Presentation of the 2015 Recommended Budget November 24, 2014

Transcription

1 1 MONTROSE COUNTY Presentation of the 2015 Recommended Budget November 24, 2014

2 2 Budget Overview Montrose County 2015 Budget Presentation What the Budget Is (3) Methodology (4-5) Financial Summaries Fund Balance History (6) Budget Overview, All Funds (7) Budget Summary by Fund (8) Total Sources (9) Revenue Comparison (10) Property Tax (11-14) Sales & Use Tax (15-16) Total Uses (17) Comparative Expense (18-19) Interfund Transfers (20) Public Safety Initiative Funding (21) General Fund Budget General Fund Summary (22) Revenue Comparison (23) Expenditure Comparison (24) Labor & Staffing (25-28) Major Capital Expenditures (29-30) Budget Calendar (31)

3 What The Budget Is 3

4 4 Budget Methodology Long-range financial planning continues to be the cornerstone of the budget development process. Five-year financial models were developed for each of the major operating funds. Utilization of these models allows the County to test the potential long-term impacts of current financial decisions based on a multitude of assumptions.

5 Budget Methodology: In the Proposed Budget, the ending fund balance for each major operating fund meets or exceeds its fund balance goal! 5 Major Operating Fund General Fund Local Public Health Fund Public Safety Sales Tax Fund Road & Bridge Fund Social Services Fund Airport Operations Fund Defined Goal The General Fund is the primary operating fund for the County and also serves as the financial backstop for most of the other accounting funds. The ending fund balance for each year in the fund's 5-year financial model will not fall below 50% of operating revenue. Since this fund is largely subsidized by the General Fund there is no need for it to carry a large fund balance. Therefore the goal is to maintain a fund balance of $100K to cover unforeseen emergencies that may occur during the year. The long-range financial goal for the PSST Fund is to maintain between 2 & 3 months operating reserves. This equates to between 16.7% and 25% of total sources. The size and nature of road and bridge type projects can cause significant variances in annual expenditures from one year to the next. Also, a relatively large reserve needs to be maintained since an unforeseen event or emergency (i.e. a bridge washes out) could have a substansial financial impact. Consequently the defined fund balance goal is a broad range from 4 -to- 6 months (33% -to- 50%) of total annual revenue. The Social Services Fund receives approximately 80% of its funding from the State and Federal Governments. Consequently, funding is subject to a broader range of economic and political influences. The goal for this Fund is that the ending fund balance for each year in the fund's 5-year financial model will not fall below 16.7% of operating revenue. This equates to a 2-month operating reserve. The Airport Operating Fund is the County's sole enterprise type fund. This business activity generates most of its revenue from user fees which are closely tied to the broader economy. The fund balance goal for this fund is to maintain 3 -to- 4 months operating reserve, or 25% -to- 33% of operating revenue.

6 Fund Balance History The 2015 Ending Balance for all funds is projected at $32.3 million, a decrease of $2.1M from the projected 2014 Ending Balance. The proposed budget is in compliance with the fund balance goals for each of the major operating funds. 6

