WOOD COUNTY, OHIO. Citizens Financial Report. Michael Sibbersen, Auditor FOR THE YEAR ENDED DECEMBER 31, 2013

Transcription

1 WOOD COUNTY, OHIO Citizens Financial Report FOR THE YEAR ENDED DECEMBER 31, 2013 Michael Sibbersen, Auditor

2 Citizens Financial Report For the Year Ended December 31, 2013 Table of Contents Introduction... 1 Principal Officials... 2 Organizational Chart... 4 Developments and Trends... 5 Investments, Sales Tax and Investment Income... 8 Statement of Net Position... 9 Statement of Revenues, Expenditures, and Changes in Fund Balance Where the Money Comes From Where the Money Goes A Closer Look at Taxes Your County Property Tax Dollar Residential Property Taxes How to Compute Your Tax Bill Summary of Taxes Collected and Disbursed.18 Debt Obligations Unemployment and Population Principal Taxpayers and Largest Employers How Do We Compare? The Wood County Auditor s Office Wood County Auditors Auditor of State Award with Distinction Questions, comments, or suggestions regarding this report can be directed to Wood County Auditor Michael Sibbersen s Office at or Toll Free or auditor@co.wood.oh.us. Prepared by: Rick Rosendale, Audit and Financial Reporting Accountant

3 MICHAEL SIBBERSEN WOOD COUNTY AUDITOR ONE COURTHOUSE SQUARE P.O. BOX 368 BOWLING GREEN, OHIO Local to Bowling Green (419) Toll Free Extension 9150 To the Citizens of Wood County, As Wood County s Chief Financial Officer, it is my pleasure to present Wood County s Citizens Financial Report for the year ended December 31, This report provides a brief and easily understood financial summary of the County s revenues and expenditures as well as statistical information about the County and the local economy. The purpose is to provide greater accountability to you, as county citizens. The statements and charts contained in this report are unaudited; however, most of the information in this report has been taken from Wood County s 2013 Comprehensive Annual Financial Report (CAFR). The County s CAFR was audited by the Auditor of State of Ohio and conforms to generally accepted accounting principles (GAAP). This report does not include agency funds, component units, or full disclosure of all material financial and non-financial events reported in the notes to the financial statements. Our first CAFR was compiled in 1996, and each year since we have received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA). The Citizens Financial Report of Wood County is a continuation of the level of professionalism the Wood County Auditor s Office has worked to attain, and is presented as a means of increasing public confidence in county government and its elected officials through easier, more user friendly information. If you have any questions or comments please feel free to contact me. Sincerely, Wood County Auditor Michael Sibbersen 1

4 WOOD COUNTY, OHIO PRINCIPAL OFFICIALS December 31, 2013 ELECTED OFFICIALS Commissioner... James F. Carter Commissioner... Doris Herringshaw Commissioner... Joel M. Kuhlman Auditor... Michael Sibbersen Treasurer... Jill Engle Recorder... Julie Baumgardner Clerk of Courts... Cindy A. Hofner Coroner... Douglas W. Hess Engineer... Raymond A. Huber Prosecuting Attorney... Paul A. Dobson Sheriff...Mark Wasylyshyn Common Pleas Judge... Reeve Kelsey Common Pleas Judge... Alan Mayberry Common Pleas Judge... Robert Pollex Probate/Juvenile Judge... David Woessner 2

5 Wood County Elected Officials Front Row: Sheriff Mark Wasylyshyn, Commissioner James F. Carter, Commissioner Doris Herringshaw, Commissioner Joel M. Kuhlman, Auditor Michael Sibbersen. Middle Row: Treasurer Jill Engle, Clerk of Courts Cindy A. Hofner, Recorder Julie Baumgardner, Judge David Woessner, Prosecutor Paul A. Dobson. Back Row: Judge Robert Pollex, Judge Reeve Kelsey, Judge Alan Mayberry, Engineer Raymond A. Huber, Coroner Douglas W. Hess. 3

6 YOUR WOOD COUNTY GOVERNMENT Wood County Electorate AUDITOR CLERK OF COURTS CORONER ENGINEER BOARD OF PROSECUTING RECORDER COURT OF TREASURER Sheriff COUNTY ATTORNEY COMMON PLEAS Michael Sibbersen Cindy A. Hofner Douglas W. Hess Raymond A. Huber COMMISSIONERS Paul A. Dobson Julie Baumgardner Jill Engle Mark Wasylyshyn James F. Carter Doris Herringshaw Weights & Measures Auto Title Highway Garage Joel M. Kuhlman Criminal Division Communications/ Geographic Legal Division Civil Division 911 Information System 6th District Court Juvenile Division General Division Probate and Justice Center (GIS) of Appeals Youth Services and Reeve Kelsey Juvenile Division Programs Alan Mayberry Robert Pollex David Woessner County Administrator Andrew Kalmar Adult Probation Court Administration Court Security Domestic Relations Court Security Juvenile Detention Center Juvenile Probation 4 Buildings and Emergency Dog Shelter Historical Department of Wood Haven Health Grounds Management Center and Job and Family Care (EGL/Courthouse) Agency Museum Services (Nursing Home) Records Center Solid Waste Management District Building Child Support Information Inspection Enforcement Technology Agency Office of Economic Development Landfill BOARDS AND COMMISSIONS JOINTLY GOVERNED ORGANIZATIONS RELATED ORGANIZATIONS INDEPENDENT COUNTY AGENCIES Alcohol Drug Addiction Mental Health Services Juvenile Residential Center of Northwest Ohio District Public Library Agricultural Society (Serves 10 County Area) Board of Elections Park District Economic Development Commission Northwest Community Corrections Center Developmental Disabilities (Wood Lane) (Serves 5 County Area) Regional Airport Authority Educational Service Center Law Library Planning Commission DISCRETELY PRESENTED COMPONENT UNITS Health Department Historical Society Public Defender Commission Wood Lane Industries Northwestern Water and Sewer District Senior Citizens Center/Committee on Aging Wood Lane Residential Services/Properties Ohio State University Extension Veterans Service Center Wood County Port Authority Soil and Water Conservation District

