RESOLUTION NO. 1150-15

A RESOLUTION OF THE MAYOR AND COMMON

COUNCIL OF THE CITY OF PAGE, COCONINOCOUNTY, ARIZONA, ADOPTING A BUDGET FORTHE FISCAL YEAR 2015-2016.

WHEREAS, in accordance with the provisions of Title 42 Chapter 17,Articles 1-5, Arizona Revised Statues (A.R.S.), the City Council did on June 24,2015, make an estimate of the different amounts required to meet the publicexpenditures/expenses for the ensuing year, also an estimate of revenues fromsources other than direct taxation, and the amount to be raised by taxation uponreal and personal property within the City of Page; and

WHEREAS, in accordance with said chapter of said title, and following duepublic notice, the City Council met on July 15, 2015, at which meeting anytaxpayer was privileged to appear and be heard in favor of or against any of theproposed expenditures/expense or tax levies; and

WHEREAS, publication has been duly made as required by law, togetherwith a notice that the City Council would meet on July 15, 2015, at the office ofCouncil for the purpose of hearing taxpayers and making tax levies as set forth insaid estimates; and

WHEREAS, the sums to be raised by taxation, as specified therein, do notin the aggregate exceed that amount as computed in A.R.S. §42-17051 (A);

NOW, THEREFORE, BE IT RESOLVED BY the Mayor and Common Councilof the City of Page, Arizona, that the said estimates of revenues andexpenditures/expenses shown on the accompanying schedules, as nowincreased, reduced, or changed, are hereby adopted as the budget of the City ofPage for the fiscal year 2015-2016.

PASSED AND ADOPTED BY THE MAYOR AND COMMON COUNCIL OF THECITY OF PAGE, COCONINO COUNTY, ARIZONA this /jT day of Jju /y ,2015, bythe following vote: ^

Ayes 7Nays •£-Abstentions -Q-

Absent -e-

Resolution No. 1150-15Page 2

ATTEST:

<Z3?Wh *> ^CaA^frr^jCITY CLERK

APPROVED AS TO FORM:

fa(ZlTTATTORNEY

/SWk

CITY OF PAGE

BvQ^^u,.wQMayor

City of PageSummary Schedule of Estimated Revenues andExpenditures/Expenses

Fiscal Year 2016

Fiscal

Year

S

c

h

! FUNDS

General FundSpecial Revenue

Fund Debt Service FundCapital Projects

Fund Permanent FundEnterprise Funds

AvailableInternal Service

Funds Total All Funds

2015 Adopted/Adjusted BudgetedExpenditures/Expenses* E 10,596,388 2,918,315 2,390,750 2,922,150 158,700 14,074,128 33060 431

2015 Actual Expenditures/Expenses** E 8,843,796 1,882,269 1.384,329 1,227,877 141,832 12,707,665 26,187,769

2016 FundBalance/Net Positionat July 1*** 6,804,760 2,522,275

I

1,072,670 275,664 279,368 20,146,924 31,101,661

2016 Primary Property Tax Levy B0

2016 Secondary PropertyTax Levy B i0

2016 Estimated RevenuesOtherthanProperty Taxes C 12,620,525 1,635,934i110,050 1,168,800 84,600 12,829,229 28,449,138

2016 Other FinancingSources 0 0 0 ' 0 0 0 0 0

2016 Other Financing (Uses) D 0 0 ! 0 0 0 0 0

2016 Interfund Transfers In 0 25,000 415,387 2,699,213 1,776,397 0 0 4,915,997

2016 Interfund Transfers (Out) D 3,553,454 1,005,887 0 0 15,000 341,656 4,915,997

2016 Reduction for Amounts Not Available:

LESS: Amounts for Future Debt Retirement:0

|0

I

0

ii 0

2016 Total Financial Resources Available 15,896,831 3,567,709

I

3.881,933 3,220,861 348,968 32,634,497 59,550,799

2016 Budgeted Expenditures/Expenses E 10,425,469 1,289,072i

1,391,250 2,793.901 49,000 14,839,453 0 30,788,145

EXPENDITURE LIMITATION COMPARISON

1. Budgeted expenditures/expenses2. Add/subtract: estimated net reconciling items3. Budgeted expenditures/expenses adjusted for rec4. Less: estimated exclusions

