Presentation is loading. Please wait.

Presentation is loading. Please wait.

Hendry County Board of County Commissioners 2013-2014 Budget Workshop June 11, 2013.

Similar presentations


Presentation on theme: "Hendry County Board of County Commissioners 2013-2014 Budget Workshop June 11, 2013."— Presentation transcript:

1 Hendry County Board of County Commissioners 2013-2014 Budget Workshop June 11, 2013

2 2013/2014 Budget Workshop Janet Taylor Darrell Harris District I District II Al Perry Karson Turner Don Davis District IV District V District III Vice – Chairman Chairman Charles Chapman Jennifer Davis Mark Lapp County Administrator Office of Management County Attorney & Budget Director

3 2012/2013 General Fund

4 2014 PROJECTIONS – Ad Valorem – June 1 st estimate of $1,677,849,952. This represents a flat valuation from prior year. July 1 st we will receive a revised final figure. State Revenue - Estimated revenues will not come out until late June from the State. Figures will be represented in budget books. Local Revenue - Initial local revenue projections are holding consistent with current year projections, however there are significant non-recurring sources that are no longer available for transfer as discussed historically.

5 Property Proceeds (Non-Recurring)$619,000 Cost Saving Measures Implemented 2013 - Recurring$885,795 Additional measures taken/in process $ TBD - Recurring$58,860 Total$1,563,655 RECAP – 2013 Cost Reductions / Efficiency Improvements / Sale Proceeds

6 Other Revenue Enhancement / Cost Reduction Options : Alternative Funding Sources– BOCC instructed staff to inquire about natural gas franchise fee. Staff met with Florida City Gas to fact find regarding process. Additional information was received that currently a 6% fee would generate approximately $100,000/year. Insurance Savings - County is going out to bid for health and p&c insurance now for next fiscal year. Results will come late July. Communication Savings - Anticipate savings in communication and technology costs. Savings to date have been $58,860.

7 State Legislature: Medicaid – The legislation implemented a new methodology over the next seven years. County shares are based on Utilization in years 1 and 2. The shift to using Enrollees as the primary factor begins in years 3-7. Legislative Leadership have committed to resolving concerns prior to the year three impacts. The total county obligation in the first year is $269.6 million. The increase in the second year from $269.6 million to $277 million is much less than what was anticipated. The increases of the total county obligation in years 3-7 are limited to 50% of the growth rate of the overall state Medicaid program. In years 3-7 the county contribution percentages will shift from 100% based on utilization to 100% based on enrollees.

8 State Legislature: Hendry County Medicaid Payment Schedule ◦ 2014$440,446 ◦ 2015$452,535 ◦ 2016$562,868 ◦ 2017$676,622 ◦ 2018$795,058 ◦ 2019$920,689 ◦ 2020$1,051,263 Future Legislative Action could adjust figures in future years In addition to the figures represented above, we are paying back the arrearage for five years at $144,656/year.

9 State Legislature: Retirement - Significant increases to address the unfunded actuarial liabilities of the system were implemented. As a result, the following changes were made. From To Regular Class 5.18% 6.95% Special Risk 14.90% 19.06% Senior Management 6.30% 18.31% Elected Officials 10.23% 33.03% DROP Employees 5.44% 12.84%

10 Sheriff Budget Request: 2014 request is $593,789 more than current year. Request reflects a 3% Salary Increase. Request reflects various other cost increases for their operations. Representative from HCSO present for questions.

11 Timelines – Estimated Tax Value:June 1 Final Taxable Value:July 1 Tentative Budget to BOCC:July 15 MSBU/TRIM Not To Exceed July 23 TRIM: August 4 Tentative Budget Hearing September 10, 2013 Final Budget Hearing September 24, 2013 Staff will be contacting you to schedule budget workshops late July, early August.


Download ppt "Hendry County Board of County Commissioners 2013-2014 Budget Workshop June 11, 2013."

Similar presentations


Ads by Google