7 DEVELOPMENTS AND TRENDS IN WOOD COUNTY 2013 Wood County was formed on April 1, 1820, and named for Colonel Eleazer D. Wood, an engineer and officer at Fort Meigs during the War of The City of Perrysburg was the County seat prior to 1868 when county offices were moved to the City of Bowling Green. Wood County is located in northwestern Ohio, almost directly south of the City of Toledo, and covers an area of 619 square miles. The County is comprised of 5 cities, 21 villages, and 19 townships; the County seat is Bowling Green. According to 2013 estimates, the population of Wood County is 129,264. Bowling Green is the largest subdivision with a population of 31,384. Most of the County s industry is located in the northern section, the remainder being largely in the various cities and villages. The County provides for its citizens with the powers conferred upon it by Ohio statutes. Fifteen officials are elected by the voters of the County to manage various segments of the County's operations. They are the three Commissioners, Auditor, Treasurer, Recorder, Clerk of Courts, Coroner, Engineer, Prosecuting Attorney, Sheriff, three Common Pleas Court Judges, and the Probate/Juvenile Court Judge. All elected officials are authorized to perform his or her duties under various sections of the Ohio Revised Code. The elected three-member Board of County Commissioners functions as both the legislative and executive branches. Each commissioner serves a term of four years. The County budget process is constantly evolving and being refined throughout the year. The County Commissioners are required by law to adopt a permanent budget no later than March 31 of each year and a final budget no later than the end of the year. The County s budget is tied to the official certificate of estimated resources (certificate). The certificate details the total amount of funds available from all sources, including the unencumbered cash balances from the previous year. Appropriations cannot exceed the amount listed on the certificate for each fund. Often it is necessary to amend the certificate to reflect additional funds received, or in some cases reduce the certificate when it is apparent that anticipated revenues will not be forthcoming. The Auditor serves as the County s chief fiscal officer and appraiser. He prepares financial reports, acts as payroll agent, and reviews and pays all County bills. The distribution of real and personal property tax settlements to the subdivisions and the distribution of local government funds are also the responsibility of the Auditor. An agent for the Ohio Department of Taxation, the Auditor processes and distributes estate tax payments, sells vendor s licenses, and is the sealer of weights and measures. The Treasurer oversees the receipt and disbursement of funds for the County and is responsible for collecting taxes for the County, as well as for the schools, municipalities, and townships within the County. The Treasurer is the custodian of all County funds and is responsible for investing those funds. As the repository of records for all property transactions in the County, the Recorder is responsible for safeguarding every property owner s title. Real estate documents constitute a major portion of the recordings and/or filings, but financing statements on personal property and military discharge papers are also filed in the Recorder s office. The Clerk of Courts maintains the records of Common Pleas Court, issues motor vehicle and watercraft titles, and serves as Clerk for the Six District Court of Appeals. A licensed physician, the Coroner evaluates and rules on all violent, accidental, and suspicious circumstance deaths, homicides, suicides, and sudden deaths of persons in apparent good health. The Engineer has the responsibility of maintaining highways, bridges, culverts, and traffic control signs in a safe and proper manner each day of the year. Cleaning, debrushing, and general ditch maintenance are also the responsibility of the Engineer. The Office of the Prosecuting Attorney includes three divisions: the criminal division prosecutes all felony criminal offenses occurring in the County; the juvenile division prosecutes all cases involving juvenile offenders; and, the civil division provides legal services to the County, including school districts and townships. 5

8 As the County s chief law enforcement officer, the Sheriff provides law enforcement, correctional services, and civil services to residents. The Sheriff polices and serves all areas in the County and provides contract police services. The Court of Common Pleas, General Division, handles felony criminal matters; domestic relations matters, including divorce, dissolution, change of custody, visitations, and child and spousal support enforcement and modification; general matters, including those arising out of auto accidents, product liability claims, real estate matters, contract disputes, and administrative appeals such as those in the area of workers compensation, unemployment compensation, and appeals from certain local government decisions. The Probate/Juvenile Court hears probate cases involving decedent s estates, guardianships, conservatorships, testamentary trust, civil actions, adoptions, mental illness, minor settlements, and wrongful deaths. The Juvenile Division hears cases concerning traffic offenses, delinquency, unruliness, neglect, abuse, dependency, and custody involving individuals under the age of eighteen, as well as paternity cases for adults and children. ECONOMIC CONDITION AND OUTLOOK The economic picture in Wood County has continued to show remarkable improvement in both its current employment situation and better visibility going forward through the announcements of new jobs and capital investments by private employers. In Perrysburg Township, Precision Strip and Lako Tool both announced expansions of their existing operations. Camping World began construction of a new retail facility next to Bass Pro Shops in the City of Rossford. EPI Global announced a new facility for their operations in Lake Township near Metcalf Field and Willmar International opened their new building across from the CSX Intermodal Terminal in Henry Township. Finally, Home Depot began construction on a 1.6 million square foot distribution center in Troy Township. When complete, the Home Depot distribution center will be the largest building under one roof in the County. This facility represents a $130 million investment and also involves the construction of a new road that will open up additional land for development. An important project currently underway has a simple yet significant name, Good Jobs. The message of this endeavor is we have good jobs right here in Wood County if you are prepared with skills and education necessary to get them. Focused primarily on young people in school, the Good Jobs group is discussing ways to encourage better understanding of modern manufacturing. The manufacturing jobs of today are clean, hightech, and pay well. The keys to employment are skills and education. WOOD COUNTY MAJOR INITIATIVES Taxes derived from casinos in Ohio are a new source of revenue to counties. The County wanted to identify a use for casino revenues that would benefit a majority of county residents. Therefore, to promote bridge and infrastructure improvement, casino money is going to be used to pay for design and engineering of bridges that are in need of replacement. Thus, bridge projects will be ready to bid when funding becomes available. Like roads and bridges, the County landfill is a resource for the entire county. So, a portion of the 2013 casino revenues are being used to fund the construction of a new scale house at the landfill to be built in A design firm has been hired for the Justice Center expansion and renovation project. The Justice Center, a 149 bed facility, was first occupied in 1990 and has a staff of over fifty deputies involved in the operations. The majority of the project will entail remodeling an existing connected building to increase the ability to house minimum security prisoners. This will allow the County to stop paying for housing of prisoners in the jails of neighboring counties, thus saving local tax dollars. 6

