Adopted Budget Summary Information Fiscal Year 2019

Size: px

Start display at page:

Download "Adopted Budget Summary Information Fiscal Year 2019"

Marvin Craig
5 years ago
Views:

2 FY19 Adopted County Budget Totals ACTUAL FY17 ADOPTED BUDGET FY18 ADOPTED BUDGET FY19 PERCENT CHANGE TOTAL REVENUES Ad Valorem Taxes 163,389, ,214, ,432, % Ad Valorem - Delinquent 147, , , % Local Sales & Use Taxes 10,960,926 15,519,000 10,155, % Other Taxes 2,028,122 1,864,000 1,964, % Franchise Fees 9,736,662 9,656,000 8,395, % Permits and Fees 4,332,093 4,197,500 4,230, % Federal, State, & Local Grants 15,636, , , % State Shared Revenues 23,474,218 22,636,749 22,957, % Local Shared Revenues 1,646,062 2,904,013 2,890, % Charges for Services 94,599,344 92,756,745 94,817, % Fines and Forfeits 604, , , % Interest Earnings 2,808,635 1,285,164 1,985, % Miscellaneous Revenue 12,473,628 9,211,404 16,262, % Assess./Impact Fees 2,693,402 10,553,000 2,623, % Transfers 4,445,937 3,427,000 3,782, % Other Sources 7,132,882 2,156,890 1,937, % Other Non-Operating Revenue 9,907, , , % SUB-TOTAL: 366,018, ,047, ,991, % Fund Balance 0 55,767,777 48,386, % Interfund Transfers 31,208,439 23,620,758 27,166, % TOTAL: 397,226, ,435, ,544, % TOTAL EXPENDITURES Personal Services 80,594,998 83,659,117 88,614, % Operating Expenses 156,788, ,233, ,842, % Capital Expenses 27,913,387 45,970,330 40,140, % Debt 11,105,804 15,362,363 20,576, % Transfers-Constitutional Officers 75,192,181 75,690,769 79,373, % Transfers and Reserves 29,920,754 77,519,426 71,997, % TOTAL: 381,516, ,435, ,544, % PERCENT OF EXPENDITURES TO BUDGET Personal Services 21.12% 19.35% 20.35% 1.00% Operating Expenses 41.10% 31.04% 30.96% -0.08% Capital Expenses 7.32% 10.63% 9.22% -1.41% Debt 2.91% 3.55% 4.72% 1.17% Transfers-Constitutional Officers 19.71% 17.50% 18.22% 0.72% Transfers & Reserves 7.84% 17.93% 16.53% -1.40% TOTAL BUDGET: % % % 0.00%

3 FY19 Adopted Budget Summary by Fund GENERAL SPECIAL GRANT DEBT CAPITAL ENTERPRISE INTERNAL TRUST AND TOTAL REVENUE REVENUE SERVICE PROJECTS SERVICE AGENCY TOTAL REVENUES Ad Valorem Taxes 109,053,394 55,906, ,472, ,432,344 Ad Valorem - Delinquent 80,000 53, , ,400 Local Sales & Use Taxes 0 2,264, ,890, ,155,069 Other Taxes 527,161 1,436, ,964,000 Franchise Fees 850,000 7,545, ,395,000 Permits & Fees 0 3,935, ,000 40, ,230,000 Fed, State, & Local Grants 200,000 29, , ,474 State Shared Revenues 16,888,600 2,015, ,127,810 2,925, ,957,044 Local Shared Revenues ,890,354 2,890,354 Charges for Services 2,445,795 10,297, ,945 57,096,516 24,318, ,817,864 Fines and Forfeits 210, , , , ,500 Interest Earnings 360, , , ,770 1,070,000 45,000 6,115 1,985,373 Miscellaneous Revenues 3,985,266 7,867, ,742 1,865,702 2,265, ,262,442 Other Sources 1,937, ,937,237 Assessments/Impact Fees 0 2,313, , ,623,000 Transfers 3,732, ,000 3,782,023 Non Operating Utilities/SW , ,000 Other Non-Operating (500,000) (301,000) 0 0 (218,370) (1,019,370) Sub - Total 139,769,476 93,984, ,074 1,133,910 33,851,939 60,892,218 26,628,792 3,016, ,991,754 Fund Balance 5,711,363 9,223, , ,234 31,745,000 1,080,723 20,000 48,386,293 Interfund Transfer 1,414,387 5,350, ,478, ,245 12,597, , ,533 27,166,554 TOTAL 146,895, ,559, ,074 7,730,603 34,665, ,234,734 28,109,515 3,636, ,544,601 TOTAL EXPENDITURES Personal Services 22,737,593 47,105, , ,470,553 10,378,921 1,821, ,342 88,614,866 Operating Expenses 31,759,060 28,424,893 2, ,803,557 37,771,060 25,642, , ,842,382 Capital Expenses 517,676 12,129, ,282,884 12,161, ,272 1,434,887 40,140,410 Debt Service 1,015,360 1,849, ,584,245 2,331,437 7,795, ,576,335 Transfers - Constitutional 74,111,556 5,211, ,000 79,373,495 Transfers & Reserves 16,753,981 13,837, ,358 2,776,987 37,127,125 31,575 1,323,335 71,997,113 TOTAL 146,895, ,559, ,074 7,730,603 34,665, ,234,734 28,109,515 3,636, ,544,601

