User Friendly Budget

1. User Friendly Budget Jon and Joe Show Continued!

2. More Great teams of the past

3. User Friendly Budget Layout • Narrative • UFB-1 Revenue Summary • UFB-2 Appropriation Summary • UFB-3 Structural Imbalances • UFB-4 Tax Impact & RUT • UFB-5 Tax Assessments • UFB-6 Tax Abatements • UFB-7 Personnel Costs • UFB-8 Health Benefits • UFB-9 Debt • UFB-10 Shared Services

4. Narrative • The narrative provides: • A brief overview of the document and its purpose • An overview of the information being collected and the reason for collecting and presenting the data

5. UFB-1 Revenue Summary Source: • Budget Document Sheets 4 thru 11 • Budget Document Sheets 31 & 34 When dealing with utilities the only logical place for the various revenues is under Local Revenues

6. UFB-1 Revenue Summary

7. UFB-2 Appropriation summary Source: • Budget Document Sheets 12-30 • Utility Sheets 32 thru 36 • Utilities were assigned based upon where they fit logically. Comments: • Headcount was an interesting exercise • Allocated positions across various areas

8. UFB-2 Appropriation summary

9. UFB-3 Structural Imbalances Source: • Budget Document Sheet 3B(2) • This was a straight copy job from the budget document. • The debate becomes what you feel should be disclosed on this form.

10. UFB-3 Structural Imbalances

11. UFB-4 Tax Impact & RUT Source: • Tax Assessor or Tax Collector’s office, final certified tax levy from the County Board of Taxation • Sheet 22 of the AFS • Sheet 25 of the AFS • Sheet 26 of the AFS Comments: • There was no provision for a Spec Dist.

12. UFB-4 Tax Impact & RUT

13. UFB-5 Tax Impact & RUT Source: • Tax Assessor or Tax Collector’s office, “Tax List District Summary” • An alternate source would be the “Table of Aggregates” but this fails to provide the number of properties under the exempt codes • Tax Assessor will be the source for Tax Appeals Data

14. UFB-5 Tax Impact & RUT

15. Ufb-6 Tax abatements Source: • Tax Assessor

16. Ufb-6 Tax abatements

17. Poll Question#3

18. Ufb-7 personnel costs Source: • This is going to require you to analyze your data in a different way • I started with my totals and then backed out the data for the various categories • The Number of employees here is misleading as it combines the FT and PT employees Comment: • Pension Rates are now different

19. Ufb-7 personnel costs

20. Ufb-8 health benefits Source: • This is going to require you to analyze your data in a different way • Will be interesting to see how the data is used once all towns are up and running

21. Ufb-8 health benefits

22. Ufb-9 debt Source: • Annual Debt Statement • Sheet 1 of the AFS (Census) • The area in yellow is highlighted because I have BANs only and am projecting that future years will be the same as the current year. • The information on future years is similar to what we put on the budget advertisement, just two more years.

23. Ufb-9 debt

24. Ufb-10 shared services Source: • Various Shared Service Agreements that your town may have Comments: • I have included many that are not formal • Not All Shared Service Agreements require the formality of a written document (Many are done on a handshake)

25. Ufb-10 shared services

26. General Comments • Formatting throughout the document required some attention • Formulas still need some work but were workable • The Volunteers for the Pilot program will be providing feedback to the Division to incorporate into the final version • The way you capture data for your budget planning will most likely be impacted in order to present information on the user friendly budget • Most of the information being requested is readily available from other documents that we are already producing

27. Questions • ?