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2004, 11-30 Regular Meeting MinutesAttendance: Councilmembers: Diana Wilhite, Mayor Dick Denenny, Councilmember Mike DeVleming, Councilmember Mike Flanigan, Councilmember Absent: Rich Munson, Deputy Mayor (excused) Gary Schimmels, Councilmember (excused) Steve Taylor, Councilmember (excused) MINUTES City of Spokane Valley City Council Regular Meeting Tuesday, November 30, 2004 Mayor Wilhite called the meeting to order at 6:00 p.m., and welcomed everyone to the 56 meeting. Staff: Nina Regor, Deputy City Manager Cary Driskell, Deputy City Attorney Ken Thompson, Finance Director Mike Jackson, Parks & Recreation Director Marina Sukup, Community Development Director Neil Kersten, Public Works Director Tom Scholtens, Building Official Scott Kuhta, Long Range Planner John Hohman, Senior Engineer Bing (Greg) Bingaman, IT Specialist Sue Pearson, Deputy City Clerk Chris Bainbridge, City Clerk PLEDGE OF ALLEGIANCE Mayor Wilhite led the Pledge of Allegiance. INVOCATION: Mayor Wilhite gave the invocation. ROLL CALL It was moved by Councilmember DeVleming, seconded by Councilmember Denenny and unanimously approved to excuse Deputy Mayor Munson and Councilmembers Schimmels and Taylor from tonight's meeting. City Clerk Bainbridge called roll; Mayor Wilhite and Councilmembers Denenny, DeVleming, and Flanigan in attendance. Deputy Mayor Munson, and Councilmembers Taylor and Schimmels excused. APPROVAL OF AGENDA It was moved by Councilmember Flanigan, seconded by Councilmember Denenny and unanimously agreed upon to approve the agenda as submitted. INTRODUCTION OF SPECIAL GUESTS AND PRESENTATIONS Mayor Wilhite acknowledged and welcomed members of Boy Scout Troop 431. COMMITTEE, BOARD, LIAISON SUMMARY REPORTS Councilmember Flanigan: Reported that the Hotel/Motel Tax Advisory Committee met yesterday and reached consensus on bringing forth a recommendation for grant allocation, and that a report will be given to Council at the December 7 meeting. Councilmember DeVleming: Thanked all the SCOPE volunteers who worked to assemble the community Christmas tree, and that he looks forward to the lighting of the tree this Thursday. MAYOR'S REPORT: Mayor Wilhite thanked former Mayor DeVleming for assistance in preparing for tonight's meeting. Council Meeting: 11 -30 -04 Page 1 of 6 Approved by Council: 12 -14 -04 VOUCHER LIST DATE VOUCHER Number(s) TOTAL VOUCHER AMOUNT 11 -05 -04 5809 -5845 1,029,159.30 11 -12 -04 5846 -5874 436,301.21 GRAND TOTAL 1,465,460.51 PUBLIC COMMENTS: Mayor Wilhite invited public comment for items not on tonight's agenda. James Pollard, 17216 East Baldwin: spoke concerning the North Greenacres moratorium request which was denied by the Planning Commission; said that there were certain issues the Commission was not aware of and a decision was made in haste (he gave a letter to the Clerk for Council distribution); said this mechanism is needed to slow down the development and give the City an opportunity to put development standards in place; he also expressed concern about the five -month lag time from the time the petition was presented to the time it was brought before the Council; and he expressed other concerns as noted in his letter handed to the clerk for distribution. Maria Duthie, 117 N Flora Road: said that when Council expects a large crowd at these meetings, that a larger facility should be secured to accommodate everyone. Nancy Mishinuri, 15103 E Valley Way; said she is dealing with a nuisance situation in her neighborhood and she would like to propose adoption of an additional part into our code; (she gave copies of the City of Spokane Code to the clerk for distribution); she stated that she has been working with our code enforcement officer who is working very hard on this case; that the person creating the nuisance apparently moved his business off Sprague Avenue where he was asked to remove the nuisance; and that it is now in her neighborhood; that this person is conducting an ongoing yard sale; and that she intends to speak to the Deputy City Attorney regarding this issue also. 1. CONSENT AGENDA Consists of items considered routine which are approved as a group. A Councilmember may remove an item from the Consent Agenda to be considered separately. a. Approval of Regular Council Meeting Minutes of November 9, 2004 b. Approval of Study Session Minutes of November 16, 2004 c. Approval of Payroll of November 15, 2004 of $107,236.00 d. Approval of the Following Vouchers: It was moved by Mayor Wilhite and seconded by Councilmember Flanigan to waive the reading and approve the consent agenda. Vote by Acclamation: In Favor: Unanimous. Opposed: None. Abstentions: None. Motion carried. 2. Motion Consideration: Proposed Contract for Library Services — Nina Regor Mayor Wilhite voiced appreciation to the citizens attending tonight's meeting, and to those who called and e- mailed Councilmembers regarding this issue; and apologized for not responding to all e -mails as our system was down for several days. Mayor Wilhite explained that it was never this City Council's desire to close the Spokane Valley library branch, but that it is her understanding that the Spokane County Library District voted to close the Valley library if the City Council did not accept the contract based on the .500 per $1,000 assessed value; that she was personally told that the Spokane Library felt that the cost of funding the library was a fairness issue based on the .500 per $1,000 taxation rate which was used in the rest of the County; however, she said that the notice was not articulated to the Council but that the Library Board let their position be known through the media. Mayor Wilhite said that the City Council has not received anything to date in writing from the Spokane County Library District Board regarding their vote; and that the situation could have been remedied earlier if the SCLD Board had conveyed their demands directly to the Council; and that no one likes to hear from other sources that an ultimatum has Council Meeting: 11 -30 -04 Page 2 of 6 Approved by Council: 12 -14 -04 been issued. Mayor Wilhite stressed that she is hopeful that this manner of negotiation will not become the norm and that they wish to establish a healthy partnership with the SCLD Board and their staff for the benefit of all the citizens to have access to all libraries. It was moved by Councilmember DeVleming and seconded by Councilmember Flanigan that we sign the library services contract with Spokane County Library District that is based on the proposed assessed property value and instruct staff to prepare the discussion in the latter part of 2005 for annexation options. Deputy City Manager Regor explained via her PowerPoint presentation, the library services managed competition for 2005 and beyond including the scope of work, ad hoc library committee recommendations, subsequent actions, usage model, summary of proposed agreement, and staff - proposed technical amendments. Mayor Wilhite invited public comment. The following people spoke in support of the library contract as proposed by SCLD, and in support of keeping the library open: 1. Judy Belous, 8803 E 44 Ave. 99206; 2. John Snediker, 18316 E Broadway; 3. Steve Peck, 3508 E 50 Ave, Spokane; 4. Ellen Pierce, 13212 E Blossey; 5. Karl Albrecht, E. 10809 35 Ave; 6. Bill Gothmann, 10010 E 48 ; 7. Margaret Mortz, 3420 S Ridgeview Drive; 8. Norma Trefry, 13222 E Nixon; 9. Jerry Hengen, 14506 N Woodlawn; 10. Mariah Hanley, Summit School, 10717 E 21s 11. April Morrow, Summit School, 11920 E 30 12. Kristen Simpson, Summit School, 891 -6099; 13. David Sani, Spokane County Library District Board Trustee; 14. Marie Salisbury, 12465 East Olive Drive; 15. Rick Lloyd, E 14216 13 16. Tammy Fosburg, 4307 S Bowdish; 17. Margaret Cook, 15515 E 27 Ave; 18. Pat Munts, 4903 S. Mohawk; 19. Eugene Golubenko, 13900 East 17 Main Ave; 20. Doris Gearhart, 12108 East 21s 21. James Pollard, 17216 Baldwin; 22. Chris Fosburg, 4307 S Bowdish; 23. Katrina Henning, 10111 E. Broadway. Mayor Wilhite invited further comment; no further comments were offered. Councilmember Denenny explained that the $2.10 per $1,000 property assessment total tax received includes providing services to the community, and that the library funding comes out of that $2.10; that prior to incorporation, 500 went to the District, leaving $1.60; that Council needs to purchase what is needed as efficiently as possible. He added that this was done in negotiating the Sheriff's contract; and that the community attitude toward that contract was not to spend any more than what is being received within the community and to ensure that we are getting dollar value for services rendered, and are not supporting other communities with the Sheriff's contract; and added that the Sheriff's contract was successfully negotiated within approximately six months for a total contract of $13 million; yet the County Library District indicated it cannot agree to a $2 million contract; and that no one ever discussed trying to close the library or not provide equal services. Councilmember Denenny explained that a Council Meeting: 11 -30 -04 Page 3 of 6 Approved by Council: 12 -14 -04 request for a proposal is not a request for a bid; and that he feels some of the discourse in the community has been grossly blown out of proportion and there was a breakdown in communication. Councilmember DeVleming said that he heard that the community wants the County library service, and that the price is not an issue; that he continues to support managed competition; and that he believes that Spokane Valley continues to supplement portions of the rest of Spokane County via current contract structure; and that if we were to ask Spokane residents to assist in the police contract, or Cheney to assist in the Parks Maintenance contract, that we would be denied any assistance; and