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~ 4 ~ MINUTES ORANGE COUNTY BOARD OF COMMISSIONERS ,. .; BUDGET WORK SESSIONS AND PUBLIC HEARING -.. JUNE, 1988 BUDGET WOR. SESSION ~, JUNE ~ 1988 The Orange County Board of Commissioners met on June 14, 1988 at 9:00 a.m. in the Agriculture Extension Meeting Room for the purpose of holding a budget work session. BOARD MEMBERS PRESENT: Chair Shirley E. Marshall and Commissioners Moses Carey, Jr., Stephen Halkiotis, John Hartwell and Dan Willhoit. STAFF PRESENT: County Manager John M. Link, Jr., Assistant County Managers William T. Laws and Albert Kittrell, Clerk to the Board Beverly A. Blythe, Data Processing Director Keith Brooks, Deputy Finance Office Ken Chaviaus, Personnel Analyst Darlene Fattish, Furchasing Director Pam Jones, Director of Finance Ellen Liston, Budget Analyst Donna Wagner and Personnel Director Beverly Whitehead. County Manager John Link focused on four areas: (1) Financial pictuxe - what is projected in the fund balance, the review of the CIF and how the County can fund the debt of a bond issue (2) Review the budget document program by program and highlight the major expansion items, personnel and proposed capital increases (3) Department heads or members of advisory boards will make comments (4) Gapital projects, fire districts and compensation package In answer to a question from Commissioner Hartwell, John Link explained how the ~: ;concerns at the Cedar Grove Center would be addressed. Ellen Liston gave an overview of the four key components of the budget document 9.ncluding (1) education, (2) human service funding, (3) outside agencies and (4) CIP increased funding. The method for calculating fund balance and the appropriation from fund balance were discussed. John Link suggested that the County continue to use appropriations from fund balance in future years for recurring capital needs. This is a variable source of revenue. If this amount is too low, other steps may have to be taken in future years. The Board discussed the methodology to use in future years in determining the fund balance and it was decided to stay with method #2. The Equipment Replacement Fund was discussed. The five year CIP and the two options of (1) bond issue and (2) pay-as-you-go as well as other funding sources were discussed. Ellen Liston went through the revenues and the projections for next year. John Link stated that in looking at the County's financial condition, he is stressing that an eight percent fund balance be maintained in future years. He suggested the following policies be considered: (1) Maintain a minimum of 8$ fund balance (2) Use the appropriated fund balance for capital (3) Use a part of the 1/2 cent sales tax for debt service