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HomeMy WebLinkAboutAgenda - 04-08-2010 - 2 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 8, 2010 Action Agenda Item No. 2 SUBJECT: FY 2010-11 Budget Work Session DEPARTMENT: County Manager and Financial PUBLIC HEARING: (Y/N) No Services ATTACHMENTS): INFORMATION CONTACT: Attachment 1. FY 2010-11 Projected Budget Frank Clifton, (919) 245--2300 Funding Issues .` i Clarence Grier, (9'19) 245-2453 PURPOSE: For the Board to make decisions regarding development of the FY 201 0-11 budget. BACKGROUND: 1) Current Year Fiscal Update ■ Recommended Board Action - The County Manager recommends the Board receive an update from staff regarding the County's current FY 2009--10 fiscal status. a) Revenues - Overall revenue collections are ahead of where they should be at this point in the fiscal year. i} Real Property Taxes - Preliminary reports indicate property tax revenues year-to-date are ahead of the prior years' collection rates. Of the $122.3 million budgeted for real property taxes, the Tax Administration Office has collected about 100.5% of total budget or $'123 million as of March 31, 20109 an increase of$5.5 million over the previous fiscal year. 2) FY 2010-11 Budget Activity to Date • Recommended Board Action - The County Manager recommends the Board receive information regarding staff activity to-date in preparation for the upcoming FY2010.11 budget. The FY2010--11 Budget process presents another year of challenges. On the revenue side, we anticipate little or no growth in the county's tax base. The normal growth in the real property valuation will be offset by decreases in motor vehicle valuations, foreclosures and bankruptcies. Additionally, the Commissioners have expressed a continued desire to avoid a tax rate increase. In regards to expenditures, departments have submitted their budget requests. Total projected revenues are expected to be $'174.2 million. Preliminary departmental requests for FY2010--11 total $187.5 million. Thus, we have a $'13.4 million difference between requests and estimated revenues. This is an increase of $7.7 million over our previous projection. It is stressed that this gap is prior to the County Manager doing a formal review of each department's proposal and developing the Manger's recommended budget. Variations from previous estimates are highlighted in Attachment 1. As discussed in prior meetings, the Manager is obligated to provide the county Commission a balanced budget recommendation. Doing so, will involve significant changes in how Orange County approaches many services and programs from past practices. Difficult choices will demand dramatic decisions be made. Revenues • Sales tax losses of $1.9 million. • Reduced impact fees of $1 million. • Losses of intergovernmental revenues of approximately $1 million. Expenditures $1.4 million for new EMS staff to reduce emergency response time. • $1.75 million increase in current expenses for both School Systems. • $1.5 million for new capital equipment and vehicles. a] county Manager FY2010-11 Budget Preparation Directions to Departments In order to balance the FY2010-11 budget goals and meet the anticipated priorities, it will be necessary to decrease future spending levels and programs. Because of this, the County Manager has provided the following direction to department directors as they prepare for their FY 2010-11 budget meetings. Departments should submit FY2010-11 budget requests reflecting core services only. The dollar amount or potential percentage decreases will be 15% in order to balance the FY2010--11 budget. Department heads are expected to look critically at their department and propose reductions in, and in some instances elimination of, programs; non-mandated services and activities to achieve a balanced budget. Attachment General Fund 2010/2011 Projected Budget Funding Issues Preliminary 2009/2010 2010/2011 2010/2011 Difference Expenditures $ 177,589,039 $ 177,724,539 $ 1777724,539 Add County Attorney $ 99,500 Sanitation convenience Ctrs $ 369000 Budget 100%Salaries $ 11165,200 $ 11165,200 $ New EMS Response Time(staff) $ 1,400,000 (1) $ 1,400,000 Schools Current Expense $ 11745,000 (2) $ 17745,000 Net New Debt $ 21511,656 $ 218549862 $ 3439206 Retirement $ 656,289 $ 695,000 $ 38,711 Vehicles&Equipment $ 500,000 $ 11560,000 (1) $ 170509000 Employee Benefits Increase $ 315,000 $ 235,000 $ (80,000) Transfer To CI P Library $ 245,000 $ 2459000 $ - Retiree Incentive Savings $ 900,000 $ 900,000 $ - Energy Costs Increase $ 1009000 $ - (1) $ (100,000) Rebuild Fund Balance $ 400,000 $ - $ (400,000} Additions $ 135,500 $ 5,7939145 $ 10,800,062 $ 49006,917 Less Possible Positions Eliminated $ 9129134 $ 912,134 Deductions $ 9121134 $ 912,134 $ - . . .... . ....:.:.::. Total Expenditures 1.8`7,87 2,467 $ 410069917 Revenues $177,589,039 $ 177,589,039 $ 177,589,039 $ Add Property Tax Growth $ 615,000 $ 11400,000 $ 785,000 Sales Tax growth $ 72,500 $ (17900,000) $ (11972,500) Intergovernmental Revenues $ (11000,000) $ (11000,000) Impact Fees $ (11000,000) $ (1,000,000) Charges for Services&Fees $ 150,000 $ (348,000) $ (498,000) Fund Balance Applied $ 135,500 Additions $ 1359500 $ 837,500 $ (29848,000) $ (39685,500) Less Investment Income $ 500,000 $ 500,000 $ - Deductions $ 500,000 $ 500,000 $ - Total Revenues .. .. . ..: .. $1770926,539 $174,241,03W (3>685>500) Budget over/Short $ - $ (5,579,0"1'1) $ (13,371,428; $ (71692,417) (1)Revised based on Departmental Requests (2)Based on requests from CHCCS for a$46/student increase and 279 new students for both school systems