August 11, County Budget Update Year End FY 2014/2015

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1 August 11, 2015 County Budget Update Year End FY 2014/2015 1

2 Our Purpose To provide our community a year-end review of the 2014/2015 fiscal year budget 2

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4 Our Mission: To maximize all available resources to provide well-planned, adequately resourced, professionally executed public programs, infrastructure, and services to County Citizens. 4

5 BOTTOM LINE County Finishes Fiscal Year 2014/2015 on Target Total Operational Expenditures were ¼% less than Revenue Allows $81,555 to be added to reserves. 5

6 1) Jail: Deficits Experienced in Four Areas Expenses exceeded income by $2,816,957 $694,434 less than last year $69,584 more than 4 years ago 2) Solid Waste: Required $579,167 from the County General Fund 6

7 3) E-911/CMRS: Deficits Experienced in Four Areas Required $4,444 from E-911/CMRS Reserves 4) EMS (Ambulance Service): Required $585,952 from the County General Fund 7

8 Department Operations General Operations OPERATING REVENUE AND EXPENSES 8

9 Operating Revenue Year End 2014/2015 Fund Budget Received Thru 30 Jun % Received General $ 17,165,977 $ 16,146, % Road + LGEA $ 3,840,314 $ 3,700, % Jail $ 5,067,565 $ 5,294, % Solid Waste $ 5,762,866 $ 4,603, % Federal Grants $ 6,000 $ 6, % SUBTOTAL: $ 31,842,722 $ 29,751, % E-911/CMRS Reserve $ 0 $ 2,430 Bluegrass Pipeline Reserve $ 0 $ 10,000 BDF Reserve $ 250,000 $ 250,000 General Reserve $ 328,500 $ 328,023 TOTAL: $ 32,421,222 $ 30,341, % Not including: BRAC State Funded Projects County Capital Projects Cardinal Building Purchase 9

10 Operating Expenditures Year End 2014/2015 Fund Budget Expended % Thru 30 Jun Expended General $ 14,307,914 $ 13,321, % Road + LGEA $ 3,931,076 $ 3,638, % Jail $ 8,180,879 $ 8,111, % Solid Waste $ 5,995,353 $ 5,182, % Federal Grants $ 6,000 $ 6, % TOTAL $ 32,421,222 $ 30,260, % Not including: BRAC State Funded Projects County Capital Projects Cardinal Building Purchase 10

11 DEPARTMENT BUDGETS 11

12 Department Expenditures Through Year End 2014/2015 Department Budget Expended % Expended Judge/Exec Office $ 318,027 $ 304, % Magistrates $ 359,448 $ 337, % Treasurer $ 276,078 $ 263, % Coroner $ 249,662 $ 240, % Emergency Mgmt $ 181,626 $ 166, % EMS $ 4,778,274 $ 4,673, % E-911 (Incl CMRS) $ 1,540,000 $ 1,386, % Engineering $ 267,929 $ 211, % Animal Control $ 604,038 $ 551, % Road and LGEA $ 3,931,076 $ 3,638, % Jail $ 8,180,879 $ 8,111, % Solid Waste $ 5,995,353 $ 5,182, % Building & Grounds $ 350,217 $ 321, % Not Including: County Capital Projects 12

13 Balance Sheet Through Year End 2014/2015 Fund Revenue Expenditures Net +(-) General $ 16,146,241 $ 13,321,116 $ 2,825,125 Road+LGEA $ 3,700,919 $ 3,638,818 $ 62,101 Jail $ 5,294,783 $ 8,111,740 $ (2,816,957) Solid Waste $ 4,603,409 $ 5,182,576 $ (579,167) Federal Grant $ 6,000 $ 6,000 $ 0 SUBTOTAL $ 29,751,352 $ 30,260,250 $ (508,898) E-911/CMRS Reserve $ 2,430 $ 0 $ 2,430 Bluegrass Pipeline Reserve $ 10,000 $ 0 $ 10,000 BDF Reserve $ 250,000 $ 0 $ 250,000 General Reserve $ 328,023 $ 0 $ 328,023 TOTAL $ 30,341,805 $ 30,260,250 $ 81,555 Not including: BRAC State Funded Projects County Capital Projects Cardinal Building Purchase 13