5. Amount subject to the expenditure limitation6. EEC expenditure limitation

inciting items

2015 2016

$ 33,060,431 $ 30,788,145

33,060,431 30,788,145

8,367,823 6.946.779

$ 24,692,608 $ 23.841,366

$ 30,709,606 $ 32,089.071

I x lTha city'town does not levy property taxes and does not have special assessment districts for which property taxes are levied. Therefore, Schedule Bhas been omitted,

Includes Expenditure/Expense Adjustments Approved in the current year from Schedule E.*• Includes actual amounts as ofthe date the proposed budget was prepared, adjusted for estimated activity for the remainder ofthe fiscal year.

*** Amounts on this line represent Fund Balance/Net Position amounts except for amounts not in spendable form (e.g., prepaids and inventories) or legally or contractually required to be maintained intact (e.g., principal ofapermanent fund). ^

4/15SCHEDULE A

J

City of PageTax Levy and Tax Rate Information

Fiscal Year 2016

1. Maximum allowable primary property tax lew "^ 221S.A.R.S.§42-17051(A) $

2. Amount received from primary property taxation inthe current year in excess of the sum of that year'smaximum allowable primary property tax lewA.R.S. §42-17102(A)(18) $

3. Property tax levy amountsA. Primary property taxes $B. Secondary property taxes — *CTotal property tax levy amounts $ • $

*. Property taxes collected*A. Primary property taxes

(1) Current year's levy $(2) Prior years'levies(3) Total primary property taxes $ —

B. Secondary property taxes(1) Current year's levy *(2) Prior years'levies

———^^oteLsecGndaFy-pFoperty taxesC Total property taxes collected

Property tax ratesA. City/Town tax rate

(1) Primary property tax rate(2) Secondary property tax rate(3) Total city/town tax rate

B. Special assessment district tax rates

SnToSrat6S"AS°f the date the ?roP°Sed budget was "W-*.

4/15 SCHEDULE B

City of PageRevenues Other Than Property Taxes

Fiscal Year 2016

SOURCE OF REVENUES

ESTIMATED

REVENUES

2015

GENERAL FUND

Local taxes

City Sales Tax

Licenses and permitsFranchise FeesLicense & Permits

IntergovernmentalState Sales Tax

Vehicle License TaxStateShared RevenueMiscellaneous County Revenue

Charges for servicesCity ServicesProperty LeasesRescue Services

Fines and forfeitsCourt Fines

LibraryServices

Interest on investmentsInterest

Miscellaneous

Miscellaneous RevenueLand Sales

Total General Fund $

6,800.000 $

257,00093,750

654,827310,390877,243329,051

240,46756,000

677.000

323.000

24,000"

5,000

25.000

250,000

10.922.728 $

/3h^l

ACTUAL

REVENUES*

2015

8.751.451 $

242.278137.687

672.543308,053877,293323.051

183.95049.420

743.616

287.97627.372

5,792

19,500357,700

12.987.681 $

ESTIMATED

REVENUES

2016

8,000.000

272.000156.250

692,328324,489872,538521,500

261.42058,500

677.000

323.00025.000

5,000

25,000406.500

12.620.525

Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budgetprepared, plus estimated revenues for the remainder of the fiscal year.

was

4/15 SCHEDULE C

City of PageRevenues Other Than Property Taxes

Fiscal Year 2016

SOURCE OF REVENUES

SPECIAL REVENUE FUNDS

ESTIMATED

REVENUES

2015

ACTUAL

REVENUES*2015

ESTIMATED

REVENUES

2016

> 756.957 $ 746.753 $5.811

95.197

18.868

777.1997.000 7,000

373.000 292.50022.150 25.300

7.035 7.03529.600

2.038498.850

7.000515.929 526.900

1.701.592 $ 1,384,596 1,635,934

4/15

Highway UserSubstance AbuseMiscellaneous GrantsMiscellaneous Donations"JCEF Fund

Balloon Regatta

Community DevelopmentAirportAirport Events

Total Special Revenue Funds $

* Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budgetprepared, plus estimated revenues for the remainder of the fiscal year. proposea Duaget

