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Washington County, Maryland April 30, 2019

Washington County Government FY2020 General Fund Budget. Washington County, Maryland April 30, 2019. Washington County, Maryland FY2020 General Fund Budget. PUBLIC SAFETY and ECONOMIC VITALITY require adequate funding of essential services. washco-md.net. April 30, 2019.

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Washington County, Maryland April 30, 2019

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  1. Washington County Government FY2020 General Fund Budget Washington County, Maryland April 30, 2019

  2. Washington County, Maryland FY2020 General Fund Budget PUBLIC SAFETY and ECONOMIC VITALITY require adequate funding of essential services. washco-md.net April 30, 2019

  3. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  4. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  5. Washington County, Maryland FY2020 General Fund Budget DISCRETIONARY BUDGET REDUCTIONS Discretionary Budget: $116.8M • $7.5M in reductions to FY19 budget • 6% has been reduced from discretionary funds washco-md.net April 30, 2019

  6. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  7. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  8. Washington County, Maryland FY2020 General Fund Budget • PROPERTY • Rate increase from 0.948 to 0.998 • $6M in revenue • SAMPLE: • Median home price: $185,000 • Rate Increase: 0.948 to 0.998 • Total Cost per household per year: $92.50 • INCOME • Rate increase from 2.80% to 3.0% • $2.6M in revenue • SAMPLE: • Avg. net taxable income per return: $50,980 • Rate Increase: 2.8% to 3.0% • Total Cost per return per year: $102.00 TOTAL HOUSEHOLD COST: $194.50 PER YEAR washco-md.net April 30, 2019

  9. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  10. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  11. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  12. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  13. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  14. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  15. Washington County, Maryland FY2020 General Fund Budget Election Board washco-md.net April 30, 2019

  16. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  17. Washington County, Maryland FY2020 General Fund Budget Following February Distribution $3.9M revenue shortfall was derived from 3 main revenue sources: washco-md.net April 30, 2019

  18. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  19. Washington County, Maryland FY2020 General Fund Budget TO ADDRESS FY19 PROJECTED SHORTFALL washco-md.net April 30, 2019

  20. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  21. Washington County, Maryland FY2020 General Fund Budget General Fund Contribution 2010 - $2M2011 - $2M2012 - $2.8M TOTAL: $6.8M washco-md.net April 30, 2019

  22. Washington County, Maryland FY2020 General Fund Budget Rate Model Projections • 2018 Projections were not realized • 2020 projections represent a correction washco-md.net April 30, 2019

  23. Washington County, Maryland FY2020 General Fund Budget STAFF IS REQUIRED TO PRESENT A BALANCED BUDGET Balanced Budget washco-md.net April 30, 2019

  24. Washington County, Maryland FY2020 General Fund Budget WHAT HAPPENS WITH NO ADDITIONAL REVENUE? • 5% sewer rate increase through FY24 to address deficit ($4.2M) • Eliminate employee step ($700K) • 10% reduction to Outside Agencies ($2M) • Eliminate EMS funding by ($600K) for FY20, additional reductions in future years • No funding for SAFER grant in future years • Reduce workforce further through hiring freeze or additional steps ($900K) washco-md.net April 30, 2019

  25. Washington County, Maryland FY2020 General Fund Budget GFOA Best Practice While positions were not added and other expenditures were reduced, various budget line items have increased mainly due to pension redistribution. It is now allocated fully to departments in accordance with GFOA best practice. washco-md.net April 30, 2019

  26. Washington County, Maryland FY2020 General Fund Budget washco-md.net April 30, 2019

  27. Washington County, Maryland FY2020 General Fund Budget • Note: reduction of $4M in 11200 General Operations for redistribution of pension expense washco-md.net April 30, 2019

  28. Washington County, Maryland FY2020 General Fund Budget • Note: reduction of $4M in 11200 General Operations for redistribution of pension expense washco-md.net April 30, 2019

  29. Washington County, Maryland FY2020 General Fund Budget • Note: reduction of $4M in 11200 General Operations for redistribution of pension expense washco-md.net April 30, 2019

  30. Washington County, Maryland FY2020 General Fund Budget • Note: reduction of $4M in 11200 General Operations for redistribution of pension expense washco-md.net April 30, 2019

  31. Washington County, Maryland FY2020 General Fund Budget • Note: reduction of $4M in 11200 General Operations for redistribution of pension expense washco-md.net April 30, 2019

  32. Washington County, Maryland FY2020 General Fund Budget • Note: reduction of $4M in 11200 General Operations for redistribution of pension expense washco-md.net April 30, 2019

  33. Washington County, Maryland FY2020 General Fund Budget • Note: reduction of $4M in 11200 General Operations for redistribution of pension expense washco-md.net April 30, 2019

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