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

■ Continued to focus on improving the collections of delinquent
accounts receivable, including the utilization of eCommerce to
accept credit cards;
■ Identified, in collaboration with the Auditor-Controller and the
Chief Information Office, the need to replace disparate legacy
property tax systems with an Integrated Property Tax System,
Changes From 2010-11 Budget
Gross
Appropriation
($)
TREASURER AND TAX COLLECTOR
Budget Summaries
also known as eTAX. The new system will incorporate all tax
rolls with a common database to provide faster and reliable
access to property data and improve information integrity and
timeliness for updating information; and
■ Continued to implement the electronic presentment of paper
checks to the Treasurer’s depository banks.
Intrafund
Transfer
($)
Revenue
($)
Net
County Cost
($)
2010-11 Final Adopted Budget
New/Expanded Programs
70,840,000 10,670,000 40,554,000 19,616,000 517.0
1. CAMS: Reflects ongoing funding for the annual
maintenance costs of the system provided by the
Internal Services Department.
900,000 -- -- 900,000 --
2. Treasury Program: Reflects the addition of 1.0 Finance
Analyst position to support the workload increase and
perform new tasks associated with restructuring the
County’s Deferred Income Program investment options.
Curtailments
1. Credit Card Acceptance for Collections: Reflects an
anticipated increase in revenue due to the acceptance
of credit card payments for accounts in collections debt
needed to address the County’s projected structural
deficit for fiscal year (FY) 2011-12.
Other Changes
1. Salaries and Employee Benefits: Primarily reflects
Board-approved increases in health insurance subsidies.
2. Retirement Debt Service: Reflects the elimination of
the Department’s proportional share of the costs
associated with the issuance of the 1994 Pension
Obligation Bonds. The bonds were fully paid in
FY 2010-11.
3. Retiree Health Insurance: Reflects changes due to a
projected ten-percent (10%) increase in insurance
premiums in FY 2011-12 and the fourth year of a
four-year plan to recover the one-time augmentation
provided to departments in FY 2007-08 to assist in the
transition from the use of retirement surplus earnings to
subsidize retiree insurance costs.
4. Deferred Compensation: Reflects an overall decrease
in deferred compensation plan costs due to reduced
County contribution rates along with a corresponding
decrease in the County’s total annual contribution limit
as approved by the Board of Supervisors.
5. Unavoidable Costs: Reflects a net increase in workers’
compensation and long-term disability costs partially
offset by a decrease in unemployment insurance costs
based on historical experience.
FY 2011-12 Recommended Budget Volume One 58.2 County of Los Angeles
Budg
Pos
125,000 -- 125,000 -- 1.0
28,000 -- 56,000 (28,000) --
335,000 96,000 145,000 94,000 --
(2,616,000) (269,000) (1,144,000) (1,203,000) --
47,000 -- 87,000 (40,000) --
(404,000) (73,000) (218,000) (113,000) --
204,000 51,000 153,000 -- --