7 7

8 Budget Summary, By Fund 2015 Proposed Budget GENERAL GOVERNMENT FUNDS Projected Beginning Transfers-In Transfers-Out Net Projected Ending Fund From Other Total To Other Total Change In Fund Balance Revenue Funds Sources Expenditures Funds Uses Fund Balance Balance General Fund $ 17,256,408 17,374, ,000 $ 17,494,377 10,425,192 7,114,322 $ 17,539,514 $ (45,137) $ 17,211,272 County Clerk Technical Fund $ 5,771 8,000 - $ 8, $ - $ 8,000 $ 13,771 Conservation Trust Fund $ 89, ,100 - $ 125, ,000 $ 120,000 $ 5,100 $ 94,965 Impact Fee Fund $ 465, $ $ - $ - $ 465,621 Local Public Health Fund $ 493,746 1,487, ,256 $ 1,635,147 2,083,262 - $ 2,083,262 $ (448,115) $ 45,631 Public Safety Sales Tax Fund $ 2,359,975 4,972,500 6,657,066 $ 11,629,566 11,202, ,000 $ 12,052,238 $ (422,672) $ 1,937,303 Road & Bridge Fund $ 6,519,956 11,090,827 - $ 11,090,827 11,184,424 - $ 11,184,424 $ (93,597) $ 6,426,359 Social Services Fund $ 884,287 6,513,136 60,000 $ 6,573,136 6,650,027 - $ 6,650,027 $ (76,891) $ 807,396 Solid Waste Fund $ 1,813,001 98,500 - $ 98,500 31,547 - $ 31,547 $ 66,953 $ 1,879,954 Capital Expenditures Fund $ 2,569, , ,000 $ 683,871 1,271, ,938 $ 1,763,036 $ (1,079,165) $ 1,490,229 General Debt Service $ 338, ,938 $ 391, ,938 - $ 391,938 $ - $ 338,040 Sub: General Government $ 32,796,064 42,104,202 7,626,260 $ 49,730,462 43,239,726 8,576,260 $ 51,815,986 $ (2,085,524) $ 30,710,541 ENTERPRISE ACTIVITIES Airport Operations $ 559,110 4,256, ,000 $ 4,356,377 4,254,963 - $ 4,254,963 $ 101,414 $ 660,524 Fleet Management $ 1,036,356 2,928,300 - $ 2,928,300 3,158,347 - $ 3,158,347 $ (230,047) $ 806,309 Communications Center $ - 976, ,000 $ 1,826,978 1,737,985 - $ 1,737,985 $ 88,993 $ 88,993 Sub: Enterprise Activity $ 1,595,466 8,161, ,000 $ 9,111,655 9,151,295 - $ 9,151,295 $ (39,640) $ 1,555,826 TOTAL: MONTROSE COUNTY $ 34,391,530 50,265,857 8,576,260 $ 58,842,117 52,391,021 8,576,260 $ 60,967,281 $ (2,125,164) $ 32,266,367

9 9 Total Sources, By Fund 2014 Revised Budget 2015 Proposed Budget $ Change % Change General Fund $ 17,431,781 $ 17,494,377 $ 62, % County Clerk Technical Fund $ 8,000 $ 8,000 $ - 0.0% Conservation Trust Fund $ 123,100 $ 125,100 $ 2, % Local Public Health Fund $ 1,979,764 $ 1,635,147 $ (344,617) -17.4% Public Safety Sales Tax Fund (PSI) $ 12,453,792 $ 11,629,566 $ (824,226) -6.6% Road & Bridge Fund $ 12,126,898 $ 11,090,827 $ (1,036,071) -8.5% Social Services Fund $ 6,087,420 $ 6,573,136 $ 485, % Solid Waste Fund $ 98,000 $ 98,500 $ % Capital Expenditures Fund $ 697,703 $ 683,871 $ (13,832) -2.0% General Debt Service $ 393,238 $ 391,938 $ (1,300) -0.3% Airport Operations $ 9,011,117 $ 4,356,377 $ (4,654,740) -51.7% Fleet Management Fund $ 2,938,323 $ 2,928,300 $ (10,023) -0.3% Communications Center Fund $ - $ 1,826,978 $ 1,826,978 n/a Total Sources $ 63,349,136 $ 58,842,117 $ (4,507,019) -7.1%

10 Comparable Revenue On a comparative basis (adjusting for Interfund Transfers, Interfund Service Charges and Airport Capital Grants), 2015 Comparable Operating Revenues are $336K (or 0.8%) higher than The change results from higher Property Tax Revenue, a 3% increase in Sales Tax, the uncertainty of PILT Funding, a decrease in pass-thru grants, and the sale of R&B capital equipment in 2104 that is not expected to re-occur in Comparative Revenue 2014 Revised Budget 2015 Proposed Budget $ Change % Change Total Sources $ 63,349,136 $ 58,842,117 $ (4,507,019) -7.1% Less: Interfund Service Charges (5,073,526) (5,229,134) Less: Interfund Transfers (9,149,253) (8,576,260) = Total Revenue $ 49,126,357 $ 45,036,723 $ (4,089,634) -8.3% Less: Airport Capital Grant Funding (5,830,617) (1,405,277) Comparative Operating Revenue $ 43,295,740 $ 43,631,446 $ 335, % Property Tax $ 1,920,452 Sales & Use Tax $ 320,850 PILT $ (1,016,958) Pass-Thru Grants $ (375,000) Sale of Equip. $ (432,570) All Other $ (81,068)

11 11 PROPERTY TAX ASSESSMENT Due to the large reduction in assessed values last year (-12.8%) the gross property tax levy for the 2014 budget-year was slightly below the TABOR Limit. Consequently there is not a TABOR overage to be refunded with the 2014 levy payable in 2015 (i.e. no Credit Mill Levy). Since there is not a credit levy the net levy for 2014 (2015 collections) will equal the gross levy of mills. Based on the preliminary assessed values property tax revenue in 2015 will increase $1.9M from $9.7M to $11.6M.

