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HomeMy WebLinkAbout2024 Annual Budget Report - tnt City of Oak Park Heights 2024 Annual Budget Page 1 2024 Annual Budget Table of Contents City Officials 3 Budget Process 4 General Fund Revenues 6 General Fund Expenditures 8 Tax Levies, Tax Capacity and Tax Capacity Rate 9 Debt Service Funds 14 Budgeted Projects Fund 14 Exhibit A- General Fund Expenditure Budget Summary 16 Page 2 Oak Park Heights City Officials Position Term Expires Mayor Mary McComber 12/31/2024 Councilmember Chuck Dougherty 12/31/2024 Councilmember Mike Liljegren 12/31/2026 Councilmember Mike Runk 12/31/2024 Councilmember Carly Johnson 12/31/2026 City Staff Jacob Rife – City Administrator Betty Caruso – Finance Director Stephen Hansen – Police Chief Andrew Kegley– Public Works Director Consultants City Auditor - Redpath and Company Kevin Sandstrom – City Attorney, Eckberg, Lammers Lee Mann – City Engineer, Stantec Page 3 Budget Process The annual budget process is a thorough review of all City revenues and expenditures for the current and upcoming year. There are many uncontrollable factors the City must comply with that affect both the amount of revenues the City receives and the amount the City must expend in order to provide the current level of services. There are also numerous unfunded mandates the City must comply with, such as: Revenues  Tax exempt property – City must still maintain police/fire protection, streets, etc.  Limitations of local special assessments.  Local improvement feasibility reports requirements.  Limitation of maximum penalties and fines for ordinance violations.  Truth in taxation requirements.  Limitation on fees for licenses, i.e. off-sale and Sunday on-sale liquor, fireworks. Expenditures  Pay equity, implementation and reporting.  Worker’s compensation.  Public pensions.  Continuation of health and life insurance coverage.  Prevailing wages paid on public contracts.  Veteran’s preference.  Mandatory binding arbitration for employee classes such as police and firefighters.  Various public safety requirements i.e. Peace officer standards and training, confined space entry, suspense file reduction, tobacco compliance checks.  Building code administration and limits to permit fees for minor improvements.  Numerous environment requirements i.e., wastewater treatment standards Wetland Conservation Act, recycling programs, waste collection practices, drinking water standards, surface water management plans, Federal Clean Water Act, Wellhead Protection, Wastewater permit requirements, and storing of hazardous substances reporting.  Planning requirements for land use, zoning, building codes. ● Comprehensive plan updates.  Conducting elections including paying judges, absentee ballots and recounts.  Record keeping requirements for Data Practices Act and retention schedules.  Competitive bidding.  Open Meeting Law notices, agendas and minutes.  Various financial reporting requirements, i.e. budget, audit reports, TIF reports, building inspection fee reporting, business subsidy reports, outstanding debt reports, continuing disclosure reports. Page 4 Budget Process The City Council and staff engage in a thorough budget process each year in order to present a fair and balanced budget for the citizens of Oak Park Heights. 1. The annual budget process commences in June/July of each year with the Finance Director distributing budget worksheets to the department heads for completion. The City Council is requested to inform the Finance Director of any special requests they may have for the budget. 2. The department heads determine the anticipated expenditures and budget requests for the upcoming year. These requests are submitted to the Finance Director and Administrator for review by the end of July. 3. The Finance Director compiles a draft of the preliminary budget and submits it to the City Council. 4. The City Council schedules workshops for discussion and review of the preliminary budget. There are usually 2 to 3 workshops held during the month of August and the first week in September. All workshops are public meetings and the public is welcome to attend. 