QUARTERLY FINANCIAL REPORT

Transcription

1 QUARTERLY FINANCIAL REPORT Page Key Trends...2 Executive Summary...3 Economic Indicators...4 General Fund...8 Public Safety & Justice...10 Land Use, Housing & Transportation...11 Health & Human Services...14 Investments...16 Activity Indicators...17 Prepared by: Washington County Administrative Office and Department of Support Services Finance Division

2 KEY TRENDS SUMMARY Economic Oregon unemployment Washington County unemployment Residential building activity General Fund Discretionary Revenues Total discretionary revenues Real estate transfer tax Recording fees Lodging tax Fund Balances General Fund Building Services Current Planning Road Fund Investment Income Page 2 of 23

3 Executive Summary Economic Indicator data included in this report is as of. The State of Oregon unemployment rate has stabilized; unemployment has ranged from 11.0% to 10.0% since March 31, Nevada has the highest unemployment rate at 13.20% while North Dakota, South Dakota and Nebraska are all below 5.0%. Oregon has the 43 rd highest rate in the nation. Washington County s unemployment rate was 8.1%; of the 36 counties, Washington ranked 5 th. Gilliam County has the lowest rate at 6.2% and Crook County the highest at 15.4%. Residential building permit activity is down slightly; for the three months ended, the three-month total for permit activity was 282 issued compared to 303 for the same three months in The activity is similar to the 283 issued for the same three months in 2009, but significantly below the 602 in Property taxes are the single largest source of discretionary revenue in the General Fund. While other revenue line items have seen more volatile fluctuations, property tax revenue has been increasing, although at a slower rate than in past years. General Fund revenues in total are slowly increasing, with the projected revenue for the fiscal year ending June 30, 2011, expected to be slightly higher than, going from $169.5m to $170.0m. With regards to specific General Fund revenue line items, recording fees and transient lodging taxare increasing while the real estate transfer tax are expected to decline. For the fiscal year ending June 30, 2011, recording fees are expected to increase from $2.8m to $3.0m and the transfer tax is expected to decrease from $2.5m to $2.2m. For the fiscal year ending June 30, 2010 the budgeted PERS rate was higher than the actual rate paid resulting in a $3 million increase in the General Fund ending fund balance. As a result, the fiscal year started with the General Fund reserve level at 20%. Land Use and Transportation continues to aggressively manage their Special Fund ending fund balances within the target ranges established by the department in The January 1, 2011 $0.06 increase in gas tax, as a result of the full implementation of House Bill 2001, will help fund road projects. The additional gas tax, plus increases in fuel and the use of mass transit by commuters to offset the higher price of fuel, contributes to the difficulties the department has experienced in keeping the ending fund balances within the targeted ranges. Investment income continues to remain at low levels. The State-managed local government investment pool rate of return has been at 0.50% since October 2010, while the County portfolio rate has been a little over 1.0% during the same period. As of the end of March, 2011, the collection rate for property taxes was slightly above prior year at 94.90% collected vs 94.79% collected in at that same time. Page 3 of 23

4 Economic Indicators Economic data is as of The State and local economies continue in recession with activity well below the levels of the past several years. The Federal Reserve Board of Philadelphia s economic index for Oregon, which increased for the past nineteen consecutive months, continued to show an increase in March The County s local unemployment rate was 1.2% below the peak in The County s unemployment rate of 8.1% is at the same level as it was in November 2010 after experiencing some ups and downs in the first half of the fiscal year. State of Oregon Economic Index Federal Reserve Bank Oregon Economic Index Index Value Mar-08 Jun-08 FRB OR Economic Index % Change in FRB OR Economic Index Sep-08 Dec-08 Mar-09 Source: Federal Reserve Bank of Philadelphia Jun-09 Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 Dec-10 Mar % 0.5% 0.0% -0.5% -1.0% -1.5% -2.0% % Change in Index Value The left hand axis and the bar graph show the value of the Federal Reserve Board index. The line graph shows the percentage change from the prior month. The Federal Reserve Bank's Oregon economic index is or 5.3% higher than March The variables combined to form a single index are non-farm payroll, average hours worked in manufacturing, unemployment rate and wage and salary disbursements deflated by CPI (US city average). State of Oregon Unemployment Unemployment Rate 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% OR Unemployment Rate - Seasonally Adjusted % Change in OR Unemployment Rate Mar-08 May-08 Jul-08 Sep-08 Nov-08 Jan-09 Mar-09 May-09 Jul-09 Sep-09 Nov-09 Jan-10 Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 Page 4 of % 15.0% 10.0% 5.0% 0.0% -5.0% -10.0% % Change in Rate The left hand axis and the bar graph show the unemployment rate. The right hand axis and the line graph show the percentage change from the prior month. The unemployment rate for this fiscal year in Oregon has fluctuated from a low of 9.9% in September 2010 to a high of 11% in January Oregon unemployment is down 13.93% from the May 2009 high and is.94% lower than a year ago.

