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Hendry County Board of County Commissioners

2014-2015 Budget Workshop June 03, 2014. Hendry County Board of County Commissioners . Janet Taylor Darrell Harris District I District II

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Hendry County Board of County Commissioners

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  1. 2014-2015 Budget Workshop June 03, 2014 Hendry County Board of County Commissioners

  2. Janet Taylor Darrell Harris District I District II Karson Turner Don Davis Mike Swindle District V District III District IV Chairman Charles Chapman Jennifer Davis Mark Lapp County Administrator Office of Management County Attorney & Budget Director 2014/2015 Budget Workshop

  3. Value Taxes Compare these percentages. Difference is 18.81%

  4. Taxes levied from 2006 • Projections made for future Ad Valorem values for discussion purposes • 2016 = 2.00% • 2017 = 2.50% • 2018 = 3.00%

  5. Value Taxes Compare these percentages. Difference is still 18.81%

  6. Hendry Statistics • 2013 Total Just Value = $5,132,755,461 • 2013 Taxable Value = $1,747,160,857 • 34% of Just Value is taxable, ranking # 5 in the State for the lowest taxable amount over Just Value State wide, or 66% Exempt. • 41% of Just Value is not assessed. • $921,000,000 State Land • $ 9,000,000 Conservation Easements • $68,000,000 Churches • $151,000,000 First $25K Exemption • $65,000,000 Second $25K Exemption • $12,000,000 Senior Exemption Total = $1.2 Billion • 31.77% of population is eligible for Medicaid, ranking # 1 in the State for the most eligible per capita.

  7. 2015 PROJECTIONS – • Ad Valorem – • June 1st estimate of $1,751,747,903 • This represents .50% increase over prior year, or approximately $65,000. • July 1st we will receive a revised final figure. • State Revenue - Estimated revenues will not come out until late June from the State. It is anticipated that we will see an increase but is unknown at this time. • Local Revenue - Initial local revenue projections are consistent with current year projections, however there are significant non-recurring sources that are no longer available for transfer.

  8. 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.   

  9. 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.

  10. State Legislature: • Retirement - Increases to address the unfunded actuarial liabilities of the system were implemented. As a result, the following changes were made. FromTo Regular Class 6.95% 7.36% Special Risk 19.06% 19.81% Senior Management 18.31% 21.13% Elected Officials 33.03% 43.23% DROP Employees 12.84% 12.28% Estimate of $80,000 effect to general fund.

  11. Electrical Franchise Fees: + Did not receive information from all companies. Amount would be greater if imposed.

  12. Natural Gas Franchise Fees: Discussions were held with Fl. City Gas and TECO Gas regarding natural gas franchise fees. • Fl City Gas = Agreeable • TECO Gas = NOT Agreeable - TECO gas currently has agreements with municipalities but does not willingly enter into franchise agreements with counties.

  13. Millage Proposals: 1 Mill = $1,751,748 for 2014/2015 Fiscal Year Impact of Millage Rate on Taxable Value

  14. Sheriff Budget Request: 2014 request is $627,095 more than current year. • Request reflects a 3% Salary Increase. • Request reflects 4 new Law Enforcement Officer positions. • Request reflects $50,000 increase over last year for additional vehicle purchases. • Request reflects various other cost increases for operations. • Request will be discussed in more detail at the July 16th Budget workshop where all Constitutionals will have the opportunity to present their requests.

  15. Timelines – Estimated Tax Value: June 1 Final Taxable Value: July 1 Tentative Budget to BOCC: July 15 MSBU/TRIM Not To Exceed July 22 TRIM: August 4 Tentative Budget Hearing September 9, 2014 Final Budget Hearing September 23, 2014

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