5. After all input and requests have been considered, the Finance Director makes revisions to the preliminary budget and submits it to Council for approval of the proposed budget and tax levy. Per Minnesota State Statute this must be completed and certified to the County no later than September 30. 6. The City Council sets the date for the Truth in Taxation meeting requirements. The City is required to hold a meeting in which the public is allowed to speak and the budget and levy is discussed. The hearing may be a part of a regularly scheduled meeting. The dates must be certified to the County no later than September 30. 7. Council conducts additional workshops to discuss any additional changes to the budget due to updated revenue and/or expenditure information, i.e. insurance rates, contract fees, etc. 8. The Truth in Taxation meeting is held between November 25 and December 28. 9. The final budget and levy must be certified to the County by December 28, 2023 and to the Minnesota Department of Revenue after the levy is adopted. Page 5 2023/20242023/2024 20202021202220232024BudgetBudget ActualActualActualBudgetBudgetInc (Dec)% Taxes Operations$ 4,684,194 $ 5,112,012 $ 5,455,373 $ 5,758,260 $ 6,101,680 343,420 5.96% Debt Levy 579,000 579,000 579,000 579,000 575,000 (4,000) -0.69% Total Taxes$ 5,263,194$ 5,691,012$ 6,034,373$ 6,337,260$ 6,676,680$ 339,4205.36% Over (Under ) Tax Collcetions-actual 1,424 (3,428) (10,017) - - -0.00% Tax Abatements (25,296) (22,069) (102,148) - - - 0.00% Other Taxes 68,880 77,695 73,722 79,000 83,500 4,500 5.70% Business Licenses-Permits 33,612 42,110 50,200 38,550 45,120 6,570 17.04% Non-Business Licenses-Permits 143,116 113,616 127,804 80,500 60,500 (20,000) -24.84% Fines & Forfeits 35,753 42,518 26,800 28,000 28,000 - 0.00% Intergovernmental Revenues 481,658 185,517 126,012 111,750 195,200 83,450 74.68% Charges for Services 32,077 41,605 43,808 32,200 31,300 (900) -2.80% Miscellaneous Revenues 147,515 216,487 168,248 136,000 177,340 41,340 30.40% Other Income - 3,999 - - 0.00% 918,739 698,050 504,429 506,000 620,960 114,96022.72% Use of Fund Balance - - - - 51,000 51,000 Total Revenues$ 6,181,933$ 6,389,062$ 6,538,802$ 6,843,260$ 7,348,640$ 505,380 7.39% General Fund Revenues The City relies on tax revenue to fund the City’s budget. Other sources of revenues are limited due to the nature of city business. State and Federal government regulations limit the ability to raise additional revenues, such as charges for licensing and permits. The Proposed 2024 budget is supported by a $6,676,680 tax levy or 90.9% of the total revenue budget. Some factors affecting revenues are:  Decreases in Building permits is projected based on the expected growth and development for 2024  Intergovernmental Revenue increase due to a new State Revenue - Local Government Aid.  Other Revenue, includes funding for the School Liaison Officer and overtime bill backs for our officers working for various school activities and commercial requests. Increases are reflective of current trends. The following is a summary of the revenue dollars which fund the city operations from 2020 through budgeted 2024. General Fund Revenue Summary The Debt tax levy is budgeted for in the General Fund and transferred to Debt Service Funds to make the debt payments for the various bond issues. For 2024, the Debt levy of $575,000 was added to General Fund Levy with a corresponding transfer expenditure of $575,000 to the debt service funds. The total 2024 Revenue Budget is $7,348,640. This is an increase of 7.39% or $505,380 compared to the 2023 Revenue Budget. The 2024 Tax Levy of $6,676,680 is an increase of $339,420 or 5.36% increase compared to the 2023 Tax Levy of $6,337,260. Page 6 ActualActualActualBudgetBudget Revenue Source20202021202220232024 Taxes (Includes Other Taxes)86.25%90.29%93.41%93.76%91.99% Taxe Abatements-0.41%-0.35%-1.56%0.00%0.00% Licenses/Permits 2.86%2.44%2.72%1.74%1.44% Fines & Forfeits 0.58%0.67%0.41%0.41%0.38% Intergovernmental Revenue 