RESOLUTION NO. 1145-15

A RESOLUTION OF THE MAYOR AND COMMONCOUNCIL OF THE CITY OF PAGE, COCONINOCOUNTY, ARIZONA, ADOPTING A PRELIMINARYBUDGET FOR THE FISCAL YEAR 2015-2016.

WHEREAS, in accordance with the provisions of Title 42 Chapter 17,Articles 1-5, Arizona Revised Statues (A.R.S.), the City Council is required toadopt a preliminary budget for the City of Page, on or before the third Monday ofJuly, 2015, establishing the different amounts required to meet the publicexpenses for the ensuing year, also an estimate of receipts from sources otherthan direct taxation, and the amount to be raised by taxation upon real andpersonal property within the City of Page; and

WHEREAS, in accordance with said chapter of said title, the City Councilhas made an estimate of the different amounts as required by said section of saidcode and further the City Council has determined that no amount is necessary tobe raised by taxation upon real and personal property within the City of Page; and

WHEREAS, certain projects and programs overlap budget years, and theFinance Director is directed to adjust budgets between years to reflect theoverlap as verified by the external City Auditors; and

WHEREAS, the enterprise funds use depreciation expense rather thanprinciple for budget purposes and the Finance Director is directed to makeadjustments to reflect budgets on a non-cash basis as verified by the externalCity Auditors.

NOW, THEREFORE, BE IT RESOLVED BY the Mayor and City Council of theCity of Page, Arizona, that the said estimates as shown on attached Schedules A-G, and by reference made a part hereof, are hereby adopted as the preliminarybudget of the City of Page for the fiscal year 2015-2016.

IMON COUNCIL OF THE

CITY

2015,

PASSED AND ADOPTED BY THE MAYOR AND COMMON COUNCIL O

' OF PAGE, COCONINO COUNTY, ARIZONA this2CT^dav of VUwJ?i, by the following vote: 0

AyesNaysAbstentions ^^Absent 62f

Resolution No. 1145-15

Page 2

ATTEST:

CITY CLERK

APPROVED AS TO FORM:

CITY OF PAGE

Mayor

City of PageSummary Schedule of Estimated Revenues and Expenditures/Expenses

Fiscal Year 2016

Fiscal

Year

S

c

h

FUNDS

General Fund

Special RevenueFund Debt Service Fund

Capital ProjectsFund Permanent Fund

Enterprise FundsAvailable

Internal Service

Funds Total All Funds

2015 Adopted/Adjusted Budgeted Expenditures/Expenses* E 10,596,388 2,918,315 2,390,750 2,922,150 158,700 14,074,128 33,060,431

2015 Actual Expenditures/Expenses** E 8.843.796 1.882,269 1,384,329 1,227,877 141,832 12,707,665 26,187,769

2016 Fund Balance/Net Position at July 1*** 6,804,760 2,522,275 1J072.670 275,664 279,368 20,146,924 31,101,661

2016 Primary Property Tax Levy B

i

0

2016 Secondary Property Tax Levy B 0

2016 Estimated Revenues Other than Property Taxes C 12,620,525 1,635,934 110,050 1,168,800 84,600 12,829,229 28,449,138

2016 Other Financing Sources 0 0 0

i

' 0 0 0 0 0

2016 Other Financing (Uses) D 0 0 I o 0 0 0 0

2016 Interfund Transfers In D 25,000 415,387 2.699,213 1,776.397 0 0 4.915.997

2016 Interfund Transfers (Out) D 3,553,454 1,005,887I! 0 0 15,000 341,656 4.915,997

2016

LESS:

2016

Reduction for Amounts Not Available:

Amounts for Future Debt Retirement: 0

0

II 0

Ii 0

Total Financial Resources Available 15,896,831 3,567,709

I

3.881,933 3,220,861 348,968 32,634,497 59,550,799

2016 Budgeted Expenditures/Expenses E 10,425,469 1,289,072I

1,391,250 2,793,901 49,000 14,839,453 0 30,788,145

EXPENDITURE LIMITATION COMPARISON

1. Budgeted expenditures/expenses2. Add/subtract: estimated net reconciling items3. Budgeted expenditures/expenses adjusted for reconciling items4. Less: estimated exclusions

