proposed 2015 budget presentation bristol township budget...general fund revenues highlights •...
TRANSCRIPT
![Page 1: Proposed 2015 Budget Presentation Bristol Township Budget...GENERAL FUND REVENUES Highlights • General Fund revenues will be $21,186,000 and expenditures will be $21,186,000 (11%](https://reader035.vdocuments.mx/reader035/viewer/2022070203/60ee6b492be2c868725689e3/html5/thumbnails/1.jpg)
Proposed 2018 Budget Presentation
Bristol Township
Council President - Craig BowenCouncil Vice-President – Cynthia Murphy
Councilman Howard AllenCouncilman - Patrick Antonello
Councilman - Joe GlassonCouncilman - John Monahan
Councilwoman – Maryann WagnerTownship Manager -William J. McCauley, III
December 7, 2017
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2018 BUDGET SCHEDULE• 2018 budget request forms
distributed to department heads on September 14. Dept. heads submit expenditure estimates (October 7).
• 2018 Budget Distributed to Council and public on November 14
• 2018 Budget Public Hearings:
November 14 (first reading)
December 7 (presentation)
• Adoption of proposed 2018 budget: December 7 or December 21
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BUDGET HIGHLIGHTS
• No fund balance being proposed as revenue inthe balanced General Fund operating budget forthe sixth consecutive year=BALANCED BUDGET.
• NO REAL ESTATE TAX INCREASE (Real estate taxdecrease in 2012, 2015 and no increase in 2013,2014, 2016, 2017, and 2018)
• Proposed budget reflects a 13% increase (allfunds) over the 2017 adopted budget.
• Continue to invest in infrastructure. $2 millionfor gateway beautification projects, $1 million forblight removal, and $4 million for expansion ofmunicipal complex park.
• $76,475,204 million in unfunded liabilities2
despite having gone to Act 111 Arbitration.
2: Total = $76,475,204 includes post employment benefit plan, Police Pension Trust Fund, and accrued leaves . Breakdown is as follows: Post employment benefit plan ($66,464,278), Police Pension Trust Fund ($6,538,930), Accrued Leave ($3,471,996)
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COMPARISON BETWEEN 2017 ADOPTED &
2018 PROPOSED BUDGET
Township Fund 2017 Adopted 2018 Proposed Increase/Decrease% Change
from
Budget Budget from Previous Year Previous Year
General Fund $ 23,888,500.00 $ 21,186,000.00 $ (2,702,500.00) (11%)
Education Service Agency $ 170,900.00 $ 183,300.00 $ 12,400.00 7%
Street Lights $ 805,000.00 $ 728,500.00 $ (76,500.00) (10%)
Fire $ 1,177,800.00 $ 1,146,400.00 $ (31,400.00) (3%)
Rescue $ 227,300.00 $ 230,400.00 $ 3,100.00 1%
Parks $ 793,100.00 $ 469,800.00 $ 323,300.00 (41%)
Grants $ 820,000.00 $ 1,074,800.00 $ 254,800.00 31%
Capital Projects $ 5,364,000.00 $ 12,730,000.00 $ 7,366,000.00 137%
Debt $ 2,138,000.00 $ 2,756,400.00 $ 618,400.00 29%
Refuse $ 5,281,400.00 $ 7,198,700.00 $ 1,917,300.00 36%
Liquid Fuels $ 1,915,000.00 $ 2,750,000.00 $ 835,000.00 44%
Community Development $ 944,200.00 $ 1,042,600.00 $ 98,400.00 10%
Sewer $ 11,749,180.00 $ 11,079,500.00 $ (669,680.00) (6%)
Total Budgets $ 55,274,380.00 $ 62,576,400.00 $ 7,302,020.00 13%
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GENERAL FUND OPERATING RESULTS (Revenues-Expenses)/Revenues
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
2012 2013 2014 2015 2016 2017 2018
OperatingResults
BalancedFund(Trigger)
Year Surplus/(deficit)Balanced Fund
(Trigger)
2012 $1,544,910.00 3.30%
2013 $2,123,021.00 7.50%
2014 $3,390,999.00 9.39%
2015 $(4,251,452.00) 15.61%
2016 $ 252,650.00 1.12%
2017 - 0 - 0.00%
2018 -0- 0.00%
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GENERAL FUND REVENUES Highlights
• General Fund revenues will be $21,186,000 and expenditureswill be $21,186,000 (11% decrease from 2017 budget).1
• 2018 General Fund budget proposes to balance the budgetwithout using any fund balance as operating revenue.
