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12 <br />1 Five Year History of Actual Expenditures and Revenues <br />2 Budget Context — Year End Results History <br />3 Property Tax <br />4 No rate adjustment; 1.5% Growth in New Assessed Value <br />5 $2.2 million projected increase <br />6 Sales Tax <br />7 6.5% Growth Above FY2017 -18 Budget <br />8 $1.6 million projected increase <br />9 Charges for Services <br />10 Historic growth of 4% <br />11 $300,000 projected increase <br />12 Intergovernmental Revenue <br />13 Historic Growth of 1.8% <br />14 $320,000 projected increase <br />15 Grant /Intergovernmental Losses <br />16 Soil and Water Conservation positions in DEAPR <br />17 CARES Grant in Department on Aging <br />18 FY2018 -19 Revenue Projections <br />19 Personnel Costs <br />20 Employee Salary and Wages <br />21 Across the Board Wage Adjustment — Each 1 % Increase is $550,000 <br />22 Living Wage Funding - $15 per hour regular employees - $20,000 to annualize <br />23 Compression Adjustment - $250,000 consistent with FY2017 -18 <br />24 Employee Benefits <br />25 Health Insurance — projected 7.5% increase $875,000 <br />26 Dental Insurance — projected 2% increase $6,200 <br />27 Education Funding Targets <br />28 Current Expense Funding Level Options <br />29 48.1 % of General Fund Revenues — target achieved with new debt funded <br />30 Class Size Ratio Reduction in K -3 - $900,000 in OCS; CHCCS has waiver until <br />31 2020 <br />32 Continuation Budgets - $7 million based on FY2017 -18 cost to continue and <br />33 mandate requests including class size reduction in OCS <br />34 Health and Safety Contracts — 2% increase $67,000 <br />35 FY2018 -19 Expenditure Projections <br />36 Outside Agency Funding Target <br />37 1.2% of County Expenditures (Excluding Education) <br />38 $20,000 projected increase <br />39 Debt Service <br />