5. Amount subject to the expenditure limitation

6. EEC expenditure limitation

2015 2016

$ 33,060,431 $ 30,788,145

33,060,431 30,788.145

8,367,823 6,946,779

$ 24,692,608 $ 23,841,366

$ 30,709,606 $ 32,089.071

| X |The city/town does not levy property taxes and does not have special assessment districts forwhich propertytaxes are levied. Therefore,Schedule B has been omitted.

* Includes Expenditure/Expense Adjustments Approved in the current year from Schedule E. '** Includes actual amounts as of the date the proposed budget was prepared, adjusted for estimated activity for the remainder of the fiscal year.

*** Amounts on this linerepresent Fund Balance/Net Position amountsexcept foramountsnot inspendable form (e.g., prepaids andinventories) orlegally orcontractually required to be maintained intact(e.g., principal of apermanent fund).

4/15 SCHEOULEA

3

City of PageTax Levy and Tax Rate Information

Fiscal Year 2016

2015 20161. Maximum allowable primary propertytax levy.

A.R.S. §42-17051(A) $ $

Amount received from primary property taxation inthe current year in excess of the sum of that year'smaximum allowable primary property tax levy.A.R.S. §42-17102(A)(18) $

3. Property tax levy amountsA. Primary property taxes $ $B. Secondary property taxesC. Total property tax levy amounts $ $

4. Property taxes collected*A. Primary property taxes

(1) Current year's levy $(2) Prior years' levies(3) Total primary property taxes $

B. Secondary property taxes(1) Current year's levy $(2) Prior years' levies(3)_Xotal-secondary-property taxes-

C. Total propertytaxes collected $

Property tax ratesA. City/Town tax rate

(1) Primary property tax rate(2) Secondary property tax rate —(3) Total city/town tax rate •—

B. Special assessment district tax rates ======= ======—-========

Secondary property tax rates -As of the date the proposed budget was prepared, thecity/town was operating special assessment districts for which secondaryproperty taxes are levied. Forinformation pertaining to these special assessment districtsand their tax rates, please contact the city/town.

Includes actual property taxes collected as of the date the proposed budget was prepared, plusestimated property tax collections for the remainder of the fiscal year.

4/15 SCHEDULE B

City of PageRevenues Other Than Property Taxes

Fiscal Year 2016

SOURCE OF REVENUES

ESTIMATED

REVENUES

2015

ACTUAL

REVENUES*

2015

GENERAL FUND

Local taxes

City Sales Tax

Licenses and permitsFranchise Fees

License & Permits

IntergovernmentalState Sales Tax

Vehicle License Tax

State Shared Revenue

Miscellaneous County Revenue

Charges for servicesCityServicesProperty LeasesRescue Services

Fines and forfeits

Court Fines

Library Services

Interest on investments

Interest

Miscellaneous

Miscellaneous Revenue

Land Sales

Total General Fund $

6,800,000 $ 8,751.451 $

257,000 242,27893,750 137,687

654,827 672,543310,390 308,053877,243 877,293329,051 323,051

240.467 183,95056,000 49.420

677,000 743,616

323,000 287,97624,00(T 27,372

5,000 5,792

25,000 19.500250,000 357,700

10.922.728 $. 12.987.681 $.

ESTIMATED

REVENUES

2016

8,000,000

272,000

156,250

692,328324,489872,538521,500

261,42058.500

677.000

323,000257000

5,000

25.000406.500

12.620.525

Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget wasprepared, plus estimated revenues for the remainder of the fiscalyear.

