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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 08/14/2018 - CITY MANAGER'S 2019-20 RECOMMENDED BUDGETDATE: STAFF: August 14, 2018 Darin Atteberry, City Manager Mike Beckstead, Chief Financial Officer Lawrence Pollack, Budget Director WORK SESSION ITEM City Council SUBJECT FOR DISCUSSION City Manager’s 2019-20 Recommended Budget. EXECUTIVE SUMMARY The purpose of this item is to review the economic, revenue and expense assumptions included in the 2019-20 City Manager's Recommended Budget, which will be delivered to City Council and be available to the public before September 3, 2018. This work session will also provide an overview of the major 2019-20 budget themes and the Council budget meeting schedule during September through November. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED 1. What questions does City Council have about the budget assumptions which are being included in the Recommended Budget? 2. What questions does City Council have regarding the proposed schedule for discussion of the Recommended Budget? BACKGROUND / DISCUSSION Budgeting for Outcomes (BFO) Process Status The 2018 budget process, called Budgeting for Outcomes (BFO), began with the completion of the City’s 2018 Strategic Plan and its adoption by City Council on April 17. The Strategic Plan outlines strategic objectives to be accomplished by budget proposals (offers) included in the 2019-20 Recommended Budget. Each Budget Offer aligns with one or more strategic objectives in the 2018 Strategic Plan. The City Manager’s Recommended Budget is in the process of being finalized and published. It will reflect a balance of ongoing programs and services with enhancements that directly address Council priorities and the strategic objectives in the City’s 2018 Strategic Plan. The City Manager’s 2019-20 Recommended Budget will be delivered to City Council and be available to the public before September 3, 2018. Budget Assumptions The City Manager’s Recommended Budget is being developed on these key assumptions: • Address the Strategic Objectives outlined in the adopted 2018 Strategic Plan • Focus on City Council and community priorities • Continue the high level of service expected by the community The overall City of Fort Collins economy is growing in population; however, the City revenue growth rate is declining, and overall City revenue has been fairly flat over the last several years. The City organization is in a good financial position with healthy fund balances. Sales tax revenue is forecasted to grow at 3% each year, while Use Tax revenue is expected to decline slightly (from $22M in 2018 to $21M and $20M in 2019 and 2020 respectively) based on less development and business investment. In addition, less one-time funding is available in this budget than prior budgets because recent revenue forecasts and budgets have been closer to actuals August 14, 2018 Page 2 resulting is less funding flowing into reserves at year end to be used in the next budget cycle. Staff reviewed assumptions with the Council Finance Committee (CFC) on May 21. City staff monitors all revenue sources carefully and utilized the most current information available to set 2019-20 projected revenues. Additionally, the Utilities Funds proposed rate changes will be discussed during the Council’s budget review process. Significant cost demands to support key services have also contributed to a challenging budget. Modest revenue growth, less one-time funding availability, and the significant cost demands required the Budget Lead Team to develop a Strategic Cost Reprioritization plan to allow funding of ongoing key services and several critical additional