Loading...
Agenda 06/16/2016 Agenda Index BCC BUDGET MEETING AGENDA June 16 & 17, 2016 ro osed Budget Book p FY 2016-17 BudgetWorkshops June 16th & 17th „., , ... ,.-1 g-,.,, ,.. , t,I. 'fib l- .* e _ - �._ ' `" Icy .. 7 !, ! ,!� X11) ,q� 4 , 1 il- I''''. j,j4' ' ---- ' ' --** '...4---" , 1. k 2,... 1 .,:, ' � s � � r V ` `", Collier County, Florida MEMORANDUM TO: Board of County Commissioners Leo Ochs, County Manager Nick Casalanguida, Deputy County Manager Tim Durham, Executive Manager, County Manager's office County Manager Agency Department Heads and Directors Jeff Klatzkow, County Attorney Chuck Rice, Court Administrator Stephen B. Russell, State Attorney Debbie Stanbro, State Attorney Kathleen A. Smith, Public Defender Delroy Blake, Public Defender Kevin Rambosk, Sheriff Abe Skinner, Property Appraiser Larry Ray, Tax Collector Jennifer Edwards, Supervisor of Elections Dwight Brock, Clerk of Courts Neil Dorrill, Pelican Bay Jean Jourdan, Bayshore/Gateway CRA Christie Betancourt, Immokalee CRA FROM: Mark Isackson, Director - Corporate Financial & Management Services, OMB DATE: June 10, 2016 RE: FY 2017 Board of County Commissioners Budget Workshop Schedule The attached schedule is for the FY 2017 budget review sessions with the Board of County Commissioners. The workshops are scheduled from 9:00 a.m. to 5:00 p.m. on Thursday, June 16, 2016 and if necessary on Friday, June 17, 2016 and will be held in the Commission meeting room on the third floor of the W. Harmon Turner Building. (See attached schedule). Constitutional Officers budget reviews will take place on Thursday, June 16, 2015 beginning at 1:00 p.m. Public comment will occur at the end of all budget reviews unless otherwise designated by the Board Chair. This presentation format will require greater flexibility on staffs part because as you will note in the attached schedule there are not definitive times outlined for each department/division. Please have the appropriate members of your staff on call as review times will fluctuate. The Proposed FY 2017 Collier County Budget (BCC Workshop version) is available on the Collier County Internet Site at the following link: http://www.colliergov.net If you have any questions or comments, please contact the Office of Management& Budget at 252-8973. NOTICE OF PUBLIC MEETING Notice is hereby given that the Board of County Commissioners of Collier County will conduct Budget Workshops on Thursday, June 16, 2016 and Friday, June 17, 2016, if necessary, at 9:00 a.m. Workshops will be held in the Boardroom, 3rd Floor, W. Harmon Turner Building, Collier County Government Center, 3299 East Tamiami Trail, Naples, Florida to hear the following: COLLIER COUNTY GOVERNMENT BOARD OF COUNTY COMMISSIONERS FY 2017 BUDGET WORKSHOP SCHEDULE Thursday, June 16, 2016 9:00 a.m.: General Overview Courts and Related Agencies (State Attorney and Public Defender) Growth Management Public Services Administrative Services Public Utilities Debt Service Management Offices (Pelican Bay) County Attorney Board of County Commissioners 1:00 p.m.: Constitutional Officers: Elections Clerk of Courts Sheriff Other Constitutional Officers requesting to address the BCC Public Comment roti , g„;474-_, Office of the County Manager • � § Leo E. Ochs, Jr. OUN'S 3299 Tamiami Trail East,Suite 202•Naples Florida 34112-5746•(239)252-8383•FAX:(239)252-4010 To: Board of County Commissioners 0DateFrom: Leo E. Ochs Jr., County Manager —0- Date: : June 10, 2016 Subject: FY 2017 Budget Workshop Documents Introduction: I am pleased to submit the proposed FY 2017 budget for your review and endorsement. As presented, this requested budget, absent expanded service requests, substantially meets budget guidance that was adopted by the Board in February of this year. It reflects the best efforts of your staff and the Constitutional Officers to maintain, and in appropriate circumstances, restore former unique programs and service levels within funding guidance for the benefit of our residents, visitors and the general community while continuing to fund high priority public health and safety programs, equipment and systems. Also included is a substantial commitment of limited discretionary resources to funding general governmental asset replacement and maintenance which has been deferred since FY 2007 due to the economic recession. Addressing this important capital infrastructure initiative is of critical importance and will continue for the foreseeable future as the County strives to replace and repair general governmental and enterprise assets. The format of this budget document remains consistent with prior years and includes a high level overview section followed by specific departmental and agency budget detail. The FY 2017 budget was prepared within a stable local and regional economic environment where all housing, employment and demographic indicators point to continued modest growth. Taxable Value County wide including the 2016 tax year(FY 2017) has increased for five (5) consecutive years. Median home prices are increasing at a pace higher than state and national averages; consumer spending continues to grow; visitation to the destination —while slowing somewhat- remains high; all permitting categories continue to increase—albeit at a slower pace; and the County's unemployment rate is dropping. Understanding the County's regular recurring revenue mix and the heavy reliability on property taxes underscores the significance of balancing resources allocated toward deferred asset replacement and maintenance with funding recurring and expanded operations. Limiting the County's exposure should the economy begin to slow or regress remains an important objective as resources are allocated. The FY 2017 proposed budget strikes a reasonable balance between funding for continued and expanded programs and operations driven by growth, service demands and policy initiatives with the need to fund replacement capital infrastructure and maintenance as well as new capital initiatives. Continued pressure will be placed on the General Fund as the primary appropriation engine for intergovernmental grant cash flow, general governmental program implementation, and capital funding. Renewed and increasing pressure will also be placed on the Unincorporated Area General Fund to not only fund appropriate operations on an enhanced level but also assume a much greater role as a capital repair and replacement funding source going forward. The budget document must continue to remain flexible -a key component of the budget management process. Anticipating and planning for potential new Board policy initiatives is also an important part of FY 2017 budget planning. This is on top of the continuing need to fund deferred high priority asset maintenance and equipment replacement items. Budget policy was adopted assuming a 7.0% increase in county-wide taxable value. A 2.5% component of this taxable value increase was allocated to recurring current general governmental departmental operations meaning the net cost to the General Fund and Unincorporated Area General Fund before funding expanded service requests were not to exceed 2.5%. Regarding expanded service and program requests for general governmental operations, departments were restricted to one half of one percent (.5%). The remaining 4.0% taxable value increase was devoted to general governmental capital repair and replacement needs. Budget guidance placed a premium upon allocating competing resources to address the backlog of asset repair and replacement. Taxable Property Values: Preliminary taxable value numbers provided by the Property Appraiser at the end of May revealed a county wide taxable value increase of 9.85%. The following table depicts taxable values since FY 2008 for the General Fund and the Unincorporated Area General Fund. Fiscal year 2008 represented the highest county-wide taxable value recorded for Collier County. Preliminary June 1 taxable value is 6.7% below the FY 2008 high representing a tax base gap of$5,548,930,561. General Fund Percent MSTD Unincorporated Percent Tax Year Taxable Values Change General Fund Taxable Values Change 2007(FY 08) $82,542,090,227 $53,397,231,747 2008(FY 09) $ 78,662,966,910 (4.7%) $50,860,023,424 (4.8%) 2009(FY 10) $69,976,749,096 (11.0%) $44,314,951,279 (12.8%) 2010(FY 11) $61,436,197,437 (12.2%) $38,146,886,403 (13.9%) 2011 (FY 12) $58,202,570,727 (5.2%) $36,013,774,963 (5.6%) 2012(FY 13) $58,492,762,303 .50% $36,026,786,779 .04% 2013(FY 14) $60,637,773,315 3.67% $37,207,018,234 3.28% 2014(FY 15) $64,595,296,747 6.53% $39,634,174,211 6.52% 2015(FY 16) $70,086,389,131 8.50% $43,075,586,559 8.68% 2016 (FY 17)June $76,993,159,666 9.85% Taxable Value $47,373,441,498 9.98% While five (5) consecutive increases in county wide taxable value is good news, it is still prudent to employ a conservative and prudent budget philosophy going forward. This means continuing to grow general governmental reserves while striking a balance between enhanced recurring operating appropriations necessary to service an expanding population and the necessity to replace, maintain and expand the County's capital infrastructure. Release of the December 2015 State Ad Valorem Estimating Conference data projects that Collier County will continue to experience county-wide taxable value increases of approximately 7.5% annually over a five(5) year period through FY 2021. At this rate of increase, taxable value for FY 2018 (2017 tax year) will total approximately $82.8B eclipsing the value achieved in FY 2008. Trying to predict future taxable values is risky especially over a five (5) year period. Local conditions will be monitored closely and conservative fiscal practices will continue to govern our budget practices thus ensuring that the services and infrastructure enjoyed by our residents, businesses partners and visitors remains the signature of our first class destination. This is especially important given our heavy reliance upon property tax revenue. Tax rate policy will be visited each year by the Board and policy guidance will be determined in the context of desired operating service levels, continued efforts to maintain and replace infrastructure as well as new initiatives which may arise. 2 In total, budget guidance provided for a 2.5% component current operational expense increase at the department level, a .5% allocation for expanded requests, coupled with a 4.0% increase devoted to infrastructure maintenance and replacement and operating capital. This meant that the current service net cost to the General Fund (001) and Unincorporated Area General Fund (111) as well as related operating transfers out of these funds were not to exceed 2.5%. In the front of each departmental summary tab is a budget guidance compliance table which depicts net cost impacts within the General Fund (001) and Unincorporated Area General Fund (111). Applying a millage neutral tax rate in FY 2017 to this taxable value increase resulted in additional General Fund (001) ad valorem dollars totaling $24,373,100. Unincorporated Area General Fund (111) taxable value increased 9.98% and resetting the millage rate to $.8069 raises and additional $7,336,800 of which $3,035,300 will be devoted to operations and $4,301,500 will be earmarked for restarting the median landscape capital improvement program pursuant to Board direction. . General Fund ad valorem collections for FY 2016 are forecast at 96% which is consistent with prior collection history. Sales tax and state shared revenue collections are growing and receipts are trending above current budget as we approach the beginning of FY 2017. General Fund and Unincorporated Area General Fund Revenue and Expenses: The FY 2017 General Fund (001) current service budget increased $24,008,100 or 6.9% over the prior year. The Unincorporated Area MSTD General Fund (111) current service budget increased $7,115,800 or 16.4% from the prior year. The following tables identify FY 2017 General Fund (001) and Unincorporated Area General Fund (111) current service revenue and expense changes when compared to FY 2016 by significant category. General Fund(001) (Current Service Only) Variance between June Workshop FY 2017 vs. FY 2016 Adopted Budget Revenue Variances: Ad Valorem Taxes $24,373,100 Delinquent Taxes $0 State Revenue Sharing $800,000 Half Cent Sales Tax $1,800,000 Other Intergovernmental Revenues ($30,000) Enterprise Fund PILOT $817,500 Indirect Cost Reimbursement $638,000 Department Revenues ($73,700) Interfund Transfers ($192,800) Board Interest $200,000 Constitutional Officers Excess Fees/Turn Back ($30,400) Carryforward ($2,941,700) Less 5%Required by Law ($1,351,900) Total Revenue Increase $24.008,100 3 Variance between June Workshop FY 2017 vs. FY 2016 Adopted Budget Expenditure Variances: BCC Operations&Other G&A $518,400 County Manager Operations $2,883,100 Courts $48,000 County Manager Operating Transfers Road and Bridge(101) ($193,300) EMS Operations(490) $144,700 Deepwater Horizon Settlement(757) $1,981,700 Helicopter Replacement(491)(funding delta) $0 