4/15 SCHEDULE C

City of PageRevenues Other Than Property Taxes

Fiscal Year 2016

SOURCE OF REVENUES

f^lK

SPECIAL REVENUE FUNDS

ESTIMATED ACTUAL ESTIMATEDREVENUES REVENUES* REVENUES

2015 2015 2016

Highway UserSubstance Abuse

Miscellaneous Grants

Miscellaneous Donations

JCEF Fund

Balloon RegattaCommunity DevelopmentAirportAirport Events

756.957 $7,000

373,00022,150

7,035

29,600

498,8507,000

746,753 $5,811

95,197

18,868

2,038515.929

777,1997,000

292,50025,300

7,035

526,900

Total Special Revenue Funds $ 1.701,592 $ 1,384,596 1,635,934

Includes actual revenues recognized onthemodified accrual oraccrual basis as ofthedatetheproposed budget wasprepared, plus estimated revenues for the remainderof the fiscalyear.

4/15 SCHEDULE C

0$$t\

City of PageRevenues Other Than Property Taxes

Fiscal Year 2016

SOURCE OF REVENUES

DEBT SERVICE FUNDS

Debt Service

Total Debt Service Funds $

CAPITAL PROJECTS FUNDS

Airport Improvements

Total Capital Projects Funds $

ESTIMATED

REVENUES

2015

100,050 $

100,050 $

2,922,150 $

2,922,150 $

ACTUAL

REVENUES*

2015

109.544 $

109,544 $

1,056,399 $

1,056,399 $

ESTIMATED

REVENUES

2016

110,050

110,050

1.168,800

1,168,800

Includes actual revenues recognized on the modified accrual or accrual basis asof the date the proposed budget wasprepared, plusestimated revenuesforthe remainder ofthe fiscal year.

4/15 SCHEDULE C

City of PageRevenues Other Than Property Taxes

Fiscal Year 2016

SOURCE OF REVENUES

ESTIMATED

REVENUES

2015

ACTUAL

REVENUES*

2015

ESTIMATED

REVENUES

2016

PERMANENT FUNDS

Fire Pension

Cemetery60,600 $

30,00039,064 $28,974

54,60030,000

Total Permanent Funds $ 90.600 68,038 84,600

ENTERPRISE FUNDS

Electric 8,821,365 $ 8,587,597 $ 8,827,365

4/15

Water

Sewer1,943,400

Refuse1,549,000

720,438

1,977,8801,293,344

725,271

1,943,4001.343,500

714,964

Total Enterprise Funds $ 13,034,203 $ 12,584,092 $ 12,829,229

Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was.preparect-plus-estimated-revenue&for-the-remainder otthe^fiscal year,

TOTAL ALL FUNDS $ 28.771.323 28.190.350 28.449.138

Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget wasprepared, plus estimated revenues for the remainder ofthefiscal year.

SCHEDULE C

City of PageOther Financing Sources/<Uses> and Interfund Transfers

Fiscal Year 2016

FUND

GENERAL FUND

General Fund:$573,397 - to Capital$400.000- to Community Development$2.162.557 - toDebt Service$12.500 - to Miscellaneous Grants$25,000 - from Miscellaneous Grants

Land Fund: "$405,000 - to Capital

Total General Fund $

SPECIAL REVENUE FUNDSMiscellaneous Grants Fund:

$25.000 - to General

$12,500 - fromGeneral

Highway User Fund:$619,000 - to Capital

Community Development Fund$100,000 - to Capital$400,000 -from General$2,887 - fromAirport Events

Airport Fund:$64,000 - to Capital$195,000 - to Debt Service

Airport Events Fund:$2,887 - to Community Development

$

Total Special Revenue Funds $

DEBT SERVICE FUNDS

DebtService Fund:$195.000 - from Airport$2,162.557 - from General$144,000 - from Refuse

$197,656-from Sewer

Total Debt Service Funds $

CAPITAL PROJECTS FUNDSCapital Projects Fund:

$64,000 - from Airport$573.397from GeneraF$619.000 - from Highway User$405,000 - from Land$15,000 - from Perpetual Care$100.000 - from Community Development

Total Capital Projects Funds $

PERMANENT FUNDSPerpetual Care Fund:

