Item B
Fiscal Year 2006
Monroe County
Budget
Overview of the Fiscal Year 2005
Adopted Budget
Office of Management & Budget
Topics of Discussion
. Current Budget
. Trends
. Major Issues
Office of Management & Budget
Revenue Breakdown by Source
Sources
Taxes
Licenses & Permits
1,465,000
Inter overnmental Revenue
eba es for Services
Fines and Forfeits
MiscelIaneous
Inter-fund Transfers
Debt Proceeds
Fund Bal Fwd! Less 5%
Total Sources
11,846,519
43,125,788
1,299,000
4,164,287
11,386,854
24,950,144
110,740,005
$269 10 004
FYOS
0/0 of
Total
32%
1%
4%
16%
0%
1%
2%
0%
44%
100%
Office of Management & Budget
Revenues
$298,042,843
Where the Money Comes From (Sources)
FY 2005 - All Funds _ Fines and Forfeits
.45%
_ Chargp for
Services
16%
_ Intergpvernmental
Revenue
4%
_ Licenses &
Permits
.55%
Office of Management & Budget
~ Types of Taxes
:&-:'-::;'1; _."~
Ad Valorem ( " 70,173,327
.'-YJ
One Cent Sales 10,500,000
Tourist Development 13,495,217
Fuel 1,275,000
Franchise 683,000
Totals 596,126,544
Office of Management & Budget
Breakdown of Taxes
$96~126~544
. TOe
14.03%
. "Ad
Valorem
($70.1
million)
73%
*23.5% of total budget
Office of Management & Budget
~
..../J:iW.~
" C'<'" " ,
Appropriations
Breakdown By Use
FY03 FY04 FYOS
Adopted Adopted % of Total
Uses
General Government Services 44,952,408 60,453,981 20.6%
Public Safety 61,600,287 68,762,367 24.9%
Physical Environment 17,093,972 18,594,400 7.0%
Transportation 35,328,514 27,777,639 10.10/0
Economic Environment 24,221,802 22,853,809 8.7%
Human Services 28,661,715 32,296,178 11.2%
Culture & Recreation 6,706,310 10,536,779 3.5%
Other Uses 42,347,082 41,515,167 12.7%
Court - Related Expenditures 8,397,914 7,305,785 1.3 %
Total Uses $269,310,004 $290 096 10S 100%
Office of Management & Budget
..
.~!
Appropriations
$298,042,843
Where the Money Goes (Uses)
FY 2005 - All Funds
. General Government
Servke.
110/0
. Public Safety
15%
Pbyskal
Environment
70/0
Office of Management & Budget
FY 05 Constitutional
Approp~ations
Operating
Divisions
BOCC - $238.5 Million
Sheriff - $45.7 Million
Other Constitutional- $13.75 Million
Office of Management & Budget
BOCC Divisions $148.5 Million
~
~ ,
BOCC ~
Public Growth Public Management Community
Works Management Safety Services Services
$82.8M* $11.9M $18.9M*** $28.0M- $6.9.M
* Includes Capital Plan
** Includes Group Insurance, Worker's Compensation, & Risk Management
*** Includes Marathon Airport
Office of Management & Budget
...
Other - $89.7 Million
I sacc I
I
sacc Tourist County
Administrative Council Fire Rescue Attomey
$48.7M * $22.8M $10.3M $1.3M
Veteran County Medical Public
Affairs Administrator Examiner Defender
$559.0K $505.3.K $552.7K $412K
State Key West
Attorney Airport Guardian Ad
$272.4K $4.6M - Litem $139K
* Includes Reserves and Human Service Organizations.
Office of Management & Budget
Major Trends
Property Values
Ad Valorern Millages
Office of Management & Budget
County Property Value Trend
III
B
...
-
is
18.000
17.000
16.000
15.000
14.000
13.000
12.000
11.000
10.000
9.000
8.000
2001 2002 2003 200.. 20GS
Office of Management & Budget
~ Homestead:d Properties
. As of 2004 Final Tax Role - 90,024 parcels.
