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Caroline County 2010-11 Budget

Caroline County 2010-11 Budget. Presentation to the Caroline County Board of Supervisors February 23, 2010. All-America City Recipient. Still Growing, Despite the Economy. 2009 population – 28,245 2008 population – 27,942 2000 Census – 22,121

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Caroline County 2010-11 Budget

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  1. Caroline County 2010-11 Budget Presentation to the Caroline County Board of Supervisors February 23, 2010 Caroline County 2010-11 Budget

  2. All-America City Recipient Caroline County 2010-11 Budget

  3. Still Growing, Despite the Economy • 2009 population – 28,245 • 2008 population – 27,942 • 2000 Census – 22,121 • 2010 Census activity underway. Kickoff was held Tuesday, February 16 at Food Lion Plaza in Bowling Green Caroline County 2010-11 Budget

  4. We’re Still Growing (cont)….. • Unemployment is 9.6 percent. • Only City of Fredericksburg is higher. • Record number of people utilizing the Department of Social Services. Caroline County 2010-11 Budget

  5. And Just When You Thought It Couldn’t Get Any Worse….. • State has to make up a $2 Billion shortfall. • Governor Kaine proposed a “Caboose Budget” that contains $514,842 worth of reductions for Caroline County. • The “Caboose Budget” joins with Governor McDonnell’s Budget for General Assembly consideration. Caroline County 2010-11 Budget

  6. Couldn’t Get Any Worse (cont) • Recordation Taxes projected to be down 42 percent or approximately $140,000 • Reductions in reimbursements from the Comp Board for Constitutional Offices - $415,586 • Reductions in Grant Reimbursements - $83,135 Caroline County 2010-11 Budget

  7. Couldn’t Get Any Worse (cont.) • Reductions in Electoral Board reimbursements - $8,000 • Forcing Localities to pick up costs for DMV data related to personal property - $5,000 • Discussions are that reductions could be even worse than what is on the table. Caroline County 2010-11 Budget

  8. Dealing with Now and Then…. • Revenue shortfall in current year’s budget could reach $300,000 – tied to Caboose Budget. • Last year, County government reduced all budgets 15 percent, except for Public Education; Filled only necessary positions; restructured capital program; and employees took six furlough days. • Downsized employee base by six positions. Caroline County 2010-11 Budget

  9. Rebuilding Fund Balance • Good strategy from 2000-2004. • Housing industry never met projections beginning in 2005. • General Fund loaned the Utility Fund $5 million. • Fund Balance has not recovered. Caroline County 2010-11 Budget

  10. County’s Debt Amount….. • $27,054,606 – General Fund • $33,650,994 – Public Schools • $20,723,800 – Utility Fund • $ 3,281,477 – Dawn • $ 6,000,000 – Revenue Anticipation Note for cash flow. • Proposed budget pays back $6,646,013 in debt retirement. Caroline County 2010-11 Budget

  11. Uncertain County Revenue Picture….. • Collection of Permits, Fees and Licenses – Down $190,000. • Revenue from Use of Money and Property – Down $85,000. • Recovered Costs – Down $185,000. Caroline County 2010-11 Budget

  12. Uncertain Revenue Picture (cont.)…… • Real property tax rate proposed to stay the same at $0.53 x $100. • Reassessment underway that costs the County $200,000. • Budget proposed on the BOS equalizing the tax rate in line with property reappraisal. Caroline County 2010-11 Budget

  13. Uncertain Revenue Picture (cont.)……. • Dominion Power project – additional $600,000 in Public Corporation taxes. • Proposed is a five percent increase in user rates for utility customers that would generate $320,000 for the Utility Fund. • Utility Debt will continue to be paid by the General Fund. Caroline County 2010-11 Budget

  14. Increased Fixed Costs….. • Matching premium payments for employee health insurance - $121,000. • Picking up contributions to retirement and life insurance - $165,000. • Increases in General Property expenses with more buildings on line. Caroline County 2010-11 Budget

  15. Increased Fixed Costs (cont.)….. • Increases to Regional Correctional Institutions - $217,605. • Proposal is $100,000 less than requested by the institutions. Caroline County 2010-11 Budget

