The Sheriff’s Office Revenue figures in FY 2018 came in slightly under budget; however, some of our more significant revenue streams remained healthy which kept us in a solid revenue position through the year ending on June 30, 2018. Although, we brought in $300,582 less than what we budgeted, we were 98% to budget in Revenues, which is the closest to budget we have been since Sheriff D’Agostini took office in 2011.
Some of the significant sources of Revenue for the Sheriff’s Office that off-set the use of General Fund in FY 2018 were as follows:
$8,687,736
$500,000
$512,526
$145,507
$460,692
$123,208
$97,700
The El Dorado County Sheriff’s Office Fiscal Year 2018 Revenue Budget was $15,972,774 and our Budgeted Expenditures were $67,916,955. In governmental accounting, the difference between an agency’s budgeted Revenue and budgeted Expenditures is the budgeted Net County Cost.
El Dorado County Sheriff’s Office’s Budgeted Net County Cost in FY 2018 was $51,944,181. At the end of FY 2018, the Sheriff’s Office was able to return a Fund Balance of $4,133,898 back to the County as budget savings.
Fiscal Unit
Revenue
Fiscal
5
The Sheriff’s Office Expenditures in FY 2018 were significantly under budget. In FY 2018, our expenditure budget had a $4,434,480 fund balance. Due to an industry standard vacancy rate of 5% to 6%, we consistently see fund balances in our Salaries and Benefits Cost Centers. Our fund balance in Salaries and Benefits in FY 2018 was $1,417,658. We also did a fantastic job staying under budget in our services, supplies and large equipment purchases, where we came in under budget by $2,079,002.
The Sheriff’s Office takes pride in spending what we need in a given fiscal year, not spending all we have. Fund Balances that we have achieved through fiscally conservative spending has allowed the County to offset costs for other important projects like the upcoming purchase of a new Records Management System.
Expenditures
State Public Safety ½ Cent Sales Tax
Shingle Springs Rancheria contract
Federal Revenue mainly from Grants
Other State revenue
Charges for Services
Boat Taxes
Alarm Permits