The Franklin County Commission has approved the largest budget in the county’s nearly 200-year history.
The overall operating budget for 2018 will be $59,917,032, which is up more than $7.6 million over last year and nearly $12 million more than just two years ago in 2016.
According to the official budget, $27,587,568 in sales taxes is expected to be collected by Franklin County in 2018.
The county is highly dependent on sales taxes, which make up 46.8 percent of all regular operating revenues.
In addition to sales taxes, personal property and real estate taxes make up an additional 22.7 percent of county revenues.
The next largest sources of revenue come from charges for services (15.1 percent, $5,986,835) and intergovernmental funding (13.8 percent, $5,485,627).
The remaining 3 percent of funds are rounded out by investment income ($183,010), license and permits ($81,825) and miscellaneous sources ($394,950).
By far the largest expenditure for Franklin County each year the county’s more than 300 employees, which in 2018, is budgeted at $23,787,394. These personnel services include all wages, benefits and pension costs.
In 2018, the county chose to become partially self-insured, which is expected to provide significant savings.
Due to the insurance savings, the county was able to adopt the findings of a salary study allowing for raises in many staff areas to bring employees to the suggested pay scales.
In short, the insurance savings allowed for an additional $637,268 to go toward employee raises.
• Public Safety attributes to 29 percent of the overall county expenditures with $16,234,264 budgeted for 2018. That is an increase of more than $1.5 million over last year attributable mainly to personnel services.
• General government expenses are responsible for 20.7 percent of expenditures with $11,579,503 budgeted this year. This fund increased by more than $1.2 million over last year due to cost of personnel services, elections and $575,000 budgeted for new countywide computer software.
• Capital outlay will make up 16.9 percent of the expenditures with $9,444,100 budgeted. Capital outlay expenses include funding for investment in new and replacement of fixed assets such as roads, bridges and vehicles. The 2018 budget shows a decrease of $2,141,157 in funding for these items.
• Highways and streets make up 16.6 percent of the county expenditures with a budget of $9,305,871, which is an increase of $1.3 million over 2017. While there are budget increases in some categories, this is offset by the decreases in other categories within the highway fund.
• Judicial expense makes up 5.9 percent of the 2018 budget with $3,392,260 budgeted for the year. There is a $244,471 increase budgeted due mainly to support of operations of the prosecuting attorney’s office.
• Principal payments are increased in 2018, making up 5.3 percent of the expenditures with $2,950,150 budgeted this year. An additional $1,485,150 has been budgeted for the principal payment on the 2012 series of certificates of participation. The increase is due to making prepayments in order to save on interest charges.
• Health and welfare funding will decrease slightly for 2018, but will make up 2.4 percent of the annual expenditures with $1,345,872 budgeted for the year.
An additional 3 percent of the county expenditures are tied up in business-type expenses totaling $576,462, interest payments of $989,219 and education at $199,345.