12 PROPERTY TAX COMPARISON (Based on Preliminary Assessed Values provided by the Assessor s Office. Note: 2014 is a non-reassessment year.) 12 PROPERTY TAX "Actual" 2014 Collection Year "Preliminary" 2015 Collection Year Change % Change Assessed Value $ 492,659,450 $ 492,834,330 $ 174, % Gross Property Levy (@ mills) $ 11,591,292 $ 11,595,406 $ 4, % Less: Refund of the Prior Year TABOR Overage $ (1,929,953) $ - $ 1,929, % NET: Property Tax Levy $ 9,661,338 $ 11,595,406 $ 1,934, % Plus: Abatement Levy $ 34,488 $ 20,872 $ (13,615) % TOTAL: NET PROPERTY TAX REVENUE $ 9,695,826 $ 11,616,279 $ 1,920, % MILL LEVY Gross Mill Levy Credit Mill Levy (3.917) Abatement Levy (0.028) TABOR LIMIT NET: Mill Levy % Property Tax Limit $ 11,734,720 $ 11,971,203 $ 236, % Gross Property Tax Levy $ 11,591,292 $ 11,595,406 $ 4, % Gross Levy: Above (Below) the Tax Limit $ (143,429) $ (375,797)

13 13 TABOR Calculations The calculations determine whether the gross levy is above or below the TABOR Limit, and dictates whether a refund from the current year s levy is due the following year. The county has historically utilized a credit mill levy as the mechanism to refund the prior year amount that was over the TABOR Limit. GROWTH IN PROPERTY VALUES Levy Year Collection Year "Final" Certification of Values "Final" Certification of Values "Preliminary" Certification of Values PRIOR YEAR: Actual Value of All Real Property 3,892,975,166 3,974,951,346 3,295,769,530 Additions to Taxable Real Property: Construction of taxable real property 19,447,040 21,921,851 22,795,500 Annexations/Inclusions Increase in mining production 939,000 Previously exempt property 4,200,280 3,487, ,350 Oil or gas production from a new well Omitted property from prior year's tax warrant 226,810 54,270 Deletions from Taxable Real Property Destruction of property improvements (2,154,760) (892,890) (976,880) Disconnections/Exclusions 0 Previously taxable property (4,874,920) (4,889,500) (3,416,830) Growth Due to Additions & Deletions 17,783,450 19,680,881 19,035,140 Change in Real Property Values Due to Re-Assessment & Other (Calculation) 64,192,730 (698,862,697) 50,370,538 CURRENT YEAR: Actual Value of All Real Property 3,974,951,346 3,295,769,530 3,365,175,208 TABOR Growth Rate Calculation Local Growth Component Growth Due to Additions & Deletions 17,783,450 19,680,881 19,035,140 Divided by the Prior Year's Actual Value 3,892,975,166 3,974,951,346 3,295,769,530 = Local Growth Rate Component 0.457% 0.495% 0.578% Plus: Inflation Component (Denver/Boulder CPI-U for the "Levy" Year) 1.943% 2.771% 2.700% = TABOR Growth Rate 2.400% 3.266% 3.278% TABOR Property Tax Limit Calculation Prior Year's Limit 11,097,259 11,363,572 11,734,720 Prior Year's "Gross" Levy 13,251,965 13,293,525 11,591,292 CURRENT YEAR's BASE = The Lower of the Prior Year's Limit or Levy 11,097,259 11,363,572 11,591,292 Multiplied by (1 + TABOR Growth Rate) % % % ACTUAL "Gross" Property Tax Levy = TABOR Property Tax Limit $11,363,572 $11,734,720 $11,971,203 Assessed Value for the Levy Year 565,008, ,659, ,834,330 Multiplied by the Gross Mill Levy/1,000 (Excludes Abatement & Credit Mill Levies) = "Gross" Property Tax Levy (Excludes Abatements & Credits) $13,293,525 $11,591,292 $11,595,406 "Gross" Property Tax Levy Above or (Below) the TABOR Property Tax Limit $1,929,953 ($143,429) ($375,797)

