The 2015 Tentative Budget The 2015 Tentative Budget Tompkins County, - - PowerPoint PPT Presentation

The 2015 Tentative Budget The 2015 Tentative Budget

Tompkins County, New York

Economic and Fiscal f Influences

Contradictory Trends

• Positive economic

y Positive economic indicators

• Continued indications
• f underlying need

Economic and Fiscal f Influences

• Positive economic indicators

Economic and Fiscal f

8 0% Tompkins County Unemployment, January 2006‐July 2014

Influences

• Positive economic indicators

7.0% 8.0%

– Falling unemployment

5.0% 6.0% 4.0% 2.0% 3.0% 1.0% 0.0%

Jan‐06 Aug‐06 Mar‐07 Oct‐07 May‐08 Dec‐08 Jul‐09 Feb‐10 Sep‐10 Apr‐11 Nov‐11 Jun‐12 Jan‐13 Aug‐13 Mar‐14

Economic and Fiscal f

8 0% Tompkins County Unemployment, January 2006‐July 2014

Influences

• Positive economic indicators

7.0% 8.0%

– Falling unemployment

5.0% 6.0% 4.0% 2.0% 3.0% 1.0% 0.0%

Jan‐06 Aug‐06 Mar‐07 Oct‐07 May‐08 Dec‐08 Jul‐09 Feb‐10 Sep‐10 Apr‐11 Nov‐11 Jun‐12 Jan‐13 Aug‐13 Mar‐14

Economic and Fiscal f

6 0%

Inflation, January 2006‐July 2014

Influences

• Positive economic indicators

5.0% 6.0%

– Low inflation

3.0% 4.0% 2.0% 0.0% 1.0%

an‐06 ul‐06 an‐07 ul‐07 an‐08 ul‐08 an‐09 ul‐09 an‐10 ul‐10 an‐11 ul‐11 an‐12 ul‐12 an‐13 ul‐13 an‐14 ul‐14

‐2.0% ‐1.0%

Ja Ju Ja Ju Ja Ju Ja Ju Ja Ju Ja Ju Ja Ju Ja Ju Ja Ju

‐3.0%

Economic and Fiscal f

Consumer Confidence, US and Upstate NY, January 2006‐July 2014

Influences

• Positive economic indicators

100 120

– Generally improving consumer confidence

80 60 20 40

n‐06 l‐06 n‐07 l‐07 n‐08 l‐08 n‐09 l‐09 n‐10 l‐10 n‐11 l‐11 n‐12 l‐12 n‐13 l‐13 n‐14 l‐14 Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul US Upstate

Economic and Fiscal f

Consumer Confidence, US and Upstate NY, January 2006‐July 2014

Influences

• Positive economic indicators

100 120

– Generally improving consumer confidence

80 60 20 40

n‐06 l‐06 n‐07 l‐07 n‐08 l‐08 n‐09 l‐09 n‐10 l‐10 n‐11 l‐11 n‐12 l‐12 n‐13 l‐13 n‐14 l‐14 Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul Jan Jul US Upstate

• Poly. (US)
• Poly. (Upstate)

Economic and Fiscal f

Mid‐Year Taxable Sales, 2009‐ 2014 in Tompkins County

Influences

• Positive economic indicators

$700 $800

– Moderate growth in consumer spending

$500 $600 $700

– Up 3.7% first half of 2015

$400 $500

Millions

$200 $300 $0 $100

Economic and Fiscal f

Monthly Closing Prices, Dow Jones, January 2001‐August 2014

Influences

• Positive economic indicators

16,000 18,000

2014

– Continued growth in stock market

12,000 14,000 8,000 10,000 4 000 6,000 8,000 2,000 4,000 ‐

3/30/2001 3/28/2002 3/31/2003 3/31/2004 3/31/2005 3/31/2006 3/30/2007 3/31/2008 3/31/2009 3/31/2010 3/31/2011 3/31/2012 3/30/2013 3/30/2014

Economic and Fiscal f Influences

• Continued indications of

underlying need

Economic and Fiscal f

Tompkins County SNAP Cases, 2001‐May 2014

Influences

• Continued indications of

5,000 5,500

, y

underlying need

– SNAP cases still rising

3 500 4,000 4,500

SNAP cases still rising – Rate of growth slowing

2,500 3,000 3,500 1,500 2,000 500 1,000 ‐

Jan‐01 Jul‐01 Jan‐02 Jul‐02 Jan‐03 Jul‐03 Jan‐04 Jul‐04 Jan‐05 Jul‐05 Jan‐06 Jul‐06 Jan‐07 Jul‐07 Jan‐08 Jul‐08 Jan‐09 Jul‐09 Jan‐10 Jul‐10 Jan‐11 Jul‐11 Jan‐12 Jul‐12 Jan‐13 Jul‐13 Jan‐14

