FY21 Budget Kristine Lott, Mayor Jessie Baker, City Manager - Winooski, VT
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FY21 Budget
Kristine Lott, Mayor
Jessie Baker, City Manager
Winooski: Our Values
“For almost 100 years, Winooski has welcomed strivers -
people looking to build a better life for themselves and their
families. We’re a small city where neighbors know each
other. We’re a city where all of our kids learn together, play
together, and grow together. We’re a community where
everyone can participate in city government, in
neighborhood gatherings, and in our lively downtown.
We’re always striving to improve our city and to welcome
our next new neighbors.”
Winooski: Our Strategic Vision Winooski will be an affordable, livable, diverse community where the role of the government will be to foster and guide the following: Economic Vitality: Maintain and expand our economic development to ensure a long term vibrancy and small town feel. Municipal Infrastructure: Invest in the City’s municipal infrastructure, including energy resources, facilities, technology, roads, sidewalks, and water, sewer, and storm water lines, in order to make our City safe and accessible to residents and visitors while recognizing the critical role that we play in the region’s system. Housing: Ensure a mix of quality, affordable housing stock that maintains the character and aesthetics of our neighborhoods. Safe, Healthy, Connected People: Foster relationships across generations and cultures by providing safe, healthy environments and opportunities to connect and engage.
From Planning to Action
Policy
•
•
Master Plan
Transportation Plan
Updates • Community support for
key investments
• Parking Study
• Policies that match our
• Housing Needs Assessment • Master Plan in 2019 vision
• Economic Development • Land Use Regulations • Projects prioritized to
Plan
• Municipal Code achieve vision
• Capital Improvement Plan
• Aligning Staff and • Budget that responsibly
Commissions to Achieve Vision executes the vision
Municipal Actions and
Planning Outcomes
Hundreds of hours of community discussions and feedback
What Does this Budget Do? • Maintains current level of services • Moves forward four large capital projects previous approved • Main Street Revitalization • Myers Memorial Pool Reconstruction • Water and Street Improvements to Hickok Street • New Downtown Parking Infrastructure (Abenaki Garage) • Implements the Community’s Vision with no significant new asks
Maintains Quality Services to Residents
Main Street Revitalization Project Project Webpage: winooksivt.gov | Current Initiatives | Main St. Revitalization Project Status • Current status: Design (60% documents) • Final Design/Permits: March 20’-June 20’ • Bid Documents/Easements/Permits: June 20’ – Fall 20’ • Construction Bidding – Winter 2021 • Construction – Spring 2021 (Per Council scope approval) Project Financing FY21’ Capital Costs GF Engineering Services Debt: $80,513 (Approved FY20) GF construction set-aside: $74,550* *From Partial LOT & FY20’ Tax Rate revenue Project Cost Estimate • Total Project Estimate: $21M (60% design estimate) • USDA low-interest loan: $4.98M (water and sewer scope) • USDA grants: $3.59M (water and sewer scope) • Northern Border Grant: $450k (utility undergrounding scope) • Vtrans Grants: $689.6k (streetscape scope)
Myers Memorial Pool Reconstruction Project Webpage: winooksivt.gov | Current Initiatives | Myers Memorial Pool Renovations Project Status • Construction ($2.0M spent to-date) • Winter construction shutdown (2/6-3/25) • Estimated construction completion 6/6/20 • Mid-June opening day target Project Financing • Total Project Cost: $3.8M • Grants and Fundraising:$448,500 • City Bond Amount: $3.4M • FY 21’ Debt payment:$252,858 (20yr bond) Approved Construction Scope • Myrtha stainless steel liner system • 16’ tall water slide • Timber frame shade structure
Hickok Street – Phase 2 Final Reconstruction Scope
Project Webpage: winooksivt.gov | Current Initiatives | Hickok Street Reconstruction
Project Status
Phase 1 water distribution work is complete.
Currently in design phase for sanitary sewer, storm sewer
and street reconstruction scope. Final reconstruction work to
be completed by Fall 2020. Scope of work includes:
• Cured-in-place sewer pipe lining (minimal excavation)
• Manhole and catch basin repairs
• Curbing and sidewalk replacement
• Street pavement reconstruction and resurfacing
Project Financing
Water Fund Total Project Cost:$966k,Grant:$229k
FY21’ Debt payment:$34,449 (20yr SRF loan)
Sewer Fund Estimated Construction Cost:$490K
SRF debt payment start FY22’
General Fund Estimated Construction Cost:$1.06M
FY21’ General Obligation Bond interest payment: $35K
Abenaki Parking Garage No Tax Rate Impact Achieves • Implements the recommendations of the 2017 Parking Study • Provides new downtown parking infrastructure to the public, including residents of Winooski • Allows for the full buildout of the Tax Increment Financing District and the planned retirement of the TIF debt • Secures the vibrancy of Downtown • Allows for a hotel and VEIC office space to be developed in alignment with the Downtown Redevelopment Plan • Supports current and future businesses in Winooski Project Status • Development Agreement negotiations • Initial sitework investigation complete to support cost estimating and permitting
FY21 Budget Assumptions and Challenges
• COLA of 2%.
