Minutes 06-03-2021 Virtual Business meeting

Browse Search

14 Slide #19 0RAN G E COUNTY FY2 021-22 BUDGET --1 Gm.ral ruwtl —1 evoa Otir rw� rw� evm SdHx 21.220P-0G7 Sur Amardmarc f+APA Funds kb+e Budge4ed PPPAiOrids i I93r41F 611.G71 531674:36D ARFA 4om General Fund W 13-2GT4Er D11 E-n gence Qeco a Fund. ad de ofthe Geneud Fmd 21-2213PAW SuIr Amardm m Laik P�i p♦="pn2de a,.abps Fund i IS3.41F611.G 371 IND OF" Fro Ociau Babnre Fo^UIIleA tr Fr{ a 1363 o-1 dsba D-00 b,a ftm paymenl m Iner n"fre en¢ne 21-22GP-OW 9aF.4merdmot MUS-9 Poeceo olEme.xncY r+uue.I S 153A F 111.09[ MUM MA Cho tM Cl Varner PrWam Gart 113,01 OO Grad Wurre-Fund for FY 21.22 ORANGE COUNTY WR71 I CAR LINA Paul Laughton reviewed the three staff amendments. He said the Board approved $14.4 million, half of the ARPA funds, as part of budget amendment. He said staff thought it would be beneficial to pay for everything out of where the funds are budgeted in the Emergency Recovery Fund. He said $3.2 in general fund that would be paid for by ARPA would still be paid from ARPA funds, but would move out of the general fund and would be paid straight out of the emergency recovery fund. He said this would prevent a transfer into the general fund, and would make the payments easier. He said the County will receive the other$14.4 million next year, and has until 2024 to spend the funds, so this is a multiyear fund and it will be helpful to have everything come out of the one fund for tracking. Paul Laughton said, in the recommended document, he neglected to put in $80,000 as part of funding for the Little River Fire District to be used as a down payment on a new fire engine. He said this is a technical amendment to increase their appropriation from $352,019 to $432,019. He said it is not related to the general fund, and the funds are available in the Little River Fire District fund balance. Commissioner McKee said the truck will be needed for the Fire District's new substation. Paul Laughton said the County recently received an Emergency Housing Choice Voucher program grant award for FY 21-22, July 1, 2021-June 30, 2022. He said housing will start spending the money July 1. He said this fund is also outside of the general fund, and it is better to do this amendment now so the department can spend the money over the summer, instead of waiting for a budget amendment in the fall. Commissioner Dorosin asked if everything on the Operating Amendments was approved, what the net impact on the budget would be. Paul Laughton said the largest part of the reduction uses ARPA funds, thus the revenue would leave the general fund, but so would the expenses. He said this would not affect the tax increase, because all of the amendments suggested used ARPA funding. He said the only true reduction in the General Fund is $150,125 related to Commissioner Price's amendment on the last page, which would only take recommended tax rate from 81.87% to 81.80%.