revenue hearing 2016 budget

7/24/2019 Revenue Hearing 2016 Budget

1/34

CITY OF SPOKANE

2016 BUDGETREVENUE UPDATE

CITY OF SPOKANE

2016 BUDGETREVENUE UPDATE

1


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REVENUE UPDATE

Hearings and other key dates

Revenue overview

Property Tax

Sales Tax Utility Tax

REET

2


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2016 BUDGET KEYDATES

Budget Hearings Nov 2nd Revenue Hearing

Nov !th Budget Hearing " Utilities

Nov 1#th

Budget Hearing B$S%Streets Nov 2&rd Budget Hearing Poli'e ( )ire

Nov &*th )inal Pu+li' Hearing on Budget

,ther -ey $ates

Nove.+er !th Property Tax ,rdinan'e /oun'il Brie0ng Nove.+er 2nd

)inan'e /o..ittee ,'to+er th

&


4/34

GENERAL FUNDREVENUE

Property3 Sales3 ( Utility Taxes 4 5*6 o7 total8) revenue Property tax 163 New /onstru'tion3 9i+rary and

Street 9evies :;P$ < 16 re=uiring su+stantial need

resolution> Sales tax 5?@6

Aaority to the State

8eneral )und C 16

Private Utility tax rates 'apped at #6 Utility Tax on /ity Utilities rates set +y /ity

/oun'il

D


5/34

GENERAL FUND REVENUE

Property Tax; 24%

Sales & Use Tax; 22%Private Uti lity Tax; 16%

Tax on Municipal Utilities; 19%

Other; 19%

2015 Adopted BudgetGeneral Fund Revenue

Property Tax; 24%

Sales & Use Tax; 22%

Private Utility Tax; 1%

Tax on Municipal Utilities; 2!%

Other; 2!%

2016 Proposed BudgetGeneral Fund Revenue


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REVENUE

PROJECTIONS Property Tax revenue 16 in'rease " pu+li' sa7ety 'apital

9i+rary 999 F*?*@ % F13*** G :2*1D 2*1@>

Streets 999 F*?@ % F13*** G :2*1 2*&D> Sales Tax &?*6 in'rease

2*1 /urrently C &?@6 higher than prior year

Private Utility tax revenue C &6 in'rease

/ity Utility tax revenue C 2?!6 in'rease Utility rate in'reases +ased on long ter. /P;

#


7/34

PROPERTY TAXES

Ihere do .y property taxes go Total levy

/ity levy +reakdown

Aill rate annual 'o.parison

9evy 6 'hange Regular 9evy

9evy a.ounts Regular 9evy

New /onstru'tion ;.pa'ts

@


8/34

5

Where D !" Pr#er$"T%&e' G(

Fr e)er" *1+000 #%,- ,. #r#er$" $%&e'+ $he C,$"

/e$' *1

City of Spokane; 31%

Spokane Public Schools; 42%

State o7 IashingtonJ 1#6

Spokane County; 11%

2015 Allocation of Property Taes


9/34

ALLOCATION OF $1,000 INPROPERTY TAXES

SPOKANE PUBLIC SCHOOLS $424 (PY $425)

STATE OF WA (SCHOOLS) $159 (PY $16)

SPOKANE COUNTY $106 (PY $95)

CITY OF SPOKANE$!1! (PY $!1!)

!


10/34

1

*

Where De' $he *1 G(

Fr e)er" *1+000 #%,-+ *13 /e' $ $heGe.er%4 F5.-

O)er 1 ,' )$er %##r)e- 7r '#e8,98

8eneral )und % T;)J #*6

oted Street 9evyJ 1&6

oted 9i+rary 9evyJ 26

!ire Pension !un"; #%

oted EAS 9evyJ 116

oted Park BondsJ 56

2015 Allocation of City Portion of Property Taes


11/34

ALLOCATION OF $!1! CITYFUN"S

#ENERAL FUN" $1

%OTE" STREET LE%Y $ 40

%OTE" E&S LE%Y $ !5%OTE" PARK BON"S $ 25

FIRE PENSION FUN" $ 21

%OTE" LIBRARY LE%Y $ 5

1

1


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CITY OF SPOKANE LE%Y RATE '0'16

1

2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!14 2!1 2!16 $st!%!!

!%!

1%!!

1%!

2%!!

2%!

#%!!

#%!

4%!!

4%!

%!!

