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 wrightg@greenwood.in.gov.

PUBLIC SAFETY

QUALITY OF LIFE

ECONOMIC DEVELOPMENT

INFRASTRUCTUREOPERATIONALEXCELLENCE

PRIDE &PROGRESS