Prop oposed osed FY 2014 4 Budge get Melissa S. Peacor County - PowerPoint PPT Presentation

Prop oposed osed FY 2014 4 Budge get Melissa S. Peacor County Executive February 12, 2013

Pri rince nce Wi Will llia iam Cou ounty nty is a “Community of Choice” 2 2/12/13 Proposed FY 2014 Budget

Str trategic ategic Vi Visi sion on Statement atement Prince William County is a community of choice with a strong, diverse economic base, where individuals and families choose to live and work and businesses choose to locate. 3 2/12/13 Proposed FY 2014 Budget

2013 3 - 2016 6 Str trategic ategic Plan an “Community of Choice” with a strong, diverse economic base - relieves burden on residential taxpayers and brings high-paying jobs so people can live and work in the County What makes PWC a community of choice for people and businesses Ease of transportation - roads and transit Quality schools Safe community - police, fire, judicial and human services Quality of life - parks, historic, cultural attractions Competitive tax burden 4 2/12/13 Proposed FY 2014 Budget

How w Do Do We Kn Know w if if PWC is is Communit mmunity y of Choice? hoice? People and businesses want to be here Population has grown by 48% from 2000 to 2012 Families choosing PWC - 2,500 more students annually Businesses are choosing PWC At-place employment grew by 45% since 2000 and 9% during recession (2007-2012) Targeted employment high paying jobs grew even more - 61% since 2000, 15% during recession Source: Virginia Employment Commission 5 2/12/13 Proposed FY 2014 Budget

How w Do Do We Kn Know w if if PWC is is Communit mmunity y of Choice? hoice? People and businesses want to be here - success in attracting targeted jobs is evident in wage growth in the County Wages have grown in Prince William by 50% from 2000-2012 and 10.2% from 2007-2012 during the recession Biggest wage growth of jobs in PWC includes targeted industries: Finance/Insurance up 28% Manufacturing up 28% Company Management up 23% Real Estate up 22% Information up 19% Median household income grew by 9% from 2007-2011 Source: Virginia Employment Commission 6 2/12/13 Proposed FY 2014 Budget

How w Do Do We Kn Know w if if PWC is is Communit mmunity y of of Choice hoice? PWC ranked as one of 100 best places in the nation for youth for third year in a row 93% of citizens say quality of life meets their expectations 90% say County services meet expectations 85% say they trust the government to do the right thing up from 63% two years ago 90% believe County services are effective and efficient 7 2/12/13 Proposed FY 2014 Budget

How w Do Do We Kn Know w if if PWC is is Communit mmunity y of Choice? hoice? Strong Financial/Program Management Lowest tax bills in Northern Virginia Lowest tax burden in Northern Virginia Budget grew just 6.6% from FY 07-13 - less than 1% per year FTE count grew an average of 0.6% per year from FY 07-13 Total 162.1 FTE including 288.6 Public Safety FTE Eliminated 126.1 FTE in Community Development, Human Services and General Government 8 2/12/13 Proposed FY 2014 Budget

How w Do Do We Kn Know w if if PWC is is Communit mmunity y of Choice? hoice? Strong Financial/Program Management Three AAA bond ratings that have saved the County $32M GFOA rated County five year budget practice as one that should be adopted by all local governments nationwide Unqualified external audit Ranked as “low” fiscal stress by Virginia Commission on Local Government One of only 21 localities ranked “low” fiscal stress out of 134 Based on revenue capacity/income 9 2/12/13 Proposed FY 2014 Budget

How w Do Do We Kn Know w if if PWC is is Communit mmunity y of Choice? hoice? Is there more work to do? Absolutely… What we are hearing from citizens and businesses Congestion and getting around still an issue - need more road improvements Transit is at capacity Need more Police and Fire coverage as population grows County class size is at maximum Need to build more schools for the growing student population (2,500 per year) - don’t want to go back to trailers Need to serve residents most at-risk Parks, recreation, and cultural programs and facilities are needed to meet demand 10 2/12/13 Proposed FY 2014 Budget

The e Budget get is is a Bala lancing ncing Act Citizen demand for Citizen willingness to increased programs pay for increased services and services 11 2/12/13 Proposed FY 2014 Budget

Prince ince Willia lliam County unty Continues ntinues to Have e the e Lo Lowes est t Tax ax Burden rden in Northern thern Vi Virginia ginia Prince William and Loudoun Counties Are FY 14 Proposed Tax Rate/2011 Med. Household Income; Alexandria, Arlington and Fairfax Are FY 13 Adopted Avg. Tax Bills/2011 Med. Household Incomes 12 2/12/13 Proposed FY 2014 Budget

