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Set Public Hearing for Resolution Establishing Maximum Property Tax Dollars for Fiscal Year 2022_Initiate Copyrig hted February 15, 2021 City of Dubuque Action Items # 1. City Council Meeting ITEM TITLE: Set Public Hearing for Resolution Establishing Maximum Property Tax Dollars for Fiscal Year 2022 SUM MARY: City Manager recommending the Fiscal Year 2022 Resolution Establishing Maximum Property Tax Dollars be set for public hearing on March 1, 2021. RESOLUTION Setting a public hearing on the Fiscal Year 2022 maximum property tax dollars for the affected tax levy total SUGGESTED Receive and File; Adopt Resolution(s), Set Public Hearing for March 1, DISPOSITION: 2021Suggested Disposition: ATTACHMENTS: Description Type MVM Memo_UPDATED 2/15/21 City Manager Memo Staff Memo UPDATED 2/15/21 Staff Memo MVM Memo City Manager Memo Staff Memo Staff Memo Resolution Resolutions Notice of Public Hearing Supporting Documentation FY22 Budget and Fiscal Policy Guidelines Supporting Documentation Dubuque THE CITY OF � ui-Aseria cih DuB E , . � . , � II � Maste iece on tj2e Mississi i zoo�•zoiz•zois YP pp zoi�*zoi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Revised Fiscal Year 2021 Revenue Projections and Fiscal Year 2022 Property Tax Rate Recommendation DATE: February 15, 2021 Finance and Budget Director Jennifer Larson is recommending a revised Fiscal Year 2022 property tax rate recommendation to further reduce the impact on the average residential homeowner. Based on the Fiscal Year 2021 updated revenue and expense projections for the General Fund, there is an estimated balance of just over $400,000 in available one-time resources without using any of the general fund reserves. The revised recommendation for Fiscal Year 2022 is to fund the non-recurring improvement packages in the amount of $154,347 from the Fiscal Year 2021 estimated revenue balance of$400,000. This change would result in a property tax rate reduction from $10.0496 per $1,000 of assessed valuation to $9.98607. The revised property tax rate recommendation of $9.98607 would have the following impact on the different classes of property: Table 11: FY22 Revised Property Tax Recommendation Average Property % Property Tax Tax Cost Change Cost Change Pro ert T pe from FY21 from FY21 Residential $7.55 0.98% Commercial $20.02 0.63% Industrial $43.77 0.93% Multi-Residential $127.79 6.74% Current Property Next Year's Tax Rate Property Tax Rate % Change $10.1440 $9.98607 1 .56% I concur with the recommendation and respectfully recommend Mayor and City Council set a public hearing for March 1, 2021 on this lower property tax rate. � Mic ael C. Van Milligen MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jennifer Larson, Budget Director 2 Dubuque THE CITY OF � All•A�eri�a Ciry Du B E ����.,.��a��,.��� � � � ► � � Maste iece on the Mississi i zoo�.zo��•zo�3 � pp 2017*2019 TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Director of Finance and Budget SUBJECT: Revised Fiscal Year 2021 Revenue Projections and Fiscal Year 2022 Property Tax Rate Recommendation DATE: February 15, 2021 Fiscal Year 2021 Revenue The Fiscal Year 2021 General Fund revenue projections have been updated based on information received to-date. The revised revenue losses as compared to September 2, 2020 estimated losses are as follows: Table 1: Fiscal Year 2021 General Fund Revenue Estimates FY21 FY21 2/10/20 Estimated 9/2/20 Estimated Fiscal Year 2021 Revenue Surplus Revenue Surplus General Fund Revenue (Loss) (Loss) State Coronavirus Relief Fund Reimbursement , $1,375,656 $0 Ambulance Ground Emergency Medical Transport $417,408 $0 Property Taxes ($210,433) ($210,433) DRA Rent ($612,199) ($840,523) Gaming Taxes ($44,380) ($44,380) Hotel/Motel Tax ($381,084) ($658,887) Local Option Sales Tax (50% Operating) $952,207 $147,155 Electric Franchise Fees ($112,567) ($125,000) Gas Franchise Fees ($45,347) ($49,518) Investment Earnings ($248,573) ($150,000) lowa District Court Fines ($72,855) ($85,590) Camping/Pavilion Fees $0 ($60,000) Recreation Programs/Golf/Marina $214,167 $214,167 Building Permits ($233,587) ($125,000) Housing Inspections ($74,216) ($100,000) Rental Licenses ($71,524) $0 Zoning Inspections ($6,748) ($15,000) Business Licenses ($121,934) ($25,000) Total General Fund Operating Revenue Surplus (Loss) $723,991 ($2,128,009) State Coronavirus Relief Fund Reimbursement Governor Kim Reynolds allocated $125 million to the Local Government Relief Fund for reimbursements to local governments for direct expenses incurred in response to the COVID-19 emergency. $100 million for reimbursement will be divided between eligible cities and counties by 2019 estimated population. $25 million will be used to cover the local government portion of the FEMA match through the lowa Department of Homeland Security and Emergency Management. The City of Dubuque's allocation of $1,375,656 was received on November 23, 2020 and was used to reimburse 25% of Public Health and Public Safety salaries from the period of March through July 2020. Ambulance Ground Emergency Medical Transport Ground Emergency Medical Transport (GEMT) is a federally funded supplement to state Medicaid payments to EMS providers transporting Medicaid patients which began in FY 2020. The FY 2021 Adopted budget of $216,837 was based on approximately 800 GEMT eligible calls and a Dubuque Fire Department specific rate of $275.95 per call. After the Fiscal Year 2021 budget was adopted, the Fire Department filed cost reports for 2018, 2019, and 2020 for uncompensated costs related to Medicaid calls. An exception to the policy for previously filed cost reports was approved during FY 2021, which increased the reimbursement rate from $275.95 per call to $1,183.97 per call. The revised FY 2021 budget for GEMT revenue is $947,176 based on 800 GEMT eligible calls and the higher reimbursement rate. The City's local match percentage is 38.25% or $362,295 which results in net GEMT revenue of $584,881 for Fiscal Year 2021. The net increase in revenue in Fiscal Year 2021 is $417,408. Dubuque Racing Association Rent Dubuque Racing Association Rent has continued to be strong for the first six months of Fiscal Year 2021. The month of January 2021 saw a decline of 24% from the prior year. A 15% reduction was used for the DRA rent for the remainder of the fiscal year, which results in a projected revenue loss of $612,199. A 24% revenue loss was previously projected. Hotel/Motel Tax Hotel/Motel Tax projected loss has decreased from $658,887 to $381,084 due to the City receiving the second quarterly payment for FY21. Based on Fiscal Year 2019 actual Hotel/Motel revenues for the last two quarters of the fiscal year, it is projected that the City will receive 40% less than FY 2019 Actual receipts. Local Option Sales Tax — 50% Operating The lowa Department of Revenue released the Fiscal Year 2021 Local Option Sales Tax estimated payments on August 18, 2020. In addition, the City received the annual reconciliation payment for Fiscal Year 2020 on November 17, 2020 in the amount of $1,610,103. This is the largest reconciliation payment that the City of Dubuque has ever received. The lowa Department of Revenue has indicated that the reconciliation payment for Dubuque was large because the total LOST receipts for FY20 for Dubuque County exceeded their estimates. This was the case 2 in quite a few lowa counties in FY20. The law change that was effective July 1, 2019 which required remote sellers that exceed a certain sales revenue to charge lowa sales tax, including local option sales tax, the same as retailers with a physical presence in lowa. This law change most likely played a role in the increased LOST receipts in FY20. The reconciliation payment is only evidence of receipts exceeding the lowa Department of Revenue's estimates. The year-to- year increase in total Local Option Sales Tax receipts would be more illustrative of the actual impact of the online sales tax law changes. The lowa Department of Revenue does not have data on actual online sales because those sales are reported by retailers in the same manner as in-person sales. The lowa Department of Revenue has done some work in try to estimate the impact of collections from online sales, and it is apparent their estimates of the impact from Senate File 2417 in 2018 have been surpassed by actual receipts, but they do not have firm data to support that. The LOST estimates from the lowa Department of Revenue and the actual reconciliation payment as compared to the City of Dubuque's FY 2021 budget are as follows: Table 2: FY 2021 Local Option Sales Tax Estimates IDOR Period Estimates City Budget Difference July 2020 $761,097 $761,097 $0 August— October $2,505,791 $2,293,173 +$212,618 2020 Nov 2020- Jan2021 $2,549,809 $2,345,757 +$204,052 February— Apri12021 $2,145,286 $1,982,617 +$162,669 May— June2021 $1,678,204 $1,552,638 +$125,566 FY20 Reconciliation $1,610,103 $410,595 +$1,199,508 Payment Total LOST $9,640,187 $9,345,876 $1,904,413 Investment Earnings Investment earnings revenue loss was increased based on actual receipts in July 2020 through January 2021. It is estimated that the City will receive 37% less in investment earnings the remainder of the fiscal Year. Camping Fees Based on the first four months of camping revenue in Fiscal Year 2021, it is expected that the City will meet the Camping Fees revenue budget. 3 Building Permits Building Permit revenue loss was increased based on the first seven months of actual history. It is projected that building permit revenue will be 12% less than prior year actual receipts for the remainder of the fiscal year. Rental Licenses Rental licenses have been projected to be 44% less than prior year receipts based on the first seven months of receipt history. Business Licenses The first seven months actual history of Business Licenses receipts has been approximately 41% less than the same period in Fiscal Year 2020. It is projected that the remainder of the fiscal year will be 41% less than Fiscal Year 2020 actual based on the average reduction of receipts in the first 7 months. Other Major Funds Revenue The following table shows the Fiscal Year 2021 revised estimated revenue losses as compared to the September 2, 2020 estimated losses for DRA Distribution and Local Options Sales Tax (50% Capital): Table 3: DRA Distribution and Local Option Sales Tax (50% Capital) FY21 FY21 2/10/21 9/2/20 Estimated Estimated Other Major Funds Revenue Revenue Surplus (Loss) Surplus (Loss) DRA Distribution (100% Capital) ($244,777) ($1,599,417) Local Option Sales Tax (50% Capital) $952,207 $147,155 Total DRA Distribution/LOST 50% $707,430 ($1,452,262) The surplus in Local Option Sales Tax (50% Capital) can be used to fund the DRA Distribution capital projects. Table 4: Road Use Tax and Enterprise Funds FY21 FY21 2/10/21 9/2/20 Estimated Estimated Other Major Funds Revenue Revenue Surplus (�oss) Surplus (�oss) Road Use Tax $15,207 ($670,129) Parking' � ($1,326,731) ($1,039,542) WaterZ � ($97,000) ($97,000) Sanitary Sewer2 � ($141,000) ($141,000) Stormwater2 ($13,000) ($13,000) RefuseZ ($29,000) ($29,000) 4 'Analysis has been done by the City's Financial Advisor, Tionna Pooler from Independent Public Advisors, on the capacity of the Greater powntown TIF district to cover the projected Parking Fund deficit. The analysis perFormed indicates that the Greater powntown TIF district does have capacity to cover a deficit up to $1.7 million in the Parking Fund. zRevenue losses in the Water, Sanitary Sewer, Stormwater, and Refuse funds will be covered by expense reductions in those funds. Sales Tax Increment— Flood Mitigation Program The City's sales tax increment revenue related to the Flood Mitigation Program has been reduced since the beginning of the pandemic. While the City is projecting that the sales tax increment revenue will rebound in Fiscal Year 2021, the payments from the State of lowa are received 6 months after the quarter ends and the accuracy of the projections will not be known until early in Fiscal Year 2022. Hopefully, additional State and Federal funding can be obtained to fund any shortfall in the sales tax increment revenue. Dubuque Racing Association Distribution The City received notification of the actual distribution payment that will be received from Dubuque Racing Association in November 2020. The actual distribution payment of$1,992,613 is $244,777 less than Fiscal Year 2021 budget of $2,237,390. Local Option Sales Tax — 50% Capital The lowa Department of Revenue released the Fiscal Year 2021 Local Option Sales Tax estimated payments on August 18, 2020. In addition, the City received the annual reconciliation payment for Fiscal Year 2020 on November 17, 2020 in the amount of $1,610,103. $952,206 of funding above the FY21 budget is available to help fill the funding shortfall for capital projects. Additional information on the local option sales tax estimates can be found on pages 2-3. Road Use Tax The Road Use Tax revenue projections have been updated to be slightly better than FY21 budget based on actual revenue received through January 2021 and a 3.5% reduction for the remainder of the fiscal year. Parking Fund The Parking revenue loss for July through January 2021 is $913,892. The estimated Parking revenue loss has increased previous estimates and will be updated as there are more months of revenue collection history. Most companies have employees still working remotely which impacts parking revenues. 5 Water, Sanitary Sewer, Stormwater and Refuse Funds Water, Sanitary Sewer, Stormwater and Refuse estimated revenue losses have remained the same based on the City continuing to not assess late fees, penalties or do service shut offs. Customers with delinquent accounts have been offered payment plan options for any delinquent balance that occurred after March 1, 2020. Fiscal Year 2020 and 2021 Expense Table 5: Fiscal Year 2020 and 2021 COVID-19 Expense FY21 FY20 Expense COVID-19 Expense Expense To-Date COVID-19 Employee Leave $460,160 $0 Transit Operations/Equipment/PPE $1,197,800 $935,322 Non-Congregate Shelter/Rent & Utility Assistance $267,252 $615,118 Five Flags Subsidy $200,000 $0 Remote Work Telecommunications $20,227 $58,992 Police Portable Radio, Reporting Software, Webcam, and PPE $62,605 $0 Building Disinfection $52,101 $0 Fire Decontamination System and PPE $45,029 $0 PPE $8,275 $4,219 E911 Overtime — Shift Coverage $0 $11,673 Office Modifications $2,390 $8,005 Translation Services of COVID-19 Information $6,442 $2,051 Remote Work Supplies $2,779 $198 Vehicle Interior Modifications $1,291 $352 Cleaning Equipment � $106 $1,345 Park Modifications $438 $643 Total COVID-19 Expense to-Date $2,326,895 $1,637,918 The Fiscal Year 2020 COVID-19 expenses have been covered by CARES Act funding for Transit and Community Development Block grant as well as other savings realized in the General Fund in FY2020. In Fiscal Year 2021, the CARES Act funding for Transit and Community Development Block Grant will cover the Transit and Non-Congregate Shelter/Rent & Utility Assistance expenses. The remaining expenses to-date of $87,478 in Fiscal Year 2021 will need to be covered by general fund revenue identified in Table 1. In addition, ongoing remote work telecommunications and PPE cost of$30,000 for the remainder of Fiscal Year 2021 will need to be covered by general fund revenue identified in Table 1. Of the $723,991 general fund revenues estimated to be available in Table 1, $117,478 in expenses will need to be covered, which would leave a balance of$606,513. 6 COVID-19 Course of Action A hiring freeze on most positions that are vacant or become vacant in Fiscal Year 2021 was initiated during Fiscal Year 2021. After learning that some of the City's revenues were perForming better than initially projected (Local Option Sales Tax, Ambulance Revenue) and receiving some State assistance, the following positions that were frozen have been unfrozen: Table 6: Unfrozen Positions Vacant Realized Department Fund FTE Type Position Date FY21 Savings Building Services General 1.00 Full-Time Facilities Manager 4/10/2020 $67,587 City Manager's General 1.00 Full-Time Assistant City 09/11/2020 $63,663 Office Manager Engineering General 0.87 Full-Time Traffic Engineer 1/1/2019 $39,597 Engineering General 0.90 Full-Time Engineering Assist II 5/1/2018 $31,339 ROW Tech Fire General 1.00 Full-Time Fire Fighter 10/5/2019 $44,648 Fire General 1.00 Full-Time Fire Fighter 4/1/2020 $44,648 Housing General 0.50 Full-Time Assistant Director 11/1/2019 $28,167 Police General 1.00 Full-Time Police Officer 7/1/2020 $49,136 Police General 1.00 Full-Time Police Officer 7/1/2020 $49,136 Police General 1.00 Full-Time Police Officer 7/1/2020 $49,136 Police General 1.00 Full-Time Police Officer 7/1/2020 $49,136 Recreation General 0.09 Seasonal Golf Course Laborer 6/30/2019 $2,573 General Fund Total $518,766 Public Works Road Use 1.00 Full-Time Utility Worker 03/23/20 $8,978 Tax Public Works Road Use 1.00 Full-Time Utility Worker 4/1/2020 $8,109 Tax Public Works Road Use 1.00 Full-Time Utility Worker 4/1/2020 $8,109 Tax Public Works Road Use 1.00 Full-Time Utility Worker 3/16/2020 $9,600 Tax Road Use Tax Fund Total $34,796 Housing CDBG 0.25 Full-Time Assistant Director 11/1/2019 $14,087 CDBG Fund Total $14,087 Housing Section 8 0.25 Full-Time Assistant Director 11/1/2019 $ 14,087 Section 8 Fund Total $14,087 Engineering Internal 0.13 Full-Time Traffic Engineer 1/1/2019 $6,005 Service Engineering Internal 0.10 Full-Time Engineering Assist II 5/1/2018 $3,935 Service ROW Tech Internal Service Fund Total $9,940 Total Realized Savings - All Funds $591,676 7 The following positions will continue to be frozen and will be re-evaluated in November 2021: Table 7: Frozen Positions Vacant FY21 Department Fund FTE Type Position Date Savings Building Services General 1.00 Full-Time Custodian 7/1/2020 $56,091 City Manager's General 1.00 Full-Time Neighborhood 12/31/20 $49,191 Office Specialist City Manager's General 0.25 Part-Time Scanning Intern 8/14/2020 $6,975 Office Economic General 0.25 Seasonal Intern 8/3/2019 $7,912 Development Fire General 1.00 Full-Time Fire Fighter 4/1/2020 $76,540 Library General 1.00 Full-Time Youth Services 7/1/20 $68,479 MFC General 0.48 Part-Time Receptionist 4/1/2020 $20,985 Parks General 1.00 Full-Time Maintenance Worker 7/1/2019 $64,280 Planning General 0.38 Seasonal Intern 1/24/2020 $9,490 Police General 1.00 Full-Time School Resource 7/1/2020 $44,161 Officer Police General 0.62 Part-Time Records Clerk 7/1/2019 $9,603 Public Works General 1.00 Full-Time Traffic Signal Tech II 7/1/2020 $91,234 Recreation General 1.00 Full-Time Facility Supervisor 7/1/2019 $70,004 General Fund Total $574,945 Engineering Sanitary 0.05 Full-Time Civil Engineer 07/01/2020 $5,404 Sewer WRRC Sanitary 1.00 Full-Time WRRC Operator 6/14/2019 $60,139 Sewer WRRC Sanitary 1.00 Full-Time Laboratory Supervisor 1/10/2020 $78,025 Sewer Sanitary Sewer Fund Total $143,568 Engineering Stormwater 0.52 Full-Time Civil Engineer 7/1/2020 $16,992 Stormwater Fund Total $16,992 Water Water 1.00 Full-Time Water Distrib Maint. 3/9/2020 $59,694 Worker Water Water 1.00 Full-Time Water Treatment 1/1/2019 $82,311 Plant Operator Water Fund Total $142,005 Engineering Internal 0.43 Full-Time Civil Engineer 7/1/2020 $45,659 Service Engineering Internal 0.50 Full-Time Camera Systems 07/01/2020 $45,659 Service Technician I Internal Service Fund Total $91,318 � Total Frozen Positions - All Funds $968,828 All General Fund frozen positions will be kept frozen and re-evaluated in November 2021 after the Local Option Sales Tax reconciliation payment is received. In addition, any new General Fund positions approved in the Fiscal Year 2022 budget will be recommended to be kept frozen until November 2021. Frozen positions that are not General Fund will be re-evaluated during Fiscal Year 2021. 8 All travel budgets (conferences, education and training, city business travel) for all departments have been frozen unless the conferences or education are needed to retain job certifications, required for accreditation, the registration has been already paid, the employee is on the Board of Directors, or employee has agreed to make a presentation. The Fiscal Year 2021 travel budgets are funded but frozen. Equipment replacements have been reviewed for Fiscal Year 2021. The Fiscal Year 2021 equipment replacement budgets are funded but some equipment replacements have been identified to be delayed if necessary. All capital projects have been frozen unless the project is already under contract, a grant is associated with the project, the project is part of an agreement, or the project addresses health and safety. The Fiscal Year 2021 capital project budgets are funded but frozen. No wage increases for non-bargaining and bargaining unit employees in Fiscal Year 2021. Multiple employee work groups were formed (CIP & Equipment Team, Operating Budget Team, Purchase of Services & Contracts Team, Grants and Contracts Team, and Staffing and Vacant Position Review Team) to assist with the review of FY 21 projections which minimally will be quarterly. Departments were directed to develop budget reduction plans (10%, 20% and 30%). The budget reduction plans developed by departments will not be implemented at this time, however the plans will be available if needed in the future. The following chart summarizes the budgets frozen by fund: Table 8: Frozen Budgets Fund Positions FTE Equipment* Travel Total Frozen General $574,945 9.98 $484,465 $570,256 $1,629,666 Sanitary Sewer $143,568 2.05 0 $11,492 $155,060 Stormwater $16,992 0.52 $40,000 $13,360 $70,352 Water $142,005 2.00 $540,000 $29,348 $711,353 Parking $- 0.00 0 $5,400 $5,400 Refuse $- 0.00 0 $6,934 $6,934 Internal Service $91,318 0.93 0 $390 $91,708 Total $968,828 15.48 $1,064,465 $637,180 $2,670,473 * Some General Fund equipment may break and need to be replaced. The estimated General Fund equipment that may be unfrozen during Fiscal Year 2021 is $187,000. Of the 606,513 general fund revenues remaining in Table 1 after coving ongoing COVID-19 expenses in Table 5, $187,000 in equipment replacement need to be set aside in case of replacement, which would leave a balance of$419,513. 9 COVID-19 Assistance The City of Dubuque has been awarded some Federal Assistance restricted for specific purposes such as Federal Transportation Administration CARES Act Section 5307 Funds for $3,641,599; Community Development Block Grant Coronavirus Funds for $647,301; Housing and Urban Development Housing Choice Voucher administrative funds for $112,800; Federal Aviation Administration CARES Act Airport grant for $1,159,773; Police Federal Bureau of Justice Coronavirus Emergency Supplemental Funding for $68,679; and Ambulance Public Health and Social Services Emergency Fund for $44,663. The City of Dubuque's received $1,375,656 from the State of lowa Local Government Relief Fund which was used to reimburse 25% of Public Health and Public Safety salaries. The City of Dubuque is also submitting COVID-19 related expenses to FEMA because of the disaster declaration related to the pandemic. Due to the estimated size of revenue losses and increased expenses in Fiscal Year 2020 and 2021, the City of Dubuque is advocating for federal assistance to be passed. Utility Billing Delinquent Balances In mid-March, the City temporarily suspended water shut offs related to past due utility bills. Late fees on past due utility bills are also temporarily suspended and disconnection notices are not being issued. There are approximately 1,138 customers with past due utility bills with balances of $125 or more, in total $554,413. Prior to the pandemic in March 2020, there were approximately 800 customers with past due utility bills with balances of$75 or more for tenants and $125 or more for owners, in total approximately $300,000. The following chart compares the past due balances by month for all utility accounts regardless of the balance for Fiscal Year 2021 (orange line) and Fiscal Year 2022 (blue line): Table 9: Delinquent Utility Billing Account Balances Delinquent Balances FYzozo FY 2021 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $- ,� y�. `Qe� `oe� ��,t `oec a,� a.�J tr t\ aJ ,�e �P��J��o`�o ,e� `e� ,a�J ���� �a P�Q � �� ��,Q �o Q� F 10 Due to the current situation with COVID-19, the City of Dubuque is offering payment plans to those that qualify to address past due utility account balances of $125 or more. First, each customer needs to apply for CDBG grant/assistance through the City of Dubuque Housing Department. This must be done in conjunction with an approved Payment Plan with the City. Payment plans will be allowed up to 12 months. Customers must make regular monthly payments of the current charges due in addition to the amount agreed upon in the payment plan. Payment Plan payments will only apply to charges accrued since March 2020. Any delinquent charges prior to March 2020 will not be covered by this payment plan. As of February 10, 2021, there are 104 active payment plans. The original amount of the plans was $90,557.57, payments received total $47,372.30, and the remaining balance is $43,185.27 (52.3% has been collected). There have been 11 payment plans paid in full totaling $4,635.97. In September 2020 Utility Billing began sending monthly payment reminders to accounts more than 30 days past due with balances $125 and over. As of February 10, 2021, 8,720 notices have been mailed and 4,792 email notices have been sent. The State of lowa Residential Utility Disruption Prevention Program paid $17,942 for 47 accounts in November & December 2020. This program is no longer active. The Finance Department and Housing Department are working together to respond to customers who are interested in payment plans and will also actively reach out to customers who do not respond. Fiscal Year 2022 Budget and Fiscal Policy Guidelines Recommendation The Fiscal Year 2022 Budget and Fiscal Policy Guidelines recommended reducing the current $10.1440 per thousand dollars assessed value property tax rate to $10.0496, a 0.93% decrease in the property tax rate. This recommendation resulted in no property tax increase for the average commercial property and had the following impact on the different classes of property: Table 10: FY22 Budget and Fiscal Policy Guidelines Proposed Property Tax Average Property % Property Tax Tax Cost Change Cost Change Property Type from FY21 from FY21 Residential $12.49 1.62% Commercial $0.00 0% Industrial ($14.20) (0.30%) Multi-Residential ($116.55) (6.15%) Current Property Next Year's Tax Rate Property Tax Rate % Change $10.1440 $10.0496 (0.93%) 11 The level of taxation in the FY22 Budget and Fiscal Policy Guidelines provides $247,455 for recurring and $154,347 for non-recurring general fund improvement package requests to be responsive to the priorities established by the Mayor and City Council. Revised Fiscal Year 2022 Property Tax Rate Recommendation A revised recommendation is now being proposed to further reduce the impact on the average residential homeowner. Based on the Fiscal Year 2021 updated revenue and expense projections for the General Fund, there is an estimated balance of just over $400,000 in one-time resources. The revised recommendation for Fiscal Year 2022 is to fund the non-recurring improvement packages in the amount of$154,347 from the Fiscal Year 2021 estimated revenue balance of$400,000. This change would result in a property tax rate reduction from $10.0496 per $1,000 of assessed valuation to $9.98607. The revised property tax rate recommendation of $9.98607 would have the following impact on the different classes of property: Table 11: FY22 Revised Property Tax Recommendation Average Property % Property Tax Tax Cost Change Cost Change Property Type from FY21 from FY21 Residential $7.55 0.98% Commercial ($20.02) (0.63%) Industrial ($43.77) (0.93%) Multi-Residential ($127.79) (6.74%) Current Property Next Year's Tax Rate Property Tax Rate % Change $10.1440 $9.98607 (1 .56%) The Fiscal Year 2022 property tax revenue would be reduced from $26,630,342 to $26,462,344, which would be a 0.99% increase over Fiscal Year 2021 property tax revenue. The maximum property tax resolution would require a simple majority vote of the City Council because the proposed property tax increase is less than 2%. No Property Tax Increase to the Average Residential Homeowner If the City Council would decide to adopt a guideline of no property tax increase to the average residential homeowner, no recurring improvement packages would be funded ($247,455), the non-recurring improvement packages ($154,347) would be funded using the Fiscal Year 2021 estimated revenue balance of$400,000, and $23,198 of General Fund maintenance level equipment replacements would be funded by the Fiscal Year 2021 estimated revenue balance. 12 Targeting no property tax increase for the average homeowner has the following impact on the different classes of property: Table 12: FY22 No Increase to Average Homeowner Average Property °/a Property Tax Tax Cost Change Cost Change Property Type from FY21 from FY21 Residential $0.00 0% Commercial ($43.59) (1.43%) Industrial ($81.92) (1.79%) Multi-Residential ($144.99) (7.64%) Current Property Next Year's Tax Rate Property Tax Rate °/a Change $10.1440 $9.88899 (2.51%) JML 13 Dubuque THE CITY OF � All-America Cily D V L L rinnUti�i<�ve u�xzn ' � II ��' Maste iece on the Mississi i zoo��zoiz�zoi3 �P pp zoi��zoi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Set Public Hearing for Resolution Establishing Maximum Property Tax Dollars for Fiscal Year 2022 DATE: February 11, 2021 It is my goal that the Fiscal Year 2022 budget recommendation will reflect the City Vision and Mission Statements and be responsive to the goals and priorities established by the Mayor and City Council in August 2020, at the annual goal setting process. In the midst of last year's budget process, the World Health Organization declared on March 11, 2020 that COVID-19 was a pandemic. Almost immediately the world economy began to shut down. Locally, unemployment skyrocketed from the lows of 2018/2019 of less than 2°/o unemployment, to the February 2020 unemployment of 3.4%, to a 2020 high of 12.9% in April 2020. Since then there has been a steady decline to 3.5% in December 2020. However, this low unemployment rate can be deceptive. From January 2020 (57,349) to December 2020 (51,760), 5,589 people have left the Dubuque County labor force. These are people who were previously employed, or previously unemployed and looking for a job, that are now unemployed and not looking for a job. Everything I have heard and read indicates that the economic downturn in Dubuque has most negatively impacted the hospitality and tourism industries, which are commercial businesses, and individuals who mainly live in apartments. Recognizing this, I have tried to recommend a budget that minimizes property taxes on commercial properties and multi-family residential properties (3 units and above as defined by the State of lowa). I am doing this while trying to have some additional resources to be responsive to the priorities of the Mayor and City Council. You will recall that in the current year (FY21 beginning July 1, 2020) City budget that was adopted by the Mayor and City Council in April 2020, at the beginning of the pandemic, there was a property tax rate reduction of 1.8%, which lowered property taxes on residential property, commercial property and industrial property, but did cause an increase on multi-residential property. The change from FY20 to FY21 was as follows: Property Type Average Property % Property Tax Tax Cost Change Cost Change from FY2020 from FY2020 Residential $1.09 less 0.14% decrease Commercial $104.45 less 3.30% decrease Industrial $132.61 less 2.81% decrease Multi-Residential $158.73 more 9.13% increase Current Property Next Year's % Change Tax Rate Property Tax Rate $10.33144 $10.1440 1.8% Decrease Dubuque then compares very favorably with the ten other cities in the State of lowa with a population greater than 50,000 with having the lowest property tax rate. FT_ t _��l �--r.�r' �- -��E��ir� Ti�>: �'�:.".i.� - - -. _y., � #��,�a �ie.�s �ia.�a ae Si��e pa $15�2 �15.66 $15�i6 #15_77 t�� 51�,3U a� ���.1� €ia_i� ��i_�� �na 4� � � � , � � 1e D�� Annc �nr'�fe�LMa A�.�W Cidr thvClb'ioxC�6ae� 6ia Co�� ftrlsloF ■��'C�u4K Pmld� ■dm�' 9i�Rc • Highest-ranlc�d city�Waterloo, $18.4�� is 8236 highertlran U�uque • �4VEf�gB a� atllBf LO CItIBS��L�,22� is 509�higher�an Uubuque The above numbers relate to the current fiscal year, FY21. Now I will be moving to describe how my recommendation will affect FY22 and beyond. Dubuque would compare very favorably with these other cities when looking at debt in that with using only 45% of the statutory debt limit if the FY22 Capital Improvement Program budget recommendation is adopted, Dubuque would rank 5t" lowest of the eleven cities and very close to the 44.68% average of the other cities. 2 Percentage of Legal Debt Limit Utilized 100% 90% 80% 70% 64% 63% 0 57% 53% 60/0 49% 49% 50% 45% 45% o 40/o 40% 27% 30% 22% 22% 20% 10% —% G�.� \��� Qo� ��oo �`a5 `��� ���,1 ��� ��� ��� \��� G�.� �\o�+ ��o �J�� ��� m`�m ��o �� O��J P�� P �G\� \o��. O � G�a O JaJ �o�` Go� �' J� � O P�o' In addition, the Mayor and City Council have been good stewards of City funds and built up healthy general fund reserves. The City maintains a general fund reserve, or working balance, to allow for unforeseen expenses that may occur. The goal is to have at least a 20% general fund reserve. FY2021 FY2022 FY2023 FY2024 FY2025 . - . . . - � . � $17,903,632 $17,903,632 $17,903,632 $17,903,632 $17,903,632 ' � • - • - - • - - 25.21% 24.72% 24.24% 23.76% 23.29% As previous analysis has shown, the City of Dubuque is also one of the most efficiently run cities in the comparison group of the eleven cities with a population of greater than 50,000. The Fiscal Year 2022 budget recommendation is that the property tax rate be further reduced from the current $10.1440 per thousand dollars assessed value to $10.0496, a 0.93% decrease in the property tax rate. Targeting no property tax increase for the average commercial property has the following impact on the different classes of property: 3 Property Type Average Property % Property Tax Tax Cost Change Cost Change from FY2021 from FY2021 Residential $12.49 1.62 % Commercial $0.00 0 % Industrial ($14.20) (0.30%) Multi-Residential ($116.55) (6.15%) Current Property Next Year's % Change Tax Rate Property Tax Rate $10.1440 $10.0496 (0.93%) With this level of taxation there is $401,802 available to fund general fund improvement package requests in an attempt to be responsive to the priorities established by the Mayor and City Council. If the City Council should determine that a more appropriate target would have been no property tax increase for the average homeowner, this would require a lower property tax rate, which will further lower the property taxes for industrial and multi-residential properties and lead to a property tax reduction for commercial properties. There then would be no money available for general fund improvement packages and the maintenance level budget would need to be reduced by $23,198. Targeting no property tax increase for the average homeowner has the following impact on the different classes of property: Pro ert T e Avera e Pro ert % Pro ert Tax Residential $0.00 0°/o Commercial $43.59 1.43% Industrial $81.92 1.79% Multi-Residential $144.99 7.64% Current Pro ert Next Year's % Chan e $10.1440 $9.88899 2.51% This reduces the amount of money available for general fund improvement packages from $401,802 to a negative $23,198, which would lead to maintenance level reductions. For FY22 there are $3,144,034 in general fund improvement package requests with a net property tax impact of$2,627,330. 