. 25,081 with Federal, State, or Local Government
Exemption ($4,950,198,242).
. 17,784 parcels with Homestead Exemption.
. Homestead exemption - property value
totaling $443.0 million exempted.
. Save our homes - property value totaling
$2.87 billion over save our homes cap.
Office of Management & Budget
~ Ad Valore~~illage Trend
6.0000
5.0000
'.0000
3.0000
2.0000
1.0000
0.0000
~ CowIty-wide
~
.. . . ... 1m:. . un .. ..
"............. /. .~
. ;;:::::
%5,. . ~ 3,1736
.11 .... . -.
~.. AU ~ : ~: 2.268.
.4'32 , ,1";& 1 '1_&11.. ... 1.1901
__ Lower Keys
Municipal
2000 2001 2002 2003 2004 2005
-.- Key Largo
Municpal
Office of Management & Budget
Changes in Property Taxes
..
.~~i ,
" : ''''___,'_W''',d...,...,
. References to average increase/decrease
in millage rates.
. Homesteaded properties often come in
under this average percentage.
. Non-Homesteaded and Commercial
properties often come in over the
average percentage.
Office of Management & Budget
Millage Percent Above or Below Rolled
"" Back Rate
Office of Management & Budget
Millage % Above or Below Rolled Back
FY 2002-2005
25.00
20.00
15.00
10.00
5.00
0.00
-5.00
-10.00
-15.00
2002
. General Fund
I!lI Law Enilrcement
. Local Health Unit
. MunicIpal Services L & M Keys
. MunicIpal Services Dist. 6
. Aggregate
2003
2004
2005
Office of Management & Budget
~
."~ \
Major Issues
Compensation Issues
Florida Retirement System Rates
Group Benefits
Insurance
Article Five
Office of Management & Budget
~
:~!;~;'i,:;? ;:-
.,::" i
Major Issues Continued
Non-profit Funding
State Budget Issues-Cost Shifting
State Budget Issues-Loss of
Revenue
Fund Balances
Office of Management & Budget
"" Compens~~i~n Issues
· Across the board increases used in FY 04' (2.4%) and FY 05 (7.0%)
Budget.
· Estimated budget impact of $640,000 per 1% ($580,000 ad valorem)
for BOCC and Constitutional Officers.
· Ranges were increased 3.4% to keep pace with inflation. (3.4% =
$2,175,000) BOCC only
· Consumer Price Index increased 3.3% year over year.
· Sheriff reached an agreement with it's Union F.O.P. which provided a
25% salary increase over 3 years. First year (2005) 10.25%.
· Firefighters salaries increased 8% according to the first tier of that
contract although negotiations are still in the process.
· Teamster's bargaining unit received 7%, although negotiations are
ongoing.
Office of Management & Budget
'lOrida Retirem~:t System Rates
. Effective July 1, 2005, FRS rates are
expected to increase moderately.
. Budget impacts - BOCC and Constitutional
Officers.
. Subject to change in 2005 legislative
session.
Office of Management & Budget
Full Time Equivalent Breakdown
FYOS
BOCC - 529.5
Clerk of Courts - 100.00
Tax Collector - 56.00
Property Appraiser - 47.00
Court Administration - 33.5
TDC - 12.50
Supervisor of Elections - 12.00
Land Authority - 2.00
State Attorney - .25
Public Defender- 1.25
*Does not include grant funded positions.
Office of Management & Budget
Salary Increment History
Salary Adjustments for past 15 years
8
7
6
~ 5
.
i 4
OJ
~ 3
2
o
1991 1992 1993 1994 1995 1996 1997 1998 19992000 2001 2002 2003 2004 2005
Yea"
Office of Management & Budget
~
. Medical costs continue increasing
nationwide.
. No increase in employee rate planned for
FY06 due to actions previously taken.
Group Insurance fund has recovered
substantially as of 9/30/04.
. Self insured for excess coverage.
