Prince George County Budget

Transcription

1 Prince George County Budget Presentation to the Prince George County Board of Supervisors February 28,

2 The Prince George Core Values 1. Integrity 2. Transparency 3. Respect 4. Accountable 5. Innovation 6. Stewardship 7. A Place Where Volunteers Matter 2

3 Budget Process Most important activity the BOS goes through in County Government. Roadmap for financial planning for FY 18 and beyond. Budget must be balanced in accordance with State Code. 3

4 Good Financial Management AA+ Rating in December 15 from Fitch Ratings. Unqualified FY 16 Audit. Received Certificate of Achievement for Excellence in Financial Reporting in

5 Building Fund Balance BOS Changed Fund Balance Policy to 12.5 Percent for FY 14. Fund Balance was 19.8 Percent in FY 16 Audit. Projection for June 30, 2017 is 15.9 Percent; June 30, 2018 is 15.8 Percent. 5

6 Awards, Honors & Special Recognition NACO Award for Youth Workforce Academy. Assessor Rod Compton graduated from Lead Virginia. Champions of Economic Impact in Sports Tourism. VACO Award for Toddler Fair. 6

7 Awards, Honors & Special Recognition VML Stairways to Success Award. FOLAR Government Agency Award. Dispatchers of the Year Award at Riverside Criminal Justice Annual Breakfast. 7

8 Latest Population Figures Estimated at 36,656 for 2016; 2.6 percent growth since the 2010 census. Unemployment Rate is 4.5 through December. 8

9 Community Development 9

10 Community Development New Scott Park. Central Wellness Center. Upgrades to Two Playgrounds. River s Edge Stratford Woods 10

11 Community Development Stormwater Projects. Plan to Assist Mobile Home Parks. Expansion of Courthouse Basement Area. New HVAC System in County Courthouse. 11

12 Public Safety Facilities New Carson Volunteer Fire Station. New Route 10 Fire Station. Public Safety Radio System Phase I. Burn Building with State Grant Funds. Fire & EMS Museum. Renovated Burrowsville VFD. 12

13 Economic Development & Tourism 347 new business licenses added in Strong emphasis on Business Retention & Expansion. Eight Keys to the County. Youth Workforce Academy Taught 32 Students. 13

14 Economic Development & Tourism Exit 45 Improvements. Support for Dixie Youth Baseball & Softball Champions. Business Roundtable Alumni Dinner. 14

15 Progressive Time List of 22 accomplishments in the Budget Message. Affected citizens & businesses in all areas of government. Had over 30 neighborhoods participate in National Night Out activities. 15

16 Eyes on Richmond & Washington Supporting VACo legislative priorities. Helping to defeat legislation that would hurt local governments. Grant opportunities. 16

17 Budget Information Provisions: 1. Raising the level of Fund Balance. 2. Reacting to Additional Case Load in Department of Social Services. 3. Shoring up equipment in County Garage. 17

18 Budget Information 4. Continuing Vehicle Replacement Program. 5. Funding 100 percent the MOU with the School Board. 6. Properly aligning Revenues with Expenditures in Public Utilities. 18

19 Budget Information Proposed Budget: Overall: $113,650,488 General Fund: $52,983,030; 1.5 % greater than FY

20 Expenditures 20

21 Expenditures 246 full-time & 8 part-time regular positions. Two new positions added to the Position Control Chart in Social Services & Community Corrections. Funding for Planner 1 position. One part-time position eliminated in Community Corrections. Not funded is Project Management position. 21

22 Expenditures An estimated five percent increase of $89,000 is proposed to cover the rising cost of employee health care claims. Goal is to maintain the employee/employer contribution ratio better than 25%/75%. 22

23 Expenditures Transfer to Public School Division is $15,813,565, which fully funds the MOU ($236,315 or 1.52% increase). Debt payments for school-related projects are $4,115,834. Contributions to Richard Bland ($10,000) & John Tyler ($4,494) are proposed. 23

24 Expenditures Included is $274,725 in direct contributions to volunteer companies. Not included is Fire Program Funds which will be allocated later and used to fund equipment in volunteer budgets. 24

25 Expenditures Fire & EMS Budget - $2,639,557; including $10,000 to begin a Career Development Program. New Radio System & Burn Building. Police Budget - $5,351,887. Police Vehicles - $400,000 debt issuance. 25

