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Budget Trends
Program Contacts

Contact Sarah Gomez of the Department of Finance at 240.777.8885 or Jane Mukira of the Office of Management and Budget at 240.777.2754 for more information regarding this department's operating budget.

Related Links

Mission Statement

The mission of the Department of Finance is to prudently manage financial operations, recommend and implement sound fiscal policies, safeguard public assets, and encourage a safe environment on public property.

Budget Overview

The total approved FY18 Operating Budget for the Department of Finance is $81,401,713, an increase of $3,644,428 or 4.69 percent from the FY17 Approved Budget of $77,757,285. Personnel Costs comprise 20.63 percent of the budget for 132 full-time position(s) and no part-time position(s), and a total of 125.02 FTEs. Total FTEs may include seasonal or temporary positions and may also reflect workforce charged to or from other departments or funds. Operating Expenses account for the remaining 79.37 percent of the FY18 budget.

The Finance Operating Budget is comprised of a General Fund component (the Director's Office and the Divisions of Fiscal Management, Treasury and Controller) and the Division of Risk Management, which is funded by the Liability and Property Coverage Self-Insurance Fund. The total approved FY18 Operating Budget for the General Fund component is $14,446,096 an increase of $380,277 or 2.70 percent over the FY17 approved budget of $14,065,819. Personnel Costs comprise approximately 83.98 percent of the General Fund budget for 121 full-time positions. A total of 93.90 FTEs includes these positions as well as any seasonal, temporary, and positions charged to or from other departments or funds. Operating Expenses account for the remaining 16.02 percent of the budget.

The total FY18 Operating Budget for the Self-Insurance Fund component of Finance (Risk Management) is $66,955,617, an increase of $3,264,151 or 5.12 percent over the FY17 approved budget of $63,691,466. Personnel Costs comprise approximately 6.96 percent of the Self-Insurance Fund budget for 11 full-time positions. A total of 31.12 FTEs includes these positions as well as any seasonal, temporary, and positions charged to or from other departments or funds. Operating Expenses account for the remaining 93.04 percent of the budget. Included in the total FTEs are 19.75 FTEs charged to the Self-Insurance Fund by the Office of the County Attorney and 0.37 FTE charged by the General Fund component of Finance (Controller Division) for services provided in support of Risk Management.

Linkage to County Result Areas

While this program area supports all eight of the County Result Areas, the following are emphasized:

  • A Responsive, Accountable County Government
  • Strong and Vibrant Economy

Department Performance Measures

Performance measures for this department are included below (where applicable), with multi-program measures displayed at the front of this section and program-specific measures shown with the relevant program. The FY17 estimates reflect funding based on the FY17 approved budget. The FY18 and FY19 figures are performance targets based on the FY18 approved budget and funding for comparable service levels in FY19.

Accomplishments

  • Successfully retained the County's AAA bond rating from all three major credit rating agencies in the Fall of 2016.
  • Successfully issued $300 million in GO Bonds in FY16 with an interest rate (True Interest Cost) of 2.803% which was 3.5 basis points below the benchmark rate according to the Municipal Market Data (MMD) Index.
  • Received the GFOA Certificate of Achievement for Excellence in Financial Reporting for the FY16 Comprehensive Annual Financial Report (CAFR), the 47th year for this achievement.

  • The County's Small Business Plus program, now in its fourth year, generated $109 million in new small business loans, 352 new jobs, and $160,000 in interest income in 2015 as a result of the County depositing up to $50 million with participating local banks.
  • Finance, in collaboration with the State Board of Elections, implemented the County's Public Election Fund providing matching County funds to eligible candidates running for an elected office of County Executive or County Council.
  • Successfully recommended State legislation (that was adopted by the General Assembly in the 2016 legislative session) to modify the Wynne Case income tax refund repayment schedule to a greater number of quarterly periods and to delay the repayment schedule.
  • Issued $46.5 million in Water Quality Protection Charge (WQPC) Revenue Bonds to assist the Department of Environmental Protection in support of its stormwater management program in FY16. Standard & Poor's Rating Agency also raised its rating of the 2012A WQPC bonds to AA+ "based on a combination of an extremely strong enterprise profile and a very strong financial risk profile."
  • Implemented the County's Commercial Property Assessed Clean Energy Program (C-PACE) with the first project completed in March 2017.
  • Implemented two safety-related electronic applications: 1) Safety and Health Program (SHP) audit; and 2) Ergonomics application. The SHP application provides an efficient means of conducting and reviewing compliance programs; and the Ergonomics application speeds and consolidates communication with Occupational Medical Services regarding ergonomic reviews and allows analytical reporting.

