COUNTY OF GREENE, OHIO
2017
ANNUAL INFORMATION STATEMENT
in connection with Bonds, Notes and Certificates of Indebtedness of the County
This Annual Informational Statement pertains to the operations of Greene County for the calendar year 2016 (where possible, 2017 data has been provided).
In addition to providing information on an annual basis, the County of Greene intends that this Statement will be used, together with information to be specifically provided by the County for that purpose, in connection with the original offering and issuance by the County of its bonds, notes and certificates of indebtedness.
Questions regarding information contained in this Annual Information Statement should be directed to David A. Graham, Greene County Auditor, Greene County Office Building, 69 Greene Street, Xenia, Ohio 45385.
The date of this Annual Information Statement is September 1, 2017. TABLE OF CONTENTS
Page INTRODUCTORY STATEMENT ...... 1 GREENE COUNTY, OHIO ...... 2 County Government...... 2 General Government...... 3 Administration of Justice System ...... 4 County-owned Utilities...... 4 Financial Management...... 4 Permissive Taxes ...... 5 Management of County Facilities...... 6 Personnel Administration...... 6 Employee Relations ...... 6 County Services and Responsibilities...... 7 Job and Family Services ...... 7 Health Services ...... 9 ECONOMIC INFORMATION ...... 10 General Description ...... 10 Business and Industry ...... 10 Transportation...... 12 Fire and Police Services...... 13 Utilities...... 13 Print and Broadcast Media...... 14 Health...... 14 Culture, Recreation and Education ...... 14 Population ...... 15 Employment...... 16 Income and Housing Data...... 19 Building Permits ...... 19 FINANCIAL MATTERS ...... 20 Introduction...... 20 BUDGETING, TAX LEVY AND APPROPRIATIONS PROCEDURES...... 20 Financial Reports, and Examinations of Accounts...... 21 Insurance...... 22 INVESTMENT POLICY OF THE COUNTY...... 22 AD VALOREM TAXES ...... 25 Assessed Valuation ...... 25 Changes to Assessed Valuation ...... 28 Statutory Procedure and the Levying of Ad Valorem Property Taxes ...... 30 Collection of Ad Valorem Property Taxes and Special Assessments ...... 32 Delinquency Procedures ...... 34 OTHER MAJOR COUNTY FUND REVENUE SOURCES ...... 36 Sales Tax...... 36 Changes to Ohio Sales Tax...... 37 Sales Tax on Medicaid Managed-Care Organizations...... 38 Historic Sales Tax Collections...... 39 Local Government Fund ...... 39 Federal Funds...... 40 Revenues From County Properties ...... 41 County General Fund...... 41 SECURITY AND SOURCES OF PAYMENT FOR COUNTY GENERAL OBLIGATION BONDS AND NOTES ...... 42 Ad Valorem Property Tax Security ...... 42 Sources of Payment...... 43 INVESTMENT CONSIDERATIONS ...... 43 General...... 43 Local Fiscal Emergency Legislation...... 44 Greater Greene-Little Miami Sewer District ...... 46 General...... 46 Management...... 46 Method of Accounting ...... 46 Employees and Payroll ...... 47 THE WATER SYSTEM...... 49 Description...... 49 Operations...... 50 Rate Covenant...... 50 Rates (User Charges, Tap-In Fees, and Other Charges) ...... 51 User Charges...... 51 Tap-In Fees ...... 52 Equalization Charge...... 52 Connection Charges...... 53 Other Expenses ...... 53 History...... 53 Comparable Water Rates ...... 54 Billing and Collection Procedures ...... 54 Historical and Projected Financial Data ...... 54 Greene County Sanitary Engineering Water Fund Five-Year 2012-2016 Overview...... 56 THE SEWER SYSTEM ...... 57 Description...... 57 Operations...... 60 Rate Covenant...... 60
ii Rates (Sanitary Sewerage and Sewage Treatment Facilities Charges)...... 61 Connection Charge...... 61 Equalization Charge...... 62 Other Expenses ...... 62 Service Rates...... 62 History...... 63 Comparable Sewer Rates ...... 64 Billing and Collection Procedures ...... 64 Historical and Projected Financial Data ...... 64 Greene County Sanitary Engineering Sewer Fund Five-Year 2012-2016 Overview...... 66 REQUIRED BOND ACCOUNT BALANCES...... 67 Water System...... 67 Sewer System...... 68 Future Major Capital Improvements for the District ...... 69 COUNTY DEBT AND OTHER LONG TERM OBLIGATIONS ...... 69 Statutory Direct Debt ...... 69 Indirect Debt Limitations...... 70 Overlapping Debt...... 71 Bond Anticipation Notes...... 72 OWDA Contracts...... 73 OPWC Contracts...... 74 Debt Currently Outstanding...... 74 Grant Anticipation Obligations...... 80 Future Financings...... 80 Other Obligations...... 80 EMPLOYER’S CONTRIBUTION TO PUBLIC EMPLOYEES RETIREMENT SYSTEM ..... 80 LEASES AND CONTRACTS ...... 81 LEGAL MATTERS...... 81 Litigation...... 81 Bond Counsel...... 81 RATINGS ...... 81 CONTINUING DISCLOSURE...... 82 CONCLUDING STATEMENT ...... 83
APPENDICES APPENDIX A-1 2016 Unaudited Financial Statements for the Year Ended December 31, 2016 APPENDIX A-2 2015 Audited Financial Statements for the Year Ended December 31, 2015 APPENDIX B 2017 Appropriations Resolution APPENDIX C Financial Statement (Direct Debt Limitation) APPENDIX D Ten Mill Certificate (Indirect Debt Limitation) APPENDIX E Ad Valorem Tax Rates APPENDIX F Investment Policy
iii GREENE COUNTY, OHIO INTRODUCTORY STATEMENT
The “Annual Information Statement in connection with Bonds, Notes and Certificates of Indebtedness of the County of Greene, Ohio” (the “Annual Statement”), including the Appendices hereto, has been prepared by the County of Greene (the “County”) to provide, as of its date, financial and other information relating to the County. The County intends that this Annual Statement be used in conjunction with information to be provided by the County for the original offering and issuance by the County of specific issues of bonds, notes or certificates of indebtedness. Taken together, the Annual Statement and information about a specific offering will serve as the Official Statement for each such issue. Following the distribution of this Annual Statement and concurrently with the original offering by the County of each particular issue of its bonds, notes or certificates of indebtedness, the County will distribute or make available specific information relating to that offering along with material to update what is contained in this Annual Statement.
The County has not bound itself contractually to furnish current information, in the form of a statement such as this or otherwise, on a continuing or regular basis and does not covenant to do so except for specific Continuing Disclosure Certificates or Agreements entered into for specific transactions (see “CONTINUING DISCLOSURE” herein). From time totimethe County may elect to provide such information to parties named on a mailing list maintained by the County for such purpose. Names may be added to the mailing list by calling or writing to David A. Graham, Greene County Auditor, at (937) 562-5065, Greene County Office Building, 69 Greene Street, Xenia, Ohio 45385.
All financial and other information presented herein has been provided by the County from its records, except for information expressly attributed to other sources. The presentation of information, including tables of receipts from taxes and other sources, is intended to show recent historical information, and is not intended to indicate future or continuing trends in the financial position or other affairs of the County. No representation is made that past experience, as might be shown by such financial and other information, will necessarily continue in the future.
References herein to provisions of Ohio law, whether or not codified in the Ohio Revised Code (the “Revised Code”) and the Ohio Constitution, are references to such provisions as they presently exist. Any of those provisions may from time to time be amended, repealed or supplemented.
Certain information contained in this Annual Financial Information Statement is attributed to the Ohio Municipal Advisory Council (OMAC). OMAC compiles information from official and other sources. OMAC believes the information it compiles is accurate and reliable, but OMAC does not independently confirm or verify the information and does not guaranty its accuracy. OMAC has not reviewed this Official Statement to confirm that the information attributed to it is information provided by OMAC or for any other purpose. Any addresses of or links to web sites, which may be contained herein, are given for the convenience of the user only. The County has not participated in the preparation, compilation or selection of information on these websites, and therefore presents no warranties or representations of the material contained therein. Further, the County assumes no responsibility or liability for the contents there.
As used in this Annual Statement, “debt service” means principal (including mandatory redemptions) of and interest on the obligations referred to, and “State” or “Ohio” means the State of Ohio.
GREENE COUNTY, OHIO
Greene County, Ohio, was named after the Revolutionary War hero General Nathaniel Greene and was established in May, 1803. The County covers 417.36 square miles. It is approximately 16 miles east of the City of Dayton and 19 miles south of the City of Springfield. Approximately 8,400 acres in the northwest corner of the County are occupied by the Wright- Patterson Air Force Base and the United States Air Force Museum. Surrounding counties include Montgomery to the west, Clark to the north, Fayette and Madison to the east, and Warren and Clinton to the south. The County is included in the Dayton Metropolitan Statistical Area (the “Metropolitan Area” or “MSA”) with Miami, Montgomery and Preble Counties.
County Government
The County has only those powers specifically conferred upon it by Ohio law.Athree- member Board of County Commissioners (the “Commissioners”), elected at large in even- numbered years for four-year overlapping terms, is the primary legislative and executive body of the County.
In addition to three Commissioners, the eight other administrative officials of the County listed below are elected for terms of four years each, with the County Auditor and a County Commissioner elected at two year intervals before and after a presidential election year and the other County Commissioners and officers elected in each presidential election year. Common Pleas Judges, Domestic Relations and Juvenile Judges, and the Probate Judge are also elected on a County wide basis.
Board of County Commissioners
Present Term Name Assumed Office Expires Alan Anderson 1/07 12/31/18 Robert J. Glaser 1/13 01/02/19 Thomas R. Koogler 1/13 01/02/19
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2 County Officials
Present Term Office Name Assumed Office Expires County Auditor David A. Graham 03/11 03/19 County Treasurer Richard D. Gould 01/11 03/21 Clerk of Courts Terri Mazur 01/97 01/21 County Engineer Robert Geyer 01/97 01/21 County Recorder Eric C. Sears 01/09 01/21 County Sheriff Gene C. Fischer 07/03 01/21 County Coroner Kevin L. Sharrett 01/97 01/21 County Prosecuting Attorney Stephen K. Haller 11/06 01/21
General Government
Of the offices which can be grouped under the category of general government, in addition to the Commissioners, three elective offices are of particular pertinence.
The County Auditor is elected to a four-year term, and has the task of assessing real property for taxation purposes. A complete on-site inspection and reappraisal must be conducted every six years in addition to the triennial update of property values. The Auditor is also the fiscal officer of the County, and no County contract may be made without the Auditor’s certification that funds are available for payment or are in the process of being collected. In addition, no account may be paid except by the Auditor’s warrant drawn upon the County Treasurer. The Auditor is responsible for the County payroll and also has major accounting responsibilities.
The County Treasurer is required by state law to collect certain taxes and to distribute them to various governmental units. The Treasurer is the disbursing agent for expenditures authorized by the Commissioners and is also custodian of the County’s Bond Retirement Fund. The Treasurer must make daily reports to the County Auditor showing receipts, payments and balances. The Treasurer’s books of account must always balance with those of the County Auditor.
The County Engineer, required by law to be a registered professional engineer and surveyor, serves as the civil engineer for the County and its officials. Primary responsibilities are the construction, maintenance, and repair of the County’s roads, bridges, and drainage facilities. The Commissioners take bids on and award contracts for the projects recommended and approved by the Engineer. The County Engineer also prepares tax maps for the County Auditor.
In addition to these elected officials an appointed County Administrator directs and supervises activities of departments directly responsible to the Board of County Commissioners. The County Administrator is responsible for coordination of all County elected officials and Boards in the preparation of the County budget. The County Administrator is also the principal liaison between the Board of County Commissioners and other County officials, boards and other units of government.
3 Administration of Justice System
As a part of the administration of justice system in the County, the County maintains the Common Pleas Court, including the Domestic Relations, Juvenile and Probate Divisions, and the Court of Appeals (collectively referred to as the “County Courts”). The Prosecuting Attorney’s office and the County Jail are also maintained by the County. The Prosecuting Attorney is designated by Ohio law as the chief legal counsel for all County officers, boards, and agencies, including the Commissioners, the County Auditor and the County Treasurer.
The Clerk of Courts keeps all official records of the Common Pleas Court and serves as Clerk of the Court of Appeals. The office of Clerk of Courts operates on a system of fees charged for services and is essentially self-supporting.
The County Sheriff is the chief law enforcement officer of the County and provides certain specialized services which include maintaining a special staff of deputies to assist local law enforcement officers upon their request and to enforce the law in unincorporated areas of the County. The Sheriff also maintains the County Jail and is responsible for its inmates, including persons detained for trial or transfer to other institutions. As an officer of the County Courts, the Sheriff is charged with preparing and serving documents.
County-owned Utilities
The Greene County Sanitary Engineering Department (the “Sanitary Engineering Department”) operates four secondary wastewater treatment plants together with their appurtenant sanitary sewerage collection systems, and four “satellite” sanitary sewerage collection systems tributary to other wastewater treatment plants. The Sanitary Engineering Department also operates three water treatment plants together with their appurtenant water distribution systems, and seven “satellite” water distribution systems tributary to other water treatment plants and a Solid Waste Management District. Its 2016 annual payroll was $3,704,433 and it employed 80 full time employees and 1 intermittent employees as of December 31, 2016, with 75 employees dedicated to water and sewer utilities. Water and sewer payroll costs, together with those required for the maintenance and operation of the Sanitary Engineering Department’s facilities, are paid from water and sewer charges and inspection fees. These charges and fees are sufficient to pay the cost of operating and maintaining these water and sewer systems, as well as paying debt service on the County water and sewer revenue bonds and complying with the provisions of the trust agreements under which such revenue bonds were issued. The Solid Waste Management District payroll cost, maintenance and operation are paid from waste generation fees which are accounted for in a Special Revenue fund.
Financial Management
The Commissioners are responsible for providing and managing the funds used to support the various County activities. The Commissioners exercise their legislative powers in budgeting, appropriating, levying taxes, issuing bonds, and letting contracts for public works and services to provide this financial management.
4 Permissive Taxes
Ad valorem property taxes and sales tax were the largest sources of revenue for the County in 2016. Charges for services collected by the County offices and agencies accounted for the next largest portion of County revenues, followed by intergovernmental revenues. The County also has other revenue sources available to it, commonly known as the “permissive” taxes, two of which it has not yet utilized.
The Ohio Revised Code permits a county to levy a variety of permissive taxes including sales taxes, use taxes, motor vehicle license taxes, hotel lodging taxes, property transfer taxes, transit taxes, utility service taxes and liquor and cigarette taxes. These permissive taxes are subject to referendum and repeal by voter initiative. The County currently has in effect a motor vehicle license tax in the amount of $10.00 per vehicle, a one percent (1%) piggyback sales tax and a hotel lodging tax equal to three percent (3%) of gross room rentals. The County increased the piggyback sales tax from one-half of one percent (½%) to one percent (1%) effective February 1, 1987. The proceeds of the motor vehicle tax are required to be used for construction, maintenance and repair of streets and highways. A real property transfer tax (Section 322.02 Revised Code) not to exceed three mills was raised from 1 mill to 2 mills in 2003. The permissive tax which has not yet been utilized is a utility service tax at a rate not to exceed two percent (2%) of the utility service charges.
A summary of County permissive taxes and recent changes in the law concerning County sales taxes follows:
A motor vehicle license tax increase is also available to counties. The Revised Code allows a potential total increase to $15 if all authorized motor vehicle license taxes are levied by local governments, which includes the $5 presently permitted. Counties may enact up to an additional $10. If a county did not levy the tax by April 1, 1989 for the first new $5 authorized or by April 1, 1991 for the second $5 authorized, then any municipality may enact the tax. The County may still enact the tax after a municipality does, but the County tax will not apply in municipalities that have enacted the tax.
Pursuant to Section 5739.021 of the Revised Code, the County is permitted tolevyupto a one percent (1%) sales tax on retail sales. The sales tax may be levied for the purpose of providing additional revenue for County general fund purposes, to supportcriminaland administrative justice services in the County or both. This County sales tax may be authorized by the Board of County Commissioners at any time in increments of one-quarter of one percent (¼%) up to the maximum of one percent (1%), but the authorization of this sales tax is subject to voter referendum. The County is currently levying a one percent (1%) sales tax pursuant to Section 5739.021 of the Revised Code.
In addition, pursuant to Section 5739.026 of the Revised Code, the County may levy an additional one-quarter of one percent (¼%) or one-half of one percent (½%) sales tax on retail sales, for several purposes, which include, but are not necessarily limited to: financing a convention center, providing additional revenue for a county transit authority, financing a sports facility, for general fund purposes, for permanent improvements under the jurisdiction of the Community Improvement Board, for the implementation of a 9-1-1 system or for the
5 maintenance and operation of a detention facility. An existing one-quarter of one percent (¼%) sales tax under Section 5739.026 of the Revised Code may be increased to one-halfofone percent (½%). Further, a one-quarter of one percent (¼%) or one-half of one percent (½%) sales tax levied under Section 5739.026 of the Revised Code is subject to voter approval, except when it is levied solely to provide additional general fund revenues, in which case it is subject to repeal by voter referendum. The sales tax under Section 5739.026 of the Revised Code (one-quarter of one percent (¼%) or one-half of one percent (½%)) is levied in addition to the one percent (1%) county sales tax that may be levied under Section 5739.021 of the Revised Code. The County is currently not levying levy an additional one-quarter of one percent (¼%) or one-half of one percent (½%) sales tax under Section 5739.026 of the Revised Code.
Management of County Facilities
The Commissioners have certain responsibilities for the management of most County facilities, including various courts, correctional and administrative facilities and general County government facilities.
Personnel Administration
Legislative and Executive costs account for the largest share of the County’s general fund expenditures, followed closely by Public Safety expenditures. There are a number of independent boards and commissions which administer a large variety of services within the County, including, among others, the Department of Job and Family Services, the Veterans’ Commission, the Board of Developmental Disabilities, and the Health Department.
Some of these boards and commissions are appointed by the Commissioners andare subject to complete fiscal control by the Commissioners, while others, to varying extents, are independent of the Commissioners’ fiscal control. There are also instances in which the Commissioners do not have appointment powers but do have extensive fiscal responsibilities. For example, the Commissioners have extensive financing, funding, budgeting and accounting responsibilities for the Board of Elections and for various courts but do not make appointments to the Board of Elections or the courts.
Employee Relations
As of December 31, 2016, Greene County employed 984 full-time employees in various job classifications. Its 2016 payroll was $48,437,130.
The Collective Bargaining Law provides that public employees of the State and many local subdivisions (including the County) have the right to organize, bargain collectively and have union representation. The employer must recognize and grant exclusive representation rights to a representative approved by the State Employment Relations Board (“SERB”). SERB approval may be granted either after fulfillment of the requirements promulgated in its regulations or by majority approval of the employees at an SERB supervised election. The employer has the right to insist on an election. Any agreements under the Collective Bargaining Law must be in writing, must specify a grievance procedure and cannot exceed three years in duration.
6 The Collective Bargaining Law also designates those actions which constitute unfair labor practices and prescribes procedures for their remedy. It also sets forth dispute resolution procedures for contract negotiation impasses, including arbitration or other mutually agreeable methods. If the impasse persists after conciliation procedures, then police, fire, correctional officers, and other public safety employees must take the dispute to binding arbitration and do not have the right to strike. All other employees have the right to strike after 10 days written notice.
The County has labor agreements with the following employee unions:
Type of Personnel Number of Date Contract Date Contract Union Covered Employees Commenced Expires Ohio Teamsters Local 957 Job and Family Services 13 07/01/2016 06/30/2019 AFSCME Public Works/ 15 01/01/2015 12/31/2017 Sanitary Engineering AFSCME Highway Dept. 8 01/12/2013 01/11/2019 Greene County Deputy Sheriff’s Law Enforcement 136 04/02/2016 04/01/2019 Benevolent Assn. Professionals Guild of Ohio Children Services 20 02/16/2015 02/15/2018
County Services staff has elected representation by AFSME and the County is currently negotiating contract terms with the union. The County knows of no other union organization seeking recognition at this time.
The County has experienced no employee strikes or work stoppages and the County considers labor relations with its employees to be good. The Public Employees Collective Bargaining Act, enacted by the Ohio General Assembly, expressly recognizes the right of collective bargaining for most government employees, including such employees’ right to strike, and permits agreements requiring binding arbitration of unresolved grievances, agency shops and dues check-off provisions.
County Services and Responsibilities
Job and Family Services
The County Department of Job and Family Services (the “Department”) administers the public welfare functions within the County. The Department is headed by a Director who is appointed by and is responsible to the Commissioners. The County Family Services Planning Committee advises the Director and is comprised of 15 members, 14 of whom are appointed by the Commissioners and one appointed by the County Probate Judge.
The Department is divided into several units, each of which is responsible for several different functions. For example, the Income Maintenance Unit is responsible for determining eligibility for the federal and state-supported Medicaid and Ohio Works First (Temporary Assistance to Needy Families (TANF)), Food stamps, Disability Assistance and other programs. The Social Service Division is responsible for managing Title XX programs,DayCare Assistance and Adult Protective Service Programs. The Greene Works Division is responsible for managing employment related services for the Workforce Investment Program (WIA) and
7 other required Work Activity requirements for assistance recipients. The Child Support Enforcement Division (CSEA) is responsible for assisting custodial parents, and others, establishing and collecting court ordered child support as well as facilitating administrative adjustments to existing court orders.
The Department administers its own Prevention, Retention, Contingency (PRC) Program, which seeks to provide short term aid to families with federal TANF funds to assist people become or stay employed, keep children in their own home via contracted services or by agency staff.
The Department is one of the largest under the authority of the County Commissioners, with 139 full-time employees. Its 2016 payroll was $5,541,857. The Department depends extensively on State and federal funding. Much of the State and federal funding flows directly from those governments to welfare recipients in programs in which the County performs various administrative tasks such as eligibility determination. Expenditures of the County’s own funds for the activities and programs of the Department are derived in part from the general fund via an assessment referred to as the County mandated share. The County mandated share for fiscal year 2016 totaled $135,134. Expenditures in 2016 totaled $6,689,844 and total funding for 2016 was $6,720,824.
The Medical Assistance program administered by the Department includes the Federal Medicaid program, the State General Assistance Medical program, and the State Disability Assistance Medical program. The Department’s role in these programs includes the determination of the eligibility for benefits as well as the processing of vendor payments.
The Social Services programs administered by the Department include the Federal Title XX program, State and Federal grant programs, and locally funded projects, such as the Work Force Investment Act. The Department manages the direct delivery of such servicesasthe investigation of neglect and abuse of adults, protective services, employment and training programs, a teen parenting program, and education advocacy-collaboration with other agencies in helping children and their families to have more successful education experiences. Additionally, the Department contracts for, monitors, and evaluates the provision of a spectrum of social services and day care services which are delivered by independent agencies and individuals.
The Veterans Service Commission (the “Veterans Commission”), the County Board of Developmental Disabilities and the County Board of Mental Health also operate within the area of health and welfare but apart from the County Department of Human Services. The Veterans Commission assists veterans and their dependents in securing the materials and information needed to apply for and receive assistance under the various programs administered by the Veterans Administration. The five members of the Veterans Commission are appointed by the Common Pleas Court and serve five-year terms. The activities of the Veterans Commission are financed from general fund moneys. In 2016, the Veterans Commission received $789,715 from the general fund.
8 The County’s program for the developmentally disabled, operated through the Board of Developmental Disabilities, is responsible for providing various services to developmentally disabled children and adults, including training classes, workshops, and home services. Of the seven members of the Board of Developmental Disabilities, five are appointed by the Commissioners and two by the County Probate Judge. In addition to receivingstate reimbursement and tuition reimbursement from the school boards in the County, the Board is presently funded by a voted levy for 3.50 mills.
Health Services
The County Health Department provides all of the usual services extended in Ohio, including home health care as well as plumbing, water and food service inspections. The County also runs several clinics. Major hospital services are provided by the Kettering Health Network, which runs two hospitals in both Xenia and Beavercreek, and several hospitals in nearby cities. See “ECONOMIC INFORMATION – General Description – Health.”
There are two County-wide levies to support hospital operations at Greene Memorial Hospital. The levy renewal was re-authorized in 2016 is for 0.50 mills and is being collected through 2020.
The County Combined Health District (the “Health District”) has three major components: District Advisory Council, Board of Health, and Health Commissioner and Staff. The District Advisory Council consists of village mayors, presidents of township trustees, and the president of the County Commissioners. The Council meets yearly to conduct business and select members to the Board of Health. This five-member Board is a public health policy- making body which meets at least once per month. The Board of Health appoints the Health Commissioner who supervises staff in the Administrative, Environmental, Plumbing, Preventive, and Water Quality/Solid Waste divisions. The Health District is not controlled by the County Commissioners, but rather operates as a separate district pursuant to Chapter 3709 of the Ohio Revised Code.
The District currently has 66 employees, with a 2016 payroll of $3,444,293.Total revenues and resources for 2016 were $16,784,967. Included in that amount are assessments of $355,628 from the 12 townships, 6 villages, and 4 contracting cities that are served by the District.
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9 ECONOMIC INFORMATION
General Description
Business and Industry
The County has a diverse economy with industrial and agricultural components. A well- educated population, available acreage in close proximity to Wright Patterson Air Force Base and along major thoroughfares, as well as a convenient location between Cincinnati, Columbus and Dayton are often cited as reasons for the County’s attractiveness to new businesses. The quick commute to these cities has boosted the residential housing market in the County.
The County completed a sexennial reappraisal of all properties in the county for tax year 2014 which had an impact on taxes paid in 2015. The County is currently undergoing a triennial update of all properties in the county for tax year 2017 which will impact taxes paid in 2018.
Commercial development has occurred along 1-675 which connects 1-75, 1-70andUS 35. Development in this area has included The Greene Towne Center, which has continued a strong retail presence since opening in 2006, offers more than 120 shops and offices, covering more than 1.1 million square feet of shopping area. Development at “The Greene” includes numerous restaurants, specialty shops, national retailers and professional offices. Other improvements and upgrades have been made to local retail developments in the County. In December 2016, the Greene County Port Authority issued $3 million in Bonds on behalf of the Mall at Fairfield Commons for energy improvement measures such as a new roof, upgraded insulation, and updated air conditioning equipment.
The $137 million Indu and Raj Soin Medical Center opened its doors in February 2012 and houses 90 patient beds and employs 200 staff. The Medical Center is the focal point of the Mills-Morgan Medical campus, located near Fairfield Commons Mall, and will be the site of medical office space and outpatient services. In 2015, a new 125 acre mixed-use development accommodating commercial and residential development started at the Cornerstone in Sugarcreek Township. Development has also occurred in Jamestown. Twist, Inc, one of the top five largest spring manufacturers in the U.S., invested $1 million to expand their facilities at two locations in the village. In 2015, Riverside Research, a premier not-for-profit provider of trusted technical and scientific expertise, constructed a new research facility in Beavercreek. Riverside Research expanded their research capacity in 2016 by opening a 30,000 square foot addition to the facility. The expanded facility houses research stations supporting research in plasma, optics, cyber computational electromagnetics, radio frequency systems, intelligence, surveillance and reconnaissance.
While development in the western portion of the County continues to bring commercial and residential growth, the eastern portion of the County has maintained its agricultural productivity. The County consists of nearly 244,000 acres of which 177,000 remain agricultural. This provides the County with diversity that cannot be seen in many counties in Ohio.
The County is also rich in quality institutions of higher learning. Few counties in Ohio offer its citizens the educational opportunities that Greene County affords its citizens. Sinclair Community College, Wright State University, Cedarville University, Central State University,
10 Wilberforce University, Park College, Clark State Community College, Antioch College Continuation Corporation, Antioch University Midwest, and the Greene County Career Center all provide the citizens with the opportunity to improve themselves through higher education. Within the County, 17.3% of the adult population has an associate’s degree, 18.2% of the adult population has a bachelor’s degree, and 14.7% of the adult population has a graduate degree.
The County has a total of 11,484 businesses. In 2015, the leading industries within the County were retail, professional, scientific and technical services, health care and social services, accommodation and food services, and public administration. Workers in the County earn an average yearly household income of $77,718 and 40.2% of households earn more than the national average each year. Household expenditures average $56,279 per year. The majority of earnings get spent on shelter, transportation, food and beverages, health care, and utilities. Further, there are 34.6% more households who own their homes in the County than there are renters.
The County’s largest employer, Wright-Patterson Air Force Base (WPAFB), is one of the largest, most diverse and organizationally complex Air Force installations in the United States. Past, present and future are inextricably linked here, from the pioneering flights of the Wright Brothers to the development of today’s most advanced aircraft and aerial systems. Missions for WPAFB’s more than 60 units vary from acquisition and logistics management,toresearchand development, advanced education, flight operations, and a vast array of other activities. WPAFB’s demand for technical skills has helped support the colleges and universities in Greene County. WPAFB employs over 27,000 military and civilian workers, but has also spurred local contractors working in high tech fields that help support development projects at the Air Force base. Further expansion of the base has occurred as a result of the most recent Base Realignment and Closure (BRAC) study. As a result of changes brought about by BRAC, WPAFB received 1,200 military and civilian positions on the base. The additional units will support missions in the areas of aerospace medicine research, human performance and sensors research. Approximately $339 million in construction and renovation have taken place to prepare facilities for new missions. The WPAFB has become the home of Centers of Excellence for Human Performance and Sensors Research.
In 2013, Barco, Inc., a Belgium based company that produces flight simulators for military contractors and the aviation industry, invested approximately $1 million into its demonstration and training center in Xenia. The training center showcasesthecompany’s aviation-focused visual display systems and products. Barco, Inc. supplies major defense contractors such as L3, Lockheed Martin and many international customers.
In 2014, TJAR Innovations, LLC, a Xenia based tool and mold company, expanded into a new, 26,000 square foot facility to house both its Plastic Injection Tooling division and its Molding division under one roof. TJAR Innovations, LLC manufactures a range of products for various industries including military weapons, consumer goods and conveyor systems.
Residential development has also been very strong over the past three years in the City of Fairborn as three housing developments were announced or under construction in 2014. These developments include the Brinley Place Project (which will add 140 new condo/rental units to the local market), the Redwood Development (which features ranch-style housing units in a new
11 100-unit upscale residential development geared toward the senior market), and the Bluffs on Trebein development (which will add 185 new single-family homes to the Fairborn community in the $200,000 to $300,000 price range).
The following table shows the ten largest building permits (in terms of estimated construction cost) issued by the County in 2016. Also reflected is the diversity of the construction:
Estimated Project Applicant Value (Description) Village of Yellow Springs $5,000,000 Water Treatment Plant Hampton Inn & Suites 4,800,000 Hotel Cedarville University 3,200,000 Chemistry Lab Mills Development 3800 LTD 2,400,000 Office Space Patrick & Brenda Hood 1,500,000 Residential Dayton Hasty Tasty Inc 1,300,000 Retail Galactic LLC 1,100,000 Office Space Home Acres Properties LTD 1,000,000 Medical Offices WW Investments 950,000 Industrial Space Home Acres Properties LTD 800,000 Office Space ______Note: Does not include all investments at WPAFB, Central State or Wright State. Source: Greene County Department of Economic Development.
The final sector of the economy which continues to show economic growth is colleges and universities. Wright State University has an enrollment of approximately 18,000. Cedarville University, with an enrollment of 3,700. The County is also home to Central State University which has a student body numbering over 1,700. Wilberforce University, the first predominantly African-American private university in the nation, has approximately 500 students enrolled. Antioch College, which suspended operations in July 2008 and spun off from Antioch University, reopened with a freshman class of 35 in the Fall of 2011 and an enrollment for fall 2016 of 270 students. The Air Force Institute of Technology enrolls over 700 students. Finally, Clark State Community College opened its Greene campus in 2007, with a 2016 enrollment of 1,350 students. In addition, proprietary schools continue to grow in the County, including Hondros College, New Horizons Learning Center, Strayer University, DeVry University, Franklin University, and Harrison College.
Transportation
The County is served by highway and air transportation, in addition to river traffic on the Ohio River, less than 50 miles away.
The Greene County Airport, under the direction of the Greene County Regional Airport Authority, serves private and corporate aircraft with a lighted runway that is approximately 4,500 feet long. Aircraft storage and maintenance facilities are available as well as car and plane rentals. In addition to the County Airport, the nearby Dayton International Airport had 1,035,263 enplanements in 2016. Five airlines have non-stop daily departures to 12 cities.
12 Several major motor freight carriers in Fairborn and Jamestown, together with those in Dayton, provide highway freight transportation over Interstates 70, 71 and 675, as well as U.S. 35, 42 and 68 and eight state highways that pass through or along the borders of the County. In addition, Interstate 75 passes through Dayton and Interstate 71 passes through the southeastern corner of Greene County with access from U.S. 42.
Fire and Police Services
Fire protection in the County is provided by three city and ten township fire departments, which operate fire stations located in the County. These fire departments have mutual aid response agreements with other nearby municipalities.
Police protection is provided by four city, three village, and one township police departments as well as the County Sheriff’s department. The County Sheriff’s department consists of a Sheriff, 140 full-time officers and 34 auxiliary officers. Programs offered at the department geared toward community service include: bicycle patrol program, business and vacation check services, safety patrol program, safety tours and events, drug abuse resistance education, crime prevention and school liaison program. The County has mutual aid agreements with several municipal police departments in the County.
Utilities
The County receives electric service from the Dayton Power and Light Company and Ohio Edison and receives its gas service from Vectren. The County works through the County Commissioners Association of Ohio to purchase their electric through aggregation and natural gas through a cooperative in order to receive favorable pricing. Communications systems are provided primarily by AT&T.
Publicly-owned water systems serve all of the major incorporated areas andsomeareas adjacent thereto. The major municipalities all have public sewerage and sewage treatment facilities. The County owns and operates the water facilities serving the City of Beavercreek, the Village of Cedarville, and the Shawnee Hills community (a large residential development located in unincorporated New Jasper and Silvercreek Townships), and the portions of the Cities of Centerville and Kettering in Greene County. The County also owns and operates the sewerage facilities serving the Cities of Beavercreek and Bellbrook, and the Villages of Cedarville, Clifton, Shawnee Hills and Spring Valley), and the portions of the Cities of Centerville and Kettering in Greene County. The County has also developed sewer and water service for unincorporated areas of the County, and provides sewage treatment service for parts of Montgomery County. Funding for these facilities has been derived from local sources, federal grants, and charges to Montgomery County.
Several private solid waste collection companies serve the Metropolitan Area, particularly Waste Management, Rumpke and Allied Waste, with weekly collection of waste from residential dwellings, schools, hospitals and public institutions.
Note, some of the County’s townships and villages have fire and police levies, but contract with other subdivisions to provide services.
13 Print and Broadcast Media
The County is served by all of the major newspapers, television and radio stations in Southwestern Ohio, including those in Cincinnati and Dayton. Cable television is available throughout the County. In addition, the County is served by seven local radio stations and five local newspapers.
Health
The Kettering Health Network operates two hospitals in Greene County. Greene Memorial Hospital in Xenia with 325 physicians on staff and 49 beds and the Soin Medical Center in Beavercreek with 562 physicians and 120 beds. Additionally, the Jamestown Family Medicine Center provides extensive medical services focusing on the rural portion of the county.
Culture, Recreation and Education
The cultural, educational, and recreational activities of Dayton and Cincinnati, including parks, museums, symphonies, theaters, and concerts, are easily accessible to Greene County residents. Greene County itself offers a wide variety of recreational activities including: the National Museum of the United States Air Force, the oldest and largest military aviation museum in the world; the National Afro-American Museum on the campus of Central State University in Wilberforce; Legacy Ministries, located at the old Ohio Veteran Children’s Home, now houses a complex for Athletes in Action which brings in student athletes from aroundtheworldtotrain and compete in various athletic events; and the Nutter Center on the campus of Wright State University provides the top names in entertainment and sporting events such as NCAA Division I basketball. In addition, there are seven colleges and universities, as well as vocational school and adult education programs available in the County. Greene County also offers John Bryan State Park, Shawnee Park, Caesars Creek State Park, Sugarcreek Reserve, Glen Helen Nature Reserve, Clifton Gorge State Nature Preserve, 32 recreation and playground facilities and a wildlife preserve. The major tourist attraction in the County is the National Museum of the United States Air Force, which draws approximately 1,200,000 visitors each year. A new fourth building at the Museum opened in 2016 which houses the Space, Presidential,Research& Development and Global Reach Galleries.
The County hosts a portion of the Little Miami Scenic Trail, which bikeway spans four counties, including Hamilton, Clermont, Warren, Greene and Clark Counties, covering approximately 75 miles. Greene County is also the home to the Creekside Trail, which begins in Xenia Station and ends 17 miles later at Eastwood MetroPark, providing convenient connections to several parks and other bikeways.
Source: Unless otherwise noted, Greene County Department of Development.
14 Population
The following tables show census population data for the County and incorporated areas within the County:
Year Greene County Percentage Change 1970 125,057 --- 1980 129,769 3.8% 1990 136,731 5.4 2000 147,886 8.2 2010 161,573 9.3 2016 164,765* 1.9 ______* Population estimate as of July 1, 2016. Source: Ohio Development Services Agency, Office of Research (A State Affiliate of the U.S. Census Bureau).
Total Population of Incorporated Areas – 2016 Estimates
City of Beavercreek 46,376 City of Bellbrook 7,128 Village of Bowersville 307 Village of Cedarville 4,134 City of Centerville* 2 Village of Clifton* 105 City of Fairborn 33,780 Village of Jamestown 2,030 City of Kettering* 470 Village of Spring Valley 484 City of Xenia 26,238 Village of Yellow Springs 3,680 TOTAL 124,734 ____ * Figure includes only the number of people living in the County. Source: Ohio Development Services Agency, Office of Research (A State Affiliate of the U.S. Census Bureau).
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15 Total Population of Unincorporated areas – 2016 Estimates
Bath Twp. 7,569† Beavercreek Twp. 5,952† Caesarcreek Twp. 1,162 Cedarville Twp. 1,550† Jefferson Twp. 961† Miami Twp. 1,221† New Jasper Twp. 2,268 Ross Twp. 766† Silver Creek Twp. 1,787† Spring Valley Twp. 2,133† Sugarcreek Twp. 8,264† Xenia Twp. 6,038 TOTAL 39,671 ____ † Figures exclude incorporated portions of townships. Source: Ohio Development Services Agency, Office of Research (A State Affiliate of the U.S. Census Bureau). 2016.
Employment
The following table lists the average annual unemployment rates for Greene County, the State of Ohio and the United States for the past five years and the unemployment rates for the most recent month for which such data is available. The figures are expressed in percentages and represent the ratio of the total unemployed to the total labor force. These estimates are not seasonally adjusted.
Unemployment Statistics*
Year Greene County State of Ohio United States 2012 6.9% 7.4% 8.1% 2013 7.0 7.5 7.4 2014 5.2 5.7 6.2 2015 4.4 4.9 5.3 2016 4.3 4.9 4.9 June, 2017 4.9 5.4 4.5 _____ * Not seasonally adjusted Source: Ohio Bureau of Employment Services, Ohio Labor Market Information: Civilian Labor Force Estimates.
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16 Labor Force Statistics - Greene County*
Percent Year Total Labor Force Employment Unemployment Unemployed 2012 80,600 75,100 5,600 6.9% 2013 79,500 73,900 5,600 7.0 2014 79,700 75,500 4,200 5.2 2015 80,300 76,800 3,500 4.4 2016 80,600 77,200 3,500 4.3 June, 2017 81,400 77,500 4,000 4.9 ______* Not seasonally adjusted. Source: Ohio Department of Job & Family Services. Ohio Labor Market Information: Labor Force Estimates.
Largest Employers* 2016
Approx. Number Name of Employer of Employees Wright Patterson Air Force Base 27,000 Wright State University 3,700 Greene County 984 Beavercreek City School District 870 Unison Industries 800 Wright Patt Credit Union 640 Teleperformance USA 600 MacAuley-Brown Inc 450 Central State University 380 ______* The above table includes both public and private employers in the County. Source: Greene County Auditor
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17 Dayton MSA Nonagricultural Wage & Salary Employment* Not Seasonally Adjusted
Employment Change (in thousands) (in thousands) From Last From Last June 2017b May 2017c June 2016c Month Year Total Nonagricultural 385.5 387.1 383.9 -1.6 1.6 Goods-Producing Industries (Private) 54.8 54.4 53.6 0.4 1.2 Mining, Logging, and Construction 13.2 12.7 12.8 0.5 0.4
Manufacturing 41.6 41.7 40.8 -0.1 0.8 Durable Goodsd 31.4 31.1 30.2 0.3 1.2 Transportation Equipment 6.6 6.6 6.5 0.0 0.1
Service-Providing Industries (Private) 268.9 270.7 267.8 -1.8 1.1 Trade, Transportation, and Utilities 64.6 64.5 65.0 0.1 -0.4 Wholesale Trade 12.9 12.8 13.0 0.1 -0.1 Retail Trade 39.2 39.3 39.5 -0.1 -0.3 General Merchandise Stores 9.1 9.1 9.0 0.0 0.1 Transportation, Warehousing, and Utilities 12.5 12.4 12.5 0.1 0.0 Transportation and Warehousing 11.7 11.5 11.7 0.2 0.0
Information 8.3 8.3 8.5 0.0 -0.2
Financial Activities 18.6 18.4 18.0 0.2 0.6 Finance and Insurance 14.2 14.1 13.7 0.1 0.5
Professional and Business Services 52.0 52.9 50.8 -0.9 1.2 Professional and Technical Services 23.8 24.6 22.8 -0.8 1.0 Management of Companies and Enterprises 5.1 5.1 5.1 0.0 0.0 Administrative, Support and Waste Services 23.1 23.2 22.9 -0.1 0.2
Educational and Health Services 70.8 72.4 71.5 -1.6 -0.7 Health Care and Social Assistance 59.8 61.2 61.1 -1.4 -1.3 Hospitals 18.6 18.6 18.4 0.0 0.2
Leisure and Hospitality 40.4 40.0 39.9 0.4 0.5
Other Services 14.2 14.2 14.1 0.0 0.1
Government 61.8 62.0 62.5 -0.2 -0.7 Federal Government 18.4 18.4 18.6 0.0 -0.2 State Government 5.3 5.5 6.4 -0.2 -1.1 State Government Educatione 3.8 4.1 4.9 -0.3 -1.1 Local Government 38.1 38.1 37.5 0.0 0.6 Local Government Education 20.1 21.4 19.9 -1.3 0.2 ______a See Technical Notes for concepts. b Preliminary. c Revised. d Includes wood products; nonmetallic mineral products; primary metals; fabricated metal products; machinery manufacturing; computer and electronic products; electrical equipment and appliance manufacturing; furniture and related products; miscellaneous manufacturing. e Includes State universities. Excludes the agricultural extension service. Source: Ohio Department of Job and Family Services, Labor Market Review for June 2017.
18 Income and Housing Data
The following shows the Median Household Income, Per Capita Money Income and Median Value for 2015 for Greene County in comparison to the State of Ohio and the United States:
Greene County State of Ohio United States 2015 Median Household Income $60,113 $49,429 $53,889 2015 Per Capita Income 31,075 26,953 28,930 2015 Median Home Value 159,400 129,900 178,600 ______Source: U.S. Census Bureau, American Community Survey, 5-Year Estimates (2011-2015)
Building Permits
The assessed value of all building permits for new construction (including commercial, industrial, and residential, and both remodeling and new construction) issued in the County in the indicated years, as reported by the Building Inspections Department was as follows:
New Construction
Total New Fiscal Construction No. Bldg. Permits Year Assessed Valuation Ag/Res/Com/Ind 2012 $58,427,980 1,381 2013 44,468,600 1,331 2014 44,808,820 1,275 2015 26,807,240 1,336 2016 71,825,534 1,130 _____ Source: Greene County Building Inspections Department.
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19 FINANCIAL MATTERS
Introduction
The County’s fiscal year corresponds with the calendar year.
The administrative functions of the County are performed by or under the supervision of the following:
1. Overall planning and development, the Board of County Commissioners.
2. Assessment of real property, as well as financial control functions, the County Auditor.
3. Inspection and supervision of the accounts and reports of the County as required by law, by the State of Ohio Office of Auditor.
4. Public utility property assessment by the State of Ohio.
The County currently has no moneys invested in banks or savings and loans that are not insured by FDIC or FSLIC, but such invested funds may exceed the insured limits. The County does not loan funds without taking possession of the collateral.
BUDGETING, TAX LEVY AND APPROPRIATIONS PROCEDURES
Detailed provisions for County budgeting, tax levies and appropriations are made in the Revised Code. The procedures involve collective review by County officials at several stages.
County budgeting for a fiscal year formally begins in July of the previous year with the preparation and adoption, after a public hearing, of a tax budget for the fiscal year. With respect to payment of debt service in the fiscal year, the tax budget must show the amounts required, the estimated receipts from sources other than property taxes for payment, the net amount for which a property tax levy must be made, and the portions of that levy to be inside and outside the ten mill tax rate limitation (see “COUNTY DEBT AND OTHER LONG TERM OBLIGATIONS – Indirect Debt Limitations” herein). The tax budget is then presented for review by the County Budget Commission comprised of the Auditor, Treasurer and Prosecuting Attorney of the County.
The County Budget Commission reviews the budget and determines and approves levies for debt service inside and outside the ten mill rate limitation. The law expressly provides that “if any debt charge is omitted from the budget, the commission shall include it therein.” Upon approval of the tax budget, the County Budget Commission certifies the estimate by the County Auditor of the tax rates inside and outside the ten mill tax limitation. Thereafter and before the end of the then calendar year, the Commissioner of the Department of Tax Equalization approves the tax levies and certifies them to the proper officials. The tax rates are then reflected in the tax bills sent to property owners. Real property taxes are payable in two installments, the first usually in January and the second in July.
20 Each January the Commissioners adopt a temporary appropriation measure and by April l, a permanent appropriation measure for that fiscal year. Annual appropriations may not exceed the County Budget Commission’s official estimates of resources and appropriation measures are to be certified by the County Auditor as not appropriating more moneys than set forth in those latest official estimates.
Financial Reports, and Examinations of Accounts
The County prepares its annual financial report in accordance with Generally Accepted Accounting Principles as applicable to governmental entities. The County has applied for and received a Certificate of Achievement for Excellence in Financial Reporting for its Comprehensive Annual Financial Report each year since 1986. This Certification recognizes the County reports on the highest level recognized by the Government Financial Officers Association and by the Governmental Accounting Standards Board (GASB). Greene County was among the first Counties in the nation to implement these new reporting standards. The County’s Comprehensive Annual Financial Report is audited annually by the Auditor of State’s Office who performs the audit in accordance with Generally Accepted Accounting Principles and Generally Accepted Government Auditing Standards issued by the Comptroller General of the United States. Such audit includes distinct audits for the County’s departments and programs.
The County utilizes an automated accounting and financial management information system for budgeting, accounting and reporting. The County maintains its accounts and other fiscal records on a cash basis and converts the information at year-end for the Comprehensive Annual Financial Report. The Comprehensive Annual Financial Report presents the government funds on a modified accrual basis and presents the entity wide statements, propriety fund statements and fiduciary fund statements on a full accrual basis. The County also reports the financial activity on a budgetary basis in order to demonstrate compliance with the budgetary laws of the State of Ohio.
The County prepared its financial statements based on Generally Accepted Accounting Principles (GAAP) for the fiscal year ended December 31, 2016. The County received an unqualified opinion on those financial statements.
Comprehensive annual financial reports are prepared annually by the County and filed with the State Auditor pursuant to Ohio law. Such reports are required to be submitted to the State Auditor within 150 days after the close of each year, and have been filed by the required time.
Appendices A-1 and A-2 consist of the County’s 2016 Unaudited Financial Statements (for the year ended December 31, 2016) and 2015 Audited Financial Statements (for the year ended December 31, 2015), respectively. Appendix B contains a summary of the County General Fund Appropriations Budget for fiscal year 2017.
21 Insurance
The County maintains liability and comprehensive insurance coverage for real property, building contents and vehicles through a commercial insurance provider. Under the policies, the County has $2 million of total liability coverage per occurrence, with a $5,000 deductible per occurrence. Total property coverage under the program is approximately $190 million.
Pursuant to statutes effective June 2000, the liability of political subdivisions, including counties in Ohio, has been significantly reduced. As a general rule, Ohio law provides that political subdivisions such as the County have immunity from liability in damages for injury, death, or loss to persons or property allegedly caused by an act or omission of such political subdivisions or their employees in connection with governmental and proprietary functions, as defined in the Ohio statutes. The statutes have no effect on any liability imposed by federal law or other federal cause of action. Pursuant to Ohio law, there are, however, five areas in which a county may be held liable for such loss. These include the negligent operation of a motor vehicle; negligent performance of proprietary functions; negligent failure to remove obstructions from public roads or to keep public roads, highways, streets, sidewalks, bridges or public grounds open, in repair, and free from nuisance; negligence of employees within or upon the grounds of buildings used in the performance of governmental functions which buildings have physical defects within or upon the grounds thereof, but excluding jails, juvenile detention workhouses and other detention facilities; and liability specifically imposed by statute. Ohio law also imposes a two-year statute of limitations and puts limits on the damages which may be recovered from such political subdivisions. No punitive or exemplary damages can be recovered, and any insurance benefits are deducted from any award against a political subdivision. Although there is no limitation with respect to compensatory damages representing a person’s economic loss, there is a $250,000 per person ceiling on the compensatory damage that represents a person’s non-economic loss in cases other than wrongful death, in which case there is no maximum limitation.
INVESTMENT POLICY OF THE COUNTY
The County is limited by Ohio law, ORC Chapter 135 and the Uniform DepositoryAct on its investments. Chapter 135 of the Ohio Revised Code sets forth the requirements and limitations for investments of the state’s political subdivisions, including the County. Under Section 135.35 of the Revised Code, the County Treasurer may invest its funds as follows:
Nothing in the classification of eligible securities and obligations set forth in (A) of this section or in the classifications of eligible securities and obligations set forth in (B) through (I) of this section shall be construed to authorize any investment in stripped principal or interest obligations of such eligible securities and obligations.
(A) United States Treasury bills, notes, bonds, or any other obligation or security issued by the United States Treasury or any other obligation guaranteed as to principal or interest by the United States.
(B) Bonds, notes, debentures, or any other obligations or securities issued by any federal government agency or instrumentality, including but not limited to, the
22 Federal National Mortgage Association, Federal Home Loan Bank, Federal Farm Credit Bank, Federal Home Loan Mortgage Corporation, Government National Mortgage Association, and Student Loan Marketing Association. All federal agency securities shall be direct issuances of federal government agencies or instrumentalities.
(C) Time certificates of deposit or savings or deposit accounts, including, but not limited to, passbook accounts, in any eligible institution mentioned in Section 135.32 of the Revised Code.
(D) Bonds and other obligations of this state or the political subdivisionsof this state, provided that such political subdivisions are located wholly or partly within the same county as the investing authority.
(E) No-load money market mutual funds consisting exclusively of obligations described in (A) or (B) of this section and repurchase agreements secured bysuch obligations, provided that investments in securities described in this division are made only through eligible institutions mentioned in Section 135.32 of the Revised Code.
(F) The Ohio subdivision’s fund as provided in Section 135.45 of the Revised Code.
(G) Securities lending agreements with any eligible institution mentioned in Section 135.32 of the Revised Code that is a member of the Federal Reserve System, Federal Home Loan Bank, or with any recognized United States government securities dealer meeting the description in Section 135.35 of the Revised Code, under the terms of which agreements the investing authority lends securities and the eligible institution or dealer agrees to simultaneously exchange either securities described in (A)or(B)ofthis section or cash or both securities and cash, equal value for equal value.
(H) Up to forty percent of the County’s total average portfolio in either of the following investments: Commercial paper notes issued by an entity as definedinSection 1705.01 of the Revised Code and that has assets exceeding $500 million dollars to which notes all of the following apply:
(1) at least two nationally recognized rating agencies rank the commercial paper in their highest classification;
(2) the aggregate value of the notes does not exceed ten percent of the aggregate value of the outstanding commercial paper of the issuing corporation;
(3) the notes mature not later than 270 days after purchase; and
(4) the investment in commercial paper notes of a single issuer does not exceed in the aggregate five percent of interim moneys available for investment at the time of purchase.
23 (I) Bankers acceptances of banks that are insured by the Federal Deposit Insurance Corporation and to which both of the following apply:
(1) the obligations mature not later than 180 days after purchase; and
(2) the obligations are eligible for purchase by the Federal Reserve System.
(J) Written repurchase agreements with any eligible institution mentioned in Section 135.32 of the Revised Code or any eligible securities dealer pursuant to Section 135.35 of the Revised Code, under the terms of which agreement the investing authority purchases and the eligible institution or dealer agrees unconditionally to repurchase any of the securities listed in sub-sections (B)(1) to (5) of Section 135.18 of the Revised Code. The market value of securities subject to an overnight repurchase agreement must exceed the principal value of the overnight repurchase agreement by at least two percent.
(K) Up to fifteen per cent of the County’s total average portfolio in notes issued by corporations that are incorporated under the laws of the United States and that are operating within the United States, or by depository institutions that are doing business under authority granted by the United States or any state and that are operating within the United States, provided both of the following apply:
(1) The notes are rated in the second highest or higher category by at least two nationally recognized standard rating services at the time of purchase; and
(2) The notes mature not later than two years after purchase.
(L) No-load money market mutual funds rated in the highest category at the time of purchase by at least one nationally recognized standard rating service and consisting exclusively of obligations described in division (A)(1), or (2), or (6) of Section 135.14.3 of the Revised Code.
(M) Debt interests rated at the time of purchase in the three highest categories by two nationally recognized standard rating services and issued by foreign nations diplomatically recognized by the United States government. All interest and principal shall be denominated and payable in United States funds. The investments made under this section shall not exceed in the aggregate one per cent of a County’s total average portfolio.
The County has never owned any derivative type investments, interest only investments or principal only investments. These are specifically ineligible investments under Section 135.35 of the Revised Code. The County may not leverage the portfolio through the use of reverse repurchase agreements. These are specifically ineligible investments under Section 135.35 of the Revised Code.
24 The County pools its cash for investment purposes and investment income is distributed to statutorily required funds based upon their average daily cash balances. Interest earned by the County in 2016 totaled $464,856.
All brokers, dealers and financial institutions initiating transactions with the investment authority by giving advice or making investment recommendations shall sign the County’s Investment Policy thereby acknowledging their agreement to abide by the Policy’s contents; those who execute transactions initiated by the investment authority, having read the Policy’s contents, shall sign the Investment Policy thereby acknowledging their comprehension and receipt.
AD VALOREM TAXES
Assessed Valuation
Assessed Value of Taxable Property
Increase Over Tax Collection Real Personal Public Previous Year Year Property(a) Property(b) Utility(c) Totals Year 2012 2013 $3,731,989,620 -0- $116,786,770 $3,848,776,390 1.80% 2013 2014 3,722,033,230 -0- 111,517,520 3,833,550,750 (0.40) 2014* 2015 3,754,655,740 -0- 114,838,370 3,869,494,110 0.94 2015 2016 3,768,234,820 -0- 119,157,070 3,887,391,890 0.46 2016 2017 3,824,887,440 -0- 125,148,730 3,950,036,170 0.98 _____ * Sexennial Reappraisal Year (a) Real property taxes collected in a calendar year are levied in the preceding calendar year on assessed values as of January 1 of that preceding year. (b) Tangible personal property taxes collected in a calendar year are levied in the same calendar year, on assessed values during and at the close of the most recent fiscal year of the taxpayer (ending on or before March 31 of said calendar year) at tax rates determined in the preceding year. Tangible personal property tax was phased out beginning in 2006. (c) Public utility and public utility personal property taxes collected in a calendar year are levied in the preceding calendar year on assessed values determined as of December 31 of the second year precedingthetaxcollectionyear. Source: Greene County Auditor.
The Tax Year 2016 (Collection Year 2017) real estate assessed valuation of $3,950,036,170 is comprised of the following types of property in the indicated amounts:
Allocation of Assessed Valuation Real Estate
Type Assessed Valuation Percent of Total Commercial/Industrial $772,093,970 19.54% Agricultural/Residential 3,052,793,470 77.28 Public Utility-Real 125,148,730 3.17 Total $3,950,036,170 100.00% ______Source: Greene County Auditor
25 The ten largest ad valorem property taxpayers during the 2016 tax year (2017 collection year) were as follows:
Total %of Assessed Total County Company Valuation Assessed Valuation 1. Dayton Power & Light $89,931,500 2.28% 2. Greene Town Center LLC 44,038,640 1.11 3. MFC Beavercreek LLC 34,287,880 0.87 4. Beavercreek Towne Station LLC 16,617,960 0.42 5. Vectren Energy Supply 12,623,680 0.32 6. Cole Mt Beavercreek OH LLC 12,075,000 0.31 7. Kettering Adventist Healthcare 8,990,980 0.23 8. Acropolis 29 LLC 8,310,440 0.21 9. Wright Patt Credit Union Inc 7,861,990 0.20 10. E L Apartments LLC 6,293,710 0.16 $241,031,780 6.10% _____ Source: Greene County Auditor.
The laws of the State of Ohio presently require that the County Auditor reassess real property at any time it is determined that the true or taxable value thereof has changed, and in the third calendar year following the year in which a sexennial reappraisal (whereby the true value of real property is adjusted to reflect current market values as of January 1 of the respective years), is completed if ordered by the Tax Commissioner. The table below sets forth the following information for Lorain County: (a) the tax year in which a sexennial reappraisal was most recently performed, (b) the tax year of the last/next triennial reappraisal, and (c) the tax year of the next sexennial reappraisal.
Tax Year of Last Tax Year of Tax Year of Tax Year of Sexennial Last Triennial Next Triennial Next Sexennial Reappraisal Appraisal Appraisal Appraisal Greene County 2014 2017 2023 2020
Existing law requires that taxable real property be assessed at not more than 35% of its true value except that taxable real property devoted exclusively to agricultural use is to be assessed at not more than 35% of its current agricultural use value as determined by the County Auditor in accordance with rules adopted by the Tax Commissioner for such purpose. The assessment ratio has been fixed at 35% under existing rules of the Tax Commissioner. The County Auditor is required to adjust (but without individual appraisal of properties except in the sexennial reappraisal) taxable real property values triennially to reflect true values. Any taxable real property which the owner thereof, under rules and regulations promulgated by the Chief of the Ohio Division of Forestry, declares is devoted exclusively to forestry or timber growing is taxed at 50% of the local tax rate upon its true value.
26 Given the standard assessment base determined under the provisions noted above, legislation effective in 1976 and recent legislation enacted pursuant to a constitutional amendment approved by the voters of Ohio in November, 1980, have provided for a two phase tax reduction of real property taxes, with respect to taxes other than taxes levied at a rate required to produce a specified amount of tax money (i.e. for payment of debt charges), taxes levied inside the ten mill limitation, or taxes authorized by a municipal charter.
1. The County Auditor must annually classify all real property into two classes: (a) residential/agricultural real property, and (b) nonresidential/agricultural real property. The Tax Commissioner then determines the amount of carryover property in each such case for each taxing district, “carryover property” being defined as all real property on the current year’s tax list except: (a) land and improvements that were not taxed by the district in both the preceding year and the current year, and (b)landand improvements that were not in the same class in both the preceding year and the current year. The Tax Commissioner must determine annually by what percent (the “Tax Reduction Factor”), if any, the sums that would otherwise be levied by a tax against the carryover property in each class would have to be reduced to equal the amount that would be levied if the full rate thereof were imposed against the total taxable value of such property in the preceding tax year. Thereafter, the County Auditor must reduce the sum to be levied by the tax against each parcel of real property in the district bytheTax Reduction Factor certified by the Tax Commissioner for its class. However,ifsaid reduction for either class of property could cause the total taxes charged and payable for current expenses of a school district, other than a joint vocational school district, prior to the statutory ten percent reduction, discussed hereinafter, to be less than two percent of the taxable value of all real property in that class that is subject to taxation, the Tax Commissioner, upon notification thereof by the County Auditor, must adjust the Tax Reduction Factor as required by law.
2. The County Auditor must reduce the sums remaining thereafter to be levied against parcels of real property by ten percent; such reduction is reimbursed by the State to the County for distribution to the affected subdivisions after deduction of a statutorily determined fee to be used by the Department of Taxation for administrative purposes. Since June 26, 2003, only one-half of this reduction has been reimbursed from State sources. The taxes remaining after such reduction constitute the real and public utility property tax chargeable and payable on such property.
Failure of the County Auditor to supply to the Tax Commissioner the information required to determine the Tax Reduction Factor may result in substantial withholding of State revenues to the local government until such time as the County Auditor supplies such information.
A corporation with taxable property in more than one county must also make, directly to the Tax Commissioner, a single combined return, listing all taxable property. Distribution of the funds so generated is normally made by the Tax Commissioner to the respective county auditors during the last quarter of each calendar year.
27 Changes to Assessed Valuation
As part of the various law changes that accompanied the deregulation of electric utility and natural gas companies in 1999-2000, property tax assessed value for electric generating equipment and natural gas property were reduced. Due to the reduction of public utility tangible property (“PUTP”) tax revenues to counties and other local taxing units, the Ohio General Assembly enacted a program whereby such subdivisions of the State would be compensated for these losses, subject to a timed phase-out schedule. In 2005, the Ohio General Assembly enacted Am. Sub. H.B. 66, which gradually repealed the business tangible personal property tax (“TPP”) on (i) manufacturing equipment, (ii) furniture and fixtures and (iii) inventory over a four-year period ending in 2009, resulting in further reduced revenues to school districts and other local taxing units. The tax on a fourth category of business personal property, telephone, telegraph and interexchange communication companies, was phased out over the period from 2007-2011. A subsequent reimbursement program similar to the one developed for lost PUTP revenues was implemented to replace the lost TPP revenues, which was also scheduled to be phased out. This program was funded, among other things, by the application of revenues derived by the State from the imposition of a new Commercial Activities Tax (the “CAT”). The reimbursement payments for loss of the PUTP and TPP tax revenues are collectively referredtoas“replacement payments.”
The application of the CAT to certain types of business receipts has been the subject of litigation. In 2009, the Ohio Supreme Court held that the CAT does not violate the State’s constitutional prohibitions against a sales or excise tax “upon the sale or purchase of food.”1 Later, in 2012, the Ohio Supreme Court held that the application of revenues derived from the imposition of the CAT on gross receipts from motor vehicle fuel sales towards replacement payments violates the State’s constitutional limitation on the use of revenues resulting from taxes related to motor vehicle fuel.2 In 2013, the Ohio General Assembly remedied the situation by creating a separate fund into which such tax proceeds are deposited, separate from other proceeds of the CAT. As is the case with many state-based gross receipts taxes, the CAT continues to be the subject of ongoing litigation, facing challenges regarding its general constitutionality. The Ohio Supreme Court is set to decide in the coming months whether the “bright line presence” test, a statutory threshold for imposition of the CAT, is constitutional in its imposition of the tax on a corporation which meets the statutory test but has no physical presence in the State.
With the election of a new State-level administration in 2010, the Ohio General Assembly took a different approach to accomplishing the reimbursement of lost revenues to counties and other local taxing units as a result of the repeal of PUTP and TPP taxes. Effective June 30, 2011, Am. Sub. H.B. 153 was adopted to modify the reimbursement methodology. Though the application of the proceeds of the CAT to the replacement payments was scheduled to be phased-out in 2018, with the State’s general fund receiving 100% of the CAT tax revenues thereafter, H.B. 153 accelerated that schedule and reduced the reimbursement payments. Effective June 30, 2015, Am. Sub. H.B. 64 increases the amount of CAT tax revenues allocated to the State’s general fund from 50% to 75% of such revenues; the percentage allocated to
1 Ohio Grocers Association v. Levin, 123 Ohio St.3d 303 (2009). 2 Beaver Excavating Co. v. Testa, 134 Ohio St.3d 565 (2012).
