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Alachua County Commission FY14 Budget Development

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Alachua County Commission FY14 Budget Development. March 5th, 2013. FY14 Budget Development. Budget Development & Planning Budget Overview Budget Principles/Assumptions. FY14 Budget Development. Budget Development & Planning. FY14 Budget Development & Planning. Topics & Concerns - PowerPoint PPT Presentation
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Alachua County Commission FY14 Budget Development March 5th, 2013
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Page 1: Alachua County Commission FY14 Budget Development

Alachua County CommissionFY14 Budget Development

March 5th, 2013

Page 2: Alachua County Commission FY14 Budget Development

FY14 Budget Development

Budget Development & Planning Budget Overview Budget Principles/Assumptions

FY14 Budget Development 3/5/2013 2

Page 3: Alachua County Commission FY14 Budget Development

FY14 Budget Development

Budget Development & Planning

Page 4: Alachua County Commission FY14 Budget Development

FY14 Budget Development & Planning

Topics & Concerns Budget Meetings Schedule Preliminary Revenue Projections

Property Taxes Communication Services Tax (CST) & Public

Services Tax (PST) revenues

Medicaid impacts to General Fund Supervisor of Elections space needs FY 2014 Raise Projections

FY14 Budget Development 3/5/2013 4

Page 5: Alachua County Commission FY14 Budget Development

FY14 Budget Development & Planning

Budget meeting schedule March 20 – Manager’s Budget Allocation

Meeting Budget presentations by Constitutional and

Judicial Officers in TBA May – Capital Improvement Review July 9 – Presentation of Tentative Budget July 16 – Set tentative millage rates for TRIM

requirements September 10 and 24 for TRIM public

hearingsFY14 Budget Development

3/5/2013 5

Page 6: Alachua County Commission FY14 Budget Development

FY14 Budget Development & Planning

Preliminary Revenue Projections Property Tax

Estimate a 2% reduction in taxable property values for all taxing units

FY14 Budget Development 3/5/2013 6

Property Tax Revenue Only General FundMSTU

UnincorporatedMSTU

Law EnforcementMSTU

Fire Services

Property Value Growth -2% -2% -2% -2%

Current Millage 8.5956 0.4124 1.6710 1.3391 Projected Revenue 90,238,570 1,804,111 8,001,554 5,985,285 FY13 Adopted Budget 92,057,664 1,839,401 8,157,817 6,102,099 Difference (1,819,094) (35,290) (156,263) (116,814)

ALTERNATIVE FY14 MILLAGE RATES

Page 7: Alachua County Commission FY14 Budget Development

FY14 Budget Development & Planning

Communication Services Tax (CST) & Public Services Tax (PST) is declining in all MSTU Funds

The revenue projections are below the FY13 budgeted amount by 8%

HB303 could impact the CST

FY14 Budget Development 3/5/2013 7

Page 8: Alachua County Commission FY14 Budget Development

FY14 Budget Development & Planning

Medicaid impacts to General Fund

FY14 $2.9m in additional ongoing costs to the General Fund

Proposed Governor’s Budget would impose an additional unfunded $700k on Alachua County

FY14 Budget Development 3/5/2013 8

Page 9: Alachua County Commission FY14 Budget Development

FY14 Budget Development & Planning

Supervisor Of Elections Space Needs

FY 13 current lease cost $148k Request Space

44,000 sq. ft. Estimated lease cost approximately

$300k

FY14 Budget Development 3/5/2013 9

Page 10: Alachua County Commission FY14 Budget Development

FY14 Budget Development & Planning

FY14 Employee 5% Raise BoCC = $2.1m

GF = $1.1m MSTU’s = $470k General Fund includes Supervisor of

Elections Sheriff = $2.3m Tax Collector = $172k Clerk of Court = $77k Property Appraiser = $125k

FY14 Budget Development 3/5/2013 10

Page 11: Alachua County Commission FY14 Budget Development

FY14 Budget Development & Planning

FY14 Employee 3% Raise BoCC = $1.2m

GF = 660k MSTU’s = $280k General Fund includes Supervisor of

Elections Sheriff = $1.4m Tax Collector = $103k Clerk of Court = $46k Property Appraiser = $75k

FY14 Budget Development 3/5/2013 11

Page 12: Alachua County Commission FY14 Budget Development

FY14 Budget Overview

Page 13: Alachua County Commission FY14 Budget Development

Total Budget for All Funds $309,912,396

General Fund; 125124810; 40.4%

MSTU - Unincorpo-rated; 5865028;

1.9%

MSTU - Law Enforcement; 17255866; 5.6%

MSTU - Fire Services; 15816487; 5.1%

Gas Tax; 8488760; 2.7%

Special Revenue Funds; 61185902;

19.7%

Enterprise Funds; 27655924; 8.9%

Internal Service Funds; 40637008;