that he emphasized that Councilmembers are doing everything possible to ensure that revenues received are spent as efficiently as possible. He also thanked everyone for their letters, phone calls and e- mails; and stated his pleasure in so many people attending tonight's council meetings as that is a way for community members to fulfill part of their civic duty as it gives the public the opportunity to step forward and be heard, and added that this is the benefit of having local control and local government. Councilmember DeVleming stated he looks forward to a good relationship with the County Library District and of the future annexation discussions. Councilmember Flanigan voiced his support of the Library, of the Community, and stated that this issue became very politicized; and said that information selectively culled out of a large mass of information was used in informing community members and that at times that likely hurt the process. He emphasized that Council's intent was to make sure that revenues are thoroughly analyzed to assure the public of getting the best value for services. He also urged the community to remain in direct contact with Councilmembers, and thanked everyone for their attendance. Mayor Wilhite also stressed the importance of getting correct communication from all involved parties. Councilmember DeVleming moved, seconded by Councilmember Denenny, to modify the motion to include the reference of the four items suggested by staff: payment regarding delinquent and uncollectibles; termination clause, capital facilities, and modifications regarding any changes in revenues. Brief discussion ensued regarding possible annexation discussion and timeline, and because not all Councilmembers were in attendance, to continue annexation discussion at a later date. To clarify, Councilmember DeVleming stated that council wants to add the standard termination clause of a year, to go with the original five -year proposal but that annexation would nullify that; and to instruct the city manager to sign the contract. Deputy City Manager Regor re- capped that the amended motion would include directing staff to sign the agreement as proposed with the following amendments: that the technical amendments associated with capital facilities, payment and modifications be negotiated with the Library District as conceptually proposed; and that a termination clause be added to the agreement with a one -year notification period, and that the City Manager be authorized to sign the agreement within those parameters. City Clerk Bainbridge then read the motion to amend: to authorize staff to sign the agreement with the following amendments, including capital facilities, modifications regarding re- negotiation in the event a revenue - reducing initiative is approved; payment provision for delinquencies and uncollectibles, add a termination clause with a one -year period, and to authorize the City Manager to sign within those parameters. Vote to amend the motion: In Favor: Unanimous. Opposed: None. Abstentions: None. Motion carried to amend the motion. City Clerk Bainbridge then reiterated the amended motion: to sign the library services contract with Spokane County Library District that is based on the proposed assessed property value and instruct staff to prepare the discussion in the latter part of 2005 for annexation options, and to authorize staff to sign the agreement with the following amendments, including capital facilities, modifications regarding re- negotiation in the event a revenue - reducing initiative is approved; payment provision for Council Meeting: 11 -30 -04 Page 4 of 6 Approved by Council: 12 -14 -04 delinquencies and uncollectibles, add a termination clause with a one-year period, and to authorize the City Manager to sign within those parameters; Vote on the amended motion: In Favor: Unanimous. Opposed: None. Abstentions: None. Motion carried to approve the amended motion. Mayor Wilhite called for a recess at 7:20 p.m.; and reconvened the meeting at 7:30 p.m. PUBLIC COMMENT: Mayor Wilhite invited public comment. Marie Dutchie, 117 N Flora Road: spoke concerning the park department future planning and of the need for a dog park to help maintain the lease laws. Sandy Haupt, 13217 E 10 Ave, 99216.• stated that she was here for several meetings about the library; that she feels this City could be something better than before; that there is a need for a vision of how we want to see things, and that citizens would be supportive if they knew tax dollars went to what they want; that such a vision should go beyond just doing it cheaper; and that she hopes to learn more of the long range vision of where we want the city to go. Mayor Wilhite invited further public comment; no further comments were given. Administrative Reports 3. Spokane Valley Arts Council — Norma Ventris Norma Ventris explained that she has been working on the Spokane Valley Arts Council; she explained the Arts Council mission, history, structure, background, status (501c3) and future plans. At the end of the +presentation, Ms. Ventris asked for support from Council; and it was Council consensus to lend the City's name as a supporter of the SVAC. 4. Winter Snow Handling Report — John Hohman Engineer Hohman gave his PowerPoint presentation on winter snow handling, and added that the 2004 snow removal budget was $875,204 while the 2005 proposed snow removal budget is $802,564; and that there are no in -house dedicated City staff to handle these services; that all services are contracted; the crews work on shifts; and that the level of service has not changed since incorporation. 5. New Employee Position Descriptions — Nina Regor Deputy City Manager Regor gave her PowerPoint presentation describing the new employee classification positions of two new engineer positions (project manger for CIP and stormwater program), and of the CenterPlace coordinator, which was first budgeted in 2004 but will not be filled until 2005; she explained the general responsibilities of the positions and accompanying recommended classifications of grade 16 for each position. After brief discussion it was Council consensus that staff draft a resolution to amend the classifications, for staff to inform the three absent Councilmembers of specific issues concerning this proposal, and if everyone then concurs, to place this item on the next council consent agenda. 6. Proposed 2004 Comprehensive Plan amendments — Scott Kuhta /Marina Sukup Planner Kuhta explained the procedure for implementing changes to the Comprehensive Plan, and then explained proposed amendments to the Comprehensive Plan, adding that the Planning Commission held a public hearing on these amendments September 23, 2004; that notices were mailed to property owners concerning the public hearings; the sites were posted with a sign announcing the public hearing; and that the proposals were sent to the Office of Community Development. He stated that there are eight proposed amendments, and continued by explaining each proposal. It was also noted that file CPA 02 -04 recommendation should read "change to UR -22" rather than "no change." Mr. Kuhta stated that the Commission had two continuances on CPA 07 -04 and that is now set for January 13, 2005. It was Council consensus to move forward for a first reading (except CPA 07 -04) on December 14, 2004. Council Meeting: 11 -30 -04 Page 5 of 6 Approved by Council: 12 -14 -04 7. Proposed Area -wide Rezone Request N. Greenacres area — Scott Kuhta After his PowerPoint presentation explaining the requested rezone, Mr. Kuhta explained that at the September 23 Planning Commission meeting, the Commission voted on four separate motions to exclude areas from the proposed rezone; that the Commission could not agree to amend the boundary of the rezone request and each motion failed; that the Commission then voted on the original proposal to rezone the entire area to UR -3.5, resulting in a 3 -3 tie, one Commissioner being absent from the meeting. Again on November 18, 2004, the Planning Commission reconsidered the Greenacres area wide rezone; that a motion was passed to put the motion to adopt the rezone back on the table, and after lengthy discussion, the Commission voted 4 -3 to recommend approval of the rezone from UR -7* to UR -3.5. Mr. Kuhta also stated that significant testimony was received from the neighbors that they wanted the entire area to be re- zoned and were not happy with the idea of excluding any property from that rezone. Regarding the moratorium, Mr. Kuhta said the neighbors in this area also submitted a petition for a moratorium to limit development in the interim to one -acre lots; the request was sent to the Planning Commission for recommendation; the Commission considered the moratorium and voted to recommend (by a 7 -0 vote) to reject the moratorium request; that the request now goes before Council, and added that there is no public hearing requirement to establish a moratorium. Councilmember DeVleming asked about the requirement for placing sewer in this area. Mr. Kuhta said that developers are required to extend sewer to this area; it is not under a sewer program, and we are not extending this and because there are so few houses in the area it is not on the septic tank elimination program; and at this point, if any of these developments occur, developers are required to extend sewer to this area. Mr. Kuhta said there is sewer extended down Mission to start with these developments. Councilmember DeVleming said he would like to see more information concerning mitigating the road problem, and addressing more specifically what the sewering plans or potential options are for that area. Councilmember Flanigan added that he would like to have included as additional information, the Barker Street construction project as that project will impact that area for several years. It was Council consensus to gather this additional information before moving forward so that the remaining Councilmembers are appraised of the details and issue; and to schedule that as a future agenda item as soon as practicable. Prior to adjournment, Deputy City Manager Regor distributed revisions to the baseline financial forecast to Councilmembers, indicating that the original baseline forecast used an 8% expenditure growth assumption, and this has now been changed to 6 %; and that the other change made to the baseline was to examine the way we were handling the contingency which was budgeted in a certain part of general government, and which was moved to the reserve section of the budget. Ms. Regor also indicated these changes will be implemented on the City's interactive webpage. It was moved by Councilmember Flanigan, seconded, and unanimously agreed upon to adjourn. The meeting adjourned at 8:55 p.m. 1 YN-s C ristine Bainbridge, City Clerk Council Meeting: 11 -30 -04 Approved by Council: 12 -14 -04 Diana Wilhite, Mayor Page 6 of 6 NAME PLEASE PRINT TOPIC OF CONCERN ADDRESS TELEPHONE 63 _ E. zicrch 1 , T' h 0, .51 ( ,.