City of Spokane evy Rate Co!parison

Total &evy 'e(ular &evy )O *on+ &evy $MS &evy

Rate per "1#000 A$


13/34

CITY OF SPOKANELE%Y &ILL RATE CO&PARISON

2!12 2!1# 2!14 2!1 2!16

$st

'e(ular evy 2" 292 #!# #6! #1

$MS evy !! !! !! !! !49

,ote+ -e.t !"9 !92 !91 !# !#4

Total /ity rate %&2% %&'% %&%% %&%5 %&'%

12!16 .ase+ upon 0, estiates ro /ounty

PROPERTY TAX RE%ENUE


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PROPERTY TAX RE%ENUE CHAN#E

1

D 2!14 an+ 2!1 are estiate+ aounts

200( 200) 200* 2010 2011 2012 201' 201% 2015 2016

+10&00,

+5&00,

0&00,

5&00,

10&00,

15&00,

20&00,

25&00,

'0&00,

City of SpokaneRegular Property -a. evy

$est

Plains

Anneatio

n

oter

Appro&e"

'e&y 'i"

'ift

(anke"

Capacity

)

'ibrary

'e&y 'i" 'ift

Street

'e&y 'i"

'ift


15/34

RE#ULAR PROPERTY TAX LE%Y

1

2!14 an+ 2!1 are estiate+ aounts2!!3 2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!14 2!1 2!16

1!!!!!!!

1!!!!!!

2!!!!!!!

2!!!!!!

#!!!!!!!

#!!!!!!

4!!!!!!!

4!!!!!!

!!!!!!!

!!!!!!

6!!!!!!!

City of Spokane Regular Property -a. evy

'e&y 'i" 'ift

*Public Safety) 'ibrary+

$est

Plains

Anneati

on

1%,

(anke"

Capacity,

oter

Appro&e"

'ibrary 'i"'ift

Street 'e&y


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NEW CONSTRUCTION I&PACT

1

#200320042005200-200#200.200/201020112012201320142015201-

!

2!!!!!

4!!!!!

6!!!!!

"!!!!!

1!!!!!!

12!!!!!

Regular 9evy Revenue 7ro. New /onstru'tion


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SALES TAX

Sales Tax /o.ponents Sales tax 'olle'tion 9o'al ,ption

16

D"year .onth over .onth

'o.parison Gnnual per'ent 'hange

G'tual sales tax growth v? K+aselineLgrowth

1

@


18/34

SALES TAX CO&PONENTS

Sales Ta Coponents

State o7 Iashington #?*6

C*+ -. S/-3 100

Spokane Transit Guthority :STG> *?#*6

Pu+li' )a'ilities $istri't *?1*6/ri.inal Musti'e *?1*6

Muvenile $etention *?1*6

Pu+li' Sa7ety ( Health *?1*6

Aental Health *?1*6E.ergen'y /o..uni'ations *?1*6

Total .#0%

1Spokane County gets 15% of Citys 1% tax


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SALES TAX

/A State "6&50

/ity o Spo5ane; !"4

State 0+in 7ees; !!2

/riinal 8ustice ; !1!

Pu.lic Saety; !1!

$er(ency /os; !1!

-etention an+ 8ails; !1!

Pu.lic 7acilities -istrict; !1!

Spo5ane /ounty; !1

Mental ealth Treatent; !1!

Spo5ane Transit; !9

Sales -a. istriution-3e City o4al Sales -a. Generates "0&)% Fro! a "100 -a.ale Sale

1

!


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SALES TAX RE%ENUE

2

*Local Option Sales Tax

Man )e+ Aar Gpr Aay Mun Mul Gug Sep ,'t Nov $e'*?**

*?*

1?**

1?*

2?**

2?*

&?**

&?*

D?**

D?*

Aonthly Sales Tax

2*11 2*12 2*1& 2*1D 2*1 Est


21/34

SALES TAX RE%ENUE

2

1Local Option Sales Tax

Man )e+ Aar Gpr Aay Mun Mul Gug Sep ,'t Nov $e'*?**

?**

1*?**

1?**

2*?**

2?**

&*?**

&?**

D*?**

D?**

/u.ulative Sales Tax

2*11 2*12 2*1& 2*1D 2*1 Est


22/34

SALES TAX ANNUAL CHAN#E

2

22015 and 2016 are estiates

2!!# 2!!4 2!! 2!!6 2!!3 2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!14 2!1 2!16

:"!!%

:6!!%

:4!!%

:2!!%

!!!%

2!!%

4!!%

6!!%

"!!%

1!!!%

12!!%

City of Spokaneo4al ption Sales -a.

ear over ear , C3ange


23/34

ACTUAL INCREASES % 25BASELINE7

2

&2015 and 2016 are estiates

2!!1 2!!2 2!!# 2!!4 2!! 2!!6 2!!3 2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!142!1 est2!16 preli26!!

2"!!

#!!!

#2!!

#4!!

#6!!

#"!!

4!!!

42!!

44!!