• Net revenues are slightly more than 2017 levels. 2
1: No significant transfers of general fund revenue to capital fund proposed in 2018.
2: Largely due to efficient collection of EIT, LST,R/E transfer taxes and various fees.
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GENERAL FUND REVENUES
2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 ADOPTED 2018 PROPOSED
TOTAL REVENUES $22,610,670 $21,720,179 $21,946,394 $22,489,671 $23,888,500 $21,186,000
INTERFUND TRANSFERS $1,060,069 $300,000 $400,000 $460,000 $3,735,000 $535,000
NET REVENUES $21,550,601 $21,420,179 $21,546,394 $22,029,671 $20,153,500 $20,651,000
INCREASE(DECREASE) $1,148,725 ($130,422) $126,215 $483,277 ($1,876,171) $497,500
PERCENTAGE 5.63% (.6%) .58% 2.24% (8.52%) 2.47%
Bristol Township Net General Fund Revenues 2013 to 2018
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GENERAL FUND REVENUES 2018
General Fund Revenue Source
2017 Adopted 2018 Proposed % of TotalSurplus/Deficit from Previous
Year
% Change from
Previous Year
Total Revenue 23,888,500.00 21,186,000.00 N/A (2,702,500.00) (11.31%)
Real Property Taxes 7,558,000.00 7,611,000.00 35.92% 53,000.00 0.70%
Local Enabling Taxes 2,191,000.00 2,331,000.00 11.00% 140,000.00 6.39%
Earned Income Taxes 6,100,000.00 6,250,000.00 29.50% 150,000.00 2.46%
Business License & Permits 2,662,200.00 2,756,200.00 13.01% 94,000.00 3.53%
State Shared Revenue 646,700.00 671,700.00 3.17% 25,000.00 3.87%
Capital & Operating Grants 0.00 0.00 0.00% - -
Miscellaneous 328,100.00 354,600.00 1.67% 26,500.00 8.08%
Charges for Services 190,500.00 190,500.00 0.90% - -
Fines & Forfeits 477,000.00 486,000.00 2.29% 9,000.00 1.89%
Debt Proceeds 0.00 0.00 0.00% - 0.00%
Interfund Transfer 3,735,000.00 535,000.00 2.53% (3,200,000) (85.68%)
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GENERAL FUND REVENUES 2018
35.92%
11.00%
29.50%
13.01%
3.17%
0.00%
1.67%
0.90%
2.29%
0.00% 2.53%
Real Property Taxes
Local Enabling Taxes
Earned Income Taxes
Business Licenses & Permits
State Shared Revenue
Capital & Operating Grants
Miscellaneous
Charges for Services
Fines & Forfeits
Debt Proceeds
Interfund Transfers
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GENERAL FUND EXPENDITURESHighlights
• Investment in public safety: Hire two full-time police officers
• Continued investment in technology to improve productivity
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GENERAL FUND EXPENDITURES
2013 ACTUAL 2014 ACTUAL 2015 ACTUAL 2016 ACTUAL 2017 ADOPTED 2018 PROPOSED
TOTAL EXPENDITURES$20,487,649 $18,329,180 $26,197,846 $22,237,021 $23,888,500 $21,186,000
INTERFUND TRANSFERS$2,828,290. $890,816 $7,832,078 $3,423,850 $3,777,200 $221,900
NET EXPENDITURES $17,659,359 $17,438,364 $18,365,768 $18,813,171 $20,111,300 $20,964,100
INCREASE(DECREASE) ($1,219,977) ($220,995) $927,404 $447,403 $1,298,129 $852,800
PERCENTAGE (6.46%) (1.25%) 5.32% 2.43% 6.90% 4.24%
Bristol Township Net General Fund Expenditures (2013 to 2018)
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GENERAL FUND EXPENDITURES
(2018)
General Fund Expenditures
2017 Adopted 2018 Proposed% of Total GF Expenditures
Surplus/Deficit from Previous
Year
% Change from
Previous Year
Salaries $9,100,700.00 $9,744,700.00 46.48% $644,000.00 7.00%
FICA $303,500.00 $317,500.00 1.51% $14,000.00 5.00%
Benefits $7,142,300.00 $7,350,200.00 35.06% $207,900.00 3.00%
