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Economic Development Fiscal Year 2016 Budget PresentationCopyright 2014 City of Dubuque Public Hearings # 5. ITEM TITLE: Economic Development Department Fiscal Year 2016 Budget Presentation SUMMARY: SUGGESTED DISPOSITION: ATTACHMENTS: Description ❑ Economic Development FY16 Recommended Budget Type Supporting Documentation Economic Development -146- ECONOMIC DEVELOPMENT DEPARTMENT Budget Highlights Employee Expense Supplies and Services TIF Rebate Payments Equipment Administrative Recharges Subtotal Debt Service Total Charges by Fund TIF Charges UDAG Charges DICW Land Sales Hotel/Motel Tax (50%) Administrative OH Recharges & Reimbursements Miscellaneous Revenue Total Property Tax Support Percent Increase (Decrease) Personnel - Authorized FTE FY 2013/14 Actual 359,118 1,824,340 3,460,353 6,000 5,649,811 3,299,214 8,949,025 6,759,567 267,613 924,844 235,698 21,260 8,208,982 740,043 4.50 FY 2014/15 Adopted 401,595 2,000,776 4,128,097 6,000 6,536,468 4,178,414 10,714,882 8,389,535 75,000 275,653 979,677 446,434 20,400 10,186,699 528,183 4.50 FY 2014/15 Amended 376,023 2,006,792 4,142,014 6,000 6,530,829 4,178,414 10,709,243 8,403,452 75,000 275,653 979,677 446,434 20,400 10,200,616 508,627 4.50 FY 2015/16 Recomm'd 266,476 1,984,881 3,451,609 400 6,000 5,709,366 3,797,014 9,506,380 7,303,623 243,592 1,018,206 315,724 24,400 8,905,545 % Change from Adopted FY 2014/15 -33.6% -0.8% -16.4% 0.0% -12.7% -9.1 -11.3% -12.9% 0.0% -11.6% 3.9% -29.3% 19.6% -12.6% 600,835 72,652 13.8% 3.00 Improvement Package Summary 1 of 1 This improvement package would provide funding for restructuring of the Economic Development Department. Restructuring includes elimination of the full-time Confidential Account Clerk position (-1.0 FTE), elimination of the full-time Assistant Economic Development Director position (-1.0 FTE), elimination of the full-time Economic Development Coordinator position (-1.0 FTE), addition of a full- time Economic Development Project Manager GE -30B (+1.0 FTE) and a part-time Confidential Account Clerk GE -25B (+0.50FTE). Related Cost Savings: ($40,990) Tax Funds — Recurring Property Tax Impact: -$.0182/-.17% Activity: Economic Development -147- Recommend — Yes Significant Line Items at Maintenance Level (Without Recommended Improvement Packages) Employee Expense 1. The City wage plan for non -bargaining unit employees will not increase and bargaining unit employees will receive a 2.25% wage increase in FY 2016. 2. The Iowa Public Employee Retirement System (IPERS) City contribution remains at 8.93% and the employee contribution remains at 6.18% in FY 2016. 3. The City portion of health insurance expense decreased from $1,190 in FY 2015 to $1,040 in FY 2016 per month per contract, resulting is a savings of $5,400. Supplies and Services 4. Payments to Other Agencies provide for TIF backed economic development grants. Rebate payments count against the cities statutory debt limit. The grant estimates totaling $1,354,007 in FY 2016 in the Greater Downtown TIF district are to: McGraw Hill II $392,235 Last payment FY 2018 Hartig rebated at 60% $9,881 Last payment FY 2019 Star Brewery $67,148 Last payment FY 2020 German Bank $9,535 Last payment FY 2020 Interstate Building $17,838 Last payment FY 2020 Security Building $12,500 Last payment FY 2021 Roshek Building $237,796 Last payment FY 2021 Morrison Brothers $20,655 Last payment FY 2022 Adobos Mexican Grill $8,242 Last payment FY 2022 Flexsteel $180,108 Last payment FY 2024 Rousselot, Inc. $1,978 Last payment FY 2025 Julien Hotel $186,433 Last payment FY 2026 The Crust $16,764 Last payment FY 2027 44 Main $27,543 Last payment FY 2027 Engine House #1 $11,423 Last payment FY 2027 Franklin Investment $38,821 Last payment FY 2028 Nottingham Properties $93 Last payment FY 2028 Caradco (Schmid Innovation Center) $97,461 Last payment FY 2028 Bonson Block $10,057 Last payment FY 2028 Plastic Center $7,492 Last payment FY 2028 Linseed Oil Paintworks $0 Last payment FY 2030 Novelty Iron Works $0 Last payment FY 2031 The grant estimates totaling $1,870,565 in FY 2016 in the Dubuque Industrial Center West TIF district are to: Tri -States $52,171 Last payment FY 2017 National Dentex $28,686 Last payment FY 2018 TM Logistics $42,079 Last payment FY 2018 -148- Theisen Supply $19,859 Last payment FY 2018 Dubuque Screw Products $40,959 Last payment FY 2019 A.Y. McDonald $0 Last payment FY 2019 Arts Way $47,756 Last payment FY 2019 Kendall Hunt $126,804 Last payment FY 2019 Medline $190,393 Last payment FY 2019 Spiegel Spec Building $214,650 Last payment FY 2019 Giese Properties II $4,043 Last payment FY 2019 Hormel Foods $678,625 Last payment FY 2021 Malay Holdings $35,291 Last payment FY 2022 Faley Properties $86,817 Last payment FY 2022 Green Industrial Supply $302,432 Last payment FY 2023 The grant estimates in FY 2016 in the Dubuque Brewing and Malting TIF district are to: Dubuque Stamp $0 (last payment in 2020). The grant estimates in FY 2016 in the Lake Ridge TIF district are to: The Rose of Dubuque $13,942 (last payment in 2024). The grant estimates totaling $213,095 in FY 2016 in Tech Park South TIF district are to: Kunkel Bounds Conlon Johnson Straka Johnson L&J Properties $47,110 $112,808 $19,158 $34,019 (last payment FY 2018) (last payment FY 2019) (last payment FY 2019) (last payment FY 2019) 5. Contract Administrative Charges of $6,000 are reflected as a transfer to the Finance Department for TIF loan processing fees. 6. Property Insurance increased from $7,648 in FY 2015 to $9,116 in FY 2016 based on FY 15 actual of $8,520 plus 7%. 7. Stormwater Utility decreased from $2,724 in FY 2015 to $212 in FY 2016 based on FY 2015 actual of $212. The South Siegert development project has been completed in Dubuque Industrial Center West and will no longer pay stormwater charges related to construction. 8. Consulting Engineers decreased from $3,804 in FY 2015 to $0 in FY 2016 based on prior year expenses related to Keyline Facility Study funded by Greater Downtown TIF. 9. Legal Services decreased from $44,140 in FY 2015 to $12,000 in FY 2016 based on FY 2014 actual. This line item represents outside legal services provided for the City's industrial parks and is funded by tax increment financing revenue. 10. Consultant Services decreased from $57,160 in FY 2015 to $16,788 in FY 2016 due to a one- time expense in FY 2015 to hire a consultant to work with city staff, Arts Commission, and the broader community to develop master cultural plan for the City of Dubuque (-$50,000). The remaining budget is for consultant services for the City's TIF districts. 