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15 Hardin County Indebtedness Description (As of June 30, 2015) Principal Due Library Bonds (2016) $ 117,450 EMS Bonds (2018) $ 595,900 Landfill Lease & Bonds (2016/2017/2019) $ 4,977,550 Detention Center Bonds (2021) $ 1,535,000 County Government Building (2039) $ 11,055,000 E-911 Equipment Lease (2024) $ 841,433 TOTAL: $ 19,122,333 15

16 Available Statutory Debt Capacity (Based on 2014 Property Valuations) Total Valuation of Property $ 6,228,886,193 Motor Vehicles $ 636,541,108 Watercraft $ 15,228,372 TOTAL VALUATION: $ 6,880,655,673 Hardin County Debt Capacity (2% of total valuation) $ 137,613,113 Current Debt of $ 19.1 M = 13.9% of Debt Capacity (as of June 30, 2015) 16

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18 Salaries 2010/2011, $7,160, /2012, $7,639, /13, $7,833, /14, $8,159, /15, $8,258,777 18

19 Personnel Costs Operational Costs 59.8% Personnel Costs 40.2% Benefits 32% $12,151,517 Salaries 68% $30,260,250 19

20 Personnel Expenditures Annual Comparison Fund 2011/ / / /2015 Pay Increase 0% 1.00% 1.00% 1.00% Payroll $ 7,639,708 $ 7,833,683 $ 8,159,309 $ 8,258,777 Social Security $ 531,338 $ 544,553 $ 564,208 $ 569,400 Retirement $ 2,033,751 $ 2,140,817 $ 2,156,581 $ 2,050,017 Health Insurance $ 701,394 $ 768,955 $ 1,087,003 $ 946,776 Unemployment $ 9,635 $ 24,247 $ 9,007 $ 0 Workers' Comp. $ 392,406 $ 294,038 $ 361,881 $ 326,546 TOTAL: $ 11,308,232 $ 11,606,293 $ 12,337,989 $ 12,151,516 Step-In-Grade started January 2009 Health Insurance increase over 3-year period = 35.0% Payroll increase over 3-year period = 8.1% Retirement increase over 3-year period = 2.1% TOTAL 3-year Personnel Cost increase = 7.5% 20

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22 Fuel Expense Annual Comparison 2011/ / / /2015 Budgeted $ 549,279 $ 572,356 $ 601,527 $ 580,723 Expended $ 537,885 $ 561,657 $ 576,147 $ 501,843 Net $ 11,394 $ 10,699 $ 25,380 $ 78,880 % +/- Budget -2.1% -1.9% -4.2% -13.6% Over a 3-year period, the County s annual fuel costs decreased by $36,042 or 6.7% 22

23 Fuel Expense Annual Comparison $700,000 $600,000 $500,000 $400,000 Budgeted Expended $300,000 $200,000 $100,000 $- 2008/ / / / / / /

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25 Road Department Annual Comparison (Including LGEA) 2011/ / / /2015 Revenue $ 3,003,094 $ 3,313,000 $ 3,505,131 $ 3,700,919 Expenses $ 2,989,858 $ 3,190,352 $ 3,436,671 $ 3,638,818 Net: $ 13,236 $ 122,648 $ 68,460 $ 62,101 State Supplement* $ 488,329 $ 494,563 $ 538,582 $ 874,923 Asphalt expense $ 746,803 $ 731,312 $ 919,435 $ 972,872 Tons of asphalt 14,327 13,434 16,856 18,143 * State Supplement included in Revenue 25

26 $4,000,000 Road Department Annual Comparison (Including LGEA) $3,500,000 $3,000,000 Expenses $2,500,000 $2,000,000 Revenue $1,500,000 26

27 Asphalt Tons 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,

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29 EMS Annual Comparison 2011/ / / /2015 Revenue $ 4,190,755 $ 4,182,469 $ 4,313,553 $ 4,087,364 Expenses $ 4,271,388 $ 4,339,149 $ 4,664,897 $ 4,673,316 Net: $ (80,633) $ (156,680) $ (351,344) $ (585,952) 29

30 $5,000,000 EMS Annual Comparison $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 Expenses Revenue $2,000,000 $1,500,000 $1,000,000 $500,000 $- 30

