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Since we have just begun the FY98-99 budget process, there are still significant financial information gaps in both revenues and expenditures for both FY98-99 and the following years. At this preliminary stage, I am confident that Marion County will receive an additional increase of approximately $2.1 million in revenues in the upcoming fiscal year. Relatively speaking, $235,569 represents only .5% of the approximate $40,000,000 in annual general fund revenues that are received by Marion County. The county will have adequate resources to absorb this additional general fund cost. Also, as noted above, additional general and non-general fund costs will not be incurred until the fiscal years 2000/2001. This gives us a two-year lead time and three budget cycles to plan ahead. Marion County is working to identify and implement new revenue streams. These revenues may be used to offset future liabilities. Some of these are identified as follows: ^ Establish new and/or increase existing fees ^ Obtain funding for partially-funded or unfimded state mandates ^ Graduated rental adjustments (blended) ^ "Soft" hiring freeze If the Courthouse Square project is abandoned, then the county will need to continue renting commercial building space. This space will cost approximately $1.47 per SF in the,years 2000/2001. This is a substantial increase from the $1.30 per SF cost projected for Courthouse Square. Furthermore, the county will be a tenant and suUject to the long-term inflation of market rents. Conversely, by continuing with the Courthouse Square project, the county will pay less rent and will own it's building. For all of the reasons stated above, I am confident that the Courthouse Square project will not substantially hurt existing county programs.