|
Exhibit B:
<br /> Multi-City Business License and Tax Portal Agency
<br /> 2015-2020 Estimated Operating Budget Summary
<br /> This budget is an estimated six year budget and assumes only four cities participating.
<br /> 2015 2016 2017 2018 2019 2020
<br /> Labor Total8 314,740 324,182 333,908 343,925 354,243 364,870
<br /> Contracts Total9 55,188 56,402 57,643 58,911 60,207 61,532
<br /> Overhead Total10 15,330 15,667 16,012 16,364 16,724 17,092
<br /> Vendor Total" 344,888 383,360 421,832 460,304 479,540 498,776
<br /> Operating Reserve- 15% 53,668 7,420 7,467 7,516 4,681 4,733
<br /> Total Estimated Budget 783,814 787,031 836,862 887,021 915,396 947,003
<br /> Estimated User Fee Revenue12 193,510 241,888 290,266 338,643 362,832 387,021
<br /> Estimated City Cost Allocation 602,057 555,622 557,306 559,322 563,749 571,414
<br /> Revenues13
<br /> City of SeattleS4 <, , _ 415,419 383,379 t _ 384,541 385,932 388,987 394,276
<br /> City of Bellevue 60,206 55,562 ;: 55,731 55,932 56,375 57,141
<br /> City of Tacoma 96,329 88,900 89,169 89,492 90,200 91,426
<br /> m, City of Everett ; 30,103 27,781 27,865 27,966 28,187 28,571
<br /> 8 This budget includes 2.5 FTE: the Portal Manager,a half-time administrative assistant and a full-time IT Project Manager/Business Analyst. The personnel for
<br /> these positions will be provided by the City of Seattle and the costs in this budget include the fully-funded(salary,benefits, etc.)labor costs for all 2.5 positions.
<br /> A separate loaned staffing agreement will be entered into between the Portal Agency and the City of Seattle in 2014 for these staff.
<br /> 9 Includes contracts for outside services such as Accounting,Insurance,Bank and the State Auditor.
<br /> 10 Funding for miscellaneous overhead items such as legal fees,office and operating supplies,printing and licenses/memberships.
<br /> " Includes costs estimated payable to-Gov Systems under the Portal Services Contract in 2014,from and after the Portal goes"live." e-Gov Systems will charge
<br /> the Portal Agency$1.25 every time a business or taxpayer makes an online Portal filing,whether or not tax is owing. This per-filing cost is fixed for the first five
<br /> years of Portal operation.
<br /> ` Assumes the Executive Board approves a proposed user fee of$4 per online session per City(the proposed fee would be payable only when tax is owed;
<br /> multiple tax and/or license filings on the same session would incur only one fee). This user fee is based on an estimated Portal use adoption rate by business and
<br /> taxpayers of 15%.This adoption rate is expected to grow considerably each year.
<br /> 13 Cost Allocations are based on the 2012 Transaction count for each Original Principal,shown in Table 2.
<br /> 14 Excludes Seattle's contributions to start-up costs in 2014. Also excludes labor and operating costs for which Seattle will be reimbursed from the Total Budget
<br /> shown above,per the loaned staffing agreement.
<br /> v. 11.4.13 35
<br />
|