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Section II - FY20 Budget Summary FY2020 BUDGET PROJECTION • BUDGET OVERVIEW • REVENUE • CAPITAL REPORT Town Administration Fiscal Year 2020 General Fund Budget Recommendations December 19, 2018 Select Board Meeting Administration & Select Board Goals and Priorities for FY 2020 •Balanced budget –within projected revenue •Strategic Plan •Staffing Study •Capital and operational investment in infrastructure/facilities •Project management •Housing (community and employee) 212/14/2018 •Strategic Plan -Environmental Leadership -Coastal Resiliency/Hazard Mitigation -Water Quality -Sustainability •Housing •Transportation –Parking Demand Management •Staffing Study –Resources for Legal and other mandates –Addresses Service Demands 312/14/2018 Initiatives/Needs/Goals Addressed with Budget Recommendations •Personnel -Review staffing when key positions become vacant -Combine/consolidate duties where appropriate -Cross-train staff where appropriate -Increase training and educational opportunities so as to reduce reliance on consultants, reduce legal fees and increase professional qualifications and expertise (i.e. technical skills such as project management) •Review and refine internal controls/processes, procedures and policies •Awarded 2 Compact Community Grants –1) ADA Transition Plan –2) Implementation of Human Resources Best Practices •Update of HR Policies and Procedures •Collective Bargaining Best Practices Review •Seek grant for Sustainability Plan 412/14/2018 Efforts to Reduce Expenses and Increase Efficiency, Transparency •Revenue –Total Projected Revenue of $101,476,558 –Net of Property Tax Abatements •Expenses –Total Projected Expenses of 101,474,236 •Projected FY 2020 Unused Levy Capacity $2,322 512/14/2018 FY 2020 General Fund Budget Overview FY 2020 General Fund Budget Summary Comparison 612/14/2018 (1) FY 2020 state aid represents level funding from FY 2019 approved figure. •See Appendix A for detailed breakdown. REVENUES FY2019 FY2020 $ Change % Change Property Tax 79,820,606 85,639,814 5,819,208 7.3% Local Receipts (All other)2,535,680 2,605,300 69,620 2.7% Motor Vehicle Excise 2,450,000 2,690,000 240,000 9.8% Rooms and Meals Tax 3,850,000 4,394,800 544,800 14.2% Licenses and Permits 1,479,100 1,450,000 (29,100) (2.0%) State Aid (1) 3,320,527 3,809,322 488,795 14.7% Free Cash 1,125,900 885,000 (240,900) (21.4%) Other Available Funds - - - na TOTAL REVENUES 94,581,813 101,474,236 6,892,423 7.3% EXPENDITURES Municipal Departments 27,099,244 29,198,463 2,099,219 7.7% School Department 29,269,642 30,636,642 1,367,000 4.7% Non-Departmental 26,125,777 29,602,663 3,476,886 13.3% Special Appropriations 12,087,150 12,036,468 (50,682) (0.4%) TOTAL EXPENDITURES 94,581,813 101,474,236 6,892,423 7.3% THE FY2020 BUDGET 712/14/2018 FY 2020 General Fund Budget Projected Revenue Tax Revenue 85% Local Receipts -All Other 3% Motor Vehicle 3% Rooms and Meals 4%Licenses and Permits 1% State Aid 4% 812/14/2018 FY 2020 General Fund Projected Expenses Municipal Departments 28.9% School Department 30.4% Non-Departmental 29.3% Special Appropriations 11.4% Category FY 2020 Current Projection Notes Town Operational Expenses $8,085,254 Town Operational EIR’s (1)$1,048,026 Included in Town expenses Town Salaries $21,113,209 Contracts in negotiations; c/b allowance Town Personnel EIR’s $673,807 Included in Town salaries School Operational Expenses $5,217,620 School Operational EIR’s $160,000 Included in School expenses School Salaries $24,919,022 Contracts in negotiations; c/b allowance School Personnel EIR’s $540,000 Included in School salaries 912/14/2018 FY 2020 General Fund Budget Expense Categories (1) EIR = Expense Increase Request, excludes AHTF. Category FY 2020 Current Projection % Change over FY 2018 Budget Health Insurance Active $9,958,798 11.0% increase Retiree $3,319,596 11.0% increase General Insurance $1,983,520 10.0% increase Debt Service $9,071,843 per established schedule Retirement $4,796,286 8.5% increase Enterprise Fund Subsidies $8,915,845 8.07% Increase 1012/14/2018 FY 2020 General Fund Budget Fixed Costs •See Appendix A for detailed breakdown. Category FY 2020 Current Projection % Change over FY 2019 Budget Health & Human Services $450,000 No Change County Assessment $170,201 No change Reserve Fund $500,000 No change Unpaid Bills $20,000 No change Other Post Employment Benefits (OPEB) $500,000 No change Overlay & Other Deficits $0 $0 Cherry Sheet Charges $506,166 2.5% increase Community School $500,000 11.0% Increase Min Cap Funding Req.$974,276 n/a -1% of prior year revenue TOTAL EXPENSES $101,434,236 1112/14/2018 FY 2020 General Fund –Special Appropriations •$ 6,209,782 Submitted Requests •$ 5,142,533 Recommended –One-time $ 1,003,000 •Affordable Housing Trust Fund $ 3,000,000 –On-going $ 1,139,533 •To be funded through available tax levy, budget adjustments, alternate funding sources, free cash, potential revenue increases 1212/14/2018 FY 2020 Town Expense Increase Requests (included in recommended budget, excluding school) 13 FY 2020 Recommended Town Expense Increase Requests (1) Department Description of Expense Request One-Time or Ongoing Approved EIRs Personnel Expense Increase Requests (EIRs) Fire Addition of one Clerical Postion Ongoing 35,000 Fire Addtition of 2 FF/Paramedics Ongoing 183,496 Health Create one additional full-time Health Inspector Ongoing 107,000 HR HR Generalist Ongoing 95,000 NRD Addntl Seasonal Position One-Time 15,000 Finance Capital Asset Manager Ongoing 115,000 IT Add a MUNIS Application Support Specialist Ongoing 112,000 Police Create an Addtnl Police Officer Position in the Ops Division Ongoing 93,000 Harbormaster Create one additional Lifeguard Supervisor position Ongoing 23,500 NRD Coordinator Position / Resiliency Coordinator Ongoing 114,000 Various Overtime and Reclassifications Ongoing 73,511 Total Personnel Expense Increase Requests 966,507$ Operating Expense Increase Requests (EIRs) C&T Installation of 2 outdoor water stations One-Time 13,000 C&T Electric Vehicle One-Time 40,000 C&T Purchase of 10 Bike racks One-Time 10,000 Fire Replacement of Fire Prevention Officer Vehicle One-Time 45,000 Fire Additional Department Vehicle for command staff One-Time 49,000 Fire Purchase Mechanical CPR devices One-Time 18,000 Health Replace one of two inspection vehicles One-Time 35,000 HR MEPA Audit One-Time 30,000 HR OSHA Compliance Plan One-Time 50,000 IT Department Vehicle One-Time 20,000 IT Phase II of EnerGov project for permitting/liscensing interface One-Time 82,000 IT Security Assessment (should be performed every 3-5yrs)One-Time 50,000 IT Virtualization maintenance and support One-Time 16,000 IT Team Dynamix Project Portfolio Managetment Software One-Time 15,000 NRD Harbor Plan Update One-Time 100,000 Police/Harbormaster Shark Warning Signs with Theft Proof Mounts for Beaches One-Time 10,000 Town Admin Strategic Plan Initiatives One-Time 100,000 Town Admin Strategic Plan Facilitation One-Time 100,000 Town Admin Legal Budget Increase One-Time 100,000 Town Admin Affordable Housing Trust One-Time 3,000,000 Town Admin Sustainability Plan One-Time 50,000 Town Admin Staffing Study Implementation One-Time 80,000 DPW Mosquito Control contractual increase Ongoing 4,010 DPW Increase safety uniforms budget Ongoing 4,000 DPW Vehicle maintenance budget increase Ongoing 10,000 DPW Equipment maintenance budget increase Ongoing 30,000 DPW Design/construction support srvcs to implement various DPW projects Ongoing 30,000 DPW Increase protective clothing budget Ongoing 5,000 Fire Increase funding for training Ongoing 63,000 IT Upgrade current comcast modem service to Ethernet Dedicated Internet Ongoing 17,016 Total Operating Expense Increase Requests 4,176,026$ Total Town Personnel & Operational Expense Increase Requests 5,142,533$ (1) (1) Includes Health Insurance Benefits Italics represents overlap between Staffing Study Recommendation and Departmental Request * PLUS Overtime; DPW Overtime; Asst. Harbormaster; HR Reclassification; IT Increase * Funding Source Amount Tax Levy & Other General Revenues $1,076,833 Free Cash $885,000 Other Funds $3,130,700 ▪Ambulance Reserve $18,000 ▪Beach Improvement Revolver $112,700 ▪Cape & Islands License Plate Fund (Up to) $50,000 ▪CPC Borrowing $3,000,000 Total -All Funding Sources $5,142,533 1412/14/2018 FY 2020 Town Expense Increase Requests Funding Source Detail 12/14/2018 15 General Fund Certified Free Cash $9,593,671 Fund Town Expense Increase Requests (one-time)$885,000 Fund Town & School Capital Projects $5,000,000 Fund Debt Service $300,000 Unallocated Free Cash*$3,408,671 Preliminary Free Cash Recommendation (Subject to Change) *Held until ATM 1612/14/2018 Outstanding Items and Current Unknowns •Strategic Plan •Staffing Study •Update of 5 Year Forecast •Potential Future Tax Overrides to Fund: o Our Island Home o Solid Waste o NRTA •State Aid impact •Harbor Place Project •Citizen Warrant Articles Potential Cost Impact •Open Space and Recreation Plan •New Revenue Options •December 19: Town Administration FY 2020 Budget presentation to Select Board & County •January 8: Review of Recommended Budget with School Committee •January 9: Select Board public hearing; endorsement of recommended FY 2020 General Fund Budget •Mid-January –mid-March: Finance Committee review of General Fund & Enterprise Fund budgets; other financial appropriations •Monday, April 1: Annual Town Meeting (2019) 1712/14/2018 Next Steps 1812/14/2018 General Fund Revenue Breakdown FY 2015-FY 2020 $66.8m $69.3m $74.1m $78.2m $80.3m $85.6m $11.4m $13.7m $12.9m $12.9m $10.6m $11.1m $2.3m $3.2m $3.3m $3.4m $3.4m $3.8m$5.4m $6.6m $6.2m $0.0m $0.0m FY2015 FY2016 FY2017 FY2018 FY2019 (Budget)FY2020 (Budget) Real Estate & Personal Property Tax Local Receipts State Aid Free Cash 12/14/2018 19 Town Expense Breakdown FY 2016-FY 2020 $15.9m $16.5m $15.7m $19.5m $21.1m $11.5m $12.0m $10.9m $14.0m $15.3m$3.6m $3.9m $4.1m $4.4m $4.8m $5.5m $5.9m $5.8m $7.3m $8.1m $6.7m $6.7m $8.5m $7.1m $9.1m FY2016 (Actual)FY2017 (Actual)FY2018 (Actual)FY2019 (Budget)FY2020 (Budget) Debt Service Operations Retirement Medical &General Insurance Salaries * Full Time Equivalent Calculation = 33-40 Hrs 1.0; 20-32 Hrs 0.50; Seasonal = 0.25 **For comparative purposes, Town Personnel History does not include Our Island Home *** Education Personnel History includes Community School Employees 2012/14/2018 General Fund Personnel History FY 2015-FY 2020 ***** 0 50 100 150 200 250 300 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Town School 12/14/2018 21 Appendix 12/14/2018 22 FY 2020 Status of Capital Projects Requests General Fund Department Projects Submitted Amount DPW - Facilities FAC-19-005 Annual Facility Roof Repairs 515,000 FAC-19-006 Annual Facility ADA Accessibility Upgrades 154,500 FAC-19-007 Annual Facility Utility Updates 515,000 FAC-19-008 Annual Facility Site Paving Updates 515,000 FAC-19-004 Public Bathrooms Upgrades 257,500 FAC-19-009 Annual Facility Equipment Replacements 257,500 FAC-19-010 Annual Facility Lighting Updates 103,000 FAC-18-005 Jetties Beach Facility Upgrades 1,000,000 Total DPW Facilities 3,317,500 Fleet Management DPW-18-01 Loader 250,000 DPW-19-01 Trash Compactor Truck 140,000 DPW-19-02 Service Response Truck 150,000 DPW-19-03 Excavator 240,000 DPW-19-04 Passenger Vehicle 50,000 DPW-19-05 Vehicle Lifts 50,000 DPW-18-04 DPW Directors Vehicles 100,000 DPW-18-09 Sweeper 250,000 Total Fleet Management 1,230,000 12/14/2018 23 FY 2020 Status of Capital Projects Requests General Fund cont’d Department Projects Submitted Amount DPW- Admin DPW-18-12 GIS Data Integration 154,500 DPW - Admin 154,500 DPW - Transportation TRAN-19-2 Parking Improvements - 2FG & Town Pier 1,000,000 TRAN-19-3 Orange St. Bike Path 2,508,000 TRAN-20-15 Newtown Road Improvements 1,109,716 TRAN-17-001 Sidewalk Improvement Program 1,000,000 TRAN-17-005 Surfside Area Roads Reconstruction (Lovers Lane, Monohanssett and Okorowaw)6,294,022 TRAN-17-006 Road Improvements/Maintenance 3,574,643 TRAN-19-002 Multi-Use Path Maintenance 500,000 TRAN-19-010 Cobblestone Improvements/Maintenance 500,000 TRAN-19-4 Fairgrounds Area Roadways (Waitt Drive)1,500,000 TRAN-20-010 Wauwinet Road Shared Use Path 354,000 TRAN-21-002 Tom Nevers Bike Path 331,487 TRAN-20-016 Decomissioning Fire Cisterns 100,000 Total DPW - Transportation 18,771,868 IS/GIS ADMIN-17-001 Network Infrastructure 250,000 ADMIN-18-001 Replace Town Computers & Printers 50,000 ADMIN-17-003 Epermitting 200,000 Total - IS/GIS 500,000 12/14/2018 24 FY 2020 Status of Capital Projects Requests General Fund cont’d Department Projects Submitted Amount Police & Marine PUBL-19-001 Harbormaster Industry Road Layup Yard and Workshop 495,000 PUBL-19-002 Town Pier Construction 1,000,000 PUBL-20-010 Public Safety Auxiliary Building 3,000,000 PUBL-20-011 Maintenance Seasonal Housing Building 950,000 Total Police & Marine 5,445,000 School NPS-20-003 Athletic Complex Master Plan 250,000 NPS-18-006 Backus Lane Playing Fields Phase III 500,000 NPS-17-005 NPS Building Improvements 300,000 NPS-20-002 Handheld Radio Replacement 200,000 NPS-24-001 NPS Land Acquisition 500,000 NPS-19-010 NPS Central Office Addition 650,000 