14 14 Property Tax comparison for a home with a market value of $200,000. NET MILL LEVY COMPARISON 2013 Levy Year 2014 Budget 2014 Levy Year 2015 Budget Gross Levy Abatement Levy (prior year taxes abated) TABOR Refund / Temporary Credit Levy Net Mill Levy PROPERTY TAX COMPARISON 2013 Levy Year 2014 Budget 2014 Levy Year 2015 Budget Median Actual / Market Value $200,000 $200,000 Multiplied by the Residential Assessment Rate = Assessed Value $15,920 $15,920 Multiplied by the Net Mill Levy / 1, Change = Property Tax on a Typical Single Family Residence $ $ $ Levy / 2014 Budget Mill Levy Divided by 1,000 = Tax Rate Gross Levy , Abatement Levy (prior year taxes abated) , TABOR Refund / Temporary Credit Levy (3.917) 1,000 ( ) TOTALS , Tax Assessment Assessed Value Multiplied by the = Property Tax Tax Rate Gross Levy $15, $ Abatement Levy (prior year taxes abated) $15, $ 1.11 TABOR Refund / Temporary Credit Levy $15,920 ( ) $ (62.36) TOTALS $15, $ Levy / 2015 Budget Mill Levy Divided by 1,000 = Tax Rate Gross Levy , Abatement Levy (prior year taxes abated) , TABOR Refund / Temporary Credit Levy - 1,000 - TOTALS , Tax Assessment Assessed Value Multiplied by the = Property Tax Tax Rate Gross Levy $15, $ Abatement Levy (prior year taxes abated) $15, $ 0.67 TABOR Refund / Temporary Credit Levy $15,920 - $ - TOTALS $15, $

15 Sales & Use Tax collections for 2015 are currently projected at $10.6M, $321K more than the revised projections for

16 16 Sales & Use Tax: The projected growth for 2015 is approximately 3% compared to 1.8% growth in The 2014 projection for R&B Sales Tax takes into account a large one-time collection from a State audit received in Sales & Use Tax History Revised Proposed Actual Actual Actual Actual Actual Actual Budget Budget Public Safety Sales Tax $ 4,232,015 $ 3,938,601 $ 3,644,810 $ 3,681,005 $ 3,899,684 $ 4,031,243 $ 4,153,000 $ 4,277,500 Pct. Change -6.93% -7.46% 0.99% 5.94% 3.37% 3.02% 3.00% Road & Bridge Sales Tax $ 5,172,154 $ 4,845,307 $ 5,109,162 $ 4,909,324 $ 5,195,706 $ 5,485,657 $ 5,475,000 $ 5,639,250 Pct. Change -6.32% 5.45% -3.91% 5.83% 5.58% -0.19% 3.00% Road & Bridge Use Tax $ 596,928 $ 471,081 $ 443,494 $ 405,032 $ 553,947 $ 575,445 $ 642,500 $ 674,600 Pct. Change % -5.86% -8.67% 36.77% 3.88% 11.65% 5.00% TOTAL SALES & USE TAX $ 10,001,098 $ 9,254,988 $ 9,197,466 $ 8,995,361 $ 9,649,338 $ 10,092,345 $ 10,270,500 $ 10,591,350 Pct. Change -7.46% -0.62% -2.20% 7.27% 4.59% 1.77% 3.12% $$$ Change $ (746,109) $ (57,523) $ (202,105) $ 653,976 $ 443,007 $ 178,155 $ 320,850

17 17 Total Uses Total Uses for 2015 of $60.1 Million are $6.1M (or 9.1%) less than the Revised Budget for Total Uses, By Fund 2014 Revised Budget 2015 Proposed Budget $ Change % Change General Fund $ 18,382,904 $ 17,539,514 $ (843,391) -4.6% County Clerk Technical Fund $ 15,000 $ - $ (15,000) % Conservation Trust Fund $ 120,000 $ 120,000 $ - 0.0% Local Public Health Fund $ 2,115,166 $ 2,083,262 $ (31,904) -1.5% Public Safety Sales Tax Fund (PSI) $ 12,529,160 $ 12,052,238 $ (476,922) -3.8% Road & Bridge Fund $ 12,838,317 $ 11,184,424 $ (1,653,893) -12.9% Social Services Fund $ 6,089,323 $ 6,650,027 $ 560, % Solid Waste Fund $ 38,119 $ 31,547 $ (6,572) -17.2% Capital Expenditures Fund $ 2,226,238 $ 1,763,036 $ (463,202) -20.8% General Debt Service $ 393,238 $ 391,938 $ (1,300) -0.3% Airport Operations $ 9,239,755 $ 4,254,963 $ (4,984,792) -53.9% Fleet Management Fund $ 3,115,816 $ 3,158,347 $ 42, % Communications Center Fund $ - $ 1,737,985 $ 1,737,985 n/a Total Uses $ 67,103,036 $ 60,967,281 $ (6,135,755) -9.1%

