Budget Work Session - Revenue Assumptions / Fee Schedule

BOARD OF ALDERMAN BUDGET WORK SESSION Monday, February 6, 2023 5:30 p.m. Community Building 601 W Main Street Odessa, MO 64076 Please click the link below to join the webinar: Zoom Meeting Passcode: 178394 In addition, the meeting will be viewable on the City of Odessa, Missouri Government Facebook page @odessamissouri CALL TO ORDER Mayor Stephen Wright PLEDGE OF ALLEGIANCE Mayor Stephen Wright ROLL CALL City Clerk Karen Findora WELCOME TO VISITORS Mayor Stephen Wright FEES Proposed Fee Changes Shawna Davis, Interim City Administrator REVENUE ASSUMPTIONS • General Fund • Water Sales • Sewer Charges • Energy Sales Shawna Davis, Interim City Administrator Next Regular Scheduled Meeting Monday, February 13 2023 at 5:30 p.m. CIP & Transport Monday, February 13, 2023 at 7:00 p.m. Regular Meeting Adjourn to Closed Session Pursuant to RSMO 610.021 (3) Personnel  ELECTED OFFICIALS Mayor Stephen Wright steve.wright@cityofodessamo.com (816) 918-6634 Ward 1 Alderwoman Mickey Starr mickey.starr@cityofodessa.com (816) 260-8448 Ward 1 Alderman Steve Lockhart steve.lockhart@cityofodessamo.com (816) 263-3939 Ward 2 Alderwoman Donna Ehlert donna.ehlert@cityofodessamo.com (816) 263-9559 Ward 2 Alderman Bryan Barner bryan.barner@cityofodessamo.com (816) 985-0361 Ward 3 Alderman Mike Stevens mike.stevens@cityofodessamo.com (816) 674-6222 Ward 3 Alderman Shawn Cramer shawn.cramer@cityofodessamo.com (816) 522-3827 Posted February 3, 2023 City Hall & City Website Emailed to The Odessan Karen Findora, City Clerk PO Box 128 ∙ 125 S Second ∙ Odessa, MO 64076 Email | Phone: (816) 230-5577 | Fax: (816) 633-4985 | www.cityofodessa.com  City of Odessa Proposed Fee Changes & Revenue Assumptions Budget Workshop #1 February 2, 2023 Court Fee Sherrif’s Retirement $3 Sh e r r if’s Re t ir e m e n t Fu n d – Fund Surgcharge De le t e  First Pickup $40 + Boarding Animals Second Pickup $60 + Boarding An im a l- a t - la r g e p ick u p fe e – $ 25.0 0 Third Pickup $100 + Boarding Traffic and Vehicles Permit to operate an $15 all terrain vehicle Pe r m it t o o p e r a t e a n a ll t e r a in ve h icle - d e le t e Utilities Residential – Rent $300 All Ut ilit ie s De p o s it Residential – Own $250 Utility Revenue Assumptions  Proposed 2021-22 2022-23 2023-24 Customer Count 2,175 2,259 2,227 Base Rate $24.695 $25.436 $26.199 Cost per 100 Gallons $0.55 $0.55 $0.55 Revenue $1,299,372 $1,327,464* $1,353,658 *Projected Year-End Water Sales  Proposed 2021-22 2022-23 2023-24 Customer Count 2150 2191 2201 Base Rate $44.49 $44.49 $44.49 Cost Per 100 Gallons $0.65 $0.65 $0.65 Debt Service $1,266,971 $1,061,420 $1,056,075 CIP Costs $45,000 $120,000 $160,000 CIRA (Monthly) $14.13 $9.45 $10.62 Revenue $2,268,675 $2,204,444* $2,187,309 *Projected Year End Wastewater Charges  2021-22 2022-23 Proposed 2023-24 Residential Customer Charge $18.54 $19.10 $19.67 All kWh $0.0965 $.0970 $.0972 Commercial Customer Charge $38.11 $39.25 $40.43 All kWh $0.1250 $0.1263 $0.1274 Industrial Customer Charge $50.47 $51.98 $53.54 All kWh $0.0925 $0.0942 $0.0957 KW Demand $7.12 $7.12 $7.12 Demand Primary Metered Customer Charge $60.77 $62.59 $64.47 General Service All kWh $0.0880 $0.0895 $0.0908 kW Demand $7.12 $7.12 $7.12 Energy Sales  2020-21 2021-22 Proposed 2022-23 Revenue $4,990,050 $5,192,653 * $5,348,433 *Projected Year-End Energy Sales Revenue General Fund Reven u e As s u m p t io n s  Real Estate Tax 1% Increase Over Projected Personal Property Tax 5% Increase Over Projected - 28% increase projected for current year Sales Tax 0% Change – Decrease in current year Motor Fuel Tax 6% over last year actuals Franchise Taxes Remaining flat/ Equal to Current Budget Gas – 20% increase over budget City Sticker Remaining flat/ Equal to Current Budget County Sales Tax 10% Over 22/23 Budget – 35% increase from Budget to Projected Year End County Use Tax 20% Over 22/23 Budget – 40% Increase from Budget to Projected Year End Transient Guest Tax Remaining flat/ Equal to Current Budget Taxes  Merchant Licenses 16% Increase - $3,000 Increase Building Permits 36% Increase - $10,000 Increase Fines and Court Costs Remaining Flat Cigarette Stamps 9% Increase - $2,000 Increase Dog Licenses 3% Increase - $25 Increase ATV/UTV Licenses Remaining Flat Animal Impound Doubled Due to Fee Increase School Resource Officer $110,000 Budgeted Due to New Officer Income and Grant Income Other Revenue Sources