#2 Public hearing on proposed FY2011 City and Library budgets
ADMINISTRATIVE SERVICES MEMORANDUM
November 1, 2010
TO: City Council
FROM: Jacob J. Winzenz, Dir. of Admin. Services/Asst. City Manager
SUBJECT: Public Hearing on FY2011 Proposed City and Library Budgets
On October 6, 2010, the proposed 2011 City and Library budgets were
distributed to the City Council. As proposed by the City Manager, the 2011 City
and Library budgets had a net increase of $194,336 in total expenditures
(including debt service). However, total revenue (including applied fund balance)
decreases $395,666 resulting in an increase in the municipal tax levy, without
TIF, of $590,002, or 2.1%. This increase in the tax levy, plus the TIF tax levy,
results in a 1.61% increase in the tax rate for municipal purposes which costs the
owner of an average home assessed at $114,000 an additional $15.16 per year.
Over the following three weeks the City Council held three (3) study sessions
with staff on the proposed budget and made numerous adjustments. These
adjustments result in no net change in the proposed 2011 tax levy. A summary
of these adjustments are attached for your review.
A public hearing on the proposed 2011 City and Library budgets is scheduled
during the November 8, 2009 City Council meeting. At this time it would be
appropriate to open the public hearing, receive any comments regarding the
proposed budgets, and then continue the public hearing to November 22, 2010.
At the meeting on November 22, 2010 the public hearing on the proposed budget
will be continued, and then closed. Following the public hearing the City Council
may discuss, make amendments to, and then take action upon the proposed
2011 City and Library budgets. The City Council will then need to schedule a
very brief special meeting to set the tax levy. The City Manager’s office suggests
this meeting be held at 7:00 a.m. on November 29, 2010 or November 30, 2010.
P.L.
Proposed 2011 Municipal Tax Rate & Levy Comparison
9/30/2010
For Years Indicated Below
AmountPercentage
AdoptedProposedIncreaseIncrease
20102011(Decrease)(Decrease)
Tax Levy:
Municipal Property Tax Levy$28,055,561$28,645,563$590,0022.10%
TIF Levy785,432857,49072,0589.17%
Total Tax Levy$28,840,993$29,503,053$662,0602.30%
Tax Rates:
Municipal Property Tax Rate$8.0138$8.1277$0.11391.42%
TIF Tax Rate0.22430.24330.01908.47%
Total Tax Rate$8.2381$8.3710$0.13291.61%
Taxes Paid
(Ave. Home $114,000)
Municipal Purposes$913.57$926.56$12.991.42%
TIF25.5727.742.178.49%
Total Taxes Paid$939.14$954.30$15.161.61%
Assessed Valuation$3,500,911,170$3,524,450,380$23,539,2100.67%
AmountPercentage
AdoptedProposedIncreaseIncrease
Municipal Purposes20102011(Decrease)(Decrease)
Operations Levy
(w/o TIF):
General Fund$19,545,106$20,440,123$895,0174.58%
Library2,908,6602,966,83358,1732.00%
Total Operation Levy $22,453,766$23,406,956$953,1904.25%
(w/o TIF)
Debt Levy
:
General Fund$5,368,643$4,997,521($371,122)-6.91%
Library233,152241,0867,9343.40%
Total Debt Levy $5,601,795$5,238,607($363,188)-6.48%
Levy Increase without TIF$28,055,561$28,645,563$590,0022.10%
Non-Property tax Rev/Applied Fund Bal$17,434,635$17,038,969($395,666)-2.27%
Total Expenditures$45,490,196$45,684,532$194,3360.43%
Note: Municipal Tax Levy & Rate includes the General Fund and Hedberg Public Library.
J:\Finance & Administration\Accounting\Budget\2011\2011 Proposed Budget
Characteristics.xlsMunicipal11/1/2010
P.L.
