General Government & Policy Committee 2020 Levy and Budget Discussion

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Presentation transcript:

General Government & Policy Committee 2020 Levy and Budget Discussion September 10, 2019

Discussion Items County Manager’s Maximum Levy Recommendation 2020 Property Tax Impacts Levy Planning Model 2020-2022 Future Levy Management Account

County Manager’s Recommendation for the 2020 Maximum Levy What can be funded at 2.9%: - All current level cost growth after internal reallocations If the remaining Regional Rail levy were eliminated entirely in 2019, the growth in combined County/RR levy would be reduced to 3.4%. - Some funding for new request (consistent with prior years) - Cahill Place funding - Co-Response continued as a pilot (expanded to one additional city) - Increased funding for on-going building CIP maintenance needs (CIP Levy reallocations potentially phased in)

How do we get to a 2.9% Levy Increase? Reducing 2.9% Levy from $144.69M to $144.50 = new levy of 2.76% Increase

Levy Funding for New Requests Total Levy Funded Requests, 32.95 FTEs, $4,207,873

Levy Management Scenarios 6.0% Projected Avg. Levy Pressures Additional LMA needs between $0 to $6.0M by 2022.

Looking Ahead: 2021 and Beyond New Labor Agreements Lower Permanent Revenue Growth New State Biennial Budget Potential Public Safety Changes Co-Response moving from a pilot program?

2020 Property Tax Impacts

Other County Levy Comparisons **MICA Survey

Budget Development Process August 20 - County Board Budget Workshop #2 September 10 - GGP Budget Update September 24 - County Board Adoption of maximum levy November 4-7 – County Board Budget Hearings November 26 – CIP Public Hearings November 26 – County Board Budget Public Hearing (“Truth-In-Taxation”) December 17 – County Board Adoption of 2020 Budget

Questions & Discussion

Levy Funding for New Requests Total Levy Funded Requests, 32.95 FTEs, $4,207,873

How do we get to a 2.9% Levy Increase?