Budget Overview Division/2018...REVENUE OVERVIEW All Funds - by Fund Type FY 2016 Actual FY 2017 Adopted FY 2017 Amended FY 2018 Increase (Decrease) 58 Source / Type LOCAL SOURCES

BudgetOverview

Revenues

All Funds

General Fund

Expenditures

All Funds

General Fund

Financial Position

Staffing

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REVENUE OVERVIEWAll Funds - by Fund

FundGeneral Fund 108,110,599 107,228,620 123,071,586 115,131,470 7,902,850 Social Services Fund 5,445,202 5,957,920 5,969,291 6,121,160 163,240 Fire and Rescue Fund 9,486,636 9,947,580 11,008,159 11,009,000 1,061,420 Owens Brooke Tax District Fund 40,294 40,200 40,200 40,200 - PEG Fund 158,699 165,000 165,000 165,000 - Speiden Carper House Fund 614 5,670 17,901 6,000 330 Sewer Fund 13,899,979 14,933,100 18,078,342 17,024,610 2,091,510 Water Fund 9,308,383 9,696,590 10,896,401 12,925,280 3,228,690 Electric Fund 41,493,818 41,106,270 42,381,651 43,702,680 2,596,410 Stormwater Fund 1,190,817 1,162,370 1,170,902 1,213,060 50,690 Airport Fund 2,450,768 2,721,300 2,765,560 2,952,520 231,220 Solid Waste Fund 3,408,435 3,401,710 3,401,710 3,392,710 (9,000) Parking Garage Fund 42,053 - - - - Building Maintenance Fund 1,469,809 1,538,800 1,579,587 1,538,800 - Vehicle Maintenance Fund 3,198,135 4,228,300 4,419,339 3,468,490 (759,810) Information Technology Fund 2,706,383 3,533,830 5,203,475 3,304,230 (229,600) Cemetery Trust Fund 9,415 30,000 30,000 30,000 - Debt Service Fund 9,413,233 10,563,030 10,563,030 12,553,310 1,990,280 School Operating Fund 90,906,070 97,212,126 97,541,490 97,889,176 677,050 School Food Service Fund 3,770,703 4,240,098 5,995,185 4,160,663 (79,435) School Capital Projects Fund 2,547,128 7,352,000 18,394,866 3,400,000 (3,952,000) School Grants/Projects Fund 2,978,562 3,527,292 3,527,292 3,638,626 111,334 School Debt Service Fund 7,509,759 7,373,400 7,373,400 7,489,607 116,207

ALL FUNDS TOTAL: 319,545,494 335,965,206 373,594,367 351,156,592 15,191,386

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

General Fund 32%

Social Services

2%

Fire & Rescue

3% Debt Service

3%

Utilities 19%

Other Funds 2%

Internal Svcs 3%

Schools 36%

FY 2017 Adopted Budget $335,965,206

General Fund 33%

Social Services

2%

Fire & Rescue

3% Debt Service

4%

Utilities 21%

Other Funds 2%

Internal Svcs 2%

Schools 33%


57

FUND TYPE / FundGENERAL FUNDGeneral Fund 108,110,599 107,228,620 123,071,586 115,131,470 7,902,850

Fund Type Total: 108,110,599 107,228,620 123,071,586 115,131,470 7,902,850

SPECIAL REVENUE FUNDSSocial Services Fund 5,445,202 5,957,920 5,969,291 6,121,160 163,240 Fire and Rescue Fund 9,486,636 9,947,580 11,008,159 11,009,000 1,061,420 Owens Brooke Tax District Fund 40,294 40,200 40,200 40,200 - PEG Fund 158,699 165,000 165,000 165,000 - Speiden Carper House Fund 614 5,670 17,901 6,000 330

Fund Type Total: 15,131,445 16,116,370 17,200,551 17,341,360 1,224,990

ENTERPRISE FUNDSSewer Fund 13,899,979 14,933,100 18,078,342 17,024,610 2,091,510 Water Fund 9,308,383 9,696,590 10,896,401 12,925,280 3,228,690 Electric Fund 41,493,818 41,106,270 42,381,651 43,702,680 2,596,410 Stormwater Fund 1,190,817 1,162,370 1,170,902 1,213,060 50,690 Airport Fund 2,450,768 2,721,300 2,765,560 2,952,520 231,220 Solid Waste Fund 3,408,435 3,401,710 3,401,710 3,392,710 (9,000) Parking Garage Fund 42,053 - - - -

Fund Type Total: 71,794,253 73,021,340 78,694,566 81,210,860 8,189,520

INTERNAL SERVICE FUNDSBuilding Maintenance Fund 1,469,809 1,538,800 1,579,587 1,538,800 - Vehicle Maintenance Fund 3,198,135 4,228,300 4,419,339 3,468,490 (759,810) Information Technology Fund 2,706,383 3,533,830 5,203,475 3,304,230 (229,600)

Fund Type Total: 7,374,327 9,300,930 11,202,401 8,311,520 (989,410)

PERMANENT FUNDCemetery Trust Fund 9,415 30,000 30,000 30,000 -

Fund Type Total: 9,415 30,000 30,000 30,000 -

DEBT SERVICE FUNDDebt Service Fund 9,413,233 10,563,030 10,563,030 12,553,310 1,990,280

Fund Type Total: 9,413,233 10,563,030 10,563,030 12,553,310 1,990,280

SCHOOL FUNDSSchool Operating Fund 90,906,070 97,212,126 97,541,490 97,889,176 677,050 School Food Service Fund 3,770,703 4,240,098 5,995,185 4,160,663 (79,435) School Capital Projects Fund 2,547,128 7,352,000 18,394,866 3,400,000 (3,952,000) School Grants/Projects Fund 2,978,562 3,527,292 3,527,292 3,638,626 111,334 School Debt Service Fund 7,509,759 7,373,400 7,373,400 7,489,607 116,207

Fund Type Total: 107,712,222 119,704,916 132,832,233 116,578,072 (3,126,844)

ALL FUNDS TOTAL: 319,545,494 335,965,206 373,594,367 351,156,592 15,191,386

REVENUE OVERVIEWAll Funds - by Fund Type

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

58

Source / TypeLOCAL SOURCESGeneral Property Taxes 76,770,693 78,138,850 78,138,850 83,014,200 4,875,350 Other Local Taxes 19,123,123 17,990,000 17,990,000 18,858,000 868,000 Permits, Fees, & Licenses 654,822 823,600 823,600 833,100 9,500 Fines & Forfeitures 751,006 692,000 692,000 717,000 25,000 Interest & Use of Property 2,590,198 2,524,180 2,749,180 2,887,990 363,810 Charges for Services 7,188,547 7,282,180 7,282,180 7,330,283 48,103 Sales & Connections 61,580,713 61,993,370 61,993,370 64,877,020 2,883,650 Other Local Revenue 5,282,463 4,202,360 4,566,169 5,123,950 921,590 Interfund Revenue 8,244,014 9,774,020 9,883,751 9,445,650 (328,370)

Source Total: 182,185,579 183,420,560 184,119,100 193,087,193 9,666,633

STATE OF VIRGINIANoncategorical 8,154,828 7,985,430 7,985,430 8,100,430 115,000 Shared Expenses 291,090 273,000 273,000 273,000 - Categorical Aid 52,089,651 55,834,478 55,910,849 57,346,827 1,512,349

Source Total: 60,535,569 64,092,908 64,169,279 65,720,257 1,627,349

FEDERAL GOVERNMENTNoncategorical 115,775 74,120 74,120 54,180 (19,940) Federal Pass Through 2,063,750 2,123,010 2,126,509 2,099,220 (23,790) Categorical 5,858,511 6,462,292 6,459,137 6,972,114 509,822

Source Total: 8,038,036 8,659,422 8,659,766 9,125,514 466,092

OTHER FINANCING SOURCESPayment in Lieu of Taxes 1,762,630 1,836,850 1,836,850 1,820,810 (16,040) Debt Issuance - - 15,032,784 - - Transfers from Other Funds 66,339,740 72,533,070 72,533,070 71,707,960 (825,110) Use of Fund Balance - 3,922,396 25,743,518 6,176,728 2,254,332 Tap Fees 683,940 1,500,000 1,500,000 3,518,130 2,018,130

Source Total: 68,786,310 79,792,316 116,646,222 83,223,628 3,431,312

ALL SOURCES TOTAL: 319,545,494 335,965,206 373,594,367 351,156,592 15,191,386

REVENUE OVERVIEWAll Funds ‐ by Source

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

Local Sources55%

State19%

Federal2%

Other Financing Source24%

FY 2017 Adopted Budget$335,965,206

Local Sources55%

State19%

Federal2%

Other Financing Source24%


59

REVENUE OVERVIEWAll Funds ‐ by Fund and Source

FUND / Source / DescriptionIncrease

(Decrease)FY 2018Adopted

FY 2017Adopted

FY 2017Amended

FY 2016Actual

GENERAL FUNDLocal Sources

4,526,030General Property Taxes 68,455,479 69,425,970 69,425,970 73,952,000868,000Other Local Taxes 19,123,123 17,990,000 17,990,000 18,858,000

14,500Permits, Fees, Licenses 603,585 768,600 768,600 783,10025,000Fines & Forfeitures 751,006 692,000 692,000 717,00055,000Interest & Use of Property 402,482 299,980 524,980 354,98033,100Charges for Services 537,377 562,900 562,900 596,000

1,187,070Other Local Revenue 3,549,126 2,799,080 3,070,031 3,986,150Source Total: 93,422,178 92,538,530 93,034,481 99,247,230 6,708,700

State of Virginia115,000Noncategorical 8,104,958 7,900,430 7,900,430 8,015,430

-Shared Expenses 291,090 273,000 273,000 273,000)(69,210Categorical Aid 3,753,819 3,854,210 3,919,210 3,785,000

Source Total: 12,149,867 12,027,640 12,092,640 12,073,430 45,790

Federal Government-Noncategorical 9,717 10,000 10,000 10,000)(100,000Federal Pass Through 12,209 100,000 23,792 -

325,000Categorical 48,748 100,000 96,845 425,000Source Total: 70,674 210,000 130,637 435,000 225,000

