HomeMy WebLinkAbout2014 Budget Narrative
City of Ithaca
2014
Mayor’s Budget Narrative
Table of Contents
Page
2014 Financial Goals 1
2014 Budget Summary Narrative 2-10
Summary of Revenues 2011 – 2017 11-13
Summary of Expenses 2011 – 2017 14-17
Summary of Health Insurance 18
Tax Rate/Assessment History 19
Fund Balance History General Fund 20
Summary of Water and Sewer Rates 21
Debt Limit Schedule 22
Constitutional Tax Margin Schedule 23
Summary of Retirement Cost 2014 24
Summary of Council/Mayor Salaries 25
Summary of Revenues Detail 2014 26-30
Summary of Assessment Data 31
Summary of Tax Exempt City Property 32
Summary of Material Items 33-38
Summary of State Aid Received/Proposed 39
Summary of Cornell University Contribution 40
1
Financial Goals for the City of Ithaca heading into 2014:
Increase/Maintain Fund Balance
Fund Balance needs to be 10-20% of operating revenues/expenses
Currently fund balance is 16.4% of expenditures
Allows for greater flexibility
Reduce debt load
Reduce reliance on debt (borrowing) for payment
Pay by cash where possible
Debt service is 12.7% of budget
Reduce tax burden on city taxpayers Keep tax rate increases to a minimum Assessment increases shifted to new construction and commercial
Proposed 2014 tax rate at $13.12 per $1,000 assessed value
Stay within State Property Tax Cap
Continue to move operating expenses from borrowed capital funds to G/F
Every year move streets and road construction costs to operating
Every year move equipment acquisitions from capital to operating
We are reducing our reliance on borrowing for operating funds
Purchase more efficiently and economically
Use more state contract, cooperative purchasing and bidding
Restructure some city departments to produce operating efficiencies
Maximize revenues and minimize costs
Increase fees where applicable and lower costs
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City of Ithaca
2014 Mayor’s Budget Summary Narrative Notes
October 1, 2013
General Fund Revenues:
Property Tax Information:
Assessments modestly increasing with full valuation, as a result, a tax rate increase and a tax levy increase; property tax cap in place since 2012 Total 2014 budget is $64,542,735, allocated $52,854,474 general fund, $4,208,893 water fund, $6,018,716 sewer fund, $614,652 solid waste fund and $846,000 sidewalk districts, compared to
2013 budget of $62,254,904 The 2014 tax rate is $13.12 per $1,000 assessed value, this represents a .31% increase in the tax rate from the 2013 rate of $13.08, and the dollar increase from the 2013 rate is $0.04 The total tax levy increase for 2014 is 2.08%; the 2013 tax levy increase was 2.72%...the property tax cap for 2014 is 2.12%...lowest tax levy increase since 2000
The taxable assessment value for 2014 is $1,563,667,095; the 2013 taxable assessment was
$1,536,536,783 a $27,130,312 increase from 2013, a 1.77% increase Using the same tax rate from 2013, $13.08, would bring in additional $354,864 of tax revenue in
2014
Every one percent change in the city tax rate would generate an additional $204,528 in revenue
Based on the projected 2014 tax rate a $180,000 city home will pay $2,362 in city tax, that equates to
a $8 increase in taxes per year from the 2013 taxes of $2,354 for the same value property The property tax revenue would increase from the 2013 amount of $20,097,901 to the 2014 amount
of $20,515,312, a $417,411 increase from 2013, a 2.08% increase
Tax-exempt property percentage in the city for 2014 is 60.46% down slightly from 60.82% in 2013
Sales Tax Sales tax revenue collections are up from 2013, we are heavily reliant on sales tax revenue and the economy remains uncertain Sales tax revenue budget increased from 2013 $12,940,806 to 2014 $13,123,000 an increase of
$182,194 or 1.4% from 2013 budget, our 2013 budget amount assumes a 2.2% increase over the current
projected actual sales tax revenue for 2013 Sales tax inflationary factor used is 1.0%
The sales tax budget number will be reviewed during October after the next quarterly report is
received from the State for a possible adjustment; the city/county dispatcher agreement is funded
through the sales tax agreement, and for 2014 the amount is $180,000
The economy remains weak and continues to have an uncertain impact on the 2013 and 2014 sales tax activity
Other Revenue
Other revenue amounts continue to be adjusted to realistic, historic and current trends; an inflationary
factor is also used The Collegetown Assessment was completed in 2008; no current assessments are in place
Payments in lieu of tax increased related to PILOT and abatement programs established
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Public works services revenue reflects the move of a portion of the city sidewalk program activity to
a special assessment district…new for 2014
Parking revenues reflect CPI permit rate adjustments for all city garages per applicable parking
agreements; the budget assumes meter rate changes during 2014 Parking revenue for daily collections and permits is estimated at $1,526,900 for 2014…The amount assumes the full operation of Green Street Parking Garage surface lot, an Inlet Island lot parking fee,
anticipated increase of parkers, event parking fee continued at $5, no free county juror parking at city
garages, permit increases based on CPI and equipment improvements in downtown parking garages
Parking revenue for meters is estimated at $970,000 for 2014, review of meter rates will take place, with a meter rate restructuring after Parking Director has performed an analysis Recreation rates and revenue increased or decreased per Youth Bureau staff recommendations
Youth Bureau revenue includes $111,240 from Town of Ithaca for Cass Park facility
Golf Course rates increased or decreased based on actual activity and rate changes
Site Development fees estimated at $102,000 to reflect increased development activity We are expecting to continue our contract with the School District for civil service Fire Protection Service represents the Town/City fire service contract; the Town of Ithaca share for
2014 fire service is 32.85%, up from 32.46% in 2013, the new fire contract continues for 2014
Projecting interest rates to remain low in 2014, interest revenue for 2014 is calculated at $75,000
Rental of property includes rental income from retail space under the parking garages Expecting building permit activity to remain high, but decrease in 2014, estimated at $700,000, decreased amount by $119,000 from 2013 budget amount per Building Department estimated Cornell
and City projects; assumed another payment on the permit for Collegetown Terrace Apartments
Fines and Bail revenue estimated at $1,170,000 for 2014, reflective of actual activity and continued elimination of the waiver of first ticket program Sale of property assumes a few surplus city owned properties to be sold during 2014; estimated $215,000 of revenue for the sales (one-time revenue source), would be last year of surplus property
Gifts and donations reflect contribution from Cornell University per MOU, the contribution increases
by the CPI annually; the estimated CPI used for 2014 CU payment is 1.5%; the CU contribution for 2014 is estimated at $1,270,303 Contributions from low and mod housing reflects interest earned on IURA Housing initiative
borrowing, may be last year of program
Transfers from other funds for water/sewer decrease related to payroll and G/F overhead changes,
reflects a move away from the current 35% 65% allocation of water and sewer fund activity, 1.7% to 2% decreases were budgeted Transfer from Capital Fund represents interest and unneeded project authorizations, the amount is
used to pay down debt; in addition using $350,000 of State CHIPS funds for in-house street work on
Old Elmira Road; also looking to use CHIPS funds for contractual street work this should result in a
improved street and road construction program for 2014 Transfer from Joint Activity reflects a 10% G/F overhead allocation of the Wastewater Treatment Plant per the established Joint agreement
Transfer from Debt service relates to bond payments from bridgework or other projects funded by
Federal and State aid fronted by city funds
State Aid Per Capita reflects a flat amount from the 2013 Budget, the $2,610,398 amount is the estimated payment for 2014, the new AIM payment from NYS is made to help reduce the tax burden of
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the local taxpayer, due to the State’s fiscal problems we have kept this amount unchanged in 2014 from
the 2013 actual amount expected to be received of $2,610,398, we must be careful with this amount as
additional cuts may take place if the NYS economy does not improve…this is an uncertain revenue
source Mortgage tax revenue is decreased to reflect current trends, continue to watch weaker housing market State Aid for security service related to city court has been taken over by the State Court System; no
further payments will be made; the court system cleaning aid is expected to decrease by $5000 for 2014;
in 2012-13 we had a payment related to building improvement work currently occurring at the City
Court…this will not occur in 2014 We are not using any HUD Entitlement program revenue funds in 2014; those funds can be used by the IURA as they deem necessary
No Federal Aid youth programs are reflected in the budget; if grants are received in 2014, we will
change the budget at time of receipt
Total general fund revenues for 2013 were $51,420,818, 2014 revenues are budgeted at $52,275,660, up $854,842, an increase of 1.7%
Revenues other than property taxes are budgeted at $31,760,348 for 2014, up $437,431 from the
2013 budget of $31,322,917, an increase of 1.4% General Fund
Expenditures: Current August Consumer Price Index (CPI) is 1.5%, the average CPI index for 2014 to-date is 1.6%, and the last three year (2012, 2011, and 2010) average is 2.3% Other Service Agencies: City local share for other community service agencies is not funded in 2014; we continue to fund
other human service agencies through the sales tax agreement in the amount of $336,908 for 2013
Human Services Coalition funded at $33,360 for 2014, an (2%) decrease from 2013 TCAD funded at $15,190 for 2014, a (2%) decrease from 2013
Community Police Board funded at $1,500, a (25%) decrease from 2013
Dog Control Contract, SPCA funded at $60,375 a (4.4%) decrease from the 2013 Budget…we also
included a $2,500 amount for dog enumeration
Southside Center city contract funded at $147,350, a (2%), decrease from the 2013 Budget, total funding for Southside is $218,850 includes DPW building maintenance
City Hall security is funded at $83,000 for 2014; this represents a (2%) decrease from the 2013
amount of $84,600; the amount is part of the allocated city hall building costs in the general fund
City Departments: All department costs reflect CSEA Comp Study salary increases per MOU in place for CSEA Admin,
DPW and Confidential employees; the CSEA Admin, IPFFA, COU have contracts in place…the
Executive, CSEA DPW and PBA unit contracts are currently in negotiations…for contracts not in place,
all estimated salaries include no increase for 2014
Management employee’s salaries have a 1.5% increase in 2014 placed in restricted contingency...a 20% health insurance contribution for management continues and a three tier prescription plan also
continues in 2014
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All departments 2014 funding were based on their (2%) funding requests including salaries, some
departments were adjusted up or down from the negative 2% submittal…all unfunded positions are
vacant unless noted…percentage change includes city hall building cost, if applicable;
City Department’s budget funding for 2014 are noted as follows: Chamberlain’s Office, increases by 5.2%, CSEA compensation (comp) study, contractual salary increases, will slowly merge with Controller’s Office during 2013-2015
Traffic Violations, increase of 8%, mainly CSEA comp study, contractual salary increases