Total - School 2,400,000 Fire FIRE-19-4 SCBAs Replacement 92,534 FIRE-20-010 ALS Equipment 50,000 FIRE-17-002 Replace Ambulance #1 325,000 FIRE-17-001 Replace Engine 7 450,000 Total Fire 917,534 12/14/2018 25 FY 2020 Status of Capital Projects Requests General Fund cont’d Department Projects Submitted Amount Town Administration ADMIN-20-001 Seasonal Employee Housing Feasibility Study 300,000 ADMIN-20-002 Town Pier Supplemental Funding 5,000,000 ADMIN-20-003 Traffic Modeling 150,000 ADMIN-20-004 Town Wide Document Management Solution 100,000 ADMIN-20-005 Coastal Resiliency Plan 550,000 ADMIN-20-006 Baxter Road Relocation 500,000 ADMIN-20-007 Meeting Room Trailer 450,000 ADMIN-20-008 Central Fire Station Reuse 250,000 ADMIN-20-009 Strategic Planning 150,000 Senior Center Relocation 150,000 Total Town Administration 7,600,000 TOTAL GF ITEMS $40,336,402 Proceeds from Real Estate Sales $0 Prior Year Capital Article Reappropriations $0 Free Cash*$0 CPC Funds $0 Capital from Operating Budget $0 Tax Levy $0 Ambulance Reserve $0 Total other funding sources $0 Items left to fund $40,336,402 *Total Free Cash certified = $9,593,671 12/14/2018 26 FY 2020 Status of Capital Projects Requests Enterprise Funds Enterprise Fund Projects Submitted Amount Airport Remove Pipeline Piles at GHYC 116,000 Sanitary Sewer Upgrade 102,420 Maintenance Vehicle Replacement 63,100 Paint and Beads & Rubber & Markings Removal 321,000 Ecological Restoration Equipment 119,200 Taxiway Echo 19,100,000 Security Project 2,093,000 Total - Airport 21,914,720 Sewer SEWER-18-003 Current Force Main Assessment and Inspections 2,000,000 SEWER-18-004 CMOM (Capacity/Maintenance/Ops/Management) 2,000,000 SEWER-19-002 Perimeter Fencing 1,000,000 SEWER-19-008 Surfside WWTF Phase 2 Upgrades 6,500,000 SEWER-19-020 National Grid L8 Feeder Project Area Sewer Replacement (TBD)6,500,000 SEWER-19-021 Jetties Beach - Bathing Beach Road Sewers (TBD)285,000 SEWER-20-003 Replace Loader 150,000 SEWER-20-004 Replace One Ton Truck 106,000 SEWER-20-005 Replace Sewer Rodding Truck 206,000 SEWER-20-006 Sconset Design and Construction New Collections 350,000 SEWER-20-022 New Sewer Force Main Design & Planning 2,500,000 SEWER-21-003 Pump Station Upgrades - Aurora Way 295,000 SEWER-20-023 New Excavation Equipment 165,000 Total Sewer 22,057,000 12/14/2018 27 FY 2020 Status of Capital Projects Requests Enterprise Funds cont’d Enterprise Fund Projects Submitted Amount Solid Waste SWEF-20-001 Capping Cells 1 A, B, C 14,000,000 SWEF-19-002 Facility Access Road & Parking Lot Maintenance 500,000 SWEF-19-003 Repair Electrical Systems MRF 50,000 SWEF-19-004 Floor Drain & Collection Tank MRF 100,000 SWEF-19-005 Overhead Doors MRF 50,000 SWEF-19-006 Fire Alarm System MRF 60,000 SWEF-17-003 Unlined Landfill Mining 800,000 Total Solid Waste 15,560,000 Wannacomet Water Company WWCO-20-001 New Source Investigation 1,500,000 Total Wannacomet Water Company 1,500,000 Sconset Water Company SIAS-20-001 Water Main Replacment 1,943,355 Sconset Water Company 1,943,355 12/14/2018 28 FY 2020 Status of Capital Projects Requests Enterprise Funds cont’d Enterprise Fund Projects Submitted Amount Our Island Home OIH-20-001 Replace Flooring 250,000 Total - Our Island Home 250,000 SUBTOTALL ALL EF $63,225,075 Less other funding sources* TOTAL EF $63,225,075 *AP Grants = $XXXX; SWEF = $700,000 from GF 12/14/2018 29 FY 2020 General Fund Budget Breakdown –Revenues Budget Budget FY2019 FY2020 $ Change % Change Tax Revenue Limitations Levy Limit from Prior Year 71,686,428$ 74,761,587$ 3,075,159$ 4.3% Add: 2 1/2 % increase 1,792,161 1,869,040 76,879 4.3% Add: Prop 2.5% operating override - - - na Add: new growth estimate 800,000 800,000 - - Add: operating override - - - na Levy Limit for Current Year 74,278,589 77,430,627 3,152,038$ 4.2% Add: Debt Exclusion 6,691,602 8,661,509 1,969,907 Maximum Allowable Levy for Current Year 80,970,191$ 86,092,136$ 5,121,945$ 6.3% OVERLAY (900,000)(450,000)450,000 (50.0%) Net available:80,070,191$ 85,642,136$ 5,571,945$ 7.0% State Aid 3,320,527$ 3,809,322$ 488,795$ 14.7% Local Receipts: Motor Vehicle Excise 2,450,000 2,690,000 240,000 9.8% Rooms and Meals Tax 3,850,000 4,394,800 544,800 14.2% Licenses and Permits 1,479,100 1,450,000 (29,100) (2.0%) Local Receipts - All Other 2,534,680 2,605,300 70,620 2.8% Total Local Receipts 10,313,780 11,140,100 826,320 8.0% Total Revenue 93,704,498$ 100,591,558$ 6,887,060$ 7.3% Other Sources Other Sources - - - na Free Cash Used 1,125,900 885,000 (240,900) (21.4%) Excess Overlay - Total Revenue and Other Sources 94,830,398$ 101,476,558$ 6,646,160$ 7.0% Total Expenses and Other Uses 94,581,813$ 101,474,236$ 6,892,423$ 7.3% 2,322 2,322 12/14/2018 30 FY 2020 General Fund Budget Breakdown –Expenses Budget BudgetFY2019FY2020 $ Change % Change General Fund Operating Budget Items: Salaries - Town (includes allowance for collective bargaining)18,905,100$ 20,439,402$ 1,534,302$ 8.1% Town Expense increase Requests- Salaries 541,000 673,807 132,807 24.5% Salaries - School (includes allowance for collective bargaining)22,957,555 24,379,022 1,421,467 6.2% School Expense increase Requests- Salaries 455,000 540,000 85,000 18.7% Transfers to community school 450,000 500,000 Subtotal Salaries 43,308,655$ 46,532,231$ 3,223,576$ 7.4% Operating Expenses, Town:6,970,863 6,772,836 (198,027) (2.8%) +Town Expense Increase Requests-Operating 571,900 1,148,026 576,126 100.7% Operating Override - 2011 Mosquito Control 110,381 164,391 54,010 48.9% Operating Expenses, School 5,179,087 5,057,620 (121,467) (2.3%) +School Expense Increase Requests-Operating 228,000 160,000 (68,000) (29.8%) Transfers to community school - - - na Subtotal Expense 13,060,231$ 13,302,873$ 242,642$ 1.9% Group Medical Insurance- Active Employees 9,162,145 9,958,788 796,643 8.7% Group Medical Insurance- Retired Employees 3,054,048 3,319,596 265,548 8.7% General Insurance (all other insurance)2,275,830 2,456,150 180,320 7.9% Subtotal Insurance 14,492,023$ 15,734,534$ 1,242,511$ 8.6% Debt Service 7,016,501$ 9,071,843$ 2,055,342$ 29.3% Retirement 4,617,253$ 4,796,286$ 179,033$ 3.9% Total General Fund Operating Budget Items 82,494,663$ 89,437,768$ 6,943,105$ 8.4% Other Articles Unpaid Bills 20,000 20,000 - - Reserve Fund 500,000 500,000 - - Health and Human Services 450,000 450,000 - - County Assessment 170,201 170,201 - - Other Post Employment Benefits (OPEB / GASB45) 500,000 500,000 - - Affordable Housing Trust Fund 800,000 - (800,000) (100.0%) Capital - naGeneral Fund budgeted from revenue (Town Bylaw 11-12.1)- na Town Capital (Non-Recurring)449,000 487,128 38,128 8.5% School Capital (Non-Recurring)449,000 487,128 38,128 8.5% Enterprise Fund Transfers - na Transfer to Enterprise Fund (Our Island Home - Beginning FY2011)1,511,446 2,026,181 514,735 34.1% Add: Additional Subsidy from Free Cash (Our Island Home)- - - na Transfer to Enterprise Fund (SWEF Operating Overrides 1999/2006)3,478,863 3,565,008 86,145 2.5% Add: Additional General Fund Subsidy to SWEF 2012-Forward 2,560,640 2,624,656 64,016 2.5% Add: Additional General Fund Subsidy to SWEF-Landfill Mining 700,000 700,000 - - Total Other Article Appropriations 11,589,150$ 11,530,302$ (58,848)$ (0.5%) Other Statutory Expenditures Overlay and other deficits - - - na Cherry Sheet Offsets and Charges 498,000 506,166 8,166 1.6% Total Appropriations and Other Statutory Expenditures 94,581,813$ 101,474,236$ 6,892,423$ 7.3% 12/14/2018 31 Historical Information Our Island Home Stabilization and Trust Funds Certified Free Cash (1) (1) CPE payment received in FY2016 represented two years of payments. FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 General Fund Subsidy 2,295,000$ 2,267,598$ 2,295,000$ 2,762,535$ 1,511,446$ 1,511,446$ Certified Retained Earnings 1,747,556$ 1,649,432$ 5,962,402$ 5,321,795$ 2,687,275$ -$ CPE Payment 1,017,038$ 1,690,143$ 5,204,549$ 1,324,207$ 1,515,353$ -$ `2014 2015 2016 2017 2018 General Stabilization $4,776,308 $4,834,733 $5,044,535 $5,053,411 5,059,485.00$ Capital Stabilization $0 $1,000,000 $1,250,000 $1,250,000 1,250,000.00$ OPEB Trust Fund $248,522 $765,994 $1,341,213 $1,903,825 2,390,558.00$ 2014 2015 2016 2017 2018 Certified Free Cash $5,201,357 $5,405,506 $6,642,219 $6,215,883 $9,593,671 FY2020 General Fund Revenue Breakdown Budget Budget FY2019 FY2020 $ Change % Change Tax Revenue Limitations Levy Limit from Prior Year 71,686,428$ 74,761,587$ 3,075,159$ 4.3% Add: 2 1/2 % increase 1,792,161 1,869,040 76,879 4.3% Add: Prop 2.5% operating override - - - na Add: new growth estimate 800,000 800,000 - - Add: operating override - - - na Levy Limit for Current Year 74,278,589 77,430,627 3,152,038$ 4.2% Add: Debt Exclusion 6,691,602 8,661,509 1,969,907 Maximum Allowable Levy for Current Year 80,970,191$ 86,092,136$ 5,121,945$ 6.3% OVERLAY (900,000)(450,000)450,000 (50.0%) Net available:80,070,191$ 85,642,136$ 5,571,945$ 7.0% State Aid 3,320,527$ 3,809,322$ 488,795$ 14.7% Local Receipts: Motor Vehicle Excise 2,450,000 2,690,000 240,000 9.8% Rooms and Meals Tax 3,850,000 4,394,800 544,800 14.2% Licenses and Permits 1,479,100 1,450,000 (29,100) (2.0%) Local Receipts - All Other 2,534,680 2,605,300 70,620 2.8% Total Local Receipts 10,313,780 11,140,100 826,320 8.0% Total Revenue 93,704,498$ 100,591,558$ 6,887,060$ 7.3% Other Sources Other Sources - - - na Free Cash Used 1,125,900 885,000 (240,900) (21.4%) Excess Overlay - Total Revenue and Other Sources 94,830,398$ 101,476,558$ 6,646,160$ 7.0% Total Expenses and Other Uses 94,581,813$ 101,474,236$ 6,892,423$ 7.3% TOWN OF NANTUCKET GENERAL FUND HISTORICAL BUDGET COMPARISON FY2020 Budget 3-YEAR ACTUAL COMPOUND Budget Budget FY2016 FY2017 FY2018 FY2019 SIMPLE ANNUAL FY2019 FY2020 $ Inc/(Decr)% Inc/(Decr) ACTUALS ACTUALS ACTUALS ACTUALS AVERAGE GROWTH RATE BUDGET BUDGET FY20/FY19 FY20/FY19 YTD ORG OBJECT DESCRIPTION 41 TAXES & EXCISES 1133 41001 2001 PERSONAL PROPERTY (15) (24) 1,381 - 447 na - - na 1133 41002 2002 PERSONAL PROPERTY (44) (73) 195 - 26 na - - na 1133 41003 2003 PERSONAL PROPERTY - (46) (29) - (25) na - - na 1133 41004 2004 PERSONAL PROPERTY - (36) 82 - 15 na - - na 1133 41005 2005 PERSONAL PROPERTY (13) (72) (118) - (67) 206.4%- - na 1133 41006 2006 PERSONAL PROPERTY (174) (69) 738 - 165 na - - na 1133 41007 2007 PERSONAL PROPERTY (278) (263) (153) - (231) (25.7%)- - na 1133 41008 2008 PERSONAL PROPERTY (448) (325) (114) - (296) (49.6%)- - na 1133 41009 2009 PERSONAL PROPERTY (1,050) (1,435) (1,630) - (1,372) 24.6%- - na 1133 41010 2010 PERSONAL PROPERTY (1,814) (881) (1,792) (18) (1,495) (0.6%)- - na 1133 41011 2011 PERSONAL PROPERTY (2,786) 21,144 (2,090) (21) 5,423 (13.4%)- - na 1133 41012 2012 PERSONAL PROPERTY (3,485) (3,049) (2,790) (22) (3,108) (10.5%)- - na 1133 41013 2013 PERSONAL PROPERTY (4,931) (3,862) (3,044) (91) (3,946) (21.4%)- - na 1133 41014 2014 PERSONAL PROPERTY (8,582) (5,726) (4,520) (142) (6,276) (27.4%)- - na 1133 41015 2015 PERSONAL PROPERTY (38,952) (6,691) (6,169) (187) (17,271) (60.2%)- - na1133410162016 PERSONAL PROPERTY (1,311,755) (20,678) (8,159) (391) (446,864) (92.1%)- - na 1133 41017 2017 PERSONAL PROPERTY (558) (1,378,401) (25,701) (588) (468,220) 579.0%- - na 1133 41018 2018 PERSONAL PROPERTY - - (1,518,677) (12,575) (506,226) na - - na 1133 41019 2019 PERSONAL PROPERTY (1,073) (361,807) (2,027,303) (1,722,373) (304,930) (15%) 1133 41089 1989 PERSONAL PROPERTY (65) - - - (22) (100.0%)- - na 1133 41090 1990 PERSONAL PROPERTY - - - - - na - - na 1133 41091 1991 PERSONAL PROPERTY - (94) - - (31) na - - na 1133 41092 1992 PERSONAL PROPERTY - - - - - na - - na 1133 41097 1997 PERSONAL PROPERTY - - - - - na - - na 1133 41099 1999 PERSONAL PROPERTY - (54) 230 - 59 na - - na 1133 41100 2000 PERSONAL PROPERTY - (70) (114) - (61) na - - na 1133 41101 2001 REAL ESTATE TAX - - - - - na - - na 1133 41102 2002 REAL ESTATE TAX (113) - 106 - (2) na - - na 1133 41103 2003 REAL ESTATE TAX - (9) - - (3) na - - na 1133 41104 2004 REAL ESTATE TAX - - 644 - 215 na - - na 1133 41105 2005 REAL ESTATE TAX - - - - - na - - na 1133 41106 2006 REAL ESTATE TAX - - 694 - 231 na - - na 1133 41107 2007 REAL ESTATE TAX - - 12 - 4 na - - na 1133 41108 2008 REAL ESTATE TAX - - - - - na - - na 1133 41109 2009 REAL ESTATE TAX - - - - - na - - na 1133 41110 2010 REAL ESTATE TAX - - - - - na - - na 1133 41111 2011 REAL ESTATE TAX (5,735) - - - (1,912) (100.0%)- - na 1133 41112 2012 REAL ESTATE TAX (20,397) (5,423) (77) - (8,633) (93.8%)- - na 1133 41113 2013 REAL ESTATE TAX (14,709) (7,268) (7,613) - (9,864) (28.1%)- - na1133411142014 REAL ESTATE TAX (37,740) (14,765) (7,424) - (19,976) (55.6%)- - na 1133 41115 2015 REAL ESTATE TAX (1,492,310) (107,800) (12,197) - (537,436) (91.0%)- - na 1133 41116 2016 REAL ESTATE TAX (65,916,305) (1,196,054) (7,986) - (22,373,448) (98.9%)- - na 1133 41117 2017 REAL ESTATE TAX (42,080) (70,910,685) (1,350,622) (4,780) (24,101,129) 466.5%- - na 1133 41118 2018 REAL ESTATE TAX - - (74,914,542) (415,200) (24,971,514) na - - na 1133 41119 2019 REAL ESTATE TAX (86,111) (17,366,420) (79,064,804) (83,919,763) 4,854,959 6% 1133 41192 1992 REAL ESTATE TAX - (69) - - (23) na - - na 1133 41193 1993 REAL ESTATE TAX - (79) (147) - (76) na - - na 1133 41194 1994 REAL ESTATE TAX - (80) (269) - (116) na - - na TOWN OF NANTUCKET