1. 2016 Budget Presentation City Council Meeting November 19, 2015

2. 2016 Budget Agenda 2016 BUDGET REVISIONS 2016 BUDGET REVISIONS 2016 BUDGET SUMMARY 2016 BUDGET SUMMARY Operating Funds Operating Funds Special Revenue Funds Special Revenue Funds Capital/Equipment Replacement Funds Capital/Equipment Replacement Funds 2016 FTE Report 2016 FTE Report City Council Meeting November 19, 2015

3. 2016 Budget Revisions City Council Meeting November 19, 2015 3 Adjusted new home construction assessed value per County Assessor Office Adjusted new home construction assessed value per County Assessor Office Reduced property tax estimate $17,000 Reduced property tax estimate $17,000 Adjusted funding for Community Outdoor Recreation Complex due to sale of CP-5 Adjusted funding for Community Outdoor Recreation Complex due to sale of CP-5 Reduced REET funding by $755,000 to $2,245,000 Reduced REET funding by $755,000 to $2,245,000 Increased PIF funding for land acquisition $755,000 Increased PIF funding for land acquisition $755,000 Added Live Scan Finger Print Scanner purchase Added Live Scan Finger Print Scanner purchase $16,000 expense $16,000 expense $14,000 NCHIP grant and $2,000 City match $14,000 NCHIP grant and $2,000 City match Added construction of Abrams Park Pedestrian Bridge Added construction of Abrams Park Pedestrian Bridge Reallocate existing budget of $30,000 from 2015 to 2016 Reallocate existing budget of $30,000 from 2015 to 2016

4. 2016 Budget Final Draft City Council Meeting November 19, 2015 4

5. 2016 Budget 2015-2016 Operating Funds Revenue Comparison City Council Meeting November 19, 2015 5

6. 2016 Budget Operating Funds Expense Comparison City Council Meeting November 19, 2015 6

7. 2016 Budget Operating Funds Expense City Council Meeting November 19, 2015 7

8. 2016 Budget Operating Funds – Fund Balance Impact City Council Meeting November 19, 2015 8

9. 2016 Budget 2015-2016 General Fund Revenue Comparison City Council Meeting November 19, 2015 9

10. 2016 Budget General Fund Revenue Structure City Council Meeting November 19, 2015 10

11. 2016 Budget 2015-2016 General Fund Expense Comparison City Council Meeting November 19, 2015 11

12. 2016 Budget General Funds Expense City Council Meeting November 19, 2015 12

13. 2016 Budget General Fund- Fund Balance Impact City Council Meeting November 19, 2015 13

14. 2016 Budget Special Revenue Funds 2015-2016 Revenue Comparison City Council Meeting November 19, 2015 14

15. 2016 Budget Special Revenue Funds 2015-2016 Expense Comparison City Council Meeting November 19, 2015 15

16. 2016 Budget Special Revenue Funds Expense City Council Meeting November 19, 2015 16

17. 2016 Budget Special Revenue Fund Impact City Council Meeting November 19, 2015 17

18. 2016 Budget Capital & ERF Funds 2015-2016 Revenue Comparison City Council Meeting November 19, 2015 18

19. 2016 Budget Capital & ERF Funds – Expense Comparison City Council Meeting November 19, 2015 19

20. 2016 Budget Capital & ERF Fund Impact City Council Meeting November 19, 2015 20

21. 2016 Budget FTE Comparison City Council Meeting November 19, 2015 21

22. 2016 Budget FTE Comparison City Council Meeting November 19, 2015 22

23. 2016 Budget FTE Comparison City Council Meeting November 19, 2015 23

24. Next Steps City Council Meeting November 19, 2015 Second Reading and Pubic Hearing for 2016 Budget – December 3, 2015 Second Reading and Pubic Hearing for 2016 Budget – December 3, 2015 Adoption of 2016 Budget December 3, 2015 Adoption of 2016 Budget December 3, 2015 Publish budget on City website Publish budget on City website Transmit budget to MRSC, Association of Washington Cities and State Auditor’s Office Transmit budget to MRSC, Association of Washington Cities and State Auditor’s Office 24

25. Thank You City Council Meeting November 19, 2015 Acknowledgements Acknowledgements Budget Advisory Committee Budget Advisory Committee Management Team Management Team Finance Department Finance Department Questions Questions 25