[PPT] - 2018 Proposed Revenue Thurston County, WA PowerPoint Presentation

SLIDE 1

2018 Proposed Revenue

Thurston County, WA November 21, 2017

SLIDE 2

Commissioners’ 2018 Preliminary Budget

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Fund Type Revenue Expenditure General Fund 95,315,903 $ 103,514,176 $ Special Revenue Funds 91,413,513 99,201,075 Enterprise Funds 44,633,080 50,845,413 Internal Service Funds 29,565,969 35,043,689 Capital Funds 17,895,997 30,656,912 Debt and Bond Funds 7,309,223 7,162,700 TOTAL REVENUE 286,133,685 $ 326,423,965 $

SLIDE 3

Today’s Topic: REVENUE

RCW 84.55.120 requires a public hearing
Revenue sources that will support the proposed

2016 budget for all funds

Property tax revenue and levy increase

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SLIDE 4

2018 Proposed Operating Revenue: ALL FUNDS

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Taxes $ 116 M 42% Charges For Goods & Services $ 82 M 30% Operating Transfers $ 29 M 11% Intergov't Revenues $ 26 M 9% Others $ 20 M 8%

Category 2018 Taxes 115,809,351 $ Charges For Goods & Services 81,986,534 Operating Transfers 29,294,143 Intergov't Revenues 26,032,471 Others 20,451,872 TOTAL OPERATING REVENUE 273,574,371 $ TOTAL OPERATING EXPENDITURES 294,103,965 $

SLIDE 5

Examples of REVENUE

Taxes
Property Tax
Sales & Use Tax
Special Revenue Taxes, such as Treatment Sales Tax
Charges for Services
Payment from the state for Mental Health Services
Garbage disposal fees at the WARC
Internal service charges, such as Financial Services
Intergovernmental Revenues
Federal and State grants for services such as roads and housing
State revenue sharing, such as Liquor Profits
Operating Transfers
Transfer from Roads Account to Road Construction to account for projects
Others (Licenses and Permits; Fines and Forfeits; Miscellaneous Revenue; etc.)
Marriage and vehicle licenses
Construction Permits
Court fines, such as speeding tickets
Investment Interest

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SLIDE 6

Distribution of PROPERTY TAX

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SLIDE 7

Trend in SALES TAX

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12.2 11.8 10.7 11.0 11.1 10.9 11.5 12.5 13.2 14.2 14.5 15.7

$ 0.0 $ 2.5 $ 5.0 $ 7.5 $ 10.0 $ 12.5 $ 15.0 $ 17.5 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Dollars in Millions

SLIDE 8

SALES TAX Receipts by Business Type

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2013 2014 2015 2016 2017 Retail Trade 4,073,503 $ 4,317,313 $ 4,688,068 $ 4,828,230 $ 5,353,927 $ Construction 1,580,066 1,912,044 1,991,995 2,297,155 2,667,878 Accommodation and Food Services 668,580 689,840 764,446 834,905 947,195 Information 709,272 805,507 782,069 816,500 806,878 Wholesale Trade 708,127 631,965 640,239 672,479 698,143 All Other Sectors 1,826,610 1,904,822 2,067,715 2,310,826 2,444,289 TOTAL 9,566,157 $ 10,261,493 $ 10,934,532 $ 11,760,096 $ 12,918,310 $

Business Type January to October

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SALES TAX Receipts by Business Type

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$ 5,353,927 $ 2,667,878 $ 947,195 $ 806,878 $ 698,143 $ 2,444,289

$ 0 M $ 1 M $ 2 M $ 3 M $ 4 M $ 5 M $ 6 M

Retail Trade Construction Accommodation and Food Services Information Wholesale Trade All Other Sectors

2013 2014 2015 2016 2017

SLIDE 10

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Did you know?... In 2016, only 2% of Revenue came from Federal Grants. Thurston County received less than $6 Million out of $277 Million total.

