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Home My WebLink AboutMeeting Notes 3-28-18 1 BUDGET COMMITTEE Meeting Minutes - March 28, 2018 Committee present: Pamela Bleiwas, Pat Leary Committee absent: Eric Levine Staff present: Mike Solvig, Judy Drake, Shannon Sanzi (Ithaca Town Court) Others present: Meeting was called to order by Pamela Bleiwas at: 12:03 p.m. AGENDA ITEMS: • Review and approve meeting notes from February 28, 2018. Moved: Pamela Bleiwas Second: Pat Leary Motion Passed • Discuss the purchase of new furniture for Ithaca Town Court office. At the January meeting the Committee directed the Town Court to work with a furniture contractor to develop an acceptable plan and cost estimate, and bring these back to the Budget Committee for further discussion. Town Court staff worked first with Stevens Office Interiors, but were not happy with the solutions proposed by this vendor. They have recently been working with Sedgwick Business Interiors to develop the furniture plan and cost estimate of $10,096.52 presented to the Committee today. After discussion, the Committee recommended the removal of the new chairs from the plan, reducing the final cost to $8,781.24. At this amount, the Committee will recommend the Town Board approve the purchase of the new furniture for the Ithaca Town Court office. • Review Five-Year Budget Projections. The Five-Year Budget Projections for Fiscal Years 2019 - 2023 were reviewed by the Committee. ASSUMPTIONS - The projections were prepared using the following assumptions: - Salaries and wages will gradually increase from 2.5% in 2019 to 3.0% in 2023. Retirement is estimated along similar increases. Health insurance expense is estimated to increase 5% in 2019, 7% in 2020 and 2021, and 8% in 2011 and 2023. - Expenditures for contractual services will “generally” increase by 2% annually. Petroleum products (gasoline, diesel fuel and asphalt) are projected to increase 5% annually. - Capital projects included were based on the latest available CIP schedule, with some modification to the order of the highway projects. A revised CIP schedule is currently being prepared by Public Works which will change the years in which the various projects are scheduled, but is not expected to significantly change the annual expenditures. In the General Townwide Fund, Highway Part-Town Fund and Sewer Fund, capital projects will be paid for largely with current year revenues and/or fund balance. Capital projects in the Water Fund remain financed largely by issuing new long-term debt. - Property Tax Levy increases by 1.8% in 2019, and from 2.3% to 2.4% in 2020-2023. These budget projections are made without attempting to calculate or stay in compliance with future tax cap amounts. 2 - Water benefit fee will gradually increase from $125/unit in 2018 to $220/unit in 2023. Sewer benefit fee will increase from $25/unit in 2018 to $45/unit in 2019 and after. - 2.5% annual increase in water rates. Sewer rents gradually increase from 1% in 2019 to 2.0% in 2023. - Total sales tax collections are projected to remain at $3,150,000 annually. The budget projections are based on many assumptions which, while they seem reasonable today, will undoubtedly vary from actual conditions as we move through future years. When reviewing these projections, users are cautioned to focus on emerging trends rather than individual numbers. BUDGET PROJECTION VERSION 1 - This projection keeps future allocation of property tax and sales tax collections largely unchanged from today. The property tax bill for a typical property would gradually increase from $1,403.08 in 2018 to an estimated $1,460.11 in 2023, an increase of 4.1% over five years, or an average of 0.8% annually. In this projection most of the major funds will keep year-end unreserved fund balance above the 25% target level through most years. The major exception is the General Part-Town Fund, where unreserved fund balance decreases each year; falling to just above 25% in 2019, below 10% in 2020 and then becomes negative in 2021. This is due to the effect of adding the two new code enforcement officer positions in 2017 and administrative assistant position in 2018 without adding a permanent revenue source to fund them. BUDGET PROJECTION VERSION 2 - In this projection, total property tax and sales tax collection amounts remain unchanged from those in Projection 1. The allocation of sales tax collections changes to improve the year-end percentage of fund balance for the General Part-Town Fund. In both 2019 and 2020, an additional $50,000 from the General Fund and $100,000 from the Highway Part-Town Fund would be permanently re-allocated to the General Part-Town Fund. While this does strengthen the position of the General Part-Town Fund, it also weakens the General Fund and Highway Part-Town Fund in future years. As there are no changes to the property tax levies, the property tax bill for a typical property in years 2019-2023 remains the same as in projection 1. • Continue discussion on 2018 Bond Issue. Mr. Solvig reported that the favorable bids received for the Ellis Hollow Water Tank and Water Main construction will significantly lower the amount of the bonds will need to issue by at least $500,000. • Other Items. (None) The meeting was adjourned at 12:56 p.m. Next Meeting: Wednesday, May 23, 2018 at 12:00 pm, Town Hall - Aurora Room TOWNOFITHACABUDGETCOMMItTEEWednesday,March28,2018-12:00p.m.TownHall-AuroraConferenceRoomAGENDA•ReviewandapprovemeetingminutesfromFebruary28,2018.•DiscussFurnitureforIthacaTownCourtoffice.•ReviewFive-YearFinancialProjectionsfor2019—2023.•Continuediscussionon2018BondIssue.•OtherItemsNextMeeting:Wednesday,April18,2018at12:00p.m. BUDGETCOMMITTEEDraftMeetingMinutes-February28,2018Committeepresent:EricLevine-Chairman,PatLeary,PamelaBleiwasStaffpre5ent:MikeSolvig,JudyDrake,BruceBates(departed12:15),PauletteRosa(departed12:15)Otherspresent:BillGoodmanMeetingwascalledtoorderat:12:02p.m.AGENDAITEMs:•ReviewandapproveJanuary17,2018meetingminutes.Moved:PamelaBleiwasSecond:PatLearyMotionPassed•DiscussincreasinghoursforCodesDepartmentPart-TimeAdministrativeAssistantIposition.JudyDrakeinformedtheCommitteethatournewpart-timeAdministrativeAssistantIstartedon2/12,andhasgivennoticeshewillbeleavingtotakeadifferentjobeffective2/22.Aswewillhavetobegintheprocesstofillthepositionagain,wealsowantedtodiscussincreasingthehoursforthispositionfrompart-time20hourstofull-time37.5hours.Wewouldliketoincreasethehoursfortworeasons:1)TheadditionalworkloadfromtherecentlyadoptedADUregulationsandexpectedshort-termrentalrequirementswilltakeuptheadditional17.5hoursperweek.Staffwasexpectingtorecommendincreasingthehoursforthispositiontofull-timein2019.2)Itiseasiertofillafull-timeposition.Ourtopcandidatefromthepreviousinterviewsturnedthepositiondownbecauseitwasnotfull-time.TheremainingcandidatesontheCivilServicelistwereinterviewed,andTownstaffwasnotimpressedwiththesecandidates.Itisthoughtthatincreasingthehourswouldgenerateincreasedinterestintheposition.Thebudgetimplicationsinincreasingthehoursfrompart-timetofull-timeareminimal.Duetotheamountoftimethepositionwas/willbeopenin2018,wewouldneedtoincreasethebudgetbyonly$7,500tofundthepositionatfull-timefortheremainderof2018.PatLearycommentedthataslongasstaffwasgoingtorecommendincreasingthepositiontofull-timein2019,shewouldsupportmakingthechangethisyear.BillGoodmanalsospokeinfavorofchangingthispositiontofull-time.AfterashortdiscussiontheBudgetCommitteeindicatedtheirsupporttoincreasethehoursoftheAdministrativeAssistantIpositiontofull-timefortheremainderof2018.