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2 <br /> 1 Commissioner Price welcomed the new manager and said she looks forward to working <br /> 2 with her. <br /> 3 Commissioner Pelissier welcomed the manager. She hopes that Bonnie Hammersley <br /> 4 will bring new ideas to continue to make Orange County a creative and innovative county. <br /> 5 Commissioner Price said she was excited to start working with the new manager. She <br /> 6 said Michael Talbert will set her in the right direction. <br /> 7 Commissioner Dorosin said the only thing constant is change, and it is coming. He said <br /> 8 Bonnie Hammersley is part of this change, and he welcomes it. <br /> 9 <br /> 10 2. Presentation of County Manager's Recommended FY 2013-14 Budget (PowerPoint <br /> 11 Presentation) <br /> 12 A copy of the County Manager' Recommended FY 2014-15 Budget can be found at the <br /> 13 following website: http://www.orangecountync.gov/finance/index.asp <br /> 14 Michael Talbert said the proposed 2014-15 Fiscal Year budget is $195,638,505, which is <br /> 15 an increase of$7.9 million, or just over 4 percent. He said this budget does not include a tax <br /> 16 increase but does appropriate a significant amount of fund balance ($8.5 million). <br /> 17 He said the budget addresses the goals set at the retreat. He said the per-pupil funding is <br /> 18 recommended to go up $95, to $3,364 per pupil, which is a 2.9 percent increase. He said the <br /> 19 Board had a target of 48.1 percent, and this year's recommended budget is 49.3 percent. He <br /> 20 said the safety net services and target funds for child poverty are addressed, and these are <br /> 21 taken up in the social services and health department budget. He said there is also funding to <br /> 22 move the Rogers Road Sewer project forward. He said there is also $3 million in year 2 of the <br /> 23 CIP to fund the County's share of this sewer project. <br /> 24 He said there will be pressure in future years to raise taxes, with the possible bond <br /> 25 referendum, the property revaluations in 2017, and over $300 million in older school needs. <br /> 26 <br /> 27 Clarence Grier presented the following PowerPoint slides: <br /> 28 County Manager's Recommended FY 2014-15 Annual Operating Budget and Capital <br /> 29 Investment Plan <br /> 30 Presentation <br /> 31 Southern Human Services Center, Chapel Hill <br /> 32 Orange County, NC <br /> 33 May 20, 2014 <br /> 34 <br /> 35 Guiding Principles <br /> 36 • Balances County's operating budget without a property tax rate increase—6th <br /> 37 Consecutive Year <br /> 38 • Provides funding for County services at current levels <br /> 39 • Funds local school districts enrollment growth, operational funding and debt <br /> 40 service. <br /> 41 • <br /> 42 Recommended General Fund Budget <br /> 43 Totals $195.6 million <br /> 44 • Represents an increase of$7.9 million from original current year budget of <br /> 45 $187.7 million, which is a 4.21 percent increase from previous year original <br /> 46 budget <br /> 47 • Represents a $2.1 million decrease in the current year's amended budget <br /> 48 <br /> 49 Components of General Fund Budget <br /> 50 General Fund Revenues $187,131,286 <br /> 51 General Fund Unassigned Fund Balance $8,507,219 <br />