Controller’s Office, increase of 2%, CSEA comp study, contractual salary increases, slowly merging
with Chamberlain’s Office during 2013-2015 Clerks Office, increase of 7.5%, CSEA comp study, contractual salary increases, increase for Public information expenses and city hall allocation slight increase
City Attorney’s Office, increase of 1%, CSEA comp study, contractual salary increases, increased
outside legal contracts
Human Resources, flat amount, mainly related contractual reduction, includes CSEA comp study and contractual increases Mayor, increase of 71%, CSEA comp study, contractual salary increases, contractual line increases
and accounting for Chief of Staff position for full year
Legislative, decrease of (1.7%), contract account changes, employee recognition program continues
unfunded Police Department, mainly flat, adjust for retirements and loss of officer, added a new Deputy Police Chief for professional standards funded starting 3/1/14, unfunded School District funding 75% of
Officer position for school security, increased overtime, contract account decreases, SWAT budget
funded at $40,000, moved meter maintenance funding to parking division…look at 12 hour shifts
Fire Department, mainly flat, includes contractual salary increases, accounted for retirements, reduced overtime, contract account changes, fire prevention bureau continues Building, Planning, Zoning & Economic Development Department, now merged, decrease of 3%,
CSEA comp study and contractual salary increases, layoff building receptionist and building office
manager, added office/computer assistant position, remove funding for added housing inspector, funded
new software package, added 5 hours to planning office assistant, removed Sustainable Strategies contract for one year, included partial funding for sustainable planner with Town of Ithaca, added salary increase to building director of code enforcement and made changes to other contractual accounts
Youth Bureau, increase of 5.3%, CSEA comp study and contractual salary increases, funding of YB
Director and Deputy, some increases offset by increased revenue, added funds for mower and new
recreation software, added funds for one recreation specialist, p/t recreation program assistant and p/t PSMP program leader, remove funding for one recreation program coordinator and two youth program leaders, includes a layoff
GIAC, increase of 3.2%, comp study salary increases, added p/t admin coordinator position, added
living wage adjustments and changes to contractual accounts
IT Department, decrease of (28.7%), remove funding for the IT Director position, other contractual account changes…dept will merge with Clerk’s office during 2014 DPW, mainly flat, CSEA comp study salary and contract account changes
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DPW
Most of the Department of Public Works (DPW) reflects a flat spending level decrease from 2013
levels, all accounts include comp study and contractual salary increases
City Court and Police Building Maintenance funded in DPW accounts Mostly followed proposed budgets with various account changes, no furlough’s
Maintenance of Roads, CHIPS funds will be used to offset paving expense reductions
CHIPS funding of $350,000 will be used to offset in-house labor and material costs related to
highway construction Old Elmira Road project and will use outside contractor to assist with street
construction in 2014 Sidewalks, 7 months of activity now in sidewalk special assessment district, 5 months activity
remains in General fund
Maintained snow removal salt material cost at $110,000
Retirements accounted for in various accounts
Added $20,000 parking meter maintenance to parking director accounts, may move all IPD meter costs to parking accounts during budget discussions
Golf course, new manager in place
Supt. of Public Works, position to be hired in 2013, funding included in 2014
Adjusted several gas and oil accounts as a result of changing fuel prices
Utility accounts were adjusted according to activity and trends Sidewalk program crew is allocated to both General fund and special assessment fund Bridge crew continues to be fully funded in 2014
Added $3,000 for street light parts maintenance
Several seasonal and overtime accounts were adjusted, will have a negative impact on DPW services
provided to community in various areas for 2014 Other Contracts TCAT funded at $829,432, 0%, no increase from 2013, note that the amount in budget is net of city’s
$364,000 sales tax agreement payment to TCAT made by the County
Cayuga Garage Financial Assistance Agreement (FAA) is funded for 2014 at $960,000, this reflects a
14% increase from 2013, principal debt payment for Cayuga Garage increasing…the FAA requires an annual appropriation by Council; if the city does not appropriate these funds, the city defaults on the
agreement
Gadabout funded at $56,000, a 0%, no increase from 2013
Contribution to Ithaca Downtown Partnership (IDP) funded at $61,000, remains at the 2013 level
Insurance/Contingency/Settlement/Other payments Unallocated Insurance costs increase Undistributed insurance costs funded at $780,000, reflects a 31%, $186,400 increase from 2013; it
appears insurance costs going up as a result of claim activity and industry trends
Judgment and claims funded at $70,000 for costs related to annual settlement expenses; this area has
seen increased activity over the last few years Contingency Account is funded at $315,000 for 2014; represents $175,000 in unrestricted contingency funds and the following funds in the restricted contingency account; $30,000 for PBA
Mediation/Arbitration activity, $103,000 for Managerial/DPW contractual increases including benefits
Lease payment of principal and interest for Energy Performance Contract is funded at $220,107
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Layoffs/Staff Reductions/Staff Increases Four (4) layoffs in the 2014 budget…3 vacant positions have been unfunded for 2014
The layoffs include; the Director of IT, Building Department Receptionist, Building Department
Office Manager and a Youth Program Leader in the Youth Bureau We will also remove funding for two Youth Program Leaders at the Youth Bureau and one full-time
Recreation Program Coordinator
We continue to look at operational efficiencies to reduce overall costs
In 2014, we are adding the following positions; one Administrative/Computer Assistant in
Planning/Building; one part-time Recreation Program Assistant, one part-time Youth Program Leader PSMP and one Recreation Specialist in Youth Bureau; one part-time Administrative Coordinator in
GIAC and one Deputy Police Chief in the Police Department (starting March 1, 2014)
Also funded in 2014, full year funding for the Chief of Staff, Youth Bureau Director and Parking
Director
Funded position from Capital; Bridge System Engineer ($60,731); Several end of year 2013 and early 2014 retirements of city workers were factored into overall salary
costs
We are not offering a retirement incentive in 2013
Fringe Benefits:
Health insurance costs increase and retirement costs finally level out, retirement costs expected to slowly decrease for 2015 and 2016 Regular retirement reflects full funding of costs, slight decrease in overall costs
Regular retirement for the General Fund is funded at $1,703,308 for 2014, up from $1,586,740 in
2013, this is a 7.3%, $116,568 increase from 2013; the increase here relates to added general fund employees and a re-allocation of expenses due to past retirement costs, word of caution, a future weaker
economy will translate into higher future rates; when the actual 2014 invoice is received mid-October,
we may have to adjust this number up or down, rates remain high, but the trend is leveling
Police and Fire retirement reflects a full funding of costs, funded at $2,967,259 in 2014, a 7.3%,
$233,293 decrease in overall cost from 2013: when the actual 2014 invoice is received mid-October, we may have to adjust this number up or down, rates remain high, but the trend is leveling
The total 2014 regular retirement for all funds is estimated at $5,670,000 down from $6,110,000 in
2013, a 7.2%, $440,000 decrease from 2013; when the actual 2014 invoice is received mid-October, we
may have to adjust this number up or down; we have no retirement exclusion allowed under the property
tax cap calculation this year as rates decreased FICA/Medicare funding at $1,720,604 for 2014 includes the salary increases from contractual
increases and estimated salary increases for 2014, a 2.1%, $35,609 increase in costs
Workers Comp rates are estimated to rise, the cost for 2014 is increasing to $790,658, a 71.9%,
$102,464 increase from 2013, note that this is estimated and a possible adjustment may be made prior to
the final budget adoption once actual invoices are received; claim activity continues to increase Unemployment Insurance is estimated to decrease by $5,000 to $75,000 for 2014, the 6.3% decrease
relates to the 2013 current activity and 2014 trends, including any layoffs
Health Insurance budget costs are increasing by 10.1%, $791,872 employee contributions factored to
help offset the estimated rate hike, G/F funding at $8,668,012 for 2014, the 2013 claim period has been
steady; the city continues to participate in the health consortium, which should help stabilize future health insurance costs, but changes at the Federal level and the need to strengthen our consortium
reserves will increase premiums overall…premium equivalent rates in the consortium will increase by
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8.0%...overall health insurance costs are estimated to top $10,500,000 in 2014; we are assuming
employee contribution increases by Police and Fire employees for 2014
Dental Insurance decreased slightly by (1.0%), $1,000 mainly due to activity history
Daycare and tuition costs are adjusted to reflect current and estimated activity Personnel costs account for 72.9% of the General Fund Budget, $38,562,994 Salary costs are $22,338,593 and fringe benefits are $16,224,401
Debt Service:
Debt payments and debt load remain high Debt service payments for 2014 are funded at $6,467,917, a decrease of $208,761 from $6,676,578 in 2013, a 3.1% decrease; this includes the energy performance contract lease payments of $220,107
Interest rates remained low in 2013 and we took advantage of the lower rates; we expect rates to
remain low during 2014, but there are some signs that rates are starting to inch upward; City maintains
Aa2 Bond rating as recalibrated by Moody’s; we took advantage of the low rates with locking into long-term rates during 2013 In 2014, we are paying off $4,824,136 in principal and issuing $3,959,250, a reduction of
$864,886…a small reduction…and we caution that interest rates will increase over time
Debt limit issued and authorized at 77% exhausted, limit is $106,196,722, and the city has
$24,338,349 available for debt Debt service accounts for 12.7% of 2014 budget as compared to 12.9% of the 2013 budget
Total debt outstanding at 12/31/13 is $109,141,796 as compared to 12/31/12 of $88,731,620, an
increase of $20,410,176, 23.0%...of the debt outstanding $13,723,413 relates to the IAWWTF
The need to reduce our debt load is real and our budgeted activity in both debt principal payments
and authorized projects should reduce the debt going forward if the budget is followed
Total General Fund expenditures for 2013 were $51,720,450, 2014 expenses are budgeted at $52,854,474, up $1,134,024 from 2013, a 2.19% increase
Fund Balance: Current Fund Balance, 12/31/12, for the General Fund is $8,219,332, of which $3,756,954 is
unassigned and $4,462,378 is assigned, restricted or nonspendable; this represents 16.4% of operations
The 2014 budget appropriates $578,814 of fund balance to balance the budget We appropriated $299,632 in General Fund balance in 2013 and it remains to be seen if the full
amount will be needed for 2013
