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File #: 24-0919    Version: 1 Name:
Type: Approval Status: Agenda Ready
File created: 9/27/2024 In control: Executive Office
On agenda: 11/5/2024 Final action:
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)
Attachments: 1. Resolution 24-160, 2. Resolution, 3. FY24-25 Q1 Report, 4. 1st Quarter Update, 5. Attachment A - FY 2024-25 1st Quarter Budget Net Zero Adjustments and Administrative Clean Up_Revised, 6. Attachment B - MultiYr Fund Grant Adjustments 1st Qtr FY 2024-25, 7. Attachment C - Fixed Asset and Structural Improvement Requests 1st Qtr FY 2024-25, 8. Attachment D - ITSF Department Allocations FY 2024-25, 9. Attachment E - MCRM Department Allocations FY 2024-25, 10. Attachment F - Mendocino Co. Unic. 2Q24 Newsletter, 11. Exhibit A - BU 1000 Revenue Forecast 1st Qtr FY 2024-25
TO: BOARD OF SUPERVISORS
FROM: Executive Office
MEETING DATE: November 5, 2024


DEPARTMENT CONTACT:
Darcie Antle
PHONE:
707-463-4441
DEPARTMENT CONTACT:
Tony Rakes
PHONE:
707-463-4441


ITEM TYPE: Regular Agenda

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 INFORMATIO...

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