4 FY19 Adopted Department Expenditures GENERAL SPECIAL DEBT CAPITAL ENTERPRISE INTERNAL TRUST & TOTAL DEPARTMENT REVENUE SERVICE PROJECTS SERVICE AGENCY Administration 4,764,965 5,011, , ,226 24,500-10,151,671 Airport ,570, ,570,668 Building - 4,668, ,668,088 Capital Improvement Plan - 13,962,381-20,020,401 10,645,000-1,745,195 46,372,977 Office of Community Development , ,726 Commission MSTU - 634, ,971 County Attorney 1,194,681 51, ,245,891 Fire Rescue 5,339,877 38,423, ,763,556 Public Works 2,974,813 6,239,850-8,040, ,255,126 General Services 5,935,237 1,130, ,772,539-8,837,847 Growth Management - 2,324, ,324,995 Info Technology Services 3,105, ,142-13, , ,495,251 Library 3,752, , ,853,020 Parks and Recreation 6,356,605 2,835,373-1,904, ,096,361 Technology Invest Plan 4,799,706 1,039, , ,655 44,942 9,996 6,957,135 Utilities & Solid Waste ,320 44,900,642-44,915,962 Clerk 1,461, ,461,625 Property Appraiser 3,795, ,795,759 Sheriff 63,619,792 3,425, ,045,588 Sheriff Non-departmental 441,165 1,173, ,614,225 State Judicial/Agencies 1,252, , ,177,888 Supervisor of Elections 1,164, ,164,387 Tax Collector 5,048,425 1,165, ,213,425 Non-departmental 13,020,115 5,748, , ,265 7, ,811 20,004,936 Risk Management 100, ,230,000-26,330,000 Economic Development - 450, ,000 Grants & Aid/Service Contracts 1,163,507 4,491, ,000 5,745,121 Debt Service 1,015,360 1,849,365 7,584,245 2,331,437 7,906, ,687,335 Budgeted Transfers 8,418,944 3,441,115-1,976,657 12,281,578-1,098,260 27,216,554 Reserves 8,170,000 9,954, , ,880 24,843,747 30, ,014 44,039,513 FUND TOTALS: 146,895, ,273,103 7,730,603 34,665, ,234,734 28,109,515 3,636, ,544,601

