CITY OF GLOBE Summary Schedule of Estimated Revenues and Expenditures/Expenses Fiscal Year 2015 FUND 1. General Fund ADOPTED BUDGETED EXPENDITURES/ EXPENSES* 2014 ACTUAL EXPENDITURES/ EXPENSES** 2014 $ $ 13,018,560 6,671,796 2. Special Revenue Funds ESTIMATED FUND REVENUES BALANCE/ OTHER THAN NET PROPERTY TAX PROPERTY POSITION*** REVENUES TAXES 2015 2015 July 1, 2014** Primary: 475,589 $ $ 4,382,000 $ 7,436,375 Secondary: 24,000 3,468,767 4,382,585 1,448,891 55,705 6,270 49,000 7,223,150 2,318,744 7,223,150 2,318,744 OTHER FINANCING 2015 SOURCES $ 488,036 $ TOTAL FINANCIAL INTERFUND TRANSFERS RESOURCES 2015 AVAILABLE 2015 IN BUDGETED EXPENDITURES/ EXPENSES 2015 $ $ $ 151,380 151,380 $ 12,630,620 12,630,620 3,644,147 3,644,147 1,350 50,350 50,350 4,500,000 2,900,000 7,400,000 7,400,000 4,500,000 2,900,000 7,400,000 7,400,000 3. Debt Service Funds Available 4. Less: Amounts for Future Debt Retirement 5. Total Debt Service Funds 6. Capital Projects Funds 7. Permanent Funds 8. Enterprise Funds Available 9. Less: Amounts for Future Debt Retirement 10. Total Enterprise Funds 11. Internal Service Funds 12. TOTAL ALL FUNDS $ 24,680,000 $ 10,445,701 $ 8,955,000 $ 475,589 $ 13,806,492 EXPENDITURE LIMITATION COMPARISON 1. Budgeted expenditures/expenses 2. Add/subtract: estimated net reconciling items 3. Budgeted expenditures/expenses adjusted for reconciling items 4. Less: estimated exclusions 5. Amount subject to the expenditure limitation 6. EEC or voter-approved alternative expenditure limitation $ 488,036 $ $ 2014 $ 24,680,000 2015 $ 23,725,117 24,680,000 23,725,117 $ 24,680,000 $ $ 23,725,117 $ 151,380 $ 151,380 The city/town does not levy property taxes and does not have special assessment districts for which property taxes are levied. Therefore, Schedule B has been omitted. * Includes Expenditure/Expense Adjustments Approved in 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 in this column represent Fund Balance/Net Position amounts except for amounts not in spendable form (e.g., prepaids and inventories) or legally or contractually required to be maintained intact (e.g., principal of a permanent fund). 4/13 SCHEDULE A $ 23,725,117 $ 23,725,117 CITY OF GLOBE Tax Levy and Tax Rate Information Fiscal Year 2015 2014 1. Maximum allowable primary property tax levy. A.R.S. §42-17051(A) $ 2015 625,583 $ 648,830 $ 500,620 $ 475,589 $ 500,620 $ 475,589 $ 451,638 $ 451,638 2. Amount received from primary property taxation in the current year in excess of the sum of that year's maximum allowable primary property tax levy. $ A.R.S. §42-17102(A)(18) 3. Property tax levy amounts A. Primary property taxes B. Secondary property taxes C. 