HomeMy WebLinkAboutMeeting Notes 7-19-2017
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BUDGET COMMITTEE
Meeting Notes - July 19, 2017
Committee present: Eric Levine - Chairman, Pat Leary, Pam Bleiwas
Staff present: Mike Solvig, Judy Drake, Paulette Rosa, Susan Ritter (arrived 12:35)
Others present: Bill Goodman
Meeting was called to order at: 12:02 p.m.
AGENDA ITEMS:
• Review and approve meeting notes from June 21, 2017.
Committee members reviewed and approved the meeting notes from June 21, 2017.
• Update Status of 2017 Sales Tax Collections.
Mr. Solvig reported that for the first five months of 2017, collections are at 105.1% for the same
period in 2016. Four out of five months have seen collections increase over the same month of
the prior year. Sales Tax collections through May, 2017 total $1,192,155 against 2016 collections
of $1,134,231. Pam Bleiwas asked if we knew if certain categories had seen improvement or if the
improvement was generally across the board. Mr. Solvig answered that part of it should be due to
the recent increase in gasoline prices, but we do not get any reports from the state detailing sales
tax receipts from the different categories. He doesn’t believe the County gets any reports from
the state, but will contact Rick Snyder at Tompkins County and ask if he has any information.
(Subsequent to the meeting Rick Snyder was contacted, and informed Mr. Solvig that the
County does not receive any reports from NYS detailing sales tax collections by category.
What information he does receive is from other sources and very general in nature. A copy
of Mr. Snyder’s email is attached.)
• Continue discussion on Property Tax Levy and Tax Rate Calculations for FY-2018.
The Committee reviewed the revised spreadsheet for the preliminary 2018 Property Tax Levy and
Tax Rates. At the June meeting, the total property tax levy was proposed at $8,337,200, a
$498,000 or 6.35% increase over 2017, where the property tax bill for a typical property in the
Town would increase from $1,400.20 in 2017 to an estimated $1,497.62 in 2018. That calculation
was also based on last year’s assessed valuations. Mr. Solvig informed the Committee that the
estimate for the 2018 property tax levy has been revised down to a total of $8,238,000, now an
increase of $398,800 or 5.09% over 2017. The revised property tax levy provides $800,000 to fund
the new Highway Townwide Fund and $850,000 for Road Improvements in the Highway Part-
Town Fund. The Town has also received the 2018 assessed valuations from the Tompkins County
Assessor’s Office, where the Townwide A.V. increased by 4.4%, the Part-Town A.V. increased by
5.7%, and the Fire Protection District A.V. increased by 5.4%. Based on the revised property tax
levy and updated assessed valuations, the property tax bill for a typical property in the Town
would increase from $1,400.20 in 2017 to an estimated $1,412.82 in 2018. This revised estimate
still includes a $25.00 increase in the Water Benefit Assessment Fee. The $12.62 increase in the
2018 property tax bill for a typical property is a 0.9% increase over 2017.
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• Discuss Highway Townwide (DA) Fund for 2018.
Mr. Solvig wanted to discuss the question of fund balance for the new Highway Townwide Fund to
be created next year. As this fund is being split off from the existing Highway Part-Town Fund, he
feels it would be appropriate to transfer a proportionate share of the existing Highway Part-Town
Fund’s fund balance to the new Highway Townwide Fund once the new fund has been established.
Pat Leary asked what amount of fund balance would be appropriate to transfer, to which Mr.
Solvig replied that he felt a transfer of $150,000 would be appropriate. A transfer of this amount
would leave the Highway Townwide Fund with an estimated fund balance percentage of 24% at
year-end of 2018, which is right where we would like it to be. Fund balance percentage for the
Highway Part-Town Fund is estimated at 36% for 2018 year-end, well above our target of 25%.
• Discuss Route 96B (Danby Road) Sidewalk Project.
Susan Ritter informed the Committee the Town has received a $1,477,500 grant from NYS to
design and construct a sidewalk along Route 96B (Dandy Road) from Ithaca College to the
Town/City line. The grant is made up of 80% in Federal funds and 20% in local funds, making the
Town’s share $295,500. The Town Board will be asked soon to vote on whether or not to accept
this grant and proceed with the work. There is a very tight time frame to this project, with
construction to take place in 2019. Design work will have to begin this year as soon as the grant is
signed by the State. Ms. Ritter and Bill Goodman met with Ithaca College on June 13 to discuss
the project, including Ithaca College’s possible financial contribution to construction and long-
term maintenance of the sidewalk. A separate capital project fund will be established for this
project, with financing of the Town’s share over three years. $95,500 will be transferred from the
General Fund this year, with an additional $100,000 budgeted and transferred in each year for
2018 and 2019. Bill Goodman commented that he hopes to take some of these funds from the
sidewalk district(s) the Town hopes to establish.