•FinancialReportfortheYearEndedDecember31,2017.TheCommitteereviewedtheFinancialReportfortheYearEndedDecember31,2017.ThefinancialresultsforFiscalYear2017weregenerallypositive,withfundbalancesincreasinginmostfunds.FundbalancesdecreasedintheSewerFund,RiskRetentionFund,DebtServiceFundandCapitalProjectFunds.TheInletValleyCemeteryFundwasclosedinlate2017.Forallfunds,combinedrevenuesandothersourcesof$21,401,768exceededcombinedexpendituresandotherusesof$20,935,434.1 2017alsosawrevenuefromsalestaxcollectionsincrease6.0%overcollectionsfortheprioryear.Totalcollectionsof$3,184,969in2017setanewhistoricalhighforsalestaxrevenues,surpassingtheprevioushistoricalhightotalof$3,135,084receivedin2014.Forthemajorfunds,resultsof2017operationswereasfollows:-GENERALTOWNWIDEFUND-Fundbalanceincreasedby$359,670,withrevenuesof$4,670,449exceedingexpendituresof$4,310,780.Endingfundbalancetotaled$3,997,009,whichincludesreservesof$827,661fortheParks,RecreationandOpenSpacePlanaccount,$165,444fortheGeneralBenefitReserve,$40,129forthePreserveMaintenanceaccount,$9,844fortheLandStewardshipaccount,and$4,421fortheInletValleyCemetery.Theunreservedfundbalanceof$2,949,510represents59.2%of2018budgetedappropriations.-GENERALPART-TOWNFUND-Withrevenuesof$1,681,221exceedingexpendituresof$1,472,969,fundequityincreasedby$208,253.Revenuesexceededbudgetduelargelytoincreasedreceiptsfromsalestaxcollections.Expensesweresignificantlyunderbudgetforcontractualservices.Year-endfundbalanceof$1,072,764includes$69,389fortheGeneralBenefitReserve.Theunreservedfundbalanceof$1,003,374represents53.0%of2018budgetedappropriations.-HIGHWAYPARr-TOWNFUND-Revenuesof$3,736,781exceededexpendituresof$3,268,748,increasingyear-endfundbalanceby$468,033.Revenueswerehigherthanexpected,helpedbyincreasedreceiptsfromsalestaxcollections,thesaleofsurplusequipment,$180,000fromtheBadgerEquipmentsettlement,andstateaid(CHIPS).Endingfundbalanceof$2,267,511includes$250,000fortheHighwayEquipmentaccountand$79,322fortheGeneralBenefitReserve.Unreservedfundbalancetotals$1,938,189or50.5%of2018budgetedappropriations.-WATERFUND-Fundequityincreasedby$172,578asrevenuesof$3,982,779exceededexpenditurestotaling$3,810,201.Revenuesfrommeteredwatersaleswereunderbudget,aswereexpendituresforpurchasingwaterfromBoltonPoint.Theendingfundequityof$2,820,416includes$23,811fortheGeneralBenefitReserve.Theunreservedfundequityof$2,796,604represents67.8%of2018budgetedappropriations.-SEWERFUND-Withexpendituresof$2,531,486exceedingrevenuesof$2,479,228,fundequitydecreasedby$52,259.Revenuesfromsewerrentswereunderbudget,whileexpendituresfortheTown’sshareofannualIAWTFdebtservicepaymentsexceededbudget.Theendingfundequityof$2,838,426includes$12,034fortheGeneralBenefitReserveand$1,509,746fortheSiCProlectsaccount.Theunreservedfundequityof$1,316,646represents39.9%of2018budgetedappropriations.-FIREPROTECTIONDIsTRICTFuND-Withrevenuesof$3,531,788exceedingexpendituresof$3,110,674,fundbalanceincreasedby$421,114tototal$2,078,827atyear-end.Theyear-endfundbalancerepresents61.5%of2018budgetedappropriations.Thereservefundsandaccountsareinverygoodshapeasofyear-end,andwerereviewedbytheBudgetCommitteeattheJanuarymeeting.ReportonSalesTaxandMortgageTaxCollection5for2017.-SalesTaxCollections:TheCommitteereviewedtheSalesTaxCollectionsReportfortheYearEndedDecember31,2017.Collectionsin2017totaled$3,184,969,anincreaseof$181,026or6.0%overthe2016totalof$3,003,943.Thisreversesatwo-yeartrendin2015and2016wherecollectionsfellshortofthetotalfortheprioryear.2017alsosetsanewhistoricalhighforsalestaxcollections,surpassingtheprevioushistoricalhightotalof$3,135,084receivedin2014.SalestaxrevenuesaredistributedbetweentheGeneralTownwideFund,GeneralPart-TownFundandHighwayPart-TownFund.2 SALESTAXCOLLECTIONS201220172013201420152016SalesTax-Budget$2,650000S2750000$2,825000$2,885,000$3000,000$3,000,000SalesTax-Actual2,907,2132,990,8633,135,0843,067,3363,003.9433,184,969ActualOver(Under)Budget$257,213S240,653S310,084$182,335$3.943$184,969Pctu&as%ofPriorYearActual103.48%102.58%104.52%97.84%97.93%106.03%-MortgageTaxCollections:Mr.Solvigreportedthatcollectionsfor2017totaled$279,791,a2.2%decreasefromthe$286,227collectedin2016.Thiswasthesecondyearwheretotalcollectionsdecreasedfromtheprioryear.MORTGETAXCOLLECTIONS2012120132014201520162017MortgageTax.BudgetS200,00052200005250,000S350.000$300,000S250,000MortgageTax.Actual279,560313,999329274420.760286,227279.791ActualOver(Under)BudgetS79,560593,999S79,274S79.760S(lana)S29.791Actualas%ofPriorYearActual11171%112.32’,’.104.erhl130.52%66,60’!.97.75%•Discuss2018BondIssue.TheTownisscheduledtoissuenewlong-termdebtthisyeartofinancewaterinfrastructureprojectsfromthe2016,2017and2018CapitalImprovementPrograms.TheTrumansburgWaterTankandParkLaneWaterMainprojectswereconstructedin2016,theSapsuckerWoodsWaterMainandChristopherCircleWaterMainprojectswereconstructedin2017,andtheEllisHollowWaterTank/WaterMainprojectisoutforbidandwillbeconstructedthisyear.Weanticipateissuingapprox.$4,850,000innewdebtasdetailedonthefollowingschedule:.AmountAmountIssuance2018PublicImprovementBondsAuthorizedBondedCostsTrumansburgRoadWaterTank$900,000$700,000$5,200ParkLaneWaterMains500,000500,0003,700SapsuckerWoodsWaterMains579,598500,0003,700ChristopherCircleWaterMains422,319400,0003,000EllisHoflowWaterTank/WaterMain2,750,0002,750,00020,400Total-2018BondIssue$5,151,917$4,850,000S36,00DTheestimatedissuancecostsof$36,000represent0.74%oftheexpectedbondproceeds.EstimatedBondIssuanceCostsAmountBondAttorney-Orrick,Herrington&Sutclifte$12,500.00BondAdvisors-FiscalAdvisors&Marketing,Inc.8,500.00BondRating-Moody’sInvestorsServices12,500.00Printing&Mailing-PremierPrintingServices2500.00TotalEstimatedBondIssuanceCosts:S36,000.00Whileassumingthebondswillbeissuedfora15yearterm,Mr.SolvigalsowantedtoinformtheCommitteeofthefinancialimplicationsofa10yearterm.-15YEARMATURITY:Estimatedinterestrateatanaverageof2.75%overthe15yearlifeofthebonds.Theaverageannualdebtservicepaymentisapprox.$400,000.Totalinterestpaidoverthelifeofthebondsisestimatedat$1,150,000.Finalpaymentwouldbemadein2033.3 -20YEARMATuRITY:Estimatedinterestrateatanaverageof2.90%overthe20yearlifeofthebonds.Theaverageannualdebtservicepaymentisapprox.$324,500.Totalinterestpaidoverthelifeofthebondsisestimatedat$1,633,500.Finalpaymentwouldbemadein2038.Mr.SolvigalsoinformedtheCommitteethattheTownwillcontinueusingOrrick,Herrington&SutcliffeLLPofNewYork(DouglasE.Goodfriend)asourBondCounsel,andFiscalAdvisorsandMarketing,Inc.ofSyracuse(JohnShehadi)asourBondAdvisor.