Bexar County Budget DepartmentAugust 9, 2011

Budget UpdateFY 2011-12

April Long Range Forecast

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FY 2010-11 Recap

April 2011—Budget presented an outline of targeted cuts needed to balance budget through forecast period, while maintaining County capacity for service delivery and employee compensation

$2 M (annualized) mid-year savings from May Freeze

$5M from Attrition/Vacancy Program

$5M from targeted cuts in FY 2011-12 Budget

$5 M for Return on Investment (ROI) from use of Technology to be realized by FY 2012-13

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Revenue Update

FY 2010-11 April Estimated Revenues: $319,626,152

FY 2010-11 July Estimated Revenue: $321,241,328

Difference: $1,615,176

FY 2011-12 April Projected Revenues: $316,203,191

FY 2011-12 July Projected Revenue: $314,691,230

Difference: ($1,511,961)4

Revenues FY 2011-12

Compared to April Projections:

•Ad Valorem Tax revenues remain flat

•April 2011 tax roll estimated a 2% loss compared to previous year, however the Certified tax roll received July 2011 remains flat compared to previous year.

•Although appraisals on existing properties declined 2%, New Construction largely offset this loss.

•Over $2 Billion still under appeal

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Other Revenues

However, this increase in tax revenue was offset in decreases in other revenues:•Geo Contract $2.9M lower for FY 2010-11 and FY 2011-12 combined (fewer Federal Inmates)•Mixed Beverage Tax- $1.25M lower (State Budget cuts)•Intergovernmental Revenue- $1.04M lower (State and Federal cuts)•Sales, Refunds and Miscellaneous -$1.5M lower•(Sale of Milagros Building, one-time revenue)

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Expenditures

In April the estimated expenditures for FY 2011-12 were $320,842,700.

Budget (with attrition/vacancy plans) is $325,570,670. Therefore approximately $5M in additional savings is needed to reach the target as presented in the April update.

Areas to gain efficiency may include:• Staffing of Court System• Cost savings from lower inmate population• Reorganization of departments under County Manager

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Expenditures

Criminal Justice comprises 69% of the County’s total General Fund Expenditures• This includes Adult and Juvenile Justice and Detention

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Forecast

FY 2010-11 FY 2011-12 FY 2012-13

Beginning Balance $54,710,239 $55,122,620 $49,246,250

Revenues $321,241,328 $314,691,230 $319,534,269

Available Funds $375,951,567 $369,813,850 $368,780,519

Expenditures $320,832,017 $320,570,670 $317,854,509 Appropriated Fund Balance $55,122,620 $49,246,250 $50,926,010

Recurring Revenue v Recurring Expenditures ($5,879,440) $1,679,760

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Reminder

Other Expenses that must be addressed:

• Increases in Healthcare cost (12% per year)

• FY 2011-12 Retirement and Unemployment is increasing $1.3M • Continued declines in stock market could

cause Retirement expenses to further increase

• Service Delivery 10