Peoria Standard

Peoria County Budget Subcommittee met January 24.

Here is the minutes provided by the Subcommittee:

Members Present: James Fennell - Chairman; James Dillon - Vice Chairman; Robert Baietto, Allen Mayer, Stephen Morris, Rachael Parker, Michael Phelan, Andrew Rand, Phillip Salzer, Sharon Williams

Members Absent: Thomas O'Neill, Steven Rieker, Paul Rosenbohm

Others Present: Scott Sorrel - County Administrator; Mark Rothert, Shauna Musselman - Assistant County Administrators; Jennifer Morris - State's Attorney's Office; Eric Dubrowski - Chief Financial Officer; Brad Harding, William Watkins, Jr. - County Board Members; Nicole Demetreas - Treasurer's Office; Elizabeth Derry, George McKenna - Regional Office of Education; Doug Gaa - Sheriff's Office

Call to Order:

Chairman Fennell called the meeting to order at 3:00 p.m.

Approval of Minutes:

A motion to approve the minutes of January 4, 2017 was made by Mr. Baietto and seconded by Mr. Salzer. The motion carried.

Informational Items/Reports/Other Minutes/Updates: 

Monthly Financial Report: 

Mr. Dubrowski summarized Financial Data through October 31, 2016 and State Shared Revenue information through January 9, 2017: 

• In the General Fund, Revenues are down slightly as compared to the previous year. Property Taxes are up due to a shift in tax rate. A decrease in Charges for Services is due in part to actual decline and a change in the procedure for revenue stamps. 

• In All Funds, revenues are showing a decline, with expenditures currently exceeding revenues by $310,000.00. Property Taxes and Intergovernmental Revenue are up; Charges for Services are down. In expenditures, an increase in Capital is seen over last year, and Commodities and Contractuals overall were down. 

• Local Sales Tax is down 5.5% in aggregate over last year. 

• Local Use Sales Tax is showing growth of 8.6% over last year, attributed to on-line sales. 

• Income Tax is down 11% from last year. 

• All payments have been received for CPPRT for the fiscal year. CPPRT is under budget by $482,000; however, this figure is prior to final adjustments.

Heddington Oaks:

• Net operating income is down $820,000.00. 

• The change in net position through October shows a decrease of $750,000.00. 

• Fund balance stands at $8.06 million as of the end of October; unrestricted net position is at $6.03 million. 

• Census as of December was 159, with 86 Medicaid, 32 Private Pay, 30 Private Pay (Public Aid Pending) and 11 Medicare. 

• Aging Analysis: Nearly $3 million is over 120 days due as of December 31, 2016. Private Pay balance over 120 days stands at $672,000.00.

Mr. Phelan requested a report on the overall financial impact to Peoria County revenue streams related to property tax and sales tax on major retailers.

FY 2017 Budget Update:

Mr. Dubrowski noted that the adopted FY 2017 budget came to $131,624,486.00, with a General Fund budget of $41,256,199.00. He indicated an issue in the County Administration budget wherein personnel cuts in the department were incorrectly based on a 12 month pro rata as opposed to a nine month pro rata. An adjustment of $32,440.00 to reflect the correct intent and consistency with other departmental reductions would result in a total budget appropriation of $131,656,926.00 and a General Fund budget of $41,288,639.00. He stated that a resolution requesting the appropriation would be brought forward for action at the February committee. 

Mr. Sorrel advised that ten employees have accepted the VRI to date, seven of which are in the General Fund. He also noted that the Human Resources Department has at least eleven employee meetings regarding the VRI scheduled for this week. 

Adjournment:

The meeting was adjourned by Chairman Fennell at 3:35 p.m.

http://www.peoriacounty.org/download?path=%2Fcountyboard%2FCommittee_Agenda_and_Minutes%2F2017%2FMarch%2F28+-+Budget+Subcommittee%2FBudget+Subcommittee+Agenda+3_28_17.pdf