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Village of Ridgewood
2015 Budget Introduction Presentation
Roberta Sonenfeld
Village Manager
Stephen Sanzari
Treasurer
April 22, 2015
General Topics
—  2014 Accomplishments/Highlights
—  Budget
Summary
—  Revenues
—  Use of Surplus
—  Operating Expense
—  Investment in Services and People
—  Unfunded Liabilities
—  Capital
2014 Accomplishments/Highlights
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Parking
◦  Established oversight of the Parking Utility.
◦  Swift implementation of Valet Parking.
◦  Established a public-private partnership to offer CBD employee
parking.
◦  New policies and procedures; time parameters, pricing, resident/nonresident, enforcement.
◦  Implemented first credit card purchase program.
◦  Completed study of meters replacement options.
◦  Actively began preparations for a new parking deck on Hudson
Street.
◦  Introduced an organizational change to appoint a new CFO/Parking
Director.
◦  Redesigned Rt. 17 Park & Ride to accommodate 43 more parking
spaces.
◦  Identified 16 new parking spots in the CBD
2014 Accomplishments/Highlights
Continued
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Successful early settlement of a 4 year fire contract.
Restructuring of Building Department; more to come in 2015.
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Launched Human Resources Department.
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Enhanced communications with residents, business and internally.
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Successfully completed the Complete Streets renovation of Garber
Square.
No Leaf Left Behind Program.
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Intense work with several agencies resulted in significant FEMA
reimbursements.
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Began implementation of fiber optic communication system.
2014 Accomplishments/Highlights
Continued
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Evolution of Community Center into a welcoming meeting place.
WPC continued to create more electricity surpassing the plant’s
own needs.
RPD’s community policing/outreach approach continued to be
recognized locally & nationally.
Streamlined process for site plan review.
Implemented Abandoned Properties process.
Began implementing new approach to Fleet servicing.
Come Alive Outside: A public private partnership; received an
Award of Excellence from NJ Recreation & Parks Association for
Fire and Ice.
Supported Planning Board on Valley Hospital hearing and multifamily housing development.
2014 Accomplishments/Highlights
Continued
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Continued a strong history of an effective volunteer Emergency
Services organization that responded to 1,736 calls in 2014;
volunteers donated 19,241 hours.
Absorbed significant increase in work due to OPRA requests.
Outsourcing of public health inspections.
Addition of aquatic programs to Graydon.
Modified snow removal and Christmas tree pick up.
Ramped up sidewalk replacement project (204 properties
addressed).
In conjunction with the BOE, completed installation of Lightning
Detection System.
Enhanced the budgeting process.
Amended redevelopment plan for North Walnut Street, prepared
RFP & began evaluation of proposals.
Budget Process
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Several rounds of internal reviews were held with
Department Heads; objective was to provide the best
possible numbers & alternatives to the Village Council.
Emphasis was on operating efficiencies, as well as customer
service improvements & investment in people, process &
technology.
Budget reviews with Council were designed to elevate the
dialogue to include strategic as well as daily operations.
Operating Expenses as well as Capital were discussed for the
Village, Ridgewood Water, Parking Utility & Library.
Three sessions, that included entire Village Management
Team, were held.
Three alternative budget proposals were presented and
discussed.
Budget Summary
Operating & Capital Budgets done together.
◦  $47.1 Million Operating Budget
◦  $3.1 Net Million Capital Budget
—  1.2% Tax Increase
◦  $46.72 annual increase on an average assessed
home value of $690,662.
—  Estimated outstanding bonds & notes
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$38.8 Million (12/31/14)
— 
$36.6 Million (12/31/15)
Revenues & Expenses are up approximately
1.8% from prior year.
Budget Being Introduced
2015
2014
Total Appropriation
47,061,115.70
$ 46,226,202.30
Less: Surplus Anticipated
3,032,000.00
2,982,932
9,937,826.73
9,467,464.22
700,000.00
800,000.00
31,326,183.01
30,975,420.76
2,065,105.96
2,000,296.00
33,391,288.97
32,975,716.76
Miscellaneous Revenues
Receipts from Delinquent Taxes
Amount to be Raised by Taxation
Public Library Tax
Total
2014 Taxes on Average Assessed Value of $688,358
$3,959
2015 Taxes on Average Assessed Value of $690,662
$4,013
Municipal Increase
$46.72
Library Increase
$ 9.00
$-5.00
2015 Revenues: $47.1 Million
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Maximized Anticipated Revenues
Optimized use of Funds & Surplus
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Total Miscellaneous Revenues are $9.9 Million, up $450K
from prior year’s budget & $170K from prior year’s actual
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Risks
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Police Side Jobs – Administrative Fees
Usual Graydon Risk – Weather Dependent
Recycling
One timers
Opportunities
◦  Continued payback of Parking Utility deficits in 2016
budget
◦  New tax ratables
Sources of Funds
Use of Surplus
Fund Balance
YEAR
SURPLUS
BALANCE
UTILIZED
SURPLUS
ADOPTED
BUDGET
% OF BUDGET
REMAINING
SURPLUS
2015
4.564M
3.032M
47.061M
6.44%
1.5M
2014
4.441M
2.983M
46.226M
6.45%
1.4M
2013
4.340M
2.950M
45.344M
6.51%
1.4M
2012
3.989M
2.567M
45.312M
5.67%
1.4M
2011
4.436M
2.635M
44.432M
5.93%
1.8M
2010
2.856M
2.607M
41.825M
6.23%
.2M
2015 Operating Expense: $47.1 Million
—  Viewed
expenses against 2014 actual &
trends from previous years.
—  Identified areas of efficiency and
supplemental required expenses.