9 The County continues to monitor progress of the widening of the congested section of I-75 from Perrysburg to Findlay. The Ohio Department of Transportation estimates a cost of approximately $151 million to add an additional lane to I-75. The survey work has occurred and the project to widen I-75 to three lanes remains on track to commence in GENERAL FUND BALANCE The General Fund is used to account for resources associated with the general governmental operations of the County that are not required to be accounted for in other specific funds. The following chart shows the December 31 balance of the General Fund for the past five years on a generally accepted accounting principles (GAAP) basis. This calculation generally shows a balance in excess of actual cash on hand. Due to prior commitments and upcoming obligations, the balance shown is not the actual amount of resources available to be spent. The General Fund unencumbered cash available at December 31, 2013 was $12,290, ,000,000 22,239,918 23,099,581 22,122,613 20,000,000 16,773,937 17,566,566 15,000,000 10,000,000 5,000,

10 INVESTMENTS Investment Fair Value Negotiable Certificates of Deposit $1,250,147 Federal Home Loan Mortgage Corporation Notes 21,403,796 Federal Farm Credit Bank Notes 13,045,120 Federal Home Loan Bank Notes 9,435,915 Federal National Mortgage Association Notes 41,208,959 Mutual Funds 769,806 STAR Ohio 170,850 Total Investments $87,284,593 This summary provides an analysis of the different types of investments carried by the County. Fair Value refers to the amount the County could receive if it sold the investment. SALES TAX AND NET INVESTMENT INCOME 21,000,000 18,000,000 15,000,000 15,084,917 15,486,671 16,519,667 17,205,173 17,662,029 12,000,000 9,000,000 Sales Tax Investment Income 6,000,000 3,000,000-2,883,430 1,278,078 1,729,620 2,210, (284,364) 2013 investment income was negative due to a decrease in the fair market value of the County s investments. 8

11 STATEMENT OF NET POSITION December 31, 2013 SUMMARY The Statement of Net Position, known in accounting terms as the "Balance Sheet", is designed to provide a picture of the County's Financial Position at the end of the year. (Excluding agency funds, investment trust fund, and component units.) FINANCIAL BENEFITS Short Term Debt represents the Deferred Inflows of Resources amount of "notes" which are and Unearned Revenues are Cash is the amount of physical issued so the County can obtain items that cannot be recognized cash held by the County in funds from outside entities for as revenues of the period in which checking accounts and on hand projects it undertakes. These they are received, as the monies for purposes of paying expenses. notes must be paid for within one will not be available until a year. subsequent period. Investments are made up of the funds not needed to be held to Long Term Debt represents the BENEFITS OVER DETRIMENTS pay expenses. The Treasurer amount of bonds which the invests these funds in a variety of County has issued and still owes. This amount represents the different types of accounts. This Bonds do not have to be paid off difference between the financial allows the County to earn interest in one year, rather the County benefits of the County and the on its surplus cash. makes monthly or yearly detriments which it must pay. The payments on these amounts. amount provides the net worth of Receivables represent the the County. amounts which are owed to the County and which are expected to be paid to the County after December 31, Statement of Net Position December 31, 2013 Excludes: Property and Equipment Agency Funds, Investment Trust Fund, and Component Units represents the land, buildings, equipment, furniture, and vehicles Financial Benefits which provide for an economic Cash $ 84,478,321 benefit of greater than one year. Investments 7,503,228 Receivables 51,462,980 FINANCIAL DETRIMENTS Property and Equipment 89,050,599 Other Assets 1,120,221 Amounts Owed to Employees Total Financial Benefits $ 233,615,349 and Vendors are those items which the County owes to Financial Detriments individuals and companies who Amounts Owed to Employees supply a good or service, and the and Vendors $ 19,091,002 expected payment is to be made Short Term Debt - after December 31, Long Term Debt 3,579,000 Unearned Revenue - Deferred Inflows of Resources 33,430,010 Total Financial Detriments $ 56,100,012 Benefits Over Detriments $ 177,515,337 9

12 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE For The Year Ended December 31, 2013 SUMMARY The Statement of Revenues, Expenditures, and Changes in Fund Balance, known in accounting terms as the "Income Statement", is designed to provide a record of the money received and spent during the year. (Excluding agency funds, investment trust fund, and component units.) SOURCES OF REVENUE Sources of revenue are the monies received by the County from a variety of sources used to pay for the services it provides. Taxes are resources which Intergovernmental is the Interest is the earnings on the include Real Estate Tax, combined resources received County's investments. For 2013 Delinquent Personal Property Tax, from grants and monies interest was negative due to a Sales Tax, and a variety of smaller administered by the State of Ohio decrease in the fair market value taxes. and the Federal Government. of the County's investments. Charges for Services are the Special Assessments are Other Revenues are those combined resources of various amounts levied on real estate bills revenues received that do not fit County departments and by the County and other local into the other designated agencies for fees paid to them for governments for providing categories, such as refunds, sale services they provide. improvements such as ditches, of personal property, rent, and water and sewer service, lighting, unexpended allowances. Licenses and Permits are the and sidewalks. revenues derived from selling these items. Health Insurance/Workers' Compensation is charges made Fines, Costs, and Forfeitures to all County offices and agencies are the resources derived from in order to provide these fines and costs levied in the coverages to employees. Courts, and the monies received from a variety of forfeitures, including seized property. SERVICES PROVIDED Services provided are the amounts spent in order to provide services to citizens. Legislative and Executive Judicial expenditures reflect the Public Works expenditures expenditures are for the costs costs of administering justice reflect the costs incurred by the incurred by administrative offices through the Wood County County Engineer and Solid Waste including the Commissioners, Courts. Management District. Auditor, Treasurer, Prosecuting Attorney, Planning Commission, Public Safety expenditures Health expenditures reflect the Board of Elections, Recorder, reflect the costs of the Coroner, costs to maintain public health, and Records Center. Sheriff, Communications Center, including the Dog Shelter and and Justice Center. Alcohol Drug Addiction and Mental Health Services Board. 10

