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File #: 24-0322    Version: 1 Name:
Type: Approval Status: Agenda Ready
File created: 2/26/2024 In control: Executive Office
On agenda: 3/12/2024 Final action:
Title: Discussion and Possible Action Regarding Presentation of Mid-Year Budget Report on the Status of County Departmental Spending and Revenues for Fiscal Year 2023-24 and Executive Office Recommendations; Approval of Recommended Budget Adjustments and Journal Entries; and Adoption of Resolution Amending the FY 2023-24 Adopted Budget (Sponsor: Executive Office)
Attachments: 1. Resolution 24-042, 2. Resolution, 3. Attachment A - Net Zero, 4. Attachement B - Fixed Asset and Project Request, 5. Attachement C - Mendocino County Sales Tax Update HdL, 6. Attachment D - Capital Projects, 7. Attachment E - Budget Deficit Turnaround Plan, 8. FY23-24 Mid Year Report, 9. FY 23-24 Mid-Year Exhibit A, 10. FY 23-24 Mid-Year Slides, 11. 03-08-24 FY23-24 Mid Year Report Revised, 12. 03-08-24 FY 23-24 Mid-Year Slides Revised, 13. 03-11-24 FY23-24 Mid Year Report Revised, 14. 03-11-24 FY 23-24 Mid-Year Slides Revised

TO: Board of Supervisors
FROM: Executive Office
MEETING DATE: March 12, 2024


DEPARTMENT CONTACT:
Darcie Antle
PHONE:
707-463-4441
DEPARTMENT CONTACT:
Tim Hallman
PHONE:
707-463-4441


ITEM TYPE: Regular Agenda

TIME ALLOCATED FOR ITEM: 1 Hour


AGENDA TITLE:
title
Discussion and Possible Action Regarding Presentation of Mid-Year Budget Report on the Status of County Departmental Spending and Revenues for Fiscal Year 2023-24 and Executive Office Recommendations; Approval of Recommended Budget Adjustments and Journal Entries; and Adoption of Resolution Amending the FY 2023-24 Adopted Budget
(Sponsor: Executive Office)
End

RECOMMENDED ACTION/MOTION:
recommendation
Accept the Mid-Year Budget Report on the status of County departmental spending and revenues for FY 2023-24 and approve Executive Office recommendations; approve recommended budget adjustments and journal entries; adopt Resolution amending the FY 2023-24 adopted budget; and authorize Chair to sign same.
End

PREVIOUS BOARD/BOARD COMMITTEE ACTIONS:
The Board of Supervisors adopted the FY 2023-24 Mendocino County Budget on June 20, 2023 (Resolution 23-108). On November 7, 2023, the Board of Supervisors adopted Resolution No. 23-191, amending the Fiscal Year (FY) 2023-24 Budget

SUMMARY OF REQUEST:
Since FY 2016-17, the Board of Supervisors has 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 2023-24 Mendocino County Budget was adopted on June 20, 2023. The FY 2023-24 budget was developed using departmental-provided FY 2022-23 year-end projections from the Third Quarter.

ALTERNATIVE ACTION/MOTION:
Provide direction to staff.

STRATEGIC PLAN PRIORITY DESIGNATION: An Effective County Government

SUPERVISORIAL DISTRICT: ALL

VOTE REQUIREMENT: Majority



SUPPLEMENTAL INFORMATION AVAILABLE ONLINE AT: N/A

FISCAL DETAILS:
SOURCE OF FUNDING...

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