Economic and Fiscal f

Total Temporary Assistance Cases, 2008‐May 2014

Influences

• Continued indications of

950 1000

underlying need

– Total Temporary Assistance

800 850 900

Total Temporary Assistance cases up 17% since September 2012

700 750 800

– Higher now than at depth of recession

600 650 500 550 08 08 09 10 11 11 12 13 14 Jan‐0 Oct‐0 Jul‐0 Apr‐1 Jan‐1 Oct‐1 Jul‐1 Apr‐1 Jan‐1

Economic and Fiscal f

700 Safety Net Cases, 2008‐May 2014

Influences

• Continued indications of

600 700

underlying need

– Safety Net cases still trending

500

Safety Net cases still trending upward – 71% local cost share

300 400 200 100

Economic and Fiscal f

Family Assistance Cases, 2008‐ May 2014

Influences

• Continued indications of

450 500 y

underlying need

– Family Assistance cases rising

350 400

Family Assistance cases rising after years of decline

250 300 100 150 200 50 100

Jan‐08 Jul‐08 Jan‐09 Jul‐09 Jan‐10 Jul‐10 Jan‐11 Jul‐11 Jan‐12 Jul‐12 Jan‐13 Jul‐13 Jan‐14

Economic and Fiscal f

Medicaid Cases, by Year, 2008‐2013

Influences

• Continued indications of

12,000 14,000

underlying need

– Medicaid caseloads rising by

10,000

Medicaid caseloads rising by 500+ per year

6,000 8,000 2 000 4,000 ‐ 2,000

2015 Budgetary Goals 2015 Budgetary Goals

Maintain Current Levels of Service

Reinvest in Facilities and Infrastructure

Stabilize Airport Finances Stabilize Airport Finances

Address emergent policy goals Address emergent policy goals

Maintain fiscal strength and stability

Remain within Tax Cap Remain within Tax Cap

Starting Point:

Major Budget Influences

• No contracts in place for

Wages

• No contracts in place for

2015

M t i 12/2014

Wages

– Most expire 12/2014

• Funds provided for

restrained settlements

Budgeted FTEs

775.8

750 800

No Growth in

721.4

650 700

in Workforce

600 650 500 550 450 500 400

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

• Pension rates estimated to

fall to 18.8% of payroll from 20.1%

Stable Fringe

• Health premiums up 5%

Fringe Benefits

– Consortium applying reserves to reduce rates – 8% underlying rate of growth

l d h l h

• Total pension and health

costs down $190,000 (local)

25 0%

Pension Rates as % of Payroll

20 0% 25.0%

Stable Fringe

15 0% 20.0%

Fringe Benefits

10 0% 15.0% 5 0% 10.0% 0 0% 5.0% 0.0%

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Change in Local Costs of Mandated Programs

$150,000 $200,000

Mandates $

$100,000

Up $211,000

$‐ $50,000 $(50,000) Early Intervent Jail B/O & Med Family Assistan Outside Colleg Assigned Coun Child Care Delinquent Car Psychiatric EAA Medical Exami Safety Net Daycare State Training Medicaid PreK $(150 000) $(100,000) tion dical nce es nsel re ner $(200,000) $(150,000)

$14.0

Medicaid History, 2001‐2015 Budget

$12.0

Medicaid C t

$10.0

Cost History

$6.0 $8.0

Millions

y

$4.0 $2.0 $‐

Jail Medical and Board Out Costs, 2009‐ 2013

$500,000 $600,000

Jail Medical d B d

$400,000 $ ,

and Board Out Costs

$300,000 $100 000 $200,000 $‐ $100,000

2009 2010 2011 2012 2013 2009 2010 2011 2012 2013

Medical Board Outs Total

• Levy increase of 0.5% for

capital improvements

Capital R i

p p

– Lower than policy (+0.75%)

Reinvestment

• Funding for capital up

$225,344

– Mainly debt service for projects already authorized projects already authorized

• Modest growth

Sales Tax

• Projected increase of 2.0% in

2014 and 1 5% in 2015

Sales Tax

2014 and 1.5% in 2015

• $628,000 in added revenue

P t b d i

Town Plowing

• Payments based on prior

winter’s experience

Town Plowing

• Up $169,000 (to $600,000)

from 2014

L i (CPP) Pl t PILOT

Revenue L

• Lansing (CPP) Plant PILOT

– $96,400

Losses

• Finger Lakes Library Rent

– $78,600

• TC3

– 3% increase – $83,659

Sponsored and Partner

• Tompkins County Public Library

– Baseline support now funded with

and Partner Agencies

Baseline support now funded with recurring revenue, per 2013 plan – $140,000 shift from County reserves to target to target

• TCAD

– $96,000 local dollar increase per 2013 Agreement – Will decline in following 3 years as – Will decline in following 3 years as Room Tax support increases

