HomeMy WebLinkAbout2025 07 14 Budget Workshop_CM PresentationBudget
Workshop
July 14, 2025
Kevin A. Sweet, MPA, ICMA-CM
City Manager
Leadership Team
Department Director’s
Overall Budget Revenues
FY 24/25 FY 25/26
Original Proposed
Budget Budget Change
General 24,656,628 25,262,907 2.5%
Other Governmental 8,684,783 11,660,805 34.3%
Enterprise 18,174,300 27,857,636 53.3%
Sub-Total 51,515,711 64,781,348 25.8%
Appropriations From Fund Balance 18,596,641 15,085,381 -18.9%
Total 70,112,352 79,866,729 13.9%
Based upon an operating millage
assumption of 2.6200 mills, total
revenues and transfers are projected to
increase by 25.8%. Including
appropriations from fund balance, a
total increase of 13.9% is projected.
Other Gov – Timing of ARPA projects,
Solid Waste rate increase, TLBD
increase
Enterprise - SRF Loan proceeds of
$5.4M
Increase in Water, Sewer, Stormwater
Utility rates.
Organization Wide Sources of Funds
Charges for
Service
31.9%
Approp from Fund
18.9%
Ad Valorem Tax
12.5%
Intergovernment
10.8%
Other Taxes
7.3%
Interfund Transfers In
2.6%Franchise Fee
3.4%
Other
4.4%Licenses & Permits
1.3%Loan Proceeds
6.8%
Source % of Total
Charges for Service 31.9%
Approp from Fund 18.9%
Ad Valorem Tax 12.5%
Intergovernment 10.8%
Other Taxes 7.3%
Loan Proceeds 6.8%
Other 4.4%
Franchise Fee 3.4%
Interfund Transfers In 2.6%
Licenses & Permits 1.3%
100.0%
Overall Budget Expenditure
FY 24/25 FY 25/26
Original Proposed
Budget Budget Change
General 26,691,028 26,614,195 -0.3%
Other Governmental 18,054,015 19,140,141 6.0%
Enterprise 25,268,347 33,252,398 31.6%
Sub-Total 70,013,390 79,006,734 12.8%
Appropriations To Fund Balance 98,962 859,995 769.0%
Total 70,112,352 79,866,729 13.9%
Total expenditures and transfers out
are projected to increase by 12.8% in
FY 2026. Inclusive of appropriations
to fund balance, a total increase of
13.9% is projected.
Enterprise – East Plant design $5.4M
loan, timing of capital projects.
Organization Wide Applications of Funds
Personnel
24.7%
Capital Outlay
32.5%
Services
12.2%
Utilities
7.5%
Repair and
Maintenance
9.1%
Debt Service
4.7%
Interfund
Transfers Out
2.6%
Other
5.5%
Approp to Fund
1.1%
Application % of Total
Capital Outlay 32.5%
Personnel 24.7%
Services 12.2%
Repair & Maintenance 9.1%
Utilities 7.5%
Other 5.5%
Debt Service 4.7%
Interfund Transfers Out 2.6%
Approp To Fund 1.1%
100%
Expenditure Highlights
Personnel Costs FY 24/25 FY 25/26
Original Proposed
Budget Budget Change
General 15,057,514 18,163,480 7.30%
Enterprise 3,510,810 3,577,335 1.90%
Total 18,568,324 19,740,815 6.30%
Included is 8% health insurance
premium increase.
Vacancies were re-evaluated,
and job duties re-aligned to
offset costs.