13 Health Insurance/Workers' Compensation expenditures are the costs to provide insurance coverage for health and work related accidents to the employees of the County. Resources Taken In Taxes $ 49,341,540 Human Services expenditures Charges for Services 20,303,118 relate to the Department of Job Licenses and Permits 1,794,563 and Family Services, the Board of Fines, Costs, and Forfeitures 811,545 Developmental Disabilities Intergovernmental 38,169,740 (formerly MRDD), the Child Special Assessments 555,906 Support Enforcement Agency, and Health Insurance/Workers' Compensation 7,616,722 the Veteran's Assistance Center. Interest (284,364) Other 1,555,719 Conservation and Recreation Total Revenues and Resources $ 119,864,489 expenditures are the costs incurred relating to the Historical Services Provided Museum and Center. Legislative and Executive $ 16,894,159 Judicial 8,480,566 Economic Development Public Safety 8,862,303 expenditures are costs related to Public Works 9,176,663 creating and/or keeping business Health 10,517,831 and industry in the County. Health Insurance/Workers' Compensation 8,847,774 Human Services 43,071,812 Other expenditures relate to Conservation and Recreation 278,754 costs that do not fit in the above Economic Development 1,191,256 categories. Other 494,264 Capital Outlay 2,562,581 Capital Outlay expenditures are Intergovernmental 400,546 specifically related to the Debt Service 982,454 purchase and construction of Enterprise 9,272,563 improvements to County land, Total Expenditures and Services $ 121,033,526 buildings, equipment, and vehicles. Intergovernmental expenditures are monies passed through the County government to other governments, including the Ohio State University Extension Office. Debt Service expenditures relate to the costs of paying principal and interest on County debt. STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE For the Year Ended December 31, 2013 Excludes: Agency Funds, Investment Trust Fund, and Component Units Revenues and Resources Over Expenditures and Services $ (1,169,037) Enterprise expenses are those costs associated with operating Building Inspection, Wood Haven Health Care (Nursing Home), and the Landfill. 11

14 WHERE THE MONEY COMES FROM County Revenues Health Insurance/Workers' Comp 6.3% Special Assessments 0.5% Other 1.3% Interest -0.2% Intergovernmental 31.8% Taxes 41.2% Fines, Costs, & Forfeitures 0.7% Licenses & Permits 1.5% Charges for Services 16.9% COUNTY REVENUES - LAST 3 YEARS Taxes $ 49,341,540 $ 48,429,014 $ 44,913,920 Charges for Services 20,303,118 20,248,321 18,407,539 Licenses and Permits 1,794,563 1,468,702 1,527,864 Fines, Costs, and Forfeitures 811, , ,987 Intergovernmental 38,169,740 38,840,544 42,104,547 Special Assessments 555, , ,680 Health Insurance/Workers' Compensation 7,616,722 7,476,524 6,755,734 Interest* (284,364) 1,278,078 2,210,666 Other 1,555,719 2,820,020 1,389,497 Total Revenues and Resources $ 119,864,489 $ 122,196,070 $ 118,873,434 *Interest revenue was negative due to a decrease in the fair market value of the County's investments. 12

15 WHERE THE MONEY GOES County Expenditures Other 0.4% Conservation & Recreation 0.2% Intergovernmental 0.3% Economic Development 1.0% Debt Service 0.8% Capital Outlay 2.1% Enterprise 7.7% Legislative & Executive 14.0% Judicial 7.0% Public Safety 7.3% Human Services 35.6% Public Works 7.6% Health Ins/Work Comp 7.3% Health 8.7% COUNTY EXPENDITURES - LAST 3 YEARS Legislative and Executive $ 16,894,159 $ 16,784,422 $ 17,180,532 Judicial 8,480,566 8,393,890 8,584,152 Public Safety 8,862,303 8,351,023 8,246,039 Public Works 9,176,663 10,140,819 8,106,562 Health 10,517,831 12,747,214 14,021,344 Health Insurance/Workers' Compensation 8,847,774 8,671,277 7,405,734 Human Services 43,071,812 42,215,361 41,454,753 Conservation and Recreation 278, , ,725 Economic Development 1,191,256 1,170,776 1,081,278 Other 494, , ,830 Capital Outlay 2,562,581 2,401,678 1,807,739 Intergovernmental 400, , ,357 Debt Service 982,454 1,039,517 1,063,040 Enterprise 9,272,563 8,723,567 8,613,047 Total Expenditures and Services $ 121,033,526 $ 121,819,595 $ 118,746,132 13

16 A CLOSER LOOK AT TAXES COUNTY REVENUES Special Assessments 0.5% Fines, Costs, & Forfeitures 0.7% Health Insurance/Workers' Comp 6.3% Charges for Services 16.9% Other 1.3% Interest -0.2% Intergovernmental 31.8% Licenses & Permits 1.5% Taxes 41.2% TAX REVENUES BREAKOUT PROPERTY TAX BREAKOUT Permissive Motor Vehicle Gas 8.2% Sales 35.8% Other 0.2% City/ Village 7.5% Township 8.4% Library 0.8% County 19.9% Property (Real Estate) 55.8% School 63.4% COUNTY PORTION OF PROPERTY TAXES BROKEN DOWN Parks 7.8% Health 4.4% ADAMHSB 19.7% Senior Citizens 5.5% Board of DD 33.7% General Operating 18.3% Historical Center 0.4% Child & Adult Protective Services 10.2% 14

