1. 2015-2016 Budget Workshop April 14, 2015

2. 2015/2016 Budget Workshop Janet Taylor Darrell Harris District I District II Karson Turner Don Davis Mike Swindle District V District III District IV Chairman Charles Chapman Jennifer Davis Mark Lapp County Administrator Office of Management County Attorney & Budget Director

3. Hendry County Board of County Commissioners Millage Analysis Update % Assessment % Tax incr./(decr.) Tax $incr./(decr.) Fiscal YearValue of Millfrom prior yearMillageTaxes Leviedincr./(decr.)from prior year 2004/2005 1,502,376 0.38%9.000013,521,3840.38% 2005/2006 2,006,79733.57% 8.750017,559,47529.86% 2006/2007 2,814,13040.23% 6.500018,291,845732,3704.17% 2007/2008 2,761,907-1.86% 6.500017,952,396(339,450)-1.86% 2008/2009 2,329,335-15.66% 6.500015,140,678(2,811,718)-15.66% 2009/2010 2,089,210-10.31% 6.500013,579,865(1,560,813)-10.31% 2010/2011 1,790,130-14.32% 6.500011,635,845(1,944,020)-14.32% 2011/20121,669,996-6.71%7.289412,173,269537,4244.62% 2012/20131,671,8150.11%7.720912,907,916734,6486.03% 2013/20141,742,9924.26%7.720913,457,467549,5504.26% 2014/20151,777,1841.96%8.490915,089,8921,632,42512.13% 2015/2016 *1,812,728Estimate 2.00%8.490915,391,689310,7982.00% Total(2,167,786)

4. Taxes levied from 2006 Projections made for future Ad Valorem values for discussion purposes 2016 = 2.00% 2017 = 2.50% 2018 = 3.00%

5. Hendry Statistics 2014 Total Just Value = $5,169,832,600 2014 Taxable Value = $1,778,308,795 34% of Just Value is taxable, ranking # 5 in the State for the lowest taxable amount over Just Value State wide, or 66% Exempt. 41% of Just Value is not assessed. This equals over $2 billion dollars. Exemptions: $965,000,000 Government Exemptions $ 76,000,000 Institutional Exemptions $ 6,000,000Land in perpetuity to Conservation $ 14,700,000Tangible Personal Property Exemption $ 154,000,000 First $25K Exemption $ 64,000,000 Second $25K Exemption $ 12,800,000 Senior Exemption Total = $1.3 Billion 34% of population is eligible for Medicaid, ranking # 1 in the State for the most eligible per capita.

6. Hendry County, Florida Tax Roll Detailed Analysis Real Personal DescriptionProperty RailroadTotal Just Value Ag2,403,822,900 Pollution Control Devices1,023,710 Homestead Property469,112,240 Non-Homestead Residential352,055,320 Certain Residential and Non-Residential1,373,527,5204,736,0241,378,263,544 Other523,542,588746,607524,289,195 Total Just Value of All Property4,598,517,980524,566,2985,482,6315,128,566,909 Assessed Value Ag343,313,880 Pollution Control Devices479,880 Homestead Property453,971,770 Non-Homestead Residential350,928,640 Certain Residential and Non-Residential1,366,890,5104,386,2111,371,276,721 Other523,532,588746,607524,279,195 Total Assessed Value2,515,104,800524,012,4685,132,8183,044,250,086 Not Assessed Ag2,060,509,02000 Pollution Control Devices0543,8300 Homestead Property15,140,47000 Non-Homestead Residential1,126,68000 Certain Residential and Non-Residential6,637,01004,386,2116,986,823 Other10,000746,60710,000 Total Not Assessed2,083,413,180553,8305,132,8182,084,316,823 Percentage of Just Value45.31%0.11%93.62%40.64% Exemptions First $25K Homestead Exemption153,732,580 Second $25K Homestead Exemption64,153,270 Senior Exemption12,808,600 Tangible personal property $25K Exemption14,493,420271,05414,764,474 Governmental Exemption927,591,03037,429,010965,020,040 Institutional Exemption68,884,4907,240,13076,124,620 Widow Exemption272,480 Disability / Blind Exemption5,517,860 Land dedicated in perpetuity to conservation6,033,325 Economic Development Exemption1,072,230 Lands available for taxes1,720,480 Deployed servicemen's homestead discount38,012 Total Exemptions1,241,824,35759,162,560271,0541,301,257,971 Taxable Value1,273,280,443464,849,90878,7591,742,992,115