$15.000 - to Capital$

Total Permanent Funds $

ENTERPRISE FUNDSRefuse:

$144.000 - to Debt Service

Sewer:$197.656 - to Debt Service

4/15

Total Enterprise Funds $

GRAND TOTAL SCHEDULE D $

OTHER FINANCING2016

SOURCES

$'

$

zzz $~

===== $=

SCHEDULE D

<USES>

INTERFUND TRANSFERS2016

IN <OUT>

25,000 $ 3.148.454

405.00025,000 $ 3,553.454

12.500 $ 25,000

$ 619.000

402,887 $ 100.000

$ 259,000

$ 2.887

$ 415.387 $ 1.005.887

$ 2,699.213$'

2,699,213 $

1,776,397 $

$ 1,776,397 $

$.

$!

$

$.

$.

$'

15,000

15,000

144.000

197,656

$ 341,656

4,915,997 $ 4,915,997

/*^^N

City of PageExpenditures/Expenses by Fund

Fiscal Year 2016

FUND/DEPARTMENT

$

$

$

m)

$

ADOPTED

BUDGETED

EXPENDITURES/

EXPENSES

2015

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

EXPENDITURE/

EXPENSE

ADJUSTMENTS

APPROVED

2015

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

ACTUAL

EXPENDITURES/

EXPENSES*

2015

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

BUDGETED

EXPENDITURES/EXPENSES

2016

GENERAL FUND

General GovernmentCity Council

3,493.55783.503

2,853,0241,848,7921,278,067

946,626100,000

(137,729) 2,722,80990,251

2,495,2691,826,656

687,628932.947

88.236

3.459.03877.303

Police DepartmentFire DepartmentCity ServicesPublic Works

Golf Course

61,76035,19015,82917,769

2,874.0191,778.541

834.5161,361.452

40.600

Total General Fund

SPECIAL REVENUE FUNDS

Highway User RevenueSubstance Abuse

10,603,569

1,527,61212,000

341,150569,600430,772

30,0002,911,134

2,390,750

(7,181)

7,181

8,843,796

1,030,0818,560

352,573362,690121,115

7,2501,882,269

1,384,329

10,425.469

204.400

25.000Airport/Airport Events 198.612Community Development (Tourisi 469.395Grants/Donations 361.665JCEF 30.000

Total Special Revenue Funds 7,181 1,289.072UC.O r ocrcvivsC rUNUS

Debt Service $

$

$

$

$

$

$

$

$

$

$

1,391,250

Total Debt Service Funds

CAPITAL PROJECTS FUNDS

Capital Projects/Equipment

2,390,750

2,922,150

"

1,384,329

1,227,877

1,391,250

2,793,901

Total Capital Projects Funds

PERMANENT FUNDS

Fire Pension

Cemetery

2,922,150

62,70096,000

1,227,877

58,74783,085

2,793,901

22.70026,300

Total Permanent Funds

ENTERPRISE FUNDS

Electric/Water/Sewer/Refuse

158,700

14,074.128

141,832

12,707,665

49,000

14,839.453

Total Enterprise Funds

INTERNAL SERVICE FUNDS

14,074,128 12,707,665 14,839,453

Total Internal Service Funds

TOTAL ALL FUNDS 33,060,431 26,187,769 30,788,145

Includes actual expenditures/expenses recognized on the modified accrual or accrual basis asof the date the proposed budgetwas prepared, plus estimated expenditures/expenses for theremainder ofthe fiscal year.

