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Item C20 BOARD OF COUNTY COMMISSIONERS · d ^ IS Of" AGENDA ITEM SUMMARY "RevIse /"\ Meeting Date: J!muarv 17,2007 Divi,i,", "0""" md Fi~~ ~ 0 Department: OMB 7 Bulk Item: Yes ---K- No Staff Contact Person: Tina Boan- 4472 AGENDA ITEM WORDING: Approval to advertise a Budget Amendment for General Fund 001, Uninc Svc Dist Parks & Recreation Fund 147, and Planning, Building, and Zoning Fund 148. And Approval of a resolutian concerninl! the transfer of funds. ITEM BACKGROUND: See attached memo. PREVIOUS RELEVANT BOCC ACTION: Previously Adopted FY 07 Budget, BOCC approved at the September 20, 2006 regular meeting. CONTRACT/AGREEMENT CHANGES: NONE STAFF RECOMMENDATIONS: Approval TOTAL COST: N/A BUDGETED: Yes No COST TO COUNTY: N/A' SOURCE OF FUNDS: Various Fund Bal REVENUE PRODUCING: Yes No AMOUNT PER MONTH_ Year APPROVED BY: County Atty _ OMBlPurchasing _ Risk Management_ DOCUMENTATION: Included X Not Required_ DISPOSITION: AGENDA ITEM # C-22 Revised 8/06 Salvatore R. Zapp Division Director Oftice of Management & 1100 Simonton Street Key West. Florida 33040 January 4. 2007 ,-.-..'....--- , BOARD OF COUNTY COMMISSIONERS Mayor Mario Di Gennaro, District 4 Mayor Pro Tem Dixie M. Spehar, District 1 George Neugent, District 2 Charles "Sonny" McCoy, District 3 Sylvia l Murphy, District 5 Thomas ,I. Willi County Administrator Monroe County Board of County Commissioners 1100 Simonton Street Key West, Florida 33040 We have been notified by the Clerk of the Circuit Court, that the General Fund Balance has come in lower than our estimate. This means that we currently have more of the General Fund appropriated than there is in Fund Balance by approximately $1,104,777. This places the General Fund (001) in a deficit position. Specifically, the current appropriated amount of the fund balance of $18,301,883 exceeds the actual ending Fund Balance of $17, 197.706. During the budget process. there was a push by the Commission and County Administration to bring down the aggregate percentage over the rolled back rate. That request was made as a result of the tremendous tax increase necessary in the Fine & Forfeiture Fund caused by the annual increases in the Sheriffs budget, and the continuing cash flow problem caused by that budget. Additionally, the reduced fund balance at the end 01'2005. which fell to a low 01'$8,167,075, exacerbated the cash flow problcm in that fund. The Board of County Commissioners has a policy in place that specifies how much of the cstimated fund balancc is appropriated each year.' During fiscal year 2002 the Board approved the pay-olT of the Refunding Bonds Series 1993(88)' using approximately $3.5 milli"on of the General Fund Balance. Additionally at this time, the Board changed the percentage of how much of the estimated fund balance to appropriate from 70% to 75% in order to make up for this fund balance reduction. In 2005, thc Board approved the appropriation of an additional 2.5% of the estimated ttmd balance, bringing the total to 77.5%. The thinking here was to decrease General Fund taxation by appropriating more of ftmd balance. In 2006 the Board gave approval to again appropriate 77.5% of the estimated Fund Balance. However, during the last two budgct hearings, the Board gave specific directions to reduce the percent over the rollcd-back rate in several of the ad valorem ttmds to "at or below the rolled back rate." This required that the Offiee of Management and Budget appropriate 80% of the anticipated ftmd balance in order to comply with the directions of the Board. (Please see attached exhibit distributed during budget hearings) The Office of Management and Budget has analyzed in detail the expenditures of the General Fund that