Replacement(Backlogged)Vehicles(523) ($100,000) Other Operating Funds $2,478,600 Transfers to Debt Service Fund(298) ($4,500) Transfer to Roads Capital(310,313,312,425) ($415,900) Transfer to Stormwater Capital(325,324) $975,400 Transfer to Capital Project Funds(301,306, 314,496-499) Sheriff Substation—Orangetree(funding delta) ($640,000) Sheriff Accounting System (funding delta) ($1,000,000) Sheriff Facilities&Jail Repairs $395,300 800MHz Replacement(delta in funding) ($2,675,000) Bldg Repair and Maintenance,increased funding $2,590,500 Boardroom&Webpage Upgrades $100,000 Library Books $100,000 Loans to Impact Fee Funds ($2,459,600) Other Misc Projects(General Gov'tal Capital Fund 301) $509,200 Park&Recreational Facilities(306) $850,700 Museum(314)(funding delta) $0 Airport Grants Capital(496-499) ($13,100) Constitutional Officers Clerk of the Circuit Court $180,500 Property Appraiser $173,200 Sheriff $10,682,500 Supervisor of Elections ($374,200) Tax Collector(estimate) $1,233,300 Paid by Board $113,900 Reserves $5,924,700 Total Expenditure Increase $24,008,100 Unincorporated Area General Fund(111) (Current Service Only) Variance between June Workshop FY 2017 vs.FY 2016 Adopted Budget Revenue Variances: Ad Valorem Taxes—Operating $3,035,300 Ad Valorem Taxes—Median Landscaping Capital Restart $4,301,500 Communication Service Tax $150,000 Department Revenue $3,500 Transfer Revenue $51,300 Interest and Other Miscellaneous Revenue $60,000 Carryforward(Fund Balance) ($108,300) Less 5%Required by Law ($377,500) Total Revenue Increase $7,115,800 4 Variance between June Workshop FY 2017 vs.FY 2016 Adopted Budget Expenditure Variances: Landscape Operations&Maintenance $109,000 Road Maintenance $62,500 Parks $366,600 Other GM Division,CM Agency and Public Service Ops $94,900 Transfer to Parks(306) $250,000 Transfer to Median Landscape Capital(112) $4,301,500 Transfer to Transportation Network(313) $872,700 Transfer to Storm-water(325) $160,200 Replacement(Backlogged)Vehicles(523) $100,000 Other Transfers $233,100 Transfer to Tax Collector/Property Appraiser $30,500 Reserves $534,800 Total Expenditure Increase $7.115.800 Particularly noteworthy on the revenue side is the heavy reliance on property taxes, the managed reduction in budgeted fund balance, increases in sales tax and state shared revenues and the modest increase in the communication services tax. The expenditure side reflects an increase in dollars devoted to recurring operations continued support of constitutional officer operations which represents about one half of the General Fund increase, reduction in loans to the impact fee trust funds and continued funding for capital asset replacement and maintenance, equipment replacement and new capital initiatives. The substantial Unincorporated Area General Fund increase is due to restarting the median landscape capital program. General Governmental Cash Position and Reserves: General Fund cash position at year end is always a top financial priority and to that end continued attention must be given to reserve levels, mid—year budget management and the status of transfer dollars out of the General Fund and Unincorporated Area General Fund. For the third consecutive fiscal year, no mid-year operating cuts were initiated (FY 2014, FY 2015, and FY 2016). This does not mean that budget management stops. To the contrary, close expenditure controls are always in place and monitored continually. Likewise, execution patterns are scrutinized along with transfer dollars to make sure that project appropriations are executed in a timely fashion and spent for the intended budgetary purpose. It is imperative that the General Fund beginning cash and cash equivalent balance (fund balance or carryforward) on October 1, 2016 remain sufficient to pass rating agency credit quality standards and be sized to ensure a positive cash flow during the months of October and November. This fund balance planning number is $55,000,000 or approximately 15% to 20% of actual expenses. Beginning cash position is an essential component of Collier County's overall management strategy and a key factor in external agency measurement of the County's financial strength. A critical ingredient in achieving this beginning fund balance (carryforward) number is establishing sufficient budgeted reserves to protect the cash position. In addition to protecting fund balance, reserves also provide a level of protection against unknown public safety emergencies and costs associated with unfunded state and federal mandates. 