Total Personnel Related Costs
$16,546,500.00 $17,412,400.00 83.06% $865,900.00 5.00%
Operating Expenditures
$3,564,800.00 $3,551,700.00 16.94% $(13,100.00) (.37%)
Total Expenditures $20,111,300.00 $20,964,100.00 N/A $852,800.00 4.24%
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GENERAL FUND EXPENDITURES
(2018)
46.49%
1.51%
35.06%
16.94%
Salaries
FICA
Benefits
Operating Expenses
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CAPITAL FUND Highlights
• 2018 total proposed budgetfor the Capital Fund is$12,730,000 an increase of$7,366,00 over the 2017budget of $5,364,000
• Borrowed $10 million fromDelaware Valley RegionalFinance Authority in July2017
• Transferred $3 million todebt fund to pay off loans
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CAPITAL FUNDHighlights
• Development of municipal complex parkland ($4 million)
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CAPITAL FUNDHighlights
• Development of municipal complex parkland ($4 million)
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CAPITAL FUNDHighlights
Cedar Avenue Park
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CAPITAL FUND Highlights
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CAPITAL FUND Highlights
• Township Gateway Beautification Project –$2 million
• Blight Elimination ($1 million)
• Upgrade of five intersections/traffic signals
• Spray Park at Policeman’s Park ($700,000)
• Wistar Avenue Bridge ($850,000)
• Other capital projects computer upgrades ($60,000) document scanning technology ($150,000), and new police cars ($165,000) provide “Glasson Grants” ($100,000) to volunteer fire companies and public works bucket truck ($100,000)
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BRISTOL TOWNSHIP MILLING & PAVING
Program Summary
*The Public Works Department has also paved approximately 2 miles of Township highways between 2012 and 2014.
ROADS MILES COST
2012 36 8.4 $1,259,940
2013 162 35.8 $4,255,722
2014 99 25.0 $3,529,988
2015 130 32.3 $4,421,213
2016 50 14.6 $1,979,952
2017 11 3.36 $368,132
Total 488 119.46 $15,814,947
2018 15 10 $1,500,000
GRAND TOTAL 503 129.46 $17,314,947
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CAPITAL PROJECTS Highlights
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RECREATION FUND
2014 Actual 2015 Actual 2016 Actual 2017 (Adopted) 2018(Proposed)5 Year
Aggregate
Total Revenues $430,255.00 $427,929.00 $445,211.00 $793,100.00 $469,800.00 $2,566,295.00
Total Expenses $385,625.00 $359,484.00 $312,373.00 $793,100.00 $469,800.00 $2,320,382.00
Surplus/(Deficit) $44,630.00 $68,445.00 $132,838.00 - - ____$245,913.00
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REFUSE FUND
2014 Actual 2015 Actual 2016 Actual 2017 Adopted 2018 Proposed5 Year
Aggregate
TOTAL REVENUES $5,430,451.00 $5,311,461.00 $5,557,006.00 $5,281,400.00 $7,198,700.00 $28,779,018.00
TOTAL EXPENSES $4,274,562.00 $4,520,637.00 $4,837,488.00 $5,281,400.00 $7,198,700.00 $26,112,787.00
SURPLUS/(DEFICIT) $1,155,889.00 $790,824.00 $719,518.00 - - $2,666,231.00
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REFUSE FUND Highlights
• 2018 total proposed budget for the Refuse Fund is $7,198,700an increase of $1,917,300 over the 2017 budget of $5,281,400
• 2018 is the final year of a five-year trash contract with WasteManagement to expire on December 31, 2018.
