2012 Estimated Tippecanoe County Budgets Tippecanoe County Council October 4, 2011

General Fund

Budgets and Tax Rates

General Fund Comparisons

Other County Budgets

Highlights of Hearings Balanced Budgets with $11m in Rainy Day funds untouched Transfer $178,000 from COIT Reserve to General Health Insurance Premiums +or- 5%, Health Budgets cut 3% based on 8-month Trend TEMA Deputy Position Funded; Public Defender new Chief Deputy, Eliminated Full Time Attorney Position Decision to Achieve 2009 Market Wage Study in 3 Years if possible; Employee Raises 2-4%, depending on Classification (Council not included) $400,000 for General Reassessment $2,000,000 Request for Drain Improvement Fund

Capital Projects $1,000,000 Road Projects $1,200,000 Drainage Projects $700,000 EDIT $500,000 source to be determined? $250,000 Courthouse Limestone Continue set-aside for Infrastructure Improvements Contingencies for Building Maintenance/Repairs Continue replacement of Vehicles & Equipment

Reserve Balances

Consideration of Debt Various Capital Leases (Equipment) $1,565, Govt Building Corp General Obligation Bonds (Jail Expansion Lease) $10,065,000 outstanding Avg interest rate 4.83% Final payment date January EDIT Revenue Bonds (Parking Garage) $4,030,000 outstanding Avg interest rate 4.00% Final payment date December 2020 Discuss Refinancing/Refunding Options Oct 11

Reminders for October 11 WCSWD Budget Revisions -handout Convention & Visitor Bureau Budget -p.53 Tippecanoe County Part Time Rate Schedule -p.80 Final Adoption Tippecanoe County Budgets, Salary Schedules

Council Discussion & Public Comment