11. Financial Consultants decreased from $1,118 in FY 2015 to $0 in FY 2016 based on FY 2014 actual. This line item represents financial consultants utilized for the City's industrial parks and is funded by tax increment financing revenue. -149- 12. Due to the Tax Increment Financing legislative changes in FY 2012, stormwater, consulting engineers, legal services, consultant services and financial services related to the City's TIF districts must be charged to the general fund prior to transferring funds from the related TIF funds. In FY 2016, there is $55,000 budgeted in the general fund that will be reimbursed by TIF districts at year-end. 13. Contracted Services increased from $1,447,131 in FY 2015 to $1,610,754 in FY 2016. The Dubuque Area Convention and Visitors Bureau increased based on actual Hotel/Motel Receipts (+$38,529) and Prosperity Eastern Iowa increased based on actual payment (+$3,150). The following service agreements are budgeted in Economic Development in FY 2016: Dubuque Chamber of Commerce $1,018,206; Dubuque Area Labor Management Council $27,000; Dubuque Main Street $66,848; Greater Dubuque Development Corporation $348,592; Prosperity Eastern Iowa $5,085; America's River Festival $10,000; Inclusive Dubuque $67,500 and Project Hope $67,523. These contracted services for Economic Development are expenses that the City would have within its organization regardless of who provides the services. Machinery & Equipment 14. Purchase of equipment for FY 2016 includes replacement of a smart phone for the Economic Development Director ($400). Debt Service 15. The FY 2016 debt service includes ($3,797,014): $70,932 for Downtown TIF backed G.O. issue for the Main Street plaza with last payment in FY 2016; $26,517 for Lower Main LLC TIF revenue bond issue with last payment in FY 2016; $120,000 for Theisen TIF revenue bond issue with last payment in FY 2018; $604,385 for the Industrial Center West 3rd Addition TIF backed G.O. issues with last payment in 2021; $640,232 for the Industrial Center West North Siegert Farm TIF backed G.O. issues with last payment in 2029; $34,121 for Improvements to the Former Kephart's Building TIF backed G.O. issues with last payment in 2024; $47,143 for the purchase of the former Tri-State Building with last payment in 2017; $204,028 for the Downtown Housing Incentives and 40 Main LLC Landscaping TIF backed G.O. issue with last payment in 2030; $196,000 TIF backed G.O. for parking improvements in the Millwork District with last payment in 2030; $95,409 for 40 Main TIF revenue bond with last payment in 2031; $350,279 for the development of South Siegert farm with last payment in 2031; $10,530 for a consultant to determine sites for additional industrial parks with last payment in 2032; $56,505 for Washington Neighborhood Subarea Business Incentives; $277,798 for other Greater Downtown TIF District programs with last payment in 2032; $266,000 for utility extensions from Technology Park South to the Dubuque Airport with last payment in 2032; $390,494 for 71h Street Improvements and One -Way to Two -Way with last payment in 2032; $213,014 for Greater Downtown TIF District projects with last payment in 2034; -150- $147,025 for land acquisitions in Dubuque Industrial Center West with last payment in 2034; and $46,602 for North Cascade Road Improvements with last payment in 2025. In addition, Greater Downtown TIF is transferred to the Debt Service fund to pay a portion of the America's River Fund debt ($356,213). Revenue 16. The payment from Dubuque Initiatives for processing of payments has increased from $20,400 in FY 2015 to $24,400 in FY 2016. 17. UDAG funding has been fully utilized. 18. Revenue received from Enterprise Funds for administrative overhead charges decreased from $446,434 in FY 2015 to $315,724 in FY 2016. -151- ECONOMIC DEVELOPMENT Economic Development formulates and implements strategies which retain and create jobs, enhance the tax base, stabilize the local economic base and encourage economic self- sufficiency, working primarily in the areas of downtown, Historic Millwork District, riverfront and industrial park development — thus improving the community's overall quality of life. Economic Development Economic Development Expenditures and Resources by Department and Category Arts and Cultural Affairs Parking Division Tranist Division Budget Highlights FY 2013/14 Actual FY 2014/15 Adopted FY 2014/15 Amended FY 2015/16 Recomm'd °lo Change from Adopted FY 2014/15 Employee Expense Supplies and Services TIF Rebate Payments Equipment Administrative Recharges Subtotal Debt Service Total Charges by Fund TIF Charges UDAG Charges DICW Land Sales Hotel/Motel Tax (50%) Administrative OH Recharges & Reimbursements Miscellaneous Revenue Total Property Tax Support Percent Increase (Decrease) Personnel - Authorized FTE 359,118 1,824,340 3,460,353 6,000 5,649,811 3,299,214 8,949,025 6,759,567 267,613 924,844 235,698 21,260 8,208,982 740,043 4.50 401,595 2,000,776 4,128, 097 6,000 6,536,468 4,178, 414 10, 714, 882 8,389,535 75,000 275,653 979,677 446,434 20,400 10,186, 699 528,183 -152- 4.50 376,023 2,006,792 4,142, 014 6,000 6,530,829 4,178, 414 10, 709, 243 8,403,452 75,000 275,653 979,677 446,434 20,400 10, 200, 616 508,627 4.50 266,476 1,984,881 3,451,609 400 6,000 5,709,366 3,797,014 9,506,380 7,303,623 243,592 1,018,206 315,724 24,400 8,905,545 600,835 3.00 - 33.6% - 0.8% -16.4% 0.0% - 12.7% - 9.1% -11.3% - 12.9% 0.0% -11.6% 3.9% - 29.3% 19.6% -12.6% 72,652 13.8% ECONOMIC DEVELOPMENT Vibrant, Sustainable Community People: We work to attract and retain an appropriate mix of businesses for the purpose of increasing employment opportunities, attracting skilled workers and to provide the town with a stable economy. We focus efforts on creating healthy, diverse neighborhoods in the community. Planning: We facilitate projects related to the preparation and administration of City plans and work with businesses and consultants to plan and develop areas such as the Historic Millwork District, the Downtown, the Port of Dubuque, Urban Renewal Districts and the Industrial and Technology parks to generate income and employment opportunities along with a strong tax base. Partnerships: We support partnerships among business, communities and nonprofit organizations that strengthen the economic health and quality of life for the city of Dubuque. We promote economic development assistance to area businesses in cooperation with federal, state and local agencies. By combining the right mix of people, planning, and partnerships, we create a vibrant, sustainable community to be enjoyed by citizens and visitors of Dubuque. -153- ECONOMIC DEVELOPMENT Overview Our department provides professional leadership in economic development, downtown redevelopment, riverfront and industrial development; and supervises programs to meet the social, economic and physical development in our community. The Parking Division and the Transit Division are managed through Economic Development. • Transit promotes public private partnerships in transportation and explores and implements transportation opportunities that enhance the social, economic and environmental well-being of the City of Dubuque. • Parking strives to promote a positive parking experience while maintaining the parking system and enforcing, in a fair and equitable manner, the parking regulations in Downtown Dubuque. Economic Development offers many different financial incentives to encourage property development/improvement and job creation. Some of the programs include: • Tax Increment Financing (TIF) — An incentive program which captures the increased property taxes a business pays from improving their property. This incentive can be used to help pay for