Agenda - 02-11-2010 - 1 - Laserfiche WebLink

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b) Board Priorities and Exchanges In addition to developing guiding principles at the January 2009 retreat, Commissioners approved priorities for the County to pursue in FY2009-10. Attachment 2 reflects, in priority the approved goals and priorities of the Commissioners. The County Manager continued to emphasize and recommended the Board consider funding for the priorities separately from other budget components reductions. In accordance with the Board's guiding principles from recent years, no new services can be added without exchanging them for current services or increasing taxes. In upcoming budget work sessions, staff will provide details about fiscal impacts to the goals and priorities established at this work session. 3) BOCC FY 2010-11 Budget Decisions and Guidance Recommended Board Action -The County Manager recommends the Board make decisions that provide direction to staff in developing the FY 2010-11 budget. Staff highlighted historical trends in Orange County's revenues and appropriations at the Board's November 14, 2009 retreat. During that conversation, staff engaged the Board in a preliminary conversation about a number of budget drivers, including a target tax rate and funding for schools that would affect the upcoming budget for FY2010-11. Attachment 3 is a copy of the preliminary known issues in preparing the FY2010-11 budget. Some of the major issues influencing the FY2010-11 budget are as follows: • Property and Sales Tax Growth is expected to remain stagnant with only an anticipated increase of .50%. • Salaries will be budgeted at 100%. • Increases in fringe benefits and retiree cost of $1.9 million in FY2010-11. • Debt service costs will increase approximately $2.5 million in FY2010-11. This handout highlights a number of budget drivers that will influence the upcoming budget. The County Manager recommends Commissioners make decisions at tonight's work session to guide in developing the FY 2010-11 budget. 4