2016 Budget
October 19, 2015
2016 Budget Parameters
•County Commissioners request that the UCBDD maintain the sameannual budget.
•The amount in reserve will be the variance between annual budgets.
•Goal is to remain flat between annual budgets (maintain same level ofbudgeted reserves).
–This takes into account scheduled salary increases inflation and growth(transfers).
–Transfers are new expenditures that are based upon new businessrequirements, service needs, emergency waivers and growth to the program
•We also reviewed projected actual (2015) with the 2016 budget.
•Board Approval of the budget is required by December 1, 2015.
2015 Budget Performance – Operating Expenses
2016 Highlights:
•Operating Budget does not include Reserves and Transfers
•Budget = $10,382,508 – Projected Actual = $9,792,161 - 5.69% Under Budget for 2015
•Key line items under budget
•Salaries = $130K – Open positions
•Contract Services = $99K
•HR/Project Mgmt/Ops Dir = $43,000 Under
•Therapy = $74K Under
•Supplies, Equipment and Repairs -$57K Under
•Other Expenses = $194K
•TCM Match =$220K Under
2016 Total Budget
2015-16 Operating Budget Comparison
2015ProjectedActual
$9,792,161
2016 Operating Budget – Major Change Points
2015Budget
$10,382,508
Salaries
$292,447
2016
Budget
$11,094,052
Change Points
•Salaries – Increased by 8.21% ($292K)
•Budgeted at full staff
•Salary Increases = $94K
•Affect of a 27th pay in 2016 = $134K
•Contract Services – Increase by 6.9%($344,187)
•WestCon Requirement ($600K)
•Increase in Waiver Match -1.07% = $84K
•Increase in ServicesAuthorized = $516K
•Other Expenses by 11.08% ($70K)
•Special Olympics - $25K
•Printed Materials - $13K
•BCI Checks - $3K
Contract Services
$344,187
Other Expenses
$70,134
2016 Budget Highlights
•Operating Budget Increases by $711K – 6.85%
–Salaries have increased by $228K due to the following.
•2016 Budget has 27 pay periods – Increase of $134K to the budget. (abnormal occurrence)
•Annual Raises the budget by $94K.
•Fully staffed
–Health Insurance budgeted at 20% increase, we get our rates later thismonth, this increases our budget $87K.
–Increase Waiver Match payment to WestCon by $600K to $2.3M – 35.8%, thisis due to the following:
•Increase in the % of Waiver cost by UCBDD by 1.07% ($84K)
•Increase in Local match for authorized client services ($516K)
2015-16 Operating Budget Comparison
2016 Highlights:
•Salaries – Increased by 8.21% ($292K)
•Budgeted at full staff
•Salary Increases = $94K
•Affect of a 27th pay in 2016 = $134K
•Contract Services – Increase by 6.9% ($344,187)
•WestCon Requirement ($600K)
•Increase in Waiver Match - 1.07% =$84K
•Increase in Services Authorized =$516K
2016 Projected Revenue
$670K reduction inLocal tax revenuedue to TPPTelimination
Note:
•TPPT tax elimination has been discussed for the past decade, currentstate budget has eliminated the line item and placed $20M in the DoDDbudget for the department to disburse. The OACB proposal has UCBDDreceiving $220K in 2016 and $330K in 2017. In 2018 the expectation isthat there will be $0 received for replacement of TPPT.
•Local taxes are stated at the committed amount from the countyAuditor, this is typically at 90% of actual
Financial ProjectionsOctober 2015
Projections include the following assumptions:
•Demographic growth of approx. 1% per Year (2014-2022 = 27)
•Projected growth as of 12/31/13 (2014-2022 = 120) – transition from child to adult
•Inflation of 1.1% per Year (Changed 10/2015)
•Adding 1 Service Consultant every other year.
•Includes ageing caregiver – 1 per year
•Model includes new funding model for pre-school
•Uses the OACB Proposal of $220K in 2016 and $330K in 2017 for TPPTreplacement, should plan for $0 in 2018.
•Capital Investment in 2016 of $300,000 for expansion of HLC and SSA
•Starting numbers are budget for 2016 and year end from 2015
•Required Reserves = 40% of Operating Budget, due to q1 payment for MedicaidMatch to WestCon.
Summary:
•Model shows new tax money not required until 2019 -20 (on the ballot in 2019)
•This is just a projection tool that is based on current financial components and anumber of assumptions. Changes to any of these assumptions will impact themodel either positively or negatively.
•Revenue may be understated for 2016, by almost $800K, based upon 2015
•This model should be used as planning tool only.
