2018 Proposed Revenue Thurston County, WA November 21, 2017
Commissioners’ 2018 Preliminary Budget Fund Type Revenue Expenditure General Fund $ 95,315,903 $ 103,514,176 Special Revenue Funds 91,413,513 99,201,075 Enterprise Funds 44,633,080 50,845,413 Internal Service Funds 29,565,969 35,043,689 Capital Funds 17,895,997 30,656,912 Debt and Bond Funds 7,309,223 7,162,700 TOTAL REVENUE $ 286,133,685 $ 326,423,965 2
Today’s Topic: REVENUE • RCW 84.55.120 requires a public hearing • Revenue sources that will support the proposed 2016 budget for all funds • Property tax revenue and levy increase 3
2018 Proposed Operating Revenue: ALL FUNDS Intergov't Revenues $ 26 M Operating Transfers 9% $ 29 M Others 11% $ 20 M Category 2018 8% Taxes $ 115,809,351 Charges For Goods & Services 81,986,534 Operating Transfers 29,294,143 Intergov't Revenues 26,032,471 Others 20,451,872 TOTAL OPERATING REVENUE $ 273,574,371 TOTAL OPERATING EXPENDITURES $ 294,103,965 Taxes Charges For $ 116 M Goods & 42% Services $ 82 M 30% 4
Examples of REVENUE • Taxes • Property Tax • Sales & Use Tax • Special Revenue Taxes, such as Treatment Sales Tax • Charges for Services • Payment from the state for Mental Health Services • Garbage disposal fees at the WARC • Internal service charges, such as Financial Services • Intergovernmental Revenues • Federal and State grants for services such as roads and housing • State revenue sharing, such as Liquor Profits • Operating Transfers • Transfer from Roads Account to Road Construction to account for projects • Others (Licenses and Permits; Fines and Forfeits; Miscellaneous Revenue; etc.) • Marriage and vehicle licenses • Construction Permits • Court fines, such as speeding tickets • Investment Interest 5
Distribution of PROPERTY TAX 6
Trend in SALES TAX $ 17.5 $ 15.0 $ 12.5 $ 10.0 in Millions Dollars 15.7 $ 7.5 14.5 14.2 13.2 12.5 12.2 11.8 11.5 11.1 11.0 10.9 10.7 $ 5.0 $ 2.5 $ 0.0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 7
SALES TAX Receipts by Business Type January to October Business Type 2013 2014 2015 2016 2017 Retail Trade $ 4,073,503 $ 4,317,313 $ 4,688,068 $ 4,828,230 $ 5,353,927 Construction 1,580,066 1,912,044 1,991,995 2,297,155 2,667,878 Accommodation and Food Services 668,580 689,840 764,446 834,905 947,195 Information 709,272 805,507 782,069 816,500 806,878 Wholesale Trade 708,127 631,965 640,239 672,479 698,143 All Other Sectors 1,826,610 1,904,822 2,067,715 2,310,826 2,444,289 $ 9,566,157 $ 10,261,493 $ 10,934,532 $ 11,760,096 $ 12,918,310 TOTAL 8
SALES TAX Receipts by Business Type $ 6 M $ 5,353,927 $ 5 M $ 4 M $ 3 M $ 2,667,878 $ 2,444,289 $ 2 M $ 947,195 $ 806,878 $ 1 M $ 698,143 $ 0 M Retail Trade Construction Accommodation and Information Wholesale Trade All Other Sectors Food Services 2013 2014 2015 2016 2017 9
Did you know?... In 2016 , only 2% of Revenue came from Federal Grants . Photo by Creative Commons Thurston County received less than $6 Million out of $277 Million total. 10
2018 GENERAL FUND: Revenue Intergov't Revenues Charges for Operating $ 8.4 M Goods & Transfers 9% Services $ 6.0 M $ 13.4 M 6% 14% Others Category 2018 $ 7.8 M 8% Taxes $ 59,675,000 Charges for Goods & Services 13,366,947 Intergov't Revenues 8,401,029 Operating Transfers 6,032,199 Others 7,840,728 TOTAL OPERATING REVENUE $ 95,315,903 TOTAL OPERATING EXPENDITURES $ 103,514,176 Taxes $ 59.7 M 63% 11
2018 GENERAL FUND Revenue: Taxes Criminal Justice Diverted County Funding Road Property Tax $ 2.5 M $ 1.5 M Local Sales 4% 3% Tax Others Category 2018 $ 15.7 M $ 0.5 M 26% 1% Real & Personal Property Taxes $ 38,000,000 Local Sales Tax 15,675,000 Diverted County Road Property Tax 1,500,000 County Road Property Tax Levy Shift 1,500,000 Criminal Justice Funding 2,500,000 Others 500,000 TOTAL $ 59,675,000 Real & Personal Property Taxes $ 39.5 M 66% 12
General Fund PROPERTY TAX Levy • Levy Increase • Last Year’s Levy $ 37,709,478 • Multiply by one percent $ 377,095 • New Construction • Value of new construction $ 491,135,090 • Multiply by last yea’s levy rate 1.2639 $ 620,751 • State Assessed Property • Growth in value of $ 27,401,332 • Multiply by last year’s levy rate 1.2639 $ 34,633 • Refund Levy Amounts • General Fund $ 109,828 • Highest Lawful Levy $ 38,851,785 Calculate the levy rate: divide Highest Lawful Levy by Assessed Value $ 32,217,198,564 = $ 1.2059 13
