To: Board of Supervisors
From: County Administrative Office
Agenda Section: Departmental
Vote Requirement: Majority
SUBJECT:
title
Mid-Year Budget Review for Fiscal Year (FY) 2022-2023 and Budget Outlook for FY 2023-2024
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Receive and file a review of the current FY 2022-23 budget and the budget outlook for FY 2023-2024;
2. Direct the County Administrative Officer (CAO) to prepare the FY 2023-2024 budget based on the following parameters;
a. Set departmental allocations from the General Fund to remain the same as FY 2022-23 (including the 10% vacancy allowance);
b. Limit requests for additional General Fund appropriations to only those which prevent layoffs and allow departments to recommend furloughs, hiring freezes, or staffing reductions in their departments in order to minimize impact to essential services;
c. Allocate one-time funding to one-time expenditures to balance department budgets and prioritize use of department trust fund balances over new or increased General Fund allocations and requests;
d. Set the annual departmental contributions to Public Agency Retirement Services (PARS) to 2% of annual salaries;
e. Suspend the annual contribution to Deferred Maintenance Trust Fund (3464) for FY 2023-2024;
f. Increase the transfer from the Tax Loss Reserve to $2 million, so long as the minimum reserve is retained;
g. Reduce trust and reserve funds to the minimum balance required by county policy, ordinance or Government Code. Consider transferring to General Reserve as a fiscal precaution to an extended recession in Humboldt County;
h. Reallocate ARPA funding not committed or expended by end of FY 2022-2023;
i. Provide additional direction to staff on actions to close the FY 2023-2024 projected General Fund budget deficit;
3. Appoint two (2) Board Members to a Budget Ad Hoc Committee; and
4. Provide additional direction to staff as appropriate.
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SOURCE OF FUNDIN...
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