Proposed 2011 General Fund Budget
10/6/2010
Characteristics
AmountPercentage
AdoptedProposedIncreaseIncrease
20102011(Decrease)(Decrease)
Revenues:
Non-Property Tax Revenues$14,854,250$14,896,100$41,8500.28%
Transfers 800,000 350,000 (450,000)-56.25%
Applied Fund Balance850,000900,00050,0005.88%
Total$16,504,250$16,146,100($358,150)-2.17%
Expenditures:
Operations$36,049,356$36,586,223$536,8671.49%
Debt Service5,368,6434,997,521(371,122)-6.91%
Total$41,417,999$41,583,744$165,7450.40%
Tax Levy:
City Property Tax Levy$24,913,749$25,437,644$523,8952.10%
TIF Levy697,476761,46363,9879.17%
Total Tax Levy$25,611,225$26,199,107$587,8822.30%
Tax Rates:
City Property Tax Rate$7.1164$7.2175$0.10111.42%
TIF Tax Rate0.19930.21610.01688.43%
Total Tax Rate$7.3157$7.4336$0.11791.61%
Taxes Paid
(Ave. Home $114,000)
General Fund$811.27$822.80$11.53001.42%
TIF22.7224.641.92008.45%
Total Taxes Paid$833.99$847.44$13.45001.61%
Assessed Valuation$3,500,911,170$3,524,450,380$23,539,2100.67%
Ave. Home Assessed Valuation$114,000$114,000$0.1011$11.53
AmountPercentage
AdoptedProposedIncreaseIncrease
General Fund20102011(Decrease)(Decrease)
Total Levy $24,913,749$25,437,644$523,8952.10%
(w/o TIF)
Less: Debt Service5,368,6434,997,521(371,122)-6.91%
Operations Levy $19,545,106$20,440,123$895,0174.58%
(w/o TIF)
J:\Finance & Administration\Accounting\Budget\2011\2011 Proposed Budget Characteristics.xlsGeneral
Fund11/1/2010
P.L.
Proposed 2011 Hedberg Public Library Budget
9/30/2010
Characteristics
AmountPercentage
AdoptedProposedIncreaseIncrease
20102011(Decrease)(Decrease)
Revenues:
Non-Property Tax Revenues$880,385$834,199($46,186)-5.25%
Applied Fund Balance50,00058,6708,67017.34%
Total$930,385$892,869($37,516)-4.03%
Expenditures:
Operations$3,839,045$3,859,702$20,6570.54%
Debt Service233,152241,0867,9343.40%
Total$4,072,197$4,100,788$28,5910.70%
Tax Levy:
City Property Tax Levy$3,141,812$3,207,919$66,1072.10%
TIF Levy87,95696,0278,0719.18%
Total Tax Levy$3,229,768$3,303,946$74,1782.30%
Tax Rates:
City Property Tax Rate$0.8974$0.9102$0.01281.43%
TIF Tax Rate0.02520.02720.00207.94%
Total Tax Rate$0.9226$0.9374$0.01481.60%
Taxes Paid
(Ave. Home $114,000)
Library Purposes$102.30$103.76$1.46001.43%
TIF2.873.100.23008.01%
Total Taxes Paid$105.17$106.86$1.69001.61%
Assessed Valuation$3,500,911,170$3,524,450,380$23,539,2100.67%
Ave. Home Assessed Valuation$114,000
AmountPercentage
AdoptedProposedIncreaseIncrease
Library20102011(Decrease)(Decrease)
Total Levy $3,141,812$3,207,919$66,1072.10%
(w/o TIF)
Less: Debt Service233,152241,0867,9343.40%
Operations Levy $2,908,660$2,966,833$58,1732.00%
(w/o TIF)
J:\Finance & Administration\Accounting\Budget\2011\2011 Proposed Budget Characteristics.xlsLibrary11/1/2010
P.L. 10/29/10
City of Janesville
City Council Budget Adjustments
2011 Budget
General Fund Tax Levy Proposed$ 25,437,644
Council Changes: October 26, 2010
Policereduction of animal control costs $ (35,000)
Debt Servicereduction of interest expense (14,438)
Recreationincrease summer ice rental rates (10,000)
Recreationincrease adult recreation softball and volleyball fees (4,500)
TransitTransit service reduction to begin July 1, 2011 15,125
Policestaffing, two vacant officers filled July 1, 2011 48,813
Subtotal$ -
$ -
Subtotal Changes to 10/26/2010
Total General Fund Tax Levy as of October 26, 2010$ 25,437,644
Other Budgets Adjustments
Council Meeting: October 26, 2010Category
Debt Servicereduction of interest expense$ (24,462)
TIF-Economic Development termination of Downtown Design Center 01/01/2011$ (20,000)
State and Federal Grants
Tallman House handicapped accessibility funding of
$45,000 was removed offset by an increase in housing
-
/ homeownership activities. The State and Federal
Total Expenditure Changes for Other Budgets$ (44,462)