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I'm good to go. Call

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to order this curvil city council budget workshop or June 18th. Are there any visitors signed up? No, sir.

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As we begin the process to set a budget for next year. Remind our newest member that this is critical because it's not in the budget. It's not going to get that. And I also want to state clearly that

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We live in civil inflationary times and so being cautious, especially with the

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Admiral on tax rate, is going to be something I'm going to focus on in the next.

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So with that, who is first?

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Mayor, I'm going to kick it off.

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Mayor, Council, welcome to Budget Workshop.

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So obviously this is my first budget workshop as well, so there's a lot of things that we're

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kind of keep the status quo from what the team has done previously. We added a few things

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kind of in there just to one, I want to see how things are done as well. We've kind

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of charged them with a lot of different visions and goals. We have incorporated some of

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the high-level discussions that Joel did on Friday at the strategic planning. Fortunately

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for us a lot of the stuff we had already kind of factored in in anticipation of those

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of those goals. If I had to sum up this entire kind of budget workshop or this budget this year,

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it's really focusing on sustainability and capacity. To that point, well, what is capacity? Does

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capacity mean we add more or does capacity mean do we stay the same? You know, and get some things off

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of our finish line, get some things across the finish line, and continue to kind of move forward,

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and build some capacity through time. And so as once Julie kind of comes back in, she's

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We've written off a couple of the slideshow.

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Oh, she's right there, sorry.

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You know, we're going to kind of go through this.

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And we really want this opportunity not

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to just be one-sided.

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One way, we want this to be a two-way conversation,

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of course, and get some feedback.

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But I am confident that there's a lot of things

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that we've put in here that does factor in a lot of y'all's

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visions and goals and things that we've talked about.

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Again, folks in around sustainability, folks in around

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some of the inflationary challenges that we have.

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And really looking at the theme of Beyond Tomorrow and what does that look like so

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Julie

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Hey, James bringing you copies I got we got you had up in his expense report

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This is something new that we've never provided to you before so we can talk about that or remind you so then some questions for later

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You have a different date. Just know this is going to be nice. So

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Actually

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So

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So, just kind of go over what our agenda was today, really just looking at our timeline

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and our process, what our top priorities were, and a lot of those.

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We kind of keyed up some things, either from prior years, or we're also from some things

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you guys really brought to the table on Friday.

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We're getting the budget theme and our approach to this year, review of things that we've done

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and how we got here, and then just going through the general fund, taking a quick look at

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streets, death service, asset replacement, and then talking about the facility

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that we've brought a few times to you and then summing everything up today.

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I think we gave ourselves plenty of time. I think in years past at least for me

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I've had a little bit rushed. I don't know that we will need the entire time today, but I

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want to make sure we have plenty of time for you guys to stop ask questions, get

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feedback because this is definitely what we want to do that. We do have staff here as

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well, if there's any specific questions, I don't know that we'll be that deep today,

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But if they're definitely here to answer any questions, you can need them.

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So look at the timeline back in October of 23.

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We started meeting with our asset team again.

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You know, we've been working on that for a couple of years now.

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I think we continue to make progress.

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And in my opinion, really close to having at least a full five-year plan.

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We've really been looking at this year, next year, in the following year,

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as far as what purchases need to be.

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But we're really looking at how we're going to fund that over time.

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that had a personal request or new item requests, those were due to Kim or to finance at

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that time so that we could start looking at that if it was a new position completely or

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just added personnel to existing staff.

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And then department started submitting their operational budget request through our software

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which is very user friendly, and so it really allows departments to do their own work as far as entering the request within the software, so it's not.

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They're actually the very integral part, actually, of the public process in general, so.

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It's kind of walks you through there, and we've talked about this before.

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What we do, we get our preliminary role in April, and start kind of looking at how that look for a property tax standpoint, where evaluations look, and what kind of things.

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I'm sorry, I have some budget workshops and then we're certified property tax

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for Canada in line to get that to us as July 25th. It's super tight between the

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25th and the 31st. So a lot going on there during that week our calendar is

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already blocked. And so then

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we worked at that process and then we had

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outlined right now on 13th. Actually presenting the budget and the proposed tax

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to you for consideration, and then both public hearing and the second reading will be in September.

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So that's all we have out on the panel. Any questions on any of that?

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It's a lot of information on them. I'm going to read it all, but you'll be pretty familiar with that.

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So real quick on that, especially for new council members and just reiterating.

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Some of the stuff is dictated by not just our charter, but also the state.

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And so while we say we've got to present a proposed budget, you know, to the clerk

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work that doesn't mean that budget set in stone. It's just a proposed budget. It's an administrative

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checkblock that we have to do both for our charter and our state. So there is some, obviously

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by that point, a lot of it's pretty much locked down, but just be aware that that is an administrative

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process.

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So we'll move on and just kind of talk through a little bit of our process this year. We always

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have a budget committee, but in the past it's been, you know, a few people, just because

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It's always been for saying it in a different way.

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This year we kind of wanted to really start with our asset team that we created years ago.

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Give everybody an organizational wide look at what happens.

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Just look at your own department and know how you fit into that.

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But really do you know how you fit into that?

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So given them some opportunity for feedback to answer questions

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and to look at departments, especially the large ones,

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and multiple divisions in a different way so that they can see what really different

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departments contribute.

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So, this was our budget committee and basically what happened was after departments put

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their budget requests in, finance work with them to work through the first initial stab at

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it and once we got down to something that was we felt reasonable to the group and they came

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in and presented their budget kind of a summary level to this budget committee talking through

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what their apartment does, major goals that they have, what their process was and coming

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up with their budget requests, and then things that they might need now are in the future

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and kind of what they have in the play, basically.

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Once we have the U.S. haven't even put it all on that budget committee, like what you thought

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that worked or didn't work, or.

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I'm a big fan of the budget committees, like Jillian said, to reiterate it again.

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It gives insight into not just their departments, but kind of citywide, and just some of the

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challenges that are faced using multiple funds, enterprise, loss leaders, et cetera.

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It just, again, it's not necessarily sometimes the decision-making side, but it brings awareness

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to the entire city budget.

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Real quick, as we kind of move on on this, one of the things that we did add, I'd say simplistically,

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We always talk about and tip most budgets, and again, this is my first budget here, so

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I'm getting feedback from our team, is we kind of bring a conservative budget ideally

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to y'all from the Gica.

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We prepare it, we present it, and you know, get feedback from y'all.

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What we are going to show is the asks.

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What was asked at the very beginning, you know, the crazy asks, you know, sometimes are like

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the front end, you know, front load.

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We actually want to talk about those with y'all.

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One, it gives y'all kind of an inside of what the requests are coming through the departments

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and a lot of what they're seeing on the operational

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and administrative level,

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but it also brings awareness to counsel

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in the community that, hey, we are really looking

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and doing our due diligence on this process,

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we are taking a look at the priorities

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and what's happening and really being conservative from it,

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so it's kind of a two-pong approach on that.

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So some of our takeaways from our retreat on Friday,

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you took just the top bullets that came away

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from Friday just to kind of make sure that you guys can see what we're working on

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and how that aligns with those particular things and we didn't get too deep into

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this because it was just Friday but my goal would be to link what we're doing

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within the budget array to these things and how they were prioritized on Friday

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but then also looking futuristicly there's something we're not addressing

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or maybe we're not addressing to the level that they were prioritized that we

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look at that going forward as we talked about you know finishing at least the

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to your work plan and how that looks. So again, these were just a high five that got the

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most prioritization on Friday. So that's what those are in to the mayor's. When I talk

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with Mayor Harry the other day as well, and this included not just, you know, a stuff that

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had council priorities in it, but also included, you know, some of the large ones that are included

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as well. So there was the headdogs. Okay. Yep. So this included kind of the high

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level ones of all and again this was we know this is new you'll have an

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officially adopted the plan from Friday but we just wanted to again start showing

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where our plan over the past eight months and with Julie Wanderer on how do we

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do cost-based budgeting and priority based budgeting going into the future

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budgets.

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Okay so I wanted to give you a little bit of what led up to our theme and

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just so you know whatever we start talking about being really are looking at

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What's our approach? What's our overview? What's our focus? And then we get input from staff and say, all right, this is really what we want to focus on.

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We need some theme topics. And so this theme actually came from one of our staff. So we loved it and we were like, hey, what do you all think about this?

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And so that's what we decided to go with as far as what we thought it meant to us from a sustainability standpoint.

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So if you were here in 2022, you know, we used moving forward and I think we were all feeling like, okay, this year we're going to recover from COVID and we didn't try.

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But I think that lingered a little bit longer than we thought.

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In 2023, we used building momentum and really we focused on the impact inflation that we started to see, you know, overcoming, you know, recruitment retention issues that we really saw.

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really post-coded and that's kind of a nationwide problem. If you look at what if you

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could hire anybody, what you're paying people now compared to what you were paying people

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pre-coded, that really did have a big impact in the inflation, of course, on top of that.

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And then focused on really regaining momentum related to completing some capital projects,

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looking at what our needs were and getting back on track with maintenance components.

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And then last year of course looking up was pretty obvious, but not just because the

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clips, really because things were kind of starting to, I'm going to gently stay level,

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you know, we had kind of learned to cope with the inflationary pressures that we were

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feeling. I think that we did a pretty good job of presenting mostly a flat or just slightly

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increased budget outside of things we couldn't control last year, and that's kind of what we've

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looked for for 25. And so this year, really, we want to focus on sustainability. We talked about

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that a lot over the last few years, but getting some of those pieces put into place, specifically

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long-term facility and asset plans and this year we focus on leveling operational

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budgets just you know what does baseline mean and what do we have to have versus what we

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really need to have and and that's something we're going to continue to look at going forward

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from a capacity issue because you know as we talk about private capacity doesn't necessarily

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just need people but sometimes capacity means you know funding and many do the things that you need to do

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so you can have the people you don't have the funding like having to shovel with no use it or

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or vice versa, and so what does that really look like?

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So we talked a little bit about that,

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and then of course we always want to preserve

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the impact to taxpayers, that's kind of a slippery slope there

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when one of the services that are really expected

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and how does that look, and what does it take

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to get those services provided, whether their needs are

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once, just depends on what citizens really really want

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to do, looking at utilizing other revenue streams from grants,

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So I think the departments have been great job with that over the past few years and we plan on the two of that even more and then looking at some special

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funds and things like that from a revenue standpoint where we can come and build the app if we need to.

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So also as we talked about Friday, we're really focused on completion of current projects, whether it's CIP or internal.

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So a lot of times there can be projects going on that aren't necessarily on the CIP list.

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There are things that are going on internally with departments that have been on the project list and the business player, those kind of things.

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that we just need to wrap up and kind of get our European underground and look at the

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board.

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So our takeaways from this approach, departments, they're very lean, and operationally,

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they're lean.

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They didn't ask for a lot of brand new stuff, things that they asked for, even some of those

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things got reduced as we were trying to bring to you guys pretty much an operationally flat

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budget.

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And those things can be limiting, you know, either because of staff shortages or because of

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funding.

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So those are things that I think this is going to give us a year to really look at.

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What does that mean? Big picture? And then just looking deeper into these, whether it's

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We can change our span services, the system's more underneath, and then as we talk a little bit about Friday, we're outsourcing opportunities to help us fill some of those gaps.

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And then on to that, you know, when we talk about capacity, you know, there's a couple

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ways we can look at capacity very simplistically.

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One, we can either increase resources, increase personnel to accommodate that capacity, or

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we kind of level out and say, okay, let's get some things across the finish line.

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And that was kind of the approach with, you know, with kind of the tight constraints on

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budget, with us having a lot on the plate, you know, kind of see what some of the asks were.

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The asks were pretty substantial that we just didn't feel comfortable that we were going to

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to be able to operationally sustain it conservatively.

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And so instead of taking the approach of increasing the capacity

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by adding more people, we took kind of more

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of a leveling approach to get things across the finish line

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and build capacity through accomplishing and completion.

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So

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just to kind of support what we were just talking about

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as far as inflationary trends, you can see what we were doing

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with, you know, mid-year, 22.

215
00:15:59,900 --> 00:16:02,860
I think we got in the high, like, 90, 40% inflation,

216
00:16:03,200 --> 00:16:05,480
which was really huge, especially on the water gun,

217
00:16:05,480 --> 00:16:11,400
a few of those kind of things, and I know the Fed is kind of set up to have around two

218
00:16:11,400 --> 00:16:12,280
and a half percent again.

219
00:16:12,380 --> 00:16:17,540
We're about to bring out, so, you know, they held one, so I'm not sure what's going to

220
00:16:17,540 --> 00:16:19,580
happen in the next few months, and they can be in the election year.

221
00:16:19,680 --> 00:16:20,200
You just don't know.

222
00:16:21,120 --> 00:16:25,220
But, you know, we anticipate them starting to drop at some point, and I guess we'll be up

223
00:16:25,220 --> 00:16:29,200
for the first of the year, but I really can't predict that.

224
00:16:31,530 --> 00:16:35,950
So, work for shortages, and we'll talk about this, and what we've done to deal with that

225
00:16:35,950 --> 00:16:40,430
over the past few years and I think that has to be focus of this Council and also the

226
00:16:40,430 --> 00:16:46,310
private Council was just to focus on retaining and recruiting quality staff.

227
00:16:47,050 --> 00:16:50,750
So right now we have 26 vacancies and I could be a little bit different that was a couple

228
00:16:50,750 --> 00:16:51,270
of days ago.

229
00:16:51,930 --> 00:16:59,170
A lot of those in police fire parks, you know, your heavy lifting departments, but you can see

230
00:16:59,170 --> 00:17:03,170
there kind of the history of what we did as far as budgeting, merit, and co-las.

231
00:17:03,170 --> 00:17:06,590
If you two made your goal is that we had the formal compensation

232
00:17:06,590 --> 00:17:09,910
to say to Kim and her team did and we did some strategic

233
00:17:09,910 --> 00:17:14,290
market adjustments there just to kind of bring our staffing to

234
00:17:14,290 --> 00:17:17,690
the current to the pay that was averaged for their position

235
00:17:17,690 --> 00:17:20,870
if that was required and then what we've done over the years.

236
00:17:20,950 --> 00:17:25,130
So we feel like this has been a really heavy focus of ours,

237
00:17:25,250 --> 00:17:28,210
but I'll say the problem's all the way but I think that we've

238
00:17:28,210 --> 00:17:30,950
at least gotten to a point where we feel like we're at least

239
00:17:30,950 --> 00:17:36,510
competitive in case they'll know. So a lot of work to do still, but it would be a little bit

240
00:17:36,510 --> 00:17:42,650
creative with there. So this is looking at new requests. So positions at the top, you can

241
00:17:42,650 --> 00:17:47,290
see this is what was asked for, as I said, they were supposed to do their position requests

242
00:17:47,290 --> 00:17:53,430
in February. So this is what came in request for 12 new full-time positions, one part-time

243
00:17:53,430 --> 00:17:59,530
position, and then those total position requests total about 1.5 million just to the general

244
00:18:00,010 --> 00:18:12,550
and then items or upgrades, keep in mind this does not include the items that were already scheduled to be replaced or that was just by natural order of things that we were going to replace. This would be brand new or upgraded equipment or software those

245
00:18:12,550 --> 00:18:18,730
I think so. Totally requests 1.6 million that was 25

246
00:18:21,230 --> 00:18:26,390
so the initial proposed budget after all operating requests were submitted by

247
00:18:26,390 --> 00:18:35,070
apartments was 41 and a half million expenses after we've adjusted that down to everyone's assistance and

248
00:18:35,610 --> 00:18:43,430
willingness to help me out with that. We're now at 39.7 right now currently with expenses. There's some unknowns and they're still

249
00:18:44,510 --> 00:18:48,770
So with the exception of personnel requests, most categories were flat or less than 23, and

250
00:18:48,770 --> 00:18:50,190
you'll see that when we go through this.

251
00:18:50,350 --> 00:18:54,370
So that was really kind of our charge to them was, you know, let's keep it as flat as

252
00:18:54,370 --> 00:18:59,350
we can, increase the volume that we have to, and really take a look at the things that are

253
00:18:59,350 --> 00:19:02,170
optional, you know, these versus ones.

254
00:19:02,790 --> 00:19:10,490
So as of the 13th, the general fund was out of balance by about $625,000, we're still

255
00:19:10,490 --> 00:19:14,810
working on that. But there's a lot of things still that can happen between now and even next week.