17 YOUR COUNTY PROPERTY TAX DOLLAR General Operating - Wood County's share of the "inside 10 mills" of unvoted property tax equals 2.4 mills. Of the total available, 2.35 mills is designated for the General Fund and generated approximately $6,460,576 in Historical Center - With the agreement of the Wood County Commissioners, the Wood County Budget Commission levies.05 mill of the County's inside millage on behalf of the Wood County Historical Museum site. Commitment to preservation and upkeep of the Historical Museum site (formerly the County Home) has been deemed essential for the education and heritage of future generations. In 2013, approximately $137,459 was collected for this purpose. Child and Adult Protective Services marks the fifth year of a 10 year, 1.3 mill replacement levy for the Wood County Department of Job and Family Services. This levy offers protective services for children and fragile adults who are considered to be "at risk". Proceeds provide safety and support in the home for elderly clients and therapy and housing for children who have been neglected or abused. Approximately $3,573,936 was collected in Developmental Disabilities - The Wood County Board of Developmental Disabilities (formerly MRDD) is funded by seven continuing levies totaling 6.70 mills. Approximately $12,694,123 was generated in These levies support care, education, and vocational training for mentally challenged individuals through a sheltered workshop, daycare, pre-school through high school education, as well as adult residential group homes and assisted independent living. ADAMHSB - The Wood County Alcohol, Drug Addiction, and Mental Health Services Board provides care through two voted levies totaling 2.60 mills. These levies generated approximately $7,349,861 in Wood County citizens are provided with mental health education, care, and crisis intervention. Counseling for drug and alcohol abuse are provided through local schools, employers, and the court system. Parks - The 1.0 mill Park replacement levy generated approximately $2,749,181 for the Wood County Park District in This levy enables the Park District to expand and maintain its system of parks and bikeways throughout Wood County. Individual local governments have received grants through this levy to improve or create their own local parks. Health - The Wood County District Board of Health services all of Wood County, with the exception of the City of Fostoria. A.5 mill replacement levy from 2011 generated approximately $1,429,653 for the District in Funds from this levy are used for general operations, salaries, benefits, and supplementary funds for Women/Infants/Children (WIC), Home Health, and Child and Family Health Services (CFHS) programs. Senior Citizens - A.7 mill replacement levy, passed in 2011 for the Wood County Committee on Aging, generated approximately $1,997,305 in Operation of seven Senior Citizen centers and programming are funded through this revenue. These centers provide a base for senior citizen activities, daily meals, home-delivered meals, and senior related programs and activities. 15

18 RESIDENTIAL PROPERTY TAXES School District Tax* School District Tax* School District Tax* 16 Anthony Wayne LSD Elmwood LSD (continued) North Baltimore LSD Middleton Township $ 1,832 Henry Township $ 1,353 Bairdstown Village $ 2,017 Jerry City Village (Bloom Twp) 1,511 Bloom Township 2,017 Bowling Green CSD Jerry City Village (Portage Twp) 1,482 Henry Township 2,008 Bowling Green City (East) 1,627 Liberty Township 1,382 North Baltimore Village (Bloom Twp) 2,118 Bowling Green City (West) 1,627 Montgomery Township 1,360 North Baltimore Village (Henry Twp) 2,021 Center Township 1,643 Perry Township 1,331 Custar Village 1,814 Portage Township 1,407 Northwood LSD Jackson Township 1,636 Wayne Village 1,650 Northwood City 1,979 Liberty Township 1,671 West Millgrove Village 1,616 Middleton Township 1,793 Otsego LSD Milton Center Village 1,936 Fostoria CSD Grand Rapids Township 1,552 Milton Township 1,629 Fostoria City 1,913 Grand Rapids Village 1,611 Plain Township 1,638 Perry Township 1,940 Haskins Village 1,767 Portage Township 1,696 Middleton Township 1,601 Portage Village (Liberty Twp) 1,687 Gibsonburg EVSD Milton Township 1,438 Portage Village (Portage Twp) 1,702 Freedom Township 1,530 Plain Township 1,446 Webster Township 1,618 Tontogany Village 1,562 Lake LSD Washington Township 1,562 Eastwood LSD Lake Township 2,171 Weston Township 1,521 Center Township 1,495 Millbury Village 2,003 Weston Village (Milton Twp) 1,562 Freedom Township 1,548 Northwood City 1,810 Weston Village (Weston Twp) 1,575 Luckey Village 1,605 Perrysburg Township 2,246 Middleton Township 1,645 Troy Township 1,974 Patrick Henry LSD Montgomery Township 1,501 Walbridge Village 1,924 Jackson Township 1,569 Pemberville Village 1,520 Milton Township 1,562 Perrysburg Township 1,793 Lakota LSD Troy Township 1,521 Bradner Village 1,562 Perrysburg EVSD Webster Township 1,470 Freedom Township 1,508 Middleton Township 2,125 Montgomery Township 1,462 Perrysburg City 1,974 Elmwood LSD Perry Township 1,433 Perrysburg Township 2,273 Bairdstown Village 1,368 Risingsun Village 1,823 Rossford City 2,095 Bloom Township 1,362 Bloomdale Village 1,441 McComb LSD Rossford EVSD Center Township 1,354 Hoytville Village 1,440 Lake Township 1,975 Cygnet Village 1,368 Jackson Township 1,340 Northwood City 1,615 Freedom Township 1,407 Perrysburg Township 2,050 Rossford City 1,872 Rossford City (Perrysburg Twp) 2,301 *Annual tax is based on a $100,000 home without any special assessments or the homestead reduction, with the homeowner receiving the 10% rollback and 2 1/2% reductiion. Additional information about Homestead, Non-Business Tax Credit (replaces 10% rollback in 2014), and Owner Occupancy Tax Credit (replaces 2 1/2% reduction in 2014) is available at the County Auditor's Office, or on the Auditor's website.

