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Nevada County

Nevada County. Board of Supervisors Fiscal Report Fiscal year 2004/2005 2005/2006 Mid Year 2006/2007 Budget Outlook. Board of Supervisors Workshop January 30, 2006. Fiscal report Review Results for fiscal 2004/2005 Results for mid year fiscal 2005/2006

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Nevada County

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  1. Nevada County Board of Supervisors Fiscal Report Fiscal year 2004/2005 2005/2006 Mid Year 2006/2007 Budget Outlook Board of Supervisors Workshop January 30, 2006

  2. Fiscal report Review Results for fiscal 2004/2005 Results for mid year fiscal 2005/2006 Fiscal recommendations and the upcoming budget Desired Outcomes of This Presentation • Provide Information To Affirm Your Current Perspective • Update Your Perspective to Current Time • Discuss Future Needs and Uncertainties and the Alternatives

  3. 2004/2005 General Fund Results(Unaudited)

  4. General Fund Revenues by Source

  5. General Fund Discretionary Revenues

  6. General Fund Expenditures by Category

  7. Expenditures By Department

  8. 2005/06 General Fund Revised Plan

  9. 2005/06 General Fund Revised Plan

  10. Other Operating Funds

  11. Affirm Your Current Perspective • General fund results improve on 2005-2006 budget plan beginning balance • Discretionary revenues continued modest upward trend in 2004-2005 • Other operating funds healthy • Financially Healthy

  12. Q2 2005/2006General Fund Revenues

  13. Q2 2005/2006 General Fund Expenditures

  14. Update Perspective to Current Time • Q2 2005/2006 on target • Major prior year and current year events to date covered • The 2004/2005 Budget perspective is intact

  15. General Fund 2005/06 Budget Discretionary Revenues

  16. Property Tax

  17. Property Tax

  18. Penalties

  19. Property Transfer Taxes

  20. Property Tax Administration

  21. Sales & Use Tax

  22. Transient Occupancy Tax

  23. Franchise Fees

  24. Motor Vehicle License Fee

  25. Interest

  26. Total Discretionary Revenue

  27. Discretionary RevenueIs Used For

  28. Recap • MVLF to property tax swap provides growth • ERAF III Ended • Economic driven revenues estimated flat • Annexation impacts continues • Resources to allocate in 2006/07 at least PAR to final 2005/06 budget • Real Estate Driven Revenues Strong but Expected to Change

  29. State & Federal Budget • November 2005 Election costs to be reimbursed • Rural County Sheriff Grant is included • First year funded of SB90 claim repayment • SB90 Current year is funded • Assessor’s grant program is suspended • Federal CSS Penalty is funded by State • Ten Year “Strategic Growth” or Infrastructure Plan

  30. State & Federal Budget • IHSS provider costs funded at current participation levels but proposed minimum wage increase could significantly impact costs • Prop 36/SACPA funded at current levels for one year only • Mental Health Services to Special Education Pupils (AB3632) underfunded

  31. State & Federal Budget • Proposition 42 fully funded. However no local funds anticipated until 2008/09 • Booking Fees funded as “placeholder” • Federal proposal to eliminate federal participation on reinvested child support incentive funds. • Federal proposal to restrict MediCal reimbursement for Case Management Services.

  32. Property Taxes

  33. Jail Expansion • Annual operating costs could exceed 2+ million each year • Required Needs assessment • Alternatives to extend expansion requirement • Capital Costs could exceed 10 million

  34. Health & WelfareRealignment Special Revenues

  35. Mental Health Realignment With Shift Without Shift

  36. Indirect Cost Allocation Plan (A87)

  37. Cost of Staffing • PERS growth is stabilizing • OPEBs – GASB 45 • Upcoming Labor Negotiations • Vacancy Review • Technology Strategic Plan • Imagine This Initiative

  38. Roads

  39. Capital Facilities • Capital Facilities Master Plan • Preservation of existing assets • Expansion requirements • Identified needs will likely require COP • Staff is considering alternate potentials for an income stream

  40. Court Transfers • Negotiations protracted • Annual Court Facility Payments $200,000 • Seismic Issues • Court Transfers moving forward

  41. Other • SAN District Upgrades • General Plan Costs • West Nile Virus • HAVA • Indigent defense

  42. Vigilance

  43. THANKS! Louise Bock Katy Eckert Tina Vernon Pamela Raymond Leann Whitaker Laura Matteson Rick Haffey County Fiscal Staff Auditor Controller & Staff

  44. Nevada County Board of Supervisors Fiscal Report Fiscal year 2004/2005 2005/2006 Mid Year 2006/2007 Budget Outlook Board of Supervisors Workshop January 30, 2006

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