SCHEDULE C

was

City of PageRevenues Other Than Property Taxes

Fiscal Year 2016

SOURCE OF REVENUES

ESTIMATED

REVENUES2015

ACTUAL

REVENUES*2015

ESTIMATED

REVENUES9fliR

DEBT SERVICE FUNDS

Debt Service •100.050 $ 109.544 $

£U1D

110.050

Total Debt Service Funds $ 100,050 $ 109,544 $ 110.050

CAPITAL PROJECTS FUNDS

Airport Improvements

Total Capital Projects Funds $

2,922,150 $

2.922.150 $

1,056.399 $ 1.168.800

1.056.399 $ 1,168.800

*^:r=^

4/15SCHEDULE C

City of PageRevenues Other Than Property Taxes

Fiscal Year 2016

A&8$\

SOURCE OF REVENUES

ESTIMATED

REVENUES

2015

$

ACTUAL

REVENUES*

2015

ESTIMATED

REVENUES

2016PERMANENT FUNDS

Fire Pension $60.600

30.00039,064

28.974$ 54.600Cemetery

30.000

$

Total Permanent Funds $ 90,600

8.821.365

1,943,4001,549,000

720.438

68.038

8,587.5971,977,8801,293,344

725.271

84,600

ENTERPRISE FUNDS

Electric $$ 8.827.365

1.943.4001.343.500

714.964

Water

Sewer

Refuse

Total Enterprise Funds $ 13.034,203 $ 12,584,092 $ 12,829,229

* Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budoet^prep^ed^pJus^stimated-revenuesfor-the-remainderotthefiscal-year^ me proposea ouaget was

TOTAL ALL FUNDS $ 28.771.323 28.190.350 28.449.138

4/15

nnrlUfroHaC!Ual TT!rec°9nized on the modified accrual or a<*rual basis as of the date the proposed budgetprepared, plus estimated revenues for the remainder of the fiscal year.

SCHEDULE C

was

City of PageOther Financing Sources/<Uses> and Interfund Transfers

Fiscal Year 2016

OTHER FINANCING INTERFUND TRANSFERSFUND •' wimu,...o 2016

GENERAL FUNDGeneral Fund:1 $573.397 -to Capital_ $400.000 - toCommunity Development

$2,162.557 - to DebtService. $12,500- to Miscellaneous Grants

$25.000 - from Miscellaneous GrantsLand Fund:

$405,000 - to Capital

SPECIAL REVENUE FUNDSMiscellaneous Grants FunH

$25.000 - to General$12.500 - from General

Highway User Fund$619.000-to Capital

Community Development Fund$100,000 - to Capital$400.000 - from Genera?$2.887 - from Airport Events

Airport Fund:$64.000 - to Capital$195.000-to Debt Service"

Airport EventsFund:$2.887 -to Community Development

Total Special RevenueFunds $ ^ m ___^„„„ *— $ 415.387 $l_Linrg«gz-DEBT SERVICE FUNDS *—*-Debt Service Fund: *

$195.000-fromAirport ' • * $ 2.699.213$2.162.557 - from General$144,000-from Refuse$197.656-from Sewer

Tota

CAPITAL PROJECTS FUNDSCapital Projects Fund

$64,000 - from Airport$573,397 from General$619.000 -from Highway User$405.000 -from Land$15.000 -from Perpetual Care$100.000 -from Community Development —

Total Capital Projects Funds $

PERMANENT FUNDSPerpetual Care Fund: * *

$15.000-to Capital * * $__ $ 15,000Total Permanent Funds $ $

ENTERPRISE FUNDSRefuse:

$144,000 - to DebtServicTSewer:

$197.656 - to Debt Service"

$ $ 15.000

Total EnterpriseFunds $

GRAND TOTAL SCHEDULE D $

4/15

„ $ 4.915.997 $ 4.915.997

SCHEDULE D

City of PageExpenditures/Expenses by Fund

Fiscal Year 2016

ADOPTEDBUDGETED

EXPENDITURES/EXPENSES

2015

EXPENDITURBEXPENSE

ADJUSTMENTSAPPROVED

2015FUND/DEPARTMENT

GENERAL FUND

General Government $City Council —Police DepartmentFire DepartmentCity ServicesPublic WorksGolf Course- "