28 replacement payments dropped from 15% to 5% for counties and other local taxing units. A basic concept behind these changes is that fixed-rate levy replacement payments should be based on the relative need for counties and other local taxing units (each, a “unit”), the primary beneficiaries of the tangible personal property taxes that have been phased out. Relative need is measured by calculating a unit’s replacement payment as a percentage of total revenue sources available to the applicable unit for current operating purposes. H.B. 153 also made distinctions among types of levies in implementing the phase-out. Maintaining those distinctions, H.B. 64 slightly modified the phase-out of replacement payments with certain changesasdescribed below.
Fixed Rate, Current Expense Levies. Under H.B. 153, replacement payments for current expense levies were based on certain thresholds. For fiscal year 2012, counties and other local taxing units received payments only if the amount of currentexpenses received from such levies exceeded 4% of total resources. For fiscal year 2013, this threshold percentage was set at 6%. Any amounts over the established thresholds were reimbursed at 100% for counties and all other local taxing units. H.B. 64 maintains a similar structure, but generally accelerates the phase-out of replacement payments for units whose existing replacement payments are a relatively small percentage of total resources. H.B. 64 established new threshold percentage schedules that allow for a complete phase-out.
For counties and other local taxing units, H.B. 64 calls for replacement payments to be made under a similar structure as H.B. 153, except the threshold percentage was reset at 2% for fiscal year 2016, and increases an additional 2% annually until all replacement payments are phased out for these levies.
Fixed Rate, Non-Current Expense Levies. Under H.B. 153, replacement payments for these levies were subjected to a simpler reduction schedule, beginning in calendar year 2012 and reducing such payments by 25% each year until they would have ceased in fiscal year 2015. However, the reductions were not continued in the next biennial budget legislation. Because counties and other local taxing units utilize the calendar year as their fiscal year, a third reduction for counties and other local taxing units had already taken place when the phase-out was halted, resulting in the receipt of only 25% of such levies for those years. For counties and other local taxing units, H.B. 64 completes the phase-out by eliminating replacements with respect to these levies.
Fixed Sum Levies. These include bond and emergency levies and were not affected by H.B. 153 or H.B. 64. For counties and other local taxing units, unvoted debt levies that qualified for reimbursement in 2015 were reimbursed through 2016 for utility property-based replacement payments and through 2017 for business property-based replacement payments.
29 For additional information regarding expected changes to reimbursement amounts, please reference the following website:
http://www.tax.ohio.gov/personal_property/phaseout.aspx.
The Ohio General Assembly has exercised from time to time its power to revisetheOhio statutes applicable to the determination of assessed valuation of property subject to ad valorem taxation and the amount of tax proceeds produced by ad valorem taxation against such property. It is anticipated that the Ohio General Assembly will continue to make similar provisions.
Ohio law provides for numerous tax exemptions for real and personal property to stimulate economic development.
Statutory Procedure and the Levying of Ad Valorem Property Taxes
Ohio law provides for tax credits to offset increases in tax resulting from increases in the true value of real property. Legislation classifies real property as between residential and agricultural property and all other real property, and provides for tax reductionfactorstobe separately computed for and applied to each class. These tax credits apply only to certain voted levies on real property and do not apply to unvoted levies or to voted levies to provide a specified dollar amount or to pay debt charges on general obligation debt.
Statutory procedures limit, by the application of tax credits, the amount realized by each taxing subdivision from real property taxation to the amount realized from those taxes in the preceding year plus: (i) the proceeds of any new taxes (other than renewals) approved by the electors, calculated to produce an amount equal to the amount that would have been realized if those taxes had been levied in the preceding year, and (ii) amounts realized from new and existing taxes on the assessed valuation of real property added to the tax duplicate since the preceding year.
The tax credit provisions do not apply to amounts realized from taxes levied at whatever rate required to produce a specified amount or an amount to pay debt service, or from taxes levied inside the ten-mill limitation or any applicable municipal charter tax rate limitation. To calculate the limited amount to be realized, a reduction factor is applied to the stated rates of the tax levies subject to these tax credits. A resulting “effective tax rate” reflects the aggregate of those reductions, and is the rate based on which real property taxes are in fact collected.
Under statutory procedures, the amount realized by each taxing subdivision from real property taxation (other than amounts realized from taxes levied at a rate required to produce a specified amount, such as for debt service charges or emergency school levies, and taxes levied inside the ten mill limitation or, in the case of municipalities, any applicable charter tax rate limitation) is limited to the amount realized from real property taxes in the preceding year plus: (i) any new taxes (other than renewals) approved by the electorate but calculated to produce an amount equal to what would have been realized if levied in the preceding year and (ii) amounts realized from new and existing taxes on real property added to the tax duplicate since the preceding year. To accomplish this, the Tax Reduction Factor is applied to the stated rates of taxes subject to this reduction levied by the County and its underlying subdivisions. The
30 resulting effective tax rate reflects the aggregate of those reductions and therefore the effective rate at which real property taxes are levied.
See Appendix E for the County Tax Rate Table for all County subdivisions for tax year 2016 (collection year 2017).
The following table sets forth the rates, in mills per $1.00 of assessed valuation, at which the County levied 2012-2016 ad valorem property taxes (for collection in 2013-2017 respectively) for the general categories of purposes with proper Reduction Factors.
Tax Table A
Unvoted Levies Within 10 Mill Voted Levies Limitation Outside 10 Mill Limitation* Community Council Tax Collection General Note Mental Hospital Developmental District Children’s on Year Year Fund Ret. Bridge Health Operating Disabilities Library Services Aging Parks Total 2012 2013 2.33 0.17 0.25 1.50 1.00 3.50 1.00 1.50 1.00 0.00 12.25 2013 2014 2.33 0.17 0.25 1.50 1.00 3.50 1.00 1.50 1.00 0.00 12.25 2014 2015 2.33 0.17 0.25 1.50 1.00 3.50 1.00 1.50 1.40 0.00 12.65 2015 2016 2.33 0.17 0.25 1.50 1.00 3.50 1.90 1.50 1.40 0.90 14.45 2016 2017 2.33 0.17 0.25 1.50 1.00 3.50 1.90 1.50 1.40 0.90 14.45 ______* All levies are reduced by the tax reduction factor; thus only the adjusted charge is collected. Source: Greene County Budget Commission. The voted tax levies for voted bond retirement continue for the life of the bonds authorized by the electors, in the annual amounts sufficient to pay debt service on such bonds as thesamebecomesdue.
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31 The following table presents certain information concerning the County’s voted and ad valorem tax levies stated in mills per $l,000.00 of assessed valuation (except such levies for voted bond issues):
Tax Table B
Millage Rate Levied For First Current Year Levied Last Levied Authorized Collection* Purpose Year Year 2013 1.50 Community Mental Health 2013 2022 2014 1.50 Children’s Services** 2014 2018 2014 3.50 Developmental Disabilities 2014 2018 2014 0.50 Hospital Operating 2014 2018 2015 0.25 Road and Bridge** 2015 2020 2014 1.40 Greene Co. Council on Aging*** 2014 2018 2011 0.50 Hospital Operating 2012 2020 2014 1.90 District Library**** 2015 Continuing 2015 0.90 Parks 2015 2020 ______* These rates are stated as they appear before application of the Reduction Factor. ** Renewed for five years in November 2015. *** Increased from 1.00 to 1.40 mills in May 2014. **** Increased from 1.00 to 1.90 in November 2014 on a continuing basis. Source: Greene County Auditor.
Collection of Ad Valorem Property Taxes and Special Assessments
The following are the amounts billed and collected for County ad valorem taxes, including the total amount billed and collected for the underlying, subdivisions of the County and the amounts attributable to the County, on the tax duplicates, and the special assessments billed and collected, for the indicated tax collection years. “Billed” amounts include the current charges, plus the respective current and delinquent additions, less the respective current and delinquent abatements.
Real Estate, Public Utility and Personal Property County and Underlying Subdivisions
Current Delinquent Tax Collection Total Total Total% Year Year Levied Collected Levied Collected % Collected % 2011 2012 $48,961,924 $46,058,118 94.07% $44,397,519 90.68% $1,660,599 3.39% 2012 2013 49,444,697 46,555,604 94.16 45,190,728 91.40 1,364,876 2.76 2013 2014 49,110,054 46,737,826 95.17 45,531,386 92.71 1,206,440 2.46 2014 2015 50,876,968 48,528,155 95.30 47,366,079 96.75 1,162,076 2.28 2015 2016 52,688,671 50,801,286 96.42 50,396,617 95.65 1,881,659 3.57 ______Source: Greene County Auditor. .
32 Special Assessments County and Underlying Subdivisions
Total Current Current Outstanding Tax Collection Assessments Assessments Assessments Assessments Year Year Levied Receivable Collected % Receivable 2011 2012 $1,131,394 $983,580 $917,325 93.26% $116,638 2012 2013 1,020,134 895,797 831,603 92.83 107,897 2013 2014 802,896 662,962 806,811 121.70 113,046 2014 2015 737,907 617,107 695,271 112.67 109,949 2015 2016 998,783 879,703 728,477 82.81 204,873 ______Source: Greene County Auditor.
Pursuant to Ohio law, the current and delinquent taxes and special assessments are billed and collected by County officials for the County and other taxing or assessing subdivisions in the County.
Included in the above figures for ad valorem property taxes Levied and Collected are certain real property tax relief payments made by Ohio from State revenue sources; such payments are not made with respect to special assessments.
“Homestead” exemptions are made available for the elderly and handicapped(Amended Substitute House Bill 59 of the 129th General Assembly (“H.B. 59”) imposed income limitations on the Homestead exemption but preserved the credit of those who received the credit for tax year 2013 along with those who lived in a manufactured home and is receiving the credit in 2014). In addition, Ohio law provides for the payment to taxing subdivisions from State funds of an amount equaling approximately 10% (12 1/2% with respect to owner occupied residential property) of ad valorem real property taxes levied, thereby reducing the tax obligation of any real property owner in any given year by an equivalent percentage (H.B. 59 removed these reductions for new property tax levies approved at elections held on or after September 29, 2013 but preserved the rollback for existing levies and renewal of existing levies).
As an indication of the extent of such State assistance as applied to the County’s tax collections, the elderly/handicapped homestead payment made by Ohio, and included in the above tax collection figures for 2016 was $1,399,797 and the “rollback” payment made by Ohio was $4,195,895. These figures represent only the County’s share of said payments. Similar payments are also made to many of the underlying subdivisions within the County. No one taxpayer accounts for any significant percentage of any of the delinquencies identified above.
The 2014-2015 State Budget eliminated the 10% reduction and the 2.5% reduction discussed above for taxes levied under new or replacement levies of a political subdivision approved at elections held after October 11, 2013. The State shall continue to reimburse political subdivisions for revenues lost as a result of these rollbacks on existing tax levies, renewal tax levies, and tax levies within the ten mill limitation, discussed below, in thesamemannerasitdid before the 2014-2015 State Budget.
33 The State also provides a homestead exemption to certain elderly or disabled property owners, which enables qualified owners to shield a portion of the value of their home from property taxes. This reduction is reimbursed by the State to political subdivisions. The 2014- 2015 State Budget placed certain additional restrictions on the availability of the homestead exemption for those not eligible for the exemption as of tax year 2013.
While the aforesaid tax reductions may not affect the determination of the principal amount of notes that may be issued in anticipation of any tax levies or the amount of notes or bonds for any planned improvements, if funds for the payment of debt service charges on notes or bonds payable from taxes so reduced are insufficient for such purpose, then the reduction of taxes is adjusted to the extent necessary to provide sufficient funds from real property taxes for the payment of such debt charges.
The following table indicates the property tax revenues of the County’s General Fund (including homestead, rollback and personal property tax exemption payments reimbursed by the State of Ohio), exclusive of any other County Fund:
%Change %Change %Change Real Over Personal Over Over Year Property Prior Year Property Prior Year Total Prior Year 2012 $9,351,832 (4.30)% $975 (39.21)% $9,352,807 (4.35)% 2013 9,465,225 1.21 92 (90.56) 9,465,317 1.20 2014 9,490,141 0.26 -0- (100.00) 9,490,141 0.26 2015 9,598,606 1.14 -0- -0- 9,598,606 1.14 2016 9,799,860 2.10 -0- -0- 9,799,860 2.10 ______Source: Greene County Auditor.
Delinquency Procedures
Taxes for real and public utility personal property for the fiscal year 2016 became a lien on January 1, 2017.
The time for payment of taxes may be, and usually is, extended by the County Commissioners for thirty days. Further extensions may be granted by the Department of Taxation of Ohio. When such extensions are made taxes become delinquent at the expiration of the extended period. Tangible personal property returned as of January 1, 2017, largely represents machinery and equipment, and average inventories held during the year 2016. This and other tangible personal property held on January 1, 2017 bears the real estate tax rate of 2016. See “AD VALOREM TAXES – Assessed Valuation.”
As provided in Section 323.17 of the Revised Code, the time for payment of real estate taxes may be extended by law in cases of emergency. When such extensions are made, taxes become delinquent at the expiration of the extended period.
34 Discounts are not given for prepayment. Penalties and interest for delinquency are as follows:
1. 10% penalty on current taxes if first half current taxes are not received by first half due date.
2. 10% penalty on all current taxes unpaid as of the final date for payment of second half.
3. If the full amount of taxes due at either of the due dates is paid within ten days after such time, the County Treasurer shall waive the collection of and the County Auditor shall remit one-half of the 10% penalty.
4. On the first day of the month following the last day the second half taxes are due, interest in the amount determined by the Tax Commissioner of the State of Ohio shall be charged against all delinquent taxes other than the current year’s taxes. The charge shall be for interest that accrued during the period that began on the preceding first day of December and ended on the last day of the month that included the last date such second half could be paid without penalty.
5. On the first day of December, the interest shall be charged against all delinquent taxes. The charge shall be for interest that accrued during the period that began on the first day of the month following the last date prescribed for the payment of the second installment of taxes in the current year and ended on the immediately preceding last day of November.
The penalty for delinquency on tangible personal property is as follows:
(a) 5% if filed within 60 days of due date.
(b) Subsequent to 60 days, the penalty is 50%. However, if the taxpayer petitions a reduction and shows reasonable cause - this penalty may be reduced:
(i) to 5%, if filed prior to October 1st.
(ii) to 10%, if filed after September 30th.
(c) In all cases where the above provisions are applicable, an additional charge of ½ of 1% per month shall be added for each full month.
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35 The following is a general description of delinquency procedures under Ohio law. The implementation of these procedures may vary in practice among Ohio counties.
If real estate taxes and special assessments are not paid in the year in which they are due, they are certified delinquent by the County Auditor’s office. A list of delinquent properties is then to be published in a newspaper of general circulation in the County. If the delinquent taxes and special assessments are not paid within one year after publication, then the properties are certified as delinquent to the County Prosecuting Attorney. If the property owner requests, a payment plan is arranged with the County Treasurer. If such payment plan is not adhered to or if none is arranged, thenforeclosure proceedings may be initiated by the County. Ohio law also provides for notice by publication and mass foreclosure proceedings and sales after three years’ delinquency.
The County Auditor’s office employs a notification procedure and proceedings in common pleas court to collect delinquent tangible personal property taxes.
Proceeds from the foreclosure sales of delinquent property become part of the current collection and are distributed as current collections to the taxing subdivisions in the County, or, if applicable to special assessments, are remitted to the subdivisions that levied such assessments.
OTHER MAJOR COUNTY FUND REVENUE SOURCES
Described under this caption are major sources of revenue for the County’s general fund in addition to ad valorem taxes.
Sales Tax
Counties in Ohio are permitted to levy a piggyback sales tax of up to one and one-half of one percent (1.50%) pursuant to Sections 5739.021 and 5739.026 of the Revised Code. The County currently levies a one percent (1%) sales tax on retail sales made within the county. Sections 5739.021 and 5739.026 permit the County to levy a piggyback sales tax for various purposes which are set forth below.
Sales Tax Levied under Section 5739.021. Pursuant to Section R.C. 5739.021 of the Revised Code, the County is permitted to levy up to a one percent (1%) sales tax on retail sales made within the county. The sales tax may be levied for the purpose of providing additional revenue for County general fund purposes, supporting criminal and administrative justice services in the County, or both. The sales tax levied under Section 5739.021 of the Revised Code may be authorized by the Board of County Commissioners at any time in increments of one-quarter of one percent (¼%) up to the maximum of one percent (1%), but the authorization of this sales tax is subject to repeal by voter referendum. Further, in the event that a sales tax under Section 5739.021 of the Revised Code is not levied as an emergency measure, the Board of County Commissioners may submit the question of levying the sales tax (or increasing the rate of an existing sales tax) to the electors of the county at a special election. The County is currently levying a one percent (1%) sales tax pursuant to Section 5739.021 of the Revised Code after the County increased the sales tax from one-half to one percent effective February 1, 1987.
36 Sales Tax Levied under Section 5739.026. Pursuant to Section 5739.026 of the Revised Code, the County may levy an additional one-quarter of one percent (¼%) or one-halfofone percent (½%) sales tax on retail sales, for various purposes, which include, but are not necessarily limited to: financing a convention center, providing additional revenue for a county transit authority, provide additional revenue for general fund purposes, provide for additional revenue for permanent improvements under the jurisdiction of the Community Improvement Board, to provide for the implementation of a 9-1-1 system, to provide additional revenue for the operation or maintenance of a detention facility, or to provide revenue for the construction or renovation of a sports facility. An existing one-quarter of one percent (¼%) sales tax under Section 5739.026 of the Revised Code may be increased to one-half of one percent (½%). Further, a one-quarter of one percent (¼%) or one-half of one percent (½%) sales tax levied under Section 5739.026 of the Revised Code is subject to voter approval, except when it is levied solely to provide additional general fund revenues, in which case it is subject to repeal by voter referendum. The sales tax levied pursuant to Section 5739.026 of the Revised Code (one-quarter of one percent (¼%) or one-half of one percent (½%)) is levied in addition to the one percent (1%) county sales tax that may be levied under Section 5739.021 of the Revised Code. The County is currently not levying levy an additional one-quarter of one percent(¼%)orone-halfof one percent (½%) sales tax under Section 5739.026 of the Revised Code.
The County is currently levying a one percent (1%) sales tax pursuant to Section 5739.021 of the Revised Code. This tax was one of the largest sources of revenues for the County in 2016, yielding $27,054,015.†
Changes to Ohio Sales Tax
On June 30, 2017, Ohio Governor John Kasich signed Am. Sub. H.B. 49 (“H.B. 49”) which is the budget for the 2018-2019 biennium. Beginning July 1, 2018, H.B. 49 will permit a county to levy a sales tax under Section 5739.021 of the Revised Code for the purpose of funding a regional transportation improvement project, which is in addition to purposes currently provided for in Section 5739.021 of the Revised Code. Further, H.B. 49 will permit a county to increase a sales tax levied under Section 5739.021 of the Revised Code in increments of one- 1 tenth of one percent ( /10%) up to the maximum of one percent (1%).
With respect to the sales tax levied under Section 5739.026 of the Revised Code, H.B. 49 will permit a county to levy no more than a one-half of one percent (½%) sales tax on retail sales 1 at any multiple of one-tenth of one percent ( /10%). In addition, H.B. 49 will permit a county to increase an existing sales tax levied under Section 5739.026 of the Revised Code in any multiple 1 of one-tenth of one percent ( /10%).
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† Real estate taxes and Intergovernmental revenue bring in a larger percent of total income, but are not a single source of income. There are multiple property tax levies and grants.
37 Sales Tax on Medicaid Managed-Care Organizations
From 2005 to 2009, the State of Ohio levied a five and one-half percent (5 ½%) franchise tax on services provided through Medicaid Managed-Care Organizations (“Medicaid MCOs”) as such tax was permissible under federal law. However, effective October 1, 2009, the franchise tax levied on Medicaid MCOs became impermissible under the Deficit Reduction Act of 2005. In September 2009, Ohio repealed its franchise tax on Medicaid MCOs and implemented a five and one-half percent (5 ½%) state sales tax on services provided by Medicaid MCOs. Through the use of the piggyback sales tax, counties in Ohio, such as the County, benefited from the sales tax on Medicaid MCOs. For the County, approximately $1.3-1.4 million of allsalestax revenues collected are attributable to the sales tax levied on Medicaid MCOs.
On July 25, 2014, Centers for Medicare & Medicaid Services (“CMS”) advised that taxing Medicaid MCOs (but not other non-Medicaid MCOs) at the same rate as a statewide sales tax constituted a health care related tax and, thus, impermissible under the Deficit Reduction Act of 2005. In addition, CMS instructed that states that levied a sales tax on Medicaid MCOs would be given until the end of each state’s next budget session to either eliminate or amend its sales tax to comply with the Deficit Reduction Act of 2005. The deadline for Ohio to eliminate or amend its sales tax as it relates to MCOs was June 30, 2017. If Ohio eliminated the sales tax on Medicaid MCOs, it estimated that Ohio counties would lose approximately $180 million in sales tax revenue annually. Specifically, it is expected that the County would lose approximately $1.3-1.4 million annually if the sales tax on Medicaid MCOs was eliminated.
In January 2017, Ohio Governor John Kasich submitted his 2018-2019 biennial budget to the Ohio General Assembly. In an effort to conform with federal law, Governor Kasich proposed a new Health Insurance Corporation (“HIC”) provider tax. Under Governor Kasich’s proposed budget, the HIC tax would be temporary and would only be levied during the 2018- 2019 biennial period. Further, to implement the HIC tax, the Ohio Department of Medicaid requested, and received, a waiver fromCMSwhichallowedOhiotocircumvent the “broad- based and uniformity” requirement to create the HIC tax. However, because the HIC tax is not a sales tax, Ohio counties are unable to generate revenue through the HIC tax.
To address the loss of revenues to Ohio counties as a result of the elimination of the sales tax Medicaid MCOs, Governor Kasich proposed transitional support payments to Ohio counties which consist of two components. The first component is a lump sum payment made to all Ohio counties covering the last quarter of 2017. Each county’s share would be a product of the average distribution based on collections in 2015 and 2016 using the tax rate in place at the end of 2016 and then multiplying that amount by 25 percent. The second component involves a one- time payment to Ohio counties based on an 8-part formula which involves taking the average amount that would have been received under the previous structure, determining the annualized distributions over the next four years and applying an “absorption rate” built on a county’s capacity. Under Governor Kasich’s proposed plan, the County’s transitional support payment would amount to approximately $681,774 of the County’s estimated $1.3-1.4 million annual loss as a result of the elimination of the sales tax on Medicaid MCOs.
38 The Ohio General Assembly passed a revised budget to Governor Kasich’s 2018-2019 budget. As part of this revised budget, the General Assembly proposed that the Ohio Department of Medicaid request approval from CMS to effectively increase the HIC tax rate and provide continuing payments to counties and transit authorities adversely affected by the transition of eliminating the sales tax revenue derived from MCO’s and transitioning to an HIC tax. The General Assembly’s MCO/HIC proposal differs from the reimbursement plan originally proposed by Governor Kasich, in that, it effectively increasesHICtaxrateand provides continuing payments to counties and transit authorities, as opposed to Governor Kasich’s original proposal to provide a one-time allocation to counties and transit authorities payable in two installments over the next year. The General Assembly’s revised proposal was vetoed by Governor Kasich as he believed that the request would jeopardize the existing waiver that the Ohio Department of Medicaid received from CMS to create the HIC tax.Aveto override has passed the Ohio House of Representatives and is currently pending in the Ohio Senate. Should the Senate override the veto, the proposed replacement planwouldstillface administrative challenges with the current state and federal administrations prior to going into effect.
Historic Sales Tax Collections
The County’s historical sales tax receipts for the last five years are as follows:
Year Percentage Sales Tax Revenues* 2012 1.00% $22,609,623 2013 1.00 22,864,596 2014 1.00 24,031,857 2015 1.00 26,262,578 2016 1.00 27,054,015 ______* For the impact of decreased sales tax revenues in conjunction with Medicaid Managed Care Organizations, please refer to “GREENE COUNTY, OHIO – Permissive Taxes” herein. Source: Greene County Auditor. Local Government Fund
The Ohio Local Government Fund was created by statute and is comprised of designated State revenues which are distributed to each county and then allocated between the county and the cities, villages and townships located in the County on the basis of statutory formulas. Local Government Fund receipts by the County for allocation between the County and its subdivisions and the portion retained for the County in recent years are outlined below:
Total Received Portion Retained % Retained Year for Distribution By County by County 2012 $5,789,651 $2,315,861 40.00% 2013 4,397,193 1,758,877 40.00 2014 4,427,662 1,771,065 40.00 2015 4,702,065 1,880,826 40.00 2016 4,593,815 1,837,526 40.00 ______Source: Greene County Auditor.
39 Federal Funds
The County receives federal funds for a variety of major and non-major federal programs. Total federal assistance, as reported on the County’s Schedule of Federal Awards Expenditures, approximated the following:
Federal Funds*
Year Amount 2012 $10,297,351 2013 10,077,437 2014 9,854,640 2015 12,413,299 2016 11,205,886 ______* Includes only those federal receipts required to be on the Schedule of Federal Awards Expenditures in accordance with OMB Circular A-133. This does not include food stamps and certain other Human Service Programs which are considered to be expenditures and are audited at the State level.
The County allocated some of these federal funds and additional state fundstothe following programs.
Small City Block Grant
Year Amount 2012 $243,060 2013 533,007 2014 215,719 2015 381,404 2016 257,776
State and Federal Funds Juvenile Justice Grant
Year Amount 2012 $1,093,760 2013 789,595 2014 810,765 2015 1,018,022 2016 784,382
State Funds Ohio Youth Commission Grant
Year Amount 2012 $1,344,226 2013 1,419,448 2014 886,791 2015 1,484,535 2016 1,638,445
40 Beginning in July 2000 the County began receiving funds from the Workforce Investment Act through the County Jobs and Family Services Department. These funds totaled $1,134,238 in 2016.
Revenues From County Properties The County received the following amounts in rental payments from the leasing of space in various County buildings during the last five years:
Rental Receipts
Year Amount 2012 $86,807 2013 207,704 2014 138,231 2015 133,888 2016 166,097 ______Source: Greene County Auditor.
County General Fund
The following table shows the County’s current General Fund balance and theyear-end balance for the last five years:
Year General Fund Balance 2012 $18,915,909 2013 22,284,618 2014 21,220,609 2015 26,467,877 2016 28,466,094 July 21, 2017 26,440,947 ______Source: Greene County Auditor.
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41 SECURITY AND SOURCES OF PAYMENT FOR COUNTY GENERAL OBLIGATION BONDS AND NOTES
Ad Valorem Property Tax Security
The basic security for the unvoted general obligation debt of the County is the County’s ability to levy, and its pledge to levy, an ad valorem tax on all the taxable property in the County within the ten-mill limitation, imposed by the Ohio Constitution and laws, for the County and overlapping political subdivisions (described in detail under “COUNTY DEBT AND LONG TERM OBLIGATIONS – Indirect Debt Limitations”), in sufficient amount to pay, as the same becomes due, the principal of and interest on the outstanding unvoted general obligation bonds, bond anticipation notes and certificates of indebtedness of the County and the overlapping subdivisions. The laws of the State of Ohio require that the levy for debt service has priority over any levy for current expenses within such ten-mill limitation.
Chapter 9 of the Federal Bankruptcy Code contains provisions relating to the adjustment of debts of a State’s political subdivisions, public agencies and instrumentalities (“eligible entity”), such as the County. Under the Bankruptcy Code and in certain circumstances described therein, an eligible entity may be authorized to initiate Chapter 9 proceedings without prior notice to or consent of its creditors, which proceedings may result in material and adverse modification or alteration of the rights of its secured and unsecured creditors, including holders of its bonds and notes. The County may only initiate Chapter 9 proceedings with the approval of the Tax Commissioner of Ohio.
The Bankruptcy Code also protects holders of municipal revenue bonds, by providing that special revenues acquired by the eligible entity after the commencement of bankruptcy proceedings remain subject to any lien resulting from any security agreement entered into by the eligible entity before commencement of the proceedings.
Section 133.36 of the Ohio Revised Code permits a political subdivision, such as the County, for the purpose of enabling such subdivision to take advantage of the provisions of the Bankruptcy Code, and for that purpose only, and upon approval of the State Tax Commissioner, to file a petition stating that the subdivision is insolvent or unable to meet its debts as they mature, and that it desires to effect a plan for the composition or readjustment of its debts, and to take such further proceedings as are set forth in the Bankruptcy Code as they relate to such subdivision. The taxing authority of such subdivision may, upon like approval of the State Tax Commissioner, refund its outstanding securities, whether matured or unmatured, and exchange refunding bonds for the securities being refunded. In its order approving such refunding, the State Tax Commissioner shall fix the maturities of the bonds to be issued, which shall not exceed thirty years. No taxing subdivision is permitted, in availing itself of the provisions of the Bankruptcy Code, to scale down, cut down or reduce the principal sum of its securities except that interest thereon may be reduced in whole or in part.
The basic security for the voted general obligation debt of the County is the authorization of the electors of the County to levy ad valorem taxes on all real and personal property in the County subject to ad valorem taxation by the County. The tax is to be in sufficient amount to pay (to the extent not paid from other sources), as it becomes due the debt service on the voted
42 bonds, subject to the 3%, 1½%, 2½% limitation discussed in “COUNTY DEBT AND OTHER LONG TERM OBLIGATIONS” below affecting creditors’ rights.
Ohio law requires the levy during the period in which general obligation bond anticipation notes run of ad valorem property taxes in an amount not less than that which would have been levied if bonds had been issued without the prior issue of the notes. Such levy need not actually be collected if payment in fact is to be provided from other sources (see “BOND ANTICIPATION NOTES” herein).
Sources of Payment
In addition to the basic ad valorem property tax security described above, each resolution authorizing the issuance of the County’s general obligation bonds or notes issued in anticipation thereof provides further security by making a pledge of the full faith, credit and revenues of the County for the payment of debt service on such bonds or notes as the same becomes due. Included in such general pledge are all funds of the County, except those specifically limited to another use or prohibited from use for such debt service by the Ohio Constitution, or Ohio or federal law, or revenue bond trust agreements, such as tax levies voted for specific purposes, taxes levied for debt service on voted general obligation bond issues, and certain utility revenues. As discussed herein, only voted general obligations are payable from unlimitedadvalorem property taxes.
The County expects that the debt service on certain unvoted general obligation debt of the County will in fact be paid from sources other than the ad valorem property tax, such as utility revenues and special assessments. Should these other revenues for any reason become insufficient to pay debt service on the bonds described above, and on any notes issued in anticipation thereof, the County is required by Ohio law to levy and collect the above-described ad valorem taxes to pay such debt service.
In addition, pursuant to Section 133.08 of the Revised Code, the County may issue Revenue Bonds payable solely from the revenues of the given utility, airport, stadium, or other projects permitted by the statute for which the bonds were issued. These bonds are not supported by the underlying taxing power of the County.
INVESTMENT CONSIDERATIONS
General
All obligations of the County are subject to changes in value due to changes in the condition of the tax exempt bond market and/or changes in the financial position of the County.
Prospective purchasers of the County’s obligations may need to consult their own tax advisors prior to any purchase as to the impact of the Internal Revenue Code of 1986, as amended, upon their acquisition, holding or disposition of such obligations.
With regard to the risk involved in a lowering of the County’s bond rating, see the section on “RATINGS” in any Official Statement supplementing this Annual Statement for the particular bond or note issue.
43 For a further description of the risks associated with the purchase of particular issues of bonds, notes or certificates of indebtedness of the County, please refer to the “INVESTMENT CONSIDERATIONS” or “RISK FACTOR” section in any Official Statement supplementing this Annual Statement.
In general, where the County expects to refund a note issue or certificates of indebtedness with an issue of bonds or renewal notes or certificates, and where unfavorable market conditions are combined with a State-imposed interest rate ceiling, the County could experience difficulty in receiving any bids for the refunding or renewal issue.
Local Fiscal Emergency Legislation
Chapter 118 of the Revised Code of Ohio (hereinafter in this section of this Annual Statement the “Act”) provides methods for dealing with fiscal emergencies of municipal corporations, counties and townships in Ohio. The Act applies only to those municipal corporations, counties and townships which are determined to have circumstances that constitute the existence of a fiscal watch or a fiscal emergency condition and therefore a fiscal watch or a fiscal emergency pursuant to Sections 118.021, 118.022, 118.03 and 118.04 of the Revised Code, as set forth in the Act.
Section 118.022 of the Ohio Revised Code sets forth a series of conditions that constitute grounds for a fiscal watch. If a fiscal watch is determined to exist, the municipality, county or township is provided technical and support services by the State Auditor’s Office to restore financial stability. If the fiscal watch conditions are not remedied, the municipality, county or township will remain under fiscal watch or be reclassified to a fiscal emergency.
Section 118.03 of the Ohio Revised Code sets forth a series of circumstancesthatare defined “fiscal emergency conditions.” If a fiscal emergency condition is determined to exist, the municipality, county or township is subjected to state oversight through a seven-member Financial Planning and Supervision Commission (hereinafter in this section of this Annual Statement the “Commission”). The Commission is assisted by certified public accountants designated as the Financial Supervisor to be engaged by the Commission. The Auditor of State may also be required to assist the Commission.
A municipal corporation, county or township subject to the Act because of the existence of a fiscal emergency must develop and submit a detailed financial plan for the approval or rejection of the Commission. Among other matters, the financial plan must show the actions to be taken by such a municipal corporation, county or township to eliminate existing fiscal emergency conditions, avoid future fiscal emergency conditions, and to restore such a municipality’s, county’s or township’s ability to market long-term debt obligations under state laws generally applicable to Ohio political subdivisions.
The Commission must approve the amount and purpose of any issue of debt obligations. The Commission, or when authorized by the Commission, the Financial Supervisor, among other powers, shall require the municipal corporation, county or township to establish monthly levels of expenditures and encumbrances consistent with the financial plan and shall monitor such monthly levels and require justification to substantiate any departure from an approved level.
44 The Commission must disapprove the issuance of debt obligations if the issuance would impede the purposes of the financial plan or be inconsistent with the financial plan or the Act; debt limits would be exceeded; the ability of overlapping subdivisions to issue unvoted faith and credit debt obligations would be impaired; and their issuance would be likely to lead to the reallocation of minimum levies of other political subdivisions. Expenditures may not be made contrary to an approved financial plan. Expenditures may not be made contrary to a proposed financial plan after it is submitted to the Commission and before it is approved or disapproved; and if it is disapproved, no expenditures may be made which are inconsistent with the reasons given for disapproval.
The Act provides, among other requirements and provisions, that a municipality, county or township subject to such Act must develop an effective financial accounting and reporting system; budgets, appropriations and expenditures are to be consistent with the purposes of the financial plan; permits the issuance of Local Government Fund Notes, payable solely from such a municipal corporation’s, county’s or township’s share of the local government fund pursuant to restrictions imposed by such Act; such a municipal corporation, county or township may include certain covenants in its debt obligations, including a state pledge not to repeal such Act; and permits the municipality to issue current revenue notes and advanced tax payment notes pursuant to the authorization and subject to the restrictions of such Act.
The County Auditor has reviewed applicable portions of the Act and has reviewed records pertaining to the County’s circumstances with respect to the Act. The County Auditor, based upon her understanding of the Act, is of the opinion that, with respect to the County, no circumstances or conditions exist that will cause a fiscal emergency conditiontobedetermined to exist under the Act.
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45 GREATER GREENE-LITTLE MIAMI SEWER DISTRICT
General
The Greater Greene-Little Miami Sewer District (the “District”) is a single administrative district established by the Board of Greene County Commissioners on May 5, 1964, by merger of the Little Miami Sewer District (established June 1959) and the Mad River, Massie Creek and Sugarcreek Sewer Districts (all established January, 1960) with the remainder of the County. The District encompasses all unincorporated areas of the County and any municipalities that have petitioned to join. For sewer service, those include the Cities of Beavercreek, Bellbrook, Centerville, Kettering, and the Villages of Cedarville, Clifton and Spring Valley. For water service, those include the Cities of Beavercreek, Centerville and Kettering and the Village of Cedarville. The District includes separate water systems and sewer systems.
The County operates public water supply improvements within the District consisting of several complete public water supply systems (for which the County produces and distributes water) and several purely distribution systems (for which the County purchases water from other governmental public water suppliers). Collectively, these improvements are known as the “Water System” or the “System.” The complete public water supply systems include the “Northwest Regional” Water Supply and the “Southwest Regional” Water Supply. The distribution systems include the “Dayton,” “Concept,” “Swigart,” “Clyo” and “Kitridge” areas (City of Dayton source), the “Fairborn” area (City of Fairborn source) and the “Eastern Regional” area (City of Xenia source).
Pursuant to Sections 6103.02 and 6117.02 of the Ohio Revised Code, revenuesderived from operation of the Water and Sewer Systems, respectively, must be applied first to the conduct, management and operation of the Water and Sewer Systems, second to payment of interest or principal of any loan, indebtedness or liability incurred in connection therewith, and any surplus remaining for the enlargement, replacement or extension of the Water and Sewer Systems, but in no case for any use not to the benefit of the Water and Sewer Systems.
Management
The Water System and the Sewer System are managed for the County Board of County Commissioners by the Sanitary Engineering Department. The County Sanitary Engineering Department was created in 1966.
The Director of the Sanitary Engineering Department is responsible for total District, System and Department management, under policies established by the Board of Greene County Commissioners and State law to assure that operations, projects and programs are properly established and maintained within appropriate guidelines.
Method of Accounting
The Water System (Water Revenue Fund) and the Sewer System (Sewer Revenue Fund) operate day-to-day on a cash basis of accounting. For reporting purposes in the Comprehensive Annual Financial Report of the County, however, the accounting records are converted to the accrual basis, under which revenues are recognized in the accounting period when they become
46 measurable and available; expenditures are recognized when goods and services are received and the County becomes liable for payment; and unmatured interest on general long-term debt or special assessment debt is recognized as an expenditure only when due.
Encumbrance accounting is utilized by the County in the normal course of operations for purchase orders and contract-related expenditures. An encumbrance is a reserve on the available spending authority due to a commitment for a future expenditure and does not represent a liability. Encumbrances outstanding at year-end are treated as a reserve to the fund balance and are carried forward to the next fiscal year.
The accounting system provides for adequate internal accounting controls designed to provide reasonable assurance regarding (a) the safeguarding of assets against loss from unauthorized use or disposition and (b) the reliability of financial records for preparing financial statements and maintaining accountability for assets.
An annual, independent audit of the County is performed by the Auditor of State in accordance with generally accepted auditing standards.
Employees and Payroll
As of December 31, 2016, the District had 11 employees engaged in Water System tasks, 20 employees in Sewer System tasks and 44 employees engaged in both sewer andwatertasks.
Presently, 12 of the 65 eligible employees of the District are dues paying members of the District bargaining unit. The current agreement between the County and union expires on December 31, 2017.
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47 Greene County Sanitary Engineering Department Top Management Structure 2017
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48 THE WATER SYSTEM
Description
The Water System is a relatively “new” utility with the majority of components constructed since 1978. A tabulation of system components, effective January 1, 2017 is shown below. As of January 1, 2017, there were 17,679 connections (approximately 44,198 persons based on July 2011 census of 2.5 per household) to the Water System.
The District currently operates three (3) water treatment plants. The Water System produced and purchased for distribution 1.848 billion gallons of drinking water during 2016.
A summary of distribution system, customer connection, and water production/purchase growth for the period 2012-2016 is found on the pages that follow.
Greene County Public Water Supply System Component Tabulation
AREA WATER SUPPLY WATER TREATMENT WATER DISTRIBUTION Capacity Capacity Storage Connections Storage Type (MGD) Type (MGD) (MG) (1 Jan 2017) (MG) Northwest Regional Wells (13) 8.3 I 11.3 3.50 14,794 8.25 Southwest Regional Wells (2) 0.432 II 0.432 0.550 328 0.25 Dayton, Concept, Swigart, Clyo, Kitridge (City of Dayton) N/A N/A N/A N/A 752 N/A Fairborn (City of Fairborn) N/A N/A N/A N/A 24 N/A Eastern Regional* (City of Xenia) N/A N/A N/A N/A 1,779 1.25 Bellbrook N/A N/A N/A N/A 2 N/A ______WATER TREATMENT TYPE: I - Aeration/detention, filtration, fluoride adjustment, disinfection II - Disinfection III - Fluoride adjustment
*Eastern Regional services Wilberforce, Shawnee Hills and Cedarville areas.
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49 Greene County Public Water Supply System Growth History 2012 – 2016
Water Mains Customer Water Consumed Year (Miles) Connections (Gal.) 2012 365.7 17,077 1,641,617,000 2013 365.7 17,181 1,499,217,000 2014 365.7 17,297 1,426,824,000 2015 365.7 17,453 1,442,280,000 2016 365.7 17,679 1,492,742,000
Operations
The Water System pumped an average of approximately 4.75 million gallons of water per day in 2016 with a maximum peak day of 6.84 million gallons. The average user requires approximately 250 gallons per day, which translates into an average monthly bill for the year 2016 of approximately $42.32. The ten largest users (by total revenue) for the year 2016 were:
Consumption/ Name Nature of Business Gallons Water Revenue* 1. Soin Medical Center Hospital 19,703,000 $ 104,342 2. Trinity Nursing Home Nursing Home 11,463,000 64,532 3. Elano Corporation Manufacturing 11,319,000 54,633 4. Wilberforce University Education 7,730,000 47,771 5. Meijer Inc Site #107A Retail Store 5,000,000 43,379 6. Sterling House Assisted Living 6,319,000 35,003 7. Hilton Garden Inn Hotel/Restaurant 6,300,000 34,957 8. The Greene Town Center Mall Stores-Plum St. 6,338,000 32,269 9. The Greene Town Center Mall Stores-Glengarry 4,200,000 31,921 10. Mike’s Express Car Wash Car Wash 6,578,000 31,499 TOTAL 84,950,000** $480,306*** ______* These figures reflect revenues at 2016 rates. ** Represents approximately 5.69% of the Water System’s total consumption in 2016. *** Represents approximately 4.92% of the Water System’s total revenues for 2016.
Rate Covenant
The County has covenanted to maintain certain rates and collect certain charges for the Water System, sufficient to produce net revenues available for debt service as a percentage of debt service on all outstanding water revenue bonds of at least 120%, as further provided in the bond documentation related to each specific series of water revenue bonds.
50 Rates (User Charges, Tap-In Fees, and Other Charges)
User charges and tap-in fees are identical for any service area of the Water System. The current user charge and tap-in fee schedule, established by the Greene County Board of County Commissioners with Resolution No. 14-1-7-5, is set forth below. These changes became effective on March 1, 2014. User charges and tap-in fees of the System are not subject to regulation by the Public Utilities Commission of Ohio or any other local, state or federal agency.
User Charges
For the entire Greater Greene-Little Miami District, no exclusions:
Year 2016 Monthly Minimum Charge Meter Size 0-1,000 Gallons ǫ´ $13.13 ¾” $24.35 1” $46.08 1½” $101.61 2” $168.12 3” $322.08 4” $529.91 6” $1,093.09 8” $1,748.57
Wholesale Charge Over 1,000 gallons monthly $4.49/1,000 gallons Irrigation Service Rate Irrigation Service Rate $5.62/1,000 gallons
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51 Tap-In Fees
Based on the relative maximum safe operating capacity of the water meter, per American Water Works Association C700, tap-in fees for Domestic Service, Irrigation Meters and Fire Protection Lines are based on relative carrying capacity of the size line for the same velocity of flow for fire protection lines. For the Greater Greene-Little Miami Sewer District served by entirely Board of County Commissioners owned facilities, effective January 1, 2009:
Domestic Irrigation Meter or Service Meter Fire Protection Line Size Tap-In Fee Tap-In Fee Line Tap-In Fee 5/8” $ 3,500 $ 400 --- 3/4” 5,250 600 --- 1” 8,750 1,000 --- 1½” 17,500 2,000 --- 2” 28,000 3,200 $ 200 3” 56,000 6,000 580 4” 87,500 10,000 1,260 6” 175,000 20,000 3,680 8” 280,000 32,000 7,880 10” ------14,240
Tap-in fees for the Greater Greene-Little Miami Sewer District served by the County under an agreement with a person, firm or corporation that specifies a greater tap-in fee than that charged for entirely Board of County Commissioners owned facilities, shall be the tap-in fee established under said agreement.
Fees for meters larger than eight inches (8”) or lines larger than ten inches (10”) in diameter may be obtained from the Sanitary Engineer upon written request.
Equalization Charge
Certain county constructed water projects require that when a property abutting the water line is split or subdivided, each newly created lot or parcel pay the equivalent of the tentative assessment for the project in cash with the tap-in fee at the time of obtaining the tap-in permit, before making connection to the water system. The equalization charge (if any) for a particular property may be obtained upon request from the Greene County Sanitary Engineering Department.
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52 Connection Charges
Connection Charges are as follows:
Meter Size Connection Charge ǫ´ $240 ¾” 270 1” 300 1½” 460 2” 560
For any meters larger than two inches (2”) and for special meters, the connection charge will be based on the cost of the meter plus labor costs for the installation.
Other Expenses
All other costs involved in a connection described above, including the installation of the service line, service valves, meter yokes, construction of meter pits, etc., shall be paid by the applicant directly to any person or business registered by the County to perform such service.
History
The rates and connection fees charged to users of the Water System are detailed previously, herein. The increased rates were effective as of March 1, 2015. The previous rates, current rates and a comparison of typical bills under previous rates and current rates are shown in the following table:
Monthly Charge Bill for Usage per 1,000 Average Period (Gallons) Gallons Usage** 0-1,000 11.66* 2002 – 2009 1,001 and over 3.99 37.60 0-1,000 12.01* 2010 1,001 and over 4.11 38.73 0-1,000 12.37* 39.87 2011 1,001 and over 4.23 0-1,000 12.62* 40.64 2012-2013 1,001 and over 4.31 0-1,000 12.87* 41.47 2014 1,001 and over 4.40 0-1,000 13.13* 42.32 2015-2016 1,001 and over 4.49 ______* Minimum monthly charge for 5/8” (residential size) meter. ** Based on monthly usage of 7,500 gallons.
53 The County intends to adjust rates as needed to continue to produce net revenues available for debt service in accordance with the County’s rate covenant for its outstanding water revenue bonds.
Comparable Water Rates
Based upon current water rates in the County, the average monthly residential water bill in 2017 will be approximately $42.32 for 7,500 gallons of water used. Comparable average monthly water rates for communities in the region during 2016 were as follows:
Comparable Average Monthly Water Rates
Location Rate Miami County (Troy) $75.01 Miami County (Tipp City) 75.00 Miamisburg 61.77 Greene County 42.32 Butler County 39.41 Montgomery County (Kettering) 38.24 Montgomery County (Riverside) 38.24 Clark County 35.87 Warren County 33.38 Clermont County 22.55 ______Source: City of Oakwood Ohio, Department of Finance 2017 Water Rate Survey.
Billing and Collection Procedures
All water bills are issued, collected and processed by the County on a monthly basis. All bills are due on the due date appearing on each bill. After the due date, a seven and one-half percent (7.5%) late payment penalty may be added to the balance. Customers with delinquent balance of $80 or more are sent arrears notice during the first week of the month. If still unpaid by the second week, the customer receives water service shut-off notice advising that service will be terminated in two (2) working days if delinquent balance remains unpaid after shut-off notice due date.
Historical and Projected Financial Data
Under the bond documentation related to each series of water revenue bonds, the Water System rates and charges must be sufficient to produce gross revenues adequate to meet the reasonable expenses of operation and maintenance, the debt service requirements of such bond documentation, including additional reserves, and to assure the normal growth and sound operation of the Water System. Failure to maintain the required coverage ratio can be an event of default if remedial action is not taken.
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54 Selected Historical Financial Information Greene County Sanitary Engineering Water Fund Debt Service Coverage
Historical
2012 2013 2014 2015 2016 Revenues Water Service Charges $9,337,443 $8,817,823 $8,846,095 $8,998,547 $9,496,529 Connection Fees/Tap-in 983,474 500,383 829,353 893,619 1,201,457 Other 403,390 371,023 305,493 301,395 335,884 Total Pledged Revenues 10,724,307 9,689,229 9,980,941 10,193,561 11,033,870
Expenses Personnel Expenses (1,985,248) (1,975,820) (2,023,660) (2,129,255) (2,176,791) Contract Services (522,207) (628,278) (513,460) (572,665) (655,568) Utilities (1,488,500) (1,521,803) (1,454,057) (1,593,112) (1,689,647) Equipment, Materials & Supplies (591,198) (521,550) (580,775) (532,521) (475,972) Miscellaneous (42,538) (48,772) (44,901) (60,733) (54,483) Total Operating & Maintenance Expenses (4,629,691) (4,696,223) (4,616,853) (4,888,286) (5,052,461)
Net Income Available for Debt Service $6,094,616 $4,993,006 $5,364,088 $5,305,275 $5,981,409
Principal and Interest Requirements on Revenue Bonds $3,260,374 $2,992,013 $2,715,714 $1,430,026 $1,175,850
Principal and Interest Requirements on all Obligations $4,187,655 $3,926,379 $3,549,403 $4,067,181 $3,277,063
Total Debt Service Coverage 1.46x 1.27x 1.51x 1.30x 1.83x Revenue Bonds Debt Service Coverage 1.87x 1.67x 1.98x 3.71x 5.09x
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55 Selected Projected Financial Information Greene County Sanitary Engineering Water Fund Maximum Debt Service Coverage
Projected
2017 2018 2019 2020 2021 Revenues Water Service Charges1 $9,300,000 $9,346,500 $9,393,233 $9,440,199 $9,487,400 Tap-in/Connection Fees 700,000 707,000 714,070 721,211 728,423 Other 320,000 323,200 326,432 329,696 332,993 Total Pledged Revenues 10,320,000 10,376,700 10,433,735 10,491,106 10,548,816
Total Operating & Maintenance Expenses2 (5,879,286) (6,018,839) (6,183,154) (6,352,236) (6,526,227)
Net Income Available for Debt Service $4,440,714 $4,357,861 $4,250,581 $4,138,870 $4,022,589
Principal and Interest Requirements on Revenue Bonds $1,429,188 $1,423,938 $1,424,925 $1,418,400 $1,409,625
Principal and Interest Requirements on all Obligations $4,022,119 $4,022,119 $4,022,119 $4,022,119 $3,650,039
Total Debt Service Coverage 1.10x 1.08x 1.06x 1.03x 1.10x Revenue Bonds Debt Service Coverage 3.11x 3.06x 2.98x 2.92x 2.85x ______1 Assumes 0.5% customer growth rate 2 Assumes yearly average increase at 2% over five years.
Greene County Sanitary Engineering Water Fund Five-Year 2012-2016 Overview
Greene County Sanitary Engineering Water Fund maintains its financial records on a cash basis encumbrance accounting system. Annual operating and capital improvements program budgets are developed which serve as the basis of financial operations during the ensuing year. The Audited financial statements are prepared on the accrual basis in accordance with generally accepted accounting principles. The amounts used in this discussion represent information taken directly from financial reports using the cash basis encumbrance accounting system.
While individual revenue and expense items fluctuate on a year-to-year basis, Greene County Sanitary Engineering Water Fund’s operating results for the five years 2012-2016 reflect overall financial stability of the system.
Revenues from Water Service Charges have increased 2% from 2012 through 2016 which is a reflection of a rate increase in 3%; 2012, 2%; 2014, 2%; 2015, 2% growth in customer connections, and a decrease in water usage due to the wet weather conditions during 2013, 2014 and 2015.
Revenue from Connection and Tap-in charges increased by approximately 22% from 2012 through 2016. Over the past several years new constructions has continued to grow, since the 2009 recession.
56 Total Operating Expenses during this five-year period increased 9%. Personnel costs increased approximately 10% due to filling vacant positions, increased health insurance cost and modest wage increases. Utilities increased approximately 14% as a result of purchased services usage fluctuations and price increases. In addition electric cost savings were realized through a fixed price Generation Supply Agreement with MidAmerican Energy scheduled to expire in 2018. Ongoing cost management programs have helped to restrain growth in other operating costs.
In May, 2013, Greene County advance refunded the $21,490,000 Water Revenue Refunding Series 2004 Bonds resulting in average annual savings of approximately $95,000. In July, 2016, Greene County advance refunded the $7,220,000 Water Revenue Refunding Series 2010 Bonds which resulted in an estimated average annual savings of approximately $42,000.
Overall, the periodic rate increases and cost management efforts have enabled Greene County Sanitary Engineering Water Fund to maintain stable debt service coverage.
THE SEWER SYSTEM
Description
As of December 31, 2016, the District had 23,734 connections (or approximately 59,335 persons based on July 2011 census of 2.5 persons per household) located in the County, and provided treatment for an additional 9,449 connections located in Montgomery and Warren Counties.
The District currently operates four (4) wastewater treatment plants. During 2016 the District treated and purchased treatment services for approximately 5.70 billion gallons of sewage.
All of the County’s wastewater treatment plants (Beavercreek, Cedarville, Clifton and Sugarcreek), are currently in compliance with their NPDES Permits.
Currently, sludges produced at the Cedarville and Clifton wastewater treatment facilities are transported to Beavercreek and combined with sludge produced at that facility where it is processed and dewatered on site. Sludge produced at the Sugarcreek wastewater treatment facility is processed and dewatered on site. Dewatered sludge is then disposed of at Quasar Energy Group where natural gas is extracted and solids are land applied to farms.
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57 Greene County Public Sewerage System Component Tabulation*
Area Collection System Treatment System
Pumping Service Pipe (l.f.) Manholes Stations Connections Beavercreek 1,466,105 6,623 10 15,049 Greene County “Beavercreek” Sugarcreek 521,978 2,506 3 14,469** Greene County “Sugarcreek” Concept 65,194 311 0 879 Montgomery County “Eastern Regional” Grangeview 12,960 67 0 129 City of Dayton Fairborn 468 2 0 3 City of Fairborn Cedarville 53,068 236 5 693 Greene County “Cedarville” Clifton 20,501 0 1 104 Greene County “Clifton” Clark 1,099 4 0 7 Clark County “S.W. Regional” Shawnee Hills 74,230 2 886 886 Jamestown WWTP Totals 2,215,603 9,751 905 32,219 ______* As of January 1, 2017. ** Greene County facilities only. *** Includes 5,382 Greene County connections and an estimated 9,449 Montgomery County connections.
Greene County Public Sewerage Growth History
Customer Connections Estimated Wastewater Treated Year Greene Montgomery Population* (Million Gallons) 2012 23,085 8,858** 79,853 3,988 2013 23,022 8,997** 80,048 4,738 2014 23,366 9,117** 81,208 5,000 2015 23,555 9,196** 81,878 5,378 2016 23,734 9,449 82,958 5,275 ______* Based on July, 2011 census of 2.5 persons per household.. ** Based on actual connections
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58 Greene County Wastewater Treatment Plant Performance
2012 2013 2014 2015 2016 Beavercreek Plant Average Daily Flow (MGD) 5.98 6.8792 7.358 8.081 7.754 Maximum Daily Flow (MGD) 12.075 21.179 25.166 24.556 16.225 Suspended Solids (mg/l) 4.7 4 4 3.6 3.8 CBOD5 (mg/l) 1.18 1 1 1 2.8 Ammonia (mg/l) 0.42 0.34 0.13 0.08 0.16 F Coli (colonies/100 ml) 57 34 -- N/A N/A E Coli -- -- 6.2 77 23.7 Sugarcreek Plant Average Daily Flow (MGD) 4.596 5.6674 5.89 6.204 6.2017 Maximum Daily Flow (MGD) 13.602 14.15 14.085 14.15 13.985 Suspended Solids (mg/l) 2.8 3 3 3 3 CBOD5 (mg/l) 1.41 1 2 1 3.1 Ammonia (mg/l) 1.535 0.5 0.54 0.19 0.21 F Coli (colonies/100 ml) 27 10 101 N/A N/A E Coli -- -- 52 5 12 Cedarville Plant Average Daily Flow (MGD) 0.309 0.4201 0.41 0.456 0.4446 Maximum Daily Flow(MGD) 1.543 1.671 2.87 2.319 2.74 Suspended Solids (mg/l) 2.8 3 4 5.2 3.2 CBOD5 (mg/l) 0.74 1 1 2.5 2.2 Ammonia (mg/l) 0.071 0.27 0.16 0.12 0.18 F Coli (colonies/100 ml) 2.46 1.5 6 N/A N/A E Coli ------2 2 Clifton Plant Average Daily Flow (MGD) 0.011 0.0133 0.0134 0.14 0.013 Maximum Daily Flow(MGD) 0.051 0.059 0.057 0.073 0.037
Suspended Solids (mg/l) 0.4 1 2 2 2 CBOD5 (mg/l) 1.38 2 2 3 2 Ammonia (mg/l) 0.029 0.06 0.08 0 0.02 F Coli (colonies/100 ml) 59.58 133 153 7 N/A E Coli -- -- 28 11 9.16
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59 Operations
The Sewer System treated an average of approximately 14.45 million gallonsof wastewater per day in 2016, with a maximum peak day of approximately 33.0 million gallons. The average user requires approximately 250 gallons per day, which translates into an average monthly bill for the year 2016 of approximately $57.35. The ten largest users (by total usage) for the year 2016 were:
Gallons of Wastewater Name Nature of Business Treated Sewer Revenue 1. Cedarville College Education 42,675,000 $ 322,233 2. Soin Medical Center Hospital 19,703,000 140,662 3. Elano Corporation Manufacturing 15,784,000 122,800 4. Mike’s Express Car Wash Car Wash 12,069,000 91,389 5. Trinity Nursing Home Nursing Home 11,463,000 99,493 6. The Greene Town Center Mall Stores-Plum St. 6,338,000 51,259 7. Sterling House Assisted Living 6,319,000 52,634 8. Hilton Garden Inn Hotel/Restaurant 6,300,000 52,231 9. Fairfield Commons Mall Retail Stores 5,137,000 42,312 10. Meijer Inc. Retail Store 5,000,000 59,961 130,788,000* $1,034,974** ______* Represents approximately 2.48% of the Sewer System’s total gallons of wastewater treated in 2016. ** Represents approximately 6.54% of the Sewer System’s total revenues for 2016.
Rate Covenant
The County has covenanted to maintain certain rates and collect certain charges for the System, sufficient to produce net revenues available for debt service as a percentage of debt service on all outstanding revenue bonds of at least 120%, as further provided in the bond documentation related to each specific series of water revenue bonds.
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60 Rates (Sanitary Sewerage and Sewage Treatment Facilities Charges)
Connection Charge
Connection Charges are determined as set forth below.
(a) For the entire Greater Greene-Little Miami Sewer District where all domestic usage is metered:
Connection Charge Connection Charge Meter Size Effective January 1, 2009 Effective January 1, 2009 ǫ´ $3,500 $3,500 ¾” 5,250 5,250 1” 8,750 8,750 1½” 17,500 17,500 2” 28,000 28,000 3” 56,000 56,000 4” 87,500 87,500 6” 175,000 175,000 8” 3,500 3,500
(b) For the entire Greater Greene-Little Miami Sewer District where water usage does not constitute the only discharge of the sanitary sewer and/or all water usage is not metered by Greene County Sanitary Engineering Department or its approved agent, connection charges will be determined as follows:
(i) The Sanitary Engineer shall estimate the peak flow to be contributed by the proposed connection, based upon the Ohio E.P.A. “Sewage Flow Guide” from Water Supply, Sewerage and Sewage Treatment for Public Buildings in Ohio (as amended).
(ii) The Sanitary Engineer shall determine the water meter size necessary for that peak flow.
(iii) Connection charges will then be established in accordance with Section 1.a. above.
(c) Connection charges for the Greater Greene-Little Miami Sewer District served by the County under an agreement with a person, firm or corporation that specifies a greater connection charge than that charged for entirely Board of County Commissioner owned facilities, shall be the connection charge established under said agreement.
61 Equalization Charge
Certain County constructed sewerage projects require that when a property abutting the sewerage is split or subdivided, each newly created lot or parcel pay the equivalent of the tentative assessment for the project in cash with the connection charge at the time of obtaining the tap-in permit, before making connection to the sewerage system. The equalization charge (if any) for a particular property may be obtained upon request from the Greene County Sanitary Engineering Department.
Other Expenses
All other costs involved in a connection described in Item 1 above, particularly the construction of the service line from the County sewer to the house or building, shall be paid by the applicant directly to any person or business registered by the County to perform such service.
Service Rates
The table below sets for the service rates for the entire Greater Greene-Little Miami Sewer District where water usage is not metered by Greene County Sanitary Engineering Department or its approved agent.
Metered Rate
Year 2016 Monthly Minimum Charge Meter Size 0-3,000 Gallons ǫ´ $ 23.83 ¾” 36.23 1” 59.93 1½” 119.67 2” 191.54 3” 359.11 4” 598.43 6” 1,196.85 8” 1,914.93 ______Note: Wholesale charge for more than 3,000 gallons/month - $7.45/1,000 gallons.
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62 History
The rates and connection fees charged to users of the Sewer System are detailed above. The increased rates were effective as of January 1, 2012. The previous rates, current rates and a comparison of typical bills under previous rates and current rates are shown in the following table:
Monthly Charge Usage per 3,000 Bill for Bill for Period (Gallons) (Gallons) Average Usage** 0-3,000 gals $18.60* $44.70 2002 Over 3,000 gals 5.80 Flat rate 48.11 0-3,000 gals 18.97* 45.61 2003-2006 Over 3,000 gals 5.92 Flat rate 49.06 0-3,000 gals 19.16* 46.07 2007 Over 3,000 gals 5.98 Flat rate 49.55 0-3,000 gals 19.35* 47.54 2008 Over 3,000 gals 6.04 Flat rate 50.04 0-3,000 gals 20.12* 49.43 2009 Over 3,000 gals 6.28 Flat rate 52.02 0-3,000 gals 21.13* 51.93 2010 Over 3,000 gals 6.60 Flat rate 54.65 0-3,000 gals 23.14* 55.67 2011 Over 3,000 gals 7.23 Flat rate 59.84 0-3,000 gals 23.83* 57.35 2012-2016 Over 3,000 gals 7.45 Flat rate 61.64 ______* Monthly minimum charge. ** Metered rate based on monthly usage of 7,500 gallons.
The County intends to adjust rates as needed to continue to produce net revenues available for debt service in accordance with the County’s rate covenant for its outstanding sewer revenue bonds.
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63 Comparable Sewer Rates
Based upon current sewer rates in the County, the average monthly residential sewer bill in 2016 will be approximately $57.35 for 7,500 gallons of water used. Comparable monthly sewer rates for communities in the region during 2016 are as follows:
Comparable Average Monthly Sewer Rates Miami County (Troy) $88.97 Miami County (Tipp City) 76.81 Greene County 57.35 Montgomery County 46.48 Clark County 44.83 Warren County 35.03 Clermont County 33.30 Butler County 28.04 ______Source: City of Oakwood, Ohio, Department of Finance Sewer Rate Survey 2017.
Billing and Collection Procedures
All sewer and water bills are issued, collected and processed by the County on a monthly basis. All bills are due on the due date appearing on each bill. After the due date, a seven and one-half percent (7.5%) late payment penalty may be added to the balance. Customers with delinquent balance of $80 or more are sent arrears notice during the first week of the month. If still unpaid by the second week, another arrears notice is sent. A lien is placed on the property of delinquent sewer customers twice a year, in accordance with Ohio law.
Historical and Projected Financial Data
Under the bond documentation related to each series of sewer revenue bonds, the Sewer System rates and charges must be sufficient to produce gross revenues adequate to meet the reasonable expenses of operation and maintenance, the debt service requirements of such bond documentation, including additional reserves, and to assure the normal growth and sound operation of the Sewer System. Failure to maintain the required coverage ratiocanbeanevent of default if remedial action is not taken.