Other Financing Sources)(16,040Payment in Lieu of Taxes 1,762,630 1,836,850 1,836,850 1,820,810

-Other Insurance/Recovery 1,000 - 90,158 --Debt Issuance - - 13,532,784 --Transfers 704,250 30,000 30,000 30,000

939,400Use of Fund Balance - 585,600 2,324,036 1,525,000Source Total: 2,467,880 2,452,450 17,813,828 3,375,810 923,360

7,902,850FUND TOTAL: 108,110,599 123,071,586107,228,620 115,131,470

60




FY 2017Adopted

FY 2017Amended

FY 2016Actual

SOCIAL SERVICES FUNDLocal Sources

-Charges for Services 35,946 36,000 36,000 36,000Source Total: 35,946 36,000 36,000 36,000 -

State of Virginia)(10,970Categorical Aid 1,273,105 1,695,470 1,706,841 1,684,500

Source Total: 1,273,105 1,695,470 1,706,841 1,684,500 )(10,970

Federal Government76,210Federal Pass Through 1,898,365 1,823,010 1,823,010 1,899,220

Source Total: 1,898,365 1,823,010 1,823,010 1,899,220 76,210

Other Financing Sources98,000Transfers 2,237,787 2,403,440 2,403,440 2,501,440

Source Total: 2,237,787 2,403,440 2,403,440 2,501,440 98,000

163,240FUND TOTAL: 5,445,203 5,969,2915,957,920 6,121,160

FIRE AND RESCUE FUNDLocal Sources

349,320General Property Taxes 8,275,192 8,672,680 8,672,680 9,022,000)(5,000Permits, Fees, Licenses 51,237 55,000 55,000 50,000

-Charges for Services 684,687 640,000 640,000 640,000-Other Local Revenue 11,326 10,000 10,000 10,000

Source Total: 9,022,442 9,377,680 9,377,680 9,722,000 344,320

State of Virginia-Categorical Aid 171,369 187,000 187,000 187,000

Source Total: 171,369 187,000 187,000 187,000 -

Federal Government-Federal Pass Through 134,374 200,000 279,707 200,000

Source Total: 134,374 200,000 279,707 200,000 -

Other Financing Sources-Sale of Assets 158,449 - - -

717,100Use of Fund Balance - 182,900 1,163,772 900,000Source Total: 158,449 182,900 1,163,772 900,000 717,100

1,061,420FUND TOTAL: 9,486,634 11,008,1599,947,580 11,009,000

OWENS BROOKE TAX DISTRICT FUNDLocal Sources

-General Property Taxes 40,021 40,200 40,200 40,200-Interest & Use of Property 273 - - -

Source Total: 40,294 40,200 40,200 40,200 -

-FUND TOTAL: 40,294 40,20040,200 40,200

61




FY 2017Adopted

FY 2017Amended

FY 2016Actual

PEG FUNDLocal Sources

-Other Local Revenue 158,699 165,000 165,000 165,000Source Total: 158,699 165,000 165,000 165,000 -

-FUND TOTAL: 158,699 165,000165,000 165,000

SPEIDEN CARPER HOUSE FUNDLocal Sources

-Interest & Use of Property 614 500 500 500Source Total: 614 500 500 500 -

Other Financing Sources330Use of Fund Balance - 5,170 17,401 5,500

Source Total: - 5,170 17,401 5,500 330

330FUND TOTAL: 614 17,9015,670 6,000

DEBT SERVICE FUNDFederal Government

-Noncategorical 24,204 - - -Source Total: 24,204 - - - -

Other Financing Sources1,990,280Transfers 9,389,030 10,563,030 10,563,030 12,553,310

Source Total: 9,389,030 10,563,030 10,563,030 12,553,310 1,990,280

1,990,280FUND TOTAL: 9,413,234 10,563,03010,563,030 12,553,310

SEWER FUNDLocal Sources

2,100Interest & Use of Property 32,762 12,900 12,900 15,000323,360Sales & Connections 13,357,144 13,885,700 13,885,700 14,209,060

)(2,000Other Local Revenue 1,567 34,500 34,500 32,500Source Total: 13,391,473 13,933,100 13,933,100 14,256,560 323,460

Other Financing Sources76,000Transfers - - - 76,000

260,200Use of Fund Balance - - 3,145,242 260,2001,431,850Tap Fees 508,507 1,000,000 1,000,000 2,431,850

Source Total: 508,507 1,000,000 4,145,242 2,768,050 1,768,050

2,091,510FUND TOTAL: 13,899,980 18,078,34214,933,100 17,024,610

62




FY 2017Adopted

FY 2017Amended

FY 2016Actual

WATER FUNDLocal Sources

2,000Interest & Use of Property 30,601 12,000 12,000 14,000248,090Sales & Connections 8,818,579 8,900,490 8,900,490 9,148,580

)(87,100Other Local Revenue 251,687 284,100 284,100 197,000Source Total: 9,100,867 9,196,590 9,196,590 9,359,580 162,990

Federal Government-Noncategorical 32,084 - - -

Source Total: 32,084 - - - -

Other Financing Sources-Debt Issuance - - 500,000 -

74,000Transfers - - - 74,0002,405,420Use of Fund Balance - - 699,811 2,405,420

586,280Tap Fees 175,433 500,000 500,000 1,086,280Source Total: 175,433 500,000 1,699,811 3,565,700 3,065,700

3,228,690FUND TOTAL: 9,308,384 10,896,4019,696,590 12,925,280

ELECTRIC FUNDLocal Sources

5,000Interest & Use of Property 23,231 16,000 16,000 21,0002,361,700Sales & Connections 39,040,677 38,824,070 38,824,070 41,185,770

)(177,330Other Local Revenue 1,015,818 893,010 893,010 715,680127,040Interfund Revenue 1,414,093 1,373,190 1,373,190 1,500,230

Source Total: 41,493,819 41,106,270 41,106,270 43,422,680 2,316,410

Other Financing Sources-Debt Issuance - - 1,000,000 -

280,000Use of Fund Balance - - 275,381 280,000Source Total: - - 1,275,381 280,000 280,000

2,596,410FUND TOTAL: 41,493,819 42,381,65141,106,270 43,702,680

STORMWATER FUNDLocal Sources

50,690Charges for Services 1,172,017 1,162,370 1,162,370 1,213,060-Other Local Revenue - - 2,700 -

Source Total: 1,172,017 1,162,370 1,165,070 1,213,060 50,690

Federal Government-Federal Pass Through 18,800 - - -

Source Total: 18,800 - - - -

Other Financing Sources-Use of Fund Balance - - 5,832 -

Source Total: - - 5,832 - -

50,690FUND TOTAL: 1,190,817 1,170,9021,162,370 1,213,060

63




FY 2017Adopted

FY 2017Amended

FY 2016Actual

AIRPORT FUNDLocal Sources

299,710Interest & Use of Property 1,983,963 2,177,400 2,177,400 2,477,110)(49,500Sales & Connections 364,314 383,110 383,110 333,610

950Other Local Revenue 2,848 11,670 11,670 12,620Source Total: 2,351,125 2,572,180 2,572,180 2,823,340 251,160

State of Virginia-Noncategorical 49,871 85,000 85,000 85,000

Source Total: 49,871 85,000 85,000 85,000 -

Federal Government)(19,940Noncategorical 49,770 64,120 64,120 44,180

Source Total: 49,770 64,120 64,120 44,180 )(19,940


Source Total: - - 44,260 - -

231,220FUND TOTAL: 2,450,766 2,765,5602,721,300 2,952,520

SOLID WASTE FUNDLocal Sources

-Interest & Use of Property 228 300 300 300)(9,000Charges for Services 3,399,806 3,393,060 3,393,060 3,384,060

Source Total: 3,400,034 3,393,360 3,393,360 3,384,360 )(9,000

State of Virginia-Categorical Aid 8,401 8,350 8,350 8,350

Source Total: 8,401 8,350 8,350 8,350 -

)(9,000FUND TOTAL: 3,408,435 3,401,7103,401,710 3,392,710

PARKING GARAGE FUNDOther Financing Sources

-Transfers 42,053 - - -Source Total: 42,053 - - - -

-FUND TOTAL: 42,053 -- -

BUILDING MAINTENANCE FUNDLocal Sources

-Interest & Use of Property 569 - - --Interfund Revenue 1,469,240 1,538,800 1,538,800 1,538,800

Source Total: 1,469,809 1,538,800 1,538,800 1,538,800 -


Source Total: - - 40,787 - -

-FUND TOTAL: 1,469,809 1,579,5871,538,800 1,538,800

64




FY 2017Adopted

FY 2017Amended

FY 2016Actual

VEHICLE MAINTENANCE FUNDLocal Sources

-Interest & Use of Property 858 1,600 1,600 1,600-Other Local Revenue 122,957 - - -)(225,810Interfund Revenue 2,667,457 3,336,700 3,386,700 3,110,890

Source Total: 2,791,272 3,338,300 3,388,300 3,112,490 )(225,810

Other Financing Sources)(534,000Transfers 406,862 890,000 890,000 356,000

-Use of Fund Balance - - 141,039 -Source Total: 406,862 890,000 1,031,039 356,000 )(534,000

)(759,810FUND TOTAL: 3,198,134 4,419,3394,228,300 3,468,490

INFORMATION TECHNOLOGY FUNDLocal Sources

-Interest & Use of Property 4,172 3,500 3,500 3,500-Other Local Revenue 8,988 5,000 5,000 5,000)(229,600Interfund Revenue 2,693,224 3,525,330 3,585,061 3,295,730

Source Total: 2,706,384 3,533,830 3,593,561 3,304,230 )(229,600

Other Financing Sources-Use of Fund Balance - - 1,609,914 -

Source Total: - - 1,609,914 - -

)(229,600FUND TOTAL: 2,706,384 5,203,4753,533,830 3,304,230

CEMETERY TRUST FUNDLocal Sources

-Interest & Use of Property 415 - - --Charges for Services 9,000 - - -

Source Total: 9,415 - - - -

Other Financing Sources-Use of Fund Balance - 30,000 30,000 30,000

Source Total: - 30,000 30,000 30,000 -

-FUND TOTAL: 9,415 30,00030,000 30,000

65




FY 2017Adopted

FY 2017Amended

FY 2016Actual

SCHOOL OPERATING FUNDLocal Sources

-Interest & Use of Property 19,041 - - -)(16,637Charges for Services 511,300 531,850 531,850 515,213

