Budget Philosophy Nucor rejected the old adage that people are your - - PowerPoint PPT Presentation

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Nov 08, 2023 150 likes •534 views

MAG BUDGET FY19-20 Budget Philosophy Nucor rejected the old adage that people are your most important asset. In a good-to-great transformation, people are not your most important asset. The right people are. "We have the hardest working

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SECTION | Budget Philosophy | SLIDE 2 MAG BUDGET FY19-20 Nucor rejected the old adage that people are your most important asset. In a good-to-great transformation, people are not your most important asset. The right people are. "We have the hardest working steel workers in the world," said one Nucor executive. "We hire five, work them like ten, and pay them like eight."

Budget Philosophy

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SECTION | Executive Council and Boards | SLIDE 3 MAG BUDGET FY19-20

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SECTION | Organization Chart | SLIDE 4 MAG BUDGET FY19-20

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SECTION | Contract year vs Budget year | SLIDE 5 MAG BUDGET FY19-20

Aging & Family Services HEAT Program Community & Economic Development Regional Planning

$24.6m

BUDGET

FISCAL YEAR 2019-20

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SECTION | Focus | SLIDE 6 MAG BUDGET FY19-20

Focus

No Debt
Core Competencies + Natural Expansion
Service Agency-Find ways to serve more
Review every position
Great Employees cost less

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SECTION | Executive Summary | SLIDE 7 MAG BUDGET FY19-20

Executive Summary

Revenue is down from $26.6M to $24.6M (7.5% )
Total Salaries are up 19% (6.2%) including COLA & Merit (see next page)
Health Insurance is up 2.7% or 1% of fringe or 0.5% of Salary
Retirement is unchanged

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SECTION | Quick Budget Information | SLIDE 8 MAG BUDGET FY19-20

Quick Budget Information

Balanced Budget, Structurally Balanced, No Debt
General Fund Fee is the same 25₵ per capita (2005) $171,352
$1.1M in Rainy Day Fund (2013) 4 yrs to go to get to $1.2 M
COLA 2.8%, Longevity 1%, Merit 2.5%, Health Insurance .5%

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SECTION | COLA & Merit | SLIDE 9 MAG BUDGET FY19-20

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SECTION | Revenue by Source | SLIDE 10 MAG BUDGET FY19-20

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SECTION | Percent Revenue by Source | SLIDE 11 MAG BUDGET FY19-20

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SECTION | Benefited Employee vs Total Revenue | SLIDE 12 MAG BUDGET FY19-20

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SECTION | Revenue per Employee | SLIDE 13 MAG BUDGET FY19-20

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SECTION | Aging and Family Services | SLIDE 14 MAG BUDGET FY19-20

Aging and Family Services

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| SLIDE 15 MAG BUDGET FY19-20 SECTION | Aging and Family Services

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| SLIDE 16 MAG BUDGET FY19-20 SECTION | Aging and Family Services

Significant Projects – FY2019

Successful Applicant in response to RFP
New Location – 478 S Geneva Rd, Vineyard
7.5 Staff Members
FY2020 Budget

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$ 1,240,728.26 – DOE & LIHEAP

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$ 500,000.00 – Carry Forward LIHEAP

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$ 135,714.00 – NEW State Funding ($949,998.00)

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$ 200,000.00 – Dominion

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$ 175,000.00 – Rocky Mountain Power $ 2,115,262.00

FY2020 Project Goals

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104 Weatherized Homes

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148 Crisis

Two National Speakers: Kathy Greenlee and

Frameworks Institute

280 Attendees
34 Presenters
Four-Tracks: Health/Wellness; Legal/Law-

Enforcement; At-Risk Populations; Prevention/Advocacy

Park City, UT – May 9, 2019

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| SLIDE 17 MAG BUDGET FY19-20 SECTION | Aging and Family Services

FY2020 Department Budget -- $7,226,304

25.5 from FY2019

Weatherization $ 2,115.262 27% In-Kind 951,000 12% In-Home (Alt/IIIB/Waivers) 910,700 11% Congregate Meals 676,700 9% Home-Delivered Meals 583,255 7% HEAT 432,000 5% VD-HCBS 333,000 4% Client Contributions 313,000 4% Aging Planning 245,625 3% Caregiver Support 230,672 3% Support Services 208,265 3% SSBG 214,151 3% State Waiver Adm 210,000 3% RSVP 112,537 1% Transportation 109,431 1% Ombudsman 107,600 1% Thrive in Place 38,090 .5% Health Insur Counseling 34,000 .5% Preventative Health 24,900 .3% Fraud/Scams Prevention 20,000 .3%