•ReviewLong-TermDebtandDebtServiceProjections.TheCommitteereviewedtheLong-TermDebtandDebtServiceProjectionschedulesforFiscalYears2018through2030.FuturefiscalyeardebtprojectionsincludethosecapitalprojectsidentifiedintheTown’sCapitalImprovementPlan(uptoandincludingFiscalYear2022)tobefinancedbyissuingnewlong-termdebt,withtheamountofthedebttobeissuedequaltothecurrentestimatedcostoftheproject.Interestrates,whichhaveremainedhistoricallylowoverthepastsixyears,havestartedtoincrease.AverageinterestratesfortheTown’s2011,2013and2014bondissueshaveallbeenslightlylessthan3%.Interestrateforthe2015bondissuewasjustover2%.Totaloutstandinglong-termdebtincreasesfrom$10,769,000atyear-endin2017toanestimated$17,625,000atyear-endin2022.Ofthistotal,$1,191,000isforfacilitiesimprovements,$1,265,000isforhighwayimprovements,andtheremaining$15,169,000forwaterinfrastructureimprovements.Totalannualdebtservicepayments(principalandinterest)increasefrom$1,403,000in2017toanestimated$2,271,000in2022.Ofthistotal,$279,300isforfacilitiesimprovements,$260,400isforhighwayimprovements,andtheremaining$1,731,300forwaterinfrastructureimprovements.•OtherItems.-2018justiceCourtAssistanceProgram(JCAP)Grant:TheTownreceivedacheckfromtheStateintheamountof$1,039.92forthe2018JCAPGrant.Thisyear’sgrantwillallowtheIthacaTownCourttopurchaseanewbookcaseforJudgeKlein’soffice.-UpdateonreplacementofCourtClerks’furniture:TownCourtpersonnelareworkingwithStevensOfficeInteriorsofSyracusetodevelopanewfurnitureplanandcostestimate.Oncethesearecompleted,theywillreturntotheBudgetCommitteeforfurtherdiscussion.StevensOfficeInteriorsisalsoworkingwithPublicWorkstoaddanadditionalworkstationforthenewCivilEngineerintheofficeareaatthePublicWorksFacility.-Auditof2017FinancialStatements:AuditorsfromSciarabbaWalker&Co.willbehereonMarch26&27forpreliminaryfieldwork.FieldworkisscheduledforthefirstweekofMay.NoschedulehasbeensetyetfortheCourtaudit.-Moody’sAnnualBondRatingUpdate:Mr.GoodmansharedwiththeCommitteeacopyoftheannualupdatetotheTown’sprofilebyMoody’sInvestorsService.ThereportwasinthecorrespondencefolderatthelastTownBoardmeeting.Themeetingwasadjournedat1:03p.m.4 TOWNOFITHACAFIVE-YEARBUDGETPROJECTIONPROPERTYTAXLEVYFISCALYEARS2019-2023BUDGETPROJECTION-2019-2023-VERSION1DESCRIPTIONACTUALAcTuALjBUDGETPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTED20162017201820192020202120222023PROPERTYTAXLEVY:GENERALTOWNWIDEFUND$2,600,000$3052,000$2,750000$2,805,193$2,861,297$2,918,523$2,976,893$3,036,431HIGHWAYTOWNWIDEFUND--800,000816,000832,320848,966865,946883,265HIGHWAYPART-TOWNFUND1,500,0001,250,0001,400,0001,428,0001,456,5601,485,6911,515,4051,545,713WATERFUND8,5008,6009,0008,8008,9769,1569,3399,525SEWERFUND9,7009,60010,00010,00010,00010,00010,00010,000FIREPROTECTIONFUND3,550,0003,500,0003,250,0003,300,0003,400,0003,500,0003,600,0003,700,000LIGHTDISTRICTSFUND17,00019,00019,00019,00019,00019,00019,00019,000TOTALPROPERTYTAXLEVYI$7,685,200$7,839,200$8,238,000$8,386,99358,588,153$8,791,336$_8,996,582_[$9,203934INCREASEFROMPRIORYEAR$475,0001$154,000$398,800$148,993$201,160S203,183$205,247$207,352%INCREASEFROMPRIORYEAR6.59%2,00%i5.09%1.81%2.40%2.37%2.33%2.30%ASSESSEDVALUATIONS:II‘IGENERALTOWNWIDEFUND1,366.007,6771.409.739,3221,470,783,6201,529,615,173:1,500,799,7601.630.569.7741,675,410,4431,725,672.756HIGHWAYTOWNWIDEFUND--1.470,783,820,1,529,615.1731,590,799.7801.630,569,7741,675,410.4431,725,672.756HIGHWAYPART-TOWNFUND974,757,3471,003,643,5811,061,231,6441.103.660,9101,147,628,1461.176.523,8501,208,878,2561,245,144,603FIREPROTECTIONFUND1,044,988,6221,077,313,7061,135.473,4891,180,692,4291,228,128,1261,258,831,3291,293,449,1901,332,252,666PROPERTYTAXRATES:GENERALTOWNWIDEFUNDS1.9034$2.1649$1.8698$1.8339$1.7987$1.7899$1.7768$1.7596HIGHWAYTOWNWIDEFUND--0.54390.53350.52320.52070.51690.5118HIGHWAYPART-TOWNFUND1.53881.24521.31921.29391.26901.26281.25361.2414FIREPROTECTIONFUND3.39723.24882.86222.79452.76842.78042.78332.7773TOTALPROPERTYTAXRATE$6.8394$6.6589$6.5951$6.4557$6.3593$6.3537$6.3305$6.2900PROPERTYTAXBILLFORATYPICALPROPERTYINTHETOWNOFITHACADESCRIPTION201620172018P20192020202120222023GENERALTOWNWIDEFUND$361.64$411.34$355.25$348.44‘S341.74$340.08$337.59$334.32HIGHWAYTOWNWIDEFUND--103.35101.3699.4198.9298.2097.25HIGHWAYPART-TOWNFUND292.38236.58250.65245.83241.10239.93238.18235.86FIREPROTECTIONFUND645.46617.28543.83530.95526,00528.27528.82527.68WATERBENEFITASSESSMENT100.00110.00125.00150.00170.00190.00210.00220.00SEWERBENEFITASSESSMENT25.0025.0025.0045.0045.0045.0045.0045.00TAXONTYPICALPROPERTY’$1,424.48$1,400.20$1,403.081$1,421.59$1,423.26$1,442.20$1,457.79$1,460.11CHANGEFROMPRIORYEAR$59.22$(24.28)$2.88$18.51$1.67$18.94$15.60$2.32%CHANGEFROMPRIORYEAR4.34%-1.70%0.21%1.32%0.12%1.33%1.08%0.16%‘ATypicalProperlyintheTownofIthacaisaSingleFamilyResidencewithanAssessedValueci$190,000.SALESTAXCOLLECTIONS’ACTUALACTUALESTIMATEDPROJECTEDPROJECTED‘PROJECTEDPROJECTEDPROJECTED20162017I20182019‘2020202120222023GENERALTOWNWIDEFUND$400,754S100,000$413,100$413,100$413,100P$413,100‘$413,100:S413,100GENERALPART-TOWNFUNDI950,0001,000,0001,032,8001,032,8001,032,8001.032,8001,032,8001,032,800HIGHWAYPART-TOWNFUND‘1,653,1892,084,9691,704,1001,704,1001,704,1001,704,100,1,704,1001,704,100TOTALSALESTAXCOLLECTED$3,003,943$3,184,969$3,150,000$3,150,000$3,150,000$3,150,000I$3,150,000$3,150,000BUDGETPROJECTION-2019-2023-VERSION1 GENERALTOWNWIDEFUNDTOWNOFITHACAFIVE-YEARBUDGETPROJECTIONSUMMARYOFREVENUESANDEXPENDITURESFISCALYEARS2019-2023GTOWNWIDEFL)ACTUALESTPMThDPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDENERALND2017201620192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT1,456,4441,641,2151,655,9481,686,6911,728,9691,770,1041,817,414PUBLICSAFETY75.22576,62785,36386,61590,11191,52292,958TRANSPORTATION369,715560,6561,989,881429,956440,542452,186464,158CULTURE&RECREATION951,1011,227,8551.197,9301,023,3581,085,221947,5951,050,002HOME&COMMUNID’SERVICE255,243249,536273,378241,298267,186258,319284,480EMPLOYEEBENEFITS944,754948,284999,1001,039,8801,069,8651,127,4721,195,007INTERFUNDTRANSFERS258,295229,954265,389317,180318,053310.745318,438TOTAL-EXPENDITURESBYFUNCTION:4,310,7774,934,1286,466,9894,824,9784,999,9464,957,9435,222,456EXPENDITURESBYCLASS:PERSONALSERVICES1,650,0201,850,6591,842,4761,889,2191,941,0851,999,2222,059,102EQUIPMENT/CAPITALOUTLAY176,130337,000271,12587,750192,125120,500223,250CONTRACTUALSERVICES1,192,2981,468,2311,403,8991,350,9481,378,8181,400,0041,426,659CAPITALPROJECTS89,280100,0001,685,000140,000100,000--EMPLOYEEBENEFITS944,754948,284999,1001,039,8801,069,8651,127,4721,195,007INTERFUNDTRANSFERS258,295229,954265,389317,180318,053310,745318,438TOTAL-EXPENDITURESBYCLASS:4,310,7774,934,1286,466,9894,824,9784,999,9464,957,9435,222,456REVENUES:REALPROPERTYTAXES3,052,0002,750,1892,805,1932,861,2972,918,5232,976,8933,036,431REALPROPERTYTAXITEMS60,96662,37562,37562,37