-1 L 11) Vcvi'G j 9 /% F Doll- 3 -€1'?7 Z. L 1 `-- 1 " C ' S � )17,4 `' - v - ` �,f C' 4f 8 � I/)ei Pi'?rr' 1 �j � � � Q 1- 3 ‘,2 , � I /,' 01 el ICI o*- s2e ' c 5 ) Al zol 0,-7 -Tog -1 ".- g 170 17/17 `cl Goa'ir L va !cIo 48111 A ?aTQT 7 41 11 illy two 5 ti ei7 Y Viy6i No k 1 Yz -j 1 -; L 1- u f TS •:;,-, .wA `79'746 9 -s PUBLIC COMMENT SIGN -IN SHEET SPOKANE VALLEY CITY COUNCIL MEETING DATE // /3 cVz Citizen comments on any item. Please state your name and address for the record. Your time will be limited to THREE MINUTES. Managed Competition: Library Services for 2005 and Beyond Nina Regor, Deputy City Manager November 30, 2004 Background: Scope of Work • Provide a turn -key service • Operations, Administration, Support • Maintain or exceed the current service level • Size and scope of collections and programs • Customer service • Hours of operation • Reciprocal agreement(s) • Develop appropriate performance measures Library Svc 11/30/04 2 1 Background: Recommendations • Ad Hoc Library Committee: Contract with Spokane County Library District (SCLD) for five years • Continue contracting with SCLD for two years, with the potential for up to three one -year extensions Library Svc 11/30/04 3 Background: Subsequent Actions • City Council selected SLCD as the preferred library provider, and directed City staff to negotiate a contract with cost based upon usage (11/9/04) • SCLD Board directed SCLD staff to submit a contract to the City based upon its proposal, and to notify employees of potential lay -offs, and library users of potential Valley branch closure, if a signed agreement was not in place by December 1, 2004 (11/16/04) Library Svc 11/30/04 2 Usage Model • Based upon library cards issued to individual or family, coded by branch of registration • Library Activities not requiring library card: • In- library materials use • In- library, phone or web -based reference and assistance • Library programs and outreach services (e.g., storytime, adult programs, computer classes) • Meeting Room booking and use Library Svc 11/30104 5 Summary of Proposed Agreement • Services consistent with RFP • Five year term effective January 1, 2005 • Payment equivalent to property tax valuation multiplied by Library District's levy rate each year • Agreement becomes void if the City decides to propose annexation, and it is approved by voters Library Svc 11130/04 6 3 Staff- Proposed Technical Amendments • Capital Facilities: • Clarification of incorporating capital facilities recommendations into City's comprehensive plan • Term: • Termination clause, or shorter initial term with extension provisions • Payment: • Provision for delinquencies and uncollectables • Modifications: • Re- negotiation in the event a revenue - reducing initiative is approved by Washington voters Library Svc 11)30104 4 • New Employee Classification: Engineer and CenterPlace Coordinator City of Spokane Valley Nina Regor, Deputy City Manager November 30, 2004 •• Creation of New Classifications o 2005 budget includes two new Engineer positions • Project manager for CIP • Stormwater Program o CenterPlace Coordinator position first budgeted in 2004, but won't be hired until 2005 2 4 New Poadronf Engineer and CoreorPlace Coordinator. 11/30/04 1 • Revised Public Works Organization Structure (2005) New Powbons - Enoinoor end CenterPlace Coanllnator 11/3014 • Engineer: General Responsibilities o Provides project management for the design and /or construction of municipal public works projects o Reviews and assists in determining compliance with state and federal stormwater and environmental permitting regulations o Develops, evaluates impacts and assists in rendering decisions on design standards, conditions of approval 4 New Pn!bons - Enovnrtrtr Yna CenletP%ACe CooRA.'7Alor 111094 2 POSITION GRADE Engineering Technician 14 Assistant Engineer 15 Engineer (proposed) 16 Part-Time Senior Engineer (non - supervisory) 17 Full -Time Senior Engineer — Capital Projects; 18 Development (supervisory) Engineer: Comparison to Assistant and Senior Engineers o More independent judgment than Assistant Engineer • Registration as Professional Engineer required • More years of professional civil engineering experience desired • May oversee project work of Assistant Engineer o Less complex responsibilities than Senior Engineer • Fewer years of professional civil engineering experience requested • No supervisory responsibilities • Sign -off by Senior Engineer on more complex activities 5 Now Positions — Enpaieer and CenterPious Cowan; 11/30/04 Engineer: Recommended Classification 6 Naw Positions - Enpnett r and ConterPtace Coon:Melo/ 11 r301W 3 • Revised Parks & Recreation Organization Structure (2005) Admin Assistant 1 Parks & Recd Director Admen L 1_ Assistant _ [ CenterPlace) Sr Center Coordinator) Specialist I Maintenance; Worker I Recreation 1 Coordinator New Pos4lons - Engineer and CenterPlace Coordinator. 11,1004 • CenterPlace Coordinator: General Responsibilities o Manages and supervises CenterPlace regional, community and senior center • Coordinates facilities maintenance • Schedules use of facility • Oversees service contracts • Supervises Administrative Assistant and Maintenance Worker o Develops and implements programs at CenterPlace o Develops marketing strategies 8 New Positrons - Engineer end CenterPlace Caorcenater. 1113W04 4 • CenterPlace Coordinator: Recommended Classification o Grade 16 ($4,145 - $5,314 per month) o External comparables difficult to find o Internal placement with positions who share traits: • Supervisory assignments • Level of independent judgment • Representation of City in public interactions G New Positions — Engineer and CenterPlace Coorrfnator, 11 r3OIDI • Next Steps o City Council provides direction to staff o Staff returns with a draft resolution, amending the City's classification system 10 rJCW P�:SI' firs - !vi nef.`r and Ce 114,F4v, G!J(i(omal , 5 General Fund Revenues: Sales Tax Property Tax Gambling Tax Leasehold Excise Tax Franchise Fees State Shared Revenues Planning & Building Fees Fines & Forfeitures Recreation Program Fees Interfund Transfers Investment Interest Total General Fund General Fund Expenditures: Legislative Executive & Legislative Public Safety Deputy City Manager Finance Legal Human Resources Public Works Planning Building Library Parks Admin Recreation Aquatics Senior Center CenterPlace General Government Total General Fund City of Spokane Valley Baseline Financial Plan - General Fund - Problem Statement #1 Updated 11/24/2004 2005 Adopted Budget 28,508,165 2006 Estimate $ 13,000,000 $ 13,364,000 10, 055, 316 10, 255, 869 800,000 800,000 5,000 5,000 620,000 626,200 1,121,709 1,149,752 1,293,000 1,293,000 1,200,000 1,200,000 90,000 90,000 287,140 247,000 36,000 50,000 2007 Estimate $ 13,497,640 10,458,428 800,000 5,000 632,462 1,178,496 1,293,000 1,200,000 90,000 247,000 50.500 29,080,821 29,452,526 Surplus /(Deficit) 1,597,123 370,059 2008 Estimate $ 13,794,588 10,663,012 800,000 5,000 638,787 1,207,958 1,293,000 1,200,000 90,000 247,000 51,005 29,990,350 2009 Estimate $ 13,932,534 10,869,642 800,000 5,000 645,175 1,238,157 1,293,000 1,200,000 90,000 247,000 51,515 2010 Estimate $14,071,859 11,078,339 800,000 5,000 651,627 1,269,111 1,300,000 1,200,000 90,000 247,000 52,030 30,372,023 30,764,966 $ 288,226 $ 321,595 $ 340,882 $ 363,110 $ 388,831 $ 418,703 442,867 471,341 504,216 538,397 573,561 612,815 15,711,424 16,768,294 17,899,124 19,109,091 20,403,734 21,788,978 268,942 285,908 300,401 314,583 327,904 341,871 436,969 473,067 498,993 524,757 550,530 579,809 202,307 214,261 225,692 235,957 246,419 257,928 119,383 124,814 129,959 135,458 141,355 147,704 723,990 790,937 836,554 880,645 928,890 978,744 934,006 967,484 1,027,917 1,092,086 1,153,743 1,220,133 696,559 736,191 779,874 828,677 876,176 926,852 2,270,000 2,338,100 2,408,243 2,480,490 2,554,905 2,631,552 1,070,262 895,111 923,440 953,643 985,138 1,018,111 158,215 163,911 167,681 171,816 176,364 179,220 255,818 272,881 291,105 310,569 331,359 353,567 126,592 125,187 132,014 139,489 145,570 152,330 321,299 359,955 383,960 408,919 434,997 462,270 4,481,306 2,174,661 2,232,412 2,293,120 2,356,941 2,424,040 28,508,165 27,483,698 29,082,467 30,780,807 32,576,417 34,494,627 (790,457) (2,204,394) (3,729,661) I Street Fund Beginning Fund Bal Other Revenues Motor Fuel Tax Expenditures Surplus /(Deficit) Ending Fund Bal City of Spokane Valley Baseline Street Fund Analysis - Problem Statement #2 Updated 11/24/2004 2005 Estimate 2006 Estimate 2007 Estimate 2008 Estimate 2,603,158 485,092 (1,898,419) (4,568,611) 1,200,000 1,200,000 1,200,000 1,200,000 3,803,158 1,685,092 (698,419) (3,368,611) 3,318,066 3,583,511 3,870,192 4,179, 808 485,092 (1,898,419) (2,670,192) (2,979,808) 485,092 (1,898,419) (4,568,611) (7,548,419) 2009 Estimate (7,548,419) 1,200,000 (6,348,419) 4,514,192 (3,314,192) (10,862,611) 2010 Estimate (10,862,611) 1,200,000 (9,662,611) 4,875,328 (3,675,328) (14, 537, 939) Operations: #1 General Fund #2 Street Fund #3 Capital Needs: Parks est. Streets Other? Total Capital Total 2006 $ 1,597,123 (1,898,419) (225,000) (900,000) (100,000) (1,225,000) $ (1,526,296) City of Spokane Valley Six -Year Projected Shortfall Summary 2007 $ 370,059 (2,670,192) (250,000) (900,000) (100, 000) (1,250,000) $ (3,550,133) 2008 $ (790,457) (2,979,808) (300,000) (900,000) (100, 000) (1,300,000) $ (5,070,265) 2009 $ (2,204,394) (3,314,192) (300,000) (900,000) (100, 000) (1,300,000) $ (6,818,586) 2010 $ (3,729,661) (3,675,328) (350,000) (950,000) (100, 000) (1,400,000) $ (8,804,989) City of Spokane Valley Multiyear Financial Ptan • Utility Tax 6% 1 111 01200 4 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate General Fund Revenues: Sales Tax $ 13,000,000 $ 13,364,000 $ 13,497,640 $ 13,794,588 $ 13,932.534 $ 14.071,859 Property Tax 10,055,316 10,255,869 10,458,428 10,663,012 10,869.642 11.078,338 Gambling Tax 800,000 800000 800,000 800.000 800.000 800,000 Leasehold Excise Tex 5,000 5,000 5,000 5,000 5,000 5,000 Utility Tax 6% 4,500,000 6,120.000 6,242,400 6.367.248 6,494,593 6.624,485 Franchise Fees 620,000 628.200 632.462 638,787 645,175 651,627 Slate Shared Revenues 1,121,709 1,149,752 1,178,496 1,207.958 1,238,157 1,269,111 Planning 6 Building Fees 1,293,000 1,293,000 1,293,000 1,293,000 1,293,000 1,300,000 Fines & Forfeitures 1,200,000 1,200,000 1,200,000 1.200,000 1,200,000 1,200,000 Recreation Program Fees 90. 000 90 ,000 90,000 90,000 90,000 90,000 Inter Transfers 287,140 247,000 247,000 247,000 247,000 247,000 Investment Interest 36 .000 50,000 50,500 51,005 51.515 57,030 Total General Fund 33,008,165 35.200.821 35,694,928 38,357,598 36,866,616 $ 37,389,450 Gonoral Fund Expenditures: Legislative 288, 226 321,595 340,882 363,110 388,831 418,703 ExecuIive & Legislative 442,667 471,341 504,216 538,397 573,561 612,815 Public Safety 16,711,424 16,768,294 17,899,124 19,109,091 20,403,734 21,788,978 Deputy City Manager 268,942 285,908 300,401 314583 327,904 341,871 Finance 436,969 473,067 498,993 524.757 550,530 579,809 Legal 202.307 214,261 225.892 235,957 246,419 257.928 Human Resources 119,383 124,814 129,959 135,458 141,355 147.7(34 Public Works 723,990 790,937 836,554 880,845 928,890 978.744 Planning 934,006 967,484 1.027.917 1,092,086 1,153,743 1.220,133 Building 696.559 736,191 779.87 828 876,176 926,852 Library 2.270,000 2.338,100 2,408,243 2,480,490 2,554.905 2.631.552 Parks Admen 1,070,262 895,111 923,440 953,643 985138 1,0118,111 Recrea 158,215 163,911 167,681 171.816 176,364 179.220 Aquatics 255,818 272.881 291,105 310,569 331,359 353,557 Senior Censer 126,592 125,187 132.014 139,489 145,57D 152.330 CenlerPloce 321.299 359,955 383,960 408,919 434,997 462,270 General Government 6.612.201 2,174,661 2.232.412 2.293,120 2.356,941 2.424,040 Transfer to Street Fund 1,700,533 6,492.123 5,362,459 4,276,791 2.990,199 1,494,823 Transfer for Capital Needs 1,225,000 1,250,000 1,300,000 1,300,000 1.400,000 Total General Fund 32,339,593 35,200,821 35,694,928 36,357,598 36,866,618 S 37,389,460 Estimated Beginning Fund Batance (257,755) 4,900,817 5.400,817 5, 900.817 8,400.817 0,900,81; Excees Revenue/(Expenditure) 068,572 Contingency Reserve 500,000 500,000 500,000 500,000 500.000 500,000 Service Leval Statxltzauon 600,000 - Winter Weatnar Rosary* 500,000 - Loan Repayment 2,890,000 Estimated Ending Fund Balance 4 5 5,900,817 8 6,900 7.400,617 Fund Balance Includes. Service Level Res. (800.000) (800,000) (800,000) (800,000) (800,000) (800,000) Maabeau Reserve (300.000) (300,000) (300,000) (300,000) (300,000) (300.000) Wider Weather Reserv. (500,000) (500,000) (500,000) (500,000) (500,000) (500,000) Undea(gnated Fund Balance 3300 817 3 4 4,800,517 5,300,817 5,800,817 10% Fund Balance Target 3,300,817 3.520,082 3,569,453 3,635,760 3,686,662 3,738,948 City of Spokane Valley Street Fund Analysis - Utility Tax 6% 11/10/2004 Street Fund Beginning Fund Bal 2,603,158 2,185,625 6,294,237 8,986,504 10,283,487 9,959,494 Transfer from GF 1,700,533 6,492,123 5,362,459 4,276,791 2,990,199 1,494,823 Motor Fuel Tax 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 5,503,691 9,877,748 12,856,696 14,463,295 14,473,686 12,654,317 Expenditures Ending Fund Bal 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 2,185,625 6,294,237 8,986,504 10,283,487 9,959,494 7,778,989 City of Spokane Valley Capital Needs - Utility Tax 6% 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 1,300,000 1,400,000 Remaining Capital Needs $ $ $ $ $ City of Spokane Valley Multiyear Financial Plan - UGtlty Tax 5% 1010/2004 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate General Fund Revenues: Salon Tax S 13,000,000 S 13,384,000 S 13,497,640 S 13,791,588 S 13,932,534 S 14,071,859 Properly Tax 10,055,316 10,255,869 10.458.428 10,663.012 10.869.642 11,078,338 Gambling Tax 800, 000 800. 000 800,000 800,000 800,000 000,000 Leasehold Excise Tex 5,000 5,000 5.000 5,000 5,000 5,000 1P*yTax 5% 3,750,000 5,100,000 5.202.000 5,306.040 5,412,161 5,520,404 Frond** Fees 620,000 626 ,200 632,462 638,787 645,175 651,627 Slate Shred Revenues 1,121, 709 1,149, 752 1,178,496 1,207.958 1,238,157 1,289,111 Planning & 6u8dig Fees 1,293,000 1,293,000 1,293,000 1,293,000 1,293,000 1,300,000 Fines & Forfeitures 1 200.000 1.200,000 1.200,000 1.200000 1,200,000 1.200,000 Recreation Program Faas 90. 000 90 ,000 90,000 90,000 90,000 90,000 1r8nfund Transfers 287,140 247,000 247,000 247,000 247,000 247,000 Investment Interest 36.000 50,000 50,500 51,005 51.515 52,030 Total General Fund 32,258,166 34,180,821 34,664,526 35,296,390 36,784,184 $ 36,285,369 General Fund Expenditures: Legislative 258, 226 321,595 340,882 363,110 388,831 418,703 Executive & Legislative 442,867 471,341 504,216 538,397 573,581 612,815 Public Safety 15.711.424 16,768.294 17,899,124 19,109,091 20.403,734 21,788,978 Deputy City Manager 268,942 285,900 300,401 314,583 327,904 341,871 Finance 436,969 473,067 498,993 524,757 550,530 579,809 Lead 202,307 214,261 225,692 235,957 246,419 257,928 Hunan Resources 119,383 124,814 129,959 135,458 141,355 147,704 Public Works 723,990 790,937 838,554 880,645 928,890 978,744 Planning 934,006 967,484 1,027,917 1,092,086 1,153,743 1,220,133 Building 696.559 736,191 779,874 828,877 876,176 926.852 library 2,270,000 2,338,100 2,408,243 2,480,490 2,554,905 2.631,552 Parks Admn 1,070,262 895,111 923,440 953,643 965,138 1.018,111 Recreation 158,215 163,911 167,681 171,816 176,364 179,220 Aquaba 255,818 272,881 291,105 310,569 331,359 353,567 Senior Center 126,592 125,187 132,014 139,489 145.570 152,330 CenlerPlace 321,299 359,955 383,980 408,919 434,997 462.270 Gensrsr.JGovermoent 6,612,201 2,174,661 2,232,412 2,293,120 2,356,941 2,424,040 Transfer to Street Fund 1,025,533 5,472,123 4,322,059 3.215,583 3,314,192 1,061,597 Transfer for Caput Needs • 1.225,000 1,250.000 1.300.000 1,300,000 1,400.000 Total General Fund S 31,664,593 S 34,180,821 S 34.654,526 5 35,296,390 S 37,190,609 S 36,976,224 E stimated Beginning Fund Balance (257,755) 4,625,817 5,325,6' ' 6,825,817 6,325,817 5,419,392 Excess Rave u&(Expendrturet 593,572 - (1,406,425) (690,855) Contingency Reserve 500, 000 500, 000 500, (X). 500.000 500,000 500,000 Service Level Stabilization 600,000 - - WiMor Weather Reserve 500,000 Loan Repayment 2,890,000 Estimated Ending Fund Balance 4,825,817 5,325,817 5,825,817 6,325,817 5,419,392 5,228,537 F uric! balance Includes Service Level Roa. (800,000) (800,000) (800,000) (800,000) (800,000) (800,000) Mrsbeai Reserve (300,000) (300.000) (300,000) (300.000) ( (300,000) Winter Weather Reserve (500,000) (500,000) (500.000) (500,000) (500,000) (500,000) Undesignetod Fund Balance 3,225,817 3725 4,225 4 3 3,628,637 10'% Fund Balance Target 3,225,817 3,418,082 3,485,463 3,629,639 3,678,418 3,628,537 Street Fund Beginning Fund Bal Transfer from GF Motor Fuel Tax Expenditures Ending Fund Bal City of Spokane Valley Street Fund Analysis - Utility Tax 5% 11/10/2004 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate 2,603,158 1,510,625 4,599,237 6,251,104 6,486,879 6,486,879 1,025,533 5,472,123 4,322,059 3,215,583 3,314,192 1,081,597 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 4,828,691 8,182,748 10,121,296 10,666,687 11,001,071 8,768,476 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 1,510,625 4,599,237 6,251,104 6,486,879 6,486,879 3,893,148 City of Spokane Valley Capital Needs - Utility Tax 5% 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 1,300,000 1,400,000 Remaining Capital Needs $ $ $ $ $ City or Spokane Valley Multiyear Financial Plan • Utility Tax 4% 11/10/2004 2005 Adopted 2008 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate General Fund Revenues; Sales Tax $ 13,000,000 $ 13,364,000 $ 13,497,640 3 13,794,588 $ 13.932,534 $ 14.071,859 Property Tax 10,055,316 10,255,869 10,458,428 10,663,012 10,889,642 11,078,338 Gambling Tax 800, 000 800,000 800,000 800,000 800.000 800,000 Leasehold Excise Tax 5,000 5.000 5,000 5,000 5,000 5,000 Utility Tax 4% 3,000,000 4,080,000 4,161,600 4,244,832 4,329,729 4,416,324 Franchise Fees 820,000 626,200 632,482 638,787 645,175 651,627 Stale Shares Revenues 1,121,709 1,149,752 1,178,496 1,207,958 1.238,157 1,269,111 Planning d Building Fees 1,293,000 1,293,000 1,293,000 1.293,000 1.293,000 1.300,000 Fines & Fafeittree 1,200,000 1,200,000 1,200.000 1.200,000 1,200,000 1,200,000 Recreaton Program Fees 90,000 90,000 90,000 90,000 90,000 90,000 Inloritxd Transfers 287,140 247,000 247,000 247,000 247,000 247.000 Investment Interest 36 ,000 50,000 50.500 51,005 51,515 52,030 Total General Fund 31,508,165 33.160,821 33,614,126 34.235,182 34.701,752 $ 35,181,289 General Fund Expenditures: Legislative 288,226 321,595 340,582 363,110 