HomeMy WebLinkAbout2013-12-19 Budget Meeting Agenda OverviewDeschutes County Budget Committee Meeting
December 19, 2013
1:30 p.m. — 4:00 p.m.
1) Opening Comments — Tom Anderson
2) County Financial Update — Wayne Lowry
a) Mid Year Projections
b) PERS Projections
c) Development Activity
d) Room Tax Performance
e) PILT/Forest Receipts
f) Solid Waste Loan Repayment
g) Health Benefits Trust
3) Budget Assumptions for 2014/15
a) COLAs
b) Health/Dental Insurance Rates
c) PERS Rates
d) Property Taxes
e) Internal Services
4) Status of Budget Issues by Department — Tom Anderson, Erik Kropp
a) Assessor
b) Clerk
c) District Attorney
a. Technology Update
b. Civil Commitments
d) Adult Parole and Probation - JRP Program
e) Juvenile Justice — Detention Update
f) Sheriff — Jail Expansion
g) 911 - Staffing
h) Justice Court — Mid -Year Report
i) Health Service/Behavioral Health — ACA Impacts
j) Roads — PILT and SRS Funding
k) Solid Waste
Deschutes County
Budget Committee Update
December 19, 2013
Budget Committee Update
• Financial Update through November
• Budget Assumptions for 2014/15
• Status of Budget Issues by Department
• Departmental Presentation Format
• Budget Calendar
• Other Items
12/19/2013
1
County Financial Update
• YTD through November 2013
— General Fund
— A/V and Property Taxes
• PERS Projections
• Development Activity
• Room Tax
• PILT/Forest Receipts
• Solid Waste Loan Repayment
• Health Benefits Trust
General Fund
Actual
2013
Property taxes
20,734,019
Other Revenue
Total Revenue
Operating
Expenditures
Budget
2014
YTD 2014
Nov 2013
Projection
2014
21,032,062 19,390,111 21,531,062
6,989,608 5,475,872 3,125,400 5,585,872
27,723,627 26,506,934 22,515,511 27,116,934
12,480,872
13,830,501
5,227,016
13,454,798
Transfers 13,930,307 13,615,578 6,119,318 13,615,578
Total
Expenditures
Beginning Fund
Balance
Ending Fund
Balance
26,411,179
9,059,394
27,446,079
9,500,000
11,346,334
10,371,843
27,070,376
10,371,843
Variance
500,000
110,000
610,000
375,703
375,703
871,843
10,371,843 8,560,855 10,418,401 1,857,546
12/19/2013
2
45,000,000
40,000,000
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0
Assessed Value
07 08 09 10 11 12 13 14
Countywide Sheriff Unincorp
at 3% per year Countywide Market Value
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0
Property Taxes
2007 2008 2009 2010 2011 2012 2013 2014
General LED #1 LED #2
12/19/2013
3
30%
28%
26%
24%
22%
20%
18%
16%
14%
System -Wide Base Pension Rates
2011-2013 2013-2015 2015-2017 2017-2019 2019-2021 2021-2023 2023-2025 2025-2027 2027-2029 2029-2031 2031-2033
—N-7-75%: Current Policies --7 75%: EAN, 70/130 Collar •4-7.75%: EON, 70/130 Collar & 20 yr T1T2 fresh start
25
20
15
10
5
0
County PERS Rate Projections
N m In l0 N 00 01 0 .-1 N m a
.--I .--I .-i .—I .--I .1 cs .--I N N N N N
.\-I N M M LOO N W Q\] 0 .\i N M
.--I .--I .-i e3- .-i e3- .-1 .-i I -I N N N N
—PERS Projected Rates Dept Rates
12/19/2013
4
16,000,000
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
PERS Costs
2012 2013 2014 2015 2016 2017 2018 2019 2020
—Annual Costs Using Reserves
Development Revenues
3,000,000
2,500,000
2,000,000 —
1,500,000
1,000,000
500,000
0
.-i N m •7 IJ lD N 00 cn o , 1 N m
0 o o o o o 0 O o
0 0 0 0 0 0 0 0 0 0 0 0 0 0
N N N N N N N N N N N N N N
Building
Planning
Electrical
Environmental
12/19/2013
5
4500000
4000000
3500000 -
3000000
2500000
2000000
1500000
1000000
500000
0
�c) 00 00'y 00'L 00" 00A 00h 000 00'� 000 00� ON. ON. ON, ON, O,a
ti ti ti ti ti ti ti ti ti ti ti ' ' ti ti ti
Room Tax
Room Tax Revenue
-Room Tax Revenue
4,000,000
3,500,000
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
0
Federal Forest Receipts
2008 2009 2010 2011 2012 2013 2014 2015
— PILT
— Forest
Total
12/19/2013
6
Solid Waste Loan @ June 30, 2013
• Humane Society • Jail Project
— Borrowed $1,445,587 — Borrowed $3,142,672
— Repaid $ 870,087 — Repaid
— Interest $ 40,539 — Interest $ 106,693
— Balance $ 616,039 — Balance $3,249,366
Repayment Strategy
• 2013/14 General Fund
— Increase in Fund Balance
— Divert CDD transfer
— Total Repayment for 2013/14
$500,000
$465,121
$965,121
• 2014/15 General Fund
— Room Tax performance $400,000
— Divert CDD transfer $500,000
— Total Repayment for 2014/15 $900,000
12/19/2013
7
Repayment Strategy
• 2015/16 General Fund
— Balance of Repayment
$1,400,000
Health Benefits Trust
Actual
2013
Budget
2014
YTD 2014 Projection Variance
Nov 2013 2014
Dept Premiums
Other Revenue
Total Revenue
Personnel
Admin/Wellness
DOC
Pharmacy
Total
Expenditures
Beginning Fund
Balance
Ending Fund
Balance
12,874,815 14, 269,138
3.265,725 3,681,576
16,140, 540 17,950,714
197,101 209,676
15,762,814 16,378,916
886,351 963,560
1,877,480 1,800,880
18,723,746
14,551,028
19,353,032
11,700,000
5,971,872 14,332,491
1,485,947 3,650,171
7,457,819 17,982,662
63,353
-31,405
31,948
71,555
175,536 34,140
6,062,135 15,307,765 1,071,151
410,709 980,376 -16,816
756,108 1,800,880
7,300,508
11,967,822
18,264,557 1,088,475
11,967,822 267,822
11,967,822 10,297,682 11,685,927 1,388,245
12/19/2013
8
County Health Benefits Trust
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
—Revenues Expenditures - - Ending Balance
To be Determined
• Per Employee Rate to Departments and other
participants
• Target Reserve Balance
• Proposed Benefit Changes if any
• Proposed changes to co -pays if any
12/19/2013
9
2014/15 Budget Assumptions
• COLA —12 mo thru Nov 13 1.2% 1.5%
• Change in Health rate <6.0%
• PERS rates slightly lower
• Assessed Value Increase 3.5%
Internal Service Funds Strategies to
limit impacts on Operating
Departments
• Reduce or eliminate BOCC from Internal Charges
• Reduce ISF reserve balances where possible to
one month expenditure
• Internal funds will charge each other before
charging operating departments
• Limit increases to wage and benefit factors
• True up internal charges before the end of the
2015 fiscal year to actual.
12/19/2013
10