Initiatives

  • Implement remediation items as outlined by the Payment Card Industry and National Automated Clearing House Association annual security assessment, with the assistance of contract resources.

  • Implement improvements to payroll processes and procedures due to the continuously increasing scope of payroll and administrative duties.
  • Develop an electronic contract tracking system to track contract review requirements and provide additional assistance and support to departments to expedite the process.

  • Develop electronic applications to emphasize occupational safety and health. Provide contractual resources to aid and enhance support to departments and member agencies of the Montgomery County Self Insurance Program to achieve improved safety and health in the workplace.

  • Add one full-time position to administer the Small Business Assistance Program under the Economic Development Fund to provide financial assistance for eligible businesses adversely impacted by the redevelopment project.

Innovations and Productivity Improvements

  • Leveraged datasets from the Oracle ERP system for a technology solution that will perform analytics to determine duplicate and erroneous payments.
  • Implemented and trained employees on a major upgrade to the Municipal tax system, completed non-IT requirements for the Treasury Risk Assessment, fully implemented cross-training for select staff, re-engineered MC311 service request procedures, and implemented document tracking procedures for cashiering, transfer, and property tax sections.
  • Coordinated the on-line credit card payment systems for Health and Human Services, Police, Office of Emergency Management and Homeland Security, and Libraries.
  • Implemented a disaster recovery solution for the MUNIS property tax bill platform.
  • Improved the experience of vendors doing business with Montgomery County by sending electronic remittance advices to vendors who have requested electronic payments, reducing processing, printing, and postage costs.
  • Achieved greater efficiency in claim reporting by inputting telephonically reported claims directly into the claim management system.

Program Descriptions

  Fiscal Management

This program provides effective management of County capital and operating funds and the fiscal analysis and issue management associated with master plan development, economic development, and legislative issues. It is also responsible for accurate revenue and economic forecasting and publishing reports on economic and revenue analysis on a monthly and quarterly basis for dissemination to the County Council and public. The program's primary goal is to maintain the County's AAA General Obligation Bond debt rating and to actively invest the County's working capital to minimize risk while generating maximum investment income. Program objectives related to debt and cash management include managing the timely and economic issuance of short- and long-term financial obligations; developing and maintaining strong rating agency and investor relations; preparing accurate and timely financing documents, including the County's Annual Information Statement; ensuring strict compliance with disclosure requirements; coordinating bond counsel review; providing high-quality consulting services for County agencies, managers, staff, elected officials, and residents on issues related to debt and cash management; and managing the County's relationship with the banking and investment community. Program objectives related to policy and fiscal projects include the proactive development of intergovernmental policy alternatives and recommendations, including necessary local and state legislation and regulations; fiscal and economic impact analysis for local and state legislation; fiscal impact analysis and effective management associated with the financing and implementation aspects of Master and Sector Plans; implementing and managing new County initiatives such as the Public Election Fund and Commercial Property Assessed Clean Energy (C-PACE) programs; managing several economic development initiatives that were transferred from the abolished Department of Economic Development; and high quality financial consulting services for County agencies, managers, staff, elected officials, and residents.

