Town of Fountain Hills Fiscal Year 2023 Budget Adopted Version - 6/07/2022 Town of Fountain Hills | Budget Book 2023 Page 1 TABLE OF CONTENTS Introduction Transmittal Letter 4 5 Demographics 6 Organization Chart 10 Fund Structure 11 Budget Schedule and Process 15 Financial and Related Policies 22 Strategic Plan 24 Budget Summary 29 Budget Message 30 Budget Summary 31 Supplements 39 Fund Summaries 42 General Fund 43 Special Revenue Funds 52 Streets Fund 57 Downtown Strategy Fund 62 Economic Development Fund 66 Tourism Fund 70 Special Revenue Fund 74 Public Art Fund 79 Court Enhancement Fund 83 Environmental Fund 87 Cottonwoods Maint Dist 92 Capital Funds Capital Projects Fund 96 101 Development Fee Funds 105 Fire/EMS Dev Fee 109 Streets Dev Fee 113 Park/Rec Dev Fee 116 Internal Service Funds 119 Facilities Reserve Fund 124 Technology Repl Fund 127 Vehicle/Equip Repl Fund 131 Debt Service Funds 136 GO Bond Debt Service Fund 139 Eagle Mountain CFD Debt Service 144 MPC Debt Serv 149 Funding Sources Transaction Privilege Tax (All Funds) 154 155 TPT - General Fund 158 TPT - Streets Fund 160 TPT - Capital Projects Fund 162 Town of Fountain Hills | Budget Book 2023 Page 2 TPT - Economic Development Fund 164 TPT - Downtown Strategy Fund 166 State Shared Revenues (All Funds) 168 State Shared Revenues - General Fund 171 State Shared Revenue - Streets Fund 173 Other Revenues (All Funds) Other Revenues - Licenses & Permits 175 181 Other Revenues - Leases & Rents 185 Other Revenues - Charges for Services 187 Other Revenues - Fines & Forfeitures 190 Other Revenues - Misc 192 Departments/Divisions 200 Mayor & Town Council 201 Administration 204 Town Manager 207 Town Clerk 210 Administrative Services 213 Information Technology 216 Legal Services 219 Purchasing 222 Finance 225 Public Information 228 General Government 231 Municipal Court 234 Economic Development 239 Public Works 244 Development Services 249 Community Services 253 Fire and Emergency Medical Services 257 Law Enforcement 261 Capital Improvements 264 One year plan 265 Multi-year plan 268 Debt 272 Government-wide Debt 273 Debt by Type Overview 274 Schedules & Resources 275 Personnel 276 Comprehensive Fee Schedule 280 Budget Resolution 280 Acronyms 282 Appendix Public Works Requests 284 285 Community Services Requests 338 Glossary 364 Town of Fountain Hills | Budget Book 2023 Page 3 INTRODUCTION Town of Fountain Hills | Budget Book 2023 Page 4 Transmittal Letter Grady Miller, Town Manager Honorable Mayor, Council and Residents, I am pleased to present the adopted budget for Fiscal Year 2022-23, covering the period of July 1, 2022, to June 30, 2023. The budget is not only a policy document, it also sets the financial course for our community, advancing the Town Council’s Strategic Priorities and overall vision for the Town of Fountain Hills. The adopted overall budget for FY 2022-23 increased by $7.0M to <2023_all_funds_expenditures>, which includes <2023_general_fund_expenditures> for the General Fund. The General Fund is the primary fund for most Town operations. Not including the <2023_general_fund_non_departmental> budgeted as contingency, which is necessary to maintain a balanced General Fund budget, the operating budget for the Town increased by $700K. This budget also includes appropriations for thirteen other funds incorporating additional personnel, capital projects, special projects, and operating programs. An additional $5.0M in contingency was added to the Special Revenue Fund in anticipation of possible infrastructure grants becoming available during the fiscal year. The Town of Fountain Hills is committed to continued transparency and financial stability. The Town normally publishes its proposed and adopted budgets in the local newspaper, Fountain Hills' Insider publication, the Town's website, holds open public workshops, and provides an official public hearing on the budget. In addition, this year both the proposed and adopted budgets will be presented on the Town's website using the ClearGov budgeting platform for greater transparency and navigation. The Fiscal Year 2022-23 Budget serves as a fiscally responsible plan and a foundational basis of the Town’s annual operations. I would like to thank the Mayor and Town Council for their guidance and support throughout the development of this adopted budget. In addition, I would like to thank Town staff members for their efforts and hard work in preparing this budget for the Council’s consideration. Respectfully submitted, Grady E. Miller Town Manager Town of Fountain Hills | Budget Book 2023 Page 5 Population Overview TOTAL POPULATION 23,820 GROWTH RANK 3.7% 67 out of 91 vs. 2019 Municipalities in Arizona 25k 22.5k 20k 17.5k 15k 12.5k 10k 02 0 91 2 02 81 02 71 02 61 02 51 02 41 02 31 02 21 02 110 2 01 0 2 90 0 80 2 0 70 2 0 60 2 0 50 2 0 40 2 0 30 2 0 20 2 0 10 2 02 00 0 99 2 9 89 1 9 79 1 9 69 1 9 59 1 9 49 1 9 39 1 9 29 1 9 19 1 91 09 91 * Data Source: U.S. Census Bureau American Community Survey 5-year Data and the 2020, 2010, 2000, and 1990 Decennial Censuses Daytime population represents the effect of persons coming into or leaving a community for work, entertainment, shopping, etc. during the typical workday. An increased daytime population puts greater demand on host community services which directly impacts operational costs. DAYTIME POPULATION 21,841 * Data Source: American Community Survey 5-year estimates POPULATION BY AGE GROUP <5 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-59 60-64 65-74 75-84 >85 Aging affects the needs and lifestyle choices of residents. Municipalities must adjust and plan services accordingly. * Data Source: American Community Survey 5-year estimates Town of Fountain Hills | Budget Book 2023 Page 6 Household Analysis TOTAL HOUSEHOLDS 11,408 Municipalities must consider the dynamics of household types to plan for and provide services effectively. Household type also has a general correlation to income levels which affect the municipal tax base. Family Households Married Couples 28% 24% higher than state average higher than state average Singles Senior Living Alone 9% 16% higher than state average higher than state average 61% 30% 59% 17% * Data Source: American Community Survey 5-year estimates Town of Fountain Hills | Budget Book 2023 Page 7 Economic Analysis Household income is a key data point in evaluating a community’s wealth and spending power. Pay levels and earnings typically vary by geographic regions and should be looked at in context of the overall cost of living. HOUSEHOLD INCOME Ov er $2 0 0 ,0 0 0 Above $200,000 15% $1 50 ,0 0 0 to $2 0 0 ,0 0 0 $1 2 5,0 0 0 to $1 50 ,0 0 0 129% higher than state average $1 0 0 ,0 0 0 to $1 2 5,0 0 0 Median Income $75,0 0 0 to $1 0 0 ,0 0 0 $87,080 42% $50 ,0 0 0 to $75,0 0 0 higher than state average Below $25,000 10% $2 5,0 0 0 to $50 ,0 0 0 43% B elow $2 5,0 0 0 lower than state average * Data Source: American Community Survey 5-year estimates Town of Fountain Hills | Budget Book 2023 Page 8 Housing Overview 2020 MEDIAN HOME VALUE $408,600 HOME OWNERS VS RENTERS Fountain Hills State Avg. 500k 450k 19% 400k Rent 350k 35% 300k 02 02 02 02 02 02 02 02 91 81 71 61 51 41 02 02 02 02 02 31 21 11 01 90 Rent * Data Source: 2020 US Census Bureau (http://www.census.gov/data/developers/data-sets.html), American Community Survey. Home value data includes all types of owner-occupied housing. HOME VALUE DISTRIBUTION > $1,000,000 $750,000 to $999,999 $500,000 to $749,999 $400,000 to $499,999 $300,000 to $399,999 $250,000 to $299,999 $200,000 to $249,999 $150,000 to $199,999 $100,000 to $149,999 $50,000 to $99,999 < $49,999 * Data Source: 2020 US Census Bureau (http://www.census.gov/data/developers/data-sets.html), American Community Survey. Home value data includes all types of owner-occupied housing. Town of Fountain Hills | Budget Book 2023 81% Own 65% Own * Data Source: 2020 US Census Bureau (http://www.census.gov/data/developers/datasets.html), American Community Survey. Home value data includes all types of owner-occupied housing. Page 9 Organization Chart The Organization Chart below graphically depicts the reporting units of the Town. All units, including the Mayor and Town Council, are responsible to the Citizens of Fountain Hills. The chart shows the various operating departments and divisions, as well as the positions that are appointed and services that are contracted. Detailed departmental organization charts may be accessed by clicking on the attachment titled "Town-Wide Organizational Charts" at the bottom of the page. Town of Fountain Hills | Budget Book 2023 Page 10 Fund Structure The accounts of the Town are organized on the basis of funds, each of which is considered a separate accounting entity. Operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures. Town resources are allocated to and accounted for in individual funds based on the purposes for which they are to be spent and the means by which spending activities are controlled. The Town of Fountain Hills appropriates all funds in its budget process. Town of Fountain Hills | Budget Book 2023 Page 11 Funds by Department Governmental Funds Fund Type General Fund Department Total General Fund Mayor & Town Council General Fund Administration General Fund General Government General Fund Municipal Court General Fund Public Works General Fund Development Services General Fund Community Services General Fund Law Enforcement General Fund Fire & Emergency Medical Fund Type Fund Department Special Revenue Total Streets (HURF) Public Works Downtown Strategy Fund Economic Development Economic Development Fund Economic Development Tourism Fund Economic Development Special Revenue Fund Administration Public Art Fund Community Services Court Enhancement Fund Municipal Court Environmental Fund Public Works Cottonwoods Maintenance District Fund Administration Fund Type Fund Department Debt Service Total General Obligation Bond Fund Administration Eagle Mountain CFD Fund Administration Municipal Property Corporation Fund Administration Fund Type Fund Department Capital Projects Total Capital Projects Fund Administration, Community Services, Public Works Development Fees Funds Fire, Public Works, Community Services Fund Type Fund Department Internal Service Total Facilities Reserve Fund Public Works Technology Replacement Fund General Government Vehicle Replacement Fund General Government Budgeted $ 24,804,255 76,619 2,672,360 5,141,607 446,749 1,497,800 1,359,678 3,695,572 5,456,036 4,457,834 Budgeted $ 12,540,331 5,908,110 65,200 225,920 277,114 5,190,000 144,649 89,850 627,100 12,388 Budgeted $ 15,560 350 14,200 1,010 Budgeted $ 8,149,040 8,149,040 GRAND TOTAL ALL FUNDS $ 46,142,486 Town of Fountain Hills | Budget Book 2023 Fund Budgeted $ 633,300 550,000 50,000 33,300 Page 12 Fund Classifications and Descriptions General Fund The General Fund (Fund 100) is the primary operating fund of the Town and accounts for the resources and uses of various Fountain Hills departments. It exists to account for the financing of services traditionally associated with local government. These services include police and fire protection, development services (planning & zoning/building safety/code enforcement/GIS), public works (facilities/engineering), community services (parks and recreation/community center/senior services), general administration, and any other activity for which a special fund has not been created. Governmental accounting requires the General Fund be used for all financial resources except those required to be accounted for in another fund and have designations of non-spendable, restricted, committed, assigned or unassigned. Special Revenue Funds Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes, designated as committed or restricted. The Town maintains the following Special Revenue Funds: The Streets (HURF) Fund (Fund 200) is funded by .2% of local sales tax, State-shared revenues and transfers from the Capital Improvement Fund. The State of Arizona taxes motor fuels and collects a variety of fees and charges relating to the registration and operation of motor vehicles. These revenues are deposited in the Arizona Highway User Revenue Fund (HURF) and are then distributed to the cities, towns, and counties and to the State Highway Fund. This fund may only be used for street and highway purposes and is a restricted fund. The Downtown Strategy Fund (Fund 300) is a committed fund which may only be used for development of the downtown. Revenue for this fund comes from the 20% of the .1% of local sales tax collections that have been dedicated for this purpose. The Economic Development Fund (Fund 310) is a committed fund which may only be used for economic development. Revenue for this fund comes from the 80% of the .1% of local sales tax collections that have been dedicated for this purpose. The Tourism Fund (Fund 320) is a committed fund which may only be used for tourism. Revenue for this fund is provided by a transfer from the Economic Development Fund and grant money. The Special Revenue/Grants Fund (Fund 400) is restricted by the terms of the individual grants or program funds received. An example of this would be state or federal funds. These funds are to be used only for the specific program or programs for which the funds have been awarded and in accordance with all the grant conditions. The Public Art Fund (Fund 410) is funded by developer in-lieu contributions. These funds may only be used for the maintenance of art and for the installation of this art throughout the community. This fund has a committed fund balance. The Court Enhancement Fund (Fund 420) is a restricted fund which may only be used to enhance the technological, operational and security capabilities of the Fountain Hills Municipal Court and to support the operation of the Court collection program. Revenues are derived from court fees and bond forfeitures. The Environmental Fund (Fund 460) is an assigned fund which may only be used to help offset the costs of stormwater management and air quality permit requirements as well as other environmental programs. These items include, but are not limited to, permit fees, wash maintenance, ADWR dam inspection and maintenance, street sweeping, storm drain cleaning and household hazardous waste disposal. Revenues were originally derived from the annual environmental fee billed to Town residents; however, the Fund is now funded through transfers from the General Fund. The Cottonwoods Maintenance District Fund (Fund 550) is a restricted fund which may only be used for maintenance of the Cottonwoods Maintenance District. Revenues are derived from a secondary property tax. Debt Service Funds Debt Service Funds are established for the payment of principal and interest on bonded indebtedness. Revenues are derived from a secondary property tax levy, and municipal property lease payments. (The 0.2% of local sales tax previously dedicated to mountain preserve bonds has been redirected to the Highway User Revenue Fund for the pavement management program.) Revenues are received in amounts sufficient to pay the annual debt service payment; therefore, the fund balance will be no less than the annual debt service payment due on July 1 of the new fiscal year plus an amount equal to the average annual delinquency factor based on the prior three years’ delinquency rate, categorized as restricted. Town of Fountain Hills | Budget Book 2023 Page 13 Debt Service Funds include: General Obligation Debt Service (Fund 510) Eagle Mountain CFD Debt Service (Fund 520) Municipal Property Corporation Debt Service (Fund 530) Capital Project Funds Capital Project Funds are used for the acquisition and/or construction of major capital items including facilities, heavy equipment, technology, open space, park improvements, and major road improvements. The Capital Projects Fund (Fund 600) revenues are committed revenues derived from excess General Fund revenues and 50% of the construction related local sales tax. The Capital Projects Fund is the primary funding source for the Town's capital improvements. The Development Fee Funds (Funds 710-770) are restricted funds which may only be used for the planning, design, and construction of public facilities serving the needs of the new development from which it was collected and designated as restricted. The Town has developed an Infrastructure Improvement Plan (IIP) that identifies each public improvement that is proposed to be the subject of a development fee. This IIP is incorporated as part of the Town’s Capital Improvement Program (CIP). Development Fee funds now only include: Fire & Emergency (Fund 720) Streets (Fund 730) Parks/Recreation (Fund 740) Internal Service Funds The Internal Service Funds are used to account for the Town’s business-type activities. These funds are considered selfsupporting in that the services rendered are financed through user charges or are on a cost reimbursement basis. These funds are classified as having assigned fund balances. Internal Service Funds include: Facilities Replacement Fund (610) Technology Replacement Fund (Fund 800) Vehicle Replacement Fund (Fund 810) Town of Fountain Hills | Budget Book 2023 Page 14 Summary Budget Schedule Nov 18, 2021 Budget Kick-Off Meeting with Staff Nov 23, 2021 CIP & Facilities Reserve Meeting with Staff Jan 18, 2022 Beginning of Departmental Budget Meetings with Town Manager Jan 25, 2022 Mayor's State of the Town Address (Public Welcome) Feb 22, 2022 Town Council Retreat (Public Welcome) Mar 22, 2022 Town Council Special Session to review Proposed Capital Projects (Public Welcome) Apr 12, 2022 Town Council Special Session to Review Proposed Budget (Public Welcome) May 3, 2022 Town Council & Special District Meetings to Adopt Tentative Budgets (Public Welcome) Jun 7, 2022 Town Council & Special District Meetings to Hold Public Hearings and Adopt Final Budgets (Public Welcome) Jun 21, 2022 Town Council and Special District Meeting(s) to Adopt Tax Levy, if necessary (Public Welcome) Town of Fountain Hills | Budget Book 2023 Page 15 Detailed Budget Schedule Town of Fountain Hills | Budget Book 2023 Page 16 Planning Process A number of planning processes are in place to guide the Town’s decision making. Many of these processes allow for direct citizen input through public hearings, community meetings or participation in Council-appointed committees. The Town’s planning processes include: Planning Process Town Vision, Mission, Goals and Values Description Sets the overall tone of the organization and guides employees in managing the daily operations of the Town. A guide designed to encourage the most appropriate use of land and resources within the Town consistent with the interest of the citizens. The General Plan sets forth General Plan goals,objectives, policies and implementation techniques that will guide the development activity within the Town and promote, preserve and protect the health, safety, and general welfare of its citizens. A five-year guide to assist in long range planning for the Town’s capital needs. Details Capital Improvement Program of the adopted Capital Improvement Plan are found in the Capital Improvements section of this book. Policies guiding the financial management of the Town of Fountain Hills are approved Fiscal Policy Guidelines by the Town Council to ensure a fiscally sound government. The adoption of and compliance with these policies is an important factor in Rating Agency reviews. Town staff develops a recommended budget. Many of the decisions included in that Annual Budget Process recommendation are driven by processes noted above. A summary of the Town’s budget process can be found below. A five-year financial forecast is developed annually as a tool to anticipate potential Five Year Financial Plan budget imbalances. Town of Fountain Hills | Budget Book 2023 Page 17 Budget Process Mission of the Budget Process Communication and involvement with citizens and other stakeholders is stressed. The broad nature of the budget mission allows issues to be addressed that have limited the success of budgeting in the past. Apathy is a serious illness of government; it is in the best interests of government to have involved stakeholders. The term stakeholder refers to anyone affected by or who has a stake in government. This term stakeholder includes, but is not limited to, citizens, customers, elected officials, management, employees and their representatives, businesses, vendors, other governments, and the media. It is vital that the budget processes include diverse stakeholders. Each year, the Town of Fountain Hills budget is developed from the Town Council’s priorities by the Finance Division with the individual Departments and the Town Manager. Meetings with each Department, the Town Manager and the Finance Division are held during the months of February/March. After these meetings are completed, a proposed Townwide balanced budget is prepared for submittal to the full Town Council and public in April/May. Recommended Budget Practices The Town of Fountain Hills budget process is designed to meet citizens’ needs for information and input; decision makers’ needs for information and advice from citizens on their desired blend of services; and the time line set by the State of Arizona through the Arizona Budget Law. The Town of Fountain Hills budget process incorporates the recommended practices promulgated by the National Advisory Council on State and Local Budgeting (NACSLB) and the Government Finance Officers Association (GFOA). Concurrently, Town staff apply diligent effort into improving the processes, decisions and outcomes with each new budget year. The NACSLB’s practices encourage governments to consider the long-term consequences of actions to ensure that impacts of budget decisions are understood over a multi-year planning horizon and to assess whether program and service levels can be sustained. Budget Definition All cities and towns in Arizona are required to adopt an annual budget. State law dictates that fiscal years begin on July 1 and end on June 30. Certain parts of the budget document, such as summaries of revenues and expenditures showing two years of spending history, are required by State law. A good budget process is characterized by several essential features: Incorporates a long-term perspective Establishes linkages to broad goals Focuses budget decisions on results and outcomes Involves and promotes effective communication with stakeholders Provides incentives to government management and employees These key characteristics of good budgeting make clear that the budget process is not simply an exercise in balancing revenues and expenditures one year at a time, but is strategic in nature, encompassing a multi-year financial and operating plan that allocates resources on the basis of identified goals. A good budget process moves beyond the traditional concept of line-item expenditure control, providing incentives and flexibility to managers that can lead to improved program efficiency and effectiveness. Principles and Elements of the Budget Process The budget process consists of four broad principles that stem from the definition and mission previously described. These principles are as follows: 1. A government should have broad goals that provide overall direction for the government and serve as a basis for decision making. 2. A government should have specific policies, plans, programs and man-agreement strategies to define how it will achieve its long-term goals. 3. A financial plan and budget that moves toward Town achievement of goals, within the constraints of available resources, should be prepared and adopted. 4. Program and financial performance should be continually evaluated, and adjustments made, to encourage progress toward achieving goals. Town of Fountain Hills | Budget Book 2023 Page 18 These principles encompass many functions that spread across a governmental organization. They reflect the fact that development of a balanced budget is a political and managerial process that also has financial and technical dimensions. Each of the principles of the budget process incorporates components or elements that represent achievable results. These elements help translate the guiding principles into action components. Individual budgetary practices are derived from these elements. The principles and elements provide a structure to categorize budgetary practices. The Town of Fountain Hills has broad goals that provide overall direction for the government and serves as a basis for decision-making. Assess community needs, priorities, challenges and opportunities Identify opportunities and challenges for governmental services, capital assets, and management Develop and disseminate broad goals Develop approaches to achieve goals – a government should have specific policies, plans, programs, and management strategies to define how it will achieve its long-term goals Adopt financial policies Develop programmatic, operating, and capital policies and plans Develop programs and services that are consistent with policies and plans Develop management strategies Develop a budget consistent with approaches to achieve goals – a financial plan and budget that moves toward achievement of goals, within the constraints of available resources, should be prepared and adopted Develop a process for preparing and adopting a budget Develop and evaluate financial options Make choices necessary to adopt a budget Evaluate performance and make adjustments – program and financial performance should be continually evaluated, and adjustments made, to encourage progress toward achieving goals Monitor, measure, and evaluate performance Make adjustments as needed When does the “budget season” start? The budget process typically begins in December or January when the Finance Division begins to review current levels of service, Council goals and objectives as identified at the annual Council retreat, proposed capital improvements, and financial forecasts. In reality, the budget process for the Town is actually an ongoing process. Throughout the fiscal year, citizens and staff submit suggestions for new services, regulations, funding sources, and improved service delivery, as well as concerns to the Town Council and Commissions for discussion, study, and/or implementation. Commissions develop plans for new or enhanced programs to be included in the following year’s budget proposal. Implementing, Monitoring, and Amending the Budget A budget is an annual planning tool — it identifies the Town’s work plan and matches the financial, material, and human resources available with the requirements to complete the work plan. The budget includes information about the organization and identifies the Council policy that directed the budget preparation. Although a budget is often discussed as a financial document, the financial portion means very little without the policy and administrative information that explains what the organization intends to do with the financial resources. In July, the Town staff begins the process of implementing the newly adopted budget and is accountable for budgetary control throughout the fiscal year. Revenue and expenditure patterns are examined, compared to budget plans, and corrective action, if necessary, is taken during the fiscal year. Town management has access to a monthly budget and activity report; the Town Council is provided a summary budget report at the end of each quarter disclosing actual revenue, expenditure, and fund balance performance as compared to the budget. The Town of Fountain Hills budget is adopted at a Department level and the Capital Improvement Program is adopted at a project level. Control of each legally adopted annual budget is at the Department level; the Town Manager may, at any time, transfer any unencumbered appropriation balance or portion thereof between general classifications of expenditure (line items) within a Department. The items are reduced by a like amount. At the request of the Town Manager, the Council may transfer any unencumbered appropriation balance or portion thereof between one Department to another. Town of Fountain Hills | Budget Book 2023 Page 19 Pursuant to Arizona Revised Statutes, “No expenditure shall be made for a purpose not included in such budget...”. Thus, a contingency line item is included within the General Fund to accommodate most unplanned expenditures. The other option in amending the budget, according to State law, is for the Council to declare an emergency and then transfer the monies from one line item or Department to another. In essence, any approved Council transfers do amend the budget although the budget is never reprinted. What funds are included in this budget? The accounts of the Town are organized on the basis of funds, each of which is considered a separate accounting entity. Government resources are allocated to and accounted for in individual funds based on the purposes for which they are to be spent and the means by which spending activities are controlled. The Town of Fountain Hills appropriates all funds in its budget process: General Fund – revenues and expenditures to carry out basic governmental activities such as police and fire, recreation, planning, legal services, administrative services, etc. (unrestricted). Special Revenue Funds – revenues derived from specific taxes or other earmarked revenue sources, usually required by statute or ordinance to finance particular activities. Streets (HURF) Fund, grants, and the Excise Tax Funds are examples of special revenue funds. Debt Service Funds – established to account for the accumulation of resources for, and the payment of, general long-term debt principal and interest. Municipal Property Corporation (MPC) and Community Facilities District (CFD) funds are included within the debt service funds. Capital Projects Funds – to account for the purchase or construction of major capital facilities, heavy equipment, park improvements and major road improvements. The Capital Projects Fund revenues are derived from excess General Fund revenues and 50% of the construction related local sales tax. These funds also include the Facilities Replacement Fund and the Development Fee Funds. When can a citizen have input into the budget process? Town staff welcomes comments and suggestions throughout the year. The first opportunity for the Town Council to contribute to the budget is during the annual goal setting retreat which is typically held around the beginning of the calendar year. The proposed budget is presented to the public and Town Council in April/May at which time a public hearing is held to receive input. This hearing is the opportunity to increase the budget for the next fiscal year before the maximum spending amount is established. Once the maximum spending amount is adopted as the tentative budget, line items can only be exchanged or decreased prior to the budget’s final adoption. Budgetary Basis and Accounting Basis The budget is prepared on a budgetary basis for all fund types. Using a budgetary basis, certain transactions are recognized in the budget in a manner other than Generally Accepted Accounting Principles (GAAP), which is the accounting basis used to prepare the Town’s Annual Financial Report (AFR). According to GAAP, expenditures are recorded when the related fund liability is incurred, and revenues are recognized only when they are measurable and available. In all cases, when goods and services are not received by year-end, the budgetary encumbrances lapse. The major differences between the budgetary and GAAP basis are: Certain revenues, expenditures and transfers are not included on a budgetary basis, but are accrued and reported on a GAAP basis. For example, increases or decreases in compensated absences are not reported for budgetary purposes, but are presented as revenues or expenditures on a GAAP basis. Depreciation is not budgeted as an expense in budgetary accounting. Capital outlays are an expenditure in budgetary accounting and an asset in GAAP. Certain debt service principal and interest payments are accounted for as expenditures in the General Fund on a budgetary basis, but are reported as expenses in the Debt Service Fund on the GAAP basis. All actual amounts in the budget document are shown on a budgetary basis to facilitate meaningful comparisons. Town of Fountain Hills | Budget Book 2023 Page 20 Operating and Capital Budget Relationship Included within the annual budget is a Capital Improvement Program presented on a budgetary basis. Capital project budget funding sources are matched with budgeted expenditures. Governmental accounting procedures do not require adequate budget to pay for an entire contract to be available and appropriated in the period in which a contract is entered. Therefore, expenditures are presented on a budgetary basis which is a cash flow model. For example, a 180 day construction contract entered into in May of fiscal year one would have cash expenditures from May of fiscal year one through October of fiscal year two; however, the entire budget for this project would not be appropriated in fiscal year one, the year in which the contract was entered. Any unspent funds at fiscal year-end are carried forward and budgeted again in fiscal year two. Town of Fountain Hills | Budget Book 2023 Page 21 Financial and Related Policies Financial policies are established and updated by resolutions passed and adopted by the Town Council, as necessary, to ensure the Town’s financial security. The following policies provide a foundation of sound financial principles and internal controls for the safeguarding of the Town’s financial resources. For the full resolution and associated policy, click on the blue hyperlinks below. Visit www.fh.az.gov (http://www.fh.az.gov) for more Town information, historical budgets, and annual financial reports. Financial Policies Resolution 2020-16 (https://www.fh.az.gov/DocumentCenter/View/3109/Financial-Policies-PDF) adopted by Town Council on May 5, 2020 The Mayor and Town Council of the Town of Fountain Hills understands that principles of sound financial management establish the framework for overall fiscal planning and management. The principles set forth guidelines for both current activities and long range planning. Following these principles will enhance the Town’s financial health as well as its image and credibility with its citizens, the public in general, bond rating agencies and investors. The policies will be reviewed periodically to assure the highest standards of fiscal management. Policy changes will be needed as the Town continues to grow and becomes more diverse and complex in the services it provides, as well as the organization under which it operates, to provide these services to its citizens. The Town Manager and staff have the primary role of reviewing and providing guidance in the financial area to the Town Council. Capital Asset Policy Resolution 2015-31 (https://www.fh.az.gov/DocumentCenter/View/1527/Capital-Asset-Policy-PDF) adopted by Town Council on August 6, 2015 The purpose of this Capital Asset Policy is to establish policies and procedures for the Town of Fountain Hills, Arizona regarding the treatment of all long-lived tangible resources, whether capitalized or expensed. This Policy enumerates specific types of long-lived resources and particular activities that may affect, or may be required for, all types of longlived tangible resources. This Policy attempts to reconcile modern, professional accounting standards with practical fiscal management considerations. Procurement Policy Resolution 2016-36 (https://www.fh.az.gov/DocumentCenter/View/1532/Procurement-Policy-PDF) adopted by Town Council on December 1, 2016 It is the policy of the Town of Fountain Hills to promote and facilitate economical and timely acquisitions from sources of supplies, equipment and services necessary for Town Departments to accomplish their assigned responsibilities, while ensuring a fair and open process that maximizes competition. It is the policy of the Town that the acquisition process is carried out in compliance with the Town Procurement Code, which is set forth in Article 3-3 of the Fountain Hills Town Code (the “Procurement Code”) and ordinances and the administrative policies and procedures set forth herein (the Procurement Policy”). The Town Manager or authorized designee (the Procurement Agent”) is charged with the responsibility of implementing the Procurement Code and this Procurement Policy. Capitalized terms used in this Procurement Policy and not otherwise defined shall have the meaning set forth in the Procurement Code. Grant Administration Policy Resolution 2016-19 (https://www.fh.az.gov/DocumentCenter/View/1531/Grant-Administration-Policy-PDF) adopted by Town Council on August 18, 2016 The purpose of this grant administration policy is to establish uniform policies and procedures throughout the Town of Fountain Hills to be used when applying for, accepting and administering federal, state, county, private foundation and corporate grants, sponsorships and donations. This document describes the grant administration process and identifies the roles and responsibilities of the Department Directors, Risk Management, Information Technology, Finance and the Grant Project Manager. Definitions of certain terms can be found in Section III. Issuance and Post-Issuance Compliance Resolution 2014-03 (https://www.fh.az.gov/DocumentCenter/View/1529/Issuance-and-Post-Issuance-Compliance-PDF) adopted by Town Council on March 20, 2014 Many conditions, restrictions and requirements must be complied with to permit and preserve the tax-exempt, tax credit or direct federal subsidy treatment of general obligation bonds, revenue bonds, lease-purchase agreements, and other tax-exempt financings by the Town of Fountain Hills, Arizona (the "Town"). Prior to issuance, the Town and its bond Town of Fountain Hills | Budget Book 2023 Page 22 counsel will review the facts and the reasonable expectations to determine if the issue will comply with these conditions, restrictions and requirements at the time of issuance. There are certain actions the Town must perform after issuance to preserve the favorable tax treatment and certain actions of the Town after issuance can adversely affect the tax treatment. In addition, the Town must maintain proper records to demonstrate compliance. Because tax benefits may be critical to the investors' decision to purchase the bonds or other obligations, the Town will covenant with the bond purchasers to comply with all of the conditions, restrictions and requirements throughout the life of the bonds. Town of Fountain Hills | Budget Book 2023 Page 23 Strategic Plan FOREWORD BY MAYOR GINNY DICKEY I am pleased to introduce the Town of Fountain Hills Strategic Plan 2022, a ten-year roadmap that your Town Council, administrative staff and partner organizations will use in fulfilling the goals and supporting tasks necessary to preserve our distinctive, vibrant community. The Strategic Plan will be integrated into the Town’s daily operations and collaborations. It is the culmination of ongoing activity over the past eighteen months and was led by seven community volunteers on the Strategic Planning Advisory Commission. In keeping with the keynote theme of collaboration the Commission reached out to local stakeholders, businesses, Town staff and residents during the Plan’s development to solicit feedback and support. Strategic Plan 2022 is designed to remain viable, flexible, and relevant during its life cycle. Its priorities are set to align with the core responsibilities of Town Government while acknowledging the importance of building partnerships in this evolving age of technological advancements. Town of Fountain Hills | Budget Book 2023 Page 24 Executive Summary Overview The motto for the town of Fountain Hills is “All that is Arizona”. This is certainly an appropriate portrayal of a community that combines stunning natural beauty with a safe, up-scale, and in many ways, idyllic setting. In Fountain Hills, neighbors share a commitment to community that makes small town life so appealing, without losing big city advantages. The Town’s Strategic Planning Advisory Commission, consisting of seven volunteer citizens, sought to fashion a ten-year strategic plan that is aligned with the community’s priorities and expectations of principled and steady progress without putting at risk the things that make Fountain Hills such a special place to live. Strategic Plan Focus The Strategic Plan focuses on enhancing Fountain Hill's appeal as a small town in the orbit of a large urban environment by honoring traditional values, environmental uniqueness, stability, sustainability, and flexibility in preparing for the future. This is evident in Fountain Hill's Key Organizational Goals which aim to: improve public areas including infrastructure and Town facilities; enhance public safety and the overall quality of life, promote economic development, and ensure the Town’s financial stability. Guiding Principles The principles that guided the Commission through the creation of this plan included the understanding that the various tasks had to be manageable or attainable by the Town over a 10-year horizon. The progress by the Town in achieving success had to be measurable over time and lastly this Strategic Plan needed to be impactful and not merely a rehash of projects that the Town is already working towards. Planning Acknowledgements The Commission took into account realities that exist when planning for a small town. First, Fountain Hills has limited resources and undergoes an annual economic seasonality that creates revenue variability. The Town is blessed with a strong and talented volunteer base along with its unmatched natural beauty. Lastly, since the Town is essentially surrounded by land that is limited in its development potential, there is minimal expectations for residential growth. Community and Stakeholder Input In approaching the task of writing a strategic plan the Commission first sought to understand and give voice to the Fountain Hills citizens, local leaders, and historical documents. The Commission did this by engaging local business, civic, education and government leaders for input, observations, and experiences. Next the Commission reviewed and assessed the ongoing impact of the Town’s 2015 strategic plan that was subsequently updated in 2017. Most importantly, the commission collaborated with the non-profit volunteer group named ‘Vision Fountain Hills’, to survey over 900 Fountain Hills residents on their thoughts and views of important past, and current issues. The results of the survey showed that respondents primary community interests were: Business Development Technology Services Town’s Condition The Environment Town Finances Safety Keynote Themes used in the Plan’s Development When developing the 2022 Fountain Hills Strategic Plan the Commission held to three important themes throughout