The $578,814 appropriated fund balance represents 7.0% of the current fund balance
We don’t recommend an annual appropriation of fund balance to balance the budget, but are ok with
this appropriation as we have not used as much as estimated over the past two year…the higher the fund balance the more future financial flexibility the city will have…if all fund balance appropriation were
used in 2013 and 2014, the fund balance would be approximately at 13.9% of operations…we will not
be able to continue large appropriations of fund balance for much longer…if we get opportunity over the
next month we will look for additional reductions in the 2014 fund balance appropriation
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Other Funds Water and Sewer Funds:
Rates continue to increase as costs increase; consumption up and down The 2014 water rate is recommended at $5.11 per 100 cubic feet of usage, this reflects an 8% increase from the 2013 rate of $4.73 The 2014 sewer rate is recommended at $5.41 per 100 cubic feet of usage, this reflects a 0% increase
from the 2013 rate of $5.41
In both the water and sewer fund we are recommending not to use fund balance to balance the
budgets for 2014, the water and sewer fund balance accounts have been used to help offset needed rate increases for several years and can no longer provide such subsidy; the combined increase in rates is 8% compared to 12% in 2013
Consumption of water decreased 1.98% and consumption of sewer increased 6.46%
We have factored into both funds adjustments of revenue related to the water meter replacement
project recently completed by Johnson Controls The lease payment for the water meter replacement project is included in both funds; the total payment is $199,786, allocated to each fund based on normal percentage allocation…this is a reduction
of $1,999 from 2013 amounts as we refinanced the interest charges for this project
Water expenditures for 2014 are $4,208,893 a $248,023 increase from 2013, 6.26% increase
Sewer expenditures for 2014 are $6,018,716 a $40,052 decrease from 2013, 0.01% decrease Fund allocation will start to move away from the current allocation of, water at 35%; sewer at 65%, we will slowly move toward a 40% and 60% split of expenses
The water source decision will have an effect on the future water costs and water rates; it is expected
water costs and rates will continue to rise as debt service costs related to the rebuild of the water plant
increase The BPW will review the recommended water and sewer rates and make a recommendation for rate increases
Solid waste Fund:
Fund still has an operating deficit, tag prices are expected to increase in 2014; a yard waste fee continues in 2014 The 2014 trash tag rates are recommended to increase to $3.75 per tag (30lbs), or a flat monthly
hauling rate plus a lesser tag value will be established
The yard waste fee will remain at $1.50 per 50lbs The fund will be examined by staff and the BPW for possible other operational efficiencies and rate increases; possible changes include; flat rate fee, out sourcing the service and route adjustments A general fund transfer will not be needed in 2014…this amount is $52,301 less than the 2013
transfer
The Solid Waste Fund continues to have an insufficient fund balance
The total fund expense for 2014 is $614,652, a $4,749 decrease from 2013, a 0.07% decrease A decrease in tonnage collection, benefits and debt is driving the increased costs of the fund
Paper Bags only for yard waste collection
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Capital Funds: With budgeted authorized capital projects and the debt principal payments scheduled for 2014
we should make some progress on our goal to reduce the debt load The total 2014 Capital Expenditure is budgeted at $4,404,500 as compared to 2013 of $13,693,978 The 2014 CHIPS capital program is $436,000, but will be used by outside contractors…we will also use in-house city forces instead of an outside contractor for the Old Elmira Road construction project
Our plan to continue to move equipment acquisitions from capital borrowing to the General Fund
will again be slowed in 2014 due to the negative economic situation of the budget…we continue to limit
our replacement of machinery, vehicles or equipment…this will become a problem if done too many years in a row The net city bonded cost for 2014 is $3,959,250 after funding from other sources is received
The Commons reconstruction project is underway and is the reason for the large amount of capital
expenses authorized in 2013…much of that project will be reimbursed by State and Federal funds
It still remains a good time to borrow with the low interest rate market, but it’s important to reduce the overall debt load for the city because at some point the interest rates will start increasing
City of Ithaca
Summary of Revenue Actual/Projections
2011-201710/1/20134:28 PM
2014revsgood 10/1/2013 City of Ithaca Page 11
DESCRIPTION ACCOUNT NO.COLLEGETOWN ASSES.A1022
COMMONS ASSES.A1003
BID ASSESSMENT A1004
UNNEEDED RESERVE FOR TAXES A1050
PAYMENTS IN LIEU OF TAX A1081INT. & PEN. ON TAXES A1090PENALTIES ON ASSES.A1091 PROPERTY TAX ITEMS
SALES & USE TAX A1101
UTILITIES GROSS REC. TAX A1131
FRANCHISES A1170 NON-PROPERTY TAX ITEMSCITY CHAMBERLAIN FEES A1230TAX SALE ADVERTISING A1235
CITY CLERK FEES A1255
Other General Dept Income A1289
POLICE DEPT. FEES A1520DOG CONTROL FEES A1550SAFETY INSPEC. FEES A1560Electical Inspections A1561
FIRE INSPEC. FEES A1565
PUBLIC WORKS SERVICES A1710
PARKING LOTS & GARAGES A1720
Cayuga GarageMETERED PARKING A1740BUS OPERATIONS A1750
NORTHEAST TRANSIT A1751
TRANSPORTATION FEES
PARKS & REC. CHARGES A2001
REC. CONCESSION A2012GOLF COURSE CONCESSIONS A2013GOLF COURSE PRO SHOP A2014STEWART PARK CAROUSEL A2015
BEACH & POOL CHARGES A2025
ALEX HALEY POOL CHARGES A2026
GOLF COURSE CHARGES A2050Golf Course Memberships A2051ICE RINK CHARGES A2065CONTRIBUTIONS FOR YOUTH A2070
RECREATION PROGRAM FEES
ZONING FEES A2110
SITE DEVEL. FEES A2111SUBDIVISION & SIGN FEES A2112OTHER HOME & COMMUNITY SERVICES A2189CEMETERY SERVICES A2192
HOME & COMMUNITY SERVICE FEES
CIVIL SERVICE CHARGES A2220
PUBLIC SAFETY SERVICE A2260
TRANSIT PROGRAM REIMBURSEMENT A2261FIRE PROTECTION SERVICE A2262PUBLIC WORKS SERVICES A2300
DWI PROGRAM TO. CO.A2310
YOUTH SERVICES Other Governments A2350
INTERGOVERNMENTAL CHARGES A2375
BENEFIT REIMBURSEMENT OTHER A2376COUNTY CONRTIBUTION / CELEBRATIONS A2379
Adopted Adopted Adopted PROJECTED PROJECTED PROJECTED PROJECTED
2011 2011 2012 2012 2013 2014 2015 2016 2017BUDGETACTUALBUDGETACTUALBUDGETBUDGETBUDGETBUDGETBUDGET-$ -$ -$ -$ -$ -$ -$
360,000$ 472,160$ 380,000$ 490,425$ 465,000$ 495,000$ 514,800$ 535,392$ 556,808$ 175,000$ 244,922$ 208,000$ 231,747$ 235,000$ 240,000$ 247,200$ 254,616$ 262,254$ 1,000$ 2,317$ 1,500$ 1,239$ 2,000$ 2,500$ 1,000$ 1,000$ 1,000$ 536,000$ 719,399$ 589,500$ 723,411$ 702,000$ 737,500$ 763,000$ 791,008$ 820,062$
12,289,000$ 12,414,740$ 12,580,000$ 12,582,768$ 12,940,806$ 13,123,000$ 13,336,690$ 13,556,791$ 13,783,494$
330,000$ 308,135$ 315,000$ 266,123$ 310,000$ 300,000$ 306,000$ 312,120$ 318,362$
208,000$ 212,108$ 220,000$ 200,002$ 210,000$ 201,000$ 203,010$ 205,040$ 207,091$ 538,000$ 520,243$ 535,000$ 466,125$ 520,000$ 501,000$ 509,010$ 517,160$ 525,453$ 67,000$ 85,623$ 80,000$ 76,094$ 85,000$ 83,000$ 83,000$ 83,000$ 83,000$ 1,500$ 3,380$ 1,500$ 2,050$ 3,000$ 2,500$ 2,500$ 2,500$ 2,500$
22,000$ 29,367$ 30,000$ 29,770$ 30,000$ 30,000$ 30,000$ 30,000$ 30,000$
5,000$ 2,624$ 4,700$ 8,410$ 8,000$ 8,000$ 8,000$ 8,000$ 8,000$ 700$ -$ 700$ -$ 100$ 100$ 100$ 100$ 100$ 90,000$ 149,680$ 163,000$ 149,975$ 210,000$ 153,000$ 156,825$ 160,746$ 164,764$ 45,000$ 68,043$ 68,000$ 93,082$ 92,000$ 125,000$ 128,125$ 131,328$ 134,611$
32,000$ 37,802$ 17,450$ 31,727$ 54,971$ 57,000$ 59,280$ 61,651$ 64,117$
170,000$ 278,259$ 173,000$ 151,066$ 173,000$ 85,000$ 175,000$ 175,000$ 175,000$
1,315,000$ 1,225,608$ 1,195,000$ 1,116,450$ 1,166,500$ 1,526,900$ 1,542,169$ 1,557,591$ 1,573,167$
-$ -$ -$ -$ -$ -$ -$ 760,000$ 845,669$ 810,000$ 892,630$ 893,000$ 970,000$ 890,000$ 900,000$ 900,000$ -$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$
2,508,200$ 2,726,055$ 2,543,350$ 2,551,254$ 2,715,571$ 3,040,500$ 3,074,999$ 3,109,916$ 3,135,259$
381,541$ 352,669$ 430,279$ 380,137$ 410,298$ 504,555$ 509,601$ 514,697$ 519,844$
72,500$ 73,040$ 75,000$ 72,630$ 75,000$ 94,000$ 94,940$ 95,889$ 96,848$ 500$ 1,363$ 1,000$ 4,000$ 1,000$ 2,000$ 2,000$ 2,000$ 2,000$ 11,000$ 5,817$ 10,000$ 8,419$ 8,000$ 12,000$ 11,500$ 11,500$ 11,500$ 10,500$ 11,567$ 10,500$ 7,089$ 10,000$ 9,000$ 9,500$ 9,500$ 9,500$
55,000$ 61,276$ 62,000$ 64,487$ 63,500$ 65,000$ 65,650$ 66,307$ 66,970$
5,000$ 5,758$ 5,000$ 8,318$ 6,000$ 6,700$ 6,700$ 6,700$ 6,700$
191,000$ 109,515$ 185,000$ 99,543$ 104,000$ 106,000$ 107,060$ 108,131$ 109,212$ -$ -$ -$ 49,484$ 68,000$ 70,000$ 70,700$ 71,407$ 72,121$ 189,000$ 192,173$ 195,000$ 193,490$ 193,500$ 193,500$ 199,305$ 205,284$ 211,443$ 162,420$ 190,343$ 200,619$ 203,340$ 232,671$ 248,425$ 255,878$ 263,554$ 271,461$
1,078,461$ 1,003,521$ 1,174,398$ 1,090,937$ 1,171,969$ 1,311,180$ 1,332,833$ 1,354,968$ 1,377,598$
5,000$ 4,600$ 4,000$ 3,150$ 4,200$ 4,300$ 4,429$ 4,562$ 4,699$
20,000$ 78,876$ 20,000$ 114,971$ 75,000$ 102,000$ 20,000$ 20,000$ 20,000$ 1,000$ 1,116$ 700$ 2,027$ 1,300$ 1,500$ 1,000$ 1,000$ 1,000$ 100$ 666$ 700$ 111$ 200$ 100$ 100$ 100$ 100$ 1,500$ -$ 1,000$ -$ 500$ 500$ 1,500$ 1,500$ 1,500$
27,600$ 85,258$ 26,400$ 120,259$ 81,200$ 108,400$ 27,029$ 27,162$ 27,299$
52,000$ 56,023$ 56,000$ 57,911$ 57,000$ 63,000$ 64,890$ 66,837$ 68,842$
6,000$ 3,687$ 5,000$ 616$ 93,650$ 4,000$ 1,800$ 1,800$ 1,800$
-$ -$ -$ -$ -$ -$ -$ -$ -$ 3,177,500$ 3,160,746$ 3,135,000$ 3,064,897$ 3,130,000$ 3,190,000$ 3,269,750$ 3,351,494$ 3,435,281$ 129,886$ 124,183$ 129,886$ 124,183$ 124,182$ 124,182$ 124,182$ 124,182$ 124,182$
12,000$ 14,107$ 12,000$ 14,758$ 12,000$ 14,000$ 14,000$ 14,000$ 14,000$
691,870$ 681,064$ 627,000$ 622,346$ 606,145$ 649,497$ 662,487$ 675,737$ 689,251$
-$ -$ -$ -$ -$ -$ -$ -$ -$
500$ 4,980$ 2,000$ 2,315$ 2,500$ 3,000$ 3,075$ 3,152$ 3,231$ -$ 9,450$ -$ 13,895$ -$ -$ -$ -$ -$
City of Ithaca
Summary of Revenue Actual/Projections
2011-201710/1/20134:28 PM
2014revsgood 10/1/2013 City of Ithaca Page 12
DESCRIPTION ACCOUNT NO.INTEREST & EARNINGS A2401
RENTAL OF PROPERTY A2410
RENT OF EQUIPMENT A2414
GOLF CART RENTAL A2415
TELEPHONE COMMISSION A2450 USE OF MONEY & PROPERTYBUSINESS & OCC. LICENSES A2501BINGO LIC. AND FEES A2540
DOG LICENSES A2542
BICYCLE LICENSES A2545
PUBLIC SAFETY PERMITS A2550BUILDING & ALTER. PERMIT A2555STREET OPEN PERMITS A2560OTHER PERMITS A2590
LICENSES & PERMIT FEES
FINES & FORFEITED BAIL A2610
DOG FINES A2611 FINES & FORFEITURESMINOR SALES A2655SALE OF PROPERTY A2660
SALE OF EQUIPMENT A2665
INSURANCE RECOVERIES A2680
OTHER COMP. FOR LOSS A2690
SALE OF PROP. & COMP. FOR LOSSREFUND OF PRIOR YR. EXP.A2701GIFTS & DONATIONS A2705
CONT. LOW & MOD. HOUSING A2706
UNCLASSIFIED REVENUES A2770
MISCELLANEOUS
TRANS. FROM WATER FUND A2801TRANS. FROM SEWER FUND A2802TRANS. FROM CAPITAL FUND A2803TRANS. FROM JOINT ACTIVITY A2804
TRANS. FROM SOLID WASTE A2805
TRANS. FROM T & A FUND A2807
TRANS. FROM DEBT SERVICE A2808 INTERFUND REVENUESSTATE AID PER CAPITA A3001STATE AID - MORTGAGE TAX A3005
STATE AID - COURT FACILITY A3021
STATE AID - STAR PROGRAM A3089
STATE AID - RECORDS MANAGE. A3060STATE AID - SECURITY SERVICE A3330STATE AID - PUBLIC SAFETY A3389STATE AID - OTHER HEALTH A3489
STATE AID - C.H.I.P.S A3501
STATE AID - STAR PROGRAM REIMB.A3589
STATE AID - OTHER A3801
STATE AID YOUTH PROGRAM A3820STATE AID - HOME & COM. SER. \ STATE AID A3989STATE AID- CODE ENFORCEMENT A3995 STATE AID
FEDERAL AID - PUBLIC SAFETY A4320
FEDERAL AID-DRUG COURT/DOMIST. VIOL.A4350
FEDERAL AID- PUBLIC SAFETY OTHER A4389
Adopted Adopted Adopted PROJECTED PROJECTED PROJECTED PROJECTED
2011 2011 2012 2012 2013 2014 2015 2016 2017BUDGETACTUALBUDGETACTUALBUDGETBUDGETBUDGETBUDGETBUDGET200,000$ 31,052$ 100,000$ 20,898$ 75,000$ 75,000$ 300,000$ 300,000$ 300,000$
