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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: <br /> Action Agenda <br /> Item No. 4 <br /> SUBJECT: Fiscal Year 2013-2014 Budget Process <br /> DEPARTMENT: Finance and Administrative PUBLIC HEARING: (Y/N) No <br /> Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> A. FY2013-14 Budget Calendar Frank Clifton, 245-2305 <br /> Clarence Grier, 245-2453 <br /> PURPOSE: To provide the Board of County Commissioners an overview of the fiscal year 2013- <br /> 2014 budget process. <br /> BACKGROUND: Each year starting in December, we plan the current year's budget process to <br /> complete the capital and operating budget for the upcoming fiscal year. We have meetings with <br /> departments that are scheduled during the months of January through April that involve both <br /> capital and operating funding, respectively. <br /> The Capital Investment Plan is formulated and presented by mid-March of each year. The <br /> Manager's Recommended Operating Budget is formulated during the months of February <br /> through April of each year. <br /> Budget Work Sessions are held with the Board of County Commissioners during the months of <br /> March and April to discuss the capital and budget drivers for the Manager's Recommended <br /> Capital Investment Plan and the Manager's Recommended Operating Budget. This year we <br /> would have held or will have the following work sessions: <br /> March 12, 2013 - formal presentation of the Managers Recommended Capital Investment Plan <br /> April 11, 2013 - Continued discussions on the Managers Recommended Capital Investment <br /> Plan and discussion of operating budget drivers for the following: <br /> • Fringe Benefit Budget Operating Budget drivers including a discussion on health benefits <br /> contract renewal and retirees health insurance <br />