the process. First was the emphasis on collaborative partnering. Wherever possible tasks were constructed in a way to allow collaboration and/or partnering between the Town and interested stakeholders. Second was the absolute need for transparency and ownership so that readers of the plan have confidence in the process used in developing relevant strategies and their effective implementation. Third was their unwavering understanding that stewardship of our local environment was paramount and must be addressed specifically and consistently throughout the strategic plan. Strategic Priorities The four Strategic Priorities identified and expanded upon in this plan, represent the overriding areas of focus: Targeted Collaborative Economic Development Promote the Long-Term Financial Sustainability of Town Infrastructure, Environmental and Social Resources Continue to Improve the Public Health, Well-Being, and Safety of our Town Maintain Current Infrastructure while Preparing the Town for Emerging Trends that Increase Public Safety and Quality of Life Town of Fountain Hills | Budget Book 2023 Page 25 Strategic Plan Structure Underneath the four Strategic Priorities (SP) there are 11 Signature Strategies (SS) and under the Signature Strategies there are 23 Supporting Tasks (ST). Thus, the structure of this plan is built to flow from a Strategic Priority to a Signature Strategy to a specific Supporting Task. In this way we can show bi-directionally, both how a Strategic Priority results in a set of Supporting Tasks and how a specific Supporting Task ties back to a larger Strategic Priority. Each Supporting Task is further delineated with an expected timeline to implementation (in years), estimated complexity (scale of 1-5 with 5 being most complex), and an annotation of the potential for collaboration (y/n) between the Town of Fountain Hills and a stakeholder or interested party. Moving Forward The success of The Town of Fountain Hills Strategic Plan 2022 depends on an effective communications (internal and external) plan and monitoring process that supports its implementation. Thus, the Strategic Planning Advisory Commission has included a Communication and Monitoring Plan, (located in the appendices) that lays out avenues of communication between the Mayor, Town Council, Town Staff, and the Citizens of Fountain Hills concerning the implemention of this Plan. Strategic Planning Advisory Commission of Fountain Hills Commissioners: Chair: John Craft Vice Chair: Patrick Garman Chad Bernick, Gerard Bisceglia, Mary Edman Bernie Hoenle, Cynthia Magazine Town of Fountain Hills | Budget Book 2023 Page 26 Strategic Priorities 1. Targeted Collaborative Economic Development 1. Signature Strategy - Retain existing businesses and attract new ones 1. Supporting Task - Develop and promote an effective brand image to prospective businesses and residents 2. Supporting Task - Develop strategies for retaining existing businesses and attracting new one from the following sectors: 1) Health and Wellness, 2) Professional Services, and 3) S.T.E.M. 3. Supporting Task - Continue to maintain an economic development webpage and add a business metrics database 4. Supporting Task - Identify ways to streamline the building permitting process 2. Signature Strategy - Lead the formation of collaborative economic development groups 1. Supporting Task - Coordinate periodic meetings between the Town of Fountain Hills, Fountain Hills Chamber of Commerce, Ft. McDowell Yavapai Nation, Salt River Maricopa Pima Indian Community, to discuss the local expansion of business and tourism opportunities 2. Supporting Task - Form a business professional advisory group 2. Promote the Long-Term Financial Sustainability of Town Infrastructure, Environmental and Social Resources 1. Signature Strategy - Maintain transparency by communicating the Town’s finances to the public 1. Supporting Task - Hold public meetings twice a year, separate from council meetings, to present the Town’s finances 2. Supporting Task - Conduct a regularly occurring community survey in order to track satisfaction levels with Town services 2. Signature Strategy - Promote the long-term financial health and stability of the Town 1. Supporting Task - Produce and publish a five-year financial plan with revenue and expenditure forecasts 2. Supporting Task - Update the current Facilities Reserve Study to identify lifecycle replacement and repair of facilities and infrastructure 3. Supporting Task - Utilize the services of an experienced grant researcher and writer 3. Signature Strategy - Periodically review Town services to identify opportunities for improving efficiency and effectiveness 1. Supporting Task - Conduct a feasibility analysis of government services provided by the Town 2. Supporting Task - Promote e-government and electronic transactions to improve customer convenience and operational efficiencies 3. Continue to Improve the Public Health, Well-Being, and Safety of our Town 1. Signature Strategy - Promote the natural and built environment of Fountain Hills to improve the public health, well-being, and safety of the community 1. Supporting Task - Continue to expand and connect open space and recreational facilities to create opportunities for physical activities 2. Supporting Task - Work with local environmental organizations in strengthening our community’s connection with its natural surroundings 3. Supporting Task - Incorporate public health, well-being, and safety in Fountain Hills policies when relevant 4. Supporting Task - Create and publicize an Environmental Plan for Fountain Hills 2. Signature Strategy - Promote Fountain Hills as a community focused on public health, well-being, and safety 1. Supporting Task - Support the expansion of preventive health and wellness access within the Fountain Hills community 4. Maintain Current Infrastructure while Preparing the Town for Emerging Trends that Increase Public Safety and Quality of Life 1. Signature Strategy - Develop an investment plan and schedule to maintain/bring FH’s streets, medians, buildings, and parks to established standards 1. Supporting Task - Develop a detailed Infrastructure Condition Report with a scoring mechanism for evaluating and reporting the functionality, appearance, and upkeep of the Town’s fixed assets 2. Signature Strategy - Support local Broadband strategic buildouts and deployment efforts while ensuring the preservation of conduit and right of way for future technologies 1. Supporting Task - Make co-location of broadband a requirement with existing infrastructure planning as a condition of permit use or where public funding is provided 3. Signature Strategy - Increase the ease and safety of multi-use aspects of Fountain Hills roads 1. Supporting Task - The Fountain Hills Town Council Subcommittee onPedestrian and Traffic Safety will continue to identify roads where lack of an interconnected sidewalk system increases risk to pedestrians and will continue to update and schedule to remedy 2. Supporting Task - Develop a comprehensive bicycle master plan. A successful plan will focus on developing a seamless cycling network that emphasizes short trip distances, multi-modal trips, and is complemented by encouragement, education, and enforcement programs to increase usage Town of Fountain Hills | Budget Book 2023 Page 27 4. Signature Strategy - Utilize services provided by other government agenciesand outside entities e.g. private companies, non-profit organizations, and volunteer groups in evaluating and supporting the health of Fountain Hills parks 1. Supporting Task - Utilize nationally recognized standards for maintenance of the Town's park system The full Strategic Plan 2022 can be accessed by clicking here . Town of Fountain Hills | Budget Book 2023 Page 28 BUDGET SUMMARY Town of Fountain Hills | Budget Book 2023 Page 29 Budget Message The Town of Fountain Hills maintains a conservative approach during the development of its annual budgets. Revenue estimates are based on historical data using trend analysis and 95% confidence levels. In addition, transaction privilege tax (TPT), also referred to as sales tax, estimates do not include revenue from incomplete multi-family residential construction projects. The resulting revenue projections typically underestimate the actual revenues received over the course of the budgeted year. Expenditure budgets, on the other hand, start with the various departmental base budgets from the prior year. Each department then has the opportunity to submit budget supplements to the Town Manager for consideration. If approved by the Town Manager, the supplement is added to the department's base budget and presented to Council for final approval. Departmental budget control is maintained throughout the year and often results in annual budget savings for the year. At fiscal year-end, once the annual financials have been audited by an outside governmental accounting firm, the Town transfers any excess unassigned General Fund balance to the Capital Project Fund. Excess fund balance is determined by Council-approved financial policies. In general, the ending unassigned fund balance is first committed to funding the Stabilization Fund, then setting aside unassigned fund balance, funding suggested interfund transfers, with the remaining balance transferred to the Capital Project Fund. This policy ensures that the Town has adequate operating resources and reserves in case of unforeseen revenue loss or emergencies. There were many considerations that were taken into account for the upcoming fiscal year. These included the ongoing effects of the pandemic recovery, the potential of continued fiscal stimulus received from the Federal and State governments, the effects of monetary policies on consumer demand, and the anticipated effects of travel restrictions on seasonal residents and tourism. Each of these considerations were addressed in the Town's revenue projections, as well as potential expenditures to forego if those projections are not realized. As required by Arizona Statute, the Town maintained a balanced General Fund budget. The overall adopted budget for FY 2022-23 increased by $7.0M to <2023_all_funds_expenditures>, which includes <2023_general_fund_expenditures> for the General Fund. The General Fund is the primary fund for most Town operations. Not including the <2023_general_fund_non_departmental> budgeted as contingency, which is necessary to maintain a balanced General Fund budget, the operating budget for the Town increased by $700K. This budget also includes appropriations for thirteen other funds incorporating additional personnel, capital projects, special projects, and operating programs. An additional $5.0M in contingency was added to the Special Revenue Fund in anticipation of possible infrastructure grants becoming available during the fiscal year. Long-term financial plans for the Town use similar approaches to develop both five-year revenue and five-year expenditure forecasts. Capital Improvement Projects are included with the expected expenditure amounts. Since the Town relies heavily on revenue generated from sales within the Town and intergovernmental revenue that is subject to legislative changes, the Town must use economic and growth assumptions that may or may not be realized. With this in mind, the assumptions are revised each year based on historical data and any changes to expected capital projects. All of the above considerations are followed to ensure that the Town remains a conservative steward of financial resources while also providing quality services and ensuring public safety. Between its annual budget and subsequent annual financials, the Town maintains transparency of all of its financial activities. All interested parties may view the Town's budgets and audited financials at the Town's public website . Town of Fountain Hills | Budget Book 2023 Page 30 Budget Summary Total Revenues by Type Intergovernmental Revenue (Budgeted)$22,839,452 Taxes (Budgeted)$17,374,552 Licenses & Permits (Budgeted)$1,123,980 Charges For Services (Budgeted)$443,475 Leases & Rents (Budgeted)$299,872 Fines & Forfeitures (Budgeted)$254,000 Other (Budgeted)$136,265 Investment Earnings (Budgeted)$55,692 Town of Fountain Hills | Budget Book 2023 Total Expenditures by Type Contractual Services (Budgeted)$12,978,053 Contingency (Budgeted)$10,942,809 Capital Expenditures (Budgeted)$7,897,700 Maintenance & Repair (Budgeted)$5,508,855 Wages (Budgeted)$5,170,979 Benefits (Budgeted)$1,256,085 Utilities (Budgeted)$802,609 Internal Service (Budgeted)$394,324 Supplies (Budgeted)$339,181 Equipment/Improvemen (Budgeted)$269,060 Employment Taxes (Budgeted)$249,502 Meetings & Training (Budgeted)$143,738 Dues & Memberships (Budgeted)$121,041 Damages/Vandalism (Budgeted)$53,000 Debt Service (Budgeted)$15,550 Page 31 Town-Wide Revenues - All Funds Revenues by Fund General Fund (Budgeted)$24,804,255.00 Special Revenue Fund (Budgeted)$11,190,000.00 Streets Fund (Budgeted)$4,017,557.00 Capital Projects Fund (Budgeted)$1,221,951.00 Economic Development Fund (Budgeted)$479,261.00 Streets Dev Fee (Budgeted)$240,438.00 Park/Rec Dev Fee (Budgeted)$205,348.00 Downtown Strategy Fund (Budgeted)$121,015.00 Public Art Fund (Budgeted)$100,240.00 Tourism Fund (Budgeted)$65,180.00 Court Enhancement Fund (Budgeted)$49,900.00 Fire/EMS Dev Fee (Budgeted)$16,221.00 Cottonwoods Maint Dist (Budgeted)$8,742.00 Environmental Fund (Budgeted)$2,400.00 Eagle Mtn CFD Debt Serv (Budgeted)$1,480.00 GO Bond Debt Serv (Budgeted)$1,200.00 Facilities Reserve Fund (Budgeted)$1,000.00 Vehicle/Equip Repl Fund (Budgeted)$1,000.00 MPC Debt Serv (Budgeted)$100.00 Technology Repl Fund (Budgeted)$0.00 Town of Fountain Hills | Budget Book 2023 Page 32 Town-Wide Revenues - All Funds FY22-23 Adopted Budget Summary of Revenues Description General Fund Sales Tax-Local Franchise Fees Liquor License Fees Business License Building Permit Sign Permits Planning & Zoning Fees Landscape Permits Encroachment Permits Variances Subdivision Fees Special Event Permit Engineering Fees Plan Review Inspection Fees Alcohol Permits Third Party Revenues Rental Fees Non-Taxable Rental Cell Tower Lease Sales Tax-State Income Tax-State Vehicle License Tax Fire Insurance Premium Tax Program Fees Sponsorships Donations Reimbursements/Refunds Auction/Recycle Proceeds Restitution/Ins Proceeds Miscellaneous Revenue Taxable Sales Convenience Fees Court Fines/Fees Abatements Interest Income Internal Service Charges Total General Fund Total General Fund Special Revenue Funds Sales Tax-Local Vehicle License Tax Highway User Tax In-Lieu Fees Adopt-A Street Fee Reimbursements/Refunds Auction/Recycle Proceeds Restitution/Ins Proceeds Interest Income Internal Service Charges Total Streets Fund Town of Fountain Hills | Budget Book 2023 FY19-20 Actual FY20-21 Actual FY21-22 Adopted Budget FY22-23 Adopted Budget $ 10,775,505 434,896 4,200 128,565 199,573 4,985 8,370 18,901 71,075 3,315 99,450 9,650 5,600 147,866 13,653 165 154,519 7,608 124,264 2,582,751 3,231,181 318,252 46,623 180,139 4,874 38,687 36,336 1,802 178,799 7,508 9,795 3,108 256,153 210,815 19,318,983 $ 13,042,381 426,260 500 83,459 327,254 9,200 4,356 23,099 132,522 3,610 30,298 5,550 10,100 196,185 27,371 150 143,219 1 121,400 2,989,554 3,601,432 358,859 45,703 83,583 7,389 5,340 57,233 531 172,984 7,063 7,579 2,751 210,882 28,572 22,166,370 $ 13,826,923 434,896 2,000 115,464 395,923 3,350 16,185 16,800 35,000 4,300 52,250 8,750 5,900 275,699 17,000 630 154,889 7,301 120,189 2,958,864 3,288,000 350,592 47,560 234,475 37,200 11,345 1,260 640 200 5,535 33,925 2,250 189,000 24,000 22,678,295 $ 14,426,223 325,000 500 116,619 408,398 3,350 16,095 16,800 35,000 4,300 52,250 8,500 5,900 96,750 17,000 630 165,793 7,301 126,778 3,409,475 4,597,467 338,350 48,036 243,475 50,500 10,345 1,260 500 200 5,535 33,925 3,000 205,000 24,000 24,804,255 $ 19,318,983 $ 22,166,370 $ 22,678,295 $ 24,804,255 $ 961,250 742,588 1,830,157 3,841 8 1,692 13,801 45,419 3,598,756 $ 1,079,813 837,338 1,747,200 7,077 752 1,708 734 3,674,622 $ 1,145,328 818,040 1,676,376 200,000 1,000 30,000 24,000 3,894,744 $ 1,197,552 789,485 1,889,520 100,000 1,000 30,000 10,000 4,017,557 Page 33 Sales Tax-Local Interest Income Total Downtown Strategy Fund 96,125 39,465 135,590 107,981 2,858 110,839 114,528 1,260 115,788 119,755 1,260 121,015 Sales Tax-Local Taxable Sales Interest Income Total Economic Development Fund 384,500 8,673 631 393,804 431,925 6,892 59 438,876 458,136 240 458,376 479,021 240 479,261 Grants Prop 202/Gaming Rev Miscellaneous Revenue Taxable Sales Interest Income Total Tourism Fund 36,244 40,000 18 1,090 77,352 17,653 30,000 1,337 46 49,036 32,905 40,000 180 73,085 25,000 40,000 180 65,180 Grants Federal Stimulus Funds LTAF II Prop 202/Gaming Rev Total Special Revenue Fund 77,500 77,500 98,589 2,893,126 15,000 3,006,715 977,095 3,006,550 65,000 125,000 4,173,645 11,000,000 65,000 125,000 11,190,000 In-Lieu Fees Interest Income Total Public Art Fund 38,967 1,696 40,663 56 56 100,000 240 100,240 100,000 240 100,240 Grants CCEF Revenue JCEF Revenue Interest Income Total Court Enhancement Fund 23,066 2,485 909 26,460 25,681 2,628 169 28,478 46,500 2,500 900 49,900 46,500 2,500 900 49,900 Environmental Fee Convenience Fees Interest Income Total Environmental Fund 17,575 11,137 28,712 40,330 260 40,590 2,400 2,400 2,400 2,400 Property Tax-Cy Interest Income Total Cottonwoods Maint District 6,701 273 6,974 6,468 13 6,481 6,381 72 6,453 8,670 72 8,742 Total Special Revenue Funds $ 4,385,811 $ 7,355,693 $ 8,874,631 $ 16,034,295 Debt Service Funds Property Tax-Cy Interest Income Total Gen Oblig Bond Debt Service $ 1,665,453 7,063 1,672,516 $ 26,014 59 26,073 $1,200 1,200 $1,200 1,200 Property Tax-Cy Interest Income Total Eagle Mtn CFD Debt Service 414,614 1,736 416,350 394,904 39 394,943 240 240 1,380 100 1,480 Interest Income Total Munic Prop Corp Debt Service 1,866 1,866 - 840 840 100 100 Total Debt Service Funds $ 2,090,732 $ 421,016 $ 2,280 $ 2,780 Capital Projects Funds Sales Tax-Local Grants $ 955,010 15,000 $ 995,192 78,995 $ 1,117,416 472,344 $ 1,141,951 70,000 Town of Fountain Hills | Budget Book 2023 Page 34 Reimbursements/Refunds Auction/Recycle Proceeds Interest Income Total Capital Projects Fund 418,585 171,431 1,560,026 14,790 1,088,977 19,200 1,608,960 10,000 1,221,951 Development Fees Interest Income Total Fire/Emergency Dev Fee 20,315 3,806 24,121 63,248 139 63,387 23,623 2,400 26,023 15,221 1,000 16,221 Development Fees Interest Income Total Streets Fee 3,870 3,870 77,867 7 77,874 331,074 331,074 239,438 1,000 240,438 Development Fees Interest Income Total Park/Rec Dev Fee 78,604 10,038 88,642 257,342 362 257,704 336,517 4,800 341,317 204,348 1,000 205,348 $ 1,676,659 $ 1,487,942 $ 2,307,374 $ 1,683,958 10,000 22,495 32,495 14,000 679 14,679 7,200 7,200 1,000 1,000 - 65,000 65,000 65,000 65,000 65,000 65,000 Auction/Recycle Proceeds Interest Income Vehicle Replacement Charges Total Vehicle/Equip Repl Fund 72,125 16,112 288,573 376,810 11,325 422 567,147 578,894 2,400 325,554 327,954 1,000 331,596 332,596 Total Internal Service Funds $ 409,305 $ 658,573 $ 400,154 $ 398,596 $ 27,881,490 $ 32,089,594 $ 34,262,734 $ 42,923,884 Total Capital Projects Funds Internal Service Funds Donations Interest Income Total Facilities Replacement Fund Internal Service Charges Total Internal Service Fund Total Revenues Town of Fountain Hills | Budget Book 2023 Page 35 Town-Wide Expenditures - All Funds Expenditures by Fund General Fund (Budgeted)$24,804,255.00 Capital Projects Fund (Budgeted)$8,149,040.00 Streets Fund (Budgeted)$5,908,110.00 Special Revenue Fund (Budgeted)$5,190,000.00 Environmental Fund (Budgeted)$627,100.00 Facilities Reserve Fund (Budgeted)$550,000.00 Tourism Fund (Budgeted)$277,114.00 Economic Development Fund (Budgeted)$225,920.00 Public Art Fund (Budgeted)$144,649.00 Court Enhancement Fund (Budgeted)$89,850.00 Downtown Strategy Fund (Budgeted)$65,200.00 Technology Repl Fund (Budgeted)$50,000.00 Vehicle/Equip Repl Fund (Budgeted)$33,300.00 Eagle Mtn CFD Debt Serv (Budgeted)$14,200.00 Cottonwoods Maint Dist (Budgeted)$12,388.00 MPC Debt Serv (Budgeted)$1,010.00 GO Bond Debt Serv (Budgeted)$350.00 Town of Fountain Hills | Budget Book 2023 Page 36 Town-Wide Expenditures - All Funds FY22-23 Adopted Budget Summary of Expenditures Fund/Department General Fund Mayor & Council Administration General Government Municipal Court Public Works Development Services Community Services Fire & Emergency Medical Law Enforcement Total General Fund FY19-20 Actual FY20-21 Actual FY21-22 Adopted Budget FY22-23 Adopted Budget $ 74,752 1,981,469 516,221 367,131 966,706 807,489 2,454,154 4,002,802 4,731,985 15,902,709 $ 50,769 2,083,449 753,253 389,676 1,099,445 964,713 2,575,386 3,092,450 3,352,889 14,362,030 $ 74,929 2,480,584 4,622,841 428,144 1,251,936 1,183,416 3,195,572 4,286,584 5,154,300 22,678,306 $ 76,619 2,672,360 5,141,607 446,749 1,497,800 1,359,678 3,695,572 4,457,834 5,456,036 24,804,255 $ 15,902,709 $ 14,362,030 $ 22,678,306 $ 24,804,255 $ 4,277,691 4,277,691 $ 4,419,313 4,419,313 $ 5,846,570 5,846,570 $ 5,908,110 5,908,110 Administration Total Downtown Strategy Fund 38,474 38,474 99,565 99,565 40,200 40,200 65,200 65,200 Administration Total Economic Development Fund 223,137 223,137 227,482 227,482 244,499 244,499 225,920 225,920 Administration Total Tourism Fund 235,302 235,302 233,272 233,272 210,895 210,895 277,114 277,114 Administration Total Special Revenue Fund 210,222 210,222 2,982,275 2,982,275 2,055,981 2,055,981 5,190,000 5,190,000 Community Services Total Public Art Fund 29,272 29,272 71,712 71,712 144,649 144,649 144,649 144,649 Municipal Court Total Court Enhancement Fund 1,578 1,578 35,052 35,052 78,800 78,800 89,850 89,850 487,790 487,790 440,666 440,666 627,083 627,083 627,100 627,100 4,664 4,664 4,898 4,898 17,131 17,131 12,388 12,388 Total Special Revenue Funds $ 5,508,130 $ 8,514,235 $ 9,265,808 $ 12,540,331 Debt Service Funds Administration Total Gen Oblig Debt Service $ 1,664,300 1,664,300 $- $ 350 350 $ 350 350 Administration Total Eagle Mtn CFD Debt Service 409,129 409,129 407,044 407,044 1,000 1,000 14,200 14,200 Administration Total Munic Prop Corp Debt Service 305,870 305,870 510 510 1,010 1,010 1,010 1,010 Total General Fund Special Revenue Funds Public Works Total Streets (HURF) Fund Public Works Total Environmental Fund Administration Total Cottonwoods Maint District Town of Fountain Hills | Budget Book 2023 Page 37 Total Debt Service Funds $ 2,379,299 $ 407,554 $ 2,360 $ 15,560 Capital Projects Funds Administration Public Works Community Services Fire & Emergency Medical Total Capital Projects Fund $ 2,294 1,204,078 431,811 1,638,183 $ 3,293 3,951,399 562,895 4,517,587 $ 299,000 3,589,000 2,285,000 6,173,000 $ 460,640 4,870,600 2,817,800 8,149,040 1,723 1,723 - - - - - - - 7,471 7,471 40,000 40,000 - - - - - - Total Capital Projects Funds $ 1,647,377 $ 4,557,587 $ 6,173,000 $ 8,149,040 Internal Service Funds Public Works Total Facilities Reserve Fund 411,006 411,006 434,166 434,166 848,638 848,638 550,000 550,000 - 19,224 19,224 50,000 50,000 50,000 50,000 General Government Public Works Total Vehicle/Equip Repl Fund 603,077 296,110 899,187 53,525 53,525 56,000 56,000 33,300 33,300 Total Internal Service Funds $ 1,310,193 $ 506,915 $ 954,638 $ 633,300 $ 26,747,708 $ 28,348,321 $ 39,074,112 $ 46,142,486 Fire & Emergency Medical Total Fire/Emergency Dev Fee Public Works Total Streets Dev Fee Community Services Total Park/Rec Dev Fee Community Services Total Open Space Dev Fee Administration Total Technology Replacement Fund Total Expenditures Five-Year General Fund Projection Town of Fountain Hills | Budget Book 2023 Page 38 Recommended Budget Supplements Town departments start the annual budgeting process with a base budget. This base budget is the department's current year budget, minus any one-time expenditures that were approved during the previous budget process. Any increase to the department's base budget for the next fiscal year must be submitted to the Town Manager as a budget supplement. Budget Supplements are divided into the following three categories: On-Going Non-Personnel One-Time Non-Personnel Personnel These supplements are due to the Finance Division in mid-December for review before they are presented to the Town Manager in early January. During departmental budget meetings, the Town Manager may seek additional information and justification from staff for the requested supplements. The Town Manager will then make recommendations on which supplements will be recommended to the Town Council at the Budget Workshop in April. Based on Council direction, staff will adjust departmental base budgets as needed before the Tentative Budget is presented to Council in May. Again, any necessary changes requested by Council are incorporated into the Final Budget before its adoption in June. Town of Fountain Hills | Budget Book 2023 Page 39 On-Going Non-Personnel Supplements On-Going Town Manager Request Title Department FY2023 Cost Recommended Increase Arizona Business Advisors Contract Administration $ 15,000 $ 15,000 Safety and Sanitizing Operating Supplies Comm Ctr Operations 5,000 5,000 Senior Space Software Annual Subscription Community Services 3,500 3,500 Holiday Lighting Community Services 15,000 15,000 Season's Celebration 2022 Event Supplement: Community Services 2,500 2,500 Add'l Features for Courtroom Audio/Visual Upgrade Court Operations 2,050 2,050 Court Security Court Operations 21,000 21,000 Tourism Digital Passport Program Economic Dev 15,000 0 Business Retention & Expansion CRM Software Economic Dev $ 8,000 $ 8,000 Microsoft 365 Subscription Information Tech 20,000 20,000 ChatBot Citizen Communications online tool Public Information 4,500 0 See Click Fix - Service Request & Work Order Mgt Public Information 22,250 22,250 Janitorial Services Budget Supplement Public Works 32,000 32,000 Facility Maintenance Base Budget Increase Public Works 75,000 50,000 Biz Hub Facilities Public Works 75,000 75,000 Youth and Sport Program Marketing Recreation 1,000 1,000 Teen Events Recreation 2,500 2,500 Sport Events at Golden Eagle Park Recreation 3,800 3,800 Mayor's Youth Council - Conference/Team Building Recreation 2,000 2,000 Recreation Scholarship Fund Recreation 5,000 5,000 Advertisement and Marketing Recreation 1,000 1,000 Roll in the Glow Recreation 5,000 2,500 Concerts on the Avenue (Fall & Spring) Recreation 7,000 7,000 Music Fest (Contingency if grant not received) Recreation 37,000 37,000 Fourth at the Fountain Recreation 15,000 15,000 Irish Fountain Fest Recreation 3,000 3,000 Spooky Blast Recreation 3,400 3,500 Turkey Trot Recreation 3,260 3,000 Eggstravaganza Recreation 2,485 2,500 Back to School Bash Recreation 6,300 6,000 Contracted Instructors Background Check Recreation 500 500 $ 414,045 $ 366,600 Town of Fountain Hills | Budget Book 2023 Offset $ (15,000) 0 0 (15,000) 0 (2,050) (21,000) 0 0 0 0 0 0 0 0 0 0 (1,000) 0 0 0 0 (6,000) (37,000) 0 0 (2,500) (3,260) (1,500) (2,500) 0 (106,810) $ 259,790 Page 40 One-Time Non-Personnel Supplements One-Times Town Manager Request Title Department FY2023 Cost Recommended Offset Chair Replacement Comm Ctr Operations $ 65,000 $ 65,000 $0 Comm Center- High Top Tables and Cart Comm Ctr Operations 2,500 2,500 0 AV Equipment for the Classrooms Comm Ctr Operations 92,000 80,000 0 Contracted Inspections (Non-Reimbursed) Development Services 100,000 100,000 0 Tourism Website Update Economic Dev 16,000 16,000 0 Short & Long-Term Rental Compliance Software Economic Dev 12,000 12,000 0 Streetlight Banner Signage Economic Dev 10,000 10,000 10,000 Graphic Design and Printing for Econ Dev Economic Dev 5,000 5,000 5,000 Special Events Command Trailer Fire 165,000 0 0 Urban Response Utility Vehicle Fire 46,000 35,000 0 Brush Truck Pump Skid Fire 20,000 20,000 0 Turnout Dryer Fire 5,700 5,700 0 SUPPLEMENT Fountain Park Utility Vehicle Parks 25,000 25,000 0 SUPPLEMENT NRPA - Park staff Parks 1,000 1,000 0 Audio-Visual production equipment Public Information 3,000 3,000 0 Town Logo/Visual Rebranding Public Information 20,000 20,000 0 Town Clerk Minutes Town Clerk 18,000 18,000 0 2022 Primary/Special/General Elections Town Clerk 13,000 13,000 0 $ 619,200 $ 431,200 (15,000) $ 416,200 Personnel Supplements Personnel Request Title Senior Services Activities Coordinator Recreation Specialist - Part Time Recreation Program Coordinator Facilities Maintenance Technician Building Safety Permit Technician Code Enforcement Officer Building Inspector IT Support Specialist to 3/4-Time Part Time Court Clerk - Two Positions Department Community Services Recreation Recreation Public Works Development Services Code Compliance Building Safety Information Tech Court Operations Town Manager FY2023 Cost Recommended $ 21,117 $ 21,117 23,288 0 80,921 0 82,203 82,203 26,218 26,218 30,859 30,859 129,120 0 16,879 16,879 45,064 45,064 $ 455,669 $ 222,340 Recommended Supplement Summary Total On-Going: $ 259,790 Total One-Times: 416,200 Total Personnel: 222,340 Total All Recommendations: $ 898,330 Town of Fountain Hills | Budget Book 2023 Page 41 FUND SUMMARIES Town of Fountain Hills | Budget Book 2023 Page 42 General Fund The General Fund (Fund 100) is the primary operating fund of the Town and accounts for the resources and uses of various Fountain Hills departments. It exists to account for the financing of services traditionally associated with local government. These services include police and fire protection, development services (planning & zoning/building safety/code enforcement/GIS), public works (facilities/engineering), community services (parks and recreation/community center/senior services), general administration, and any other activity for which a special fund has not been created. Governmental accounting requires the General Fund be used for all financial resources except those required to be accounted for in another fund and have designations of non-spendable, restricted, committed, assigned or unassigned. Summary The Town of Fountain Hills is projecting $24.8M of revenue in FY2023, which represents a 9.4% increase over the prior year. Budgeted expenditures are projected to increase by 9.4% or $2.13M to $24.8M in FY2023. $30M $25M $20M $15M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $10M $5M $0 FY2019 FY2020 FY2021 FY2022 FY2023 As required by state statute, the General Fund is required to have a balanced budget between revenues and expenditures. The budget process begins by forecasting the various revenues to be received in the General Fund for the fiscal year, and this number becomes the upper limit for expenditures. If the departmental base budgets, along with any approved supplements, fall below this upper limit, a contingency line item is added to the General Government department to balance the fund. The amount included in the contingency line cannot be used unless revenues are meeting expectations for the fiscal year and Council approves a budget transfer during a public meeting. If the departmental base budgets exceed the forecasted revenues, then the expenditures must be reduced until they equal the revenue amount. Since fiscal year 2020, the Town's General Fund has received more revenue than forecast and spent less than what was budgeted. Also in fiscal year 2020, the Town amended its Financial Policies (Res 2020-16 ) to clarify year-end reserve balances and prioritize maintaining those reserves over making transfers to other Town funds. The revised policies require that 20% of the average General Fund revenues over the past five fiscal years be maintained in the Stability (Rainy Day) Fund. It also requires another 20% to be held in the General Fund as Unassigned Fund Balance to ensure operating funds are available from year-to-year. Once these two requirements are met, then Council approved funding transfers can be made to other funds (i.e. Streets Fund, Environmental Fund, etc.). Any excess fund balance, after reserve requirements are satisfied and funding transfers are made, is transferred to the Capital Project Fund for one-time capital expenditures. Town of Fountain Hills | Budget Book 2023 Page 43 Revenues by Source General Fund revenues are obtained using trend forecasts for transaction privilege (sales) tax, state estimates received from the League of Arizona Cities and Towns for state-shared revenues, and estimates made by departments for fees and charges collected by the Town. These revenue sources are explained further below. Since the Town does not collect a primary or secondary property tax, the entire "Taxes" section in the chart below is from the collection of the Town's portion of the sales tax. The current sales tax rate for the Town is 2.9%, except for long-term residential rentals that are assessed at 1.6%. Hotels and short-term (vacation) rentals are also assessed, in addition to the 2.9%, an additional bed tax of 4%. All state-shared revenue received by the General Fund is shown in the "Intergovernmental Revenue" section below. State-shared revenues received by the General Fund include a formula-based amount of the state's income tax, sales tax, and vehicle license tax. The formula for these revenues is based on the Town's population and changes from yearto-year. All other categories of revenue shown in the chart below represent fees and charges for services provided by the Town, property rental revenue, and court fines. Budgeted Revenues by Source Other ​O ther (0.4%) Fines ​F ines & Forfeitures (0.8%) Charges ​C harges For Services (1%) Leases ​L eases & Rents (1.2%) Licenses ​L icenses & Permits (2.7%) ​IIntergovernmental ntergovernmental Revenue (35.6%) Taxes ​T axes (58.2%) Revenues in the General Fund are expected to rise slightly for the coming fiscal year. Taxable sales have remained strong across multiple categories; however, hospitality and dining have strengthened considerably during the past fiscal year. This trend is expected to continue as travel and tourism continue to increase. The biggest threat to that assumption is inflation and its effects on disposable income. State-shared revenues will also increase, mostly due to timing of income tax receipts after the state granted filing extensions in 2020. Receipts that would have normally been received by the General Fund last fiscal year will be received in fiscal year 2023. The other categories of revenue are fairly consistent with the prior year. Town of Fountain Hills | Budget Book 2023 Page 44 Note: All FY22 amounts shown below are from last year's adopted budget and do not represent actual amounts. Actual amounts will be available in the Annual Comprehensive Financial Report, which is usually issued in early November, after the completion of the annual financial audit. Budgeted and Historical 2023 Revenues by Source $30 $25 Millions $20 Investment Earnings Other Fines & Forfeitures Charges For Services Leases & Rents Licenses & Permits Intergovernmental Revenue Taxes $15 $10 $5 FY 20 22 FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Taxes $9,198,866 $10,775,505 $13,042,381 $13,826,923 $14,426,223 4.3% Intergovernmental Revenue $6,062,869 $6,746,468 $7,403,933 $7,197,376 $8,835,447 22.8% Licenses & Permits $1,273,888 $582,603 $769,695 $831,786 $664,973 -20.1% Leases & Rents $280,801 $286,391 $366,455 $282,379 $299,872 6.2% Charges For Services $174,886 $180,140 $83,583 $235,475 $243,475 3.4% Other $209,185 $280,910 $260,869 $91,355 $105,265 15.2% Fines & Forfeitures $120,340 $256,153 $210,882 $189,000 $205,000 8.5% Name FY 20 23 FY 20 21 FY2019 Actual FY 20 19 FY 20 20 $0 Revenue Source Investment Earnings $136,572 $210,815 $24,849 $24,000 $24,000 0% Total Revenue Source: $17,457,407 $19,318,985 $22,162,647 $22,678,294 $24,804,255 9.4% Town of Fountain Hills | Budget Book 2023 Page 45 Expenditures by Department General Fund expenditures are budgeted by department, and in the case of the Administration Department, by division. Currently, the Town consists of the following departments and Administration divisions: Mayor & Council Administration Town Manager Information Technology Town Clerk Administrative Services (HR & Risk Mgt.) Finance Public Information Legal Services Purchasing General Government Municipal Court Public Works Development Services Community Services Fire & Emergency Medical Services Law Enforcement Budgeted Expenditures by Department Mayor ​M ayor & Council (0.3%) Municipal ​M unicipal Court (1.8%) Development ​D evelopment Services (5.5%) Law ​L aw Enforcement (22%) Public ​P ublic Works (6%) Administration ​A dministration (10.8%) Community ​C ommunity Services (14.9%) General ​G eneral Government (20.7%) Fire ​F ire & Emergency Med (18%) Note: The percentage shown above for the General Government Department includes $4.4M in contingency. This amount is required in order to present a balanced budget for the General Fund. Since it is included, it affects the percentages of departmental budgets by increasing the overall amount of the total budget. For example, if the contingency is removed, then the General Government Department would only represent 3% of the overall General Fund budget. Additionally, the proportion of other departments would increase when the contingency amount is removed. Town of Fountain Hills | Budget Book 2023 Page 46 Note: All FY22 amounts shown below are from last year's adopted budget and do not represent actual amounts. Actual amounts will be available in the Annual Comprehensive Financial Report, which is usually issued in early November, after the completion of the annual financial audit. Budgeted and Historical Expenditures by Department $30 $25 Millions $20 Mayor & Council Municipal Court Development Services Public Works Administration Community Services Fire & Emergency Med General Government Law Enforcement $15 $10 $5 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 The following table contains historical amounts by department and the percentage change between fiscal year 2022 and fiscal year 2023. Individual departments with an increase over 10% is detailed as follows: General Government: First year of mandatory payments to the State of Arizona for Municipal Firefighters Cancer Fund and Department of Revenue Increased contingency to balance General Fund Public Works: Added an additional FTE for Facilities Maintenance Technician Increase to contractual services for increased janitorial costs Base budget increase to offset increased prices for repairs and materials Development Services: Added 0.5 FTE for part-time Code Enforcement Officer Added 0.5 FTE for Building Permit Technician Increased contractual services for outside inspections (reimbursed by developer) Community Services: Added 0.5 FTE for Community Center Assistant Increased Recreation operating budget for special events to compensate for increased costs Increased Parks operating budget for landscaping to compensate for increased costs Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $81,836 $74,752 $50,769 $74,929 $76,619 2.3% Expenditures Mayor & Council Town of Fountain Hills | Budget Book 2023 Page 47 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Administration $2,156,946 $1,981,469 $2,044,524 $2,480,580 $2,672,360 7.7% General Government $3,043,198 $1,558,556 $2,909,558 $4,622,841 $5,141,607 11.2% Municipal Court $325,550 $367,131 $378,994 $428,144 $446,749 4.3% Public Works $837,523 $966,706 $1,085,908 $1,251,933 $1,497,800 19.6% Development Services $866,208 $807,489 $939,892 $1,183,416 $1,359,678 14.9% Community Services $2,227,285 $2,454,154 $2,536,068 $3,195,569 $3,695,572 15.6% Fire & Emergency Med $3,892,841 $4,002,802 $3,092,450 $4,286,584 $4,457,834 4% Law Enforcement $4,153,699 $4,731,985 $3,352,889 $5,154,300 $5,456,036 5.9% Total Expenditures: $17,585,085 $16,945,043 $16,391,051 $22,678,296 $24,804,255 9.4% Town of Fountain Hills | Budget Book 2023 Page 48 Expenditures by Expense Type The following actions had an effect on all departments: The two largest contracts for the Town relate to public safety, Rural-Metro for fire and emergency medical services and Maricopa County Sheriff's Office for law enforcement. In addition, various other contracts have also increased, including landscaping and janitorial services. A 4% cost of living adjustment increased payroll expenses (except the Town Manager division) Budgeted Expenditures by Expense Type Capital ​C apital Expenditures (0.7%) Equipment/Improvemen ​E quipment/Improvemen (0.8%) Supplies ​S upplies (1.2%) ​IInternal nternal Service (1.3%) Utilities ​U tilities (2.7%) Maintenance ​M aintenance & Repair (3%) Contingency ​C ontingency (18.5%) Contractual ​C ontractual Services (47.7%) Payroll ​P ayroll Expenses (23.2%) Budgeted and Historical Expenditures by Expense Type $30 $25 Transfers Out Damages/Vandalism Dues & Memberships Meetings & Training Capital Expenditures Equipment/Improvemen Supplies Internal Service Utilities Maintenance & Repair Contingency Payroll Expenses Contractual Services Millions $20 $15 $10 $5 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 49 The following table contains historical amounts by expenditure category and the percentage change between fiscal year 2022 and fiscal year 2023. Individual categories with an increase over 10% is detailed as follows: Payroll Expenses: 4% cost of living adjustment across all departments (except the Town Manager division) Equipment/Improvements: Increase to Facilities Operations' base budget and purchase of new chairs for Community Center events Contingency: Increase needed to balance the General Fund to forecasted revenues Capital Expenditures: New audio/visual equipment for the Community Center, and new vehicles for Parks and Fire Department Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $3,817,648 $4,218,920 $4,487,979 $5,136,982 $5,756,074 12.1% $219,520 $212,352 $252,899 $85,556 $86,882 1.5% Expense Objects Payroll Expenses Dues & Memberships Meetings & Training $63,227 $37,045 $12,457 $120,586 $131,118 8.7% Maintenance & Repair $295,269 $435,262 $448,668 $676,655 $736,865 8.9% Utilities $535,701 $555,802 $587,312 $658,673 $659,153 0.1% $9,358,707 $9,910,013 $7,493,888 $11,112,825 $11,837,430 6.5% Supplies $177,721 $208,388 $223,005 $287,415 $307,106 6.9% Equipment/Improvemen $72,308 $77,511 $134,515 $48,810 $196,510 302.6% Damages/Vandalism $2,729 $277 $1,172 $13,000 $13,000 0% Internal Service $235,212 $247,138 $563,818 $324,132 $324,148 0% Transfers Out $2,779,767 $1,042,335 $2,156,305 $0 $0 0% Contingency $4,220 $0 $0 $4,163,662 $4,579,969 10% Contractual Services Capital Expenditures $23,058 $0 $29,034 $50,000 $176,000 252% Total Expense Objects: $17,585,085 $16,945,043 $16,391,051 $22,678,296 $24,804,255 9.4% Town of Fountain Hills | Budget Book 2023 Page 50 Fund Balance Fund balance is one indicator of the Town's financial health. Although the Town has maintained a Stability (Rainy Day) Fund as part of the General Fund for many years, updated Financial Policies were needed to further clarify the timing and priority of funding it. These updates were made in May 2020 with