3,493.55783.503

pl_ $ (137.729) $

2,853,024 61,7601.848,7921,278,067

L92_ 35,190J§Z_ 15,829

946,626 17.76~9100,000

Total General Fund $SPECIAL REVENUE FUNDS

Highway User Revenue $Substance AbuseAirport/Airport Events"

10,603.569 $

1,527,612 $12,000

341,150Community Development (Tourism)Grants/DonationsJCEF -

Total Special Revenue Funds $DEBT-SERVICE FUNDS

Debt Service $

569,600430,772

30,000

2,911,134 $

. 2,390,750 $

(7,181) $

7,181 $

7,181 $

ACTUAL

EXPENDITURES/EXPENSES*

2015

2,722.809 $90,251

2,495,2691,826,656

687,628932,94788,236

BUDGETEDEXPENDITURES/

EXPENSES2016

3,459.03877,303

2,874.0191,778.541

834,5161.361.459

40,600

8,843,796 $ 10,425.469

1,030.081 $8,560

352,573362,690121,115

204,40025,000

198,612469,395

7,250361.665

22_ 30,0001.882.269 $ 1.289.072

1,384,329 $ 1,391.250

1,384.329 $ 1,391.250Total Debt Service Funds $ 2,390.750 $

CAPITAL PROJECTS FUNDSCapital Projects/Equipment $ 2,922,150 $

1.227.877 $ 2,793.901

1.227.877' $ 2.793.901Total Capital Projects Funds $

PERMANENT FUNDSFire Pension $Cemetery

2,922,150 $

62,700 $96,000

Total Permanent Funds $ENTERPRISE FUNDS

Electric/Water/Sewer/Refuse $ 14,074,128 $

> 158,700 $

Total Enterprise Funds $ 14.074.128 $—INTERNAL SERVICE FUNDS ~

$ $

Total Internal Service Funds $TOTAL ALL FUNDS $ 33,060,431 $

58,747 $83,085

22,70026,300

141,832 $ 49,000

$ 12.707T665 $ 14,839.453

$.

$"$

12,707,665 $

$

14,839,453

$26,187,769 $ 30,788,145

-~P=^^^

4/15SCHEDULE E

DEPARTMENT/FUNDGENERAL FUND

City AdministrationCity CouncilCity ClerkCityAttorneyCommunity ServicesAdmin.Community Services-Comm CtrCommunity Services-LibraryCommunity Services-RecreatinnGeneral ServicesPolice Dept. AdministrationPolice Dept.-PatrolPolice Dept.-lnvestigationsPolice Dept.-CommunicationsPolice Dept.-Comm. ResourceFire Department

Human Resource/Risk MptFinanceMagistrateInformation TechnologyCommunity Dev-Plannino &ZoningCommunity Dev-Bldg &Code CompEngineeringPublicrWorkgAdminlstratiorrPublic Works-Central GaragePublic Works-Building Maint.Public Works-Park MaintenanceGolf Course Maintenance