needed infrastructure improvements or to provide grants to the business. Businesses must commit to job creation in the community or must have an extraordinary positive impact for the community to offer this incentive. • Land Discounts — The sale of city -owned property to businesses that commit to significant job creation in the community. • Downtown Rehabilitation Loan Program — This includes facade, design and financial planning grants and low interest loans. • Downtown Housing Incentive — Funds rehabilitation of vacant downtown buildings into affordable, market rate rental housing. • Washington Neighborhood Facade Grant Program — Provides facade funds to owners of commercial property within the Washington Neighborhood with preference given to buildings along the Central Avenue Corridor between 11th and 22nd streets. • State of Iowa Programs — High Quality Jobs program, Workforce Housing tax credits, Historic tax credits, and Community Development Block Grant funds are available from the State of Iowa for qualifying projects. • Other state and federal programs to leverage private investment and job creation. -154- ECONOMIC DEVELOPMENT Development Agreements Economic Development staff facilitate, prepare and monitor development agreements in conjunction with the Legal Department. We work with developers and businesses to prepare a tailored agreement that corresponds with their expansion/development plans, as well as meets City Council's objectives of local expansion, affordable market rate housing creation, and job creation. Our staff currently monitor approximately 72 development agreements to ensure that the developers/employers meet the requirements within the agreements, which include required minimum physical improvements, timing of improvements and job creation. Staff also monitor and prepare Tax Increment Financing rebates as outlined in the agreements The Economic Development Department continuously seeks additional funds from public and private sources that we can use to provide access to several programs which can be tapped to encourage business growth in Dubuque. Lease Agreements/Land Management Economic Development staff assist with negotiating, preparing and monitoring lease agreements for space in the Historic Federal Building, Riverfront properties, and other City owned properties. Staff work with potential businesses to market the property and space available and negotiate a suitable lease agreement to match the needs of the prospective business with the goals of the City Council. We also work to acquire, develop and manage land for business and industrial development, including any environmental assessment/remediation that is required. Staff currently manage land in the Port of Dubuque, several Industrial and Technology Parks, the South Port and the old City garage. Funding Summary FY 2013/14 Actual FY 2014/15 Adopted FY 2015/16 Recommended Expenditures $1,844,821 $1,902,895 $2,003,451 Resources $583,197 $804,421 $618,716 Position Summary FY 2015/16 FTE's Economic Development Director 1.00 Economic Development Project Manager 1.00 Confidential Account Clerk 0.50 Total FTE's 2.50 -155- ECONOMIC DEVELOPMENT Supporting City and Community Goals: Planned and Managed Growth We plan and manage growth through... strategic land purchases, sales, and development; partnering with businesses and non -profits organizations to create a strong economy and healthy neighborhoods. We work closely with the Planning & Zoning and Housing & Community Development Departments in order to achieve shared goals. Improved Connectivity The Transportation Division, "The Jule", provides a safe, timely, and comfortable mode of public transportation for citizens to and from their destinations on fixed routes. These routes provide access to various services, shopping, entertainment, community functions, and employment opportunities within the City. A mini -bus service promotes independence for seniors and persons with disabilities by providing Origin -to -Destination transportation and passenger assistance when accessing the demand response service. Economic Prosperity The Department supports business retention and expansion, creation and attraction in all neighborhoods, including downtown, by providing financing for business and building development — as well as funding for housing to support an increased employee base. Social/Cultural Vibrancy The arts and cultural community plays an important role in Dubuque's economy and social infrastructure. Through significant partnerships between the City of Dubuque and the Arts and Cultural Affairs Advisory Commission, the support of individual citizens and numerous arts and cultural organizations, Dubuque is one of the most vital, creative and attractive places to live and work in the area. Environmental Integrity The EPA has selected the City of Dubuque for two Brownfields Assessment grants to perform nine Phase 1 and five Phase II environmental site assessments. Grant funds also will be used to conduct cleanup planning and support community involvement activities. Petroleum grant funds will be used to conduct the same activities at sites with potential petroleum contamination. Grant activities will target three key areas: the South Port, Historic Millwork District, and Washington Neighborhood. -156- ECONOMIC DEVELOPMENT /conomic Development Administration — Activity Statement Identify resources and partnerships within a broad context of economic development approaches to improve the quality of live for the citizens of Dubuque. Goals • Create an environment in which re -locating or expanding companies are welcomed and where entrepreneurs can thrive. • Build community partners... collaborate and leverage resources to ensure the economy is diverse and broad-based • Foster a healthy local economy that generates income and employment opportunities and a strong tax base to improve the community's overall quality of life. Objective: Improve the economic health of our community When the income of an area rises, it indicates that businesses are performing well and residents have more money to spend, increasing the overall standard of living. Provide an financial tools for businesses to develop and prosper Encourage local businesses to improve their sustainability and profitability by developing their offerings of sustainable products and services and their use of sustainable products, services, and practices. Create/Attract new jobs and businesses in the sustainability sectors. Objective: Facilitate the development of a Place -Based Economy This effort is crucial to strengthening the roots of our locally owned businesses and enhancing Dubuque as a pro-business city and entrepreneurial environment Focus on growing the local economy, which is deeply rooted in our geographic, physical and human capital strengths, for long term economic stability. This is an opportunity to center on strong place development throughout the city, building a unique city form and fabric that continues to attract a talented workforce and fosters collaboration. Objective: Workforce Development/Diversity Recruitment and retention of valuable employees is now recognized as one of the most important issues facing corporate America. "When companies recruit from a diverse set of potential employees, they are more likely to hire the best and the brightest in the labor market. In an increasingly competitive economy where talent is crucial to improving the bottom line, pooling from the largest and most diverse set of candidates is increasingly necessary to succeed in the market."