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64 Selected Historical Financial Information Greene County Sanitary Engineering Sewer Fund Debt Service Coverage
Historical
2012 2013 2014 2015 2016 Revenues Sewer Service Charges $15,966,817 $15,644,593 $15,656,315 $15,503,044 $15,826,861 Montgomery County Use Charges (From SCWWTP Operating Exp. & Debt Serv.) 3,536,336 3,370,089 3,398,948 3,278,600 3,313,608 Connection Fees/Tap-in 804,832 576,591 729,750 934,500 1,039,800 Interest Income 46 0 0 0 0 Other 486,032 468,448 485,988 442,606 474,170 Total Pledged Revenues 20,794,063 20,059,721 20,271,001 20,158,750 20,654,439
Expenses Personnel Expenses (2,303,563) (2,340,987) (2,431,056) (2,615,151) (2,644,192) Contract Services (1,099,650) (1,254,916) (1,319,593) (1,204,607) (1,235,437) Utilities (1,737,014) (1,612,183) (1,792,619) (1,815,795) (1,782,400) Equipment, Materials & Supplies (548,289) (623,885) (612,462) (553,465) (462,872) Miscellaneous (76,088) (77,163) (79,493) (105,116) (67,458) Total Operating & Maintenance Expenses (5,764,604) (5,909,134) (6,235,223) (6,294,134) (6,192,359)
Net Income Available for Debt Service $15,029,459 $14,150,587 $14,035,778 $13,864,616 $14,462,080
Principal and Interest Requirements on Revenue Bonds $7,369,223 $6,550,670 $4,169,492 $835,735 1,064,676
Principal and Interest Requirements on all Obligations $12,733,645 $13,238,545 $12,317,034 $11,516,192 $12,449,052
Total Debt Service Coverage 1.18x 1.07x 1.14x 1.20x 13.58x Revenue Bonds Debt Service Coverage 2.04x 2.16x 3.37x 16.59x 1.16x
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65 Selected Projected Financial Information Greene County Sanitary Engineering Sewer Fund Maximum Debt Service Coverage
Projected
2017 2018 2019 2020 2021 Revenues Sewer Service Charges1 $15,530,000 $15,608,800 $15,688,006 $15,767,618 $15,847,642 Montgomery County Use Charges (From SCWWTP Operating Exp. & Debt Serv.) 3,300,000 3,300,000 3,500,000 3,500,000 3,500,000 Tap-in/Connection Fees 800,000 804,000 808,020 812,060 816,120 Funds available for Debt Service 1,000,000 800,000 50,000 700,000 -0- Other 383,000 386,530 390,095 393,697 397,333 Total Pledged Revenues 21,013,000 20,899,330 20,436,121 21,173,375 20,561,095
Total Operating & Maintenance Expenses2 (7,427,606) (7,595,905) (7,851,262) (8,051,096) (8,256,568)
Net Income Available for Debt Service $13,585,394 $13,303,425 $12,584,859 $13,122,279 $12,304,527
Principal and Interest Requirements on Revenue Bonds $1,743,860 $1,743,860 $1,743,860 $1,743,860 $1,743,860
Principal and Interest Requirements on all Obligations $13,560,753 $13,275,832 $12,540,154 $13,063,597 $11,890,612
Total Debt Service Coverage 1.00x 1.00x 1.00x 1.00x 1.03x Revenue Bonds Debt Service Coverage 7.79x 7.63x 7.22x 7.52x 7.06x ______1 Assumes 0.5% customer growth rate and no rate increases. 2 Assumes yearly average increase at 2% over five years.
Greene County Sanitary Engineering Sewer Fund Five-Year 2012-2016 Overview
Greene County Sanitary Engineering Sewer Fund maintains its financial records on a cash basis encumbrance accounting system. Annual operating and capital improvements program budgets are developed which serve as the basis of financial operations during the ensuing year. The Audited financial statements are prepared on the accrual basis in accordance with generally accepted accounting principles. The amounts used in this discussion represent information taken directly from financial reports using the cash basis encumbrance accounting system.
While individual revenue and expense items fluctuate on a year-to-year basis, Greene County Sanitary Engineering Sewer Fund’s operating results for the five years 2012-2016 reflect overall financial stability of the system.
Revenues from Sewer Service Charges have decreased 1% during the five-yearperiod 2012 through 2016 which is a reflection of increase in water usage due to dry weather conditions during 2012. Growth in customer connections has been steady averaging .65% over the five year period.
66 The Montgomery County Use Charge is a cost reimbursement agreement between Montgomery and Greene counties for cost of constructing, operating and maintaining jointly used facilities (Sugarcreek WWTP) which provide sewage services. This Use Charge decreased 6% from 2012 to 2016, due to ongoing cost management programs to restrain growth in operating cost.
Revenue from Connection and Tap-in charges increased by approximately 29% from 2012 to 2016. Over the past several years new construction has continued to grow, since the 2009 recession.
Total Operating Expenses during this five-year period increased 7%. Personnel costs increased approximately 15% due to filling vacant positions, increased health insurance cost and modest wage increases. Utilities increased approximately 3% as a result of purchase services usage fluctuation and price increases. In addition electric cost savings were realized through a fixed price Generation Supply Agreement with MidAmerican Energy scheduled to expire in 2018. Ongoing cost management programs have helped to restrain growth in other operating costs.
In May, 2013, Greene County advance refunded the $60,955,000 Sewer System Revenue Refunding Bonds and the $7,405,000 LTGO Sewer System (Taxable), Series 2010 Bonds resulting in average annual savings of approximately $546,000. In September, 2013, the County current refunded the $11,745,000 2003 Sewer Revenue Refunding Bonds and $4,515,000 LTGO Sewer System, Series 2003 Bonds resulting in average annual savings of approximately $247,000.
Overall, the periodic rate increases and cost management efforts have enabled Greene County Sanitary Engineering Sewer Fund to maintain stable debt service coverage.
REQUIRED BOND ACCOUNT BALANCES
The respective trust agreements related to the outstanding water and sewer revenue bonds of the County require that certain accounts be maintained by the County with respect to each water and sewer revenue bond issue, as applicable, in the form of a cash reserve, or a surety reserve policy in an amount equal to the required cash reserve, for each reserve account. The following tables list the form of and amounts retained in each of those accounts as of December 31 for the last five years.
Water System
Under the Trust Agreement, dated September 1, 1991, as supplemented by the First Supplemental Trust Agreement, dated June 1, 1996, the Second Supplemental Trust Agreement, dated May 15, 2001, Third Supplemental Trust Agreement, dated July 15, 2004, the Fourth Supplemental Trust Agreement, dated March 15, 2007, and the Fifth Supplemental Trust Agreement, dated as of November 1, 2010 (as supplemented, the “Water SystemTrust Agreement”), all by and between the County and The Bank of New York Mellon Trust Company, N.A. (as successor in trust to J.P. Morgan Trust Company, N.A.), the County is required to maintain a Debt Service Reserve Account (as defined in the WaterSystemTrust Agreement) for each outstanding water system revenue bond issue; and a system-wide Surplus
67 Account (as defined in the Water System Trust Agreement)The funds in such Debt Service Reserve Accounts are only to be used to make debt service payments on the outstanding water revenue bonds if there are insufficient funds in the Bond Account (as defined in the Water System Trust Agreement). There is no required balance for the Surplus Account and the money can be expended for any water system purpose.
Actual Balance 2007 Debt Service 2010 Debt Service for Years Reserve Account Reserve Account 2012 Surety Policy $542,859 2013 Surety Policy 542,860 2014 Surety Policy 522,020 2015 Surety Policy 517,863 2016 Surety Policy -0-
Sewer System
Under the Trust Agreement, dated June 15, 1993, as supplemented by the First Supplemental Trust Agreement, dated April 15, 1998, the Second Supplemental Trust Agreement, dated April 1, 2000, the Third Supplemental Trust Agreement, dated August 15, 2002, the Fourth Supplemental Trust Agreement, dated February 15, 2003, the Fifth Supplemental Trust Agreement, dated March 15, 2005, the Sixth Supplemental Trust Agreement, dated March 22, 2007, the Seventh Supplemental Trust Agreement, dated August 1, 2007, the Eighth Supplemental Trust Agreement, dated April 22, 2010, and the Ninth Supplemental Trust Agreement, dated as of November 2, 2010 (as supplemented, the “Sewer SystemTrust Agreement”), all by and between the County and The Bank of New York Mellon Trust Company, N.A. (as successor in trust to J.P. Morgan Trust Company, N.A.), the County is required to maintain a Debt Service Reserve Account (as defined in the SewerSystemTrust Agreement) for each outstanding sewer system revenue bond issue; and a system-wide Surplus Account (as defined in the Sewer System Trust Agreement). The funds in such Debt Service Reserve Accounts are only to be used to make debt service payments on the outstanding bonds if there are insufficient funds in the Bond Account (as defined in the Sewer System Trust Agreement). There is no required balance for the Surplus Account and the money can be expended for any sewer system purpose.
2007A Debt Actual Service 2007B 2010A 2010B Balance Reserve Debt Service Debt Service Debt Service For Years Account Reserve Account Reserve Account Reserve Account 2012 $470,578 Surety Policy $648,489 $71,739 2013 470,578 Surety Policy 648,491 71,739 2014 470,589 Surety Policy 648,498 67,001 2015 470,504 Surety Policy 648,495 67,001 2016 470,504 Surety Policy 648,490 67,001
68 Future Major Capital Improvements for the District
The County has completed Public Water Well #4 replacement. This $677,000 project is financed through Ohio Public Works Commission $200,000 grant, $297,000 thirty year, zero percent interest loan and $180,000 local match. Also, the County has completed the elimination of Lift Station #15 located off Lantz Road. The $537,500 project is financed through Ohio Public Works Commission $390,000 thirty year, zero percent interest loan and $147,500 local match. The County also plans to issue several special assessment bond anticipation notes in the next two years for various water and sewer extension projects in the District. The District’s Capital Improvement plan includes various improvement projects which it anticipates will be funded on pay-as-you-go financing.
The County has three capital improvement projects to extend water distribution and transmission mains. Upper Bellbrook Water Main Extension is a $2,005,000 project financed from the County’s Water CIP fund. The Northwest Regional to Eastern Regional Interconnection projects totaling $10,015,903 will be finance through future issuance of bonds. The Grange Hall Road Water Main Extension is a $400,000 project financed throughanOhio Public Works Commission grant awarded to the City of Beavercreek. This grant will pay for 50% of the water main up to $200,000, and a 50% local match.
The County will also recoat two existing water elevated storage tanks. The Summerfield Elevated Storage Tank Recoating is a $381,000 project funded through the County’s Water CIP fund. The Gerspacher No. 2 Elevated Storage Tank Recoating is a $350,000 project financed through Ohio Public Works Commission thirty year, zero percent interest loan not to exceed $322,300, 70% OPWC loan and 30% local match.
COUNTY DEBT AND OTHER LONG TERM OBLIGATIONS
The following describes statutory and constitutional debt and ad valorem property tax limitations which apply to the County, and presently outstanding and projected bond and note indebtedness and certain other long term financial obligations of the County.
When the County issues industrial revenue bonds or health care revenue bonds for the benefit of third-party corporations, no schedule for these bonds is provided because such bonds do not represent an obligation of the County. These bonds are payable solely from rentals and other revenues derived from the lease, sale or other disposition of the projects financed thereby.
No bonds have been authorized by the electors that have not yet been issued.
The County is not and has never been in default on any of its debt obligations.
Statutory Direct Debt
The Revised Code provides that the aggregate principal amount of unvoted “net indebtedness” of a county, such as the County, may not exceed one percent of the total value of all property in such county as listed and assessed for taxation, and that the aggregate principal amount of voted and unvoted “net indebtedness” of such county may not exceed a sum equal to three percent of the first $100,000,000 of the assessed valuation, plus one and one-half percent of
69 such valuation in excess of $100,000,000 and not in excess of $300,000,000, plus two and one- half percent of such valuation in excess of $300,000,000.
In calculating “net indebtedness,” the Revised Code provides that certain obligations of a county are not to be considered in the calculation, including self-supporting obligations, revenue bonds, and special assessment debt. (For a complete list of exempt debt see the Financial Statement attached as Appendix C.)
Other infrequently-issued types of obligations are also excluded from the calculation of net indebtedness; the County has a few such obligations outstanding. Notes issued in anticipation of bonds excluded from the calculation of net indebtedness are also excluded from such calculation. In calculating net indebtedness, amounts in a county’s bond retirement fund allocable to the principal amount of bonds otherwise included in the amount of net indebtedness are deducted from the total net indebtedness of such county.
Appendix C of this Annual Statement is a Financial Statement for the County, certified by the County Auditor, calculating the amount of the outstanding obligations of the County which are subject to the total direct debt limit (3%, 1½%, 2½% limit) and the unvoted direct debt limit (1% limit). As of September 1, 2017, the total principal amount of voted and unvoted general obligation debt that could be issued by the County, subject to the total direct debt limitation is $97,250,904.25 and the County’s net debt subject to such limitation presently outstanding is $23,425,000.00, leaving a balance of approximately $73,825,904.25 borrowing capacity issuable within such limitation on combined voted and unvoted non-exempt debt. The County has no voted debt outstanding which is subject to such limitation.
The total unvoted County general obligation debt that could be issued subject to the one percent unvoted direct debt limitation is $39,500,361.70. The net County debt subject to such limitation presently outstanding is $23,425,000.00, leaving a balance ofapproximately $16,075,361.70 additional unvoted non-exempt debt that could be issued by the County under such one percent limitation.
However, as described below, the County’s ability to incur debt in these amounts is restricted by the indirect debt limitation. In the case of unvoted general obligation debt, both the direct and the indirect debt limitations must be met.
Indirect Debt Limitations
Pursuant to Ohio law, a maximum tax levy of ten mills per dollar of assessed valuation (tax list) can be levied on any property without a vote of the people. The first charge against these ten mills is the debt service requirements on all limited tax general obligation bond, note and certificate of indebtedness issues of all overlapping political subdivisions. These ten mills are available for the debt service requirements of both limited tax bonds, notes and certificates of indebtedness for which tax levies are actually made to pay principal and interest, and limited tax bonds and notes supported by revenues or municipal income taxes and not actually levied unless such other sources become insufficient. Calculations with respect to compliance with the ten- mill limitation are made for the year in which pledged millage for unvoted general obligation bonds (or notes) of all overlapping political subdivisions is the highest. When notes are
70 involved, theoretical debt service requirements for the bonds in anticipation of which such notes are issued are used in calculating aggregate pledged millage within the ten-mill limitation, and an assumed rate of interest is employed for the bonds whose issuance is anticipated. A ten-mill certificate dated July 28, 2017, is attached hereto as Appendix D.
Because bonded indebtedness in Ohio cannot be incurred or renewed unless provision is made for levying taxes to pay debt service on the indebtedness (except in the case of indebtedness payable solely from revenues or special restricted-purpose tax levies), the ten-mill tax limitation represents an indirect limitation on a political subdivision’s capacity to incur debt within applicable direct debt limitations. Capacity within the ten-mill limitation is available to be pledged for debt service by overlapping political subdivisions having unvoted debt capacity on a first-come, first-served basis, and because of the disparity in the sizes of the tax lists or duplicates, a political subdivision with a relatively small tax list whose territory overlaps that of a political subdivision with a relatively large tax list can use up indirect debt capacity available to both through the issuance of a given principal amount of debt much more quickly than could the latter subdivisions issuing the same amount of debt.
At the present time, the City of Fairborn is the taxing subdivision in the County with the highest potential millage requirements for debt service on its own unvoted general obligation debt, the amount theoretically required for the City of Fairborn, the County and all other overlapping subdivisions being approximately 8.1833 mills. This amount leaves 1.8167 mills free to be allocated to the County and its overlapping subdivisions in additional unvoted bonds. The ten-mill limitation is such that a relatively small issue by some other overlapping taxing subdivision with a small tax duplicate can encumber a significant amount of millage, thereby dramatically reducing the amount of unvoted general obligation debt that the County could issue.
Overlapping Debt
The net overall debt of Greene County and all overlapping political subdivisions is set forth in Debt Table A.
The boundaries of the County include all or part of twelve school districts (of which four are partly in other counties), seven cities, six villages, twelve townships and four vocational school districts (three of which are primarily in other counties), all of which are separate political subdivisions with operating and debt service funding independent from that of the County. Various contractual and other arrangements not material except as may be noted elsewhere herein are in effect among or between the County and certain of the other political subdivisions.
Boards of Education of the school districts cannot incur more than one-tenth of one percent of their respective tax lists as general obligation debt without approval by a majority of the voters of the respective school districts (Section 133.06, Revised Code). Such Boards of Education may request voter approval of general obligation debt not in excess of nine percent of the tax list of the school district. Under State law, before seeking voter approval, a Board of Education is required where applicable to receive the consent of the Ohio Department of Taxation and the State Superintendent of Public Instruction in accordance with policies adopted by the State Board of Education.
71 Cities and villages within the County are subject to the direct debt limitation imposed by Section 133.05 of the Revised Code, which provides that a municipal corporation’s voted and unvoted debt may not exceed ten and one-half percent of its tax list, and that its unvoted debt may not exceed five and one-half percent of its tax list.
Certain classes of debt are exempt from these limitations, chief among which are: special assessment debt; notes issued in anticipation of current revenues or taxes or for certain emergency purposes; revenue bonds for various purposes; self-supporting debt for utility and quasi-utility purposes; voted urban redevelopment bonds not exceeding two percent (2%) of the issuer’s tax list; self-supporting debt for recreational facilities; and debt covenanted to be paid from lawfully available municipal income taxes.
Under Revised Code Section 133.09, the net indebtedness of a township, exclusive of special assessment debt, county bonds issued in anticipation of the levy or collection of township tax levies, notes issued in anticipation of the levy or collection of township tax levies, notes issued in anticipation of current revenues or taxes or for certain emergency purposes, inheritance tax refund bonds (with the approval of the State Auditor), and other debt not here material, shall never exceed two percent of the township’s tax list, and, with the exceptions noted, no such indebtedness shall be incurred unless authorized by vote of the electors of the township.
The net city debt in the County is $29,330,000; net city debt is $21,379,209; net village debt is $718,196; net township debt is $1,274,393; net city school district debt is $157,385,511; net local and exempted village school district debt is $44,587,869; and the net joint vocational school district debt is $1,223.
Debt Table A
Greene County Debt and Overlapping Debt as of August 12, 2017*
Net Debt of County $29,330,000 Per Capita County Debt $179 County Debt as a percentage of Tax Valuation 0.74% Net Overlapping Debt (all political subdivisions) $254,676,400 Per Capita Overlapping Debt $1,551 Overlapping Debt as a percentage of Tax Valuation 6.45% ______* OMAC date of record is approximately 3 weeks ahead of actual date Source: Ohio Municipal Advisory Council (OMAC)
Bond Anticipation Notes
Under Ohio law applicable to the County, notes, including renewal notes, issued in anticipation of the issuance of general obligation bonds may be issued from time to time up to a maximum maturity of 20 years from the date of issuance of the original notes (except for notes issued in anticipation of special assessments, for which the maximum maturity is five years). Any period in excess of five years must be deducted from the permitted maximum maturity of the bonds anticipated, and portions of the principal amount of such notes must be retired in
72 amounts at least equal to and payable not later than principal maturities that would have been required if the bonds had been issued at the expiration of the initial five year period.
As of September 1, 2017, $1,085,000 of the debt of the County is in the form of general obligation and revenue bond anticipation notes and certificates of indebtedness (listed in Debt Table B). Such notes and certificates may be retired at maturity from one or a combination of sources: available funds of the County, the proceeds of the sale of the bonds anticipated by such notes, or the proceeds of the sale of renewal notes.
The ability of the County to retire its outstanding bond anticipation notes from the proceeds of the sale of either renewal notes or bonds will be dependent upon the marketability of such renewal notes or bonds under market conditions then prevailing.
OWDA Contracts
The County has seven contracts with the Ohio Water Development Authority (“OWDA”) to finance the County’s share of the cost of developing and improving the County’s Water and Sewer Systems. In 2016, the OWDA commenced a retroactive interest rate buy-downto3%for Water Pollution Control Loan Fund (“WPCLF”) and Drinking Water Assistance Fund (“DWAF”) effective with January 1, 2017 payment and will carry through to loan maturity date. As of July 12, 2017 the total principal amount outstanding on these contracts was $49,221,627. The following table shows remaining amounts outstanding on the individual contracts:
Date Final Contract Original Interest Payment Amount Purpose Entered Amount Rate Date Outstanding* Sewer 1971 $ 2,270,499 3.00 to 5.25% 2018 $ 66,835 Sewer 2003 6,058,150 3.00 to 3.65% 2025 2,795,460 Sewer 2004 6,150,277 3.00 to 3.25% 2026 3,102,065 Sewer 2006 7,803,589 3.00 to 3.34% 2028 4,919,027 Sewer 2006 41,996,512 3.00 to 3.11% 2031 30,900,314 Sewer 2008 4,486,498 3.00 to 3.40% 2029 3,043,602 Water 2008 5,875,522 3.00 to 3.53% 2031 4,394,324 TOTAL $49,221,627 ______* With respect to the County’s OWDA Contracts, the figures in the above table do not match the figures in Debt Table C below. For purposes of Debt Table C, approximations were made when calculating the County’s debt service on its OWDA Contracts. Source: The remaining outstanding principal of each OWDA Loan reflects the amount listed on www.loans.owda.org as of July 12, 2017.
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73 OPWC Contracts
The County has three contracts in progress with the Ohio Public Works Commission (“OPWC”) to finance improvements to theWaterandSewerSystems.AsofJuly12, 2017 the total principal amount outstanding on these contracts was $662,309. The following table shows remaining amounts outstanding on the individual contracts:
Date Final Contract Original Interest Payment Amount Purpose Entered Amount Rate Date Outstanding* Sewer 2013 $217,000 0% 2042 $188,067 Sewer 2016 389,914 0% 2046 376,917 Water 2017 98,975 0% 2047 97,325 TOTAL $662,309 ______* With respect to the County’s OPWC Contracts, the figures in the above table do not match the figures in Debt Table C below. For purposes of Debt Table C, approximations were made when calculating the County’s debt service on its OPWC Contracts. Source: The remaining outstanding principal of each OPWC Loan reflects the amount listed on ww.pwc.state.oh.us as of July 12, 2017.
Debt Currently Outstanding
The following tables list the indebtedness of the County in the form of bonds, notes, and certificates of indebtedness as of September 1, 2017:
Debt Table B
Principal Amount of Debt Outstanding September 1, 2017
County Debt - Special Assessment Bonds
Remaining Interest Date of Amount of Coupon Payment Bond Amount Issue Purpose Original Issue Interest Rate Dates Maturity Outstanding 09/01/97 Water & Sewer 1997 Series $ 570,000 5.50% J1-D1 2017 $30,000 09/08/99 Water & Sewer Improvement 210,000 5.70% J1-D1 2019 35,000 08/01/03 Water & Sewer 640,000 4.40-4.75% J1-D1 2023 225,000 09/01/05 Shawnee Hills 1,435,000 4.00-4.25% J1-D1 2025 665,000 09/06/07 Water System Improvements 20,000 6.00% J1-D1 2027 11,000 08/12/08 Various Purpose 1,095,000 5.00% J1-D1 2028 655,000 09/09/13 Water System Improvements* 30,200 3.75% J1-D1 2023 22,300 06/10/15 Various Purpose* 955,000 2.00-4.00% J1-D1 2030 910,000 06/15/17 Water System Improvements 639,776 3.64% J1-D1 2037 639,776 TOTAL $3,193,076 ______* Manuscript debt purchased by the Treasurer, Greene County, Ohio
74 County Debt - Revenue Bonds
Amount of Remaining Interest Final Date of Original Interest Payment Bond Amount Issue Purpose Issue Rate Dates Maturity Outstanding 03/22/07 Water $7,285,000 5.00-5.25% J1-D1 2021 $3,940,000 03/22/07 Sewer 4,875,000 3.75-5.00% J1-D1 2027 3,875,000 08/09/07 Sewer* 4,455,000 4.50% J1-D1 2027 655,000 04/22/10 Sewer* 6,695,000 3.50-4.50% J1-D1 2027 6,470,000 11/02/10 Sewer 850,000 4.00% J1-D1 2030 635,000 TOTAL $24,160,000 $15,575,000 ______* The proceeds of these Series 2010 Sewer Revenue Bonds were used to advance refund the Series 2000 Sewer Revenue Bonds, the Series 2002 Sewer Revenue Bonds, and the Series 2007B Sewer Revenue Bonds with the exception of the final term maturity of the Series 2007B Sewer Revenue Bonds of $655,000 due 12/1/27.
Outstanding General Obligation Bonds
Remaining Interest Final Date of Amount of Interest Payment Bond Amount Issue Purpose Original Issue Rate Dates Maturity Outstanding 01/25/07 Various Purpose $ 9,610,000 4.00-5.25% J1-D1 2028 $ 7,820,000 09/06/07 Infrastructure† 6,000,000 4.25-4.75 J1-D1 2032 1,000,000 03/02/10 Tax Exempt Refunding Bonds 15,760,000 3.25-5.00% J1-D1 2039 15,510,000 11/01/11 Infrastructure 7,800,000 2.50-3.70% J1-D1 2031 6,240,000 06/20/13 Water System Taxable Refunding Bonds 11,290,000 2.00-2.55% J1-D1 2021 7,965,000 06/20/13 Sewer System Taxable Refunding Bonds 51,015,000 1.50-3.420% J1-D1 2025 42,445,000 09/26/13 Sewer System Refunding Bonds 7,115,000 1.50-3.625% J1-D1 2025 4,125,000 05/07/15 Infrastructure Refunding Bonds 3,955,000 2.00-3.00% J1-D1 2030 3,870,000 07/12/16 Water System Refunding Bonds 5,615,000 2.00% J1-D1 2030 5,615,000 TOTAL $118,160,000 $94,590,000 ______† $3,575,000 of the 2007 Infrastructure Bonds were defeased and advance refunded with a portion of the proceeds of the Series 2015 Infrastructure Refunding Bonds and a corresponding principal amount of such Series 2007 Bonds will be redeemed on December 1, 2017.
Outstanding General Obligation Bond Anticipation Notes and Certificates of Indebtedness
Original Date of Date of Interest Date Original Amount Issue Issue Purpose for which Debt was Created Rate Due Amount Outstanding 12/19/02 10/24/16 Ice Arena Renovation (Series 2012) 1.50% 10/25/17 $ 435,000 $95,000 06/16/16 06/01/16 Various Purpose, Series 2016 1.25% 06/16/17 1,142,000 -0- 10/20/16 06/15/17 Nathanial’s Grove Water Main Extension 1.75% 06/15/18 990,000 990,000 TOTAL $2,567,000 $1,085,000
Outstanding Other Revenue Bonds
Remaining Interest Final Date of Amount of Interest Payment Bond Amount Issue Purpose Original Issue Rate Dates Maturity Outstanding Greene Town Center 09/23/09 Improvements $6,260,000 8.00% J1-D1 2034 $5,560,000 TOTAL $6,260,000 $5,560,000
75 DEBT TABLE C(1)
SUMMARY OF DEBT SERVICE DUE ON OUTSTANDING COUNTY OBLIGATIONS BY PRINCIPAL AS OF SEPTEMBER 1, 2017
GENERAL GENERAL SPECIAL OTHER %OF YEAR OBLIGATION OWDA OPWC OBLIGATION REVENUE ASSESSMENT REVENUE PRINCIPAL ENDING BANs* LOANS** LOANS*** BONDS BONDS BONDS BONDS TOTAL REMAINING 12/31/17 $35,000.00 $ 0.00 $ 0.00 $8,830,000.00 $1,115,000.00 $258,900.00 $150,000.00 $10,388,900.00 93.885% 12/31/18 30,000.00 3,306,434.00 23,763.99 8,685,000.00 1,460,000.00 236,758.00 160,000.00 13,901,955.99 85.702% 12/31/19 40,000.00 3,344,950.00 23,763.99 8,340,000.00 1,690,000.00 263,363.00 175,000.00 13,877,076.99 77.533% 12/31/20 35,000.00 3,453,738.00 23,763.99 8,900,000.00 1,385,000.00 254,255.00 185,000.00 14,236,756.99 69.153% 12/31/21 40,000.00 3,566,077.00 23,763.99 7,950,000.00 1,870,000.00 250,379.00 200,000.00 13,900,219.99 60.971% 12/31/22 45,000.00 3,682,082.00 23,763.99 6,770,000.00 1,360,000.00 256,536.00 220,000.00 12,357,381.99 53.697% 12/31/23 40,000.00 3,801,870.00 23,763.99 7,390,000.00 1,175,000.00 257,530.00 235,000.00 12,923,163.99 46.090% 12/31/24 50,000.00 3,925,572.00 23,763.99 7,460,000.00 1,490,000.00 225,060.00 255,000.00 13,429,395.99 38.185% 12/31/25 45,000.00 4,053,308.00 23,763.99 8,805,000.00 780,000.00 226,127.00 275,000.00 14,208,198.99 29.822% 12/31/26 55,000.00 3,775,994.00 23,763.99 2,875,000.00 1,540,000.00 157,234.00 295,000.00 8,721,991.99 24.688% 12/31/27 50,000.00 3,494,204.00 23,763.99 3,015,000.00 1,560,000.00 158,380.00 320,000.00 8,621,347.99 19.613% 12/31/28 55,000.00 3,606,284.00 23,763.99 3,135,000.00 50,000.00 158,570.00 345,000.00 7,373,617.99 15.273% 12/31/29 60,000.00 3,180,273.00 23,763.99 1,955,000.00 50,000.00 109,803.00 375,000.00 5,753,839.99 11.886% 12/31/30 65,000.00 2,968,471.00 23,763.99 1,680,000.00 50,000.00 111,081.00 405,000.00 5,303,315.99 8.765% 12/31/31 65,000.00 3,062,370.00 23,763.99 2,110,000.00 0.00 37,407.00 435,000.00 5,733,540.99 5.390% 12/31/32 65,000.00 0.00 23,763.99 1,655,000.00 0.00 38,780.00 470,000.00 2,252,543.99 4.064% 12/31/33 75,000.00 0.00 23,763.99 625,000.00 0.00 40,205.00 510,000.00 1,273,968.99 3.314% 12/31/34 75,000.00 0.00 23,763.99 655,000.00 0.00 41,682.00 550,000.00 1,345,445.99 2.522% 12/31/35 75,000.00 0.00 23,763.99 685,000.00 0.00 43,213.00 0.00 826,976.99 2.035% 12/31/36 85,000.00 0.00 23,763.99 720,000.00 0.00 44,800.00 0.00 873,563.99 1.521% 12/31/37 0.00 0.00 23,763.99 750,000.00 0.00 23,013.00 0.00 796,776.99 1.052% 12/31/38 0.00 0.00 23,763.99 780,000.00 0.00 0.00 0.00 803,763.99 0.579% 12/31/39 0.00 0.00 23,763.99 820,000.00 0.00 0.00 0.00 843,763.99 0.082% 12/31/40 0.00 0.00 23,763.99 0.00 0.00 0.00 0.00 23,763.99 0.068% 12/31/41 0.00 0.00 23,763.99 0.00 0.00 0.00 0.00 23,763.99 0.054% 12/31/42 0.00 0.00 23,763.99 0.00 0.00 0.00 0.00 23,763.99 0.040% 12/31/43 0.00 0.00 16,241.31 0.00 0.00 0.00 0.00 16,241.31 0.031% 12/31/44 0.00 0.00 16,241.31 0.00 0.00 0.00 0.00 16,241.31 0.021% 12/31/45 0.00 0.00 16,241.31 0.00 0.00 0.00 0.00 16,241.31 0.011% 12/31/46 0.00 0.00 16,241.31 0.00 0.00 0.00 0.00 16,241.31 0.002% 12/31/47 0.00 0.00 3,244.17 0.00 0.00 0.00 0.00 3,244.17 0.000% TOTALS $1,085,000.00 $49,221,627.00 $662,309.16 $94,590,000.00 $15,575,000.00 $3,193,076.00 $5,560,000.00 $169,887,012.16
[NOTES TO THE SUMMARY OF DEBT SERVICE BY PRINCIPAL APPEAR ON THE FOLLOWING PAGE]
76 [NOTES TO THE SUMMARY OF DEBT SERVICE BY PRINCIPAL]
______*DEBT SERVICE ON THE BOND ANTICIPATION NOTES IS COMPUTED AS IF THE BOND ANTICIPATION NOTES WERE CONVERTED TO BONDS ISSUED JUNE 1, 2017, FIRST INTEREST DECEMBER 1, 2017, FIRST MATURITY DECEMBER 1, 2017, LAST MATURITY DECEMBER 1, 2036, BASED ON LEVEL DEBT SERVICE AND A 5.00% COUPON.
**DEBT SERVICE ON THE OWDA LOANS IS COMPUTED AS IF THE DEBT SERVICE WAS PAID IN LEVEL PAYMENTS BASED ON THE REMAINING OUTSTANDING PRINCIPAL AS OF JANUARY 1, 2017 FOR EACH INDIVIDUAL LOAN.
*** THE OPWC DEBT SERVICE REPRESENTS LINES OF CREDIT. AMORTIZATION OF THESE LINES (AND DEBT TABLE C) IS BASED ON THE ASSUMPTION THAT ALL OF THE PRINCIPAL HAS BEEN DRAWN ON. HOWEVER, NOT ALL OF THE LINES OF CREDIT HAVE BEEN ORIGINATED. DEBT TABLE B NOTES THE PRINCIPAL AMOUNT THAT HAS BEEN ORIGINATED TO DATE. WHEN CONSTRUCTION IS COMPLETE, THE DEBT SERVICE SCHEDULE WILL BE ADJUSTED TO REFLECT ACTUAL PRINCIPAL ORIGINATED (GIVING CREDIT FOR PRIOR OVERPAYMENT OR UNDERPAYMENT).
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77 DEBT TABLE C(2)
SUMMARY OF DEBT SERVICE DUE ON OUTSTANDING COUNTY OBLIGATIONS BY TOTAL DEBTSERVICE AS OF SEPTEMBER 1, 2017
GENERAL GENERAL SPECIAL OTHER %OF YEAR OBLIGATION OWDA OPWC OBLIGATION REVENUE ASSESSMENT REVENUE PRINCIPAL ENDING BANs* LOANS** LOANS*** BONDS BONDS BONDS BONDS TOTAL REMAINING 12/31/17 $62,125.00 $ 0.00 $ 0.00 $10,272,519.13 $1,475,217.50 $311,090.63 $372,400.00 $12,493,352.26 94.158% 12/31/18 82,500.00 4,896,691.62 23,763.99 11,379,938.26 2,129,185.00 364,567.52 592,800.00 19,469,446.39 85.053% 12/31/19 91,000.00 4,826,347.38 23,763.99 10,839,663.26 2,290,497.50 370,952.78 595,000.00 19,037,224.91 76.151% 12/31/20 84,000.00 4,826,346.82 23,763.99 11,211,113.26 1,907,747.50 351,547.30 591,000.00 18,995,518.87 67.268% 12/31/21 87,250.00 4,826,347.58 23,763.99 10,021,368.26 2,323,772.50 337,958.58 591,200.00 18,211,660.91 58.751% 12/31/22 90,250.00 4,826,348.42 23,763.99 8,613,031.26 1,724,860.00 333,923.92 595,200.00 16,207,377.59 51.172% 12/31/23 83,000.00 4,826,346.28 23,763.99 9,027,103.26 1,481,040.00 324,408.60 592,600.00 16,358,262.13 43.522% 12/31/24 91,000.00 4,826,348.27 23,763.99 8,861,165.26 1,743,860.00 281,480.26 593,800.00 16,421,417.78 35.843% 12/31/25 83,500.00 4,826,346.21 23,763.99 9,960,098.50 966,200.00 273,532.35 593,400.00 16,726,841.05 28.021% 12/31/26 91,250.00 4,417,123.96 23,763.99 3,720,390.00 1,689,325.00 195,585.25 591,400.00 10,728,838.20 23.004% 12/31/27 83,500.00 4,014,055.46 23,763.99 3,754,327.50 1,638,175.00 189,974.00 592,800.00 10,296,595.95 18.189% 12/31/28 86,000.00 4,014,053.91 23,763.99 3,762,315.00 56,000.00 183,364.62 592,200.00 8,717,697.52 14.112% 12/31/29 88,250.00 3,472,358.52 23,763.99 2,462,590.00 54,000.00 127,864.56 594,600.00 6,823,427.07 10.921% 12/31/30 90,250.00 3,159,245.79 23,763.99 2,126,815.00 52,000.00 124,864.20 594,600.00 6,171,538.98 8.035% 12/31/31 87,000.00 3,159,245.42 23,763.99 2,507,677.50 0.00 46,864.90 592,200.00 6,416,751.81 5.034% 12/31/32 83,750.00 0.00 23,763.99 1,960,900.00 0.00 46,863.91 592,400.00 2,707,677.90 3.768% 12/31/33 90,500.00 0.00 23,763.99 855,412.50 0.00 46,864.47 594,800.00 1,611,340.96 3.015% 12/31/34 86,750.00 0.00 23,763.99 857,287.50 0.00 46,864.69 594,000.00 1,608,666.18 2.262% 12/31/35 83,000.00 0.00 23,763.99 857,812.50 0.00 46,864.64 0.00 1,011,441.13 1.790% 12/31/36 89,250.00 0.00 23,763.99 861,987.50 0.00 46,864.39 0.00 1,021,865.88 1.312% 12/31/37 0.00 0.00 23,763.99 858,687.50 0.00 23,431.84 0.00 905,883.33 0.888% 12/31/38 0.00 0.00 23,763.99 854,000.00 0.00 0.00 0.00 877,763.99 0.478% 12/31/39 0.00 0.00 23,763.99 857,925.00 0.00 0.00 0.00 881,688.99 0.065% 12/31/40 0.00 0.00 23,763.99 0.00 0.00 0.00 0.00 23,763.99 0.054% 12/31/41 0.00 0.00 23,763.99 0.00 0.00 0.00 0.00 23,763.99 0.043% 12/31/42 0.00 0.00 23,763.99 0.00 0.00 0.00 0.00 23,763.99 0.032% 12/31/43 0.00 0.00 16,241.31 0.00 0.00 0.00 0.00 16,241.31 0.024% 12/31/44 0.00 0.00 16,241.31 0.00 0.00 0.00 0.00 16,241.31 0.017% 12/31/45 0.00 0.00 16,241.31 0.00 0.00 0.00 0.00 16,241.31 0.009% 12/31/46 0.00 0.00 16,241.31 0.00 0.00 0.00 0.00 16,241.31 0.002% 12/31/47 0.00 0.00 3,244.17 0.00 0.00 0.00 0.00 3,244.17 0.000% TOTALS $1,714,125.00 $60,917,205.64 $662,309.16 $116,484,127.95 $19,531,880.00 $4,075,733.41 $10,456,400.00 $213,841,781.16
[NOTES TO THE SUMMARY OF DEBT SERVICE BY TOTAL DEBT SERVICE APPEAR ON THE FOLLOWING PAGE]
78 [NOTES TO THE SUMMARY OF DEBT SERVICE BY TOTAL DEBT SERVICE]
______*DEBT SERVICE ON THE BOND ANTICIPATION NOTES IS COMPUTED AS IF THE BOND ANTICIPATION NOTES WERE CONVERTED TO BONDS ISSUED JUNE 1, 2017, FIRST INTEREST DECEMBER 1, 2017, FIRST MATURITY DECEMBER 1, 2017, LAST MATURITY DECEMBER 1, 2036, BASED ON LEVEL DEBT SERVICE AND A 5.00% COUPON.
**DEBT SERVICE ON THE OWDA LOANS IS COMPUTED AS IF THE DEBT SERVICE WAS PAID IN LEVEL PAYMENTS BASED ON THE REMAINING OUTSTANDING PRINCIPAL AS OF JANUARY 1, 2017 FOR EACH INDIVIDUAL LOAN.
*** THE OPWC DEBT SERVICE REPRESENTS LINES OF CREDIT. AMORTIZATION OF THESE LINES (AND DEBT TABLE C) IS BASED ON THE ASSUMPTION THAT ALL OF THE PRINCIPAL HAS BEEN DRAWN ON. HOWEVER, NOT ALL OF THE LINES OF CREDIT HAVE BEEN ORIGINATED. DEBT TABLE B NOTES THE PRINCIPAL AMOUNT THAT HAS BEEN ORIGINATED TO DATE. WHEN CONSTRUCTION IS COMPLETE, THE DEBT SERVICE SCHEDULE WILL BE ADJUSTED TO REFLECT ACTUAL PRINCIPAL ORIGINATED (GIVING CREDIT FOR PRIOR OVERPAYMENT OR UNDERPAYMENT).
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79 Grant Anticipation Obligations
The County currently has no outstanding grant anticipation obligations.
Future Financings
The County intends to issue general obligation bonds for water system improvements in a principal amount not to exceed $7,500,000. The issuance date is expected to be mid-September 2017.
Other Obligations
The Greene County Port Authority issued its Adult Service Facility Revenue Bonds, Series 2009 (Greene, Inc. Project) in the amount of $6,195,000 (the “Port Authority Bonds”) which has a current outstanding balance of $5,320,000. While the Port Authority Bonds are special obligations of the Greene County Port Authority and do not constitute general obligations of the Port Authority or the County, and neither entity is obligated to levy a tax or make any appropriation from moneys raised by taxation to pay debt service on the Port Authority Bonds, to the extent lease payments from the County’s Department of Developmental Disabilities are insufficient to fund debt service on the Port Authority Bonds, the County is required under Chapter 5126 of the Ohio Revised Code to provide the funds necessary for the programs and services of the Department of Developmental Disabilities, either through the imposition of a special tax levy (subject to approval by the voters) or from appropriations from the General Fund of the County.
EMPLOYER’S CONTRIBUTION TO PUBLIC EMPLOYEES RETIREMENT SYSTEM
All full-time County employees are covered by the Ohio Public Employees Retirement System (OPERS). This system includes both employee and employer payments. The County’s contributions are current and fully met as required by law. Annual contributions include provision for reserves to properly fund pension and other benefits payable on account for creditable service. The system is annually evaluated by nationally recognized actuarial consultants.
Eligible County employees contribute 10.00% of their annual compensation, while the County contributes 14.00%. For law enforcement officers in the County Sheriff’s Department, the rate is higher: the County contributes 17.87% and the officers contribute 11.1% of their annual compensation. In 2016, the County paid $7,402,099 to the OPERS.
The County’s annual contribution is treated as a current expense and is included in its operating expenditures.
OPERS is not presently subject to the funding and vesting requirements of the Employees Retirement Income Security Act of 1974. From time to time the Internal Revenue Service reviews that Act to determine whether pension funds for public bodies must meet certain provisions of that Act.
80 LEASES AND CONTRACTS
The County has entered into various contracts and leases for the rental of property and office space throughout the County. The following data represents the approximate rental liabilities involved as of December 31 for the years indicated.
Operating Capital Total Year Lease Payment Lease Payment Lease Payment 2012 $688,230 -0- $688,230 2013 624,986 -0- 624,986 2014 667,278 -0- 667,278 2015 638,278 -0- 638,278 2016 666,901 49,880 716,781 ______Source: Greene County Auditor.
LEGAL MATTERS
Litigation
The County is a party to various legal proceedings seeking damages or injunctive relief and generally incidental to its operations but unrelated to any outstanding County debt or the security therefor. The ultimate disposition of these proceedings is not presently determinable but will not, in the opinion of the County Prosecuting Attorney (the legal advisortotheBoardof County Commissioners), have a material adverse effect on any outstanding County debt or the security therefor.
Bond Counsel
The County retains the legal services of Dinsmore & Shohl LLP, Cincinnati, Ohio (“Dinsmore & Shohl”), as Bond Counsel in connection with the issuance of the bonds, notes and certificates of indebtedness of the County.
Dinsmore & Shohl also serves and has served in a bond counsel capacity for oneormore of the political subdivisions that territorially overlap the County.
RATINGS
The County has a rating of “Aa1” from Moody’s Investors Service for its outstanding general obligation bonds and a rating of “Aa2” for its outstanding uninsured revenue bonds. That rating reflects only the views of such rating agency. Any explanation of the significance of the rating may only be obtained from the rating agency. The County furnished to the rating agency certain information and material, some of which may not have been included in this Annual Statement, relating to the outstanding general obligation bond issues and the County. Generally, rating agencies base their ratings on such information and material and investigation, studies and assumptions by the rating agency. There can be no assurance that a rating when assigned will continue for any given period of time or that it will not be lowered or withdrawnentirelybythe rating agency if in its judgment circumstances so warrant. Any such downward change in or
81 withdrawal of a rating may have an adverse effect on the marketability and/or market price of the County’s outstanding obligations.
The following table summarizes the initial and current ratings of the respective bond insurers for all outstanding insured general obligation and revenue bonds. As a general matter, the rating on a series of bonds is the higher of the insured rating or the County’s underlying ratings for the related general obligation bond (“Aa1”) or revenue bond (“Aa2”). At the present time, the County’s underlying ratings are higher than the rating on all of its insured bonds.
Current Type of Original Issue Amount Insurer Rating at Insurer Date of Issue Bond Amount Outstanding Insurer Date of Issue Rating General 01/25/07 Obligation $9,610,000 $7,820,000 Ambac Moody’s Aa3 Not rated General 09/06/07 Obligation 6,000,000 1,000,000 Ambac Moody’s Aa3 Not rated 03/22/07 Revenue 7,285,000 3,940,000 MBIA Moody’s Aaa A3 03/22/07 Revenue 4,875,000 3,875,000 Ambac Moody’s Aaa Not rated 08/09/07 Revenue 4,455,000 655,000 Ambac Moody’s Aaa Not rated 04/22/10 Revenue 6,695,000 6,470,000 Assured Moody’s Aa3 Not rated
The County presently expects to furnish such rating agency with information and material that it may request on future general obligation bond issues. However, the County assumes no obligation to furnish requested information and material, and may issue debt for which a rating is not requested. Failure to furnish requested information and material, or the issuance of debt for which a rating is not requested, may result in the suspension or withdrawal of the rating agency’s ratings on outstanding general obligation bonds.
CONTINUING DISCLOSURE
The County plans to meet all of the continuing disclosure requirements to bein compliance with Securities and Exchange Commission Rule 15c2-12, as amended (the “Rule”). The County enters into a separate Continuing Disclosure Agreement or Certificate for each transaction which is subject to the provisions of the Rule. Currently most annual financial information will be available within nine months of the end of the fiscal year under the terms of those agreements. See the Official Statement circulated for a specific issue for the exact continuing disclosure covenants of each issue.
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82 CONCLUDING STATEMENT
To the extent that any statements made in this Annual Statement involve matters of opinion or estimates, whether or not expressly stated these statements are made as such and not as representations of fact or certainty. No representation is made that any predictions contained in these statements will be realized. Information herein has been derived by the County from official and other sources and is believed by the County to be reliable, but such information other than that obtained from official records of the County has not been independently confirmed or verified by the County and its accuracy is not guaranteed.
This Annual Statement has been prepared by Greene County under the direction of the Greene County Board of Commissioners with the assistance of the Greene County Auditor.
COUNTY OF GREENE, OHIO
By: /s/ Alan Anderson County Commissioner
By: /s/ Bob Glaser County Commissioner
By: /s/ Tom Koogler County Commissioner
By: /s/ David A. Graham County Auditor
Dated: September 1, 2017
83 APPENDIX A-1 2016 UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2016
NOTICE OF STATUS OF ANNUAL AUDITED FINANCIAL STATEMENTS
The audited financial statements of the County for the year ended December 31, 2016 are not anticipated to be released by the Ohio State Auditor prior to the County’s annual continuing disclosure filing date on September 1, 2017.
The unaudited financial statements for the year ending December 31, 2016 are available at this time and such unaudited financial statements are attached hereto.
The audited financial statements will be filed within a reasonable time period after they are released by the Ohio State Auditor. Audited financial statements, when released, can be found at the website of the Ohio State Auditor at:
https://ohioauditor.gov/auditsearch/Search.aspx
[SEE ATTACHED] COMPREHENSIVE ANNUAL FINANCIAL REPORT
GREENE COUNTYOhio
— Year Ending December 31, 201 —
Backside of Front Cover INTRODUCTORY SECTION
Backside of Section Divider GREENE COUNTY, OHIO
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED DECEMBER 31, 2016
Prepared by
The Greene County Auditor David A. Graham
1 GREENE COUNTY, OHIO COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2016 TABLE OF CONTENTS
INTRODUCTORY SECTION PAGE Title Page ...... 1 Table of Contents ...... 2 Letter of Transmittal ...... 4 Elected Officials ...... 8 Greene County Organizational Chart ...... 9 Greene County Auditor’s Office Organizational Chart ...... 10 Certificate of Achievement for Excellence in Financial Reporting ...... 11
FINANCIAL SECTION Independent AuditorV Report ...... 13 Management’s Discussion and Analysis ...... 15 Basic Financial Statements: Government-wide Statement of Net Position ...... 22 Government-wide Statement of Activities ...... 23 Fund Financial Statements: Balance Sheet - Governmental Funds ...... 24 Reconciliation of the Total Governmental Fund Balances to Net Position Of Governmental Activities ...... 25 Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds ...... 26 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities ...... 27 Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget (Non-GAAP Basis) and Actual - General Fund ...... 28 Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget (Non-GAAP Basis) and Actual – Motor Vehicle, Road and Bridge ...... 29 Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget (Non-GAAP Basis) and Actual – Department of Job and Family Services ...... 30 Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget (Non-GAAP Basis) and Actual – Children Services Board ...... 31 Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget (Non-GAAP Basis) and Actual – Board of Developmental Disabilities ...... 32 Statement of Net Position - Proprietary Funds ...... 33 Statement of Revenues, Expenses, and Changes in Fund Net Position - Proprietary Funds ...... 34 Statement of Cash Flows - Proprietary Funds ...... 3 5 Statement of Fiduciary Asset and Liabilities ...... 36 Notes to the Basic Financial Statements ...... 37 Required Supplementary Information: Condition Assessments of the County’s Infrastructure Reported Using the Modified Approach ...... 7 Schedule of the County’s Proportionate Share of the Net Pension Liability Ohio Public Employees Retirement System – Traditional Plan – Last Three Years ...... 7 Schedule of the County Contributions Ohio Public Employees Retirement System – Traditional Plan – Last Four Years ...... 7 Combining and Individual Fund Statements and Schedules: Combining Balance Sheets: Combining Balance Sheet - Non-major Governmental Funds by Fund Type ...... Combining Balance Sheet - Non-major Special Revenue Funds ...... 8 Combining Balance Sheet - Non-major Debt Service Funds ...... 8 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances: Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Non-major Governmental Funds by Fund Type ...... 8 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Non-major Special Revenue Funds ...... 8
2 GREENE COUNTY, OHIO COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2016 TABLE OF CONTENTS (Continued)
FINANCIAL SECTION - Continued PAGE Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Non-major Debt Service Funds...... 9 Schedules of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual: General Fund ...... 9 Special Revenue Funds...... 10 Debt Service Funds...... 13 Capital Project Fund...... 13 Permanent Fund ...... 1 Enterprise Funds...... 13 Internal Service Fund...... 1 Combining Schedule of Changes in Assets and Liabilities – All Agency Funds ...... 14 Capital Assets Used in the Operation of Governmental Funds: Comparative Schedules by Source...... 14 Schedule by Function and Activity ...... 14 Schedule of Changes by Function and Activity ...... 14
STATISTICAL SECTION Statistical Section - Table of Contents ...... 145 Table 1: Net Position by Component - Last Ten Fiscal Years ...... 146 Table 2: Fund Balances, Governmental Funds - Last Ten Fiscal Years ...... 148 Table 3: Changes in Net Position - Last Ten Fiscal Years ...... 150 Table 4: Changes in Fund Balances, Governmental Funds - Last Ten Fiscal Years ...... 152 Table 5: Tax Revenues by Source, Governmental Funds - Last Ten Fiscal Years ...... 154 Table 6: Real and Personal Property Tax Revenues by Program - Last Ten Fiscal Years ...... 155 Table 7: Assessed and Estimated Actual Value of Taxable Property - Last Ten Fiscal Years ...... 156 Table 8: Property Tax Levies and Collections - Real, Utility and Tangible Taxes - Last Ten Fiscal Years ...... 157 Table 9: Property Tax Rates - Direct and Overlapping Governments - Last Ten Fiscal Years ..... 158 Table 10: Principal Property Tax Payers - Current Year and Nine Years Ago ...... 159 Table 11: Water and Sewer Rates - Last Ten Fiscal Years ...... 159 Table 12: Ratios of Net General Bonded Debt Outstanding by Type - Last Ten Fiscal Years ...... 160 Table 13: Legal Debt Margin Information - Last Ten Fiscal Years ...... 162 Table 14: Pledged Revenue Coverage - Revenue Bonds - Last Ten Fiscal Years ...... 164 Table 15: Pledged Revenue Coverage - Special Assessment Bonds - Last Ten Fiscal Years ...... 165 Table 16: Demographic and Economic Statistics - Last Ten Calendar Years ...... 166 Table 17: Principal Employers - Current Year and Nine Years Ago ...... 167 Table 18: Full Time County Government Employees by Function - Last Ten Fiscal Years ...... 168 Table 19: Salaries of Principal Officials - Last Ten Fiscal Years ...... 169 Table 20: Surety Bond Coverage - Various Elected Officials - Last Ten Fiscal Years ...... 169 Table 21: Operating Indicators by Function - Last Ten Fiscal Years ...... 170 Table 22: Capital Asset Statistics by Function - Last Ten Fiscal Years ...... 17
3 DAVID A. GRAHAM Main Office 937-562-5065 Greene County Auditor Homestead Info 562-5039 69 Greene Street Real Estate 562-5072/5073 Room 200 Accounting/Payroll 562-5076 Xenia, Ohio 45385 Manufactured Home 562-5074 (937) 562-5065 (937) 426-1779 ext.5065 Fax (937) 562-5079
June 26, 2017
Honorable Alan G. Anderson, Commissioner Honorable Thomas Koogler, Commissioner Honorable Robert J. Glaser, Jr., Commissioner Citizens of Greene County,
This is Greene County’s Comprehensive Annual Financial Report (CAFR) for the fiscal year ending December 31, 2016. The CAFR conforms to Generally Accepted Accounting Principles (GAAP) as applicable to governmental entities. This report provides the taxpayers of Greene County with comprehensive financial data in a format that enables them to gain a thorough understanding of the County’s financial status. It assists County officials in management decisions and allows financial statement users and the general public to compare Greene County’s financial position and its results of operations with those of similar governmental entities.
Responsibility for both the accuracy of the data, and the completeness and fairness of this report, including all disclosures, rests with the Greene County Auditor’s Office. The enclosed data are accurate in all material respects and are reported in a manner that presents fairly the financial position and results of operations of the various departments of Greene County. All disclosures necessary to enable the reader to gain an understanding of Greene County’s activities have been included.
The County’s day-to-day accounting records are maintained on a basis other than Generally Accepted Accounting Principles (GAAP). For financial reporting purposes, the accounting records for all Governmental Funds are converted to the modified accrual basis; whereby, revenues are recognized when measurable and available, and expenditures are recognized in the period in which the fund liability is incurred. Then, the accounting records of the Governmental Funds, along with those for the Enterprise and Fiduciary Funds, are converted to the full accrual basis; whereby, revenues are recognized when earned, and expenses are recognized in the period incurred. The full accrual information is presented on the Statement of Net Position and the Statement of Activities. A further explanation of the three basis of accounting (non-GAAP, modified accrual and accrual) and a reconciliation of the non-GAAP basis to GAAP basis of accounting may be found in Notes A and J, respectively, of the Notes to the Basic Financial Statements.
The County’s day-to-day accounting system in the Auditor’s office helps provide for the adequacy of internal accounting controls. The County’s system of internal accounting controls is designed to provide reasonable, but not absolute, assurance regarding the safeguarding of assets against loss from unauthorized use or disposition and the reliability of financial records for preparing financial statements and maintaining accountability for assets. The concept of reasonable assurance is based on the assumption that the cost of internal accounting controls should not exceed the benefits expected to be derived.
The County Auditor’s office utilizes a fully automated accounting system as well as automated systems of control for capital assets and payroll. These systems, coupled with the manual auditing of each voucher prior to payment by the Accounting Department of the Auditor’s Office, ensure that the financial information generated is both accurate and reliable.
4 Included in this report are the unmodified opinions rendered on the County’s basic financial statements for the year ending December 31, 2016. An annual, independent audit of the County’s financial statements is part of the annual preparation of a CAFR. This annual, independent audit will be continually reviewed and commented on, thereby strengthening the County’s accounting and budgetary controls.
The purpose of this letter of transmittal is to provide an overview of the County and its operations. For detailed financial information and analysis, the Management Discussion and Analysis can be found on page 15 of the financial section of this report.
PROFILE OF THE GOVERNMENT
Greene County was formed by an action of the Ohio General Assembly in 1803 and was named for Revolutionary War hero, General Nathaniel Greene. Greene County is the sixteenth largest county in Ohio with a total area of 421 square miles. The County is divided into twelve townships and has seven cities and six villages within its boundaries.
The County has only those powers, and powers incidental thereto, conferred upon it by Ohio statutes. A three-member Board of County Commissioners (The Board) is elected at large. The Board’s three members are elected to four-year terms. The Board serves as the taxing authority, the contracting body, and the chief administrator of public services for the County. The Board adopts the annual operating budget and makes the annual appropriation measure for expenditure of all county monies. The Board appoints a County Administrator, who directs and supervises activities of those departments directly under the oversight of the Board. The Administrator acts for the Commissioners’ as the principal liaison to other county officials, boards and other political subdivisions.
The County Auditor is the fiscal officer for the County and the property tax assessor for all political subdivisions within the County. The Auditor conducts a complete reappraisal every six years, with a three- year update, of all real property within the County. As chief fiscal officer, no county contract may be made without the Auditor’s certification that funds are available or will be available for payment of the contract. The Auditor is responsible for maintaining records of all financial matters and issuing warrants for payment on all liabilities incurred by the County. The Auditor, after balancing tax collections with the County Treasurer, distributes all tax revenue to the appropriate political subdivision according to the tax rates of each subdivision.
The County Treasurer is the custodian of all county funds and is responsible for the collection of all property tax monies. The Treasurer is also responsible for the investment of county funds as specified by Ohio law. The Treasurer must make daily reports to the County Auditor showing the County’s receipts, expenditures, and cash balances. These records are balanced with those of the County Auditor.
Other elected officials serving four-year terms include the Prosecuting Attorney, Sheriff, Coroner, Engineer, Recorder, and Clerk of Courts. The Common Pleas Court Judges, the Domestic Relations Court Judge, the Probate Court Judge, and the Juvenile Court Judge are all elected to six-year terms. The County is served by the Second District Court of Appeals headquartered in Dayton, Ohio.
ECONOMIC CONDITION AND OUTLOOK
The County has started to put the recession that affected the national and state economy behind it. New construction in the County began to rebound. Unemployment decreased from a high of 10.6% in 2009 to 5.0% in 2016. Wright Patterson Air Force Base has been a stabilizing factor not just for the County but for the entire region over the past several years. Its impact will only grow as operations are consolidated there. As the economy rebounds, the County is in position to quickly benefit from economic growth by having retail and office space that is available to companies looking to expand or to new business ventures looking to get started.
While development in the western portion of the County continues to bring commercial and residential growth, the eastern portion of the County has maintained its agricultural roots. The County consists of nearly 244,000 acres of which 177,000 remain agricultural. This provides Greene County with diversity that cannot be seen in many counties in Ohio.
Greene County is rich in quality institutions of higher learning. Few counties in Ohio offer its citizens the educational opportunities that Greene County affords its citizens. Sinclair Community College, Clark
5 State, Wright State University, Cedarville University, Central State University, Wilberforce University, Antioch College, the Greene County Career Center and Park College located on the grounds of Wright Patterson Air Force Base all provide the citizens with the opportunity to improve themselves through higher education. In addition, WPAFB is home to the Air Force Institute of Technology, the Air Forces’ graduate school for engineering and management.
Wright-Patterson Air Force Base (WPAFB) is one of the largest, most diverse and organizationally complex Air Force installations in the world. Past, present and future are inextricably linked here, from the pioneering flights of the Wright brothers to the development of today’s most advanced aircraft and aerial systems. Missions for the base’s more than 60 units vary from acquisition and logistics management, to research and development, advanced education, flight operations, and a vast array of other activities. WPAFB is by far the largest employer in the County. WPAFB’s demand for technical skills has helped support the colleges and universities in Greene County. WPAFB employs more than 27,000 military and civilian workers, but has also spurred local contractors working in high tech fields that help support development projects at the Air Force base.
Maintaining the County’s small town roots, many local communities have festivals, such as the Sweet Corn Festival in Fairborn, the Community Festival in Xenia, Popcorn Festival in Beavercreek, Sugar Maple Festival in Bellbrook, Potato Festival in Spring Valley, Bean Festival in Jamestown, Old Clifton Days in Clifton and Cedarfest in Cedarville. Tourist attractions include the National Museum of the United State Air Force, the oldest and largest military aviation museum in the world and the National Afro-American Museum in Wilberforce. Construction continues on the County’s system of bicycle paths which have become part of a larger network, not only connecting throughout the County, but also throughout the region. The Nutter Center at Wright State University offers the top names in music entertainment and NCAA Division I basketball. The County has several outdoor facilities such as John Bryan State Park in Yellow Springs, Sugarcreek Reserve in Bellbrook and the Clifton Gorge State Nature Preserve in Clifton.
Greene County continues to foster strong government-business relationships. Quality commercial, residential and educational opportunities will continue to attract individuals and businesses to Greene County in the future.
RELEVANT FINANCIAL POLICIES
The County maintains a budget stabilization reserve within its general fund of $2.75 million, the maximum allowed under state statute. The County policy is to attempt to maintain a carryover balance in the general fund of 10% of the prior year expenditures, which provides sufficient resources until the property tax settlement is received.
In order to ensure the vehicle and computer needs of the County are funded on a continuing basis, the County sets aside money to replace all vehicles and computer equipment based on a schedule which takes into consideration the equipments age and condition.
MAJOR INITIATIVES
The County continues to closely monitor the budget. Starting in 2015, the County and began taking steps to replace HVAC systems throughout the County. This project is expected to take several years and cost up to $6 million. Due to the County’s cash position in the general fund this project is not intended to be paid with existing funds.
Growth in the local economy has been modest. Local governments throughout the state continue to struggle as a result of cuts made by the State of Ohio in its funding local government functions. The County has however positioned itself to absorb these reductions in revenue and continues to be optimistic about the county’s financial future. Growth in both the commercial and residential base has resulted in an increase in the tax base for both property and sales tax.
GFOA CERTIFICATE OF ACHIEVEMENT The GFOA awarded a Certificate of Achievement for Excellence in Financial Reporting to Greene County for its CAFR for the fiscal year ended December 31, 2015. The Certificate of Achievement is a prestigious national award recognizing conformance with the highest standards for preparation of state and local government financial reports. In order to be awarded a Certificate of Achievement, a government unit must publish an easily readable and efficiently organized CAFR, whose contents conform to program 6 standards. As such the CAFR must satisfy both GAAP and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. Greene County has received a Certificate of Achievement for the last thirty consecutive years (fiscal years ended 1986 - 2015). We believe our current report continues to conform to the Certificate of Achievement program requirements, and we are submitting it to GFOA.
ACKNOWLEDGMENTS
This report was made possible through the efforts of the employees and elected officials of Greene County.