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) Total secondary property taxes C. Total property taxes collected $ $ $ 451,638 5. Property tax rates A. City/Town tax rate (1) Primary property tax rate 1.3200 1.3200 (2) Secondary property tax rate (3) Total city/town tax rate 1.3200 1.3200 Special assessment district tax rates B. Secondary property tax rates - As of the date the proposed budget was prepared, the city/town was operating NO special assessment districts for which secondary property taxes are levied. For information pertaining to these special assessment districts and their tax rates, please contact the city/town. * Includes actual property taxes collected as of the date the proposed budget was prepared, plus estimated property tax collections for the remainder of the fiscal year. 4/13 SCHEDULE B CITY OF GLOBE Revenues Other Than Property Taxes Fiscal Year 2015 ESTIMATED REVENUES 2014 SOURCE OF REVENUES ACTUAL REVENUES* 2014 ESTIMATED REVENUES 2015 GENERAL FUND Local taxes CITY SALES TAX BED TAX $ 3,500,000 120,000 $ 3,482,123 20,399 $ 3,500,000 100,000 Licenses and permits OCCUPATION & FRANCHISE BUILDING PERMITS 655,000 35,000 672,257 42,796 670,000 40,000 Intergovernmental STATE SALES TAX REVENUE SHARING FIRE DEPT CONTRACT REVENUE 650,825 840,300 100,000 385,406 769,535 12,970 650,825 840,300 100,000 Charges for services SANITATION RECREATION MUSEUM CEMETERY RENT 650,000 16,500 75,000 8,000 90,000 566,344 5,489 55,077 5,250 84,725 650,000 5,000 75,000 8,000 85,000 Fines and forfeits MAGISTRATE 215,250 96,707 140,250 Interest on investments INVESTMENT INCOME 10,000 570 10,000 In-lieu property taxes VEHICLE LICENSE TAX 424,220 426,753 428,000 14,000 1,756 14,000 115,000 5,000 148,550 3,167 115,000 5,000 Contributions Voluntary contributions Miscellaneous OTHER POLICE DEPT REVENUE Total General Fund $ 7,524,095 $ 6,779,874 $ 7,436,375 * Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 4/13 SCHEDULE C CITY OF GLOBE Revenues Other Than Property Taxes Fiscal Year 2015 ESTIMATED REVENUES 2014 SOURCE OF REVENUES ACTUAL REVENUES* 2014 ESTIMATED REVENUES 2015 SPECIAL REVENUE FUNDS Highway User Revenue Fund HIGHWAY USER REVENUE $ 699,630 $ 476,076 $ 738,767 Total Highway User Revenue Fund $ 699,630 $ 476,076 $ 738,767 $ 126,150 2,500,000 106,385 $ 130,818 64,453 87,396 $ 130,000 2,500,000 100,000 $ 2,732,535 $ 282,667 $ 2,730,000 Total Special Revenue Funds $ 3,432,165 $ 758,743 $ 3,468,767 LIBRARY GRANTS ACTIVE ADULT CENTER * Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 4/13 SCHEDULE C CITY OF GLOBE Revenues Other Than Property Taxes Fiscal Year 2015 ESTIMATED REVENUES 2014 SOURCE OF REVENUES ACTUAL REVENUES* 2014 ESTIMATED REVENUES 2015 DEBT SERVICE FUNDS Total Debt Service Funds $ $ $ $ $ CAPITAL PROJECTS FUNDS Total Capital Projects Funds $ * Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 4/13 SCHEDULE C CITY OF GLOBE Revenues Other Than Property Taxes Fiscal Year 2015 ESTIMATED REVENUES 2014 SOURCE OF REVENUES ACTUAL REVENUES* 2014 ESTIMATED REVENUES 2015 PERMANENT FUNDS VOLUNTEER PENSION FUND $ 1,350 $ 126 $ 1,350 Total Permanent Funds $ 1,350 $ 126 $ 1,350 $ 2,183,700 1,018,485 3,202,185 $ 1,822,791 792,170 2,614,961 $ 2,000,000 900,000 