1 TOWN OF GUILFORD BOARD OF SELECTMEN BUDGET 2020-21
3 Mission of Our Town Government PUBLIC PROTECTION & SAFETY ECONOMIC MAINTAIN DEVELOPMENT INFRA- AND TOURISM STRUCTURE TOWN SUPPORT SERVICES BOARD OF EDUCATION QUALITY OF LIFE Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
4 Budget Objectives and Key Factors 2020-21 ➢ Maintain High Level of Services in the Face of Increased Demand and Uncertainty in State Funding ➢ Provide Essential Safety and Public Protection Services ➢ Fund Pension Liabilities at Actuarially Recommended Levels ➢ Continued Investment in Information Technology Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
5 Budget Objectives and Key Factors 2020-21, cont. ➢ Continued Investment in Maintaining Infrastructure and Roads ➢ Protect Tax Relief Programs for Veterans, Elderly and Disabled ➢ Continued Capital Project Funding within the Operating Budget ➢ Budget Without Reliance on Revenues from Unassigned Fund Balance Guilford is a SUSTAINABLE CT CERTIFIED™ municipality.
6 Budget Objectives and Key Factors 2020-21, cont. ➢ Demographic changes mean increased demand on senior and social services ➢ Debt Service ➢ ECS ➢ SAFER Grant – 35% Reimbursement for 10 months ➢ Increase staff levels by ½ position Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
7 Operating Budget 2020 vs. 2021 Change % Change 2019-20 2020-21 2020 v. 2021 2020 v. 2021 $ 29,680,837 $ 30,543,026 $ 862,189 2.90% Town Operating Budget $ 852,134 $ 1,026,581 $ 174,447 20.47% Operating Capital Budget $ 30,532,971 $ 31,569,607 $ 1,036,636 3.40% Total Operating Budget Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
8 Debt and Total Budget 2020 vs. 2021 Change % Change 2019-20 2020-21 2020 v. 2021 2020 v. 2021 $ 9,516,344 $ 10,495,185 $ 978,841 10.29% Debt Service Guilford is a SUSTAINABLE CT CERTIFIED™ municipality.
9 Summary of BOS Reductions to Budgets FY 2020-21 Selectmen's FY 2020-21 $ Change % Change Submitted To BOS Revisions Submitted To BOF 2020 v. 2021 2020 v. 2021 Operating Budget Department Budgets $ 22,247,782 $ (176,994) $ 22,070,788 $ 729,652 1.76% Capital Budget $ 2,175,760 $ (1,149,179) $ 1,026,581 $ 174,447 20.47% Employee Benefits $ 8,756,013 $ (283,775) $ 8,472,238 $ 481,431 6.02% Total Operating Budgets $ 33,179,555 $ (1,609,948) $ 31,569,607 $ 1,036,636 3.40% Debt Service $ 10,568,185 $ (73,000) $ 10,495,185 $ 978,841 10.29% Total Recommended Budget $ 43,747,740 $ (1,682,948) $ 42,064,792 $ 2,015,477 5.03% Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
10 Increases by Major Category of Town Budget Board of Revised Selectmen Budget Budget $ % Category FY 2019-20 FY 2020-21 Change Change $ 15,492,658 $ 16,237,943 $ 745,285 4.81% Total Salaries $ 7,990,807 $ 8,120,707 $ 129,900 1.63% Employee Benefits $ 23,483,465 $ 24,358,650 $ 875,185 3.73% Subtotal $ 6,197,372 $ 6,184,376 $ (12,996) -0.21% All Other Operating Expenses $ 852,134 $ 1,026,581 $ 174,447 20.47% Capital $ 9,516,344 $ 10,495,185 $ 978,841 10.29% Debt Guilford is a SUSTAINABLE CT CERTIFIED™ municipality.
11 Employee Changes Increase Park & Recreation Receptionist to Full Time + ½ Remove one Municipal Animal Control Officer -1.0 Add Public Works Maintainer III +1.0 Net Increase in Employee Totals + ½ Net change to budget – increase of $28,528 Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
12 Increases in Employee Benefits 2019-20 2020-21 $ % Budget Request Change Change $ 2,954,298 $ 3,009,445 $ 55,147 1.87% Retirement Plan Contributions $ 3,763,122 $ 3,793,495 $ 30,373 0.81% Medical Benefits $ 1,253,387 $ 1,317,767 $ 64,380 5.14% Other $ 7,970,807 $ 8,120,707 $ 149,900 1.88% Total Employee Benefits Guilford is a SUSTAINABLE CT CERTIFIED™ municipality.
