Recommended Budget Volume One.book - Chief Executive Office ...

Treasurer and Tax Collector
Mark J. Saladino, Treasurer and Tax Collector
Treasurer and Tax Collector Budget Summary
TREASURER AND TAX COLLECTOR BUDGET SUMMARY
Mission Statement
The Department of Treasurer and Tax Collector (TTC) borrows
money on behalf of Los Angeles County and various school and
special districts, and receives, invests, and disburses funds
belonging to the County and more than 100 other public
agencies. TTC also collects various taxes, issues business
licenses, and enforces payment of most other debts owed to
the County. Through the Public Administrator operations, TTC
administers the estates of deceased County residents who die
without a qualified and willing estate administrator.
2011-12 Budget Message
The 2011-12 Recommended Budget reflects a net decrease in
net County cost of $229,000 primarily due to the elimination of
the 1994 Pension Obligation Bonds, partially offset by ongoing
funding for the annual maintenance costs of the Client and
Asset Management System (CAMS) and Board-approved
increases in salaries and employee benefits. Additional
one-time funding must be identified in Final Changes for the
final phase of the CAMS project in 2011-12. The retirement of
the 1994 Pension Obligation Bonds reflects both a reduction in
funding and expense. This funding is no longer required
TREASURER AND TAX COLLECTOR
Budget Summaries
FY 2009-10 FY 2010-11 FY 2010-11 FY 2011-12 FY 2011-12 CHANGE FROM
CLASSIFICATION ACTUAL ESTIMATED BUDGET REQUESTED RECOMMENDED BUDGET
FINANCING USES
SALARIES & EMPLOYEE BENEFITS $ 43,389,215.84 $ 44,550,000 $ 46,449,000 $ 44,978,000 $ 44,677,000 $ (1,772,000)
SERVICES & SUPPLIES 23,268,964.93 24,727,000 23,827,000 28,323,000 24,755,000 928,000
OTHER CHARGES 286,015.26 431,000 464,000 468,000 465,000 1,000
CAPITAL ASSETS - EQUIPMENT 89,064.67 100,000 100,000 100,000 100,000 0
GROSS TOTAL $ 67,033,260.70 $ 69,808,000 $ 70,840,000 $ 73,869,000 $ 69,997,000 $ (843,000)
INTRAFUND TRANSFERS (10,094,387.33) (9,404,000) (10,670,000) (9,760,000) (10,587,000) 83,000
NET TOTAL $ 56,938,873.37 $ 60,404,000 $ 60,170,000 $ 64,109,000 $ 59,410,000 $ (760,000)
REVENUE 36,389,619.36 39,769,000 40,554,000 41,488,000 40,023,000 (531,000)
NET COUNTY COST $ 20,549,254.01 $ 20,635,000 $ 19,616,000 $ 22,621,000 $ 19,387,000 $ (229,000)
BUDGETED POSITIONS 536.0 517.0 517.0 518.0 518.0 1.0
FUND FUNCTION ACTIVITY
GENERAL FUND GENERAL FINANCE
because this debt obligation has been fully paid. Elimination of
this funding and its equivalent expense does not impact the
Department’s operating budget.
Critical/Strategic Planning Initiatives
The following are examples of the Department’s continuing
efforts to create efficiencies, work collaboratively with other
departments, and maximize revenue:
■ Entered into a collaborative effort with the Los Angeles
County Superior Court to provide remittance processing for
traffic tickets and citations, resulting in more timely and
efficient processing and depositing for the Superior Court;
■ Reduced unnecessary telecommunications costs and
■
equipment by reducing cellular telephone inventory by
25 percent, voice/data lines by 15 percent, fax machines by
five percent, and post office boxes by two percent;
Received, in October 2010, the “Best Service Improvement
Award” by the Los Angeles County Quality and Productivity
Commission in recognition of TTC’s collaborative efforts with
other County departments in the development and
coordination of various collection programs, which resulted in
additional collections in excess of $3.7 million;
FY 2011-12 Recommended Budget Volume One 58.1 County of Los Angeles