Walworth County 2011 Preliminary Budget Planning for the future

Walworth CountyWalworth County2011 Preliminary 2011 Preliminary

BudgetBudgetPlanning for the future

The BudgetThe Budget

is a legal documentis a legal document

insures fiscal controlinsures fiscal control

is a planning toolis a planning tool

Property Tax BillProperty Tax Bill

School district(s)School district(s)

County of WalworthCounty of Walworth City, town or villageCity, town or village

Gateway Technical CollegeGateway Technical College

State of WisconsinState of Wisconsin

Special taxing districtsSpecial taxing districts

County TaxCounty Tax

Library LevyLibrary Levy

Debt Service LevyDebt Service Levy

Children with Disabilities Children with Disabilities Education Board (CDEB) LevyEducation Board (CDEB) Levy

Other Operating LevyOther Operating Levy

Library LevyLibrary Levy

20102010 $1,403,57$1,403,5766

20112011 $1,462,04$1,462,0400

ChangChangee

$58,464$58,464 +4.17%+4.17%

Wisconsin Statue 43.64(1) provides for the Library tax levy.

Debt ServiceDebt Service

Wisconsin Statute 67.03(1) limits the amount of debt that can be issued by a County to 5% of the

equalized value of taxable property.

General General

Debt LevyDebt LevyLHCC/CDEB LHCC/CDEB

Debt LevyDebt LevyRequired Required

PaymentsPayments

20102010 $5,190,603$5,190,603 $1,947,993$1,947,993 $8,818,389$8,818,389

20112011 $4,177,192$4,177,192 $1,900,111$1,900,111 $7,169,363$7,169,363

ChangChangee

($1,013,411($1,013,411))

$47,882$47,882 ($1,649,02($1,649,026)6)

%% (19.52%)(19.52%) (2.46%)(2.46%) (18.70%)(18.70%)

Debt ProjectionDebt Projection

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 CDEB LHCC Roads Other New Borrowings

Future Bonded Capital Future Bonded Capital ProjectsProjects

Estimated Estimated CostCost

2011 Road Construction2011 Road Construction $8,000,000$8,000,000


2014 Jail Expansion2014 Jail Expansion $9,500,000$9,500,000


Future Goal: Continue to look for ways to reduce the need to borrow.

Children with Disabilities Children with Disabilities Education Board (CDEB) Education Board (CDEB)

LevyLevy20102010 $8,557,432$8,557,432

20112011 $8,500,312$8,500,312

ChangeChange ($57,120)($57,120) (0.67%)(0.67%)

• CDEB is not a uniform tax

Other OperatingOther Operating

20102010 $43,936,256$43,936,256

20112011 $46,651,081$46,651,081

ChangeChange $2,717,825$2,717,825 +6.18%+6.18%

• The balance of county departments

2011 Preliminary 2011 Preliminary BudgetBudget

2010 2010

Tax LevyTax LevyAverage Average

Mill RateMill Rate2011 2011

Tax LevyTax LevyAverage Average

Mill RateMill Rate

LibraryLibrary $1,403,576$1,403,576$0.09364$0.09364

22 $1,462,040$1,462,040$0.10117$0.10117

99

Debt ServiceDebt Service $5,190,603$5,190,603$0.34630$0.34630

22 $4,177,192$4,177,192$0.28907$0.28907

77

CDEBCDEB $8,557,432$8,557,432$0.58576$0.58576

22 $8,500,312$8,500,312$0.58825$0.58825

33

OperatingOperating$43,936,25$43,936,25

66$2.93129$2.93129

77$46,651,08$46,651,08

11$3.22842$3.22842

99

Total Tax LevyTotal Tax Levy$59,087,86$59,087,86

77$3.95700$3.95700

33$60,790,62$60,790,62

55$4.20693$4.20693

88

Equalized ValuesEqualized Values

$0

$2

$4

$6

$8

$10

$12

$14

$16

$18

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Tax Incremental Financing Districts Equalized ValueEqualized value without TID

Calculating the TaxCalculating the Tax

$150,000 house (assuming 100% $150,000 house (assuming 100% assessment ratio):assessment ratio):

1. (150,000 / 1,000) = 1501. (150,000 / 1,000) = 150

2. 150 * 4.206938 = 6312. 150 * 4.206938 = 631

$631 Walworth County taxes$631 Walworth County taxes

1992 Operating Mill Rate 1992 Operating Mill Rate CapCap

Wisconsin State Statute 59.605 imposes an Wisconsin State Statute 59.605 imposes an operating levy rate limit on counties. The operating levy rate limit on counties. The operating tax levy rate may not exceed the operating tax levy rate may not exceed the 1992 rate. This limit excludes library, debt 1992 rate. This limit excludes library, debt service and the CDEB tax levies.service and the CDEB tax levies.