Sincerely,
David A. Graham Greene County Auditor
7 GREENE COUNTY, OHIO ELECTED OFFICIALS AS OF DECEMBER 31, 2016
County Elected Officials: Alan G. Anderson...... Commission President
Thomas R. Koogler ...... Commissioner
Robert J. Glaser, Jr ...... Commissioner
David A. Graham ...... Auditor
Richard D. Gould, CPA ...... Treasurer
Stephen K. Haller ...... Prosecutor
Terri A. Mazur ...... Clerk of Courts
Kevin L. Sharrett ...... Coroner
Gene C. Fischer ...... Sheriff
Eric C. Sears ...... Recorder
Robert N. Geyer ...... Engineer
Common Pleas Court Judges:
General Division Hon. Michael A. Buckwalter ...... Judge
General Division Hon. Stephen A. Wolaver ...... Administrative Judge
Domestic Relations Division Hon. Steven L. Hurley...... Judge
Probate Division Hon. Thomas M. O’Diam ...... Judge
Juvenile Division Hon. Adolfo A. Tornichio ...... Judge
8 GREENE COUNTY ORGANIZATIONAL CHART
ELECTORATE
County Common Pleas Prosecuting Auditor Treasurer Recorder Engineer Sheriff Coroner Clerk of Courts Commissioners Court Attorney
County Domestic General Division Administrator Relations Division
Animal Control Sanitary Engineer Personnel Human Services Juvenile Division Probate Division Director Director Director Director
Greenewood Clerk / Fiscal Parks & Risk Management Manor Officer for Recreations Director Administrator Commissioners Director 9 Building Today Center Office of Public Regulations & Office of Finance Director Works Services
RELATED COUNTY BOARDS:
Regional Airport Airport Zoning Airport Zoning Regional Planning Human Services Building Code Budget Board of Records Library Board Authority Board Board of Appeals Commission Advisory Board Appeal Board Commission Revisions Commission
Recreations & Eastern Miami Board of Public Defender's Children's Microfilming Automatic Data Adult Day Care Private Industry WPAFB Joint Parks Advisory Valley ADAMHS Developmental Commission Services Board Board Processing Board Advisory Board Council Zoning Appeals Board Board Disabilities
Commission on Greene University Student Children's Trust Animal Claim Youth Services Metropolitan & Community Advisory Board Advisory Board Advisory Board Housing Board Relations GREENE COUNTY AUDITOR'S OFFICE ORGANIZATIONAL CHART
Auditor
Weights & Measures Real Estate Administrative Section Information Technology Personal Property Accounting
CAUV Licenses Data Processing Mobile Home Tax Payroll 10
Geographic Information Tax Maps Pay-ins Delinquent Taxes Warrants & Vouchers System
Appraisals Budgets Homestead Financial Data
Transfers Revenue Distribution Financial Reporting
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12 FINANCIAL SECTION
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INDEPENDENT AUDITORS’ REPORT
Greene County Honorable Board of County Commissioners 35 Greene Street Xenia, OH 45385
Report of the Financial Statements We have audited the accompanying financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of Greene County, Ohio (the “County”) as of and for the year ended December 31, 2016, and the related notes to the financial statements, which collectively comprise the County’s basic financial statements as listed in the table of contents.
Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditors’ Responsibility Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Opinions In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of Greene County, Ohio, as of December 31, 2016, and the respective changes in financial position and, where applicable, cash flows thereof and the respective budgetary comparisons for the General, Motor Vehicle Road and Bridge, Department of Job and Family Services, Children Services, and Board of Developmental Disabilities funds for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis (pages 15 through 21), schedules for infrastructure assets accounted for using the modified approach (pages 72 through 73), and schedules of proportionate share of net pension liability and pension contributions (pages 74 through 75) be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the County’s basic financial statements. The introductory section, the combining fund financial statements, the individual fund budgetary comparison schedules, the capital asset schedules, and the statistical section are presented for purposes of additional analysis and are not a required part of the basic financial statements.
The combining fund financial statements and individual fund budgetary comparison schedules are the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining fund financial statements and individual funds budgetary comparison schedules are fairly stated, in all material respects, in relation to the basic financial statements as a whole.
The introductory section, capital asset schedules, and statistical section have not been subjected to the auditing procedures applied in the audit of the basic financial statements, and accordingly, we do not express an opinion or provide any assurance on them.
Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated June 26, 2017 on our consideration of the County’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the County’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering County’s internal control over financial reporting and compliance. Clark, Schaefer, Hackett & Co. Springfield, Ohio June 26, 2017
GREENE COUNTY, OHIO MANAGEMENT’S DISCUSSION AND ANALYSIS (UNAUDITED) FOR THE YEAR ENDED DECEMBER 31, 2016
As management of Greene County (the County), we offer readers of the County’s financial statement this narrative overview and analysis of the financial activities of the County for the year ended December 31, 2016. We encourage readers to consider the information presented here in conjunction with additional information that we have furnished in our letter of transmittal, which can be found on pages 4-7 of this report.
Financial Highlights x The assets and deferred outflows of the County exceeded its liabilities and deferred inflows at December 31, 2016, by $361,954,800. Of this amount, governmental activities have ($8,616,978) in unrestricted net position due to the 2015 implementation of Governmental Accounting Standards Board (GASB) Statement No. 68. x The net position of the governmental activities increased 1.0% while the business type activities increased 5.4%. x The revenue of the governmental activities increased $3.8 million from the amounts reported in 2015. Of this, program revenues increased $3.5 million while general revenues increased $.3 million from amounts reported in the prior year. During this same period, governmental activities’ expenses increased 9.5%. x In the business-type activities revenues decreased $.7 million from the amounts reported in 2015, which was the result of a decrease in program revenues of $.7 million while general revenues increased nominally. During this time expenses decreased $.1 million or 0.4%. x As of December 31, 2016, the County’s governmental funds reported combined ending fund balances of $102.8 million, an increase of $3.2 million in comparison with the prior year. Of the ending fund balance $27.5 million is available for spending at the County’s discretion. x Revenues in the County’s governmental fund financial statements increased $3.9 million from what they had been in the previous year, while expenditures increased $8.7 million or 7.7% of what had been expended in 2015. x The County’s outstanding debt decreased by $1.2 million or 5.1% in governmental activities and decreased $9.5 million or 6.1% in business-type activities during the current fiscal year. x In the general fund the actual revenues came in 11.6% higher than they were budgeted and expenditures were 90.8% of the amounts budgeted.
Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the County’s basic financial statements. The County’s basic financial statements comprise three components: 1) government-wide financial statements, 2) fund financial statements including budgetary statements for the general and major special revenue funds, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements.
Government-wide financial statements: The government-wide financial statements are designed to provide readers with a broad overview of the County’s finances, in a manner similar to a private-sector business.
The statement of net position presents information on all of the County’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources, with the difference between the four reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the County is improving or deteriorating.
The statement of activities presents information showing how the County’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some transactions that will result in cash flows in future periods (e.g., uncollected taxes and earned but unused vacation leave).
Both of the government-wide financial statements distinguish functions of the County that are principally supported by taxes and intergovernmental revenues (governmental activities) from functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the County include legislative and executive, judicial, public safety, public works, health, human services, conservation and recreation, and community and economic development.
15 GREENE COUNTY, OHIO MANAGEMENT’S DISCUSSION AND ANALYSIS (UNAUDITED) FOR THE YEAR ENDED DECEMBER 31, 2016 (Continued)
Fund financial statements: A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The County, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the County can be divided into three categories: governmental funds, proprietary funds, and fiduciary funds.
Governmental funds: Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on current sources and uses of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-term financing requirements.
Because the focus of governmental fund financial statements is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.
The County maintains thirty-six governmental funds. Information is presented separately in the Governmental Fund Balance Sheet and in the Governmental Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund, Motor Vehicle Road and Bridge, Department of Job and Family Services, Children Services Board, and Board of Developmental Disabilities all of which are considered to be major funds. Data from the other governmental funds are combined into a single, aggregated presentation. Individual fund data for each of these non- major governmental funds is provided in the form of combining statements elsewhere in this report.
The County adopts an annual appropriated budget for its funds. A budgetary comparison statement has been provided for the general fund and each major special revenue fund to demonstrate compliance with the budget.
Proprietary funds: The County maintains two different types of proprietary funds. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The County uses enterprise funds to account for its water and sewer operations. Internal service funds are accounting devices used to accumulate and allocate costs internally among the County’s various functions. The County uses an internal service fund to account for its self-insurance program. Because this service predominantly benefits governmental rather than business-type functions, it has been included within governmental activities in the government-wide financial statements.
Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The proprietary fund financial statements provide separate information for the water and sewer activities since both are considered to be major funds of the County. Because the internal service fund is the only remaining proprietary fund it is being presented as a separate fund even though it does not meet the criteria of a major fund established in Governmental Accounting Standards Board No. 34.
Fiduciary funds: Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statement because the resources of those funds are not available to support the County’s own programs. The accounting used for fiduciary funds is much like that used for proprietary funds.
Notes to the basic financial statements: The notes provide additional information that is essential to gain a full understanding of the data provided in the government-wide and fund financial statements.
Other information: In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information. Governmental Accounting Standards Board Statement No. 34 requires disclosure regarding infrastructure reported using the modified approach. Additionally, Governmental Accounting Standards Board Statements No. 68 requires disclosure regarding Ohio Public Employees Retirement System and the County’s proportionate share of the net pension liability and a schedule of the County’s contributions to the system.
The combining statements referred to earlier in connection with non-major governmental funds are presented immediately following the required supplementary information on infrastructure and pension information. 16 GREENE COUNTY, OHIO MANAGEMENT’S DISCUSSION AND ANALYSIS (UNAUDITED) FOR THE YEAR ENDED DECEMBER 31, 2016 (Continued)
Government-wide Financial Analysis
As noted earlier, net position may serve over time as a useful indicator of a government’s financial position. In the case of the County, assets and deferred outflows exceeded liabilities and deferred inflows by $361,954,800 as of December 31, 2016. Greene County's Net Position (Expressed is Thousands of Dollars)
Government Activities Business-type Activities Total 2016 2015 2016 2015 2016 2015 Current and Other Assets$ 160,013 $ 159,785 $ 42,778 $202,791 39,691 $$ 199,476 Capital Assets 162,361 163,064 251,135 255,900 413,496418,964 Total Assets 322,374 322,849 293,913 295,591 616,287 618,440
Deferred Outflows 24,300 8,627 9,590 8,843 33,890 17,470
Long-term Liabilities 88,301 71,588 148,363 159,440 236,664 231,028 Other Liabilities 8,048 12,616 3,641 1,280 11,689 13,896 Total Liabilities 96,349 84,204 152,004 160,720 248,353 244,924
Deferred Inflows 39,784 38,749 85 54 39,869 38,803
Net Investment in Capital Assets 151,356 151,518 115,363 108,197 266,719 259,715 Restricted 67,802 66,057 17,312 8,631 85,114 74,688 Unrestricted (8,617) (9,052) 18,739 26,832 10,12217,780 Total Net Position$ 210,541 $ 208,523 $ 151,414$ 143,660$ 361,955$ 352,183
By far the largest portion of the County’s net position reflects its investment in capital assets (e.g., land, buildings, equipment, and infrastructure), less any related debt used to acquire those assets that are still outstanding. The County uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the County’s investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.
An additional portion of the County’s net position is resources that are subject to external restriction on how they may be used. The remaining balance is unrestricted net position and may be used to meet the County’s ongoing obligations to citizens and creditors. However, during 2015 the County implemented GASB 68 and GASB 71 which requires governments to report a liability for its share of pension obligations which directly affects unrestricted net position. Therefore, the County continues to present negative unrestricted net position for governmental activities.
For governmental activities, total assets decreased approximately $.5 million. This change was primarily the result of the decrease in capital assets due to the addition of current year depreciation. The decrease in net capital assets was offset by an increase in taxes receivable at December 31, 2016. Total liabilities increased $12.1 million primarily due to the increase in the net pension liability of $18.5 million for the current year, which was offset by a decrease in claims payable of $4.8 million. This decrease was the result of the county’s health insurance not billed timely by the provider in the prior year.
For business-type activities, net position increased $7.8 million during 2016. This increase was the result of positive operations for the year and restructuring of outstanding debt.
17 GREENE COUNTY, OHIO MANAGEMENT’S DISCUSSION AND ANALYSIS (UNAUDITED) FOR THE YEAR ENDED DECEMBER 31, 2016 (Continued)
Greene County's Changes in Net Position (Expressed in Thousands of Dollars)
Governmental Activities Business-type Activities Total 2016 2015 2016 2015 2016 2015 Revenues: Program Revenues: Charges for Services$ 19,910 $ 18,559 $ 30,520 $ 30,277 $ 50,430 $ 48,836 Operating Grants/Contributions 30,363 30,106 - - 30,363 30,106 Capital Grants/Contributions 3,235 1,278 1,705 2,695 4,940 3,973 General Revenues: Property Taxes 38,529 37,608 - - 38,529 37,608 Sales Tax 27,322 26,352 - - 27,322 26,352 Other Taxes 1,080 987 - - 1,080 987 Unrestricted Grants 4,845 4,572 - - 4,845 4,572 Investment Earnings (530) 1,022 55 47 (475) 1,069 Other 733 1,172 639 642 1,3721,814 Total Revenues 125,487 121,656 32,919 33,661 158,406 155,317 Expenses: Legislative and Executive 21,062 16,709 - - 21,062 16,709 Judicial 8,596 8,072 - - 8,596 8,072 Public Safety 23,022 20,908 - - 23,022 20,908 Public Works 9,470 8,564 - - 9,470 8,564 Health 25,569 25,929 - - 25,569 25,929 Human Services 29,626 26,876 - - 29,626 26,876 Conservation and Recreation 3,334 3,033 - - 3,334 3,033 Community and Economic Development 1,896 1,678 - - 1,896 1,678 Interest and Fiscal Charges 859 940 - - 859 940 Water - - 9,080 9,338 9,080 9,338 Sewer - - 16,121 15,973 16,121 15,973 Total Expenses 123,434 112,709 25,201 25,311 148,635 138,020 Changes in Net Position Before Transfers 2,053 8,947 7,718 8,350 9,771 17,297 Transfers (36) (19) 36 19 - - Change in Net Position 2,017 8,928 7,754 8,369 9,771 17,297 Net Position January 1 208,523 199,595 143,660 135,291 352,183 334,886 Net Position December 31$ 210,540 $ 208,523$ 151,414 $ 143,660 $ 361,954 $ 352,183
Analysis of the County’s Operations: The table above provides a summary of the County’s operations for 2016 and 2015. The County’s financial position improved for both governmental and business-type activities. Some of the more significant changes included:
x Property taxes increased $0.9 million, which is directly related to the valuation increase attributable to new construction.
x Sales tax increased $1 million due to the recovering economy and additional commercial development in the County.
x Investment earnings decreased $1.6 million and is being reported as ($.5) million due to the difference between the book value of assets compared to the market value at year end. Investments are valued at fair value on the financial statements.
x The most significant changes to program revenues included a $1 million increase in charges for service revenue related to various legislative and executive programs, and an almost $2 million increase in capital grants and contributions for the improvement of two bridges and the expansion of bike trails within the County.
18 GREENE COUNTY, OHIO MANAGEMENT’S DISCUSSION AND ANALYSIS (UNAUDITED) FOR THE YEAR ENDED DECEMBER 31, 2016 (Continued)
x Overall governmental activity expenses increased 9.5% or $10.7 million from 2015. The more significant changes included: o Legislative and executive expenses increased $4.4 million or 26.1% due primarily to a number of one-time expenses including: x $.3 million increase for the Board of Elections due to the presidential primary and general election. Not only did this require additional staff and supplies, but equipment upgrades were necessary in order to meet the increased demand of a presidential election. x During 2016 the County offered a number of grants to other political subdivisions to further economic development including $1.4 million to the Greene County Airport for upgrades and extension of runways. The County also provided nearly a million dollars to subdivisions in order to promote economic development in the area. x The County invested in significant infrastructure maintenance and repairs to properties essential to provide service to its customers. This included $.5 for parking lot resurfacing and payments related to an HVAC project that is expected to be completed over the next few years. x The County also settled a lawsuit dealing with the acquisition of land the occurred prior to 2016. The lawsuit resulted in a $1.1 million dollar payment, but eliminated contractual obligations the County agreed to when purchasing the property whose cost would have exceeded the settled amount.
o Public safety expenses increased $2.1 million or 10.1% due primarily to an increase in the number of employees working for the Sheriff and the Juvenile Detention Center. During 2016, the County opened jail pods that had remained closed since economic downturn in 2008. This resulted in an additional 19 employees being hired. The Juvenile Detention Center restructured the detention officers resulting in an additional 23 employees.
o Public Works expenses increased nearly $1 million primarily due to the improvement of two bridges during 2016. In 2015 there were no bridge replacements. This increase in expenses was offset by an increase in capital grants related to public works.
o Human Services expenses increased $2.8 million or 10.2%. This is directly related to services provided on behalf of the Ohio Department of Job and Family. The increase is directly related to the increase in services as a result of the expansion of Medicare and the drug epidemic causing a higher demand for services. This increase in expenses was offset by an increase in revenues from the State.
x The business-type activities overall operations decreased by 7.6%, in 2016. Significant changes included a $1 million decrease in capital grants and contributions related to the completion of several assessment projects in 2016.
Financial Analysis of the Government’s Funds: As noted earlier, Greene County uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements.
Governmental Funds: The focus of Greene County’s governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the County’s financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year.
As of the end of the current fiscal year, Greene County’s governmental funds reported combined ending fund balances of $102.8 million, an increase of $3.2 million in comparison with the prior year. Of this, $27.5 million constitutes unassigned fund balance, which is available for spending at the County’s discretion. The remainder of the fund balance is reported separately to indicate that it is not available for new spending because it has been set aside for other purposes.
The general fund is the chief operating fund of the County. As of December 31, 2016, the general fund reported $27.5 million in unassigned fund balance and a $34.3 million in total fund balance. This is an increase of $.4 million from amounts reported in the prior year.
Within the General Fund, revenues in 2016 were up $.9 million or 1.7%. Sales tax revenue was up $1 million or 3.7% from the prior year, but this increase was offset by a decrease in investment earnings due to the financial statement reporting investments at fair value which at year end was significantly less than the original cost of the investments. 19 GREENE COUNTY, OHIO MANAGEMENT’S DISCUSSION AND ANALYSIS (UNAUDITED) FOR THE YEAR ENDED DECEMBER 31, 2016 (Continued) Expenditures increased by $5.5 million or 13.3% during 2016. The increase is detailed in the legislative and executive description related to the change in net position above. Within the other major governmental funds of the County, the following items of significance were noted:
The Motor Vehicle, Road and Bridge Fund saw its expenditures increase $1.8 million which was the result of there being more major projects in 2016 as compared to 2015. Department of Job and Family Services saw an increase in intergovernmental revenues of $.7 million, and Children Services saw an increase in intergovernmental revenues of $1.2 million. These increases in funding were the result of an increase in community need for services provided by each department.
Proprietary Funds: The County’s two proprietary funds are the water fund and the sewer fund, which comprise all of the County’s business-type activities. During 2016, the water fund saw an increase in net position of $2.8 million while net position in the sewer fund grew by $5 million. In each fund, operating revenues and operating expenses remained consistent with that seen in 2015.
General Fund Budgetary Highlights: The County made numerous revisions to the original appropriations approved by the County Commissioners. During the year, the appropriations for the general fund were increased $1.6 million. The County’s budgeted revenues were increased $.2 million during the year. Even after this revision to the budget, actual revenue came in $5.4 million or 11.6% more than the final budgeted amount. The County spent 90.8% of the amount appropriated in the general fund during 2016, resulting in the overall general fund’s financial position being $10.7 million better than budgeted for the year.
Capital Assets: Capital Assets Net of Accumulated Depreciation (Expressed in Thousands of Dollars)
Governmental Activities Business-type Activities Total 2016 2015 2016 2015 2016 2015 Land$ 2,452 $ 2,452 $ 2,093 $ 2,093 $ 4,545 $ 4,545 Infrastructure 131,337 131,271 - - 131,337 131,271 Construction in Progress - 321 1,074 1,346 1,074 1,667 Buildings and Improvements 24,376 24,870 6,347 6,631 30,723 31,501 Water and Sewer Lines - - 240,110 244,965 240,110 244,965 Equipment 4,196 4,149 1,511 865 5,707 5,014 Total$ 162,361 $ 163,063 $ 251,135 $ 255,900 $ 413,496 $ 418,963
The County uses the modified approach to report roads and bridges which are reported as infrastructure in the governmental activities. The County manages its roads using two methods, the Financial Condition Rating which measures the condition of a road by comparing the estimated cost to repair the road to the estimated cost of replacing the road and the Physical Condition Rating which consider factors such as; time since the road had surface maintenance, surface condition (i.e., cracking) from visual observation, traffic volume, traffic type, and Financial Condition Rating. A committee meets and determines the Physical Condition Rating of each County road. Both measurements use a scale of one to five, with five being excellent. It is the County Engineer’s policy to maintain 90% of the County roadways at a Physical Condition Rating of three or better. The most recent assessment found that 100% of the County roads have a Physical Condition Rating of three or better, as was the case in the previous two Physical Condition Ratings. For 2016, the County Engineer budgeted $3,992,257 for maintaining the roads of the County at an acceptable level. Actual expenditures were $3,098,092.
The County manages its bridges using a General Appraisal Rating, which was developed by the Federal Highway Administration. The system uses a numerical ranking of zero to nine, with nine being excellent, to evaluate all County bridges. It is the policy of the Greene County Engineer to maintain a bridge system in the County where 95% of the structures have a General Appraisal rating of five or more. The most recent assessment found that 99% of the County bridges have a General Appraisal Rating of five or better. The three bridges that are rated below five are covered bridges, which are registered historical landmarks and therefore cannot be removed or improved to increase the bridge rating. For 2016, the County Engineer budgeted $1,174,724 for maintaining the bridges of the County at an acceptable level. Actual expenditures were $1,010,115.
20 GREENE COUNTY, OHIO MANAGEMENT’S DISCUSSION AND ANALYSIS (UNAUDITED) FOR THE YEAR ENDED DECEMBER 31, 2016 (Continued) For more information regarding the County’s capital assets, see footnote E of the Notes to the Basic Financial Statements.
Debt: Outstanding Debt (Expressed in Thousands of Dollars)
Governmental Activities Business-type Activities Total 2016 2015 2016 2015 2016 2015 General Obligation Bonds$ 22,685 $ 23,801 $ 73,224 $ 74,966 $ 95,909 $ 98,767 Revenue Bonds - - 16,162 23,256 16,162 23,256 OWDA/OPWC Related Debt - - 51,731 54,588 51,731 54,588 Bond Anticipation Notes - 110 2,410 - 2,410 110 Special Assessment Bonds - - 2,553 2,812 2,553 2,812 Total$ 22,685 $ 23,911 $ 146,080 $ 155,622 $ 168,765 $ 179,533
During 2016, the County refunded the outstanding principal balance of the 2010 Water System revenue bonds. Additionally, the County issued $2.4 million in bond anticipation notes for the purpose of constructing water and sewer extensions.
For more information regarding the County’s debt, see footnote F and G of the Notes to the Basic Financial Statements.
Economic Factors and Next Year’s Budgets and Rates
The County’s budgeted revenues for the general fund in 2017 are consistent with those appearing in the final budget for 2016. The Board of County Commissioners will review the County’s financial position throughout 2017 to determine if the final appropriations for the year need to be adjusted.
As a result of the current economic climate most revenues are expected to remain unchanged from 2016. Sales tax revenue is expected to increase due to additional commercial construction, while property tax revenue is expected to increase slightly due to additional residential construction.
Requests for Information
This financial report is designed to provide our citizens, taxpayers, customers, investors and creditors with a detailed overview of the County’s finances. If you have questions about this report contact the County Auditor’s Office by calling (937) 562-5065, writing the County Auditor at 69 Greene Street, Xenia, Ohio 45385 or visiting the County’s web site at www.co.greene.oh.us.
21 GREENE COUNTY, OHIO GOVERNMENT-WIDE STATEMENT OF NET POSITION DECEMBER 31, 2016
Primary Government Governmental Business-Type Activities Activities Total ASSETS: Equity in Pooled Cash and Cash Equivalents $ 104,145,004 $ 13,281,585 $ 117,426,589 Cash and Cash Equivalents in Segregated Accounts 78,152 2,192,902 2,271,054 Receivables (Net of Allowances for Uncollectibles) Taxes 44,154,215 44,154,215 Accounts 663,369 3,503,276 4,166,645 Special Assessments 4,492,387 4,492,387 Accrued Interest 252,394 252,394 Internal Balances 304,280 (304,280) Due from Other Governments 10,415,427 10,415,427 Materials and Supplies Inventory 937,107 937,107 Prepaid Items 177,499 177,499 Restricted Assets: Equity in Pooled Cash and Cash Equivalents 17,311,731 17,311,731 Cash and Cash Equivalents with Escrow Agents 1,185,996 1,185,996 Capital Assets Not Being Depreciated 133,788,822 3,167,515 136,956,337 Capital Assets (Net of Accumulated Depreciation) 28,572,008 247,967,121 276,539,129 Total Assets 322,373,671 293,912,839 616,286,510
DEFERRED OUTFLOWS OF RESOURCES: Deferred Charge on Refunding 1,069,815 7,918,847 8,988,662 Pension 23,229,721 1,671,058 24,900,779 Total Deferred Outflows of Resources 24,299,536 9,589,905 33,889,441
LIABILITIES: Accounts Payable 2,841,890 685,388 3,527,278 Accrued Wages and Benefits 3,207,131 263,790 3,470,921 Due to Other Governments 83,333 83,333 Accrued Interest Payable 63,028 238,680 301,708 Notes Payable 2,410,000 2,410,000 Claims Payable 1,852,081 1,852,081 Payable from Restricted Assets: Matured General Obligation Bonds 5,000 5,000 Matured General Obligation Bond Interest 5,981 5,981 Matured Special Assessment Bonds with Governmental Commitment 15,000 15,000 Matured Special Assessment Bond Interest with Governmental Commitment 16,997 16,997 Long-Term Liabilities: Due Within One Year 2,126,411 12,319,306 14,445,717 Due in More Than One Year: Net Pension Liability (See Note H) 61,060,965 4,279,306 65,340,271 Other Amounts Due in More than One Year 25,113,677 131,764,795 156,878,472 Total Liabilities 96,348,516 152,004,243 248,352,759
DEFERRED INFLOWS OF RESOURCES: Property Taxes 38,606,095 38,606,095 Pension 1,177,609 84,688 1,262,297 Total Deferred Inflows of Resources 39,783,704 84,688 39,868,392
NET POSITION: Net Investment in Capital Assets 151,356,072 115,363,241 266,719,313 Restricted for: Debt Service 1,134,036 906,533 2,040,569 Capital Outlay 16,405,198 16,405,198 Other Purposes 862,853 862,853 Road and Bridge Maintenance 11,738,359 11,738,359 Human and Social Services 14,903,944 14,903,944 Health Care Assistance 24,875,295 24,875,295 Public Safety Programs 4,448,726 4,448,726 General Administrative Services 5,371,114 5,371,114 Community and Economic Programs 1,598,083 1,598,083 Unclaimed Monies 34,014 34,014 Conservation 2,748,745 2,748,745 Trust Fund - Expendable 15,924 15,924 Trust Fund - Nonexpendable 70,800 70,800 Unrestricted (8,616,978) 18,738,841 10,121,863 Total Net Position $ 210,540,987 $ 151,413,813 $ 361,954,800
The notes to the financial statements are an intergral part of this statement. 22 GREENE COUNTY, OHIO GOVERNMENT-WIDE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2016
Program Revenues Net(Expense)Revenue and Changes in Net Position Operating Capital Primary Government Charges for Grants and Grants and Governmental Business-Type Expenses Services Contributions Contributions Activities Activities Total Governmental Activities: Legislative and Executive $ 21,062,096 $ 6,535,020 $ 324,646 $ 63,104 $ (14,139,326) $ (14,139,326) Judicial 8,595,676 1,791,453 512,988 (6,291,235) (6,291,235) Public Safety 23,022,264 3,554,754 3,295,773 84,277 (16,087,460) (16,087,460) Public Works 9,470,211 447,717 5,236,245 2,087,851 (1,698,398) (1,698,398) Health 25,569,399 877,151 5,887,961 (18,804,287) (18,804,287) Human Services 29,625,809 5,281,420 13,783,623 (10,560,766) (10,560,766) Conservation and Recreation 3,333,687 1,422,609 125,193 1,000,000 (785,885) (785,885) Community and Economic Development 1,895,927 1,196,777 (699,150) (699,150) Interest and Fiscal Charges 859,118 (859,118) (859,118) Total Governmental Activities 123,434,187 19,910,124 30,363,206 3,235,232 (69,925,625) (69,925,625)
Business-Type Activities: Water 9,080,292 10,602,474 950,126 2,472,308 2,472,308 Sewer 16,121,099 19,917,037 754,724 4,550,662 4,550,662 Total Business-Type Activities 25,201,391 30,519,511 1,704,850 7,022,970 7,022,970 23
Total - Primary Government $ 148,635,578 $ 50,429,635 $ 30,363,206 $ 4,940,082 $ (69,925,625) $ 7,022,970 $ (62,902,655)
General Revenues: Taxes: Property Taxes, Levied for General Purposes 8,729,882 8,729,882 Property Taxes, Levied for Road and Bridge Maintenance 842,083 842,083 Property Taxes, Levied for Community Mental Health 4,074,606 4,074,606 Property Taxes, Levied for Developmental Disability Services 11,191,107 11,191,107 Property Taxes, Levied for County Hospital Services 3,201,355 3,201,355 Property Taxes, Levied for Children's Services 5,211,181 5,211,181 Property Taxes, Levied for Senior Citizen Services 4,998,077 4,998,077 Property Taxes, Levied for Debt Service 280,919 280,919 Sales Taxes 27,322,202 27,322,202 County Hotel Lodging Tax 1,080,080 1,080,080 Grants and Entitlements not Restricted to Specific Programs 4,844,649 4,844,649 Investment Earnings (529,963) 55,370 (474,593) Gain on Sale of Capital Assets 4,866 4,866 Other Revenues 733,457 634,355 1,367,812 Transfers (35,926) 35,926 Total General Revenues and Transfers 71,943,709 730,517 72,674,226 Change in Net Position 2,018,084 7,753,487 9,771,571 Net Position Beginning of Year 208,522,903 143,660,326 352,183,229 Net Position End of Year $ 210,540,987 $ 151,413,813 $ 361,954,800
The notes to the financial statements are an intergral part of this statement. GREENE COUNTY, OHIO BALANCE SHEET GOVERNMENTAL FUNDS DECEMBER 31, 2016
Motor Vehicle Department of Board of Other Total Road & Job and Family Children Developmental Governmental Governmental General Bridge Services Services Disabilities Funds Funds ASSETS: Equity in Pooled Cash and Cash Equivalents $ 30,941,528 $ 8,847,141 $ 1,649,874 $ 8,990,118 $ 23,742,637 $ 25,392,082 $ 99,563,380 Cash and Cash Equivalents in Segregated Accounts 78,152 78,152 Receivables (Net of Allowance for Uncollectibles) Taxes 13,517,224 865,598 5,356,771 11,504,127 12,910,495 44,154,215 Accounts 182,530 48,750 9,703 494 421,892 663,369 Accrued Interest 247,164 5,102 128 252,394 Due from Other Funds 206,828 1,677 242 53,612 262,359 Interfund Receivable 308,494 308,494 Due from Other Governments 2,461,905 3,366,132 78,754 849,670 1,314,953 2,344,013 10,415,427 Total Assets $ 47,865,673 $ 13,134,400 $ 1,738,573 $ 15,197,053 $ 36,561,717 $ 41,200,374 $ 155,697,790
LIABILITIES: Accounts Payable 1,243,939 90,333 164,117 501,934 301,487 420,051 2,721,861 Accrued Wages and Benefits 1,623,894 161,507 358,721 17,102 496,460 549,447 3,207,131 Due to Other Governments 83,333 83,333 24 Interfund Payable 308,494 308,494 Due to Other Funds 3,716 11,017 62,985 9,233 5,486 161,981 254,418 Total Liabilities 2,871,549 262,857 585,823 528,269 803,433 1,523,306 6,575,237
DEFERRED INFLOWS OF RESOURCES: Property Taxes 8,765,383 843,035 5,217,429 11,203,061 12,577,187 38,606,095 Unavailable Revenue 1,944,241 2,290,639 447,320 1,413,172 1,604,035 7,699,407 Total Deferred Inflows of Resources 10,709,624 3,133,674 5,664,749 12,616,233 14,181,222 46,305,502
FUND BALANCES: Nonspendable 34,014 70,800 104,814 Restricted 9,737,869 1,152,750 9,004,035 23,142,051 20,458,428 63,495,133 Committed 4,966,618 4,966,618 Assigned 6,789,292 6,789,292 Unassigned 27,461,194 27,461,194 Total Fund Balances 34,284,500 9,737,869 1,152,750 9,004,035 23,142,051 25,495,846 102,817,051
Total Liabilities, Deferred Inflows of Resources and Fund Balances $ 47,865,673 $ 13,134,400 $ 1,738,573 $ 15,197,053 $ 36,561,717 $ 41,200,374 $ 155,697,790
The notes to the financial statements are an intergral part of this statement. GREENE COUNTY, OHIO RECONCILIATION OF THE TOTAL GOVERNMENTAL FUND BALANCES TO NET POSITION OF GOVERNMENTAL ACTIVITIES DECEMBER 31, 2016
Total Governmental Fund Balances $ 102,817,051
Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore are not reported in the funds. These assets consist of: Land 2,451,528 Infrastructure 131,337,294 Buildings, Structures and Improvements 41,617,584 Equipment, Furniture and Fixtures 12,896,022 Accumulated Depreciation (25,941,598) Total capital assets 162,360,830
Internal service fund is used by management to charge the costs of certain services to individual funds. The assets and liabilities of the internal service fund is included in governmental activities in the statement of net position. 2,609,514
Adjustments to reflect the consolidation of internal service fund activities related to enterprise activity. 296,339
Other long-term assets are not available to pay for current-period expenditures and, therefore are offset by deferred inflows of resources in the funds: Property Taxes 828,175 Intergovernmental 6,687,199 Special Assessments 13,060 Charges for Service 45,607 Investment Earnings 125,366 Total 7,699,407
Long-term liabilities are not due and payable in the current period and therefore are not reported in the funds. Those liabilites consist of: General Obligation Bonds, Net Carrying Value (22,684,854) Capital Lease (149,641) Compensated absences (4,405,593) Total (27,240,088)
Accrued interest on bonds is not reported in the funds, where interest expenditures are reported when due. (63,028)
Deferred amounts on refunding are not recognized as assets in the funds, where they are recorded as expenditures when paid. 1,069,815
The net pension liability is not due and payable in the current period; therefore, the liability and related deferred inflows/outflows are not reported in governmental funds. Deferred Outflows - Pension 23,229,721 Deferred Inflows - Pension (1,177,609) Net Pension Liability (61,060,965) Total (39,008,853)
Total net position of governmental activities$ 210,540,987
The notes to the financial statements are an integral part of this statement.
25 GREENE COUNTY, OHIO STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016
Department of Board of Other Total Motor Vehicle Job and Family Children Developmental Governmental Governmental General Road & Bridge Services Services Disabilities Funds Funds REVENUES: Taxes $ 36,028,863 $ 836,659 $ 5,178,635 $ 11,115,959 $ 13,520,856 $ 66,680,972 Special Assessments 39,716 39,716 Charges for Services 7,569,162 229,710 53,374 99,641 9,114,030 17,065,917 Licenses and Permits 1,023,437 259,694 1,283,131 Fines and Forfeitures 319,117 162,557 575,120 1,056,794 Intergovernmental 5,492,074 7,252,085 $ 6,113,430 5,200,303 4,451,286 9,116,070 37,625,248 Investment Earnings (180,435) 22,164 133,262 (25,009) Other 157,781 4,794 334,992 2,834 51,811 387,093 939,305 Total Revenues 50,409,999 8,547,685 6,448,422 10,435,146 15,718,697 33,106,125 124,666,074
EXPENDITURES: Current: General Government: Legislative and Executive 18,393,499 1,475,573 19,869,072
26 Judicial 8,141,179 8,141,179 Public Safety 15,950,689 5,887,855 21,838,544 Public Works 763,250 9,128,134 9,891,384 Health 367,627 16,404,608 8,828,868 25,601,103 Human Services 787,422 6,689,844 9,163,878 11,853,751 28,494,895 Conservation and Recreation 2,404,119 815,211 3,219,330 Community and Economic Development 313,118 1,517,006 1,830,124 Capital Outlay 92,820 92,820 Debt Service: Principal Retirements 1,070,000 1,070,000 Interest and Fiscal Charges 884,288 884,288 Total Expenditures 47,120,903 9,128,134 6,689,844 9,163,878 16,404,608 32,425,372 120,932,739
Excess of Revenues Over (Under) Expenditures 3,289,096 (580,449) (241,422) 1,271,268 (685,911) 680,753 3,733,335
OTHER FINANCING SOURCES AND USES: Transfers In 735 272,402 2,314,556 2,587,693 Proceeds from Sale of Capital Assets 53,574 55,951 753 110,278 Transfers Out (2,936,885) (287,367) (3,224,252) Total Other Financing Sources and Uses (2,882,576) 55,951 272,402 2,027,942 (526,281)
Net Change in Fund Balance 406,520 (524,498) 30,980 1,271,268 (685,911) 2,708,695 3,207,054
Fund Balance (Deficit) at Beginning of Year 33,877,980 10,262,367 1,121,770 7,732,767 23,827,962 22,787,151 99,609,997
Fund Balance (Deficit) at End of Year $ 34,284,500 $ 9,737,869 $ 1,152,750 $ 9,004,035 $ 23,142,051 $ 25,495,846 $ 102,817,051
The notes to the financial statements are an intergral part of this statement. GREENE COUNTY, OHIO RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2016
Amounts reported for governmental activities in the statement of activities are different because:
Net change in fund balances - total governmental funds$ 3,207,054
Governmental funds report capital outlays as expenditures. However, in the statement of activities the cost of those assets is allocated over their useful lives and reported as depreciation expense. This is the amount by which capital outlay differs from depreciation expense in the current period. Capital Outlay 1,590,387 Depreciation Expense (1,757,046) Total (166,659)
Governmental funds only report the disposal of capital assets to the extent proceeds are received from the sale. In the statement of activities a gain or (loss) is reported for each disposal Loss from sale of capital assets (535,957)
Revenues in the statement of activities that do not provide current financial resources are not reported as revenues in the funds. These amounts represent the effect of the reversal of prior year items against current year accruals. Property Taxes 250,520 Intergovernmental (15,867) Special Assessments (2,870) Charges for Service (5,990) Investment Earnings 46,654 Total 272,447
The issuance of long-term debt provides current financial resources to governmental funds, while the repayment of principal of long-term debt consumes the current financial resources of governmental funds. Neither transaction, however has any effect on net position. This amount is the net effect of the differences in the treatment of long-term debt on the statement of activities, comprised of the following: Premium on bonds 45,795 Principal repayment for bonds 1,070,000 Principal repayment for capital leases 49,880 Total 1,165,675
Interest is reported as an expenditure in governmental funds when due, but is accrued on outstanding bonds in the statement of activities. 10,548
Some expenses reported in the statement of activities do not require the use of financial resources and, therefore, are not reported as expenditures in governmental funds. These items include expenses related to changes in: Amortization of Loss on Refunding (31,173) Compensated Absences 629,836 Total 598,663
The internal service fund used by management to charge the cost of insurance to individual funds, is reported in the statement of activities. The change in net position of the internal service fund is reported with governmental activities, net of the adjustment to reflect the consolidation of internal service fund activities related to business-type activities. Change in net position 670,376 Adjustment to business type activities 32,443 Total 702,819
Contractually required contributions are reported as expenditures in governmental funds; however, the statement of net position reports these amounts as deferred outflows. 15,271,954
Except for amounts reported as deferred inflows/outflows, changes in the net pension liability are reported as pension expense in the statement of activities. (18,508,460)
Change in net position of governmental activities$ 2,018,084
The notes to the financial statements are an integral part of this statement. 27 GREENE COUNTY, OHIO STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL GENERAL FUND FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative) REVENUES: Taxes $ 33,478,500 $ 33,478,500 $ 35,777,714 $ 2,299,214 Charges for Services 5,418,470 5,618,271 7,609,564 1,991,293 Licenses and Permits 745,500 745,500 1,018,225 272,725 Fines and Forfeitures 296,200 296,200 325,560 29,360 Intergovernmental 4,879,318 4,879,318 5,529,681 650,363 Interest 734,503 734,503 1,019,449 284,946 Other 328,719 328,719 165,704 (163,015) Total Revenues 45,881,210 46,081,011 51,445,897 5,364,886
EXPENDITURES: General Government: Legislative and Executive 21,285,139 22,439,218 19,498,016 2,941,202 Judicial 8,357,113 8,659,691 8,199,412 460,279 Public Safety 17,171,644 17,307,132 16,168,202 1,138,930 Public Works 933,601 933,143 789,205 143,938 Health 418,250 418,250 350,569 67,681 Human Services 840,020 839,989 789,715 50,274 Conservation and Recreation 2,465,958 2,482,555 2,474,751 7,804 Community and Economic Development 395,673 395,573 312,135 83,438 Total Expenditures 51,867,398 53,475,551 48,582,005 4,893,546
Excess of Revenues Over (Under) Expenditures (5,986,188) (7,394,540) 2,863,892 10,258,432
OTHER FINANCING SOURCES AND USES: Transfers In 1,206,000 1,206,668 735 (1,205,933) Proceeds from Sale of Capital Assets 21,800 21,800 53,574 31,774 Advances In 132,000 132,000 105,500 (26,500) Transfers Out (3,497,122) (4,327,497) (2,936,885) 1,390,612 Advances Out (176,624) (115,394) (80,556) 34,838 Repayment of Loans to Other Governments 200,000 200,000 Loans to Other Governments (213,500) (213,500) Total Other Financing Sources and Uses (2,313,946) (3,295,923) (2,871,132) 424,791
Net Change in Fund Balance (8,300,134) (10,690,463) (7,240) 10,683,223
Fund Balance (Deficit) at Beginning of Year 29,161,369 29,161,369 29,161,369 Prior Year Encumbrances Appropriated 1,010,201 1,010,201 1,010,201 Fund Balance (Deficit) at End of Year $ 21,871,436 $ 19,481,107 $ 30,164,330 $ 10,683,223
The notes to the financial statements are an intergral part of this statement.
28 GREENE COUNTY, OHIO STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL MOTOR VEHICLE ROAD AND BRIDGE FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative) REVENUES: Taxes $ 815,850 $ 815,850 $ 838,450 $ 22,600 Special Assessments 37,686 37,686 39,200 1,514 Charges for Services 150,000 150,000 228,033 78,033 Fines and Forfeitures 125,000 125,000 163,317 38,317 Intergovernmental 6,455,100 7,123,779 7,440,101 316,322 Interest 10,000 10,000 19,807 9,807 Other 12,000 12,000 4,794 (7,206) Total Revenues 7,605,636 8,274,315 8,733,702 459,387
EXPENDITURES: Public Works 10,100,730 12,097,018 9,870,045 2,226,973 Total Expenditures 10,100,730 12,097,018 9,870,045 2,226,973
Excess of Revenues Over (Under) Expenditures (2,495,094) (3,822,703) (1,136,343) 2,686,360
OTHER FINANCING SOURCES AND USES: Proceeds from Sale of Capital Assets 55,951 55,951 Total Other Financing Sources and Uses 55,951 55,951
Net Change in Fund Balance (2,495,094) (3,822,703) (1,080,392) 2,742,311
Fund Balance (Deficit) at Beginning of Year 9,106,540 9,106,540 9,106,540 Prior Year Encumbrances Appropriated 268,385 268,385 268,385 Fund Balance (Deficit) at End of Year $ 6,879,831 $ 5,552,222 $ 8,294,533 $ 2,742,311
The notes to the financial statements are an intergral part of this statement.
29 GREENE COUNTY, OHIO STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL DEPARTMENT OF JOB AND FAMILY SERVICES FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative) REVENUES: Intergovernmental $ 5,011,000 $ 5,011,000 $ 6,351,365 $ 1,340,365 Other 5,396,000 5,396,000 330,584 (5,065,416) Total Revenues 10,407,000 10,407,000 6,681,949 (3,725,051)
EXPENDITURES: Human Services 10,894,300 10,969,300 6,676,905 4,292,395 Total Expenditures 10,894,300 10,969,300 6,676,905 4,292,395
Excess of Revenues Over (Under) Expenditures (487,300) (562,300) 5,044 567,344
OTHER FINANCING SOURCES AND USES: Transfers In 401,000 401,000 272,402 (128,598) Proceeds from Sale of Capital Assets 1,000 1,000 (1,000) Total Other Financing Sources and Uses 402,000 402,000 272,402 (129,598)
Net Change in Fund Balance (85,300) (160,300) 277,446 437,746
Fund Balance (Deficit) at Beginning of Year 1,367,415 1,367,415 1,367,415 Prior Year Encumbrances Appropriated 300 300 300 Fund Balance (Deficit) at End of Year $ 1,282,415 $ 1,207,415 $ 1,645,161 $ 437,746
The notes to the financial statements are an intergral part of this statement.
30 GREENE COUNTY, OHIO STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL CHILDREN SERVICES FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative) REVENUES: Taxes $ 5,160,500 $ 5,160,500 $ 5,189,227 $ 28,727 Charges for Services 70,000 70,000 56,991 (13,009) Intergovernmental 5,850,100 5,850,100 4,774,642 (1,075,458) Other 55,000 55,000 7,645 (47,355) Total Revenues 11,135,600 11,135,600 10,028,505 (1,107,095)
EXPENDITURES: Human Services 10,577,934 12,545,458 9,131,348 3,414,110 Total Expenditures 10,577,934 12,545,458 9,131,348 3,414,110
Excess of Revenues Over (Under) Expenditures 557,666 (1,409,858) 897,157 2,307,015
OTHER FINANCING SOURCES AND USES: Proceeds from Sale of Capital Assets 50,000 50,000 (50,000) Total Other Financing Sources and Uses 50,000 50,000 (50,000)
Net Change in Fund Balance 607,666 (1,359,858) 897,157 2,257,015
Fund Balance (Deficit) at Beginning of Year 7,497,261 7,497,261 7,497,261 Prior Year Encumbrances Appropriated 479,434 479,434 479,434 Fund Balance (Deficit) at End of Year $ 8,584,361 $ 6,616,837 $ 8,873,852 $ 2,257,015
The notes to the financial statements are an intergral part of this statement.
31 GREENE COUNTY, OHIO STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL BOARD OF DEVELOPMENTAL DISABILITIES FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative) REVENUES: Taxes $ 11,032,301 $ 11,032,301 $ 11,141,058 $ 108,757 Charges for Services 250,000 250,000 107,339 (142,661) Intergovernmental 3,812,620 3,812,620 5,944,261 2,131,641 Other 10,000 10,000 51,811 41,811 Total Revenues 15,104,921 15,104,921 17,244,469 2,139,548
EXPENDITURES: Health 22,034,545 21,764,457 16,572,449 5,192,008 Total Expenditures 22,034,545 21,764,457 16,572,449 5,192,008
Excess of Revenues Over (Under) Expenditures (6,929,624) (6,659,536) 672,020 7,331,556
OTHER FINANCING SOURCES AND USES: Transfers Out (8,420) (8,420) 8,420 Total Other Financing Sources and Uses (8,420) (8,420) 8,420
Net Change in Fund Balance (6,938,044) (6,667,956) 672,020 7,339,976
Fund Balance (Deficit) at Beginning of Year 21,661,609 21,661,609 21,661,609 Prior Year Encumbrances Appropriated 984,523 984,523 984,523 Fund Balance (Deficit) at End of Year $ 15,708,088 $ 15,978,176 $ 23,318,152 $ 7,339,976
The notes to the financial statements are an intergral part of this statement.
32 GREENE COUNTY, OHIO STATEMENT OF NET POSITION PROPRIETARY FUNDS DECEMBER 31, 2016
Governmental Business-type Activities - Enterprise Funds Activities Internal Service Water Sewer Total Fund
ASSETS: Current Assets: Equity in Pooled Cash and Cash Equivalents $ 5,420,540 $ 7,861,045 $ 13,281,585 $ 4,581,624 Cash and Cash Equivalents in Segregated Accounts 818,813 1,374,089 2,192,902 Accounts Receivable 1,292,401 2,210,875 3,503,276 Special Assessments Receivable 985,058 3,507,329 4,492,387 Prepaid Items 75,226 102,273 177,499 Materials and Supplies Inventory 581,421 355,686 937,107 Restricted Assets: Equity in Pooled Cash and Cash Equivalents 10,590,977 6,720,754 17,311,731 Debt Service Deposits 1,185,996 1,185,996 Total Current Assets 19,764,436 23,318,047 43,082,483 4,581,624
Noncurrent Assets: Capital Assets, net 73,191,354 177,943,282 251,134,636 Total Noncurrent Assets 73,191,354 177,943,282 251,134,636
Total Assets 92,955,790 201,261,329 294,217,119 4,581,624
DEFERRED OUTFLOWS OF RESOURCES: Deferred Charge on Refunding 2,150,050 5,768,797 7,918,847 Pension 744,541 926,517 1,671,058 Total Deferred Outflows of Resources 2,894,591 6,695,314 9,589,905
LIABILITIES: Current Liabilities: Accounts Payable 344,776 340,612 685,388 120,029 Claims Payable 1,852,081 Accrued Wages and Benefits 120,227 143,563 263,790 Accrued Interest Payable 83,237 155,443 238,680 Due to Other Funds 3,535 4,406 7,941 Notes Payable 1,935,000 475,000 2,410,000 Compensated Absences Payable 24,582 20,174 44,756 General Obligation Bonds Payable 1,878,471 5,468,509 7,346,980 Special Assessment Bonds Payable 105,065 153,835 258,900 OWDA/OPWC Loans Payable 253,578 3,215,407 3,468,985 Current Liabilities Payable from Restricted Assets: Revenue Bonds Payable 772,610 427,075 1,199,685 Matured General Obligation Bonds 5,000 5,000 Matured General Obligation Bonds Interest 469 5,512 5,981 Matured Special Assessment Bonds with Governmental Commitment 15,000 15,000 Matured Special Assessment Bonds Interest with Governmental Commitment 16,691 306 16,997 Total Current Liabilities 5,553,241 10,414,842 15,968,083 1,972,110
Long-Term Liabilities: (Net of Current Portions) Compensated Absences Payable 204,464 164,639 369,103 General Obligation Bonds Payable 22,612,353 43,264,683 65,877,036 Revenue Bonds Payable 3,514,833 11,447,510 14,962,343 Special Assessment Bonds Payable 653,150 1,641,250 2,294,400 OWDA/OPWC Loans Payable 4,490,523 43,771,390 48,261,913 Net Pension Liability 1,924,592 2,354,714 4,279,306 Total Long-Term Liabilities 33,399,915 102,644,186 136,044,101
Total Liabilities 38,953,156 113,059,028 152,012,184 1,972,110
DEFERRED INFLOWS OF RESOURCES: Pension 37,679 47,009 84,688
NET POSITION: NET POSITION: Net Investment in Capital Assets 41,045,821 74,317,420 115,363,241 Restricted for Debt Service 614,488 292,045 906,533 Restricted for Capital Outlay 9,976,489 6,428,709 16,405,198 Unrestricted 5,222,748 13,812,432 19,035,180 2,609,514 Total Net Position $ 56,859,546 $ 94,850,606 151,710,152 $ 2,609,514
Adjustment to reflect the consolidation of internal service fund activities related to enterprise funds (296,339)
Total Net Position of Business-type Activites $ 151,413,813
The notes to the financial statements are an intergral part of this statement
33 GREENE COUNTY, OHIO STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION PROPRIETARY FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016
Governmental Business-type Activities - Enterprise Funds Activities Internal Service Water Sewer Total Fund
OPERATING REVENUES: Charges for Services $ 10,602,474 $ 19,917,037 $ 30,519,511 $ 13,838,669 Other 257,276 374,039 631,315 769,729 Total Operating Revenues 10,859,750 20,291,076 31,150,826 14,608,398
OPERATING EXPENSES: Personal Services 2,252,821 2,721,970 4,974,791 1,327,950 Contractual Services 896,029 1,727,519 2,623,548 13,210,705 Materials and Supplies 2,055,189 2,138,381 4,193,570 Depreciation 2,450,462 5,341,770 7,792,232 Other 87,811 64,964 152,775 Total Operating Expenses 7,742,312 11,994,604 19,736,916 14,538,655
Operating Income (Loss) 3,117,438 8,296,472 11,413,910 69,743
NON-OPERATING REVENUES (EXPENSES): Investment Income 55,370 55,370 Gain on Sale of Capital Assets 4,866 4,866 Special Assessments 620 2,420 3,040 Interest and Fiscal Charges (1,313,745) (4,108,600) (5,422,345) Other Non-Operating Expenses (9,687) (9,687) Total Non-Operating Revenues (Expenses) (1,267,442) (4,101,314) (5,368,756)
Income (Loss) Before Contributions and Transfers 1,849,996 4,195,158 6,045,154 69,743
Capital Contributions from Grants 211,215 154,109 365,324 Capital Contributions from Developers 738,911 600,615 1,339,526 Transfers In 10,781 25,145 35,926 600,633
Change in Net Position 2,810,903 4,975,027 7,785,930 670,376
Net Position at Beginning of Year 54,048,643 89,875,579 1,939,138
Net Position at End of Year $ 56,859,546 $ 94,850,606 $ 2,609,514
Adjustment to reflect the consolidation of internal service fund activities related to enterprise funds (32,443)
Change in Net Position of Business-type Activities $ 7,753,487
The notes to the financial statements are an intergral part of this statement.
34 GREENE COUNTY, OHIO STATEMENT OF CASH FLOWS PROPRIETARY FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016
Governmental Business-type Activities - Enterprise Funds Activities Internal Service Water Sewer Total Fund Cash Flows from Operating Activities: Received from Charges for Services $ 10,636,393 $ 20,197,483 $ 30,833,876 $ 13,838,669 Received from Other Operating Sources 257,276 374,039 631,315 769,729 Payments to Suppliers for Goods and Services (2,116,916) (2,162,654) (4,279,570) Payments for Contract Services (891,996) (1,684,809) (2,576,805) (18,000,902) Payments to Employees for Services (2,176,791) (2,644,192) (4,820,983) (1,327,950) Payments for Other Operating Expenses (88,241) (66,928) (155,169) Net Cash Provided by(Used for) Operating Activities 5,619,725 14,012,939 19,632,664 (4,720,454)
Cash Flows from Noncapital Financing Activities: Transfers In 10,781 25,145 35,926 600,633 Net Cash Provided by(Used for) Noncapital Financing Activities 10,781 25,145 35,926 600,633
Cash Flows from Capital and Related Financing Activities: Proceeds from Capital Related Debt 7,749,425 864,914 8,614,339 Capital Contributions 729,087 154,109 883,196 Special Assessments Received 148,052 383,567 531,619 Payments for Capital Acquisitions (971,993) (1,027,749) (1,999,742) Payments for Capital Related Debt Principal (8,980,362) (9,435,700) (18,416,062) Payments for Capital Related Interest (1,279,988) (3,565,121) (4,845,109) Proceeds from Sales of Capital Assets 515 4,866 5,381 Net Cash Provided by(Used for) Capital and Related Financing Activities (2,605,264) (12,621,114) (15,226,378)
Cash Flows from Investing Activities: Received for Interest on Investments 55,362 55,362 Net Cash Provided by(Used for) Investing Activities 55,362 55,362
Net Increase (Decrease) in Cash and Cash Equivalents 3,080,604 1,416,970 4,497,574 (4,119,821)
Cash and Cash Equivalents Beginning of Year 13,749,726 14,538,918 28,288,644 8,701,445
Cash and Cash Equivalents End of Year $ 16,830,330 $ 15,955,888 $ 32,786,218 $ 4,581,624
Reconciliation of Operating Income (Loss) to Net Cash Provided by(Used for) Operating Activities Operating Income (Loss) 3,117,438 8,296,472 11,413,910 69,743 Adjustments: Depreciation 2,450,462 5,341,770 7,792,232 (Increase) Decrease in Assets and Deferred Outflows: Account Receivable 33,919 280,446 314,365 Prepaid Items (816) 1,708 892 Materials and Supplies Inventory (24,556) 39,842 15,286 Deferred Outflows of Resources - Pension (504,238) (625,783) (1,130,021) Increase (Decrease) in Liabilities: Accounts Payable (33,329) (25,769) (59,098) 38,841 Claims Payable (4,829,038) Accrued Wages 13,300 2,166 15,466 Due to Other Funds 577 692 1,269 Compensated Absences Payable (41,191) (53,358) (94,549) Net Pension Liability 594,287 737,538 1,331,825 Deferred Inflows of Resources - Pension 13,872 17,215 31,087 Net Cash Provided by (Used for) Operating Activities $ 5,619,725 $ 14,012,939 $ 19,632,664 $ (4,720,454)
Noncash Investing, Capital, and Financing Activities Contributions of capital assets from developers 738,911 600,615 1,339,526
Reconciliation of cash and cash equivalents: Equity in Pooled Cash and Cash Equivalents 5,420,540 7,861,045 13,281,585 4,581,624 Cash and Cash Equivalents in Segregated Accounts 818,813 1,374,089 2,192,902 Restricted Equity in Pooled Cash and Cash Equivalents 10,590,977 6,720,754 17,311,731 Total Cash and Cash Equivalents$ 16,830,330 $ 15,955,888 $ 32,786,218 $ 4,581,624
The notes to the financial statements are an intergral part of this statement.
35 GREENE COUNTY, OHIO STATEMENT OF FIDUCIARY ASSETS AND LIABILITIES FIDUCIARY FUNDS DECEMBER 31, 2016
Agency Funds
ASSETS: Equity in Pooled Cash and Cash Equivalents $ 20,126,132 Cash and Cash Equivalents in Segregated Accounts 2,912,831 Taxes Levied for Other Governments 222,247,190 Total Assets $ 245,286,153
LIABILITIES: Due to Other Governments $ 228,888,239 Payroll Withholdings 876 Other Liabilities 16,397,038 Total Liabilities $ 245,286,153
The notes to the financial statements are an intergral part of this statement.
36 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016
NOTE A -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Financial Reporting Entity: Greene County is a political subdivision of the State of Ohio formed by an action of the Ohio General Assembly in 1803. The Board of County Commissioners consists of three members and is the legal and executive body of the County. The County Auditor is the chief fiscal officer. In addition, there are seven other elected administrative officials, each of whom is independent as set forth in Ohio law. These officials are Clerk of Courts, Coroner, Engineer, Prosecuting Attorney, Recorder, Sheriff, and Treasurer. There are also two Common Pleas Court Judges, one Domestic Relations Court Judge, one Juvenile Court Judge, and one Probate Court Judge.
The County's basic financial statements include accounts of all officials and activities described above and all other County operations. The County's major operations include human and social services, certain health care and community assistance services, a civil and criminal justice system, road and bridge maintenance, public safety, and general administrative services. In addition, the County operates a water and sewer system.
Component Units: As required by generally accepted accounting principles (GAAP), the financial statements of the reporting entity include those of Greene County, the primary government, and its component units. The County complies with the provisions of Governmental Accounting Standards Board (GASB) Statement No. 14, 39, and 61 in defining the reporting entity. Based on these criteria, the County has no component units.
Related Organizations: Greene County officials are responsible for appointing the members of the boards of other organizations, but the County's accountability for these organizations does not extend beyond making the appointments of the following organizations:
Greene County Park District - The three Park Commissioners are appointed by the Probate Judge. During 2016, the County did not contribute any money to the Park District.
Greene County Public Library Board - The seven trustees are appointed by County officials. Three trustees are appointed by judges of the Court of Common Pleas, and four trustees are appointed by the County Commissioners. During 2016, the County did not contribute any money to the Library.
Greene County Transit Board - The seven board members are appointed by the County Commissioners. The County contracted with the Transit Board to provide transportation services for eligible individuals. In 2016, the County paid the Transit Board $1,216,463 for services provided under this contract.
Metropolitan Housing Authority - Three of the five board members are appointed by County officials. The Probate Court, Common Pleas Court, and Board of County Commissioners appoint one board member each. The County provided the Housing Authority with $1,063 in 2016. This amount represented rent payments made on behalf of qualifying individuals.
Greene County Regional Airport Authority (Authority): The County Commissioners appoint all seven members of the Authority’s Board. In 2016, the County provided $100,634 in an operating grant and $1,300,000 in an airport improvement grant to the Authority.
The County Commissioners do not appoint any members to the boards of the Greene County Agricultural Society or Greene Memorial Hospital. However, the County is related financially with each entity in that the County may act as guarantor of debt issued by both organizations.
Basis of Presentation - Government-wide Financial Statements The government-wide financial statements, the Statement of Net Position and the Statement of Activities, report information on all of the non-fiduciary activities of the primary government. Governmental activities, which are normally supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support.
The Statement of Activities demonstrates the degree to which the direct expenses of a given function or segment are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment and 2) operating or capital grants and contributions that
37 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
are restricted to meeting the operational or capital requirements of a particular function or segment. Taxes and other items not included among program revenues are reported instead as general revenues.
As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements. The exceptions to this general rule are charges between the government’s water and sewer functions and various other functions of the government. Elimination of these charges would distort the direct costs and program revenues reported for the various functions.
Basis of Presentation - Fund Financial Statements The County segregates transactions related to certain functions or activities in separate funds in order to aid financial management and to demonstrate legal compliance. Separate statements are presented for governmental, proprietary and fiduciary activities. These statements present each major fund as a separate column on the fund financial statements and all non-major funds are aggregated and presented in a single column.
Governmental funds are those funds through which most governmental functions typically are financed. The measurement focus of governmental funds is on the sources, uses and balance of current financial resources. The County has presented the following major governmental funds: General - This is the primary operating fund of the County. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. The general fund balance is available to the County for any purpose provided it is expended or transferred according to the general laws of Ohio.
Motor Vehicle Road and Bridge (MVGT) - This fund accounts for monies received by the County for state gasoline tax, vehicle registration fees and a property tax levy used for County road and bridge maintenance, construction and improvements.
Department of Job and Family Services - This fund accounts for a number of state and federal grants as well as County monies used to provide public assistance to general relief recipients and to pay their providers of medical assistance and certain public social services.
Children Services Board - This fund accounts for state and federal grants and a property tax levy used for programs that benefit disadvantaged youth in the County.
Board of Developmental Disabilities - This fund is used to account for federal and state grants and a property tax levy in order to provide care and services to individuals who are developmentally disabled.
Proprietary funds are used to account for those County activities that are similar to those often found in the private sector. The measurement focus is upon determination of net income, financial position, and changes in financial position. The County has presented the following major proprietary funds:
Water - This fund is used to account for revenues and expenses related to water services provided to residents of the County not already served by other local water operations.
Sewer - This fund is used to account for revenues and expenses related to sewer services provided to residents of the County not already served by other local waste water operations.
Additionally, the government reports the following fund types:
Internal service fund – Internal service fund accounts for the financing of services provided by one department or agency to other departments or agencies of the County on a cost-reimbursement basis. The County’s internal service fund reports health insurance activity.
Agency funds - These funds are custodial in nature (assets equal liabilities) and do not involve measurement or results of operations. These funds include: payroll, undivided tax, political subdivision and other agency funds. These funds include monies held by the County which are due to other individuals, agencies or governments. 38 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
The accompanying financial statements of the County are prepared in conformity with GAAP for local government units as prescribed in statements and interpretations issued by GASB and other recognized authoritative sources.
Measurement Focus and Basis of Accounting: The government-wide financial statements and fund financial statements for proprietary funds are reported using the economic resources measurement focus and the accrual basis of accounting. All assets and deferred outflows of resources and all liabilities and deferred inflows of resources associated with the operation of the County are included on the Statement of Net Position. Under the accrual basis of accounting, revenues are recognized when earned, if measurable, and expenses are recognized as incurred, regardless of the timing of related cash flows. Fiduciary fund financial statements, for agency funds, are reported using the accrual basis of accounting, but unlike other funds, use no measurement focus.
Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose the County considers revenues to be available if they are collected within sixty (60) days of the end of the current fiscal period. Revenues accrued at the end of the year include charges for services, licenses and permits, fines and forfeitures, intergovernmental revenues, investment earnings, property taxes, sales taxes and special assessments. All other revenue items are considered to be measurable and available only when cash is received by the government. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences, pension expense and claims and judgments, are recorded only when payment is due.
Proprietary funds separate all activity into two categories: operating and non-operating revenues and expenses. Operating revenues and expenses result from providing services and producing and delivering goods. Non-operating revenues and expenses entail all other activity not included in operating revenues and expenses. Non-operating revenues and expenses include capital and noncapital financing activities and investing activities.
