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Orange County Budget
<br />08/30/07
<br />t3) Analysis of Sales Tax Losses
<br /> 2008.09 2009.10. 2D10.11 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.
<br />Munici alities Hold Harmless ($773,044) ($2,927,908) ($3,992,934) ($4,194,568)
<br />Total County Loss of Projected Article 44 Sales T
<br />Distribution ($2,644,953) ($8,337,749) ($10,472,D70) ($11,OD0,591)
<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
<br />Distribution $0 ($432,656) ($449,135) ($467,100)
<br />State's Projection of Article 44 Sales Tax Distributed to Municipalities $385,578 $403,820 $0 $0
<br />County Hold Harmless Funds to Reimburse Municipalities for loss of
<br />Article 42 & 44 Sales Taxes $773,044 $2,927,908 $3,992,934 $4,194,566
<br />Net Impact on Municipalities' • Loss of Articles 42 & 44 Sale
<br />Taxe $0 $0 $0 $0
<br />t41 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 />t5) Analvsis of Proiected t)ranpe County Medicaid Expenditures For Fiscal Year 2007.08
<br />State's Projection of Orange County's Medicaid Expenditures for $4,570,236
<br />Fiscal Year 2007-08
<br />Orange County's Approved Medicaid Expenditure Line Item for Fiscal $4,025,236
<br />Year2007-D8
<br />Difference Between FY 2007.08 State Medicaid Projections and ($545,000)
<br />A roved FY 2007.08 Bud et
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