the adoption of Resolution 2020-16 . Beginning that fiscal year, additional reserve requirements were implemented to ensure the continuity of funding across fiscal years. As shown below, a 20% minimum unassigned fund balance was instituted. Both the Stability Fund and the Unassigned fund balance reserve are based on a rolling five-year average of General Fund revenues, each 20% of that average. Note: The FY22 amount shown below is a projection and does not represent the actual amount of fund balance. The actual amount will be available in the Annual Comprehensive Financial Report, which is usually issued in early November, after the completion of the annual financial audit. Projections $15M $12.5M $10M $7.5M $5M $2.5M $0 FY2019 FY2020 Assigned FY2021 Nonspendable Committed FY2022 Unassigned Reduction of unassigned fund balance in the General Fund is due to increased expenditures, funding of the Stability Fund, and transfers to other governmental funds. The nonspendable fund balance increased from higher inventory levels of fuel and other consumables. FY2019 FY2020 FY2021 FY2022 — — — — Unassigned $1,913,836 $5,528,744 $10,958,102 $9,825,904 -10.3% Assigned $842,294 $0 $0 $0 0% Committed $2,915,352 $3,086,699 $3,296,434 $3,595,599 9.1% $22,478 $11,400 $27,288 $51,300 88% $5,693,960 $8,626,843 $14,281,824 $13,472,803 -5.7% Fund Balance Nonspendable Total Fund Balance: Town of Fountain Hills | Budget Book 2023 % Change Page 51 Special Revenue Funds Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes, designated as committed or restricted. The Town maintains the following Special Revenue funds: Streets Fund Downtown Strategy Fund Economic Development Fund Tourism Fund Special Revenue (Grants) Fund Public Art Fund Court Enhancement Fund Environmental Fund Cottonwoods Maintenance District Fund Summary The Town of Fountain Hills is projecting $16.13M of revenue in FY2023, which represents a 39.9% increase over the prior year. Budgeted expenditures are projected to increase by 30.2% or $2.91M to $12.54M in FY2023. $20M $15M $10M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $5M $0 FY2019 FY2020 FY2021 FY2022 FY2023 Note: The following pages provide summarized graphical information across all Special Revenue funds. Revenue and expenditure details are available in the Fund Summaries for each individual fund following this summary section. Town of Fountain Hills | Budget Book 2023 Page 52 Revenue by Fund 2023 Revenue by Fund Public ​P ublic Art Fund (0.6%) Downtown ​D owntown Strategy Fund (0.8%) Tourism ​T ourism Fund (1%) Economic ​E conomic Development Fund (3%) Streets ​S treets Fund (24.9%) Special ​S pecial Revenue Fund (69.4%) Budgeted and Historical 2023 Revenue by Fund $17.5 $15 Millions $12.5 Environmental Fund Cottonwoods Maint Dist Court Enhancement Fund Public Art Fund Downtown Strategy Fund Tourism Fund Economic Development Fund Streets Fund Special Revenue Fund $10 $7.5 $5 $2.5 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 53 Expenditures by Fund 2023 Expenditures by Fund Downtown ​D owntown Strategy Fund (0.5%) Court ​C ourt Enhancement Fund (0.7%) Public ​P ublic Art Fund (1.2%) Economic ​E conomic Development Fund (1.8%) Tourism ​T ourism Fund (2.2%) Environmental ​E nvironmental Fund (5%) Streets ​S treets Fund (47.1%) Special ​S pecial Revenue Fund (41.4%) Budgeted and Historical Expenditures by Fund $15 $12.5 Millions $10 Cottonwoods Maint Dist Downtown Strategy Fund Court Enhancement Fund Public Art Fund Economic Development Fund Tourism Fund Environmental Fund Special Revenue Fund Streets Fund $7.5 $5 $2.5 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 54 Expenditures by Expense Type Budgeted Expenditures by Expense Type Dues ​D ues & Memberships (0.3%) Damages/Vandalism ​D amages/Vandalism (0.3%) ​IInternal nternal Service (0.6%) Utilities ​U tilities (1.1%) Payroll ​P ayroll Expenses (7.3%) Contractual ​C ontractual Services (9.1%) Contingency ​C ontingency (42.7%) Maintenance ​M aintenance & Repair (38.1%) Budgeted and Historical Expenditures by Expense Type $15 $12.5 Transfers Out Capital Expenditures Meetings & Training Equipment/Improvemen Supplies Dues & Memberships Damages/Vandalism Internal Service Utilities Payroll Expenses Contractual Services Maintenance & Repair Contingency Millions $10 $7.5 $5 $2.5 FY 20 22 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $695,132 $816,691 $828,454 $877,596 $920,492 4.9% FY 20 23 FY 20 21 Name FY 20 20 FY 20 19 $0 Expense Objects Payroll Expenses Town of Fountain Hills | Budget Book 2023 Page 55 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Dues & Memberships $27,120 $26,373 $26,236 $38,472 $34,149 -11.2% Meetings & Training $3,421 $6,008 $4,771 $12,620 $12,620 0% $3,995,822 $3,458,435 $3,490,268 $4,771,584 $4,771,990 0% Utilities $95,038 $126,219 $131,994 $143,458 $143,456 0% Contractual Services Maintenance & Repair $709,374 $728,579 $3,639,758 $1,976,695 $1,137,823 -42.4% Supplies $27,241 $25,073 $34,038 $32,854 $32,075 -2.4% Equipment/Improvemen $16,900 $14,059 $16,081 $30,750 $27,550 -10.4% Damages/Vandalism $6,976 $26,506 $28,819 $40,000 $40,000 0% Internal Service $33,601 $42,165 $68,548 $69,341 $70,176 1.2% Transfers Out $166,407 $829,059 $738,791 $366,051 $0 -100% Contingency $0 $0 $0 $1,272,431 $5,350,000 320.5% Capital Expenditures $72,838 $174,612 $158,981 $0 $0 0% Total Expense Objects: $5,849,871 $6,273,778 $9,166,741 $9,631,852 $12,540,331 30.2% Town of Fountain Hills | Budget Book 2023 Page 56 Streets Fund The Streets {HURF) Fund {Fund 200) is funded by 0.2% of local sales tax and State-shared revenues. The State of Arizona taxes motor fuels and collects a variety of fees and charges relating to the registration and operation of motor vehicles. These revenues are depos- ited in the Arizona Highway User Revenue Fund (HURF) and are then distributed to the cities, towns, and counties and to the State Highway Fund. This fund may only be used for street and highway purposes and is a restricted fund. Summary The Town of Fountain Hills is projecting $4.02M of revenue in FY2023, which represents a 31.8% decrease over the prior year. Budgeted expenditures are projected to increase by 1.1% or $61.54K to $5.91M in FY2023. $8M $6M $4M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $2M $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 57 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (0.2%) Other ​O ther (0.8%) Charges ​C harges For Services (2.5%) Taxes ​T axes (29.8%) ​IIntergovernmental ntergovernmental Revenue (66.7%) Budgeted and Historical 2023 Revenues by Source $7 $6 Millions $5 $4 Transfers In Investment Earnings Other Charges For Services Taxes Intergovernmental Revenue $3 $2 $1 FY 20 22 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $883,932 $961,250 $1,079,813 $1,145,328 $1,197,552 4.6% $0 $0 $0 $2,000,000 $0 -100% FY 20 23 FY 20 21 Name FY 20 20 FY 20 19 $0 Revenue Source Taxes Transfers In Town of Fountain Hills | Budget Book 2023 Page 58 Name Intergovernmental Revenue FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $2,741,035 $2,572,745 $2,584,538 $2,494,416 $2,679,005 7.4% Charges For Services $0 $3,841 $7,077 $200,000 $100,000 -50% Other $25,461 $15,502 $2,460 $31,000 $31,000 0% Investment Earnings $91,634 $45,419 $734 $24,000 $10,000 -58.3% Total Revenue Source: $3,742,062 $3,598,757 $3,674,622 $5,894,744 $4,017,557 -31.8% Expenditures by Expense Type Budgeted Expenditures by Expense Type Supplies ​S upplies (0.4%) Damages/Vandalism ​D amages/Vandalism (0.7%) ​IInternal nternal Service (1.1%) Utilities ​U tilities (2.4%) Contingency ​C ontingency (3.4%) Contractual ​C ontractual Services (9.2%) Payroll ​P ayroll Expenses (11.1%) Maintenance ​M aintenance & Repair (71.3%) Town of Fountain Hills | Budget Book 2023 Page 59 Budgeted and Historical Expenditures by Expense Type $7 $6 Millions $5 Transfers Out Capital Expenditures Meetings & Training Dues & Memberships Equipment/Improvemen Supplies Damages/Vandalism Internal Service Utilities Contingency Contractual Services Payroll Expenses Maintenance & Repair $4 $3 $2 $1 FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $421,792 $519,464 $564,529 $605,735 $653,387 7.9% Dues & Memberships $2,726 $3,174 $4,413 $11,750 $11,750 0% Meetings & Training $410 $180 $0 $0 $0 0% $3,631,769 $3,106,397 $3,168,790 $4,243,033 $4,214,665 -0.7% Utilities $94,505 $125,446 $131,624 $141,406 $141,406 0% Contractual Services $307,105 $387,815 $408,274 $508,296 $543,805 7% Supplies $14,811 $12,623 $22,654 $22,744 $22,745 0% Equipment/Improvemen $15,130 $12,993 $10,428 $10,250 $17,000 65.9% Damages/Vandalism $6,976 $26,506 $28,819 $40,000 $40,000 0% Internal Service FY 20 23 FY 20 22 FY2020 Actual Name FY 20 20 FY2019 Actual FY 20 19 FY 20 21 $0 Expense Objects Payroll Expenses Maintenance & Repair $32,119 $41,204 $64,526 $63,352 $63,352 0% Transfers Out $0 $516,490 $5,078 $0 $0 0% Contingency $0 $0 $0 $200,000 $200,000 0% Capital Expenditures $36,627 $41,889 $0 $0 $0 0% Total Expense Objects: $4,563,969 $4,794,181 $4,409,136 $5,846,566 $5,908,110 1.1% Town of Fountain Hills | Budget Book 2023 Page 60 Fund Balance Note: The FY22 amount shown below is a projection and does not represent the actual amount of fund balance. The actual amount will be available in the Annual Comprehensive Financial Report, which is usually issued in early November, after the completion of the annual financial audit. Projections $3M $2.5M $2M $1.5M $1M $500K $0 FY2019 FY2020 FY2021 FY2022 Restricted Fund balance in the Streets Fund is restricted by Arizona Revised Statute. Rollover balances are available for use in future years, and the projected balance for FY22 was included for use in the budget for fiscal year 2023. The percentage change between FY21 and FY22 is over 65% and is explained by the increased about of street maintenance that was undertaken in FY21. This left a lower than usual balance for that year. FY2019 FY2020 FY2021 FY2022 — — — — Restricted $2,422,098 $1,426,673 $876,905 $1,451,911 65.6% Total Fund Balance: $2,422,098 $1,426,673 $876,905 $1,451,911 65.6% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 61 Downtown Strategy Fund The Downtown Strategy Fund {Fund 300) is a committed fund which may only be used for development of the downtown. Revenue for this fund comes from the 20% of the .1% of local sales tax collections that have been dedicated for this purpose. Summary The Town of Fountain Hills is projecting $121.02K of revenue in FY2023, which represents a 4.5% increase over the prior year. Budgeted expenditures are projected to decrease by 73.9% or $185K to $65.2K in FY2023. $800K $600K $400K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $200K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (1%) Taxes ​T axes (99%) Town of Fountain Hills | Budget Book 2023 Page 62 Budgeted and Historical 2023 Revenues by Source $0.15 $0.125 Millions $0.1 $0.075 Other Investment Earnings Taxes $0.05 $0.025 FY 20 23 FY 20 22 FY 20 20 FY 20 19 Name FY 20 21 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Taxes $88,393 $96,125 $107,981 $114,528 $119,755 4.6% Other $0 $0 $22,000 $0 $0 0% Investment Earnings $28,231 $39,465 $3,557 $1,260 $1,260 0% Total Revenue Source: $116,624 $135,590 $133,538 $115,788 $121,015 4.5% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 63 Expenditures by Expense Type Budgeted Expenditures by Expense Type Maintenance ​M aintenance & Repair (18.1%) Contractual ​C ontractual Services (81.9%) Budgeted and Historical Expenditures by Expense Type $0.8 Millions $0.6 $0.4 Transfers Out Capital Expenditures Maintenance & Repair Contractual Services $0.2 Name FY 20 23 FY 20 22 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $1,079 $3,232 $0 $1,800 $11,800 555.6% Expense Objects Maintenance & Repair Town of Fountain Hills | Budget Book 2023 Page 64 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Contractual Services $37,125 $35,242 $50,085 $38,400 $53,400 39.1% Transfers Out $0 $143,962 $575,000 $210,000 $0 -100% Capital Expenditures $0 $0 $49,474 $0 $0 0% Total Expense Objects: $38,204 $182,436 $674,559 $250,200 $65,200 -73.9% Fund Balance Projections $1.25M $1M $750K $500K $250K $0 FY2019 FY2020 FY2021 FY2022 Committed FY2019 FY2020 FY2021 FY2022 — — — — Committed $1,038,340 $991,495 $449,768 $330,857 -26.4% Total Fund Balance: $1,038,340 $991,495 $449,768 $330,857 -26.4% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 65 Economic Development Fund The Economic Development Fund {Fund 310) is a committed fund which may only be used for economic development. Revenue for this fund comes from the 80% of the .1% of local sales tax collections that have been dedicated for this purpose. Summary The Town of Fountain Hills is projecting $479.26K of revenue in FY2023, which represents a 4.6% increase over the prior year. Budgeted expenditures are projected to decrease by 43.6% or $174.63K to $225.92K in FY2023. $600K $500K $400K $300K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $200K $100K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (0.05%) Taxes ​T axes (99.9%) Town of Fountain Hills | Budget Book 2023 Page 66 Budgeted and Historical 2023 Revenues by Source $0.6 $0.5 Millions $0.4 $0.3 Other Investment Earnings Taxes $0.2 $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Taxes $353,573 $384,500 $431,925 $458,136 $479,021 4.6% Other $0 $8,673 $7,083 $0 $0 0% Investment Earnings $1,340 $631 $59 $240 $240 0% Total Revenue Source: $354,913 $393,804 $439,067 $458,376 $479,261 4.6% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 67 Expenditures by Expense Type Budgeted Expenditures by Expense Type Supplies ​S upplies (0.2%) Dues ​D ues & Memberships (0.6%) ​IInternal nternal Service (0.7%) Meetings ​M eetings & Training (2.8%) Contractual ​C ontractual Services (10.3%) Maintenance ​M aintenance & Repair (10.8%) Payroll ​P ayroll Expenses (74.7%) Budgeted and Historical Expenditures by Expense Type $0.5 $0.4 $0.3 Millions Transfers Out Equipment/Improvemen Supplies Dues & Memberships Internal Service Meetings & Training Contractual Services Maintenance & Repair Payroll Expenses $0.2 $0.1 FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $183,848 $202,623 $201,256 $215,810 $168,831 -21.8% FY 20 23 FY2019 Actual FY 20 22 FY 20 21 Name FY 20 20 FY 20 19 $0 Expense Objects Payroll Expenses Town of Fountain Hills | Budget Book 2023 Page 68 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Dues & Memberships $10,293 $5,274 $5,157 $5,624 $1,299 -76.9% Meetings & Training $2,809 $4,551 $4,642 $6,320 $6,320 0% $0 $0 $0 $0 $24,325 N/A $26,907 $1,062 $3,342 $15,100 $23,269 54.1% Maintenance & Repair Contractual Services Supplies $139 $9,587 $5,621 $200 $400 100% Equipment/Improvemen $0 $0 $1,916 $0 $0 0% Internal Service $55 $40 $1,376 $1,445 $1,476 2.1% $166,407 $168,607 $158,713 $156,051 $0 -100% $390,458 $391,744 $382,023 $400,550 $225,920 -43.6% Transfers Out Total Expense Objects: Fund Balance Projections $250K $200K $150K $100K $50K $0 FY2019 FY2020 FY2021 FY2022 Committed FY2019 FY2020 FY2021 FY2022 — — — — Committed $101,485 $103,546 $156,419 $207,252 32.5% Total Fund Balance: $101,485 $103,546 $156,419 $207,252 32.5% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 69 Tourism Fund The Tourism Fund {Fund 320) is a committed fund which may only be used for tourism. Revenue for this fund is provided by a transfer from the Economic Development Fund and grant money. Summary The Town of Fountain Hills is projecting $162.52K of revenue in FY2023, which represents a 21.2% decrease over the prior year. Budgeted expenditures are projected to increase by 31.4% or $66.22K to $277.11K in FY2023. $300K $200K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $100K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (0.1%) ​IIntergovernmental ntergovernmental Revenue (40%) Transfers ​T ransfers In (59.9%) Town of Fountain Hills | Budget Book 2023 Page 70 Budgeted and Historical 2023 Revenues by Source $0.25 $0.2 Millions $0.15 Other Investment Earnings Intergovernmental Revenue Transfers In $0.1 $0.05 FY 20 22 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) FY 20 23 FY 20 21 Name FY 20 20 FY 20 19 $0 Revenue Source Transfers In $0 $0 $0 $156,051 $97,340 -37.6% Intergovernmental Revenue $70,127 $76,245 $47,653 $50,000 $65,000 30% Other $2,223 $18 $1,340 $0 $0 0% Investment Earnings $1,646 $1,090 $46 $180 $180 0% Total Revenue Source: $73,996 $77,353 $49,039 $206,231 $162,520 -21.2% Town of Fountain Hills | Budget Book 2023 Page 71 Expenditures by Expense Type Budgeted Expenditures by Expense Type Utilities ​U tilities (0.7%) ​IInternal nternal Service (0.8%) Maintenance ​M aintenance & Repair (1.1%) Meetings ​M eetings & Training (1.3%) Supplies ​S upplies (2.5%) Dues ​D ues & Memberships (3%) Contractual ​C ontractual Services (54.7%) Payroll ​P ayroll Expenses (35.5%) Budgeted and Historical Expenditures by Expense Type $0.3 $0.25 Millions $0.2 Equipment/Improvemen Utilities Internal Service Maintenance & Repair Meetings & Training Supplies Dues & Memberships Payroll Expenses Contractual Services $0.15 $0.1 $0.05 FY 20 22 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $65,537 $49,132 $50,497 $56,051 $98,274 75.3% FY 20 23 FY 20 21 Name FY 20 20 FY 20 19 $0 Expense Objects Payroll Expenses Town of Fountain Hills | Budget Book 2023 Page 72 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Dues & Memberships $4,442 $8,365 $10,165 $8,383 $8,380 0% Meetings & Training $203 $1,277 $129 $3,500 $3,500 0% Maintenance & Repair $0 $0 $0 $3,000 $3,000 0% $532 $497 $370 $2,052 $2,050 -0.1% $150,908 $109,810 $94,873 $126,705 $151,700 19.7% $12,226 $1,985 $5,763 $7,880 $6,880 -12.7% $80 $0 $3,737 $1,000 $1,000 0% $1,375 $826 $886 $2,322 $2,330 0.3% $235,302 $171,891 $166,420 $210,893 $277,114 31.4% Utilities Contractual Services Supplies Equipment/Improvemen Internal Service Total Expense Objects: Fund Balance Projections $200K $150K $100K $50K $0 FY2019 FY2020 FY2021 FY2022 Committed FY2019 FY2020 FY2021 FY2022 — — — — Committed $9,192 $83,261 $124,129 $178,206 43.6% Total Fund Balance: $9,192 $83,261 $124,129 $178,206 43.6% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 73 Special Revenue Fund The Special Revenue/Grants Fund {Fund 400) is restricted by the terms of the individual grants or program funds received. An example of this would be state or federal funds. These funds are to be used only for the specific program or programs for which the funds have been awarded and in accordance with all the grant conditions. Summary The Town of Fountain Hills is projecting $11.19M of revenue in FY2023, which represents a 166.6% increase over the prior year. Budgeted expenditures are projected to increase by 152.4% or $3.13M to $5.19M in FY2023. $12.5M $10M $7.5M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $5M $2.5M $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 74 Revenues by Source Projected 2023 Revenues by Source ​IIntergovernmental ntergovernmental Revenue (100%) Budgeted and Historical 2023 Revenues by Source $12.5 $10 Millions $7.5 Investment Earnings Intergovernmental Revenue $5 $2.5 FY 20 22 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $91,211 $77,500 $3,006,596 $4,196,550 $11,190,000 166.6% $0 $0 $388 $0 $0 0% FY 20 23 FY 20 21 Name FY 20 20 FY 20 19 $0 Revenue Source Intergovernmental Revenue Investment Earnings Town of Fountain Hills | Budget Book 2023 Page 75 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Total Revenue Source: $91,211 $77,500 $3,006,984 $4,196,550 $11,190,000 166.6% Expenditures by Expense Type Budgeted Expenditures by Expense Type Contractual ​C ontractual Services (3.7%) Contingency ​C ontingency (96.3%) Town of Fountain Hills | Budget Book 2023 Page 76 Budgeted and Historical Expenditures by Expense Type $6 $5 Millions $4 $3 Capital Expenditures Contractual Services Contingency $2 $1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Contractual Services $55,000 $77,500 $2,957,819 $1,133,550 $190,000 -83.2% Contingency $0 $0 $0 $922,431 $5,000,000 442% Capital Expenditures $36,211 $132,722 $24,455 $0 $0 0% Total Expense Objects: $91,211 $210,222 $2,982,275 $2,055,981 $5,190,000 152.4% Expense Objects Town of Fountain Hills | Budget Book 2023 Page 77 Fund Balance Projections $0 $-20000 $-40000 $-60000 $-80000 FY2019 FY2020 FY2021 FY2022 Unassigned FY2019 FY2020 FY2021 FY2022 Fund Balance — — — — Unassigned $0 $-66,361 $0 $0 0% Total Fund Balance: $0 $-66,361 $0 $0 0% Town of Fountain Hills | Budget Book 2023 % Change Page 78 Public Art Fund The Public Art Fund {Fund 410) is funded by developer in-lieu con- tributions. These funds may only be used for the maintenance of art and for the installation of this art throughout the community. This fund has a committed fund balance. Summary The Town of Fountain Hills is projecting $100.24K of revenue in FY2023, which represents a 0% increase over the prior year. Budgeted expenditures are projected to increase by 0% or N/A to $144.65K in FY2023. $200K $150K $100K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $50K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (0.2%) Charges ​C harges For Services (99.8%) Town of Fountain Hills | Budget Book 2023 Page 79 Budgeted and Historical 2023 Revenues by Source $0.125 $0.1 Millions $0.075 Investment Earnings Charges For Services $0.05 $0.025 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Charges For Services $6,219 $38,967 $0 $100,000 $100,000 0% Investment Earnings $3,434 $1,696 $56 $240 $240 0% Total Revenue Source: $9,653 $40,663 $56 $100,240 $100,240 0% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 80 Expenditures by Expense Type Budgeted Expenditures by Expense Type Contractual ​C ontractual Services (9.4%) Maintenance ​M aintenance & Repair (21.4%) Contingency ​C ontingency (69.1%) Budgeted and Historical Expenditures by Expense Type $0.175 $0.15 Millions $0.125 $0.1 Capital Expenditures Contractual Services Maintenance & Repair Contingency $0.075 $0.05 $0.025 FY 20 23 FY 20 21 FY 20 20 FY 20 19 Name FY 20 22 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $11,319 $17,226 $10,240 $31,000 $31,000 0% Expense Objects Maintenance & Repair Town of Fountain Hills | Budget Book 2023 Page 81 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Contractual Services $11,472 $12,046 $11,472 $13,649 $13,649 0% Contingency $0 $0 $0 $100,000 $100,000 0% Capital Expenditures $0 $0 $50,000 $0 $0 0% Total Expense Objects: $22,791 $29,272 $71,712 $144,649 $144,649 0% Fund Balance Projections $200K $150K $100K $50K $0 FY2019 FY2020 FY2021 FY2022 Committed FY2019 FY2020 FY2021 FY2022 — — — — Committed $112,164 $162,655 $90,999 $119,735 31.6% Total Fund Balance: $112,164 $162,655 $90,999 $119,735 31.6% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 82 Court Enhancement Fund The Court Enhancement Fund {Fund 420) is a restricted fund which may only be used to enhance the technological, operational and security capabili- ties of the Fountain Hills Municipal Court and to support the operation of the Court collection program. Revenues are derived from court fees and bond forfeitures. Summary The Town of Fountain Hills is projecting $49.9K of revenue in FY2023, which represents a 0% increase over the prior year. Budgeted expenditures are projected to increase by 14% or $11.05K to $89.85K in FY2023. $100K $75K $50K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $25K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (1.8%) Fines ​F ines & Forfeitures (98.2%) Town of Fountain Hills | Budget Book 2023 Page 83 Budgeted and Historical 2023 Revenues by Source $0.06 $0.05 Millions $0.04 $0.03 Investment Earnings Fines & Forfeitures $0.02 $0.01 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Fines & Forfeitures $10,142 $25,551 $28,309 $49,000 $49,000 0% Investment Earnings $876 $909 $169 $900 $900 0% Total Revenue Source: $11,018 $26,460 $28,478 $49,900 $49,900 0% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 84 Expenditures by Expense Type Budgeted Expenditures by Expense Type Maintenance ​M aintenance & Repair (0.6%) Dues ​D ues & Memberships (1.7%) Meetings ​M eetings & Training (2.8%) Equipment/Improvemen ​E quipment/Improvemen (10.6%) Contingency ​C ontingency (55.6%) Contractual ​C ontractual Services (28.7%) Budgeted and Historical Expenditures by Expense Type $0.1 $0.08 $0.06 Millions Capital Expenditures Supplies Maintenance & Repair Dues & Memberships Meetings & Training Equipment/Improvemen Contractual Services Contingency $0.04 $0.02 FY 20 22 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $0 $0 $0 $1,500 $1,500 0% FY 20 23 FY 20 21 Name FY 20 20 FY 20 19 $0 Expense Objects Dues & Memberships Town of Fountain Hills | Budget Book 2023 Page 85 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Meetings & Training $0 $0 $0 $2,500 $2,500 0% Maintenance & Repair $0 $38 $0 $500 $500 0% Contractual Services $0 $0 $0 $4,800 $25,800 437.5% Supplies $0 $848 $0 $0 $0 0% Equipment/Improvemen $1,690 $691 $0 $19,500 $9,550 -51% Contingency $0 $0 $0 $50,000 $50,000 0% Capital Expenditures $0 $0 $35,052 $0 $0 0% Total Expense Objects: $1,690 $1,578 $35,052 $78,800 $89,850 14% Fund Balance Projections $500K $400K $300K $200K $100K $0 FY2019 FY2020 FY2021 FY2022 Committed FY2019 FY2020 FY2021 FY2022 — — — — Committed $376,814 $401,696 $395,121 $409,121 3.5% Total Fund Balance: $376,814 $401,696 $395,121 $409,121 3.5% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 86 Environmental Fund The Environmental Fund {Fund 460) is an assigned fund which may only be used to help offset the costs of stormwater management and air quality permit requirements as well as other environmental programs. These items include, but are not limited to, permit fees, wash maintenance, ADWR dam inspec- tion and maintenance, street sweeping, storm drain cleaning and household hazardous waste disposal. Revenues are currently derived from transfers from the General Fund. Summary The Town of Fountain Hills is projecting $2.4K of revenue in FY2023, which represents a 99.5% decrease over the prior year. Budgeted expenditures are projected to increase by 0% or $18 to $627.1K in FY2023. $800K $600K $400K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $200K $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 87 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (100%) Budgeted and Historical 2023 Revenues by Source $0.6 $0.5 Millions $0.4 $0.3 Transfers In Licenses & Permits Other Investment Earnings $0.2 $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Transfers In $0 $0 $0 $500,000 $0 -100% Licenses & Permits $486,924 $17,575 $40,330 $0 $0 0% $3 $0 $0 $0 $0 0% Revenue Source Other Town of Fountain Hills | Budget Book 2023 Page 88 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Investment Earnings $15,997 $11,137 $260 $2,400 $2,400 0% Total Revenue Source: $502,924 $28,712 $40,590 $502,400 $2,400 -99.5% Expenditures by Expense Type Budgeted Expenditures by Expense Type Meetings ​M eetings & Training (0.05%) Supplies ​S upplies (0.3%) ​IInternal nternal Service (0.4%) Dues ​D ues & Memberships (1.8%) Contractual ​C ontractual Services (21.7%) Maintenance ​M aintenance & Repair (75.8%) Town of Fountain Hills | Budget Book 2023 Page 89 Budgeted and Historical Expenditures by Expense Type $0.7 $0.6 Millions $0.5 Payroll Expenses Utilities Equipment/Improvemen Meetings & Training Supplies Internal Service Dues & Memberships Contractual Services Maintenance & Repair $0.4 $0.3 $0.2 $0.1 FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Payroll Expenses $23,955 $45,472 $12,172 $0 $0 0% Dues & Memberships $9,660 $9,560 $6,500 $11,215 $11,220 0% Meetings & Training $0 $0 $0 $300 $300 0% $347,156 $327,042 $306,439 $475,400 $475,400 0% FY 20 23 FY2020 Actual Name FY 20 22 FY 20 21 FY2019 Actual FY 20 19 FY 20 20 $0 Expense Objects Maintenance & Repair Utilities $0 $276 $0 $0 $0 0% $120,857 $104,970 $113,795 $135,945 $135,950 0% Supplies $36 $0 $0 $2,000 $2,000 0% Equipment/Improvemen $0 $375 $0 $0 $0 0% Internal Service $52 $96 $1,760 $2,222 $2,230 0.4% $501,717 $487,790 $440,666 $627,082 $627,100 0% Contractual Services Total Expense Objects: Town of Fountain Hills | Budget Book 2023 Page 90 Fund Balance Projections $1M $800K $600K $400K $200K $0 FY2019 FY2020 FY2021 FY2022 Assigned FY2019 FY2020 FY2021 FY2022 — — — — Assigned $824,536 $565,457 $365,381 $430,777 17.9% Total Fund Balance: $824,536 $565,457 $365,381 $430,777 17.9% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 91 Cottonwoods Maint Dist The Cottonwoods Maintenance District Fund {Fund 550) is a restricted fund which may only be used for maintenance of the Cottonwoods Maintenance District. Revenues are derived from a secondary property tax. Summary The Town of Fountain Hills is projecting $6.45K of revenue in FY2023, which represents a 0% increase over the prior year. Budgeted expenditures are projected to decrease by 38% or $6.52K to $10.62K in FY2023. $20K $15K $10K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $5K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (1.1%) Taxes ​T axes (98.9%) Town of Fountain Hills | Budget Book 2023 Page 92 Budgeted and Historical 2023 Revenues by Source $0.008 Millions $0.006 $0.004 Investment Earnings Taxes $0.002 FY 20 23 FY 20 22 FY 20 20 FY 20 19 Name FY 20 21 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $6,749 $6,701 $6,468 $6,381 $6,381 0% Investment Earnings $414 $273 $13 $72 $72 0% Total Revenue Source: $7,163 $6,974 $6,481 $6,453 $6,453 0% Revenue Source Taxes Town of Fountain Hills | Budget Book 2023 Page 93 Expenditures by Expense Type Budgeted Expenditures by Expense Type Supplies ​S upplies (0.3%) Contractual ​C ontractual Services (2.4%) Maintenance ​M aintenance & Repair (97.4%) Budgeted and Historical Expenditures by Expense Type $0.02 Millions $0.015 $0.01 Supplies Contractual Services Maintenance & Repair $0.005 FY 20 23 FY 20 21 FY 20 20 FY 20 19 Name FY 20 22 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $4,500 $4,500 $4,800 $16,851 $10,336 -38.7% Expense Objects Maintenance & Repair Town of Fountain Hills | Budget Book 2023 Page 94 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Contractual Services $0 $135 $98 $250 $250 0% Supplies $30 $30 $0 $30 $30 0% Total Expense Objects: $4,530 $4,664 $4,898 $17,131 $10,616 -38% Fund Balance Projections $25K $20K $15K $10K $5K $0 FY2019 FY2020 FY2021 FY2022 Restricted FY2019 FY2020 FY2021 FY2022 — — — — Restricted $19,678 $21,989 $23,572 $11,209 -52.4% Total Fund Balance: $19,678 $21,989 $23,572 $11,209 -52.4% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 95 Capital Funds Capital Project Funds are used for the acquisition and/ or construction of major capital items including facilities, heavy equipment, technology, open space, park improvements, and major road improvements. Summary The Town of Fountain Hills is projecting $5.46M of revenue in FY2023, which represents a 90.7% increase over the prior year. Budgeted expenditures are projected to increase by 24.1% or $1.58M to $8.15M in FY2023. $10M $7.5M $5M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $2.5M $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenue by Fund 2023 Revenue by Fund Fire/EMS ​F ire/EMS Dev Fee (0.3%) Park/Rec ​P ark/Rec Dev Fee (3.8%) Streets ​S treets Dev Fee (4.4%) Capital ​C apital Projects Fund (91.5%) Town of Fountain Hills | Budget Book 2023 Page 96 Budgeted and Historical 2023 Revenue by Fund $6 $5 Millions $4 $3 Fire/EMS Dev Fee Park/Rec Dev Fee Streets Dev Fee Capital Projects Fund $2 $1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Capital Projects Fund $1,178,618 $1,560,026 $1,093,900 $2,163,960 $4,996,951 130.9% Fire/EMS Dev Fee $32,812 $24,121 $63,387 $26,023 $16,221 -37.7% $0 $3,870 $77,874 $331,074 $240,438 -27.4% Park/Rec Dev Fee $128,085 $88,642 $257,704 $341,317 $205,348 -39.8% Total: $1,339,515 $1,676,659 $1,492,865 $2,862,374 $5,458,958 90.7% Streets Dev Fee Town of Fountain Hills | Budget Book 2023 Page 97 Expenditures by Fund 2023 Expenditures by Fund Capital ​C apital Projects Fund (100%) Budgeted and Historical 2023 Expenditures by Fund $10 $8 Millions $6 Fire/EMS Dev Fee Park/Rec Dev Fee Capital Projects Fund $4 $2 Name FY 20 23 FY 20 22 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $4,840,998 $1,904,544 $4,747,156 $6,223,000 $8,149,040 31% Fire/EMS Dev Fee $7,632 $1,723 $0 $0 $0 0% Park/Rec Dev Fee $33,094 $7,471 $40,000 $345,000 $0 -100% $4,881,724 $1,913,738 $4,787,156 $6,568,000 $8,149,040 24.1% Capital Projects Fund Total: Town of Fountain Hills | Budget Book 2023 Page 98 Expenditures by Expense Type Budgeted Expenditures by Expense Type Contractual ​C ontractual Services (0.03%) Contingency ​C ontingency (5.6%) Capital ​C apital Expenditures (94.3%) Budgeted and Historical Expenditures by Expense Type $10 $8 Millions $6 Transfers Out Equipment/Improvemen Contractual Services Contingency Capital Expenditures $4 $2 FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $43,446 $11,488 $43,168 $2,800 $2,800 0% FY 20 23 FY2019 Actual FY 20 22 FY 20 21 Name FY 20 20 FY 20 19 $0 Expense Objects Contractual Services Town of Fountain Hills | Budget Book 2023 Page 99 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Equipment/Improvemen $422,721 $116,281 $0 $50,000 $0 -100% Transfers Out $200,000 $266,361 $229,693 $345,000 $0 -100% Contingency $0 $0 $0 $296,200 $457,840 54.6% Capital Expenditures $4,215,558 $1,519,608 $4,514,294 $5,874,000 $7,688,400 30.9% Total Expense Objects: $4,881,724 $1,913,738 $4,787,156 $6,568,000 $8,149,040 24.1% Town of Fountain Hills | Budget Book 2023 Page 100 Capital Projects Fund Summary The Town of Fountain Hills is projecting $5M of revenue in FY2023, which represents a 130.9% increase over the prior year. Budgeted expenditures are projected to increase by 31% or $1.93M to $8.15M in FY2023. $10M $7.5M $5M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $2.5M $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (0.2%) ​IIntergovernmental ntergovernmental Revenue (1.4%) Taxes ​T axes (22.9%) Transfers ​T ransfers In (75.5%) Town of Fountain Hills | Budget Book 2023 Page 101 Budgeted and Historical 2023 Revenues by Source $6 $5 Millions $4 Other Investment Earnings Intergovernmental Revenue Taxes Transfers In $3 $2 $1 FY 20 22 FY2019 Actual FY2020 Actual FY2021 Actual FY 20 23 FY 20 21 Name FY 20 20 FY 20 19 $0 FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Revenue Source Taxes $966,359 $955,010 $995,192 $1,117,416 $1,141,951 2.2% Transfers In $0 $0 $0 $555,000 $3,775,000 580.2% Intergovernmental Revenue $0 $15,000 $78,995 $472,344 $70,000 -85.2% Other $54,211 $418,585 $0 $0 $0 0% Investment Earnings $158,048 $171,431 $19,713 $19,200 $10,000 -47.9% Total Revenue Source: $1,178,618 $1,560,026 $1,093,900 $2,163,960 $4,996,951 130.9% Town of Fountain Hills | Budget Book 2023 Page 102 Expenditures by Expense Type Budgeted Expenditures by Expense Type Contractual ​C ontractual Services (0.03%) Contingency ​C ontingency (5.6%) Capital ​C apital Expenditures (94.3%) Budgeted and Historical Expenditures by Expense Type $10 $8 Millions $6 Transfers Out Equipment/Improvemen Contractual Services Contingency Capital Expenditures $4 $2 FY 20 22 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $2,720 $2,294 $3,168 $2,800 $2,800 0% FY 20 23 FY 20 21 Name FY 20 20 FY 20 19 $0 Expense Objects Contractual Services Town of Fountain Hills | Budget Book 2023 Page 103 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Equipment/Improvemen $422,721 $116,281 $0 $50,000 $0 -100% Transfers Out $200,000 $266,361 $229,693 $0 $0 0% Contingency $0 $0 $0 $296,200 $457,840 54.6% Capital Expenditures $4,215,558 $1,519,608 $4,514,294 $5,874,000 $7,688,400 30.9% Total Expense Objects: $4,840,998 $1,904,544 $4,747,156 $6,223,000 $8,149,040 31% Fund Balance Projections $5M $4M $3M $2M $1M $0 FY2019 FY2020 FY2021 FY2022 Committed The Capital Projects Fund is used to accumulate funding for projects across fiscal years. The increase in this year's fund balance will be used in the next fiscal year. Additionally, fund balance is increased by transfers of excess revenues over expenditures in the General Fund.In FY22, over $9M was transferred to this fund for coming projects. Increases can also be explained by planned projects being delayed or postponed for various reasons. If the projects are approved to be carried over to another year, the fund balance will again be budgeted for the new year. FY2019 FY2020 FY2021 FY2022 — — — — Committed $4,342,555 $4,488,812 $3,305,053 $4,410,148 33.4% Total Fund Balance: $4,342,555 $4,488,812 $3,305,053 $4,410,148 33.4% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 104 Development Fee Funds The Development Fee Funds {Funds 710-770) are restricted funds which may only be used for the planning, design, and construction of public facili- ties serving the needs of the new development from which it was collected and designated as restricted. The Town has developed an Infrastructure Improvement Plan (IIP) that identifies each public improvement that is proposed to be the sub- ject of a development fee. This IIP is incorporated as part of the Town's Capital Improvement Program (CIP). Summary The Town of Fountain Hills is projecting $462.01K of revenue in FY2023, which represents a 33.8% decrease over the prior year. Budgeted expenditures are projected to decrease by 100% or $345K to N/A in FY2023. $800K $600K $400K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $200K $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 105 Revenue by Fund 2023 Revenue by Fund Fire/EMS ​F ire/EMS Dev Fee (3.5%) Park/Rec ​P ark/Rec Dev Fee (44.4%) Streets ​S treets Dev Fee (52%) Budgeted and Historical 2023 Revenue by Fund $0.8 Millions $0.6 $0.4 Fire/EMS Dev Fee Park/Rec Dev Fee Streets Dev Fee $0.2 Name Fire/EMS Dev Fee Streets Dev Fee Park/Rec Dev Fee FY 20 23 FY 20 22 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $32,812 $24,121 $63,387 $26,023 $16,221 -37.7% $0 $3,870 $77,874 $331,074 $240,438 -27.4% $128,085 $88,642 $257,704 $341,317 $205,348 -39.8% Town of Fountain Hills | Budget Book 2023 Page 106 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Total: $160,897 $116,633 $398,965 $698,414 $462,007 -33.8% Expenditures by Expense Type Budgeted Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type $0.4 Millions $0.3 $0.2 Contractual Services Transfers Out $0.1 Town of Fountain Hills | Budget Book 2023 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 107 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Contractual Services $40,726 $9,194 $40,000 $0 $0 0% Transfers Out $0 $0 $0 $345,000 $0 -100% Total Expense Objects: $40,726 $9,194 $40,000 $345,000 $0 -100% Expense Objects Town of Fountain Hills | Budget Book 2023 Page 108 Fire/EMS Dev Fee Summary The Town of Fountain Hills is projecting $16.22K of revenue in FY2023, which represents a 37.7% decrease over the prior year. Budgeted expenditures are projected to increase by 0% or N/A to N/A in FY2023. $80K $60K $40K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $20K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (6.2%) Licenses ​L icenses & Permits (93.8%) Town of Fountain Hills | Budget Book 2023 Page 109 Budgeted and Historical 2023 Revenues by Source $0.07 $0.06 Millions $0.05 $0.04 Investment Earnings Licenses & Permits $0.03 $0.02 $0.01 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Licenses & Permits $27,004 $20,315 $63,248 $23,623 $15,221 -35.6% Investment Earnings $5,808 $3,806 $139 $2,400 $1,000 -58.3% Total Revenue Source: $32,812 $24,121 $63,387 $26,023 $16,221 -37.7% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 110 Expenditures by Expense Type Budgeted Expenditures by Expense Type Budgeted and Historical Expenditures by Expense Type $0.01 $0.008 Millions $0.006 Contractual Services $0.004 $0.002 FY 20 19 FY 20 20 $0 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $7,632 $1,723 $0 $0 $0 0% Expense Objects Contractual Services Town of Fountain Hills | Budget Book 2023 Page 111 Name Total Expense Objects: FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $7,632 $1,723 $0 $0 $0 0% Fund Balance Projections $500K $400K $300K $200K $100K $0 FY2019 FY2020 FY2021 FY2022 Restricted FY2019 FY2020 FY2021 FY2022 — — — — Restricted $274,135 $296,533 $359,921 $392,742 9.1% Total Fund Balance: $274,135 $296,533 $359,921 $392,742 9.1% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 112 Streets Dev Fee Summary The Town of Fountain Hills is projecting $240.44K of revenue in FY2023, which represents a 27.4% decrease over the prior year. Budgeted expenditures are projected to increase by 0% or N/A to N/A in FY2023. $400K $300K $200K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $100K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (0.4%) Licenses ​L icenses & Permits (99.6%) Town of Fountain Hills | Budget Book 2023 Page 113 Budgeted and Historical 2023 Revenues by Source $0.4 Millions $0.3 $0.2 Investment Earnings Licenses & Permits $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Licenses & Permits $0 $3,870 $77,867 $331,074 $239,438 -27.7% Investment Earnings $0 $0 $7 $0 $1,000 N/A Total Revenue Source: $0 $3,870 $77,874 $331,074 $240,438 -27.4% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 114 Fund Balance Projections $3M $2.5M $2M $1.5M $1M $500K $0 FY2019 FY2020 FY2021 FY2022 Restricted FY2019 FY2020 FY2021 FY2022 — — — — Restricted $2,422,098 $3,870 $81,744 $247,194 202.4% Total Fund Balance: $2,422,098 $3,870 $81,744 $247,194 202.4% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 115 Park/Rec Dev Fee Summary The Town of Fountain Hills is projecting $205.35K of revenue in FY2023, which represents a 39.8% decrease over the prior year. Budgeted expenditures are projected to decrease by 100% or $345K to N/A in FY2023. $400K $300K $200K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $100K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (0.5%) Licenses ​L icenses & Permits (99.5%) Town of Fountain Hills | Budget Book 2023 Page 116 Budgeted and Historical 2023 Revenues by Source $0.4 Millions $0.3 $0.2 Investment Earnings Licenses & Permits $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Licenses & Permits $113,187 $78,604 $257,342 $336,517 $204,348 -39.3% Investment Earnings $14,898 $10,038 $362 $4,800 $1,000 -79.2% Total Revenue Source: $128,085 $88,642 $257,704 $341,317 $205,348 -39.8% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 117 Fund Balance Projections $1.5M $1.25M $1M $750K $500K $250K $0 FY2019 FY2020 FY2021 FY2022 Restricted FY2019 FY2020 FY2021 FY2022 — — — — Restricted $716,579 $797,749 $1,015,454 $1,261,525 24.2% Total Fund Balance: $716,579 $797,749 $1,015,454 $1,261,525 24.2% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 118 Internal Service Funds The Internal Service Funds are used to account for the Town’s business-type activities. These funds are considered self-supporting in that the services rendered are financed through user charges or are on a cost reimbursement basis. These funds are classified as