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Bexar County Budget Department August 9, 2011

Bexar County Budget Department August 9, 2011. Budget Update FY 2011-12. April Long Range Forecast. FY 2010-11 Recap.

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Bexar County Budget Department August 9, 2011

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  1. Bexar County Budget Department August 9, 2011 Budget Update FY 2011-12

  2. April Long Range Forecast

  3. FY 2010-11 Recap April 2011—Budget presented an outline of targeted cuts needed to balance budget through forecast period, while maintaining County capacity for service delivery and employee compensation • $2 M (annualized) mid-year savings from May Freeze • $5M from Attrition/Vacancy Program • $5M from targeted cuts in FY 2011-12 Budget • $5 M for Return on Investment (ROI) from use of Technology to be realized by FY 2012-13

  4. Revenue Update

  5. Revenues FY 2011-12 • Compared to April Projections: • Ad Valorem Tax revenues remain flat • April 2011 tax roll estimated a 2% loss compared to previous year, however the Certified tax roll received July 2011 remains flat compared to previous year. • Although appraisals on existing properties declined 2%, New Construction largely offset this loss. • Over $2 Billion still under appeal

  6. Other Revenues • However, this increase in tax revenue was offset in decreases in other revenues: • Geo Contract $2.9M lower for FY 2010-11 and FY 2011-12 combined (fewer Federal Inmates) • Mixed Beverage Tax- $1.25M lower (State Budget cuts) • Intergovernmental Revenue- $1.04M lower (State and Federal cuts) • Sales, Refunds and Miscellaneous -$1.5M lower • (Sale of Milagros Building, one-time revenue)

  7. Expenditures • In April the estimated expenditures for FY 2011-12 were $320,842,700. • Budget (with attrition/vacancy plans) is $325,570,670. Therefore approximately $5M in additional savings is needed to reach the target as presented in the April update. • Areas to gain efficiency may include: • Staffing of Court System • Cost savings from lower inmate population • Reorganization of departments under County Manager

  8. Expenditures • Criminal Justice comprises 69% of the County’s total General Fund Expenditures • This includes Adult and Juvenile Justice and Detention

  9. Forecast

  10. Reminder Other Expenses that must be addressed: • Increases in Healthcare cost (12% per year) • FY 2011-12 Retirement and Unemployment is increasing $1.3M • Continued declines in stock market could cause Retirement expenses to further increase • Service Delivery

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