Work Session Four
2011 City Budget ~ Manhattan ~ Kansas
Proposed 2011 City Budget
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2010 2011 ProposedChange
General Fund $ 23,122,213
$ 23,253,312
$ 131,099
Special Revenue Funds
41,542,422 41,961,201 418,779
Bond & Interest Fund *
13,484,910 17,655,525 4,170,615
Enterprise Funds 21,008,905 22,175,500 1,166,595
Totals: $ 99,158,450
$ 105,045,53
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$ 5,887,088
2011 City Budget
* Increase is due mostly to moral obligation pledge on STAR/TIF bonds
Proposed 2011 Mill levy
3rd Work Session
4th Work Session
Change3rd to 4th
Outside Agencies 32.822 31.941 (0.881)
City Services 10.261 9.895 (0.366)
Totals: 43.083 41.836 (1.247)
32011 City Budget
Proposed 2011 Mill levy (continued)
2010 2011 Proposed Change
Outside Agencies 31.272 31.941 0.669
City Services 6.017 9.895 3.878
Totals: 37.289 41.836 4.547
42011 City Budget
Bond & Interest Property Tax Distribution5.486 Mills
52011 City Budget
$-
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
$16,000,000
Bond & Interest Fund - Expenditure Breakdown
City Special Assessments
Downtown Redevel-opment
Capital Improvement Program
Capital Projects
Special Assessments
Total Revenues
2009 Cash Car-ryover: $3,126,982
2010 Cash Car-ryover: $2,995,081
2011 Budgeted Cash Carryover: $1,469,0222008 Cash Car-
ryover: $3,462,660
$-
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
$16,000,000
Bond & Interest Fund- Revenue Breakdown
Property Taxes
Special Assessment
Sales Tax Transfers
Transfers from Other Funds
Beginning Cash Balance & Other Revenues
Total Expenditures
2008 Cash Carryover: $3,462,660
2009 Cash Carryover: $3,126,982
2010 Cash Carryover: $2,995,081
2011 Budgeted Cash Carryover: $1,469,022
Property Tax Impact ($232,500 Home)
City Services2010 Mill Levy of
37.289
2011 Mill Levy
of
41.836
Proposed
Change
General Fund $ 72 $ 72 $ 0Bond & Interest 55 147 92
Employee Benefit Fund 19 38 19Fire Equipment Reserve 3 3 0
KP&F 9 5 (4)
Outside AgenciesRCPD 675 702 27
Library 112 111 (1)Library EBF 25 24 (1)
Riley County Health 14 16 2
Totals: $ 984 $ 1,119 $ 135
82011 City Budget
Local Homeowner Perspective (ten-year period)
9
2001 2010
Total Property Taxes $ 1,953.14 $ 2,752.47 $ 799.43City of Manhattan Taxes 667.11 870.51 $ 203.41
Breakdown of City TaxesRCPD Taxes 341.28 596.74 $ 255.46Library Taxes 86.90 120.90 $ 34.00Health Department Taxes 10.32 12.40 $ 2.08
Taxes for City Services and Debt Retirement $ 228.60 140.47 ($88.13)
Residential ValueMarket Appraisal 131,400 203,000 54.5%Taxable Value 15,111 23,345
Utility Bill (shown for June)
Units of Water Consumption 21 10 (11)
Water $ 39.34 $ 26.75 ($12.59)Sewer 11.40 27.26 $ 15.86Stormwater 1.10 3.75 $ 2.65
Total Utility Bill $ 51.84 $ 57.76 $5.922011 City Budget
Remaining Decision Points
1.Permanent financing mechanism for the $1.424 million Lowery settlement.
2. Funding source for Downtown Manhattan, Inc.
3. Allocation of transient guest tax revenue for support of Discovery Center operations.
4. Funding of additional requests from Flint Hills Area Transportation for 2010 ($4,995) and 2011 ($6,132).
5. Increase in overall Utility Funds revenue.10
2011 City Budget
August 3rd -- Public Hearingon the 2011 City Budget
Reminder…
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