TO FRO DA SU SUM o o A C O: Armo Cuyah OM: Denn ATE: July 2 BJECT: Cuyah MMARY o The Office several ye General F implemen debt is iss o The Gene of mid‐ye million, w revenues revenues presentat 0.25% sal Office of B ARMOND BUD Cuyahoga Cou ond Budish, C hoga County is G. Kennedy 27, 2015 hoga County e of Budget ears and has d Fund to fund nted by the F sued when th ral Fund, net ear is projecte which is 19.0 and expense and expense tion. The for es tax. Budget & Manage DISH unty Executive uyahoga Cou Council y, Fiscal Offic 2015 Second and Manage determined t existing proj Fiscal Officer, e General Fu of the 0.25% ed to finish 2 0% of expend es associated es associated rmat included ement, 2079 Eas www.obm e unty Executiv cer d Quarter Rep ment has ex that the Coun jects and old the General nd can be pa % Sales tax rev 2015 with a $ ditures based with the .25 d with the .25 d in this docu st Ninth Street, C m.cuyahogacount ve port amined the c nty would hav der projects t Fund is requ id back. venue and ex $26.2 million d on inclusio 5% sales tax i 5% Sales tax ument backs Cleveland Ohio 4 ty.us capital projec ve to advance that have def uired to adva penses began deficit. The on of $20 m is a change i x have been i out the reve 44115 (216) 443- cts activity o e or transfer a ficit cash bala nce the cash n 2015 with a ending balan million in bon n presentatio included in t enues and ex -7220 of the County a net $65.9 m ances. Unde needs to the a $32.7 millio nce is project nd proceeds. on format. I the General F xpenses assoc y over the pa million from th er a new poli e projects un n deficit and ed to be $70 Isolating th n the past, th Fund operati ciated with th ast he cy ntil as 0.3 he he ng he
Transcript
TO FRO DA SU
SUM
o
o
AC
O: ArmoCuyah
OM: Denn
ATE: July 2
BJECT: Cuyah
MMARY
o The Officeseveral yeGeneral Fimplemendebt is iss
o The Geneof mid‐yemillion, wrevenues revenues presentat0.25% sal
Office of B
ARMOND BUDCuyahoga Cou
ond Budish, Choga County
is G. Kennedy
27, 2015
hoga County
e of Budget ears and has dFund to fund nted by the Fsued when th
ral Fund, net ear is projectewhich is 19.0and expenseand expensetion. The fores tax.
Budget & Manage
DISH unty Executive
uyahoga CouCouncil
y, Fiscal Offic
2015 Second
and Managedetermined texisting proj
Fiscal Officer, e General Fu
of the 0.25%ed to finish 20% of expendes associatedes associatedrmat included
ement, 2079 Easwww.obm
e
unty Executiv
cer
d Quarter Rep
ment has exthat the Counjects and oldthe General nd can be pa
% Sales tax rev2015 with a $ditures based with the .25d with the .25d in this docu
st Ninth Street, Cm.cuyahogacount
ve
port
amined the cnty would havder projects tFund is requid back.
venue and ex$26.2 milliond on inclusio5% sales tax i5% Sales tax ument backs
Cleveland Ohio 4ty.us
capital projecve to advancethat have defuired to adva
penses begandeficit. The on of $20 mis a change ix have been iout the reve
44115 (216) 443-
cts activity oe or transfer aficit cash balance the cash
n 2015 with aending balan
million in bonn presentatioincluded in tenues and ex
-7220
of the Countya net $65.9 mances. Unde needs to the
a $32.7 millionce is projectnd proceeds.on format. Ithe General Fxpenses assoc
y over the pamillion from ther a new polie projects un
n deficit anded to be $70 Isolating thn the past, thFund operaticiated with th
ast he cy ntil
as 0.3 he he ng he
Int
Thecomassbie
Ge
2013.2higpri
o
o
o
o
o
o
o
o
troduction
e quarterly pmparison to tsessment of hennial budget
eneral Fund
15 projected 2% higher whgher than expor year. A br
o Property operationand 25% accountin2014 actu2015 projThe budgorder to i
o Sales tax the seconcollection
o Monthly 6.7% thro
o Local Govprior yearState bud$18.3 mill
o Other Int26.1%. Tproperty reimburse2015, $80
o Other Taxprojectionvariance t
o Investme$4.1 millipremiumsyears. Inv
o Total chaElection s
n
projection is the current ohow the curret update (R20
Revenues
General Funden comparedpected growthreak out of Ge
Taxes collectns based on thigher than ng policy chanual and the 2ection whichget office willncrease the a
revenue is pnd quarter bn during the fi
sales tax collough July. Slo
vernment Fur. LGF receipdget does notlion.
