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Orange County Budget
<br />08!30/07
<br />tai Analysis of Sales Tan Losses
<br /> 2008.09 2009.10 2010.11 2011.12
<br />Orange County Impact • Loss of Article 42 & 44 Sales Taxes
<br />Coun Loss of Article 44 Sales Tax $1,871,909 $4,683,837 $5,725,480 $6,022,221
<br />Coun Loss of Article 42 Sales Tax $0 $726,004 $753,656 $783,802
<br />County Reimbursement to Municipalities of Article 44 Sales Tax (i.e. ($773,044) ($2,927,908) ($3,992,934) ($4,194,568)
<br />Munici alities Hold Harmless
<br />Total County Loss of Projected Article 44 Sales T ($2644,953) ($8,337,749) ($10,472,070) ($11,000,591}
<br />Distribution
<br />Munici al Im act - Loss of Article 44 Sales Tax
<br />Munici al Loss of Article 44 Sales Tax $1,158,622 $2,899,072 $3,543,799 $3,727,468
<br />Municipal Loss of Article 42 Sales Tax Due to Changes in $0 ($432,656) ($449,135) ($467,100)
<br />Distribution
<br />State's Projection of Article 44 Sales Tax Distributed to Municipalities $385,578 $403,820 $0 $D
<br />County Holtl Harmless Funds to Reimburse Municipalities for Loss of $773,044 $2,927,908 $3,992,934 $4
<br />194
<br />568
<br />Article 42 & 44 Sales Taxes ,
<br />,
<br />Net Impact on Municipalities' • loss of Articles 42 & 44 Sale $D $0 $0 $0
<br />Taxe
<br />t°I State sales taxes used to hold counties harmless if countywide sales taxes, including municipal hold harmless, exceed Medicaid savings; all counties guaranteed to benefit by at least $500,000
<br />t51 Analvsis of Proiected Orange Countv Medicaid Expenditures For Fiscal Year 2007.08
<br />State's Projection of Orange County's Medicaid Expenditures for $4,570,236
<br />Fiscal Year 2007-D8
<br />Orange County's Approved Medicaid Expenditure Line Item for Fiscal $4,025,236
<br />Year2007-08
<br />Difference Between FY 2007-OS State Medicaid Projections and ($545,000)
<br />A roved FY 2007.08 Bud et
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