Agenda - 09-25-2008 - Laserfiche WebLink

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osiosi2oos FY 2009-10 Preliminary General Fund Budget Outlook The list below is intended to give the Board a prelfminary outlook of budget drivers that will potentially affect the County's fiscal year 2009-10 budget. Given the fact that it is very early in fhe budget planning process, the list is not intended to be all inclusive at this point. Staff plans to update the Board on a regular basis between now and the time that the Manager's fiscal year 2009-10 budget is presented to the Board in May 2009. 41 General Fund Expenditure Assumptions ~ 2008-09 $ Chan e 9 ~ ~~-10 ' Bud et Pro ection 4 otai FY 2008-09 General Fund Expenditures $183,005,580 43 Debt Service Increase associated with issuance of new debt 45 County Share $1,891,000 46 Schools Share $850,000 4 Education Allow for 385 new students funded at FY 2008-09 per pupil 48 allocation of $3,200 (385 is the average annual increase in actual $1,232,000 student membership between school years 2000-O1 and 2007-08) 49 Em to ee Pa & Benefits 5o Implementation of Classification Study (calculated ~a 10% of total $4 100 000 salaries , , Health and Dental Insurance Increases (including retiree health - 51 calculated L7a 15% annual increase beginning January 1, 2010) $500,000 5 nin New Facilities Preliminary staffing and operations! costs associated with opening 53 of new facilities. Examples include: Central Orange Senior Center, $2 500 000 Northern Park, Fairview Park, Library, Emergency Services Facility , , ~ Meadowlands, Hillsborough Commons and Office Building 5 Medicaid Reduction 5 In accordance with 2007 Medicaid Relief/Sales Tax L islation $5,239,550 5 5 58 Total Projected General Fund Expenditures for FY 2009-10 $183,005,580 $5,833,450 $188,839,030 5 Shortfall Between FY 2009-10 General Fund Revenues and FY 2009-10 General Fund Expenditures ($9,536,564) Page 2 of 2