2,900,000 ENTERPRISE FUNDS WATER WASTEWATER Total Enterprise Funds $ $ $ * Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 4/13 SCHEDULE C CITY OF GLOBE Revenues Other Than Property Taxes Fiscal Year 2015 ESTIMATED REVENUES 2014 SOURCE OF REVENUES ACTUAL REVENUES* 2014 ESTIMATED REVENUES 2015 INTERNAL SERVICE FUNDS Total Internal Service Funds $ TOTAL ALL FUNDS $ $ 14,159,795 $ $ 10,153,704 $ 13,806,492 * Includes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 4/13 SCHEDULE C CITY OF GLOBE Other Financing Sources/ and Interfund Transfers Fiscal Year 2015 OTHER FINANCING 2015 SOURCES FUND GENERAL FUND BOND PROCEEDS INTERFUND TRANSFERS 2015 IN $ 30,000 100,000 358,036 $ $ $ Total General Fund $ 488,036 $ $ $ $ $ $ 57,900 93,480 $ Total Special Revenue Funds $ $ $ 151,380 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ PROCEEDS FROM PROPERTY ACQUISITION CAPITAL LEASE PROCEEDS SPECIAL REVENUE FUNDS LIBRARY ACTIVE ADULT CENTER 151,380 DEBT SERVICE FUNDS $ Total Debt Service Funds $ CAPITAL PROJECTS FUNDS $ Total Capital Projects Funds $ PERMANENT FUNDS $ Total Permanent Funds $ ENTERPRISE FUNDS $ Total Enterprise Funds $ INTERNAL SERVICE FUNDS $ Total Internal Service Funds $ TOTAL ALL FUNDS $ 4/13 488,036 SCHEDULE D 151,380 $ 151,380 CITY OF GLOBE Expenditures/Expenses by Fund Fiscal Year 2015 ADOPTED BUDGETED EXPENDITURES/ EXPENSES 2014 FUND/DEPARTMENT GENERAL FUND MAYOR AND COUNCIL $ COMMUNITY ORGANIZATIONS ADMINISTRATION FIRE POLICE MAGISTRATE SANITATION PARKS CEMETERY MUSEUM ENGINEERING OTHER PUBLIC WORKS Total General Fund $ EXPENDITURE/ EXPENSE ADJUSTMENTS APPROVED 2014 5,691,045 100,000 891,625 1,871,950 2,646,235 244,355 656,500 444,455 166,010 211,655 74,730 $ 12,998,560 $ $ 1,433,435 222,485 2,500,000 226,665 Total Special Revenue Funds $ 4,382,585 ACTUAL EXPENDITURES/ EXPENSES* 2014 579,803 105,516 757,081 1,637,554 2,253,653 141,634 520,380 360,911 56,274 179,276 40,391 39,323 $ $ 6,671,796 $ $ $ 1,049,042 184,515 42,488 172,846 $ 738,767 211,900 2,500,000 193,480 $ $ 1,448,891 $ 3,644,147 $ $ $ $ $ $ $ $ $ $ $ $ 55,705 55,705 $ $ $ $ 6,270 6,270 $ $ 50,350 50,350 $ 4,376,150 2,847,000 $ $ 1,556,828 761,916 $ 4,700,000 2,700,000 Total Enterprise Funds $ 7,223,150 $ $ 2,318,744 $ 7,400,000 24,660,000 $ $ $ $ $ $ 10,445,701 $ $ $ 23,725,117 SPECIAL REVENUE FUNDS HIGHWAY USERS LIBRARY GRANTS ACTIVE ADULT CENTER $ BUDGETED EXPENDITURES/ EXPENSES 2015 20,000 20,000 4,926,012 100,000 917,040 1,791,698 2,631,820 152,740 656,500 167,220 1,287,590 12,630,620 DEBT SERVICE FUNDS $ Total Debt Service Funds $ CAPITAL PROJECTS FUNDS $ Total Capital Projects Funds $ PERMANENT FUNDS VOL FIREMEN'S PENSION $ Total Permanent Funds $ ENTERPRISE FUNDS WATER UTILITY SEWER UTILITY INTERNAL SERVICE FUNDS $ Total Internal Service Funds $ TOTAL ALL FUNDS $ 20,000 * Includes actual expenditures/expenses recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated expenditures/expenses for the remainder