• Review of Five-Year Budget Projections.
Mr. Solvig informed the Committee that he has not been able to work on the budget projections.
• Other Items.
- Status of Town Audit: The audit by Sciarabba Walker & Co. of the year ended December 31,
2016 is nearing completion. We should be receiving the draft report in the next couple
weeks.
- Status of Court Audit: The audit by Sciarabba Walker & Co. of the court records for the year
ended December 31, 2016 has been completed. The Town Board will need to adopt a
resolution acknowledging receipt of the final report at the August meeting.
- 2017 Billing to Post Office for 2011 Roof Repair Project: Mr. Solvig reported that the
$2,343.93 payment has been received from USPS.
- 2017 Billing to City for Reimbursement of Shared Sustainability Planner Expenses: Mr. Solvig
reported that the billing for reimbursement of shared sustainability planner expenses was
sent to the City on June 26 for the amount of $15,632.23. This is for the period from April 1,
2016 to March 31, 2017. For the first and second years of the agreement, the Town received
reimbursement in the amounts of $14,341.78 and $14,668.06. Mr. Solvig mentioned that the
current grant with the Park Foundation expires 12/31/17, and there will no further grants
from the Foundation.
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Mr. Goodman informed the Committee that the City has decided not to hire their own full-
time sustainability planner in 2018, and we will likely continue our sharing arrangement with
the City in some form. He also wanted to discuss the Sustainability Planner’s salary for 2018.
At $50,100 this position is paid substantially less than the Town’s other planners. Ms. Drake
explained this position began in 2010 through a three-year Park Foundation grant, with the
position shared between the Towns of Ithaca and Dryden. Under this grant, Park Foundation
paid for approx. 50% of the costs, with the Towns splitting the remaining costs. It was
assumed at the time that this position would end with the grant, and the position was never
added to the Town’s classification system. However, after the first grant was completed, the
Town received a series of additional grants from the Park Foundation to fund a sharing
arrangement between the Town and City of Ithaca. At this time it would be appropriate to
adjust the Sustainability Planner’s salary and add the position to the Town’s classification
system.
After a short discussion, it was decide the Personnel and Organization Committee would
begin discussing this at the meeting scheduled for later today.
- Date for August meeting: Two of the Committee members are not available for our next
meeting scheduled for August 16. It was decided to reschedule the meeting to August 23.
The meeting was adjourned at 1:13 p.m.
Next Meeting: Wednesday, August 23, 2017 at 12:00 pm, Town Hall - Aurora Room
