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Walworth County. 2011 Preliminary Budget. Planning for the future. The Budget. is a legal document. insures fiscal control. is a planning tool. Property Tax Bill. State of Wisconsin. School district(s). County of Walworth. City, town or village. Gateway Technical College.

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walworth county

Walworth County

2011 Preliminary Budget

Planning for the future

the budget
The Budget
  • is a legal document
  • insures fiscal control
  • is a planning tool
property tax bill
Property Tax Bill
  • State of Wisconsin
  • School district(s)
  • County of Walworth
  • City, town or village
  • Gateway Technical College
  • Special taxing districts
county tax
County Tax
  • Library Levy
  • Debt Service Levy
  • Children with Disabilities Education Board (CDEB) Levy
  • Other Operating Levy
library levy
Library Levy

Wisconsin Statue 43.64(1) provides for

the Library tax levy.

debt service
Debt Service

Wisconsin Statute 67.03(1) limits the amount of

debt that can be issued by a County to 5% of the equalized value of taxable property.

future bonded capital projects
Future Bonded Capital Projects

Future Goal: Continue to look for ways to reduce the need to borrow.

other operating
Other Operating
  • The balance of county departments
calculating the tax
Calculating the Tax
  • $150,000 house (assuming 100% assessment ratio):

1. (150,000 / 1,000) = 150

2. 150 * 4.206938 = 631

  • $631 Walworth County taxes
1992 operating mill rate cap
1992 Operating Mill Rate Cap
  • Wisconsin State Statute 59.605 imposes an operating levy rate limit on counties. The operating tax levy rate may not exceed the 1992 rate. This limit excludes library, debt service and the CDEB tax levies.
      • 1992 Operating mill rate 3.846215
      • 2010 Operating mill rate 3.231416
      • Under the cap (0.614799) or ($8,883,896)
2005 state levy limits as amended in 2009
2005 State Levy Limits (as amended in 2009)
  • The increase may not exceed the greater of 3% plus terminated TID (0) or the increase in net new construction (0.091%) plus terminated TID (0).
  • Limit excludes CDEB, library aid, and increases in debt service payments
  • Limit allows for carry forward of unused 2007 levy (2008 purposes).
  • Under limit by $3,657,882
self imposed limit
Self-Imposed Limit
  • The Walworth County Board established a goal limiting growth in the tax levy:
        • Calculated levy goal 4.59%
        • Self-imposed recommendation 2.89%
        • 2010 levy increase 2.88%
        • Under calculated goal (1.64%) or ($1,011,739)
        • Under recommended goal (.008%) or ($4,881)
wage benefit comparison
Wage/Benefit Comparison

Wages

Benefits

Benefits without OPEB

unrestricted equity
Unrestricted Equity
  • County Ordinance states target reserves should be between 15-20% of allowable revenues

* Less the approved usage of funds in 2010.

insurance unrestricted equity
Insurance Unrestricted Equity
  • County Ordinance states Health, Dental and Workers Comp reserves should be a minimum of 3 to 4 months of prior years average claims

* Target Risk Management reserve is $4,000,000

saving for the future
Saving for the Future
  • Road Construction
  • Required severance benefits/payouts
          • Election equipment
  • Parks
cdeb budget factors
CDEB Budget Factors
  • Full Time Equivalent Positions
    • 2006 – 196.89 FTEs
    • 2011 – 118.22 FTEs
      • Change of 78.67 positions
  • State Aid ($390,000)
  • Payroll Costs ($467,000)
dept of public works
Dept of Public Works
  • Central Services, Facilities, Highway
    • $136,000 decrease in Highway state aid and state reimbursements
    • $163,000 increase in employee payouts
    • $123,000 increase in depreciation
insurance funds
Insurance Funds
  • Health Insurance:
      • Cost savings via third party vendors
      • Claims expense down
      • Employee wellness initiatives
      • Overall health of employees/spouses
      • Federal healthcare reform plan
      • 0% increase for 2011 premiums
  • Risk Management Insurance:
      • New safety coordinator
tax levy 40 9 60 790 625
Tax Levy – 40.9% $60,790,625
  • Balanced budget
  • The tax levy is the difference between the expenditures and all other revenues.
historical tax levy increases
Historical Tax Levy Increases
  • 2010 change in levy ranked 46th of 72 counties
historical average mill rates
Historical Average Mill Rates
  • Out of 72 Counties, Walworth County:
    • Ranked 54th for 2010 mill rate ($3.94) compared to avg ($4.76)
    • Ranked 53rd for change in mill rates
slide35
The 2011 Walworth County Preliminary Budget is available for review in the County Clerk & Finance offices and on the County’s website.

www.co.walworth.wi.us

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