7.79%2.90%1.93%1.63%2.66% Charges for Services 0.52%0.65%0.67%0.47%0.43% Other Revenue 2.39%3.39%2.57%1.99%2.41% Use of Fund Balance----0.69% The following chart shows the percentage of revenue sources to fund the 2020 through 2024 budget or actual expenditures for the peiods. Tax Abatement adjustments from the county for commerical properties during 2020– 2022 have reduced the amount of revenue that the city collects annually. The total amount of abatments for 2023 is not reflected in the above percentages nor in the revenue summary as the total amount is unknown at this time. However, major adjustments could be forthcoming due to the large petitions filed at the County by property owners. The City is prepared to fund some of the abatements with a designated portion ($100,000) of the fund balance to provide revenue should large abatements may be granted by the County. Page 7 2023-2024 20202021202220232024INCREASE ACTUALACTUALACTUALBUDGETBUDGET(DECREASE)% EXPENDITURE CATEGORY GENERAL GOVERNMENT$1,457,641$1,452,699$1,580,645$1,720,145$1,839,420$119,2756.93% PUBLIC SAFETY 1,878,943 1,863,765 2,015,117 2,294,870 2,372,570$77,7003.39% PUBLIC WORKS 318,391 362,454 506,788 409,195 480,450 $71,25517.41% PARKS 142,456 154,497 137,636 205,850 213,400 $7,5503.67% SANITATION 236,280 241,857 246,910 319,600 377,300 $57,70018.05% TOTAL GENERAL OPERATIONS$4,033,711$4,075,272$4,487,096$4,949,660$5,283,140$333,4806.74% CAPITAL IMPROVEMENT$1,986,912$1,241,665$1,299,050$1,314,600$1,425,000$110,4008.40% TRANSFER-LGA FUND 65,700$65,700- DEBT$579,000$579,000$579,000$579,000$575,000($4,000)-0.69% TOTAL TRANSFERS$2,565,912$1,820,665$1,878,050$1,893,600$2,065,700$172,1009.09% TOTAL EXPENDITURES$6,599,623$5,895,937$6,365,146$6,843,260$7,348,840$505,5807.39% General Fund Expenditures The Proposed 2024 budget for General Fund Expenditures is $7,348,840. This includes expenditures for operations and transfers for capital projects and debt service. The 2024 operations budget is $5,283,140 as compared to the 2023 operating budget of $4,949,660, a 6.74% increase. Transfers for Debt Service and Capital Projects for 2023 are $2,000,000 which compares to $1,893,600 for 2023 a 5.62% increase. Additionally, the expenditures include a transfer of the Local Government Aid (new state revenue for 2024) of $65,700 to the fund balance to be considered in future budgets for the use in the loss of revenue or the increase in expenditures due to the decreases of the Public Utility Value. The transfer for 2024 includes the increase of $130,000 for funding the trail program which includes mill and overlay and replacement of the city’s pathways. This project is planned for the next 5 years. Other increases in the Transfers is for funding and maintaining the Street Maintenance Fund, for the future mill and overlay and seal coating of many of the City roadways over the next several years. The Capital Transfers includes funding for the City’s purchase and replacement of equipment, buildings, and vehicles. This annual funding forgoes the city from issuing debt and incurring additional expenses for interest/financing for the capital improvements and equipment. The following is a Summary of Actual and Budgeted Expenditures by category for 2020 through 2024. For a list of department expenditures see Exhibit A- 2024 General Fund Expenditure Budget Summary. The General Fund Operations Expenditures are distributed as follows. (This is reflective of operations only and does not include the transfers to other funds.) Page 8 20202021202220232024 ACTUALACTUALACTUALBUDGETBUDGET EXPENDITURE CATEGORY GENERAL GOVERNMENT36.14%35.65%35.23%34.75%34.82% PUBLIC SAFETY46.58%45.73%44.91%46.36%44.91% PUBLIC WORKS7.89%8.89%11.29%8.27%9.09% PARKS AND RECREATION3.53%3.79%3.07%4.16%4.04% SANITATION5.86%5.93%5.50%6.46%7.14% TOTAL GENERAL OPERATIONS100.00%100.00%100.00%100.00%100.00% The chart below indicates where the City has or expects to incur its operational expenditures in the 2020-2024 years. Tax Levies, Tax Capacity and Local Tax Rate Tax Levies The proposed payable 2024 levy for the City of Oak