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Section l - Budget MessageTown and County of Nantucket 16 Broad Street Nantucket, MA 02554 FY2019 BUDGET PROJECTION • BUDGET MESSAGE • REVENUE • CAPITAL REPORT TownAdministrationTown AdministrationFiscal Year 2019General Fund Budget RecommendationsRecommendationsDecember 13, 2017Board of Selectmen’s Meeting FY 2019 General Fund BudgetOverview•RevenueOverview•Revenue–Total Projected Revenues: $94,830,397•Net of property abatements•Expenses–Total Projected Expenses: $94,581,813212/11/2017 FY 2019 General Fund BudgetSummaryComparisonSummary ComparisonREVENUES FY2018 FY2019 $ Change % ChangePropertyTax78 166 68879 820 6061 653 91821%Property Tax78,166,688       79,820,606       1,653,918               2.1%                    Local Receipts (All other) 2,742,720            2,535,680            (207,040)                   (7.5%)                     Motor Vehicle Excise 2,400,000            2,450,000            50,000                       2.1%                      Rooms and Meals Tax 3,954,000            3,850,000            (104,000)                   (2.6%)                     Licenses and Permits 1,500,000          1,479,100          (20,900)                   (1.4%)                   State Aid (1) 3,271,156            3,320,527            49,371                       1.5%                      Free Cash 1,110,500            1,125,900            15,400                       1.4%                      Other Available Funds 65,000                   ‐                        (65,000)                     (100.0%)                TOTAL REVENUES 93,210,064         94,581,813         1,371,749                 1.5%EXPENDITURESMunicipal Departments 26,445,282         27,099,244         653,962                     2.5%                      SchoolDepartment28 016 64229 269 6421 253 00045%School Department28,016,642       29,269,642       1,253,000               4.5%                    Non‐Departmental 27,841,404         26,125,777         (1,715,627)               (6.2%)                     Special Appropriations 10,906,736         12,087,150         1,180,414                 10.8%                    TOTAL EXPENDITURES 93,210,064         94,581,813         1,371,749                 1.5%312/11/2017(1) FY 2019 state aid represents level funding from FY 2018 approved figure.•See Appendix A for detailed breakdown. FY 2019 General Fund BudgetProjectedRevenueProjected RevenueRooms and Meals4%Licenses and StateAidLocal Receipts ‐All Other2%Motor Vehicle3%4%Permits2%State Aid3%Tax Revenue86%412/11/2017 FY 2019 General FundProjectedExpensesProjected ExpensesSpecial AitiMunicipal Departments28 7%Appropriations12.8%28.7%Non‐Departmental27.6%School Department30.9%512/11/2017 FY 2019 General Fund BudgetExpenseCategoriesCategory FY 2019 Current ProjectionNotesExpense CategoriesTown Operational Expenses$7,653,144 0.1% decreaseTown Operational EIR’s (1)$571,900 Included in Town expensesTown Salaries$19,446,100 Contracts in negotiations; c/b allowanceTown Personnel EIR’s$541,000 Included in Town salarieshll$School Operational Expenses$5,407,0874.4% increaseSchool Operational EIR’s$228,000 Included in School expensesSchool Salaries$23,412,555 Contracts in negotiations; c/b allowanceSchool Personnel EIR’s$455,000 Included in School salaries612/11/2017(1) EIR = Expense Increase Request, excludes AHTF. FY 2019 General Fund BudgetFixedCostsCategory FY 2019 Current Projection% Change over FY 2018 BudgetFixedCostsHealth InsuranceActive$9,162,145 3.3% decreaseRetiree$3,054,048 3.3% decreaseGeneral Insurance$2,275,830 7.4% decreaseDebt Service$7,016,501 per established scheduleRetirement$4,617,253 8.5% increaseEnterprise Fund Subsidies$8,250,949 1.8% increase712/11/2017•See Appendix A for detailed breakdown. FY 2019 General Fund – Special AppropriationsCategory FY 2019 Current Projection% Change over FY 2018 BudgetHealth & Human Services$450,000 12.5% increaseCounty Assessment$170,201 No changeReserve Fund$500,000 No changeUnpaidBills$20 000NochangeUnpaid Bills$20,000No changeOther Post Employment Benefits (OPEB)$500,000 No changeOverlay&OtherDeficits$0$0Overlay & OtherDeficits$0$0Cherry Sheet Charges$498,000 2.5% increaseCommunity School$450,000 3.2% decrease Affordable Housing Trust Fund$800,000 60% increaseMin Cap Funding Req.$898,000 n/a ‐1% of prior year revenueTOTAL EXPENSES$94,581,8131.6% increase812/11/2017 FY 2019 Town Expense Increase Requests(i l d diddbdldihl&AHTF)(included in recommendedbudget, excluding school & AHTF)•$ 3,729,089  Submitted Requests•$ 1,256,900 RecommendedOti$273 900–One‐time$ 273,900–Ongoing $ 983,000•TobefundedthroughavailabletaxlevybudgetadjustmentsTo be funded through available tax levy, budget adjustments, alternate funding sources, free cash, potential revenue increases912/11/2017 FY 2019 Recommended Town ExpenseIncreaseRequestsExpense Increase Requests(1)Department Description of Expense RequestOne-Time or OngoingApprovedEIRsPersonnel Expense Increase Requests (EIRs)DPW Capital Project Manager / DPW Facilities Director Ongoing 150,000$ DPWAdd'l MechanicOngoing89 000DPWAddl MechanicOngoing89,000 HR Benefits Coordinator Ongoing 90,000 PLUS Building Inspector (PT) Ongoing 72,000 PLUS Senior Planner / Code Enforcement Ongoing 114,000 Town Admin Open Meeting Law (OML) Compliance Position Ongoing 95,000 Various Increase in Overtime, Shift Coverage and Reclassifications Ongoing 75,000 Total Personnel Expense Increase Requests685,000$ Operating Expense Increase Requests (EIRs)Town Admin Board of Selectmen strategic plan implementation One-time 50,000 Town Admin (Facilities) Mobile bathroom trailer for Surfside or Cisco Beach One-time 50,000 Health (Central Fleet) Replacement of inspection vehicle One-time 35,000 Nat Resources (Central Fleet) Replacement of department vehicle One-time 35,000 Fire Siasconset fire station building study One-time 30,000 Fire Purchase of mechanical CPR devices One-time 16,000 Town Clerk Increase for election-related expenses One-time 15,000 IS GIS MUNIS self-service project One-time 11,400 Town ClerkVoter check-in tabletsOne-time6,500Town ClerkVoter check in tabletsOne time6,500 DPW / Facilities Increase in overall Facilities and Public Works budget Ongoing 225,000 Town Admin Municipal employee housing rent Ongoing 34,000 Town Admin NCTV annual meeting recording increase Ongoing 27,000 Natural Resources Pond management program Ongoing 25,000 IS GIS Support services for virtualization project Ongoing 12,000 Total Operating Expense Increase Requests571,900$ 1012/11/2017(1) Includes health insurance benefits.pgp q,Total Town Personnel & Operational Expense Increase Requests 1,256,900$ FY 2019 Town Expense Increase RequestsdiilFunding Source DetailFunding Source AmountTax Levy & Other General Revenues $839,000FCh$192 900Free Cash$192,900Other Funds $81,000Ambulance Reserve $16,000Beach Improvement Revolver $65,000Departmental Budget Reallocations $144,000Total‐AllFundingSources$1 256 900Total All Funding Sources$1,256,9001112/11/2017 Preliminary Free Cash Recommendation(SubjecttoChange)(Subject to Change)General Fund Certified Free Cash$6,215,883Fund Town Expense Increase Requests (one‐time) $192,900Fund School Expense Increase Requests (one‐time) $133,000Fund Town & School Capital Projects $4,605,416dff d bld$Fund Affordable Housing Trust Fund$800,000Unallocated Free Cash $484,56712/11/201712 Our Island Home–Current structure does not allow for full funding of Town and School priorities–Options could free up additional funds in the General FundOur Island Home FY 2019 Budget Funding AlternativesOption #1Decrease Subsidy / Option #2Cover Deficit Option #3Status QuoIncrease Use of Retained EarningsSolely with Retained EarningsCover Deficit with Tax OverrideRevenue $4,284,095Expenses (8,199,762)         Operational Deficit (3,915,667)       (3,915,667)               (3,915,667)               (3,915,667)               Transfer from Retained Earnings 2,404,221           3,159,944                  3,915,667                   ‐                               General Fund Subsidy 1,511,446           755,723                       ‐                                ‐                               Tax Override‐                         ‐                                ‐                               3,915,667                  Operational Deficit After Transfers‐                         ‐                                ‐                               (3,915,667)                 Certified Retained Earnings as of July 1, 2017 5,321,795           Less: Transfer from Retained Earnings (2,404,221)         (3,159,944)                 (3,915,667)                  ‐                               Projected Retained Earnings 2,917,574           2,161,851                  1,406,128                  5,321,795                  1312/11/2017–Recommendation: Option #1 Potential Additional Town & SchoolExpense Increase Requests with Add’l FundingOne-Time Department Description of Expense Request or Ongoing FundingPersonnel Expense Increase Requests (EIRs)Town Admin Real Estate Specialist Ongoing TBDDPW Add'l Mechanic Ongoing TBDDPW Add'l Sr Equipment Operators (1 of 2 requested)OngoingTBDqp p ( q )ggDPW Add'l Laborer Ongoing TBDPolice Parking Enforcement Officer Ongoing TBDPolice Dispatch PT to FT position Ongoing TBDTotal Personnel Expense Increase Requests-$ Operating Expense Increase Requests (EIRs)DPW / Facilities Allocation to address various requests Ongoing TBDDPW / Mosquito Control Increase in service area for mosquito control program Ongoing TBDTtlO ti E I R t$Total Operating Expense Increase Requests-$ Total Town Personnel & Operational Expense Increase Requests -$ School Personnel & Operational Expense Increase Requests TBD1412/11/2017 Administration & Board of Selectmen Goals and PrioritiesforFY2019Priorities for FY 2019•Balanced budget –within projected revenue•Capital and operational investment in infrastructure/facilities•Project management•Staffingforincreasedserviceandseasonaldemands;andtomeetprioritiesStaffing for increased service and seasonal demands; and to meet priorities•Water quality •Continued health insurance cost mitigation effortsSil•Strategic Plan•Housing (community and employee)•Public information and transparency goals including use of technology•Focus on Human Resources regulatory compliance and management1512/11/2017 Initiatives/Needs/Goals Addressed                          withBudgetRecommendations•Facilities, infrastructure & equipment maintenancewith Budget Recommendations-Additional funding proposed in Public Works and Facilities•Staffing/professional Services to address high activity and/or mandates-PLUS, Town Admin, HR, DPW-Project management oversight-Adequate benefit and HR regulatory compliance oversight•Water quality-Natural Resources and Nantucket Pond Coalition projects•Code enforcement-Dedicated staffing resources (PLUS)•Plan updates and implementation-Hazard Mitigation, Coastal Resiliency, Open Space & Recreation (PLUS, Natural Resources)•Community public health (HHS)1612/11/2017 Efforts to Reduce Expenses and                             ffi i•PersonnelIncrease Efficiency, Transparency-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)Ridfiill/ddli i•Review and refine internal controls/processes, procedures and policies•Seek 2ndCompact Community grant•Seek grant for Recycling Coordinator position for Solid Waste Enterprise Fund1712/11/2017 Outstanding Items and Current Unknowns•StrategicPlan•Strategic Plan•Potential Future Tax Overrides–Our Island Home–NRTA•Collective Bargaining•State Aid impact•Chapter 90•Harbor Place Project•FederalTaxReformandOtherLegislativeChanges•Federal Tax Reform and Other Legislative Changes•Citizen Warrant Articles Potential Cost Impact1812/11/2017 Next Steps•December 19: Town Administration FY 2019 Budget presentation to School CommitteeCommittee•January 3: Board of Selectmen public hearing; endorsement of recommended FY 2019 General Fund Budget•January8:ReviewofRecommendedBudgetwithFinanceCommitteeJanuary 8: Review of Recommended Budget with Finance Committee•January 17: Review of Enterprise Fund Budgets and County with Board of Selectmen/County Commissioners •Mid‐January –mid‐March: Finance Committee review of General Fund & yEnterprise Fund budgets; other financial appropriations•Tuesday, April 3: Annual Town Meeting (2018)1912/11/2017 General Fund Revenue BreakdownFY2014FY2019FY 2014‐FY 2019$64 0m$66.8m$69.3m$74.1m$78.2m$80.3mReal Estate & Personal Property TaxLocal ReceiptsState AidFree Cash$64.0m$13 7m$$11.9m$11.4m$13.7m$12.9m$10.6m$10.3m$1.7m$2.3m$3.2m$3.3m$3.3m$0.3m$5.2m$5.4m$6.6m$6.2m$0.0mFY2014 FY2015 FY2016 FY2017 FY2018 (Budget) FY2019 (Budget)2012/11/2017 Town Expense BreakdownFY2016FY2019FY 2016‐FY 2019$7 7m$7.7m$6.7m$8.5m$7.0mDebt ServiceOperationsRetirementMedical &General InsuranceSalaries$14 0$3.6m$3.9m$4.3m$4.6m$5.6m$6.0m$7.7m$6.7m$$11.5m$12.0m$14.6m$14.0m$15.9m$16.5m$18.1m$19.4mFY2016(A t l)FY2017(A t l)FY2018(B d t)FY2019(B d t)12/11/201721FY2016 (Actual)FY2017 (Actual)FY2018 (Budget)FY2019 (Budget) General Fund Personnel HistoryFY 2012‐FY 2019250300TownSchool** ***15020050100* Full Time Equivalent Calculation = 33‐40 Hrs 1.0; 20‐32 Hrs 0.50; Seasonal = 0.250FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019**For comparative purposes, Town Personnel History does not include Our Island Home*** Education Personnel History includes Community School Employees2212/11/2017 Appendix12/11/201723 FY 2019 Status of Capital Projects RequestsGeneralFundGeneral FundDepartment Projects Submitted Amount()$FireSelf Contained Breathing Apparatus (SCBA)$90,720Police/MarineRenovation Town Pier Office Bldg/Public Restrooms $3,450,000DPWParks $50,000DPWTrafficDataCollectionSystem$75,000DPWTraffic Data Collection System$75,000DPWMulti‐Use Paths $100,000DPWMassasoit Bridge ‐ Engineering $250,000DPWMillies Bridge ‐ Engineering $250,000DPWUpgrades and Renovations to Concessions $250,000DPWCCTV ‐ Continuation of work begun in FY18 $100,000$DPWVacon Truck (related to Stormwater)$350,000DPWSurfside Area Roads $534,800DPWVehicle Replacements $830,000DPWIsland‐Wide Road Repair $1,000,000DPWTownwide Facility Repairs $1,000,000DPWStormwaterImprovements$3,500,000DPWStormwater Improvements$3,500,000DPWDPW Garage $18,000,000TransportationOld South Corridor $15,000,000TransportationBartlett/Surfside Roundabout $65,077TransportationPleasant Street Sidewalk $452,000$12/11/201724Transportation6 Fairgrounds Area Road$1,314,800Transportation4 Corners Intersection $109,155 FY 2019 Status of Capital Projects RequestsGeneralFundcont’dGeneral Fund cont dDepartment Projects Submitted Amount/$IT/GISServer Virtualization$190,000SchoolPlayground $400,000SchoolHigh School Vestibule $450,000TotalGeneralFundCapital$47 811 552Total General Fund Capital$47,811,552General Fund Capital Funding SourcesGeneral Fund Debt Exclusion $38,950,000Free Cash$4,605,416Capital Exclusion $1,835,720Capital from Operating Budget $898,000Prior Year Capital Article Reappropriations $100,000AHTF$400,000State Grant$1,000,000$, ,Bond Premium Proceeds $22,416Total other funding sources $47,811,55212/11/201725 FY 2019 Status of Capital Projects RequestsEnterpriseFundsEnterprise FundsEnterprise Fund Projects Submitted AmountAi tAi tAIPPjt$6 260 000AirportAirport AIP Projects$6,260,000AirportInfastructure Projects $2,723,000AirportAirport Amintenance and Equipment $482,000AirportAirport Security $50,000Subtotal Airport $9,515,000OIl dHSl tlPjtFdi$625 000Our Island HomeSuppplemental Project Funding$625,000Subtotal OIH $625,000SewerPinevalley Pump Station $250,000SewerAirport Rd Pump Station $250,000SewerPick‐up Truck $60,000SCMOM(C it /M i t/OPS/M t$2 000 000SewerCMOM (Capacity/Maint/OPS/Management$2,000,000SewerTown Water Main to Plant and Housing $1,000,000SewerBuilding Foundaiton and Utilities $200,000SewerPerimeter Fencing $1,000,000SewerSparks Ave, Sewer Rehab $500,000SewerReplace Water Mains with WWCO $5,524,413SewerSurfsideAreaSewerImprovements$5 100 000SewerSurfside Area Sewer Improvements$5,100,000SewerSurfside WWTF Phase 2 Upgrades $1,100,000SewerReplace Sewer Mains within WWCO project areas $3,421,700SewerNatGrid L8 Feeder Project $1,035,000SewerJetties Beach Bathing Beach Road $451,150Subtotal Sewer $21,892,26312/11/201726 FY 2019 Status of Capital Projects Requests              EnterpriseFundscont’dEnterprise Fundscont dEnterprise Fund Projects Submitted Amount$Solid WasteContinuation of Landfill Mining (7th Year)$700,000Solid WasteMRF Cardboard Baler Replacement $300,000Solid WasteMRF Sorting Station Repairs $175,000Subtotal Solid Waste $1,175,000SiasconsetWaterWaterTankMaintenance$303,000Siasconset WaterWater Tank Maintenance$303,000Subtotal Siasconset Water $303,000WannacometWater Main Replacement $3,533,230WannacometWater Tank Replacement $658,000Subtotal Wannacomet Water $4,191,230Enterprise Fund Capital Funding Sources:$37,701,493Borrowing Authorizations $23,749,113Airport AIP and State Grants $5,947,000Tax Revenue and Free Cash $700,000OIHRetainedEarnings$625,000OIH Retained Earnings$625,000Sewer Retained Earnings and Operating Budget $1,711,150Solid Waste Retained Earnings $475,000Wannacomet Borrowings $4,191,230Sconset Borrowings $303,00012/11/201727Total Funding Sources $37,701,493 FY 2019 General Fund Budget Breakdown – RevenuesBudget BudgetFY2018 FY2019 $ Change % ChangeTax Revenue LimitationsLevy Limit from Prior Year 68,716,742$ 71,686,428$ 2,969,686$ 4.3% Add: 2 1/2 % increase1 717 919179216174 24243%Add: 2 1/2 % increase1,717,919 1,792,161 74,242 4.3% Add: Prop 2.5% operating override - - - naAdd: new growth estimate 1,251,767 800,000 (451,767) (36.1%) Add: operating override - - - naLevy Limit for Current Year 71,686,428 74,278,588 2,592,161$ 3.6% Add: Debt Exclusion 7,689,196 6,691,602 (997,594) Maximum Allowable Levy for Current Year 79,375,624$ 80,970,190$ 1,594,567$ 2.0% y,,$,,$,,$OVERLAY(900,000) (900,000) - - Net available: 78,475,624$ 80,070,190$ 1,594,567$ 2.0% State Aid 3,271,156$ 3,320,527$ 49,371$ 1.5% Local Receipts: Motor Vehicle Excise 2,400,000 2,450,000 50,000 2.1% Rooms and Meals Tax 3,920,000 3,850,000 (70,000) (1.8%) Licenses and Permits 1,500,000 1,479,100 (20,900) (1.4%) Local Receipts - All Other 2,742,720 2,534,680 (208,040) (7.6%) Total Local Receipts 10,562,720 10,313,780 (248,940) (2.4%) Total Revenue 92,309,500$ 93,704,497$ 1,394,998$ 1.5% Other SourcesOther Sources 65,000 - (65,000) (100.0%) Free Cash Used 1,110,500 1,125,900 15,400 1.4% Excess Overlay - Total Revenue and Other Sources93,485,000$ 94,830,397$ 1,345,398$ 1.4% Total Expenses and Other Uses (budget reprogramming)93,210,064$ 94,581,813$ 1,371,749$ 1.5% 12/11/201728p(g pg g),,$,,$,,$ FY 2019 General Fund Budget Breakdown – ExpensesBudgetBudgetggFY2018 FY2019 $ Change% ChangeGeneral Fund Operating Budget Items: Salaries - Town (includes allowance for collective bargaining)17,716,373$ 18,905,100$ 1,188,727$ 6.7% Town Expense increase Requests- Salaries349,307 541,000 191,693 54.9% Salaries - School (includes allowance for collective bargaining)21,115,849 22,957,555 1,841,706 8.7% School Expense increase Requests- Salaries1,191,706 455,000 (736,706) (61.8%) Transfers to community school400,000 450,000 Subtotal Salaries 40,773,235$ 43,308,655$ 2,535,420$6.2% Operating Expenses Town:6 375 0516970863595 81293% Operating Expenses, Town:6,375,051 6,970,863 595,812 9.3% +Town Expense Increase Requests-Operating1,180,500 571,900 (608,600) (51.6%) Operating Override - 2011 Mosquito Control 107,689 110,381 2,692 2.5% Operating Expenses, School 4,976,793 5,179,087 202,294 4.1% +School Expense Increase Requests-Operating202,294 228,000 25,706 12.7% Transfers to community school65,000 - (65,000) (100.0%) Subtotal Expense 12,907,327$ 13,060,231$ 152,904$ 1.2% Group Medical Insurance- Active Employees 9,472,238 9,162,145 (310,093) (3.3%) Group Medical Insurance-Retired Employees3,157,4133,054,048(103,364)(3.3%) Group Medical Insurance Retired Employees3,157,413 3,054,048 (103,364) (3.3%) General Insurance (all other insurance)2,457,743 2,275,830 (181,913) (7.4%) Subtotal Insurance 15,087,393$ 14,492,023$ (595,370)$ (3.9%) Debt Service 8,522,421$ 7,016,501$ (1,505,920)$ (17.7%) Retirement 4,255,533$ 4,617,253$ 361,720$ 8.5% Total General Fund Operating Budget Items 81,545,909$ 82,494,663$ 948,754$ 1.2% Other Articles Unpaid Bills20,000 20,000 - - Reserve Fund 500,000 500,000 - - Health and Human Services 400,000 450,000 50,000 12.5% County Assessment 170,201 170,201 - - Other Post Employment Benefits (OPEB / GASB45) 500,000 500,000 - - Affordable Housing Trust Fund 500,000 800,000 300,000 60.0% Capital- naGeneral Fund budgeted from revenue (Town Bylaw 11-12.1)- naTown Capital (Non Recurring)435 150449 00013 85032% Town Capital (Non-Recurring)435,150 449,000 13,850 3.2% School Capital (Non-Recurring)435,150 449,000 13,850 3.2% Enterprise Fund Transfers- na Transfer to Enterprise Fund (Our Island Home - Beginning FY2011)1,511,446 1,511,446 - - Add: Additional Subsidy from Free Cash (Our Island Hom - - - na Transfer to Enterprise Fund (SWEF Operating Overrides 1999/2006)3,394,033 3,478,863 84,830 2.5% Add: Additional General Fund Subsidy to SWEF 2012-Forward 2,498,185 2,560,640 62,455 2.5% Add: Additional General Fund Subsidy to SWEF-Landfill Mining 700,000 700,000 - - Total Other Article Appropriations 11,064,165$ 11,589,150$ 524,985$ 4.7% 12/11/201729Other Statutory Expenditures Overlay and other deficits - - - na Cherry Sheet Offsets and Charges 486,000 498,000 12,000 2.5% Total Appropriations and Other Statutory Expenditures 93,210,064$ 94,581,813$ 1,371,749$ 1.5% Historical InformationOur Island HomeFY2013FY2014FY2015FY2016FY2017(1)General Fund Subsidy 2,261,560$      2,295,000$      2,267,598$      2,295,000$      2,762,535$      Certified Retained Earnings 2,054,350         1,747,556         1,649,432         5,962,402         5,321,795         CPE Payment 1,798,751         1,017,038         1,690,143         5,204,549         1,324,207         20132014201520162017Stabilization and Trust FundsGeneral Stabilization $3,740,988 $4,776,308 $4,834,733 $5,044,535 $5,053,411Capital Stabilization $0 $0 $1,000,000 $1,250,000 $1,250,000OPEB Trust Fund $250,111 $248,522 $765,994 $1,341,213 $1,903,825Certified Free Cash20132014201520162017Certified Free Cash $5,671,200 $5,201,357 $5,405,506 $6,642,219 $6,215,88312/11/201730(1) CPE payment received in FY2016 represented two years of payments. TOWN OF NANTUCKET FY19 GENERAL FUND PROJECTIONS INTERNAL DRAFT ‐  FY2018 FY2019 GENERAL FUND EXPENSE SUMMARY APPROVED BUDGET EXPENSE PROJECTION Salaries ‐ Town 18,065,680                            19,545,657                       8.2% Salaries ‐ School 22,307,555                            23,629,022                       5.9% Transfer to Community School 465,000                                 450,000                             (3.2%) Salaries ‐ Town & School 40,838,235                            43,624,679                       6.8% Operating Expenses ‐ Town 7,555,551                              7,346,517                         (2.8%) Operating Override ‐ 2011 Mosquito Control 107,689                                 160,381                             48.9% Operating Expenses ‐ School 5,179,087                              5,190,620                         0.2% Transfer to Community School ‐                                           Operating Expenses ‐ Town & School 12,842,327                            12,697,519                       (1.1%) Medical Insurance‐ Active Employees (1) 9,472,238                              9,162,039                         (3.3%) Medical Insurance‐ Retired Employees 3,157,413                              3,054,013                         (3.3%) Medical Insurance 12,629,650                            12,216,051                       (3.3%) Laborer's Union Pension 44,880                                    44,880                                Workers' Compensation & Life Insurance 246,250                                 252,750                              Compensation Unemployment 170,000                                 175,000                              General Insurance (other) 1,996,613                              1,803,200                          General & Other Insurance 2,457,743                              2,275,830                         (7.4%) Retirement 4,255,533                              4,420,540                         3.9% Debt Service ‐ Principal & Interest 8,522,421                              7,063,518                         (17.1%) TOTAL GENERAL FUND OPERATING EXPENSES ‐ PRELIMINARY 81,545,909                            82,298,137                       0.9% Other Articles ‐ Includes Special Fund Transfers 2,960,501                              2,838,201                         (4.1%) ‐                                           Unpaid Bills 20,000                                    20,000                               ‐                          County Assessment  170,201                                 170,201                             ‐                          Health and Human Services 400,000                                 450,000                             12.5% Reserve Fund 500,000                                 500,000                             ‐                          Other Post‐Employment Benefits Trust Fund (OPEB) 500,000                                 500,000                             ‐                          Capital Project Stabilization Fund Affordable Housing Trust Fund 500,000                                 300,000                             (40.0%) Town & School Minimum Capital Funding Requirement 870,300                                 898,000                             3.2% Add'l Capital Project Funding 750,000                             na General Fund Transfers to Enterprise Funds Transfer to Our Island Home 1,511,446                              1,511,446                         ‐                          Transfer to Solid Waste Enterprise Fund (SWEF) 3,394,033                              3,478,863                         2% Add'l General Fund Subsidy to SWEF 2012‐Forward 2,498,185                              2,560,640                         2% Add'l General Fund Subsidy to SWEF‐Landfill Mining 700,000                                 700,000                             ‐                                                                    TOTAL OTHER ARTICLE APPROPRIATIONS 11,064,165                            11,839,150                       7% Other Statutory Expenditures 486,000                                 498,000                             2.5% TOTAL GENERAL FUND EXPENSES ‐ PRELIMINARY 93,096,074 94,635,287 1.7% TOTAL PROJECTED REVENUE 94,945,164                        Less: Abatement (900,000)                            TOTAL PROJECTED EXPENSES 94,635,287                       1.7% PROJECTED EXCESS LEVY CAPACITY (590,123)                            Plus Free Cash: 925,900                             335,777                             TOWN OF NANTUCKETGENERAL FUNDHISTORICAL BUDGET COMPARISONFY2019 Budget3-YEAR ACTUALCOMPOUNDBudgetBudget FY2015 FY2016 FY2017 FY2018 SIMPLE ANNUAL FY2018 FY2019 $ Inc/(Decr) % Inc/(Decr)ACTUALSACTUALSACTUALSACTUALSAVERAGEGROWTH RATEBUDGETBUDGETFY19/FY18FY19/FY18YTDORG OBJECT DESCRIPTION41 TAXES & EXCISES----------------------------------------1133 41001 2001 PERSONAL PROPERTY (155) (15) (24) 1,381 (65) (60.4%)- - na1133 41002 2002 PERSONAL PROPERTY (165) (44) (73) 195 (94) (33.5%)- - na1133 41003 2003 PERSONAL PROPERTY (57) - (46) (29) (34) (10.0%)- - na1133 41004 2004 PERSONAL PROPERTY (80) - (36) 82 (39) (33.1%)- - na1133 41005 2005 PERSONAL PROPERTY (190) (13) (72) (118) (91) (38.6%)- - na1133 41006 2006 PERSONAL PROPERTY (344) (174) (69) 738 (196) (55.2%)- - na1133 41007 2007 PERSONAL PROPERTY (214) (278) (263) (153) (252) 11.0%- - na1133 41008 2008 PERSONAL PROPERTY (366) (448) (325) (114) (380) (5.7%)- - na1133 41009 2009 PERSONAL PROPERTY (1,424) (1,050) (1,435) (1,630) (1,303) 0.4%- - na1133 41010 2010 PERSONAL PROPERTY (1,720) (1,814) (881) (1,792) (1,471) (28.4%)- - na1133 41011 2011 PERSONAL PROPERTY (2,163) (2,786) 21,144 (2,090) 5,398 na- - na1133 41012 2012 PERSONAL PROPERTY (3,156) (3,485) (3,049) (2,790) (3,230) (1.7%)- - na1133 41013 2013 PERSONAL PROPERTY (5,081) (4,931) (3,862) (3,044) (4,625) (12.8%)- - na1133 41014 2014 PERSONAL PROPERTY (39,731) (8,582) (5,726) (4,520) (18,013) (62.0%)- - na1133 41015 2015 PERSONAL PROPERTY (1,344,916) (38,952) (6,691) (6,060) (463,520) (92.9%)- - na1133 41016 2016 PERSONAL PROPERTY (1,116) (1,311,755) (20,678) (7,874) (444,516) 330.4%- - na1133 41017 2017 PERSONAL PROPERTY (558) (1,378,401) (25,576) (689,479) na- - na1133 41018 2018 PERSONAL PROPERTY - - (1,499,066) - na(1,563,370) (2,027,303) 463,933 30%1133 41089 1989 PERSONAL PROPERTY (65) - - (32) na- - na1133 41090 1990 PERSONAL PROPERTY - - - - na- - na1133 41091 1991 PERSONAL PROPERTY - (94) - (47) na- - na1133 41092 1992 PERSONAL PROPERTY - - - - na- - na1133 41097 1997 PERSONAL PROPERTY - - - - na- - na1133 41099 1999 PERSONAL PROPERTY - (54) 230 (27) na- - na1133 41100 2000 PERSONAL PROPERTY (83) - (70) (114) (51) (8.3%)- - na1133 41101 2001 REAL ESTATE TAX - - - - na- - na1133 41102 2002 REAL ESTATE TAX (113) - 106 (56) na- - na1133 41103 2003 REAL ESTATE TAX - (9) - (5) na- - na1133 41104 2004 REAL ESTATE TAX - - 644 - na- - na1133 41105 2005 REAL ESTATE TAX - - - - na- - na1133 41106 2006 REAL ESTATE TAX (24) - - 694 (8) (100.0%)- - na1133 41107 2007 REAL ESTATE TAX (4) - - 12 (1) (100.0%)- - na1133 41108 2008 REAL ESTATE TAX - - - - na- - na1133 41109 2009 REAL ESTATE TAX - - - - na- - na1133 41110 2010 REAL ESTATE TAX (25,485) - - - (8,495) (100.0%)- - na1133 41111 2011 REAL ESTATE TAX (44,528) (5,735) - - (16,754) (100.0%)- - na1133 41112 2012 REAL ESTATE TAX (91,959) (20,397) (5,423) (77) (39,260) (75.7%)- - na1133 41113 2013 REAL ESTATE TAX (334,559) (14,709) (7,268) (7,613) (118,846) (85.3%)- - na1133 41114 2014 REAL ESTATE TAX (1,659,313) (37,740) (14,765) (7,424) (570,606) (90.6%)- - na1133 41115 2015 REAL ESTATE TAX (62,514,913) (1,492,310) (107,800) (12,197) (21,371,675) (95.8%)- - na1133 41116 2016 REAL ESTATE TAX (49,752) (65,916,305) (1,196,054) (7,986) (22,387,370) 390.3%- - na1133 41117 2017 REAL ESTATE TAX - (42,080) (70,910,685) (1,350,418) (23,650,922) na- - na1133 41118 2018 REAL ESTATE TAX - - - (74,341,401) - na(76,605,110) (79,064,804) 2,459,694 3%1133 41192 1992 REAL ESTATE TAX (55) - (69) - (41) 11.9%- - na1133 41193 1993 REAL ESTATE TAX (207) - (79) (147) (95) (38.2%)- - na1133 41194 1994 REAL ESTATE TAX (470) - (80) (269) (183) (58.7%)- - na TOWN OF NANTUCKETGENERAL FUNDHISTORICAL BUDGET COMPARISONFY2019 Budget3-YEAR ACTUALCOMPOUNDBudgetBudget FY2015 FY2016 FY2017 FY2018 SIMPLE ANNUAL FY2018 FY2019 $ Inc/(Decr) % Inc/(Decr)ACTUALSACTUALSACTUALSACTUALSAVERAGEGROWTH RATEBUDGETBUDGETFY19/FY18FY19/FY18YTD1133 41195 1995 REAL ESTATE TAX (197) - (83) (277) (93) (35.2%)- - na1133 41196 1996 REAL ESTATE TAX - (83) (412) (42) na- - na1133 41197 1997 REAL ESTATE TAX (263) (84) (48) (173) na- - na1133 41198 1998 REAL ESTATE TAX - (49) 2,957 (24) na- - na1133 41199 1999 REAL ESTATE TAX - - 49 - na- - na1133 41200 2000 REAL ESTATE TAX - - - - na- - na1133 41203 GOLF VIEW DRIVE BETTERMENT (7,646) (11,939) (13,087) (20,082) (10,891) 30.8%- - na1133 41204 GOLF VIEW DRIVE INTEREST (5) (2,081) (223) (35) (769) 567.2%- - na1133 41207APPLETON RD BETTERMENT - - - - na- - na1133 41210 SHEEP POND RD BETTERMENT (13,633) (1,274) (1,128) (1,215) (5,345) (71.2%)- - na1133 41301 LANDFILL 1997 (16,474) (75,201) (31,499) (50,083) (41,058) 38.3%- - na1133 41420 TAX LIENS REDEEMED (602,805) (293,016) (407,949) (205,359) (434,590) (17.7%)- - na(66,762,990) (69,288,111) (74,097,123) (77,552,928) (70,049,408) 3.5% (78,168,480) (81,092,107) 2,923,627 4%----------------------------------------41 MOTOR VEHICLE EXCISE TAX----------------------------------------1133 41485 1985 MOTOR VEHICLE EXC - - - - na- na1133 41486 1986 MOTOR VEHICLE EXC - - - - na- na1133 41487 1987 MOTOR VEHICLE EXC - (315) (47) (158) na- na1133 41488 1988 MOTOR VEHICLE EXC (432) (222) (87) (327) na- na1133 41489 1989 MOTOR VEHICLE EXC - - - - na- na1133 41500 1990 MOTOR VEHICLE EXC - - (84) - na- na1133 41501 1991 MOTOR VEHICLE EXC - - (349) - na- na1133 41502 1992 MOTOR VEHICLE EXC (16) - (43) (8) na- na1133 41503 1993 MOTOR VEHICLE EXC - - (32) - na- na1133 41550 2000 MOTOR VEHICLE EXC (46) (122) (138) - (102) 72.9%- na1133 41551 2001 MOTOR VEHICLE EXC (122) (144) (93) - (120) (12.6%)- na1133 41552 2002 MOTOR VEHICLE EXC (134) (235) (96) - (155) (15.2%)- na1133 41553 2003 MOTOR VEHICLE EXC (130) (605) - - (245) (100.0%)- na1133 41554 2004 MOTOR VEHICLE EXC (194) (493) (42) (36) (243) (53.2%)- na1133 41555 2005 MOTOR VEHICLE EXC (514) (285) - (5) (266) (100.0%)- na1133 41556 2006 MOTOR VEHICLE EXC (111) (373) (304) (15) (263) 65.4%- na1133 41557 2007 MOTOR VEHICLE EXC (183) (249) (865) - (432) 117.4%- na1133 41558 2008 MOTOR VEHICLE EXC (1,016) (668) (503) (36) (729) (29.6%)- na1133 41559 2009 MOTOR VEHICLE EXC (582) (635) (536) (95) (585) (4.0%)- na1133 41560 2010 MOTOR VEHICLE EXC (990) (652) (203) (454) (615) (54.8%)- na1133 41561 2011 MOTOR VEHICLE EXC (1,078) (1,261) (773) (1,100) (1,037) (15.3%)- na1133 41562 2012 MOTOR VEHICLE EXC 2,885 (3,505) (292) (1,306) (304) na- na1133 41563 2013 MOTOR VEHICLE EXC (23,758) 8,045 (1,599) (801) (5,771) (74.1%)- na1133 41564 2014 MOTOR VEHICLE EXC (475,723) (25,637) 7,615 2,650 (164,582) na- na1133 41565 2015 MOTOR VEHICLE EXC (2,010,083) (483,490) (28,449) 8,320 (840,674) (88.1%)- na1133 41566 2016 MOTOR VEHICLE EXC - (2,164,133) (569,378) (21,438) (911,170) na- na1133 41567 2017 MOTOR VEHICLE EXC - - (2,157,499) (699,264) (719,166) na- na1133 41568 2018 MOTOR VEHICLE EXC - - - (2,170,812) - na(2,350,000) (2,500,000) 150,000 6%1133 41594 1994 MOTOR VEHICLE EXC - - - (40) - na- na1133 41595 1995 MOTOR VEHICLE EXC - - - (40) - na- na1133 41596 1996 MOTOR VEHICLE EXC - - - (193) - na- na1133 41597 1997 MOTOR VEHICLE EXC (195) - - (120) (65) (100.0%)- na1133 41598 1998 MOTOR VEHICLE EXC (130) - - - (43) (100.0%)- na1133 41599 1999 MOTOR VEHICLE EXC - (17) - - (6) na- na(2,512,104) (2,674,907) (2,753,692) (2,885,426) (2,646,901) 3.1% (2,350,000) (2,500,000) 150,000 6%REAL ESTATE & PERSONAL PROPERTY TAXESTOTAL MOTOR VEHICLE EXCISE TAX TOWN OF NANTUCKETGENERAL FUNDHISTORICAL BUDGET COMPARISONFY2019 Budget3-YEAR ACTUALCOMPOUNDBudgetBudget FY2015 FY2016 FY2017 FY2018 SIMPLE ANNUAL FY2018 FY2019 $ Inc/(Decr) % Inc/(Decr)ACTUALSACTUALSACTUALSACTUALSAVERAGEGROWTH RATEBUDGETBUDGETFY19/FY18FY19/FY18YTD41 OTHER EXCISE----------------------------------------1133 41600 2000 BOAT EXCISE TAX (146) (45) (120) - (104) (9.3%)- - - na1133 41601 2001 BOAT EXCISE TAX - - - - na- - - na1133 41602 2002 BOAT EXCISE TAX (13) (50) (4) - (22) (44.5%)- - - na1133 41603 2003 BOAT EXCISE TAX (87) - - - (29) (100.0%)- - - na1133 41604 2004 BOAT EXCISE TAX (107) (12) - - (40) (100.0%)- - - na1133 41605 2005 BOAT EXCISE TAX (42) (27) - - (23) (100.0%)- - - na1133 41606 2006 BOAT EXCISE TAX (19) (27) (8) - (18) (37.2%)- - - na1133 41607 2007 BOAT EXCISE TAX (167) (93) (46) - (102) (47.8%)- - - na1133 41608 2008 BOAT EXCISE TAX (156) (58) (47) - (87) (45.4%)- - - na1133 41609 2009 BOAT EXCISE TAX (290) (60) (19) - (123) (74.4%)- - - na1133 41610 2010 BOAT EXCISE TAX (241) (61) (19) - (107) (71.9%)- - - na1133 41611 2011 BOAT EXCISE TAX (257) (128) (19) - (135) (72.8%)- - - na1133 41612 2012 BOAT EXCISE TAX (1,960) (60) (20) (45) (680) (89.9%)- - - na1133 41613 2013 BOAT EXCISE TAX (2,011) (262) (32) (53) (768) (87.5%)- - - na1133 41614 2014 BOAT EXCISE TAX (33,793) (920) (117) (208) (11,610) (94.1%)- - - na1133 41615 2015 BOAT EXCISE TAX (34,290) (299) (431) (17,295) na- - - na1133 41616 2016 BOAT EXCISE TAX - (34,021) (1,087) (17,011) na- - - na1133 41617 2017 BOAT EXCISE TAX - - (34,807) - na- - - na1133 41618 2018 BOAT EXCISE TAX - - - - na(50,000) (34,000) (16,000) (32%)1133 41620 FARM EXCISE TAXES - - - - na- - - na1133 41695 1995 BOAT EXCISE TAX (38) - - (19) na- - - na1133 41696 1996 BOAT EXCISE TAX - (38) - (19) na- - - na1133 41697 1997 BOAT EXCISE TAX - - - - na- - - na1133 41698 1998 BOAT EXCISE TAX - - - - na- - - na1133 41699 1999 BOAT EXCISE TAX (146) - (70) - (72) (30.8%)- - - na1133 41910 ROOMS TAX (3,041,496) (3,428,604) (3,498,400) (3,446,064) (3,322,833) 7.2%(3,373,400) (3,100,000) (273,400) (8%)1133 41912 LOCAL MEALS TAX (908,283) (997,903) (1,061,396) (1,024,279) (989,194) 8.1%(961,000) (925,000) (36,000) (4%)(3,989,214) (4,462,639) (4,594,673) (4,506,975) (4,348,842) 4.8% (4,384,400) (4,059,000) (325,400) (7%)----------------------------------------41 PAYMENT IN LEIU OF TAX----------------------------------------1133 41800 PAYMENT IN LIEU TAX (31,328) (33,231) (14,706) (8,794) (26,422) (31.5%)(12,635) (8,000) (4,635) (37%)(31,328) (33,231) (14,706) (8,794) (26,422) (22.3%) (12,635) (8,000) (4,635) (37%)----------------------------------------41 PENALTIES AND INTEREST ON TAXES AND EXCISE----------------------------------------1133 41710 P&I RE (489,976) (381,920) (378,763) (333,379) (416,886) (12.1%)(325,000) (345,000) 20,000 6%1133 41720 P&I EXCISE (108,558) (142,208) (115,697) (116,784) (122,154) 3.2%(95,000) (105,000) 10,000 11%1133 41730 P&I EXCISE TAX LIEN (283,455) (132,775) (192,700) (86,520) (202,977) (17.5%)(80,000) (90,000) 10,000 13%1133 41740 P&I BOAT (793) (357) (90) (7) (413) (66.3%)- - - na1133 41750 P&I SEW/LF (43) (66) (199) (55) na- - - na(882,782) (657,303) (687,316) (536,889) (742,467) (8.0%) (500,000) (540,000) 40,000 8%42 CHARGES FOR SERVICES ----------------------------------------1210 42430 PARKING FEE INCOME (20,174) (10,666) (14,000) (8,921) (14,947) (16.7%)(10,000) (10,000) - 0%1210 42431 MARKED RECORDS FINES (5,285) (9,517) (10,721) (11,238) (8,508) 42.4%(8,750) (9,000) 250 3%1220 42708 FLAMMABLE FLUID STORAGE (12,775) (14,025) (11,150) (10,500) (12,650) (6.6%)(10,000) (10,000) - 0%1220 42709 CHARCOAL PERMITS (1,650) (890) - - (847) (100.0%)- - - na1220 42710 FIRE REPORTS (20) (5) - - (8) (100.0%)- - - na1541 42421 PRIVATE PATIENT INCOME (752) - - - (251) (100.0%)- - - na(40,656) (35,103) (35,871) (30,659) (37,210) (4.1%) (28,750) (29,000) 250 1%TOTAL CHARGES FOR SERVICESTOTAL OTHER EXCISETOTAL PAYMENT IN LIEU OF TAXTOTAL PENALITIES & INTEREST TOWN OF NANTUCKETGENERAL FUNDHISTORICAL BUDGET COMPARISONFY2019 Budget3-YEAR ACTUALCOMPOUNDBudgetBudget FY2015 FY2016 FY2017 FY2018 SIMPLE ANNUAL FY2018 FY2019 $ Inc/(Decr) % Inc/(Decr)ACTUALSACTUALSACTUALSACTUALSAVERAGEGROWTH RATEBUDGETBUDGETFY19/FY18FY19/FY18YTD43 FEES----------------------------------------1133 43201 TAX COLL MUNICIPAL LIEN CERT (27,080) (28,200) (28,700) (26,925) (27,993) 2.9%(28,000) (28,000) - 0%1133 43202 TREASURER ADMINISTRATIVE FEES (807) (217) (242) 21 (422) (45.2%)- - - na1174 43203 FILING FEES (84,728) (94,896) (112,763) (100,486) (97,462) 15.4%(100,000) (95,000) (5,000) (5%)1691 43203 FILING FEES (202,764) (182,859) (294,592) (266,090) (226,738) 20.5%(238,850) (215,000) (23,850) (10%)1249 43207 INSP FEE RESTAURANT (1,375) (10,975) (13,050) (11,725) (8,467) 208.1%(5,450) (5,000) (450) (8%)1249 43208 BLDG INSP FEES LODG HSE (2,735) (9,850) (9,400) (9,475) (7,328) 85.4%(5,250) (6,500) 1,250 24%1249 43209 BLDG INSP FEE PUBLIC BLDG (19,104) (8,675) (6,573) (7,925) (11,451) (41.3%)(6,000) (6,000) - 0%1590 43212 PASSPORT PROCESSING FEE (11,500) (13,025) (13,050) (11,760) (12,525) 6.5%(13,000) (13,000) - 0%1249 43213 PLUMBING INSPECTION FEES (111,214) (175,645) (165,545) (163,712) (150,801) 22.0%(165,000) (150,000) (15,000) (9%)1249 43214 WIRING INSPECTION FEES (114,437) (205,555) (203,368) (180,325) (174,453) 33.3%(165,000) (185,000) 20,000 12%1912 43216 CONSERVATION FEE DETERMINATION (505) (425) (475) (800) (468) (3.0%)- - - na1912 43217 CONSERVATION FEE N O I (22,717) (18,131) (16,216) (21,581) (19,021) (15.5%)(15,000) (16,000) 1,000 7%1174 43220 WITNESS FEES (15) - - (8) na- - - na1510 43220 WITNESS FEES (1,650) - - - (550) (100.0%)- - - na1220 43222 FIRE INSPECTION COI (12,375) (11,250) (13,450) (13,700) (12,358) 4.3%(12,500) (12,500) - 0%1220 43223 FIRE INSP FEE SMOKE DET (20,850) (24,600) (24,475) (24,600) (23,308) 8.3%(22,500) (22,000) (500) (2%)1220 43224 FIRE INSP FEE OIL BURNER (950) (2,400) (1,050) (850) (1,467) 5.1%(1,350) (1,000) (350) (26%)1210 43228 POLICE ALARM REG FEES (113,856) (109,738) (113,988) (123,700) (112,527) 0.1%(105,000) (110,000) 5,000 5%1912 43229 CON COM COMPLIANCE FEES (1,635) (1,900) (1,900) (1,425) (1,812) 7.8%(1,000) (1,500) 500 50%1220 43230 FIRE INSPECTION FIRE ALARMS (2,325) (1,375) (1,225) (375) (1,642) (27.4%)(1,500) (1,200) (300) (20%)1122 43250 FRANCHISE FEES (4,511) (4,540) (4,642) (4,696) (4,564) 1.4%- (4,000) 4,000 na1912 43251 FERTILIZER LICENSE FEE (14,800) (12,700) (5,000) (31,980) (10,833) (41.9%)- (5,000) 5,000 na1122 43255 PERMIT APP FEE (11,640) (21,580) (22,985) (12,555) (18,735) 40.5%(12,000) (15,000) 3,000 25%1174 43274 INSPECTION FEES - - - - na- - - na1210 43620 FEES: STREET MUSICIANS (3,205) (4,200) (2,310) (2,100) (3,238) (15.1%)(2,000) (2,000) - 0%1161 43702 MISC SALES (638) (571) (780) (1,385) (663) 10.6%(600) (600) - 0%1174 43702 MISC SALES (715) - - - (238) (100.0%)- - - na1249 43702 MISC SALES (12,858) (9,578) (6,007) (7,131) (9,481) (31.6%)- - - na1295 43702 MARINE ICE SALES - - - - - na- - - na1691 43702 MISC SALES - GUIDE BOOKS & COPIES - (54) - - (18) na- - - na1912 43702 MISC SALES - GUIDE BOOKS & COPIES - - - - na- - - na1295 43703 MARINE SCALLOP BOXES - - - - - na- - - na(800,973) (952,953) (1,061,786) (1,025,280) (938,571) 9.9% (900,000) (894,300) (5,700) (1%)43 RENTALS----------------------------------------1122 43600 TRIAL COURT (73,550) (112,123) (48,768) (36,576) (78,147) (18.6%)(40,000) (70,500) 30,500 76%1122 43602 MA REG OF MV SPACE RENTAL (9,222) (9,297) (9,224) (8,455) (9,248) 0.0%(8,000) (9,000) 1,000 13%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 (13,750) (30,850) (16,750) (16,200) (20,450) 10.4%(15,000) (15,000) - 0%1122 43610 LEASE INCOME (50,545) (32,445) (38,005) (64,887) (40,332) (13.3%)(45,000) (32,000) (13,000) (29%)1122 43611 RENT 3 CHESTNUT ST (25,000) (18,750) (29,167) (25,000) (24,306) 8.0%(25,000) (25,000) - 0%1122 43612 BOS LEASE (600) - - (300) na- - - na1122 43621 JETTIES CONCESSION FEE (56,153) (109,723) (193,797) (82,938) na(80,000) (108,000) 28,000 35%1122 43622 CHILDRENS BEACH CONCESSION FEE (25,627) - (8,500) (12,814) na(10,000) (10,000) - 0%1122 43623 SURFSIDE BEACH CONCESSION FEE - (56,223) (34,815) (28,111) na(32,600) (50,000) 17,400 53%1122 43624 FRANCIS ST CONCESSION FEE (8,279) (20,200) (20,200) (14,240) na(20,200) - (20,200) (100%)1210 43609 TOWING CONCESSION FEE - - - - na- - - na1249 43607 OTHER BUSINESS FEES (120) (200) - (160) na- - - na1295 43604 MARINE TOWN PIER DOCKAGE (14,307) (31,491) (65,830) (100,940) (37,209) 114.5%(52,305) (35,000) (17,305) (33%)1295 43605 MARINE SLIP RENTALS (79,205) (286,043) (139,217) (120,818) (168,155) 32.6%(80,000) (125,000) 45,000 56%1420 43606 RENTAL FEES (175,730) (116,016) - - (97,249) (100.0%)- - - na(457,509) (743,995) (549,505) (630,187) (583,670) 6.3% (424,305) (495,700) 71,395 17%TOTAL FEES TOTAL RENTALS TOWN OF NANTUCKETGENERAL FUNDHISTORICAL BUDGET COMPARISONFY2019 Budget3-YEAR ACTUALCOMPOUNDBudgetBudget FY2015 FY2016 FY2017 FY2018 SIMPLE ANNUAL FY2018 FY2019 $ Inc/(Decr) % Inc/(Decr)ACTUALSACTUALSACTUALSACTUALSAVERAGEGROWTH RATEBUDGETBUDGETFY19/FY18FY19/FY18YTD----------------------------------------44 LICENSES & PERMITS----------------------------------------1122 44101 LIQ LIC RES/INN AA (25,950) (14,500) (29,000) (14,350) (23,150) 5.7%(15,000) (15,000) - 0%1122 44102 LIQ LIC RES/INN WM (4,500) (1,600) - (1,600) (2,033) (100.0%)- - - na1122 44103 LIQ LIC COMMON VIC AA (121,550) (145,050) (135,850) (141,750) (134,150) 5.7%(120,000) (120,000) - 0%1122 44104 LIQ LIC PKG STORE AA (20,750) (20,750) (20,750) (20,750) (20,750) 0.0%(20,000) (20,000) - 0%1122 44105 LIQ LIC PKG STORE WM (5,600) (5,400) (6,400) (6,400) (5,800) 6.9%(5,000) (5,000) - 0%1122 44106 LIQ LIC CLUB AA (25,550) (16,900) (17,900) (16,200) (20,117) (16.3%)(15,000) (16,500) 1,500 10%1122 44107 LIQ LIC COM VIC W/M (4,700) (10,700) (13,800) (12,200) (9,733) 71.4%(5,000) (6,000) 1,000 20%1122 44108 COMMON VICT (6,300) (6,700) (5,850) (5,550) (6,283) (3.6%)(5,000) (5,000) - 0%1122 44109 MOBILE FOOD UNIT (700) (1,200) (2,400) (2,100) (1,433) 85.2%(500) (1,500) 1,000 200%1122 44201 ENTERTAINMENT LICENSES (7,715) (8,335) (9,175) (8,600) (8,408) 9.1%(7,500) (7,500) - 0%1122 44206 OTHER BUSINESS LICENSES (1,335) (5,085) (1,080) (1,070) (2,500) (10.1%)(1,000) (1,000) - 0%1122 44213 STREET VENDOR (750) (1,050) (750) (750) (850) 0.0%(500) (500) - 0%1122 44216 PUBLIC ASSEMBLY PERMIT (3,725) (3,675) (2,300) (150) (3,233) (21.4%)(1,500) (1,500) - 0%1122 44217 BEACH USE PERMIT (5,600) (6,550) (3,725) (800) (5,292) (18.4%)(2,500) (2,500) - 0%1122 44218 TAXI WAIT LIST (1,040) (910) (840) (940) (930) (10.1%)(500) (500) - 0%1122 44500 OTHER BUSINESS PERMITS - - (100) - na- - - na1122 44509 PERMITS OVER THE ROAD (1,450) (1,700) (2,150) (3,000) (1,767) 21.8%(500) (500) - 0%1122 44514 CLASS I LICENSE (100) (100) (100) (100) (100) 0.0%- - - na1122 44515 CLASS II LICENSE (400) (300) (300) (300) (333) (13.4%)- - - na1122 44516 CLASS III LICENSE (300) (500) (600) (500) (467) 41.4%- - - na1161 44201 ENTERTAINMENT LICENSES - - - - na- - - na1161 44202 TAXI TRANSFER (1,600) (1,200) (1,400) (750) (1,400) (6.5%)(1,000) (1,600) 600 60%1161 44204 TAXI/LIMO LICENSE RENEWALS (20,250) (23,850) (23,550) (21,750) (22,550) 7.8%(20,250) (22,000) 1,750 9%1161 44206 OTHER BUSINESS LICENSES (2,920) (2,345) (2,000) (1,980) (2,422) (17.2%)(2,000) (2,000) - 0%1161 44207 OTHER NON-BUS LICENSES (4,680) (5,340) (11,030) (9,450) (7,017) 53.5%(5,000) (5,500) 500 10%1161 44208 LICENSES - DOMESTIC PARTNERSHIP (25) - - (13) na- - - na1161 44209 CLERK LIC DOGS (4,385) (4,485) (3,385) (3,545) (4,085) (12.1%)(3,000) (3,000) - 0%1161 44500 OTHER BUSINESS PERMITS (5,450) (6,470) (10,240) (8,375) (7,387) 37.1%(5,500) (5,500) - 0%1161 44501 CERTIFICATIONS (18,640) (16,860) (23,535) (22,730) (19,678) 12.4%(16,000) (17,000) 1,000 6%1161 44507 VOTER EXTRACT (320) (180) (90) (60) (197) (47.0%)- - - na1161 44508 UCC FEES - - - - na- - - na1161 44513 GENEALOGICAL RESEARCH (56) (148) (220) (150) (141) 98.2%- - - na1161 44517 POLE(850) (500) (1,425) (675) na(500) (500) - 0%1210 44501 TAXI DRIVER ID (7,775) (13,475) (8,725) (4,525) (9,992) 5.9%(5,000) (5,000) - 0%1210 44502 POLICE PERMITS PARKING (70,740) (80,275) (76,825) (52,930) (75,947) 4.2%(57,976) (70,800) 12,824 22%1210 44503 POLICE PERMITS PISTOL (3,763) (3,513) (4,835) (6,498) (4,037) 13.4%(4,000) (3,750) (250) (6%)1220 44504 FIRE PERMITS MISC (1,817) (1,275) (2,850) (1,625) (1,981) 25.2%(1,500) (1,500) - 0%1249 44206 OTHER BUSINESS LICENSES (300) (2,500) (250) (675) (1,017) (8.7%)- - - na1249 44500 BUILDING PERMITS (1,013,626) (1,219,361) (1,222,855) (1,114,973) (1,151,947) 9.8%(1,100,000) (1,100,000) - 0%1295 44210 MARINE LIC COM SHELLFISH (2,499) (2,581) - - (1,693) (100.0%)- - - na1295 44212 MARINE LIC FAM SHELLFISH (17,556) (18,993) (12,465) (11,036) (16,338) (15.7%)(10,000) (12,000) 2,000 20%1295 44220 MOORING WAITING LIST (1,741) (4,443) (2,385) (1,845) (2,856) 17.0%(1,000) (2,350) 1,350 135%01420 44509 DPW PERMITS OVER THE ROAD (200) - - - (67) (100.0%)- - - na1510 44204 TOBACCO SALES LICENSES (1,550) (1,650) (3,300) (3,300) (2,167) 45.9%(1,500) (1,500) - 0%1510 44206 OTHER BUSINESS LICENSES (9,375) (8,475) (4,600) (5,400) (7,483) (30.0%)(5,000) (5,000) - 0%1510 44207 OTHER NON-BUS LICENSES (15) (300) - - (105) (100.0%)- - - na1510 44211 WEIGHTS & MEASURES FEES - (21,760) (11,155) - (10,972) na- - - na1510 44214 HEALTH LIC VICTULAR - - - - - na- - - na1510 44215 HEALTH LIC LODG HOUSE (12,900) (16,350) (15,000) (14,600) (14,750) 7.8%(14,000) (13,500) (500) (4%)1510 44506 HEALTH PERMITS SEPTIC (9,600) (4,800) (4,600) (4,200) (6,333) (30.8%)(4,500) (4,600) 100 2%(1,449,773) (1,712,508) (1,698,765) (1,529,032) (1,620,349) 5.4% (1,457,226) (1,480,100) 22,874 2%TOTAL LICENSE & PERMITS TOWN OF NANTUCKETGENERAL FUNDHISTORICAL BUDGET COMPARISONFY2019 Budget3-YEAR ACTUALCOMPOUNDBudgetBudget FY2015 FY2016 FY2017 FY2018 SIMPLE ANNUAL FY2018 FY2019 $ Inc/(Decr) % Inc/(Decr)ACTUALSACTUALSACTUALSACTUALSAVERAGEGROWTH RATEBUDGETBUDGETFY19/FY18FY19/FY18YTD----------------------------------------46 STATE LOCAL AID----------------------------------------1122 46400 RMV CITATIONS (27,765) (21,537) (24,493) (37,091) (24,598) (6.1%)- na1133 46140 CSI B8 VET, BLIND & SPOUSE (3,683) (6,045) (3,447) (3,261) (4,392) (3.3%)(3,447) (3,447) - 0%1133 46180 UNRESTRICTED AID (70,504) (73,041) (76,182) (72,556) (73,242) 3.9%(79,153) (79,153) - 0%1133 46202 CSI A.1 CH70 SCHOOL AID (2,126,945) (2,980,944) (3,067,074) (2,855,017) (2,724,988) 20.1%(3,114,564) (3,114,564) - 0%1133 46610 CSI PUB LIBRARIES CH78 - - - - - na(8,692) (8,692) - 0%1133 46670 CSI B8 VETERANS BENEFITS - - - - na- na1133 46991 CSI B11 STATE OWNED LAND (116,162) (106,482) (114,781) (105,105) (112,475) (0.6%)(114,671) (114,671) - 0%1133 46992 OTHER STATE FUNDS - - - - na- na1161 46400 EXIT POLLS (1,854) (673) (1,346) (4,627) (1,291) (14.8%)- na(2,346,913) (3,188,722) (3,287,323) (3,077,657) (2,940,986) 11.9% (3,320,527) (3,320,527) - 0%----------------------------------------47 FINES & FORFEITS----------------------------------------1161 47707 CODE VIOLATIONS CITATIONS (7,910) (14,675) (28,050) (7,310) (16,878) 88.3%(5,000) - (5,000) (100%)1210 47700 DISTRICT COURT FINES - - (113) (1,762) (38) na- - - na1210 47701 POLICE PARKING FINES (234,444) (223,712) (271,074) (267,309) (243,077) 7.5%(145,000) (215,000) 70,000 48%1691 47708 HDC VIOLATION FEE - - - - na- - - na(242,354) (238,387) (299,237) (276,381) (259,992) 7.3% (150,000) (215,000) 65,000 43%----------------------------------------48 INVESTMENT INCOME----------------------------------------1147 48201 INTEREST ON INVESTMENTS - - - - na- - - na1133 48201 INTEREST ON INVESTMENTS (172,420) (124,002) (199,775) (207,654) (165,399) 7.6%(125,000) (135,000) 10,000 8%(172,420) (124,002) (199,775) (207,654) (165,399) 5.0% (125,000) (135,000) 10,000 8%----------------------------------------48 OTHER DEPARTMENTAL REVENUE----------------------------------------1122 48100 SALE OF INVENTORY & FIXED - - (13,551) - na- - - na1122 48300 DONATIONS - - - - na- - - na1122 48400 BOS MISC REVENUES (1,678) (20) (4,292) (80) (1,997) 59.9%- - - na1122 48402 PHOTOCOPIES (41) - - - (14) (100.0%)- - - na1133 48400 FINANCE COPIES & MIS (10,811) (13,024) (9,036) (18,373) (10,957) (8.6%)- (9,500) 9,500 na1133 48401 TELEPHONE - - - - na- - - na1133 48422 MISC NON RECURRING (475) (895,315) (16,351) (190,842) (304,047) 486.7%- - - na1133 48500 UNIDENTIFIED CASH ADJUSTMENTS - (16,330) (4,218) (8,165) na- - - na1133 48501 TC - UNDESIGNATED RECEIPTS 42,478 (2,210) (8,767) (82,476) 10,500 na- - - na1147 48400 MISC REVENUES (6) - - - (2) (100.0%)- - - na1161 48400 TOWN CLERK MISC (356) (152) (500) (1) (336) 18.5%- - - naTOTAL STATE LOCAL AIDTOTAL FINES & FORFEITSTOTAL INVESTMENT INCOME TOWN OF NANTUCKETGENERAL FUNDHISTORICAL BUDGET COMPARISONFY2019 Budget3-YEAR ACTUALCOMPOUNDBudgetBudget FY2015 FY2016 FY2017 FY2018 SIMPLE ANNUAL FY2018 FY2019 $ Inc/(Decr) % Inc/(Decr)ACTUALSACTUALSACTUALSACTUALSAVERAGEGROWTH RATEBUDGETBUDGETFY19/FY18FY19/FY18YTD1174 48400 PLANNING MISC REV - (92) - (46) na- - - na1199 48400 MISC RECURRING - - - - na- - - na1210 48400 POLICE MISC REV (2,494) (14,906) (5,642) (3,680) (7,681) 50.4%- (2,500) 2,500 na1210 48403 INSURANCE REPORTS (1,000) (1,335) (1,071) (1,000) (1,135) 3.5%- (1,000) 1,000 na1210 48415 OFF DUTY POLICE ADMIN CHARGE (5,345) (31,113) (59,799) (50,983) (32,086) 234.5%(25,000) (60,000) 35,000 140%1220 48400 FIRE MISC REV (57) (1,012) - (535) na- - - na1220 48412 OFF DUTY FIRE (266) (3,607) (2,938) (1,937) na- (1,500) 1,500 na1295 48400 MISC REV - - - - na- - - na1420 48100 SALE OF INVENTORY & FIXED ASST (3,001) - - - (1,000) (100.0%)- - - na1420 48400 DPW MISC REV (6,011) (4,505) (5,085) (7,072) (5,200) (8.0%)- (5,000) 5,000 na1420 48409 REVENUE -CH81 STATE HWY (35,000) (34,999) - (35,000) (23,333) (100.0%)(15,000) (35,000) 20,000 133%1420 48411 ROAD PATCH REVENUE - - - - na- - - na1420 48419 SANFORD TRUST - - - - na- - - na1492 48400 TOWN GAS REVENUES (69,767) (54,074) (43,196) (58,584) (55,679) (21.3%)- (43,000) 43,000 na1510 48400 MISC REVENUES (2,366) (776) (720) (1,571) na- (500) 500 na1945 48400 MISC REVENUE (50) - - - (17) (100.0%)- - - na1999 48400 MISC REVENUES (11,200) (11,200) (119,738) (84,455) (47,379) 227.0%- (18,430) 18,430 na(104,757) (1,065,541) (295,296) (553,973) (488,531) 41.3% (40,000) (176,430) 136,430 341%- ----------------------------------------49 MISCELLANEOUS RECURRING----------------------------------------1133 48600 RDS RETIREE DRUG SUBSIDY (44,762) (11,388) - - (18,717) (100.0%)- - - na(44,762) (11,388) - - (18,717) (100.0%) - - - na----------------------------------------49 MISCELLANEOUS NON-RECURRING----------------------------------------1122 49000 REFUNDS 2,055 - - - 685 (100.0%)- - - na1133 49102 PROCEEDS FROM BOND SALE - - - - na- - - na1133 49104 DEBT PREMIUM (555) (35,307) (87,658) - (41,173) 1,156.8%- - - na1133 49303 PREMIUM FOR 12/2003 BOND SALE - - - - na- - - na1133 49400 DISPOSITION OF FIXED ASSETS - - - - na- - - na1133 49600 INTEREST RECV ON BONDS SOLD - - - - na- - - na1133 49901 INDIRECT COSTS - (619,300) (619,300) (309,650) na- - - na1249 49000 REFUNDS - - - - na- - - na1521 49000 REFUNDS - - - - na- - - na1691 49000 REFUNDS - - - - na- - - na1999 49702 TRANSFER FROM SPEC REV FUND (294,402) - - (147,201) na- - - na1999 49704 TRANSFER FROM CAP PROJ FUND - - - - na- - - na1999 49706 TRANSFER FROM ENTERPRISE FUNDS (591,300) (700,519) - - (430,606) (100.0%)- - - na1999 49708 TRANSFER FROM TRUST FUNDS - - - - na- - - naTOTAL MISCELLANEOUS NON-RECURRING (589,800) (1,030,229) (706,958) (619,300) (775,662) 6.2% - - - naGRAND TOTAL (80,428,335) (86,219,015) (90,282,026) (93,441,132) (85,643,126) 3.9%(91,861,323) (94,945,164) 3,083,841 3%TOTAL OTHER DEPARTMENTAL REVENUETOTAL MISCELLANEOUS RECURRING TOWN OF NANTUCKETGENERAL FUNDHISTORICAL BUDGET COMPARISONFY2019 Budget3-YEAR ACTUALCOMPOUNDBudgetBudget FY2015 FY2016 FY2017 FY2018 SIMPLE ANNUAL FY2018 FY2019 $ Inc/(Decr) % Inc/(Decr)ACTUALSACTUALSACTUALSACTUALSAVERAGEGROWTH RATEBUDGETBUDGETFY19/FY18FY19/FY18YTD I. TAXES- REAL ESTATE AND PERSONAL PROPERTY (66,762,990) (69,288,111) (74,097,123) (77,552,928) (70,049,408) 5.3%(78,168,480) (81,092,107) 2,923,627$ 3.7%II. LOCAL REVENUE1. Motor Vehicle Excise Taxes (2,512,104) (2,674,907) (2,753,692) (2,885,426) (2,646,901) 4.7%(2,350,000) (2,500,000) 150,000$ 6.4%2. Other Excise Taxes A) Boat Excise Taxes (39,435) (36,132) (34,877) (36,632) (36,815) (6.0%)(50,000) (34,000) (16,000)$ (32.0%)B) Rooms Excise Taxes (3,041,496) (3,428,604) (3,498,400) (3,446,064) (3,322,833) 7.2%(3,373,400) (3,100,000) (273,400)$ (8.1%)C) Meals Excise Taxes (908,283) (997,903) (1,061,396) (1,024,279) (989,194) 8.1%(961,000) (925,000) (36,000)$ (3.7%) 3. Penalties & Interest on Taxes and Excises (882,782) (657,303) (687,316) (536,889) (742,467) (11.8%)(500,000) (540,000) 40,000$ 8.0%4. Payments in lieu of Taxes (31,328) (33,231) (14,706) (8,794) (26,422) (31.5%)(12,635) (8,000) (4,635)$ (36.7%)5. Charges for Services (40,656) (35,103) (35,871) (30,659) (37,210) (6.1%)(28,750) (29,000) 250$ 0.9%6. Fees (800,973) (952,953) (1,061,786) (1,025,280) (938,571) 15.1%(900,000) (894,300) (5,700)$ (0.6%)7. Rentals (457,509) (743,995) (549,505) (630,187) (583,670) 9.6%(424,305) (495,700) 71,395$ 16.8%8. Other Departmental Revenue (104,757) (1,065,541) (295,296) (553,973) (488,531) 67.9%(40,000) (176,430) 136,430$ 341.1%9. Licenses and Permits (1,449,773) (1,712,508) (1,698,765) (1,529,032) (1,620,349) 8.2%(1,457,226) (1,480,100) 22,874$ 1.6%10. Fines and Forfeits (242,354) (238,387) (299,237) (276,381) (259,992) 11.1%(150,000) (215,000) 65,000$ 43.3%11. Investment Income (172,420) (124,002) (199,775) (207,654) (165,399) 7.6%(125,000) (135,000) 10,000$ 8.0%12. Miscellaneous Recurring (44,762) (11,388) - - (18,717) (100.0%)- - -$ na13. Miscellaneous Non-Recurring (Indirect Costs) (589,800) (1,030,229) (706,958) (619,300) (775,662) 9.5%- - -$ naIII. STATE LOCAL AID(2,346,913) (3,188,722) (3,287,323) (3,077,657) (2,940,986) 18.4%(3,320,527) (3,320,527) -$ 0.0%TOTAL GENERAL FUND REVENUE (80,428,335) (86,219,015) (90,282,026) (93,441,132) (85,643,126) 3.9% (91,861,323) (94,945,164) 3,083,841$ 3% FINAL DRAFT January 17, 2018 Town of Nantucket – Capital Program Committee FY19 Report and Recommendations FINAL DRAFT January 17, 2018 TABLE OF CONTENTS Introduction ........................................................................................................................................................ 1 Summary of Capital Allocations (by Account & Department) ......................................................... 2 General Fund Accounts ................................................................................................................................. 2 Enterprise Fund Accounts ........................................................................................................................... 2 Funding Sources ................................................................................................................................................ 3 General Fund Accounts ................................................................................................................................. 3 Enterprise Accounts ....................................................................................................................................... 3 FY19 Request ≥ $1M (by Account w/Project Code) ............................................................................ 4 General Fund Accounts ................................................................................................................................. 4 Enterprise Fund Accounts ........................................................................................................................... 4 Projected Impacts ............................................................................................................................................. 5 Taxpayer & Ratepayer Rates ...................................................................................................................... 5 Debt Service – Principal & interest........................................................................................................... 6 Statement of Procedures ................................................................................................................................ 7 Procedural Recommendations .................................................................................................................... 8 Appendices: Appendix A – Capital Requests by Account & Department (incl. Request Descriptions) Appendix B – Capital Requests by Funding Source Appendix C – Typical MA Municipal Capital Funding Sources Appendix D – Town of Nantucket Tax Rate History FINAL DRAFT January 17, 2018 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 adopted by the Board of Selectmen after deliberation on November 16, 2016 (FP&P). 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—we take this opportunity to thank all involved for their timely contributions. Respectfully, the Town of Nantucket Capital Program Committee: Welch, Stephen – Chair Kaizer, Peter – Vice Chair Hussey, Richard – Secretary Bridges, Jason – Board of Selectmen Representative Kickham, Christy – Member-At-Large Representative Lowell, Nathanial – NP&EDC Representative McEachern, Peter – Finance Committee Representative FINAL DRAFT January 17, 2018 Page 2 of 9 SUMMARY OF CAPITAL ALLOCATIONS (BY ACCOUNT & DEPARTMENT) For FY19, of 67 requests totaling $86.49M, the Capital Program Committee recommends capital allocations totaling $65.89M. See too: “Appendix A – Capital Requests by Account & Department (incl. Request Descriptions)” GENERAL FUND ACCOUNTS Dept. Public Works (DPW) $27.23M DPW - Facilities $3.45M DPW - Fleet Management $.54M DPW - Parks & Recreation $.05M DPW - Traffic Management Projects $.08M DPW - Transp. Maintenance Programs $1.1M DPW - Transp. Improvement Projects $18.06M DPW - Stormwater Management $3.95M Fire Dept. $.09M Information Technology Services & GIS $.19M Police/Harbormaster $3.45M School $.85M General Fund Accounts Total: $31.81M ENTERPRISE FUND ACCOUNTS Airport $7.55M Our Island Home (OIH) $.63M Sewer $20.24M Solid Waste $1.18M Siasconset Water (SWCO) $.3M Wannacomet Water (WWCO) $4.19M Enterprise Accounts Total: $34.09M FINAL DRAFT January 17, 2018 Page 3 of 9 FUNDING SOURCES For purposes of this report, funding sources referenced herein below 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” Page “Procedural Recommendations” below, bulleted point ‘Annual Process – Timeline’. GENERAL FUND ACCOUNTS Capital Exclusions $1.55M Req. Capital from Operating* $.9M Debt Exclusions $23.33M Free Cash $4.51M Other Funding Sources $1.52M Article Reappropriation $.1M Affordable Housing Tr. Fund $.4M Bond Proceeds $.02M State Grant $1.M General Fund Accounts Total: $31.81M * = 1% of total Town local receipts collected in the prior fiscal year plus 1% of the total real estate and personal property taxes collected in the prior fiscal year ENTERPRISE ACCOUNTS Direct Appropriation $.7M Enterprise Borrowings $18.18M Enterprise Retained Earnings $3.68M Other* $11.53M Airport Imprv. Prog. (AIP) Grants $5.95M State Revolving Funds (SRF)** $5.58M Enterprise Accounts Total: $34.09M * = Appendix C for descriptions ** = Low interest loans FY19 (occasionally grant funding is available). FINAL DRAFT January 17, 2018 Page 4 of 9 FY19 REQUEST ≥ $1M (BY ACCOUNT W/PROJECT CODE) GENERAL FUND ACCOUNTS DPW-19-003 $2.3M Nantucket DPW Facility Improvement Project DPW-19-006 $14.M Old South Road Corridor Improvements DPW-19-009-3 $3.5M Stormwater: Phase I - Design & Construction PUBL-20-001 $3.45M Town Pier Office Building/Public Restroom TRAN-17-006 $1.M Annual Town-wide Pavement Improvements (±5.5 miles per year) TRAN-19-008 $1.31M Waitt Drive/Amelia Drive/2FG Park & Ride - Design & Construction TRAN-19-011 $1.08M Sparks Ave Sidewalk (Surfside to Milestone) - Complete Streets ENTERPRISE FUND ACCOUNTS NMA-19-010-2 $5.5M Taxiway E Mill & Overlay (AIP Project) Sewer-18-004 $2.M CMOM Program Sewer-19-006 $5.52M Sewer Mains Replacement within WWCO Project Areas I Sewer-19-007 $5.1M Surfside Roads Area Sewer System Improvements Sewer-19-008 $1.1M Surfside WWTF Phase 2 Upgrades Sewer-19-009 $3.42M Sewer Mains Replacement within WWCO Project Areas II Sewer-19-020 $1.04M National Grid L8 Feeder Project Area Sewer Replacements WWCO-19-001 $3.53M Water Main Replacements Note: Sort is by Plan-It project code, for additional information see attached “Appendix A – Capital Requests by Account & Department (incl. Request Description)” FINAL DRAFT January 17, 2018 Page 5 of 9 PROJECTED IMPACTS TAXPAYER & RATEPAYER RATES If capital allocations are funded as recommended herein, projected impacts are as follow: Taxpayer: (Residential, Commercial/Industrial/Personal Property, Open Space) Project/Purpose Type of Exclusion Residential Com./Ind./PP Open Space Proj. Incr. Proj. Rate Proj. Incr. Proj. Rate Proj. Incr. Proj. Rate Sparks Ave Sidewalk - Surfside to Milestone* Debt Exclusion $ 0.0024 $ 3.5324 $ 0.0050 $ 5.9750 $ 0.0049 $ 3.3449 Nantucket DPW Facility Improvement Project Debt Exclusion $ 0.0069 $ 3.5369 $ 0.0127 $ 5.9827 $ 0.0092 $ 3.3492 Stormwater System Improvements Debt Exclusion $ 0.0078 $ 3.5378 $ 0.0143 $ 5.9843 $ 0.0101 $ 3.3501 Town Pier Office Bldg. & Public Restrooms** Debt Exclusion $ 0.0074 $ 3.5374 $ 0.0135 $ 5.9835 $ 0.0097 $ 3.3497 Old South Road Corridor Improvements Debt Exclusion $ 0.0455 $ 3.5755 $ 0.0779 $ 6.0479 $ 0.0457 $ 3.3857 (1x) Capital from Operating Budget*** 1xCapital Exclusion $ 0.0828 $ 3.6128 $ 0.1411 $ 6.1111 $ 0.0811 $ 3.4211 Totals: $ 0.1528 $ 3.6828 $ 0.2645 $ 6.2345 $ 0.1608 $ 3.5008 Assumptions: - FY18 Residential Mill Rate before Debt or Capital Expenditure is $3.53, based on appr. values/rates using shift of 1.70 & 25% Res. Exempt. - FY18 Commercial/Industrial/Personal Property Mill Rate before Debt or Capital Exp. is $5.97. - FY18 Open Space Mill Rate before Debt or Capital Exp. is $3.34. * = State grant (potential $.4M) not currently included in Mill Rate calculations ** = State grant (anticipated $1M) included in Mill Rate calculations ***= Paid from FY19 General Revenue; see “Appendix B – Capital Requests by Funding Source" for projects See too: “Appendix D – Town of Nantucket Tax Rate History” 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. The foregoing is presumed accurate for the Town of Nantucket Sewer Dept., through the Town of Nantucket Sewer Commission. 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. FINAL DRAFT January 17, 2018 Page 6 of 9 DEBT SERVICE – PRINCIPAL & INTEREST See following links for General Fund and Enterprise Fund Amortization Tables, which are based on the following assumptions: Debt amortized over a period of between 15 to 20 years with an interest rate of 3.5%. General Fund Amortization Tables http://www.nantucket-ma.gov/DocumentCenter/Home/View/18276 Enterprise Fund Amortization Tables http://www.nantucket-ma.gov/DocumentCenter/Home/View/18275 FINAL DRAFT January 17, 2018 Page 7 of 9 STATEMENT OF PROCEDURES CapCom maintained and undertook certain initiatives to address FP&P objectives. Of note at this time: Department Liaisons. 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 and provide supplemental insight to CapCom. This is the 2nd year of the initiative and considered a regular process. Rankings & Prioritization. To complete various FP&P objectives in a comprehensive and transparent manner while ensuring process-related goals were met an Analytical Hierarchy Process framework was developed and deployed. The framework provides ranking and prioritization of FP&P criteria, and then in relation, ranking of capital requests, the result being a Rank of Relative Importance (RORI) for each request. Some design goals included: Equalization of member-input on a criterion-by-criterion and request-by-request basis, standardizing evaluation and recommendations amongst CapCom members of differing experience; and, to generally assist in group decision-making while limiting anecdotal and preferential tendencies. This is the 1st year of the initiative. The framework accomplished intended objectives; we consider this fundamental to our process going forward. Intra-committee informationals and paperless input and reporting (through database interoperability) are anticipated for more improved results and to relieve otherwise unnecessary staff burden. CIP Request Form. The capital request form is designed to streamline comprehensive evaluation required under the FP&P. The form captures and presents essential information in one place for varied use and access throughout the capital planning process. As conceived the form is a data-entry point for a relational database; together, the form and database will eliminate redundancy and potential for human error in the entering, transmitting and repurposing of essential information. See also, following “Relational Database”. Relational Database. This is a solution expected for FY20, working with the Finance Department through an outside service provider. As conceived, it provides paperless data entry and automated reporting, limiting redundancy and leveraging capacity of staff. It is a platform and repository of essential information necessary to begin to help manage the capital planning process as the Town faces increased capital acquisition and management requirements. Beyond consolidation of CIP Request Form data and capital request evaluation it can be made to provide fully customizable data-set manipulation useful for analyses and reporting (including to provide data for fiscal modeling using one-source data). Also, if so chosen, scalability and interoperability is available to perpetuate one- source data for Town procurement and project management use and for capital asset & service-life evaluations, and generally to help with systemization of the Town’s infrastructure and capital asset management in a centralized manner. FINAL DRAFT January 17, 2018 Page 8 of 9 PROCEDURAL RECOMMENDATIONS The Town’s aging infrastructure and equipment require replacement as our growing population expands the Town’s need for capital improvements and greater inventory. As a result, the Town’s capital needs are projected to increase in a relatively dramatic fashion for a sustained period. Faced with these challenges and the stewardship of responsible governance, a robust and effective CIP is essential. Also essential, 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 ground work. In conjunction with existing programming and 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: Funding: Consider an increase in the Town’s annual minimum allocation for capital allocations. Currently, requirement is for a minimum of 1% of total Town local receipts collected in the prior fiscal year plus 1% of the total real estate and personal property taxes collected in the prior fiscal year. In FY19 the total minimum contribution is approximately $.9M (vs. $65.89M necessary for reasonable capital requests). We are not suggesting a particular increase at this time; however, we believe funding initially determined and periodically reevaluated in conjunction with a biennial “CIP Capacity & Funding Analysis” greatly serves the Town’s interests. (See below, Biennial Procedure -“CIP Capacity & Funding Analysis”). Annual Procedure - Congregational Planning. Institutionalize robust, highly-effective capital-related planning amongst the Town’s fiscal planners, including regularly scheduled face-to-face planning sessions of initially BOS, CapCom, FinCom, and our Town Manager (and Finance Department); to establish and perpetuate clear and consistent direction that appropriately leverages resources and capacity, translating plans into action consistent with community-determined needs and expectations. [In other words, to focus on capital outcomes that matter most to Nantucket’s long term goals on a needs-based timeline integrating long-term fiscal planning.] Foregoing, to include at its foundation, current fiscally-oriented analysis of community strategic plans, comprehensive plans, facility/asset master plans, and results of recommendations proposed separately herein (e.g. “CIP Capacity & Funding Analysis”); and to, at strategic times on regular intervals, include Department Heads, and commissions, trusts, boards and committees (e.g. NP&EDC, CPC, AHTF) involved in any aspect of Nantucket’s capital investments or economic development or bearing; and to include regularly by direct involvement, other constituents and interested parties, and of course citizens. Annual Process - Timeline: Reevaluate and adjust as necessary to ensure a well-timed process, sufficient to facilitate CapCom’s actions as required: To better anticipate and assess expected revenue and expenditure trends and to evaluate the affordability of financing strategies; and, with these and other tools and information, to make recommendations on funding sources for each request; to appropriately evaluate and prioritize out-years; and, as required to meet the host of other requirements stated within the FP&P. [This is a tremendous amount of scope for a volunteer committee without dedicated staff.] FINAL DRAFT January 17, 2018 Page 9 of 9 Biennial Procedure - “CIP Capacity & Funding Analysis”: To reasonably inform fiscal determinations by laypersons involved in the Town’s capital planning process and required otherwise for sound strategic fiscal policy decisions, biennially model the 10-year CIP to include debt burden, prospective debt issuance, and other relevant metrics from which the Town’s anticipated debt service and capacity can be measured, or at least anticipated, to timely deliberate upon and set fiscal policy & procedure; include distant out-years to establish orders of magnitude. Semiannual Procedure - Capital Project Reporting: Include twice annually a reporting session hosted by CapCom, attended by relevant departments, to monitor approved requests, including expenditures then to-date, any necessity for supplemental funds, scheduling, and discontinuances (if any) and to identify any not perpetuate capital planning shortfalls. Centralize Capital Asset Management: More Growing Pains. By necessity at this point, various entities work on capital asset management under competing priorities, making it impractical to expect comprehensive management of the Town’s existing and rapidly expanding capital inventory or even the CIP envisioned under the FP&P. When everyone is responsible, no one can be fully responsible (or accountable). One concept of centralized management might take the form of a directorship, i.e. one-point responsibility to program, manage and administer: Capital requests including reporting to oversight entities; to assess and assist in budget and other strategic planning; and, to help manage relevant decision- making and capital-program leadership. This, to include a set of software-based solutions that automate and enhance intended outcomes. Pre- and post-procurement, construction and acquisition services might be included as an area of responsibility to good effect. Such an initiative, deployed under Finance Dept. and answerable to our Town Manager, would reasonably free department heads and Town administration to accomplish other more mission-critical tasks. To some extent, if not wholly, the initiative could be ‘self-funded’ from savings created by bringing expensive owner project management services in-house, i.e., a service under the directorship. To encapsulate the concept into a single term for now, “Capital Asset & Needs - Director of Operations” (CAN DO) works. [It has become a common best practice across industries to centralize capital asset management, leveraging vertical and horizontal integration of asset inventories, maintenance plans, replacement schedules and cost projections, among others, providing highly-effective paths of accountability (including through a sense of ownership at user-level and beyond) and the insight and information required for long-term fiscal planning (including through accurate real-time gauging of capital maintenance and improvement cost requirements). If adopted, Town secures and advances a safety, reliability, maintainability and budgeting ‘Swiss Army knife’ adaptable and responsive to each layer of the Town’s capital need.] Carefully developed and implemented, these recommendations create efficiency, savings and greater credibility with taxpayers, ratepayers, and others. While some involve procedural changes absorbable through longer-term scheduling of processes, others require funding to properly complete FP&P objectives. In either regard, special attention is required to limit priority- related conflicts amongst and between Town staff and other resources, moreso during high- intensity periods (e.g., during preparation and presentation of annual operating budget). Plan-It No. Dept./Request FY19 Rqst.CapCom Rec. Annual Facility Roof Repairs (various locations)$.15M $.15M Annual Facility Accessibility Upgrades (based on Town Transition Plan)$.05M $.M Annual Facility Utility Updates (Building Systems & Infrastructure)$.15M $.15M Annual Facility Site Paving Updates $.25M $.25M Annual Public Bathrooms Updates $.25M $.25M Annual Facility Equipment Replacements $.1M $.1M Annual Facility Lighting Updates (interior and exterior)$.05M $.M Nantucket DPW Facility Improvement Project $18.M $2.3M Jetties Beach Facility (Building Systems & Infrastructure) Assess, Design & Construction $.1M $.1M Surfside Beach Facility (Building Systems & Infrastructure) Assess, Design & Construction $.08M $.08M Children's Beach Facility (Building Systems & Infrastructure) Assess, Design & Construction $.08M $.08M Loader (CAT 938M) with Bucket and Plow $.23M $.M Tracked Aerial Lift (CMC 83HD+ Arbor Pro) $.13M $.13M Rubber-tired Vibratory Roller (CAT CS44) w/ trailer $.13M $.13M Skid Steer (CAT 299D2 XHP) w/ trailer $.12M $.12M 1-ton Stake Body Truck w/ plow $.09M $.09M 1-ton Dump Truck w/ plow $.09M $.09M Operations/Facility Managers Vehicle w/ plows & onboard computers $.06M $.M Parks Master Plan $.1M $.05M Initiate the Master Plan process incl. but not limited to: Inventory, needs & uses, cost factors, etc. Permanent Traffic Data Collection Stations (6 total) Yearly Total for Transportation $.08M $.08M Annual Town-wide Pavement Improvements (±5.5 miles per year)$1.M $1.M Annual Multi-Use Path Improvements (±2 miles per year)$.1M $.1M Sparks Ave Sidewalk - Surfside to Milestone (Complete Streets Program -#1 Rank)$.68M $1.08M Surfside (Lover's/Orkawaw/Monohansett) Improvements (Design/Construction)$.53M $.53M DPW-19-001-5 DPW-19-001-6 DPW-19-001-7 DPW-19-010 TRAN-19-015 FAC-19-005 FAC-19-006 FAC-19-007 FAC-19-008 FAC-19-004 FAC-19-009 FAC-19-010 DPW-19-003 DPW-19-002-1 DPW-19-002-2 DPW-19-002-3 DPW-19-001-1 DPW-19-001-2 DPW-19-001-3 DPW-19-001-4 Equipment required for gravel/sand roadway improvement in support of grader-work. Multi-use Equipment (Roadside & bike path, right-of-way mowing, loading, snow clearing, bike path sweeping). Equipment for necessary functions with versatility to support recycling or line painting crews. Equipment required for year-round daily use. Equipment required supervising/supporting work crews. DPW Facilities Fleet Management Annual repairs necessary to maintain functioning facilities. Determine scope of repairs req. to maintain functioning facilities; repairs/improvements funded in an out-year. Determine scope of repairs req. to maintain functioning facilities; repairs/improvements funded in an out-year. Determine scope of repairs req. to maintain functioning facilities; repairs/improvements funded in an out-year. Annual repairs based on Town Transition Plan--CapCom understands this to be sidewalk-related. Needed updates necessary to maintain functioning facilities. Annual repairs necessary to maintain functioning facilities. Annual repairs necessary to maintain functioning facilities-public bathrooms are critical to positive tourist experience. Annual repairs necessary to maintain functioning facilities. Annual repairs necessary to maintain functioning facilities. OPM & Design costs to establish RFP and design bids for FY20 Capital Request; improvements intended to address facility and related operating deficiencies identified by Facility Needs Assessment & Feasibility Study commissioned by Town through Weston & Simpson engineers. Appendix A – Capital Requests by Account & Department (incl. Request Descriptions) GENERAL FUND ACCOUNTS Parks Traffic Management Projects Transp. Maintenance Programs Transp. Improvement Projects Procure & install six permanent traffic data collection stations. Three locations recommended for FY19 and funding for three additional locations will be requested in FY20: Washington St, Orange St, Sparks Ave, Old South Rd, Surfside Rd, Madaket Rd. Garage Apron DPW (test), Landfill Drive (config. & widening), Main St. (reset cobbles and bricks = approx. $500,000), Milk St. (mill & overlay = $247,526), Surfside Rd (mill & overlay; bike path and entrance raised at Tashama, McLean, Larabee). Maintenance & resurface existing sections of multi-use paths; Old South Rd, Polpis Rd, Nobadeer Farm Rd, Madaket Rd. Sidewalk improvements identified in the Regional Transportation Plan (RTP) including repairs, widening, and construction of new accessible sidewalks. Mass DOT Complete Streets funding anticipated for $400K, for priority sidewalk projects. Final portion of a phased approach to design (using FY17 appropriation), bid, and construct a roadway and path along Boulevarde, Lovers Lane, Okorwaw Avenue, and Monohansett Road. This new facility will consist of two 11 foot lanes and a minimal 8 foot wide path with grass buffer to improve access for all users between Surfside Rd and Airport Rd. TRAN-17-006 TRAN-19-002 TRAN-19-11 TRAN-17-005 Additional loader required to assist/relied upon for many functions from snow& ice to tree work. Equipment required for tree work and other man-lift functions. A-1 of 4 Plan-It No. Dept./Request FY19 Rqst.CapCom Rec. Appendix A – Capital Requests by Account & Department (incl. Request Descriptions) Four Corners Mini-Roundabout (Design/Construction)$.11M $.11M Supplemental funding to finalize design for the intersection improvement at Four Corners. Four Corners (Sparks Ave, Surfside Rd, Atlantic Ave, Prospect St). Bartlett @ Surfside Roundabout (Construction Services)$.07M $.07M Supplemental funding to complete the design for a roundabout. FY17 appropriation funds up to preliminary design. This request is for 75%, 100% plans, specifications & estimates (PS&E), and construction phase services. Surfside Rd at Bartlett Rd. Old South Road Corridor Improvements $14.91M $14.M Waitt Drive/Amelia Drive/2FG Park & Ride - Design/Construction $1.31M $1.31M Pleasant Street Sidewalk (NGRID L8 Project) - Design/Construction $.45M $.45M Massasoit Bridge Redesign w/ Construction $.25M $.25M Millie's Bridge Redesign w/ Construction $.25M $.25M Stormwater: Vac-Con Truck $.35M $.35M Stormwater: CCTV Phase II $.1M $.1M Stormwater: Phase I - Design & Construction $3.5M $3.5M SCBAs Replacements $.09M $.09M Server Virtualization $.19M $.19M Town Pier Office Building/Public Restrooms $3.45M $3.45M Safety & Security - NHS interior vestibule $.45M $.45M Playgrounds & Field Improvements Phase II - NIS playgrounds $.4M $.4M Central Office Addition $.55M $.M GENERAL FUND ACCOUNTS SUBTOTALS:$49.M $31.81M ADMIN-17-002 PUBL-20-001 NPS-19-001 NPS-19-006 NPS-19-004 TRAN-19-013 DPW-19-009-1 DPW-19-009-2 DPW-19-009-3 FIRE-19-004 Further improve the property abutting the Backus Lane playing fields. With the new Intermediate School opening September 2017 we need to add playground areas for their use. We also need to move the Varsity Baseball program to this area. This request is supplemental to the ATM18 appropriation and is needed to complete this project. Construct an addition on the Central Office building at 32 First Way. The addition will include offices to move the Special Services offices, the IT Director’s office, the English Lerner Director’s Office and a much needed Conference Room. The addition will be approximately 1,500 square feet. These offices are currently housed in the High School & Elementary School because of the lack of office space campus wide. This request includes money for design and construction. This 3-year construction effort will begin actions based on our stormwater management plan. Replace aging air packs (SCBAs) with new packs. Increasing firefighter safety and lowering cost of service and repairs. New and/or replacement servers - setup of virtualized environment, decreasing future req. capital investment. Replace existing public restrooms/showers and Harbormaster office space. $1M state grant securable. Construct an interior vestibule inside the main lobby of the High School. The project will include the renovation of the front office to include an Administrative Assistants slide window, interior and exterior cameras, new interior doors that lock/unlock via security software as well as bullet proof construction materials. Survey and design services to fill gaps in the existing sidewalk network and improve existing sidewalks along Pleasant St between Five Corners and West Creek Rd. As this project area includes an area of concern at the intersection of Williams Ln, as well as streetscape concerns on the north side of Pleasant St between Daves St and West Creek Rd, survey and conceptual design for those improvements will be incorporated into the scope of this request. These areas are in the Town's Complete Streets Prioritization Plan. Pleasant St between Five Corners and West Creek Rd (+/-2,881LF). Aged infrastructure requiring redesign for long-term use incl. coastal resiliency. Aged infrastructure requiring redesign for long-term use incl. coastal resiliency. Stormwater maintenance equipment to clean-out debris from drains/basins. Stormwater infrastructure is failing town-wide, this 3-year data gathering effort will inform our stormwater management plan. IS GIS Police / Harbormaster School Stormwater Management Survey and design of roadway, circulation, and on street / municipal parking lot improvements within and in the vicinity of the Town's Fairgrounds Road parcels. Improvements to be designed include a preferred alternative for the profile of Amelia & Waitt Drive and additional access to 2 Fairgrounds Rd parking lot using Old South Rd, Amelia Drive, and Waitt Drive. Amelia Drive (+/- 1,340LF), Waitt Drive (+/-850LF), 2 Fairgrounds Rd Parking Lot (+/-1,300LF of driveway access). TRAN-17-010 DPW-19-006 TRAN-19-008 TRAN-19-007 TRAN-19-012 TRAN-20-001 Significant road, intersection and multi-use path improvements to create safer, more efficient connectivity for vehicle use, bicycle and pedestrian travel, and transit access, while helping to ensure no stop lights are necessary for the foreseeable future at major intersections with the corridor. Fire Dept. A-2 of 4 Plan-It No. Dept./Request FY19 Rqst.CapCom Rec. Appendix A – Capital Requests by Account & Department (incl. Request Descriptions) Lights Improvement (AIP Project)$.76M $.76M Door Replacement (Infrastructure)$.1M $.1M Taxiway E Mill & Overlay (AIP Project)$5.5M $5.5M GSE Garage Construction (Infrastructure)$2.3M $.M Seasonal Holdroom Expansion / Structured Awning (Infrastructure)$.35M $.65M Construct a temp. structural awning to increase size of waiting space at airline boarding gates. Paint & Beads & Rubber & Markings Removal (Maint & Equip)$.48M $.48M Security & Custodial Vehicle $.06M $.06M Supplemental Funding $.63M $.63M Pine Valley Pump Station $.25M $.25M Airport Road Pump Station $.25M $.25M Pickup Truck Replacement $.06M $.06M CMOM Program $2.M $2.M Town Water to Plant & Staff Housing $1.M $.6M Building Foundation and Utilities $.2M $.2M Perimeter Fencing $1.M $.M Sparks Ave Rehab $.25M $.25M Sewer Mains Replacement within WWCO Project Areas I $5.52M $5.52M Sewer Mains Replacement within WWCO Project Areas II $3.42M $3.42M Surfside Roads Area Sewer System Improvements $5.1M $5.6M Surfside WWTF Phase 2 Upgrades $1.1M $.6M National Grid L8 Feeder Project Area Sewer Replacements $1.04M $1.04M Sewer-19-008 Sewer-19-020 NMA-19-002 NMA-19-004 OIH-19-010 Sewer-17-005 Sewer-17-007 NMA-19-010-1 NMA-19-011-1 NMA-19-010-2 NMA-19-011-2 NMA-19-011-3 Approximately 130 centerline and 185 touchdown lights on the airfield used in low visibility conditions are in need of replacement. Additionally, the lights are now switching to LED lights as the current lights have been used for approximately 20 years (and repairing if possible as needed) are now beyond repair. Ford F150 will replace the current 2005 Ford Ranger that the custodians use for trash removal. FAA Part 139 requires the airfield markings to meet certain standards. NMA has developed a multi year plan to break out the removal and re-painting of the airfield. FAA requires that no more than 4 layers of paint can be on the runway/taxiway before the layers would have to be removed. Previously performed by MASS DOT Will house aircraft ground service equipment such as aircraft tugs, GPU's, lavatory carts, fueling stairs, passenger golf carts and other equipment. We have out grown our current storage facility and using alternate means of storage or leaving equipment outside exposed to moisture and corrosion. To re-surface Taxiway Echo (including run-up pads) by milling and overlaying the existing asphalt. The last year pavement improvement was completed on this taxiway was in 1985 / 1986 and again crack sealed in 2004. Total length of the taxiway is 6,605ft x 52 ft. (150ft wide at each run-up end). Requesting authorization to replace the 6 with the highest need of replacement due to the security related issues. These particular doors are linked to the ID Access Control. We have managed to repair enough to get through the summer, however, these doors specifically, could soon be beyond repair. This request is to fund required sewer infrastructure replacement along the National Grid L8 area from Candle St. out onto the Milestone Rd. Replacement vehicle (pickup truck). Upgrade 1989 pump station acquired in 2004; replace wet well, pumps & control that have a 1-hour window before station overflows. Upgrade 1986 pump station that has had a major failure; replace pumps and controls that have a 1-hour window before station overflows. To coordinate additional upgrades to treatment plant; omitted previously to meet original appropriation. Sewer main replacements in conjunction with WWCO water main replacements (approx. 8,000LF). Approx. 170,000GPD of I/I to be removed; areas include but are not limited to: NLIBERTY, LILY, GROVE LN, DERRYMORE, NANTUCKET AVE, LINCOLN. Sewer main replacements in conjunction with WWCO water main replacements (approx. 11,930LF). Approx. 240,000GPD of I/I to be removed; areas include but are not limited to SILVER, EAGLE, ORANGE, BACK, PLEASANT, ATLANTIC, MULBERRY, COON, BEAVER, SPRING, DAVE, CHERRY, YORK, W.CREEK. Evaluation and replacement of aging sewer infrastructure in the Sparks Ave area. Part of L8 proposed project. Fencing to secure buildings and sewer beds (approx. 7K LF). Foundation and utilities (sewer, water and electrical) for building on piers and for future repurposing; water ties into main facility service. Extension and installation of a water main to the WWTF and Town housing. South Shore Road, Hillside Ave housing. Continuation. 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. Island-Wide Depending on CCTV, manhole inspections, infiltration & inflow analysis, capacity analysis. To completely replace sewer infrastructure within the tributary area to the Surfside Pump Station Approx. 5,600LF of sewer mains and Rehab and Upgrades to the 32 year old Surfside Pumping Station. Our Island Home Sewer Supplemental funding to perform numerous upgrades of the facility and address some non-compliance issues. Such upgrades include the shower rooms, enclosure of the electrical panel, handicap access to 'snack bar,' and side wall work. Sewer-17-011 Sewer-18-004 Sewer-18-008 Sewer-18-011 Sewer-19-002 Sewer-19-005 Sewer-19-006 Sewer-19-009 Sewer-19-007 Airport ENTERPRISE FUND ACCOUNTS A-3 of 4 Plan-It No. Dept./Request FY19 Rqst.CapCom Rec. Appendix A – Capital Requests by Account & Department (incl. Request Descriptions) Jetties Beach Bathing Beach Road Sewer & Stormwater Pressure Main $.45M $.45M Materials Recovery Facility (MRF) replace cardboard baler $.3M $.3M Materials Recovery Facility (MRF) repairs to sorting station $.18M $.18M Landfill Mining $.7M $.7M Water Tank Maintenance $.3M $.3M Water Main Replacements $3.53M $3.53M Water Tank Maintenance $.66M $.66M ENTERPRISE ACCOUNT FUNDS SUBTOTALS:$37.49M $34.09M TOTALS:$86.49M $65.89M Note: With minor exception, descriptions above are as submitted by respective department head. SWEF-17-003 SWCO-19-002 WWCO-19-001 WWCO-19-002 Sewer-19-021 SWEF-19-001 SWEF-19-002 Spot sanding and recoating inside and out: North Pasture Water Tank, Washing Pond Water Tank. Replace aging mains, valves and service connections: Silver (750LF), Eagle Ln (400 LF), Orange (1,970LF), New (715LF), Pleasant (725LF), Flora (350LF), Coon (400LF), Beaver (450LF), Spring (450LF), Dave (575LF), Meader (400LF), Cherry (750LF), York (1,175LF); Incl. 15% Engineering/Management; costs calculated @ $250/LF for 8" main & $325/LF for a main larger than 8". Spot sanding and recoating outside steel on the Sconset Water Tank; concrete pedestal to be treated during steel recoating. Last permitted year of landfill mining before capping is required. Replace failing sewer main from Jetties/concession bldg. - low back pitch [Urgent vs. planning/design provided in DPW-19-002-1 Jetties]. Repairs to sorting station. Solid Waste SWCO WWCO Replace cardboard baler. A-4 of 4 Dept.Plan-It No. Request CapCom Rec. DPW DPW-19-001-2 Tracked Aerial Lift (CMC 83HD+ Arbor Pro) (10-year life cycle)$.13M DPW DPW-19-001-4 Skid Steer (CAT 299D2 XHP) w/ trailer (5-year life cycle)$.12M DPW DPW-19-001-5 1-ton Stake Body Truck w/ plow (10-year life cycle)$.09M DPW DPW-19-001-6 1-ton Dump Truck w/ plow (5-year life cycle)$.09M DPW DPW-19-009-1 Vac-Con Truck (related to Stormwater)$.35M DPW DPW-19-009-2 CCTV - Continuation of work begun in FY18 $.1M Fire FIRE-19-004 Self Contained Breathing Apparatus (SCBA)$.09M IT/GIS ADMIN-17-002 Server Virtualization $.19M School NPS-19-006 Playground $.4M Total Capital Exclusions:$1.55M DPW TRAN-19-012 Massasoit Bridge - Engineering $.25M DPW TRAN-19-013 Millies Bridge - Engineering $.2M School NPS-19-001 High School Vestibule $.45M Total Req. Capital from Operating:$.9M DPW DPW-19-009-3 Stormwater Improvements $3.5M DPW FAC-19-003 DPW Garage $2.3M Police/Marine PUBL-20-001 Town Pier Office Building/Public Restrooms $2.45M Transportation DPW-19-006 Old South/Milestone Road Corridors Improvements $14.M Transportation TRAN-19-11 Sparks Ave Sidewalk - Surfside to Milestone (Complete Streets Program)$1.08M Total Debt Exclusions:$23.33M DPW DPW-19-001-3 Rubber-tired Vibratory Roller (CAT CS44) w/ trailer (10-year life cycle)$.13M DPW DPW-19-002-1 Jetties Beach Facility (Building Systems & Infastructure) Assess, Design, & Construction $.1M DPW DPW-19-002-2 Surfside Beach Facility (Building Systems & Infastructure) Assess, Design, & Construction $.08M DPW DPW-19-002-3 Children's Beach Facility (Building Systems & Infastructure) Assess, Design, & Construction $.08M DPW DPW-19-010 Parks $.03M DPW TRAN-17-005 Surfside Area Roads $.53M DPW TRAN-17-006 Island Wide Road Repair $1.M DPW TRAN-19-013 Millies Bridge - Engineering $.05M DPW TRAN-19-015 Traffic Data Collection System $.08M Facilities FAC-19-004 Annual Public Bathrooms Updates $.25M Facilities FAC-19-005 Annual Facility Roof Repairs (various locations)$.15M Facilities FAC-19-007 Annual Facility Utility Updates (Building Systems & Infrastructure)$.15M Facilities FAC-19-008 Annual Facility Site Paving Updates $.25M Facilities FAC-19-009 Annual Facility Equipment Replacements $.1M Transportation TRAN-17-010 Bartlett/Surfside Roundabout $.07M Transportation TRAN-19-007 Pleasant Street Sidewalk $.45M Transportation TRAN-19-008 Waitt Drive/Amelia Drive/2FG Park & Ride $.91M Transportation TRAN-20-001 4 Corners Intersection $.11M Total Free Cash:$4.51M DPW DPW-19-010 Parks*$.02M DPW TRAN-19-002 Multi-Use Paths**$.1M Transportation TRAN-19-008 Waitt Drive/Amelia Drive/2FG Park & Ride***$.4M Police/Marine PUBL-20-001 Town Pier Office Building/Public Restrooms****$1.M Total Other Funding Sources:$1.52M GENERAL FUND ACCOUNTS SUBTOTALS:$31.81M * = Bond Procceds ** = Article Reappropriation *** = Affordable Housing Trust Fund (AHTF) **** = State Grant Req. Capital from Operating Debt Exclusions Free Cash Other Funding Sources GENERAL FUND ACCOUNTS Appendix B – Capital Requests by Funding Source Capital Exclusions B-1 of 2 Dept.Plan-It No. Request CapCom Rec. Appendix B – Capital Requests by Funding Source Solid Waste SWEF-17-003 Continuation of Landfill Mining (7th Year)$.7M Total Direct Appropriation:$.7M Airport NMA-19-010-1 Lights Improvement (AIP Project)$.04M Airport NMA-19-010-2 Taxiway E Mill & Overlay (AIP Project)$.28M Airport NMA-19-011-3 Temporary Holdroom Expansion/Structured Awning (Infrastructure)$.65M Airport NMA-19-002 Paint & Beads & Rubber & Markings Removal (Maint & Equip)$.48M Sewer Sewer-18-004 CMOM (Capacity/Maint/OPS/Management $2.M Sewer Sewer-18-008 Town Water Main to Plant and Housing $.6M Sewer Sewer-19-006 Replace Water Mains with WWCO $5.52M Sewer Sewer-19-007 Surfside Area Sewer Improvements $.56M Sewer Sewer-19-008 Surfside WWTF Phase 2 Upgrades $.06M Sewer Sewer-19-009 Replace Sewer Mains within WWCO project areas $3.42M Sewer Sewer-19-020 NatGrid L8 Feeder Project $1.04M Wannacomet WANN-19-001 Water Main Replacement $3.53M Total Enterprise Borrowings:$18.18M Airport NMA-19-011-1 Door Replacement (Infrastructure)$.1M Airport NMA-19-004 Security & Custodial Vehicle $.06M Our Island Home Supplemental Building Renovations Funding $.63M Sewer Sewer-17-005 Pinevalley Pump Station $.25M Sewer Sewer-17-007 Airport Rd Pump Station $.25M Sewer Sewer-17-011 Pick-up Truck $.06M Sewer Sewer-18-011 Building Foundation and Utilities $.2M Sewer Sewer-19-005 Sparks Ave, Sewer Rehab $.25M Sewer Sewer-19-021 Jetties Beach Bathing Beach Road $.45M Siasconset Water SIAS-19-002 Water Tank Maintenance $.3M Solid Waste SWEF-19-001 Materials Recovery Facility (MRF) replace cardboard baler $.3M Solid Waste SWEF-19-002 Materials Recovery Facility (MRF) repairs to sorting station $.18M Wannacomet WANN-19-002 Water Tank Maintenance $.66M Total All Enterprise Retained Earnings:$3.68M Airport NMA-19-010-1 Lights Improvement (AIP Project)$.72M Airport NMA-19-010-2 Taxiway E Mill & Overlay (AIP Project)$5.23M Total AIP Grants:$5.95M Sewer Sewer-19-007 Surfside Area Sewer Improvements $5.04M Sewer Sewer-19-008 Surfside WWTF Phase 2 Upgrades $.54M Total SRF Funding:$5.58M ENTERPRISE FUND ACCOUNTS SUBTOTALS:$34.09M AIP Grants SRF Funding ENTERPRISE FUND ACCOUNTS Direct Appropriation Enterprise Borrowings Enterprise Retained Earnings B-2 of 2 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. Year 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 $86.00 1982 $8.88 $6.85 $13.03 10,000 $88.80 1983 $6.34 $6.20 $9.45 11,967 $75.87 1984 $6.90 $6.76 $10.98 12,000 $82.80 1985 $7.17 $7.02 $11.34 12,004 $86.07 1986 $4.03 $3.96 $6.37 20,363 $82.06 1987 $4.67 $4.61 $7.44 17,485 $81.65 1988 $5.54 $5.47 $8.88 17,383 $96.30 1989 $4.03 $3.91 $7.66 63,666 $256.57 1990 $4.30 $4.17 $8.16 63,972 $275.08 1991 $4.52 $4.44 $8.68 61,771 $279.20 1992 $5.41 $5.31 $10.35 51,608 $279.20 1993 $6.26 $6.12 $11.89 44,585 $279.10 1994 $6.34 $6.20 $12.40 44,889 $284.60 1995 $6.56 $6.40 $12.42 45,235 $296.74 1996 $6.58 $6.42 $12.47 46,052 $303.02 1997 $6.74 $6.53 $12.58 59,456 $400.73 1998 $5.25 $5.08 $9.71 80,598 $423.14 1999 $5.83 $5.62 $10.71 87,689 $511.23 2000 $5.77 $5.55 $10.57 89,600 $516.99 2001 $3.94 $3.79 $7.14 151,337 $596.27 2002 $4.21 $4.05 $7.62 153,165 $644.82 $19.34 2003 $3.42 $3.29 $6.11 210,261 $719.09 $21.57 2004 $3.13 $3.00 $4.73 245,258 $767.66 $23.03 2005 $3.30 $3.16 $4.99 248,178 $818.99 $24.57 2006 $2.84 $2.73 $5.06 316,472 $898.78 $26.96 2007 $2.49 $2.39 $4.46 376,097 $936.49 $28.09 2008 $2.67 $2.56 $4.77 374,402 $999.65 $29.99 2009 $2.76 $2.65 $4.92 375,319 $1,035.88 $31.08 2010 $3.01 $2.88 $5.35 360,135 $1,084.01 $32.52 2011 $3.58 $3.42 $6.41 304,992 $1,091.87 $32.76 2012 $3.62 $3.46 $6.47 297,869 $1,078.29 $32.35 2013 $3.67 $3.51 $6.51 303,664 $1,114.45 $33.43 2014 $3.76 $3.60 $6.68 299,187 $1,124.94 $33.75 2015 $3.61 $3.45 $6.38 336,917 $1,216.27 $36.49 2016 $3.36 $3.22 $5.93 362,525 $1,218.08 $36.54 2017 $3.39 $3.24 $5.99 373,635 $1,266.62 $38.00 2018 $3.53 $3.34 $5.97 486,050 $1,715.76 $51.47 Appendix D – Town of Nantucket Tax Rate History 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. Fiscal Yr Rates