562,37562,37562,375SALESTAX100,000413,100413,100413,100413,100413,100413.100FRANCHISETAX-------DEPARTMENTALINCOME16,74714,65014,65014,65014,65014,65014,650INTERGOVERNMENTALCHRGS101,496101,000101,000101,000101,000101,000101,000USEOFMONEY&PROPERTY37,27236,52337,39938,30039,22940,18641,171LICENSESANDPERMITS11,16511,57311,57311,57311,57311,57311,573FINESANDFORFEITURES224,402261,625261,625261,625261,625261,625261,625SALEOFPROPERTY5,907------MISC.LOCALSOURCES65,21943,90044,77845,67446,58747,51948,469STATE&FEDERALAID339,612275,000275000275,000275,000275,000275,000INTERFUNDTRANSFERS655,665593,100604,600617,100629.400641,500655,000PROCEEDSOFOBLIGATIONS--1,500,000----TOTALREVENUES:4,670,4504,563,0356,131,2934,701,6944,773,0624,645,4214,920,394APPROPRIATEDFUNDBALANCE(359.673)371,092335,696123,284226,884112,522302,062REVENUE&OTHERSOURCES:4,310,7774,934,1286,466,9894,824,9784,999,9464,957,9435,222,456FUNDBALANCE:BEGINNINGFUNDBALANCE3.624.2813,983,9533,612,8613,277,1653,153,8822,926,9972,814,475ADO-REVENUES&OTHERSOURCES4,670,4504,563,0356131,2934,701,6944,773,0624,845,4214,920,394DEDUCT-EXPENDITURES4,310,7774,934,1286,466,9894,824,9784,999,9464,957,9435,222,456(INCREASE)DECREASEINFUNDBALANCE(359,673)371,092335,696123,284226,884112,522302,062ENDINGFUNDBALANCE3,983,9533,612,8813,277,1653,153,8822,926,9972,614,4752,512,414-RESERVEDFUNDBALANCE1,041,8591,046,0941,146,8841,247,7341,3486441,449,6441,550,644-UNRESERVEDFUNDBALANCE2,942,0942,566,7672,130,2811,906,1481,578,3531,364,831961,770-FUNDBALANCE%ATYEAREND59.6%39,7%44.2%38.1%31.8%26.1%18.4%A-i GENERALPART-TOWNFUNDTOWNOFITHACAFIVE-YEARBUDGETPROJECTIONSUMMARYOFREVENUESANDEXPENDITURESFISCALYEARS2019-2023GPARTTOWNFUACTUALEsTIr.tTaPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDENERAL-ND2017201820192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT138328161.836167,836171,941176,152180,472184,856PUBLICSAFETY-------TRANSPORTATION-------CULTURE&RECREATION-------HOME&COMMUNITYSERVICE907,8851,145,8111,065,175988,357982,4261,046,5811,041,607EMPLOYEEBENEFITS345,655447,325464,162486,476510,344538,495569,064INTERFUNDTRANSFERS81,10086,30087,77589,37591,17592,77594,675TOTAL-EXPENDITURESBYFUNCTiON:1,472,9691,841,2721,784,9481,736,1491,760,0951,858,3241,890,201EXPENDITURESBYCLASS:PERSONALSERVICES807,099879,066901,043923,557948,941977,3941,006,701EQUIPMENT/CAPITALOUTLAY-32,00034,00034,0002,00037,0002,000CONTRACTUALSERVICES239,115396,581297,968202,741207,637212,659217,761CAPITALPROJECTS-------EMPLOYEEBENEFITS345,655447,325464,162486,476510,344538,495569,064INTERFUNDTRANSFERS81,10086,30087,77589,37591,17592,77594,675TOTAL-EXPENDITURESBYCLASS:1,472,9691,841,2721,784,9481,736,1491,760,0961,858,3241,890,201REVENUES:REALPROPERTYTAXES-------REALPROPERTYTAXITEMS-------SALESTAX1,000,0001,032,8001,032,8001,032,8001,032,8001,032,8001,032,800FRANCHISETAX81,16854,50067,00066,50066,00065,50065,000DEPARTMENTALINCOME380,166200,125204,127208,210212,374216,621220,954INTERGOVERNMENTALCHRGS-------USEOFMONEY&PROPERTY950750750750750750750LICENSESANDPERMITS-------SALEOFPROPERTY-------MISC.LOCALSOURCES100,000100,000-----STATE&FEDERALAID118,756171,654137,65087,65087,65087,65087,650INTERFUNDTRANSFERS181-----PROCEEDSOFOBLIGATIONS-------TOTALREVENUES:1,681,2211.559,8291,442,3271,395,9101,399,5741,403,3211,407,154APPROPRIATEDFUNDBALANCE(208,253)281,444342,621340,239360,523455,002483,048REVENUE&OTHERSOURCES:1,472,9691,841,2721,784,9481,736,1491,760,0961,858,3241,890,201FUNDBALANCE:BEGINNINGFUNDBALANCE916,5031,124,756843312500,691160,451(200,071)(655074)ADD-REVENUES1,681,2211,559,8291,442,3271395,9101,399,5741,403,3211,407,154DEDUCT-EXPENDITURES1,472,9691,841,2721,784,9481,736,1491760,0961,858,3241890,201(INCREASE)DECREASEINFUNDBALANCE(208,253)281,444342,621340,239360,523455,002483,048ENDINGFUNDBALANCE1,124.756843,312500,691160,451(200,071)(655,074)(1,138,121)-RESERVEDFUNDBALANCE63,59563,64563,64563,69563,69563,74563,745-UNRESERVEDFUNDBALANCE1,061,161779,667437,04696,756(263,766)(718,819)(1,201,866)-FUNDBALANCE%ATYEAREND57,6%43.7%25.2%54%-14.2%-38.0%-63.6%B-i HIGHWAYTOWNWIDEFUNDTOWNOFITHACAFIVE-YEARBUDGETPROJECTIONSUMMARYOFREVENUESANDEXPENDITURESFISCALYEARS2019-2023HVPHTFACTUALESTIMATEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDIGHWAAT-OWNUND2017201820192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT-62008364653187028,8769,053PUBLICSAFETY-------TRANSPORTATION-639,440660,734549,475569,151589,824765845CULTURE&RECREATION-------HOME&COMMUNITYSERVICE-------EMPLOYEEBENEFITS-119,645126,500133,823141,699151,051161,163INTERFUNDTRANSFERS--24,60025,10025,60026,10026,600TOTAL-EXPENDITURESBYFUNCUON:-767,285820,198716,929745,152775,850962,662EXPENDITURESBYCLASS:PERSONALSERVICES-258,640265,106271,734279,206287,583296,210EQUIPMENT/CAPITALOUTLAY-125,000130,000---155,000CONTRACTUALSERVICES-264,000273,992266,273298,646311,117323,689CAPITALPROJECTS-------EMPLOYEEBENEFITS-119,645126,500133,823141,699151,051161,163INTERFUNDTRANSFERS--24,60025,10025,60026,10026,600TOTAL-EXPENDITURESBYCLASS:-767.285820,198716,929745,152775,850962,662REVENUES:REALPROPERTYTAXES-800,000816,000632,320848,966865,946883,265REALPROPERTYTAXITEMS-3,1153,1153,1153,1153,1153,115SALESTAX-------DEPARTMENTALINCOME-------INTERGOVERNMENTALCHRGS-15,00015,00015,00015,00015,00015,000USEOFMONEY&PROPERTY-750750750750750750LICENSESANDPERMITS-------SALEOFPROPERTY-------MISC.LOCALSOURCES-------STATE&FEDERALAID-------INTERFUNDTRANSFERS-150,000-----PROCEEDSOFOBLIGATIONS-------TOTALREVENUES:-968,865834,865851,185867,831884,811902,130APPROPRIATEDFUNDBALANCE-(201580)(14,667)(134,256)(122,679)(108,960)60,533REVENUE&OTHERSOURCES:-767.285820,198716,929745,152775,850962,662FUNDBALANCE:BEGINNINGFUNDBALANCE--201,580216,247350,503473,182582,142ADD-REVENUES-968,865834,855851,185867,831884,811902,130DEDUCT-EXPENDITURES-767,285820,198716,929745,152775,850962,662(INCREASE)DECREASEINFUNDBALANCE-(201,580)(14,667)(134,256)(122,679)(108,960)60,533ENDINGFUNDBALANCE-201,580216,247350,503473,182582,142521,610-RESERVEDFUNDBALANCE-------•UNRESERVEDFUNDBALANCE-201,580216,247350,503473,182582,142521,610-FUNDBALANCE%ATYEAREND-24.6%30.2%47.0%61.0%60.5%54.2%DA-1 