1. Triangle J Council of Governments FY 2018 Recommended Budget

2. Budget Process February 1 – Budget Retreat with Leadership Team
February 24 – Budget requests due to Finance Department
March 6 – Executive Director met with each department to discuss requests
March 27 – Executive Director met with each department to discuss recommended budget
April 7 – Executive Director ed Recommended Budget to Board of Delegates/Alternates, Regional Managers and TJCOG staff (Bylaws dictate submittal no later than April 15)
April 26 – Board of Delegates meeting – Budget presentation, public hearing and discussion of Recommended Budget by Board
May 5 – TJCOG Officers meet to discuss budget
May 25 – Board of Delegates meeting – Board considers adoption of Budget Resolution

3. Budget Overview Recommended Budget is $13,167,275
Approximately a 3.7% decrease from last year’s adopted budget
Driven primarily by decreases in Transportation Demand Management and SADI pass through dollars.

4. Member Government Assessments (Dues)
No changes recommended in Member Assessments
$0.39 per capita up to 150,000 population
$0.20 per capita after 150,000 population
County member governments pay only for unincorporated population

5. Member Government Assessments (Dues)
Member Assessments are used in three primary areas
Used as matching funds for projects requiring local match (8)
Contingency.
Pays a portion of salaries for nine TJCOG staff members (Member Services and Regional Planning)
Member Assessments represent 4.5% of TJCOG’s total budget and 15.7% of budget when Federal pass through dollars are subtracted

6. Member Government Assessments Play Critical Role in Matching Project Revenue
Recommended Budget includes eight projects that require a local match.
Total match represents $91,736 in member assessments
Local match from member assessments leverages $498,738 in additional revenue to TJCOG or a $5.43 return for every $1 in local dues spent.

7. Focusing on Regional Priorities

8. Focusing on Regional Priorities

9. Focusing on Regional Priorities

10. Long Term Care Ombudsman Program
Priority for the coming year is to advocate for adequate state and federal funding for our long term care ombudsman program.

11. Regional Summit

12. Member Engagement
Continue to increase our efforts to engage our member to make sure that our work is adding value and aligns with our member needs
Make our members better aware of our resources for technical assistance opportunities.
During Fiscal Year individual meetings with each member to discuss needs.

13. Changes since Recommended Budget Submitted
Continuation of work in Chatham County on affordable housing.
Technical assistance associated with Wake Transit Plan

14. Employee Items
3% merit increase for employees that meet or exceed expectations
Addition of .53 FTE Aging Program Associate to Aging Department
Health Insurance
Recommended Budget includes a 20% increase
As a small employer, we do not receive health insurance quotes until after Recommended Budget is completed
Able to solicit multiple quotes because of recent Board action to separate retiree insurance from current employee insurance

15. Indirect Expenses
Indirect budget includes items such as facility lease, technology costs, finance department, office operations manager and executive director salaries, audit costs, legal costs, office equipment costs (list not inclusive)
Each project’s salaries and fringe are charged the indirect rate so that these costs are spread equitably across the organization.
Indirect Rate
Current Indirect Rate = 50.59%
Recommended Indirect Rate = 52.24%
Approximately 4.9% increase
Driven primarily by merit increases and associated fringe increases, annual facility lease escalator and IT cost increases.

16. Contingency Expenses Contingency is budgeted at $61,463
Used for unknown issues that may arise during the year.
Also is only source of funding to use as local match if new program opportunities develop during the year.

17. Questions and Discussion