TOWNOFITHACABUDGETCOMMITTEEWednesday,July19,2017-12:00pmTownHall-AuroraConferenceRoomAGENDA•ReviewandapprovemeetingnotesfromJune21,2017.•UpdateStatusof2017SalesTaxCollections.-Forthefirstfivemonthsof2017,collectionsareat105.1%forthesameperiodin2016.Fouroutoffivemonthshaveseencollectionsincreaseoverthesamemonthoftheprioryear.SalesTaxcollectionsthroughMay,2017total$1,192,155against2016collectionsof$1,134,231.•ContinuediscussiononPropertyTaxLevyandTaxRateCalculationsforFY-2018.•DiscussHighwayTownwide(DA)Fundfor2018.•DiscussRoute96B(DanbyRoad)SidewalkProject.•ReviewofFive-YearBudgetprojections.•Otheritems.-2017BillingtoCityforReimbursementforSustainabilityPlannerExpenses.-2017BillingtoPostOfficeforReimbursementfor2011RoofRepairProject.NextMeeting:Wednesday,August16,2017at12:00pm
BUDGETCOMMTrEEDraftMeetingNotes-June21,2017Committeepresent:EricLevine-Chairman,PatLeary,PamBleiwasStaffpresent:MikeSolvig,JudyDrake,JimWeberOtherspresent:BillGoodmanMeetingwascalledtoorderat:12:03p.m.AGENDAITEMS:•ReviewandapprovemeetingnotesfromMay10,2017.CommitteemembersreviewedandapprovedtherevisedmeetingnotesfromMay10,2017.•ContinueDiscussionofFive-YearCapitalImprovementPlan.BillGoodmanaskedtocontinuethediscussionfromlastmonthonhowtheTownwillfundfutureroadimprovementprojects.TheTowncurrentlyincludes$500,000intheHighwayFundannualPropertyTaxlevytopayforcapitalimprovementcosts.However,thepreliminary2018CapitalBudgetliststhreeroadimprovementprojectswithatotalestimatedcostof$1,050,000;leavingafundinggapof$550,000.HeisaskinghowdoestheTownclosethisfundinggap?Wecan1)decreasetheprojectsscheduledfornextyeartomeettheavailablefunding;2)increasetheavailablefundingbyincreasingthetaxlevyorissuingnewbonds;or3)acombinationofdecreasingthescheduledworkandincreasingtheavailablefunding.Mr.SolvigdistributedaspreadsheetandinformedtheCommitteethathehadrunsomepreliminary2018PropertyTaxlevyfiguresinpreparationforthisdiscussion.Inthisexample,thetaxlevywouldincreaseby$1MillionintheHighwayFunds,anddecrease$302,000fortheGeneralFundand$200,000fortheFireProtectionFund.Thisnetincreaseof$498,000inthetaxlevyisa6.35%increaseover2017,andprovides$750,000tofundthenewHighwayTownwideFundand$800,000forRoadImprovementsintheHighwayPart-TownFund.ThetaxlevydecreaseintheGeneralFundwouldbelargelymadeupbyshiftingsalestaxrevenuesbackto2016ratios,andthedecreaseintheFireProtectionFundwouldbecoveredthatfund’shealthyfundbalance.ThepropertybillforatypicalpropertyintheTownwouldincreasefrom$1,400.20in2017toanestimated$1,497.62in2018.This$97.42increaseincludesa$25.00increaseintheWaterBenefitAssessmentFee(discussedbelow),foratotalincreaseinthepropertytaxlevyof$72.42,or5.2%.Thiscalculationwasalsodoneusinglastyear’sassessedvaluations,sowewouldexpectthetaxratestobelessoncewereceivethisyear’sassessedvaluationfiguresfromtheAssessor’sOffice.Afterdiscussion,theconsensusoftheCommitteewasasfollows:1)Thattheuseoflong-termdebttofinanceroadimprovements,andthepaymentofinterestassociatedwithsuchdebtbeavoidedexceptunderunusualcircumstances;and2)ThattheTownannuallyprovideanaverageof$800,000tofinancecapitalimprovementstoTownroads;and3)ThatthesourceoffundswouldbefromtheannualpropertytaxlevyintheHighwayPart-TownFundintheamountof$800,000.1