Budgetary Accounting and Control: Under Ohio Law, the Board of County Commissioners must adopt an appropriation budget by January 1 of a given year, or adopt a temporary appropriation measure with final passage of a permanent budget by April 1, for all funds except Fiduciary Fund types. Each County department prepares an original budget that is approved by the Board of County Commissioners. All modifications to the original budget must be requested by departmental management and approved by the Board of County Commissioners throughout the year. The original budget and all budgetary amendments and supplemental appropriations necessary during 2016 are included in the final budget amounts presented in the budget to actual comparisons.
The County maintains budgetary control within an organizational unit and fund by not allowing expenditures and encumbrances to exceed appropriations at the object level (legal level of control). Unencumbered and unexpended appropriations lapse at year end. Encumbrances outstanding at year end are carried forward to the following year. The prior year appropriations corresponding to these encumbrances are also carried forward as part of the budgetary authority for the next year and are included in the budget amounts shown in the budget to actual comparisons.
The County's budgetary process accounts for certain transactions on a basis other than GAAP. Differences in the accrual and the modified accrual basis of accounting arise in the recognition of revenue, in the recording of deferred outflows/inflows of resources, and in the presentation of expenses versus expenditures.
The actual results of operations compared to the original and revised appropriation as approved by the Board of County Commissioners for the General Fund and all major Special Revenue Funds by expenditure function and revenue sources are presented in the Statement of Revenues, Expenditures and Changes in Fund Balances-Budget (Non-GAAP Basis) and Actual.
39 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Pooled Cash and Cash Equivalents and Related Investments: Cash resources of the individual funds are combined to form a pool of cash and investments which is managed by the County Treasurer. Individual fund integrity is maintained through the County’s records. Each fund’s interest in the pool is presented as “Equity in Pooled Cash and Cash Equivalents” on the combined balance sheet. Investments in the pooled cash and cash equivalents consists of federal agency instruments, STAR Ohio, money market funds, Greene County issued bonds and repurchase agreements. Except for nonparticipating investment contracts, investments are recorded at fair value. Nonparticipating investment contracts, such as repurchase agreements and nonnegotiable certificates of deposit, are reported at cost. Interest earned on investments is accrued as earned and distributed to funds eligible to receive interest by the ORC utilizing a formula based on the average balance of cash and cash equivalents of all funds. For purposes of the statement of cash flows, the proprietary fund considers all highly liquid investments (including restricted assets) with a maturity of three months or less when purchased to be cash equivalents.
The County has invested funds in the State Treasury Asset reserve of Ohio (STAR Ohio) during 2016. STAR Ohio is an investment pool managed by the State Treasurer’s Office which allows governments within the State to pool their funds for investment purposes. STAR Ohio is not registered with the SEC as an investment company, but has adopted GASB Statement No. 79, “Certain External Investment Pools and Pool Participants”. The County measures their investment in STAR Ohio at the net asset value (NAV) per share provided by STAR Ohio. The NAV per share is calculated on an amortized cost basis that provides an NAV per share that approximates fair value.
For the County’s investments in STAR Ohio and open-end mutual funds, fair value is determined by the share price. There are no limitations or restrictions on withdrawals from these investments due to redemption notice periods, liquidity fees, or redemption gates. STAR Ohio does require notice to be given 24 hours in advance for all deposits or withdrawals exceeding $25 million. STAR Ohio reserves the right to limit the transaction to $50 million, requiring the excess amount to be transacted the following business day(s), but only to the $50 million limit. All accounts of the STAR Ohio investors will be combined for these purposes.
Inventory: Inventory of Supplies is reported for the water and sewer activities in the financial statements for proprietary funds and in the business-type activities column of the government-wide financial statements. Inventory is valued at cost using the first-in-first-out method and is recorded as an expense when consumed.
Restricted Assets: Restricted assets occur only in the water and sewer funds. They consist of funds reserved for the debt service requirements on water and sewer bond issues, the redemption of matured bond coupons and funds reserved for the purpose of future construction.
Capital Assets: Capital assets, which include property, plant, equipment, and infrastructure assets, are reported in the applicable governmental or business-type activities columns in the government-wide financial statements and in the fund financial statements for proprietary funds. Capital assets are defined by the County as assets with an initial, individual cost of more than $5,000 and an estimated useful life in excess of one year. Assets are recorded at historical cost or estimated historical cost if historical cost is not available. Donated capital assets are recorded at estimated fair value at the date of donation. Cost of normal maintenance and repairs that do not add to the value of the asset or materially extend the asset’s life are not capitalized. The County depreciates assets on a straight line basis using the following estimated useful lives:
Description Estimated Lives Equipment, Furniture and Fixtures 5-50 years Buildings, Structures and Improvements 30-50 years Improvements Other than Buildings 30-50 years
Infrastructure assets are reported as part of Capital Assets Not Being Depreciated in the governmental activities column. Infrastructure reported in the governmental activities column consists of County roads and bridges. These assets are presented using the modified approach and, therefore, are not depreciated. In addition, expenses made by the County to preserve existing roads or bridges are expensed rather than capitalized. Only expenses for additions or improvement are capitalized. Additional disclosures about the condition assessments and maintenance cost regarding the County’s roads and bridges appear in the Required Supplementary Information. Infrastructure in the business-type activities column is classified as improvements other than buildings and consists of water and sewer lines.
40 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Capitalization of Interest: The County's policy is to capitalize net interest cost on Enterprise Fund construction projects until substantial completion of the project. For 2016, no such interest costs were capitalized on construction projects for Enterprise Funds.
Accrued Wages and Benefits and Long-Term Liabilities: In general, governmental fund payables and accrued liabilities are reported as obligations of the funds regardless of whether they will be liquidated with current resources. However, claims and judgments, compensated absences, special termination benefits and contractually required pension obligations are reported in the governmental fund financial statements only to the extent they are due and payable at year end. Also, bonds and long-term loans are not recognized as a liability in the governmental fund financial statements until payment is due.
Long-term debt and other obligations financed by proprietary funds are reported as liabilities in the appropriate proprietary fund. Also, all such obligations are reported in the entity-wide statements.
Bond Discounts, Premiums: On the government-wide financial statements (and in the enterprise funds), bond premiums and discounts are amortized over the term of the bonds using the straight-line (bonds outstanding) method, which approximates the effective interest method. Bond premiums/discounts are presented as additions/reductions to the face amount of bonds payable.
On the governmental fund financial statements, bond premiums and discounts are recognized in the period when the debt is issued. Note premiums are presented as an addition to the face of the notes payable.
Deferred Outflows/Inflows of Resources: In addition to assets, the statements of financial position will sometimes report a separate section for deferred outflows of resources. Deferred outflows of resources, represents a consumption of net position that applies to a future period and will not be recognized as an outflow of resources (expense/expenditure) until then. For the County, deferred outflows of resources include deferred charges on debt refunding and pension. A deferred charge on refunding results from the difference in the carrying value of refunded debt and its reacquisition price. This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt. The deferred outflows of resources related to pension are explained in Note H.
In addition to liabilities, the statements of financial position report a separate section for deferred inflows of resources. Deferred inflows of resources represent an acquisition of net position that applies to a future period and will not be recognized as an inflow of resources (revenue) until that time. For the County, deferred inflows of resources include property taxes, pension, and unavailable revenue. Property taxes represent amounts for which there is an enforceable legal claim as of December 31, 2016, but which were levied to finance year 2017 operations. These amounts have been recorded as a deferred inflow on both the government-wide statement of net position and the governmental fund financial statements. Unavailable revenue is reported only on the governmental funds balance sheet, and represents receivables which will not be collected within the available period. For the County unavailable revenue includes delinquent property taxes, permissive sales taxes, special assessments, grants and entitlements, interest, and other miscellaneous accounts receivables. These amounts are deferred and recognized as an inflow of resources in the period the amounts become available. Deferred inflows related to pension are reported in the government-wide statement of net position. (See Note H)
Pensions: For purposes of measuring the net pension liability, deferred outflows of resources and deferred inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the pension plans and additions to/deductions from their fiduciary net positon have been determined on the same basis as they are reported by the pension systems. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms. The pension systems report investments at fair value.
Special Assessments: The County applies the provisions of GASB Statements No. 6 and 33 in accounting for and reporting special assessments and related transactions. The County's Special Assessment Bonds are secured by liens on assessed properties and are also backed by the full faith and credit of the County as additional security. Accordingly, they are accounted for and reported in the government-wide financial statements as Matured Special
41 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Assessment with Governmental Commitment Bonds and Current and Noncurrent Liabilities in the appropriate column for governmental and business-type activities based on the purpose of the assessment. The accumulation of resources for, and the payment of, principal and interest on these bonds are accounted for and reported in the Debt Service Funds for governmental activities and in the water and sewer funds, as appropriate. Capital improvements financed by special assessments are accounted for and reported in the governmental or business-type activities column based on the purpose of the assessments. In government-wide financial statements, special assessments revenues are accounted for and reported in the fund that best reflects the nature of the transactions and are treated like user fees. In business-type activity financial statements, special assessments revenues are accrued and recognized in full upon completion of the construction project. The amount of delinquent special assessments receivable as of December 31, 2016 is $144,882.
Grants and Other Intergovernmental Revenues: The County applies GASB Statement No. 33, “Accounting and Financial Reporting for Nonexchange Transactions,” in accounting for and reporting intergovernmental revenue transactions. The governmental fund financial statements report these revenues when entitlement to the money has occurred and all grant requirements have been met, if received during the availability period. In the entity wide and proprietary fund financial statements these revenues are recognized when entitlement to the money has occurred and grant requirements have been met, regardless of the timing of the revenues.
Sales Tax: The Board of Greene County Commissioners, under the authority of the Ohio Revised Code, levied a 1% sales tax. This tax is collected by the State of Ohio, then remitted to the County on a monthly basis. Sales tax revenue is accounted for in the General Fund and provides financing for current operating expenses and supports several county programs and activities. Revenues from this tax are recognized using the modified accrual basis of accounting in the governmental fund financial statements and on the accrual basis in the government-wide financial statements in the governmental activities column.
Interest Income: Per the Ohio Revised Code, the County has specified the funds to receive an allocation of interest earnings. In 2016, interest earnings credited to the General Fund prior to fair value recognition amounted to $956,023, including $786,013 assigned from other County funds. Interest revenue credited to the Motor Vehicle, Road & Bridge fund amounted to $19,807. Other non-major governmental funds earned $465 in interest earnings.
Compensated Absences: Effective January 1, 1994, the County adopted GASB Statement No. 16, “Accounting for Compensated Absences.” Vacation benefits are accrued as a liability as the benefits are earned if the employee’s rights to receive compensation are attributable to services already rendered and it is probably that the County will compensate the employees for the benefits through paid time off or some other means. Sick leave benefits are accrued using the termination method. An accrual for earned sick leave is made to the extent it is probable that benefits will result in termination payments. The liability is an estimate based on the County’s past experience of making termination payments.
County employees earn the same sick leave rate, but vacation rates vary depending on length of service and departmental policy. Upon retirement after a minimum of ten (10) years of service, employees are paid between twenty-five percent (25%) and fifty percent (50%) of their accrued sick leave up to a maximum of 60 days depending on the employees’ length of service. Vacation time is vested for employees after a minimum of one (1) year of service. Unused vacation may be accumulated up to three (3) years according to Ohio law. All sick leave and vacation compensation is made at the employee's current wage rate.
Compensated absences are accrued when incurred in the government-wide financial statements and in the proprietary funds. In the governmental fund financial statements, the portion of the liability which is matured and payable is included in the accrued wages and benefits liability and the unmatured portion is not reported. Compensated absences will be paid from the General Fund, Motor Vehicle Road & Bridge, Dog & Kennel, Department of Job & Family Services, Real Estate Assessment, Environmental Services, Drug Law Enforcement, Children Services, Board of Developmental Disabilities, Child Support Enforcement Agency, County Home, County Hotel Lodging, Adult Day Care, Juvenile Court Grants, Victim Witness, Common Please Grants, Family & Children First Council, and Emergency Management Grants.
Self-Insurance: As of September 1, 1994, the County is self-insured for employee health care benefits. See Note N for additional information.
42 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Fund Balance: Fund balance is divided into five classifications based primarily on the extent of which the County is bound to observe constraints imposed upon the use of the resources in the government funds. The classifications are as follows:
Nonspendable - The nonspendable fund balance classification includes amounts that cannot be spent because they are not in spendable form, or legally or contractually required to be maintained intact. The nonspendable fund balance includes long-term interfund loans and the principal of trust funds.
Restricted - The restricted fund balance classification includes amounts that have constraints place on the use of resources that are either externally imposed by creditors such as through debt covenants, grantors, contributors, or laws or regulations of other governments or imposed by law through constitutional provisions or enabling legislation (County resolutions).
Enabling legislation authorizes the County to assess, levy, charge or otherwise mandate payment of resources (from external resource providers) and includes a legally enforceable requirement that those resources be used only for the specific purposes stipulated in the legislation. Legal enforceability means that the County can be compelled by an external party, such as citizens, public interest groups, or the judiciary to use resources created by enabling legislation only for the purposes specified by the legislation.
Committed - The committed fund balance classification includes amounts that can be used only for specific purposes imposed by formal action (resolution) of the County Commissioners. Those committed amounts cannot be used for any other purpose unless the Commissioners amend and approve another resolution. In contrast to fund balance that is restricted by enabling legislation, committed fund balance classification may be redeployed for other purposes with appropriate due process. Constraints imposed on the use of committed amounts are imposed by the County Commissioners or Board, separate from the authorization to raise the underlying revenue; therefore, compliance with these constraints are not considered to be legally enforceable. Committed fund balance also incorporates contractual obligations to the extent that existing resources in the fund have been specifically committed for the use in satisfying those contractual requirements.
Assigned - Amounts in the assigned fund balance classification are intended to be used by the County for specific purposes but do not meet the criteria to be classified as restricted or committed. In governmental funds other than the general fund, assigned fund balance represents the remaining amount that is not restricted or committed. In the general fund, assigned amounts represent intended uses established by the County commissioners or a County official delegated that authority by resolution or by State statute. State statute authorizes the fiscal officer to assign fund balance for purchases on order provided such amounts have been lawfully appropriated.
Unassigned - The unassigned fund balance classification is intended for the General fund and includes all spendable amounts not contained in the other classifications. In other governmental funds, the unassigned fund balance classification is used only to report a deficit balance resulting from overspending for specific purposes of which amount had been restricted or committed.
The County applies restricted resources first when expenditures are incurred for the purposes for which either restricted or unrestricted (committed, assigned and unassigned) amounts are available. Similarly, within unrestricted fund balance, committed amounts are reduced first, followed by assigned and unassigned amounts when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classification could be used.
Interfund Balances/Activity: On fund financial statements, receivable and payables arising between funds for goods provided or services rendered, are classified as “due from other funds / due to other funds”. “Interfund receivables / payables” represent the current portion of a loan made by one fund to another. Long-term interfund loans are classified as “advances to / from other funds” and are classified as non-spendable fund balance which indicates that they are not in spendable form even though it is a component of net current assets. Interfund receivables and payables within governmental activities and within business type activities are eliminated on the government-wide statement of net position; any residual balances outstanding between the governmental activities and business type activities are reported as “internal balances:
43 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Exchange transactions between funds are reported as revenues in the seller funds and as expenditures/expenses in the purchaser funds. Flows of cash or goods from one fund to another without a requirement for repayment are reported as interfund transfers. Interfund transfers are reported as other financing sources/uses in governmental funds and after nonoperating revenues/expenses in the proprietary funds. Repayments from funds responsible for particular expenditures/expenses to the funds that initially paid for them are not presented on the financial statements.
Estimates: The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make certain estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates.
Net Position: Net position represents the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net investment in capital assets consists of capital assets, net of accumulated depreciation, reduced by the outstanding balances of any borrowings used for the acquisition, construction or improvements of those assets. Net position is reported as restricted when there are limitations imposed on their use either through the enabling legislation adopted by the County or through external restrictions imposed by creditors, grantors, laws or regulations of other governments.
The County applies restricted resources first when an expense is incurred for purposes for which both restricted and unrestricted net position are available. The County’s sewer and water enterprise funds have restricted net position relative to those resources necessary to comply with various covenants of bond financing agreements.
NOTE B -- CASH AND CASH EQUIVALENTS, INVESTMENTS AND DEPOSITS
Monies held by the County are classified by state statute into two categories. Active monies means an amount of public monies determined to be necessary to meet current demand upon the County treasury. Active monies must be maintained either as cash in the County treasury, in commercial accounts payable or withdrawable on demand, including negotiable order of withdrawal (NOW) accounts, or in money market deposit accounts. Monies held by the County that are not considered active are classified as inactive. Inactive monies are invested in authorized securities in accordance with the Greene County Investment Policy.
Deposits Deposits include amounts held in demand accounts and savings accounts. At year-end, the carrying amount of the County’s deposits was $43,593,170, which includes $3,000 in undeposited cash on hand which is included as part of “Equity in Pooled Cash and Cash Equivalents”. The bank balances totaled $44,844,895.
Custodial credit risk is the risk that, in the event of a bank failure, the government’s deposits may not be returned. Protection of the County’s deposits may be provided by the Federal Deposit Insurance Corporation (FDIC), by eligible securities pledged by the financial institution as security for repayment, by surety company bonds deposited with the County Treasurer by the financial institution or by a single collateral pool established by the financial institution to secure the repayment of all public monies deposited with the institution that are not FDIC insured. Of the bank balances, $2,809,748 was insured by FDIC. The remaining balance of $42,035,147 was collateralized with securities held in single financial institution collateral pools in the name of the respective depository bank and pledged as a pool of collateral against all the public moneys it holds that are not FDIC insured. All county demand deposits were either insured or collateralized, in accordance with state law and the County’s investment policy.
Investments Monies held by the County which are not considered active are classified as inactive. Inactive monies may be deposited or invested in the following securities under both the County’s policy and the ORC:
1. United States Treasury notes, bills, bonds, or any other obligation or security issued by the United States Treasury or any other obligation guaranteed as to principal or interest by the United States, or any book entry, zero-coupon United States treasury security that is a direct obligation of the United States;
44 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
2. Bonds, notes, debentures, or any other obligations or securities issued by any federal government agency or instrumentality, including, but not limited to, the Federal National Mortgage Association, Federal Home Loan Bank, Federal Farm Credit Bank, Federal Home Loan Mortgage Corporation, Government National Mortgage Association, and Student Loan Marketing Association. All federal agency securities shall be direct issuances of federal government agencies or instrumentalities;
3. Written repurchase agreements in the securities listed above provided that the market value of the securities subject to the repurchase agreement must exceed the principal value of the agreement by at least 2% and be marked to market daily, and that the term of the agreement must not exceed thirty days;
4. Bonds and other obligations of the State of Ohio or its political subdivisions, provided that such political subdivisions are located wholly or partly within the County;
5. Time certificates of deposit or savings or deposit accounts, including, but not limited to, passbook accounts;
6. No-load money market mutual funds consisting exclusively of obligations described in division (1) or (2) and repurchase agreements secured by such obligations, provided that investments in securities described in this division are made only through eligible institutions;
7. The State Treasurer’s investment pools (STAR Ohio);
8. Securities lending agreements in which the County lends securities and the eligible institution agrees to exchange either securities described in division (1) or (2) or cash or both securities and cash, equal value for equal value; lending agreements in which the County lends securities and the eligible institution agrees to exchange either securities described in division (1) or (2) or cash or both securities and cash, equal value for equal value;
9. High grade commercial paper in an amount not to exceed 25% of the County’s total average portfolio;
10. Bankers’ acceptances for a period not to exceed 270 days and in an amount not to exceed 25% of County’s total average portfolio.
Investments in stripped principal or interest obligations, reverse repurchase agreements and derivatives are prohibited. The issuance of taxable notes for the purpose of arbitrage, the use of leverage and short selling are also prohibited. All County investments are in an internal investment pool. As of December 31, 2016, the County had the following investments:
Investment Maturities Percent (in Years) of Total Fair Value Less than 1 1-3 Greater than 3 Investments Federal National Mortgage Association Notes $19,093,920 $4,925,030 $14,168,890 16.23% Federal Home Loan Bank Notes 44,418,994 8,451,309 35,967,685 37.76% Federal Home Loan Mortgage Notes 38,051,822 3,980,560 34,071,262 32.34% Federal Farm Credit Bank Notes 1,995,020 1,995,020 1.70% Greene County Bonds 22,292 22,292 0.02% STAROhio 4,963,195 4,963,195 4.22% Money Market Funds 9,095,920 9,095,920 7.73% Total Investments $117,641,163 $16,054,135 $17,356,899 $84,230,129
45 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Interest rate risk: The County Investment Policy and state statute requires that investments mature within five years from the date of purchase, unless matched to a specific obligation or debt of the County. State statute limits investment in commercial paper to a maximum maturity of 180 days from the date of purchase. Repurchase agreements are limited to 30 days and the market value of the securities must exceed the principal value of the agreement by at least 2% and be marked to market daily.
Credit risk: The Federal National Mortgage Association Notes, Federal Home Loan Mortgage Corporation Notes, Federal Farm Credit Bank Notes and Federal Home Loan Bank Notes carry a rating of AA+ by Standard and Poor’s and Aaa by Moody’s Ratings. Ohio law requires that STAROhio maintain the highest rating provided by at least one nationally recognized standard rating service and that the money market mutual fund be rated in the highest category at the time of purchase by at least one nationally recognized standard rating service. Standard and Poor’s rating for STAROhio was AAAm.
Custodial credit risk: For an investment, custodial risk is the risk that, in the event of the failure of the counterparty, the County will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. The Federal National Mortgage Association Notes, Federal Home Loan Mortgage Corporation Notes, Federal Farm Credit Bank Notes and Federal Home Loan Bank Notes are exposed to custodial credit risk in that they are uninsured, unregistered, and held by the counterparty’s trust department or agent but not in the County’s name. In order to mitigate this risk, the County’s investment policy requires investments be purchased only through an approved broker/dealer or institution. Further, payment for investments is made only upon delivery of the securities representing the investments to the Treasurer or qualified trustee or, if the securities are not represented by a certificate, upon receipt of confirmation of transfer from the custodian.
Concentration of credit risk: The County’s investment policy provides for diversification to avoid undue concentration in securities of one type of securities of one financial institution. This restriction does not apply to obligations guaranteed by the U.S. government. The County places no limit on the amount it may invest in any one issuer; however state statute limits investments in commercial paper and banker’s acceptances to 25% of the interim monies available for investment at any one time. Cash and Cash Equivalents/Deposits Investments
GASB Statement No. 9 $161,234,333 $0
Investments: Federal Agency Instrustments (103,559,756) 103,559,756 Greene County Bonds (22,292) 22,292 STAR Ohio (4,963,195) 4,963,195 Money Market Funds-Sweep Account (9,095,920) 9,095,920
GASB Statement No. 3 $43,593,170 $117,641,163
NOTE C – FAIR VALUE MEASUREMENT
The County’s investments measured and reported at fair value are classified according to the following hierarchy:
Level 1 – Investments reflect prices quoted in active markets. Level 2 – Investments reflect prices that are based on a similar observable asset either directly or indirectly, which may include inputs in markets that are not considered to be active. Level 3 – Investments reflect prices based upon unobservable sources.
The categorization of investments within the hierarchy is based upon the pricing transparency of the instrument and should not be perceived as the particular investment risk. Debt, equities, and investment derivatives classified in Level 1 of the fair value hierarchy are valued directly from a 46 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
predetermined primary external pricing vendor. Assets classified in Level 2 are subject to pricing by an alternative pricing source due to lack of information available by the primary vendor. Mortgage and asset backed securities classified in Level 3, due to lack of an independent pricing source, are valued using an internal fair value as provided by the investment manager.
Quoted Prices in Significant Active Markets for Significan Other Unobservable Identical Assets Observable Inputs Inputs Total (Level 1) (Level 2) (Level 3) Federal National Mortgage Association Notes $19,093,920 $19,093,920 Federal Home Loan Bank Notes 44,418,994 44,418,994 Federal Home Loan Mortgage Notes 38,051,822 38,051,822 Federal Farm Credit Bank Notes 1,995,020 1,995,020 Greene County Bonds 22,992 22,992 Total Investments $103,582,748 $103,559,756 $22,992 $0
At December 31, 2016 the County had $4,963,195 on deposit with STAR Ohio and $9,095,920 on deposit with various money market funds (sweep accounts). These investments are included in the “Equity in Pooled Cash and Cash Equivalents” amounts on the statements of net position. Additionally, both investments are measured at amortized cost; therefore, they are not included in the tables above.
NOTE D -- INTERFUND TRANSERS AND BALANCES
Transfers are used to move money from one fund of the County to another fund of the County. Transfers originating from the general fund are made to subsidize programs of the County which are accounted for in other funds through budget authorizations or are required by statute; or to distribute interest to funds which have earned interest, but under state statute are not authorized to receive interest. Other transfers made include moving monies for capital projects, debt service requirements, returning the unused portion of a transfer once a project is completed.
Transactions that constitute reimbursements to a fund for expenditures/expenses initially made from it that are properly applicable to another fund are recorded as expenditures/expenses in the reimbursing fund and as reductions of expenditures/expenses in the fund that is reimbursed.
Interfund transfers for the year ended December 31, 2016 consisted of the following:
Transfers From Other Governmental Transfers To General Funds Total General$ 735 $ 735 Job & Family Services$ 272,402 272,402 Water 10,781 10,781 Sewer 25,145 25,145 Internal Service 600,633 600,633 Other Governmental Funds 2,027,924 286,632 2,314,556 Total$ 2,936,885 $ 287,367 $ 3,223,517
47 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Interfund balances for the year ended December 31, 2016 consisted of the following amounts.
The balances in the Due From/Due To schedule resulted from the time lag between the dates that (1) interfund goods or services are provided or reimbursable expenditures occur, (2) transactions are recorded in the accounting records, and (3) payments between funds are made. All are expected to be paid within one year.
The balances in the Interfund receivable schedule resulted from short-term interfund loans to cover cash flow issues in certain funds, and principal outstanding on manuscript debt securities that were debt issued in 2016 by the County and self-acquired by the County Treasurer. The manuscript debt component consists of a $95,000 note with a 1.5% interest rate that was issued on October 24, 2016 and maturing on October 24, 2017. The purpose of the manuscript debt was to refund a portion of the outstanding principal amount of an existing series of bond anticipation notes, issued on October 26, 2015 and matured on October 25, 2016, which the original proceeds were used to finance ice arena improvements at the Nutter Center. All are expected to be repaid within one year.
Due From Due To Other Funds Other Funds Governmental: General$ 206,828 $ 3,716 Motor Vehicle, Road and Bridge 1,677 11,017 Department of Job and Family Services 242 62,985 Children Services 9,233 Board of Developmental Disabilities 5,486 Other Governmental Funds 53,612 161,981 Total Governmental Activities 262,359 254,418 Proprietary Funds: Water 3,535 Sewer 4,406 Total Proprietary Funds 7,941 Total Due To/From Other Funds$ 262,359 $ 262,359
Interfund Interfund Receivable Payable Governmental: General 308,494 Other Governmental Funds 308,494 Total Governmental Activities 308,494 308,494
:
48 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
NOTE E -- CAPITAL ASSETS Capital asset activity for the year ended December 31, 2016 was as follows:
Balance at Balance at 12/31/15 Additions Deductions 12/31/16 Governmental Activities Capital Assets, Not Being Depreciated Land $2,451,528 $0 $0 $2,451,528 Infrastructure 131,270,828 500,000 (433,534) 131,337,294 Construction in Progress 321,169 0 (321,169) 0 Total Capital Assets, Not Being Depreciated 134,043,525 500,000 (754,703) 133,788,822
Capital Assets, Being Depreciated Buildings, Structures and Improvements 41,275,124 342,460 0 41,617,584 Equipment, Furniture and Fixtures 12,555,288 1,069,096 (728,362) 12,896,022 Total Capital Assets, Being Depreciated 53,830,412 1,411,556 (728,362) 54,513,606
Less Accumulated Depreciation Buildings, Structures and Improvements (16,404,951) (836,212) 0 (17,241,163) Equipment, Furniture and Fixtures (8,405,540) (920,834) 625,939 (8,700,435) Total Accumulated Depreciation (24,810,491) (1,757,046) * 625,939 (25,941,598) Total Capital Assets, Being Depreciated, Net 29,019,921 (345,490) (102,423) 28,572,008
Governmental Activities Capital Assets, Net $163,063,446 $154,510 ($857,126) $162,360,830
* Depreciation expense was charged to governmental functions as follows:
Legislative and Executive $468,639 Judicial 157,747 Public Safety 498,888 Public Works 384,030 Health 65,883 Human Services 67,861 Conservation and Recreation 76,873 Community and Economic Development 37,125 Total Depreciation Expense $1,757,046
49 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Balance at Balance at 12/31/15 Additions Deductions 12/31/16 Business-Type Activities Capital Assets, Not Being Depreciated Land $2,093,282 $2,093,282 Construction in Progress 1,345,519 1,485,194 (1,756,480) 1,074,233 Total Capital Assets, Not Being Depreciated 3,438,801 1,485,194 (1,756,480) 3,167,515
Capital Assets, Being Depreciated Buildings, Structures and Improvements 14,218,410 14,218,410 Improvements Other Than Buildings 349,337,709 2,359,014 351,696,723 Equipment, Furniture and Fixtures 12,475,073 949,864 (29,500) 13,395,437 Total Capital Assets, Being Depreciated 376,031,192 3,308,878 (29,500) 379,310,570
Less Accumulated Depreciation: Buildings, Structures and Improvements (7,587,310) (284,145) (7,871,455) Improvements Other Than Buildings (104,372,949) (7,214,754) (111,587,703) Equipment, Furniture and Fixtures (11,610,256) (293,333) 19,298 (11,884,291) Total Accumulated Depreciation (123,570,515) (7,792,232) * 19,298 (131,343,449)
Total Capital Assets, Being Depreciated, Net 252,460,677 (4,483,354) (10,202) 247,967,121
Business-Type Activities Capital Assets, Net $255,899,478 ($2,998,160) ($1,766,682) $251,134,636
* Depreciation expense was charged to business-type activities as follows:
Water $2,450,462 Sewer 5,341,770 Total Depreciation Expense $7,792,232
50 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
NOTE F -- BOND ANTICIPATION NOTES Bond anticipation notes in governmental funds were used to construct building improvements. Bond anticipation notes in the proprietary funds were used to construct water and sewer extensions. The notes outstanding are due within one year. These notes will be paid off as cash flows warrant or when long term bonds are issued at the completion of the project. Bond anticipation note activity for the year ended December 31, 2016 follows:
Interest Balance Balance Rate 1/1/2016 Issued Retired 12/31/2016 Governmental Funds: Ice Arena Nutter Center 1.24%$ 110,000 $ 110,000 $ - Proprietary Funds: Little Sugarcreek Water/Sewer Main Extension 1.25% $0$ 1,420,000 $1,420,000 Nathanial's Grove Water Main Extension 2.00% 0 990,000 990,000 Total Proprietary Funds $0 $2,410,000 $0 $2,410,000
The Nathanial’s Grove Water Main Extension note outstanding as of December 31, 2016 is to be reissued during 2017. See Note S for a summary of 2016 activity relating the Little Sugarcreek Water/Sewer Main Extension note.
NOTE G -- LONG TERM DEBT AND OTHER OBLIGATIONS
General Obligation Bonds: The County issues general obligation bonds to provide funds for the acquisition and construction of major capital facilities. General obligation bonds have been issued for both governmental and business-type activities.
Governmental general obligation bonds are secured by the County's ability to levy a voted or unvoted property tax within limitations of Ohio law, and are direct obligations and pledge the full faith and credit of the County. General obligation bonds issued relating to the Greene Town Center are secured by tax increment financing agreement with Greene Towne Center LLC, special assessment revenues received by the City of Beavercreek, and additional security provided by the County’s ability to levy a voted or unvoted property tax within limitations of Ohio Law. The assets related to the Greene Towne Center are not assets of the county, however, the bonds are direct obligations and full faith and credit of the County. Proprietary general obligation bonds are also secured by the County's ability to levy a voted or unvoted property tax within limitations of Ohio law, and are direct obligations and pledge the full faith and credit of the County. However, the County expects that the debt serviced on these proprietary general obligations bonds, as unvoted general obligation debt of the County, will in fact be paid from sources other than ad valorem property tax. More specifically, the County expects to pay debt service on these bonds from rates and charges derived from its water and sewer system and in the related Enterprise Fund. Should these system revenues, for any reason, become insufficient to pay debt services on the proprietary general obligation bonds, the County is required by Ohio law to levy and collect ad valorem taxes to pay such debt service.
During 2016, the County issued $5,615,000 in general obligation refunding bonds related to business-type activities. The proceeds were used to advance refund $5,213,000 of outstanding 2010 Water System Revenue bonds which had interest rates ranging from 3.25% - 5.0%. At the date of refunding, $6,113,184 (including premium, and after discount, underwriting fees, and other issuance costs) was deposited in an irrevocable trust to provide for all future debt service payments on the refunded 2010 bonds. As a result, the 2010 bonds are considered defeased and the liability for those bonds has been removed from the statement of net position for proprietary funds and government-wide. The County refunded the 2010 bonds to reduce its total debt service payments over the next 14 years by $628,396 and to obtain an economic gain of $347,026.
51 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
General obligation bonds currently outstanding are as follows: Original Issue Year Issued Interest Rate Amount Governmental Activities: Greene Town Center - Infrastructure 2007 4.25% - 5.0% 6,000,000 Various Purpose 2007 4.25% - 5.25% 9,610,000 Various Purpose 2010 3.25% - 5.0% 2,960,000 Greene Town Center - Infrastructure 2011 2.0% - 3.7% 7,800,000 Greene Town Center - Infrastructure 2015 1.5-3.0% 3,955,000 Business-type Activities: Water System Bonds 2010 3.25 - 5.0% 10,945,000 Sewer System Bonds 2010 3.25% - 5.0% 1,855,000 Sewer System Bonds 2013 1.00% - 3.42% 51,015,000 Sewer System Bonds 2013 1.00% - 3.625% 7,115,000 Water System Bonds 2013 5.00% 11,290,000 Water System Bonds 2016 2.00% 5,615,000
Annual debt service requirements to maturity for general obligation bonds are as follows:
Governmental Activities Year Principal Discount Premium Interest 2017 1,550,000 (7,432) 50,298 845,704 2018 1,360,000 (3,632) 55,888 791,505 2019 1,230,000 (676) 58,922 737,931 2020 1,350,000 (2,111) 61,852 696,228 2021 1,400,000 (2,618) 63,979 646,129 2022-2026 8,105,000 (20,270) 367,645 2,410,150 2027-2031 6,490,000 (13,260) 186,269 730,864 2032 405,000 0 0 19,238 Total 21,890,000 (49,999) 844,853 6,877,749
Business-type Activities Year Principal Discount Premium Interest 2017 7,280,000 (2,500) 69,480 2,039,333 2018 7,325,000 (2,097) 70,470 1,903,433 2019 7,110,000 (2,500) 68,560 1,761,733 2020 7,550,000 (5,526) 69,966 1,614,883 2021 6,550,000 (1,826) 66,756 1,425,238 2022-2026 25,195,000 (17,242) 221,406 4,471,645 2027-2031 5,405,000 (26,074) 65,831 1,987,863 2032-2036 3,935,000 (31,736) 0 1,034,160 2037-2039 2,350,000 (18,952) 0 220,613 Total 72,700,000 (108,453) 632,469 16,458,901
52 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Special Assessment Bonds: The County issues special assessment bonds to provide funds for the construction of land improvements. Special assessment bonds are secured by an unvoted property tax levy (special assessment), which constitutes a lien on assessed properties. The bonds are also backed by the full faith and credit of the County as additional security. Special assessment bonds currently outstanding are as follows:
Original Issue Year Issued Interest Rate Amount Business-type Activities: Water and Sewer Improvements 1997 5.25% - 5.5% 570,000 Water and Sewer Improvements 1999 5.7% 210,000 Water and Sewer Improvements 2003 4.1% - 4.75% 640,000 Sewer Improvements 2005 3.25% - 4.25% 1,435,000 Water Improvements 2007 6.0% 20,000 Water and Sewer Improvements 2008 5.0% 1,095,000 Water Improvements 2013 3.75% 30,200 Water and Sewer Improvements 2015 2.0-4.0% 955,000
Annual debt service requirements to maturity for special assessment bonds are as follows:
Business-type Activities Year Principal Interest 2017 258,900 104,381 2018 223,900 93,803 2019 239,100 84,988 2020 229,100 75,582 2021 224,300 66,793 2022-2026 977,000 197,607 2027-2030 401,000 37,610 Total 2,553,300 660,764
Revenue Bonds: The County issues revenue bonds for business-type activities. The County has pledged future water and sewer revenues, net of specified operating expenses, to repay these revenue bonds. The total principal and interest remaining to be paid at December 31, 2016 was $4,579,512 for the water fund and $15,557,610 for the sewer fund. Principal and interest paid during 2016 and total net revenues for the water fund were $1,018,351 and $3,117,438, respectively. Principal and interest paid during the current year and total net revenues for the sewer fund were $1,064,772 and $8,296,172, respectively. Revenue bonds currently outstanding are as follows:
Original Issue Year Issued Interest Rate Amount Water System 2007 3.75% - 5.25% 7,285,000 Sewer System 2007 3.75% - 5.0% 4,875,000 Sewer System 2010 3.5% - 4.5% 6,695,000 Sewer System 2010 4.0% 850,000 Sewer System 2010 4.0% - 5.0% 655,000
53 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Annual debt service requirements to maturity for revenue bonds (Business-type Activities) are as follows:
Business-type Activities Year Principal Discount Premium Interest 2017 1,115,000 (1,237) 85,922 720,435 2018 1,460,000 (5,291) 90,281 669,185 2019 1,690,000 (7,627) 95,521 600,498 2020 1,385,000 (2,680) 100,319 522,747 2021 1,870,000 (8,657) 104,254 453,772 2022-2026 5,260,000 (38,476) 161,917 1,275,360 2027-2030 2,795,000 (24,941) 37,723 320,125 Total 15,575,000 (88,909) 675,937 4,562,122
Ohio Water Development Authority (OWDA) Loans and Ohio Public Works Commission (OPWC) Loans: The County has borrowed funds from the Ohio Water Development Authority (OWDA) and Ohio Public Works Commission (OPWC) for the acquisition and construction of water and sewer facilities and infrastructure related to business-type activities. During 2016, the County completed two projects partially funded by OPWC loans. OWDA and OPWC loans currently outstanding are as follows:
Original Issue Year Issued Interest Rate Amount Sugarcreek WWTP 1977 1984 5.250% 2,270,498 Shawnee Hills Sewer 2007 3.250% 5,813,772 Cedarville Sewer 2007 3.650% 5,517,997 Beavercreek WRRF 2009 3.340% 7,803,589 Sugarcreek WRRF Force Main 2010 3.400% 4,486,498 NWRWTP Expansion 2012 3.530% 5,875,522 Sugarcreek Sewer 2012 3.110% 40,233,969 CIPP Sanitary Sewer Lining 2013 0.000% 217,000 Lift Station No. 15 Elimination 2016 0.000% 389,914 Public Water Well No. 4 Replacement 2016 0.000% 98,975
Annual debt service requirements to maturity for OWDA and OPWC Loans (Business-type activities) are follows: Year Principal Interest 2017 3,468,985 1,623,008 2018 3,445,800 1,509,314 2019 3,558,003 1,397,110 2020 3,673,897 1,281,217 2021 3,793,603 1,161,510 2022-2026 19,599,410 3,896,663 2027-2031 13,870,061 968,148 2032-2036 117,645 0 2037-2041 117,645 0 2042 85,849 0 Total 51,730,898 11,836,970
54 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Long term debt and other obligations of the county at December 31, 2016 consist of the following:
Balance Balance January 1, Due Within Types/Issues 2016 Increases Decreases December 31, 2016 One Year Governmental Activities: 2007 Greene Towne Center $1,200,000 $0 ($200,000) $1,000,000 $200,000 2011 Greene Towne Center 6,570,000 0 (330,000) 6,240,000 340,000 2007 Various Purpose 8,290,000 0 (470,000) 7,820,000 500,000 Premium 809,622 0 (45,901) 763,721 48,831 Net GO Bond 9,099,622 0 (515,901) 8,583,721 548,831 2010 Various Purpose 2,960,000 0 0 2,960,000 440,000 Discount (49,999) 0 0 (49,999) (7,432) Net GO Bond 2,910,001 0 0 2,910,001 432,568 2015 Greene Towne Center 3,940,000 (70,000) 3,870,000 70,000 Premium 82,599 (1,467) 81,132 1,467 Net GO Bond 4,022,599 0 (71,467) 3,951,132 71,467 Total General Obligation Bonds 23,802,222 0 (1,117,368) 22,684,854 1,592,866 Compensated Absences 5,035,429 154,620 (784,456) 4,405,593 483,665 Capital Lease 199,521 (49,880) 149,641 49,880 Net Pension Liability 42,552,505 18,508,460 0 61,060,965 0 Total - Governmental Activities $71,589,677 $18,663,080 ($1,951,704) $88,301,053 $2,126,411 Business-type Activities: General Obligation Bonds: 2010 Water System $10,945,000 $0 ($250,000) $10,695,000 $310,000 Discount (88,271) 0 2,016 (86,255) (2,500) Net General Obligation Bond 10,856,729 0 (247,984) 10,608,745 307,500 2010 Sewer System 1,855,000 0 0 1,855,000 0 Discount (22,198) 0 0 (22,198) 0 Net General Obligation Bond 1,832,802 0 0 1,832,802 0 2013 Sewer System 47,360,000 0 (4,915,000) 42,445,000 4,965,000 Premium 332,367 0 (34,493) 297,874 34,844 Net General Obligation Bond 47,692,367 0 (4,949,493) 42,742,874 4,999,844 2013 Water System 9,490,000 0 (1,525,000) 7,965,000 1,540,000 Premium 190,853 0 (30,669) 160,184 30,971 Net General Obligation Bond 9,680,853 0 (1,555,669) 8,125,184 1,570,971 2013 Sewer System 4,865,000 0 (740,000) 4,125,000 465,000 Premium 38,349 0 (5,833) 32,516 3,665 Net General Obligation Bond 4,903,349 0 (745,833) 4,157,516 468,665 2016 Water System 0 5,615,000 0 5,615,000 0 Premium 0 141,895 0 141,895 0 Net General Obligation Bond 0 5,756,895 0 5,756,895 0 Total General Obligation Bonds 74,966,100 5,756,895 (7,498,979) 73,224,016 7,346,980
55 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Balance Balance January 1, December 31, Due Within Types/Issues 2016 Increases Decreases 2016 One Year O.W.D.A. & O.P.W.C. Loans: 1984 Wastewater Treatment 255,293 0 (123,477) 131,816 131,816 2007 Shawnee Hills Sewer 3,566,582 0 (307,176) 3,259,406 317,240 2007 Cedarville Sewer 3,269,173 0 (312,945) 2,956,228 324,471 Sugarcreek WRRF 33,604,914 0 (1,789,121) 31,815,793 1,845,195 2013 O.P.W.C. 198,917 0 (7,233) 191,684 7,233 Sugarcreek WRRF Force Main 3,344,593 0 (198,965) 3,145,628 205,787 NWRWTP Expansion 4,886,799 0 (241,673) 4,645,126 250,279 Beavercreek WRRF 5,461,418 0 (358,591) 5,102,827 370,668 2015 Lift Station No. 15 Elimination 321,529 68,385 (6,499) 383,415 12,997 2015 Public Water Well No. 4 Replace 41,445 57,530 0 98,975 3,299 Total O.W.D.A. & O.P.W.C. Loans 54,950,663 125,915 (3,345,680) 51,730,898 3,468,985 Special Assessment Bonds with Governmental Commitment: 1996 Water & Sewer Improv. 15,000 0 (15,000) 0 0 1997 Water & Sewer Improv. 60,000 0 (30,000) 30,000 30,000 1999 Water & Sewer Improv. 45,000 0 (10,000) 35,000 10,000 2003 Water & Sewer Improv. 255,000 0 (30,000) 225,000 35,000 2005 Sewer Improvments 735,000 0 (70,000) 665,000 70,000 2007 Sewer Improvments 12,000 0 (1,000) 11,000 1,000 2008 Water & Sewer Improv. 710,000 0 (55,000) 655,000 55,000 2013 Water Improvement 25,000 0 (2,700) 22,300 2,900 2015 Water & Sewer Improv. 955,000 0 (45,000) 910,000 55,000 Total Special Assessment Bonds 2,812,000 0 (258,700) 2,553,300 258,900 Revenue Bonds: 2010 Sewer System 675,000 0 (40,000) 635,000 40,000 2010 Sewer System 655,000 0 0 655,000 0 2007 Sewer System 4,140,000 0 (265,000) 3,875,000 275,000 Premium 350,959 0 (22,465) 328,494 23,312 Net Revenue Bond 4,490,959 0 (287,465) 4,203,494 298,312 2007 Water System 4,620,000 0 (680,000) 3,940,000 710,000 Premium 407,408 0 (59,965) 347,443 62,610 Net Revenue Bond 5,027,408 0 (739,965) 4,287,443 772,610 2010 Sewer System 6,695,000 0 (225,000) 6,470,000 90,000 Discount (92,001) 0 3,092 (88,909) (1,237) Net Revenue Bond 6,602,999 0 (221,908) 6,381,091 88,763 2010 Water System 5,730,000 0 (5,730,000) 0 0 Premium 74,376 0 (74,376) 0 0 Net Revenue Bond 5,804,376 0 (5,804,376) 0 0 Total Revenue Bonds 23,255,742 0 (7,093,714) 16,162,028 1,199,685
Compensated Absences 508,408 8,514 (103,063) 413,859 44,756 Net Pension Liability 2,947,481 1,331,825 0 4,279,306 0 Total Long-term Liabilities 159,440,394 $7,223,149 (18,300,136) $148,363,407 12,319,306
56 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Capital Lease Obligations: During 2015, the County entered into a 0% interest capital lease agreement for certain data processing equipment related to governmental activities. The gross amount of these leased assets, which totaled $249,401 are included with equipment, furniture and fixtures class of capital assets. The assets and related obligations are included with those of governmental activities in the Government-Wide Statement of Net Position. The future minimum lease payments under this capital lease, which represents the present value of the net minimum lease payments, are as follows:
Governmental Year Capital Lease 2017 49,880 2018 49,880 2019 49,881 Total Lease Payments$ 149,641
Operating Lease Obligations: The County has entered into three agreements to lease buildings for the department of developmental disabilities. When such agreements are, in substance, purchases they are classified as capital lease obligations in the financial statements. Leases that are not de facto purchases are classified as operating leases. The operating lease agreements range in length from five years to twenty-four years. Operating lease payments are recorded as an expense in the period they are paid. The cost for operating leases for 2016 was $666,901 for governmental activities. The County's future minimum lease payments under operating leases as of December 31, 2016, are as follows:
Governmental Year Operating Lease 2017 662,750 2018 662,750 2019 662,750 2020 662,750 2021 662,750 Total Lease Payments$ 3,313,750
Legal Debt Limit: The County is subject to a legal debt margin. Based upon the County valuation, the direct debt limit is $97,273,280. With total exempt debt of $93,442,811 the County has an unvoted legal debt margin of $75,722,462.
Defeased Debt: The following is a summary of outstanding defeased debt at December 31, 2016. Through the process of advance refunding, this debt has been defeased in substance, and fully funded, in escrow, through the purchase of United States Treasury Obligations, pursuant to Escrow Deposit Agreements. The investments have amounts and maturities to generate cash flow sufficient to meet the principal and interest payments due over the remaining life of the bonds. All monies and investments in the Escrow Funds are irrevocably pledged to the payment of principal and interest on the defeased bonds for their remaining life. Accordingly, the Escrow Accounts, and corresponding debt, are not included in the financial statements.
57 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Outstanding Year Defeased Description December 31, 2016 2003 Sewer System Revenue Bonds $4,975,000 2004 Water System Revenue Bonds 7,825,000 2005 Sewer System Revenue Bonds 39,055,000 2007 Various Purpose General Obligation Bonds 8,080,000 2007 Water System Revenue Bonds 4,045,000 2007 Sewer System Revenue Bonds 3,910,000 2010 Water System General Obligation Bonds 3,090,000 2010 Water System General Obligation Bonds 3,430,000 2010 Sewer System General Obligation Bonds 560,000 2010 Sewer System Revenue Bonds 2,275,000 2010 Various Purpose General Obligation Bonds 1,395,000 2010 Various Purpose General Obligation Bonds 225,000 2013 Water System Revenue Bonds 7,850,000 2013 Sewer System General Obligation Bonds 2,055,000 2013 Sewer System Revenue Bonds 38,860,000 2013 Sewer System General Obligation Bonds 7,250,000 2015 Greene Towne Center General Obligation Bonds 3,575,000 2016 Water System Revenue Bonds 5,415,000
Conduit Debt Obligations - Industrial Development Bonds: The County is a party to issuance of industrial development bonds pursuant to Ohio law. However, these bonds are not an obligation of the County and neither the general revenue nor faith and credit of the County are pledged for the repayment. Therefore, they are not included in the basic financial statements.
As of December 31, 2016, there were 4 series of industrial development bonds outstanding. The original issue amount totaled $137,395,000 and the aggregate principal amount payable as of December 31, 2016 was $132,960,000.
NOTE H – DEFINED BENEFIT PENSION PLANS
Net Pension Liability: The net pension liability reported on the statement of net position represents a liability to employees for pensions. Pensions are a component of exchange transactions-–between an employer and its employees—of salaries and benefits for employee services. Pensions are provided to an employee—on a deferred- payment basis—as part of the total compensation package offered by an employer for employee services each financial period. The obligation to sacrifice resources for pensions is a present obligation because it was created as a result of employment exchanges that already have occurred.
The net pension liability represents the County’s proportionate share of each pension plan’s collective actuarial present value of projected benefit payments attributable to past periods of service, net of each pension plan’s fiduciary net position. The net pension liability calculation is dependent on critical long-term variables, including estimated average life expectancies, earnings on investments, cost of living adjustments and others. While these estimates use the best information available, unknowable future events require adjusting this estimate annually.
Ohio Revised Code limits the County’s obligation for this liability to annually required payments. The County cannot control benefit terms or the manner in which pensions are financed; however, the County does receive the benefit of employees’ services in exchange for compensation including pension.
GASB 68 assumes the liability is solely the obligation of the employer, because (1) they benefit from employee services; and (2) State statute requires all funding to come from these employers. All contributions to date have come solely from these employers (which also includes costs paid in the form of withholdings from employees). State statute requires the pension plans to amortize unfunded liabilities within 30 years. If the amortization period exceeds 30 years, each pension plan’s board must propose corrective action to the State legislature. Any resulting legislative change to 58 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
benefits or funding could significantly affect the net pension liability. Resulting adjustments to the net pension liability would be effective when the changes are legally enforceable.
The proportionate share of each plan’s unfunded benefits is presented as a long-term net pension liability on the accrual basis of accounting. Any liability for the contractually-required pension contribution outstanding at the end of the year is included in accrued wages and benefits payable on both the accrual and modified accrual bases of accounting.
Plan Description – Ohio Public Employees Retirement System (OPERS)
Plan Description - County employees, participate in the Ohio Public Employees Retirement System (OPERS). OPERS administers three separate pension plans. The traditional pension plan is a cost-sharing, multiple-employer defined benefit pension plan. The member-directed plan is a defined contribution plan and the combined plan is a cost-sharing, multiple-employer defined benefit pension plan with defined contribution features. While members (e.g. County employees) may elect the member-directed plan and the combined plan, substantially all employee members are in OPERS’ traditional plan; therefore, the following disclosure focuses on the traditional pension plan.
OPERS provides retirement, disability, survivor and death benefits, and annual cost of living adjustments to members of the traditional plan. Authority to establish and amend benefits is provided by Chapter 145 of the Ohio Revised Code. OPERS issues a stand-alone financial report that includes financial statements, required supplementary information and detailed information about OPERS’ fiduciary net position that may be obtained by visiting https://www.opers.org/financial/reports.shtml, by writing to the Ohio Public Employees Retirement System, 277 East Town Street, Columbus, Ohio 43215-4642, or by calling 800-222-7377.
Senate Bill (SB) 343 was enacted into law with an effective date of January 7, 2013. In the legislation, members were categorized into three groups with varying provisions of the law applicable to each group. The following table provides age and service requirements for retirement and the retirement formula applied to final average salary (FAS) for the three member groups under the traditional plan as per the reduced benefits adopted by SB 343 (see OPERS CAFR referenced above for additional information):
59 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Group A Group B Group C Eligible to retire prior to 20 years of service credit prior to Members not in other Groups January 7, 2013 or five years January 7, 2013 or eligible to retire and members hired on or after after January 7, 2013 ten years after January 7, 2013 January 7, 2013 State and Local State and Local State and Local Age and Service Requirements: Age and Service Requirements: Age and Service Requirements: Age 60 with 60 months of service credit Age 60 with 60 months of service credit Age 57 with 25 years of service credit or Age 55 with 25 years of service credit or Age 55 with 25 years of service credit or Age 62 with 5 years of service credit Formula: Formula: Formula: 2.2% of FAS multiplied by years of 2.2% of FAS multiplied by years of 2.2% of FAS multiplied by years of service for the first 30 years and 2.5% service for the first 30 years and 2.5% service for the first 35 years and 2.5% for service years in excess of 30 for service years in excess of 30 for service years in excess of 35 Public Safety Public Safety Public Safety Age and Service Requirements: Age and Service Requirements: Age and Service Requirements: Age 48 with 25 years of service credit Age 48 with 25 years of service credit Age 52 with 25 years of service credit or Age 52 with 15 years of service credit or Age 52 with 15 years of service credit or Age 56 with 15 years of service credit
Law Enforcement Law Enforcement Law Enforcement Age and Service Requirements: Age and Service Requirements: Age and Service Requirements: Age 52 with 15 years of service credit Age 48 with 25 years of service credit Age 48 with 25 years of service credit or Age 52 with 15 years of service credit or Age 56 with 15 years of service credit
Public Safety and Law Enforcement Public Safety and Law Enforcement Public Safety and Law Enforcement Formula: Formula: Formula: 2.5% of FAS multiplied by years of 2.5% of FAS multiplied by years of 2.5% of FAS multiplied by years of service for the first 25 years and 2.1% service for the first 25 years and 2.1% service for the first 25 years and 2.1% for service years in excess of 25 for service years in excess of 25 for service years in excess of 25
Final average Salary (FAS) represents the average of the three highest years of earnings over a member’s career for Groups A and B. Group C is based on the average of the five highest years of earnings over a member’s career.
Members who retire before meeting the age and years of service credit requirement for unreduced benefits receive a percentage reduction in the benefit amount.
When a benefit recipient has received benefits for 12 months, an annual cost of living adjustment (COLA) is provided. This COLA is calculated on the base retirement benefit at the date of retirement and is not compounded. For those retiring prior to January 7, 2013, the COLA will continue to be a 3 percent simple annual COLA. For those retiring subsequent to January 7, 2013, beginning in calendar year 2019, the COLA will be based on the average percentage increase in the Consumer Price Index, capped at 3 percent.
60 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Funding Policy - The Ohio Revised Code (ORC) provides statutory authority for member and employer contributions as follows:
State Public Law and Local Safety Enforcement 2016 Statutory Maximum Contribution Rates Employer 14.0 % 18.1 % 18.1 % Employee 10.0 % * **
2016 Actual Contribution Rates Employer: Pension 12.0 % 16.1 % 16.1 % Post-employment Health Care Benefits 2.0 2.0 2.0
Total Employer 14.0 % 18.1 % 18.1 %
Employee 10.0 % 12.0 % 13.0 %
* This rate is determined by OPERS' Board and has no maximum rate established by ORC. ** This rate is also determined by OPERS' Board, but is limited by ORC to not more than 2 percent greater than the Public Safety rate.
Employer contribution rates are actuarially determined and are expressed as a percentage of covered payroll. The County’s contractually required contribution was $5,696,579 for 2016. Of this amount, $656,635 is reported in accrued wages and benefits.
Pension Liabilities, Pension Expense, and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions
The net pension liability for OPERS was measured as of December 31, 2015, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The County’s proportion of the net pension liability was based on the County’s share of contributions to the pension plan relative to the contributions of all participating entities. Following is information related to the proportionate share and pension expense:
Proportionate Share of the Net Pension Liability $65,340,271 Proportion of the Net Pension Liability 0.377226% Change in Proportion 0.004311% Pension Expense $9,273,503
61 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
At December 31, 2016, the County reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources:
Deferred Outflows of Resources Net difference between projected and actual earnings on pension plan investments $19,202,544 Change in County's proportionate share 1,656 County contributions subsequent to the measurement date 5,696,579 Total Deferred Outflows of Resources $24,900,779 Deferred Inflows of Resources Differences between expected and actual experience $1,262,297
The $5,696,579 reported as deferred outflows of resources related to pension resulting from County’s contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ending December 31, 2017. Other amounts reported as deferred outflows of resources and deferred inflows of resources related to pension will be recognized in pension expense as follows:
OPERS Year Ending December 31: 2017 $4,200,545 2018 4,507,574 2019 4,888,231 2020 4,345,553 Total $17,941,903
Actuarial Assumptions - OPERS
Actuarial valuations of an ongoing plan involve estimates of the values of reported amounts and assumptions about the probability of occurrence of events far into the future. Examples include assumptions about future employment, mortality, and cost trends. Actuarially determined amounts are subject to continual review or modification as actual results are compared with past expectations and new estimates are made about the future.
Projections of benefits for financial reporting purposes are based on the substantive plan (the plan as understood by the employers and plan members) and include the types of benefits provided at the time of each valuation. The total pension liability in the December 31, 2015, actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement:
Wage Inflation 3.75 percent Future Salary Increases, including inflation 4.25 to 10.05 percent including wage inflation Pre 1/7/2013 Retirees: 3% simple; Post 1/7/2013 Retirees: 3% simple through 2018, COLA or Ad Hoc COLA then 2.80% simple Investment Rate of Return 8 percent Actuarial Cost Method Individual Entry Age
62 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Mortality rates were based on the RP-2000 Mortality Table projected 20 years using Projection Scale AA. For males, 105 percent of the combined healthy male mortality rates were used. For females, 100 percent of the combined healthy female mortality rates were used. The mortality rates used in evaluating disability allowances were based on the RP-2000 mortality table with no projections. For males 120 percent of the disabled female mortality rates were used set forward two years. For females, 100 percent of the disabled female mortality rates were used.
The most recent experience study was completed for the five year period ended December 31, 2010.
The long-term rate of return on defined benefit investment assets was determined using a building-block method in which best-estimate ranges of expected future real rates of return are developed for each major asset class. These ranges are combined to produce the long-term expected real rate of return by weighting the expected future real rates of return by the target asset allocation percentage, adjusted for inflation.
During 2015, OPERS manages investments in four investment portfolios: the Defined Benefits portfolio, the Health Care portfolio, the 115 Health Care Trust portfolio and the Defined Contribution portfolio. During 2016, OPERS consolidated the health care portfolios (See Note I). The Defined Benefit portfolio includes the investment assets of the Traditional Pension Plan, the defined benefit component of the Combined Plan, the annuitized accounts of the Member-Directed Plan and the VEBA Trust. Within the Defined Benefit portfolio, contributions into the plans are all recorded at the same time, and benefit payments all occur on the first of the month. Accordingly, the money-weighted rate of return is considered to be the same for all plans within the portfolio. The money weighted rate of return, net of investments expense, for the Defined Benefit portfolio is 0.4% percent for 2015.
The allocation of investment assets with the Defined Benefit portfolio is approved by the Board of Trustees as outlined in the annual investment plan. Plan assets are managed on a total return basis with a long-term objective of achieving and maintaining a fully funded status for the benefits provided through the defined benefit pension plans. The table below displays the Board-approved asset allocation policy for 2015 and the long-term expected real rates of return:
Weighted Average Long-Term Expected Target Real Rate of Return Asset Class Allocation (Arithmetic) Fixed Income 23.00 % 2.31 % Domestic Equities 20.70 % 5.84 % Real Estate 10.00 % 4.25 % Private Equity 10.00 % 9.25 % International Equities 18.30 % 7.40 % Other investments 18.00 % 4.59 % Total 100.00 % 5.27 %
Discount Rate The discount rate used to measure the total pension liability was 8 percent. The projection of cash flows used to determine the discount rate assumed that contributions from plan members and those of the contributing employers are made at the statutorily required rates. Based on those assumptions, the pension plan’s fiduciary net position was projected to be available to make all projected future benefits payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability.
Sensitivity of the County’s Proportionate Share of the Net Pension Liability to Changes in the Discount Rate The following table presents the County’s proportionate share of the net pension liability calculated using the current period discount rate assumption of 8 percent, as well as what the County’s proportionate share of the net pension liability would be if it were calculated using a discount rate that is one-percentage-point lower (7 percent) or one- percentage-point higher (9 percent) than the current rate:
63 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Current 1% Decrease Discount Rate 1% Increase (7.00%) (8.00%) (9.00%) County's proportionate share of the net pension liability $104,104,582 $65,340,271 $32,645,615
In October 2016, the OPERS Board adopted certain assumption changes which will impact their annual actuarial valuation prepared as of December 31, 2016. The most significant change is a reduction in the discount rate from 8.0 percent to 7.5 percent. Although the exact amount of these changes is not known, the impact to the County’s net pension liability is expected to be significant.
NOTE I - POSTEMPLOYMENT BENEFITS
Ohio Public Employees Retirement System
Ohio Public Employees Retirement System (OPERS) administers three separate pension plans: The Traditional Pension Plan—a cost-sharing, multiple-employer defined benefit pension plan; the Member-Directed Plan—a defined contribution plan; and the Combined Plan—a cost sharing, multiple-employer defined benefit pension plan that has elements of both a defined benefit and defined contribution plan.
In March 2016, OPERS received two favorable rulings from the Internal Revenue Service (IRS) allowing OPERS to consolidate all health care assets into the OPERS 115 Health Care Trust. Transition to the new health care trust structure was completed July 1, 2016.
As of December 31, 2016, OPERS maintains a cost-sharing, multiple-employer defined benefit post-employment health care trust, which funds multiple health care plans including medical coverage, prescription drug coverage and deposits to a Health Reimbursement Arrangement to qualifying benefit recipients of both the Traditional and Combined plans. Members of the Member-Directed Plan do not qualify for ancillary benefits, including OPERS sponsored health care coverage. OPERS funds a Retiree Medical Account (RMA) for participants in the Member-Directed Plan. At retirement or refund, participants can be reimbursed for qualified medical expenses from their vested RMA balance.
In order to qualify for health care coverage, age-and-service retirees under the Traditional Pension and Combined plans must have 20 or more years of qualifying Ohio service credit. Health care coverage for disability benefit recipients and qualified survivor benefit recipients is available. The health care coverage provided by OPERS meets the definition of an Other Post Employment Benefit (OPEB) as described in GASB Statement 45. Please see the Plan Statement in the OPERS 2016 CAFR.
The Ohio Revised Code permits, but does not mandate, OPERS to provide health care benefits to its eligible benefit recipients. Authority to establish and amend health care coverage is provided by Chapter 145 of the Ohio Revised Code. OPERS issues a stand-alone financial report. Interested parties may obtain a copy by writing to OPERS, 277 East Town Street, Columbus, OH 43215-4642, or by calling 614-222-5601 or 800-222-7377.
The Ohio Revised Code provides the statutory authority requiring public employers to fund health care through their contributions to OPERS. A portion of each employer’s contribution to OPERS is set aside to fund OPERS health care plans.
Employer contribution rates are expressed as a percentage of the covered payroll of active members. In 2016, state and local employers contributed at a rate of 14.0% of earnable salary. These are the maximum employer contribution rates permitted by the Ohio Revised Code. Active members’ contributions do not fund health care.