HIGHWAYPANT-TOWNFUNDTOWNOFITHACAFIVE-YEARBUDGETPROJECTIONSUMMARYOFREVENUESANDEXPENDITURESFISCALYEARS2019-2023PFACTUALESTIMATEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDHIGHWAYART-TOWNUND2017201620192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT72.01677,79981,44083,06384,71886,40688,128PUBLICSAFETY------TRANSPORTATION2,403,9782,576,3992,206,4592,563,2512,269,0762,626,6552,579,970CULTURE&RECREATION-------HOME&COMMUNITYSERVICE-------EMPLOYEEBENEFITS414,529443,980469,567496,950526,412561,069598,675INTERFUNDTRANSFERS378,225537,333349,840421,033397,985409,655401,298TOTAL-EXPENDITURESBYFUNCTION:3,268,7483,635,5113,107,3063,564,2963,278,1913,683,7853,668,070EXPENDITURESBYCLASS:PERSONALSERVICES795,124745,972742,330760,889781,813805,268829,426EQUIPMENT/CAPITALOUTLAY334,610236,000390,250153,500362,250219,000269,500CONTRACTUALSERVICES782,341622,226655.319681,925709,731738,793769,172CAPITALPROJECTS563,9191,050,000500,0001,050,000500,000950,000800,000EMPLOYEEBENEFITS414,529443,980469,567496,950526,412561,069598,675INTERFUNDTRANSFERS378,225537,333349,840421,033397,985409,655401,298TOTAL-EXPENDITURESBYCLASS:3,268,7483,635,5113,107,3063,564,2963,278,1913,683,7853,668,010REVENUES:REALPROPERTYTAXES1,250,0001,400,0001,428,0001,456,5601,485,6911,515,4051,545,713REALPROPERTYTAXITEMS-7,5557,5557,5557,5557,5557,555SALESTAX2,084,9691,704,1001,704,1001,704,1001,704,1001,704,1001,704,100DEPARTMENTALINCOME-------INTERGOVERNMENTALCHRGS15,2141,768-----USEOFMONEY&PROPERTY2,6612,0002,0002,0002,0002,0002,000LICENSESANDPERMITS-------SALEOFPROPERTY240,20745,00045,00045,00045,00045,00045,000MISC.LOCALSOURCES11,149------STATE&FEDERALAID132,581115,000115,000115,000115,000115,000115,000INTERFUNDTRANSFERS-------PROCEEDSOFOBLIGATIONS---360,000---TOTALREVENUES:3,736,7813,275,4233,301,6553,690,2153,359,3463,389,0603,419,368APPROPRIATEDFUNDBALANCE(468,033)360,088(194,349)(125,919)(81,155)294,725248,702REVENUE&OTHERSOURCES:3,268,7483,635,5113,107,3063,564,2963,278,1913,683,7653,668,070FUNDBALANCE:BEGINNINGFUNDBALANCE1,827,3272,295,3601,935,2722,129,6222,255,5402,336,6952,041,970ADD-REVENUES3,736,7813,275,4233,301,6553,690,2153,359,3463,369,0603,419,368DEDUCT-EXPENDITURES3,268,7483,635,5113,107,3063,564,2963,278,1913,683,7853,668,070(INCREASE)DECREASEINFUNDBALANCE(468,033)360,088(194,349)(125,919)(81,155)294,725248,702ENDINGFUNDBAL,ANCE2,295,3601,935,2722,129,6222,255,5402,336,6952,041,9701,793.268-RESERVEDFUNDBALANCE329,321330,000330,000330,000330,000330,000330,000-UNRESERVEDFUNDBALANCE1,966,0391,605,2721,799,6221,925,5402,006,6951,711,9701,463,268-FUNDBALANCE%ATYEAREND54.1%51.7%50.5%58.7%54.5%45.7%39.9%DB-1 WATERFUNDTOWNOFITHACASUMMARYOFREVENUESANDEXPENDITURESFIVE-YEARBUDGETPROJECTIONFISCALYEARS2019-2023WACTUALESTIMATEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDATERFUND2017201820192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT66,85278,14681,84283,57385,34087,14488,984PUBLICSAFETY-------TRANSPORTATION-------CULTURE&RECREATION-------HOME&COMMUNITYSERVICE2,655,9672,975,9305,021,7955,419,7714,542,2304710,9973,885,767EMPLOYEEBENEFITS98,858148,000154,355162,923172,111183,031194,862INTERFUNOTRANSFERS986,7231,019,4311,455,6321,576,2741,824,5441,959,4771,954,416TOTAL-EXPENDITURESBYFUNCTION:3,810,2014,221,5076,713,6237,242,5416,624,2265,940,6486,124,029EXPENDITURESBYCLASS:PERSONALSERVICES225,026237,300242,783248,402254,738261840269,155EQUIPMENT/CAPITALOUTLAY100,383108,3D0157,47547,450110,07567,100128,750CONTRACTUALSERVICES2,399,2102,553,4762,603,3792,657,4922,712,7572,769,2002,826,846CAPITALPROJECTS-155,0002,100,0002,550,0001,550,0001,700,000750,000EMPLOYEEBENEFITS98,858148,000154,355162,923172,111183,031194,862INTERFUNDTRANSFERS986,7231,019,4311,455,6321,576,2741,824,5441,959,4771,954,416TOTAL-EXPENDITURESBYCLASS:3,810,2014,221,5076.713,6237,242,5416,624,2266,940,6486,124,029REVENUES:REALPROPERTYTAXES8,6008,6568,8008,9769,1569,3399,525WATER/SEWERBENEFITUNITS883,736983,2081,249,2771,420,0971,591,9171,764,7371,854,272REALPROPERTYTAXITEMS-------DEPARTMENTALINCOME3,076,5463,368,3103,451,0423,535,8433,622,7643,711,8583,803,180INTERGOVERNMENTALCHRGS405761-----USEOFMONEY&PROPERTY1,2551,6003,0003,0003,0003,0003,000LICENSESANDPERMITS------SALEOFPROPERTY11,832------MISC.LOCALSOURCES405--900,000---STATE&FEDERALAID-------INTERFUNDTRANSFERS-------PROCEEDSOFOBLIGATIONS--2,100,0001,650,0001,350,000-750,000TOTALREVENUES:3,982,7794,362,5356,812,1197,517,9166,576,8375,488,9346,419,977APPROPRIATEDFUNDBALANCE(172,578)(141,027)(98,496)(275,375)47,3891,451,714(295,949)REVENUE&OTHERSOURCES:3.810,2014,221,50?6,713,6237.242,5416,624,2266,940,6486,124,029FUNDBALANCE.BEGINNINGFUNDBALANCE2,647,8372,820,4152,961,4423,059,9383,335,3133,287,9241,836,210ADD-REVENUES&OTHERSOURCES3,982,7794,362,5356,812,1197,517,9166,576,8375,488,9346,419,977DEDUCT-EXPENDITURES3,810,2014,221,5076,713,6237,242,5416,624,2266,940,6486,124,029(INCREASE)DECREASEINFUNDBALANCE(172,578)(141,027)(98,496)(275,375)47,3891,451,714(295,949)ENDINGFUNDBALANCE2.320,4152,961.4423,059,9383,335,3133,287,9241,836.2102,132,158-RESERVEDFUNDBALANCE23,81223,81223,81223,81223,81223,81223,812-UNRESERVEDFUNDBALANCE2,796,6032,937,6303,036,1263,311,5013,264,1121,812,3982,108,346-FUNDBALANCE%ATYEAREND662%43.8%41S%50.0%47.0%29.6%34.4%F-i SEWERFUNDTOWNOFITHACAFIVE-YEARBUDGETPROJECTIONSUMMARYOFREVENUESANDEXPENDITURESFISCALYEARS2019-2023AcTuALESTIMATEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDPPOJECTEDEWERFUND2017201820192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT45,4445589859,09660,31861,56362,83364,128PUBLICSAFETY-------TRANSPORTATION-------CULTURE&RECREATION-------HOME&COMMUNITYSERVICE2,258,0622,905,2092,523,4012,489,3312,571,6522,584,9152,668,922EMPLOYEEBENEFITS5248073,62076,83281,10085,67791,08396,951INTERFUNDTRANSFERS175,500181,300184,975189,375192,675196,075200,475TOTAL-EXPENDITURESBYFUNCTION:2,531,4863,216,0272,844,3042,820,1242,911,5672,934,9063,030,477EXPENDITURESBYCLASS:PERSONALSERVICES148,976149,200152,855156,601160,825165,560170437EQUIPMENT/CAPITALOUTLAY66,92272,200105,65032,3007405045,40086500CONTRACTUALSERVICES1,862,39719897072,023,9922,060,7482,098,3392,136,7882,176113CAPITALPROJECTS225,211750,000300,000300,000300,000300,000300,000EMPLOYEEBENEFITS52,48073,62076,83281,10085,6779108396,951INTERFUNDTRANSFERS175,500181,300184,975189,375192,675196,075200,475TOTAL-EXPENDITURESBYCLASS:2,531,4863,216,0272,844,3042,820,1242,911,5672,934,9063,030,477REVENUES:REALPROPERTYTAXES9,6009,81010,00010,00010,00010,00010,000WATER/SEWERBENEFITUNITS192,230188,084359,379360,504361629362,754363879REALPROPERTYTAXITEMS-------DEPARTMENTALINCOME2,265,99424892592,510,6842,535,6562,573,4882,611,8882,663,855INTERGOVERNMENTALCHRGS-------USEOFMONEY&PROPERTY3,4031,9501,5001,5001,5001,5001500LICENSESANDPERMITS-------SALEOFPROPERTY-------MISC.LOCALSOURCES8,0008,0008,0008,000---STATE&FEDERALAID-------INTERFUNDTRANSFERS-------PROCEEDSOFOBLIGATIONS-------TOTALREVENUES:2,479,2282,697,1032,889,5632,915,6602,946,6172,986,1423,039,235APPROPRIATEDFUNDBALANCE52,259518,924(45,259)(95,536)(35,050)(51,236)(8,758)REVENUE&OTHERSOURCES:2,531,4863,216,0272,844,3042,820,1242,911,5672,934,9063,030,477FUNDBALANCE:BEGINNINGFUNDBALANCE2,815,2752,763,0162,244,0922,289.3512,384,8872,419,9372,471,173ADD-REVENUES&OTHERSOURCES2,479,2282,697,1032,889,5632,915,6602,946,6172,986,1423,039,235DEDUCT-EXPENDITURES2,531,4863,216,0272,844,3042,820,1242,911,5672,934,9063,030,477(INCREASE)DECREASEINFUNDBALANCE52,259518,924(45,259)(95536)(35,050)(51,236)(8,758)ENDINGFUNDBALANCE2,763,0162,244,0922.289.3512,384,8872,419,9372,471,1732,479,931-RESERVEDFUNDBALANCE12,03412,03412,03412,03412,03412,03412,034-RESERVEDFORSJCPROJECTS1,509,74610615461,162,8461,264,2461365,7961,467,4461,500,000-UNRESERVEDFUNDBALANCE1,241,2361,170,5121,114,4711,108,6071,042,107991,693967,897-FUNDBALANCE%ATYEAREND38.6%41.2%39.5%38.1%35.5%32.7%31.9%G-1 