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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 11/03/2009 - SECOND READING OF ORDINANCE NO.112, 2009, BEING THORDINANCE NO. 112, 2009 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 2010; ADOPTING THE BUDGET FOR THE FISCAL YEARS BEGINNING JANUARY 1, 2010, AND ENDING DECEMBER 31, 2011; AND FIXING THE MILL LEVY FOR FISCAL YEAR 2010 WHEREAS, the City Manager has, prior to the first Monday in September, 2009, submitted to the Council a proposed budget for the next ensuing budget term, along with an explanatory and complete financial plan for each fund of the City, pursuant to the provisions of Article V, Section 2, of the City Charter; and WHEREAS, within ten days after the filing of saidthat proposed budget estimate, the City Council set September 15 and October 6, 2009, as the dates for the public hearings thereon and causedpublished notice of suchthe public hearings to be given by publication pursuant to Article V, Section 3, of the City Charter; and WHEREAS, the public hearings were held on those dates and persons were given the opportunity to appear and object to any or all items and estimates in the proposed budget; and WHEREAS, Article V, Section 4, of the City Charter requires that, before the last day of November of each fiscal year, the City Council adopt the budget for the ensuing term by ordinance and appropriate such sums of money as the City Council deems necessary to defray all expenditures of the City during the ensuing fiscal year; and WHEREAS, Article V, Section 5, of the City Charter provides that the annual appropriation ordinance shall also fix the tax levyinclude the levy in mills upon each dollar of the assessed valuation of all taxable property within the City, such levy representing the amount of taxes for City purposes necessary to provide for payment during the ensuing fiscal year for all properly authorized expenditures to be incurred by the City; and WHEREAS, Article XII, Section 6, of the City Charter permits the City Council to fix, establish, maintain, and provide for the collection of such rates, fees, or charges for water and electricity, and for other utility services furnished by the City as will produce revenues sufficient revenues to pay into the General Fund in lieu of taxes on account of the City-owned utilities such amount as may be established by Councilto fund the business operations of the utilities and satisfy certain other obligations specified therein. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. Budget a. That the City Council has reviewed the City Manager's 2010-2011 Recommended Budget, a copy of which is on file with the office of the City Clerk, and has approved certain amendments thereto. b. That the City Manager’s 2010-2011 Recommended Budget, as amended by the Council, is hereby adopted, in accordance with the provisions of Article V, Section 4, of the City Charter and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the City Manager to reflect actual revenues and expenditures for the fiscal year 2009. c. That the adopted budget, as amended, shall be maintained in the office of the City Clerk and identified as “The Budget for the City of Fort Collins for the Fiscal Years Ending December 31, 2010, and December 31, 2011, as Adopted by the City Council on November 3, 2009.” Section 2. Appropriations. That there is hereby appropriated out of the revenues of the City of Fort Collins, for the fiscal year beginning January 1, 2010, and ending December 31, 2010, the sum of FIVE HUNDRED EIGHT MILLION SIX HUNDRED THIRTY EIGHT THOUSAND NINE HUNDRED THIRTY-ONE DOLLARS ($508,638,931) FOUR HUNDRED NINETY- SEVEN MILLION EIGHT HUNDRED SEVENTY-NINE THOUSAND FOUR HUNDRED SEVENTY-SIX DOLLARS ($497,879,476) to be raised by taxation and otherwise, which sum is deemed by the City Council to be necessary to defray all expenditures of the City during said budget year, to be divided and appropriated for the following purposes, to wit: GENERAL FUND $102,080,629 ENTERPRISE FUNDS Golf $2,893,193 Light & Power Operating Total .............................................................................. 101,542,097 Capital: Electric Substations 4,404,000 Southwest Annexation Electric System 1,300,000 Advanced Metering Infrastructure (AMI) 8,739,500 Capital Total………………………………………...14,443,5005,704,000 Total Light & Power ...................................