Program Performance MeasuresActual
FY15
Actual
FY16
Estimated
FY17
Target
FY18
Target
FY19
Bond Rating - Rating given to Montgomery County by Fitch, Moody's, and Standard and Poor's (Bond ratings are a measure of the quality and safety of a bond and are based on the issuer's financial condition)AAAAAAAAAAAAAAA
Interest Rate - True Interest Cost for Montgomery County General Obligation Bonds (the most common debt instrument used by the County)2.7%2.8%3.0%3.5%4.0%
Interest Rate Benchmarking - County General Obligation (GO) vs. Municipal Market Data Index (basis point spread)-3.0-3.5-5.0-5.0-5.0
Investment Return - Rate of return on Montgomery County's investments0.18%0.39%0.50%1.00%1.50%
Investment Return Benchmarking - County Return vs. S&P Local Government Investment Pool Index (basis point spread)1319151515
Revenue forecasting - Percent variance between actual revenue and projected revenue-1.48-0.150.000.000.00

  Information Technology

This program provides planning, direction, and support for finance and core business systems, technology, and business processes to support effective and efficient achievement of the Department's mission. Activities are proactively coordinated with the Department of Technology Services, other County departments, vendors, and Department staff to ensure consistency of Department systems and financial controls with countywide automation policies and standards and with appropriate financial control standards. The program oversees and coordinates business requirements analysis, development, selection, procurement, implementation, maintenance, administration, security, and training on and reporting from the Finance Department's automated systems and applications. This program is also responsible for managing data integrity associated with daily and year-end processing, providing timely response to customer questions and proactive troubleshooting of financial transaction issues, supporting continuity of Finance Department business operations, managing service contracts and vendor relationships, and providing responses to FOIA-related and auditor requests of Finance.

  Accounts Payable

This program is responsible for timely and accurate payments to vendors for goods and services provided to the County; complying with County policies and procedures; and carrying out State and Federal reporting requirements. Payments to vendors are initiated and approved by individual departments. The Accounts Payable program is responsible for review and final approval of payments of $10,000 or more, as well as most refunds and other non-expenditure disbursements. Payments under $10,000 are individually reviewed and approved by operating departments subject to post-payment audits by Accounts Payable.

Program Performance MeasuresActual
FY15
Actual
FY16
Estimated
FY17
Target
FY18
Target
FY19
Procurement Card rebate revenue generated487,901446,888450,000450,000450,000

  Accounts Receivable

This program is responsible for the timely receipt and accounting for monies due to the County from residents, businesses, and government agencies. In conjunction with the implementation of the Enterprise Resource Planning (ERP) system and associated best practices, this program provides for development of stardardized policies and procedures, and provision of services including invoicing/billing, collection, accounting, reconciliation, and reporting reconciliation of monies due. This program will provide greater accountability through improved reporting, enhanced tracking of payment trends, and increased opportunities for maximizing collectibility.

  General Accounting

This program is responsible for the analysis, interpretation, and presentation of the County's financial position and results of operations through timely, accurate, and professional financial reports. These reports provide public assurance as to the accountability and integrity of the use of County resources; adherence to budgetary policies established by management; and compliance with Federal, State, and County mandates. The program prepares the Comprehensive Annual Financial Report, Debt Service Booklet, as well as numerous other standardized and specialized reports. This program also provides high quality, timely service to County departments through analysis and technical assistance and through preparation, review, and approval of financial transactions.

Program Performance MeasuresActual
FY15
Actual
FY16
Estimated
FY17
Target
FY18
Target
FY19
Receive the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting 1ReceivedReceivedExpected Expected Expected
1  The County has been awarded this certificate more times than any other county in the nation (FY16 = 47 times)

  Grants Accounting

This program is responsible for the analysis, interpretation, and presentation of the County's financial position relating to grants through timely, accurate, and professional financial reports. These reports provide public assurance as to the accountability and integrity of the use of Federal, State, and other outside resources; adherence to budgetary policies established by management; and compliance with Federal, State, and County mandates. The program prepares the Single Audit Report on expenditures of Federal awards, and the State Uniform Financial Report, as well as numerous other standardized and specialized reports. This program also provides high quality, timely service to County departments through analysis and technical assistance; and through preparation, review, and approval of grant financial transactions.