Coun unty ty Tax ax Bur urden den Has s Rema mained ined Low w Sin ince ce FY 200 007 13 2/12/13 Proposed FY 2014 Budget

Prin ince ce Wi William iam County nty Has s Fewer er FTEs Es 14 2/12/13 Proposed FY 2014 Budget

FY FY 2014 4 Pro roposed osed Budget dget Su Summar ary 15 2/12/13 Proposed FY 2014 Budget

FY 2014 4 Budget get Ob Obje jectiv ctives/Guidanc es/Guidance Current BOCS Policies guide the Proposed Budget Adopted 2013-2016 Strategic Plan Strategic priorities – Economic Development, Public Safety, Schools and Transportation Five year plan adopted April 2012 County/School Revenue Agreement BOCS Principles of Sound Financial Management Debt limits Use one time money only for one time expenses Use agency savings to support following year’s budget Revenue Stabilization Fund maintained No automatic replacement of state and federal cuts Implement adopted FY 14 BOCS budget guidance at 4% residential tax bill growth 16 2/12/13 Proposed FY 2014 Budget

FY 2014 4 Propos roposed ed Budget get Funds all initiatives in the April 2012 adopted five year budget and FY 14-19 CIP as planned - central district police station, roads, parks, libraries Funds the must do increases in fuel, electricity, leases, contracts Funds employee compensation as adopted by BOCS Public Safety Investments Adds ten Police officers for staffing plan Adds 15 additional officers to the Middle School Resource Officers to address school safety Funds one western end 24-hr ALS unit with EMS fee and one eastern end 24-hr ladder truck through fire levy Funds community corrections needs assessment for jail expansion 17 2/12/13 Proposed FY 2014 Budget

FY 2014 4 Propos roposed ed Budget get Community Development Investments Upgrades field maintenance at all County middle schools to Parks & Recreation game field standards - 70 fields Sets aside money to address issues at Lake Jackson Dam Human Services Investments Provides additional staffing to meet standards in Child Protective Services and Adult Protective Services Addresses DOJ/VA settlement by adding case workers for the intellectually disabled population General Government Investments Funds the County’s Technology Improvement Plan (TIP) Funds additional staff in Registrar and starts funding replacement of voting machines 18 2/12/13 Proposed FY 2014 Budget

Prop opos osed ed FY 2014-20 2018 8 Fiv ive e Year ar Plan an Proposed in FY 14-18 Continue progress on capital projects Continue funding employee compensation program FY 15 Add second Countywide Police Tactical Training and Response Team to supplement police operations and provide specialized training for high risk situations Upgrade elementary school fields to Parks & Recreation practice field standard - 92 fields Add 17 Fire & Rescue staff for new Bacon Race station FY 16-18 Increase Police staffing plan from 10 to 15/year Implement Fire & Rescue staffing plan at 27/year 19 2/12/13 Proposed FY 2014 Budget

Wh What at do th the e FY 2014 4 Proposed oposed Bud udget get & FY 2014-20 2018 8 Fiv ive e Year ar Plan an Cost? t? Following BOCS adopted guidance Tax rate drops to $1.201 4% average residential tax bill growth 20% budget growth over five years or 5% per year However, Enough money is left on the bottom line in each year of the five year plan at the discretion of the Board to Afford proposed budget at $1.189 tax rate 3% average residential tax bill 11.3% budget growth over five years or 2.3% per year or Keep tax bill increase at 4% as adopted and have capacity to fund additional unmet needs 20 2/12/13 Proposed FY 2014 Budget

Revenu nues es 21 2/12/13 Proposed FY 2014 Budget

Local cal Econ conom omy y Contin ntinues ues to to Impr prove Prince William is recovering well from the recession, consumer confidence is up, household incomes are up and that is reflected in housing and commercial values and in sales and personal property tax revenues Projected Proposed Residential values up 3.0% up 4.7% Commercial values up 3.0% up 5.0% Apartments up 5.0% up 12.6% Sales tax revenue up 2.5% up 4.5% Personal property revenue up 3.9% up 7.7% 22 2/12/13 Proposed FY 2014 Budget

FY 2 2014 4 County ty Governm nmen ent t Funding Source ces (Exclud ludes es Scho hool ol Sha hare re of Gener eral al Revenue nue) Gener eral al Fund $497,628,554 23 2/12/13 Proposed FY 2014 Budget

Expenditure enditure Sa Savings ings 24 2/12/13 Proposed FY 2014 Budget