services to support community growth. The City Manager’s Recommended Budget is built around several key themes: • Public Safety and Police Staffing • City Assets and Infrastructure • Sustaining Current Levels of Service • Continued Energy Efficiency Efforts • Investing in our Work Force • Keeping up with Growth City Council Budget Meetings The City Council has a series of work sessions scheduled in September and October to discuss the proposed 2019-20 Recommended Budget. Each work session will include staff presentations regarding specific Outcomes and funded initiatives, followed by an opportunity for questions and discussion. Remaining key dates for City Council discussions and public hearings are as follows: Meeting Date Topic September 11, 2018 Work Session Presentations, Questions and Discussion: 1. Neighborhood Livability and Social Health 2. Culture and Recreation 3. Safe Community 4. Economic Health September 18, 2018 Regular Meeting Budget Public Hearing #1 October 2, 2018 Regular Meeting Budget Public Hearing #2 October 9, 2018 Work Session Presentation, Questions and Discussion: 5. Environmental Health 6. Transportation 7. High Performing Government October 16, 2018 Work Session General Discussion - Final Council Direction November 6, 2018 Regular Meeting First Reading of the 2019-20 Biennial Budget and the 2019 Appropriation Ordinance November 20, 2018 City Council Meeting Second Reading of the 2019-20 Biennial Budget and the 2019 Appropriation Ordinance ATTACHMENTS 1. PowerPoint Presentation (PDF) 1 2019-20 Budget Preview August 14, 2018 ATTACHMENT 1 2 Budget Process Net City Budget = $490M in 2018 • Police Services & Poudre Fire Authority • Parks, Recreation, Cultural Services, Natural Areas • Planning, Development, Transportation, Streets, Transit • Sustainability Services – Economic, Environmental, Social • Administrative – City Manager, City Attorney, HR, Finance, IT • Light & Power • Water • Wastewater • Stormwater • Broadband The Process Mar Apr May Jun Jul Aug Sep Oct Nov Budget Time Line & Process Strategic Plan Finalized Budget Proposals Developed BFO Teams Evaluate & Rank City Manager & Ex Team Evaluates & Modifies Council Discussion Public Hearings Budget Adoption Strategic Objectives become the basis for Ranking Budget Proposals Staff develops Budget Proposals to achieve Strategic Objectives BFO Teams (staff & residents) rank proposals Executive Team input to align with Strategic Plan, Council Work Plan & City Priorities City Manager’s Recommended Budget Presented to City Council August 31st We Are Here Finalize Budget Adopted by the end of November 3 Budget Review • Budget Assumption • Budget Themes • Strategy Map & Dashboard Review 4 August September October November 14th 11th • General Discussion and final guidance 9th • Neighborhood & Social Health • Culture & Rec • Economic Health • Safe Community 6th 1st Reading 20th 2nd Reading 16th • Enviro Health • Transportation • High Performing Government 18th 2nd • Budget Public Hearing • Budget Public Hearing Strategic Plan Defines Objectives to be Accomplished • Requested innovative proposals consistent with Strategic Plan Challenging Choices • Flat to Modest Revenue Growth, less One-Time Funding Available • Significant Cost Issues and Funding Priorities • Significant Stop Doing & Reductions Included Recommended Budget • Addresses the Objectives outlined in the 2018 Strategic Plan • Reflects Council and community priorities • Continues high level of service expected by the community 5 Budget Overview 6 Macro Indicators & Assumptions Price of Government 7 Price of Government has been relatively flat since 2013 6.6 6.5 6.4 6.3 6.3 6.6 6.2 6.0 5.6 5.3 5.3 5.7 5.8 5.6 5.6 5.4 5.4 5.5 5.5 - 1 2 