31 E-911/CMRS Annual Comparison 2011/ / / /2015 Revenue $ 1,406,730 $ 1,394,133 $ 1,502,263 $ 1,382,156 Expenses $ 1,162,090 $ 1,194,895 $ 1,382,899 $ 1,386,600 Net: $ 244,640 $ 199,238 $ 119,364 $ (4,444) 31

32 E-911/CMRS Annual Comparison $1,600,000 $1,400,000 $1,200,000 $1,000,000 Revenue Expenses $800,000 $600,000 $400,000 $200,000 $- 32

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34 Impact of Landfill Operations on County s General Fund Solid Waste Revenue $ 4,603,409 Solid Waste Expenses $ 5,182,576 TOTAL $ (579,167) 34

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36 Detention Center Annual Comparison 2011/ / / /2015 % In-County Inmates 50.1% 59.1% 47.9% 48.42% Expenditures $ 7,812,280 $ 7,869,751 $ 7,916,307 $ 8,111,740 Total Revenue $ 5,336,086 $ 4,826,978 $ 4,404,916 $ 5,294,783 = Revenue Shortfall $ 2,476,194 $ 3,042,773 $ 3,511,391 $ 2,816,957 + BDF (Current Year)* $ 435,823 $ 295,990 $ 0 $ 0 = County's Actual Cost $ 2,912,017 $ 3,338,763 $ 3,511,391 $ 2,816,957 + HMH "Write Offs" $ 122,772 $ 128,665 $ 167,247 $ 176,145 = County's Total Cost $ 3,034,789 $ 3,467,428 $ 3,678,638 $ 2,993,102 * BDF Current Year included in Revenue 36

37 $2,784,829 $2,429,504 $2,835,790 $2,747,373 $2,912,017 $2,816,957 $3,338,763 $3,511,391 County Government s Direct Cost to Balance Jail s Annual Budget 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000, , /08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 37

38 Detention Center Direct Medical Expenditures Fund Account 2011/ / / /2015 External Medical $ 0 $ 0 $ 0 $ 0 Medical Services * $ 903,560 $ 877,265 $ 830,488 $ 905,145 Medical Staff $ 0 $ 0 $ 0 $ 0 Contract Doctor $ 0 $ 0 $ 0 $ 0 Malpractice Ins. $ 0 $ 0 $ 0 $ 0 TOTAL $ 903,560 $ 877,265 $ 830,488 $ 905,145 * Southern Health Partners began on April 1,

39 HMH s Annual Write-Offs $700,000 for Jail s Medical Costs $600,000 $500,000 $566,272 $647,732 $517,038 HMH write-offs reduced by 73% from the 2005/2006 peak! $400,000 $300,000 Southern Health Partners April 07 $200,000 $100,000 $- $176,145 $148,776 $128,665 $167,247 $84,428 $122,772 $80,724 $11,624 04/05 05/06 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 39

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41 Summary FY 2014/2015 Total Operational Revenues were $30.34 M or 93.6% of Budget Total Operational Expenditures were $30.26 M or 93.3% of Budget Total Operational Expenditures were ¼% less than Revenue $81,555 transferred to Reserves 41

42 Summary FY 2014/2015 continued Total Personnel Expenditures were $12,151,516 or 2.7% less than budgeted Employee Health Insurance costs were $946,776 or 1.1% less than budgeted 42

43 Summary FY 2014/2015 continued Jail Expenses exceeded income by $2,816,957, or $69,139 less than budgeted Jail required from County Funds: $694,434 less than last year $69,584 more than 4 years ago 43

44 Summary FY 2014/2015 continued Solid Waste Expenses exceeded income by $579,167 or $ 234,169 more than last year EMS Expenses exceeded income by $585,952 or $234,608 more than last year 44

45 Summary FY 2014/2015 continued $5.0 M Fenced Reserve Reserve Balance as of June 30, 2015 $2.1M BDF Reserve $10.5 M Total Reserves $3.4 M General Reserve 45

46 County Property Tax Rates County Property Tax Rates are at lowest level in 24 years. Lowest County Wide Tax Rates in the Commonwealth. No County Occupational Tax or Insurance Premium Tax. 46

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