5 State of Oregon General Fund Forecast General Fund Revenue ($000) $10,150 $9,150 $8,150 $7,150 $6,150 $5,150 $4,150 $3,150 $2,150 $1,150 $ % % General Fund Revenue -0.9% % % % % % % % % OR General Fund Forecast % Change OR GF Revenue % 10% 5% 0% -5% -10% % Change in GF Revenue The left hand axis and the bar graph show the Oregon General Fund revenue forecast. The right hand axis and the line graph show the percentage change from the prior year. The February 2011 Oregon General Fund forecast calls for a 7% increase in revenues compared to with a 4.1% increase in State of Oregon Total Non-Farm Employment Forecast Total Employment (000) 1,950 1,750 1,550 1,350 1, % 1.6% -0.7% -6.2% -1.0% 1.4% 2.0% 2.1% 2.3% 2.2% 2.0% 1.7% OR Total Non-Farm Employment Forecast % Change in OR Employment % 2.0% 0.0% -2.0% -4.0% -6.0% -8.0% % Change in Employment The left hand axis and the bar graph show total Oregon employment. The right hand axis and the line graph show the percentage change from the prior year. The February 2011 employment forecast calls for an increase in employment for the second consecutive year. Employment is expected to grow at 1.4% in 2011 and 2.0% in Page 5 of 23

6 Washington County Unemployment with Comparisons Unemployment Rate 12% 10% 8% 6% 4% 2% 0% Oregon United States Portland-Vancouver-Beaverton MSA Washington County 8.1% The unemployment rate in Washington County was 8.1% in March 2011, down from 8.6% in December 2010 and below the July 2009 peak of 9.9%. Local unemployment continued to be lower than the State, the Portland MSA, and the national average over the last six months. Washington County Total Residential Building Permits N o. P e rm its Is su e d Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Source: U.S. Census Bureau This graph shows the total cumulative residential building units permitted in the County by month. Permit numbers in the past year continue to drop from the previous year levels. A total of 1,164 residential building permits were issued by Washington County jurisdictions in 2010 or 374 (25%) fewer units than in 2008 and 1,539 (43%) fewer units than in The number of permits for March is not available for this report but the first two months of 2011 permits are on track with 2010 for the same time period. Page 6 of 23

7 Washington County Non-Farm Employment Mar Feb Mar # Chg # Chg % Chg % Chg Not Seasonally Adjusted Mo. Ago Yr. Ago Mo. Ago Yr. Ago Total nonfarm employment 235, , , , % 2.1% Total private 212, , , , % 2.7% Mining and logging (100) -25.0% Construction 10,300 10,300 9, % Manufacturing 41,600 41,600 40,400-1, % Durable goods 36,400 36,400 35,200-1, % Computer and electronic product manufacturing 25,400 25,400 24, % Semiconductor and electronic component mfg. 20,200 20,200 19, % Electronic instrument manufacturing 3,700 3,800 3,800 (100) (100) -2.6% -2.6% Nondurable goods 5,200 5,200 5, Trade, transportation, and utilities 46,100 46,000 45, % 0.7% Wholesale Trade 15,800 15,700 15, (100) 0.6% -0.6% Retail trade 27,200 27,200 26, % Food and beverage stores 5,000 5,000 4, % General merchandise stores 5,800 5,900 5,500 (100) % 5.5% Transportation, warehousing, and utilities 3,100 3,100 3,200 - (100) -3.1% Information 7,800 7,800 7, % Financial activities 15,500 15,500 15, % Professional and business services 35,000 34,800 32, , % 8.4% Professional and technical services 11,000 11,000 10, % Management of companies and enterprises 5,700 5,700 5, Administrative and waste services 18,300 18,100 15, , % 16.6% Educational and health services 29,600 29,500 29, % 0.3% Leisure and hospitality 19,200 19,000 18, % 2.7% Other services 7,000 7,000 6, % Government 23,300 23,300 23,900 - (600) -2.5% Federal government (100) -11.1% State government 2,700 2,700 2, Local government 19,800 19,800 20,300 - (500) -2.5% Local education 12,300 12,300 12,600 - (300) -2.4% Local government excluding educational services 7,500 7,500 7,700 - (200) -2.6% Washington County total non-farm employment increased by 600 jobs in March 2011 compared to February Total employment increased 4,900 jobs or 2.1% over March Increases were seen in trade, transportation and utilities, professional and business services, educational and health services, and leisure and hospitality businesses, and were offset by reductions in electronic instrument manufacturing and general merchandise stores. Page 7 of 23