3 4 5 6 7 8 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Cents (cents of every dollar earned going to pay for City services, including utilities and golf) 2017-2018 Estimated Sales Tax Rate Comparison 8 Total Fort Collins Sales Tax Rate in the Bottom Third Electric Cost Comparison 9 Fort Collins Electric Rates Very Competitive SANGRE DE CRISTO SAN LUIS VALLEY REA ESTES PARK BLACK HILLS ENERGY DELTA‐MONTROSE EA SAN ISABEL TRI‐COUNTY SE COLORADO PA GUNNISON COUNTY EA EMPIRE EA MOUNTAIN VIEW EA LA PLATA MOUNTAIN PARKS EI GRAND VALLEY RPL INTERMOUNTAIN REA UNITED POWER POUDRE VALLEY REA COLORADO SPRINGS HOLY CROSS EA FOUNTAIN FORT COLLINS ‐ 2019 LOVELAND FORT COLLINS ‐ 2018 MOON LAKE LONGMONT $‐ $20 $40 $60 $80 $100 $120 $140 Residential Electric Cost Comparison (700 kWh per month) 2018 Monthly Utility Cost Comparison 10 Overall, Utility Costs in the Middle Compared with Neighboring Communities Total Revenue 11 Overall, Relatively Flat Revenue Since 2016 Cost Assumptions 2019 2020 General Inflation 2.3% 2.3% Salary Adjustments 3.0% 3.0% Medical and Dental Costs 10.2% 11.4% Gas Prices $2.51 $2.71 / gallon Retirement 403/457 Contributions No Change GERP Supplemental Contribution $1.1M $1.1M Budget Staffing at 98% of Total Cost 12 Moderate Inflation, Compensation Tied to Market, Modest Benefit Cost Increase Utility Rate Assumptions 13 Utility Rate Increase Supports Operating Income and Capital Needs Rate Changes: Actual Actual Budget Budget Utility 2017 2018 2019 2020 L&P 3.45% 1.8% 5.0% 5.0% Water 5.0% 5.0% 0.0% 0.0% Wastewater 3.0% 3.0% 0.0% 0.0% Storm Water 5.0% 0.0% 2.0% 2.0% Note: Additional 0.7% L&P optional rate increase for CAP opportunities to be discussed 14 2019-20 Budget Details Sales & Use Tax Revenue 15 * Excludes Use Tax – Economic Incentives Combined Sales & Use Tax Revenue Growth has Leveled Off Last 4 Years General Fund Ongoing Revenue 16 • Modest Sales Tax growth - 3% • Flat/Declining Use Tax • $21M & 20M for 2019-20 • Property Tax up 11% 2018 & 2% 2019 – 68% goes to PFA • PILOTs up 3.3% • Other Revenue Up 3% Sales Tax Growth, No Growth in Use Tax….Limited Ongoing Revenue 2018 2019 $ Change % Change Total GF Ongoing Revenue $122.8 $128.9 $6.1 5.0% Plus: PT 2018 One‐Time 1.7 Less: PFA IGA (1.9) Net New GF Ongoing Revenue $5.9 4.8% Significant Demands on Available General Fund Ongoing Revenue 17 Excludes Significant PFA Cost Changes Use All New General Fund Ongoing Revenue * Projects include 1) Police Training Facility, 2)Prospect & I-25 Interchange and 3) Lemay Realignment – Debt Service increases to $1.9M in 2020 Available GF Ongoing Revenue $ 5.9 2017/18 Enhancement Offers to ongoing funding 1.3 Debt Service for 3 Capital Projects* 1.2 3.5% Salary Adjustments 1.6 Benefits Cost Increase 1.2 Hourly Classification Changes & SSRM Allocation 0.6 Off Cycle Position (Primarily Development Review) 1.0 Police Overtime to Offset Staff in Training 0.3 Subtotal 7.2 Available After Significant Demands $ (1.3) One‐Time Revenue 18 More Accurate Forecasts & Tighter Budgets….Less One Time Revenue Available • One-Time Available • $36.2M in Prior Budget • $20.4M in Current Budget • Recommended Budget includes partial use of Revenue Contingency - $2.2M Remaining • Develop Revenue Contingency Plan by year- end for review with the Council Finance Committee ($ millions) 2017 2018 2019 2020 Funding Opportunities Included: General Fund Use Tax Above Base $4.4 $4.4 $3.8 $3.2 Use Tax AbovePrior Year Budget (reserves) 4.4 0.0 1.4 0.0 Property Tax 0.0 1.4 0.0 0.0 Allocated Reserves 3.6 5.4 2.0 4.0 Total General Fund $12.4 $11.2 $7.2 $7.2 KFCG Use Tax Above Base $1.7 $1.7 $1.4 $1.2 Allocated Reserves 5.7 3.6 1.7 1.5 Total KFCG $7.3 $5.3 $3.1 $2.7 19 Public Safety Budget