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2016 PROPOSED BUDGETS FOR ALL FUNDS OF THE CITY OF MIDDLETON, WI. BY FUND TYPE GENERAL SPECIAL TOTAL ALL FUND REVENUE CAPITAL ENTERPRISE FUNDS DEBT SERVICE TOTAL REVENUES 23,616,445 $ 3,597,612 $ 16,511,445 $ 15,607,330 $ 59,332,832 $ 4,673,120 $ TOTAL EXPENDITURES 23,616,445 3,599,692 13,350,240 14,886,202 55,452,579 4,673,120 Excess (Deficit) - (2,080) 3,161,205 721,128 3,880,253 - Balance-Jan 1. 9,236,678 3,914,993 10,253,999 6,159,512 29,565,182 129,776 Balance-Dec. 31 9,236,678 3,912,913 13,415,204 6,880,640 33,445,435 129,776 CITY OF MIDDLETON, WISCONSIN 2016 PROPOSED GENERAL FUND BUDGET 2015 2015 2016 % CHNG. CATEGORIES BUDGET ESTIMATE PROPOSED INCR(DECR) REVENUES & OTHER SOURCES: Other Taxes 853,283 $ 853,283 $ 1,033,100 $ Special Assessments 90,000 90,000 104,000 Intergovernmental Revenue 2,003,301 2,003,301 2,166,590 Licenses & Permits 521,400 521,400 676,524 Fines & Forfeitures 290,000 400,959 315,000 Public Charges for Service 1,231,850 1,231,850 1,222,795 Special Fund Activity 2,016,652 2,016,652 1,919,823 Miscellaneous Revenues 172,144 172,144 189,486 Other Financing Sources - - - TOTAL REVENUE 7,178,630 $ 7,289,589 $ 7,627,318 $ 4.63% EXPENDITURES & OTHER OUTFLOWS: General Government 2,516,160 $ 2,516,160 $ 2,600,425 $ Public Safety 8,440,564 8,392,564 8,437,349 Public Works 3,139,297 3,139,297 3,206,991 Leisure 1,477,026 1,487,026 1,517,601 Conservation & Development 1,575,124 1,565,124 1,650,647 Non-Departmental 27,555 27,555 59,000 Reserve for Contingencies 258,419 410,363 227,330 Reserve for 2016 Compensation Adjustments - - 250,000 Transfer to Library Operations 1,144,792 1,144,792 1,193,982 Other Transfers Out 18,303 87,303 - Transfer to Debt Service 4,584,205 4,363,261 4,473,120 Golf Debt Refunding From Assigned Fund Balance - - - TOTAL EXPENDITURES 23,181,445 $ 23,133,445 $ 23,616,445 $ 2.09% EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDS. (16,002,815) (15,843,856) (15,989,127) LOCAL PROPERTY TAXES 16,002,815 16,002,815 15,989,127 -0.09% NET SURPLUS (DEFICIT) - 158,959 - TOTAL - BEGINNING OF YEAR 7,045,595 $ 9,077,719 $ 9,236,678 $ TOTAL - END OF YEAR 7,045,595 $ 9,236,678 $ 9,236,678 $ 0.00% CITY OF MIDDLETON, WISCONSIN 2016 PROPOSED BUDGETS The City of Middleton’s detailed budget summary is available for public inspection at City Hall, 7426 Hubbard Avenue, Middleton, Wisconsin from 7:45 a.m. to 4:30 p.m. Monday through Friday in the Finance Department and on the City of Middleton website www.ci.middleton.wi.us. A public hearing on the 2016 Proposed Budget will be held at 7:30 p.m. on November 12, 2015 in Common Council Chambers in City Hall, 7426 Hubbard Avenue, Middleton, Wisconsin. The Common Council is scheduled to take action on the 2016 Proposed Budgets at a special scheduled meeting on November 19, 2015 at 8:00 p.m. The following are the 2016 Proposed Budgets of the City of Middleton, Wisconsin. ---PAGE BREAK--- CITY OF MIDDLETON - 2016 PROPOSED BUDGETS - OTHER FUNDS SPECIAL REVENUE FUNDS 201 - TOURISM 203 - CDA 204 - LIBRARY TRUST 206 SUBDIVIDERS 2015 2016 2015 2016 2015 2016 2015 2016 TOTAL REVENUES 1,000,000 $ 1,281,500 $ 301,648 $ 12,750 $ 45,680 $ 30,000 $ 174,300 $ 150,000 $ TOTAL EXPENDITURES 1,272,220 1,373,330 80,000 70,000 25,000 25,000 66,090 30,000 Excess (Deficit) (272,220) (91,830) 221,648 (57,250) 20,680 5,000 108,210 120,000 Balance- Jan 1. 