Each year, the OPERS Board determines the portion of the employer contribution rate that will be set aside to fund health care plans. The portion of employer contributions allocated to health care for members in the Traditional Pension Plan and Combined Plan was 2.0% during calendar year 2016. As recommended by OPERS’ actuary, the portion of employer contributions allocated to health care beginning January 1, 2017 decreased to 1.0% for both plans. The OPERS Board is also authorized to establish rules for the retiree or their surviving beneficiaries to pay a portion of the 64 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
health care provided. Payment amounts vary depending on the number of covered dependents and the coverage selected. The employer contribution as a percentage of covered payroll deposited into the RMA for participants in the Member-Directed Plan for 2016 was 4.0%. Actual employer contributions for 2016, 2015 and 2014 which were used to fund post-employment benefits were $954,548, $977,219 and $954,864, respectively
NOTE J -- PROPERTY TAX REVENUES
Property taxes include amounts levied against real, public utility and tangible personal (business) property. The assessed value, by property classification, upon which taxes were levied in 2015 and collectable in 2016 are as follows:
Assessed Value Real Property$ 3,768,234,820 Public Utility Personal 119,157,070 Total Assessed Value$ 3,887,391,890
Ohio law prohibits taxation of property from all taxing authorities in excess of 10 mills of assessed value without a vote of the people. Presently, the County levies 2.50 mills of the 10 mill limit for the General Fund. In addition to the 2.50 mills, 9.15 mills have been levied for voted millage. A summary of voted millage for tax year 2015 collected in 2016 follows:
Rate Levied for Current Year Collection (b) Effective Tax Rate (a) Final Final Voter Agricultural/ Levy Collection Purpose Authorized Residential Other Year Year Developmental Disabilities 3.50 3.141415 3.374469 2018 2019 Hospital Operating 0.50 0.448774 0.482067 2018 2019 Hospital Operating 0.50 0.450273 0.482067 2016 2017 Community Mental Health 1.50 1.110363 1.304853 2022 2023 Road and Bridge 0.25 0.239811 0.244476 2020 2021 Children Services 1.50 1.499970 1.468855 2018 2019 Council on Aging 1.00 0.999980 0.977903 2018 2019 Council on Aging 0.40 0.899982 0.880113 2018 2019
(a) dollars per $1,000 of assessed valuation
(b) Ohio law provides for a reduction of certain voted levies to offset inflation in the reappraisal value of real property. The voted levies are subject to, and reflect, this credit.
For taxes collected in 2016, real property taxes were levied in October 2015 on the assessed values as of January 1, 2015, the lien date. In accordance with the State of Ohio constitution, assessed values are established by the County Auditor at 35% of appraised market value. A revaluation of real property is required to be completed no less than every six years, with a statistical update every third year. Real estate taxes were due and payable in February and July.
The County Auditor remits the taxes collected to all taxing districts with periodic settlements of real and public utility property taxes in February and August. The County accrues billed but uncollected property taxes as receivables at their estimated net realizable value. The delinquent taxes outstanding expected to be available to finance 2017 operations (collected within 60 days after the fiscal year end) were recorded as 2016 revenue, with the remaining taxes receivable being offset by deferred inflow in the governmental funds financial statements.
65 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
NOTE K -- RECONCILIATION OF GAAP BASIS TO BUDGET BASIS
While reporting financial position, results of operations and changes in fund balance on the basis of generally accepted accounting principles (GAAP), the budgetary basis, as provided by law, is based upon accounting for certain transactions on a basis of cash receipts, disbursements, and encumbrances. The Statement of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual (Budget Basis) is presented for the General Fund, Motor Vehicle Road and Bridge, Department of Job and Family Services, Children Services Board, and the Board of Developmental Disabilities Special Revenue Funds to provide a meaningful comparison of actual results. The differences between the budgetary basis and the GAAP basis are that:
1. Revenues are recorded when received in cash (budget basis) as opposed to when susceptible to accrual (GAAP basis).
2. Expenditures are recorded when paid in cash (budget basis) as opposed to when the liability is incurred (GAAP basis).
3. Encumbrances are treated as expenditures (budget basis) rather than restricted, committed or assigned fund balance (GAAP basis).
4. Investments are reported at fair value (GAAP basis) rather than at cost (budget basis).
The adjustments necessary to convert the results of operations for the year on the GAAP basis to the budget basis are as follows:
Net Change in Fund Balance Motor Vehicle Board of General Road and Dept of Job and Children Developmental Fund Bridge Family Services Services Disabilities GAAP Basis $406,520 ($524,498) $30,980 $1,271,268 ($685,911) Revenue Accruals (496,680) 170,513 233,527 (486,390) 1,352,650 Expenditure Accruals 450,201 (208,722) 17,652 32,530 3,830 Encumbrances (2,124,803) (533,189) (4,713) 0 (171,671) Decrease in Fair Market Value - 2016 1,451,445 0 0 0 0 Decrease in Fair Market Value - 2015 148,165 0 0 0 0 Agency Fund Cash Allocation - 2016 (198,842) (19,420) 0 (116,266) (252,817) Agency Fund Cash Allocation - 2015 331,810 34,924 0 196,015 425,939 Advances 24,944 0 0 0 0 Budget Basis ($7,240) ($1,080,392) $277,446 $897,157 $672,020
66 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
NOTE L – SIGNIFICANT COMMITMENTS
Encumbrances
Encumbrances are commitments related to unperformed contracts for goods or services. Encumbrance accounting is utilized to the extent necessary to assure effective budgetary control and accountability and to facilitate effective cash planning and control.
At year-end, the amount of encumbrances expected to be honored upon performance by the vendor in the next year were as follows: Governmental Funds General Fund$ 2,124,803 Motor Vehicle Road & Bridge 533,189 Department of Job and Family Services 4,713 Board of Developmental Disabilities 171,671 Other Governmental Funds 1,247,430 Total Governmental Funds$ 4,081,806 Business-Type Funds Water Fund$ 762,918 Sewer Fund 674,411 Total Enterprise Funds$ 1,437,329
Total$ 5,519,135
Contractual Commitments
As of December 31, 2016, the County had contractual commitments outstanding for the following projects:
Spent through Remaining December 31, 2016 Commitment Governmental Funds: General Fund Downtown HVAC replacement$ 289,997 $ 1,250,783
Motor Vehicle Road & Bridge Fund Ballard Road Covered Bridge Rehab$ 77,842 $ 42,158
Board of Developmental Disabilities Fund Roof Repair - Fairground Rd Building$ 136,195 $ 163,805 Enterprise Funds: Water Fund: W15-1 Little Sugarcreek Water Main Ext 453,761 156,056 Sewer Fund: S15-1 Little Sugarcreek Sewer Ext 341,491 15,398
67 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
NOTE M -- CONTINGENCIES
The County is a defendant in a number of claims and lawsuits which may be classified as routine litigation in which minimal nonmaterial damages are being sought. In addition, the County is a defendant in numerous other claims and lawsuits ranging from tort liability to civil rights litigation in which the County believes the amounts claimed are overstated and not fair estimates of any potential ultimate settlements. Amounts paid by the County in 2016 for litigation settled were not material.
The County participates in a number of Federal and State assisted grant programs. The major programs are through the Ohio Department of Job and Family Services, the Ohio Department of Transportation and Area 7 Workforce Investment Board. These programs are subject to financial and compliance audits by grantors or their representatives. Accordingly, the County's compliance with applicable grant requirements will be established at some future date. The County believes that disallowed claims, if any, will not have a material adverse effect on the County's financial position.
NOTE N -- RISK MANAGEMENT
The County is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and injuries to employees. In 1986, the County joined the Public Entities Pool of Ohio (PEP) a local government risk-sharing pool. The pool consists of 488 local governments who pool risk for property, liability and public official liability.
The County pays an annual premium to PEP for this coverage. The agreement provides that PEP will be self- sustaining through member premiums and excess insurance. The deductibles per occurrence for all types of coverage are as follows:
Type of Coverage Deductible General Liability$ 5,000 Police Professional 5,000 Public Official 2,500
PEP retains general liability insurance with no aggregate, police professional and public official’s liability risks up to $2 million in aggregate per year and automobile liability risks up to $1 million in aggregate per year. Claims exceeding $2 million are reinsured with no aggregate limitations per year. Settled claims have not exceeded this coverage in any of the last three years.
The County is also exposed to a risk of loss related to employee health care costs. On September 1, 1994, the County became self-insured for employee health care benefits. The program is administered by United Health Care, Inc., in Minneapolis, Minnesota, which provides claims review, processing services and maintains its own provider network. The self-insurance program is accounted for in the Internal Service Fund. The County has recorded a liability for incurred but unreported claims at year end based on an actuarial estimate by United Health Care, Inc. The County has purchased stop-loss insurance coverage of $125,000 per insured individual to limit the County’s liability. A summary of the liability for unpaid health care claims over the past two years follows:
January 1 Current Current December 31 Year Liability Accruals Payments Liability 2015 1,993,508 15,826,551 (11,138,940) 6,681,119 2016 6,681,119 13,171,864 (18,000,902) 1,852,081
68 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
NOTE O -- JOINT VENTURE
The County is a participant in the Eastern Miami Valley Alcohol, Drug Addiction and Mental Health Service Board (Board), a joint venture with Clark and Madison Counties. The purpose of the Board is to provide aid, support and education for alcohol and drug dependent citizens as well as those who are mentally disabled. The Board started providing these services on July 1, 1995. The Board is governed by an eighteen member board of directors, with Greene County, Clark County, the Ohio Department of Mental Health, and the Ohio Alcohol and Drug Addiction Services Board each appointing four members and Madison County appointing two members. The Clark County Auditor serves as fiscal agent for the Board.
Greene County has an ongoing financial responsibility to the Board. This responsibility arises from the fact that the Board’s existence depends on the continued funding by the County from the property tax levy. A copy of the Board’s separate financial statements may be obtained by contacting the Greene County Auditor’s Office, 69 Greene St., Xenia, Ohio, 45385.
NOTE P -- JOINTLY GOVERNED ORGANIZATIONS
Montgomery Greene County Local Emergency Response Council (MGCLERC): The MGCLERC is the Local Emergency Planning Committee (LEPC) for Montgomery and Greene Counties. The LEPC is a jointly governed organization formed for the purpose of implementing chemical emergency response and preparedness plans. The LEPC is appointed by the State Emergency Response Commission (the Commission). The Commission appoints the LEPC from a listing of agreed upon individuals approved by the Montgomery and Greene County Commissioners. Due to regulations set forth by the Ohio Revised Code, the LEPC shall consist of such numbers of members as the State considers appropriate but shall include representatives from each of the following groups: elected state and local officials, law enforcement personnel, emergency management personnel, firefighting personnel, first aid personnel, health personnel, local environmental personnel, hospital personnel, transportation personnel, broadcast and print media personnel, community groups, and owners and operators of facilities subject to this chapter. The LEPC exercises total control over operations including budgeting, appropriating, contracting and designing management. Each participant’s degree of control is limited to its representation in the LEPC. All revenues are generated from State and Federal funding. Montgomery County is acting as fiscal agent for the LEPC. The County did not pay any monies to the LEPC during 2016, and has no ongoing financial responsibility to the Council. Financial information can be obtained by writing to the Montgomery County Auditor’s Office, 451 West Third Street, Dayton, Ohio, 45422-1027.
Southwest Ohio Council of Governments: The Southwest Ohio Council of Governments (the Council) was created by the Board of Developmental Disabilities of Butler, Hamilton, Clermont and Warren Counties. Any other County Board of Developmental Disabilities (BODD) may petition for membership to the Council, however member ship must be approved by two-thirds vote of the Council members. The Council consists of six members, one member for each participating County BODD. The role of the Council is to coordinate the power and duties of the member BODDs to better serve and benefit persons with developmental disabilities within the participating counties. The Council serves as its own taxing and debt issuance authority and is a jointly governed organization. The County paid $242,500 to the Council during 2016. Financial information may be obtained from the Council at 1910 Fairgrove Avenue Suite E, Hamilton, Ohio 45011.
NOTE Q – CHANGE IN ACCOUNTING PRINCIPLE
For 2016, the County implemented the Governmental Accounting Standards Board (GASB) Statement No. 72 “Fair Value Measurement and Application”, and Statement No. 77 “Tax Abatement Disclosures”.
GASB Statement No. 72 addresses accounting and financial reporting issues related to fair value measurements. This Statement provides guidance for determining a fair value measurement for financial reporting purposes for applying fair value to certain investment and disclosures related to all fair value measurements. These changes were incorporated in the County’s financial statements; however, there was no effect on the beginning net position/fund balance.
69 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
GASB Statement No. 77 requires disclosure of tax abatement information about (1) a reporting government’s own tax abatement agreements and (2) those that are entered into by other governments and that reduce the reporting government’s tax revenues. The implementation of the statement had no effect on beginning fund balance/net position and current year activity was deemed insignificant.
NOTE R - FUND BALANCE
The fund balance for all governmental funds is classified as nonspendable, restricted, unrestricted and/or unassigned based primarily on the extent to which the County is bound to observe constraints imposed upon the use of the resources. The constraints placed on the fund balance for the major governmental funds and all other non-major government funds are presented as follows:
Job & Board of Motor Vehicle Family Children Developmental Other Fund Balances General Road & Bridge Services Services Disabilities Governmental Total Nonspendable Trust Funds $34,014 $70,800 $104,814 Total Nonspendable 34,014 0 0 0 0 70,800 104,814 Restricted For Road and Bridge 9,737,869 9,737,869 Public Assistance 1,152,750 140,359 1,293,109 Children's Services 9,004,035 3,927,268 12,931,303 Developmental Disabilities 23,142,051 23,142,051 Dog and Kennel 766,842 766,842 Real Estate Assessment 5,419,218 5,419,218 Environmental Services 2,788,750 2,788,750 Community & Economic Development 1,626,065 1,626,065 Court Services 3,303,412 3,303,412 Law Enforcement 953,612 953,612 Emergency Management 97,363 97,363 Senior Services 136,459 136,459 Mental Health Services 115,123 115,123 Hospital Support 89,098 89,098 Other Purposes 158,453 158,453 Debt Service Payments 936,406 936,406 Total Restricted 0 9,737,869 1,152,750 9,004,035 23,142,051 20,458,428 63,495,133 (Continued)
70 GREENE COUNTY, OHIO NOTES TO THE BASIC FINANCIAL STATEMENTS DECEMBER 31, 2016 (CONTINUED)
Job & Board of Motor Vehicle Family Children Developmental Other Fund Balances General Road & Bridge Services Services Disabilities Governmental Total Committed To Adult Day Care 41,495 41,495 Parks and Trails 1,285,620 1,285,620 County Home 469,989 469,989 Inmate Medical Services 12,087 12,087 Debt Service Payments 1,146,387 1,146,387 Capital Projects 2,011,040 2,011,040 Total Committed 0 0 0 0 0 4,966,618 4,966,618 Assigned To Outstanding Encumbrances: Parks and Trails 50,174 50,174 Court Services 42,579 42,579 General Government 951,532 951,532 Law Enforcement 78,060 78,060 Subsequent Appropriations 5,666,947 5,666,947 Total Assigned 6,789,292 0 0 0 0 0 6,789,292 Unassigned 27,461,194 0 0 0 0 0 27,461,194
Total Fund Balances $34,284,500 $9,737,869 $1,152,750 $9,004,035 $23,142,051 $25,495,846 $102,817,051
(Concluded)
Stabilization Arrangement: The Commissioners previously established a budget stabilization fund, permitted by the Ohio Revised Code. The fund is designed to accumulate currently available resources to stabilize budgets against cyclical changes in revenues and expenditure. The budget stabilization fund is only an insulator against short-term economic changes and, because of the limitations imposed by the Ohio Revised Code, it could not reasonable protect the County from long-term economic factors. The balance in the stabilization fund at December 31, 2016 was $2,750,000.
NOTE S - SUBSEQUENT EVENTS
On June 15, 2017, the County issued $639,776 in water system limited tax special assessment general obligation bonds. These bonds will mature in June 2037 and have an interest rate of 3.64%. $622,766 of these bonds were issued to retire the related bond anticipation notes outstanding at December 31, 2016.
71 GREENE COUNTY, OHIO REQUIRED SUPPLEMENTARY INFORMATION CONDITION ASSESSMENTS OF THE COUNTY’S INFRASTRUCTURE REPORTED USING THE MODIFIED APPROACH AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2016
The County reports its roads and bridges infrastructure assets using the modified approach (see Note A to the Financial Statements for a description of the modified approach). The following disclosures pertain to the condition assessment and budgeted versus actual expenditures for the preservation of these assets.
County Roads
The condition of road pavement is measured using a Physical Condition Rating system, which assigns a numerical ranking to each road based on the following criteria: date of last surface maintenance; pavement surface condition; traffic volume; traffic type; and the Financial Condition Ranking. The Financial Condition Ranking is a numerical ranking of one to five calculated by dividing the estimated repair cost by the replacement cost of the road and using the percentage to determine the condition ranking of the road. The following schedule is used to determine the Financial Condition Ranking:
Numeric Ranking Condition Ranking Criteria 1 Critical Repair cost exceeds 80% of the replacement cost 2 Poor Repair cost exceeds 45% of the replacement cost 3 Fair Repair cost exceeds 25% of the replacement cost 4 Good Repair cost exceeds 15% of the replacement cost 5 Excellent Repair cost exceeds 7% of the replacement cost
The Financial Condition Ranking is only one of the issues considered in determining the Physical Condition Rating. The Physical Condition Rating is determined by a committee of experts from the County Engineer’s Office based on the criteria discussed above. The Physical Condition Rating is also a numerical ranking of one to five with the following characteristics: Numeric Ranking Condition Ranking Condition Description 1 Critical Condition is dangerous, unsafe or unusable 2 Poor Condition is inadequate or substandard 3 Fair Condition is average, not good or poor 4 Good Condition is safe and suitable for purpose 5 Excellent Condition is new or requires no repair
It is the policy of the County Engineer that 90% of County roads are to be maintained in a condition of fair or better using the Physical Condition Rating and that a condition assessment using the Physical Condition Rating for County roads is performed annually. An assessment of County roads using the Financial Condition Ranking is to be performed at least once every three years. The following summarizes the Physical Condition Rating of County roads as of December 31, 2016, 2015 and 2014:
2016 2015 2014 Condition % of Lane Lane % of Lane Lane % of Lane Assessment Lane Miles Miles Miles Miles Miles Miles
Fair or Better 324 100% 324 100% 324 100% Less than Fair 0 0% 0 0% 0 0%
72 GREENE COUNTY, OHIO REQUIRED SUPPLEMENTARY INFORMATION CONDITION ASSESSMENTS OF THE COUNTY’S INFRASTRUCTURE REPORTED USING THE MODIFIED APPROACH AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2016 (Continued)
The following is a comparison of the County’s Budgeted and Actual expenditures for preservation of existing roadways:
Budgeted Actual Year Expenditures Expenditures Difference 2012 3,163,355 3,066,571 96,784 2013 3,140,098 3,102,862 37,236 2014 3,113,523 3,342,500 (228,977) 2015 3,437,698 2,785,254 652,444 2016 3,992,257 3,098,092 894,165
County Bridges The condition of the County’s bridges is determined using a General Appraisal Rating which is a condition coding system developed by the Federal Highway Administration. The General Appraisal Rating consists of various ratings of the individual elements of the structure and an overall ranking of between zero and nine is assigned. The ranking is as follows: Numerical Ranking Condition Ranking
7 to 9 Good
5 to 6 Fair
3 to 4 Poor
0 to 2 Critical
It is the policy of the County Engineer to maintain 95% of the County bridges at a level of fair or better. In accordance with the Ohio Revised Code, each bridge is inspected annually. The following is a summary of the condition assessment performed as of December 31, 2016, 2015 and 2014: 2016 2015 2014 Condition Number of % of Number of % of Number of % of Assessment Bridges Bridges Bridges Bridges Bridges Bridges
Fair or Better 281 99% 280 99% 280 99% Less than Fair 3 1% 3 1% 3 1%
The three bridges with a condition assessment of less than fair are covered wood bridges. Due to their historic significance these bridges cannot be replaced and it is not feasible to upgrade these bridges to meet today’s standards. The following is a comparison of the County’s Budgeted and Actual expenditures for preservation of existing bridges:
Budgeted Actual Year Expenditures Expenditures Difference 2012 40,000 10,311 29,689 2013 37,725 19,301 18,424 2014 37,418 44,015 (6,597) 2015 48,430 34,797 13,633
2016 1,174,724 1,010,115 164,609
73 GREENE COUNTY, OHIO REQUIRED SUPPLEMENTARY INFORMATION SCHEDULE OF THE COUNTY'S PROPORTIONATE SHARE OF THE NET PENSION LIABILITY OHIO PUBLIC EXMPLOYEES RETIREMENT SYSTEM - TRADITIONAL PLAN LAST THREE YEARS (1)
2015 2014 2013
Ohio Public Employees Retirement System - Traditional Plan: County's Proportion of the Net Pension Liability 0.377226% 0.381537% 0.381537% County's Proportionate Share of the Net Pension Liability$ 65,340,271 $ 45,499,986 $ 44,472,486 County's Covered-Employee Payroll$ 46,995,875 $ 46,364,217 $ 41,694,369 County's Proportionate Share of the Net Pension Liability as a Percentage of its Covered- Employee Payroll 139.03% 98.14% 106.66% Plan Fiduciary Net Pension as a Percentage of the Total Pension Liability 81.19% 86.45% 86.36%
Note: Information prior to 2013 is not available. The County will continue to present information for years available until a full ten-year trend is presented. (1) Amount presented as of the County's measurement date which is the prior fiscal year.
74 GREENE COUNTY, OHIO REQUIRED SUPPLEMENTARY INFORMATION SCHEDULE OF THE COUNTY'S CONTRIBUTIONS OHIO PUBLIC EMPLOYEES RETIREMENT SYSTEM - TRADITIONAL PLAN LAST FOUR YEARS
2016 2015 2014 2013
Ohio Public Employees Retirement System - Traditional Plan: Contractually Required Contribution$ 5,696,579 $ 5,639,505 $ 5,563,706 $ 5,420,268 Contributions in Relation to the Contractually Required Contributions (5,696,579) (5,639,505) (5,563,706) (5,420,268) Contribution Deficiency (Excess)$ - $ - $ - $ -
County Covered-Employee Payroll$ 47,471,492 $ 46,995,875 $ 46,364,217 $ 41,694,369 Contributions as a Percentage of Covered-Employee Payroll 12.00% 12.00% 12.00% 13.00%
Note: Information prior to 2013 is not available. The County will continue to present information for years available until a full ten-year trend is presented.
75 COMBINING FINANCIAL
STATEMENTS
AND SCHEDULES
76 GREENE COUNTY, OHIO NON-MAJOR FUNDS
The following are the County’s non-major funds, for the year ending December 31, 2016:
SPECIAL REVENUE FUNDS
The Special Revenue funds account for the proceeds of specific revenue sources (other than major capital projects) that are legally restricted to expenditure for specified purposes. Some of the more significant non-major special revenue funds include:
Real Estate Assessment - To account for revenues and expenditures related to the valuation of real estate properties for tax purposes. Revenues are derived from fees collected as a part of property tax settlement.
Environmental Services - This is used to account for the County’s yard waste collection and recycling programs.
Community Mental Health - To account for revenues received from a County-wide property tax levy and to provide resources for mental health programs. Greene County participates in a program with Clark and Madison Counties and provides monies to this joint effort.
Community Development Block Grant - This is a State and Federal Program to provide assistance to blighted community areas within the County and to assist with economic development projects in the county.
Child Support Enforcement Agency - This is a State mandated program to account for operating fees, reimbursements and related expenditures to maintain and enforce the County's child support program.
County Home - To account for a facility to provide personal care for the elderly, disabled and handicapped individuals with limited financial resources.
Hospital Levy - To account for a County-wide property tax levy which provides Greene Memorial Hospital, a non-profit organization, with resources to provide health care services.
Juvenile Court Grants - To account for revenue and expenditures to operate a juvenile detention center.
Equipment Acquisition - Accounts for the accumulation of resources and expenditures of funds for capital expenditures by various Governmental Funds of the County.
Common Pleas Grants - Accounts for grant and other revenue sources that are restricted for use by the Common Pleas Courts.
Council on Aging - Accounts for a County-wide property tax levy which provides the Senior Council on Aging, a non- profit organization with resources to provide services and activities to the elderly in Greene County.
Additional Special Revenue Funds presented in this report include:
Dog and Kennel Drug Law Enforcement Spring Lakes Park County Hotel Lodging Adult Day Care Parks & Trails Donations Home Arrest Indigent Drivers Indigent Guardianship Victim Witness Grants D.A.R.E. Donations Family & Children First Council Inmate Fees - Medical Emergency Management Grants Concealed Handgun License
77 DEBT SERVICE FUNDS
The debt service funds are used to account for the accumulation of resources for and the payment of, principal and interest on general obligation and special assessment debt with governmental commitment.
Road Assessment Debt Service - To account for the accumulation of assessments of properties benefitting from the road improvement and the payment of, principal and interest on special assessment road bonds.
Various Purpose Long-Term Obligation Bonds - To account for the payment of principal and interest on general obligation bonds of the County’s governmental funds.
Tax Incentive Project Debt - This fund is used to account for the accumulation of resources and payment of principal and interest on debt issues related to tax incentive programs authorized by the County.
CAPITAL PROJECTS FUND
Building and Road Construction - To account for major construction activities of the County’s governmental funds.
PERMANENT FUND
This fund is used to report resources that are legally restricted to the extent that only earnings, and not principal, may be used for purposes that support the County’s programs.
Chase Stewart - This fund accounts for principal and interest from a donation received by the County for the payment of medical bills for veterans. This fund is administered by the Soldier’s Relief Commission.
AGENCY FUNDS
These funds are used to report resources held by the County in a purely custodial capacity (assets equal liabilities).
Payroll Agency Fund - To account for the net payroll, payroll taxes, and other related payroll deductions accumulated from the governmental and proprietary funds for distribution to employees, other governmental units, and private organizations.
Undivided Tax Fund - The Undivided Tax Fund includes Real Estate Property Taxes, Inheritance Taxes and various other taxes collected and distributed by the County.
Political Subdivision - Divided monies received from Real Estate Property Taxes, Inheritance Taxes and various other receipts for taxing units of local jurisdictions that are in the process of being advanced or distributed to the taxing units.
Other Agency Funds - The following Agency Funds are grouped together within Other Agency Funds:
Construction Retainer Deposits with Segregated Accounts County Departmental Deposits with Segregated Accounts
78 GREENE COUNTY, OHIO COMBINING BALANCE SHEET NON-MAJOR GOVERNMENTAL FUNDS BY FUND TYPE DECEMBER 31, 2016
Capital Projects Permanent Total Non- Non-major Non-major Fund Fund major Special Revenue Debt Service Building & Road Chase Governmental Funds Funds Construction Stewart Funds
ASSETS: Equity in Pooled Cash and Cash Equivalents $ 21,251,164 $ 1,864,949 $ 2,189,373 $ 86,596 $ 25,392,082 Cash and Cash Equivalents in Segregated Accounts 78,152 78,152 Receivables (Net of Allowance for Uncollectibles) Taxes 12,625,340 285,155 12,910,495 Accounts 421,892 421,892 Accrued Interest 128 128 Due from Other Funds 53,612 53,612 Due from Other Governments 1,908,325 435,688 2,344,013 Total Assets $ 36,338,485 $ 2,585,792 $ 2,189,373 $ 86,724 $ 41,200,374 79
LIABILITIES: Accounts Payable $ 420,051 $ 420,051 Accrued Wages and Benefits 549,447 549,447 Due to Other Governments $ 83,333 83,333 Interfund Payable 308,494 308,494 Due to Other Funds 66,981 95,000 161,981 Total Liabilities 1,344,973 178,333 1,523,306
DEFERRED INFLOWS OF RESOURCES: Property Taxes 12,292,032 285,155 12,577,187 Unavailable Revenue 1,386,127 217,844 64 1,604,035 Total Deferred Inflows of Resources 13,678,159 502,999 64 14,181,222
FUND BALANCES: Nonspendable 70,800 70,800 Restricted 19,506,162 936,406 15,860 20,458,428 Committed 1,809,191 1,146,387 2,011,040 4,966,618 Total Fund Balances 21,315,353 2,082,793 2,011,040 86,660 25,495,846
Total Liabilities, Deferred Inflows of Resources and Fund Balances $ 36,338,485 $ 2,585,792 $ 2,189,373 $ 86,724 $ 41,200,374 GREENE COUNTY, OHIO COMBINING BALANCE SHEET NON-MAJOR SPECIAL REVENUE FUNDS DECEMBER 31, 2016
Real Estate Environmental Dog and Kennel Assessment Services ASSETS: Equity in Pooled Cash and Cash Equivalents $ 976,860 $ 5,464,243 $ 2,736,585 Cash and Cash Equivalents in Segregated Accounts 78,152 Receivables (Net of Allowance for Uncollectibles) Taxes Accounts 5,326 Due from Other Funds Due from Other Governments Total Assets $ 982,186 $ 5,464,243 $ 2,814,737
LIABILITIES: Accounts Payable $ 8,113 $ 22,352 $ 8,488 Accrued Wages and Benefits 26,252 22,658 16,983 Interfund Payable 180,000 Due to Other Funds 979 15 516 Total Liabilities 215,344 45,025 25,987
DEFERRED INFLOWS OF RESOURCES: Property Taxes Unavailable Revenue Total Deferred Inflows of Resources
FUND BALANCES: Restricted 766,842 5,419,218 2,788,750 Committed Total Fund Balances 766,842 5,419,218 2,788,750
Total Liabilities, Deferred Inflows of Resources and Fund Balances $ 982,186 $ 5,464,243 $ 2,814,737
80 Community Child Support Community Development Drug Law Enforcement Spring Mental Health Block Grant Enforcement Agency County Home Lakes Park
$ 92,815 $ 351,741 $ 706,748 $ 3,853,772 $ 703,886 $ 463
4,189,851 27,456 23,942 58,640 218,321 14,368 248,263 9,402 87,288 $ 4,530,929 $ 379,197 $ 740,092 $ 3,999,700 $ 936,575 $ 463
$ 22,150 $ 1,652 $ 2,514 $ 247,059 27,959 45,600 169,658
15,360 24,318 4,262 37,510 29,611 72,432 420,979
4,078,456 337,350 45,607 4,415,806 45,607
115,123 341,687 710,481 3,927,268 463 469,989 115,123 341,687 710,481 3,927,268 469,989 463
$ 4,530,929 $ 379,197 $ 740,092 $ 3,999,700 $ 936,575 $ 463
(Continued)
81 GREENE COUNTY, OHIO COMBINING BALANCE SHEET NON-MAJOR SPECIAL REVENUE FUNDS DECEMBER 31, 2016
County Hotel Lodging Hospital Levy Adult Day Care ASSETS: Equity in Pooled Cash and Cash Equivalents $ 1,294,974 $ 72,304 $ 71,153 Cash and Cash Equivalents in Segregated Accounts Receivables (Net of Allowance for Uncollectibles) Taxes 3,290,897 Accounts 15,443 Due from Other Funds Due from Other Governments 200,767 Total Assets $ 1,310,417 $ 3,563,968 $ 71,153
LIABILITIES: Accounts Payable $ 6,791 $ 5,594 Accrued Wages and Benefits 18,213 9,696 Interfund Payable Due to Other Funds 1,035 14,368 Total Liabilities 26,039 29,658
DEFERRED INFLOWS OF RESOURCES: Property Taxes 3,204,780 Unavailable Revenue 270,090 Total Deferred Inflows of Resources 3,474,870
FUND BALANCES: Restricted 1,284,378 89,098 Committed 41,495 Total Fund Balances 1,284,378 89,098 41,495
Total Liabilities, Deferred Inflows of Resources and Fund Balances $ 1,310,417 $ 3,563,968 $ 71,153
82 Victim Juvenile Court Parks and Trails Indigent Indigent Witness Grants Donations Home Arrest Drivers Guardianship Grants
$ 600,184 $ 1,292,736 $ 12,624 $ 27,530 $ 95,703 $ 150,298
3,274 1,227 68 3,122 1,090 1,842 8,583 775,004 41,216 $ 1,378,462 $ 1,293,963 $ 12,692 $ 30,652 $ 96,793 $ 201,939
$ 37,910 $ 8,343 $ 4,151 111,347 22,269 27,466 64,028 3,811 180,534 8,343 90,448
261,335 4,259 261,335 4,259
936,593 12,692 30,652 96,793 107,232 1,285,620 936,593 1,285,620 12,692 30,652 96,793 107,232
$ 1,378,462 $ 1,293,963 $ 12,692 $ 30,652 $ 96,793 $ 201,939
(Continued)
83 GREENE COUNTY, OHIO COMBINING BALANCE SHEET NON-MAJOR SPECIAL REVENUE FUNDS DECEMBER 31, 2016
Equipment DARE Inmate Fees Acquisition Donations Medical ASSETS: Equity in Pooled Cash and Cash Equivalents $ 78,480 $ 501 $ 12,208 Cash and Cash Equivalents in Segregated Accounts Receivables (Net of Allowance for Uncollectibles) Taxes Accounts Due from Other Funds Due from Other Governments 79,303 Total Assets $ 157,783 $ 501 $ 12,208
LIABILITIES: Accounts Payable $ 15,653 $ 121 Accrued Wages and Benefits Interfund Payable Due to Other Funds Total Liabilities 15,653 121
DEFERRED INFLOWS OF RESOURCES: Property Taxes Unavailable Revenue Total Deferred Inflows of Resources
FUND BALANCES: Restricted 142,130 501 Committed 12,087 Total Fund Balances 142,130 501 12,087
Total Liabilities, Deferred Inflows of Resources and Fund Balances $ 157,783 $ 501 $ 12,208
84 Family and Emergency Concealed Common Pleas Children First Management Handgun Council on Total Nonmajor Grants Council Grants License Aging Special Revenue
$ 2,013,479 $ 171,225 $ 102,658 $ 259,478 $ 108,516 $ 21,251,164 78,152
5,144,592 12,625,340 62,140 1 421,892 2,000 28,661 53,612 207,755 16,563 242,764 1,908,325 $ 2,285,374 $ 216,450 $ 102,658 $ 259,478 $ 5,495,872 $ 36,338,485
$ 5,720 $ 10,696 $ 32 $ 12,712 $ 420,051 47,381 23,682 5,263 2,486 549,447 37,000 308,494 667 1,650 66,981 53,101 72,045 5,295 16,848 1,344,973
5,008,796 12,292,032 112,823 4,046 350,617 1,386,127 112,823 4,046 5,359,413 13,678,159
2,119,450 140,359 97,363 242,630 136,459 19,506,162 1,809,191 2,119,450 140,359 97,363 242,630 136,459 21,315,353
$ 2,285,374 $ 216,450 $ 102,658 $ 259,478 $ 5,495,872 $ 36,338,485
(Concluded)
85 GREENE COUNTY, OHIO COMBINING BALANCE SHEET NON-MAJOR DEBT SERVICE FUNDS DECEMBER 31, 2016
Various Purpose Long- Road Term Assessment Obligation Tax Incentive Debt Service Bonds Project Debt Total ASSETS: Equity in Pooled Cash and Cash Equivalents $ 9,870 $ 1,146,387 $ 708,692 $ 1,864,949 Receivables (Net of Allowance for Uncollectibles) Taxes Receivable 285,155 285,155 Due from Other Governments 435,688 435,688 Total Assets $ 9,870 $ 1,146,387 $ 1,429,535 $ 2,585,792
DEFERRED INFLOWS OF RESOURCES: Property Taxes 285,155 285,155 Unavailable Revenue 217,844 217,844 Total Deferred Inflows of Resources 502,999 502,999
FUND BALANCES: Restricted 9,870 926,536 936,406 Committed 1,146,387 1,146,387 Total Fund Balances 9,870 1,146,387 926,536 2,082,793
Total Liabilities, Deferred Inflows of Resources and Fund Balances $ 9,870 $ 1,146,387 $ 1,429,535 $ 2,585,792
86 GREENE COUNTY, OHIO COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES NON-MAJOR GOVERNMENTAL FUNDS BY FUND TYPE FOR THE YEAR ENDED DECEMBER 31, 2016
Non-major Non-major Capital Projects Permanent Total Non- Special Debt Fund Fund major Revenue Service Building & Road Chase Governmental Funds Funds Construction Stewart Funds
REVENUES: Taxes $ 13,239,937 $ 280,919 $ 13,520,856 Charges for Services 9,114,030 9,114,030 Licenses and Permits 259,694 259,694 Fines and Forfeitures 575,120 575,120 Intergovernmental 8,653,785 462,285 9,116,070 Interest 54,134 $ 78,706 $ 422 133,262 Other 330,195 56,898 387,093 Total Revenues 32,226,895 743,204 135,604 422 33,106,125
EXPENDITURES: Current: General Government: 87 Legislative and Executive 1,444,824 28,881 1,868 1,475,573 Public Safety 5,887,855 5,887,855 Health 8,828,868 8,828,868 Human Services 11,853,751 11,853,751 Conservation and Recreation 815,211 815,211 Community and Economic Development 1,517,006 1,517,006 Capital Outlay 92,820 92,820 Debt Service: Principal Retirements 1,070,000 1,070,000 Interest and Fiscal Charges 882,905 1,383 884,288 Total Expenditures 30,347,515 1,981,786 94,203 1,868 32,425,372
Excess of Revenues Over (Under) Expenditures 1,879,380 (1,238,582) 41,401 (1,446) 680,753
OTHER FINANCING SOURCES AND USES: Transfers In 333,468 1,480,633 500,455 2,314,556 Proceeds from Sale of Capital Assets 753 753 Transfers Out (208,661) (78,706) (287,367) Total Other Financing Sources and Uses 125,560 1,480,633 421,749 2,027,942
Net Change in Fund Balance 2,004,940 242,051 463,150 (1,446) 2,708,695
Fund Balance (Deficit) at Beginning of Year 19,310,413 1,840,742 1,547,890 88,106 22,787,151
Fund Balance (Deficit) at End of Year $ 21,315,353 $ 2,082,793 $ 2,011,040 $ 86,660 $ 25,495,846 GREENE COUNTY, OHIO COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES NON-MAJOR SPECIAL REVENUE FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016
Real Estate Environmental Dog and Kennel Assessment Services
REVENUES: Taxes Charges for Services $ 820,570 $ 81,833 $ 938,992 Licenses and Permits Fines and Forfeitures 10,991 460,472 Intergovernmental 22,500 Interest Other 21,752 12,077 19,545 Total Revenues 853,313 554,382 981,037
EXPENDITURES: Current: General Government: Legislative and Executive 48,466 1,082,870 Public Safety Health 697,798 Human Services Conservation and Recreation 618,142 Community and Economic Development Total Expenditures 746,264 1,082,870 618,142
Excess of Revenues Over (Under) Expenditures 107,049 (528,488) 362,895
OTHER FINANCING SOURCES AND USES: Transfers In 1,500 Proceeds from Sale of Capital Assets Transfers Out (207,926) Total Other Financing Sources and Uses 1,500 (207,926)
Net Change in Fund Balance 107,049 (526,988) 154,969
Fund Balance (Deficit) at Beginning of Year 659,793 5,946,206 2,633,781
Fund Balance (Deficit) at End of Year $ 766,842 $ 5,419,218 $ 2,788,750
88 Community Child Support Community Development Drug Law Enforcement Spring Lakes Mental Health Block Grant Enforcement Agency County Home Park
$ 4,044,669 $ 608,527 $ 691,405 $ 4,246,309
88,917 491,025 $ 611,670 312,119 1,220,027
108,205 12,151 4,304 5,340 4,535,694 719,875 1,021,714 1,915,736 4,251,649
1,059,831 4,545,564 1,477,425 4,161,612
704,119 4,545,564 704,119 1,059,831 1,477,425 4,161,612
(9,870) 15,756 (38,117) 438,311 90,037
2,215
2,215
(9,870) 17,971 (38,117) 438,311 90,037
124,993 323,716 748,598 3,488,957 379,952 463
$ 115,123 $ 341,687 $ 710,481 $ 3,927,268 $ 469,989 $ 463
(Continued)
89 GREENE COUNTY, OHIO COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES NON-MAJOR SPECIAL REVENUE FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016
County Hotel Lodging Hospital Levy Adult Day Care
REVENUES: Taxes $ 1,047,678 $ 3,179,884 Charges for Services $ 260,766 Licenses and Permits Fines and Forfeitures Intergovernmental 398,455 Interest Other 18,992 37,339 Total Revenues 1,066,670 3,578,339 298,105
EXPENDITURES: Current: General Government: Legislative and Executive Public Safety Health 3,585,506 Human Services 297,150 Conservation and Recreation Community and Economic Development 812,887 Total Expenditures 812,887 3,585,506 297,150
Excess of Revenues Over (Under) Expenditures 253,783 (7,167) 955
OTHER FINANCING SOURCES AND USES: Transfers In 32,000 Proceeds from Sale of Capital Assets Transfers Out Total Other Financing Sources and Uses 32,000
Net Change in Fund Balance 253,783 (7,167) 32,955
Fund Balance (Deficit) at Beginning of Year 1,030,595 96,265 8,540
Fund Balance (Deficit) at End of Year $ 1,284,378 $ 89,098 $ 41,495
90 Parks and Juvenile Court Trails Indigent Indigent Victim Witness Grants Donations Home Arrest Drivers Guardianship Grants
$ 87,108 $ 38,725 $ 2,204 $ 39,094 $ 14,340 $ 142,905
11,827 2,065 848 2,504,959 1,000,000 810 307,373 54,134 10,277 29,014 1,311 75 2,614,171 1,123,938 2,204 40,752 15,651 450,353
2,558,429 1,216 35,156 7,513 493,625
197,069
2,558,429 197,069 1,216 35,156 7,513 493,625
55,742 926,869 988 5,596 8,138 (43,272)
69,159 753 (735) 18 69,159
55,760 926,869 988 5,596 8,138 25,887
880,833 358,751 11,704 25,056 88,655 81,345
$ 936,593 $ 1,285,620 $ 12,692 $ 30,652 $ 96,793 $ 107,232
(Continued)
91 GREENE COUNTY, OHIO COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES NON-MAJOR SPECIAL REVENUE FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016
Equipment DARE Inmate Fees Acquisition Donations Medical
REVENUES: Taxes Charges for Services $ 1,141 $ 31,492 Licenses and Permits Fines and Forfeitures Intergovernmental 361,148 Interest Other 1,550 Total Revenues 363,839 31,492
EXPENDITURES: Current: General Government: Legislative and Executive 313,488 Public Safety 33,233 Health Human Services Conservation and Recreation Community and Economic Development Total Expenditures 313,488 33,233
Excess of Revenues Over (Under) Expenditures 50,351 (1,741)
OTHER FINANCING SOURCES AND USES: Transfers In Proceeds from Sale of Capital Assets Transfers Out Total Other Financing Sources and Uses
Net Change in Fund Balance 50,351 (1,741)
Fund Balance (Deficit) at Beginning of Year 91,779 501 13,828
Fund Balance (Deficit) at End of Year $ 142,130 $ 501 $ 12,087
92 Family and Emergency Concealed Common Pleas Children First Management Handgun Council on Total Nonmajor Grants Council Grants License Aging Special Revenue
$ 4,967,706 $ 13,239,937 $ 1,073,063 $ 35,556 9,114,030 $ 259,694 259,694 575,120 590,295 240,416 111,241 481,747 8,653,785 54,134 463 47,800 330,195 1,663,821 323,772 111,241 259,694 5,449,453 32,226,895
1,444,824 1,397,139 116,820 184,893 5,887,855 8,828,868 458,347 5,459,217 11,853,751 815,211 1,517,006 1,397,139 458,347 116,820 184,893 5,459,217 30,347,515
266,682 (134,575) (5,579) 74,801 (9,764) 1,879,380
199,511 29,083 333,468 753 (208,661) 199,511 29,083 125,560
266,682 64,936 23,504 74,801 (9,764) 2,004,940
1,852,768 75,423 73,859 167,829 146,223 19,310,413
$ 2,119,450 $ 140,359 $ 97,363 $ 242,630 $ 136,459 $ 21,315,353
(Concluded)
93 GREENE COUNTY, OHIO COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES NON-MAJOR DEBT SERVICE FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016
Road Assessment Various Purpose Tax Debt Long-Term Incentive Service Obligation Bonds Project Debt Total
REVENUES: Taxes $ 280,919 $ 280,919 Intergovernmental 462,285 462,285 Total Revenues 743,204 743,204
EXPENDITURES: Current: General Government: Legislative and Executive $ 1,017 27,864 28,881 Debt Service: Principal Retirements $ 470,000 600,000 1,070,000 Interest and Fiscal Charges 532,564 350,341 882,905 Total Expenditures 1,017 1,002,564 978,205 1,981,786
Excess of Revenues Over (Under) Expenditures (1,017) (1,002,564) (235,001) (1,238,582)
OTHER FINANCING SOURCES AND USES: Transfers In 1,176,067 304,566 1,480,633
Total Other Financing Sources and Uses 1,176,067 304,566 1,480,633
Net Change in Fund Balance (1,017) 173,503 69,565 242,051
Fund Balance (Deficit) at Beginning of Year 10,887 972,884 856,971 1,840,742
Fund Balance (Deficit) at End of Year $ 9,870 $ 1,146,387 $ 926,536 $ 2,082,793
94 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL GENERAL FUND FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Positive Original Final Amounts (Negative) REVENUES: Taxes $ 33,478,500 $33,478,500 $ 35,777,714 $ 2,299,214 Charges for Services 5,418,470 5,618,271 7,609,564 1,991,293 Licenses and Permits 745,500 745,500 1,018,225 272,725 Fines and Forfeitures 296,200 296,200 325,560 29,360 Intergovernmental 4,879,318 4,879,318 5,529,681 650,363 Interest 734,503 734,503 1,019,449 284,946 Other 328,719 328,719 165,704 (163,015) Total Revenues 45,881,210 46,081,011 51,445,897 5,364,886
EXPENDITURES: General Government: Legislative and Executive Commissioners Personal Services 638,939 638,939 590,313 48,626 Contractual Services 809,202 817,777 812,227 5,550 Materials and Supplies 4,212 3,989 2,568 1,421 Capital Outlay 66,225 67,800 48,520 19,280 Other 1,952,951 3,756,444 3,729,077 27,367 Total - Commissioners 3,471,529 5,284,949 5,182,705 102,244
Auditor Personal Services 930,054 926,885 766,662 160,223 Contractual Services 39,630 31,403 29,695 1,708 Materials and Supplies 10,308 10,308 3,627 6,681 Capital Outlay 6,500 7,800 2,197 5,603 Other 13,150 12,519 10,940 1,579 Total - Auditor 999,642 988,915 813,121 175,794
Treasurer Personal Services 400,540 400,540 369,935 30,605 Contractual Services 7,571 7,571 7,571 Materials and Supplies 1,737 1,737 1,694 43 Other 27,431 27,431 27,431 Total - Treasurer 437,279 437,279 406,631 30,648
Prosecuting Attorney Personal Services 1,914,147 1,915,763 1,849,702 66,061 Contractual Services 18,484 15,431 14,922 509 Materials and Supplies 12,354 13,183 13,170 13 Capital Outlay 14,291 10,270 10,141 129 Other 18,200 22,804 21,814 990 Total - Prosecuting Attorney 1,977,476 1,977,451 1,909,749 67,702
Budget Commission Other 500 500 500 Total - Budget Commission 500 500 500
Bureau of Inspection Contractual Services 90,611 89,992 74,402 15,590 Total - Bureau of Inspection 90,611 89,992 74,402 15,590
95 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL GENERAL FUND - CONTINUED FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Positive Original Final Amounts (Negative) Data Processing Personal Services 690,111 690,111 653,286 36,825 Contractual Services 179,789 266,863 246,542 20,321 Materials and Supplies 5,000 5,000 4,609 391 Capital Outlay 120,000 112,500 112,000 500 Other 15,347 10,347 8 10,339 Total - Data Processing 1,010,247 1,084,821 1,016,445 68,376
Personnel Personal Services 440,554 440,554 395,374 45,180 Contractual Services 57,115 57,115 29,479 27,636 Materials and Supplies 4,575 4,575 1,035 3,540 Capital Outlay 11,301 11,301 4,147 7,154 Other 8,390 8,390 3,602 4,788 Total - Personnel 521,935 521,935 433,637 88,298
Microfilm Personal Services 180,570 181,120 179,965 1,155 Total - Microfilm 180,570 181,120 179,965 1,155
Service Garage Personal Services 191,081 191,094 175,288 15,806 Contractual Services 7,875 7,603 3,929 3,674 Materials and Supplies 56,059 54,502 52,283 2,219 Capital Outlay 3,000 3,000 2,920 80 Other 2,325 2,325 1,009 1,316 Total - Service Garage 260,340 258,524 235,429 23,095
Utilities Materials and Supplies 2,417,220 2,358,011 1,417,131 940,880 Total - Utilities 2,417,220 2,358,011 1,417,131 940,880
Records and Information Personal Services 182,120 182,120 179,572 2,548 Contractual Services 3,091 2,459 2,459 Materials and Supplies 1,081 6,184 6,139 45 Capital Outlay 30,882 26,775 26,658 117 Other 17,175 16,525 15,864 661 Total - Records and Information 234,349 234,063 230,692 3,371
Risk Management Personal Services 322,600 322,600 313,278 9,322 Contractual Services 37,750 37,000 27,267 9,733 Materials and Supplies 6,187 6,186 2,566 3,620 Capital Outlay 700 700 383 317 Other 890 1,640 510 1,130 Total - Risk Management 368,127 368,126 344,004 24,122
Insurance Contractual Services 349,550 361,648 360,576 1,072 Other 450 450 450 Total - Insurance 350,000 362,098 360,576 1,522
96 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL GENERAL FUND - CONTINUED FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Positive Original Final Amounts (Negative) Office of Finance Personal Services 170,606 190,606 137,552 53,054 Contractual Services 45 45 45 Materials and Supplies 100 400 167 233 Capital Outlay 289 589 343 246 Other 905 305 22 283 Total - Office of Finance 171,945 191,945 138,084 53,861
Miscellaneous Personal Services 250,000 121,386 121,386 Contractual Services 437,090 442,348 403,830 38,518 Materials and Supplies 11,395 3,395 3,395 Capital Outlay 602,628 129,324 74,460 54,864 Other 142,210 116,997 95,417 21,580 Total - Miscellaneous 1,443,323 813,450 573,707 239,743
Unclaimed Funds Other 210,000 210,000 22,274 187,726 Total - Unclaimed Funds 210,000 210,000 22,274 187,726
Board of Elections Personal Services 616,009 649,059 614,413 34,646 Contractual Services 295,034 262,684 177,283 85,401 Materials and Supplies 156,100 155,950 40,826 115,124 Capital Outlay 77,754 147,154 138,964 8,190 Other 216,450 215,750 131,794 83,956 Total - Board of Elections 1,361,347 1,430,597 1,103,280 327,317
Building and Grounds Capital Outlay 2,171,770 2,016,770 2,010,505 6,265 Total - Building and Grounds 2,171,770 2,016,770 2,010,505 6,265
Maintenance and Operations Personal Services 1,643,473 1,643,473 1,489,180 154,293 Contractual Services 454,472 489,673 473,241 16,432 Materials and Supplies 484,324 471,663 465,372 6,291 Capital Outlay 146,957 146,957 122,252 24,705 Other 3,340 3,100 2,095 1,005 Total - Maintenance and Operations 2,732,566 2,754,866 2,552,140 202,726
Recorder Personal Services 409,754 409,204 404,592 4,612 Contractual Services 120,366 119,366 18,911 100,455 Materials and Supplies 68,987 69,980 2,530 67,450 Capital Outlay 256,020 256,020 55,695 200,325 Other 19,236 19,236 11,811 7,425 Total - Recorder 874,363 873,806 493,539 380,267
Total - Legislative and Executive 21,285,139 22,439,218 19,498,016 2,941,202
Judicial Court of Appeals Other 49,500 50,168 50,168 Total - Court of Appeals 49,500 50,168 50,168
97 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL GENERAL FUND - CONTINUED FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Positive Original Final Amounts (Negative) Common Pleas Court Personal Services 1,707,894 1,712,648 1,710,206 2,442 Contractual Services 5,677 7,729 7,711 18 Materials and Supplies 8,285 5,770 5,705 65 Other 36,243 32,107 31,101 1,006 Total - Common Pleas Court 1,758,099 1,758,254 1,754,723 3,531
Juvenile Court Personal Services 2,491,263 2,547,848 2,545,736 2,112 Contractual Services 71,793 101,377 101,377 Materials and Supplies 17,972 19,918 19,918 Capital Outlay 6,376 6,376 6,376 Other 35,859 29,012 28,697 315 Total - Juvenile Court 2,623,263 2,704,531 2,702,104 2,427
Probate Court Personal Services 330,417 345,381 344,411 970 Contractual Services 500 1 1 Materials and Supplies 3,464 3,464 3,123 341 Other 4,733 4,215 4,062 153 Total - Probate Court 339,114 353,061 351,596 1,465
Clerk of Courts Personal Services 1,127,830 1,126,938 1,032,367 94,571 Contractual Services 31,042 22,172 22,169 3 Materials and Supplies 30,450 30,325 30,196 129 Other 21,217 166,663 15,790 150,873 Total - Clerk of Courts 1,210,539 1,346,098 1,100,522 245,576
Xenia Municipal Court Personal Services 122,599 123,129 121,443 1,686 Contractual Services 57,156 55,156 53,156 2,000 Other 13,010 11,636 8,700 2,936 Total - Xenia Municipal Court 192,765 189,921 183,299 6,622
Fairborn Municipal Court Personal Services 160,920 162,920 146,249 16,671 Contractual Services 57,156 55,156 53,156 2,000 Other 24,931 22,931 20,427 2,504 Total - Fairborn Municipal Court 243,007 241,007 219,832 21,175
Domestic Relations Court Personal Services 912,608 912,608 863,949 48,659 Contractual Services 18,910 19,600 17,231 2,369 Materials and Supplies 6,000 7,000 6,741 259 Capital Outlay 5,000 3,000 2,356 644 Other 11,500 11,500 8,051 3,449 Total - Domestic Relations Court 954,018 953,708 898,328 55,380
98 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL GENERAL FUND - CONTINUED FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Positive Original Final Amounts (Negative) Public Defender Personal Services 371,520 388,065 382,374 5,691 Contractual Services 608,997 668,928 554,075 114,853 Materials and Supplies 2,806 2,500 1,160 1,340 Capital Outlay 500 500 147 353 Other 2,985 2,950 1,084 1,866 Total - Public Defender 986,808 1,062,943 938,840 124,103
Total - Judicial 8,357,113 8,659,691 8,199,412 460,279
Total - General Government: 29,642,252 31,098,909 27,697,428 3,401,481
Public Safety Coroner Personal Services 397,481 397,491 389,568 7,923 Contractual Services 207,278 207,768 197,309 10,459 Materials and Supplies 3,370 2,870 2,485 385 Other 6,119 6,119 4,902 1,217 Total - Coroner 614,248 614,248 594,264 19,984
Juvenile Detention Personal Services 1,086,561 1,086,561 1,042,265 44,296 Contractual Services 52,346 42,178 39,971 2,207 Materials and Supplies 36,763 47,644 46,925 719 Capital Outlay 10,875 12,310 11,310 1,000 Other 4,514 1,513 1,513 Total - Juvenile Detention 1,191,059 1,190,206 1,141,984 48,222
Building Regulations Personal Services 731,838 716,838 658,299 58,539 Contractual Services 59,266 111,551 106,770 4,781 Materials and Supplies 4,345 5,511 4,861 650 Capital Outlay 79,825 74,705 73,205 1,500 Other 11,301 10,224 7,615 2,609 Total - Building Regulations 886,575 918,829 850,750 68,079
Sheriff - Administration Personal Services 1,661,436 1,661,436 1,517,312 144,124 Contractual Services 182,514 210,615 204,818 5,797 Materials and Supplies 124,802 127,693 122,907 4,786 Capital Outlay 27,240 10,841 10,692 149 Other 30,361 16,896 15,944 952 Total - Sheriff - Administration 2,026,353 2,027,481 1,871,673 155,808
Sheriff - Law Enforcement Personal Services 4,070,783 4,070,783 3,682,756 388,027 Contractual Services 98,294 92,341 84,544 7,797 Materials and Supplies 35,468 42,468 40,430 2,038 Capital Outlay 177,138 182,138 181,151 987 Other 16,080 10,033 9,804 229 Total - Sheriff - Law Enforcement 4,397,763 4,397,763 3,998,685 399,078
99 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL GENERAL FUND - CONTINUED FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Positive Original Final Amounts (Negative) Sheriff - Corrections Personal Services 6,884,396 6,868,316 6,566,386 301,930 Contractual Services 929,820 983,890 893,179 90,711 Materials and Supplies 38,057 68,057 67,573 484 Capital Outlay 182,730 212,049 167,176 44,873 Other 20,643 26,293 16,532 9,761 Total - Sheriff - Corrections 8,055,646 8,158,605 7,710,846 447,759
Total - Public Safety 17,171,644 17,307,132 16,168,202 1,138,930
Public Works County Engineer - Tax Maps Personal Services 108,736 108,736 96,322 12,414 Capital Outlay 3,501 3,501 3,501 Total - County Engineer - Tax Maps 112,237 112,237 99,823 12,414
Department of Public Works Personal Services 373,391 375,262 371,001 4,261 Contractual Services 380,828 378,772 251,825 126,947 Materials and Supplies 15,000 19,975 19,709 266 Capital Outlay 45,095 46,847 46,847 Other 7,050 50 50 Total - Department of Public Works 821,364 820,906 689,382 131,524
Total - Public Works 933,601 933,143 789,205 143,938
Health Vital Statistics Other 1,300 1,300 1,300 Total - Vital Statistics 1,300 1,300 1,300
Other Health Other 416,950 416,950 349,269 67,681 Total - Other Health 416,950 416,950 349,269 67,681
Total - Health 418,250 418,250 350,569 67,681
Human Services Veteran's Service Commission Personal Services 567,748 567,858 556,249 11,609 Contractual Services 189,696 168,740 131,024 37,716 Materials and Supplies 9,600 11,600 11,470 130 Capital Outlay 7,601 26,441 25,957 484 Other 65,375 65,350 65,015 335 Total - Veteran's Service Commission 840,020 839,989 789,715 50,274
Total - Human Services 8,020 83 ,989 789,715 50,274
100 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL GENERAL FUND - CONTINUED FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Positive Original Final Amounts (Negative) Conservation and Recreation Parks and Trails Personal Services 1,686,501 1,698,813 1,695,513 3,300 Contractual Services 97,865 98,762 97,489 1,273 Materials and Supplies 85,068 66,810 65,800 1,010 Capital Outlay 97,485 97,688 97,688 Other 26,139 47,582 47,566 16 Total - Parks and Trails 1,993,058 2,009,655 2,004,056 5,599
Agriculture Contractual Services 37,500 38,228 37,678 550 Other 435,400 434,672 433,017 1,655 Total - Agriculture 472,900 472,900 470,695 2,205
Total - Conservation and Recreation 2,465,958 2,482,555 2,474,751 7,804
Community and Economic Development Department of Development Personal Services 351,497 344,497 281,316 63,181 Contractual Services 17,661 24,524 14,032 10,492 Materials and Supplies 2,000 2,800 1,929 871 Capital Outlay 415 552 548 4 Other 24,100 23,200 14,310 8,890 Total - Department of Development 395,673 395,573 312,135 83,438
Total - Community and Economic Development 395,673 395,573 312,135 83,438
Total Expenditures 51,867,398 53,475,551 48,582,005 4,893,546
Excess of Revenues Over (Under) Expenditures (5,986,188) (7,394,540) 2,863,892 10,258,432
OTHER FINANCING SOURCES AND USES: Transfers In 1,206,000 1,206,668 735 (1,205,933) Proceeds from Sale of Capital Assets 21,800 21,800 53,574 31,774 Advances In 132,000 132,000 105,500 (26,500) Transfers Out (3,497,122) (4,327,497) (2,936,885) 1,390,612 Advances Out (176,624) (115,394) (80,556) 34,838 Repayment of Loans to Other Governments 200,000 200,000 Loans to Other Governments (213,500) (213,500) Total Other Financing Sources and Uses (2,313,946) (3,295,923) (2,871,132) 424,791