tergovernmenhe non‐LGF ptaxes and otement revenu02,000 higher
x is projecten assumes thto 2014 actua
nt earnings aion. Despites on prior invvestment ear
rges for servubdivision fe
a compreheperating budgent operating14‐0267).
d operating rd to the 2014 h in sales tax eneral Fund r
ted from thehe first half cbudget. Thenge in which 2015 current is stated at gl revise the mamount of ins
projected to bbased on collirst seven mo
lections haveowly improvin
nd (LGF) revpts are trendint include spe
ntal revenueportion of intther reimburue from the r than 2014. P
ed to finish tat the excessal.
are expected e the low ratvestment andnings are tran
vices revenuees which acc
ensive overviget. The prog plan, the bu
revenue of $3actual of $33revenue andrevenues is co
1.45 inside mcollection. Pr increase in property tax budget are sgross receiptsmillage in 20side millage fo
be 5.1% highections thro
onths of 2015
e exhibited grng economic
enue is projeng higher thanding cuts to
e is 7.8% hightergovernmenrsement sourState is trendPublic Defend
the year $2.7s sin tax colle
to turn aroue environmed is continuinnsferred once
e for 2015 is rue every oth
2
ew of the stocess is underdget, is meet
344.3 million 38.9 million. d most major ontained in At
millage are eroperty taxesproperty tax revenue is ststated at nets. The offset 16 used to cor debt servic
er than 2014ugh June 20, leading to a
rowth aboveconditions ar
ected to be 9an budget ando the LGF for
her than in 2ntal revenue rces includingding higher inder revenue c
7 million lessction stops at
und in 2015 aent, the invesng to show ine a year to th
projected to her year on th
tatus of acturtaken in quating the objec
is $11.6 milliThe projectesources comttachment A.
expected to gs are projecterevenue ovetated as grosst tax receiptsto the gross calculate the ce.
4 and is highe015. Collecti conservative
e the prior yere causing thi
9.6% higher d higher than counties. T
2014 and is is comprisedg public defen 2015 and iscame in at $8
s than 2014 t the end of J
and are consistment depanvestment eae General Fu
decrease byhe even year.
ual revenue arterly incremctives identifi
ion higher thad variance fro
ming in slightly.
generate $14ed to come iner the first qus tax receiptss thereby increceipts is reproperty tax
er than the bons came ine growth estim
ear collections trend.
than budgetn last year’s ahe LGF is pro
expected to d of the reimender reimbus expected to8.3 million in 2
and $500,00July 2015 the
stent with thrtment has warnings grownd in the fou
y 3.1% from 2. Last year, t
and expendiments to provied and affirm
an the budgeom budget is y higher as co
4.2 million fon 1.4% higheruarter forecas instead of ncreasing the vcognized in oxes for the G
budget estim at 6.7% abmate of 5.1%
n amounts by
t and 6.5% hactuals. The rojected to fin
be higher thbursements rursement. Po come in at 2014.
00 over budgereby causing
he 2015 Budgwritten off awth for the firrth quarter.
2014 due to he fees were
iture trends ide an accuramed in the 20
et estimate anattributable
ompared to th
r General Funr than last yeast is due to aet tax receiptvariance of tother expenseeneral Fund
mate by 2.8%ove last yea
%.
