1 / 27

Fiscal Year 2012-13 Budget (Second Budget Workshop)

Fiscal Year 2012-13 Budget (Second Budget Workshop). August 21, 2012. Major Services. The Biggies: General Fund – Law Enforcement/Jails EMS/Public Safety Court System Parks – Regional LeeTran Human Services Facilities Other – Roads – Unincorporated

hunter-weiss
Download Presentation

Fiscal Year 2012-13 Budget (Second Budget Workshop)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Fiscal Year 2012-13 Budget (Second Budget Workshop) August 21, 2012

  2. Major Services The Biggies: General Fund – Law Enforcement/Jails EMS/Public Safety Court System Parks – Regional LeeTran Human Services Facilities Other – Roads – Unincorporated Libraries – own tax Conservation 20/20 – own tax The Outside Economic Generators: Economic Development Office – Gen. Fund Visitor & Convention Bureau – Special Revenue Sports Authority, including Baseball – Special Rev. The Unincorporated Services (MSTU Tax): Transportation – Gas taxes/impact fees Building Services Natural Resources Animal Services Parks & Recreation - Community The Outside Fundees (General Fund): Sheriff’s Office ($143 million) Court System Constitutional Officers The Enterprise Businesses: Solid Waste Utilities Toll Bridges

  3. Spending Levels Population 2004-05 General Fund 521,253 2005-06 All BoCC Departments 549,442 2006-07 Constitutional Officers 585,608 Today (2012-13) 638,029 Cyclical Shortfall “One resulting from a temporary collapse of revenue due to the recession.” Structural Shortfall (i.e. over-promising) “Chronic, longer-term, and massive structural imbalances that have developed largely due to policy choices made in better times.”

  4. Continued next page

  5. Continued next page

  6. Continued next page

  7. Property Tax Base($ Billions) BaseCountywide Tax Rate • 12—1353.24.15 • 11—1253.64.15 • 10—11 55.5 4.15 • 09—10 64.9 4.15 • 08—09 84.5 4.15 • 07—08 96.5 4.15 • 06—07 89.7 4.48 • 05—06 64.1 4.95 • 04—05 50.3 5.27 • 03—04 43.2 5.34 • 02—03 36.9 5.34

  8. Property Tax Revenues Millions • 11—12$252 • 10—11 $264 • 09—10 $308 • 08—09 $399 • 07—08 $462

  9. Property Tax RATES Rate Rate 01-0212-13 • General Fund 4.3277 3.6506 • Capital Outlay 0.5124 0.0000 • Cons. 20/20 0.5000 0.5000 • Uninc. MSTU 1.2114 0.8398 • Libraries 0.9630 0.3541 • All Hazards 0.0733 0.0693 • TOTAL 7.5878 5.4138

  10. Illustrative Tax History Prop. TaxGarbage RateTotalDiff. • 2005 $3,230 $188 $3,418 • 2012 $2,517 $175 $2,692 $(726) County Portion • 2005 $1,157 $188 $1,345 • 2012 $658 $175 $833 $(512) • County Portion is 70% of decrease

  11. Still Fiscally Challenged The Good • Reduced Taxes • Cut Spending • Decreased Size of Government (reduced workforce by 16%) • Silver Lining – we are a more efficient operation • “Purposeful Abandonment” • Indications of economic improvement The Bad • Service levels are becoming “frayed” • We are much more reactive, than proactive, in our budgeting • Reserves spending is unsustainable OVER THE LONG TERM

  12. General Fund Undesignated Reserves Sep. 30 2005 $ 70.0 million 2006 $ 57.4 million 2007 $ 123.9 million 2008 $163.8 million 2009 $173.9 million 2010 $191.1 million 2011 $158.3 million 2012 $136.3 million (projected)

  13. Continued next page

  14. General Fund – Current Model Rev.Exp.ShortfallReserves% • 2012 $323* 358 (35) 136 38% • 2013 $314 346 (33)** 104 30% • 2014 $327 349 (22) 81 23% • 2015 $333 349 (16) 65 19% • 2016 $340 349 (9) 56 16% • 2017 $346 351 (5) 51 15% *In $millions **Includes $6 million of major maintenance carryovers and $4.1 million increase in state mandates. Note: No increase in tax base until FY13-14; then 2% per year

  15. General Fund Expenditures Constitutionals $195 million 55% County Depts. $107 million 30% Joint Costs $ 54 million 15% TOTAL $356 million 100%

  16. Continued on next page

  17. Continued from previous page

  18. QUESTIONS?

More Related