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12 <br /> <br /> <br /> <br /> 1 <br />General Government 2 <br />• Register of Deeds – page 327 3 <br />• Total expenditure budget - $1,093,958 4 <br />– Net County Costs Decreased by $347,063 5 <br />– Remains a Net General Fund Contributor - $1,163,755 6 <br />• Revenue Increase - $425,000 7 <br />– Excise Stamps and Register of Deeds Fees-chart 8 <br />– Recommended Increase Moderated from ROD Request by 5% 9 <br /> 10 <br />General Government 11 <br />• Tax Administration – page 361 12 <br /> Nancy Freeman was in attendance 13 <br />• Total expenditure budget - $3,895,052 14 <br />– Net County Cost Increase of $71,600 over FY2019-20 15 <br />• Collection Rates Decreased for FY2020-21 16 <br />– Real and Personal Property – (0.5%) 17 <br />– Motor Vehicles – (0.5%) 18 <br />• COVID-19 and the 2021 Revaluation 19 <br />– Field Work is Ongoing but Slightly Behind Schedule 20 <br />– Ongoing Review of Sales Data 21 <br />– Final Assessed Values Established in January 2021 22 <br /> 23 <br />Bonnie Hammersley referred to the Arts Commission, and said the revised budget is 24 <br />used as the base budget, and that is where the $13,000 came in. She said there was a drop in 25 <br />revenue from the revised budget to the recommended budget, which was about $8000. She 26 <br />said when revenues drop, there is an increase in the County’s costs. 27 <br /> 28 <br />Travis Myren resumed the PowerPoint presentation: 29 <br /> 30 <br />General Government 31 <br />• Sales Tax Collections 32 <br />– Projected COVID-19 Impact for Last Three Months of FY2019-20 – ($1.68 33 <br />million) 34 <br />– Projected 12 Month Collections for FY2020-21 Down 4.5% from FY2019-20 35 <br />Budget and 10% from Previous Projections 36 <br /> 37 <br />General Government 38 <br />• Tax Administration – Tax Base History (chart) 39 <br /> 40 <br />General Government 41 <br />• Assessed Home Value by Tax Jurisdiction (chart) 42 <br />– Based on 2018 Revaluation 43 <br />General Government 44 <br />• Tax Administration - Tax Rate History (chart) 45 <br /> 46 <br />General Government 47 <br />• Emergency Measures Used to Delay Tax Rate Increase (chart) 48 <br />• Many One Time or Unsustainable 49