To: Board of Supervisors
From: Assessor
Agenda Section: Consent
Vote Requirement: 4/5th
SUBJECT:
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Supplemental Budget Request for Budget Unit 1100113, Assessor for Fiscal Year (FY) 2023-24 (4/5 Vote Required)
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the attached supplemental budget for $74,359 in the Assessor's budget (1100113) for FY 2023-24. (4/5 Vote Required)
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STRATEGIC PLAN:
This action supports the following areas of your Board's Strategic Plan.
Area of Focus: Workforce & Operational Excellence
Strategic Plan Category: 9999 - Core Services/Other
DISCUSSION:
The Assessor's office has to date received unanticipated revenue in the amount of $109,331 from property tax administration fees and Assessor Document sales. The Assessor's office requests to utilize this income in the amount of $74,359 for FY 2023-24 expenses. The Office Expense allocation is for the cost of purchasing 11 new desktop computers ($17,687), office supplies ($42,000), new binders for Assessor Map books ($8,672) and additional travel costs and motor pool costs ($6,000).
SOURCE OF FUNDING:
1100-113-602050 Property Tax Administration Fees $40,000
1100-113-705200 Assessor Document Sales $34,359
FINANCIAL IMPACT:
Expenditures (1100, 113)
FY23-24
Budgeted Expenses
$173,419
Additional Appropriation Requested
$74,359
Total Expenditures
$247,778
*Projected amounts are estimates and are subject to change.
Funding Sources (1100, 113)
FY23-24
General Fund
$173,419
Fees/General Fund
$74,359
Total Funding Sources
$247,778
*Projected amounts are estimates and are subject to change.
Narrative Explanation of Financial Impact:
The department has received additional revenue beyond what was budgeted in Fund 1100, Budget Unit 113 - Assessor within its Property Tax Administration Fees line item and Assessor Document sales. This supplemental budget seeks to utilize $74,359 of those additional revenues for use in these pur...
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