walworth county 2011 preliminary budget planning for the future
TRANSCRIPT
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Walworth CountyWalworth County2011 Preliminary 2011 Preliminary
BudgetBudgetPlanning for the future
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The BudgetThe Budget
is a legal documentis a legal document
insures fiscal controlinsures fiscal control
is a planning toolis a planning tool
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Property Tax BillProperty Tax Bill
School district(s)School district(s)
County of WalworthCounty of Walworth City, town or villageCity, town or village
Gateway Technical CollegeGateway Technical College
State of WisconsinState of Wisconsin
Special taxing districtsSpecial taxing districts
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County TaxCounty Tax
Library LevyLibrary Levy
Debt Service LevyDebt Service Levy
Children with Disabilities Children with Disabilities Education Board (CDEB) LevyEducation Board (CDEB) Levy
Other Operating LevyOther Operating Levy
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Library LevyLibrary Levy
20102010 $1,403,57$1,403,5766
20112011 $1,462,04$1,462,0400
ChangChangee
$58,464$58,464 +4.17%+4.17%
Wisconsin Statue 43.64(1) provides for the Library tax levy.
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Debt ServiceDebt Service
Wisconsin Statute 67.03(1) limits the amount of debt that can be issued by a County to 5% of the
equalized value of taxable property.
General General
Debt LevyDebt LevyLHCC/CDEB LHCC/CDEB
Debt LevyDebt LevyRequired Required
PaymentsPayments
20102010 $5,190,603$5,190,603 $1,947,993$1,947,993 $8,818,389$8,818,389
20112011 $4,177,192$4,177,192 $1,900,111$1,900,111 $7,169,363$7,169,363
ChangChangee
($1,013,411($1,013,411))
$47,882$47,882 ($1,649,02($1,649,026)6)
%% (19.52%)(19.52%) (2.46%)(2.46%) (18.70%)(18.70%)
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Debt ProjectionDebt Projection
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
$8,000,000
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 CDEB LHCC Roads Other New Borrowings
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Future Bonded Capital Future Bonded Capital ProjectsProjects
Estimated Estimated CostCost
2011 Road Construction2011 Road Construction $8,000,000$8,000,000
2013 Road Construction2013 Road Construction $6,000,000$6,000,000
2014 Jail Expansion2014 Jail Expansion $9,500,000$9,500,000
2015 Road Construction2015 Road Construction $7,000,000$7,000,000
Future Goal: Continue to look for ways to reduce the need to borrow.
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Children with Disabilities Children with Disabilities Education Board (CDEB) Education Board (CDEB)
LevyLevy20102010 $8,557,432$8,557,432
20112011 $8,500,312$8,500,312
ChangeChange ($57,120)($57,120) (0.67%)(0.67%)
• CDEB is not a uniform tax
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Other OperatingOther Operating
20102010 $43,936,256$43,936,256
20112011 $46,651,081$46,651,081
ChangeChange $2,717,825$2,717,825 +6.18%+6.18%
• The balance of county departments
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2011 Preliminary 2011 Preliminary BudgetBudget
2010 2010
Tax LevyTax LevyAverage Average
Mill RateMill Rate2011 2011
Tax LevyTax LevyAverage Average
Mill RateMill Rate
LibraryLibrary $1,403,576$1,403,576$0.09364$0.09364
22 $1,462,040$1,462,040$0.10117$0.10117
99
Debt ServiceDebt Service $5,190,603$5,190,603$0.34630$0.34630
22 $4,177,192$4,177,192$0.28907$0.28907
77
CDEBCDEB $8,557,432$8,557,432$0.58576$0.58576
22 $8,500,312$8,500,312$0.58825$0.58825
33
OperatingOperating$43,936,25$43,936,25
66$2.93129$2.93129
77$46,651,08$46,651,08
11$3.22842$3.22842
99
Total Tax LevyTotal Tax Levy$59,087,86$59,087,86
77$3.95700$3.95700
33$60,790,62$60,790,62
55$4.20693$4.20693
88
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Equalized ValuesEqualized Values
$0
$2
$4
$6
$8
$10
$12
$14
$16
$18
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Tax Incremental Financing Districts Equalized ValueEqualized value without TID
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Calculating the TaxCalculating the Tax
$150,000 house (assuming 100% $150,000 house (assuming 100% assessment ratio):assessment ratio):
1. (150,000 / 1,000) = 1501. (150,000 / 1,000) = 150
2. 150 * 4.206938 = 6312. 150 * 4.206938 = 631
$631 Walworth County taxes$631 Walworth County taxes
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1992 Operating Mill Rate 1992 Operating Mill Rate CapCap
Wisconsin State Statute 59.605 imposes an Wisconsin State Statute 59.605 imposes an operating levy rate limit on counties. The operating levy rate limit on counties. The operating tax levy rate may not exceed the operating tax levy rate may not exceed the 1992 rate. This limit excludes library, debt 1992 rate. This limit excludes library, debt service and the CDEB tax levies.service and the CDEB tax levies.