•Discuss2018IthacaTownBudgetprocess.Mr.SolviginformedtheCommitteethatbudgetworksheetswillbedistributedtodepartmentheadsinearlyJuly,tobereturnedbyJuly31.AfirstdraftofthePreliminary2018IthacaTownBudgetwillbereviewedbytheBudgetCommitteeattheAugust17meeting.ThefirstTownBoardBudgetMeetingisscheduledforThursday,October5.TheCommitteewillreviewtheFive-YearCapitalImprovementPlan/2018CapitalBudgetwiththeTownBoardattheJune26StudySession.•ReviewandDiscussTownDepartmentStaffingPlansfor2018-2021.TheCommitteereviewedthe2018-2021staffingplansforTowndepartments.ThisitemwasreferredtotheBudgetCommitteebythePersonnel&OrganizationCommitteeattheirMay17meeting.JudyDrakeandJimWeberreviewedthecurrentstafflevelsofthePublicWorksDepartment,andpresentedthepreliminaryplanincreasingstafffromthecurrentlevelof31.75FTE’sinFV-2017to41.0FTE’sinFY-2021.ThepreliminarystaffingplanforthePublicWorksDepartmentincludesthefollowing:•FY-2018:Addone(1)additionalWorkingSupervisorandone(1)additionalLaborer;annualcost:$100,900+benefits.Thiswouldcompleteanadditionalfullcrew,increasingthenumberoffullcrewsfromthreetofour.Addone(1)additionalCivilEngineer;annualcost:$62,200+benefits.Addfundingtoallowfora90-daytrainingoverlapofthenewDeputyHighwaySuperintendentwiththeretiringDeputyHighwaySuperinten-dent;one-timecostof$17,000plus$8,500est.vacationpayout.Totalannualcostof$163,100+benefits,plusonetimecostsof$25,500.•FY-2019:IncreasecurrentAdministrativeAssistantI(InformationAide)positionfrompart-time,30hoursperweektofull-time,40hoursperweek;additionalannualcost:$11,000.FillvacantSr.EngineeringTechnicianposition;annualcost:$62,100+benefits.Addfundingtoallowfora9-monthtrainingoverlapofthenewParksMaintenanceManagerwiththeretiringParksMaintenanceManager;one-timecostof$42,000plus$5,000est.vacationpayout.Totalannualcostof$73,100+benefits,plusone-timecostsof$47,000.•FY-2020:Addandfillone(1)additionalHeavyEquipmentOperatorandone(1)additionalLaborer:annualcost:$100,600+benefits.Thiswouldcreateaspecializedcrewresponsibleforsidewalk/trails/parkinglotsnowremovalinthewinter,andfortrailmaintenanceandroadsignage/striping/crack-fillingduringtheotherseasons.Eliminatetwo(2)SeasonalLaborerpositionsforanannualsavingof$32,000.Totaladditionalannualcost:$68,600+benefits.•FY-2021:Addandfillone(1)additionalMotorEquipmentOperatorandtwo(2)additionalLaborers:annualcost:$140,100+benefits.Thiswouldcreateasmallercrewthatcouldcompletejobsnotrequiringthefull5-membercrewand/oranyheavyequipment,suchassidewalk/trailssnowremovalinthewinter,andparks/trailsmaintenanceduringtheotherseasons.Eliminatetwo(2)SeasonalLaborerpositionsforanannualsavingof$32,000.Totaladditionalannualcost:$108,100+benefits.JudyDrakereviewedthecurrentstafflevelsoftheTownHallDepartments,andpresentedthepreliminarystaffingplanwhichincludesthefollowing:2
•FY-2018:Addadditionalpart-timeAdministrativeAssistantIpositionat20hoursperweek;annualcost:$21,250+benefits.IncreasehoursforexistingPlanningInternpositiontocoverfallsemesteratanadditionalannualcostof$2,500.•FY-2019:ThereareanticipatedretirementsintheDirectorandCodeEnforcementOfficerpositions.Thetwotemporarypositionsfilledin2017forSeniorCodeEnforcementOfficerandElectrical/CodeEnforcementOfficerwillbeheldoverinto2019.TheDirectorpositionmaybefilledinternallythroughpromotion;theCodeEnforcementOfficerpo5itionwillnotbefilled.Thiswillbringthetotalstaffingleveldownto5.5ETE’sattheendof2019,whichiscomparabletothe2016staffinglevel.•FY-2020:Addadditionalpart-timeElectrical/CodeEnforcementOfficerpositionat20hoursperweek;annualcost:$33,050+benefits.MakeDeputyTownClerkposition,createdin2016asatemporary2-yearrecordsmanagementprojectposition,apermanentposition.