Net Change in Fund Balance (8,300,134) (10,690,463) (7,240) 10,683,223
Fund Balance (Deficit) at Beginning of Year 29,161,369 29,161,369 29,161,369
Prior Year Encumbrances Appropriated 1,010,201 1,010,201 1,010,201
Fund Balance (Deficit) at End of Year $ 21,871,436 $19,481,107 $ 30,164,330 $ 10,683,223
101 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL MOTOR VEHCILE, ROAD AND BRIDGE FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative) REVENUES: Taxes $ 815,850 $ 815,850 $ 838,450 $ 22,600 Special Assessments 37,686 37,686 39,200 1,514 Charges for Services 150,000 150,000 228,033 78,033 Fines and Forfeitures 125,000 125,000 163,317 38,317 Intergovernmental 6,455,100 7,123,779 7,440,101 316,322 Interest 10,000 10,000 19,807 9,807 Other 12,000 12,000 4,794 (7,206) Total Revenues 7,605,636 8,274,315 8,733,702 459,387
EXPENDITURES: Public Works County Engineer - MVGT Personal Services 3,204,425 3,204,425 2,803,066 401,359 Contractual Services 453,241 495,819 366,258 129,561 Materials and Supplies 1,925,540 1,865,810 1,465,595 400,215 Capital Outlay 2,691,424 4,228,678 3,238,758 989,920 Other 92,785 101,685 89,521 12,164 Total - County Engineer - MVGT 8,367,415 9,896,417 7,963,198 1,933,219
County Engineer - Bridge Personal Services 264,920 264,920 251,186 13,734 Contractual Services 72,066 75,066 48,558 26,508 Materials and Supplies 200,645 154,645 15,938 138,707 Capital Outlay 1,074,054 1,581,907 1,539,257 42,650 Other 1,500 1,500 1,500 Total - County Engineer - Bridge 1,613,185 2,078,038 1,854,939 223,099
County Engineer - Ditches Contractual Services 90,130 86,570 36,993 49,577 Materials and Supplies 16,000 16,000 3,922 12,078 Capital Outlay 3,000 3,000 3,000 Other 11,000 16,993 10,993 6,000 Total - County Engineer - Ditches 120,130 122,563 51,908 70,655
Total - Public Works 10,100,730 12,097,018 9,870,045 2,226,973
Total Expenditures 10,100,730 12,097,018 9,870,045 2,226,973
Excess of Revenues Over (Under) Expenditures (2,495,094) (3,822,703) (1,136,343) 2,686,360
OTHER FINANCING SOURCES AND USES: Proceeds from Sale of Capital Assets 55,951 55,951
Total Other Financing Sources and Uses 55,951 55,951
Net Change in Fund Balance (2,495,094) (3,822,703) (1,080,392) 2,742,311
Fund Balance (Deficit) at Beginning of Year 9,106,540 9,106,540 9,106,540
Prior Year Encumbrances Appropriated 268,385 268,385 268,385
Fund Balance (Deficit) at End of Year $ 6,879,831 $ 5,552,222 $ 8,294,533 $ 2,742,311
102 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL DEPARTMENT OF JOB AND FAMILY SERIVCES FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Intergovernmental $ 5,011,000 $ 5,011,000 $ 6,351,365 $ 1,340,365 Other 5,396,000 5,396,000 330,584 (5,065,416) Total Revenues 10,407,000 10,407,000 6,681,949 (3,725,051)
EXPENDITURES: Human Services Work Force Investment Contractual Services 912,000 993,500 884,466 109,034 Materials and Supplies 10,000 5,500 2,911 2,589 Capital Outlay 5,000 5,000 913 4,087 Other 4,000 2,000 2,000 Total - Work Force Investment 931,000 1,006,000 888,290 117,710
Public Assistance Personal Services 7,451,000 7,571,000 3,881,065 3,689,935 Contractual Services 1,986,300 1,891,300 1,712,095 179,205 Materials and Supplies 150,000 150,000 79,712 70,288 Capital Outlay 150,000 90,000 21,182 68,818 Other 226,000 261,000 94,561 166,439 Total - Public Assistance 9,963,300 9,963,300 5,788,615 4,174,685
Total Expenditures 10,894,300 10,969,300 6,676,905 4,292,395
Excess of Revenues Over (Under) Expenditures (487,300) (562,300) 5,044 567,344
OTHER FINANCING SOURCES AND USES: Transfers In 401,000 401,000 272,402 (128,598) Proceeds from Sale of Capital Assets 1,000 1,000 (1,000) Total Other Financing Sources and Uses 402,000 402,000 272,402 (129,598)
Net Change in Fund Balance (85,300) (160,300) 277,446 437,746
Fund Balance (Deficit) at Beginning of Year 1,367,415 1,367,415 1,367,415
Prior Year Encumbrances Appropriated 300 300 300
Fund Balance (Deficit) at End of Year $ 1,282,415 $ 1,207,415 $ 1,645,161 $ 437,746
103 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL CHILDREN SERVICES FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Taxes $ 5,160,500 $ 5,160,500 $ 5,189,227 $ 28,727 Charges for Services 70,000 70,000 56,991 (13,009) Intergovernmental 5,850,100 5,850,100 4,774,642 (1,075,458) Other 55,000 55,000 7,645 (47,355) Total Revenues 11,135,600 11,135,600 10,028,505 (1,107,095)
EXPENDITURES: Human Services Childrens Services Personal Services 436,500 436,500 322,674 113,826 Contractual Services 7,854,496 8,827,450 6,196,102 2,631,348 Materials and Supplies 87,700 87,700 53,621 34,079 Capital Outlay 80,000 80,000 23,803 56,197 Other 67,465 86,000 52,356 33,644 Total - Childrens Services 8,526,161 9,517,650 6,648,556 2,869,094
Children Services - Protect Ohio Contractual Services 2,050,773 3,026,808 2,482,792 544,016 Other 1,000 1,000 1,000 Total - Children Services - Protect Ohio 2,051,773 3,027,808 2,482,792 545,016
Total Expenditures 10,577,934 12,545,458 9,131,348 3,414,110
Excess of Revenues Over (Under) Expenditures 557,666 (1,409,858) 897,157 2,307,015
OTHER FINANCING SOURCES AND USES: Proceeds from Sale of Capital Assets 50,000 50,000 (50,000) Total Other Financing Sources and Uses 50,000 50,000 (50,000)
Net Change in Fund Balance 607,666 (1,359,858) 897,157 2,257,015
Fund Balance (Deficit) at Beginning of Year 7,497,261 7,497,261 7,497,261
Prior Year Encumbrances Appropriated 479,434 479,434 479,434
Fund Balance (Deficit) at End of Year $ 8,584,361 $ 6,616,837 $ 8,873,852 $ 2,257,015
104 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL BOARD OF DEVELOPMENTAL DISABILITIES FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Taxes $ 11,032,301 $11,032,301 $ 11,141,058 $ 108,757 Charges for Services 250,000 250,000 107,339 (142,661) Intergovernmental 3,812,620 3,812,620 5,944,261 2,131,641 Other 10,000 10,000 51,811 41,811 Total Revenues 15,104,921 15,104,921 17,244,469 2,139,548
EXPENDITURES: Health Developmental Disabilities Personal Services 11,192,025 11,222,025 9,619,866 1,602,159 Contractual Services 9,519,291 9,246,061 6,220,060 3,026,001 Materials and Supplies 735,232 703,791 417,988 285,803 Capital Outlay 240,157 265,079 121,620 143,459 Other 347,840 327,501 192,915 134,586 Total - Developmental Disabilities 22,034,545 21,764,457 16,572,449 5,192,008
Total Expenditures 22,034,545 21,764,457 16,572,449 5,192,008
Excess of Revenues Over (Under) Expenditures (6,929,624) (6,659,536) 672,020 7,331,556
OTHER FINANCING SOURCES AND USES: Transfers Out (8,420) (8,420) 8,420 Total Other Financing Sources and Uses (8,420) (8,420) 8,420
Net Change in Fund Balance (6,938,044) (6,667,956) 672,020 7,339,976
Fund Balance (Deficit) at Beginning of Year 21,661,609 21,661,609 21,661,609
Prior Year Encumbrances Appropriated 984,523 984,523 984,523
Fund Balance (Deficit) at End of Year $ 15,708,088 $15,978,176 $ 23,318,152 $ 7,339,976
105 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL DOG AND KENNEL FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 900,000 $ 900,000 $ 838,999 $ (61,001) Fines and Forfeitures 13,000 13,000 11,876 (1,124) Other 15,000 15,000 21,852 6,852 Total Revenues 928,000 928,000 872,727 (55,273)
EXPENDITURES: Legislative and Executive Auditor Personal Services 31,200 31,300 28,925 2,375 Contractual Services 291 291 291 Materials and Supplies 10,890 16,890 15,238 1,652 Capital Outlay 241 241 241 Other 134,000 128,900 4,345 124,555 Total - Auditor 176,622 177,622 48,508 129,114
Health Animal Control Personal Services 677,184 677,184 652,312 24,872 Contractual Services 9,605 18,890 15,724 3,166 Materials and Supplies 12,564 23,808 21,000 2,808 Capital Outlay 5,456 10,961 10,960 1 Other 15,423 13,390 6,582 6,808 Total - Animal Control 720,232 744,233 706,578 37,655
Total Expenditures 896,854 921,855 755,086 166,769
Excess of Revenues Over (Under) Expenditures 31,146 6,145 117,641 111,496
OTHER FINANCING SOURCES AND USES: Advances In 20,000 20,000 (20,000) Advances Out (60,000) (60,000) (60,000) Total Other Financing Sources and Uses (40,000) (40,000) (60,000) (20,000)
Net Change in Fund Balance (8,854) (33,855) 57,641 91,496
Fund Balance (Deficit) at Beginning of Year 906,603 906,603 906,603
Prior Year Encumbrances Appropriated 3,196 3,196 3,196
Fund Balance (Deficit) at End of Year $ 900,945 $ 875,944 $ 967,440 $ 91,496
106 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL REAL ESTATE ASSESSMENT FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 80,000 $ 80,000 $ 81,833 $ 1,833 Fines and Forfeitures 315,000 390,126 460,472 70,346 Other 11,754 12,823 1,069 Total Revenues 395,000 481,880 555,128 73,248
EXPENDITURES: Legislative and Executive Auditor Personal Services 237,800 238,800 198,370 40,430 Contractual Services 1,808,583 1,808,583 1,013,513 795,070 Materials and Supplies 12,065 12,065 9,361 2,704 Capital Outlay 4,000 4,000 198 3,802 Other 32,000 38,000 25,051 12,949 Total - Auditor 2,094,448 2,101,448 1,246,493 854,955
Treasurer Personal Services 118,077 119,577 104,397 15,180 Contractual Services 14,575 14,575 13,648 927 Materials and Supplies 5,211 5,211 105 5,106 Other 28,964 28,964 13,830 15,134 Total - Treasurer 166,827 168,327 131,980 36,347
Prosecuting Attorney Personal Services 8,959 48,959 8,798 40,161 Contractual Services 64,250 118,121 87,380 30,741 Materials and Supplies 3,000 3,000 566 2,434 Capital Outlay 4,294 3,294 2,893 401 Other 23,608 9,776 6,945 2,831 Total - Prosecuting Attorney 104,111 183,150 106,582 76,568
Board of Revision Contractual Services 10,000 13,000 5,468 7,532 Materials and Supplies 7,412 7,412 3,868 3,544 Other 2,910 2,383 1,383 1,000 Total - Board of Revision 20,322 22,795 10,719 12,076
Geographic Information Systems Personal Services 211,005 194,031 16,974 Contractual Services 350,795 421,035 402,268 18,767 Materials and Supplies 4,000 860 3,140 Capital Outlay 20,000 13,158 6,842 Other 2,500 2,500 Total - Geographic Information Systems 350,795 658,540 610,317 48,223
Total Expenditures 2,736,503 3,134,260 2,106,091 1,028,169
Excess of Revenues Over (Under) Expenditures (2,341,503) (2,652,380) (1,550,963) 1,101,417
OTHER FINANCING SOURCES AND USES: Transfers In 1,500 1,500 Total Other Financing Sources and Uses 1,500 1,500
Net Change in Fund Balance (2,341,503) (2,652,380) (1,549,463) 1,102,917
Fund Balance (Deficit) at Beginning of Year 5,446,284 5,446,284 5,446,284
Prior Year Encumbrances Appropriated 629,010 629,010 629,010
Fund Balance (Deficit) at End of Year $ 3,733,791 $ 3,422,914 $ 4,525,831 $ 1,102,917
107 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL ENVIRONMENTAL SERVICES FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 1,002,000 $ 1,005,748 $ 942,526 $ (63,222) Intergovernmental 27,500 22,500 22,500 Other 15,000 15,000 19,409 4,409 Total Revenues 1,044,500 1,043,248 984,435 (58,813)
EXPENDITURES: Conservation and Recreation Sanitary Engineer Personal Services 450,461 450,461 340,551 109,910 Contractual Services 278,430 273,867 243,600 30,267 Materials and Supplies 88,341 83,956 74,104 9,852 Capital Outlay 4,650 4,650 3,350 1,300 Other 44,108 44,108 11,456 32,652 Total - Sanitary Engineer 865,990 857,042 673,061 183,981
Total Expenditures 865,990 857,042 673,061 183,981
Excess of Revenues Over (Under) Expenditures 178,510 186,206 311,374 125,168
OTHER FINANCING SOURCES AND USES: Advances In 2,000 (2,000) Transfers Out (219,926) (219,926) (207,926) 12,000 Advances Out (10,000) (14,000) 14,000 Total Other Financing Sources and Uses (229,926) (231,926) (207,926) 24,000
Net Change in Fund Balance (51,416) (45,720) 103,448 149,168
Fund Balance (Deficit) at Beginning of Year 2,559,510 2,559,510 2,559,510
Prior Year Encumbrances Appropriated 29,306 29,306 29,306
Fund Balance (Deficit) at End of Year $ 2,537,400 $ 2,543,096 $ 2,692,264 $ 149,168
108 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL COMMUNITY MENTAL HEALTH FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Taxes $ 3,954,500 $ 4,054,539 $ 4,054,539 Intergovernmental 490,000 491,025 491,025 Total Revenues 4,444,500 4,545,564 4,545,564
EXPENDITURES: Health Community Mental Health Contractual Services 57,200 26,245 26,245 Other 4,342,800 4,519,319 4,519,319 Total - Community Mental Health 4,400,000 4,545,564 4,545,564
Total Expenditures 4,400,000 4,545,564 4,545,564
Net Change in Fund Balance 44,500
Fund Balance (Deficit) at Beginning of Year
Fund Balance (Deficit) at End of Year $ 44,500
109 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL COMMUNITY DEVELOPMENT BLOCK GRANT FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 5,000 $ 5,000 Intergovernmental 558,200 758,200 611,670 (146,530) Other 83,249 83,249 Total Revenues 558,200 758,200 699,919 (58,281)
EXPENDITURES: Community and Economic Development Department of Development Contractual Services 529,319 781,837 661,330 120,507 Materials and Supplies 10,005 11,833 5,971 5,862 Capital Outlay 1,500 1,500 137 1,363 Other 200,574 216,796 48,604 168,192 Total - Department of Development 741,398 1,011,966 716,042 295,924
Total Expenditures 741,398 1,011,966 716,042 295,924
Excess of Revenues Over (Under) Expenditures (183,198) (253,766) (16,123) 237,643
OTHER FINANCING SOURCES AND USES: Transfers In 200 200 2,215 2,015 Total Other Financing Sources and Uses 200 200 2,215 2,015
Net Change in Fund Balance (182,998) (253,566) (13,908) 239,658
Fund Balance (Deficit) at Beginning of Year 327,044 327,044 327,044
Prior Year Encumbrances Appropriated 16,382 16,382 16,382
Fund Balance (Deficit) at End of Year $ 160,428 $ 89,860 $ 329,518 $ 239,658
110 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL DRUG LAW ENFORCEMENT FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 517,400 $ 524,600 $ 585,151 $ 60,551 Fines and Forfeitures 145,000 162,458 89,331 (73,127) Intergovernmental 311,150 349,434 317,867 (31,567) Other 200 12,339 12,151 (188) Total Revenues 973,750 1,048,831 1,004,500 (44,331)
EXPENDITURES: Public Safety Drug Law Enforcement Contractual Services 9,877 21,877 20,345 1,532 Materials and Supplies 25,446 12,717 6,333 6,384 Capital Outlay 117,487 133,760 3,790 129,970 Other 3,150 2,022 1,128 Total - Drug Law Enforcement 152,810 171,504 32,490 139,014
Sheriff - Administration Personal Services 398,024 422,105 346,007 76,098 Contractual Services 105,369 294,967 271,429 23,538 Materials and Supplies 78,359 105,359 21,030 84,329 Capital Outlay 8,000 7,132 868 Other 4,280 55,503 40,132 15,371 Total - Sheriff - Administration 586,032 885,934 685,730 200,204
ACE Taskforce Personal Services 314,769 315,631 200,123 115,508 Contractual Services 29,836 45,159 33,679 11,480 Materials and Supplies 3,377 3,264 3,264 Capital Outlay 35,000 35,000 30,342 4,658 Other 203,678 231,793 87,241 144,552 Total - ACE Taskforce 586,660 630,847 354,649 276,198
Total Expenditures 1,325,502 1,688,285 1,072,869 615,416
Excess of Revenues Over (Under) Expenditures (351,752) (639,454) (68,369) 571,085
OTHER FINANCING SOURCES AND USES: Transfers In 117,000 117,000 (117,000) Advances In 25,000 25,000 (25,000) Transfers Out (13,514) (71,755) 71,755 Advances Out (25,000) 25,000 Total Other Financing Sources and Uses 128,486 45,245 (45,245)
Net Change in Fund Balance (223,266) (594,209) (68,369) 525,840
Fund Balance (Deficit) at Beginning of Year 759,427 759,427 759,427
Prior Year Encumbrances Appropriated 10,993 10,993 10,993
Fund Balance (Deficit) at End of Year $ 547,154 $ 176,211 $ 702,051 $ 525,840
111 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL CHILD SUPPORT ENFORCEMENT AGENCY FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 650,000 $ 650,000 $ 634,159 $ (15,841) Intergovernmental 1,100,000 1,100,000 1,209,049 109,049 Other 60,000 60,000 2,910 (57,090) Total Revenues 1,810,000 1,810,000 1,846,118 36,118
EXPENDITURES: Human Services Bureau of Support Personal Services 1,058,200 1,058,200 985,592 72,608 Contractual Services 612,000 612,000 485,710 126,290 Materials and Supplies 15,000 15,000 160 14,840 Capital Outlay 11,000 11,000 2,938 8,062 Other 18,000 18,000 1,472 16,528 Total - Bureau of Support 1,714,200 1,714,200 1,475,872 238,328
Total Expenditures 1,714,200 1,714,200 1,475,872 238,328
Net Change in Fund Balance 95,800 95,800 370,246 274,446
Fund Balance (Deficit) at Beginning of Year 3,481,125 3,481,125 3,481,125
Fund Balance (Deficit) at End of Year $ 3,576,925 $ 3,576,925 $ 3,851,371 $ 274,446
112 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL COUNTY HOME FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 4,406,767 $ 4,406,767 $ 4,250,488 $ (156,279) Other 2,000 2,000 5,340 3,340 Total Revenues 4,408,767 4,408,767 4,255,828 (152,939)
EXPENDITURES: Human Services Greenewood Manor Personal Services 3,038,628 3,122,638 3,101,736 20,902 Contractual Services 508,520 493,670 470,646 23,024 Materials and Supplies 591,223 571,745 550,588 21,157 Capital Outlay 400 383 17 Other 30,252 32,224 29,868 2,356 Total - Greenewood Manor 4,168,623 4,220,677 4,153,221 67,456
Total Expenditures 4,168,623 4,220,677 4,153,221 67,456
Net Change in Fund Balance 240,144 188,090 102,607 (85,483)
Fund Balance (Deficit) at Beginning of Year 589,699 589,699 589,699
Prior Year Encumbrances Appropriated 3,504 3,504 3,504
Fund Balance (Deficit) at End of Year $ 833,347 $ 781,293 $ 695,810 $ (85,483)
113 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL SPRING LAKES PARK FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
OTHER FINANCING SOURCES AND USES: Transfers Out $ (463) $ (463) $ 463 Total Other Financing Sources and Uses (463) (463) 463
Net Change in Fund Balance (463) (463) 463
Fund Balance (Deficit) at Beginning of Year 463 463 463
Fund Balance (Deficit) at End of Year $ 463 $ 463
114 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL COUNTY HOTEL LODGING FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Taxes $ 900,000 $ 900,000 $ 1,042,240 $ 142,240 Other 3,549 3,549 Total Revenues 900,000 900,000 1,045,789 145,789
EXPENDITURES: Community and Economic Development Convention and Visitor Bureau Personal Services 368,854 373,316 369,483 3,833 Contractual Services 116,016 116,239 110,331 5,908 Materials and Supplies 49,498 49,045 44,768 4,277 Capital Outlay 19,110 19,110 17,846 1,264 Other 407,230 405,288 373,740 31,548 Total - Convention and Visitor Bureau 960,708 962,998 916,168 46,830
Total Expenditures 960,708 962,998 916,168 46,830
Net Change in Fund Balance (60,708) (62,998) 129,621 192,619
Fund Balance (Deficit) at Beginning of Year 933,552 933,552 933,552
Prior Year Encumbrances Appropriated 50,783 50,783 50,783
Fund Balance (Deficit) at End of Year $ 923,627 $ 921,337 $ 1,113,956 $ 192,619
115 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL HOSPITAL LEVY FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Taxes $ 3,107,000 $ 3,187,051 $ 3,187,051 Intergovernmental 395,400 398,455 398,455
Total Revenues 3,502,400 3,585,506 3,585,506
EXPENDITURES: Health Commissioners - Hospital Operating Contractual Services 45,500 20,558 20,558 Other 3,454,500 3,564,948 3,564,948 Total - Commissioners - Hospital Operating 3,500,000 3,585,506 3,585,506
Total Expenditures 3,500,000 3,585,506 3,585,506
Net Change in Fund Balance 2,400
Fund Balance (Deficit) at Beginning of Year
Fund Balance (Deficit) at End of Year $ 2,400
116 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL ADULT DAY CARE FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 285,612 $ 285,612 $ 271,226 $ (14,386) Other 15,135 15,135 37,339 22,204 Total Revenues 300,747 300,747 308,565 7,818
EXPENDITURES: Human Services County Home Adult Day Care Personal Services 211,535 218,590 206,027 12,563 Contractual Services 20,904 27,852 24,604 3,248 Materials and Supplies 27,300 26,398 24,100 2,298 Capital Outlay 32,000 32,000 Other 6,300 6,300 832 5,468 Total - County Home Adult Day Care 266,039 311,140 287,563 23,577
Total Expenditures 266,039 311,140 287,563 23,577
Excess of Revenues Over (Under) Expenditures 34,708 (10,393) 21,002 31,395
OTHER FINANCING SOURCES AND USES: Transfers In 32,000 32,000 Total Other Financing Sources and Uses 32,000 32,000
Net Change in Fund Balance 34,708 (10,393) 53,002 63,395
Fund Balance (Deficit) at Beginning of Year 15,558 15,558 15,558
Prior Year Encumbrances Appropriated 982 982 982
Fund Balance (Deficit) at End of Year $ 51,248 $ 6,147 $ 69,542 $ 63,395
117 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL JUVENILE COURT GRANTS FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 30,600 $ 70,600 $ 88,019 $ 17,419 Fines and Forfeitures 10,000 15,000 11,124 (3,876) Intergovernmental 3,096,436 3,181,039 2,488,764 (692,275) Refunds 18 (18) Other 9,441 9,441 Total Revenues 3,137,036 3,266,657 2,597,348 (669,309)
EXPENDITURES: Public Safety Juvenile Court Personal Services 632,904 657,111 594,810 62,301 Contractual Services 76,288 117,790 89,870 27,920 Materials and Supplies 62,535 62,467 46,007 16,460 Capital Outlay 45,356 70,646 59,201 11,445 Other 22,289 25,249 18,164 7,085 Total - Juvenile Court 839,372 933,263 808,052 125,211
Juvenile Detention Materials and Supplies 38,026 72,852 47,500 25,352 Capital Outlay 26,475 3,465 23,010 Total - Juvenile Detention 38,026 99,327 50,965 48,362
Juvenile Rehab Personal Services 764,963 1,575,733 1,435,922 139,811 Contractual Services 42,045 79,772 49,147 30,625 Materials and Supplies 36,584 145,758 138,223 7,535 Capital Outlay 94,937 156,839 115,558 41,281 Other 5,500 20,765 17,217 3,548 Total - Juvenile Rehab 944,029 1,978,867 1,756,067 222,800
Total Expenditures 1,821,427 3,011,457 2,615,084 396,373
Excess of Revenues Over (Under) Expenditures 1,315,609 255,200 (17,736) (272,936)
OTHER FINANCING SOURCES AND USES: Transfers In 63,800 (63,800) Proceeds from Sale of Capital Assets 753 753 Transfers Out (72,886) (77,147) (735) 76,412 Advances Out (40,466) (53,471) (840) 52,631 Total Other Financing Sources and Uses (113,352) (66,818) (822) 65,996
Net Change in Fund Balance 1,202,257 188,382 (18,558) (206,940)
Fund Balance (Deficit) at Beginning of Year 526,126 526,126 526,126
Prior Year Encumbrances Appropriated 66,402 66,402 66,402
Fund Balance (Deficit) at End of Year $ 1,794,785 $ 780,910 $ 573,970 $ (206,940)
118 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL PARKS AND TRAILS DONATIONS FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 26,000 $ 26,000 $ 37,810 $ 11,810 Fines and Forfeitures 500 500 1,865 1,365 Intergovernmental 1,000,000 1,000,000 Interest 38,000 38,000 54,134 16,134 Other 11,500 13,675 30,104 16,429 Total Revenues 76,000 1,078,175 1,123,913 45,738
EXPENDITURES: Conservation and Recreation Parks and Trails Contractual Services 27,375 58,408 46,181 12,227 Materials and Supplies 24,552 28,578 24,488 4,090 Capital Outlay 125,399 14,025 12,420 1,605 Other 9,504 135,943 133,792 2,151 Total - Parks and Trails 186,830 236,954 216,881 20,073
Total Expenditures 186,830 236,954 216,881 20,073
Net Change in Fund Balance (110,830) 841,221 907,032 65,811
Fund Balance (Deficit) at Beginning of Year 355,343 355,343 355,343
Prior Year Encumbrances Appropriated 3,930 3,930 3,930
Fund Balance (Deficit) at End of Year $ 248,443 $ 1,200,494 $ 1,266,305 $ 65,811
119 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL HOME ARREST FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 4,500 $ 4,500 $ 3,086 $ (1,414) Total Revenues 4,500 4,500 3,086 (1,414)
EXPENDITURES: Public Safety Common Pleas Court Contractual Services 835 620 620 Materials and Supplies 2,000 2,000 1,216 784 Total - Common Pleas Court 2,835 2,620 1,836 784
Total Expenditures 2,835 2,620 1,836 784
Net Change in Fund Balance 1,665 1,880 1,250 (630)
Fund Balance (Deficit) at Beginning of Year 10,080 10,080 10,080
Prior Year Encumbrances Appropriated 835 835 835
Fund Balance (Deficit) at End of Year $ 12,580 $ 12,795 $ 12,165 $ (630)
120 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL INDIGENT DRIVERS FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 32,000 $ 37,964 $ 38,782 $ 818 Fines and Forfeitures 500 2,500 817 (1,683) Intergovernmental 500 500 810 310 Total Revenues 33,000 40,964 40,409 (555)
EXPENDITURES: Public Safety Juvenile Court Other 500 500 500 Total - Juvenile Court 500 500 500
Clerk of Courts Other 4,000 5,945 5,739 206 Total - Clerk of Courts 4,000 5,945 5,739 206
Xenia Municipal Court Capital Outlay 3,282 3,282 3,282 Other 17,372 16,250 13,724 2,526 Total - Xenia Municipal Court 20,654 19,532 13,724 5,808
Fairborn Municipal Court Capital Outlay 3,264 3,563 3,563 Other 13,528 17,617 16,732 885 Total - Fairborn Municipal Court 16,792 21,180 16,732 4,448
Total Expenditures 41,946 47,157 36,195 10,962
Net Change in Fund Balance (8,946) (6,193) 4,214 10,407
Fund Balance (Deficit) at Beginning of Year 23,316 23,316 23,316
Fund Balance (Deficit) at End of Year $ 14,370 $ 17,123 $ 27,530 $ 10,407
121 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL INDIGENT GUARDIANSHIP FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 16,000 $ 16,000 $ 14,530 $ (1,470) Other 1,000 1,000 1,311 311 Total Revenues 17,000 17,000 15,841 (1,159)
EXPENDITURES: Public Safety Probate Court Contractual Services 15,000 15,000 7,960 7,040 Total - Probate Court 15,000 15,000 7,960 7,040
Total Expenditures 15,000 15,000 7,960 7,040
Net Change in Fund Balance 2,000 2,000 7,881 5,881
Fund Balance (Deficit) at Beginning of Year 87,822 87,822 87,822
Fund Balance (Deficit) at End of Year $ 89,822 $ 89,822 $ 95,703 $ 5,881
122 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL VICTIM WITNESS GRANTS FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 121,000 $ 122,644 $ 134,620 $ 11,976 Intergovernmental 389,600 389,600 305,602 (83,998) Other 70 70 75 5 Total Revenues 510,670 512,314 440,297 (72,017)
EXPENDITURES: Public Safety Prosecuting Attorney Personal Services 520,686 518,244 420,720 97,524 Contractual Services 5,800 6,500 6,200 300 Materials and Supplies 3,000 3,000 1,540 1,460 Capital Outlay 31,275 31,275 20,030 11,245 Other 19,959 19,259 9,800 9,459 Total - Prosecuting Attorney 580,720 578,278 458,290 119,988
Probate Court Other 31,000 32,644 32,644 Total - Probate Court 31,000 32,644 32,644
Total Expenditures 611,720 610,922 490,934 119,988
Excess of Revenues Over (Under) Expenditures (101,050) (98,608) (50,637) 47,971
OTHER FINANCING SOURCES AND USES: Transfers In 139,000 139,000 69,159 (69,841) Advances In 24,000 24,000 38,056 14,056 Transfers Out (109) (109) 109 Total Other Financing Sources and Uses 162,891 162,891 107,215 (55,676)
Net Change in Fund Balance 61,841 64,283 56,578 (7,705)
Fund Balance (Deficit) at Beginning of Year 93,640 93,640 93,640
Fund Balance (Deficit) at End of Year $ 155,481 $ 157,923 $ 150,218 $ (7,705)
123 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL EQUIPMENT ACQUISITION FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 1,000 $ 1,000 $ 1,141 $ 141 Intergovernmental 353,000 353,000 309,512 (43,488) Other 1,000 3,000 1,550 (1,450) Total Revenues 355,000 357,000 312,203 (44,797)
EXPENDITURES: General Government: Commissioners Contractual Services 890 890 220 670 Materials and Supplies 288 288 198 90 Capital Outlay 6,256 7,806 1,078 6,728 Other 354,280 354,280 310,774 43,506 Total - Commissioners 361,714 363,264 312,270 50,994
Geographic Information Systems Materials and Supplies 2,500 2,500 738 1,762 Capital Outlay 5,000 5,000 1,690 3,310 Other 750 750 70 680 Total - Geographic Information Systems 8,250 8,250 2,498 5,752
Total Expenditures 369,964 371,514 314,768 56,746
Net Change in Fund Balance (14,964) (14,514) (2,565) 11,949
Fund Balance (Deficit) at Beginning of Year 78,287 78,287 78,287
Prior Year Encumbrances Appropriated 1,478 1,478 1,478
Fund Balance (Deficit) at End of Year $ 64,801 $ 65,251 $ 77,200 $ 11,949
124 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL D.A.R.E. DONATIONS FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Other $ 200 $ 200 $ (200) Total Revenues 200 200 (200)
EXPENDITURES: Public Safety Sheriff Materials and Supplies 501 501 501 Total - Sheriff 501 501 501
Total Expenditures 501 501 501
Net Change in Fund Balance (301) (301) 301
Fund Balance (Deficit) at Beginning of Year 501 501 501
Fund Balance (Deficit) at End of Year $ 200 $ 200 $ 501 $ 301
125 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL INMATE FEES - MEDICAL FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 34,000 $ 34,000 $ 31,492 $ (2,508) Total Revenues 34,000 34,000 31,492 (2,508)
EXPENDITURES: Public Safety Sheriff - Administration Contractual Services 6,958 24,153 18,733 5,420 Materials and Supplies 6,269 18,751 15,579 3,172 Capital Outlay 320 320 320 Other 10 10 10 Total - Sheriff - Administration 13,557 43,234 34,312 8,922
Total Expenditures 13,557 43,234 34,312 8,922
Net Change in Fund Balance 20,443 (9,234) (2,820) 6,414
Fund Balance (Deficit) at Beginning of Year 12,888 12,888 12,888
Prior Year Encumbrances Appropriated 940 940 940
Fund Balance (Deficit) at End of Year $ 34,271 $ 4,594 $ 11,008 $ 6,414
126 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL COMMON PLEAS GRANTS FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 952,308 $ 955,988 $ 1,077,925 $ 121,937 Intergovernmental 527,059 530,249 674,042 143,793 Other 100 100 463 363 Total Revenues 1,479,467 1,486,337 1,752,430 266,093
EXPENDITURES: Public Safety Law Library Personal Services 122,535 122,535 119,327 3,208 Contractual Services 100 100 100 Materials and Supplies 1,100 2,100 1,416 684 Capital Outlay 1,100 1,475 1,406 69 Other 215,014 213,639 171,951 41,688 Total - Law Library 339,849 339,849 294,100 45,749
Common Pleas Court Personal Services 773,738 917,049 644,341 272,708 Contractual Services 78,424 93,860 55,899 37,961 Materials and Supplies 54,288 64,248 29,727 34,521 Capital Outlay 50,544 54,544 26,131 28,413 Other 120,250 136,152 72,642 63,510 Total - Common Pleas Court 1,077,244 1,265,853 828,740 437,113
Probate Court Personal Services 9,005 14,235 13,378 857 Contractual Services 5,025 210,535 187,719 22,816 Materials and Supplies 1,908 1,908 1,016 892 Capital Outlay 3,145 3,145 2,693 452 Other 4,600 4,600 3,316 1,284 Total - Probate Court 23,683 234,423 208,122 26,301
Clerk of Courts Contractual Services 9,494 9,494 Materials and Supplies 53,364 43,870 43,870 Total - Clerk of Courts 53,364 53,364 9,494 43,870
Domestic Relations Court Personal Services 109,000 109,005 106,866 2,139 Contractual Services 5,000 5,000 3,600 1,400 Materials and Supplies 500 500 500 Capital Outlay 4,600 4,595 4,595 Other 1,000 1,000 1,000 Total - Domestic Relations Court 120,100 120,100 110,466 9,634
Total Expenditures 1,614,240 2,013,589 1,450,922 562,667
Excess of Revenues Over (Under) Expenditures (134,773) (527,252) 301,508 828,760
OTHER FINANCING SOURCES AND USES: Advances In 53,000 53,000 (53,000) Total Other Financing Sources and Uses 53,000 53,000 (53,000)
Net Change in Fund Balance (81,773) (474,252) 301,508 775,760
Fund Balance (Deficit) at Beginning of Year 1,667,444 1,667,444 1,667,444
Prior Year Encumbrances Appropriated 17,241 17,241 17,241
Fund Balance (Deficit) at End of Year $ 1,602,912 $ 1,210,433 $ 1,986,193 $ 775,760
127 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL FAMILY AND CHILDREN FIRST COUNCIL FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 4,000 $ 4,000 $ 7,394 $ 3,394 Intergovernmental 288,382 300,394 255,221 (45,173) Other 47,800 47,800 Total Revenues 292,382 304,394 310,415 6,021
EXPENDITURES: Human Services Family Children First Council Personal Services 98,797 114,660 111,615 3,045 Contractual Services 71 96 82 14 Materials and Supplies 382 382 300 82 Capital Outlay 100 282 182 100 Other 377 6,875 6,581 294 Total - Family Children First Council 99,727 122,295 118,760 3,535
Family Relation Services Personal Services 109,978 109,978 92,824 17,154 Contractual Services 35 35 35 Materials and Supplies 300 300 7 293 Other 1,012 1,300 609 691 Total - Family Relation Services 111,325 111,613 93,475 18,138
Parent Support Personal Services 27,795 48,698 44,491 4,207 Contractual Services 2,330 2,235 569 1,666 Materials and Supplies 200 850 512 338 Other 710 1,282 555 727 Total - Parent Support 31,035 53,065 46,127 6,938
FFR Visitation Center Personal Services 175,172 191,109 137,802 53,307 Contractual Services 59,334 49,819 28,753 21,066 Materials and Supplies 3,634 5,434 4,613 821 Capital Outlay 1,925 11,904 10,182 1,722 Other 2,395 3,849 3,203 646 Total - FFR Visitation Center 242,460 262,115 184,553 77,562
Total Expenditures 484,547 549,088 442,915 106,173
Excess of Revenues Over (Under) Expenditures (192,165) (244,694) (132,500) 112,194
OTHER FINANCING SOURCES AND USES: Transfers In 179,500 179,500 199,511 20,011 Advances In 25,000 40,500 42,500 2,000 Advances Out (65,500) (45,500) 20,000 Total Other Financing Sources and Uses 204,500 154,500 196,511 42,011
Net Change in Fund Balance 12,335 (90,194) 64,011 154,205
Fund Balance (Deficit) at Beginning of Year 105,078 105,078 105,078
Prior Year Encumbrances Appropriated 745 745 745
Fund Balance (Deficit) at End of Year $ 118,158 $ 15,629 $ 169,834 $ 154,205
128 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL EMERGENCY MANAGEMENT GRANTS FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Intergovernmental $ 102,392 $ 102,392 $ 111,241 $ 8,849 Total Revenues 102,392 102,392 111,241 8,849
EXPENDITURES: Public Safety Emergency Management Agency Personal Services 90,120 90,128 89,409 719 Contractual Services 21,173 28,165 26,926 1,239 Materials and Supplies 2,000 2,750 2,451 299 Capital Outlay 3,000 3,000 3,000 Other 9,100 1,350 1,350 Total - Emergency Management Agency 125,393 125,393 118,786 6,607
Total Expenditures 125,393 125,393 118,786 6,607
Excess of Revenues Over (Under) Expenditures (23,001) (23,001) (7,545) 15,456
OTHER FINANCING SOURCES AND USES: Transfers In 29,083 29,083 29,083 Total Other Financing Sources and Uses 29,083 29,083 29,083
Net Change in Fund Balance 6,082 6,082 21,538 15,456
Fund Balance (Deficit) at Beginning of Year 78,552 78,552 78,552
Prior Year Encumbrances Appropriated 623 623 623
Fund Balance (Deficit) at End of Year $ 85,257 $ 85,257 $ 100,713 $ 15,456
129 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL CONCEALED HANDGUN LICENSE FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Licenses and Permits $ 180,000 $ 280,000 $ 266,892 $ (13,108) Other 200 200 (200) Total Revenues 180,200 280,200 266,892 (13,308)
EXPENDITURES: Public Safety Sheriff - Administration Personal Services 51,122 87,363 46,066 41,297 Contractual Services 68,775 239,216 133,371 105,845 Materials and Supplies 20,519 28,897 6,467 22,430 Capital Outlay 22,130 42,619 4,090 38,529 Other 13,671 34,505 22,294 12,211 Total - Sheriff - Administration 176,217 432,600 212,288 220,312
Total Expenditures 176,217 432,600 212,288 220,312
Net Change in Fund Balance 3,983 (152,400) 54,604 207,004
Fund Balance (Deficit) at Beginning of Year 175,017 175,017 175,017
Prior Year Encumbrances Appropriated 1,200 1,200 1,200
Fund Balance (Deficit) at End of Year $ 180,200 $ 23,817 $ 230,821 $ 207,004
130 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL COUNCIL ON AGING FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Taxes $ 4,865,500 $ 4,977,470 $ 4,977,470 Intergovernmental 481,500 481,747 481,747 Total Revenues 5,347,000 5,459,217 5,459,217
EXPENDITURES: Human Services Political Subdivisions Contractual Services 68,900 31,283 31,283 Other 5,231,100 5,427,934 5,427,934 Total - Political Subdivisions 5,300,000 5,459,217 5,459,217
Total Expenditures 5,300,000 5,459,217 5,459,217
Net Change in Fund Balance 47,000
Fund Balance (Deficit) at Beginning of Year
Fund Balance (Deficit) at End of Year $ 47,000
131 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL ROAD ASSESSMENT DEBT SERVICE FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Special Assessments $ 50 $ 23 $ (27) Total Revenues 50 23 (27)
Net Change in Fund Balance 50 23 (27)
Fund Balance (Deficit) at Beginning of Year 9,847 9,847 9,847
Fund Balance (Deficit) at End of Year $ 9,847 $ 9,897 $ 9,870 $ (27)
132 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL VARIOUS PURPOSE LONG-TERM OBLIGATION BONDS FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
EXPENDITURES: Debt Service: Principal Retirement $ 470,000 $ 470,000 $ 470,000 Interest and Fiscal Charges 532,566 532,564 532,564
Total Expenditures 1,002,566 1,002,564 1,002,564
Excess of Revenues Over (Under) Expenditures (1,002,566) (1,002,564) (1,002,564)
OTHER FINANCING SOURCES AND USES: Transfers In 1,002,566 1,002,566 1,176,067 173,501 Transfers Out (10,520) (10,520) 10,520 Total Other Financing Sources and Uses 992,046 992,046 1,176,067 184,021
Net Change in Fund Balance (10,520) (10,518) 173,503 184,021
Fund Balance (Deficit) at Beginning of Year 972,880 972,880 972,880
Fund Balance (Deficit) at End of Year $ 962,360 $ 962,362 $ 1,146,383 $ 184,021
133 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL TAX INCENTIVE PROJECT DEBT FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Taxes $ 246,000 $ 246,000 $ 280,919 $ 34,919 Intergovernmental 444,438 444,438 466,660 22,222 Total Revenues 690,438 690,438 747,579 57,141
EXPENDITURES: Legislative and Executive Commissioners Contractual Services 28,750 27,864 886 Total - Commissioners 28,750 27,864 886
Debt Service Principal Retirement 600,000 600,000 600,000 Interest and Fiscal Charges 350,351 350,351 350,341 10 Total - Debt Service 950,351 950,351 950,341 10
Total Expenditures 950,351 979,101 978,205 896
Excess of Revenues Over (Under) Expenditures (259,913) (288,663) (230,626) 58,037
OTHER FINANCING SOURCES AND USES: Transfers In 835,816 835,816 304,566 (531,250) Transfers Out (549,000) (544,500) 544,500 Total Other Financing Sources and Uses 286,816 291,316 304,566 13,250
Net Change in Fund Balance 26,903 2,653 73,940 71,287
Fund Balance (Deficit) at Beginning of Year 634,752 634,752 634,752
Fund Balance (Deficit) at End of Year $ 661,655 $ 637,405 $ 708,692 $ 71,287
134 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL BUILDING ROAD AND CONSTRUCTION FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Interest $ 80,000 $ 80,000 $ 78,706 $ (1,294) Other 23,000 23,000 45,787 22,787 Total Revenues 103,000 103,000 124,493 21,493
EXPENDITURES: Community and Economic Development Commissioners Contractual Services 2,400 1,017 250 767 Capital Outlay 1,500,000 1,592,570 92,570 1,500,000 Total - Commissioners 1,502,400 1,593,587 92,820 1,500,767
Debt Service Principal Retirement 110,000 110,000 110,000 Interest and Fiscal Charges 1,368 2,751 1,387 1,364 Total - Debt Service 111,368 112,751 111,387 1,364
Total Expenditures 1,613,768 1,706,338 204,207 1,502,131
Excess of Revenues Over (Under) Expenditures (1,510,768) (1,603,338) (79,714) 1,523,624
OTHER FINANCING SOURCES AND USES: Transfers In 1,500,000 1,500,000 500,455 (999,545) Notes Issued 87,000 87,000 95,000 8,000 Transfers Out (80,000) (78,706) (78,706) Total Other Financing Sources and Uses 1,507,000 1,508,294 516,749 (991,545)
Net Change in Fund Balance (3,768) (95,044) 437,035 532,079
Fund Balance (Deficit) at Beginning of Year 1,752,331 1,752,331 1,752,331
Prior Year Encumbrances Appropriated 4 4 4
Fund Balance (Deficit) at End of Year $ 1,748,567 $ 1,657,291 $ 2,189,370 $ 532,079
135 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL CHASE STEWART TRUST FOR THE YEAR ENDED DECEMBER 31, 2016
Variance with Final Budget - Budgeted Amounts Actual Positive Original Final Amounts (Negative)
REVENUES: Interest 400 400 465 65 Total Revenues 400 400 465 65
EXPENDITURES: General Government: Trust Funds Other 15,979 15,979 1,868 14,111 Total - Trust Funds 15,979 15,979 1,868 14,111
Total Expenditures 15,979 15,979 1,868 14,111
Net Change in Fund Balance (15,579) (15,579) (1,403) 14,176
Fund Balance (Deficit) at Beginning of Year 87,999 87,999 87,999
Fund Balance (Deficit) at End of Year 72,420 72,420 86,596 14,176
136 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL WATER FOR THE YEAR ENDED DEC(MBER 31, 2016
Variance with Final Budgeted Amounts Actual Budget - Positive Original Final Amounts (Negative) REVENUES: Charges for Services $ 9,795,000 $ 9,795,000 $ 10,723,496 $ 928,496 Intergovernmental 211,215 211,215 Special Assessments 145,866 147,486 149,442 1,956 Interest 45,000 45,000 56,965 11,965 Other 220,000 220,000 260,156 40,156 Total Revenues 10,205,866 10,207,486 11,401,274 1,193,788
EXPENDITURES: Public Works: Sanitary Engineer: Personal Services 2,599,194 2,599,194 2,176,791 422,403 Contractual Services 1,491,608 1,493,786 1,068,620 425,166 Materials and Supplies 2,614,927 2,636,419 2,392,104 244,315 Capital Outlay 3,470,850 3,385,315 1,272,468 2,112,847 Other 87,184 125,014 98,872 26,142 Debt Service: Principal Retirement 9,322,118 9,272,118 8,462,499 809,619 Interest and Fiscal Charges 1,396,909 1,440,269 1,279,983 160,286 Total Sanitary Engineer: 20,982,790 20,952,115 16,751,337 4,200,778
Total Expenditures 20,982,790 20,952,115 16,751,337 4,200,778
Excess of Revenues Over (Under) Expenditures (10,776,924) (10,744,629) (5,350,063) 5,394,566
OTHER FINANCING SOURCES AND USES: Sale of Capital Assets 515 515 Advances In 1,000 1,000 (1,000) General Obligation Bonds Issued 6,300,000 6,300,000 5,756,895 (543,105) Bond $QWLFLSDWLRQ Notes Issued 1,940,000 1,940,000 1,992,530 52,530 Advances Out (9,000) 9,000 Transfers In 3,962,093 3,966,943 10,781 (3,956,162) Transfers Out (3,252,953) (3,257,803) 3,257,803 Total Other Financing Sources and Uses 8,950,140 8,941,140 7,760,721 (1,180,419)
Net Change in Fund Balance (1,826,784) (1,803,489) 2,410,658 4,214,147
Fund Balance (Deficit) at Beginning of Year 12,144,334 12,144,334 12,144,334
Prior Year Encumbrances Appropriated 688,742 688,742 688,742
Fund Balance (Deficit) at End of Year $ 11,006,292 $ 11,029,587 $ 15,243,734 $ 4,214,147
137 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL SEWER FOR THE YEAR ENDED DEC(MBER 31, 2016
Variance with Final Budgeted Amounts Actual Budget - Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 19,720,000 $ 19,720,000 $ 20,269,406 $ 549,406 Intergovernmental 154,109 154,109 Special Assessments 372,502 372,882 349,424 (23,458) Other 375,000 375,000 375,448 448 Total Revenues 20,467,502 20,467,882 21,148,387 680,505
EXPENDITURES: Public Works: Sanitary Engineer: Personal Services 3,031,399 3,031,399 2,644,192 387,207 Contractual Services 2,929,983 2,891,212 2,016,258 874,954 Materials and Supplies 2,836,331 2,701,142 2,401,267 299,875 Capital Outlay 1,522,080 1,638,058 1,120,491 517,567 Other 116,253 134,410 78,539 55,871 Debt Service: Principal Retirement 9,195,087 9,446,058 9,435,700 10,358 Interest and Fiscal Charges 3,846,837 3,595,866 3,565,117 30,749 Total Sanitary Engineer 23,477,970 23,438,145 21,261,564 2,176,581
Total Expenditures 23,477,970 23,438,145 21,261,564 2,176,581
Excess of Revenues Over (Under) Expenditures (3,010,468) (2,970,263) (113,177) 2,857,086
OTHER FINANCING SOURCES AND USES: Sale of Capital Assets 4,866 4,866 Bond Anticipation Notes Issued 480,000 870,000 864,914 (5,086) Transfers In 8,532,879 8,532,879 25,145 (8,507,734) Transfers Out (8,557,878) (8,558,645) 8,558,645 Total Other Financing Sources and Uses 455,001 844,234 894,925 50,691
Net Change in Fund Balance (2,555,467) (2,126,029) 781,748 2,907,777
Fund Balance (Deficit) at Beginning of Year 11,935,652 11,935,652 11,935,652
Prior Year Encumbrances Appropriated 1,117,795 1,117,795 1,117,795
Fund Balance (Deficit) at End of Year $ 10,497,980 $ 10,927,418 $ 13,835,195 $ 2,907,777
138 GREENE COUNTY, OHIO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET (NON-GAAP BASIS) AND ACTUAL COUNTY HEALTH CARE FOR THE YEAR ENDED DECMBER 31, 2016
Variance with Final Budgeted Amounts Actual Budget - Positive Original Final Amounts (Negative)
REVENUES: Charges for Services $ 14,661,000 $ 14,661,000 $ 13,838,669 $ (822,331) Other 457,000 550,768 769,729 218,961 Total Revenues 15,118,000 15,211,768 14,608,398 (603,370)
EXPENDITURES: Personal Services 803,000 1,328,000 1,327,950 50 Contractual Services 14,315,000 18,341,188 18,000,902 340,286
Total Expenditures 15,118,000 19,669,188 19,328,852 340,336
Excess of Revenues Over (Under) Expenditures (4,457,420) (4,720,454) (263,034)
OTHER FINANCING SOURCES AND USES: Advances In 200,000 Transfers In 553 600,553 600,633 80 Advances Out (200,000) Total Other Financing Sources and Uses 553 600,553 600,633 80
Net Change in Fund Balance 553 (3,856,867) (4,119,821) (262,954)
Fund Balance (Deficit) at Beginning of Year 8,701,445 8,701,445 8,701,445
Fund Balance (Deficit) at End of Year $ 8,701,998 $ 4,844,578 $ 4,581,624 $ (262,954)
139 GREENE COUNTY, OHIO COMBINING SCHEDULE OF CHANGES IN ASSETS AND LIABILITIES - ALL AGENCY FUNDS FOR THE YEAR ENDED DECEMBER 31, 2016
Balance Balance 12/31/2015 Additions Deductions 12/31/2016
PAYROLL AGENCY ASSETS: Equity in Pooled Cash and Cash Equivalents $ 1,791 $ 7,902 $ 8,817 $ 876
LIABILITIES: Payroll Withholdings $ 1,791 $ 7,902 $ 8,817 $ 876
UNDIVIDED TAX AGENCY ASSETS: Equity in Pooled Cash and Cash Equivalents $ 9,355,230 $ 268,260,017 $ 267,975,882 $ 9,639,365 Taxes Levied for Other Governments 211,384,318 222,247,190 211,384,318 222,247,190 Total Assets $ 220,739,548 $ 490,507,207 $ 479,360,200 $ 231,886,555
LIABILITIES: Due to Other Governments $ 207,492,083 $ 416,694,634 $ 405,784,369 $ 218,402,348 Due to Other Funds 48,595,641 48,595,641 Other Liabilities 13,247,465 25,216,932 24,980,190 13,484,207 Total Liabilities $ 220,739,548 $ 490,507,207 $ 479,360,200 $ 231,886,555
OTHER AGENCY ASSETS: Cash and Cash Equivalents in Segregated Accounts $ 2,900,095 $ 27,476,272 $ 27,463,536 $ 2,912,831
LIABILITIES: Other Liabilities $ 2,900,095 $ 27,476,272 $ 27,463,536 $ 2,912,831
POLITICAL SUBDIVISION AGENCY ASSETS: Equity in Pooled Cash and Cash Equivalents $ 7,793,079 $ 229,731,851 $ 227,039,039 $ 10,485,891
LIABILITIES: Due to Other Governments $ 7,793,079 $ 229,731,851 $ 227,039,039 $ 10,485,891
TOTALS ASSETS: Equity in Pooled Cash and Cash Equivalents $ 17,150,100 $ 497,999,770 $ 495,023,738 $ 20,126,132 Cash and Cash Equivalents in Segregated Accounts 2,900,095 27,476,272 27,463,536 2,912,831 Taxes Receivable 211,384,318 222,247,190 211,384,318 222,247,190 Total Assets $ 231,434,513 $ 747,723,232 $ 733,871,592 $ 245,286,153
LIABILITIES: Due to Other Governments $ 215,285,162 $ 646,426,485 $ 632,823,408 $ 228,888,239 Due to Other Funds 48,595,641 48,595,641 Payroll Withholdings 1,791 7,902 8,817 876 Other Liabilities 16,147,560 52,693,204 52,443,726 16,397,038 Total Liabilities $ 231,434,513 $ 747,723,232 $ 733,871,592 $ 245,286,153
140 GREENE COUNTY, OHIO CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS COMPARATIVE SCHEDULES BY SOURCE DECEMBER 31, 2016
Governmental funds capital assets: Land...... $ 2,451,528 Buildings, Structures & Improvements...... 41,617,584 Equipment, Furniture and Fixtures…………………………………. 12,896,022 Infrastructure………………………………………………………. 131,337,294
Total governmental funds capital assets…………………………………$ 188,302,428
Investment in governmental funds capital assets by source: General Fund...... $ 41,788,573 Special Revenue Funds...... 146,513,855
Total governmental funds capital assets…………………………$ 188,302,428
141 CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS SCHEDULE BY FUNCTION AND ACTIVITY DECEMBER 31, 2016
Buildings, Furniture, Structures and Fixtures and Construction Function and Activity Land Improvements Equipment Infrastructure in Progress Total
General Government Legislative and Executive Commissioners...... $ - $ 3,800,000 $ 29,735 $ - $ - $ 3,829,735 Auditor...... - - 342,355 - - 342,355 Data Processing...... - - 302,522 - - 302,522 Building Maintenance…………………… - - 648,829 - - 648,829 Other Legislative and Executive...... - - 999,269 999,269 Land & Buildings...... 1,058,004 7,079,248 - - - 8,137,252 Judicial Common Pleas Court...... - - 307,270 - - 307,270 Probate Court...... - - 60,407 - - 60,407 Clerk of Courts...... - - 56,840 - - 56,840 Juvenile Court……………………………… - - 211,065 - - 211,065 Other Judicial……………………………… - - 119,694 - - 119,694 Land & Buildings...... 25,920 6,176,782 - - - 6,202,702 Total General Government...... 1,083,924 17,056,030 3,077,986 - - 21,217,940
Public Safety Coroner...... - - 102,845 - - 102,845 Sheriff...... - - 1,525,726 - - 1,525,726 Adult Probation...... - - 57,688 - - 57,688 Building Inspection...... - - 140,518 - - 140,518 Ace Task Force……………………………… - - 10,000 - - 10,000 Juvenile Detention…………………………… - - 76,927 - 76,927 Emergency Management…………………… - - 35,228 - - 35,228 Land & Buildings...... 5,910 15,900,882 - - - 15,906,792 Total Public Safety...... 5,910 15,900,882 1,948,932 - - 17,855,724
Public Works Engineer and Highways...... - - 4,600,643 131,337,294 - 135,937,937 WAN Group…………………………………… - - 438,048 - - 438,048 Garbage & Refuse…………………………… - - 496,274 - - 496,274 Land & Buildings...... 23,867 2,657,379 - - - 2,681,246 Total Public Works...... 23,867 2,657,379 5,534,965 131,337,294 - 139,553,505
Health Animal Control...... - - 100,694 - 100,694 Developmental Disabilities...... - - 536,449 - - 536,449 Land & Buildings...... 51,270 2,284,873 - - - 2,336,143 Total Health...... 51,270 2,284,873 637,143 - - 2,973,286
Human Services County Home...... - - 111,489 - - 111,489 Children Services...... - - 215,241 - - 215,241 Public Assistance...... - - 114,149 - - 114,149 Veterans Service Commission……………… - - 91,371 - - 91,371 Land & Buildings...... 426,710 2,073,636 - - - 2,500,346 Total Human Services...... 426,710 2,073,636 532,250 - - 3,032,596
Community and Economic Development Convention & Visitors Bureau...... - - 82,863 - - 82,863 Department of Development...... - - 16,950 - - 16,950 Land & Buildings...... 121,030 1,279,994 - - - 1,401,024 Total Community & Economic Development.. 121,030 1,279,994 99,813 - - 1,500,837
Conservation & Recreation Recreation & Parks...... - - 1,064,933 - - 1,064,933 Land & Buildings...... 738,817 364,790 - - - 1,103,607 Total Conservation & Recreation...... 738,817 364,790 1,064,933 - - 2,168,540
Total General Capital Assets...... $ 2,451,528 $ 41,617,584 $ 12,896,022 $ 131,337,294 $ - $ 188,302,428
142 GREENE COUNTY, OHIO CAPITAL ASSETS USED IN THE OPERATION OF GOVERNMENTAL FUNDS SCHEDULE OF CHANGES BY FUNCTION AND ACTIVITY FOR THE YEAR ENDED DECEMBER 31, 2016
Governmental Governmental Fund Capital Fund Capital Assets Assets Function and Activity January 1, 2016 Additions Deductions December 31, 2016
General Government Legislative and Executive Commissioners...... $ 3,829,735 $ 3,829,735 Auditor...... 342,355 342,355 Data Processing...... 308,464 36,330 42,271 302,523 Building Maintenance………………………………… 624,834 23,995 648,829 Other Legislative and Executive...... 866,085 141,378 8,194 999,269 Land & Buildings...... 8,137,251 8,137,251 Judicial Common Pleas Court...... 319,065 11,795 307,270 Probate Court...... 60,407 60,407 Clerk of Courts...... 83,145 26,305 56,840 Juvenile Court………………………………………… 211,263 38,141 38,339 211,065 Other Judicial………………………………………. 440,863 321,169 119,694 Land & Buildings...... 6,202,702 6,202,702 Total General Government...... 21,426,169 239,844 448,073 21,217,940
Public Safety Coroner...... 102,845 102,845 Sheriff...... 1,317,515 255,985 47,774 1,525,726 Adult Probation...... 57,688 57,688 Building Inspection...... 100,19 3 40,325 140,518 Ace Task Force………………………………………… 10,000 10,000 Juvenile Detention……………………………………… 54,636 22,291 76,927 Emergency Management……………………………… 56,521 21,293 35,228 Land & Buildings...... 15,564,332 342,460 15,906,792 Total Public Safety...... 17,263,730 661,061 69,067 17,855,724
Public Works Engineer and Highways...... 135,817,418 940,765 820,246 135,937,937 WAN Group……………………………………………… 438,048 438,048 Environmental Services………………………………… 496,274 496,274 Land & Buildings...... 2,681,246 2,681,246 Total Public Works...... 139,432,986 940,765 820,246 139,553,505
Health Animal Control...... 107,544 6,850 100,694 Developmental Disabilities...... 612,393 75,944 536,449 Land & Buildings...... 2,336,143 2,336,143 Total Health...... 3,056,080 - 82,794 2,973,286
Human Services County Home...... 111,489 111,489 Children Services...... 215,241 215,241 Public Assistance...... 114,149 114,149 Veterans Service Commission………………………… 73,532 17,839 91,371 Land & Buildings...... 2,500,346 2,500,346 Total Human Services...... 3,014,757 17,839 - 3,032,596
Community and Economic Development Convention & Visitor's Bureau...... 82,863 82,863 Department of Development...... 16,950 16,950 Land & Buildings...... 1,401,024 1,401,024 Total Community & Economic Development…………… 1,500,837 - - 1,500,837
Conservation & Recreation Recreation & Parks...... 1,075,771 52,047 62,885 1,064,933 Land & Buildings...... 1,103,607 1,103,607 Total Conservation & Recreation...... 2,179,378 52,047 62,885 2,168,540
Total General Capital Assets...... …… $ 187,873,937 $ 1,911,556 $ 1,483,065 $ 188,302,428
143 THIS PAGE LEFT BLANK INTENTIONALLY
144 STATISTICAL SECTION
Backside of Section Divider GREENE COUNTY, OHIO STATISTICAL SECTION - TABLE OF CONTENTS DECEMBER 31, 2016
This part of the Comprehensive Annual Financial Report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the County's overall financial health.
Contents Page(s)
Financial Trends 14-153
These schedules contain trend information to help the reader understand how the County's financial position has changed over time.
Revenue Capacity 154-159
These schedules contain information to help the reader understand and assess the factors affecting the County's ability to generate its most significant local revenue sources, the property tax and the sales tax.
Debt Capacity 160-165
These schedules present information to help the reader assess the affordability of the County's current levels of outstanding debt and the County's ability to issue additional debt in the future.
Demographic and Economic Information 166-168
These schedules offer economic and demographic indicators to help the reader understand the environment within which the County's financial activities take place and to provide information that facilitates comparisons of financial information over time and among governments.
Operating Information 169-17
These schedules contain service and infrastructure data to help the reader understand how the information in the County's financial report relates to the services the County provides and the activities it performs.
Sources: Unless otherwise noted, the information in these schedules is derived from the comprehensive annual financial reports for the relevant year.
145 Table 1 Greene County, Ohio Net Position by Component Last Ten Fiscal Years (Accrual Basis of Accounting)
2007 2008 2009 2010 Governmental Activities Net investment in capital assets…………………$ 142,736,634 $ 140,718,891 $ 140,712,231 $ 140,844,591 Restricted………………………………………… 47,057,871 46,036,038 47,824,504 52,741,642 Unrestricted……………………………………… (1,349,928) 2,753,295 4,715,085 9,771,616 Total Governmental Activities Net Position…………$ 188,444,577 $ 189,508,224 $ 193,251,820 $ 203,357,849
Business-type Activities Net investment in capital assets…………………$ 77,295,873 $ 83,330,821 $ 90,502,130 $ 85,800,405 Restricted………………………………………… 925,723 3,590,553 3,155,010 3,053,999 Unrestricted……………………………………… 24,445,217 21,666,388 16,664,647 31,620,110 Total Business-type Activities Net Position…………$ 102,666,813 $ 108,587,762 $ 110,321,787 $ 120,474,514
Primary Government Net investment in capital assets…………………$ 220,032,507 $ 224,049,712 $ 231,214,361 $ 226,644,996 Restricted………………………………………… 47,983,594 49,626,591 50,979,514 55,795,641 Unrestricted……………………………………… 23,095,289 24,419,683 21,379,732 41,391,726 Total Primary Government Net Position………………$ 291,111,390 $ 298,095,986 $ 303,573,607 $ 323,832,363
(a) - 2014 net position was restated due to the implementation of GASB 68.
Governmental Activities Net Position
$250
$200
$150
Millions $100
$50
$0
($50) 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Net Investment in Capital Assets Restricted Unrestricted
146 2011 2012 2013 2014(a) 2015 2016
$ 133,362,088 $ 133,455,943 $ 138,857,976 $ 151,976,215 $ 151,517,853 $ 151,356,072 59,398,499 60,329,538 63,196,051 60,982,816 66,057,173 67,801,893 24,578,217 26,860,601 27,325,592 (13,363,553) (9,052,123) (8,616,978) $ 217,338,804 $ 220,646,082 $ 229,379,619 $ 199,595,478 $ 208,522,903 $ 210,540,987
$ 89,510,038 $ 90,885,709 $ 99,567,512 $ 103,660,266 $ 108,197,018 $ 115,363,241 8,580,411 8,606,969 2,643,753 9,531,013 8,630,839 17,311,731 27,284,032 30,419,735 29,461,992 22,099,906 26,832,469 18,738,841 $ 125,374,481 $ 129,912,413 $ 131,673,257 $ 135,291,185 $ 143,660,326 $ 151,413,813
$ 222,872,126 $ 224,341,652 $ 238,425,488 $ 255,636,481 $ 259,714,871 $ 266,719,313 67,978,910 68,936,507 65,839,804 70,513,829 74,688,012 85,113,624 51,862,249 57,280,336 56,787,584 8,736,353 17,780,346 10,121,863 $ 342,713,285 $ 350,558,495 $ 361,052,876 $ 334,886,663 $ 352,183,229 $ 361,954,800
Business-type Activities Net Position
$160
$140
$120
$100
Millions $80
$60
$40
$20
$0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Unrestricted Restricted Net Investment in Capital Assets
147 Table 2 Greene County, Ohio Fund Balances, Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis of Accounting)
2007 2008 2009 2010 (a) General Fund Reserved……………………………………………$ 573,926 $ 387,141 $ 395,983 $ - Unreserved………………………………………… 12,981,409 11,729,032 13,889,891 - Restatements Nonspendable: Due From Other Funds…………………… - - - 105,090 Interfund Receivables……………………… - - - 102,227 Unclaimed Funds………………………….. 423,398 Committed: Other Purposes……………………………… - - - 700,449 Assigned for Encumbrances…………………… - - - - Assigned for Budgetary Resource……………. - Unassigned………………………………………… - - - 17,019,588 Total Fund Balance: General Fund………………… $ 13,555,335 $ 12,116,173 $ 14,285,874 $ 18,350,752
All Other Governmental Funds Reserved……………………………………………$ 4,716,987 $ 4,052,232 $ 3,148,399 $ - Unreserved, Reported In: Special Revenue Funds…………………… 38,510,367 39,469,286 42,638,769 - Debt Service Funds………………………… (9,155,031) (14,875) (210,956) - Capital Project Funds……………………… 220,570 266,153 100,281 - Restatements Nonspendable: Due From Other Funds…………………… - - - 35,820 Interfund Receivables……………………… - - - 37,305 Principal of Trust Funds…………………… - - - 95,306 Restricted: Job and Family Services…………………… - - - 832,262 Developmental Disabilities………………… - - - 21,391,669 Motor Vehicle, Road & Bridge……………… - - - 10,342,188 Childrens Services………………………… - - - 2,020,315 Other Purposes……………………………… - - - 15,260,575 Committed: Adult Day Care Services…………………… - - - 20,515 Parks & Trails Donations…………………… - - - 116,385 County Home………………………………. - Inmate Medical Fees……………………… - - - 12,341 Capital Projects………………………….. - Long Term Debt Obligations……………… - - - 35,720 Unassigned………………………………………… - - - (9,200,248) Total All Other Governmental Funds…………………$ 34,292,893 $ 43,772,796 $ 45,676,493 $ 41,000,153
(a) The change in fund balance equity accounts has occurred due to the implementation of GASB 54 for 2011.
