Mendocino County - File #: 16-1150

• File #: 16-1150
• Version: 1
• Type: Resolution
• Status: Approved
• File created: 11/4/2016
• In control: Executive Office
• On agenda: 11/14/2016
• Title: Presentation of FY 2016-17 1st Quarter Budget Report and Adoption of Resolution Amending the FY 2016-17 Adopted Budget

Date	Ver.	Action By	Action	Result
11/14/2016	1	Board of Supervisors

To:  Board of Supervisors

From:  Executive Office

Meeting Date:  November 14, 2016

Department Contact:	Carmel J. Angelo	Phone:	463-4441
Department Contact:	Alan D. Flora	Phone:	463-4441

Item Type:   Regular Agenda

Time Allocated for Item: 1 hour

Agenda Title:

title

Presentation of FY 2016-17 1^st Quarter Budget Report and Adoption of Resolution Amending the FY 2016-17 Adopted Budget

End

Recommended Action/Motion:

recommendation

Accept the FY 2016-17 1^st Quarter Budget Report; adopt Resolution amending the FY 2016-17 Adopted Budget; and authorize Chair to sign same.

End

Previous Board/Board Committee Actions:

After budget hearings held on June 7^th and 8^th, on June 21, 2016 the Board of Supervisors Adopted the FY 2016-17 Mendocino County Budget.

Summary of Request: 

In previous years the Board of Supervisors have approved a Recommended Budget in June and adopts a final budget in September or October after the previous year’s books are closed by the County Auditor.  For FY 2016-17 the Board adopted a budget in June, prior to the previous year’s books being closed.  This budget was based on end of the fiscal year projections, rather than actual numbers.

The 1^st Quarter Report includes a brief update on local economic indicators, updates from departments on budget benchmarks through the 1^st Quarter of the fiscal year (July 1^st through September 30^th), and several recommended budget adjustments.  Some departments expect the need to amend their budgets at some point in the fiscal year, but the Executive Office has recommended only critical adjustments be made this early in the year.  A larger number of adjustments may be considered during the Mid-Year (2^nd Quarter) Report, anticipated in February.

The Auditor-Controller closed the FY 2015-16 books on August 31^st.  After the final numbers were compiled, the General Fund had a savings of $8,827,145, or $2,692,253 more than the projections included in the Adopted Budget.  The 1^st Quarter Report includes recommendations for appropriating the additional funds based on the Board’s Budget Goals and Priorities, which primarily include additional investment in county roads and various capital and deferred maintenance projects.  See the attached 1^st Quarter Budget Report for additional information.

Alternative Action/Motion:

Provide alternate direction to staff related to the FY 2016-17 Budget.

Supplemental Information Available Online at: N/A

Fiscal Impact:

Source of Funding: Various	Budgeted in Current F/Y: No
Current F/Y Cost: Various	Annual Recurring Cost: N/A
Supervisorial District:  All	Vote Requirement:  4/5's

Agreement/Resolution/Ordinance Approved by County Counsel: Yes

CEO Liaison: Alan D. Flora, Assistant CEO
CEO Review: Yes

Comments: