1. June 14, 2016

5. Where does the money come from? Total Revenues Collected $363,449

6. Note: 2015 experienced a 3.6% decline in electric utility revenue compared to the prior year due to mild winter.

7. Note: 2015 experienced a 4% decline in gas utility tax revenue compared to the prior year.

8. Note: Telephone utility tax revenues declined 11% in 2015 compared to 2014.

10. Where does the money go? 2015 Total Budgeted Expenditures $432,267

11. City of West Richland2015 Budget Est. Library Contract Fee$380,672 Library Building & Maintenance$51,595 Total$432,267 Library Fund 121

12. Library Contract Fee Calculation for 2015 MCL’s Levy Rate $0.37281980 City of West Richland’s Assessed Valuation $1,008,958,750/$1,000 $376,159.80

14. Library Contract Fee Paid to MCL Note: Contract fee has increased 5% annually on average over the past 5 years

15. MCL 2015 Budget for West Richland Branch Direct Expenditures$277,305 Public Services$162,977 Administrative Services$55,266 Total$495,548 City of West Richland Contract Fee$376,160 Unincorporated Benton County$119,388

18. MCLRichlandLSSI, Inc. City Contract Fee$376,160$410,829$436,160 Note: Estimated collection and equipment costs for Richland is $543,000. These costs are included in the LSSI, Inc contract fee above which is estimated to be $60,000 a year.

20. Growing gap between revenues and cost of library services Expenditures Revenues 4.5% 2.5% The gap is growing Note: Data reflects 5YR actual average 2010-2014

26. Where does the money come from? 54% of general fund revenues comes from utility and property taxes

27. Where does the money go? 2015-2016 Biennial Budget $13.7 Million

28. Where Your Property Tax Dollar Goes Port of Kennewick 3¢ Benton County 10¢ City of West Richland 13¢ Fire District #4 16¢ State Schools 19¢ Richland School District 39¢

29. Lack of diversified revenue sources:  Heavy reliance on building revenues (extremely volatile)  Sales tax leakage (Queensgate) Property Tax Retail Sales Tax Utility Tax West Richland sales tax per capita is $49 compared to $153 area average (Richland, Kennewick, Pasco)

30. Why is it a challenge to balance the General Fund budget?

35. $250,000 (Property’s Assessed Value by Benton County) $1,000 $1.55 $387.08 Per Assessed Value West Richland Levy Rate 2016 West Richland’s portion of an individual’s property tax bill. Note: This example only includes the City’s portion of an individual’s property tax bill. Does not include, for example, School District, Fire District, County, etc.