exhibit how the fund Balance decreased Irom $27.765,786 at the cnd of September 2005, to $17.197.706 at the end of September 2006. It should be noted that included in thc fund balancc at September 2005 was $4.5 million received just prior to the close of the fiscal year I()J' the sale of land on Stock Island. Page tw(~General Fund Memorandum The following is a listing of some of the expenditurcs that t()ok place in the General Fund during 2006 that we consider extraordinary. Hurricane Match to Grant Fund (125) - (Fiscal 06 portion only) $3.000,000 Transfer of Funds to Growth 'Management (148) - T() Cover Lcgal Fees Shortfall 500.000 Increase in Not- For- Profit Funding 1.293,445 Non-FEMA eligible Hurricane Costs Includes Tropical Storm Ernesto (Not Declared) 999,775 Additional outside legal council costs (includes anol'dable/workforce housing consulting costs) 714.000 Computer Hardware and Peripherals, including ADS consulting expenditures during absence of technical services director. 800,000 Subtotal 7,307,220 Various Salary related expen.ditures including new positions and Retirement rate Increases as per the Florida Retirement System (FRS) 1,900,000 Across the Board Increases in spending in the General Fund. 800,000 Total General Fund Expenditures/Decrease in Fund Balance $10,007,220 The Office of Management and budget has also analyzed the timing of the General Fund expenditures during 2006. As previously mentiol1ed in this memorandum, the total expenditures for the year were $46,250,958. The Chart below presents by quarter the actual 2006 expenditures. Millions $5.00 10 Millions I $20.00 $15.00 $10.00 $0.00 1stQtr 2nd Qtr 3rd Qtr 4thQtr The Office of Management and Budget uses a variety of techniques to predict expenditures during the budgeting process. Our analysis based on past experience and based on the total expenditures through the third quarter of fiseal 06 suggested. that approximately $ 9.0 million would hc spent in the linal three months of 2006; especially in light of the fact that a purchasing Ireeze had been in elTeet beginning in August. It should be noted that our analysis of past years total actual expenditures fc)r the General Fund are as Jollows: ,--------..' ---.---------- -..--.,.- Fiscal Year Total Expenditure % Inc/Dec ~------'-- 2002 $33,905,633 -.- 2003 $36,028,941 6.2% 2004 $37.402,227 3.8% , ~ 2005 $37.338,687 -.DCi J ~"f)' -~._- ----- 2006 $46.250,958 23.8% '-- ------,- ---.-----.--. Page thr,ce Geneml Fund Memorandum When expenditures increase so dramatically without a corresponding tax increase, the fund balance 1S drawn down dramatically as well. Immediate Corrective Measures Recommended by OMH Hold a public hearing in February' for a budget amendment reducing the Fund Balance forward from $18,30 I ,883 to 13,328,222 or 77.5% of the actual fund balance of $17,] 97,706. Specific Revenue Adiustments I) We recommend the redistribution of the half cent sales tax to 55% from 35%. We expect this to increase revenues by 1,888,354. 2) Adjust various revenue budgets based upon previous years actual revenue receipts. 3) Increase operating transfers from other funds through cost allocation charges not previously bill cd. Specific Expenditure Cuts I) Institute an immediate hiring freeze ( This includes all vacant and currently posted positions) 2) Suspend all General Fund Capital Expenditures. 3) Put on hold all 2006 General Fund Worker's Compensation Billings. 4) Across the board operating cuts, based on detailed analysis performed by OMB, 5) Limit Travel to one per year per department. 6) Reverse the recent policy change which provides a cash bonus of between I and 5% of the employee's salary. ( This was not budgeted) Section 2. 15B of the Personnel Policy and Procedure Manual. 