19 PROPERTY TAX COMPUTATION HOW TO COMPUTE YOUR TAX BILL Market Value x 35% x Millage* = Real Estate Tax (Gross Tax Per Year) Gross Tax x H.B. 920 Percentage Reduction* = Tax Reduction (Tax Credit) (Minus) Real Estate Tax Less Tax Reduction = Sub Total Sub Total x Non-Business Tax Credit Factor** = Non-Business (Tax Credit) (Minus) Sub Total x Owner Occupancy Tax Credit Factor** = Owner Occupancy (Tax Credit) (Minus) Homestead*** = Homestead (Tax Credit) (Minus) Sub Total = Real Estate Net (Net Tax Charge) CAUV Recoupment**** = CAUV Recoupment (Plus) Special Assessments = Special Assessments (Plus) Delinquent Real Estate Taxes = Delinquent Real Estate Taxes (Plus) Delinquent Special Assessments = Delinquent Special Assessments (Plus) Real Estate Net Plus CAUV, Specials, and Delinq. = Net Tax Charge Net Tax Charge Divided By 2 = Net Half Year Tax EXAMPLE: This example assumes your home has a fair market value of $100,000 with no homestead, agricultural CAUV recoupment, special assessments, or delinquencies. $100,000 x 35% x (.06970)* = $ 2, , x * = (Minus) 2, = 1, , x % ( )** = (Minus) 1, x % ( )** = (Minus) No Homestead*** = - (Minus) 1, = 1, No CAUV Recoupment**** = - (Plus) No Special Assessments = - (Plus) No Delinquent Real Estate = - (Plus) No Delinquent Special Assessments = - (Plus) 1, = 1, , Divided by 2 = *Wood County has 83 taxing districts with their own tax rate and reduction factor. **Owner Occupancy Tax Credit and Non-Business Tax Credit factors can be different for each taxing district (maximum combined tax credit is 12 1/2%). ***Senior citizens 65 and older and the permanently disabled are eligible to receive homestead exemption (reduction in real estate taxes) provided their annual household income is $30,500 or less. ****Recoupment of prior tax savings on acreage being converted from agricultural use. 17

20 SUMMARY OF TAXES COLLECTED AND DISBURSED The County Treasurer collects all real estate and personal property taxes. The County Auditor then distributes these funds to the taxing districts to which they belong. Taxing districts not wholly in Wood County (*) received additional amounts from the other county or counties which comprises their district. The following table shows the amounts distributed for The taxes collected and distributed were based on 2012 assessed values, levied in 2012 and collected in (Current Personal Property Tax ended in 2009.) Delinquent Delinquent Real Estate Personal Property Real Estate Personal Property City Township - continued Bowling Green 2,789,723 (182) Middleton 1,189,661 - Fostoria* 61,501 - Milton 140,949 - Northwood 345,464 (385) Montgomery 310,586 - Perrysburg 4,929, Perry 171,627 - Rossford 1,967, Perrysburg 5,568,756 5,293 Plain 163,607 - School District Portage 128,132 - Anthony Wayne* 523,658 - Troy 469,118 - Bowling Green* 17,032,857 (1,871) Washington 239,304 - Eastwood 5,121,690 - Webster 166,322 - Elmwood* 2,585,968 - Weston 188,699 - Fostoria* 1,474,077 - Four County* 4,296 - Village Gibsonburg* 36,019 - Bairdstown 11,241 - Lake* 8,413, Bloomdale 39,254 - Lakota* 894,282 - Bradner 94,402 - McComb* 441,910 - Custar 17,435 - North Baltimore* 2,734,641 - Cygnet 12,150 - Northwood 5,617,550 (18,677) Grand Rapids 78,870 - Otsego* 4,144,985 - Haskins 141,810 - Patrick Henry* 57,514 - Hoytville 13,708 - Penta County* 7,477, Jerry City 31,768 - Perrysburg 28,367,357 21,516 Luckey 103,715 - Rossford 13,213,389 (534) Millbury 87,449 - Vanguard* 104,172 - Milton Center 13,431 - North Baltimore 334,281 - Township Pemberville 140,007 - Bloom 281,438 - Portage 18,929 - Center 157,955 - Risingsun 76,632 - Freedom 347,338 - Tontogany 41,343 - Grand Rapids 134,413 - Walbridge 82,533 - Henry 961,123 - Wayne 97,304 - Jackson 117,908 - West Millgrove 17,591 - Lake 2,169, Weston 65,982 - Liberty 133,105-18

21 DEBT OBLIGATIONS Ohio Public Works Commission Loan is a ten year debt instrument which is interest free. The loan will be paid from resources of the Motor Vehicle and Gasoline Tax special revenue fund. General Obligation Bonds are long-term debt instruments which are paid from property taxes received by the General Fund or from enterprise related revenues. Special Assessment Bonds are long-term debt instruments which are paid from the proceeds of the special assessments levied against those property owners who primarily benefit from the project. Balance 01/01/13 Issued Retired Balance 12/31/13 OPWC Loan $ 324,779 $ - $ 32,478 $ 292,301 General Obligation Bonds 4,165, ,000 3,525,000 Special Assessment Bonds 161, ,000 54,000 Total Debt $ 4,650,779 $ - $ 779,478 $ 3,871,301 OUTSTANDING DEBT ANALYSIS 8,000,000 7,000,000 6,000,000 7,122,000 5,000,000 4,000,000 6,035,000 5,163,000 4,326,000 Bonds Loans 3,000,000 3,579,000 2,000,000 1,000, , , The 12/31/13 debt balance of $3,871,301 includes Wood County Public Library bonds of $3,425,

