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DeKalb County 2007 Tax Funds Budget. Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 2 CEO & BOC establish.

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Presentation on theme: "DeKalb County 2007 Tax Funds Budget. Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 2 CEO & BOC establish."— Presentation transcript:

1 DeKalb County 2007 Tax Funds Budget

2 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 2 CEO & BOC establish prioritiesJuly 2006 Departments submit requestsAugust 29, 2006 CEO submits budget to BOCDecember 4, 2006 Public Information Meetings heldDecember 4 - 6, 2006 Budget Review Committee meetingsJanuary 2007 Public Hearings & BOC adopts budgetJanuary 9 & 23, 2007 Important Dates

3 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 3 Balanced Budget Homestead Exemption utilizing 80% of HOST Receipts Process & Technology Improvements Priorities for 2007

4 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 4 Revenues (in millions) Revenues (in millions) Before prior year expenditure encumbrances

5 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments Revenues

6 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments Budget Components

7 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 7 Budget Changes from 2006

8 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 8 *Includes Hospital, Debt Service, Human Services, Parks & Libraries & General Operations Budget Comparison (in millions) Budget Comparison (in millions)

9 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 9 Operating Expenditure Trends (in millions) Operating Expenditure Trends (in millions)

10 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 10 Requests from Departments$710,198, Recommended Base Budget $609,986, Adopted Budget (Mid Year)$580,894,184 Budget Change from Prior Budget5.0% Budget Summary Tax Funds Only Budget Summary Tax Funds Only

11 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 11 Full Implementation of 311 (Citizen Help Center). Design upgrades to wastewater treatment system. Continued focus on upgrading Public Safety facilities and equipment. Consolidation of Information Services Operational Systems. Expedited Implementation of 2006 Bond Projects. Upgrade of Clerk of Superior Court Information Systems. Planned Operational Improvements

12 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 12  State of Georgia will continue HTRC program up to $8,000 per homestead in  Continuation of administrative controls on filling of vacant positions and overtime.  Floating Exemption for Homesteads for County taxes only. Budget Assumptions

13 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 13 Average Water Usage 7,000 gallons per month. Includes Homeowners Tax Relief Credit ($8,000). Excludes State & School Taxes. Local Government Comparison Cost of Water & Sewer, Sanitation and Taxes For a $200,000 Home Local Government Comparison Cost of Water & Sewer, Sanitation and Taxes For a $200,000 Home

14 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 14 Tax Savings On $200,000 Home In 2007 Tax Savings On $200,000 Home In 2007

15 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 15 Homestead property taxes. Where Your Tax Dollar Is Spent

16 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 16 After Standard Exemptions and Homeowners Tax Relief Credit ($8,000) HOST Receipts vs. Exemptions (in millions) HOST Receipts vs. Exemptions (in millions)

17 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 17 DeKalb Homestead Taxes 2001 – 2007 Home Value of $200,000 DeKalb Homestead Taxes 2001 – 2007 Home Value of $200,000

18 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 18 Home Value DeKalbCobbFultonGwinnett $200,000$357.66$ $ $ $300, , , $400, , , , $500,0001, , , , After Standard Exemption, Homeowners Tax Relief Credit of $8,000 and HOST Credit. Homestead Operating Taxes DeKalb: “The Best Deal in Town” Homestead Operating Taxes DeKalb: “The Best Deal in Town”

19 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 19 Collections Homesteads and 100% Exemption Target YearHOST Collections 100% Exemption Target Net Units Added 2000$87,658,299$ 79,395,6244, ,975,664 89,863,3805, ,342,564 98,951,4864, ,684, ,732,6383, ,065, ,043,6981, ,900, ,546, est.101,000, ,345, Average Annual % 2.5%9.7%

20 Budget Process Revenues Expenditures Assumptions Analysis HOST & Homestead Accomplishments 20 Accomplishments in 2006  2 nd AAA Bond Rating  Juvenile Court Near Completion  New Police & Fire & Headquarters Opened  Fire Station 26 Completed  Technology Projects: –Hansen Planning & Development System –311 Citizen Help Center Pilot –Increased Security & Disaster Recovery Capabilities –Initiated New Property Appraisal & Tax Collection Information Systems  Park & Greenspace Projects


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