Source Total: 530,341 531,850 531,850 515,213 )(16,637

State of Virginia1,583,907Categorical Aid 46,781,868 49,986,808 49,986,808 51,570,715

Source Total: 46,781,868 49,986,808 49,986,808 51,570,715 1,583,907

Other Financing Sources1,306,403Transfers 43,593,861 43,921,200 43,921,200 45,227,603

)(2,196,623Use of Fund Balance - 2,772,268 3,101,632 575,645Source Total: 43,593,861 46,693,468 47,022,832 45,803,248 )(890,220

677,050FUND TOTAL: 90,906,070 97,541,49097,212,126 97,889,176

SCHOOL GRANTS/PROJECTS FUNDFederal Government

111,334Categorical 2,978,562 3,527,292 3,527,292 3,638,626Source Total: 2,978,562 3,527,292 3,527,292 3,638,626 111,334

111,334FUND TOTAL: 2,978,562 3,527,2923,527,292 3,638,626

SCHOOL DEBT SERVICE FUNDOther Financing Sources

116,207Transfers 7,509,759 7,373,400 7,373,400 7,489,607Source Total: 7,509,759 7,373,400 7,373,400 7,489,607 116,207

116,207FUND TOTAL: 7,509,759 7,373,4007,373,400 7,489,607

SCHOOL FOOD SERVICE FUNDLocal Sources

)(10,050Charges for Services 838,413 956,000 956,000 945,950Source Total: 838,413 956,000 956,000 945,950 )(10,050

State of Virginia8,622Categorical Aid 101,089 102,640 102,640 111,262

Source Total: 101,089 102,640 102,640 111,262 8,622

Federal Government73,488Categorical 2,831,201 2,835,000 2,835,000 2,908,488

Source Total: 2,831,201 2,835,000 2,835,000 2,908,488 73,488

Other Financing Sources)(151,495Use of Fund Balance - 346,458 2,101,545 194,963

Source Total: - 346,458 2,101,545 194,963 )(151,495

)(79,435FUND TOTAL: 3,770,703 5,995,1854,240,098 4,160,663

66




FY 2017Adopted

FY 2017Amended

FY 2016Actual

SCHOOL CAPITAL PROJECTSLocal Sources

-Interest & Use of Property 90,990 - - -Source Total: 90,990 - - - -

Other Financing Sources)(3,952,000Transfers 2,456,138 7,352,000 7,352,000 3,400,000

-Use of Fund Balance - - 11,042,866 -Source Total: 2,456,138 7,352,000 18,394,866 3,400,000 )(3,952,000

)(3,952,000FUND TOTAL: 2,547,128 18,394,8667,352,000 3,400,000

ALL FUNDS TOTAL: 15,191,386319,545,495 335,965,206 373,594,367 351,156,592

67

REVENUE OVERVIEW Major Revenue Source Analysis

MAJOR REVENUE SOURCES The City of Manassas budgets and accounts for its revenue within the various funds of the City. However, revenue is also budgeted and accounted for by source. The revenue sources for the City are as follows: Local Revenues:

General Property Taxes Other Taxes Permits, Fees, Licenses Fines and Forfeitures Revenue from the Use of Money and Property (interest and rent) Charges for Services Sales & Connections Other Local Revenue & Interfund

Revenues from Other Government: Revenue from the State Revenue from the Federal Government

Non-revenue Sources: Payment in Lieu of Taxes and Transfers Bond Proceeds Contribution from Fund Balance In the FY 2018 Adopted Budget, General Property Taxes make up 24% of the total revenue and Other Taxes (sales, business, professional and occupational, meals, utility, etc.) make up 5%. Sales & Connections are 18% of the total revenue and Revenue from the State and Federal Governments make up 21 %. Transfers and Interfund revenue make up 23%. These six classifications account for 91 % of the total revenue. The General Fund is supported 64 % by General Property Taxes, 16 % by Other Taxes, and 20 % by all other revenue sources. The pie chart below shows the FY 2018 Adopted Budget (all funds) by funding source.

Transfers & Interfund

23%

Fund Balance2%

General Property Tax24%

Other Taxes5%

Sales & Connections

19%

State & Federal21%

Other*6%

*Other represents Permits, Licenses, & Fees; Fines & Forfeitures; Use of Money and Property; Charges for Services; Miscellaneous Revenues; and Other Financing Sources

68


GENERAL PROPERTY TAXES General Property Taxes are levied on the assessed value of real and personal property. These taxes include real property taxes and personal property taxes. The tax year for real property taxes is July 1 – June 30; the tax year for personal property taxes is January 1 – December 31. These taxes represent 24 % ($83 million) of the City's total resources. Real Property Taxes (§58.1-3201 for General, §27-23.1 for Fire, §15.2-2403 for Special Taxing Districts) The Adopted Real Property Tax Rate increased from $1.22 to $1.253 and the Adopted Fire and Rescue Levy increased from $0.183 to $0.187. The Owens Brooke Tax District Tax Rate decreased from $0.132 to $0.124. Assessments on residential properties have increased since January 1, 2016 an average of 2.81%. Non-residential property assessments have increased an average of 0.50%. The average residential tax payer will see a 5.30 % or $198 increase to their tax bill in FY 2018. The average non-residential tax payer will see a 2.99 % or $572 increase to their tax bill in FY 2018. The average tax bill for all classes will increase 4.44% or $235. Virginia localities are prohibited from levying separate tax rates on commercial and residential properties. Real Estate Tax Base

Total real estate assessments - $4.807 billion in tax year 2018 an increase of 2.07% from the prior year New construction accounts for $29.83 million of the real estate assessments (0.6%) Each penny on the rate generates approximately $470,000 in real estate revenue in FY 2018 The City provided $1,017,899 in Tax Relief for the Elderly and Handicapped Program in FY 2017

The chart below shows a history of revenue collections for Real Property Taxes for the General Fund and Fire and Rescue Fund.

$45.98

$45.80

$49.25

$51.84

$54.73

$56.44

$56.44

$58.98

$6.30

$6.68

$7.38

$7.75

$8.05

$8.45

$8.45

$8.80

$0.0

$10.0

$20.0

$30.0

$40.0

$50.0

$60.0

$70.0

$80.0

FY 2012($1.226 +$0.169)

FY 2013($1.192 +$0.174)

FY 2014($1.211 +$0.182)

FY 2015($1.190 +$0.178)

FY 2016($1.210 +$0.178)

FY 2017 AD($1.220 +$0.183)

FY 2017 P($1.220 +$0.183)

FY 2018 AD($1.253 +$0.187)

Millions

Real Property Tax Revenue(General Fund and Fire & Rescue Fund)

General Tax Levy Fire Levy

69


Personal Property Taxes (§58.1-3500) Personal Property Tax is levied on all tangible personal property, including motor vehicles and delivery equipment. Household goods and personal effects are exempt. The Adopted Tax Rates are below and the resolution which includes the related Code of Virginia sections can be found in the Policy & Process section of this book.

Machinery & Tools - $2.10 Machinery & Tools Used in Semiconductor Manufacturing – $0.649 (Increased from $0.648 in FY 2017) Programmable Computer Equipment - $1.25 Vehicles without motive power, used or designed to be used as manufactured homes - $1.253 (Increased

from $1.22 in FY 2017) Aircraft and Antique Motor Vehicles - $0.00001 Motor Vehicles as identified in sections (e)-(l) in Ordinance O-2017-05 - $0.00001 Business Personal Property - $3.60 All Tangible Personal Property except as specified in O-2017-15 1 (a) – (n) - $3.60

The chart above shows a history of revenue collections for Personal Property Tax. In FY 2015, the Tangible Business Personal Property Tax Rate was increased from $2.50 to $3.70. Additionally, we saw an increase in the number of personal property accounts in FY 2015. Below is the billing information for personal property taxes (excluding M&T). The collection rate is 95%-97%.

Classification FY 2014 FY 2015 FY 2016 FY 2017Personal Vehicles $ 6,866,460 $ 7,041,961 $ 7,340,312 $ 7,612,557 Business Vehicles 1,006,890 1,029,567 1,200,518 1,272,868 Leased Vehicles 421,340 485,020 519,440 554,283 Boats & Motors 3,935 11,587 9,187 10,558 Business Personal Property 1,338,400 1,951,943 1,898,050 2,018,117 Business Computer Equipment 108,265 118,282 102,896 109,650 PPTRA (State Revenue) (3,786,634) (3,786,634) (3,786,634) (3,786,634) Total Billed per COR $ 5,958,656 $ 6,851,726 $ 7,283,769 $ 7,791,399

$4.83

$5.62

$5.78

$6.74

$7.01

$6.20

$7.20

$8.14

$4.64 $4.75

$4.96 $5.07

$4.91

$5.00 $4.85 $4.85

$0.0

$2.0

$4.0

$6.0

$8.0

$10.0

$12.0

$14.0

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 AD FY 2017 P FY 2018 AD

Millions

Personal Property Tax Revenue(General Fund)

Personal Property Machinery & Tools

70


OTHER LOCAL TAXES Other Local Taxes are comprised of consumer and business based taxes including Sales Tax, BPOL tax, Vehicle License Tax, Bank Franchise Tax, Meal Tax, and Cigarette Tax. Other local taxes make up $18.8 million, or 5%, of the City’s total Adopted Budget (all in the General Fund). The chart below shows the trend in Other Local Tax revenue. The increase in FY 2016 is due to significant increases in Sales Tax, Meals Tax, and BPOL Tax. A more in depth analysis of some of the larger tax sources can be found on later pages in this analysis.

$0.0

$2.0

$4.0

$6.0

$8.0

$10.0

$12.0

$14.0

$16.0

$18.0

$20.0

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017Proj.