7) Recommend a purchasing freeze that in the past has been implemented in the last quarter of the tiscal year be implemented immediately. The goals of the above stated specifics are to reduce expenditures by at least $2.7 million, and increase revenues by approximately $2.4 million, which makes up $5 million of the fund balance difference as stated above. This does not correct our current fund balance situation in the General Fund, which will have to be addressed during the next budget cycle, It is apparent that the 2008 expenditure budgets need to be drastically reduced, and appropriate taxation has to be passed by the commission in the General Fund to avoid this problem again in the future. OMB has asked for direction, and feels it is necessary for the Board to reach a consensus as to the appropriate fund balance level in the General Fund. cc. Danny L. Kolhage Debbie Frederick Board ofCoumy Commissioners (5) Budgeting Process lor Ad Valorem Funds Planning, General Fine & Fire & Municpal Uninc Parks Build, Code, Municipal Fund Forfeiture Ambulance Serv Dist 6 & Beaches Fire Marshal Policing 2006 Projected Actua 1 ooi 101 141 146 147 148 149 .. Beginning Fund Bal per FY 05 CAFR 27.765,786 S,167,075 1,703,796 .t71A1)5 1,079,105 5,469,010 9JO,8()2 Revenues All Taxes 16,863,840 41.424.204 7,356,096 1.225,000 974.276 71,000 4,033,802 other revenue 21.146,055 6,551,643 886,3 71 48,161 856,579 10,098,000 3,062,545 Total 38,009,895 47,975,847 8,242,467 1,273,161 1,830,855 10,169,000 7,096,347 Expenses total 43,000,000 49,193,8] ] 7,730,000 1,009,198 1.501.765 9,500,000 7,000,000 Excess Rev over Exp (4,990,: 05) (1,217,964) 5]2.467 263,963 329,090 669,000 96.347 Estimated Ending Fund Balauce FY 06 22.77S.MII (,,949,111 2,21 (),263 735.45S 1,41IS,195 6,US,OI(1 1,027,209 Estimation Factor by Policy 0,75 0,70 0,70 0,75 0,75 0,70 0,70 Fund Balance to Appropriate 17,081.761 4,864,378 1,551.384 55U94 1.056,146 4.296,607 719,046 Estimation Factor increased by 2.5OA' 0,800 0,725 0,725 1.000 0,775 0,725 0,725 Increased Fund Balance to appropriate 18,220,545 5,038,105 1,606,791 735,458 1,091,351 4,450,057 744,727 2007 Budget Revenues: Taxes! Ad Valorem 17,930,646 50,512.467 7,545,939 0 ] ,034,825 73,553 4,366,042 delinquent taxes 36.469 35,000 2,000 0 1.356 1.000 1.896 other revenue 14,290,00 ] 2,345,000 638,000 0 580,000 8,752,664 2,820,437 transfers in 4,600,000 0 0 0 0 0 0 less 5% ( 1,612,856) (2,644,623) (409297) 0 (80,809) (44 L36 i ) (359,419) Fund Sal Fwd Rounded from Above 18,311,373 4,911,378 1,606,791 735,458 1,091,351 4,450,057 744,727 Total 53,555,633 5:5.15l).22I 9,383,43,\ 735A58 2,626,723 12,S35.91J 7,57J,68S Appropriations: operating 48,850,294 45,952,554 6.583,654 735,458 1,865,588 10,687.247 7,008,534 cash balance 2.190,114 8,561.492 1.106,160 0 271,009 650,000 400,000 transfers out 0 0 753,618 0 187,703 1,403,542 5,000 contingency 2,5] 5.225 645,175 940,000 0 302,423 95,124 160.149 Total 53.555.633 55. f 59,221 tl.j83AJl 735>~5S 2,h16.723 i 2.S35.913 757J.MB Excess Revenues over Appropriations 0 0 I 0 0 0 (0) EXHIBIT 2 Resolution No. - 2007 A RESOLUTION CONCERNING THE TRANSFER OF FUNDS WHEREAS, it is necessary for the Board of County Commissioners of Monroe County, Florida, to make budgeted transfers in the Monroe County Budget for the Fiscal Year 2007, now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, that there shall be transfers of amounts previously set up in the Monroe County Budget for the Fiscal Year 2007 as, hereinafter set forth to and from the following accounts: Fund #001 General Fund From: 001-5610-61503-530508 Cost Center # 61503 Health Care Respite Act 001-5130-06030-560640 Cost Center # 06030 Purchasing 001-5130-00104-530340 Cost Center # 00104 Gllvernment Enterprise