To: Board of County Commissioners
Through: Todd Weaver, Director, Finance Department
Prepared By:
prepared
Lisa Stairs, Senior Budget Analyst, Finance Department
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presenter
Presenter: Lisa Stairs, Senior Budget Analyst, Finance Department
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Subject:
title
Adoption of Supplemental Budget Resolution for the Third Quarter 2024
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Purpose and Request:
recommended action
The purpose of this public hearing is to approve the supplemental appropriation resolution recommended by the Executive Budget Committee and reviewed by the Board of County Commissioners at the study session on November 19, 2024. The supplemental appropriation resolution is attached.
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Background and Discussion: The resolution included in the attached document reflects the supplemental appropriation requests recommended by the Executive Budget Committee and presented to the Board at a study session on November 19, 2024, related to the 2024 budget. The Board gave direction to staff to bring these requests forward to public hearing on December 10, 2024, for formal adoption. There are several departments and offices that by the end of the third quarter of 2024 have identified areas or issues requiring modifications to their budgets and have submitted these needs as supplemental appropriation requests. There are a total of 27 supplemental requests. Included in these is a request to transfer $16.9 million from the Board Designated Fund, Administrative Services and recognize in General Fund, Administrative Services to consolidate the reserve amounts in one fund. Another resolution is a request to transfer $11.8 million from the Grant Fund, Administrative services and recognize in General Fund, Administrative Services for the ARPA revenue loss replacement, transfer $3.8 million from fund balance in General Fund, Sheriff’s Office, for overages in overtime and other expenditures. There is also a resolution to recognize $1.1 million and appropriate $700,000 in the Social Services Fund, Human Services, for earned Medicaid Incentives and upgrades to the HSConnects system.
The third quarter supplemental appropriation resolutions also contain resolutions that recognize additional revenue and appropriate the same amount for grants and other new revenue. Included are requests to recognize and appropriate $78,679 in the Forfeited Property Fund for forfeiture revenue received in 2024 and recognize and appropriate roughly $1.1 million in the Infrastructure Fund, Public Works & Development for funds received from rural transportation improvement and impact fees and payment for the Dry Creek Operational Improvements IGA.
The attached resolution contains the detail of these and all the other supplemental requests for the third quarter of 2024 that have not been discussed above.
The supplemental appropriation requests were discussed at the November 19, 2024, study session and were reviewed by the Executive Budget Committee prior to that meeting. A discussion, if any, is to be determined by the Board during the public hearing. The Finance Department will attend the December 10, 2024, public hearing to address any questions or concerns regarding the above supplemental appropriation requests.
Fiscal Impact: The fiscal impact is equivalent to the net amount of each of the supplemental appropriation requests that are approved by the Board of County Commissioners.
Alternatives: Alternatively, a decision could be made that none of the 2024 budget supplemental appropriation resolutions should be adopted at this time.
Alignment with Strategic Plan:
☒Be fiscally sustainable
☒Provide essential and mandated service
☐Be community focused
Staff Recommendation: Staff will review the recommendations of the Executive Budget Committee and Board of County Commissioners regarding supplemental appropriation requests that were reviewed during a study session on November 19, 2024.
Concurrence: N/A
Suggestion Motion(s): Attached is a copy of the recommended motion.
Resolution: Attached is a copy of the draft resolution.