…………………………….............. ……………………… .115,985,597107,246,097 -2- Storm Drainage Operating Total .................................................................... 11,317,487 Capital: Old Town Basin Improvements 500,000 Canal Importation Basin Improvements 2,840,000 Drainage & Detention System Replacement 370,000 Service Center Improvements 50,935 Stormwater Developer Repays 95,000 Stormwater Master Plan 400,000 Vacuum Truck for Waste Disposal 150,000 Capital Total .............................................................................. 4,405,935 Total Storm Drainage ................................................................................................ 15,723,422 Wastewater Operating Total ............................................................................... 18,828,306 Capital: Collection System Replacement 1,540,000 Collection System Study 100,000 DWRF Improvements 265,000 Flow Monitoring Stations 100,000 MWRF Improvements 150,000 Service Center Improvements 297,374 Sludge Disposal Improvements 150,000 Water Reclamation Replacement Program 1,685,000 Capital Total .............................................................................. 4,287,374 Total Wastewater ....................................................................................................... 23,115,680 Water Operating Total ................................................................................ 27,965,806 Capital: Advanced Metering Infrastructure (AMI) 2,000,000 Cathodic Protection 170,000 Distribution System Replacement 2,525,000 Halligan Reservoir Enlargement 190,000 Service Center Improvements 105,938 Water Production Replacement Program 1,795,000 Water Supply Development 100,000 Capital Total .............................................................. 6,885,9384,885,938 Total Water ....................................................……………………………34,.. ………………………………… 851,74432,851,744 TOTAL ENTERPRISE FUNDS $ 192,569,636$181,830,136 -3- INTERNAL SERVICE FUNDS Benefits $20,321,405 Data & Communications 8,896,746 Equipment 9,420,341 Self Insurance 3,292,964 Utility Customer Service & Administration 16,649,37816,629,423 TOTAL INTERNAL SERVICE FUNDS $ 58,580,83458,560,879 SPECIAL REVENUE FUNDS Capital Improvement Expansion Fund $ 904,354 Capital Leasing Corporation Fund 5,344,893 Cemeteries 719,570 Cultural Services 3,765,285 Debt Service 358,365 General Employees' Retirement 2,760,423 Natural Areas Fund 8,571,164 Perpetual Care 55,435 Recreation 6,885,023 Sales and Use Tax 73,624,048 Street Oversizing 4,558,731 Timberline/Prospect SID 122,970 Transit Services 11,309,638 Transportation Services 27,683,360 TOTAL SPECIAL REVENUE & DEBT SERVICE FUNDS $146,663,259 CAPITAL IMPROVEMENT FUNDS General City Capital Bryan Bridge Replacement $ 137,940 City Bridge Program 1,800,000 Police Facility 750,000 Railroad Crossing Replacement 100,000 TOTAL GENERAL CITY CAPITAL $ 2,787,940 1/4 Cent - Building on Basics Administration $ 21,952 Bicycle Program Plan Implementation 125,000 Lincoln Center Renovation 3,270,441 Museum/Discovery Science Center 273,213 Pedestrian Plan and ADA Improvements 300,000 TOTAL 1/4 CENT - BUILDING ON BASICS $ 3,990,606 -4- Conservation Trust Fund Administration $ 235,604 Fossil Creek Trail 50,000 Open Space Acquisition 10,000 Trail Acquisition, Development & Repair 350,000 Transfer to General Fund-Parks Maintenance 730,146 Tri-City Trails 30,000 TOTAL CONSERVATION TRUST FUND $1,405,750 Neighborhood Parkland Fund Administration $ 395,277 New Park Site Development 150,000 Park Site Equipment 15,000 TOTAL NEIGHBORHOOD PARKLAND FUND $ 560,277 TOTAL CITY FUNDS $508,638,931497,879,476 Section 3. Mill Levy a. That the 2010 mill levy rate for the taxation upon each dollar of the assessed valuation of all the taxable property within the City of Fort Collins as of December 31, 2009, shall be 9.797 mills, which levy represents the amount of taxes for City purposes necessary to provide for payment during the aforementioned budget year of all properly authorized expenditures to be incurred by the City. b. That the City Clerk shall certify this levy of 9.797 mills to the County Assessor and the Board of Commissioners of Larimer County, Colorado, in