4 Director of Finance and Budget Jennifer Larson recommends the Fiscal Year 2022 Resolution Establishing Maximum Property Tax Dollars be set for public hearing on March 1, 2021. Prior to setting the public hearing and publishing the notice of public hearing, the City Council can increase or decrease this amount. Once this amount is established and set for public hearing, the City Council cannot increase it at the public hearing. After the public hearing, the maximum property tax dollars can be approved as is or reduced, but not increased. Senate File 634 passed during the 2019 legislative sessions, makes changes to lowa city and county budgets and taxes for Fiscal Year 2021 and later. Additional steps have been added to the budget approval process: 1. Determine a maximum amount of taxes that the municipality will certify to be levied as property taxes from certain levies in the next fiscal year (called the "total maximum property tax dollars"), and prepare a resolution that establishes that amount of"total maximum property tax dollars" for the next fiscal year. 2. Set a time and place for a public hearing on the resolution. 3. Hold a public hearing on the resolution, at which residents and property owners may present oral or written objections. 4. Following the public hearing, the governing body may decrease the proposed "maximum property tax dollars" amount but may not increase the amount. 5. Adopt the resolution. If the "total maximum property tax dollars" amount is greater than 102% of the current fiscal year's actual property taxes from the identified levies, then the resolution must pass the governing body by a two-thirds majority of the full City Council. The maximum property tax dollars resolution is developed and adopted by City Council during the budgeting process in order to provide targets or parameters within which the budget recommendation will be formulated within the context of the City Council Goals and Priorities established in August 2020. By State law, the budget that begins July 1, 2021 must be adopted by March 31, 2021. I am providing a list of improvement packages requested, and the impact on the General Fund, for consideration to be included in the budget. If you approve the amount of resources recommended in the resolution, the budget will be able to fund $247,455 for annually recurring and $154,347 for non-recurring improvement packages in the General Fund. There are many improvement packages requested by departments in an 5 effort to support City Council goals and priorities. You will see that the recurring requests in the General Fund total $1,967,269 of net operating budget impact and the non- recurring requests in the General Fund total $660,061, for a total of$2,627,330 in improvements which exceeds the resources that will be available for Fiscal Year 2022. In order to provide context for the basis of the recommended maximum property tax dollars recommended in Fiscal Year 2022, the Fiscal Year 2022 Budget and Fiscal Policy Guidelines are attached. The budget guidelines are developed and adopted by City Council during the budgeting process in order to provide targets or parameters within which the budget recommendation will be formulated within the context of the City Council Goals and Priorities established in August 2020. The final budget presented by the City Manager may not meet all of these targets due to changing conditions and updated information during budget preparation. To the extent the recommended budget varies from the guidelines, an explanation will be provided in the printed budget document. By State law, the budget that begins July 1, 2021 must be adopted by March 31, 2021. The Fiscal Year 2022 budget guidelines call for a 0.93% decrease in the property tax rate, which would be a 1.62% or $12.49 tax increase for the average Dubuque homeowner, no increase in property tax for commercial (0%, $0) and a decrease for industrial (0.30%, $14.20) and a decrease for multi-residential (6.15%, $116.55) properties. � . . , Property Tax Rate -0.93% -$0.09 Average Residential Payment +1.62% +$12.49 Average Commercial Payment 0.00% $0.00 Average Industrial Property -0.30% -$14.20 Average Multi-Residential Property -6.15% -$116.55 Since 1989, the average homeowner has averaged an annual increase in costs in the City portion of their property taxes of 1.30%, or about $7.78 a year. If the State had been fully funding the Homestead Tax Credit, the increase would have averaged about +$4.79 a year. The City Council is only considering the Fiscal Year 2022 property tax rate. The Fiscal Year 2023 - 2026 tax rates are only projections. The future budget projections will be updated each year so that City Council will have an opportunity in the next year to change Fiscal Year 2023. The City property tax rate projected in these budget guidelines and impact on the average residential property owner ($146,467 assessed value) is as follows: 6 . FY 2022 10.0496 -0.93% FY 2023 10.8220 7.69% FY 2024 11.2619 4.06% FY 2025 11.8419 5.15% FY 2026 12.3401 4.21% . . - . - . , . � . . . . � . � . . . - . . - . - . . - FY 2021 $26,202,568 FY 2022 $26,630,342 +1.63% +1.62% +$12.49 FY 2023 $29,162,508 +9.51% +7.69% +$60.07 FY 2024 $30,861,600 +5.83% +4.06% +$34.21 FY 2025 $32,907,331 +6.63% +5.15% +$45.11 FY 2026 $34,974,146 +6.28% +4.21°/a +$38.74 The recommended guideline is a +1.62% or +$12.49 increase for the average residential property owner assuming the Homestead Property Tax Credit is fully funded and no increase for the average commercial property owner. A one percent increase in the tax rate will generate approximately $268,434. In order to achieve no increase to the average residential property owner, no improvement packages would be funded and the maintenance level budget would need to be reduced by $23,198. The residential rollback factor will increase from 55.0743% in 2021 to 56.4094% or a 2.42% increase in FY 2022. The increase in the residential rollback factor increases the value that each residence is taxed on. This increased taxable value for the average homeowner ($80,666 taxable value in FY 2021 and $82,621 taxable value in 2022) results in more taxes to be paid per $1,000 of assessed value.The Fiscal Year 2021 Dollars & Cents is attached. For the current Fiscal Year 2021, Dubuque has the LOWEST property tax rate as compared to the eleven largest cities in the state. The highest rate (Waterloo) is 81.78% higher than Dubuque's rate, and the average is 47.76% higher than Dubuque. Dubuque's recommended FY 2022 property tax rate is $10.0496 (decrease of 0.93% from FY 2021). 7 Fiscal Year 2021 City Property Tax Rate Comparison for Eleven Largest lowa Cities 11 Waterloo $18.44 10 Council Bluffs $18.26 9 Des Moines $17.46 8 Davenport $16.78 7 lowa City $15.77 6 Cedar Rapids $15.66 5 Sioux City $14.90 4 West Des Moines $11.80 3 Ankeny $10.67 2 Ames $10.15 1 Dubuque $10.14 AVERAGE w/o Dubuque $14.99 Significant issues impacting the FY 2022 budget include the following: 1. State Funded Backfill on Commercial and Industrial Property Tax a. Elements of the property tax reform passed by the lowa Legislature in 2013 have created a tremendous amount of uncertainty in the budget process. While the State has committed to provide some funding for the City revenue reductions caused by the decrease in taxable value for commercial and industrial properties, key legislators have been quoted in the media as casting doubt on the reimbursements continuing. It is assumed the backfill will be fully funded in FY 2022 and FY 2023. 2. Gaming Revenue. a. Gaming revenues generated from lease payments from the Dubuque Racing Association (DRA) are estimated to increase $43,621 from $5,185,737 in FY 2021 to $5,229,358 in FY 2022 based on Fiscal Year 2019 actual plus Sports Betting. This follows a $198,633 increase from budget in FY 2021 and a $85,928 increase from budget in FY 2020. b. The lowa Legislature passed Sports Betting Legislation in June 2019. DRA started Retail (On-Site) on August 27, 2019 with Mobile Wagering starting on November 12, 2019. Diamond Jo Casino partnered with Betfair Interactive US LLC (FanDuel Sportsbook) and they started Sports Betting Retail in September 2019 and Mobile Wagering in September 2020. DRA 8 had $562,601 in Sports Book revenue and $16,141,637 in Sports Betting handle during 2020. With an amended lease, the City began receiving 0.5% of the handle from Sports Betting in FY 2021. The City's estimated 0.5°/a of the handle from Sports Betting in FY 2022 is $80,708. 3. New multi-residential property class in Fiscal Year 2017. a. Beginning in FY 2017 (July 1, 2016), new State legislation created a new property tax classification for rental properties called multi-residential, which requires a rollback, or assessment limitations order, on multi- residential property which will eventually equal the residential rollback. Multi-residential property includes apartments with 3 or more units. Rental properties of 2 units were already classified as residential property. The State of lowa will not backfill property tax loss from the rollback on multi- residential property. - . . . � . � . . 2017 86.25% $331,239 2018 82.50% $472,127 2019 78.75% $576,503 2020 75.00% $691,640 2021^ 71.25% $952,888 2022 67.50% $1,371,435 2023 63.75% $1,293,125 2024 56.41 % $1,458,182 Total $7,147,139 '55.07% =Current residential rollback ^ 17% State Equalization Order in FY 2021 This annual loss in tax revenue of$1,371,435 in FY 2022 and $1,458,182 from multi-residential property when fully implemented in FY 2024 will not be backfilled by the State. From Fiscal Year 2017 through Fiscal Year 2024 the City will lose $7,147,139 in total, meaning landlords will have paid that much less in property taxes. The state did not require landlords to charge lower rents or to make additional investment in their property. 4. Debt Reduction a. In August 2015, the Mayor and City Council adopted a debt reduction strategy which targeted retiring more debt each year than was issued by the City. The recommended FY 2022 budget will achieve that target throughout the 5-year CIP and also substantially beat overall debt reduction targets over the next five and ten-year periods. 9 You can see that the Mayor and City Council have significantly impacted the City's use of the statutory debt limit established by the State of lowa. In Fiscal Year 2015, the City of Dubuque used 90°/a of the statutory debt limit. In this budget recommendation, the Mayor and City Council are currently reviewing for Fiscal Year 2022, the use of the statutory debt limit would be 45°/a, and by the end of the recommended 5-Year Capital Improvement Program (CIP) budget in Fiscal Year 2026, the City of Dubuque would be at 37% of the statutory debt limit. Projections out 10 years to Fiscal Year 2031 show the City of Dubuque at 18% of the statutory debt limit. This is an improvement on the debt reduction plan adopted in August 2015, that first began implementation in Fiscal Year 2016. Statutory Debt Limit Used (as of June 30th) 100%gp% 87% 82% 79% 79°/a 0 75% 86% 9% 63% 72% � ° 70% 66% 66% 62% 56% 0 50 0 46% 45% 44% 45% 0 5 ° 40% 37% 33% 29% 25% 21% 25% 18% —% � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � s 3 j � 1V N N W N N N N N N W W �7f Q� �I 0� �G o � N W A t7� O� �I 00 �O O � � FY16 Adopted � FY22 Recommended 10 b. The City will issue $54,053,140 in new debt in the recommended 5-year CIP, mostly for fire truck and pumper replacements, fire station expansion, road improvements, sanitary sewer improvements, water improvements, additional downtown parking, and maintenance of Five Flags. Project FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Total Airport Rehab Taxiway A $ 577,000 $ 283,000 $ 860,000 Downtown Parking Ramp GDTIF $ 4,050,000 $ 9,078,000 $ 6,000,000 $19,128,000 Finance General Ledger Software $ — Fire HVAC Headquarters $ 169,184 $ 84,894 $ 254,078 Fire Ladder& Pumper $ 1,582,154 $ 425,460 $ 433,000 $ 2,440,614 Fire Station Expansion $ 700,620 $3,194,028 $ 3,894,648 Five Flags GDTIF $ 5,750,000 $ 5,750,000 Riverfront Docks/Property Acquisition GDTIF $ 1,300,000 $ 1,300,000 Smart Parking GDTIF $ 222,000 $ 450,000 $ 672,000 Solid Waste Collection Vehicles $ 175,000 $ 235,000 $ 55,000 $ 265,000 $ 106,000 $ 836,000 Sanitary Sewer Projects $ 5,170,303 $ 4,224,310 2871401 4700000 1296786 $18,262,800 Water Projects $ 655,000 $ 655,000 Total New Debt $12,277,457 $14,583,494 $15,763,755 $6,381,620 $5,046,814 $54,053,140 In addition, the City will access $3,424,668 of previously issued state revolving fund loans as the related capital improvement projects progress. The draw down on these previously issued loans is as follows: FY FY FY FY FY Project 2022 2023 2024 2025 2026 Total Stormwater Upper Bee Branch Rail Road $ 2,394,668 $ 2,394,668 Water CIWA Purchase& Improvements $ 1,030,000 $ 1,030,000 Total Draw Downs $ 3,424,668 $ — $ — $ — $ — $ 3,424,668 11 The City will retire $96,569,252 of existing debt over the next five-years (FY22- FY26).The following chart shows the net reduction of debt from Fiscal Year 2022 - Fiscal Year 2026: FY FY FY FY FY Project 2022 2023 2024 2025 2026 Total New Debt $ 12,277,457 $ 14,583,494 $ 15,763,755 $ 6,381,620 $ 5,046,814 $ 54,053,140 Previously Issued SRF Draw Downs $ 3,424,668 $ — $ — $ — $ — $ 3,424,668 Retired Debt -$16,890,599 -$18,413,294 -$19,666,659 -$20,461,290 -$21,137,410 -$96,569,252 Net Debt Reduction -$1,188,474 -$3,829,800 -$3,902,904 -$14,079,670 -$16,090,596 -$39,091,444 Outstanding General Obligation (G.O.) debt on June 30, 2022 is projected to be $107,921,270 (44.67% of the statutory debt limit), leaving an available debt capacity of$133,694,813 (55.33%). In Fiscal Year 2016, the City was at 86.13% of statutory debt limit, so 44.67% in Fiscal Year 2022 is a 41.46°/a decrease in use of the statutory debt limit. The City also has debt that is not subject to the statutory debt limit, such as revenue bonds. Outstanding revenue bonds payable by water, sewer, parking and stormwater fees, will have a balance of$146,790,767 on June 30, 2022 . The total City indebtedness as of June 30, 2022, is projected to be $254,712,037 (44.67% of statutory debt limit). The total City indebtedness as of June 30, 2016, was $295,477,641 (86.13% of statutory debt limit). The City is projected to have $39,958,904 less in debt as of June 30, 2022. The combination of reduced debt and increased utility rates partially reflects the movement to a more "pay as you go" strategy, which could lead to larger tax and fee increases than with the use of debt. 12 The following chart shows the amount of retired debt as compared to new debt. The new debt includes new debt issuances as well as draw downs on existing state revolving fund loans: * Retired Debt Versus New Debt (In Millions) $25 $23.4 $22.4 $21.1 $21.2 $21.6 $21.6 $20.5 $20 $19.7 $18.1 $18.4 $18.7 $17.4 $17.1 $16.9 $16.4 $17.8 ' � ��rj $14.3 � g � $14.8 $14.6 O = $13.0 � $12.1 ��� $10.5 6.4 5.0 $5 1.0 1.0 1.0 1.0 1.0 �� co r� oo rn o � c� co � � co � oo rn o � � � N N N N N N N N N N M M } � � � � � � � � � � � � � � � L.L L.L LL L.L L.L LL LL L.L LL LL L.L LL LL LL L.L LL � Retired Debt � New Debt *In Fiscal Year 2020, the City had $5,908,200 forgiven of the Bee Branch Upper Bee Branch Loan on June 30, 2020 which increased principal payments reflected. c. The City also has debt that is not subject to the statutory debt limit. This debt includes revenue bonds. Outstanding revenue bonds payable by water, sewer and stormwater fees on June 30, 2022 will have a balance of $146,790,767. The total City indebtedness as of June 30, 2022, is projected to be $254,712,037. The total City indebtedness as of June 30, 2021, was $255,296,689. In FY 2022, the City will have a projected $584,652 or 0.23% less in debt. The City is using debt to accomplish necessary projects and to take advantage of the attractive interest rates in the current market. 13 The following chart shows Dubuque's relative position pertaining to use of the statutory debt limit for Fiscal Year 2022 compared to the other cities in lowa for Fiscal Year 2020 with a population over 50,000: Fiscal Year 2020 Legal Debt Limit Comparison for Eleven Largest lowa Cities Rank City Legal Debt Limit Statutory Debt Percentage of Legal (5%) Outstanding Debt Limit Utilized 11 Sioux City $ 234,052,896 $ 149,054,999 63.68 % 10 Des Moines $ 633,944,619 $ 399,100,000 62.96 % 9 Davenport $ 362,087,372 $ 207,415,000 57.28 % 8 Waterloo $ 198,578,109 $ 106,207,641 53.48 % 7 Cedar Rapids 583,572,883 286,435,000 49.08 % 6 W. Des Moines $ 414,397,845 $ 203,180,000 49.03 % 5 Dubuque (FY22) $ 241,616,084 $ 108,727,970 45.00 °/a 4 Ankeny $ 303,268,096 $ 122,095,000 40.26 % 3 Ames $ 242,136,755 $ 64,305,000 26.56 % 2 Council Bluffs $ 256,079,718 $ 57,043,627 22.28 % 1 lowa City $ 306,678,510 $ 68,160,000 22.23 % Average w/o Dubuque 44.68 % Percent of Legal Debt Limit Utilized so�io 62.96% 63.68% 60% 57.28% 53.48% 44.68% 45.00% 47.37% 49.03% 40.26% 40% 26.56% 22.23% 22.28% 20% 0% o�aG��.� G\����5 P�eS P��e�� P�e�a�,e e��yry`L� ��a,��a5 y�o\�e5 �a�e��o° a�e�,�o� ��o\�e5 `o��G��.� � Go�� O J���� Geda ��e O �e 5 Dubuque ranks as the fifth lowest of the use of statutory debt limit of the 11 cities in lowa with a population over 50,000 and Dubuque is slightly above the average of the other Cities. 14 Total Debt (In Millions) $324 $302.3 $297 $290.1 $282.0 $279.9 $295.5 $270 $285.5 L $265.6 $267.4 $275.1� $255.3 $255.9 �251.5 $264.9 - $248.2 $243 $252.5 $254.7 $234.7 � $244.3 $241.4 $219.1 � $216 $226.2 199.3 � $189 179.0 $162 158.8 137.4 $135 $108 $119� FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY16 Adopted � FY22 Recommended By the end of the recommended 5-Year Capital Improvement Program (CIP) budget the total amount of debt for the City of Dubuque would be $219.1 million (37% of the statutory debt limit) and the projection is to be at $119.5 million (18% of statutory debt limit) within 10 years. 5. General Fund Reserve The City maintains a general fund reserve, or working balance, to allow for unforeseen expenses that may occur. Moody's Investor Service recommends a 20% General Fund Operating Reserve for "AA" rated cities. In May 2015, Moody's Investors Service downgraded Dubuque's general obligation bond rating from Aa2 to Aa3, but removed the negative future outlook. This followed two bond rating upgrades in 2003 and 2010, and one bond rating downgrade in 2014. In announcing the bond rating downgrade, Moody's noted the City's general fund balance/reserve declined. 15 . - � •- • . . . - . . . • Increase due to capital projects not expended before the end of the FY FY 2016 17.52% and increase in general fund revenue Increase due to capital projects not expended before the end of the FY FY 2017 20.09% and additional contributions to general fund reserve Increase due to capital projects not expended before the end of the FY FY 2018 23.81% and additional contributions to general fund reserve Increase due to capital projects not expended before the end of the FY FY 2019 29.06% and additional contributions to general fund reserve Increase due to freezing vacant positions and most capital projects due FY 2020 31.24% to the pandemic. FY 2021 25.21% Decrease due to planned capital expenditures Fund Reserve as a Percent of General Fund Revenue 35 31.24% 30 29.06% � 25 23.81% 25.21 /24.72% 23.76% �' � 0 22.84% � 20.09% 24.24/0 23.29% a 20 � � 17.52% 15 10 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Fiscal Year The City of Dubuque has historically adopted a general fund reserve policy as part of the Fiscal and Budget Policy Guidelines which is adopted each year as part of the budget process. During Fiscal Year 2013, the City adopted a formal Fund Reserve Policy which states the City may continue to add to the General Fund minimum balance of 10% when additional funds are available until 20% of Net General Fund Operating Cost is reached. 16 After all planned expenditures in FY 2021, the City of Dubuque will have a general fund reserve of 24.83% of general fund expenses as computed by the methodology adopted in the City's general fund reserve policy on a cash basis or 25.21% percent of general fund revenues as computed by the accrual basis methodology used by Moody's Investors Service. The general fund reserve cash balance is projected to be $17,166,567 on June 30, 2021 as compared to the general fund reserve balance on an accrual basis of$17,903,632 as computed by Moody's Investors Service.The general fund reserve balance on an accrual basis exceeds 22% in FY 2021, which is the margin of error used to ensure the City always has a general fund reserve of at least 20% as computed by Moody's Investors Service. In Fiscal Year 2017, the City had projected reaching this consistent and sustainable 20% reserve level in Fiscal Year 2022. In fact, the City met the 20% reserve requirement in FY 2017, five years ahead of schedule and has sustained a greater than 20°/a reserve. � i i � � i - � � . Contribution $— $— $— $— $— $— $— City's Spendable General Fund Cash $21,744,160 $17,903,632 $17,903,632 $17,903,632 $17,903,632 $17,903,632 $17,903,632 Reserve Fund Balance % of Projected 31.24°/a 25.21% 24.72°/a 24.24% 23.76% 23.29% 22.84% Revenue (Moody's) 6. The Municipal Fire and Police Retirement System of lowa Board of Trustees City contribution for Police and Fire retirement increased from 25.31% percent in FY 2021 to 26.18% percent in FY 2022 (general fund cost of$133,704 for Police and $59,244 for Fire or a total of$192,948). �. The already approved collective bargaining agreements for Teamsters Local Union 120, Dubuque Professional Firefighters Association, and International Union of Operating Engineers in FY 2022 include a 3.00% employee wage increase. The already approved collective bargaining agreement for Teamsters Local Union 120 Bus Operators include a 3.25% employee wage increase.Non- represented employees include a 3.00% wage increase. Total cost of the wage increase is $1,161,505 to the General Fund. 8. Health Insurance The City portion of health insurance expense is projected to increase from $1,025 per month per contract to $1,086 per month per contract (based on 588 contracts) in FY 2022 (general fund cost of$297,186). The City of Dubuque is self-insured, and actual expenses are paid each year with the City only having stop-loss coverage for major claims. In FY 2017, The City went out for bid for 17 third party administrator and the estimated savings has resulted from the new contract and actual claims paid with there being actual reductions in cost in FY 2018 (19.42%) and FY 2019 (0.35%). In addition, firefighters began paying an increased employee health care premium sharing from 10% to 15% and there was a 7% increase in the premium on July 1, 2018. During FY 2019, the City went out for bid for third party administrator for the prescription drug plan there has been savings resulting from the bid award. Based on FY 2021 actual experience, Fiscal year 2022 is projected to have a 6% increase in health insurance costs. Fiscal Year 2022 projections include additional prescription drug plan savings of$219,256. Estimates for FY 2023 were increased 6%; FY 2024 were increased 7%; FY 2025 were increased 8%; and FY 2026 were increased 8%. s. The decrease in property tax support for Transit from FY 2021 to FY 2022 is - $17,871, which reflects decrease in motor vehicle maintenance and diesel fuel (- $101,086); decrease in snow removal (-$36,495); decrease in machinery and equipment (-$35,977); increase in motor vehicle maintenance outsourced ($58,815), and decrease in private contributions related to the Night Rider Route ($84,280). Timeline of Public Input Opportunities The Budget Office conducted community outreach with Balancing Act using print and digital marketing and presentations. • October: Point Neighborhood Association. • November: The City Manager hosted an evening virtual public budget input meeting. The Budget Office conducted a virtual community outreach session using GoToMeeting. • December: City staff conducted two virtual community outreach sessions using GoToMeeting and Facebook Live streaming. A total of 71 community members attended the virtual budget presentations. There have been 140 page views of the Balancing Act budget simulator tool and 3 budgets have been submitted by the public as of February 1, 2021. The input provided will be analyzed by City staff and evaluated by the City Manager for inclusion in the Fiscal Year 2022 budget recommendation as deemed appropriate. Open Budget URL: www.dollarsandcents.cityofdubuque.org During Fiscal Year 2016, the City launched a web based open data platform. The City of Dubuque's Open Budget application provides an opportunity for the public to explore and visually interact with Dubuque's operating and capital budgets. This application is in 18 support of the five-year organizational goal of a financially responsible city government and high-perFormance organization and allows users with and without budget data experience, to better understand expenditures in these categories. Open Expenses URL: http://expenses.cityofdubuque.org/ During Fiscal Year 2017, an additional module was added to the open data platform which included an interactive checkbook which will allow residents to view the City's payments to vendors. The final step will be adding performance measures to the open data platform to allow residents to view outcomes of the services provided by the City. Balancing Act URL:http://bit.ly/fy22budgetsim During Fiscal Year 2019, the City of Dubuque launched a new interactive budget simulation tool called Balancing Act. The online simulation invites community members to learn about the City's budget process and submit their own version of a balanced budget under the same constraints faced by City Council, respond to high-priority budget input questions, and leave comments. Taxpayer Receipt URL: http://bit.ly/taxpayerreceipt During Fiscal Year 2019, the City launched an online application which allows users to generate an estimate of how their tax dollars are spent. The tool uses data inputted by the user such as income, age, taxable value of home, and percentage of goods purchased within City limits. The resulting customized receipt demonstrates an estimate of how much in City taxes the user contributes to Police, Fire, Library, Parks, and other city services. This tool is in support of the City Council goal of a financially responsible and high-performance organization and addresses a Council-identified outcome of providing opportunities for residents to engage in City governance and enhance transparency of City decision-making. There will be six City Council special meetings prior to the adoption of the FY 2022 budget before the state mandated deadline of March 31, 2021. The recommended resolution for maximum property tax dollars in FY 2022 is $26,349,612 (excluding the debt service levy of$280,730) or a 1.63% increase over Fiscal Year 2021 property tax dollars. Since the "total maximum property tax dollars" amount is less than 102% of the current year's property taxes (1.63% excluding the debt service levy), the resolution must pass by a simple majority vote of the City Council. 19 I respectfully recommend Mayor and City Council approval to set the public hearing for March 1, 2021. .��r"�'"1 ��t Michael C. Van Milligen MCVM:jml Attachments cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jennifer Larson, Director of Finance and Budget 20 . o a e . $ e � . �� � • � • • Dubuque has the LOWEST FY2021 property tax rate ($10.14 per thousand assessed value) of lowa's 11 � � � � � � cities with populaAtions over 50,000. City of Dubuque FY202� •��„�, ,,:��_ „v..��v�__ T�.. n..+o ,,...��..v.....� p,-,,,,o,-t�T T�X R�+� $Zo $17.98 $18.26 $18.44 Sis $16.78 • $10.1440 per thousand dollars assessed value s,s $15.22 $15.66 $15.68 $15.77 • Decrease of 1.81% from FY2020 s,4 $12.30 s�s $11.16 $10.74 $10.15 sio �i• i- �i• ��- Sa � . • �'' � $6 � , � � I 1 � 1 1 $4 Residential $1.09 less 0.14% decrease sz Commercial $104.45 less 3.30% decrease so Industrial $132.61 less 2.81% decrease Dubuque Ames Ankeny^WestDes Avg.w/o Cedar SiouxCity IowaCity Davenport Des Council Waterloo Moines*Dubuque Rapids Moines* Bluffs Multi-Residential $158.73 more 9.13% increase • Highest-ranked city (Waterloo, $18.44) is 82°/a higherthan Dubuque � "� - • Average of other 10 cities ($15.22) is 50% higher than Dubuque �� $10.33144 $10.1440 1.8% Decrease *Includes the transit taz levy adopted by the Des Moines Area Regional Transit Authority for comparability. - � � � � � � - � � Hc �lit FY2021 Consolidated Rate of 32.66554 Property taxes are collectetl by the County and tlistributed monthly to the City of Dubuque and other taxing bodies. Property taxes are distributed among the Dubuque Community School District (45%), City of Dubuque (31.6%), Dubuque County(18.2%), Northeast lowa Community College � ' � � � (3.2%), and independent authorities* (2%). • � • i � � Property taxes are certified July 1 with the first half tlue on or before September 30 and the second half due on or before March 31. For more � � information, contact the City Assessor at 563-589-4416. � � NICC � � � 3.2% * "Independent authorities"includes City Assessor, County Hospital(Sunnycrest � � Independent Manor), Dubuque County Agriculture Extension, and the Tuberculosis and Brucellosis Authol'Itles Eradication Fund. 2% r-iscai Year �u�l � , City Budget � The City's adopted FY2021 budget provides estimated revenues and expenditures for programs and services to be provided during the fiscal year, from July 1, 2020, through June 30, 2021. The budget has two primary components: the operating budget and the capital budget. � ' ' ' The City's total budget for fiscal year (FY) 2021 is $198,147,164, . � a 23.96 percent decrease from FY2020. The operating budget � , � , , ($139,014,939) is a 3.5 percent increase from FY2020, while the capital budget ($59,132,225) represents a 53.2 percent decrease from FY2020. The capital budget funds major improvements to City facilities and infrastructure, and is based on the first year of needs in the five-year Capital Improvements Program (CIP) Plan. The CIP Plan is an annually General Funtl $66,416,660 $2,229,339 revised document that guides the City's investments in public facilities Water Fund $10,280,043 $2,756,073 and infrastructure during a five-year horizon. The capital budget is Sanitary Sewer Fund $10,992,418 $3,820,597 supported through multiple funding sources, including federal and state grants. Stormwater Fund $4,441,361 $10,110,959 Refuse $2,990,205 $269,153 The operating budget includes personnel costs and annual facility Parking $2,747,044 $160,875 operating costs. It is funded primarily through local property and sales taxes; revenue transfers between departments; licenses, such as building ���,, and development fees; franchise fees for a company's use of the City's �n/ 1`�'} rights-of-way; charges for services (like sewer and water); fines; grants; r WE WANT YOUR IDEAS! and other smaller sources of revenue such as interest on investments. Residents are strongly encouraged to get • involved in next year's budget process! � - . � �•... 0 Visit www.cityofdubuque.org/FY2022budget to — learn more about virtual community budget input The general fund is the general operating fund of the City for general sessions and the following tools: service departments. The general fund has an operating budget 1. BalancingAct Budget Simulator- Adjust of $66.4 million and a capital budget of $2.2 million. This fund revenues and expenditures, and provide comments encompasses the bulk of activities that are traditionally considered on how you think the City of Dubuque should basic governmental services such as public safety, culture & recreation, spend its money. health & social services, and general government. 2. Taxpayer Receipt- Illustrate how your estimated City property taxes and local option sales tax are General Fund Reserve Projections allocated to services such as Police, Fire, Parks, and Public Works. The City maintains a general fund reserve, or working balance, to allow for unforeseen expenses that may occur. The goal is to have at least a 3. Public Comments Form- share your ideas 20% reserve. In Fiscal Year 2017, the City had projected reaching this related to projects, amenities, services, programs, consistent and sustainable 20% reserve level in Fiscal Year 2022. In etc., directly with City staff! fact, the City met the 20% reserve requirement in FY2018, four years ahead of schedule, and with all prior year contributions, this is sustainable. i i i i , i �- �.� - - - . . � : $17,119,065 $17,119,065 $17,119,065 $17,119,065 $17,119,065 '• � ' � ' '� ' 24.00% 24.38% 23.67% 23.41% 23.35% WHAT'S INCLUDED IN YOUR MONTHLY UTILITY BILL? � Curbside Collection Water �� Basic Rate = $14.99/month � Avg. Household Rate* _ $30.72/month (4.03% DECREASE from FY2020 or$0.63 per month) (NO increase from FY2020) Curbside refuse collection includes one 35-gallon container *Average household rate based on 6,000 gallons per per week. Weekly curbside recycling is no extra charge. month at$0.00512 pergallon � Stormwater � Sanitary Sewer Avg. Household Rate* _ $8.29/month Avg. Household Rate* _ $42.24/month ���� (NO increase from FY2020) � (NO increase from FY2020) *Monthly rate for majority of Dubuque households based on *Average household rate based on 6,000 gallons per month usage of one single family unit. Stormwater fees are based at$0.00704 pergallon. The City's wastewater collection and on the amount of impervious ground coverage on a property. treatment system operates as a self-supporting enterprise Fees collected are only used for stormwater management fund which means that it is funded only with revenue from activities such as the construction, maintenance and user fees. operation of the public stormwater management system. nv vv L.v vv L ��n�.�� : Among lowa's I1 largest cities: � 5th Lowest: The highest curbside collection rate � 2nd Lowest:The highest water rate (West Des � (Ames) is 75.12% higher than Dubuque's rate, and � Moines) is 20.38% higher than Dubuque's rate, the average is 14.00% higher than Dubuque. and the average is 9.35% higher than Dubuque. .` 2nd Highest:The highest stormwater rate (Des � 4th Highest:The highest sanitary sewer rate � Moines) is 77.08% higher than Dubuque's rate, (Ankeny) is 45.98% higher than Dubuque's rate, ���� and the average is 26.70% lower than Dubuque. � and the average is 3.69% lower than Dubuque. o � o --- - - — — How General Fund . - • �i MA71 ptT 7 C �11Q71t � L Public Safety (fire, police, ambulance services, 9-1-1 dispatch, animal control, building 41.so�o inspections,crime prevention,emergency management,flood control,etc.) Culture & Recreation (AmeriCorps, arts and cultural affairs, civic center, conference center, library, 17.6% marina, parks, recreation,etc.) General Government (city attorney and legal services, city clerk, city council, City Hall and general 13.5% buildings,city manager,finance, information services,etc.) Public Works (airport, maintenance of streets, bridges, and sidewalks; snow removal, g 20�0 street cleaning,street lighting,traffic control,etc.) Community & Economic (economic development, housing and community development, neighborhood 6.3% Development development, planning and zoning,etc.) Transfers Out (to funds other than General Fund) 6.4% Capital Projects (City infrastructure improvements or major equipment purchases) 3.0% Health & Social Services (community health, health regulation and inspection, human rights,etc.) 1,4°/o Debt Service (government capital projects,tax-increment financing[TIF]capital projects) 0,9°/o ' � � � � 1 1 1 I ! � � � • � ► � � .