256
00:19:15,470 --> 00:19:20,050
So we'll continue to monitor and update the property tax values because we can't not even

257
00:19:20,050 --> 00:19:25,630
work close to being able to talk about a rate because we don't know what still ARB is going to do

258
00:19:25,630 --> 00:19:31,470
those things. Monkering larger revenue sources, you know, sales tax is very volatile and we talked about

259
00:19:31,470 --> 00:19:36,070
that being healthy but really being important to be conservative there because you just don't know

260
00:19:36,070 --> 00:19:41,710
We've seen what can happen you know COVID year we're seeing 20 plus percent increases and that's just not real

261
00:19:42,170 --> 00:19:48,010
There's some things that you know we were lucky and that moved us out a lot when we needed to help us out

262
00:19:48,010 --> 00:19:50,590
But we're we're back on track with that

263
00:19:51,510 --> 00:19:55,530
Finalizing group insurance. There's a heavy impact to the general fund for that. Right now

264
00:19:55,530 --> 00:20:02,950
I think he said he came back at 15% on the 15% but we're still negotiating at this point.

265
00:20:03,530 --> 00:20:08,130
So that could reduce as we continue to work through that process.

266
00:20:08,130 --> 00:20:09,190
What was his last year?

267
00:20:10,290 --> 00:20:10,370
Kim?

268
00:20:11,150 --> 00:20:15,870
I think we ended up at 13 and started at like 30, so yeah, it was high.

269
00:20:17,310 --> 00:20:20,590
And so as they work through that, that's one of the things that takes a little bit longer

270
00:20:20,590 --> 00:20:24,870
to work through and so we budget for what we anticipated and we hope that they're saving.

271
00:20:24,870 --> 00:20:27,670
So, yeah, we'll present that the second meeting in July.

272
00:20:28,410 --> 00:20:30,410
And there's a lot that still has to happen.

273
00:20:30,990 --> 00:20:34,210
We'll keep looking at proposed expenses and based some of those,

274
00:20:34,330 --> 00:20:37,450
so still some things considering this again is still just in draft form.

275
00:20:38,610 --> 00:20:41,990
And again, you know, with that, you know, kind of the bottom line up front stuff,

276
00:20:41,990 --> 00:20:44,410
as we go through this, sustainability was a big piece in there.

277
00:20:44,890 --> 00:20:48,270
So, if we would pull kind of the sustainability or an end maintenance,

278
00:20:48,530 --> 00:20:51,550
you know, fixed asset replacement, we would cover those costs.

279
00:20:51,550 --> 00:20:56,330
So when we built in some of those cash reserves into sustainability, that's what's kind

280
00:20:56,330 --> 00:20:59,410
of created some of the depths that that we're working through so we can start preparing

281
00:20:59,410 --> 00:21:00,010
for the future.

282
00:21:00,230 --> 00:21:02,070
That'll kind of come to light as we go through this.

283
00:21:05,510 --> 00:21:06,970
So this is just your categories.

284
00:21:07,310 --> 00:21:12,410
You guys see these on a regular basis that these are just our revenues versus in the general

285
00:21:12,410 --> 00:21:12,650
budget.

286
00:21:13,670 --> 00:21:15,530
We'll talk about those a little bit in more detail.

287
00:21:15,710 --> 00:21:16,330
Let's make it through.

288
00:21:16,490 --> 00:21:17,690
But I just wanted to point those out.

289
00:21:20,400 --> 00:21:20,580
Okay.

290
00:21:20,740 --> 00:21:22,360
So proposed revenues by category.

291
00:21:23,020 --> 00:21:28,540
Again, this is as of last Friday, so proposing

292
00:21:30,900 --> 00:21:35,580
today 39.1 million compared to 37.6 million

293
00:21:35,580 --> 00:21:36,240
last year.

294
00:21:37,260 --> 00:21:40,360
Remember that the golf course is going to be closed for renovation for six months.

295
00:21:40,520 --> 00:21:43,520
There's a little bit of an expensive fact there, but we've worked through most of that.

296
00:21:43,820 --> 00:21:52,920
We've been able to reduce quite a few expenses either through personnel assignments or just various creative things

297
00:21:52,920 --> 00:21:55,620
that we've done there to kind of offset to make sure there wasn't a big impact.

298
00:21:56,320 --> 00:21:57,440
The pool will be closed.

299
00:21:58,220 --> 00:22:01,840
They'll still both do have maintenance components that, you know, there's still expenses

300
00:22:01,840 --> 00:22:05,480
related to those, but again, we've done our best to try to offset those as much as we can

301
00:22:06,680 --> 00:22:07,880
so that we don't have an impact.

302
00:22:08,760 --> 00:22:12,800
Services here includes EMS, EMS and Solid Waste of that room, and that's just the landfill

303
00:22:12,800 --> 00:22:16,320
portion of Solid Waste that does not include your curbside, because that's a pass through

304
00:22:16,320 --> 00:22:22,380
expense so the city only retains a small portion, like 5% of our total, just for administering

305
00:22:22,380 --> 00:22:27,060
programs. There are a lot of revenues there. Intergovernmental is one of your categories

306
00:22:27,060 --> 00:22:32,800
that's going to be for county contractual events and your KLSD contract or school resource

307
00:22:32,800 --> 00:22:38,260
officers. And so those change just a little bit of your old year and on the people factor.

308
00:22:38,540 --> 00:22:44,340
So this basically just gives you, last year, I think, sales tax was budgeted at 28%, I'm

309
00:22:44,340 --> 00:22:49,660
sure it's 26. But everything else really was very in line with what we've always seen

310
00:22:49,660 --> 00:22:52,060
as far as distribution of revenues there.

311
00:22:53,860 --> 00:22:57,420
So you're expecting to increase in sales tax from the last year.

312
00:22:58,360 --> 00:22:59,280
I'm hoping that we're going to be flat.

313
00:23:00,600 --> 00:23:02,580
And I have a couple of slides on that.

314
00:23:02,840 --> 00:23:03,880
I'm hoping for flat.

315
00:23:04,240 --> 00:23:06,920
But yeah, we'll see what the next couple of months bring.

316
00:23:07,120 --> 00:23:10,580
Well, that is one that we literally update to the day

317
00:23:10,580 --> 00:23:14,400
almost we follow at the budget, because until property tax comes in,

318
00:23:14,580 --> 00:23:18,400
and we see, remember to lie, we're a two-month lack.

319
00:23:18,400 --> 00:23:24,420
So we have the sales text July the 10th, it's from May, May, yeah.

320
00:23:25,740 --> 00:23:29,700
So we're, here it's a lag there that we're just, a lot of it is just going to see if

321
00:23:29,700 --> 00:23:33,360
the, does it keep going up, down, down, or do we start to see some weathering, you know,

322
00:23:33,400 --> 00:23:35,920
yeah, we've got to make a decision about how comfortable we are.

323
00:23:36,000 --> 00:23:38,340
So we really watch that slow and have a really balanced, a lot.

324
00:23:39,040 --> 00:23:44,000
Um, I gave you these truth and textations, and for you to have as questions on this, I'm

325
00:23:44,000 --> 00:23:50,560
I'm happy to answer this, I don't know if you guys need a dissertation on the truth and taxation again.

326
00:23:51,100 --> 00:23:55,600
But the main thing to point out is remember that everything we hinges on in other revenue rates.

327
00:23:55,920 --> 00:24:01,660
So, no new revenue rate is taking exact same properties this year compared to those exact same properties last year

328
00:24:01,660 --> 00:24:05,300
and saying we would make a dollar more using that calculation right there.

329
00:24:05,420 --> 00:24:08,660
That's the basics of no new revenue rate. That everything hinges on that.

330
00:24:08,660 --> 00:24:10,780
So, remember, we're limited by the state.

331
00:24:11,500 --> 00:24:15,120
Our tax rate cannot be more than 3.5% over that number of the tax.

332
00:24:15,580 --> 00:24:16,820
So, unless it goes to the bars.

333
00:24:17,120 --> 00:24:18,060
Unless it goes to the bars.

334
00:24:18,540 --> 00:24:21,600
So, there's a lot of caveats there.

335
00:24:22,280 --> 00:24:27,840
So, when they calculate that, they include a change in the valuation.

336
00:24:28,280 --> 00:24:28,600
Yes, sir.

337
00:24:28,900 --> 00:24:29,140
Thank you.

338
00:24:29,400 --> 00:24:29,720
Yes, sir.

339
00:24:29,860 --> 00:24:37,860
But, again, it'll bring in, it's a huge, like, 18-page calculation, and it's in the budget

340
00:24:37,860 --> 00:24:42,040
book if you more walk through that's not complicated it's just a lot but it brings in all your values

341
00:24:42,040 --> 00:24:47,280
but it still looks at if these properties are valued at ten thousand dollars this year but last

342
00:24:47,280 --> 00:24:51,000
year they were valued at nine thousand dollars you have to send the rate to where that ten thousand

343
00:24:51,000 --> 00:24:55,820
dollars doesn't generate any more revenue so your rate is going to go down as your as your values go

344
00:24:55,820 --> 00:25:01,060
at the rates you may not have to last year that yeah it's happened every year since 2019 when the

345
00:25:01,060 --> 00:25:07,800
with the law change on, except for 2022 or three when we had to change the rate to accommodate

346
00:25:08,220 --> 00:25:08,980
for the bond.

347
00:25:09,260 --> 00:25:14,060
Right now that's on the debt side so your immunoside is what's affected by, but the

348
00:25:14,060 --> 00:25:18,160
rate did change because the rate did change on the debt side because of the bonds, yes,

349
00:25:18,440 --> 00:25:23,380
yes, but our immunoside still went down, so that's, that's absolutely going to happen.

350
00:25:23,780 --> 00:25:24,740
Because of the increased property.

351
00:25:24,740 --> 00:25:30,720
And of course, whether it's additional property or just increase in valuations on current

352
00:25:30,720 --> 00:25:31,100
property.

353
00:25:31,160 --> 00:25:33,520
And remember that new value added to the role.

354
00:25:33,660 --> 00:25:37,580
So anytime someone builds a brand new house, it's not part of the new revenue rate because

355
00:25:37,580 --> 00:25:38,460
it wasn't their last year.

356
00:25:38,660 --> 00:25:40,160
So that's a completely separate component.

357
00:25:40,460 --> 00:25:46,360
So, and I'll show you in a minute what that comes into life, pretty sure.

358
00:25:47,680 --> 00:25:52,520
So again, this is just outlining the property tax rate process and how that happens.

359
00:25:52,520 --> 00:25:54,480
and we don't go through all of that,

360
00:25:54,540 --> 00:25:56,600
but we still want to go through that last year.

361
00:25:57,320 --> 00:26:00,140
But anybody is not sure or not real comfortable

362
00:26:00,140 --> 00:26:01,820
how that works, just let me know or let

363
00:26:01,820 --> 00:26:03,560
all to know, you know, one of us can sit down

364
00:26:03,560 --> 00:26:04,600
and talk you through that process.

365
00:26:05,400 --> 00:26:07,160
It's complicated, but it's not complicated.

366
00:26:07,580 --> 00:26:09,740
It's pretty simple if you can just break it down

367
00:26:09,740 --> 00:26:11,740
into terms you can understand.

368
00:26:11,940 --> 00:26:13,500
I think that's real important just to know

369
00:26:13,500 --> 00:26:17,680
that we only have so much control over that for reason,

370
00:26:17,680 --> 00:26:22,940
But so you were just talking about for your money without you.

371
00:26:23,060 --> 00:26:25,920
So this is kind of, this is something Jacob put together a few years ago,

372
00:26:26,020 --> 00:26:27,100
that we really like to show.

373
00:26:27,300 --> 00:26:29,300
It's just really distribution of property taxes.

374
00:26:29,540 --> 00:26:34,320
So if you pay your property taxes, whether you're, if you're a city resident,

375
00:26:34,660 --> 00:26:39,820
this is how your property tax goal is distributed, um, tax savings.

376
00:26:40,360 --> 00:26:44,580
So this is what we're doing to the little P.S.

377
00:26:44,580 --> 00:26:47,860
Last year, my crew, how we reported,

378
00:26:52,830 --> 00:26:55,190
what was Fiasco remind me?

379
00:26:56,670 --> 00:27:00,170
Tax rate was nisposted.

380
00:27:00,230 --> 00:27:00,590
Oh, yeah.

381
00:27:01,990 --> 00:27:03,450
About a penny or something.

382
00:27:04,890 --> 00:27:04,930
Yeah.

383
00:27:05,070 --> 00:27:05,750
Two years ago.

384
00:27:05,970 --> 00:27:06,950
Was that two years ago?

385
00:27:07,350 --> 00:27:07,410
No.

386
00:27:10,070 --> 00:27:10,630
No.

387
00:27:12,310 --> 00:27:13,830
Sorry, bring it up, Julie.

388
00:27:14,170 --> 00:27:14,190
Yeah.

389
00:27:14,490 --> 00:27:14,890
Appreciate that.

390
00:27:17,810 --> 00:27:22,970
So, hoping at property taxable, we're just talking about on the new value so you can see

391
00:27:22,970 --> 00:27:23,710
on the bottom here.

392
00:27:23,790 --> 00:27:25,790
Now keep in mind, this is based on a current tax rate.

393
00:27:27,950 --> 00:27:35,610
We have about $36 million in taxable, $37 million in taxable new revenue, so the market value

394
00:27:35,610 --> 00:27:41,930
is like $46,000 or something, taxable is $37 million, so on new value alone at our current

395
00:27:41,930 --> 00:27:45,030
rates about $200,000 additional revenue to the general fund.

396
00:27:45,190 --> 00:27:48,010
So again, that does not count towards the revenue rate

397
00:27:48,010 --> 00:27:48,730
on the first year.

398
00:27:49,210 --> 00:27:51,150
Second year becomes part of the revenue rate

399
00:27:51,150 --> 00:27:52,210
because it was part of the rule.

400
00:27:52,470 --> 00:27:54,990
So this just kind of gives you a little bit of history

401
00:27:54,990 --> 00:27:59,930
as far as the blue on this chart is that taxable value.

402
00:28:00,390 --> 00:28:04,550
The yellow is blue, and that green on the top is frozen.

403
00:28:04,710 --> 00:28:07,570
So we're about 31% of frozen taxes right now.

404
00:28:07,610 --> 00:28:08,790
We're about $1 billion in revenue.

405
00:28:08,790 --> 00:28:15,250
this, I mean a billion dollars in taxable value that is frozen whichever point time that

406
00:28:15,250 --> 00:28:17,010
they, that value is chosen.

407
00:28:17,810 --> 00:28:24,270
So about 3.95 billion still under ARB review, so that's why it's really hard to make

408
00:28:24,270 --> 00:28:27,550
you have calculation and what a rate might be at this point.

409
00:28:31,080 --> 00:28:35,840
Okay, so here's some assumptions on property tax for this year.

410
00:28:35,840 --> 00:28:38,880
So we're estimating about 12.2 million.

411
00:28:39,400 --> 00:28:42,300
This will include a current year, taxes so it's not even

412
00:28:42,300 --> 00:28:44,840
that people owe for prior years or anything like that.

413
00:28:45,520 --> 00:28:48,660
The 4% increase over last year on revenue, on the right,

414
00:28:48,860 --> 00:28:53,700
just revenue about 470,000 remember, we're assuming 200,000 of that.

415
00:28:53,860 --> 00:28:55,940
It's probably going to be a new value, but again,

416
00:28:56,180 --> 00:28:57,940
there's some things to work through on that.

417
00:28:59,240 --> 00:29:00,540
This will be your 24.

418
00:29:01,240 --> 00:29:04,740
We had $540,000 budgeted more than this one,

419
00:29:06,420 --> 00:29:11,460
So, I mean, you can see that right now, we're looking at that increase deal a little

420
00:29:11,460 --> 00:29:16,300
smaller, but again, a lot's going to depend on how you actually look at that.

421
00:29:18,900 --> 00:29:22,860
So, again, this is assuming that property tax rate remains the same or is lower than this

422
00:29:22,860 --> 00:29:23,440
where you're 24.

423
00:29:24,320 --> 00:29:30,180
And we'll keep you updated as we get preliminary results and like that, the changes we give on this one.

424
00:29:31,860 --> 00:29:41,660
470,000 or 4% increase in property tax revenues, and then the next line, 544,000 or 4,000,

425
00:29:41,660 --> 00:29:48,900
so that includes both increased valuations and in properties are not correct.

426
00:29:49,860 --> 00:29:56,620
That's the total dollars, so that would be the total dollars on current taxes, too, so

427
00:29:56,620 --> 00:29:58,420
So anything that will be built out in this area.

428
00:30:00,660 --> 00:30:13,120
And then on a very first page of the budget book, we always have to put that really detailed description of where things come from and we identify the new value right there as well. So you can see the true impact to the tax here.

429
00:30:15,160 --> 00:30:20,840
And then I'm confused, and so Joe asked about this line once says 470 and once it's like

430
00:30:20,840 --> 00:30:21,220
40.