—  Identified areas of investment to improve
resident services & develop staff.
—  Risks
◦  Snow
◦  Maintenance of buildings
◦  Legal expenses – Planning Board
HIGHLIGHTS
Investments in Services & People
— 
Parking Utility
◦  New CFO/Parking Utility Director.
◦  Implement Parkmobile & other strategies to enhance parking
options & to minimize the handling of quarters.
◦  Outsource counting of coins.
◦  Continually evaluate the parking conditions to insure optimum
parking for residents.
◦  Do everything necessary to begin construction of a parking
garage(s) by 2016.
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Building Department Revitalization.
Implementation of HR.
Significant growth in the application of technology.
Continue “Leave No Leaf Behind” program.
Re-accreditation of RPD as a Flagship Organization.
Enhanced support for vibrant Community Center.
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HIGHLIGHTS
Investments in Services & People
Continued
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Staff Development: e.g., Bergen LEADS, CIO training, Fire
leadership.
Develop continuity of operations plan.
Aesthetics—Shade Tree & Tree Wells.
Launch new Village website.
Develop strategic plan for Village footprint.
Conversion of incandescent streetlights to LED enhancing public
safety.
Prepare for 2016 implementation of a new sidewalk café ordinance
and enforcement.
HIGHLIGHTS
Salient Factors
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Expense Increases:
◦  Police–due to contracts & ammunition ($367K over 2014 budget,
$518K over actual).
◦  Maintenance of buildings ($30K over budget but $20K under actual).
◦  Increase in grass clippings (up $40K); overall dumping fees (up $80K).
◦  Group health insurance (up approximately $350K).
◦  Approximately double the cost for polymer for WPCF ($57K to
$100K).
◦  Increase in Planning Board legal fees ($40K).
◦  Outsource of sludge hauling ($47K)—offset in avoidance capital
expenditure.
◦  Addition of legal expense for PBA negotiations ($35K).
◦  Provides Library .86% increase.
◦  Absorption of blue & white (1.5 + 1.5 + 1.5) due to late contract
settlement in 2014.
HIGHLIGHTS
Salient Factor
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Expense Decreases:
◦  Decrease in Fire salaries & wages – $350K.
◦  Decrease in Gasoline – $200K.
◦  Significantly sized departments are within 1% of last year’s budget or
actual.
–  DPW (5.2 million) including higher dumping & lower gas is – 3%
versus 2014 budget, 0% vs 2014 actual.
–  Recreation is 5% less than budget & actual.
–  Parks is 1% over budget & actual.
–  Fire is 9% less than prior year’s budget & 7% less than actual.
–  Graydon Pool is 4% less than prior year’s budget & 5% less than
actual.
◦  Maintaining overall staffing levels across the board except for
investment spending.
◦  Decrease in labor attorney fees (decrease of $46K) due to
establishment of an HR capability.
◦  Formulation of a realistic Parking Utility Budget.
Contractual Obligations Totals
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Salaries
◦  Police:
◦  Fire:
◦  Other:
6.703M
4.481M
6.887M
Pension
◦  Police/Fire:
◦  PERS:
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$
$
$
$ 2.370M
$ .953M
Health Insurance: $ 6.275M
Terminal Leave:
$ .432M
Vacation:
$ .194M
TOTAL OBLIGATIONS: $28.295M/$47.061M – 60.1%
Other Key Areas of Efficiencies
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Negotiation of PBA Contract.
Water Pollution–continue to explore ways of creating energy efficiencies &
furthering our private-public partnership.
Determine staffing & operating model for Fleet garage.
Adoption of technology to decrease departmental workload.
Migrating phone vendor (Verizon to Lightpath).
Examine methods to decrease cost of workers compensation.
Finish fiber loop project decreasing communications & Internet service
costs while increasing reliability.
Adoption of technologies that decrease IT workload (e.g. remote support,
monitoring).
Outsourcing of health inspections.
Potential outsourcing of Lakeview operations.
Explore doing our own brine production.
Implementation of e-Ticket.
Streamlining emergency communications (Swift Reach).
Unfunded Liabilities
—  $7.14
—  9
Million
Confirmed Retirements
◦  2015 ◦  2016 ◦  2017 ◦  Total:
$ 432,607
$ 161,570
$ 121,000
$ 715,177
Trust Fund: $ 636,660
Capital
2015 Street Paving Program
◦  (will do approximately $3M)
—  Purchase of Vehicles
—  IT
—  Public Safety
—  Engineering
—  Other Infrastructure & Equipment
—  Library
— 
$ 500,000
$1,235,500
$ 321,725
$ 189,900
$ 591,000
$ 262,500
$ 50,000
Gross Debt
General Capital Fund
DEBT 12/31/2014 SERIAL BONDS $ 32,527,441.41 2015 PAYDOWNS 2015 ISSUANCE PROJECTED BALANCE 12/31 $ 3,115,228.00 $ -­‐ $ 29,412,213.41 BOND ANTICIPATION NOTES $ 6,299,350.00 $ 630,000.00 $1,500,000.00 $ 7,169,350.00 TOTAL BONDS & NOTES $ 3,745,228.00 $1,500,000.00 $ 36,581,563.41 $-­‐ $2,968,434.00 $12,260,267.00 $3,745,228.00 $4,468,434.00 $48,841,830.41 $ 38,826,791.41 BONDS & NOTES AUTHORIZED & NOT ISSUED $ 9,291,833.00 TOTAL GROSS DEBT $48,118,624.41 *Note-­‐Balances of completed unfunded projects will be cancelled in 2015 which will reduce authorized and not issued. THE END…..