26 Expenditures Volunteer Budgets - $95,024 greater than FY 17. Line of Duty Act - $20,000. Length of Service Awards - $135,000. Fire & EMS Debt $424,068 with $75,932 remaining for other replacements. 26

27 Expenditures Funds the Comprehensive Services Act mandate at County s share of $427,000. Social Services is budgeted at $1,978,550 (3.74% of budget); Local portion estimated at $782,490. Decrease to Riverside Regional Jail & Crater Youth Care Commission is $277,

28 Capital Projects & Equipment $9.5 million is proposed in capital projects through debt service. $375,992 is proposed for equipment in the general fund. 28

29 Debt Funded Capital Improvements $8,507,773 Phase II of Public Safety Radio System. $310,000 Boiler for Central Wellness Center. $150,000 Voting Equipment. $200,000 Crosspointe Utility Study. $83,000 Fuel Station Replacement. $260,000 Code Compliance Software. 29

30 Equipment General Fund Budget $127,000 Vehicle purchases. $49,000 Garage. $140,830 IT Projects. $10,820 Shelving for Clerk of Court. $48,342 Laserfiche Upgrade for DSS. 30

31 Debt Service County Debt within manageable limits per the debt policy. General Fund transfer for Debt Payments for FY 18 proposed to be $7,542,

32 Debt Service Debt Service Payment Outstanding Principal (As of 06/30/16) FY'18 (Budgeted) FY'17 (Budgeted) FY' 16 (Actual) Utilities $2,446,000 $523,731 $371,361 $163,228 Economic Development Stormwater County $4,842,000 $386,279 $387,767 $468,319 $1,719,000 $442,000 $442,000 $441,227 $17,303,532 $3,426,261 $2,933,100 $2,665,423 Schools $23,381,490 $4,115,834 $4,154,789 $3,933,882 32

33 Revenues 33

34 Revenues No tax or fee increases proposed for General Fund. $450,000 Increase in Public Service Tax. $100,000 Motor Vehicle Licenses. $90,000 Penalties & Interest on Delinquent Tax Collections. 34

35 Revenues $60,000 Lodging Tax (General Fund portion). $50,000 Recordation & Wills. $50,000 Medical Transports. $309,000 Real Estate. $146,000 Personal Property. 35

36 Revenues $200,000 Decrease in Machinery & Tools Tax. $325,000 Loss of one-time sale of Old Carson Volunteer Station. $250,000 Loss of one-time assistance from Dinwiddie County for payment of new Carson Station. $100,000 Decrease in State Communication Taxes. 36

37 Real estate property tax chart County/City 2017 Petersburg, City $1.35 Colonial Heights, City $1.14 Hopewell, City $1.13 Chesterfield, County $0.96 Prince George, County $0.86 Dinwiddie, County $0.79 Surry, County $0.71 Sussex, County $0.58 Per assessed $100 of value 37

38 Public Utilities Remains Self-Supporting. $1,467,196 increase over FY 17. Primarily to cover: Capital project expenditures of $1,300,000 planned for FY 18. $500,000 increase in purchased sewer services Hopewell sewer rate increase. Planned use of $909,000 of utilities fund balance. 38

39 Public Utilities Projects: Food Lion Water System. Meter Replacements. Sewer Pump Station Improvements. 39

40 Public Utilities Proposed Fee Increase: 10 Percent in Water ($160,000). 20 Percent in Wastewater ($571,200). $2.24 monthly increase* for water. $8.76 monthly increase* for wastewater. *For a typical residential home using an average of 5,000 gallons per month 40

41 Economic Development & Tourism Economic Development remains fully supported by Meals Tax. $386,279 debt related to construction at Crosspointe Centre. Tourism funded by Lodging Tax. Funds included for Historical Society. PART and Chamber of Commerce funding to be determined. 41

42 Economic Development & Tourism Funds debt service payment for Exit 45 water system - $148,

43 Budget Schedule March 8 Budget Work Session March 20 Budget Work Session April 5 Budget Work Session 43

44 Budget Schedule April 11 Public Hearing on Tax Rates and Utility Fees April 25 Budget Public Hearing May 9 Budget Adoption Consideration 44

45 Thank You! Many thanks to Financial Reporting Accountant Lori Robertson; Accounting Supervisor Jami Engel; Deputy County Administrator Jeff Stoke; Finance Director Betsy Drewry; and Deputy Clerk Teresa Knott. 45

46 Questions and Comments! 46