Loading...
HomeMy WebLinkAboutAgenda - 06-14-2011 - 2ORANGE COUNTY • BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: June 14, 2011 Action Agenda Item No. 2 SUBJECT: FY2011-12 Annual Operating Budget Decision Items DEPARTMENT: County Manager and Financial PUBLIC HEARING: (Y/N) No Services ATTACHMENT(S): ~ INFORMATION CONTACT: 1. FY 2011-12 Budget Adoption Decision Frank Clifton, (919) 245-2300 Points Clarence Grier, (919) 245-2453 PURPOSE: For the Board to review, discuss and make decisions regarding the FY2011-12 Manager's Recommended Orange County Annual Operating Budget and approve a Resolution • of Intent to Adopt the FY2011-12 Orange County Annual Operating Budget. BACKGROUND: The County Manager released the FY2011-12 Recommended Budget on May 17, 2011. 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 representatives of the County fire districts, the local boards of education, representatives of the community college, and County department directors as related to the proposed funding plan for FY2011-12. Tonight's Agenda Tonight's work session offers the Board an opportunity to discuss the recommended budget. As soon as these discussions are completed, the Board will deliberate and make decisions regarding the FY2011-12 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 FY2011-12 Annual Operating Budget for Orange County at its regular meeting on June 21, 2011. FINANCIAL IMPACT: To be determined as the Board finalizes the FY2011-12 Annual Operating Budget. RECOMMENDATION(S): The Manager recommends the Board make decisions regarding the • FY2011-12 Orange County Annual Operating Budget and approve a Resolution of Intent to Adopt the FY2011-12 Orange County Annual Operating Budget. Attachment 1 • Orange County, NC FY 2011-12 Budget Adoption Decision Points June 14, 2011 • Mark Up/Mark Down Items for the County's FY 2011-12 Annual Decision Point 1 Operating Budget and Outside Agencies Decision Point 2 County Fee Schedule Decisions Funding for Chapel Hill -Carrboro City Schools and Orange - County Schools • Current Expense (Per Pupil) Funding Decision Point 3 Recurring Capital • Long-Range Capital • Fair Funding Tax Rate Decisions • Ad Valorem Tax Rate Decision Point 4 Chapel Hill Carrboro City Schools Special District Tax Rate • Fire District Tax Rates •