Park Heights that was submitted to Washington County for the TNT parcel specific notices was $6,676,680. No changes have been made to the budget since the preliminary adoption of the tax levy. The tax levy of $6,676,680 includes the amount for operations of $6,101,680 and the general obligation debt levies of $575,000. Beginning in 2012 the City included the total Special Debt Levy in the General Tax Levy as a planning strategy should levy limits be implemented by the state. This would allow the City to build its tax base from which levy limits are calculated on. The comparison levy for 2023 and 2024 is as follows: (Decrease) 2023 2024 Increase General Fund $5,785,260 $6,101,680 $343,420 Debt Levy added to Gen Fund 579,000 575,000 $ (4,000) Total General Fund Levy $6,337,260 $6,676,680 $339,420 A Summary of the proposed increase of the levy for 2024 is made up of the following changes as compared to the 2023 Budget: Page 9 2024 PROPOSED BUDGET SUMMARY OF 2024 LEVY INCREASE/DECREASE AS COMPARED TO 2023 2024 2023 FINALPROPOSEDINCREASE LEVYTAX LEVYTAX LEVYOVER 2022% OPERATIONS$ 5,758,260 $ 6,101,680$ 343,4205.96% DEBT SERVICE$ 579,000 $ 575,000$ (4,000)-0.69% TOTAL TAX LEVY$ 6,337,260 $ 6,676,680$ 339,4205.36% SUMMARY OF CHANGES TO LEVY/BUDGET REVENUES CHANGES IN REVENUE INC IN PILOT TAXES, ROOM TAX 4,500 INC IN LICENSES & PERMITS 6,600 DEC IN BUILDING PERMITS (20,000) INC INTERGOVERNMENTAL REVEUE- POLICE AID 17,800 INTERGOVERNMENTAL -LGA 65,700* INC MISC REVENUES- POLICE BILL BACK IN OT 30,000 INC MISC REVENUES- SRO BILLING 7,700 OTHER MISC CHANGES 2,680 USE OF FUND BALANCE 51,000 TOTAL CHANGES IN REVENUES$ 165,980 EXPENDITURES CHANGES IN EXPENDITURES PERSONAL SERVICES SALARIES CONTRACTUAL/RELATED TAXES 107,300 INCREASE IN OVERTIME 900 VS 1000 HRS 17,500 DUPLICATE WAGES - FINANCE DIRECTOR 25,000* EMPLOYEE BENEFITS-INS 5,400 CONTRACTUAL CONSULTANTS-LEGAL/ENG/PLAN FOR TRANSITION 26,000* CONSULTANTS-LEGAL/ENG/PLAN/ASSESSOR/AUDIT 8,600 BUILDING MAINTENANCE 12,800 UTILITIES 5,800 COMPUTER MTE 4,000 SNOW PLOWING 50,000 STREET MAINTENANCE 13,000 FIRE (23,500) SANITATION 58,000 SUPPLIES 5,000 INSURANCE GENERAL INS 2,300 WORKMAN'S COMP 9,800 OTHER MINOR BUDGET CHANGES 6,500 TRANSFERS FOR CAPITAL PURCHASES STREET/STORM RENEWAL FUNDS 11,300 LGA 65,700 DEBT (4,000) BUDGETPROJECTS INCREASES (DECREASES): TRAIL EQUIPMENT 10,300 TRAIL MAINTENANCE 130,000 SEAL COATING (50,000) OTHER MINOR ADJUSTMENTS 8,600 TOTAL 2023 BUDGET INCREASE$ 505,400 TOTAL INCREASE FOR PROPOSED LEVY$ 339,420 Page 10 Market Value Market Value Exclusion CalculationMarket ValueAfter MVHE Market Value of Residential Home $ 250,000$ 250,000 Exclusion of the first $76,000 X 40%$ (76,000) $ (30,400) Add Back Remaining at 9%$ 174,000$ 15,660 Taxable Market Value$ 235,260 Tax Capacity Calculation Class Rate 1% Firs t $500,000 of Value$ 2,353 Class Rate 1.25% > $500,000$ - Total Tax Capacity$ 2,353 Tax Capacity The City’s estimated 2024 tax capacity value is $12,263349 (adjusted for the change in Xcel values) This represents a 5.0% increase in tax capacity value over the 2023 final value of $12,253,809. This value is used to calculate property taxes for individual properties. The total tax levy is distributed over the total tax capacity of all the Oak Park Heights properties. Tax capacity value is market value, adjusted for the Market Value Homestead Exclusion, multiplied by the class rates. Class rates are established by the State of Minnesota and have not changed since 2002. The current class rates for residential property is 1% of taxable market value for the first $500,000 of value and then 1.25% on the remaining value of the property – Example of a $250,000 home’s tax capacity value calculation is as follows: The current class rates for commercial property is 1.5% of market value for the first $150,000 of taxable market value and then 2% on the remaining value of the property – Example of a $250,000 and a $600,000 commercial business tax capacity is calculated below. Mkt Value Tax Cap Mkt Value Tax Cap Commercial Property Mkt Value $250,000 $600,000 1.5% of first $150,000 (150,000) $2,250 (150,000) $2,250 Balance at 2% 100,000 2,000 450,000 9,000 Total Tax Capacity $4,000 $11,250 The median market value for residential property is estimated to have increased by 10% for 2024 as compared to 2023. Commercial Property increased 16.1%, and Public Utility values have decrease by 6.0%. Page 11 TAX CAPACITY TNTADJUSTED NOTICEXCEL VALUES 202320242024 TAXABLE MARKET VALUE$ 1,061,753,300 1,129,506,1001,114,293,500 TAX CAPACITY 15,715,572 16,828,076 16,528,076 TAX INCREMENT FINANCING VALUE (318,006) (306,035) (306,035) LESS POWER LINES (161) (161) (161) FISCAL DISPARITY CONTRIBUTION (3,143,596) (3,358,531) (3,358,531) NET TAX CAPACITY$ 12,253,809 $ 13,163,349$ 12,863,349 The Department of Revenue (DOR) provides the values for the Public Utility Properties. This is approximately 28% of the City’s total taxable values. The DOR doesn’t certify the corrected negotiated values to the County in a timely manner for them to include the correct values in the Truth in Taxation Notices that are mailed to the taxpayers. The values used for the TNT notice is overstated, therefore misstating the city’s tax rate and ultimately the estimated tax calculated for the City’s tax reflected on the notices. For the 2024 TNT notices, Utility Property was included at a similar value used in 2023. Actual Public Utility values certified to the County after the calculation for the notices was -6.0% less. This reduction in value reduced the City’s total tax capacity value by $300,000. The Total Tax Capacity for 2023 and 2024 Tax Years is calculated in the following chart: The Tax Capacity is composed of Residential, Commercial and Public Utility properties. The graph reflects the 2023/2024 estimated values by each class of property. Page 12 COMPARISON OF RESIDENTIAL TAXES 2020-2024 20202021202220232024 MEDIAN VALUE PER COUNTY FOR CITY OF OPH $ 246,000 $ 252,000 $ 250,000 $ 307,800 $ 332,800 INC (DEC) IN MKT VALUE (PER COUNTY)9.80%1.10%3.20%15.40%10.00% TAX CAPACITY $ 9,966,194 $10,629,046 $ 11,051,997 $12,253,809 $ 12,863,349 TAX RATE50.17650.83851.75348.98549.2957 CALCULATED TAXES $ 1,158.57 $ 1,207.10 $ 1,204.98 $ 1,432.81 $ 1,604.63 The unique total tax capacity of the city that is shared by residential, commercial and public utility on approximately 1/3 basis for each. The result of this shared capacity for residential property means that 2/3 of the tax burden is shared by the commercial property along with the public utility, Xcel Energy. A change in valuation in anyone of the separate classes can have an impact on the remaining properties. For 2024 adjustment of -6.0% to the Public Utilities, the 10% increase in residential properties and the 16.1% increase to commercial property shifts the share of the tax capacity to residential properties. Residential share of taxes increased to 39% from 37% for 2023. Local Tax Rate The City’s Tax Rate for the general levy for 2024 is estimated to be 49.2957% per $1,000 of tax capacity value. This represents an increase of <1% from 2023 rates of 48.9849%. The Tax Rate is applied to the tax capacity value of the property to calculate the property taxes due. A decrease in tax rate would mean a decrease in taxes if the tax capacity value of the property remained the same from one year to the next, while an increase in tax rate should increase the taxes for that property. With the proposed General Fund budget of $7,348,640 supported by a tax levy totaling $6,676,680 - residential properties in the City will see an estimated 12% increase to their taxes. See the following comparison of taxes for a Median Value Oak Park Heights Residence. Page 13 SCHEDULE OF DEBT SERVICE PAYMENTS TO MATURITY 2012 ADV2014 REFUNDING GO BNDSTOTAL BONDS PAYABLE$ 2,605,000$ 635,000 $ 3,240,000SPECIALUTILITY ADDITIONAL SCHEDULEDCASH INTEREST PAYABLE$ 170,947$ 28,350 $ 199,297ASSESSMENTTRANSFER TAX LEVY TAX LEVYFLOW TOTALS$ 2,775,947$ 663,350 $ 3,439,297$ 256,000$ 540,000$ 214,000 $ 4,321,000 PAYMENTS TO MATURITY: (PRINCIPAL AND INTEREST) $545,638 2024 509,058$344,050 853,108$64,000 109,000$27,000 548,000 440,530 