FIREPROTECTIONDISTRICTFUNDTOWNOFITHACAFIVE-YEARBUDGETPROJECTIONSUMMARYOFREVENUESANDEXPENDITURESFISCALYEARS2019-2023ACTUAl.ESTIMATEDPROJECThDPROJECTEDPROJECTEDPROJECTEDPROJECTEDFIREROTECTIONDISTRICTUND2017201820192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT2,2682,7242,8052,8892,9763,0653,157PUBLICSAFETY3,108,4063,207,5003,335,0003,630,6503,581,0763,739,9493,925,697INTERFUNDTRANSFERS-------TOTAL-EXPENDITURESBYFUNCTION:3,110,6743,210,2243,337,5053,633,5393,584,0523,743,0153,928,854EXPENDITURESBYCLASS:EQUIPMENT/CAPITALOUTLAY-------CONTRACTUALSERVICES3,110,6743210,2243,337,8053,633,5393,584,0523,743,0153,928,854CAPITALPROJECTS-------INTERFUNDTRANSFERS-------TOTAL-EXPENDITURESBYCLASS:3,110.6743,2102243,337,8053,633,5393,584,0523,743,0153,926,554REVENUES:REALPROPERTYTAXES3,500,0003,250,0003,300,0003,400,0003,500,0003,600,0003,700,000REALPROPERTYTAXITEMS------INTERGOVERNMENTALCHRGS-------USEOFMONEY&PROPERTY4,6044,5004,0004,0004,0004,0004,000SALEOFPROPERTY-------MISC.LOCALSOURCES-------STATE&FEDERALAID27,18425,00025,00025,00025,00025,00025,000INTERFUNDTRANSFERS-------TOTALREVENUES:3,5317683,279,5003,329,0003,429,0003,529,0003,629,0003,729,000APPROPRIATEDFUNDBALANCE(421,114)(69,276)6,805204,53955,052114,015199,854REVENUE&OTHERSOURCES:3,110,6743,210,2243,337,8053,633,5393,584,0523,743,0153,928,854FUNDBALANCE:BEGINNINGFUNDBALANCE1,657,7122,078,8272,148,1032,139,2981,934,7581,879,7061,765,691ADD-REVENUES&OTHERSOURCES3,531,7883,279,5003,329,0003,429,0003,529,0003,629,0003,729.000DEDUCT-EXPENDITURES3,110,6743,210,2243,337,8053,633,5393,584,0523,743,0153,928,654(INCREASE)DECREASEINFUNDBALANCE(421,114)(69,276)8,805204,53955,052114,015199,654ENDINGFUNDBALANCE2,078,8272,148,1032,139,2981,934,7581,879,7061,765,6911,565,837-RESERVEDFUNDBALANCE--------UNRESERVEDFUNDBALANCE2,078,8272,148,1032,139,2981,934,7581,679,7061,765,6911,565,837-FUNDBALANCE%ATYEAREND64.6%64.4%58.9%84,0%50.2%44.9%39,9%SF-i TOWNOFIThACAFIVE-YEARBUDGETPROJECTIONPROPERTYTAXLEVYFISCALYEARS2019-2023BUDGETPROJECTION-2019-2023-VERSION2ONACTUALACTUALBUDGETPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDDESCRIPTI20162017201820192020202120222023PROPERTYTAXLEVY:GENERALTOWNWIOEFUND$2,600,000$3,052,000$2,750,000$2,605,193$2,861,297S2,918,523$2,976,89353,036,431HIGHWAYTOWNWIDEFUND--800,000816000832,320848,966665,946883,265HIGHWAYPART-TOWNFUND1,500,0001,250,0001400,0001,428,0001,456,5601,485,6911,515,4051,545713WATERFUND8,5008,60090008,8008,9769,15693399,525SEWERFUND9,7009,6001000010,00010,00010,00010,00010,000FIREPROTECTIONFUND3,550,0003,500,0003,250,0003,300,0003,400,000,3,500,0003,600,0003,700,000LIGHTDISTRICTSFUND17,00019,00019,00019,00019,000j19,00019,00019,000TOTALPROPERTYTAXLEVYIs7,685,200$7,839,200•S6,238,000$8,386,993$8,588,153Is8,791,336S8,996,582$9,203,934INCREASEFROMPRIORYEAR5475,000$154,000S398800$148.993$201,1605203,183$205,247S207,352%INCREASEFROMPRIORYEAR6.59%2.00%5.09%1.81°/2.40%2.37%2.33%2.30%ASSESSEDVALUATIONS:GENERALTOWNWIDEFUND1,366,001,6771,409,739,3221,470,783,8201,529,615,1731,590,799,7801,630,569,7741,675,410,4431,725,672,756HIGHWAYTOWNWIDEFUND.-1,470,783,8201,529,615,1731,590,799,7801,630,569,7741,675.410,4431,725,672,756HIGHWAYPART-TOWNFUND974,757,3471,003,883,5811,061,231,644l,l03,680,9101,147,828,1451,176,523,8501,206,878,2561,245,144,603FIREPROTECTIONFUND1,044,988,8221,077,313,7061,135,473,4891,180,892,4291,228,128,1261,258,831,3291.293.449,1901,332,252.565PROPERTYTAXRATES:GENERALTOWNWIDEFUND$1.9034$2.1649$1.8698S1.8339$1.7987$1.7899$1.7768$1.7596HIGHWAYTOWNWIDEFUND--0.54390.53350.5232I0.52070.5169I0.5118HIGHWAYPART-TOWNFUND1.5388.1.24521.3192,1.29391.26901.26281.25361.2414FIREPROTECTIONFUND3.39723.24882,86222.79452.76842.76042.78332.7773TOTALPROPERTYTAXRATE$6.8394$6.6589IS6.5951$6.4557$6.3593IS6.3537$6.3305$6.2900PROPERTYTAXBILLFORATYPICALPROPERTYINTHETOWNOFITHACADESCRIPTION2016201720182019I2020202120222023GENERALTOWNWIDEFUND$361.64$411.34$355.25$348.44$341.74$340.08$337.59$334.32HIGHWAYTOWNWIDEFUND--103.35101.3699.4198.9298.2097.25HIGHWAYPART-TOWNFUND292.38236.58250.65245.83241.10239.93I238.18235.86FIREPROTECTIONFUND645.46617.28543.83530.95526.00528.27528.82527.68WATERBENEFITASSESSMENT100.00110.00125.00150.00170.00190.00210.00220.00SEWERBENEFITASSESSMENT.25.0025.0025.00i45,0045.0045.00I45.0045.00TAXONTYPICALPROPERTY$1,424.48,S1,4D0.20$1,403.08‘$1,421.59S1,423.26$1,442.20$1,457.79$1460.11CHANGEFROMPRIORYEAR$59.22$(24.28)$2.88$18.51S1.67$18.94$15.60‘$2.32%CHANGEFROMPRIORYEAR4.34%-1.70%0.21%1.32%0.12%1.33%1.08%0.16%ATypicalPropertyintheTownofllhacaisaSingleFamilyResidencewithanAssessedValueof$190,000.SALESTAXCO’LECTIONSACTUALACTUALESTIMATEDPROJECTEDPROJECTEOPROJECTEDPROJECTEDPROJECTED•,20162017201820192020I2021.20222023GENERALTOWNWI0EFUNDI400,754I$100,000S413,1005363,100,S313,100$313,100$313,100‘$313,100GENERALPART-TOWNFUNDI950,000I1,000,0001,032,800I1,182,8001,332,8001332,8001,332,8001,332,800HIGHWAYPART-TOWNFUND1,653,1892,084,9691,704,1001,604,1001.504,1001,504,1001,504,1001,504,100TOTALSALESTAXCOLLECTEDI$3,003,943I$3,184,96953,150,000[s3,150,00053,150,000S3,150,000$3,150,000I$3,150,000BUDGETPROJECTION-2019-2023-VERSION2 GENERALTOWNWIDEFUNDTOWNOFITHACASUMMARYOFREVENUESANDEXPENDITURES-RESERVEDFUNDBALANCE-UNRESERVEDFUNDBALANCE-FUNDBALANCE%ATYEAREND1041,5591046,09411468641,247,7342,942,0942,5667672,080,2811,756,148FIVE-YEARBUDGETPROJECTIONFISCALYEARS2019-2023GTFACmALEsnMATWPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDENERALOWNWIDEUND2017201820192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT1,456,4441,641,2151,655,9481,686,6911,728,9691,770,1041,817,414PUBLICSAFETY75,22576,62785,36386,61590,11191,52292,958TRANSPORTATION369715560,6561,989,881429,956440,542452,186464,158CULTURE&RECREATION951,1011,227,8551,197,9301,023,3581,085,221947,5951,050,002HOME&COMMUNITYSERVICE255,243249,536273,378241,298267,186258,319284,480EMPLOYEEBENEFITS944,754948,284999,1001039,8801,069,8651,127,4721,195,007INTERFUNDTRANSFERS258,295229,954265,389317,180318,053310,745318,438TOTAL-EXPENDITURESBYFUNCTION:4,310,7774,934,1286,466,9894,824,9784,999,9464,957,9485,222,456EXPENDITURESBYCLASS:PERSONALSERVICES1,650,0201,850,6591,842,4761,889,2191,941,0851,999,2222,059,102EOUIPMENT/CAPITALOUTLAY176,130337,000271,12587,750192,125120,500223,250CONTRACTUALSERVICES1,192,2981468,2311,403,8991,3509481,378,8181,400,0041,426,659CAPITALPROJECTS89,2801000001,685,000140,000100,000--EMPLOYEEBENEFITS944,754948,284999,1001039,8801,069,6651,127,4721,195,007INTERFUNDTRANSFERS258,295229,954265,389317,180318,053310,745318,438TOTAL-EXPENDITURESBYCLASS:4,310,7774,934,1286,466,9894,824,9784,999,9464,957,9435,222,456REVENUES:REALPROPERTYTAXES3,052,0002,750,1892,805,1932,861,2972,918,5232,976,8933,036,431REALPROPERTYTAXITEMS60,96662,37562,3756237562,37562,37562,375SALESTAX100,000413,100363,100313,100313,100313,100313,100FRANCHISETAX-------DEPARTMENTALINCOME16,74714,65014,65014,65014,65014,65014,650INTERGOVERNMENTALCHRGS101,496