1. Additional FTE - 11 Increase in overall Personnel – 5% (compares to 8% in FY2015, 7% in FY2014, 2% in FY2013) $87,225 in on-going operating $1,226,099 1X operating $23.9 million capital $1.8 million replacement equipment and vehicles

2. Single family residential building starts have been consistent since 2013 and expected to be through 2017, market is expected to have a cooling period. Exception is 2014 when foreclosed and under water homes gained enough value to go back on the market. Multifamily building starts have surged, changing the market and changing forecast methods. Multifamily permit and connection fee revenue is not a straightforward calculation. Generally, revenue is less. Changes service delivery Next boom and bust?

3.  Commercial revenue is more difficult to project because projects vary in size and value, and fee calculations are complicated. Revenues from commercial projects are much lower than those from residential development. Examples;  Connection Revenue of total $6.2 million collected in 14% ($860,398) is commercial.  Property Tax - 31% of property tax revenue we collected in FY2014 was from commercial properties.

4. The tax year is a calendar year – tax year 2015 with be collected in the City’s fiscal year 2016 New construction during 2015 can be added in using the prior year levy rate. In FY2016 we will collect $1,261,887. Annexations completed in FY2015 can also be added in using the prior year levy rate. In FY2016 we will collect $76,675. (Meridian Heights) We are allowed to increase prior year property tax by 3%, this translates to $724,000. Revenue up about $2 million dollars between FY2015 and FY2016.

5. Total taxable value up 14%; includes increases in property value and new development New construction amount decreased 18% Levy rate went from.004005842 to.003825861 - All numbers received from Assessors Office will likely change

6. The “Sample of Six” had property value changes all over the map, from a gain of 18% to a loss of 3%. The average 5% gain.

7. Total City Replacements

8. Personnel Stats

9. General Fund FY2016 Budget Addition Requests

10. Unrestricted General Fund Balance Operating Reserve

12. Enterprise Funds, or Proprietary Funds are not like Governmental Funds and they are not accounted for like Governmental Funds. Two Fund designations; Net Invested in Capital Assets (capital assets minus accumulated depreciation, used by the business to create revenue) and Unrestricted Net Assets (cash and investments available to the business to pay costs of operations). To really predict fund balance have to estimate cash inflows and outflows, not just budgeted amounts. The only other allowed fund designation is Restricted Net Assets, it can be imposed only by outside bodies; creditors, enabling legislation, or constitutional provisions.

15. FY2014 Breakout of Service Charges (based on ERU estimates) Multi-family - $1,228 per Unit Residential - $3,186 per Home Commercial - $102.74 per square foot, permit is 1% of project value

16. Enterprise Fund FY2016 Budget Addition Requests

18. Out There Somewhere in the Near Future Next Fire Station – Personnel and Operating - $1,300,000 on the low end. Personnel and Operating a recreation centers - $500,000 Court house – ? We collect $500,000 in fine revenue Environmental Protection Agency Permit Support Staff – tools to pull the info we need to ride the next wave, cost of service, performance measurement, priority based budget, strategic planning Health Insurance – rising cost, FF want after employment benefits