1

County of NelsonBudget Presentation

FISCAL YEAR 2001/2002

July 1, 2001 through June 30, 2002

2

What is the Budget?

An Overview of County Budgets

NELSON COUNTY

3

BUDGET FUNDS

General Fund Operating Budget School Fund Operating Budget E911 Fund Budget Capital Fund Budget Community Development Block Grants Piney River Water/Sewer Project Budget Street Light Fund Operating Budget

4

FISCAL PLAN STRATEGIES

Maintain Basic Services at current levels. Maintain all tax rates at current levels. Continue to make Education a high priority. Maintain Capital Fund by contributing interest earned

on the $3.5 Million realized from the shift to twice a year tax collections, the FY2001 five cent increase in Real Property tax, and .5% growth in Real Property values.

Maintain fiscal stability through an appropriately funded General Fund Balance.

5

GENERAL FUND BUDGET COMPARED TO FY00-01

FY00-01 $20,448,528

FY01-02 $17,848,280

Decrease $ 2,600,248

% Change -12.72%

6

GENERAL FUND REVENUES

Sources of General Fund Revenue 2001-2002

Year Ending Balance

1%

State15%

Other Local20%

General Property Taxes

64%

7

GENERAL FUND REVENUESLOCAL

General Property Taxes $11,291,371Other Local Taxes $2,262,738Permits, Fees, Licenses $198,742Fines and Forfeitures $45,000Interest and Rentals $263,680Charges for Services $166,588Expenditure Refunds $50,000Miscellaneous $4,400Recovered Costs $120,294E911 Fund Transfer $472,330Non-Revenue Receipts $15,000Year Ending Balance $192,500

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PROPERTY TAXESAS LOCAL REVENUE

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

FY

01

-02 T

ax

Do

lla

rs

Real Estate Personal Property Machinery &Tools

Public Service

Types of Local Taxes

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CURRENT TAX RATESPER $100 OF ASSESSED VALUE

2001Real Property Tax $0.72Personal Property $2.95Machinery & Tools $1.25Mobile Home Tax $0.72

Street Light Districts:Arrington $33.00Lovingston $32.00Shipman $42.00

10

GENERAL FUND REVENUESSTATE AND FEDERAL

State $2,746,654

Federal $18,983

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GENERAL FUNDREVENUE HIGHLIGHTS

Local revenues are projected to increase by $1,014,987 (7.32%).

State revenues are projected to increase by $183,891 (7.18%).

Federal revenues are projected to decrease by $29,385 (60.75%).

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GENERAL FUND EXPENDITURES

Proposed ExpendituresRecreation

1%

Community Development

3%

Non-Departmental7%

Health & Welfare8%

Judicial Administration

3%

Contingency1%

General Administration

5%

Capital Outlay5%

PublicSafety12%

Public Works8%

Education46%

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GENERAL ADMINISTRATION

Board of Supervisors $62,369County Administrator $212,150County Attorney $25,000Comm.of Revenue $154,334Reassessment $150,000Treasurer $220,458Finance & Accounting $176,126Land Use Panel $2,664Electoral Board $27,925Registrar $62,860

TOTAL $1,093,886

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JUDICIAL ADMINISTRATION

Circuit Court $21,471Circuit Court Clerk $230,228General District Court $4,790VJCAA $27,459J&D Court $32,854Commonwealth Attorney $188,434

TOTAL $505,236

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PUBLIC SAFETY

Sheriff $985,865Regional Jail $131,865Emergency Services $52,202Emergency Services Council $348,931E911 Program $302,718Forest Fire Service $10,764Building Inspections $169,704Animal Control $70,458Medical Examiner $350

TOTAL $2,072,857

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HEALTH AND WELFARE

Health Dept. $176,735Dental Program $40,000Region Ten $61,881At Risk Youth $179,300Social Services $1,000,334

TOTAL $1,458,250

17

EDUCATION

Community College $3,000Public Schools $8,125,166School Nurse Program $150,000

TOTAL $8,278,166

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RECREATION

$126,760

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PUBLIC WORKS

Waste Management $940,296Building & Grounds $335,003Motor Pool $198,008Piney River Water/Sewer $10,000

TOTAL $1,483,307

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COMMUNITY DEVELOPMENT

Planning & Zoning $132,291Tourism $189,289Economic Development $25,000Soil & Water Conservation $44,552Litter Control (Grant) $5,827VPI Extension Service $56,656