Mgmt 001-5110-00101-560640 Cost Center # 00101 Board of County Commissioners 001-5110-00101-530310 Cost Center # 00101 Board of County Commissioners 001-5120-05000-530490 Cost Center # 05000 County Administrator 001-5130-00102-530460 Cost Center # 00102 Financial Package Clerk 001-5710-62024-560640 Cost Center # 62024 Libraries Key West 001-5710-62024-530310 Cost Center # 62024 Libraries Key West 001-5710-62026-560640 Cost Center # 62026 Libraries Marathon 001-5710-62026-560640. Cost Center # 62026 Libraries Marathon 001-5710-62028-560640 Cost Center # 62028 Libraries Islamorada 001-5710-62028-560640 Cost Center # 62028 Libraries Islamorada 001-5710-62030-560640 Cost Center # 62030 Libraries Key Largo 001-5710-62030-560660' Cost Center # 62030 libraries Key Largo 001-5140-67501-590990 Cost Center # 67501 County Attorney General 001-5530-67001-530400 Cost Center #67001 Veteran Affairs General General Fund 001 trnsfr to Cash Balance page I 50,000.00 500.00 8,000.00 6,608.00 20,000.00 5,000.00 5,000.00 10,000.00 20,000.00 7,300.00 4,700.00 5,500.00 4,500.00 5,600.00 9,000.00 40,000.00 3,000.00 C22 001-5710-62032-560640 Cost Center # 62032 Libraries Big Pine 001~5710-62032-560660 Cost Center # 62032 Libraries Big Pine 001-5220-12001-530540 Cost Center # 12001 Fire Academy 001-5220-12001-530409 Cost Center # 12001 Fire Academy 001-5190-20501-560640 Cost Center # 20501 Facilities Maintenance 001-5]90-20501-560641 Cost Center # 20501 Facilities Maintenance 00]-5190-20506-530460 Cost Center # 20506 ADA Compliance 001-5620-21000-560641 Cost Center # 21000 Animal Shelters 001-5620-61504-560640 Cost Center # 61504 Bayshore County Home 001-5620-61504-530400. Cost Center # 61504 Bayshore County Home 001-5690-61525-530409 Cost Center 61525 Social Service Transportation 001-5690-61525-530400 Cost Center 61525 Social Service Transportation 001-5]90-23506-560640 Cost Center 23506 Vehicle Replacement 001-5710-62023-560641. Cost Center 62023 Libraries Admin Supp 001-5710-62023-530400 Cost Center 62023 Libraries Admin Supp 001-5130-60000-560641 Cost Center 60000 Community Services Ad 001-5370-61000-560641 Cost Center 61000 Extension Services 001-5640-61501-530540 Cost Center 61501 Welfare Administration 001-5640-61501-530400 Cost Center 61501 Welfare Administration 001-5370-50005-560641 Cost Center 50005 Land Steward 001-5370-50005-530400 Cost Center 50005 Land Steward 001-5340-40501-530409 Cost Center 40501 Hazardous Waste 001-5410-22001-510120 Cost Center 22001 County Engineering General 001-5] 30-05004-530340 Cost Center 05004 File Management Services 001-5130-05002-530520 Cost Center 05002 Technical Services 001-5]30-05003-560640 General Fund 00 I trnsfr to Cash Balance page 2 9,400.00 2,600.00 24,000.00 5,180.00 181,525.00 40,000.00 134,600.00 1,873.00 5,000.00 1,500.00 10,000.00 3,000.00 212,339.00 3,697.00 1,200.00 1,356.00 592.00 2,500.00 5,000.00 1,079.00 1,000.00 1,000.00 50,000.00 66,204.00 50,000.00 100,000.00 C22 Cost Center 05003 technology Replacement 001-5130-06000-510120 Cost Center 06000 Grants 001-5130-06001-530520 Cost Center 06001 Office of Mgmt & Budget 001-5720-20502-530460 Cost Center 20502 Higgs Beach Maintenance 001-5110-00101-510240' Cost Center 00101 BOCC Administrative 001-6850-04100-510240 Cost Center 04100 Guardian Ad Litem 001-5130-04318-510240 Cost Center 04318 Supervisor of Election 001-5120-05000-510240 Cost Center 05000 County Administrator 001-5130-05002-510240 Cost Center 05002 Technical Services 001-5130-06000-510240 Cost Center 06000 Grants 001-5130-0600 I-51 0240 Cost Center 06001 Office of Mgmt & Budget 001-5130-06030-510240 Cost Center 06030 Purchasing 001-5130-06500-510240 Cost Center 06500 Personnel 001-5250-10501-510240 Cost Center 10501 Communications 001-5260-11000-510240 