having assigned fund balances. Summary The Town of Fountain Hills is projecting $392.58K of revenue in FY2023, which represents a 79.3% decrease over the prior year. Budgeted expenditures are projected to decrease by 33.7% or $321.34K to $633.3K in FY2023. $2M $1.5M $1M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $500K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenue by Fund 2023 Revenue by Fund Facilities ​F acilities Reserve Fund (0.3%) Technology ​T echnology Repl Fund (16.6%) Vehicle/Equip ​V ehicle/Equip Repl Fund (83.2%) Town of Fountain Hills | Budget Book 2023 Page 119 Budgeted and Historical 2023 Revenue by Fund $2 Millions $1.5 $1 Facilities Reserve Fund Technology Repl Fund Vehicle/Equip Repl Fund $0.5 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Facilities Reserve Fund $548,011 $532,495 $15,556 $1,507,200 $1,000 -99.9% Technology Repl Fund $0 $0 $12 $65,000 $65,017 0% Vehicle/Equip Repl Fund $340,953 $546,487 $578,894 $327,954 $326,558 -0.4% Total: $888,964 $1,078,982 $594,462 $1,900,154 $392,575 -79.3% Town of Fountain Hills | Budget Book 2023 Page 120 Expenditures by Fund 2023 Expenditures by Fund Vehicle/Equip ​V ehicle/Equip Repl Fund (5.3%) Technology ​T echnology Repl Fund (7.9%) Facilities ​F acilities Reserve Fund (86.8%) Budgeted and Historical 2023 Expenditures by Fund $1.5 $1.25 Millions $1 $0.75 Vehicle/Equip Repl Fund Technology Repl Fund Facilities Reserve Fund $0.5 $0.25 Name FY 20 23 FY 20 22 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Facilities Reserve Fund $437,028 $411,006 $434,166 $848,638 $550,000 -35.2% Technology Repl Fund $0 $0 $19,224 $50,000 $50,000 0% Town of Fountain Hills | Budget Book 2023 Page 121 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Vehicle/Equip Repl Fund $176,401 $899,187 $53,525 $56,000 $33,300 -40.5% Total: $613,429 $1,310,193 $506,915 $954,638 $633,300 -33.7% Expenditures by Expense Type Budgeted Expenditures by Expense Type Capital ​C apital Expenditures (5.3%) Equipment/Improvemen ​E quipment/Improvemen (7.1%) Contingency ​C ontingency (87.6%) Town of Fountain Hills | Budget Book 2023 Page 122 Budgeted and Historical Expenditures by Expense Type $1.5 $1.25 Millions $1 Maintenance & Repair Contractual Services Capital Expenditures Equipment/Improvemen Contingency $0.75 $0.5 $0.25 FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Maintenance & Repair $0 $154,394 $153,909 $232,045 $0 -100% Contractual Services $0 $0 $4,368 $0 $0 0% $437,028 $133,495 $292,891 $661,593 $45,000 -93.2% $0 $0 $0 $5,000 $555,000 11,000% Capital Expenditures $176,401 $1,022,304 $55,746 $56,000 $33,300 -40.5% Total Expense Objects: $613,429 $1,310,193 $506,915 $954,638 $633,300 -33.7% FY 20 23 FY2020 Actual Name FY 20 22 FY 20 21 FY2019 Actual FY 20 19 FY 20 20 $0 Expense Objects Equipment/Improvemen Contingency Town of Fountain Hills | Budget Book 2023 Page 123 Facilities Reserve Fund The Facilities Replacement Fund has been established to cover replacement costs for large scale items that cannot be absorbed in annual operating budgets. These items include, but are not limited to, roofing, interior and exterior building paint- ing, carpet replacement, physical plant mechanical equipment, Fire Department equipment and parks and recreation structures. Summary The Town of Fountain Hills is projecting $1K of revenue in FY2023, which represents a 99.9% decrease over the prior year. Budgeted expenditures are projected to decrease by 35.2% or $298.64K to $550K in FY2023. $2M $1.5M $1M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $500K $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 124 Expenditures by Expense Type Budgeted Expenditures by Expense Type Contingency ​C ontingency (100%) Budgeted and Historical Expenditures by Expense Type $1 $0.8 Millions $0.6 Capital Expenditures Maintenance & Repair Contractual Services Equipment/Improvemen Contingency $0.4 $0.2 FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $0 $154,394 $153,909 $232,045 $0 -100% FY 20 23 FY2019 Actual FY 20 22 FY 20 21 Name FY 20 20 FY 20 19 $0 Expense Objects Maintenance & Repair Town of Fountain Hills | Budget Book 2023 Page 125 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $0 $0 $4,368 $0 $0 0% $437,028 $133,495 $273,667 $616,593 $0 -100% Contingency $0 $0 $0 $0 $550,000 N/A Capital Expenditures $0 $123,117 $2,222 $0 $0 0% Total Expense Objects: $437,028 $411,006 $434,166 $848,638 $550,000 -35.2% Contractual Services Equipment/Improvemen Fund Balance Projections $7M $6M $5M $4M $3M $2M $1M $0 FY2019 FY2020 FY2021 FY2022 Assigned FY2019 FY2020 FY2021 FY2022 — — — — Assigned $1,489,426 $1,610,915 $1,192,305 $6,172,348 417.7% Total Fund Balance: $1,489,426 $1,610,915 $1,192,305 $6,172,348 417.7% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 126 Technology Repl Fund The Technology Replacement Fund has been established to cover replacement costs for large scale items that cannot be absorbed in annual operating budgets. These items include, but are not limited to, printers, servers, plotters, workstations, phones and phone system, and audio video equipment. Summary The Town of Fountain Hills is projecting $65.02K of revenue in FY2023, which represents a 0% increase over the prior year. Budgeted expenditures are projected to increase by 0% or N/A to $50K in FY2023. $80K $60K $40K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $20K $0 FY2019 FY2020 FY2021 FY2022 FY2023 Revenues by Source Projected 2023 Revenues by Source Transfers ​T ransfers In (100%) Town of Fountain Hills | Budget Book 2023 Page 127 Budgeted and Historical 2023 Revenues by Source $0.07 $0.06 Millions $0.05 $0.04 Investment Earnings Transfers In $0.03 $0.02 $0.01 Name FY 20 23 FY 20 21 FY 20 22 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Transfers In $0 $0 $0 $65,000 $65,017 0% Investment Earnings $0 $0 $12 $0 $0 0% Total Revenue Source: $0 $0 $12 $65,000 $65,017 0% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 128 Expenditures by Expense Type Budgeted Expenditures by Expense Type Contingency ​C ontingency (10%) Equipment/Improvemen ​E quipment/Improvemen (90%) Budgeted and Historical Expenditures by Expense Type $0.06 $0.05 Millions $0.04 $0.03 Contingency Equipment/Improvemen $0.02 $0.01 Name FY 20 23 FY 20 21 FY 20 22 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $0 $0 $19,224 $45,000 $45,000 0% Expense Objects Equipment/Improvemen Town of Fountain Hills | Budget Book 2023 Page 129 Name Contingency Total Expense Objects: FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $0 $0 $0 $5,000 $5,000 0% $0 $0 $19,224 $50,000 $50,000 0% Fund Balance Projections $125K $100K $75K $50K $25K $0 FY2019 FY2020 FY2021 FY2022 Assigned FY2021 FY2022 — — Assigned $95,787 $116,863 22% Total Fund Balance: $95,787 $116,863 22% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 130 Vehicle/Equip Repl Fund The purpose of the Vehicle Replacement Program is to provide an authoritative decision-making process for the evaluation, selection, and multi-year scheduling of vehicle replacements based on a projection of available fiscal resources and the vehicle's age, mileage, engine hours and repair costs. The objectives of the program are to: a. Ensure the timely purchase, repair and replacement of the Town's vehicles; b. Serve as a link in the Town's planning between the Town's operating and capital budgets; c. Maintain control over the Town's long-term cash flow in relation to the Town's financial capacity; and d. Ensure efficient, effective and coordinated vehicle acquisition and replacement. Summary The Town of Fountain Hills is projecting $326.56K of revenue in FY2023, which represents a 0.4% decrease over the prior year. Budgeted expenditures are projected to decrease by 40.5% or $22.7K to $33.3K in FY2023. $1M $750K $500K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $250K $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 131 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (0.3%) Transfers ​T ransfers In (99.7%) Budgeted and Historical 2023 Revenues by Source $0.7 $0.6 Millions $0.5 $0.4 Other Investment Earnings Transfers In $0.3 $0.2 $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Transfers In $268,446 $458,250 $567,147 $325,554 $325,558 0% Other $46,458 $72,125 $11,325 $0 $0 0% Investment Earnings $26,049 $16,112 $422 $2,400 $1,000 -58.3% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 132 Name Total Revenue Source: FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $340,953 $546,487 $578,894 $327,954 $326,558 -0.4% Expenditures by Expense Type Budgeted Expenditures by Expense Type Capital ​C apital Expenditures (100%) Town of Fountain Hills | Budget Book 2023 Page 133 Budgeted and Historical Expenditures by Expense Type $1 $0.8 Millions $0.6 Capital Expenditures $0.4 $0.2 FY 20 23 FY 20 22 FY 20 20 FY 20 19 Name FY 20 21 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Capital Expenditures $176,401 $899,187 $53,525 $56,000 $33,300 -40.5% Total Expense Objects: $176,401 $899,187 $53,525 $56,000 $33,300 -40.5% Expense Objects Town of Fountain Hills | Budget Book 2023 Page 134 Fund Balance Projections $2M $1.5M $1M $500K $0 FY2019 FY2020 FY2021 FY2022 Assigned FY2019 FY2020 FY2021 FY2022 — — — — Assigned $1,762,743 $848,513 $1,373,883 $1,375,158 0.1% Total Fund Balance: $1,762,743 $848,513 $1,373,883 $1,375,158 0.1% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 135 Debt Service Funds The Debt Service Funds provide for the payment of interest, principal, and related costs on General Obligation (GO) bonds (both the Town of Fountain Hills and the Eagle Mountain Community Facilities District) and Municipal Property Corporation (MPC) Revenue bonds. Summary The Town of Fountain Hills is projecting $2.78K of revenue in FY2023, which represents a 21.9% increase over the prior year. Budgeted expenditures are projected to increase by 559.3% or $13.2K to $15.56K in FY2023. $3M $2M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $1M $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 136 Expenditures by Expense Type Budgeted Expenditures by Expense Type Dues ​D ues & Memberships (0.06%) Debt ​D ebt Service (99.9%) Budgeted and Historical Expenditures by Expense Type $3 $2.5 Millions $2 $1.5 Contractual Services Dues & Memberships Debt Service $1 $0.5 Name FY 20 23 FY 20 22 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $0 $10 $10 $10 $10 0% Expense Objects Dues & Memberships Town of Fountain Hills | Budget Book 2023 Page 137 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Contractual Services $0 $138 $78 $0 $0 0% Debt Service $2,760,471 $2,379,151 $407,465 $2,350 $15,550 561.7% Total Expense Objects: $2,760,471 $2,379,299 $407,554 $2,360 $15,560 559.3% Town of Fountain Hills | Budget Book 2023 Page 138 GO Bond Debt Service Fund Voter-approved General Obligation bonds issued by the Town are repaid by collecting a secondary property tax. This secondary property tax levy is based on the total amount required for the annual principal and interest payments (with adjustments for carry-forward and/or interest earnings, delinquencies, etc.) divided by the total assessed valuation for the Town of Fountain Hills. Currently, the Town does not have any outstanding General Obligation bonds, and a town-wide secondary property tax is not required for fiscal year 2023. Summary The Town of Fountain Hills is projecting $1.2K of revenue in FY2023, which represents a 0% increase over the prior year. Budgeted expenditures are projected to increase by 0% or N/A to $350 in FY2023. $2.5M $2M $1.5M Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $1M $500K $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 139 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (100%) Budgeted and Historical 2023 Revenues by Source $2.5 $2 Millions $1.5 Taxes Investment Earnings $1 $0.5 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $2,011,867 $1,665,453 $26,014 $0 $0 0% $18,703 $7,063 $59 $1,200 $1,200 0% Revenue Source Taxes Investment Earnings Town of Fountain Hills | Budget Book 2023 Page 140 Name Total Revenue Source: FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $2,030,570 $1,672,516 $26,073 $1,200 $1,200 0% Expenditures by Function Budgeted Expenditures by Function Administration ​A dministration (100%) Town of Fountain Hills | Budget Book 2023 Page 141 Budgeted and Historical Expenditures by Function 2.5 2 Millions 1.5 1 0.5 FY 20 23 FY 20 22 FY 20 19 FY 20 20 0 Administration Grey background indicates budgeted figures. Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $1,972,850 $1,664,300 $0 $350 $350 0% $1,972,850 $1,664,300 $0 $350 $350 0% Expenditures Administration Total Expenditures: Town of Fountain Hills | Budget Book 2023 Page 142 Fund Balance Projections $175K $150K $125K $100K $75K $50K $25K $0 FY2019 FY2020 FY2021 FY2022 Restricted FY2019 FY2020 FY2021 FY2022 — — — — Restricted $116,003 $124,219 $150,292 $150,169 -0.1% Total Fund Balance: $116,003 $124,219 $150,292 $150,169 -0.1% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 143 Eagle Mountain CFD Debt Service There have been four bond issues (issued as General Obligation bonds) that were approved for specific purposes: The first two CFD bond issues in 1996 (refunded in 2005) were to acquire certain public infrastructure benefiting the District, specifically a sewer project, a storm water conveyance system project, the Eagle Mountain Parkway Phase I project, and the Summer Hill Boulevard project. The third CFD bond issue, completed in 2005, refunded and defeased the two 1996 issues. The fourth issue refinanced the outstanding bonds in 2015 to reduce interest costs. The Eagle Mountain Community Facilities District debt payments are levied on the property owners within the District. These obligations are paid by the property owners using secondary property taxes, less any credits, carry-forward and/or interest earnings and allowing for delinquencies. The final payment on the fourth issue was made on 7/1/2021. As a result, a secondary property tax will not be assessed for fiscal year 2023. Summary The Town of Fountain Hills is projecting $1.48K of revenue in FY2023, which represents a 516.7% increase over the prior year. Budgeted expenditures are projected to increase by % or $13.2K to $14.2K in FY2023. $500K $400K $300K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $200K $100K $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 144 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (6.8%) Taxes ​T axes (93.2%) Budgeted and Historical 2023 Revenues by Source $0.5 $0.4 Millions $0.3 Investment Earnings Taxes $0.2 $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $409,114 $414,614 $394,904 $0 $1,380 N/A $3,344 $1,736 $39 $240 $100 -58.3% Revenue Source Taxes Investment Earnings Town of Fountain Hills | Budget Book 2023 Page 145 Name Total Revenue Source: FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $412,458 $416,350 $394,943 $240 $1,480 516.7% Expenditures by Function Budgeted Expenditures by Function Administration ​A dministration (100%) Town of Fountain Hills | Budget Book 2023 Page 146 Budgeted and Historical Expenditures by Function $0.5 $0.4 Millions $0.3 Administration $0.2 $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $405,767 $409,129 $407,044 $1,000 $14,200 1,320% $405,767 $409,129 $407,044 $1,000 $14,200 1,320% Expenditures Administration Total Expenditures: Town of Fountain Hills | Budget Book 2023 Page 147 Fund Balance Projections $30K $25K $20K $15K $10K $5K $0 FY2019 FY2020 FY2021 FY2022 Restricted FY2019 FY2020 FY2021 FY2022 — — — — Restricted $19,091 $26,312 $14,212 $18,163 27.8% Total Fund Balance: $19,091 $26,312 $14,212 $18,163 27.8% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 148 MPC Debt Serv One of the methods of funding major municipal projects is the use of a Municipal Property Corporation (MPC). The Town created the Fountain Hills Municipal Proper- ty Corporation and bonds were issued in 2000 and 2001 to build the Community Center and purchase a portion of the McDowell Mountain Preserve, respectively. In 2004, MPC bonds were used to construct Town Hall. While the bonds are outstand- ing, the MPC owns the land and buildings purchased with bond proceeds. Now that all the MPC bonds have been redeemed, ownership of the buildings and land have been transferred to the Town. Summary The Town of Fountain Hills is projecting $100 of revenue in FY2023, which represents a 88.1% decrease over the prior year. Budgeted expenditures are projected to increase by 0% or N/A to $1.01K in FY2023. $500K $400K $300K Actual Revenue Source Budgeted Revenue Source Actual Expenditures Budgeted Expenditures $200K $100K $0 FY2019 FY2020 Town of Fountain Hills | Budget Book 2023 FY2021 FY2022 FY2023 Page 149 Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (100%) Budgeted and Historical 2023 Revenues by Source $0.5 $0.4 Millions $0.3 Transfers In Investment Earnings $0.2 $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Transfers In $381,554 $303,235 $0 $0 $0 0% Investment Earnings $7,090 $1,866 $29 $840 $100 -88.1% Revenue Source Town of Fountain Hills | Budget Book 2023 Page 150 Name Total Revenue Source: FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $388,644 $305,101 $29 $840 $100 -88.1% Expenditures by Function Budgeted Expenditures by Function Administration ​A dministration (100%) Town of Fountain Hills | Budget Book 2023 Page 151 Budgeted and Historical Expenditures by Function $0.5 $0.4 Millions $0.3 Administration $0.2 $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $381,854 $305,870 $510 $1,010 $1,010 0% $381,854 $305,870 $510 $1,010 $1,010 0% Expenditures Administration Total Expenditures: Town of Fountain Hills | Budget Book 2023 Page 152 Fund Balance Projections $15K $12.5K $10K $7.5K $5K $2.5K $0 FY2019 FY2020 FY2021 FY2022 Restricted FY2019 FY2020 FY2021 FY2022 — — — — Restricted $12,306 $11,537 $11,027 $11,438 3.7% Total Fund Balance: $12,306 $11,537 $11,027 $11,438 3.7% Fund Balance Town of Fountain Hills | Budget Book 2023 % Change Page 153 FUNDING SOURCES Town of Fountain Hills | Budget Book 2023 Page 154 Transaction Privilege Tax (All Funds) Summary $17,364,502 $702,171 (4.21% vs. prior year) Transaction Privilege Tax (All Funds) Proposed and Historical Budget vs. Actual 20M 15M 10M 5M 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenue by Fund 2023 Revenue by Fund Downtown ​D owntown Strategy Fund (0.7%) Economic ​E conomic Development Fund (2.8%) Capital ​C apital Projects Fund (6.6%) Streets ​S treets Fund (6.9%) General ​G eneral Fund (83.1%) Town of Fountain Hills | Budget Book 2023 Page 155 Budgeted and Historical 2023 Revenue by Fund $20 Millions $15 Downtown Strategy Fund Economic Development Fund Capital Projects Fund Streets Fund General Fund $10 $5 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 FY2022 Adopted Budgeted Budget vs. FY2023 Budgeted (% Change) $9,198,866 $10,775,505 $13,042,381 $13,826,923 $14,426,223 4.3% $9,198,866 $10,775,505 $13,042,381 $13,826,923 $14,426,223 4.3% $9,198,866 $10,775,505 $13,042,381 $13,826,923 $14,426,223 4.3% $966,359 $955,010 $995,192 $1,117,416 $1,141,951 2.2% $966,359 $955,010 $995,192 $1,117,416 $1,141,951 2.2% $966,359 $955,010 $995,192 $1,117,416 $1,141,951 2.2% $883,932 $961,250 $1,079,813 $1,145,328 $1,197,552 4.6% Total Taxes: $883,932 $961,250 $1,079,813 $1,145,328 $1,197,552 4.6% Total Streets Fund: $883,932 $961,250 $1,079,813 $1,145,328 $1,197,552 4.6% $88,393 $96,125 $107,981 $114,528 $119,755 4.6% $88,393 $96,125 $107,981 $114,528 $119,755 4.6% $88,393 $96,125 $107,981 $114,528 $119,755 4.6% General Fund Taxes SALES TAX-LOCAL Total Taxes: Total General Fund: Capital Projects Fund Taxes SALES TAX-LOCAL Total Taxes: Total Capital Projects Fund: Streets Fund Taxes SALES TAX-LOCAL Downtown Strategy Fund Taxes SALES TAX-LOCAL Total Taxes: Total Downtown Strategy Fund: Town of Fountain Hills | Budget Book 2023 Page 156 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 FY2022 Adopted Budgeted Budget vs. FY2023 Budgeted (% Change) $353,573 $384,500 $431,925 $458,136 $479,021 4.6% $353,573 $384,500 $431,925 $458,136 $479,021 4.6% Total Economic Development Fund: $353,573 $384,500 $431,925 $458,136 $479,021 4.6% Total: $11,491,123 $13,172,390 $15,657,292 $16,662,331 $17,364,502 4.2% Economic Development Fund Taxes SALES TAX-LOCAL Total Taxes: Town of Fountain Hills | Budget Book 2023 Page 157 TPT - General Fund Summary $14,426,223 $599,300 (4.33% vs. prior year) TPT - General Fund Proposed and Historical Budget vs. Actual 17.5M 15M 12.5M 10M 7.5M 5M 2.5M 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenues by Source Projected 2023 Revenues by Source Taxes ​T axes (100%) Town of Fountain Hills | Budget Book 2023 Page 158 Budgeted and Historical 2023 Revenues by Source $17.5 $15 Millions $12.5 $10 Taxes $7.5 $5 $2.5 FY 20 22 FY 20 23 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) SALES TAXLOCAL $9,198,866 $10,775,505 $13,042,381 $13,826,923 $14,426,223 4.3% Total Taxes: $9,198,866 $10,775,505 $13,042,381 $13,826,923 $14,426,223 4.3% Total Revenue Source: $9,198,866 $10,775,505 $13,042,381 $13,826,923 $14,426,223 4.3% Name Revenue Source Taxes Town of Fountain Hills | Budget Book 2023 Page 159 TPT - Streets Fund Summary $1,197,552 $52,224 (4.56% vs. prior year) TPT - Streets Fund Proposed and Historical Budget vs. Actual 1,500k 1,250k 1,000k 750k 500k 250k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenues by Source Projected 2023 Revenues by Source Taxes ​T axes (100%) Town of Fountain Hills | Budget Book 2023 Page 160 Budgeted and Historical 2023 Revenues by Source $1.5 $1.25 Millions $1 $0.75 Taxes $0.5 $0.25 FY 20 22 FY 20 23 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) SALES TAXLOCAL $883,932 $961,250 $1,079,813 $1,145,328 $1,197,552 4.6% Total Taxes: $883,932 $961,250 $1,079,813 $1,145,328 $1,197,552 4.6% Total Revenue Source: $883,932 $961,250 $1,079,813 $1,145,328 $1,197,552 4.6% Name Revenue Source Taxes Town of Fountain Hills | Budget Book 2023 Page 161 TPT - Capital Projects Fund Summary $1,141,951 $24,535 (2.20% vs. prior year) TPT - Capital Projects Fund Proposed and Historical Budget vs. Actual 1,250k 1,000k 750k 500k 250k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenues by Source Projected 2023 Revenues by Source Taxes ​T axes (100%) Town of Fountain Hills | Budget Book 2023 Page 162 Budgeted and Historical 2023 Revenues by Source $1.25 $1 Millions $0.75 Taxes $0.5 $0.25 FY 20 22 FY 20 23 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) SALES TAXLOCAL $966,359 $955,010 $995,192 $1,117,416 $1,141,951 2.2% Total Taxes: $966,359 $955,010 $995,192 $1,117,416 $1,141,951 2.2% Total Revenue Source: $966,359 $955,010 $995,192 $1,117,416 $1,141,951 2.2% Name Revenue Source Taxes Town of Fountain Hills | Budget Book 2023 Page 163 TPT - Economic Development Fund Summary $479,021 $20,885 (4.56% vs. prior year) TPT - Economic Development Fund Proposed and Historical Budget vs. Actual 600k 500k 400k 300k 200k 100k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenues by Source Projected 2023 Revenues by Source Taxes ​T axes (100%) Town of Fountain Hills | Budget Book 2023 Page 164 Budgeted and Historical 2023 Revenues by Source $0.6 $0.5 Millions $0.4 $0.3 Taxes $0.2 $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) SALES TAXLOCAL $353,573 $384,500 $431,925 $458,136 $479,021 4.6% Total Taxes: $353,573 $384,500 $431,925 $458,136 $479,021 4.6% Total Revenue Source: $353,573 $384,500 $431,925 $458,136 $479,021 4.6% Revenue Source Taxes Town of Fountain Hills | Budget Book 2023 Page 165 TPT - Downtown Strategy Fund Summary $119,755 $5,227 (4.56% vs. prior year) TPT - Downtown Strategy Fund Proposed and Historical Budget vs. Actual 150k 125k 100k 75k 50k 25k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenues by Source Projected 2023 Revenues by Source Taxes ​T axes (100%) Town of Fountain Hills | Budget Book 2023 Page 166 Budgeted and Historical 2023 Revenues by Source $0.15 $0.125 Millions $0.1 $0.075 Taxes $0.05 $0.025 FY 20 22 FY 20 23 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) SALES TAXLOCAL $88,393 $96,125 $107,981 $114,528 $119,755 4.6% Total Taxes: $88,393 $96,125 $107,981 $114,528 $119,755 4.6% Total Revenue Source: $88,393 $96,125 $107,981 $114,528 $119,755 4.6% Name Revenue Source Taxes Town of Fountain Hills | Budget Book 2023 Page 167 State Shared Revenues (All Funds) Summary $11,514,452 $1,822,660 (18.81% vs. prior year) State Shared Revenues (All Funds) Proposed and Historical Budget vs. Actual 12.5M 10M 7.5M 5M 2.5M 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenues by Type State Shared Revenues by Type State Income Tax $3,287,995.00 State Sales Tax $3,164,246.00 Highway User Revenue Funds (HURF) $2,196,750.00 Vehicle License Tax (VLT) $1,185,693.00 Other $490,155.00 Town of Fountain Hills | Budget Book 2023 Page 168 Revenue by Fund 2023 Revenue by Fund Streets ​S treets Fund (23.3%) General ​G eneral Fund (76.7%) Budgeted and Historical 2023 Revenue by Fund $12.5 $10 Millions $7.5 Streets Fund General Fund $5 $2.5 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget $0 $4,200 $500 $2,000 FY2023 FY2022 Adopted Budgeted Budget vs. FY2023 Budgeted (% Change) General Fund Intergovernmental Revenue LIQUOR LICENSE FEES Town of Fountain Hills | Budget Book 2023 $500 -75% Page 169 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget $0 $128,565 $83,459 $115,464 $116,619 1% FRANCHISE FEES $423,947 $434,896 $324,426 $434,896 $325,000 -25.3% SALES TAX-STATE $2,476,030 $2,582,751 $2,989,554 $2,958,864 $3,409,475 15.2% INCOME TAX-STATE $2,976,998 $3,231,181 $3,601,432 $3,288,000 $4,597,467 39.8% VEHICLE LICENSE TAX $0 $318,252 $358,859 $350,592 $338,350 -3.5% LIQUOR LICENSE FEES $1,750 $0 $0 $0 $0 0% BUSINESS LICENSE $137,869 $0 $0 $0 $0 0% FIRE INSURANCE PREM TAX $46,275 $46,623 $45,703 $47,560 $48,036 1% Total Intergovernmental Revenue: $6,062,869 $6,746,468 $7,403,933 $7,197,376 $8,835,447 22.8% $6,062,869 $6,746,468 $7,403,933 $7,197,376 $8,835,447 22.8% VEHICLE LICENSE TAX $1,061,441 $742,588 $837,338 $818,040 $789,485 -3.5% HIGHWAY USERS TAX $1,679,594 $1,830,157 $1,747,200 $1,676,376 $1,889,520 12.7% Total Intergovernmental Revenue: $2,741,035 $2,572,745 $2,584,538 $2,494,416 $2,679,005 7.4% Total Streets Fund: $2,741,035 $2,572,745 $2,584,538 $2,494,416 $2,679,005 7.4% Total: $8,803,904 $9,319,213 $9,988,471 $9,691,792 $11,514,452 18.8% BUSINESS LICENSE Total General Fund: FY2023 FY2022 Adopted Budgeted Budget vs. FY2023 Budgeted (% Change) Streets Fund Intergovernmental Revenue Town of Fountain Hills | Budget Book 2023 Page 170 State Shared Revenues - General Fund Summary $8,835,447 $1,638,071 (22.76% vs. prior year) State Shared Revenues - General Fund Proposed and Historical Budget vs. Actual 10M 8M 6M 4M 2M 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenues by Source Projected 2023 Revenues by Source ​IIntergovernmental ntergovernmental Revenue (100%) Town of Fountain Hills | Budget Book 2023 Page 171 Budgeted and Historical 2023 Revenues by Source $10 $8 Millions $6 Intergovernmental Revenue $4 $2 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) LIQUOR LICENSE FEES $0 $4,200 $500 $2,000 $500 -75% BUSINESS LICENSE $0 $128,565 $83,459 $115,464 $116,619 1% Revenue Source Intergovernmental Revenue FRANCHISE FEES $423,947 $434,896 $324,426 $434,896 $325,000 -25.3% SALES TAX-STATE $2,476,030 $2,582,751 $2,989,554 $2,958,864 $3,409,475 15.2% INCOME TAX-STATE $2,976,998 $3,231,181 $3,601,432 $3,288,000 $4,597,467 39.8% VEHICLE LICENSE TAX $0 $318,252 $358,859 $350,592 $338,350 -3.5% LIQUOR LICENSE FEES $1,750 $0 $0 $0 $0 0% BUSINESS LICENSE $137,869 $0 $0 $0 $0 0% FIRE INSURANCE PREM TAX $46,275 $46,623 $45,703 $47,560 $48,036 1% Total Intergovernmental Revenue: $6,062,869 $6,746,468 $7,403,933 $7,197,376 $8,835,447 22.8% $6,062,869 $6,746,468 $7,403,933 $7,197,376 $8,835,447 22.8% Total Revenue Source: Town of Fountain Hills | Budget Book 2023 Page 172 State Shared Revenue - Streets Fund Summary $2,679,005 $184,589 (7.40% vs. prior year) State Shared Revenue - Streets Fund Proposed and Historical Budget vs. Actual 3,000k 2,500k 2,000k 1,500k 1,000k 500k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenues by Source Projected 2023 Revenues by Source ​IIntergovernmental ntergovernmental Revenue (100%) Town of Fountain Hills | Budget Book 2023 Page 173 Budgeted and Historical 2023 Revenues by Source $3 $2.5 Millions $2 $1.5 Intergovernmental Revenue $1 $0.5 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) VEHICLE LICENSE TAX $1,061,441 $742,588 $837,338 $818,040 $789,485 -3.5% HIGHWAY USERS TAX $1,679,594 $1,830,157 $1,747,200 $1,676,376 $1,889,520 12.7% Total Intergovernmental Revenue: $2,741,035 $2,572,745 $2,584,538 $2,494,416 $2,679,005 7.4% $2,741,035 $2,572,745 $2,584,538 $2,494,416 $2,679,005 7.4% Revenue Source Intergovernmental Revenue Total Revenue Source: Town of Fountain Hills | Budget Book 2023 Page 174 Other Revenues (All Funds) Summary $2,313,284 -$479,497 (-17.17% vs. prior year) Other Revenues (All Funds) Proposed and Historical Budget vs. Actual 4M 3M 2M 1M 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenues by Source Projected 2023 Revenues by Source ​IInvestment nvestment Earnings (2.4%) Other ​O ther (5.9%) Fines ​F ines & Forfeitures (11%) Licenses ​L icenses & Permits (48.6%) Leases ​L eases & Rents (13%) Charges ​C harges For Services (19.2%) Town of Fountain Hills | Budget Book 2023 Page 175 Budgeted and Historical 2023 Revenues by Source $4 Millions $3 Investment Earnings Other Fines & Forfeitures Leases & Rents Charges For Services Licenses & Permits $2 $1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) SPECIAL EVENT PERMIT $0 $775 $200 $750 $500 -33.3% SPECIAL EVENT PERMIT $800 $0 $0 $0 $0 0% Revenue Source Licenses & Permits SIGN PERMITS $125 $25 $100 $100 $100 0% PLANNING & ZONING FEES $13,212 $8,370 $4,356 $16,185 $16,095 -0.6% LANDSCAPE PERMITS $27,300 $18,901 $23,099 $16,800 $16,800 0% VARIANCES $2,500 $3,315 $3,610 $4,300 $4,300 0% SUBDIVISION FEES $76,952 $99,450 $30,298 $52,250 $52,250 0% BUILDING PERMIT $230,326 $199,573 $327,204 $395,923 $408,398 3.2% SIGN PERMITS $8,780 $4,960 $9,100 $3,250 $3,250 0% PLAN REVIEW $148,560 $129,696 $183,985 $263,948 $85,000 -67.8% INSPECTION FEES $750 $750 $1,500 $750 $750 0% BUILDING PERMIT $0 $0 $50 $0 $0 0% PLAN REVIEW $0 $100 $50 $0 $0 0% INSPECTION FEES $17,437 $12,903 $25,871 $14,750 $14,750 0% ENCROACHMENT PERMITS $717,686 $71,075 $132,522 $35,000 $35,000 0% PLAN REVIEW $10,200 $18,070 $12,150 $10,000 $10,000 0% $0 $0 $0 $1,500 $1,500 0% ENGINEERING FEES $8,350 $5,600 $10,100 $5,900 $5,900 0% PLAN REVIEW $700 $0 $0 $1,750 $1,750 0% $10,010 $8,875 $5,350 $8,000 $8,000 0% $70 $55 $90 $170 $210 23.5% INSPECTION FEES SPECIAL EVENT PERMIT ALCOHOL PERMITS Town of Fountain Hills | Budget Book 2023 Page 176 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $100 $90 $30 $210 $210 0% ALCOHOL PERMITS $10 $10 $30 $210 $170 -19% ALCOHOL PERMITS $20 $10 $0 $40 $40 0% ENVIRONMENTAL FEE $486,924 $17,575 $40,330 $0 $0 0% DEVELOPMENT FEES $27,004 $20,315 $63,248 $23,623 $15,221 -35.6% DEVELOPMENT FEES $0 $3,870 $77,867 $331,074 $239,438 -27.7% ALCOHOL PERMITS DEVELOPMENT FEES $113,187 $78,604 $257,342 $336,517 $204,348 -39.3% Total Licenses & Permits: $1,901,003 $702,967 $1,208,482 $1,523,000 $1,123,980 -26.2% $144,093 $124,264 $223,235 $120,189 $126,778 5.5% $1 $2 $1 $1 $1 0% $45,964 $66,841 $68,842 $70,908 $80,036 12.9% $300 $300 $0 $300 $300 0% RENTAL FEES $10,987 $7,611 $6,634 $7,110 $7,110 0% NON-TAXABLE RENTAL $7,000 $7,000 $0 $7,000 $7,000 0% RENTAL FEES $6,173 $4,669 $3,794 $6,000 $6,000 0% RENTAL FEES $11,522 $27,620 $59,609 $10,000 $10,000 0% RENTAL FEES $535 $650 $1,384 $930 $930 0% RENTAL FEES $853 $1,260 $514 $750 $750 0% RENTAL FEES $52,293 $45,868 $2,442 $59,191 $60,967 3% NON-TAXABLE RENTAL $1,080 $306 $0 $0 $0 0% $280,801 $286,391 $366,455 $282,379 $299,872 6.2% PROGRAM FEES $0 $0 $0 $25,000 $25,000 0% PROGRAM FEES $53,533 $50,582 $20 $0 $0 0% PROGRAM FEES $0 $0 $24,090 $55,500 $58,500 5.4% PROGRAM FEES $13,666 $13,269 $12,256 $13,000 $13,000 0% PROGRAM FEES $41,492 $53,350 $15,417 $45,000 $45,000 0% PROGRAM FEES $10,563 $3,058 $1,810 $8,500 $8,500 0% PROGRAM FEES $27,212 $32,325 $28,515 $50,050 $55,050 10% PROGRAM FEES $28,420 $27,556 $1,475 $38,425 $38,425 0% $0 $3,841 $7,077 $200,000 $100,000 -50% Leases & Rents CELL TOWER LEASE NON-TAXABLE RENTAL RENTAL FEES NON-TAXABLE RENTAL Total Leases & Rents: Charges For Services IN-LIEU FEES IN-LIEU FEES $6,219 $38,967 $0 $100,000 $100,000 0% $181,105 $222,948 $90,660 $535,475 $443,475 -17.2% MISCELLANEOUS REVENUE $150 $0 $0 $0 $0 0% REIMBURSEMENTS/REFUNDS $374 $0 $0 $0 $0 0% MISCELLANEOUS REVENUE $0 $3,200 $10 $0 $0 0% DONATIONS $0 $0 $880 $0 $0 0% Total Charges For Services: Other Town of Fountain Hills | Budget Book 2023 Page 177 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) REIMBURSEMENTS/REFUNDS $18,091 $35,122 $49,615 $0 $0 0% RESTITUTION/INS PROCEEDS $115,155 $0 $0 $0 $0 0% MISCELLANEOUS REVENUE $309 $215 $40 $200 $200 0% $0 $2,313 $2,526 $1,500 $2,500 66.7% DONATIONS $255 $0 $0 $0 $0 0% AUCTION/RECYCLE PROCEEDS $611 $647 $335 $0 $0 0% MISCELLANEOUS REVENUE $64 $7 $5 $0 $0 0% MISCELLANEOUS REVENUE $199 $165 $101 $5,000 $5,000 0% TAXABLE SALES $182 $36 $26 $500 $500 0% CONVENIENCE FEES $645 $780 $183 $750 $500 -33.3% CONVENIENCE FEES $2,604 $0 $0 $0 $0 0% DONATIONS $0 $14,500 $0 $0 $0 0% REIMBURSEMENTS/REFUNDS $0 $0 $7,211 $0 $0 0% RESTITUTION/INS PROCEEDS $0 $178,459 $162,191 $0 $0 0% REIMBURSEMENTS/REFUNDS $0 $478 $150 $0 $0 0% MISCELLANEOUS REVENUE $43 $52 $49 $25 $25 0% TAXABLE SALES $134 $41 $6 $0 $0 0% MISCELLANEOUS REVENUE $2,224 $0 $0 $0 $0 0% TAXABLE SALES $4,214 $1,970 $963 $2,000 $2,000 0% CONVENIENCE FEES CONVENIENCE FEES $0 $0 $3 $0 $0 0% DONATIONS $960 $50 $1,000 $100 $0 -100% DONATIONS $0 $0 $0 $0 $100 N/A CONVENIENCE FEES $12 $0 $0 $0 $0 0% CONVENIENCE FEES $57 $15 $39 $0 $0 0% AUCTION/RECYCLE PROCEEDS $0 $1,154 $196 $640 $500 -21.9% DONATIONS $0 $0 $0 $10,000 $10,000 0% $750 $0 $0 $0 $0 0% $1,260 N/A SPONSORSHIPS $5,000 $4,700 $1,100 $5,000 $5,000 0% SPONSORSHIPS $0 $0 $750 $0 $0 0% SPONSORSHIPS $0 $0 $0 $200 $2,500 1,150% SPONSORSHIPS $0 $0 $500 $0 $1,500 N/A SPONSORSHIPS $0 MISCELLANEOUS REVENUE REIMBURSEMENTS/REFUNDS $0 $750 $0 $0 0% SPONSORSHIPS $0 $0 $0 $3,000 N/A SPONSORSHIPS $0 $0 $0 $5,500 N/A SPONSORSHIPS $0 $0 $0 $23,000 $23,000 0% SPONSORSHIPS $0 $0 $1,000 $8,800 $8,800 0% SPONSORSHIPS DONATIONS $0 $0 $3,289 $0 $0 0% $25,255 $21,570 $0 $0 $0 0% $10 $0 $0 $50 $50 0% MISCELLANEOUS REVENUE Town of Fountain Hills | Budget Book 2023 Page 178 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) TAXABLE SALES $23,744 $2,746 $1,560 $2,000 $2,000 0% TAXABLE SALES $0 $0 $200 $0 $0 0% $0 $357 $0 $0 0% TAXABLE SALES TAXABLE SALES $0 $0 $0 $23,000 $23,000 0% MISCELLANEOUS REVENUE $80 $10 $30 $50 $50 0% SPONSORSHIPS $0 $0 $0 $0 $1,000 N/A MISCELLANEOUS REVENUE $80 $70 $0 $150 $150 0% MISCELLANEOUS REVENUE $10 $75 $0 $60 $60 0% RESTITUTION/INS PROCEEDS $200 $340 $1,000 $0 $0 0% MISCELLANEOUS REVENUE $238 $94 $0 $0 $0 0% TAXABLE SALES $45 $60 $30 $0 $0 0% DONATIONS $1,250 $1,250 $0 $0 $0 0% MISCELLANEOUS REVENUE $1,176 $3,376 $6,823 $0 $0 0% TAXABLE SALES $675 $2,200 $4,154 $4,000 $4,000 0% DONATIONS $0 $0 $3,000 $0 $0 0% RESTITUTION/INS PROCEEDS $0 $0 $9,793 $0 $0 0% RESTITUTION/INS PROCEEDS $0 $0 $0 $200 $200 0% DONATIONS $300 $0 $0 $0 $0 0% MISCELLANEOUS REVENUE $50 $245 $5 $0 $0 0% TAXABLE SALES $3,142 $2,742 $283 $2,425 $2,425 0% DONATIONS $302 $1,191 $416 $160 $160 0% REIMBURSEMENTS/REFUNDS $320 $736 $256 $1,260 $0 -100% SPONSORSHIPS $101 $174 $0 $200 $200 0% DONATIONS $174 $127 $44 $85 $85 0% AUCTION/RECYCLE PROCEEDS $104 $1,152 $42 $0 $0 0% RESTITUTION/INS PROCEEDS $22,937 $5,403 $513 $0 $0 0% RESTITUTION/INS PROCEEDS $200 $206 $0 $0 $0 0% RESTITUTION/INS PROCEEDS $0 $7,732 $0 $30,000 $30,000 0% $1,400 $541 $710 $1,000 $1,000 0% RESTITUTION/INS PROCEEDS $820 $460 $1,195 $0 $0 0% REIMBURSEMENTS/REFUNDS $0 $8 $0 $0 $0 0% REIMBURSEMENTS/REFUNDS $0 $0 $22,000 $0 $0 0% TAXABLE SALES $0 $8,673 $6,892 $0 $0 0% NON-TAXABLE SALES $0 $0 $191 $0 $0 0% TAXABLE SALES $0 $0 $1,337 $0 $0 0% CONVENIENCE FEES $0 $0 $3 $0 $0 0% MISCELLANEOUS REVENUE $312 $0 $0 $0 $0 0% TAXABLE SALES AUCTION/RECYCLE PROCEEDS $1,911 $18 $0 $0 $0 0% CONVENIENCE FEES $3 $0 $0 $0 $0 0% AUCTION/RECYCLE PROCEEDS $0 $418,585 $0 $0 $0 0% Town of Fountain Hills | Budget Book 2023 Page 179 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) REIMBURSEMENTS/REFUNDS $54,211 $0 $0 $0 $0 0% DONATIONS $9,600 $10,000 $14,000 $0 $0 0% $0 $877 $0 $0 0% $39,300 $11,325 $0 $0 0% AUCTION/RECYCLE PROCEEDS AUCTION PROCEEDS AUCTION PROCEEDS Total Other: $8,473 $37,985 $32,825 $0 $0 $0 0% $347,141 $805,813 $319,954 $122,355 $136,265 11.4% Fines & Forfeitures COURT FINES/FEES $120,340 $256,153 $210,882 $189,000 $205,000 8.5% CCEF REVENUE $8,659 $23,066 $25,681 $46,500 $46,500 0% JCEF REVENUE $1,483 $2,485 $2,628 $2,500 $2,500 0% $130,482 $281,704 $239,191 $238,000 $254,000 6.7% INTEREST INCOME $136,572 $210,815 $24,849 $24,000 $24,000 0% INTEREST INCOME $91,634 $45,419 $734 $24,000 $10,000 -58.3% INTEREST INCOME $28,231 $39,465 $3,557 $1,260 $1,260 0% INTEREST INCOME $1,340 $631 $59 $240 $240 0% INTEREST INCOME $0 $677 $46 $180 $180 0% INTEREST INCOME $1,646 $413 $0 $0 $0 0% INTEREST INCOME $0 $0 $388 $0 $0 0% INTEREST INCOME $3,434 $1,696 $56 $240 $240 0% INTEREST INCOME $876 $909 $169 $900 $900 0% INTEREST INCOME $15,997 $11,137 $260 $2,400 $2,400 0% INTEREST INCOME $18,703 $7,063 $59 $1,200 $1,200 0% INTEREST INCOME $3,344 $1,736 $39 $240 $100 -58.3% INTEREST INCOME $7,090 $1,866 $29 $840 $100 -88.1% INTEREST INCOME $414 $273 $13 $72 $72 0% INTEREST INCOME $158,048 $171,431 $19,713 $19,200 $10,000 -47.9% INTEREST INCOME $38,411 $22,495 $679 $7,200 $1,000 -86.1% INTEREST INCOME $5,808 $3,806 $139 $2,400 $1,000 -58.3% Total Fines & Forfeitures: Investment Earnings INTEREST INCOME $0 $0 $7 $0 $1,000 N/A INTEREST INCOME $14,898 $10,038 $362 $4,800 $1,000 -79.2% INTEREST INCOME $2,053 $0 $0 $0 INTEREST INCOME $0 $0 $12 $0 $0 0% INTEREST INCOME $26,049 $16,112 $422 $2,400 $1,000 -58.3% Total Investment Earnings: Total Revenue Source: N/A $554,548 $545,982 $51,592 $91,572 $55,692 -39.2% $3,395,080 $2,845,805 $2,276,334 $2,792,781 $2,313,284 -17.2% Town of Fountain Hills | Budget Book 2023 Page 180 Other Revenues - Licenses & Permits Summary $1,123,980 -$399,020 (-26.20% vs. prior year) Other Revenues - Licenses & Permits Proposed and Historical Budget vs. Actual 2,000k 1,500k 1,000k 500k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenue by Fund 2023 Revenue by Fund All ​A ll Funds (100%) Town of Fountain Hills | Budget Book 2023 Page 181 Budgeted and Historical 2023 Revenue by Fund $2 Millions $1.5 $1 All Funds $0.5 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) SPECIAL EVENT PERMIT $0 $775 $200 $750 $500 -33.3% SPECIAL EVENT PERMIT $800 $0 $0 $0 $0 0% SIGN PERMITS $125 $25 $100 $100 $100 0% PLANNING & ZONING FEES $13,212 $8,370 $4,356 $16,185 $16,095 -0.6% LANDSCAPE PERMITS $27,300 $18,901 $23,099 $16,800 $16,800 0% VARIANCES $2,500 $3,315 $3,610 $4,300 $4,300 0% SUBDIVISION FEES $76,952 $99,450 $30,298 $52,250 $52,250 0% BUILDING PERMIT $230,326 $199,573 $327,204 $395,923 $408,398 3.2% All Funds General Fund General Fund Licenses & Permits SIGN PERMITS $8,780 $4,960 $9,100 $3,250 $3,250 0% PLAN REVIEW $148,560 $129,696 $183,985 $263,948 $85,000 -67.8% INSPECTION FEES $750 $750 $1,500 $750 $750 0% BUILDING PERMIT $0 $0 $50 $0 $0 0% PLAN REVIEW $0 $100 $50 $0 $0 0% INSPECTION FEES $17,437 $12,903 $25,871 $14,750 $14,750 0% ENCROACHMENT PERMITS $717,686 $71,075 $132,522 $35,000 $35,000 0% PLAN REVIEW $10,200 $18,070 $12,150 $10,000 $10,000 0% Town of Fountain Hills | Budget Book 2023 Page 182 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $0 $0 $0 $1,500 $1,500 0% ENGINEERING FEES $8,350 $5,600 $10,100 $5,900 $5,900 0% PLAN REVIEW $700 $0 $0 $1,750 $1,750 0% SPECIAL EVENT PERMIT $10,010 $8,875 $5,350 $8,000 $8,000 0% ALCOHOL PERMITS $70 $55 $90 $170 $210 23.5% ALCOHOL PERMITS $100 $90 $30 $210 $210 0% ALCOHOL PERMITS $10 $10 $30 $210 $170 -19% ALCOHOL PERMITS $20 $10 $0 $40 $40 0% Total Licenses & Permits: $1,273,888 $582,603 $769,695 $831,786 $664,973 -20.1% Total General Fund: $1,273,888 $582,603 $769,695 $831,786 $664,973 -20.1% $1,273,888 $582,603 $769,695 $831,786 $664,973 -20.1% DEVELOPMENT FEES $27,004 $20,315 $63,248 $23,623 $15,221 -35.6% Total Licenses & Permits: $27,004 $20,315 $63,248 $23,623 $15,221 -35.6% Total Fire/EMS Dev Fee: $27,004 $20,315 $63,248 $23,623 $15,221 -35.6% DEVELOPMENT FEES $0 $3,870 $77,867 $331,074 $239,438 -27.7% Total Licenses & Permits: $0 $3,870 $77,867 $331,074 $239,438 -27.7% Total Streets Dev Fee: $0 $3,870 $77,867 $331,074 $239,438 -27.7% DEVELOPMENT FEES $113,187 $78,604 $257,342 $336,517 $204,348 -39.3% Total Licenses & Permits: $113,187 $78,604 $257,342 $336,517 $204,348 -39.3% $113,187 $78,604 $257,342 $336,517 $204,348 -39.3% $140,191 $102,789 $398,457 $691,214 $459,007 -33.6% $486,924 $17,575 $40,330 $0 $0 0% INSPECTION FEES Total General Fund: Capital Projects Fire/EMS Dev Fee Licenses & Permits Streets Dev Fee Licenses & Permits Park/Rec Dev Fee Licenses & Permits Total Park/Rec Dev Fee: Total Capital Projects: Special Revenue Funds Environmental Fund Licenses & Permits ENVIRONMENTAL FEE Town of Fountain Hills | Budget Book 2023 Page 183 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) Total Licenses & Permits: $486,924 $17,575 $40,330 $0 $0 0% Total Environmental Fund: $486,924 $17,575 $40,330 $0 $0 0% Total Special Revenue Funds: $486,924 $17,575 $40,330 $0 $0 0% $1,901,003 $702,967 $1,208,482 $1,523,000 $1,123,980 -26.2% Total All Funds: Town of Fountain Hills | Budget Book 2023 Page 184 Other Revenues - Leases & Rents Summary $299,872 $17,493 (6.19% vs. prior year) Other Revenues - Leases & Rents Proposed and Historical Budget vs. Actual 400k 300k 200k 100k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenue by Fund 2023 Revenue by Fund General ​G eneral Fund (100%) Town of Fountain Hills | Budget Book 2023 Page 185 Budgeted and Historical 2023 Revenue by Fund $0.4 Millions $0.3 $0.2 General Fund $0.1 FY 20 23 FY 20 22 FY 20 20 FY 20 19 Name FY 20 21 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $144,093 $124,264 $223,235 $120,189 $126,778 5.5% NON-TAXABLE RENTAL $1 $2 $1 $1 $1 0% RENTAL FEES $45,964 $66,841 $68,842 $70,908 $80,036 12.9% NON-TAXABLE RENTAL $300 $300 $0 $300 $300 0% RENTAL FEES $10,987 $7,611 $6,634 $7,110 $7,110 0% NON-TAXABLE RENTAL $7,000 $7,000 $0 $7,000 $7,000 0% RENTAL FEES $6,173 $4,669 $3,794 $6,000 $6,000 0% RENTAL FEES $11,522 $27,620 $59,609 $10,000 $10,000 0% RENTAL FEES $535 $650 $1,384 $930 $930 0% RENTAL FEES $853 $1,260 $514 $750 $750 0% RENTAL FEES $52,293 $45,868 $2,442 $59,191 $60,967 3% NON-TAXABLE RENTAL $1,080 $306 $0 $0 $0 0% Total Leases & Rents: $280,801 $286,391 $366,455 $282,379 $299,872 6.2% Total General Fund: $280,801 $286,391 $366,455 $282,379 $299,872 6.2% General Fund Leases & Rents CELL TOWER LEASE Town of Fountain Hills | Budget Book 2023 Page 186 Other Revenues - Charges for Services Summary $443,475 -$92,000 (-17.18% vs. prior year) Other Revenues - Charges for Services Proposed and Historical Budget vs. Actual 600k 500k 400k 300k 200k 100k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenue by Fund 2023 Revenue by Fund Public ​P ublic Art Fund (22.5%) General ​G eneral Fund (54.9%) Streets ​S treets Fund (22.5%) Town of Fountain Hills | Budget Book 2023 Page 187 Budgeted and Historical 2023 Revenue by Fund $0.6 $0.5 Millions $0.4 $0.3 Streets Fund Public Art Fund General Fund $0.2 $0.1 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) PROGRAM FEES $0 $0 $0 $25,000 $25,000 0% PROGRAM FEES $53,533 $50,582 $20 $0 $0 0% PROGRAM FEES $0 $0 $24,090 $55,500 $58,500 5.4% PROGRAM FEES $13,666 $13,269 $12,256 $13,000 $13,000 0% PROGRAM FEES $41,492 $53,350 $15,417 $45,000 $45,000 0% PROGRAM FEES $10,563 $3,058 $1,810 $8,500 $8,500 0% PROGRAM FEES $27,212 $32,325 $28,515 $50,050 $55,050 10% PROGRAM FEES $28,420 $27,556 $1,475 $38,425 $38,425 0% Total Charges For Services: $174,886 $180,140 $83,583 $235,475 $243,475 3.4% Total General Fund: $174,886 $180,140 $83,583 $235,475 $243,475 3.4% IN-LIEU FEES $6,219 $38,967 $0 $100,000 $100,000 0% Total Charges For Services: $6,219 $38,967 $0 $100,000 $100,000 0% Total Public Art Fund: $6,219 $38,967 $0 $100,000 $100,000 0% $0 $3,841 $7,077 $200,000 $100,000 -50% General Fund Charges For Services Public Art Fund Charges For Services Streets Fund Charges For Services IN-LIEU FEES Town of Fountain Hills | Budget Book 2023 Page 188 Name Total Charges For Services: Total Streets Fund: Total: FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $0 $3,841 $7,077 $200,000 $100,000 -50% $0 $3,841 $7,077 $200,000 $100,000 -50% $181,105 $222,948 $90,660 $535,475 $443,475 -17.2% Town of Fountain Hills | Budget Book 2023 Page 189 Other Revenues - Fines & Forfeitures Summary $254,000 $16,000 (6.72% vs. prior year) Other Revenues - Fines & Forfeitures Proposed and Historical Budget vs. Actual 300k 250k 200k 150k 100k 50k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenue by Fund 2023 Revenue by Fund Court ​C ourt Enhancement Fund (19.3%) General ​G eneral Fund (80.7%) Town of Fountain Hills | Budget Book 2023 Page 190 Budgeted and Historical 2023 Revenue by Fund $0.3 $0.25 Millions $0.2 $0.15 Court Enhancement Fund General Fund $0.1 $0.05 FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $120,340 $256,153 $210,882 $189,000 $205,000 8.5% Total Fines & Forfeitures: $120,340 $256,153 $210,882 $189,000 $205,000 8.5% Total General Fund: $120,340 $256,153 $210,882 $189,000 $205,000 8.5% CCEF REVENUE $8,659 $23,066 $25,681 $46,500 $46,500 0% JCEF REVENUE $1,483 $2,485 $2,628 $2,500 $2,500 0% $10,142 $25,551 $28,309 $49,000 $49,000 0% $10,142 $25,551 $28,309 $49,000 $49,000 0% $130,482 $281,704 $239,191 $238,000 $254,000 6.7% FY 20 23 FY2020 Actual Name FY 20 22 FY 20 21 FY2019 Actual FY 20 19 FY 20 20 $0 General Fund Fines & Forfeitures COURT FINES/FEES Court Enhancement Fund Fines & Forfeitures Total Fines & Forfeitures: Total Court Enhancement Fund: Total: Town of Fountain Hills | Budget Book 2023 Page 191 Other Revenues - Misc Summary $191,957 -$21,970 (-10.27% vs. prior year) Other Revenues - Misc Proposed and Historical Budget vs. Actual 1,500k 1,250k 1,000k 750k 500k 250k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Revenue by Fund 2023 Revenue by Fund All ​A ll Funds (100%) Town of Fountain Hills | Budget Book 2023 Page 192 Budgeted and Historical 2023 Revenue by Fund $1.5 $1.25 Millions $1 $0.75 All Funds $0.5 $0.25 Name FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) MISCELLANEOUS REVENUE $150 $0 $0 $0 $0 0% REIMBURSEMENTS/REFUNDS $374 $0 $0 $0 $0 0% MISCELLANEOUS REVENUE $0 $3,200 $10 $0 $0 0% DONATIONS $0 $0 $880 $0 $0 0% REIMBURSEMENTS/REFUNDS $18,091 $35,122 $49,615 $0 $0 0% RESTITUTION/INS PROCEEDS $115,155 $0 $0 $0 $0 0% MISCELLANEOUS REVENUE $309 $215 $40 $200 $200 0% All Funds General Fund General Fund Other CONVENIENCE FEES $0 $2,313 $2,526 $1,500 $2,500 66.7% DONATIONS $255 $0 $0 $0 $0 0% AUCTION/RECYCLE PROCEEDS $611 $647 $335 $0 $0 0% MISCELLANEOUS REVENUE $64 $7 $5 $0 $0 0% MISCELLANEOUS REVENUE $199 $165 $101 $5,000 $5,000 0% TAXABLE SALES $182 $36 $26 $500 $500 0% CONVENIENCE FEES $645 $780 $183 $750 $500 -33.3% CONVENIENCE FEES $2,604 $0 $0 $0 $0 0% DONATIONS $0 $14,500 $0 $0 $0 0% REIMBURSEMENTS/REFUNDS $0 $0 $7,211 $0 $0 0% RESTITUTION/INS PROCEEDS $0 $178,459 $162,191 $0 $0 0% REIMBURSEMENTS/REFUNDS $0 $478 $150 $0 $0 0% Town of Fountain Hills | Budget Book 2023 Page 193 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) MISCELLANEOUS REVENUE $43 $52 $49 $25 $25 0% TAXABLE SALES $134 $41 $6 $0 $0 0% MISCELLANEOUS REVENUE $2,224 $0 $0 $0 $0 0% TAXABLE SALES $4,214 $1,970 $963 $2,000 $2,000 0% CONVENIENCE FEES $0 $0 $3 $0 $0 0% DONATIONS $960 $50 $1,000 $100 $0 -100% DONATIONS $0 $0 $0 $0 $100 N/A CONVENIENCE FEES $12 $0 $0 $0 $0 0% CONVENIENCE FEES $57 $15 $39 $0 $0 0% AUCTION/RECYCLE PROCEEDS $0 $1,154 $196 $640 $500 -21.9% DONATIONS $0 $0 $0 $10,000 $10,000 0% $750 $0 $0 $0 MISCELLANEOUS REVENUE REIMBURSEMENTS/REFUNDS $0 0% $1,260 N/A SPONSORSHIPS $5,000 $4,700 $1,100 $5,000 $5,000 0% SPONSORSHIPS $0 $0 $750 $0 $0 0% SPONSORSHIPS $0 $0 $0 $200 $2,500 1,150% SPONSORSHIPS $0 $0 $500 $0 $1,500 N/A SPONSORSHIPS $0 $0 $750 $0 $0 0% SPONSORSHIPS $0 $0 $0 $3,000 N/A SPONSORSHIPS $0 $0 $0 $5,500 N/A SPONSORSHIPS $0 $0 $0 $23,000 $23,000 0% SPONSORSHIPS $0 $0 $1,000 $8,800 $8,800 0% SPONSORSHIPS $0 $0 $3,289 $0 $0 0% $25,255 $21,570 $0 $0 $0 0% $10 $0 $0 $50 $50 0% TAXABLE SALES $23,744 $2,746 $1,560 $2,000 $2,000 0% TAXABLE SALES $0 $0 $200 $0 $0 0% $0 $357 $0 $0 0% DONATIONS MISCELLANEOUS REVENUE TAXABLE SALES TAXABLE SALES $0 $0 $0 $23,000 $23,000 0% MISCELLANEOUS REVENUE $80 $10 $30 $50 $50 0% SPONSORSHIPS $0 $0 $0 $0 $1,000 N/A MISCELLANEOUS REVENUE $80 $70 $0 $150 $150 0% MISCELLANEOUS REVENUE $10 $75 $0 $60 $60 0% RESTITUTION/INS PROCEEDS $200 $340 $1,000 $0 $0 0% MISCELLANEOUS REVENUE $238 $94 $0 $0 $0 0% TAXABLE SALES $45 $60 $30 $0 $0 0% DONATIONS $1,250 $1,250 $0 $0 $0 0% MISCELLANEOUS REVENUE $1,176 $3,376 $6,823 $0 $0 0% TAXABLE SALES $675 $2,200 $4,154 $4,000 $4,000 0% DONATIONS $0 $0 $3,000 $0 $0 0% RESTITUTION/INS PROCEEDS $0 $0 $9,793 $0 $0 0% RESTITUTION/INS PROCEEDS $0 $0 $0 $200 $200 0% Town of Fountain Hills | Budget Book 2023 Page 194 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) DONATIONS $300 $0 $0 $0 $0 0% MISCELLANEOUS REVENUE $50 $245 $5 $0 $0 0% TAXABLE SALES $3,142 $2,742 $283 $2,425 $2,425 0% DONATIONS $302 $1,191 $416 $160 $160 0% REIMBURSEMENTS/REFUNDS $320 $736 $256 $1,260 $0 -100% SPONSORSHIPS $101 $174 $0 $200 $200 0% DONATIONS $174 $127 $44 $85 $85 0% $209,185 $280,910 $260,869 $91,355 $105,265 15.2% $136,572 $210,815 $24,849 $24,000 $24,000 0% $136,572 $210,815 $24,849 $24,000 $24,000 0% $345,757 $491,725 $285,718 $115,355 $129,265 12.1% $345,757 $491,725 $285,718 $115,355 $129,265 12.1% $18,703 $7,063 $59 $1,200 $1,200 0% $18,703 $7,063 $59 $1,200 $1,200 0% $18,703 $7,063 $59 $1,200 $1,200 0% Total Other: Investment Earnings INTEREST INCOME Total Investment Earnings: Total General Fund: Total General Fund: Debt Service GO Bond Debt Serv Investment Earnings INTEREST INCOME Total Investment Earnings: Total GO Bond Debt Serv: Eagle Mtn CFD Debt Serv Investment Earnings $3,344 $1,736 $39 $240 $100 -58.3% Total Investment Earnings: INTEREST INCOME $3,344 $1,736 $39 $240 $100 -58.3% Total Eagle Mtn CFD Debt Serv: $3,344 $1,736 $39 $240 $100 -58.3% $7,090 $1,866 $29 $840 $100 -88.1% $7,090 $1,866 $29 $840 $100 -88.1% $7,090 $1,866 $29 $840 $100 -88.1% $29,137 $10,665 $127 $2,280 $1,400 -38.6% $0 $418,585 $0 $0 $0 0% $54,211 $0 $0 $0 $0 0% $54,211 $418,585 $0 $0 $0 0% MPC Debt Serv Investment Earnings INTEREST INCOME Total Investment Earnings: Total MPC Debt Serv: Total Debt Service: Capital Projects Capital Projects Fund Other AUCTION/RECYCLE PROCEEDS REIMBURSEMENTS/REFUNDS Total Other: Town of Fountain Hills | Budget Book 2023 Page 195 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $158,048 $171,431 $19,713 $19,200 $10,000 -47.9% Total Investment Earnings: $158,048 $171,431 $19,713 $19,200 $10,000 -47.9% Total Capital Projects Fund: $212,259 $590,016 $19,713 $19,200 $10,000 -47.9% Investment Earnings INTEREST INCOME Public Art Fund Investment Earnings INTEREST INCOME $3,434 $1,696 $56 $240 $240 0% $3,434 $1,696 $56 $240 $240 0% $3,434 $1,696 $56 $240 $240 0% $5,808 $3,806 $139 $2,400 $1,000 -58.3% $5,808 $3,806 $139 $2,400 $1,000 -58.3% $5,808 $3,806 $139 $2,400 $1,000 -58.3% $0 $0 $7 $0 $1,000 N/A $0 $0 $7 $0 $1,000 N/A $0 $0 $7 $0 $1,000 N/A $14,898 $10,038 $362 $4,800 $1,000 -79.2% $14,898 $10,038 $362 $4,800 $1,000 -79.2% $14,898 $10,038 $362 $4,800 $1,000 -79.2% $2,053 $0 $0 $0 N/A $2,053 $0 $0 $0 N/A $2,053 $0 $0 $0 N/A $238,452 $605,556 $20,277 $26,640 $13,240 -50.3% $104 $1,152 $42 $0 $0 0% RESTITUTION/INS PROCEEDS $22,937 $5,403 $513 $0 $0 0% RESTITUTION/INS PROCEEDS $200 $206 $0 $0 $0 0% Total Investment Earnings: Total Public Art Fund: Fire/EMS Dev Fee Investment Earnings INTEREST INCOME Total Investment Earnings: Total Fire/EMS Dev Fee: Streets Dev Fee Investment Earnings INTEREST INCOME Total Investment Earnings: Total Streets Dev Fee: Park/Rec Dev Fee Investment Earnings INTEREST INCOME Total Investment Earnings: Total Park/Rec Dev Fee: Open Space Dev Fee Investment Earnings INTEREST INCOME Total Investment Earnings: Total Open Space Dev Fee: Total Capital Projects: Special Revenue Funds Streets Fund Other AUCTION/RECYCLE PROCEEDS Town of Fountain Hills | Budget Book 2023 Page 196 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $0 $7,732 $0 $30,000 $30,000 0% $1,400 $541 $710 $1,000 $1,000 0% RESTITUTION/INS PROCEEDS $820 $460 $1,195 $0 $0 0% REIMBURSEMENTS/REFUNDS $0 $8 $0 $0 $0 0% $25,461 $15,502 $2,460 $31,000 $31,000 0% $91,634 $45,419 $734 $24,000 $10,000 -58.3% $91,634 $45,419 $734 $24,000 $10,000 -58.3% $117,095 $60,921 $3,194 $55,000 $41,000 -25.5% $0 $0 $22,000 $0 $0 0% $0 $0 $22,000 $0 $0 0% RESTITUTION/INS PROCEEDS AUCTION/RECYCLE PROCEEDS Total Other: Investment Earnings INTEREST INCOME Total Investment Earnings: Total Streets Fund: Downtown Strategy Fund Other REIMBURSEMENTS/REFUNDS Total Other: Investment Earnings $28,231 $39,465 $3,557 $1,260 $1,260 0% Total Investment Earnings: INTEREST INCOME $28,231 $39,465 $3,557 $1,260 $1,260 0% Total Downtown Strategy Fund: $28,231 $39,465 $25,557 $1,260 $1,260 0% TAXABLE SALES $0 $8,673 $6,892 $0 $0 0% NON-TAXABLE SALES $0 $0 $191 $0 $0 0% $0 $8,673 $7,083 $0 $0 0% $1,340 $631 $59 $240 $240 0% Total Investment Earnings: $1,340 $631 $59 $240 $240 0% Total Economic Development Fund: $1,340 $9,304 $7,142 $240 $240 0% TAXABLE SALES $0 $0 $1,337 $0 $0 0% CONVENIENCE FEES $0 $0 $3 $0 $0 0% Economic Development Fund Other Total Other: Investment Earnings INTEREST INCOME Tourism Fund Other MISCELLANEOUS REVENUE $312 $0 $0 $0 $0 0% TAXABLE SALES $1,911 $18 $0 $0 $0 0% $2,223 $18 $1,340 $0 $0 0% Total Other: Investment Earnings Town of Fountain Hills | Budget Book 2023 Page 197 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) INTEREST INCOME $0 $677 $46 $180 $180 0% INTEREST INCOME $1,646 $413 $0 $0 $0 0% $1,646 $1,090 $46 $180 $180 0% $3,869 $1,108 $1,386 $180 $180 0% Total Investment Earnings: Total Tourism Fund: Special Revenue Fund Investment Earnings $0 $0 $388 $0 $0 0% Total Investment Earnings: INTEREST INCOME $0 $0 $388 $0 $0 0% Total Special Revenue Fund: $0 $0 $388 $0 $0 0% $876 $909 $169 $900 $900 0% Total Investment Earnings: $876 $909 $169 $900 $900 0% Total Court Enhancement Fund: $876 $909 $169 $900 $900 0% $3 $0 $0 $0 $0 0% $3 $0 $0 $0 $0 0% Court Enhancement Fund Investment Earnings INTEREST INCOME Environmental Fund Other CONVENIENCE FEES Total Other: Investment Earnings INTEREST INCOME $15,997 $11,137 $260 $2,400 $2,400 0% $15,997 $11,137 $260 $2,400 $2,400 0% $16,000 $11,137 $260 $2,400 $2,400 0% $414 $273 $13 $72 $72 0% Total Investment Earnings: $414 $273 $13 $72 $72 0% Total Cottonwoods Maint Dist: $414 $273 $13 $72 $72 0% $167,825 $123,117 $38,109 $60,052 $46,052 -23.3% $9,600 $10,000 $14,000 $0 $0 0% $0 $877 $0 $0 0% $10,000 $14,877 $0 $0 0% Total Investment Earnings: Total Environmental Fund: Cottonwoods Maint Dist Investment Earnings INTEREST INCOME Total Special Revenue Funds: Internal Service Funds Facilities Reserve Fund Other DONATIONS AUCTION/RECYCLE PROCEEDS Total Other: $9,600 Investment Earnings Town of Fountain Hills | Budget Book 2023 Page 198 Name FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $38,411 $22,495 $679 $7,200 $1,000 -86.1% Total Investment Earnings: $38,411 $22,495 $679 $7,200 $1,000 -86.1% Total Facilities Reserve Fund: $48,011 $32,495 $15,556 $7,200 $1,000 -86.1% $0 $0 $12 $0 $0 0% Total Investment Earnings: $0 $0 $12 $0 $0 0% Total Technology Repl Fund: $0 $0 $12 $0 $0 0% AUCTION PROCEEDS $8,473 $39,300 $11,325 $0 $0 0% AUCTION PROCEEDS $37,985 $32,825 $0 $0 $0 0% $46,458 $72,125 $11,325 $0 $0 0% $26,049 $16,112 $422 $2,400 $1,000 -58.3% Total Investment Earnings: $26,049 $16,112 $422 $2,400 $1,000 -58.3% Total Vehicle/Equip Repl Fund: $72,507 $88,237 $11,747 $2,400 $1,000 -58.3% INTEREST INCOME Technology Repl Fund Investment Earnings INTEREST INCOME Vehicle/Equip Repl Fund Other Total Other: Investment Earnings INTEREST INCOME Total Internal Service Funds: Total All Funds: $120,518 $120,732 $27,315 $9,600 $2,000 -79.2% $901,689 $1,351,795 $371,546 $213,927 $191,957 -10.3% Town of Fountain Hills | Budget Book 2023 Page 199 DEPARTMENTS/DIVISIONS Town of Fountain Hills | Budget Book 2023 Page 200 Mayor & Town Council Ginny Dickey Mayor The Mayor & Town Council are charged with serving the best interests of the community by providing for its safety and well-being; respecting its special, small- town character and quality of life; providing superior public services; sustaining the public trust through open and responsive government; and maintaining the stewardship and preservation of its financial and natural resources. Town Council Members From left to right: Back Row: David Spelich, Michael Scharnow, Alan Magazine, Gerry Friedel Front Row: Peggy McMahon, Mayor Ginny Dickey, Sharron Grzybowski Expenditure Summary $76,619 $1,690 (2.26% vs. prior year) Town of Fountain Hills | Budget Book 2023 Page 201 Mayor & Town Council Budgeted and Historical Actuals 100k 80k 60k 40k 20k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Expenditures by Expense Type Budgeted Expenditures by Expense Type Supplies ​S upplies (6.4%) ​IInternal nternal Service (8.5%) Contractual ​C ontractual Services (13.8%) Payroll ​P ayroll Expenses (51%) Meetings ​M eetings & Training (20.3%) Town of Fountain Hills | Budget Book 2023 Page 202 Budgeted and Historical Expenditures by Expense Type $0.1 $0.08 $0.06 Millions Dues & Memberships Maintenance & Repair Supplies Internal Service Contractual Services Meetings & Training Payroll Expenses $0.04 $0.02 Name FY 20 23 FY 20 22 FY 20 21 FY 20 19 FY 20 20 $0 FY2019 Actual FY2020 Actual FY2021 Actual FY2022 Adopted Budget FY2023 Budgeted FY2022 Adopted Budget vs. FY2023 Budgeted (% Change) $74,002 $68,474 $39,386 $39,395 $39,055 -0.9% Dues & Memberships $66 $54 $65 $0 $0 0% Meetings & Training $2,497 $2,433 $1,257 $15,575 $15,575 0% Maintenance & Repair $104 $39 $181 $0 $0 0% Contractual Services $3,534 $2,910 $325 $10,240 $10,570 3.2% Supplies $1,525 $834 $3,134 $3,200 $4,900 53.1% Internal Service $108 $9 $6,422 $6,519 $6,519 0% $81,836 $74,752 $50,769 $74,929 $76,619 2.3% Expense Objects Payroll Expenses Total Expense Objects: Town of Fountain Hills | Budget Book 2023 Page 203 Administration The Administration Department is dedicated to serving the citizens of Fountain Hills by providing administrative direction and support to the Town's Departments. Administration provides accurate and current information on Council legislation and administrative actions; provides for the delivery of comprehensive financial services to internal and external customers; provides support to Town staff; reaches out to political leaders and geographical neighbors to continue to grow relationships in the best interests of the Town; and enhances the Town's economic base through business attraction, retention and business vitality activities. Organizational Chart Expenditures Summary $2,672,360 $191,780 (7.73% vs. prior year) Town of Fountain Hills | Budget Book 2023 Page 204 Administration Proposed and Historical Budget vs. Actual 3,000k 2,500k 2,000k 1,500k 1,000k 500k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Expenditures by Expense Type Budgeted Expenditures by Expense Type Utilities ​U tilities (0.5%) Dues ​D ues & Memberships (0.6%) ​IInternal nternal Service (0.7%) Supplies ​S upplies (1%) Meetings ​M eetings & Training (2.1%) Maintenance ​M aintenance & Repair (9.4%) Contractual ​C ontractual Services (21.1%) Payroll ​P ayroll Expenses (64.3%) Town of Fountain Hills | Budget Book 2023 Page 205 Budgeted and Historical Expenditures by Expense Type $3 $2.5 Millions $2 Capital Expenditures Equipment/Improvemen Utilities Dues & Memberships Internal Service Supplies Meetings & Training Maintenance & Repair Contractual Services Payroll Expenses $1.5 $1 $0.5 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Expenditures by Category Category Wages Employment Taxes Benefits Dues & Memberships Meetings and Training Maintenance and Repair Utilities Contractual Services Supplies Equipment Internal Service Total Town of Fountain Hills | Budget Book 2023 FY19-20 Actual $ 972,793 22,312 193,450 150,581 16,226 5,955 12,758 556,749 14,235 17,851 3,813 $ 1,966,723 FY20-21 Actual $ 1,051,067 25,394 216,579 151,741 3,305 15,274 13,515 535,405 12,936 43,714 14,520 $ 2,083,450 FY21-22 Revised Budget $ 1,215,604 28,987 250,170 14,515 58,636 202,842 12,800 669,214 28,211 6,200 18,205 $ 2,505,384 FY22-23 Proposed Budget $ 1,356,378 33,350 329,047 15,315 56,668 252,292 12,800 563,749 26,496 8,050 18,215 $ 2,672,360 Page 206 Town Manager Grady Miller Town Manager The Town Manager provides leadership to ensure a high quality of life for the citizens of Fountain Hills by utilizing Town resources to the greatest extent possible and offering superior service. He works in conjunction with the Town Council and the Strategic Planning Ad- visory Commission (SPAC) for successful implementation of Operational Priorities and Strategic Plan Goals. Per direction and approval of the Town Council, he also administers fee for service contracts and communicates with the public. Expenditures Summary $354,028 -$134,454 (-27.52% vs. prior year) Town Manager Proposed and Historical Budget vs. Actual 600k 500k 400k 300k 200k 100k 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 207 Expenditures by Expense Type Budgeted Expenditures by Expense Type Supplies ​S upplies (0.4%) ​IInternal nternal Service (0.6%) Dues ​D ues & Memberships (0.8%) Maintenance ​M aintenance & Repair (1.2%) Meetings ​M eetings & Training (1.9%) Payroll ​P ayroll Expenses (95.1%) Budgeted and Historical Expenditures by Expense Type $0.6 $0.5 Millions $0.4 Utilities Equipment/Improvemen Contractual Services Supplies Internal Service Dues & Memberships Maintenance & Repair Meetings & Training Payroll Expenses $0.3 $0.2 $0.1 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 208 Expenditures by Category FY19-20 Actual Category Wages Employment Taxes Benefits Dues & Memberships Meetings and Training Maintenance & Repair Utilities Contractual Services Supplies Equipment Internal Service Total FY20-21 Actual $ 162,022 2,904 35,924 2,748 4,620 (83) 17,559 (10,614) 890 (330) $ 215,640 $ 289,725 5,374 68,751 6,299 94 757 39,160 583 1,709 2,883 $ 415,335 FY21-22 Revised Budget $ 323,204 5,985 80,409 2,669 7,615 4,230 58,480 2,910 2,980 $ 488,482 FY22-23 Tentative Budget $ 269,360 4,811 62,540 3,000 6,615 4,230 80 1,410 1,982 $ 354,028 Goals & Objectives Goal #1: Lead the formation of collaborative economic development groups Objectives: Coordinate periodic meetings between the Town of Fountain Hills, Fountain Hills Chamber of Commerce, Fort McDowell Yavapai Nation, and Salt River Pima Maricopa Indian Community to discuss the local expansion of business and tourism. (Less than 3 years) Goal #2: Promote the long-term financial health and stability of the Town Objectives: Utilize the services of an experienced grant researcher and writer. (Less than 2 years) Goal #3: Promote the natural and built environment of Fountain Hills to improve the public health, well-being, and safety of the community Objectives: Incorporate public health, well-being, and safety in Fountain Hills policies when relevant. (Less than 1 year) Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 99.2% Town of Fountain Hills | Budget Book 2023 FY22 101.0% FY23 98.0% Page 209 Town Clerk Elizabeth Klein Town Clerk The Town Clerk Division supports the values of the community and the organization through the delivery of quality customer service; conducting fair and open municipal elections; providing broad organizational support; managing the Town's records management program and accessibility to public records; overseeing boards and commissions administration; and ensuring that official postings, notices and related publications meet legal compliance. Expenditures Summary $238,768 $24,453 (11.41% vs. prior year) Town Clerk Proposed and Historical Budget vs. Actual 300k 250k 200k 150k 100k 50k 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 210 Expenditures by Expense Type Budgeted Expenditures by Expense Type Dues ​D ues & Memberships (0.4%) ​IInternal nternal Service (1%) Meetings ​M eetings & Training (2%) Maintenance ​M aintenance & Repair (2.5%) Contractual ​C ontractual Services (25.2%) Payroll ​P ayroll Expenses (68.6%) Budgeted and Historical Expenditures by Expense Type $0.3 $0.25 Millions $0.2 Equipment/Improvemen Supplies Dues & Memberships Internal Service Meetings & Training Maintenance & Repair Contractual Services Payroll Expenses $0.15 $0.1 $0.05 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 211 Expenditures by Category FY19-20 Actual Category Wages Employment Taxes Benefits Dues & Memberships Meetings and Training Maintenance & Repair Contractual Services Supplies Equipment Internal Service Total FY20-21 Actual $ 139,804 3,707 21,258 5,170 675 69,640 64 490 1,272 $ 242,080 $ 139,323 3,327 22,917 6,205 943 36,182 3 1,628 $ 210,528 FY21-22 Revised Budget $ 143,329 3,481 23,636 950 4,824 6,000 29,080 695 50 2,271 $ 214,316 FY22-23 Tentative Budget $ 134,650 2,353 26,896 950 4,824 6,000 60,080 695 50 2,270 $ 238,768 Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 85.3% Town of Fountain Hills | Budget Book 2023 FY22 96.8% FY23 95.0% Page 212 Administrative Services David Trimble Administrative Services Director/Deputy Town Mgr The Administrative Services Division leads the organization in the acquisition, maintenance, development, supervision and measurement of human assets and the results of their work (quality, productivity and service). The division also protects the Town's assets from loss and minimizes employee injuries on the job. Expenditures Summary $323,269 $51,420 (18.91% vs. prior year) Administrative Services Proposed and Historical Budget vs. Actual 500k 400k 300k 200k 100k 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 213 Expenditures by Expense Type Budgeted Expenditures by Expense Type ​IInternal nternal Service (0.9%) Maintenance ​M aintenance & Repair (1.4%) Dues ​D ues & Memberships (2.5%) Supplies ​S upplies (3.2%) Contractual ​C ontractual Services (9.8%) Meetings ​M eetings & Training (11.2%) Payroll ​P ayroll Expenses (71.1%) Budgeted and Historical Expenditures by Expense Type $0.5 $0.4 $0.3 Millions Internal Service Maintenance & Repair Dues & Memberships Supplies Contractual Services Meetings & Training Payroll Expenses $0.2 $0.1 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 214 Expenditures by Category FY19-20 Actual Category Wages Employment Taxes Benefits Dues & Memberships Meetings and Training Maintenance & Repair Contractual Services Supplies Internal Service Total FY20-21 Actual $ 122,425 1,929 27,109 8,884 8,414 39,535 6,356 1,085 $ 215,737 $ 142,610 3,288 29,207 11,055 16,115 1,883 1,947 $ 206,105 FY21-22 Revised Budget $ 145,657 3,521 30,830 7,861 36,204 2,962 31,533 10,271 3,011 $ 271,850 FY22-23 Proposed Budget $ 186,940 6,593 36,172 8,028 36,204 4,427 31,624 10,271 3,010 $ 323,269 Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 84.0% Town of Fountain Hills | Budget Book 2023 FY22 81.4% FY23 80.0% Page 215 Information Technology The Administration Department is dedicated to serving the citizens of Fountain Hills by providing administrative direction and support to the Town's Departments. Administration provides accurate and current information on Council legislation and administrative actions; provides for the delivery of comprehensive financial services to internal and external customers; provides support to Town staff; reaches out to political leaders and geographical neighbors to continue to grow re- lationships in the best interests of the Town; and enhances the Town's economic base through business attraction, retention and business vitality activities. Expenditures Summary $404,392 $19,440 (5.05% vs. prior year) Information Technology Proposed and Historical Budget vs. Actual 500k 400k 300k 200k 100k 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 216 Expenditures by Expense Type Budgeted Expenditures by Expense Type ​IInternal nternal Service (0.4%) Meetings ​M eetings & Training (0.7%) Equipment/Improvemen ​E quipment/Improvemen (1.2%) Utilities ​U tilities (3.2%) Maintenance ​M aintenance & Repair (47.1%) Payroll ​P ayroll Expenses (46.8%) Budgeted and Historical Expenditures by Expense Type $0.5 $0.4 Capital Expenditures Dues & Memberships Contractual Services Supplies Internal Service Meetings & Training Equipment/Improvemen Utilities Payroll Expenses Maintenance & Repair Millions $0.3 $0.2 $0.1 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 217 Expenditures by Category Category Wages Employment Taxes Benefits Dues & Memberships Education/Tuition Reimburse Maintenance and Repair Utilities Contractual Services Supplies Equipment Internal Service Capital Expenditures Total Town of Fountain Hills | Budget Book 2023 FY19-20 Actual $ 108,237 3,381 17,558 131,553 4,404 12,758 1,072 862 12,996 111 $ 292,932 FY20-21 Actual $ 118,136 3,931 18,299 112,476 14,083 12,758 1,079 1,696 33,593 1,441 $ 317,492 FY21-22 Revised Budget $ 135,812 4,425 20,626 172,400 12,800 1,000 2,350 5,000 1,539 50,000 $ 405,952 FY22-23 Tentative Budget $ 157,317 8,811 23,175 3,000 190,400 12,800 1,000 1,350 5,000 1,539 $ 404,392 Page 218 Legal Services The Town Attorney and Town Prosecutor are appointed by the Town Council to serve as general counsel for the Town in addition to its responsibility for the efficient disposition of criminal cases prosecuted in the Municipal Court. Expenditures Summary $294,512 $0 (0.00% vs. prior year) Legal Services Proposed and Historical Budget vs. Actual 350k 300k 250k 200k 150k 100k 50k 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 219 Expenditures by Expense Type Budgeted Expenditures by Expense Type Contractual ​C ontractual Services (100%) Budgeted and Historical Expenditures by Expense Type $0.35 $0.3 $0.25 Millions $0.2 $0.15 Dues & Memberships Contractual Services $0.1 $0.05 $0 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $-0.05 Page 220 Expenditures by Category Category Dues & Memberships Contractual Services Total Town of Fountain Hills | Budget Book 2023 FY19-20 Actual $285,286 $ 285,286 FY20-21 Actual $283,976 $ 283,976 FY21-22 Revised Budget $294,512 $ 294,512 FY22-23 Tentative Budget $294,512 $ 294,512 Page 221 Purchasing The Purchasing Division is responsible for supporting the Town's need for materials and services in accordance with Federal, State, and Town requirements. These requisitions are conducted in an open, competitive, and professional manner, which maximizes the effectiveness of tax dollars. Expenditures Summary $133,411 $20,127 (17.77% vs. prior year) Purchasing Proposed and Historical Budget vs. Actual 150k 125k 100k 75k 50k 25k 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 222 Expenditures by Expense Type Budgeted Expenditures by Expense Type Supplies ​S upplies (0.1%) Meetings ​M eetings & Training (0.1%) Dues ​D ues & Memberships (0.2%) ​IInternal nternal Service (0.7%) Maintenance ​M aintenance & Repair (10.3%) Payroll ​P ayroll Expenses (88.6%) Budgeted and Historical Expenditures by Expense Type $0.15 $0.125 Millions $0.1 Contractual Services Equipment/Improvemen Supplies Meetings & Training Dues & Memberships Internal Service Maintenance & Repair Payroll Expenses $0.075 $0.05 $0.025 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 $0 Page 223 Expenditures by Category Category Wages Employment Taxes Benefits Dues & Memberships Meetings & Training Maintenance & Repair Contractual Services Supplies Equipment/Improvement Internal Service Total Town of Fountain Hills | Budget Book 2023 FY19-20 Actual $ 53,412 983 9,865 73 34 1,267 $ 65,634 FY20-21 Actual $ 39,109 745 9,078 12,852 78 35 795 917 $ 63,609 FY21-22 Revised Budget $ 80,109 1,475 16,483 350 200 13,600 150 917 $ 113,284 FY22-23 Tentative Budget $ 89,544 1,583 27,067 245 200 13,705 150 917 $ 133,411 Page 224 Finance David Pock Finance Director The Finance Division provides efficient and cost effective financial oversight of both the short and long-term components of the Town's functions. The division strives to be proactive in providing financial information to staff and citizens. The division also provides safe, secure and effective cash, banking, merchant service, tax service and debt service administration for the Town. Expenditures Summary $729,239 $16,053 (2.25% vs. prior year) Finance Proposed and Historical Budget vs. Actual 800k 600k 400k 200k 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 225 Expenditures by Expense Type Budgeted Expenditures by Expense Type Dues ​D ues & Memberships (0.4%) Meetings ​M eetings & Training (0.7%) Maintenance ​M aintenance & Repair (1%) ​IInternal nternal Service (1%) Supplies ​S upplies (1.5%) Contractual ​C ontractual Services (18.9%) Payroll ​P ayroll Expenses (76.4%) Budgeted and Historical Expenditures by Expense Type $0.8 Millions $0.6 Equipment/Improvemen Dues & Memberships Meetings & Training Maintenance & Repair Internal Service Supplies Contractual Services Payroll Expenses $0.4 $0.2 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 226 Expenditures by Category FY19-20 Actual Category Wages Employment Taxes Benefits Dues & Memberships Meetings and Training Maintenance & Repair Contractual Services Supplies Equipment Internal Service Total FY20-21 Actual $ 351,233 8,794 72,185 2,228 2,455 1,551 139,323 6,564 2,207 1,236 $ 587,776 $ 311,910 8,557 65,306 2,810 2,073 1,191 157,994 8,593 7,617 5,606 $ 571,657 FY21-22 Revised Budget $ 387,493 10,100 78,186 2,685 9,793 3,650 254,609 11,835 1,150 7,487 $ 766,988 FY22-23 Tentative Budget $ 424,785 7,544 125,130 3,045 4,825 7,250 138,053 11,120 7,487 $ 729,239 Goals & Objectives Goal #1: Maintain transparency by communicating the Town's finances to the public Objectives: Hold public meetings twice a year, separate from council meetings, to present the Town's finances. (Less than 1 year) Goal #2: Promote the long-term financial health and stability of the Town Objectives: Produce and publish a five-year financial plan with revenue and expenditure forecasts. (Less than 2 years) Utilize the services of an experienced grant researcher and writer. (Less than 2 years) Update the current Facilities Reserve Study to identify lifecycle replacement and repair of facilities and infrastructure. (Less than 3 years) Goal #3: Develop an investment plan and schedule to maintain/bring Fountain Hills streets, medians, buildings, and parks to established standards Objectives: Develop a detailed infrastructure condition report with a scoring mechanism for evaluating and reporting the functionality, appearance, and upkeep of the Town's fixed assets. The report will be reviewed by the Town Council and available to Town citizens. (Less than 3 years) Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 82.3% Town of Fountain Hills | Budget Book 2023 FY22 86.1% FY23 85.0% Page 227 Public Information Bo Larsen Community Relations Manager/PIO The mission of the Community Relations/Public Information Office is to be the TRUSTED SOURCE of information by accurately communicating news and infor- mation to Fountain Hills' citizens, elected officials, customers, employees, and news media via internal and external communication sources. Expenditures Summary $194,741 $194,741 (% vs. prior year) Public Information Proposed and Historical Budget vs. Actual 250k 200k 150k 100k 50k 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 228 Expenditures by Expense Type Budgeted Expenditures by Expense Type Dues ​D ues & Memberships (0.02%) Meetings ​M eetings & Training (0.5%) ​IInternal nternal Service (0.5%) Supplies ​S upplies (0.8%) Equipment/Improvemen ​E quipment/Improvemen (1.5%) Maintenance ​M aintenance & Repair (13.5%) Contractual ​C ontractual Services (19.7%) Payroll ​P ayroll Expenses (63.4%) Budgeted and Historical Expenditures by Expense Type $0.25 $0.2 $0.15 Millions Dues & Memberships Meetings & Training Internal Service Supplies Equipment/Improvemen Maintenance & Repair Contractual Services Payroll Expenses $0.1 $0.05 FY 20 23 $0 Town of Fountain Hills | Budget Book 2023 Page 229 Goals & Objectives Goal #1: Retain existing businesses and attract new ones Objectives: Develop and promote an effective brand image to prospective businesses and residents. (Less than 3 years) Goal #2: Maintain transparency by communicating the Town's finances to the public Objectives: Conduct a regularly occurring community survey in order to track satisfaction levels with Town Services. (Less than 3 years) Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 94.5% Town of Fountain Hills | Budget Book 2023 FY22 97.9% FY23 95.0% Page 230 General Government The purpose of the General Government Department is to locate expenditures that are Town-wide and do not belong to any one department. Such expenditures as the community contracts, Town's membership dues in the Arizona League of Cities and Town, Maricopa Association of Governments, East Valley Partnership, and other Town-wide expenditures are located in the General Government Department. Transfers for Municipal Property Corporation (MPC) debt service for the Community Center are also located in General Government. Terms such as General Government and Non-Departmental are commonly used in municipal budgeting to describe this type of cost center. Expenditures Summary $5,141,607 $518,766 (11.22% vs. prior year) General Government Proposed and Historical Budget vs. Actual 6M 5M 4M 3M 2M 1M 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 231 Expenditures by Expense Type Budgeted Expenditures by Expense Type Meetings ​M eetings & Training (0.03%) Maintenance ​M aintenance & Repair (0.1%) Supplies ​S upplies (0.1%) Utilities ​U tilities (0.5%) Dues ​D ues & Memberships (1.1%) Contractual ​C ontractual Services (12%) Contingency ​C ontingency (86.5%) Budgeted and Historical Expenditures by Expense Type $6 $5 Millions $4 Internal Service Transfers Out Equipment/Improvemen Meetings & Training Maintenance & Repair Supplies Utilities Dues & Memberships Contractual Services Contingency $3 $2 $1 $0 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $-1 Page 232 Expenditures by Category Category Dues & Memberships Meetings & Training Maintenance & Repair Utilities Contractual Services Supplies Internal Service Contingency Total Town of Fountain Hills | Budget Book 2023 FY19-20 Actual $ 44,659 289 8,443 23,113 427,748 17,101 (5,132) $ 516,221 FY20-21 Actual $ 56,297 572 23,765 666,230 5,787 (2,852) $ 749,799 FY21-22 Revised Budget $ 57,163 1,740 6,000 25,000 877,726 6,305 (14,555) 4,867,174 $ 5,826,553 FY22-23 Tentative Budget $ 57,223 1,740 6,000 25,000 614,925 6,305 (14,555) 4,444,969 $ 5,141,607 Page 233 Municipal Court The Fountain Hills Municipal Court is the judicial branch of the Fountain Hills government. Pursuant to State law and the Town Code, decisions regarding the overall function of the Court are the sole responsibility of the Presiding Judge, who also has exclusive supervisory authority over all court personnel. The Court has jurisdiction over civil traffic, criminal traffic and criminal misdemeanor offenses and violations of our Town Code and ordinances. The Court also has authority over specified juvenile offenses. In addition, the Municipal Court Presiding Judge has authority to issue arrest/search warrants, civil orders of protection, and injunctions against harassment. As part of the Arizona State Court System, the Fountain Hills Municipal Court is subject to the authority and administrative supervision of the Arizona Supreme Court. The Fountain Hills Municipal Court has legal obligations and reporting responsibilities to the State as well as to the Town of Fountain Hills. The Court must comply with constantly changing federal, state, and local laws and administrative rules, including those relating to crimes and criminal procedure, victims' rights, record keeping, ADA, minimum accounting standards and judicial ethics. Organizational Chart Expenditures Summary $536,599 $29,655 (5.85% vs. prior year) Town of Fountain Hills | Budget Book 2023 Page 234 Municipal Court Proposed and Historical Budget vs. Actual 600k 500k 400k 300k 200k 100k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Expenditures by Fund 2023 Expenditures by Fund Court ​C ourt Enhancement Fund (16.7%) General ​G eneral Fund (83.3%) Town of Fountain Hills | Budget Book 2023 Page 235 Budgeted and Historical 2023 Expenditures by Fund $0.6 $0.5 Millions $0.4 $0.3 Court Enhancement Fund General Fund $0.2 $0.1 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Expenditures by Expense Type Budgeted Expenditures by Expense Type Supplies ​S upplies (0.7%) ​IInternal nternal Service (0.8%) Meetings ​M eetings & Training (1.1%) Equipment/Improvemen ​E quipment/Improvemen (1.8%) Maintenance ​M aintenance & Repair (2%) Contractual ​C ontractual Services (8.3%) Contingency ​C ontingency (9.3%) Payroll ​P ayroll Expenses (75.6%) Town of Fountain Hills | Budget Book 2023 Page 236 Budgeted and Historical Expenditures by Expense Type $0.6 $0.5 Millions $0.4 Capital Expenditures Dues & Memberships Supplies Internal Service Meetings & Training Equipment/Improvemen Maintenance & Repair Contractual Services Contingency Payroll Expenses $0.3 $0.2 $0.1 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Expenditures by Category General Fund Category Wages Employment Taxes Benefits Dues and Memberships Meetings and Training Maintenance and Repair Contractual Services Supplies Equipment Internal Service Total FY19-20 Actual $ 283,423 12,127 52,965 3,392 50 849 7,550 4,823 1,287 666 $ 367,132 FY20-21 Actual $ 298,797 13,037 51,319 2,483 375 1,825 12,109 4,507 1,282 3,944 $ 389,678 FY21-22 Revised Budget $ 287,397 10,527 53,776 677 3,405 9,510 54,231 3,939 260 4,422 $ 428,144 FY22-23 Tentative Budget $ 330,405 21,589 53,561 677 3,405 10,010 18,481 3,939 260 4,422 $ 446,749 FY21-22 Revised Budget $ 1,500 2,500 500 4,800 26,000 43,500 $ 78,800 FY22-23 Tentative Budget $ 1,500 2,500 500 25,800 9,550 50,000 $ 89,850 Court Enhancement Fund Category Dues & Memberships Meetings & Training Maintenance & Repair Contractual Services Supplies Equipment/Improvements Capital Expenditures Contingency Total Town of Fountain Hills | Budget Book 2023 FY19-20 Actual $38 848 691 $ 1,577 FY20-21 Actual $35,052 $ 35,052 Page 237 Goals & Objectives Goal #1: Promote the natural and built environment of Fountain Hills to improve the public health, well-being, and safety of the community Objectives: Continue providing exceptional court services to Town businesses, residents, and visitors. (Ongoing) Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 91.8% Town of Fountain Hills | Budget Book 2023 FY22 84.4% FY23 85.0% Page 238 Economic Development Amanda Jacobs Economic Development Director Economic Development in Fountain Hills requires a collaborative effort to ensure success. The Town of Fountain Hills plays a key role along with the business community and residents. The Town works collaboratively with the various stakeholder groups and other agencies in its effort to diversify the local economy. The Economic Development Plan is a multi-tiered approach to building a strong economic base. Creating more base jobs locally will attract more year-round residents to live, work and play in the community. Expanding the market for local businesses creates revenues that support the community's quality of life. As revenues are generated and the economic base expands, revenues are available for basic services such as parks, recreation and roadway improvements. Expenditures Summary $568,234 -$293,409 (-34.05% vs. prior year) Economic Development Proposed and Historical Budget vs. Actual 1,500k 1,250k 1,000k 750k 500k 250k 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 239 Expenditures by Fund 2023 Expenditures by Fund Downtown ​D owntown Strategy Fund (11.5%) Tourism ​T ourism Fund (48.8%) Economic ​E conomic Development Fund (39.8%) Budgeted and Historical 2023 Expenditures by Fund $1.5 $1.25 Millions $1 $0.75 Downtown Strategy Fund Economic Development Fund Tourism Fund $0.5 $0.25 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 240 Expenditures by Expense Type Budgeted Expenditures by Expense Type Utilities ​U tilities (0.4%) ​IInternal nternal Service (0.7%) Supplies ​S upplies (1.3%) Dues ​D ues & Memberships (1.7%) Meetings ​M eetings & Training (1.7%) Maintenance ​M aintenance & Repair (6.9%) Payroll ​P ayroll Expenses (47%) Contractual ​C ontractual Services (40.2%) Budgeted and Historical Expenditures by Expense Type $1.5 $1.25 Millions $1 Transfers Out Capital Expenditures Equipment/Improvemen Utilities Internal Service Supplies Dues & Memberships Meetings & Training Maintenance & Repair Contractual Services Payroll Expenses $0.75 $0.5 $0.25 Town of Fountain Hills | Budget Book 2023 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Page 241 Expenditures by Category Downtown Strategy Fund Category Maintenance and Repair Contractual Services Capital Expenditures Total FY19-20 Actual $ 3,232 35,242 $ 38,474 FY20-21 Actual $50,091 49,474 $ 99,565 FY21-22 Revised Budget $ 1,800 58,400 $ 60,200 FY22-23 Tentative Budget $ 11,800 53,400 $ 65,200 Economic Development Fund Category Wages Employment Taxes Benefits Dues & Memberships Meetings & Training Maintenance and Repair Contractual Services Supplies Internal Service Total FY19-20 Actual $ 163,161 2,756 36,706 5,274 4,551 1,062 9,587 40 $ 223,137 FY20-21 