PUBLIC HEALTH FUND (1500): 2018 Operating Revenue Property Taxes $ 0.8 M 5% Others Intergov't $ 3.0 M Revenues 18% $ 6.2 M Category 2018 38% Charges for Goods & Services $ 6,390,728 Intergov't Revenues 6,228,109 Property Taxes 805,000 Others 2,950,516 TOTAL OPERATING REVENUE $ 16,374,353 TOTAL OPERATING EXPENDITURES $ 17,154,724 Charges for Goods & Services $ 6.4 M 39% 14
ROADS & TRANSPORTATION FUND (1190): 2018 Operating Revenue MVET Fuel TX‐CTY RD Others $ 5.2 M $ 2.9 M 19% 11% Category 2018 Property Taxes $ 19,750,000 MVET Fuel TX‐CTY RD 5,232,628 Others 2,932,725 TOTAL OPERATING REVENUE $ 27,915,353 TOTAL OPERATING EXPENDITURES $ 30,049,374 Real & Personal Property Taxes $ 19.8 M 71% 15
Housing & Community Renewal Fund (1400): 2018 Operating Revenue Housing Others $ 0.2 M Contracts 2% $ 0.6 M 9% Fed Direct Housing Category 2018 $ 2.2 M Record 34% Fed Direct Housing $ 2,176,680 Surcharge $ 1.3 M SG ‐ Dept of Commerce 2,136,139 21% Record Surcharge 1,328,316 Housing Contracts 585,000 Others 159,507 TOTAL OPERATING REVENUE $ 6,385,642 TOTAL OPERATING EXPENDITURES $ 6,563,357 SG ‐ Dept of Commerce $ 2.1 M 33% *SG = State Grant 16
SOLID WASTE FUND (4030): 2018 Operating Revenue Others O/T ‐ SW $ 0.1 M Reserve 0.6% $ 1.8 M 7% Category 2018 Garbage & Solid Waste Services $ 24,046,600 O/T ‐ SW Reserve 1,842,123 Others 146,600 TOTAL OPERATING REVENUE $ 26,035,323 TOTAL OPERATING EXPENDITURES $ 25,272,821 Garbage & Solid Waste Services *O/T = Operating Transfer $ 24.0 M *O/T = Operating Transfer 92% 17
MEDIC ONE FUND (1290): 2018 Operating Revenue O/T ‐ Medic One Reserve Others $ 2.8 M $ 0.1 M 20% 0.39% Category 2018 Real & Personal Property Taxes $ 10,900,000 O/T ‐ Medic One Reserve 2,806,500 Others 53,320 TOTAL OPERATING REVENUE $ 13,759,820 TOTAL OPERATING EXPENDITURES $ 15,011,457 Real & Personal Property Taxes $ 10.9 M 79% *O/T = Operating Transfer 18
CENTRAL SERVICES/FACILITIES FUND (5210): 2018 Operating Revenue ISF ‐ Other Property Management Others Services $ 4.0 M $ 5.2 M Category 2018 28% 37% ISF ‐ Other Property Management Services $ 5,230,023 ISF ‐ Data Processing Services 5,103,202 Others 3,957,315 TOTAL OPERATING REVENUE $ 14,290,540 TOTAL OPERATING EXPENDITURES $ 14,269,552 ISF ‐ Data Processing Services $ 5.1 M 36% *ISF = Interservice Fund 19
LAND USE & PERMITTING FUND (4124): 2018 Operating Revenue O/T ‐ General Fund $ 0.5 M 13% Zoning & Subdivision $ 0.6 M Others 18% Category 2018 $ 0.3 M 9% Bldgs, Structure, & Eqpt $ 1,334,000 Plan Checking 742,400 Zoning & Subdivision 600,000 O/T ‐ General Fund 451,092 Others 292,400 TOTAL OPERATING REVENUE $ 3,419,892 TOTAL OPERATING EXPENDITURES $ 4,784,321 Plan Checking Bldgs, Structure, & Eqpt $ 0.7 M $ 1.3 M 22% 39% *O/T = Operating Transfer 20
Conservation Futures Fund (1380): 2018 Operating Revenue Property Taxes $ 1.4 M 97% Category 2018 Property Taxes $ 1,410,000 Others 41,600 TOTAL OPERATING REVENUE $ 1,451,600 TOTAL OPERAINT EXPENDITURES $ 1,332,611 Others $ 42 K 3% 21
Increase in PROPERTY TAX Levies • Current Expense • General Fund $ 811,550 • Public Health $ 54,565 $ 890,670 • Veteran’s Fund $ 24,555 • Conservation Futures $ 30,968 • Roads Fund $ 479,107 • Medic One $ 244,843 22
Lake Management District Rate Dollar Lake Increase Increase Lake Lawrence 5% $ 4,913 Long Lake 5% $ 8,400 23
Utility District Fees Rate Dollar Utlity Increase Increase Boston Harbor Sewer 10% $ 28,656 Boston Harbor Water 10% $ 13,199 Grand Mound Water 5% $ 41,844 Grand Mound Sewer 5% $ 28,168 Olympic View Sewer 5% $ 1,575 Tamoshan/Beverly Beacher Sewer 5% $ 8,454 TamoshanBeverly Beach Water 5% $ 5,101 24
Budget Information • The 2017 – 2018 Budget Book is available on the Thurston County Budget Website: • http://www.co.thurston.wa.us/bocc/budget/ 25
Budget Public Hearing Schedule (MONDAY) DECEMBER 4, 2017 6:00 PM All Funds All Offices and Departments (TUESDAY) DECEMBER 12, 2017 Adopt the Budget, Levies, and Fees 26
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