Agenda - 06-15-1999 - III - Laserfiche WebLink

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1 . Scenarios involving the possible reallocation of revenue equivalent to one cent, one half cent, and one third cent on the tax rate from County capital projects to school/parks reserve (Attachment 1) 2. County contribution for Fairview Community Policing Center (Affachment'2) 3. Contract for Roof Repair Specifications/Design (Attachment 3 — carried forward from May 11 work session agenda) 4. Smith Middle School Athletic Fields (Attachment 4 — preliminary consideration at May 11 work session) 5. New OCS Elementary Athletic Fields 6. School/Parks Reserve Use Policy (Attachment 5 — follow-up from May 11 work session) Staff will prepare appropriate capital project ordinances for the Board's adoption at the June 21 regular meeting. Many of those will involve projects, both County and school, that have been fully funded in 1998-99 and prior years but require authorization for expenditures as work continues in the new fiscal year. There will also be some school or County projects which will require ordinances to be adopted so that 1999-2000 funds allocated in the new CIP can be expended beginning this summer. Finally, there will be various County and school projects for which ordinances will need to be adopted that appropriate only a portion of the allocated funds, pending the completion of the value engineering process for those projects. I. Tax Rate At this point in the Board's June 15 deliberations, the Board will discuss the tax rate. In this discussion, the Board is reminded of the various budget scenarios included in Budget Appendix F. For the Board's use as it considers the budget for 1999-00, the Board will be provided under separate cover a "Summary of Budget Decisions" chart for use in recording the Board's budget mark up or mark down decisions during its deliberations. J. Resolution of Intent to Adopt 1999-2000 Budget At its last budget work session each year, the Board typically adopts a "resolution of intent" outlining changes to the Manager's recommended budget and enumerating the major features to be incorporated in the annual budget ordinance (tax rates, per pupil allocations, etc). Enclosure 7 is a sample format the Board may wish to follow in developing the parameters of the 1999-2000 operating budget. FINANCIAL IMPACT: The Board's decisions on the topics listed will provide the basic structure for the 1999-2000 budget, which will be formally adopted at the June 21 regular meeting. RECOMMENDATION(S): The Manager recommends that the Board discuss and deliberate on the budget topics noted; provide appropriate direction to staff; and adopt a "resolution of intent" outlining the major elements of the 1999-2000 Budget Ordinance.