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1976 BudgetCITY OF MONTICELLO BUDGET 1976 DATE APPROVED: October ►4> 1975 O CITY OF MONTICELLO Preliminary Budget 1976 Table of Contents Page_ General information 1 Projected Receipts - General - Street Fund 2 Projected Receipts -Park - Tree Disease Fund 3 Projected Expenditures - General - Street Fund y Projected Expenditures - Park - Tree Disease Fund 5 Detailed Pt'ojectecl Expenditures - General Fund 6-7 Projec.teelReceipts-Expenditures - Sewer - Water Fund 8 Levy 1976 General $ 81508 Park 35525 Street 110196 Tree 19275 Bonds 104695 Capital Outlay Revolving Fund 40857 Planning and Development 20429 $412485 Assessed Valuation: 408570183 Mills 10.09 Projected Receipts 1975 A 1976 Street Fund Property taxes $ 16130 Special levy -annexation 60000 CETA Program 5000 Liquor Store Transfers 18288 Other $ 99418 a 1975 Actual Projected Budgeted 1st S Mos 197i 1976 $:27047 5 4:000 5 t154)5 9S$ _ 19W S07 :100 2000 S9731 t1741_0 1;09„7 27648 4904_ 3265' *1000 16197 18;50 176=0 $135653 526669= =232,-25 $ 817S Budgeted General Fund 197S Property taxes $ 49001 Special levy -annexation 2000 Fire calls & contracts 10000 State Aids 12S871 Transfer -Liquor Store 27648 Revenue Sharing 23000 Other 6300 $243820 Street Fund Property taxes $ 16130 Special levy -annexation 60000 CETA Program 5000 Liquor Store Transfers 18288 Other $ 99418 a 1975 Actual Projected Budgeted 1st S Mos 197i 1976 $:27047 5 4:000 5 t154)5 9S$ _ 19W S07 :100 2000 S9731 t1741_0 1;09„7 27648 4904_ 3265' *1000 16197 18;50 176=0 $135653 526669= =232,-25 $ 817S $ 1 SSOo 1O IO196 19538 5500 1027 2250 S940 13872 1828E 1600 2128 247i $ 54212 1. 3 97266 $.118611 Park Fund Property taxes Special levy -annexation CETA Program Liquor Store transfers Other Projected Receipts 1975 A 1976 1975 Budgeted Actual Projected Budgeted 1975 lot 8 Mos 1975 1976 $ 2926 $ 1451 $ 2875 $ 35525 13000 6335 12740 2500 686 800 15584 15584 50 $ 34010 8522 31999 $ 35525 Tree Disease Fund Property taxes $ 39897 $ 19710 $ 39100 $ 19275 CETA program 2500 1552 3850 Assessments 1500 540 2100 3000 Other 500 800 $ 43897 $ 21802 3 43150 $ 23075 General Fund Mayor & Council Election Expense Administration Assessor Auditing Insurance Engineering (includes aerial surveys) Legal fees Building Maintenance - City Nall Police protection Fire protection Civil Defense Animal Control Sanitation & Waste Removal Senior Citizens Planning & Zoning Library Community School Annexation Costs Building & Plumbing inspection Property purchases and improvement Other Transfer Out Street Fund Actual 1974 $ 2731 1070 28393 2133 2210 9483 Soo 2311 2265 24800 8445 1132 11128 5068 108 450 2658 6346 1622 9260 4678 $126791 Salaries and employee $ 15284 benefits 1975 Utilities 8344 Street repair & First 8 Mos improvements 7804 Equipment rental - 235 anew removal 1714 Equipment repair 1843 Engineering 1041 Assessment -parking lot 5629 Other current expense 6328 Capital Outlay* 3162 $'44479 4035 Projected Expenditures 1975 & 1976 ' 1975 69SO Actual Budget First 8 Mos 1975 $ 2327 $ 3850 235 800 34448 59750 22213 3000 1041 1400 5629 10500 14542 39000 6765 '7000 4035 3850 20709 35040 9152 9705 382 650 1250 12438 18000 5203 69SO ..8359 12000 525 . 1150 132S 1325 4490 4200 2013., 2500 22213 21520 1041 1030 2983 $159464 $243820 $ 21094 $ 26700 687Sr 10000 2443 ' 12000 .., `• 7dS9: 6000 SIS71'. 3500 676,` 2000 9761 93x'1 12227 42#50 $ 6.5672 $111950 Projected 1975 $ 4250 235 54050 2500 1950 10650 40000 8000 6152 35300 12275 850 1250 21100 7840 12000 1150 1325 4600 2500 46450 1220 2983 $278630 $ 31800 lt900 6000 7439 6500 1200 15057 aiQV $125846 +� Paint Striper $250, Welder $500, Compressor $500, Ji Mower $2000, 2 -Way Radio $1500, Other $2000. I Preliminary Budget 1976 $ 3850 1300 63SUu 2750 2300 15000 14900 5000 6300 38830 11850 1100 1875 22000 8470 16500 900 2400 3000 10000 1000 $ 2,12725 $ 46500 15500 25000 500 5000 3000 2711 13650 6.