1,296,451 1,024,231 182,175 403,823 305,413 326,093 1,235,940 1,344,150 Balance- Dec. 31 1,024,231 932,401 403,823 346,573 326,093 331,093 1,344,150 1,464,150 SPECIAL REVENUE FUNDS 208 - POLICE SPEC. REV. & ACT. 209 - EMS SPECIAL REV. & ACT. 210- PUBLIC LAND SPEC. REV. 211 - SR. CTR. SPEC. REV. 2015 2016 2015 2016 2015 2016 2015 2016 TOTAL REVENUES 2,480 $ 1,500 $ 4,336 $ 4,500 $ 317,933 $ 100,000 $ 18,720 $ 20,000 $ TOTAL EXPENDITURES 8,000 5,000 1,000 4,000 85,000 75,000 20,000 20,000 Excess (Deficit) (5,520) (3,500) 3,336 500 232,933 25,000 (1,280) - Balance- Jan 1. 28,756 23,236 63,720 67,056 310,959 543,892 162,111 160,831 Balance- Dec. 31 23,236 19,736 67,056 67,556 543,892 568,892 160,831 160,831 SPECIAL REVENUE FUNDS DEBT SERVICE FUND CAPITAL FUNDS 212 - LIBRARY OPERATIONS 300 - DEBT SERVICE 401 - TIF # 3 412- PUBLIC WORKS CAPITAL 2015 2016 2015 2016 2015 2016 2015 2016 TOTAL REVENUES 1,938,421 $ 1,997,362 $ 4,784,269 $ 4,673,120 $ 9,685,567 $ 8,998,854 $ 1,307,000 $ 2,589,418 $ TOTAL EXPENDITURES 1,938,421 1,997,362 4,784,269 4,673,120 9,000,000 6,000,000 3,648,425 2,589,418 Excess (Deficit) - - - - 685,567 2,998,854 (2,341,425) - Balance- Jan 1. 21,681 21,681 129,776 129,776 4,670,832 5,356,399 4,661,413 2,319,988 Balance- Dec. 31 21,681 21,681 129,776 129,776 5,356,399 8,355,253 2,319,988 2,319,988 CAPITAL FUNDS ENTERPRISE FUNDS 414 - PUBLIC LANDS CAP. 416 - OTHER CAPITAL 501 - TIF # 5 610 - WATER 2015 2016 2015 2016 2015 2016 2015 2016 TOTAL REVENUES 961,672 $ 1,344,700 $ 450,391 $ 3,136,357 $ 1,875,454 $ 442,116 $ 2,120,391 $ 1,970,045 $ TOTAL EXPENDITURES 961,672 1,344,700 450,391 3,136,357 723,015 279,765 2,436,871 2,478,660 Excess (Deficit) - - - - 1,152,439 162,351 (316,480) (508,615) Balance- Jan 1. 635,095 635,095 427,235 427,235 362,843 1,515,282 4,881,119 4,564,639 Balance- Dec. 31 635,095 635,095 427,235 427,235 1,515,282 1,677,633 4,564,639 4,056,024 ENTERPRISE FUNDS 620 - SEWER 630 - STORM WATER 640 - MIDDLETON UTIL. DIS. # 1 650 - GOLF 2015 2016 2015 2016 2015 2016 2015 2016 TOTAL REVENUES 1,930,391 $ 1,925,338 $ 135,830 $ 260,000 $ 400,000 $ 8,500,000 $ 2,636,287 $ 2,826,773 $ TOTAL EXPENDITURES 3,244,998 960,953 - 20,000 400,000 8,500,000 2,636,287 2,826,773 Excess (Deficit) (1,314,607) 964,385 135,830 240,000 - - - - Balance- Jan 1. 2,676,964 1,362,357 - 135,830 - - - - Balance- Dec. 31 1,362,357 2,326,742 135,830 375,830 - - - - ENTERPRISE FUNDS The City of Middleton's property taxes are summarized as follows: 660 - AIRPORT (Formerly 205) Purpose 2015 2016 % Change 2015 2016 General Fund Operations 11,639,554 11,516,007 -1.1% TOTAL REVENUES 123,174 $ 125,174 $ Debt Service 4,363,261 4,473,120 2.5% TOTAL EXPENDITURES 122,000 99,816 TOTAL 16,002,815 $ 15,989,127 $ -0.1% Excess (Deficit) 1,174 25,358 Balance- Jan 1. 95,512 96,686 John M. Lehman, Balance- Dec. 31 96,686 122,044 Finance Director/Comptroller/Asst. City Administrator