  Payroll

This program is responsible for managing and maintaining the County's payroll system and functions as prescribed by Federal, State, and County laws, and local regulations. The program provides timely and accurate payroll disbursements to County employees, accounts for payroll deductions, issues W-2 statements to account for pre-tax and post-tax benefits, maintains official payroll and leave records, and responds to internal and external inquiries. The program proactively operates in conjunction with other County departments to maintain and develop efficient and effective improvements to the personnel/payroll.

Program Performance MeasuresActual
FY15
Actual
FY16
Estimated
FY17
Target
FY18
Target
FY19
Pension and long-term disability (LTD2) payroll payments processed74,62160,14863,00063,00063,000

  Tax Operations

This program is responsible for the timely and accurate collection and processing of all County administered taxes, including property taxes (which are the County's largest revenue source), transfer and recordation taxes (relating to real property transfers and recordation of instruments of writing), and several excise taxes (fuel/energy, telephone, hotel/motel, carryout bags, electronic cigarettes). The program is also responsible for the administration of the County's Working Families Income Supplement program, the Public Advocate for Assessments and Taxation (Public Advocate) program, and numerous tax credit, deferral, and assistance programs. The property tax portion of this program provides the calculation and distribution of tax bills; accounting and distribution of tax collections to the State of Maryland, municipalities, and other entities; collection of delinquent accounts through the tax lien sale process; and communication of and access to tax and account information by attorneys and title companies for preparation of property settlements; and customer service assistance to the public for complex tax-related matters and issues. The transfer and recordation tax portion of this program ensures that all other taxes, fees, and charges associated with the property tax account are paid in full prior to recording of the deed for that property by the State of Maryland. The Public Advocate program provides an independent review of State-determined property assessment valuations for fairness and accuracy and, therefore, protects the public interest by acting on behalf of the taxpayers and the County.

Program Performance MeasuresActual
FY15
Actual
FY16
Estimated
FY17
Target
FY18
Target
FY19
Property tax accounts billed367,708371,446373,000375,000377,000

  Treasury Operations

This program is responsible for providing coordination and oversight of treasury operations and customer services through the cashiering function. All money received by the County, directly through the Treasury cashiering operation, from other County agencies, or through the internet and bank lockbox operation, is processed, administered, and recorded in a timely fashion in the County's accounting system. This program handles property, transfer and recordation, and excise taxes; fines and fees; and offers specific employee services, such as the fare media pass. Functioning as a banking operation, the tellers are a primary provider of person-to-person customer service to County residents.

Program Performance MeasuresActual
FY15
Actual
FY16
Estimated
FY17
Target
FY18
Target
FY19
Cashier transactions processed 140,79290,37791,00091,00091,000
1  FY15 and previous years were based on an Oracle report that did not provide full detail on the number of transactions processed by the Cashiers. Beginning in FY16 the Cashiering unit began tracking all transactions.

  Insurance

The Montgomery County Self-Insurance Program, established under County Code 20-37, provides comprehensive property and casualty insurance for the County and participating agencies. The program is funded through contributions from the agencies, which are based upon an annual actuarial analysis of their exposures and outstanding and projected future claims. The program provides accurate and timely insurance and risk management advice to County Departments and participating agencies and reduces County and participating agency exposure to risk by: comparing the cost of commercially available coverage to evaluate the best method of funding exposure to loss; transferring contractual risk under indemnification/hold harmless agreements; avoiding risk; and purchasing commercial insurance policies.

Program Performance MeasuresActual
FY15
Actual
FY16
Estimated
FY17
Target
FY18
Target
FY19
Number of contract review actions to ensure adequate insurance coverage and compliance 111,61310,90510,00010,00010,000
Workers Compensation - Cost per $100 of payroll3.363.223.173.223.36
Workers Compensation - Number of Montgomery County Government cases resulting in lost work time543524555588623
1  Measurement of contract review actions consists of: Mandatory Insurance Requirements issued; Certificates of Insurance approved; and email responses requesting clarification, corrections or additional information. Contracts include Amendments, RFPs, IFBs, Leases, Right-of-Entry Agreements, MOUs, License Agreements, Bridge Contracts, DPOs, Business Associate.