8 General Fund General Fund Revenue in Total and by Major Category Total Revenues $25,000,000 $170,000,000 $150,000,000 $15,000,000 $130,000,000 $5,000,000 $110,000,000 $90,000,000 Estimate Intergovernmental Licenses, Charges & Fines Cost plan and SIP Other Taxes Total The left axis and bar graphs show General Fund revenues by major category. The right axis and line graphs show property tax revenue and General Fund revenues in total. Investment income, included in Other, has declined 81% from $2.7 million in to an estimated $400,000 for. Property tax revenue comprises 63% of total General Fund revenues and has steadily increased each year. Recording Fees, Lodging Tax and Real Estate Transfer Tax Revenue $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 Select General Fund Revenue Line Items Estimated Recording Fees Lodging Tax Real Estate Transfer Tax The real estate transfer tax is estimated to be 9.3% lower than fiscal year. Recording fees and lodging tax revenue are estimated to be 7% higher than fiscal year. The real estate transfer tax and recording fees are important sources of revenue for the General Fund and continue to be down significantly from prior levels. Page 8 of 23

9 General Fund Expenditures in Total and by Major Category $90,000,000 $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000, Estimate $180,000,000 $170,000,000 $160,000,000 $150,000,000 $140,000,000 $130,000,000 $120,000,000 Year end estimates indicate an increase in spending of 4.7% over fiscal year. Personal services represents 49% of total General Fund expenditures. Other expenditures include capital outlay, debt service and transfers to other funds; transfers comprise 95% of other expenditures. Personal Services Materials & Supplies Other Total Expenditures E nding Fund Balance $50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $15,000, % 25.0% 20.0% 15.0% 10.0% $5,000, % $ Estimate Ending Fund Balance Total Revenues Total Expenditures 26.7% 23.4% Ending Fund Balance as a % of Total Revenues 19.0% 20.2% Board policy is to have ending fund balance at 20% or greater of total revenues and not less than 15% of total revenues. 19.1% 16.4% 14.2% 12.5% 11.9% $220,000,000 $200,000,000 $180,000,000 $160,000,000 $140,000,000 $120,000,000 $100,000,000 R e v e n u e s a n d E x p e n d itu re s 12.2% Expenditures continue to outpace revenues. Departments have been asked to spend conservatively and the ending fund balance for fiscal year is currently projected at 19.07%. Maintaining the General Fund reserves between the Board mandated 15% - 20% of ending fund balance in subsequent years provides the County with financial stability as the economy slowly comes out of this recession. 0.0% Page 9 of 23

10 Public Safety & Justice Public Safety & Justice Revenue in Total and by Major Category Revenues by Major Category $25,000,000 $15,000,000 $5,000,000 Estimate $70,000,000 $68,000,000 $66,000,000 $64,000,000 $62,000,000 $60,000,000 Taxes Intergovernmental Licenses, Permits & Charges Miscellaneous Transfers In & Interfund Total Public Safety & Justice Expenditures in Total and by Major Category Expenditures by Category $15,000,000 $5,000,000 Estimate Materials & Services Other & Capital Interdepartmental Transfers Personal Services Total Actual $140,000,000 $120,000,000 $100,000,000 $80,000,000 $60,000,000 $40,000,000 Total Revenues Total Expenditures and Personal Services Total Public Safety & Justice revenues continue to decline. The overall decrease in licenses & permits, intergovernmental, charges for services, and operating transfers offset increases in the remaining revenue categories, resulting in a $537,021 or.83% net decrease from $64,806,861 in to $64,269,840 anticipated in. Expenditures are expected to increase from prior levels in most of the major expenditure categories; these increases are off-set by reductions in transfers to other funds and other expenditures. Personal services represents 72% of total expenditures in the Public Safety & Justice functional area. Page 10 of 23

