Meeting of April 15, 2024

good morning I'd like to call this meeting to order this is the Davis County Fiscal Court budget work session and today is April 15 2024 um Mr Johnson yes judge I provided you all with an agenda for today's work session all of the items in your packets are in the same order as presented I'll begin with a summary of changes from the initial draft of the fiscal year 2425 budget that the commission was given uh number one we have increased most insurance expense amounts in the categories of building and contents Vehicles watercraft and general liability per updated premium projections from Koo number two real property taxes increased by 3,000 to a total of 9 million that is in light of pva's recapitulation of real property tax for 2024 they have a total assessment of 7.92 billion you would divide that by 100 multiplied by our tax rate to 0.13 and then multiply that by about 0.9 to get to our 9 million item three we have increased the Commonwealth of Kentucky AOC reimbursements line by 3.25 million and

for the expense account uh judicial Center repairs we've increased that by 0.25 million for a total of 3.25 million so that they equal that is the judicial Center HVAC project AOC has communicated that the project is in their budget at this amount for reimbursement and item five is other equipment in the park system was reduced by 15,000 that was the removal of one new Zero Turn Mower uh due to interde departmental transfer from the maintenance department any questions on any of those changes no no sir moving on to the budget highlights beginning in the general fund general fund revenues are expected to remain steady with a budgeted increase in property taxes of $500,000 from the prior year any adjustments to revenues have been increased or decreased in accordance with historical trending activity the Sheriff's Office subsidy is $33.04 million the budgeted fund transferred to the road fund is$ 2.87 million which is up from last year's 2.83 million and the budgeted fund transferred to the jail is 3.41 million which is down from last year's 3.82 million for the road fund state

reimbursable project amount for Flex Bridge funds and other is $530,000 which is down from 1.02 Million last year for projects that have yet to be identified and other resurfacing list projects asphalting from the road and LGA funds this year total 1.28 million which is the same amount as the prior year for the LGA fund we are classified as a coal impact County our classification did change last year with a decrease in LGA funding of approximately $500,000 a coal impact County must expend 100% of funds in transportation categories meaning that the 135,000 projected income for fiscal year 2425 in LGA must be spent entirely on the maintenance of roads for the jail fund revenues from the housing of State prisoners are budgeted 3.4 million based on the trending activity federal prisoner revenue is budgeted at 2 million the budget fund transfer from the general fund is 3.41 million again down from last year's 3.82 million this decrease is driven primarily by fewer capital projects and the decrease in employer retirement contribution rates for The Economic Development Fund the court has awarded funds to several

projects since the Inception of the fund and will continue to provide funding for fiscal year 2425 for the solid waste fund revenues are projected to remain constant and expenses are being managed to allow this fund to continue operating as an Enterprise fund which generates its own operating revenue and pays all expenses with no assistance from the general fund or any tax dollars gate rates were adjusted on January 1 of 24 and revenues are occurring at the expected levels in terms of any budget threats the following items could have a significant negative impact on the proposed budget's financial performance which would be unstable Fuel and energy prices inflation and supply chain issues lower than expected Solid Waste revenues and reductions in state funding those are our typical budget threats they remain unchanged for assumptions for the fiscal year 2425 budget we are assuming a cola of 3.4% for all departments retirement percentages for non-hazardous employer contribution rate has decreased from 23.3 4% to 19.71% hazardous employer contribution rate has decreased from 43.69 to 38.6 1% we assume that the

currently adopted tax taxes and tax rates will be held constant which are property tax rate of 13 cents per $100 of value occupational tax rate of 1% and an insurance premium tax rate of 6% we assume that no additional debt will be issued and the annual principal reduction of 1.13 million is what we have projected for this budget the Sheriff's Office subsidy is $3,356 127 they have adopted a 3% Cola and they will go to the clerk's schedule of adopting the County's Cola on a six-month lag from now on the jail fund subsidy is $3,498 12 Road fund subsidy is $2,876 64 are there any questions on any of those budget highlights then for me commissioner Connor Thank you judge um just as a comment more than anything else when treasure Johnson throws out the U threats to our budget there is one that is of concern that was I believe passed on to the Secretary of State House Bill

five known as the crime Bill uh I believe that if we can have jayer maglinger come to Fiscal Court to address what might be the unintended consequences of that bill of the enforcement of not only local law enforcement are sheriff and OPD but what impact will that bill potentially it may be hard to quantify that that bill in particular has on local jails there's been a lot of discussions about what that bill is going to do of incarcerations are bringing up the rate of individuals or the number of people that go into our jail and I would respectfully request that the uh judge consider uh having jaylor maglinger present to us what he believes that impact might be everything else looks really good thank you sir thank you anyone else no Mr Johnson sorry about that um you have in front of you the summary of Revenue and Appropriations I

will read each appropriation by classification with the total amount appropriated by fund each fund has an equal offsetting Revenue amount as the budget is balanced beginning in the general fund General government is $1,199 77 protections to persons and property is 8,863 the microphone General Health and sanitation is, 399,000 social services are $935,000 Recreation culture is 5,956 750 transportation services $526,500 capital projects $1,335 500 General Administration 9,493 52 for total general fund appropriations of 58 m793 224 for the road fund roads is $ 6,529 th000 engineering is

$594,900 for a total Road fund appropriation of$ 7,123 1900 for the jail fund protection to persons in property is $1,691 612 with appropriations of the same local government economic Assistance or lgaa fund all to be spent on road maintenance in the amount of $271,500 economic Development Fund for Project funding $1,770 th000 Bond Fund for Debt Service $366,500 in the solid waste fund sanitation operating services1 15,41 19,900 Debt Service fund $1,050 closure $ 5,510 post closure $3,550 for total solid waste appropriations of $ 24,48 n50 for the arpa fund other capital projects which is what is remaining on the conexon contract a total of $5,500,000 for the county clerk permanent storage fees funds of which we