accordance with the applicable provisions of law, as required by Article V, Section 5, of the Charter of the City of Fort Collins. -5- Introduced, considered favorably on first reading, and ordered published this 20th day of October, A.D. 2009, and to be presented for final passage on the 3rd day of November, A.D. 2009. _________________________________ Mayor ATTEST: _____________________________ City Clerk Passed and adopted on final reading on the 3rd day of November, A.D. 2009. _________________________________ Mayor ATTEST: _____________________________ City Clerk -6- DATE: November 3, 2009 STAFF: Darin Atteberry Mike Freeman AGENDA ITEM SUMMARY FORT COLLINS CITY COUNCIL 29 SUBJECT Second Reading of Ordinance No.112, 2009, Being the Annual Appropriation Ordinance Relating to the Annual Appropriations for the Fiscal Year 2010; Adopting the Budget for the Fiscal Years Beginning January 1, 2010, and Ending December 31, 2011; and Fixing the Mill Levy for Fiscal Year 2010. STAFF RECOMMENDATION Staff recommends adoption of the Ordinance on Second Reading. FINANCIAL IMPACTS This Ordinance represents the annual appropriation for fiscal year 2010, and adopts the total City budget for fiscal year 2010 at $508.6 million497.9 million and for fiscal year 2011 at $507.3 million497.8 million. This Ordinance also sets the City mill levy at 9.797 mills, unchanged since 1991, for fiscal year 2010. EXECUTIVE SUMMARY The Annual Appropriation Ordinance is presented for Second Reading. This Ordinance sets the City Budget for the two-year period of 2010–2011. The approved budget becomes the City’s Council financial plan for the next two fiscal years. BACKGROUND / DISCUSSION For clarity, we are providing an amended red-line strike-out version of the First Reading Agenda Item Summary for Council consideration of the Budget on Second Reading. Please note that the only changes are to add $75,000 for Affordable Housing and remove $10,759,455 for AMI. This biennial budget represents the work of many dedicated individuals who came together to participate in the budget process. Since 2005, the City has used the Budgeting for Outcomes (BFO) process. BFO has a number of advantages over traditional budgeting approaches; the BFO process helps the City meet several important goals, including: • Create clarity about the overall budget process for the community; • Allocate revenues to the highest priorities and outcomes citizens want and need; • Understand the choices for funding programs and services; and • Emphasize staff accountability, efficiency, innovation and partnership. Using this approach, City Council and staff worked in close collaboration over the past two months to build a financial plan, based on revenue available, that will achieve service outcomes which matter most to our citizens and community. This work has resulted in the development of the Final 2010-2011 Budget. The approval of the Appropriation Ordinance on First Reading represents a major milestone in this process. As the budget development process began in April 2009, City Council and staff met on several occasions to outline goals and assumptions for developing the recommended budget. Council was actively engaged in the development and approval of the seven Key Outcomes that have shaped this budget. November 3, 2009 -2- ITEM 29 Economic Health Fort Collins has a healthy, sustainable economy reflecting the values of our unique community in a changing world. Environmental Health Fort Collins promotes, protects and enhances a healthy and sustainable environment. Safe Community Fort Collins provides a safe place to live, work, learn and play. Neighborhood Livability Fort Collins fosters and supports a variety of quality neighborhoods. Cultural and Recreational Opportunities Fort Collins encourages and provides diverse cultural and recreational opportunities. Transportation Fort Collins provides for safe and reliable multi-modal travel to, from, and throughout the City. High Performing Government Fort Collins exemplifies an efficient, innovative, transparent, effective and collaborative city government. Budget Highlights The 2010-11 Final Budget is a financial and service plan linked to the seven key outcomes and results that matter most to Fort Collins citizens. Some key highlights of the City Budget include: 1. The total budget for all City funds for 2010 is $508.6 million and $507.3 million497.9 million and $497.8 million for 2009. 