th & VMP 313,000 Highline Drive Engineering 277 ,000 Purchase/Design Gateway Property Public Works Storage Building Fund Transfers Other City Funding 13,000 135,000 51,000 49,000 450,000 150,000 174,000 67,000 Total 512,000 161,000 87,000 64,000 60,000 366,000 174,000 998,000 364,000 326,000 450,000 150,000 174,000 67,000 Total $2.864.000 $1.089.000 $3.953.000 City funding in the schedule above of $804,000 will be satisfied with from property tax, real estate excise tax and accumulated funds. The Residential Street Projects will be funded from proceeds of the $20 car tab fee collected on behalf of the Transportation Benefit District. The storm water utility projects will be fully funded through the Greater East Wenatchee Storm Water Utility, which is an agency owned jointly by the City and Douglas County. Funding for the GEWSWU is provided through a fee charged to residents and businesses in the GEWSWU service area, including the City which pays $14 7 ,000 annually in fees for its property and streets. 9 _._._._._._..._._._-_._._.._._-.:·.-:.-.--·-·. City of East Wenatchee, Washington 2015 Annual Financial Budget Summary Financial Information CASH FLOW STATEMENTS Basis of Presentation: City of East Wenatchee Cash Accounting and Reporting is frequently depicted in different ways depending upon the amount of detail or the differing classifications of the same revenue and expenditures. These differing presentations result in the same and equal cash flows, but can be presented herein in two ways, as follows: 1. High Level Cash Flow Summary, and 2. Cash Flow by Categories of Revenue and Expenditures Summarized Cash Flow: High Level Summarl 2015 2014 2014 Annual Estimated Budget Budget Actual As Amended Cash Balances, Beginning of the Year $4,131,000 $3,796,000 $ 3,084,000 Revenue 10,973,000 10,131,000 10,391,000 Non-Revenues (Pass-Through to Others) 263,000 468,000 284,000 Total Revenues 11,236,000 10,599,000 10,675,000 Total Resources Available (Cash plus Revenue) 15,367,000 14,395,000 13,759,000 Expenditures -11,592,000 9,846,000 11,005,000 Non-Expenditures (Pass Through Monies) 378,000 418,000 286,000 Total Expenditures 11,970,000 10,264,000 11,291,000 Cash Balances, End of the Year $3,397,000 $4,131,000 $ 2,468,000 10 Summarized Cash Flow: B)l Major Revenue and ExQense Categories 2015 2014 As Amended Annual E§timated 2014 Budget ~ Budget Cash Balances, Beginning of the Year $4,131,000 $3,796,000 $ 3,084,229 Revenue Received Sales & Use Taxes 3,300,000 3,200,000 3,200,000 Property Taxes -2009 Base 1,609,000 1,583,000 1,583,000 6% Utility Tax 811,000 805,000 843,800 Storm Water Utility Operations 217,000 211,000 257,600 Municipal Court Receipts -Fines 238,000 245,000 247,965 Street Fuel Excise Tax 280,000 276,000 283,000 Community Development Grant -CDBG 25,000 80,000 130,065 Real Estate Excise Tax 195,000 270,000 172,000 Transportation Benefit District 205,000 210,000 185,000 Criminal Justice Taxes 227,000 230,000 212,500 Liquor Taxes 124,000 120,000 124,000 Gambling Tax Receipts 160,000 206,000 148,190 Hotel/Motel Taxes 129,000 128,000 118,900 Franchise Fees 94,000 96,000 93,000 Balance of Operational Revenue 380,000 595,000 606,562 Sub-total Operational Revenue 7,994,000 8,255,000 8,205,582 Court Receipts for the State 244,000 253,000 265,000 Other non-revenue 18,000 215,000 15,600 Total Operational Revenue 8,256,000 8,723,000 8,486,182 Storm Water Utility Capital Reimbursed 897,000 730,000 787,667 Funding for. Street Improvements 1,909,000 1,146,000 1,273,053 Transfers for Street Improvements 174,000 128,000 Total Capital Project Revenue 2,980,000 1,876,000 2,188,720 Grand Total Revenue 11,236,000 10,599,000 