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