1992 Operating mill rate1992 Operating mill rate 3.846215 3.846215 2010 Operating mill rate2010 Operating mill rate 3.231416 3.231416 Under the cap (0.614799) or Under the cap (0.614799) or
($8,883,896)($8,883,896)
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2005 State Levy Limits 2005 State Levy Limits (as amended in 2009)(as amended in 2009)
Limit excludes CDEB, library aid, and Limit excludes CDEB, library aid, and increases in debt service paymentsincreases in debt service payments
Limit allows for carry forward of unused 2007 Limit allows for carry forward of unused 2007 levy (2008 purposes).levy (2008 purposes).
Under limit by $3,657,882Under limit by $3,657,882
The increase may not exceed the The increase may not exceed the greater of 3% plus terminated TID (0) greater of 3% plus terminated TID (0) or the increase in net new construction or the increase in net new construction (0.091%) plus terminated TID (0).(0.091%) plus terminated TID (0).
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Self-Imposed LimitSelf-Imposed Limit
The Walworth County Board established a goal The Walworth County Board established a goal limiting growth in the tax levy:limiting growth in the tax levy:
Calculated levy goalCalculated levy goal4.59%4.59%Self-imposed recommendationSelf-imposed recommendation 2.89%2.89%2010 levy increase2010 levy increase 2.88%2.88%Under calculated goal (1.64%) or ($1,011,739)Under calculated goal (1.64%) or ($1,011,739)Under recommended goal (.008%) or ($4,881)Under recommended goal (.008%) or ($4,881)
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2011 Preliminary 2011 Preliminary ExpendituresExpenditures
Other Financing
Uses6%
Purchased Services
13%
Other Operating
25%
Wages & Benefits
49%
Capital/Cost Acctg
7%
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Wages & Benefits – Wages & Benefits – 49%49%
$0
$10
$20
$30
$40
$50
$60
$70
$80
2007 2008 2009 2010 2011
Mill
ions
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Full-time Equivalents Full-time Equivalents (FTE)(FTE)
1,054.901,032.81 1,020.24
971.56 936.86914.96
888.20871.62 846.77
826.90
500
600
700
800
900
1,000
1,100
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
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Wage/Benefit ComparisonWage/Benefit ComparisonWages
Benefits
$40
$41
$42
$43
$44
$45
$46
$47
$48
$49
2005 2006 2007 2008 2009 2010 2011$18
$20
$22
$24
$26
$28
$30
$32
$34
Wages Benefits Benefits without OPEB
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Other Post Employment Benefits Other Post Employment Benefits (OPEB)(OPEB)
$0
$2
$4
$6
$8
$10
$12
$14
$16
2005 2006 2007 2008 2009 2010(proj)
2011 (est)
Mill
ions
Value of Assets Net OPEB Obligation
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OPEB Liability by CategoryOPEB Liability by Category
$0
$1
$2
$3
$4
$5
$6
$7
CDEB Public Works LHCC Sworn Other
Mill
ions
Funded & Required Unfunded & Required Prior Service
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2011 Preliminary Revenues2011 Preliminary Revenues
Equity2.2%
Program Income14.1%
Interdept Rev14.6%
Other Financing6.8%
Taxes5.8%
Federal/State Aid15.5%
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Unrestricted EquityUnrestricted Equity
2009 Actual 2009 Actual % of % of
RevenueRevenuess
AvailableAvailable 2011 2011 Add/(Use)Add/(Use)
General General FundFund
$19,188,27$19,188,279*9* 24.41%24.41%
$ $ 3,468,6553,468,655 ($773,800)($773,800)
CDEBCDEB $1,294,186$1,294,186 18.76%18.76% $ -$ - ($20,000)($20,000)
Public WorksPublic Works$1,008,040$1,008,040
** 16.61%16.61% $ -$ -
($19,425)($19,425)
LHCCLHCC $5,556,134$5,556,134 56.0%56.0%$ $
3,571,7433,571,743($1,210,736($1,210,736
))
County Ordinance states target reserves should be County Ordinance states target reserves should be between 15-20% of allowable revenuesbetween 15-20% of allowable revenues
* Less the approved usage of funds in 2010.