of the fiscal year. 4/13 SCHEDULE E CITY OF GLOBE Full-Time Employees and Personnel Compensation Fiscal Year 2015 FUND GENERAL FUND SPECIAL REVENUE FUNDS LIBRARY ACTIVE ADULT CENTER Total Special Revenue Funds Full-Time Equivalent (FTE) 2015 Employee Salaries and Hourly Costs 2015 Retirement Costs 2015 Total Estimated Personnel Compensation 2015 Other Benefit Costs 2015 Healthcare Costs 2015 89 $ 3,508,508 $ 827,447 $ 982,990 $ 337,860 = $ 5,656,805 4 3 $ 109,220 63,913 $ 11,691 7,237 $ 20,820 19,519 $ 8,661 5,918 = $ 150,392 96,587 7 $ 173,133 $ 18,928 $ 40,339 $ 14,579 = $ 246,979 DEBT SERVICE FUNDS Total Debt Service Funds $ $ $ $ $ $ $ $ = $ = $ $ $ $ $ $ $ $ $ = $ = $ $ $ $ $ $ $ $ $ = $ = $ CAPITAL PROJECTS FUNDS Total Capital Projects Funds PERMANENT FUNDS Total Permanent Funds ENTERPRISE FUNDS WATER UTILITY SEWER UTILITY 4/13 12 6 $ 417,504 197,526 $ 48,180 22,795 $ 128,632 51,373 $ 49,202 22,510 = $ 643,518 294,204 Total Enterprise Funds 18 $ 615,030 $ 70,975 $ 180,005 $ 71,712 = $ 937,722 TOTAL ALL FUNDS 114 $ 4,296,671 $ 917,350 $ 1,203,334 $ 424,151 = $ 6,841,506 SCHEDULE G FY2012-2013 Actual FY2013-2014 Budget FY2013-2014 FY2014-2015 Projection Tentative Budget Revenue General Fund Highway User Library Grants Active Adult Center Volunteer Fire Pension Water Sewer SUBTOTAL $8,014,264 $668,539 $126,268 $102,573 $111,814 $1,843 $1,995,830 $810,269 $11,831,400 $10,694,715 $699,630 $126,150 $2,500,000 $106,385 $1,350 $2,302,350 $1,018,485 $17,449,065 $8,299,571 $649,888 $133,454 $58,418 $90,366 $120 $1,969,449 $847,906 $12,049,171 $8,400,000 $738,767 $130,000 $2,500,000 $100,000 $1,350 $2,000,000 $900,000 $14,770,117 Fund Balances General Fund Library Volunteer Fire Pension Water Sewer $3,230,475 $23,790 $54,355 $2,073,800 $1,828,515 $7,210,935 $4,382,000 $24,000 $49,000 $2,700,000 $1,800,000 $8,955,000 $24,660,000 $23,725,117 $270,108 $128,434 $766,272 $1,767,691 $2,563,121 $215,871 $608,734 $346,717 $69,588 $191,632 $21,898 $35,743 $168,486 $70,165 $0 $372,075 $7,335,986 $5,691,045 $100,000 $891,625 $1,871,950 $2,646,235 $244,355 $656,500 $444,455 $166,010 $211,655 $0 $74,730 $0 $0 $0 $0 $12,998,560 $7,043,814 $4,926,012 $100,000 $917,040 $1,791,698 $2,631,820 $152,740 $656,500 $0 $0 $167,220 $0 $0 $0 $0 $1,287,590 $0 $12,630,620 Highway Users Library Grants Active Adult Center Volunteer Fire Pension Water Sewer $1,164,761 $197,163 $102,572 $200,904 $6,951 $2,051,703 $836,207 $1,433,435 $222,485 $2,500,000 $226,665 $55,705 $4,376,150 $2,847,000 $1,049,042 $184,515 $42,488 $172,846 $6,270 $1,556,828 $761,916 $738,767 $211,900 $2,500,000 $193,480 $50,350 $4,700,000 $2,700,000 TOTAL EXPENDITURES $11,896,247 $24,660,000 $10,817,719 $23,725,117 SUBTOTAL TOTAL REVENUE Expenditures General Fund Mayor and Council Community Organizations Administration Fire Police Magistrate Sanitation Parks Cemetery Museum Recreation Engineering Fleet Building Maintenance Public Works Other SUBTOTAL Other Funds