—Center for American Progress -157- ECONOMIC DEVELOPMENT Detail by Activity Activity: Arts & Cultural Affairs Overview The Arts & Cultural Affairs Office works to strengthen the city's arts initiatives and improve coordination between various arts groups by working with the Arts and Cultural Affairs Commission. Additionally, the Arts & Cultural Affairs Office manages the Art on the River program and administers two City grant programs awarded to local arts and cultural organizations. Funding Summary FY 2013/14 Actual FY 2014/15 Adopted FY 2015/16 Recommended Expenditures $266,053 $335,616 $254,306 Resources $0 $21,090 $0 Position Summary FY 2015/16 FTE's Arts & Cultural Affairs Coordinator 0.50 Total FTE's 0.50 Supporting City and Community Goals Social/Cultural Vibrancy ■ Coordinated the ninth annual Art on the River Program that drew 83 entries from 53 artists in 20 different states from Arizona to New York. ■ Research best practices from other municipalities arts policies, initiatives relating to the City Council priorities and funding options for art programs ■ Co -Hosted Iowa Public Art Network Conference in October, 2014 ■ Developed Request for Proposal for an Arts and Cultural Master Plan to go out in Fall, 2014 Performance Measures Arts & Cultural Affairs — Activity Statement Present a visible presence in the community as a proactive leader in the arts community of Dubuque. Leverage resources to help grow Dubuque's creative economy. Goals Expand cultural opportunities and accessibility to the arts enhancing the quality of life for Dubuque residents • Facilitate and convene partnerships for Arts and Cultural activities to strengthen and expand Dubuque's cultural vitality -158- ECONOMIC DEVELOPMENT Objective 1: Coordinate the Arts and Culture Special Projects Grant Program and distribution of annual operating budget support Since 2005, the City of Dubuque has provided over 2.3 million dollars to area arts and culture organizations and other non -profits for programs that reach thousands of Dubuque adults and children each year / \ DID YOU KNOW? The non-profit arts and culture industry in Dubuque generates $47.2 million in annual economic activity, supporting 1,530 full-time equivalent jobs and generates $5 million in local and state government revenues and $36.7 million in household income to local residents City of Dubuque Support to Arts & Culture Bell Tower Productions Clarke University Colts Drum & Bugle Corps Dubuque Arboretum Association, Inc. Dubuque Arts Council Dubuque Choral Dubuque Community School Foundation Dubuque County Fine Arts Society Dubuque County Historical Society Dubuque Main Street/Cultural Corridor Dubuque Museum of Aft Dubuque Symphony Orchestra Fly -By -Night Productions, Inc. Four Mounds Foundation Friends of the Mines of Spain Grand Opera House Julien Dubuque International Film Festival Loras College Matter Multicultural Family Center Northeast Iowa School of Music Rising Star Theatre Company Voices Productions Healing Moments Grand Total $167,652 $7,231 $310,057 $53,673 $63,078 $15,737 $2,995 $24,479 $478,701 $30,844 $251,281 $445,144 $31,828 $55,922 $5,000 $240,256 $13,750 $19,127 $13,783 $5,175 $92,115 $5,972 $7,231 $3,000 $2,160.586 -159- Recommended Operating Revenue Budget - Department Total 60 - ECONOMIC DEVELOPMENT Fund Account Account Title FY13 Actual FY14 Actual FY15 Adopted FY16 Recomm'd Revenue Revenue Budget Budget 210 41205 212 41205 215 41205 225 41205 229 41205 231 41205 240 41205 243 41205 TAX INCREMENT RECEIPTS TAX INCREMENT RECEIPTS TAX INCREMENT RECEIPTS TAX INCREMENT RECEIPTS TAX INCREMENT RECEIPTS TAX INCREMENT RECEIPTS TAX INCREMENT RECEIPTS TAX INCREMENT RECEIPTS 3,223,020 9,344 0 431,225 4,663 0 6,136,339 27,267 3,233,396 8,939 0 425,194 4,376 5,213 5,437,378 25,757 3,713,065 0 0 459,357 5,001 18,125 6,400,309 26,404 3,533,714 0 171,693 403,115 0 15,030 5,740,003 3,268 41 - TAXES 9,831,859 9,140,254 10,622,261 9,866,823 I 241 43105 INTEREST, LOANS 73,392 57,114 0 92,304 210 43110 INVESTMENT EARNINGS 16,924 15,601 0 0 225 43110 INVESTMENT EARNINGS 1,958 1,184 0 0 240 43110 INVESTMENT EARNINGS 110,848 103,326 0 0 241 43110 INVESTMENT EARNINGS 6,244 5,527 0 0 243 43110 INVESTMENT EARNINGS 365 237 0 0 260 43110 INVESTMENT EARNINGS (114) 0 0 0 100 43242 RENT, FARM LAND 0 1,462 0 0 241 43405 PRINCIPAL, LOANS 210,957 103,208 0 107,388 265 43405 PRINCIPAL, LOANS 10,000 6,667 0 0 I 43 - USE OF MONEY AND PROPERTY 430,573 294,326 0 199,692 I 210 44100 BAB SUBSIDY NON GRANT 26,602 0 0 0 400 44100 BAB SUBSIDY NON GRANT 0 25,231 0 0 100 44170 FEDERAL GRANTS-MISC 100,000 0 0 0 44- INTERGOVERMENTAL 126,602 25,231 0 0 100 51919 DBQ INITIATIVES PAYMENT 20,400 20,400 20,400 24,400 51 - CHARGES FOR SERVICES 20,400 20,400 20,400 24,4001 240 53102 PRIVATE PARTICIPANT 100 53620 REIMBURSEMENTS -GENERAL 0 74,352 0 0 3,724 860 0 0 1 53- MISCELLANEOUS 3,724 75,212 0 01 100 54105 LAND SALES 0 1 0 0 54 - OTHER FINANCING SOURCES 0 1 0 0 240 59100 FR GENERAL 0 0 0 78,242 100 59210 FR DICW TIF 0 0 288,517 228,592 400 59210 FR DICW TIF 1,412,965 1,775,368 2,015,878 1,872,451 400 59215 TRANSFER FROM N CASCADE 0 0 0 46,602 400 59225 FR TECH PARK SOUTH 22,848 210,482 276,000 266,000 100 59240 FR DOWNTOWN TIF 0 0 70,160 50,000 230 59240 FR DOWNTOWN TIF 64,949 0 0 0 400 59240 FR DOWNTOWN TIF 1,203,487 1,288,133 1,886,536 1,611,961 100 59360 FR GENERAL CONSTR FUND 243,000 267,613 0 0 210 59360 FR GENERAL CONSTR FUND 500,000 0 275,653 248,592 100 59610 FR WPC OPERATING 39,275 57,384 106,232 53,652 100 59620 FR STORMWATER OPERATING 1,652 2,211 21,063 37,447 -160- Recommended Operating Revenue Budget - Department Total 60 - ECONOMIC DEVELOPMENT Fund Account Account Title FY13 Actual FY14 Actual FY15 Adopted FY16 Recomm'd Revenue Revenue Budget Budget 100 100 100 100 59630 59640 59670 59940 FR PARKING OPERATING FR WATER UTILITY FR REFUSE COLLECTION FR DMASWA 12,019 0 40,153 24,393 10,161 55,389 77,644 32,909 18,858 103,146 137,509 59,626 19,320 0 145,524 59,781 59- TRANSFER IN AND INTERNAL 3,564,739 3,777,294 5,259,178 4,718,164 60 - ECONOMIC DEVELOPMENT TOTAL 13,977,898 13,332,719 15,901,839 14,809,079 -161- Recommended Operating Expenditure Budget - Department Total 60 - ECONOMIC DEVELOPMENT Fund Account Account Title FY13 Actual FY14 Actual FY15 Adopted FY 16 Recomm'd Expense Expense Budget Budget 100 61010 FULL-TIME EMPLOYEES 100 61020 PART-TIME EMPLOYEES 100 61030 SEASONAL EMPLOYEES 100 61050 OVERTIME PAY 100 61092 VACATION PAYOFF 100 61099 WAGE ADJUSTMENT 100 61310 IPERS 100 61320 SOCIAL SECURITY 100 61410 HEALTH INSURANCE 100 61415 WORKMENS' COMPENSATION 100 61416 LIFE INSURANCE 100 61660 EMPLOYEE PHYSICALS 100 61680 EMPLOYEE MOVING EXPENSE 230,934 28,315 0 8,219 4,624 0 23,189 20,248 34,227 1,138 204 188 733 216,378 9,450 5,710 6,952 13,416 0 21,297 18,933 