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Insurance Unrestricted Insurance Unrestricted EquityEquity
2009 2009 ActualActual
Upper Upper RangeRange AvailableAvailable 2011 2011
Add/(Use)Add/(Use)
Health InsHealth Ins$6,634,23$6,634,23
66$5,192,01$5,192,01
99$1,442,2$1,442,2
1717 ($645,271)($645,271)
Dental InsDental Ins $252,101$252,101 $235,265$235,265 $16,836$16,836 $9,656$9,656
Work Work CompComp $648,085$648,085 $276,863$276,863 $371,222$371,222 ($145,200)($145,200)
Risk Risk MgmtMgmt*
$4,482,98$4,482,9888
$4,000,00$4,000,0000 $482,988$482,988 ($379,905) ($379,905)
County Ordinance states Health, Dental and County Ordinance states Health, Dental and Workers Comp reserves should be a minimum Workers Comp reserves should be a minimum of 3 to 4 months of prior years average claimsof 3 to 4 months of prior years average claims
* Target Risk Management reserve is $4,000,000
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Saving for the FutureSaving for the Future
Road ConstructionRoad Construction
Required severance benefits/payoutsRequired severance benefits/payouts
Election equipmentElection equipment
ParksParks
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Appropriation AllocationAppropriation Allocation
Public Works9%
All Other Depts4%
Sheriff41%
Health & Human Services
19%
Children w/ Dis Ed Board
14% Debt Service
7%
Lakeland Health Care Center 6%
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CDEB Budget FactorsCDEB Budget Factors
Full Time Equivalent PositionsFull Time Equivalent Positions 2006 – 196.89 FTEs2006 – 196.89 FTEs 2011 – 118.22 FTEs2011 – 118.22 FTEs
Change of 78.67 positions
State Aid ($390,000)State Aid ($390,000) Payroll Costs ($467,000)Payroll Costs ($467,000)
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Dept of Public WorksDept of Public Works
Central Services, Facilities, HighwayCentral Services, Facilities, Highway $136,000 decrease in Highway state aid $136,000 decrease in Highway state aid
and state reimbursements and state reimbursements $163,000 increase in employee payouts$163,000 increase in employee payouts $123,000 increase in depreciation$123,000 increase in depreciation
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Lakeland Health Care Lakeland Health Care Center Center
10 Year Plan10 Year Plan
$0
$1
$2
$3
$4
$5
$6
$7
$8
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Mill
ions
Reserved Balances Property Tax
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Insurance FundsInsurance Funds
• Health Insurance:Health Insurance: Cost savings via third party Cost savings via third party
vendorsvendors Claims expense downClaims expense down Employee wellness initiatives Employee wellness initiatives Overall health of Overall health of
employees/spousesemployees/spouses Federal healthcare reform planFederal healthcare reform plan 0% increase for 2011 premiums0% increase for 2011 premiums
• Risk Management Insurance:Risk Management Insurance: New safety coordinator New safety coordinator
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Tax Levy – 40.9% Tax Levy – 40.9% $60,790,625 $60,790,625
Balanced budgetBalanced budget The tax levy is the difference between the The tax levy is the difference between the
expenditures and all other revenues.expenditures and all other revenues.
$0
$10
$20
$30
$40
$50
$60
$70
2007 2008 2009 2010 2011
Mill
ions
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Historical Tax Levy Historical Tax Levy IncreasesIncreases
4.60%
2.89%
4.50%
6.18%
4.81% 4.88%
2.88%
7.59%
10.05%
5.68%
0%
2%
4%
6%
8%
10%
12%
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
2010 change in levy ranked 46th of 72 counties2010 change in levy ranked 46th of 72 counties
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Historical Average Mill Historical Average Mill RatesRates
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
$5.50
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Out of 72 Counties, Walworth County:Out of 72 Counties, Walworth County: Ranked 54th for 2010 mill rate ($3.94) compared to avg Ranked 54th for 2010 mill rate ($3.94) compared to avg
($4.76)($4.76) Ranked 53rd for change in mill ratesRanked 53rd for change in mill rates
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The 2011 Walworth County Preliminary Budget is available for
review in the County Clerk & Finance offices and on the
County’s website.
www.co.walworth.wi.us