20 2020 20 Chen enang ango o Cou ount nty Te Tentat ative ve bud udge get Preliminary Board review Copy October 28, 2019
• Have a balanced budget using reasonable revenue and expense expectations. • We have met this precept for many years. • Other than in exigent circumstances adhere to the tax cap. • We have met this precept for all nine year of the Tax Cap Legislation • Maintain a NY State Comptroller’s rating of “not in fiscal stress.” • We have met this precept for all seven years of its calculation • Remain debt free. • With the potential of partial financing for the Chenango County Office Building Project - CCOB
• Maintain a minimum of $ 15,000,000 general fund surplus ( i.e. not otherwise earmarked). • The surplus balance at 12/31/18 was $ 21,900,000. It is anticipated transfers for the CCOB and other projects of about $ 5,000,000 will be recommended. • The application of General Fund surplus applied to the following years’ budget should not exceed $ 1,500,000 ( >2% of the General and Social Services budgets.) • We meet this precept as our application is now at $ 1,350,000.
• Under the tax cap for the Ninth straight year - of $617,000 by about $12,000. Meeting the CAP will allow for state reimbursement of “Raise the Age” Costs budgeted at $300,000 • The average tax rate increases by $.29/$1,000 of assessed value or 2.07% from 2019 (about $25 annually per average residence). Individual town rates will vary depending on equalization rates and assessed value totals. • The 2020 budget includes over $ 845,000 of additional local cost for newly adopted NYS mandated programs for: Lead testing ($ 120,000); early voting ($ 80,000); Probation Supervision ( $ 80,000); Cashless Bail ( $ 60,000); Added DA expenses ( $ 185,000); and the county’s assumption of AIM funding to local municipalities ($ 320,000). These new mandates will drive our 2020 spending up by about 8/10ths of one percent.
• The PAVE NY and Winter Recovery Programs require NYS Legislative extension. Without that approval we will have about $ 700,000 less of repaving funds available in 2020. • Traffic Diversion Program and Bed Tax revenues will help reduce property taxes by more than $ 160,000. • Taxable values are up three-tenths (.30%) of one percent. • The County remains debt free. • Maintains a NY Comptroller's rating of "not in fiscal stress ”. • Increased interest rates on invested funds coupled with our US treasury purchases have provided a significant benefit to revenue. • We are now operating school based Mental Health Satellites in the Afton, Bainbridge-Guilford, Greene, Norwich, Otselic Valley and Oxford School Districts. • Our self-funded health plan has a 2020 cost increase of just 3.5%. Since 2013 benefit cost (less salary escrow) have increased about 2% per year.
• All 2019 programs are continued in 2020. • Spending is up $2,421,000 or 2.62% from 2019’s total of $93 million and only 10.15% in total from 2013 ($86.7 million ) or about 1.4% per year. • Budgeted revenues continue to be at very at robust levels. • Lessens the application of 2019 General Fund Surplus toward reducing the 2020 budget by $30,000 to $1,350,000. This is the ninth consecutive reduction from the $3,683,000 applied to balance the 2011 budget. We are in compliance with our goal of applying less than 2% of our General and Social Services budget (less Medicaid) to reduce the following year’s tax levy. 2% equals about $ 1,680,000
• We are fully aligned with our 6 financial precepts. • Nearly 37% of our local real property tax levy of $26.4 million goes to support Medicaid. Notes : A) Subject to Board of Supervisor’s action / revision B) Subject to adjustment until public filing on 11/15/19
How the County Tax Levy is distributed CHENANGO COUNTY 2020 PROPERTY TAX RATE Based on Average Tentative County Rate DISTRIBUTION For every 1,000 Dollars in Taxable Full Value $ 6.66 Economic Assistance Education 3.18% County Roads & Transportation $ 2.53 Economic Culture & Recreation Development 0.36% 0.36% Public Safety $ 2.38 General Government Social Service 4.11% Health $ 1.05 Programs 46.96% Home & General Government $ 0.58 Community Services 3.00% Education $ 0.45 Home & Community Services $ 0.43 Health 7.40% County Roads & $ 0.05 Economic Development Public Safety Transportation 16.78% 17.86% Culture & Recreation $ 0.05 AVERAGE COUNTY RATE PER THOUSAND $ 14.19