59,206 1,442 196 236 5,903 260,048 28,746 0 0 0 5,906 25,542 22,092 57,120 1,621 520 0 0 159,191 46,817 0 0 0 0 18,397 15,760 24,960 1,032 319 0 0 61 - WAGES AND BENEFITS 352,019 359,118 401,595 266,476 100 62010 OFFICE SUPPLIES 1,367 1,005 1,207 1,112 100 62030 POSTAGE AND SHIPPING 260 588 646 617 100 62061 DP EQUIP. MAINT CONTRACTS 12,440 13,272 15,764 17,733 100 62090 PRINTING & BINDING 649 389 2,123 912 100 62110 COPYING/REPRODUCTION 4,101 5,290 4,101 3,703 100 62130 LEGAL NOTICES &ADS 6,434 1,306 520 520 100 62140 PROMOTION 0 0 1,000 0 100 62170 SUBSCRIPTIONS -BOOKS -MAPS 0 417 0 0 100 62190 DUES & MEMBERSHIPS 1,280 905 1,425 1,425 100 62206 PROPERTY INSURANCE 4,707 7,284 7,648 9,116 100 62208 GENERAL LIABILITY INSURAN 1,596 1,607 1,656 2,137 100 62211 PROPERTY TAX 3,968 29,602 28,826 30,248 100 62230 COURT COSTS & RECORD FEES 0 22 0 0 100 62310 TRAVEL -CONFERENCES 9,707 7,468 19,300 16,925 100 62320 TRAVEL -CITY BUSINESS 19,379 42,727 34,300 34,197 265 62320 TRAVEL -CITY BUSINESS 5,000 0 0 0 100 62340 MILEAGE/LOCALTRANSP 418 315 1,270 1,046 100 62360 EDUCATION &TRAINING 310 0 715 715 100 62415 UTILITY EXPENSE STORMWATR 2,724 212 2,724 212 100 62421 TELEPHONE 3,325 3,289 3,266 3,289 100 62431 PROPERTY MAINTENANCE 24,578 0 0 0 100 62436 RENTAL OF SPACE 932 1,766 932 932 100 62712 CONSULTING ENGINEERS 3,804 0 3,804 0 100 62713 LEGAL SERVICES 45,033 16,669 44,140 12,000 100 62716 CONSULTANT SERVICES 72,448 15,388 57,160 16,788 100 62721 FINANCIAL CONSULTANT 1,118 0 1,118 0 241 62721 FINANCIAL CONSULTANT 123 0 0 0 100 62731 MISCELLANEOUS SERVICES 4,520 30 0 0 100 62737 CONTRACT ADM SERVICE 1,268,646 1,426,843 1,447,131 1,610,754 265 62737 CONTRACT ADM SERVICE 617 0 75,000 0 -162- Recommended Operating Expenditure Budget - Department Total 60 - ECONOMIC DEVELOPMENT Fund Account Account Title FY13 Actual FY14 Actual FY15 Adopted FY 16 Recomm'd Expense Expense Budget Budget 100 210 225 230 231 240 243 265 100 62761 62761 62761 62761 62761 62761 62761 62761 62765 PAY TO OTHER AGENCY PAY TO OTHER AGENCY PAY TO OTHER AGENCY PAY TO OTHER AGENCY PAY TO OTHER AGENCY PAY TO OTHER AGENCY PAY TO OTHER AGENCY PAY TO OTHER AGENCY GRANTS 139,681 1,855,751 181,888 0 0 1,447,937 21,803 925 210,000 37,949 1,817,952 190,866 6,226 0 1,322,355 17,953 105,000 210,000 35,000 1,990,549 206,135 0 24,869 1,883,463 23,081 0 210,000 31,500 1,870,565 213,095 0 13,942 1,354,007 0 0 189,000 62 - SUPPLIES AND SERVICES 5,357,470 5,284,693 6,128,873 5,436,490 100 71124 MICRO -COMPUTER 1,795 0 0 0 100 71315 TRUCK -ADDITIONAL 4,970 0 0 0 100 72418 TELEPHONE RELATED 49 0 800 400 100 72421 HEADSETS 0 223 0 0 71 - EQUIPMENT 6,815 223 800 400 400 74111 PRINCIPAL PAYMENT 400 74112 INTEREST PAYMENT 1,626,471 2,220,325 1,069,071 1,078,889 2,874,559 2,582,473 1,303,855 1,214,541 74 - DEBT SERVICE 2,695,542 3,299,214 4,178,414 3,797,014 100 91100 TO GENERAL 6,000 6,000 6,000 6,000 210 91100 TO GENERAL 212,863 5,012 288,517 228,592 225 91100 TO GENERAL 204,970 3,240 0 0 240 91100 TO GENERAL 204,865 183,614 204,864 184,704 240 91230 TRANSFER TO E 7TH STRET 64,949 0 0 0 240 91241 TO DOWNTOWN LOAN POOL 69,837 0 0 0 215 91360 TO GENERAL CONSTRUCTION 0 0 0 38,246 210 91400 TO DEBT SERVICE 1,412,965 1,775,368 2,015,878 1,872,451 215 91400 TO DEBT SERVICE 0 0 0 46,602 225 91400 TO DEBT SERVICE 22,848 210,482 276,000 266,000 240 91400 TO DEBT SERVICE 3,996,840 4,200,305 4,782,348 4,513,305 240 91630 TO PARKING OPERATIONS 562,387 0 562,387 0 91 - TRANSFER TO 6,758,523 6,384,022 8,135,994 7,155,900 60 - ECONOMIC DEVELOPMENT TOTAL 15,170,369 15,327,270 18,845,676 16,656,280 -163- Recommended Expenditure Budget Report by Activity & Funding Sounce 60 - ECONOMIC DEVELOPMENT COMM./ECON. DEV. ADMIN - 60100 FUNDING SOURCE: UDAG REPAYMENTS Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget SUPPLIES AND SERVICES COMM./ECON. DEV. ADMIN 0 105,000 0 0 0 105,000 0 0 GDTIF ECON DEV EXPENSES - 60200 FUNDING SOURCE: GENERAL Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget SUPPLIES AND SERVICES GDTIF ECON DEV EXPENSES 70,161 48,910 70,160 50,000 70,161 48,910 TIF -DBQ INDUST CTR WEST - 60210 70,160 50,000 FUNDING SOURCE: TIF-METRIX/NORDSTROM Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget SUPPLIES AND SERVICES 1,855,751 1,817,952 1,990,549 1,870,565 TRANSFER TO 1,625,828 1,780,381 2,304,395 2,101,043 TIF -DBQ INDUST CTR WEST 3,481,578 3,598,333 4,294,944 3,971,608 N CASCADE HOUSING TIF - 60215 FUNDING SOURCE: N CASCADE HOUSING TIF Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget TRANSFER TO N CASCADE HOUSING TIF 0 0 0 84,848 0 0 0 84,848 TIF - TECH PARK SOUTH - 60225 FUNDING SOURCE: GENERAL Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget EQUIPMENT 4,970 0 0 0 SUPPLIES AND SERVICES 181,888 194,106 206,135 213,095 TRANSFER TO 227,818 213,722 276,000 266,000 TIF - TECH PARK SOUTH 414,675 407,828 482,135 479,095 TIF -E. 7TH STREET T - 60230 FUNDING SOURCE: TIF -E. 7TH STREET Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget SUPPLIES AND SERVICES TIF -E. 7TH STREET 0 6,226 0 0 0 6,226 0 0 LAKE RIDGE TIF - 60231 FUNDING SOURCE: TIF - LAKE RIDGE Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget SUPPLIES AND SERVICES LAKE RIDGE TIF 0 0 24,869 13,942 0 0 24,869 13,942 TIF -GREATER DOWNTOWN - 60240 FUNDING SOURCE: TIF -DOWNTOWN -164- Recommended Expenditure Budget Report by Activity & Funding Sounce 60 - ECONOMIC DEVELOPMENT Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget SUPPLIES AND SERVICES 1,447,937 1,322,355 1,883,463 1,354,007 TRANSFER TO 4,898,878 4,383,919 5,549,599 4,698,009 TIF -GREATER DOWNTOWN 6,346,815 5,706,274 7,433,062 6,052,016 TIF -GREATER DT LOAN POOL- 60241 FUNDING SOURCE: TIF -DOWNTOWN LOAN POOL Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget SUPPLIES AND SERVICES TIF -GREATER DT LOAN POOL 123 0 0 0 123 0 0 0 DBQ BREWING & MALTING TIF- 60243 FUNDING SOURCE: DBQ BREWING MALTING Account FY13 Actual FY14 Actual FY15 Adopted Expense Expense Budget FY16 Recomm'd Budget SUPPLIES AND SERVICES DBQ BREWING & MALTING TIF 21,803 17,953 23,081 0 21,803 17,953 23,081 0 DICW ECON DEV EXPENSES - 60600 FUNDING SOURCE: GENERAL Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget SUPPLIES AND SERVICES DICW ECON DEV EXPENSES 12,863 5,012 12,864 5,000 12,863 5,012 12,864 5,000 ECONOMIC DEVELOPMENT - 60700 FUNDING SOURCE: GENERAL Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget EQUIPMENT 0 223 400 400 SUPPLIES AND SERVICES 1,415,409 1,519,467 1,610,744 1,703,310 TRANSFER TO 6,000 6,000 6,000 6,000 WAGES AND BENEFITS 302,516 261,969 295,727 238,741 ECONOMIC DEVELOPMENT 1,723,926 1,787,658 1,912,871 1,948,451 WASHINGTON NEIGH DEVELOP - 60900 FUNDING SOURCE: GENERAL Account FY13 Actual FY14 Actual FY15 Adopted Expense Expense Budget FY16 Recomm'd Budget EQUIPMENT 1,795 0 400 0 SUPPLIES AND SERVICES 0 3,228 5,373 0 WAGES AND BENEFITS 6,689 75,581 71,887 0 WASHINGTON NEIGH DEVELOP 8,484 78,809 77,660 0 GDTIF DEBT SERVICE - 60910 FUNDING SOURCE: DEBT SERVICE Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget DEBT SERVICE GDTIF DEBT SERVICE 1,259,729 1,288,133 1,886,536 1,611,961 1,259,729 1,288,133 1,886,536 1,611,961 -165- Recommended Expenditure Budget Report by Activity & Funding