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Published byPhebe Hodge Modified over 9 years ago
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Public Meeting October 20, 2009
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Revenues Expenses Contract Services
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Where does the money come from? Property taxes Benefit Charge Other Sources (i.e. contracts)
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Maximum tax rate of $1.00 per $ 1000 in assess valuation (per RCW 52.18) In 2009, based upon Fire District A/V, this meant $ 2,614,432 in property tax revenue 2010 preliminary estimates project tax revenues at $ 2,194,233 ($ 420,199 less than 2009)
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Funding method since 1990 Only available to Fire Districts & Fire Authorities Limits property tax rate to $ 1.00/$ 1,000 Cannot exceed 60% of operational budget Annually set locally by Fire Commissioners
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YEARBenefit Charge Amount % of Operational Budget 20021,648,10941.9% 20032,114,39351.8% 20041,955,55443.4% 20052,254,10543.8% 20062,585,88546.2% 20072,379,61839.5% 20082,630,34041.4% 20091,234,764*24.6% 8 year average41.6%
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20092010 estimates All sources (less Benefit Charge) 4,034,2043,964,133
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Operational Budget Service contract with City of Renton Fire District expenses Reserve Funding (equipment replacement; LEOFF 1 liabilities, general reserves) Bond Payments
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20092010 estimates Operational Budget$ 5,020,443$ 4,663,850 Reserve Funding$ 0 Bond Payments$ 948,525$ 979,000 Total Expenses$ 5,968,968$ 5,642,850
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20092010 Total Revenue Requirements$ 5,968,968$ 5,642,850 Less: Revenue from Property Taxes and Misc. Sources ($ 4,034,204)($ 3,964,133) Remaining Revenue Requirements $ 1,934,764$ 1,678,717 Remaining Revenue Requirements Funded by Reserves $ 700,0000 Remaining Revenue Requirements Funded by Benefit Charge $ 1,234,764$ 1,678,717 Benefit Charge % of Operating Budget 25%36%
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20092010 estimates Property Taxes$ 2,614,432$ 2,194,233 Fire Benefit Charge$ 1,234,764$ 1,678,717 Total funding contributed by Fire District 40 citizens $ 3,849,196$ 3,872,950
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Contract with Renton Emergency response Overhead – OT, admin, training, maintenance….. Support services
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Contract costs based upon operating one fire station with one 4-person engine company and one 2-person aid car, plus ½ cost of a BC/SO position 24 hours a day – 7 days a week – 365 days a year
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Each 24 hour-a-day position (emergency response) is based upon funding for 4.3 FTE (full time employee) 6.5 positions = funding for 28 FTE 2010 estimate average cost (wage/benefit) for one Firefighter = $ 117,620 2010 estimate cost for 1 FF ‘position’ = 4.3 X $ 117,620 = $ 505,766
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Based upon a 2450 square foot house and 2009 Benefit Charge apportionment, the estimated cost savings to the homeowner for a $ 505,766 reduction in the Benefit Charge (the cost of 1 firefighter position – 4.3 FTEs) would be approximately $ 64.00 for the year.
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Overhead costs Includes vehicle and facility maintenance Support Services Clerical Inspection Community Communications
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