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10/17/2019 02 Council Review of Proposed 2020 Budget - 4 of 4 a\'4\lyy bxk ik 1 d+ . P1141 PPPPPP+Pd s' lii it tYlltYlA.\ta. BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEM ENT Item No. 2. For Meeting of: October 17, 2019 ITEM TITLE: Council Review of Proposed 2020 Budget-4 of 4 SUBMITTED BY: Cynthia Martinez, Interim City Manager Steve Groom, Director of Finance & Budget SUMMARY EXPLANATION: This is the fourth and last scheduled study session on the proposed 2020 Preliminary Budget. ITEM BUDGETED: NA STRATEGIC PRIORITY: Public Trust and Accountability APPROVED FORfr / SUBMITTAL: + Interim City Manager STAFF RECOMMENDATION: BOARD/COMMITTEE RECOMMENDATION: ATTACHMENTS: Description Upload Date Type L P()hey Issue ch khat 1 /11/2019 r Memo Ci PP 10/14/2019 r Me o 2 c ,L , •It a's rl FINANCE General Fund Reserve Target $675,000 Proposed Budget reserve (with corrections to date) $648,000 ($ 27,000) Policy Issues—General Fund Revenues • Utility Tax Increase-Clean City Program $390,000 General Fund Approved • Fire- Inspection Report Filing Fee $50,000 General Fund Approved • Fire-Special Event Fee Increase $10,000 General Fund Approved • Fire-Two-Tier Hazardous Materials Fee $291,000 General Fund • Fire- Inspection Fee $12,250 General Fund • Airport- Rate Increase $6,957 Airport • Parking—Time limit fee increase $76,000 General Fund Policy Issues—General Fund Expenses • Clean City Program expenditures ($390,000) General Fund Approved • Technology ($300,000) General Fund • Fire-Add One FTE - Day Investigator ($112,360) General Fund • Fire-Add One FTE - Comm Risk Reduction Spec ($95,000) General Fund • Police-Cell Phones ($44,000) General Fund • Police-Add 4 PT FTE's- Comm Response Officers ($125,000) General Fund • Police-Add One FTE Admin -Systems Analyst ($102,000) General Fund • Parking- License Plate Recognition Technology ($87,000) General Fund • Code Administration - Plans Examiner I Position ($68,000) General Fund • Public Works-Community Centers Maintenance ($40,000) General Fund • Economic Development- Airline Service Dev ($75,000) General Fund General Fund subtotal $648,000 Parks& Recreation • 9 Month Ball Field Maintenance position ($15,000) Parks Fund • Second Beyond the Bell Program ($75,000) Parks Fund • Lions Pool Dehumidification System ($150,000) Parks Capital Other Funds • Traffic Calming ($50,000) REET 1 • Public Works-Community Centers Capital Repair ($60,000) REET 1 • Public Works- Fuel Management Software ($95,000) Environmental • Engineering- Pavement Condition Index Update ($50,000) Arterial Streets • Airport- Closed Caption TV System ($35,000) Airport • Lodging Tax (Neutral) Hotel Tax p. 1 2020 Budget Oct. 17 Work Session y�' 1,0 .4 y Clear — Reliable — Trustworthy ° ' Policy Issue Checklist Decisions to approve or defer Final To - Do's Tally of remaining information to be discovered or resolved 3 2020 Budget - Updates Preliminary Budget book 38,495 Add : Clean City Program revenues 390,000 Clean City Program expenses (390,000) Zero-coupon interest revenue 385,000 Property Tax update Co Treas 100,000 FD 0.5 FTE to Fund 150 EMS 75,000 Fire inspection report fee 50,000 648,495 4 Steps to Adoption 1 . Preliminary Budget updates 2 . Hearings 3 . Final changes 4 . Adoption ty 1 of Ya k i . General Fund - Fund Balance as a % of Tata Expenses 25 00% 20 03E3S 24 — 4. 0, '5. 15 03% 4, ,w 40 - 4 n , 0 0038 't1 011°A. 0 0055 2009 2010• 2011 2012 2013 2014 2015 2016 2011 2018 2019 e% 2020 bud 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 est 2020 bud GF Fund Balance 8,842 8,710 8,856 9,780 9,727 7,874 5,867 8,267 8,751 9,062 9,417 9,960 GF Total Exp 47,953 46,079 45,809 47,963 50,979 54,482 56,659 58,553 61,804 63,629 67,319 68,260 6 18.44% 18.90% 19.33% 20.39% 19.08% 14.45% 10.35% 14.12% 14.16% 14.24% 13.99% 14.59% City of Yakima General Fund Fund Balance as a % f Todd Expenses 25.00% 20 00.25 0 15.00% 0.1.0"ge If Revenues exceed 1000% Expenses by $675,000 per year 5.0095 0.00% 2009 2010 2011 2012 2013 2014 2013 2010 2217 2018 2019 est 2020 2021 2022 2203 2204 cud 2020 Budget Process An increasingly well - managed city f Clear — Reliable — Trustworthy %