101,000101,000101,000101,000101,000101,000USEOFMONEY&PROPERTY37,27236,52337,39938,30039,22940,18641,171LICENSESANDPERMITS11,16511,57311,57311,57311,57311,57311,573FINESANDFORFEITURES224,402261,625261,625261,625261,625261,625261,625SALEOFPROPERTY5,907------MISC.LOCALSOURCES65,2194390044,77845,67446,5874751948,469STATE&FEDERALAID339,612275,000275,000275,000275,000275,000275,000INTERFUNDTRANSFERS655,665593,100604,600617,100629,400641,500655,000PROCEEDSOFOBLIGATIONS--1,500,000----TOTALREVENUES:4,670,4504,563,0356,081,2934,601,6944,673,0624,745,4214,820,394APPROPRIATEDFUNDBALANCE(359,673)371,092385,696223,284326,884212,522402,062REVENUE&OTHERSOURCES:4,310,7774,934,1286,466,9894,824,9784,999,9464,957,9435,222,456FUNDBALANCE:BEGINNINGFUNDBALANCE3,624,2613,983,9533,612,8613,227,1653,003,8822,676,9972,464,475ADD-REVENUES&OTHERSOURCES4,670,4504563,0356,081,2934,601,6944,673,0624745,4214,820,394DEDUCT-EXPENDITURES4,310,7774,934,1286,466,9894,824,9784,999,9464,957,9435,222,456(INCREASE)DECREASEINFUNDBALANCE(359,673)371,092385,696223,284326,884212,522402,062ENDINGFUNDBALANCE3,983,9533,612,8613,227,1653,003,8822,676,9972,464,4752,062,4141,348,6441,449,64459.6%39.7%43.1%35.1%26.6%19.4%1,328,3531,0148311,550,644511,7709.8%A-i GENERALPART-TOWNFUNDTOWNOFITHACAFIVE-YEARBUDGETPROJECTIONSUMMARYOFREVENUESANDEXPENDITURESFISCALYEARS2019-2023GPTNFUNACTUALEsTIMATEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDENERALART-OW02017201820192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT138,328161,836167836171,941176,152180,472184,856PUBLICSAFETY-------TRANSPORTATION-------CULTURE&RECREATION-------HOME&COMMUNITYSERVICE907,8851,145,8111,065,175988,357982,4261,046,5811,041,607EMPLOYEEBENEFITS345,655447,325464,1624B6,476510,344538,495569,064INTERFUNDTRANSFERS81,10086,30087,77589,37591,17592,77594,675TOTAL-EXPENDITURESBYFUNCTION:1,472,9691,841,2721,784,9481,736,1491,760,0961,858,3241,890,201EXPENDITURESBYCLASS:PERSONALSERVICES807,099879,066901,043923,557948,941977,3941,006,701EQUIPMENT/CAPITALOUTLAY-32,00034,00034,0002,00037,0002,000CONTRACTUALSERVICES239,115396,581297,968202,741207,637212,659217,761CAPITALPROJECTS-------EMPLOYEEBENEFITS345,655447,325464,162486,476510,344538,495569,064INTERFUNDTRANSFERS81,10086,30087,77589,37591,17592,77594,675TOTAL-EXPENDITURESBYCLASS:1472,9691,841,2721,784,9481,736,1491,760,0961,858,3241.890,201REVENUES:REALPROPERTYTAXES--‘---REALPROPERTYTAXITEMS-------SALESTAX1,000,0001,032,8001,182,8001,332,8001,332,8001,332,6001,332,800FRANCHISETAX81,16854,50067,00066,50066,00065,50065,000DEPARTMENTALINCOME380,166200,125204,127208,210212,374216,621220,954INTERGOVERNMENTALCHROS-------USEOFMONEY&PROPERTY950750750750750750750LICENSESANDPERMITS------SALEOFPROPERTY-------MISC.LOCALSOURCES100,000100,000----STATE&FEDERALAID118,756171,654137,65087,65087,65087,65087,650INTERFUNDTRANSFERS181------PROCEEDSOFOBLIGATIONS-------TOTALREVENUES:1,681,2211,559,8291,592,3271,695,9101,699,5741,703,3211,707,154APPROPRIATEDFUNDBALANCE(208,253)281,444192,62140,23960,523155,002183,048REVENUE&OTHERSOURCES:1,472,9691,841,2721,784,9481,736,1491,760,0961,858,3241,890,201FUNDBALANCE:BEGINNINGFUNDBALANCE916,5031,124,756843,312650,691610,451549,929394,926ADD-REVENUES1,681,2211,559,8291,592,3271,695,9101,699,5741,703,3211,707,154DEDUCT-EXPENDITURES1,472,9691,841,2721,784,9481,736,1491,760,0961,858,3241,890,201(INCREASE)DECREASEINFUNDBALANCE(208,253)281,444192,62140,23960,523155,002183,048ENDINGFUNDBALANCE1.124.756843,312650.691610,451549,929394.926211,879-RESERVEDFUNDBALANCE63,59563,64563,64563,69563,69563,74563,745-UNRESERVEDFUNDBALANCE1,061,161779,667587,046546,756486,234331,181148,134-FUNDBALANCE%ATYEAREND57.6%43.7%33.8%31.1%26.2%17.5%TS%B-i HIGHWAYPART-TOWNFUNDTOWNOFITHACAFIVE-YEARBUDGETPROJECTIONSUMMARYOFREVENUESANDEXPENDITURESFISCALYEARS2019-2023HPARTTOWNFUNACTUALESTIMATEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDPROJECTEDIGHWAY-2017201620192020202120222023EXPENDITURESBYFUNCTION:GENERALGOVERNMENT72,01677,79981,44083,06384,71886,40688,128PUBLICSAFETY-------TRANSPORTATION2,403,9782,576,3992,206,4592,563,2512,269,0762,626,6552,579,970CULTURE&RECREATION-------HOME&COMMUNITYSERVICE-------EMPLOYEEBENEFITS414,529443,980469,567496,950526,412561,069598,675INTERFUNDTRANSFERS378,225537,333349,840421033397,985409,655401,298TOTAL-EXPENOITURESBYFUNCTION:3,266,7483,635,5113,107,3063,564,2963,278,1913,683,7853,668,070EXPENDITURESBYCLASS:PERSONALSERVICES795,124745,972742,330760,889781,813805,268829,426EQUIPMENT/CAPITALOUTLAY334,610236,000390,250153,500362,250219,000269,500CONTRACTUALSERVICES782,341622,226655,319681,925709,731738,793769,172CAPITALPROJECTS563,9191,050,000500,0001,050,000500,000950,000800,000EMPLOYEEBENEFITS414,529443,990469,567496,950526,412561,069598,675INTERFUNDTRANSFERS378,225537,333349,840421,033397,985409,655401,298TOTAL-EXPENDITURESBYCLASS:3,268,7483,635,5113,107,3063,564,2963,278,1913,683,7853,668,070REVENUES:REALPROPERTYTAXES1,250,0001,400,0001,428,0001,456,5601,485,6911,515,4051,545,713REALPROPERTYTAXITEMS-7,55575557,55575557,5557,555SALESTAX2,084,9691,704,1001,604,1001,504,1001,504,1001,504,1001,504,100DEPARTMENTALINCOME-------INTERGOVERNMENTALCHRGS15,2141,768-----USEOFMONEY&PROPERTY2,6612,0002,0002,0002,0002,0002,000LICENSESANDPERMITS-------SALEOFPROPERTY240,20745,00045,00045,00045,00045,00045,000MISC.LOCALSQURCES11,149------STATE&FEDERALAID132,581115,000115,000115,000115,000115,000115,000INTERFUNDTRANSFERS-------PROCEEDSOFOBLIGATIONS---360,000---TOTALREVENUES:3,736,7813,275,4233,201,6553,490,2153,159,3463,189,0603,219,368APPROPRIATEDFUNDBALANCE(468,033)360,088(94,349)74,081118,845494,725448,702REVENUE&OTHERSOURCES:3,268,7483,635,5113,107,3063,564,2963,278,1913,683,7853,668,070FUNDBALANCE:BEGINNINGFUNDBALANCE1,827,3272,295,3601,935,2722,029,6221,955,5401,836,6951,341,970ADD-REVENUES3,736,7813,275,4233,201,6553,490,2153,159,3463,189.0603,219,368DEDUCT-EXPENDITURES3,268,7483,635,5113,107,3063,564,2963,278,1913,883,7853,666,070(INCREASE)DECREASEINFUNDBALANCE(468,033)360,088(94,349)74,081118,845494,725448,702ENDINGFUNDBALANCE2,295,3601,935,2722,029,6221,955,5401,835,6951,341,970893,268-RESERVEDFUNDBALANCE329,321330,000330,000330,000330,000330,000330,000-UNRESERVEDFUNDBALANCE1,966,0391,605,2721,699,6221,625,5401,506,6951,011,970563,268-FUNDBALANCE%ATYEAREND54.1%51.7%47.7%49.6%40.9%27.6%15.4%DB-1 Sedgwick Business Interiors, LLC-Syr 100 W. Court St Syracuse, NY 13204 Phone: 315-424-1500 Fax: 315-474-4611 Email/Web: customerservice@sedgwickbusiness.com/ sedgwickbusiness.com Quotation Page: 1 of Date Due: Project: 473 473.009 Status: New Sold To:2378-00 Ithaca Town Clerk 215 N. Tioga Street Ithaca, NY 14850 Attention: Shannon Sanzi 1147-00 Herman Miller Attn: Ord Ent-fx#616 654-5385 855 East Main St Zeeland, MI 49464 Attention: Dennis Vallerie 2378-00 Ithaca Town Clerk 215 N. Tioga Street Ithaca, NY 14850 Attention: Shannon Sanzi Bill To: Date Entered Salesperson FOB Terms 03/23/2018 Claire Sedgwick D Net 30 Days Line Loc Item