7. Cost Reductions - RECAP DEPARTMENTS FY 2013FY 2014FY 2015Total BOARD OF COUNTY COMMISSIONERS (47,260)(50,000)(97,260) BOCC OVERHEAD INSURANCE (40,000) INFORMATION SYSTEMS / OPERATING ONLY (8,930)(200,918)(85,000)(294,848) PROPERTY APPRAISER (2,583) PLANNING (55,000)(9,711)(64,711) CUSTODIAL (65,711)(32,000)(21,410)(119,121) SUPERVISOR OF ELECTIONS (10,000) BUILDING / CODE ENFORCEMENT (94,417)(114,000)(208,417) EMERGENCY MANAGEMENT (4,412) EMERGENCY SERVICES (224,564)(18,000)(242,564) SOIL CONSERVATION (4,310) ANIMAL CONTROL (9,926) HOUSING (2,057)(12,000)(32,403)(46,460) HEALTH CARE RESPONSIBILITY (120,235) SHERIFF COSTS INCLUDES INMATE MEDICAL (100,000) BUILDINGS/CEMETERY (5,500)(83,000)(46,460)(134,960) EXTENSION SERVICES (2,500) INFORMATION SYSTEMS REORG. / SHERIFF SAVINGS (27,638) OTHER (40,752)(46,000)(62,989)(149,741) RESERVES / TRANSFERS (20,000) TOTAL (885,795)(505,918)(307,973)(1,699,686)

8. 2014 Fiscal Year – Audit is still underway, however great strides were made to increase needed reserve amounts in various funds. General Fund resulted in revenue over expenditures of $1.4 million. Of this amount, $774K was a one time transfer of franchise fees. East Recreation Debt was reduced significantly and with a preliminary ending balance of $143,000. When audit is completed, a report will be made to the Board as last year and it will posted to our website. 2015 Fiscal Year – YTD we are doing well, with revenues over expenses of over $3 million in general fund. This is not an accrued figure and revenues will decrease overall the remaining portion of the year, but this is a positive sign of cash flow.

9. 2016 PROJECTIONS – Ad Valorem – June 1st will receive estimate from P/A. July 1st we will receive a revised figure from P/A. State Revenue - Estimated revenues will not come out until late June from the State. It is anticipated that we will see an increase as economic factors are improving. Medicaid impact will be approx. $110,000 increase. Insurance increases are unknown at this time. June estimate. Retirement rates are expected to hold flat. Departments continue to increase efficiencies in operations to reduce costs

10. Hendry County Medicaid Payment Schedule  2014$440,446  2015$452,535  2016$562,868  2017$676,622  2018$795,058  2019$920,689  2020$1,051,263 Future Legislative Action could adjust figures in future years In addition to the figures represented above, we are paying back the arrearage for five years at $144,656/year. Last payment will be made 7/5/2017.

11. Fiscal Year Ending September 30, 2016 Non-Recurring Revenue in 2015 in General Fund(500,000) Estimated 2016 Ad Valorem Tax Increase of 2%310,798 Medicaid Increase 2016(110,000) Subtotal(299,202) Health Insurance (-) Liability Insurance (-) One Cent Sales Tax Increase anticipated (+) State Revenue Sharing Increase anticipated (+) Florida Retirement System (?) Operational Efficiencies (+)

12. 2016 Priorities Continued Ambulance Replacements – Public Safety Economic Development Funding Funding for Comp Plan and Land Development Code Amendments Analyzing staffing levels based on public demand Replace Disaster Relief and Reserve Funding Levels

13. Timelines – Estimated Tax Value:June 1 Final Taxable Value:July 1 Tentative Budget to BOCC:July 15 MSBU/TRIM Not To Exceed July 22 TRIM: August 4 Tentative Budget Hearing September 8, 2015 Final Budget Hearing September 22, 2015