  16. Proposed Reductions to Meet Revenue Shortfalls……. • Decrease personnel costs through attrition, reductions in force and across-the-board salary reductions - $995,000 in savings. • This includes a reduction of 14 full-time positions. Caroline County 2010-11 Budget

  17. Proposed Reductions to Meet Revenue Shortfall (cont.)…… • Across-the-board salary reductions would include one percent for those employees making $40,000 or less; and two percent for those employees making over $40,000. • Other reductions include: • Contributions to outside agencies - $57,500. Caroline County 2010-11 Budget

  18. Proposed Reductions to Meet Revenue Shortfalls (cont.)….. 2. Elimination of Summer Jobs Program - $10,000 savings. 3. Closing of the Cannery - $17,000 savings. 4. Reduction to County Health Department - $27,000 savings. Caroline County 2010-11 Budget

  19. Proposed Reductions to Meet Revenue Shortfalls (cont.)….. 5. Reducing hours at certain Solid Waste Convenience sites - $95,000 savings. Caroline County 2010-11 Budget

  20. Revamped Capital Program…. General Fund Projects • Repairs to Knuckleboom Truck - $60,000. • Repairs to Fire Engine for Port Royal - $60,000. • Roof replacement at Public Works Building - $13,000. Caroline County 2010-11 Budget

  21. Revamped Capital Program (cont.)……. • Victory Park - $75,000. Utility Fund Projects • Rappahannock River Permitting - $462,500. • Interim Water Plan - $554,500. • Expansion of Wastewater Treatment Plant - $2 million. Caroline County 2010-11 Budget

  22. Revamped Capital Program (cont.)…… • Utility Equipment - $140,000. Caroline County 2010-11 Budget

  23. Efficiencies in Fire and Rescue…… • Proposed Budget relieves volunteer companies from using their own money to fund operations. • Some financial functions moved directly under the Chief’s supervision. • Volunteer funds directed to companies answering the most calls. Caroline County 2010-11 Budget

  24. 2010-11 Budget Summary • Overall Budget - $89,188,378 – 4.3 percent more than FY 2010. • Operating Budget - $85,956,378 – 0.5 percent more than FY 2010. • General Fund Budget - $34,565,856 – 0.3 percent less than FY 2010. Caroline County 2010-11 Budget

  25. Education…… • Proposed local share is $10,900,000 - $442,281 less than FY 2010. • Composite Index requires Caroline County to fund at least $10,600,000. • School Board Budget presentation scheduled for March 9. Caroline County 2010-11 Budget

  26. General Fund Transfers….. • Debt Retirement - $1,889,904 • Social Services - $407,073 • Public School Division - $10,900,000 • Comprehensive Services Act - $405,356 • Dedicated Revenue from Personal Property Tax - $1,574,999 Caroline County 2010-11 Budget

  27. Human Resources…. • Budget funds 173 full-time and 60 part-time employees. This is 13 fewer full-time positions than in FY 2010. • Proposal to establish County Attorney as an employee rather than a contracted service. Caroline County 2010-11 Budget

  28. Public Utilities……. • Operations will continue to be self-supporting with this Budget proposal. • County receives approximately $20,000 per month to provide water to Lake Caroline. • Also restored is $62,000 to provide water and sewer to VDOT rest stop on I-95. Caroline County 2010-11 Budget

  29. Conclusion • County now realizing the financial nightmare of the state and financial scenes. • Deep reductions in revenue are off-set by deep cuts in personnel and salary reductions. • Takes staffing back to near 2006-07 levels. Caroline County 2010-11 Budget

  30. Conclusion (cont.)….. • General Assembly actions will likely not make financial conditions any better, but could make them worse. • Budget proposals could be moved up before July 1 in order to make up $300,000 shortfall in this year’s Budget. Caroline County 2010-11 Budget

  31. Thanks! • To Fran Hatcher, Director of Finance, for putting the Budget document together. Caroline County 2010-11 Budget

  32. Questions and Comments! Caroline County 2010-11 Budget

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