2. Accounting Details We show transfers as a separate line below personnel, operating expense, and capital outlay so true cost of the department before transfer will be reflected. 50% of Finance, IT, HR, Construction Manager, and Legal Department to Enterprise Fund 15% of Mayor’s Office personnel (except Mayor) to Enterprise Fund City Hall cost split with all departments in building according to square footage Definition of “total” budget can vary depending on inclusion of carry forward. This presentation often excludes carry forward in order to represent the “new” budget. Inclusion of “Use of fund balance” balances the total budget. It is generally not used in the revenue graphs to highlight the new sources of revenue. Use of fund balance offsets carry forward or is for one-time capital projects selected to be spent from amounts saved in the fund balance. Used for Enterprise Fund depreciation (non-cash).

3. City of Meridian – Total FY2013 Budget $ 80,186,803  Total Budget increased $14 million over FY2012 $12.5 million due to increase in capital and carry forward.  Percent of Change Year Over Year  Personnel + 2%  Operating +7% (mostly 1X items + depreciation)  Capital + 78%  Carry Forward + 59%  Enterprise Operating includes depreciation increase of $1.46 million year over year

4. Enterprise Fund FY2013 Budget - $41,102,374 Comparisons to FY2012 Final Budget- $28,717,266 Total Budget Increased 43% Operating cost Increased 8% without depreciation it decreased 10% –Removed $1.2 million dollars in consulting funds –Added $1.46 million in depreciation –$615,140 + Enhancements and One-Time Operating –No change in other line items Capital Increased 131% and is 39 % of the entire Enterprise Fund Budget Carry Forward Capital increased 8% Budget will be reduced when actual Carry Forward is calculated at year- end. FY2012 Carry forward reduced almost $3 million dollars

5. FY2013 Enterprise Fund Discretionary Revenue $11.3 million dollars available for enhancements after calculation of base budget. Total revenue minus total operating (not including depreciation) $10.3 million $10.3 million income plus $ 5.7 million fund balance used to cover all capital $5.4 million dollars fund balance used for FY2012 carry forward

6. FY2013 Enterprise Fund New Revenue and Carry Forward Calculation

7. Enterprise Fund Personnel and Operating Enhancement Request - $ 874,149 2 FTE Administrative Support Admin & Electrician WWTP Plans/Studies $410,000 (irrigation, source water master plan, aquifer recharger)

8. Water FY2013 New Capital - $6,890,000 WWTP FY2013 New Capital - $8,741,000 Water Main Replacement - $1 Million Dollars Well Treatment (brown water/quality) - $1.2 Million Dollars Ground Reservoir - $3 Million Dollars Land Acquisition North Meridian Reservoir/Booster/Well Site - $500,000

9. Water FY2013 New Capital - $6,890,000 WWTP FY2013 New Capital - $8,741,000 Plant Improvements (odor control, NPDES permit preparation, plant upgrades, system efficiencies) - $4,606,000 Lab Expansion - $500,000 WWTP Admin Building - $730,000 Reclaimed Water - $180,000 Sewer and Mainline Replacements/Extensions - $2,725,000

10. General Fund FY2013 Budget - $39,174,429 Compared to FY2012 Final Budget - $37,098,426  Increase in Carry Forward represents $1.6 million of the $2.7 million dollar change – Parks carrying forward $3 million + for maintenance building.  Personnel increased 2%, 1.5 new positions and 1% salary adjustment, Police step plan  Operating increased 7%, 1X increase of $600,000 to make a payment to Rural Fire District for station #5, increase building inspector fees for increase in development activity  $722,006 for replacement, vehicles and computers

11. FY2013 General Fund Discretionary Revenue $1.5 million dollars available for enhancements after calculation of base budget and capital replacements $2 million dollars of fund balance used per capital improvement plan. $5.5 million dollars of fund balance used for FY2012 carry forward.

