Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: March 18, 2025 <br /> Action Agenda <br /> Item No. 7-c <br /> SUBJECT: Master Aging Plan Balance Discussion <br /> DEPARTMENT: County Manager, Department on Aging <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1) Master Aging Plan Programs Kirk Vaughn, (919) 245-2153 <br /> 2) PowerPoint Presentation Janice Tyler, (919) 245-4255 <br /> PURPOSE: To discuss the outstanding balance of the Master Aging Plan project and how the <br /> Master Aging Plan should be budgeted in future fiscal years. <br /> BACKGROUND: The County's Department on Aging has had a long-standing relationship with <br /> Carol Woods. As Carol Woods is a continuing care retirement community, it does not pay property <br /> taxes to the County. Carol Woods has instead provided a $175,000 annual charitable gift to the <br /> Department on Aging, which the County reserves for use for the Master Aging Plan (MAP). Over <br /> the last several fiscal years, the Department has accumulated a large reserve of the donated <br /> funds, detailed in the table below. The primary causes leading to this accumulation are, first, that <br /> the Department had access to one-time Federal grants that needed to be spent down, and second <br /> that there has been a higher rate of vacancies in the temporary staff that were funded out of the <br /> MAP program. For example, of the seven (7) identified temporary staff positions that are intended <br /> to be funded out of the MAP program, only two (2) or three (3) of those positions were filled at any <br /> given time over the last three (3) years. <br /> MAP Balance FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 <br /> Starting Balance $ 99,880 $ 128,263 $ 163,864 $ 251,570 $ 377,911 $ 469,734 $ 579,105 <br /> Expenditures $ 146,617 $ 139,399 $ 87,294 $ 78,659 $ 100,965 $ 90,138 $ 130,659 <br /> New Revenue $ 175,000 $ 175,000 $ 175,000 $ 205,000 $ 192,787 $ 199,509 $ 216,459 <br /> Annual Surplus/(Deficit) $ 28,383 $ 35,601 $ 87,706 $ 126,341 $ 91,822 $ 109,371 $ 85,799 <br /> Ending Balance $ 128,263 $ 163,864 $ 251,570 $ 377,911 $ 469,734 $ 579,105 $ 664,904 <br /> In response to this balance, the FY 2024-25 Manager's Recommended Budget redirected <br /> $75,000 of the new Master Aging Plan funds to offset the Aging Department's expenses in the <br /> General Fund. There was also a proposed Commissioner amendment to the Budget to redirect <br /> the remaining $100,000 to offset General Fund expenses. That amendment failed by a vote of 3- <br /> 4, with the majority of the Board preferring to revisit the issue in greater detail prior to the Board's <br /> FY 2025-26 Budget process. <br />