GENERAL FUND HISTORICAL BUDGET COMPARISON FY2020 Budget 3-YEAR ACTUAL COMPOUND Budget Budget FY2016 FY2017 FY2018 FY2019 SIMPLE ANNUAL FY2019 FY2020 $ Inc/(Decr)% Inc/(Decr) ACTUALS ACTUALS ACTUALS ACTUALS AVERAGE GROWTH RATE BUDGET BUDGET FY20/FY19 FY20/FY19 YTD 1133 41195 1995 REAL ESTATE TAX - (83) (277) - (120) na - - na 1133 41196 1996 REAL ESTATE TAX - (83) (412) - (165) na - - na 1133 41197 1997 REAL ESTATE TAX (263) (84) (48) - (132) (57.1%)- - na 1133 41198 1998 REAL ESTATE TAX - (49) 2,957 - 969 na - - na 1133 41199 1999 REAL ESTATE TAX - - 49 - 16 na - - na 1133 41200 2000 REAL ESTATE TAX - - - - - na - - na 1133 41203 GOLF VIEW DRIVE BETTERMENT (11,939) (13,087) (20,222) (192) (15,083) 30.1%- - na 1133 41204 GOLF VIEW DRIVE INTEREST (2,081) (223) (35) (9) (780) (87.0%)- - na 1133 41207 APPLETON RD BETTERMENT - - - - - na - - na 1133 41210 SHEEP POND RD BETTERMENT (1,274) (1,128) (1,215) (186) (1,206) (2.4%)- - na 1133 41301 LANDFILL 1997 (75,201) (31,499) (57,177) (2,540) (54,626) (12.8%)- - na 1133 41420 TAX LIENS REDEEMED (293,016) (407,949) (206,606) (10,065) (302,524) (16.0%)- - na (69,288,111) (74,097,123) (78,242,068) (18,175,233) (70,049,408) 3.5% (81,092,107) (85,642,136) 4,550,029 6% ---------------------------------------- 41 MOTOR VEHICLE EXCISE TAX ---------------------------------------- 1133 41485 1985 MOTOR VEHICLE EXC - - - - - na - - na1133414861986 MOTOR VEHICLE EXC - - - - - na - - na 1133 41487 1987 MOTOR VEHICLE EXC - (315) (47) - (121) na - - na 1133 41488 1988 MOTOR VEHICLE EXC (432) (222) (87) - (247) (55.0%)- - na 1133 41489 1989 MOTOR VEHICLE EXC - - - - - na - - na 1133 41500 1990 MOTOR VEHICLE EXC - - (84) - (28) na - - na 1133 41501 1991 MOTOR VEHICLE EXC - - (349) - (116) na - - na 1133 41502 1992 MOTOR VEHICLE EXC (16) - (43) - (20) 61.9%- - na 1133 41503 1993 MOTOR VEHICLE EXC - - (32) - (11) na - - na 1133 41550 2000 MOTOR VEHICLE EXC (122) (138) - - (87) (100.0%)- - na 1133 41551 2001 MOTOR VEHICLE EXC (144) (93) - - (79) (100.0%)- - na 1133 41552 2002 MOTOR VEHICLE EXC (235) (96) - - (110) (100.0%)- - na 1133 41553 2003 MOTOR VEHICLE EXC (605) - - - (202) (100.0%)- - na 1133 41554 2004 MOTOR VEHICLE EXC (493) (42) (36) - (191) (72.9%)- - na 1133 41555 2005 MOTOR VEHICLE EXC (285) - (5) - (97) (86.8%)- - na 1133 41556 2006 MOTOR VEHICLE EXC (373) (304) (15) - (231) (80.0%)- - na 1133 41557 2007 MOTOR VEHICLE EXC (249) (865) - - (371) (100.0%)- - na 1133 41558 2008 MOTOR VEHICLE EXC (668) (503) (36) - (402) (76.7%)- - na 1133 41559 2009 MOTOR VEHICLE EXC (635) (536) (95) - (422) (61.3%)- - na 1133 41560 2010 MOTOR VEHICLE EXC (652) (203) (454) - (436) (16.6%)- - na 1133 41561 2011 MOTOR VEHICLE EXC (1,261) (773) (1,100) (48) (1,045) (6.6%)- - na 1133 41562 2012 MOTOR VEHICLE EXC (3,505) (292) (1,306) (54) (1,701) (39.0%)- - na 1133 41563 2013 MOTOR VEHICLE EXC 8,045 (1,599) (801) (121) 1,882 na - - na 1133 41564 2014 MOTOR VEHICLE EXC (25,637) 7,615 2,423 (121) (5,200) na - - na 1133 41565 2015 MOTOR VEHICLE EXC (483,490) (28,449) 8,168 (234) (167,923) na - - na1133415662016 MOTOR VEHICLE EXC (2,164,133) (569,378) (21,747) (2,819) (918,419) (90.0%)- - na 1133 41567 2017 MOTOR VEHICLE EXC - (2,157,499) (702,645) (7,563) (953,381) na - - na 1133 41568 2018 MOTOR VEHICLE EXC - - (2,234,559) (311,776) (744,853) na - - na 1133 41569 2019 MOTOR VEHICLE EXC - - (2,500,000) (2,690,000) 190,000 8% 1133 41594 1994 MOTOR VEHICLE EXC - - (40) - (13) na - - na 1133 41595 1995 MOTOR VEHICLE EXC - - (40) - (13) na - - na 1133 41596 1996 MOTOR VEHICLE EXC - - (193) - (64) na - - na 1133 41597 1997 MOTOR VEHICLE EXC - - (120) - (40) na - - na 1133 41598 1998 MOTOR VEHICLE EXC - - - - - na - - na 1133 41599 1999 MOTOR VEHICLE EXC (17) - - - (6) (100.0%)- - na (2,674,907) (2,753,692) (2,953,243) (322,735) (2,646,901) 3.1% (2,500,000) (2,690,000) 190,000 8% REAL ESTATE & PERSONAL PROPERTY TAXES TOTAL MOTOR VEHICLE EXCISE TAX TOWN OF NANTUCKET GENERAL FUND HISTORICAL BUDGET COMPARISON FY2020 Budget 3-YEAR ACTUAL COMPOUND Budget Budget FY2016 FY2017 FY2018 FY2019 SIMPLE ANNUAL FY2019 FY2020 $ Inc/(Decr)% Inc/(Decr) ACTUALS ACTUALS ACTUALS ACTUALS AVERAGE GROWTH RATE BUDGET BUDGET FY20/FY19 FY20/FY19 YTD 41 OTHER EXCISE ---------------------------------------- 1133 41600 2000 BOAT EXCISE TAX (45) (120) - - (55) (100.0%)- - na 1133 41601 2001 BOAT EXCISE TAX - - - - - na - - na 1133 41602 2002 BOAT EXCISE TAX (50) (4) - - (18) (100.0%)- - na1133416032003 BOAT EXCISE TAX - - - - - na - - na 1133 41604 2004 BOAT EXCISE TAX (12) - - - (4) (100.0%)- - na 1133 41605 2005 BOAT EXCISE TAX (27) - - - (9) (100.0%)- - na 1133 41606 2006 BOAT EXCISE TAX (27) (8) - - (11) (100.0%)- - na 1133 41607 2007 BOAT EXCISE TAX (93) (46) - - (46) (100.0%)- - na 1133 41608 2008 BOAT EXCISE TAX (58) (47) - - (35) (100.0%)- - na 1133 41609 2009 BOAT EXCISE TAX (60) (19) - - (26) (100.0%)- - na 1133 41610 2010 BOAT EXCISE TAX (61) (19) - - (27) (100.0%)- - na 1133 41611 2011 BOAT EXCISE TAX (128) (19) - - (49) (100.0%)- - na 1133 41612 2012 BOAT EXCISE TAX (60) (20) (45) (8) (42) (13.5%)- - na 1133 41613 2013 BOAT EXCISE TAX (262) (32) (53) (8) (116) (55.1%)- - na 1133 41614 2014 BOAT EXCISE TAX (920) (117) (208) (8) (415) (52.5%)- - na 1133 41615 2015 BOAT EXCISE TAX (34,290) (299) (431) (48) (11,673) (88.8%)- - na 1133 41616 2016 BOAT EXCISE TAX - (34,021) (1,087) (48) (11,703) na - - na 1133 41617 2017 BOAT EXCISE TAX - - (35,311) (258) (11,770) na - - na 1133 41618 2018 BOAT EXCISE TAX - - - - - na - - na 1133 41619 2019 BOAT EXCISE TAX - - (34,000) (34,000) - 0% 1133 41620 FARM EXCISE TAXES - - - - - na - - na 1133 41695 1995 BOAT EXCISE TAX (38) - - - (13) (100.0%)- - na 1133 41696 1996 BOAT EXCISE TAX - (38) - - (13) na - - na 1133 41697 1997 BOAT EXCISE TAX - - - - - na - - na 1133 41698 1998 BOAT EXCISE TAX - - - - - na - - na 1133 41699 1999 BOAT EXCISE TAX - (70) - - (23) na - - na 1133 41910 ROOMS TAX (3,428,604) (3,498,400) (3,622,242) - (3,516,415) 2.8%(3,100,000) (3,375,000) 275,000 9% 1133 41912 LOCAL MEALS TAX (997,903) (1,061,396) (1,102,316) - (1,053,872) 5.1%(925,000) (985,800) 60,800 7%(4,462,639) (4,594,673) (4,761,694) (375) (4,348,842) 4.8% (4,059,000) (4,394,800) 335,800 8% ---------------------------------------- 41 PAYMENT IN LEIU OF TAX ---------------------------------------- 1133 41800 PAYMENT IN LIEU TAX (33,231) (14,706) (8,794) (41) (18,910) (48.6%)(8,000) (8,000) - 0% (33,231) (14,706) (8,794) (41) (26,422) (22.3%) (8,000) (8,000) - 0% ---------------------------------------- 41 PENALTIES AND INTEREST ON TAXES AND EXCISE ---------------------------------------- 1133 41710 P&I RE (381,920) (378,763) (364,407) (29,844) (375,030) (2.3%)(345,000) (345,000) - 0% 1133 41720 P&I EXCISE (142,208) (115,697) (132,572) (11,798) (130,159) (3.4%)(105,000) (105,000) - 0% 1133 41730 P&I EXCISE TAX LIEN (132,775) (192,700) (86,986) (1,461) (137,487) (19.1%)(90,000) (90,000) - 0% 1133 41740 P&I BOAT (357) (90) (7) - (151) (86.0%)- - - na 1133 41750 P&I SEW/LF (43) (66) (199) (8) (103) 114.6%- - - na (657,303) (687,316) (584,171) (43,111) (742,467) (8.0%) (540,000) (540,000) - 0% 42 CHARGES FOR SERVICES ---------------------------------------- 1210 42430 PARKING FEE INCOME (10,666) (14,000) (10,016) (1,520) (11,561) (3.1%)(10,000) (10,000) - 0% 1210 42431 MARKED RECORDS FINES (9,517) (10,721) (12,006) (1,382) (10,748) 12.3%(9,000) (9,000) - 0% 1220 42708 FLAMMABLE FLUID STORAGE (14,025) (11,150) (10,500) (3,300) (11,892) (13.5%)(10,000) (10,000) - 0% 1220 42709 CHARCOAL PERMITS (890) - - - (297) (100.0%)- - - na 1220 42710 FIRE REPORTS (5) - - - (2) (100.0%)- - - na 1541 42421 PRIVATE PATIENT INCOME - - - - - na - - - na(35,103) (35,871) (32,522) (6,202) (37,210) (4.1%) (29,000) (29,000) - 0%TOTAL CHARGES FOR SERVICES TOTAL OTHER EXCISE TOTAL PAYMENT IN LIEU OF TAX TOTAL PENALITIES & INTEREST TOWN OF NANTUCKET GENERAL FUND HISTORICAL BUDGET COMPARISON FY2020 Budget 3-YEAR ACTUAL COMPOUND Budget Budget FY2016 FY2017 FY2018 FY2019 SIMPLE ANNUAL FY2019 FY2020 $ Inc/(Decr)% Inc/(Decr) ACTUALS ACTUALS ACTUALS ACTUALS AVERAGE GROWTH RATE BUDGET BUDGET FY20/FY19 FY20/FY19 YTD 43 FEES ---------------------------------------- 1133 43201 TAX COLL MUNICIPAL LIEN CERT (28,200) (28,700) (28,350) (2,325) (28,417) 0.3%(28,000) (28,000) - 0% 1133 43202 TREASURER ADMINISTRATIVE FEES (217) (242) (103) (11) (187) (31.1%)- - - na 1174 43203 FILING FEES (94,896) (112,763) (102,386) (8,698) (103,348) 3.9%(95,000) (95,000) - 0% 1691 43203 FILING FEES (182,859) (294,592) (279,865) (25,498) (252,439) 23.7%(215,000) (215,000) - 0%1249 43207 INSP FEE RESTAURANT (10,975) (13,050) (12,325) (175) (12,117) 6.0%(5,000) (5,000) - 0% 1249 43208 BLDG INSP FEES LODG HSE (9,850) (9,400) (10,350) (700) (9,867) 2.5%(6,500) (6,500) - 0% 1249 43209 BLDG INSP FEE PUBLIC BLDG (8,675) (6,573) (8,375) (375) (7,874) (1.7%)(6,000) (6,000) - 0% 1590 43212 PASSPORT PROCESSING FEE (13,025) (13,050) (13,440) (1,540) (13,172) 1.6%(13,000) (13,000) - 0% 1249 43213 PLUMBING INSPECTION FEES (175,645) (165,545) (168,147) (15,280) (169,779) (2.2%)(150,000) (150,000) - 0% 1249 43214 WIRING INSPECTION FEES (205,555) (203,368) (186,070) (19,015) (198,331) (4.9%)(185,000) (185,000) - 0% 1912 43216 CONSERVATION FEE DETERMINATION (425) (475) (825) (75) (575) 39.3%- - - na 1912 43217 CONSERVATION FEE N O I (18,131) (16,216) (21,878) (2,990) (18,742) 9.8%(16,000) (16,000) - 0% 1174 43220 WITNESS FEES (15) - - - (5) (100.0%)- - - na 1510 43220 WITNESS FEES - - - - - na - - - na 1220 43222 FIRE INSPECTION COI (11,250) (13,450) (14,750) (800) (13,150) 14.5%(12,500) (12,500) - 0% 1220 43223 FIRE INSP FEE SMOKE DET (24,600) (24,475) (24,600) (3,450) (24,558) 0.0%(22,000) (22,000) - 0% 1220 43224 FIRE INSP FEE OIL BURNER (2,400) (1,050) (850) (200) (1,433) (40.5%)(1,000) (1,000) - 0% 1210 43228 POLICE ALARM REG FEES (109,738) (113,988) (125,600) (1,300) (116,442) 7.0%(110,000) (110,000) - 0% 1912 43229 CON COM COMPLIANCE FEES (1,900) (1,900) (1,675) (125) (1,825) (6.1%)(1,500) (1,500) - 0% 1220 43230 FIRE INSPECTION FIRE ALARMS (1,375) (1,225) (375) (75) (992) (47.8%)(1,200) (1,200) - 0% 1122 43250 FRANCHISE FEES (4,540) (4,642) (4,696) - (4,626) 1.7%(4,000) (4,000) - 0% 1912 43251 FERTILIZER LICENSE FEE (12,700) (5,000) (31,980) - (16,560) 58.7%(5,000) (5,000) - 0% 1122 43255 PERMIT APP FEE (21,580) (22,985) (16,580) (3,885) (20,382) (12.3%)(15,000) (15,000) - 0% 1174 43274 INSPECTION FEES - - - - - na - - - na 1210 43620 FEES: STREET MUSICIANS (4,200) (2,310) (3,050) (750) (3,187) (14.8%)(2,000) (2,000) - 0% 1161 43702 MISC SALES (571) (780) (1,460) (185) (937) 59.9%(600) (600) - 0% 1174 43702 MISC SALES - - - - - na - - - na 1249 43702 MISC SALES (9,578) (6,007) (7,245) (418) (7,610) (13.0%)- - - na 1295 43702 MARINE ICE SALES - - - - - na - - - na 1691 43702 MISC SALES - GUIDE BOOKS & COPIES (54) - - - (18) (100.0%)- - - na 1912 43702 MISC SALES - GUIDE BOOKS & COPIES - - - - - na - - - na 1295 43703 MARINE SCALLOP BOXES - - - - - na - - - na (952,953) (1,061,786) (1,064,975) (87,870) (938,571) 9.9% (894,300) (894,300) - 0% 43 RENTALS ---------------------------------------- 1122 43600 TRIAL COURT (112,123) (48,768) (36,576) (15,106) (65,822) (42.9%)(70,500) (70,500) - 0% 1122 43602 MA REG OF MV SPACE RENTAL (9,297) (9,224) (8,455) (1,537) (8,992) (4.6%)(9,000) (9,000) - 0% 1122 43606 RENTAL FEES (16,200) (16,200) (16,200) - (16,200) 0.0%(16,200) (16,200) - 0% 1122 43608 MV RENTAL AGENCY LICENSE (30,850) (16,750) (16,200) - (21,267) (27.5%)(15,000) (15,000) - 0% 1122 43610 LEASE INCOME (32,445) (38,005) (64,887) (3,174) (45,112) 41.4%(32,000) (32,000) - 0% 1122 43611 RENT 3 CHESTNUT ST (18,750) (29,167) (25,000) (4,167) (24,306) 15.5%(25,000) (25,000) - 0% 1122 43612 BOS LEASE (600) - - - (200) (100.0%)- - - na 1122 43621 JETTIES CONCESSION FEE (56,153) (109,723) (256,797) (63,000) (140,891) 113.8%(108,000) (108,000) - 0% 1122 43622 CHILDRENS BEACH CONCESSION FEE (25,627) - (8,500) - (11,376) (42.4%)(10,000) (10,000) - 0% 1122 43623 SURFSIDE BEACH CONCESSION FEE - (56,223) (25,400) - (27,208) na (50,000) (50,000) - 0% 1122 43624 FRANCIS ST CONCESSION FEE (8,279) (20,200) (20,200) (10,100) (16,226) 56.2%- - - na 1210 43609 TOWING CONCESSION FEE - - - - - na - - - na 1249 43607 OTHER BUSINESS FEES (120) (200) - - (107) (100.0%)- - - na 1295 43604 MARINE TOWN PIER DOCKAGE (31,491) (65,830) (101,440) (4,568) (66,254) 79.5%(35,000) (35,000) - 0% 1295 43605 MARINE SLIP RENTALS (286,043) (139,217) (128,878) (4,150) (184,713) (32.9%)(125,000) (125,000) - 0% 1420 43606 RENTAL FEES (116,016) - - - (38,672) (100.0%)- - - na (743,995) (549,505) (708,532) (105,802) (583,670) 6.3% (495,700) (495,700) - 0% TOTAL FEES TOTAL RENTALS TOWN OF NANTUCKET GENERAL FUND HISTORICAL BUDGET COMPARISON FY2020 Budget 3-YEAR ACTUAL COMPOUND Budget Budget FY2016 FY2017 FY2018 FY2019 SIMPLE ANNUAL FY2019 FY2020 $ Inc/(Decr)% Inc/(Decr) ACTUALS ACTUALS ACTUALS ACTUALS AVERAGE GROWTH RATE BUDGET BUDGET FY20/FY19 FY20/FY19 YTD ---------------------------------------- 44 LICENSES & PERMITS ---------------------------------------- 1122 44101 LIQ LIC RES/INN AA (14,500) (29,000) (20,000) - (21,167) 17.4%(15,000) (15,000) - 0% 1122 44102 LIQ LIC RES/INN WM (1,600) - (3,200) - (1,600) 