Okaloosa County BOCC — August 28, 2013 — reading text

Culture/Recreation $25,236,408 $27,385,385 8.5% Court-Related Expenditures $2,336,232 $2,447,783 4.8% Internal Services $19,616,340 $19,693,416 0.4% Redemption of Debt $2,301,108 $2,977,208 29.4% Interfund Transfer $4,958,815 $5,597,901 12.9% Transfers to Elected Officials $33,846,814 $36,408,540 7.6% Reserves $36,055,700 $31,700,195 -12.1% Total $257,241,963 $279,897,664 8.8% Packet Pg. 11  Property Value - Last Ten Years Year Final Valuation Millage Taxes @ 95% Total Budget 2005 $10,767,916,378 4.2500 $43,475,462 $213,637,230 2006 $13,576,903,661 4.2500 $54,816,749 $238,388,812 2007 $17,899,368,086 3.6500 $62,066,059 $292,259,226 2008 $18,806,640,352 3.3443 $59,750,295 $313,172,524 2009 $17,410,630,993 3.2995 $54,574,058 $304,080,099 2010 $16,213,042,985 3.2899 $50,672,326 $263,569,236 2011 $14,521,804,221 3.2899 $45,386,520 $280,421,796 2012 $13,802,468,365 3.2899 $43,138,304 $261,624,931 2013 $13,554,486,285 3.2899 $42,363,259 $257,241,963 2014 $13,823,628,804 (1) 3.4308 $45,529,061(2) $279,897,664 (1) Certified as of July 1, 2013. (2) Taxes at 96% Packet Pg. 12  FAC FY 13/14 Aggregate Millage Rate 8.9551 10.0000 9.0000 7.5957 7.4542 7.2551 8.0000 6.2793 7.0000 6.0000 4.1494 4.1076 5.0000 3.5165 4.0000 3.0000 2.0000 1.0000 0.0000 Packet Pg. 13  Average Debt Activity-Comparative Counties $250,000,000 $200,000,000 $125,216,216 $150,000,000 $100,000,000 $40,478,130 $23,094,028 $21,825,751 $50,000,000 $12,756,242 $1,594,241 $5,809,373 $3,776,934 $0 Bay Clay Escambia Hernando Okaloosa Santa Rosa St Johns Walton Long-Term Debt Debt Serv Expenditures Packet Pg. 14  FY 2013-14 Public Budget Hearing Sept. 5, 2013 o Public Safety o Essential Services oQuality of Life Corrections Airports Museums Inspections Constitutional Offices Libraries Extension Services Parks EMS (Emergency Med. Facilities Maintenance Svs.) Tourist Development Council Growth Management Emergency Management Information Systems Veterans Services Sheriff Judicial Costs Health Dept. OCT-WAVE Bus Public Works Water & Sewer 1 Packet Pg. 15  Budget History — Board Strategy: — 1) reduced staffing and operational expenses: 89 fewer employees to date — 2) delay of vehicles and equipment replacements — 3) limiting of capital projects — 4) the drawing down of discretionary reserves — All Departments and Constitutional Officers Experienced Cutback & Reduced Budgets 2 Packet Pg. 16  Property Valuation Last Ten Years 8 Years Value Increase 1.5 Percent $20 18.8 17.9 17.4 16.2 14.5 $15 13.6 13.8 13.6 13.8 10.8 Billions $10 $5 $0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Millage Rate Last Ten Years .82 Mills in 9 Years; 19.3 Percent Decrease $5 4.2500 4.2500 $4 3.6500 3.3443 3.2995 3.2899 3.2899 3.2899 3.2899 3.4308 $3 Dollars $2 $1 $0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 3 Year Packet Pg. 17  Total Budget Last Ten Years 7 Years, $12.6 Million Decrease; 4.3 percent $400 $350 313.2 292.3 304.1 $300 280.4 279.9 263.6 261.6 257.2 238.4 $250 213.6 Millions $200 $150 $100 $50 $0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Property Taxes 7 Years $16.6 Million Decrease or 26.7 percent. Last Ten Years 8 Years $9.3 Million Decrease, 17 percent 9 Years $2 Million Increase, 4.6 percent $80 62.1 59.8 $60 54.8 54.6 50.7 43.5 45.4 43.1 45.5 42.4 Millions $40 $20 $0 4 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Packet Pg. 18 5 Packet Pg. 19 6 Packet Pg. 20 7 Packet Pg. 21  Budget Overview FY14 Capital Projects — Corrections — $125,000 Jail Roof Repairs — $100,000 Jail Gutters — $225,000 Jail Chiller — $ 27,000 Jail Sally Port Doors — Facilities — $500,000 Old FWB Hospital renovation — $ 65,000 Brackin Building remodeling — $110,000 Sheriff Office (Brackin St. Station roof) 8 Packet Pg. 22  Budget Overview FY14 Capital Projects — Public Works-Transportation — $1,531,000 Road Equipment — Public Works-Parks — $ 85,000 Veterans Park — $ 55,000 Veterans Park — $ 75,000 Boat Ramp 9 Packet Pg. 23  Budget Overview — Proposed budget represents a conservative effort to restore some General Fund operations, in order to meet the needs of citizens and solve urgent problems, while using the Board’s prioritization of services through the Strategic Plan. — Recommend reversal the five year trend to meet challenges of 2014 — This budget includes an approximate 3% salary increase for employees beginning October 1, 2013 10 Packet Pg. 24 Okaloosa County Proposed Budget 2012-13 2013-14 Millage 3.2899 3.4308 Ad Valorem Total $42,363,259 $45,529,061