{50 $118611 Projected Expenditures 1975 & 1976 1975 Preliminary Park Fund Actual Actual Budget Projected Budget 1974 1st 8 Mos 1975 1975 1976 Wages and employee benefits $ 11950 $ 5699 $ 15550 $ 7550 $ 12975 Capital Outlay* 706 2051 14100 2500 18500 Other** X426 830 4.360 2275 4050 $ 16082 $ 8580 $ 34010 $ 12325 $ 15525 Bandstand $8000, J Mower $2000, Playground Equipment $1000, Other $500. County Park Road $7000. Tree Disease Fund Wages & employee benefits $ $ 6742' $ 10000 $ 10550 $ 16375 Rental -equipment 3000 Contracted services 1935 1294 2900 4000 Other 245 414 S00 _ 600 1700 Capital outlay* 18048 19000 32850 1000 $ 2180 $ 26498 $ 32500 $ 46900 $ 23075 • Chain Saw $450, Other $550. Projected Expenditures 1975 & 1976 General Fund Projected Mayor and Council 1975 Salaries $ 3500 $ Supplies 150 Capital outlay 600 Total Mayor & Council Election Expense Salaries $ 172 Other 63 Total election expense i $ 2850 Administration 1700 Salaries $ 35800 Employee benefits 4300 Telephone 1200 Supplies 2200 Travel, meals, conferences 1200 Repairs & maintenance 500 Printing & publishing 5300 Other 1150 Capital outlay 2400 Total Administration Assessor Auditing Insurance EnQineerine & Aerial Survevs Legal Fees • Buildin_g Maintenance -City Hall Utilities $ 2600 Cleaning 1500 Repairs & maintenance 1600 Supplies 200 Capital outlay 252 Total Bldg Mnt-City Hall Police Protection r $ 4250 Projected 1976 $ 3500 $ 150 200 $ 3950 ~ $ 1200 100 $ 235 $ '43100 ,6400 1800 2200 1300 5 50 6500 1450 500 $ 54050 2500 1950 10650 40000 e 8000 a i $ 2850 1700 1000 250 500 6152 . 35300 . 1300 $ 63800 2750 2300 15000 14900 5000 6300 38830 Projected Expenditures 1975 & 1976. General Fund (coni) Projected 1975 Fire Protection 7840 Planning & Zoning Salaries -fire calls $ 4000 Professional Fees 4600 200 Telephone Property Purchases & Im9r. 750 School '; : 1220 Soo Gas & Oil 200 Remodeling-Mnt bldg Equipment repair 700 Supplies 500 Insurance 425 Other Capital outlay 5000 Total Fire Protection Civil Defense Animal Control Dog patrol $ 1000 Other 250 Capital outlay Total Animal Control Sanitation & Waste Removal Senior Citizens Salary $ 4800 Employee Benefits 650 Utilities 1100 Repairs & maintenance 5SO Supplie $0 Rent rebate 540 Capital outlay ISO $ 6000 225 825 700 250 2000 800 300 250 500 $ 12275 850 Projected 1976 $ 11850 1100 $ 1100 275 500 1250 1875 21100 22000 1 $ 5300 Soo 1200 500 100 270 300 Total Senior Citizens 7840 Planning & Zoning ti 12000 , Library & Community School 2475 Annexation Costs 4600 Building & Plumbing Inap. 2500 Property Purchases & Im9r. (,'46450 . Other '; : 1220 Transfers Out ` 2983 $278630 I 8470 16500, 2900 3000 sow,'•. 1jS- 10000 s,W .3,;4 1000 eC.Ap, $232725 Projected Receipts & Expenditures 1975 & 1976 ' 1975 1974 Actual Projected Prujer.ted Actual 1st S Mos. 1975 Iglu Serer Fund Receipts Sewer Collections $34247 $23240 $35200 54051)() Connections & permits 8440 494 700 1'10 0 he F, 2103 762 1 400 Wo. Total Receipts $44790 $24496 $37300 $431it1, Expenditures Salaries & employee bene. $14453 $10367 $16016 $176011 Utilities 3734 2445 3500 391)11 Repair, a maintenance 2512 1136 3900 2500 Gas a oil 454 768 1200 1400 Sewerline repairs 1269 3400 31101) Treatment chemicals 850 1939 2500 321111 Capital outlay 1993 650 1000 52511 Transfer out 12752 12752 Other 2136 1189 ' 1614 142i Total Expenditures $26132 $32515 $45882 $38275 Water Fund Receipts Water Collections $24386 $15991 $24400 $27001) Water meter & hookups 10564 2S89 3000 43(10 Assessments 397 120 4990 '210(1 Other 541 360 650 700 Total Receipts $35888 $19060 $33040 $322110 Expenditures Salaries & employee ben. $ 7241 $ 5260 $ 8050 ¢ 5700 Utilities 1694 1515 2200 251111 Repair & maintenance 2162 3356 4000 2500 General supplies 489 631 850 10110 Trenching & hookup 2512 130 130 Waterliuv repair 593 3905 •5800 41100 Treatment chemicals 2912 1460 2300 2500 Supplies individual services3001 2402 5500 3500 Capital outlay 2035 300 12"o Transfer out 6500 19343 25243 5700 Other 689 334 520 050 rotal Expenditures $29828 $38336 $54893 $ 32900 119E RESOLUTION APPROVING TAX LEVY FOR 1976 FOR '111C IIOU;IXG AND RCDEVELOPMENT AUTIIORITI' Be it resolved by the City Council of Monticello, Minnesota as follows: 1 Pursuant to DIinncsota Statutes 462.545 subdivision t,, the City Council of Monticello hereby approves a 1;3 mill levy ($13,610) as requested by the Monticello (lousing and Redevelopment Authority, to he levied in IQ75 collectible in 1976. _. me proceeds of such levy shall be accumulated and kept in a separate fund known as the "lousing and Redevelopment Project Fund." Such monies accumulated"in the "Housing and Re- development Project Fund" shall be paid out only by vouchers signed by the chairperson of the (lousing and Redevelopment Authority or authorized re- presentative. All expenditures in excess of $500 ncoct City Council approval. 