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City Finances Washington State Audit Report The City of North Bonneville maintains a small works roster for bidding many small public works and consulting projects. The Municipal Research and Services Center of Washington (MRSC) manages our small works roster for us. Please use this link to add yourself to our roster. A Message from the Mayor's Desk As Mayor, my first commitment is to improve the financial health of our city. We have made a lot of progress and a lot of sacrifices in my first two years as mayor. On the upside, we have maintained many of our service levels – particularly public safety – and we have started some new projects that will provide long-term benefits. We completed the construction of our new sewer plant, which is designed to meet our community’s needs for the next twenty years or more and we have begun planning for a new water well, with construction planned to begin in 2013. Again, this should serve our community’s needs for growth and safety for the foreseeable future. Unfortunately with sales tax and utility tax revenues down 10%, inflation estimated at 3.8% and medical benefits up 11%, we must find new ways to balance our budget. Having already cut all non-essential contracts and supplies, we are left with making staff cuts and finding new revenue as our remaining options. From a high of 8 people (7.5 FTEs), the 2012 budget brings us down to 5 people (4.75 FTEs) – a loss of over 1/3 of our staff. We have cut our general fund budget by 23% from our 2008 high, going from $644,000 in 2008 to $498,000 for 2012. Accounting for inflation, our 2012 budget is 27% less than our 2008 expenses. Additional cuts in the 2012 budget include:
Additionally, we accepted a State Ecology grant to update our Shoreline Master Program. While this will offset the costs of our planning department and improve our environment in the long run, it is also severely limiting staff time for normal planning operations. Our cash reserves are at critically low levels due to several unanticipated events in 2011, including:
Another setback the city is suffering is the write-down of about $140,000 from our fund balances to match actual cash. This write-down results from accounting errors in 2009 and 2010. Additionally, the state auditor is requiring interfund transfers of about $80,000 out of our General Fund to correct additional errors. As a result of these transactions we had to take loans from the Hotel/Motel Tax, Tourism Reserve, Capital Projects and Water Reserve Funds in order to provide cash to the General, Water and Sewer Funds. Repaying these loans will be burdensome to the city over the next few years. We cannot cut staff and expenses further without either violating legal requirements or reducing basic public safety services, which leaves us in the unfortunate position of raising taxes in order to balance our budget. Regrettably, your council and I have decided that we need to increase property and utility taxes by 1%. In addition to this, our water and sewer rates are set to increase by the amount of inflation – 3.8% in March. On the positive side, we have enjoyed and are anticipating a number of “wins” for the community:
With this budget we have completed a turn-around from gross deficit spending to slowly rebuilding our reserves. We are maintaining minimum service levels and continuing to plan and build for the future. While there is still progress to be made, I believe we have turned the proverbial corner and I am confident of our city’s future. Sincerely,
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