To: Board of Supervisors
From: Human Resources
Agenda Section: Consent
Vote Requirement: 4/5th
SUBJECT:
title
Year-End Supplemental Budget for Fiscal Year (FY) 2022-23 (4/5 Vote Required)
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the attached supplemental budget to cover overdrafts in the Personnel budget (1100-130) and in the Risk Management Insurance Internal Services Funds (ISF) for FY 2022-23 (4/5 Vote Required).
Body
SOURCE OF FUNDING:
General Fund, Insurance ISF
DISCUSSION:
At the end of each fiscal year, budgets must be within appropriations. The Personnel budget (1100-130) received unbudgeted revenue funds from Public Risk Solutions and Management (PRISM), through which the county purchases excess liability, primary and excess Workers' Compensation and various other insurance programs, to help address the department's needs for computers and reimbursement from the Federal Emergency Management Agency (FEMA) from costs incurred for expenditures related to the COVID-19 pandemic. The attached supplemental budget reflects these additional unanticipated revenues utilized to cover overages in the Personnel budget for FY 2022-23.
Due to changes in staff and accounting practices the budgets submitted for the Workers Comp, Liability and Purchased Insurance ISFs in FY 2022-23 did not include the revenue from charges to County departments and the associated insurance costs. Per the direction of the Auditor-Controller, corrections to the insurance ISF budgets to the county are included in the supplemental budget. The attached supplemental budget is necessary to appropriate funds to the Insurance ISFs for the revenues and expenditures that have already occurred in the year. Sufficient funds exist in the Insurance ISFs
FINANCIAL IMPACT:
Expenditures (Various)
FY22-23 Adopted
Additional Appropriation Requested
$16,459,141
Total Expenditures
$16,459,141
Funding Sources (Various)
FY22-23 Adopted
State/Fede...
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