2010 tax budgetfinal

Geauga County GovernmentGeauga County Government

2010 Tax Budget2010 Tax Budget

Tax Budget Hearing

June 25, 2009

Growing Geauga Greener

Economically and Environmentally



Tax Budget Objectives:



- Planning tool

- Conservative Estimate

- Final Appropriation Variable

- Demonstration of Need

Geauga County GovernmentGeauga County Government2010 Tax Budget2010 Tax Budget

Total 2010 Tax Budget - $103.4M



General Fund Budget - $28.3M

General Fund Requests - $29.1M


2010 Resource Estimate down $3.6M, based on conservative estimates

(Compared to current 2009 certified revenue)

$ 1,500,025.00 Shift, Debt Reduction to Operating

$ (3,643,432.00)Net Change In Resources

$ (168,319.00)Misc adjustments (net)

$ (1,250,000.00)Prisoner Housing Revenue

$ (500,000.00)Investment Income

$ (500,000.00)Sales Tax Revenue

$ (2,725,138.00)Carryforward Balance down by




Prior Available Resources

•A portion of 2009 revenue (up to $1.5M) may be decertified

$ 27,586,632 $ 31,230,064* $ 33,055,983 $ 34,042,420 Total Receipts+ Balance

$ 25,586,632 $ 26,504,926* $ 28,363,472 $ 29,902,766 CY Revenue

$ 2,000,000** $ 4,725,138 $ 4,692,511 $ 4,139,654 Carryover balance

2010200920082007

EstimatedUnencumbered

EstimatedUnencumbered

Actual(Cash)

Actual (Cash)

** For budget purposes, a minimum carryover balance of 2M is assumed




G.F. Operating Expenses: $28.3M

Reduction, Net of Transfers: ($606K) (2009 tax budget vs. 2010 tax budget)

Major Overall Factors affecting expense: Hospitalization estimated increase: 15%

No wage increases budgeted within the General Fund

Payroll amounts reduced due to one less payroll period in 2010

Result: Tax Budget DEFICIT of $738K

Geauga County GovernmentGeauga County Government2010 Tax Budget2010 Tax BudgetG.F. Operating Expenses: $28.3M (includes budgeted transfers out)

Decrease Net of Transfers: ($606K)

(2009 tax budget vs. 2010 tax budget) (-2.51%)

$ (606,006)Decrease net of transfers

$ 28,994 Misc factors increasing expenses

$ 280,000 Hospitalization - 15%

Increases:

$ (58,000)Law Library

$ (93,000)Sheriff - supplies

$ (232,000)Sheriff - vehicles

$ (72,000)GF Workers Comp - chargeback

$ (460,000)(1) less payroll period in 2009

Decreases:

Geauga County GovernmentGeauga County Government2010 Tax Budget

General Fund Operating* Expenses by Category –Comparison is between 2009 Tax Budget (not actual) and 2010

Tax Budget (* not including transfers out)

2009 2010

Legislative & Executive $ 8,342,769 $ 8,342,757

Judicial $ 3,116,364 $ 3,080,363

Public Safety $10,752,407 $10,153,370

Public Works $ 179,500 $ 158,810

Health $ 313,249 $ 314,409

Human Services $ 470,884 $ 460,579

Conservation / Recreation $ 507,543 $ 535,389

Miscellaneous $ 1,047,055 $ 1,077,988

Total $ 24,729,671 $24,123,665

Geauga County GovernmentGeauga County Government2010 Tax Budget

General Fund Operating Expenses by Category

Miscellaneous4%

Conservation / Recreation

2%

Public Safety42%

Judicial13%

Legislative & Executive

35%

Human Services2%Health

1%

Public Works1%


Carryover

required

Current Tax Budget requirement $28,325,005$2,738,373*

Priority items not funded:

Local Revolving Loan Contribution $ 200,000

Sheriff vehicles $ 232,000

Priority items not funded $ 432,000

Total requirement to balance the budget: $28,757,005 $3,170,373

Why holding 2009 expenditures in line is important!

Therefore, all departments are being requested to spend no more than 90% of their 2009 appropriations, overall; this will provide $2.9M of the

$3.2M required, as illustrated above.

* Initial carryover required to balance the 2010 budget is the $2M assumed in the budget, plus the $738K deficit shown in this tax budget



Overall Goals:

Maximize 2009 General Fund carryover

Fund overall budget levels at or below 2009 levels where possible.

Limit new initiatives to those which show an immediate return on investment and clear added value to Geauga taxpayers.





Questions?



2010 tax budgetfinal

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