13 Increases in Operating Budget Over $50,000 Board of Revised Selectmen Budget Budget Budget Budget Increase Increase FY 2019-20 FY 2020-21 $ % Building $ 124,692 $ 192,796 $ 68,104 54.62% Capital $ 852,134 $ 1,026,581 $ 174,447 20.47% Fire Department $ 4,653,919 $ 4,946,432 $ 292,513 6.29% Public Works $ 2,161,738 $ 2,232,842 $ 71,104 3.29% Employee Benefits $ 7,970,807 $ 8,120,707 $ 149,900 1.88% Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
14 Reductions in Operating Budget Board of Revised Selectmen Budget Budget Budget Budget Decrease Decrease FY 2019-20 FY 2020-21 $ % Legal $ 501,642 $ 423,026 $ (78,616) -15.67% Board of Assessment Appeals $ 4,950 $ 4,200 $ (750) -15.15% Golf Course $ 282,028 $ 256,755 $ (25,273) -8.96% Historic District $ 3,150 $ 2,875 $ (275) -8.73% Town Properties $ 1,002,912 $ 985,809 $ (17,103) -1.71% Information Systems $ 272,719 $ 269,313 $ (3,406) -1.25% Assessor's Office $ 233,149 $ 230,425 $ (2,724) -1.17% Youth & Family Services $ 525,549 $ 521,907 $ (3,642) -0.69% Library $ 1,035,942 $ 1,031,752 $ (4,190) -0.40% Town Clerk $ 173,520 $ 173,332 $ (188) -0.11%
15 Components of Capital Budget Over $25,000 Board of Selectmen $ 37,500 Building $ 25,000 Communications $ 40,000 Engineering $ 75,000 Fire $ 222,020 Park & Recreation $ 236,000 Police $ 187,091 Public Works $ 120,000 Waste Transfer $ 25,000 Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
16 Capital Projects Funded by General Fund $1,200,000 $1,056,115 $1,026,581 $1,020,132 $1,000,000 $951,462 $870,657 $876,634 $856,380 $805,380 $800,000 $638,025 $600,000 $476,264 $400,000 $200,000 1 $- 0 2012 2013 2014 2015 2016 2017 2018 2019 2021 Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
17 Components of Operating Revenue 2019-20 2020-21 Change Property Taxes $ 94,549,855 $ 97,282,419 $ 2,732,564 Local Revenue Interest Income $ 425,000 $ 525,000 $ 100,000 Building Permits $ 385,000 $ 625,000 $ 240,000 Tow n Clerk $ 636,550 $ 695,975 $ 59,425 EMS Revenue $ 855,000 $ 885,000 $ 30,000 Delinquent Taxes and Interest $ 455,000 $ 455,250 $ 250 Other Local $ 595,291 $ 596,522 $ 1,231 Total Intra Governmental $ 3,351,841 $ 3,782,747 $ 430,906 State Revenue State Grants $ 1,002,058 $ 1,011,558 $ 9,500 Teachers Retirement $ (166,000) $ - $ 166,000 BOE/ECS State Grant $ 1,862,392 $ 1,766,527 $ (95,865) Total Revenue $ 100,600,146 $ 103,843,251 $ 3,243,105 Guilford is a SUSTAINABLE CT CERTIFIED™ municipality.
18 Grand List Growth Net Taxable Real Estate $ 12,217,334 0.45% Net Taxable Motor Vehicles $ 3,762,107 1.94% Net Taxable Personal Property $ 19,419,340 25.55% Total Net Taxable Grand List $ 35,398,781 1.18% Additional Revenue Generated $ 1,133,823 Guilford is a SUSTAINABLE CT CERTIFIED™ municipality.
19 Total Grand List Real Estate 2,737,281,948 89.71% Residential 2,468,645,840 90.19% Commercial/Industrial/Apartments 251,488,458 9.19% Vacant Land, Forest, Farm, Open Space 17,147,650 0.63% Motor Vehicles 199,368,510 6.53% Personal Property 114,548,944 3.75% Total Gross Grand List 3,051,199,402 Guilford is a SUSTAINABLE CT CERTIFIED™ municipality .
20 BOS Estimated State Grant Revenue 2020-21 2018-19 2019-20 2019-20 BOARD OF ACTUAL ADOPTED DEPT. SELECTMEN COLLECTED BUDGET ESTIMATE ESTIMATE BOARD OF EDUCATION 40310 BD/ED ST-EQUALIZATION GRANT 2,156,390 1,862,392 1,961,460 1,766,527 Teacher's Retirement - (166,000) - - TOTAL 2,156,390 1,696,392 1,961,460 1,766,527 OTHER STATE REVENUE - 40311 TAX RELIEF $ 18,936 $ 20,000 $ 18,660 $ 20,000 40315 TAX RELIEF ELDERLY-FREEZE $ 2,303 $ 2,300 $ 2,238 $ 2,300 40318 PILOT-WATER COMPANY LAND $ 66,377 $ 50,000 $ 60,799 $ 60,000 40319 ST OF CT-TELECOMMUNICATIONS $ 50,088 $ - $ 50,000 $ - 40321 MISCELLANEOUS $ 7,032 $ 7,500 $ 6,900 $ 7,000 40324 TOWN AID ROAD GRANT $ 360,850 $ 360,850 $ 360,850 $ 360,850 40338 MUNICIPAL GRANTS-IN-AID $ 64,848 $ 64,848 $ 64,848 $ 64,848 40346 MUNICIPAL STABILIZATION GRT $ 496,560 $ 496,560 $ 496,560 $ 496,560 $ - TOTAL $ 1,066,994 $ 1,002,058 $ 1,060,855 $ 1,011,558 GRAND TOTAL STATE REVENUE $ 3,223,384 $ 2,698,450 $ 3,022,315 $ 2,778,085 Guilford is a SUSTAINABLE CT CERTIFIED™ municipality.
21 Components of Bonded Debt Service Project Financed Gross Debt Service* % of Total New GHS $ 4,704,470 44.44% School $ 2,330,574 22.01% Town $ 3,551,758 33.55% $ 10,586,802 Reserves Applied $ (180,927) Net Debt Expense $ 10,405,875 *Does not include EPC Lease Guilford is a SUSTAINABLE CT CERTIFIED™ municipality.
22 Debt Service Projection Town and School Projects & GHS New Construction Existing & Projected (net of proceeds) Town and School Guilford High School $11,000 $10,000 Opportunities for New Debt $9,000 with no budgetary impact $8,000 Annual Debt Service $(000)s $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $-
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