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Home My WebLink About06-01-20 City Commission Packet Materials - A1. Intro FY21 CM Recommended Budget Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Jeff Mihelich, City Manager Anna Rosenberry, Assistant City Manager Kristin Donald, Finance Director SUBJECT: Presentation of the FY2020-2021 (FY21) City Manager Recommended Budget MEETING DATE: June 1, 2020 AGENDA ITEM TYPE: Presentation/Discussion RECOMMENDATION: Listen to presentation, ask questions, and provide comments. BACKGROUND: This presentation will outline the FY2020-2021 (FY21) City Manager Recommended Budget, on a “large scale” view. We will be getting into further details over the next weeks, with Final Adoption scheduled for June 22, 2020. Following are the tentatively schedule dates of budget discussions, along with their topics: June 1: City Manager Recommended Budget introduction and Special Revenue Funds June 8: Enterprise Funds and Internal Service Funds June 15: General Fund June 22: Final Budget Hearing, Appropriation Resolution Hearing Attached to this memo is a copy of the Budget Message, which is included in the online document itself (it is attached separately to the spiral-bound document.) It is a general summary of the budget and its implications for citizens and property owners. The entire “FY2020-2021 City Manager Recommended Budget” document is available online at http://www.bozeman.net/government/finance/budget-and-financial-reports. Copies are also available to the public at the Bozeman Library and City Clerk’s office. UNRESOLVED ISSUES: This is the beginning of the formal budget process, there are many unresolved issues. We will be identifying and discussing those during this presentation and the budget workshops and hearings in June. ALTERNATIVES: If the Commission would like to make suggestions for changes to the planned Budget Work Sessions, please do so tonight. 213 FISCAL EFFECTS: This presentation has no immediate fiscal effects. The adoption of the final budget in June will have far-reaching fiscal effects. The Recommended Budget has the following impacts on the Typical Residential Property: The details surrounding these increases will be discussed at length through the budget-adoption process. Attachments: City Manager Recommended Budget Executive Summary excerpt Report compiled on: 05/22/20 214 :ƵŶĞϭ͕ϮϬϮϬ ŽǌĞŵĂŶŝƚǇŽŵŵŝƐƐŝŽŶ͗ tĞĂƌĞƉůĞĂƐĞĚƚŽƉƌĞƐĞŶƚƚŽǇŽƵƚŚĞZĞĐŽŵŵĞŶĚĞĚƵĚŐĞƚĨŽƌ&ŝƐĐĂů zĞĂƌ ϮϬϮϬͲϮϬϮϭ ;&zϮϭͿ͘ dŚŝƐ ďƵĚŐĞƚ ƌĞƉƌĞƐĞŶƚƐƚŚĞƚŚŽƵŐŚƚĨƵůǁŽƌŬŽĨĚŽǌĞŶƐŽĨƉĞŽƉůĞŝŶĚĞǀĞůŽƉŝŶŐƚŚĞƐƉĞŶĚŝŶŐƉůĂŶĨŽƌŽƵƌŽƌŐĂŶŝǌĂƚŝŽŶĨŽƌƚŚĞ ĐŽŵŝŶŐĨŝƐĐĂůǇĞĂƌ͘ŽǌĞŵĂŶŝƐĂǀŝƚĂů͕ŐƌŽǁŝŶŐ͕ĂŶĚĐŚĂŶŐŝŶŐĐŝƚǇ͘dŚĞŝƚǇ͛ƐƚŽƚĂůďƵĚŐĞƚƚŚŝƐǇĞĂƌŝƐĞƐƚŝŵĂƚĞĚƚŽ ďĞΨϭϮϭŵŝůůŝŽŶ͘dŚŝƐǁŝůůƐƵƉƉŽƌƚϰϲϬ͘ϵϳĨƵůůͲƚŝŵĞĞƋƵŝǀĂůĞŶƚĞŵƉůŽǇĞĞƐĂŶĚΨϮϬ͘ϰŵŝůůŝŽŶŝŶĐĂƉŝƚĂůƐƉĞŶĚŝŶŐ͘dŚĞ &zϮϭďƵĚŐĞƚĞƐƚŝŵĂƚĞƐĂŶĂŶŶƵĂůŝŶĐƌĞĂƐĞŝŶƚĂǆĞƐĂŶĚĂƐƐĞƐƐŵĞŶƚƐĨŽƌƚŚĞƚǇƉŝĐĂůƌĞƐŝĚĞŶƚŝĂůƉƌŽƉĞƌƚǇŽǁŶĞƌŽĨ ΨϭϬϯ͘ϰϮ͕ŽƌΨϴ͘ϲϮƉĞƌŵŽŶƚŚ͘dŚŝƐŝŶĐůƵĚĞƐĂĨƵůůǇĞĂƌƉĂǇŵĞŶƚŽĨŽǌĞŵĂŶWƵďůŝĐ^ĂĨĞƚǇĞŶƚĞƌďŽŶĚƐ͕ƚŚĞŶĞǁ WĂƌŬƐΘdƌĂŝůƐŝƐƚƌŝĐƚĂƐƐĞƐƐŵĞŶƚĂŶĚŽƚŚĞƌĐŚĂŶŐĞƐďĂƐĞĚŽŶƌĞĐĞŶƚƌĂƚĞƐƚƵĚŝĞƐ͕ŐƌŽǁƚŚ͕ŝŶĨůĂƚŝŽŶ͕ĂŶĚ^ƚƌĂƚĞŐŝĐ WůĂŶŽďũĞĐƚŝǀĞƐ͘ COVIDǦ19FinancialChallengesandOutlook tŝƚŚƚŚĞƌĞƐƉŽŶƐĞƚŽKs/ͲϭϵƚŚĞhŶŝƚĞĚ^ƚĂƚĞƐ͛ĞĐŽŶŽŵǇŚĂƐĨĂůůĞŶŝŶƚŽĂƌĞĐĞƐƐŝŽŶĂŶĚŝŶƐŽŵĞĂƌĞĂƐŝƐŵŽǀŝŶŐ 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ĂƉŝƚĂůͲ&zϮϭŚĂƐŽǀĞƌΨϮϬ͘ϰŵŝůůŝŽŶŝŶĐĂƉŝƚĂůĞǆƉĞŶĚŝƚƵƌĞƐ͕ǁŚŝĐŚŝƐĂϳϮйĚĞĐƌĞĂƐĞŽǀĞƌ&zϮϬ͘&zϮϬŚĂĚƚŚĞ ŽǌĞŵĂŶWƵďůŝĐ^ĂĨĞƚǇĞŶƚĞƌ͛ƐΨϰϬŵŝůůŝŽŶĐŽŶƐƚƌƵĐƚŝŽŶ͘dŚĞƌĞĂƌĞŵĂũŽƌƌŽĂĚƐ ĨƵŶĚĞĚƚŚƌŽƵŐŚƚŚĞ^ƚƌĞĞƚ/ŵƉĂĐƚ&ĞĞ&ƵŶĚĂŶĚƌƚĞƌŝĂůŽůůĞĐƚŽƌŝƐƚƌŝĐƚƚŽƚĂůŝŶŐ ŝŶΨϳ͘ϱŵŝůůŝŽŶ͘tĂƚĞƌĂŶĚ^ĞǁĞƌƉƌŽũĞĐƚƐƚŽƚĂůΨϱ͘ϴŵŝůůŝŽŶ͘ZŽĂĚŵĂŝŶƚĞŶĂŶĐĞ͕ ǀĞŚŝĐůĞƌĞƉůĂĐĞŵĞŶƚƐ͕ĂŶĚďƵŝůĚŝŶŐŝŵƉƌŽǀĞŵĞŶƚƐĂƌĞŝŶƚŚĞƉůĂŶĂƐǁĞůů͘WĂƌŬƐǁŝůů