431
00:30:21,340 --> 00:30:28,940
First off that meant it was prior year, it is, so we're, well, we're fiscal year 24,

432
00:30:29,100 --> 00:30:35,980
the year that we're in, we budgeted $540,000 over 23, and that included new revenue as well.

433
00:30:36,480 --> 00:30:39,760
This year we're proposing $470,000 over last year.

434
00:30:39,760 --> 00:30:42,400
I just want to start by that.

435
00:30:42,520 --> 00:30:43,840
I just want to start by that.

436
00:30:43,840 --> 00:30:44,560
Over this area.

437
00:30:46,260 --> 00:30:46,460
Correct.

438
00:30:46,780 --> 00:30:48,600
The M24, the year that we're in,

439
00:30:50,860 --> 00:30:52,720
was just trying to give you a little bit of history there.

440
00:30:53,080 --> 00:30:55,660
Okay, the 220's condition is there.

441
00:30:56,020 --> 00:30:57,420
No, sir. It's included in that.

442
00:30:57,880 --> 00:30:58,460
Yes, sir.

443
00:31:01,320 --> 00:31:06,240
That's assuming that our revenues in current property taxes are 4% higher than what we budgeted in 2014.

444
00:31:08,420 --> 00:31:09,160
For the year that we're in,

445
00:31:09,540 --> 00:31:11,900
we have 11.7 million budgeted

446
00:31:11,900 --> 00:31:18,000
and proposing or preliminarily as to make it 12.4, but 1, 2, 1,

447
00:31:26,800 --> 00:31:27,880
4, 3, 2, 1, 4, 3, 2,

448
00:31:30,440 --> 00:31:37,240
OK, this is about cell sex, so this chart, we narrowed down to just four years, we have

449
00:31:37,240 --> 00:31:41,800
this chart looking at about 20 years, and it gets really interesting because the trend lines

450
00:31:41,800 --> 00:31:42,640
really stay the same.

451
00:31:42,820 --> 00:31:47,460
Not as some of the few anomalies here and there, you know, someone who paid earlier, you pay

452
00:31:47,460 --> 00:31:52,000
on time, or things like that that cascue it, which we know when that happens, they stay the

453
00:31:52,000 --> 00:31:56,180
The question mark is always, how's it going to move?

454
00:31:56,360 --> 00:31:57,060
Is it going to move flat?

455
00:31:57,240 --> 00:31:57,780
Is it going to move up?

456
00:31:57,940 --> 00:31:58,860
Is it going to move down?

457
00:31:59,560 --> 00:32:04,020
But month over month, the trend lines come to say the same as far as percent of the total

458
00:32:04,020 --> 00:32:05,820
that we collect are regular.

459
00:32:06,460 --> 00:32:11,140
So, I just gave you that trend line, so you can kind of see that over years and then the

460
00:32:11,140 --> 00:32:12,800
historical revenue that we've collected.

461
00:32:13,340 --> 00:32:19,120
And you can see that right now, 23st budget, 24st budget figure that we're in,

462
00:32:19,120 --> 00:32:24,120
We're really flat with 23 and we're kind of predicting the same thing to happen in 25.

463
00:32:24,420 --> 00:32:25,680
But again, we're watching that.

464
00:32:26,240 --> 00:32:32,280
We had a 5.5 percent increase this past month that you haven't seen that one yet.

465
00:32:32,800 --> 00:32:36,120
A lot of that's going to be related to eclipse, you know, how much we can say is really eclipse

466
00:32:36,120 --> 00:32:39,940
versus something else if we won't know and we really won't know until we get July to

467
00:32:39,940 --> 00:32:41,480
see is it going to be up or down.

468
00:32:41,700 --> 00:32:48,680
So constantly monitoring that and Jacob digs in to the level of which taxpayers are paying

469
00:32:48,680 --> 00:32:53,200
regularly, do we have any that are missing, do we have the big ones that came online,

470
00:32:53,420 --> 00:32:58,080
that aren't paying those kind of things. So we really monitor that to a pretty granular level

471
00:32:58,630 --> 00:33:02,400
to see if we can rule out anything that's kind of what hops that we wouldn't want to budget.

472
00:33:04,200 --> 00:33:08,600
So every half percent increase or decrease of about $50,000 change in revenue,

473
00:33:08,640 --> 00:33:14,560
so that's kind of what we look at it as, what's it take to get to that and what's happening on a trend.

474
00:33:14,560 --> 00:33:19,800
And so it's super volatile, as you know, and you've seen over years how it can change quickly.

475
00:33:20,800 --> 00:33:26,000
We continue to be about flat or just slightly above this way here, 23, which is good.

476
00:33:27,140 --> 00:33:31,820
But the good news is when you go back and really look historically, and we had those big

477
00:33:31,820 --> 00:33:36,320
years, but if you just take this year and go back to pre-COVID, we're almost 40% higher

478
00:33:36,320 --> 00:33:41,440
in sales tax, and we're pre-COVID, so yes, there's some inflationary factors there, but

479
00:33:41,440 --> 00:33:47,980
not 40% and we've seen that growth growth in development and growth in industries that

480
00:33:47,980 --> 00:33:52,460
are creating sales tax. So that's what we would want. So it's healthy and we should be

481
00:33:52,460 --> 00:33:56,460
careful with it. Yeah, the one thing we don't know, you know, on the inflationary side is the

482
00:33:56,460 --> 00:34:00,860
buying power is obviously less. So our people not spinning as much or doing what they were typically

483
00:34:00,860 --> 00:34:05,800
doing. So are we seeing that? So we're figuring just level it off, kind of see where we're going.

484
00:34:05,800 --> 00:34:09,560
when no growth has been consistently about 0.9% a year,

485
00:34:10,340 --> 00:34:12,840
just across the population-wise, across the city.

486
00:34:13,360 --> 00:34:14,980
So we just took a more conservative approach

487
00:34:14,980 --> 00:34:16,500
on the sales tax this year.

488
00:34:17,860 --> 00:34:20,520
And again, we monitor that and it just isn't needed.

489
00:34:21,020 --> 00:34:22,240
But before we get into expenses,

490
00:34:22,480 --> 00:34:24,440
anybody have questions or comments or feedback

491
00:34:24,440 --> 00:34:27,780
on revenues at all of the A&E of our revenue sources?

492
00:34:29,220 --> 00:34:30,760
We have so many variables to out.

493
00:34:31,800 --> 00:34:32,760
A lot of unknowns.

494
00:34:32,760 --> 00:34:35,700
The biggest variable is going to be the preliminary values.

495
00:34:36,460 --> 00:34:42,080
We can get pretty close to it just through projections and forecasting, but we really

496
00:34:42,080 --> 00:34:48,020
won't know what we are pretty confident in is the fact that even at 3.5% or what we'll

497
00:34:48,020 --> 00:34:52,480
call the voter approval rate, which is the highest tax rate that you can go to before

498
00:34:52,480 --> 00:34:56,640
triggers an election, is still going to be either at or below the current factor, ain't it?

499
00:34:57,280 --> 00:35:02,220
That's just naturally going to happen because of that because of that because of

500
00:35:02,220 --> 00:35:06,160
evaluation increase and because of new growth. So in cities where where build

501
00:35:06,160 --> 00:35:09,920
out is already occurred and you're just kind of in cruise control, you'll see

502
00:35:09,920 --> 00:35:13,340
that fluctuate each year where that could change. But in the city where even

503
00:35:13,340 --> 00:35:18,060
just, you know, again, we're 0.9% a year, we're still going to see that kind of

504
00:35:18,060 --> 00:35:20,880
increase. And so we just have to factor that in because when it does hit that

505
00:35:20,880 --> 00:35:23,320
tipping point, we just have to be prepared for it.

506
00:35:27,390 --> 00:35:28,550
And let's talk about the point stuff.

507
00:35:29,010 --> 00:35:30,670
So the one here is this.

508
00:35:31,590 --> 00:35:33,830
The first slide is something you all

509
00:35:33,830 --> 00:35:35,430
used to see, and I try to keep everything

510
00:35:35,430 --> 00:35:37,330
as normal as possible.

511
00:35:37,610 --> 00:35:39,730
So it's recognizable how I do with presenting this.

512
00:35:40,450 --> 00:35:42,210
So these are the categories that you see when

513
00:35:42,210 --> 00:35:43,250
you define in a bunch of books.

514
00:35:43,610 --> 00:35:46,790
The handout that you've got is probably more than you want.

515
00:35:47,890 --> 00:35:50,090
But if you look at it, this big one, you

516
00:35:50,090 --> 00:35:54,010
can see expenses by department and expenses by line.

517
00:35:54,130 --> 00:35:56,890
So you can really see where folks have

518
00:35:56,890 --> 00:36:01,890
shapes and stuff, and then where your increases are and why those are elements.

519
00:36:03,610 --> 00:36:09,150
So looking at this by category, 39.7 million at this point, keep in mind health care, group

520
00:36:09,150 --> 00:36:10,130
insurance is still a big one.

521
00:36:10,730 --> 00:36:15,370
It's out there that is included in the personnel categories, so that's going to include all

522
00:36:15,370 --> 00:36:18,390
your salaries, all your benefits, and all your travel and training, you know, to do a little

523
00:36:18,390 --> 00:36:19,110
bit more on that.

524
00:36:19,510 --> 00:36:20,490
And again, there's more on that.

525
00:36:20,650 --> 00:36:22,630
And here, what was the percentage last year?

526
00:36:22,630 --> 00:36:27,470
We increased the personnel just asking go to the next line

527
00:36:28,190 --> 00:36:28,890
Next line

528
00:36:31,560 --> 00:36:34,660
Those are dollars. Yeah. Oh, I'll get it. I think it was like

529
00:36:35,280 --> 00:36:39,060
Right at six percent. I'm just as straight. It'll be over 24 budget but for that reason

530
00:36:40,840 --> 00:36:44,240
But anyway, that that's what's encompassed in that personnel cost there

531
00:36:44,240 --> 00:36:46,660
But again, you can see that in this in the detail

532
00:36:46,660 --> 00:36:54,060
We had a decrease in supplies and there's there's a couple things to point out so things like all supplies came down a little bit

533
00:36:54,740 --> 00:36:55,560
there's some reasons.

534
00:36:55,800 --> 00:36:57,840
There are chemical supplies, cost of the soil,

535
00:36:57,960 --> 00:37:00,180
that's gonna be related to the off-course,

536
00:37:01,060 --> 00:37:03,940
pro-shopping, we're gonna assume Dale.

537
00:37:04,800 --> 00:37:08,720
And then tools and equipment have a little bit of an increase,

538
00:37:08,960 --> 00:37:12,020
but we also this year moved all of the events

539
00:37:12,020 --> 00:37:14,080
that part humanly budgets for within either

540
00:37:14,080 --> 00:37:16,460
the recreation or community events departments

541
00:37:16,460 --> 00:37:20,120
or divisions into the other category

542
00:37:20,120 --> 00:37:21,260
into their own section.

543
00:37:21,680 --> 00:37:23,820
So now if you wanna know what we spent on,

544
00:37:27,460 --> 00:37:29,880
It has its own line out of so we can look at it specifically.

545
00:37:30,280 --> 00:37:34,920
So before it was a supply, it went to a supply line and it was for the parade.

546
00:37:35,120 --> 00:37:38,780
If it was food, then it went to the, and so it was really hard to track.

547
00:37:39,040 --> 00:37:43,780
And so they went back and categorized everything, pulled all their events, expenses together for

548
00:37:43,780 --> 00:37:46,000
the past few years, gave those to us, and we wind them all out.

549
00:37:46,300 --> 00:37:49,280
So for this year, you're going to see them budgeted individually, unless they're just really

550
00:37:49,280 --> 00:37:49,760
small events.

551
00:37:50,720 --> 00:37:54,260
It's a little bit easier for us when we ask questions to be able to do that.

552
00:37:54,260 --> 00:37:57,320
So, I'm almost going to answer your question to the general and

553
00:37:57,320 --> 00:37:57,720
personnel

554
00:38:01,880 --> 00:38:06,280
last year, about 6.7%.

555
00:38:06,280 --> 00:38:10,180
50% increase in group health was the biggest driver there.

556
00:38:10,660 --> 00:38:19,420
That's what we're waiting on again, so maintenance increased there, but we did have a

557
00:38:19,420 --> 00:38:24,340
$100,000 streak maintenance increase as we've done, you know, the past several years just

558
00:38:24,340 --> 00:38:29,460
in line with our a streak maintenance plan and then services down a little bit but

559
00:38:29,460 --> 00:38:33,700
again, you know, moving those events out there into their own category, all said that.

560
00:38:33,880 --> 00:38:42,020
We also went through and decreased some phone services related to built-in tablet services.

561
00:38:43,060 --> 00:38:48,220
I'm not sure what all of you did, even the weeks on that, but we saw some decreases in some

562
00:38:48,220 --> 00:38:53,140
technology expenses where we're better humanizing Wi-Fi and some things that we already have in

563
00:38:53,140 --> 00:39:01,040
that saved money. So there's some savings in services for sure. Your workers compensation

564
00:39:01,040 --> 00:39:04,940
decreases that because you've got a better rate because of lack of claims.

565
00:39:06,960 --> 00:39:07,940
TMLRP did an

566
00:39:07,940 --> 00:39:12,580
overall 10% decrease for all cities and counties that are not city and the county's

567
00:39:12,580 --> 00:39:20,860
wet cities. So we were happy to see that. What is that current rate?

568
00:39:20,860 --> 00:39:24,320
percentage-wise for a worker's compensation.

569
00:39:28,580 --> 00:39:31,520
Friend is winning with the tough questions.

570
00:39:31,780 --> 00:39:32,300
Oh, that's good.

571
00:39:32,740 --> 00:39:33,160
Oh, that's good.

572
00:39:34,380 --> 00:39:34,920
Oh, that's good.

573
00:39:39,080 --> 00:39:39,880
I'm sorry.

574
00:39:40,260 --> 00:39:47,900
It doesn't say on my report from the board meeting, but what it does say is there's a six

575
00:39:47,900 --> 00:39:51,060
It's based on class codes for the SIC codes.

576
00:39:51,720 --> 00:39:58,100
And it's a $13 million decrease overall.

577
00:39:58,760 --> 00:40:02,040
Well, rent at $19,000 just for General Federal and that piece.

578
00:40:02,360 --> 00:40:04,280
And we also have some liability components

579
00:40:04,280 --> 00:40:06,160
that push those people up.

580
00:40:06,480 --> 00:40:08,220
But we'll take you to the next piece.

581
00:40:08,340 --> 00:40:08,520
Right.

582
00:40:08,840 --> 00:40:09,040
Right.

583
00:40:09,540 --> 00:40:12,280
That's something that is very tough questions.

584
00:40:12,520 --> 00:40:13,200
The rent of the...

585
00:40:13,200 --> 00:40:14,340
I was going to ask you that quick.

586
00:40:14,660 --> 00:40:15,340
The rent of the two.

587
00:40:15,600 --> 00:40:16,700
Did you want to have two?

588
00:40:21,040 --> 00:40:27,120
I'm not asking any more questions now or you won, I mean, you will too, it's all I can say and I'm not going to talk to you.

589
00:40:29,800 --> 00:40:37,980
So we did have some savings there, an increase in other but again that's how we move the events and so there's some changes there.

590
00:40:38,520 --> 00:40:44,600
We had some dues and subscriptions that we moved categorically just because they made sense they were in a software category

591
00:40:44,600 --> 00:40:49,000
really didn't need to be there. So thank you to Gaspi. We had to make some changes

592
00:40:49,000 --> 00:40:54,740
as far as to where we spent some things. So, um, transfers out. One thing that's

593
00:40:54,740 --> 00:40:59,800
important on this one is giving these budgets, I'm comparing to a minted budget.

594
00:41:00,000 --> 00:41:05,480
And so, you know, we did the cost of living in Greece in April. And so, it's better to

595
00:41:05,480 --> 00:41:10,200
do what's current. And so, because we did that transfer out to asset replacement

596
00:41:10,200 --> 00:41:12,120
that mid year two, that's comparing to this,

597
00:41:12,300 --> 00:41:14,460
but really what you're looking at is

598
00:41:14,460 --> 00:41:17,480
unless you're our asset placement transfer of 650,000,

599
00:41:17,940 --> 00:41:20,380
and as you're, and we bumped into 750,000.

600
00:41:20,540 --> 00:41:23,060
So that's on our five-year forecast

601
00:41:23,060 --> 00:41:24,780
and something we've talked about several times.

602
00:41:25,160 --> 00:41:27,340
And then we didn't have an increase to development services.

603
00:41:27,700 --> 00:41:28,880
I'm just roughly, you can remember

604
00:41:29,280 --> 00:41:29,920
building services.

605
00:41:30,120 --> 00:41:30,900
As part of the general fund,

606
00:41:30,900 --> 00:41:33,060
we just show it separately for accounting reasons.