2. The budget includes no tax increase. 3. Sales and Use tax revenue accounts for approximately 55 percent of the General Fund revenue collected annually. This tax revenue is projected to increase by 1% in 2010 with a slightly larger increase in 2011 of 2%. 4. The projected Utility rate increases for 2010 to fund operations and maintain minimum reserves are Wastewater a 10% increase; Electric a 9.5% 7.4% increase; Water a 3% increase; and, Stormwater no increase. 5. The budget will reduce classified, unclassified, and contractual City staff by a total of 10.20 full time equivalent positions. The estimated reduction in hourly staff is 12.45 full time equivalent positions. November 3, 2009 -3- ITEM 29 Budget Assumptions Total Budget (In Millions) 2009 2010 % Change 2011 % Change Operating $460.3 $429.9 -6.6% $442.3 2.9% Debt $27.4 $21.0 -23.4% $20.3 -3.3% Capital $84.8 $57.7 -32.0% $44.7 -22.5% Total City Appropriations $572.5 $508.6 -11.2% $507.3 -0.3% Less Internal Service Funds -$62.6 -$58.1 -7.2% -$58.9 1.4% Less Transfers to Other Funds -$114.6 -$99.4 -13.3% -$99.2 -0.2% Net City Budget $395.3 $351.1 -11.2% $349.2 -0.5% Total Budget (in millions) 2009 2010 % Change 2011 % Change Operating $460.7 $430.9 -6.5% $442.7 2.7% Debt $27.5 $21.3 -22.5% $21.1 -0.9% Capital $84.8 $45.7 -46.1% $34.0 -25.6% Total City Appropriations $573.0 $497.9 -13.1% $497.8 0.0% Less Internal Service Funds -$62.6 -$58.1 -7.2% -$58.9 1.4% Less Transfers to Other Funds -$114.6 -$97.7 -14.7% -$99.1 1.4% Net City Budget $395.8 $342.1 -13.6% $339.8 -0.7% November 3, 2009 -4- ITEM 29 Some of the key assumptions used in developing the Final Budget include: 1. Limited revenue growth for 2010 and 2011 Despite the collective signs of impending recovery, the turbulent economic conditions of 2009 will likely persist into 2010. Most experts agree that the recovery will occur gradually with sectors of the economy enduring a lasting reduction in output and employment. The 2010-2011 Budget, therefore, employs conservative assumptions of growth that reflect a cautiously-optimistic outlook for the next two years. 2. Use of reserves Approximately $2.5 million in General Fund reserves was used to balance the 2010 budget and $1.0 million in the 2011 Budget. Reserves are used primarily for one-time projects. At its October 13 Work Session, Council gave staff direction to include an additional amount of resources from General Fund reserves in the Appropriation Ordinance being considered on First Reading. By using approximately $200,000 in additional reserves, the balance in the General Fund reserve accounts would remain above the recommended level of 60 days Reserve (16.67% of General Fund expenditures). 3. Public Safety needs, Economic Health and Environmental Health issues are funding priorities This budget focuses on the City Council and community priorities. In spite of limited revenue, this budget maintains funding levels for Police and Fire Services. It also maintains funding and provides additional staff resources (through the partnership between Natural Areas and Utilities) for key environmental programs such as the Climate Action Plan implementation, ClimateWise, and Utilities of the 21st Century. Economic Health programs are also maintained including support for economic clusters, support of the Rocky Mountain Innovation Initiative, and the next phase of the “one-stop shop” for Community Development and Neighborhood Services. 4. Employee salary adjustments No merit-based pay increases are budgeted for City employees in 2010. Adjustments to the City Manager’s Recommended Budget City Council held its last budget work session on October 13, 2009. At the work session, Council provided input and direction on budget items that fell into three categories: 1. Items now included in the budget 2. An item included in the budget needing further discussion 3. Items discussed but are not in the budget November 3, 2009 -5- ITEM 29 *The quiet zone rail study offer was originally funded in the City Manager’s recommended budget. Staff is recommending that those funds be used instead to reinstate the Code Enforcement positions and restore cuts from the air quality