10,674,902 Total Resources Available (Cash plus Revenue) 15,367,000 14,395,000 13,759,131 Expenditures Payroll Costs 3,501,000 3,406,000 3,379,700 Employee Benefit Costs 1,441,000 1,349,000 1,438,000 Jail Services -Adult Detention 340,000 x 327,000 321,500 Storm Water Utility Operations 372,000 x 750,000 379,600 Rivercom 911 275,000 x 272,000 271,900 Department Capital Expenses 376,000 x 788,000 208,200 Debt Service Principal & Interest 195,000 x 198,000 197,893 Storm Water Utility Charge 147,000 x 147,000 147,000 Hotel/Motel Tax to Others 45,000 Other Expenditures 1,090,000 718,000 1,089,740 Sub-total Operational Costs 7,737,000 7,955,000 7,478,533 Municipal Court Receipts for the State 264,000 253,000 270,000 Other Non-expenditures 16,000 164,000 16,250 Total Operational Costs 8,017,000 8,372,000 7,764,783 Storm Water Utility Capital Expenditures 897,000 384,000 806,267 Street Improvements Expenditures 2,247,000 1,377,000 1,800,704 Capital Improvements 635,000 375,000 791,000 Transfers for Street Improvements 174,000 140,000 128,000 Total Capital Project Costs 3,953,000 1,892,000 3,525,971 Total Expenditures 11,970,000 10,264,000 11,290,754 Cash Balances, End of the Year $3,397,000 $4,131,000 $ 2,468,377 11 Ci~ of Easi Wenatchee 1 Washington Prelimina~ Budget -2015 Revenue 1 Exgenses and Changes in Fund Balances Cash Cash Beg Balance Add: Resources Less: End Balance Fund j/1/2015 R~venue Available Ex12enditures 12131/2015 Note General Fund 001 2,766,024 5,997,265 8,763,289 6,211,964 2,551,325 Street/SWA Fund 101 108,340 1,094,250 1,202,590 1,153,350 49,240 Comm Dev Grants Fund 102 33,156 25,000 58,156 25,000 33,156 Library Fund 112 1,321 3,250 4,571 4,300 271 Hotel/Motel Tax Fund 113 76,303 41,500 117,803 117,803 Drug Fund 114 5,392 200 5,592 5,592 Criminal Justice Fund 116 41,423 15,650 57,073 40,000 17,073 Events Board Fund 117 35,974 131,200 167,174 150,750 16,424 Bond Redemption Fund 202 7,005 197,291 204,296 194,711 9,585 Street Improvements Fund 301 433,414 2,097,656 2,531,070 2,247,105 283,965 Capital Improvements Fund 314 481,595 195,000 676,595 635,000 41,595 Storm Water Capital lmpv Fund 996,849 996,849 896,849 100,000 Equipment PM& R Fund 501 7,331 236,000 243,331 236,000 7,331 Transportation Benefit Distr 620 134,103 205,000 339,103 173,750 165,353 Total for All Cit~ Ogerations 4,131,381 11,236, 111 15,367,492 11,968,779 3,398,713 A. Storm Water operations have been consolidated with Street Fund maintenance, effective January 1, 2015. Previously since its formation in 1998, Storm Water operations and capital projects were included in the General Fund. Initially, the Storm Water activities were relatively modest. With the of National Polution Discharge Elimination System (NPDES) federal regulations downstreamed to states and then to cities, the activities have increased substantially. Storm Water activities are considered an extension of street maintenance, are satisfied by street department employees, and consequently are more organizationally and financially matched with street maintenance. B. Storm Water capital projects will now be accounted for in a separate improvement fund, similar to street improvement projects, for the same motivation as "A" above. C. Accounting for the purchase, maintenance and replacement of police vehicles will not occur in this fund, according to State Auditor guidelines. Purchases and maintenance had previously been accounted for in the Law Enforcement Department of the General Fund. D. Formed in 2012, this is the first year that the City has accumulated sufficient funds for the Transportation Benefit District to fund residential street projects. 12 A ~ Q Q