607
00:41:33,320 --> 00:41:36,560
So when they have a shortfall in revenue and expenses,

608
00:41:36,880 --> 00:41:38,540
then we, the general fund gap rules that,

609
00:41:38,540 --> 00:41:41,800
but it will be no different than if they were part of the general fund, just the way we

610
00:41:41,800 --> 00:41:44,360
account for it, so that you can clearly see what we're moving.

611
00:41:45,800 --> 00:41:49,900
Any specific questions on that as it relates to this year or we're going to make sure that

612
00:41:49,900 --> 00:41:50,660
you guys might have?

613
00:41:55,570 --> 00:41:59,230
A little bit different look at personal instances, we talked about what all was included in

614
00:41:59,230 --> 00:41:59,390
there.

615
00:42:01,070 --> 00:42:06,630
So we're assuming a standard 3% very increased for general government employees, that's based

616
00:42:06,630 --> 00:42:12,290
on evaluation, and then a 3% step for all eligible public safety employees not only commission

617
00:42:12,990 --> 00:42:19,370
folks over there. And then it does include a 15% increase in room health. So that comes back better than a lot of some savings there.

618
00:42:19,530 --> 00:42:25,250
We just want to do the worst case because we just don't know where I'm starting to get it. It's a good pressure to get it to 5.

619
00:42:25,670 --> 00:42:28,810
That's what Kim's goal is 5. Someone has a good state for her to fund that.

620
00:42:30,570 --> 00:42:35,090
A little bit of an increase in TMRS rates, but again, you're going to see that sometimes when investment rates are up.

621
00:42:35,970 --> 00:42:38,970
So there's some different calculations they go under. That's what they want.

622
00:42:38,970 --> 00:42:41,690
and then Kim will present to you guys a little bit later

623
00:42:41,690 --> 00:42:43,610
when she talks about employee interest, right?

624
00:42:44,090 --> 00:42:46,270
Not today, but Kim can nerd out on that stuff,

625
00:42:46,410 --> 00:42:49,390
but basically the long story less long on it is,

626
00:42:49,530 --> 00:42:54,330
we have a 2 to 1 match, 7% employees, 14% from the city.

627
00:42:54,810 --> 00:42:57,090
Based off of a lot of different factors

628
00:42:57,570 --> 00:42:58,970
that she can nerd out on later,

629
00:42:59,590 --> 00:43:01,850
we are under that 14% on our contribution

630
00:43:01,850 --> 00:43:04,710
to the 2 to the 2 to the about 11.69 or something like that.

631
00:43:04,990 --> 00:43:05,590
11.39?

632
00:43:05,970 --> 00:43:06,150
Close.

633
00:43:07,910 --> 00:43:09,510
So, that's a good thing.

634
00:43:09,990 --> 00:43:11,730
And we're heavily funded, what can I mean?

635
00:43:12,410 --> 00:43:12,850
93%.

636
00:43:12,850 --> 00:43:14,630
That's a greater than your sample of unreported.

637
00:43:14,630 --> 00:43:16,670
Yeah, so we're doing really well in that regard.

638
00:43:18,250 --> 00:43:21,230
So remember, this personnel expenses here include,

639
00:43:21,530 --> 00:43:23,170
your salaries are going to get your travel training.

640
00:43:23,470 --> 00:43:26,870
So, you can see how that breaks out there.

641
00:43:28,450 --> 00:43:31,610
Then new positions that are included in this right now.

642
00:43:31,790 --> 00:43:33,650
It's up to say that this is, look at this is draft.

643
00:43:33,650 --> 00:43:39,570
These kind of align with the priorities that are outlined on Friday, somehow that just

644
00:43:39,570 --> 00:43:40,370
work to sell out.

645
00:43:40,970 --> 00:43:45,130
Assistant Director for Information Technology, so one of the things, that things, the

646
00:43:45,130 --> 00:43:51,350
third year in the road that this has been a request, you'll know what the technology department

647
00:43:51,350 --> 00:43:58,070
does, but now she's also taken on innovation, and so there's some new things that are going

648
00:43:58,070 --> 00:44:05,870
to be pushed away as far as all this innovation going away and that being merged with technology.

649
00:44:06,210 --> 00:44:08,270
So the lead innovation in technology is that you're trying to do that.

650
00:44:08,270 --> 00:44:10,350
Yeah, the Department of Innovation Technology.

651
00:44:10,510 --> 00:44:15,910
Really, the innovation piece is really kind of an offshoot of what it was initially intended to be.

652
00:44:16,550 --> 00:44:21,530
Focusing more on how to utilize technology to be more efficient, cutting costs in some areas from that.

653
00:44:21,890 --> 00:44:25,610
City University, Citizens Academy, revamping some of that.

654
00:44:25,610 --> 00:44:32,950
So that's really kind of the focus on that working with departments on helping you know efficiency from a very simplistic level.

655
00:44:36,670 --> 00:44:41,530
The other thing that has happened is that the garage is now in the direction of how it works.

656
00:44:41,930 --> 00:44:44,730
So Stuart and his dean are already supervising the garage.

657
00:44:46,670 --> 00:44:49,570
It was under innovation, well, it garages its own fund,

658
00:44:49,730 --> 00:44:51,030
the reverse was not part of the general fund,

659
00:44:51,170 --> 00:44:53,410
it's funded by the General Fund and Water Fund.

660
00:44:53,670 --> 00:44:55,990
But before that, it was under the Office of Innovation

661
00:44:55,990 --> 00:44:56,930
as far as supervision.

662
00:44:57,590 --> 00:44:59,470
So now it's going to be under the works.

663
00:45:00,000 --> 00:45:28,700
So when we went through that reorganization process, we brought purchasing back into the finance department, which is really where it should be. And so you'll see an increase there from the shift from the broad fund, but the decrease on expenses because we're not transferring that money out to the broad fund. So it's really just a alignment there. But that's going to allow us to have a dedicated purchasing compliance person on staff, which is really needed. And they won't just be doing purchasing, but be learning a lot of gas be accounting.

664
00:45:28,700 --> 00:45:34,980
they have been aligned with capital leases and those kind of things and then also contract

665
00:45:34,980 --> 00:45:41,000
compliance and things like that. So we have to begin that they won't see an impact

666
00:45:41,000 --> 00:45:45,620
other than an increase in the loan and increase in another. Re-defining some life equipment

667
00:45:45,620 --> 00:45:49,700
operators in the street department, basically they're all doing the same job but paid for

668
00:45:49,700 --> 00:45:54,420
at different levels and so that's just kind of a staffing alignment situation. And then we

669
00:45:54,420 --> 00:46:00,800
We still have a consideration for EMS personnel, and there's some others that I wouldn't say are necessarily off the table.

670
00:46:00,980 --> 00:46:06,300
We just at the point where we were with the resources we have, that's still a process to work with.

671
00:46:06,720 --> 00:46:12,260
So, yeah, not really on this budget, but as over the next six to eight months, you know, as we kind of work through some things,

672
00:46:12,580 --> 00:46:17,160
you know, we are working with each director on, you know, some of the challenges that entry level positions coming in.

673
00:46:17,680 --> 00:46:22,060
You know, as a former paramedic, you know, there are some challenges in retaining paramedics, especially with the private sector.

674
00:46:22,060 --> 00:46:26,120
So we're going to be working with our teams on what that looks like, how we can, you know,

675
00:46:26,240 --> 00:46:30,240
try to align some of their business models and figure out how to get creative on retention

676
00:46:30,240 --> 00:46:30,760
and recruitment.

677
00:46:30,780 --> 00:46:34,160
So some of those things are going to be coming over the next, you know, six to eight months.

678
00:46:35,540 --> 00:46:43,530
Just Julie, does this include the budget for 26 vacancies that we have as high-weighted

679
00:46:43,530 --> 00:46:43,610
on?

680
00:46:43,630 --> 00:46:43,790
Yeah.

681
00:46:43,930 --> 00:46:45,070
They're budgeted within there.

682
00:46:45,190 --> 00:46:47,690
So we budget for every position that is here.

683
00:46:48,390 --> 00:46:55,490
The only thing that we do is put some salary savings in a general operations line for the overall fund.

684
00:46:56,230 --> 00:47:00,870
So that way we're not seeing crazy fluctuations in salary.

685
00:47:01,090 --> 00:47:03,010
So we budget for every position that is approved.

686
00:47:03,510 --> 00:47:10,830
And then if we have vacancies, then we keep that in a separate line and that gets offset in the year.

687
00:47:11,010 --> 00:47:12,330
Because we know there's no vacancies.

688
00:47:12,750 --> 00:47:15,970
But we don't want a budget in that department level because then you might live in a department short

689
00:47:16,990 --> 00:47:19,250
because you assume that we're going to have an X-ray consistency

690
00:47:19,250 --> 00:47:21,770
that we didn't, meanwhile, another apartment had over just,

691
00:47:21,830 --> 00:47:23,510
because being in the name of the General Funds of General Funds,

692
00:47:23,790 --> 00:47:26,230
so you'll see that on this guy right here,

693
00:47:26,250 --> 00:47:28,350
actually, on the last page, it's at 0198,

694
00:47:28,350 --> 00:47:29,270
that's in our general operations.

695
00:47:29,950 --> 00:47:32,250
You'll see in salaries, and you'll see in salaries savings there.

696
00:47:32,710 --> 00:47:33,970
That's why they'll look at an expense line.

697
00:47:34,150 --> 00:47:35,730
There's a credit for $150,000.

698
00:47:35,910 --> 00:47:37,450
It's not actually the very last page.

699
00:47:37,850 --> 00:47:38,410
That's very popular.

700
00:47:39,050 --> 00:47:39,910
And so you'll see that.

701
00:47:40,050 --> 00:47:40,710
Flip one back.

702
00:47:40,710 --> 00:47:46,870
I see at the very very top of the last setting right there.

703
00:47:47,350 --> 00:47:50,350
Of course, the salaries of wages, that credit right there,

704
00:47:50,450 --> 00:47:51,950
that's an assumption of salary savings,

705
00:47:52,130 --> 00:47:53,230
which that's a low assumption.

706
00:47:54,410 --> 00:47:55,730
But you don't have to be crazy on that.

707
00:47:55,810 --> 00:48:00,110
I think it's just a little bit of a way to offset some of the vacancies

708
00:48:00,110 --> 00:48:02,510
without being in that department, whether it's for somebody in mind.

709
00:48:03,590 --> 00:48:04,370
Thank you, ma'am.

710
00:48:04,610 --> 00:48:06,790
We'll cut here two parks maintenance personnel,

711
00:48:06,790 --> 00:48:10,890
Now, yes, to allow dedicated staff for public safety facility,

712
00:48:11,290 --> 00:48:13,190
it says it's a partially year.

713
00:48:13,490 --> 00:48:17,350
So are we assuming that complex is going

714
00:48:17,350 --> 00:48:19,950
to be up and running by tomorrow?

715
00:48:20,650 --> 00:48:23,990
And then you're going to need dedicated staff for that.

716
00:48:24,610 --> 00:48:27,670
And then next year, we'll be budgeting full time.

717
00:48:28,050 --> 00:48:28,650
I'm going to stress with it.

718
00:48:28,830 --> 00:48:28,970
OK.

719
00:48:29,250 --> 00:48:32,050
And that's an assumption right now that the dedicated staff

720
00:48:32,050 --> 00:48:33,550
is going to take care of that.

721
00:48:34,170 --> 00:48:35,510
So there's a lot of still.

722
00:48:35,510 --> 00:48:37,490
but that's the assumption right now.

723
00:48:38,490 --> 00:48:39,770
Construction will be done by June.

724
00:48:40,250 --> 00:48:41,590
We'll start by in front of June,

725
00:48:41,750 --> 00:48:45,230
but you know how it has to be, it mediates June, right?

726
00:48:45,750 --> 00:48:47,730
So, I'll have to be in there working on it.

727
00:48:48,570 --> 00:48:50,750
I think we budgeted in July with the understanding

728
00:48:50,750 --> 00:48:52,150
that if we need to give them a third of June,

729
00:48:53,030 --> 00:48:57,170
but we want to in there and within the budget

730
00:48:57,170 --> 00:48:58,910
and approve so that we can add those.

731
00:48:59,410 --> 00:49:01,450
Yeah, and this kind of, you know, completes the,

732
00:49:01,590 --> 00:49:04,450
you know, objective of the Public Safety Center facility

733
00:49:04,450 --> 00:49:08,070
and you know Council's objectives last year on public safety so this just kind of

734
00:49:08,070 --> 00:49:12,130
fills that on that personal request. Some of the things we'll still talk about

735
00:49:12,130 --> 00:49:15,230
and it's a constant conversation with our directors on many different things

736
00:49:15,230 --> 00:49:18,970
as whether we outsource or whether we bring in house because we already have our

737
00:49:18,970 --> 00:49:23,170
kind of maintenance and in general staff in house we said hey why not try to you

738
00:49:23,170 --> 00:49:26,810
know create those full-time positions but we may bring something a different

739
00:49:26,810 --> 00:49:29,870
option later but as of now we recommended bringing them in house.

740
00:49:32,720 --> 00:49:34,680
Do you have any other questions on for sale?

741
00:49:35,000 --> 00:49:35,300
No.

742
00:49:36,000 --> 00:49:36,680
I can do a lot.

743
00:49:37,040 --> 00:49:40,740
I mean, you know, without them, we can't do the work.

744
00:49:41,740 --> 00:49:42,820
Oh, no, no.

745
00:49:43,980 --> 00:49:45,280
I'm just going to ask.

746
00:49:45,640 --> 00:49:46,220
I just don't know.

747
00:49:46,400 --> 00:49:46,720
I'm out of that.

748
00:49:46,820 --> 00:49:48,180
I've both had a big talk.

749
00:49:48,460 --> 00:49:48,620
Yeah.

750
00:49:51,730 --> 00:49:52,050
Okay.

751
00:49:53,050 --> 00:49:54,770
This is just another slide on personnel.

752
00:49:54,770 --> 00:49:56,490
I think I showed you this last year.

753
00:49:57,030 --> 00:49:59,950
You know, I would say you can use to be our top priority.

754
00:50:00,270 --> 00:50:00,810
And that's a curvil.

755
00:50:00,810 --> 00:50:06,090
2015 tells us to do that's what our budget continues to show, so just want to do it at

756
00:50:06,090 --> 00:50:11,510
when we get personnel, the interesting thing to point out is when we look at the total

757
00:50:11,510 --> 00:50:17,070
public safety preliminary budget and this is all things inclusive from $20.1 million and

758
00:50:17,070 --> 00:50:22,910
our property taxes give or take 12, so just to point out, I think it's important to know

759
00:50:22,910 --> 00:50:27,090
that we do use other revenue streams to provide services that we provide.

760
00:50:27,090 --> 00:50:27,950
Okay,

761
00:50:32,310 --> 00:50:34,390
quick look at the street maintenance.

762
00:50:34,770 --> 00:50:38,310
So I stated to kind of put together his kind of layout

763
00:50:38,310 --> 00:50:40,610
of what was going to be happening in 25.

764
00:50:40,990 --> 00:50:42,010
Keep in mind, this is preliminary,

765
00:50:42,770 --> 00:50:44,390
but he can certainly answer any questions

766
00:50:44,390 --> 00:50:45,810
that you'll might have on streets.

767
00:50:45,810 --> 00:50:47,570
But right now, this is what's been identified

768
00:50:47,570 --> 00:50:50,890
as the maintenance list for the coming year.

769
00:50:51,630 --> 00:50:54,290
And then again, you know, we had that $100,000 increase

770
00:50:54,290 --> 00:50:56,470
in the street maintenance one item.

771
00:50:56,670 --> 00:50:59,730
But what I have to do is, and I was surprised,

772
00:50:59,730 --> 00:51:03,690
I think is when we talked about Friday that Streets didn't float to the top of everything

773
00:51:03,690 --> 00:51:08,490
like it has in the past several years and I think that just speaks to what's been done by

774
00:51:08,490 --> 00:51:12,890
this council by the past, you know, two or three councils to address that issue.

775
00:51:13,050 --> 00:51:16,730
I think David and this is a great job of getting us back in place.

776
00:51:16,890 --> 00:51:21,130
And I think we've increased the budget this year on, rather than by, I think about 100,000.

777
00:51:21,130 --> 00:51:21,410
100,000.

778
00:51:21,990 --> 00:51:25,710
What's the difference between lowest street north one and lowest street north two?

779
00:51:25,710 --> 00:51:33,690
is it just two separate timelines really saying street or it's two different

780
00:51:34,490 --> 00:51:38,710
street sections. Okay. You know, it broke down a little so it has two.

