Pontiac, Michigan -- Oakland County Executive L. Brooks Patterson applauds the Board of Commissioners' unanimous vote today in favor of his three-year budget recommendation for Fiscal Years 2012, 2013 and 2014.
The General Fund budget is balanced at $412,035,974 for Fiscal Year 2012; $413,950,138 for Fiscal Year 2013; and $421,212,381 for Fiscal Year 2014. Total budget for all funds amounts to $796,178,345 for Fiscal Year 2012; $783,509,204 for Fiscal Year 2013; and $790,936,792 for Fiscal Year 2014.
"In the design and execution of an effective long term budget, it is essential to have the commitment and cooperation of all elected officials," said Patterson "Oakland County enjoys that commitment and cooperation."
Under the new budget, which begins October 1, Oakland County employees will see no changes to their salaries in Fiscal Years 2012 and 2013. Employees are projected to receive a 1% pay increase in 2014. Employees will continue to contribute to the funding of their health care benefits, as they have since 1997.
"I want to take this opportunity to thank Oakland County employees for their dedication and hard work," Patterson said. "An overwhelming majority of them understand the financial challenges imposed by the economy, and they have accepted bearing some of the burden to reduce costs."
In addition, there are two programmatic changes: the reduction of one judge and subsequent staff in 52-4 District Court mandated by the State Court Administrative Office (a county savings of $155,000) and the potential for the Oakland County Sheriff to house short-term medium security prisoners for the Michigan Department of Corrections with an estimated net financial benefit of $1 million.
Oakland County is now addressing fiscal issues that will emerge in 2015 so that they do not become a crisis.
"Oakland County has and will continue to operate within its limited resources," Patterson said. "This is accomplished through our financial planning practices which include long-term financial forecasting, monitoring of the economic conditions and their impact on the budget, identifying opportunities for increased efficiencies, and continuous efforts toward reducing expenditures."
To view Patterson's July budget message, go to www.oakgov.com/exec. To view current and past budget documents, go to http://www.oakgov.com/mgtbud/fiscal/Pages/default.aspx.
For media inquiries only, please contact Bill Mullan, Media and Communications Officer, at (248) 858-1048.