FY 2018Adopted

Millions

Other Local Taxes(General Fund)

Sales Tax BPOL Vehicle Licenses Bank Franchise TaxMeal Cigarette Other Taxes Budget

71


Sales Tax (§58.1-603) Sales Tax is levied on the sale, distribution, use, or consumption of tangible personal property, the leasing or renting of tangible personal property, and the storage of personal property inside or outside Virginia that is for use in Virginia. The sales tax rate is 6.0%. This is comprised of a 4.3% tax for the State; a 0.70% tax for NVTA and 1.0% for the City. Sales tax revenue in the General Fund reflects the 1.0% sales tax the City receives. Of the NVTA share, the City is eligible to receive 30% back if the City meets the criteria set forth under HB 2313. This anticipated revenue is not part of the City’s operating budget, but rather a funding source in the Five-Year Capital Improvement Program (NVTA source). Tax receipts are used to project this tax, but revenue is sensitive to underlying price level changes as it will increase with the price of goods sold. Current year estimates are used in projecting next year’s revenues after applying overall price assumptions. Changes in the local retail market (such as the opening of new stores, the performance of existing stores) can affect this revenue stream.

There is no apparent trend in Sales Tax Revenue. A one-time spike in FY 2013 revenue was then followed by a 2-year decline in revenues. It is anticipated that revenues will remain around $8 million annually. The FY 2018 Adopted Budget reflects an increase of 11% over the FY 2012 revenue.

$7.21

$7.81

$7.58

$7.56

$8.06

$8.00

$7.97

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0

$8.0

$9.0


FY 2018Adopted

Millions

Sales Tax Revenue(General Fund)

Budget

72


Bank Franchise Tax (§58.1-1204) The City of Manassas imposes upon each bank located within the boundaries of the city a tax on net capital equaling 80% of the state rate of the franchise tax set forth in Section 58.1-1204 in the Code of Virginia. The State tax rate is currently $1 on each $100 of net capital. Returns are required to be submitted annually to the City no later than March 1st and payment is due June 1st.

Bank Franchise Tax represents another revenue stream that is difficult to project. The FY 2017 projected revenue is based on returns filed on year-to-date receipts. The FY 2018 Adopted Budget reflects an increase of 10% over the FY 2012 revenue.

$0.50

$0.48

$0.51 $0.59

$0.55 $0.64

$0.55

$0.0

$0.1

$0.2

$0.3

$0.4

$0.5

$0.6

$0.7


FY 2018Adopted

Millions

Bank Franchise Tax Revenue(General Fund)

Budget

73


Business, Professional, and Occupational License Tax (BPOL) (§58.1-3703) Business, Professional, and Occupational License Tax is collected from any person who engages in a business, trade, profession, occupation, or other activity in the City. It is also applied to individuals that maintain a place of business, either permanent or temporary, or conduct a business related activity. Rates vary depending on business classification and are generally imposed as a percentage of gross receipts.

Wholesale Merchants (based on gross purchase): $0.05 per $100 Contractors: $0.10 per $100 Retail Merchants: $0.12 per $100 Repair, Personal, and Business Service Operations: $0.22 per $100 Hotels & Motels: $0.22 per $100 Real Estate Services and Professional Services: $0.33 per $100 Financial Services: $0.35 per $100

The chart below reflects the history of revenue (and budget) for BPOL Tax Revenue followed by a table indicating tax revenue by class (Source - Commissioner of the Revenue). Tax revenue by class is based on returns which are due annually by March 1st. Actual receipts may vary depending on timing of payments.

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 Est.Retail Merchants 972,163 938,625 1,014,401 1,041,518 1,058,926 1,155,186 Pers. Services 841,596 886,777 915,080 904,948 935,640 1,037,640 Professional 726,651 676,031 687,031 678,367 726,688 909,768 Contractors 188,263 176,159 164,019 176,348 238,833 209,957 Wholesale Merchants 46,114 54,292 56,192 59,542 67,138 70,482 All Other 156,995 97,063 172,570 188,283 107,315 68,923

$ 2,931,782 $ 2,828,947 $ 3,009,293 $ 3,049,015 $ 3,134,540 $ 3,451,995% Change from Prior 5.0% (3.5%) 6.4% 1.3% 2.8% 10.1%

*Source – Commissioner of the Revenue

$2.93

$2.96

$3.11

$3.08

$3.29

$3.50

$3.14

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0


FY 2018Adopted

Millions

Business, Professional, Occupantional License (BPOL) Tax Revenue(General Fund)

Budget

74


Meal Tax (§58.1-2652) Restaurants and other sellers of prepared food and beverages are required to collect a 4% tax from the consumer at the time of the sale. These taxes are held in trust by the business until they are remitted to the City (by the 20th of the month following the month the taxes were collected.) Meal Tax is collected at a rate of 4% on the value of the meal.

Meals Tax increases at least 5% annually with the exception of FY 2015 when revenue only increased by 2.8%. The FY 2018 Adopted Budget reflects an increase of 34% over the FY 2012 revenue.

$2.89

$3.09

$3.32

$3.41

$3.73

$3.90

$3.88

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0

$4.5


FY 2018Adopted

Millions

Meal Tax Revenue(General Fund)

Budget

75


Cigarette Tax (§58.1-3840) A cigarette tax is levied at a rate of $0.65 per pack of cigarettes sold within the City limits. This tax is administered by the NOVA Cigarette Tax Board.

As shown in the chart above, this is a declining revenue stream for the City, due in part to a decrease in the number of active accounts as well as a decrease in overall cigarette purchases. The FY 2018 Adopted Budget reflects a 22% decrease compared to FY 2012 revenue. This decline is also reflected in the General Fund Five-Year Forecast.

$0.97

$0.92

$0.88

$0.84

$0.81

$0.77

$0.73

$0.0

$0.2

$0.4

$0.6

$0.8

$1.0

$1.2


FY 2018Adopted

Millions

Cigarette Tax Revenue(General Fund)

Budget

76


Vehicle License Tax (§46.2-752) Vehicle licenses are assessed along with personal property taxes and due October 5th of each year. The City’s vehicle license rates are $25 for vehicles and $10 for motorcycles.

Recordation Tax (§58.1-814) State and local recordation (grantee) taxes are levied when real estate property in the County is sold, conveyed, or refinanced. The tax is paid by the purchaser of the property.

$0.77

$0.73

$0.72 $0.92

$0.90

$0.86

$0.90

$0.0

$0.1

$0.2

$0.3

$0.4

$0.5

$0.6

$0.7

$0.8

$0.9

$1.0


FY 2018Adopted

Millions

Vehicle License Tax Revenue(General Fund)

Budget

$0.31 $0

.42

$0.40

$0.39 $0.51

$0.53

$0.50

$0.0

$0.1

$0.2

$0.3

$0.4

$0.5

$0.6


FY 2018Adopted

Millions

Recordation Tax Revenue(General Fund)

Budget

77


SALES & CONNECTIONS Sales & Connections revenue makes up 18% or $64.9 million of the City’s total Adopted Budget. This revenue can be found in the Sewer, Water, Electric, and Airport funds.

Sewer Fund Sales & Connections revenue makes up 83% ($14.2 million) of the Sewer Fund’s budget. There is no change to the sewer utility rates included in the FY 2018 Adopted Budget.

The chart above shows a history of revenue for Sales & Connections in the Sewer Fund. It also includes the rate change (percentage) for each fiscal year. Sales & Connections revenue includes the UOSA Cost Recovery related to the pass-thru cost of sewer treatment. In years where the actual revenue was less than budgeted, most of the difference can be attributed to lower UOSA Cost Recovery revenues. Since UOSA is a pass-thru cost, this is directly linked to lower than budgeted sewer treatment costs.

Sewer14,209,060

22%

Water9,148,580

14%

Electric41,185,770

63%

Airport333,610 1%

Sales & Connections Revenue(All Funds)

$11.88

$12.74

$12.71

$12.66

$13.36

$13.89

$14.21

$0.0

$2.0

$4.0

$6.0

$8.0

$10.0

$12.0

$14.0

$16.0

FY 20125.1%

FY 20130.0%

FY 20140.0%

FY 20150.0%

FY 20163.0%

FY 2017AD3.0%

FY 2018AD0.0%

Millions

Fiscal Year / Rate Change Excluding Pass‐Thru Costs

Sales & Connection Revenue(Sewer Fund)

Budget

78


Water Fund Sales & Connections revenue makes up 71% ($9.1 million) of the Water Fund’s budget. The FY 2018 Adopted Budget includes a 5.4% increase in Water Utility rates. The impact to the typical residential customer will be $1.10/month. The chart below shows a history of revenue for Sales & Connections in the Water Fund. . It also includes the rate change (percentage) for each fiscal year.

Electric Fund Sales & Connection revenue makes up 94% ($41.2 million) of the Electric Fund’s budget. There is no change in electric utility rates for FY 2018; however, an increase to power cost adjustment (PCA), a pass-thru cost, is included. This will result in an estimated increase of $5.00/month to the typical residential customer.

The chart above shows a history of revenue for Sales & Connections in the Electric Fund. It also includes the rate change (percentage) for each fiscal year. The gap between revenue and budget in FY 2013 is a result of lower revenues from Micron and Fuel revenues (a result of a pass-thru expense). The decrease and resulting gap between budget and actuals shown in FY 2015-FY 2016 is a result of losing Micron as an electric customer.

$10.18

$9.31

$8.31

$7.94

$8.82

$8.30

$9.15

$0.0

$2.0

$4.0

$6.0

$8.0

$10.0

$12.0

FY 20122.2%

FY 20130.0%

FY 20140.0%

FY 20152.0%

FY 20163.0%

FY 20175.2%

FY 20185.4%

Millions


Sales & Connection Revenue(Water Fund) Budget

$63.34

$59.16

$61.73

$46.45

$39.04

$38.58

$41.19

$0.0

$10.0

$20.0

$30.0

$40.0

$50.0

$60.0

$70.0

$80.0

FY 20125.0%

FY 20132.4%

FY 20140.0%

FY 20156.7%

FY 20164.0%

FY 20173.6%

FY 20180.0%

Millions


Sales & Connection Revenue(Electric Fund) Budget

79


Airport Fund Sales & Connection revenue makes up 11% ($333,610) of the Airport Fund’s budget. While not a large amount compared to the sales and connections revenue in the utility funds, this is the second largest revenue source for the Airport. Revenues remain stable.

The chart above shows a history of Sales & Connections charges in the Airport Fund. This revenue is fairly stable and reliable. In FY 2016, actual revenues were less than budgeted due to lower revenues for Fuel Flowage Fees.

