Fire%20District%2040%20Funding%20

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Fire District 40Funding Services 2010

• Public Meeting
• October 20, 2009

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Topics

• Revenues
• Expenses
• Contract Services

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Revenues

• Where does the money come from?
• Property taxes
• Benefit Charge
• Other Sources (i.e. contracts)

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Property Taxes

• Maximum tax rate of 1.00 per 1000 in assess
  valuation (per RCW 52.18)
• In 2009, based upon Fire District A/V, this
  meant 2,614,432 in property tax revenue
• 2010 preliminary estimates project tax revenues
  at 2,194,233 ( 420,199 less than 2009)

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Benefit Charge

• Funding method since 1990
• Only available to Fire Districts Fire
  Authorities
• Limits property tax rate to 1.00/ 1,000
• Cannot exceed 60 of operational budget
• Annually set locally by Fire Commissioners

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Benefit Charge
YEAR Benefit Charge Amount of Operational Budget
2002 1,648,109 41.9
2003 2,114,393 51.8
2004 1,955,554 43.4
2005 2,254,105 43.8
2006 2,585,885 46.2
2007 2,379,618 39.5
2008 2,630,340 41.4
2009 1,234,764 24.6
8 year average 41.6
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Revenue Summary
2009 2010 estimates
All sources (less Benefit Charge) 4,034,204 3,964,133
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Expenses

• Operational Budget
• Service contract with City of Renton
• Fire District expenses
• Reserve Funding (equipment replacement LEOFF 1
  liabilities, general reserves)
• Bond Payments

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Expenses
2009 2010 estimates
Operational Budget 5,020,443 4,663,850
Reserve Funding 0 0
Bond Payments 948,525 979,000

Total Expenses 5,968,968 5,642,850
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Revenue RequirementsCalculation
2009 2010
Total Revenue Requirements 5,968,968 5,642,850
Less Revenue from Property Taxes and Misc. Sources ( 4,034,204) ( 3,964,133)
Remaining Revenue Requirements 1,934,764 1,678,717
Remaining Revenue Requirements Funded by Reserves 700,000 0
Remaining Revenue Requirements Funded by Benefit Charge 1,234,764 1,678,717
Benefit Charge of Operating Budget 25 36
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Summary of Taxpayer Support for Operations
2009 2010 estimates
Property Taxes 2,614,432 2,194,233
Fire Benefit Charge 1,234,764 1,678,717

Total funding contributed by Fire District 40 citizens 3,849,196 3,872,950
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Services

• Contract with Renton
• Emergency response
• Overhead OT, admin, training, maintenance..
• Support services

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Service Contract with City of Renton

• Contract costs based upon operating one fire
  station with one 4-person engine company and one
  2-person aid car, plus ½ cost of a BC/SO position
  24 hours a day 7 days a week 365 days a year

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Emergency Response Personnel

• Each 24 hour-a-day position (emergency response)
  is based upon funding for 4.3 FTE (full time
  employee)
• 6.5 positions funding for 28 FTE
• 2010 estimate average cost (wage/benefit) for one
  Firefighter 117,620
• 2010 estimate cost for 1 FF position 4.3 X
  117,620 505,766

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Position Cost

• Based upon a 2450 square foot house and 2009
  Benefit Charge apportionment, the estimated cost
  savings to the homeowner for a
  505,766 reduction in the Benefit Charge (the
  cost of 1 firefighter position 4.3 FTEs) would
  be approximately 64.00 for the year.

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Other Contract Costs

• Overhead costs
• Includes vehicle and facility maintenance
• Support Services
• Clerical
• Inspection
• Community Communications