FY 2021 Budget FY 2021 Budget Objectives No

FY 2021 Budget

FY 2021 Budget Objectives • No increase in general fund expenses • Aim for steady property tax

General Fund Highlights • 2021 Revenue • 3. 43% increase over FY 2020 Budget • No use of allowable growth • Only increase in property tax revenue is from increases in property values • 2021 Expenses • Will not meet objective of no expense increase • Will slow expense growth • 0. 74% ($12, 358) increase over FY 2020 Budget • Net Gain: $47, 151 • Reminder: Local government budgets are required to be balanced budgets (expenses cannot exceed revenue), but may access cash reserves to balance the budget General Fund Overview $2, 000. 00 $1, 800, 000. 00 $1, 600, 000. 00 $1, 400, 000. 00 $1, 200, 000. 00 $1, 000. 00 $800, 000. 00 $600, 000. 00 $400, 000. 00 $200, 000. 00 $0. 00 Revenue 2018 Actual 2019 Actual Expenses 2020 Budget 2021 Proposed

Legislative *Council, Mayor, Publishing, Legal $25, 000. 00 $20, 633. 80 $21, 447. 20 $22, 134. 53 $21, 952. 00 $22, 000. 00 $20, 000. 00 $18, 762. 38 $18, 609. 48 $20, 000. 00 $15, 000. 00 $10, 000. 00 $9, 251. 29 $7, 425. 34 $8, 000. 00 $5, 343. 34 $6, 442. 20 $4, 721. 62 $5, 907. 50 $6, 000. 00 $0. 00 2018 Actual 2019 Actual City Council 2020 Budget Publishing Mayor Legal 2021 Proposed

Government Administration *City Administrator, Finance, General Government $160, 000. 00 $139, 428. 50 $140, 000. 00 $116, 653. 45 $125, 134. 03 $120, 000. 00 $112, 490. 51 $108, 830. 72 $100, 000. 00 $117, 015. 16 $92, 359. 50 $78, 270. 05 $80, 000. 00 $60, 000. 00 $145, 720. 97 $79, 777. 28 $84, 937. 48 $85, 200. 80 $40, 000. 00 $20, 000. 00 $0. 00 2018 Actual 2019 Actual City Administrator 2020 Budget Finance Gen Government 2021 Proposed

Public Safety *Police, Fire $ 500, 000. 00 $ 450, 000. 00 $ 448, 800. 00 $ 400, 307. 50 $ 400, 000. 00 $ 396, 214. 56 $ 350, 000. 00 $ 300, 000. 00 $ 351, 899. 98 $ 250, 000. 00 $ 200, 000. 00 $ 150, 000. 00 $85, 242. 27 $70, 500. 00 $62, 405. 13 $ 100, 000. 00 $93, 075. 00 $ 50, 000. 00 $2018 Actual 2019 Actual 2020 Budget Police Fire 2021 Proposal

Public Works *Highway/Streets, Force Account $400, 000. 00 $357, 539. 21 $371, 125. 20 $303, 179. 05 $322, 338. 49 $300, 000. 00 $250, 000. 00 $200, 000. 00 $150, 000. 00 $100, 000. 00 $50, 000. 00 $21, 455. 40 $36, 981. 82 $35, 269. 63 $40, 000. 00 $0. 00 2018 Actual 2019 Actual Engineering 2020 Budget Streets 2021 Proposal

Parks, Recreation, Library *Parks, Recreation Administration $120, 000. 00 $95, 008. 30 $92, 755. 67 $100, 000. 00 $97, 582. 50 $82, 061. 86 $80, 000. 00 $60, 000. 00 $28, 500. 00 $44, 235. 34 $63, 749. 25 $36, 238. 35 $40, 469. 25 $40, 000. 00 $46, 866. 56 $20, 000. 00 $51, 930. 00 $13, 349. 18 $0. 00 2018 Actual 2019 Actual Recreation Administration 2020 Budget Parks Library 2021 Proposal

Economic Development $120, 000. 00 $100, 000. 00 $93, 532. 00 $99, 443. 89 $96, 500. 00 $80, 000. 00 $60, 000. 00 $40, 000. 00 $30, 000. 00 $20, 000. 00 $0. 00 2018 Actual 2019 Actual Economic Development 2020 Budget 2021 Proposal

Miscellaneous Funds $ 400, 000. 00 2 nd Penny Note: South Main Rehab Project will require additional $160, 000 from Fund Balance to complete, which will deplete Fund Cash $ 350, 000. 00 $ 300, 000. 00 $ 250, 000. 00 $ 200, 000. 00 $ 150, 000. 00 $ 100, 000. 00 $ 50, 000. 00 $Rec Fund 3 rd Penny Revenue 2 nd Penny Expense Drainage Fund

Sewer Fund • Priority on maintenance and equipment replacement • Pumps, decanter, screen room, etc • New truck (50% sewer) • Rate increase of 1. 7% (based on CPI) • Collection system repairs • Stockwell supervision agreement • Net gain: $88, 719 $ 800, 000. 00 $ 700, 000. 00 $ 600, 000. 00 $ 500, 000. 00 $ 400, 000. 00 $ 300, 000. 00 $ 200, 000. 00 $ 100, 000. 00 $Revenue Sewer Charges Sewer Surcharges Expense Sewer Expense WWTF Expense

Water Fund • 2% rate increase • Stockwell supervision agreement • Focus on maintenance and repairs • Truck purchase (50% water) • Net Gain: $45, 852 700000 600000 500000 400000 300000 200000 100000 0 Revenue Expenses Water Sales Water Surcharges Misc. Revenue Water Administration

Ambulance Fund • Budget assumes COVID-19 will continue to impact call volume • Replacement of key equipment • Net Loss: $64, 828 • Transferred from 2 nd Penny to maintain fund balance • May decrease if CARES Act Funding results in year end positive fund balance 250000 200000 150000 100000 50000 0 Revenue Expense Ambulance Charges Other Revenue Transfer from 2 nd Penny All Expenses

Pool Fund • Increased revenue and expenses from 2020 Budget • Net loss of $20, 000 • Transfer in from 3 rd Penny Swimming Pool Fund $ 100, 000. 00 $ 90, 000. 00 $ 80, 000. 00 $ 70, 000. 00 $ 60, 000. 00 $ 50, 000. 00 $ 40, 000. 00 $ 30, 000. 00 $ 20, 000. 00 $ 10, 000. 00 $Revenue Expenses Membership Fees Swimming Lessons Concessions Misc Rev Personnel Supplies/Maint Other