Sounce 60 - ECONOMIC DEVELOPMENT HOUSING TIF DEBT - 60915 FUNDING SOURCE: DEBT SERVICE Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget DEBT SERVICE HOUSING TIF DEBT 0 0 0 46,602 0 0 0 46,602 TECH PARK DEBT SERVICE - 60920 FUNDING SOURCE: DEBT SERVICE Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget DEBT SERVICE TECH PARK DEBT SERVICE 22,848 210,482 276,000 266,000 22,848 210,482 276,000 266,000 DICW DEBT SERVICE - 60930 FUNDING SOURCE: DEBT SERVICE Account FY13 Actual Expense FY14 Actual Expense FY15 Adopted Budget FY16 Recomm'd Budget DEBT SERVICE DICW DEBT SERVICE 1,412,965 1,800,599 2,015,878 1,872,451 1,412,965 1,800,599 2,015,878 1,872,451 ARTS AND CULTURAL AFFAIRS- 72500 FUNDING SOURCE: GENERAL Account FY13 Actual FY14 Actual FY15 Adopted Expense Expense Budget FY16 Recomm'd Budget EQUIPMENT 49 0 0 0 SUPPLIES AND SERVICES 351,536 244,484 301,635 226,571 WAGES AND BENEFITS 42,814 21,569 33,981 27,735 ARTS AND CULTURAL AFFAIRS 394,399 266,053 335,616 254,306 ECONOMIC DEVELOPMENT $15,170,368.78 $15,327,270.21 $18,845,676.00 $16,656,280.00 TOTAL -166- CITY OF DUBUQUE, IOWA DEPARTMENT DETAIL - PERSONNEL COMPLEMENT 60 ECONOMIC DEVEL DEPT FD JC WP -GR JOB CLASS 61010 Full Time Employee Expense FY 2014 FY 2015 FY 2016 FTE BUDGET FTE BUDGET FTE BUDGET 100 5900 GE -43 ECONOMIC DEVELOP DIRECTOR 1.00 117,043 1.00 100,095 1.00 111,759 100 5600 GE -36 ASST. ECONOMIC DEVELOP DIR 1.00 68,090 1.00 76,812 0.00 0 100 GE -30 PROJECT MANAGER 0.00 0 0.00 0 1.00 47,432 100 GE -30 ECONOMIC DEVELOP COORDINATOR 1.00 46,583 1.00 48,872 0.00 0 100 0225 GE -25 CONFIDENTIAL ACCOUNT CLERK 1.00 45,066 1.00 38,169 0.00 0 TOTAL FULL TIME EMPLOYEES 4.00 276,782 4.00 263,949 2.00 159,191 61020 Part Time Employee Expense 100 225 GE -25 CONFIDENTIAL ACCOUNT CLERK 0.00 0 0.00 0 0.50 23,101 100 1210 GE -30 ARTS & CULTURAL AFFAIRS COORD 0.00 0 0.50 29,177 0.50 23,716 TOTAL PART TIME EMPLOYEES 0.00 0 0.50 29,177 1.00 46,817 TOTAL ECONOMIC DEVEL DEPT 4.00 276,782 4.50 293,126 3.00 206,008 -167- CITY OF DUBUQUE, IOWA ACTIVITY PERSONNEL COMPLEMENT SUMMARY ACCT FD JC WP -GR POSITION CLASS Run Date: 01/15/15 FY 2014 FY 2015 FY 2016 FTE BUDGET FTE BUDGET FTE BUDGET Economic Development -FT General Fund 10060700 61010 100 5900 GE -43 ECONOMIC DEVELOP DIRECTOR 1.00 117,043 1.00 100,095 1.00 111,759 10060700 61010 100 5600 GE -36 ASST. ECONOMIC DEVELOP DIRE( 1.00 68,090 1.00 76,812 0.00 0 10060700 61010 100 2075 GE -30 PROJECT MANAGER 0.00 0 0.00 0 1.00 47,432 10060700 61010 100 0225 GE -25 ACCOUNT CLERK CONFIDENT 1.00 45,066 1.00 38,169 0.00 0 Total 3.00 230,199 3.00 215,076 2.00 159,191 Washington Neighborhood - FT General Fund 10060900 61010 100 2075 GE -30 ECONOMIC DEVELOP COORDINA1 1.00 46,583 1.00 48,872 0.00 0 Total 1.00 46,583 1.00 48,872 0.00 0 Economic Development-pT General Fund 10060700 61020 100 225 GE -25 ACCOUNT CLERK CONFIDENT 0.00 0 0.00 0 0.50 23,101 0.00 0 0.00 0 0.50 23,101 Arts and Cultural Affairs - PT General Fund 10072500 61020 100 1210 GE -30 ARTS & CULTURAL AFFAIRS COOT 0.00 0 0.50 29,177 0.50 23,716 Total 0.00 0 0.50 29,177 0.50 23,716 TOTAL ECONOMIC DEV. DEPT 4.00 276,782 4.50 293,126 3.00 206,008 -168- Capital Improvement Projects by Department/Division ECONOMIC DEVELOPMENT CIP Capital Improvement Project FY 13 Actual FY 14 Actual FY 15 Adopted FY 16 Recomm'd Number Title Expense Expense Budget Budget 1002279 IFA DT HOUSING LOAN POOL 2402157 DOWNTOWN REHAB CONSULTANT 135,000 135,000 0 0 0 50,000 0 0 2411033 LOAN POOL, DOWNTOWN TIF 12 0 0 0 2411942 DOWNTOWN REHAB GRANT 100,524 4,578 50,000 0 PROG 2601235 COMM/IND REHAB LOAN CDBG 0 0 0 0 2632341 CDBG GRANT - CARADCO 3,032,718 14,597 0 0 2651246 JOB CREATION 0 0 0 0 2651796 AIRPORT REVENUE GUARANTEE 0 0 0 0 2651842 WORKFORCE DEVELOPMENT 100,000 0 0 0 3601842 WORKFORCE DEVELOPMENT 310,000 310,000 310,000 310,000 3601943 IND SITE DEV - N SIEGERT 22,176 0 0 0 3602157 DOWNTOWN REHAB 41,579 0 0 0 CONSULTANT 3602160 DESIGN SOUTH SIEGERT FARM 2,640,470 1,546,974 0 0 3602267 DOWNTOWN HOUSING INCENT 1,000,743 40,000 27,460 0 3602436 WASH NEIGH BUSINESS INCEN 79,429 107,854 80,000 0 3602437 FUTURE IND ACQUISITIONS 43,239 2,061 2,000,000 0 3602438 WASH NEIGH DT INCENT 2,748 67,037 1,500,000 0 3602439 MILLWORK DT INCENTIVES 0 0 850,000 0 3602560 DT HOUSING IMP PROGRAM 0 0 25,000 0 3602561 CENTRAL STREETSCAPE PLAN 0 0 50,000 0 3602562 DT HOUSING STUDY 0 0 27,000 0 7001853 ART IN PORT OF DUBUQUE 30,698 32,046 0 0 ECONOMIC DEVELOPMENT TOTAL 7,539,337 2,260,147 4,969,460 310,000 -169- City of Dubuque Recommended Capital Improvement Program Summary Fiscal Year 2016-2020 PROGRAM/DEPT PROJECT DESCRIPTION SOURCE OF FUNDS FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 TOTAL PAGE ECONOMIC DEVELOPMENT Communityand Economic Development Downtown Rehabilitation Loan Program GO Borrowing (GDTIF)/Loan $ Repayments General & Enterprise Fund/DICW (Land Sales) UDAG Loan Repayments Workforce Development Historic Preservation Revolving Loan Fund Historic Millwork District Subarea Building Incentive & Rehabilitation Program Washington Neighborhood Subarea (Includes Bluff/West Locust) Building Incentive & Rehabilitation Program Downtown Housing Improvement Program Washington Neighborhood Facade Program Downtown Housing Creation Program Central Avenue Streetscape Master Plan Implementation Total - Economic Development GO Borrowing (GDTIF) GO Borrowing (GDTIF) GO Borrowing (GDTIF) GO Borrowing (GDTIF) GO Borrowing (GDTIF) GO Borrowing (GDTIF) 310,000 9,270 310,000 9,270 319,270 $ 319,270 $ -170- 310,000 9,270 319,270 $ 310,000 9,270 319,270 $ 300,000 310,000 9,270 750,000 $ 300,000 $ 1,550,000 $ 46,350 $ 750,000 332 334 335 336 350,000 $ 350,000 338 100,000 $ 100,000 340 100,000 $ 100,000 342 100,000 $ 100,000 344 50,000 $ 50,000 346 2,069,270 $ 3,346,350 MAIN STREET i o 6 g MAIN S T R E E T •DUBUQUE • IOWA • 520°2-4724 [563]588-4400 • [563]588 -o645. -FAX • W WW.DUB000EMAINSTREET.ORG February 9, 2015 City Council Members City of Dubuque Dear Honorable Mayor and City Council Members: On behalf of the board of directors of Dubuque Main Street (DMS), we would like to acknowledge the city's pending budget situation for Fiscal Year 2016 (FY16). DMS has been notified that the recommended funding level for FY16 will be decreased by 10 percent from our FY15 amount. While we accept this reduction for FY16, we would like to encourage the city to restore our funding at a level equal to our FY15 funding when and if possible. DMS trusts that the work we do as a contracted service provider for the City of Dubuque is quite valuable. In addition to the DMS services outlined in our annual report, we would like to highlight here a few major accomplishments of the past year: • Joining in the local foods group and sustainability initiatives, DMS secured USDA funding to enhance the electronic benefits transfer program and marketing of our ever-growing Dubuque Farmers' Market. • DMS secured a grant to improve several Central Avenue facades in the Washington Neighborhood, which will be completed by the end of 2015. • DMS provided assistance to the City with stakeholder meetings, general communication and advocacy through the two-way traffic conversion of 9th, 10th, 11th, and Elm