4• Pursuant to +Iinnesota Statutes 462.451 the llousinq and Redevelopment Authority shall make an annual report in January to the Monticello City Council ,.i' all receipts and expenditures. iJ C. O. Jo nson, Mayor Gary I0eber, City Administrator Dat-, Resoluticin Adopted RESOLUTION APPROVING TAX LEVY FOR 1976 FOR THE CITY OF MONTICELLO Be it resolved by the City Council of Monticello, Minnesota the tax levy for 1975 collectible in 1976 is as Follows: General Fund $ 81508 Street Fund 110196 Tree Disease Fund 19275 Park Fund 35525 Planning k Development 20429 Revolving Capital Outlay -Fund 40857 Bond Sinking Funds 104695 Total Levy 1975 Collectible 1976 $l2 U1 E!un�OT,-!d Gary Wrurp'City Administrator Date Resolution Adopted 0 SPECIAL MEETING -- October 6, 1975 Review of Preliminary Ilfidget - 1976 At. Monday's meeting we should go through the prc- Iiminary budget for 1976 and make any adjustments to arrive at the final 1976 budget. Our county auditor needs the tax levy to be spread in 1976 by October 10, 1075• 1 would like to review some significant points rc- _arding oto• 1076 budget. Increase in taxes. As suggested in the preliminary budget for 1971), we should consider a 1 mill levy for a revolving capital out.lay fund. This would bring our mill rate up Co ..`5 mills or $301,5$5. compared to last years ,,.011 mills or $240,709. Below is an illustration of how the increase affects a prnpert.y owner with a $30,000 home (assessed value): 1075 1976 Increase &"nds levy $14.69. $26.11 $11.42 o r H����ilar levy 24.58 35.29 10.71 1 / $39.27 $61.40 $22.13 0 It be remembered, however, that -in 1975 it L should appears we will run a deficit of about $22,000 which included Utilization of $106,520 in revenue sharing h� and liquor store funds. This was necessary as in 1075 we came under more stringent State Statutes oil levy limitations and were forced to rely on funds from Revenue Sharing and the Liquor Store. In 101 a it would not be financially sound to allocate .uty liquor st ore funds as we will be using our ►Vp�'/� current surplus (:100,0110) to a great extent, in �nl larilding up out' inventory for our new store. Add i- ti.ntally,.t.he profits will, to a great extent, be allocated to the revenue bonds used in financing the �} C new operation. R,•vrnur. sharing in 1970 should amount to approximately :2i.000 and this is notutilized in our current budget. Reasoning behind this is our "general" funds (Ceneral. Park. Street., Tree and Revenue Sharing Funds) arc pi—jected to have a balance of a $1,000 in the rcd at. the end of 1075. This balance should approximat,-, at least $50,11011. R Sewer and Water Rates. As you can see from page S of the budget, the fin- ancial picture in the sewer and water funds is neat, too bright for 1976. it would appear we should in- crease water rates approximately 100% and sewer rates approximately 50$ in order to provide adequate in- comes in each fund. It -should be pointed out the water fund should be paying the 19')3 G. 0. Water Revenue Bond payment~ ori :11,100 and by increasing the rates the city c:,)uld reduce the tax levy by this amount. Also, yc.lt, will note in looking at the 1976 budget, compared to the. 1974 actual costs and 1975 projected ousts, several significant increases in expenditures in the water and sewer fund occur. Most. notably is the salary item and this is due to the allocation of Lynnea'•s salary to sewer and water instead of general and also $4,600 in each fund has been allocated for a public works director's salary and employee benefits. The public works director's salary was allocated I/6 to sewer, 1/6 to water, 1 ` to streets and 1 /,I - projects. I am sure there will be other questions on the budget and 1 can go into more detail Monday night. 15',, w".i, Gary Wilber City Administrator