Actual $ 162,883 2,925 39,618 5,157 4,642 3,342 5,621 1,376 $ 225,564 FY21-22 Revised Budget $ 170,029 3,131 42,650 5,624 6,320 15,100 200 1,445 $ 244,499 FY22-23 Tentative Budget $ 130,000 2,326 36,505 1,299 6,320 16,325 23,269 400 1,476 $ 217,920 FY21-22 Revised Budget $ 44,706 847 10,498 8,383 3,500 3,000 2,052 126,706 7,880 1,000 2,323 $ 210,895 FY22-23 Tentative Budget $ 77,818 1,431 19,025 8,380 3,500 3,000 2,050 151,700 6,880 1,000 2,330 $ 277,114 Tourism Fund Category Wages Employment Taxes Benefits Dues & Memberships Meetings & Training Maintenance and Repair Utilities Contractual Services Supplies Equipment/Improvement Internal Service Total Town of Fountain Hills | Budget Book 2023 FY19-20 Actual $ 39,579 $ 646 $ 8,908 $ 8,364 $ 1,277 $$ 496 $ 109,810 $ 1,985 $$ 826 $ 171,891 FY20-21 Actual $ 41,647 $ 777 $ 8,536 $ 10,165 $ 129 $$ 370 $ 94,873 $ 5,763 $ 3,737 $ 886 $ 166,883 Page 242 Goals & Objectives Goal #1: Retain existing businesses and attract new ones Objectives: Develop and promote an effective brand image to prospective businesses and residents. (Less than 3 years) Develop strategies for retaining existing businesses and attracting new ones from the following sectors: health and wellness, professional services, and Science, Technology, Engineering, and Math (STEM). (Less than 2 years) Continue to maintain an economic development webpage and a business metric database. (Less than 2 years) Goal #2: Lead the formation of collaborative economic development groups Objectives: Coordinate periodic meetings between the Town of Fountain Hills, Fountain Hills Chamber of Commerce, Fort McDowell Yavapai Nation, and Salt River Pima Maricopa Indian Community to discuss the local expansion of business and tourism. (Less than 3 years) Form a business professional advisory group. (Less than 1 year) Goal #3: Promote Fountain Hills as a community focused on public health, well-being, and safety Objectives: Support the expansion of preventive health and wellness access within the Fountain Hills community. (Less than 1 year) Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 88.5% Town of Fountain Hills | Budget Book 2023 FY22 68.3% FY23 85.0% Page 243 Public Works Justin Weldy Public Works Director The Public Works Department is dedicated to enhancing the quality of life in Fountain Hills by ensuring the construction of quality infrastructure; maintenance of roadways and traffic control devices; maintenance of Townowned washes, dams, medians and open space; and maintenance of Town facilities in a manner that provides a safe, healthy and secure environment for staff and visitors. The Department strives to provide quality customer service in a professional and timely manner. Organizational Chart Expenditures Summary $22,504,592 $4,940,729 (28.13% vs. prior year) Town of Fountain Hills | Budget Book 2023 Page 244 Public Works Proposed and Historical Budget vs. Actual 25M 20M 15M 10M 5M 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Expenditures by Fund 2023 Expenditures by Fund All ​A ll Funds (100%) Town of Fountain Hills | Budget Book 2023 Page 245 Budgeted and Historical 2023 Expenditures by Fund $25 $20 Millions $15 All Funds $10 $5 FY 20 23 FY 20 22 FY 20 21 FY 20 19 FY 20 20 $0 Expenditures by Expense Type Budgeted Expenditures by Expense Type Meetings ​M eetings & Training (0.3%) Supplies ​S upplies (0.4%) Equipment/Improvemen ​E quipment/Improvemen (0.5%) ​IInternal nternal Service (0.5%) Contingency ​C ontingency (27.6%) Utilities ​U tilities (1.6%) Contractual ​C ontractual Services (8.4%) Payroll ​P ayroll Expenses (15.2%) Capital ​C apital Expenditures (22.2%) Town of Fountain Hills | Budget Book 2023 Maintenance ​M aintenance & Repair (22.9%) Page 246 Budgeted and Historical Expenditures by Expense Type $25 $20 Debt Service Damages/Vandalism Dues & Memberships Meetings & Training Supplies Equipment/Improvemen Internal Service Utilities Contractual Services Payroll Expenses Capital Expenditures Maintenance & Repair Contingency Millions $15 $10 $5 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Goals & Objectives Goal #1: Develop an investment plan and schedule to maintain/bring Fountain Hills streets, medians, buildings, and parks to established standards Objectives: Develop a detailed infrastructure condition report with a scoring mechanism for evaluating and reporting the functionality, appearance, and upkeep of the Town's fixed assets. The report will be reviewed by the Town Council and available to Town citizens. (Less than 3 years) Goal #2: Support local broadband strategic buildouts and deployment efforts while ensuring the preservation of conduit and right-of-way for future technologies Objectives: Make co-location of broadband a requirement with existing infrastructure planning as a condition of permit use or where public funding is provided. This includes above-ground infrastructure and the codification of "dig once" policies where service providers install broadband conduit as other infrastructure is installed. (Less than 2 years) Goals #3: Increase the ease and safety of multi-use aspects of Fountain Hills roads Objectives: The Fountain Hills Town Council Subcommittee on Pedestrian and Traffic Safety will continue to identify opportunities to interconnect sidewalks wherever possible to reduce risk to pedestrians and will continue to update and schedule remedy. (Less than 2 years) Develop a comprehensive bicycle master plan. A successful plan will focus on developing a seamless cycling network that emphasizes education and enforcement programs to increase usage. (Less than 2 years) Town of Fountain Hills | Budget Book 2023 Page 247 Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 83.1% Town of Fountain Hills | Budget Book 2023 FY22 61.6% FY23 85.0% Page 248 Development Services John Wesley Development Services Director The Development Services Department is dedicated to enhancing the quality of life in Fountain Hills by providing plan review, construction permitting, building inspections, code enforcement, and Geographic Information Systems, as well as the use of innovative and proven land planning techniques. The Department strives to provide quality customer service in a professional and timely manner. Organizational Chart Expenditures Summary $1,359,678 $176,262 (14.89% vs. prior year) Town of Fountain Hills | Budget Book 2023 Page 249 Development Services Proposed and Historical Budget vs. Actual 1,500k 1,250k 1,000k 750k 500k 250k 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Expenditures by Expense Type Budgeted Expenditures by Expense Type Utilities ​U tilities (0.4%) Supplies ​S upplies (0.9%) Meetings ​M eetings & Training (1.3%) ​IInternal nternal Service (1.9%) Maintenance ​M aintenance & Repair (3%) Contingency ​C ontingency (7.4%) Contractual ​C ontractual Services (11%) Payroll ​P ayroll Expenses (73.6%) Town of Fountain Hills | Budget Book 2023 Page 250 Budgeted and Historical Expenditures by Expense Type $1.5 $1.25 Millions $1 Dues & Memberships Equipment/Improvemen Utilities Supplies Meetings & Training Internal Service Maintenance & Repair Contingency Contractual Services Payroll Expenses $0.75 $0.5 $0.25 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Expenditures by Category Category Wages Employment Taxes Benefits Dues & Memberships Meetings and Training Maintenance and Repair Utilities Contractual Services Supplies Equipment Internal Service Contingency Total Town of Fountain Hills | Budget Book 2023 FY19-20 Actual $ 588,631 15,895 128,453 4,674 2,837 1,718 2,917 41,813 5,823 2,690 12,038 $ 807,489 FY20-21 Actual $ 670,278 18,893 155,872 27,492 1,645 2,753 2,689 41,676 2,984 21,484 18,948 $ 964,714 FY21-22 Revised Budget $ 732,168 25,412 172,125 3,907 16,530 40,355 4,560 74,074 10,960 2,800 25,525 75,000 $ 1,183,416 FY22-23 Tentative Budget $ 775,701 25,690 199,861 4,042 18,230 40,355 5,040 149,074 11,710 4,450 25,525 100,000 $ 1,359,678 Page 251 Goals & Objectives Goal #1: Retain existing businesses and attract new ones Objectives: Identify ways to streamline the building permit process. (Less than 2 years) Goal #2: Promote the natural and built environment of Fountain Hills to improve the public health, well-being, and safety of the community Objectives: Create and publicize an Environmental Plan for Fountain Hills (Less than 1 year) Goal #3: Increase the ease and safety of multi-use aspects of Fountain Hills roads Objectives: Develop a comprehensive bicycle master plan. A successful plan will focus on developing a seamless cycling network that emphasizes education and enforcement programs to increase usage. (Less than 2 years) Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 94.6% Town of Fountain Hills | Budget Book 2023 FY22 88.9% FY23 90.0% Page 252 Community Services Rachael Goodwin Community Services Director The mission of the Community Services Department is to provide exceptional customer service to enhance the quality of life by providing and maintaining safe, available, and accessible parks and facilities, recreation programs, events, and services that will meet the intellectual, social, cultural, and leisure needs of all residents. Organizational Chart Expenditures Summary $6,526,221 $901,003 (16.02% vs. prior year) Town of Fountain Hills | Budget Book 2023 Page 253 Community Services Proposed and Historical Budget vs. Actual 8M 6M 4M 2M 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Expenditures by Expense Type Budgeted Expenditures by Expense Type ​IInternal nternal Service (1%) Equipment/Improvemen ​E quipment/Improvemen (1.2%) Contingency ​C ontingency (2.1%) Supplies ​S upplies (3.1%) Maintenance ​M aintenance & Repair (3.5%) Utilities ​U tilities (6%) Capital ​C apital Expenditures (43%) Contractual ​C ontractual Services (11.6%) Payroll ​P ayroll Expenses (27.9%) Town of Fountain Hills | Budget Book 2023 Page 254 Budgeted and Historical Expenditures by Expense Type $7 $6 Millions $5 Damages/Vandalism Dues & Memberships Meetings & Training Internal Service Equipment/Improvemen Contingency Supplies Maintenance & Repair Utilities Contractual Services Payroll Expenses Capital Expenditures $4 $3 $2 $1 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Goals & Objectives Goal #1: Promote the natural and built environment of Fountain Hills to improve the public health, well-being, and safety of the community Objectives: Continue to expand and connect open space and recreational facilities to create opportunities for physical activities. (Less than 3 years) Work with local environmental organizations in strengthening our community's connection with its natural surroundings. (Less than 1 year) Goal #2: Develop an investment plan and schedule to maintain/bring Fountain Hills streets, medians, buildings, and parks to established standards Objectives: Develop a detailed infrastructure condition report with a scoring mechanism for evaluating and reporting the functionality, appearance, and upkeep of the Town's fixed assets. The report will be reviewed by the Town Council and available to Town citizens. (Less than 3 years) Goal #3: Utilize services provided by other government agencies and outside entities in evaluating and supporting the health of Fountain Hills parks Objectives: Utilize nationally recognized standards for maintenance of the Town's park system. (Less than 2 years) Town of Fountain Hills | Budget Book 2023 Page 255 Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 82.7% Town of Fountain Hills | Budget Book 2023 FY22 81.2% FY23 80.0% Page 256 Fire and Emergency Medical Services Dave Ott Fire Chief Fire protection and Emergency Medical Service (EMS) are provided by a public/ private partnership between the Town and Rural Metro Corporation. The Town owns the equipment and facilities and Rural Metro supplies the personnel through a contract. The Fire Department is responsible for EMS delivery and fire suppression within the Town limits. The Fire Department is also responsible for fire prevention that includes plan review and building inspections. The Fire Department takes the lead role in emergency management and the Fire Chief serves as the Emergency Manager for the Town. The Fire Department also provides other community services such as public education, CPR classes, child safety seat checks and other safety programs. Organizational Chart Expenditures Summary $4,457,834 $171,250 (4.00% vs. prior year) Town of Fountain Hills | Budget Book 2023 Page 257 Fire and Emergency Medical Services Proposed and Historical Budget vs. Actual 5M 4M 3M 2M 1M 0 FY2019 FY2020 FY2021 Actual FY2022 FY2023 Budgeted Expenditures by Expense Type Budgeted Expenditures by Expense Type Equipment/Improvemen ​E quipment/Improvemen (0.5%) Utilities ​U tilities (0.7%) Capital ​C apital Expenditures (1.2%) Maintenance ​M aintenance & Repair (1.3%) ​IInternal nternal Service (4.5%) Contractual ​C ontractual Services (91.3%) Town of Fountain Hills | Budget Book 2023 Page 258 Budgeted and Historical Expenditures by Expense Type $5 $4 $3 Millions Dues & Memberships Meetings & Training Supplies Equipment/Improvemen Utilities Capital Expenditures Maintenance & Repair Internal Service Contractual Services $2 $1 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Expenditures by Category Category Dues & Memberships Meeting & Training Maintenance and Repair Utilities Contractual Services Supplies Equipment Internal Service Capital Expenditures Total FY19-20 Actual $ 700 1,229 52,308 30,827 3,724,443 5,983 17,121 170,193 $ 4,002,804 FY20-21 Actual $ 482 319 44,344 27,009 2,559,569 6,924 18,611 435,190 $ 3,092,448 FY21-22 Revised Budget $ 500 2,200 58,110 32,340 794,212 14,555 24,500 201,491 $ 1,127,908 FY22-23 Tentative Budget $ 500 2,200 58,110 32,340 4,071,438 14,555 22,200 201,491 55,000 $ 4,457,834 Goals & Objectives Goal #1: Promote the natural and built environment of Fountain Hills to improve the public health, well-being, and safety of the community Objectives: Continue providing exceptional fire protection, emergency medical, and life-safety services to Town businesses, residents, and visitors. (Ongoing) Town of Fountain Hills | Budget Book 2023 Page 259 Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 98.1% Town of Fountain Hills | Budget Book 2023 FY22 99.9% FY23 98.0% Page 260 Law Enforcement Larry Kratzer District 7 Commander The Maricopa County Sheriff's Office is a fully integrated law enforcement agency committed to being the leader in establishing the standards for providing quality law enforcement, detention and support services to the citizens of Maricopa Coun- ty and to other criminal justice agencies. Under the command of Captain Larry Kratzer, twenty-two deputies are assigned to the Town of Fountain Hills. Of these, twenty deputies and six sergeants are assigned to patrol. In addition, one deputy is assigned as the School Resource Officer and one deputy is assigned as the Community Liaison to address quality of life issues, court security, and administrative duties. Additionally, there are three detectives assigned, one detective supervisor sergeant, one administrative sergeant, one Commander (Captain), one Deputy Commander (Lieutenant), and one administrative assistant. Expenditures Summary $5,456,036 $301,736 (5.85% vs. prior year) Law Enforcement Proposed and Historical Budget vs. Actual 6M 5M 4M 3M 2M 1M 0 FY2019 FY2020 FY2021 Actual Town of Fountain Hills | Budget Book 2023 FY2022 FY2023 Budgeted Page 261 Organizational Chart Expenditures by Expense Type Budgeted Expenditures by Expense Type Supplies ​S upplies (0.001%) Maintenance ​M aintenance & Repair (0.02%) Damages/Vandalism ​D amages/Vandalism (0.2%) Contractual ​C ontractual Services (99.8%) Town of Fountain Hills | Budget Book 2023 Page 262 Budgeted and Historical Expenditures by Expense Type $6 $5 Millions $4 Dues & Memberships Supplies Maintenance & Repair Damages/Vandalism Contractual Services $3 $2 $1 FY 20 23 FY 20 22 FY 20 21 FY 20 20 FY 20 19 $0 Expenditures by Category FY19-20 Actual Category Dues & Memberships Maintenance and Repair Contractual Services Supplies Damages/Vandalism Total FY21-22 Revised Budget FY20-21 Actual $2,316 4,729,669 $ 4,731,985 $3,352,889 $ 3,352,889 $1,296 4,093,491 40 10,000 $ 4,104,827 FY22-23 Tentative Budget $1,296 5,444,700 40 10,000 $ 5,456,036 Goals & Objectives Goal #1: Promote the natural and built environment of Fountain Hills to improve the public health, well-being, and safety of the community Objectives: Continue providing exceptional law enforcement services to Town businesses, residents and visitors. (Ongoing) Performance Measures The Town Council adopted a new Strategic Plan in 2022, which identified four strategic priorities. Each of these priorities are supported by multiple signature strategies and tasks. Staff will be developing meaningful performance measures based on these priorities over the course of the fiscal year. However, one performance measure will be included across all departments and/or divisions that supports the second strategic priority of “Promoting the long-term financial sustainability of Town infrastructure, Environmental, and Social Resources.” The most recent audited budget-to-actual expenditure information, along with estimates for the current fiscal year, and target percentages for the budgeted year will be presented. Expenditure Budget-to-Actual (%) FY21 85.7% Town of Fountain Hills | Budget Book 2023 FY22 98.5% FY23 98.0% Page 263 CAPITAL IMPROVEMENTS Town of Fountain Hills | Budget Book 2023 Page 264 Capital Improvements: One-year Plan Total Capital Requested $7,688,400 22 Capital Improvement Projects Total Funding Requested by Department Community Services (35%) $2,686,000.00 Public Works (65%) $5,002,400.00 TOTAL $7,688,400.00 Capital Costs Breakdown Total Funding Requested by Source Capital Project Fund (600) (96%) Parks Development Fee Fund (740) (4%) TOTAL $7,413,400.00 $275,000.00 $7,688,400.00 Cost Savings & Revenue Breakdown There's no data for building chart Capital Costs (100%) $7,688,400.00 Operational Costs (0%) TOTAL $10,500.00 $7,698,900.00 Town of Fountain Hills | Budget Book 2023 Page 265 Public Works Requests Itemized Requests for 2023 Brantley Detention Basin $450,000 New Storm Water Detention Basin. Community Center Renovations Phase II $275,000 This phase of the Community Center Renovation will address issues discovered during Phase I of the project. During the initial phase of renovations, a drainage issue was discovered at the exterior walls and doors of the building. This phase of the... Fountain Hills Area Drainage Master Planning and Design $150,000 The Flood Control District of Maricopa County has initiated an Area Drainage Master Study/Plan (ADMS/P) for the Town of Fountain Hills. the firm of Black and Veatch was selected to complete the master plan. This project is currently underway, with... Golden Eagle Impoundment Area Improvements $1,500,000 Drainage channel improvements. Modify trash racks on Golden Eagle dam inlets. Construct floodwalls, sediment drop basins, grouted riprap, irrigation & electrical relocation, walking path reconstruction and retaining wall construction. Miscellaneous Drainage Improvements $50,000 This project will provide for the construction of new drainage facilities, major repairs, or the extension of existing facilities at locations of future road widening projects so that excess excavated materials may be put in place when available. Palisades & La Montana Intersection Improvements $150,000 An Intersection Analysis will need to be completed at this location. The intersection is currently stop controlled on all four approaches, east and west bound Palisades and north and south bound La Montana. This project will include the design... Pedestrian Access & Lake Overlook $131,800 Construct a Pedestrian Access overlook area on the west side of Fountain Park across from Avenue of the Fountains. Phase II Panorama Drive Storm Drain Improvements $1,025,000 Engineering Design and construction for drainage improvements to the lower segment of Panorama Wash. The Panorama Drain outfalls near El Lago Blvd into Panorama Wash, which converges with Colony Wash and has created ponding issues for several... Saguaro & La Montana Intersection Improvements $150,000 An Intersection Analysis is currently underway for Saguaro Blvd and La Montana Blvd. The intersection is currently stop controlled on the La Montana Blvd approaches. This project will include the design and construction... Saguaro and Avenue of the Fountains Roundabout $260,600 Construct a Roundabout to improve Traffic/pedestrian Safety. Shea Boulevard Widening - Palisades Boulevard to Technology Drive $100,000 Roadway Design. This segment will complete west bound Shea, Palisades to Fountain Hills Blvd. The ultimate buildout when completed will widen Shea Boulevard to six lanes Sidewalk Infill and Design $300,000 This project will provide for the design and construction of infill sidewalk where gaps currently exist throughout the Town. Where necessary, design and construction elements will also include utility coordination and relocation,... Town Wide Storm Water Infrastructure Rehabilitation $150,000 Town wide stormwater Infrastructure Maintenance and repair. Town of Fountain Hills | Budget Book 2023 Page 266 Video Surveillance Cameras $75,000 Purchase and installation of video surveillance cameras at various Town parks. Wayfinding Signs $235,000 Provide way-finding signs at strategic locations throughout the Town to help direct visitors to public amenities, parks, lodging and business areas. Total: $5,002,400 Community Services Requests Itemized Requests for 2023 CIP Centennial Pavilion $275,000 Centennial Circle Pavilion/ Pavilion improvements The Centennial Circle is a large and under-utilized space. This CIP project is designed to make the new pavilion area become a programmable space that can be utilized by multiple... CIP Desert Vista Dog Park Drainage Improvements $75,000 Improper grading in the lower, east end of the large dog park causes puddles and holds water whenever it rains or there are irrigation issues in the park. The puddles cause issues when the dogs naturally gravitate to them and, as a... CIP Desert Vista Park $940,000 Skate/Bike Park remodel and improvements The skate park at Desert Vista has multiple safety concerns due to cracking and chipping concrete. The park will be redesigned with new ramps and features that will extend the footprint to the turf... CIP Fountain Park $211,000 Lights for playrounds The playgrounds at Fountain Park have never had lighting. There have been several requests by residents to light them so children can play on them after dark, especially in the summer. This request is for $170,000.00... CIP Fountain Park Sidewalk Replacement $100,000 Sidewalk Replacement Program This CIP project is designed to replace sidewalks in the parks that are creating potential safety issues due to root lifting or slip and fall issues on park sidewalks. Staff is requesting a multi-year program... CIP Four Peaks Park $235,000 Playground Lighting The 2-5 year old playground currently does not have lighting and the lights for the 5-12yr old playground are from the old basketball courts. Staff is recommending retrofitting the basketball poles with new Musco... CIP Golden Eagle Park $850,000 Shade around ballfields New shade structures were installed after the flooding of 2018 and this CIP project would complete the shading needed in the remaining ballfield areas. This would add shade structures to field 1 where there... Total: $2,686,000 Town of Fountain Hills | Budget Book 2023 Page 267 Capital Improvements: Multi-year Plan Total Capital Requested $19,568,400 22 Capital Improvement Projects Total Funding Requested by Department 2023 $7,688,400.00 2024 $9,955,000.00 2025 $675,000.00 2026 $675,000.00 2027 $575,000.00 $0 $2.5M Community Services $5M $7.5M Public Works Total Funding Requested by Source 2023 $7,688,400.00 2024 $9,955,000.00 2025 $675,000.00 2026 $675,000.00 2027 $575,000.00 $0 $2.5M Capital Project Fund (600) Town of Fountain Hills | Budget Book 2023 $5M $7.5M Parks Development Fee Fund (740) Page 268 Capital Costs Breakdown 2023 $7,698,900.00 2024 $9,970,500.00 2025 $692,500.00 2026 $732,500.00 2027 $630,000.00 $0 $2.5M Capital Costs $5M $7.5M Operational Costs Cost Savings & Revenues There's no data for building chart Town of Fountain Hills | Budget Book 2023 Page 269 Public Works Requests Itemized Requests for 2023-2028 Brantley Detention Basin $450,000 New Storm Water Detention Basin. Community Center Renovations Phase II $550,000 This phase of the Community Center Renovation will address issues discovered during Phase I of the project. During the initial phase of renovations, a drainage issue was discovered at the exterior walls and doors of the building. This phase of the... Fountain Hills Area Drainage Master Planning and Design $150,000 The Flood Control District of Maricopa County has initiated an Area Drainage Master Study/Plan (ADMS/P) for the Town of Fountain Hills. the firm of Black and Veatch was selected to complete the master plan. This project is currently underway, with... Golden Eagle Impoundment Area Improvements $1,500,000 Drainage channel improvements. Modify trash racks on Golden Eagle dam inlets. Construct floodwalls, sediment drop basins, grouted riprap, irrigation & electrical relocation, walking path reconstruction and retaining wall construction. Miscellaneous Drainage Improvements $250,000 This project will provide for the construction of new drainage facilities, major repairs, or the extension of existing facilities at locations of future road widening projects so that excess excavated materials may be put in place when available. Palisades & La Montana Intersection Improvements $1,650,000 An Intersection Analysis will need to be completed at this location. The intersection is currently stop controlled on all four approaches, east and west bound Palisades and north and south bound La Montana. This project will include the design... Pedestrian Access & Lake Overlook $1,631,800 Construct a Pedestrian Access overlook area on the west side of Fountain Park across from Avenue of the Fountains. Phase II Panorama Drive Storm Drain Improvements $1,450,000 Engineering Design and construction for drainage improvements to the lower segment of Panorama Wash. The Panorama Drain outfalls near El Lago Blvd into Panorama Wash, which converges with Colony Wash and has created ponding issues for several... Saguaro & La Montana Intersection Improvements $1,650,000 An Intersection Analysis is currently underway for Saguaro Blvd and La Montana Blvd. The intersection is currently stop controlled on the La Montana Blvd approaches. This project will include the design and construction... Saguaro and Avenue of the Fountains Roundabout $1,760,600 Construct a Roundabout to improve Traffic/pedestrian Safety. Shea Boulevard Widening - Palisades Boulevard to Technology Drive $1,780,000 Roadway Design. This segment will complete west bound Shea, Palisades to Fountain Hills Blvd. The ultimate buildout when completed will widen Shea Boulevard to six lanes Sidewalk Infill and Design $1,500,000 This project will provide for the design and construction of infill sidewalk where gaps currently exist throughout the Town. Where necessary, design and construction elements will also include utility coordination and relocation,... Town Wide Storm Water Infrastructure Rehabilitation $750,000 Town wide stormwater Infrastructure Maintenance and repair. Town of Fountain Hills | Budget Book 2023 Page 270 Video Surveillance Cameras $375,000 Purchase and installation of video surveillance cameras at various Town parks. Wayfinding Signs $235,000 Provide way-finding signs at strategic locations throughout the Town to help direct visitors to public amenities, parks, lodging and business areas. Total: $15,682,400 Community Services Requests Itemized Requests for 2023-2028 CIP Centennial Pavilion $275,000 Centennial Circle Pavilion/ Pavilion improvements The Centennial Circle is a large and under-utilized space. This CIP project is designed to make the new pavilion area become a programmable space that can be utilized by multiple... CIP Desert Vista Dog Park Drainage Improvements $75,000 Improper grading in the lower, east end of the large dog park causes puddles and holds water whenever it rains or there are irrigation issues in the park. The puddles cause issues when the dogs naturally gravitate to them and, as a... CIP Desert Vista Park $1,140,000 Skate/Bike Park remodel and improvements The skate park at Desert Vista has multiple safety concerns due to cracking and chipping concrete. The park will be redesigned with new ramps and features that will extend the footprint to the turf... CIP Fountain Park $211,000 Lights for playrounds The playgrounds at Fountain Park have never had lighting. There have been several requests by residents to light them so children can play on them after dark, especially in the summer. This request is for $170,000.00... CIP Fountain Park Sidewalk Replacement $400,000 Sidewalk Replacement Program This CIP project is designed to replace sidewalks in the parks that are creating potential safety issues due to root lifting or slip and fall issues on park sidewalks. Staff is requesting a multi-year program... CIP Four Peaks Park $235,000 Playground Lighting The 2-5 year old playground currently does not have lighting and the lights for the 5-12yr old playground are from the old basketball courts. Staff is recommending retrofitting the basketball poles with new Musco... CIP Golden Eagle Park $1,550,000 Shade around ballfields New shade structures were installed after the flooding of 2018 and this CIP project would complete the shading needed in the remaining ballfield areas. This would add shade structures to field 1 where there... Total: $3,886,000 Town of Fountain Hills | Budget Book 2023 Page 271 DEBT Town of Fountain Hills | Budget Book 2023 Page 272 Outstanding Debt The Schedule below includes an itemization of the outstanding debt as of June 30, 2021, after the scheduled principal and interest payments due July 1, 2021. Bond Type Purpose of Issue Date of Interest Bond Issue Rate Date of Maturity Road GO Construction 12/18/2014 2.00-3.00 Total GO 7/1/2020 7,565,000 7,565,000 7,565,000 7,565,000 0 0 Rev Refunding Total Rev 6/4/2015 1.62 7/1/2020 1,880,000 1,880,000 1,880,000 1,880,000 0 0 GO Eagle Mtn 6/4/2015 Total GO - Eagle Mtn 1.76 7/1/2021 2,300,000 2,300,000 2,300,000 2,300,000 0 0 $ 11,745,000 $ 11,745,000 $0 Grand Total Original Principal Principal Outstanding Amount Amount Retired Principal Legal Debt Limit The Total Net Debt Applicable to Limit comes from the Report of Bonded Indebtedness and is related to those issues noted by the appropriate % debt limit. 20% limit - GO bonds for projects involving water, sewer, artificial lighting, parks, open space, public safety, law enforcement, fire and emergency facilities, street and transportation facilities and recreational facility improvements. 6% limit - GO bonds for any other general purpose improvements. The basis for determining the legal debt margin is the net full cash assessed value of all property located within the Town. FY18-19 FY19-20 FY20-21 FY21-22 $ 32,385,629 $ 33,951,090 $ 35,683,229 $ 37,823,715 $ 26,678,977 $ 27,998,343 $ 35,683,229 $ 37,823,715 - - - - $ 107,952,098 3,495,000 $ 83,454,923 $ 113,170,302 1,615,000 $ 89,832,809 $ 118,944,098 $ 126,079,049 $ 118,944,098 $ 126,079,049 3% 1% 0 0 $ 539,760,488 $ 565,851,508 $ 594,720,491 $ 630,395,243 6% Debt Limit Debt limit Total applicable to limit Legal debt margin Total net debt applicable to the limit as a percentage of debt limit 20% Debt Limit Debt limit Total applicable to limit Legal debt margin Total net debt applicable to the limit as a percentage of debt limit Net Assessed Full Cash Value 0 Town of Fountain Hills | Budget Book 2023 0 0 0 0 0 Page 273 General Obligation (GO) Bonds Voter-approved General Obligation bonds issued by the Town are repaid by collecting a secondary property tax. This secondary property tax levy is based on the total amount required for the annual principal and interest payments (with adjustments for carry-forward and/or interest earnings, delinquencies, etc.) divided by the total assessed valuation for the Town of Fountain Hills. Currently, the Town does not have any outstanding General Obligation bonds, and a town-wide secondary property tax is not required for fiscal year 2023. Municipal Property Corporation (MPC) Bonds One of the methods of funding major municipal projects is the use of a Municipal Property Corporation (MPC). The Town created the Fountain Hills Municipal Property Corporation, and bonds were issued in 2000 and 2001 to build the Community Center and purchase a portion of the McDowell Mountain Preserve, respectively. In 2004, MPC bonds were used to construct Town Hall. While the bonds are outstanding, the MPC owns the land and buildings purchased with bond proceeds. Principal and interest payments are made using various operating revenues received by the Town and do not require a property tax levy on residents. Now that all the MPC bonds have been retired, ownership of the buildings and land have been transferred to the Town. Eagle Mountain Community Facilities District (EMCFD) Bonds There have been four bond issues (issued as General Obligation bonds) that were approved for specific purposes: The first two CFD bond issues in 1996 (refunded in 2005) were to acquire certain public infrastructure benefiting the District, specifically a sewer project, a storm water conveyance system project, the Eagle Mountain Parkway Phase I project, and the Summer Hill Boulevard project. The third CFD bond issue, completed in 2005, refunded and defeased the two 1996 issues. The fourth issue refinanced the outstanding bonds in 2015 to reduce interest costs. The Eagle Mountain Community Facilities District debt payments are levied on the property owners within the District. These obligations are paid by the property owners using secondary property taxes, less any credits, carry-forward and/or interest earnings and allowing for delinquencies. The final payment on the fourth issue was made on 7/1/2021. As a result, a secondary property tax will not be assessed for fiscal year 2023. Town of Fountain Hills | Budget Book 2023 Page 274 SCHEDULES & RESOURCES Town of Fountain Hills | Budget Book 2023 Page 275 Schedule of Authorized Positions FY 19-20 FY 20-21 FY 21-22 FY 22-23 Authorized Authorized Authorized Proposed FTE FTE FTE FTE Presiding Judge Court Administrator Senior Court Clerk Court Operations Coordinator Court Clerk 0.63 1.00 2.00 - 0.63 1.00 2.00 - 0.63 1.00 1.00 1.00 - 0.63 1.00 1.00 2.00 Authorized FTE 3.63 3.63 3.63 4.63 Executive Asst to Town Mgr/Council Town Clerk Economic Development Analyst Economic Development and Tourism Specialist Management Analyst Economic Development Director Communications and Marketing Coordinator Community Relations Manager Community Relations Director Chief Technology Administrator Network & Information Technology Administrator Information Technology Support Specialist Finance Director Chief Financial Officer Senior Accountant Accountant Financial Services Technician Procurement Administrator Procurement Officer Benefits and Payroll Specialist Accounting Clerk Customer Service Representative II 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.50 1.00 1.00 2.00 1.00 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.50 1.00 1.00 2.00 1.00 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.50 1.00 1.00 1.00 2.00 1.00 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.74 1.00 1.00 1.00 2.00 1.00 0.50 1.00 Authorized FTE 15.00 15.00 16.00 16.24 1.00 1.00 0.50 1.00 0.63 1.00 1.00 1.30 1.00 1.00 3.00 1.00 1.00 0.50 1.00 0.63 1.00 1.00 1.30 1.00 1.00 3.00 1.00 1.00 0.50 1.00 1.00 1.00 1.00 0.50 1.00 1.00 3.00 1.00 1.00 0.50 1.00 1.00 1.00 1.00 1.00 0.50 1.00 1.00 3.00 Position Title Municipal Court Administration Town Manager Deputy Town Manager/Administrative Services Dir. Public Works Public Works Director Civil Engineering Inspector Executive Assistant Town Engineer Assistant Town Engineer Facilities Supervisor Facilities/Environmental Supervisor Senior Facilities Maintenance Tech Facilities Maintenance Tech Custodian Streets Superintendent Fleet Mechanic/Open Space-Landscape Spec Senior Maintenance Technician Street Maintenance Technician Town of Fountain Hills | Budget Book 2023 Page 276 Authorized FTE 12.43 12.43 12.00 13.00 Development Services Director Executive Assistant Senior Planner GIS Technician/CAD Operator Senior Code Enforcement Officer Code Enforcement Officer Chief Building Official/Plans Examiner Senior Building Inspector Building Permit Technician 1.00 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.50 1.00 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.50 1.00 0.50 1.00 1.00 1.00 1.00 1.00 1.00 1.50 1.00 0.50 1.00 1.00 1.00 1.50 1.00 1.00 2.00 Authorized FTE 9.00 9.00 9.00 10.00 Development Services Community Services Community Services Director Deputy Town Manager/Community Services Dir. Recreation Manager Recreation Program Coordinator Senior Recreation Program Coordinator Executive Assistant Parks Superintendent Park Operations Lead Lead Park Attendant Park Attendant Groundskeeper II Customer Service Representative II Community Center Manager Operations Coordinator - Community Center Operations Support Worker Lead Operations Support Worker Senior Services Supervisor Community Center Program Coordinator Senior Services Activities Coordinator Community Center Assistant Volunteer Coordinator 1.00 1.00 1.00 1.00 2.00 1.00 1.00 4.00 0.49 1.96 0.88 1.00 1.00 0.37 1.28 1.00 1.78 1.00 1.00 2.00 1.00 1.00 4.00 0.49 1.96 1.00 1.13 1.00 1.00 0.37 1.28 1.00 1.78 1.00 1.00 2.00 1.00 1.00 4.00 1.00 1.96 2.00 1.63 1.00 1.00 0.37 1.28 1.00 1.78 1.00 1.00 1.00 1.00 1.00 1.00 1.00 4.00 1.00 1.96 2.00 1.63 1.00 1.00 0.37 1.28 1.00 2.28 1.00 Authorized FTE 20.76 22.01 24.02 24.52 Total Authorized FTE 60.82 62.07 64.65 68.39 Town of Fountain Hills | Budget Book 2023 Page 277 Pay Plan - Effective 7/1/2022 Exempt Positions Position Title MinimumMaximum Deputy Town Manager/Administrative Services Director $ 130,586 $ 186,738 Deputy Town Manager/Community Services Director 130,586 186,738 Chief Financial Officer 130,586 186,738 Public Works Director 122,046 174,526 Development Services Director 122,046 174,526 Town Clerk 114,062 163,109 Economic Development Director 114,062 163,109 Chief Technology Administrator 108,515 155,176 Town Engineer 106,963 152,957 Community Relations Director 106,963 152,957 Assistant Town Engineer 90,923 130,020 Court Administrator 89,324 127,733 Chief Building Official/Plans Examiner 79,017 112,994 Recreation Manager 78,057 111,622 Parks Superintendent 78,057 111,622 Community Center Manager 78,057 111,622 Senior Accountant 78,057 111,622 Procurement Administrator 78,057 111,622 Streets Superintendent 77,359 110,623 Senior Planner 77,042 110,170 Facilities Supervisor 67,395 96,375 Senior Recreation Program Coordinator 65,532 93,711 Events and Operations Supervisor 65,532 93,711 Executive Assistant to Town Manager/Council 64,813 92,683 Civil Plans Examiner 64,648 92,447 Management Analyst 64,648 92,447 Accountant 59,826 85,551 Court Operations Coordinator 59,826 85,551 Community Center Program Coordinator 59,826 85,551 Operations Coordinator - Community Center 59,826 85,551 Recreation Program Coordinator 59,826 85,551 Senior Code Enforcement Officer 59,826 85,551 Volunteer Coordinator 59,826 85,551 Non-Exempt Positions Position Title Senior Building Inspector Town of Fountain Hills | Budget Book 2023 MinimumMaximum $32.01 $45.77 Page 278 Information Technology Support Specialist GIS Technician/CAD Operator Civil Engineer Inspector Benefits and Payroll Specialist Executive Assistant Code Enforcement Officer Senior Maintenance Technician Senior Facilities Maintenance Technician Park Operations Lead Facilities Maintenance Technician Building Permit Technician Senior Court Clerk Street Maintenance Technician Court Clerk Financial Services Technician Groundskeeper II Customer Service Representative II Community Center Assistant Lead Park Attendant Lead Operations Support Worker Customer Service Representative I Operations Support Worker Park Attendant Custodian Town of Fountain Hills | Budget Book 2023 31.29 30.54 28.01 26.28 24.89 24.89 24.28 24.28 24.28 22.46 21.87 21.31 21.31 20.36 20.36 20.36 19.72 19.28 19.28 19.28 17.57 17.16 17.16 15.86 44.74 43.67 40.05 37.58 35.59 35.59 34.72 34.72 34.72 32.12 31.27 30.47 30.47 29.11 29.11 29.11 28.20 27.57 27.57 27.57 25.13 24.54 24.54 22.68 Page 279 Budget Resolution Town of Fountain Hills | Budget Book 2023 Page 280 The full text of Resolution 2022-19 can be accessed by clicking here . Town of Fountain Hills | Budget Book 2023 Page 281 Acronyms ABC-American Base Course GFOA-Government Finance Officers Association AC-Asphaltic Concrete GIS-Geographical Information System ACA-Arizona Commerce Authority GO-General Obligation ACMA-Arizona City Manager’s Association GPEC-Greater Phoenix Economic Council ADA-Americans with Disabilities Act HDM-Home Delivered Meals ADEQ-Arizona Department of Environmental Quality HPE-Hillside Protection Easement ADOG-Association of Dog Owners Group HURF-Highway User Revenue Fund ADOT-Arizona Department of Transportation HVAC-Heating, Cooling, and Air Conditioning ADWR-Arizona Department of Water Resources ICMA-International City/County Management Association AGIC-Arizona Geographic Information Council ICSC-International Council of Shopping Centers AICP-American Institute of Certified Planners ID-Improvement District AOC-Administrative Office of the Courts IFEA-International Festivals & Events Association APA-American Planning Association IGA-Intergovernmental Agreement APRA-American Parks & Recreation Association IIP-Infrastructure Improvement Plan APWA-American Public Works Association ISO-International Standards Organization ARRA-American Recovery and Reinvestment Act of 2009 IT-Information Technology ARS-Arizona Revised Statutes ITS-Intelligent Transportation System ASCE-American Society of Civil Engineers JCEF-Judicial Court Enhancement Fund AZBO-Arizona Building Officials ln. ft.-Lineal (Linear) Feet AZDOR-Arizona Department of Revenue LTAP-Local Technical Assistance Program AZDOT-Arizona Department of Transportation LTAF-Local Transportation Assistance Fund AZ POST-Arizona Peace Officer Standards and Training Board MAG-Maricopa Association of Governments BGC-Boys and Girls Club BRE-Business Retention and Expansion BVAC-Business Vitality Advisory Council CAD-Computer-Aided Design CAFR-Comprehensive Annual Financial Report CARE-Crisis Activated Response Effort CCEF-Court Collection Enhancement fund Town of Fountain Hills | Budget Book 2023 MCFCD-Maricopa County Flood Control District MCSO-Maricopa County Sheriff’s Office MH-Manhole MHz-Megahertz MPC-Municipal Property Corporation MSRB-Municipal Securities Rulemaking Board NACSLB-National Advisory Council on State and Local Budgeting Page 282 CELA-Code Enforcement League of Arizona NRPA-National Recreation and Park Association CFD-Community Facilities District PC-Portland Cement CIP-Capital Improvement Program PUD-Planned Unit Developments CMAQ-Congestion Mitigation and Air Quality PTO-Parent Teacher Organization cu. yd.