Calaveras County FY 14 ‐ 15 Recommended Budget JUNE 10, 2014
BUDGET HEARING AGENDA 2 Hearing begins Tuesday, June 10, 2:30 p.m. and will be continued at the conclusion of each day until the Board closes the public hearing Tentative Schedule for subsequent days: Wednesday, June 11, 1:30 Thursday, June 12, 9:00 Friday, June 13, 9:00 Monday, June 16, 9:00 Tuesday, June 17, 9:00
ECONOMIC CONTEXT 3 No significant change in context over the past year National economy continues slow recovery California is recovering faster than the rest of the nation Housing prices rebounding in some areas of the state, low inventory of homes and fewer underwater properties Some niche markets like SF have returned to bidding wars and pre ‐ recession housing prices. This is not the norm statewide Local housing prices trending up slower than other areas of the state
UNEMPLOYMENT RATE IMPROVING 4 18.0 15.6 16.0 14.6 CALAVERAS CO 13.9 14.0 CALIFORNIA 13.0 UNITED STATES 12.0 10.4 10.0 8.6 8.6 8.0 7.3 6.4 5.9 6.0 5.9 4.0 2.0 0.0 2006 2007 2008 2009 2010 2011 2012 2013 Apr ‐ 14
CONSUMER CONFIDENCE RISING 5 120.0 July 2007 111.9% 100.0 May 2014 83.0% 80.0 February 2009 25.3% 60.0 40.0 20.0 0.0 6/06 2007 2008 2009 2010 2011 2012 2013
ASSESSED VALUE (BILLIONS) 6 $8 $7.04 $7 $6 $5.41 $5 $4 $3 $2 $1 $0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
YEAR OVER YEAR CHANGE IN ASSESS VALUE 7 20% Calaveras Projection State 15% 10% 5% 0% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 ‐ 5% ‐ 10% ‐ 15%
FY2013 ‐ 14 3RD QUARTER GENERAL FUND STATUS
GENERAL FUND REVENUE AT 3 RD QTR 9 FY 2013 ‐ 14 March 31, 2014 % Revenue Classification Adopted Budget Revenue Actuals Received Taxes $12,782,990 $7,499,007 58.7% Licenses, Permits, and Franchise $1,715,976 $1,601,258 93.3% Fines, Forfeitures, and Penalties $558,077 $499,827 89.6% Rev from Use of Money/Property $75,400 $83,135 110.3% Intergovernmental Revenue ‐ State $6,650,604 $3,874,667 58.3% Intergovernmental Revenue ‐ Federal $706,183 $301,619 42.7% Charges for Services $4,790,333 $3,150,970 65.8% Miscellaneous Revenue $700,128 $319,801 45.7% Other Financing Sources $44,600 $48,640 109.1% Operating transfers in $7,575,913 $3,636,513 48.0% Sale of assets $0 $12 0.0% Total Revenues $35,600,204 $21,015,449 59.0%
YEAR TO YEAR REVENUE COMPARISON ‐ 3 RD QTR 10 March 31, 2013 March 31, 2014 $ % Revenue Classification Actual Actual Change Change Taxes $7,394,952 $7,499,007 $104,055 1.4% License, Permits & Franchise $989,495 $1,601,258 $611,763 61.8% Fines, Forfeitures & Penalty $413,474 $499,827 $86,353 20.9% Use of Money/Property $61,212 $83,135 $21,923 35.8% Intergovernmental ‐ State $3,747,641 $3,874,667 $127,026 3.4% Intergovernmental ‐ Federal $252,473 $301,619 $49,146 19.5% Charges for Services $4,246,614 $3,150,970 ($1,095,644) ‐ 25.8% Miscellaneous Revenue $323,306 $319,801 ($3,505) ‐ 1.1% Other Financing Sources $67,447 $48,640 ($18,807) ‐ 27.9% Operating transfers in $1,342,290 $3,636,513 $2,294,223 170.9% Sale of assets $10,442 $12 ($10,430) 0.0% Total Revenues $18,849,346 $21,015,449 $2,166,103 11.5%
EXPENDITURES BY CLASS – 3 RD QTR 11 FY2013 ‐ 14 June 30, 2013 March 31, 2014 % Expenditure Classification Adopted Budget Encumberances Actuals Expend Salaries & Benefits $23,912,808 $0 $16,665,710 69.7% Services and Supplies $10,928,428 $588,920 $6,761,536 58.7% Other Charges $739,111 $0 $335,064 45.3% Capital Assets $797,801 $68,796 $397,641 45.9% Other Financing Uses ($689,129) $0 ($453,618) 65.8% Operating transfers out $2,325,549 $0 $1,405,542 60.4% Contingencies $1,368,290 $0 $0 0.0% Total Expenditures $39,382,858 $657,717 $25,111,875 62.7%
YEAR TO YEAR EXPENSE COMPARISON – 3 RD QTR 12 March 31, 2013 March 31, 2014 $ % Expenditure Classification Actuals Actuals Change Change Salaries and Employee Benefits 16,268,864 16,665,710 396,846 2.4% Services and Supplies 6,044,363 6,761,536 717,173 11.9% Other Charges 478,451 335,064 ‐ 143,387 ‐ 30.0% Capital Assets 54,293 397,641 343,348 632.4% Other Financing Uses ‐ 579,859 ‐ 453,618 126,241 ‐ 21.8% Operating transfers out 2,718,297 1,405,542 ‐ 1,312,755 ‐ 48.3% Appropriation for Contingencie 0 0 0 0% Expenditure Totals 24,984,409 25,111,875 127,466 0.5%
3 RD QUARTER SUMMARY 13 Revenues ‐ $21,015,449 or 59% Property Taxes revenues post in April & June VLF revenues post in May Balance of Transfers from Designated Funds Expenditures ‐ $25,111,875 or 62.7% Swept $947,719 in salary savings at mid ‐ year Instituted a more formal hiring freeze At 3 rd Qtr Expenditures exceed Revenues by $4,096,425