1992 Operating mill rate1992 Operating mill rate 3.846215 3.846215 2010 Operating mill rate2010 Operating mill rate 3.231416 3.231416 Under the cap (0.614799) or Under the cap (0.614799) or

($8,883,896)($8,883,896)

2005 State Levy Limits 2005 State Levy Limits (as amended in 2009)(as amended in 2009)

Limit excludes CDEB, library aid, and Limit excludes CDEB, library aid, and increases in debt service paymentsincreases in debt service payments

Limit allows for carry forward of unused 2007 Limit allows for carry forward of unused 2007 levy (2008 purposes).levy (2008 purposes).

Under limit by $3,657,882Under limit by $3,657,882

The increase may not exceed the The increase may not exceed the greater of 3% plus terminated TID (0) greater of 3% plus terminated TID (0) or the increase in net new construction or the increase in net new construction (0.091%) plus terminated TID (0).(0.091%) plus terminated TID (0).

Self-Imposed LimitSelf-Imposed Limit

The Walworth County Board established a goal The Walworth County Board established a goal limiting growth in the tax levy:limiting growth in the tax levy:

Calculated levy goalCalculated levy goal4.59%4.59%Self-imposed recommendationSelf-imposed recommendation 2.89%2.89%2010 levy increase2010 levy increase 2.88%2.88%Under calculated goal (1.64%) or ($1,011,739)Under calculated goal (1.64%) or ($1,011,739)Under recommended goal (.008%) or ($4,881)Under recommended goal (.008%) or ($4,881)

2011 Preliminary 2011 Preliminary ExpendituresExpenditures

Other Financing

Uses6%

Purchased Services

13%

Other Operating

25%

Wages & Benefits

49%

Capital/Cost Acctg

7%

Wages & Benefits – Wages & Benefits – 49%49%

$0

$10

$20

$30

$40

$50

$60

$70

$80

2007 2008 2009 2010 2011

Mill

ions

Full-time Equivalents Full-time Equivalents (FTE)(FTE)

1,054.901,032.81 1,020.24

971.56 936.86914.96

888.20871.62 846.77

826.90

500

600

700

800

900

1,000

1,100

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Wage/Benefit ComparisonWage/Benefit ComparisonWages

Benefits

$40

$41

$42

$43

$44

$45

$46

$47

$48

$49

2005 2006 2007 2008 2009 2010 2011$18

$20

$22

$24

$26

$28

$30

$32

$34

Wages Benefits Benefits without OPEB

Other Post Employment Benefits Other Post Employment Benefits (OPEB)(OPEB)

$0

$2

$4

$6

$8

$10

$12

$14

$16

2005 2006 2007 2008 2009 2010(proj)

2011 (est)

Mill

ions

Value of Assets Net OPEB Obligation

OPEB Liability by CategoryOPEB Liability by Category

$0

$1

$2

$3

$4

$5

$6

$7

CDEB Public Works LHCC Sworn Other

Mill

ions

Funded & Required Unfunded & Required Prior Service

2011 Preliminary Revenues2011 Preliminary Revenues

Equity2.2%

Program Income14.1%

Interdept Rev14.6%

Other Financing6.8%

Taxes5.8%

Federal/State Aid15.5%

Unrestricted EquityUnrestricted Equity

2009 Actual 2009 Actual % of % of

RevenueRevenuess

AvailableAvailable 2011 2011 Add/(Use)Add/(Use)

General General FundFund

$19,188,27$19,188,279*9* 24.41%24.41%

$ $ 3,468,6553,468,655 ($773,800)($773,800)

CDEBCDEB $1,294,186$1,294,186 18.76%18.76% $ -$ - ($20,000)($20,000)

Public WorksPublic Works$1,008,040$1,008,040

** 16.61%16.61% $ -$ -

($19,425)($19,425)

LHCCLHCC $5,556,134$5,556,134 56.0%56.0%$ $

3,571,7433,571,743($1,210,736($1,210,736

))

County Ordinance states target reserves should be County Ordinance states target reserves should be between 15-20% of allowable revenuesbetween 15-20% of allowable revenues

* Less the approved usage of funds in 2010.