y an average
igher than threcently passenish the year
han budget brelated to locublic Defend$9.1 million
get. The 20g the significa
get estimate lmost all of rst time in tw
lower Board at $3.2 millio
in te 15
nd to he
nd ear an ts. he es. in
in r’s
of
he ed at
by cal er in
15 nt
of its wo
of on
o
o
Ge BudIn Maas
o
oooo
oooooo
ooo
and are eexpected
o Court feethan 2014and comp
o Other revless thanprojected
eneral Fun
dget Revisionaddition to tanagement ba revised bas
o General Fappropriamonths o$1.2 millioRefunding(R2015‐00
o Northeaso Soldiers’ ao Debarmeo IT Comm
($31,453)(R2015‐00
o Office of Co Veterans o Animal Sho Board ando County Exo IT Enterp
Operation(‐$14,000
o Fiscal Offo Developmo Medical E
expected to cto decrease b
e revenue ($14 Actual by 4prise most of
venue source 2014. The to be $4.9 m
nd Expendi
ns: the projectedegins this secse from which
Fund Subsidiations requiref 2015 are thon) (R2015‐00g debt servic0018), and tht Ohio Area‐Wand Sailors’ Mnt Review Bo
munications S (R2015‐0039056) CommunicatServices Funhelter Laundrd Care of Prisxecutive Tranprise System n (‐$105,678)0) (R2015‐011ice/Financialment/PropertExaminer/Reg
come in this yby $1.2 millio
10.1 million) 4.2%. The feethe variance
es (miscellaneMiscellaneo
million less tha
itures
d variances fction with a sh we build pro
es for Debt ed for debt she Gateway A004), the Wece subsidy ($e CommunityWide CoordinMonument ($oard ($10,000Services Neg9), IT Enterpr
4.2 million, ocurrent budgncies $7.0 mvariances in G
nce for Boardar. As of first n budget becbudget reflect. The midyeures which sh598 and $79o staff vacanmaintenance
01) ‐ The Depa638. This dement due to er cost ATT svice, and primue to an incre
General FunCounsel expet of the fee in
ed surplus of,000 for unbu,000 for unbuor vacancies s) to CCA gra
n deficit inclntion center hre is a deficit tion center (R
has a forecanse for the unsed approximly $469,000),
lion or 10.9%
nses of $2.3 m
cting 704 em
or 1.1%, aboget does not million. A brGeneral Fund
d of Elections quarter, thecause no actuts $1.1 millionear projectionould be the f98,603 respencies. The Ele of voting ma
artment of Ineficit is baseOne Commuolution. Themary rate inteease in dema
nd surplus ienses. The biencreases is les
f $131,900. Tudgeted salarudgeted salarnet of salary nts estimated
ludes a $1.8 has a personndespite the aR2014‐0267).
asted Generanbudgeted 2
mately $605,00and payroll c
% greater than
million.
mployees that
ove the curreinclude the
reak‐out of Gd expenditure
s has changede projections ual expenses n less in contn for the Spfinal expensesectively. Thlectronic Votachines.
nformation Ted on specifiunity to pay fe new Wide Aerface servicend; this amo
ncludes appennial budgess than anticip
This surplus isy/fringe for ty/fringe adjuadjustments d at $960,000
million deficnel deficit of additional $5.
al Fund payro7th pay is ap00 since the changes that
n the current
t amount to
ent budget f27th pay. TGeneral Fundes include:
d from a $154for all accouhad posted.racts, printingpecial Electios to post for te Elections ting Consulta
echnology (ITc items whicfor month to Area Networe will collectivunt will impa
proximately $t was developated.
s net of: he 27th pay stments 0.
cit in personn$1.1 million
500,000 provi
oll deficit of proximately first quarter occurred dur
t budget. The
$1.8 million
for 2015. ThThe 27th pay d expenses
4,589 deficit unts except th The projecteg, postage, ann and Primathis year; thoAdministratiotion surplus
T) General Funch will requimonth servik contracts fvely need to bact future yea
$2.2 million ped before th
nel offset bywhich includided by Coun
approximate$848,000. Thprojection during the secon
e budget defic
in salaries an
he is by
at he ed nd ary se on of
nd re ce for be ars
in he
y a es cil
ely he ue nd
cit
nd
So
R$
A20
O
D$
In
A
T$6
Social Servico College S
2015. Perepealed help famiassociatedchange an
etroactive co1 million.
