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Amelia County FY20 Budget Draft

Get a breakdown of Amelia County's FY20 budget, including increases in state and federal revenue, main expenditure changes, salary and benefit costs, general fund balance, tax increase projections, and anticipated budget schedule.

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Amelia County FY20 Budget Draft

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  1. Amelia County FY20 Budget Draft

  2. County-Wide Budget Breakdown by Fund:

  3. Our County-Wide RevenuesTotal Increase - $1,192,560 (3.94%)

  4. A Closer Look at Our General Fund Budget • Increase in State and Federal revenue: -VITA grant for GIS programming: $254,000. -Department of Social Services support: $392,000.

  5. Main Increases in General Fund Expenditures • School Funds – requesting additional $400,000. • Sheriff’s Department – will spend $255,000 on GIS Operating System, to be fully reimbursed through state VITA grant. • Support to Sanitary District – Enterprise Fund is not self-supporting and includes $200,000 for water tower cleaning in FY20 – general fund must support the fund’s shortage each year. • Department of Social Services – $160,000 increase due to absorbing Children’s Services program as well as one additional position required for state mandated Medicaid expansion – all expenses 70% reimbursable from State. • DMV – new department expected to cost $55,000 in FY20 – to be substantially reimbursed from State. • These net to a $1,070,000 increase, leaving a $200,008 increase amongst other departments – detailed breakdown posted on website.

  6. Salaries/Benefits Included in FY20 General Fund Budget Salary / Benefit Cost Increase over FY19 $ 60,000 $ 165,000 $ 225,000 • 1.5% salary increase for County personnel • Assuming 20% increase in health insurance – currently in negotiation with Optima and may go out to bid • Some departments have slight decreases in their budgets – full analysis can be viewed on website.

  7. General Fund Expenditures

  8. General Fund Balance At-A-Glance*$442,314 decrease in fund balance over the prior five years (FY13 to FY18).*At June 30, 2018, unassigned fund balance was $6,475,851, 41% of general fund expenditures.*Governmental accounting best practice is to maintain a minimum fund balance of 15%-25% general fund expenditures at all times.*Lowest cash of year around September 30 – at 09.30.18unassigned fund balance was at 22%.

  9. Big Picture: Absorb the Loss or Cut Costs / Generate New Revenue? Goal = Balanced Budget.

  10. How much revenue does atax increase generate? Real Estate - $.47 to $.48: $118,700 Personal Property – $4.20 to $4.25: $42,875 Water - $.0045 to $.0055: $28,260 Sewer - $.005 to $.006: $48,120

  11. School Contribution Summary Average Daily Membership (ADM) is based on state projections at 2,674. Based on Governor’s Biennial Budget. To be approved at the General Assembly. Senate budget is lower, and House budget is higher. Budget includes a 3.5% pay increase, totaling $363,210. Amelia’s FY20 Required Local Effort = $3,886,711. Currently budgeting for 34% higher than RLE. School Division’s budget equals 57% of total County-wide budget.

  12. Anticipated Budget Schedule • Dec 1, 2018 – Feb 28, 2019: Initial drafting of FY20 budget in cooperation with departments and agencies. • March 20, 2019: Presentation of draft budget to Board of Supervisors. • March 25 – April 5, 2019: Budget work sessions as needed. Note – General Assembly has no agreed-upon budget at this time. • April 17, 2019: Public hearing on FY20 budget. NOTE – this would require advertisement before April 10 (Amelia Bulletin Monitor’s deadline to meet this timeline = April 1). • On or before April 30, 2019: Adoption of FY20 budget. NOTE – this date can extend into May if necessary.

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