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Orange County Budget FY 2014-15

Orange County Budget FY 2014-15. Worksession Overview July 14, 2014. Presentation Outline. Worksession Schedule Revenue Outlook Proposed FY 2014-15 Budget Budget Timeline. Presentation Outline. Worksession Schedule Revenue Outlook Proposed FY 2014-15 Budget Budget Timeline.

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Orange County Budget FY 2014-15

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  1. Orange County BudgetFY 2014-15 Worksession Overview July 14, 2014

  2. Presentation Outline • Worksession Schedule • Revenue Outlook • Proposed FY 2014-15 Budget • Budget Timeline

  3. Presentation Outline • Worksession Schedule • Revenue Outlook • Proposed FY 2014-15 Budget • Budget Timeline

  4. Worksession Schedule Introduction Administrative Services Family Services Fire Rescue Public Works Utilities Community, Environmental, and Development Services TDT / Convention Center / CIP Corrections Health Services & Corrections Health I-Drive CRA Orange County CRA (OBT) Library Day 1 - Budget Worksession

  5. Worksession Schedule Constitutional Officers LYNX Outside Agencies Day 2 - Budget Worksession

  6. Worksession Schedule Board Budget Discussion Summary of Changes / Requests Approval of: Proposed Millages / Budget Budget Consent Agenda Day 3 – No Board Meeting Day 4 – Budget Worksession

  7. Presentation Outline • Worksession Schedule • Revenue Outlook • Proposed FY 2014-15 Budget • Budget Timeline

  8. Revenue Outlook Countywide Property Tax $75M

  9. Revenue Outlook Sheriff $20M

  10. Revenue Outlook Fire Rescue $24M

  11. Revenue Outlook Up $22M Half Cent Sales Tax

  12. Revenue Outlook Public Service Taxes/CST Flat

  13. Revenue Outlook State Revenue Sharing $6M

  14. Revenue Outlook Fuel Taxes Flat

  15. Revenue Outlook Impact Fees $19M *Traffic, Law Enforcement, Fire, and Parks Impact Fees

  16. Revenue Outlook Major Revenue Sources 5.7% $959 $938 $877 $867 $820 $801 $788 $788 $401 $475 $428 $476 $373 $374 $362 $362 $107 $87 $105 $81 $94 $82 $79 $79 $109 $101 $133 $131 $116 $102 $98 $98 $126 $116 $124 $144 $148 $131 $131 $113 $88 $88 $92 $88 $88 $88 $89 $96

  17. Revenue Outlook Major Revenue Sources 10% Decline or -$92M $959 $938 $877 $867 $820 $801 $788 $788 $401 $475 $428 $476 $373 $374 $362 $362 $107 $87 $105 $81 $94 $82 $79 $79 $109 $101 $133 $131 $116 $102 $98 $98 $126 $116 $124 $144 $148 $131 $131 $113 $88 $88 $92 $88 $88 $88 $89 $96

  18. Revenue Outlook Major Revenue Sources $834M $959 $938 $877 $867 $820 $801 $788 $788 $401 $475 $428 $476 $373 $374 $362 $362 $107 $87 $105 $81 $94 $82 $79 $79 $109 $101 $133 $131 $116 $102 $98 $98 $126 $116 $124 $144 $148 $131 $131 $113 $88 $88 $92 $88 $88 $88 $89 $96

  19. Taxable Value: $200K Home $1,975 $1,697 ($278) Proposed FY 2014-15 Budget Millage Rate Comparison 2015 Millage 2007 Millage • RateRateChange • Countywide 5.1639 4.4347 (14%) • Fire MSTU 2.5862 2.2437 (13%) • Sheriff MSTU 2.1234 1.8043 (15%)

  20. Presentation Outline • Worksession Schedule • Revenue Outlook • Proposed FY 2014-15 Budget • Budget Timeline

  21. Proposed FY 2014-15 Budget Total Budget Proposed FY 2015 • General Fund $ 775M • Special Revenue 906 • Debt Service 493 • Capital Projects 121 • Enterprise Funds 766 • Internal Service 238 • Total Budget $ 3,299M

  22. Proposed FY 2014-15 Budget Total Budget Proposed FY 2015 • General Fund $ 775M • Special Revenue 906 • Debt Service 493 • Capital Projects 121 • Enterprise Funds 766 • Internal Service 238 • Total Budget $ 3,299M

  23. Proposed FY 2014-15 Budget Operating 2015 54% 46%

  24. Proposed FY 2014-15 Budget Operating 2015 Public Safety Sheriff Corrections Fire 54%

  25. Proposed FY 2014-15 Budget Operating 2015 46% Non-Public Safety BCC Departments Constitutional Officers LYNX Outside Agencies CRAs Other

  26. Proposed FY 2014-15 Budget Note: Excludes Court Related Positions for Comparison Purposes

  27. Proposed FY 2014-15 Budget Population Growth 26% Note: Excludes Sheriff, Fire, Corrections, and Court Positions

  28. Presentation Outline • Worksession Schedule • Revenue Outlook • Proposed FY 2013-14 Budget • Budget Timeline

  29. Budget Timeline • Budget Worksession with BCC July 14 – 17 • Approval of Tentative Millage Rates • Approval of Tentative Budget • Approval of Budget Consent Agenda • Notify PA of Proposed Millage Rates Aug. 1 • PA Mails TRIM Notices Aug. 15 • 1st Budget Public Hearing – 5:01 p.m. Sept. 4 • 1st Library Public Hearing – 5:01 p.m. Sept. 11 • 2nd Budget Public Hearing – 5:01 p.m. Sept. 18 • 2nd Library Public Hearing – 5:01 p.m. Sept. 23

  30. Orange County BudgetFY 2014-15 Worksession Overview July 14, 2014

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