BUDGET DEVELOPMENT
BUDGET PROCESS AND TIMELINE 15 Governed by State Law; guided by Board’s Principles Milestones December / January Kickoff CAO and departments identify key issues and develop first budget projections Budget Instructions distributed in March CAO and departments meet in April – May Mid ‐ Year Budget Report to the Board Recommended Budget Hearings in June; Final in September Process that involves all departments and staff throughout the organization – collaborative to a point
BOARD ADOPTED BUDGET PRINCIPLES 16 1. Rational and conservative revenue estimates 2. Avoid one ‐ time solutions 3. Public safety identified as the highest spending priority 4. Maintain costs by controlling personnel expenditures 5. Don’t believe a promise from the state until the promise actually occurs 6. Minimize the General Fund contribution to Non ‐ General Fund programs above the required match
BUDGET PRINCIPLES 17 7. Maintain operations in Solid Waste, Airport, and Fish and Game Funds without General Fund contributions 8. In general, do not balance the budget by raising fees 9. Strive for healthy reserves and a 3% to 4% contingency 10. Utilize grants for funding that enhances and improves County programs 11. The budget structure shall support a diverse, prosperous, and sustainable economy
BOARD DIRECTION FOR FY 2014 ‐ 15 18 Maximize current year savings move $947,719 in FY 2013 ‐ 14 projected savings to contingencies Minimize future layoffs implement hard hiring freeze, establish process for approval prior to departments hiring, promoting, or otherwise increasing personnel costs Look for cost savings and revenue generating ideas consider suggestions from SEIU, staff, the public, etc. Begin multi ‐ year process to align GF revenues & expenditures reduce GF contribution by $2.5 million in FY 2014 ‐ 15
RECOMMENDED BUDGET SUMMARY
FY 2014 ‐ 15 ALL FUNDS SUMMARY 20 Fund Revenues Appropriations Fund Equity General $34,765,917 $37,420,755 $2,654,838 Public Works $18,475,521 $21,438,639 $2,963,118 Integrated Waste Management $5,085,598 $7,528,283 $2,442,685 Health and Human Services $28,834,150 $34,294,279 $5,460,129 Capital Improvements $4,398,130 $2,248,623 ($2,149,507) Transit $1,588,962 $1,588,962 $0 Airport $1,333,408 $1,436,207 $102,799 Other $3,079,681 $3,314,788 $235,107 Total $97,561,367 $109,270,536 $11,709,169
ALL FUNDS STAFFING FY 2013 ‐ 14 FY 2014 ‐ 15 Functional Area Difference Final Adopted Recommended General Government 76.00 68.00 (8.00) Public Safety 151.99 137.44 (14.55) Development Services 121.00 122.00 1.00 Health & Human Services 150.59 145.15 (5.44) Education & Recreation 8.23 8.43 .20 Other Departments 2.00 2.00 0 Total 509.81 483.02 (26.79)
GENERAL FUND REVENUES 22 FY 2013 ‐ 14 FY 2014 ‐ 15 $ % Revenue Classification Final Recommend Change Change Taxes $12,782,990 $12,900,829 $117,839 0.9% Licenses, Permits, and Franchise $1,715,976 $1,873,554 $157,578 9.2% Fines, Forfeitures, and Penalty $558,077 $664,495 $106,418 19.1% Rev from Use of Money/Property $75,400 $58,300 ($17,100) ‐ 22.7% Intergovernmental ‐ State $6,650,604 $6,765,355 $114,751 1.7% Intergovernmental Federal $706,183 $454,886 ($251,297) ‐ 35.6% Charges for Services $4,790,333 $4,194,912 ($595,421) ‐ 12.4% Miscellaneous Revenue $700,128 $815,338 $115,210 16.5% Other Financing Sources $44,600 $1,265,137 $1,220,537 2736.6% Operating transfers in $4,196,007 $3,958,673 ($237,334) ‐ 5.7% Sale of Assets $0 $0 $0 0.0% Total Revenues $32,220,298 $32,951,479 $731,181 2.3% Use of Teeter and Fund Balance $7,162,560 $4,469,276 ($2,693,284) ‐ 38.0% Total Revenues Teeter/Fund Balance $39,382,858 $37,420,755
TOTAL GENERAL FUND REVENUES ‐ $37.4M 23 Operating Transfers Teeter/Fund Balance, In, $3.9, 10% $4.5, 12% Other Financing Taxes, $12.9, 35% Sources, $1.3, 4% Charges for Services, $4.2, 11% Intergovernmental, $7.2, 19% Licenses/Permits/Fra Miscellaneous, $0.8, nchises, $1.9, 5% 2% Fines/Forfeitures/Pen alties, $0.7, 2% Use of Money, $0.0, 0%
TOTAL GF APPROPRIATION COMPARISON 24 $ FY 13 ‐ 14 FY 14 ‐ 15 $ Functional Area Change Final Adopt Rec Budget Change ‐ 5.8% General Government $8,993,480 $8,470,238 ‐ $523,242 ‐ 8.6% Public Safety $18,866,923 $17,070,663 ‐ $1,596,260 17.4% Development Services $5,192,432 $6,094,778 $902,346 ‐ 9.2% Health/Human Services $433,851 $393,844 ‐ $40,007 2.9% Education & Recreation $584,150 $601,283 $17,133 ‐ 13.1% Miscellaneous $5,512,022 $4,789,949 ‐ $722,073 ‐ 5.0 Total $39,382,858 $37,420,755 ‐ $1,962,103
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