• No Rate Increase proposed for Residential trash in 2018.
• $20 rate reduction in 2014 for residential refuse collectionsdecreased the annual residential trash fee from $337 a year in2013 to $317 in 2014 ($317 fee proposed again in 2018).
• Free Spring Cleanup Weekend/Fall Cleanup Day to dispose ofextra trash.
• Free electronics recycling program for township residents.Only municipality in Bucks County with free electronicsrecycling program!
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SEWER FUND
2014 Actual 2015 Actual 2016 Actual 2017 Adopted 2018 Proposed5 Year
Aggregate
Total Revenues $5,258,090.00 $5,217,852.00 $5,381,058.00 $11,749,180.00 $11,079,500.00 $38,685,680.00
Total Expenses $4,436,644.00 $5,777,128.00 $5,020,549.00 $11,749,180.00 $11,079,500.00 $38,063,001.00
Surplus/(Deficit) $ 821,446.00 $(559,276.00) $360,509.00 - - $622,679.00
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SEWER FUND Overview
• 65 Miles of Sewer Lines
• 18 pumping stations
• 2.25 million permitted gallons of sewage treated daily at treatment plant.
• 2018 total proposed budget for the Sewer Fund revenues is $11,079,500 a decrease of $669,680 over the 2017 budget of $11,749,180.*
*Reflects $5.7 million in capital upgrades
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SEWER FUND Highlights
• No rate increase proposed for sewer fund.
• $5.7 million to invest in a secondary clarifier and endmoratorium on sewer connections to collectionsystem and increase capacity at sewage treatmentplant.
• Expenditures include continuing repairs ($789,378)for capital upgrades to the sewer pumping stations,Inflow and Infiltration program (I&I) work($400,000), and treatment plant generator $830,000
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SEWER FUND Highlights
• Contract with M&B Environmentalexpires end of 2017
• Solicited proposals from Aqua,Severn Trent, BCWSA, and M&B toassume plant operations andmanagement
• New Five-Year contract ($1.5 million)with Severn Trent (Inframark) toassume management and operationsof wastewater treatment plant.
• Severn Trent (Inframark) has 35+years experience in wastewaterindustry
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2017 LIQUID FUELS FUND FINANCIAL RESULTS (Projected)
Funds from the Commonwealth of PA used for maintenance & reconstruction of Township Roads
January 1, 2017 Beginning Fund Balance $3,079,649
Revenue 1,562,179
Expense 1,661,644
Annual Deficit 99,465
December 31, 2017 Cumulative Fund Balance $2,980,184
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TOWNSHIP MILLAGE & REFUSE FEE
Average Assessed Value 17,877 Mils
Average
Resident's
Township Real Estate RE Taxes &
Year Millage Tax Refuse Fee Trash Fee
2008 19.6125 $351.00 $332.00 $683.00
2009 20.9875 $375.00 $337.00 $712.00
2010 23.9875 $429.00 $337.00 $766.00
2011 23.9875 $429.00 $337.00 $766.00
2012 23.9875 $429.00 $337.00 $766.00
2013 23.9875 $429.00 $337.00 $766.00
2014 23.9875 $429.00 $317.00 $746.00
2015 23.98 $429.00 $317.00 $746.00
2016 23.98 $429.00 $317.00 $746.00
2017 23.98 $429.00 $317.00 $746.00
2018 23.98 $429.00 $317.00 $746.00
Bristol Township Taxes 2008-2018
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REAL ESTATE TAX MILLAGE HISTORY
(2007 – 2018)TOWNSHIP AMOUNT PERCENTAGE
YEAR MILLAGE INCREASE INCREASE
2007 19.6125 - 0.00%
2008 19.6125 - 0.00%
2009 20.9875 1.3750 7.01%
2010 23.9875 3.0000 14.29%
2011 23.9875 - 0.00%
2012 23.9875 - 0.00%
2013 23.9875 - 0.00%
2014 23.9875 - 0.00%
2015 23.98 (0.0075) -0.03%
2016 23.98 - 0.00%
2017 23.98 - 0.00%
2018 23.98 - 0.00%
TOTALS 4.3675 21.27%
AVERAGE 0.3644 1.77%
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VALUE OF ONE MILL (2008-2018)
Year Assessed Valuation Value of One Mill Net Value of One Mill
2018 $418,976,610 $418,976.61 $397,932.78
2017 $416,156,390 $416,156.39 $395,348.75
2016 $416,798,170 $416,798.17 $395,958.26
2015 $417,462,470 $417,462.47 $396,589.35
2014 $416,837,500 $416,837.50 $391,827.25
2013 $418,976,000 $418,976.39 $393,837.81
2012 $416,024,630 $416,024.63 $391,063.15
2011 $417,440,720 $417,440.72 $392,394.28
2010 420,204,750 $420,204.75 $394,992.47
2009 420,688,490 $420,688.49 $395,447.18
2008 420,774,370 $420,774.37 $395,527.91
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215.82 , 82%
23.98 , 9%
23.20 , 9%
Bristol Township S.D 215.82 mills
Bristol Township 23.98 mills
Bucks County 23.20 mills
WHERE YOUR TAX DOLLARS GO!!!
