1 General Fund Fund Balance History Note: a $47M investment loss was booked entirely to the General Fund in FY08. In FY09, other funds transferred revenue.

Slides:

Advertisements

Similar presentations

Local Government Basics Understanding California’s System of Local Government.

Advertisements

Borough of Haddonfield 2010 Community Budget Briefing Jeffrey S. Kasko, Commissioner Sharon McCullough, Administrator July 22, 2010.

{ Kitsap County 2015 Budget December 1, Kitsap County Proposed 2015 Budget $339 Million.

City of Wilmington. What we are asking & why Three-year strategic plan Plan to be updated in July 2011 Need input/feedback on city’s programs, services,

1. 2 Valuation Growth – Will most likely show little to no growth again in 2010 affecting the 2011 mill levy rate. Retail Sales – Sales tax collections.

 16 th Amendment: Was ratified in Before this amendment the federal government could not levy income tax.  Payroll Deduction: A system requiring.

Finance Department Presentation to the City of Houston Budget and Fiscal Affairs Committee FY2011 Budget Overview and General Fund Five Year Scenario May.

2008 Budget Headlines Final tax increase is 9.38%, which includes 4% levy cap ($797,748), plus ($1,094,808) in State pass throughs. State Aid allocation.

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst Tuesday, May 19 th, 2015.

Budget Overview. Predicated on the concept of fund accounting Separates accounting of monies for purpose of performing specific functions in accordance.

FY00% PULASKI COUNTY REVENUES THIS NEXT INCREASE CURRENT ESTIMATES YEAR YEAR ESTIMATED BUDGETED ESTIMATED OVER FY 99 FY99 FY 00 BUDGET REAL PROPERTY 7,070,3767,300, %

Fiscal Year Budget Public Hearing June 4, 2009.

City of Bulverde Fiscal Year Budget Presentation P roposed by William Krawietz, Mayor Presented by John D. Hobson.

2007 Budget Headlines Two Full Time positions reduced to Part Time One Part time position eliminated Effective collective bargaining negotiations – Total.

Administrative Services EVANSTON ILLINOIS 2014 Year End Financial Report Martin Lyons Assistant City Manager / CFO March 16, 2015.

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst Tuesday, May 26 th, 2015.

Significant revenue declines and the need for significant appropriation reductions to balance the budget have been the main focus of the 2011 municipal.

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Finance & Budget Analyst.

FY 2016 Budget Adoption September 8, 2015 COBB COUNTY FINANCE DEPARTMENT.

1 st Quarter 2015 Financial Report City Council Meeting June 11, 2015.

2008 Total Tax Collections $125,663, Budget Headlines State Aid allocation has significantly decreased again in the amount of $315,928. Total.

2010 Municipal Budget - Appropriation Trends EXPENDITURES Salaries & Wages $16,489,515 $17,007,9843.1% $17,224,6141.3% $16,196, %

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Finance & Budget Analyst.

City Council Meeting Presentations.  Part I – Regulations and Terminology May 17, 2011  Part II – Revenues June 7, 2011  Part III – Fund Descriptions.

Town of Adams FY2012 Budget Presentation. TOWN OF ADAMS FY2012 BUDGET PRESENTATION.

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst.

Chowan County, North Carolina Annual Financial Report Fiscal Year Ended June 30, 2010.

Vocab Excise tax- Taxes on non-essentials like alcohol and tobacco Estate tax- Tax that must be paid on an inheritance before it can be transferred Intergovernmental.

General Government Budget Overview. Budget Process  Year 1  Prepare complete budget document for years one and two  Adopt budget for year one and set.

Revenue Survey. Probable Trends 2 Valuation Growth – Will show slow growth again in 2011 affecting the 2012 mill levy rate. Sales Taxes – Since.

Finance Department Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director.

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst Wednesday, September 9 th 2015.

CITY OF DALTON, GEORGIA GENERAL FUND BUDGET REVENUESEXPENDITURES Taxes $18,146,600General Government $ 2,488,360 Licenses and Permits 950,000Judicial.

Proposed Biennial Budget July 1, 2013 Through June 30, 2015.

City of Gig Harbor General Revenue Sources Prepared by Dave Rodenbach 1/11/2016.

City Council Meeting Presentations.  Part I – Regulations and Terminology May 17, 2011  Part II – Revenues June 7, 2011  Part III – Fund Descriptions.

