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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 10/18/2011 - PRESENTATION OF THE CITY MANAGER'S RECOMMENDED 201October 18, 2011 Page 2 Based on Council discussion, several modifications and additions have been made to the 2012 Budget Revision Recommendations as outlined below: • Eliminated the Below Market Pay Adjustment request • Changed funding source from KFCG to General Fund on the Downtown Ice Rink Installation and Removal, Downtown Holiday Lighting, Mason Street Parking Study, and Poudre Fire Authority Non-Discretionary and Total Compensation Increase • Added 2012 Budget Revision Requests to support N Regional Planning Assistance – Attachment #1A N Neighborhood Planning Outreach Specialist (Ombudsman) – Attachment #1B N Affordable Housing Relocation Assistance – Attachment #1C An updated listing of all Budget Revision requests and funding sources is provided in Attachment 2. Revised Citywide supplemental appropriations under consideration now total $8.2M, reflecting a net reduction of $637K based on the changes described above. The General Fund share increased by $380K to $2.0M. The Utility Funds share decreased by $317K to $5.4M. All Other Funds share decreased by $700K to $0.8M. FINANCIAL / ECONOMIC IMPACTS The overall impact to City fund balance if all revisions are approved is an increase of $437K. The General Fund balance will increase by $1.2M and the KFCG fund balance will increase by $773K. By using General Fund rather than KFCG funding for the four items described above and adding the three Council requests, the amount being added to the General Fund balance is $379K lower than originally anticipated. A summary of economic impacts is provided in Attachment #2. ATTACHMENTS 1. October 11, 2011 Council Work Session Summary 2. 2012 Budget Revision Request Detail - updated October 14, 2011 3. Work Session Item #3-Follow-up from October 10, 2011 Council Finance Committee Meeting 4. 2011 (only) Budgeting for Outcomes Unfunded Offers 5. Keep Fort Collins Great 2011 Offer Status Financial Services 300 Laporte Avenue PO Box 580 Fort Collins, CO 80522 970.416.2259 fcgov.com/business ATTACHMENT #1 M E M O R A N D U M Date: October 14, 2011 To: Mayor and City Council Through: Darin Atteberry, City Manager From: Mike Beckstead, Chief Financial Officer Re: Oct. 11, 2011 Work Session Summary Follow up – 2012 Budget Revisions City Manager Darin Atteberry reviewed a high-level summary of the City Manager's Recommended 2012 Budget Revisions. Councilmembers raised various questions in preparation for 1st reading of the budget. It was decided that it was appropriate to have an additional work session to continue the discussion. That work session is scheduled for October 18 and 1st reading of the 2012 Annual Appropriation Ordinance is postponed until November 1, 2011. For questions that were not able to be answered during the meeting, the answers to the majority of those are included in this memo. Some questions may require additional time to adequately research and respond. /sek Attachment Page 2 of 8 October 11 th Council Member Requests re: 2012 Budget Revisions 1) Question from Aislinn Kottwitz Can trail connections in southeast Fort Collins be considered in 2012 Response from Craig Foreman, Director of Park Planning & Development In 2012 the Fossil Creek Trail at east Trilby Road will be joined with the Power Trail and a new underpass installed under the road from which the Fossil Creek Trail will extend south along Stanton Creek. This section of trail will connect to the Fossil Creek Trail being constructed this fall in the Greenstone Development that is located just north of Carpenter Road along Stanton Creek. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2) Question from Aislinn Kottwitz What would be required, including cost, to do an ice rink or City funded holiday lights in south Fort Collins? Response from J.R. Schnelzer, Director of Parks and Bill Whirty, Manager of Parks Ice rink in south Fort Collins: • A location and electricity requirements would need to be determined. • An ice rink would cost approximately $300,000 to $1,000,000 depending on the size. • If a permanent site could not be found, annual set up and tear down costs would be $40,000 to $50,000 depending on rink size. If a permanent sight was found, annual maintenance costs might be $10,000 to $15,000, but the City has no experience with permanent outdoor rinks, so this estimate is very preliminary. The Recreation Department could operate the ice rink. The Old Town Square ice rink generates sufficient revenue to cover Recreation’s expenses to operate the rink. Holiday lights in south Fort Collins: • The City would need to work with businesses to determine locations and electricity availability. • If the amount of lighting requested is similar to the lighting in downtown, the lights would cost approximately $125,000, and the annual installation and removal would cost approximately $70,000. A light replacement program would need to be established and would cost an additional $20,000 per year after the first three years of use. In Old Town Square, the DDA purchased a used ice rink in 2005 and paid for annual maintenance through the 2011 holiday season. Additionally, the DDA purchased the downtown lights in 2007 and initially a portion, and then in 2010 all, of the annual installation and removal of the lights through the 2011 holiday season. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Page 3 of 8 3) Question from Aislinn Kottwitz Can transit service south of Harmony be considered in 2012 Response from Karen Cumbo, Director of PDT and Marlys Sittner, Transfort/DAR Gen. Mgr. Transfort staff received feedback from City Council at the September 27 th work session that the addition of transit service along Lemay Avenue south of Harmony Road should be considered in a more systematic, fully vetted manner as part of the 2013-2014 BFO process. Staff recommends this as the preferred course of action in consideration of the Transfort Strategic Operating Plan. Should City Council choose to add this service in 2012, $320,000 is needed to fund the fixed route service along with the ADA-mandated complementary paratransit (Dial a Ride) service. Please note that although this is a one-time budget amendment request, if accepted this would become an ongoing cost to be incorporated into Transfort’s 2013-2014 BFO service provision offers. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4) Request from Gerry Horak Please provide a written 2012 Budget Revision Request for Regional Planning Assistance Response from Karen Cumbo, Director of PDT and Mark Jackson, PDT Budget, Policy & Communications Manager Please refer to Attachment #1A ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5) Request from Gerry Horak Please provide a written 2012 Budget Revision Request for a Neighborhood Planning Outreach Specialist (Ombudsman) Response from Karen Cumbo, Director of PDT and Steve Dush, Community Development & Neighborhood Services Director Please refer to Attachment #1B ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6) Request from Gerry Horak Please provide a written 2012 Budget Revision Request for Affordable Housing Relocation Assistance Response from Karen Cumbo, Director of PDT and Joe Frank, Advance Planning Director Please refer to Attachment #1C ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7) Question from Gerry Horak What happens to the $812k that won't be used for Below Market Pay Adjustments? Response from Mike Beckstead, Chief Financial Officer Excluding any additional requests from Council, that amount would go into fund balance of multiple funds. In the General Fund that amount would be $140k. Page 4 of 8 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 8) Statement from Gerry Horak Not pleased with the process, or lack thereof, used for the additions to the 2012 budget, no public outreach, no options from which to choose. Response from Mike Beckstead, Chief Financial Officer Your concerns have been heard and changes will be made to the next budget revision process in 2013. Those changes include: • Starting the process earlier including time at the annual Council workshop after Council elections • Public outreach will be included in the process • The revision requests will go to Council Finance earlier in the year • One or two Council Work Sessions will be conducted depending on the volume of revision requests. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 9) Question from Gerry Horak How will the elimination of the Furlough day be funded? Response from Mike Beckstead, Chief Financial Officer The budgeted savings of $130k in 2011 will be covered by forecasted underspending with the various funds. We do not need to appropriate an additional $130k due to existing appropriations. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 10) Question from Gerry Horak and Aislinn Kottwitz What is the forecasted General Fund balance at the end of 2011? Response from Mike Beckstead, Chief Financial Officer The forecasted General Fund balance at the end of 2010 was $39.9 million. The actual fund balance at year-end was $40.9 million. For 2011, there was a budgeted use of $4.1 million of reserves which contributed to a 2011 projected General Fund balance of $35.8 million. Based on revenue changes, supplemental appropriations, and departmental underspending, we are now forecasting to end 2011 with a General Fund balance of $38.6 million. In 2012, we originally budgeted to use $400k of General Fund reserves. Based on net changes to forecasted General Fund revenue and the 2012 Budget Revisions, the 2012 year- end General Fund balance is forecasted to