Agenda - 06-05-2008- - Laserfiche WebLink

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4 123,000 residents ~= The recommended funding level for Education allows sufficient funds to provide salary increases for locally paid teachers and classified staff at the amounts included in the Governor's budget released earlier this month. Last week, legislators discussed providing lower salary increases for those personnel. ~~: Recommended salaries and benefits for the County's permanent and temporary employees make up 53% of the County's share General Fund. o $139,000 provides for transitioning long term temporary employees to permanent status. o $156,346 provides salary and benefits for six new positions to staff new County facilities o $1,070,966 provides salaries and benefits of other recommended new ad valorem supported permanent staff o $1,273,744 provides health insurance coverage for our retirees -the equivalent of just over one cent on the tax rate o $1.08 million provides workers compensation and unemployment insurance coverage for County staff o $47.3 million maintains the County's current permanent staffing levels and provides for cost of living adjustments, pay for performance and increased costs of health insurance ~: General Fund debt service in FY 2008-09 totals $26.1 million with 75% of that amount allocated to repay school related debt and the remaining 25% repaying county related debt. Repayment of debt equates to 20.5 cents of the FY 2008-09 recommended tax rate. ~: Public assistance accounts for 3.5% of the County's share of the recommended General Fund budget at a cost of $3.4 million :~ Anticipated savings in Medicaid expenditures (the largest component of our Public Assistance budget) fall short of the amounts projected by State fiscal analysts last August. Last August, State analysts projected in FY 2008-09 Orange County would realize Medicaid savings resulting from Medicaid Relief of $2.4 million. Those savings projections were based on the assumption that Orange County budgeted the full amount of Medicaid funding, $4.5 million, as recommended by the State for fiscal year 2007-08. However, during budget balancing deliberations last June, the Board anticipated that the State would provide Medicaid relief to counties, and reduced the Manager's Recommended funding level of $4.5 million to $4 million. This, coupled with recalculated Medicaid expenditures resulting from the economic slowdown, results in actual savings in FY 2008=09 of $1.65 million compared to August 2007 projections of $2.4 million. Funding for day-to-day operations of county government including fuel for vehicles, utilities for buildings, supplies for staff and clients, etc., equates to $24.5 million or 25.5% of the County's share of the General Fund. o Included in the day-to-day operations component of the budget are non-personnel related costs totaling $3 million associated with opening eleven new facilities in the upcoming fiscal year.