� �� ; I .! :�-,,.;,,.. „ .: . ,��, - � — ,� Total Debt (in millions) #¶�� .� - �� �-r _- .. -�-_.._. Debt is being issued each year,but more is � �`� - _� bein retiretl than issuetl. ,T � g ,��`,,�� '` $300 �r — = - $261 r : �"�" :��' ��, ��;�; . -_ � $zso $236 " ���� � � - Szoo � .. - e --r ��..r ; ,� .�. �,so $135 � ��'��,�1� • „� ��� .{;�� u � _ `� ��' 1�'�� ~ '� $100 � . +FY2021 � . . � m ._ ', $50 �i;� w �r.�. � �d�' ^� �. $0 ���'��� �..—�'N.� __� FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 . ,;� . ,���:: ���'�_�';�-- . _..,. -� ._ .._ — i i - _ ;�- Statutory Debt Limit Used (as of June 30) The City of Dubuque's use of debt can be This chart shows the percentage of statutory debt limit in the Fiscal compared to many average homeowners 10°� Year(FY)2021 atlopted butlget.By FY2030,the City will be at 22%of Who borrow to buy their home. The City has 90' thestatutorytlebtlimit. borrowed money at low interest rates to invest in $o, infrastructure. Unlike the federal government, ,o,, the City does not borrow money to cover so� operating expenses. soi 47% 43% ao i � � � � � 30� 22% . 1 • 1 1 1 20% {FY2021 ��� # Project Description and Amount Outstanding °� I 1 Stormwater Improvements FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 $73,653,120 2 Water& Resource Recovery Center $57,961,000 ,�, Percentage of Legal Debt Limit Utilized 3 Waterlmprovements (FY2019) 32,417,569 9�°i 4 Parking Improvements so^i $25,019,132 ��� sai 63� 5 Downtown TIF Incentives/Improvements soi �/ $20,287,421 6�� 50� 6 Sanitary Sewer Improvements a�i a�i asi 46i 50% 43% $14,811,522 40�� 7 TIF Rebates/Bonds to Businesses 30°� 27� 7,744,839 23% 23% 22% � 2�°i � ■ 8 Industrial Park Expansions io�r $6,250,618 o� 9 Caradco Building lowa Finance Authority Loan `�c1 ,`�eS oi� ��oo `,cey ,R,'`, �as o,oe ec� ,�,`91 �e`' �� `J�5 ,'��, �3,639,903 �`o��. e��.o oa,eoQ �atie ey�.o oJ�F aa�aQ J���o° o`ti oJ F Q' ;a Jc4�� oJ F p � � o Q �. o �. 10 Street Im rovements ° �° J�° �e �,\� Je° c,° JeJ $3,298,918 � PJ�° � � Total $245,084,042 *$145 million was spent on street improvements from 1997-2020 CM026-111220 SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL NetTax MVM Department Description RIN Expense Revenue Impact Y/N RECURRING DECISION PACKAGE COSTS-General Fund 94%City funding of the AmeriCorps Director position for additional funding match for the current two grants.Currently the City covers 6%of the Director's salary and benefits.This 94%request is for the City to fund the AmeriCorps Director position with city funding versus the current grant funding of the Director's salary and benefits.All resources of cash match and in-kind match from the city are maxed out in the two grants(grade level reading and AmeriCorps teen). R $ 96,381 $ 96,381 N This improvement request is for the expansion of capacity within the AmeriCorps Program by increasing the AmeriCorps Coordinator from.28 FTE to 1.0 FTE to support a new Youth AmeriCorps program,focused on community and civic career exploration and skill development,expanding the currently Creating Opportunities AmeriCorps grant.The AmeriCorps programs have reached their capacity to expand based on match and staff hours.The Director has been working together with community partners,such as the MultiCultural Family Center,Four Mounds,the Leisure Services Recreation Department,the Engineering and Arts&Culture Departments,as well as the Human Rights Department and the City's Sustainability Department to explore expansion of the Creating Opportunities AmeriCorps AmeriCorps grant to include a Youth AmeriCorps program. R $ 67,768 $ 67,768 N Full-Time Community Outreach Coordinator to work within the Equitable Fine and Fee Reform program.This position will be located at Bunker Hill.The Community Outreach Coordinator will work closely with the City Attorney's office,the Police Department,Utility Billing and Human Rights departments to work directly with community members who choose community service as a way to pay their fines and fees.This position will work with the participants by providing guidance and resources to successfully complete their community service,while also referring them to resources that can help the from having to go through the program in the future.This position will develop a successful model to help community AmeriCorps members find success. R $ 68,835 $ 68,835 N Part-Time Admistrative position(GE-35 and 0.66 FTE).This position is needed to support the Director of Office of Shared Prosperity,Community Engagement Coordinator,and Data City Manager's Office Analyst. R $ 28,564 $ - $ 28,564 N Data Analyst position in the newly-created Office of Shared Prosperity.The position would work with City staff and partners to track progress,a key to successfully implementing the plan.Under the direction of the Director of OSP,the Data Analyst would work with departments and partners to collect community-level and program-level data,analyze the data,and make recommendations to further the goal of reducing or eliminating poverty, City Manager's Office especially for racial minorities and other identified vulnerable populations. R $ 73,791 $ 73,791 N Part-time Administrative Assistant position in the newly-created Office of Shared Prosperity. To support the Director of OSF,Community Engagement Coordinator,and Data Analyst,a 66 FTE administrative assistant is being requested. The three positions this individual supports will spend a significant amount of time in meetings with internal departments, City Manager's Office community organizations,and individual residents. R $ 28,564 $ 28,564 N Create an O�ce of Shared Prosperity(OSP)led by a Director of Office of Shared Prosperity. A team of City staff are recommending this creation based on the Equitable Poverty Prevention Plan(EPPP).The team concluded that the best use of resources would be to revise the existing Neighborhood Development Specialist(GE-35)position to create a new Director of Shared Prosperity and Neighborhood Support.This improvement changes the City Manager's Office title,however the pay grade remains the same. R $ - $ - Y Expenses related to the preparation of grant applications.EPA Brownfields grants,in themselves,have catalyzed hundreds of millions of dollars in public and private investment in our community.Having funds to cover the expense of writing the grant applications is a small investment.Having well-written grants increases the chances of Dubuque receiving these grants which historically have funded important efforts such as the original purchase of land for the Industrial Center West,the redevelopment of the Historic Millwork District,the Economic Development development of the Port of Dubuque,the transformation of the Bee Branch area,and others. R $ 10,000 $ 10,000 N SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL NetTax MVM Department Description RIN Expense Revenue Impact YIN Increases funds available to be granted to Dubuque-based arts and culture organizations via the Operating Support Grants(OSG)program through the Office of Arts and Cultural Affairs. Established in 2005,OSG funds are available through an annual,competitive application process to 501c3's operating within the city of Dubuque whose primary mission is to provide year-round arts and culture programs;applications are reviewed and scored by a panel independent of staff or the Arts Commission and applicants are eligible to receive up to Economic Development $30,000 or a maximum 6%of their operating budget. R $ 50,000 $ 50,000 N Diversity,Equity&Inclusion best practices training and professional development opportunities to address specific concerns related to the arts and culture sector's work in advancing equity in the community.Use of the funds will be directed by City staff as advised by the Arts Commission and the Diversity,Equity&Inclusion Working Group of the Arts and Culture Master Plan to 1)offer no-cost learning opportunities for arts and culture grantees, and/or 2)provide scholarships for leaders of partner organizations to attend Diversity,Equity Economic Development &Inclusion training in line with the organization's mission and programs. R $ 5,000 $ 5,000 N An additional AmeriCorps and a dedicated laptop for that person's work to foster youth engagement efforts related to the City's arts and culture related programming in support of ongoing implementation of the City's Arts and Culture Master Plan.The balance of the full funding needed to add this AmeriCorps will be included in the City's AmeriCorps upcoming Economic Development grant request to be written and submitted by the AmeriCorps. R $ 8,500 $ 8,500 N Funding to sponsor 66 Dream Center students for an entire year of programming.The Dream Center program provides students with year-round holistic services that include continued School Day Curriculum,Healthy Meals,Skill/Character Development,and more.Academic success is largely built on skills and concepts students learn in grades K-3.High-quality assessments can pinpoint student trouble spots before they become problems with long- lasting impact.The City currently contributes$40,000.Requested$224,000 but was Economic Development recommended$10,000. R $ 10,000 $ 10,000 Y Additional funding to the Fountain of Youth.The funding will be a continuation of the Partners in Change/Community in Change programming.Requested$40,000 but was recommended Economic Development $10,000. R $ 10,000 $ 10,000 Y Funding strategy to help carry the Dubuque Winter Farmers Market through a succession plan from Volunteer-Driven(no paid staff/no stipends)to securing funding to pay Wicked River Event Production(founder of Millwork Night Market). The volunteer market manager Economic Development will be resigning at the end of the 2020-21 season in April. R $ 6,000 $ 6,000 N Increases the total annual amount of the contracted service agreement to$83,300. Dubuque Main Street has been a longtime partner with the City,providing economic development services in the downtown area,as well as organizing cultural events and managing the Economic Development Dubuque Farmer's Market. R $ 3,964 $ 3,964 Y Hire a company to preform Quality Assurance on calls for the Communication Center.This would provide Quality Assurance on all calls received by the Communications Center.The company will log in and review cases from Emergency Police Dispatch,Emergency Fire Dispatch and Emergency Medical Dispatch.The company will then provide scorecards for each case and each dispatcher would be able to review their compliance scores.This will Emergency provide the dispatchers with analysis on things they do well and things they need Communications improvement on. R $ 48,000 $ (16,000) $ 32,000 N Increase the overtime budget by$7,900. Every year,the Communications Center goes over Emergency budget on overtime.This improvement level request would increase it to the average of the Communications last five years of overtime. R $ 7,900 $ (2,633) $ 5,267 Y Part-time(0.73 FTE)Utility Locator(GE-24C)to assist with the locating of buried City utilities (storm sewer,sanitary sewer,water main,fiber optics,electrical,etc.)as part of the lowa One Call service.The part-time Utility Locator would improve the efficiency of the current full-time Engineering Utility Locator position within the Engineering Department. R $ 8,584 $ 8,584 Y SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL NetTax MVM Department Description RIN Expense Revenue Impact YIN Seasonal(0.30 FTE)broadband intern(NA-34D)to assist Traffic Operations Center staff with populating a database of broadband infrastructure.This database catalogs all installed public system broadband components so that private partners can easily understand the technology Engineering available to leverage. R $ 10,390 $ 10,390 N Seasonal Youth AmeriCorps Program position to administer the Engineering DepartmenYs planned classroom and summerjob training program for high school students and classroom and job shadowing program forjunior high students related to working for the City's Engineering Department who would consider the architecture/engineering/construction field Engineering as a career choice. R $ 8,500 $ 8,500 N Seasonal(0.50 FTE)business administration intern position(NA-34C)in the Engineering Department to assist our three full time positions with an every growing workload. The three full time administrative staff are regularly exceeding the City's compensation time maximum and incurring overtime to complete their required job assignments on a timely basis as needed to support on-going capital projects and continued growth in broadband services with Engineering in the city. R $ 17,639 $ 17,639 N Smartphone for the Facilities Manager.The phone is required in order for the manager to more efficiently respond to service requests,communicate with employees,and maintain contact with contractors 24/7 as the primary point of contact for City Hall,City Hall Annex, Engineering Historic Federal Building,and the Multicultural Family Center. R $ 624 $ 624 Y Implementation of priority based budgeting for the operating budget and recurring online priority based budgeting software cost to continue the process.The implementation of priority based budgeting would allow the ability to budget for equity in addition to other City Council goals and priorities.Implementation of priority based budgeting in the operating budget will require a significant investment of staff time and a consultant is required to train staff on Finance priority based budgeting and assist the teams of staff involved in implementing the process. R $ 32,000 $ (16,106) $ 15,894 N Creation of an Office of Innovation,which would be a division of the Finance Department. This request would fund a full-time Chief Innovation Officer(GE-40B)and a full-time Senior Performance and Management Specialist(GE-366).The Office of Innovation would identify improvements in the efficiency and effectiveness of City services and business processes. Finance The primary focus of this group is to improve City operations at less cost. R $ 220,784 $(111,121) $ 109,663 N One firefighter position as outlined in the Fire Station Expansion/Relocation capital improvement project.This position is the third year of a five-year effort to increase the number of positions in anticipation of staffing additional fire and/or ambulance units.The position will increase the number of days where staffing is above minimum and also reduce the use of Fire overtime during the build-up period before a fire station is built. R $ 91,685 $ 91,685 N Employee Health and Wellness Program.The request funds occupational health services that include:health risk analysis,fluid sampling and biometrics,EKG,and physical exams in year one.The second year would include all above services plus a work performance evaluation. In FY2023 and beyond the annual cost would be$39,700 so all services can be repeated each year.This request seeks to reduce acute and chronic illnesses and injury, reducing the occurrence of lost-day injuries and illness.The program also is expected to address mental and emotional health of employees and follows the recommendations of the Occupational Safety and Health Administration(OSHA)and the National Fire Protection Fire Association(NFPA). R $ 32,400 $ (6,608) $ 25,792 N Membership to the"American Ambulance Association"and ACE Data Collection Education Subscription.Due to federally-mandated changes in ambulance cost data collection brought on by the Bipartisan Budget Act of 2018,new rules regarding Medicare ambulance billing and regulations will be taking effect. This project provides membership and access to education and assistance to help meet the new requirements. Membership provides education and templates useful in understanding and completing the required documentation to meet the Fire newregulations. R $ 1,350 $ 1,350 Y SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL NetTax MVM Department Description RIN Expense Revenue Impact YIN Annual subscription to the"Cardiac Arrest Registry to Enhance Survival"(CARES)program. CARES is a secure,web-based data management system in which participating communities enter local data and generate their own reports. This system would allow comparison between EMS system pertormance and de-identified aggregate statistics at the local,state,or national level. The goal is to provide a solid comparison of pertormance in EMS,as a tool to Fire improve our practices in emergency cardiac care. R $ 1,000 $ 1,000 Y A full-time(1 FTE)Public Health Emergency Preparedness Planner(GE-33A).The Preparedness Planner pertorms public health and emergency preparedness planning, response,and recovery as part of the city's health services programs,and overall city emergency preparedness and resiliency.This position would assist in coordinating the City of Dubuque's emergency preparedness planning efforts by assisting the Public Health Specialist in emergency preparedness duties. The Preparedness Planner would also coordinate the development and implementation of emergency preparedness plans and protocols for The City of Dubuque,primarily the Health Health Services Department. R $ 83,522 $ 83,522 N Funding to assist landlords in keeping a desirable unit,in an under-served census tract, vacant for up to a month to wait for a voucher holder to be able to use the unit.This program would require qualifying landlords be in good standing with the City,be in the specific census tracts that are under-served with vouchers,and preference will be given to 3,or more, Housing bedroom units. R $ 125,000 $ 125,000 N Funding to train employees within the City organization how to complete fair housing testing throughout the community.Employees trained will be from various departments to ensure impartial testing scenarios.This allows the City to complete Fair Housing Testing year round Housing and as needed. R $ 30,000 $ 30,000 N Funding for Four Mounds's Building Trades Certificate Program.Currently,the Four Mounds construction and transitional employment pathways offer basic carpentry training,soft skills Housing development,success coaching,and opportunities for personal development. R $ 50,000 $ 50,000 N Funding for Four Mounds's HEART Program.The HEART youth program is in its 37th year of operation.The program runs August through May,concurrent with the Dubuque Community Schools academic year.The job coach is employed year-round and work on restoration projects continues through the summer months.The City previously funded the HEART program with Community Development Block Grant funds,however it has been determined Housing that those funds can no longer be used. R $ 10,000 $ 10,000 Y Funding for a Dubuque County Outreach Director for Hawkeye Area Community Action Program(HACAP).The requested$70,000 would provide salary and benefits for this position.The Dubuque County Outreach Director is responsible for coordination of resources and community engagement for HACAP in both the City and County of Dubuque. This position will be used to work with community partners to understand community needs and gaps within those needs and to facilitate solutions.The request is for additional$20,000 Housing would provide salary and benefits for this position.The City is currently contributing$50,000. R $ 20,000 $ 20,000 Y Funding for temporary,specified term(6 months or 0.50 FTE)Scanning Clerk(GE-25A).The digitization of paper personnel file documents is needed to 1)provide searchable and functional access to authorized staff,and 2)in preparation for a transition to the digital human Human Resources resources information system within the enterprise resource planning system. R $ 21,101 $ (10,620) $ 10,481 Y Full time(1.0 FTE)Development and Training Coordinator(GE-34A).Centralizing the coordination of development and training activities provides the City with a more efficient, Human Resources coordinated,and consistent development process R $ 87,767 $ (44,173) $ 43,594 Y SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL NetTax MVM Department Description RIN Expense Revenue Impact YIN A full-time(1.0 FTE)Benefits Coordinator(GE-34A).Providing employees with the right mix of benefits is critical to attracting and retaining talent and creating engaged employees. A position tasked with creating/updating,managing,marketing,and administering all employee benefits(e.g.health insurance,retirement accounts,paid time off,leaves of absence(paid or unpaid),unemployment claims,workers'compensation,employee discount programs, wellness programs)and a comprehensive,cost-effective benefits program,rather than Human Resources merely transactional tasks is needed. R $ 87,767 $ (44,173) $ 43,594 N Additional funding for a third party consultant to conduct exit interviews.Current annual recurring funding is for only$7,500,which was approved for the fiscal year 2021's budget. Multiple studies have shown that conducting exit interviews after an employee leaves and using a 3rd party changes the given reason for leaving 40-63%of the time.Requested Human Resources $8,692 but was recommended$5,056. R $ 5,056 $ 5,056 Y Emotional Intelligence(EQ)program within the City of Dubuque,for the purposes of starting a culture change(succession planning),providing better customer service,improving employee retention(morale),and providing the skills and tools for employees to address problems and resolve problems efficiently and effectively.The initial certification of this improvement package was approved in the fiscal year 2021 budget for$60,000.In FY22 and in the Human Resources following years this recurring funding will be used to purchase assessment tools. R $ 25,200 $ (12,683) $ 12,517 N Funding for fifty members of the Leadership Team to attend the Dale Carnegie training course over a five-year period with ten members a year.This was approved for fiscal year 2021;however,reoccurring funding will be needed for the remaining four years.This total five- Human Resources year request costs$84,750.00 for the ten members a year at$1,695 per person. R $ 16,950 $ (8,531) $ 8,419 N Multi-event racial equity community education initiative used to conduct a variety of year-long transformational learning opportunities.Funds would be used to pay local facilitators and peer learning council members to design and deliver training sessions. Additional funds would be leveraged through Inclusive Dubuque,local colleges,and other supportive institutions in the community.Events would consist of an opening keynote speaker,followed by monthly events Human Rights involving facilitated conversations around historical events,books,films,etc. R $ 5,000 $ 5,000 N The design,implementation,custom programming,testing and training assistance for Cartegraph software.In FY2020 the city implemented an enterprise wide licensing model for Cartegraph software.With this model not only are 50 additional licenses available but also access to all of the asset"domains"available within the Cartegraph applications such as Parks and Recreation,Storm Sewer,Signal Networks,Water,Walkability,Facilities Information Services Management and Fleet Management are available. R $ 25,000 $ 25,000 N A 160 hour concierge care package for professional subscriptions that supplement the support provided through the Laserfiche LSAP subscription for two years.Laserfiche is used by the City for electronic file storage and electronic work flows.The City began using Laserfiche in Fiscal Year 2000 and there has not been a system review since initial implementation.The results of an internal survey of departments indicated that additional Information Services training is needed and most departments are not fully utilizing Laserfiche. R $ 24,000 $ 24,000 N The support and maintenance for the City's core stack of switches located at City Hall,City Hall Annex and Dubuque Law Enforcement Center.As the City relies more heavily network access either to on-premise or cloud resources,there is a need to maintain and provide Information Services priority services on the switches that make up a redundant,highly available switch stack. R $ 5,500 $ 5,500 N Arts&Culture Supervisor(GE-28A)position for the MFC.Over the past year Leisure Services Staff and Economic Development worked together to review and assess how the City can partner to assist in the implementation of the Arts and Culture Master Plan and Community Enactment Strategy.This position would coordinate with the Arts&Cultural Affairs Coordinator in the Economic Development Department.To compliment these efforts a second Arts and Culture position is proposed for Leisure Services at the MFC and would focus on the programming,events,and partnership development to expand arts and culture MFC opportunities to the youth in our community. R $ 68,206 $ 68,206 N SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL NetTax MVM Department Description RIN Expense Revenue Impact YIN Full-time Teen Coordinator(GE-28A). The teen programs have been growing and which provides the best possible,high quality equitable programs and services. A crucial part to the increased success of these teen programs is the staff that coordinate them. A consistent staff presence with teens increases involvement and numbers that grows the teen programming. The goal is to reduce turnover in the seasonal positions on an annual basis so that the teens can develop a relationship with MFC staff which in turn will increase retention within the programs and strengthen engagement efforts.The($15,000)comes from private MFC participant revenue which will occur for three years. R $ 52,446 $ (15,000) $ 37,446 Y Project and Facilities Manager(GE-40).Responsibilities for programs,AmeriCorps,facilities, and partnerships have increased for the Leisure Services Manager. The diverse workings of the department and increased responsibilities lead to the need for a Project and Facilities Manager for the Leisure Services Department.This position would manage capital improvement projects for Five Flags,Grand River Center,and larger park projects. The position would also work with budgeting,special project research,project coordination, Parks management of department leases and agreements and Web QA's. R $ 128,518 $ 128,518 N Contractor to maintain numerous natural and native landscapes throughout the City.In recent years,native plants have been planted in the Bee Branch Creek Greenway,Valentine Park, Four Mounds Park,Eagle Point Park,Creek Wood Park,32nd Street Detention Basin,and Parks along the Catfish Creek.These areas all require a level of maintenance. R $ 30,000 $ 30,000 N Contractor to deliver and pickup collection containers for green waste materials including prunings,wood chips and miscellaneous tree branches and leaves. The Park Division does not have an efficient way to haul green waste to the landfill for composting.Currently most green waste is taken to an area at Eagle Point Park for disposal.Other City Departments also occasionally take their small piles of green waste to Eagle Point Park.This improvement level package will provide for a 20-yard dumpster to be delivered to a centrally located drop-off site Parks for Park Division staff to haul their green waste to. R $ 10,000 $ 10,000 N 4 forced air gas heaters in the buildings that adjoin the Park Division greenhouse. An improvement level package was approved in FY19 to install heaters in the greenhouse. An additional improvement level package was approved in FY21 to complete the conversion of boiler heat in the greenhouse to natural gas.This request would allow for 4 heaters to be installed in the buildings connected to the greenhouse to complete the conversion from boiler Parks heat to natural gas on the west side of the park maintenance headquarters complex. R $ (2,000) $ (2,000) N Fuel Expense for mobile air compressor used to blow out all the Park Division water lines and irrigation systems including the irrigation system in the Bee Branch Creek Greenway and the Veterans Memorial site.The compressor would be also used to blow out the water lines at the Port of Dubuque Marina.The compressor would allow for more timely usage to ensure that nothing freezes before temperatures get too cold. This air compressor would also be used Parks for other park maintenance projects including sidewalk replacements. R $ 500 $ 500 Y Removal of vegetation and invasive plants along the Highway 20 corridor from Locust Street to Grandview Ave. The edges of the woodland areas have begun to"creep"into the Parks maintained areas of landscaping along the corridor. R $ 50,000 $ 50,000 N Adjustment to the funding for the Bee Branch Communications Specialist position in the Public Information Office to change from being funded 75%by stormwater funds(80072620) and 25%general funds(10072300)to 25%stormwater and 75%general fund.This change would allow this communications specialist to provide an additional 20 hours of communications support to non-stormwater projects and other city departments while still PIO allowing adequate time for Bee Branch and other stormwater-related communications efforts. R $ 46,612 $ 46,612 N ESRI's Enterprise Advantage Program(EEAP)license purchase.The EEAP has three components:Technical Advisory Hours,Learning and Service Credits,and baseline EEAP functions of a yearly planning session,technical work plan,and quarterly technology PIO webcasts. R $ 52,000 $ (21,840) $ 30,160 N Managing and updating the Imagine Dubuque website so the comprehensive plan can continue to be implemented. The Imagine Dubuque website is a Wordpress website that was developed between the City of Dubuque Planning Services Department(PSD)and Teska Associates. Currently,Teska Associates hosts,manages and updates the website at the direction of Planning Staff. A multi-year contract with Teska Associates has concluded. Planning Planning Staff will now need to take on the role of updating the website. R $ 5,000 $ (2,100) $ 2,900 N SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL NetTax MVM Department Description RIN Expense Revenue Impact YIN Purchase of a tablet with a data plan to be used by the Associate Planner(AP). The tablet will allow the AP to have access to necessary information while attending meetings. It will also reduce copying of ineeting materials;thus,a more sustainable result and greater Planning efficiency. R $ 360 $ (151) $ 209 Y 4%increase in Development Services fees to reflect actual processing costs based on FY2021 wages and benefits.Planning Services staff reviewed the fees charged for applications processed for the Zoning Advisory Commission,Zoning Board of Adjustment, and Historic Preservation Commission,and reviewed by Planning Services staff. The 4°/ increase is based on an average 2°/annual increase over 2 years,since fees were last raised in FY2019.With the 4%fee increase,annual revenue is estimated to increase by Planning $1,896. R $ (1,895) $ (1,895) Y Community Diversion&Prevention Coordinator position within the City of Dubuque organization.This position will have the primary focus areas of 1)Working with the Dubuque Police Department(DPD),Dubuque County Sheriffs Department(DCSO)and other community partners,to develop strategies and programs to reduce the number of people entering the jail system;2)Working with the DPD and other community partners to develop and implement a program to identify individuals and families in need of assistance and services to avoid contact with police or other emergency services and act as a clearing house to connect individuals and families to these necessary services;3)Working with the DPD, DCSO,lowa Department of Corrections,Dubuque County Attorney's Office and City of Dubuque Attorney's Office,as well as judges and magistrates,and others heavily involved in the criminal justice system and other community partners,to identify and develop a sustainable approach to adult diversion,community service,and restorative practices in order Police for individuals to avoid the negative impacts ofjail sentences or fines. R $ 88,060 $ 88,060 Y Part-time secretary(0.33 FTE)to assist with front office data entry and phone calls.There has been a dramatic increase in customer service phone calls resulting in data entry and the call volume is not anticipated to decline.This position would help with coverage issues during Public Works lunch,vacation,and sick leave. R $ 14,904 $ 14,904 N Four Tablets and associated data plans.The tablets would be used by the Public Works Street Maintenance Forepersons to access mobile GIS used to locate underground utilities while working in the field. Access to mobile GIS by field staff would make the employee more efficient in the field when following up on resident requests that are related to underground Public Works utilities.Two tablets have been recommended. N $ 240 $ 240 Y run time veospatiai uata Hnaiyst posiuon.in oraer to Keep up with the neeas ot a growing municipality,infrastructure maintenance,fleet maintenance,annexation,and the ever-looming natural disasters,the Data Analyst would focus on analysis and problem solving as it relates to data,types of data,and relationships among data elements within a business system or Public Works information technology(IT)system. R $ 87,167 $ 87,167 N Assistant Public Works Director to participate in Cartegraph software conference to enhance the skill set in information technology.This professional development would assist in streamlining processes and data capture capabilities to mitigate duplication in workflows and minimize human error.The Cartegraph conference offers a variety of courses in workflow management and software engineer specific to the needs of Public Works to increase service Public Works level. R $ 3,100 $ 3,100 N Full time Landfill Equipment Operator(GD-08A)shared between the Landfill and the Public Works Department(1.0 FTE)and eliminates seasonal laborers(1.68 FTE total)in the Port of Dubuque Maintenance(0.57 FTE),Street Cleaning(0.36 FTE), and Landfill(0.75FTE) Public Works activities.The net impact to full-time equivalents would be a reduction of 0.68 FTE. R $ 3,161 $ 3,161 N Full-time Sanitation Driver(1.0 FTE)to be shared between yard waste and snow and ice control and eliminates seasonal laborers(1.34 FTE total)in the Street Signs and Markings (0.67 FTE),Refuse Collection(0.09 FTE),Yard Waste Collection(0.50 FTE),and Recycling Collection(0.08FTE)activities. The net impact to full-time equivalents would be a reduction Public Works of 0.34 FTE. R $ 11,121 $ 11,121 N One Bright Signs module and 6 televisions or monitors to display information.In Public Works,there are over 90 full-time equivalents and over four separate designated areas of work to disperse high priority information on a daily basis.20%of adults experience information overload according to Pew Research Center.Bright Signs offer