TOWN OF GUILFORD BOARD OF SELECTMEN BUDGET

Transcription

1 TOWN OF GUILFORD BOARD OF SELECTMEN BUDGET

2 Mission of Our Town Government Public Protection and Safety Fire Police Ambulance Maintain Infrastructure Maintain Town Properties Snow Removal Tree Maintenance Chipsealing Town Services Elderly Tax Relief Land Use Depts. Y&FS Senior Services Social Services Quality of Life Library Park and Rec Programs Beaches, Lakes and Boating Hiking Trails Support Board Of Education School Resource Officer Fields Maintenance Cooperative Purchasing Economic Development and Tourism 66 High Street Patriot Medical 350 Goose Lane U-Haul Service Businesses

3 3 Budget Objectives and Key Factors Maintain High Level of Services Despite Continued Reduction in State Funding Fund Pension Liabilities at Actuarially Recommended Levels Provide Essential Safety and Public Protection Services; Including Full Year Funding of an Additional Police Officer, and Eight New Firefighters Continue Investment in Maintaining Infrastructure and Roads

4 4 Budget Objectives and Key Factors , cont. Maintain Senior Tax Freeze Program at Current Levels Maintain Capital Project Funding within the Operating Budget Continued Investment in Ecological Improvements to Lake Quonnipaug Budget Without Reliance on Revenues from Fund Balance

5 Board of Selectmen s Operating & Debt Service Budget 2018 vs Change % Change v v Town Operating Budget $ 28,658,999 $ 29,716,978 $ 1,057, % Total Debt Service $ 7,879,034 $ 8,496,654 $ 617, %

6 6 Summary of BOS Reductions to Budgets Operating Budget FY Selectmen's FY Change %Change Submitted To BOS Revisions Submitted To BOF 2018 vs Department Budgets $ 21,369,807 $ (497,049) $ 20,872,758 $ 264, % Capital Budget $ 1,715,776 $ (707,619) $ 1,008,157 $ (47,958) -4.54% Employee Benefits $ 8,086,133 $ (250,070) $ 7,836,063 $ 745, % Total Operating Budgets $ 31,171,716 $ (1,454,738) $ 29,716,978 $ 1,057, % Debt Service $ 8,496,654 $ - $ 8,496,654 $ 617, %

7 Increases by Major Category of Town Budget 7 Category Revised Budget FY Board of Selectmen Budget FY $ Change % Change Total Salaries $ 14,526,802 $ 15,127,565 $ 600, % Employee Benefits $ 7,090,950 $ 7,836,063 $ 745, % Subtotal $ 21,617,752 $ 22,963,628 $ 1,345, % Debt $ 7,879,034 $ 8,496,654 $ 617, % All Other Operating Expenses $ 5,985,132 $ 5,745,193 $ (239,939) -4.01% Capital $ 1,056,115 $ 1,008,157 $ (47,958) -4.54%

8 8 Increase in Salaries Revised Budget FY Board of Selectmen Budget FY $ Change % Change Current Salaries $ 14,526,802 $ 14,970,393 $ 443, % 1/2 Police Officer $ - $ 35,813 $ 35,813 8 Firefighters (Net Safer Grant) $ - $ 121,359 $ 121,359 Total Salaries $ 14,526,802 $ 15,127,565 $ 600, %

9 9 Increases / Decreases in Employee Benefits % of Total increase $ Decrease Pension Plan Contributions $ 419, % Medical Benefits $ 21, % Retirement Sick Leave $ (30,000) % Other $ 333, % $ 745, %

10 10 Increases in Operating Budget Revised Budget FY Board of Selectmen Budget FY Budget Increase $ Budget Increase % Library $ 1,037,530 $ 1,047,441 $ 9, % Golf Course $ 269,425 $ 279,590 $ 10, % Park & Rec $ 1,561,441 $ 1,589,522 $ 28, % Fire $ 4,395,205 $ 4,410,541 $ 15, % Town Properties $ 950,735 $ 975,177 $ 24, % Legal $ 330,052 $ 429,549 $ 99, % Police $ 4,578,532 $ 4,788,370 $ 209, %

11 11 Reductions in Operating Budget Revised Budget FY Board of Selectmen Budget FY Budget Decrease $ Budget Decrease % Bd of Selectmen $ 430,377 $ 416,362 $ (14,015) -3.26% Engineering/Public Works $ 2,403,619 $ 2,352,612 $ (51,007) -2.12% Revaluation $ 81,692 $ 50,000 $ (31,692) % Insurance $ 860,066 $ 845,772 $ (14,294) -1.66% Planning & Zoning $ 220,782 $ 207,942 $ (12,840) -5.82%

12 12 Components of Capital Budget Department Engineering/Public Works $ 396,000 Park & Rec $ 285,000 Police $ 179,185 Fire $ 45,277 IT $ 16,200 Library $ 26,500 Town Depts. $ 59,995 $ 1,008,157

13 13 Capital Projects Funded by General Fund $1,200,000 $1,086,115 $1,000,000 $1,020,132 $951,462 $1,008,157 $800,000 $805,380 $856,380 $638,025 $600,000 $488,000 $476,264 $400,000 $200,000 $

14 14 Capital Projects Funded by Authorized Bonding $9,000,000 $8,000,000 $7,734,441 $7,000,000 $6,000,000 $5,991,000 $5,000,000 $4,000,000 $3,480,000 $3,000,000 $2,660,000 $2,000,000 $1,000,000 $0 $0 $0 $0 $0 $

