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26 <br /> 1 Slide#4 <br /> FY 2020-27 Operating Budget Options <br /> Prior Strategies to Maintain a Flat Tax Rate <br /> Headcount <br /> Reduction of over 64 FTE in FY2010-11 <br /> • FTE count restored by 2015 <br /> Employee Wage Increases <br /> - County Employee Wage Increase—averaged of 1%per year between FY2010 and FY2016 <br /> School Current Expense Funding <br /> - Average of 1.5%annually between 2010 and 2014 <br /> - 91%increase in FY2014-15 supported by$10 million fund balance appropriation <br /> ORANGE COUNTY <br /> 4 NOR-F-1 r CAR(7LANA <br /> 2 <br /> 3 <br /> 4 Slide#S <br /> FY 2020-27 operating Budget Options <br /> • Prier Strategies to Maintain a Fiat Tax Rate <br /> Debt Service Obligations <br /> - Average Debt Service increase of$197,246 annually between FY2010-11 and FY2015-16 <br /> - Debt Service decreased from 16%to 13% of General Fund Revenues from FY2010 to FY2016 <br /> Pay-Go Funding <br /> - County and School Pay-Go reduced <br /> - Maintenance likely deferred <br /> ORANGE COUNTY <br /> 5 Nl Dli IF I' [:AIZt)LINrl <br /> 5 <br /> 6 Travis Myren said debt service obligations were low during that period, declining as a <br /> 7 percentage of general fund revenues, and Pay-Go was reduced as a cost containment measure. <br /> 8 <br /> 9 <br />