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A~~~r"~ ~..- a <br />osiosi2ooa <br />FY 2009-10 Preliminary General Fund Budget Outlook <br />The list below is intended to give the Board a prelim/nary outlook of budget drivers that will potentially affect <br />the County's fiscal year 2009-10 budget. Given the fact that it is very early in the budget planning process, the <br />list is not intended to be all inclusive at this point Staff plans to update the Board on a regular basis between <br />now and the time that the Manager's fiscal year 2009-10 budget is presented to the Board in May 2009. <br />1 General Fund Revenue Assumptions, By Revenue Category d08~09 <br />B $ Change p <br />~ <br /> u ro <br />ction <br /> Pro Taxes <br />3 Assu Lions: <br /> No tax rate increase over revenue neutral rate $0 <br />5 3% natural rowth in real ro $3,849,111 <br />6 Total Property Taxes $128,303,689 $3,849,111 $132,152,799 <br /> les Taxes <br />8 Assum lions: <br />9 Decreases based on full implementation of Medicaid Relief/Sales ($4,892,224) <br /> Tax Sw <br />10 No increase assumed in consumer s ndin $0 <br />11 Total Sales Taxes $18,857,310 ($4,892,224) $13,965,086 <br />1 Inter ovemmental <br />13 Assum Lions: <br />1 No Chan es assumed 0 <br />15 Total Intergovernmental $18,303,163 $0 $18,303,163 <br />1 s Licenses & Permits <br />1 Assum lions: <br />18 No chap es assumed $0 <br />19 Total Licenses & Permits $288,000 $0 $288,000 <br />20 har es for Services <br />21 Assum lions: <br /> Loss of Chapel Hill Carrboro City Schools School Construction <br />22 Impact Fees related to decline in new housing starts experienced in ($660,000) <br /> Chapel Hill and Carrboro (Per County Capital Funding Policy, these <br /> revenues offset costs of school related debt service.) <br />23 Total Char es for Services 10859 803 660 000 10199 803 <br />2 nvestment Earnin s <br />25 Assum lions: <br />2s No chan es assumed $0 <br />2 Total Licenses & Permits 000 000 <br />28 iscellaneous <br />2 Assum lions: <br />3o No chan es assumed $0 <br />31 Total Miscellaneous 00 070 900 070 <br />3 ransfers to Other Funds <br />33 Assum lions: <br />3 No chan es assumed $0 <br />35 Total Transfers to Other Funds 653 545 653 545 <br />36 ro reaaed Fund Balance <br />3 Assum lions: <br /> No appropriation in FY 2009-10; FY 2008-09 appropriation mainly <br />3s used to offset cost of recurring capital items, including vehicle and ($2,000,000) <br /> ui ment urchases, for Count de artments <br />3 Total ro riaaed Fund Balance 2000 000 2 000 000 <br />4 Total Projected General Fund Revenues for FY 2009-10 $183,005,580 ($3,703,113) $179,302,466 <br />Page 1 of 2 <br />