uniform allo014 of $100,0
Overtime incre
uplication of1.5 million
ncrease in hea
n increase of
The second qu6.9 million du An inc
Enforc Increa
retroa The re
expen
ces avings Accouer Council Orand expenditilies sign up d with printinnd other misc
ollective barg
owance increa000
ease from the
f medical serv
alth care ben
f $600,000 fro
uarter budgeue to the follocrease in ovcement Divisiose in “other”ctive wage, loemaining incrses and incre
unt Program rdinance No. tures are winfor 529s andng and mailincellaneous co
aining increa
ase from two
e original bud
vices resultin
efits of $700,
om various op
t deficit of $9owing: ertime of $0on. ” wage estimongevity steprease of $0.3ases in hospi
‐ Expenses aO2015‐0008ding down. Td other serving of postcarst to wrap up
5
ses from 201
o to three un
dget of $1.7 m
g from the d
,000 from the
perating expe
9.7 million is
0.9 million (i
ate of $1.6 mp increases an3 million is etalization cos
are anticipate8 passed 6/9/The forecast ices related trds to all eligp the program
14 for approx
niforms for ea
million
delayed imple
e original bud
enses.
$2.8 million
includes wag
million (inclund uniform mequally the csts.
ed to be $89/15, the Colleincludes a coto college sagible familiesm.
ximately 554
ach correctio
ementation o
dget.
greater than
ges and ben
des wages anaintenance acombined inc
9,614, or 95%ege Savings Aontract for finvings. The f to let them
employees t
n officer that
of the MetroH
the first qua
efits) primar
nd benefits) mounts still ocrease in var
% below currAccount progancial educatforecast also know about
that amount
t dates back
Health contra
rter amount
rily in the La
for anticipateowed. rious operati
ent budget fgram has beetion services includes cos
t the legislati
to
to
act
of
aw
ed
ng
for en to sts ve
Ge
AttassthefinCe
Pagfift
PagoutHerevalsof
Bafoudef OBrep
Us
GeA mresplaGe
Ge(mi
* P
eneral Fun
tachment C sociated withe 0.25% salesancial stabilitnter and the
ge fourteen (teen (15).
ge fifteen (15t of the Geneealth Innovativenue, and tho back out ththe Hotel onc
cking out theurteen (14) thficit in the 20
BM and the Fporting chang
se of Gene
eneral Fund Rmajor indicatserve policy tace for many neral Fund en
eneral Fund / Hillions)
Projected 2015 endi
$0.0
$25.0
$50.0
$75.0
$100.0
$125.0
$150.0
nd Net of 0
(pages 14‐15 the 0.25% sa tax and to pty of the GenCounty Hote
(14) presents
5) removes aeral Fund Opeon, operatinghe addition ofhe debt servicce the hotel is
e 0.25% saleshat removing015 budget of
Fiscal Officer ge.
eral Fund a
Reserves tor of the couthat calls for years and w
nding availab
HHS Levy Fund
ing balance for Gen
$87.8
$33.7
24.0%
14.3%
2015 Bud
General Fund O
0.25% Sales
5) presents tales tax. The rovide a pictuneral Fund bel projects.
the General
ll of the .25%erating resultg expenses fof the Positivelce on the Cous operational
s tax depleteg the 0.25% saf $32.7 million
will present
and HHS Le
unty’s fiscal han unencum
was officially ble (unreserve
‐ Projected En
neral Fund is net of
$70.3
$31
13.3
2015 Es
Oper HHS L
s Tax
the effect onpurpose of thure of the Geefore taking i
Fund operat
% sales tax imts include theor the Globally Cleveland aunty Hotel, th and the capi
es the Generales tax “fundn and a defici
a 2016 budg
evy Fund R
health is the bered balanccodified in a ed) balance is
ding Balances
f $70.0 million in re
$43.5
1.9
19.0%
3%
t. 201
Levy GF B
6
n the Generahis exercise isneral Fund’s into account
ing projection
mpacts on thee forecasted 0l Center of Hannual paymehe revenue fritalized intere
al Fund reved” financialst of $26.2 mi
get plan that
Reserves
reserve maince of 25% of County ordinexpected to b
*
eserves on balance.
5
$$41.8 11.7%
18.3%
16 Est.
Balance % H
al Fund of bs to isolate thongoing operthe Global C
n for the reve
e General Fu0.25% sales taHealth Innovaent to the Coom the Hoteest on the deb
enues and exfrom Generallion in the 20
will address
ntained in thGeneral Funnance (O201be below the
.
$22.5
$52.2
6.1%
23.0%
2017 Est.
HHS Balance %
backing out he revenues arations. This Center for He
enues and ex
nd. The reveax, debt servtion, the addunty. In the fl and the opebt service end
xpenditures. al Fund Opera015 second q
s the operatin
he General Fund expenditur1‐0056). As o required rese
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
all revenues and expensesis being donealth Innovati
xpenses backe
enues and exice on the Glodition of the future, page ferating and cads.
Readers willating results iuarter projec
ng deficit as
und. The Coures. This poliof second querve balance
and expenss earmarked fe to ensure thon/Conventio
ed out on pag
xpenses backeobal Center f2012 Hotel tfifteen (15) wapital expens
l note on pagin an operatiction.
a result of th
unty has a funicy has been uarter 2015 thof 25%.
es for he on
ge
ed for ax will es
ge ng
he
nd in he
o
o
o
o
Theset
o For preseThis meththis year,
o The Geneeffects ofthe discusSales Tax and $22.5
o The Geneprojects. balance in
o The endinthreshold
e projected et‐asides for fu
Bond Proamount a
EconomicFund ($8 Fund and Bank proj
EconomicBank Finafor the de
Global Ceout and p
Turner Coon page 1
27th Payrobacked ou
Reserve ffund projebe funded
Reserve ffrom othe
Carryover
ntation purpohod more cle the General
eral Fund endf the .25% salssion above ideduction. T5 million in 20
eral Fund en The estimatncludes antici
ng balance in .
ending balancuture use. Th
oceeds ($20.0nticipated to
c Developmemillion), the the Schofieldect was erron
c Developmeancing ($929,ebt service at
enter Operatiresented sep
onstruction R15.
oll Reserve ($ut in 2016 and
for General Fects with a cad through fut
for General Fer sources. Th
r Obligations
oses removalarly defines tFund achieve
ing balance des tax isolation “General FThe projected017.
nding balanceted liability tipated bond p
2015 is antic
ce is net of rhe reserves o
0 million) – th fund the Hun
nt Reserve (Schofield prod project contneously accou
nt Bond Rese000). Althouthe beginnin
ing Reserve (parately on pa
Reserve ($33.0
$7.0 million) d 2017. The 2
und Transferash deficit (nure debt issu
und Advancehis includes H
($10.2 millio
l of the .25% the operationes an operatin
decreases fromon ($54.6 milund Net of .2d General Fun
e above incluo the Generaproceeds of $
cipated to be
reserves on Gn General Fu
his is the offsntington Park
($14.5 millionoject ($5 millitinue to be founted for on t
erve Appropugh project reg of each yea
($21.5 millionage (15).
0 million) – th
– covers est2015 operati
rs (net $45.7 et $17.8 milliance.
es ($20.2 millHuntington Pa
n) – estimate
7
sales tax fromns of the ageng deficit of $
m $166.5 milllion) which is25% Sales Taxnd ending ba
udes a reseral Fund is a $20 million.
19.0% of tot
General Fund nd balance ca
set to the Rek Garage proj
n) – this amoion), and the orecasted at ttwo reserve l
riation ($2.1 evenues will far. This guara
) – the entire
he amount of
imated extrang results inc
million) – theion) and Pub
lion) – the amark Garage an
e of carryover
m the Generaencies and de$26.2 million.
lion in 2014 ts backed out x” for an expalance contin
rve amount fnet $65.9 m
tal expenditu
resources anarried in the c
eserve for Geect ($20 milli
ount represen Flats East Bathe budget lelines. It is dis
million) – thfund this itemanty is renew
e amount of t
f the funds an
pay period iclude the 27th
e amount to blic Works cap
mount advannd the Euclid
r of contractu
al Fund will pepartments w
to $70.3 milliof the endin
planation of wues to decrea
for unfundedillion in 2015
res and will b
nd includes bcurrent year
eneral Fund tion).
nts three proank ($1.5 milevel in the secscussed in the
his amount ism, the Counted by the Co
the funds pur
nticipated for
in the 2015 ph pay.
be transferrepital projects
ced from thejail.