22 AVERAGE UNEMPLOYMENT RATES Wood County, Ohio Year Employment Unemployment County Ohio ,300 7, % 10.2% ,900 6, ,500 5, ,900 4, ,200 4, Source: Ohio Department of Job & Family Services (estimates are not seasonally adjusted) U.S. 9.3% POPULATION Wood County, Ohio 2013 Estimate 129, , , , , , ,488 90,000 60,000 59,605 72,596 82,618 30, Source: U.S. Census Bureau YEAR 2010 CENSUS INFORMATION Bairdstown Village 130 Jackson Township 489 Perrysburg Township Bloom Township 1,003 Jerry City Village 427 Plain Township Bloomdale Village 678 Lake Township 6,753 Portage Township Bowling Green City 30,028 Liberty Township 1,633 Portage Village Bradner Village 985 Luckey Village 1,012 Risingsun Village Center Township 1,206 Middleton Township 3,266 Rossford City Custar Village 179 Millbury Village 1,200 Tontogany Village Cygnet Village 597 Milton Center Village 144 Troy Township Fostoria City (Wood Co) 1,038 Milton Township 656 Walbridge Village Freedom Township 1,356 Montgomery Township 1,752 Washington Towhship Grand Rapids Township 642 North Baltimore Village 3,432 Wayne Village Grand Rapids Village 965 Northwood City 5,265 Webster Township Haskins Village 1,188 Pemberville Village 1,371 West Millgrove Village Henry Township 743 Perry Township 1,431 Weston Township Hoytville Village 303 Perrysburg City 20,623 Weston Village Wood County Source: U.S. Census Bureau 20 12,512 1,663 1, , ,858 3,019 1, , , ,488

23 PRINCIPAL TAXPAYERS Top Ten Companies December 31, 2013 Taxpayer Total Assessed Percentage of Total Assessed Type of Business Valuation Valuation Toledo Edison Company First Energy Utility 44,934, % Waltrust/Walgreen Company Retail 10,814, Columbia Gas of Ohio, Inc Utility 9,130, American Transmission Systems, Inc Utility 7,896, Edward Rose Development Company LLC Commercial 7,273, Ohio Power Company Utility 7,264, Perrysburg Apartment Investment LLC Commercial 6,903, First Solar, Inc Manufacturer 6,265, Hancock Wood Electric Cooperative Utility 6,217, Copper Beach Townhomes Commercial 5,914, $ 112,613, % Total County Assessed Valuation $ 2,745,320,120 LARGEST EMPLOYERS Employer Type Number of Employees Bowling Green State University University 2,644 Owens Community College College 1,498 Magna International Manufacturer 1,300 Wood County Government 1,200 First Solar, Inc. Manufacturer 1,150 Wood County Hospital Hospital 900 DaimlerChrysler Corporation Manufacturer 850 Owens-Illinois, Inc Manufacturer 835 Walgreen Company Retail 700 Nippon Sheet Glass Manufacturer 370 Source: Wood County Economic Development Commission 21

24 HOW DO WE COMPARE? Population Unemployment Sales Tax Sales Tax Property Total County (2010 Census) Rate* Rate*** Collected** Value Debt Fulton 42, % 7.25% $ 6,471,046 $ 875,405,990 $ 3,831,712 Hancock 74, ,461,103 1,721,733,480 19,833,325 Henry 28, ,792, ,443, ,860 Lucas 441, ,346,699 7,025,260, ,615,213 Ottawa 41, ,046,977 1,614,208,360 49,358,300 Putnam 34, ,022, ,956, ,660 Sandusky 60, ,059,878 1,125,164,100 5,380,937 Seneca 56, ,744, ,523,100 6,601,252 Wood 125, ,662,029 2,745,320,120 3,871,301 For 2013, comparative information was requested and obtained from each of the respective County Auditors. This information provides an insightful look at how we compare to other counties. *Annual average for 2013, provided by Ohio Department of Job and Family Services. **Sales tax collected, provided by the Ohio Department of Taxation. ***Sales tax rates are 5.75% for State of Ohio and the remainder is local permissive. PER CAPITA DEBT (Total Debt to Population) 1,500 1,200 1,

25 THE WOOD COUNTY AUDITOR'S OFFICE GENERAL ACCOUNTING The County Auditor is the chief fiscal officer of Wood County. It is his responsibility to account for the millions of dollars received each year by the County and to issue warrants (checks) in payment of all County obligations, including the distribution of tax dollars to Wood County itself and to its five cities, twenty-one villages, nineteen townships, and eighteen school districts, as well as other county agencies. The County Auditor is the watchdog over all County funds and maintains the official records of all receipts, disbursements, and fund balances. The County Auditor also distributes motor vehicle license fees, gasoline taxes, estate taxes, fines, and local government funds in addition to real estate and personal property taxes. PERSONAL PROPERTY TAX The Ohio Tangible Personal Property Tax was phased out in 2008 due to the legislature's tax restructuring. Delinquent personal property tax amounts continue to be billed, collected and then distributed back to the local taxing districts in the same manner as real estate. State reimbursement to the County and it's subdivisions for lost revenue occurred until calendar year Some reimbursements will continue at a diminished amount until REAL ESTATE ASSESSMENT Wood County has more than 74,379 individual parcels of real property. It is the duty of the County Auditor's Office to see that every parcel of land and the buildings thereon are fairly and uniformly appraised and then assessed for tax purposes. A general reappraisal is mandated by Ohio Law every six years and an update every third year following a general reappraisal. The office maintains a detailed record of the appraisal on each parcel in the County and these records are open for public inspection. REAL ESTATE TAXES AND RATES Under Ohio law, the County Auditor cannot and does not raise or lower property taxes. Tax rates are determined by the budgetary requests of each governmental unit, as authorized by a vote of the people, and are computed in strict accordance with procedures required by the Ohio Department of Tax Equalization. Annually, the County Auditor prepares the General Tax List and Duplicate. For taxation purposes, property owners are assessed at 35 percent of fair market value. The tax bill is based on the tax rate multiplied by the valuation on the Tax Duplicate. This is a taxpayers proportionate share of the cost of operating local government including villages, townships, schools, and the County. Ohio law limits the amount of taxation without a vote of the people to what is known as the "10 mill limitation" ($10 per $1,000 of assessed valuation). Any additional real estate taxes for any purpose must be voted by County residents. The "tax rate" is an accumulation of all of these levies and bond issues. GEOGRAPHIC INFORMATION SYSTEM (GIS) The Wood County Auditor's GIS is an integrated collection of software, hardware, and data used to manage, view, and analyze information. It is comprised of more than 2,000 aerial photographs which have geographic data layers attached to the base maps. GIS electronic map information is available to be used by a variety of city and county jurisdictions and in numerous applications such as: appraisal, planning, economic development, E-911, board of elections, code compliance, engineering, utilities, water and waste water mapping to name a few. SPECIAL ASSESSMENTS Special assessments are not part of the real estate tax, but are included as a separate item on the real estate tax bill. These could include such items as ditch assessments, improvement levies such as street paving, curbs, lighting, sidewalks, sewer lines, or water lines. The County Auditor is required by law to keep an accounting of these special assessments, to place them on the Tax Duplicate as a separate item, and to return the money collected to the city, village, township, or county office which levied the assessment. 23

