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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: April 22, 2002 <br /> Action Agenda <br /> Item No. 1 <br /> SUBJECT: Budget and CIP Issues Discussion <br /> DEPARTMENT: Manager/Budget PUBLIC HEARING: (YIN) No <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> As noted in "Background" John Link or Rod Visser, 245-2300 <br /> Donna Dean, 245-2151 <br /> TELEPHONE NUMBERS: <br /> Hillsborough 732-8181 <br /> Chapel Hill 968-4501 <br /> Durham 688-7331 <br /> Mebane 336-227-2031 <br /> PURPOSE: To discuss various issues related to Orange County's FY 2002-03 operating budget <br /> and 2002-2012 ten-year Capital Investment Plan (CIP). <br /> BACKGROUND: <br /> a. Major Factors Affecting FY 2002-03 Budget <br /> The 2002-03 fiscal year is likely to be the most challenging that Orange County has faced in <br /> more than a decade. As are other North Carolina local governments, Orange County is facing <br /> the ramifications of the overall slowdown in the national economy, spillover from the State's <br /> budget shortfalls br the current and next fiscal year, and declining growth in major revenue <br /> sources. The Manager and Budget Director will brief the Board on some of the most significant <br /> aspects of anticipated revenues and proposed expenditures for 2002-03, and consider <br /> feedback from the BOCC in preparing the Manager's recommended budget during the next <br /> month. <br /> Attachment 1 — Table: Major Revenue/Expenditure Impacts on FY 2002-03 Budget <br /> (to be provided underseparate cover ahead of 4122 work session) <br /> b. New Staff Resources/Changes to Existing Positions <br /> During the past few budget review cycles, the Board has received preliminary assessments of <br /> proposed new positions and changes to existing positions during budget work sessions in April <br /> or May, rather than waiting until the June work sessions to review them for the first time. This <br />