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215.82
23.98 23.20
-
50.00
100.00
150.00
200.00
250.00
Bristol Township S.D. Bristol Township Bucks County
Mill
age
Ass
ess
ed
Governmental Entity
BRISTOL TOWNSHIP MILLAGE DISTRIBUTION
(2018)
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TOTAL AND AVERAGE COST OF
HEALTH INSURANCE (2018)(Employee/Retiree)
CLASSIFICATION NUMBER ANNUAL COST AVERAGE COST
Non-Uniform 44 $882,552 $20,058
Police (Active) 62 $1,736,516 $28,008
Retirees 76 $1,429,300 $18,807
TOTALS 182 $4,048,368 $22,244
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AVERAGE HEALTH INSURANCE COST (Per Employee)
Classification 2014 2015 2016 2017 2018
ACTUAL ACTUAL ACTUAL (ADOPTED) (PROPOSED)
NON-UNIFORM $16,635.00 $23,302.00 $19,299.00 $22,965.00 $20,058.00
POLICE ACTIVE $21,593.00 $22,960.00 $24,132.00 $27,167.00 $28,008.00
RETIREES $14,898.00 $14,815.00 $16,917.00 $17,232.00 $18,807.00
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HEALTH, RX, VISION AND DENTAL INSURANCE RATES
FOR NON-UNIFORM EMPLOYEES (2018)(TWU)
TOTAL TOTAL
PPO/1000/3000 RX5/20/35 VISION DENTAL PER MONTH ANNUAL
Single $611.51 $281.37 $3.27 $23.58 $919.73 $11,036.76
Parent/Child $1,090.17 $518.30 $9.10 $82.91 $1,700.48 $20,405.76
Parent/Children $1,090.17 $518.30 $9.10 $82.91 $1,700.48 $20,405.76
Couple $1,406.42 $691.10 $9.10 $82.91 $2,189.53 $26,274.36
Family $1,793.93 $753.91 $9.10 $82.91 $2,639.85 $31,678.20
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HEALH, RX, VISION AND DENTAL INSURANCE RATES
FOR POLICE EMPLOYEES (UNIFORM) 2018(Police)
TOTAL TOTAL
$10 HMO RX $5/$10 VISION DENTAL PER MONTH ANNUAL
Single $672.54 $263.16 $3.27 $23.58 $962.55 $11,550.60
Parent/Child $1,202.89 $434.23 $9.10 $82.91 $1,729.13 $20,749.56
Parent/Children $1,202.89 $434.23 $9.10 $82.91 $1,729.13 $20,749.56
Couple $1,548.59 $578.98 $9.10 $82.91 $2,219.58 $26,634.96
Family $1,972.26 $631.62 $9.10 $82.91 $2,695.89 $32,350.68
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HEALTH, RX, VISION AND DENTAL INSURANCE RATES
FOR NON-UNIFORM EMPLOYEES (2018)(SEIU)
TOTAL TOTALKEYSTONE15 RX $10/$20 VISION DENTAL PER MONTH ANNUAL
Single $1,233.03 $249.46 $3.48 $23.58 $1,509.55 $18,114.60
Parent/Child $2,198.74 $411.59 $9.68 $82.91 $2,702.92 $32,435.04
Parent/Children $2,198.74 $411.59 $9.68 $89.38 $2,702.92 $32,435.04
Couple $2,837.83 $548.79 $9.68 $89.38 $3,485.68 $41,828.16
Family $3,618.52 $598.68 $9.68 $89.38 $4,316.26 $51,795.12