an easy solution Public Works to disperse filtered information to a mass group. R $ 1,500 $ 1,500 N SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL NetTax MVM Department Description RIN Expense Revenue Impact YIN Additional traffic control signs to meet the requirement of the Federal Manual of Uniform Traffic Control Devices(MUTCD).The MUTCD requires different sized advanced warning signs based on speed limits in the work zone. The purchase of these required signs would lessen the need to rely on a private traffic control company to set up these work zones. Purchase of these signs would provide the Public Work staff with the legal sized signs to set Public Works up traffic control in higher speed work zones throughout the City. R $ 3,000 $ 3,000 N Safety training simulator for all snow and ice control employees and solid waste employees prior to winter operations.A simulator would allow controlled outcomes during training to Public Works prepare for white-out and severe icing events. R $ 30,600 $ 30,600 N Funding of department leadership to visit other leading cities throughout the country who are activity advancing equity in their park&recreation departments.Through National Conferences like GARE(Government Alliance on Race and Equity)and NRPA(National Recreation and Park Association)staff have met and/or heard from other organizations throughout the country providing impactful and innovative practices to solve complex equity Recreation issues. R $ 3,000 $ 3,000 N The permanent re-allocation of.67 FTE's of the Facilities Supervisor frozen position from the Port of Dubuque Marina budget to Administration and the addition of both a seasonal Manager(.4 FTE's)and Assistant Manager(.3 FTE's)position for the marina.Replacing the Facilities Supervisor position in the marina budgets with the seasonal positions,reduces the budgeted operational costs for the marina by$26,819.This reduction in costs still provides the supports needed to operate the marina efficiently/effectively and positively impacts the Recreation reduction of the annual budgeted subsidy. R $ 30,378 $ 30,378 N Summer programs merger with the City of Asbury.The City of Asbury annually offers a handful of summer youth recreation programs located within Asbury Park.Over the winter of 2020,their Recreation Director left the City of Asbury for another job opportunity. As part of the City's evaluation of the recreation programming,they felt it could be in their best interest to ask the City of Dubuque to absorb the programming,which would not include community Recreation driven events nor golf programming. R $ 6,974 $ (15,500) $ (8,526) Y Permanent deployment,ongoing replacement,and data services for 4 smartphones.During the pandemic,3 Recreation Supervisors and 1 Golf Professional were provided with City issued cell phones as part of their home office operations. These cell phones have been linked to each of their office desk ShoreTel phones providing a seamless connection for Recreation responding to both citizens and City staff. R $ 480 $ 480 Y Increase in operating revenue for the Bunker Hill Golf Course through increases in the following fees:$10 increase on all annual passes.The sum of these fee increases would equate to$1,360 in additional revenue based on the FY22 usage estimates.In addition,this request also includes a$50 increase to the College pass.Unlike other local courses whose similar pass is Monday through Friday,our pass is good for all 7 days per week.This would Recreation generate$150 based on FY22 usage estimates. R $ (1,510) $ (1,510) Y Overtime in the transit administration division.This overtime would be utilized by employees called in after hours for events such as:accident investigation,emergency driving situations, Transit or alarms at parking ramps. R $ 2,500 $ 2,500 Y TOTAL GENERAL FUND RECURRING PACKAGES $2,297,913 $(330,644) $1,967,269 SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL Net Tax MVM Department Description R/N Expense Revenue Impact Y/N NON-RECURRING DECISION PACKAGE COSTS Airport Stand-up desks for Airport Director and Accountant N $ 2,500 $ 2,500 Y This improvement request is for the expansion of capacity within the AmeriCorps Program by increasing the AmeriCorps Coordinator from.28 FTE to 1.0 FTE to support a new Youth AmeriCorps program,focused on community and civic career exploration and skill development,expanding the currently Creating Opportunities AmeriCorps grant.The AmeriCorps programs have reached their capacity to expand based on match and staff hours.The Director has been working together with community partners,such as the MultiCultural Family Center,Four Mounds,the Leisure Services Recreation Department,the Engineering and Arts&Culture Departments,as well as the Human Rights Department and the City's Sustainability Department to explore expansion of the Creating Opportunities AmeriCorps grant to include a Youth AmeriCorps AmeriCorps program. N $ 1,420 $ 1,420 N Full-Time Community Outreach Coordinator to work within the Equitable Fine and Fee Reform program.This position will be located at Bunker Hill.The Community Outreach Coordinator will work closely with the City Attorney's office,the Police Department,Utility Billing and Human Rights departments to work directly with community members who choose community service as a way to pay their fines and fees.This position will work with the participants by providing guidance and resources to successfully complete their community service,while also referring them to resources that can help the from having to go through the program in the future.This position will develop a successful model to help community members AmeriCorps find success. N $ 4,220 $ 4,220 N Three(3)AED units will be purchased for the theater and two other locations. Currently there is only one unit in the entire Five Flags Center.Seven(7)ADA size and weight compliant wheelchairs plus three(3)motorized scooters will aid guests that have mobility issues traverse the distances in the Center to get to Civic Center their events. N $ 15,000 $ 15,000 Y The third and final phase of security cameras.This phase will place nine(9) cameras inside the historic Five Flags Theater,at the Majestic and Bijou Rooms as well as the hallway entrances to dressing areas in the arena and theater. These cameras are for internal controls,as well as monitoring common public Civic Center areas,entrances and exits to the building. N $ 13,500 $ 13,500 N Platform to order concessions prior to stepping up to the concession stand.Three (3)ADA compliant monitors that accommodate several languages common to the Tri-States area would be placed at the arena and theater concessions areas.An app would provide a touchless option for ordering and payment.This allows social distancing as well as follows the trend in numerous restaurants and Civic Center venues.Data can be tracked on use as well as languages used. N $ 18,000 $ 18,000 N Interpretive venue information and three(3)way finding kiosks that would be installed to assist guests that are English and non-English speaking.The kiosk can assist in finding seats,restrooms,and additional locations throughout the facility.These limit contact with ushers and allows social distancing,and limited interaction with staff while also allowing the guest to choose the language of their choice to gain the information and directions they seek.The kiosk can produce Civic Center data based on usage and languages. N $ 24,000 $ 24,000 N SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL Net Tax MVM Department Description R/N Expense Revenue Impact Y/N Installation of a back flow preventer for the ice chiller.A recent inspection by the Civic Center Water Department noted the need to install this equipment. N $ 5,900 $ 5,900 Y Outreach,education,and empowerment activities related to the Climate Action Plan.The request is to fund capacity building in frontline communities while addressing our greenhouse gas emissions reduction goal.This funding will allow building engaging,dynamic,cross-cultural collaborations,and initiatives to address environmental,economic,and equity issues outlined in the CAP through creative engagement,education strategies and climate action.It will build trust and partnerships around climate action while engaging businesses,nonprofits, schools,faith communities,and community members as partners to begin City Manager's Office implementation of the climate action plan at the community level. N $ 25,000 $ (12,583) $ 12,417 Y Pay Public Works LLC to advise,assist and facilitate the City Planning Department towards the implementation of the Dubuque Community Poverty Reduction and Prevention Plan. The assistance is needed to move the Equitable Poverty Prevention Plan(EPPP)from paper to implementation,and to assist as the City of Dubuque develops one of a handful of Offices of Shared Prosperity City Manager's Office across the country. N $ 32,900 $ (16,559) $ 16,341 Y Equipment for the Data Analyst position in the newly-created Office of Shared Prosperity.The position would work with City staff and partners to track progress, a key to successfully implementing the plan.Under the direction of the Director of OSP,the Data Analyst would work with departments and partners to collect community-level and program-level data,analyze the data,and make recommendations to further the goal of reducing or eliminating poverty,especially City Manager's Office for racial minorities and other identified vulnerable populations. N $ 4,220 $ (39,263) $(35,043) N Equipment for the Part-time Administrative Assistant position in the newly-created Office of Shared Prosperity. To support the Director of OSF,Community Engagement Coordinator,and Data Analyst,a.66 FTE administrative assistant is being requested. The three positions this individual supports will spend a significant amount of time in meetings with internal departments,community City Manager's Office organizations,and individual residents. N $ 2,950 $ (15,861) $(12,911) N An additional AmeriCorps and a dedicated laptop for that person's work to foster youth engagement efforts related to the City's arts and culture related programming in support of ongoing implementation of the City's Arts and Culture Master Plan.The balance of the full funding needed to add this AmeriCorps will be included in the City's AmeriCorps upcoming grant request to be written and Economic Development submitted by the AmeriCorps. N $ 2,800 $ 2,800 N Hiring a consultant to facilitate goal setting and strategic planning by the Commission.This is identified as a non-recurring IP but would likely be repeated every other or every 3 years based on changes to the Commission roster and Economic Development progress being made with the Arts&Culture Master Plan. N $ 1,600 $ 1,600 Y Part-time(0.73 FTE)Utility Locator(GE-24C)to assist with the locating of buried City utilities(storm sewer,sanitary sewer,water main,fiber optics,electrical,etc.) as part of the lowa One Call service.The part-time Utility Locator would improve the efficiency of the current full-time Utility Locator position within the Engineering Engineering Department. N $ 1,050 $ 1,050 Y 4-wheel drive SUV or pickup for Traffic Operations staff.The traffic operations staff position needs the ability to go onto unimproved construction sites,jump curbs,work in snow,etc.in performance of their work.Additionally,a small car is not conducive to carrying traffic paint and aerosol cans,lathe,flags,step ladders, Engineering and other electronic equipment. N $ 7,500 $ 7,500 Y SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL Net Tax MVM Department Description R/N Expense Revenue Impact Y/N Seasonal(0.50 FTE)Equity Job Training Content Development Intern(NA-46F) to develop classroom and summer job training materials for high school students and classroom and job shadowing materials for junior high students related to working for the City's Engineering Department who would consider the Engineering architecture/engineering/construction field as a career choice. N $ 13,141 $ 13,141 N Seasonal Youth AmeriCorps Program position to administer the Engineering DepartmenYs planned classroom and summer job training program for high school students and classroom and job shadowing program for junior high students related to working for the City's Engineering Department who would Engineering consider the architecture/engineering/construction field as a career choice. N $ 2,400 $ 2,400 N Smartphone for the Facilities Manager.The phone is required in order for the manager to more efficiently respond to service requests,communicate with employees,and maintain contact with contractors 24/7 as the primary point of contact for City Hall,City Hall Annex,Historic Federal Building,and the Engineering Multicultural Family Center. N $ 380 $ 380 Y Replacement of the recycled desktop computer that was installed in the Utility Billing Consult Room.The replacement cycle of a desktop is every 4 years and monitors are replaced every 8 years.This request replaces both the desktop and Finance the monitors. N $ 2,275 $ 2,275 Y The one-time cost of implementation of priority based budgeting for the operating budget and recurring online priority based budgeting software cost to continue the process.The implementation of priority based budgeting would allow the ability to budget for equity in addition to other City Council goals and priorities. Implementation of priority based budgeting in the operating budget will require a significant investment of staff time and a consultant is required to train staff on priority based budgeting and assist the teams of staff involved in implementing Finance the process. N $ 50,000 $ (25,165) $ 24,835 N Creation of an Office of Innovation,which would be a division of the Finance Department.This request would fund a full-time Chief Innovation Officer(GE- 40B)and a full-time Senior Performance and Management Specialist(GE-36B). The Office of Innovation would identify improvements in the efficiency and effectiveness of City services and business processes.The primary focus of this Finance group is to improve City operations at less cost. N $ 39,075 $ (19,666) $ 19,409 N Membership to the"American Ambulance Association"and ACE Data Collection Education Subscription.Due to federally-mandated changes in ambulance cost data collection brought on by the Bipartisan Budget Act of 2018,new rules regarding Medicare ambulance billing and regulations will be taking effect. This project provides membership and access to education and assistance to help meet the new requirements. Membership provides education and templates useful in understanding and completing the required documentation to meet the Fire new regulations. N $ 540 $ 540 Y Installation of a mezzanine above a portion of the apparatus parking area inside Fire Headquarters. Due to the need to maintain various supplies and spare equipment,storage space is currently insufficient at Fire Headquarters. Fire Headquarters is land-locked,and using a mezzanine would be a cost-effective way to add storage space.The request would create an expanded metal mezzanine over a portion of the apparatus floor allowing for storage of small items such as hazardous materials supplies,chemical suits,firefighting foam Fire concentrate,and spare firefighting tools. N $ 28,000 $ 28,000 N SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL Net Tax MVM Department Description R/N Expense Revenue Impact Y/N Eighteen(18)security cameras to be placed inside the Grand River Center (GRC).Currently the GRC has cameras on the loading dock and an internal system for the employee service back of house.The internal system was installed in 2003 with only minor updates since that time.No security monitoring system is in place for all the public areas,as well as entrances and exits of the GRC building. N $ 31,730 $ 31,730 N A full-time(1 FTE)Public Health Emergency Preparedness Planner(GE-33A). The Preparedness Planner performs public health and emergency preparedness planning,response,and recovery as part of the city's health services programs, and overall city emergency preparedness and resiliency.This position would assist in coordinating the City of Dubuque's emergency preparedness planning efforts by assisting the Public Health Specialist in emergency preparedness duties. The Preparedness Planner would also coordinate the development and implementation of emergency preparedness plans and protocols for The City of Health Dubuque,primarily the Health Services Department. N $ 4,050 $ 4,050 N Health Stand-up desk for the Confidential Account Clerk. N $ 750 $ 750 Y A blow dart/blowpipe kit which animal control could use in tight spaces where a tranquilizer gun is not appropriate.When animal control encounters these aggressive animals inside a home,it is often safer for the animal and the animal Health control officer if the animal is lightly tranquilized before handling. N $ 600 $ 600 Y A temporary,specified term(6 months or 0.50 FTE)Scanning Clerk(GE-25A). The digitization of paper personnel file documents is needed to 1)provide searchable and functional access to authorized staff,and 2)in preparation for a transition to the digital human resources information system within the enterprise resource planning system.The selected enterprise resource planning system is slated for Fall 2022.Because essentially no Human Resources documents prior to October 2019 have been maintained in other than on paper or in a paper file/folder system,all would need to be scanned to progress to a digitized storage Human Resources system. N $ 2,410 $ (1,213) $ 1,197 Y Full time(1.0 FTE)Development and Training Coordinator(GE-34A). Centralizing the coordination of development and training activities provides the Human Resources City with a more efficient,coordinated,and consistent development process N $ 3,680 $ (1,852) $ 1,828 Y A full-time(1.0 FTE)Benefits Coordinator(GE-34A).Providing employees with the right mix of benefits is critical to attracting and retaining talent and creating engaged employees. A position tasked with creating/updating,managing, marketing,and administering all employee benefits(e.g.health insurance, retirement accounts,paid time off,leaves of absence(paid or unpaid), unemployment claims,workers'compensation,employee discount programs, wellness programs)and a comprehensive,cost-effective benefits program,rather Human Resouces than merely transactional tasks is needed. N $ 3,680 $ (1,852) $ 1,828 N Consultant to conduct an assessment of the equity impacts of the City of Dubuque's fines and fees.The purpose would be to identify ways to address the manner in which the cumulative effects of fines and fees can hinder economic stability for the most vulnerable populations in our community,including people of color,immigrants,and refugees. Elements of the assessment would include: 1) conducting a community survey and focus groups,2)collecting and analyzing the data,including the fiscal and budgeting impact of both the current structure and Human Rights proposed reforms;and 3)developing a communication strategy and messaging. N $ 56,500 $ 56,500 N SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL Net Tax MVM Department Description R/N Expense Revenue Impact Y/N Consultant to develop and populate equity indicators and supporting indicators in Socrata,the performance management software.Development of the indicators would include researching best practices,identifying data sources,and developing community-wide indicators and contributing indicators for the following equity areas:Economic Wellbeing,Transportation,Housing,Health,Education, Human Rights Criminal Justice,and Arts and Culture. N $ 50,000 $ 50,000 N Train-the-trainer program to develop a culturally appropriate leadership development project to engage communities of color and other underrepresented communities to actively participate in civic life.Funds would be used to cover the Human Rights costs of bringing two trainers to Dubuque for a two-day training program. N $ 3,510 $ 3,510 Y Multi-event racial equity community education initiative used to conduct a variety of year-long transformational learning opportunities.Funds would be used to pay local facilitators and peer learning council members to design and deliver training sessions. Additional funds would be leveraged through Inclusive Dubuque,local colleges,and other supportive institutions in the community.Events would consist of an opening keynote speaker,followed by monthly events involving facilitated conversations around historical events,books,films,etc.Requested$25,000 but Human Rights was only recommended$5,000 in the recurring. N $ 25,000 $ 25,000 N A consultant to assess the Human Rights roles in our organization and the commission.The 2019 Analysis of Impediments to Fair Housing recommended a goal of advancing equity through fair housing advocacy,education,and enforcement.The consultant found that one of the barriers to meeting this goal was Human Rights Commission effectiveness,based on the low numbers of fair housing complaints and the high indication of community member concern.The consultant recommended that the City make it a high priority to assess the Human Rights Commission and support capacity building efforts,including Human Rights publication of a strategic plan. N $ 24,050 $ 24,050 N Installation of a Firewall between the Airport and the City Core Network.Currently access between the sites is controlled via rules in the City's main firewall along with an older firewall.The Airport has public access along with vendor access on their network.Best practice would place a new firewall between these two Information Services segments of the City's network. N $ 7,500 $ 7,500 Y 80 hours of consultant services to evaluate and make recommendations on the design,configuration,synchronization status,and Domain Naming Service(DNS) configuration of the City's Active Directory(AD)environment.This evaluation will be helpful to not only identify and remedy any issues with the user and device Information Services environment but also fully document the current operational schema. N $ 14,400 $ 14,400 Y Equipment for Full-time Teen Coordinator(GE-28A). The teen programs have been growing and which provides the best possible,high quality equitable programs and services. A crucial part to the increased success of these teen programs is the staff that coordinate them. A consistent staff presence with teens increases involvement and numbers that grows the teen programming. The goal is to reduce turnover in the seasonal positions on an annual basis so that the teens can develop a relationship with MFC staff which in turn will MFC increase retention within the programs and strengthen engagement efforts. N $ 1,420 $ 1,420 Y Addition of 4 Computers to Public Computer Lab.The MFC renovations increased the number of computer work station areas in the public computer lab. The increases in programming and access prior to renovation increased the need MFC for more computers for public access. N $ 6,000 $ 6,000 Y SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL Net Tax MVM Department Description R/N Expense Revenue Impact Y/N Arts&Culture Supervisor(GE-28A)position for the MFC.Over the past year Leisure Services Staff and Economic Development worked together to review and assess how the City can partner to assist in the implementation of the Arts and Culture Master Plan and Community Enactment Strategy.This position would coordinate with the Arts&Cultural Affairs Coordinator in the Economic Development Department.To compliment these efforts a second Arts and Culture position is proposed for Leisure Services at the MFC and would focus on the programming,events,and partnership development to expand arts and MFC culture opportunities to the youth in our community. N $ 1,270 $ 1,270 N Creation and installation of additional pollinator areas throughout the park system.Currently there are pollinator beds at AY McDonald Park,Pyatigorsk Park,and Eagle Point Park. Additional areas have been planted with native plant species which also create pollinator habitat. It is estimated to cost$6,000 an acre to convert an acre of turf to native and pollinator habitat.Each acre could be prioritized for a specific park.This funding could provide for pollinator areas at Parks Murphy Park,Flora Park,and other park locations. N $ 42,000 $ 42,000 N Project and Facilities Manager(GE-40).Responsibilities for programs, AmeriCorps,facilities,and partnerships have increased for the Leisure Services Manager. The diverse workings of the department and increased responsibilities lead to the need for a Project and Facilities Manager for the Leisure Services Department.This position would manage capital improvement projects for Five Flags,Grand River Center,and larger park projects. The position would also work with budgeting,special project research,project coordination,management Parks of department leases and agreements and Web QA's. N $ 10,648 $ 10,648 N Consultant to perform a study/analysis/assessment of Miller Riverview Campground. This study/analysis/assessment would encompass but not be limited to evaluation of usage,water levels and closures,financial review,trends in camping,engagement of campground patrons,review of Chaplain Schmitt Island plans,space use,revenue opportunities/enhancements,amenity review, economic impact,data analysis,evaluation of current infrastructure,racial equity considerations related to camping,research with all national and state regulatory Parks agencies. N $ 50,000 $ 50,000 N Mobile air compressor used to blow out all the Park Division water lines and irrigation systems including the irrigation system in the Bee Branch Creek Greenway and the Veterans Memorial site.The compressor would be also used to blow out the water lines at the Port of Dubuque Marina.The compressor would allow for more timely usage to ensure that nothing freezes before temperatures get too cold. This air compressor would also be used for other park maintenance Parks projects including sidewalk replacements. N $ 20,000 $ 20,000 Y 4 forced air gas heaters in the buildings that adjoin the Park Division greenhouse. An improvement level package was approved in FY19 to install heaters in the greenhouse. An additional improvement level package was approved in FY21 to complete the conversion of boiler heat in the greenhouse to natural gas.This request would allow for 4 heaters to be installed in the buildings connected to the greenhouse to complete the conversion from boiler heat to natural gas on the Parks west side of the park maintenance headquarters complex. N $ 20,000 $ 20,000 N Upgrading the Zoning Enforcement Officer's vehicle from a compact car to a sport utility vehicle(SUV).Poor traction,low clearance and lack of all-wheel drive hinders ability to perform daily field inspection duties for code enforcement staff. The City's Equipment Maintenance Supervisor performed an inspection of the 2009 Ford Focus SE and approved replacement and recommends upgrade to an Planning SUV. N $ 11,690 $ (4,910) $ 6,780 Y SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL Net Tax MVM Department Description R/N Expense Revenue Impact Y/N Purchase of a tablet with a data plan to be used by the Associate Planner(AP). The tablet will allow the AP to have access to necessary information while attending meetings. It will also reduce copying of ineeting materials;thus,a more Planning sustainable result and greater efficiency. N $ 920 $ (386) $ 534 Y Full time Geospatial Data Analyst position.In order to keep up with the needs of a growing municipality,infrastructure maintenance,fleet maintenance, annexation,and the ever-looming natural disasters,the Data Analyst would focus on analysis and problem solving as it relates to data,types of data,and relationships among data elements within a business system or information Public Works technology(IT)system. N $ 8,125 $ 8,125 N Soundproofing tiles to apply to the walls in the open call center area of Public Works and to purchase three large hanging acoustic dividing panels.Currently, phone calls can be heard throughout the building.There is no privacy given to residents who call in with concerns or request accommodations.If there are vendors,prospective employees,or residents in the waiting area,they are able to Public Works overhear all telephone conversations. N $ 3,185 $ 3,185 Y Part-time secretary(0.33 FTE)to assist with front office data entry and phone calls.There has been a dramatic increase in customer service phone calls resulting in data entry and the call volume is not anticipated to decline.This Public Works position would help with coverage issues during lunch,vacation,and sick leave. N $ 4,500 $ 4,500 N One Bright Signs module and 6 televisions or monitors to display information.In Public Works,there are over 90 full-time equivalents and over four separate designated areas of work to disperse high priority information on a daily basis. 20%of adults experience information overload according to Pew Research Center.Bright Signs offer an easy solution to disperse filtered information to a Public Works mass group. N $ 3,000 $ 3,000 N Impact trailer to be used on high speed streets including the Central Ave and the Northwest Arterial.These safety devices are used to help reduce the damage to structures,vehicles,motorists,and maintenance staff when working in high speed work zones.The trailer is designed to redirect motorists away from work zones and the impact attenuators lessen the severity of accident which provides Public Works another level of safety to maintenance staff. N $ 30,242 $ 30,242 N Four tablets and associated data plan.The tablets would be used by the Public Works Street Maintenance Forepersons to access mobile GIS used to locate underground utilities while working in the field. Access to mobile GIS by field staff would make the employee more efficient in the field when following up on resident requests that are related to underground utilities.Two tablets have been Public Works recommended. N $ 1,820 $ 1,820 Y Grapple bucket purchase to allow Public Works to respond more efficiently to an event which causes widespread yard debris generation(storm damage).This Public Works bucket will also enable staff to assist Housing in citation removals. N $ 22,000 $ 22,000 N One trailer mounted,variable message board.This unit would be used to provide the driving public additional information related to detours at work zone sites on Public Works high volume roadways.Estimated life of the message board is 15 years. N $ 17,000 $ 17,000 N SUMMARY OF ALL DECISION PACKAGES WITH PROPERTY TAX IMPACT FISCAL YEAR 2022 ADDL ADDL Net Tax MVM Department Description R/N Expense Revenue Impact Y/N A vehicle to be used by recreation and Multicultural Family Center(MFC)staff to transport the Rec&Roll trailer as well as materials and supplies to programs and services.When the Rec&Roll trailer program began in 2017 it was in the community for 19 events and programs.During the 2019 season it became part of over 55 community events and programs and has proven to be a positive benefit for community and partner engagement.Due to the trailers demand,this has added over 200 hours to their everyday responsibilities.Having a Recreation Division vehicle able to haul the trailer,would divert those hours away from Park Recreation staff and allow for Recreation staff to provide that service. N $ 36,700 $ 36,700 Y Permanent deployment,ongoing replacement,and data services for 4 smartphones.During the pandemic,3 Recreation Supervisors and 1 Golf Professional were provided with City issued cell phones as part of their home office operations. These cell phones have been linked to each of their office desk ShoreTel phones providing a seamless connection for responding to both Recreation citizens and City staff. N $ 1,400 $ 1,400 Y This improvement request is for the upgrade of the departmenfs 2012 MV1 with an electric ADA accessible van.The City has recieved an FTA grant to add electric vehicles into iYs fleet.The grant would pay for approximtely 80%of the Transit initial purchase of the van. N $ 27,970 $ (46,750) $(18,780) Y TOTAL GENERAL FUND NON-RECURRING PACKAGES $846,121 $(186,060) $660,061 SUMMARY OF ALL DECISION(IMPROVEMENT)PACKAGES FOR NON-PROPERTY TAX FUNDS Fiscal Year 2o2z Department Description R/N ADDL ADDL Net Tax MVM Expense Revenue Impact Yes/No MEDIA SERVICES FUND Additional printing funds needed to upgrade the City News utility bill insert newsletter from a grayscale(black and white)publication to a full-color PIO publication. R $ 2,850 $ 2,850 N For the Dues&Memberships budget to allow two additional PIO staff to receive the continuing education and membership benefits of the City& PIO County Communicators and Marketers Association(3CMA). R $ 445 $ 445 N Funds marketing/promotion for City Expo and strategic marketing/promotional campaigns for City services,programs,and initiatives that may not have dedicated marketing budgets but need to be promoted over the course of the fiscal year.In addition to traditional advertising methods,these additional funds would allow additional promotional efforts utilizing outdoor advertising such as City bus wraps and billboards,social media and other digital promotions to be considered,depending upon the PIO campaign. R $ 4,000 $ 4,000 N Hire a professional photographer to take photos of City amenities,attractions, etc.and new photos are needed for use in City publications,on the City website,and in City social media posts.More specifically,new photos are PIO needed to better represent the diversity of Dubuque's residents. N $ 2,000 $ 2,000 N Subtotal Medial Services Fund $ 9,295 $ - $ 9,295 GARAGE SERVICE FUND Fleet Maintenance Supervisor to attend the National American Public Works Association PWX Conference each fall.This professional development offers exposure to best practices and information to overcome obstacles with Public Works advanced technology in fleet maintenance and various fixed assets. R $ 3,100 $ 3,100 Y Subtotal Garege Service Fund $ 3,100 $ - $ 3,100 ENTERPRISE FUNDS Stormwater Fund Part-time(0.73 FTE)Utility Locator(GE-24C)to assist with the locating of buried City utilities(storm sewer,sanitary sewer,water main,fiber optics, electrical,etc.)as part of the lowa One Call service.The part-time Utility Locator would improve the efficiency of the current full-time Utility Locator Engineering position within the Engineering Department. R $ 8,584 $ 8,584 Y Funding to maintain and rehab detention basins.Maintenance includes such things as mowing,vegetation removal,debris removal.Rehab includes minor grading and re-seeding.The additional funding will cover the anticipated additional expenses associated with maintaining the Bee Branch Creek and adjacent floodplain which functions as a detention basin during heavy rainstorms.The addition$10,000 will allow the City to address needed Engineering detention basin maintenance related issues on a more timely basis. R $ 10,000 $ 10,000 Y Seasonal employee for the upper Bee Branch Creek Greenway. The Park Division took over full maintenance responsibility of the greenway corridor in 2020. After a full season of maintenance,it has been determined additional Parks staff is needed to maintain the corridor during the park season. R $ 15,005 $ 15,005 Y SUMMARY OF ALL DECISION(IMPROVEMENT)PACKAGES FOR NON-PROPERTY TAX FUNDS Fiscal Year 2o2z Department