  Occupational Safety and Health

This program operates a pro-active safety program and coordinates reporting to Federal and State regulatory agencies on health and safety issues. The State-required injury reports and the mandated safety training and record keeping are completed by the section of Risk Management on schedule. The program responds promptly to inspections and queries from the Maryland Occupational Safety and Health Administration. Accident prevention programs are conducted, and training is provided continuously in loss prevention and loss control is provided continuously to promote a safe and healthy work environment for County employees. The program also employs computer-based training.

Program Performance MeasuresActual
FY15
Actual
FY16
Estimated
FY17
Target
FY18
Target
FY19
Training classes conducted by Safety and Health Specialists1551,3501,5001,6501,800

  Legal Services

This program funds activities of the Office of the County Attorney, which provides legal services including investigation, negotiation, and litigation on behalf of the County and agencies that participate in the Self-Insurance Program.

  Operations and Administration

This program includes operational support for the Department as well as the administrative portions of the Director's Office, the Division of the Controller, the Treasury Division, and the Division of Risk Management. The program provides support for efficient, effective, and timely accomplishment of the Department's mission, including budget development and oversight, personnel administration, strategic planning, and contract administration. The program provides high quality consulting services for County agencies, managers, staff, elected officials, and residents.

Budget Summary
TitleActual
FY16
Budget
FY17
Estimate
FY17
Approved
FY18
%Chg
Bud/App
COUNTY GENERAL FUND
EXPENDITURES
Salaries and Wages8123384.008945564.00 7711299.00 9527125.006.5
Employee Benefits2855928.002543561.00 2870794.00 2604361.002.4
County General Fund Personnel Costs10979312.0011489125.00 10582093.00 12131486.005.6
Operating Expenses2560022.002576694.00 3395325.00 2314610.00-10.2
County General Fund Expenditures13539334.0014065819.00 13977418.00 14446096.002.7
PERSONNEL
Full-Time106.00111.00 111.00 121.009.0
Part-Time0.000.00 0.00 0.000.0
FTEs95.8191.65 91.65 93.902.5
REVENUES
Miscellaneous Revenues445213.00475000.00 450000.00 450000.00-5.3
Other Charges/Fees280423.00317490.00 366240.00 367220.0015.7
Other Fines/Forfeitures19657.0010000.00 10000.00 10000.000.0
Other Intergovernmental170579.00238420.00 238420.00 373810.0056.8
County General Fund Revenues915872.001040910.00 1064660.00 1201030.0015.4
 
SELF INSURANCE INTERNAL SERVICE FUND
EXPENDITURES
Salaries and Wages3118963.003395696.00 3408148.00 3586713.005.6
Employee Benefits994557.00995580.00 1007113.00 1074732.008.0
Self Insurance Internal Service Fund Personnel Costs4113520.004391276.00 4415261.00 4661445.006.2
Operating Expenses54364915.0059300190.00 60928377.00 62294172.005.1
Self Insurance Internal Service Fund Expenditures58478435.0063691466.00 65343638.00 66955617.005.1
PERSONNEL
Full-Time10.0010.00 10.00 11.0010.0
Part-Time0.000.00 0.00 0.000.0
FTEs30.1230.12 30.12 31.123.3
REVENUES
Investment Income463826.00623210.00 623210.00 623210.000.0
Miscellaneous Revenues861147.000.00 0.00 0.000.0
Self Insurance Revenues65334302.0063301393.00 63301393.00 67554102.006.7
Self Insurance Internal Service Fund Revenues66659275.0063924603.00 63924603.00 68177312.006.7
 
