County of Champaign Illinois Financial Forecast Introduction Financial

County of Champaign, Illinois Financial Forecast

Introduction • Financial Rating Aa 2 • Outlooks • Economic Conditions

News & Highlights • American • CURE Rescue Plan Act (ARPA) Funding • ERP • Hospital Property Tax Exemption Cases • Criminal Justice Reform Legislation

Financial Challenges

General Fund Property Tax Revenue $ 16 CCNH Levy Reallocation $ 14 Carle Ruling $ 12 Millions $ 10 $8 $6 $4 $2 $- [CELLRANGE], [SERIES [CELLRANGE], [SERIES NAME] NAME] FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026

State Shared Revenue Sales Taxes • Took a hit in FY 2020 • April disbursements (January collections) UP • Use Tax Income Tax • Continues to outperform economist projections and budget • 10% cut re-proposed

State Shared Revenue Personal Property Replacement Tax 1 200 000 1 100 000 1 000 900 000 800 000 700 000 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 State Reimbursement • Annual funding fluctuations • Delayed and sporadic disbursements

Expenditures Wages and Health/Life Insurance $ 45 000 $ 40 000 $ 35 000 $ 30 000 $ 25 000 $ 20 000 $ 15 000 $ 10 000 $ 5 000 $FY 2013 FY 2014 FY 2015 FY 2016 Total Expenditure FY 2017 Wages FY 2018 FY 2019 Health/Life Insurance FY 2020 FY 2021* FY 2022*

General Fund Forecast 46 000 45 000 44 000 43 000 42 000 Underspending & revenue surplus CURE funding & underspending 41 000 40 000 39 000 38 000 Unaudited FY 2020 IT IS ESTIMATED THAT AS MUCH AS 91% OF THE COUNTY’S EXPENDITURES GROW WITH INFLATION, WHILE ONLY 72% OF THE COUNTY’S REVENUES INCREASE. Projected FY 2021 Forecasted FY 2022 Revenue Forecasted FY 2023 Expenditure Forecasted FY 2024 Forecasted FY 2025 Forecasted FY 2026

$6 2016 Issue Matures 2014 Issue Matures $5 $4 Total Expenditures $3 $2 Debt $1 Revenue 29 20 FY 28 20 FY 27 20 FY 26 20 FY 25 20 FY 24 20 FY 23 20 FY 22 20 FY 20 21 $0 FY Millions Public Safety Sales Tax Fund

Public Safety Sales Tax Fund *Does not include funding for legislative changes, facility needs, and system replacements previously identified.

CARF The forecasted transfers to CARF from the General Fund and Public Safety Sales Tax Fund do not include: Reserve funding for future fiscal years Funding for the Sheriff’s Office and downtown Correctional Center Funding for the projects on the following slide, although there is partial reserve funding for the video hearing, phone system and network upgrades in CARF.

Fiscal Year Estimated Funding FY 2021 (not initiated) FY 2022 FY 2023 FY 2024 FY 2025 $940, 000 $15, 140, 000 $340, 000 $305, 000 Network Upgrades Appointment System Email Archiving Death Mgt Software Website CMS Phone System Upgrade Codification Document Mgt/Retention Planning & Zoning Software FOIA Mgt. Animal Control/Shelter Mgt. Agenda Management Dynamics GP Courtroom Audio System AS 400 Replacement Video Hearing (Arraignment) Justice System Case Mgt Video Evidence Mgt. Jury System Meeting Room A/V

ARPA funds - consider eligible funding to address facility and technology needs. Final Thoughts Levy Reallocation for FY 2022 Budget Process