nw fall 2011 presentation 10042011.ppt
TRANSCRIPT
Fall 2011
County Update Meeting
Treasurer’s Report
Brad Slagh, Ottawa County Treasurer
Treasurer of Ottawa County Bradley J. Slagh
Fall 2011
Bank Failures
Year
No. of Failed Banks
Total Assets of Failed Banks
Loss to FDIC's DIF
2007 3 $2,602,500,000 $113,000,000 2008 25 $373,588,780,000 $15,708,200,000 2009 140 $170,867,000,000 $36,432,500,000 2010 157 $96,514,000,000 $22,355,300,000 2011 71 $29,830,800,000 $5,823,400,000 Total 396 $673,403,080,000 $80,432,400,000
FDIC Bank Failures
Bank Ratings Ambassador Bauer
Financial Bankrate
Rating in Star
Financial Star Composite
Institution Name Average AssetsRecieved
TARP Strength Rating Rate
Bank of Holland(Lake Michigan Financial Corp.) $ 651,442,000 No C+ 4 3ChoiceOneSparta, MI $ 479,175,000 No C+ 4 3Community Shores BankMuskegon MI $ 223,756,000 No F 0 1Consumers Credit Union $ 355,491,000 3 2Fifth Third, Cincinnati OH $ 108,668,289,000 still owe B 3.5 4Flagstar Bank $ 13,004,281,000 still owe C- 3 2Founders Bank & Trust $ 424,030,000 No B- 5 4Huntington National Bank YesColumbus, OH $ 52,799,993,000 still owe B+ 3.5 4Independent Bank YesIonia, MI $ 2,318,396,000 still owe C- 2 2JPMorgan Chase YesColumbus, OH $ 116,342,972,000 Paid B 3.5 3Lake Michigan Credit Union $ 2,247,951,000 4 3Macatawa BankHolland, MI $ 1,516,868,000 No C 2 1Mercantile YesGrand Rapids MI $ 1,536,847,000 still owe C+ 3 2Mich. Commerce Bank (G.H. Bank) $ 864,807,000 No F 0 1PNC Bank YesWilmington, DE $ 254,825,730,000 Paid B+ 3.5 4United Bank of Michigan $ 428,602,000 No C+ 3.5 3United Federal Credit Union $ 1,262,838,000 5 5West Michigan Community Bank(Fentura Financial Inc.) $ 121,928,000 No B 3 4
0=Troubled &
Problematic 5=Superior
1=Low 5=Superior
3-Year Dog License
• In 2010 18,850 license @ $ 145,460.00• Sales began January 1st
• ½ year results 11,362 licenses23% 3 year licenses Total sales $164,398Processing costs down $3,500 – Manual stuffing and posting & better workload balance.Opt In/Out decision shortly for 2012
Tax Foreclosure Auction
2011 36 Parcels – Taxes & Expenses $207,842
Sold 23 in first auction for $421,200
Second Auction 9/23 @ 10AM
Summer Intern
• Required delinquent tax - site visits• Past - $45 pass through • This year - Summer intern
736 parcels, 18 days on the road, Sheriff deputy escort Cost $9.50 per parcel - reduce costs for 2012Better information from people for follow-upSummer job and training for student
Questions?
EECBG Update
Keith Van Beek, Assistant County Administrator
Local Government Program
• $343,012 approved by County Board
• $365,046 in projects, with two left• Great Program, thanks for your
cooperation!
