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Prospective View <br />•Although the FY 2022/23 taxroII has remained quite strong, there is much uncertainty regarding the overall <br />economy and the impact it may have on County operations over the upcoming fiscal year. With inflation <br />increasing at rates not seen in over 40 years, ongoing supply chain issues, and labor shortages, staff <br />intends to closely monitor the impacts these factors will play on the proposed budget. A cautious and <br />conservative approach will certainly be taken when looking forward. <br />The preceding is intended to provide the Board with a general overview of the most significant changes in <br />the proposed budget. A more detailed explanation will be provided during the workshop sessions. <br />Respectfully submitted, <br />Jason E. Brown <br />County Administrator <br />• <br />• <br />OFFICE OF THE COUNTY ADMINISTRATOR <br />INDIAN RIVER COUNTY <br />1801 27th Street, Vero Beach, FI. 32960-3388 <br />PHONE: 772-226-1408 <br />11 <br />