$0.35

$0.37

$0.38

$0.38

$0.36

$0.38

$0.33

$0.0

$0.1

$0.1

$0.2

$0.2

$0.3

$0.3

$0.4

$0.4

$0.5

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017Adopted

FY 2018Adopted

Millions

Sales & Connection Revenue(Airport Fund)

Budget

80


REVENUE FROM THE STATE The Commonwealth of Virginia supports the City through Non-Categorical Aid, Shared Expenses, and Categorical Aid. The State provides 19 % of the adopted revenue. Non-Categorical Aid is revenue to the City without restriction as to use. This includes taxes on communications services, railroad equipment, car rentals, and deeds. Also included are HB 599 funds in accordance with House Bill 599 that was enacted in 1981 to provide aid to localities for law enforcement. This law was a companion to State legislation restricting annexation and thus impeding a city’s ability to increase its boundaries and tax base. The annual amount is determined based on a formula including the average crime rate, population density, and certain population characteristics. A share of the total revenue growth Statewide is provided to localities. Shared Expenses consist of recovered costs for a portion of the salaries and operating expenses of constitutional and other offices serving the Manassas community, including the City Treasurer, the Commissioner of Revenue, and the Voter Registrar. Categorical Aid is revenue given to the City for a specific purpose such as education, public assistance grants, social service programs, street maintenance, and many police/public safety grants. State reimbursements for the cost of operating the Social Services Department include cost of personnel services, fringe benefits, non-personal services, and rent for buildings. The reimbursement rate varies by program from 50-70% of the overall costs incurred. Street construction and maintenance revenue is received from the Virginia Department of Transportation to maintain the City’s arterial and collector roads and streets. The revenue is provided based on a statewide maintenance index of the unit costs used on roads and bridges. Changes in the index are used to calculate and implement annual per-land-mile rates. The revenue to the City fluctuates based on index changes and the number of road miles assessed. Funds offset qualifying operating costs recorded in the City’s budget. Although the School Funds receive the most State revenue in the City budget (78.6 %); the General Fund receives 18.4 % mostly for Personal Property Tax Relief (PPTRA), Highway Maintenance, and Communications Tax; the Social Services Fund receives 2.6 % primarily for eligibility service and Children’s Services Act (CSA). Together the other funds make up less than 1 % of State revenue. State revenue in these funds generally consists of grants. The chart below shows collection of state revenue for the City as a whole.

$0.0

$10.0

$20.0

$30.0

$40.0

$50.0

$60.0

$70.0


FY 2018Adopted

Millions

State Revenue

Schools General Fund Social Services Fire and Rescue Airport

81


REVENUE FROM FEDERAL GOVERNMENT As with Revenue from the State, the funds the City receives from the Federal Government may be Categorical Aid or Non-Categorical Aid. The Federal Government provides 3% of the total adopted budget. Majority of federal revenue in the City is for Education purposes (71.7 %). The Social Services Fund receives 20.8 % of the City’s federal revenue, the General Fund and Fire and Rescue Fund each comprise 7.0% (mostly in the form of grants), and the Airport receives less than 1% of the Federal Revenue. The chart below shows collection of federal revenue for the City as a whole. The large amounts of federal revenue for the Fire and Rescue fund in FY 2011-FY 2013 represent federal grants, in particular the SAFER grant.

$0.0

$2.0

$4.0

$6.0

$8.0

$10.0

$12.0


FY 2018Adopted

Millions

Federal Revenue

Schools General Fund Social Services Fire and Rescue Enterprise Funds

82


TRANSFERS There are several operating transfers between funds in the FY 2018 Adopted Budget. Transfers make up 20% of the Adopted Budget or $71.7 million. The largest single transfer is in the School Funds and represents the transfer from the General Fund in accordance with the joint budget resolution. The chart below shows transfer revenues by fund and purpose.

Transfer To Transfer From Purpose AmountGeneral Fund Cemetery Fund Cemetery Maintenance 30,000

Social Services Fund General Fund Local Match for Social Services 2,501,440

Debt Service Fund General Fund Debt service & future capacity 4,675,630 School Funds Debt service & future capacity 7,357,680 Fire and Rescue Fund Current debt service 520,000

12,553,310

Sewer Fund Electric Fund Supplement Engineering 76,000

Water Fund Electric Fund Supplement Engineering 74,000

Vehicle Maintenance Sewer Fund Vehicle Replacement 163,000 Water Fund Vehicle Replacement 75,000 Electric Fund Vehicle Replacement 118,000

356,000

School Funds General Fund Joint Resolution 55,617,210 General Fund Proffers 500,000

56,117,210

Total Transfers 71,707,960$

$0.0

$10.0

$20.0

$30.0

$40.0

$50.0

$60.0

$70.0

$80.0

FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 17Adopted

FY 18Adopted

Millions

Transfer Revenue

Schools Debt Service Fund Social Services Fund Other Funds

83

Source / TypeLOCAL SOURCESGeneral Property Taxes 68,455,479 69,425,970 69,425,970 73,952,000 4,526,030 Other Local Taxes 19,123,123 17,990,000 17,990,000 18,858,000 868,000 Permits, Fees, & Licenses 603,585 768,600 768,600 783,100 14,500 Fines & Forfeitures 751,006 692,000 692,000 717,000 25,000 Interest & Use of Property 402,482 299,980 524,980 354,980 55,000 Charges for Services 537,378 562,900 562,900 596,000 33,100 Other Local Revenue 3,550,125 2,799,080 3,160,189 3,986,150 1,187,070

Source Total: 93,423,178 92,538,530 93,124,639 99,247,230 6,708,700

STATE OF VIRGINIANoncategorical 8,104,957 7,900,430 7,900,430 8,015,430 115,000 Shared Expenses 291,090 273,000 273,000 273,000 - Categorical Aid 3,753,819 3,854,210 3,919,210 3,785,000 (69,210)

Source Total: 12,149,866 12,027,640 12,092,640 12,073,430 45,790

FEDERAL GOVERNMENTNoncategorical 9,717 10,000 10,000 10,000 - Federal Pass Through 12,210 100,000 23,792 - (100,000) Categorical 48,748 100,000 96,845 425,000 325,000

Source Total: 70,675 210,000 130,637 435,000 225,000

OTHER FINANCING SOURCESPayment in Lieu of Taxes 1,762,630 1,836,850 1,836,850 1,820,810 (16,040) Debt Issuance - - 13,532,784 - - Transfers from Other Funds 704,250 30,000 30,000 30,000 - Use of Unassigned Fund Bal. - 585,600 585,600 600,000 14,400 Use of Other Fund Balance* - - 1,738,436 925,000 925,000

Source Total: 2,466,880 2,452,450 17,723,670 3,375,810 923,360


*Use of Other Fund Balance includes all Restricted, Committed, and Assigned Fund Balances.

REVENUE OVERVIEWGeneral Fund - By Source

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

General Property

Tax 65%

Other Taxes 17%

State & Federal

11%

Other Sources

7%


General Property

Tax 64%

Other Taxes 16%

State & Federal

11%

Other Sources

9%


84

Source / TypeDEPARTMENT REVENUENon-Departmental 1,918,903 506,040 13,849,870 766,040 260,000 Shared Services 25,677 - 37,624 - - City Council 50,746 42,980 42,980 42,640 (340) City Clerk - - - - - City Manager 860,488 843,260 847,260 1,021,480 178,220 Voter Registration & Elections 59,875 46,000 46,000 46,000 - Treasurer 277,401 291,460 291,460 303,530 12,070 Commissioner of the Revenue 107,364 107,000 107,000 107,000 - Finance & Administration 1,060,725 1,034,500 1,034,500 1,182,940 148,440 Police 2,243,686 2,213,800 2,509,063 2,345,800 132,000 Engineering - - - 823,720 Public Works 4,345,369 4,571,330 4,664,918 4,501,880 (69,450) Community Development 896,167 1,063,200 1,143,425 1,049,000 (14,200) Economic Development - - 250,000 - -

Total: 11,846,401 10,719,570 24,824,100 12,190,030 646,740

TAXES AND STATE AIDGeneral Property Taxes 68,455,479 69,425,970 69,425,970 73,952,000 4,526,030 Other Local Taxes 19,123,123 20,740,000 20,740,000 18,858,000 (1,882,000) Payment in Lieu of Taxes 1,762,630 1,836,850 1,836,850 1,820,810 State Aid 6,922,966 3,920,630 3,920,630 6,785,630 2,865,000

Total: 96,264,198 95,923,450 95,923,450 101,416,440 5,509,030

OTHER FINANCING SOURCESUse of Unassigned Fund Bal. - 585,600 585,600 600,000 14,400 Use of Other Fund Balance* - - 1,738,436 925,000 925,000

Total: - 585,600 2,324,036 1,525,000 939,400


REVENUE OVERVIEWGeneral Fund - By Department

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

$0$20,000$40,000$60,000$80,000

$100,000$120,000$140,000

FY 2016 FY 2017 FY 2017 FY 2018

Thou

sand

s

Other Financing Source Taxes and State Aid Department Revenue

85

FundGeneral Fund 103,044,782 107,228,620 123,071,586 115,131,470 7,902,850 Social Services Fund 5,445,203 5,957,920 5,969,291 6,121,160 163,240 Fire and Rescue Fund 8,662,024 9,947,580 11,008,159 11,009,000 1,061,420 Owens Brooke Tax District Fund 6,200 40,200 40,200 40,200 - PEG Fund 277,482 165,000 165,000 165,000 - Speiden Carper House Fund 13,219 5,670 17,901 6,000 330 Manassas Landing Fund 211,930 - - - - Sewer Fund 13,349,745 14,933,100 18,078,342 17,024,610 2,091,510 Water Fund 7,681,107 9,696,590 10,896,401 12,925,280 3,228,690 Electric Fund 40,477,473 41,106,270 42,381,651 43,702,680 2,596,410 Stormwater Fund 1,198,713 1,162,370 1,170,902 1,213,060 50,690 Airport Fund 1,908,217 2,721,300 2,765,560 2,952,520 231,220 Solid Waste Fund 3,356,050 3,401,710 3,401,710 3,392,710 (9,000) Candy Factory Fund 194,832 - - - - City Square Pavilion Fund 232,041 - - - - Parking Garage Fund - - - - - Building Maintenance Fund 1,389,242 1,538,800 1,579,587 1,538,800 - Vehicle Maintenance Fund 3,540,115 4,228,300 4,419,339 3,468,490 (759,810) Information Technology Fund 3,747,774 3,533,830 5,203,475 3,304,230 (229,600) Cemetery Trust Fund - 30,000 30,000 30,000 - Debt Service Fund 9,345,183 10,563,030 10,563,030 12,553,310 1,990,280 School Operating Fund 92,153,155 97,212,126 97,541,490 97,889,176 677,050 School Food Service Fund 3,466,397 4,240,098 5,995,185 4,160,663 (79,435) School Capital Projects Fund 28,386,043 7,352,000 18,394,866 3,400,000 (3,952,000) School Grants/Projects Fund 2,975,666 3,527,292 3,527,292 3,638,626 111,334 School Debt Service Fund 7,509,759 7,373,400 7,373,400 7,489,607 116,207