Expenditure Highlights
Operating Costs FY 24/25 FY 25/26
Original Proposed
Budget Budget Change
General 8,525,229 8,121,259 -4.70%
Other Governmental 5,434,453 6,382,437 17.40%
Enterprise 11,974,805 12,891,217 7.70%
Total 25,934,487 27,394,913 5.60%
General Fund - Operating Costs FY 24/25 FY 25/26
Original Proposed
Budget Budget Change
Information & General Gov't 2,612,743 2,566,877 -1.80%
Community Development 1,832,860 1,667,317 -9.00%
Parks & Recreation 1,609,325 1,567,085 -2.60%
Police 1,702,916 1,613,670 -5.20%
Finance 274,911 274,556 -0.10%
Public Works 315,599 265,753 -15.80%
Executive 176,875 166,001 -6.10%
Total 8,525,229 8,121,259 -4.70%
Each director was tasked with
finding even small ways to reduce
operating expenditures such as
moving appropriate expenditures to
other more restrictive funding
sources.
General Fund
Ad Valorem Tax
37.4%
Utility Tax
15.4%
Intergovernment -
Half-Cent
10.6%
Franchise Fee
10.2%
Intergovernment - Rev
Sharing
6.0%
Communication
Service Tax
6.2%
Interfund
Transfers In
3.1%Other
6.0%
Approp from
Fund
5.1%
Source % of Total
Ad Valorem Tax 37.4%
Utility Tax 15.4%
Intergovernment - Half-Cent 10.6%
Franchise Fee 10.2%
Communication Service Tax 6.2%
Intergovernment – Rev Sharing 6.0%
Other 6.0%
Approp from Fund 5.1%
Interfund Transfers In 3.1%
100%
General Fund Sources & Applications
Original
Budget Budget
Source FY 25 FY 26
Ad Valorem Tax $9,420,926 35.3%$9,959,815 37.4%
Utility Tax $3,849,900 14.4%$4,097,048 15.4%
Intergovernment - Half-Cent $3,106,716 11.6%$2,830,000 10.6%
Franchise Fee $2,917,296 10.9%$2,719,800 10.2%
Intergovernment - Rev Sharing$1,813,539 6.8%$1,600,000 6.0%
Communication Service Tax $1,547,394 5.8%$1,650,000 6.2%
Interfund Transfers In $737,008 2.8%$814,908 3.1%
Charges for Service $568,954 2.1%$618,086 2.3%
Miscellaneous $406,000 1.5%$703,950 2.6%
Fines & Forfeitures $99,600 0.4%$100,000 0.4%
Other Taxes $90,000 0.3%$120,000 0.5%
Licenses & Permits $23,200 0.1%$27,000 0.1%
Intergovernment - Other $76,095 0.3%$22,300 0.1%
Approp from Fund $2,034,400 7.6%$1,351,288 5.1%
Total Sources $26,691,028 100.0%$26,614,195 100.0%
% of
Total
% of
Total
Original
Budget Budget
Application FY 25 FY 26
Personnel $15,057,514 56.4%$16,163,480 60.7%
Other Operating $2,481,542 9.3%$2,460,960 9.2%
Repair and Maintenance $2,086,595 7.8%$1,738,710 6.5%
Capital Outlay $1,893,285 7.1%$1,054,456 4.0%
Services $1,586,128 5.9%$1,607,553 6.0%
Interfund Transfers Out $1,215,000 4.6%$1,275,000 4.8%
Supplies $1,018,229 3.8%$941,310 3.5%
Utilities $1,001,739 3.8%$997,298 3.7%
Fuel $275,996 1.0%$300,428 1.1%
Grants & Aids $75,000 0.3%$75,000 0.3%
Approp to Fund $0 0.0%$0 0.0%
Total Applications $26,691,028 100.0%$26,614,195 100.0%
% of
Total
% of
Total
General Fund Fiscal Policy Test
GENERAL FUND FISCAL POLICY TEST
Each year, the General Fund is tested to determine if the fund complies with
three internal fiscal policies/guidelines as follows:
1.That sufficient recurring revenue exist to pay for all recurring costs, thus avoiding the
use of non-recurring revenues and fund balances to fund recurring costs.
2. That sufficient recurring and non-recurring revenues are available to fund
non-recurring costs.
3. That the 25% fund balance policy is being maintained (fund balance equal to or
exceeding 25% of personnel and operating costs).
All three policies are being satisfied for FY 2026
QUESTIONS