388,831 418,703 Executive & Legislative 442,867 471,341 504.216 538,397 573,581 612,815 Public Safety 15,711.424 16,768,294 17,899,124 19,109,091 20,403,734 21,788,978 Deputy City Manager 268,942 285,908 300.401 314,583 327,904 341,871 Finance 436,969 473,067 498.993 524,757 550,530 579,809 Lapel 202,307 214,261 225,692 235,957 246,419 257,928 Human Resources 119,383 124,814 129,959 135,458 141,355 147,704 Public Works 723,990 790,937 836,554 880,645 928,890 978.744 Planting 934,006 967,484 1,027,917 1,092.086 1,153,743 1.220.133 Building 696,559 736,191 779,874 828.677 876,176 928.852 Library 2,270,000 2,338,100 2,408,243 2,480,490 2,554,905 2.631,552 Parks Admin 1,070,262 895,111 923,440 953,643 985,138 1,018,111 Recreation 158.215 163,911 167,681 171,816 176,364 179.220 Aquatics 255,818 272,881 291,105 310,569 331,359 353.567 Senior Cana/ 126,592 125,187 132,014 139.489 145,570 152.330 CenaerPlace 321,299 359,955 383,960 406.919 434,997 462.270 General Government 6,612,201 2,174,661 2.232,412 2,293,120 2,358,941 2.424.040 Transfer to Street Fund 350,533 4,452,123 3,281,859 2,154,375 825.335 2819,350 Transfer fa Capital Needs - 1,225,000 1.250,000 1,300,000 1,300,000 - Total General Fund 30,989,593 33,180,821 33,614,128 34,235,182 34,701,752 $ 37,313,977 Esumatsd Beymrsry Fund Balance (257,755) 4,750,817 5.250,617 5,750,817 6,250,817 6,750,817 Excess RevenueJ(Exporr 518,572 - (2,132,888) Contingency Reserve 500,000 500,000 500,000 500,000 500,000 500,000 Service Level SlaWUiratio 600,000 - Winter Weather Reserve 500,000 Loan Repayment 2.890.000 Eatimatod Ending Fund Balance 4,760,617 6,250 6760,817 6,250,817 6,750,817 5,116.129 1 and Balance Includes Service Lovell (800.000) (800,000) (800,000) (800,000) (800,000) (000.000) Mirabeau Res* (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) Winter Weath* (500,000) (500,000) 1500,000) (500,000) (500,000) (500,000) Undealgnaled Fund Bat 3,150 3,650 4,150,817 4 5,150,617 3,618,129 10% Fund Balance Teri 3,150,817 3,316,082 3,361,413 3,423,516 3,470,175 3,618,129 Street Fund Beginning Fund Bal Transfer from GF Motor Fuel Tax Expenditures Ending Fund Bal City of Spokane Valley Street Fund Analysis - Utility Tax 4% 11/1/2004 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate 2,603,158 835,625 2,904,237 3,515,704 2,690,271 201,414 350,533 4,452,123 3,281,659 2,154,375 825,335 2,819,350 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 4,153,691 6,487,748 7,385,896 6,870,079 4,715,606 4,220,764 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 835,625 2,904,237 3,515,704 2,690,271 201,414 (654,564) City of Spokane Valley Capital Needs - Utility Tax 4% 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 1,300,000 Remaining Capital Needs $ $ $ $ $ (1,400,000) City of Spokane Valley Multiyear financial Plan • Utility Tax 8%• No Electric 11/1012004 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate General Fund Revenues: Sales Tax S 13,000,000 $ 13,364,000 $ 13,497,640 $ 13.794,588 S 13.932.534 $ 14,071,859 Property Tax 10,055,316 10,255,869 10,458,428 10,663,012 10,869,642 11,078,338 Gambling Tax 800, 000 800.000 800,000 800.000 800,000 800,000 Leasehold Excise Tax 5,000 5,000 5,000 5,000 5,000 5,000 Utility Tax 6% 2,850,000 3,878,000 3.953,520 4,032,590 4,113,242 4,195,507 Franchise Fees 620,000 626,200 632.462 638.787 645,175 651,627 State Shared Revenues 1,121.709 1,149,752 1,178,496 1,207,958 1,238,157 1,269,111 Planning 8 Bwkling Fees 1,293.000 1.293,000 1,293,000 1,293,000 1,293,000 1,300.000 Fines & Forfeitures 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 Recreation Program Fees 90,000 90 ,000 90,000 90,000 90,000 90,000 Interlund Transfers 287,140 247,000 247,000 247,000 247,000 247.000 Investment Interest 36,000 50,000 50,500 51005 51,515 52.030 Total General Fund 31,358,185 32,956,821 33,406,046 34,022,940 34,485,285 S 34,960,472 General Fund Expenditures: Legislative 258,226 321,595 340,882 363,110 388,831 418,703 Executive & Legislative 442,867 471,341 504,216 538,397 573,561 612,815 Public Steely 15,711.424 16,768,294 17,890,124 19,109,091 20,403.734 21,788,978 Deputy City Mienager 268,942 285,908 300.401 314,583 327.904 3.41,871 Finance 436,969 473,067 498,993 524,757 550,530 579,809 Legal 202,307 214,261 225,692 235,957 246,419 257,928 Human Rasouroxa 119,383 124,814 129,959 135,458 141,355 147,704 Public Works 723,990 790,937 836.554 880,645 928.890 978,744 Planting 934,006 967,484 1,027.917 1,092,0% 1,153,743 1.220,133 Building 696,559 736,191 779,874 828,677 876.176 926.852 Library 2270,000 2.338,100 2,408,243 2,480,490 2,554,905 2,631,552 Parks Admin 1.070,262 895,111 923,440 953,843 985,138 1,018.111 Recreation 158.215 163,911 167,681 171,816 176,364 179.220 Aquatics 255,818 272,881 291,105 310,569 331,359 353,567 Server Center 126.592 125,187 132.014 139.489 145,570 152,330 CenterPlac a 321,299 359,955 383,960 408,919 434,997 462,270 General Government 6,612201 2,174,601 2,232,412 2,293,120 2,358,941 2,424,040 Transfer to Street Fund 215,533 4,248,123 3,073,579 1,942,133 2,296,138 918,325 Transfer tor Capital Needs - 1,225,000 1,250,000 1.300,000 1.300,000 Total General Fund 30,854,593 32,958,821 33,406,048 34,022,940 38,172,586 $ 35,412,952 Estimated Beginning Fund Balance (257,755) 4,735 5,235 5.735,817 6,235,817 5.048.527 Eccles Reve usF(Experx*ttxu) 503,572 - (1,687.290) (452.480) Conengen y Reserve 500.000 500 000 500,000 500,000 500,000 500.000 Service Levi Sfab8ltsgon 600,000 Vanier Maw Reserve 500,000 Loan Repapess t 2,690,000 E:Umsted Ending Fund Balance 4 5,235 5 , 735 , 817 6 , 235,617 8,048,527 5,096,047 Funs Balance includes Service Level Res (800,000) (800,000) (800,000) (800,000) (800,000) (800,000) ke sbeau Rewire (300,000) (300,000) (300,030) (300,000) (300,000) (300,000) Winter Weather Resew )500 (500,000) (500,000) (500,000) (500,000) (500 000) Undesignated Fund Balance 3 3,035 4 , 135 , 817 4 3.448 527 3,496,047 10% Fund Balance Target 3,135,817 3,295,682 3,340,605 3,402,294 3,448,527 3,490,047 -C6 Street Fund Beginning Fund Bal Transfer from GF Motor Fuel Tax Expenditures Ending Fund Bal City of Spokane Valley Street Fund Analysis - Utility Tax 6% - No Electric 11/10/2004 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate 2,603,158 700,625 2,565,237 2,968,624 1,930,949 912,895 215,533 4,248,123 3,073,579 1,942,133 2,296,138 918,325 1,200,000 1,200,000 1,200,000 1,200,000 1 ,200,000 1,200,000 4,018,691 6,148,748 6,838,816 6,110,757 5,427,087 3,031,220 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 700,625 2,565,237 2,968,624 1,930,949 912,895 (1,844,108) City of Spokane Valley Capital Needs - Utility Tax 6% - No Electric 11115/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 1,300,000 Remaining Capital Needs $ $ $ - $ $ (1,400,000) City of Spokane Valley Multiyear Financial Plan - Utility Tex 5%. No Electric 11/1012004 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate General Fund Revenues: Sales Tax $ 13,000,000 S 13,364,000 S 13,497,640 $ 13,794.588 S 13,932,534 $ 14,071.859 Property Tax 10,055.316 10,255,869 10,458,428 10,683,012 10,889,642 11,078.338 Gambling Tax 800,000 800, 000 800,000 800,000 800,000 800,000 Leasehold Excise Tax 5,000 5,000 5,000 5,000 5,000 5,000 Utility Tax 5% 2,374,999 3.229,998 3,294,598 3,360,490 3,427,700 3.496,254 Franchise Fees 620,000 626,200 632.462 638,787 645,175 651,627 Slate Shared Revenues 1,121,709 1,149,752 1,178.496 1,207,958 1,238,157 1,269.111 Planning & Building Fees 1,293,000 1,293,000 1,293,000 1.293,000 1,293,000 1,300,000 Fines & Forfeitures 1,200,000 1,200,000 1.200,000 1,200,000 1,200.000 1,200,000 Recreation Program Fees 90, 000 90 ,000 90,000 90000 90,000 90,000 InterfundTransfers 287,140 247,000 247,000 247,000 247,000 247,000 Investmeri interest 36,000 50,000 50,500 51 1 5 51,515 52,030 Total General Fund 30,883,164 32,310,819 32,747,124 33,350,640 33,799,723 S 34,281,219 General Fund Expenditures: Legislative 288,228 321.595 340,882 363,110 388,831 418,703 Executive & Legielelivo 442,867 471,341 504,216 538,397 573.561 612,815 Public Safety 15,711.424 16,768 17,899.124 19,109,091 20,403,734 21,788,978 Deputy City Manager 268,942 285,900 300.401 314,583 327,904 341,871 Finance 436,969 473,067 498,993 524,757 550,530 579,809 Legal 202,307 214,281 225.692 235,957 246,419 257,928 Human Rasou 119,383 124,814 129,959 135,458 141,355 147,704 Public Worlds 723,990 790,937 836.554 880,645 928,890 978,744 Planning 934.006 967,484 1,027,917 1.092,086 1,153,743 1,220,133 Building 696,559 736.191 779874 828,677 876,178 928,852 Library 2,270.000 2.338,100 2,408,243 2.480,490 2.554,905 2,631,552 Parks Adam 1,070.262 895,111 923.440 953,643 905,138 1,018,111 Recreation 158,215 163,911 167.681 171.816 176,364 179,220 Aquatics 255,818 272,881 291.105 310,509 331,359 353,567 Senior Center 126.592 125,187 132,014 139,489 145,570 152,330 CenterPlace 321.299 359,955 383.960 408,919 434,997 462.270 General Government 6,812,201 2,174,881 2,232.412 2.293,120 2,356,941 2,424,040 Transfer to Street Fund 3.602,121 2,414,657 2,311,298 1,678.418 220.442 Transfer for Capitol Needt 1.225,000 1,250,000 1.300,000 - - Total General Fund 30,639,060 32,310,819 32,747,124 34,392,105 34,254,835 S 34,715,089 :"sunted Regovs^0 Fund Osience (257,755) 4,476. 4,976,349 5 4,935,084 4 Excess Revenue/(Expen 244,104 (1,041,265) (455,112) (453,850) Contingency Reserve 500,000 500. 