• Grand List Growth of .8% which results in $58,500 of new revenue
• Health insurance increasing 10.4% in January 2020 and projecting a 9%
increase in Health Insurance starting in January 2021
• Assuming Local Options Tax revenue of $355,700 (up from the budgeted
$277,018 in FY20) dedicated to capital
11FY21 General Fund Budget
FY20 FY21 (Proposed)
General Fund Budget $ 7,303,506 $ 7,627,149
Taxes Raised $ 5,728,123 $ 5,926,638
Tax Rate 1.1295 1.1571
% change 5.67% 2.45%
Budget increase of 2.45%.
• 1.55% of that is for Pool Operations
For a home assessed at $225,000
• Projected tax bill =$2,603.57
• An increase of $62.19 from FY20 (or $15.55 a quarter)
• $39.34 for Pool Operations
• $22.86 for General Operations
12Water and Wastewater Rates for
Capital Projects
Water Rate: 2.5% increase = $39.64 to $40.63 per 1000 cf
Wastewater Rate: 4.0% increase = $50.03 to $52.03 per 1000 cf
For a typical three bedroom residential household the cost increase for water and sewer is:
90 gal/day/person x 3 people = 270 gal/day = 13.2 (1,000CF/year)
Annual FY20 Rate FY21 Rate Annual Increase
Usage ($/1000CF) ($/1000 CF) Cost from FY20
(1000 CF)
Water 13.2 $39.64 $40.63 $536.32 $13.07
Sewer 13.2 $50.03 $52.03 $686.80 $26.40
Water (% change) 2.5% 2.5%
Sewer (% change) 3.0% 4.0%
13General Fund
Total FY21 Proposed General Fund budget is $7,627,148.62
Revenue Licenses & Permits Expenditures
Other Community Center General
0.2% 2.1% 4.2% Capital
Administration
13%
Regional 17%
Fees, Fines & Forfeits Programs
2.3% 3%
Fire & Code
Intergovernmental Community Enforcement
6.4% 6%
Services
7%
Investment Income
0.3% O'Brien
Community
Center
4%
Charges for Services Property Taxes &
1.6% PILOT
83.0%
Police
Public Works 34%
16%
14What’s the bigger service area picture?
Service Areas Regional
Fire & Code Programs
Enforcement 2%
Service Area FY21 Expenses Community 5%
Services
Public Works $ 4,581,149 5%
TIF $ 3,316,631
Parking
Police $ 2,676,057 8%
Public Works
Administration $ 1,444,764 30%
Parking $ 1,266,019
Administration
Community Services $ 834,205 10%
Fire & Code Enforcement $ 706,750
Regional Programs $ 256,200 Police TIF
18% 22%
$15,081,774
15Tax Rate History
Tax % Increase from
Rate Prior Year
FY15 $1.0150 2.01%
FY16 $1.0250 0.99%
FY17 $1.0325 0.73%
FY18 $1.0450 1.21%
FY19 $1.0689 2.29%
FY20 $1.1296 5.68%
16Big Community Decisions Big Outcomes
This proposed budget allows us to maintain current level of services
and move forward with ongoing capital projects
17Winooski Counts! Census 2020 • Every ten years, the U.S. Constitution requires a count of all persons in the United States • The number will determine how more than $675 billion in Federal dollars will be distributed to states and communities • Programs include • Special education funding • School lunch programs • Meals on wheels • Fuel assistance • Medicare • Housing rehabilitation • Early childhood education • You can respond online, on the telephone, or in writing – but please respond! • Let’s make sure we count!
PLEASE VOTE!
Tuesday March 3, 2020
7 am to 7 pm
Senior Center – Barlow Street
Register Early or At the Polls
Absentee Ballots are Now AvailableTo Contact Us
Phone: (802) 655-6410
E-mail:
jbaker@winooskivt.gov
mayor@winooskivt.govYou can also read