•FY-2021:IncreaseAdministrativeAssistantIposition,addedin2018,frompart-time,20hoursperweektofull-time,40hoursperweek;annualcost:$19,400+benefits.Theestimatedcostforimplementingthisplan(notincludingemployeebenefits)isshownbelow:TOWNOFITHACACHANGESINANNUALWAGESFOR2018-2021STAFFINGPLANDoesnotincludeEmployeeBenefitsPOSITION2018201920202021TownHallDepartments:31.75flEa29.75nE’s30.25flEa30.75nE’sAdministrativeAssistantI$21.250S-S-S19,400ElectricavCodeEntrcmntOflcr--33,050-PlanningIntern2,500---Total-TownHanDepartments:$23,750S-S33,050S19,400PublicWorksDepartment:34.75FrE’s36.00nE’s38.00FrE’s41.00nE’sWorkingSupervisor$60,800S-$-S-HeawEquipmentCperator--58,700-MotorEquipmentCperator---54,500Laborer40,100-41,90085,600SeasonalLaborers--(32,000)(32,000)CMIEngineer62,200---Sr.EngineeringTechnician-62,100--Admin.Asst,I(InformationAide)-11,000--TotalAnnualWages5163,100$73,100$68,600$108,100TrainingOverlap17,00042,000--vacationPayout8,5005,000--Total-PublicWorksDepartment:S188,600S120,100$68,600S106,100AnnualTotal-AllDepartments:$212,350S120,100S101,650S127,500Ms.Drakestatedthatthisplanwillbereviewedeachyearandstaffingwillbediscussedduringthebudgetprocess.The2018personnelbudgetwillbepreparedwithaddingtheWorkingSupervisor,Laborer,andCivilEngineerpositionsforPublicWorks,andpart-timeAdministrativeAssistantIpositionforCodeEnforcement.3
•NewWaterRateStructureandPreliminary2018Water&SewerRates.TheBoltonPointCommissionhasapprovedimplementingthenewRateStructureeffectiveJanuary1,2018.Thenewratestructurelowerstheminimumusagebilledfrom10,000gallonsperquarterto5,000gallonsperquarter.Billablegallons“lost”inmovingtothelowerminimumhasbeencalculatedat9.4%ofcurrentusage.Incalculatingthenewwaterratefor2018,BoltonPointwillfirstdeterminewhattheratewouldbebasedontheoldratestructure,andthenmultiplythisrateby1.094toaccountforthe“lost”billablegallonsandcollectthesamerevenueunderthenewratestructureaswouldhavebeencollectedundertheoldratestructure.TheTownwillusethesamemethodtodetermineits2018WaterandSewerRatesunderthenewratestructure.Thetablebelowshowsthepreliminarycalculationsof2018WaterandSewerRatesbasedona1%,2%and3%increaseintheBoltonPointbudget/waterrate.TheBoltonPointbudgethasnotyetbeenadopted.WATERANDSEWERRATESPER1.000GALLONSOFWATERCONSUMPTIONPreliminaryCalculationof2018WaterandSewerRatesYEARBOLTONTOWNTOWNOFITHACAMINIMUMPOINTOPERATINGWATERSEWERCHARGENewRateStructure:2018-3%$5.00$238$7.38$4.86$61.202018-2%$4.95$2.36$7.31$4.81S60.602018-1%$4.91S2,33$7.24$4.76$60.00OldRateStructure:2017$4.44$2.11S6.55S4.31S99.962016S4.44$2,11S6.55S4.31S99.982015$4.35$2.03$6.3BS4.27$97.96•WaterBenefitFeesfor2018-2022.TheCommitteereviewedanddiscussedtheWaterBenefitAssessmentFeesmemo.TherevenuesreceivedfromWaterandSewerBenefitAssessmentFeesareusedtopayforcapitalexpendituresand/orfortheannualdebtservicepaymentsonlong-termdebtissuedtofinancepastcapitalexpenditures.AstheTowncontinuestoissuenewlong-termdebttofinancecapitalprojects,annualdebtservicepaymentswillcontinuetoincrease.Atthecloseof2017,theTown’soutstandingwater-relatedlong-termdebtwilltotal$9,476,000withannualdebtservicepaymentsof$1,082,844tobemadein2018.Bythecloseof2021,outstandingwater-relatedlong-termdebtwilltotalanestimated$14,730,000withrelateddebtservicepaymentsof$1,843,300tobemadein2022.4