DEPARTMENT TOTALS
Total Expenditures72017769.0077757285.00 79321056.00 81401713.004.7
Total Full-Time Positions116.00121.00 121.00 132.009.1
Total Part-Time Positions0.000.00 0.00 0.000.0
Total FTEs125.93121.77 121.77 125.022.7
Total Revenues67575147.0064965513.00 64989263.00 69378342.006.8
FY18 Approved Changes
TitleExpendituresFTEs
COUNTY GENERAL FUND
FY17 ORIGINAL APPROPRIATION1406581991.65
Changes (with service impacts)
Add: Contractor IT Resources [Information Technology]1000000.00
Add: Payroll Reorganization1000002.00
Other Adjustments (with no service impacts)
Increase Cost: FY18 Compensation Adjustment2598890.00
Increase Cost: Annualization of FY17 Personnel Costs97897-0.25
Increase Cost: Property Tax Billing IT Application - Maintenance [Information Technology]726600.00
Increase Cost: Annualization of FY17 Compensation Increases589340.00
Increase Cost: DLC Chargeback for Accounts Receivable Shared Services [Accounts Receivable]581800.50
Increase Cost: Kronos Annual Maintenance and Support [Operations and Administration]244000.00
Increase Cost: Billing and Collection Services - Parking Districts [Treasury Operations]200660.00
Increase Cost: Retirement Adjustment100630.00
Increase Cost: Annual PCI and ACH Industry Compliance [Information Technology]55500.00
Decrease Cost: Printing and Mail-53620.00
Shift: EMSI Annual Subscription from Finance to the Montgomery County Economic Development Corporation (MCEDC) [Fiscal Management]-120000.00
Shift: Bethesda Green Contract to the Montgomery County Economic Development Corporation (MCEDC) [Fiscal Management]-250000.00
Shift: Funding for Small Business Development to NDA-MEDCO [Fiscal Management]-300000.00
Shift: Rockville Economic Development Inc. (Maryland Women's Center) Contracts to the Montgomery County Economic Development Corporation (MCEDC) [Fiscal Management]-400000.00
Decrease Cost: Contractual Resources for Indirect Cost Analysis and Services [Operations and Administration]-400000.00
Decrease Cost: Maker Programming and Grants [Fiscal Management]-500000.00
Shift: Funding for Maker Programming and Grants to Department of Recreation [Fiscal Management]-1000000.00
Shift: Funding for Latino Economic Development Corporation to NDA-MEDCO [Fiscal Management]-1250000.00
FY18 APPROVED1444609693.90
 