ALL FUNDS TOTAL: 338,572,352 335,965,206 373,594,367 351,156,592 15,191,386

EXPENDITURE OVERVIEW

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

All Funds - by Fund

Increase (Decrease)

General Fund 32%

Social Services

2% Fire & Rescue

3% Debt

Service 3%

Utilities 19%

Other Funds 2%

Internal Svcs 3%

Schools 36%


General Fund 33%

Social Services

2% Fire & Rescue

3% Debt

Service 4%

Utilities 21%

Other Funds

2%

Internal Svcs 2%

Schools 33%


86

FUND TYPE / FundGENERAL FUNDGeneral Fund 103,044,782 107,228,620 123,071,586 115,131,470 7,902,850

Fund Type Total: 103,044,782 107,228,620 123,071,586 115,131,470 7,902,850

SPECIAL REVENUE FUNDSSocial Services Fund 5,445,203 5,957,920 5,969,291 6,121,160 163,240 Fire and Rescue Fund 8,662,024 9,947,580 11,008,159 11,009,000 1,061,420 Owens Brooke Tax District Fund 6,200 40,200 40,200 40,200 - PEG Fund 277,482 165,000 165,000 165,000 - Speiden Carper House Fund 13,219 5,670 17,901 6,000 330 Manassas Landing Fund 211,930 - - - -

Fund Type Total: 14,616,058 16,116,370 17,200,551 17,341,360 1,224,990

ENTERPRISE FUNDSSewer Fund 13,349,745 14,933,100 18,078,342 17,024,610 2,091,510 Water Fund 7,681,107 9,696,590 10,896,401 12,925,280 3,228,690 Electric Fund 40,477,473 41,106,270 42,381,651 43,702,680 2,596,410 Stormwater Fund 1,198,713 1,162,370 1,170,902 1,213,060 50,690 Airport Fund 1,908,217 2,721,300 2,765,560 2,952,520 231,220 Solid Waste Fund 3,356,050 3,401,710 3,401,710 3,392,710 (9,000) Candy Factory Fund 194,832 - - - - City Square Pavilion Fund 232,041 - - - -

Fund Type Total: 68,398,178 73,021,340 78,694,566 81,210,860 8,189,520

INTERNAL SERVICE FUNDSBuilding Maintenance Fund 1,389,242 1,538,800 1,579,587 1,538,800 - Vehicle Maintenance Fund 3,540,115 4,228,300 4,419,339 3,468,490 (759,810) Information Technology Fund 3,747,774 3,533,830 5,203,475 3,304,230 (229,600)

Fund Type Total: 8,677,131 9,300,930 11,202,401 8,311,520 (989,410)

PERMANENT FUNDCemetery Trust Fund - 30,000 30,000 30,000 -

Fund Type Total: - 30,000 30,000 30,000 -

DEBT SERVICE FUNDDebt Service Fund 9,345,183 10,563,030 10,563,030 12,553,310 1,990,280

Fund Type Total: 9,345,183 10,563,030 10,563,030 12,553,310 1,990,280

EXPENDITURE OVERVIEWAll Funds - by Fund Type

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

87

FUND TYPE / Fund

EXPENDITURE OVERVIEWAll Funds - by Fund Type

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

SCHOOL FUNDSSchool Operating Fund 92,153,155 97,212,126 97,541,490 97,889,176 677,050 School Food Service Fund 3,466,397 4,240,098 5,995,185 4,160,663 (79,435) School Capital Projects Fund 28,386,043 7,352,000 18,394,866 3,400,000 (3,952,000) School Grants/Projects Fund 2,975,666 3,527,292 3,527,292 3,638,626 111,334 School Debt Service Fund 7,509,759 7,373,400 7,373,400 7,489,607 116,207

Fund Type Total: 134,491,020 119,704,916 132,832,233 116,578,072 (3,126,844)

ALL TYPES TOTAL: 338,572,352 335,965,206 373,594,367 351,156,592 15,191,386

88

FunctionGeneral Government 16,089,688 18,705,920 20,455,189 18,052,610 (653,310) Public Safety & Judicial 28,965,643 31,210,540 33,091,098 33,132,460 1,921,920 Public Works 6,924,523 7,356,570 7,812,561 8,739,200 1,382,630 Health & Welfare 10,174,918 10,898,160 10,847,031 11,390,850 492,690 Comm. Enhancement & Dev. 6,738,750 6,889,500 7,682,219 6,931,390 41,890 Debt Service 22,289,538 16,842,000 26,320,195 18,876,900 2,034,900 Capital & Other Uses 6,031,683 5,436,630 7,842,645 12,843,400 7,406,770 Enterprise 60,648,230 64,726,370 68,564,596 68,994,500 4,268,130 Public Education 180,709,379 173,899,516 190,978,833 172,195,282 (1,704,234)

ALL FUNDS TOTAL: 338,572,352 335,965,206 373,594,367 351,156,592 15,191,386

The FY 2018 Adopted Budget is $351,156,592, which reflects an increase of 4.5% compared to the FY 2017Adopted Budget. The decrease shown in General Government (3.5%) is a direct result of the decrease in theVehicle Maintenance Fund due to lower vehicle costs and lower costs of fuel. The increased costs for PublicSafety & Judicial (6.2%) reflect $1 million for the replacement of Engine 501B and Medic 501B; funding for 1.50additional FTE for Public Safety Communication Specialists; employee compensation for public safety staffing;and increased costs of Shared Services (Sheriff, Commonwealth Attorney, Courts). The increase in PublicWorks (18.8%) reflects an additional $250,000 for resurfacing, as well as the establishment of a consolidatedEngineering department in FY 2018. The increase in Health & Welfare (4.5%) reflects an increase in the SocialServices Fund for employee compensation and the increased costs of Shared Services (Agency on Aging,Community Services Board). The increase in Capital & Other Uses (12.1%) includes $5.8 additional for capitalimprovements ($1 million in the General Fund and $4.8 million in the Utility Funds). The increase in Enterprise(6.6%) includes an additional $2 million in anticipated Tap Fees due to the development of the Gateway Corridor,an increase of $1 million in Contribution to Retained Earnings, and an increase of $1 million in internal servicecharges - mostly cost allocation related to the consolidation of the Engineering Department in Public Works. Thedecrease in Public Education is due to a decrease in the Schools Capital Improvements Fund.

EXPENDITURE OVERVIEWAll Funds ‐ by Function

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

General Gov.5%

Public Safety9%

Public Works3% Health &

Welfare3%Comm Enhan & Dev2%

Education49%

Enterprise20%

Debt, Capital, Other9%


General Gov.5%

Public Safety9%

Public Works3% Health &

Welfare3%Comm Enhan & Dev2%

Education49%

Enterprise20%



89

EXPENDITURE OVERVIEWAll Funds ‐ By Fund and Department

FUND / DepartmentFY 2017Adopted

FY 2018Adopted

FY 2017Amended

Increase(Decrease)

FY 2016Actual

GENERAL FUNDNon-Departmental 3,831,0607,010,348 6,866,510 20,667,636 10,697,570Shared Services 305,0109,854,108 10,252,880 10,186,404 10,557,890City Council )(6,480683,645 742,660 742,260 736,180City Clerk 22,030333,821 356,440 356,840 378,470City Manager )(80,2402,290,216 2,974,220 2,900,472 2,893,980Voter Registration & Elections )(54,440252,234 337,170 380,800 282,730Treasurer 60,000738,233 772,030 822,030 832,030Commissioner of the Revenue 16,0401,147,434 1,291,720 1,319,720 1,307,760Finance & Administration 176,1301,689,471 1,859,810 1,859,810 2,035,940Reimbursable Events -21 - - -Police 566,46014,395,766 15,034,350 15,829,805 15,600,810Engineering 1,640,100- - - 1,640,100Public Works )(257,4706,701,893 7,281,870 7,737,861 7,024,400Community Development 227,6904,269,160 4,348,410 4,556,392 4,576,100Economic Development 34,350870,052 915,950 1,516,956 950,300Schools Transfer (Operating) 1,422,61052,808,380 54,194,600 54,194,600 55,617,210

7,902,850FUND TOTAL: 103,044,782 107,228,620 123,071,586 115,131,470

SOCIAL SERVICES FUNDSocial Services 163,2405,445,203 5,957,920 5,969,291 6,121,160

163,240FUND TOTAL: 5,445,203 5,957,920 5,969,291 6,121,160

FIRE AND RESCUE FUNDFire and Rescue 1,061,4208,662,024 9,947,580 11,008,159 11,009,000

1,061,420FUND TOTAL: 8,662,024 9,947,580 11,008,159 11,009,000

OWENS BROOKE TAX DISTRICT FUNDPublic Works -6,200 40,200 40,200 40,200

-FUND TOTAL: 6,200 40,200 40,200 40,200

PEG FUNDFinance & Administration -277,482 165,000 165,000 165,000

-FUND TOTAL: 277,482 165,000 165,000 165,000

SPEIDEN CARPER HOUSE FUNDCommunity Development 33013,219 5,670 17,901 6,000

330FUND TOTAL: 13,219 5,670 17,901 6,000

MANASSAS LANDING FUNDPublic Works -211,930 - - -

-FUND TOTAL: 211,930 - - -

DEBT SERVICE FUNDNon-Departmental 1,990,2809,345,183 10,563,030 10,563,030 12,553,310