Wx In-Kind In-Home CMM HDM HEAT VD-HCBC Client Contr AAD Caregiver PDS SSBG St Waiv. RSVP Transportation OMB TIPHIC PHP SMP Legal

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Client Services Provided – FY2019

Home Delivered Meals – 122,294 C Congregate Meals – 101,362 Ensure Meals – 43,653 Alternatives – 81 Clients Veteran’s-Directed – 24 IIIB – 13 Aging Waiver – 79 New Choice Waiver – 90 Support Groups – 163 Participants Respite Care – 68 Clients Access/Information Svcs – 893 Served RSVP Volunteers – 242 Volunteers Transportation – 2,661 Trips HEAT Program – 3,183 Households HEAT Crisis – 275 Weatherized Homes – 17 Wx Crisis – 64 Ombudsman Consultations – 243 Complaints – 625 Facilities – 72 (4 under construction) Beds – 3,432 Senior Help Line – 13,604 Individuals Outreach – 3,252 Preventative Health - 95

MAG BUDGET FY19-20 | SLIDE 18 SECTION | Aging and Family Services

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Senior Visits/ Input

We visited 7 Senior Centers to get insight on: ▪ What they are concerned about; ▪ What is important to them; ▪ Identify any gaps in services. Their priorities:

1. Transportation
2. Home Repairs
3. Affordable Housing
4. End of Life

MAG BUDGET FY19-20 | SLIDE 19 SECTION | Aging and Family Services

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SECTION | Community & Economic Development | SLIDE 20 MAG BUDGET FY19-20

Community and Economic Development

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| SLIDE 21 MAG BUDGET FY19-20 SECTION | Community & Economic Development

Utah County CDBG FY19 - $1,313,945

( 1.7% over FY 18)

Non- Profit Building Rehab $471,150 Housing $307,959

Culinary Water $146,000

Housing Study $15,000 Public Services $193,836

80 Family Members with Affordable Housing 111 Residents with Safe Water 654 Annual Beneficiaries of Improved Accommodations at Local Non-Profits 58,575 People Being Directly Served by Non-Profits

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| SLIDE 22 MAG BUDGET FY19-20 SECTION | Community & Economic Development

Summit and Wasatch CDBG FY19 - $590,010

( 10% from FY18)

2478 Residents with Improvements to Culinary Water and Sewer Treatment Lehi City CDBG FY19 – $251,877

( 0.4% over FY18)

981 Residents with access to Curb, Gutter and Storm Drain Improvements

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| SLIDE 23 MAG BUDGET FY19-20 SECTION | Community & Economic Development

Economic Development

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| SLIDE 24 MAG BUDGET FY19-20 SECTION | Community & Economic Development

Revolving Loan Fund

Currently Servicing 25 Loans
Current Loan Balance Total = $850,839
Approximately $14,000/per job

▪ Federal requirement is $35,000 per job

Terms from 6 months to 5 years
Rates 7% - 8%

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SECTION | Regional Planning | SLIDE 25 MAG BUDGET FY19-20

Regional Planning

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| SLIDE 26 MAG BUDGET FY19-20 SECTION | Regional Planning

General Plan Updates

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| SLIDE 27 MAG BUDGET FY19-20 SECTION | Regional Planning

Oakley Mapping

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| SLIDE 28 MAG BUDGET FY19-20 SECTION | Regional Planning

Midway Mapping

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| SLIDE 29 MAG BUDGET FY19-20 SECTION | Regional Planning

SR248 Access Management Agreement

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| SLIDE 30 MAG BUDGET FY19-20 SECTION | Regional Planning

Heber Valley Parkway EIS Funded

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| SLIDE 31 MAG BUDGET FY19-20 SECTION | Regional Planning

Wasatch County Transit Study

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| SLIDE 32 MAG BUDGET FY19-20 SECTION | Regional Planning

Springville /Spanish Fork Interchange Funding

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| SLIDE 33 MAG BUDGET FY19-20 SECTION | Regional Planning

Street Grid

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| SLIDE 34 MAG BUDGET FY19-20 SECTION | Regional Planning

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| SLIDE 35 MAG BUDGET FY19-20 SECTION | Regional Planning

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| SLIDE 36 MAG BUDGET FY19-20 SECTION | Regional Planning

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