ORANGE COUNTY BUDGET Budget Worksession Summary July 22, 2010

PRESENTATION OUTLINE Budget Summary Millage Rates Reserves Consent Agenda Action Requested

PRESENTATION OUTLINE Budget Summary Millage Rates Reserves Consent Agenda Action Requested

Introduction Fire Rescue Corrections Public Safety Office Corrections Medical Health Services Orange County CRA (OBT) I-Drive CRA Day 1 BUDGET SUMMARY

Community & Environmental Svcs. Parks & Recreation Public Works Growth Management Library Utilities Administrative Svcs. TDT / Convention Center Family Services ARRA / Neighborhood Stabilization Program Day 2 BUDGET SUMMARY

Constitutional Officers Commissioner Reports Day 3 BUDGET SUMMARY

PRESENTATION OUTLINE Budget Summary Millage Rates Reserves Consent Agenda Action Requested

FY FY Property Property Taxes $ Change Taxes Countywide $423.9M ($50.9M) $373.0M Sheriff MSTU 92.8 (11.2) 81.6 Fire MSTU (13.9) Total $632.1M ($76.0M) $556.1M Maintaining Current Millage Rate MILLAGE RATES

Countywide % Sheriff MSTU % Fire MSTU % Current Rate Proposed Rate % Change MILLAGE RATES Proposed Millage Rates

PRESENTATION OUTLINE Budget Summary Millage Rates Reserves Consent Agenda Action Requested

General Fund Reserves What is the level of General Fund Reserves? –Adopted FY = $52 million or 6.9% –Proposed FY = $51 million or 7.2% RESERVES

General Fund Reserves Adjustment Proposed FY = $51 million or 7.2% –PCAN = ($2.4 million) FY Adjusted = $49 million or 6.9% RESERVES

General Fund Reserves What are reserves used for? –Rainy day fund/safety net –Cash flow purposes before tax revenues come in RESERVES

General Fund Reserves Healthy reserves are viewed positively by the financial community Reserves are a non-recurring revenue source RESERVES

General Fund Reserves Fiscal YearBudget% of Budget FY 04-05$42.8M6.9% FY 05-06$50.2M7.5% FY 06-07$59.0M7.4% FY 07-08$61.1M7.5% FY 08-09$71.8M8.7% FY Proposed $50.9M6.8%

PRESENTATION OUTLINE Budget Summary Millage Rates Reserves Consent Agenda Action Requested

CONSENT AGENDA Approval of Following Consent Agenda Items –District Nine Medical Examiner’s Office Fee  Adopt the following certificate fee: Current Proposed Type Fee Fee Cremation $0.00 $35.00

CONSENT AGENDA –Utilities Department Fee  Resolution to repeal the automatic three percent (3%) increase for Reclaimed Water Rates for the Commercial Citrus Growers for FY

CONSENT AGENDA –Corrections Department Fee  Adopt the following fee revision: Current Proposed Type Fee Fee Probation Cost of Supervision Fee, per month $40.00 $50.00

CONSENT AGENDA –Convention Center  Additional operating subsidy for up to $5 million for FY from the renewal and replacement cash reserve account

PRESENTATION OUTLINE Budget Summary Millage Rates Reserves Consent Agenda Action Requested

ACTION REQUESTED Approval of Tentative Millages and Tentative Countywide Budget with Changes as Noted Approval of Budget Consent Agenda

ORANGE COUNTY BUDGET Budget Worksession Summary July 22, 2010

CurrentProposedIncrease LakeMillageRevenueMillageRevenuePer Parcel Total Bass Lake0.8581$6, $11,054$110.61$4,636 Lake Mary Jess0.4149$5, $10,847$48.84$5,474 Little Lake Fairview 0.00$00.50$8,979$119.67$8,979 Lake Killarney0.00$00.50$8,890$134.31$8,890 Lake Ola0.00$01.00$33,290$351.30$33,290 The proposed changes to the existing Lake MSTU millage rates are as follows: MILLAGE RATES Proposed Millage Rates

RESERVES General Fund Reserves Reduction from Reserves % of Budget % % % % % %

RESERVES General Fund Reserves Fiscal Year% of Budget FY % FY % FY % FY % Adjusted FY 08-09?%

Metroplan East Central Florida Regional Planning Council (ECFRPC) Black Business Investment Fund (BBIF) Hispanic Business Initiative Fund (HBIF) Minority Women Business Alliance Orlando Science Center United Arts of Central Florida Martin Luther King Parade WMFE Citizens Review Panel (CRP)

Community & Environmental Services 19.7M Parks & Recreation 63.4M Public Defender 215K Health & Family –Crisis Assistance 1.2M –PCAN 2.8M Health Department 1.8M Public Works 59.2M Court Administration 560K LYNX 8.0M Regional Commission on Homelessness myregion.org$ 30K Total$ DISCUSSION ITEMS Summary of Funding Requests

Two Parts: 1.Statutory roll back 2.Constitutional Amendment – January 29 MILLAGE RATES

Roll Back Rate –The millage rate levy that would generate the same amount of tax proceeds as the prior year after excluding new construction and neutralizing the impact of CRA payments –This rate is used to determine advertising requirements

MILLAGE RATES Statutory Maximum Rate: –The millage rate that would generate the same amount of tax proceeds as the prior year plus personal income growth, excluding new construction and neutralizing the impact of CRA payments –For FY , the formula factors in the impact of Amendment 1 –This “maximum millage” requires only a simple majority vote

MILLAGE RATES Statutory Maximum Rate: –Can exceed 110% of roll-back rate adjusted for personal income growth with a 2/3 vote –Can exceed up to 10 mills with unanimous vote –Non-compliance results in loss of revenue sharing

Countywide Sheriff MSTU Fire MSTU Rolled-Back Millage MILLAGE RATES Simple Majority Vote Maximum Millage Millage Rate Options Current Millage

Countywide$3.0M $27.2M$18.5M Sheriff MSTU ($0.6M) $ 5.9M$ 3.5M Fire MSTU ($0.8M) $ 7.3M$ 4.3M Total$1.6M $40.4M$26.3M Increased Proceeds Using Roll-Back Millage MILLAGE RATES Increased Proceeds Using Simple Majority Max Millage Millage Rate Options Increased Proceeds Using Current Millage

I-Drive Master TransitMSTU –Millage –Proceeds $608,999 $1,808,838 District requested to increase tax rate to fund public safety initiative Requires simple majority vote to approve District will come before BCC in August to discuss details Current Rate Proposed Rate MILLAGE RATES