PROPOSED BUDGET 2020 Fiscal Year August 20, 2019 1 Sarpy County - - PowerPoint PPT Presentation

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PROPOSED BUDGET 2020 Fiscal Year August 20, 2019 1 Sarpy County - - PowerPoint PPT Presentation

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PROPOSED BUDGET 2020 Fiscal Year August 20, 2019 1 Sarpy County Budget Highlights Proposed Budget FY2019-20 1. Valuation & Levy Total levy remains same as previous four years at $.2969 Decrease in General Fund levy of 3.5%:

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SLIDE 1

PROPOSED BUDGET

2020 Fiscal Year

August 20, 2019

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SLIDE 2

Sarpy County

Budget Highlights

Proposed Budget FY2019-20

1. Valuation & Levy

  • Total levy remains same as previous four years at $.2969
  • Decrease in General Fund levy of 3.5%: Increase in Sinking Fund levy of 91% for new jail
  • Valuation increase of 8.3% provides $3.8m in increased property tax to County

2. General Fund

  • Expenses to only increase 3.1% due to limiting spending and no new FTEs
  • Notable capital projects include $1.25m for renovation of Courthouse/Administration Building,

$250,000 for air handlers/HVAC upgrades and $90,000 for roof replacement

  • Transition of jail operations from Sheriff Department to Board of Corrections

3. Public Works

  • Total Public Works budget (funds 200, 205 & 206) increases 8% due to carryover of project funds
  • All roads projects ($22m) included in Fund 206, “PW-Road Projects”

4. Inheritance Tax

  • Includes funds for purchase of land east of Administration Building and contribution toward new

crisis stabilization center, new HVAC for Werner Park clubhouse and for initial costs of new Jail 5. Sinking Fund

  • Levy increased to fund new jail facility & street improvements for Generations Development
  • Previous levy for Sheriff Administration Building bonds discontinued as bonds have matured

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SLIDE 3

Sarpy County

Valuation Comparison

Adopted Budget FY2018-19 to Proposed Budget FY2019-20

FY2019 FY2020 $ change % change

Total Valuation $15,511,549,423 $16,782,000,000 $1,270,450,577

8.2 % From Growth 3.2 % From Re-Appraisal 5.0 %

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FY2019 FY2020 $ change % change

Total Valuation $15,511,549,423 $16,801,973,211 $1,290,423,788

8.3 % From Growth 3.5 % From Re-Appraisal 4.8 % Estimate – Used for Recommended Budget Final, Certified Valuation

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SLIDE 4

544,057,164 746,366,624 1,290,423,788

(500,000,000) 500,000,000 1,000,000,000 1,500,000,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Increase Growth Inc/Dec Reappraisal Total Valuation Increase

Sarpy County

Valuation Change Comparison

Fiscal Years 2007 - 2020

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SLIDE 5

Sarpy County

Annual Valuation Percentage Change & Parcels Comparison

Adopted Budgets FY2009-10 through FY2018-19 & Proposed Budget FY2019-20

2.4% 0.9% 1.1% 2.3% 1.3% 3.4% 6.6% 6.1% 6.8% 7.0% 8.3%

54,000 55,500 57,000 58,500 60,000 61,500 63,000 64,500 66,000 67,500 69,000 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10%

2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20

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Total Valuation Growth % Total Parcels

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SLIDE 6

Sarpy County

Summary of Tax Levies Cents per $100 of Valuation

Adopted Budgets FY2009-10 through FY2018-19 & Proposed Budget FY2019-20 29.99 29.99 29.99 29.99 29.99 29.99 29.69 29.69 29.69 29.69 29.69 28.00 28.50 29.00 29.50 30.00 30.50 31.00 31.50 32.00

2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20

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SLIDE 7

Sarpy County

Property Tax Distribution

2019 Fiscal Year

Schools

County

SIDs Cities

MCC

FD NRD AG Schools 199,958,266 $ 55.8% County 46,053,790 $ 12.8% Cities 38,438,035 $ 10.8% SIDs 51,801,775 $ 12.0% Metro Comm College 14,735,972 $ 4.1% Fire District 9,115,854 $ 2.8% NRD 5,831,412 $ 1.6% Ag Society 425,327 $ 0.1% Total 366,360,431 $ 100.0%

12.8% of property taxes in Sarpy County go to fund County operations

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SLIDE 8

Sarpy County

Property Tax Impact Comparison FY2019 FY2020 $ change % change Property Value $190,840 $200,000 $ 9,160 + 4.8 % Tax Rate $.2969 $.2969