History Public Safety Budget Requires Greater Percentage of Overall Budget Strategic Cost Reprioritization Cost Implications ($ Millions) • Cost Reprioritization and Stop Doing $ 1.8 • Defer Vine/Lemay Intersection Improvements 0.8 • PFA Deferred Contribution 0.5 • Conservation Trust Utilized for Park Maintenance 0.4 • Change Salary Adjustment to 3.0% 0.5 • Street Maintenance (maintain standards but fund safety) 0.7 $ 4.7 Staffing # of Positions • Open positions not filled 5 • Additional attrition planned 4 9 20 Strategic Cost Reprioritization Used to Fund Service and Growth Needs Broadband Broadband Included within 2019-20 Budget • Broadband Start-up - Selling, General & Administrative for each year • Phone Cost of Goods Sold in 2020 as ramp up begins • Video service and cost of goods sold to be added later • Capitalized interest payments of $5.8M each year Broadband not Included within the 2019-20 Budget • Capital Costs for Construction of the Network – appropriated at bond issuance • Debt service associate with broadband bonds – debt service begins in 2021 21 Broadband Financial Details Will Be Discussed August 21st & 28th 22 2019-20 Budget Themes Major Themes with 2019‐20 Budget 23 • Public Safety and Police Staffing • City Assets & Infrastructure • Sustaining Current Levels of Service • Continued Energy Efficiency Efforts • Investing in our Work Force • Keeping up with Growth 24 • Police Patrol Staffing & Overtime • Police Training Facility Financing • Additional Staffing & Systems in Muni Court & City Attorney Office • Continued Code Compliance Resources • Safe Routes to Everywhere • Poudre Fire Authority  City provides $500k of in kind services for accounting, HR and IT Strategic Objectives: • 1.5 Foster positive and respectful neighbor relationship and open communication • 1.6 Protect and preserve the quality of life in neighborhoods • 5.1 Improve community involvement, education and regional partnerships to increase the level of public trust and keep the community safe • 5.2 Meet the expected level of core and specialized police services as the community grows • 5.3 Partner with Poudre Fire Authority to provide high-quality fire prevention, community risk reduction and emergency response services Public Safety & Police Staffing 25 • I-25 Prospect Overpass • City Bridge Program • Street Maintenance Program • Street & Intersection Improvements • Pedestrian Sidewalk Improvements • Neighborhood & Community Park Development • Stormwater Design & Improvements • Light & Power Feeder Capacity • Water & Wastewater Project Designs • Broadband Operational Launch Strategic Objectives: • 3.5 Maintain utility systems, services, infrastructure and predictable rates • 3.7 Deploy reliable, high-speed internet services throughout the community • 4.6 Provide a reliable, high-quality water supply • 6.1 Improve safety for all modes of travel • 6.4 Support, enhance and accelerate I25 improvements according to the multi-model environmental impact statement • 6.6 Maintain Level of Service ‘B’ for City streets and the current level of service for medians and associated infrastructure City Assets & Infrastructure 26 Strategic Objectives: • 1.7 Guide development through community planning, historic preservation, and efficient and effective development review • 2.1 Develop recreational and cultural programs with pricing and marketing strategies that drive value, attendance and cost recovery • 2.2 Plan, design, implement and maintain the City’s parks and trail systems • 5.7 Reduce incidents of, and impacts from, disruptive behavior of the transient population • 7.1 Provide world-class municipal services to residents and businesses Sustaining Current Service Levels • Improved Development Review Process • Homeless / Transient Initiatives • Graffiti Program / Humane Society Services • Parks Maintenance & Staffing • Additional Staff Spring Creek Gardens • Police Staffing & Overtime • Street Maintenance Program / Snow & Ice • Business Outreach & Engagement 27 Strategic Objectives: • 4.1 Achieve Climate Action Plan (CAP) 2020 goals and continue progress toward the 2030 goals • 4.4 Achieve the 2020 Road to Zero Waste goals and work toaward the 2030 zero waste goals • 4.8 Protect and enhance natural resources on City-owned properties and throughout the community • 4.10 Expand the Natural Areas land portfolio while simultaneously maintaining existing lands and access to nature Energy Efficiency / Environmental Enhancements • Energy Services Programs • Core Renewable Energy/Efficiency Programs • Wastewater Carbon Reduction • Pollution Control & Water Quality Lab Design • Natural Areas Projects • Household Hazardous Waste Program • Stream Rehabilitation Program • CAP Plan Update • CAP Opportunity Package 28 Investing in the Work Force Strategic Objectives: • 5.6 Optimize the use of data and technology to improve service, protect mission-critical infrastructure and enhance cybersecurity effectiveness • 7.1 Provide world-class municipal services to residents and businesses • 7.2 Promote a values-driven organizational culture that maintains the public trust through ethical behavior and transparency • 7.4 Attract, retain, engage, develop and reward a diverse and competitive workforce to meet the needs of the community now and in the future • Market Based / Competitive Salary • Competitive Benefits with Appropriate Cost Share • Leadership Development Programs • Fall Protection / Arc Flash – Safety Programs • Safety, Security, Risk Management Support • FC Lean • Technology & Systems • Classification Changes 29 Keeping Up with Growth Growth Impact and Cost Drivers • Sales & Use Tax Revenue Supporting General Fund & KFCG – Flat to Modest Growth • Public Safety Costs Increasing as a Total Percentage of Governmental Spend • Police and Fire Staffing & Capital Needs Increasing Greater Than Revenue • Park & Street Median Design Standards Increasing Maintenance Costs • Expanded Facilities & Serivces Increasing Support Costs Next Steps: • Review & Assessment of Service Levels & Design Standards • State Transportation Funding Opportunity • Longer Term Alignment of Revenue & Cost 2018 Council Budget Meetings September 11th Work Session • Neighborhood Livability and Social Health • Culture and Recreation • Economic Health • Safe Community October 9th Work Session • Environmental Health • Transportation • High Performing Government September 18th Council Meeting • Budget Public Hearing #1 of 2 October 2nd Council Meeting • Budget Public Hearing #2 of 2 October 16th Work Session (after Council Meeting) • General Discussion – Final Council Direction November 6th Council Meeting • First Reading November 20th Council Meeting • Second Reading 31 2019-20 Budget Preview Back-up Slides Allocation to Outcome Methodology 32 Excludes Funding PFA Allocations Match to Strategic Objectives and Change Over Time • Strategic Plan & Objectives guide where Offers are aligned • After round 1 of Offer submittal, available funding is allocated across all Outcomes based on: • Available funding allocated based on funding source restrictions • Available Ongoing funding allocated to fund Ongoing Offers first • Available 1-time funding initially allocated as a % of Ongoing Offers • During Budget Lead Team Discussions, funding is moved between Outcomes to fund highest priority initiatives Sales & Use Tax ‐ Revenue Assumptions 33 Sales Tax Up 3% Each Year 2019/2020, …Use Tax of $21M & 20M 