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Maximum tax rate of $1.00 per $ 1000 in assess valuation (per RCW 52.18)
In 2009, based upon Fire District A/V, this meant $ 2,614,432 in property tax revenue
2010 preliminary estimates project tax revenues at $ 2,194,233 ($ 420,199 less than 2009)
Funding method since 1990 Only available to Fire Districts & Fire
Authorities Limits property tax rate to $ 1.00/$ 1,000 Cannot exceed 60% of operational
budget Annually set locally by Fire
Commissioners
YEAR Benefit Charge Amount
% of Operational
Budget
2002 1,648,109 41.9%
2003 2,114,393 51.8%
2004 1,955,554 43.4%
2005 2,254,105 43.8%
2006 2,585,885 46.2%
2007 2,379,618 39.5%
2008 2,630,340 41.4%
2009 1,234,764* 24.6%
8 year average 41.6%
Operational Budget Service contract with City of Renton Fire District expenses
Reserve Funding (equipment replacement; LEOFF 1 liabilities, general reserves)
Bond Payments
2009 2010 estimates
Operational Budget $ 5,020,443 $ 4,663,850
Reserve Funding $ 0 $ 0
Bond Payments $ 948,525 $ 979,000
Total Expenses $ 5,968,968 $ 5,642,850
2009 2010
Total Revenue Requirements $ 5,968,968 $ 5,642,850
Less: Revenue from Property Taxes and Misc. Sources
($ 4,034,204) ($ 3,964,133)
Remaining Revenue Requirements
$ 1,934,764 $ 1,678,717
Remaining Revenue Requirements Funded by Reserves
$ 700,000 0
Remaining Revenue Requirements Funded by Benefit Charge
$ 1,234,764 $ 1,678,717
Benefit Charge % of Operating Budget
25% 36%
2009 2010 estimates
Property Taxes $ 2,614,432 $ 2,194,233
Fire Benefit Charge $ 1,234,764 $ 1,678,717
Total funding contributed by Fire District 40 citizens $ 3,849,196 $ 3,872,950
Contract with Renton Emergency response Overhead – OT, admin, training,
maintenance….. Support services
Contract costs based upon operating one fire station with one 4-person engine company and one 2-person aid car, plus ½ cost of a BC/SO position 24 hours a day – 7 days a week – 365 days a year
Each 24 hour-a-day position (emergency response) is based upon funding for 4.3 FTE (full time employee)
6.5 positions = funding for 28 FTE
2010 estimate average cost (wage/benefit) for one Firefighter = $ 117,620
2010 estimate cost for 1 FF ‘position’ = 4.3 X $ 117,620 = $ 505,766
Based upon a 2450 square foot house and 2009 Benefit Charge apportionment, the estimated cost savings to the homeowner for a $ 505,766 reduction in the Benefit Charge (the cost of 1 firefighter position – 4.3 FTEs) would be approximately $ 64.00 for the year.