To: BOARD OF SUPERVISORS
From: Executive Office
Meeting Date: November 5, 2024
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Department Contact: |
Darcie Antle |
Phone: |
707-463-4441 |
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Department Contact: |
Tony Rakes |
Phone: |
707-463-4441 |
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Item Type: Regular Agenda |
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Time Allocated for Item: 1 Hour |
Agenda Title:
title
Discussion and Possible Action Including Acceptance of Presentation of the First Quarter Budget Report for Fiscal Year (FY) 2024-25; Approval of Recommended Budget Adjustments and Journal Entries; Approval of Executive Office Recommendations; and Adoption of Resolution Amending the FY 2024-25 Adopted Budget
(Sponsor: Executive Office)
End
Recommended Action/Motion:
recommendation
Accept presentation of the First Quarter Budget Report for FY 2024-25; approve recommended budget adjustments and journal entries; approve Executive Office recommendations; adopt Resolution amending the FY 2024-25 adopted budget; and authorize Chair to sign same.
End
Previous Board/Board Committee Actions:
The Board of Supervisors adopted the FY 2024-25 Mendocino County Budget on June 25, 2024 (Resolution 24-096) after budget hearings held on June 4, 2024.
Summary of Request:
Since FY 2016-17 the Board of Supervisors have adopted the budget in June, prior to the previous year’s books being closed, using fiscal year end projections, rather than actual numbers. The same procedure was followed when the FY 2024-25 Mendocino County Budget was adopted on June 25, 2024. The FY 2024-25 budget was developed using departmental provided FY 2023-24 year-end projections from Third Quarter. The First Quarter report includes an update on budget process, financial outlook, fiscal 2023-24 year-end close information, and appropriation adjustments found on Attachment A.
Alternative Action/Motion:
Return item to staff and provide additional direction.
Strategic Plan Priority Designation: An Effective County Government
Supervisorial District: All
Vote Requirement: Majority
Supplemental Information Available Online At: N/A
Fiscal Details:
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source of funding: Various |
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current f/y cost: Various |
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budget clarification: One-time funds are not to be used for ongoing expenses. |
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annual recurring cost: N/A |
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budgeted in current f/y (if no, please describe): N/A |
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revenue agreement: N/A |
AGREEMENT/RESOLUTION/ORDINANCE APPROVED BY COUNTY COUNSEL: Yes
CEO Liaison: Tony Rakes, Acting Deputy CEO
CEO Review: Yes
CEO Comments:
FOR COB USE ONLY
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Executed By: Atlas Pearson, Senior Deputy Clerk |
Final Status: Adopted |
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Date: November 5, 2024 |
Executed Item Type: Resolution |
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Number: 24-160 |
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