Orange County NC Website
Browse       Search
14 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: April 10, 2014 <br /> Action Agenda <br /> Item No. 3 <br /> SUBJECT: Budget Goals for Fiscal 2014/2015 <br /> DEPARTMENT: County Manager PUBLIC HEARING: (Y/N) No <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> A. Orange County Board of County Michael Talbert, 245-2308 <br /> Commissioners Budget Goals Fiscal <br /> 2014/2015 <br /> PURPOSE: To review and discuss Board of Commissioners Budget Goals for Fiscal <br /> 2014/2015. <br /> BACKGROUND: On January 31, 2014 the Board held a Retreat and discussed Budget Goals <br /> for Fiscal 2014/2015. Attachment 1 list the Board Goals in the priority order established at the <br /> retreat. The Board requested that the Manager provide an update on the Goals and provide the <br /> Board the opportunity to discuss the Budget Goal, for Fiscal 2014/2015. <br /> Budget Goals for Fiscal 2014/2015 <br /> 1. Defending the quality of public education <br /> The Board of County Commissioners has always ranked Education as the County's #1 priority, <br /> with an established target of 48.1 percent of the County General Fund Revenues for total <br /> education funding. This includes Current Expense, Recurring Capital, Long-Range Capital, <br /> School Debt Service and Fair Funding. The Fiscal 2013/2014 Budget included a total of <br /> $89,424,651 for Local School Systems Expenses or 48.99 % of the County's General Fund <br /> Revenues. <br /> 2. Insure our safety net services <br /> The Fiscal 2013/2014 Budget included $250,000 for a Social Justice Reserve Fund that can be <br /> used to offset State cuts to critical human services and other related programs. On December <br /> 2, 2014 the Board approved a transfer of $100,000 to the Social Services Department to cover <br /> the cost of crisis services for families served by the Department. A budget of$150,000 remains <br />