2004 Budget Presentation City Commission Budget Study Session
July 2, 2003
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City Commission Priorities Economic Development -- promote
economic development of Lawrence to provide work and business
opportunities Planned Growth -- encourage growth that protects our
environment, neighborhoods, and culture Community Building --
expand efforts and markets Public Safety/Staffing -- create social
capital and celebrate our heritage Neighborhood Planning -- improve
the livability of all Lawrence neighborhoods Environment --
integrate the environment into our decisions as we work towards a
sustainable city Transportation -- improving access to all citizens
Downtown Development -- protect the integrity of downtown while
maintaining it as a unique community resource City Services --
providing excellent City services consistent with resources
Slide 3
City of Lawrence 2004 Recommended Budget Summary Total
expenditures for the City of Lawrences annual operating budget is
$110,912,701. Based on an estimated assessed valuation of
$674,353,182 for taxable property within the City limits, the
proposed mill levy for this recommended budget is 28.987. This
represents a 3.41 or 13% mill levy increase over the 2003 budget.
The 2004 recommended budget includes no general wage adjustment and
a considerable increase in the employees cost for family health
care coverage. Services held at current levels with no added
programs or improvements with the exception of a maintenance
position at the Wastewater Treatment Plant.
Slide 4
2004 Budget Fund Summary of Resources by Classification and
Expenditures by Category
Slide 5
City of Lawrence Mill Levy History
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Value of City of Lawrence Property Tax Dollars To figure
monthly expense for city services: Market value of home = $120,000
City mill rate = 28.987 First, determine assessed valuation by
multiplying the value of home by 11.5%: $120,000 x 11.5% = $13,800
Second, determine City property tax bill by multiplying assessed
value by mill rate levied by the city: $13,800 x.028987 = $400.02
City Tax Liability = $400.02 Third, determine the monthly City
property tax expenses for City service by dividing the city
property tax liability by 12 months: $400.02/12 = $33.34 Monthly
City Property Tax Expense = $33.34
Slide 8
2004 Recommended Budget Revenue Estimate Assumptions Sales tax
trend -- Assumption of flat growth of both local and county-wide
sales tax State transfer payments -- LAVTR and state revenue
sharing transfers were not included as revenue sources Assessed
valuation -- Increase in assessed valuation to 7% over the previous
years 6% increase Fee increases -- ( Increases in Utilities, Solid
Waste, Cemetery, Golf Course, and Aquatic) -- Necessary to continue
providing quality services and meeting regulations Fund balances --
General fund expenditures have exceeded revenue levels resulting in
lowering of fund balance Interest on investments -- Interest rates
and related earnings will continue to be less than in previous
years
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City Sales Tax Revenue 1982-2002
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General Fund Interest on Investments 1982-2002
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State Revenue Sharing 1982-2002
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Summary of General Operating Fund Resources
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General Fund Projection 2002-2007
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General Fund Projection--Expenditures 2002-2007
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History of Fund Balances
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Summary of Moderate Expenditure Reduction proposals by
Department
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Summary of Significant Expenditure Reduction proposals by
Department All General Fund Departments -- Eliminate programs such
as weed inspection, public education in Police; recreation programs
at parks facilities due to lack of maintenance; environmental
inspections; neighborhood programs such as sidewalk gap,
miscellaneous paving and repair; GIS reductions, eliminate e-gov
initiatives -- Positions that become vacant in 2004 would not be
filled -- Furloughs for employees -- Eliminate or reduce longevity
payments to eligible employees -- Eliminate or reduce merit
increases to eligible employees Parks and Recreation -- Reduce
maintenance level at City park facilities by a minimum of one level
Police -- Eliminate funding for elementary school crossing guards
Transit -- Route reductions that could result in a fiscal impact of
$772,708 (6 options)
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Summary of General Operating Fund Expenditures
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Capital Improvement Budget Summary City at Large 2004-2008
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City at Large CIP Projects: General Fund Effects Carnegie
Library Building Renovation --City will continue to pay utility
bills Fire Station #5 Construction --12 new firefighters would be
required for staffing in 2005 Quint 1 --A joint ladder and pump
truck will be needed upon the completion of fire station #5
Slide 26
Capital Improvement Budget Summary City Share of County Wide
Sales Tax 2004-2008
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City Share of County Wide Sales Tax CIP Projects: General Fund
Effects Bike Trail & Facility Development Entryway Improvements
Green Meadows Park Peterson Park Improvements
Slide 29
Capital Improvement Budget Summary Stormwater Utility
2004-2008
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Capital Improvement Budget Summary Wastewater Utility
2004-2008
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Capital Improvement Budget Summary Water Utility 2004-2008
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Future Year Challenges2005 If Fire Station #5 is built in 2004,
funding 12 firefighter positions and operational costs will equate
to $600,000 Compensation Plan recommendations LPD Resource Plan
recommendations Capital Equipment Replacement (long term issues)
Transit issuesFund balance is falling in 2005 Higher Natural Gas
Costs? 2004 MOU discussions for 2005 Funding of traffic unit and
school officers when grants run out (+$500,000) Kansas Legislature
activity
