To: Board of Supervisors
From: County Administrative Office
Agenda Section: Time Certain Matter
SUBJECT:
title
10:30 a.m. - Budget Review for Fiscal Year (FY) 2020-21 and Budget Outlook for FY 2021-22
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Receive and file a review of the current FY 2020-21 and budget outlook for FY 2021-22;
2. Direct the County Administrative Office (CAO) to prepare the FY 2021-22 budget proposal based on status quo General Fund allocations:
a. Set departmental allocations from the General Fund to remain the same as in fiscal year 2020-21 with exceptions for Measure Z and those departments that have received increased ongoing General Fund allocations during fiscal year 2020-21;
b. Accept and consider requests for additional General Fund appropriations with a preference given to one-time requests;
3. Review the estimated unallocated Measure Z revenues along with the recommendations from the Measure Z Citizens' Advisory Committee (Attachment I) and provide direction on whether to allocate funding;
4. Determine if departmental budget presentations will be held for FY 2021-22 and determine presentation schedule;
5. Direct staff to return at third quarter only if the budget parameters set forth for FY 2021-22 require substantial changes; and
6. Provide additional direction to staff as appropriate.
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SOURCE OF FUNDING:
All County Funds
DISCUSSION:
The CAO undertakes a mid-year financial review each fiscal year. The mid-year review serves the dual purpose of monitoring the county's budget for the current fiscal year and providing staff, your Board, and the public with a preview of the county's financial status going into the next budget year. As of January 21, 2021, FY 2019-20 has not yet closed. Closing a fiscal year essentially posts all of the credits and debits to the county's various accounts for a fiscal year, similar to the way a bank posts charges and deposits to a checking account. T...
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