FY 2014 Proposed Budget

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FY 2014 Proposed Budget August 27, 2013

COBB COUNTY FINANCE DEPARTMENT

PRESENTED BY : JAMES PEHRSON, PEHRSON CPA DIRECTOR/COMPTROLLER

FY 2014 BUDGET SCHEDULE y JJournal Advertise in the Marietta Daily ~August 27, 2013 Public Hearing ~September 3, 2013 (2:00pm) Adoption ~September S t b 10, 10 2013

2

FY 2014 PERSONNEL RECOMMENDATIONS New Full-time Positions  (2) Assistant District Attorney  (Delete

Part-time Attorney)

 Wellness

Coordinator  Business Manager  Program g Specialist p

Reclassifications  Criminal  (Delete

 Internal  (Pay

Investigator Judicial Admin. Specialist)

Audit Manager g

Grade Adjustment) 3

GENERAL FUND General G l Fund F d

FY13 Adopted

FY14 Proposed

% Change

$321,824,870 $321 824 870

$326,302,697 $326 302 697

1.39% 1 39%

The General Fund  Primary

operating fund of the County  Used to account for all financial resources of the government except for those required to be accounted for in another fund.  Property taxes account for 55% of revenues

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TAX DIGEST HISTORY Tax Digest in Billions 35 34

33.76

33 32

31.43

31 30

29.71

29

29.00

28.81

28.81

28 27 26 2009

2010

2011

2012

2013

2014

5

MILLAGE RATE – A MULTIPLIER General Fund Digest * Fiscal Year

Total

Net

2008

33.82

27.60

2009

33.76

27.64

2010

31.43

2011

Net Digest

Multiplier

Change

Millage

Change in Net Levy Net Levy (100%)

From 2008

6.82

188,232,000

0.14%

6.82

188,504,800

272,800

26.02

-5.86%

6.82

177,456,400

(10,775,600)

29.71

25.03

-3.80%

6.82

170,704,600

(17,527,400)

2012

29.00

24.81

-0.88%

7.72

191,533,200

3,301,200

2013

28.81

24.72

-0.36%

7.52

185,894,400

( (2,337,600) )

2014

28.81

24.72

0.00%

7.32

180,950,400

(7,281,600) (34,348,200)

* - Billi Billions

6

GENERAL FUND REVENUES General Fund Property Taxes Penalties & Interest Other Taxes Licenses and Permits Intergovernmental Revenues Charges for Services Fines and Forfeitures Miscellaneous Revenue Other Financing Sources Transfers Total General Fund

FY13 Adopted $ 190,261,776 $ 4,648,000 $ 33,890,000 $ 20,109,999 $ 3,908,999 $ 35,397,775 $ 9,291,001 $ 2,362,016 $ 321,996 $ 21,633,308 $ 321,824,870

FY14 Proposed $ 178,145,784.00 $ 4,561,800.00 $ 49,501,709.00 $ 21,303,000.00 $ 3,664,000.00 $ 36,958,136.00 $ 9,479,998.00 $ 3,036,015.00 $ 451,816.00 $ 19,200,439.00 $ 326,302,697.00

% Change

-6.37% 6.37% -1.85% 46.07% 5.93% -6.27% 4.41% 2.03% 28.53% 40.32% -11.25% 11.25% 1.39%

7

GENERAL FUND EXPENDITURES General Fund Personnel Services

FY13 Adopted

FY14 Proposed

% Change

$230,583,414

$232,636,233

0.89%

$69,314,319

$70,831,534

2.19%

$1,500,000

$1,500,000

0.00%

$382,905

$327,222

-14.54%

Transfers Out

$17,562,527

$14,157,915

-19.39%

Contingency

$2,481,705

$6,849,793

176.01%

$321,824,870

$326,302,697

1.39%

Operating Capital Debt Service

Total

8

CLAIMS FUNDS FY13 Adopted Claims Fund

FY14 Proposed

$80,192,684

$74,944,691

% Change -6.54%

Claims Funds:  Medical

& Dental  Risk Management  Workers Compensation

9

DEBT SERVICE FUND FY13 Adopted Debt D b Service S i

FY14 Proposed

$9,131,658 $9 131 658

% Change

$9,082,191 $9 082 191

-0.54% 0 54%

Debt Service Payments 10,000,000 9,000,000 8,000,000 7 000 000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 2014

2015

2016

2017

2018

10

E911 FUND FY13 Adopted E911 Fund

FY14 Proposed

$10,310,856

$10,438,945

% Change 1.24%

Pi Primary Revenue R S Source  $1.25

per land line/month  $1.25 per wireless/month

11

FIRE DISTRICT FUND FY13 Adopted Fire District Fund

$70,334,584

FY14 Proposed $70,463,235

% Change 0.18%

 Property

Taxes fund 96.7% of this fund  Personnel Cost account for 84 84.7% 7% of this fund fund’ss operating budget

