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July 10, 2014 FY 2014-2015 RECOMMENDED BUDGET. Overview 2  FY 2014-2015 Recommended Budget  The General Revenue Budget  The Budget Over Time.

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Presentation on theme: "July 10, 2014 FY 2014-2015 RECOMMENDED BUDGET. Overview 2  FY 2014-2015 Recommended Budget  The General Revenue Budget  The Budget Over Time."— Presentation transcript:

1 July 10, 2014 FY RECOMMENDED BUDGET

2 Overview 2  FY Recommended Budget  The General Revenue Budget  The Budget Over Time

3 FY Recommended Budget Fact Sheet 3  The recommended budget of $1,003,743,884 represents a reduction of $8.6 million from the current FY budget  The aggregate operating millage rate is proposed at , a 1.37% decrease below the FY aggregate operating millage rate  Most tax rates are set to Charter maximums as approved by the voters of Brevard County  Those tax rates that were previously approved by the voters are set within the Voter approved limits

4 Charter Cap 4  The Board shall not impose any ad valorem tax for county purposes or within any municipal services taxing unit, or district  At a millage rate which causes the budgeted revenue to increase over the budgeted ad valorem revenue for the previous fiscal year  By more than the lesser of: (1) three percent, or (2) the change CPI  Excluding revenue change associated with new construction

5 FY Recommended Budget Fact Sheet 5  General Government Operating Revenues increase overall by $5,911,799.  General Government Expenditures increase by $7,910,145: Increase transfers to Charter Officers, $5,256,552 (offset by the Animal Services reduction: $2,291,291) Increased CRA Payments (including NBEDZ), $3,451,826 Increase transfers to Court Operations, $503,873 Increase Expenses to support State Mandates, $374,144 Increase to General Fund support of Employer Health Insurance, $615,041

6 FY Recommended Budget Fact Sheet 6  Animal Services is transferred to the BCSO  Service levels have been maintained  Country Acres closure  Elimination of First Responder funding  The budget includes no merit or COLA salary increases for BOCC employees  The County’s Health Insurance rates for FY have increased by 14%

7 7 THE FY RECOMMENDED BUDGET

8 FY Recommended Budget 8 Expenditure Categories Current Budget Fiscal Year Recommended Budget Fiscal Year $ Change % Change Operating Expenses$419,596,362$409,216,757($10,379,605)-2.47% Capital$159,262,981$134,991,228($24,271,753) % Debt Service$33,713,343$32,372,202($1,341,141)-3.98% Transfers$164,183,439$172,546,270$8,362, % Reserves$235,556,781$254,617,427$19,060, % Total Budget$1,012,312,906$1,003,743,884($8,569,022)-0.85%

9 Adopted Budget – FY through FY 14-15: 9

10 Brevard County Population – 2006 through

11 Brevard County Board Department Staffing Level and County Population 11

12 Adopted Budget/per Capita – FY through FY

13 13 THE FY RECOMMENDED BUDGET: $1,003,743,884

14 14 THE FY REC. BUDGET: Operating Revenue: $579,036,087

15 15 Restricted Uses of Revenue

16 Declining Budgeted Operating Property Taxes FY 07 to FY 15 ($ in Millions) 16 Tax DistrictBudgeted FY 06/07 Proposed Budget FY 14/15 Difference General Fund$150.96$131.17($19.79) Library$21.60$16.15($5.45) Mosquito Control$7.07$5.80($1.27) Fire Control MSTU (Voted) $11.59$10.78($0.81) Law Enforcement MSTU$14.26$16.86$2.60 Road & Bridge MSTUs$5.44$4.67($0.77) Parks & Rec. Districts$17.35$7.92($9.43) EELS (Voted)$3.42$1.57($1.85) TOTAL$231.70$194.93($36.77)

17 17 THE FY GENERAL REVENUE BUDGET

18 18 THE FY BUDGET: General Gov’t Operating Revenue: $179,790,441

19 General Revenue Supports 19  The Sheriff’s Office  Unfunded Mandates  Parks and Recreation  Fire Rescue/Emergency Medical Services  Facilities  Property Appraiser  Tax Collector  Public Works  Housing and Human Services  Courts  More than $161 Million

20 Unfunded Mandates: 20 Medicaid$6,931,310 Baker Act$1,748,507 Pre-trial Detention of Juveniles$1,414,718 Medical Examiner$1,355,653 Comprehensive Plan$982,307 Legal Aid$256,500 Other$394,400

21 That Leaves About $19 Million To Support: 21 More then 150 additional programs and services within:  Asset Management  Budget Office  Clerk of Courts Board Finance and Board Minutes  Code Enforcement  County Attorney  County Commissioners  County Manager’s Office  General Fund Debt Payments

22 That Leaves About $19 Million To Support: 22  Human Resource  Information Technology  Natural Resources Management  Planning and Zoning  Purchasing Services  UF Extension Services  Site Plan and Subdivision Review  SCGTV

23 Budget Challenges 23 Merit and Cost of Living Pay Raises Deferred Road Maintenance and Capacity Facilities Improvements and Repairs Health Insurance Increases Technology Improvements General Fund Reserve Investment

24 Next Steps 24 July 22 nd - Tentative Millage Hearing August 12 th – Melbourne Tillman Rate Hearing September 9 th – 1 st Budget Hearing September 23 rd – Final Budget Hearing

25 FY07 Actual vs. FY15 Recomm 25 FY FY Adopted Budget AssignedRecommended Budget Operating Expenses$457,956,422 $407,609,849$409,216,757 Capital$244,123,552 $119,756,589$134,991,228 Debt Service$50,279,881 $56,407,192$32,372,202 Transfers$175,921,069 $184,325,771$172,546,270 Reserves$232,026,846 N/A$254,617,427 Total$1,160,307,770$768,099,401$1,003,743,884 Total w/o Reserves$928,280,924$768,099,401$749,126,457


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