Federal Aid Applied Surplus 11.70% 2.26% CHENANGO COUNTY 2020 Real Property Taxes 29.37% TENTATIVE BUDGET State Aid 16.59% REVENUES CHENANGO COUNTY REVENUE COMPARISON Sales Tax 16.40% Departmental Other Tax Related Income Items 20.94% 2.74% Applied Surplus Federal Aid 2.83% 14.32% Real Property Taxes State Aid 35.56% 8.48% CHENANGO COUNTY 2019 ADOPTED BUDGET REVENUES Departmental Income 15.70% Other Tax Sales Tax Related Items 19.76% 3.34%
Culture And Transportation Recreation CHENANGO COUNTY 20.80% Economic Assistance 0.16% 28.23% 2020 TENTATIVE BUDGET APPROPRIATIONS Education 1.50% CHENANGO COUNTY APPROPRIATION Public Safety COMPARISON 13.36% Fringe Benefits 12.01% Home And Community Svces Health General Government 3.85% 12.37% 7.70% Transportation Culture And Economic 20.62% Recreation Assistance 0.16% 29.21% CHENANGO COUNTY Education 2019 ADOPTED BUDGET 1.49% APPROPRIATIONS Public Safety 12.72% Fringe Benefits Home And 13.06% General Community Svces 3.77% Health Government 11.91% 7.06%
% of Total Cumulative % Rank Description Taxable Sales Taxable Sales of Total Sales 1 Automobile Dealers $96,395,266 16.9% 16.9% 2 Gasoline Stations $54,394,436 9.5% 26.5% 3 Gen. Merch. Stores, incl. Warehouse Clubs & Supercenters $47,385,372 8.3% 34.8% 4 Petroleum and Petroleum Products Merchant Wholesalers $36,479,591 6.4% 41.2% 5 Building Material and Supplies Dealers $35,065,219 6.2% 47.3% 6 Restaurants and Other Eating Places $31,403,005 5.5% 52.8% 7 Wired and Wireless Telecommunications Carriers $20,215,298 3.5% 56.4% 8 Automotive Repair and Maintenance $18,297,495 3.2% 59.6% 9 Electronic Shopping and Mail-Order Houses $12,486,177 2.2% 61.8% 10 Grocery Stores $12,175,950 2.1% 63.9% 11 Electric Power Generation, Transmission and Distribution $10,379,173 1.8% 65.7% 12 Other Miscellaneous Store Retailers $9,207,830 1.6% 67.3% 13 Commercial and Industrial Machinery and Equipment Rental and Leasing $7,472,522 1.3% 68.7% 14 Direct Selling Establishments $7,428,863 1.3% 70.0% 15 Automotive Parts, Accessories, and Tire Stores $7,160,161 1.3% 71.2% 16 Software Publishers $7,041,562 1.2% 72.4% 17 Other Motor Vehicle Dealers $6,690,879 1.2% 73.6% 18 Industrial Machinery Manufacturing $6,566,836 1.2% 74.8% 19 Electronics and Appliance Stores $6,009,657 1.1% 75.8% 20 Computer Systems Design and Related Services $5,557,403 1.0% 76.8% Subtotal Top 20 in Taxable Sales $437,812,695 76.8% Total All Taxable Sales 2017-18 $570,073,353 100.0% Total Vehicle and Truck related Sales $219,417,828 38.50%
% of Total Cumulative % Rank Description Taxable Sales Taxable Sales of Total Sales 1 Automobile Dealers $103,735,878 16.6% 16.6% 2 Gasoline Stations $56,192,191 9.0% 25.6% 3 Gen. Merch. Stores, incl. Warehouse Clubs & Supercenters $47,614,142 7.6% 33.3% 4 Petroleum and Petroleum Products Merchant Wholesalers $42,170,197 6.8% 40.0% 5 Building Material and Supplies Dealers $34,813,652 5.6% 45.6% 6 Restaurants and Other Eating Places $32,427,919 5.2% 50.8% 7 Wired and Wireless Telecommunications Carriers $19,714,183 3.2% 54.0% 8 Automotive Repair and Maintenance $18,767,105 3.0% 57.0% 9 Administration of Economic Programs $17,085,886 2.7% 59.7% 10 Electronic Shopping and Mail-Order Houses $14,332,416 2.3% 62.0% 11 Other Miscellaneous Store Retailers $12,895,063 2.1% 64.1% 12 Industrial Machinery Manufacturing $12,482,107 2.0% 66.1% 13 Grocery Stores $10,922,175 1.8% 67.9% 14 Electric Power Generation, Transmission and Distribution $8,823,859 1.4% 69.3% 15 Direct Selling Establishments $8,221.613 1.4% 70.6% 16 Software Publishers $7,962,817 1.3% 71.9% 17 Automotive parts, Accessories and Tire Stores $7,624,556 1.2% 73.1% 18 Other Motor Vehicle Dealers $7,611,928 1.2% 74.3% 19 Comm. & Industrial mach. & Equip, Rental Leasing $7,517,592 1.2% 75.5% 20 Data Processing, Hosting and Related Services $6,657,276 1.1% 76.6% Subtotal Top 20 in Taxable Sales $477,562,555 76.6% Total All Taxable Sales 2018-19 $623,639,050 100.0% Total Vehicle and Truck related Sales $236,101,855 37.80%
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