ual obligation
roduce an opwithin the Ge
on in 2015 ang balance as what is includase to $43.4
d and under5. Additiona
be below the
both legal aninclude the fo
transfer bulle
ojects, the Wlion). The Wcond quarter.e next bullet p
s reserved fory is still requunty annually
rposed for th
r this expense
projection. O
ed from the G($27.9 millio
e General Fun
s.
perating deficeneral Fund.
nd includes tha reserve. Seded in the .25million in 20
rfunded capitally, the endi
legislated 25
d discretionaollowing uses
ets. This is th
estern ReserWestern Reser. The Flats Eapoint.
r the Flats Eaired to resery.
is tax is backe
e are presente
One eleventh
General Fund on) that will n
nd to be repa
cit. In
he ee 5% 16
tal ng
5%
ary s:
he
ve ve ast
ast ve
ed
ed
is
to ot
aid
Thesouas the
HeHHbu
o
o
o
o
HeThebalfun201
o
o T
e three yearurces and usesales tax ande impacts of a
ealth and HumHS Levy Funddget. Attach
o The HHS above themillion) ofrom the the Levy Fthe need allocatingeffectiven
o The projeuses.
o Projectedmillion HH
o Most of texpenditureceipts inmillion inc
ealth and Hume resources inlance betweend. The Coun13 and then 1
The CountyFund (PA) tsecond quatime costs a
The 2014 end
T
A
B
N
H
H
O
P
outlook antes of the .25%d other tax, bany policy dec
man Services d uses projecment D (page
Levy Fund ise 10% policy of 18.3% is alsPublic AssistaFund balanceto fund HHS g Levy Fund ness.
ected HHS Le
Levy Fund uHS Levy dollar
the HHS Levyures is due tnstead of netcrease in levy
man Services n the HHS Leven limited resnty has a fund10% thereafte
has committo offset the nrter estimateand to maintaing balance f
Total Funding f
Available HHS
Balance to Exp
Net Change in
Health and H
HHS Levy Fund
HHS Levy Fund
Operating Resu
Public Assistan
ticipates a sig% Sales Tax. but assumes mcisions or rea
Levy Fund cted at $239.es 16‐17) pro
projected tolimit (after tso within theance fund aboe within the pprograms witresources w
vy uses of $2
ses are expecrs on the ADA
y Fund subsio the changet tax receipts.y expenditure
Levy Fund Revy Fund are usources and fud reserve policer. This policy
ted to use exneed to drawe assumes theain an ending or the PA fun
for HHS Progr
Levy Fund Bala
. %
HHS Levy Fun
Human Servic
Summary
d Revenue
d Uses
ult
nce Fund Offse
gnificant drawOtherwise, thmost major sllocation reso
.4 million in vides HHS Lev
o end 2015 wthe draw‐dowe policy limit ove the plannpolicy limits thth current levwill rely heav
239.4 million
cted to decreAMHS Board a
dies are on e in account The offset tes.
eserves sed to sustainund uses on mcy that calls fy was codified
xcess cash resw down on the use of at leabalance abov
nd was $52.2
rams
ance
nd Reserve
ces Levy Fund
et
8
w down in the estimate iources to remources as the
2015 are $4vy Fund deta
with an endinwn of public prescribed byned $5.0 millhrough 2016.vels of local revily on prior
n in 2015 rep
ease in 2016 and the Metr
or under budting policy ino the gross re
n service levemandated anfor an unencud in a County
sources that e Levy Fund ast $14.1 millive 10%. million.
2014
230.8$
232.4$
(1.6)$
‐$
232.4$
(1.6)$
33.7$
14.5%
d
the existing fincludes sommain flat. Thy are implem
4.4 million oil.
ng fund balanassistance fuy O2011‐005ion offset wil The 2016‐20esources. Cority driven c
present a $7.0
based on theroHealth subs
dget in 2015 which propeceipts is reco
els within critid critical proumbered balay ordinance (O
have accumudollars throuion in PA fund
2015
Budget
2
235.0$ $
235.0$ $
(9.4)$ $
9.4$ $
244.4$ $
‐$ $
33.7$ $
14.3%
fund balancee growth in mhe projectionsmented in the
r 1.8% highe
nce of $31.9 unds). The 258. If requirell be used, in 017 biennial onsistent withriteria that
0 million incr
e discontinuedsidies.