13.1%

Capital Project Funds; 7775052; 2.5% Agency Funds; 107559; 0.0%

FY 2013 Adopted Budget - All Funds

FY14 Budget Development 3/5/2013 13

Page 14: Alachua County Commission FY14 Budget Development

FY14 Budget Overview

Special Revenue Funds $61.1m, 19.7% of FY13 BoCC Budget

Internal Service Funds $40.6m, 13.1% of FY13 BoCC Budget

Enterprise Funds $27.6m, 8.9% of FY13 BoCC Budget

No significant changes expected

FY14 Budget Development 3/5/2013 14

Page 15: Alachua County Commission FY14 Budget Development

FY14 Budget Overview

Capital Projects – FY14 Planned Funding

General Fund – $145k more than FY13 Facilities - Capital $861k Facilities - Capital Preservation $589k Technology - $200k Parks - $500k Economic Development/Fairgrounds - $368k

MSTU Fire Fire Protection - $500k

MSTU Unincorporated - $90k more than FY13

Parks - $412k

FY14 Budget Development 3/5/2013 15

Page 16: Alachua County Commission FY14 Budget Development

FY14 Budget Overview

Gas Tax Fund $8.5m, 2.7% of FY13 BoCC Budget Revenues declined 25.6% since 2009 Expenditures declined 6.5% since

2009 Ending Fund Balance projection for

FY14 is approximately negative $700k FY13 RTS Funding $836k

FY14 Budget Development 3/5/2013 16

Page 17: Alachua County Commission FY14 Budget Development

FY14 Budget Development 3/5/2013 17

FY13 FY14Current Millage Rate 0.4124 Budgeted Planned Difference

Ad Valorem 1,841,151$ 1,804,111$ (37,040)$ Other Taxes 1,706,375 1,629,242 (77,133) Permits, Fees & Special Assessments 123,860 123,860 - Intergovernmental 1,016,500 1,016,500 - Charges for Services 57,550 57,550 - Miscellaneous Revenue 24,100 24,140 40 Operating Transfer In 390,000 390,000 - Receipts from Constitutional Officers 28,420 28,420 - Budgeted Fund Balance 677,072 623,758 (53,314)

Total 5,865,028$ 5,697,581$ (167,447)$

Actual Beginning Fund Balance 606,927$

MSTU UNINCORPORATED REVENUE PROJECTIONS

Source FY13 Adopted Budget - FY14 Planned Ad Valorem depicts property value reduction of 2%. FY14 Planned Other Taxes reflect a decrease in PST & CST combined of 8%, ($139,388).

Consider Funding RTS 100% (additional $836k)

Page 18: Alachua County Commission FY14 Budget Development

FY14 Budget Development 3/5/2013 18

FY13 FY14Current Millage Rate 1.6710 Budgeted Planned Difference

Ad Valorem 8,161,817$ 8,001,554$ (160,263)$ Other Taxes 6,870,750 6,499,065 (371,685) Miscellaneous Revenue 72,000 72,075 75 Operating Transfer In 1,215,000 1,215,000 - Receipts from Constitutional Officers 150,000 150,000 - Budgeted Fund Balance 786,299 802,025 15,726

Total 17,255,866$ 16,739,719$ (516,147)$

Actual Beginning Fund Balance 332,407$ Projected Ending Fund Balance (300,000)$

MSTU LAW ENFORCEMENT REVENUE PROJECTIONS

Source FY13 Adopted Budget - FY14 Planned Ad Valorem depicts property value reduction of 2%. FY14 Planned Other Taxes reflect a decrease in PST & CST combined of 8%, ($602,613).

Page 19: Alachua County Commission FY14 Budget Development

FY14 Budget Development 3/5/2013 19

FY13 FY14Current Millage Rate 1.3391 Budgeted Planned Difference

Ad Valorem 6,105,099$ 5,985,285$ (119,814)$ Other Taxes 5,119,125 4,887,873 (231,252) Intergovernmental 15,100 15,100 - Charges for Services 964,682 964,682 - Miscellaneous Revenue 84,000 84,160 160 Operating Transfer In 825,000 825,000 - Receipts from Constitutional Officers 19,773 19,773 - Budgeted Fund Balance 2,683,708 2,799,427 115,719

Total 15,816,487$ 15,581,300$ (235,187)$

Actual Beginning Fund Balance 3,691,632$ Projected Ending Fund Balance 4,000,000$

MSTU FIRE SERVICES REVENUE PROJECTIONS

Source FY13 Adopted Budget - FY14 Planned Ad Valorem depicts property value reduction of 2%. FY14 Planned Other Taxes reflect a decrease in PST & CST combined of 8%, ($418,017).