Streets. With our small staff of three full-time and one seasonal, part-time employee, we are pleased to report that our diverse income sources will allow us to maintain existing employment levels for 2016. In order to balance the budget DMS presented to the city, we will seek alternative funding from private sources and/or private/public sector grants. If this funding is not secured by June 30, 2015, we will need to explore options to fill budget gaps. These options may include increasing festival equipment rental fees, eliminating free rental fees for three smaller events, imposing administrative fees to serve as the fiscal agent for budding not-for-profit arts organizations, imposing an application fee for other not -for -profits organization to participate at farmers' market, and imposing charges for design assistance services that are currently available at no charge. Our plan at this time is not to reduce services nor is it our plan to implement the aforementioned options, but that could become a necessity. As DMS celebrates its 30th anniversary this calendar year, we note and appreciate the support of the city of Dubuque since the beginning. As the nation's longest standing urban main street program, we thank you for your partnership and understand the need to reduce our funding for fiscal 2016. We do want to reiterate that we would appreciate consideration to fully fund our organization for fiscal 2017, if the financial resources can be identified. Sincerely, 4-40<a4 Daniel L. LoBianco Executive Director cc: Mike Van Milligen February 10, 2015 DUBUQUE museum °Fart Dear Members of the City Council, RECEIVED 15FEB 10 AM11h44 City Clerk's Office Dubuque, IA It has come to the attention of the Dubuque Museum of Art that the City of Dubuque's 2016 budget recommendations advise cutting the Arts and Cultural Special Projects grants by $3,000 and the Arts Operating Support Funding by $21, 000. Our organization received approximately $18,000 in operating support in 2013. In the last few years we received $3,300-$7,800 in special project grants annually. This support makes possible community outreach to thousands of young and old alike. One of the most successful and far reaching event we host is the Arts Trek tours involving close to 1,000 second grade students in the City. Also are the many boys and girls in Girl and Boy Scouts who fulfill their art badge at the Museum, children ages 6- 13 enrolled in Saturday morning art classes and toddlers aged 3-5 who participate in the Young at Art program with their parents. The Maria House and Teresa Shelter, mothers and their children receive wonderful information and many adults join our lunch and learn art history program, adult studio classes, and the popular Famous Dead Artist series. Of course, we also offer an opportunity for college students to serve as volunteers/interns which is great for building their resumes. Did we mention our diverse and exciting art exhibits pull in over 10,000 visitors each year! This decrease in funding would be detrimental to the Museum and all the arts organizations who have come to rely on this much needed support. The Dubuque Museum of Art respectfully asks that you please reconsider the funding cuts. Sincerely, Christine Schiesl President, Board of Trustees Elkl 10 10 ca 2 10 El 10 flll3 701 LOCUST ST. DUBUQUE, IA 52001 ph. 563 557 1851 dbgart.com F1conomic Development FY 2015 Review & FY 2016 Budget Fconomic Development Umbrella • Economic Development • Transit • Parking • Arts & Culture • '! \ 't* 1:94. • ‘-i r.• I . - •:111 t. Arts& l'ULTUFZE in dubuque, Iowa Recent Accomplishments FY 2015 Accomplishments — Tech Park • Rockfarm Development Agreement $1,750,000 investment 48 jobs Kunkel & Associates $1,345,000 investment 18 jobs FY 2015 Accomplishments - Industrial Center West/South Development of Industrial Center South, Tri-State Quality Metals, & Theisen Expansio FY 2015 Accomplishments - Historic Millwork District Progress rmodal Transportation Facility, Novelty Iron Works, & Linseed Oil Bldg. July 2015/292 spaces June 2015/76 units July 2015/16 units FY 2015 Accomplishments - Downtown Facade & Rehabilitation Projects • 11th & White Streets Before... & After... FY 2015 Accomplishments - Downtown Facade & Rehabilitation Projects • Hendricks Feed Before... & After... "a7117 -- "- a" - itr rItttttttltt: 1:t#1-41it4tFt -Th/ 1111.11111111101111111111111*. FY 2015 Accomplishments - Addition of New Urban Renewal Areas • Holy Ghost & Almond Street added & North Cascade Road created 'J0.J:rf JJ:111.Si 111 Utbai I Ln_7IJi J15uic3 :iU J1_J i'JJLJ i ijdb f CASCADE ROAD •.fIOUSI6Vt-' URRAff_ R�VEVAL AREA,.Y �, "�'TACI�MENTA y� K�. .•••••,•••—••••,... North Cascade Road Housing Urban Renewal Area • $4.5 Million dedicated to low/moderate income projects • $3.3 Million dedicated to public improvements along North Cascade Road and in Timber Hyrst Estates North Cascade Road - Public Improvements North Cascade Road Housing Urban Renewal Area • Grading, road construction • Traffic, safety improvements • Storm sewer, drainage improvements • Watermain extension • Lighting, telecommunications t_S :.f,t fr'e t y I 1111 IrrI 1.1:-) 0 V e MI e ril t ..c.) 1.0. fry.• l . ......,........., ,..y I lilri p tr, 0 vc.,, nr.ii erli t (b.-) ( n C' • 27.5' 66' ROW NORTH SIDE - 10' - 5.5' N 5' WIDE BIKE - LANE 12' 12 DRIVE LANE YELLOW STRIPING 35' 31' CENTERLINE 12' /12' DRIVE LANE NORTH CASCADE RD. 35' WIDE ROADWAY "COMPLETE STREET' SOUTH SID 7 13' E - 0.5' SIDEWALK' (FUTURE) STREET LIGHT 5' WIDE BIKE LANE 10' +/- Washington Neighborhood Improvements • 2007-2013: • H.S. dropout rate declined from 28% to 16% of residents • College degree rate increased from 9% to 11% of residents • Median household income increased from $27,640 to $29,844 (an 8% increase) • 2005 -present: • City has assisted 60 new homebuyers with purchase & 102 households with home rehab • 46 rentals have been converted into single family homes • Community Housing Initiatives (CHO plans to renovate 20 homes over the next year Brownfield Assessment —creating an atmosphere for redevelopment • EPA Grant of $400,000 • $200,000 for Hazardous • $200,000 for Petroleum • HR Green • ECIA • Community Engagement Meetings to help develop priority property list • Applied for EPA Planning Grant to continue the work Arts & Culture Master Plan • 11/18/14 A&C Commission approve final RFP draft • 12/1/14 RFP goes to City Council • 12/5/14 RFP Announced & Distributed • 12/19/14 Any questions concerning this RFP must be received on or before 2:00 p.m. 2015 • 1/5 RFP Due • 1/7 RFP copied and distributed to committee with scoring sheets (2 Commissioners, Planning, Leisure Services, Neighborhood Development & Economic Development) • 1/12 Meet to review score sheets, select consultant or decide whether or not to conduct interviews • 1/19-2/2 Interviews • 2/16 Recommendation to MVM/City Council • 2/18 Selected Consultant Notification • 2/20 Consultant Contract executed • 4/20 Preliminary Findings report • 8/20 Master Plan Final Draft New Initiatives New Initiatives —Business Outreach • Communicate the Purpose of Economic Development, Develop & Strengthen Partnerships • By working