5 For Collier County, a minimum sufficient General Fund budgeted reserve level pursuant to the adopted FY 2017 budget policy is 8% of operating expense. The following is a history of budgeted reserves within the General Fund and Unincorporated Area General Fund since FY 2008 as well as the reserve percentage against operating expense. General Fund Unincorporated Area %of General Fund %of Unincorporated Fiscal Year Reserves General Fund Reserves Expenses GF Expenses FY 2017 $33,815,500 $2,440,400 8.8% 4.6% (Workshop) 2016 $27,890,800 $1,905,600 7.7% 4.2% 2015 $26,670,700 $2,220,100 8.5% 5.6% 2014 $26,217,400 $1,715,000 8.9% 4.5% 2013 $24,844,400 $1,596,200 8.7% 4.3% 2012 $18,180,900 $1,739,500 6.2% 4.5% 2011 $14,210,200 $2,925,100 4.7% 7.4% 2010 $15,569,100 $3,422,400 4.9% 7.2% 2009 $17,541,200 $2,853,500 5.0% 5.8% 2008 $20,506,000 $6,336,600 5.5% 12.9% Reserves for all Constitutional Officers are budgeted in the General Fund in accordance with budget policy. It is anticipated that proposed budgeted General Fund reserve levels will eliminate the need for mid-year operating cuts in FY 2017, assuming no unexpected revenue declines or unforeseen emergencies. The level and extent will be determined by agency spending patterns, the level of capital project execution and revenue streams. Regular and measured growth in General Fund reserves sends a strong message of fiscal health and stability to the bond rating agencies and general financial community. While it is important to continue the recovery process from significant budget reductions necessitated by the economic recession, this recovery and the level of dollars devoted to replacing deferred assets must be measured against the continued need to maintain prudent reserve levels; protect against revenue shortfalls and reliance upon ad valorem tax revenue; guard against any assault by the state legislature on the ad valorem and general county tax/revenue structure; and fulfill public expectation to maintain/enhance service levels. Erosion of General Fund equity must always be guarded against. Balancing Dollars devoted to Backlog Vehicle and Equipment Replacement and Infrastructure Repair and Replacement with New Capital Funding: The projected backlog number heading into FY 2016 totaled $41.2M. The FY 2016 adopted budget allocated $20M to backlog asset replacement and maintenance. Each year the inventory of capital assets and replacement/maintenance projects considered backlog is reviewed and for FY 2017, backlog assets are valued at$50.6M. 6 While County departments have a general understanding of backlog asset replacement and maintenance, the method of measurement varies in sophistication and a comprehensive inventory and methodology across the agency is close to implementation. Once the methodology is implemented, it is likely that the previously estimated backlog numbers will grow despite the ongoing and growing cash and carry support. Still this investment in maintaining our current capital inventory has been sizable and must be continued. A progress report on the County's asset management inventory is available for Board review and can be found under a separate appendix at the end of this budget workshop document. The following table represents the amount of capital dollars devoted to replacement/repair of backlog general governmental assets as well as dollars earmarked to current or new general governmental capital initiatives. General Fund and Unincorporated General Fund Supported Capital Recap FY 2016 FY 2017 Adopted Budget Proposed Budget Backlog Capital: Sheriff Facilities&Jail Repairs $664,200 $1,059,500 Building Repair and Maintenance $1,500,000 $4,090,500 Library Books $350,000 $450,000 Park&Recreation Repairs and Maintenance—Regional Parks(306) $750,000 $1,600,000 Park&Recreation Repairs and Maintenance—Community Parks(306) $500,000 $750,000 Helicopter(491) $2,000,000 $2,000,000 Replacement Vehicles(523) $2,050,000 $2,050,000 Bridges(313) $8,237,100 $6,800,000 Resurfacing Roads(313) $1,900,000 $2,500,000 Limerock Conversions(313) $300,000 $300,000 Storm water-Naples Park(325) $1,012,700 $1,392,200 Storm water—Golden Gate City Outfall(325) $0 $500,000 Storm water—Weirs(325) $350,000 $1,000,000 Storm water—Pine Ridge Outfall(325) $0 $100,000 Storm water—Ridge Street(325) $400,000 $500,000 Sub-total of Backlog Capital Funding $20,014,000 $25,092,200 Current Capital: Sheriff Orange tree Sub-Station $900,000 $260,000 Sheriff Accounting System Replacement $1,000,000 $0 800 MHz Replacement $6,200,000 $3,525,000 Boardroom&Webpage Upgrades $100,000 $200,000 Misc Capital $863,300 $1,372,500 Parks&Recreation(306) $320,000 $320,700 Museum(314) $200,000 $200,000 Airport Capital(496-499) $313,100 $300,000 Replacement Ambulances and Radios $1,140,000 $1,500,000 Road&Bridge(313) $1,746,700 $2,160,000 Storm water(325) $2,893,200 $2,483,200 Loans to Impact Fee Funds $5,376,500 $2,816,900 Sub-total of Current Capital Funding $21,052,800 $15,138,300 Grand Total $41,066 800 $40.230,500 Continuation of a pay as you go approach to equipment replacement and infrastructure maintenance will require a level of patience and diligence given the many programs and services competing for annual limited resources. This budget devotes considerable discretionary resources to maintenance of the transportation network- including bridge replacement, parks infrastructure and storm-water improvements. Through a combination of new ad valorem funding (millage neutral under an increasing tax base) and existing funding, the goal is to continue increasing our investment in backlog repair and replacement capital infrastructure at between $2M and $5m annually. Achieving this level of increase will of course be part of each annual budget planning process and balanced against competing Agency initiatives and programs including new capital requirements. 7 Infrastructure critical to health, safety and welfare as well as capital initiatives considered valuable to front line services will receive top priority and funding allocations will be re-appropriated as necessary to always achieve this objective. This budget once again allocates resources to continuation of the Agencies capital vehicle and equipment recovery initiative whereby each fund with equipment replacement needs will contribute to this dedicated family of funds solely for the purpose of purchasing vehicles and heavy equipment. Remember, funds are not comingled instead they are fenced off and not subject to normal scrutiny for reduction or deferral in favor of other programs or services. For FY 2017, reserve dollars in these funds secured for future replacement total $6,348,600. Issuance of New Debt The last time Collier County issued debt for new capital improvements was through various commercial paper loans from September 2007 (FY 2007) to September 2008 (FY 2008) totaling $78.4 million to finance various general governmental and public safety projects. The proposed FY 2017 budget contained within these workshop documents does not provide for the issuance of new debt. There are several reasons for why new debt is not programmed as part of these FY 2017 workshop documents nor recommended as part of the adopted budget; 1. Issuance of new long term debt can be accomplished expeditiously usually within 90 days while short term debt can be issued generally within 45 days. The adopted budget can be amended at any time to accommodate any financing based upon Board policy direction. 2. Projects which would be eligible for debt pursuant to the debt management policy are in various stages of development and most have not progressed to a point where an accurate cost estimate is available for debt purposes. 3. Taxable value increased roughly 10 percent County wide which provides a healthy increase in property tax receipts over our FY 2017 planning scenario and allows for a cautious yet continued approach to cash and carry of those backlog assets deemed priority for repair and replacement. 