15 15 Components of Operating Revenue Change Property Taxes $ 89,257,763 $ 92,140,633 $ 2,882,870 Local Revenue Interest Income $ 40,000 $ 80,000 $ 40,000 Building Permits $ 320,000 $ 320,000 $ - Town Clerk $ 599,325 $ 645,285 $ 45,960 EMS Revenue $ 875,000 $ 875,800 $ 800 Delinquent Taxes and Interest $ 311,000 $ 357,000 $ 46,000 Other Local $ 594,545 $ 568,544 $ (26,001) Total Inter Governmental $ 2,739,870 $ 2,846,629 $ 106,759 State Revenue State Grants $ 1,297,581 $ 1,070,794 $ (226,787) BOE/ECS State Grant $ 1,892,955 $ 1,902,751 $ 9,796 Total Revenue $ 95,188,169 $ 97,960,807 $ 2,772,638

16 16 BOS Estimated State Grant Revenue APPROVED FY2018 BOARD OF ACTUAL ADOPTED DEPT. STATE GOVERNOR SELECTMEN COLLECTED BUDGET ESTIMATE BUDGET HOLDBACKS ESTIMATE BD/ED ST-EQUALIZATION GRANT 2,740,394 1,892,955 2,349,009 2,157,116 (254,365) 1,902,751 BD/ED ST-SCHOOL TRANSPORT TOTAL 2,740,394 1,892,955 2,349,009 2,157,116 (254,365) 1,902,751 - TAX RELIEF $ 183,198 $ 170,000 $ 6,000 $ 6,000 $ - $ 6,000 TAX RELIEF ELDERLY-FREEZE $ 2,278 $ 2,400 $ 2,400 $ 2,400 $ - $ 2,400 PILOT-WATER COMPANY LAND $ 50,685 $ 50,000 $ 50,000 $ 50,000 $ - $ 50,000 ST OF CT-TELECOMMUNICATIONS $ 63,660 $ - $ 63,000 $ - $ - $ - PILOT - COLLEGES/HOSPITALS/ST $ - $ 10,711 $ - $ - $ - $ - MISCELLANEOUS $ 5,779 $ 7,500 $ 7,500 $ 7,500 $ - $ 7,500 ST OF CT-PEQUOT GRANT $ 26,076 $ 25,668 $ 25,668 $ - $ - $ - RENTERS REBATE REDUCTION $ - $ - $ - $ - $ - $ (80,000) TOWN AID ROAD GRANT $ 360,793 $ 360,793 $ 360,793 $ 360,793 $ - $ 360,793 MUNI REV SHAR/PRO TAX $ - $ - $ - $ - $ - $ - GRANTS FOR MUNICIPAAL PROJ $ 64,848 $ - $ 64,848 $ 64,848 $ - $ 64,848 MUNICIPAL GRANTS-IN-AID $ - $ - $ - $ - $ - $ - MUNICIPAL REVENUE SHARE $ 456,863 $ 657,644 $ - $ - $ - $ - PILOT - STATE OWNED PROPERTY $ - $ 12,865 $ - $ - $ - $ - MUNICIPAL STABILIZATION GRT $ - $ - $ 144,673 $ 671,644 $ (12,391) $ 659,253 - TOTAL $ 1,214,180 $ 1,297,581 $ 724,882 $ 1,163,185 $ (12,391) $ 1,070,794

17 17 Components of Debt Service Project Financed Gross Debt Service % of Total Amount Reserved Net Debt Service Budgeted New GHS $ 4,597, % $ (867,736) $ 3,729,415 School $ 1,696, % - $ 1,696,236 Town $ 3,071, % - $ 3,071,003 $ 9,364, % $ (867,736) $ 8,496,654

18 18 Significant Budget Highlights The BOS Reduced the Department Budget Requests by $454,738 The BOS reduced the Capital Requests by $707,619 Current Staffing Reflects 3.05% Increase in Salaries % with the Inclusion of 8 New Firefighters No Bond Authorization Requests Maintain Capital Funding Consistent with BOS Targeted Levels Diminishing Reliance on State Funding

19 19 Where Your Tax Dollars Go: Fire Department Responded to 3,861 Calls Police Department Responded to 11,993 Incidents Guilford Free Library - Circulated 250,000 Items Public Works Maintains 48 Square Miles of Roads Parks & Recreation Served 8,000 Participants in over 600 Classes

20 20 Where Your Tax Dollars Go: Social Services Assisted 657 Households Youth and Family Services - 1,671 Clinical Appts. Health Department Conducted 638 Inspections Assessor Manages 6 Tax Assistance Programs & Over 10,000 Real Estate Accounts Town Clerk Recorded 3,673 Deeds, Issued Close to 500 Marriage, Birth & Death Certificates

21 21 Estimate Your Taxes POTENTIAL TAX CHANGE CALCULATOR In order to use this calculator, you will need your "Revaluation Notice of Assessment" which was mailed to you in November 2017 Only enter figures in Steps 1-3; all other fields will automatically calculate STEP 1 Enter your October 1, 2017 total (gross) assessment $ 334,140 STEP 2 Enter your October 1, 2013 total (gross) assessment $ 358,720 Your gross assessment changed in dollars by -$24,580 and percentage by -6.85% Current Mill Rate for FY STEP 3 Insert the proposed Mill Rate for FY Your current tax bill for FY $ 10,532 Your potential tax bill for FY $ 10,515 Your total yearly tax payment could change by -$17 Taxes are paid in two installments - July & January So your payment per installment could change by -$8 Follow this link to view your current assessment if you do not have your notice. Follow this link for information on how the Mill Rate is calculated. Follow this link for questions and answers on the 2017 Revaluation.

22 22 SERVING OUR RESIDENTS Public Safety Infrastructure Maintenance Economic Development Culture & Tourism Quality of Life