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HomeMy Public PortalAbout2024 0123 Budget Workshop Packet City of Riverdale, Iowa 110 Manor Drive, Riverdale, Iowa 52722  (563) 355-2511  www.riverdaleia.org CITY OF RIVERDALE, IOWA COUNCIL BUDGET WORKSHOP AGENDA PLACE: Community Room, City Hall, 110 Manor Drive, Riverdale, Iowa 52722 DATE: January 23, 2024 TIME: 6:00 p.m. A budget workshop of the City Council of Riverdale, Iowa, will be conducted according to the following order, and actions will be considered on the items listed. The notice of this meeting is not considered final until 24 hours prior to the meeting and may be further modified if 24 hours’ notice is impossible or impractical for good cause. In compliance with the Americans with Disabilities Act (ADA) and other applicable federal and state laws, all public hearings and meetings held or sponsored by the City of Riverdale, Iowa, will be accessible to individuals with disabilities. Persons requiring auxiliary aids and services should contact City Hall at (563) 355-2511 five days prior to the hearing or meeting to advise of their anticipated attendance. Per Chapter 21 of the Iowa Code, more specifically described in sections 21.3 and 21.8 , a member of the Council may attend the meeting either in-person or by electronic means, as defined in said sections. 1. WELCOME 1.1 Call to order 1.2 Roll call 1.3 Pledge of Allegiance 1.4 Consideration of approval of the workshop agenda 2. DISCUSSION AGENDA 2.1 Draft updated Capital Improvements Plan for FY24-FY28 2.2 Anticipated FY25 Revenues 2.3 Anticipated FY25 Expenses 3. ADJOURNMENT Department Project FY24 FY25 FY26 FY27 FY28 Total Project Complete? General Government Office furniture/flooring 1,500.00$ 1,500.00$ Yes Public Works Quiet zone study 9,817.00$ 9,817.00$ Yes Public Works Parks signage (Eagle Scout project)10,000.00$ 10,000.00$ Sanitary Sewer Capital improvements 127,094.00$ 59,357.00$ 36,562.00$ 39,902.00$ 39,718.00$ 302,633.00$ Public Works Sanitary sewer rehabilitation phase III 150,000.00$ 150,000.00$ General Government City Hall parking lots reconstruction 467,600.00$ 467,600.00$ Yes Public Works Peggy's Park street barrier 5,000.00$ 5,000.00$ Public Works Council Chambers a/c replacement 8,000.00$ 8,000.00$ General Government Council Chambers furniture 13,000.00$ 13,000.00$ Public Works Peggy's Park shelter 20,000.00$ 20,000.00$ Public Works Traffic light upgrades 25,000.00$ 25,000.00$ 25,000.00$ 25,000.00$ 100,000.00$ General Government City Hall security updates 25,000.00$ 25,000.00$ Public Works Hwy 67 storm water intakes 35,000.00$ 35,000.00$ 35,000.00$ 35,000.00$ 140,000.00$ Public Works Crack sealing & pavement patching 58,500.00$ 38,500.00$ 38,500.00$ 38,500.00$ 174,000.00$ Public Works Playground equipment 60,000.00$ 60,000.00$ Public Works Quiet zone construction 200,000.00$ 200,000.00$ 100,000.00$ 500,000.00$ Public Works Pickup truck 50,000.00$ 50,000.00$ Public Works Bellingham Road engineering 80,000.00$ 80,000.00$ 766,011.00$ 308,857.00$ 335,062.00$ 338,402.00$ 368,218.00$ 2,116,550.00$ GRAND TOTALTOTAL BY FY Capital Improvements Plan FY24-FY28 Revised January 2024 EXPENSES BY PROJECT & FISCAL YEAR Removed from list: Fire Department Fire equipment setaside separate tax - not needed on this list Public Works Fenno t-turn/cul-de-sac project abandoned Future years/unscheduled: Public