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City Manager Budget Workshop 8-9-11 City of Atlantic Beach Budget Workshop August 9, 2011 Overview • Multi -year economic downturn • Revenue reductions, expense increases • Other cities • No rate increases proposed • Contingencies maintained + • Water, sewer, stormwater, parks in good shape • Service levels remain high Revenues • Down over 4 years • Prop tax $185k next year, $500k over 4 years • Interest, sales taxes • General Fund =main problem Expenditures • Numerous reductions in recent years • Pensions up $420.,000 next year, $800,000 over 4 years • Health Insurance; no increase to City in budget • Cut 4 positions: - W/S Collection /Distribution Operator - PW Heavy Equip Operator - COPS Officer (grant ?) - %Community Redevelopment Coordinator - %Detective • No COLA /raises (wage compression being created) • No tipping fee increase • Police Building Big Issues • Pensions • Health Insurance • Tipping fee to COJ • Police Building • Tax rate • Longterm outlook Schedule • Workshop 1 (tonight) Water /Sewer • Workshop (August 24) Public Works • Workshop 3 (August 31) Police., Pay &Benefits • Workshop 4 (Sept 6) Water &Wastewater Financing; Project Costs 8/10 Budget 8/11 Estimate Engineering $1,352,560 $1,608,946 Buccaneer Line $3,500,000 $1,403,656 Main Plant Upgrades $6,169,000 $5,374,940 Sludge /Odor Control $0 $2,410,200 Other Projects $1,244,787 $816,610 $12,266,347 $11,614,352 Water &Wastewater Financing; Sources of Funds 8/10 Budget 8/11 Estimate SRF Loans $902,787 $9,721,792 Cash /Loan Offset $102,787 $0 Bank Loans $10,260,773 $892,560 WMD Grant $1,000,000 $1,000,000 $12,266,347 $11,614,352 Water &Sewer Financing; Debt Payments 8/10 Budget 8/11 Estimate Yearly P &I; new debt $904,000 $759,816 Yearly P &I; old debt $1,396,000 $1,388,994 $2,300,000 $2,148,810 �i Water and Sewer Utility as Bill Comparison August, 2011 ad 0 Q ... �$00 sa e aaa es �� ® 1 0a as , e . m ; ... k i 00 Water and Sewer Utility Bill Comparison 2011 Rates ......... . . . . g oo .. ...... .. . ... .... ...... ........... ..... . . . ... ... ... ... . . . . . .... .... . ........... . . .... ...... ..... ... .. . . . . 40 x....X,, ... . ..... . .......... .............. ......... .......... ............ ........... ............ ........... ............ ............ ............ ...................... ........... . ..... .. ..... ... .............. ........ ......... ............. ............... .................... ............ ........... ............ ........... ............ ........................ 1,200,000 - Water/ Sewer Sales 1,000,000 800 0 0 ........... 0 ri x 600 c 0 m 400,000 200 000 ......... 0 7 ......:. ........... ........... ... ....................... ... ........... t ....................... �....... ........... 7 ............ t ....................... ..... 7 ...... ........... t .........� FY 2000 FY 2001 FY 2002 FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 City of Atlantic Beach Average Monthly Water Customer Usage 14.00 11 73 12.00 10.68 10.50 10.10 10.00 9.79 8.90 8.99 8.81 7 8.00 .91 7.54 6.00 4.00 2.00 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 Water Sales Vol 99-00 to 10-11 120,000 100,000 80,000 —I§m-FY 99-00 FY 01-02 FY 03-04 FY 05-06 60,000 FY 07-08 FY 09-10 FY 10-11 40,000 20,000 ................................................................................................................................................................................................................................................................................ . ............................................. I ...................... I ...................... I ...................... I ...................... t ...................... I ....................... I ...................... t ...................... v ...................... I ...................... 1 2 3 4 5 6 7 8 9 10 11 12 Months of FY October = 1 Sewer Sales Volume FY 2000 -FY 2011 90 80 a 701 000 FY 1999-00 O 0 60, 000 ... - r .... FY 2003 -04 x 501 000 FY 2005 -06 N = FY 2007 -08 40 000 � � FY 09 -10 FY 10 -11 30 20,000 10 0 1 2 3 4 5 6 7 8 9 10 11 12 Months of FY; October =1 $800,000 Transfers to General Fund vs Surcharge $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 Public Utilities 0 25 20 AA 15 10 5 0 5 �b CJ N ev eb t N 4 3 N CO 0 0 N ' A T �O �O ' A T �O �O ' A T �O �O ! g � � � Ik � 4 k * * mm Personal Services Operating Expenses a Debt Service =Transfers mmCapital Outlay Revenue