Group Benefits
Office of Management & Budget
Group Benefits Cost
-- Medral --- Phanmceuti:als -- Denlal& Vision"
$11,000.000
$10,000,000
$9,000,000
$8,000,000
$7,000,000
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,OOO,ooq,
$-
71 $1,535,138
FYOI
FY02
FY03
FY04
FY 05 EST
* Voluntary Dental and Vision added for Fiscal year 2004.
Office of Management & Budget
Worker's Compensation Fund
. The Fiscal Year 2005 Worker's Compensation
fund reflects continued stability.
· Reduction of approximately $250K in FY 05.
· Anticipate an additional reduction of internal
billings in FY 06.
Office of Management & Budget
~
lC.
"<'1. '
Insurance
. Insurance rates are constant.
. Projecting No increase on policies.
. No budget impact
Office of Management & Budget
Insurance Cost History
St,2lt,310$ 1,}IHI,28lS J.3a8,~80
$1,076,121' ....... .. ,.'.
S85~' ^
!
~~ ~~ ~~
~~ ~e'b>
.~ri'
.q,,"~
~~
Office of Management & Budget
Shadek Settlement
· Final payment of $1.4 made February
2005.
· $3 million Infrastructure Sales Tax over
3 years. FY 05 portion $0
· $2.9 million General Purpose MSTU over
3 years. FY 05 portion $1.4 million.
· Provides Relief for General Purpose
MSTU going forward.
Office of Management & Budget
~
c>''^'.. ..
· BOCC adopted recommendation of Human
Service Review committee.
· Funding of $1,404,500 for FY 05.
· We anticipate additional requests for Non-
Profit and new first-time requests in FY 06
due to changes at both the State and
Federal Level.
Non-Profit Funding
Office of Management & Budget
~ Non-Profit F:ding History
1,700,000
1,300,000
900,000
500,000
100,000
1,376,350 1,467,428
1,30..'58 1.404,508
1,128,15& ..
784.'68
FY01 FY02 FY03 FY04 FY05
I_HSAB Funding -BOCC Direct Funding ~
* FY 03 funding reflects changes recommended by the Human Services Review Committee.
Office of Management & Budget
tate Budget Issues-Cost Shifting
· Cost Shifting mandated by the State based on population.
· $165,988DJJ Detention Predisposition costs shifted from the
State to Monroe County.
· County was billed for County and state Juvenile Detention Cost
Share under CS/SB 2564 (Ch 2004-263) Florida Statutes.
· In a Lawsuit against the DJJ and Chief Financial Officer of the
State, the court ruled in favor of the counties.
· State Shared Revenues could not be withheld, and advised
counties not to make payments to the DJJ under section
985.2155 of the Florida Statutes.
· Elimination of State Programs without a mandate to continue
service.
· Misdemeanor Assessment of Juveniles
. Adult pretrial intervention
Office of Management & BUdget
Fund Balances
i-
t:: .
· Audited fund balance figures will be
available later in March.
· Preliminary Review of Fund Balances
· 102-Road and Bridge.
· 147-Unincorporated Parks & Beaches.
· 158-Miscellaneous Special Revenue.
· 304-0ne Cent Infrastructure Sales-Tax.
Office of Management & Budget
Summary of Issues*
~
Salary Increases (per 1%)
FRS Rate Increase
Group Benefits
Insurance
Shadek Settlement
State Budget Issues -
Loss of Revenue
Cost Shifting
-'Total
Estimated Impact Ad Valorem Funds
$640,000
$600,000
$No Increase
$580,000
$540,000
$No Increase
$150,000 $135,000
Final Payment Made During FY 05
Total Impact of
State Issues Unknown
*This only covers the key areas covered in this presentation, other issues may arise
during the budget process.
Office of Management & Budget
Direction from Board
d valorem increase?
. Aggregate
. Districts
. Countywide
· Policy for prioritization of projects in One Cent
Infrastructure Surtax Fund
· Policy for Compensation impacts relating to
Constitutional Officers' Budgets
· Policy for State Mandated Programs
· Article Five Unfunded Programs formerly state funded
· Human Service Advisory Board Policy
· Addition of Positions?
Office of Management & Budget