The County's most flexible funding source is the General Fund = 36% of the budget
Taxes (Property, Business, Motor Vehicle) account for 70% of the General Fund.
The funding streams supporting the General Fund aren't very diverse, making them susceptible to economic shifts. Consequently, when there is an economic downturn, the community relies on the County for more services.
Historically, ~50% of the County's General Fund has funded Public Safety. In the past few years, the County has shifted spending to Health & Human Services.
Inversely, Health & Human Services receives over 85% of the Fed/State funding.
The Budget Process
Phase 1: Budget Preparation
Phase 2: Departments Prepare Budgets
Phase 3: Chair Releases the Proposed Budget
Phase 4-5: Worksessions & Budget Adoption
Budget Issues, Risks, and Unknowns
Measure 97 State Corporate Tax
Measure 26-179 - Bonds to fund affordable housing
New City Administration, 3 New County Commissioners
A Home For Everyone's Budget Recommendations
Introduction to the Budget Process
Staff finalize FY 2016 Outcomes and update projections
Executive Committee briefing and recommendations for FY 2018
1st meeting of the PBAC (Policy & Budget Advisory Committee)
Coordinating Board briefed on FY 2016 Outcomes, Executive Committee Recommendations, and Equity Strategy
Subcommittees meet to develop FY 2018 recommendations
Coordinating Board presentation of subcommittee recommendations
Coordinating Board members review and rank recommendations
Executive Committee presented with preliminary recommendations
Coordinating Board approves final budget recommendations