1,990,280FUND TOTAL: 9,345,183 10,563,030 10,563,030 12,553,310

90



FY 2018Adopted

FY 2017Amended

Increase(Decrease)

FY 2016Actual

SEWER FUNDUtilities 2,091,51013,349,745 14,933,100 18,078,342 17,024,610

2,091,510FUND TOTAL: 13,349,745 14,933,100 18,078,342 17,024,610

WATER FUNDUtilities 3,228,6907,681,107 9,696,590 10,896,401 12,925,280

3,228,690FUND TOTAL: 7,681,107 9,696,590 10,896,401 12,925,280

ELECTRIC FUNDUtilities 2,596,41040,477,473 41,106,270 42,381,651 43,702,680

2,596,410FUND TOTAL: 40,477,473 41,106,270 42,381,651 43,702,680

STORMWATER FUNDEngineering 1,213,060- - - 1,213,060Public Works )(1,162,3701,198,713 1,162,370 1,170,902 -

50,690FUND TOTAL: 1,198,713 1,162,370 1,170,902 1,213,060

AIRPORT FUNDAirport 231,2201,908,217 2,721,300 2,765,560 2,952,520

231,220FUND TOTAL: 1,908,217 2,721,300 2,765,560 2,952,520

SOLID WASTE FUNDPublic Works )(9,0003,356,050 3,401,710 3,401,710 3,392,710

)(9,000FUND TOTAL: 3,356,050 3,401,710 3,401,710 3,392,710

CANDY FACTORY FUNDCommunity Development -194,832 - - -

-FUND TOTAL: 194,832 - - -

CITY SQUARE PAVILION FUNDCommunity Development -232,041 - - -

-FUND TOTAL: 232,041 - - -

PARKING GARAGE FUNDPublic Works -- - - -

-FUND TOTAL: - - - -

BUILDING MAINTENANCE FUNDPublic Works -1,389,242 1,538,800 1,579,587 1,538,800

-FUND TOTAL: 1,389,242 1,538,800 1,579,587 1,538,800

VEHICLE MAINTENANCE FUNDPublic Works )(759,8103,540,115 4,228,300 4,419,339 3,468,490

)(759,810FUND TOTAL: 3,540,115 4,228,300 4,419,339 3,468,490

INFORMATION TECHNOLOGY FUNDFinance & Administration )(229,6003,747,774 3,533,830 5,203,475 3,304,230

)(229,600FUND TOTAL: 3,747,774 3,533,830 5,203,475 3,304,230

91



FY 2018Adopted

FY 2017Amended

Increase(Decrease)

FY 2016Actual

CEMETERY TRUST FUNDPublic Works -- 30,000 30,000 30,000

-FUND TOTAL: - 30,000 30,000 30,000

SCHOOL OPERATING FUNDManassas City Public Schools 677,05092,153,155 97,212,126 97,541,490 97,889,176

677,050FUND TOTAL: 92,153,155 97,212,126 97,541,490 97,889,176

SCHOOL GRANTS/PROJECTS FUNDManassas City Public Schools 111,3342,975,667 3,527,292 3,527,292 3,638,626

111,334FUND TOTAL: 2,975,667 3,527,292 3,527,292 3,638,626

SCHOOL DEBT SERVICE FUNDManassas City Public Schools 116,2077,509,759 7,373,400 7,373,400 7,489,607

116,207FUND TOTAL: 7,509,759 7,373,400 7,373,400 7,489,607

SCHOOL FOOD SERVICE FUNDManassas City Public Schools )(79,4353,466,397 4,240,098 5,995,185 4,160,663

)(79,435FUND TOTAL: 3,466,397 4,240,098 5,995,185 4,160,663

SCHOOL CAPITAL PROJECTSManassas City Public Schools )(3,952,00028,386,043 7,352,000 18,394,866 3,400,000

)(3,952,000FUND TOTAL: 28,386,043 7,352,000 18,394,866 3,400,000ALL FUNDS TOTAL: 15,191,386338,572,353 335,965,206 373,594,367 351,156,592

92

FunctionGeneral Government 7,135,079 9,239,990 9,087,788 9,576,090 336,100 Public Safety 20,303,621 21,262,960 22,082,939 22,123,460 860,500 Public Works 6,706,393 7,286,370 7,742,361 8,669,000 1,382,630 Health & Welfare 4,729,716 4,940,240 4,877,740 5,269,690 329,450 Comm. Enhancement & Dev. 6,725,532 6,883,830 7,664,318 6,925,390 41,560 Transfer to Debt Service 2,047,630 2,535,630 2,535,630 4,675,630 2,140,000 Capital & Other Uses 1,837,053 885,000 10,934,210 2,275,000 1,390,000 Public Education 53,559,758 54,194,600 58,146,600 55,617,210 1,422,610

ALL FUNDS TOTAL: 103,044,782 107,228,620 123,071,586 115,131,470 7,902,850

The FY 2018 Adopted Budget for the General Fund is $103,044,782 reflecting an increase of 7.4% from the FY2017 Adopted Budget. The increase in General Government reflects changes to employee compensation andinternal service charges. The increase in Public Safety & Judicial includes additional staffing (1.50 FTE for PublicSafety Communications Specialists and 0.75 FTE for the Gang Task Force) as well as an additional $300,000 inshared services costs and corrections costs with Prince William County. The increase in Public Works reflectsthe consolidation of engineering activities in the General Fund, as well as an additional $250,000 for resurfacingefforts. Additional Health & Welfare costs include an increase of $98,000 for the City contribution to the SocialServices Fund and $200,000 for shared services with Prince William County (Area Agency on Aging andCommunity Services Board). The relatively smaller increase in Community Enhancements & Developmentincludes contractual increases for the Hylton Performing Arts Center and Freedom Center. The increase in theTransfer to Debt Service includes the increase included in the City Manager's Proposed Budget as well asadditional funds raised thru changes to the real property tax rate and the personal property tax rates. Theadditional funds will be reserved for future debt capacity. The additional $1.3 million in Capital & Other Usesincludes $925,000 for capital projects (use of capital reserve committed fund balance) and $450,000 for VirginiaRailway Express (VRE) to supplement declining gas tax revenues. The increase in Public Education is per theJoint Resolution between the City Council and Manassas City Public Schools.

EXPENDITURE OVERVIEWGeneral Fund ‐ by Function

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

General Gov.9%

Public Safety20%

Public Works7%

Health & Welfare5%

Comm Enhan & Dev6%

Education52%



General Gov.9%

Public Safety20%

Public Works8%

Health & Welfare5%

Comm Enhan & Dev6%

Education50%



93

DepartmentCity Council 683,645 742,660 742,260 736,180 (6,480) City Clerk 333,821 356,440 356,840 378,470 22,030 City Manager 2,290,220 2,974,220 2,900,472 2,893,980 (80,240) Voter Registration & Elections 252,232 337,170 380,800 282,730 (54,440) Treasurer 738,234 772,030 822,030 832,030 60,000 Commissioner of the Revenue 1,147,431 1,291,720 1,319,720 1,307,760 16,040 Finance & Administration 1,689,495 1,859,810 1,859,810 2,035,940 176,130 Shared Services 9,854,108 10,252,880 10,186,404 10,557,890 305,010 Police 14,395,763 15,034,350 15,829,805 15,600,810 566,460 Engineering - - - 1,640,100 1,640,100 Public Works 6,701,893 7,281,870 7,737,861 7,024,400 (257,470) Community Development 4,269,160 4,348,410 4,556,392 4,576,100 227,690 Economic Development 870,052 915,950 1,516,956 950,300 34,350 Schools Transfer (Operating) 52,808,380 54,194,600 54,194,600 55,617,210 1,422,610 Non-Departmental 7,010,348 6,866,510 20,667,636 10,697,570 3,831,060

ALL FUNDS TOTAL: 103,044,782 107,228,620 123,071,586 115,131,470 7,902,850

The FY 2018 Adopted Budget for the General Fund is $115,131,470. This reflects an increase of $7.9 millionfrom the FY 2017 Adopted Budget. In terms of departments, most of this increase can be found in Non-Departmental and the Schools Transfer. Within the $3.8 million increase under Non-Departmental, there is anincrease of $2.1 million for debt service; $925,000 for capital improvement projects; and $450,000 for VirginiaRailway Express to supplement declining gas tax revenues. Other major increases include $300,000 for sharedservices which includes Corrections and other shared services with Prince William County. Increases in thePolice Department include additional staffing for dispatch services and the Gang Task Force as well as generalemployee compensation. Engineering functions shifted from Public Works to Engineering, a net increase of $1million. An additional $250,000 for resurfacing efforts was also added to Public Works. The Assistant Director,PW position was repurposed as a Planner and moved to Community Development.

EXPENDITURE OVERVIEWGeneral Fund ‐ by Department

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

Increase (Decrease)

Schools Transfer51%

Other6%

Admin & Shared Svcs14%

Elected3%

Police14%

Public Works7%

Comm. & Econ. Dev.

5%


Schools Transfer48%

Other9%

Admin & Shared Svcs14%

Elected3%

Police14%

Public Works7%

Comm. & Econ. Dev.