OVERVIEW: FY Tentative Budget May 20, 2015.

CITY OF HAPEVILLE FINANCIAL STATEMENT ANALYSIS NINE MONTHS ENDED MARCH 31, 2009.

Cuyahoga County’s 2008 Budget Summary December 13, 2007 Commissioner Jimmy Dimora Commissioner Timothy F. Hagan Commissioner peter Lawson Jones.

MONROE COUNTY, FLORIDA BOARD OF COUNTY COMMISSIONERS Fiscal Year 2015 Budget Discussion Roman Gastesi, County Administrator Tina Boan, Budget Director.

City Council May 20, Streets Funding Options Options for funding: Street Maintenance Sales Tax = Approx. $2M/year Franchise/Right of Way Fees (State.

FINANCIAL SERVICES DEPARTMENT. Financial Services Department.

QUARTERLY FINANCIAL REPORT First Quarter (Ending 12/31/2015) – Fiscal Year

Pasco County “Budget 101” OFFICE OF MANAGEMENT & BUDGET.

REVENUE OVERVIEW FY2016 PROPOSED BUDGET July 28,

2016 Preliminary Budget General Fund Revenue Report OCTOBER 20, 2015.

Budget City of Palm Coast, Florida City Council Work Session August 12, 2008.

Town Hall Meeting May 6, 2017 Bond Election

Budget Introduction – April 18 , 2017

CITY SERVICES INSTITUTE

Town Hall Meeting May 6, 2017 Bond Election

Revenue Source & Property Tax Overview

Fund Accounting Overview

Municipality of South Bruce

Price of Government Overview

Presented by Karen Montgomery Assistant City Manager March 3, 2009

Revenue and Expenditures

Annual Budget Hearing September 11, 2017

MUNICIPAL BUDGETED PROPERTY TAX COMPARISON The following is a yearly property tax comparison from FY to FY :

Fund Accounting & Revenue Overview

Governmental Accounting GOALS

September 11, 2018 FY19 Tentative Millage & Budget

Presented by : WILLIAM VOLCKMANN FINANCE DIRECTOR

FY 2019 Proposed Budget Hall County Board of Commissioners

“Taking It to the Next Level” West Palm Beach

Commission Workshop 3 Budget Presentation

Quarterly Budget Update 2018 first Quarter Report

First Public Hearing to Adopt the Tentative Budget and Millage Rate

2019 Second Quarter Financial Report Period Ending June 30, 2019

Presentation transcript:

1 General Fund Fund Balance History Note: a $47M investment loss was booked entirely to the General Fund in FY08. In FY09, other funds transferred revenue to the General Fund to make up for their shares of the loss.

2 Revenue Overview (Categories & % of Total Collections) 1.Taxes (28.8%) General Fund: Property Taxes, Communications Services Tax Restricted: Surtax, Tourist Development Tax, Fuel Taxes 2.Permits, Fees and Special Assessments (8.9%) General Fund: Franchise Fees Restricted: Fire, Solid Waste & Stormwater Assessments, Impact Fees, Permits 3.Intergovernmental (9.9%) General Fund: Half-Cent Sales Tax, State Revenue Sharing Restricted: State Levied Fuel Taxes, Local 50-cent E911 Charge 4.Charges for Services (43.6%) General Fund: Parks / Library User Charges Restricted: Utility & Solid Waste System Charges, SCAT Charges 5.Judgments, Fines & Forfeitures (0.3%) Various Funds: Primarily collections from courts, Sheriff, libraries, etc. 6.Miscellaneous, Capital Contributions & Interest (8.5%) Various Funds: Primarily interest and investment gains/losses

3 Revenue Forecasting Most major Revenues are forecasted with “Forecast Pro” Comprehensive forecasting and forecast management system Utilizes various statistical models such as Exponential Smoothing, Box- Jenkins, etc.) Utilizes historical data via Microsoft Excel FY13 major revenue collection results: General Fund: Half-Cent Sales Tax= -$189K less than forecasted State Revenue Sharing = $278K more than forecasted Communications Svc’s Tax= $176K more than forecasted FPL Franchise Fees= -$1.3M less than forecasted Non-General Fund: Infrastructure Surtax = $190K more than forecasted Tourist Development Taxes = $927K more than forecasted Gas Taxes = -$740K less than forecasted Total Receipts -$1.0M (or -1.7%) less than forecasted Total Receipts $378K (or 0.6%) more than forecasted