The total FY2013 recommended operating budget is $2.9 billion with, $2.29 billion of those expenditures coming from the general fund. The $2.9 billion is a $6 million or 0.2% decrease from the FY2012 adopted appropriation. In addition to the operating budget, the Executive Recommendation also includes $372 million in capital improvement requests for projects relating to construction and major building enhancements.
Based on preliminary projections, the County was facing a $267.5 million shortfall in the general fund for 2013. The FY 2013 Executive Recommendation of $2.29 billion closes this gap and is the result of a collaborative effort. The President’s Office worked with the Board of Commissioners, County elected officials, employees, their union representatives, and residents to find innovative solutions and present a balanced budget which invests in projects and programs that will improve services while decreasing costs in the long run.
Strategic budget reductions were incorporated into the FY 2013 Executive Recommendation including reducing headcount, strategic staffing initiatives to reduce overtime, reducing energy costs and usage through implementing “best practices,” consolidating excess office and storage space, and reducing health care costs. Click here for more information around these reductions.
Total FY 2013 revenue across all funds is $2.9 billion and is estimated for budgetary purposes through trend analysis and comparing historical data. For major tax-based revenues, economic forecasting models are applied to account for the impact of the national and local economy.
The FY 2013 Executive Recommendation includes enhancements to existing revenue sources, such as expanding Medicaid eligibility for patients served through the County’s Health and Hospital System. The recommendation also includes proposals to close tax loopholes, incentivize individuals and businesses to purchase from within the County, and revenues that focus on benefitting the public safety and health systems. Click here to learn more about these new revenue sources and enhancements.
Additionally, the County intends to maximize reimbursements and collections from other sources such as the Tax Intercept Recovery Program and collection on the estates of unknown heirs.