000 500,000 500.000 500,000 500,000 Service Level Stabihtatc 600,000 - - Winter Weattinr Reserve 500,000 Loan Repayment 2,890,000 Estlnuted Ending Fund Balance 4 4 5 4,935 4 5,026,122 rind Balance includes' Setwce Levet (800,000) (800,000) (800,000) (800,000) (800,000) (800,000) Mirebeau Res. (300.000) (300,000) (300,000) (300,000) (300,000) (300,000) Mister Weaths (500.000) (500000) (500,000) (500,000) (500,000) (500,000) Undesnpnated Fund Bel 21374 349 3 376 349 3 3 3,379,972 3,428.122 10% Fund (Balance Tart 3,088,310 3,231,082 3,274,712 3,335.054 3,379,972 3,426,122 City of Spokane Valley Street Fund Analysis - Utility Tax 5% - No Electric 11/10/2004 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate Street Fund Beginning Fund Bal 2,603,158 485,092 1,703,702 1,448,167 779,657 (856,117) Transfer to GF - 3,602,121 2,414,657 2,311,298 1,678,418 220,442 Motor Fuel Tax 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 3,803,158 5,287,213 5,318,359 4,959,465 3,658,075 564,325 Expenditures 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 Ending Fund Bal 485,092 1,703,702 1,448,167 779,657 (856,117) (4,311,003) City of Spokane Valley Capital Needs - Utility Tax 5% - No Electric 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 Remaining Capital Needs $ $ $ $ 1,300,000) $ (1,400,000) City of Spokane valley Multiyear Financial Plan - Utility Tax 4% - No Electric 11110(2004 2006 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate General Fund Revenues: Sales Tax $ 13.000,000 5 13,36-1,000 5 13,497,640 5 13,794,588 $ 13,932,534 $ 14,071,859 Property Tax 10,055.316 10,255,869 10,458,428 10,663,012 10.869,642 11,078,338 Gambling Tax 800.000 800.000 800,000 800,000 800,000 800,000 Leasehold Excise Tex 5,000 5.000 5.000 5,000 5,000 5,000 Ut)IIIy Tax 4% 1.899,999 2,583.999 2,635.679 2,688,393 2,742,161 2,797,004 Franchise Fees 620,000 626.200 632,462 638,787 645,175 651,627 51a1e Shared Revenues 1,121,709 1,149.752 1,178,496 1,207, 1.238,157 1,269.111 Planning & Building Foos 1,293.000 1,293,000 1,293,000 1,293,000 1.293,000 1,300.000 Fines & Forfeitures 1,200,000 1.200,000 1,200,000 1.200,000 1,200,000 1,200.000 Recreation Program Fees 90, 000 90 ,000 90,000 90,000 90,000 90,000 IMorfund Transfers 287,140 247,000 247,000 247,000 247,000 247,000 Investment Interest 36,000 50,000 50,500 51,005 51.515 52.030 Total General Fund 30,408,164 31,664,820 32,088,205 32.678,743 33,114,184 $ 33,561.969 General Fund Expenditures: Legrsli Ii a 288,226 321.595 340,882 363,110 388,831 418,703 Executive & Legislate,* 442.867 471,341 504,216 538,387 573,561 612,815 Public Safety 15,711,424 16,768,294 17,899,124 19,109,091 20,403,734 21,788,978 Deputy City Manager 268,942 285,908 300,401 314,583 327.904 341,871 Finance 436,969 473,067 498,993 524,757 550,530 579,809 Legal 202,307 214,261 225,692 235,957 248,419 257,928 Human Rotourtea 119,383 124,814 126,959 135,458 141,355 147,704 Public Works 723,990 790.937 836,554 880,845 928,890 978,744 Planning 934,006 967,484 1,027,917 1,092,086 1,153,743 1,220,133 Building 696,559 736,191 779,874 828,677 876.176 926,852 Library 2.270,000 2,338,100 2,408,243 2,480,490 2,554,905 2,631,552 Parks Admit-) 1,070,262 895,111 923,440 953,643 985,138 1,018,111 Recreation 158,215 163,911 167,681 171,816 176,384 179,220 Aquatics 255,818 272,881 291,105 310,569 331,359 353,567 Senior Center 126,592 125,187 132.014 139,489 145,570 152,330 Centre Place 321,299 359,955 383,960 408,919 434,997 462,270 General Government 5,612,201 2,174,661 2.232.412 2,293,120 2,356,941 2.424,040 Transfer to Street Fund - 2,690,989 1,955,738 2,796,544 537,767 - Transfer lot Capital Needs 1,225,000 1,0.50,000 • - Total General Fund 30,639,080 31.399,687 32,088,205 33,577,351 33,114,184 $ 34,494,827 Estimated Begwvng Fuld Balance (257,755) 4,001,349 4,768,482 5,266.482 4,887,874 5.367.874 Eitcass Revar ue (230,890) 285,133 (898.508) - (932.658) Contingency Resolve 500,000 500,000 500,000 500.000 500.000 500,000 Service Level Stabileatlun 600,000 Waiter Weather Reserve 500,000 - - Loan Repairnent 2,890,000 Estimated Ending Fund Balance 4 4 8 4,861,074 5, 4,935.216 Fund Balance Includes Service Level Res (800,000) (800.000) (800.000) (800,000) (800,000) (800.000) Altrabeeu Reserve (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) Water Weather Resew. (500,000) 1500,000) (500,000) (500.000) (500,000) (500,000) Undo *lgnated Fund Balance 10% Fund Balance Target 2.401,349 3.168.482 3,040,016 3,160,482 3 3,287,874 3,206,821 3,267,574 r••••1•11. 3,767,874 3,335.216 3,311,418 3,358,197 City of Spokane Valley Street Fund Analysis - Utility Tax 4% - No Electric 11/1/2004 Ending Fund Bal 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate Street Fund Beginning Fund Bal 2,603,158 485,092 792,570 78,116 (105,148) (3,419,340) Transfer from GF - 2,690,989 1,955,738 2,796,544 Motor Fuel Tax 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 3,803,158 4,376,081 3,948,308 4,074,660 1,094,852 (2,219,340) Expenditures 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 485,092 792,570 78,116 (105,148) (3,419, 340) (7,094,668) AO City of Spokane Valley Capital Needs - Utility Tax 4% - No Electric 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,050,000 - Remaining Capital Needs $ $ (200,000) $ 1,300,000) L200,000) L1,400,000) City of Spokane Valley Council Alt et Financial Plan . Utility Tex 6% • No Electric - No LE Reduction 11) 1012004 2005 Adopted Budget 2006 2007 2008 2009 2010 Estimate Estimate Estimate Estimate Estimate General Fund Revenues: Sales Tax $ 13,000000 $ 13.364,000 $ 13,738,192 $ 14,122 8 14,518,301 $ 14,924,813 Property Tax 10,055,316 10.255,869 10,458.428 10,663,012 10,869,642 11,078.338 Gambling Tax 800, 000 800, 000 800,000 800,000 800,000 800,000 Leasehold Excise Tax 5,000 5,000 5,000 5,000 5,000 5,000 Utility Tax 5% 2,850,000 3,876,000 3,953,520 4,032,590 4,113,242 4,195,507 Franchise Fees 620,000 626.200 632.462 638,787 645,175 651,627 State SharedRovenues 1,121.709 1,149,752 1,178,496 1.207,958 1.238,157 1,269,111 Planning & Building Fees 1,293,000 1,293,000 1,293,000 1,293,000 1.293,000 1,300,000 Fines & Forfeitures 1,200,000 1,200,000 1,200,000 1.200,000 1,200,000 1,200,000 Recreation Program Fees 90, 000 90 ,000 90,000 90,000 90,000 90,000 Inlorlund Transfers 287,140 247,000 247,000 247,000 247,000 247,000 Investment Interest 36,000 50,000 50,500 51,005 51,515 52,030 Total General Fund 31,358,185 32,958,821 33,646,598 34,361,213 36,071,032 S 35,813,426 General Fund Expenditures: Legislative 288,226 321,595 340,882 363,110 388.831 418,703 Executive b Legistative 442,867 471,341 504.216 538,397 573.561 612,815 Public Safety 15,711.424 16,768,294 17.899,124 19.109,091 20,403,734 21,788,978 Deputy City Manager 268,942 285.908 300.401 314,583 327.904 341,871 Finance 436,969 473,087 498,993 524,757 550,530 579,809 Legal 202.307 214,261 225,692 235,957 246,419 257,928 Human Resources 119,383 124,814 129,959 135,458 141,355 147,704 Public Works 723,990 790,937 836,554 880,645 928,890 978,744 Planning 934,006 987,484 1,027,917 1,092,086 1,153,743 1.220,133 Bulking 696,559 736.191 779.874 828,677 876,176 926,852 Library 2.270,000 2.338,100 2,408,243 2,480.490 2.554,905 2,631,552 Parka Admin 1,070,262 895,111 923,440 953,643 985,138 1,018,111 Recreation 158,215 163,911 167,681 171,816 176,364 179,220 Aquatics 255,818 272,881 291.105 310,5&9 331.359 353,567 Senior Center 126,592 125,187 132,014 139,489 145,570 152,330 CentorPlace 321,299 359,955 383,960 406,919 434,997 462,270 General Government 5,712,201 1,974,661 2,032,412 2,093,120 2,156.941 2,224,040 Transfer to Street Fund 915.533 4,448,123 3.514,131 2,470,406 1,394,615 1,795,131 Transfer for Capital Needs 1.225,000 1.250.000 1.300.000 1.300,000 778.142 Total General Fund 30,654,593 32,956.821 33,646,598 34,351,213 35,071,032 S 36,867.900 Estimated Beginning Fund Balance (257,755) 4,035.617 4,335.817 4635,817 4,935.817 5,235,817 Excess Reveru&(Expend +Tura) 703,572 (1.054,474) Conwtpency Reserve 300,000 300.000 300.000 300.000 300,000 300,000 Service Level Stabditat on 100.000 - Wetter Weather Reserve 300,000 Loan Repayment 2,890,000 Estimated Ending Fund Balance 4 4,336 817 4 4 5,235,817 4 Fund Balance Indudo' Service Level Res (300,000) (300,000) (300.000) (300,000) (300,000) (300.000) Mlrebeau Reserve (300,000) (300.000) (300,000) (300.000) (300,000) (300.000) Winter Weather Rene (300,000) (300.000) ( 300, 000) (300,000) (300,000) (300.000) Undeslgnated Fund Balance 3 3,435 3 4,035,817 4 3, 511, 343 10% Fund Balance Target 3,135,817 3,295,882 3,364,660 3,435.121 3,507,103 3,581,343 • Street Fund Beginning Fund Bal Transfer from GF Motor Fuel Tax Expenditures City of Spokane Valley Council Alt. #1 Financial Plan - Utility Tax 6% - No Electric 11/10/2004 2005 2006 2007 2008 2009 2010 Estimate Estimate Estimate Estimate Estirnate Estimate 2,603,158 1,400,625 3,465,237 4,309,176 3,799,774 1,880,197 915,533 4,448,123 3,514,131 2,470,406 1,394,615 1,795,131 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 4,718,691 7,048,748 8,179,368 7,979,582 6,394,389 4,875,328 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 Ending Fund Bal 1,400,625 3,465,237 4,309,176 3,799,774 1,880,197 0 City of Spokane Valley Council Alt. #1 Plan - Capital Needs - Utility Tax 6% 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 1,300,000 778,142 Remaining Capital Needs $ $ $ $ $ (621,858) City or Spokane valley Council Alt. el Financial Plan - Utlllty Tax 514 • No Electric - No LE Reduction 11/10/2004 2005 Adopted 2008 I007 200.8 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate General Fund Revenues: Sales Tax $ 13,000,000 $ 13.364,000 S 13,738,192 $ 14,122,861 $ 14,518,301 $ 14,924,813 Property Tax 10,055,316 10.255.669 10,458,428 10.663,012 10,869,842 11,078,338 Gambling Tax 800,000 800.000 800,000 800,000 800,000 800.000 Leasehold Excise Tar 5,000 5,000 5,000 5,000 5.000 5,000 Utility Tax 5% 2,374,999 3,229,998 3,294,598 3,360,490 3,427.700 3,496,254 Franchise Fees 620,000 628.200 632,462 638,787 645,175 651,627 Stale Snared Revenues 1,121,709 1,149,752 1,178,496 1,237,958 1,238,157 1,269,11 t Planning 6 Building Fees 1.293.000 1,293,000 1,293,000 1,293,000 1,293,000 1,300,000 Fetes & Forfeitures 1 200,000 1,200.000 1,200,000 1.200,000 1.200,000 1.200.000 Recreation Program Foos 90, 000 90 ,000 90,000 90,000 90,000 90,000 Intorfund Transfers 287,140 247,000 247,000 247.000 247,000 