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19 <br /> 1 RECONVENE RETREAT <br /> 2 <br /> 3 A motion was made by Commissioner Fowler, seconded by Commissioner Hamilton to <br /> 4 reconvene at 3:44 p.m. <br /> 5 <br /> 6 Roll call ensued <br /> 7 <br /> 8 Commissioner McKee and Commissioner Dorosin were not back yet. <br /> 9 <br /> 10 VOTE: UNANIMOUS <br /> 11 <br /> 12 <br /> 13 Slide #25 <br /> Orange County Fiscal Status <br /> Unassigned as of June 30,2020 <br /> — $35,3Million or 15.6% <br /> Impacted by upftwt Cash Outlay for FENIA Rt`imburSable Expenditures <br /> FY2020-21 Revenue Irnpacts <br /> — Jai I'menclading Federal lnmates($1,000,OW <br /> Planning Ptrmisae�d 1r4q"Uoes{SF20,000} <br /> — 6EAPR RecreauonFmi30200,0W) <br /> Mein VehKia Prwwy Tax($700,000) <br /> Investor m Eamlrip a400,000] <br /> PnapeAy Tax CoOectione 4600,0W) <br /> OccupansyTax and Spartwlsx FwWs <br /> ORANGE COUNTY <br /> NOWn r CA ROLINA <br /> 14 <br /> 15 <br /> 16 Commissioner Greene said she remembered that property tax collections were <br /> 17 anticipated to not go down very much, and asked if a one half million reduction is not very much, <br /> 18 in context. <br /> 19 Gary Donaldson, Chief Financial Officer, said collection rates were budgeted <br /> 20 conservatively, due to the recession. He said, for context, real property tax is budgeted at $154 <br /> 21 million, while motor vehicle property tax is budgeted at $11 million. He said it is a slight decline. <br /> 22 Chair Price asked if the decrease in property and motor vehicle tax collections is <br /> 23 correlated to foreclosures. <br /> 24 Travis Myren said he has not run that analysis. <br /> 25 Gary Donaldson said he has not heard that this is the case. <br /> 26 Travis Myren resumed the PowerPoint presentation: <br /> 27 <br /> 28 <br /> 29 <br /> 30 <br /> 31 <br /> 32 <br />