781
00:51:43,190 --> 00:51:44,010
Anything else on

782
00:51:44,010 --> 00:51:45,690
street? Questions or comments on that?

783
00:51:48,150 --> 00:51:50,910
It is pretty quickly. So what about expenses

784
00:51:50,910 --> 00:51:57,150
in New York? I know we talked a little bit about this stuff on Friday but anything

785
00:51:57,150 --> 00:52:03,170
specific that you guys don't know or we like to see more detail on as far as to

786
00:52:03,170 --> 00:52:10,450
business related to the journal. I don't know where this falls in funding but I've

787
00:52:10,450 --> 00:52:17,750
got a couple of inquiries about the entrance to our city and our city of

788
00:52:17,750 --> 00:52:25,680
curvil sign and maintenance on that or repainting of it or something just some

789
00:52:25,680 --> 00:52:37,480
some TLC from 10 other? Yes. So we maintain the sign. Okay. Years ago we were told to

790
00:52:37,480 --> 00:52:42,420
maintain all of it all four corners of it but we don't have an agreement with

791
00:52:42,420 --> 00:52:48,120
textite. It's a really hilly, dangerous kind of hearing to know that textite

792
00:52:48,120 --> 00:52:53,160
normally takes care of. And so we'd like to push that back onto them except that

793
00:52:53,160 --> 00:52:58,540
That piece of the sign is ours, so we'll continue to maintain that, but you were getting

794
00:52:58,540 --> 00:53:06,600
calls about sign itself, I'll put some shine to it, we can look at that without it being

795
00:53:07,420 --> 00:53:07,860
costly.

796
00:53:09,520 --> 00:53:11,060
Yes, ma'am.

797
00:53:11,080 --> 00:53:12,720
Give me some paint, I'll go do it.

798
00:53:14,060 --> 00:53:15,260
I'll go do it.

799
00:53:15,260 --> 00:53:15,600
I'll help you.

800
00:53:15,600 --> 00:53:16,080
We'll go do it.

801
00:53:16,380 --> 00:53:17,060
I'll help you.

802
00:53:17,220 --> 00:53:17,340
Yes.

803
00:53:17,840 --> 00:53:18,880
We'll have a council pay today.

804
00:53:19,520 --> 00:53:19,740
There you go.

805
00:53:19,820 --> 00:53:19,960
Yeah.

806
00:53:19,960 --> 00:53:20,940
I don't know, that would be awesome.

807
00:53:21,480 --> 00:53:22,320
You can't blame what you say.

808
00:53:23,480 --> 00:53:24,840
Make that happen next week.

809
00:53:25,220 --> 00:53:25,940
Just do it on board.

810
00:53:27,200 --> 00:53:29,080
Don't let Cam or...

811
00:53:30,970 --> 00:53:32,950
Okay, get away from her.

812
00:53:33,330 --> 00:53:35,570
Are you still a city attorney?

813
00:53:36,490 --> 00:53:37,930
I was thinking of...

814
00:53:37,930 --> 00:53:39,850
Oh, you really don't even know that.

815
00:53:40,250 --> 00:53:41,650
I've heard about that part of time.

816
00:53:41,950 --> 00:53:42,430
I'm not sure.

817
00:53:43,390 --> 00:53:44,510
That part on him.

818
00:53:45,070 --> 00:53:45,330
He did it.

819
00:53:45,810 --> 00:53:46,450
What is that?

820
00:53:48,990 --> 00:53:58,770
So do you compare year-to-year about efficiencies in the departments, or like, internally,

821
00:53:59,390 --> 00:54:06,130
like, some kind of a measurement that kind of gets like, you know, we're doing better

822
00:54:06,130 --> 00:54:10,450
here than we do because it's best by population or it's fine.

823
00:54:10,450 --> 00:54:13,410
Whatever, I mean, is it hard to have different measures better?

824
00:54:13,810 --> 00:54:17,030
You're tracking some out and say, well, we're getting it.

825
00:54:17,230 --> 00:54:19,070
We're getting more efficient every investment.

826
00:54:19,650 --> 00:54:23,450
Right. So every department has their own set of performance measures.

827
00:54:23,590 --> 00:54:25,930
When we talked about different ways of measures on Friday,

828
00:54:27,330 --> 00:54:28,850
depending on what their jobs are.

829
00:54:29,130 --> 00:54:32,950
And so they all measure center-owned models based on their own performance

830
00:54:32,950 --> 00:54:34,350
and then measure that year and year.

831
00:54:35,470 --> 00:54:37,830
And I guess the specific question is specific to our,

832
00:54:37,930 --> 00:54:38,670
and they can speak to that.

833
00:54:38,670 --> 00:54:40,590
but basically everybody has their own kind of set.

834
00:54:40,890 --> 00:54:42,170
Yeah, very fresh work.

835
00:54:42,750 --> 00:54:43,410
Expense yes.

836
00:54:43,970 --> 00:54:46,330
Yes, so to answer your question, yes.

837
00:54:46,630 --> 00:54:47,310
They do have it.

838
00:54:47,830 --> 00:54:48,590
One of the things that we,

839
00:54:49,450 --> 00:54:50,890
and to that point of the data,

840
00:54:51,070 --> 00:54:53,630
metrics that we kind of showed convoluted a bit,

841
00:54:54,310 --> 00:54:56,830
we were having some issues with expenses of collecting that data

842
00:54:56,830 --> 00:54:58,750
and how to manipulate that data.

843
00:54:58,910 --> 00:54:59,890
So the directors have it.

844
00:55:00,130 --> 00:55:00,930
You know, we get it.

845
00:55:01,150 --> 00:55:02,270
We are working on,

846
00:55:02,270 --> 00:55:03,650
and that's kind of what the Office of Innovation

847
00:55:03,650 --> 00:55:04,850
is really going to focus on.

848
00:55:04,950 --> 00:55:07,370
How do we efficiently now get that information from it

849
00:55:07,370 --> 00:55:09,830
so we can better track and better measure that

850
00:55:10,710 --> 00:55:12,850
for cost-based budgeting and priority-based budgeting.

851
00:55:13,430 --> 00:55:16,030
So we aren't getting better at trying to actually

852
00:55:16,030 --> 00:55:17,670
get that data and track it.

853
00:55:17,730 --> 00:55:19,170
They are collecting it, we just gotta get it.

854
00:55:19,890 --> 00:55:22,750
They've got their monthly expense reports

855
00:55:22,750 --> 00:55:24,250
and those kind of things and they have access

856
00:55:24,250 --> 00:55:26,170
as we talked about this putting in their own budgets

857
00:55:26,170 --> 00:55:28,770
within the software, they have access to that ledger

858
00:55:28,770 --> 00:55:30,390
at all times and so they can look at,

859
00:55:30,690 --> 00:55:33,330
I'll move back to 2050, I think, in the ledger.

860
00:55:33,330 --> 00:55:41,470
Well, you know, something that's simple is that as you compare to a population size or whatever,

861
00:55:41,830 --> 00:55:42,190
I mean, it's not.

862
00:55:42,770 --> 00:55:48,070
I mean, I already get down to the weeds, and it can be really difficult, but I mean, it's

863
00:55:48,070 --> 00:55:49,710
just like an overall perspective.

864
00:55:49,970 --> 00:55:57,190
And secondarily, I do not, as other cities have their budgets through, can we not compare how

865
00:55:57,190 --> 00:56:07,050
we are, you know, like by population size, I know everybody's got a different size park

866
00:56:07,050 --> 00:56:13,910
system or whatever, but it's still and give you some, you know, where are we spending

867
00:56:13,910 --> 00:56:16,970
more money than other cities, relatively.

868
00:56:17,430 --> 00:56:22,870
Yeah, so that was a tough one and the reason why is I'm going to use my value as an example.

869
00:56:23,070 --> 00:56:26,510
Predominantly industry, they're putting in a billion dollars of industry a year, their tax

870
00:56:26,510 --> 00:56:31,810
rates low, that's relatively comparable, but the residential rate is a

871
00:56:31,810 --> 00:56:36,470
move point. Or my old city, town of 5,000, bedroom community, all residential

872
00:56:36,470 --> 00:56:41,530
96% of the revenue was from rooftops. Where we're just talking about the

873
00:56:41,530 --> 00:56:45,050
general fund here and so because we have that diversity of sales tax and

874
00:56:45,050 --> 00:56:48,830
everything, we try to find comparable cities that we can kind of, you know, I'm

875
00:56:48,830 --> 00:56:51,970
not going to say mirror, but hey, what are best practices? That's why we go to the

876
00:56:51,970 --> 00:56:56,130
conferences and look. But sometimes the apples to apples, this is very tough.

877
00:56:56,910 --> 00:57:03,770
There was no national organization in the United States.

878
00:57:03,850 --> 00:57:10,130
Not really a GFOA, a GFOA, is the government finance officer association.

879
00:57:10,430 --> 00:57:15,350
They do a lot of the best practices when it comes to the financing piece, Texas City

880
00:57:15,350 --> 00:57:20,610
Managers Association, and each kind of individual association for department-specific public

881
00:57:20,610 --> 00:57:21,050
works.

882
00:57:21,450 --> 00:57:25,050
We go to there, we get best practices, what are they doing right, what are they not doing

883
00:57:25,050 --> 00:57:29,970
right you know kind of what Alicia said R&D rip off and duplicate but as far as

884
00:57:29,970 --> 00:57:33,990
metrics you'll get at articles every now and then that'll kind of talk about

885
00:57:33,990 --> 00:57:40,470
things but it's we try it on the water fund it's a little bit easier because

886
00:57:40,470 --> 00:57:44,970
you're looking at more of a very rate specific situation but like in the

887
00:57:44,970 --> 00:57:48,330
general fund our general fund might be made about different departments

888
00:57:48,330 --> 00:57:51,930
in the visions and someone else in general and so like for example we've said

889
00:57:51,930 --> 00:57:55,270
parts of these parts. Our parts of our man also includes building the

890
00:57:55,270 --> 00:57:59,130
ceiling maintenance. So, someone else might have that in a different. So, if you

891
00:57:59,130 --> 00:58:03,930
took it as a total, you're not comparing apples to allies. So, a great example would

892
00:58:03,930 --> 00:58:08,070
be to Julie's point. Water fund, you could probably find from an enterprise or a

893
00:58:08,070 --> 00:58:12,630
business perspective, you can't do some good comparative analysis against other cities,

894
00:58:13,190 --> 00:58:16,250
but like a pool for example. It all really kind of depends on what the community

895
00:58:16,250 --> 00:58:21,570
wants. Does the community want to have an omitted or like events? Does the public

896
00:58:21,570 --> 00:58:26,170
What I want to have in a minute is that people can go to, you know, at no cost or a low-cost,

897
00:58:26,510 --> 00:58:29,070
or is that an enterprise fund that's trying to make money?

898
00:58:29,270 --> 00:58:33,330
Our pool is in the general fund, so it's kind of subsidized by the general fund, and we're

899
00:58:33,330 --> 00:58:34,010
okay with that.

900
00:58:35,070 --> 00:58:42,590
So, no thing you're going to find in another city that's, I think, and all in the bank business,

901
00:58:43,110 --> 00:58:46,790
we have data on my industry co-tape.

902
00:58:46,790 --> 00:58:53,790
We have, you know, banks all across the country were into an organization to me.

903
00:58:54,510 --> 00:59:03,170
And so, our customer, whatever you see is doing, while we can compare the average.

904
00:59:03,630 --> 00:59:10,050
And obviously, there's lots of outliers within the average, but the average is still telling

905
00:59:10,050 --> 00:59:10,310
us.

906
00:59:10,910 --> 00:59:11,090
Yes.

907
00:59:11,090 --> 00:59:17,150
And so, if you wouldn't be much help, really to try to

908
00:59:19,230 --> 00:59:21,610
just apply in two or three cities,

909
00:59:21,610 --> 00:59:24,890
you'd thought the were short of the same, I think it'd be a lot more help than if somebody

910
00:59:24,890 --> 00:59:27,290
was putting together all the cities.

911
00:59:28,110 --> 00:59:38,490
And maybe with strength, I'm by size a little bit, and then you can say, well, yeah, we're

912
00:59:38,490 --> 00:59:43,150
different here because of this or that, but at least you are looking at some, you know,

913
00:59:43,410 --> 00:59:47,230
the year in the ballpark, or you're not in the ballpark, and why might that be?

914
00:59:47,630 --> 00:59:47,790
Yeah.

915
00:59:48,110 --> 00:59:48,210
Yeah.

916
00:59:48,370 --> 00:59:53,510
The enterprise funds, water, wastewater, sewer, garbage, electric, all of those are pretty

917
00:59:53,510 --> 00:59:54,870
much common industry standards.

918
00:59:55,750 --> 00:59:59,970
When you look at the general fund or city hall, it's kind of a holding company for a-

919
01:00:00,000 --> 01:00:29,800
So, there are a lot of different outliers, some are loss leaders, some are profit or enterprise. All the enterprise stuff, you can pretty much get benchmark. A lot of the loss leaders you can kind of get benchmark, but it really depends on each individual community. I would say the big differences for us in other cities that have diversity of revenue, sales tax, property tax, commercial, is we have a frozen tax rate. So, everybody has different levels of frozen tax rates, some have home state exemptions. So, when you're looking at just the general fund, it becomes really challenging.

920
01:00:29,800 --> 01:00:35,260
just because it's very specific you also have it to where we have to be

921
01:00:35,260 --> 01:00:39,440
structurally balanced within our general fund so it's got to be you know zero zero at the bottom

922
01:00:39,440 --> 01:00:43,320
where other cities don't have to be structurally balanced they could be mathematically balanced

923
01:00:43,320 --> 01:00:47,880
across the entire city and so because we have to be structurally balanced within our general fund

924
01:00:47,880 --> 01:00:52,760
for the charter a cruise and all that really don't exist so it's kind of a hybrid zero based

925
01:00:52,760 --> 01:00:58,440
budgeting from the get go but yes the industry stuff we do get benchmarks we we can look at the

926
01:00:58,440 --> 01:01:03,000
industry, we do bring consultants in that do a lot of our long-range planning, master planning,

927
01:01:03,200 --> 01:01:09,240
that do bring in a lot of the industry standards into, you know, rates, storm water, water,

928
01:01:09,620 --> 01:01:13,580
waste water. So there is that, it's just a little bit more difficult when it comes to the general

929
01:01:13,580 --> 01:01:18,840
fund. You mentioned that, probably, speaking to your point, I think the five of us,

930
01:01:19,820 --> 01:01:26,160
wanted to assure people that we are efficiently using tax money. And can't experience that his

931
01:01:26,160 --> 01:01:32,280
industry shows where there's a benchmark and we should be roughly in this range and either

932
01:01:32,280 --> 01:01:33,720
we have not lower high or low.

933
01:01:34,120 --> 01:01:39,380
Well, there's a lot of reasons why we won't be like the ones that are in there, but the

934
01:01:39,380 --> 01:01:41,060
average is still telling stories.

935
01:01:42,080 --> 01:01:48,360
And so I think, you know, it'd be good for us to know that story, even, and sure we can

936
01:01:48,360 --> 01:01:55,440
say, well, on average, we're different, you know, from these other cities because whatever,

937
01:01:55,440 --> 01:02:05,400
That's fine, but it would pop out some things and say, well, you know, we should be different here because this is a kind of city we are.

938
01:02:05,820 --> 01:02:11,240
Yeah, and so, but I don't, but you've got to have some decent data.

939
01:02:11,580 --> 01:02:16,520
Yeah, and you know, thinking about the general fun and kind of diving into this rabbit hole just a little bit, you know.

940
01:02:16,620 --> 01:02:19,140
So let's say we pick three cities and we say, all right.

941
01:02:19,140 --> 01:02:20,380
Let's go to the number number.

942
01:02:20,860 --> 01:02:21,300
No, no.

943
01:02:21,600 --> 01:02:22,180
Big number.

944
01:02:22,520 --> 01:02:23,340
Big number series.

945
01:02:23,480 --> 01:02:27,360
Not trying to find somebody like you, but find a big set.

946
01:02:27,700 --> 01:02:29,600
Well, and if they see what the averages are.

947
01:02:29,740 --> 01:02:29,920
Yeah.

948
01:02:30,140 --> 01:02:30,860
One so and so.

949
01:02:31,260 --> 01:02:32,960
OK, so taking the big averages.

950
01:02:33,180 --> 01:02:35,460
So where the complexity comes in is all right,

951
01:02:35,460 --> 01:02:37,740
look at the average of tax rate across the board.

952
01:02:38,140 --> 01:02:40,720
Well, then you factor in what's the diversity of that

953
01:02:40,720 --> 01:02:41,160
tax rate.

954
01:02:41,380 --> 01:02:42,880
So OK, you could probably find that.

955
01:02:43,300 --> 01:02:46,380
So then you go, OK, what's their water rate?