18 18 Comparative Expenditures Total Expenditures (excluding Interfund Service Charges and Transfers) for 2015 are $5.7M (or 10.8%) less than the Revised Budget for Adjusting for Airport Capital Projects, CIP Fund Expenditures, the West-End R&B Facility Improvement project, and the United property acquisition in 2014, the proposed budget for 2015 is $278K (or 0.6%) below the revised budget for Comparative Expenditures 2014 Revised Budget 2015 Proposed Budget $ Change % Change Total Uses $ 67,103,036 $ 60,967,281 $ (6,135,755) -9.1% Less: Interfund Service Charges (5,073,526) (5,229,134) Less: Interfund Transfers (9,149,253) (8,576,260) = Total Expenditures $ 52,880,257 $ 47,161,887 $ (5,718,370) -10.8% Less: Airport Capital Projects (6,422,797) (1,604,334) Less: CIP Fund Project Expenditures (736,000) (1,234,500) Less: R&B Fund West-End Facility Imprv. (443,340) - Less: Property Acquisition, R&B Fund (677,000) - Comparative Expenditures $ 44,601,120 $ 44,323,053 $ (278,067) -0.6%

19 19 Year-to-Year Expenditure Comparison Comparative Expenditures 2014 Revised Budget 2015 Proposed Budget $ Change % Change (Totals from the previous slide) $ 44,601,120 $ 44,323,053 $ (278,067) -0.6% Significant Changes Total Labor Costs $ 24,350,558 $ 25,889,507 $ 1,538, % Airport: Legal Services $ 250,000 $ - $ (250,000) % Clerk & Recorder: Outside Services $ 233,620 $ 160,608 $ (73,012) -31.3% HHS: Contract Labor $ 259,004 $ 11,600 $ (247,404) -95.5% Non-Dept.: Water Rights Project $ 500,000 $ 407,000 $ (93,000) -18.6% Non-Dept.: Pictometry Project $ 261,000 $ - $ (261,000) % Non-Dept.: Outside Agency Funding $ 275,300 $ 325,200 $ 49, % Non-Dept.: Town Project Program $ - $ 100,000 $ 100,000 n/a Non-Dept.: HLS Fiscal Agent Expend. $ 107,726 $ - $ (107,726) % Non-Dept.: Pass-Thru Grants $ 501,775 $ 125,000 $ (376,775) -75.1% District Attorney $ 671,935 $ 725,338 $ 53, % All Other Non-Personnel Expense $ 17,190,202 $ 16,578,800 $ (611,402) -3.6%

20 20 Interfund Transfers(the transfer of money from one accounting fund to another) represent the reallocation of available resources. These transactions are equity transfers; although they are accounted for as revenue and expense in the appropriate funds -they do not increase the total resources available, nor the actual total use of those resources for the County as a whole. In effect: These transactions result in the double counting of budgeted expenditures since the Fund making the transfer budgets the amount as a Transfer-Out, while the Fund receiving the transfer budgets for the use of those resources Transfers-Out From General Fund Conservation Trust Fund Public Safety Sales Tax Fund CIP Fund TOTAL TRANSFERS-IN Interfund Transfer Matrix 2015 Transfers-Into General Fund $ 120,000 $ 120,000 Local Public Health Fund $ 147,256 $ 147,256 Public Safety Sales Tax Fund $ 6,657,066 $ 6,657,066 Social Services Fund $ 60,000 $ 60,000 Capital Projects Fund $ 250,000 $ 250,000 General Debt Service Fund $ 391,938 $ 391,938 Communications Center Fund $ 850,000 $ 850,000 Airport Operations Fund $ 100,000 $ 100,000 TOTAL TRANSFERS-OUT $ 7,114,322 $ 120,000 $ 850,000 $ 491,938 $ 8,576,260