TOTAL $453,615

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NON-DEPARTMENTAL

Regional Library EMS Council JABA Piedmont Housing Community Service JAUNT MACAA Shelter for Help Family Preservation Grant

Industrial Dev. Authority Blue Ridge Railway Trail T.J. Econ. Dev. Council Housing Development The Nelson Center Va. Institute of Gov’t Wintergreen Performing

Arts Employee Benefits

Total Non-Departmental $1,170,135

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CAPITAL OUTLAY

Zoning Subdivision Ord. Revision $30,000Comprehensive Plan Update $20,000Library Computer Upgrade $4,498Technology Project $100,000Facilities Master Plan $2,790Capital Fund $797,275

TOTAL $954,563

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CONTINGENCY

$251,505

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GENERAL FUNDEXPENDITURE HIGHLIGHTS

Continued support of Capital Fund for school projects in progress.

5% increase in local School operational

funding. 3.3% increase in General Fund operation

expenditures. Mandated groundwater and gas monitoring at

the landfill (115,100).

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Highlights continued…

Reassessment beginning Fall, 2001 to become effective January, 2003

County operated Recreation program. Support for local fire and rescue ($317,033) Comprehensive Plan Update Zoning and Subdivision Ordinance revision Technology networking project

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E911 Fund Revenues

REVENUEE911 Phone Service Tax $226,513Fees for Signs $250Interest Earnings $21,500Beginning Balance $54,455

$302,718

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E911 Expenditures

EXPENDITURESTransfer to General Fund $302,718 for E911 Program Budget

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Community Development Block Grants

REVENUESGrant Funds $155,000

EXPENDITURESMicro-Enterprise Loan Program $155,000

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PINEY RIVER WATER/SEWER PROJECT

REVENUESTransfer from General Fund $10,000User Fees $18,444Interest Earnings $28 TOTAL $28,472

EXPENDITURESProfessional Services $27,000Maintenance Supplies $1,472 TOTAL $28,472

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STREET LIGHT FUND

REVENUESStreet Light Taxes $7,624 TOTAL $7,624

EXPENDITURESAdministration $821Electric Service $6,803 TOTAL $7,624

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CAPITAL FUND

REVENUESTransfer from General Fund $797,275Lease Revenue Note Proceeds $7,408,361Interest Earnings $175,000

$8,380,636

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CAPITAL FUND

EXPENDITURESCapital School Projects $7,408,361Contribution to Fund Balance $972,275

$8,380,636

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PROJECTS UPDATE:

Construction drawings of the new Middle School and High School renovation project are being finalized. Projected bid date is July, 2001. Estimated completion date is the fall of 2003.

Structural repair project at the High School is complete.

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FINANCING STRATEGY:

Establish Capital Reserve Fund. Initial source for fund is approximately 3.5

million from the shift to twice a year tax collections in 2000.

Five cent real property tax increase effective in 2000 is also dedicated to this fund.

.50% of assessed value growth will be applied toward debt service.

Financing through Literary Loans and Lease Revenue Bonds.

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GOALS AND OBJECTIVES

Meet the County’s school related capital improvement needs.

Minimize future tax rate increases. Maximize potential investment earnings. Maximize the County’s long term fiscal

position in order to meet future capital improvement needs.

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ADVANTAGES TO STRATEGY

REAL ESTATE TAX RATES

$0.19

$0.05

$-

$0.02

$0.04

$0.06

$0.08

$0.10

$0.12

$0.14

$0.16

$0.18

$0.20

As Proposed Without Strategy

Tax Impact

Req

uir

ed R

ate

Incr

ease

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NELSON COUNTYPUBLIC SCHOOLS

FY00-01 $17,081,218FY01-02 $17,590,250Increase $509,032% Change 2.98%

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SCHOOL REVENUE

State $7,345,750Federal $1,174,791Other $794,543County Contribution $8,275,166

TOTAL $17,590,250

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SCHOOL EXPENDITURES

TOTAL ALL CATEGORIES$17,590,250

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COUNTY FUNDING FOR COUNTY FUNDING FOR SCHOOL OPERATIONSSCHOOL OPERATIONS

Local $FY00-01 $7,888,253FY01-02 $8,275,166Increase $386,913% Change 4.90%

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SUMMARY BY FUNDSUMMARY BY FUND

General $17,848,280E911 $302,718CDBG $155,000Capital $8,380,636School Division $17,590,250Piney River Water/Sewer $28,472Street Light $7,624

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THE END