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LEGISLATIVE RESEARCH CENTER
File #: 24-5435    Version: 1
Type: Ordinance Status: Approval of Agenda and Consent Agenda
File created: 7/3/2024 In control: Finance
On agenda: 7/15/2024 Final action: 7/15/2024
Title: Vote to amend the Fiscal Year 2023-2024 Budget Ordinance
Attachments: 1. Budget Amendment 2023-2024 Jul 15

Title

Vote to amend the Fiscal Year 2023-2024 Budget Ordinance

 

Abstract

Introduction & Background: Introduction & Background: During the fiscal year, the budget must be amended as changing conditions warrant. The fiscal year 2023-2024 budget ordinance authorizes the County Manager to transfer funds within a department without limitation. The Manager may also transfer amounts of up to $5,000 between departments of the same fund and transfer amounts up to $50,000 from contingency with a memorandum report of such transfers to the Board. The Board must approve all other transfers. 

                     

Discussion & Analysis: The attached proposed amendments must be approved by the Board of Commissioners for Fiscal Year 2024.

 

The County Manager department’s budget is being increased by $100,000 with an increase in revenue from a Blue Cross Blue Shield Grant to cover Building Integrated Communities (BIC) expenses. 

 

The Sustainability department’s budget is being increased by $20,000 with an increase in revenue from the Department of Environmental Quality to cover additional program grant expenses.

 

The Facilities department’s budget is being increased by $425,000 with an increase from Capital Reserve to cover Continued Maintenance Repair Program (CMRP) expenses. 

 

How does this relate to the Comprehensive Plan: N/A

 

Budgetary Impact: The proposed amendments increase the General Fund by $120,000 and transfers between departments by $425,000.

 

Recommendation/Motion: Motion to amend the Fiscal Year 2023-2024 Budget Ordinance.