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o Insurance costs, originally anticipated to rise 30% over last budget <br />year are now expected to rise 22% based on the insurance bids <br />received. As a result, each departmental budget containing <br />employees was adjusted downward. This reduction amounted to <br />$302,268 throughout the budgets. <br />(Full details of these three changes are shown on the chart "Summary of Additional <br />Changes Made After the Budget Workshops", attached to this memo.) <br />A third chart shows how these new changes affected the rates after the workshops. While <br />the M.S.T.U. showed a minimal decrease, both the General Fund and the South County <br />Fire budgets were affected rather significantly, the latter in particular because of the <br />retirement reduction. <br />The last page shows the new millage being compared to rollback. On this chart it can be <br />seen that the aggregate millage now stands at 6.8996 (1.36% above the rollback aggregate <br />millage of 6.8075). Lastly, it should be noted that the final budget is currently at <br />$133,909,981, which is 2.82% higher than last year's budget of $130,238,633. <br />JAB:kim <br />Administrator Chandler noted that the 2.8% increase in the <br />total budget is primarily related to four areas: 1) New <br />facilities that will be coming on line next fiscal year such as <br />Treasure Shores and South County Parks; 2) Contractual commitments <br />such as Fire Fighters' Contract; 3) Implementation of the <br />Emergency Services Equalization Plan that was approved by <br />referendum last March; and, 4) A substantial increase in employee <br />health insurance. As to property taxes, the aggregate millage <br />rate proposed is 6.8996, which represents a 1.36% increase over <br />rolled -back millage or an increase of $462,407 above roll back. <br />That aggregate millage rate is a combination of the proposed tax <br />rates within each of the individual tax funds, and we will address <br />these as we address each individual fund. <br />Administrator Chandler wished to make it clear that the <br />function of County government does not include the Hospital <br />District, the School Board, the Mosquito Control Districts, the <br />municipalities, etc., all of which have separate taxing powers. <br />We are only talking about the part of the taxes for which we are <br />responsible. <br />5 BOOK 84 f'* uc fj <br />SEP ro, 1991 <br />I <br />