2012 Budget
Al Vanderberg, County Administrator
Bob Spaman, Fiscal Services Director
2010 - 2012 Expenditure Budgets
Fund Type 2010 2011 2012
General $64,347,534 $63,500,179 $63,986,817
Special Revenue $84,333,130 $80,373,379 $77,962,609
Debt Service $3,151,432 $3,145,464 $2,585,920
Capital Projects $0 $0 $0
Permanent $0 $606 $0Total Governmental Funds 151,832,096 147,019,628 144,535,346
Tax Revenue
2009 2010 2011 Est 2012 Budgeted
Equalized Value 11,706,359,624 10,990,874,852 10,491,709,804 N/A
Taxable Value 10,018,437,711 9,612,697,661 9,405,987,828 9,311,927,950
% Change in Taxable Value 1.21% -4.05% -2.15% -1.0%
Operating Tax Revenue 35,973,003 34,550,733 33,871,932 33,420,247
Intergovernmental Collaboration
Al Vanderberg, County Administrator
Intergovernmental Collaboration
Keith Van Beek, Assistant County Administrator
Grand Haven Assessing Contract
Assessing
• Grand Haven experienced mass retirement
• Accelerated assessing as a pilot project
• 2 year pilot agreement effective in September
• 5,354 real property parcels – 6,101 personal property parcels
Operation
• Phone answered at Fillmore “City of Grand Haven Assessing”
• County staff hired to do work in Grand Haven
• Arrangements for limited office hours as needed
Cost
• $120,000 base• $28,438 first two years, STC review
changes• $11,675 reimbursable expenses• Does not include MTT legal
representation or preparation
Intergovernmental Collaboration
Bob Spaman, Fiscal Services Director
Michigan Municipal League Grant
Transparency
Al Vanderberg, County Administrator
Bob Spaman, Fiscal Services Director
Dollars & Sense
Transparency
Mark Knudsen, Director of Planning and Performance Improvement
Dashboard
Ottawa County Planning & Performance Improvement Department
DASHBOARDS & TRANSPARENCY
Ottawa County Planning & Performance Improvement Department
Michigan Dashboard - Report
Ottawa County Planning & Performance Improvement Department
Ottawa County/Michigan Dashboard - Report
Ottawa County Planning & Performance Improvement Department
Ottawa County Dashboard – Home Page
Ottawa County Planning & Performance Improvement Department
Ottawa County Dashboard – On the Web
Ottawa County Planning & Performance Improvement Department
Ottawa County Dashboard – On the Web
Ottawa County Planning & Performance Improvement Department
Local Government Dashboard Report
Ottawa County Planning & Performance Improvement Department
Ottawa County Dashboard - Data Sources
Ottawa County Planning & Performance Improvement Department
Ottawa County Health & Wellness Dashboard - Report
Ottawa County Planning & Performance Improvement Department
County Dashboard - Departments
Ottawa County Planning & Performance Improvement Department
miOttawa.org
Reverse Auction
Al Vanderberg, County Administrator
Bob Spaman, Fiscal Services Director
Reverse Auction• Kent County started program June 2009• Auction works like E-bay in reverse• Kent County has 14 municipalities using
their site• 645 auctions thru June 2011• Savings is at 14.5% or $195,000 in two
years• Several commodity items in the site to
order with services coming on-line later this year
Reverse Auction• Offered Ottawa County use of site
in July 2011• County has used site since August
2011• County has ordered 7 items so far
at an annual savings of approximately $35,000
• In the future, will roll out to municipalities in Ottawa County
Enterprise Resource Planning Software System
Bob Spaman, Fiscal Services Director
ERP Software• Current County software is 20 years old• Current Vendor recommended move
to Windows Environment in 2010• Led to a search for replacement
software• RFP’s generated 3 qualified responses• After demos, County selected Munis
Systems
ERP SOFTWARE• Implementation to start at the end of
October• Full implementation in early to mid-2013• Municipalities in Ottawa County will be
able to collaborate with the County Cloud
• The vendor has offered this at ½ the normal license fees for the next 4 years with implementation in 5 years
Public Health
Adeline Hambley, Environmental Health Manager
Real Estate Evaluation
Public Health
Matt Allen, Waste Supervisor
Resource Recovery Center
Agricultural Technology Business Incubator
Mark Knudsen, Director of Planning and Performance Improvement
Ottawa County Planning & Performance Improvement Department
AGRICULTURAL TECHNOLOGY BUSINESS INCUBATOR
Ottawa County Planning & Performance Improvement Department
Agricultural Technology Business Incubator
Ottawa County Planning & Performance Improvement Department
Agricultural Technology Business Incubator
Ottawa County Planning & Performance Improvement Department
USDA Rural Development Grant
Ottawa County Planning & Performance Improvement Department
Revolving Loan Fund
Questions