231,000$ 214,865$ 233,310$ 228,918$ 250,000$ 250,000$ 252,500$ 255,025$ 257,575$
-$ -$ -$ -$ -$ -$ -$ -$
45,000$ 27,901$ 46,000$ 56,085$ 48,500$ 50,000$ 50,000$ 50,000$ 50,000$
-$ -$ -$ -$ -$ -$ -$ -$ -$ 4,545,756$ 4,328,058$ 4,346,196$ 4,206,822$ 4,398,977$ 4,422,679$ 4,742,684$ 4,842,226$ 4,944,162$ 800$ 275$ 800$ 377$ 700$ 500$ 500$ 500$ 500$ 200$ 19$ 200$ 51$ 50$ 50$ 50$ 50$ 50$
10,800$ 16,477$ 16,000$ 13,941$ 16,000$ 13,500$ 17,000$ 17,000$ 17,000$
50$ -$ 50$ -$ -$ -$ -$ -$ -$
7,000$ 7,183$ 7,000$ 7,768$ 9,700$ 10,000$ 10,000$ 10,000$ 10,000$ 430,000$ 279,976$ 385,000$ 890,413$ 819,283$ 700,000$ 500,000$ 500,000$ 275,000$ 1,000$ 5,097$ 1,500$ 6,797$ 5,000$ 5,000$ 5,000$ 5,000$ 5,000$ 20,000$ 41,477$ 35,700$ 48,490$ 50,000$ 50,000$ 50,000$ 50,000$ 50,000$
469,850$ 350,504$ 446,250$ 967,837$ 900,733$ 779,050$ 582,550$ 582,550$ 357,550$
1,120,000$ 1,143,641$ 1,205,000$ 1,136,988$ 1,190,000$ 1,170,000$ 1,181,700$ 1,193,517$ 1,205,452$
1,500$ -$ 10,000$ -$ 1,000$ -$ 1,000$ 1,000$ 1,000$ 1,121,500$ 1,143,641$ 1,215,000$ 1,136,988$ 1,191,000$ 1,170,000$ 1,182,700$ 1,194,517$ 1,206,452$ 3,000$ 8,000$ 4,000$ 11,366$ 7,000$ 9,000$ 4,000$ 4,000$ 4,000$ 18,000$ 101,022$ 143,000$ 18,817$ 250,000$ 215,000$ 18,000$ 18,000$ 18,000$
20,000$ 18,889$ 27,000$ 8,252$ 18,000$ 20,000$ 15,000$ 15,000$ 15,000$
32,000$ 106,172$ 40,000$ 113,868$ 80,000$ 130,000$ 80,000$ 50,000$ 50,000$
3,000$ 452$ 3,000$ 2,001$ 1,500$ 1,500$ 1,500$ 1,500$ 1,500$
76,000$ 234,535$ 217,000$ 154,304$ 356,500$ 375,500$ 118,500$ 88,500$ 88,500$ 35,000$ 34,517$ 25,000$ 74,493$ 30,000$ 33,000$ 20,000$ 20,000$ 20,000$ 1,201,611$ 1,215,090$ 1,237,475$ 1,274,289$ 1,255,176$ 1,288,028$ 1,313,789$ 1,340,064$ 1,366,866$
4,000$ 4,347$ 2,000$ 976$ 2,000$ 750$ -$ -$ -$
10,000$ 35,663$ 10,000$ 19,376$ 10,000$ 15,000$ 10,000$ 10,000$ 10,000$
1,250,611$ 1,289,617$ 1,274,475$ 1,369,134$ 1,297,176$ 1,336,778$ 1,343,789$ 1,370,064$ 1,396,866$
339,295$ 339,295$ 329,116$ 329,116$ 312,000$ 306,000$ 309,060$ 312,151$ 315,272$ 389,373$ 389,373$ 377,692$ 377,692$ 366,000$ 360,000$ 363,600$ 367,236$ 370,908$ 400,000$ 400,000$ 653,000$ 100,000$ 600,000$ 200,000$ 200,000$ 200,000$ 300,000$ 298,401$ 298,401$ 301,430$ 301,430$ 284,143$ 282,294$ 289,351$ 296,585$ 304,000$
-$ -$ -$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$ -$ -$
633,300$ 633,300$ 302,354$ 302,354$ 244,109$ 496,208$ 150,000$ 150,000$ 150,000$ 2,060,370$ 2,060,369$ 1,963,592$ 1,410,592$ 1,806,252$ 1,644,502$ 1,312,011$ 1,325,972$ 1,440,180$ 2,559,000$ 2,610,398$ 2,559,000$ 2,610,398$ 2,610,398$ 2,610,398$ 2,610,398$ 2,610,398$ 2,610,398$ 262,340$ 328,872$ 350,000$ 536,932$ 390,000$ 360,000$ 250,000$ 250,000$ 250,000$
90,000$ 89,912$ 140,000$ 94,101$ 90,000$ 85,000$ 87,125$ 89,303$ 91,536$
-$ -$ -$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 10,000$ 19,440$ 10,000$ 9,900$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ -$ -$ -$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$ -$ -$
-$ -$ -$ 21,667$ -$ -$ -$ -$ -$
134,071$ 133,871$ 137,186$ 157,475$ 125,335$ 129,861$ 135,147$ 135,147$ 135,147$ -$ 16,090$ -$ 71,696$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 3,055,411$ 3,198,583$ 3,196,186$ 3,502,169$ 3,225,733$ 3,195,259$ 3,092,670$ 3,094,848$ 3,097,081$
15,000$ 54,480$ 15,000$ 18,051$ 15,000$ 15,000$ 15,000$ 15,000$ 15,000$
-$ -$ -$ -$ -$ -$ -$ -$ -$
-$ 125,123$ -$ -$ -$ -$ -$ -$ -$
City of Ithaca
Summary of Revenue Actual/Projections
2011-201710/1/20134:28 PM
2014revsgood 10/1/2013 City of Ithaca Page 13
DESCRIPTION ACCOUNT NO.FEDERAL AID- PUBLIC SAFETY HEALTH A4489
FEDERAL AID - YOUTH PROG.A4820
FEDERAL AID - TRANSPORTATION A4589
FEDERAL AID- DISASTER ASSISTANCE A4960
FEDERAL AID- Other Home & Comm Services A4989FEDERAL AID- Other Home & Comm Services A4991 FEDERAL AID SUB - TOTAL
PROPERTY TAX REVENUE(Tax Levy)
TOTAL REVENUE
% increase(decrease) OVER PREVIOUS YEAR
ASSESSED VALUE AT BUDGET ADOPTION
Southwest Development % increaseNET % increase(reduction) from PREVIOUS YEARTAX RATE PER $1000
Projected Increase in Tax Rate over 4 yrs of 1.00%, 1, 1, 1
Adopted Adopted Adopted PROJECTED PROJECTED PROJECTED PROJECTED
2011 2011 2012 2012 2013 2014 2015 2016 2017BUDGETACTUALBUDGETACTUALBUDGETBUDGETBUDGETBUDGETBUDGET-$ -$ -$ -$ -$ -$ -$ -$
-$ 86,967$ -$ 142,198$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 15,000$ 266,570$ 15,000$ 160,249$ 15,000$ 15,000$ 15,000$ 15,000$ 15,000$ 29,571,759$ 30,341,093$ 30,122,347$ 30,442,849$ 31,322,917$ 31,760,348$ 31,433,465$ 31,870,682$ 32,214,956$
18,844,225$ 18,984,427$ 19,562,775$ 19,565,035$ 20,097,901$ 20,515,312$ 21,238,477$ 21,665,370$ 22,100,844$
48,415,984$ 49,325,520$ 49,685,122$ 50,007,884$ 51,420,818$ 52,275,660$ 52,671,942$ 53,536,052$ 54,315,801$
0.02502$ 0.02621$ 0.03493$ 0.01662$ 0.00758$ 0.01641$ 0.01456$
1,492,021,006 1,512,975,624$ 1,536,536,783$ 1,563,667,095$ 1,602,758,772$ 1,618,786,360$ 1,634,974,224$
.75% INCR. ASSES.1.76% Incr. Asses.1.56% Incr. Asses.1.77% Incr. Asses2.5% INCR. ASSES1% INCR. ASSES.1% INCR. ASSES.$12.63/$1000 $12.93/$1000 $13.08/$1000 $13.12/$1000 $13.34/$1000 $13.47/$1000 $13.61/$1000
12.6300$ 12.9300$ 13.0800$ 13.1200$ 13.2512$ 13.3837$ 13.5175$
City of Ithaca
Summary of Expenses Actual/Projections
2011-201710/1/20134:02 PM
2014expgood 10/1/2013 City of Ithaca Page 14
ACCOUNT NO.#
LEGISLATIVE A1010
HUMAN SERVICE AGENCIES A1011
OTHER SERVICE AGENCIES A1012
HUMAN SERVICES COALITION A1013TCADA1014
Community Police Board A1015
CITY PROSECUTER A1110
DRUG COURT A1111DRUG FREE COMMUNITY PROGRAM
FINANCE (Controller's Office)A1315
PURCHASING A1345
CLERK'S OFFICE A1316 ELECTIONS A1450
RECORDS MANAGEMENT-Clerk A1460 RECORDS MANAGEMENT-Planning A1461
CHAMBERLAIN'S OFFICE A1317
TRAFFIC VIOLATIONS A1130
HUMAN RESOURCES A1430
INFORMATION SERVICES A1320
MAYOR'S OFFICE A1210
CITY ATTORNEY A1420
CITY HALL BUILDING COSTS COMBINED
GENERAL GOVERNMENT
UNDISTRIBUTED INSURANCE A1910
MUNICIPAL ASSOC. DUES A1920JUDGEMENT AND CLAIMS A1930
TAXES ON CITY PROPERTY A1950
REFUND OF PROP. TAXES A1964PROVISION OF UNCOLL. TAXES A1984
MISCELLANEOUS A1989
CONTINGENCY A1990Payment to County for Dispatchers(one-time)
PUBLIC WORKS DEPT. PUBLIC WORKS ADMIN.:
ENGINEERING A1440
PUBLIC WORKS ADMIN A1490 STREETS ADMIN.A5010
BLDG. SYSTEMS A1620
CITY HALL A1621 CITY COURT A1627
BT-GLASS A1628
TRAFFIC CONTROL:
Adopted ACTUAL Adopted ACTUAL Adopted PROJECTED PROJECTED PROJECTED PROJECTED
2011 2011 2012 2012 2013 2014 2015 2016 2017BUDGETBUDGETBUDGETBUDGETBUDGETBUDGETBUDGET
116,750$ 112,649$ 111,135$ 122,144$ 112,142$ 110,210$ 112,370$ 114,573$ 116,818$
-$ 5,774$ -$ 6,885$ -$ -$ -$ -$ -$
38,740$ 38,740$ 37,000$ 37,000$ 34,040$ 33,360$ 38,740$ 38,740$ 38,740$ 17,776$ 17,776$ 16,887$ 16,887$ 15,500$ 15,190$ 17,776$ 17,776$ 17,776$
9,000$ 8,430$ 8,000$ 4,375$ 2,000$ 1,500$ 1,515$ 1,530$ 1,545$
-$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$
400,204$ 392,580$ 378,058$ 400,803$ 387,102$ 394,584$ 402,476$ 410,525$ 418,736$
-$ -$ -$ -$ -$ -$ -$
179,858$ 201,870$ 202,985$ 205,772$ 338,435$ 363,802$ 371,078$ 378,500$ 386,070$ -$ -$ -$ -$ -$ -$ -$
5,000$ 5,395$ 4,800$ 5,837$ 3,000$ 4,000$ 3,000$ 3,000$ 3,000$
329,881$ 344,472$ 347,905$ 346,583$ 352,869$ 371,287$ 378,713$ 386,287$ 394,013$
142,988$ 143,883$ 145,962$ 146,536$ 148,053$ 153,934$ 157,013$ 160,153$ 163,356$
471,205$ 498,683$ 447,805$ 467,548$ 444,688$ 444,236$ 453,121$ 462,183$ 471,427$
497,503$ 543,571$ 455,784$ 457,666$ 358,404$ 255,493$ 260,603$ 265,815$ 271,131$
111,947$ 110,064$ 110,825$ 109,312$ 113,815$ 194,069$ 197,950$ 201,909$ 205,948$
348,847$ 386,449$ 347,655$ 363,280$ 369,373$ 373,213$ 380,677$ 388,291$ 396,057$
-$ -$ -$ -$ -$ -$ -$
495,130$ 477,461$ 516,000$ 529,793$ 593,600$ 780,000$ 842,400$ 909,792$ 982,575$
4,200$ 4,193$ 4,236$ 4,236$ 4,367$ 4,367$ 4,502$ 4,642$ 4,786$ 25,000$ 2,616$ 40,000$ 433,146$ 40,000$ 70,000$ 60,000$ 50,000$ 40,000$
4,700$ 11,637$ 7,500$ 8,774$ 8,000$ 8,500$ 8,755$ 9,018$ 9,288$
-$ 8,578$ -$ 6,176$ -$ -$ -$ -$ -$ 15,500$ 5,069$ 17,000$ 3,829$ 17,500$ 17,500$ 18,025$ 18,566$ 19,123$
26,421$ 41,873$ 35,000$ 142,085$ 40,000$ 41,000$ 41,410$ 41,824$ 42,242$
170,000$ -$ 170,000$ -$ 374,939$ 315,000$ 315,000$ 315,000$ 315,000$
396,209$ 399,005$ 398,833$ 399,998$ 349,906$ 345,100$ 352,002$ 359,042$ 366,223$
160,003$ 166,102$ 162,502$ 160,475$ 148,409$ 151,334$ 154,361$ 157,448$ 160,597$ 253,403$ 284,978$ 248,974$ 244,986$ 304,520$ 298,832$ 304,809$ 310,905$ 317,123$
398,033$ 282,353$ 344,348$ 213,344$ 316,342$ 313,891$ 320,169$ 326,572$ 333,104$
-$ -$ -$ -$ -$ -$ -$ 85,510$ 54,035$ 74,856$ 55,730$ 69,337$ 67,529$ 68,880$ 70,257$ 71,662$
-$ -$ -$ -$ -$ -$ -$
City of Ithaca
Summary of Expenses Actual/Projections
2011-201710/1/20134:02 PM
2014expgood 10/1/2013 City of Ithaca Page 15
ACCOUNT NO.#
TRAFFIC CONTROL A3311
TRAFFIC SIGNALS A3312 TRANSPORTATION MAINT.
MAINT. OF ROADS A5111
ST. & RD. PATCHING A5112 SURFACE TREATMENT A5113
BRIDGE MAINT.A5120 STREET LIGHTING A5182
SNOW REMOVAL A5142
STREET CLEANING A8170 STORM SEWER MAINT.A8141
GARAGE A5132
COMMONS/SIDEWALKS SIDEWALKS A5410
COMMONS MAINT.A5411
TRANSIT SYSTEM BUS OPERATION A5630
NORTHEAST TRANSIT A5631 PARKING SYSTEMS
West End Parking Lot A5650
LOT D A5651 SENECA ST. RAMP A5652
GREEN ST. RAMP A5653
DRYDEN RD. RAMP A5654 Cayuga Garage A5655
Parking Administration A5656
Fin. Assistance Cayuga Garage A5655-5435 PARKS SYSTEMS
PARKS & FORESTRY A7111
STEWART PARK A7112 SIX MILE CREEK A7113
STEWART PARK CAROUSEL A7114 BEACH & POOLS A7181
CASS PARK POOL & RINK A7182
CASS PARK FIELDS A7183 GOLF COURSE A7250
REFUSE & GARBAGE *A8160
RECYCLING PROGRAM *A8161 FLOOD & EROSION CONTROL
FALL CREEK STATION A8142
Stormwater A8597 FLOOD CONTROL A8745
CITY CEMETERY A8810
TOTAL PUBLIC WORKS
POLICE DEPT. A3120
FIRE DEPT. A3410
CONTROL OF DOGS A3510
Adopted ACTUAL Adopted ACTUAL Adopted PROJECTED PROJECTED PROJECTED PROJECTED
2011 2011 2012 2012 2013 2014 2015 2016 2017BUDGETBUDGETBUDGETBUDGETBUDGETBUDGETBUDGET
127,064$ 133,728$ 133,795$ 138,101$ 134,685$ 134,725$ 137,420$ 140,168$ 142,971$
207,821$ 152,523$ 168,944$ 152,675$ 164,030$ 166,677$ 170,011$ 173,411$ 176,879$
988,450$ 991,923$ 1,072,308$ 931,771$ 968,048$ 910,255$ 948,460$ 987,429$ 1,027,178$
43,241$ 119,437$ 56,471$ 103,902$ 61,721$ 93,970$ 95,849$ 97,766$ 99,722$ -$ -$ -$ -$ -$ -$ -$
90,610$ 93,827$ 102,459$ 95,628$ 103,867$ 103,910$ 105,988$ 108,108$ 110,270$ 365,000$ 336,301$ 367,000$ 331,110$ 360,000$ 345,000$ 355,350$ 366,011$ 376,991$
222,972$ 248,496$ 215,529$ 129,918$ 181,472$ 202,811$ 206,867$ 211,005$ 215,225$
160,728$ 163,481$ 156,835$ 130,948$ 175,960$ 175,769$ 179,284$ 182,870$ 186,527$ 82,301$ 54,679$ 89,142$ 69,972$ 111,767$ 113,213$ 115,477$ 117,787$ 120,143$
437,592$ 500,966$ 502,723$ 466,201$ 469,954$ 517,041$ 527,382$ 537,929$ 548,688$
226,726$ 166,537$ 239,079$ 132,122$ 221,175$ 131,218$ 138,842$ 146,619$ 154,552$
146,335$ 163,451$ 157,429$ 156,777$ 162,343$ 163,587$ 166,859$ 170,196$ 173,600$
524,312$ 524,649$ 525,412$ 524,435$ 524,912$ 524,932$ 540,680$ 556,900$ 573,607$
-$ -$ -$ -$ -$ -$ -$
-$ 334$ -$ -$
1,800$ 2,228$ 1,850$ 1,707$ 1,850$ 1,800$ 1,836$ 1,873$ 1,910$ 165,166$ 188,900$ 171,479$ 196,239$ 179,067$ 204,141$ 208,224$ 212,388$ 216,636$
152,021$ 165,075$ 191,287$ 174,145$ 200,832$ 180,784$ 184,400$ 188,088$ 191,849$
184,758$ 227,489$ 208,606$ 231,738$ 208,938$ 232,157$ 236,800$ 241,536$ 246,367$ -$ -$ -$ -$ -$ -$ -$
88,220$ 89,984$ 91,784$ 93,620$
870,000$ 870,000$ 840,000$ 840,000$ 840,000$ 960,000$ 960,000$ 980,000$ 980,000$
433,231$ 480,746$ 466,149$ 463,506$ 437,760$ 466,932$ 476,271$ 485,796$ 495,512$
101,640$ 112,074$ 95,575$ 125,071$ 112,079$ 113,441$ 115,710$ 118,024$ 120,384$ 9,900$ 7,976$ 9,405$ 9,182$ 8,864$ 14,660$ 14,953$ 15,252$ 15,557$
10,550$ 8,987$ 10,023$ 6,373$ 10,023$ 15,527$ 15,838$ 16,154$ 16,477$ -$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$ 251,126$ 199,731$ 241,791$ 218,506$ 207,600$ 211,926$ 216,165$ 220,488$ 224,898$
-$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$
6,000$ 2,797$ 5,700$ 1,998$ 3,000$ 2,950$ 3,009$ 3,069$ 3,131$
