James J. Tedesco, III County Executive COUNTY OF BERGEN 2017 - - PowerPoint PPT Presentation

James J. Tedesco, III County Executive

COUNTY OF BERGEN 2017 BUDGET

James J. Tedesco, III COUNTY EXECUTIVE

COUNTY OF BERGEN 2017 TAX LEVY SUMMARY

 2017 Annual Tax Increase of $7.99 or

67 Cents per month for the Average County Assessed Home of $465,962

“The Highest-quality Aaa Rating” – MOODY’S Investors Services

Rating Rationale, December 31, 2016:

“The highest-quality Aaa reflects the county’s substantial tax base, strong diverse economy with proximity to New York City, well managed financial operation which has historically supported healthy reserves level and a modest debt burden.” (5) Aaa Counties in New Jersey Ratings of Surrounding Counties Bergen Ocean Hudson Aa3 Morris Somerset Passaic Aa3 Monmouth Essex Aa2

Growth of Bergen County’s Fund Balance under Tedesco’s Administration

$25,000,000 $30,000,000 $35,000,000 $40,000,000 2014 2015 2016* $32,660,720 $33,777,997 $38,364,816

Fund Balance

Rating Agencies’ Evaluations Growth in the County’s Fund Balance is an important element in rating Agencies’ evaluation of the County’s Aaa

• Rating. Maintaining a Aaa rating result in MILLIONS of dollars $$ savings in future costs for the County of Bergen

and for the many county Municipalities that participate in the BCIA Pooled Program.

*2016 Fund Balance is Unaudited and 2014&2015 is an Audited Balance

Growth of the County’s Net Real Property

$158 $160 $162 $164 $166 $168 $170 2014 2015 2016 2017* $162 $165 $168 $170 2014 2015 2016 2017*

Rating Agencies’ Evaluations Ratable Tax Growth is also an important element in maintaining the County’s Aaa Bond Rating. Growth in ratable base demonstrates stability in the underlying tax base of the County.

*Projected as per County Tax Administrator

Net Valuation in Billions $

2017 CAP CALCULATION

Cap Calculation 1977 Cap Calculation 1977 Calc

County Purpose Tax Levy- Prior Year-2016 $405,044,406 Cap Base Adjustment Adjusted County Purpose Tax Levy - 2016 $405,044,406 2016 Modifications and Exclusions $132,070,294 Amount On Which 0.50% Cola CAP Is Applied Per $272,974,112 Division of Local Government Services CAP COLA Increase 0.5000% $1,364,871 Allowable County Purpose Tax Before Additional Modifications per (NJSA 40A:4-45.4) $274,338,983 2017 Modifications and Exclusions $139,729,490 Allowable Property Tax Levy $414,068,473 CAP Bank Utilized Allowable Property Tax Levy - After Modification $414,068,473 ACTUAL 2017 COUNTY PURPOSE TAX LEVY $412,711,959 Tax Levy Under Cap $1,356,514

COUNTY OF BERGEN CAP BANK NJSA 40A:45.4

2016 BANK 9,151,554 2017 COLA INCREASE – Per Freeholder Resolution 8,189,223 CAP Bank for 2018 (1977 CAP Calculation) 17,340,077

WHERE YOUR TAX DOLLARS GO

INTRODUCED BUDGET 2017 Legislative Branch - Freeholders 1,373,230 Administration - County Departments Operation Administration and Finance/ County Executive 10,609,685 Health Department 17,962,397 Human Services 13,855,550 Department of Law 2,138,000 Law and Public Safety 11,572,127 Public Works 21,557,465 Parks 12,787,920 Planning 2,752,376 Other 1,810,000 BC Improvement Authority 4,000,000 Administration - County Departments Operation 99,045,520 Employee Health Benefits and Statutory Charges 126,881,258 County Residents and State Psychiatric Instutions 3,503,147 Capital Improvement/ Debt Service 89,276,099 Grants 13,319,332 Board of Social Services 8,351,452 Sheriff 78,552,169 Prosecutor 30,644,041 Surrogate 1,785,936 County Clerk 4,804,061 Board of Taxation 560,242 Board of Elections 1,433,625 Superintendent of Elections 2,442,650 Other Agencies + Constitutional Officers 11,026,514 Education 60,913,580 Total 522,886,342 2017 BUDGET $522,886,342 ALLOCATION

LEGISLATIVE BRANCH 1.4M, 0.26% ADMINISTRATION - COUNTY DEPARTMENTS OPERATION 99M, 18.94% EMPLOYEE HEALTH BENEFITS AND STATUTORY CHARGES 126.8M, 24.27% COUNTY RESIDENTS AND STATE PSCH.