Cost Center 11000 Emergency Med Air Tran 001-5220-12001-510240 Cost Center 12001 Fire'Academy 001-5250-13500-510240 Cost Center 13500 Emergency Management 001-5190-20000-510240 Cost Center 20000 Public Works Management 001-5190-20501-510240 Cost Center 20501 Facilities Maintenance 001-5720-20502-510240, Cost Center 20502 Higgs Beach Maintenance 001-5410-22001-510240 Cost Center 22001 County Engineering General 001-5340-40501-510240 Cost Center 40501 Hazardous Waste 001-5370-50005-510240 Cost Center 50005 Land Steward 001-5130-60000-510240' Cost Center 60000 Community Service Admin 001-5370-61000-510240 Cost Center 61000 Extension Services 001-5640-61501-510240 Cost Center 61501 Welfare Administration General Fund 001 tmsfr to Cash Balance page 3 50,000.00 10,000.00 1,000.00 1,496.00 339.00 1,830.00 1,411.00 2,354.00 310.00 823.00 256.00 733.00 638.00 6,804.00 1,729.00 7,106.00 4,812.00 89,619.00 53.00 8,981.00 4,866.00 3,069.00 458.00 240.00 2,046.00 C22 001-5620-61504-510240 Cost Center 61504 Bayshore County Home 001~5690-61525-510240 Cost Center 61525 Social Service Transportation 001-5710-62023-510240 Cost Center 62023 Libraries Admin Supp 001-5710-62024-510240 Cost Center 62024 Libraries Key West 001-5710-62026-510240 Cost Center 62026 Libraries Marathon 001-5710-62028-510240. Cost Center 62028 Libraries Islamorada 001-5710-62030-510240 Cost Center 62030 Libraries Key Largo 001-5710-62032-510240 Cost Center 62032 Libraries Big Pine 001-7140-62035-510240 Cost Center 62035 Law Library General Fund 001-5130-62500-510240 . Cost Center 62500 Marine Projects 001-5540-65004-510240 Cost Center 65004 Affordable Housing 001-5530-67001-510240 Cost Center 67001 Veterans Affairs General 001-5530-67003-510240 Cost Center 67003 Vetel."an Affairs Transp 001-5140-67501-510240 Cost Center 67501 County Attorney General 001-5130-69000-510240 Cost Center 69000 Tax Collector 001-5130-69200-510240 Cost Center 69200 Property Appraiser 001-6020-69600-510240 Cost Center 69600 State Attorney 001-6030-69800-510240 Cost Center 69800 Public Defender 001-6050-80002-510240 Cost Center 80002 Judicial Support 001-6890-82004-510240 Cost Center 82004 Oth Circ Ct Juvenile 001-6510-82007-510240 Cost Center 82007 Family Court Case Mgmt 001-6220-83001-510240 Cost Center 83001 Circuit Drug Court 001-6230-83500-510240 Cost Center 83500 Pretrial Release 001-7130-84500-510240 Cost Center 84500 Information System 001-5250-04537-590990. Cost Center 04537 Hurricane 001-5250-10501-510120 8,520.00 18,118.00 980.00 1,391.00 618.00 518.00 678.00 394.00 117.00 4,694.00 319.00 4,871.00 2,566.00 3,239.00 17,000.00 100,000.00 128.00 2,654.00 278.00 168.00 213.00 925.00 1,174.00 332.00 100,000.00 171,122.81 C22 General Fund 001 trnsrr to Cash Balance page 4 Cost Center 10501 Communications 001-5250-10501-510210 Co~t Center 10501 Communications 001-5250-10501-510220 Cost Center 10501 Communications 001-5250-10501-510230. Cost Center 10501 Communications 001-5250-10501-530520 Cost Center 10501 Communications 001-5250-10501-560640 Cost Center 10501 Communications 1,044.99 16,852.90 31,995.00 15,092.30 63,892.00 To: 001-5130-85500-590991' Cost Center # 85500 Reserves 001 1,890,221.00 BE IT FURTHER RESOL YED BY SAID BOARD, that the Clerk of said Board, upon receipt of the above, is hereby authorized and directed to make necessary changes of said items, as set forth above. PASSED AND ADOPTED by. the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held on the 17th day of January, AD 2007. Mayor Di Gennaro Mayor Pro Tern Spehar Commissioner McCoy Commissioner Neugent Commissioner Murphy BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: Mayor/Chairman (Seal) Attest: DANNY L. KOLHAGE, Clerk General Fund 001 trnsfr to Cash Balance page 5 C22