In2017,therewere8,033.96WaterUnitsonthecountytaxroll.AtaWaterBenefitFeeof$110.00perunit,theTowncollectedrevenuesintheamountof$883,736.Thisrevenuewillcover99.1%ofthe$891,973indebtservicepaymentsmadein2017forprincipalandinterestonlong-termdebtissuedtofinancepastwaterprojects.FortheWaterBenefitAssessmentFeetocontinuetoprovide100%oftherevenuetocovertheannualdebtservicepayments,theannualfeewouldhavetoincreasefrom$110.00in2017toover$220.00in2022.ShownontheschedulebelowisonepossibleprogressionofannualincreasestoraisetheWaterBenefitAssessmentFeefromthecurrent$110.00to$220.00byFV-2022.DESCRIPTION2017’f20182010202020212022ASSESSEDWATERUNITS0,033.96[7,853.956,303.968,303.955,303.966,303.96TOTALANNUALDEOTSERVICE$891,97277S1,062,643.67:$1,304394.57$1,431,475.77$1,677,324.26S1643,301.40BENEFIT5SES5MENTFEE$110.00$135.00$160.00S160.00S200.005220.00ASNUALREVENUERECEIVEDS683,735.60$1,061,634.60$1,325,633.60$1A9.4,712S0$1.660,7910051,126,87120%OFEXPENSECOVERED99.08%98.04%101.66%,103.91%,99.01%,99.11%RevenueOvr(Under)Required1$(6,237.17)’S(21,209.07)!S24,23903!S54,237.031$(16,532.28)15(16,430.20)StatusofTownAudit:TheauditbySciarabbaWalker&Co.oftheyearendedDecem2016isnearingcompletion.Weshouldbereceivingthedraftreportinthenextweeks.StatusofCourtAudit:TheauditbySciarabbaWalker&Co.ofthecourtrecordsfortheyearendedDecember31,2016hasbeencompleted.andthedraftreporthasbeenreceivedanddistributedtoJudgeKleinandJudgeSalkforreview.Thefindingsforthispastyeararemuchimprovedovertheprevioustwoyears.TheTownBoardwillneedtoadoptaresolutionacknowledgingreceiptofthefinalreportattheJulymeeting.SurplusEquipmentAuction:Mr.SolvigreportedthattheTownsoldthree(3)piecesofsurplusequipmentatthePalmyraMunicipalAuctiononMay13.Grossamountforthesaleoftheequipmentwas$63,000,less10%commissiontotheauctioncompany,RoyTeitsworth,Inc.,foranetamountof$56,700totheTown.FleetEquipmentSellingAuctioneer’sNetAmountNo.DescriptionPriceCommissiontoTown22012International6x4DumpTruck$41,500.00$4,150.00S37,350.00402004GradeallWheeledExcavator14,000001,400.0012,600.00802006DynapackRoller7,500.00750.006,750.00SUB-TOTAL:PALMYRAMUNICIPALAUCTIONON5/13/2017:$56,700.002017BillingtoPostOfficefor2011RoofRepairProject:Mr.SolvigreportedthattheannualbillingwassenttotheUSPSonJune1fortheamountof$2,343.93.Themeetingwasadjournedat1:29p.m.NextMeeting:Wednesday,July19,2017at12:00pm,TownHall-AuroraRoom.OtherItems.ber31,couple5
TOWNOFITHACASALESTAXCOLLECTIONSFortheYearEndingDecember31,2017GeneralGeneralHighwayTownwidePart-TownPart-TownTOTALLiabilityMonthA112081120D81120MonthCollected$95000.00$950,000.00$1,955,000.00$3,000,000.000.03170.31670.65171.0000JanuaryMarch7,560.4975,60&90155,586.92238,752.31FebruaryMarch6,413.6564,136.44131,986.04202,53613MarchApril9,494.8494,948.44195,393.90299,837.18AprilJune7,101.4771,014.66146,140.70224,256.83MayJune7,181.1271,811.20147,779.90226,772.22JuneJulyJulyAugustAugustSeptemberSeptemberOctoberOctoberNovemberNovemberDecemberDecemberVIEAccrualTOTALCOLLECTIONS:$37,751.57$377,515.64$776,887.46$1,192,154.67TOTAL-2017BUDGET:$37,751.57$377,515.64$776,887.46$1,192,154.57%ot2017BudgetCollected:39.7%39.7%39.7%39.7%Est.2017TotalCollections:$113,254.71$1,132,546.92$2,330,662.38$3,576