Budget Overview and S ummary Presentation Arthur O Hare, Finance - PowerPoint PPT Presentation

Budget Overview and S ummary Presentation Arthur O’ Hare, Finance Director/ Budget Officer May 22, 2018

Budget History Josephine County Adopted Budgets

Employee History Budgeted FTE (Full Time Equivalent)

Revenue History S RS / O&C Timber Revenue Josephine County SRS/ O&C Revenue History $14.0 Final S RS Payment 1 Year Extension 11.9 11.9 11.8 11.4 11.5 $12.0 11.2 11.3 4 Year Bailout 10.7 1 Year Transportation Act 9.7 $10.0 Millions 8.7 1 Year Helium Act S hared $8.0 Receipts & S RS Act S RS $6.0 4.9 4.9 4.8 4.7 4.3 4.2 4.1 $4.0 2.3 2.1 2.1 1.5 $2.0 1.4 1.0 1.0 1.0 0.9 0.8 0.7 0.4 0.3 0.4 0.4 0.4 0.2 0.2 0.0 $0.0 Title 1 Title III

S ummary and Recommendations  Over 82% of 2018-19 General Fund Property Tax, S RS , and Forestry revenues are dedicated to Law Enforcement Programs (S heriff, DA, Juvenile S helter).  General Fund Balance has reached our goal of $6 million in order to support cash flow of all county programs, as many rely on tax revenue in November, as well as reimbursement income from grants and contracts. This also provides funding for unknown and unforeseen emergencies county-wide.  Adult Jail Bonds are paid off saving property tax payers approximately 14 cents per thousand.  I recommend no change in the proposed budget.