-$ -$ -$ -$ 25,000$ 25,000$ 25,000$ 43,501$ 11,610$ 43,673$ 338$ 44,488$ 42,774$ 43,629$ 44,502$ 45,392$
11,250$ 3,761$ 10,688$ 2,160$ 10,363$ 8,485$ 8,655$ 8,828$ 9,004$
7,216,583$ 7,423,943$ 7,105,198$ 7,247,317$ 6,925,925$ 6,903,229$ 7,041,294$ 7,182,119$ 7,325,762$
6,321,830$ 6,217,058$ 5,945,349$ 5,844,511$ 5,995,757$ 5,991,427$ 6,171,170$ 6,356,305$ 6,546,994$
82,788$ 77,597$ 74,172$ 72,000$ 63,175$ 62,875$ 67,261$ 71,779$ 76,432$
City of Ithaca
Summary of Expenses Actual/Projections
2011-201710/1/20134:02 PM
2014expgood 10/1/2013 City of Ithaca Page 16
ACCOUNT NO.#
BUILDING DEPT.A3620
CONTRIBUTION TO BID(IDP)A6995
YOUTH BUREAU: YOUTH BUREAU A7310
GIAC A7311
SOUTHSIDE CENTER-Maint A7312
SSCC funding A7312-5435CELEBRATIONSA7550
PLANNING & DEVELOPMENT A8020
COMMONS ADVISORY A8510
LOW & MOD. INCOME HOUSING A8515
ENERGY COMM.A8570
STATE EMPLOYEES RETIREMENT A9010
POLICE&FIRE RETIREMENT A9015
SOCIAL SECURITY/Medicare A9030
WORKERS COMPENSATION A9040
UNEMPLOYMENT INSURANCE A9050
HEALTH INSURANCE A9060
DENTAL INSURANCE A9070
DAY CARE PROGRAM A9080
SUPP. BENEFIT DISABLED FIRE A9085
UNDISTRIBUTED BENEFITS ABSENCES A9088
EMPLOYEE TUITION A9089
SERIAL BONDS A9710
INT. ON SERIAL BONDS A9711
STATUTORY INSTALL. BONDS A9720
STATUTORY INSTALL. INT.A9721
BOND ANTICIPATION NOTES A9730
BOND ANTICIPATION NOTE INT.A9731
Adopted ACTUAL Adopted ACTUAL Adopted PROJECTED PROJECTED PROJECTED PROJECTED
2011 2011 2012 2012 2013 2014 2015 2016 2017BUDGETBUDGETBUDGETBUDGETBUDGETBUDGETBUDGET
959,417$ 888,701$ 922,953$ 915,251$ 954,392$ 935,966$ 954,685$ 973,779$ 993,255$
61,000$ 61,000$ 61,000$ 61,000$ 61,000$ 61,000$ 61,000$ 61,000$ 61,000$
2,847,398$ 3,012,254$ 2,999,934$ 3,074,277$ 2,816,128$ 2,969,311$ 3,058,390$ 3,150,142$ 3,244,646$
1,038,093$ 1,249,690$ 1,184,340$ 1,205,197$ 1,168,674$ 1,256,889$ 1,294,596$ 1,333,434$ 1,373,437$
64,731$ 97,283$ 66,665$ 80,378$ 67,867$ 71,500$ 72,930$ 74,389$ 75,876$
163,408$ 163,408$ 163,408$ 163,408$ 150,335$ 147,350$ 150,297$ 153,303$ 156,369$ -$ -$ -$ -$ -$ -$ -$
524,416$ 500,362$ 498,445$ 498,184$ 528,817$ 507,773$ 517,928$ 528,287$ 538,853$
-$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$
-$ -$ -$ -$ -$ -$ -$
1,019,508$ 997,060$ 1,310,000$ 1,342,643$ 1,586,740$ 1,703,308$ 1,703,308$ 1,703,308$ 1,703,308$
2,332,741$ 2,332,741$ 2,907,000$ 2,644,002$ 3,200,552$ 2,967,259$ 2,967,259$ 2,967,259$ 2,967,259$
1,704,321$ 1,614,754$ 1,727,014$ 1,601,402$ 1,684,995$ 1,720,604$ 1,772,222$ 1,825,389$ 1,880,150$
578,767$ 585,046$ 640,000$ 726,849$ 688,194$ 790,658$ 830,191$ 871,700$ 915,285$
55,000$ 71,276$ 65,437$ 72,307$ 80,000$ 75,000$ 73,000$ 73,000$ 73,000$
6,935,856$ 7,311,363$ 7,406,696$ 7,345,830$ 7,876,140$ 8,668,012$ 9,101,413$ 9,556,483$ 10,034,307$
104,000$ 95,308$ 102,000$ 94,132$ 96,000$ 95,000$ 97,850$ 100,786$ 103,809$
60,000$ 40,302$ 53,000$ 43,306$ 40,000$ 43,000$ 43,430$ 43,864$ 44,303$
95,022$ 113,780$ 123,151$ 137,083$ 138,641$ 144,560$ 148,897$ 153,364$ 157,965$
10,000$ 20,692$ 15,000$ 14,577$ 17,000$ 17,000$ 17,510$ 18,035$ 18,576$
2,645,484$ 2,645,484$ 3,116,679$ 3,116,679$ 3,177,010$ 3,485,754$ 3,590,327$ 3,698,036$ 3,808,978$
2,598,509$ 2,598,495$ 2,082,931$ 1,952,351$ 1,882,974$ 2,266,158$ 2,334,143$ 2,404,167$ 2,476,292$
(52,000)$ 534,129$ 534,129$ 456,675$ 456,675$ 263,350$ 160,870$ 160,870$ 160,870$ 160,870$
69,042$ 69,042$ 45,820$ 45,818$ 26,146$ 15,629$ 16,098$ 16,581$ 17,078$
240,707$ 240,707$ 551,581$ 551,581$ 1,034,235$ 257,351$ 800,000$ 800,000$ 800,000$
74,323$ 74,271$ 89,864$ 89,606$ 72,753$ 62,048$ 100,000$ 103,000$ 106,090$
City of Ithaca
Summary of Expenses Actual/Projections
2011-201710/1/20134:02 PM
2014expgood 10/1/2013 City of Ithaca Page 17
ACCOUNT NO.#
Capital Lease Pricipal A9785
Capital Lease Interest A9786PAYING AGENT FEE A9795
TRANSFERS TO CAPITAL FUND A9950TRANSFER TO WATER FUND A9902
TRANSFERS TO CAPITAL RESERVE A9951TRANSFER TO SEWER FUND A9903
TRANSFERS TO SOLID WASTE A9952
TOTAL EXPENDITURES
TOTAL REVENUES
ACTUAL IMPACT ON FUND BALANCE
POTENTIAL IMPACT ON FUND BALANCE
APPROPRIATED FUND BALANCE
Spending increases Budget/Budget
Spending increases Actual/Actual
PROJECTED/Actual Surplus(Deficit)
PROJECTED CUMULATIVE Surplus(Deficit) 2012-2016
Adopted ACTUAL Adopted ACTUAL Adopted PROJECTED PROJECTED PROJECTED PROJECTED
2011 2011 2012 2012 2013 2014 2015 2016 2017BUDGETBUDGETBUDGETBUDGETBUDGETBUDGETBUDGET
173,895$ 173,894$ 177,055$ 177,055$ 180,345$ 183,765$ 220,113$ 220,113$ 220,113$
46,213$ 46,214$ 43,053$ 43,052$ 39,765$ 36,342$ -$ -$ -$ 900$ -$ 300$ -$ 100$ -$ 100$ 100$ 100$
-$
82,000$ 82,000$ 80,000$ 80,000$ 52,301$ -$ -$ 20,000$ 20,000$
49,207,984$ 49,817,796$ 50,680,122$ 50,224,194$ 51,720,450$ 52,854,474$ 54,920,567$ 56,471,921$ 58,038,537$
48,415,984$ 49,325,520$ 49,685,122$ 50,007,884$ 51,420,818$ 52,275,660$ 52,671,942$ 53,536,052$ 54,315,801$
(792,000)$ (995,000)$ (299,632)$ (578,814)$
2.12%2.99%2.05%2.19%3.91%2.82%2.77%
(0)$ (492,276)$ (0)$ (216,310)$ (0)$ 0$ (2,248,625)$ (2,935,869)$ (3,722,737)$
(8,907,230)$
City of Ithaca
Premium Equivalent Health Insurance Rates
All rates
1990-2014
Page 18
Health Insurance Rates without 3-tier RX:
Annual 2014 10,674.24$ 23,136.00$ 240.48$
Annual 2013 9,883.56$ 21,422.28$ 240.48$
Annual 2012 8,689.38$ 19,926.64$ 240.48$
Annual 2011 7,935.51$ 18,197.85$ 236.88$
Annual 2010 7,247.04$ 16,619.04$ 228.60$
Annual 2009 7,022.88$ 16,104.60$ 222.72$
Premuim equivalent:Annual 2008 5,658.48$ 12,977.16$ 213.48$
Year Individual % increase Family % Increase Dental % Increase
2014 Estimated 889.52$ 8.00%1,928.00$ 8.00%20.04$ 0%
2013 Current rates 823.63$ 13.74%1,785.19$ 7.51%20.04$ 0%
2012 724.12$ 9.50%1,660.55$ 9.50%20.04$ 2%
2011 661.29$ 9.50%1,516.49$ 9.50%19.74$ 4%
2010 603.92$ 3.19%1,384.92$ 3.19%19.05$ 3%
2009 585.24$ 24.11%1,342.05$ 24.10%18.56$ 4%
2008 471.54$ 7.20%1,081.43$ 7.20%17.79$ -4%
2007 439.88$ -3%1,008.83$ -3%18.49$ 24%
2006 453.36$ 9%1,038.13$ 9%14.90$ 0%
2005 415.93$ 8%952.41$ 8%14.90$ 23%
2004 386.55$ 14%885.14$ 14%12.08$ -7%
2003 337.60$ 22%773.05$ 22%12.96$ 3%
2002 276.72$ 20%633.65$ 20%12.58$ 0%
2001 230.60$ 10%528.04$ 10%12.58$ 0%
2000 209.64$ 5%480.03$ 5%12.58$ 2%
1999 199.66$ 5%457.18$ 5%12.28$ 7%
1998 190.15$ 6%435.41$ 5%11.44$ 4%
1997 180.10$ 5%413.29$ 5%10.96$ 0%
1996 172.09$ 3%394.44$ 3%10.96$ 5%
1995 166.60$ 0%381.84$ 0%10.40$ 0%
1994 166.56$ -3%381.76$ -3%10.40$ 0%
1993 172.07$ 3%394.38$ 3%10.40$ -8%
1992 166.57$ 104%381.78$ 104%11.30$ 3%
1991 81.68$ 5%186.92$ 5%10.96$ 0%
1990 77.86$ 178.19$ 10.96$
City of Ithaca
Tax Rate/Assessment Rate History
1991-2014
Page 19
% Increase Taxable Tax Levy (Decrease)/Increase $ Increase(Decrease)% in Assessment
In Tax Rate Year Tax Rate Assessed Value Tax Revenue Change In Assessed Value In Taxes Raised Increase(Decrease)
1991 7.29000 895,331,659.00$ 6,526,967.79$ 5.4870%1992 7.69000 881,948,351.00$ 6,782,182.82$ 3.91%(13,383,308.00)$ 255,215.03$ -1.49%
3.5371%1993 7.96200 880,120,318.00$ 7,007,517.97$ 3.32%(1,828,033.00)$ 225,335.15$ -0.21%
0.0000%1994 7.96200 873,856,600.00$ 6,957,646.25$ -0.71%(6,263,718.00)$ (49,871.72)$ -0.71%
4.6220%1995 8.33000 861,951,876.00$ 7,180,059.13$ 3.20%(11,904,724.00)$ 222,412.88$ -1.36% 3.9976%1996 8.66300 844,214,073.00$ 7,313,426.51$ 1.86%(17,737,803.00)$ 133,367.39$ -2.06%
3.2875%1997 8.94780 832,844,488.00$ 7,452,125.91$ 1.90%(11,369,585.00)$ 138,699.40$ -1.35%
3.0063%1998 9.21680 816,382,611.00$ 7,524,353.61$ 0.97%(16,461,877.00)$ 72,227.70$ -1.98%
1.0036%1999 9.30930 818,942,316.00$ 7,623,779.70$ 1.32%2,559,705.00$ 99,426.09$ 0.31% 2.0002%2000 9.49550 816,149,545.00$ 7,749,748.00$ 1.65%(2,792,771.00)$ 125,968.30$ -0.34%
3.6533%2001 9.84240 835,258,185.00$ 8,220,945.16$ 6.08%19,108,640.00$ 471,197.16$ 2.34%
4.4996%2002 10.28527 840,974,015.00$ 8,649,644.81$ 5.21%5,715,830.00$ 428,699.65$ 0.68%
13.6577%2003 11.6900$ 865,744,842.00$ 10,120,557.20$ 17.01%24,770,827.00$ 1,470,912.40$ 2.95% 9.2387%2004 12.7700$ 918,490,809.00$ 11,729,127.63$ 15.89%52,745,967.00$ 1,608,570.43$ 6.09%
3.3673%2005 13.2000$ 1,023,695,402.00$ 13,512,779.31$ 15.21%105,204,593.00$ 1,783,651.68$ 11.45%
0.4545%2006 13.2600$ 1,140,181,492.00$ 15,118,806.58$ 11.89%116,486,090.00$ 1,606,027.28$ 11.38%
2.5641%2007 13.6000$ 1,182,853,795.00$ 16,086,811.61$ 6.40%42,672,303.00$ 968,005.03$ 3.74% 3.8235%2008 14.1200$ 1,192,983,826.00$ 16,844,931.62$ 4.71%10,130,031.00$ 758,120.01$ 0.86%
-13.3853%2009 12.2300$ 1,429,887,741.00$ 17,487,527.07$ 3.81%236,903,915.00$ 642,595.45$ 19.86%
0.6541%2010 12.3100$ 1,480,922,619.00$ 18,230,157.44$ 4.25%51,034,878.00$ 742,630.37$ 3.57%
2.5995%2011 12.6300$ 1,492,021,006.00$ 18,844,225.31$ 3.37%11,098,387.00$ 614,067.87$ 0.75% 2.3753%2012 12.9300$ 1,512,975,624.00$ 19,562,774.82$ 3.81%20,954,618.00$ 718,549.51$ 1.40%
1.1601%2013 13.0800$ 1,536,536,783.00$ 20,097,901.12$ 2.74%23,561,159.00$ 535,126.30$ 1.56%
Preliminary New Roll and Tax Rate
0.3058%2014 13.1200$ 1,563,667,095.00$ 20,515,312.29$ 2.08%27,130,312.00$ 417,411.16$ 1.77%
City of Ithaca
Fund Balance/Debt Service Activity G/F
As of 9/30/13File:Budgetreserves
Page 20
Appropriated F/B Appropriated (negative)General Fund % of Oper. Total Fund % of Oper.Unassigned Per Fund Balance Results of
Year Ending Expenses Balance Expenses Fund Balance Budget Used Operations
G/F Fund Balance 12/31/1997 17.61%4,714,769$ 7.85%2,102,130$ 355,978$ 104,171$ (62,177)$
G/F Fund Balance 12/31/1998 19.65%5,402,809$ 9.38%2,580,631$ 536,623$ -$ 686,477$
G/F Fund Balance 12/31/1999 18.18%5,234,990$ 7.32%2,108,722$ 503,593$ 471,909$ (168,985)$ G/F Fund Balance 12/31/2000 14.60%4,286,718$ 4.33%1,270,059$ 704,892$ 704,892$ (772,995)$
G/F Fund Balance 12/31/2001 11.02%3,475,268$ 3.24%1,021,640$ 698,453$ 698,453$ (812,379)$
G/F Fund Balance 12/31/2002 9.30%3,003,475$ 3.97%1,280,556$ 441,650$ 441,650$ (473,485)$
G/F Fund Balance 12/31/2003 9.45%3,119,162$ 4.21%1,389,199$ -$ -$ 115,688$
G/F Fund Balance 12/31/2004 9.05%3,255,058$ 4.06%1,460,524$ -$ -$ 141,553$
G/F Fund Balance 12/31/2005 10.96%4,144,695$ 5.91%2,234,992$ -$ -$ 878,323$
G/F Fund Balance 12/31/2006 14.56%5,779,065$ 9.10%3,612,723$ -$ -$ 1,635,945$
G/F Fund Balance 12/31/2007 16.64%7,119,202$ 10.75%4,600,254$ -$ -$ 1,464,109$
G/F Fund Balance 12/31/2008 16.93%7,782,835$ 10.62%4,878,945$ 496,435$ -$ 721,437$
G/F Fund Balance 12/31/2009 16.05%7,526,612$ 8.38%3,930,990$ 492,045$ 306,633$ (467,661)$
G/F Fund Balance 12/31/2010 15.00%7,161,857$ 7.82%3,734,281$ 950,000$ 71,164$ (71,164)$
G/F Fund Balance 12/31/2011 15.29%7,618,631$ 7.07%3,522,485$ 792,000$ 492,276$ (492,276)$
G/F Fund Balance 12/31/2012 16.37%8,219,332$ 7.48%3,756,954$ 995,000$ 216,310$ (216,310)$
9/30/2013 2013 revs 36,761,325$
exp 36,141,135$
620,190$
2012 revs 50,007,884$
exp 50,224,194$
(216,310)$
2011 revs 49,325,520$
exp 49,817,796$
(492,276)$
2010 revs 47,681,315$
exp 47,752,479$ (71,164)$
2009 revs 46,432,927$
exp 46,900,588$ (467,661)$
2008 revs 46,683,032$
exp 45,961,595$ 721,437$
2007 revs 44,238,918$
exp 42,774,809$
1,464,109$ % of
2006 revs 41,325,534$ G/F Debt Service Year Expenses Amount
exp 39,689,589$ 2012 12.81%6,432,817$
1,635,945$ 2011 12.81%6,382,235$ 2010 14.20%6,779,779$
2005 revs 38,702,304$ 2009 13.10%6,144,409$
exp 37,823,981$ 2008 13.02%5,983,439$
878,323$ 2007 13.80%5,902,508$ 2006 15.05%5,973,661$
2004 revs 36,119,124$ 2005 14.33%5,419,621$
exp 35,977,571$ 2004 13.69%4,925,944$
141,553$ 2003 14.99%4,949,335$
City of Ithaca
Summary of Water and Sewer Rates
1989-2014
Page 21
Per 100 cu ft Per 100 cu ft
Year Water Rates % Change Sewer Rates % Change
1989 0.90$ 0.90$
1990 1.00$ 11%1.16$ 29%
1991 1.16$ 16%1.25$ 8%
1992 1.21$ 4%1.40$ 12%
1993 1.21$ 0%1.40$ 0%
1994 1.27$ 5%1.47$ 5%
1995 1.40$ 10%1.62$ 10%
1996 1.54$ 10%1.70$ 5%
1997 1.69$ 10%1.70$ 0%
1998 1.83$ 8%1.70$ 0%
1999 2.01$ 10%1.70$ 0%
2000 2.21$ 10%1.87$ 10%
2001 2.32$ 5%1.96$ 5%
2002 2.46$ 6%2.16$ 10%
2003 2.53$ 3%2.38$ 10%
2004 2.53$ 0%2.62$ 10%
2005 2.68$ 6% 2.80$ 7%
2006 2.76$ 3% 3.08$ 10%
2007 2.82$ 2% 3.39$ 10%
2008 2.91$ 3% 3.73$ 10%
2009 3.02$ 4% 4.10$ 10%
2010 3.32$ 10% 4.43$ 8%
2011 3.75$ 13% 4.87$ 10%
2012 4.50$ 20%5.06$ 4%
2013 4.73$ 5% 5.41$ 7%
2014 Proposed 5.11$ 8%Proposed 5.41$ 0%
