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Orange County Budget <br />08/30/07 <br />County Medicaid RelieflSales Tax Swap Staff Analysis <br />Fiscal Years 2007.08 through 2011.12 <br />Footnotes fo spreadsheet on page 1 <br />t~l In accordance with the Medicaid Relief legislation, the State plans to assume each County's Medicaid expenditures. <br />The plan is aphased-in plan implemented over a 3-year period beginning fiscal year 2007-08. Projected Medicaid <br />expenditures are based on State expenditure estimates. The chart below outlines the State's phased-in plan. <br />1(Fiscal Year 2007.08) -State assumes 25% of Medicaid costs (beginning October 1, <br />2 (Fiscal Year 2008.09) -State assumes 50% of Medicaid costs (beginning July 1, <br />3 (Fiscal Year 2009.10} -State assumes 100% of Medicaid costs (beginning July 1, <br />t21 Analysis of Public School Building Fund (PSBF) for Fiscal Year 2007- <br />08 <br />State's Projection of Orange County's Share of $1,104,647 <br />PSBF Monies for Fiscal Year 2007-OB <br />Amount of PSBF Monies That State Plans to ($457,024) <br />Take in Fiscal Year 2007-OB <br />Updated Amount of PSBF Monies Orange <br />County Anticipates Receiving in Fiscal Year $647,623 <br />2007.08 <br />PSBF Revenue Anticipated in BOCC Approved <br />Fiscal Year 2007-OS Budget to Offset School $1,125,000 <br />Related Debt Service <br />Difference Between Amount of PSBF Monies <br />Orange County Anticipates Receiving in FY ($477,377) <br />2007.08 and Approved FY 2007.08 Budget <br />Page 2 of 3 <br />