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TOTAL COST OF HEALTH INSURANCE (Employees/Retirees)
Classification 2014 Actual 2015 Actual 2016 Actual 2017 (Adopted) 2018 (Proposed)
NON-UNIFORM $781,846.00 $838,800.00 $851,839.00 $941,565.00 $882,552.00
POLICE-ACTIVE 1,230,795.00 1,285,786.00 1,496,154.00 1,629,984.00 1,736,516.00
RETIREES 1,147,104.00 1,170,419.00 1,285,740.00 1,292,322.00 1,429,300.00
TOTAL $3,159,745.00 $3,295,005.00 $3,633,733.00 $3,863,871.00 $4,048,368.00
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HEALTH INSURANCE OPT-OUT PROGRAM
Health Ins RX Dental
$ 23,667.12 -0- $ 994.92
23,667.12 -0- 994.92
7,338.12 $ 3,376.44 282.96
21,527.16 9,046.92 994.92
16,877.04 8,293.20 994.92
21,527.16 9,046.92 282.96
21,527.16 9,046.92 994.92
21,527.16 8,293.20 994.92
16,877.04 3,376.44 282.96
$174,535.08 $ 50,480.04 $ 7,530.16 $232,545.48
Opt Out $36,300.21
FICA $ 2,497.97
Total Cost 38,798.18
Savings $193,747.30
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BRISTOL TOWNSHIP UNFUNDED LIABILITIES 2016-2018
2016 2017 2018 INCREASE/ (DECREASE)
POST EMPLOYMENT BENEFIT PLAN $73,094,112 $66,464,278 $66,464,278 -0-
POLICE PENSION TRUST FUND $ 6,538,930 $ 6,538,930 $ 6,538,930 -0-
ACCRUED LEAVES $ 3,050,895 $ 3,170,376 $ 3,471,996 $ 23,314
TOTAL UNFUNDED LIABILITIES $82,683,937 $76,173,584 $76,475,204 $ 23,314
*Police Pension Trust figures based on January 1, 2015 actuarial report (with smoothing)1
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POST EMPLOYMENT BENEFITS STATUSUnfunded Liabilities- Post Retirement Benefits
60,000,000
65,000,000
70,000,000
75,000,000
80,000,000
85,000,000
2010 2011 2012 2013 2014 2015 2016 2017 2018
Unfunded Actuarial Increase/(Decrease)
Liability Year on Year
2010 $66,917,267.00 -
2011 $77,074,400.00 $ 10,157,133.00
2012 $80,718,771.00 $ 3,644,371.00 2013 $70,420,090.00 $(10,298,681.00)
2014 $72,943,694.00 $ 2,523,604.00 2015 $75,284,033.00 $ 2,340,339.00
2016 $73,094,112.00 $ (2,189,921.00)
2017 $66,464,278.00 $ (6,629,834.00)
2018 $66,464,278.00 -0-
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POLICE PENSION EXPENDITURES (2014-2018)
MMO BondDeferred
Compensation Total
2014 $1,739,662.00 $581,322.00 $101,548.00 $2,422,532.00
2015 $2,219,238.00 $270,820.00 $108,912.00 $2,598,970.00
2016 $1,616,617.00 $884,200.00 $109,283.00 $2,610,100.00
2017 $1,511,398.00 $935,000.00 $114,236.00 $2,560,634.00
2018 $1,505,029.00 $935,000.00 $119,634.00 $2,559,663.00
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