• INST. 3.5M, 0.67%

CAPITAL IMPROVEMENT 89.2M, 17.07% GRANTS 13.3M, 2.55% BOARD OF SOCIAL SERVICES 8.4M, 1.60% SHERIFF 78.6M, 15.02% PROSECUTOR 30.6M, 5.86% OTHER AGENCIES AND CONSTITUTIONAL OFFICERS 11M, 2.11% EDUCATION 60.9M, 11.6%

Tedesco Administration’s Commitment to Education

2017 Budget Recommendation- Vo-Tech High Schools Total Appropriation Hackensack, Teterboro, Paramus and Applied Technology High Schools Special Service Schools including 2017 Capital Improvements $44,508,223 Bergen Community College Appropriation- Budget Recommendation & 2017 Capital Improvements $24,685,979 Bergen County Superintendent of Schools - Appropriation $421,378 TOTAL EDUCATIONAL APPROROPRIATION WITH 2017 CAPITAL IMPROVEMENTS $69,615,580

• "2016 US News Ranks Bergen County Technical HS- Teterboro # 4 in New Jersey and ranked #61 in Nation and earned a gold
• medal. Mathematic and English Proficiency at Teterboro is at 99% and College Readiness Index 88.8."
• "2016 US News Ranks Bergen County Academies # 5 in New Jersey and ranked #92 in Nation and earned a gold medal.

Mathematic and English Proficiency at Bergen Academies is at 100% and International Baccalaureate passing rate was 97%.“

• At the Bergen County Academies, senior student Indrani Das was the 1st place winner of the Regeneron National Science Talent

Search competition and received the grand prize of $ 250,000.00

• Bergen Community College rated #1 in New Jersey for Associate Degrees and rated #26 in the nation by

Middle States Association of Colleges.

2017 GOLF COURSE OPERATIONS

Darlington Orchard Hills Overpeck Rockleigh ValleyBrook Totals

Golf Revenue Budget $ 1,600,000 $ 800,000 $ 1,700,000 $ 1,700,000 $ 1,400,000 $ 7,200,000 Salary & Operating Expenses $ 1,033,693 $ 483,922 $ 829,697 $ 1,039,847 $ 897,838 $ 4,284,997 Net Revenue over Expenditures

$ 566,307 $ 316,078 $ 870,303 $ 660,153 $ 502,162 $ 2,915,003

COUNTY REVENUE SOURCES

COUNTY OF BERGEN 2017 2016 ANTICIPATED REVENUES BUDGET RECEIVED SURPLUS - FUND BALANCE 19,350,000 18,350,000 COUNTY CLERK FEES: COUNTY CLERK -REGISTRY 4,700,000 4,751,854 REALTY TRANSFER FEES 10,470,000 10,717,487 15,170,000 15,469,341 STATE OF NJ - COURT LEASE 119,174 119,174 BCIA REVENUE BERGEN COUNTY IMPROVEMENT AUTHORITY 1,300,000 1,307,000 BERGEN REGIONAL MEDICAL CENTER-LOAN REPAYMENT 6,000,000 BERGEN REGIONAL MEDICAL CENTER- ADJUSTER OFFICE 240,000 240,000 7,540,000 1,547,000 SURROGATE FEES 1,300,000 1,625,922 PUBLIC SAFETY/911 - INTERLOCAL REVENUE POLICE & FIRE ACADEMY TUTITION 190,954 190,954 INTERLOCAL - 911 DISPATCH CONTRACTS-MUNICPALITIES 1,329,522 1,301,220 1,520,476 1,492,174 PROSECUTORS OFFICE - INTERLOCAL 36,075 36,075 SHERIFF REVENUE SHERIFF FEES 4,722,000 4,981,522 INS INMATES- FEDERAL REVENUE REIMBURSEMENT & NJ 6,519,000 6,802,106 INTERLOCAL - POLICE SERVICES BCC COLLEGE 331,426 342,784 11,572,426 12,126,412 JUSTICE CENTER PARKING REVENUE (PARTIAL YEAR) 200,000 200,000 HOUSING AUTHORITY LEASE 186,180 186,180

