HomeMy WebLinkAboutCommittee of the Whole - 01 Oct 2018 - Agenda - Pdf
AGENDA
Committee of the Whole Meeting
5:30 PM - Monday, October 1, 2018
Council Chambers, 7th Floor, City Hall – 1055 S. Grady Way
1. Mayor's Budget Message and Proposed Budget
a) Presentation
2. 2019-2020 Budget Overview
a) Presentation
MAYOR’S
BUDGET
PRESENTATION
2019-2020 AGENDA ITEM #1. a)
AGENDA ITEM #1. a)
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33% various taxes
32% charges for services
20% interfund/intergovernmental
8% fines and miscellaneous revenue
7% capital grants
47% for public works: roads, utilities
infrastructure improvement and operations
31% for Police, Community Services and
Community & Economic Development
22% for general governmental and support
Total Proposed Budget
AGENDA ITEM #1. a)
Total Budget by Line Item
Citywide budget includes capital
and other one-time transfers and
costs. Overall:
33% is personnel related costs
20% are services, including utility
payments
18% in capital projects
17% internal services and
interfund transfers.
6% intergovernmental services
4% for debt service
2% in supplies and small
equipment AGENDA ITEM #1. a)
AGENDA ITEM #1. a)
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Renton City Council
October 1, 2018 AGENDA ITEM #2. a)
Budget Deliberation Schedule
o Mayor's Budget Message and Proposed Budget
o Budget Overview
o Department Presentations
o Council deliberation
o Department Presentations
o Council deliberation
o Department Presentations (if needed)
o Council deliberation
o Consider draft committee report
Regular Council Meeting o Public Hearing #2
o Public Hearing #3
o Adopt committee report
o 1st reading of budget-related legislation
Regular Council Meeting o 2nd reading and enactment of all budget-related legislation
November 19, 2018
Committee of the Whole
Committee of the Whole
October 22, 2018
November 5, 2018
Regular Council Meeting
October 15, 2018
October 1, 2018
October 8, 2018
Committee of the Whole
Committee of the Whole
AGENDA ITEM #2. a)
Total Proposed Budget
33% various taxes
32% charges for services
20% interfund/intergovernmental
8% fines and miscellaneous revenue
7% capital grants
47% for public works: roads, utilities
infrastructure improvement and operations
31% for Police, Community Services and
Community & Economic Development
22% for general governmental and support
3 AGENDA ITEM #2. a)
Total Budget by Line Item
4
Citywide budget includes capital
and other one-time transfers &
costs. Overall:
33% is personnel related costs
20% are services, including
utility payments
18% in capital projects
17% internal services and
interfund transfers.
6% intergovernmental
services
4% for debt service
2% in supplies and small
equipment AGENDA ITEM #2. a)
Proposed Budget by City Service Areas
FTE Operating Exp $Capital Exp $FTE Operating Exp $Capital Exp $
Safety & Health 202.50 48,142,212$ 90,000 203.50 49,582,567$ 90,000$
Representative Government 42.00 7,943,392 - 42.00 8,165,173 -
Livable Community 67.74 17,732,419 5,295,357 68.74 18,825,355 3,024,680
Mobility 68.41 14,335,133 23,780,208 68.41 14,933,769 20,455,035
Utilities & Environment 117.97 69,569,588 20,005,000 117.97 70,701,281 18,577,000
Internal Support 92.91 7,395,882 2,710,000 92.91 6,641,260 1,910,000
Total City Service Areas 591.53 165,118,627$ 51,880,565$ 593.53 168,849,405$ 44,056,715$
Revenue Estimates 2,627,000 2,268,000
Transfers, Other 45,145,879 45,048,493
Total City Service Areas - 47,772,879$ -$ - 47,316,493$ -$
Operating + Capital Costs 264,772,071$ 260,222,613$
City Service Areas
2019 Proposed 2020 Proposed
AGENDA ITEM #2. a)
City Service Area Operating Cost
per Capita per Year
Taking into account the fact that the City serves 104,100 residents and approximately 57,237 employees who work in Renton,
the operating budget is:
$1,622 per resident per year, just about $4.44 per day
When employment base is included –$1,047 per person per year, $2.87 per day AGENDA ITEM #2. a)
General Government Fund budget
Revenues:
77% Taxes
Combined property and sales tax represents
49% of GF revenues
Expenditures:
40% for public safety
35% for community services, community &
economic development, & public works
25% for general governmental and support
7 AGENDA ITEM #2. a)
General Fund by Line Items
8
57% of Genera Fund budget is in
personnel related costs
14% internal services include
fleet, risk management,
information technology, facilities,
and communications. Around
62% of these costs are also
personnel related for 2019-2020.
9% in services and utilities
expenses
6% debt service
9% intergovernmental services
primarily for 911 dispatch (Valley
Com) & Jail (SCORE) services
2% in operating supplies and
small equipment
3% transfers to capital AGENDA ITEM #2. a)
Where does your tax dollar go?
9
2018 Property Tax Distribution
AGENDA ITEM #2. a)
Preliminary 2019 Property Tax
10
Description Amount
2018 Base Levy $19,397,308
1% Increase 193,973
Preliminary New Construction 193,973
Parks Bond Issue 1,100,000
2019 Base Levy $20,885,254
% Change from 2018 Base Levy 7.67%AGENDA ITEM #2. a)
Sales Tax Distribution
Renton’s economy will
generate around $314
million in sales tax this
year.
The city’s share is 10%.
11 AGENDA ITEM #2. a)
B&O Structure/Business Licenses
$500,000 reporting threshold
Low tax rates of 0.05% for retail and 0.085% for
all other
Maximum amount paid is capped at $4.465
million (adjusted annually by inflation)
Registration fee of $150
12 AGENDA ITEM #2. a)
13
B&O/Business License Distribution
AGENDA ITEM #2. a)
Long Range Financial Projection
Preliminary 2017-2022
Key Revenue Assumptions:2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales Tax Growth4 9.0%12.1%0.3%-2.1%-3.2%3.5%3.1%3.1%3.1%3.1%
Property Tax 1 3.0%1.9%-33.2%-20.4%7.7%1.9%2.0%2.0%2.0%2.0%
B&O/Business License 2.0%0.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%2.0%
Overall Operating Revenue Growth 6.0%4.9%-10.7%-8.1%3.6%2.1%-0.6%1.8%1.9%1.7%
Wage Increase 2.5%2.0%2.5%2.5%3.0%3.0%3.0%3.0%3.0%3.0%
Medical Cost Growth Rate 10.0%5.5%0.0%5.0%8.0%8.0%8.0%8.0%8.0%8.0%
PERS (Pension) Contribution Rate 12.5%12.5%12.9%12.9%13.9%13.9%14.9%14.9%14.9%14.9%
Overall Operating Expense Growth 5.2%-3.2%-16.4%7.2%3.5%5.7%3.2%0.9%2.6%3.5%AGENDA ITEM #2. a)
Budget Related Legislation
1.Property Tax Levy Ordinances
-Setting the budget
-Setting the levy
-Substantial need (if needed)
-Banked capacity (if needed)
2.Utility Rate Adjustment Ordinances
3.Various User Fee Adjustments (Fee Schedule and Resolution)
4.2019-2020 Budget Ordinance
AGENDA ITEM #2. a)