Chesterfield. Hanover. Spotsylvania. Stafford. Albemarle. Henrico. Virginia Beach. Chesapeake. Prince William. Newport. Roanoke. Hampton.

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1 1)Plan crafted from blueprint embedded in approved five-year plan 2)Proposed budget within 0.06% of projected FY16 total (controlling for pass through items) 3)Accomplishes full slate of goals in five year plan 4)Includes a handful of other priorities items accommodated by further expenditure reductions 5)Still some unknowns 1

2 1) Proposed plan mindful of County s tradition of fiscal stewardship 2) County remains lowest cost full service provider in the state (chart) 3) Average single-family tax bill for 2015 is $200 below its 2008 level (at $0.96) 4) Non-public safety staffing down full position per 1,000 residents since FY2009 5) At the same time, crime and unemployment are down, while graduation rates and new investment are up Chesterfield Hanover Spotsylvania Stafford Albemarle Henrico Virginia Beach Chesapeake Prince William Newport Roanoke Hampton Fairfax Alexandria Arlington $2,652 $2,683 $2,733 $2,873 $2,895 $2,912 $3,129 $3,240 $3,264 $3,491 $3,573 $3,615 $4,067 $4,143 $4,739 $2,600 $2,400 $2,200 $2, % reduction during rightsizing (FY08-FY12) No change in cost structure (FY13-FY16) $1,800 $1,600 $1,400 $1,200 $1,000 Real, per capita Cost of General Fund Services (FY93-FY16 proposed)

3 1) Last year s well debated process paying dividends 2) Five-year plan built to guide reinvestment in the community, provide a level of certainty about County s direction and rate environment 3) Employed incremental approach to control growth, preserve flexibility 4) FY16 installment (table) focused around education, public safety, and quality of life Five-Year Plan Enhancements for FY2016 SCHOOLS Additional PTR Reductions $1,545,800 Remediation and Enrichment Support $500,000 Bus Fleet Replacement $250,000 Pay-as-you-go Capital Funding $1,705,000 COUNTY Communications Officers (2 in FY16) $101,300 Police Officers (4 in FY16) GRANT FUNDED Fire Medium Duty Vehicle Funding $100,000 Public Safety Equipment $200,000 TMDL Operating $25,000 Reams-Gordon Library (operating) $600,000 Library Materials $50,000 1)FY16 proposed plan totals $785.3M, an increase of 2.4 percent 2)Accommodates all fiveyear enhancements (County and schools) 3)School division largest recipient; +$10.8M, or 3.4%, over FY15 4)Includes base 1% merit (County and schools) 5)Built at five-year plan rate long-run average 3

4 Other County Priorities Included in Proposed Plan Compensation Considerations: Additional 1% Merit (total of 2%) $1,964,700 Public Safety Pay Adjustments $918,200 Other Targeted Adjustments $154,100 Staffing Considerations: Support for Additional Judgeships $373,100 Revitalization Manager (transfer) $80,900 P/T Position Conversions (County Attorney, Medical Center) $93,000 OTHER PRIORITY SUBTOTAL $3,584,000 1) Proposed plan employs same real, per capita cost structure as the FY93 plan; cost slightly below FY15 level 2) Consequently, reductions becoming more difficult to identify 3) Even so, FY16 proposed includes $3.9M in general fund savings 4) Diverse mix including: contract savings, debt refinancings, elimination of onetime commitments, department reorganizations/position reductions, leveraging outside resources, process improvements, claim management, and fuel savings 4

5 1) As with operating, proposed plan stays true to approved priorities 2) Includes full $20M slate of Revenue Sharing projects for FY16 3) Complementary revitalization efforts (Providence/Davis work) 4) Enhanced emphasis on major maintenance aided by full 5% payas-you-go contribution 5) TMDL funded for FY16 (only) 6) Challenges persist; $161M of projects cut from five-year plan 1) Plan maintains five-year framework, adds FY20 2) General operating assumptions little changed; fire station added in FY20 3) Employs $0.96 over full window 4) As shown in chart, sizable shortfalls are projected in outyears, up to $18.2M 5) TMDL projects primary driver 6) Schools outlook brighter $- $(2,000,000) $(4,000,000) $(6,000,000) $(8,000,000) $(10,000,000) $(12,000,000) $(14,000,000) $(16,000,000) $(18,000,000) $(20,000,000) FY2016 FY2017 FY2018 FY2019 FY2020 General Fund with Proposed Enhancements, Annual TMDL with TMDL Banking (instead), plus Revenue Sharing plus Schools 5

6 1) Proposed budget in line with five-year plan, accomplishes full list of approved goals 2) Uses rate in approved plan and does so at the same real, per capita cost as FY93 budget 3) Plan does not include any of the resources being discussed at the state 4) Working through those details 5) Regardless, staff recommends a very careful approach given outyear challenges, recent state revenue variances 6) Public hearing: March 25 th 6