average 7%8%
City of Ithaca
Debt Limit Schedule
December 31, 2013
All Issued and Authorized 2014 Projects and Expected 2014 debt Payments
Page 22
Assessed Value Full Value
For Year Line Of Taxable State Equalization Of Taxable
Ended No.Real Estate Rate Real Estate
12/31/2009 4 $1,480,572,619 100.00 $1,480,572,619
12/31/2010 5 $1,492,021,006 100.00 $1,492,021,006
12/31/2011 5 $1,512,975,624 100.00 $1,512,975,624
12/31/2012 5 $1,536,243,783 100.00 $1,536,243,783
12/31/2013 5 $1,563,667,095 100.00 $1,563,667,095
Total of Lines 1 thru 5 6 $7,585,480,127
Average Full Tax
Valuation 7 $1,517,096,025
Debt Limit 7% of Line 7 $106,196,722
NET INDEBTEDNESS SUBJECT TO DEBT LIMIT
INCLUSIONS
Bonds Outstanding 12/31/13 $70,185,429
2014 authorizations in Budget $3,959,250
Bond Anticipation Notes Outstanding 12/31/13 $38,146,367
Total $112,291,046
EXCLUSIONS
Sewer Bonds $0
Revenue Anticipation Notes $0
Cash on Hand for debt payoff (bridges)$1,000,000
Reimbursement for Debt $496,208
Housing and Urban Renewal debt $810,000
Appropriations G/F payoff $3,903,975
Water Bonds $24,222,490
Total $30,432,673
Net Indebtedness Subject to Debt Limit $81,858,373
Debt limit $106,196,722
Less:Indebtedness Subject to Debt Limit $81,858,373
Debt Contracting Power Available $24,338,349
Percentage of Debt Contracting Power Available 23%
Percentage of Debt Contracting Power Exhausted 77%
City of Ithaca
Constitutional Tax Margin ScheduleDecember 31, 2013
Page 23
ASSESSED VALUE STATE FULL VALUE
FOR YEAR LINE OF TAXABLE EQUALIZATION OF TAXABLE
ENDED NO.REAL ESTATE RATE REAL ESTATE
12/31/2008 1 $1,429,887,741 100 $1,429,887,741
12/31/2009 2 $1,480,922,619 100 $1,480,922,619
12/31/2010 3 $1,492,021,006 100 $1,492,021,006
12/31/2011 4 $1,512,975,624 100 $1,512,975,624
12/31/2012 5 $1,536,246,783 100 $1,536,246,783
TOTAL OF LINES 1 THRU 5 6 $7,452,053,773
AVERAGE FULL TAX
VALUATION 7 $1,490,410,755
TAX LIMIT-2% OF LINE 7 $29,808,215
TAX LEVY - 2013 $20,097,901
EXCLUSIONS 6,700,897$
Tax Levy Subject To tax Limit $13,397,004
CONSTITUTIONAL TAX MARGIN $16,411,211
PERCENTAGE OF TAXING POWER AVAILABLE 55%
PERCENTAGE OF TAX POWER EXHAUSTED 45%
80%-90% Exhausted Caution Zone
Over 90% Exhausted Danger Zone
City of Ithaca
Summary of Retirement Cost
Projected 2014
File:nysretirement
Page 24
New Projection:
2014 for pay 2/1/2015
Regular Retirement 2014
estimate 2,720,000$ Early Retirement Incentive Payments 803 Use of Currently
Fund Alloc %Allocation 2002 2001 2000 1999 1998 Payments Totals Reserves Budgeted Differences
A 64.20%1,746,240 -$ -$ -$ -$ -$ -$ 1,746,240$ -$ 1,746,240$ 1,703,308$ 42,932$ F 11.60%315,520 -$ -$ -$ -$ -$ -$ 315,520$ 315,520$ 317,271$ (1,751)$ G 17.50%476,000 -$ -$ -$ -$ -$ -$ 476,000$ 476,000$ 476,000$ (0)$ J 5.10%138,720 -$ -$ -$ -$ -$ -$ 138,720$ 138,720$ 138,720$ -$ CL 1.60%43,520 -$ -$ -$ -$ -$ -$ 43,520$ 43,520$ 43,520$ -$
Totals 100.00%2,720,000 -$ - - - - - - 2,720,000$
Police and Fire Retirement
Fund Alloc %Allocation 2002 2001 2000 1999 1998 Payments Totals
A 100.00%2,950,000 -$ -$ -$ -$ -$ -$ 2,950,000$ -$ 2,950,000$ 2,967,259$ (17,259)$ pol 53%
Totals 100.00%2,950,000 -$ - - - - - - 2,950,000$ fire 47% 100%
Total All 5,670,000$ 5,670,000$ -$ 5,670,000$ 5,646,078$ 23,922$
2013 Invoice estimate Non-discounted
Invoice:2,647,381.00$ Regular
3,120,385.00$ Police & Fire
5,767,766.00$ Total
Budgeted 2013:2,916,468.00$ Regular3,200,552.00$ Police & Fire
Total Available 6,117,020.00$
Net Available 349,254.00$
Current booked payable -$ A631-09
Total Available 349,254.00$
Regular 2014 rates
Tier %
1 27.7 decrease 3.8%2 25.3 decrease 3.4%3 20.3 decrease 3.3%4 20.3 decrease 3.3%5 16.6 increase 9.9%6 10.9 decrease 5.2%
Police
Tier %
2 27.3 decrease 3.9%
5 cont 22 decrease 3.1%
5 26.1 decrease 3.7%
FireTier %1 32.5 decrease 3.6%2 27.3 decrease 3.9%5 cont 22 decrease 3.1%5 26.1 decrease 3.7%
City of Ithaca
Summary Schedule of Council Mayor Salaries
1986-2014
File:councilmayorsalaries
9/30/13
Page 25
Salary Schedule:
Council Mayor
Year Per Member Salary Increase Salary Increase
1986 4,500$ 45,000$ 24,000$
1987 4,500$ 45,000$ 0.00%24,000$ 0.00%
1988 6,000$ 60,000$ 33.33%32,000$ 33.33%
1989 6,000$ 60,000$ 0.00%32,000$ 0.00%
1990 6,000$ 60,000$ 0.00%32,000$ 0.00%
1991 6,000$ 60,000$ 0.00%32,000$ 0.00%
1992 6,000$ 60,000$ 0.00%32,000$ 0.00%
1993 6,000$ 60,000$ 0.00%32,000$ 0.00%
1994 6,500$ 65,000$ 8.33%38,000$ 18.75%
1995 6,500$ 65,000$ 0.00%38,000$ 0.00%
1996 7,000$ 70,000$ 7.69%38,000$ 0.00%
1997 7,000$ 70,000$ 0.00%38,000$ 0.00%
1998 7,000$ 70,000$ 0.00%38,000$ 0.00%
1999 7,000$ 70,000$ 0.00%38,000$ 0.00%
2000 7,000$ 70,000$ 0.00%38,000$ 0.00%
2001 7,000$ 70,000$ 0.00%38,000$ 0.00%
2002 7,000$ 70,000$ 0.00%38,000$ 0.00%
2003 7,000$ 70,000$ 0.00%38,000$ 0.00%
2004 7,000$ 70,000$ 0.00%38,000$ 0.00%
2005 7,000$ 70,000$ 0.00%38,000$ 0.00%
2006 9,000$ 90,000$ 28.57%50,000$ 31.58%
2007 9,315$ 93,150$ 3.50%51,750$ 3.50%
2008 9,641$ 96,410$ 3.50%53,561$ 3.50%
2009 9,641$ 96,410$ 0.00%53,561$ 0.00%
2010 9,641$ 96,410$ 0.00%53,561$ 0.00%
2011 9,641$ 96,410$ 0.00%53,561$ 0.00%
2012 9,641$ 96,410$ 0.00%53,561$ 0.00%
2013 9,641$ 96,410$ 0.00%53,561$ 0.00%
2014 9,641$ 96,410$ 0.00%53,561$ 0.00%
Average annual increase 3.03%3.24%
City of Ithaca2011-2014 Budget Summary Narrative Revenues
9/30/13
Page 26
2011-2014 Budget Revenue Summary Narrative
General Fund:
Revenues:Actual Actual Actual 2013 Amt 2013 2014
Account Title 2011 Amt 2012 Amt As of 8/31/13 Budgeted Projected 2014 Budget Notes
A1002 Collegetown Assessments -$ -$ -$ -$ -$ Assessment for the Dryden Road Garage was completed in 2008A1081In Lieu of Tax payments 472,160$ 490,425$ 474,368$ 465,000$ 495,000$ Represents payments in lieu of taxes from various sources, Ithaca Housing Auth,
Elm-Maple Houses, Cascade Plaza, Island H&F. Reflects actual activityA1090Int and Pen. on taxes 244,922$ 231,747$ 118,557$ 235,000$ 240,000$ Late pays of taxes and interest and penalties associated
A1091 Pen. on Assessments 2,317$ 1,239$ 2,445$ 2,000$ 2,500$ Penalty fee for late payment of assessmentA1101Sales Tax 12,414,740$ 12,582,768$ 7,314,796$ 12,940,806$ 13,123,000$ Increased due to current market conditions new development, trends and actual activityA1131Utilities Gross Rec Tax 308,135$ 266,123$ 127,240$ 310,000$ 300,000$ 1% charge on utility bills within the city
Reflects actual activityA1170Franchises212,108$ 200,002$ 142,888$ 210,000$ 201,000$ Represents Time Warner agreement and payment, nothing added for telecom revenue
Reflects actual activityA1230Chamberlain Fees 85,623$ 76,094$ 51,782$ 85,000$ 83,000$ Represents various chamberlain fees collectedA1235Tax Sale Advertising 3,380$ 2,050$ 1,545$ 3,000$ 2,500$ Represents fees for tax sales
A1255 City Clerk Fees 29,367$ 29,770$ 19,164$ 30,000$ 30,000$ Represents various collections of clerk fees, marriage fees, other licensesA1520Police Dept Fees 2,624$ 8,410$ 4,538$ 8,000$ 8,000$ Represents various IPD fees,
Reflects actual activity, finger printing feesA1550Dog Control Fees -$ -$ -$ 100$ 100$ Collection of fees for dog controlA1560Safety Inspection Fees 149,680$ 149,975$ 103,685$ 210,000$ 153,000$ Housing inspections fees, reflects estimated activity from Building Department
A1561 Electrical Inspections 68,043$ 93,082$ 84,353$ 92,000$ 125,000$ Fees for electrical inspections, new activity in 2003, reflects actual activityA1565Fire Inspection Fees 37,802$ 31,727$ 38,571$ 54,971$ 57,000$ Fees collected for fire inspections, estimated for actual activity, program to be reduced
A1710 Public Works Services 278,259$ 151,066$ 53,136$ 173,000$ 85,000$ Fees for DPW activity, sidewalk program moved to SID and other DPW servicesA1720Parking Lot & Garages 1,225,608$ 1,116,450$ 691,505$ 1,166,500$ 1,526,900$ Fees collected for parking from lots and garages, permits and ticketsGreen Street Garage reflected, eliminated hour free in 2011, new Director, improved equipment
A1740 Metered Parking 845,669$ 892,630$ 573,607$ 893,000$ 970,000$ Fees collected from parking meters, increased for actual activity, pay stations meter fee increaseincrease proposed from $1 increased meter rate of $1.50, reallocation in core
A2001 Parks and Rec Charges 352,669$ 380,137$ 371,705$ 410,298$ 504,555$ Various fees collected for recreation of Youth and adultsFees adjusted by Youth Bureau and reflect actual programs in 2014A2012Recreation Concession 73,040$ 72,630$ 38,649$ 75,000$ 94,000$ Fees from the sale of concessions at Cass Park
includes cass rink and pool activityA2013Golf Course Concessions 1,363$ 4,000$ 58$ 1,000$ 2,000$ Revenue collected from golf course concessions
A2014 Golf Course Pro Shop 5,817$ 8,419$ 8,785$ 8,000$ 12,000$ Revenue collected from sale of Golf shop itemsA2015Stewart Park Carousel 11,567$ 7,089$ 8,070$ 10,000$ 9,000$ Revenue collected from operation of carouselA2025Beach and Pool Charges 61,276$ 64,487$ 51,328$ 63,500$ 65,000$ Fees collected from Cass Pool activity, YB staff recommendation
Reflects actual activity in good weatherA2026Alex Haley Pool Charges 5,758$ 8,318$ 6,661$ 6,000$ 6,700$ Fees collected from GIAC Pool activity
A2050 Golf Course Charges 109,515$ 99,543$ 69,389$ 104,000$ 106,000$ Revenue collected from the golf course, changing allocationA2051Golf Course Memberships 49,484$ 49,571$ 68,000$ 70,000$ Fees adjusted by DPW annually, always dependent on the weatherA2065Ice Rink Charges 192,173$ 193,490$ 90,084$ 193,500$ 193,500$ Revenue collected from Cass Rink activity
adjusted by Youth BureauA2070Cont. for Youth 190,343$ 203,340$ 145,026$ 232,671$ 248,425$ Fees for youth services
adjusted per Youth Bureau staffA2110Zoning Fees 4,600$ 3,150$ 3,500$ 4,200$ 4,300$ Fees for zoning collected by Building deptadjusted to reflect current activity
A2111 Site Development Fees 78,876$ 114,971$ 54,353$ 75,000$ 102,000$ Fees for site planning, including fees for cornell projectsadjusted per planning dept, activity is increasing due to development demand
A2112 Subdivision & Sign Fees 1,116$ 2,027$ 693$ 1,300$ 1,500$ Fees collected for signs and subdivisionsA2189Other Home & Comm Services 666$ 111$ 21$ 200$ 100$ Fees for IFD community servicesA2192Cemetery Services -$ -$ -$ 500$ 500$ Revenues from Trust funds for cemetery activity
A2220 Civil Service Charges 56,023$ 57,911$ 180$ 57,000$ 63,000$ Fees collected from ICSD for civil service activity city provided, ICSD wants to discontinue
City of Ithaca2011-2014 Budget Summary Narrative Revenues
9/30/13
Page 27
2011-2014 Budget Revenue Summary Narrative
General Fund:
Revenues:Actual Actual Actual 2013 Amt 2013 2014
Account Title 2011 Amt 2012 Amt As of 8/31/13 Budgeted Projected 2014 Budget Notes
A2260 Public Safety Services 3,687$ 616$ -$ 93,650$ 4,000$ Billed by fire/police for safety services provided to various agencies, no ICSD for securityA2261Transit Program Reim.-$ -$ -$ -$ -$ Revenue collected from TCAT for manager of operations position was employed by city
the position is now a TCAT employee as of 2007A2262Fire Protection Service 3,160,746$ 3,064,897$ 1,588,752$ 3,130,000$ 3,190,000$ Revenue collected from Town of Ithaca for Fire Services
adjusted for benefits and new contract amount at 32.85%A2300 Public Works Service 124,183$ 124,183$ -$ 124,182$ 124,182$ Reimbursement from NYS arterial system for city maintenance on arterialsA2310DPW Program Tomp County 14,107$ 14,758$ -$ 12,000$ 14,000$ Reimbursement from Tompkins County for city DWI unit
A2350 Youth Services Oth Govts 681,064$ 622,346$ 359,367$ 606,145$ 649,497$ Fees collected for youth services from other governmentsincludes cass facility payment of $111,000 from Town of Ithaca
A2375 Intergovernmental Service -$ -$ -$ -$ -$ IURA payments for gateway loan repayment, last year 2008, loan refinancedA2376Benefit Reim Other 4,980$ 2,315$ 3,740$ 2,500$ 3,000$ Reimbursement of benefits for IPD related servicesA2379County Celebrations 9,450$ 13,895$ 15,375$ -$ -$ For county grant passed thru the city, amend budget when grants approved
A2401 Interest & Earnings 31,052$ 20,898$ 295$ 75,000$ 75,000$ Interest earned on city investmentsinterest rates are expected to remain low and less cash to invest