5%


94

GENERAL FUND

Property Taxes 73,952,000 76,531,880 79,211,700 81,995,390 84,887,040 Other Local Taxes 18,858,000 19,062,375 19,272,960 19,489,780 19,712,870 Permits, Fees, & Licenses 783,100 783,100 783,100 783,100 783,100 Fines & Forfeitures 717,000 717,000 717,000 717,000 717,000 Interest & Use of Property 354,980 354,980 354,980 354,980 354,980 Charges for Services 596,000 596,000 596,000 596,000 596,000 Miscellaneous 3,986,150 3,986,150 3,986,150 3,986,150 3,986,150 State/Federal 12,508,430 12,508,430 12,508,430 12,508,430 12,508,430 Other (Transfers/PILT) 1,850,810 1,850,810 1,850,810 1,850,810 1,850,810 Use of Reserves 1,525,000 600,000 600,000 600,000 600,000

TOTAL REVENUE: 115,131,470 116,990,725 119,881,130 122,881,640 125,996,380

Increase (Decrease) 7,902,850 1,859,255 2,890,405 3,000,510 3,114,740

City Expenditures 59,514,260 59,998,320 61,153,570 64,268,190 66,200,430 Transfer to the Schools 55,617,210 57,077,160 58,575,440 60,113,050 61,691,020

TOTAL EXPENDITURE: 115,131,470 117,075,480 119,729,010 124,381,240 127,891,450

Increase (Decrease) 7,902,850 1,944,010 2,653,530 4,652,230 3,510,210

SUMMARY:Revenue 115,131,470 116,990,725 119,881,130 122,881,640 125,996,380 Expenditure 115,131,470 117,075,480 119,729,010 124,381,240 127,891,450 Excess (Deficit) - (84,755) 152,120 (1,499,600) (1,895,070)

ESTIMATED UNASSIGNED FUND BALANCE:Beginning of the Year 17,255,500 17,255,500 17,170,745 17,322,865 15,823,265 (Use of) Contribution To - (84,755) 152,120 (1,499,600) (1,895,070) End of Year 17,255,500 17,170,745 17,322,865 15,823,265 13,928,195 As % of General Revenue 15% 15% 15% 13% 11%

Revenue Assumptions:

Expenditure Assumptions:

For the purposes of this forecast, the Property Tax catgory includes Real Property taxes with an annual increaseof 4% and personal property taxes with an annual increase of 2%. Other Local Taxes net to an approximate 1%annual increase. All other revenues are projected flat. The one-time use of capital reserves of $925,000 in FY2018 has been removed in the later years.

For the purposes of this forecast, the City expenditures are estimated with an annual 2% increase. One-timefunds in FY 2018 (capital reserves) have been removed. The Transfer to the Schools reflects a 2.625% annualincrease in accordance with the current Joint Resolution. This agreement only outlines funding thru FY 2019.

While the later years of the forecast show a decline in the Unassigned Fund Balance, it is anticipated thatexpenditure savings will be recognized annually and that this decline will not be as severe. Staff will monitor.

FINANCIAL OVERVIEWFive‐Year Forecast

FY 2018Adopted

FY 2019Projected

FY 2020Projected

FY 2021Projected

FY 2022Projected

95

$ Amount %

General Fund 23,663,634 113,606,470 115,131,470 22,138,634 (1,525,000) -6%

SPECIAL REVENUE FUNDS:Social Services - 6,121,160 6,121,160 - - 0%Speiden Carper 367,788 500 6,000 362,288 (5,500) -1%Owens Brooke Dist. 194,916 40,200 40,200 194,916 - 0% *

Fire and Rescue 2,115,733 - - 2,115,733 - 0% *

PEG 479,354 165,000 165,000 479,354 - 0% *

ENTERPRISE FUNDS:Sewer 19,163,680 16,764,410 17,024,610 18,903,480 (260,200) -1%Water 36,414,275 10,519,860 12,925,280 34,008,855 (2,405,420) -7%Electric 33,852,412 43,422,680 42,557,870 34,717,222 864,810 3%Stormwater Utility 1,138,442 1,213,060 1,210,620 1,140,882 2,440 0%Airport 40,528,435 2,952,520 2,580,360 40,900,595 372,160 1%Solid Waste 284,048 3,392,710 3,351,610 325,148 41,100 14%

INTERNAL SERVICE FUNDS:Building Maint. (5,758) 1,538,800 1,523,020 10,022 15,780 -274% *

Vehicle Maint. 2,288,679 3,468,490 3,436,260 2,320,909 32,230 1% *

Information Tech. 224,022 3,304,230 3,304,230 224,022 - 0% *

OTHER FUNDS:Debt Service 68,051 12,553,310 10,073,790 2,547,571 2,479,520 3644% *

Cemetery Trust 211,190 - 30,000 181,190 (30,000) -14% *

Schools (ALL) (1,764,146) 115,807,464 116,578,072 (2,534,754) (770,608) 44%

Notes:

FINANCIAL OVERVIEWEstimated Changes in Fund Balance / Net Position

Solid Waste Fund - Cost savings due to renegotiated contracts.

Building Maintenance Fund - Cost savings due to renegotiated contracts.

Debt Service Fund - Large set aside to build debt capacity for significant bond funded capital projects planned inthe next five years (public safety facility, museum/library, park, transportation improvements).

Cemetery Trust Fund - Use of reserves that were set aside to maintain the City's two cemeteries.

Schools Funds - Use of reserves for capital projects.

*These funds are accumulating fund balances to be used for future needs, replacements, and/or improvements.

Estimated Beginning

Fund Balance

Revenue & Other

Financing Sources

Expenditure & Other

Financing Uses

Estimated Ending Fund

Balance Change

96

Revenue:Local Sources 182,741,395 183,420,560 184,028,942 193,087,193 State 60,810,011 64,092,908 64,169,279 65,720,257 Federal Government 9,501,915 8,659,422 8,659,766 9,125,514 Subtotal 253,053,321 256,172,890 256,857,987 267,932,964

Other Financing Sources 71,252,434 75,869,920 90,902,704 77,046,900

TOTAL REVENUES 324,305,755 332,042,810 347,760,691 344,979,864

Expenditure:Personnel Services 31,253,181 34,480,910 34,743,064 35,422,780 Employee Benefits 11,866,346 12,083,040 12,462,606 13,677,010 Purchased Services 17,032,440 17,680,920 21,394,819 17,868,700 Internal Services 9,879,364 11,062,480 11,414,588 12,169,890 Other Services and Charges 17,013,127 18,278,070 18,426,794 18,799,810 Supplies 33,091,488 34,501,760 34,824,285 36,060,840 Capital 249,434 2,471,910 5,966,129 2,373,000 Debt Service, Depreciation, & Other 24,837,560 21,870,510 31,348,705 23,389,020 Manassas City Public Schools 189,299,707 173,899,516 190,978,833 172,195,282 Subtotal 334,522,647 326,329,116 361,559,823 331,956,332

Other Financing Uses 8,791,402 9,026,840 11,335,136 15,112,220

TOTAL EXPENDITURES 343,314,049 335,355,956 372,894,959 347,068,552

Excess (Deficit) (19,008,294) (3,313,146) (25,134,268) (2,088,688)

Est. Beginning Fund Balance/Net Position 206,680,463 187,672,169 184,359,023 159,224,755 Change in Fund Balance/Net Position (19,008,294) (3,313,146) (25,134,268) (2,088,688) Est. Ending Fund Balance/Net Position 187,672,169 184,359,023 159,224,755 157,136,067

This schedule varies from the Adopted Budget Resolution for the adopted budget columns due to the use of andcontribution to fund balance/net position. To balance the budget, the use of fund balance is considered a revenueand the contribution to fund balance is considered an expenditure. The net of the use of and contribution to fundbalance can be seen in the row titled "Change in Fund Balance/Net Position".

FINANCIAL OVERVIEWRevenues & Expenditures ‐ All Funds

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

97

Revenue:Local Sources 93,375,177 92,538,530 93,034,481 99,247,230 State 12,149,867 12,027,640 12,092,640 12,073,430 Federal Government 70,675 210,000 130,637 435,000 Subtotal 105,595,719 104,776,170 105,257,758 111,755,660


TOTAL REVENUES 108,110,599 106,643,020 120,657,392 113,606,470

Expenditure:Personnel Services 16,139,608 17,443,510 17,593,702 18,708,260 Employee Benefits 6,135,022 6,175,240 6,512,626 7,285,260 Purchased Services 2,892,040 3,389,560 4,342,574 3,391,010 Internal Services 4,878,887 5,605,260 5,929,121 5,575,630 Other Services and Charges 12,403,546 12,953,240 13,055,116 13,352,370 Supplies 930,841 1,229,550 1,212,388 1,466,660 Capital 5,194 101,650 101,800 - Debt Service, Depreciation, & Other (22,584) 2,535,630 12,053,825 4,648,630 Manassas City Public Schools 53,559,758 54,194,600 58,146,600 55,617,210 Subtotal 96,922,312 103,628,240 118,947,752 110,045,030

Other Financing Uses 6,122,470 3,600,380 4,033,676 5,086,440

TOTAL EXPENDITURES 103,044,782 107,228,620 122,981,428 115,131,470

Excess (Deficit) 5,065,817 (585,600) (2,324,036) (1,525,000)

Estimated Beginning Fund Balance 21,507,453 26,573,270 25,987,670 23,663,634 Change in Fund Balance 5,065,817 (585,600) (2,324,036) (1,525,000) Estimated Ending Fund Balance 26,573,270 25,987,670 23,663,634 22,138,634

FINANCIAL OVERVIEWRevenues & Expenditures - General Fund

FY 2016Actual

FY 2017Adopted

FY 2017Amended

FY 2018Adopted

In FY 2016 there was a signficant change in fund balance. Included in the change are an increase of $847,399 inNon-Spendable Fund Balance; an increase of $632,481 for carryover to FY 2017; the commitment of fundbalance in FY 2017 of $585,600; and $704,000 related to the closing of several funds. Other than these changeswithin the fund balance categories, excess revenues - particularly taxes - led to the larger than usual contribution.

The FY 2017 Amended Budget includes the use of Assigned, Committed, and Restricted Fund Balances. It doesnot include the use of Unassigned Fund Balance.

The FY 2018 Adopted Budget includes the use of $925,000 from Capital Reserves (a committed fund balance).

98

Revenue:Local Sources 35,946 36,000 36,000 36,000 State 1,273,104 1,695,470 1,706,841 1,684,500 Federal Government 1,898,366 1,823,010 1,823,010 1,899,220 Subtotal 3,207,416 3,554,480 3,565,851 3,619,720


TOTAL REVENUES 5,445,202 5,957,920 5,969,291 6,121,160

Expenditure:Personnel Services 2,255,851 2,338,310 2,338,310 2,476,010 Employee Benefits 858,502 848,350 848,350 917,640 Purchased Services 143,441 150,900 147,102 144,4

Documents

Budget Overview Division/2018...REVENUE OVERVIEW All Funds - by Fund Type FY 2016 Actual FY 2017 Adopted FY 2017 Amended FY 2018 Increase (Decrease) 58 Source / Type LOCAL SOURCES