41.4%- - - na 1122 44103 LIQ LIC COMMON VIC AA (145,050) (135,850) (144,650) - (141,850) (0.1%)(120,000) (120,000) - 0% 1122 44104 LIQ LIC PKG STORE AA (20,750) (20,750) (20,750) - (20,750) 0.0%(20,000) (20,000) - 0% 1122 44105 LIQ LIC PKG STORE WM (5,400) (6,400) (6,400) - (6,067) 8.9%(5,000) (5,000) - 0% 1122 44106 LIQ LIC CLUB AA (16,900) (17,900) (19,100) - (17,967) 6.3%(16,500) (16,500) - 0% 1122 44107 LIQ LIC COM VIC W/M (10,700) (13,800) (12,200) - (12,233) 6.8%(6,000) (6,000) - 0% 1122 44108 COMMON VICT (6,700) (5,850) (5,900) - (6,150) (6.2%)(5,000) (5,000) - 0% 1122 44109 MOBILE FOOD UNIT (1,200) (2,400) (2,100) - (1,900) 32.3%(1,500) (1,500) - 0% 1122 44201 ENTERTAINMENT LICENSES (8,335) (9,175) (9,000) (850) (8,837) 3.9%(7,500) (7,500) - 0% 1122 44206 OTHER BUSINESS LICENSES (5,085) (1,080) (1,075) (20) (2,413) (54.0%)(1,000) (1,000) - 0% 1122 44213 STREET VENDOR (1,050) (750) (750) - (850) (15.5%)(500) (500) - 0% 1122 44216 PUBLIC ASSEMBLY PERMIT (3,675) (2,300) (800) (500) (2,258) (53.3%)(1,500) (1,500) - 0% 1122 44217 BEACH USE PERMIT (6,550) (3,725) (950) (300) (3,742) (61.9%)(2,500) (2,500) - 0%1122 44218 TAXI WAIT LIST (910) (840) (1,040) - (930) 6.9%(500) (500) - 0% 1122 44500 OTHER BUSINESS PERMITS - - (100) - (33) na - - - na 1122 44509 PERMITS OVER THE ROAD (1,700) (2,150) (3,300) (100) (2,383) 39.3%(500) (500) - 0% 1122 44514 CLASS I LICENSE (100) (100) (100) - (100) 0.0%- - - na 1122 44515 CLASS II LICENSE (300) (300) (300) - (300) 0.0%- - - na 1122 44516 CLASS III LICENSE (500) (600) (500) - (533) 0.0%- - - na 1161 44201 ENTERTAINMENT LICENSES - - - - - na - - - na 1161 44202 TAXI TRANSFER (1,200) (1,400) (750) (150) (1,117) (20.9%)(1,600) (1,600) - 0% 1161 44204 TAXI/LIMO LICENSE RENEWALS (23,850) (23,550) (22,050) (900) (23,150) (3.8%)(22,000) (22,000) - 0% 1161 44206 OTHER BUSINESS LICENSES (2,345) (2,000) (2,090) (1,050) (2,145) (5.6%)(2,000) (2,000) - 0% 1161 44207 OTHER NON-BUS LICENSES (5,340) (11,030) (10,300) (1,450) (8,890) 38.9%(5,500) (5,500) - 0% 1161 44208 LICENSES - DOMESTIC PARTNERSHIP (25) - - (50) (8) (100.0%)- - - na 1161 44209 CLERK LIC DOGS (4,485) (3,385) (3,635) (30) (3,835) (10.0%)(3,000) (3,000) - 0% 1161 44500 OTHER BUSINESS PERMITS (6,470) (10,240) (8,870) (1,120) (8,527) 17.1%(5,500) (5,500) - 0% 1161 44501 CERTIFICATIONS (16,860) (23,535) (24,410) (2,447) (21,602) 20.3%(17,000) (17,000) - 0% 1161 44507 VOTER EXTRACT (180) (90) (60) - (110) (42.3%)- - - na 1161 44508 UCC FEES - - - - - na - - - na 1161 44513 GENEALOGICAL RESEARCH (148) (220) (150) - (173) 0.8%- - - na 1161 44517 POLE (850) (500) (1,425) (675) (925) 29.5%(500) (500) - 0% 1210 44501 TAXI DRIVER ID (13,475) (8,725) (5,275) (1,100) (9,158) (37.4%)(5,000) (5,000) - 0% 1210 44502 POLICE PERMITS PARKING (80,275) (76,825) (64,735) (12,910) (73,945) (10.2%)(70,800) (70,800) - 0% 1210 44503 POLICE PERMITS PISTOL (3,513) (4,835) (7,598) (4,300) (5,315) 47.1%(3,750) (3,750) - 0% 1220 44504 FIRE PERMITS MISC (1,275) (2,850) (1,625) (350) (1,917) 12.9%(1,500) (1,500) - 0% 1249 44206 OTHER BUSINESS LICENSES (2,500) (250) (725) - (1,158) (46.1%)- - - na124944500BUILDING PERMITS (1,219,361) (1,222,855) (1,166,167) (73,783) (1,202,794) (2.2%)(1,100,000) (1,115,000) 15,000 1% 1295 44210 MARINE LIC COM SHELLFISH (2,581) - - - (860) (100.0%)- - - na 1295 44212 MARINE LIC FAM SHELLFISH (18,993) (12,465) (12,110) (2,029) (14,523) (20.1%)(12,000) (12,000) - 0% 1295 44220 MOORING WAITING LIST (4,443) (2,385) (1,855) (60) (2,894) (35.4%)(2,350) (2,350) - 0% 1420 44509 DPW PERMITS OVER THE ROAD - - - - - na - - - na 1510 44204 TOBACCO SALES LICENSES (1,650) (3,300) (3,450) - (2,800) 44.6%(1,500) (1,500) - 0% 1510 44206 OTHER BUSINESS LICENSES (8,475) (4,600) (6,100) (100) (6,392) (15.2%)(5,000) (5,000) - 0% 1510 44207 OTHER NON-BUS LICENSES (300) - - - (100) (100.0%)- - - na 1510 44211 WEIGHTS & MEASURES FEES (21,760) (11,155) - - (10,972) (100.0%)- - - na 1510 44214 HEALTH LIC VICTULAR - - - - - na - - - na 1510 44215 HEALTH LIC LODG HOUSE (16,350) (15,000) (14,600) (100) (15,317) (5.5%)(13,500) (13,500) - 0% 1510 44506 HEALTH PERMITS SEPTIC (4,800) (4,600) (4,500) (700) (4,633) (3.2%)(4,600) (4,600) - 0% (1,712,508) (1,698,765) (1,614,695) (105,073) (1,620,349) 5.4% (1,480,100) (1,495,100) 15,000 1%TOTAL LICENSE & PERMITS TOWN OF NANTUCKET GENERAL FUND HISTORICAL BUDGET COMPARISON FY2020 Budget 3-YEAR ACTUAL COMPOUND Budget Budget FY2016 FY2017 FY2018 FY2019 SIMPLE ANNUAL FY2019 FY2020 $ Inc/(Decr)% Inc/(Decr) ACTUALS ACTUALS ACTUALS ACTUALS AVERAGE GROWTH RATE BUDGET BUDGET FY20/FY19 FY20/FY19 YTD ---------------------------------------- 46 STATE LOCAL AID ---------------------------------------- 1122 46400 RMV CITATIONS (21,537) (24,493) (40,450) (1,711) (28,826) 37.0%- - - na 1133 46140 CSI B8 VET, BLIND & SPOUSE (6,045) (3,447) (3,272) (1) (4,255) (26.4%)(3,447) (3,272) (175) (5%) 1133 46180 UNRESTRICTED AID (73,041) (76,182) (79,153) (6,826) (76,125) 4.1%(79,153) (81,923) 2,770 3% 1133 46202 CSI A.1 CH70 SCHOOL AID (2,980,944) (3,067,074) (3,114,564) (295,863) (3,054,194) 2.2%(3,114,564) (3,550,359) 435,795 14% 1133 46610 CSI PUB LIBRARIES CH78 - - - - - na (8,692) (9,022) 330 4% 1133 46670 CSI B8 VETERANS BENEFITS - - - - - na - - - na 1133 46991 CSI B11 STATE OWNED LAND (106,482) (114,781) (114,671) (13,728) (111,978) 3.8%(114,671) (164,746) 50,075 44% 1133 46992 OTHER STATE FUNDS - - - - - na - - - na 1161 46400 EXIT POLLS (673) (1,346) (4,627) - (2,215) 162.2%- - - na (3,188,722) (3,287,323) (3,356,737) (318,129) (2,940,986) 11.9% (3,320,527) (3,809,322) 488,795 15% ---------------------------------------- 47 FINES & FORFEITS ---------------------------------------- 1161 47707 CODE VIOLATIONS CITATIONS (14,675) (28,050) (7,310) (1,200) (16,678) (29.4%)- - - na121047700DISTRICT COURT FINES - (113) (1,877) (175) (663) na - - - na 1210 47701 POLICE PARKING FINES (223,712) (271,074) (305,840) (20,224) (266,875) 16.9%(215,000) (215,000) - 0% 1691 47708 HDC VIOLATION FEE - - - - - na - - - na(238,387) (299,237) (315,027) (21,599) (259,992) 7.3% (215,000) (215,000) - 0% ---------------------------------------- 48 INVESTMENT INCOME ---------------------------------------- 1147 48201 INTEREST ON INVESTMENTS - - - - - na - - - na 1133 48201 INTEREST ON INVESTMENTS (124,002) (199,775) (238,949) - (187,575) 38.8%(135,000) (135,000) - 0% (124,002) (199,775) (238,949) - (165,399) 5.0% (135,000) (135,000) - 0% ---------------------------------------- 48 OTHER DEPARTMENTAL REVENUE ---------------------------------------- 1122 48100 SALE OF INVENTORY & FIXED - - (14,851) - (4,950) na - - - na 1122 48300 DONATIONS - - - - - na - - - na 1122 48400 BOS MISC REVENUES (20) (4,292) (120) - (1,477) 144.9%- - - na 1122 48402 PHOTOCOPIES - - - - - na - - - na 1122 48450 BOUNCED CHECKS - - (3,158) - (1,053) na - - - na 1133 48400 FINANCE COPIES & MIS (13,024) (9,036) (18,748) (559) (13,603) 20.0%(9,500) (9,500) - 0% 1133 48401 TELEPHONE - - - - - na - - - na 1133 48422 MISC NON RECURRING (895,315) (16,351) (190,842) - (367,503) (53.8%)- - - na 1133 48500 UNIDENTIFIED CASH ADJUSTMENTS - (16,330) (4,218) - (6,850) na - - - na 1133 48501 TC - UNDESIGNATED RECEIPTS (2,210) (8,767) (83,226) (5,201) (31,401) 513.7%- - - na 1147 48400 MISC REVENUES - - - - - na - - - na116148400TOWN CLERK MISC (152) (500) (1) - (218) (91.9%)- - - na 1161 48450 BOUNCED CHECKS - (92) 15 - (26) na - - - na TOTAL STATE LOCAL AID TOTAL FINES & FORFEITS TOTAL INVESTMENT INCOME TOWN OF NANTUCKET GENERAL FUND HISTORICAL BUDGET COMPARISON FY2020 Budget 3-YEAR ACTUAL COMPOUND Budget Budget FY2016 FY2017 FY2018 FY2019 SIMPLE ANNUAL FY2019 FY2020 $ Inc/(Decr)% Inc/(Decr) ACTUALS ACTUALS ACTUALS ACTUALS AVERAGE GROWTH RATE BUDGET BUDGET FY20/FY19 FY20/FY19 YTD 1174 48400 PLANNING MISC REV - (92) - - (31) na - - - na 1174 48450 BOUNCED CHECKS - (92) 3,478 - 1,129 na - - - na 1199 48400 MISC RECURRING - - - - - na - - - na 1210 48400 POLICE MISC REV (14,906) (5,642) (3,850) (240) (8,133) (49.2%)(2,500) (2,500) - 0% 1210 48403 INSURANCE REPORTS (1,335) (1,071) (1,000) (75) (1,135) (13.5%)(1,000) (1,000) - 0% 1210 48415 OFF DUTY POLICE ADMIN CHARGE (31,113) (59,799) (58,612) (6,959) (49,841) 37.3%(60,000) (60,000) - 0% 1220 48400 FIRE MISC REV (57) (1,012) - - (356) (100.0%)- - - na 1220 48412 OFF DUTY FIRE (266) (3,607) (2,938) (1,018) (2,270) 232.1%(1,500) (1,500) - 0% 1295 48400 MISC REV - - - - - na - - - na 1420 48100 SALE OF INVENTORY & FIXED ASST - - - - - na - - - na 1420 48400 DPW MISC REV (4,505) (5,085) (7,072) (2,400) (5,554) 25.3%(5,000) (5,000) - 0% 1420 48409 REVENUE -CH81 STATE HWY (34,999) - (70,000) - (35,000) 41.4%(35,000) (35,000) - 0% 1420 48411 ROAD PATCH REVENUE - - - - - na - - - na 1420 48419 SANFORD TRUST - - - - - na - - - na 1492 48400 TOWN GAS REVENUES (54,074) (43,196) (65,142) (6,803) (54,137) 9.8%(43,000) (43,000) - 0% 1510 48400 MISC REVENUES (2,366) (776) (832) (95) (1,325) (40.7%)(500) (500) - 0% 1510 48450 BOUNCED CHECKS (2,366) (776) 700 - (814) na - - - na194548400MISC REVENUE - - - - - na - - - na 1999 48400 MISC REVENUES (11,200) (119,738) (87,255) - (72,731) 179.1%(18,430) (18,430) - 0%(1,067,907) (296,257) (607,672) (23,349) (489,654) 41.4% (176,430) (176,430) - 0% - ---------------------------------------- 49 MISCELLANEOUS RECURRING ---------------------------------------- 1133 48600 RDS RETIREE DRUG SUBSIDY (11,388) - - - (3,796) (100.0%)- - - na (11,388) - - - (18,717) (100.0%) - - - na ---------------------------------------- 49 MISCELLANEOUS NON-RECURRING ---------------------------------------- 1122 49000 REFUNDS - - - - - na - - - na 1133 49102 PROCEEDS FROM BOND SALE - - - - - na - - - na 1133 49104 DEBT PREMIUM (35,307) (87,658) - - (40,988) (100.0%)- - - na 1133 49303 PREMIUM FOR 12/2003 BOND SALE - - - - - na - - - na 1133 49400 DISPOSITION OF FIXED ASSETS - - - - - na - - - na 1133 49600 INTEREST RECV ON BONDS SOLD - - - - - na - - - na 1133 49901 INDIRECT COSTS - (619,300) (616,300) - (411,867) na - - - na 1249 49000 REFUNDS - - - - - na - - - na 1521 49000 REFUNDS - - - - - na - - - na 1620 48400 MISC REVENUES - - (3,397) - (1,132) na - - - na 1691 49000 REFUNDS - - - - - na - - - na 1999 49702 TRANSFER FROM SPEC REV FUND (294,402) - - - (98,134) (100.0%)- - - na 1999 49704 TRANSFER FROM CAP PROJ FUND - - - - - na - - - na199949706TRANSFER FROM ENTERPRISE FUNDS (700,519) - - - (233,506) (100.0%)- - - na 1999 49708 TRANSFER FROM TRUST FUNDS - - - - - na - - - naTOTAL MISCELLANEOUS NON-RECURRING (1,030,229) (706,958) (619,697) - (785,628) 6.2% - - - na GRAND TOTAL (86,221,381)$ (90,282,987)$ (95,108,775) (19,209,520) (90,537,715) 3.9%(94,945,164) (100,524,788) 5,579,624 6% TOTAL OTHER DEPARTMENTAL REVENUE TOTAL MISCELLANEOUS RECURRING TOWN OF NANTUCKET GENERAL FUND HISTORICAL BUDGET COMPARISON FY2020 Budget 3-YEAR ACTUAL COMPOUND Budget Budget FY2016 FY2017 FY2018 FY2019 SIMPLE ANNUAL FY2019 FY2020 $ Inc/(Decr)% Inc/(Decr) ACTUALS ACTUALS ACTUALS ACTUALS AVERAGE GROWTH RATE BUDGET BUDGET FY20/FY19 FY20/FY19 YTD I. TAXES- REAL ESTATE AND PERSONAL PROPERTY (69,288,111) (74,097,123) (78,242,068) (18,175,233) (73,875,767) 6.3%(81,092,107) (85,642,136) 4,550,029$ 5.6% II. LOCAL REVENUE 1. Motor Vehicle Excise Taxes (2,674,907) (2,753,692) (2,953,243) (322,735) (2,793,947) 5.1%(2,500,000) (2,690,000) 190,000$ 7.6%2. Other Excise Taxes A) Boat Excise Taxes (36,132) (34,877) (37,136) (375) (36,048) 1.4%(34,000) (34,000) -$ 0.0% B) Rooms Excise Taxes (3,428,604) (3,498,400) (3,622,242) - (3,516,415) 2.8%(3,100,000) (3,375,000) 275,000$ 8.9% C) Meals Excise Taxes (997,903) (1,061,396) (1,102,316) - (1,053,872) 5.1%(925,000) (985,800) 60,800$ 6.6% 3. Penalties & Interest on Taxes and Excises (657,303) (687,316) (584,171) (43,111) (642,930) (5.7%)(540,000) (540,000) -$ 0.0% 4. Payments in lieu of Taxes (33,231) (14,706) (8,794) (41) (18,910) (48.6%)(8,000) (8,000) -$ 0.0% 5. Charges for Services (35,103) (35,871) (32,522) (6,202) (34,499) (3.7%)(29,000) (29,000) -$ 0.0% 6. Fees (952,953) (1,061,786) (1,064,975) (87,870) (1,026,572) 5.7%(894,300) (894,300) -$ 0.0% 7. Rentals (743,995) (549,505) (708,532) (105,802) (667,344) (2.4%)(495,700) (495,700) -$ 0.0% 8. Other Departmental Revenue (1,067,907) (296,257) (607,672) (23,349) (657,279) (24.6%)(176,430) (176,430) -$ 0.0% 9. Licenses and Permits (1,712,508) (1,698,765) (1,614,695) (105,073) (1,675,322) (2.9%)(1,480,100) (1,495,100) 15,000$ 1.0% 10. Fines and Forfeits (238,387) (299,237) (315,027) (21,599) (284,217) 15.0%(215,000) (215,000) -$ 0.0% 11. Investment Income (124,002) (199,775) (238,949) - (187,575) 38.8%(135,000) (135,000) -$ 0.0% 12. Miscellaneous Recurring (11,388) - - - (3,796) (100.0%)- - -$ na 13. Miscellaneous Non-Recurring (Indirect Costs)(1,030,229) (706,958) (619,697) - (785,628) (22.4%)- - -$ na III. STATE LOCAL AID (3,188,722) (3,287,323) (3,356,737) (318,129) (3,277,594) 2.6%(3,320,527) (3,809,322) 488,795$ 14.7% TOTAL GENERAL FUND REVENUE (86,221,381) (90,282,987) (95,108,775) (19,209,520) (90,537,715) 0 (94,945,164) (100,524,788) 5,579,624$ 6% CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Town of Nantucket – Capital Program Committee FY20 Report and Recommendations CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 TABLE OF CONTENTS Introduction ........................................................................................................................................................................... 