4. In the majority of cases, existing and new dollars have been programmed for high priority initiatives discussed with the Board previously like, bridge rehabilitation/replacement, storm-water structure enhancements, the EMS Helicopter and Big Corkscrew Regional Park. Existing budget and new money allocated in FY 2017 will allow for uninterrupted and continued progress toward completion of these initiatives including the preparation of more accurate design plans and cost estimates for Board review. The timing of any debt issuance should be synced up with projects which are ready for implementation, have accurate cost estimates, can be executed within the appropriate bond or financing resolution window—generally three years—and/or extend beyond the cash carry window were break fix creates health/safety issues or is simply is an inefficient use of existing resources. Projects which will be ripe for the issuance of new debt again based upon timing include new roadway segments such as Vanderbilt Beach Road Extension; Phase One of the Big Corkscrew Regional Park; and other new transportation system capital or general governmental capital improvements which the Board directs based upon adherence to debt management policy guidelines. Most likely, based upon current five year planning documents, consideration of debt will be discussed for these types of projects during FY 2017 and the actual need for debt proceeds will likely not be until FY 2018. 8 The Board has been briefed previously on alternative new money sources as part of discussions on re starting the landscape capital program, storm-water maintenance and replacement initiatives as well as funding general capital infrastructure needs. As a reminder, these new money sources include establishing an electric utility franchise fee which can only be applied to unincorporated area residents and can be enacted by BCC action; instituting a storm-water utility, pursuing a one cent infrastructure local sales tax which requires a referendum or increasing the millage rate. Expanded Service: The FY 2017 budget once again includes County Manager Agency expanded service requests consisting of 78.25 FTE's totaling $5,136,900 an increase of$1,150,300 over FY 2016. Initial departmental requests submitted in April for expanded services prior to County Manager budget reviews totaled in excess of$10.5M and included requests for 123.50 FTE's. As discussed within the Board's February Budget Policy document, certain provisions of the federal Affordable Care Act(ACA) could have a negative fiscal impact to Collier County if not managed properly. The most penal is the"Pay or Play" provision. This provision imposes a$2,000 penalty per eligible employee working more than 30 hours per week or 130 hours per month if the employer does not offer coverage to 95% of the eligible population. The 95% provision took effect on January 1, 2016 with penalties, if any, being assessed in calendar year 2017 or the County's FY 2017. Eligible employees include"job bank" employees and part time employees who work the requisite hours. Managing this federal unfunded mandate requires that these employee types be offered health insurance. Based upon operational needs, a certain number of these employees will be converted to full time FTE status. For the County Manager's Agency, this budget includes the conversion of twenty and three quarter(20.75) "job bank" employees and three(3) part time employees totaling twenty two and one quarter(22.25) FTE's. The budgetary effect is minimal since most personal service costs have been accounted for in previous budget years and only the marginal cost of certain life, disability and dental benefits—roughly$900 per employee— is required. The following table provides a re-cap of the County Manager Agency expanded requests including the "job bank" and part time conversions by fund along with the dollar value and number of FTE's. Fund Number and Title Dollar Value FTE's General Fund(001) $ 947,700 14.75 Transportation Services(101) $ 220,000 4.00 MSTU General Fund-Unincorporated Areas(111) $ 384,400 20.00 Community Development(113) $ 616,300 6.00 Misc Grants—Affordable Housing(116) $ 335,700 1.00 Golden Gate Community Ctr MSTU(130) $ 1,800 1.50 Planning Services(131) $ 34,400 Conservation Collier Maintenance(174) $ 40,000 Museum(198) $ 107,000 County Water/Sewer District Operations(408) $ 2,211,500 27.00 Solid Waste Disposal(470) $ 201,600 3.00 Group Health&Life Insurance Fund(517) $ 36,500 SHIP Grants(791) $ 0 1.00 Total $ 5,136,900 78.25 Health Insurance: For FY 2017, the County Manager's Agency has met budget policy guidance calling for an 80%/20% health insurance premium split between employer and employee. No increase is planned for FY 2017. 9 General Wage Adjustment: With Budget Policy approval by the Board in February this budget document contains a 3.0% general wage adjustment in an effort to remain competitive in a highly aggressive labor market and recognize existing employees for their continued commitment, service and loyalty to the agency. The total value of the compensation adjustments to the County Manager's Agency is $3,442,100. The adjustments are noted by fund type in the following table. Fund General Wage Adjustment General Fund &General Fund Supported $1,592,400 Operations Unincorporated Area General Fund $ 321,900 All Other Enterprise and Operating Funds $1,527,800 Totals $3,442,100 County government will face escalating challenges in attracting and retaining its best talent as an improving economy drives a highly competitive job market. Summary: Significant challenges exist currently and as future budgets are formulated. Deferral of fixed asset preventative maintenance and equipment replacement began in FY 2007. High priority maintenance and replacement projects like storm-water, bridges, HVAC rehabilitation, public building maintenance, road system and drainage maintenance, park infrastructure, and fleet replacement continue to receive substantial portion of available discretionary funding. Repair and replacement of the County's valuable infrastructure assets will continue to receive a significant share of competing available resources going forward in an attempt to address the backlog systematically and reasonably. Managing the County's debt portfolio continues in the most prudent and fiscally conservative manner pursuant to the debt management policy. Interest savings within the portfolio from previous debt restructuring continues to pay dividends freeing up greater funding for capital infrastructure maintenance. The issuance of new debt while not part of this budget presentation will receive consideration during FY 2017 as part of discussions on expanding the transportation network, park and recreation facilities, storm- water facilities and other general governmental infrastructure. A number of departments/funds in this budget are revenue centric, meaning expenditures are funded entirely by user charges or other non ad valorem revenue sources. The MSTU's which comprise a portion of the Growth Management and Public Service Division budgets have generally met policy guidance with respect to the establishment of millage rates between millage neutral and tax neutral (roll back rate). General Fund operating budget transfer dollars to the Sheriff in support of law enforcement, community services, the jail, county security and public safety communications is up 7.0%. This includes an increasing commitment to backlog equipment needs with an additional $2.6M over FY 2016. The Clerk of Court's non court General Fund operating transfer for administration, accounting, internal audit, Board minutes and records and records management is up 3.0%. 10 A.rr Transfer to the Property Appraiser is up 3.0%. Operating transfers to the Supervisor of Elections is down 9.4%. Budget submission by the Tax Collector is due on August 1, 2016. This budget document essentially meets your budget guidance; maintains the current General Fund millage rate; increases General Fund reserves; allocates dollars for planned employee compensation adjustments; maintains a policy compliant debt position; satisfies state and federal unfunded mandates like health care requirements; enhances front line operating services, funds priority expanded operations and allocates dollars to priority asset maintenance and replacement. This budget also appropriates $4.3M after resetting the Unincorporated Area General Fund millage rate to $.8069 toward the Board's desire to restart the median landscape capital program. While taxable value has increased five (5) years in a row county-wide, significant reliance on property tax revenue will require continued caution and diligent analysis of state, regional and local economic conditions as County fiscal policies and appropriations are planned for FY 2018 and beyond. Balancing competing priorities for capital investment, asset management and service delivery will continue to pose a healthy and welcome challenge to elected leadership and senior management. County staff looks forward to presenting the FY 2017 budget document during our scheduled discussions on Thursday June 16th and, if necessary, Friday June 17th. If you have questions regarding the material presented in this budget document feel free to contact me or Mark Isackson. 11