956
01:02:46,560 --> 01:02:48,180
What's their sales tax rate?

957
01:02:48,180 --> 01:02:49,700
Do they have an EDC and EIC?

958
01:02:49,980 --> 01:02:50,940
Do they have additional stuff?

959
01:02:51,140 --> 01:02:55,320
And so we can ask around to see if there's consultants that do that

960
01:02:55,320 --> 01:02:58,040
or what that would look like, but it does get very complicated.

961
01:02:58,380 --> 01:03:01,100
I don't think we need to be spending a ton of money for consultants.

962
01:03:01,280 --> 01:03:05,600
The question is, really, is there data that we can't let's out there

963
01:03:05,600 --> 01:03:09,360
that would normally be put together by some industry group?

964
01:03:09,780 --> 01:03:12,520
And it would, you know, for the use of their members

965
01:03:13,140 --> 01:03:16,780
because it's beneficial for them all to know whether they're being

966
01:03:16,780 --> 01:03:20,700
or not and what kind of things are doing right and wrong and it ends up in the numbers.

967
01:03:21,400 --> 01:03:22,460
That's all, maybe.

968
01:03:22,760 --> 01:03:24,340
Yeah, we'll take a look.

969
01:03:24,760 --> 01:03:26,880
Yeah, most of the interval, we'll take a look.

970
01:03:27,000 --> 01:03:30,640
Yeah, and is all kinds of excuses about, well, we're different than that.

971
01:03:30,820 --> 01:03:36,960
But if you have the largest, not large enough sample, the differences get kind of smoothed out.

972
01:03:37,440 --> 01:03:38,340
I can look on people.

973
01:03:38,600 --> 01:03:43,880
I haven't seen it either, but we'll see, we'll explore it and see.

974
01:03:43,880 --> 01:03:46,160
just because there is so many variables in a journal.

975
01:03:46,280 --> 01:03:50,860
And on that theme on Friday, we also talked about new technology which may improve productivity

976
01:03:51,700 --> 01:03:57,420
and say torque, Mr. Burrero, both talking about power.

977
01:03:58,200 --> 01:04:02,140
There are some tools available that we make it implemented that would help make us more

978
01:04:02,140 --> 01:04:02,380
productive.

979
01:04:03,380 --> 01:04:11,640
So, yeah, as far as efficiency goes, I mean, should be nice, maybe there is, there's something

980
01:04:11,640 --> 01:04:19,460
need to work on every day and so what kind of program that there is is you know

981
01:04:19,460 --> 01:04:27,960
everything when the bottom up the people that are doing the job they know you

982
01:04:27,960 --> 01:04:32,520
know what's a pain to get done and what's not a pain to get done and how can

983
01:04:32,520 --> 01:04:36,620
we do it better and it's amazing how much difference you can make if you really

984
01:04:36,620 --> 01:04:41,020
just you know it starts the bottom and say you know how can we make your

985
01:04:42,960 --> 01:04:48,500
We're doing it just because we've always done this way, and they're not a better way.

986
01:04:49,220 --> 01:04:54,120
And somebody really ever gone through that process, and it's really like, I'm going

987
01:04:54,120 --> 01:04:54,840
it all the time.

988
01:04:56,200 --> 01:04:57,920
And because efficiency,

989
01:05:00,430 --> 01:05:04,550
you know, permanent, you know, we've got, including having two

990
01:05:04,550 --> 01:05:11,230
digit codes instead of three or four, or whatever, because everything, every little keystroke

991
01:05:11,230 --> 01:05:17,690
that you say, so you have to really, you know, you're gonna pick it up and, you know,

992
01:05:17,770 --> 01:05:22,370
one little thing seems small, but it gets applied across a lot of different areas.

993
01:05:22,830 --> 01:05:30,890
So anyway, just, you know, because I know everywhere, not just in the city, but ever business,

994
01:05:31,470 --> 01:05:33,330
everywhere, you know, efficiency.

995
01:05:35,550 --> 01:05:37,390
We are constantly looking at the efficiency.

996
01:05:37,390 --> 01:05:39,570
So we'll see what, again, what information do you find?

997
01:05:40,590 --> 01:05:43,990
Any other questions?

998
01:05:44,450 --> 01:05:45,010
Before I move on.

999
01:05:45,250 --> 01:05:46,830
The comments are still

1000
01:05:51,730 --> 01:05:52,990
having to ask our placement.

1001
01:05:53,650 --> 01:05:55,870
So now we've brought you some information on this.

1002
01:05:56,050 --> 01:05:57,170
I believe back in May and come.

1003
01:05:57,790 --> 01:06:02,110
What a budget team we had done to work through this process over the past few years.

1004
01:06:02,170 --> 01:06:05,830
I feel like we have a really good solid knowledge of what we own now.

1005
01:06:06,550 --> 01:06:08,790
And look at when that needs to be replaced.

1006
01:06:09,210 --> 01:06:13,150
And some of our larger departments have internal replacement plans

1007
01:06:13,150 --> 01:06:16,850
that they put in place that really helped us with that because, you know, as

1008
01:06:16,850 --> 01:06:19,930
can said, the guys that are using it are the ones that don't. And so we really

1009
01:06:19,930 --> 01:06:23,670
brought them kind of to the conversation so that we know just because this

1010
01:06:23,670 --> 01:06:26,970
says on paper this should be what we should be doing is that really what we

1011
01:06:26,970 --> 01:06:31,750
should be doing and kind of updating the condition, I guess, for a lack of a

1012
01:06:31,750 --> 01:06:34,930
better word. And we do have a software that's doing a really good job of tracking

1013
01:06:34,930 --> 01:06:40,030
that now and then working with the city garage to make sure we do that. So the

1014
01:06:40,030 --> 01:06:46,090
The big chart on the left there basically gives you where we are and then what's proposed.

1015
01:06:46,530 --> 01:06:51,770
So at the top you'll see the 2024 Incomer Funds, those are things that are already

1016
01:06:51,770 --> 01:06:57,010
incomer that we're going to be spending this year, they haven't stayed yet and they will

1017
01:06:57,010 --> 01:06:57,230
leave.

1018
01:06:57,910 --> 01:07:04,610
And then so it gives you the proposed transfer in there that we talked about, estimated asset

1019
01:07:04,610 --> 01:07:05,010
disposal.

1020
01:07:05,270 --> 01:07:09,250
So anything that we sell that is an asset, the money from that goes right back into the

1021
01:07:09,810 --> 01:07:12,610
We'll talk about that just a little bit more in a minute.

1022
01:07:13,150 --> 01:07:14,390
So you can see total revenues there.

1023
01:07:14,970 --> 01:07:17,310
Before we can start, talk about anything we want to add.

1024
01:07:17,410 --> 01:07:18,530
We've talked about what's already committed.

1025
01:07:18,890 --> 01:07:20,670
So we have existing leases.

1026
01:07:20,910 --> 01:07:23,190
So those are lease agreements that we already have in place.

1027
01:07:23,610 --> 01:07:25,090
See why we did a joint fund.

1028
01:07:26,030 --> 01:07:27,290
We have that liability already.

1029
01:07:27,870 --> 01:07:30,330
And then moving on down to the proposed purchases.

1030
01:07:30,650 --> 01:07:34,730
This is a list by the department that you can see what we're proposing as of today.

1031
01:07:35,410 --> 01:07:39,970
If that could change, you know, revenues from disposal go up before the end of the year

1032
01:07:39,970 --> 01:07:43,650
or, you know, something happens, but, you know, of course, that will come back to you.

1033
01:07:44,210 --> 01:07:47,690
Also keep in mind that any purchase that we make that's over $50,000 has to come to you

1034
01:07:47,690 --> 01:07:48,150
for approval.

1035
01:07:48,770 --> 01:07:53,310
And so, you know, you think that whether it's allocated in the budget or not, you would see

1036
01:07:53,310 --> 01:07:55,230
that purchase on a council agenda.

1037
01:07:56,050 --> 01:07:58,030
So, you read down the miscellaneous charges.

1038
01:07:58,210 --> 01:07:58,350
Yes.

1039
01:07:59,570 --> 01:08:01,170
So, that's another gas need thing.

1040
01:08:01,170 --> 01:08:06,250
So typically, in the past, when we would incur a lease expense, it went into a lease expense.

1041
01:08:06,450 --> 01:08:09,090
So there was a delivery charge, and there was a registration charge.

1042
01:08:09,090 --> 01:08:11,630
If there was anything like that, it would get looked in there.

1043
01:08:11,790 --> 01:08:17,330
Well, the way Gasey makes us record those gamma leases now, we can't capitalize things like delivery fees.

1044
01:08:17,430 --> 01:08:18,370
So we had to bring that out.

1045
01:08:18,590 --> 01:08:20,050
So we're just going at this lane.

1046
01:08:20,130 --> 01:08:21,290
So we actually had to refine it.

1047
01:08:21,390 --> 01:08:26,550
It's on the calendar, so that's another Gasey thing that we have to do.

1048
01:08:26,550 --> 01:08:34,070
So, that's things like that, delivery fees or registrations or things from the one we receive

1049
01:08:34,070 --> 01:08:35,550
those new vehicles for equipment.

1050
01:08:36,510 --> 01:08:40,950
So everything on here that you're seeing is replacement, I'm not even going to try to

1051
01:08:40,950 --> 01:08:46,690
speak to the technology pieces there, but Sharpie's here if we want her to speak to any of

1052
01:08:46,690 --> 01:08:46,930
that.

1053
01:08:47,510 --> 01:08:53,850
But all of these are replacements with the exception in the very bottom where you see the

1054
01:08:53,850 --> 01:08:58,490
that jump your tractor with both area mower and parks is here to speak to that.

1055
01:08:59,350 --> 01:09:03,810
But what Shane and his team did this year is really kind of a right sizing exercise in their department

1056
01:09:03,810 --> 01:09:06,970
and they went through it said, okay, do we need the heavy trucks that we have?

1057
01:09:07,450 --> 01:09:07,590
No.

1058
01:09:07,710 --> 01:09:09,670
So let's get rid of some of those and visit lighter trucks.

1059
01:09:09,810 --> 01:09:10,570
Do we need the lighter trucks?

1060
01:09:10,770 --> 01:09:12,470
Well, maybe we need more gators than we need trucks.

1061
01:09:12,730 --> 01:09:16,350
And so looking at, you know, when we come, we can use the vehicle.

1062
01:09:16,550 --> 01:09:17,330
We're using insurance.

1063
01:09:17,710 --> 01:09:18,990
We're using replacement costs.

1064
01:09:18,990 --> 01:09:22,570
and so they really sold quite a bit of stuff.

1065
01:09:22,670 --> 01:09:23,990
I don't know, what's it all about?

1066
01:09:24,330 --> 01:09:24,830
61.

1067
01:09:25,250 --> 01:09:29,150
So the 61,000 that they have sold from things

1068
01:09:29,150 --> 01:09:31,150
that they just said, we just don't need this stuff.

1069
01:09:31,210 --> 01:09:34,330
We need different stuff in our network.

1070
01:09:34,610 --> 01:09:37,850
So I cannot believe a stretcher costs 34,000.

1071
01:09:37,850 --> 01:09:38,950
We should see what it costs today.

1072
01:09:39,330 --> 01:09:41,510
That was, would you, what is it coming in?

1073
01:09:41,510 --> 01:09:43,530
Well, the project laundry was once came out.

1074
01:09:43,670 --> 01:09:44,670
We're at 55,000.

1075
01:09:45,030 --> 01:09:46,370
55,000?

1076
01:09:47,550 --> 01:09:56,630
So there's a stretcher, it's a stretcher, it's a stretcher, it's a stretcher, it's a live

1077
01:09:56,630 --> 01:10:01,950
people, it's power load, it touches into the end months and loads, and then it is just

1078
01:10:01,950 --> 01:10:08,150
a stretcher or a gurney, I don't know what it is, what they are, so they have the technology

1079
01:10:08,150 --> 01:10:08,690
on them now.

1080
01:10:20,090 --> 01:10:24,770
So anyway, that's the list by the department as of right now of what's being proposed

1081
01:10:24,770 --> 01:10:30,630
for a gentleman as well, and then I put to the right there what was actually scheduled

1082
01:10:31,410 --> 01:10:35,890
compared to what we were proposing, and this is when we work through with different departments

1083
01:10:35,890 --> 01:10:38,870
and say, okay, this is what we show in replacement schedule.

1084
01:10:39,210 --> 01:10:41,490
What do you feel about, what's on replacement schedule?

1085
01:10:42,550 --> 01:10:44,890
What's the biggest need and what order of priority,

1086
01:10:45,130 --> 01:10:45,590
those kind of things.

1087
01:10:45,790 --> 01:10:47,710
So we go through an entire exercise of each department

1088
01:10:47,710 --> 01:10:50,050
to make sure that we're getting them the tools

1089
01:10:50,050 --> 01:10:52,190
they need to do what they need to do.

1090
01:10:52,730 --> 01:10:54,810
And then we've really been making an effort

1091
01:10:54,810 --> 01:10:56,070
to do some reicising this year.

1092
01:10:56,130 --> 01:10:58,210
That's been one of our biggest, biggest pushes.

1093
01:10:58,370 --> 01:10:59,810
And I see that over the next couple years.

1094
01:11:01,270 --> 01:11:02,630
Things that we really need to consider,

1095
01:11:02,970 --> 01:11:05,370
we talked about this when we brought that as replacement

1096
01:11:05,370 --> 01:11:09,290
the presentation to you is what does that never really look like and so you know from

1097
01:11:09,290 --> 01:11:14,130
realistic standpoint I mean you can see right there you know a little over a million dollars

1098
01:11:14,130 --> 01:11:18,790
that's not leaving us a big fund balance there something where it happened keeping in mind

1099
01:11:18,790 --> 01:11:22,570
that we have moved excess funds to this fund over the years we just haven't done a real good job

1100
01:11:22,570 --> 01:11:28,090
of feeding it over here but we talk about things like protecting the tax rate and reducing expenses

1101
01:11:28,090 --> 01:11:32,590
so to what degree you know what could we do that seven or twenty five thousand state of

1102
01:11:32,590 --> 01:11:34,630
general funds. What things do we ask the

1103
01:11:34,630 --> 01:11:35,870
harvest to reduce? Maybe they could

1104
01:11:35,870 --> 01:11:38,090
do it operationally. So the big

1105
01:11:38,090 --> 01:11:39,830
question is where has come from? You

1106
01:11:39,830 --> 01:11:40,850
know, I think they've worked so many

1107
01:11:40,850 --> 01:11:42,570
come from and how we get there. But

1108
01:11:43,050 --> 01:11:44,810
I just wanted to kind of see a future

1109
01:11:44,810 --> 01:11:46,650
look. So ambulance right now, today,

1110
01:11:47,790 --> 01:11:49,910
335,000 give or take, dump trucks,

1111
01:11:50,750 --> 01:11:53,150
160, 170, patrol vehicles,

1112
01:11:53,310 --> 01:11:54,470
100,000, easy,

1113
01:11:54,670 --> 01:11:56,050
purple, empty vehicle,

1114
01:11:56,390 --> 01:11:56,810
patrol vehicle,

1115
01:11:58,510 --> 01:11:59,490
tractors and equipment,

1116
01:11:59,490 --> 01:12:10,890
I mean, they vary, but I mean, they can get expensive real quick, we know we just replace the streets, we've heard that was, you know, 300, or 425,000, the rainbow was 425, but in a way, they're super expensive.

1117
01:12:11,930 --> 01:12:14,950
And then, you know, we also have a need to add your police fleet.

1118
01:12:15,610 --> 01:12:19,710
You know, we need a new special operation vehicle that needs to be replaced.

1119
01:12:20,290 --> 01:12:22,270
So, and then our, you know, fire for the place of place.

1120
01:12:22,270 --> 01:12:26,850
So just as we're thinking about asset replacement, you can't just look at it year over year.

1121
01:12:26,850 --> 01:12:46,990
You know, just to kind of put things in perspective, back in 2020, I believe, as part of my tour where I got to look at the inside of the brand-new ambulance that had just been delivered to the Fire Department and it cost, I believe, $168,000 in 2020.

1122
01:12:46,990 --> 01:12:54,110
so it's more than doubled in four years the cost for that ambulance and they

1123
01:12:54,110 --> 01:13:01,890
do replace them the box and the chassis separate so we use the box for yeah correct so

1124
01:13:01,890 --> 01:13:06,950
so that might have been just list of that price may have been now for the call

1125
01:13:11,570 --> 01:13:18,430
So we do the entire ambulance every year, every seven years, we'll come back, we'll

1126
01:13:18,430 --> 01:13:23,330
come back with a replacement program, so we'll replace, we'll repurpose the module and

1127
01:13:23,330 --> 01:13:31,050
put on a new chassis, then 14 years, or 16 years, the entire unit goes away, right now

1128
01:13:31,050 --> 01:13:32,110
we're in that rotation.