Photo by Creative Commons

SLIDE 11

2018 GENERAL FUND: Revenue

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Taxes $ 59.7 M 63% Charges for Goods & Services $ 13.4 M 14% Intergov't Revenues $ 8.4 M 9% Operating Transfers $ 6.0 M 6% Others $ 7.8 M 8%

Category 2018 Taxes 59,675,000 $ Charges for Goods & Services 13,366,947 Intergov't Revenues 8,401,029 Operating Transfers 6,032,199 Others 7,840,728 TOTAL OPERATING REVENUE 95,315,903 $ TOTAL OPERATING EXPENDITURES 103,514,176 $

SLIDE 12

2018 GENERAL FUND Revenue: Taxes

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Real & Personal Property Taxes $ 39.5 M 66% Local Sales Tax $ 15.7 M 26% Diverted County Road Property Tax $ 1.5 M 3% Criminal Justice Funding $ 2.5 M 4% Others $ 0.5 M 1%

Category 2018 Real & Personal Property Taxes 38,000,000 $ Local Sales Tax 15,675,000 Diverted County Road Property Tax 1,500,000 County Road Property Tax Levy Shift 1,500,000 Criminal Justice Funding 2,500,000 Others 500,000 TOTAL 59,675,000 $

SLIDE 13

General Fund PROPERTY TAX Levy

Levy Increase
Last Year’s Levy

$ 37,709,478

Multiply by one percent

$ 377,095

New Construction
Value of new construction $ 491,135,090
Multiply by last yea’s levy rate 1.2639 $ 620,751
State Assessed Property
Growth in value of

$ 27,401,332

Multiply by last year’s levy rate 1.2639

$ 34,633

Refund Levy Amounts
General Fund $ 109,828
Highest Lawful Levy $ 38,851,785

Calculate the levy rate: divide Highest Lawful Levy by Assessed Value $ 32,217,198,564 = $ 1.2059

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SLIDE 14

PUBLIC HEALTH FUND (1500): 2018 Operating Revenue

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Charges for Goods & Services $ 6.4 M 39% Intergov't Revenues $ 6.2 M 38% Property Taxes $ 0.8 M 5% Others $ 3.0 M 18%

Category 2018 Charges for Goods & Services 6,390,728 $ Intergov't Revenues 6,228,109 Property Taxes 805,000 Others 2,950,516 TOTAL OPERATING REVENUE 16,374,353 $ TOTAL OPERATING EXPENDITURES 17,154,724 $

SLIDE 15

ROADS & TRANSPORTATION FUND (1190): 2018 Operating Revenue

Real & Personal Property Taxes $ 19.8 M 71% MVET Fuel TX‐CTY RD $ 5.2 M 19% Others $ 2.9 M 11%

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Category 2018 Property Taxes 19,750,000 $ MVET Fuel TX‐CTY RD 5,232,628 Others 2,932,725 TOTAL OPERATING REVENUE 27,915,353 $ TOTAL OPERATING EXPENDITURES 30,049,374 $

SLIDE 16

Housing & Community Renewal Fund (1400): 2018 Operating Revenue

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Category 2018 Fed Direct Housing 2,176,680 $ SG ‐ Dept of Commerce 2,136,139 Record Surcharge 1,328,316 Housing Contracts 585,000 Others 159,507 TOTAL OPERATING REVENUE 6,385,642 $ TOTAL OPERATING EXPENDITURES 6,563,357 $

Fed Direct Housing $ 2.2 M 34% SG ‐ Dept of Commerce $ 2.1 M 33% Record Surcharge $ 1.3 M 21% Housing Contracts $ 0.6 M 9% Others $ 0.2 M 2%

*SG = State Grant

SLIDE 17

SOLID WASTE FUND (4030): 2018 Operating Revenue

*O/T = Operating Transfer

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*O/T = Operating Transfer

Category 2018 Garbage & Solid Waste Services 24,046,600 $ O/T ‐ SW Reserve 1,842,123 Others 146,600 TOTAL OPERATING REVENUE 26,035,323 $ TOTAL OPERATING EXPENDITURES 25,272,821 $

Garbage & Solid Waste Services $ 24.0 M 92% O/T ‐ SW Reserve $ 1.8 M 7% Others $ 0.1 M 0.6%

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MEDIC ONE FUND (1290): 2018 Operating Revenue

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Real & Personal Property Taxes $ 10.9 M 79% O/T ‐ Medic One Reserve $ 2.8 M 20% Others $ 0.1 M 0.39%

