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ORANGE COUNTY ABC BOARD—AGENDA FORM <br /> Meeting Date: May 21,2024 Agenda Item #6 <br /> Regular Session X <br /> Closed Session <br /> Payroll: <br /> Responding to inflation and the cost of living in Orange County, payroll expenses have <br /> continued to rise in recent years.For FY 2025,the Board's"matching"portion of the state retirement <br /> system is increasing to 13.64%.For the 2025 draft budget,total payroll expenses have been increased <br /> by 12.04%. <br /> Operational Expenses: <br /> Operational expenses increased substantially during the initial pandemic period(+19%), due <br /> primarily to sanitation/safety measures that were put into place. Likewise, coming off the pandemic <br /> period,operational expenses increased 11%as we adjusted to the new"normal". In the current year, <br /> these expenses moderated to 5.77%. For the FY 2025 budget, operational expenses have been <br /> increased by 4.02%, indicating the staff's intentions to control expenditures. <br /> Depreciation <br /> While the depreciation of assets is recorded as a normal business outlay, per the NC ABC <br /> Commission, it is not considered as a budget line items as it is a "non-cash" expense. Estimated <br /> depreciation "expenses" for FY 2025 are presented as a "below the line" item, however, for the <br /> benefit of the Board's consideration. <br /> Distributions <br /> Grant distributions to be approved by the Board in June have been estimated for this draft <br /> budget based on requests from law enforcement and alcohol education grantees. Total requests from <br /> law enforcement($197,062) increased$20,432 (11.57%). Requests from community organizations <br /> include three new requests: Grow Your World, Reintegration Support Network and the University <br /> of North Carolina. Alcohol education grant requests total $1,570,118 including an usually large <br /> request from UNC ($1,189,122). Excluding the university's request, FY 2025 grant requests total <br /> $380,996,an increase of$119,996, an increase of 45.98%.For purposes of the FY 2025 draft budget, <br /> grant requests have been estimated: Law Enforcement ($190,000) and Alcohol Education <br /> ($285,000). <br /> The budgeted allocation for the Orange County General Fund was determined by a letter <br /> received from Kirk Vaughn,Budget Director for Orange County.The requested amount for FY 2025 <br /> ($840,000) is a 4.35% increase over the present year. <br /> Grant requests approved by the Board in May will be amended in the draft budget, to be <br /> approved by vote in June. <br /> Page 2 of 7 pages <br />