To: Board of County Commissioners
Through: Todd Weaver, Director, Finance
Prepared By:
prepared
Jessica Savko, Budget Manager, Finance
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presenter
Presenter: Jessica Savko, Budget Manager, Finance
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Subject:
title
Adoption of 2024 First Quarter Supplemental Appropriation Resolution
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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 May 14, 2024. The supplemental appropriation resolution is attached.
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Background and Discussion: The 2024 budget was balanced and adopted on December 12, 2023. Since that date, supplemental appropriations, transfers, and reappropriations have been added to the original adopted 2024 budget. This amended budget is the basis for department and elected office projections and supplemental appropriation requests. During the first quarter of 2024, some departments and offices have identified areas or issues requiring modifications to their budgets and have submitted these needs as supplemental requests. For the first quarter of 2024, there are a number of supplemental requests that required a discussion and decision by the BOCC as well as a number that are budget neutral and have corresponding revenues to offset expenditures.
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 May 14, 2024 related to the 2024 budget. The Board gave direction to staff to bring these requests forward to public hearing on June 11, 2024, for formal adoption.
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 May 14, 2024.
Concurrence: N/A
Suggestion Motion(s): Attached is a copy of the recommended motion.
Resolution: Attached is a copy of the draft resolution.