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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: April 7, 2011 <br />Action Agenda <br />Item No. 3 <br />SUBJECT: Fiscal Year 2011-12 Budget Drivers <br />DEPARTMENT: Financial Services PUBLIC HEARING: (YIN) No <br />ATTACHMENT(S): <br />INFORMATION CONTACT: <br />Frank Clifton, 919-245-2306 <br />Clarence Grier, 919-245-2453 <br />PURPOSE: To receive information in regards to the budget drivers for the upcoming fiscal year <br />2011-12 General Fund Budget. <br />BACKGROUND: At the first Budget Work Session in February 2011, we provided information <br />on possible budget impacts, based on the information available at that time, while anticipating <br />the affects on the upcoming FY2011-12 budget process. The information presented at this work <br />session will update the previous information based on the budget requests submitted by each <br />County department. Additionally, new information from the State and our Health Insurance <br />provider has become available, which will impact the budget preparation. <br />We currently anticipate the FY2011-12 General Fund budget to be approximately $176 million. <br />Although this is the amount we anticipate the budget to be, several major budget dividers that <br />will need to be addressed before we can finalize the budget have come to our attention. <br />Possible known budget drivers for the FY2011-12 budget are as follows: <br />• Employee and Retiree Health Insurance increases - up to 25% $1.7 million <br />• Jail Fees -potential loss of revenues (Misdemeanants} 1.8 million <br />• Misdemeanant expenses added <br />• Total budget impact <br />1.6 million <br />$5.1 million <br />This represents 4.07 cents on the current property tax rate for the FY2011-12 budget. <br />