Insurance Unrestricted Insurance Unrestricted EquityEquity

2009 2009 ActualActual

Upper Upper RangeRange AvailableAvailable 2011 2011

Add/(Use)Add/(Use)

Health InsHealth Ins$6,634,23$6,634,23

66$5,192,01$5,192,01

99$1,442,2$1,442,2

1717 ($645,271)($645,271)

Dental InsDental Ins $252,101$252,101 $235,265$235,265 $16,836$16,836 $9,656$9,656

Work Work CompComp $648,085$648,085 $276,863$276,863 $371,222$371,222 ($145,200)($145,200)

Risk Risk MgmtMgmt*

$4,482,98$4,482,9888

$4,000,00$4,000,0000 $482,988$482,988 ($379,905) ($379,905)

County Ordinance states Health, Dental and County Ordinance states Health, Dental and Workers Comp reserves should be a minimum Workers Comp reserves should be a minimum of 3 to 4 months of prior years average claimsof 3 to 4 months of prior years average claims

* Target Risk Management reserve is $4,000,000

Saving for the FutureSaving for the Future

Road ConstructionRoad Construction

Required severance benefits/payoutsRequired severance benefits/payouts

Election equipmentElection equipment

ParksParks

Appropriation AllocationAppropriation Allocation

Public Works9%

All Other Depts4%

Sheriff41%

Health & Human Services

19%

Children w/ Dis Ed Board

14% Debt Service

7%

Lakeland Health Care Center 6%

CDEB Budget FactorsCDEB Budget Factors

Full Time Equivalent PositionsFull Time Equivalent Positions 2006 – 196.89 FTEs2006 – 196.89 FTEs 2011 – 118.22 FTEs2011 – 118.22 FTEs

Change of 78.67 positions

State Aid ($390,000)State Aid ($390,000) Payroll Costs ($467,000)Payroll Costs ($467,000)

Dept of Public WorksDept of Public Works

Central Services, Facilities, HighwayCentral Services, Facilities, Highway $136,000 decrease in Highway state aid $136,000 decrease in Highway state aid

and state reimbursements and state reimbursements $163,000 increase in employee payouts$163,000 increase in employee payouts $123,000 increase in depreciation$123,000 increase in depreciation

Lakeland Health Care Lakeland Health Care Center Center

10 Year Plan10 Year Plan

$0

$1

$2

$3

$4

$5

$6

$7

$8

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Mill

ions

Reserved Balances Property Tax

Insurance FundsInsurance Funds

• Health Insurance:Health Insurance: Cost savings via third party Cost savings via third party

vendorsvendors Claims expense downClaims expense down Employee wellness initiatives Employee wellness initiatives Overall health of Overall health of

employees/spousesemployees/spouses Federal healthcare reform planFederal healthcare reform plan 0% increase for 2011 premiums0% increase for 2011 premiums

• Risk Management Insurance:Risk Management Insurance: New safety coordinator New safety coordinator

Tax Levy – 40.9% Tax Levy – 40.9% $60,790,625 $60,790,625

Balanced budgetBalanced budget The tax levy is the difference between the The tax levy is the difference between the

expenditures and all other revenues.expenditures and all other revenues.

$0

$10

$20

$30

$40

$50

$60

$70

2007 2008 2009 2010 2011

Mill

ions

Historical Tax Levy Historical Tax Levy IncreasesIncreases

4.60%

2.89%

4.50%

6.18%

4.81% 4.88%

2.88%

7.59%

10.05%

5.68%

0%

2%

4%

6%

8%

10%

12%

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

2010 change in levy ranked 46th of 72 counties2010 change in levy ranked 46th of 72 counties

Historical Average Mill Historical Average Mill RatesRates

$2.00

$2.50

$3.00

$3.50

$4.00

$4.50

$5.00

$5.50

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Out of 72 Counties, Walworth County:Out of 72 Counties, Walworth County: Ranked 54th for 2010 mill rate ($3.94) compared to avg Ranked 54th for 2010 mill rate ($3.94) compared to avg

($4.76)($4.76) Ranked 53rd for change in mill ratesRanked 53rd for change in mill rates

The 2011 Walworth County Preliminary Budget is available for

review in the County Clerk & Finance offices and on the

County’s website.

www.co.walworth.wi.us

Documents

Walworth County 2011 Preliminary Budget Planning for the future