11 Land Use & Transportation Road, Current Planning and Building Services Charges for Service $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 Total Charges for Service revenue are anticipated to increase $255,940 (8.6%) from $2,970,090 in to $3,226,030 in. Revenues are anticipated to slowly increase and are expected to remain 39% below the high of $5.6 million Est Building Services Fund Current Planning Fund Road Fund Total Gas Tax Revenue $21,000,000 $19,000,000 $18,000,000 $17,000,000 $16,000,000 $15,000, Building Services Fund Balance $14,000,000 $12,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 Target Range: $5.0 - $7.0 million Actual Actual Actual Actual Projected Ending Fund Balance Total Revenues Total Expenditures Forecast Gas tax revenue increased $1,554,784 (9.04%) in to $18,749,003 from $17,194,219 in gas tax revenues should come in just under $21 million by year end as House Bill 2001 (a $0.06 gas tax increase) was fully implemented in January Revenues are slightly lower than originally anticipated due to the increased cost of fuel during this quarter. Projected and forecasted ending fund balance for the Building Services Fund is either above or within the targeted range of $5 7 million. expenditures in the Building Services Fund exceeded revenues by $2.5 million. As a result, the ending fund balance decreased from $10.0 million in to $7.5 million in. Ending fund balance for is expected to be just over $6 million. Page 11 of 23

12 Current Planning Fund Balance $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 Target Range: $0.7 - $1.0 million Actual Actual Actual Actual Projected Ending Fund Balance Total Revenues Total Expenditures Forecast The Current Planning Fund expenditures exceeded revenues by $757,627. As a result, the ending fund balance decreased from $1.5 million in to $0.75 million in. With expenditures expected to continue to outpace revenues, the fund balance is forecasted to fall below the target range through Road Fund Balance $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $15,000,000 $5,000,000 Target Range: $8.0 - $11.0 million Actual Actual Actual Actual Projected Ending Fund Balance Total Revenues Total Expenditures Forecast The Road Fund revenues exceeded expenditures by $1.4 million in. As a result, the ending fund balance increased from $12.0 million in to $13.4 million in. The ending fund balance is expected to increase to $14 million at the end of while strategic plans for the use of the additional funds are developed. Page 12 of 23

13 Health & Human Services Health & Human Services Expenditures in Total and by Major Category $60,000,000 $80,000,000 $70,000,000 $50,000,000 $60,000,000 $40,000,000 $50,000,000 $30,000,000 $40,000,000 $30,000,000 The expenditures are estimated to increase by $14,520,829 (23.9%) over actual expenditures. This anticipated increase is due in part by the increases in the State Mental Health grant, Medicaid funding and the National Council on Aging grant Estimate Personal Services Materials & Services Other Total Actual Health & Human Services General Fund Revenues in Total and by Major Category $8,000,000 $6,000,000 $4,000,000 $2,000, Estimated Intergovernmental Revenue Licenses & Permits Charges for Services Other/Misc. Revenues Total $15,000,000 $5,000,000 General Fund org units for Health & Human Services include Public Health, HHS Administration, Animal Services and Veteran Services. The single largest org unit within the General Fund for HHS is Public Health. The majority of revenue for Public Health comes from the State. The line graph shows that total revenue is influenced primarily by increases and decreases in State funding. Human Services Division Revenues in Total and by Major Category $40,000,000 $40,000,000 $35,000,000 $35,000,000 $30,000,000 $30,000,000 $25,000,000 $25,000,000 $15,000,000 $15,000,000 The Human Services Division includes services for persons with developmental disabilities, mental health issues and alcohol/other drug abuse issues. The State provides the majority of the funding for the programs in this fund. $5,000, Estimate Intergovernmental Other/Misc. Revenues Total $5,000,000 Page 13 of 23

14 Oregon Health Plan - Mental Health Fund Annual Revenues $15,000,000 The County receives funds from the Oregon Health Plan (OHP) to provide mental health services to County residents enrolled in the plan. $5,000, Estimate Page 14 of 23

