Fiscal Year 2019-2020 Budget and Fee Schedule

The budget is balanced with the following proposed millage rates:

General Fund—Current: 84.20                     Proposed: 87.50

Debt Service Fund—Current: 8.30               Proposed: 11.25

Court Security Fund—Current: 3.70             Proposed: 3.80

Capital Improvement Fund—Current: 5.00   Proposed 5.00

USC-L—Current: 4.70                                   Proposed 4.90

Council reviewed and discussed the budget in detail at the Committee of the Whole meeting in April. Following that meeting, the below updates to the budget were made:

General Fund

• Adjustment to the transfer from the State Accommodations Tax Fund based on updated projections (increased $1,915)

• Per the discussion, the proposed $5 road fee increase will not be effective until Jan. 2020 so half of the additional funding was removed (reduced the Roads department budget by $200,000)

• Adjustment to the taxation software to accommodate law change (increased Information Technology budget $15,000)

• Certification of the County’s contribution to the medically indigent fund per the state (reduced budget $19,092)

• Inclusion of fund balance for continued improvements of the Barnett building as well as future facility upgrades at DSS (increased County Council’s budget $1,000,000)

• Addition of an Athletics and Tourism Supervisor in Recreation to be funded 50% from Hospitality Tax (increased Recreation’s budget $36,530)

Stormwater Fund

• Inclusion of proposed $15 fee increase. Additional funding went to special projects for capital projects.

Hospitality Tax Fund

• Addition of 50% of Recreation employee

At the Committee of the Whole meeting, Council identified some priority items to revisit on first reading of the budget, pending finalization of some data. The list of items is included as backup material for your consideration. The intent is for Council to weigh in on first reading so the budget can be adjusted as needed by the public hearing at second reading.

Due to timing several funds were not ready at the April meeting, those funds are now included. Those can be identified as Capital Projects Sales Tax 2, Debt Service, Development Agreement, Pleasant Valley Fire, and State Accommodations Tax.

This will set our next fiscal year budget.

Staff recommends approval.