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<br />Alternative Scenarios For Possible Modifications to the FY 2005 -06 Manager's
<br />Recommended Budget
<br />"Manager's Note: The following alternative scenarios reflect the areas that I have identified for progressive cuts to reduce the tax rate increase
<br />penny by penny. The cuts in the first two columns could be considered and not dramatically erode the priorities of capital funding, critical
<br />needs reserve, pay plan, and school current expense. The consideration of cuts to 3 cents or beyond will seriously erode these budget
<br />priorities, in my opinion."
<br />The Manager's Recommended 2005 -06 fiscal year budget proposed a tax rate of 86.8 cents per $100 valuation, reflecting an increase of 9 cents over the
<br />revenue neutral rate of 77.8 cents. The tax rate increase was necessary in order to fund several major budget drivers - increased funding for schools, full
<br />funding of school and County capital in accordance with Option 2 recently adopted by the BOCC, and increased debt service for School and County capital
<br />projects.
<br />Some of the budget drivers have more flexibility than others, meaning that funding could conceivably be phased in over more than one year. The following
<br />budget drivers have some flexibility: increase in the current per pupil appropriation; full funding of School and County recurring capital; employee pay and
<br />benefits; and the reserve fund to address priority funding needs. However, increases related to debt service, medicaid, fuel and utilities obligatory, meaning
<br />that the County is either mandated to pay the expenses or is already experiencing increased costs. The obligatory elements of the Manager's
<br />Recommended 2005 -06 budget increase total $2.9 million ($1.9 million for increased debt service and $1 million for rising costs of Medicaid, fuel and
<br />utilities). The following table offers various ways the Board could conceivably consider decreasing the recommended tax rate increase of 9 cents down to
<br />2. 5 cents (the amount necessary to fund the mandated budget drivers).
<br />Page 1 of 3 potential cuts.xlsscenarios
<br />From 86.8
<br />From 86.8
<br />From 86.8
<br />From 86.8
<br />From 86.8
<br />From 86.8
<br />Alternative Scenarios for Possible Budget
<br />cents to 85;6
<br />cents to 84.5
<br />cents to 83.8
<br />cents to 82.8
<br />cents to 81.8
<br />cents to 80.3
<br />Modifications
<br />cents
<br />cents
<br />= .cents
<br />cents
<br />cents
<br />cents
<br />Cent Equivalent
<br />1
<br />2
<br />3
<br />4
<br />5
<br />65
<br />Total Budget Cuts for County and Schools
<br />$11187,580
<br />$2,375,160
<br />$3,562,740
<br />$4,750,320
<br />$5,937,900
<br />$7,719,270
<br />Menu
<br />Item
<br />Item #
<br />1. Recurring Capital - Manager's Recommended Budget provides $4,650,600 (an increase of $2,634,946) to fully fund recurring capital for schools and County as outlined
<br />in Option 2 adopted by BOCC on May 5. The Recommended Budget includes 3 cents for Schools Recurring Capital ($1,342,861 for OCS and $2,145,089 for CHCCS) and
<br />1 cent for County Recurring Capital ($1,187,580)
<br />1 -a.
<br />Reduce Schools Recurring Capital
<br />$593,790
<br />$593,790
<br />$631,290
<br />$890,685
<br />$890,685
<br />1 -b.
<br />Reduce County Recurring Capital
<br />$593,790
<br />$593,790
<br />$631,290
<br />$890,685
<br />$890,685
<br />Maintain Schools at 2004 -05 funding level (provides
<br />$1,472,296
<br />1 -c'
<br />$772,867 for OCS and $1,242,787 for CHCCS)
<br />1A.
<br />Maintain County at 2004 -05 funding levels (would leave
<br />$1,162,650
<br />no funds available for recurring capital)
<br />Total Recurring Capital Decreases
<br />$1,187,580
<br />$1,187,580
<br />$1,262,580
<br />$1,781,370
<br />$1,781,370
<br />$2,634,946
<br />2. Long -Range Capital - Manager's Recommended Budget provides $7,406,786 (an increase of $2,711,174) to fully fund recurring capital for schools and County as
<br />outlined in Option 2 adopted by BOCC on May 5. The Recommended Budget includes $1,710,968 for OCS, $2,733,104 for CHCCS and $2,962,714 for County.
<br />2-a.
<br />Reduce long -range capital appropriation to County
<br />$200,000
<br />$390,000
<br />$475,032
<br />$712,548
<br />$855,057
<br />projects
<br />2-1b.
<br />Reduce long -range capital appropriation to School
<br />$300,000
<br />$585,000
<br />$712,548
<br />$1,068,822
<br />$1,282,587
<br />projects
<br />Total Long Range Capital Decreases
<br />$0
<br />$500,000
<br />$975,000
<br />$1,187,580
<br />$1,781,370
<br />$2,137,644
<br />Page 1 of 3 potential cuts.xlsscenarios
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