Dollars & Cents Public Information Brochure Copyrig hted
November 16, 2020
City of Dubuque Consent Items # 5.
City Council Meeting
ITEM TITLE: Dollars & Cents Public Information Brochure
SUM MARY: City Manager providing a copy of the Fiscal Year 2021 Dollars & Cents
public information brochure.
SUGGESTED Suggested Disposition: Receive and File
DISPOSITION:
ATTACHMENTS:
Description Type
Dollars and Cents FY21 Brochure Supporting Documentation
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� • � • • Dubuque has the LOWEST FY2021 property tax rate
($10.14 per thousand assessed value) of lowa's 11
� � � � � � cities with populations 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
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�i• i- �i• ��- Sa
� . • �'' � $6 � , �
� I 1 � 1 1 $4
Residential $1.09 less 0.14% decrease
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Commercial $104.45 less 3.30% decrease
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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 (Des Moines,* $18.38) is 18°/a higherthan Dubuque
' "- • Average of other 10 cities ($15.15) is 41% higherthan 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%). • � •
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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.
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�- �.� - - - . .
� : $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
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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
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Total Debt (in millions) s�� � ���''- --=?=� -''_ - -
Debt is being issued each year,but more is �` `�""�� �`" � � ' - =-
being retiretl than issuetl. -_= -
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$aoo $261 �; � ,;` _— ' =
a"* � ,r.
I.'::�� � ^0 1� �I�y �����p���� �
$zso $236 - _
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Szoo • t� � -..� �, ,� ;
$135 1�4 �~�'�„�' `'`-r�`," � �
S,so +!�I,l� ` `�i :{ .+r-.r
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$ioo ' .
+FY2021 ° m — "`
$50 � s.�.` �. —r �'+':cr; .'
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+!y.t��4 � �:�1
$0 36��s�'� �i a, °_
_—�s r
FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 �� - -
-. _ �-'•�a,.�-:.,� .
C, .:.>_,,,,,� �c.,=, . . . .,..�:. .
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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
CM026-103020