Page 20: Alachua County Commission FY14 Budget Development

FY14 Budget Development 3/5/2013 20

FY13 FY14Current Millage Rate 8.5956 Budgeted Planned Difference

Ad Valorem 92,057,664$ 90,238,570$ (1,819,094)$ Other Taxes 255,000 260,100 5,100 Intergovernmental 4,720,000 4,882,500 162,500 Charges for Services 9,443,750 9,459,103 15,353 Fines & Forfeitures 5,400 5,400 - Miscellaneous Revenue 2,642,693 2,591,553 (51,140) Operating Transfers In 3,728,136 4,116,353 388,217 Receipts from Constitutional Officers 1,521,535 1,542,657 21,122 Budgeted Fund Balance 10,750,632 11,065,645 315,013

Total 125,124,810$ 124,161,881$ (962,929)$

GENERAL FUND REVENUE PROJECTIONS

Source FY13 Adopted Budget - FY14 Planned Ad Valorem depicts property value reduction of 2%.

Page 21: Alachua County Commission FY14 Budget Development

FY14 Budget Overview

FY14 Budget Development 3/5/2013 21

FY13 Adopted Budget 125,124,810$

Ad Valorem Projected 2% Decrease 1,842,553

Replenish Reserves at 5% 237,907

Medicaid General Fund Impact 2,862,043

130,067,313$

GENERAL FUND ISSUES

Page 22: Alachua County Commission FY14 Budget Development

FY14 Budget Overview

Gas Tax – Options Transfer all RTS to the Unincorporated

MSTU Adjust the Unincorporated MSTU Half Cent

Sales tax allocation Adjust the Unincorporated MSTU Public

Service Tax and Communication Services Tax allocations

Increase Unincorporated MSTU Millage Review Internal Service Funds

allocationsFY14 Budget Development

3/5/2013 22

Page 23: Alachua County Commission FY14 Budget Development

FY14 Budget Overview

MSTU Law Enforcement Options Increase funding split from the CST &

PST revenue Increase Millage

FY14 Budget Development 3/5/2013 23

Page 24: Alachua County Commission FY14 Budget Development

FY14 Budget Overview

General Fund Options Increase Millage Shift CST & PST revenues to GF and increase MSTU Millages

Reduce GF expenditures by 4%

FY14 Budget Development 3/5/2013 24

Page 25: Alachua County Commission FY14 Budget Development

Very Preliminary Estimates

FY14 Budget Development 3/5/2013 25

Property Tax Revenue Only General FundMSTU

UnincorporatedMSTU

Law EnforcementMSTU

Fire Services

Property Value Growth -2.00% -2.00% -2.00% -2.00%

Current Millage 8.5956 0.4124 1.6710 1.3391 Projected Revenue 90,238,570 1,804,111 8,001,554 5,985,285 FY13 Adopted Budget 92,057,664 1,839,401 8,157,817 6,102,099 Difference (1,819,094) (35,290) (156,263) (116,814)

Revenue Stabilization 8.7689 0.4205 1.7037 1.3653 Projected Revenue 92,057,913 1,839,545 8,158,137 6,102,389 FY13 Adopted Budget 92,057,664 1,839,401 8,157,817 6,102,099 Difference 249 144 320 290

Continuation Budget 9.2587 0.4205 1.7763 1.3653 Projected Revenue 97,200,000 1,839,545 8,505,781 6,102,389 FY13 Adopted Budget 92,057,664 1,839,401 8,157,817 6,102,099 Difference 5,142,336 144 347,964 290

Simple Majority Cap 10.0000 0.5093 1.9715 1.6032 Projected Revenue 104,982,282 2,228,015 9,440,493 6,980,663 FY13 Adopted Budget 92,057,664 1,839,401 8,157,817 6,274,689 Difference 12,924,618 388,614 1,282,676 705,974

Rollback (up) 8.8208 0.4245 1.7205 1.3790 Projected Revenue 92,602,771 1,857,044 8,238,584 6,163,623 FY13 Adopted Budget 92,057,664 1,839,401 8,157,817 6,102,099 Difference 545,107 17,643 80,767 61,524

ALTERNATIVE FY14 MILLAGE RATES

Page 26: Alachua County Commission FY14 Budget Development

FY14 Budget Principles

Maintain 5% reserve policy for major operating funds

Maintain General Fund budget allocation share with Constitutional Offices

Maintain current funding allocation for Law Enforcement between General Fund and MSTU

One-time sources will be allocated toward reserves or one-time expenditures

Continue to present a two-year budgetFY14 Budget Development 3/5/2013 26

Page 27: Alachua County Commission FY14 Budget Development

FY14 Budget Assumptions

Budget property tax revenue based on maintaining the Continuation Budget

Increase General Fund Millage to recoup loss in property values, replenish reserves and fully fund Medicaid

Increase MSTU Law Enforcement Millage to stabilize fund balance and cover shortages in CST & PST

Adjust the CST and PST allocations to fully fund RTS in the MSTU Unincorporated

Fund Capital Projects at FY14 Planned levelsFY14 Budget Development 3/5/2013 27

Page 28: Alachua County Commission FY14 Budget Development

FY14 Budget Development

Discussion, Comments, Questions


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