A2410 Rental of Property 214,865$ 228,918$ 71,142$ 250,000$ 250,000$ Rental of various city facilities, mostly parks relatedfees adjusted by YB, DPW, IURA rental of garage spacesA2415Golf Carts Rental 27,901$ 56,085$ 32,422$ 48,500$ 50,000$ Rental fees for golf carts at golf course, adjusted to reflect actual and historic trends
A2450 Telephone Commission -$ -$ -$ -$ -$ Fees collected from use of payphonesA2501Business & Occ Lic.275$ 377$ 120$ 700$ 500$ Fees collected for new business licenses
A2540 BINGO Licenses & Fees 19$ 51$ 64$ 50$ 50$ Fees collected for games of chanceA2542Dog Licenses 16,477$ 13,941$ 8,729$ 16,000$ 13,500$ Fees collected for dog licenses, enumeration completed, fees increasedA2545Bicycle Licenses -$ -$ -$ -$ -$ Fees collected for bikes
A2550 Public Safety Permits 7,183$ 7,768$ 6,547$ 9,700$ 10,000$ Permit fees collected for various fire department servicesA2555Building Permits 279,976$ 890,413$ 348,629$ 819,283$ 700,000$ Permit fees collected for new building activity in city, adjusted per building department
reflects permits for known Cornell projects and other city projects, collegetown terraceA2560Street Opening Permits 5,097$ 6,797$ 2,300$ 5,000$ 5,000$ Fees collected for opening of street for constructionA2590Other Permits 41,477$ 48,490$ 27,436$ 50,000$ 50,000$ Fees collected by DPW, Building and Youth departments for various permits
A2610 Fines 1,143,641$ 1,136,988$ 652,300$ 1,190,000$ 1,170,000$ Fees collected from court fines and ticketsadjusted to reflect actual collections, eliminated 1st offense waiver in 2010
A2611 Dog Fines -$ -$ -$ 1,000$ -$ Collection of fines for dog activityA2655Minor Sales 8,000$ 11,366$ 5,343$ 7,000$ 9,000$ Revenue from various small sales, documents and brochures, various deptsA2660Sale of Property 101,022$ 18,817$ 37,648$ 250,000$ 215,000$ Collection of fees for property transactions, new annual payment
adjusted to historic value, expect to sell some surplus propertyA2665Sale of Equipment 18,889$ 8,252$ 21,584$ 18,000$ 20,000$ Revenue from sales of equipment at DPW auction annually in September
A2680 Insurance Recoveries 106,172$ 113,868$ 147,119$ 80,000$ 130,000$ Revenue collected from various insurance reimbursements, workers comp and otherA2690Other Compensation for Loss 452$ 2,001$ 612$ 1,500$ 1,500$ Revenue collected from various other sources for reimbursement of lossA2701Refund of Prior Year Expense 34,517$ 74,493$ 16,205$ 30,000$ 33,000$ Reimbursements for prior year activity, various sources, reflects actual activity
A2705 Gifts & Donations 1,215,090$ 1,274,289$ 1,259,367$ 1,255,176$ 1,288,028$ Revenue for Cornell/City MOU (adjusted by CPI est. 1.5%) and other smaller donationsA2706Cont. Low & Mod Housing 4,347$ 976$ -$ 2,000$ 750$ Revenue from interest on IURA Housing Program Bonds, 2014 may be last year
A2770 Unclassified Revenues 35,663$ 19,376$ 2,050$ 10,000$ 15,000$ Revenue from various sources that does not have a state categoryA2801Transfer from Water Fund 339,295$ 329,116$ 156,000$ 312,000$ 306,000$ Revenue from water fund for general fund service, decreased for budget reductionsA2802Transfer from Sewer Fund 389,373$ 377,692$ 183,000$ 366,000$ 360,000$ Revenue from sewer fund for general fund service, decreased for budget reductions
A2803 Transfer from Capital Fund 400,000$ 100,000$ -$ 600,000$ 200,000$ Revenue from capital fund for DPW labor, benefits, material and equipment charges plusearnings for payment back to general fund for payment of debt service, CHIPS in-house
A2804 Transfer from Joint Activity 298,401$ 301,430$ 142,072$ 284,143$ 282,294$ Revenue from Joint Activity fund for general fund service, 10% overhead amountA2808Transfer from Debt Service 633,300$ 302,354$ -$ 244,109$ 496,208$ Revenue from mainly bridge projects funds to pay down on debt serviceA3001State Aid per Capita 2,610,398$ 2,610,398$ -$ 2,610,398$ 2,610,398$ Revenue from NYS for general revenue sharing, reflects anticipated flat state aid
A3005 State Aid Mortgage Tax 328,872$ 536,932$ 171,275$ 390,000$ 360,000$ Revenue from local mortgage tax in the city, housing market has impact on revenue
City of Ithaca2011-2014 Budget Summary Narrative Revenues
9/30/13
Page 28
2011-2014 Budget Revenue Summary Narrative
General Fund:
Revenues:Actual Actual Actual 2013 Amt 2013 2014
Account Title 2011 Amt 2012 Amt As of 8/31/13 Budgeted Projected 2014 Budget Notes
A3021 State Aid Court Facility 89,912$ 94,101$ 90,064$ 90,000$ 85,000$ Revenue from NYS for city court activity including annual o&m and debt service paymentA3060State Aid Records Management -$ -$ -$ -$ -$ Revenue from NYS for records management grants, amended when grant approved
A3330 State Aid Security Service -$ -$ -$ -$ Revenue from NYS for security officer at city court including salary and fringe, 2008 lastA3389State Aid Public Safety 19,440$ 9,900$ 6,130$ 10,000$ 10,000$ Revenue from NYS for various small public safety payments and other
A3501 State Aid CHIPS -$ -$ -$ -$ -$ 2004 last year of o&m CHIPS funds, only capital payment in futureA3589State Aid STAR Program -$ -$ -$ -$ -$ Revenue from NYS for STAR tax programA3801State Aid Other -$ 21,667$ -$ -$ -$ Revenue fron NYS for other programs
A3820 State Aid Youth Programs 133,871$ 157,475$ 102,776$ 125,335$ 129,861$ Revenue from NYS for Youth activity, established by Youth BureauA3989State Aid Home & Comm Serv 16,090$ 71,696$ 6,792$ -$ -$ Revenue fron NYS for other programs
A4320 Federal Aid Public Safety 54,480$ 18,051$ 54,163$ 15,000$ 15,000$ Revenue from Federal Government for other safety related activity, several smaller grants, drug se A4389 Federal Aid Other 125,123$ -$ -$ -$ -$ Revenue from Federal Government for drug grant activity, now County activityA4820Federal Aid-Youth Programs 86,967$ 142,198$ 41,705$ -$ -$ Revenue from Federal Gov't for other youth grants, college discovery for year 2010
A4989 Federal Aid Oth Home/Comm -$ -$ -$ -$ -$ Revenue from federal govt for IURA/HUD entitlement funds
Totals 30,341,093$ 30,442,849$ 16,261,376$ 31,322,917$ 31,760,348$
A1001 Real Property Tax 18,984,427$ 19,565,035$ 20,094,108$ 20,097,901$ 20,515,312$ Revenue from collection of city property tax
Totals 49,325,520$ 50,007,884$ 36,355,484$ 51,420,818$ 52,275,660$
City of Ithaca
Summary of Revenue
2014file:budgetreserves
9/30/13
City of Ithaca Page 29
Revenues:
Tax Items
Property Tax
Collegetown Assessment
In Lieu Payments
Int & Penalty on tax
Non-Property Tax
Sales Tax
Utility Receipts Tax
Franchises
Departmental IncomeChamberlain Fees
Clerk Fees
Public Safety
Safety Inspection Fees
Electrical InspectionsFire Code Inspection fees
Transportation
Public Works Services
Parking Lots and Garages
Parking Meters
Recreation
Parks and Recreation charges
Recreation Concession
Golf Course charges/fees
Pool Charges
Skating ChargesContribution to Youth
Home and Comm Services
Site Development Fees
Intergovernmental chargesCivil Service charges
Transit Reimbursement
Town Fire Protection
Public Works Services
Youth Services
Services other governments
Projected
Budget % of 2014 Total Revenues40.65%
20,515,312$ 39.24%
-$ 0.00%
495,000$ 0.95%
240,000$ 0.46%
26.06%
13,123,000$ 25.10%
300,000$ 0.57%
201,000$ 0.38%
0.22%83,000$ 0.16%
30,000$ 0.06%
0.64%
153,000$ 0.29%
125,000$ 0.24%57,000$ 0.11%
4.94%
85,000$ 0.16%
1,526,900$ 2.92%
970,000$ 1.86% 2.49%
504,555$ 0.97%
94,000$ 0.18%
190,000$ 0.36%
71,700$ 0.14%
193,500$ 0.37%248,425$ 0.48%
0.20%
102,000$ 0.20%
7.70%63,000$ 0.12%
-$ 0.00%
3,190,000$ 6.10%
124,182$ 0.24%
649,497$ 1.24%
-$ 0.00%
City of Ithaca
Summary of Revenue
2014file:budgetreserves
9/30/13
City of Ithaca Page 30
Revenues:
Use of Money
Interest
Rental of Property
Golf Cart Rental
Licenses & Permits
Building Permits
Other Permits
Fines
Fines
Sales of Property
Sale of Property
Sale of Equipment
Insurance Recoveries
MiscellaneousGifts and Donations
Interfund
Water
SewerCapitalJoint Activity
Debt Service
State Aid
Per Capita
Mortgage TaxCourt Facilities
Court Security
CHIPS
Youth Programs
Other
Federal Aid
Public Safety Crime
Public Safety Drug
Youth
Community & Home
Other
Totals
Projected
Budget % of 2014 Total Revenues
0.72%
75,000$ 0.14%
250,000$ 0.48%
50,000$ 0.10%
1.43%
700,000$ 1.34%
50,000$ 0.10%
2.24%
1,170,000$ 2.24% 0.70%
215,000$ 0.41%
20,000$ 0.04%
130,000$ 0.25%
2.46%1,288,028$ 2.46%
3.15%
306,000$ 0.59%
360,000$ 0.69%200,000$ 0.38%282,294$ 0.54%
496,208$ 0.95%
6.11%
2,610,398$ 4.99%
360,000$ 0.69%85,000$ 0.16%
-$ 0.00%
-$ 0.00%
129,861$ 0.25%
10,000$ 0.02%
0.03%
15,000$ 0.03%
-$ 0.00%
-$ 0.00%
-$ 0.00%
137,800$ 0.26%
52,275,660$ 100%
City of Ithaca
Summary of Assessment Data
2013
Page 31
2014 Commercial/Other Residential
Taxable Assessment 1,563,667,095$ 901,047,192$ 662,619,903$
% of Total 100.00%57.62%42.38%
2013 Commercial/Other Residential
Taxable Assessment 1,536,243,783$ 877,695,025$ 658,548,758$
% of Total 100.00%57.13%42.87%
2012 Commercial/Other Residential
Taxable Assessment 1,512,975,624$ 860,709,888$ 652,265,736$
% of Total 100.00%56.89%43.11%
2011 Commercial/Other ResidentialTaxable Assessment 1,492,021,006$ 838,796,185$ 653,224,821$
% of Total 100.00%56.22%43.78%
2010 Commercial/Other Residential
Taxable Assessment 1,480,572,619$ 830,807,643$ 649,764,976$ % of Total 100.00%56.11%43.89%
2009 Commercial/Other Residential
Taxable Assessment 1,429,895,241$ 805,625,753$ 624,269,488$
% of Total 100.00%56.34%43.66%
2008 Commercial/Other Residential
Taxable Assessment 1,193,016,926$ 684,895,033$ 508,121,893$
% of Total 100.00%57.41%42.59%
Amount %
Change of assessment 2014 to 2013 27,423,312$
related to new property 20,293,251 74%
related to market change 7,130,061$ 26%
Amount %
Change of assessment 2013 to 2012 23,268,159$
related to new property 20,010,617 86%
related to market change 3,257,542$ 14%
Change of assessment 2012 to 2011 20,954,618$
related to new property 14,668,233 70%
related to market change 6,286,385$ 30%
Change of assessment 2011 to 2010 11,448,387$ related to new property 8,700,774 76%
related to market change 2,747,613$ 24%
Change of assessment 2010 to 2009 50,677,378$
related to new property 26,352,237 52% related to market change 24,325,141$ 48%
Amount %
Tax Exempt City property 2014 2,452,302,000$ Cornell University Exempt city property 2014 2,042,814,500$ 83%
If Cornell paying city tax 2014 26,801,726
Cornell University Contribution to city 2014 1,270,303$ estimated 4.74%of tax amount
% increase Commercial/Other ResidentialTax revenue generated by assessments increase 2014 354,864$ 1.77%
Tax revenue generated by tax rate increase 2014 62,547$ 0.31%
Total new revenue generated by tax and assessments 417,411$ 240,529$ 176,882$
City of Ithaca
Summary of Tax Exempt City Property
1993-2014
Page 32
For Tax Year 1993 1994 1995 1996 1997 1998 1999
Total Assessment 2,090,806,050$ 2,077,585,674$ 2,062,730,023$ 2,029,556,110$ 1,999,874,841$ 1,984,310,886$ 1,989,375,268$
Tax Exempt property 1,178,692,300$ 1,176,655,900$ 1,174,021,300$ 1,161,903,600$ 1,145,667,900$ 1,143,918,800$ 1,148,960,600$
% Exempt Property 56.38%56.64%56.92%57.25%57.29%57.65%57.75%
For Tax Year 2000 2001 2002 2003 2004 2005 2006
Total Assessment 1,981,532,116$ 2,943,914,169$ 3,021,169,667$ 3,048,573,224$ 3,152,978,926$ 3,266,358,041$ 3,434,594,221$
Tax Exempt property 1,146,928,700$ 2,090,526,500$ 2,161,460,500$ 2,162,096,700$ 2,215,719,400$ 2,231,803,500$ 2,272,501,100$
% Exempt Property 57.88%71.01%71.54%70.92%70.27%68.33%66.17%
For Tax Year 2007 2008 2009 2010 2011 2012 2013
Total Assessment 3,525,272,248$ 3,577,599,658$ 3,773,200,066$ 3,903,733,906$ 3,912,089,574$ 3,945,386,851$ 4,031,048,230$
Tax Exempt property 2,319,724,700$ 2,360,274,600$ 2,313,980,100$ 2,393,685,800$ 2,390,663,500$ 2,384,747,000$ 2,451,711,000$
% Exempt Property 65.80%65.97%61.33%61.32%61.11%60.44%60.82%
For Tax Year 2014 2015 2016 2017 2018 2019 2020
Total Assessment 4,056,318,892$ -$ -$ -$ -$ -$ -$
Tax Exempt property 2,452,302,000$ -$ -$ -$ -$ -$ -$
% Exempt Property 60.46%#DIV/0!#DIV/0!#DIV/0!#DIV/0!#DIV/0!#DIV/0!
