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HomeMy WebLinkAboutAgenda - 04-11-2013 - 4 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: Action Agenda Item No. 4 SUBJECT: Fiscal Year 2013-2014 Budget Process DEPARTMENT: Finance and Administrative PUBLIC HEARING: (Y/N) No Services ATTACHMENT(S): INFORMATION CONTACT: A. FY2013-14 Budget Calendar Frank Clifton, 245-2305 Clarence Grier, 245-2453 PURPOSE: To provide the Board of County Commissioners an overview of the fiscal year 2013- 2014 budget process. BACKGROUND: Each year starting in December, we plan the current year's budget process to complete the capital and operating budget for the upcoming fiscal year. We have meetings with departments that are scheduled during the months of January through April that involve both capital and operating funding, respectively. The Capital Investment Plan is formulated and presented by mid-March of each year. The Manager's Recommended Operating Budget is formulated during the months of February through April of each year. Budget Work Sessions are held with the Board of County Commissioners during the months of March and April to discuss the capital and budget drivers for the Manager's Recommended Capital Investment Plan and the Manager's Recommended Operating Budget. This year we would have held or will have the following work sessions: March 12, 2013 - formal presentation of the Managers Recommended Capital Investment Plan April 11, 2013 - Continued discussions on the Managers Recommended Capital Investment Plan and discussion of operating budget drivers for the following: • Fringe Benefit Budget Operating Budget drivers including a discussion on health benefits contract renewal and retirees health insurance 2 April 25, 2013 - Presentation of the Chapel Hill Carrboro City Schools and Orange County Schools Operating Budget presentation and funding requests from the County. May 9, 2013 - Presentation of budget drivers for the FY2013-14 the Managers Recommended Operating Budget and continued discussions of the Managers Recommended Capital Investment Plan, if necessary. May 21, 2013 - Presentation of the Manager's Recommended FY2013-14 Operating Budget May 23, 2013 - Budget Public Hearing — Hillsborough Commons, Hillsborough, NC May 30, 2013 - Budget Public Hearing — Southern Human Services Center, Chapel Hill, NC June 6, 2013 — Manager's Operating Budget discussions with both Schools Districts and County Departments June 11, 2013 — Manager's Operating Budget discussions with County Departments, Fire Districts, Non Departmental Allocations, Outside Agency Allocations, and Pay and Benefits Presentation June 13, 2013 — Manager's Recommended Operating Budget discussions including the following: • FY 2013-14 Annual Operation Budget Decision Items • Mark Up/Mark Down Items for the County's Annual Operating Budget and Outside Agencies • Funding for Chapel Hill Carrboro City Schools and Orange County Schools o Tax Rate Decisions 1. Ad Valorem Tax 2. Chapel Hill Carrboro City Schools Special District Tax 3. Fire District Tax Rates • Resolution of the intent to Adopt FY 2013-14 Annual Operating Budget and Resolution of Intent to Adopt FY 2013-18 Capital Investment Plan at the Board of County Commissioners Regular Meeting on June 18, 2013 June 18, 2013 - Adoption of the Commissioners Approved 2013-14 Annual Operating Budget and 2013-18 Capital Investment Plan. FINANCIAL IMPACT: There is no financial impact with receiving this information. RECOMMENDATION(S): The Manager recommends that the Board receive the above information and provide feedback to staff. 3 Attachment A Annual Operating and Capital Budget Calendar Fiscal Year 2013-14 Due Dates Operating Budget Kick-Off January 2013 Capital Investment Plan — Project Requests Due December 14, 2012 Capital Investment Plan — Projects summarized and presented Mid-January, 2013 to CIP Review Committee Capital Investment Plan — Committee recommendations sent Mid-February, 2013 to the Manager Revenues - Final date to enter year end estimates for current year and revenue projections for fiscal year 2013-14 into February 20, 2013 MUNIS Expenditures - Final date to enter year end estimates for current year and expenditure requests for fiscal year 2013-14 March 6, 2013 into MUNIS Expenditure Supporting Documentation - Final date to submit forms to Financial Services (Including Budget Request Excel March 6, 2013 spreadsheets, and applicable personnel related detail) Manager Presents 2013-18 Capital Investment Plan to March 12, 2013 Board of County Commissioners —Regular Work Session Manager Meetings With Department Heads to Discuss Budget March, April and May Requests 2013 CIP follow-up with BOCC —Budget Work Session. April 11, 2013 Budget Work Session May 9, 2013 Manager Presents Fiscal Year 2013-14 Annual Operating May 21, 2013 Budget to Board of County Commissioners Budget and Capital Investment Plan Public Hearings May 23, 2013 May 30, 2013 June 6, 2013 Budget Work Sessions June 11, 2013 June 13, 2013 Commissioners Adopt Fiscal Year 2013-14 Annual June 18, 2013 Operating Budget and 2013-18 Capital Investment Plan