|
<br />.+~hrln~etrl~' Z
<br />osiosi2oos
<br />FY 2009-10 Preliminary General Fund Budget Outlook
<br />The list below is intended to give the Board a preliminary outlook of budget drivers that will potentially affect
<br />the County's fiscal year 2009-10 budget. Given the fact that if is very early in the budget planning process, the
<br />list is not intended to be all inclusive of this point. Staff plans to update the Board on a regular basis between
<br />now and the time that the Manager's fiscal year 2009-1 D budget is presented to the Board in May 2009.
<br />e r n
<br />~, FY 2008-09 FY 2009-10
<br />General Fund Revenue Assumptions, By Revenue Category gud et $ Change pro'ection
<br />Prope Taxes r=.,
<br />' ,.,~ -~,
<br />Assum lions: ,., ;~`
<br />~
<br />~
<br />"
<br />-
<br />..~--'~..,---~.'~ ~ { ,, .
<br />No tax rate increase over revenue neutral rate .
<br />y
<br />=} t $0 f
<br />3% natural rowth in real roe ~;!; _ $3,849,111 _ __, .,~,_
<br />
<br />Total Property Taxes $128,303,689 $3,849,111 5132,152,799
<br />Sales Taxes ~~_- ~``
<br />Assum tons: ~ `
<br />Decreases based on full implementation of Medicaid Relief/Sales t ~ 4Y
<br />~ (gq
<br />gg2
<br />224)
<br />~
<br />Tax Swa ~~ _ ,
<br />~' ,
<br />, ; ~
<br />.
<br />i No increase assumed in consumers endin ~' ° ~ $0 ,
<br />.
<br />--~ ~~` ~ '
<br />Total Sales Taxes $18,857,31q ($4,892,224) $13,965,086
<br />Intergovernmental ~ ~ ~,"~
<br />,` ~~ r' ' ~ ` ' ~~
<br />t Assum lions: ~
<br />~~ ~ ~~
<br />' C
<br />~~ ~
<br />;~
<br />'
<br />I No than es assumed , ~
<br />;
<br />r.,~4~.
<br />,~=,~~
<br />$0 r
<br />~
<br />`
<br />-
<br />Total Intergovernmental $18,303,163 $0 $18,303,163
<br />
<br />i Licenses & Permits ` ~`'~
<br />~ ~`
<br />•_ ~
<br />'~Y f li r ~ ~
<br />''
<br />~ ~ ~ '` k'~
<br />1~ a '
<br />N
<br />~ ~~
<br />' Assum lions: ~
<br />4 .~
<br />~ * r-zr` ~
<br />t Y S
<br />.
<br />'_~ ~ '~
<br />7 e
<br />'
<br />~ •.~. ~ ~~
<br />s
<br />3 No than es assumed ~~' ~ ~~~'` $p ~Y~~ ~,~
<br />~ ~~~~~
<br />) Total Licenses & Permits $288,000 $0 5288,000
<br />Charges for Services `~~ `:~ ~'~. ~~> ~
<br />~~,'
<br />~ ~ '' ~<~,
<br />Assum bons: ~ ~
<br />~ ~
<br />~ _
<br />~
<br />'' ' `~ ~,~ •
<br />i
<br />~
<br />
<br />
<br />Loss of Chapel Hill Carrboro City Schools School Construction ~
<br />~
<br />~,.
<br />` ~ j'y; ~~ kc
<br />-°~ ,
<br />.
<br />,~
<br />,
<br />9 ~ ~ ,,
<br />'~ s ~~,,,
<br />Impact Fees related to decline in new housing starts experienced in e
<br />.~{3~ ~ a ? ($660
<br />000) "~ '~' ~~:~~- ~.
<br />~ Chapel Hill and Carrboro (Per County Capital Funding Policy, these t ~~k ~ t',,: , ~ _ a `~a ~"
<br />revenues offset costs of school related debt service.) i~ ~~~.~ ~ ~ ~- ` f ~z }'~ =
<br />
<br />3 Total Char es for Services $10 859 803 $660 000 510 199 803
<br />4 Investment Earnings '~ ~ + ~b~ '
<br />4
<br />~ ~ ~, ~
<br />• ~
<br />~=
<br />5 Assum lions: ~r ~ ~-r t . °~" > , ~ _:~ r ~.~ z ;
<br />5 No Chan es assumed r. t • ;~. ~~~ $0 ''~-
<br />7 Total Licenses & Permits 5840 000 $0 5840 000
<br />B Miscellaneous ~+
<br />~~; Y ?.~ ~' ~ ~'
<br />~ ~ r ~~~vN ~ ~.
<br />~~
<br />_
<br />9 Assum lions: ~
<br />~ ~ ~ .~`~~'°T~ ~ ..t r,h
<br />z ~ ,~ .
<br />~~
<br />~~ y
<br />0 No than es assumed ~ s ~~ $~ ` ` ~~ '"°
<br />1 Total Miscellaneous 5900 070 50 5900 070
<br />
<br />2 Transfers to Other Funds
<br />`~ ~ fi`~; ~ ~~
<br />~ '~` `~ . ~ ~~
<br />: ~ 4 L~
<br />3 Assum lions: ~=
<br />`
<br />
<br />4 No than es assumed k~- j..~
<br />~; .
<br />~~" ~ ~ "''~ $0 s ;~' { ~.'~:: $D:
<br />5 Total Transfers to Other Funds 52 653,545 $0 52 653 545
<br />
<br />6 Appro riated Fund Balance
<br />} ~~
<br />~
<br />~ ` a
<br />~ '}'
<br />& ~'"~~ ~ ~~, , .~
<br />'}
<br />ti ;~ ;
<br />~ ~ Y
<br />i ~
<br />~
<br />~ } u
<br />ons:
<br />7 Assum l ._
<br />~ ~
<br />~
<br />No appropriation in FY 2009-10; FY 2008-09 appropriation mainly ~ ~ i
<br />`x`. , ~ h
<br />'
<br />~
<br />8 used to offset cost of recurring capital items, including vehicle and ~ ~~~~~ : ($2.000,000) ~
<br />~~ ~-^~ ~;
<br />~
<br />e ui ment urchases, for Coun de artments r ~' ~ ~~ '~ '`> `
<br />'~ '
<br />,g Total A ro riated Fund Balance $2 000 000 $2 000,000 50
<br />
<br />o Total Projected General Fund Revenues for FY 2009-10 $183,005,580 ($3,703,113) $179,302,466
<br />1i
<br />1
<br />1
<br />1
<br />1
<br />1
<br />1
<br />1
<br />1
<br />1
<br />2
<br />2
<br />2
<br />2
<br />L
<br />Page 1 of 2
<br />
|