21 21 Public Safety Sales Tax Initiative General Government Funding for Public Safety equals approximately $7.4M in 2014, and $7.6M in The level of funding for both years is more than $900K above the pre-psst (2007) level of funding - inflated annually for inflation using the Denver/Boulder CPI-U. General Government Funding - Public Safety Initiative 2014 Revised Budget 2015 Proposed Budget Denver/Boulder CPI-U (Estimated) 2.70% 2.50% Adjusted Base Level Funding: (Inflated Annually from 2007 using the Denver/Boulder CPI-U) MCSO $ 5,634,372 $ 5,775,231 Coroner 112, ,258 District Attorney 601, ,737 Community Programs (Rural Clinics & Ambulance Service) 117, ,254 Emergency Management 11,981 12,281 A TOTAL: ADJUSTED BASE LEVEL FUNDING $ 6,477,816 $ 6,639,761 Less: Public Safety Funding in the General & CIP Funds General Fund: Emergency Mgmt. Org-Code ( ) $ 171,512 $ 135,609 * CIP Fund: MCSO Capital Transfers & Expenditures 300, ,000 ** CIP Fund: JC-Annex COP Debt Payments 393, ,938 B Subtotal: Public Safety Funding in the General & CIP Funds $ 864,750 $ 906,547 C = A-B = REQUIRED GENERAL FUND TRANSFER TO THE PSST FUND $ 5,613,066 $ 5,733,214 D Actual: General Fund Transfer to the PSST Fund $ 6,546,015 $ 6,657,066 C Less: Required Transfer $ 5,613,066 $ 5,733,214 E = D-C = AMOUNT TRANSFERRED ABOVE (BELOW) THE REQUIRED AMOUNT $ 932,949 $ 923,852 B Public Safety Funding in the General & CIP Funds $ 864,750 $ 906,547 D + General Fund Transfer to the PSST Fund $ 6,546,015 $ 6,657,066 F = B+D = TOTAL GENERAL GOVT. FUNDING FOR PUBLIC SAFETY $ 7,410,765 $ 7,563,613 E = F-A GENERAL GOVERNMENT FUNDING ABOVE (BELOW) THE ADJUSTED BASE $ 932,949 $ 923,852 CIP Fund: Public Safety Expenditures Justice Center Roof Repair $ 125,000 Jail Pod Assessment $ 100,000 Justice Center, Judges Parking Lot $ 75,000 JC-Annex, 12 Additional Parking Spaces $ 20,000 Sheriff's Office, HVAC Replacement $ 45,000 EOC Building: Electrical & AC Upgrades $ 14,000 Transfer-Out to PSST Fund (Comm. Center Tower & Jail Video System) $ 300,000 * Subtotal: MSCO Capital $ 300,000 $ 379,000 ** JC-Annex COP Debt Service Pmt. $ 393,238 $ 391,938 Total: CIP Fund Expenditures $ 693,238 $ 770,938

22 22 General Fund Summary The Proposed Budget reflects a small $45K decrease in the Ending Fund Balance for Total Sources are projected to be relatively flat, an increase of $63K (or 0.4%) is currently projected for Total Uses are $843K (or 4.6%) lower than the 2014 Revised Budget. GENERAL FUND OVERVIEW 2014 Revised 2015 Proposed $$$ Change % Change Beginning Fund Balance $ 18,207,531 $ 17,256,408 Total Sources $ 17,431,781 $ 17,494,377 $62, % Total Uses $ 18,382,904 $ 17,539,514 ($843,390) -4.6% NET: Source (Use) of Funds $ (951,123) $ (45,136) Ending Fund Balance $ 17,256,408 $ 17,211,272 $ (45,136)

23 23 General Fund Revenue The General Fund s share of Property Tax Collections will increase approximately $1.8 Million in That increase is offset by the uncertainty in PILT Funding, a reduction in State Pass-thru Grants, and lower Interfund Service Charges. General Fund Revenue 2014 Revised 2015 Proposed $$$ Change % Change Property Tax $ 8,464,178 $ 10,261,000 $1,796, % PILT Funding $ 2,266,958 $ 1,250,000 ($1,016,958) -44.9% State Pass-thru Grants $ 500,000 $ 125,000 ($375,000) -75.0% Interfund Service Charges $ 2,197,667 $ 2,008,699 ($188,968) -8.6% All Other Revenue $ 3,882,978 $ 3,729,678 ($153,300) -3.9% Total Revenue $ 17,311,781 $ 17,374,377 $62, % Transfers-In from Other Funds $ 120,000 $ 120,000 $ - Total Sources $ 17,431,781 $ 17,494,377 $ 62, %

