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FY2015/2016 Budget Development Workshop - Distribution of Revenues and Funding Allocations

This workshop discusses the fair distribution of revenues and funding allocations for the fiscal year 2015/2016 budget, including the establishment of a revenue stabilization fund.

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FY2015/2016 Budget Development Workshop - Distribution of Revenues and Funding Allocations

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  1. 3rd FY2015/2016 Budget Development Workshop August 3, 2015

  2. 3rd FY2015/2016 Budget Development Workshop General Fund

  3. 3rd FY2015/2016 Budget Development Workshop Based on historical allocation to Constitutional Officers, a guideline percentage has been calculated for the purpose of distributing revenues.

  4. 3rd FY2015/2016 Budget Development Workshop Having a guideline, allows fair and equitable distribution of increased revenues year over year to each Constitutional Officer.

  5. 3rd FY2015/2016 Budget Development Workshop • Fully funds 14/15 mid year COLA • Fully funds FRS contribution changes • Fully funds CHP health insurance increase

  6. 3rd FY2015/2016 Budget Development Workshop Adds: • 12 hour shift for EMS • Veterans Services Officer full time • Administrative Assistant in Animal Services • Maintenance Worker for the Community Center • Full time employee in Revenue Collections • Full time employee at the Library • Part time student position for On the Job Training Program

  7. 3rd FY2015/2016 Budget Development Workshop Two of the new positions are offset by an increase in user fee revenue and reallocation of salary and benefits to grant funding

  8. 3rd FY2015/2016 Budget Development Workshop Revenue Stabilization Fund

  9. 3rd FY2015/2016 Budget Development Workshop Provides a safeguard against fluctuating or volatile revenues

  10. 3rd FY2015/2016 Budget Development Workshop A method to fund recurring expenses while making deliberate decisions instead of taking the “just wait and see” approach

  11. 3rd FY2015/2016 Budget Development Workshop Establishes a maximum amount of annual recurring growth allowing for disciplined expenditure control

  12. 3rd FY2015/2016 Budget Development Workshop The RSF will allow for strategic and incremental planning to reduce the Fine & Forfeiture Fund dependence on Housing for Prisoner Revenue

  13. 3rd FY2015/2016 Budget Development Workshop Fine & Forfeiture Fund

  14. 3rd FY2015/2016 Budget Development Workshop • Increase to total WCSO budget of $191,622 over current fiscal year • 66% of General Administration revenue increase allocated to WCSO • Shares the revenue decrease of $553,112 in Housing for Prisoner revenue with all Constitutional Officers

  15. 3rd FY2015/2016 Budget Development Workshop • Fully funds two additional E911 operators • Fully funds the COPS grant commitment for one final year

  16. 3rd FY2015/2016 Budget Development Workshop Road Department

  17. 3rd FY2015/2016 Budget Development Workshop • Funding for purchase of necessary capital equipment

  18. 3rd FY2015/2016 Budget Development Workshop • Provides $20,000 in funding for the Keep Wakulla County Beautiful organization • Alternative funding sources?

  19. 3rd FY2015/2016 Budget Development Workshop Fire MSBU Fund

  20. 3rd FY2015/2016 Budget Development Workshop • Preliminary Rate Resolution establishes: • $80 per household • $.064 per square foot commercial • $.1813 per acre for vacant land • Does not fund any capital equipment

  21. 3rd FY2015/2016 Budget Development Workshop One Cent Sales Tax Fund

  22. 3rd FY2015/2016 Budget Development Workshop • Capital maintenance – interior painting of Riversink Water Tower • Replacement of Class A Fire Engine • Replacement of WCSO Road Patrol vehicles • Funding for road resurfacing, striping and bridge repair • Continues debt service as scheduled • Reserve funding for anticipated paving projects

  23. 3rd FY2015/2016 Budget Development Workshop

  24. 3rd FY2015/2016 Budget Development Workshop Questions / Discussion?

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