*O/T = Operating Transfer

Category 2018 Real & Personal Property Taxes 10,900,000 $ O/T ‐ Medic One Reserve 2,806,500 Others 53,320 TOTAL OPERATING REVENUE 13,759,820 $ TOTAL OPERATING EXPENDITURES 15,011,457 $

SLIDE 19

CENTRAL SERVICES/FACILITIES FUND (5210): 2018 Operating Revenue

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ISF ‐ Other Property Management Services $ 5.2 M 37% ISF ‐ Data Processing Services $ 5.1 M 36% Others $ 4.0 M 28%

*ISF = Interservice Fund

Category 2018 ISF ‐ Other Property Management Services 5,230,023 $ ISF ‐ Data Processing Services 5,103,202 Others 3,957,315 TOTAL OPERATING REVENUE 14,290,540 $ TOTAL OPERATING EXPENDITURES 14,269,552 $

SLIDE 20

LAND USE & PERMITTING FUND (4124): 2018 Operating Revenue

Bldgs, Structure, & Eqpt $ 1.3 M 39% Plan Checking $ 0.7 M 22% Zoning & Subdivision $ 0.6 M 18% O/T ‐ General Fund $ 0.5 M 13% Others $ 0.3 M 9%

*O/T = Operating Transfer

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Category 2018 Bldgs, Structure, & Eqpt 1,334,000 $ Plan Checking 742,400 Zoning & Subdivision 600,000 O/T ‐ General Fund 451,092 Others 292,400 TOTAL OPERATING REVENUE 3,419,892 $ TOTAL OPERATING EXPENDITURES 4,784,321 $

SLIDE 21

Conservation Futures Fund (1380): 2018 Operating Revenue

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Property Taxes $ 1.4 M 97% Others $ 42 K 3%

Category 2018 Property Taxes 1,410,000 $ Others 41,600 TOTAL OPERATING REVENUE 1,451,600 $ TOTAL OPERAINT EXPENDITURES 1,332,611 $

SLIDE 22

Increase in PROPERTY TAX Levies

Current Expense
General Fund

$ 811,550

Public Health

$ 54,565

Veteran’s Fund

$ 24,555

$ 890,670

Conservation Futures

$ 30,968

Roads Fund

$ 479,107

Medic One

$ 244,843

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SLIDE 23

Lake Management District

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Rate Dollar Increase Increase

Lake Lawrence 5% 4,913 $ Long Lake 5% 8,400 $

Lake

SLIDE 24

Utility District Fees

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Rate Dollar Increase Increase

Boston Harbor Sewer 10% 28,656 $ Boston Harbor Water 10% 13,199 $ Grand Mound Water 5% 41,844 $ Grand Mound Sewer 5% 28,168 $ Olympic View Sewer 5% 1,575 $ Tamoshan/Beverly Beacher Sewer 5% 8,454 $ TamoshanBeverly Beach Water 5% 5,101 $

Utlity

SLIDE 25

Budget Information

The 2017 – 2018 Budget Book is available on the Thurston

County Budget Website:

http://www.co.thurston.wa.us/bocc/budget/

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SLIDE 26

Budget Public Hearing Schedule

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(MONDAY) DECEMBER 4, 2017 6:00 PM

All Funds All Offices and Departments

(TUESDAY) DECEMBER 12, 2017 Adopt the Budget, Levies, and Fees

SLIDE 27

Board Options

Take no action today
Increase the property tax levies by one percent
Adopt the property tax levies and certify them to the County

Assessor (RCW requires certification no later than November 30)

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SLIDE 28

For More Information:

Ramiro Chavez, County Manager

360‐754‐2960

Robin Campbell, Assistant County Manager

360‐709‐3063

Denise Doty, Senior Management Analyst

360‐754‐3355 ext. 6219

Michelle Underwood, Senior Management Analyst

360‐709‐3062

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SLIDE 29

Thurston County Monthly Unemployment Rate

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5.8 5.6 5.5 6 5.7 5.3 4.8 4.7 4.6 4.7 4.6 4.5

1 2 3 4 5 6 7 Oct‐16 Nov‐16 Dec‐16 Jan‐17 Feb‐17 Mar‐17 Apr‐17 May‐17 Jun‐17 Jul‐17 Aug‐17 Sep‐17 Percentage (%) Unemployment Rate Full Employment (5%)