1129
01:13:32,710 --> 01:13:33,050
Okay.

1130
01:13:33,050 --> 01:13:36,190
So this is for an entire unit.

1131
01:13:37,210 --> 01:13:37,650
Correct.

1132
01:13:37,650 --> 01:13:39,830
There are two currently sitting in there that we've already.

1133
01:13:40,450 --> 01:13:42,130
They're on order right now.

1134
01:13:42,450 --> 01:13:45,750
And there are two brand new AMOXs and two of our older ones are going away.

1135
01:13:46,610 --> 01:13:48,970
Some of those, the modules are 14, 15 years old.

1136
01:13:51,840 --> 01:13:53,020
It's a process, but yes.

1137
01:13:53,540 --> 01:13:57,820
If you look at assets in general, I can tell you that police vehicles in 2020,

1138
01:13:57,960 --> 01:14:00,300
where we can get the whole thing out, fitted and ready on the street,

1139
01:14:00,640 --> 01:14:02,160
or what's the $60,000?

1140
01:14:02,160 --> 01:14:13,220
60,000. Yeah, so the IT equipment, it's closing 1, 11, a piece free out of the 1,

1141
01:14:15,320 --> 01:14:20,100
147. Yeah, we were talking about maybe pulling that $36,000 one out. We just didn't

1142
01:14:20,100 --> 01:14:23,680
pull it out. That's, that's not a state. We were looking at trying to get a fun

1143
01:14:23,680 --> 01:14:28,120
balance over 400,000 and how would you get there. So last night we touched base with

1144
01:14:28,120 --> 01:14:33,840
Charlene said you had to write or type these which would be and that's the one that she said so we were trying to keep that that

1145
01:14:33,840 --> 01:14:36,340
Fund balance or in a thousand just in case we have

1146
01:14:36,340 --> 01:14:39,680
Regency or something that happens where we have to use that so yeah

1147
01:14:40,320 --> 01:14:40,920
Mr. K.

1148
01:14:41,000 --> 01:14:42,160
That's just in the second right now

1149
01:14:42,160 --> 01:14:43,400
All right. Yep

1150
01:14:43,400 --> 01:14:44,100
Any

1151
01:14:46,980 --> 01:14:50,740
questions on this or the next

1152
01:14:53,810 --> 01:14:56,150
slide is really just a history of kind of what's happened

1153
01:14:56,150 --> 01:14:59,830
We'll ask our placement fund and we've talked to you about this in the last couple years

1154
01:15:00,000 --> 01:15:05,620
This is budgeted transfers, compared to actual transfers. And so it's very typical for us if we have

1155
01:15:05,620 --> 01:15:13,600
assistance, you know, to request that we roll those there, just because we, but you can see for

1156
01:15:13,600 --> 01:15:20,100
a while we rely pretty heavily on the actual, I mean, the excess funds instead of budgeted.

1157
01:15:20,180 --> 01:15:24,100
So several years there, there was nothing budgeted. And so what happens if you don't have

1158
01:15:24,100 --> 01:15:28,440
assistance and then, you know, we've got to a situation to where we have to replace this.

1159
01:15:28,440 --> 01:15:35,380
We don't have to replace this and so we have things on the road that really shouldn't be on the road and really you get to the point where they cost you more maintain

1160
01:15:36,280 --> 01:15:37,000
To replace

1161
01:15:44,720 --> 01:15:46,920
So we brought interest revenue into

1162
01:15:47,640 --> 01:15:53,820
Because it is a big deal this year and last year I just have COVID interest revenue. We've been earning pretty good on it

1163
01:15:53,820 --> 01:16:01,560
So this chart in front of you it shows comparison to original budget and to actual fact it happened over the last picture

1164
01:16:01,560 --> 01:16:09,300
So we never really budgeted an excess for interest revenue because we don't depend on it.

1165
01:16:09,500 --> 01:16:13,060
It's very volatile market all the time, it depends on our cash flow,

1166
01:16:13,180 --> 01:16:17,280
what projects you have going on, if you know, it's just 2-1-0.

1167
01:16:18,080 --> 01:16:27,340
So the chart here just shows you how in 2019, we issued some bonds for a street centering niche,

1168
01:16:27,340 --> 01:16:29,160
and the interest rates are pretty decent,

1169
01:16:29,340 --> 01:16:32,960
2.5% are below, that's great on the consumer side

1170
01:16:32,960 --> 01:16:35,420
or paying a low interest rate, but on the investment side,

1171
01:16:35,700 --> 01:16:38,820
you're just riding away, you're not earning a whole lot,

1172
01:16:38,840 --> 01:16:40,240
just a little bit of time.

1173
01:16:41,520 --> 01:16:44,380
Then COVID started to take in and rates dropped even more,

1174
01:16:44,500 --> 01:16:46,620
so which was great for us, because we were able to refund

1175
01:16:46,620 --> 01:16:48,280
some bonds, some old bonds that we had,

1176
01:16:49,100 --> 01:16:50,340
and get a lower interest rate.

1177
01:16:51,220 --> 01:16:54,440
And then 2021, it just dropped.

1178
01:16:54,800 --> 01:16:56,380
We were earning, not it.

1179
01:16:56,380 --> 01:17:02,440
So it's flipped now, obviously with inflation, all the times, interest rates have come up.

1180
01:17:02,660 --> 01:17:03,660
We've been earning pretty heavily.

1181
01:17:04,540 --> 01:17:06,760
Majority of it is the go-bons that we received.

1182
01:17:07,020 --> 01:17:09,660
This, which you're looking at, is Fund 70, the capital improvement fund.

1183
01:17:10,300 --> 01:17:15,640
And we've been earning quite heavily, actually, in 23 and 24, we have estimated it in there.

1184
01:17:16,980 --> 01:17:22,780
So we do work closely with our investment advisors that give us all the trends in the market,

1185
01:17:22,780 --> 01:17:27,880
how the market is going in, help us keep our portfolio balance, just telling us where

1186
01:17:27,880 --> 01:17:30,760
they think we should get in, how long we should hold on some things.

1187
01:17:32,480 --> 01:17:35,420
We try to diversify our portfolios as much as we can.

1188
01:17:35,560 --> 01:17:39,160
We have commercial pay for, those are the shorter investments.

1189
01:17:39,680 --> 01:17:45,200
We have some intermediate investments like our treasuries and just government-backed agencies,

1190
01:17:45,880 --> 01:17:50,300
and our policy doesn't allow us to go longer than three years on investments, so we really

1191
01:17:50,300 --> 01:17:54,820
I don't have much in there as long term, but right now the yield curve is invert anyway.

1192
01:17:55,100 --> 01:17:59,180
So the longer stuff is not the rates aren't as well as the short term right now.

1193
01:17:59,880 --> 01:18:08,140
Okay, so question for 23 and 24, that ending balance there, is that primarily because

1194
01:18:08,140 --> 01:18:12,280
of the public safety facility bonds, you are correct.

1195
01:18:12,560 --> 01:18:15,300
And what are you doing with that money, where does that money go?

1196
01:18:15,300 --> 01:18:18,660
So we will, right now it's, we're investing it.

1197
01:18:19,200 --> 01:18:20,640
We are heavily investing it.

1198
01:18:20,760 --> 01:18:24,060
We actually, our debt covenants, we spoke with our advisors.

1199
01:18:24,360 --> 01:18:26,700
They didn't want, we don't want to put out more than half

1200
01:18:26,700 --> 01:18:29,440
of what we were holding onto, you know, the project is moving.

1201
01:18:29,660 --> 01:18:32,260
We're going to start, we start seeing expenditures go, we'll need

1202
01:18:32,260 --> 01:18:34,500
that cash to pay the contractors.

1203
01:18:35,140 --> 01:18:38,240
So we started out about half of it, half of the proceeds,

1204
01:18:38,560 --> 01:18:41,140
25 million in the markets, great.

1205
01:18:41,260 --> 01:18:42,380
So we're earning the money on it.

1206
01:18:42,380 --> 01:18:52,660
and as they mature, we'll analyze, make sure we have enough to cover expenditures as they're happening and we'll start reducing how much we're investing, you know, just slowly dwindling it down.

1207
01:18:53,420 --> 01:18:56,960
But that's what's already you two points, which is what we're doing right now.

1208
01:18:57,260 --> 01:18:58,920
It just stays in the journal for right now.

1209
01:19:00,380 --> 01:19:04,960
And that's kind of where council has some of the ability, you know, a made a note on here.

1210
01:19:04,960 --> 01:19:10,540
As we're looking at all of this and while it's currently in the deficit stage as we work through the details

1211
01:19:10,540 --> 01:19:14,380
We have a fund balance and that fund balance is about 25% of the general fund

1212
01:19:14,900 --> 01:19:22,240
And we we currently have it funded at about 28% and so all that just stays into the general fund into that fund balance that

1213
01:19:22,240 --> 01:19:27,520
Council should they need it or should they want to use it can tap into that rainy day fund or use those to fund

1214
01:19:27,520 --> 01:19:32,460
CIP projects fix that's their replacement one-off projects or any number of things

1215
01:19:32,460 --> 01:19:39,420
Okay, because I know that there were some things that were taken out of the of the

1216
01:19:40,640 --> 01:19:48,060
plans for that KPD complex because it would have put us over budget based on, you know,

1217
01:19:48,100 --> 01:19:56,660
inflation and all of that. So can that that ending balance there on this interest revenue

1218
01:19:56,660 --> 01:20:01,920
can't it go into funding some of the stuff that got kicked out?

1219
01:20:02,400 --> 01:20:03,000
No.

1220
01:20:03,540 --> 01:20:07,560
So that 600,000 that council approved, what?

1221
01:20:07,980 --> 01:20:08,120
Five.

1222
01:20:08,600 --> 01:20:08,840
Five.

1223
01:20:09,700 --> 01:20:12,380
That came from some of the interest revenue.

1224
01:20:13,080 --> 01:20:13,140
Okay.

1225
01:20:13,180 --> 01:20:15,880
So you can use it where you potentially could.

1226
01:20:16,500 --> 01:20:18,960
The question kind of really comes to council is,

1227
01:20:19,000 --> 01:20:21,100
is that where we want to put all of those eggs?

1228
01:20:21,780 --> 01:20:24,020
You know, with fixed asset replacement and sustainability

1229
01:20:24,020 --> 01:20:27,980
ability a big component and trying to fund some of those different funds, you know, for

1230
01:20:27,980 --> 01:20:32,840
like capital improvement projects, or we could bring a plan and kind of go from there.

1231
01:20:33,560 --> 01:20:36,520
But yes, there are some options that we can use.

1232
01:20:36,600 --> 01:20:38,040
We just have to kind of discuss those further.

1233
01:20:38,240 --> 01:20:40,760
We also have the facility condition assessment come to you soon.

1234
01:20:41,180 --> 01:20:45,520
And so I think objective to remember is, I think, I mean, I just go to a little bit yesterday

1235
01:20:45,520 --> 01:20:46,280
at the ESC.

1236
01:20:46,900 --> 01:20:47,960
I mean, we have to take care of what we have.

1237
01:20:48,260 --> 01:20:50,960
And so the more stuff we add, the more liability we add.

1238
01:20:50,960 --> 01:20:55,360
and so we're ready, we're ready to facility, we're going to have money to take care of it and so my buys will be, yeah.

1239
01:20:55,700 --> 01:21:02,020
So that's where I was going with that was because right now, the way the plan is set up,

1240
01:21:02,460 --> 01:21:05,960
you've taken out, I think, the covered parking. Is that correct?

1241
01:21:06,480 --> 01:21:06,880
Yes ma'am.

1242
01:21:07,820 --> 01:21:15,880
And if we have a possible, if there's enough interest revenue left, I'd like to put that covered parking back in

1243
01:21:15,880 --> 01:21:21,760
so that it protects all the $100,000 vehicles that we're confused with.

1244
01:21:22,000 --> 01:21:25,760
So, what we're doing now is we're doing some big projects.

1245
01:21:26,580 --> 01:21:29,980
And so, it's a contractor by out meetings that we're having.

1246
01:21:30,420 --> 01:21:34,260
We asked you all to kind of supplement that budget with that $1.5 million.

1247
01:21:35,300 --> 01:21:40,000
And in the hopes that we'd be able to just turn it right back around and say,

1248
01:21:40,000 --> 01:21:46,360
know we've got the building covered there are three or four alternates that were about a million

1249
01:21:46,360 --> 01:21:53,300
in total and so as we work through those bounts we'll see where we end up and you know I think

1250
01:21:53,300 --> 01:21:59,840
we talked about it as our hope is we bring that half million dollars back to you but it might not

1251
01:21:59,840 --> 01:22:06,840
and right we might need that for for that building that accessory building the next two on that list

1252
01:22:06,840 --> 01:22:10,860
or the cover parking and we're looking at all the options because you know

1253
01:22:10,860 --> 01:22:15,080
sometimes you get the plans from the architects and the designers and they want to give you

1254
01:22:15,560 --> 01:22:18,760
all the stuff. I'm like, no, no, we need to cover an assets.

1255
01:22:19,700 --> 01:22:23,020
I don't need to look like it's behind a fence,

1256
01:22:23,320 --> 01:22:25,660
it's behind a building. No one's going to see it except for the staff.

1257
01:22:26,000 --> 01:22:28,840
So it needs to be functional and we all agree to that.

1258
01:22:29,060 --> 01:22:32,160
So we're still working through that process.

1259
01:22:33,500 --> 01:22:38,320
One thing we are having to make sure we consider is our recharge liability.

1260
01:22:38,820 --> 01:22:43,600
So when you are earning really great on your bond proceeds, we are a tax-exempt organization.

1261
01:22:44,260 --> 01:22:46,840
So we end up earning more than we are paying on our bonds.

1262
01:22:47,000 --> 01:22:48,700
We are subject to a rebate liability.

1263
01:22:49,460 --> 01:22:54,160
The calculation is very extensive and I think it's a five-year term that they're evaluating

1264
01:22:54,160 --> 01:22:56,860
us before the IRS determines how much we would owe.

1265
01:22:56,860 --> 01:23:01,600
So we had our initial calculation for fiscal year 23.

1266
01:23:02,300 --> 01:23:06,440
It's close to half million dollars of what we've earned already that we would have to pay that.

1267
01:23:06,620 --> 01:23:13,340
But it dwindles out as project expenses go out the door and the calculation falls out into play.

1268
01:23:13,680 --> 01:23:18,200
But so that is something we have to consider so that we can set aside to make sure we cover it.

1269
01:23:18,220 --> 01:23:23,620
We would like to retain some of the interest earnings for that penalty if there was one of them.

1270
01:23:23,620 --> 01:23:29,420
So there's many factors determining how much we would want to pull from the earnings.

1271
01:23:29,920 --> 01:23:37,840
And we also have, we started, you know, this past year we budgeted $100,000 transfer to reserve fund for facility maintenance.

1272
01:23:37,840 --> 01:23:41,360
We just said, we're going to start somewhere, that city and CIP are reserve fund.

1273
01:23:41,480 --> 01:23:47,780
We've actually created a fund all by itself now so that we can move money, like when we sold the property and

1274
01:23:47,780 --> 01:23:51,760
are going to be in there too. We're going to call a facility fund wherever it's in a

1275
01:23:51,760 --> 01:23:56,120
big name. We can name it whatever. But for now it's called a facility fund and we can

1276
01:23:56,120 --> 01:24:01,700
you know address that before but you know part of the recommendation would be to move some money into that

1277
01:24:01,700 --> 01:24:05,500
fund for the sustainability piece because we have a lot of stuff that we're you know

1278
01:24:05,500 --> 01:24:09,980
continue to say where it should get because we make it so we're you know doing this that or we need to

1279
01:24:09,980 --> 01:24:13,900
what if we wanted to go and buy this property or whatever.

1280
01:24:14,400 --> 01:24:16,840
You're going to have to cash to decide to do that and right now we don't.

1281
01:24:16,840 --> 01:24:18,860
I mean, we have fun balance in the general fund,

1282
01:24:19,140 --> 01:24:22,860
but we've never really set up a designated maintenance fund

1283
01:24:22,860 --> 01:24:24,400
outside of the regular operations.

1284
01:24:24,500 --> 01:24:26,720
If something big happens, it has to come out of contingency.

1285
01:24:26,860 --> 01:24:29,280
Yeah, something really big happens where we should get.

1286
01:24:29,440 --> 01:24:34,260
And so I think kind of the idea behind the facility fund

1287
01:24:34,260 --> 01:24:37,480
and work on when we bring up a facility assessment to you

1288
01:24:37,480 --> 01:24:39,340
and you get to hear from that vendor

1289
01:24:39,340 --> 01:24:40,640
what their findings were.