15 Washington County Investment Portfolio Balances & Rates of Return $400,000, % $350,000,000 $300,000,000 $250,000,000 $200,000,000 $150,000,000 $100,000,000 $50,000,000 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 LGIP Investment Portfolio LGIP Rate Portfolio Rate 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% From the quarterly report from Davidson Fixed Income Management (DFIM), Inc., the County s Investment Advisor: MARKET OVERVIEW A quarter of relatively calm markets in a chaotic world: A devastating earthquake and aftermath in Japan, continued unrest in the Middle East and North Africa and many European countries under extreme fiscal and budgetary pressure resulted in a relatively stable U.S. Fixed Income market with an upward movement in rates. The two year note began the quarter at a rate of 0.60% and closed the quarter at 0.825%. The U.S. economy is becoming resilient and we are seeing signs of slow improvements in economic numbers. Inflation numbers came in higher than was anticipated last quarter and may return the FOMC s radar screen as a priority. To date, the Fed has seen no threat from inflation, but if it does accelerate, then the Fed will be forced to move rates up to control price expansion. U.S. growth appears to be on track in the short term; however, there are a number of headwinds including rising oil prices, high unemployment, and a sluggish housing market. Additionally, monetary and fiscal policy will likely become less accommodative as the year goes on. The market should continue to be volatile as unstable global conditions, U.S. political battles, and unknown circumstances/crisis will likely impact value in the government bond market. QE (quantitative easing) 2 will end in June: The Fed s $600 Billion minimum of Treasury buying will be completed by June 30 th and is dependent on the debt ceiling limit. We are also waiting on an announcement if the Fed is planning on QEIII. The goal of QE2 was to decrease long-term interest rates; however, the market reaction has been for higher rates in the longer sector of the market. In our opinion, if they do not complete the $600 billion in purchases and if QEIII is not executed, rates should increase. Inflation: Rising commodity prices have started to flow through to consumer prices, causing CPI to increase to 2.6%.Through this economic slowdown and flooding of liquidity, inflation has stayed low and has not disrupted the infusion of cash. However, if inflation does increase more drastically and the Fed views it as a threat, the Fed will have to look at moving rates up to mitigate the effect on the economy. Page 15 of 23

16 Activity Indicators General Government/Other Recording Transactions Total Transactions 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 Recording transactions increased by 448 (0.4%), from 102,667 in to 103,115 in. Total recording transaction volume in remained below levels. Recordings for are up 8,072 from for the period of July through March. Real Estate Transfer Transactions Total Transactions 1,200 1,100 1, The total number of real estate transfer transactions increased by 1,609 (25%), from 6,439 in to 8,048 in. However, recording transaction volumes in were 1,214 transactions (13%) lower than they were in. Fiscal year transactions for the period of July through March show a decline of 1,228 over the same period in fiscal year. Page 16 of 23

17 Marriage Licenses Issued Total Licenses The total number of marriage licenses issued decreased by 137 (4.5%) from 3,073 in to 2,936 in. This continues the downward trend from, when marriage licenses totaled 3,166. As of the end of March, marriage licenses for are higher than volumes during the same 3 rd quarter period. Percentage of Property Tax Levy Turned Over to Districts Total Transactions 96% 94% 92% 90% 88% 86% 84% 82% 80% For fiscal year the County had collected and turned over 94.42% of the property taxes levied by other taxing districts. This is slightly higher than the 94.29% for and lower than the 94.95% for. Washington County Cooperative Library System Items Checked Out Total Items Checked Out 1,200,000 1,100,000 1,000, , , , , , ,000 The total number of items checked out by library patrons increased 1,345,929 or 13.8% from 9,756,074 in to 11,102,003 in. The Beaverton Murray Scholls library opened June 25, As of this report, the number of items checked out for is showing an increase of 13.7% and is 34,926 higher than through the 3 rd quarter of. Page 17 of 23

18 Public Safety & Justice Sheriff s Office Public Demand Incidents Incidents 5,500 5,000 4,500 4,000 3,500 3,000 2,500 Total public demand Sheriff s Office incidents (calls to 911) decreased.07% through the third quarter of compared to the same period in. The number of public demand calls for service is typically highest during the summer months. Sheriff s Office Officer Initiated Incidents Incidents 10,000 9,000 8,000 7,000 6,000 5,000 Consistent with a renewed emphasis on self initiated activity and its positive impacts on public safety, total officer initiated Sheriff s Office incidents (ex: traffic stops) increased 1% through the third quarter of compared to the same period in. 4,000 Washington County Jail Bookings Jail Bookings 1,800 1,700 1,600 1,500 1,400 1,300 1,200 1,100 Total bookings into the Washington County jail increased 2% through the third quarter of compared to the same period in. Overall trends for the most recent year are comparable to the two previous years, and the overall drop in bookings for is generally mirrored nation wide. Page 18 of 23