1 Summary of Capital Allocations (by Account) ......................................................................................................... 2 General Fund (by Department) ................................................................................................................................... 2 Enterprise Accounts ......................................................................................................................................................... 2 Funding Sources ................................................................................................................................................................... 3 General Fund ....................................................................................................................................................................... 3 Enterprise Accounts ......................................................................................................................................................... 3 FY20 Requests ≥ $1M (by Account & Project Code) .............................................................................................. 4 General Fund ....................................................................................................................................................................... 4 Enterprise Accounts ......................................................................................................................................................... 4 Projected Cost Impacts ...................................................................................................................................................... 5 General Fund (Taxpayer) Rates .................................................................................................................................. 5 Enterprise Fund (Ratepayer) Rates ........................................................................................................................... 5 Debt Service – Principal & Interest ............................................................................................................................ 6 Statement of Procedures ................................................................................................................................................... 7 Procedural Recommendations ....................................................................................................................................... 8 Appendices: Appendix A – Capital Requests by Account & Department (w/Request Descriptions) Appendix B – Capital Requests by Fund-type & Funding Source Appendix C – Typical MA Municipal Capital Funding Sources Appendix D – Town of Nantucket Tax Rate History CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Page 1 of 9 INTRODUCTION The Town of Nantucket (Town) recognizes that procurement, construction, and maintenance of its capital assets are critical activities essential to its future fiscal health and the appropriate delivery of services to citizens and businesses. Arising therefrom, the primary objective of Capital Program Committee (CapCom) is to develop, carefully plan, and to maintain a comprehensive Capital Improvement Plan (CIP) that promotes stability and stewardship. The foregoing and all aspects of this report that follow are per revisions to Town Financial Policies & Procedures (FP&P) adopted by the Select Board (as the Board of Selectmen, after deliberation November 16, 2016). The FP&P represent a best practice requirement of the Town to participate in, and benefit from, the Massachusetts Community Compact program. This report is the culmination of effort of the CapCom, our Town Manager & Administration, the Finance Department, Department Heads, and others. We are grateful for their ongoing assistance—success of the CIP depends on each of these efforts and objective professionalism and we take this opportunity to thank all involved for their timely contributions. Respectfully, the Town of Nantucket Capital Program Committee: Chairman, At-large – Stephen Welch Vice Chairman, At-large – Peter Kaizer Secretary, At-large – Richard Hussey Board of Selectmen Representative – Jason Bridges Finance Committee Representative – Peter McEachern Member-At-Large Representative – Christy Kickham, NP&EDC Representative – Nathanial Lowell CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Page 2 of 9 SUMMARY OF CAPITAL ALLOCATIONS (BY ACCOUNT) For FY20, of 87 requests totaling $101.65M, the Capital Program Committee recommends capital allocations totaling $98.19M. GENERAL FUND & ENTERPRISE ACCOUNTS TOTAL: $98.19M GENERAL FUND (BY DEPARTMENT) ENTERPRISE ACCOUNTS Airport $21.91M Our Island Home $.25M Sewer $21.5M Solid Waste $14.69M Wannacomet Water Company (WWCO) $1.5M Sconset Water Company (SWCO) $1.94M Enterprise Accounts Total: $61.8M See too:  Appendix A – Capital Requests by Account & Department (w/Request Descriptions) Dept. Public Works (DPW) Administration $.15M Facilities $1.M Fleet Management $.49M Transportation $19.74M Fire Dept. $.92M IS/GIS $.3M Police/Marine $4.45M School $1.9M Town Administration $7.45M General Fund Total: $36.39M CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Page 3 of 9 FUNDING SOURCES Shown are the funding sources for General Fund & Enterprise Accounts: GENERAL FUND * = Capital required by TON Code, see Appendix B, General Fund footnote #5 ENTERPRISE ACCOUNTS Note: For purposes of this report, funding sources are those recommended by the Town Manager and Finance Department as of the date of this report. See too:  Appendix B – Capital Requests by Funding Source  Appendix C – Typical MA Municipal Capital Funding Sources Borrowing $6.28M Capital Exclusion $1.03M Debt Exclusion $22.M Free Cash $5.06M Required Capital Investment $.99M Other Funding Sources $1.03M Ambulance Reserve Fund $.38M NIS School Borrowing Article $.65M GENERAL FUND TOTAL: $36.39M Article Reappropriation $.69M Borrowing $45.41M Capital Exclusion $.25M Debt Exclusion $14.M Retained Earnings $1.45M ENTERPRISE ACCOUNTS TOTAL: $61.8M CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Page 4 of 9 FY20 REQUESTS ≥ $1M (BY ACCOUNT & PROJECT CODE) Shown are capital requests of greater than or equal to $1M, by Fund-type, keyed to each request’s Project Code. GENERAL FUND TRAN-17-001 Sidewalk Improvement Program $1.M TRAN-17-005 Surfside Area Roads Reconstruction (Lovers Lane, Monohanssett and Okorowaw) $6.29M TRAN-17-006 Road Improvements/Maintenance $1.M TRAN-19-2 Parking Improvements - 2FG & Town Pier $1.M TRAN-19-4 Fairgrounds Area Roadways (Waitt Drive) $1.5M TRAN-19-3 Orange St. Bike Path $2.51M TRAN-20-TBD1 Newtown/Fairgrounds/Old South Improvements $5.2M PUBL-20-010 Public Safety Auxiliary Building $3.M ADMIN-20-002 Town Pier Supplemental Funding $5.M ENTERPRISE ACCOUNTS Note: Sort is by Plan-It project code, for additional information see attached “Appendix A – Capital Requests by Account & Department (incl. Request Description)” AIR-19-010-2 Taxiway Echo $19.1M AIR-20-TBD6 Security Project $2.09M SEWER-18-003 Current Force Main Assessment and Inspections $2.M SEWER-18-004 CMOM Program $2.M SEWER-19-008 Surfside WWTF Phase 2 Upgrades $6.5M SEWER-20-022 New Sewer Force Main Design & Planning $2.5M WWCO-20-001 New Source Investigation $1.5M SIAS-20-001 Water Main Replacement $1.94M SEWER-19-020 National Grid L8 Project Area Sewer Replacement $6.5M SWEF-20-001 Capping Cells 1 A, B, C $14.M CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Page 5 of 9 PROJECTED COST IMPACTS TAXPAYER & RATEPAYER RATES Projected FY20 cost impacts of Debt & Capital Exclusions are as follow: General Fund (Taxpayer): (Residential, Commercial/Industrial/Personal Property, Open Space) Project/Purpose Type of Exclusion Residential Com./Ind./PP Open Space Projected Increase Projected Rate Projected Increase Projected Rate Projected Increase Projected Rate Newtown/Fairgrounds/Old South Improvements Debt $ 0.0162 $ 3.38 $ 0.0258 $ 5.74 $ 0.0157 $ 3.22 Orange Street Bike Path Debt $ 0.0079 $ 3.37 $ 0.0117 $ 5.72 $ 0.0077 $ 3.21 Surfside Area Roads Reconstruction (Lovers Lane, Monohanssett & Okorowaw) Debt $ 0.0195 $ 3.38 $ 0.0315 $ 5.74 $ 0.0189 $ 3.22 Town Pier Supplemental Funding Debt $ 0.0155 $ 3.38 $ 0.0248 $ 5.73 $ 0.0151 $ 3.22 Public Safety Auxiliary Building Debt $ 0.0094 $ 3.37 $ 0.0143 $ 5.72 $ 0.0092 $ 3.21 Cap/Close Cells 1 A, B, C Debt $ 0.0433 $ 3.40 $ 0.0719 $ 5.78 $ 0.0415 $ 3.24 FY 2020 Capital1 Capital $ 0.0500 $ 3.41 $ 0.0833 $ 5.79 $ 0.0479 $ 3.25 Totals: $ 0.1617 $ 3.52 $ 0.2633 $ 5.97 $ 0.1559 $ 3.36 Assumptions: - Assumptions are based on FY19 approved values & tax rates using a shift of 1.70 and Residential Exemption of 25% - FY19 Residential Mill Rate before Debt/Capital Exclusions is $3.36 - FY19 Commercial/Industrial/Personal Property Mill Rate before Debt/Capital Exclusions is $5.71. - FY19 Open Space Mill Rate before Debt/Capital Exclusions is $3.20. Notes: 1 = Includes: OIH Floor Repl.; DPW: Loader, Director Vehicle, Trash Compactor Truck, (2) Vehicle Lifts; Fire: Engine #7 Repl., SCBAs Repl. See too: “Appendix D – Town of Nantucket Tax Rate History” Enterprise Accounts (Ratepayer): Water & Sewer: To set revenue requirements resulting in a rate schedule adequate for its needs, the Wannacomet Water Co. Commission has undertaken a review of costs for ongoing operations, existing and anticipated capital improvements, and anticipated necessary reserves. Modifications to rate schedule, through a public hearing process, are not yet complete. The foregoing is generally accurate for the Town of Nantucket Sewer Dept., through the Town of Nantucket Sewer Commission. Latest posted rate activity is found here: https://tinyurl.com/yb7p7gm9 Airport: The Nantucket Memorial Airport pays its obligations from operating revenue derived from a rate schedule of fees and charges for aeronautical, non-aeronautical, ground transportation, advertising and other services; its rate schedule is determined by the Nantucket Memorial Airport Commission through a public hearing process. Latest posted rate activity is found here: https://tinyurl.com/yd57ex8z CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Page 6 of 9 DEBT SERVICE – PRINCIPAL & INTEREST At the time of this report, General Fund and Enterprise Accounts Amortization Tables were not available in printable form. As of their availability, a revision to this page will provide web- links to the tables. CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Page 7 of 9 STATEMENT OF PROCEDURES CapCom maintains certain procedures and undertakes various initiatives to address FP&P objectives, including annual self-examination of related matters. Of note at this time:  Annual Timeline. This year, in an attempt to dilute system-wide capacity issues and to meet external budget-review deadlines, the capital review process began earlier than in the past. Effects and results desired were unobtainable for various reasons; of particular concern, a large number of requests were untimely or incomplete. While contributing elements (such as the very capacity issues meant to be smoothed over, and a 130% increase in capital requests) provide a glimpse of future challenges, refusing late requests was deemed counterproductive; the rationale being, review for FY21 (vs. FY20) would create funding delays that might impede Town services and community goals. To address late requests and maintain proper diligence, CapCom extended its review schedule with forbearance; and, aware its responsibility to the budget timeline, CapCom forecast its funding recommendations through Town Admin (to help inform the capital project status report received by the Select Board at its 12/19/18 meeting). To be clear, capacity issues are not a fault of any parties; rather, they are a result of Town growing pains.  Department Liaisons. Ordinarily, CapCom designees serve as liaisons to departments to review current and out-year capital requests in situ, to develop a thorough understanding of department needs for insight during CapCom deliberation. As a result of CapCom composition the exercise is intended to provide a degree of integrational planning. CapCom reaffirms the importance of this annual procedure.  Prioritization & Ranking. CapCom funding recommendations revolve around prioritization and ranking of requests. Integrity of the process requires comprehensive linkage to various criteria (service objectives, health and regulatory requirements and, strategic and master plans, to name a few). A transparent, unbiased methodology is of equal importance. To help address this task, CapCom designed and deployed an Analytical Hierarchy Process framework; the framework systematizes valuation and application of criteria (on a criterion vs. criterion weighted basis). Its use results in a numerical Rank of Relative Importance (RORI) per request, which rankings inform CapCom deliberations. In addition, the framework incorporates expertise and normalizes subjectivity of parties. Expansion of framework’s criteria (to include project impact and risk management variables, and others) and policy-based reliance on RORI results are important objectives required to better align capital-related investment and matters of high importance to the community.  Capital Project Request Forms & Relational Database. As conceived, the “request form” is a comprehensive data collection tool for anticipated capital expenditures; it is also a data- entry point for a relational database. The database, developable as an interactive repository of ‘all things capital’ (past, present and ‘likely future’) is an essential ingredient of needed capacity (now, and more so going forward facing increased capital acquisition and management requirements); data-collection and reporting potenial cover the entire capital planning process (from submission through financial and project impact analysis, ranking, funding source projection and allocation, and to inform, or conceivably even manage, procurement and project management, inventory, and lifecycle management). CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Page 8 of 9 PROCEDURAL RECOMMENDATIONS The Town’s aging and lack of essential infrastructure and equipment require appropriate capital purchase, maintenance and replacement while our rapidly growing year-round and seasonal populations provide constant pressure on the Town to expand capital infrastructure and inventory. Not widely factored, currently, are costs to build our community’s coastal resiliency; this is a relatively new concern in response to changes to our natural environment. Whether it is more frequent severe storms or coastal flooding, or both—or other hazards—the Town and community recognize the need to protect our built and natural resources by adaptation, mitigation, and other means; of course, these protections come at a cost. As a result these circumstances, the Town’s capital needs are projected to increase in a relatively dramatic fashion for a sustained period. Faced with these challenges and the associated expenses, and the stewardship of responsible governance, a robust and effective CIP remains essential. Essential too, is highly-effective management of capital assets as exist, and that are acquired or constructed. Professional fiscal management objectives of the Town’s FP&P lay the groundwork; faced with these growing pains, including as a result of effects from the natural world, our shortcoming is capacity. In conjunction with existing programming, in keeping with the intent of objectives under the FP&P, to help develop the CIP-process to its intended capacity, and in the interest of smoothing the capital planning process and its impacts, we make the following recommendations:  Annual Process - Timeline: Continue to reevaluate and adjust schedule and procedures as necessary to help ensure completion of CapCom’s actions as required under the FP&P.  Annual Procedure - Strategic Integrational Planning Sessions (SIPS): To focus and align capital outcomes that matter most to Nantucket’s long-term goals, strategized around a needs-based timeline, and annually convene a broad swath of Town representatives and stakeholders, to participate in facilitated workgroup sessions, to evaluate and make recommendations upon capital investments within or arising from strategic and master plans (including coastal resiliency and hazard mitigation plans). Short SIPS to start.  Biennial Procedure - CIP Capacity & Funding Analysis: To reasonably inform CapCom recommendations, biennially model the 10-year CIP to include debt burden, prospective debt issuance, and other relevant metrics, with results presented to CapCom; it is understood and acknowledged that the Town’s Finance Director performs more regular modeling of this nature.  Biannual Procedure - Capital Project Status Reporting: Better develop current biannual reporting sessions intended to monitor approved requests (to include expenditures to- date, the necessity for supplemental funds, scheduling exceptions, and discontinuances or any severe problems if any), to help identify capital planning shortfalls.  System-wide Capacity - Centralize Capital Asset Management: A result of growing pains, Town capital asset management is fractured in various regards, and those aspects practiced are consistently subject to competing priorities; with such limited capacity, comprehensive management of the Town’s existing and rapidly expanding capital inventory is not a realistic goal and undesirable effects are experienced annually. In the quest to identify and cost-effectively deploy new capital assets, and to ensure existing assets are adequately maintained, and that strategies exist to perpetuate the same, and to CAPITAL PROGRAM COMMITTEE: FY20 REPORT & RECOMMENDATIONS (FINAL) January 18, 2019 Page 9 of 9 meet sustainability goals, dedicated resources and centralized accountability are essential ingredients. And these ingredients are required to give decision-makers a minute to plan, to maximize the usefulness of community-wide resources and help ensure high-value returns, and, to inform decisions for increased performance of Town investments while helping citizens understand capital needs for near and mid-term (10-year) planning cycles. Note: This topic was addressed previously in CapCom’s FY19 Report & Recommendations and subsequently in a report by an outside consultant hired by the Town; inclusion within this report is an update and reaffirmation. Carefully developed and implemented, these recommendations create efficiency, savings, and needed relief, along with increased credibility amongst taxpayers, ratepayers, and others. While some of the recommendations involve procedural changes absorbable through longer-term scheduling of processes, others require funding to complete stated objectives. In all regards, CapCom suggests special attention is required to limit priority-related conflicts amongst and between Town staff and other resources, and more so during times of cyclical responsibility (e.g. preparation and presentation of the annual operating budget, preparation for town meetings, etc.). Plan-It No.Dept./Request FY20 Rqst.CapCom Rec. DPW-18-12 GIS Data Integration $.15M $.15M Annual DPW GIS Data Integration Project FAC-19-005 Annual Facility Roof Repairs $.52M $.15M FAC-19-006 Annual Facility ADA Accessibility Upgrades $.15M $.05M FAC-19-007 Annual Facility Utility Updates $.52M $.15M FAC-19-008 Annual Facility Site Paving Updates $.52M $.25M FAC-19-004 Public Bathrooms Upgrades $.26M $.25M FAC-19-009 Annual Facility Equipment Replacements $.26M $.1M FAC-19-010 Annual Facility Lighting Updates $.1M $.05M FAC-18-005 Jetties Beach Facility Upgrades [Move to FY21 - Capacity]$1.M $.M FAC-19-003 DPW Garage and Campus [Move to FY21 - Capacity]$.M $.M DPW-18-01 Loader $.25M $.25M CAT 938M with bucket and plow DPW-18-04 DPW Directors Vehicles $.1M $.05M Operations & Facilities Managers Vehicles, including plows and computers DPW-18-09 Sweeper $.25M $.M Street Sweeper (2nd of 2) DPW-19-01 Trash Compactor Truck $.14M $.14M Trash Compactor Truck (2nd of 2) DPW-19-02 Service Response Truck $.15M $.M Truck equipped for field service of other vehicles & equipment DPW-19-03 Excavator $.24M $.M Wheeled Excavator with brush head and buckets DPW-19-04 Admin Passenger Vehicle $.05M $.M Transport vehicle for personnel DPW-19-05 Vehicle Lifts $.05M $.05M Mobile Vehicle Lifts for garage service TRAN-19-2 Parking Improvements - 2FG & Town Pier $1.M $1.M This project would improve pavement, lighting, drainage, and security of both the public parking lots at 2 Fairgrounds Road and 37 Washington Street. [CapCom Recommendation: Determine funding available towards 2FG lot improvements, if any, under Mass Medi-Spa Inc. special permit; TP Lot, include planning contingency to concepualize parking as if 37 Washington St. building & ground areas are available for parking or related use.] TRAN-19-3 Orange St. Bike Path $2.51M $2.51M Project includes widening Orange St by 4' both sides (total of 8') between West Creek Rd & Spruce St; removing existing curbing & sidewalks, setting new curb & sidewalks both sides; 30' width of full depth pavement (two 4 foot bike lanes & two 11' travel lanes); relocating utility poles; new signage and pavement markings. TRAN-20-TBD1 Newtown/Fairgrounds/Old South Improvements $5.2M $5.2M Reconstruct Newtown Road w/ sidewalk on NE side & traffic calming speed cushions x2 locations for 25 MPH corridor w/out impact to emergency vehicles; Fairgrounds/Old South Intersect. improvements; Old South (Rotary to Amelia) pedestrian & bike improvements. TRAN-19-TBD2 Milestone Rotary [Funded by State Grant]$.M $.M Reconstruct with changed layout to assit flow. Incl. road widening from Rotary to New South Rd. TRAN-17-001 Sidewalk Improvement Program $1.M $1.M This project would continue implementation of sidewalk improvements listed in the Regional Transportation Plan. This include rebuilding, widening, and other work to improve pedestrian accessibility at various locations TRAN-17-005 Surfside Area Roads Reconstruction (Lovers Lane, Monohanssett and Okorowaw)$6.29M $6.29M This request is for the final portion of a phased approach to design (using FY17 appropriation), bid, and construct a roadway and path along Boulevarde, Lovers Lane, Okorwaw Avenue, and Monohansett Road. This new facility will consist of two 11 foot lanes and a minimal 8 foot wide path with grass buffer to improve access for all users between Surfside Road and Airport Road. TRAN-17-006 Road Improvements/Maintenance $3.57M $1.M Road improvements per MACTEC pavement management report and Pavement Management study recently completed by BETA Group. Includes installation of yellow centerline reflectors for major roadways classified as "collector" to aide safety and potential lane departures by improving visibility - includes Madaket, Old South, and remainder of Polpis Roads. TRAN-19-002 Multi-Use Path Maintenance $.5M $.25M Maintenance and resurfacing necessary along existing 33 mile network of multi-use paths TRAN-19-010 Cobblestone Improvements/Maintenance $.5M $.25M TRAN-19-4 Fairgrounds Area Roadways (Waitt Drive)$1.5M $1.5M Survey & design of roadway, circulation, and on street/municipal parking lot improvements within and around Town's Fairgrounds Road parcels. Improvements to be designed include a preferred alternative for the profile of Amelia Drive & Waitt Drive, and adding additional access to the 2 Fairgrounds Rd parking lot using Old South Road, Amelia Drive, & Waitt Drive Appendix A – Capital Requests by Account & Department (w/Request Descriptions) GENERAL FUND DPW Facilities Administration Fleet Management Transportation Appendix A-1 of 4 Plan-It No.Dept./Request FY20 Rqst.CapCom Rec. Appendix A – Capital Requests by Account & Department (w/Request Descriptions) TRAN-20-010 Wauwinet Road Shared Use Path $.35M $.35M This project is for matching funds for design and permitting of a multi-use path along Wauwinet Road partially funded by grant through Mass DOT & the Federal Land Access Program. TRAN-21-002 Tom Nevers Bike Path $.33M $.33M This project is for design and permitting of a multi-use path along Tom Nevers Road. TRAN-20-016 Decommissioning Fire Cisterns $.1M $.05M Decommissioning of unused fire cisterns by filling the underground spaces with material to prevent road collapse. FIRE-19-4 SCBAs Replacement $.09M $.09M To replace aging air packs with new packs. Increasing Firefighter safety and Lowering cost of service and repairs FIRE-20-010 ALS Equipment $.05M $.05M Purchase of equipment needed to start ALS program FIRE-17-002 Replace Ambulance #1 $.33M $.33M Replacement of a 2008 Ambulance FIRE-17-001 Replace Engine #7 $.45M $.45M Replacement of a 1988 Ford F800 Fire Engine currently stationed in Sconset. The Fire Engine was originally purchased in 1991 after being used as a demo for the Manufacturer ADMIN-17-001 Network Infrastructure $.25M $.25M Replace and/or repair technology infrastructure and related equipment. ADMIN-18-001 Replace Town Computers & Printers $.05M $.05M Technology advancements and computer breakdowns necessitate replacement of equip. using pre-scheduled replacement cycles. ADMIN-17-003 Epermitting [Funded otherwise]$.2M $.M PUBL-19-001 Harbormaster Industry Road Layup Yard & Workshop $.5M $.5M Site preparations for Layup Yard & Workshop; Workshop approx. $400K to be requested FY21 PUBL-20-010 Public Safety Auxiliary Building $3.M $3.M Construct auxiliary storage building on Public Safety lot for storage of police and fire auxiliary equipment and provide a maintenance area. PUBL-20-011 Maintenance Seasonal Housing Building $.95M $.95M Repairs to concrete exterior walls, exterior window and door replacements, septic improvements and roof improvements NPS-20-003 Athletic Complex Master Plan $.25M $.25M Create a master plan for the public schools athletic complex. FY20 request is for design. Out-year requests will be for phasing of the project through completion. NPS-18-006 Backus Lane Playing Fields Phase III $.5M $.5M 3rd and final phase for this project. Request is to finish the Backus Lane fields project with the construction of the varsity baseball field. This request supplements FY18 & FY19 funding. NPS-17-005 NPS Building Improvements $.3M $.3M NPS building & grounds improvements. Includes repairs to Elementary School & High School; funding request is recurring. NPS-20-002 Handheld Radio Replacement $.2M $.2M Replace handheld radios campus wide. Newer equipment sufficiently powerful to reach campus wide. Same radio system as NPD, DPW, Airport, Water Co. Approximately 100 radios. NPS-24-001 NPS Land Acquisition $.5M $.M Revolver Fund to purchase properties that would benefit the NPS as the come to market (vs. being purchased by other) [CapCom Recommendation: No funding for this request; however, advance the concept (but on a Town-wide basis) for review by a focus group convened to identify what mechanisms and methods may be beneficial for the Town to implement (to capture otherwise lost RE purchase opportunities), etc.] NPS-19-010 NPS Central Office Addition $.65M $.65M Addition to Central Office Bldng, to bring administrative support staff under one roof. ADMIN-20-001 Seasonal Employee Housing Feasibility Study $.3M $.3M This is a phased project in the Fairgrounds campus, aka “6 FG”, that includes the Ticcoma Green complex, “Waitt Drive” and municipal employee housing. This phase is for design/space needs study for seasonal town employee housing. ADMIN-20-002 Town Pier Supplemental Funding $5.M $5.M Replace the floating dock (50 yr. service life), rehabilitate the fixed pier dock, and possible installation of floating wave attenuator(s) for additional protection (based on 3D modeling) based on revised specifications. ADMIN-20-003 Traffic Modeling $.15M $.15M This is really a mobility (all modes of transportation) modeling effort for the entire island and how people get around (and how it will change with planned and future housing/commercial development). It builds on the modern modeling tools and sources of data that are now available. The suggestion is from Matt Fee in conjunction with Chuck Larson and Mike Burns Fire Dept. IS/GIS Police/Marine School Town Administration Appendix A-2 of 4 Plan-It No.Dept./Request FY20 Rqst.CapCom Rec. Appendix A – Capital Requests by Account & Department (w/Request Descriptions) ADMIN-20-004 Town Wide Document Management Solution [cont. Pilot]$.1M $.1M ADMIN-20-005 Coastal Resiliency Plan $.55M $.55M Initial funding for critical project addressing island-wide erosion impact begun in FY18. Milone & MacBroom is retained for consulting services and have conducted two public forums. A major workshop on January 8, 2019 brought together over 55 stakeholders to map-out next steps. State grant secured to help with public outreach needed to develop the Plan. TON has been awarded up to $200,000 in the State’s recently issued economic bond bill, earmarked for this. There is likely a local match but provisions of the bill are not yet disseminated. ADMIN-20-006 Baxter Road Relocation $.5M $.5M Estimates for a scope and rough budget for the Baxter Rd erosion utility relocation plan to relocate the existing roadway and public utilities to a more secure alignment to protect from imminent threat of coastal bluff erosion provided by Weston & Sampson. This is a rough ‘ballpark’ costs for planning/preliminary design and final design of the roadway relocation(s) and associated evaluation (with new water and sewer lines). ADMIN-20-007 Meeting Room Trailer $.45M $.45M Loss of 4FG Training Room has made it apparent that TON needs more permanent, functional meeting space that can accommodate up to 30 people with dedicated NCTV equipment and that meets all ADA requirements. Based on a site visit of the Central Fire Station at 131 Pleasant Street with SMRT Architects it is recommended that a modular trailer be located at this location adjacent to the administration portion of the building due to the high cost of renovating that facility and restrictions of the site (force main, parking configuration, condition of the station). ADMIN-20-008 Central Fire Station Reuse $.25M $.25M Town Administration reviewed multiple options for reuse of fire station at 131 Pleasant Street (from selling to tearing down & building a senior center to housing, etc.) and presented a recommendation to the Select Board. Based on a quick review by SMRT, costs to renovate the structure for meeting space or another use triggers code that is cost-prohibitive; however moving another department to the facility is efficient and cost-effective. ADMIN-20-009 Strategic Planning [Transferred to Operating]$.15M $.M ADMIN-20-010 Senior Center Relocation Study $.15M $.15M Feasibility study & prelim site design for relocation of existing Senior Center to a new location. GENERAL FUND SUBTOTAL:$43.43M $36.39M Note: With minor exception, descriptions above are as submitted by respective department head; as applicable, CapCom comments &/or recommendations [in bold text within brackets] Appendix A-3 of 4 Plan-It No.Dept./Request FY20 Rqst.CapCom Rec. Appendix A – Capital Requests by Account & Department (w/Request Descriptions) AIR-20-TBD1 Remove Pipeline Piles at GHYC $.12M $.12M Removal of pipeline support piles at Great Harbor Yacht Club AIR-20-TBD2 Sanitary Sewer Upgrade $.1M $.1M Upgrade of Nantucket Memorial Airport Sewer Connection AIR-20-TBD3 Maintenance Vehicle Replacement $.06M $.06M Replacement of 14 year old F550 Dump Truck AIR-20-TBD4 Paint and Beads & Rubber & Markings Removal $.32M $.32M Paint, and Beads and Rubber and Markings Removal in accordance with FAA 139 AIR-20-TBD5 Ecological Restoration Equipment $.12M $.12M Purchase of a new skid steer loader with brush cutting accessories for implementation of habitat restoration paradigms AIR-19-010-2 Taxiway Echo $14.1M $19.1M Resurfacing of Taxiway Echo (Runway 6 end to Runway 24 end) & Taxiways A, B, C, D, and F at their connections Echo. Increase pavement thickness to 9" and base thickness to 6". Changes in fleet require higher-strength surfacing. Original FY20 was for $14.1M, increased to include FY21 required ask in relation to AIP Grant Funding requirements. AIR-20-TBD6 Security Project $2.09M $2.09M Replace Access Control System, replace/add/integrate CCTV Systems; integrate badging, credentials, ID systems. OIH-20-001 Replace Flooring $.25M $.25M Replace existing floor covering which has outlasted its time. This would include all resident rooms, hallways and common areas other than the Dining room and Kitchen areas. SEWER-18-003 Current Force Main Assessment and Inspections $2.M $2.M SEWER-18-004 CMOM Program $2.M $2.M Required by an Order for Compliance on Consent (USEPA) to complete a Capacity, Maintenance, Operation and (CMOM) Program for the Town and Siasconset Sewer Districts. SEWER-19-002 Perimeter Fencing $1.M $.55M Fencing to secure the sewer building and beds (7,000 feet of fencing, currently in poor condition) SEWER-19-008 Surfside WWTF Phase 2 Upgrades $6.5M $6.5M Upgrades to treatment plant; upgrades were not funded initially to meet original appropriation SEWER-19-020 National Grid L8 Project Area Sewer Replacement $6.5M $6.5M Fund sewer infrastructure replacement along National Grid L8 area (Candle St. out onto Milestone Rd.) if underground electrical system work is to be completed by NG along the route. SEWER-19-021 Jetties Beach - Bathing Beach Road Sewer/Stormwater $.29M $.29M Replace problematic sewer & stormwater pressure main from the Jetties concession area SEWER-20-003 Replace 2006 yard loader for sewer bed maintenance $.15M $.15M SEWER-20-004 Replace 2010 1-ton dump truck including plow & sander $.11M $.M SEWER-20-005 Replace 2010 Sewer Rodding Truck (w/rodding)$.21M $.21M SEWER-20-006 Sconset Design and Construction New Collections $.35M $.35M Expand/replace/upgrade Sconset collections SEWER-20-022 New Sewer Force Main Design & Planning $2.5M $2.5M Proposed new force main from Sea St. Pump Station to Surfside WWTF SEWER-21-003 Pump Station Upgrades - Aurora Way $.3M $.3M Upgrade pump station acquired by TON that does not meet required standards/specifications SEWER-20-023 New Excavation Equipment $.17M $.17M Equipment to allow for emergency repairs & construction; unable to rely on outside contractors SWEF-20-001 Capping Cells 1 A, B, C $14.M $14.M Capping and closing of Cells, 1 A, B and C SWEF-19-002 Facility Access Road & Parking Lot Maintenance $.5M $.43M Paving replacement and maintenance SWEF-19-003 Repair Electrical Systems MRF $.05M $.05M Update and Repairs to the Electrical Systems on the MRF SWEF-19-004 Floor Drain & Collection Tank MRF $.1M $.1M Solid Waste Facility MRF Floor Drainage System SWEF-19-005 Overhead Doors MRF $.05M $.05M Solid Waste Facility MRF Overhead Doors SWEF-19-006 Fire Alarm System MRF $.06M $.06M Solid Waste Facility MRF Sprinkler/Fire Alarm System Repairs SWEF-17-003 Unlined Landfill Mining $.8M $.M Continue prior-year mining process WWCO-20-001 New Source Investigation $1.5M $1.5M Identify & develop new water supply source SIAS-20-001 Water Main Replacement $1.94M $1.94M Upgrades/replacements required for Sconset water distribution system ENTERPRISE ACCOUNTS SUBTOTAL:$58.23M $61.8M GENERAL FUND & ENTERPRISE ACCOUNTS TOTALS:$101.65M $98.19M Note: With minor exception, descriptions above are as submitted by respective department head; as applicable, CapCom comments &/or recommendations [in bold text within brackets] ENTERPRISE FUND ACCOUNTS Airport Sconset Water Company (SWCO) Wannacomet Water Company (WWCO) Solid Waste Sewer Our Island Home Appendix A-4 of 4 Dept.Plan-It No.Request CapCom Rec. DPW-TRANS TRAN-17-001 Sidewalk Improvement Program $1.M DPW-TRANS TRAN-19-2 Parking Improvements - 2FG & Town Pier $1.M DPW-TRANS TRAN-19-4 Fairgrounds Area Roadways (Waitt Drive)$1.5M DPW-TRANS TRAN-20-010 Wauwinet Road Shared Use Path $.35M DPW-TRANS TRAN-21-002 Tom Nevers Bike Path $.33M POLICE/MARINE PUBL-19-001 Harbormaster Industry Road Layup Yard & Workshop $.5M POLICE/MARINE PUBL-20-011 Maintenance Seasonal Housing Building $.95M TOWN ADMIN ADMIN-20-010 Senior Center Relocation Study $.15M TOWN ADMIN ADMIN-20-006 Baxter Road Relocation $.5M Total Borrowing:$6.28M DPW-Fleet DPW-18-01 Loader $.25M DPW-Fleet DPW-18-04 DPW Directors Vehicles $.05M DPW-Fleet DPW-19-01 Trash Compactor Truck $.14M DPW-Fleet DPW-19-05 Vehicle Lifts $.05M FIRE FIRE-17-001 Replace Engine #7 $.45M FIRE FIRE-19-4 SCBAs Replacement $.09M Total Capital Exclusion:$1.03M DPW-TRANS TRAN-17-005 Surfside Area Roads Reconstruction (Lovers Lane, Monohanssett and Okorowaw)$6.29M DPW-TRANS TRAN-19-3 Orange St. Bike Path $2.51M DPW-TRANS TRAN-20-TBD1 Newtown/Fairgrounds/Old South Improvements $5.2M POLICE/MARINE PUBL-20-010 Public Safety Auxiliary Building $3.M TOWN ADMIN ADMIN-20-002 Town Pier Supplemental Funding $5.M Total Debt Exclusion:$22.M DPW-ADMIN DPW-18-12 GIS Data Integration $.15M DPW-FACS FAC-19-004 Public Bathrooms Upgrades $.25M DPW-FACS FAC-19-005 Annual Facility Roof Repairs $.15M DPW-FACS FAC-19-006 Annual Facility ADA Accessibility Upgrades $.05M DPW-FACS FAC-19-007 Annual Facility Utility Updates $.15M DPW-FACS FAC-19-008 Annual Facility Site Paving Updates $.25M DPW-FACS FAC-19-009 Annual Facility Equipment Replacements $.1M DPW-FACS FAC-19-010 Annual Facility Lighting Updates $.05M DPW-TRANS TRAN-17-006 Road Improvements/Maintenance $1.M DPW-TRANS TRAN-19-002 Multi-Use Path Maintenance $.25M DPW-TRANS TRAN-19-010 Cobblestone Improvements/Maintenance $.25M DPW-TRANS TRAN-20-016 Decommissioning Fire Cisterns $.05M IS/GIS ADMIN-17-001 Network Infrastructure $.25M IS/GIS ADMIN-18-001 Replace Town Computers & Printers $.05M SCHOOL NPS-18-006 Backus Lane Playing Fields Phase III $.26M TOWN ADMIN ADMIN-20-001 Seasonal Employee Housing Feasibility Study $.3M TOWN ADMIN ADMIN-20-003 Traffic Modeling $.15M TOWN ADMIN ADMIN-20-004 Town Wide Document Management Solution [cont. Pilot]$.1M TOWN ADMIN ADMIN-20-005 Coastal Resiliency Plan $.55M Borrowing Appendix B – Capital Requests by Fund-type & Funding Source Capital Exclusion Debt Exclusion Free Cash GENERAL FUND 2 1 3 4 Appendix B-1 of 3 Dept.Plan-It No.Request CapCom Rec. Appendix B – Capital Requests by Fund-type & Funding Source TOWN ADMIN ADMIN-20-007 Meeting Room Trailer $.45M TOWN ADMIN ADMIN-20-008 Central Fire Station Reuse $.25M Total Free Cash:$5.06M SCHOOL NPS-17-005 NPS Building Improvements $.3M SCHOOL NPS-18-006 Backus Lane Playing Fields Phase III $.24M SCHOOL NPS-20-002 Handheld Radio Replacement $.2M SCHOOL NPS-20-003 Athletic Complex Master Plan $.25M Total Required Capital Investment:$.99M FIRE FIRE-17-002 Replace Ambulance #1 $.33M FIRE FIRE-20-010 ALS Equipment $.05M SCHOOL NPS-19-010 NPS Central Office Addition $.65M Total Other Funding Sources: $1.03M GENERAL FUND SUBTOTAL:$36.39M Notes: 1 = Town Admin anticipates these may be funded w/in 2-1/2 Levy Limit 2 = Town commitment required towards (up to $1M) Fisheries & Wildlife Grant 3 = Portion of this project ($.24M) funded using Required Capital Investment 4 = Pending resolution of 'old' Fire Station use as affordable housing or office space (or both, as phased project) 5 = Annual Requirement: 1% of prior year's total Town local receipts plus 1% of prior year's total collected real estate and personal property taxes 6 = Portion of this project ($.26M) funded using Free Cash 7 = Ambulance Reserve Fund 8 = Prior article funding: NIS School Borrowing Required Capital Investment Other Funding Sources 4 4 5 6 7 7 8 Appendix B-2 of 3 Dept.Plan-It No.Request CapCom Rec. Appendix B – Capital Requests by Fund-type & Funding Source SOLID WASTE SWEF-19-002 Facility Access Road & Parking Lot Maintenance $.43M SOLID WASTE SWEF-19-003 Repair Electrical Systems MRF $.05M SOLID WASTE SWEF-19-004 Floor Drain & Collection Tank MRF $.1M SOLID WASTE SWEF-19-005 Overhead Doors MRF $.05M SOLID WASTE SWEF-19-006 Fire Alarm System MRF $.06M Total Article Reappropriation:$.69M AIRPORT AIR-20-TBD1 Remove Pipeline Piles at GHYC $.12M AIRPORT AIR-20-TBD2 Sanitary Sewer Upgrade $.1M AIRPORT AIR-20-TBD3 Maintenance Vehicle Replacement $.06M AIRPORT AIR-20-TBD4 Paint and Beads & Rubber & Markings Removal $.32M AIRPORT AIR-20-TBD5 Ecological Restoration Equipment $.12M AIRPORT AIR-19-010-2 Taxiway Echo $19.1M AIRPORT AIR-20-TBD6 Security Project $2.09M SEWER SEWER-18-003 Current Force Main Assessment and Inspections $2.M SEWER SEWER-18-004 CMOM Program $2.M SEWER SEWER-19-002 Perimeter Fencing $.55M SEWER SEWER-19-008 Surfside WWTF Phase 2 Upgrades $6.5M SEWER SEWER-20-022 New Sewer Force Main Design & Planning $2.5M WWCO WWCO-20-001 New Source Investigation $1.5M SWCO SIAS-20-001 Water Main Replacement $1.94M SEWER SEWER-19-020 National Grid L8 Project Area Sewer Replacement $6.5M Total Borrowing:$45.41M OIH OIH-20-001 Replace Flooring $.25M Total Capital Exclusion:$.25M SOLID WASTE SWEF-20-001 Capping Cells 1 A, B, C $14.M Total Debt Exclusion:$14.M SEWER SEWER-19-021 Jetties Beach - Bathing Beach Road Sewer/Stormwater $.29M SEWER SEWER-20-003 Replace 2006 yard loader for sewer bed maintenance $.15M SEWER SEWER-20-005 Replace 2010 Sewer Rodding Truck (w/rodding)$.21M SEWER SEWER-20-006 Sconset Design and Construction New Collections $.35M SEWER SEWER-20-023 New Excavation Equipment $.17M SEWER SEWER-21-003 Pump Station Upgrades - Aurora Way $.3M Total Retained Earnings: $1.45M ENTERPRISE ACCOUNTS SUBTOTAL:$61.8M Notes: 1 = Town Admin anticipates these may be funded w/in rate structure and/or under 2-1/2 Levy Limit 2 = Airport Improvement Program (AIP) Grant funding sought to pay up to 90% cost; MASSPORT funding may be available to cover up to 5% 3 = Project on the MA DEP Intended Use Plan for reduced rate borrowing thru State Revolving Fund (SRF) 4 = Funding included in Capital Exclusion Tax Rate calculations ENTERPRISE ACCOUNTS Capital Exclusion Retained Earnings Borrowing Article Reappropriation Debt Exclusion 1 2 3 3 4 2 Appendix B-3 of 3 C-1 of 2 Appendix C – Typical MA Municipal Capital Funding Sources Local 1) Borrowing: a) General Obligation Bonds (aka, "GO Bonds"). These are issued for a period of time ranging from 5 to 30 years, during which time principal and interest payments are made. Making payments over time has the advantage of allowing the capital expenditures to be amortized over the life of the project. Funding sources used to pay back the debt can include: i) Bonds funded within the tax limits of Proposition 2 ½: Debt service for these bonds must be paid within the tax levy limitations of proposition 2 ½. Funds used for this debt must be carefully planned in order to not impact the annual operating budget. ii) Bonds funded outside the tax limits of Proposition 2 ½ -- Debt Exclusion Bonds1: Debt service for these bonds is paid by increasing local property taxes in an amount needed to pay the annual debt service. Known as a Debt Exclusion, this type of funding requires approval by 2/3 vote of the local appropriating authority (e.g., city council or town meeting) and approval of majority of voters participating in a ballot vote. Prior to the vote, the impact on the tax rate must be determined so voters can understand the financial implications. iii) Bonds funded with Enterprise Funds: Debt service for these bonds is typically paid by user fees, such as water and sewer revenue. Depending upon the type of project, interest costs may be subsidized by the Commonwealth and at times partial grant funds may be available (see below). Enterprise funds do not affect the general operating budget unless general funds are needed to subsidize revenues from the enterprise. Prior to the issuance of debt, the projects must be analyzed for their impact on rates. b) Capital Exclusion: Capital Exclusion projects are similar to Direct Appropriation (Pay-as-You-Go, below) except taxes are raised outside the limits of Proposition 2 ½ and are added to the tax levy only during the year in which the project is being funded. As with a Debt Exclusion, Capital Exclusion funding requires approval by 2/3 vote of the local appropriating authority (e.g., city council or town meeting) and approval of a majority of voters participating in a ballot vote. Prior to the vote, the impact on the tax rate must be determined so voters can understand the financial implications. Capital Exclusions may be authorized for any municipal purpose for which the city or town would be authorized to borrow money. 1 = Debt Exclusion is different from a property tax override in that an exclusion is temporary, it is only in place until the incurred debt is paid. An override becomes a permanent part of the levy limit base. 2) Other: a) Bond Proceeds: Municipalities sell bonds at a premium over par, which premium funds bond issuance and service; any excess is reserved for specific uses based on the type of account (General Fund, Enterprise Fund, or School) with that excess available to fund like capital projects. b) Free Cash: Free Cash is the difference between annual revenues and expenditures and is certified by the Commonwealth each year. After certification, free cash is available for appropriation for any municipal purpose, including capital projects. c) Direct Appropriation/ Pay-as-You-Go: Direct Appropriation capital projects are funded with current revenues, and the entire cost is paid off within one year so no borrowing takes place. Projects funded with current revenues are customarily lower in cost than those funded by general obligation bonds because there are no interest costs. However, funds to be used for this purpose must be carefully planned in order to not impact the annual operating budget. For this reason, Pay-as-You-Go capital projects are typically lower in value than projects funded by borrowing. d) Sale of Surplus Real Property: Pursuant to Massachusetts General Laws, when real estate is sold, the proceeds must first be used to pay any debt incurred in the purchase of the property. If no debt is outstanding, the funds "may be used for any purpose or purposes for which the city, town or district is authorized to incur debt for a period of five years or more...except that the proceeds of a sale in excess C-2 of 2 of five hundred dollars of any park land by a city, town, or district shall be used only by said city, town, or district for acquisition of land for park purposes or for capital improvements to park land" (MGL Chapter 44, Sec. 63). e) Stabilization Fund: i) Capital Stabilization Fund: Local officials can set aside money in a stabilization fund -outside of the general fund- to pay for all or a portion of future capital projects. A 2/3 vote of city council or town meeting is required to appropriate money into and out of this fund. ii) Enterprise Retained Earnings (as a form of Stabilization Fund): Enterprise operations, such as water and sewer, are able to maintain an operating surplus that can be utilized for future enterprise fund costs. These funds can be used to stabilize the user rates, apply to annual budget needs, and/or invest in capital replacement and expansion. f) Special Purpose Funds: Communities also have established numerous "Special Purpose Funds" for which the use is restricted to a specific purpose, some of which may be investment in department facilities and equipment. Numerous state statutes that govern the establishment and use of these separate accounts. Examples include the sale of cemetery lots and off-street parking fees accounts. Federal, State, and Private Grants and Loans 1) Office of Aviation Airport Improvement Program (AIP): Funding is available to airports that are part of the National Plan of Integrated Airport Systems by the FAA. The AIP provides funds for projects to improve infrastructure, including runways, taxiways, aprons, noise control, land purchases, navigational aids, safety and security. 2) Massachusetts Chapter 90 Roadway Funds: Each year, the Massachusetts Department of Transportation (MassDOT) allocates funds to cities and towns for roadway construction, maintenance, or improvement. Funds may also be used for other work incidental to roadway work, such as the construction of a garage to house related vehicles, or the purchase of related vehicles, equipment, and tools. Chapter 90 is a 100% reimbursable program. Funding is accomplished through the issuance of transportation bonds and apportioned to municipalities based on three factors: 1) accepted road miles, 2) population, and 3} total employment within the municipal borders. The number of accepted road miles is the most heavily weighted factor at 58.33%; the others are each weighted at 20.83%. 3) Massachusetts Department of Environmental Protection's State Revolving Funds (SRF): The Clean Water State Revolving Fund (CWSRF} provides financing for sewer and drainage projects intended to reduce sewer overflows and the Drinking Water State Revolving Fund (DWSRF) provides financing to improve the quality of the drinking water system. The CWSRF and DWSRF programs typically offer a mix of low interest (2%) loans and grant funds. Repayment does not begin until two years after the monies have been borrowed. 4) Massachusetts School Building Authority (MSBA): The MSBA provides funding for school feasibility, design, and construction. Projects must be accepted into the process in response to the submission of a Statement of Interest which identifies a facility problem to be solved. Subsequently, the community must appropriate funding for schematic design and later for construction before the MSBA will commit to its share of the project. If accepted, the MSBA determines the amount of reimbursement it will offer based upon community need, with a minimum base rate of 31%. The percent of reimbursement can then be increased based upon three factors: community income factor, community property wealth factor, and community poverty factor. 5) Mass DOT Complete Streets. Funding program that allows up to $400,000 in construction funds. 6) MA Community Compact Grants (fit in where/how?)… eg. funds upwards of $68,000 for a particular MA town’s IT equipment. 7) MA Other. Many Commonwealth departments also offer annual grant opportunities that are available to municipalities typically through a competitive application process. State grant programs that may be used for capital expenses include, but are not limited to the Green Community grants (project to improve sustainability) and Parkland Acquisitions and Renovations for Communities (PARC) grants. Fiscal Yr Rate 1971 $73.00 1972 $73.00 1973 $38.00 1974 $82.00 1975 $86.00 1976 $90.00 1977 $115.00 1978 $129.00 1979 $134.00 1980 $128.00 Residential $$ Value of Residential Open Spac Com/Ind/PP Exemption Exemption CPA 1981 $8.60 $6.87 $12.94 $10,000 $86 1982 $8.88 $6.85 $13.03 $10,000 $89 1983 $6.34 $6.20 $9.45 $11,967 $76 1984 $6.90 $6.76 $10.98 $12,000 $83 1985 $7.17 $7.02 $11.34 $12,004 $86 1986 $4.03 $3.96 $6.37 $20,363 $82 1987 $4.67 $4.61 $7.44 $17,485 $82 1988 $5.54 $5.47 $8.88 $17,383 $96 1989 $4.03 $3.91 $7.66 $63,666 $257 1990 $4.30 $4.17 $8.16 $63,972 $275 1991 $4.52 $4.44 $8.68 $61,771 $279 1992 $5.41 $5.31 $10.35 $51,608 $279 1993 $6.26 $6.12 $11.89 $44,585 $279 1994 $6.34 $6.20 $12.40 $44,889 $285 1995 $6.56 $6.40 $12.42 $45,235 $297 1996 $6.58 $6.42 $12.47 $46,052 $303 1997 $6.74 $6.53 $12.58 $59,456 $401 1998 $5.25 $5.08 $9.71 $80,598 $423 1999 $5.83 $5.62 $10.71 $87,689 $511 2000 $5.77 $5.55 $10.57 $89,600 $517 2001 $3.94 $3.79 $7.14 $151,337 $596 2002 $4.21 $4.05 $7.62 $153,165 $645 $19 2003 $3.42 $3.29 $6.11 $210,261 $719 $22 2004 $3.13 $3.00 $4.73 $245,258 $768 $23 2005 $3.30 $3.16 $4.99 $248,178 $819 $25 2006 $2.84 $2.73 $5.06 $316,472 $899 $27 2007 $2.49 $2.39 $4.46 $376,097 $936 $28 2008 $2.67 $2.56 $4.77 $374,402 $1,000 $30 2009 $2.76 $2.65 $4.92 $375,319 $1,036 $31 2010 $3.01 $2.88 $5.35 $360,135 $1,084 $33 2011 $3.58 $3.42 $6.41 $304,992 $1,092 $33 2012 $3.62 $3.46 $6.47 $297,869 $1,078 $32 2013 $3.67 $3.51 $6.51 $303,664 $1,114 $33 2014 $3.76 $3.60 $6.68 $299,187 $1,125 $34 2015 $3.61 $3.45 $6.38 $336,917 $1,216 $36 2016 $3.36 $3.22 $5.93 $362,525 $1,218 $37 2017 $3.39 $3.24 $5.99 $373,635 $1,267 $38 2018 $3.53 $3.34 $5.97 $486,050 $1,716 $51 2019 $3.36 $3.20 $5.71 $518,251 $1,741 $52 Appendix D – Town of Nantucket Tax Rate History Fiscal Yr Rates Note: In FY 1981 Nantucket was one of the first communities to classify property according to use, conduct a full revaluation of all properties and adopt a split tax rate and residential exemption.