1290
01:24:41,160 --> 01:24:43,560
We have some pretty big needs out there as far as the maintenance.

1291
01:24:43,780 --> 01:24:46,280
And so I think if we don't start really looking out

1292
01:24:46,280 --> 01:24:47,540
what that's going to look like down the line.

1293
01:24:47,760 --> 01:24:50,000
And the way I look at this interest revenue is,

1294
01:24:50,860 --> 01:24:52,440
I'm going to call it down with money,

1295
01:24:52,500 --> 01:24:54,160
because it's not something we need to tax on for.

1296
01:24:54,280 --> 01:24:54,780
It's not something.

1297
01:24:55,040 --> 01:24:55,980
And it's not going to last forever.

1298
01:24:56,140 --> 01:24:58,380
We can't count on this, and we know the rates are going to stay

1299
01:24:58,380 --> 01:25:00,040
this, and we know the cash is going to stay at the level

1300
01:25:00,040 --> 01:25:00,660
we have it now.

1301
01:25:01,400 --> 01:25:03,020
As we spend those project dollars down

1302
01:25:03,020 --> 01:25:05,160
and that cash goes away, the rate of revenue

1303
01:25:05,160 --> 01:25:06,360
is going to be less and less.

1304
01:25:06,520 --> 01:25:09,340
And so we just have to look at the here and now,

1305
01:25:09,680 --> 01:25:13,640
and what can we do to make it last as long as we can for us,

1306
01:25:13,680 --> 01:25:15,100
and do its best work, I think.

1307
01:25:15,820 --> 01:25:44,380
Yeah, the two kind of biggest things simplistically, the facilities assessment is kind of our current state of city facilities, one needs to be repaired, maintained, and then the second one, you know, we do a great job at kind of tracking our CIP, our capital improvement projects, we have a lot of master plans that kind of talk about what those projects and priorities are, but we really don't have those on a three, five or ten year plan of how we're going to fund them through cash, through bonds, through whatever, and what that kind of looks like.

1308
01:25:44,380 --> 01:25:47,620
And so over the next kind of eight months to a year, those are some of the things this

1309
01:25:47,620 --> 01:25:48,000
next year.

1310
01:25:48,120 --> 01:25:52,220
We really want to have a good grasp on so we can figure out, you know, do we take some

1311
01:25:52,220 --> 01:25:58,760
of this extra found money and fund some of these projects or fund some of these funds for

1312
01:25:58,760 --> 01:25:59,340
the long term.

1313
01:25:59,580 --> 01:26:02,680
So those are some of the things that we are trying to build into and work on.

1314
01:26:02,680 --> 01:26:09,500
a lot more come on that. We just want to bring it to table, especially talking about asset replacement and kind of, you know, the general

1315
01:26:09,500 --> 01:26:16,460
funds are the best they can. I think to plan that, but you can see we're running the fund, and then get to the extent that we need to replace what's on the

1316
01:26:16,460 --> 01:26:25,000
schedule to replace this. So, which one make sure we have to assume they're going? Any questions on asset replacement or anything else?

1317
01:26:27,000 --> 01:26:33,760
So, kind of the last thing on our list, I don't know what it is, it's an expert on this.

1318
01:26:34,200 --> 01:26:35,960
It's just kind of a quick review of debt.

1319
01:26:36,880 --> 01:26:41,320
It was a little bit complicated, but one of the things we didn't tell that clearly was,

1320
01:26:42,260 --> 01:26:44,800
I know this is just general condescending, that's important.

1321
01:26:47,360 --> 01:26:50,800
So, strictly dinner fun debt, it is paid by property tax,

1322
01:26:55,900 --> 01:27:04,280
And as you can see, we are, if you look at that bottom chart there, that our debt cannot

1323
01:27:04,780 --> 01:27:10,080
cause the INS portion of the tax rate to, you can't be more than 25% of the overall tax

1324
01:27:10,080 --> 01:27:11,160
rate, the INS portion.

1325
01:27:11,680 --> 01:27:16,400
So if you look at that bottom chart there, that's just the little 10-year history of the INS

1326
01:27:16,400 --> 01:27:19,000
rate versus the M&O rate to give you the overall tax rate.

1327
01:27:19,460 --> 01:27:23,780
and you can see that we are kind of maxed out there at the 25% right now.

1328
01:27:24,740 --> 01:27:28,820
Geo-bonds obviously caused that, so we are at our cap for the moment.

1329
01:27:29,080 --> 01:27:33,000
And once we get these new properties in online on the tax roll,

1330
01:27:33,200 --> 01:27:36,160
you know, revenues will increase and things will adjust naturally.

1331
01:27:36,720 --> 01:27:38,980
But for the moment, we are just kind of there.

1332
01:27:40,360 --> 01:27:44,400
The debt schedule for this year, we are up 335,000.

1333
01:27:44,540 --> 01:27:47,800
That's primarily due to tax notes for the fire trucks that we,

1334
01:27:47,800 --> 01:27:50,380
the issue earlier this year.

1335
01:27:51,000 --> 01:27:54,980
So pretty much that's all we have on the FedEx.

1336
01:27:55,800 --> 01:27:59,040
It's just a big thing here is that this is the only component

1337
01:27:59,040 --> 01:28:01,080
of our debt that's paid for by the FedEx.

1338
01:28:01,300 --> 01:28:03,720
We'll go back to that and it seems like in every public

1339
01:28:03,720 --> 01:28:07,160
conversation we have is what is paid for by what.

1340
01:28:07,420 --> 01:28:11,800
And so I do want to note that of that $5 million EIC

1341
01:28:11,800 --> 01:28:13,560
does do have debt in here.

1342
01:28:13,720 --> 01:28:15,780
It's backed by the city's credit rating.

1343
01:28:16,400 --> 01:28:23,760
but the sports complex is River Troll in here yes so they transfer in their

1344
01:28:23,760 --> 01:28:27,540
portion of their bills to the general fund to help pay for this but it all goes

1345
01:28:27,540 --> 01:28:33,940
within to our tax calculation they're because it's back yes but they do pay

1346
01:28:33,940 --> 01:28:43,800
their portion right in the way yes any dead questions yeah

1347
01:28:50,460 --> 01:28:51,100
so you'll have your

1348
01:28:51,100 --> 01:28:56,880
questions on, I don't know how to do that, but a few things to do with this, the information

1349
01:28:56,880 --> 01:29:00,480
we've just saved at the workshop, feedback for staff.

1350
01:29:11,920 --> 01:29:15,240
As always, this variance has no fun.

1351
01:29:15,300 --> 01:29:15,980
Do you have a question?

1352
01:29:16,860 --> 01:29:17,220
Ask her.

1353
01:29:17,860 --> 01:29:21,900
She, uh, has been a good tutor for me to study for.

1354
01:29:23,080 --> 01:29:28,860
We didn't give you this, and this is a sheet where we gave you the detail instances in the detail of the revenues.

1355
01:29:29,140 --> 01:29:31,420
These are some of you who are more detailed.

1356
01:29:32,000 --> 01:29:38,300
Do keep in mind golf revenues that are usually pretty substantial.

1357
01:29:38,640 --> 01:29:42,560
They are significantly reduced, so they'll be concerned when you see that.

1358
01:29:43,140 --> 01:29:44,560
It's just because of the law project.

1359
01:29:44,860 --> 01:29:49,020
So we've done some pretty intensive deep dive calculations on that,

1360
01:29:49,020 --> 01:29:50,840
and we feel presentable with our musicians.

1361
01:29:51,080 --> 01:29:53,220
This is over there, and we impact it.

1362
01:29:53,220 --> 01:29:55,000
It's having some general fun, which is pretty

1363
01:29:55,000 --> 01:29:55,900
happy to walk this point.

1364
01:29:57,620 --> 01:29:58,660
Mr. Harrison, questions?

1365
01:30:00,430 --> 01:30:07,930
I'll write an outskirt. I'm going to, you know, replace me with an outskirt replacement.

1366
01:30:08,630 --> 01:30:14,750
Three, three, about a million and a half, three years. And it would be ideal.

1367
01:30:15,950 --> 01:30:21,930
It's a little rough. It's been a matter of this year, first of all.

1368
01:30:24,930 --> 01:30:30,830
We always try to keep, so our goal has been, you know, between $4,500 to keep as an emergency.

1369
01:30:31,290 --> 01:30:32,850
That way, something does come up.

1370
01:30:33,330 --> 01:30:36,090
It has to be replaced for whatever reason.

1371
01:30:36,770 --> 01:30:40,490
We have so many to do that without having to touch the general fund fund balance.

1372
01:30:41,450 --> 01:30:43,830
We're trying to protect that and build that where we can.

1373
01:30:43,830 --> 01:30:47,170
So that's what you're taking me in one bus to 400 and get

1374
01:30:47,950 --> 01:30:54,110
frasals to make me invite or just go for a minute.

1375
01:30:54,150 --> 01:30:57,850
Well, yeah, the total expenditures for this coming up year right at

1376
01:30:57,850 --> 01:31:00,050
1.1, that's what's being proposed right now.

1377
01:31:00,970 --> 01:31:04,430
I mean, that would leave us $370,000 and that's that 36,000 we were

1378
01:31:04,430 --> 01:31:07,770
talking about, that was, yeah, I did the narrative, but the

1379
01:31:07,770 --> 01:31:10,510
chart was already done, so we were talking about maybe taking

1380
01:31:10,510 --> 01:31:12,810
that 36,000 dollars expenditure out there to get us back

1381
01:31:16,050 --> 01:31:20,170
And every year, it's about what it is on the replacement schedule.

1382
01:31:20,730 --> 01:31:25,810
In each year going forward, we're going to start forecasting some of the stuff out over the next year.

1383
01:31:26,350 --> 01:31:27,870
How do we make sure we slowly increase it?

1384
01:31:27,950 --> 01:31:29,830
Just like road, we increase it 100,000.

1385
01:31:30,170 --> 01:31:31,050
Same thing with these funds.

1386
01:31:31,210 --> 01:31:36,770
How do we slowly start incrementally increasing these things to start funding the full 1.5?

1387
01:31:36,770 --> 01:31:38,230
Yeah, and

1388
01:31:41,300 --> 01:31:42,900
that's been built out in the forecast for less

1389
01:31:42,900 --> 01:31:45,000
half a year since we started building out that increase

1390
01:31:45,000 --> 01:31:47,720
year over year.

1391
01:31:48,020 --> 01:31:48,960
Questions to this weekend?

1392
01:31:50,000 --> 01:31:50,660
Do you know?

1393
01:31:51,980 --> 01:31:53,820
Anything you'd like to see different or in more detail

1394
01:31:53,820 --> 01:31:54,600
would like to see both?

1395
01:31:55,500 --> 01:31:56,400
Any questions or issues?

1396
01:31:58,480 --> 01:31:59,280
I think

1397
01:32:01,300 --> 01:32:03,020
this has been a good presentation.

1398
01:32:03,320 --> 01:32:03,620
Thank you.

1399
01:32:04,320 --> 01:32:06,720
I know it's a conversation that we'll be having for the next

1400
01:32:06,720 --> 01:32:07,260
few months.

1401
01:32:08,820 --> 01:32:12,920
I do wish that the charter proposition

1402
01:32:15,060 --> 01:32:17,040
that would have allowed you a more time had passed.

1403
01:32:17,500 --> 01:32:18,460
I know you all.

1404
01:32:19,040 --> 01:32:19,600
We'll get it done.

1405
01:32:20,460 --> 01:32:21,340
We always have to.

1406
01:32:22,060 --> 01:32:22,620
We'll get it done.

1407
01:32:24,180 --> 01:32:24,780
We'll get it done.

1408
01:32:25,500 --> 01:32:25,720
Yeah.

1409
01:32:25,880 --> 01:32:27,300
The comments, Mr. Price.

1410
01:32:27,940 --> 01:32:28,160
I'm there.

1411
01:32:28,340 --> 01:32:28,720
I think we're good.

1412
01:32:30,080 --> 01:32:33,420
You've got a few more procession fees that

1413
01:32:36,140 --> 01:32:38,160
amount is decreased by 2000.

1414
01:32:39,080 --> 01:32:41,440
Are we expecting less processions?

1415
01:32:41,440 --> 01:32:43,040
They're just based on historical.

1416
01:32:44,800 --> 01:32:47,980
Those are not hard to predict, so we base them on historical averages.

1417
01:32:48,820 --> 01:32:53,960
We'll want to, I don't know, restamate something like that, but I've been made fun of

1418
01:32:53,960 --> 01:32:58,860
re-budgeting the taxing fees in there, I'm not going to turn my head on $75, and so am I going to open it?

1419
01:32:59,680 --> 01:33:04,220
I know we're going to get it, so it's just based on historical averages.

1420
01:33:04,480 --> 01:33:08,160
Some of that, there's really nothing we can tie it to, just based on historical.

1421
01:33:11,780 --> 01:33:14,140
Yeah, that's what I'm hoping for.

1422
01:33:14,140 --> 01:33:16,400
I think more people are dying.

1423
01:33:17,280 --> 01:33:19,840
Maybe it's not an infrastructure issue.

1424
01:33:21,440 --> 01:33:23,600
Could be some traditional stuff changing too.

1425
01:33:23,820 --> 01:33:24,540
Things to change.

1426
01:33:27,180 --> 01:33:27,620
Yeah.

1427
01:33:27,820 --> 01:33:28,180
Yeah.

1428
01:33:28,180 --> 01:33:28,300
Yeah.

1429
01:33:28,420 --> 01:33:28,460
Yeah.

1430
01:33:28,460 --> 01:33:29,980
People do services on the change.

1431
01:33:30,360 --> 01:33:31,320
So that can be far back.

1432
01:33:32,120 --> 01:33:32,600
So but yeah.

1433
01:33:32,640 --> 01:33:34,040
Give me questions on any of that detail.

1434
01:33:34,220 --> 01:33:36,140
I know that's something we haven't really presented to you before.

1435
01:33:37,080 --> 01:33:41,720
It's just a little bit different look because it's a lot of information to get into these slides.

1436
01:33:42,440 --> 01:33:45,500
We're looking at, you know, hundreds of departments and

1437
01:33:46,740 --> 01:33:50,120
it's a lot of information I have to try to

1438
01:33:51,200 --> 01:33:53,180
digest and meet over every day.

1439
01:33:54,460 --> 01:33:55,780
Do we all come to it?

1440
01:33:56,240 --> 01:33:58,060
Where do we add on or how to support it?

1441
01:33:58,780 --> 01:33:59,760
First and foremost.

1442
01:34:00,720 --> 01:34:02,280
Now, I'll probably type support into it.

1443
01:34:02,380 --> 01:34:02,880
So, should we?

1444
01:34:02,880 --> 01:34:09,380
I don't have any legional funds, I don't have a lot of funds in the enterprise, it has

1445
01:34:09,380 --> 01:34:16,320
to be less than 35% of our overall expenditures, and it's less than that.

1446
01:34:17,140 --> 01:34:20,500
I haven't got there yet, but I'm going to say probably about 29.

1447
01:34:21,020 --> 01:34:24,940
You know, without the last ones that we issued, we

1448
01:34:30,190 --> 01:34:31,510
were...

1449
01:34:38,090 --> 01:34:40,470
We were 27% of your own.

1450
01:34:40,830 --> 01:34:41,810
Is it a 10% rate?

1451
01:34:42,910 --> 01:34:43,350
Yes.

1452
01:34:44,310 --> 01:34:45,330
The move is now decreasing.

1453
01:34:48,210 --> 01:34:49,330
We're still sitting down.

1454
01:34:49,550 --> 01:34:49,630
We're still sitting down.

1455
01:34:49,930 --> 01:34:50,710
It's not less than that.

1456
01:34:50,970 --> 01:34:53,410
But in the enterprise, let's revenue base.

1457
01:34:54,350 --> 01:34:55,910
We're looking at what you see on this.

1458
01:34:56,030 --> 01:34:56,850
It gets to rate here.

1459
01:34:56,930 --> 01:34:58,590
We'll do water and CIP.

1460
01:35:01,290 --> 01:35:09,350
We're going to have another workshop about enterprise funds in July as they have a full-blown

1461
01:35:09,350 --> 01:35:15,290
executive summary after the certified tax rolls of their hands is great.

1462
01:35:16,190 --> 01:35:16,870
Anything else, council?

1463
01:35:17,210 --> 01:35:19,770
And then of course, our doors are open for any course.

1464
01:35:20,890 --> 01:35:21,630
Anything else from staff?

1465
01:35:21,630 --> 01:35:27,030
But you're not going to turn the meeting at 1138.

1466
01:35:29,080 --> 01:35:29,940
No, I think so.