2020 BUDGET AT A GLANCEA REPORT TO OUR CITIZENS
THE FUTURE OF OUR CITY LIES WITHIN THE BUDGET
In this document, we lay the foundation for our goals and establish the framework through which to achieve them. We are dedicated to making our government more transparent, and this document is
just one of the tools we are using to achieve that commitment.
MAYOR MARK W. MYERS
CITIZEN BUDGET REPORT 02
2020 FINANCIAL GOALS
• Maintain strong operating fund reserves• Consistently present structurally balanced budgets • Maintain healthy Rainy Day balance• Offer highest level of financial reporting and transparency
2020 BUDGET GOALS
• Adopt balanced budget • Support budget requests tied to long-term strategic goals• Minimize increases in the property tax levy• Maintain financial transparency and budget communication efforts
WHO WE SERVE
• 58,778 residents • 3,997 under age 5• 11,579 between ages 5 and 18• 35,149 between ages 18 and 65
Source: Census Quick Facts Population Estimates, July 1, 2019 (V2019)
• 8,053 over age 65 • 21,793 households • 4,488 businesses • Over 21 square miles
CITIZEN BUDGET REPORT 03
May 1,2019
Mayor communicates budget goals and priorities to department heads
May – July 1, 2019
Internal meetings with departments to discuss plans
August 31, 2019
Final draft is prepared, work papers are updated
September 4, 2019
Department budgets presented to Council (night one)
September 16, 2019
Budget introduced to Council (night two)
October 7, 2019
First reading and public hearing of budget
October 21, 2019
Council approved budget through ordinance adoption
BUDGET PROCESS & CALENDARBELOW IS AN ABBREVIATED VERSION OF THE 2020 BUDGET CALENDAR.
FOR MORE INFORMATION, VISIT GREENWOOD.IN.GOV.
CITIZEN BUDGET REPORT 04
MAJOR BUDGET ASSUMPTIONSNET ASSESSED VALUE AND PROPERTY TAX CAP IMPACT
(HISTORIC AND PREDICTED)
IMPACT OF TAX CAPS
$(200,000)
$(400,000)
$(600,000)
$(800,000)
$(1,000,000)
$(1,200,000)
$-2011 2012 2013 2014 2015 2016 2017
$(1,400,000)
2019 2020 est.
PERCENT CHANGE NAV
6.00%
4.00%
2.00%
0.00%
-2.00%
-4.00%
-6.00%
-8.00%
-10.00%
-12.00%2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
8.00%
2018 20202019
CITIZEN BUDGET REPORT 05
2020 BUDGETED REVENUESUMMARY OF RECEIPTS AND OTHER FINANCING SOURCES
PROPERTY TAXES COLLECTED36%
OTHER TAXES30%
LICENSES & PERMITS
2%
INTERGOVERNMENTAL REVENUE
10%
CHARGES FOR SERVICES
11%
FINES AND FORFEITURES
1%
GRANT REVENUE0%
MISC. REVENUE5%
OTHER FINANCINGSOURCES5%
2020 2019 2018Property Taxes $13,275,512 $13,533,185 $13,013,810 Other Taxes $10,938,846 $9,809,219 $10,281,580 Licenses and Permits $758,400 $774,869 $755,970 Intergovernmental Revenue $3,758,553 $3,986,795 $3,748,990 Charges for Services $3,865,086 $3,775,549 $3,547,110 Fines and Forfeitures $217,160 $201,423 $196,610 Grant Revenue $121,000 $102,910 $100,400 Misc. Revenue $2,025,600 $778,653 $407,400 Other Financing Sources $1,760,058 $1,656,123 $1,615,730 Transfer In $6,878 $6,710
Total Revenue & Sources $36,720,215 $34,625,603 $33,674,310
CITIZEN BUDGET REPORT 06
2020 BUDGETED EXPENDITURESSUMMARY OF EXPENDITURES AND OTHER FINANCING USES
Hea
lth In
sura
nce (B
OPW
)
Gener
al G
over
nmen
t
Public S
afet
y
Boards &
Com
miss
ions
Parks
& R
ecre
atio
n
Aviat
ion
Roads &
Stre
ets
Court &
Pro
batio
n
Rainy D
ay
Capita
l Funds
Deb
t Ser
vice
$-
$15,000,000
$12,000,000
$9,000,000
$6,000,000
$3,000,000
2020 2019 2018 2017 2016
Health Insurance (BOPW) $2,550,900 $2,463,950 $2,325,958 $2,254,380 $3,111,409
General Government $7,493,437 $6,541,446 $5,438,359 $5,486,691 $5,545,377
Public Safety $14,755,046 $14,177,479 $13,012,640 $12,183,524 $11,193,076
Boards & Commissions $232,730 $230,456 $223,705 $185,200 $163,400
Parks & Recreation $3,281,208 $2,792,576 $2,464,319 $1,970,752 $1,859,018
Aviation $1,262,720 $1,135,984 $1,115,911 $1,118,218 $1,065,935
Road & Street $4,994,729 $4,471,510 $3,963,330 $3,454,975 $3,375,575
Court & Probation $1,385,041 $1,198,863 $1,108,045 $930,258 $820,286
Rainy Day $200,000 $225,000
Capital Funds $2,147,855 $2,364,003 $2,081,944 $1,880,284 $1,816,696
Debt Service $1,448,164 $1,448,428 $1,594,737 $1,030,857 $1,042,441
Total Expenditures $39,551,830 $36,824,694 $33,328,948 $30,695,138 $30,218,213
CITIZEN BUDGET REPORT 07
• Public Safety – Police Department: Body cameras – Police Department: Tasers – Police Department: Patrol cars (12 units) – Fire Department: Fire Station 92 HVAC improvements – Fire Department: Incident tracking software
• Infrastructure – Airport: North-end hangar construction – Airport: Security equipment – Road & Streets: Annual bit-overlay project – Road & Streets: Main Street & Meadowview roundabout right of way and construction – Road & Streets: Asphalt paver, tandem-axle dump truck, paint machine and backhoe
• Quality of Life – Parks & Recreation: Fry Road Hampton House improvements – Parks & Recreation: Old City Park playground equipment – Parks & Recreation: Ground maintenance machinery and equipment
• Operational Excellence – Human Resources: Increase full-time staff by 20 employees, including four police officers and six firefighters – Information Technology: General government desktop computer upgrades – Fleet Maintenance: New general government fleet vehicles – Fleet Maintenance: Shop equipment improvements – Finance: Munis accounting, payroll and HR software
2020 PLANNED CAPITALAND STAFFING INVESTEMENTS
OVER $4.762 MILLION PLANNED IN 2020
CITIZEN BUDGET REPORT 08
GOING FORWARD CHALLENGES AND GOALS
LONG-TERM STRATEGIC GOALS FOR 2020 AND BEYOND
AS PART OF A MULTI-YEAR STRATEGIC PLANNING PROCESS, MAYOR MYERS HAS OUTLINED
FIVE PRINCIPLES TO GUIDE GREENWOOD ON THE PATH OF PRIDE AND PROGRESS.
CONTACT USWE WANT TO HEAR FROM YOU!
Do you like this report? Do you believe it should include any other information? Please let us know by contacting the Finance Department at 317-887-5288, or email us at [email protected].
PUBLIC SAFETY
QUALITY OF LIFE
ECONOMIC DEVELOPMENT
INFRASTRUCTUREOPERATIONALEXCELLENCE
PRIDE &PROGRESS
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