Auditor Frank J.

Gliha
Chief Fiscal Officer of Geauga County

Economic State of Geauga County and More

2011

What is so good about Geauga County?

Moodys Rating
MIG 1 rating for the Safety Center Aa1 rating for General Obligation
2009 1 Bid received for the 3 million notes our net interest rate was 1.4432, we paid back $44,296 interest. 2010 8 Bids received for the 2.5 million notes our net interest was 0.739, we paid back $18,475 interest. 2011 7 Bids received for the 2 million note our new net interest rate is 0.644, we will pay back $12,884 interest.

Frank J. Gliha, Geauga County Auditor

What is so good about Geauga County?

Holding Strong on HealthCare Costs Working not to Reduce Workforce Second healthiest County in Ohio for 2 years in a row Sales Tax
18 out of 22 months collections have been solid

Frank J. Gliha, Geauga County Auditor

General Fund vs. All Funds

4.57%

.51%

Board of Health G / T solid waste Del Tax Fee Motor Vehicle lic GO bond retirement Co sewer improve Metz fund Service fund Trans operating

Total Budget $95,987,076.01

Frank J. Gliha, Geauga County Auditor

General Fund up 11.95% for 2012

Carryover Balance

5,500,000
Carryover Balance

5,000,000

$4,725,138
$4,449,889

Average

4,500,000 4,000,000 3,500,000

3,000,000

$4,229,176

$3,897,358 $3,824,895 $3,457,888 $3,679,626

$3,777,903

2,500,000 2,000,000 1,500,000

1,000,000

$2,382,180

500,000 0 2005 2006 2007 2008 2009 2010 2011 2012

Frank J. Gliha, Geauga County Auditor

General Fund Analysis

Year End Revenue over Expenses 1.59%

Frank J. Gliha, Geauga County Auditor

Expenditures & Revenues

General Fund Analysis

Year End Revenue over Expenses 1.59% Frank J. Gliha, Geauga County Auditor

General Fund Revenue Analysis

Frank J. Gliha, Geauga County Auditor

$798,514

February Revenue Comparison

2008 2009 2010 2011 2012 $3,714,281 $2,862,431 $2,622,221 $2,844,870 $2,942,938
20.77% 2.81% 3.44%

Percent of Decrease from 2008 Percent of Increase from 2009 Up from last year
Revenue through February used for comparison Frank J. Gliha, Geauga County Auditor

General Fund Expenditures

$68,274 Frank J. Gliha, Geauga County Auditor

February Expenses Comparison

2008 2009 2010 2011 2012 $5,313,535 $5,126,802 $4,358,353 $4,040,407 $3,625,354
31.77% 29.28% 10.27%

Percent of Decrease from 2008 Percent of Decrease from 2009 Down from last year
Expenses through February used for comparison Frank J. Gliha, Geauga County Auditor

New Normal
$26,500,000 Revenue $26,000,000 $25,745,248 $25,500,000 $25,368,695 Difference .68% $25,757,366 Expenses $26,167,209 Difference 1.59%

$25,195,539
$25,000,000

$24,500,000

$24,474,709

$24,000,000

$23,500,000 2009 2010 2011

Frank J. Gliha, Geauga County Auditor

Sales Tax Revenue

Frank J. Gliha, Geauga County Auditor

$628,744

March Sales Tax Comparison

2008 2009 2010 2011 2012 $3,084,419.25 $2,848,575.53 $2,742,905.35 $2,827,805.51 $3,056,432.85
.91% 7.29% 8.08%

Percent of Decrease from 2008 Percent of Increase from 2009 Up from last year
Revenue through March used for comparison Frank J. Gliha, Geauga County Auditor

2011 down 32.04%

Current Interest Rate - .06% Star Ohio & HNB, .48% First National Bank
As of 3/31/2012

Frank J. Gliha, Geauga County Auditor

Local Government Fund

2012 Estimated from ODOT Frank J. Gliha, Geauga County Auditor

Inmate Housing

Already up 109% over 2011

Frank J. Gliha, Geauga County Auditor

Unemployment Comparison

Frank J. Gliha, Geauga County Auditor

Geauga Unemployment

Frank J. Gliha, Geauga County Auditor

Past Unemployment

Frank J. Gliha, Geauga County Auditor

Surrounding Counties

Frank J. Gliha, Geauga County Auditor

Percentage of Population

Frank J. Gliha, Geauga County Auditor

2010 Census figures

Reduction in Workforce at a Cost

from 99 weeks to 63 weeks 26 weeks of initial benefits Tier 1 Tier 2 Tier 3 20 weeks reduced to 14 weeks Sept Dec 2012 14 weeks 13 weeks reduced to 9 weeks Sept Dec 2012 6 weeks eliminated April 8 Aug 2012

Tier 4

20 weeks of State Extended Benefits expired April 7, 2012

Frank J. Gliha, Geauga County Auditor

Property Transfers up 9.12%

Frank J. Gliha, Geauga County Auditor

New Construction
Market value
2007 $ added $152,789,400 2008 $ added $106,958,300

2009 $ added $83,469,700

2010 $ added $102,024,700 ($63,801,800 Judson)
38 million

2011 $ added $44,876,900

Frank J. Gliha, Geauga County Auditor

New Home Built in Geauga

2011 Geauga County Appraisal Department

Frank J. Gliha, Geauga County Auditor

2011 New Foreclosures

Frank J. Gliha, Geauga County Auditor

Foreclosure % of Population

Frank J. Gliha, Geauga County Auditor

Board of Revision
2009 2010 2011 2012 387 BOR Cases 384 BOR Cases 571 BOR Cases 79% residents helped 80% residents helped 81% residents helped

450 BOR Cases filed 2011 Reappraisal 1,633 Informal Hearings 2011 Total 2,204 Hearings

Frank J. Gliha, Geauga County Auditor

Property Taxes

Frank J. Gliha, Geauga County Auditor

Property Taxes Revenue

Frank J. Gliha, Geauga County Auditor

Reappraisal Year Childrens Services Replacement Levy

Local Government Money

Will some State funding continue? At what percentage?
Estate Taxed no longer collected 1/1/2013
Frank J. Gliha, Geauga County Auditor

Whos in line for Casino Money?

Frank J. Gliha, Geauga County Auditor

Whats New in 2012

New World
Successful December 31, 2011 Conversion New World Systems went live 1/1/2012 HR and FM Ongoing Countywide Training Restructuring HelpDesk to be more efficient

Frank J. Gliha, Geauga County Auditor

Whats New in 2012 contd

Acquisition and Implementation of Transit Server Implemented High Speed Connectivity DSL Technology for Park District Primary connectivity

2010 New Pictometry Load

Frank J. Gliha, Geauga County Auditor

Whats New in 2012 contd

Successful Technical/Security for LEADs and Auditor of State Implementation of Municipal Court ePayment System Update of the Activity tracking System for DES (StormChaser) successful participate in Nuclear Power Plant Preparedness drill
Frank J. Gliha, Geauga County Auditor

Geauga County
The County is still Strong, our Budgets are basically the same as last year. Officials need to continue to be conservative and watch their spending. The Treasurer has stated that the County from collections for 2011 are very strong & county is doing well. Asking local Businesses how they are doing and the answer is things appear better than last year. New Housing Development is still occurring in Geauga and on the rise.
Frank J. Gliha, Geauga County Auditor

Before you complain about how dark the tunnel is; Remember it is a short cut through the Mountain
Author Unknown

Frank J. Gliha, Geauga County Auditor

The End

Questions????

Frank J. Gliha, Geauga County Auditor