FY2023 Budget Overview

July 21, 2022

EXCELLENCE | PROFESSIONALISM | INTEGRITY | CREATIVITY EL PASO COUNTY 1

Presentation Overview

• GF Revenue Estimates for

FY 2022 & FY 2023

• Fund Balance Outlook

• FY 2023 GF Budget

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Fiscal Year 2022 Revenue Estimate

Auditor‘s FY22 Revenue Estimates (6/16/22)

• As of May 2022
• $342 ↑, $12.5 M or 4%
• Revisions Forthcoming (July 28)
• Area‘s subject to change:
• Property Tax
• Sales Tax
• Charges for services

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Fiscal Year 2023 Revenue Estimate
Charge for Services Fines and forfeitures
FY2023 Revenue FY2022 Proj FY2022 Revised 10% 1% Interest
Bingo Tax Intergovernmental
Revenue Category Projection 9/30/2022 Budget 0%
0% revenues
2%
Vehicle Inventory Taxes
Bingo Tax 39,153 42,305 28,000 0% Licenses and permits
0%
Charge for Services 34,602,814 36,534,247 33,717,122
Sales & use Tax Miscellaneous
Fines and forfeitures 2,735,175 2,843,410 3,635,522 23% 0%

Interest 1,165,067 1,171,827 301,804 Mixed Bev Tax

1%
Intergovernmental revenues 5,878,971 5,919,483 6,977,016
Other Financing Sources
Licenses and permits 253,807 252,807 288,025 0%

Miscellaneous 1,349,932 1,358,033 1,795,759

Mixed Bev Tax 3,868,551 3,868,551 2,515,284

Other Financing Sources 1,050,737 1,035,337 1,038,102

Property Taxes 219,344,377 213,082,807 213,099,360

Sales & use Tax 79,172,988 75,613,778 65,845,450

Vehicle Inventory Taxes 71,552 71,552 42,939

349,533,124 341,794,137 329,284,383 Property Taxes

63%

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Preliminary Fund Balance Outlook
& Estimated FY23 Resources

Projected Fund Balance:

$91 m, May
$93.8 m, June
+ $2.8 m

Estimated Revenue 349,533,124

Estimated Fund Balance 93,829, 701

Total Resources 443,362,825

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Fiscal Year 2023 Budget Estimate
Capital
3%

FY2023 Budget
Category Projection
Operating Transfer Out
28%
Salary and Fringe 286,347,003
Operating Transfer Out 117,201,210
Capital 13,145,112
416,693,325
Total Resources 443,363,545
Balance 26,670,220

Salary and Fringe Reserve % of total FY23 budget 6.40%

69%

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Fiscal Year 2023 Impacts*
FY22 Carryover:
• FY22 New Positions, Wage Increases - $4.5m increase • UMC Jail Medical Contract- $265k CPI Increase
• August 3rd Trial - $500k Contingency • UMC Health Clinic - $600k
• Economic Development Fund Commitments - $900k
increase

FY23 New impacts: • $600k for UMC/EHN Mental Health Contract

• $4.7m for FY23 New Positions • $2.4M for Combined Law Enforcement Associations of
• $8.5m for Wage Adjustments Texas (CLEAT) Increase
• $5.5m for Employee Health Insurance Increase • $600k for Animal Welfare Clinic
• $60k for Court Projects in Contingencies • $600k for Local Government Corporation
• $400k for Temporary Pay Pool • $360k for Migrant Transport
• $300k for Intern Pool • Overall increases due to inflation and supply chain delays

* $8m approximately of capital projects moved to Tax Note

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Moving Towards The County Vision
Fiscal Year 2023

FY 23 Budget Calendar:

• July 25 – Approve FY 23 CIP

• July 25 - Certified Values
• July 28- Updated revenue estimates
• August 1- Tax Assessor to provide tax rates
• August 4- Joint meeting with UMC
• August 9, 10, 11 - Budget Hearings
• August 17 - Certified Revenue
• August 22 –Tax Rate Public Hearing & Adoption
• September 12- Budget Adoption

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 Questions and
Discussion

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