,464.01Est.Over(Under)Budget:18,254.71182,546.92375,662.38576,464.012014-2017COMPARISONOFSALESTAXCOLLECUONSPERIOD2014201520162017COMPARISONJanuary220,056.70246,519.03234,073.60238,752.31102.00%February186,064.03193,488.68173,405.66202,536.13116.80%March327,857.13263,293.38254,499.79299,837.18117.81%1stQuarter733,977.86703,301.09661,979.05741,125.62111.96%April219,069.27232,815.10252,207.77224,256.8388.92%May215,857.69231,478.57220,044.01226,772.22103.06%June348,793.74294,863.66279,491.54-0.00%2ndQuarter783,720.70759,157.33751,743.32451,029.0560.00%First6Months1,517,698.561,462,458.421,413,722.37-0.00%July228,195.87242,962.28256,678,29-0.00%August241,303.19245,767.26235,865.88-0.00%September321,392.55289,144.08314,611.21-0.00%3rdQuarter790,691.61777,873.62807,155.38-First9Months2,308,590.172,240,332.042,220,877.75-0.00%October240,640.03272,562.76238,071.61-0.00%November228,886.09252,177.41242,520.42-0.00%December356,967.92302,264.18302,473.47-0.00%4thQuarter826,494.04827,004.35783,065.50-0.00%ANNUALTOTAL3,135,084.213,067,336,393,003,943.25-0.D0%I
TOWN OF ITHACA
PROPERTY TAX LEVY COMPARISON 2018)2017 2018 BUDGET
GENERAL GENERAL HIGHWAY HIGHWAY WATER SEWER FIRE LIGHTDESCRIPTIONTOTALSTOWNWIDEPART-TOWN TOWNWIDE PART-TOWN FUND FUND PROTECTION DISTRICTS
TOTAL APPROPRIATIONS 25,578,594 4,866516 1,747,500 772,062 3,277,351 6,903,671 3,067,200 3,400,000 17,850
APPROPRIATED FUND BALANCE 1,345,947 362,266 289,100 (38,688).104,851 (28,853)399,420 126,000 (1,150)
SALES TAX REVENUE 3,050,000 400,000 1,000,000 0 1,650,000 N/A N/A N/A N/A
OTHER REVENUE 12,944,648 1,354,250 458,400 10,750 122,500 6,923,524 2,657,780 24,000 -
2018 PROPERTY TAX LEVY 8,238,000 2,750,000 N/A 800,000 1,400,000 9,000 10,000 3,250,000 19,000
2018 EST.PROPERTYTAX RATE 6.593779 1.869293 N/A 0.543794 1.318786 0.020787 0.020382 2.861905 VARIOUS
2018 EST.ASSESSED VALUE N/A 1,471144,236 1,061,582,060 1,471144,236 1061,582,060 432,953,186 490,631,221 1,135,607,205 VARIOUS
2O1SEST.TAX-TYPICAL PROPERTY 1,412.82 355.17 N/A 103.32 250.57 135.00 25.00 543.76 N/A
2017 PROPERTY TAX LEVY 7,839,200 3,052,000 N/A N/A 1,250,000 8,600 9,600 3,500,000 19,000
2017 PROPERTY TAX RATE 6.658925 2.164939 N/A ‘LA 1.245164 0.01 9999 0.01 9760 3.248822 VARIOUS
2017 ASSESSED VALUE N/A 1,409.739,322 1,003,883.581 1,409,739.322 1.003,883,581 430,024,284 485,824,941 1077,313,706 VARIOUS
2017 TAX ON TYPICAL PROPERTY 1,400.20 411.34 N/A N/A 236.58 110.00 25.00 617.28 N/A
CHANGE IN TAX LEVY 398,800 (302,000)N/A 800,000 150,000 400 400 (250,000)0
CHANGE IN TAX lEVY %5.09%-9.90%N/A WA 76.00%4.65%4.17%-7.14%0.00%
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ACTUAL AND PROJECTED FUND BALANCES:
2016 ENDING FUND BALANCE 14,061,999 3,724,279 953,567 -1,827,327 2,647,838 2,815,515 1,657,714 5,848
2016 RESERVED FUND BALANCE 2,497,677 946,287 59,979 -1 50,996 17,863 1,322,552 -
2016 UNRESERVED FUND BALANCE 11,564,322 2,777,992 893,588 -1,676,331 2,629,975 1,492,963 1,657,714 5,848
2017 BEGINNING FUND BALANCE 14,061,999 3,724,279 953,567 -1,827,327 2,647,838 2,815,515 1,657,714 5,848
2017 CHANGE IN FUND BALANCE 302,844 (65,373)17,390 .(30,826)139,705 179,190 265,064 1,690
2017 EST.ENDING FUND BALANCE 14,364,843 3,658,907 :970,957 -1,796,501 2,787,543 2,994,705 1,922,778 7,538
2017 RESERVED FUND BALANCE 2,993,400 1,056,000 60,000 -338,000 18,600 1,520,800
2017 UNRESERVED FUND BALANCE 11,371,443 2,602,907 910,957 -1,458,501 2,768,943 1,473,905 1922,778 7,538
2018 BEGINNING FUND BALANCE 14,364,843 3,658,907 970,957 150,000 1,646,501 2,787,543 2,994,705 1,922,778 7,538
2018 CHANGE IN FUND BALANCE (1,345,947)(362,266)(289,100)38,688 (104,851)28,853 (399,420)(126,000)1,150
2018 EST.ENDING FUND BALANCE 13,018,897 3,296,640 681,857 188,688 1,541,650 2,816,396 2,595,285 1,796,778 8,688
2018 RESERVED FUND BALANCE 3,195,900 1,158,000 60,000 -338,500 18,600 1,620,800 --
2018 UNRESERVED FUND BALANCE 9,822,997 2,13B,64O 621,857 188,688 1,203,150 2,797,795 974,485 1,796,778 8,688
2018 FUND BALANCE PERCENTAGE 38.4%43.9%35.6%24.4%.36.7%40.5%31.8%52.8%48.7%
2018 TENTATIVE BUDGET
Description201720182019TotalProjectCost:PreliminaryDesignS15,625S46875$-S62,500DetailedDesign23,70071,100-94,800ROWIncidental5,00015,000-20,000Construction--1,131,0001,131,000Inspection--169,200169,200TotalProjectCost:$44,325$132,975$1,300,200$1,477,500ProjectFunding:FederalFunding$35,460$106,380$1,040,160$1,182,000TownofIthaca8,86526,595260,040295,500TotalProjectFunding:$44,325$132,975S1,300,200$1,477,500TownofIthacaFunding:TransfertoCapitalProject$95,500$100,000$100,000$295,500TotalTownFunding:S95,500$100,000$100,000$295,500ROUTE96BIDANSYROADSIDEWALKPROJECTFederalShare:80%-TownofIthacaShare:20%1
-<OF1TOWNOFITHACAACCOUNTINGDEPARTMENT215N.TIOGASTREET,ITHACA,NY14850www.town.ithaca.ny.usPHONE(607)273-1721FAX(607)273-5854INVOICEDATE:June26,2017INVOICENO:2017-CI-001TO:CityofIthaca108EastGreenStreetIthaca,NY14850FOR:ExpensesforSharedSustainabilityPlannerPeriodfromApril1,2016toMarch31,2017QuantityDescriptionUnitPriceAmount1ExpensesforSharedSustainabilityPlanner$15,632.23$15,632.23Town_ofIthaca-_City_ofIthacaPeriod_from_April_1,_2016_to_March_31,_2017Wages,_benefits,_and_miscellaneous_expenses.(See_attached_breakdown)Total:-$15,632.23Paymentisduewithin30DaysofreceiptofInvoice.Makeallcheckspayableto:TOWNOFITHACAIfyouhaveanyquestionsconcerningthisInvoice,pleasecall(607)273-1721.MailPaymentandaCopyofthisInvoiceto:TOWNOFITHACAACCOUNTINGDEPARTMENT215N.TIOGASTREETITHACA,NY14850
TOWNOFITHACA-CITYOFITHACASHAREDSUSTAINABILIWPLANNERPeriod:April1,2016-March31,2017PROGRAMYEAR:Year3SustainabilityPlanner:NickGoldsmithEXPENDITURES:Wages&Benefits:Wages-$48294.40Benefits-FICA&MedicareS3,694.52NYSRetirement4,491.38HealthInsurance19,291.41LifeInsurance132.00DisabilityInsurance79.20Sub-Total-BenefitsS27,688.51Total-Wages&BenefitsS75,982.91MiscellaneousExpense:SustainabilityIntern-Intern-ShannonDracup$156.60Sub-Total-SustainabilityIntern156.60Conferences&Training-USDNConference$50.00GreenBuildingConference&Expenses611.75Sub-Total-Conferences&Training$661.75Dues&PublicationsUSONMembershipDues$1,150.00Sub-Total-Dues&Publications1,150.00OtherExpenses-RESPMeetingRefreshments$79.41LegalExpense-SusanH.Brock(RESP)361.00CommunicationsConsultant-2016Exp.259.20CommunicationsConsultant-2017Exp.345.60Sub-Total-OtherExpenses$1,045.21Total-MiscellaneousExpense:S3,013.56TOTALEXPENDITURES:S78,996.47REVENUES:ParkFoundationGrant$47,732.00TownofIthaca15,632.24CityofIthaca15,632.23TOTALREVENUES:S78,996.47