City of Spokane

o4al ption Sales -a.

0ctual /han(e 2% 0nnual )roth


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UTILITY TAXES

Utility Taxes Private Utilities Ele'tri'

Natural 8as

Telephone

/a+le

Utility Taxes /ity Utilities Iater

Sewer%Stor.water%;ntegrated /apital

Solid Iaste

2

D


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PRI%ATE UTILITY TAX RE%ENUE

22015 ! 2016 are estiated aounts

2!!3 2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!14 2!1 2!16!!!

!!

1!!!

1!!

2!!!

2!!

#!!!

2#3

26"!23!

249

269261

2!"2" 26!!

263!

Private 7tility -a.

8illions of "


26/34

PRI%ATE UTILITY TAX RE%ENUE


2!! 2!!6 2!!3 2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!14 2!1 2!16

:1!%

:1!!%

:!%

!!%

!%

1!!%

1!%

2!!%

7tility -a. Revenue + Private 7tilities ear over ear , C3ange

UTILITY TAX RE%ENUE CITY


27/34

UTILITY TAX RE%ENUE 8 CITYUTILITIES


2!!3 2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!14 2!1 2!16!!!

!!

1!!!

1!!

2!!!

2!!

#!!!

#!!

4!!!

2!6#

29 26!"2321

2991#121 #166

#261#4!!

#!!

7tility -a. Revenue

City 7tilities

9n 8illions of "

C


28/34

UTILITY TAX RE%ENUE 8 CITYUTILITIES


2!!3 2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!14 2!1 2!16!!%

!%

1!!%

1!%

2!!%

2!%

#!!%

!9%

24!%

19%

4#%

99%

4#%

14%#!%

4#%29%

Utility Tax 'evenue : /ity Utilities


29/34

PR,P,SE$ 2*1# 8) REENUE

F1D&?!#?&

?@

1&?1

2?!?5

*?2

F1@@?!

2?!%

Taxes

9i'enses%Per.its

;8 Revenue

/harges 7or Servi'es

)ines%)or7eits

Ais'? Revenue

,ther Revenues

Total 8) Revenue2

!

F 1?5

#?2

D?!

1&?&

&?*D?#

*?1

F1#5?!

F1D*?*

#?D

?2

12?

2?!?&

*?

F1@2?52?&16

201% A4tual 2015 ;S-& A4tual 2016 Proposed9n 8illions


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2*1# 8ENERG9 )UN$

242%

216%

19%

1"%

34%#6%

2"%

21%

13%1#%

1!!!%

Property Tax

Sales and Use Tax

/ity Utility Gssess.ents

Private Utility Tax

/harges 7or Servi'es 9i'enses ( Per.its

;ntergovt Revenue

;nterest

)ines ( )or7eits

,ther

Total 8) Revenue&

*

2#3%

22!%

193%

149%

3#%#6%

#2%

#!%

16%

1!%

1!!!%

, of


31/34

REAL ESTATE EXCISE TAX

&

2!!2 2!!# 2!!4 2!! 2!!6 2!!3 2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!142!1 est2!16 est!%!!

1%!!

2%!!

#%!!

4%!!

%!!

6%!!

3%!!

"%!!

#%344%!#

4%92

6%"# 6%66%2!

4%43

#%122%"2

2%#!

2%9!

#%"

4%#64%96

%12

City of Spokane Real ;state ;.4ise -a. Revenue

Annual Revenue


32/34

REAL ESTATE EXCISE TAX ANNUAL PERCENT CHAN#ES

&

2!!4 2!! 2!!6 2!!3 2!!" 2!!9 2!1! 2!11 2!12 2!1# 2!14 2!1 2!16

:4!!%

:#!!%

:2!!%

:1!!%

!!%

1!!%

2!!%

#!!%

4!!%

!!%

22!%

#"3%

-2.6%

:63% :239% :#!2% :9"%

-18.3%

26.3%23.3%

21"%

1#"%

3.2%


33/34

Ouestions

&

&


34/34

PR,P,SE$ 2*1# 8) REENUE

F1D&?!#?&&

?@2

1&?*#

2?!*?@

*?1@

F1@@?55

D?#%

Taxes

9i'enses%Per.its

;8 Revenue

/harges 7or Servi'es

)ines%)or7eits

Ais'? Revenue

,ther Revenues

Total 8) Revenue&

D

F1?@

#

#?1!

D?5@1&?&1

&?*5

D?#2

*?*@

F1#5?!*

F1&!?D1

#?1

D?@1

12?D

2?5@&?!!

*?D@

F1@*?1&*?5D6

201% A4tual 2015 Adopted 2016 Proposed9n 8illions

revenue hearing 2016 budget

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