Description �N ADDL ADDL Net Tax MVM Expense Revenue Impact YeslNo Mobile air compressor used to blow out all the Park Division water lines and irrigation systems including the irrigation system in the Bee Branch Creek Greenway and the Veterans Memorial site.The compressor would be also used to blow out the water lines at the Port of Dubuque Marina.The compressor would allow for more timely usage to ensure that nothing freezes before temperatures get too cold. This air compressor would also be used for Parks other park maintenance projects including sidewalk replacements. N $ 5,000 $ 5,000 Y Subtotal Stormwater Fund $ 38,589 $ - $ 38,589 Water Fund Part-time(0.73 FTE)Utility Locator(GE-24C)to assist with the locating of buried City utilities(storm sewer,sanitary sewer,water main,fiber optics, electrical,etc.)as part of the lowa One Call service.The part-time Utility Locator would improve the efficiency of the current full-time Utility Locator Engineering position within the Engineering Department. R $ 8,584 $ 8,584 Y Elimination of a full-time Water Plant Operator(0E-166)and the addition of a full-time Water Operations Supervisor(GE-366).The plant presents daily opportunities and challenges that require in depth problem solving and data analysis beyond oversight management from the department manager.The current practice of having all plant responsibilities from day to day operations to regulatory mandates handled solely by the department manager has led to Water inefficiencies. R $ 17,383 $ 17,383 Y Portable generator to serve as auxiliary power to the Olympic Heights Pump Station in the event of an emergency power outage. The United States Environment Protection Agency states that,"Power loss can have devastating impacts on drinking water and wastewater utilities and the communities they serve". The Olympic Heights Pumping Station does not currently have standby auxiliary power and those water customers would be Water impacted by a power outage at the pump station. N $ 50,000 $ 50,000 Y Subtotal Water Fund $ 75,967 $ - $ 75,967 ROAD USE TAX FUND Subtotal Road Use Tax Fund $ - $ - $ Sanitary Sewer Fund Hands-free communication headsets to be used when operating the sewer jet or sewer vac machine.The headsets provide hearing protections and hands- free communication by using wireless technology which allows workers with communicate with each other as if they were on a conference call.Work site Public Works communication is vital for both safety and for worker productivity. N $ 5,300 $ 5,300 Y Part-time(0.73 FTE)Utility Locator(GE-24C)to assist with the locating of buried City utilities(storm sewer,sanitary sewer,water main,fiber optics, electrical,etc.)as part of the lowa One Call service.The part-time Utility Locator would improve the efficiency of the current full-time Utility Locator Engineering position within the Engineering Department. R $ 8,584 $ 8,584 Y Arc flash risk assessment of 17 lift stations(including 181 individual devices) and the WRRC Facility(including 710 individual devices).The assessment consists of the following 3 phases:Phase 1-Data collection,Phase 2- Engineering Analysis,Phase 3-Labels,Label Deployment,and Training. OSHA requires employers to pertorm a PPE hazard assessment to determine necessary PPE.This assessment satisfies OSHA and NFPA 70E WRRC requirements for the assessment of workplace electrical safety. N $ 71,500 $ 71,500 Y Subtotal Sanitary Sewer Fund $ 85,384 $ - $ 85,384 SUMMARY OF ALL DECISION(IMPROVEMENT)PACKAGES FOR NON-PROPERTY TAX FUNDS Fiscal Year 2o2z Department Description �N ADDL ADDL Net Tax MVM Expense Revenue Impact Yes/No Solid Waste Fund Twenty electronic logging devices to launch a pilot program in Solid Waste activity.Electronic logging devices(ELDs)synchronize with the vehicle's engine;thereby capturing data on off/on status of the engine,whether the vehicle is moving,miles are driven,and duration of engine operation.Using an ELD can assist in preemptive identification of driver habits to ensure Public Works proper maintenance of vehicles are happening. N $ 8,268 $ 8,268 Y Additional refuse(trash)tipper carts to meet the need of customers who currently subscribe to either a basic container plus an additional 34 gallon Public Works container or a 50 gallon container plus an additional 50 gallon container. R $ 35,000 $ 35,000 Y Additional recycling tipper carts to meet the demand of customers who prefer a more convenient way to manage their recycling.Prior fiscal year 2017, customers only option to manage their recycling was to manually lift an 18- galllon bin(s)from their home to the curbside and/or alley line.To make recycling more convenient for customers,City Council approved a recycling Public Works tipper cart on wheels program. R $ 5,000 $ 5,000 Y Purchase of AaqualTools CartBlaster,a tipper cart cleaning system. AaqualTools CartBlaster is designed to clean the interior surface of any open head trash container in 1 to 5 minutes depending on detergent,volume(gpm) and wash water emperature.Currently,when staff delivers and/or returns a tipper cart the staff has to manually spray down carts.This becomes time consuming when there are multiple carts to spray.The new tool would Public Works improve staff ability to clean out the cart quicker and more efficiently. N $ 5,000 $ 5,000 Y Full-time Sanitation Driver(1.0 FTE)to be shared between yard waste and snow and ice control and eliminates seasonal laborers(1.34 FTE total)in the Street Signs and Markings(0.67 FTE),Refuse Collection(0.09 FTE),Yard Waste Collection(0.50 FTE),and Recycling Collection(0.08FTE)activities. Public Works The net impact to full-time equivalents would be a reduction of 0.34 FTE. R $ 41,762 $ (25,936) $ 15,826 N Subtotal Solid Waste Fund $ 95,030 $ (25,936) $ 69,094 Landfill Full time Landfill Equipment Operator(GD-08A)shared between the Landfill and the Public Works Department(1.0 FTE)and eliminates seasonal laborers (1.68 FTE total)in the Port of Dubuque Maintenance(0.57 FTE),Street Cleaning(0.36 FTE), and Landfill(0.75FTE)activities.The net impact to full- Public Works time equivalents would be a reduction of 0.68 FTE. R $ 42,508 $ (28,916) $ 13,592 N An additional 40 yard recycling roll off container at the Dubuque Metropolitan Solid Waste Agency(Landfill)to replace a container that was relocated to Peosta.This would allow for customers to always have access to a recycling container at the Landfill.Currently,whenever the onsite container is being hauled to the processor,there is not container onsite for customers to use if Public Works they have recycling items. N $ 10,000 $ 10,000 Y An additional 20 yard glass recycling container to expand the glass collection program.Currently,there are only two locations with glass recycling containers in Dubuque County,one at the City of Dubuque Municipal Service Center and one at the Landfill.The Agency would like to expand the glass recycling program to another community in Dubuque County to offer a more Public Works convenient location for county residents. N $ 6,700 $ 6,700 Y An equipment press which would be used by the landfill mechanic during repairs of landfill equipment. Many times while repairing heavy equipment,a Public Works press is needed to separate parts needing repair. N $ 6,500 $ 6,500 Y SUMMARY OF ALL DECISION(IMPROVEMENT)PACKAGES FOR NON-PROPERTY TAX FUNDS Fiscal Year 2o2z Department Description �N ADDL ADDL Net Tax MVM Expense Revenue Impact YeslNo Grapple bucket which would enable staff to load tires more efficiently and allow for better management of the raw compost material.This bucket would also allow the Agency to respond more efficiently to an event which causes Public Works widespread yard debris generation(storm damage). N $ 22,000 $ 22,000 Y Funding for the Landfill Foreperson to participate in the Dale Carnegie Leadership training.This professional development would allow the Landfill foreperson to continue to develop the skills necessary for the position,which Public Works aligns with the Agency's mission statement. N $ 1,500 $ 1,500 Y Subtotal Landfill Fund $ 89,208 $ (28,916) $ 60,292 TOTAL NON-PROPERTY TAX FUND PACKAGES $ 396,573 $ (54,852) $ 341,721 TOTAL IMPROVEMENT PACKAGES ALL FUNDS $3,540,607 $ (571,556)$2,969,051 Dubuque THE CITY OF � All•America Cily DuB E �„����Nk�����. ;� ��► � � Maste iece on the Mississi i Z°°''Z°iZ`z°13 rP pp zoi�*zoi9 TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Director of Finance and Budget SUBJECT: Set Public Hearing for Resolution Establishing Maximum Property Tax Dollars for Fiscal Year 2022 DATE: February 11, 2021 The purpose of this memorandum is to submit the resolutions setting the public hearing and authorizing the publication of official notices for the public hearing required in connection with the adoption of the the Fiscal Year 2022 Resolution Establishing Maximum Property Tax Dollars. Prior to setting the public hearing and publishing the notice of public hearing, the City Council can increase or decrease this amount. Once this amount is established and set for public hearing, the City Council cannot increase it at the public hearing. After the public hearing, the maximum property tax dollars can be approved as is or reduced, but not increased. Senate File 634 passed during the 2019 legislative sessions, makes changes to lowa city and county budgets and taxes for Fiscal Year 2021 and later. Additional steps have been added to the budget approval process: 1. Determine a maximum amount of taxes that the municipality will certify to be levied as property taxes from certain levies in the next fiscal year (called the "total maximum property tax dollars"), and prepare a resolution that establishes that amount of"total maximum property tax dollars" for the next fiscal year. 2. Set a time and place for a public hearing on the resolution. 3. Hold a public hearing on the resolution, at which residents and property owners may present oral or written objections. 4. Following the public hearing, the governing body may decrease the proposed "maximum property tax dollars" amount but may not increase the amount. 5. Adopt the resolution. If the "total maximum property tax dollars" amount is greater than 102% of the current fiscal year's actual property taxes from the identified levies, then the resolution must pass the governing body by a two-thirds majority of the full City Council. The maximum property tax dollars resolution is developed and adopted by City Council during the budgeting process in order to provide targets or parameters within which the budget recommendation will be formulated within the context of the City Council Goals and Priorities established in August 2020. By State law, the budget that begins July 1, 2021 must be adopted by March 31, 2021. If amount of resources recommended in the resolution is approved, the budget will be able to fund $247,455 for annually recurring and $154,347 for non-recurring improvement packages in the General Fund. There are many improvement packages requested by departments in an effort to support City Council goals and priorities. You will see that the recurring requests in the General Fund total $1,967,269 of net operating budget impact and the non-recurring requests in the General Fund total $660,061, for a total of$2,627,330 in improvements which exceeds the resources that will be available for Fiscal Year 2022. In order to provide context for the basis of the recommended maximum property tax dollars recommended in Fiscal Year 2022, the Fiscal Year 2022 Budget and Fiscal Policy Guidelines are attached. The budget guidelines are developed and adopted by City Council during the budgeting process in order to provide targets or parameters within which the budget recommendation will be formulated within the context of the City Council Goals and Priorities established in August 2020. The final budget presented by the City Manager may not meet all of these targets due to changing conditions and updated information during budget preparation. To the extent the recommended budget varies from the guidelines, an explanation will be provided in the printed budget document. By State law, the budget that begins July 1, 2021 must be adopted by March 31, 2021. The Fiscal Year 2022 budget guidelines call for a 0.93% decrease in the property tax rate, which would be a 1.62% or $12.49 tax increase for the average Dubuque homeowner, no increase in property tax for commercial (0%, $0) and a decrease for industrial (0.30%, $14.20) and a decrease for multi-residential (6.15%, $116.55) properties. 2 � . . � Property Tax Rate -0.93% -$0.09 Average Residential Payment +1.62% +$12.49 Average Commercial Payment 0.00% $0.00 Average Industrial Property -0.30% -$14.20 Average Multi-Residential Property -6.15% -$116.55 Since 1989, the average homeowner has averaged an annual increase in costs in the City portion of their property taxes of 1.30%, or about $7.78 a year. If the State had been fully funding the Homestead Tax Credit, the increase would have averaged about +$4.79 a year. The City Council is only considering the Fiscal Year 2022 property tax rate. The Fiscal Year 2023 - 2026 tax rates are only projections. The future budget projections will be updated each year so that City Council will have an opportunity in the next year to change Fiscal Year 2023. The City property tax rate projected in these budget guidelines and impact on the average residential property owner ($146,467 assessed value) is as follows: . FY 2022 10.0496 -0.93% FY 2023 10.8220 7.69% FY 2024 11.2619 4.06% FY 2025 11.8419 5.15% FY 2026 12.3401 4.21% . . - . - . , . � . . . . . � . . . - . . - . - . . - FY 2021 $26,202,568 FY 2022 $26,630,342 +1.63% +1.62% +$12.49 FY2023 $29,162,508 +9.51% +7.69% +$60.07 FY 2024 $30,861,600 +5.83% +4.06% +$34.21 FY 2025 $32,907,331 +6.63% +5.15% +$45.11 FY 2026 $34,974,146 +6.28% +4.21°/a +$38.74 The recommended guideline is a +1.62% or +$12.49 increase for the average residential property owner assuming the Homestead Property Tax Credit is fully funded and no increase for the average commercial property owner. A one percent increase in the tax rate will generate approximately $268,434. In order to achieve no increase to the average residential property owner, no improvement packages would be funded and the maintenance level budget would need to be reduced by $23,198. 3 The residential rollback factor will increase from 55.0743% in 2021 to 56.4094% or a 2.42% increase in FY 2022. The increase in the residential rollback factor increases the value that each residence is taxed on. This increased taxable value for the average homeowner ($80,666 taxable value in FY 2021 and $82,621 taxable value in 2022) results in more taxes to be paid per $1,000 of assessed value. For the current Fiscal Year 2021, Dubuque has the LOWEST property tax rate as compared to the eleven largest cities in the state. The highest rate (Waterloo) is 81.78% higher than Dubuque's rate, and the average is 47.76% higher than Dubuque. Dubuque's recommended FY 2022 property tax rate is $10.0496 (decrease of 0.93% from FY 2021). Fiscal Year 2021 City Property Tax Rate Comparison for Eleven Largest lowa Cities 11 Waterloo $18.44 10 Council Bluffs $18.26 9 Des Moines $17.46 8 Davenport $16.78 7 lowa City $15.77 6 Cedar Rapids $15.66 5 Sioux City $14.90 4 West Des Moines $11.80 3 Ankeny $10.67 2 Ames $10.15 1 Dubuque $10.14 AVERAGE w/o Dubuque $14.99 Significant issues impacting the FY 2022 budget include the following: 1. State Funded Backfill on Commercial and Industrial Property Tax a. Elements of the property tax reform passed by the lowa Legislature in 2013 have created a tremendous amount of uncertainty in the budget process. While the State has committed to provide some funding for the City revenue reductions caused by the decrease in taxable value for commercial and industrial properties, key legislators have been quoted in the media as casting doubt on the reimbursements continuing. It is assumed the backfill will be fully funded in FY 2022 and FY 2023. 4 2. Gaming Revenue. a. Gaming revenues generated from lease payments from the Dubuque Racing Association (DRA) are estimated to increase $43,621 from $5,185,737 in FY 2021 to $5,229,358 in FY 2022 based on Fiscal Year 2019 actual plus Sports Betting. This follows a $198,633 increase from budget in FY 2021 and a $85,928 increase from budget in FY 2020. b. The lowa Legislature passed Sports Betting Legislation in June 2019. DRA started Retail (On-Site) on August 27, 2019 with Mobile Wagering starting on November 12, 2019. Diamond Jo Casino partnered with Betfair Interactive US LLC (FanDuel Sportsbook) and they started Sports Betting Retail in September 2019 and Mobile Wagering in September 2020. DRA had $562,601 in Sports Book revenue and $16,141,637 in Sports Betting handle during 2020. With an amended lease, the City began receiving 0.5% of the handle from Sports Betting in FY 2021. The City's estimated 0.5°/a of the handle from Sports Betting in FY 2022 is $80,708. 3. New multi-residential property class in Fiscal Year 2017. a. Beginning in FY 2017 (July 1, 2016), new State legislation created a new property tax classification for rental properties called multi-residential, which requires a rollback, or assessment limitations order, on multi- residential property which will eventually equal the residential rollback. Multi-residential property includes apartments with 3 or more units. Rental properties of 2 units were already classified as residential property. The State of lowa will not backfill property tax loss from the rollback on multi- residential property. - . . . � , � . . 2017 86.25% $331,239 2018 82.50% $472,127 2019 78.75% $576,503 2020 75.00% $691,640 2021^ 71.25% $952,888 2022 67.50% $1,371,435 2023 63.75% $1,293,125 2024 56.41 % $1,458,182 Total $7,147,139 '55.07% =Current residential rollback ^ 17% State Equalization Order in FY 2021 5 This annual loss in tax revenue of$1,371,435 in FY 2022 and $1,458,182 from multi-residential property when fully implemented in FY 2024 will not be backfilled by the State. From Fiscal Year 2017 through Fiscal Year 2024 the City will lose $7,144,472 in total, meaning landlords will have paid that much less in property taxes. The state did not require landlords to charge lower rents or to make additional investment in their property. 4. Debt Reduction a. In August 2015, the Mayor and City Council adopted a debt reduction strategy which targeted retiring more debt each year than was issued by the City. The recommended FY 2022 budget will achieve that target throughout the 5-year CIP and also substantially beat overall debt reduction targets over the next five and ten-year periods. You can see that the Mayor and City Council have significantly impacted the City's use of the statutory debt limit established by the State of lowa. In Fiscal Year 2015, the City of Dubuque used 90°/a of the statutory debt limit. In this budget recommendation, the Mayor and City Council are currently reviewing for Fiscal Year 2022, the use of the statutory debt limit would be 45°/a, and by the end of the recommended 5-Year Capital Improvement Program (CIP) budget in Fiscal Year 2026, the City of Dubuque would be at 37% of the statutory debt limit. Projections out 10 years to Fiscal Year 2031 show the City of Dubuque at 18% of the statutory debt limit. This is an improvement on the debt reduction plan adopted in August 2015, that first began implementation in Fiscal Year 2016. Statutory Debt Limit Used (as of June 30th) 100%90% 870�0 0 ° 79% 72% 79% 74% o 0 86% 69/0 63% 70/0 66% 66% 62% 75/o � 56% 50% o 50% 46/0 45% 44% 45% 40% o 37/o 0 33/0 29% 25% 0 21% 18% 25/o -% TI TI TI TI TI TI TI TI TI TI TI TI TI TI T TI TI � � � � � � � � � � � � � � � � � j � � � j N N N N N N W N N N W W t71 C1 V 00 t0 O s N W � U7 C! �l 00 CC O � FY16 Adopted � FY22 Recommended 6 b. The City will issue $55,741,414 in new debt in the recommended 5-year CIP, mostly for fire truck and pumper replacements, fire station expansion, road improvements, sanitary sewer improvements, water improvements, additional downtown parking, and maintenance of Five Flags. Project FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Total Airport Rehab Taxiway A $ 577,000 $ 283,000 $ 860,000 Downtown Parking Ramp GDTIF $ 4,050,000 $ 9,078,000 $ 6,000,000 $19,128,000 Finance General Ledger Software $ — Fire HVAC Headquarters $ 169,184 $ 84,894 $ 254,078 Fire Ladder&Pumper $ 1,582,154 $ 425,460 $ 433,000 $ 2,440,614 Fire Station Expansion $ 700,620 $3,194,028 $ 3,894,648 Five Flags GDTIF $ 5,750,000 $ 5,750,000 Riverfront Docks/Property Acquisition GDTIF $ 1,300,000 $ 1,300,000 Smart Parking GDTIF $ 222,000 $ 450,000 $ 672,000 Solid Waste Collection Vehicles $ 175,000 $ 235,000 $ 55,000 $ 265,000 $ 106,000 $ 836,000 Sanitary Sewer Projects $ 5,170,303 $ 4,224,310 2871401 4700000 1296786 $18,262,800 Water Projects $ 655,000 $ 655,000 Total New Debt $12,277,457 $14,583,494 $15,763,755 $6,381,620 $5,046,814 $54,053,140 In addition, the City will access $3,424,668 of previously issued state revolving fund loans as the related capital improvement projects progress. The draw down on these previously issued loans is as follows: FY FY FY FY FY Project 2022 2023 2024 2025 2026 Total Stormwater Upper Bee Branch Rail Road $ 2,394,668 $ 2,394,668 Water CIWA Purchase& Improvements $ 1,030,000 $ 1,030,000 Total Draw Downs $ 3,424,668 $ — $ — $ — $ — $ 3,424,668 7 The City will retire $96,768,118 of existing debt over the next five-years (FY22- FY26).The following chart shows the net reduction of debt from Fiscal Year 2022 - Fiscal Year 2026: FY FY FY FY FY Project 2022 2023 2024 2025 2026 Total New Debt $ 13,084,157 $ 15,465,068 $ 15,763,755 $ 6,381,620 $ 5,046,814 $ 55,741,414 Previously Issued SRF Draw Downs $ 3,424,668 $ — $ — $ — $ — $ 3,424,668 Retired Debt -$16,890,599 -$18,413,294 -$19,666,659 -$20,461,290 -$21,137,410 -$96,569,252 Net Debt Reduction -$381,774 -$2,948,226 -$3,902,904 -$14,079,670 -$16,090,596 -$37,403,170 Outstanding General Obligation (G.O.) debt on June 30, 2022 is projected to be $107,921,270 (44.67% of the statutory debt limit), leaving an available debt capacity of$133,694,813 (55.33%). In Fiscal Year 2016, the City was at 86.13% of statutory debt limit, so 44.67% in Fiscal Year 2022 is a 41.46°/a decrease in use of the statutory debt limit. The City also has debt that is not subject to the statutory debt limit, such as revenue bonds. Outstanding revenue bonds payable by water, sewer, parking and stormwater fees, will have a balance of$146,790,767 on June 30, 2022 . The total City indebtedness as of June 30, 2022, is projected to be $254,712,037 (44.67% of statutory debt limit). The total City indebtedness as of June 30, 2016, was $295,477,641 (86.13% of statutory debt limit). The City is projected to have $39,958,904 less in debt as of June 30, 2022. The combination of reduced debt and increased utility rates partially reflects the movement to a more "pay as you go" strategy, which could lead to larger tax and fee increases than with the use of debt. 8 The following chart shows the amount of retired debt as compared to new debt. The new debt includes new debt issuances as well as draw downs on existing state revolving fund loans: * Retired Debt Versus New Debt (In Millions) $25 $23.4 $22.4 $19.7 �20.5 $21.1 $21.2 $21.6 $21.6 $20 $18.1 $18.4 $18.7 $17.4 �17.1 16.9 $16.4 ' � $15 $14.3 � � $14.8 $14.6 0 = $13.0 � 1 $10 6.4 5.0 $5 1.0 1.0 1.0 1.0 1.0 $0 CD f� Op � O � N M � � CO f� 00 d� O � � � � � N N N N N N N N N N M M } } r � � � } � � � � } � � } } L.L L.L L.L L.L L.L LL LL LL LL LL LL LL LL L.L L.L L.L � Retired Debt � New Debt *In Fiscal Year 2020, the City had $5,908,200 forgiven of the Bee Branch Upper Bee Branch Loan on June 30, 2020 which increased principal payments reflected. c. The City also has debt that is not subject to the statutory debt limit. This debt includes revenue bonds. Outstanding revenue bonds payable by water, sewer and stormwater fees on June 30, 2022 will have a balance of $146,790,767. The total City indebtedness as of June 30, 2022, is projected to be $254,712,037. The total City indebtedness as of June 30, 2021, was $255,296,689. In FY 2022, the City will have a projected $584,652 or 0.23% less in debt. The City is using debt to accomplish necessary projects and to take advantage of the attractive interest rates in the current market. 9 The following chart shows Dubuque's relative position pertaining to use of the statutory debt limit for Fiscal Year 2022 compared to the other cities in lowa for Fiscal Year 2020 with a population over 50,000: Fiscal Year 2020 Legal Debt Limit Comparison for Eleven Largest lowa Cities Rank City Legal Debt Limit Statutory Debt Percentage of Legal (5%) Outstanding Debt Limit Utilized 11 Sioux City $ 234,052,896 $ 149,054,999 63.68 % 10 Des Moines $ 633,944,619 $ 399,100,000 62.96 % 9 Davenport $ 362,087,372 $ 207,415,000 57.28 % 8 Waterloo $ 198,578,109 $ 106,207,641 53.48 % 7 Cedar Rapids 583,572,883 286,435,000 49.08 % 6 W. Des Moines $ 414,397,845 $ 203,180,000 49.03 % 5 Dubuque (FY22) $ 241,616,084 $ 108,727,970 45.00 % 4 Ankeny $ 303,268,096 $ 122,095,000 40.26 % 3 Ames $ 242,136,755 $ 64,305,000 26.56 % 2 Council Bluffs $ 256,079,718 $ 57,043,627 22.28 % 1 lowa City $ 306,678,510 $ 68,160,000 22.23 % Average w/o Dubuque 44.68 % Percent of Legal Debt Limit Utilized ao�io 62.96% 63.68% 60% 57.28% 53.48% 44.68% 45.00% 47.37% 49.03% 40.26% 40% 26.56% 22.23% 22.28% 20% 0% o�aG�'�� G\����5 P�eS P��et�� PJe�ao,e e`�y�y`L� `�aQ�aS ��o\,�e5 �a�e��o° a,e�.�o�' y�o`�e5 \o J�G�'�� � Gov� ���� Ge�.a �e O �e 5 O`� � Dubuque ranks as the fifth lowest of the use of statutory debt limit of the 11 cities in lowa with a population over 50,000 and Dubuque is slightly above the average of the other Cities. 10 Total Debt (In Millions) $324 $302.3 $297 $290.1 $282.0 $279.9 $295.5 $270 $285.5 L $265.6 $267.4 $275.1� $255.3 $255.9 �251.5 $264.9 $248.2 $243 $252.5 $254.7 $234.7 � $244.3 $241.4 $219.1 � $216 $226.2 199.3 � $189 179.0 $162 158.8 137.4 $135 $108 $119� FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY16 Adopted � FY22 Recommended By the end of the recommended 5-Year Capital Improvement Program (CIP) budget the total amount of debt for the City of Dubuque would be $219.1 million (37% of the statutory debt limit) and the projection is to be at $119.5 million (18% of statutory debt limit) within 10 years. 5. General Fund Reserve The City maintains a general fund reserve, or working balance, to allow for unforeseen expenses that may occur. Moody's Investor Service recommends a 20% General Fund Operating Reserve for "AA" rated cities. In May 2015, Moody's Investors Service downgraded Dubuque's general obligation bond rating from Aa2 to Aa3, but removed the negative future outlook. This followed two bond rating upgrades in 2003 and 2010, and one bond rating downgrade in 2014. In announcing the bond rating downgrade, Moody's noted the City's general fund balance/reserve declined. 11 . - � •- • . . . - . . . • Increase due to capital projects not expended before the end of the FY FY 2016 17.52% and increase in general fund revenue Increase due to capital projects not expended before the end of the FY FY 2017 20.09% and additional contributions to general fund reserve Increase due to capital projects not expended before the end of the FY FY 2018 23.81% and additional contributions to general fund reserve Increase due to capital projects not expended before the end of the FY FY 2019 29.06% and additional contributions to general fund reserve Increase due to freezing vacant positions and most capital projects due FY 2020 31.24% to the pandemic. FY 2021 25.21% Decrease due to planned capital expenditures Fund Reserve as a Percent of General Fund Revenue 35 31.24% 30 29.06% � 25 23.81% 25.21 /24.72% 23.76% �' � 0 22.84% � 20.09% 24.24/0 23.29% a 20 � � 17.52% 15 10 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY 26 Fiscal Year The City of Dubuque has historically adopted a general fund reserve policy as part of the Fiscal and Budget Policy Guidelines which is adopted each year as part of the budget process. During Fiscal Year 2013, the City adopted a formal Fund Reserve Policy which states the City may continue to add to the General Fund minimum balance of 10% when additional funds are available until 20% of Net General Fund Operating Cost is reached. 12 After all planned expenditures in FY 2021, the City of Dubuque will have a general fund reserve of 24.83% of general fund expenses as computed by the methodology adopted in the City's general fund reserve policy on a cash basis or 25.21% percent of general fund revenues as computed by the accrual basis methodology used by Moody's Investors Service. The general fund reserve cash balance is projected to be $17,166,567 on June 30, 2021 as compared to the general fund reserve balance on an accrual basis of$17,903,632 as computed by Moody's Investors Service.The general fund reserve balance on an accrual basis exceeds 22% in FY 2021, which is the margin of error used to ensure the City always has a general fund reserve of at least 20% as computed by Moody's Investors Service. In Fiscal Year 2017, the City had projected reaching this consistent and sustainable 20% reserve level in Fiscal Year 2022. In fact, the City met the 20% reserve requirement in FY 2017, five years ahead of schedule and has sustained a greater than 20°/a reserve. � i i � � i - � � . Contribution $— $— $— $— $— $— $— City's Spendable General Fund Cash $21,744,160 $17,903,632. $17,903,632. $17,903,632. $17,903,632. $17,903,632. $17,903,632. Reserve Fund Balance % of Projected 31.24°/a 25.21% 24.72°/a 24.24% 23.76% 23.29% 22.84% Revenue (Moody's) 6. The Municipal Fire and Police Retirement System of lowa Board of Trustees City contribution for Police and Fire retirement increased from 25.31% percent in FY 2021 to 26.18% percent in FY 2022 (general fund cost of$133,704 for Police and $59,244 for Fire or a total of$192,948). �. The already approved collective bargaining agreements for Teamsters Local Union 120, Dubuque Professional Firefighters Association, and International Union of Operating Engineers in FY 2022 include a 3.00% employee wage increase. The already approved collective bargaining agreement for Teamsters Local Union 120 Bus Operators include a 3.25% employee wage increase.Non- represented employees include a 3.00% wage increase. Total cost of the wage increase is $1,161,505 to the General Fund. 8. Health Insurance The City portion of health insurance expense is projected to increase from $1,025 per month per contract to $1,086 per month per contract (based on 588 contracts) in FY 2022 (general fund cost of$297,186). The City of Dubuque is self-insured, and actual expenses are paid each year with the City only having stop-loss coverage for major claims. In FY 2017, The City went out for bid for 13 third party administrator and the estimated savings has resulted from the new contract and actual claims paid with there being actual reductions in cost in FY 2018 (19.42%) and FY 2019 (0.35%). In addition, firefighters began paying an increased employee health care premium sharing from 10% to 15% and there was a 7% increase in the premium on July 1, 2018. During FY 2019, the City went out for bid for third party administrator for the prescription drug plan there has been savings resulting from the bid award. Based on FY 2021 actual experience, Fiscal year 2022 is projected to have a 6% increase in health insurance costs. Fiscal Year 2022 projections include additional prescription drug plan savings of$219,256. Estimates for FY 2023 were increased 6%; FY 2024 were increased 7%; FY 2025 were increased 8%; and FY 2026 were increased 8%. s. The decrease in property tax support for Transit from FY 2021 to FY 2022 is - $17,871, which reflects decrease in motor vehicle maintenance and diesel fuel (- $101,086); decrease in snow removal (-$36,495); decrease in machinery and equipment (-$35,977); increase in motor vehicle maintenance outsourced ($58,815), and decrease in private contributions related to the Night Rider Route ($84,280). Timeline of Public Input Opportunities The Budget Office conducted community outreach with Balancing Act using print and digital marketing and presentations. • October: Point Neighborhood Association. • November: The City Manager hosted an evening virtual public budget input meeting. The Budget Office conducted a virtual community outreach session using GoToMeeting. • December: City staff conducted two virtual community outreach sessions using GoToMeeting and Facebook Live streaming. A total of 71 community members attended the virtual budget presentations. There have been 140 page views of the Balancing Act budget simulator tool and 3 budgets have been submitted by the public as of February 1, 2021. The input provided will be analyzed by City staff and evaluated by the City Manager for inclusion in the Fiscal Year 2022 budget recommendation as deemed appropriate. Open Budget URL: www.dollarsandcents.cityofdubuque.org During Fiscal Year 2016, the City launched a web based open data platform. The City of Dubuque's Open Budget application provides an opportunity for the public to explore and visually interact with Dubuque's operating and capital budgets. This application is in 14 support of the five-year organizational goal of a financially responsible city government and high-perFormance organization and allows users with and without budget data experience, to better understand expenditures in these categories. Open Expenses URL: http://expenses.cityofdubuque.org/ During Fiscal Year 2017, an additional module was added to the open data platform which included an interactive checkbook which will allow residents to view the City's payments to vendors. The final step will be adding performance measures to the open data platform to allow residents to view outcomes of the services provided by the City. Balancing Act URL:http://bit.ly/fy22budgetsim During Fiscal Year 2019, the City of Dubuque launched a new interactive budget simulation tool called Balancing Act. The online simulation invites community members to learn about the City's budget process and submit their own version of a balanced budget under the same constraints faced by City Council, respond to high-priority budget input questions, and leave comments. Taxpayer Receipt URL: http://bit.ly/taxpayerreceipt During Fiscal Year 2019, the City launched an online application which allows users to generate an estimate of how their tax dollars are spent. The tool uses data inputted by the user such as income, age, taxable value of home, and percentage of goods purchased within City limits. The resulting customized receipt demonstrates an estimate of how much in City taxes the user contributes to Police, Fire, Library, Parks, and other city services. This tool is in support of the City Council goal of a financially responsible and high-perFormance organization and addresses a Council-identified outcome of providing opportunities for residents to engage in City governance and enhance transparency of City decision-making. There will be six City Council special meetings prior to the adoption of the FY 2022 budget before the state mandated deadline of March 31, 2021. The recommended resolution for maximum property tax dollars in FY 2022 is $26,349,612 (excluding the debt service levy of$280,730) or a 1.63% increase over Fiscal Year 2021 property tax dollars. Since the "total maximum property tax dollars" amount is less than 102% of the current year's property taxes (1.63% excluding the debt service levy), the resolution must pass by a simple majority vote of the City Council. The requested action step is for City Council to adopt the attached resolution setting the public hearing date for the maximum property tax dollars as required by Section 384.15A of the Code of lowa. The attached resolution authorizes the City Clerk to publish notification for a public hearing to be held on March 1, 2021. 