  • Property Taxes to County

$567 $594 $27 + 4.8 %

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Receipt

E-911 $ 46 Road Projects 40 Courts 33 Public Defender 12 Jail (current) 50 Sheriff 91 County Attorney 30 Sinking Fund – new jail/other 57 Information Systems & GIS 41 All other County Operations 194 Total $ 594

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SLIDE 9

Sarpy County

Property Tax Revenue Comparison

Adopted Budget FY2018-19 to Proposed Budget FY2019-20

FY2019 FY2020 $ change % change Total County Tax $46,053,790 $49,885,058 $3,831,268 + 8.3 % Levy $.2969 $.2969

  • - - - -

n/a Detail:

General Fund & IS $42,496,527 $44,790,112 $2,293,585 + 5.4 % Bonds 850,188

  • (850,188)
  • 100.0 %

Sinking Fund 2,317,736 4,782,870 2,465,134 + 106.4 % All Other 389,339 312,076 (77,263)

  • 19.8 %

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SLIDE 10

Sarpy County

Budget Comparison

Adopted Budget FY2018-19 to Proposed Budget FY2019-20 10 FY2019 Revised FY2020 Est. Final % Change

General Fund

77,287,512 $ 79,664,784 $

3.1%

Public Works Funds 31,956,221 34,548,840 8.1% E-911 Funds 5,478,651 5,466,247

  • 0.2%

Child Support Funds 1,843,022 1,703,069

  • 7.6%

Tourism & Visitor Improvement Funds 2,790,737 1,911,209

  • 31.5%

Inheritance Tax & Keno Funds 6,374,512 7,986,036 25.3% Bond Funds 4,018,657 2,862,987

  • 28.8%

Sinking Fund 3,300,000 7,362,370 123.1% Landfill Funds 14,394,927 12,563,684

  • 12.7%

Sewer Funds 7,734,159 11,606,485 50.1% Grant Funds 2,855,868 2,601,263

  • 8.9%

Information Systems & GIS 3,963,431 4,458,747 12.5% Fleet Services 1,316,057 1,350,839 2.6% All Other 1,829,927 2,083,170 13.8%

Total - All Funds

165,143,681 $ 176,169,730 $ 6.7%

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SLIDE 11

Cash, $55.7 , 34% Property Tax, $49.9 , 30% Local, $40.0 , 24% State, $17.6 , 11% Federal, $2.2 , 1%

Sarpy County

Revenues, by source

Proposed Budget FY2019-20

$ in Millions – excludes $10.8m of transfers

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Total Expenses (All Funds) $176.2 m Transfers (10.8)m Net Expenses Shown $165.4 m

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SLIDE 12

Roads, $33.9, 20% Public Works- Other [Landfill & Sewer], $24.3, 15% Public Safety [Sheriff & Jail], $26.4, 16% Public Safety-Other [Courts, PD, CA, E911], $20.3, 12% General Government, $48.0, 29% Public Health & SS [Human Services & Animal Control], $2.6, 2% Community Development [Stadium & Keno], $3.0, 2% Reserves, $6.9, 4%

Sarpy County

Expenses, by activity

Proposed Budget FY2019-20

$ in Millions – excludes $10.8m of transfers

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Total Expenses (All Funds) $176.2 m Transfers (10.8)m Net Expenses Shown $165.4 m

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SLIDE 13

Personal Services, $62.5, 38% Other Oper. Exp., $42.8, 26% Capital Outlay, $50.9, 31% Debt Service, $2.3, 1% Cash Reserves, $6.9, 4%

Sarpy County

Expenses, by type

Proposed Budget FY2019-20

$ in Millions – excludes $10.8m of transfers

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Total Expenses (All Funds) $176.2 m Transfers (10.8)m Net Expenses Shown $165.4 m

Note: Personal Services represent 77% of General Fund Operating Expenses

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SLIDE 14

Sarpy County

Next Steps

Proposed Budget FY2019-20 14

August 27

  • Adoption of the FY 2019-20 Budget
  • Authorization of Additional 1% in Budgeted Restricted Funds

September 10

  • Resolution setting the tax rate

September 20

  • Deadline to file budget with NE Auditor of Public Accounts
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SLIDE 15

PROPOSED BUDGET

2020 Fiscal Year

August 20, 2019

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