5. The majoperty tax reveognized in ot
ical human segrams is vitaance of 15% oO2011‐0058).
ulated in the ugh the 2015‐d dollars thro
2015 Q2
Est.
201
E
237.6$ $
239.4$ $
(11.2)$ $
9.4$ $
248.8$ $
(1.8)$ $
31.9$ $
13.4%
e by reservinmajor revenus will be updacurrent year
er than the 2
million whic2016 ending ed, additionaamounts necbudget proceh past practicwill be linke
rease from th
d additional f
rity of the venue is stateher expenses
ervices prograal to the mainof Levy Fund e
combined Pu‐2016 time frough 2016 to
16 Q2
Est.
2017
Est
237.7 23$
227.8 22$
4.9 $
5.0 $
232.8 23$
9.9 1$
41.8 5$
18.3% 23
g for the totue sources suated to includand beyond.
2015 approve
ch, at 13.4%, balance ($41al contributiocessary to keeess will addree, decisions fed to progra
he 2014 actu
funding of $9
ariance in leed at gross ts causing a $3
ams. Strikingntenance of thexpenditures
ublic Assistanrame. The 20pay down on
Q2
t.
37.7
27.3
4.0
6.4
33.7
10.4
52.2
3.0%
tal ch de
ed
is 1.8 ns ep ess for am
ual
9.0
vy ax 3.9
g a his in
ce 15 ne‐
Sele Theinv o
o
o
o
o
o
o
ected Spec
e funds discvestigated. Th
Casino Tax received apmillion) witquarters of revenues ar$4.7 million$13,213,647 Hospitalizat11.1%, overamendmentadditional aquarter. Th General Gainterdepartsurplus in pthe fund wa Centralizedowned spacexpenses ($deficit due settlement As of June 3General Funnewly vacatcash balanc $5.00 Roadexpenditurelocal cash mpayments mmain fundinfor the $5.0 General Obprojected to2009 Capita Tapestry Sysocial and esurplus (35.the majorit
cial Revenu
ussed belowhe fund balan
Revenue Funppropriation (h two of the2015 over t
re projected an based on t7.09.
tion Self‐Insur budget. Thet for the preappropriationhe prescriptio
as & License mental transpersonnel servas $21,743,87
Custodial Sece. The proje$544,915) moto higher bagreement w30, 2015, thend subsidy oted County‐oce is expected
d Capital Impes for capital matches (‐$2,2made for currng source is m00 Fund have
bligation Debo be less thanal Improveme
ystem of Caremotional iss.4%) is due toy of the cont
re (24A435) –sues and areo the timing otract certifica
rise and In
variances in for All Funds
– The $8.5 mron LLC $3 mld in commitriod in 2014 r than 2014. d expenses o
100) ‐ The 20ojection is $1harmacy contenses for theamendment a
01) – The proce the road care 18 vacanc
607) – This ft deficit of $1Custodial Servtenance contwith staffing e in the Custon for expensengs. The majoced by the en
26A650) – Thts ($3,514,52urrently, expeojects. As of license taxestted to capita
nd (30A900) ause the budgpart of the Sa
– Cuyahoga T also involveof encumbranation will car
9
nternal Ser
expendituresis contained
million operatimillion, Landmttee (Gatewayhave remain Through Junf $8.5 millio
015 midyear11.8 million htract ($9.0 me major medalso largely ex
ojected deficapital projectcies projected
und records 1.1 million (‐2vices Divisiontracts ($189,of long vacaodial fund waes that cannoority of spaced of the year
he projected 24 variance) penses in regarJune 30, 201s. According al projects for
‐ Debt Servicget did not reales Tax Reven
Tapestry Systed in multiplences for Clienry forward to
rvice Fund
s (greater thin attachmen
ing deficit incmark May LLCy and Landmned flat (0.4%ne 30, 2015 tn. As of Jun
r projection ihigher than thmillion for thdical plans axplains the m
cit of $3,079,ts. The deficd at midyear.
financial acti2.9%) is mos and utilities ,461). The Cant unbudgetas (‐$17,657,ot be chargee maintenanc.