4/15 SCHEDULE E

DEPARTMENT/FUND

GENERAL FUND

City AdministrationCity CouncilCity ClerkCity AttorneyCommunity Services Admin.Community Services-Comm CtrCommunity Services-LibraryCommunity Services-RecreationGeneral ServicesPolice Dept. AdministrationPolice Dept.-PatrolPolice Dept.-lnvestigationsPolice Dept.-CommunicationsPolice Dept.-Comm. ResourceFire DepartmentHuman Resource/Risk MgtFinance

MagistrateInformation TechnologyCommunity Dev-Planning &ZoningCommunity Dev-Bldg & Code CompEngineeringPublic-WorksAdministrationPublic Works-Central GaragePublic Works-Building Maint.Public Works-Park MaintenanceGotf Course Maintenance

City of PageExpenditures/Expenses by Department

Fiscal Year 2016

ADOPTED

BUDGETED

EXPENDITURES/EXPENSES

2015

438,352 $83.503

EXPENDITURE/EXPENSE

ADJUSTMENTSAPPROVED

2015

(168.245) $

ACTUAL

EXPENDITURES/EXPENSES*

2015

294,402 $

127.964175.940

803

789

90,251141.032194.927

86,406536,313181,128

1.743,486 1,830

2,29612,024

1,509

81,421457,781148,426780,178

1,950,684335,166454,040113,134

1,848.792325,408330,779394,448351,628

2,60077,17241,000

44,5361,683

12,4573,084

35,1901,854

10,4955,4587,148

2,141

1,906,821395,993119,614

72,8421,826,656

252,534335,205329,897312,173

2,57579,88440,007

306,670322,346276.610100,000

3,7366,8877,146

259,746349,255283,939

88,236

Department Total $ 10.603.569 $

HIGHWAY USER REVENUE FUNDHighway User Revenue $ 1,527,612 $

Department Total $ 1.527.612 $'

(7.181) $.

7,181 $

7.181 $

8.843.796 $

1,030,081 $

1.030.081 $;

SUBSTANCE ABUSE FUNDSubstance Abuse $

Department Total $'

DEBT SERVICE FUNDDebt Service $

Department Total $

MISCELLANEOUS GRANTSMiscellaneous Grants $

Department Total $

LIBRARY GRANTS FUNDLibrary Grants $

Department Total $

12,000 $

12.000 $

2,390,750 $

2.390.750 S

371,865 $

371.865 £

5,607 $

5.607 $

5.

$"

8,560 $

8.560 $

1.384.329 $

1.384.329 $

87,734 $

87.734 $

13,356 $

13.356 $

BUDGETED

EXPENDITURES/EXPENSES

2016

223,18077,303

154.437177.329

87.37189.209

450,156207,778

1,011.900240,356

1,873,730307,267452.666

1.778.542575.458363,195384.711304,761112,411151,656

507:197310,050255,078289,128

40,600

10.425.469

204,400

204.400

25,000

25.000

1,391.250

1.391.250

308,865

308.865

. Includes actual expenditures/expenses recognized on the modified accrual or accrual basis as of the date the proposedbudget was prepared, plus estimated expenditures/expenses for the remainder of the fiscal year.

4/15 SCHEDULE F

JCEF FUND

City of PageExpenditures/Expenses by Department

Fiscal Year 2016

ADOPTED EXPENDITURE/BUDGETED EXPENSE ACTUAL BUDGETED

EXPENDITURES/ ADJUSTMENTS EXPENDITURES/ EXPENDITURES/EXPENSES APPROVED EXPENSES* EXPENSES

DEPARTMENT/FUND 2015 2015 2015 2016

JCEF Expenses $ 30,000 $ $ Lm_ $ 30t000Department Total $ 30.000 $ $ 725Q $

30.000

DONATION FUND

Donation Account Expenses $ 53,300 $ $ 2Q,025 $ 52 800

Department Total $ 53.300 $ $ 20.025 $

CAPITAL PROJECTS FUND

Federal Grants $ 2.922.150 $ (64.459) $ 1.163.418 $

52.800

1,198,800Capital Projects/Equipment 64^459 ' 64459" 1'595101Department Total $ 2.922.150 $ $ 1.227!s7T $ 2!793.9Q1

