Orange County NC Website
Browse       Search
Frank Clifton asked about meeting to discuss agency criteria and Chair Foushee said <br /> that this should probably be included in a work session for discussion. <br /> 2. FY 2010-11 Projected Budget Funding Issues <br /> Clarence Grier said that in February when the Board had its first budget work session, <br /> some things have changed to Orange County's detriment. He said that departments have cut <br /> budgets 15%. It was originally thought that the County was only down about $5 million, but <br /> now it is $13.9 million. <br /> Preliminary reports indicate property tax revenues year-to-date are ahead of the prior <br /> years' collection rates. Of the $122.3 million budgeted for real property taxes, the Tax <br /> Administration Office has collected about 100.5% of total budget or$123 million as of March <br /> 31, 2010, an increase of $5.6 million over the previous fiscal year. The vehicle taxes are right <br /> at budget at this time. Regarding the sales tax, for the last 5-6 months they were hearing that <br /> the County would get Article 33 sales tax of $2.6 million, and it did not. He said that local <br /> revenues are down due to slow reimbursement. <br /> Frank Clifton said that all of the programs the County operates with Medicaid are paid <br /> in arrears, so there is a cash flow issue here. <br /> Clarence Grier said that the departments have been fiscally frugal this year and the <br /> County will be fine at the end of this year, but he is worried about next year. <br /> Total projected revenues are expected to be $174.2 million. Preliminary departmental <br /> requests for FY 2010-11 total $187.6 million. Thus, we have a $13.4 million difference <br /> between requests and estimated revenues. This is an increase of $7.7 million over our <br /> previous projection. It is stressed that this gap is prior to the County manager doing a formal <br /> review of each department's proposal and developing the Manager's recommended budget. <br /> Frank Clifton said that these numbers would change as he goes through the budget, <br /> because these numbers are based on current budget requests. He said that the County has <br /> several reserved funds throughout the County and these will be part of the budget solution, <br /> unless they are mandated by statute. He said that the departments have done well so far, and <br /> now there needs to be a discussion with the schools. <br /> A motion was made by Commissioner Hemminger, seconded by Commissioner Jacobs <br /> to adjourn the meeting at 8:39 PM. <br /> Valerie Foushee, Chair <br /> Donna S. Baker, CMC <br /> Clerk to the Board <br />