15 JML Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager 16 Prepared by: Jennifer Larson, City of Dubuque, 50 W. 13th St. Dubuque, IA 52001, 563.589-4322 Return to: Jennifer Larson, City of Dubuque, 50 W. 131h St. Dubuque, IA 52001, 563.589-4100 RESOLUTION NO. 49-21 SETTING A PUBLIC HEARING ON THE FISCAL YEAR 2022 MAXIMUM PROPERTY TAX DOLLARS FOR THE AFFECTED TAX LEVY TOTAL Whereas, pursuant to State of Iowa SF634, the City of Dubuque is required to hold a public hearing to consider the proposed Fiscal Year 2022 city maximum property tax dollars for the affected levy total; and Whereas, the notice of hearing must be published not less than 10 days and not more than 20 days prior to the date of the hearing; and Whereas, at said hearing, the City Council is required to pass a resolution adopting the fiscal year maximum property tax dollars for the affected levy total. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA THAT: Section 1. The Dubuque City Council will conduct a public hearing on March 1, 2021 at 6:30 p.m. virtually. Section 2. The Director of Finance and Budget is hereby directed to prepare a Resolution of Maximum Property Tax Dollars for the Affected Tax Levy Total with the required information pursuant to SF634. Section 3. The City Clerk is hereby directed to publish the notice of public hearing pursuant to SF634. Passed, adopted and approved this 15th day of February 2021. Attest: Adrienne N. Breitfelder, City Clerk CITY NAME NOTICE OF PUBLIC HEARING-PROPOSED PROPERTY TAX LEVY CITY CODE Dubuque Fiscal Year July 1,2021 -June 30,2022 31-288 The Cit Council will conduct a ublic hearin on the ro osed Fiscal Year Cit ro ert tax lev as follows: Meeting Date: Meeting Time: Meeting Location: 3/1/2021 6:30 p.m. Virtual At the public hearing any resident or taxpayer may present objections to,or arguments in favor of the proposed tax levy. After adoption of the proposed tax levy,the Council will publish notice and hold a hearing on the proposed city budget. City Web Site(if available): City Telephone Number: www.cityofdubuque.org/budget 563-589-4398 lowa Department of Management Current Year Budget Year Budget Year Certified Property Effective Property Proposed Annual Tax Tax Maximum Property Tax 2020/2021 2021/2022** 2021/2022 %CHG Regular Taxable Valuation 1 2,579,355,511 2,646,230,849 2,646,230,849 Tax Levies: RegularGeneral 2 $20,892,780 $20,892,780 $21,434,470 Contract for Use of Bridge 3 $0 $0 Opr&Maint Publicly Owned Transit 4 $1,635,441 $1,635,441 $1,601,290 Rent, Ins. Maint.Of Non-Owned Civ.Ctr. 5 $0 $0 Opr&Maint of City-Owned Civic Center 6 $0 $0 Planning a Sanitary Disposal Project 7 $0 $0 Liability,Property&Self-Insurance Costs 8 $363,759 $363,759 $444,327 Support of Local Emer. Mgmt.Commission 9 $0 $0 Emergency 10 $0 $0 Police&Fire Retirement 11 $0 $0 FICA&IPERS 12 $3,033,914 $3,033,914 $2,869,525 Other Employee Benefits 13 $0 $0 *Total 384.15A Maximum Tax Levy 14 $25,925,894 $25,925,894 $26,349,612 1.63% Calculated 384.15A MaximumTax Rate 15 $10.05131 $9.79729 $9.95741 Explanation of significant increases in the budget: Increase in Municipal Fire and Police Retirement System of lowa(MFPRSI)contribution rate/expense for Police and Fire retirement; increase in self-insured health cost;and employee wage increase. If applicable,the above notice also available online at: https://www.facebook.com/CityOfDubuque/ https://twitter.com/CityOfDubuque 'Total city tax rate will also include voted general fund levy,debt service levy,and capital improvement reserve levy "Budget year effective property tax rate is the rate that would be assessed for these levies if the dollars requested is not changed in the coming budget year FY 2022 Budget & Fiscal Policy Guidelines Page 1 CITY OF DUBUQUE BUDGET & FISCAL POLICY GUIDELINES F I SCAL YEAR 2022 FY 2022 Budget & Fiscal Policy Guidelines Page 2 Operating Budget Guidelines The Policy Guidelines are developed and adopted by City Council during the budgeting process to provide targets or parameters within which the budget recommendation will be formulated, in the context of the City Council Goals and Priorities established in August 2020. The final budget presented by the City Manager may not meet all these targets due to changing conditions and updated information during budget preparation. To the extent the recommended budget varies from the guidelines, an explanation will be provided in the printed budget document. By State law, the budget that begins July 1, 2021 must be adopted by March 31, 2021. A. RESIDENT PARTICIPATION GUIDELINE � To encourage resident participation in the budget process, City Council will hold multiple special meetings in addition to the budget public hearing for the purpose of reviewing the budget recommendations for each City department and requesting public input following each departmental review. The budget will be prepared in such a way as to maximize its understanding by residents. Copies of the recommended budget documents will be accessed via the following: a. The City Clerk's office, located in City Hall (printed) b. The government documents section at the Carnegie Stout Public Library (printed) c. On the City's website at www.cityofdubuque.org (digital) Opportunities are provided for resident input prior to formulation of the City Manager's recommended budget and will be provided again prior to final Council adoption, both at City Council budget special meetings and at the required budget public hearing. Timeline of Public Input Opportunities The Budget Office conducted community outreach with Balancing Act using print and digital marketing and presentations. • October: Point Neighborhood Association. FY 2022 Budget & Fiscal Policy Guidelines Page 1 • November: The City Manager hosted an evening virtual public budget input meeting. The Budget Office conducted a virtual community outreach session using GoToMeeting. • December: City staff conducted two virtual community outreach sessions using GoToMeeting and Facebook Live streaming. A total of 71 community members attended the virtual budget presentations. There have been 140 page views of the Balancing Act budget simulator tool and 3 budgets have been submitted by the public as of February 1, 2021. The input provided will be analyzed by City staff and evaluated by the City Manager for inclusion in the Fiscal Year 2022 budget recommendation as deemed appropriate. Open Budget "�' - - dollar-andcents.c` -r�u'- - - - �g During Fiscal Year 2016, the City launched a web based open data platform. The City of Dubuque's Open Budget application provides an opportunity for the public to explore and visually interact with Dubuque's operating and capital budgets. This application is in support of the five-year organizational goal of a financially responsible city government and high-perFormance organization and allows users with and without budget data experience, to better understand expenditures in these categories. During Fiscal Year 2017, an additional module was added to the open data platform which included an interactive checkbook which will allow residents to view the City's payments to vendors. The final step will be adding performance measures to the open data platform to allow residents to view outcomes of the services provided by the City. Balancing Act URL:http://bit.ly/fy22budgetsim During Fiscal Year 2019, the City of Dubuque launched a new interactive budget simulation tool called Balancing Act. The online simulation invites community members to learn about the City's budget process and submit their own version of a balanced budget under the same constraints faced by City Council, respond to high-priority budget input questions, and leave comments. Taxpayer Receipt U ttp://bit.ly/taxpayerreceipt During Fiscal Year 2019, the City launched an online application which allows users to generate an estimate of how their tax dollars are spent. The tool uses data inputted by the user such as income, age, taxable value of home, and percentage of goods purchased within City limits. The resulting customized receipt demonstrates an estimate of how much in City taxes the user contributes to Police, Fire, Library, Parks, and other city services. This tool is in support of the City Council goal of a financially responsible and high-performance organization and addresses a Council-identified outcome of providing opportunities for residents to engage in City governance and enhance transparency of City decision-making. FY 2022 Budget & Fiscal Policy Guidelines Page 2 B. SERVICE OBJECTIVES AND SERVICE LEVELS The budget will identify specific objectives to be accomplished during the budget year, July 1 through June 30, for each activity of the City government. The objectives serve as a commitment to the citizens from the City Council and City organization and identify the level of service which the citizen can anticipate. C. TWO TYPES OF BUDGET DOCUMENTS TO BE PREPARED Two types of budget documents will be prepared for public dissemination. The recommended City operating budget for Fiscal Year 2022 will consist of a Recommended City Council Policy Budget that is a collection of information that has been prepared for department hearings and a Residents Guide to the Recommended FY 2022 Budget. These documents will be available in late-February. 1. Recommended City Council Policy Budget The purpose of this document is to focus attention on policy decisions involving what services the City government will provide, who will pay for them, and the implications of such decisions. The document will emphasize objectives, accomplishments and associated costs for the budget being recommended by the City Manager. The Recommended City Council Policy Budget will include the following information for each department: � Highlights of prior year's accomplishments and Future Year's Initiatives � A financial summary � A summary of improvement packages requested and recommended � significant line items � Capital improvement projects in the current year and those recommended over the next five years � Organizational chart for larger departments and major goals, objectives and performance measures for each cost center within that department � Line item expense and revenue financial summaries. 2. The Residents Guide This section of the Recommended FY 2022 Budget will be a supplementary composite of tables, financial summaries and explanations. It will include the operating and capital budget transmittal messages and the adopted City Council Budget Policy Guidelines. Through graphs, charts and tables it presents financial summaries which provide an overview of the total operating and capital budgets. FY 2022 Budget & Fiscal Policy Guidelines Page 3 D. ADOPT A BALANCED BUDGET The City will adopt a balanced budget in which expenditures will not be allowed to exceed reasonable estimated resources. The City will pay for all current expenditures with current revenues E. BALANCE BETWEEN SERVICES AND TAX BURDEN The budget should reflect a balance between services provided and the burden of paying taxes and/or fees for those services. It is not possible or desirable for the City to provide all the services requested by individual residents. The City must consider the ability of residents to pay for services in setting service levels and priorities. F. MAINTENANCE EXISTING LEVEL OF SERVICE To the extent possible with the financial resources available, the City should attempt to maintain the existing level of services. As often as reasonably possible, each service should be tested against the following questions: (a) Is this service truly necessary? (b) Should the City provide it? (c)What level of service should be provided? (d) Is there a better, less costly way to provide it? (e) What is its priority compared to other services? (f) What is the level of demand for the service? (g) Should this service be supported by property tax, user fees, or a combination? G. IMPROVE PRODUCTIVITY Continue efforts to stretch the value of each tax dollar and maximize the level of City services purchased with tax dollars through continual improvements in efficiency and effectiveness. Developing innovative and imaginative approaches for old tasks, reducing duplication of service effort, creative application of new technologies, and more effective organizational arrangements are approaches to this challenge. H. USE OF VOLUNTEERS DISC SION To respect residents who must pay taxes, the City must seek to expand resources and supplement service-delivery capacity by continuing to increase direct resident involvement with service delivery. Residents are encouraged to assume tasks FY 2022 Budget & Fiscal Policy Guidelines Page 4 previously performed or provided by City government. This may require the City to change and expand the approach to service delivery by providing organizational skills and training and coordinating staff, office space, meeting space, equipment, supplies and materials rather than directly providing more expensive full-time City staff. Activities in which residents can continue to take an active role include: Library, Recreation, Parks, Five Flags Center, and Police. Future maintenance of City service levels may depend partially or largely on volunteer resident staffs. Efforts shall continue to identify and implement areas of City government where (a) volunteers can be utilized to supplement City employees to maintain service levels (i.e., Library, Recreation, Parks, Police) or (b) service delivery can be adopted by to non-government groups and sponsors -- usually with some corresponding financial support. I. RESTRICTIONS ON INITIATING NEW SERVICE New service shall only be considered: (a) when additional revenue or offsetting reduction in expenditures is proposed; or (b) when mandated by state or federal law. J. SALARY INCREASES OVER THE AMOUNT BUDGETED SHALL BE FINANCED FROM BUDGET REDUCTIONS IN THE DEPARTMENT(S) OF THE BENEFITING EMPLOYEES DISCUSG�nN The recommended budget includes salary amounts for all City employees. However, experience shows that budgeted amounts are often exceeded by fact finder and/or arbitrator awards. Such "neutrals" do not consider the overall financial capabilities and needs of the community and the fact that the budget is carefully balanced and fragile. Such awards have caused overdrawn budgets, deferral of necessary budgeted expenditures, expenditure of working balances and reserves, and have generally reduced the financial condition or health of the City government. To protect the financial integrity of the City government, it is recommended the cost of any salary adjustment over the amount financed in the budget is paid for by reductions in the budget of the department(s) of the benefiting employees. FY 2022 Budget & Fiscal Policy Guidelines Page 5 The City has five collective bargaining agreements. The current contracts expire as follows: . . . . . Teamsters Local Union No. 120 June 30, 2022 Teamsters Local Union No. 120 Bus Operators June 30, 2022 Dubuque Professional Firefighters Association June 30, 2023 Dubuque Police Protective Association June 30, 2024 International Union of Operating Engineers June 30, 2024 Salary increases over the amount budgeted for salaries shall be financed from operating budget reductions in the department(s) of the benefiting employees. FY 2022 Budget & Fiscal Policy Guidelines Page 6 K. THE AFFORDABLE CARE ACT _. ..��� �.�� The Affordable Care Act is a health care law that aims to improve the current health care system by increasing access to health coverage for Americans and introducing new protections for people who have health insurance. The Affordable Care Act (ACA) was signed into law on March 23, 2010. Under the ACA, employers with more than 50 full-time equivalent employees must provide affordable "minimum essential coverage" to full-time equivalent employees. The definition of a full-time equivalent employee under the Affordable Care Act is any employee that works 30 hours per week or more on average over a twelve-month period (1,660 hours or more). There is a twelve-month monitoring period for part-time employees. If a part-time employee meets or exceeds 30 hours per week on average during that twelve-month period, the City must provide health insurance. On July 2, 2013, the Treasury Department announced that it postponed the employer shared responsibility mandate for one year. Based on the initial requirements of the Affordable Health Care Act, the Fiscal Year 2014 budget provided for insurance coverage effective February 1, 2014 for several part-time employees. In addition, the Fiscal Year 2014 budget provided for making several part- time positions full-time on June 1, 2014. Due to the delay of the employer shared responsibility mandate for the Affordable Health Care Act, the City delayed providing insurance coverage for eligible part-time employees and delayed making eligible part- time positions full-time until January 1, 2015.The Standard Measurement Period was delayed from January 1, 2013 through December 31, 2013 to December 1, 2013 through November 30, 2014 with the first provision of health insurance date being January 1, 2015. The impact of the Affordable Care Act on the City of Dubuque included changing nine part-time positions to full-time (Bus Operators (4), Police Clerk Typist (1), Building Services Custodians (3), and Finance Cashier (1) in Fiscal Year 2016. In addition, nine part-time positions were offered health insurance benefits due to working more than1,560 hours (Bus Operators (4), Golf Professional, Assistant Golf Professional, Golf Maintenance Worker, Parks Maintenance Worker , and Water Meter Service Worker). The number of these part-time positions with health insurance benefits has been reduced as employees in these positions accept other positions or leave employment with the City of Dubuque. As of February 1, 2021, there are two part-time positions with health insurance benefits that remain which include the Golf Professional and a Parks Maintenance Worker. FY 2022 Budget & Fiscal Policy Guidelines Page 7 L. HIRING FREEZE A hiring freeze was implemented during Fiscal Year 2020 due to the pandemic. The positions frozen include: Facilities Management Full-time Custodian, City Manager's Office Part-Time Scanning Intern, City Manager's Office Full-Time Neighborhood Specialist, City Manager's Office Full-Time ICMA Fellow, Economic Development Seasonal Intern, Engineering Full-Time Camera Systems Technician, Fire Full-Time Firefighter for Expansion, Library Full-Time Youth Services, Multicultural Family Center Part-Time Receptionist, Parks Full-Time Maintenance Worker, Planning Seasonal Intern, Police Part-Time Records Clerk, Police Full-Time School Resource Officer, Public Works Full-Time Traffic Signal Tech II, and Recreation Full-Time Facility Supervisor, I M. BALANCE BETWEEN CAPITAL AND OPERATING EXPENSES The provision of City services in the most economical and effective manner requires a balance between capital (with emphasis upon replacement of equipment and capital projects involving maintenance and reconstruction) and operating expenditures. This balance should be reflected in the budget each year. N. USER CHARGES User charges or fees represent a significant portion of the income generated to support the operating budget. It is the policy that user charges or fees be established when possible so those who benefit from a service or activity also help pay for it. Municipal utility funds have been established for certain activities, which are intended to be self- supporting Enterprise Funds. Examples of utility funds operating as Enterprise Funds include Water User Fund, Sewer User Fund, Stormwater User Fund, Refuse Collection Fund, and Parking Fund. In other cases, a user charge is established after the City Council determines the extent to which an activity must be self-supporting. Examples of this arrangement are fees for swimming, golf, recreation programs, and certain inspection programs such as rental inspections and building permits. The Stormwater User Fund is fully funded by stormwater use fees. The General Fund will continue to provide funding for the stormwater fee subsidies which provide a 50% subsidy for the stormwater fee charged to property tax exempt properties and low-to- moderate income residents and a 75% subsidy for residential farms. FY 2022 Budget & Fiscal Policy Guidelines Page 8 User fees and charges should be established where possible so that those who utilize or directly benefit from a service, activity or facility also help pay for it. User fees and charges for each utility enterprise fund (Water User Fund, Sewer User Fund, Stormwater User Fund, Refuse Collection Fund, and Parking Fund) shall be set at a level that fully supports the total direct and indirect cost of the activity, including the cost of annual depreciation of capital assets, the administrative overhead to support the system and financing for future capital improvement projects. The following chart shows activities with user charges and the percentage the activity is self-supporting: . . . . Activity FY 2019 Actual FY 2020 Actual FY 2021 Adopted FY 2022 Rec'd Adult Athletics 72.8% 59.5% 70.1°/a 71.4% McAleece Concessions 155.5% 244.9% 148.4% 147.1% Youth Sports 18.3% 6.1% 13.6% 13.4% Therapeutic&After School 11.8% 34.2% 32.3% 31.4% Recreation Classes 95.2% 46.5% 56.5% 56.4% Swimming 57.9% 42.9% 61.0% 61.0% Golf 96.3% 98.7% 105.5% 106.0% Port of Dubuque Marina 70.5% 69.4% 67.9°/o 64.0% Park Division 13.4% 17.1% 17.2°/o 15.2% Library 3.5% 2.6% 1.6% 1.1% Airport 91.6% 92.4% 91.7% 89.1% Building Inspections 102.1% 118.8% 142.9% 103.1% Planning Services 44.6% 44.1% 52.0% 45.1% Health Food/Environmental Inspections 69.2% 83.2% 74.9% 75.0% Animal Control 64.0% 63.1% 71.7% 69.1% Housing - General Inspection 70.6% 68.5% 91.4% 88.7% Federal Building Maintenance 85.7% 77.3% 83.0°/o 81.6% FY 2022 Budget & Fiscal Policy Guidelines Page 9 O. ADMINISTRATIVE OVERHEAD RECHARGES DISCUSSION While the Enterprise Funds have contributed to administrative overhead, the majority has been provided by the General Fund. This is not reasonable and unduly impacts property taxes, which causes a subsidy to the Enterprise Funds. Prior to FY 2013, the administrative overhead was charged by computing the operating expense budget for each enterprise fund and dividing the result by the total City-wide operating expense budget which resulted in the following percentages of administrative overhead charged to each enterprise fund: Water 5.32%; Sanitary Sewer 4.84%; Stormwater 0.55%; Solid Waste 2.83%; Parking 1.71%; and Landfill 2.71%. The adopted Fiscal Year 2013 budget changed the administrative overhead to be more evenly split between the general fund and enterprise funds and is phased in over many years. The Fiscal Year 2018 administrative overhead formula was recommended modified. The modification removed Neighborhood Development, Economic Development and Workforce Development from all recharges to utility funds. In addition, the Landfill calculation is modified to remove GIS and Planning. In Fiscal Year 2022, the general fund is recommended to support $3,878,400 in administrative overhead using the recharge method adopted in Fiscal Year 2013 and revised in Fiscal Year 2018. Beginning in FY 2013, additional overhead recharges to the utility funds is being phased in over several years. Engineering administrative and project management expenses that are not recharged to capital projects will be split evenly between the Water, Sewer, Stormwater and General Funds. Finance accounting expenses and all other administrative departments such as Planning, City Clerk, Legal Services and City Manager's Office will be split evenly between Water, Sewer, Stormwater, Refuse Collection and General Funds, with overhead costs being shared by the Landfill and Parking. This will be fully implemented over time. Beginning in Fiscal Year 2018, Neighborhood Development, Economic Development and Workforce Development expenses will not be recharged to utility funds. In addition, the Landfill will not be recharged GIS and Planning expenses. When the overhead recharges are fully implemented, the split of the cost of administrative overhead excluding Engineering will be as follows: FY 2022 Budget & Fiscal Policy Guidelines Page 10 Administrati�e �verhead �plit Engineering Administration 8� (Hot including Engineering� �rGJ��t�{IMp���T1�Mt ■4�+ater ■Gen eral ■.Sevrer Fund Stcrrrwater � 1•^,��itv• --- � ■Re=u=e _�..,v c� ■Farking ■Land=ill � � ■�tcrrrwater � � � ■General Fund � P. OUTSIDE FUNDING DISCUSS JN The purpose of this guideline is to establish the policy that the City should aggressively pursue outside funding to assist in financing its operating and capital budgets. However, the long-term commitments required for such funding must be carefully evaluated before any agreements are made. Commitments to assume an ongoing increased level of service or level of funding once the outside funding ends must be minimized. To minimize the property tax burden, the City of Dubuque will make every effort to obtain federal, state and private funding to assist in financing its operating and capital budgets. However, commitments to guarantee a level of service or level of funding after the outside funding ends shall be minimized. Also, any matching funds required for capital grants will be identified. Q. GENERAL FUND OPERATING RESERVE (WORKING BALANCE) DISCUSSION An operating reserve or working balance is an amount of cash, which must be carried into a fiscal year to pay operating costs until tax money, or other anticipated revenue comes in. Without a working balance, there would not be sufficient cash in the fund to meet its obligations and money would have to be borrowed. Working balances are not available for funding a budget; they are required for cash flow (i.e., to be able to pay bills before taxes are collected). FY 2022 Budget & Fiscal Policy Guidelines Page 11 Q. GENERAL FUND OPERATING RESERVE (WORKING BALANCE) (continued) Moody's Investor Service recommends a factor of 20 percent for "AA" rated cities. In May 2015, Moody's Investors Service downgraded Dubuque's general obligation bond rating from Aa2 to Aa3 and removed the negative outlook. This followed two bond rating upgrades in 2003 and 2010, and one bond rating downgrade in 2014. In announcing the bond rating downgrade, Moody's noted that the City's general fund balance/reserve declined. . - . . . . - . . . . FY 2013 21.08% FY 2014 14.87% Decrease due to planned capital expenditures of$4.1 m in FY14 FY 2015 14.87% Unchanged Increase due to capital projects not expended before the end of the FY FY 2016 17.52% and increase in general fund revenue Increase due to capital projects not expended before the end of the FY FY 2017 20.09% and additional contributions to general fund reserve Increase due to capital projects not expended before the end of the FY FY 2018 23.81% and additional contributions to general fund reserve FY 2019 29.06% Increase due to capital projects not expended before the end of the FY. Increase due to freezing vacant positions and most capital projects FY 2020 31.24% due to the pandemic. The City of Dubuque has historically adopted a general fund reserve policy as part of the Fiscal and Budget Policy Guidelines which are adopted each year as part of the budget process. During Fiscal Year 2013, the City adopted a formal Fund Reserve Policy. Per the policy for the General Fund, the City will maintain a minimum fund balance of at least 10 percent of the sum of (a) annual operating expenditures not including interFund transfers in the General Fund less (b) the amounts levied in the Trust and Agency fund and the Tort Liability Fund ("Net General Fund Operating Cost"). The City may increase the minimum fund balance by a portion of any operating surplus above the carryover balance of$200,000 that remains in the General Fund at the close of each fiscal year. The City continued to add to the General Fund minimum balance when additional funds were available until 20 percent of Net General Fund Operating Cost was reached in Fiscal Year 2017. After all planned expenditures in FY 2021, the City of Dubuque will have a general fund reserve of 24.83% of general fund expenses as computed by the methodology adopted in the City's general fund reserve policy on a cash basis or 25.21% percent of general fund revenues as computed by the accrual basis methodology used by Moody's Investors Service. The general fund reserve cash balance is projected to be $17,166,567 on June 30, 2021 as compared to the general fund reserve balance on an accrual basis of$17,903,632 as computed by Moody's Investors Service.The general FY 2022 Budget & Fiscal Policy Guidelines Page 12 fund reserve balance on an accrual basis exceeds 22% in FY 2021, which is the margin of error used to ensure the City always has a general fund reserve of at least 20% as computed by Moody's Investors Service. The guideline of the City of Dubuque is to maintain a General Fund working balance or operating reserve of 20% (22% to maintain a margin of error of 2%) in FY 2022 and beyond. In Fiscal Year 2017, the City had projected reaching this consistent and sustainable 20% reserve level in Fiscal Year 2022. In fact, the City met the 20% reserve requirement in FY 2017, five years ahead of schedule and has sustained a greater than 20°/a reserve. General Fund Reserve Projections: . - . . . . - . . . . . FY2017 $ 600,000 $ 14,172,661 20.09 % FY2018 $ 1,700,000 $ 16,460,491 23.81 % FY2019 $ 1,050,000 $ 20,945,090 29.06 % FY2020 $ - $ 21,744,160 31.24 % FY2021 $ - $ 17,903,632 25.21 % FY2022 $ - $ 17,903,632 24.72 % FY2023 $ - $ 17,903,632 24.24 % FY2024 $ - $ 17,903,632 23.76 % FY2025 $ - $ 17,903,632 23.29 % FY2026 $ - $ 17,903,632 22.84 % * Capital projects and large equipment purchases that are not completed in the year budgeted will temporarily increase the amount of fund balance remaining at the end of the fiscal year. After resources are allocated to the next fiscal year to complete unfinished capital projects and equipment purchases, any amount of general fund reserve balance over 22% creates resources for additional capital projects or other mid-year expenses. R. USE OF UNANTICIPATED, UNOBLIGATED, NONRECURRING INCOME DISCUS� ON Occasionally, the City receives income that was not anticipated and was not budgeted. Often, this money is non-recurring and reflects a one-time occurrence which generated the unanticipated increase in income. Non-recurring income generally will not be spent on recurring expenses. This would result in a funding shortfall in the following budget year before even starting budget FY 2022 Budget & Fiscal Policy Guidelines Page 13 preparation. However, eligible non-recurring expenditures would include capital improvements and equipment purchases. Nonrecurring unobligated income shall generally only be spent for nonrecurring expenses. Capital improvement projects and major equipment purchases tend to be nonrecurring expenditures. S. USE OF "UNENCUMBERED FUND BALANCES" DISCUSSION Historically, 100% of a budget is not spent by the end of the fiscal year and a small unencumbered balance remains on June 30th. In addition, income sometimes exceeds revenue estimates or there are cost savings resulting in some unanticipated balances at the end of the year. These amounts of unobligated, year-end balances are "carried over" into the new fiscal year to help finance it. The FY 2021 General Fund budget, which went into effect July 1, 2020, anticipated a "carryover balance" of$200,000 or approximately 2 percent of the General Fund. For multi-year budget planning purposes, these guidelines assume a carryover balance of $200,000 in FY 2022 through FY 2026. Carryover General Fund balance shall generally be used to help finance the next fiscal year budget and reduce the demand for increased taxation. The available carryover General Fund balance shall be anticipated not to exceed $200,000 for FY 2022 and beyond through the budget planning period. Any amount over that shall usually be programmed in the next budget cycle as part of the capital improvement budgeting process. T. PROPERTY TAX DISCUSSION I. ASSUMPTIONS - RESOURCES 1. Local, Federal and State Resources a. Cash Balance. Unencumbered funds or cash balances of $200,000 will be available in FY 2022 and each succeeding year to support the operating budget. b. Sales Tax Revenue. By resolution, 50% of sales tax funds must be used in the General Fund for property tax relief in FY 2022. Sales tax receipts are projected to increase 22.60% over FY 2021 budget $2,112,016 and 1.85% over FY 2021 actual of $5,625,145 based on FY 2021 revised revenue estimate which includes a reconciliation payment from the State of lowa of$1,610,103 received in November 2020, increase FY 2022 Budget & Fiscal Policy Guidelines Page 14 1.85% percent to calculate the FY 2022 budget, and then increase at an annual rate of 1.85% percent per year beginning in FY 2023. The estimates received from the State of lowa show a 0.68% increase in the first payment estimated for FY 2022 as compared to the first payment budgeted for FY 2021. The following chart shows the past four years of actual sales tax funds and projected FY 2022 for the General Fund: . � . � � � i � � PY Q4 $ 748,108 $ 366,087 $ 355,027 $ 380,549 $ 419,551 Quarter 1 $ 1,080,294 $ 1,066,816 $ 1,124,105 $ 1,252,896 $ 1,390,714 Quarter 2 $ 1,109,978 $ 1,098,596 $ 1,149,881 $ 1,274,904 $ 1,415,144 Quarter 3 $ 939,923 $ 1,031,606 $ 971,871 $ 1,072,643 $ 1,190,634 Quarter4 $ 732,174 $ 700,312 $ 761,097 $ 839,102 $ 931,403 Reconciliation $ 77,018 $ 217,699 $ 219,332 $ 805,052 $ 381,500 Total $ 4,687,495 $ 4,481,116 $ 4,581,313 $ 5,625,146 $ 5,728,946 % Change +5.17% -4.61% +2.24% +22.78% +1.85% c. Hotel/Motel Tax Revenue. Hotel/motel tax receipts are projected to increase 2.00% $47,081 over FY 2021 budget and 37.82% over FY 2021 re-estimated receipts of $1,613,279, and then increase at an annual rate of 2.00% per year. d. FTA Revenue. Federal Transportation Administration (FTA) transit operating assistance is unchanged from $1,253,787 in FY 2021. The FY 2022 budget is based on the revised FY 2021 budget received from the FTA. Federal operating assistance is based on a comparison of larger cities. Previously the allocation was based on population and population density. e. Ambulance Revenue. Ambulance Ground Emergency Medical Transport Payments increased from $216,837 in FY 2021 to $947,176 in FY 2022. GEMT is a federally- funded supplement to state Medicaid payments to EMS providers transporting Medicaid patients which began in FY 2020. The FY 2021 Adopted budget was based on approximately 800 GEMT eligible calls and a Dubuque Fire Department specific rate of $275.95 per call. After the Fiscal Year 2021 budget was adopted, the Fire Department filed cost reports for 2018, 2019, and 2020 for uncompensated costs related to Medicaid calls. An exception to the policy for previously filed cost reports was approved during FY 2021 and the revised FY 2021 budget for GEMT revenue is $947,176 based on 800 GEMT eligible calls and a state average reimbursement rate of$1,183.97. For FY 2022, the reimbursement rate is based on the state average reimbursement rate of$1,184 per call and is based on 800 eligible calls. f. Miscellaneous Revenue. Miscellaneous revenue has been estimated at 2% growth per year over budgeted FY 2021. FY 2022 Budget & Fiscal Policy Guidelines Page 15 g. Building Fee Revenue. Building fees (Building Permits, Electrical Permits, Mechanical Permits and Plumbing Permits) are anticipated to decrease $89,990 from $808,886 in FY 2021 to $718,896 in FY 2022. h. DRA Revenue. Gaming revenues generated from lease payments from the Dubuque Racing Association (DRA) are estimated to increase $43,621 from $5,185,737 in FY 2021 to $5,229,358 in FY 2022 based on revised projections from the DRA. This follows a $198,633 increase from budget in FY 2021 and a $85,928 increase from budget in FY 2020. The following is a ten-year history of DRA lease payments to the City of Dubuque: � . . FY 2022 Projected $5,229,358 $103,450 2% FY2021 Revised $5,125,908 -$59,829 -1% FY2021 Budget $5,185,737 $1,223,741 31% FY2020Actual $3,961,996 -$1,187,192 -23% FY 2019 Actual $5,149,188 $293,177 6% FY 2018 Actual $4,856,011 $18,879 0% FY 2017 Actual $4,837,132 -$195,083 -4% FY 2016 Actual $5,032,215 -$155,297 -3% FY 2015 Actual $5,187,512 -$158,104 -3% FY 2014 Actual $5,345,616 -$655,577 -11% FY 2013 Actual $6,001,193 $3,305 0% FY 2012 Actual $5,997,888 -$345,242 -5% FY 2011 Actual $6,343,130 -$477,153 -7% The Diamond Jo payment related to the revised parking agreement decreased from $584,325 in FY 2021 to $570,596 in 2022 based on estimated Consumer Price Index adjustment. i. DRA Gaming. The split of gaming revenues from taxes and the DRA lease (not distributions) in FY 2022 remains at a split of 100% operating and 0% capital. When practical in future years, additional revenues will be moved to the capital budget from the operating budget. FY 2022 Budget & Fiscal Policy Guidelines Page 16 The following shows the annual split of gaming taxes and rents between operating and capital budgets from FY2017— FY2022: Split of Gaming Tax + Revenue Between Operating & Capital Budgets FY 2017 99% % FY 2018 97% 3% FY 2019 96% � FY 2020 95% FY 2021 100% � FY 2022 100% 0% —% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 110°/a Operating � Capital j. Diamond Jo Revenue. The Diamond Jo Patio lease ($25,000 in FY 2022) and the Diamond Jo parking privileges ($570,596 in FY 2022) have not been included in the split with gaming revenues. This revenue is allocated to the operating budget. 