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ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: October 21, 2002 <br /> Action Agenda <br /> Item No. 3 <br /> SUBJECT: 2002-03 State and County Budget Impacts <br /> DEPARTMENT: County Manager/Budget PUBLIC HEARING: (Y/N) No <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> As noted in "Background" section John Link or Rod Visser, ext 2300 <br /> Donna Dean, ext 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 receive a preliminary report on how actions taken by the General Assembly <br /> during the 2002 session may affect Orange County's 2002-03 operating and capital budgets. <br /> BACKGROUND: The FY 2002-03 operating budget adopted by the Orange County Board of <br /> Commissioners was profoundly affected by actions taken, threatened, and/or anticipated to be <br /> taken by the Governor and the Legislature in their shaping of the State's budget for the same <br /> fiscal year. Given withholdings of County reimbursements that were predicted (and have since <br /> come to pass), the BOCC was obliged to make substantial reductions in the recommended <br /> 2002-03 budget, particularly in allocations to various capital undertakings. There was also very <br /> little funding available to address employee pay and benefits, and implementation of the <br /> Countywide pay and classification study could not be undertaken at the outset of the fiscal year. <br /> During this portion of the work session, staff will make a presentation and review the information <br /> in the attachments listed below to provide a refresher on budget actions the BOCC took in June <br /> 2002. Given the Legislature's action to accelerate the Article 44 half cent sales tax and the <br /> BOCC's adoption on October 15 of a resolution implementing that sales tax effective December <br /> 1, the Board may also wish to give some preliminary thought to actions it may consider later in <br /> the fiscal year to allocate portions of the expected $1.8 million proceeds to various functions the <br /> Board mentioned during budget work sessions. However, no decisions on that point are <br /> required at this work session, and the Manager strongly recommends that the Board give <br /> consideration to that at a later time in a phased approach as revenues are actually received by <br /> the County. <br /> Attachment 3a Fiscal Year 2001-02 Financial Update <br /> Attachment 3b Fiscal Year 2002-03 Financial Update <br /> Attachment 3c Potential Ways to Offset Possible Impact on County General Fund 2/18/02 <br /> Attachment 3d Update on Fiscal Year 2001-02 County General Fund Budget 2/18/02 <br />