19 Washington County Jail Forced Release of Inmates Jail Forced Early Releases Total bookings into the Washington County jail increased 2% through the third quarter of compared to the same period in. Overall trends for the most recent year are comparable to the two previous years, and the overall drop in bookings for is generally mirrored nation wide. - Justice Court Fine Revenue and Citations Fine Revenue $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 Fines # of Citations ,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 - Traffic Citations Traffic Citations increased 56.8% in. Justice Court Fine revenue also increased 33.3% in. The increase is due to a high percentage of new deputies in training and key turn-over in Traffic Team personnel in fiscal year. Fiscal year revenue is anticipated to decrease by 4.3% and citations are estimated to be down 31% from levels. Page 19 of 23

20 Land Use & Transportation Single Family Residential Building Permits Issued No. Permits Issued Jul - Sep Oct - Dec Jan - Mar Apr - Jun Commercial/Industrial Building Permits Issued No. Permits Issued Jul - Sep Oct - Dec Jan - Mar Apr - Jun 9 The County issued a total of 539 single family building permits through the 4 th quarter or 124 more (29.9%) than through the same period in. The total number of permits issued through the 3 rd quarter of declined by 170 permits or 30%; compared to the same period in. As of the 3 rd quarter the number of permits is five more than the same quarter in. The County has issued a total of 18 commercial building permits through the 3 rd quarter. This is three higher than the amount in the last two fiscal years and seven more than the same period in. Page 20 of 23

21 Building Permit Valuation Permit Value $500,000,000 $450,000,000 $400,000,000 $350,000,000 $300,000,000 $250,000,000 $200,000,000 $150,000,000 $100,000,000 $50,000,000 Jul - Sep Oct - Dec Jan - Mar Apr - Jun The value of Washington County building permits issued through the 4 th quarter was $20.7 million higher (10.3%) than through the same period in. The total valuation through the 4 th quarter was 50.3% below the valuation through the 4 th quarter in. 3 rd quarter is showing a decrease of 7.5% from the same quarter for. Health & Human Services Women, Infants and Children Program Participating Caseload Participating Caseload 13,600 13,400 13,200 13,000 12,800 12,600 12,400 12,200 12,000 Excludes walk-in clients The total Women, Infants and Children (WIC) program participating caseload increased slightly, by 1,821 (1.2%), from 156,178 in to 157,999 in Caseload cumulative totals have decreased through the end of the third quarter by 2,935 cases compared to the third quarter of. This quarter ending reduction brings the total clients served in line with the case load levels of. Page 21 of 23

22 Mental Health Indigent Care Program Patients Seen Total Patients Seen by Month 1,100 1, The total number of mental health indigent care program patients (State General Fund only) seen in declined by 261 or 3% from 7,794 in to 7,533 in. Clients served through the 3 rd quarter of have declined 703 (12%) from the same period in. 400 Animal Services Adoptions Total Adoptions Animal Services processed a total of 1,470 animal adoptions in. Through the 3 rd quarter four fewer adoptions have been processed in fiscal year as compared to the 3 rd quarter of. 60 Page 22 of 23

23 Active Dog Licenses Total Active Licenses 46,000 44,000 42,000 40,000 38,000 36,000 34,000 32,000 30,000 Animal Services had 44,062 active dog licenses for Dog licenses cumulative counts through the third quarter of are 10,283 (8.4%) higher than. Solid Waste Franchise Fee Revenue Total Franchise Fees Cumulative by Quarter 1,600,000 1,400,000 1,200,000 1,000, , , , ,000 $1,153,215 $625,599 - Jul - Sep Oct - Dec Jan - Mar Apr - Jun The County received a total of $1,153,215 in solid waste franchise fee revenue through the 4 th quarter of. The 3 rd quarter of is $38,544 higher than but is still lower than the 3 rd quarter high of $730,543. Page 23 of 23