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Montgomery County Government: Organizational and Fiscal Structure

Montgomery County Government: Organizational and Fiscal Structure. Jennifer Hughes, Director Office of Management and Budget September 21, 2012 www.montgomerycountymd.gov/omb. Overview. Organization Oversight and Accountability Budget Process & Fiscal Structure.

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Montgomery County Government: Organizational and Fiscal Structure

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  1. Montgomery County Government: Organizational and Fiscal Structure Jennifer Hughes, Director Office of Management and Budget September 21, 2012 www.montgomerycountymd.gov/omb

  2. Overview • Organization • Oversight and Accountability • Budget Process & Fiscal Structure

  3. Oversight and Accountability • Internal Audit (Executive Branch) • Annual Audit of financial statements by an independent audit (Executive Branch) • CountyStat (Executive Branch) • Inspector General (Legislative Branch) • County Council & Committees • Office of Legislative Oversight (Legislative Branch) • P-Card Monitoring and Reviews (Exec. Branch - DOF) • Expenditures over $10,000 (Exec. Branch - DOF) Other forms of Accountability: Supervisory; to County Executive and Chief Administrative Officer; and to County Council. • Media • Elections, Charter questions, and Referenda

  4. CIP 6 Year Budget (Capital Budget is the first year) Approved biennially. Infrastructure (roads & buildings) Long-life Often debt-financed Majority of spending is for sitework and construction Operating Budget 1 Fiscal year Approved annually. Programs and services Expenses typically continue every year. Typically funded with current revenues Majority of spending is for staffing costs Major Differences Between the CIP and the Operating Budget

  5. Budget Process Key Facts • The County Executive develops and recommends budget proposals; the Council authorizes expenditures and sets tax rates. • Annual six-year Public Services Plan, Operating Budget, and Capital Budget, and biennial six-year Capital Improvements Plan. • Capital budget submitted to Council by January 15th; proposed Operating Budget by March 15th. • Aggregate budget cannot grow more than CPI-U Washington-Baltimore without a minimum of six Council votes. • Executive veto or reduction of items in Council approved budget. • 1990 Charter amendment limit on property tax revenues. Charter Limit exceeded four times: FY03-05 and FY09. As of 2008 Charter amendment, to exceed the Charter Limit, requires 9 council votes.

  6. Summary: Operating Budget Process • Sept-December: MCG Departments Prepare Submissions • December/January: Agencies submit budgets to County Executive/Council • December – March: OMB Reviews Submissions and Makes Recommendations to County Executive • March 15: County Executive Transmits Budget to the County Council • Early April: County Council Public Hearings • April – May: County Council/Committees reviews budgets • By June 1: County Council Approves Budget

  7. FY13 ALL AGENCIES / ALL FUNDS WHERE THE MONEY COMES FROMTOTAL APPROVED RESOURCES - $5,106.2 (million) WHERE THE MONEY GOES *TOTAL APPROVED USES OF FUNDS - $5,106.2 (million) *This total covers the full Operating Budget, and funds to the CIP, Debt Service, and Reserves. Of this amount $4,612,253,211 is approved in the Operating Budget.

  8. FY13 EXPENDITURES BY FUNCTION TOTAL EXPENDITURES - $4,612.3 (million) *Total M-NCPPC includes $4.8 million debt service. TAX SUPPORTED EXPENDITURES - $4,020.5 (million)

  9. FY13 TAX SUPPORTED AGENCIES AND FUNDS WHERE THE MONEY COMES FROMTOTAL APPROVED RESOURCES - $4,428.1 (million) WHERE THE MONEY GOES *TOTAL APPROVED USES OF FUNDS - $4,428.1 (million) *This total covers the full Operating Budget, and funds to the CIP, Debt Service, and Reserves. Of this amount $4,020,477,004 is approved in the Operating Budget.

  10. FY13 Tax SupportedExpenditures by Function

  11. Revenue Volatility: Income Taxes

  12. Revenue Volatility: Transfer & Recordation Taxes

  13. Montgomery County Budget Growth Rates FYs 05-07 = 36.5% FYs 08-13 = 15.9% 14

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  15. Operating Budget Rate of Growth

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