2025 539,958$319,300 859,258 110,000 563,000 254,272 2026 560,058 560,058 535,000 229,214 2027 569,295 569,295 550,000 209,919 2028 597,578 597,578 575,000 187,341 Debt Service Funds TOTALS$ 2,775,947$ 663,350 $ 3,439,297$ 64,000$ 219,000$ 27,000 $ 2,771,000 As of December 31, 2023 the City will have outstanding debt, including interest, in the amount of $3,439,297. The following chart reflects the future scheduled debt payments for the following bond issues: The city sold $5,140,000 Advance Refunding Crossover Bonds to prepay the GO Capital Improvement Bonds of 2008. This reduced the future scheduled tax levies for debt by $495,000. The 2008 Bonds were called and paid in 2016. The Refunding bonds are scheduled to be retired in 2028. During 2014 the City issued $3,775,000 General Obligation Bonds for the 2014/2015 Street Reconstruction projects. This bond is scheduled to be repaid by General Obligation Debt Levy, Special Assessments, and a transfer from the Water Utility Fund. The bonds will be paid off in 2025. Budgeted Projects Fund The Budgeted Projects Fund was established to fund capital purchases for public works, police, administration, etc. The revenues received in this fund are transfers in from the General Fund and the Utility Funds. Revenue received for tree replacement and occasionally revenue received as donations are also deposited in this fund. For the year 2024 the City has budgeted transfers from the General Fund Budget in the amount of $810,300 and transfers in from the Utility Fund in the amount of $265,813. The anticipated expenditures for 2024 are $1,214,000 for sealcoat/crack seal, park and trail improvements and maintenance, police vehicles and radios, tree planting, computers and software and other items. Page 14 EXHIBIT A EXPENDITURE SUMMARY Page 15 EXHIBIT A 2023-2024 EXPENDITURES20202021202220232024INCREASE ACTUALACTUALACTUALBUDGETBUDGET(DECREASE)% GENERAL GOVERNMENT GENERAL MANAGEMENT & BUILDING$176,301$158,010$170,468$179,550$192,330$12,7807.12% MAYOR & COUNCIL$91,120$95,492$105,806$123,890$128,190$4,3003.47% LEGAL$19,862$22,447$22,889$27,000$35,000$8,00029.63% ELECTIONS$7,383$1,310$4,818$1,400$5,630$4,230302.14% CITY ADMINISTRATION$293,263$309,708$344,626$361,770$373,820$12,0503.33% PLANNING & ZONING$27,020$26,988$32,325$29,000$37,000$8,00027.59% FINANCE$203,912$219,046$227,038$241,835$276,050$34,21514.15% COMPUTER$33,109$41,385$45,267$54,400$58,000$3,6006.62% AUDIT$33,726$33,740$35,302$38,000$39,500$1,5003.95% INSURANCE$458,729$469,759$488,197$543,300$560,800$17,5003.22% ASSESSING$25,972$26,883$27,495$30,000$33,100$3,10010.33% ENGINEERING$46,318$16,290$24,970$30,000$40,000$10,00033.33% COUNCIL CONTINGENCY$40,926$31,641$51,444$60,000$60,000$00.00% $1,457,641$1,452,699$1,580,645$1,720,145$1,839,420$119,2756.93% PUBLIC SAFETY POLICE$1,499,652$1,475,068$1,621,025$1,871,900$1,962,800$90,9004.86% FIRE PROTECTION$271,278$275,085$279,970$293,500$270,000($23,500)-8.01% BUILDING INSPECTIONS$107,251$113,143$113,387$121,650$131,950$10,3008.47% EMERGENCY MANAGEMENT$446$401$421$7,120$7,120$00.00% ANIMAL CONTROL$316$68$314$700$700$00.00% $1,878,943$1,863,765$2,015,117$2,294,870$2,372,570$77,7003.39% PUBLIC WORKS PUBLIC WORKS-STREET MAINTENANCE$72,738$67,948$77,383$86,010$99,100$13,09015.22% PUBLIC WORKS-SNOW REMOVAL$145,600$181,648$311,742$205,000$257,000$52,00025.37% PUBLIC WORKS-STREET LIGHTING$62,390$65,760$74,514$74,000$78,000$4,0005.41% ARBORIST$718$2,118$744$1,185$1,350$16513.92% SANITATION & WASTE$236,280$241,857$246,910$319,600$377,300$57,70018.05% TREE REMOVAL$36,945$44,980$42,405$43,000$45,000$2,0004.65% $554,671$604,311$753,698$728,795$857,750$128,95517.69% PARKS PARKS$142,456$154,497$137,636$205,850$213,400$7,5503.67% OTHER EXPENDITURES DEBT$579,000$579,000$579,000$579,000$575,000($4,000)-0.69% CAPITAL IMPROVEMENTS$949,612$1,241,665$1,299,050$1,314,600$1,424,800$110,2008.38% TRANSFERS OUT - ADDITIONAL$1,037,300$0$0$0$65,700$65,700- $2,565,912$1,820,665$1,878,050$1,893,600$2,065,500$171,9009.08% TOTAL GENERAL FUND EXPENDITURE $6,599,623$5,895,937$6,365,146$6,843,260$7,348,640$505,3807.39% Page 16