247.000 Investment Interest 36,000 50,000 50.500 51,005 51,515 52,030 Total General Fund 30,883.164 32,310,819 32,987,676 33,879,113 34,385,490 5 35,114,173 General Fund Expenditures: Legislative 288,228 321,595 340,882 363,110 388,831 418,703 Executive d Legislative 442,867 471,341 504,216 538,397 573,561 612.815 Public Safety 15,711,424 16,768,294 17,899,124 19,109,091 20.403,734 21.788,978 Deputy City Manager 268,942 285.908 300,401 314,583 327,904 341,871 Finance 436,969 473,067 498,993 524,757 550.530 579.809 Legal 202,307 214,261 225,692 235,957 248,419 257.928 Human Resources 119,383 124,814 129,959 135,458 141,355 147,704 Public Works 723,990 790,937 836,564 880,645 928,890 978,744 Planning 934,006 967,484 1,027,917 1,092,086 1.153,743 1,220,133 Budding 696,559 736,191 779,874 828,677 876,176 926,852 Library 2,270.000 2,338.100 2,408,243 2,480,490 2,554,905 2,631,552 Perks Minn 1,070,262 895.111 923,440 953,643 985,138 1,018,111 Recreation 158,215 163,911 167,681 171,816 176.364 179,220 Aquatics 255,818 272.881 291,105 310,569 331,359 353,567 Senior Center 126,592 125,187 132.014 139,489 145.570 152,330 CenlerPlace 321,299 359,955 383,960 408,919 434,997 462,270 General Government 5.712.201 1.974,661 2,032.412 2,093,120 2,156,941 2,224,040 Transfer to Stmt Fund 488,033 3,802,121 2,855.209 1,798,306 1,918,942 019,546 Transfer for Cep4al Needs - 1,225,000 1,250,000 1,300.000 939,890 - Total General Fund 30.227,093 32,310,819 32,987,676 33,679.113 35,235,257 1 35,114,173 Estimated Bepirnkip Furd Balance (257,755) 3,980,316 4,288,310 4.588,318 4.888,318 4,338,549 Excess Revsnnl(Expendihse) 656.071 (049,767) Contingency Remove 300, 000 300,000 300,000 300,000 300,000 300,000 Service Laval Stababilicn 100,000 - - - Winter VVeethsr Reserve 300,000 Lan , Reesman' 2.890,000 Estimated Ending Fund Balance 3,988,316 4,288,318 4 4,888,318 4,338,549 4,636 r,md Balance Includes. Service Laval Res. (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) lu9rfbssu Reserve (300.000) (300,000) (300,000) (300,000) (300,000) (300,000) Wiper Wean,. Rose (300,000) (300,000) (300,000) (300,000) (300,000) L300000) Undesl9nal.d Fund Balance 3,088 3 3 , 588,318 3,988 3,438 3,738,549 10% Fund Balance Target 3,088,316 3,2.31,082 3,298,788 3,387,911 3,438,549 3,511,417 City of Spokane Valley Council Alt. #1 Financial Plan - Utility Tax 5% - No Electric 11/10/2004 2005 2006 2007 2008 2009 2010 Estimate Estimate Estimate Estimate Estimate Estimate Street Fund Beginning Fund Bal 2,603,158 973,125 2,391,735 2,576,752 1,395,250 (0) Transfer from GF 488,033 3,802,121 2,855,209 1,798,306 1,918,942 819,546 Motor Fuel Tax 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 4,291,191 5,975,246 6,446,944 5,575,058 4,514,192 2,019,546 Expenditures 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 Ending Fund Bal 973,125 2,391,735 2,576,752 1,395,250 (0) (2,855,782) City of Spokane Valley Council Alt. #1 Plan - Capital Needs - Utility Tax 5% 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 939,898 Remaining Capital Needs $ $ - $ $ (360,102) $ (1,400,000) City of Spokane Valley Council Alt, 11 Financial Pion • Utility Tax 4% • No Eleclric - No LE Reduction 11/10(2004 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate General Fund Revenues: Sales Tax $ 13,000,000 5 13,364,000 $ 13,738.192 $ 14,122,861 $ 14,518,301 S 14,924,813 Property Tax 10,055,318 10.255,1369 10,458,428 10,663.012 10.869,642 11,078,338 Gambling Tax 800.000 800.000 800,000 800.000 800,000 800,000 Leasehold Excise Tax 5,000 5,000 5,000 5,000 5,000 5,000 Utility Tax 5% 1,899,999 2,583,999 2,635,679 2,688,393 2,742,161 2.797,004 Franchise Fees 620,000 626,200 632,462 638,787 645,175 651,627 Slate Shared Revenues 1,121,709 1,149,752 1,178.490 1,207,958 1,238,157 1,269,111 Planning & Building Foes 1,293,000 1,293,000 1,293,000 1,293,000 1,293,000 1,300,000 Fines & Forfeitures 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 Rocreation Program Fees 90 .000 90,000 90.000 90.000 90,000 90.000 IntoAun d Transfers 287,140 247,000 247,000 247,000 247,000 247,000 Investment Interest 36.000 50,000 50.500 51,005 51,515 52,030 Total General Fund 30,408,164 31,884,820 32,3211,757 33,007,018 33,699,951 5 14,414,923 General Fund Expenditures: Legislative 288,226 321,595 340,882 363,110 388,831 418,703 Executive a legislative 442.867 471,341 504.216 538.397 573,561 612.815 Public Safety 15,711,424 16.768,294 17,899,124 19,109,091 20,403,734 21,788,978 Deputy City Manager 268.942 285.908 300.401 314.583 327,904 341,871 Finance 436.969 473,067 498.993 524.757 550,530 579.809 1e951 202,307 214.261 225,692 235,957 248,419 257,928 Human Rosotxces 119,383 124,814 129,959 135,458 141,355 147,704 Public Works 723,990 790,937 838,554 880,645 928,890 978,744 Planning 934.006 967.484 1,027,917 1,092,086 1,153,743 1,220,133 Building 696,559 738,191 779,874 828,677 678,178 926.852 1 ibrary 2.270.000 2.338,100 2,408,243 2,480,490 2,554,905 2,631.552 Parks Admrn 1,070,262 895,111 923.440 953,643 985,138 1,018,111 Recreation 158,215 163.911 167,681 171,816 176,364 179,220 Aquatics 255,818 272,881 291,105 310.569 331,359 353,567 Senior Center 128,592 125,187 132,014 139,489 145,570 152,330 CenterPlace 321,299 359,955 383,960 408,919 434,997 462,270 General Government 5,712,201 1,974,661 2,032,412 2.093.120 2,156,941 2,224,040 Transfer to Street Fund 60,533 3,156,122 2,196,290 2 135.474 2,194,355 120,295 Transfer for Capital Needs - 1,225,000 1,250,000 290,735 - Total General Fund 29,799,593 31,664,820 32,328,757 33,007,018 34,670,772 S 34,414,923 Estimated Beginning Fund Balance (251,755) 3.940.810 4,240,810 4,540.816 4,840.818 4,269,995 Exceu Rsv rute/(Eapen dlure) 608.571 (870,821) Contingency Reserve 300,000 300, 000 300.000 300.000 300.000 300,000 Service Level Stabilization 100,000 - Winter Weather Reserve 300.000 Loan Repayment 2,890,000 Estimated Ending Fund Balance 3 4,240 4 4 4 4,569,995 Fund Balance includes: Service Level Res (300,000) (300,000) (300,000) (300,000) (300.000) (300,000) Mtrabeeu Reserve (300,000) (300,000) (300,000) (300,000) (300.000) (300,000) Winter Weather Rasa (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) Undeatgnated Fund Balance 3,040 3,340 3 3 3,369,995 3,669,995 10% Fund Balance Target 3,040,816 3,166,462 3,232,876 3,300,702 3,369,995 3,441,492 City of Spokane Valley Council Alt. #1 Financial Plan - Utility Tax 4% - No Electric 11/10/2004 2005 2006 2007 2008 2009 2010 Estimate Estimate Estimate Estimate Estimate Estimate Street Fund Beginning Fund Bal 2,603,158 545,625 1,318,236 844,334 (0) (1,119,837) Transfer from GF 60,533 3,156,122 2,196,290 2,135,474 2,194,355 120,296 Motor Fuel Tax 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 3,863,691 4,901,747 4,714,526 4,179,808 3,394,355 200,459 Expenditures 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 Ending Fund Bal 545,625 1,318,236 844,334 (0) (1,119,837) (4,674,869) City of Spokane Valley Council Alt. #1 Plan - Capital Needs - Utility Tax 4% 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 290,735 Remaining Capital Needs $ - $ $ (1,009,265) $ (1,300,000) $ (1,400,000) General Fund Revenues: Sales Tan Property Tax Gambling Tax Leasehold Excise Tax Utility Tax 5% Franchise Foes State Shared Revenues Planning & Building Fees Fines & Forfeitures Recreation Program Fees Interfund Transfers Investment Interest Total General Fund General Fund Expenditures: Legislative Executive & Legislative Public Safety Deputy City Manager Finance Legal Human Resources Public Works Planning Building Library Pans Admin Recteat>an Aquatics Senior Center CenterPtaca General Government Transfer to Street Fund Transfer for Capital Needs Total General Fund City of Spokane Valley Council All. aia Financial Plan - UUtity Tax 614 - No Electric - LE Reduction 11/10/2004 2005 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate S 13,000,000 3 10,055,316 800,000 5,000 2,850,000 620.000 1,121,709 1,293,000 1.200,000 90,000 287,140 36,000 31,358,165 13,384,000 $ 13,738,192 E 14,122,861 S 14,518,301 S 14,924,813 10,255,889 10,458,428 10.663,012 10,869,642 11,078,338 800,000 800,000 800,000 800,000 800,000 5,000 5.000 5.000 5.000 5,000 3,876,000 3,953,520 4.032,590 4.113,242 4,195,507 626,200 632,462 638,787 645,175 651,627 1,149, 752 1,178,498 1,207,958 1.238,157 1,269,111 1.293,000 1,293,000 1,293,000 1.293.000 1,300,000 1,200,000 1,200,000 1.200,000 1 1,200,000 90,000 90.000 90.000 90,000 90,000 247,000 247,000 247,000 247,000 247,000 50,000 50,500 51,005 51,515 52.030 32,956,821 33.646,598 34,351,213 35,071,032 $ 35,813,426 288. 