item va budget presentation
DESCRIPTION
TRANSCRIPT
![Page 1: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/1.jpg)
BUDGET UPDATEFY12/13
PROJECTIONS FORFY13/14
ITEM V.A.
![Page 2: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/2.jpg)
2
3
45
6
7
Budget Process
8 1
![Page 3: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/3.jpg)
Budget Process
1Review FY12/13 Budget to
Update Revenues and Expenses
Budget Process
![Page 4: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/4.jpg)
Budget Process
2013 Preliminary Tax Roll Estimates Received in May
2Budget Process
![Page 5: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/5.jpg)
Budget Process
Review Development of the Budget with the Board in June
3Budget Process
![Page 6: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/6.jpg)
Budget Process
2013 Final Tax Roll Estimates Received at the
End of June
4Budget Process
![Page 7: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/7.jpg)
Presentation Materials and Supporting Documents will be
Provided for the July Board Meeting
5Budget Process
![Page 8: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/8.jpg)
6Certify Board Action on
Millage and Budget in July
Budget Process
![Page 9: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/9.jpg)
Budget Process
7Tentative and Final TRIM hearings in September
![Page 10: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/10.jpg)
Budget Process
8Fiscal Year Begins
October 1st
![Page 11: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/11.jpg)
Strategic Plan Objectives for the FY13/14 Budget
Initiate and fund programs in JWB’s three focus areasOne
TwoEvaluate the effectiveness
of programs to inform decision making
![Page 12: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/12.jpg)
Four
Collaborate to improve the lives of children and families
Expand organizational capacity
Continue to enhance perception of JWB as a valued community resource
Five
Three
Strategic Plan Objectives for the FY13/14 Budget
![Page 13: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/13.jpg)
Reduce IGT Projections
Reduce Interest IncomeFrom $12m
to $5.2m
From $150kto $58k
FY 12/13 Actions
![Page 14: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/14.jpg)
IGTs
$3.5m$5.2m
2011
/12
2012
/13
![Page 15: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/15.jpg)
Income Interest
$1m
$58k
2006
2012
/13
![Page 16: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/16.jpg)
Budget ProcessGuiding Principles
Budget Reflects the Newly Adopted Strategic Plan
No Ad Valorem Increase to the Budget
The Program Stability Fund will be used through 15/16 to Reduce the Budget Gap
Gap between Revenues and Expenditures without the Program Stability Fund is $4.7m
![Page 17: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/17.jpg)
Structure and Distribution of the
BudgetN N
Revenues
Expenses
N
N
A
B
C
About the
BudgetD
Headline & Economic Indicators
Appendix
E
![Page 18: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/18.jpg)
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
5 Year Budget History
12/1311/1210/1109/10
$64.5m $63m
$56m
$70m$68m
13/14
Note: Slight
millage increase
to extend
Program Stability
Fund through FY15-16
![Page 19: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/19.jpg)
Property Valuation
*Final taxable property value is due July 1st
*Current Estimated Increase
$1.39m
2.98%
![Page 20: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/20.jpg)
Millage Rate Comparisons
10,000,000,000
24,000,000,000
38,000,000,000
52,000,000,000
66,000,000,000
80,000,000,000
13/1412/1311/1210/1109/1008/0907/0806/0705/0604/05
Property Value Millage Rate
.8117
.7384
.8981
.7963
.8337
.8981
.7915 .7915 .7915
.8117
![Page 21: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/21.jpg)
Ad Valorem Revenue
30,000,000
36,000,000
42,000,000
48,000,000
54,000,000
60,000,000
13/1412/1311/1210/1109/1008/0907/0806/0705/0604/05
96% of Property Tax Revenue
$58m
$44.6m
$48m
![Page 22: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/22.jpg)
Summary of Major Impacts to Program Expenses
Quality Child Care Investment
Increasing
$2.5m
Safety Net Slots Decreasing$5.7m
$2.7m
$7.4m
![Page 23: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/23.jpg)
Summer Learning
PartnershipUnited
Methodist
Quality Early Learning
New Initiatives
Capital Outlay
$2.5m $2.1m
$1m$1.8m
![Page 24: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/24.jpg)
10,000
1,632,500
3,255,000
4,877,500
6,500,000
Increase for Merit/COLA+ $18k
+$100k Technology
Communications
Required Retirement Contribution
Summary of Impacts to Administration Expenses
+$100k
$5.7m
$6.3m
12/13 13/14
+$36k
![Page 25: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/25.jpg)
10,000
605,000
1,200,000
Tax Administration Fees, ASO, Annual/Sick Leave
Reserve
Annual / Sick LeaveASOTax Administration Fees
12/13 13/14
$1m$1.1m
$510k $518k
$62k$22k
![Page 26: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/26.jpg)
Program Supports
TechnologyProgram Communication
PerformanceMeasurement
12/13 13/14
100,000
450,000
800,000
$307k$257k
$200k $200k
$340k
$703k
![Page 27: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/27.jpg)
Program Supports
$307k
TechnologyProgram Communication
PerformanceMeasurement
12/13 13/14
$307k$257k
$200k $200k
$340k
$703kIncreases to Technology Budget:• Implementation of One-E-App countywide• Desktops, Servers and Application Support• Business Intelligence Roambi Reporting• Expansion of Biometrics Palm Scanning
![Page 28: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/28.jpg)
0
375,000
750,000
Grants, Donations and Targeted Case Management
County Research FundingGrants
12/13 13/14
$682k
$200k
$720k
$200k
$130k $130k $150k
$69k
Rev Max Miscellaneous
![Page 29: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/29.jpg)
Stable and Nurturing
Family Services Initiative
Mental Health
Healthy Families &Nurse Family Partnership
13/14
1,000,000
2,500,000
4,000,000
5,500,000
7,000,000
Safety Net Childcare
Other
$6.1m
$5m
$2.6m
$4.3m
$3.4m
![Page 30: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/30.jpg)
Safe & Supportiveand Health
SheltersNeighborhood Family Centers
13/14
500,000
1,625,000
2,750,000
3,875,000
5,000,000
Clinics
$5m
$772k $675k
![Page 31: Item va budget presentation](https://reader034.vdocuments.us/reader034/viewer/2022051109/547ca2f3b379593f2b8b5086/html5/thumbnails/31.jpg)
Learn and Succeed
LiteracyDevelopmental Delay
13/14
300,000
1,740,000
3,180,000
4,620,000
6,060,000
7,500,000
Quality Early Learning
Licensing Other OST
$1.8m$564k $305k
$7m
$2.2m
$5.3m