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Caroline County 2010-11 Budget 1
Caroline County 2010-11 Budget
Presentation to the Caroline County Board of Supervisors
February 23, 2010
Caroline County 2010-11 Budget 3
Still Growing, Despite the Economy 2009 population – 28,245 2008 population – 27,942 2000 Census – 22,121 2010 Census activity underway. Kickoff
was held Tuesday, February 16 at Food Lion Plaza in Bowling Green
Caroline County 2010-11 Budget 4
We’re Still Growing (cont)….. Unemployment is 9.6 percent. Only City of Fredericksburg is higher. Record number of people utilizing the
Department of Social Services.
Caroline County 2010-11 Budget 5
And Just When You Thought It Couldn’t Get Any Worse….. State has to make up a $2 Billion
shortfall. Governor Kaine proposed a “Caboose
Budget” that contains $514,842 worth of reductions for Caroline County.
The “Caboose Budget” joins with Governor McDonnell’s Budget for General Assembly consideration.
Caroline County 2010-11 Budget 6
Couldn’t Get Any Worse (cont) Recordation Taxes projected to be
down 42 percent or approximately $140,000
Reductions in reimbursements from the Comp Board for Constitutional Offices - $415,586
Reductions in Grant Reimbursements - $83,135
Caroline County 2010-11 Budget 7
Couldn’t Get Any Worse (cont.)
Reductions in Electoral Board reimbursements - $8,000
Forcing Localities to pick up costs for DMV data related to personal property - $5,000
Discussions are that reductions could be even worse than what is on the table.
Caroline County 2010-11 Budget 8
Dealing with Now and Then…. Revenue shortfall in current year’s budget
could reach $300,000 – tied to Caboose Budget.
Last year, County government reduced all budgets 15 percent, except for Public Education; Filled only necessary positions; restructured capital program; and employees took six furlough days.
Downsized employee base by six positions.
Caroline County 2010-11 Budget 9
Rebuilding Fund Balance
Good strategy from 2000-2004. Housing industry never met
projections beginning in 2005. General Fund loaned the Utility
Fund $5 million. Fund Balance has not recovered.
Caroline County 2010-11 Budget 10
County’s Debt Amount…..
$27,054,606 – General Fund $33,650,994 – Public Schools $20,723,800 – Utility Fund $ 3,281,477 – Dawn $ 6,000,000 – Revenue Anticipation Note
for cash flow. Proposed budget pays back $6,646,013 in
debt retirement.
Caroline County 2010-11 Budget 11
Uncertain County Revenue Picture…..
Collection of Permits, Fees and Licenses – Down $190,000.
Revenue from Use of Money and Property – Down $85,000.
Recovered Costs – Down $185,000.
Caroline County 2010-11 Budget 12
Uncertain Revenue Picture (cont.)…… Real property tax rate proposed to
stay the same at $0.53 x $100. Reassessment underway that costs
the County $200,000. Budget proposed on the BOS
equalizing the tax rate in line with property reappraisal.
Caroline County 2010-11 Budget 13
Uncertain Revenue Picture (cont.)……. Dominion Power project – additional
$600,000 in Public Corporation taxes. Proposed is a five percent increase in
user rates for utility customers that would generate $320,000 for the Utility Fund.
Utility Debt will continue to be paid by the General Fund.
Caroline County 2010-11 Budget 14
Increased Fixed Costs…..
Matching premium payments for employee health insurance - $121,000.
Picking up contributions to retirement and life insurance - $165,000.
Increases in General Property expenses with more buildings on line.
Caroline County 2010-11 Budget 15
Increased Fixed Costs (cont.)….. Increases to Regional Correctional
Institutions - $217,605. Proposal is $100,000 less than
requested by the institutions.
Caroline County 2010-11 Budget 16
Proposed Reductions to Meet Revenue Shortfalls…….
Decrease personnel costs through attrition, reductions in force and across-the-board salary reductions - $995,000 in savings.
This includes a reduction of 14 full-time positions.
Caroline County 2010-11 Budget 17
Proposed Reductions to Meet Revenue Shortfall (cont.)…… Across-the-board salary reductions
would include one percent for those employees making $40,000 or less; and two percent for those employees making over $40,000.
Other reductions include:1. Contributions to outside agencies -
$57,500.
Caroline County 2010-11 Budget 18
Proposed Reductions to Meet Revenue Shortfalls (cont.)…..2. Elimination of Summer Jobs
Program - $10,000 savings.3. Closing of the Cannery - $17,000
savings.4. Reduction to County Health
Department - $27,000 savings.
Caroline County 2010-11 Budget 19
Proposed Reductions to Meet Revenue Shortfalls (cont.)…..5. Reducing hours at certain Solid
Waste Convenience sites - $95,000 savings.
Caroline County 2010-11 Budget 20
Revamped Capital Program….
General Fund Projects Repairs to Knuckleboom Truck -
$60,000. Repairs to Fire Engine for Port
Royal - $60,000. Roof replacement at Public Works
Building - $13,000.
Caroline County 2010-11 Budget 21
Revamped Capital Program (cont.)……. Victory Park - $75,000.
Utility Fund Projects Rappahannock River Permitting -
$462,500. Interim Water Plan - $554,500. Expansion of Wastewater Treatment
Plant - $2 million.
Caroline County 2010-11 Budget 23
Efficiencies in Fire and Rescue…… Proposed Budget relieves volunteer
companies from using their own money to fund operations.
Some financial functions moved directly under the Chief’s supervision.
Volunteer funds directed to companies answering the most calls.
Caroline County 2010-11 Budget 24
2010-11 Budget Summary
Overall Budget - $89,188,378 – 4.3 percent more than FY 2010.
Operating Budget - $85,956,378 – 0.5 percent more than FY 2010.
General Fund Budget - $34,565,856 – 0.3 percent less than FY 2010.
Caroline County 2010-11 Budget 25
Education……
Proposed local share is $10,900,000 - $442,281 less than FY 2010.
Composite Index requires Caroline County to fund at least $10,600,000.
School Board Budget presentation scheduled for March 9.
Caroline County 2010-11 Budget 26
General Fund Transfers…..
Debt Retirement - $1,889,904 Social Services - $407,073 Public School Division - $10,900,000 Comprehensive Services Act -
$405,356 Dedicated Revenue from Personal
Property Tax - $1,574,999
Caroline County 2010-11 Budget 27
Human Resources….
Budget funds 173 full-time and 60 part-time employees. This is 13 fewer full-time positions than in FY 2010.
Proposal to establish County Attorney as an employee rather than a contracted service.
Caroline County 2010-11 Budget 28
Public Utilities…….
Operations will continue to be self-supporting with this Budget proposal.
County receives approximately $20,000 per month to provide water to Lake Caroline.
Also restored is $62,000 to provide water and sewer to VDOT rest stop on I-95.
Caroline County 2010-11 Budget 29
Conclusion
County now realizing the financial nightmare of the state and financial scenes.
Deep reductions in revenue are off-set by deep cuts in personnel and salary reductions.
Takes staffing back to near 2006-07 levels.
Caroline County 2010-11 Budget 30
Conclusion (cont.)…..
General Assembly actions will likely not make financial conditions any better, but could make them worse.
Budget proposals could be moved up before July 1 in order to make up $300,000 shortfall in this year’s Budget.
Caroline County 2010-11 Budget 31
Thanks!
To Fran Hatcher, Director of Finance, for putting the Budget document together.