58,793 $

BALLOON REGATTA FUNDBalloon Regatta Expenses $ 29,600 $ $

Department Total $ 29.600 $ $ 58.793 $

COMMUNITY DEVELOPMENT FUNDFormerly Tourism Promotion $ 540,000 $ $ 303 897 $

___ DepartmentTotal ^ 540.000$ $ 303.897—£~

AIRPORT FUND

AirP°rt 334,150 $ $ 352,573 $ 198,612Department Total $ 334.150 $ $ 352.573 $

AIRPORT EVENTSAirport Events $ 7,000 $ $

Department Total $ 7.000 $ $

469,395

469:395

198.612

CEMETERY FUND

CemeterV $ 96,000 $ $ 83,085 $ 26.300Department Total $ 96.000 $ $ 83.085 $ 26.300

FIRE PENSION FUND

Volunteer Fire Pension $ 62.700 $ $ 58747 $ 22,700

Department Total $ 62.700 $ $ 58747 $22.700

PAGE ELECTRIC UTILITY FUNDElectric 10,032,000 $ $ 8,963.922 $ 10.908.859

Department Total $ 10.032.000 $ $ 8.963.922 $ 10.908.859

PAGE WATER UTILITY FUND

Water $ 1,963,706 $ 1,760,300 $ 1,807,862

Department Total $ 1.963.706 $ $ 1.760.300 $1.807.862

* Includes actual expenditures/expenses recognized on the modified accrual or accrual basis asof the date theproposed budget was prepared, plus estimated expenditures/expenses for the remainder of the fiscal year.

4/15 SCHEDULE F

City of PageExpenditures/Expenses by Department

Fiscal Year 2016

ADOPTED EXPENDITURBBUDGETED EXPENSE ACTUAL BUDGETED

EXPENDITURES/ ADJUSTMENTS EXPENDITURES/ EXPENDITURES/EXPENSES APPROVED EXPENSES* EXPENSES

DEPARTMENT/FUND 2015 2015 2015 2016

PAGE SEWER UTILITY FUND

Sewer . $ 1.435,896 $ $ 1,348.420 $ 1.480.206

Department Total $ 1.435.896 $ $ 1.348.420 $ 1.480.206

PAGE REFUSE UTILITY FUND

Refuse $ 642,526 $ $ 635,023 $ 642,526

Department Total $ 642.526 $ $ 63"o\023~ $ 642.526

Includes actual expenditures/expenses recognized on the modified accrual or accrual basis as of the date theproposed budget was prepared, plus estimated expenditures/expenses for the remainder of the fiscal year.

4/15 SCHEDULE F

FUND

GENERAL FUND

SPECIAL REVENUE FUNDSCommunity DevelopmentAirport

Total Special Revenue Funds

DEBT SERVICE FUNDS

Total Debt Service Funds

CAPITAL PROJECTS FUNDS

Total Capital Projects Funds

PERMANENT FUNDS

Total Permanent Funds

ENTERPRISE FUNDSElectric

Water

Sewer

Total Enterprise Funds

INTERNAL SERVICE FUND

4/15

Total Internal Service Fund

TOTAL ALL FUNDS

City of PageFull-Time Employees and Personnel Compensation

Fiscal Year 2016

Full-Time

Equivalent (FTE)2016

91 $

2_ $1

3 $

19 $

10

38 $

132 $

Employee Salariesand Hourly Costs

2016

5,047,556 $

147,500 $43,246

190,746 $

1,313,000 $

371.016

414,7312,098,747 $

7,337,049 $

Retirement Costs2016

826,261 $

16,918 $4,725

21,643 $

150,000 $42,555

47,570240,125 $

1,088,029 $

SCHEDULE G

Healthcare Costs2016

990,030 $

33,160 $6,110

39,270 $

189,000 $

92,000

92,000

373.000 $

1.402,300 $

Other BenefitCosts

2016

548,761 $

11,867 $

4,931

16,798 $

153,000 $

44.891

42,005

239,896 $

805,455 $

Total Estimated

Personnel

Compensation2016

7,412,608

209,445

59,012

268,457

1,805,000

550,462

596,3062,951,768

10,632,833