be $39.4 million, an increase of $800k over 2011. Page 5 of 8 General Fund Fund Balance Reconciliation amounts in millions Fund Balance 2010 forecast $ 39.9 Fund Balance 2010 actual $ 40.9 2011 Budget Surplus (Deficit) Original (4.1) PO carryforward appropriations (2.4) Supplemental Approriations (5.0) Grant Revenue (supplemental) 1.1 Revenue variance * 4.9 Department savings (underspending) 3.2 2011 forcasted deficit $ (2.3) 2011 Forecasted ending fund balance $ 38.6 2012 Budget Surplus (Deficit) orginal (0.4) Net 2012 Budget Revision impact 1.2 2012 Forecasted ending fund balance $ 39.4 * Includes $2.2 million in Sales & Use Tax revenue greater than budget, as well as updated forecasts for other General Fund revenue items based on October YTD actuals ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 11) Question from Kelly Ohlson Can Old Town Properties contribute to downtown holiday lighting? Response from J.R. Schnelzer, Director of Parks and Bill Whirty, Manager of Parks The City will contact the DDA, DBA and Old Town Properties to determine if other funding options exist. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 12) Question from Kelly Ohlson What is driving the $3.1M increase in Sales Tax in 2012; is it an increase in the base or a change in the % increase; and what is the forecasted increase? Response from John Voss, Interim Finance Director The $3.1 million increase is due to a change in the base. The forecasted increase in Sales Tax from 2011 to 2012 is 1.95%. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Page 6 of 8 13) Question from Kelly Ohlson What rate was the assumed interest income in 2011-12 budget, what is current rate forecasted, when was new forecast developed, why the change? Response from Harold Hall, Investment Administrator The interest rate assumption that was projected in year 2010 for the 2011-2012 budget was: 2011 = 2.25% 2012 = 2.50% The current Interest rate forecast assumption was developed and revised in August 2011 as part of the 2012 Budget Revision Process. 2012 = 1.25% YTD actual interest rate earned in 2011 = 1.42%. Reasons for the downward change in interest rate assumptions: 1) The expected recovery that was projected by economists for the US economy in year 2010 and beyond did not materialize 2) In an attempt to stimulate the economy, the Federal Reserve Bank lowered the Overnight Funds rate to a range of 0% to.25% in December 2008 3) The Federal Reserve is not expected to increase the Overnight Funds rate until mid 2013 or later 4) Because of the financial crisis unfolding in Europe and the continued weakness in the domestic economy investors have flocked to safe investment classes such as Treasury and Agency securities 5) The increase in demand for safe investments has increased their prices and lowered their interest rates to historic lows 6) The City investment policy restricts our investment options to the same fixed income securities that currently have historically low interest rates 7) The City investment portfolio is structured so that maturities are laddered from immediately to as long as 5 years 8) As older higher yielding investments mature they are reinvested at the new lower yields ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 14) Statement from Kelly Ohlson Disagree with the proposed uses of KFCG funds – change all to General Fund where appropriate Response from Mike Beckstead, Chief Financial Officer Those changes have been made and are reflected in the AIS for the October 18 Council Work Session. There is now no requested use of additional KFCG revenue that was not in the adopted 2011-12 budget. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Page 7 of 8 15) Question from Lisa Poppaw How will the new affordable housing/human services dollars be leveraged? Response from Karen Cumbo, Director of PDT and Joe Frank, Advance Planning Director This budget amendment request provides funding for necessary administration costs of the City’s local Affordable Housing and Human Services programs and services. Federal funds are restricted from paying for local program administrative costs. As a result of federal funding reductions, there is only enough funding available for federal program administration. No funds are currently allocated for local program administration. Several factors have led to the need for this budget request. • The City’s Human Services Program and Affordable Housing Fund programs have seen recent marked growth, both in terms of actual dollars and in corresponding administration /implementation resources required. • To date, no local program funds have been allocated to cover the administration costs of the two growing City programs. All funds have been directed to programs. • Federal funds, which until now have always covered oversight of those two City programs, have been cut—impacting the separate