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Budget Hearing, 6 PM, FWB
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37
BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: April 9, 2013
TO: Honorable Chairman and Members of the Board
FROM: Rick Owen
SUBJECT: Budget Policy Direction
DEPARTMENT: County Administrator
BCC DISTRICT: All
Staff requests the Board consider options in attached presentation and provide further direction
on Okaloosa County Budget Forecast for Fiscal Year 2013-2014.
RECOMMENDED BY:
APPROVED BY:
James D. Curry, County Administrator
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Attachment: Board Policy Directions for Fiscal Year 2013-2014 (1581 : Budget Policy
BOARD POLICY DIRECTION
BUDGET POLICY OVERVIEW
FY 2013 – 2014
APRIL 9, 2013
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4.a
Revenues
Attachment: Board Policy Directions for Fiscal Year 2013-2014 (1581 : Budget Policy
2
Recommend consideration to increase countywide
millage by .1711 from 3.2899 to 3.6249, an estimated
increase of $4,351,211.
Recommend considering enhancements of other
revenue options.
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4.a
Expenditures
Attachment: Board Policy Directions for Fiscal Year 2013-2014 (1581 : Budget Policy
3
Compensation and Benefits
Recommend 3% market adjustment for employees, and to
decrease the budget per employee cost for health insurance
benefits (10%) from $9,667 to $8,701
Staffing
Provide direction on any staffing considerations as outlined in
the Budget Policy Document.
Operating Expenditure
Recommend continued reductions or elimination of
funding/services as necessary consistent with the priorities
established in the Board’s strategic plan and prioritization
classifications of public safety, essential services and quality of
life.
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4.a
Expenditures
Attachment: Board Policy Directions for Fiscal Year 2013-2014 (1581 : Budget Policy
4
Reserves
Recommend a target reserve of 8% for the General
Fund of approximately $3,015,000.
Capital Projects
Recommend direction on specific capital projects and
consideration to proceed as outlined in the Budget
Policy Document.
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4.a
Potential Reductions
Attachment: Board Policy Directions for Fiscal Year 2013-2014 (1581 : Budget Policy
5
Anticipate necessary reductions to general fund of
3.3% or $4,351,211 (combination of known and
unknown impacts consisting of both revenues and
expenses) using a combination of the reduction
methodologies.
The Budget picture will continue to unfold as more
information becomes available.
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