FY06 Partnership Agreement

1
FY06 Partnership Agreement

• ISU support _at_3.4 million
• Transition year
• County payment based on FY05 Cost Share
• 5 categories based on county valuations
• Category 1 3,622 Category 4
  9,622
• Category 2 5,622 Category 5
  11,622
• Category 3 7,622

2
FY06 Partnership Agreement

• Assigned increase to categoryi.e. lowest county
  valuation lowest increase highest county
  valuation highest increase
• Average increase 27.35
• 41 counties less than average
• 59 counties more than average

3
FY06 Partnership Agreement Formula

• FY05 Cost Share (County Payment)
• Category 1 or 2 or 3 or 4
  or 5
• 3,622 5,622 7,622
  9,622 11,622
• FY06 Partnership Agreement (County Payment)

4
FY06 Partnership Agreement Example

• County Co Valuation
• Jan 1 03
• Emmet 336,293,793
• Jefferson 455,748,968
• Hamilton 621,145,481
• Delaware 734,878,986
• W Pott 2,406,247,279

• Category Change
• 3,622 12.93
• 5,622 20.25
• 7,622 28.76
• 9,622 34.65
• 11,622 31.28

5
FY07 Partnership Agreement Formula

• Max Tax Computation 85
• Revenue Generation Credit 10
• Field Specialist(s) Credit 5
  
• FY07 Partnership Agreement (County Payment)

6
Cost Share vs. Partnership

• FY05
• Based on 1992 permanent county tax rate
• (i.e., under 30,000 population, 75,000)

• FY07 and FY08
• Based on current maximum county tax rate
• (i.e., under 30,000 population, 171,000 for
  FY07)

7
Cost Share vs. Partnership

• FY05
• Special credit for 16 low valuation counties

• FY07 and FY08
• Increase capped at 35
• Maximum county will pay is 75,000 per year

8
Cost Share vs. Partnership

• FY05
• Field specialist credit
• 500 for first
• 2,000 for second
• 2,750 for each specialist above two

• FY07 FY08
• Field specialist credit
• 500 for first
• 2,000 for second
• 2,750 for each specialist above two

9
Cost Share vs. Partnership

• FY05
• Sharing CEED position
• Two counties receive credit worth 2/3 of average
  salary and benefit savings
• ISU receives 1/3

• FY07 and FY08
• Sharing CEED position
• Two counties receive full credit for the average
  salary and benefits of CEED
• ISU receives zero

10
Cost Share vs. Partnership

• FY05
• No credit for Extension Council revenue generation

• FY07 and FY08
• Credit (10) for Extension Council revenue
  generation

11
Estimated FY07 Partnership Agreement

• Assumptions
• 3 average increase for ISU Ext salary/benefits
• County property valuations, revenue generation,
  field specialists housed same as FY05
• Formula for distribution of 3.4 million
• Revenue Generation credit (10)
• Credit for housing field specialists (5)
• Maximum tax levy (85)
• Extension Council max payment (75,000)
• 5 counties at maximum increase (35)
• 39 counties decreased from FY06

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Estimated FY07 Partnership AgreementMax Tax
Computation (85)

• FY06 Max Tax ISU
  County
• County Allowed by Law Funding
  Funding
• Emmet 100,888 40,386
  19,248
• Jefferson 136,725 33,549 26,085
• Hamilton 165,000 28,154 31,480
• Delaware 165,000 28,154 31,480
• W Pott 239,500 13,940 45,694
• assumes Referendum passed

13
Estimated FY07 Partnership AgreementCredit for
Grants and User Fees (10)

• Total
  UF/Grants
• Total User Fee/Grant
  County
• County Expenses Expenses
  of Exp Credit
• Emmet 124,005 14,164
  11.42 1,438
• Jefferson 159,357 50,263
  31.54 3,973
• Hamilton 142,095 15,817
  11.13 1,402
• Delaware 338,308 198,070 58.55
  7.375
• W Pott 292,036 159,129 54.49
  6,863
• (Expenses from FY03 Annual County Financial
  Report)

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Field Specialist Housing Credit (5)
Credit for first field specialist Credit for first field specialist 500
Credit for second field specialist Credit for second field specialist 2,000
Credit for third or more field specialist Credit for third or more field specialist 2,750
   

COUNTY Field Specialist in County Field Specialist Housing Credit
   
Emmet 0.50 250
Jefferson 1.00 500
Hamilton 1.63 1,760
Delaware 1.00 500
W Pott 3.00 5,250
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FY07 Final Computation - County A

• Max Tax 27,800
• Grants/User Fee Credit 1,400
• Field Specialist Credit 2,500
• FY06 ISU support with new formula 31,700
• FY06 County support with new formula 37,798
• FY06 CEED salary/benefits 69,498
• FY07 ISU support _at_ 3 adj. for max 32,651
• FY07 County support _at_ 3 adj. for max 38,932

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FY06 Partnership Agreement Counties Sharing a
CEED Example
ISU support to Johnson County ISU support to Johnson County 10,441 10,441
ISU support to Washington County ISU support to Washington County 31,857 31,857
Total ISU support for 2 counties Total ISU support for 2 counties 42,298 42,298
Total to be paid by 2 counties Total to be paid by 2 counties 27,197 27,197
Cost of CEED in FY06 Cost of CEED in FY06 69,495 69,495
County Payments for County Payments for County Payments adjusted to County Payments adjusted to
2 Full-time CEEDs 2 Full-time CEEDs 27,197 27,197

Johnson County 59,054 59,054 61.07 61.07 16,609 16,609
Washington County 37,638 37,638 38.93 38.93 10,588 10,588
Total 96,692 96,692 100.00 100.00 27,197 27,197

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FY06 Partnership Agreement Counties Sharing a
CEED Example
ISU support to Lucas County ISU support to Lucas County 52,575 52,575
ISU support to Wayne County ISU support to Wayne County 54,853 54,853
Total ISU support for 2 counties Total ISU support for 2 counties 107,428 107,428
Total to be paid by 2 counties Total to be paid by 2 counties (37,933) (37,933)
Cost of CEED in FY06 Cost of CEED in FY06 69,495 69,495
County Payments for County Payments for County Payments adjusted to County Payments adjusted to
2 Full-time CEEDs 2 Full-time CEEDs (37,933) (37,933)

Lucas County 16,920 16,920 53.61 53.61 (20,336) (20,336)
Wayne County 14,642 14,642 46.39 46.39 (17,597) (17,597)
Total 31,562 31,562 100.00 100.00 (37,933) (37,933)