Works Bellingham Road construction 1,040,000.00$ Public Works Maintenance facility property acquisition 50,000.00$ Public Works Maintenance facility construction 800,000.00$ Public Works Utility tractor 50,000.00$ Public Works Fieldcrest drainage Unknown Public Works Manor hill drainage Unknown Public Works Woods Estates detention pond acceptance and maintenance Unknown Public Works Woods Estates trail connections/pocket park Unknown General Government City Hall remodel and wall-mounted television Unknown Sanitary Sewer Future capital improvements FY29 38,780.00$ FY30 27,937.00$ FY31 36,476.00$ FY32 38,265.00$ FY33 52,261.00$ FY34 227,897.00$ FY35+1,675,281.00$ City of Riverdale, Iowa 110 Manor Drive, Riverdale, Iowa 52722  (563) 355-2511  www.riverdaleia.org PUBLIC WORK AND OPERATIONS 2024 2025 BUDGET 1. Purchase new PW truck including amber warning lights $49,682.93(gas) $60,432.93 (Diesel) 2. Upgrade security cameras at city hall. $24,050. Yearly subscription $1,790.00 3. Matching funds for a shelter in Peggy’s Park. $20,000 4. Replace the AC unit for council chambers. $8000.00 4. Crack fill and seal coat Feno Drive from $16,620.00 5. Bellingham repairs. $154,900 6. Peggy’s Park fence or natural barrier $5,000 7. Potential stop light up grades $100,000. Grant opportunity for this depending what the traffic study recommends. 8. Training $5,000.00 9. New Council room set up $13,000 Sincerely, Brian Ballard Operations Manager, Public Works City of Riverdale, Iowa 110 Manor Drive, Riverdale, IA 52722 W. 563.355.2511 C. 563.949.0464 operations@riverdaleia.org www.riverdaleia.org FEE: Projected Riverdale Portion of Upgrades to Joint Sewer Plant h:. Schadt, Brian <Brian.Schadt davenportiowa.com: Tc Kelly Krell Cc Brian Ballard; Gleason, Nicole,: Miers, Dan,: Hradek, Doug; Merritt,, Clay O&M Assessment 2022.xIsx 111 KB Kelly; r 1 t, Reply <E) Reply All Forward Wed 12/20/202310:57 AM have attached our O&M and GIP Assessment in which we tried to capture needed project& What has not been added to this yet is approximately $16 Million of work which may be proposed for the digesters and we are getting ready to start looking at the long term needs for plant capacity increases. I used the current allocation percentages on the summary sheet for all entities_ Hope this helps. Give me a call with any questions_ Brian 'l hadt, P.E. City Engineer I Department of Engineering and Capital Projects City of Davenport T 563-326-7923 1M 563-529-55+69 1200 East 46th Street, Davenport, IA 52807 davenportiowra. cam 1 2 3 4 5 6 7 8 9 10 11 12 13+ FY2023 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 FY2031 FY2032 FY2033 FY2034 Future CIP Total WPCP CIP Projects 8,150,000.00$ 9,350,000.00$ 3,096,500.00$ 1,850,000.00$ 2,337,500.00$ 1,500,000.00$ 1,422,500.00$ 374,000.00$ 1,200,000.00$ 1,300,000.00$ 745,500.00$ 20,407,300.00$ 141,200,000.00$ 192,933,300.00$ WPCP Asset Replacement 2,159,507.00$ 1,619,523.00$ 971,873.00$ 548,131.00$ 543,119.00$ 1,321,841.00$ 1,190,274.00$ 613,628.00$ 910,936.00$ 1,230,424.00$ 834,414.00$ 387,923.00$ 17,057,008.00$ 29,388,601.00$ WPCP Annual O&M 469,400.00$ 799,712.00$ 1,179,456.00$ 686,644.00$ 473,412.00$ 569,356.00$ 637,344.00$ 554,712.00$ 915,456.00$ 719,644.00$ 624,012.00$ 865,756.00$ 2,991,712.00$ 11,486,616.00$ Compost 115,000.00$ 570,000.00$ 515,000.00$ 465,000.00$ 520,000.00$ 465,000.00$ 515,000.00$ 