07/15/2015 - Laserfiche WebLink

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Special Revenue and Capital Projects Funds All current Street Lighting and M.S.B.U. District rates will remain unchanged for the 2015/2016 fiscal year. The county will be adding three additional M.S.B.U.'s for 2015/16. They are Oslo Park Street Lighting, Oceanside Street Lighting and Oceanside road resurfacing. The county will hold public hearings to establish rates for these districts later this summer, so they have not been included in the proposed budget at this time. The Optional Sales Tax (OST) Fund budget is $18,340,679, a decrease of $20.6 million or (53.0%) from the current year. This decrease is due largely to the fluctuation in capital projects from year to year. It should be noted that the OST is set to expire in 2019. This revenue has been crucial in funding the county's infrastructure needs and keeping property taxes low. Golf Course The proposed Golf Course budget totals $2,781,600, a decrease of $27,679, or (1.0%). No change in rates is proposed. The golf course interfund loan used to retire the bond issue will be paid off at the end of 2015/16. Building Division The proposed budget is $2,447,555, an increase of $311,936 or 14.6% (page 46). Three (3) additional positions are proposed to assist in keeping up with the increased workload for the department. Building Department revenues are up by approximately 21.7%from last year through the end of April 2015. Therefore, permit revenues should be sufficient to fund the increase in positions. Staff anticipates that additional positions may be needed during next year to maintain and potentially enhance the level of service provided to customers. It is important to maintain appropriate staffing levels to provide responsive service to contractors at all times, so mid-year adjustments may be needed here. Utilities The Utility Services recommended budget is $38,897,022, an increase of $1,140,928, or 3.0% (page 47). Two (2) additional positions have been added here to improve operations and maintenance of the system. No rate increases are included in this budget. Based upon the Utility's continued positive cash flow and lack of borrowing needs, staff plans to pay off a portion of the Series 2005 bonds at their first available call date on September 1, 2015 from fund reserves. GIS/Computer Services Fund The total proposed budget for the GIS/Computer Services Fund is $1,332,727, a decrease of $74,374 or(5.3%). The decrease is primarily due to the carryover of projects from the prior fiscal year. Additional resources may be needed here in the long run to keep pace with ever-changing technology in the digital arena. 13