-Cubic Yard RFP-Request for Proposal EMCFD-Eagle Mountain Community Facilities District RFQ-Request for Quotation EMMA-Electronic Municipal Market Access RPM-Reflective Pavement Marker EOC-Emergency Operations Center RPTA-Regional Public Transit Agency EPIC-TBI-Excellence in Prehospital Care-Traumatic Brain Injury SEC-Securities and Exchange Commission FEMA-Federal Emergency Management Administration FHUSD-Fountain Hills Unified School District FIT-Fountain Hills Integrated Trails FTE-Full Time Equivalent FY-Fiscal Year GAAP-Generally Accepted Accounting Principles GADA-Greater Arizona Development Authority GASB-Governmental Accounting Standards Board Town of Fountain Hills | Budget Book 2023 sq. ft.-Square Feet sq. yd.-Square Yard SR-State Route STORM-Stormwater Outreach for Regional Municipalities SWOT-Strengths, Weaknesses, Opportunities, Threats V-Volt VHF-Very High Frequency VOIP-Voice Over Internet Protocol VRF-Vehicle Replacement Fund Page 283 APPENDIX Town of Fountain Hills | Budget Book 2023 Page 284 PUBLIC WORKS REQUESTS Town of Fountain Hills | Budget Book 2023 Page 285 This requests information is generated from , Adopted Version. Brantley Detention Basin Overview Submitted By Justin Weldy, Public Works Director Request Owner Justin Weldy, Public Works Director Est. Start Date 07/01/2020 Est. Completion Date 06/30/2024 Department Public Works Type Capital Improvement Project Number D6059 Description New Storm Water Detention Basin. Details Location Type of Project New Drainage Infrastructure Strategic Initiative Improve public health, well-being, and safety of our community Benefit to Community This project will collect and temporarily store storm water runoff to minimize downstream flooding on neighborhood streets. Town of Fountain Hills | Budget Book 2023 Page 286 Capital Cost Total To Date $5,000 FY2023 Budget Total Budget (all years) $450,000 $450K Capital Cost by Year (Adopted) Project Total $455K Capital Cost for Budgeted Years (Adopted) 2023 $450,000.00 $0 $120K $240K Design $360K Land/Right-of-way Design (22%) $100,000.00 Land/Right-of-way (78%) $350,000.00 TOTAL $450,000.00 Capital Cost Breakdown Capital Cost To Date Design Engineering Town of Fountain Hills | Budget Book 2023 Total $100,000 $100,000 $5,000 Land/Right-of-way Total FY2023 $5,000 $5,000 $350,000 $350,000 $450,000 $455,000 Page 287 Funding Sources FY2023 Budget Total Budget (all years) $450,000 $450K Project Total $450K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $450,000.00 $0 $120K $240K $360K Capital Project Fund (600) Capital Project Fund (600) (100%)$450,000.00 TOTAL $450,000.00 Funding Sources Breakdown Funding Sources FY2023 Total Capital Project Fund (600) $450,000 $450,000 Total $450,000 $450,000 Town of Fountain Hills | Budget Book 2023 Page 288 Operational Costs Total Budget (all years) $7.5K Project Total $7.5K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2024 $2,500.00 2025 $2,500.00 2026 $2,500.00 $0 $600 $1.2K $1.8K $2.4K Other Impact Other Impact (100%) TOTAL $7,500.00 $7,500.00 Operational Costs Breakdown Operational Costs FY2024 FY2025 FY2026 Total Other Impact $2,500 $2,500 $2,500 $7,500 Total $2,500 $2,500 $2,500 $7,500 Town of Fountain Hills | Budget Book 2023 Page 289 This requests information is generated from , Adopted Version. Community Center Renovations Phase II Overview Submitted By David Pock Request Owner Justin Weldy, Public Works Director Est. Start Date 07/01/2022 Est. Completion Date 06/30/2024 Department Public Works Type Capital Improvement Project Number F4037 Description This phase of the Community Center Renovation will address issues discovered during Phase I of the project. During the initial phase of renovations, a drainage issue was discovered at the exterior walls and doors of the building. This phase of the project will address these drainage issues, and the exterior wall bases will be modified to change the direction of water flow, to drain away from the building. Work will also include the replacement of an interior wall and replace it with a collapsible wall, to add flexibility for Town programs. The Council-adopted Community Services Strategic Plan identifies the need to enhance facility utilization to promote a sense of community. Details Type of Project Improvement Strategic Initiative Maintain current infrastructure and prepare for emerging trends Town of Fountain Hills | Budget Book 2023 Page 290 Capital Cost FY2023 Budget $275,000 Total Budget (all years) $550K Project Total $550K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $275,000.00 2024 $275,000.00 $0 $80K $160K $240K Construction Construction (100%) $550,000.00 TOTAL $550,000.00 Capital Cost Breakdown Capital Cost FY2023 FY2024 Total Construction $275,000 $275,000 $550,000 Total $275,000 $275,000 $550,000 Town of Fountain Hills | Budget Book 2023 Page 291 Funding Sources FY2023 Budget Total Budget (all years) $275,000 $550K Project Total $550K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $275,000.00 2024 $275,000.00 $0 $80K $160K $240K Capital Project Fund (600) Capital Project Fund (600) (100%)$550,000.00 TOTAL $550,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 Total Capital Project Fund (600) $275,000 $275,000 $550,000 Total $275,000 $275,000 $550,000 Town of Fountain Hills | Budget Book 2023 Page 292 This requests information is generated from , Adopted Version. Fountain Hills Area Drainage Master Planning and Design Overview Submitted By David Pock Request Owner Justin Weldy, Public Works Director Est. Start Date 07/01/2022 Est. Completion Date 06/30/2024 Department Public Works Type Capital Improvement Project Number D6061 Description The Flood Control District of Maricopa County has initiated an Area Drainage Master Study/Plan (ADMS/P) for the Town of Fountain Hills. the firm of Black and Veatch was selected to complete the master plan. This project is currently underway, with the first step in the process being data collection, field reconnaissance and base model development. Town staff is coordinating with Black and Veatch to provide the necessary data for this process. Following the development of the FLO-2D base model, which will include walls, levees, dams, washes and all hydraulic structures, the Town's drainage systems will be analyzed during 100-year and 500-year storm events, including sediment transport analysis. The study will identify flooding and high-hazard areas town-wide that need to be addressed. Once projects are identified, the Town anticipates applying for grant funding for design and construction, and these funds will be used as match funds towards these future projects. Images Details Type of Project Drainage Improvement Strategic Initiative Maintain current infrastructure and prepare for emerging trends Town of Fountain Hills | Budget Book 2023 Page 293 Capital Cost FY2023 Budget $150,000 Total Budget (all years) $150K Project Total $150K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $150,000.00 $0 $40K $80K $120K Planning Planning (100%) TOTAL $150,000.00 $150,000.00 Capital Cost Breakdown Capital Cost FY2023 Total Planning $150,000 $150,000 Total $150,000 $150,000 Town of Fountain Hills | Budget Book 2023 Page 294 Funding Sources FY2023 Budget Total Budget (all years) $150,000 $150K Project Total $150K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $150,000.00 $0 $40K $80K $120K Capital Project Fund (600) Capital Project Fund (600) (100%)$150,000.00 TOTAL $150,000.00 Funding Sources Breakdown Funding Sources FY2023 Total Capital Project Fund (600) $150,000 $150,000 Total $150,000 $150,000 Town of Fountain Hills | Budget Book 2023 Page 295 This requests information is generated from , Adopted Version. Golden Eagle Impoundment Area Improvements Overview Submitted By Justin Weldy, Public Works Director Request Owner Justin Weldy, Public Works Director Est. Start Date 09/13/2018 Est. Completion Date 06/30/2026 Department Public Works Type Capital Improvement Project Number D6057 Description Drainage channel improvements. Modify trash racks on Golden Eagle dam inlets. Construct floodwalls, sediment drop basins, grouted riprap, irrigation & electrical relocation, walking path reconstruction and retaining wall construction. Details Location Type of Project Drainage Improvement Strategic Initiative Long-term financial stability of community infrastructure, environmental, and social resources Supplemental Attachments  Scope and fee(/resource/cleargov-prod/projects/documents/4deb1a42e11cbf9f4209.pdf) Benefit to Community Golden Eagle impoundment area receives storm runoff from three washes, Ashbrook wash, Bristol wash and Cloudburst wash. The 100-year storm rainfall intensity values have increased in the northeastern area of Maricopa County. Runoff values have increased, due to increased upstream development. Runoff time of concentration has accelerated, due to increased upstream development. The net change as a result of noted changes above have increased the amount of flow entering the impoundment area (this includes the park improvement areas ball fields, picnic Ramada area ect) and requires major modifications to the drainage courses. Town of Fountain Hills | Budget Book 2023 Page 296 Capital Cost FY2023 Budget $1,500,000 Total Budget (all years) $1.5M Project Total $1.5M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $1,500,000.00 $0 $400K $800K $1.2M Construction Construction (100%) TOTAL $1,500,000.00 $1,500,000.00 Capital Cost Breakdown Capital Cost FY2023 Total Construction $1,500,000 $1,500,000 Total $1,500,000 $1,500,000 Town of Fountain Hills | Budget Book 2023 Page 297 Funding Sources FY2023 Budget $1,500,000 Total Budget (all years) $1.5M Project Total $1.5M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $1,500,000.00 $0 $400K $800K $1.2M Capital Project Fund (600) Capital Project Fund (600) (100%)$1,500,000.0 TOTAL $1,500,000.00 Funding Sources Breakdown Funding Sources FY2023 Total Capital Project Fund (600) $1,500,000 $1,500,000 Total $1,500,000 $1,500,000 Town of Fountain Hills | Budget Book 2023 Page 298 Operational Costs Total Budget (all years) $80K Project Total $80K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2026 $40,000.00 2027 $40,000.00 $0 $10K $20K $30K $40K Other Impact Other Impact (100%) $80,000.00 TOTAL $80,000.00 Operational Costs Breakdown Operational Costs FY2026 FY2027 Total Other Impact $40,000 $40,000 $80,000 Total $40,000 $40,000 $80,000 Town of Fountain Hills | Budget Book 2023 Page 299 This requests information is generated from , Adopted Version. Miscellaneous Drainage Improvements Overview Submitted By Justin Weldy, Public Works Director Request Owner Justin Weldy, Public Works Director Est. Start Date 07/01/2022 Est. Completion Date 06/30/2027 Department Public Works Type Capital Improvement Project Number D6047 Description This project will provide for the construction of new drainage facilities, major repairs, or the extension of existing facilities at locations of future road widening projects so that excess excavated materials may be put in place when available. Images Details Type of Project Drainage Improvement Strategic Initiative Long-term financial stability of community infrastructure, environmental, and social resources Benefit to Community The Town has worked successfully with municipal, private and utility construction contractors in the past to place excess excavation materials at locations where future Town road widening projects will require fill material. This work is done at no cost to the Town and will save on the costs to fill and compact these areas in the future. The locations where the excess materials can be placed are now limited without constructing or extending drainage culverts. Re-vegetation is also required in the areas where fill materials are placed to help with erosion and aesthetics. Town of Fountain Hills | Budget Book 2023 Page 300 Capital Cost FY2023 Budget $50,000 Total Budget (all years) Project Total $250K $250K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $50,000.00 2024 $50,000.00 2025 $50,000.00 2026 $50,000.00 2027 $50,000.00 $0 $12K $24K $36K $48K Construction (100%) Construction TOTAL $250,000.00 $250,000.00 Capital Cost Breakdown Capital Cost FY2023 FY2024 FY2025 FY2026 FY2027 Total Construction $50,000 $50,000 $50,000 $50,000 $50,000 $250,000 Total $50,000 $50,000 $50,000 $50,000 $50,000 $250,000 Town of Fountain Hills | Budget Book 2023 Page 301 Funding Sources FY2023 Budget Total Budget (all years) $50,000 Project Total $250K $250K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $50,000.00 2024 $50,000.00 2025 $50,000.00 2026 $50,000.00 2027 $50,000.00 $0 $12K $24K $36K $48K Capital Project Fund (600) (100%)$250,000.00 Capital Project Fund (600) TOTAL $250,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 FY2025 FY2026 FY2027 Total Capital Project Fund (600) $50,000 $50,000 $50,000 $50,000 $50,000 $250,000 Total $50,000 $50,000 $50,000 $50,000 $50,000 $250,000 Town of Fountain Hills | Budget Book 2023 Page 302 This requests information is generated from , Adopted Version. Palisades & La Montana Intersection Improvements Overview Submitted By Justin Weldy, Public Works Director Request Owner David Janover, Town Engineer Est. Start Date 07/01/2022 Est. Completion Date 06/30/2027 Department Public Works Type Capital Improvement Project Number S6074 Description An Intersection Analysis will need to be completed at this location. The intersection is currently stop controlled on all four approaches, east and west bound Palisades and north and south bound La Montana. This project will include the design and construction of intersection improvements to enhance safety for vehicles, pedestrians and bicyclists. The analysis will determine the nature of the improvements, which may include either a traffic signal or roundabout, It is anticipated that this project will qualify for Federal grant funding through the 2021 Infrastructure Bill. Details Location Type of Project Other Strategic Initiative Maintain current infrastructure and prepare for emerging trends Benefit to Community Numerous crashes have occurred at this intersection, and this project will implement the recommended solution from the Intersection Traffic Analysis to improve overall safety at this location. Town of Fountain Hills | Budget Book 2023 Page 303 Capital Cost FY2023 Budget $150,000 Total Budget (all years) $1.65M Project Total $1.65M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $150,000.00 2024 $1,500,000.00 $0 $400K $800K Construction $1.2M Design Construction (91%) $1,500,000.00 Design (9%) $150,000.00 TOTAL $1,650,000.00 Capital Cost Breakdown Capital Cost FY2023 Design $150,000 Construction Total $150,000 Town of Fountain Hills | Budget Book 2023 FY2024 Total $150,000 $1,500,000 $1,500,000 $1,500,000 $1,650,000 Page 304 Funding Sources FY2023 Budget Total Budget (all years) $150,000 $1.65M Project Total $1.65M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $150,000.00 2024 $1,500,000.00 $0 $400K $800K $1.2M Capital Project Fund (600) Capital Project Fund (600) (100%)$1,650,000.0 TOTAL $1,650,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 Total Capital Project Fund (600) $150,000 $1,500,000 $1,650,000 Total $150,000 $1,500,000 $1,650,000 Town of Fountain Hills | Budget Book 2023 Page 305 Operational Costs Total Budget (all years) $3K Project Total $3K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2025 $1,000.00 2026 $1,000.00 2027 $1,000.00 $0 $250 $500 $750 $1K Other Impact Other Impact (100%) TOTAL $3,000.00 $3,000.00 Operational Costs Breakdown Operational Costs FY2025 FY2026 FY2027 Total Other Impact $1,000 $1,000 $1,000 $3,000 Total $1,000 $1,000 $1,000 $3,000 Town of Fountain Hills | Budget Book 2023 Page 306 This requests information is generated from , Adopted Version. Pedestrian Access & Lake Overlook Overview Submitted By Justin Weldy, Public Works Director Request Owner David Janover, Town Engineer Est. Start Date 02/01/2022 Est. Completion Date 06/30/2023 Department Public Works Type Capital Improvement Project Number P3026 Description Construct a Pedestrian Access overlook area on the west side of Fountain Park across from Avenue of the Fountains. Details Location Type of Project New Construction Strategic Initiative Improve public health, well-being, and safety of our community Benefit to Community This project will construct an overlook area to provide further opportunities to view and enjoy Fountain Park, helping to facilitate a further connection between the Avenue of the Fountains and Fountain Park. It will provide users of all abilities with a more direct route to the lake perimeter path from the Avenue, providing a connection into the park. Town of Fountain Hills | Budget Book 2023 Page 307 Capital Cost FY2023 Budget $131,800 Total Budget (all years) $1.632M Project Total $1.632M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $131,800.00 2024 $1,500,000.00 $0 $400K $800K Construction $1.2M Engineering Construction (92%) $1,500,000.00 Engineering (8%) $131,800.00 TOTAL $1,631,800.00 Capital Cost Breakdown Capital Cost FY2023 Engineering $131,800 Construction Total $131,800 Town of Fountain Hills | Budget Book 2023 FY2024 Total $131,800 $1,500,000 $1,500,000 $1,500,000 $1,631,800 Page 308 Funding Sources FY2023 Budget Total Budget (all years) $131,800 $1.632M Project Total $1.632M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $131,800.00 2024 $1,500,000.00 $0 $400K $800K $1.2M Capital Project Fund (600) Capital Project Fund (600) (100%)$1,631,800.00 TOTAL $1,631,800.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 Total Capital Project Fund (600) $131,800 $1,500,000 $1,631,800 Total $131,800 $1,500,000 $1,631,800 Town of Fountain Hills | Budget Book 2023 Page 309 This requests information is generated from , Adopted Version. Phase II Panorama Drive Storm Drain Improvements Overview Submitted By Justin Weldy, Public Works Director Request Owner Justin Weldy, Public Works Director Est. Start Date 01/01/2020 Est. Completion Date 06/30/2023 Department Public Works Type Capital Improvement Project Number D6058 Description Engineering Design and construction for drainage improvements to the lower segment of Panorama Wash. The Panorama Drain outfalls near El Lago Blvd into Panorama Wash, which converges with Colony Wash and has created ponding issues for several years. Details Location Type of Project Drainage Improvement Strategic Initiative Improve public health, well-being, and safety of our community Benefit to Community The lower segment of the Panorama wash has had standing stagnate water issues for many years resulting in insect and foul odor complaints. To minimize the negative effects of this the Town installed and maintains a pump back system is this area. However, there is an area between the outfall and the pump that continues to be problematic. Town of Fountain Hills | Budget Book 2023 Page 310 Capital Cost FY2023 Budget $1,025,000 Total Budget (all years) $1.45M Project Total $1.45M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $1,025,000.00 2024 $425,000.00 $0 $250K $500K $750K $1M Construction Construction (100%) $1,450,000.00 TOTAL $1,450,000.00 Capital Cost Breakdown Capital Cost FY2023 FY2024 Total Construction $1,025,000 $425,000 $1,450,000 Total $1,025,000 $425,000 $1,450,000 Town of Fountain Hills | Budget Book 2023 Page 311 Funding Sources FY2023 Budget $1,025,000 Total Budget (all years) $1.45M Project Total $1.45M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $1,025,000.00 2024 $425,000.00 $0 $250K $500K $750K $1M Capital Project Fund (600) Capital Project Fund (600) (100%)$1,450,000.0 TOTAL $1,450,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 Total Capital Project Fund (600) $1,025,000 $425,000 $1,450,000 Total $1,025,000 $425,000 $1,450,000 Town of Fountain Hills | Budget Book 2023 Page 312 Operational Costs Total Budget (all years) $7.5K Project Total $7.5K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2024 $2,500.00 2025 $2,500.00 2026 $2,500.00 $0 $600 $1.2K $1.8K $2.4K Other Impact Other Impact (100%) TOTAL $7,500.00 $7,500.00 Operational Costs Breakdown Operational Costs FY2024 FY2025 FY2026 Total Other Impact $2,500 $2,500 $2,500 $7,500 Total $2,500 $2,500 $2,500 $7,500 Town of Fountain Hills | Budget Book 2023 Page 313 This requests information is generated from , Adopted Version. Saguaro & La Montana Intersection Improvements Overview Submitted By Justin Weldy, Public Works Director Request Owner David Janover, Town Engineer Est. Start Date 07/01/2022 Est. Completion Date 06/30/2027 Department Public Works Type Capital Improvement Project Number S6070 Description An Intersection Analysis is currently underway for Saguaro Blvd and La Montana Blvd. The intersection is currently stop controlled on the La Montana Blvd approaches. This project will include the design and construction of intersection improvements to enhance safety for vehicles, pedestrians and bicyclists. The analysis will determine the nature of the improvements, which may include either a traffic signal or roundabout, It is anticipated that this project will qualify for Federal grant funding through the 2021 Infrastructure Bill. Details Location Type of Project Other Strategic Initiative Improve public health, well-being, and safety of our community Benefit to Community Numerous crashes have occurred at this intersection, and this project will implement the recommended solution from the Intersection Traffic Analysis to improve overall safety at this location. Town of Fountain Hills | Budget Book 2023 Page 314 Capital Cost FY2023 Budget $150,000 Total Budget (all years) $1.65M Project Total $1.65M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $150,000.00 2024 $1,500,000.00 $0 $400K $800K Construction $1.2M Design Construction (91%) $1,500,000.00 Design (9%) $150,000.00 TOTAL $1,650,000.00 Capital Cost Breakdown Capital Cost FY2023 Design $150,000 Construction Total $150,000 Town of Fountain Hills | Budget Book 2023 FY2024 Total $150,000 $1,500,000 $1,500,000 $1,500,000 $1,650,000 Page 315 Funding Sources FY2023 Budget Total Budget (all years) $150,000 $1.65M Project Total $1.65M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $150,000.00 2024 $1,500,000.00 $0 $400K $800K $1.2M Capital Project Fund (600) Capital Project Fund (600) (100%)$1,650,000.0 TOTAL $1,650,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 Total Capital Project Fund (600) $150,000 $1,500,000 $1,650,000 Total $150,000 $1,500,000 $1,650,000 Town of Fountain Hills | Budget Book 2023 Page 316 Operational Costs Total Budget (all years) $3K Project Total $3K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2025 $1,000.00 2026 $1,000.00 2027 $1,000.00 $0 $250 $500 $750 $1K Other Impact Other Impact (100%) TOTAL $3,000.00 $3,000.00 Operational Costs Breakdown Operational Costs FY2025 FY2026 FY2027 Total Other Impact $1,000 $1,000 $1,000 $3,000 Total $1,000 $1,000 $1,000 $3,000 Town of Fountain Hills | Budget Book 2023 Page 317 This requests information is generated from , Adopted Version. Saguaro and Avenue of the Fountains Roundabout Overview Submitted By Justin Weldy, Public Works Director Request Owner David Janover, Town Engineer Est. Start Date 02/01/2022 Est. Completion Date 06/30/2023 Department Public Works Type Capital Improvement Project Number S6069 Description Construct a Roundabout to improve Traffic/pedestrian Safety. Details Location Type of Project Other Strategic Initiative Improve public health, well-being, and safety of our community Benefit to Community Traffic, bike, and pedestrian movements at the Saguaro and Avenue of the Fountains intersection have been identified as a Council priority. This project will improve intersection traffic operations by constructing a Roundabout. Town of Fountain Hills | Budget Book 2023 Page 318 Capital Cost FY2023 Budget $260,600 Total Budget (all years) $1.761M Project Total $1.761M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $260,600.00 2024 $1,500,000.00 $0 $400K $800K Construction $1.2M Design Construction (85%) $1,500,000.00 Design (15%) $260,600.00 TOTAL $1,760,600.00 Capital Cost Breakdown Capital Cost FY2023 Design $260,600 Construction Total $260,600 Town of Fountain Hills | Budget Book 2023 FY2024 Total $260,600 $1,500,000 $1,500,000 $1,500,000 $1,760,600 Page 319 Funding Sources FY2023 Budget Total Budget (all years) $260,600 $1.761M Project Total $1.761M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $260,600.00 2024 $1,500,000.00 $0 $400K $800K $1.2M Capital Project Fund (600) Capital Project Fund (600) (100%)$1,760,600.0 TOTAL $1,760,600.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 Total Capital Project Fund (600) $260,600 $1,500,000 $1,760,600 Total $260,600 $1,500,000 $1,760,600 Town of Fountain Hills | Budget Book 2023 Page 320 This requests information is generated from , Adopted Version. Shea Boulevard Widening - Palisades Boulevard to Technology Drive Overview Submitted By Justin Weldy, Public Works Director Request Owner Justin Weldy, Public Works Director Est. Start Date 07/01/2019 Est. Completion Date 06/01/2023 Department Public Works Type Capital Improvement Project Number S6058 Description Roadway Design. This segment will complete west bound Shea, Palisades to Fountain Hills Blvd. The ultimate buildout when completed will widen Shea Boulevard to six lanes Details Location Type of Project New Road Strategic Initiative Long-term financial stability of community infrastructure, environmental, and social resources Benefit to Community Shea Boulevard is a road of regional significance and has an average daily traffic volume of 34,600 vehicles at Palisades Boulevard. This project is a MAG Proposition 400 project that will provide for 70% of the project funding with a 30% match from the Town. The design of this segment will complete west bound Shea, Palisades to Fountain Hills Blvd. Town of Fountain Hills | Budget Book 2023 Page 321 Capital Cost FY2023 Budget $100,000 Total Budget (all years) $1.78M Project Total $1.78M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $100,000.00 2024 $1,680,000.00 $0 $500K $1M $1.5M Construction Construction (100%) $1,780,000.00 TOTAL $1,780,000.00 Capital Cost Breakdown Capital Cost FY2023 FY2024 Total Construction $100,000 $1,680,000 $1,780,000 Total $100,000 $1,680,000 $1,780,000 Town of Fountain Hills | Budget Book 2023 Page 322 Funding Sources FY2023 Budget Total Budget (all years) $100,000 $1.78M Project Total $1.78M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $100,000.00 2024 $1,680,000.00 $0 $500K $1M $1.5M Capital Project Fund (600) Capital Project Fund (600) (100%)$1,780,000.0 TOTAL $1,780,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 Total Capital Project Fund (600) $100,000 $1,680,000 $1,780,000 Total $100,000 $1,680,000 $1,780,000 Town of Fountain Hills | Budget Book 2023 Page 323 This requests information is generated from , Adopted Version. Sidewalk Infill and Design Overview Submitted By Justin Weldy, Public Works Director Request Owner Justin Weldy, Public Works Director Est. Start Date 07/01/2022 Est. Completion Date 06/30/2027 Department Public Works Type Capital Improvement Project Number S6061 Description This project will provide for the design and construction of infill sidewalk where gaps currently exist throughout the Town. Where necessary, design and construction elements will also include utility coordination and relocation, ADA-compliant ramps and retaining walls, Details Type of Project Other Strategic Initiative Improve public health, well-being, and safety of our community Benefit to Community This project will provide sidewalk where gaps currently exist. The sidewalks will provide connectivity to improve the walkability in the Town and will support the Town's Active Transportation Plan and the 2021 Strategic Plan for creating a walkable community. Town of Fountain Hills | Budget Book 2023 Page 324 Capital Cost FY2023 Budget Total Budget (all years) $300,000 $1.5M Project Total $1.5M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $300,000.00 2024 $300,000.00 2025 $300,000.00 2026 $300,000.00 2027 $300,000.00 $0 $80K $160K Construction $240K Design Construction (67%) $1,000,000.00 Design (33%) $500,000.00 TOTAL $1,500,000.00 Capital Cost Breakdown Capital Cost FY2023 FY2024 FY2025 FY2026 FY2027 Total Design $100,000 $100,000 $100,000 $100,000 $100,000 $500,000 Construction $200,000 $200,000 $200,000 $200,000 $200,000 $1,000,000 Total $300,000 $300,000 $300,000 $300,000 $300,000 $1,500,000 Town of Fountain Hills | Budget Book 2023 Page 325 Funding Sources FY2023 Budget Total Budget (all years) $300,000 $1.5M Project Total $1.5M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $300,000.00 2024 $300,000.00 2025 $300,000.00 2026 $300,000.00 2027 $300,000.00 $0 $80K $160K $240K Capital Project Fund (600) (100%)$1,500,000.0 Capital Project Fund (600) TOTAL $1,500,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 FY2025 FY2026 FY2027 Total Capital Project Fund (600) $300,000 $300,000 $300,000 $300,000 $300,000 $1,500,000 Total $300,000 $300,000 $300,000 $300,000 $300,000 $1,500,000 Town of Fountain Hills | Budget Book 2023 Page 326 This requests information is generated from , Adopted Version. Town Wide Storm Water Infrastructure Rehabilitation Overview Submitted By Justin Weldy, Public Works Director Request Owner Justin Weldy, Public Works Director Est. Start Date 07/01/2020 Est. Completion Date 06/30/2027 Department Public Works Type Capital Improvement Project Number D6060 Description Town wide stormwater Infrastructure Maintenance and repair. Details Type of Project Drainage Improvement Strategic Initiative Improve public health, well-being, and safety of our community Benefit to Community The Town is responsible for the maintenance and repair of a large number of drainage structures including, pipe culverts (corrugated metal and concrete pipe), catch basins, drop inlets and curb openings at drainage parcels. This Project will provide maintenance and repairs to the Town's drainage structures. These drainage structures and pipe culverts are essential components of the Town's storm drain network. They convey large amounts of runoff to our washes thereby mitigating flooding concerns. Many of these large pipe culverts were installed by the County pre-incorporation. Some drainage structures are over 40 years old. Town of Fountain Hills | Budget Book 2023 Page 327 Capital Cost Total To Date $150,000 FY2023 Budget $150,000 Total Budget (all years) $750K Project Total $900K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $150,000.00 2024 $150,000.00 2025 $150,000.00 2026 $150,000.00 2027 $150,000.00 $0 $40K $80K $120K Construction (100%) Construction TOTAL $750,000.00 $750,000.00 Capital Cost Breakdown Capital Cost To Date FY2023 FY2024 FY2025 FY2026 FY2027 Total Construction $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $900,000 Total $150,000 $150,000 $150,000 $150,000 $150,000 $150,000 $900,000 Town of Fountain Hills | Budget Book 2023 Page 328 Funding Sources FY2023 Budget Total Budget (all years) $150,000 $750K Project Total $750K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $150,000.00 2024 $150,000.00 2025 $150,000.00 2026 $150,000.00 2027 $150,000.00 $0 $40K $80K $120K Capital Project Fund (600) (100%)$750,000.00 Capital Project Fund (600) TOTAL $750,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 FY2025 FY2026 FY2027 Total Capital Project Fund (600) $150,000 $150,000 $150,000 $150,000 $150,000 $750,000 Total $150,000 $150,000 $150,000 $150,000 $150,000 $750,000 Town of Fountain Hills | Budget Book 2023 Page 329 This requests information is generated from , Adopted Version. Video Surveillance Cameras Overview Submitted By Justin Weldy, Public Works Director Request Owner David Janover, Town Engineer Est. Start Date 07/01/2022 Est. Completion Date 06/30/2027 Department Public Works Type Capital Improvement Project Number F4040 Description Purchase and installation of video surveillance cameras at various Town parks. Details Type of Project Other Strategic Initiative Improve public health, well-being, and safety of our community Benefit to Community The Town has seen an increase in vandalism at Town Parks. Additional surveillance cameras may deter vandalism or provide video evidence should vandalism occur. Town of Fountain Hills | Budget Book 2023 Page 330 Capital Cost FY2023 Budget $75,000 Total Budget (all years) $375K Project Total $375K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $75,000.00 2024 $75,000.00 2025 $75,000.00 2026 $75,000.00 2027 $75,000.00 $0 $20K $40K Construction $60K Design Construction (93%) $350,000.00 Design (7%) $25,000.00 TOTAL $375,000.00 Capital Cost Breakdown Capital Cost FY2023 FY2024 FY2025 FY2026 FY2027 Total Design $5,000 $5,000 $5,000 $5,000 $5,000 $25,000 Construction $70,000 $70,000 $70,000 $70,000 $70,000 $350,000 Total $75,000 $75,000 $75,000 $75,000 $75,000 $375,000 Town of Fountain Hills | Budget Book 2023 Page 331 Funding Sources FY2023 Budget Total Budget (all years) $75,000 $375K Project Total $375K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $75,000.00 2024 $75,000.00 2025 $75,000.00 2026 $75,000.00 2027 $75,000.00 $0 $20K $40K $60K Capital Project Fund (600) (100%)$375,000.00 Capital Project Fund (600) TOTAL $375,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 FY2025 FY2026 FY2027 Total Capital Project Fund (600) $75,000 $75,000 $75,000 $75,000 $75,000 $375,000 Total $75,000 $75,000 $75,000 $75,000 $75,000 $375,000 Town of Fountain Hills | Budget Book 2023 Page 332 Operational Costs FY2023 Budget Total Budget (all years) $5,000 Project Total $25K $25K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2023 $5,000.00 2024 $5,000.00 2025 $5,000.00 2026 $5,000.00 2027 $5,000.00 $0 $1.2K $2.4K $3.6K $4.8K Services/Supplies (100%) Services/Supplies TOTAL $25,000.00 $25,000.00 Operational Costs Breakdown Operational Costs FY2023 FY2024 FY2025 FY2026 FY2027 Total Services/Supplies $5,000 $5,000 $5,000 $5,000 $5,000 $25,000 Total $5,000 $5,000 $5,000 $5,000 $5,000 $25,000 Town of Fountain Hills | Budget Book 2023 Page 333 This requests information is generated from , Adopted Version. Wayfinding Signs Overview Submitted By Justin Weldy, Public Works Director Request Owner David Janover, Town Engineer Est. Start Date 07/01/2022 Est. Completion Date 06/30/2023 Department Public Works Type Capital Improvement Project Number S6059 Description Provide way-finding signs at strategic locations throughout the Town to help direct visitors to public amenities, parks, lodging and business areas. Details Type of Project Other Strategic Initiative Improve public health, well-being, and safety of our community Benefit to Community Wayfinding is a way for citizens and visitors to easily orient themselves in a geographic area while navigating from place to place. Wayfinding signage is often the first visual representation of our Small community a customer encounters. The signs should be eye-catching, easily serviceable, and easily editable as building occupants and uses change. Whether Town Hall campus, business district, or transit center, wayfinding signage is often the first thing visitors seek out when interacting with your built environment. Town of Fountain Hills | Budget Book 2023 Page 334 Capital Cost Total To Date $15,000 FY2023 Budget Total Budget (all years) $235,000 $235K Project Total $250K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $235,000.00 $0 $60K $120K $180K Construction Construction (100%) $235,000.00 TOTAL $235,000.00 Capital Cost Breakdown Capital Cost To Date FY2023 Total Construction $15,000 $235,000 $250,000 Total $15,000 $235,000 $250,000 Town of Fountain Hills | Budget Book 2023 Page 335 Funding Sources FY2023 Budget Total Budget (all years) $235,000 $235K Project Total $235K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $235,000.00 $0 $60K $120K $180K Capital Project Fund (600) Capital Project Fund (600) (100%)$235,000.00 TOTAL $235,000.00 Funding Sources Breakdown Funding Sources FY2023 Total Capital Project Fund (600) $235,000 $235,000 Total $235,000 $235,000 Town of Fountain Hills | Budget Book 2023 Page 336 Operational Costs Total Budget (all years) $2.5K Project Total $2.5K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2027 $2,500.00 $0 $600 $1.2K $1.8K $2.4K Other Impact Other Impact (100%) $2,500.00 TOTAL $2,500.00 Operational Costs Breakdown Operational Costs FY2027 Total Other Impact $2,500 $2,500 Total $2,500 $2,500 Town of Fountain Hills | Budget Book 2023 Page 337 COMMUNITY SERVICES REQUESTS Town of Fountain Hills | Budget Book 2023 Page 338 This requests information is generated from , Adopted Version. CIP Centennial Pavilion Overview Submitted By Rachael Goodwin, Community Services Director Request Owner Kevin Snipes, Parks Supervisor Est. Start Date 07/01/2022 Est. Completion Date 06/30/2023 Department Community Services Type Capital Improvement Project Number P3053 Description Centennial Circle Pavilion/ Pavilion improvements The Centennial Circle is a large and under-utilized space. This CIP project is designed to make the new pavilion area become a programmable space that can be utilized by multiple departments to host many outdoor events as well as become a revenue generator. This requires moving some of the art pieces within the area, adding lighting, improving landscaping, and adding a large shade structure to make it a more welcoming area during the hot summer months. Existing monument signs recognizing Arizona's centennial, including the "5 C's" as well as art dedications will be renovated as well. Staff is requesting $275,000. Images RENDERING - OVERHEAD RENDERING - 3/4 VIEW RENDERING - SIDE RENDERING - UNDERNEATH SUGGESTED SHADE COLORS SHADE EXAMPLE - MARYVALE HS 5C SIGNS 5C SIGNS Town of Fountain Hills | Budget Book 2023 Page 339 Details Location Type of Project New Construction Strategic Initiative Improve public health, well-being, and safety of our community Capital Cost FY2023 Budget $275,000 Total Budget (all years) $275K Project Total $275K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $275,000.00 $0 $80K $160K $240K Construction Construction (100%) TOTAL $275,000.00 $275,000.00 Capital Cost Breakdown Capital Cost FY2023 Total Construction $275,000 $275,000 Total $275,000 $275,000 Town of Fountain Hills | Budget Book 2023 Page 340 Funding Sources FY2023 Budget Total Budget (all years) $275,000 $275K Project Total $275K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $275,000.00 $0 $80K $160K $240K Capital Project Fund (600) Capital Project Fund (600) (100%)$275,000.00 TOTAL $275,000.00 Funding Sources Breakdown Funding Sources FY2023 Total Capital Project Fund (600) $275,000 $275,000 Total $275,000 $275,000 Town of Fountain Hills | Budget Book 2023 Page 341 Operational Costs FY2023 Budget Total Budget (all years) $1,000 Project Total $5K $5K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2023 $1,000.00 2024 $1,000.00 2025 $1,000.00 2026 $1,000.00 2027 $1,000.00 $0 $250 $500 $750 $1K Other Impact (100%) Other Impact TOTAL $5,000.00 $5,000.00 Operational Costs Breakdown Operational Costs FY2023 FY2024 FY2025 FY2026 FY2027 Total Other Impact $1,000 $1,000 $1,000 $1,000 $1,000 $5,000 Total $1,000 $1,000 $1,000 $1,000 $1,000 $5,000 Town of Fountain Hills | Budget Book 2023 Page 342 This requests information is generated from , Adopted Version. CIP Desert Vista Dog Park Drainage Improvements Overview Submitted By Rachael Goodwin, Community Services Director Request Owner Kevin Snipes, Parks Supervisor Est. Start Date 03/01/2023 Est. Completion Date 04/30/2023 Department Community Services Type Capital Improvement Project Number P3036 Description Improper grading in the lower, east end of the large dog park causes puddles and holds water whenever it rains or there are irrigation issues in the park. The puddles cause issues when the dogs naturally gravitate to them and, as a result, areas become muddy which increases future drainage issues. This project will correct the drainage issues and allow the water to move out of the dog park, eliminating the problem. New soil will be brought in and regraded providing a proper slope to the area to prevent puddling and then the turf will be allowed to regrow or sodded as needed before reopening. Staff will close about a third of the park to complete this project, but both the large and small dog park will remain open during most of the renovation project. Images Dog Park Grading Details Location Type of Project Improvement Strategic Initiative Long-term financial stability of community infrastructure, environmental, and social resources Town of Fountain Hills | Budget Book 2023 Page 343 Capital Cost FY2023 Budget $75,000 Total Budget (all years) $75K Project Total $75K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $75,000.00 $0 $20K $40K Construction $60K Design Construction (93%) $70,000.00 Design (7%) $5,000.00 TOTAL $75,000.00 Capital Cost Breakdown Capital Cost FY2023 Total Design $5,000 $5,000 Construction $70,000 $70,000 Total $75,000 $75,000 Town of Fountain Hills | Budget Book 2023 Page 344 Funding Sources FY2023 Budget Total Budget (all years) $75,000 $75K Project Total $75K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $75,000.00 $0 $20K $40K $60K Capital Project Fund (600) Capital Project Fund (600) (100%) $75,000.00 TOTAL $75,000.00 Funding Sources Breakdown Funding Sources FY2023 Total Capital Project Fund (600) $75,000 $75,000 Total $75,000 $75,000 Town of Fountain Hills | Budget Book 2023 Page 345 This requests information is generated from , Adopted Version. CIP Desert Vista Park Overview Submitted By Rachael Goodwin, Community Services Director Request Owner Kevin Snipes, Parks Supervisor Est. Start Date 07/01/2022 Est. Completion Date 06/30/2023 Department Community Services Type Capital Improvement Project Number P3051 (Skate) P3050 (Turf) P3036 (Improvements) Description Skate/Bike Park remodel and improvements The skate park at Desert Vista has multiple safety concerns due to cracking and chipping concrete. The park will be redesigned with new ramps and features that will extend the footprint to the turf area west of the existing skate/bike park area. Staff is requesting $675,000.00 for this project. DV improvements Desert Vista Park has been in need of improvement for several years. The improvements began with turf renovations and accessibility upgrades, including a crosswalk and walking loop in 2021. The turf project will be the second year of the 2-year improvement plan with a $65,000 request. Due to the increased park use, phasing a multi-year project similar to 4 Peaks Park will greatly improve this park. Staff would