Minutes 05-22-2014 - Laserfiche WebLink

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