COUNTY REVENUE SOURCES

COUNTY OF BERGEN 2017 2016 ANTICIPATED REVENUES BUDGET RECEIVED HEALTH DEPART. SHARED SERVICE CONTRACTS & FEES 2,465,600 2,173,470 BERGEN COUNTY HEALTH CARE CENTER 8,600,000 8,997,307 HUMAN SERVICES - SHARED SERVICES & HOUSING 750,000 374,576 BCC COLLEGE SHUTTLE- COMMUNITY TRANSPORTATION-INTERLOCAL 135,000 PARK FEES 2,300,000 2,385,696 GOLF FEES 7,100,000 7,198,123 COUNTY PYSCHIATRIC - STATE AID* 1,425,157 44,639,093 STATE AID COLLEGE BONDS 2,471,930 2,524,353 CENTRAL MUNICIPAL COURT 1,100,000 1,120,792 GRANTS (BUDGETED) + 159'S 13,204,332 25,987,282 OTHER REVENUES 13,533,987 12,383,445 TOTAL ANTICIPATED REVENUES 110,080,337 158,936,415 PROPERTY TAX LEVY 412,711,959 405,044,406 TOTAL REVENUES 522,792,296 563,980,821 *- NOTE – The 2017 Revenue of $1,425,157 is the County Share of State Aid for the Board of Social Services. The reduction in NJ State Aid for County Residents and Psychiatric Hospitals is due to a change in the States pass -though budget system. For 2016 and the prior years the NJ Division of Mental Health and Addiction Services required Counties to appropriate the Gross Appropriation and the Gross State Aid; however, for 2017, the State requires the Counties to appropriate the net cost. For 2017 the Net Appropriation for County Residents in State Psych. Institutions is $3,503,147.

CAPITAL PROGRAM

DEPARTMENTS RECOMMENDATION Administration & Finance $2,428,342 County Clerk $200,000 Health Services $1,007,500 Human Services $435,000 Public Safety $1,914,833 Elections $4,367,000 Prosecutor $1,640,000 Sheriff $3,555,000 Jail $1,040,000 BCI $533,000 Public Works $7,354,000 Parks $3,935,000 Planning & Engineering $11,479,000 Surrogate $819,828 Superintendent of Schools $14,000 Bergen Community College $4,375,000 Bergen Regional Medical Center $510,000 Technical Schools $3,450,000 Special Services School District $877,000 TOTAL ALL DEPARTMENTS 49,934,504

2017 GOAL HIGHLIGHTS BY DEPARTMENT

Administration & Finance

• Implement new paperless legislative system and launch a more functional County website
• Pursue additional shared service agreements and public-private partnerships

Health Department

• Increase in support services for opioid addiction and recovery
• Facilities upgrades at Animal Shelter, Health Care Center, and Spring House

Law

• Year to date recouped over $1 million in collections for the County

Human Services

• Bergen County certified as FIRST Continuum of Care in the Nation to end chronic homelessness

2017 GOAL HIGHLIGHTS BY DEPARTMENT

Planning and Engineering

• Support County advocacy and planning for transportation priorities including Bergen-Hudson Light

Rail, Route 17 bottleneck, and rapid transit

• Begin and continue work on road, bridge, and culvert repair/rehabilitation projects, including the

Salem Street Bridge and the intersection project in Elmwood Park

Public Safety

• Expand shared service agreements with municipalities for 9-1-1 and dispatch services
• Implemented shared service agreement to act as Consumer Affairs/Protection agency for Passaic

County

2017 GOAL HIGHLIGHTS BY DEPARTMENT

Public Works

• Oversee beginning of Phase 1 of Justice Center renovations
• Expand mechanical shared service agreements with municipalities and school boards

Parks

• Obtain Zoo re-accreditation and elevate zoo visitor experience through infrastructure and technology

upgrades

• Host bigger and better 2nd Annual Winter Wonderland at Van Saun Park and enhance other cultural,

artistic and event programming at all parks

• Improve playing conditions at all 5 golf courses, leading to generation of nearly $3M in net revenue

NEW JERSEY COUNTIES

Tax Rates 2nd Lowest in New Jersey at 0.24345

2016

Source: State of N.J. (Taxation)

0.1 0.7018 1.3036