City of Ithaca
Snapshot of Material Budget Items
2001-2014
Page 33
Year G/F Amount % Change
Pension Costs 2014 4,670,567$ -2.44%budget
2013 4,787,292$ 20.08%budget
2012 3,986,645$ 16.73%
2011 3,415,301$ 36.65%
2010 2,499,293$ 33.87% 2009 1,866,888$ -6.05%
2008 1,987,087$ -4.38%
2007 2,078,120$ 9.00%
2006 1,906,473$ -4.89%
2005 2,004,578$ 2.17%2004 1,962,076$ 165.25%
2003 739,696$ 376.45%
2002 155,251$ 27.06%
2001 122,191$ % Change from 2001 to 2014 3722.35%
Average annual % change 286.33%$ Change from 2001 to 2014 4,548,376$
Average $ change 349,875$
Health Insurance Costs
2014 8,668,012$ 10.05%budget
2013 7,876,140$ 7.22%budget20127,345,830$ 0.47%
2011 7,311,363$ 18.47%
2010 6,171,576$ -2.01%
2009 6,298,399$ 12.36%
2008 5,605,341$ 12.30% 2007 4,991,535$ 10.34%
2006 4,523,811$ -9.25%
2005 4,984,784$ 10.14%
2004 4,526,006$ 1.38%
2003 4,464,606$ 19.62%2002 3,732,214$ 19.44%
2001 3,124,784$ % Change from 2001 to 2014 177.40%
Average annual % change 13.65%
$ Change from 2001 to 201 5,543,228$
Average $ change 426,402$ Debt Costs
2014 6,467,917$ -3.13%budget
2013 6,676,578$ 3.79%budget
2012 6,432,817$ 0.79%
2011 6,382,236$ -5.86% 2010 6,779,779$ 10.34%includes lease P&I
2009 6,144,409$ 2.70%
2008 5,982,697$ 1.36%
2007 5,902,508$ -0.34%
2006 5,922,370$ 9.75% 2005 5,396,158$ 9.73%
2004 4,917,764$ -0.64%
2003 4,949,335$ 8.01%
2002 4,582,386$ 5.44%
2001 4,346,126$ % Change from 2001 to 2014 48.82%Average annual % change 3.76%
$ Change from 2001 to 201 2,121,791$
Average $ change 163,215$
City of Ithaca
Snapshot of Material Budget Items
2001-2014
Page 34
Year G/F Amount % Change
Debt OutstandingIncludes IURA
2014 108,276,910$ -0.79%estimated
2013 109,141,796$ 27.84%Commons/IAWWTF
2012 85,374,371$ 9.79%
2011 77,759,587$ 7.38% 2010 72,416,434$ -1.62%
2009 73,611,231$ 0.21%
2008 73,459,136$ 1.91%
2007 72,083,451$ 13.40%
2006 63,565,167$ 3.71% 2005 61,290,008$ 8.83%
2004 56,315,856$ 0.51%
2003 56,027,712$ 12.79%
2002 49,674,512$ 16.23%
2001 42,737,652$ % Change from 2001 to 2014 153.35%Average annual % change 11.80%
$ Change from 2001 to 2014 65,539,258$
Average $ change 5,041,481$
Salary CostsNot including actual OT
2014 22,338,593$ 14.44%
2013 19,519,620$ -13.33%
2012 22,521,461$ 2.61%
2011 21,947,741$ 0.39%2010 21,862,821$ 1.80%
2009 21,476,387$ 4.25%
2008 20,601,025$ 6.82%
2007 19,285,683$ 4.98%
2006 18,371,495$ 5.01% 2005 17,494,258$ 2.38%
2004 17,088,000$ 1.79%
2003 16,788,000$ -1.70%
2002 17,078,000$ 2.61%
2001 16,644,320$ % Change from 2001 to 2014 34.21%Average annual % change 2.63%
$ Change from 2001 to 2014 5,694,273$
Average $ change 438,021$
Workers Comp Insurance
2014 790,658$ 14.89%budget2013688,194$ -5.32%budget
2012 726,849$ 24.24%
2011 585,046$ 44.87%
2010 403,852$ -9.03%
2009 443,939$ -15.01% 2008 522,357$ 5.74%
2007 493,980$ 15.53%
2006 427,582$ -35.22%
2005 660,018$ 27.79%
2004 516,469$ 32.96%2003 388,440$ -52.62%
2002 819,807$ 79.26%
2001 457,320$ % Change from 2001 to 2014 72.89%
Average annual % change 5.61%
$ Change from 2001 to 2014 333,338$ Average $ change 25,641$
City of Ithaca
Snapshot of Material Budget Items
2001-2014
Page 35
Year G/F Amount % Change
Cayuga Garage FAA
2014 960,000$ 14.29%
2013 840,000$ 0.00%
2012 840,000$ -3.45%2011 870,000$ -27.07%
2010 1,192,951$ -16.17%
2009 1,422,979$ -16.30%
2008 1,700,000$ -0.99%
2007 1,716,939$ 51.27%2006 1,135,000$ 136.46%
2005 480,000$ 100.00%
2004 -$
2003 -$
2002 -$ 2001 -$ % Change from 2005 to 2014 100.00%
Average annual % change 10.00%
$ Change from 2005 to 2014 480,000$
Average $ change 48,000$
Property Tax Revenue all 2014 20,515,312$ 2.08%
2013 20,097,901$ 2.72%
2012 19,565,035$ 3.06%
2011 18,984,427$ 4.14%
2010 18,230,175$ 4.25% 2009 17,487,547$ 3.82%
2008 16,844,011$ 4.73%
2007 16,082,517$ 6.37%
2006 15,118,807$ 11.89%
2005 13,512,779$ 15.21% 2004 11,729,128$ 15.89%
2003 10,120,557$ 17.01%
2002 8,649,645$ 5.21%
2001 8,220,945$ % Change from 2001 to 2014 149.55%
Average annual % change 11.50%$ Change from 2001 to 2014 12,294,367$
Average $ change 945,721$
Tax assessments commercial % of assessments
2014 822,521,000$ 2.44%52.60%2013 802,963,495$ 2.56%52.26%
2012 782,941,037$ 3.22%51.75%
2011 758,534,037$ 0.47%50.84%
2010 755,007,137$ 3.16%50.99%
2009 731,861,237$ 18.17%51.18%2008 619,331,375$ 0.82%51.91%
2007 614,263,930$ 4.62%51.92%
2006 587,155,255$ 10.46%51.49%
2005 531,541,461$ 9.18%51.92%
2004 486,838,600$ 6.97%53.00%2003 455,135,700$ 2.41%52.57%
2002 444,416,200$
2001 % Change from 2002 to 2014 85.08%
Average annual % change 6.54%
$ Change from 2002 to 2014 378,104,800$ Average $ change 29,084,985$
City of Ithaca
Snapshot of Material Budget Items
2001-2014
Page 36
Year G/F Amount % Change
Taxable Assessments 2014 1,563,667,095$ 1.77%
2013 1,536,536,783$ 1.56%
2012 1,512,975,624$ 1.40%
2011 1,492,021,006$ 0.77%
2010 1,480,572,619$ 3.54%2009 1,429,895,241$ 19.86%
2008 1,193,016,926$ 0.83%
2007 1,183,184,996$ 3.77%
2006 1,140,225,492$ 11.38%
2005 1,023,695,402$ 11.45% 2004 918,490,809$ 6.09%
2003 865,744,842$ 2.95%
2002 840,974,015$ 0.68%
2001 835,258,185$ % Change from 2001 to 2014 87.21%
Average annual % change 6.71%$ Change from 2001 to 2014 728,408,910$
Average $ change 56,031,455$
Tax Rate
2014 13.12$ 0.31%
2013 13.08$ 1.16%2012 12.93$ 2.38%
2011 12.63$ 2.60%
2010 12.31$ 0.65%
2009 12.23$ -13.39%
2008 14.12$ 3.82%2007 13.60$ 2.56%
2006 13.26$ 0.45%
2005 13.20$ 3.37%
2004 12.77$ 9.24%
2003 11.69$ 13.61%2002 10.29$ 4.57%
2001 9.84$ % Change from 2001 to 2014 33.33%
Average annual % change 2.56%
$ Change from 2001 to 2014 3.28$
Average $ change 0.30$ Sales Tax revenue
2014 13,123,000$ 1.41%budget
2013 12,940,806$ 2.85%budget
2012 12,582,768$ 1.35%
2011 12,414,740$ 4.07% 2010 11,929,543$ 3.94%
2009 11,476,920$ -5.63%
2008 12,162,170$ 10.08%
2007 11,048,064$ 8.73%
2006 10,160,861$ 4.09% 2005 9,761,642$ 16.09%
2004 8,408,416$ 5.12%
2003 7,998,704$ -0.29%
2002 8,022,014$ 6.47%
2001 7,534,537$ % Change from 2001 to 2014 74.17%Average annual % change 5.71%
$ Change from 2001 to 2014 5,588,463$
Average $ change 429,882$
City of Ithaca
Snapshot of Material Budget Items
2001-2014
Page 37
Year G/F Amount % Change
Cornell University Contribution 2014 1,270,303$ 1.50%budget
2013 1,251,531$ 2.10%
2012 1,225,789$ 3.20%
2011 1,187,780$ 1.60%
2010 1,169,075$ -0.40%2009 1,173,770$ 3.80%
2008 1,130,800$ 2.80%
2007 1,100,000$ -4.35%
2006 1,150,000$ -4.17%
2005 1,200,000$ -4.00%2004 1,250,000$ 78.57%
2003 700,000$ 7.69%
2002 650,000$ 8.33%
2001 600,000$ % Change from 2001 to 2014 111.72%
Average annual % change 8.59%$ Change from 2001 to 2014 670,303$
Average $ change 51,562$
% Cornell Contribution to G/F Expense
2014 2.40%-0.68%budget
2013 2.42%-0.85%budget20122.44%0.31%
2011 2.43%-0.62%
2010 2.45%-2.43%
2009 2.51%1.99%
2008 2.46%-4.33% 2007 2.57%-11.29%
2006 2.90%-8.63%
2005 3.17%-8.69%
2004 3.47%63.88%
2003 2.12%5.32%2002 2.01%5.78%
2001 1.90%% Change from 2001 to 2014 26.30%
Average annual % change 2.02%
$ Change from 2001 to 2014 N/A
Average $ change N/A
General Fund Revenues
Other than Property Tax
2014 31,760,348$ 1.40%budget
2013 31,322,917$ 2.89%budget201230,442,849$ 0.34%Actual
2011 30,341,093$ 3.05%Actual
2010 29,442,275$ 1.58%Actual
2009 28,985,380$ -2.66%Actual
2008 29,776,475$ 5.75%Actual200728,156,401$ 7.50%Actual
2006 26,192,588$ 3.98%Actual
2005 25,190,488$ 3.27%Actual
2004 24,392,154$ 6.25%Actual
2003 22,956,825$ 0.04%Actual200222,947,618$ 2.91%Actual
2001 22,299,246$ % Change from 2001 to 2014 42.43%
Average annual % change 3.26%
$ Change from 2001 to 2014 9,461,102$
Average $ change 727,777$
City of Ithaca
Snapshot of Material Budget Items
2001-2014
Page 38
Year G/F Amount % Change
General Fund Expenses 2014 52,854,474$ 2.19%budget
2013 51,720,450$ 2.98%budget
2012 50,224,194$ 2.88%Actual
2011 48,817,796$ 2.23%Actual
2010 47,752,479$ 2.08%Actual200946,777,293$ 1.77%Actual
2008 45,961,595$ 7.45%Actual
2007 42,774,808$ 7.83%Actual
2006 39,669,589$ 4.88%Actual
2005 37,823,981$ 5.13%Actual200435,977,571$ 8.96%Actual
2003 33,018,095$ 2.25%Actual
2002 32,290,245$ 2.41%Actual
2001 31,530,506$ % Change from 2001 to 2014 67.63%
Average annual % change 5.20%$ Change from 2001 to 2014 21,323,968$
Average $ change 1,640,305$
City of Ithaca
Summary of State Aid PerCapita Received/Proposed
1998-2014
Page 39
If applied an
Actual % increase/$annual 3%
Year Amount (decrease)Value increase
1988 2,425,339$
1989 2,425,338$ 0.00%(1)$ 2,498,099
1990 2,263,783$ -6.66%(161,555)$ 2,573,042
1991 1,481,149$ -34.57%(782,634)$ 2,650,233
1992 1,339,404$ -9.57%(141,745)$ 2,729,740
1993 1,353,320$ 1.04%13,916$ 2,811,633
1994 1,456,172$ 7.60%102,852$ 2,895,982
1995 1,456,172$ 0.00%-$ 2,982,861
1996 2,749,867$ 88.84%1,293,695$ 3,072,347
1997 1,513,983$ -44.94%(1,235,884)$ 3,164,517
1998 1,513,983$ 0.00%-$ 3,259,453
1999 1,513,983$ 0.00%-$ 3,357,236
2000 1,589,682$ 5.00%75,699$ 3,457,953
2001 1,677,182$ 5.50%87,500$ 3,561,692
2002 1,589,682$ -5.22%(87,500)$ 3,668,543
2003 1,589,682$ 0.00%-$ 3,778,599
2004 1,589,682$ 0.00%-$ 3,891,957
2005 1,905,116$ 19.84%315,434$ 4,008,716
2006 2,364,464$ 24.11%459,348$ 4,128,977
2007 2,589,088$ 9.50%224,624$ 4,252,847
2008 2,871,436$ 10.91%282,348$ 4,380,432
2009 2,835,051$ -1.27%(36,385)$ 4,511,845
2010 2,663,671$ -6.05%(171,380)$ 4,647,200
2011 actual 2,610,398$ -2.00%(53,273)$ 4,786,616
2012 actual 2,610,398$ 0.00%-$ 4,930,215
2013 budgeted 2,610,398$ 0.00%-$ 5,078,121
2014 budgeted 2,610,398$ 0.00%-$ 5,230,465
Overall increase of state aid from 1989-2014 185,059$
City of Ithaca
Summary of Cornell University MOU Contribution
1995-2014
Page 40
Allocation Municipal
Year Contribution Fire Other Economic Total % increase
2014 1,270,303 762,182$ 508,121$ -$ 1,270,303$ 1.50%
2013 1,251,531 750,918$ 500,612$ -$ 1,251,531$ 2.10%
2012 1,225,789 735,473$ 490,316$ -$ 1,225,789$ 3.20%
2011 1,187,780 712,668$ 475,112$ -$ 1,187,780$ 1.60%
2010 1,169,075 701,445$ 467,630$ -$ 1,169,075$ -0.40%
2009 1,173,770 704,262$ 469,508$ -$ 1,173,770$ 3.80%
2008 1,130,800$ 678,480$ 452,320$ -$ 1,130,800$ 2.80%
2007 1,100,000$ 660,000$ 440,000$ -$ 1,100,000$ -4.35%
2006 1,150,000$ 575,000$ 500,000$ 75,000$ 1,150,000$ -4.17%
2005 1,200,000$ 550,000$ 500,000$ 150,000$ 1,200,000$ -4.00%
2004 1,250,000$ 475,000$ 525,000$ 250,000$ 1,250,000$ 78.57%
2003 700,000$ 450,000$ 250,000$ -$ 700,000$ 7.69%
2002 650,000$ 425,000$ 225,000$ -$ 650,000$ 8.33%
2001 600,000$ 400,000$ 200,000$ -$ 600,000$ 9.09%
2000 550,000$ 375,000$ 175,000$ -$ 550,000$ 22.22%
1999 450,000$ 325,000$ 125,000$ -$ 450,000$ 12.50%
1998 400,000$ 300,000$ 100,000$ -$ 400,000$ 14.29%
1997 350,000$ 275,000$ 75,000$ -$ 350,000$ 16.67%
1996 300,000$ 250,000$ 50,000$ -$ 300,000$ 20.00%
1995 250,000$ 225,000$ 25,000$ -$ 250,000$
1994 -$ -$ -$ -$ -$
actual decrease for 2010, CPI was negative