2. Property Taxes k. Residential Rollback. The residential rollback factor will increase from 55.0743% in 2021 to 56.4094% or a 2.42% increase in FY 2022. The rollback has been estimated to remain the same from Fiscal Years 2023 through 2026. The percent of growth from revaluation is to be the same for agricultural and residential property; therefore, if one of these classes has less than 3% growth for a year, the other class is limited to the same percent of growth. A balance is maintained between the two classes by ensuring that they increase from revaluation at the same rate. In FY 2022, agricultural property had more growth than residential property which caused the rollback factor to increase. FY 2022 Budget & Fiscal Policy Guidelines Page 17 The increase in the residential rollback factor increases the value that each residence is taxed on. This increased taxable value for the average homeowner ($80,666 taxable value in FY 2021 and $82,621 taxable value in 2022) results in more taxes to be paid per $1,000 of assessed value. In an effort to keep property taxes low to the average homeowner, the City calculates the property tax impact to the average residential property based on the residential rollback factor and property tax rate. In a year that the residential rollback factor increases, the City recommends a lower property tax rate than what would be recommended had the rollback factor remained the same. The residential rollback in Fiscal Year 1987 was 75.6481 percent as compared to 56.4094% percent in Fiscal Year 2022. The rollback percent had steadily decreased since FY 1987, which has resulted in less taxable value and an increase in the City's tax rate. However, that trend began reversing in FY 2009 when the rollback reached a low of 44.0803 percent. If the rollback had remained at 75.6481 percent in FY 2021, the City's tax rate would have been $7.27 per $1,000 of assessed value instead of$10.14 in FY 2021. I. State Equalization Order/Property Tax Reform. There was not an equalization order for commercial, industrial or multi-residential property in Fiscal Year 2022. The lowa Department of Revenue is responsible for "equalizing" assessments every two years. Also, equalization occurs on an assessing jurisdiction basis, not on a statewide basis. Commercial and Industrial taxpayers previously were taxed at 100 percent of assessed value; however due to legislative changes in FY 2013, a 95% rollback factor was applied in FY 2015 and a 90% rollback factor will be applied in FY 2016 and beyond. The State of lowa backfilled the loss in property tax revenue from the rollback 100% in FY 2015 through FY 2017 and the backfill was capped at the FY 2017 level in FY 2018 and beyond. The FY 2022 State backfill for property tax loss is estimated to be $926,782. Elements of the property tax reform passed by the lowa Legislature in 2013 have created a tremendous amount of uncertainty in the budget process. While the State has committed to provide some funding for the City revenue reductions caused by the decrease in taxable value for commercial and industrial properties, key legislators have been quoted in the media as casting doubt on the reimbursements continuing. Beginning in FY 2024, it is assumed that the State will eliminate the backfill over a five-year period. FY 2022 Budget & Fiscal Policy Guidelines Page 18 The projected reduction of State backfill revenue to the general fund is as follows: . . 2024 -$185,356 2025 -$185,356 2026 -$185,356 2027 -$185,357 2028 -$185,357 Total -$926,782 FY 2015 was the first year that commercial, industrial and railroad properties were eligible for a Business Property Tax Credit. The Business Property Tax Credit will be deducted from the property taxes owed and the credit is funded by the State of lowa. Eligible businesses must file an application with the Assessor's office to receive the credit with a deadline of January 15, 2021 for applications to be considered for FY 2022. The calculation of the credit is dependent on the number of applications that were received and approved statewide versus the amount that was appropriated for the fiscal year, the levy rates for each parcel, and the difference in the commercial/industrial rollback compared to residential rollback. In FY 2015, the lowa Legislature appropriated $50 million for FY15; $100 million for FY16; and $125 million for FY17 and thereafter. The estimated amount of value that will be used to compute the credit in FY 2015 is $33,000, FY 2016 is $183,220, FY 2017 is $255,857, FY 2018 is $266,340, FY 2019 is $231,603,FY 2020 is $251,788, and FY 2021 is $219,886. The basic formula is the value multiplied by the difference in rollbacks of commercial and residential property then divided by one thousand and then multiplied by the corresponding levy rate: _ (VALUE X (Commercial Rollback - Residential Rollback) = 1,000)) X Levy Rate The average commercial and industrial properties ($432,475 Commercial / $599,500 Industrial) will receive a Business Property Tax Credit from the State of lowa for the City share of their property taxes of $148 in FY 2015, $693 in FY 2016, $982 in FY 2017, $959 in FY 2018, $843 in FY 2019, $861 in FY 2020, and $779 in FY 2021. FY 2022 is project to be $742. Beginning in FY 2017 (July 1, 2016), new State legislation created a new property tax classification for rental properties called multi-residential, which requires a rollback, or assessment limitations order, on multi-residential property which will eventually equal the residential rollback. Multi-residential property includes apartments with 3 or more units. Rental properties of 2 units were already classified as residential property. FY 2022 Budget & Fiscal Policy Guidelines Page 19 m. Multi-Residential Property Class/Eliminated State Shared Revenue. The State of lowa will not backfill property tax loss from the rollback on multi-residential property. The rollback will occur as follows: - . . . � , � . . FY 2017 86.25% $331,239 FY 2018 82.50% $472,127 FY 2019 78.75% $576,503 FY 2020 75.00% $691,640 FY 2021 71.25% $952,888 FY 2022 67.50% $1,371,435 FY 2023 63.75% $1,293,125 FY 2024 56.41% $1,458,182 Total $7,147,139 *56.41% = Current residential rollback This annual loss in tax revenue of$1,371,435 in FY 2022 and $1,458,182 from multi-residential property when fully implemented in FY 2024 will not be backfilled by the State. From Fiscal Year 2017 through Fiscal Year 2024 the City will lose $7,147,139 in total, meaning landlords will have paid that much less in property taxes. The state did not require landlords to charge lower rents or to make additional investment in their property. In addition, the State of lowa eliminated the: a. Machinery and Equipment Tax Replacement in FY 2003 (-$200,000) b. Personal Property Tax Replacement in FY 2004 (-$350,000) c. Municipal Assistance in FY 2004 (-$300,000) d. Liquor Sales Revenue in FY 2004 (-$250,000) e. Bank Franchise Tax in FY 2005 (-$145,000) The combination of the decreased residential rollback, State funding cuts and increased expenses has forced the City's tax rate to increase since 1987 when the residents passed a referendum to establish a one percent local option sales tax with 50% of the revenue going to property tax relief. n. Taxable Value. FY 2022 will reflect the following impacts of taxable values of various property types: FY 2022 Budget & Fiscal Policy Guidelines Page 20 . . - . - . - . . Residential +3.54 % Commercial +1.65 % Industrial +0.72 % Multi-Residential +12.30 % Overall +3.48 % �`Overall taxable value increased 3.48% percent after deducting Tax Increment Financing values Assessed valuations were increased 2 percent per year beyond FY 2022. o. Riverfront Property Lease Revenue. Riverfront property lease revenue is projected to increase by $28,237 in FY 2022 due to the estimated consumer price index increase. 3. Fees, Tax Rates & Services p. Franchise Fees. Natural Gas franchise fees have been projected to increase zero percent over FY 2020 actual of$907,201. Also, Electric franchise fees have been projected to increase 5 percent over 2021 budget of$4,178,875. The franchise fee revenues are projected to increase at an annual rate of 4 percent per year from FY 2023 through FY 2026. The City provides franchise fee rebates to gas and electric customers who are exempt from State of lowa sales tax. Franchise fee rebates are provided at the same exemption percent as the State of lowa sales tax exemption indicated on the individual gas and or electric bill. To receive a franchise fee rebate, a rebate request form must be completed by the customer, the gas and/or electric bill must be attached, and requests for rebates for franchise fees must be submitted during the fiscal year in which the franchise fees were paid except for June. Natural Gas franchise fee rebates have been projected to decrease 17% under 2021 budget of$49,045 and Electric franchise fee rebates have been projected to increase 18% over 2021 budget of$590,850. The franchise fee charged on gas and electric bills increased from 3% to 5%, the legal maximum, on June 1, 2015. q. Property Tax Rate. For purposes of budget projections only, it is assumed that City property taxes will continue to increase at a rate necessary to meet additional requirements over resources beyond FY 2022. r. Police & Fire Protection. FY 2022 reflects the twelfth year that payment in lieu of taxes is charged to the Water and Sanitary Sewer funds for Police and Fire Protection. In FY 2022, the Sanitary Sewer fund is charged 0.43% of building value and the Water fund is charged 0.62% of building value, for payment in lieu of taxes for Police and Fire Protection. This revenue is reflected in the General Fund and is used for general property tax relief. FY 2022 Budget & Fiscal Policy Guidelines Page 21 II. ASSUMPTIONS — REQUIREMENTS a. Pension Systems. • The Municipal Fire and Police Retirement System of lowa (MFPRSI) Board of Trustees City contribution for Police and Fire retirement increased from 25.31% percent in FY 2021 to 26.18% percent in FY 2022 (general fund cost of$133,704 for Police and $59,244 for Fire or a total of$192,948). • The lowa Public Employee Retirement System (IPERS) City contribution is unchanged from the FY 2021 contribution rate of 9.44% (no general fund impact). The IPERS employee contribution is unchanged from the FY 2021 contribution rate of 6.29% (which does not affect the City's portion of the budget). The IPERS rate is anticipated to increase 1 percent each succeeding year. b. Collective Bargaining. The already approved collective bargaining agreements for Teamsters Local Union 120, Dubuque Professional Firefighters Association, and International Union of Operating Engineers in FY 2022 include a 3.00% employee wage increase. The already approved collective bargaining agreement for Teamsters Local Union 120 Bus Operators include a 3.25% employee wage increase.Non-represented employees include a 3.00% wage increase. Total cost of the wage increase is $1,161,505 to the General Fund. c. Health Insurance. The City portion of health insurance expense is projected to increase from $1,025 per month per contract to $1,086 per month per contract (based on 588 contracts) in FY 2022 (general fund cost of$297,186). The City of Dubuque is self-insured, and actual expenses are paid each year with the City only having stop-loss coverage for major claims. In FY 2017, The City went out for bid for third party administrator and the estimated savings has resulted from the new contract and actual claims paid with there being actual reductions in cost in FY 2018 (19.42%) and FY 2019 (0.35%). In addition, firefighters began paying an increased employee health care premium sharing from 10% to 15% and there was a 7% increase in the premium on July 1, 2018. During FY 2019, the City went out for bid for third party administrator for the prescription drug plan there has been savings resulting from the bid award. Based on FY 2021 actual experience, Fiscal Year 2022 is projected to have a 6% increase in health insurance costs. Fiscal Year 2022 projections include additional prescription drug plan savings of$219,256. Estimates for FY 2023 were increased 6%; FY 2024 were increased 7%; FY 2025 were increased 8%; and FY 2026 were increased 8%. d. Five-Year Retiree Sick Leave Payout. FY 2013 was the first year that eligible retirees with at least twenty years of continuous service in a full-time position or employees who retired as a result of a disability and are eligible for pension payments from the pension system can receive payment of their sick leave balance with a maximum payment of 120 sick days, payable bi-weekly over a five-year period. The sick leave payout expense budget in the General Fund in FY 2021 was $190,524 as compared to FY 2022 of $219,532, based on qualifying employees officially giving notice of retirement. FY 2022 Budget & Fiscal Policy Guidelines Page 22 e. 50% Sick Leave Payout. Effective July 1, 2019, employees over the sick leave cap can convert 50% of the sick leave over the cap to vacation or be paid out. The 50% sick leave payout expense budget in the General Fund in FY 2021 was $102,607 as compared to FY 2022 of $87,885, based on FY 2021 year-to-date expense. f. Parental Leave. Effective March 8, 2019, employees may use Parental leave to take paid time away from work for the birth or the adoption of a child under 18 years old. Eligible employees receive their regular base pay (plus longevity) and benefits for twelve weeks following the date of birth, adoption event or foster-to-adopt placement. If both parents are eligible employees, each receive the leave benefit. There is no parental leave expense budgeted in the General Fund based on departments covering parental leave with existing employees and not incurring additional cost for temporary help. f. Supplies & Services. General operating supplies and services are estimated to increase 2% over actual in FY 2020. A 2% increase is estimated in succeeding years. g. Electricity. Electrical energy expense is estimated to have a 5.74% increase over FY 2020 actual expense, then 2% per year beyond. h. Natural Gas. Natural gas expense is estimated to have no increase over FY 2020 actual expense, then 2% per year beyond. i. Travel Dubuque. The Dubuque Area Convention and Visitors Bureau contract will continue at 50% of actual hotel/motel tax receipts. j. Equipment & Machinery. Equipment costs for FY 2022 are estimated to decrease 5.27% under FY 2021 budget, then remain constant per year beyond. k. Debt Service. Debt service is estimated based on the tax-supported, unabated General Obligation bond sale for fire truck and franchise fee litigation settlement. I. Unemployment. Unemployment expense in the General Fund increased from $65,574 in FY 2021 to $83,819 in FY 2022 based on the average of the past two years. m. Motor Vehicle Fuel. Motor vehicle fuel is estimated to decrease 2% the FY 2021 budget, then increase 2.0% per year beyond. n. Motor Vehicle Maintenance. Motor vehicle maintenance is estimated to decrease 11% from the FY 2021 budget based on the replacement of Transit buses and other vehicles, then increase 2.0% per year and beyond. o. Public Transit. The decrease in property tax support for Transit from FY 2021 to FY 2022 is -$17,871, which reflects decrease in motor vehicle maintenance and diesel fuel (-$101,086); decrease in snow removal (-$36,495); decrease in machinery and FY 2022 Budget & Fiscal Policy Guidelines Page 23 equipment (-$35,977); increase in motor vehicle maintenance outsourced ($58,815), and decrease in private contributions related to the Night Rider Route ($84,280). p. Public Transit (continued): The following is a ten-year history of the Transit subsidy: Transit Subsidy History: • . . 2022 Pro'ection $1,617,570 1.09 % 2021 Bud et $1,635,441 4.94 % 2020 Actual $1,558,460 0.82 % 2019Actual $1,571,307 0.10 % 2018Actual $1,572,825 34.10 % 2017Actual $1,172,885 24.41 % 2016 Actual $942,752 13.20 % 2015Actual $1,086,080 30.33 % 2014 Actual $833,302 20.19 % 2013Actual $1,044,171 45.51 % 2012 Actual $717,611 33.48 % 2011 Actual $1,078,726 7.12 % q. Shipping & Postage. Postage rates for FY 2022 are estimated to increase 8% over FY 2020 actual expense and proposed cost increases by United States Postal Service. A 2.0 percent increase is estimated in succeeding years. r. Insurance. Insurance costs are estimated to change as follows: • Workers Compensation is increasing 2% based on FY 2020 actual expense. • General Liability is increasing 23% based on FY 2021 actual plus 23%. • Damage claims is increasing 20% based on a five year average. • Property insurance is increasing 16% based on FY 2021 actual plus 16%. s. Housing. The Housing Choice Voucher subsidy payment from the General Fund is estimated to decrease $160,172 in FY 2022 due to receiving the HUD grant to fund two positions for the Family Self-Sufficiency Program in calendar year 2021. In FY 2011, the City approved reducing the number of allowed Housing Choice Vouchers from 1,060 to 900 vouchers. This reduction in vouchers was estimated to reduce Section 8 administrative fees from HUD by $100,000 per year. However, in the transition, the number of vouchers dropped to 803 vouchers. HUD has based the Section 8 administrative fees for FY 2022 on the higher number of vouchers held in FY 2021 which has increased the amount of revenue received by the Section 8 program in FY 2022. The City is in the process of increasing the Section 8 Housing Vouchers to 1,096. t. Media Services Fund. The Media Services Fund no longer funds Police and Fire public education, Information Services, Health Services, Building Services, Legal FY 2022 Budget & Fiscal Policy Guidelines Page 24 Services, and City Manager's Office due to reduced revenues from the cable franchise. This is due to Mediacom's conversion from a Dubuque franchise to a state franchise in October 2009 which changed the timing and calculation of the franchise fee payments. Effective June 2020, Mediacom will no longer contribute to the Public, Educational, and Governmental Access Cable Grant (PEG) Fund, and after the balance in that fund is expended, the City will be responsible for all City Media Service equipment replacement costs. Other jurisdictions will need to plan accordingly. u. Greater Dubuque Development Corporation. Greater Dubuque Development Corporation support of$713,748 is budgeted to be paid mostly from Dubuque Industrial Center Land Sales in FY 2022, with $25,000 for True North strategy paid from the Greater powntown TIF. In FY 2023 and beyond Greater Dubuque Development Corporation will be paid from the Greater powntown TIF and Dubuque Industrial Center West land sales. PROPEF TAX IMPACT The recommended Fiscal Year 2022 property tax rate decreased 1.81% and will have the following impact: � � � , . . Pro ert Tax Rate $10.04956 $10.14400 -0.89% -$0.09 Avera e Residential Pa ment $781.57 $769.08 1.62% $12.49 Avera e Commercial Pa ment $3,169.30 $3,169.30 0.00% $0.00 Avera e Industrial Pro ert $4,679.97 $4,694.17 -0.30% -$14.20 Average Multi-Residential $1,780.10 $1,896.65 -6.15% -$116.55 Property Historical Impact on Tax Askings and Average Residential Property Tax Rates The following is a historical City tax rate comparison. The average percent change in tax rate from 1987-2022 is -0.98%. The average annual change over the last five years is -2.08%. The following pages show historical and projected property tax impacts. FY 2022 Budget & Fiscal Policy Guidelines Page 25 Historical Impacts on Tax Askings & Average Residential Property Tax Rates: Historical Impact on Tax Askings & Average Residential Property Tax Rates f % Change in Tax Rate City Tax Rate 6.00% $16.00 3.00% $14.00 —% $12.00 (3.00)% $10.00 (6.00)% $8.00 (9.00)°/a $6.00 (12.00)% $4.00 (15.00)% $2.00 (18.00)% $— f� 00 6� O r N M � � CO I� a0 6� O � N M � � CO f� 00 � O � N M � � CO I� a0 O� O � N Op 00 00 � � � 6� 6� O� � � � 6� O O O O O O O O O O � � r— � � � � � � � N N N � 6� 0� 6� � � 6) � � � W � � 00000000000000000000000 � � � � � � � � � � � � � N N N N N N N N N N N N N N N N N N N N N N N � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � LL LL L.L LL LL L.L L.L LL L.L L.L LL L.L LL LL L.L LL LL L.L LL LL LL LL L.L LL LL L.L L.L LL LL L.L LL LL LL LL L.L LL FY 2022 Budget & Fiscal Policy Guidelines Page 26 Historical City tax rates and % change in tax rate: . FY 1987 14.5819 FY 1988 13.9500 -4.33% FY 1989 11.8007 -15.41% FY 1990 11.6891 -0.95% FY 1991 12.2660 +4.94% FY 1992 12.7741 +4.14% FY 1993 12.4989 -2.15% FY 1994 12.6059 +0.86% FY 1995 11.7821 -6.54% FY 1996 11.7821 0.00°/a FY 1997 11.3815 -3.40% FY 1998 11.4011 +0.17% FY 1999 11.0734 -2.87% FY 2000 10.7160 -3.23% FY 2001 11.0671 +3.28% FY 2002 10.7608 -2.77% FY 2003 10.2120 -5.10% FY 2004 10.2730 +0.60% FY 2005 10.0720 -1.96% FY 2006 9.6991 -3.70% FY 2007 9.9803 +2.90% FY 2008 10.3169 +3.37% FY 2009 9.9690 -3.37% FY 2010 9.8577 -1.12% FY 2011 10.0274 +1.72% FY 2012 10.4511 +4.23% FY 2013 10.7848 +3.19% FY 2014 11.0259 +2.24% FY 2015 11.0259 0.00°/a FY 2016 11.0259 0.00°/a FY 2017 11.1674 +1.28% FY 2018 10.8922 -2.46% FY 2019 10.5884 -2.79% FY 2020 10.3314 -2.43% FY 2021 10.1440 -1.81% FY 2022 10.0496 -0.93% 1987 -2022 Average Change -0.98% 2018-2022 Average Change -2.08% FY 2022 Budget & Fiscal Policy Guidelines Page 27 From Fiscal Year 1987 through Fiscal Year 2022, the average annual change in the property tax rate is a decrease of 0.98°/o. Over the last five years, the average annual change in the property tax rate is a decrease of 2.08%. Projected Impacts on Tax Askings and Average Residential Property Tax Rates Project Impacts on Tax Askings & Average Residential Property Tax Rates 12.00% $16.00 6.00% $12.00 —% $8.00 (6.00)% $4.00 (12.00)% $— FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 % Change in Tax Rate City Tax Rate Projected City tax rates and % change in tax rate*: . FY 2022 10.0496 -0.93°/a FY 2023 10.8220 7.69% FY 2024 11.2619 4.06% FY 2025 11.8419 5.15% FY 2026 12.3401 4.21% �Significantly impacted by the budget projection that the State of lowa will begin eliminating the property tax backfill payments beginning in FY 2024. FY 2022 Budget & Fiscal Policy Guidelines Page 28 IMPACT ON AVERAGE RESIDENTIAL PROPERTY - EXAMPLE . � - � i i . . � . - . . - FY 1989 "Cit " Pro ert Tax $453.99 -11.40% -$58.39 FY 1990 "Cit " Pro ert Tax $449.94 -0.89% -$4.04 FY 1991* "Cit " Pro ert Tax* $466.92 +3.77% $16.98 FY 1992 "Cit " Pro ert Tax $483.63 +3.58% $16.71 FY 1993* "Cit " Pro ert Tax* $508.73 +5.19% $25.10 FY 1994 "Cit " Pro ert Tax $510.40 +0.33% $1.51 FY 1995* "Cit " Pro ert Tax* $522.65 +2.40% $12.41 FY 1996 "Cit " Pro ert Tax $518.10 -0.87% -$4.54 FY 1997* "Cit " Pro ert Tax* $515.91 -0.42% -$2.19 FY 1998 "Cit " Pro ert Tax $512.25 -0.71% -$3.66 FY 1999 "Cit " Pro ert Tax* $512.25 0.00% $0.00 FY 2000 "Cit " Pro ert Tax $511.38 -0.17% -$0.87 FY 2001 "Cit " Pro ert Tax $511.38 0.00% $0.00 FY 2002 "Cit " Pro ert Tax $511.38 0.00% $0.00 FY 2003 "Cit " Pro ert Tax* $485.79 -5.00% -$25.58 FY 2004 "Cit " Pro ert Tax $485.79 0.00% $0.00 With Homestead Ad'. $493.26 +1.54% $7.46 FY 2005 "Cit " Pro ert Tax* $485.93 +0.03% $0.14 With Homestead Ad'.* $495.21 +0.40% $1.95 FY 2006 "Cit " Pro ert Tax 1 $494.27 +1.72% $8.34 With Homestead Ad'. 1 $504.62 +1.90% $9.41 FY 2007 "Cit " Pro ert Tax� 2 $485.79 -1.72% -$8.48 With Homestead Ad'.* $496.93 -1.52% -$7.69 FY 2008 "Cit " Pro ert Tax $496.93 0.00% $0.00 With Homestead Ad'. $510.45 +2.72% $13.52 FY 2009 "Cit " Pro ert Tax $524.53 +2.76% $14.08 With Homestead Ad'. $538.07 +5.41% $27.62 FY 2010 "Cit " Pro ert Tax $538.07 0.00% $0.00 With Homestead Ad'. $550.97 +2.40% $12.90 FY 2011 "Cit " Pro ert Tax $564.59 +2.47% $13.62 With Homestead Ad'. 3 $582.10 +5.65% $31.13 FY 2012 "Cit " Pro ert Tax $611.19 +5.00% $29.09 With Homestead Adj. (3) $629.78 +8.19% $47.68 FY 2013 "City" Property Tax $661.25 +5.00% $31.47 With Homestead Adj. (3) $672.76 +6.82% $42.98 FY 2014 "City" Property Tax $705.71 +4.90% $32.95 FY 2022 Budget & Fiscal Policy Guidelines Page 29 � . - � i � . . � . - . . � . - . . - FY 2015 "City" Property Tax $728.48 +3.23% $22.77 FY 2016 "City" Property Tax $747.65 +2.63% +$19.17 FY 2017 "City" Property Tax $755.70 +1.08% $8.05 FY 2018 "City" Property Tax $755.70 0.00% $0.00 FY 2019 "City" Property Tax $770.17 +1.91% $14.47 FY 2020 "City" Property Tax $770.17 0.00% $0.00 FY 2021 "City" Property Tax $769.08 -0.14% -$1.09 Average FY1989-FY2021 with Homestead Adj. +1.30% +$7.78 Average FY2017-FY2021 with Homestead Adj. +0.57% +$4.29 Average FY1989-FY2020 without Homestead Adj. +0.75% +$4.79 The average annual dollar change in residential property tax from 1989-2021 is an increase of$7.78. The average annual dollar change over the last five years is an increase of$4.29. Projected impact on average residential property: - • • � . • � - . . � . . FY 2022 "City" Property Tax $781.57 -0.93% +$12.49 FY 2023 "City" Property Tax $841.64 +7.69% +$60.07 FY 2024 "City" Property Tax $875.85 +4.06% +$34.21 FY 2025 "City" Property Tax $920.96 +5.15% +$45.11 FY 2026 "City" Property Tax $959.70 +4.21% +$38.74 * Denotes year of State-issued equalization orders. ^ Impact to average homeowner if the State funds the Homestead Property Tax Credit at 62%. (1)The FY 2006 property tax calculation considers the 6.2% valuation increase for the average residential homeowner as determined by the reappraisal. (2) Offsets the impact of the State reduced Homestead Property Tax Credit in FY 2005 & 2006. (3)The City adopted a budget in FY 2011 and 2012 that provided no increase to the average homeowner. The State of lowa underfunded the Homestead Property Tax Credit in both years costing the average homeowner an additional $18.59 in FY 2012 and $11.51 in FY 2013. This provided no additional revenues to the City, as this money would have come to the City from the State if they appropriated the proper amount of funds. FY 2022 Budget & Fiscal Policy Guidelines Page 30 Homestead Property Tax Credit The Homestead Property Tax Credit was established by the state legislature to reduce the amount of property tax collected. The intent of the credit was to be a form of tax relief and provide an incentive for home ownership. The State Homestead Property Tax Credit works by discounting the tax collected on the first $4,850 of a property's taxable value. This has no impact on what the City receives from property tax collections, but provides tax relief for the average homeowner. Beginning FY 2004, the State of lowa did not fully fund the State Homestead Property Tax Credit resulting in the average homeowner paying the unfunded portion.Again, this has no impact on what the City receives, however as a result has caused the average homeowner to pay more taxes. Historical Percent of lowa Homestead Property Tax Credit Funded by the State of lowa 2003 100% 2004 85% 2005 81% 2006 78% 2007 77% 2008 73% 2009 72% 2010 72% 2011 64% 2012 62°/a 2013 78% 2014 100% 2015 100% 2016 100% 2017 100% 2018 100% 2019 100% 2020 100% 2021 100% 2022 100% —% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 110% � Percent Funded FY 2022 Budget & Fiscal Policy Guidelines Page 31 IMPACT ON COMMERCIAL PROPERTY - EXAMPLE . .• � . � . , � � , . . . � - . � . FY 1989 "City" Property Tax $2,106.42 -$384.19 -15.43% FY 1990 "City" Property Tax $2,086.50 -$19.92 -0.95% FY 1991 "City" PropertyTax $2,189.48 +$102.98 +4.94% FY 1992 "City" Property Tax $2,280.18 +$90.70 +4.14% FY 1993 "City" Property Tax $2,231.05 -$49.13 -2.15% FY 1994 "City" Property Tax $2,250.15 +$19.10 +0.86% FY 1995 "City" Property Tax $2,439.60 +$189.45 +8.42% FY 1996 "City" Property Tax $2,439.60 $0.00 0.00% FY 1997 "City" Property Tax $2,659.36 +$219.76 +9.01% FY 1998 "City" Property Tax $2,738.43 +$79.07 +2.97% FY 1999 "City" Property Tax $2,952.03 +$213.60 +7.80% FY 2000 "City" Property Tax $2,934.21 -$17.82 -0.60% FY 2001 "City" Property Tax $2,993.00 +$58.86 +2.00% FY 2002 "City" Property Tax $2,910.25 -$82.84 -2.76% FY 2003 "City" Property Tax $3,186.27 +$276.03 +9.48% FY 2004 "City" Property Tax $3,278.41 +$92.15 +2.89% FY 2005 "City" Property Tax $3,349.90 +$71.48 +2.18% FY 2006 "City" Property Tax (1) $3,152.52 -$197.38 -5.89% FY 2007 "City" Property Tax $3,538.03 +$385.50 +12.23°/o FY 2008 "City" Property Tax $3,688.64 +$150.62 +4.26% FY 2009 "City" Property Tax $3,554.71 -$133.94 -3.63% FY 2010 "City" Property Tax $3,524.48 -$30.23 -0.85% FY 2011 "City" Property Tax $3,585.16 +$60.68 +1.72% FY 2012 "City" Property Tax $3,736.64 +$151.48 +4.23% FY 2013 "City" Property Tax $3,855.96 +$119.32 +3.19% FY 2014 "City" Property Tax $3,942.14 +$86.20 +2.23% FY 2015 "City" Property Tax (2) $3,896.93 $147.72 -$45.21 -1.15% FY 2016 "City" Property Tax (3) $3,139.16 $692.62 -$757.77 -19.45% FY 2017 "City" Property Tax (4) $3,364.61 $982.19 +$225.45 +7.18% FY 2018 "City" Property Tax (5) $3,280.44 $959.11 -$84.16 -2.50% FY 2019 "City" Property Tax (6) $3,278.23 $843.08 -$2.21 -0.07% FY 2020 "City" Property Tax (7) $3,160.71 $860.57 -$117.52 -3.58% FY 2021 "City" Property Tax (8) $3,169.30 $779.03 +$8.59 +0.27% FY 1989-2021 Average Change +$20.57 +0.94% 2017-2021 Average Change +$6.03 +0.26% e o usiness rope y ax re i The average annual dollar change in commercial property taxes from 1989-2021 is a increase of$20.57. The average annual dollar change over the last five years is a increase of +$6.03. FY 2022 Budget & Fiscal Policy Guidelines Page 32 - • . � . • . - . . , - . . . . . . FY 2022 "City" Property Tax $3,169.30 $742.27 $0.00 +0.35% FY 2023 "City" Property Tax $3,412.89 $799.32 +$243.59 +3.63% FY 2024 "City" Property Tax $3,551.61 $831.81 +$138.72 +3.91% FY 2025 "City" Property Tax $3,734.54 $874.65 +$182.93 +5.15% FY 2026 "City" Property Tax $3,891.65 $911.45 +$157.11 +4.21% (1)The FY 2006 property tax calculation considers the 19.9% valuation increase for industrial property as determined by the reappraisal. (2)The Business Property Tax Credit was $148 and rollback to 95% in FY 2015. (3)The Business Property Tax Credit was $693 and rollback to 90% in FY 2016. (4)The Business Property Tax Credit was $982 and rollback to 90% in FY 2017. (5)The Business Property Tax Credit was $959 and rollback to 90% in FY 2018. (6)The Business Property Tax Credit was $843 and rollback to 90% in FY 2019. (7)The Business Property Tax Credit was $861 and rollback to 90% in FY 2020. (8)The Business Property Tax Credit was $779 and rollback to 90% in FY 2021. (9)The Business Property Tax Credit is estimated to be $742 and rollback to 90°/o in FY 2022. FY 2022 Budget & Fiscal Policy Guidelines Page 33 IMPACT ON INDUSTRIAL PROPERTY - EXAMPLE . _ • • • - • - � � • � . . � - . � . FY 1989 "City" Property Tax $5,900.35 -$1,074.65 -15.40% FY 1990 "City" Property Tax $5,844.55 -$55.80 -0.95°/o FY 1991 "City" Property Tax $6,133.00 +$288.45 +4.94% FY 1992 "City" Property Tax $6,387.05 +$254.05 +4.14% FY 1993 "City" Property Tax $6,249.45 -$137.60 -2.15°/o FY 1994 "City" Property Tax $6,302.95 +$53.50 +0.86% FY 1995 "City" Property Tax $5,891.05 -$411.90 -6.54°/o FY 1996 "City" Property Tax $5,891.05 $0.00 0.00% FY 1997 "City" Property Tax $5,690.75 -$200.30 -3.40°/o FY 1998 "City" Property Tax $5,700.56 +$9.81 +0.17% FY 1999 "City" Property Tax $5,536.70 -$163.86 -2.87°/o FY 2000 "City" Property Tax $5,358.00 -$178.70 -3.23°/o FY 2001 "City" Property Tax $5,533.00 +$175.00 +3.27% FY 2002 "City" Property Tax $5,380.42 -$152.58 -2.76°/o FY 2003 "City" Property Tax $5,106.00 -$274.42 -5.10°/o FY 2004 "City" Property Tax $5,136.50 +$30.50 +0.60% FY 2005 "City" Property Tax $5,036.00 -$100.50 -1.96°/o FY 2006 "City" Property Tax (1) $5,814.61 +$778.61 +15.46% FY 2007 "City" Property Tax $5,983.21 +$168.60 +2.90% FY 2008 "City" Property Tax $6,184.95 +$201.74 +3.37% FY 2009 "City" Property Tax $5,976.44 -$208.51 -3.37°/o FY 2010 "City" Property Tax $5,909.69 -$66.75 -1.12°/o FY 2011 "City" Property Tax $6,011.44 +$101.75 +1.72% FY 2012 "City" Property Tax $6,265.43 +$253.99 +4.23% FY 2013 "City" Property Tax $6,465.48 +$200.05 +3.19% FY 2014 "City" Property Tax $6,610.00 +$144.52 +2.24% FY 2015 "City" Property Tax (2) $6,131.80 $147.72 -$478.20 -7.23°/o FY 2016 "City" Property Tax (3) $5,256.41 $692.62 -$875.39 -14.28% FY 2017 "City" Property Tax (4) $5,043.36 $982.19 -$213.05 -4.05°/o FY 2018 "City" Property Tax (5) $4,917.78 $959.11 -$125.58 -2.49°/o FY 2019 "City" Property Tax (6) $4,869.91 $843.08 -$47.87 -0.97°/o FY 2020 "City" Property Tax (7) $4,713.76 $860.57 -$156.15 -3.21°/o FY 2021 "City" Property Tax (8) $4,694.17 $779.03 -$19.59 -0.42°/o FY 1989-2021 Average Change -$69.12 -1.04% 2017-2021 Average Change -$112.45 -2.23% e o usiness rope y ax re i The average annual dollar change in industrial property taxes from 1989-2021 is a decrease of $69.12. The average annual dollar change over the last five years is a decrease of $112.45. FY 2022 Budget & Fiscal Policy Guidelines Page 34 - . � • . . . � - � . . . . � FY 2022 "City" Property Tax $4,679.97 $742.27 -$14.20 -0.30% FY 2023 "City" Property Tax $5,039.67 $799.32 +$359.70 +7.69% FY 2024 "City" Property Tax $5,244.52 $831.81 +$204.85 +4.06% FY 2025 "City" Property Tax $5,514.63 $874.65 +$270.11 +5.15% FY 2026 "City" Property Tax $5,746.64 $911.45 +$232.01 +4.21% (1)The FY 2006 property tax calculation considers the 19.9% valuation increase for industrial property as determined by the reappraisal. (2)The Business Property Tax Credit was $148 and rollback to 95% in FY 2015. (3)The Business Property Tax Credit was $693 and rollback to 90% in FY 2016. (4)The Business Property Tax Credit was $982 and rollback to 90% in FY 2017. (5)The Business Property Tax Credit was $959 and rollback to 90% in FY 2018. (6)The Business Property Tax Credit was $843 and rollback to 90% in FY 2019. (7)The Business Property Tax Credit was $861 and rollback to 90% in FY 2020. (8)The Business Property Tax Credit was $779 and rollback to 90% in FY 2021. (9)The Business Property Tax Credit is estimated to be $742 and rollback to 90°/o in FY 2022. IMPACT ON MULTI-RE""'^"�.". """"^"�Y - EXA""". ^ � � • . - . � . FY 2015 "City" Property Tax $2,349.34 FY 2016 "City" Property Tax $2,225.69 -$123.65 -5.26% FY 2017 "City" Property Tax $2,160.39 -$65.30 -2.93% FY 2018 "City" Property Tax $2,015.48 -$144.91 -6.71% FY 2019 "City" Property Tax $1,870.21 -$145.27 -7.21% FY 2020 "City" Property Tax $1,737.92 -$132.29 -7.07% FY 2021 "City" Property Tax $1,896.65 +$158.73 +9.13% Average FY 2016-FY 2021 -$75.45 -3.34% The average annual dollar change for Multi-Residential property from FY 2015-FY 2021 is a decrease of$75.45 for a total savings of$452.69. - • • � . • � - . � FY 2022 "City" Property Tax $1,780.10 -$116.55 -6.15% FY 2023 "City" Property Tax $1,810.42 +$30.32 +1.70% FY 2024 "City" Property Tax $1,667.08 -$143.34 -7.92% FY 2025 "City" Property Tax $1,752.94 +$85.86 +5.15% FY 2026 "City" Property Tax $1,826.68 +$73.74 +4.21% eno es year o a e-issue equa iza ion or ers. FY 2022 Budget & Fiscal Policy Guidelines Page 35 Beginning in FY 2017 (July 1, 2016), new State legislation created a new property tax classification for rental properties called multi-residential, which requires a rollback, or assessment limitations order, on multi-residential property which will eventually equal the residential rollback. Multi-residential property includes apartments with 3 or more units. Rental properties of 2 units were already classified as residential property. The State of lowa will not backfill property tax loss from the rollback on multi-residential property. The rollback will occur as follows: - . . . . . 