begin a multi-year improvement to this park that will include lighting the new section of the walking loop, adding a Ramada to the area near the playground and new mini pitch, completing the sidewalk from the mini pitch to the skate/bike park, and adding a fitness area to the eastern portion of the park. Staff is requesting a total of $400,000 over 2 years to complete this project: $200,000 in 2023 and $200,000 in 2024. Images skate park design issue Fitness Example Details Fitness Example Location Type of Project Improvement Strategic Initiative Improve public health, well-being, and safety of our community Town of Fountain Hills | Budget Book 2023 Page 346 Capital Cost FY2023 Budget Total Budget (all years) $940,000 $1.14M Project Total $1.14M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $940,000.00 2024 $200,000.00 $0 $250K $500K $750K Construction Design Engineering Equipment/Furnishings Construction (89%) $1,015,000.00 Design (2%) $25,000.00 Engineering (2%) $25,000.00 Equipment/Furnishings (7%) $75,000.00 TOTAL $1,140,000.00 Capital Cost Breakdown Capital Cost FY2023 Design $25,000 $25,000 Engineering $25,000 $25,000 Construction $815,000 Equipment/Furnishings $75,000 Total $940,000 Town of Fountain Hills | Budget Book 2023 FY2024 $200,000 Total $1,015,000 $75,000 $200,000 $1,140,000 Page 347 Funding Sources FY2023 Budget Total Budget (all years) $940,000 $1.14M Project Total $1.14M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $940,000.00 2024 $200,000.00 $0 $250K $500K Capital Project Fund (600) $750K Parks Development Fee Fund … Capital Project Fund (600) (76%) $865,000.00 Parks Development Fee Fund (740) (24%)$275 TOTAL $1,140,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 Total Capital Project Fund (600) $665,000 $200,000 $865,000 Parks Development Fee Fund (740) $275,000 Total $940,000 Town of Fountain Hills | Budget Book 2023 $275,000 $200,000 $1,140,000 Page 348 Operational Costs FY2023 Budget Total Budget (all years) $2,500 Project Total $12.5K $12.5K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2023 $2,500.00 2024 $2,500.00 2025 $2,500.00 2026 $2,500.00 2027 $2,500.00 $0 $600 $1.2K $1.8K $2.4K Other Impact (100%) Other Impact TOTAL $12,500.00 $12,500.00 Operational Costs Breakdown Operational Costs FY2023 FY2024 FY2025 FY2026 FY2027 Total Other Impact $2,500 $2,500 $2,500 $2,500 $2,500 $12,500 Total $2,500 $2,500 $2,500 $2,500 $2,500 $12,500 Town of Fountain Hills | Budget Book 2023 Page 349 This requests information is generated from , Adopted Version. CIP Fountain Park Overview Submitted By Rachael Goodwin, Community Services Director Request Owner Kevin Snipes, Parks Supervisor Est. Start Date 07/01/2022 Est. Completion Date 06/30/2023 Department Community Services Type Capital Improvement Project Number P3048 Description Lights for playrounds The playgrounds at Fountain Park have never had lighting. There have been several requests by residents to light them so children can play on them after dark, especially in the summer. This request is for $170,000.00 to light both 2-5 and 5-12 year old playground areas. Repair shade poles The shade poles supporting the shade structures over the playground are leaning and need to be straightened. Inspections indicate they were installed without dry packing and the bases are shifting subgrade. The poles should be able to be straightened by correcting the bolts that support them. This is by far the most economical way to fix this and therefore the first method to try. If this doesn't work then the poles will have to be removed and new footers dug to increase the support for the sails. Staff is requesting $12,500 to straighten poles and an additional $28,500.00 if they cannot be straightened and need to have new footers poured. Images Shade Pole Straightening Details Location Type of Project Improvement Strategic Initiative Maintain current infrastructure and prepare for emerging trends Supplemental Attachments  Shade Pole Straightening Quote(/resource/cleargov prod/projects/documents/3369b4388f472598553c JPG) Town of Fountain Hills | Budget Book 2023 Page 350  Shade Pole Straightening Quote(/resource/cleargov-prod/projects/documents/3369b4388f472598553c.JPG) Capital Cost FY2023 Budget $211,000 Total Budget (all years) $211K Project Total $211K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $211,000.00 $0 $60K $120K $180K Construction Construction (100%) TOTAL $211,000.00 $211,000.00 Capital Cost Breakdown Capital Cost FY2023 Total Construction $211,000 $211,000 Total $211,000 $211,000 Town of Fountain Hills | Budget Book 2023 Page 351 Funding Sources FY2023 Budget Total Budget (all years) $211,000 $211K Project Total $211K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $211,000.00 $0 $60K $120K $180K Capital Project Fund (600) Capital Project Fund (600) (100%) $211,000.00 TOTAL $211,000.00 Funding Sources Breakdown Funding Sources FY2023 Total Capital Project Fund (600) $211,000 $211,000 Total $211,000 $211,000 Town of Fountain Hills | Budget Book 2023 Page 352 Operational Costs FY2023 Budget Total Budget (all years) $1,000 Project Total $5K $5K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2023 $1,000.00 2024 $1,000.00 2025 $1,000.00 2026 $1,000.00 2027 $1,000.00 $0 $250 $500 $750 $1K Services/Supplies (100%) Services/Supplies TOTAL $5,000.00 $5,000.00 Operational Costs Breakdown Operational Costs FY2023 FY2024 FY2025 FY2026 FY2027 Total Services/Supplies $1,000 $1,000 $1,000 $1,000 $1,000 $5,000 Total $1,000 $1,000 $1,000 $1,000 $1,000 $5,000 Town of Fountain Hills | Budget Book 2023 Page 353 This requests information is generated from , Adopted Version. CIP Fountain Park Sidewalk Replacement Overview Submitted By Rachael Goodwin, Community Services Director Request Owner Kevin Snipes, Parks Supervisor Est. Start Date 07/01/2022 Est. Completion Date 06/30/2026 Department Community Services Type Capital Improvement Project Number P3054 Description Sidewalk Replacement Program This CIP project is designed to replace sidewalks in the parks that are creating potential safety issues due to root lifting or slip and fall issues on park sidewalks. Staff is requesting a multi-year program with a total of 400,000 at 100,000 per year for four years. Details Location Type of Project Improvement Strategic Initiative Maintain current infrastructure and prepare for emerging trends Town of Fountain Hills | Budget Book 2023 Page 354 Capital Cost FY2023 Budget Total Budget (all years) $100,000 $400K Project Total $400K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $100,000.00 2024 $100,000.00 2025 $100,000.00 2026 $100,000.00 $0 $25K $50K $75K $100K Construction Construction (100%) TOTAL $400,000.00 $400,000.00 Capital Cost Breakdown Capital Cost FY2023 FY2024 FY2025 FY2026 Total Construction $100,000 $100,000 $100,000 $100,000 $400,000 Total $100,000 $100,000 $100,000 $100,000 $400,000 Town of Fountain Hills | Budget Book 2023 Page 355 Funding Sources FY2023 Budget Total Budget (all years) $100,000 Project Total $400K $400K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $100,000.00 2024 $100,000.00 2025 $100,000.00 2026 $100,000.00 $0 $25K $50K $75K $100K Capital Project Fund (600) Capital Project Fund (600) (100%)$400,000.00 TOTAL $400,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 FY2025 FY2026 Total Capital Project Fund (600) $100,000 $100,000 $100,000 $100,000 $400,000 Total $100,000 $100,000 $100,000 $100,000 $400,000 Town of Fountain Hills | Budget Book 2023 Page 356 This requests information is generated from , Adopted Version. CIP Four Peaks Park Overview Submitted By Rachael Goodwin, Community Services Director Request Owner Kevin Snipes, Parks Supervisor Est. Start Date 07/01/2022 Est. Completion Date 06/30/2023 Department Community Services Type Capital Improvement Project Number P3035 Description Playground Lighting The 2-5 year old playground currently does not have lighting and the lights for the 5-12yr old playground are from the old basketball courts. Staff is recommending retrofitting the basketball poles with new Musco LED lights and putting up new poles for the 2-5 playground so they will both become usable at nighttime and to help minimize vandalism in these areas. Staff is requesting $135,000 for this project Park Improvements This is the fifth year of a five-year renovation of 4 Peaks and staff is requesting $100,000 to complete this project by adding landscaping and granite to multiple areas of the park. Images 4 Peaks Existing Lights Details Location Type of Project Improvement Strategic Initiative Maintain current infrastructure and prepare for emerging trends Town of Fountain Hills | Budget Book 2023 Page 357 Capital Cost FY2023 Budget Total Budget (all years) $235,000 $235K Project Total $235K Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $235,000.00 $0 $60K $120K $180K Construction Construction (100%) TOTAL $235,000.00 $235,000.00 Capital Cost Breakdown Capital Cost FY2023 Total Construction $235,000 $235,000 Total $235,000 $235,000 Town of Fountain Hills | Budget Book 2023 Page 358 Funding Sources FY2023 Budget Total Budget (all years) $235,000 $235K Project Total $235K Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $235,000.00 $0 $60K $120K $180K Capital Project Fund (600) Capital Project Fund (600) (100%)$235,000.00 TOTAL $235,000.00 Funding Sources Breakdown Funding Sources FY2023 Total Capital Project Fund (600) $235,000 $235,000 Total $235,000 $235,000 Town of Fountain Hills | Budget Book 2023 Page 359 Operational Costs FY2023 Budget Total Budget (all years) $1,000 Project Total $5K $5K Operational Costs by Year (Adopted) Operational Costs for Budgeted Years (Adopted) 2023 $1,000.00 2024 $1,000.00 2025 $1,000.00 2026 $1,000.00 2027 $1,000.00 $0 $250 $500 $750 $1K Other Impact (100%) Other Impact TOTAL $5,000.00 $5,000.00 Operational Costs Breakdown Operational Costs FY2023 FY2024 FY2025 FY2026 FY2027 Total Other Impact $1,000 $1,000 $1,000 $1,000 $1,000 $5,000 Total $1,000 $1,000 $1,000 $1,000 $1,000 $5,000 Town of Fountain Hills | Budget Book 2023 Page 360 This requests information is generated from , Adopted Version. CIP Golden Eagle Park Overview Submitted By Rachael Goodwin, Community Services Director Request Owner Kevin Snipes, Parks Supervisor Est. Start Date 07/01/2022 Est. Completion Date 06/30/2023 Department Community Services Type Capital Improvement Project Number P3032 (Lighting) P3052 (Shade) Description Shade around ballfields New shade structures were installed after the flooding of 2018 and this CIP project would complete the shading needed in the remaining ballfield areas. This would add shade structures to field 1 where there currently aren't any, one to the third base side of field 2 and one to the first base side of field 4. Use of the fields at Golden Eagle has substantially increased and has increased revenues accordingly. This would allow for completing the planned shade structures that were not funded in 2018. Staff is requesting $150,000 to complete this CIP project. Ballfield light upgrades The four ballfields within Golden Eagle Park currently use dated, metal halide lights. The fixtures, poles and wiring are more than 20 years old and in need of replacement/upgrade due to failures. This item has been highlighted as a future project within the CIP for the last 5 years. A transition to LED lighting is recommended to be consistent with other park amenities as well as increase the longevity of the fixtures. LED lighting will also reduce glare and light spill, improving the impact on nearby residents, as well reduce operational costs for power use. The resulting cost savings from LED fixtures will offset the investment within the warranty window. New lighting will be warrantied (parts and labor) for 25 years through MUSCO. Staff recommends a Not to Exceed budget of $1.4 million to complete upgrades to all four fields. Images GEP Field 1 Image Details Location Type of Project None Strategic Initiative Improve public health, well-being, and safety of our community Town of Fountain Hills | Budget Book 2023 Page 361 Supplemental Attachments  GEP MUSCO QUOTE(/resource/cleargov-prod/projects/documents/f8e80f48bb53658a7898.pdf) Quote to replace fixtures on poles only. This does not include the rewiring.  ESTIMATED OPERATING COSTS - LIGHTS(/resource/cleargov-prod/projects/documents/bc331fb9095d40944126.pdf) Capital Cost FY2023 Budget $850,000 Total Budget (all years) $1.55M Project Total $1.55M Capital Cost by Year (Adopted) Capital Cost for Budgeted Years (Adopted) 2023 $850,000.00 2024 $700,000.00 $0 $250K $500K $750K Construction Construction (100%) $1,550,000.00 TOTAL $1,550,000.00 Capital Cost Breakdown Capital Cost FY2023 FY2024 Total Construction $850,000 $700,000 $1,550,000 Total $850,000 $700,000 $1,550,000 Town of Fountain Hills | Budget Book 2023 Page 362 Funding Sources FY2023 Budget Total Budget (all years) $850,000 $1.55M Project Total $1.55M Funding Sources by Year (Adopted) Funding Sources for Budgeted Years (Adopted) 2023 $850,000.00 2024 $700,000.00 $0 $250K $500K $750K Capital Project Fund (600) Capital Project Fund (600) (100%)$1,550,000.0 TOTAL $1,550,000.00 Funding Sources Breakdown Funding Sources FY2023 FY2024 Total Capital Project Fund (600) $850,000 $700,000 $1,550,000 Total $850,000 $700,000 $1,550,000 Town of Fountain Hills | Budget Book 2023 Page 363 Glossary Account A separate financial reporting unit for budgeting, management or accounting purposes. All budgetary transactions, whether revenue or expenditure, are recorded in accounts. Several related accounts may be grouped together in a fund. A list of accounts is called a chart of accounts. Accounting Standards The generally accepted accounting principles (GAAP) promulgated by the Governmental Accounting Standards Board (GASB) that guide the recording and reporting of financial information by state and local governments. Accrual Basis of Accounting The basis of accounting under which transactions are recognized at the time they are incurred, as opposed to when cash is received or sent. Expenses are recorded at the time liabilities are incurred and revenues are recorded when earned. Unbilled services are recorded as receivables at year end. Actual vs. Budgeted Difference between the amounts projected (budgeted) in revenues or expenditures at the beginning of the fiscal year and the actual receipts or expenses, which are incurred by the end of the fiscal year. Adopted Budget Used in fund summaries and department and division summaries within the budget document. Represents the annual budget as approved by formal action of the Town Council, which sets the spending limits for the fiscal year. Adoption Formal action by the Town Council, which sets the spending limits for the fiscal year. Ad Valorem Taxes Commonly referred to as property taxes. The charges levied on all real, and certain personal property, according to the property’s assessed value and the tax rate. Used as a source of monies to pay general obligation debt and to support the General Fund. Allocation A part of a lump sum appropriation which is designated for expenditure by specific organization units and/or for special purposes, activities, or subjects. Appropriation Specific amount of monies authorized by the Town Council for the purpose of incurring obligations and acquiring goods and services. An appropriation is limited in amount and time when it may be used unless it is for capital projects such as constructing roads and buildings. Arbitrage The ability to use tax exempt proceeds and, by investing those funds in higher yielding taxable securities, generate a profit to the issuer. Assessed Valuation A value that is established for real and personal property for use as a basis for levying property taxes. Property values are established by the County Assessor and the State as a basis for levying taxes. Asset Resources and property of the Town that can be used or applied to cover liabilities. Alternatively, any owned physical object (tangible) or right (intangible) having a monetary value or an item or source of wealth expressed in terms of any cost benefitting a future period. Attrition A method of achieving a reduction in personnel by not refilling the positions vacated through resignation, reassignment, transfer, or retirement. Audit Report Town of Fountain Hills | Budget Book 2023 Page 364 The report prepared by an auditor covering the audit or investigation of an entity’s financial position for a given period of time, usually a year. As a general rule, the report should include: 1) a statement of the scope of the audit; 2) explanatory comments concerning exceptions from generally accepted auditing standards; 3) opinions; 4) explanatory comments concerning verification procedures; 5) financial statements and schedules; and 6) statistical tables, supplementary comments and recommendations. The auditors signature follows 3). The Town is required to have an annual audit conducted by qualified certified public accountants. Authorized Positions Employee positions which are authorized in the adopted budget. Available (Unassigned) Fund Balance Funds remaining from the prior year which are available for appropriation and expenditure in the current year. Balanced Budget Arizona law (Title 42-Arizona Revised Statutes) requires the Town Council to annually adopt a balanced budget by purpose of public expense. State law defines this balanced budget as “the primary property tax levy, when added together with all other available resources, must equal these expenditures.” The total of proposed expenditures will not exceed the total of estimated revenues and fund balances. Base Budget The ongoing expense for personnel, contractual services, commodities, and the replacement of equipment to maintain service levels previously established by the Town Council. Basis of Accounting Defined by the Government Accounting Standards Board by Fund type as the method of accounting for various activities. The basis is determined when a transaction or event is recognized in the fund’s operating statement.. Beginning Balance The residual funds brought forward from the previous fiscal year (ending balance). Bond A written promise to pay a specified sum of money (called the face value or principal amount) at a specified date or dates in the future (called the maturity dates), and carrying interest at a specified rate, usually paid periodically. The difference between a bond and a note is that a bond is issued for a longer period and requires greater legal formality. Bonds are primarily used to finance capital projects. The most common types of bonds are: General Obligation (GO) Bond: This type of bond is secured by the full faith, credit, and taxing power of the municipality Revenue Bond: This type of bond is secured by the revenues from a specific source such as gas taxes or water revenues. Bond Rating The measure of the quality and safety of a bond. The rating indicates the likelihood that a debt issuer will be able to meet scheduled repayments and dictates the interest rate paid. Bond Refinancing The payoff and re-issuance of bonds to obtain better interest rates and/or bond conditions. Budget A plan of financial operation embodying an estimate of proposed expenditures for a given period and the proposed means of financing them. This official public document reflects decisions, assesses service needs, establishes allocation of resources, and is the monetary plan for achieving Town goals and objectives. Budget Amendment A change of budget appropriation between expenditure accounts that is different from the original adopted budget. Budget amendments do not change the legal spending limit adopted by the Town Council. Budget Calendar The schedule of key dates which a government follows in the preparation and adoption of the budget. Budget Document Town of Fountain Hills | Budget Book 2023 Page 365 The instrument used by the budget-making authority to present a comprehensive financial program to the Town Council. Budget Message The opening section of the budget document which provides the Town Council and the public with a general summary of the most important aspects of the budget, changes from the previous fiscal year, and recommendations regarding the financial policy for the upcoming period. Budgetary Basis of Accounting The basis of accounting used to estimate financing sources and uses in the budget. The method used to determine when revenues and expenditures are recognized for budgetary purposes. This basis generally takes one of three forms: GAAP, cash, or modified accrual. Budgetary Control The control or management of a government in accordance with the approved budget for the purpose of keeping expenditures within the limitations of available appropriations and resources. Capital Assets Assets of significant value and having a useful life of several years. Capital assets are also called fixed assets. Capital Budget A spending plan for improvements to, or acquisition of, land, facilities and infrastructure that balances revenues and expenditures, specifies the sources of revenues, and lists each project or acquisition. Normally a capital budget must be approved by the legislative body. The capital budget and accompanying appropriation ordinance may be included in a consolidated budget document that has a section devoted to capital expenditures and another to operating expenditures. Alternatively, two separate documents may be prepared – one for the capital budget and one for the operating budget. Capital Expenditure A capital expenditure is made when purchasing a fixed asset having a value of $10,000 or more and a useful life of more than one year. Capital Improvement Program The Capital Improvement Plan (CIP) is a comprehensive projection of capital investment projects, which identifies priorities as to need, method of financing, and project costs and revenues that will result during a five-year period. The plan is a guide for identifying current and future fiscal year requirements and becomes the basis for determining the annual capital budget. The capital plan for the ensuing year must be formally adopted during the budget process. Capital Improvement Project Expenditures for the construction, purchase or renovation of Town facilities or property that have a value greater than $50,000. Capital Outlay Expenditures resulting in the acquisition of or addition to the Town’s fixed assets with a value of $10,000 or more and a useful economic lifetime of more than one year. Capital Project Carryover An approved Capital Project that was not completed in the fiscal year and, therefore, was budgeted again in the current fiscal year in order to finish the project. Capital Projects Funds Capital project funds are used to account for and report financial resources that are restricted, committed, or assigned to expenditure for capital outlays, including the acquisition or construction of capital facilities and other capital assets. Capital projects funds exclude those types of capital related outflows financed by proprietary funds or for assets that will be held in trust for individuals, private organizations, or other governments. Cash Basis of Accounting The basis of accounting in which transactions are recognized only when cash amounts are increased or decreased. Cash-in-lieu Town of Fountain Hills | Budget Book 2023 Page 366 Funding for capital projects the Town requires from developers in lieu of them constructing necessary off- site improvements related to their development project. Community Facilities District (CFD) A separate legal entity established by the Town which allows for financing of public improvements and services. Comprehensive Annual Financial Report (CAFR) The official annual financial report of the Town. The CAFR represents management’s report to the Town Council, constituents, investors and creditors. Contingency/Reserve An amount, a budgetary reserve/contingency, set aside as available, with Town Council approval, to cover unforeseen expenditures, emergency expenditures, or revenue shortfalls. Contractual Services Services such as rentals, insurance, maintenance, etc. that are purchased by the Town. Debt Limit Statutory or constitutional limit on the principal amount of debt that an issuer may incur (or that it may have outstanding at any one time). Debt Ratio Total debt divided by total assets. Debt Service The cost of paying principal and interest payments on outstanding bonds according to a predetermined payment schedule. Debt Service Fund One or more funds established to account for revenues used to repay the principal and interest on debt. Deficit The excess of an entity’s liabilities over its assets or the excess of expenditures or expenses over revenues during a single accounting period. Department A major administrative portion of the Town which indicates overall management responsibility for an operation or a group of related operations. Depreciation An accounting transaction which spreads the acquisition value of an asset across its useful life. Alternatively, expiration in the service life of capital assets attributable to wear and tear, deterioration, action of the physical elements, inadequacy or obsolescence. Development Fees Those fees and charges generated by building, development, and growth in the Town. Disbursement The expenditure of money from an account. Distinguished Budget Presentation Awards Program A voluntary awards program administered by the Government Finance Officers Association of the United States and Canada to encourage governments to prepare effective budget documents. Division A grouping of related activities within a particular Department (example, Senior Services is a Division of Community Services). Employee (or Fringe) Benefits Contributions made by a government to meet commitments or obligations for employee-related expenses. Included is the Town’s share of costs for social security, pension plans, medical and life insurance plans. Town of Fountain Hills | Budget Book 2023 Page 367 Encumbrance The formal accounting recognition of appropriated or committed funds to be set aside for a future expenditure. To encumber funds means to set aside or commit funds for a specified future expenditure. For budgetary purposes, encumbrances are considered expenditures. Ending Balance The residual funds that are spendable or available for appropriation at the end of the fiscal year. Estimated Revenue The amount of projected revenue to be collected during the fiscal year. Expenditure A net decrease in financial resources. Expenditures include operating expenses which require the use of current assets. If accounts are kept on the accrual basis, this term designates total charges incurred, whether paid or unpaid. If they are kept on the cash basis, the term covers only actual disbursements for these purposes. Expenditure Limitation An amendment to the Arizona State Constitution that limits annual expenditures of all municipalities. The Economic Estimates Commission, based on population growth and inflation, sets the limit. All municipalities have the option of Home Rule where the voters approve a four-year expenditure limit based on revenues received. Expenses Charges incurred (whether paid immediately or unpaid) for operations, maintenance, interest or other costs. Fees Charges for specific services. Financial Plan A summary by fund of planned revenues, expenditures, operating transfers, reserves, and fund balances. Fiscal Policy A government’s policies with respect to revenues, spending, and debt management as these relate to government services, programs and capital investment. Fiscal policy provides an agreed-upon set of principles for the planning and programming of government budgets and their funding. Fiscal Year Any period of twelve consecutive months establishing the beginning and the ending of financial transactions. For the Town of Fountain Hills, this period begins July 1 and ends June 30. Fixed Assets Assets of a long-term character which are intended to continue to be in use or kept for more than one year and of a monetary value greater than $10,000. Franchise Fees Annual fees paid by utilities (e.g. cable TV) for use of Town public rights-of-way. Franchise fees are typically a set percentage of gross revenue within the Town. Full Faith and Credit A pledge of a government’s taxing power to repay debt obligations. Full-Time Equivalent Position (FTE) A position converted to the decimal equivalent of a full-time position based on 2,080 hours per year. For example, a part-time typist working for 20 hours per week would be equivalent to a 0.5 FTE. Fund An independent fiscal and accounting entity with a self-balancing set of accounts recording cash and other financial resources, together with all related liabilities and changes in these assets and liabilities. Fund Balance Difference between assets and liabilities reported in a government fund. Town of Fountain Hills | Budget Book 2023 Page 368 Non-spendable – Portions of fund balance that include amounts that cannot be spent because they are either (a) not in spendable form or (b) legally or contractually required to be maintained intact. Restricted – Portion of fund balance that reflects constraints placed on the use of resources that are either (a) externally imposed by creditors, grantors, contributors, or laws or regulations of other governments or (b) imposed by law through constitutional provisions or enabling legislation. Committed – Amounts that can be used only for specific purposes pursuant to constraints imposed by formal action of the government’s highest level of decision-making authority. In the case of the Town, this would be the Council and Mayor. Assigned – Amounts that are constrained by the government’s intent to be used for specific purposes, but that are neither restricted nor committed. Unassigned – Residual classification for the General Fund. This classification represents fund balance that has not been assigned to other funds and that has not been restricted, committed, or assigned to specific purposes within the general fund. The General Fund should be the only fund that reports a positive unassigned fund balance amount. General Fund The major fund in most governmental entities. While other funds tend to be restricted to a single purpose, the General Fund is a catch-all for general government purposes. The General Fund contains the activities commonly associated with municipal government, such as police and fire protection, parks and recreation. General Obligation Bonds This type of bond is backed by the full faith, credit and taxing power of the government. Bonds that finance a variety of public projects. The repayment of these bonds is usually made from secondary property tax revenues. General Plan A plan approved by the Town Council that provides the fundamental policy direction and guidance on development decisions in the Town. Generally Accepted Accounting Principles (GAAP) Uniform minimum standards for financial accounting and recording, encompassing the conventions, rules, and procedures that define accepted accounting principles. Goal The end toward which effort is directed. A goal is general and timeless. Governmental Funds Governmental Funds are those through which most governmental functions of the Town are recorded. Revenues are recognized as soon as they are both measurable and available. Expenditures generally are recorded when a liability is incurred except for unmatured interest on debt and certain similar obligations, which should be recognized when due. Grants A contribution by a government or other organization to support a particular function. Grants may be classified as either operational or capital, depending upon the grantee. Highway User Revenue Fund (HURF) A fund with revenues consisting of state taxes collected on gasoline, vehicle licenses and other transportation related fees. These funds must be used for street and highway purposes. Indirect Cost A cost necessary for the functioning of the organization as a whole, but which cannot be directly assigned to one service. Infrastructure The physical assets of a government (e.g. streets, public buildings, parks, etc.). Interfund Transfers The movement of monies between funds of the same governmental entity. Intergovernmental Town of Fountain Hills | Budget Book 2023 Page 369 Refers to transactions between different levels of government, e.g. city, county, state and federal. Intergovernmental Agreement A contract between governmental entities as authorized by State law. Intergovernmental Revenue Funds received from federal, state, and other local government sources in the form of grants, shared revenues, and payments in lieu of taxes. Journal Entry An entry into the financial system that transfers actual amounts from one account, department, or fund to another. Lapsing Appropriation An appropriation made for a certain period of time, generally for the budget year. At the end of the specified period, any unexpended or unencumbered balance lapses or ends, unless otherwise provided by law. Levy The total amount to be raised by general property taxes for purposes specified in the property tax levy motion. Levy Rate The amount of tax levied for each $100 of assessed valuation. Liability Indebtedness of a governmental entity, such as amounts owed to vendors for services rendered or goods received, and principal and interest owed to bondholders. These amounts are debts or legal obligations which must be paid at some future date. Line-item Budget A budget prepared along departmental lines that focuses on what is to be bought. Local Transportation Assistance Fund (LTAF) Revenues are generated by the State Lottery. Distribution of these funds is based on population. Funds must be used for public transit or streets, but a small portion may be used for cultural purposes. Long-term Debt Debt with a maturity of more than one year after the date of issuance. Modified Accrual Basis of Accounting The basis of accounting used by governmental-type funds. Under this basis, revenues are recognized when they become both “measurable” and “available” to finance expenditures of the current period. Municipal Property Corporation (MPC) Bond Bonds that are backed by the excise taxes of the Town including local sales tax, franchise tax, State-shared sales tax, and motor vehicle in-lieu tax. The MPC is a non-profit corporation established for the purpose of issuing debt to purchase municipal facilities, which it leases to the Town. Object Detail An expenditure classification, referring to the lowest and most detailed level of classification, such as electricity, office supplies, asphalt, and furniture. Objectives Something to be accomplished in specific, well-defined, and measurable terms and that is achievable within a specific time frame. The achievement of the objective advances an organization toward a corresponding goal. Obligations Amounts which a government may be legally required to meet out of its resources. They include not only actual liabilities, but also encumbrances not yet paid. Operating Budget Town of Fountain Hills | Budget Book 2023 Page 370 Plans of current expenditures and the proposed means of financing them. The annual operating budget is the primary means by which most of the financing of acquisitions, spending, and service delivery activities of the Town are controlled. Operating Expenses The cost for personnel, materials, and equipment required for a department to function. Operating Impacts Operating impacts are the additional, incremental revenues or costs associated with the project—any new cost or revenue streams resulting from the project less existing expenditures and revenues where applicable. These impacts include maintenance expenses, utility and personnel expenses, revenues from project-specific construction spending and operating revenues. Operating Revenue Funds that the government receives as income to pay for ongoing operations. The revenue includes such items as taxes, fees from specific services, interest earnings, and grant revenues. Operating revenues are used to pay for day-to-day services. Ordinance A formal legislative enactment by the governing body of a municipality. If the ordinance is not in conflict with any higher form of law, such as a state statute or a constitutional provision, it has the full force and effect of law within the boundaries of the municipality to which it applies. Pay-as-you-go Basis A term used to describe a financial policy by which capital outlays are financed from current revenues rather than through borrowing. Per Capita A unit of measure that indicates the amount of some quantity per person in the Town. Performance Based Budget The Performance Based Budget is a customer based, performance driven, results oriented budget system based on Outcome Management. Outcome Management is a management approach that focuses on the results achieved when providing a service. Performance Indicators Specific quantitative and qualitative measures of work performed as an objective of specific departments or programs. Measurement of service performance indicators that reflect the amount of money spent on services and the resulting outcomes at a specific level of services provided. Performance Measurement Statistical indicators that permit program evaluation to be conducted in a budgetary context. Performance Target Percentage or number for each program performance measure that will be the desired level of performance for the upcoming budget period. Personal Services The classification of all salaries, wages, and fringe benefits expenditures. Fringe benefits include FICA, retirement contributions, medical insurance, life insurance, and workers’ compensation. In some cases, benefits may also include clothing allowances and education assistance. Policy A plan, course of action, or guiding principle, designed to set parameters for decisions and actions. A policy could also be a more precise statement of a desired course of action. Program A group of related activities performed by one or more divisions or departments of the Town for the purpose of accomplishing a service the Town is responsible for delivering. Property Tax Town of Fountain Hills | Budget Book 2023 Page 371 Total property tax levied by a municipality on the assessed value of a property within Town limits. In Arizona, the property tax system is divided into primary and secondary. Primary Property Tax – A limited tax levy used for operations based on primary assessed valuation and primary tax rate. The tax rate is restricted to a 2% annual increase. Municipalities may use this tax for any purpose. Secondary Property Tax – An unlimited tax levy restricted to voter-approved budget overrides. The tax is based on the secondary assessed valuation and secondary tax rate. Reserve An account used to segregate a portion of a fund balance to indicate that it is not available for expenditure, or it is legally set aside for a specific future use. Resolution A special or temporary order of the Town Council. Requires less formality than an ordinance or statute. Resources Total amounts available for appropriation including estimated revenues, bond/loan proceeds, fund transfers, and beginning fund balances. Revenue Amounts received by government from sources including taxes, fines, fees, grants, or charges for services, which can be used to finance government operations or capital assets. These amounts increase the net assets of the government. For those revenues which are recorded on an accrual basis, this term designates additions to assets which (a) do not increase any liability, (b) do not represent recovery of an expenditure, and (c) do not represent the cancellation of certain liabilities without a corresponding increase in other liabilities or a decrease in assets. Revenue Bonds Bonds whose principal and interest are payable exclusively from earnings of a revenue generating fund. Secondary Property Tax Rate Arizona statute does not limit the secondary tax levy amount and municipalities may only use this levy to retire the principal and interest or redemption charges on bonded debt. Service Level Services or products which comprise actual or expected output of a given program. Focus is on results, not measures of workload. Sinking Fund A means of repaying funds that were borrowed through a bond issue. The issuer makes periodic payments to a trustee who retires part of the issue by purchasing the bonds in the open market. Special Revenue Fund Created out of receipts of specific taxes or other earmarked revenues. Such funds are authorized by statutory or charter provisions to pay for specific activities with a special form of continuing revenues. State-shared Revenue Includes the Town’s portion of State sales tax revenues, State income tax receipts, and motor vehicle in-lieu taxes. Strategic Plan The Strategic Plan defines the Town’s strategy (http://en.wikipedia.org/wiki/Strategy), or direction, and assists Town management in making decisions on the allocation of personnel and resources. Supplemental Appropriation An additional appropriation made by the governing body after the budget year has started. Tax Levy The total amount of the general property taxes collected for purposes specified in the Tax Levy Ordinance. Tax Rate The amount of tax levied for each $100 of assessed valuation. Town of Fountain Hills | Budget Book 2023 Page 372 Taxes Compulsory charges levied by a government for the purpose of financing services performed for the common benefit of the people. This term does not include specific charges made against particular persons or property for current or permanent benefit, such as special assessments. Transfer Movement of resources between two funds. Example: An interfund transfer would include the transfer of operating resources from the General Fund to the Streets Fund. Unassigned Fund Balance The portion of a fund’s balance that is not restricted or committed for a specific purpose and is available for general appropriation. Unencumbered Balance The amount of an appropriation that is neither expended nor encumbered; essentially the amount of money still available for future purposes. Unreserved Fund Balance The portion of a fund’s balance that is not restricted for a specific purpose and is available for general appropriation. User Fees The fee charged for the direct receipt of a public service to the party or parties who benefit from the service. Valley The area represented by the Greater Phoenix Metropolitan area. Phoenix is also know as the Valley of the Sun. Variance Comparison of actual expenditure and revenues from one year to the next and comparison of budget-to-actual in current fiscal year. Working Capital A financial metric which represents the amount of day-to-day operating liquidity available. Also known as operating capital, it is calculated as current assets minus current liabilities. Working Cash The excess of readily available assets over current liabilities. Town of Fountain Hills | Budget Book 2023 Page 373