LINN 2013 Budget

8/2/2019 LINN 2013 Budget

1/18

County of Linn

Fiscal 2013 BudgetPublic Hearing

March 14, 2012


2/18

Budget Summary

Countywide levy rate: $6.11, no change from FY 12, no change in

the additional rate paid by rural residents of $3.71

Impact to homeowner: approximately 4.5% or $13 increase on a

home assessed at $100,000 due to state rollback change

Property taxes levied of $57.9 million, an increase of $1.9 million or

3.4% from FY 12

Local Option Sales Tax projects budgeted at $5.3 million with $4.7million for road construction and $0.6 million for conservation

projects


3/18

Budget Summary (continued)

Wages for elected officials and deputies will increase by 2.00% plus

$5,000 for Sheriff and Attorney, 2.25% for all others

Bargaining unit wages increase 2.25% per contract, managementwages are budgeted to increase 2.30%

Budget of $119.2 million, a decrease of $10.5 million due to

completion of flood recovery projects

General fund expenditure minimal decrease due to transfer of CSRUfrom county department to state department


4/18

Budget Initiatives

Countywide tax rate of $6.11 per thousand

General fund uses not to exceed revenues

General fund ending balance of 25%

Wage increases funded for existing staff

No increase in operations

Funding for offers of $1.5 million


5/18

Budgeting For Outcomes (BFO) Determine how much money is available

Define prioritieselected leaders determine what programs areimportant to constituents

Allocate resources among high priority results

Conduct analysis to decide what offers to accept

Budget available dollars to the highest priorities

Set measures of annual progress

Check what actually happened

Communicate performance results


6/18

Countywide Taxable Valuation Growth

3.4%

1.5%

2.1% 2.0%1.7%

3.9%

4.3%

4.0%

5.9%

3.2%

0.0%1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

FY 04 FY 05 FY 06 FY 07 FY 08 FY 09 FY 10 FY 11 FY 12 FY 13


7/18

Rural Taxable Valuation Growth

2.5%

-4.4%

3.1% 3.3%

-0.3%

3.5%

4.6%

3.5%4.5% 4.9%

-6.0%

-4.0%

-2.0%

0.0%

2.0%

4.0%

6.0%



8/18

Residential Rollback

51% 49% 48%46% 46% 44% 46%

47%49% 51%

0%

10%

20%

30%

40%

50%

60%



9/18

Revenues by Source

Property Taxes49%Other Taxes

7%

Intergovernmental

35%

Licenses & Permits1%

Charges forService

6%

Use of Money1%

Miscellaneous1%


10/18

Revenues by Source


11/18

Expenditures by Service Area

Public Safety &Legal Services

21%

PhysicalHealth &

SocialServices14%

Mental Health32%

CountyEnvironment

6%

Roads &Transport.

11%

GovernmentServices

4%

Administration12%


12/18

Expenditures by Service Area


13/18

Expenditures by Fund

General53%

Mental Health30%

Rural Services1%

Secondary Rds.9%

Other5%

Capital Projects1%

Debt Service1%


14/18

Taxable Values

Residential59%Agricultural

3%

Commercial28%

Industrial4%

Utilities6%


15/18

Combined Tax Rate

City of CedarRapids$15.22

40%

Cedar RapidsSchools$15.16

40%

Linn County$6.1116%

Miscellaneous$1.30

4%

Fiscal Year 2012 Rates


16/18

Tax Rate Impact

Homeowners in cities will pay approximately 4.5% more than last

year in county taxes, or $13 for a home assessed at $100,000

Increase in residential taxable value due to state rollback change from48.5% in current year to 50.8% in FY 13

Commercial property will pay the same if assessed value remains the

same. Average Cedar Rapids change will result in 3.0% increase in

county taxes

Farms will pay 16.6% less in FY 13 than in current year due to

change in rollback from 69.0% to 57.5%


17/18

Fund BalanceGeneral Fund

26%

16%18%

23%25% 25%

0%

10%

20%

30%

40%

50%

60%

FY 08 FY 09 FY 10 FY 11 FY 12 FY 13


18/18

Personnel Positions

824.53 820.93 788.81 816.10834.13

789.69

-

100200

300

400

500

600

700

800

900

1,000

FY 08 FY 09 FY 10 FY 11 FY 12 FY 13

Documents

LINN 2013 Budget