SELF INSURANCE INTERNAL SERVICE FUND
FY17 ORIGINAL APPROPRIATION6369146630.12
Other Adjustments (with no service impacts)
Increase Cost: Claims Expense [Insurance]25289910.00
Increase Cost: Claims Service Contract Administrative Costs [Insurance]2189300.00
Increase Cost: Safety Contractor/Data Analyst [Occupational Safety and Health]1200000.00
Increase Cost: Insurance Analyst [Insurance]1151701.00
Increase Cost: FY18 Compensation Adjustment933960.00
Increase Cost: Commercially Purchased Property and Casualty Insurance [Insurance]500000.00
Increase Cost: Professional Services - Claims Audit Contract [Insurance]400000.00
Increase Cost: Safety Equipment Maintenance and Replacement [Occupational Safety and Health]400000.00
Increase Cost: Annualization of FY17 Personnel Costs356690.00
Increase Cost: Retirement Adjustment153910.00
Increase Cost: Annualization of FY17 Compensation Increases105430.00
Decrease Cost: Printing and Mail [Operations and Administration]-4830.00
Decrease Cost: Retiree Health Insurance Pre-Funding [Operations and Administration]-13200.00
Decrease Cost: Motor Pool Adjustment [Occupational Safety and Health]-21360.00
FY18 APPROVED6695561731.12
Program Summary
Program NameFY17 APPR
Expenditures
FY17 APPR
FTEs
FY18 APPR
Expenditures
FY18 APPR
FTEs
Fiscal Management208490710.00189030911.00
Information Technology9575462.0013782543.00
Accounts Payable102865210.008100117.75
Accounts Receivable6552406.006454385.50
General Accounting176637314.65201021416.65
Grants Accounting5997165.006371645.00
Payroll11410219.00120942910.00
Tax Operations173318418.10194540518.10
Treasury Operations4358704.904476684.90
Insurance593702713.00622721404.00
Occupational Safety and Health6105293.007999483.00
Legal Services291047219.75286561519.75
Operations and Administration446350416.37449011816.37
Total77757285121.7781401713125.02
Charges to Other Departments
Charged DepartmentCharged FundFY17
Total$
FY17
FTES
FY18
Total$
FY18
FTES
COUNTY GENERAL FUND
Human ResourcesEmployee Health Self Insurance1223200.751220000.75
Human ResourcesRetiree Health Benefits Trust Fund431800.25421600.25
General ServicesCentral Duplicating (Printing & Mail)63200.0565700.05
TransportationLeaf Vacuuming2145710.432165420.43
Parking District ServicesBethesda Parking400430.24316400.24
Parking District ServicesSilver Spring Parking435220.27362300.27
Parking District ServicesMontgomery Hills Parking2670.0000.00
Parking District ServicesWheaton Parking137440.09123900.09
Community Use of Public FacilitiesCommunity Use of Public Facilities489200.37510100.37
RecreationRecreation420100.33442700.33
Permitting ServicesPermitting Services114700.10122100.10
Environmental ProtectionWater Quality Protection8653886.008536946.00
Solid Waste ServicesSolid Waste Disposal5150594.385219554.38
Solid Waste ServicesSolid Waste Collection2371780.642394560.64
Liquor ControlLiquor3159902.5010039269.00
CIPCapital Fund1534001.001452931.00
Non-Departmental AccountsEmployees Retirement Savings Plan (RSP)120900.07141640.10
Non-Departmental AccountsRetirement Fund (ERS)639000.37789380.54
Non-Departmental AccountsRetiree Health Benefits Trust Fund00.0023640.02
Non-Departmental AccountsBIT 457 Deferred Comp. Plan51800.0374240.06
Non-Departmental AccountsRSP-Disability Benefits (LTD2)276300.16269800.16
NDA - Conference CenterGeneral Fund1290791.001295741.00
Economic Development FundEconomic Development Fund1141781.001438331.00
Total302543920.03374262326.78
Future Fiscal Impacts ($000s)
TitleFY18FY19FY20FY21FY22FY23
COUNTY GENERAL FUND
EXPENDITURES
FY18 Approved14446.00000014446.00000014446.00000014446.00000014446.00000014446.000000
No inflation or compensation change is included in outyear projections.
Contractual Resources for Indirect Cost Analysis and Services0.00000040.0000000.00000040.0000000.00000040.000000
Indirect Cost Analysis through contract.
Kronos Annual Maintenance and Support0.0000007.00000024.00000041.00000060.00000078.000000
Kronos annual maintenance and support is a contractual obligation with a 3% cap increase per year based on the current contract, expiring December 31, 2018.
Labor Contracts0.00000067.00000067.00000067.00000067.00000067.000000
These figures represent the estimated annualized cost of general wage adjustments, service increments, and other negotiated items.
Subtotal Expenditures14446.00000014560.00000014537.00000014594.00000014573.00000014631.000000
 
SELF INSURANCE INTERNAL SERVICE FUND
EXPENDITURES
FY18 Approved66956.00000066956.00000066956.00000066956.00000066956.00000066956.000000
No inflation or compensation change is included in outyear projections.
Professional Services - Claims Audit Contract0.000000-40.0000000.000000-40.0000000.000000-40.000000
The Claims Audit is conducted every other year and is needed in even years.
Retiree Health Insurance Pre-funding0.0000000.0000001.0000001.0000001.0000001.000000
Labor Contracts0.00000033.00000033.00000033.00000033.00000033.000000
These figures represent the estimated annualized cost of general wage adjustments, service increments, and other negotiated items.
Subtotal Expenditures66956.00000066949.00000066990.00000066950.00000066990.00000066950.000000