26 HOMESTEAD EXEMPTION AND PROPERTY TAX ROLLBACK part is returned for use on the local level. However, sales tax is collected by the Ohio Department of Taxation. Homestead exemption and property tax rollback are ESTATE TAX forms of property tax relief. Every residential and agricultural property taxpayer receives the ten percent The County Auditor acts as an agent for the Tax rollback. However, all levies passed in or after Commissioner of Ohio. The monies collected from this November 2013 will not be eligible. Senior citizens with estate tax are distributed by law to the taxing district in incomes of less than $30,500 who are age 65 and which the decedent had resided or owned property (20 older and the permanently disabled are eligible to percent to the State of Ohio and 80 percent to the city, receive homestead exemptions (reduction in real village, or township). House Bill 153 phased out the Estate estate taxes) provided they own and occupy their Tax effective for deaths after January 1, Distributions home. Applications are available at the County continue to be made for deaths prior to January 1, Auditor's Office. Manufactured homes are also included in the homestead program. ADDITIONAL DUTIES OF THE AUDITOR The County Auditor's Office also administers the State's Owner Occupancy Tax Credit, which replaced the former 2 1/2 percent property tax reduction law passed in This tax reduction is for residential and agricultural owner occupied dwellings. Applications are available at the County Auditor's Office and on the Auditor's website. MANUFACTURED HOME TAXES Under Ohio law, it is the responsibility of owners of manufactured homes (mobile homes) to register their homes with the County Auditor for tax purposes. Annually the County Auditor's Office assesses each manufactured home and prepares a Tax Duplicate. The manufactured home tax is distributed to the local taxing districts (cities, villages, townships, schools) in the same manner as real estate taxes. In Wood County there are 3,911 manufactured homes on the Tax Duplicate. - Member/Secretary of the Board of Revision - Member/ Secretary of the Budget Commission - Member/ Secretary of the Data Processing Board - Member/Vice President of the Wood County Community Improvement Corporation - Member of the Buildings and Grounds Committee - Member of the Debt Review Committee - Member of the Financial Report Review Committee WEIGHTS AND MEASURES The County Auditor is the Sealer of Weights and Measures for the entire County, thus protecting the general public from the possible loss which may occur from faulty measuring devices. He is charged with the responsibility of insuring that state laws relating to weights and measures are strictly enforced. Gas pumps, scales, price scanners, and linear measures are all checked regularly to verify their accuracy. LICENSING The County Auditor's Office is the focal point in the County for the issuance of licenses for dogs, kennels, vendors, cigarettes, and junk yards. Dog licenses compose the largest number of licenses sold. The annual dog registration is a service designed to benefit the animal, its owner, and the community. The Animal Control Facility operates under the Board of County Commissioners, who annually set the fees for licenses. Vendor's licenses authorize businesses to sell tangible property to the public and collect sales tax, of which 24

27 WOOD COUNTY AUDITORS Seneca Allen...May 3, 1820 Ambrose Rice Thomas W. Powell...c James W. Robinson John C. Spink Willard V. Way E. B. Eagle W. H. Sloane Sidney C. Sloane A. L. Fowler Addison Smith Jairus Curtis...c Addison Smith Sardis D. Westcott James W. Ross Addison Smith George N. Parsons S. B. Price Joseph B. Newton Samuel Case Ebenezer W. Poe John B. Wilson George W. Gaghan Burton C. Harding Fred W. Toan Charles E. Stinebaugh Ralph S. Gillespie...c Edward E. Coriell C. O. Cummings Claude L. Filiere Harry L. Williamson Kenneth Slaughterbeck Harold R. Bateson Michael Sibbersen

28 AUDITOR OF STATE AWARD WITH DISTINCTION From left: Matt Oestreich, Assistant Chief Deputy; Wood County Auditor Michael Sibbersen; Auditor of State Dave Yost; Karen Young, Chief Deputy; Rick Rosendale, Audit and Financial Reporting Accountant. Wood County received the Auditor of State Award with Distinction from Auditor of State Dave Yost for Wood County also received this award for Only two percent of Ohio s 5,600 government entities qualified for the Auditor of State Award with Distinction. Good finance is important to everything government does, and taxpayers expect this kind of accountability, Auditor Yost said. Sound budgetary decisions by the commissioners depend on clean and accurate books, and I am pleased to present this award to Wood County. The Auditor of State Award with Distinction is presented to local governments and school districts upon the completion of a financial audit. Entities that receive the award meet the following criteria of a clean audit report: The entity must file timely financial reports with the Auditor of State s office in the form of a CAFR (Comprehensive Annual Financial Report); The audit report does not contain any findings for recovery, material citations, material weaknesses, significant deficiencies, Single Audit findings or questioned cost; The entity s management letter contains no comments related to: Ethic referrals Questioned costs less than $10,000 Lack of timely report submission Reconciliation Failure to obtain a timely Single Audit Findings for recovery less than $100 Public meetings or public records 26

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