1,170,000.00$ 515,000.00$ 465,000.00$ 2,870,000.00$ 465,000.00$ 1,400,000.00$ 10,050,000.00$ TOTAL 10,893,907.00$ 12,339,235.00$ 5,762,829.00$ 3,549,775.00$ 3,874,031.00$ 3,856,197.00$ 3,765,118.00$ 2,712,340.00$ 3,541,392.00$ 3,715,068.00$ 5,073,926.00$ 22,125,979.00$ 162,648,720.00$ 243,858,517.00$ Davenport 8,514,677.71$ 9,644,346.08$ 4,504,227.15$ 2,774,504.14$ 3,027,942.63$ 3,014,003.58$ 2,942,816.23$ 2,119,964.94$ 2,767,951.99$ 2,903,697.15$ 3,965,780.56$ 17,293,665.19$ 127,126,239.55$ 190,599,816.89$ Bettendorf 2,259,396.31$ 2,559,157.34$ 1,195,210.73$ 736,223.34$ 803,474.03$ 799,775.26$ 780,885.47$ 562,539.32$ 734,484.70$ 770,505.10$ 1,052,332.25$ 4,588,928.04$ 33,733,344.53$ 50,576,256.43$ Riverdale 112,207.24$ 127,094.12$ 59,357.14$ 36,562.68$ 39,902.52$ 39,718.83$ 38,780.72$ 27,937.10$ 36,476.34$ 38,265.20$ 52,261.44$ 227,897.58$ 1,675,281.82$ 2,511,742.73$ Panorama Park 7,625.73$ 8,637.46$ 4,033.98$ 2,484.84$ 2,711.82$ 2,699.34$ 2,635.58$ 1,898.64$ 2,478.97$ 2,600.55$ 3,551.75$ 15,488.19$ 113,854.10$ 170,700.96$ Fund #Fund Description Incoming Transfer To Notes 001-950-4000 General Fund (property taxes)654,218.78$ 144,000.00$ Property valuation FY25: $90,753,555.00 (with rollback) / 1,000 * $7.20874 001-950-4013 General Fund (insurance)64,056.28$ -$ Insurance (excluding worker compensation) 110 Road Use Tax 48,512.00$ -$ $133 (per capita) (using $128 per IDOM's recommendation) x 379 (census population) 112 Employee Benefit 43,684.55$ -$ FICA, IPERS, worker compensation insurance, and unemployment insurance 121 Local Option Sales Tax 144,000.00$ -$ Estimate per IDOM's recommendation 125 State Street TIF -$ -$ 126 Welch Farms TIF 307,028.00$ -$ From IDOM website (payments to developer from Fund 126 = $95,639.22) 127 Fenno TIF -$ -$ 145 Low-to-Moderate Income Program -$ 115,718.85$ From 126 Welch Farms TIF 150 Fire Awards -$ -$ 200 Debt Service 81,456.00$ -$ Semi-annual sewer loan payments 300 Capital Improvement ($0.675)61,465.89$ -$ 301 Capital Improvement Projects -$ -$ 302 Road Replacement Reserve -$ 30,732.94$ From 300 Capital Improvement 303 Fire Equipment/Replacement Reserve -$ 30,732.94$ From 300 Capital Improvement 305 State Street TIF Capital Projects -$ -$ 306 Welch TIF Capital Projects -$ 95,669.93$ From 126 Welch Farms TIF 307 Fenno TIF Capital Projects -$ -$ 610 Sanitary Sewer 215,000.00$ -$ 611 Sanitary Sewer Capital Projects -$ -$ 1,619,421.50$ TOTAL FY25 Revenue January 2024 Fund #Fund Description FY23 Actual FY24 To Date FY25 Proposed Notes 0.001 General Fund 782,086.21$ 362,987.76$ $ 1,000,000.00 110 Roads, Bridges, Sidewalks 1,620.44$ 39,329.13$ $ 48,512.00 126 Welch Farms TIF 8,858.76$ 30,914.57$ $ 95,639.22 301 Capital Projects 227,723.64$ 437,715.46$ $ 308,857.00 302 Streets Capital Reserve 16,000.00$ 5,342.50$ $ 30,732.94 305 State Street TIF Capital Projects -$ 8.80$ $ - 306 Welch TIF Capital Projects 20,418.29$ 8,394.94$ $ 15,000.00 307 Fenno TIF Capital Projects -$ 1,947.00$ $ - 610 Sanitary Sewer 171,630.37$ 91,301.38$ $ 59,357.14 1,228,337.71$ 977,941.54$ 1,558,098.30$ FY25 $1,619,421.50 revenue - $1,000,000 expenses = $61,323.20 reserve 540,226.08$ FY24 $977,941.54 - $437,715.46 parking lot project 1,080,452.16$ FY24 $540,226.08 x 2 (@ year midpoint) 1,207,546.16$ FY24 $1,080,452.16 + $127,094 sanitary sewer phase III project Excludes fund transfers TOTAL FY25 Expenses January 2024