148 2011 (a) 2012 (a) 2013 (a) 2014 (a) 2015 (a) 2016 (a)
$ - $ - $ - $ - $ - $ ------
75,475 121,483 102,503 98,701 76,346 136,481 140,466 105,216 417,834 333,438 438,581 472,883 403,747 332,820 208,727 34,014
2,138,635 - - - - - 2,144,837 1,195,023 1,901,221 725,988 1,122,345 2,825,877 6,793,065 4,747,479 2,950,311 6,790,129 5,666,947 17,720,052 15,824,344 20,998,399 22,768,440 25,743,352 27,461,194 $ 23,335,101 $ 25,497,078 $ 27,552,367 $ 28,469,327 $ 33,877,980 $ 34,284,500
$ - $ - $ - $ - $ - $ -
------
10,245 57,385 2,307 174,842 33,282 - - - 20,000 96,292 92,595 91,493 70,800 70,800 70,800
713,540 1,595,020 491,121 605,347 1,121,770 1,152,750 23,526,374 24,858,755 25,138,814 24,271,828 23,827,962 23,142,051 10,382,724 8,852,854 9,001,740 8,700,977 10,262,367 9,737,869 3,666,694 5,031,948 7,280,512 7,375,169 7,732,767 9,004,035 18,771,554 22,150,887 18,914,850 18,800,498 19,403,984 20,458,428
24,988 16,429 12,688 - 5,780 41,495 150,005 260,200 288,073 384,887 358,751 1,285,620 - 239,586 270,179 34,078 379,952 469,989 13,887 21,118 26,468 13,589 13,828 12,087 - - - 493,722 1,547,890 1,146,387 287,925 461,511 626,437 801,023 972,884 2,011,040 (157,696) - - (3,028) $ 57,486,532 $ 63,638,288 $ 62,144,682 $ 61,743,732 $ 65,732,017 $ 68,532,551
149 Table 3 Greene County, Ohio Changes in Net Position Last Ten Fiscal Years (Accrual Basis of Accounting)
2007 2008 2009 2010 Expenses Governmental Activities Legislative and Executive………………………………………...... $ 18,216,305 $ 19,548,303 $ 16,092,757 $ 15,420,053 Judicial………………………………………………………...... 7,767,052 8,114,030 7,701,317 6,593,506 Public Safety………………………………………………...... 21,030,463 22,210,966 20,986,212 19,782,375 Public Works……………………………………………………...... 8,615,448 10,698,264 12,204,219 10,763,264 Health…………………………………………………………...... 18,670,785 20,792,068 22,225,327 22,770,161 Human Services………………………………………………...... 33,845,797 35,129,875 36,383,980 30,052,565 Conservation and Recreation…………………………………...... 2,890,292 3,333,810 2,850,315 2,514,172 Community and Economic Development…………………...... 1,689,782 1,978,360 2,403,211 2,509,058 Interest and Fiscal Charges……………………………...... 2,732,733 1,659,682 1,319,790 1,150,822 Total Governmental Activities Expenses………………………...... 115,458,657 123,465,358 122,167,128 111,555,976
Business-type Activities Water…………………………………………………………...... 8,562,710 8,603,573 9,010,918 8,846,283 Sewer…………………………………………………………...... 14,141,418 16,768,071 15,522,340 16,717,576 Total Business-type Activities Expenses……………………………...... 22,704,128 25,371,644 24,533,258 25,563,859
Total Primary Government Expenses……………………………...... $ 138,162,785 $ 148,837,002 $ 146,700,386 $ 137,119,835
Program Revenues Governmental Activities Charges for Services Legislative and Executive………………………………………..... $ 6,141,253 $ 6,767,162 $ 5,440,536 $ 6,776,012 Judicial………………………………………………………...... 1,547,823 1,533,601 1,682,074 1,388,756 Public Safety………………………………………………...... 2,553,999 2,688,928 2,272,128 2,591,010 Public Works……………………………………………………...... 1,985,210 1,695,440 1,698,545 1,599,359 Health…………………………………………………………...... 1,452,767 844,363 911,765 915,176 Human Services………………………………………………...... 6,186,681 6,217,525 5,950,115 5,840,508 Conservation and Recreation…………………………………...... 442,941 468,360 292,351 362,520 Community and Economic Development………………………… 11,070 - - - Operating Grants and Contributions……………………...... 36,035,803 40,040,692 43,142,412 35,487,139 Capital Grants and Contributions…………………………………...... 122,157 680,063 1,769,712 795,697 Total Governmental Activities Program Revenues….……………...... 56,479,704 60,936,134 63,159,638 55,756,177
Business-type Activities Charges for Services Water…………………………………………………………...... 9,459,488 9,946,060 8,753,822 9,267,427 Sewer…………………………………………………………...... 16,795,066 16,731,932 15,171,477 15,541,326 Capital Grants and Contributions…………………………………...... 3,796,699 3,425,575 1,681,607 4,079,120 Total Business-type Activities Program Revenues………………………… 30,051,253 30,103,567 25,606,906 28,887,873
Total Primary Government Program Revenues……………………………$ 86,530,957 $ 91,039,701 $ 88,766,544 $ 84,644,050
Net
General Revenues and Other Changes in Net Position Governmental Activities Taxes Real and Personal Property Taxes……………………………..... $ 30,810,503 $ 30,356,293 $ 30,966,235 $ 34,496,922 County Hotel Lodging Taxes…………………………………...... 750,925 864,013 812,572 864,158 Sales Taxes………………………………………………...... 21,106,684 20,947,815 20,558,891 21,090,415 Unrestricted Grants……………………………………………...... 4,960,619 5,186,823 4,589,671 4,842,994 Investment Earnings…………………………………………...... 5,593,457 4,405,699 3,530,073 2,298,235 Other Revenue…………………………………………………………... 2,564,263 2,328,369 2,492,764 1,966,918 Transfers…………………………………………………………...... (545,229) (496,142) (199,120) (89,053) Total Governmental Activities…………………………………………...... 65,241,222 63,592,870 62,751,086 65,470,589
Business-type Activities Investment Earnings…………………………………………...... 158,857 58,264 32,011 50,899 Other Revenue…………………………………………………………... 1,078,898 634,620 429,246 134,071 Transfers…………………………………………………………...... 545,229 496,142 199,120 89,053 Total Business-type Activities…………………………………………...... 1,782,984 1,189,026 660,377 274,023
Total Primary Government…………………………………………………… $ 67,024,206 $ 64,781,896 $ 63,411,463 $ 65,744,612
Change in Net Position Governmental Activities……………………………………………………....$ 6,262,269 $ 1,063,646 $ 3,743,596 $ 9,670,790 Business-type Activities……………………………………………...... 9,130,109 5,920,949 1,734,025 3,598,037 Total Primary Government…………………………………………...... $ 15,392,378 $ 6,984,595 $ 5,477,621 $ 13,268,827
150 2011 2012 2013 2014 2015 2016
$ 14,664,052 $ 15,740,183 $ 16,459,480 $ 16,179,840 $ 16,708,608 $ 21,062,096 6,296,201 7,094,528 7,115,444 7,996,955 8,071,770 8,595,676 20,140,857 21,705,271 19,516,784 21,191,299 20,907,748 23,022,264 9,088,202 9,820,882 8,662,610 9,671,896 8,564,111 9,470,211 22,266,555 23,789,422 23,912,910 26,179,437 25,928,609 25,569,399 26,913,188 25,297,987 21,810,906 25,424,076 26,875,768 29,625,809 2,945,774 2,988,548 4,229,680 3,167,588 3,033,427 3,333,687 2,353,784 1,722,645 2,088,390 1,762,988 1,678,489 1,895,927 1,088,993 1,088,463 1,798,532 1,057,845 940,352 859,118 105,757,606 109,247,929 105,594,736 112,631,924 112,708,882 123,434,187
9,011,065 8,929,982 10,081,321 8,699,215 9,338,165 9,080,292 16,892,606 18,786,322 19,374,602 15,890,356 15,973,054 16,121,099 25,903,671 27,716,304 29,455,923 24,589,571 25,311,219 25,201,391
$ 131,661,277 $ 136,964,233 $ 135,050,659 $ 137,221,495 $ 138,020,101 $ 148,635,578
$ 6,567,900 $ 4,614,166 $ 5,598,656 $ 5,873,400 $ 5,479,066 $ 6,535,020 1,943,036 1,882,639 2,001,833 1,952,005 2,028,410 1,791,453 3,478,013 2,924,024 2,815,668 2,967,040 3,173,005 3,554,754 408,518 1,283,095 235,223 562,501 464,590 447,717 825,250 878,961 850,170 1,046,014 909,566 877,151 5,835,369 5,368,515 4,786,148 4,784,388 5,322,285 5,281,420 1,409,820 321,962 133,094 1,278,254 1,176,745 1,422,609 14,454 31,422 1,618,479 - 5,000 - 31,269,857 32,520,700 28,521,561 31,193,575 30,105,925 30,363,206 767,938 271,939 409,193 869,430 1,277,792 3,235,232 52,520,155 50,097,423 46,970,025 50,526,607 49,942,384 53,508,562
9,608,646 10,592,163 9,529,534 9,929,260 10,131,651 10,602,474 19,957,312 20,531,571 19,694,664 19,926,907 20,145,679 19,917,037 638,470 175,788 477,389 - 2,695,355 1,704,850 30,204,428 31,299,522 29,701,587 29,856,167 32,972,685 32,224,361
$ 82,724,583 $ 81,396,945 $ 76,671,612 $ 80,382,774 $ 82,915,069 $ 85,732,923
$ (53,237,451) $ (59,150,506) $ (58,624,711) $ (62,105,317) $ (62,766,498) $ (69,925,625) 4,300,757 3,583,218 245,664 5,266,596 7,661,466 7,022,970 $ (48,936,694) $ (55,567,288) $ (58,379,047) $ (56,838,721) $ (55,105,032) $ (62,902,655)
$ 35,088,635 $ 34,771,884 $ 36,370,688 $ 35,606,743 $ 37,607,966 $ 38,529,210 933,739 937,708 919,495 1,007,884 987,072 1,080,080 22,005,853 22,576,311 22,962,447 24,606,952 26,351,943 27,322,202 4,504,217 1,702,893 4,753,574 5,552,659 4,571,615 4,844,649 2,332,405 522,613 773,697 1,429,891 1,022,404 (529,963) 2,379,282 1,960,542 1,587,376 525,871 1,172,189 733,457 (25,725) (14,167) (9,029) (18,489) (19,266) (35,926) 67,218,406 62,457,784 67,358,248 68,711,511 71,693,923 71,943,709
46,479 41,186 255,102 59,688 46,997 55,370 527,006 899,361 1,251,049 791,600 641,412 639,221 25,725 14,167 9,029 18,489 19,266 35,926 599,210 954,714 1,515,180 869,777 707,675 730,517
$ 67,817,616 $ 63,412,498 $ 68,873,428 $ 69,581,288 $ 72,401,598 $ 72,674,226
$ 13,980,955 $ 3,307,278 $ 8,733,537 $ 6,606,194 $ 8,927,425 $ 2,018,084 4,899,967 4,537,932 1,760,844 6,136,373 8,369,141 7,753,487 $ 18,880,922 $ 7,845,210 $ 10,494,381 $ 12,742,567 $ 17,296,566 $ 9,771,571
151 Table 4 Greene County, Ohio Changes in Fund Balances, Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis of Accounting)
2007 2008 2009 2010 Revenues Taxes……………………………………………… $ 53,405,966 $ 52,213,192 $ 52,468,981 $ 56,650,368 Charges for Services…………………………… 17,732,324 18,278,082 16,543,739 17,844,783 Licenses & Permits……………………………… 1,056,626 1,093,134 922,208 844,418 Fines & Forfeitures……………………………… 868,644 764,151 750,469 852,639 Intergovernmental Revenues…………………… 40,597,449 45,155,356 48,326,965 41,403,895 Special Assessments…………………………… 122,157 559,380 147,464 596,864 Investment Earnings……………………………… 5,593,457 4,405,699 3,530,073 2,298,235 Other Revenues………………………………… 3,654,600 2,549,466 2,720,331 1,615,882 Total Revenues 123,031,223 125,018,460 125,410,230 122,107,084
Expenditures Legislative and Executive……………………… 17,670,479 18,904,572 15,552,674 15,467,603 Judicial…………………………………………… 7,711,239 7,913,313 7,295,635 6,477,065 Public Safety……………………………………… 20,820,751 21,671,664 19,817,021 19,562,088 Public Works……………………………………… 9,849,589 12,075,893 10,487,084 10,889,926 Health……………………………………………… 18,293,085 20,752,459 21,918,836 22,887,390 Human Services………………………………… 33,726,969 35,221,373 35,765,438 29,820,619 Conservation and Recreation…………………… 2,945,338 3,013,179 2,766,639 3,610,643 Community and Economic Development……… 1,636,908 1,932,316 2,311,887 2,479,520 Capital Outlay…………………………………… 500,356 809,973 1,453,864 150,657 Debt Service: Interest………………….…………………… 2,245,000 3,315,000 1,313,585 1,155,307 Principal……………………………………… 2,634,100 1,635,373 12,250,000 13,207,669 Total Expenditures 118,033,814 127,245,115 130,932,663 125,708,487
Excess Revenue over Expenditures 4,997,409 (2,226,655) (5,522,433) (3,601,403)
Other Financing Sources/(Uses) Proceeds from Sale of Assets…………………… 191,632 21,672 30,736 35,738 Proceeds from Borrowing……………………… 17,625,000 10,840,000 9,747,500 2,928,545 Premium on Borrowing…………………………… - - - - Payments to Escrow Agent……………………… (10,377,898) - - - Inception of Capital Lease……………………… - - - - Transfers In……………………………………… 2,665,057 2,974,959 2,395,971 2,712,752 Transfers Out……………………………………… (3,192,819) (3,453,584) (2,578,376) (2,787,257) Total Other Financing Sources/(Uses)………… 6,910,972 10,383,047 9,595,831 2,889,778
Net Change in Fund Balance……………………$ 11,908,381 $ 8,156,392 $ 4,073,398 $ (711,625)
Capitalized Capital Outlay 1,970,128 2,314,503 890,722 2,267,666
Debt Service as a percentage of noncapital expenditures…………………… 4.2% 4.0% 10.4% 11.6%
152 2011 2012 2013 2014 2015 2016
$ 58,253,201 $ 58,523,364 $ 59,260,270 $ 61,377,625 $ 65,205,640 $ 66,680,972 17,892,322 15,165,075 14,530,413 16,212,150 16,631,500 17,065,917 1,226,449 927,051 1,006,306 998,161 1,096,172 1,283,131 1,288,301 1,113,241 1,003,289 1,009,358 850,672 1,056,794 36,824,373 34,224,265 38,110,961 35,611,393 34,638,050 37,625,248 542,998 459,908 485,386 24,288 41,687 39,716 2,332,405 522,613 627,896 1,585,698 1,137,492 (25,009) 2,124,981 1,458,749 1,309,512 1,113,536 1,124,626 939,305 120,485,030 112,394,266 116,334,033 117,932,209 120,725,839 124,666,074
14,887,283 15,484,808 15,587,210 16,460,861 16,381,211 19,869,072 6,553,419 6,683,577 7,092,786 7,862,119 7,893,029 8,141,179 20,086,813 20,143,735 20,267,224 20,788,104 20,777,839 21,838,544 9,312,649 10,263,349 9,650,762 9,467,492 8,045,639 9,891,384 22,519,725 23,542,942 24,055,646 25,989,182 25,568,931 25,601,103 26,704,785 24,423,754 27,403,752 25,366,982 26,862,969 28,494,895 2,894,778 2,959,379 4,250,209 3,154,220 3,054,014 3,219,330 2,425,559 1,612,409 2,131,577 1,751,522 1,642,555 1,830,124 3,811 919,428 2,530,963 905,955 22,946 92,820
1,070,101 1,133,006 1,005,000 1,083,082 995,000 884,288 580,000 945,000 1,819,796 4,630,000 971,963 1,070,000 107,038,923 108,111,387 115,794,925 117,459,519 112,216,096 120,932,739
13,446,107 4,282,879 539,108 472,690 8,509,743 3,733,335
52,231 347,600 32,569 62,329 635,329 110,278 8,000,000 3,700,000 - - 3,955,000 - - - - 82,913 - - - - (4,015,681) - - - - 249,401 3,060,760 2,308,183 2,307,250 6,874,337 3,247,823 2,587,693 (3,088,637) (2,324,662) (2,317,244) (6,893,346) (3,267,590) (3,224,252) 8,024,354 4,031,121 22,575 43,320 887,195 (526,281)
$ 21,470,461 $ 8,314,000 $ 561,683 $ 516,010 $ 9,396,938 $ 3,207,054
1,557,270 1,794,283 733,044 905,955 873,850 1,590,387
1.6% 1.9% 2.5% 4.9% 1.8% 1.6%
153 Table 5 Greene County, Ohio Tax Revenues by Source, Governmental Funds Last Ten Fiscal Years (Modified Accrual Basis of Accounting)
Tangible General Personal County Hotel Year Property Tax Property Tax Sales Tax Lodging Tax Total 2007 30,521,453 1,049,348 21,106,684 728,481 53,405,966 2008 29,787,905 682,768 20,903,960 838,559 52,213,192 2009 30,919,198 202,640 20,560,495 786,648 52,468,981 2010 34,613,740 107,165 21,129,126 800,337 56,650,368 2011 35,266,373 47,236 22,005,853 933,739 58,253,201 2012 35,009,345 - 22,576,311 937,708 58,523,364 2013 35,408,328 - 22,962,447 919,495 59,290,270 2014 35,762,789 - 24,606,952 1,007,884 61,377,625 2015 37,866,625 - 26,351,943 987,072 65,205,640 2016 38,278,690 - 27,322,202 1,080,080 66,680,972
% Change 2007 to 2016 25.4% -100.0% 29.4% 48.3% 24.9%
Tax Revenue by Source
$45
$40
$35
$30 $25
Millions $20 $15 $10 $5 $0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
General Property Tax Tangible Personal Property Tax
Sales Tax County Hotel Lodging Tax
154 Table 6 Greene County, Ohio Real and Personal Property Tax Revenues by Program Last Ten Fiscal Years (Accrual Basis of Accounting)
Road & General Bridge Community Children's Developmental County Senior Citizen Debt Year Purposes Maintenance Mental Health Services Disabilities Hospital Services Retirement Total 2007 5,821,148 815,213 3,724,976 2,882,471 10,266,939 2,992,041 2,346,728 1,960,987 30,810,503 2008 6,216,680 760,469 3,688,743 2,897,920 10,124,155 2,890,480 2,314,094 1,463,752 30,356,293 2009 7,015,644 731,451 3,682,418 2,937,879 10,110,567 2,836,627 2,317,691 1,333,958 30,966,235 2010 6,380,197 773,571 3,703,899 5,084,830 10,237,552 2,928,690 3,366,905 2,021,278 34,496,922 2011 7,959,255 785,988 3,800,307 5,125,439 10,464,321 2,993,535 3,416,961 542,829 35,088,635 2012 7,694,062 799,754 3,847,493 4,960,635 10,587,915 3,015,202 3,307,089 559,734 34,771,884 2013 8,597,079 829,641 3,992,818 5,145,860 10,986,447 3,142,876 3,430,574 245,393 36,370,688 2014 8,375,989 810,913 3,909,511 5,025,564 10,755,519 3,076,833 3,417,115 235,299 35,606,743 2015 8,498,898 823,454 3,978,443 5,097,926 10,937,836 3,128,956 4,873,450 269,003 37,607,966 2016 8,729,882 842,083 4,074,606 5,211,181 11,191,107 3,201,355 4,998,077 280,919 38,529,210
% Change 2007 to 2016 50.0% 3.3% 9.4% 80.8% 9.0% 7.0% 113.0% -85.7% 25.1% 155
Property Tax Revenues by Levy Type $45 $40 $35 $30 $25 Millions $20 $15 $10 $5 $0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
General Purposes Road & Bridge Maintenance Community Mental Health Children's Services
Developmental Disabilities County Hospital Senior Citizen Services Debt Retirement Table 7 Greene County, Ohio Assessed and Estimated Actual Value of Taxable Property Last Ten Fiscal Years
REAL PROPERTY PERSONAL PROPERTY Total Assessed Value Collection Agricultural & Commercial & Public Utility Tangible Public Utility Total Taxable Direct Tax Estimated Actual as a Percent of Tax Year Year Residential Industrial Real Personal Personal Assessed Value Rate Taxable Value Estimated Actual 2007 2008 2,758,004,630 633,187,460 143,960 96,902,560 83,179,950 3,571,418,560 10.55 11,477,629,531 31.12% 2008 2009 (R) 3,026,466,100 710,479,420 123,890 52,213,522 84,961,320 3,874,244,252 10.55 11,755,504,152 32.96% 2009 2010 3,049,208,420 730,255,900 138,020 7,148,080 84,451,610 3,871,202,030 11.25 11,154,523,423 34.71% 2010 2011 3,070,205,500 757,809,390 135,620 3,639,580 98,442,280 3,930,232,370 11.25 11,277,069,823 34.85% 2011 2012 (T) 2,956,950,430 722,866,020 141,160 - 100,504,090 3,780,461,700 11.25 10,801,319,143 35.00% 2012 2013 2,975,934,990 755,893,700 160,930 - 116,786,770 3,848,776,390 11.25 10,996,503,971 35.00% 2013 2014 2,990,547,140 731,313,600 172,490 - 111,517,520 3,833,550,750 11.25 10,953,002,143 35.00% 2014 2015 (R) 3,005,227,990 749,246,430 181,320 - 114,838,370 3,869,494,110 11.65 11,055,697,457 35.00% 2015 2016 3,024,738,940 743,323,960 171,920 - 119,157,070 3,887,391,890 11.65 11,106,833,971 35.00% 2016 2017 3,052,793,470 772,093,970 895,040 - 125,148,730 3,950,931,210 11.65 11,288,374,886 35.00%
Source: Greene County Auditor's Office
(R) - Real property is reappraised every six years (T) - State mandated update of the current market value in the third year following each reappraisal
The assessed value of real property (including public utility real property) is 35 percent of estimated true value. Personal property tax is assessed on all tangible personal property used in business in Ohio. The assessed value of public utility personal property ranges from 25 percent of true value for railroad property to 88 percent for electric transmission and distribution property. The general business tangible personal property tax was phased out in 2006. The value derived from the listing percentage multiplied by the applicable rates, generated the property tax revenue billed in that year. 156
Assessed Value by Property Class
$4,500
$4,000
$3,500
$3,000
$2,500 Millions $2,000
$1,500
$1,000
$500
$0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Tax Year
Agricultural & Residential Commercial & Industrial Public Utility Real Tangible Personal Public Utility Personal Table 8 Greene County, Ohio Property Tax Levies and Collections - Real, Utility and Tangible Taxes Last Ten Fiscal Years
Delinquent Total Current Taxes Taxes Collection as a Collected as a Delinquent Collected as a Percentage of Collection Current Taxes Current Taxes Percent of Deliquent Taxes Total Taxes Percent of Total Taxes Accumulated Tax Year Year Levied Collected Taxes Levied Taxes Levied Collected Collected Total Taxes Levied Delinquencies 2006 2007 37,755,126 37,280,941 98.74% 1,755,180 1,157,898 38,438,839 3.01% 97.29% 2,469,611 2007 2008 39,781,641 38,726,607 97.35% 1,852,467 1,270,232 39,996,839 3.18% 96.07% 2,234,706 2008 2009 40,624,758 38,879,893 95.70% 1,809,813 1,107,065 39,986,958 2.77% 94.23% 2,382,155 2009 2010 44,844,805 43,125,211 96.17% 2,288,164 1,386,244 44,511,455 3.11% 94.44% 2,541,247 2010 2011 45,569,584 43,855,975 96.24% 2,516,194 1,444,645 45,300,620 3.19% 94.21% 2,619,926 2011 2012 46,167,308 44,397,519 96.17% 2,613,999 1,660,599 46,058,118 3.61% 94.42% 2,794,616 2012 2013 47,054,213 45,190,730 96.04% 2,236,146 1,364,876 46,555,606 2.93% 94.45% 1,950,761 2013 2014 46,915,635 45,531,386 97.05% 2,194,419 1,206,440 46,737,826 2.58% 95.17% 1,920,871 2014 2015 48,956,097 47,366,079 96.75% 1,920,871 1,162,076 48,528,155 2.39% 95.38% 2,292,054 2015 2016 50,396,617 48,919,627 97.07% 2,292,054 1,881,659 50,801,286 3.70% 96.42% 2,379,210
157 Source: Greene County Auditor's Office
Property Taxes Levied and Collected $60
$50
$40 Millions $30
$20
$10
$0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Collection Year
Current Taxes Levied Current Taxes Collected Accumulated Delinquencies Table 9 Greene County, Ohio Property Tax Rates - Direct and Overlapping Governments (Per $1000 of Assessed Value) Last Ten Fiscal Years
County Units: 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Bridge...... 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 Children Services...... 1.000 1.000 1.500 1.500 1.500 1.500 1.500 1.500 1.500 1.500 Community Mental Health...... 1.500 1.500 1.500 1.500 1.500 1.500 1.500 1.500 1.500 1.500 General...... 2.020 2.100 1.900 2.330 2.330 2.330 2.330 2.330 2.330 2.330 Hospital Operating...... 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Development Disabilities...... 3.500 3.500 3.500 3.500 3.500 3.500 3.500 3.500 3.500 3.500 Note Retirement...... 0.480 0.400 0.600 0.170 0.170 0.170 0.170 0.170 0.170 0.170 Senior Council on Aging……………… 0.800 0.800 1.000 1.000 1.000 1.000 1.000 1.400 1.400 1.400
Total Rates...... 10.550 10.550 11.250 11.250 11.250 11.250 11.250 11.650 11.650 11.650
School Districts: Beavercreek City...... 46.400 48.850 48.200 48.000 48.900 48.850 55.100 54.900 54.150 54.150 Cedar Cliff Local...... 35.800 35.400 43.900 42.700 41.700 41.600 42.700 42.200 40.200 40.200 Fairborn City...... 52.500 51.900 51.800 51.900 52.650 52.500 52.500 52.650 52.650 52.650 Greene County Career Center...... 3.450 3.450 3.450 3.450 3.450 3.450 3.450 3.450 3.450 3.450 Greeneview Local...... 34.450 34.550 33.550 33.450 33.350 33.300 33.250 32.650 32.750 32.750 Sugarcreek Local...... 68.700 68.500 67.100 67.100 67.650 67.650 66.800 68.200 66.900 66.900 Xenia Community...... 43.900 43.100 43.500 43.400 43.900 46.800 46.800 47.250 47.750 47.750 Yellow Springs Exempted...... 64.700 63.700 63.800 63.900 63.700 70.950 70.950 70.600 71.000 71.000
Out-of-County School Districts: Clark County JVS...... 3.000 3.000 3.000 3.000 3.000 3.000 3.000 3.000 3.000 3.000 Clinton Massie Local...... 36.810 34.000 31.250 31.250 30.750 30.250 30.250 30.250 30.000 30.000 Great Oaks Vocational...... 2.700 2.700 2.700 2.700 2.700 2.700 2.700 2.700 2.700 2.700 Southeastern Local...... 41.955 41.860 41.830 41.540 41.470 41.390 41.390 40.600 40.610 40.610 Warren County JVS...... 4.500 4.500 4.500 4.500 4.500 4.500 4.500 4.500 4.500 4.500 Wayne Local...... 46.680 39.380 49.530 50.940 51.130 52.180 52.180 53.440 53.440 53.440 Wilmington City...... 27.900 27.900 27.700 27.700 28.200 26.375 26.375 26.300 26.300 26.300
Corporations: Beavercreek City...... 13.100 13.100 13.100 12.950 14.100 14.100 14.100 17.800 17.800 17.800 Bellbrook City...... 17.500 17.500 19.500 19.500 19.500 19.500 19.500 19.500 19.500 19.500 Bowersville Village...... 8.400 8.400 8.400 8.400 8.400 8.400 8.400 8.400 8.400 8.400 Cedarville Village...... 5.050 5.050 5.050 5.050 5.050 5.050 5.050 5.050 5.050 5.050 Centerville City...... 1.500 1.500 1.500 1.500 1.500 1.500 1.500 1.500 1.500 1.500 Clifton Village...... 9.000 9.000 9.000 9.000 9.000 9.000 9.000 9.000 11.000 11.000 Fairborn City...... 9.480 9.500 9.500 9.450 11.300 11.300 11.300 11.300 11.300 11.300 Jamestown Village...... 15.400 15.400 15.400 18.900 18.900 18.900 20.700 20.700 20.700 20.700 Kettering City...... 6.800 6.790 6.790 6.790 6.790 6.790 6.790 6.790 6.790 6.790 Spring Valley Village...... 13.700 13.700 13.700 13.700 13.700 13.700 13.700 13.700 13.700 13.700 Xenia City...... 6.700 6.700 6.700 6.700 6.700 6.700 6.700 6.700 6.700 6.700 Yellow Spring Village...... 11.000 11.000 11.000 11.000 11.000 11.000 11.000 11.000 11.000 11.000
Townships: Bath...... 13.600 13.600 13.600 9.900 9.900 9.900 9.900 9.900 9.900 9.900 Beavercreek...... 16.550 16.550 16.550 16.550 16.550 16.550 14.550 14.550 14.950 14.950 Caesarcreek...... 4.600 6.600 6.600 6.600 6.600 6.600 6.600 6.600 6.600 6.600 Cedarville...... 9.900 9.900 9.900 9.900 9.900 9.900 9.900 9.900 9.900 9.900 Jefferson...... 5.600 5.600 5.600 5.600 5.600 5.600 6.600 9.600 9.600 9.600 Miami...... 6.800 6.800 6.800 5.900 5.900 5.900 5.900 5.900 5.900 5.900 New Jasper...... 7.700 6.200 6.200 6.200 6.200 6.200 7.700 7.700 7.700 7.700 Ross...... 6.700 6.700 6.700 6.700 6.700 6.700 6.700 6.700 6.700 6.700 Silvercreek...... 6.400 6.400 6.400 6.400 6.400 6.400 6.400 6.400 6.650 6.650 Spring Valley...... 14.500 14.500 14.500 14.500 14.500 14.500 14.500 14.500 14.500 14.500 Sugarcreek...... 20.000 20.000 20.000 20.000 20.000 21.700 20.000 20.000 20.000 20.000 Xenia...... 12.000 12.000 12.000 12.000 12.000 12.000 12.000 12.000 12.000 12.000
Other Units: Bellbrook-Sugarcreek Park District...... 1.100 1.100 1.100 1.100 1.100 1.700 1.700 1.700 1.700 1.700 District Health Fund...... 0.500 0.500 0.500 0.500 0.800 0.800 0.800 0.800 0.800 0.800 Greene County Library...... 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.900 1.900
Source: Greene County Auditor's Office
Note: Each subdivision must obtain the approval of the majority of its voters before raising its tax rate.
158 Table 10 Greene County, Ohio Principal Property Tax Payers Current Year and Nine Years Ago
2016 2007 Percentage of Total Percentage of Total Taxable County Taxable Taxable County Taxable Taxpayer Assessed Value Assessed Value Rank Assessed Value Assessed Value Rank Dayton Power & Light$ 89,931,500 2.28% 1$1.93%1 68,895,350 Greene Town Center LLC 44,038,640 1.11% 2 28,347,380 0.79% 3 MFC Beavercreek LLC 34,287,880 0.87% 3 36,328,550 1.02% 2 Beavercreek Towne Station LLC 16,617,960 0.42% 4 Vectren Energy Supply 12,623,680 0.32% 5 6,589,000 0.18% 10 Cole Mt Beavercreek OH LLC 12,075,000 0.31% 6 Ketterimg Adventist Healthcare 8,990,980 0.23% 7 Acropolis 29 LLC 8,310,440 0.21% 8 7,587,100 7 Wright Patt Credit Union Inc 7,861,990 0.20% 9 E L Apartments LLC 6,293,710 0.16% 10 Ohio Bell Telephone Co. 11,910,570 0.33% 4 Cemex 8,460,170 0.24% 5 George Kontogiannis 8,017,820 0.22% 6 MV-RG II 77,934,480 2.18% 7 Super Value Stores Inc 6,817,400 0.19% 9
Total$ 241,031,780 6.10%$7.08% 260,887,820
Source: Greene County Auditor's Office
Table 11 Greene County, Ohio Water and Sewer Rates Last Ten Fiscal Years
Water Sewer
(First 1,000 gallons) (Usage > 1,000 Gals.) (First 3,000 gallons) (Usage > 3,000 Gals.) Fiscal Year Monthly Minimum Rate per 1,000 Gals. Monthly Minimum Rate per 1,000 Gals. 2007 11.66 3.99 18.97 5.92 2008 11.66 3.99 19.35 6.04 2009 11.66 3.99 20.12 6.28 2010 11.66 3.99 20.12 6.28 2011 12.37 4.23 23.14 7.23 2012 12.62 4.31 23.83 7.45 2013 12.62 4.31 23.83 7.45 2014 13.13 4.49 23.83 7.45 2015 13.13 4.49 23.83 7.45 2016 13.13 4.49 23.83 7.45
Source: Greene County Sanitary Engineer
159 Table 12 Greene County, Ohio Ratios of Net General Bonded Debt Outstanding by Type Last Ten Fiscal Years
Business-Type Other Governmental Governmental Activities Activities Activities Debt
(c) (c) General Gross General % of Actual Net Bonded Special Fiscal Obligation Refunding Obligation Total Net Taxable Value Debt Assessment Capital Year Bonds Bonds Bonds (b) Bonded Debt of Property Per Capita Bonds Leases 2007 21,235,000 10,515,000 6,290,000 $ 38,040,000 1.07% 239.86 210,000 -
2008 10,175,000 10,075,000 10,945,000 $ 31,195,000 0.81% 195.76 140,000 -
2009 9,545,000 9,610,000 10,530,000 $ 29,685,000 0.77% 185.74 80,000 -
2010 18,993,427 (a) 23,276,573 $ 42,270,000 1.08% 261.55 40,000 -
2011 26,453,427 (a) 23,121,573 $ 49,575,000 1.31% 303.17 - -
2012 30,096,965 (a) 14,197,694 $ 44,294,659 1.15% 269.85 - -
2013 28,570,993 (a) 79,263,646 $ 107,834,639 2.81% 659.68 - -
2014 23,409,978 (a) 76,159,874 $ 99,569,852 2.57% 607.80 - -
2015 22,741,341 (a) 74,966,100 $ 97,707,441 2.51% 594.23 - 199,521
2016 21,550,818 (a) 72,317,483 $ 93,868,301 2.38% 568.59 - 149,641
Source: Personal Income from the Ohio Bureau of Employment Statistics
(a) - In 2010, all refunding debt was reclassified into the category of the originally refunded debt, so there will be no more debt listed as "refunding" debt. (b) - Business-Type general obligation bonds are intended to be repaid with revenues generated from proprietary activities. (c) - Amount presented represents total Geneal Obligation Bonds net of resources externally restricted for repayment of principal. (d) - 2015 information is the latest available
County Debt by Type
$250
Special Assessment Bonds $200
OWDA Debt
$150 Millions
$100 Business-type Revenue Bonds
$50 Business-type G.O. Bond
Business-type BAN Governmental GO Bonds $0 Governmental BAN 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
160 Other Business-Type Activities Debt Personal Income
Total Gross Special Total Debt Outstanding Refunding OWDA/OPWC Assessment Revenue Primary Total as a Percentage Total Debt Bonds Loans Bonds Bonds Government (in thousands) of Personal Income Per Capita 104,460,000 13,548,561 3,710,000 12,705,640 172,674,201 6,122,489 2.82% 1,088.78
102,755,000 12,582,019 4,349,000 9,363,608 160,384,627 6,203,261 2.59% 1,006.45
99,855,000 11,564,183 3,853,000 7,065,000 152,102,183 6,013,825 2.53% 951.69
(a) 10,492,020 3,432,000 108,005,000 164,239,020 6,165,745 2.66% 1,016.24
(a) 9,855,335 3,031,000 102,430,000 164,891,335 6,601,869 2.50% 1,008.37
(a) 47,847,162 2,625,000 100,834,871 195,601,692 6,727,933 2.91% 1,191.64
(a) 45,743,797 2,334,200 33,718,930 189,631,566 6,820,771 2.78% 1,160.07
(a) 57,818,889 2,085,700 27,957,854 187,432,295 7,109,905 2.64% 1,144.14
(a) 54,587,689 2,812,000 23,255,742 178,562,393 7,376,592 2.42% 1,085.97
(a) 51,730,898 2,553,300 16,162,028 164,464,168 7,376,592 (d) 2.23% 996.20
161 Table 13 Greene County, Ohio Legal Debt Margin Information Last Ten Fiscal Years
2007 2008 2009 2010 Total of All County Bonded Debt (A) ………………………$ 148,610,640 $ 147,802,608 $ 140,538,000 $ 153,747,000 Total of All County Bond Anticipation Notes……………… 19,302,000 18,511,000 19,432,000 9,645,000 Total of All County Debt Outstanding……………………… 167,912,640 166,313,608 159,970,000 163,392,000
Debt Exempt From Computation: Governmental Activities: Special Assessment Bonds……………………… 210,000 140,000 80,000 40,000 Business-type Activities: Special Assessment Bonds……………………… 3,710,000 4,349,000 3,853,000 3,432,000 Advanced Refunding Bonds……………..……… 104,460,000 102,755,000 99,855,000 (B) Revenue Bonds…………………………………… 12,705,640 9,363,608 7,065,000 108,005,000 General Obligation Bonds………...……………… 6,290,000 10,945,000 10,530,000 23,276,573 Bond Anticipation Notes……….………………… 7,287,000 7,180,000 8,890,000 - Total Exempt Debt…………………………………………… 134,662,640 134,732,608 130,273,000 134,753,573
Net Debt……………………………………………………… 33,250,000 31,581,000 29,697,000 28,638,427
County Valuation...... 3,571,418,560 3,874,244,252 3,871,202,030 3,930,232,370
Direct Debt Limitation (Per O.R.C. Sections 133.02 & 133.05) Range Rate $0 - $100,000,000 3.00% 3,000,000 3,000,000 3,000,000 3,000,000 $100,000,000 - $300,000,000 1.50% 3,000,000 3,000,000 3,000,000 3,000,000 More than $300,000,000 2.50% 81,785,464 89,356,106 89,280,051 90,755,809 Total Direct Debt Limitation………………………………… 87,785,464 95,356,106 95,280,051 96,755,809
Net Debt……………………………………………………… 33,250,000 31,581,000 29,697,000 28,638,427
Unvoted Legal Debt Margin………………………………… $ 54,535,464 $ 63,775,106 $ 65,583,051 $ 68,117,382
Net Debt as a Percentage of the Direct Debt Limit……… 37.88% 33.12% 31.17% 29.60%
(A) - See Table 12 for detailed information. Amount does not include OWDA loans or capital leases. (B) - In 2010, all refunding debt was reclassified into the category of the originally refunded debt, so there will be no more debt listed as "refunding" debt.
162 2011 2012 2013 2014 2015 2016 $155,036,000 $ 156,361,499 $ 146,362,985 $ 133,199,527 $ 124,834,491 $ 112,583,629 304,000 244,000 150,000 1,281,000 110,000 2,410,000 155,340,000 156,605,499 146,512,985 134,480,527 124,944,491 114,993,629
------
3,031,000 2,625,000 2,334,200 2,085,700 2,812,000 2,553,300 (B) (B) (B) (B) (B) (B) 102,430,000 100,834,871 33,718,930 27,957,854 23,255,742 16,162,028 23,121,573 22,804,663 81,258,908 78,777,998 74,966,100 72,317,483 - - - 1,148,000 - 2,410,000 128,582,573 126,264,534 117,312,038 109,969,552 101,033,842 93,442,811
26,757,427 30,340,965 29,200,947 24,510,975 23,910,649 21,550,818
3,780,461,700 3,848,776,390 3,833,550,750 3,869,494,110 3,887,391,890 3,950,931,210
3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 87,011,543 88,719,410 88,338,769 89,237,353 89,684,797 91,273,280 93,011,543 94,719,410 94,338,769 95,237,353 95,684,797 97,273,280
26,757,427 30,340,965 29,200,947 24,510,975 23,910,649 21,550,818
$ 66,254,116 $ 64,378,445 $ 65,137,822 $ 70,726,378 $ 71,774,148 $ 75,722,462
28.77% 32.03% 30.95% 25.74% 24.99% 22.15%
163 Table 14 Greene County, Ohio Pledged Revenue Coverage - Revenue Bonds Last Ten Fiscal Years
Water Revenue Bonds
Fiscal Operating Operating Net Available Debt Service Year Revenue Expenses Revenue Principal Interest Coverage 2007 9,596,158 6,668,884 2,927,274 465,000 479,355 3.10 2008 10,193,324 6,682,978 3,510,346 1,515,000 1,232,615 1.28 2009 9,056,252 6,936,035 2,120,217 1,570,000 1,182,416 0.77 2010 9,343,391 7,367,639 1,975,752 1,620,000 1,127,555 0.72 2011 9,830,540 6,849,055 2,981,485 1,960,000 1,331,639 0.91 2012 10,982,741 6,713,456 4,269,285 2,020,000 1,240,386 1.31 2013 9,776,449 6,836,806 2,939,643 2,085,000 1,169,138 0.90 2014 10,091,994 7,109,255 2,982,739 2,175,000 561,563 1.09 2015 10,361,106 7,785,849 2,575,257 955,000 479,188 1.80 2016 10,859,750 7,742,312 3,117,438 680,000 338,351 3.06
Sewer Revenue Bonds
Fiscal Operating Operating Net Available Debt Service Year Revenue Expenses Revenue Principal Interest Coverage 2007 17,737,294 9,422,374 8,314,920 814,016 4,285,983 1.63 2008 17,119,295 11,188,877 5,930,418 3,142,032 4,260,916 0.80 2009 15,298,287 9,787,490 5,510,797 3,223,608 4,379,818 0.72 2010 15,598,433 10,807,007 4,791,426 2,300,000 3,668,128 0.80 2011 20,262,424 10,131,718 10,130,706 3,615,000 3,728,512 1.38 2012 21,040,356 10,361,451 10,678,905 3,780,000 3,559,772 1.45 2013 20,640,767 10,826,687 9,814,080 3,677,500 3,420,872 1.38 2014 20,474,354 11,734,158 8,740,196 3,315,000 859,236 2.09 2015 20,538,094 11,809,773 8,728,321 3,465,000 704,485 2.09 2016 20,291,076 11,994,904 8,296,172 530,000 534,772 7.79
Debt Coverage Water Debt Coverage Sewer $12 $25
$10 $20 $8 $15 $6 $10 $4 Millions Millions
$2 $5
$0 $0
Operating Revenue Operating Expenses Debt Service Operating Revenue Operating Expenses Debt Service
164 Table 15 Greene County, Ohio Pledged Revenue Coverage - Special Assessment Bonds Last Ten Fiscal Years
Water Special Assessment Bonds (1) Water Special Assessment Collection & Debt Service Special $300 Fiscal Assessment Debt Service (2) $250 Year Collections Principal Interest Coverage 2007 284,184 188,292 79,647 1.06 $200 2008 233,557 172,136 79,181 0.93 $150 2009 242,482 185,877 90,595 0.88
2010 255,170 167,889 79,961 1.03 Thousands $100 2011 219,629 150,557 70,661 0.99 $50 2012 209,659 149,651 62,539 0.99 2013 186,077 132,567 54,664 0.99 $0 2014 167,956 128,574 49,091 0.95 2015 166,597 117,192 42,047 1.05 Special Assessment Collections Debt Service 2016 149,442 112,007 42,904 0.96
Sewer Special Assessment Bonds (1) Sewer Special Assessment Collection & Debt Service Special $700 Fiscal Assessment Debt Service (2) $600 Year Collections Principal Interest Coverage 2007 576,990 291,708 130,584 1.37 $500 2008 566,284 283,864 122,042 1.40 $400
2009 553,506 310,123 122,908 1.28 $300
2010 514,026 253,111 106,259 1.43 Thousands $200 2011 504,672 250,443 93,756 1.47 2012 471,441 256,349 81,374 1.40 $100
2013 392,500 188,433 68,672 1.53 $0 2014 339,090 119,926 60,046 1.88 2015 523,937 111,508 54,701 3.15 Special Assessment Collections Debt Service 2016 349,424 146,693 86,520 1.50
Road & Ditch Special Assessment Bonds (1) Road & Ditch Special Assessment Special Collection & Debt Service Fiscal Assessment Debt Service (2) $120
Year Collections Principal Interest Coverage $100 2007 91,803 85,000 13,745 0.93 2008 74,272 70,000 9,635 0.93 $80 2009 58,071 60,000 6,320 0.88 $60 Thousands 2010 39,827 40,000 3,520 0.92 $40 2011 42,620 40,000 1,760 1.02 2012* 5,348 - - N/A $20
2013 1,032 - - N/A $0 2014 - - - N/A 2015 - - - N/A Special Assessment Collections Debt Service 2016 - - - N/A
(1) - Cash collections per Budget versus Actual Schedules. Does not include tap fees and equalization charges. (2) - Debt service per special assessment bond amortization schedules
* - Special assessment bonds for roads and ditches were paid off in 2011
165 Table 16 Greene County, Ohio Demographic and Economic Statistics Last Ten Calendar Years
Total Personal Median Annual Income Per Capita Household Unemployment Year Population (thousands of $) Income Income Rate 2007 158,594 5,834,665 36,963 55,362 5.2% 2008 159,356 6,122,489 38,493 58,153 6.2% 2009 159,823 6,203,261 38,743 55,615 10.6% 2010 161,614 6,013,825 37,336 56,679 9.8% 2011 163,522 6,165,745 38,152 57,553 8.4% 2012 164,145 6,601,869 40,349 57,992 7.0% 2013 163,465 6,727,933 40,927 57,992 7.2% 2014 163,820 6,820,771 41,624 58,080 4.6% 2015 164,427 7,109,905 43,179 58,775 4.8% 2016 165,091 7,376,592 44,862 60,113 5.0%
Source: Ohio Bureau of Labor Statistics
Population Per Capita Income
166,000 $50,000
164,000 $45,000
162,000 $40,000
160,000 $35,000
158,000 $30,000
156,000 $25,000
154,000 $20,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Greene US Ohio
Median Household Income Unemployment Rate
$65,000 12.00% $60,000 11.00% 10.00% $55,000 9.00% $50,000 8.00%
$45,000 7.00% 6.00% $40,000 5.00% $35,000 4.00%
$30,000 3.00% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Greene US Ohio Greene US Ohio
166 Table 17 Greene County, Ohio Principal Employers Current Year and Ten Years Ago
2016 2007
% of Total County % of Total County Employees Employment Rank Employees Employment Rank
Wright-Patterson Air force Base 27,000 35.58% 1 19,471 26.35% 1 Wright State University 3,700 4.88% 2 2,482 3.36% 2 Greene County 1,200 1.58% 3 1,431 1.94% 3 Beavercreek City School District 870 1.15% 4 761 1.03% 5 Unison Industries 800 1.05% 5 660 0.89% 8 Wright Patt Credit Union 640 0.84% 6 Teleperformance USA 600 0.79% 7 640 10 Cedarville University 600 0.79% 8 661 0.89% 7 MacAuley-Brown Inc. 450 0.59% 9
167 Central State University 380 0.50% 10 Kettering Health Network 900 1.22% 4 Kroger Stores 645 0.87% 9 Xenia Community Schools 760 1.03% 6
Total 36,240 47.75% 28,411 37.58%
Source: Greene County Auditor's Office Table 18 Greene County, Ohio Full Time County Government Employees by Function Last Ten Fiscal Years
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Governmental Activities: Legislative & Executive: Commissioners…………………………… 14 14 14 12 12 14 12 12 12 9 Auditor……………………………………… 24 24 24 23 21 21 21 19 17 12 Treasurer…………………………………… 10 9 9 9 5 6 9 6 6 6 Personnel…………………………………… 5 5 4 4 4 4 5 4 5 3 Risk Management………………………… 4 4 4 4 4 4 4 4 4 4 Data Processing…………………………… 10 9 9 9 8 6 8 7 7 8 Board of Elections………………………… 9 9 7 7 7 8 13 8 8 8 Prosecutor…………………………………… 35 35 32 29 29 29 31 29 31 28 Recorder…………………………………… 10 10 10 8 8 8 10 9 10 9 County Services…………………………… 37 36 31 28 29 31 30 27 31 23 Service Garage…………………………… 4 4 3 3 3 3 3 3 3 3 Records & Information…………………… 2 2 2 2 2 2 3 2 3 3
Judicial: Common Pleas Court……………………… 37 36 37 39 38 37 43 37 38 33 Probate Court……………………………… 7 7 7 7 6 6 7 6 6 5 Juvenile Court……………………………… 59 56 56 56 53 52 60 51 48 45 Xenia Municipal Court……………………… 3 4 4 4 4 4 4 4 3 3 Fairborn Municipal Court………………… 4 4 4 4 4 4 5 4 4 4 Domestic Relations Court………………… 14 14 13 14 14 14 16 14 13 12 Public Defender…………………………… 4 5 5 5 5 5 5 5 5 6 Clerk of Courts……………………………… 22 22 21 21 20 20 23 19 21 14
Public Safety: Sheriff……………………………………… 162 163 140 137 130 128 128 131 131 146 Juvenile Detention………………………… 43 42 40 39 38 37 51 39 39 40 Building Regulations……………………… 11 12 11 11 11 10 11 11 11 11 Coroner……………………………………… 5 5 5 5 6 5 5 5 5 4
Public Works: Engineer & Highway……………………… 43 41 41 41 41 42 46 39 39 37 Environmental Services…………………… 6 5 5 10 8 7 11 7 6 6 Wide Area Network………………………. 5 5 5 5 4 4 3 4 5 5
Health: Animal Control……………………………… 11 11 10 10 10 10 14 10 9 9 Developmental Disabilities………………… 105 110 116 112 116 118 131 123 132 124
Human Services: County Home……………………………… 76 79 77 63 59 56 68 51 58 52 Children's Services**……………………… 91 99 93 90 86 18 17 12 5 5 Family & Children First Council*………… N/A N/A N/A N/A 6 5 6 5 6 11 Job & Family Services**…………………… 121 119 101 95 82 159 143 147 147 145 Today Center for Adults…………………… 9 7 6 6 6 6 7 6 3 3 Veterans' Services………………………… 8 8 7 7 7 7 13 7 8 6
Conservation & Recreation: Parks & Trails……………………………… 30 28 28 26 27 26 29 28 28 27
Community and Economic Development: Convention & Visitor's Bureau…………… 5 5 5 4 5 5 6 5 5 5 Department of Development……………… 8 8 10 8 6 7 6 5 6 6
Water...... 43 43 42 36 34 35 34 33 32 35
Sewer...... 57 57 56 42 38 40 40 40 43 41
Total...... 1,153 1,156 1,094 1,035 996 1,003 1,081 978 993 956
*The Family and Children First Council was included in the County's financial statements as a Special Revenue Fund starting in 2011. ** Starting in 2012, Childrens Services and Job & Family Services were merged into one department Source: Greene County Auditor's Office
168 Table 19 Greene County, Ohio Salaries of Principal Officials Last Ten Fiscal Years
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Elected Officials Commissioners (3)………………………………………$ 63,833 $ 65,620 $ 65,620 $ 65,620 $ 65,620 $ 65,620 $ 65,620 $ 65,620 $ 65,620 $ 72,346 Auditor…………………………………………………… 74,663 76,754 76,754 76,754 76,754 79,754 79,754 79,754 79,754 79,754 Clerk of Courts………………………………………… 59,579 61,247 61,247 61,247 61,247 61,247 61,247 61,247 61,247 67,525 Coroner…………………………………………………. 49,814 51,209 51,209 51,209 51,209 51,209 51,209 51,209 51,209 56,458 Engineer……………………………………………….. 92,600 95,193 95,193 95,193 95,193 95,193 95,193 95,193 95,193 104,950 Prosecutor……………………………………………… 112,552 115,703 115,703 115,703 115,703 115,703 115,703 115,703 115,703 127,563 Recorder……………………………………………….. 55,673 57,232 57,232 57,232 57,232 57,232 57,232 57,232 57,232 63,098 Sheriff…………………………………………………… 73,085 75,131 75,131 75,131 75,131 84,522 84,522 84,522 84,522 93,186 Treasurer……………………………………………….. 59,579 61,247 61,247 61,247 61,247 61,247 61,247 61,247 61,247 67,525
Appointed Officials County Administrator……………………………….. 115,003 125,008 128,374 128,326 126,546 125,845 134,073 101,022 114,046 121,014 Sanitary Engineer / Director of Public Works………… 89,586 92,269 93,646 94,205 92,899 92,926 96,589 99,385 102,336 105,414 Developmental Disabilities Superintendent………… 116,542 126,838 140,979 131,717 131,717 150,634 158,005 144,187 147,430 150,010 Children's Services Executive Secretary…………… 105,144 113,776 90,083 104,391 93,580 71,224 N/A N/A N/A N/A Job and Family Services Director…………………… 88,567 107,643 60,910 60,425 63,147 64,190 83,653 85,726 88,275 90,917 Director of Greenewood Manor……………………… 79,498 81,890 84,094 82,173 81,638 79,859 80,180 78,542 78,042 82,722 Maintenance Director…………………………………… 75,712 86,986 89,997 45,450 57,609 55,094 59,910 65,000 69,618 71,698 Court Administrator……………………………………… 55,973 57,574 59,789 58,252 60,454 62,799 68,217 66,810 69,618 81,952 Director of Personnel……………………………… 93,850 81,494 82,435 82,717 81,557 83,693 84,781 79,560 81,616 81,162 169 Director of Emergency Management………………… 64,896 62,442 65,564 64,099 63,210 63,424 65,971 67,609 69,618 71,698 Director of Information Technology…………………… 85,821 88,400 91,800 89,726 88,968 86,747 92,348 92,936 94,806 97,656
N/A - Position either did not exist or was unfilled for the year. * - Active director retired and was replace during year
Source: Greene County Auditor's Office - Greene County Payroll Journal Summary
Table 20 Greene County, Ohio Surety Bond Coverage - Various Elected Officials Last Ten Fiscal Years
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Elected Officials Commissioners (3)………………………………………$ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 Auditor…………………………………………………… 50,000 50,000 50,000 50,000 20,000 20,000 20,000 20,000 20,000 20,000 Clerk of Courts………………………………………… 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 40,000 Coroner…………………………………………………. 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 Engineer……………………………………………….. 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 Prosecutor……………………………………………… 122,000 122,000 122,000 126,000 126,000 126,000 126,000 126,000 126,000 126,000 Recorder……………………………………………….. 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 Sheriff…………………………………………………… 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 90,000 Treasurer……………………………………………….. 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Source: Greene County Auditor's Office Table 21 Greene County, Ohio Operating Indicators By Function Last Ten Fiscal Years
2007 2008 2009 2010 2011 Adult Probation Average yearly case load 875 856 864 844 872
Auditor Vendor's licenses sold 340 321 279 201 272 Warrants processed 33,350 32,565 32,633 28,340 27,816 Real estate transfers 5,669 5,026 5,039 4,600 4,393 Homestead applications 10,085 * 10,645 11,254 11,442 11,948
Board of Develop. Disabilities Client services provided 2,586 2,657 5,696 5,106 2,859
Board of Elections Number of registered voters 105,421 114,021 113,918 116,552 118,616 Number of voters in last general election 53,641 84,255 54,301 61,069 54,467 Percentage of registered voters who voted 50.80% 73.89% 47.67% 52.40% 45.92%
Building Regulations Number of permits issued 5,340 4,756 4,375 4,665 4,932 Number of inspections performed 22,576 19,320 17,841 17,104 17,688
Children's Services Total referrals 1,209 1,211 1,174 1,141 1,050 Total children in placement 230 253 251 252 178 Children terminated from custody 108 97 122 140 90 Adoptions finalized 15 11 23 15 11
Clerk of Courts Title Transactions 313,933 313,938 332,351 345,581 357,766 New Cases Filed 3,826 3,854 8,183 8,018 7,596
Commissioners Number of resolutions 996 950 985 783 763 Number of meetings 72 79 63 66 66
Common Pleas Court Number of civil cases filed 1,250 1,387 1,455 1,355 1,342 Number of criminal cases filed 849 925 811 678 695 Number of domestic cases filed 808 908 882 948 962
Convention & Visitor's Bureau Room nights generated 39,934 23,576 34,900 36,740 41,065
Coroner Cases investigated 355 402 394 426 549 Autopsies conducted 85 97 80 84 94
County Engineer & Bridge Bridges inspected 281 284 284 284 283 Centerline miles painted 275 300 275 270 275 Edge line miles 300 335 320 320 411
Domestic Relations Court Divorces 281 377 365 381 393 Dissolutions 275 235 189 234 236 Civil Protection Orders 300 275 289 223 231
Fairborn Municipal Court Traffic/Criminal Cases 19,634 18,369 15,728 13,877 13,388 Civil Cases 1,805 2,111 1,786 1,783 1,602 Small Claims Cases 341 299 236 333 255
Greenewood Manor Inpatient Days 27,079 26,571 25,570 25,466 23,593
Juvenile Court Diversion cases 668 609 557 525 565 Delinquency cases 900 980 830 684 648 Unruly child cases 83 66 49 36 46
Prosecutor Number of cases - criminal 852 913 845 675 669 Number of cases - civil 258 380 402 325 201
Recorder Number of deeds recorded 5,306 4,601 4,133 4,087 3,573 Number of mortgages recorded 8,245 6,384 7,778 7,140 6,556 Number of military discharges recorded 10 22 14 32 9
Records & Information Information requests processed 1,158 1,268 1,188 1,138 1,073 Boxes transferred in 259 389 319 288 259 Boxes transferred out 254 490 262 204 485
Sanitary Engineer Water connections 16,260 16,513 16,675 16,895 16,931 Water consumption (Million gallons) 1,557 1,515 1,467 1,538 1,490 Sewer connections 22,295 22,520 22,669 22,859 22,945 Wastewater treated (Million gallons) 5,548 5,402 4,243 4,209 5,655
Treasurer Number of parcels 72,549 72,593 72,820 72,938 73,375 Real estate tax collections $179,714,104 $ 182,913,958 $ 198,806,521 $ 211,067,725 $ 213,030,374
Xenia Municipal Court Traffic/Criminal Cases 12,961 13,571 10,687 10,335 10,262 Civil Cases 1,710 1,905 1,461 1,444 1,247 Small Claims Cases 305 270 184 175 139
N/A - Information was not readily available.
* - In 2007, the State expanded the eligibility for the homestead program to all individuals over the age of 65 or permanently disabled. In previous years there was an income requirement in addition to the previously mentioned requirements.
Source: Indicated County Department
170 Table 21 Greene County, Ohio Operating Indicators By Function Last Ten Fiscal Years
2012 2013 2014 2015 2016 Adult Probation Average yearly case load 965 980 635 1,053 981
Auditor Vendor's licenses sold 137 269 80 55 71 Warrants processed 29,553 26,808 27,122 28,108 29,033 Real estate transfers 4,989 5,417 5,289 5,707 5,930 Homestead applications 12,427 12,885 12,809 12,495 12,248
Board of Develop. Disabilities Client services provided 2,871 2,775 2,942 2,920 828
Board of Elections Number of registered voters 124,181 110,814 111,890 106,864 115,243 Number of voters in last general election 83,626 20,581 49,065 49,317 83,842 Percentage of registered voters who voted 67.34% 18.57% 43.85% 46.15% 72.75%
Building Regulations Number of permits issued 4,372 4,325 4,380 4,722 4,561 Number of inspections performed 15,608 14,560 14,071 14,810 15,638
Children's Services Total referrals 1,046 1,111 981 1,268 1,425 Total children in placement 174 175 197 154 128 Children terminated from custody 99 69 76 128 131 Adoptions finalized 9 11 4 11 16
Clerk of Courts Title Transactions 367,355 381,192 387,537 383,214 69,063 New Cases Filed 8,312 7,136 7,992 6,116 5,714
Commissioners Number of resolutions 808 761 733 771 726 Number of meetings 61 64 62 62 52
Common Pleas Court Number of civil cases filed 1,369 950 845 887 859 Number of criminal cases filed 633 654 714 757 657 Number of domestic cases filed 796 833 830 782 832
Convention & Visitor's Bureau Room nights generated 37,605 30,500 43,465 42,930 43,470
Coroner Cases investigated 584 635 733 764 745 Autopsies conducted 120 92 124 107 115
County Engineer & Bridge Bridges inspected 283 283 283 166 180 Centerline miles painted 280 257 344 257 277 Edge line miles 510 359 428 339 317
Domestic Relations Court Divorces 388 308 311 315 312 Dissolutions 206 197 216 187 215 Civil Protection Orders 287 323 268 242 277
Fairborn Municipal Court Traffic/Criminal Cases 13,677 13,516 15,187 14,258 17,124 Civil Cases 1,578 1,440 1,705 1,583 1,840 Small Claims Cases 187 232 209 152 196
Greenewood Manor Inpatient Days 21,734 18,063 19,552 24,093 21,505
Juvenile Court Diversion cases 481 466 396 461 499 Delinquency cases 681 592 557 574 583 Unruly child cases 46 47 37 41 44
Prosecutor Number of cases - criminal 629 670 426 760 652 Number of cases - civil 289 320 311 114 381
Recorder Number of deeds recorded 4,310 4,284 4,228 4,617 4,943 Number of mortgages recorded 7,961 7,193 4,885 5,240 5,810 Number of military discharges recorded 18 12 15 17 157
Records & Information Information requests processed 930 846 949 1,024 1,067 Boxes transferred in 1,119 117 391 542 340 Boxes transferred out 317 96 48 216 171
Sanitary Engineer Water connections 17,077 17,181 17,297 17,453 17,679 Water consumption (Million gallons) 1,642 1,499 1,427 1,442 1,848 Sewer connections 23,083 23,222 23,366 23,555 23,734 Wastewater treated (Million gallons) 4,353 4,738 5,000 6,034 5,275
Treasurer Number of parcels 73,233 73,420 73,594 73,596 74,025 Real estate tax collections $221,103,165 $ 220,337,209 $ 228,423,160 $ 238,273,411 $ 278,914,503
Xenia Municipal Court Traffic/Criminal Cases 14,062 12,459 11,968 11,511 11,655 Civil Cases 1,246 1,059 1,079 951 1,145 Small Claims Cases 156 149 117 108 131
N/A - Information was not readily available.
* - In 2007, the State expanded the eligibility for the homestead program to all i income requirement in addition to the previously mentioned requirements.
Source: Indicated County Department
171 Table 22 Greene County, Ohio Capital Asset Statistics by Function (*) Last Ten Fiscal Years
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 County Engineer Roads (in miles)…………………………… 326 328 325 325 325 325 324 324 324 324 Bridges……………………………………… 282 284 284 284 283 283 283 283 283 283
Parks & Trails Parks/Reserves…………………………… 44 45 45 46 46 45 45 45 45 45 Bike Path (in miles)………………………… 60 60 60 60 62 62 62 62 62 62
Water System Water Lines (in miles)……………………… 318 318 318 395 395 366 366 366 366 366 Water Customers…………………………… 16,260 16,513 16,675 16,851 16,953 17,077 17,181 17,297 17,453 17,679 Elevated Storage Tanks…………………… 15 14 14 14 14 14 14 13 13 13
Sewer System Sewer Lines (in miles)…………………… 379 379 395 412 412 416 416 416 416 420 Sewer Customers………………………… 22,295 22,520 22,669 22,816 21,976 23,083 23,222 23,366 23,555 23,734 172
(*) The County reports only those facilities managed and operated by the County, rather than total facilities within the County.
Source: Indicated county department APPENDIX A-2 2015 AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2015
The audited financials for the year ended December 31, 2015 are available ontheOhio State Auditor’s web site at www.auditor.state.oh.us. The reference to this web site is for the purpose of the County audited financials only; the County makes no representationastothe accuracy of the information appearing at such web site. The County does not undertake any obligation to maintain or update such web site or such information contained on such web site.
If you are unable to access this website or to open the audited financials, please contact David A. Graham, County Auditor, at (937) 562-5065, for a copy of the audited financials for the year ended December 31, 2015. APPENDIX B 2017 APPROPRIATIONS RESOLUTION
[SEE ATTACHED]
APPENDIX C FINANCIAL STATEMENT (DIRECT DEBT LIMITATION)
[SEE ATTACHED]