program. Further, between first and second reading, staff identified savings that resulted in an increase of only $8,000 for the Air Quality Program for 2010. **The liquid de-icer offer is fully funded. The budget includes the incremental $25,000 that will be combined with $80,000 already budgeted for ice control materials for a total of $105,000. November 3, 2009 -6- ITEM 29 Staff is seeking confirmation that City Council wishes to fund these items. Throughout the budget deliberation process, there have been concerns expressed about the timing of funding the Advanced Metering Infrastructure (AMI) project, given the rate impact of 2% needed to fund it. While there have been concerns expressed about the AMI program, there have also been discussions about how this effort is linked with the Climate Action Plan and is a significant strategy for assisting in carbon reduction. Staff is prepared to discuss this program in more detail during the City Council deliberation on the budget. Ultimately, staff is seeking direction on whether or not City Council supports funding the AMI program in 2010. Other Items Considered by City Council at its October 13, 2009 Work Session Additionally, several Council members expressed a desire for further discussion about the following item 1. Historic Preservation Planner Position In order to minimize the impact of reducing one Historic Preservation planner, staff has identified the following methods to help backfill the loss: • Train existing staff planners on the more routine questions • Devote .2fte of a planning tech to perform research and administrative functions • Look at reducing the LPC meetings from 2 per month to 1 per month Additionally, staff is concluding a Historic Preservation Process Improvement Study that is scheduled for the October 27, 2009 City Council Work Session. Some of the recommendations in this study include process improvements that will produce efficiencies and assist in freeing up time. 2. Crossroads Safehouse City Council provided direction to the City Manager to continue to seek funding alternatives for this critical community service in lieu of including funds within the budget. 3. Affordable Housing Program At an average subsidy of between $7,500 and $10,000 per unit, the loss of $200,000 in the City’s Affordable Housing Fund means a loss of the ability to help build/rehab between 20 to 27 affordable housing units. Affordable Housing Fund dollars also help leverage additional financial resources at ratios that range from 8:1 to 76:1, depending upon the type of project. Please note that between first and second reading of the budget, the majority of the City Council requested that an additional $75,000 be added to the offer. SEE TABLE ON PAGE 5. 4. Railroad Quiet Zone Study The City Manager’s recommended budget included $100,000 to conduct a quiet zone study from Laurel Street to the southernmost boundary of the City. This offer was subsequently not funded so that Code enforcement positions could reinstated and funds reduced for the air quality program could be reinstated. November 3, 2009 -7- ITEM 29 5. Advanced Metering Infrastructure (AMI) Given City Council’s sensitivity to the rate increase for AMI and the viability of debt financing, staff recommends that City Council not consider AMI as part of the budget ordinance and direct the City Manager to come back with a proposal to formally consider debt financing for the AMI project. Staff expects that we can present a debt financing proposal in December. At Council's direction, any proposal that staff considers will not be dependent on an additional rate increase for AMI in 2010. Conclusion The 2010-2011 Final Budget is a sound financial plan to deliver the services we believe our citizens value most. Due to limited resources, it does not, however, fully meet the demand for services that citizens need and expect. However, the Budgeting for Outcomes process has enabled us to focus and apply the resources available to key community outcomes. Citizens will receive excellent value for their tax dollars. Any final amendments agreed to by Council will be included in the second (and final) reading of the budget ordinance on November 3, 2009. By Charter, the Budget must be adopted and appropriations for the 2010 fiscal year must be approved by November 30.