ďĞĂĚĚŝŶŐƉĂƌŬŝŶŐƚŽƚŚĞ^ƚŽƌǇŵŝůůŽŵŵƵŶŝƚǇWĂƌŬ͕ĂŶĚWŝĐŬůĞďĂůůĐŽƵƌƚƐĂƚŽŐĞƌƚ WĂƌŬ͘Ks/ͲϭϵŚĂƐŶŽƚĐĂƵƐĞĚƵƐƚŽĚĞůĂǇĂŶǇĐĂƉŝƚĂůƉƌŽũĞĐƚƐĂŶĚŵĂŶǇǁĞǁĂŶƚ ƚŽŐĞƚŵŽǀŝŶŐƋƵŝĐŬůǇƚŽĂŝĚŝŶƚŚĞůŽĐĂůĞĐŽŶŽŵǇƌĞĐŽǀĞƌǇĞĨĨŽƌƚƐ͘ Reserves dŚĞ&zϮϭďƵĚŐĞƚŚĂƐĂŶŝŶĐƌĞĂƐĞŝŶƚŽƚĂůĨƵŶĚďĂůĂŶĐĞƐ͘dŚĞ'ĞŶĞƌĂů&ƵŶĚŝŶƚŚĞƉĂƐƚŚĂƐƌĞƐĞƌǀĞĚŝƚƐƌĞƋƵŝƌĞĚ ŵŝŶŝŵƵŵ ŽĨ ϭϲ͘ϲϳй ŽĨ ĂŶŶƵĂů ƌĞǀĞŶƵĞƐ͘ tĞ ĂƌĞ ƌĞĐŽŵŵĞŶĚŝŶŐ ƚŚĂƚƚŚĞ ŽŵŵŝƐƐŝŽŶ ŵŽǀĞ ƚŽǁĂƌĚƐ ƚŚĞ 'ŽǀĞƌŶŵĞŶƚ&ŝŶĂŶĐĞKĨĨŝĐĞƌƐƐŽĐŝĂƚŝŽŶ͛ƐƵƉĚĂƚĞĚďĞƐƚƉƌĂĐƚŝĐĞǁŝƚŚĂƌŝƐŬͲďĂƐĞĚĂƉƉƌŽĂĐŚ͘tĞǁŝůůďĞďƌŝŶŐŝŶŐ ĨŽƌǁĂƌĚĂŶKƌĚŝŶĂŶĐĞƚŽƵƉĚĂƚĞŽƵƌƌĞƐĞƌǀĞƉŽůŝĐǇƚŽĂůŝŐŶǁŝƚŚďĞƐƚƉƌĂĐƚŝĐĞ͘hƐŝŶŐ ƚŚĞƌŝƐŬďĂƐĞĚĂƉƉƌŽĂĐŚǁĞŚĂǀĞĚĞƚĞƌŵŝŶĞĚĂƌĞƐĞƌǀĞϭϳйŽĨĞǆƉĞŶĚŝƚƵƌĞƐĂƐƚŚĞ ŵŝŶŝŵƵŵĂŶĚƚŚĞŶŚĂǀĞĂŶĂĚĚŝƚŝŽŶĂůĂŵŽƵŶƚĨŽƌƵŶĞǆƉĞĐƚĞĚĞǆƉĞŶĚŝƚƵƌĞƐĂŶĚƚŽĂŝĚ ŝŶĞĐŽŶŽŵŝĐĚŽǁŶƚƵƌŶƐ͘tŝƚŚĞĐŽŶŽŵŝĐĐŚĂŶŐĞƐǁĞŶĞĞĚƚŽƉƌŽĐĞĞĚǁŝƚŚĐĂƵƚŝŽŶǁŝƚŚ ƚŚĞŽǌĞŵĂŶWƵďůŝĐ^ĂĨĞƚǇĞŶƚĞƌ͛ƐďƵĚŐĞƚĐŽƵŶƚŝŶŐŽŶƚŚĞƐĂůĞŽĨ&ŝƌĞ^ƚĂƚŝŽŶϭƚŽďĞ ĂƚůĞĂƐƚΨϮ͘ϱŵŝůůŝŽŶĂŶĚǁŝƚŚŽƚŚĞƌĐŚĂƌŐĞƐĨŽƌƐĞƌǀŝĐĞƐŝŶƚŚĞ'ĞŶĞƌĂůĨƵŶĚƚŚĂƚŵŝŐŚƚ ďĞŝŵƉĂĐƚĞĚŝĨƚŚĞƌĞŝƐĂƌĞƐƵƌŐĞŶĐĞŽĨKs/Ͳϭϵ͘/Ŷ^ƉĞĐŝĂůZĞǀĞŶƵĞĂŶĚŶƚĞƌƉƌŝƐĞ ĨƵŶĚƐ͕ĞĨĨŽƌƚƐŚĂǀĞďĞĞŶŵĂĚĞƚŽŵĂŝŶƚĂŝŶĂƌĞĂƐŽŶĂďůĞĨƵŶĚďĂůĂŶĐĞďĂƐĞĚŽŶƚŚĞ ŽƉĞƌĂƚŝŶŐĐŽŶĚŝƚŝŽŶƐĂŶĚĐŝƌĐƵŵƐƚĂŶĐĞƐŽĨƚŚĞĨƵŶĚ͘ FY21CitizenImpact ƚǇƉŝĐĂůƌĞƐŝĚĞŶƚŝĂůƉƌŽƉĞƌƚǇŽǁŶĞƌǁŝůůƐĞĞƚĂǆĞƐĂŶĚĂƐƐĞƐƐŵĞŶƚŝŶĐƌĞĂƐĞƐŽĨΨϭϬϯ͘ϰϮĨŽƌƚŚĞǇĞĂƌ͕ŽƌΨϴ͘ϲϮƉĞƌ ŵŽŶƚŚ͘dŚĞĞƐƚŝŵĂƚĞĚĐŽƐƚƉĞƌŵŝůůŝƐΨϰ͘ϴϮ͘dŚĞƚǇƉŝĐĂůƌĞƐŝĚĞŶƚŝƐĐĂůĐƵůĂƚĞĚƵƐŝŶŐĂŶĂǀĞƌĂŐĞƐŝǌĞĚůŽƚ;ϳ͕ϱϬϬƐ ƋĨƚͿ͕ŵĞĚŝĂŶŚŽŵĞŽĨΨϯϱϰ͕ϬϬϬ;ƚŚŝƐǁĂƐƚŚĞŵĞĚŝĂŶŚŽŵĞƚĂǆĂďůĞǀĂůƵĞĂƚůĂƐƚĂƉƉƌĂŝƐĂůĐǇĐůĞŝŶ&zϮϬͿĂŶĚǁĂƚĞƌ ƵƐĞŽĨϭϬͲ,&;ǁŽƵůĚďĞĐŚĂƌŐĞĚƚŝĞƌϮͿ͗ Ψϳ͘ϱŵŝůůŝŽŶŝŶŶĞǁ ƐƚƌĞĞƚƉƌŽũĞĐƚƐĂŶĚ Ψϱ͘ϴŵŝůůŝŽŶŝŶǁĂƚĞƌ ĂŶĚƐĞǁĞƌƉƌŽũĞĐƚƐ EĞǁ'ĞŶĞƌĂů&ƵŶĚ ZĞƐĞƌǀĞWŽůŝĐǇƚŽ ĂůŝŐŶǁŝƚŚ'&KĞƐƚ ƉƌĂĐƚŝĐĞƐĂŶĚĂŝĚŝŶ ƐĂĨĞŐƵĂƌĚŝŶŐƚŚĞŝƚǇ ĚƵƌŝŶŐĞĐŽŶŽŵŝĐ 5 219 LookingForward /ŶĚĞǀĞůŽƉŝŶŐƚŚŝƐǇĞĂƌ͛ƐƐƉĞŶĚŝŶŐƉůĂŶ͕ǁĞƌĞĂůŝǌĞƚŚĂƚƚŚĞƌĞĂƌĞĂŶƵŵďĞƌŽĨƉƌŽũĞĐƚƐŽŶƚŚĞŶĞĂƌŚŽƌŝǌŽŶƚŚĂƚǁŝůů ŝŵƉĂĐƚŽƵƌďƵĚŐĞƚŝŶƚŚĞĐŽŵŝŶŐǇĞĂƌƐ͘tĞŚĂǀĞďĞĞŶĚŽŝŶŐƚŚĞǁŽƌŬƚŽƉůĂŶĨŽƌƚŚĞŵĂƚƚŚĞĨŝŶĂŶĐŝĂůĂŶĚ ŽƉĞƌĂƚŝŽŶĂůůĞǀĞů͕ĂŶĚƚŚĞǇƌĞƉƌĞƐĞŶƚĞǆĐŝƚŝŶŐŽƉƉŽƌƚƵŶŝƚŝĞƐĂŶĚƐŝŐŶŝĨŝĐĂŶƚĐŚĂůůĞŶŐĞƐĨŽƌŽƵƌĐŽŵŵƵŶŝƚǇĂŶĚ ŽƌŐĂŶŝǌĂƚŝŽŶ͘ ŽǌĞŵĂŶWƵďůŝĐ^ĂĨĞƚǇĞŶƚĞƌĨƵůůďŽŶĚƉĂǇŵĞŶƚƐůĞǀǇĂŶĚŽƉĞƌĂƚŝŽŶĂůŵŝůůƐʹ&ŝƐĐĂůzĞĂƌϮϬϮϮƚŚĞŝƚǇǁŝůůďĞŐŝŶ ĨƵŶĚŝŶŐŽƉĞƌĂƚŝŽŶĂůĐŽƐƚƐĨŽƌƚŚĞďƵŝůĚŝŶŐ͕ŝŶĐůƵĚŝŶŐĂĚĚĞĚƐƚĂĨĨ͘ĚĚĞĚĐŽƐƚƐĂƌĞĞǆƉĞĐƚĞĚƚŽďĞĂƉƉƌŽǆŝŵĂƚĞůǇ ΨϱϮϰ͕ϬϬϬ͘dŚĞĨƵŶĚŝŶŐǁŽƵůĚĐŽŵĞĨƌŽŵĂ'ĞŶĞƌĂů&ƵŶĚŵŝůůůĞǀǇŝŶĐƌĞĂƐĞĂŶĚǁĞŚĂǀĞƐŚŽǁŶŝŶƚŚĞDŝůů>ĞǀǇ ĐĂůĐƵůĂƚŝŽŶŝŶƚŚĞƵĚŐĞƚ^ƵŵŵĂƌǇƐĞĐƚŝŽŶƚŽƌĞƐĞƌǀĞƚŚŝƐŶĞĞĚĞĚŵŝůůĐĂƉĂĐŝƚǇ͘ >ĂŶĚĨŝůůDŽŶŝƚŽƌŝŶŐͲtĞƵƐĞŐĞŶĞƌĂůĨƵŶĚŵŝůůůĞǀŝĞƐƚŽĨƵŶĚĐŽŶƚŝŶƵĞĚŵŽŶŝƚŽƌŝŶŐŽĨƚŚĞĨŽƌŵĞƌůĂŶĚĨŝůů͘tĞ ĐŽŶƚŝŶƵĞƚŽŵŽŶŝƚŽƌĂŶĚǁĞĂƌĞƐĞĞŝŶŐĂŶŝŶĐƌĞĂƐĞŝŶĨƵŶĚŝŶŐƚŽŬĞĞƉĐŽŵƉůŝĂŶĐĞ͘tĞǁŝůůďĞƚĂŬŝŶŐĂůŽŶŐĞƌůŽŽŬ ĂŶĚŝŶĐůƵĚĞƚŚŝƐŝŶŽƵƌƵƉĐŽŵŝŶŐĐĂƉŝƚĂůƉůĂŶ͘dŚŝƐŵŝŐŚƚŝŶĐůƵĚĞĨƵƚƵƌĞĚĞďƚĨŝŶĂŶĐŝŶŐĨŽƌĐĞƌƚĂŝŶƉƌŽũĞĐƚƐĂŶĚƚŚĞ ŐĞŶĞƌĂůĨƵŶĚŵŝůůƐǁŝůůďĞĨƵŶĚŝŶŐĚĞďƚƉĂǇŵĞŶƚƐĂŶĚŽƚŚĞƌŶĞĞĚĞĚĞǆƉĞŶĚŝƚƵƌĞƐ͘ Ks/ͲϭϵͲdŚĞKs/ͲϭϵƌĞƐƉŽŶƐĞĂŶĚŝŵƉĂĐƚǁŝůůĐŽŶƚŝŶƵĞǁĞůůŝŶƚŽ&zϮϭĂŶĚĐŽƵůĚŝŵƉĂĐƚĨƵƚƵƌĞǇĞĂƌƐǁŝƚŚƚŚĞ ĞĐŽŶŽŵŝĐĐŚĂŶŐĞƐ͘dŚŝƐŝƐǁŚǇǁĞŚĂǀĞĞŵƉŚĂƐŝǌĞĚƚŚĞŶĞĞĚƚŽĂůŝŐŶǁŝƚŚďĞƐƚƉƌĂĐƚŝĐĞƐĨŽƌŵŝŶŝŵƵŵƌĞƐĞƌǀĞƐĂŶĚ ƐŽŵĞĐƵƐŚŝŽŶŝŶŐďĞǇŽŶĚƚŽĂŝĚǁŝƚŚĂŶǇƐŚŽƌƚĨĂůůƐĨƌŽŵƚŚĞǀŝƌƵƐĞƐŝŵƉĂĐƚ͘ Conclusion /ŶĐůŽƐŝŶŐ͕ǁĞĂƌĞƚŚĂŶŬĨƵůƚŽƚŚĞŽŵŵŝƐƐŝŽŶ͕ĐŽŵŵƵŶŝƚǇŵĞŵďĞƌƐ͕ĂŶĚƐƚĂĨĨǁŚŽƉĂƌƚŝĐŝƉĂƚĞĚŝŶƚŚĞŵĂŶǇ ƉƌŽĐĞƐƐĞƐƚŚĂƚƌĞƐƵůƚĞĚŝŶƚŚŝƐďƵĚŐĞƚ͘^ƚĂĨĨƐƉĞŶƚŵĂŶǇŚŽƵƌƐĚŝƐĐƵƐƐŝŶŐƚŚĞ&zϮϭďƵĚŐĞƚ͕ĚĞƐŝŐŶŝŶŐŵĂŶǇ ƐĐĞŶĂƌŝŽƐĂŶĚŽƉƚŝŽŶƐƚŽƉůĂŶĨŽƌĞĐŽŶŽŵŝĐĐŚĂŶŐĞƐĚƵĞƚŽKs/Ͳϭϵ͘tŽƌŬŝŶŐƚŽŐĞƚŚĞƌ͕ǁĞŚĂǀĞĐŽŶƐŝƐƚĞŶƚůǇĨŽƵŶĚ ŝŶŶŽǀĂƚŝǀĞǁĂǇƐƚŽĚĞůŝǀĞƌƐĞƌǀŝĐĞƐĂŶĚŝŶǀĞƐƚŝŶŽƵƌĐŽŵŵƵŶŝƚǇŝŶĨŝƐĐĂůůǇƌĞƐƉŽŶƐŝďůĞǁĂǇƐ͘tĞďĞůŝĞǀĞƚŚĂƚƚŚĞ &zϮϭZĞĐŽŵŵĞŶĚĞĚƵĚŐĞƚǁŝůůĂůůŽǁƵƐƚŽĐŽŶƚŝŶƵĞƚŽŽƉĞƌĂƚĞĂŶĚĂĚǀĂŶĐĞƚŚĞŝƚǇŽĨŽǌĞŵĂŶ͘ tĞĂƌĞĂƌĞƐŝůŝĞŶƚ͕ĞŶƚĞƌƉƌŝƐŝŶŐ͕ĂŶĚĐƌĞĂƚŝǀĞĐŽŵŵƵŶŝƚǇ͘dŚĞ&zϮϭZĞĐŽŵŵĞŶĚĞĚƵĚŐĞƚŝƐĂŶĂĐŚŝĞǀĂďůĞƉůĂŶƚŽ ƉƌŽǀŝĚĞĞĨĨŝĐŝĞŶƚĂŶĚĞĨĨĞĐƚŝǀĞƐĞƌǀŝĐĞƐ͕ĂŶĚƚŽĂĐŚŝĞǀĞƚŚĞŽŵŵŝƐƐŝŽŶ͛ƐǀŝƐŝŽŶĂŶĚƉƌŝŽƌŝƚŝĞƐƐĞƚŽƵƚŝŶƚŚĞ^ƚƌĂƚĞŐŝĐ WůĂŶĨŽƌƚŚĞŝƚǇŽĨŽǌĞŵĂŶ͘ ZĞƐƉĞĐƚĨƵůůǇ͕ Jeff Mihelich ŝƚǇDĂŶĂŐĞƌ Anna Rosenberry͕ƐƐŝƐƚĂŶƚŝƚǇDĂŶĂŐĞƌ Kristin Donald͕&ŝŶĂŶĐĞŝƌĞĐƚŽƌ 6 220