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FINANCIAL IMPACT: Financial impacts are included in the Background section. <br />RECOMMENDATION(S): The Manager recommends the Board of County <br />Commissioners: <br />1. Receive an update from staff regarding the County's current FY2009-10 fiscal <br />status. <br />2. Receive information regarding staff activity to-date in preparing for the upcoming <br />FY2010-11 <br />3. Make decisions that provide direction to staff in developing the FY2010-11 budget. <br />(A) Board stance related to increasing the property tax rate vs. <br />reducing service levels, programs or support for external agencies. <br />(B) Board stance on pursuing the option '/4 cent local sales tax in <br />support of specific programs or services (Manager input). <br />(C) Board stance on a deferral, delay on readdressing proposed <br />capital projects. <br />(D) Other discussion/direction at the option of the board. <br />5 <br />