2017 86.25% $331,239 2018 82.50% $472,127 2019 78.75% $576,503 2020 75.00% $691,640 2021" 71.25% $952,888 2022 67.50% $1,371,435 2023 63.75% $1,293,125 2024 56.41% $1,458,182 Tota I $7,147,139 *55.07% = Current residential rollback ^ 17% State Equalization Order in FY 2021 This annual loss in tax revenue of$1,371,435 in FY 2022 and $1,458,182 from multi- residential property when fully implemented in FY 2024 will not be backfilled by the State. From Fiscal Year 2017 through Fiscal Year 2024 the City will lose $7,147,139 in total, meaning landlords will have paid that much less in property taxes. The state did not require landlords to charge lower rents or to make additional investment in their property. There were reappraisals done in Fiscal Year 2016 that may have increased the taxable value for the properties considered multi-residential; however, the overall assessments for multi-residential property has remained relatively flat except for twelve large properties that increased significantly. The assessed value for multi-residential properties in Fiscal Year 2017 did not increase and landlords began receiving tax breaks with their September 2016 tax payments. FY 2022 Budget & Fiscal Policy Guidelines Page 36 HISTORY OF INCREASES IN PROPERTY TAX ASKINGS � . � , . - . . . � . . - . FY 1989 $10,918,759 -12.00% -11.40% Sales Tax Initiated FY 1990 $10,895,321 -0.21% -0.89% FY 1991 $11,553,468 +6.04% +3.77% FY 1992 $12,249,056 +6.02% +3.58% FY 1993 $12,846,296 +4.88% +5.19% FY 1994 $13,300,756 +3.54% +0.33% FY 1995 $13,715,850 +3.12% +2.40% FY 1996 $14,076,320 +2.63% -0.87% FY 1997 $14,418,735 +2.43% -0.42% FY 1998 $14,837,670 +2.91% -0.71% FY 1999 $15,332,806 +3.34% 0.00% FY 2000 $15,285,754 -0.31% -0.17% FY 2001 $15,574,467 +1.89% 0.00% FY 2002 $15,686,579 +0.72% 0.00% FY 2003 $15,771,203 +0.54% -5.00% FY2004 $16,171,540 +2.54% 0.00% FY 2005 $16,372,735 +1.24% +0.03% FY 2006 $16,192,215 -1.10% +1.72% FY 2007 $17,179,994 +6.10% -1.72% FY 2008 $18,184,037 +5.84% 0.00% FY 2009 $18,736,759 +3.04% +2.76% FY 2010 $19,095,444 +1.91% 0.00% FY 2011 $19,878,962 +4.10% +2.47% FY 2012 $21,284,751 +7.07% +5.00% FY 2013 $22,758,753 +6.93% +5.00% FY 2014 $23,197,623 +1.93% +4.90% FY 2015 $24,825,015 +7.02% +3.23% FY 2016 $24,906,544 +0.33% +2.63% FY 2017 $26,375,291 +5.90% +1.08% FY 2018 $25,863,049 -1.94% 0.00% FY 2019 $26,494,205 +2.44% +1.91% FY 2020 $26,296,081 -0.75% 0.00% FY 2021 $26,202,568 -0.36% -0.14% Avera e FY 1989-2021 +2.81% +0.75% **Does not reflect State unfunded portion of Homestead Credit. FY 2022 Budget & Fiscal Policy Guidelines Page 37 IMPACT ON TAX ASKINGS AND AVERAGE RESIDENTIAL PROPERTY To maintain the current level of service based on the previous assumptions would require the following property tax asking increases: . . - . - . . . � . . . . � . � . � . . - . . - . - . . - FY 2021 $26,202,568 FY 2022 $26,630,342 +1.63% +1.62% +$12.49 FY2023 $29,162,508 +9.51% +7.69% +$60.07 FY 2024 $30,861,600 +5.83% +4.06% +$34.21 FY 2025 $32,907,331 +6.63% +5.15% +$45.11 FY 2026 $34,974,146 +6.28% +4.21% +$38.74 The recommended guideline is a 1.62% or $12.49 increase for the average residential property owner assuming the Homestead Property Tax Credit is fully funded. A one percent increase in the tax rate will generate approximately $268,434. These guidelines include $247,455 for recurring and $154,347 for non-recurring improvement packages. In order to achieve no increase to the average residential property owner, no improvement packages would be funded and the maintenance level budget would need to be reduced by $23,198. Senate File 634 passed during the 2019 legislative sessions, makes changes to lowa city and county budgets and taxes for Fiscal Year 2021 and later. Additional steps have been added to the budget approval process: 1. Determine a maximum amount of taxes that the municipality will certify to be levied as property taxes from certain levies in the next fiscal year (called the "total maximum property tax dollars"), and prepare a resolution that establishes that amount of"total maximum property tax dollars" for the next fiscal year. The "total maximum property tax dollars" includes taxes for city government purposes under section 384.1 (general fund levy), for the city's trust and agency fund for pensions under section 384.6, subsection 1, for the city's emergency fund under section 384.8, and for the levies authorized under certain subsections of section 384.12: subsection 8 (certain bridges), subsection 10 (maintenance of a municipal transit system or regional transit district), subsection 11 (leases of buildings to be FY 2022 Budget & Fiscal Policy Guidelines Page 38 operated as civic centers), subsection 12 (operating and maintaining a civic center), subsection 13 (planning a sanitary disposal project), subsection 17 (premiums for various insurance types), and subsection 21 (support of a local emergency management commission), but excludes additional approved at election under section 384.12, subsection 19. The maximum property tax dollars calculated and approved by resolution includes those amounts received by the municipality as replacement taxes under chapter 437A or 437B. 2. Set a time and place for a public hearing on the resolution. 3. Publish notice of the public hearing on the resolution in the newspaper(s) for official notices between 10 and 20 days prior to the public hearing. Additionally, if the municipality has a website, the notice must be posted on the website, and if the municipality maintains social media accounts, then the notice (or a link to the notice) must be posted on each social media account by the day of publication in the newspaper(s). Notice of the public hearing on the resolution must include: a. The sum of the current fiscal year's actual property taxes certified for levy under identified levies. b. The "effective tax rate" as defined in the code for those levies. c. The proposed maximum property tax dollars that may be certified for levy for the budget year under the identified levies. d. If the proposed maximum property tax dollars exceeds the current fiscal year's actual property tax dollars certified, a statement of the major reasons for the increase. 4. Hold a public hearing on the resolution, at which residents and property owners may present oral or written objections. 5. Following the public hearing, the governing body may decrease the proposed "maximum property tax dollars" amount but may not increase the amount. 6. Adopt the resolution. If the "total maximum property tax dollars" amount is greater than 102% of the current fiscal year's actual property taxes from the identified levies, then the resolution must pass the governing body by a two-thirds majority of the full City Council. FY 2022 Budget & Fiscal Policy Guidelines Page 39 CAPITAL IMPROVEMENT BUDGET GUIDELINES U. INTEGRATION OF CAPITAL RESOURCES To obtain maximum utilization, coordination and impact of all capital improvement resources available to the City, state and federal block and categorical capital grants and funds shall be integrated into a comprehensive five-year Capital Improvement Program (CIP) for the City of Dubuque. V. INTEGRITY OF CIP PROCESS The City shall make all capital improvements in accordance with an adopted Capital Improvement Program (CIP). If conditions change and projects must be added and/or removed from the CIP, the changes require approval by the City Council. W. RENOVATION AND MAINTENANCE Capital improvement expenditures should concentrate on renovating and maintaining existing facilities to preserve prior community investment. X. NEW CAPITAL FACILITIES Construction of new or expanded facilities which would result in new or substantially increased operating costs will be considered only if: 1) their necessity has been clearly demonstrated 2) their operating cost estimates and plans for providing those operating costs have been developed 3) they can be financed in the long term; and 4) they can be coordinated and supported within the entire system. Y. COOPERATIVE PROJECTS Increased efforts should be undertaken to enter mutually beneficial cooperative capital improvement projects with the county, school district and private groups. Examples include cost-sharing to develop joint-use facilities and cost-sharing to improve roads and bridges are examples. FY 2022 Budget & Fiscal Policy Guidelines Page 40 Z. USE OF GENERAL OBLIGATION BONDS DISCUSSION The lowa Constitution limits the General Obligation debt of any city to 5% of the actual value of the taxable property within the city. The lowa legislature has determined that the value for calculating the debt limit shall be the actual value of the taxable property prior to any "rollback" mandated by state statute. On October 15, 2012, the City Council adopted a formal Debt Management Policy for the City of Dubuque. Prior to adoption of the formal policy, the City had already been practicing much of the policy, although the formal policy included some new additions. The most significant components of the Debt Management Policy include an internal policy of maintaining the City's general obligation outstanding debt at no more than 95% (except as a result of disasters) of the limit prescribed by the State constitution as of June 30th of each year. It is projected as of June 30, 2021 the City will be at 45.72%. City will not use short-term borrowing to finance operating needs except in the case of an extreme financial emergency which is beyond its control or reasonable ability to forecast. Currently there is no such debt, and none will be recommended in this process. Bond Financing Stipulations • Recognizing that bond issuance costs (bond counsel, bond rating, and financial management fees) add to the total interest costs of financing: • Bond financing should not be used if the aggregate cost of projects to be financed by the bond issue is less than $500,000 • City will consider long-term financing for the construction, acquisition, maintenance, replacement, or expansion of physical assets (including land) only if they have a useful life of at least six years • City shall strive to repay 20 percent of the principal amount of its general obligation debt within five years and at least 40 percent within ten years. • The City shall strive to repay 40 percent of the principal amount of its revenue debt within ten years. Debt Service Payments Total annual debt service payments on all outstanding debt of the City shall not exceed 25% of total annual receipts across all the City's funds. As of June 30, 2021, it is projected the City will be at 8.80%. Internal Reserve It shall be the goal of the City to establish an internal reserve equal to maximum annual debt service on future general obligation bonds issued that are to be abated by revenues and not paid from ad-valorem property taxes in the debt service fund. This shall begin with debt issued after July 1, 2013. This reserve shall be established by the fund or revenue source that expects to abate the levy, and shall be carried in said fund or revenue source on the balance sheet as a restricted reserve. This reserve does not FY 2022 Budget & Fiscal Policy Guidelines Page 41 exist now, except where required by bond covenants. This internal reserve would be implemented by adding the cost of the reserve to each debt issuance. General Obligation Debt Fiscal Year 2021 Debt FY 2021 Debt Limit: The FY 2019 assessable value of the community for calculating the statutory debt limit is $4,754,765,065, which at 5%, indicates a total General Obligation debt capacity of$237,738,253. Based on Outstanding G.O. debt (including tax increment debt, remaining payments on economic development TIF rebates, and general fund lease agreement) on June 30, 2021 will be $109,412,712 (45.72% of the statutory debt limit) leaving an available debt capacity of$129,885,536 (49.78%). In FY 2020 the City was at 50.22% of statutory debt limit, so 45.72% in FY 2021 is a 8.95% decrease in use of the statutory debt limit. It should be noted that most of the City of Dubuque's outstanding debt is not paid for with property taxes (except TIF), but is abated from other revenues. Exceptions include one issuance for the replacement of a Fire Pumper truck in the amount of $1,410,000 with debt service of$64,800 in FY 2021 and one issuance for the franchise fee litigation settlement in the amount of $2,800,000 with debt service of$135,000 in FY 2021. Included in the debt is $5,998,977 of property tax rebates to businesses creating and retaining jobs and investing in their businesses. Statutory Debt Limit . � - . � . . � - . . - . , � - . . � . . 2020 $227,661,474 $114,324,749 50.22% 2021 $239,298,248 $109,412,712 45.72% 2022 $241,616,084 $107,921,270 44.67% FY 2022 Budget & Fiscal Policy Guidelines Page 42 Fiscal Year 2022-2026 Five-Year Capital Im�rovement Program Debt The City will issue $54,053,140 in new debt in the recommended 5-year CIP, mostly for fire truck and pumper replacements, fire station expansion, road improvements, sanitary sewer improvements, water improvements, additional downtown parking, and maintenance of Five Flags. Project FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Total Airport Rehab Taxiway A $ 577,000 $ 283,000 $ 860,000 Downtown Parking Ramp GDTIF $ 4,050,000 $ 9,078,000 $ 6,000,000 $19,128,000 Finance General Ledger Software $ — Fire HVAC Headquarters $ 169,184 $ 84,894 $ 254,078 Fire Ladder& Pumper $ 1,582,154 $ 425,460 $ 433,000 $ 2,440,614 Fire Station Expansion $ 700,620 $3,194,028 $ 3,894,648 Five Flags GDTIF $ 5,750,000 $ 5,750,000 Riverfront Docks/Property Acquisition GDTIF $ 1,300,000 $ 1,300,000 Smart Parking GDTIF $ 222,000 $ 450,000 $ 672,000 Solid Waste Collection Vehicles $ 175,000 $ 235,000 $ 55,000 $ 265,000 $ 106,000 $ 836,000 Sanitary Sewer Projects $ 5,170,303 $ 4,224,310 2871401 4700000 1296786 $18,262,800 Water Projects $ 655,000 $ 655,000 Total New Debt $12,277,457 $14,583,494 $15,763,755 $6,381,620 $5,046,814 $54,053,140 In addition, the City will access $3,424,668 of previously issued state revolving fund loans as the related capital improvement projects progress. The draw down on these previously issued loans is as follows: FY FY FY FY FY Project 2022 2023 2024 2025 2026 Total Stormwater Upper Bee Branch Rail Road $ 2,394,668 $ 2,394,668 Water CIWA Purchase& Improvements $ 1,030,000 $ 1,030,000 Total Draw Downs $ 3,424,668 $ — $ — $ — $ — $ 3,424,668 FY 2022 Budget & Fiscal Policy Guidelines Page 43 The City will retire $96,569,252 of existing debt over the next five-years (FY22- FY26).The following chart shows the net reduction of debt from Fiscal Year 2022 - Fiscal Year 2026: FY FY FY FY FY Project 2022 2023 2024 2025 2026 Total New Debt $ 12,277,457 $ 14,583,494 $ 15,763,755 $ 6,381,620 $ 5,046,814 $ 54,053,140 Previously Issued SRF Draw Downs $ 3,424,668 $ — $ — $ — $ — $ 3,424,668 Retired Debt -$16,890,599 -$18,413,294 -$19,666,659 -$20,461,290 -$21,137,410 -$96,569,252 Net Debt Reduction -$1,188,474 -$3,829,800 -$3,902,904 -$14,079,670 -$16,090,596 -$39,091,444 Outstanding General Obligation (G.O.) debt on June 30, 2022 is projected to be $107,921,270 (44.67% of the statutory debt limit), leaving an available debt capacity of $133,694,813 (55.33%). In Fiscal Year 2016, the City was at 86.13% of statutory debt limit, so 44.67°/a in Fiscal Year 2022 is a 41.46% decrease in use of the statutory debt limit. The City also has debt that is not subject to the statutory debt limit, such as revenue bonds. Outstanding revenue bonds payable by water, sewer, parking and stormwater fees, will have a balance of$146,790,767 on June 30, 2022 . The total City indebtedness as of June 30, 2022, is projected to be $254,712,037 (44.67% of statutory debt limit). The total City indebtedness as of June 30, 2016, was $295,477,641 (86.13% of statutory debt limit). The City is projected to have $39,958,904 less in debt as of June 30, 2022. The combination of reduced debt and increased utility rates partially reflects the movement to a more "pay as you go" strategy, which could lead to larger tax and fee increases than with the use of debt. FY 2022 Budget & Fiscal Policy Guidelines Page 44 The following chart shows the amount of retired debt as compared to new debt. The new debt includes new debt issuances as well as draw downs on existing state revolving fund loans: * Retired Debt Versus New Debt (In Millions) $25 $23.4 $22.4 $21.1 $21.2 $21.6 $21.6 $20 $19.7 $20.5 $18.1 $18.4 $18.7 $17.4 $17.1 $16.9 $16.4 $17.8 ' � $15 $14.3 � � $14.8 $14.6 0 = 0 � 1 $10 6.4 5.0 $5 1.0 1.0 1.0 1.0 1.0 $0 C4 f� ap � O � N M � � (D f� 00 � O � � � � N N N N N N N N N N M M L.}L L.}L L.L L.L LL L�L L�L L�L LL L�L L�L L�L L}L L.}L L�L L.�L � Retired Debt � New Debt *In Fiscal Year 2020, the City had $5,908,200 forgiven of the Bee Branch Upper Bee Branch Loan on June 30, 2020 which increased principal payments reflected. FY 2022 Budget & Fiscal Policy Guidelines Page 45 Statutory Debt Limit Used (as of June 30th) 100%gp% o 87/o 82% 79% 79% 0 86% go/p 72% 74% 70% o 0 75/0 66/0 66/o 63% 62% 56% 50°/a o 50% 46/0 45% 44% 45% o 40/0 37% 33°/a 29% 25% 21% 25% 18% —% TI TI TI TI TI T TI �'I TI �'I TI TI TI TI TI TI TI � � � � � � � � � � � � � � � � � � j � � � N W N N N N N N N N W W C17 � V 0� <D O � N W A C77 01 V 00 <O O � _ FY16 Adopted f FY22 Recommended The City also has debt that is not subject to the statutory debt limit. This debt includes revenue bonds. Outstanding revenue bonds payable by water, sewer and stormwater fees on June 30, 2022 will have a balance of $146,790,767. The total City indebtedness as of June 30, 2022, is projected to be $254,712,037. The total City indebtedness as of June 30, 2021, was $255,296,689. In FY 2022, the City will have a projected $(584,652) or (0.23)% more in debt. The City is using debt to accomplish necessary projects and to take advantage of the attractive interest rates in the current market. The following chart shows Dubuque's relative position pertaining to use of the statutory debt limit for Fiscal Year 2022 compared to the other cities in lowa for Fiscal Year 2020 with a population over 50,000: FY 2022 Budget & Fiscal Policy Guidelines Page 46 Fiscal Year 2020 Legal Debt Limit Comparison for Eleven Largest lowa Cities Rank City Legal Debt Limit Statutory Debt Percentage of Legal (5%) Outstanding Debt Limit Utilized 11 Sioux City $ 234,052,896 $ 149,054,999 63.68 % 10 Des Moines $ 633,944,619 $ 399,100,000 62.96 % 9 Davenport $ 362,087,372 $ 207,415,000 57.28 % 8 Waterloo $ 198,578,109 $ 106,207,641 53.48 % 7 Cedar Rapids 583,572,883 286,435,000 49.08 % 6 W. Des Moines $ 414,397,845 $ 203,180,000 49.03 % 5 Dubuque (FY22) $ 241,616,084 $ 108,727,970 45.00 °/a 4 Ankeny $ 303,268,096 $ 122,095,000 40.26 % 3 Ames $ 242,136,755 $ 64,305,000 26.56 % 2 Council Bluffs $ 256,079,718 $ 57,043,627 22.28 % 1 lowa City $ 306,678,510 $ 68,160,000 22.23 % Average w/o Dubuque 44.68 % Percent of Legal Debt Limit Utilized so�io 62.96% 63.68% 60% 57.28% 53.48% 44.68% 45.00% 47.37% 49.03% 40.26% 40% 26.56% 22.23% 22.28% 20% � � � 0% o�aG��.� G\����5 P�eS P��e�� P�e�a�,e e��yry`L� ��a,��a5 y�o\�e5 �a�e��o° a�e�,�o� ��o\�e5 `o��G��.� � Go�� O J��Q� Geda ��e O �e 5 Dubuque ranks as the fifth lowest of the use of statutory debt limit of the 11 cities in lowa with a population over 50,000 and Dubuque is slightly above the average of the other Cities. FY 2022 Budget & Fiscal Policy Guidelines Page 47 Total Debt (In Millions) $324 $302.3 $297 $290.1 $282.0 $279.9 $295.5 $270 $285.5 L $265.6 $267.4 $275.1� $255.3 $255.9 �251.5 $264.9 $248.2 $243 $252.5 $254.7 $234.7 � $244.3 $241.4 $219.1 � $216 $226.2 199.3 � $189 179.0 $162 158.8 137.4 $135 $108 $119� FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY16 Adopted � FY22 Recommended By the end of the recommended 5-Year Capital Improvement Program (CIP) budget the total amount of debt for the City of Dubuque would be $219.1 million (37% of the statutory debt limit) and the projection is to be at $119.5 million (18% of statutory debt limit) within 10 years. Part of the City's FY 2014 debt was in the form of a grant from the lowa Flood Mitigation Program. Through a new state program, the City is able to issue $28.25 million in revenue bonds payable from the 5 percent State Sales Tax increment for projects in the Bee Branch Watershed allowing the City to complete the Bee Branch Creek Restoration, construct permeable alleys, replace the Bee Branch flood gates, complete North End Storm Sewers, construct a Flood Control Maintenance Facility, install Water Plant Flood Control and complete 17t" Street Storm Sewer over the next twenty years. As we approach the preparation of the FY 2022-2026 Capital Improvement Program (CIP) the challenge is not the City's capacity to borrow money but (a) how to identify, limit, and prioritize projects which justify the interest payments and; (b) how to balance high-priority projects against their impact on the property tax rate. FY 2022 Budget & Fiscal Policy Guidelines Page 48 There are many high priority capital improvement projects which must be constructed during the FY 2022 - FY 2026 period. The reductions in DRA rent and distribution over the years may impact the need to borrow for projects. As in the past, debt will be required on several major capital projects, including the Bee Branch Watershed Project, Airport Improvements, Park Improvements, Sidewalk and Street Improvements, Sanitary Sewer Fund, Parking Fund, and Water Fund. In FY 2022 - FY 2026, borrowings will also include smaller projects and equipment replacements such as Park developments and Public Works equipment. These smaller borrowings will be for a term not exceeding the life of the asset and not less than six years in accordance to the Debt Management Policy. Alternative sources of funds will always be evaluated (i.e. State Revolving Loan Funds) to maintain the lowest debt service cost. AA. ROAD USE TAX FUND DISCUSSION Actual Road Use Tax Fund receipts are as follows: Road Use Tax (In Millions) FY 2010 $5.1 FY 2011 $5.2 FY 2012 $5.5 FY 2013 $5.5 FY 2014 $5.7 FY 2015 $6.0 FY 2016 $7.1 FY 2017 $7.2 FY 2018 $7.3 FY 2019 $7.5 FY 2020 $7.4 $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $7.0 $8.0 The FY 2021 budget was based on receiving $7,445,877 in Road Use Tax funds. In FY 2021, 90% of the Road Use Tax income is in the operating budget. The State of lowa increased the gas tax 10 cents per gallon in FY 2016. With increases in City DMATS and State Road Use Tax funds, the City will be able to substantially add to the number of street lights and continue with major road improvements such as North Cascade Road, Central Avenue, and White Street. FY 2022 Budget & Fiscal Policy Guidelines Page 49 It is preferable to shift Road Use Tax funds to the capital budget for street maintenance and repair to reduce the need to borrow funds for routine street maintenance and improvements. This shift cannot occur until there are increased revenues or reduced expense that would allow this shift without a property tax impact. BB. COMMERCIAL AND INDUSTRIAL DEVELOPMENT Current City, commercial and industrial development efforts should be continued to (a) preserve current jobs and create new job opportunities and (b) enlarge and diversify the economic base. Financing these efforts and programs should continue to be a high priority. CC. HOUSING To maintain an adequate supply of safe and decent housing, the City should strive to preserve existing single family and rental housing that is not substandard and provide opportunities for development of new housing, including owner occupied, within the City's corporate limits for all residents, particularly for people of low and moderate income. Workforce rental housing is becoming increasingly important and the City provides incentives for building rehabilitations. DD. SALES TAX C � �E Sales Tax revenue shall be used according to the following split: Sales Tax 50%: Property Tax Relief � Sales Tax 30%: (a)The reduction by at least 75% of street special assessments. ��� (b)The maintenance and repair of streets. �0°�'0 Sales Tax 20%: (a)The upkeep of City-owned property such as sidewalks, steps, storm ��o-�� sewers, walls, curbs, traffic signals and signs, bridges, buildings, and facilities (e.g.Airport, Five Flags Center, Library, Law Enforcement Center, City Hall, Fire Stations, Parks, and Swimming Pools). (b)Transit equipment, such as buses (c) Riverfront and wetland development (d) Economic Development Projects EE. NET CASH PROCEEDS (SURPLUS DISTRIBUTION) FROM THE DUBUQUE RACING ASSOCIATION DISCUSSION FY 2022 Budget & Fiscal Policy Guidelines Page 50 The contract with the Dubuque Racing Association calls for distribution at the end of its fiscal year, December 31St, of 50 percent of its net cash operating funds to the City of Dubuque. In early-February, the City receives payment of proceeds to be distributed. These proceeds are then allocated for capital improvements, with the highest priority given to reducing the City's annual borrowing. The Dubuque Racing Association provides the City with projections of future distributions. Since gaming is a highly volatile industry, the estimates are discounted prior to including them in the City's Five-Year CIP. Consistent with past use of DRA distributions, 100% of the February 2022 projections of operating surplus have been anticipated as resources to support the Fiscal Year 2022 capital improvement projects. The estimates received from the DRA will be reduced by 5 percent for FY 2024 resources, 10 percent for FY 2025, and 15 percent for FY 2026 resources, to provide a margin of error in case the estimates are not realized. In Fiscal Year 2022, the City anticipates distribution of a significant amount of net cash proceeds for use in the Capital Improvement Program. These amounts will be budgeted in the Five-Year CIP in the year they are received and will be used to reduce required General Obligation borrowing. The three out-years will be discounted by 5 percent, 10 percent, and 15 percent respectively. FF. EMPHASIS ON INITIATIVES THAT REDUCE FUTURE OPERATING BUDGET EXPENSE Capital improvement expenditures that will reduce future maintenance and operating expense will receive priority funding and these types of initiatives will be encouraged in all departments and funding sources as a means of maximizing the use of available resources. This emphasis reflects fiscally responsible long-range planning efforts. GG. USE OF GAMING-RELATED RECEIPTS ^�SCUSSION On April 1, 2004, a new lease took effect with the Dubuque Racing Association for lease of the Dubuque Greyhound Park and Casino. This new lease was negotiated after the FY 2005 budget was approved and raised the lease payment from '/2% of coin-in to 1% of coin-in. This new lease and the expansion of gaming at Dubuque Greyhound Park and Casino, from 600 gaming positions to 1,000 gaming positions, effective August 1, 2005, provided additional revenues to the City of Dubuque. FY 2022 Budget & Fiscal Policy Guidelines Page 51 The following shows the historical split of DRA gaming taxes and rents between the City's operating and capital budgets: Split of DRA Gaming Taxes & Rents Between Operating & Capital Budgets 125% — 100% — 50% 25% 24% 15% 14% 10% 3% —% 1% 3% 4% 4% —% —% 2% 3% 4% 5% 75% , � � � � � � � � � � � � � � � � 50% — 0 97% 100% 99% 97% 96% 96% 100%100% 98% 97% 96% 95% 75% 76% 85% 87% 90/o 25% — 50% � � � � � � , , , , � , , , , , -% - ��oD� ��oh ��o����p ��,�� ���� ��,�h�-l��M ��,�1 ��,�4� ���� ���,o ���� ����, ���� ���D� ���h ���� Operating Capital Notable Changes: *FY 2010 The operating portion of the split now includes the debt service required on the 2002 general obligation bonds for the America's River Project that was previously considered as part of the capital portion of the DRA lease. Debt obligations are considered a continuing annual expense and are more accurately reflected as part of the operating portion of the DRA lease. **FY 2016 A reduction in revenue in the Greater powntown TIF urban renewal area resulted in reduced revenues to make debt payments and it was necessary for the general fund to support $84,104 in FY 2015 and $78,242 in FY 2016 of debt service payments, which were funded by reducing the amount of gaming revenues from taxes and DRA lease that goes to capital recommended in FY 2016. The Diamond Jo expanded to a land-based barge casino facility and increased to 1,100 slots on December 1, 2008. This expansion was projected to decrease the Q gaming market and correspondingly the coin-in by just over 21 percent. Based on the projected market share loss, the City did not receive a distribution of cash flows from the Dubuque Racing Association (DRA) in Fiscal Years 2009 and 2010. DRA distributions restarted in FY 2011 instead of the projected year of FY 2012. FY 2022 Budget & Fiscal Policy Guidelines Page 52 The reduction in the DRA's market impacts the City's lease payment from the DRA. The current lease requires the DRA to pay the City 1 percent of coin in from slot machines and 4.8 percent of gross revenue from table games. The following chart shows the impact of the reduction of lease payments on the City's five-year projections based on revised projections from the DRA each year: . . . - . � � . . 2009-2013 -$7,000,000 2010-2014 -$4,800,000 2011-2015 -$1,000,000 2012-2016 -$3,200,000 2013-2017 -$2,900,000 2014-2018 No Chan e 2015-2019 -$3,200,000 2016-2020 -$3,100,000 2017-2021 -$1,300,000 2018-2022 -$1,400,000 2019-2023 $308,076 2020-2024 $131,141 2021-2025 +$675,306 2022-2026 -$436,956 Total Im act -$27.2 Million From FY 2009 thru FY 2026, the City's lease payments have been reduced $27.2 Million. In Calendar Year 2020, gross gaming revenues were down 24.3% for the DRA and the Diamond Jo was down -26.9%. Due to COVID, both casinos in the market were closed from March 17, 2020 to May 31, 2020. The DRA showed decreases in hotel room revenue, food, and beverage sales and entertainment ticket sales. The lowa Legislature passed Sports Betting Legislation in June 2019. DRA started Retail (On-Site) on August 27, 2019 with Mobile Wagering starting on November 12, 2019. Diamond Jo Casino partnered with Betfair Interactive US LLC (FanDuel Sportsbook) and they started Sports Betting Retail in September 2019 and Mobile Wagering in September 2020. DRA had $562,601 in Sports Book revenue and $16,141,637 in Sports Betting handle during 2020. With an amended lease, the City began receiving 0.5% of the handle from Sports Betting in FY 2021. The current Dubuque market is approximately $88 million annually in 2020 down from the $120 million market in 2019. DRA share of the market was 42.7% in 2020 and 41.2% in 2019. The DRA has projected a 21% increase in gross gaming revenue for Calendar Year 2021. The DRA projects Sports Betting revenue in 2021 of $760,271. The DRA gaming projections include minimal growth in revenues over the next five FY 2022 Budget & Fiscal Policy Guidelines Page 53 years with a growth rate of 2.4% in FY 2022, a growth rate of 2.1% in FY 2023, and a growth rate of 0.5% in FY 2024 and beyond. During 2019, Illinois passed legislation regarding six additional casinos, Sports Betting and increased Video Lottery Terminals (VLT) through the state. The casino license issued for Rockford will be the closest. The Rockford City Council voted on October 7, 2019 to certify the Hard Rock Casino as the city's choice for a new casino. On October 28, 2020, the Illinois Gaming Commission delayed its decision to approve the license for the new Rockford casino stating that they would need upwards of six months to make a final ruling. The Hard Rock Casino plans construction of a $330M casino and hotel. Construction will last approximately 18 to 24 months. Sport Betting in Illinois was approved in June 2019 with the first Retail Sports Book going live on March 9, 2020 and Mobile Sports Wagering going live on June 18, 2020. Illinois is allowing an increase in the number of VLT's per location from 5 to 6. Currently in the five counties in Illinois between Dubuque and Rockford, there are approximately 400 locations with 2076 VLT's. Each able to increase by one additional machine or a 20% increase in the number of terminals in this area. The terminals in this five county area had revenue of $120M in 2019, similar to the amount wagered in the Dubuque market. The 50¢ per patron tax previously received from the Diamond Jo was replaced by a $500,000 fixed payment based on their revised parking agreement which expires June 16, 2029. The riverboat related tax on bets increased from $344,400 in FY 2021 to $304,000 in FY 2022.