Number Description Order Qty Unit Price Extended 1 2 3 4 5 6 7 00 00 00 00 00 00 1B2JK7- 1B2JK7- AER1C23DW DU6ECS.307242LE DU7F.E30C E1425.1648 Make po out to Herman Miller c/o Sedgwick Business Int. 855 East Main Ave, Zeeland MI 49464/PC66271 LOCK PLUG AND KEY,CHROME UM SERIES LOCK PLUG AND KEY,CHROME UM SERIES WORK CHAIR,NEW AERON,C SIZE,STD-HGT RANGE ADJ,TLT LIM A ND SEAT ANGLE,FULLY ADJ ARMS,NON-UPHST ARMPADS RENEW 90 DEG EXT CNR TBL, C-FOOT,SQ- EDGE,LAM TOP/THERMO EDGE,ELEC STD RANGE, 30D 72W L 42W R TABLE BASE KIT - 3 LEGS, ELEC STD RANGE, 30D, C FOOT TY PE TILE,RAIL 16H 48W 2 2 2 1 1 1 0.00 0.00 657.64 1,536.67 1,302.00 76.16 0.00 0.00 1,315.28 1,536.67 1,302.00 76.16 Options: Options: Options: Options: Options: Options: 300-KEY NUMBER 300 301-KEY NUMBER 301 ALP-ADJUSTABLE POSTUREFIT SL G1-GRAPHITE G1-GRAPHITE G1-GRAPHITE C7-2 1/2" CASTER, BLACK YOKE, HARD FLOORS OR CARPET BK-BLACK 23103-8Z PELLICLE GRAPHITE NNP-NO POWER ACCESS SUD-SIMPLE UP DOWN LBQ-WHITE TWILL LBQ-WHITE TWILL MS-METALLIC SILVER LEG WITH METALLIC SILVER FOOT PSC-SIMPLE CABLE NNN-NO CUTOUT 57-GLIDES NNP-NO POWER ACCESS SUD-SIMPLE UP DOWN MS-METALLIC SILVER LEG WITH METALLIC SILVER FOOT 57-GLIDES MS-METALLIC SILVER Quote: Print Date:03/26/18 ALL OTHER SSanzi@town.ithaca.ny.usEmail: (607)273-0493Phone: 30/72/42 R16 R R EC IE IE U Install Location: 4 Sedgwick Business Interiors, LLC-Syr 100 W. Court St Syracuse, NY 13204 Phone: 315-424-1500 Fax: 315-474-4611 Email/Web: customerservice@sedgwickbusiness.com/ sedgwickbusiness.com Quotation Page: 2 of Date Due: Project: 473 473.009 Status: New Sold To:2378-00 Ithaca Town Clerk 215 N. Tioga Street Ithaca, NY 14850 Attention: Shannon Sanzi 1147-00 Herman Miller Attn: Ord Ent-fx#616 654-5385 855 East Main St Zeeland, MI 49464 Attention: Dennis Vallerie 2378-00 Ithaca Town Clerk 215 N. Tioga Street Ithaca, NY 14850 Attention: Shannon Sanzi Bill To: Date Entered Salesperson FOB Terms 03/23/2018 Claire Sedgwick D Net 30 Days Line Loc Item Number Description Order Qty Unit Price Extended 8 9 10 11 12 13 14 15 16 00 00 00 00 00 00 00 00 00 FT29B.2 FT351.C4660R FTS10.3060LS FTS10.3066LS FTS10.3096LS FTS23.4872LS FV2D2.S2AFS FV2D2.S30FL FV2D2.S30FR SURFACE GANGING BRACKET,PAIR PARI SCREEN, SURFACE ATTACHED, CANVAS SURF ATT, TACK FA BRIC HORZ 46H 60W RECTANGULAR SURFACE,SQ-EDGE, LAM TOP/THERMO EDGE, 30D 6 0W, NO BRKTS RECTANGULAR SURFACE,SQ-EDGE, LAM TOP/THERMO EDGE, 30D 6 6W, NO BRKTS RECTANGULAR SURFACE,SQ-EDGE, LAM TOP/THERMO EDGE, 30D 9 6W, NO BRKTS EXT CORNER SURFACE,RECT END,SQ-EDGE, LAM TOP/THERMO EDG E, 30D 48W L,72W R, NO BRKTS SQUARE OPEN SUPPORT LEG,FOR SQ-EDGE SURFACE, 12"D SHARE D,FXD HGHT,SHARED SQUARE OPEN SUPPORT LEG,FOR SQ-EDGE SURFACE, 30"D,FXD H GHT,LFT SQUARE OPEN SUPPORT LEG,FOR SQ-EDGE SURFACE, 30"D,FXD H GHT,RT 1 2 1 1 1 1 3 2 1 11.48 310.80 114.52 131.32 185.92 256.20 61.04 96.88 96.88 11.48 621.60 114.52 131.32 185.92 256.20 183.12 193.76 96.88 Options: Options: Options: Options: Options: Options: Options: Options: G2-GRAPHITE SATIN 8T11-CROSSING MULBERRY LBQ-WHITE TWILL LBQ-WHITE TWILL LBQ-WHITE TWILL LBQ-WHITE TWILL LBQ-WHITE TWILL LBQ-WHITE TWILL LBQ-WHITE TWILL LBQ-WHITE TWILL MS-METALLIC SILVER MS-METALLIC SILVER MS-METALLIC SILVER Quote: Print Date:03/26/18 SSanzi@town.ithaca.ny.usEmail: (607)273-0493Phone: 46/60R 30/60 30/66 30/96 48/72 FT FT FT FT FT FT FV FV FV Install Location: 4 Sedgwick Business Interiors, LLC-Syr 100 W. Court St Syracuse, NY 13204 Phone: 315-424-1500 Fax: 315-474-4611 Email/Web: customerservice@sedgwickbusiness.com/ sedgwickbusiness.com Quotation Page: 3 of Date Due: Project: 473 473.009 Status: New Sold To:2378-00 Ithaca Town Clerk 215 N. Tioga Street Ithaca, NY 14850 Attention: Shannon Sanzi 1147-00 Herman Miller Attn: Ord Ent-fx#616 654-5385 855 East Main St Zeeland, MI 49464 Attention: Dennis Vallerie 2378-00 Ithaca Town Clerk 215 N. Tioga Street Ithaca, NY 14850 Attention: Shannon Sanzi Bill To: Date Entered Salesperson FOB Terms 03/23/2018 Claire Sedgwick D Net 30 Days Line Loc Item Number Description Order Qty Unit Price Extended 17 18 19 20 21 22 23 24 25 26 00 00 00 00 00 00 00 00 00 00 FV2E2.S30FL FV440.WM1524L FV442.WM1548LPN FV689.P FV696.39 G6160.AB G6160.BB G6160.CB LW100.24BBF LW200.302 CLOSED SUPPORT LEG,FOR SQ-EDGE SURFACE, 30"D,FXD HGHT, LAM CABINET,OVERHEAD STORAGE,OPEN,WALL MNTD, LAM, 15H 24W CABINET,OVERHEAD STORAGE,FULL ENCLSR,WALL MNTD,CASE/PRI M DOOR LAM,SECNDRY DOOR PTD,NO LOCK 15H 48W SUPPORT LEG,POST STIFFENER, 38 5/8W TWIST LED TASK LIGHT,SINGLE UNIT,BRKT ATT TWIST LED TASK LIGHT,STARTER UNIT,BRKT ATT TWIST LED TASK LIGHT,ADD-ON UNIT,BRKT ATT PED W-PULL,FREESTD 24D B/B/F LAT FILE,W-PULL FREESTD 2 DWR 30W 1 1 1 1 1 1 1 1 2 2 81.20 238.56 381.92 44.24 19.88 114.24 137.76 99.12 188.80 306.88 81.20 238.56 381.92 44.24 19.88 114.24 137.76 99.12 377.60 613.76 Options: Options: Options: Options: Options: Options: LBQ-WHITE TWILL LBQ-WHITE TWILL LBQ-WHITE TWILL LBQ-WHITE TWILL MS-METALLIC SILVER MS-METALLIC SILVER SR-3/4-EXTENSION ROLLER SLIDES ON BOX DRAWER, FULL-EXTENSION BALL BEARING ON FILE DRAWER SS-SMOOTH PAINT ON SMOOTH STEEL MS-METALLIC SILVER KA-KEYED ALIKE 1F-STANDARD HEIGHT 3M-DRAWER DIVIDER IN ONE BOX DRAWER, PENCIL TRAY IN ONE BOX DRAWER, 2 FILE CONVERTERS IN FILE DRAWER SS-SMOOTH PAINT ON SMOOTH STEEL MS-METALLIC SILVER KA-KEYED ALIKE CB-COUNTERWEIGHT (RECOMMENDED) 1R-FRONT-TO-BACK FILING RAIL Quote: Print Date:03/26/18 SSanzi@town.ithaca.ny.usEmail: (607)273-0493Phone: FV FV FV FV FV A A A UP UL Install Location: 4 Sedgwick Business Interiors, LLC-Syr 100 W. Court St Syracuse, NY 13204 Phone: 315-424-1500 Fax: 315-474-4611 Email/Web: customerservice@sedgwickbusiness.com/ sedgwickbusiness.com Quotation Page: 4 of 4 Date Due: Project: 473 473.009 Status: New Sold To:2378-00 Ithaca Town Clerk 215 N. Tioga Street Ithaca, NY 14850 Attention: Shannon Sanzi 1147-00 Herman Miller Attn: Ord Ent-fx#616 654-5385 855 East Main St Zeeland, MI 49464 Attention: Dennis Vallerie 2378-00 Ithaca Town Clerk 215 N. Tioga Street Ithaca, NY 14850 Attention: Shannon Sanzi Bill To: Date Entered Salesperson FOB Terms 03/23/2018 Claire Sedgwick D Net 30 Days Line Loc Item Number Description Order Qty Unit Price Extended 27 28 29 30 31 32 33 34 00 00 00 00 00 00 00 Y7100.3608 Y7216.10 Y7218. PW LABOR SB177 DESIGN SURFACE-ATTACHED TOOL RAIL 8H 36W PAPER TRAY 10W DIAGONAL TRAY PREVAILING WAGE NEW PRODUCT DELIVERY AND INSTALLATION NY STATE CONTRACT CUSTOM CUT DESIGN Estimated Lead Time is Approximately 6-8 Weeks From Date Of Manufacturer acknowledgement Of Order Receipt 1 1 1 1 1 1 1 153.09 13.37 21.87 75.00 1,700.00 0.00 0.00 153.09 13.37 21.87 75.00 1,700.00 0.00 0.00 Options: Options: Options: MS-METALLIC SILVER 91-WHITE 91-WHITE Subtotal 10,096.52 0.00 TOTAL AMOUNT - USD $10,096.52 This Quote Expires On 04/25/2018 Quote: Print Date:03/26/18 Approved By Date Total Tax SSanzi@town.ithaca.ny.usEmail: (607)273-0493Phone: ZZ ZZ ZZ Install Location: