This PowerPoint presentation represents how I present a municipal budget in the form most easily understood by both elected officials and the public alike.

1. JIM THORPE
2012 Budget
Proposal

2. Budget Presentation Assumptions
 As
with last years presentation, all of the items
discussed have been included in the
projections
 All of the Budget Summaries depicted are
actual budget sheets and show fund balance,
total debt, total investments, balance, and
balance with fund balance.

3. General Fund Changes

Three important changes have been made in
the 2012 budget line items.
1)
2)
3)
Expanding the wage line items more completely to
capture Supervisor wages and overtime
Recognize the Tax Anticipation Loan and
repayment from Sanitation
Spreading all Administrative salaries across all
fund centers, including enterprise funds

4. General Fund Summary
 Although
revenue is reduced, a more accurate
picture is created by capturing actual expenses
 Grant fund proceeds from Slaughterhouse
Creek skewed the revenue in 2011
 Average Jim Thorpe residential assessment is
$50,000
 Fund Balance increased from $228K in 2010 to
$345K projected at the end of 2011

5. General Fund Summary
BOROUGH OF JIM THORPE
2012 GENERAL FUND BUDGET
SUMMARY OF REVENUE AND EXPENSE CATEGORIES
REVENUES
2012
EXPENSES
Beginning
01.301
01.305
01.310
01.321
01.331
Fund Balance:
Real Estate Tax
Occupation Taxes
511 Taxes
License/Permits
Fines/Forfeits
$
$
$
$
$
$
345,000
673,740
55,300
543,000
83,000
20,000
01.341
Interest/Rents
$
2,000
01.351
01.352
01.355
01.362
01.380
01.389
Operating Grants
Federal Shared Revenues
State Shared Revenue
Dept. Earnings
Other Revenue
Unclassified Operating Revenue
Total
$
$
$
$
$
$
$
87,000
29,800
4,000
113,340
37,000
152,270
1,800,450
Total Indebtedness
Total Debt Service
Total Investments
$
$
$70,000
12,135
-
01.400
01.409
01.410
01.415
01.430
01.480
2012
General Govt
Building/Plant
Police Dept
Emergency Services
Public Service Expenses
Misc. Expense
TOTAL
$
$
$
$
$
$
$
317,866
129,059
726,185
80,343
519,103
27,862
1,800,418
Revenue
Expenses
Balance
With Fund Balance
$
$
1,800,450
1,800,418
$31
$345,031

6. Water/Sewer Employee
 In
order to begin a program of maintenance of
both our Water and Sewer systems, we have
included an additional “floater” employee to be
cost shared between the water and sewer
funds. This employee will assist Vince when
water pipe is being installed and Eddie when I
& I testing is needed.
 Both budgets already reflect this addition.

7. Water Fund Improvements
 The
item most significantly effecting the water
fund budget is the debt service cost for capital
improvements.
 Refinancing existing debt through MCTC as
well as the maturity of one of the PennVest
loans reduced debt service by over $80K

8. Water Bill Average
 The
average residential user consumes
approximately 4,000 gal. of water per month.
 Based upon this average residential user, cost
for water will remain $48.87 per month.

9. Water Fund Summary
BOROUGH OF JIM THORPE
2012 WATER FUND BUDGET
SUMMARY OF REVENUE AND EXPENSE CATEGORIES
REVENUES
Beginning Fund Balance:
Total Income
2012
$
$
TOTAL
Total Indebtedness
Total Debt Service
Total Investments
149,000
1,162,209
$
1,162,209
$
$
$
7,381,541
436,715
1,800
EXPENSES
Total Expenses
TOTAL
Revenue
Expenses
Balance
With Fund Balance
2012
$
1,155,198
$
1,155,198
$
$
1,162,209
1,155,198
$7,011
$156,011

10. Sewer Fund Changes
 The
largest cost in the sewer fund budget
remains improving, or maintaining performance
at a 45 year old facility.
 Coupled with this are additional fund
allocations relating to permit compliance and
I&I investigation and elimination.

11. Sewer Bill
 In
order to utilize the new technology in meter
reading we have installed, the sewer budget
reflects a transition from flat rate billing to
usage geared billing, driven by water usage.

12. Sewer Fund Summary
 Currently,
the Borough uses a fixed rate
system for billing most customers. In
completing the 2011 budget it became
apparent that the rate structure was flawed
creating disparate treatment of various uses.
 The 2012 proposed sewer budget suggests
sewer bills be calculated at 100% of the water
bill.

13. Sewer Fund Summary
 What
does that mean for the average Borough
resident?
 The following slides suggest what the
proposed changes will represent to the
minimum water user and the average user.

14. Minimum Sewer User
Minimum User
Less than 1,000 gallons per month
Current Proposed
Water Cost
Sewer Cost
Garbage Cost
Total Monthly Bill
$21.69
$35.20
$25.00
$81.89
$21.69
$21.69
$25.00
$68.38

15. Average Sewer User
Average User
4,000 gallons per month
Current Proposed
Water Cost
Sewer Cost
Garbage Cost
Total Monthly Bill
$48.87
$35.20
$25.00
$109.07
$48.87
$48.87
$25.00
$122.74

16. Sewer Fund Summary
BOROUGH OF JIM THORPE
2012 SEWER FUND BUDGET
SUMMARY OF REVENUE AND EXPENSE CATEGORIES
REVENUES
Beginning Fund Balance:
Total Income
2012
$
$
TOTAL
Total Indebtedness
Total Debt Service
Total Investments
475,000
1,099,217
$
1,574,217
$
$
$
3,570,445
310,566
565,532
EXPENSES
Total Expenses
TOTAL
Revenue
Expenses
Balance
With Fund Balance
2012
$
1,052,606
$
1,052,606
$
$
1,574,217
1,052,606
$46,611
$521,611

17. Sewer Fund Summary



As you are aware, we are presently wrapping up a
hydraulic study of the sewer treatment plant to facilitate
improvements and automation to continue to meet our
permit levels.
This study will result in the outlay of at least $90K that
we know of and perhaps another $250 potentially.
We will be scheduling a meeting for the Engineer to
outline his findings in the near future.

18. Sanitation Fund Summary
Clearly, the Sanitation Fund is very well
capitalized. There is no need to change any of
the rate structure since the landfill closure is
completed.
 All that is needed here is to insure that the
proceeds cover the cost of third party solid
waste hauling.


19. Sanitation Fund Summary
BOROUGH OF JIM THORPE
2012 SANITATION FUND BUDGET
SUMMARY OF REVENUE AND EXPENSE CATEGORIES
REVENUES
Beginning Fund Balance:
Total Income
2012
$
$
TOTAL
Total Indebtedness
Total Debt Service
Total Investments
372,000
626,751
$
998,751
$
$
$
462,866
EXPENSES
Total Expenses
TOTAL
Revenue
Expenses
Balance
With Fund Balance
2012
$
602,915
$
602,915
$
$
998,751
602,915
$23,836.0
$395,836.0

20. Memorial Hall Fund Summary
The Budget for Memorial Hall for 2011 was
new, conceptually. Although improved,
performance at the hall did not rise to the level
of self sustainability, incremental improvement
did occur.
 This was due to better cost containment and
identification methods as well as weekday
events, such as Zumba.


21. Memorial Hall Subsidy
 The
2010 subsidy of the hall was
approximately $65,000.
 The 2011 subsidy of the hall was
approximately $40,000.

22. Memorial Hall Subsidy
 Currently,
the Hall is in desperate need of an
HVAC upgrade.
 This upgrade will involve more efficient
equipment as well as the ability to more
effectively “zone” the heating and cooling.
 Potential Cost: $75,000
 We are hoping to procure grant funding to
assist with this upgrade.

23. Memorial Hall Fund Summary
BOROUGH OF JIM THORPE
2012 MEMORIAL HALL FUND BUDGET
SUMMARY OF REVENUE AND EXPENSE CATEGORIES
REVENUES
2012
EXPENSES
2012
Beginning Fund Balance:
$
15,000
452.100
Payroll Expenses
$
367.100
Banquet Income
$
142,500
452.190
Insurance
$
2,000
367.300
Skating & Pavilion Income
$
14,675
452.200
Supplies
$
35,200
367.400
Other Event Income
$
17,300
452.210
Sales Tax
$
7,000
389.000
Miscelaneous Income
$
1,700
452.239
Sec/Misc
$
300
452.300
Utilities
$
32,100
452.370
Repairs
$
5,056
452.400
License/Permits
$
-
452.600
Equip/Reimb.
$
700
471.000
Debt Charges
$
38,000
$
174,782
$
$
191,175
174,782
$1,393
$16,393
TOTAL
$
191,175
TOTAL
Total Indebtedness
Total Debt Service
Total Investments
$
$
457,596
38,000
Revenue
Expenses
Balance
With Fund Balance
54,426

24. Liquid Fuel Fund Summary
 Liquid
fuels funds will be utilized to pay the
debt service on the Bobcat as well as repair
allocated streets and winter material. Although
not my preference, we may utilize these funds
to supplement winter maintenance. All
expenses incurred are allowable under liquid
fuel fund guidelines and have been discussed
with the State fund administrator.

25. Liquid Fuel Fund Summary
BOROUGH OF JIM THORPE
2012 LIQUID FUEL FUND BUDGET
SUMMARY OF REVENUE AND EXPENSE CATEGORIES
REVENUES
Beginning Cash Balance
As of January 1, 2011
341.1 Interest
355.1 Intergovrnmental
TOTAL
EXPENSES
$40,000.00
$275.00
$106,620.00
$146,895.00
430.2
430.6
431.3
432.2
433.2
437.3
438.3
471.1
Street Supplies
Capital Improvements
Storm Drains
Snow Removal Supplies
Street Signs
Repair Equipment
Street Maintenance
Equipment Purchase
$
$
$
$
$
$
$
$
2,500.00
35,000.00
1,000.00
35,000.00
4,945.00
3,000.00
20,000.00
11,426.00
$
112,871.00

26. What Does All This Mean
 Provided
the initiatives you have suggested
are implemented, what will that mean to the
residents?

27. Cost Increase to Residents


Average residential household is has a $50,000
assessed value and uses 4,000 gallons of water per
month.
This means:
Current
Proposed
Real Estate Taxes
 Water Bill
 Sewer Bill
 Garbage Bill
$400.00
$586.44
$422.40
$300.00
$400.00
$586.44
$586.44
$300.00
$1708.84

$1872.88
Annual Increase in cost of $164.04

28. What’s Next
 In
order to put the initiatives in the budget in
place we will need to amend our ordinances.
 Those changes are:
Update our Water Rate Structure
Configure Sewer Rates to match Water
Amend Rules and Regulations Resolution to
establish various fees associated with shut-offs
and service calls.

29. Asset Management

In the next few weeks we will be having approximately $700K in CDs
mature at MCTC. I had hoped to locate an investment vehicle that
would provide us a better return. Unfortunately, the Borough Code does
not provide flexibility to allow much beyond CD investing of this money.
We will continue to monitor interest rates to maximize return.

30. Conclusion
Information utilized in the development of this budget included
historical Quickbooks data, Inhance data, spreadsheets developed
by Mia Sebelin, reports developed by Cindy Kmetz, anecdotal
information contributed by Louise McClafferty, and input by the
Department Supervisors.
 The summaries included herein are interactive and can be changed
to reflect Council’s wishes.
 I would be happy to answer any questions you may have about this
presentation and the figures contained herein.
 I have copies of this presentation for each of you this evening and
would be more that happy to provide you with electronic copies of
the spreadsheet.