funding categories of administration and project financing. There are now only enough federal resources to administer the federal programs. • Federal audits are bringing increased compliance scrutiny. It is inappropriate for federal funds to be used to administer our local programs. This proposal does not add FTEs; it only shifts work responsibilities where most needed. The request also does not use City dollars to cover federal programs and tasks. Lastly, it does not take away program funding for 2012. Those direct service dollars have already been committed and allocated to needed programs and projects. Managers of these local programs continue to seek opportunities to leverage funds with grants and partnerships as they arise. The goal is to maximize service provision to the Community while tracking, reporting and managing cases in a responsible and transparent manner. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 16) Question from Lisa Poppaw and Aislinn Kottwitz Why are there no 2012 Budget Revision Requests that benefit south Fort Collins? Response from Mike Beckstead, Chief Financial Officer The biennial revision process is focused on the City's business needs, as well as the latest forecasts for revenue and expense changes since the original budget was adopted a year ago. It allows for mid course corrections to reflect those changes and a more accurate financial understanding of the second year of the biennial budget. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Page 8 of 8 17) Question from Wade Troxell Is it feasible to fund the Digester Gas Treatment System offer from 2011 in 2012? Response from Link Mueller, Utilities Project Manager and Kevin Gertig, Water Resources and Treatment Operations Manager Since the last BFO process, staff has been working on alternative methods of methane gas usage other than the gas treatment system offered in the 2011/2012 budget. • A CSU graduate team is investigating DWRF’s existing gas production capacity and the potential for utilizing CSU’s waste food as a feed stock for additional gas production. • Staff is participating in Natural Resources’ solid waste analysis to identify other possible waste food sources for gas production • A GEO phase 1 technology grant has been applied for to investigate the installation of micro-turbines at DWRF in the event a stable feedstock supply can be secured Staff recommends that any available enhancement funds for the reclamation plants be applied to the elimination of chlorine gas disinfection • As directed by Council, staff is preparing a ultra-violet (UV) enhancement offer for submission in the 2013-2014 BFO process • A CSU senior design group is working with staff to investigate various ultra-violet disinfection alternatives for DWRF ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Attachment #1A - From the October 11 Work Session Summary Memo Revision Title: Fund: Contact: Cumbo/Jackson Result Area: Package/Offer #: N/A Total Amount: $50,000 Funding Source #1: Funding Amount #1: $50,000 FTE Requested: Description: 2012 BUDGET REVISION REQUEST Regional Planning Assistance None This offer creates a funding source for participation in regional planning opportunities that arise from time to time. Some of these opportunities are regional partnerships that require financial participation. An example of a current funding partnership need is the currently ongoing "Embrace Northern Colorado" effort. Note: These funds are separate and in addition to annual dues allocated for membership in the North Front Range Metropolitan Planning Organization (regional transportation and air quality planning). The cost for this proposal is suggested to be in the $25,000 to $50,000 range, and is requested to come from General Funds. Note: This is a one time (2012) budget amendment request. If accepted, this fund pool would have to be considered as part of the 2013-2014 BFO process as an ongoing expense. 100 - GENERAL FUND Economic Health General Fund Attachment #1B - From the October 11 Work Session Summary Memo Revision Title: Fund: Contact: Cumbo/Dush Result Area: Package/Offer #: N/A Total Amount: $75,000 Funding Source #1: Funding Amount #1: $75,000 FTE Requested: Description: 2012 BUDGET REVISION REQUEST Neighborhood Planning Outreach Specialist (Ombudsman) 1.0 FTE This request funds a new position to act in a liaison role between the City's Current Planning Department and citizens and neighborhood organizations potentially affected by proposed development. This Neighborhood Outreach Specialist would assist citizens throughout the development review planning process. This position is to be housed in the Neighborhood Services Division of CDNS. Specific personnel costs have not been determined yet by CDNS and Human Resources, but it is anticipated that this position is likely to fall in or near the Administrative Professional (AP) level 03. Fully loaded personnel costs may be in the range of $75,000. There may also be additional resources needed for materials, office expenses, etc. Please note that this is a one time budget amendment request. If approved, these costs would be added as ongoing expenses as part of the 2013-2014 CDNS/Neighborhood Services BFO offers. 