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HomeMy WebLinkAboutAgenda - 06-08-2010 - 3ORANGE COUNTY BOARD OF COMMISSIONERS • ACTION AGENDA ITEM ABSTRACT Meeting Date: June 8, 2010 Action Agenda Item No. 3 SUBJECT: FY2010 -11 Annual Operating Budget Decision Items DEPARTMENT: County Manager and Financial PUBLIC HEARING: (YIN) No Services ATTACHMENT(S): INFORMATION CONTACT: 1. FY 2010 -11 Budget Adoption Decision Frank Clifton, (919) 245 -2300 Points. Clarence Grier, (919) 245 -2453 PURPOSE: For the Board to review and discuss the Manager's Recommended FY2010 -11 budget related to the County's fire districts and capital projects. Additionally, the Board will •make decisions regarding the FY2010 -11 Orange County Annual Operating Budget and approve a Resolution of Intent to Adopt the FY2010 -11 Orange County Annual Operating Budget. BACKGROUND: The County Manager released the FY2010 -11 recommended budget on May 18, 2010. Subsequently, the Board has conducted two public hearings to receive residents' comments regarding the proposed funding plan. In addition to the public hearings, the Board heard presentations and held discussions with the local boards of education, representatives of the community college, and County department directors as related to the proposed funding plan for FY2010 -11. Tonight's Agenda Tonight's work session offers the Board an opportunity to discuss the recommended budget funding plans for County Fire Districts and Capital Projects. As soon as these discussions are completed, the Board will deliberate and make decisions regarding the FY2010 -11 Annual Operating Budget. Attachment 1 identifies specific items the Board would need to decide upon during tonight's work session. The Board is scheduled to adopt the final FY2010 -11 Annual Operating Budget for Orange County at its regular meeting on June 15, 2010. FINANCIAL IMPACT: To be determined as the Board finalizes the FY2010 -11 Annual Operating Budget. • RECOMMENDATION(S): The Manager recommends the Board make decisions regarding the FY2010 -11 Orange County Annual Operating Budget and approve a Resolution of Intent to Adopt the FY2010 -11 Orange County Annual Operating Budget. n LJ • • Orange County, NC FY2010 -11 Budget Adoption Decision Points June 8, 2010 Decision Point 1 Mark Up /Mark Down Items for the County's FY 2009 -10 Annual Operating Budget and Outside Agencies Funding for Chapel Hill - Carrboro City Schools and Orange County Schools • Current Expense (Per Pupil) Funding Decision Point 2 • Recurring Capital • Long -Range Capital • Fair Funding Tax Rate Decisions • Ad Valorem Tax Rate Decision Point 3 . Chapel Hill Carrboro City Schools Special District Tax Rate • Fire District Tax Rates