BUDGET UPDATEFY12/13

PROJECTIONS FORFY13/14

ITEM V.A.

2

3

45

6

7

Budget Process

8 1

Budget Process

1Review FY12/13 Budget to

Update Revenues and Expenses

Budget Process

Budget Process

2013 Preliminary Tax Roll Estimates Received in May

2Budget Process

Budget Process

Review Development of the Budget with the Board in June

3Budget Process

Budget Process

2013 Final Tax Roll Estimates Received at the

End of June

4Budget Process

Presentation Materials and Supporting Documents will be

Provided for the July Board Meeting

5Budget Process

6Certify Board Action on

Millage and Budget in July

Budget Process

Budget Process

7Tentative and Final TRIM hearings in September

Budget Process

8Fiscal Year Begins

October 1st

Strategic Plan Objectives for the FY13/14 Budget

Initiate and fund programs in JWB’s three focus areasOne

TwoEvaluate the effectiveness

of programs to inform decision making

Four

Collaborate to improve the lives of children and families

Expand organizational capacity

Continue to enhance perception of JWB as a valued community resource

Five

Three

Strategic Plan Objectives for the FY13/14 Budget

Reduce IGT Projections

Reduce Interest IncomeFrom $12m

to $5.2m

From $150kto $58k

FY 12/13 Actions

IGTs

$3.5m$5.2m

2011

/12

2012

/13

Income Interest

$1m

$58k

2006

2012

/13

Budget ProcessGuiding Principles

Budget Reflects the Newly Adopted Strategic Plan

No Ad Valorem Increase to the Budget

The Program Stability Fund will be used through 15/16 to Reduce the Budget Gap

Gap between Revenues and Expenditures without the Program Stability Fund is $4.7m

Structure and Distribution of the

BudgetN N

Revenues

Expenses

N

N

A

B

C

About the

BudgetD

Headline & Economic Indicators

Appendix

E

30,000,000

40,000,000

50,000,000

60,000,000

70,000,000

5 Year Budget History

12/1311/1210/1109/10

$64.5m $63m

$56m

$70m$68m

13/14

Note: Slight

millage increase

to extend

Program Stability

Fund through FY15-16

Property Valuation

*Final taxable property value is due July 1st

*Current Estimated Increase

$1.39m

2.98%

Millage Rate Comparisons

10,000,000,000

24,000,000,000

38,000,000,000

52,000,000,000

66,000,000,000

80,000,000,000

13/1412/1311/1210/1109/1008/0907/0806/0705/0604/05

Property Value Millage Rate

.8117

.7384

.8981

.7963

.8337

.8981

.7915 .7915 .7915

.8117

Ad Valorem Revenue

30,000,000

36,000,000

42,000,000

48,000,000

54,000,000

60,000,000

13/1412/1311/1210/1109/1008/0907/0806/0705/0604/05

96% of Property Tax Revenue

$58m

$44.6m

$48m

Summary of Major Impacts to Program Expenses

Quality Child Care Investment

Increasing

$2.5m

Safety Net Slots Decreasing$5.7m

$2.7m

$7.4m

Summer Learning

PartnershipUnited

Methodist

Quality Early Learning

New Initiatives

Capital Outlay

$2.5m $2.1m

$1m$1.8m

10,000

1,632,500

3,255,000

4,877,500

6,500,000

Increase for Merit/COLA+ $18k

+$100k Technology

Communications

Required Retirement Contribution

Summary of Impacts to Administration Expenses

+$100k

$5.7m

$6.3m

12/13 13/14

+$36k

10,000

605,000

1,200,000

Tax Administration Fees, ASO, Annual/Sick Leave

Reserve

Annual / Sick LeaveASOTax Administration Fees

12/13 13/14

$1m$1.1m

$510k $518k

$62k$22k

Program Supports

TechnologyProgram Communication

PerformanceMeasurement

12/13 13/14

100,000

450,000

800,000

$307k$257k

$200k $200k

$340k

$703k

Program Supports

$307k

TechnologyProgram Communication

PerformanceMeasurement

12/13 13/14

$307k$257k

$200k $200k

$340k

$703kIncreases to Technology Budget:• Implementation of One-E-App countywide• Desktops, Servers and Application Support• Business Intelligence Roambi Reporting• Expansion of Biometrics Palm Scanning

0

375,000

750,000

Grants, Donations and Targeted Case Management

County Research FundingGrants

12/13 13/14

$682k

$200k

$720k

$200k

$130k $130k $150k

$69k

Rev Max Miscellaneous

Stable and Nurturing

Family Services Initiative

Mental Health

Healthy Families &Nurse Family Partnership

13/14

1,000,000

2,500,000

4,000,000

5,500,000

7,000,000

Safety Net Childcare

Other

$6.1m

$5m

$2.6m

$4.3m

$3.4m

Safe & Supportiveand Health

SheltersNeighborhood Family Centers

13/14

500,000

1,625,000

2,750,000

3,875,000

5,000,000

Clinics

$5m

$772k $675k

Learn and Succeed

LiteracyDevelopmental Delay

13/14

300,000

1,740,000

3,180,000

4,620,000

6,060,000

7,500,000

Quality Early Learning

Licensing Other OST

$1.8m$564k $305k

$7m

$2.2m

$5.3m