12. FY2013 Budget Estimated General Fund Revenue  Moderate 2% growth forecast for economic growth related revenue streams like sales tax, building permits, and new construction property tax.  Revenue has been fairly flat-lined the last three years  Short and long term revenue forecasts ignore growth spurts  Election to take allowable property tax increase made with respect to;  Ability to finance 5 and 10 year Capital Improvement, Replacement, and Maintenance Plan  Support current level of service  Handle costs pushed to City by other government agencies  Changes in made by the Federal and State government, i.e. Changes to property tax statutes, changes to health insurance

13. Ten Year Look Forward

14. FY2013 Property Tax  Existing foregone amount is $1,144,265 and will not be requested.  Taxable Value increased 4% (not 8.5% as presented in May preliminary report to Council)  Numbers are still preliminary levy rate goes from.004420897 (2011) to.004549708 increase of.00007264 or $7.26 per $100,000  Property Tax Components that make up $20.5 Million Dollars in Property Tax  New Construction Value of $127 million = $570,000 property tax revenue  Annexation revenue = $2,941  Base Increase = $580,000  Tax Burden Split 2011 (last year)  Residential = 57.46%  Commercial = 42.54%

15. Property Tax Shifts due to HB645 & HB519 These two exemption categories alone change our levy rate from.00441684 to.00454971

16. Residential Property Homeowner exemption lowered from $92,040 to $83,974 impacts homes with value over $167,948. Median sales price for home in Meridian Quarter ending July 12, 2012 was $159,952 increase of 2.5% for the year. Average listing price for week ended August 8 th, 2012 was $245,727.

17. General Fund FY2013 Budget Request Personnel Enhancement Request - $140,422 1.5 FTE Operating Enhancement Request - $14,132 1 X Operating Enhancement Request– $916,369 Administrative Budget Transfer to Enterprise Fund - $1,753,739

18. North Meridian Planning Public Outreach - $30,000 General Fund Community Development Department FY2013 Budget Request

19. General Fund Administration FY2013 Budget Request Total Replacement and Enhancement Request - $687,256 Public Information Officer Additional emergency power back-up for City - $170,000 Street Light Enhancements including partnership with MDC for split corridor - $132,000 IT replacement servers and computers - $237,472

20. General Fund – Parks and Recreation FY2013 Budget Request Enhancement Request - $739,028 Maintenance Shop - $2.6 Million – –FY2012 Budget Amendment for $1 Million Dollars –FY2011 Budget $1.5 Million –Field House - $600,000 removed from FY2013 Request –Other Project Savings - $50,000 Impact Fees - $368,859 Settlers Village Ph #2/Borup Property Pathways - $100,000 Split Corridor /Median - $165,400 Kleiner Park - $87,400

21. General Fund – Public Safety FY2013 Budget Request Enhancement Request - $2,884,342 Replacement Capital Police - $243,500 Fire - $90,800 Fire – reimburse Rural Fire $600,000 collected in impact fees for Station #5 Police - $2 Million Dollars set aside toward public safety training center Police - $80,000 for 2 additional fleet cars

23. City of Meridian FY2012 Budget Amendment August 21, 2012

24. City of Meridian FY2012 Budget Amendment

28. Summary of major FY2012 Amendments General Fund – 31 Amendments - $1,214,774 –Parks Maintenance Facility - $1,050,000 –Contracted Legal Expenses - $155,000 –Borup Property Land Purchase - $93,000 –Assistant City Clerk - $50,863 –Carry forward Adjustment to Actual - ($453,782) Enterprise Fund – 7 Amendments – ($3,117,611) –Carry forward Adjustment to Actual - ($2,969,926) –Public Works Inspector III - $98,651

29. City of Meridian FY2012 Budget Amendment

31. Any Questions

32. Prepared by the City of Meridian Department of Financial Management and Planning For More Information call City Hall at 888 – 4433, email us at skilchenmann@meridiancity.org or check out our City of Meridian website at www.meridiancity.org – Finance Department