24 Total Uses in the General Fund for 2015 are down $843K (or -4.6%) from Departmental Operating Expenses are up only 1.6%. 24 General Fund Expense 2014 Revised 2015 Proposed $$$ Change % Change Department Operating Expenses $ 8,521,899 $ 8,659,762 $137, % Major Capital & Non-Departmental Major Capital $ 128,115 $ 215,000 $86, % Contingency $ 166,037 $ 200,000 $33, % Water Rights Project $ 500,000 $ 407,000 ($93,000) -18.6% Special Projects (2014-Pictometery / 2015-Town Project Program) $ 261,000 $ 100,000 ($161,000) -61.7% Outside Agency Services $ 275,300 $ 325,200 $49, % Pass-Thru Grants & Payments to Other Govts. $ 719,501 $ 235,000 ($484,501) -67.3% Treasurer Fees $ 201,000 $ 208,460 $7, % County Dues & Other $ 71,037 $ 74,770 $3, % Subtotal: Capital & Non-Departmental $ 2,321,990 $ 1,765,430 ($556,560) -24.0% Transfers-Out to Other Funds Capital Expenditures Fund $ 250,000 $ 250,000 $0 0.0% Local Public Health Fund $ 493,000 $ 147,256 ($345,744) -70.1% Airport Fund $ 250,000 $ - ($250,000) % PSST Fund: Sheriff Department $ 6,546,015 $ 6,657,066 $111, % Social Services Fund $ - $ 60,000 $60,000 #DIV/0! Subtotal: Transfers-Out $ 7,539,015 $ 7,114,322 ($424,693) -5.6% Total Uses $ 18,382,904 $ 17,539,514 ($843,390) -4.6%

25 Labor Budget The overall increase in labor costs from 2014 to is 6.3%. This includes pay-plan adjustments, the addition of FTE s, and health plan cost increases. 3.0% has been programmed into the 2015 budget for Market & Merit adjustments in accordance with the adopted pay-plan. The overall market has moved 1.6%, leaving 1.4% for merit adjustments. The benefit program provided to County employees will remain unchanged. Health Insurance premiums will increase 10%.

26 Labor Budget (continued) The number of full-time employees is proposed to increase by FTE s, from in 2014 to for Of that total, 8.20 FTE s are the result of reclassifying Health & Human Services staff positions from Contract Labor to Full-Time Employees. Accounting for the offsetting decrease in Contract Labor, the net change in salaries & wages = 3.3% Salary Comparison $ Change % Change Full-Time $ 16,924,918 $ 17,895,626 $ 970, % Part-Time $ 708,906 $ 674,282 $ (34,624) -4.9% Temp & Seasonal $ 148,508 $ 99,041 $ (49,467) -33.3% Total Salaries & Wages $ 17,782,332 $ 18,668,949 $ 886, % Contract Labor $ 514,695 $ 226,990 $ (287,705) -55.9% Totals: Including Contract Labor $ 18,297,027 $ 18,895,939 $ 598, %

27 Labor Budget (continued) STAFFING CHANGES 2014 Current Year Budget 2015 DEPARTMENT Original Changes Current Changes Budget Airport Assessor Clerk & Recorder Coroner County Administration BOCC County Manager 5.00 (0.25) Government Affairs Media Relations County Attorney Facilities Finance Health & Human Services Information Technology OD & HR (1.00) 5.50 Planning & Development Public Works (0.80) Sheriff Surveyor Treasurer & Trustee TOTAL Total Change 15.90

