Minutes 09-23-2010 - Laserfiche WebLink

Browse Search

Attachment 4b— Fiscal Year 2010 Expenditures and Fund Balance - Expenditures were $7.1 million less than budget or 96.2% of budget - Expenditures were less than revenue by $1.1 million, which represents an increase in total fund balance for the fiscal year. - Available fund balance is estimated at $21.8 million of 11.7% of General Fund expenditures and transfers. - Undesignated Fund Balance is estimated at$21.4 million or 11.5% General Fund expenditures and transfers. - Available fund balance is $836,300 higher than FY 2009. - Undesignated Fund Balance is estimated to increase 0.9% this year. If the same rate of increase is achieved over the next four years, Undesignated Fund Balance will grow to 16 percent depending on the General Fund Budget. Attachment 4c—Schedule of General Fund Expenditures - FY 2011 Budget is $6.2 million higher than the five-year average $169.1 million due mainly to debt service - The four-year average of General Fund expenditures totaled $174.1 million. The FY 2011 budget is $1.2 million more than the four-year average - The FY 2011 Budget represents a $10.6 million decrease from the FY 2010 Final Amended Budget. - Future impacts currently facing the County are potential reductions in the sales taxes, increases in Medicaid Hold Harmless, and reductions in any Federal and State revenues. Frank Clifton commended Clarence Grier and Michael Talbert for their diligence in the financial arena. He said that he credits them for getting Orange County on the right financial track again. He said that the process the County is following is aimed at giving the County more financial flexibility to deal with the issues it faces and taking it out of the crisis mode. The County has made some tough decisions this year— reduced program funding, dealt with non- profits, eliminated over 50 positions in County government, early retirement, restructured County departments and consolidated, etc. The goal is to make sure that the County is in a position to pay for programs in the future. Jamezetta Bedford asked if they could discuss the dental cuts. Mike Kelly said that the state reduced funding for the oral health program. He asked if there was some consensus for the school board to address this issue with the State and to try to look for a solution so that the children have this service. Frank Clifton said that the Board voted earlier this week to consolidate dental services into one location. The consolidation will be at the end of 2011. Jamezetta Bedford said that several of them attended the District 5 School Board Association Meeting and there was a legislative panel. They asked the panel about this issue and educational issues and the panel was woefully uninformed. She said that these three boards need to really focus this year in working as three bodies to inform the legislature how these cuts are affecting schools and other services. Annetta Streater made reference to the issue of discontinuation of public health services to wealthier counties, she said that general language related to wealth had something to do with it, but there were also some other criteria that were examined. She said that there was also some consideration of the existence of a dental school in this County and the type of outreach done by the students. She said that it is not entirely because Orange County is a high wealth county. She said that the other counties are in a worse situation. Debbie Piscetelli said that it is extremely unfortunate because many people are referred to the Health Department through these checks at school.