surplus of $1partially balards to Capital15, the cash bto the Deparr the next thr
ce expense ineflect the savinue Bond off
tem of Care e child servinnt Services. To the followi
ds
han $1.0 milnt E (page 18)
cludes three pC $4 million amark). Actual%), however there is an unne 30, 2015,
is $85,643,72he first quarte County’s pre projecting
midyear budge
,572 (‐15.9%)cit however wAs of June 30
ivity related stly the resultexpenses ($3Custodial Serted positions,362). The med to specificce charges oc
1,285,964 minced by high Outlays are balance in thertment of Pubee to four ye
n the Generalings associatefering in Dece
serves childrng systems. The contracts ng year. As
lion), so fun).
projects whicnd Downtowl revenues fothe second qncommitted cthe actual c
27, which is ter projectionplan, which wg 3.6% higheet variance.
) is mostly thwas offset by0, 2015, the c
to maintenat of a shortfa367,590). Thrvices Divisio, contributedidyear projec agencies, succur later in t
illion (6.8%) iher expenditulagging due te fund was $blic Works thears.
l Obligation ded with the reember 2014.
ren who expeThe $2.3 miare certifiedof June 30,
nd activity w
ch have not ywn Alliance $1or the first twquarter annucash balance cash balance
$8,550,367, n because of awill require aer than at fir
he result of ay a $1.7 milliocash balance
nce of Countall in personnere is a smallon paid a lard to the deficction includesuch as space he year, so t
is due to lowures for projeto the timing $7,674,441. The cash reserv
debt accountefunding of th
erience serioillion projecte in late fall an2015, the ca
was
yet 1.5 wo ual of is
or an an rst
an on in
ty‐nel er ge cit. s a in he
wer ect of he es
is he
us ed nd sh
o
o
o
o
o
o
o
balance in tprojected ca Senior and State and Fmillion projmillion surphomes. Theamounts th(‐$8,241,19covered pri Self‐Insuran6.3%, undeJune. The projection prescription Juvenile CoCourt approthe cash ba The $2.3 mfunds, and a Children & Federal Titl(4.0%), andsurplus of $Services andof June 30,expected rreimbursemFund to the Hospitalizat22.9%, undeprojection icontract tha
Job and FamState and Feprimarily frowill carry foHowever, thby State and Western Remillion for amillion. Th
this fund is (‐ash deficit is c
Adult Servicederal revenjected surpluplus in the Oe surplus alsohat are proje7.75). Howemarily by Sta
nce Regionalr budget. Thfinancial imis $4.2 million pharmacy co
ourt (20A635)opriates this flance in this f
illion all funda deficit of $1
Family Servicle IV‐E reimbd miscellaneo$1.8 million ind Contracts, f 2015, the cevenue to c
ments, HHS Su Public Assist
tion Regular er budget. Ths $2.4 millionat was subseq
mily Servicesederal revenuom the surpluorward to thhe reader shod Federal rev
eserve Fund (a total budgete projection
‐$908,296.17covered, prim
es (24A601) ue (7.0%), chs (11%) is in OPTIONS progo includes $6ected to carrver, the readte and Federa
ization (20A1he projected apact of the on higher thontract ($4.5
) ‐ The Courtfund at its disfund is $5,763
s surplus is c1.1 million in G
ces (24A301) bursement (2ous income (n personal serfor which theash balance cover the prubsidy biannutance fund.
Insurance (6he budget sun lower than tquently paid f
s (24A501) – ue (85%), andus of Client Se next year aould note thaenue reimbu
(20D‐447) ‐ Tt in 2015 of $includes enc
7). However,marily by the a
– This fund inarges for servClient Servicgram, which 01,000 in Adry forward toer should notal revenue re
195) – The 2activity for mCity of Euclian the first million for th
t’s Title IV‐E fscretion, and t3,131.21.
aused by theGeneral Fund
– This fund in23.7%), State(.3%). The $rvices causede contract pein this fund rojected casual transfers,
68A200) ‐ Therplus is due tthe first quarfrom the Self‐
This fund ind miscellaneoervices and Cand. As of Jt the expectersements and
The 2015 orig$17.6 and proumbrances t
10
the reader sannual HHS S
ncludes revenvices revenueces for contraprovides for ministrative So 2016. As ote that the exeimbursemen
