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HomeMy WebLinkAboutAgenda - 01-29-2009 - Attachment 6 Attachment 6 Orange County Board of County Commissioners Retre January 10,2009 Items for Board Consideration in Developing FY 2009-10 Budget Guidelines 1. Tax Rate Increase or no increase in revenue neutral rate xpp,opoauonnnandatnd. 2. Debt Service Timing Discretionary Plan issuance of dbt to minimize fiscal impact on FY 2009-10 by postponing issuance for Office/Library and CHCCS Elementary#11 until July 2009 ApprupoauonManxa�u. 3. Local School Districts-Current Expense Funding Funding Discretionary FY 2008-09 Divided by# Equals FY Current Expense Funding for FY Total Current FY 2008-09 2008-09 Per 2008-09 Expense Budgeted Student Funding Students Funding $00.582.479 18.932 G3.200 What does"no increase"mean? Divided by Maintaining same bottom line total FY 2008o9 Projected Equals for Current Expense-equates to Total Current Total#of Amount of$ lower per student funding(i.e.no Expense Students in Per Student increase in total General Fund) Funding pYoone-1o(1) $80.582.479 19.334 $3,133 Equates to Projected '- Decrease in Per Pupi| ($67) %Decrease in Per Pupil -2.1% Projected FY Divided by Same Per Student Funding-will 2009-10 Total Projected Equals equate to higher Current Expense Current Total#of Amount of$ funding level(i.e.increase of$1.2 Expense Students in Per Student million in total General Fund) Funding FY 2009-10(1) $61.868.800 19.334 $3.200 Equates to Increase in Current $1,286,321 Expense %Increase in Current Expense 2.1Y6 (1)Allows for increase of 402 new students-the average annual increase in actua student membership between school years 1999-00 and 2008-09. Appropriation Mandated, d 4. Local School Districts-Recurring Capital Funding Funding Discretionary Commissioners currently dedicate the equivalent of 2 cents on the tax rate to recurring capital for Chapel Hill Carrboro and Orange County Schools. Does the Board want to defer some portion or all of this dedication inFYzOnn'1O? FY 2008-09 Recurring Capital Funding for FY Total 2008-09-equivalent of 2 cents on Recurring FY 2008-09 ad valorem tax rate Capital Funding $2.570.535 Orange County Board of County Commissioners Retreat January 10,2009 Items for Board Consideration in Developing FY 2009-10 Budget Guidelines 5 Appropriation Not Mandated. Fair Funding for Schools • Funding Discretionary Does the Board want to defer some portion or all of this dedication in FY 2009-10? Fair Funding for School Health and FY 2008-09 Safety Resources for FY 2008-09- Total Fair equivalent of.77 cents on FY 2008- Funding 09 ad valorem tax rate Allocation $988,000 8 Appropriation Not Mandated, Contributions to Non-Profit Funding Discretionary Agencies Does the Board want to maintain or reduce current year funding levels? Total FY 2008-09 Dedicated to Non- 2008-09 FY Profit Agencies-equivalent of 1.22 Funding cents on FY 2008-09 ad valorem tax Allocation rate $1,568,413 7 Appropriation Not Mandated, Contributions to Towns for Library Funding Discretionary and Recreation Services Does the Board want to maintain or reduce current year funding levels? Total FY 2008-09 Contributions to FY 2008-09 Towns for Library and Recreation Funding Services-equivalent of.3 cents on Allocation FY 2008-09 ad valorem tax rate $375,141. 8. Funding Discretionary Employee Compensation What direction does the Board want to provide to staff with regard to County employee compensation in FY 2009-10? Components indude: Results of Classification and Pay Study Cost of Living Increases • Pay for Performance Health and Dental Insurance . •