2019/2020 ($ millions) 2014 Actual 2015 Actual 2016 Actual 2017 Actual 2018 Forecast 2019 Budget 2020 Budget Sales Tax Sales Tax $101.0 $105.6 $109.3 $111.8 $114.5 $114.5 $117.9 Growth: 3% in 2019, 3% in 2020 3.4 3.5 Sales Tax Revenue $101.03 $105.61 $109.27 $111.79 $114.50 $117.94 $121.47 Use Tax * Use Tax (On-going) $14.5 $14.5 $14.5 $14.5 $14.5 $14.5 $14.5 Use Tax (One-Time) 11.9 14.5 12.2 9.0 7.5 6.5 5.5 Use Tax Revenue $26.4 $29.0 $26.7 $23.5 $22.0 $21.0 $20.0 * Excludes Use Tax Economic Incentives Sales & Use Tax Revenue 34 Sales Tax Revenue Growth has Also Leveled Off Last 5 Years * Excludes Use Tax – Economic Incentives Sales Tax History 35 Use Tax* History 36 * Excludes Use Tax – Economic Incentives 37 Example: On-Going Budget Comparison Staff & BFO Teams Review Core Offers in Detail Budget 2017 FTE Budget 2018 FTE % Inc. (Dec.) Budget 2019 FTE % Inc. (Dec.) Budget 2020 FTE % Inc. (Dec.) NET ONGOING BUDGET (total including additions - 2018 includes only ongoing portion of enhancements) Personnel Services $1,081,930 7.15 $1,137,479 7.15 5.1% $1,178,180 8.15 3.6% $1,225,766 0.00 4.0% Other than Personnel Services $760,614 $806,421 6.0% $903,881 12.1% $915,176 1.2% Total Ongoing Budget $1,842,544 $1,943,900 5.5% $2,082,061 7.1% $2,140,942 2.8% Personnel Services $1,063,930 7.15 $1,103,579 7.15 3.7% Other than Personnel Services $743,614 $738,713 -0.7% Total Ongoing Budget $1,807,544 $1,842,292 1.9% ENHANCEMENT: Expansion of Downtown Maintenance Personnel Services $18,000 0.00 $33,900 0.00 88.3% Other than Personnel Services $17,000 $72,000 323.5% Total Ongoing Budget $35,000 $105,900 202.6% REDUCTION: Fuel Savings ($4,292) Significant Programmatic Changes to Operations (ex. increased workload, policy changes, etc.) - include data if available - 7 1. Utilities will no longer allow Parks to turn off water account billings during the off season. This will increase the water budget by $11,500 in 2019 and 2020. 2. This offer includes conversion of one year round hourly position to a Park Technician. 3. Parks is assuming responsibility for landscape maintenance at the Police Building from Op Services in 2019. Parks: Downtown Landscaping and Maintenance ORIGINAL ONGOING OFFER Original Budget Plus Ongoing Enhancements Other AdjustmentS Example 38 Reflects Prior Year Use of 1-Time for Enhancements Shifting to Ongoing Parks Total Funding All Sources 2019 Total Parks Offers $ 14,592.5 2018 Total Parks Offers 14,065.8 Funding $ Increase $ 526.7 Funding % Increase 3.7% Parks Enhancements & Funding Shifts # Enhancements & Exception Incl 7 $ Enhancements & Exception Incl $ 1,361.5 Reduction in 1 Time Funding $ (592.00) Increase in GF Ongoing Funding $ 984.00 39 Public Safety Budget History Public Safety Budget Requires Greater Percentage of Overall Budget 40 PFA Budgets History PFA Revenue Estimates Exceed IGA Revenue Forecast Significantly Historical Budgeted Use of Reserves 41 Fund 2013 2014 2015 2016 2017 2018 2019 2020 General Fund $4.0 $4.9 $6.2 $6.2 $6.2 $5.1 $3.4 $4.0 Capital Expansion 2.3 0.1 6.6 1.1 - - - 1.4 KFCG 2.6 0.9 2.7 2.8 5.2 4.8 1.7 1.5 Neighborhood Parkland 0.8 1.1 - - 0.8 1.2 1.4 - Natural Areas 0.4 - 0.2 - 0.6 1.3 0.3 - Transit 0.1 0.1 0.5 0.6 0.4 0.4 0.1 - Street Oversizing - - - - 0.9 1.1 5.4 0.2 Transportation 0.6 0.2 1.3 0.5 1.4 2.8 2.2 2.6 L&P 6.3 7.1 6.1 8.2 9.5 4.5 0.3 - Water 3.2 4.6 - 7.4 1.1 1.0 - - Wastewater 1.5 0.7 - 3.5 1.3 6.8 - - Stormwater - - 1.4 0.1 1.3 1.1 - - Self Insurance 0.6 0.6 0.3 0.3 - - 0.0 0.1 Data & Communications 0.5 - 0.3 0.2 1.7 0.2 0.9 0.5 Benefits 1.7 1.6 0.2 0.2 - - - 0.6 CSA 0.7 0.7 0.4 0.5 - 0.1 0.3 0.2 All Other Funds 4.8 0.8 2.7 1.2 1.7 1.7 2.6 0.9 Grand Total $30.1 $23.5 $28.8 $32.7 $32.1 $32.1 $18.6 $12.0