28 Labor Budget (continued) 2014 Changes 2015 Changes CURRENT YEAR CHANGES 2014 Coroner: County Coroner from 0.8 -to County Manager: Emergency Manager: Moved to Sheriff (1.00) Water Rights Manager 0.75 Subtotal: County Manager (0.25) County Attorney: Deputy County Attorney 1.00 Paralegal 1.00 Legal Assistant (1.00) Subtotal: County Attorney 1.00 HHS: Jiron: From 1.0 -to- 0.8 (0.20) Hatch: Health Educator PT 0.80 Ramirez: was Scadden from 0.5 -to Subtotal: HHS 0.70 Public Works: Safety & Compliance Mgr. (1.00) Staff Enginneer: From 0.8 -to- 1.0 (S. Ryland) 0.20 Subtotal: Public Works (0.80) Sheriff: Emergency Manager 1.00 TOTAL: CURRENT YEAR CHANGES 1.85 NEXT YEAR CHANGES 2015 Clerk & Recorder: Office Tech County Attorney: Risk Manager 1.00 Media Relations: Events Coordinator 0.25 OD & HR: Procurement Officer (1.00) Planning & Development: Building Official / Plans Examiner 1.00 Sheriff's Office: Communication Techs 3.00 HHS: Positions Changed from Contract Labor to FTE's Fatherhood Program: Fatherhood Coaches 3.60 Fatherhood Program: Administrative Assistant 0.60 IV-E Waiver Program: Caseworkers 2.00 Employment 1st Program: Career Specialist 1.00 Eligibility Program: Income Maintenance Tech 1.00 HHS Subtotal: Changes from Contract Labor 8.20 HHS: Veterans Service Officer (from 0.4 to 1.0) 0.60 HHS Total 8.80 TOTAL: NEXT YEAR CHANGES 14.05

29 29 Major Capital General Fund Clerk & Recorder: Office Furnishings $ 50,000 Clerk & Recorder: Hart Equipment Upgrade $ 14,000 Fairgrounds: Kiser Dragmaster $ 25,000 Water Truck (Used) $ 60,000 Information Technology: Virtual Host Servers (3) $ 66,000 Fund Total $ 215,000 Road & Bridge Fund Right-of-Way Acquisition (5875 Road) $ 15,000 Paved Road Reconstructions -Bridge Replacement, Jasmine Road $ 350,000 -Reconstruct Hillside Rd., Ida to Jasmine (1.06 miles) $ 360,000 -Reconstruct 6450 Rd., Kentucky to 6390 (2.11 miles) $ 680,000 -Asphalt Overlay, Heritage Estates Sub. (0.9 miles) $ 149,000 -Asphalt Overlay, 6530 Rd., Lincoln to Kentucky (0.5 miles) $ 137,000 -Asphalt Overlay, Kentucky Rd., 6530 to 6450 (0.8 miles) $ 194,000 Motor Grader Replacement $ 260,000 Asphalt Paver Replacement $ 325,000 Asphalt Breakdown Roller $ 107,000 Fund Total $ 2,577,000 Capital Expenditures Fund Fairgrounds: Arena Restrooms & Concessions $ 200,000 Admin. Bldg.: Parking Lot Improvements $ 150,000 Justice Center: Roof Repair $ 125,000 R&B: United Site Improvements $ 105,000 Fairgrounds: Indoor Arena (Feasibility & Design Study) $ 100,000 Sheriff: New Jail Pod Assessment $ 100,000 South Campus: Parking Lot Impr. $ 77,000 Facility Security: Electronic Entry $ 75,000 Justice Center: Judges Parking Lot $ 75,000 Fairgrounds: BMX Track Removal $ 50,000 Comm. Tower: Additional Channel $ 30,000 Fairgrounds: RV Camping Sites $ 30,000 Fairgrounds: Arena Rehabilitation $ 28,500 South Campus: (WW) 2015=HR $ 25,000 JC-Annex: Additional 12 Parking Spaces $ 20,000 Sheriff's Office: HVAC Replacement $ 20,000 EOC Bldg.: Upgrades $ 14,000 South Campus: (EW) Remodels $ 10,000 Fund Total $ 1,234,500

30 30 Major Capital: (continued) Airport Operating Fund Photo Cell $ 9,000 Security Camera System $ 12,000 Master Plan w/agis $ 638,889 Southeast GA Apron Rehabilitation $ 766,667 Crack Seal South Apron $ 77,778 Airport Roof $ 100,000 Fund Total $ 1,604,334 Fleet Management Fund Light Fleet Replacements $ 943,133 Fleet Services: Machinery & Equipment $ 20,000 Fund Total $ 963,133 Communications Center Fund Radio Integration Project $ 84,900 Repeater/Receiver, 2 Units $ 15,337 Radio Replacement, 1 Unit $ 7,172 Fund Total $ 107,409 TOTAL MAJOR CAPITAL $ 6,701,376

31 31 Budget Calendar December 10 Final Certification of Values due from the Assessor December 15 Budget Adoption and Mill Levy Certification December 22 Certification of all Property Tax Levies in the County are due to the State January 31, 2015 Balanced Budget due to the State Department of Local Affairs