226 321,595 340,882 363,110 388,831 418,703 442,867 471,341 504,216 538,397 573,561 612,815 15,226,424 16,249,344 17,343,847 18,514,945 19,767,998 21,108,740 268.942 285,908 300,401 314,503 327,904 341,871 436,969 473,067 498,993 524,757 550,530 579,809 202,307 214,261 225,692 235,957 246,419 257,928 119,383 124,814 129,959 135,458 141,355 147,704 723,990 790,937 836,554 880,645 928,890 978.744 934,006 967,484 1,027,917 1,092,086 1,153,743 1,220,133 696,559 736,191 779,874 828,677 876,176 926,852 2.270,000 2,338,100 2.408,243 2,480,490 2,554,905 2,631,552 1,070,262 895,111 923,440 953,643 985,138 1,018,111 158,215 163,911 167,681 171,816 176,364 179,220 255,818 272,881 291,105 310,569 331,359 353,567 126,592 125,187 132,014 139.489 145,570 152,330 321.299 359,955 383,960 408,919 434,997 462,270 5,712,201 1,974,661 2,032,412 2,093,120 2,156,941 2,224,040 1,400,533 4,967,073 4,069,408 3,064,552 2.030,351 1,853,511 1,225,000 1,250,000 1,300,000 1,300,000 1,400,000 30,654,593 32,956,821 33,646,598 34,351,213 35,071,032 S 36,867,900 Efumaled Beginning runt Balance (257,755) 4,035,817 4,335,817 4,635,817 4.935,817 6.235,817 Excess Reveruo'(E.xponditure) 703,572 - (1.054.474) Conn nguncy Reserve 300,000 300.000 300,000 300,000 300,000 300,000 Service Level Stabilization 100,000 . Winter Weather Referee 300,000 Loan Repayment 2,890,000 Estimation Ending Fund 13alance 4035617 4 4 4 5,235,817 4,481,343 Fund Balance trc)ude6 Service Level Res (300.000) (300,000) (300.000) (300,000) (300,000) (300,000) Mrrabeau Reserve (300,000) (300,000) (300.000) (300,000) (300,000) (300,000) Winter Weather Rase (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) Undesignated Fund Balance 3,135,017 3,435 3,735,817 4,035,817 4 3,581 10% Fund Balance Target 3,135,817 3,295,602 3,364,000 3,435,121 3,507,103 3,581,343 Street Fund Beginning Fund Bal Transfer from GF Motor Fuel Tax Expenditures Ending Fund Bal City of Spokane Valley Council Att. #la Financial Plan - Utility Tax 6% - No Electric 11/10/2004 2005 2006 2007 2008 2009 2010 Estimate Estimate Estimate Estimate Estimate Estimate 2,603,158 1,885,625 4,469,187 5,868,403 5,953,147 4,669,306 1,400,533 4,967,073 4,069,408 3,064,552 2,030,351 1,853,511 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 5,203,691 8,052,698 9,738,595 10,132,955 9,183,498 7,722,817 3,318,066 3,583,511 3,870,192 4,179, 808 4,514,192 4,875,328 1,885,625 4,469,187 5,868,403 5,953,147 4,669,306 2,847,489 City of Spokane Valley Council Alt. #la Plan - Capital Needs - Utility Tax 6% 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 1,300,000 1,400,000 Remaining Capital Needs $ $ $ $ $ City at Spokane Valley Council Alt. Ole Ftnenciai Plan - Ulipty Tux 5% - No Electric • LE Reduction 11110/2004 2005 Adopted 2005 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estlmele General Fund Revenues: Saie9 Tax $ 13,000,000 $ 13,364.000 $ 13,738.192 S 14,122,881 S 14,518,301 $ 14,924,413 Property Tax 10,055,316 10.255,869 10.458.428 10,663,012 10,869,642 11,078,338 Gambling Tax 800,000 800,000 800.000 600,008 800,000 800,000 Leasehold Excise Tax 5,000 5,000 5,000 5,000 5,000 5.000 Utility Tax 5% 2,374,999 3,229,998 3.294,598 3,360,490 3.427,700 3,490,254 Franchise Fees 620,000 626, 200 632,482 638,787 645,175 651,627 State Shared Revenues 1,121,709 1,149,752 1,178,496 1,207,958 1,238.157 1,289,111 Planning & Budding Foes 1.293,000 1.293,000 1,293,000 1.293,000 1.293,000 1,300,000 Fines & Fotfeittues 1,200,000 1,200,000 1,200.000 1.200,000 1.200,000 1,200,000 Recreation Program Fees 90,000 90 ,000 90.000 90.000 90,000 90,000 Interlund Transfers 287,140 247.000 247.000 247,000 247,000 247.000 knncstment Interest 36.000 50,000 50,500 51,005 51,515 52,030 Total General Fund 30,683,164 32,310,819 32,987,678 33,879,113 34,386,490 $ 36,114,173 General Fund Expenditures: Legislative Executive S Legislative Public Safety Deputy City Manager Finance Legal Human Resources Public Works Planning Building Library Parks Admm Recreation Aquatics Senior Center CentorPlece General Government Transfer to Street Fund Transfer for Capital Needs Total General Fund 288.226 321,595 442,887 471,341 15,226.424 18,249,344 268,942 285,908 430,969 473.067 202,307 214.281 119,383 124,814 723,990 790,937 934,008 967,484 690,559 736,191 2,270,000 2.338,100 1,070.282 895,111 158,215 163,911 255.818 272,881 126.592 125.187 321,299 359,955 5.712.201 1,974,681 973,033 4,321,071 1,225,000 30,227,093 32,310,819 340,882 363,110 388,831 418,703 504,216 538,397 573,561 612,815 17,343,847 18,514,945 19,767,998 21,106,740 300,401 314,583 327,904 341,871 498,993 524,757 550,530 579,809 225,692 235,957 246,419 257,928 129,959 135,458 141,355 147,704 836,554 880,645 928,890 978,744 1,027,917 1,092,088 1,153,743 1,220,133 T79,874 828.677 878,178 926.852 2.408,243 2,480,490 2,554.905 2,631,552 923,440 953,643 985.138 1.018,111 167,681 171.816 178,384 179,220 291,105 310,569 331,359 353,567 132,014 139,480 145.570 152,330 383,960 408.919 434,997 462,270 2,032,412 2,093,120 2.156,941 2,224,040 3,410,486 2,392.452 2,194,576 1,246,321 1,250,000 1,300,000 1.300,000 480,595 35,235,257 S 35,341,305 32.987,676 33,679,113 Estimated Bepming Fund 8atance (257,755) 3,968,318 4,288,318 4,588,318 E,Cess Revers,er(Exaertdhae) 558.071 Conlinpency Reserve 300,000 300.000 300.000 300,000 Service Laval Slab*Wttlon 100,000 Weiler Wlaafnw Roam 300,000 Loan Repeymw4 2,890,000 Estimated Ending Fund Balance 3,9811 4,288,316 4,588,316 4,888,318 4,338,549 4,411.417 4,888,318 (849.767) 300.000 4,338,549 (227.132) 300,000 Fund 13aience Inchrios Service Level Res (300,000) (300.000) (300.000) (300,000) (300,000) (300,000) Mrrabeau Reserve (300,000) (300.000) (300,000) (300,000) (300,000) (300.000) W1reer Weather Reser (,300,000) (300.003) (101,000) (300,000) (300,000) (300,000) Undes)9n11ed Fund Balance 3 3 3 3 3,438,549 3,511,417 10% Fund Balance Target 3,068,316 3,231,082 3,298,788 3,367,911 3,438,549 3,511,417 Street Fund Beginning Fund Bal Transfer from GF Motor Fuel Tax Expenditures City of Spokane Valley Council Alt. #la Financial Plan - Utility Tax 5% - No Electric 11/10/2004 2005 2006 2007 2008 2009 2010 Estimate Estimate Estimate Estimate Estimate Estimate 2,603,158 1,458,125 3,395,685 4,135,979 3,548,623 2,429,007 973,033 4,321,071 3,410,486 2,392,452 2,194,576 1,246,321 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 4,776,191 6,979,196 8,006,171 7,728,431 6,943,199 4,875,328 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 Ending Fund Bal 1,458,125 3,395,685 4,135,979 3,548,623 2,429,007 0 City of Spokane Valley Council Alt. #la Plan - Capital Needs - Utility Tax 5% 11/1512004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1 ,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 1,300,000 480,595 Remaining Capital Needs $ - $ - $ $ $ (919,405) City of Spokane Valley Council Ak. •ta Financial Plan • Utility Tax 4% • No Electric • LE Reduction 11/10/2004 2006 Adopted 2006 2007 2008 2009 2010 Budget Estimate Estimate Estimate Estimate Estimate General Fund Revenues: Sales Tax $ 13.000.000 $ 13,364.000 $ 13,738,192 $ 14,122,861 $ 14,518,301 $ 14,924,813 Property Tax 10.055,316 10,255,869 10,458.428 10,663,012 10,869,642 11,078.338 Gambling Tax 800, 000 800. 000 800,000 800,000 800,000 800,000 Leasehold Excise Tax 5,000 5,000 5.000 5.000 5,000 5,000 Utility Tax 5% 1.099.999 2,583.999 2,635.879 2,688,393 2,742,161 2,797.004 Franchise Fees 620,000 626.200 632.462 638,787 645.175 651.627 State Shared Revenues 1,121,709 1,149,752 1,178,496 1,207,958 1,238,157 1,269,111 Planning & Building Fees 1,293,000 1293,000 1,293,000 1.293,000 1,293,000 1,300,000 Fines & Forfeitures 1.200,000 1.200,000 1,200,000 1.200,000 1,200,000 1,200,000 Recreation Program Fees 90, 000 90 .000 90,000 90.000 90,000 90,000 Interfund Transfers 287,140 247,000 247,000 247,000 247,000 247,000 Investment Interest 36,000 50,000 50,500 51,005 51,515 52,030 Total General Fund 30,408,164 31,664,820 32.328,757 33,007.018 33,899,951 S 34,414,923 e General Fund Expenditures: Legislative 288,226 321.595 340,882 363,110 388,831 418,703 Executive & Legislative 442.867 471,341 504,218 538,397 573,561 612,815 Public Safety 15 226,424 18,249,344 17,343,847 18,514,945 19,767,996 21,108,740 Deputy City Manager 268,942 285,908 300,401 314,583 327,904 341,871 Finance 436,969 473,067 498,993 524,757 550,530 579,809 Legal 202,307 214,261 225,692 235,957 248,419 257.928 Human Resources 119,383 124,814 129,959 135,458 141,355 147,704 Public Works 723,990 790,937 836,554 880,645 928,890 978,744 Planning 934,006 967,484 1,027,917 1,092.066 1,153,743 1,220,133 Building 896,559 736,191 779,874 828,677 876,176 926,852 Library 2,270,000 2,338,100 2,408,243 2,480,490 2.554,905 2,631,552 Parks Admin 1,070.262 895,111 923,440 953,643 985,138 1,018,111 Recreation 158,215 163,911 167,681 171,816 176.364 179,220 Aquatics 255,818 272,881 291,105 310,569 331,359 353.567 Sensor Center 126,592 125.187 132,014 139,489 145,570 152,330 ConterPlace 321,299 359.955 383,960 408,919 434,997 462,270 General Government 5,712,201 1,974,661 2.032,412 2.093,120 2,156,941 2.224,040 Transfer to Street Fund 545,533 3,675,072 2,751,567 1,720,355 2,194,355 1,029,037 Transfer for Capital Needs . 1,225,000 1,250,000 1 635,736 Total General Fund 29,799,693 31,664,820 32,328,767 33,907,016 34,570,772 $ 34,643,426 Eat r•atod 9epnrlinp Fund Balance (257,755) 3,940,816 4.240,816 4,540,816 4,840,818 4,209,995 Exasa R•vsluel(Experx111ue) 008,571 - (870.821) (220,503) Conbngsncy Resardo 300 ,000 300,000 300,000 300,000 300,000 300.000 Service Levet Stabilization 100,000 Winter Weather Reserve 300,000 - Loan Repayment 2,890,000 Estimated Ending Fund Balance .,940 4240,016 4 4,840,516 4,209,943 4 Fund Balance Includes. Service Level Res (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) Mlrabettu Reserve (300,000) (300,000) (300,000) (300,000) (300.000) (300,000) Winter Weather Rose (300,000) (300,000) (300,000) (300,000) (300,000) (300,000) Undesignated Fund Balance 3 3,340,818 3 3 , 940 , 819 3 , 369 , 905 3,441,492 10% Fund Balance Target 3,040.016 3066,462 3,232,876 3,300,702 3,360,095 3,441,492 Street Fund Beginning Fund Bal Transfer from GF Motor Fuel Tax Expenditures Ending Fund Bal City of Spokane Valley Council Alt. #la Financial Plan - Utility Tax 4% - No Electric 11/10/2004 2005 2006 2007 2008 2009 2010 Estimate Estimate Estimate Estimate Estimate Estimate 2,603,158 1,030,625 2,322,186 2,403,561 1,144,108 24,271 545,533 3,675,072 2,751,567 1,720,355 2,194,355 1,029,037 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 4,348,691 5,905,697 6,273,753 5,323,916 4,538,463 2,253,308 3,318,066 3,583,511 3,870,192 4,179,808 4,514,192 4,875,328 1,030,625 2,322,186 2,403,561 1,144,108 24,271 (2,622,020) City of Spokane Valley Council Alt. #la Plan - Capital Needs - Utility Tax 4% 11/15/2004 2006 2007 2008 2009 2010 Parks est. $ (225,000) $ (250,000) $ (300,000) $ (300,000) $ (350,000) Streets (900,000) (900,000) (900,000) (900,000) (950,000) Other (100,000) (100,000) (100,000) (100,000) (100,000) Capital Needs (1,225,000) (1,250,000) (1,300,000) (1,300,000) (1,400,000) Transfer from GF 1,225,000 1,250,000 1,300,000 635,736 Remaining Capital Needs $ $ $ - $ (664.264) $ (1,400,000)