Department Total $

HIGHWAY USER REVENUE FUNDHighway User Revenue $

Department Total $

SUBSTANCEABUSE FUNDSubstance Abuse $

Department Total $

DEBT SERVICE FUNDDebt Service $

Department Total $[

MISCELLANEOUS GRANTSMiscellaneous Grants

Department Total $

LIBRARY GRANTS FUNDLibrary Grants $

Department Total $

City of PageExpenditures/Expenses by Department

Fiscal Year 2016ADOPTED

BUDGETED

EXPENDITURES/EXPENSES

2015

1,527,612 $

EXPENDITURE/EXPENSE

ADJUSTMENTSAPPROVED

2015

7,181 $

ACTUAL

EXPENDITURES/EXPENSES*

2015

1,030.081 $

BUDGETED

EXPENDITURES/EXPENSES

2016

204,400

1.030.081 $ 2Q47ob~

12.000 $8.560 $ 25,000

8.560 $ 25.000

2.390.750 $1,384.329 $ 1.391.250

2.390.750 $'1.384.329 $ 1.391.250

371,865 $87.734 $ 308.865

87.734 $ 308.865

5.607 $13,356 $

5.607 $= $ 13,3fifi $

£sr^-x,==^^s~=;=sr'*""*e"-"4/15

SCHEDULE F

City of PageExpenditures/Expenses byDepartment

Fiscal Year 2016ADOPTED

BUDGETED

EXPENDITURES/EXPENSES

2015

EXPENDITURE/EXPENSE

ADJUSTMENTSAPPROVED

2015DEPARTMENT/FUND

JChh FUNDJCEFExpenses $. 30,000 $_

Department Total $

DONATION FUNDDonation Account Expenses $

Department Total $

CAPITAL PROJECTS FUNDFederal Grants $.CapitalProiects/Eguipment

Department Total $

BALLOON REGATTA FUNDBalloon Regatta Expenses

Department Total $

COMMUNITY DEVELOPMENT FUNDFormerly Tourism Promotion $

Department TotaK$

AIRPORT FUNDAirport

Department Total $

AIRPORT EVENTSAirport Events

Department Total $^

CEMETERY FUNDCemetery

FIRE PENSION FUNDVolunteer Fire Pension $

Department Total $

PAGE ELECTRIC UTILITY FUNDElectric

2.922.150 $

2.922.150 $

29,600 $

7,000 $

7.000 $"

62,700 $

10.032000 $

Department Total $ 10032.000" $PAGE WATER UTILITY FUND

-*** . $ 1.9B3.7M *

Department Total $ 13fi3.706 $~

(64,459) $64.459

__ $.

. $;

/^K

ACTUAL

EXPENDITURES/EXPENSES*

2015

1,163.418 $64.459

BUDGETED

EXPENDITURES/EXPENSES

2016

1,198.800—— . 1.595.10112?7»77 $ 2.79^^qT~

26,300

22,700

10,908.859

::rr;rrP^^^the remainder of the fiscal year.

4/15SCHEDULE F

/*53^\

DEPARTMENT/FUND

$

$

$

$

Ci

Expenditures/EFisc

ADOPTED

BUDGETED

EXPENDITURES/

EXPENSES

2015

ityxpi

:al

$

$

$

$

of Pageenses by Depairear 2016

EXPENDITURE/

EXPENSE

ADJUSTMENTS

APPROVED

2015

1rm

$

$

$

$

ent

ACTUAL

EXPENDITURES/

EXPENSES*

2015

$

$

$

$

BUDGETED

EXPENDITURES/EXPENSES

2016

PAGE SEWER UTILITY FUNDSewer 1,435.896 1.348.420 1.480.206

Department Total 1.435.896 1.348.420 1.480.206

PAGE REFUSE UTILITY FUNDRefuse 642,526 635.023 642.526

Department Total 642.526 635.023 642.526

* Includes actual expenditures/expenses recognized on the modified accrual or accrual basis as of the date theproposed budget was prepared, plus estimated expenditures/expenses for the remainder of the fiscal year.

4/15 SCHEDULE F

FUND

GENERAL FUND

SPECIAL REVENUEFUNDSCommunity DevelopmentAirport

Total Special Revenue Funds

DEBT SERVICE FUNDS

Total Debt Service Funds

CAPITAL PROJECTS FUNDS

Total Capital Projects Funds

PERMANENT FUNDS

Total Permanent Funds

ENTERPRISE FUNDSElectric

Water

Sewer

Total Enterprise Funds

INTERNAL SERVICE FUND

4/15

Total Internal Service Fund

TOTAL ALL FUNDS

City of PageFull-Time Employees and Personnel Compensation

Fiscal Year 2016

Full-Time

Equivalent (FTE)2016

91 $

_2_ $1

3 $

19 $

9

10

38 $

Employee Salariesand Hourly Costs

2016

5,047,556 $

147,500 $43,246

190,746 $

1,313,000 $371,016

414,7312,098,747 $

132 $ 7.337.049 $

Retirement Costs2016

Healthcare Costs2016

826,261 $ 990,030 $

16,918 $4,725

33,160 $6,110

21,643 $ 39,270 $

150,000 $

42,555

47,570240,125 $

189,000 $

92,000

92,000373.000 $

1,088,029 $ 1,402,300 $

SCHEDULE G

Other BenefitCosts

2016

548,761 $

11,867 $4,931

16,798 $

153,000 $

44,891

42,005239,896 $

805,455 $

Total Estimated

Personnel

Compensation2016

7,412,608

209,445

59,012

268,457

1,805,000

550.462

596,306

2,951,768

10,632,833