100 - GENERAL FUND Neighborhood Livability General Fund Attachment #1C - From the October 11 Work Session Summary Memo Revision Title: Fund: Contact: Cumbo/Frank Result Area: Package/Offer #: N/A Total Amount: $50,000 Funding Source #1: Funding Amount #1: $50,000 FTE Requested: Description: 2012 BUDGET REVISION REQUEST Affordable Housing Relocation Assistance None This request creates a pool of funds to provide affordable housing relocation assistance. If deemed appropriate and legal, these funds are intended to serve as matching money to other services and resources provided by the developer and other public agencies (e.g. Larimer County). These funds would be managed by the City's local Affordable Housing/ Human Services programs. Funds would be eligible only for documentable expenses such as, but not limited to, moving expenses, security deposits, first month rent, temporary hotel costs, and food vouchers. General funds are requested for this fund pool. Other funding options could include use of 2012 local Affordable Housing and Human Services program funds. Note: If local AH/HS funds are used for this pool, this would mean fewer resources available to go to other program needs. The City will not receive FY 2012 Federal funds (e.g. Community Development Block Grant) until October 1 and may not be available in time to address immediate relocation needs. Another consideration when contemplating use of federal funds, is the associated regulations and rules that come with federal funding. If these regulations and requirements are not followed, federal funds such as CDBG would not be eligible. Note : This is a one time budget amendment request. If approved, these costs would be added to Advance Planning's ongoing services 2013-2014 BFO offer. 100 - GENERAL FUND Neighborhood Livability General Fund ATTACHMENT #2 Page General KFCG Utility Other Number Adjustment Requested Fund Fund Funds Funds Total Comments Eliminated Requests 36 Below Market Pay Adjustment $139,799 $0 $317,205 $355,386 $812,390 Pulled from consideration by City Manager Perceived Council Support 8 Police Services Ticket Surcharge Officer (1 FTE) $118,709 $118,709 9 Affordable Housing/Human Services $54,499 $54,499 21 Restore Conservation Trust Funds for Trail Construction $546,571 $546,571 25 Development Review - Customer Service Demand (1 FTE) $65,000 $65,000 32 CMO Policy and Project Manager Increase from .8 to 1.0 FTE $29,157 $29,157 34 Mason Corridor Synergies and Support Services $200,000 $200,000 Changed all KFCG funding to General Fund 35 Reorganization Office of Sustainability $91,650 $30,550 $122,200 43 Light & Power Payments in Lieu of Taxes (PILOT) Increase $121,969 $121,969 47 Purchase Power Increase $1,724,505 $1,724,505 49 Water Payments in Lieu of Taxes (PILOT) Increase $88,054 $88,054 54 Water Meter Replacement and Rehabilitation $580,000 $580,000 55 Household Hazardous Waste Community Event $22,000 $22,000 56 Remove Structures from Poudre River Floodway $1,000,000 $1,000,000 57 Master Plan Flood Mitigation Project Property $1,600,000 $1,600,000 58 MIS Email, Blackberry & Smart Phone Services $108,000 $108,000 59 MIS Network Services Resource Support $62,400 $62,400 60 MIS Technology Customer Software Compliance Support $59,488 $59,488 61 MIS Technology Customer Support Restructure $30,709 $30,709 62 Microsoft Office 2010 Software Upgrade $550,000 $550,000 Total by Fund $1,105,586 $0 $5,136,528 $841,147 $7,083,261 Council Discussion 7 Assistant to the City Manager and CPIO (1 FTE) $176,320 $176,320 22 Development Review Succession Planning (1.25 Cont. FTE) $75,341 $75,341 31 PFA Non-Discretionary & Total Compensation Increase $228,926 $228,926 Changed all KFCG funding to General Fund 33 Federal Legislation Analysis and Action $79,414 $79,414 41 Downtown Ice Rink Installation and Removal $40,000 $40,000 Changed all KFCG funding to General Fund 42 Downtown Holiday Lighting $85,000 $85,000 Changed all KFCG funding to General Fund 48 Energy Efficiency Financing Program (.5 FTE) $300,000 $300,000 Total by Fund $685,001 $0 $300,000 $0 $985,001 New Proposals Regional Planning Assistance $50,000 $50,000 As requested by Councilmember Horak Neighborhood Planning Outreach Specialist (Ombudsman) $75,000 $75,000 As requested by Councilmember Horak Affordable Housing Relocation Assistance $50,000 $50,000 As requested by Councilmember Horak $175,000 $0 $0 $0 $175,000 Total Request by Fund $1,965,587 $0 $5,436,528 $841,147 $8,243,262 2012 Budget Revision Request Detail Updated 10/14/2011