Budget Workshop Camano Island Fire and Rescue October 12, 2015

Budget Strategic Priorities Maintain sustainable budget based on current and predicted future revenue. Purchase necessary Capital items. Develop Apparatus Replacement Schedule and Funding Plan. Increase Operating Reserve with 2015 carryover funds if possible. Continue to meet level of service goals with a combination work force (Increase part-time staffing to allow for up to three concurrent transports). Develop partnership opportunities with other agencies / organizations that may reduce operating costs. Complete Strategic Planning Process.

3 Revenue Summary The Island County Assessor’s Office has provided preliminary 2015 assessed values, new construction, and refund figures that have been included into the draft budge. Assessed values have risen slightly, but tax revenue is higher due to the inclusion of new construction revenue and refunds. The District will continue to receive our 1% legislative increase from the Fire Levy and $0.50/$1,000 AV from the EMS Levy. The BOFC set aside $165,000 from 2014 to fund contractual wage increases and costs associated with training a new paramedic. Transport revenue continues to rise; an additional $50,000 was added to the 2016 budget.

4 Current Fire Levy Rate Fire – Permanent Levy Approved $1.25 per $1,000 Assessed Valuation Current Levy Rate is $1.16 per $1,000 A.V. Projected to be $1.17 in 2016

5 Current EMS Levy Rate EMS – 6 year levy Approved $0.50 per $1,000 Assessed Valuation Current Levy Rate is $0.50 per $1,000 A.V. Renewed at a rate of $0.50 for 2016

Fire and EMS Levy Revenues Fire Levy $3,226, EMS Levy $1,484, Total: $4,711,179.17

Projected Fire Levy Revenues Statutory Limit: 2015 Revenue$ 3,226, % $32,265 $ 3,258,734 Projected New Construction:$ 10,398 Projected Refunds:$ 9,233 Projected Total:$3,278,365

Projected EMS Levy Revenues Statutory Limit: 2016 Taxable Valuation $2,979,429,339 Levy Rate $0.50 / $1,000 $1,489,715 Projected New Construction: $ 0 Projected Refunds: $ 4,389 Projected Total: $1,494,104

9 Revenue Sources Beginning Balance$ 160,000 $ 54,000 Fire Levy$ 3,195,530 $ 3,278,365 EMS Levy $ 1,473,950 $ 1,494,104 Other Tax Revenue$ 2,000 $ 2,000 Grant Funds$ 1,300 $ 96,524 Charges for Service $ 532,500 $ 591,660 Investment Interest$ 25,783 $ 26,222 Non-Revenue$ 18,700 $ 18,700 Other Revenue$ 16,613 $ 2,035 From Reserves$ 0 $ 165,000 =$ 5,426,376 $ 5,728,861

Proposed Capital Projects Using carryover funds from 2014, the BOFC allocated $135,000 to purchases needed Capital Items. Other Capital Purchases may be considered after April 2016.

11 Apparatus Replacement The purchase of a new tender and two new medic units was initiated in Debt service on our most recent engine purchase is set to expire at the end of 2016 ($37,500 annual payment). $50,000 was allocated in the Expense fund to cover annual payments on the new Tender. $25,000 was allocated in the Expense fund to cover a half-year of payments on one new Medic Unit. The second Medic Unit will be paid for using remaining Apparatus Replacement funds. A detailed apparatus replacement schedule is being developed as part of the Strategic Plan and the specification process for a engine has been initiated.

12 Reserve Fund Status Current Balance: True 15%$ 810,266 Apparatus Replacement$ 50,000 Medical Reserves$ 257,000 Long-Term Payroll Liabilities$ 175,000 Total $1,292,266 Reserve Fund Planning: With the increase in the Expense fund, the District will need to add ~$50,000 to Reserves to maintain its goal of 15%.

13 Expense Fund A draft balanced budget has been presented. While the budget largely represents operational status quo, several program enhancements have been included. –Assignment of the District’s MSO to a daytime position and hiring of one new paramedic to backfill shift position –Development of a Community Paramedicine Program –Expansion of CPR Training Program –In-house EMT Training –Continue Officer Training Program to meet District requirements –Bring facility budgets in-line with actual costs –Annual payments to cover purchase of new tender and one medic unit –Allocate funds to Apparatus Replacement –Fulfill hose grant requirements

14 Proposed Budget Time Table – 2015 Aug. Budget managers develop proposed budgets Sept.Review of Proposed Budgets Preparation of Draft Budget Oct. 12Initial Budget Presentation Oct. 26 Public Hearing Nov. 9Final Presentation Approval by Resolution Nov. 30Budget Submittal to Island County

15 Revenue Resolutions Draft Resolutions presented October 26 th Final Adoption of Resolutions on November 9 th New Construction and Refunds included Factors in a 10% estimate on totals Additional Resolution needed to declare “Substantial Need” for 1% increase due to Implicit Price Deflator of.251%