12

HOTEL MOTEL TAX FUND FY13 Adopted Hotel Motel Tax Fund

$9,800,000 $9 800 000

FY14 Proposed $11,222,392 $11 222 392

% Change 14.51% 14 51%

8% Lodging Tax   

62.5% 62 5% off Revenues R fund f d Galleria G ll i Bonds B d 37.5% pledged for funding Performing Arts Center Bonds Any y remaining g funds used for funding g travel & tourism type yp activities Performing Arts Center Bonds 4,800,000.00 4,600,000.00 4 400 000 00 4,400,000.00 4,200,000.00 4,000,000.00 3,800,000.00 3,600,000.00 3,400,000.00 3,200,000.00 3,000,000.00 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

13

LAW LIBRARY Law Library 

FY13 Adopted

FY14 Proposed

$601,664

$594,313

% Change -1.22%

Primary funding source - $5 civil filing fees

14

PARKING DECK FUND FY13 Adopted Parking P ki Deck D k Fund F d

$772,520 $772 520

FY14 Proposed $868,037 $868 037

% Change 12.36% 12 36%

Two Parking Decks  191 L Lawrence Street S  115 Waddell Street

Funding g Source  Employees  Public Expenditures p  Operations – $213k  Debt Service on New Deck – $655k

15

STREET LIGHT DISTRICT FUND Street Light District Fund



FY13 Adopted

FY14 Proposed

$4,328,696

$5,161,172

% Change 19.23%

P Primary f d funding source - $3.50/month $3 50/ h per street light l h

16

GOLF COURSE FY13 Adopted Golf Course Fund

$1,799,000

FY14 Proposed $1,835,117

% Change 2.01%

General Fund Loan - Outstanding Balance Prior Year Balance $4,069,609 FY 13 reduction ($337,500) Current Year Balance $3,732,109

17

SOLID WASTE FUND Solid Waste Fund

FY13 Adopted

FY14 Proposed

$3,065,249

$1,155,623

% Change -62.30%

Expense reduction:  Debt Service on Composting Facility will be paid with FY 2013 fund balance

18

TRANSIT FUND FY13 Adopted Transit Fund

FY14 Proposed

$18,039,005

$18,805,089

% Change 4.25%

Transit Fund Revenues for FY 14: + Passenger Fares/Breeze Card + FTA/GDOT Grants + Advertising + General Fund Subsidy

$ 6,350,322 $ 2,653,260 $ 207,920 $ 9,593,587

19

WATER FUND Water Fund

FY13 Adopted

FY14 Proposed

$206,622,446

$213,207,749

% Change 3.19%

E Expense increase: i 

Water Purchases: Increased $4.5 million (78% of Inc.)

20

FY 2014 PROPOSED OPERATING BUDGET Operating Budgets: Governmental Fund Types General Fund

FY13 Adopted

FY14 Proposed

% Change

$321,824,870 $80,192,684

$326,302,697 $74,944,691

1.39% -6.54%

$633,723

$570,351

-10.00%

$9,131,658

$9,082,191

-0.54%

E911

$10 310 856 $10,310,856

$10 438 945 $10,438,945

1 24% 1.24%

Fire

$70,334,584

$70,463,235

0.18%

$9,800,000

$11,222,392

14.51%

Law Library

$601,664

$594,313

-1.22%

Parking Deck

$772,520

$868,037

12.36%

$4,328,696 $507,931,255

$5,161,172 $509,648,024

19.23% 0.34%

Golf Course

$1,799,000

$1,835,117

2.01%

Solid Waste

$3,065,249

$1,155,623

-62.30%

$18,039,005

$18,805,089

4.25%

$206,622,446 $206 622 446 $229,525,700

$213,207,749 $213 207 749 $235,003,578

3.19% 3 19% 2.39%

$737,456,955

$744,651,602

0.98%

Claims CSBG Debt Service

Hotel/Motel Tax

Street Light District Subtotal Business-type Business type Funds

Transit Water W t Subtotal Total Operating Funds

21

CAPITAL BUDGETS FY13 Adopted

FY14 Proposed % Change

Capital Funds 800 MHz Radio System

$1,111,965

$1,111,965

0.00%

Capital Projects

$4,453,259

$2,155,994

-51.59%

Water RE&I

$47 061 240 $47,061,240

$50 072 908 $50,072,908

6 40% 6.40%

Water System Dev Fee

$25,641,732

$18,723,928

-26.98%

$ $78,268,196

$ $72,064,795

-7.93%

Total Capital Funds

22

FY 2014 BUDGET SCHEDULE y JJournal Advertise in the Marietta Daily ~August 27, 2013 Public Hearing ~September 3, 2013 Adoption ~September S t b 10, 10 2013

23

QUESTIONS

24

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