1% ($400 000) th

Directed Spending

• 1% ($400,000) across‐the‐

board reduction in local d ll di

Spending Cuts

dollar spending

• Applied to all non‐

pp mandated or fixed costs

Outcomes Outcomes

Goal: Maintain

No reduction in service

Maintain Services

Goal: Goal: Maintain C i l

• Fully funds projects in

Updated CIP

Capital Investment

• Adds 0.5% ($225,000) to

tax levy tax levy

10 000 000

Ten Year Projection

8,000,000 9,000,000 10,000,000

Projected Capital Levy,

5 000 000 6,000,000 7,000,000

Capital Levy, Capital Costs, & Capital Reserve

3,000,000 4,000,000 5,000,000

Capital Reserve

1,000,000 2,000,000 ‐

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Capital Levy Debt Svc Capital Levy Debt Svc Capital Reserve

G l

• Proposes a 3‐year suspension
• f County administrative

Goal: Stabilize

• f County administrative

charges S i t $126 000/

Airport Finances

• Saves airport $126,000/year
• Mitigates factors affecting

Finances

Mitigates factors affecting competitive position F d d b li ti f

• Funded by application of

County reserves

G l

• Jail Alternatives Task Force

Goal: Address

near‐term recommendations funded

emergent policy goals

• Additional contracts covered

by living wage

policy goals

by living wage

• Use of Reserves at $0.6 mil

Goal: Fiscal

– Down from $0.7 million in 2014 and $3.5 million in

Fiscal Stability

2009

• Reserves used only for

non‐recurring expenses

• Solid Waste annual fee

reduced to $52 from $56

Other Noteworthy

reduced to $52 from $56

• 1.5 positions added to

Noteworthy Features

Facilities—within target

• DSS able to reduce roster by

DSS able to reduce roster by 3 FTEs Th h OTR l

• Through OTRs, several

agencies received increases beyond the 1% target beyond the 1% target

• Recommended levy up

Goal: Stay within

eco e ded e y up 2.34%

Stay within Tax Cap

• Cap now projected at

2.65%

Structuring the Budget within Fiscal Parameters

Financial Summary

Original Fiscal

• 2.36% tax levy increase

$1 06 illi i dd d

Target

• $1.06 million in added

levy authority

Recommended Levy Growth Recommended Levy Growth

2 34% 2.34%

Recommended Levy Growth Recommended Levy Growth

$1 06 million $1.06 million

Over Target Requests Over Target Requests

Gross Reserves Levy Requested $1.15 mil. $0.59 mil. $0.54 mil.

Over Target Requests Over Target Requests

Gross Reserves Levy Requested $1.15 mil. $0.59 mil. $0.54 mil. Recommended $0.82 mil. $0.60 mil. $0.21 mil.

Over Target Requests Over Target Requests

Gross Reserves Levy Requested $1.15 mil. $0.59 mil. $0.54 mil. Recommended $0.82 mil. $0.60 mil. $0.21 mil. Diff $0 33 il $0 01 il $0 33 il Difference ‐$0.33 mil. +$0.01 mil. ‐$0.33 mil.

$ 2015 $180.1 2014 $170 2

Total Budget

2014 $170.2 $ Change $ 9.8

g

(millions)

Adjustment $ (7.0) Net Change $ 2.8 % Ch 1 6% % Change 1.6%

Adjusts for budget‐neutral new method of accounting for issuance and retirement of BANs Excludes pass‐through of sales tax dollars to other municipalities

2015 $83.3

Local Budget

2014 $81.7

g

(millions)

$ Change $ 1.6 % Ch 2 0% % Change 2.0%

2015 $46.12

Tax Levy

2014 $45.07

y

(millions)

$ Change $ 1.06 % Ch 2 34% % Change 2.34%

2015 $6.84

Tax Rate

2014 $6.89

per $1,000

$ Change ($0.05) % Ch ( 0 7%) % Change ( 0.7%)

2015 $1,129

Average Tax Bill

2014 $1,122

g

($165,000 home)

$ Change $ 6.34 % Ch 0 6% % Change 0.6%

Property Tax $6 34

Cost to Average H

Property Tax $6.34 Solid Waste Fee ($4.00)

Homeowner

($165,000 home)

($ ) Net impact $2.34

B d D F Budget Document Format

Budget Document Format Budget Document Format

Section Subject Section Section 1 Section 2 Subject Community and organizational overview Fiscal overview and summaries Section 2 Section 3 Section 4 Fiscal overview and summaries Capital Plan Department budgets OTRs and programs Section 4 Section 5 A di A Department budgets, OTRs, and programs Agency budgets, OTRs, and programs Ch f A d F S h d l Appendix A Appendix B Chart of Accounts and Fee Schedules Contracts Appendix C Memberships

The 2015 Tentative Budget The 2015 Tentative Budget

Tompkins County, New York

www.tompkinscountyny.gov/ctyadmin