Fiscal Year 2022 Final Approved Budget

Margarita Alfaro Uncategorized

Tax Collector for Polk County
Budget Information

Actual FYE
9/30/2021
Budget FYE
9/30/2022
Increase
(Decrease)
Revenues:
Tax Commissions and Fees $14,624,151 $15,423,230 $799,079
(1)
DMV Fees $3,462,163  $3,469,000 $6,837
DL Fees $1,586,288 $1,500,000 $(86,288)
(2)
Business Tax Receipts $350,943 $346,000 $(4,943)
Tourist Development Taxes $493,384 $433,970 $(59,414)
(3)
Utility Payment Processing $132,203 $125,000 $(7,203)
Concealed Weapons Permits $213,252 $160,000 $(53,252)
(4)
Miscellaneous $87,390 $70,000 $(17,390)
Total Revenues $20,949,774 $21,527,200 $577,426
Expenses:
Personal Services $15,671,588 $17,427,745 $1,756,157
(5)
Professional Services $739,652 $710,937 $(28,715)
Contractual Expenses $555,268 $751,100 $195,832
(6)
Travel & Education $61,259 $161,692 $100,433
(7)
Postage $457,716 $490,100 $32,384
Rent & Lease $218,157 $233,900 $15,743
Repairs & Maintenance $117,146 $234,695 $117,549
(8)
Printing & Binding $263,921 $279,000 $15,079
Office Supplies $290,992 $258,900 $(32,092)
Communications $147,433 $166,280 $18,847
Other $216,575 $311,961 $95,386
(9)
Total Expenses $18,739,707 $21,026,310 $2,286,603
Capital Outlay: $173,307 $ – $(173,307)
(10)
Total Expenses & Capital Outlay: $18,913,014 $21,026,310 $2,113,296
Total Excess Fees: $2,036,760 $500,890 $(1,535,870)

Description/Explanation:

(1)  Increase in tax roll for 2021 compared to tax roll for 2020.
(2) DHSMV projections for the number of driver license renewals are slightly lower in FY21-22.
(3) At the time the budget was submitted, tourism volume had not returned to pre-pandemic levels. After the budget was approved, tourism figures surged ahead of pre-pandemic levels.
(4) There was a significant increase in CWL demand early in FY20-21 which subsided later in the year. The budget reflects the expectation for demand to remain at the previous baseline in FY21-22.
(5) Salary increase of 3.5% and health insurance increase of 5%.
(6) Cost of security guards is increasing 50% in FY21-22.
(7) Travel was extremely limited in FY20-21 due to COVID-19. The budget for FY21-22 includes a standard amount for travel and education.
(8) The budget for Repairs & Maintenance includes projected repairs of items which may or may not be necessary during FY21-22 due to the unpredictable nature of repairs.
(9) This item includes new services to assist with expanding our public education and outreach offerings.
(10) The budget process requires specific capital items to be identified for inclusion in the budget. At the time the budget was submitted, there were no specific capital items planned to be purchased in FY21-22.