with organizations that bring together business owners from a specific area to network and share information and discuss judicious use of limited resources • Hand up, not a hand out — relatively small incentives can create big results by assisting interested Business in the facilitation of creating associations. • Coordination of current Business Associations (West End, Downtown) to create networks New Initiatives —Retail Focus • Promotion of Storefront space in Central Avenue Corridor • Retail Gap Analysis • A summary of primary spending gaps, by retail category • Measures actual consumer expenditures in trade area, compares to potential retail revenue — the difference reflects "leakages", folks traveling for certain goods/services • Useful tool to gauge retail supply & demand in the community I Retail Strategies $4,176,034 $1,975,448 $1,130,015 $4,515,410 \ I ,------ $25,968,853 $4,984,668 -- $5,396,687 $12,252,680 $14,404,652 $13,528,747 • Department Stores • Electronics and Appliance Stores • Full -Service Restaurants • Family Clothing Stores • Sporting Goods Stores Jewelry Stores • Lawn, Garden Equipment, Supplies Stores • Home Furnishing Stores • Limited -Service Eating Places • Women's Clothing Stores • Office Supplies and Stationery Stores • Health and Personal Care Stores • Cosmetics, Beauty Supplies, Perfume Stores Dubuque iteer analysis Retail Strategies City State Population (2010) Population (2014) Population (2019) Households (2014) Ave rage Household Income 2014 Total Retail Expenditure (2014) Council Bluffs IA 62,270 62,606 63,900 25,446 $55,851 $509,048,502 Great Falls MT 59,105 60,556 63,105 26,057 $54,467 $513,828,666 IA 59,032 60,489 63,859 25,222 $60,980 $535,308,701 Kingsport TN 55,933 56,672 57,995 25,024 $57,348 $509,813,201 Pocatello ID 54,913 55,859 57,216 21,485 $56,375 $431,111,994 Manhattan KS 53,144 55,759 59,617 22,165 $56,502 $444,811,653 Battle Creek MI 52,447 52,995 53,511 21,597 $54,895 $424,692,263 The Peer Analysis focuses on identifying cities across the United States that are similar to the City of Dubuque from an economic and demographic perspective. New Initiatives —Start -Up Dubuque • Create & foster an entrepreneurial environment in Greater Dubuque area • Promote one-stop shop for entrepreneurs under River Valley Initiatives Foundation: • Small Business Development Center • NICC • Dubuque SCORE Chapter • ECIA Business Growth • Quarterly meetings — GDDC & neighborhood business owners to discuss needs, concerns Workforce Challenge • Over the next 10 years in the Dubuque region... • Employment opportunities will be rising by 11.3% • The working age population (age 20-69) is projected to decline by 4% • In order to provide the workforce our local businesses need in order to succeed, we need to: Recruit, Relocate, Train, & Retain workforce • Home Base Iowa Designation — Greater Dubuque Development outreach • Graduate Retention — Chamber of Commerce outreach New Initiatives — Increase Workforce Through Graduate Retention • 32,500 students within 50 mile radius of Dubuque — let's keep them here! • Monthly meetings with Chamber of Commerce and representatives from: University of Dubuque, Clarke, Loras, NICC, & UW -Platteville • Partner on Career Academy program — develop soft skills needed to obtain & retain a job • Future Young Professionals — provide networking opportunities between students and other young professionals New Initiatives — Workforce Housing • Replaces Enterprise Zone program • Eligibility: • Housing development on grayfield%brownfield • Repair/rehab dilapidated housing stock • Upper story housing development • New construction on greenfield (if sufficient workforce housing need) • $1,000,000 max award per recipient 1 Operations CIP (FY16 - FY20) • Downtown Rehabilitation Loan Program • Historic Millwork District Subarea Building Incentive & Rehabilitation Program • Washington Neighborhood Subarea Building Incentive & Rehabilitation Program • Downtown Housing Improvement Program • Washington Neighborhood Facade Program • Downtown Housing Creation Program • Central Avenue Streetscape Master Plan Implementation $300,000 $750,000 $350,000 $100,000 $100,000 $100,000 $50,000 Tax Increment Financing (TIF) $1,000 PROPERTY VALUATION $100 TAX INCREMENT GENERATED OVER TINE BASELINE VALUATION POST TIF INCREASED VALUATION TO TAXING AUTHORITY TODAY 10 YEARS TIME Upcoming Increase in Tax Revenue from TIF Districts $1,800,000 $1,700,000 $1,600,000 $1,500,000 $1,400,000 $1,300,000 $1,200,000 $1,100,000 $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,003 $300,003 $200,003 $100,000 5 - City of Dubuque New Taxing Bodies Tax $ - Retiring TIF Districts, in First Year of Expiration $1,760,373 • IX$0, $740,U1i1 • City, 5587,726 • Couny, $342,812 • NICC, $46404 • Other. S35.370 $442,532 • fCY), $IR7,S44 • City, $147,746 • Canty, $86,178 • NICC, $12,168 $443,385 ■ Other, $8,892 $708,499 $520,460 ■ 0050, $299,431 • OCSD, $220,007 ■city. $235,930 • Chy, $173,313 • County, $157,615 • County, $101,091 • NICC, $19,355 ■ NIC<, $14,218 ■ Other, $16,107 • Other, $11,832 4111. $9,438 Already Returned Tech Park South - DICW -Subarea B - Quebecor -2025 Kerper-2032 DICW-SubareaD- to Taxirg Bodies 2015 2019 2032 In Fiscal Year 2019 there will be $2,646,290 returned to taxing bodies. Day -to -Day Operations • Manage Development Agreements with annual job certification, coordination with Budget Office on semi- annual TIF rebate payments Assets of 48 active portfolios: • 2,832 retained jobs • 3,815 created jobs • 187 downtown residential units complete, 110 additional committed • 70 affordable assisted living units • $345,615,000 capital investment leveraged Day -to -Day Operations • Dubuque Initiatives staff support (monthly/semi-monthly board meetings, coordination on NMTC compliance, asset management) • Legislative/ Policy review (coordination with Government Liaison on Tax Increment Financing, Historic Tax Credit, Workforce Housing, Small Business issues) • Urban Renewal Development/Amendments (maintain state/local compliance, amend areas as needed for City goals) Contracted Services • DBQ Convention & Visitors Bureau • DBQ Area Labor Management Council • DBQ Main Street • Greater Dubuque Development Corporation • Prosperity Eastern Iowa • America's River Festival • Inclusive Dubuque (Community Foundation) • Project HOPE (Community Foundation) $1,018,206 $27,000 $66,848 $658,592 $5,085 $10,000 $67,500 $67,523 Fconomic Results • Increased Hourly Wages • 2007 — 2013: $18.00523.38, an increase of 30% that exceeded inflation by 17.5% • Low Unemployment • 2013: Dubuque was 4.5%, while nation's was 7.4% • Low Property Taxes • Lowest per capita ($431) of 10 largest cities in Iowa, whose average is 110% higher ($904) • Home Price Appreciation • 2008 — 2013: Dubuque increased 9.71%, while national average fell 0.15% Current Department Configuration Asst. Director (vacant) Director Transit Parking Manager Supervisor I HD Coordinator PT Arts Coordinator (vacant) Account Clerk Intern Proposed Restructuring saves $130,488 Director Transit I Manager Parking Supervisor Project Manager PT Arts Coordinator PT Account Clerk 1 Thank You the Economic Development Departm en t