5 A Typical Tax Bill The average single-family residential taxable value provided by the Martin County Property Appraiser is $246,950 with a $50,000 homestead exemption, resulting in an assessed taxable value of $196,950. Based on the FY19 adopted millage of , a typical County portion of a tax bill would be $1, as shown on the example below. This amount includes only County s government millage. Each individual tax bill would be broken down by various rates that apply to the specific area where the home is located. Typical tax bill FY19 FY19 Adopted millage Tax amount General Fund $1, Subtotal County $1, Fire Rescue MSTU $ Parks & Recreation MSTU $31.81 Stormwater MSTU $52.01 Roads MSTU $59.83 Total Including Unincorporated Areas $1, (Based on a $246,950 assessed value less $50,000 homestead exemption) Below is a table that compares the taxes on this hypothetical house for FY19 compared to FY18. Typical tax bill FY18 FY19 % Compared to prior year Adopted Adopted Change Change Tax amount Tax amount General Fund $1, $1, $ % Subtotal County $1, $1, $ % Fire Rescue MSTU $ $ $ % Parks & Recreation MSTU $31.63 $31.81 $ % Stormwater MSTU $50.06 $52.01 $ % Roads MSTU $56.21 $59.83 $ % Total including unincorporated areas $1, $1, $ % Actual tax bills contain taxes levied for taxing authorities other than the County government: Special Districts, Children's Services Council, South Florida Water Management District (SFWMD), Florida Inland Navigational District (FIND), School Board, and, when applicable, municipalities. Each of these authorities assesses their own millage and adopt their own annual budgets. The County does not exercise control over the budgets and millage rates of other taxing districts; therefore, their budgets and millage rates are not reflected in the County's budget document. In addition to the tax levies already mentioned, the County is required to levy a separate property tax to meet annual debt service requirements for the payment of voter approved general obligation bonds. At present, the voted debt fund has accumulated sufficient resources to satisfy the remaining debt obligation.

6 TAXING AUTHORITY Countywide Revenue BOARD OF COUNTY COMMISSIONERS: FY19 Millage ADOPTED MILLAGE ANALYSIS FY19 MARTIN COUNTY, BOARD OF COUNTY COMMISSIONERS FY18 Adopted Millage FY18 Adopted Ad Valorem FY19 Adopted Millage FY19 Adopted Ad Valorem Incr/Decr FY18 to FY19 General Revenue ,984, ,053, % Capital Improvements ,382, ,087, % Coastal Management ,306, ,384, % Health Care/Medical Services ,505, ,090, % Total Countywide ,179, ,616, % Municipal Service Taxing Unit Fire Rescue MSTU Operations ,142, ,114, % Capital ,300, ,564, % Total Fire Rescue MSTU ,442, ,679, % Parks & Recreation MSTU ,431, ,250, % Stormwater MSTU ,848, ,680, % Road Maintenance MSTU ,320, ,233, % Total Municipal Service Taxing Unit (MSTU) ,042, ,844, % Total Millage Countywide and MSTU (excluding Commission District MSTU's and Special District) ,221, ,461, % Non Countywide Revenue Commission District MSTU District One (1) , , % District Two (2) District Three (3) , , % District Four (4) District Five (5) , , % Special District A-61 (Hutch. Isl) , , % Total Millage Non Countywide , , % Total Ad Valorem (Including Commission District MSTU's & Special District A-61) 175,214, ,432,344

7 FY19 Millage (cont.) Martin County Millage Comparison Countywide Millage Voted Debt Total Countywide Millage This chart does not reflect Martin County unincorporated municipal services taxing units (Fire Rescue MSTU, Parks and Recreation MSTU, Stormwater MSTU, Road Maintenance MSTU), the other taxing authorities (Martin County School District, Children s Services, South Florida Water Management, Florida Inland Navigation District), the various municipalities (City of Stuart, Town of Sewall s Point, Town of Jupiter, Town of Ocean Breeze, and Village of Indiantown) or the district MSTU s. FOR ADDITIONAL INFORMATION CONTACT: Martin County Board of County Commissioners Office of Management and Budget 2401 SE Monterey Road Stuart, Florida

PREPARED BY: DAVID R. ELLSPERMANN, CLERK OF THE CIRCUIT COURT AND COMPTROLLER BUDGET DEPARTMENT

PREPARED BY: DAVID R. ELLSPERMANN, CLERK OF THE CIRCUIT COURT AND COMPTROLLER BUDGET DEPARTMENT Marion County Board of County Commissioners Budget Workshop - Proposed Budget Overview Monday, July 10, 2017