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FY 2009-11Presentation of
Governor Perduersquos Recommended Budget
Prepared byThe Office of State Budget and Management
March 17 2009
22
Agenda
I Governor Perduersquos Budget PrioritiesII Summary of FY 2009-11 BudgetIII Recommendations by SubcommitteeIV Economic and Revenue UpdateV Summary
33
Governor Perduersquos Budget Priorities
bull Growing North Carolinarsquos Economybull Improving Public Educationbull Keeping Higher Education Accessible and
Affordable
bull Protecting Our Most Vulnerable Citizensbull Keeping Our Communities Safebull Making Government More Efficient and
Accountablebull Fiscal Responsibility
44
Budget Themes
bull Truth-in-budgeting (payroll enhanced flexibility)
bull Targeted reduction approachndash One size does not fit all
bull Focus on protecting amp preserving core services
55
Agenda
I Governor Perduersquos Budget PrioritiesII Summary of FY 2009-11 BudgetIII Recommendations by SubcommitteeIV Economic and Revenue Update V Summary
66
FY 2009-11 Initial Appropriation Requirements
FY 2009-10 FY 2010-11
Continuation Budget(Includes Education Enrollment Medicaid
State Health Plan Retirement System Contribution and Teacher Salary Step Increase)
$ 22114 $ 22815
+ Expansion Budget $ 170 $ 123
Total $ 22283 $ 22938
$- $5000 $10000 $15000 $20000 $25000
Continuation Budget Expansion Budget
FY 2009-10
FY 2010-11
millions
All figures in millions of dollars
77
Consensus Baseline Revenue ForecastFY
2009-10Change from
2008-09FY
2010-11Change from
2008-09
Personal Income $ 10385 -9 $ 10962 -4
Sales amp Use $ 5038 -6 $ 5400 0
Corporate Income $ 772 -35 $ 824 -31
Alcohol and Tobacco $ 451 54 $ 451 54
Other Taxes and Revenue Sources $ 2215 -16 $ 2267 -14
Total $ 18862 -10 $ 19904 -5
$- $5000 $10000 $15000 $20000 $25000
Personal Income Sales amp Use Corporate Income
Alcohol and Tobacco Other
FY 2009-10
FY 2010-11
millions
Change from Budgeted FY 2008-09 Revenue All figures in millions of dollars
88
Initial Requirements vs Base Revenue
FY 2009-10 FY 2010-11
Base Revenue Forecast $ 18862 $ 19904
Initial Appropriation Requirements $ 22283 $ 22938
Balance $(3422) $(3034)
$- $5000 $10000 $15000 $20000 $25000
Initial Appropriation Requirements Base Revenue Forecast
FY 2009-10
FY 2010-11
millions
All figures in millions of dollars
99
FY 2009-11 Measures to Balance
FY 2009-10 FY 2010-11
Budget Reductions (-) $ 1302 (-) $ 1289
Federal Recovery Funds $ 1714 $ 1211
Revenue Changes $ 580 $ 707
TOTAL Measures to Balance $3596 $3207
$- $5000 $10000 $15000 $20000 $25000
New Recommended Appropriations Base Revenue ForecastFederal Recovery Funds Revenue ChangesBudget Reductions
FY 2009-10
FY 2010-11
millions
All figures in millions of dollars
1010
$- $400 $800 $1200 $1600 $2000
FMAP Education General Purpose
Federal Recovery Funds
FY 2009-10
FY 2010-11
FY 2009-10 FY 2010-11
Federal Medicaid Assistance Program (FMAP) $ 1004 $ 501
Fiscal Stabilization ndash Education $ 581 $ 581
Fiscal Stabilization ndash General Purpose $ 129 $ 129
$ 1714 $ 1211
millions
All figures in millions of dollars
1111
Agenda
I Governor Perduersquos Budget PrioritiesII Summary of FY 2009-11 BudgetIII Recommendations by SubcommitteeIV Economic and Revenue UpdateV Summary
1212
IV Recommendations by Subcommittee
A EducationB Health and Human Services
(HHS)C General Government
Natural and Economic Resources Justice and Public Safety (GGNERJPS)
D InfrastructureE TransportationF Statewide Reserves
13
1Revised per Executive Order No 6 11320092Includes Teachersrsquo Salary Step Increase
3 From FY 2008-09
13
Education Budget OverviewRevised FY 2008-09 1
FY 2009-102
Change 3
FY 2010- 112
Change 3
Public Schools
Requirements $11108 $11226 1 $11377 2
Receipts $2898 $3214 11 $3213 11
Appropriations $8210 $8012 -2 $8164 -06
UNC System
Requirements $4019 $4159 4 $4247 6
Receipts $1292 $1301 07 $1318 2
Appropriations $2727 $2858 5 $2929 7
Community Colleges
Requirements $1203 $1293 8 $1345 12
Receipts $238 $266 12 $277 17
Appropriations $965 $1027 6 $1068 11
All figures in millions of dollars