To: Board of County Commissioners
Through: Todd Weaver, Director, Finance
Prepared By:
prepared
Jessica Savko, Budget Division Manager, Finance
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presenter
Presenter: Jessica Savko, Budget Division Manager & Leanna Quint, Senior Budget Analyst, Finance
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Subject:
title
1:15 PM *2023 Third Quarter Budget Review & 2024 Recommended Budget Review
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Purpose and Request:
recommended action
The purpose of this study session is two-fold. First, this study session is to update the Board of County Commissioners (BOCC) on the status of the 2023 budget as of the third quarter, to review the fiscal status of Arapahoe County, and identify issues that may arise in the near future. Various supplemental appropriation requests will be reviewed by the Executive Budget Committee and recommended for approval by the Board. These supplemental appropriation requests will be presented, and the Board will be asked to review these proposals and decide which should go forward to a public hearing on December 12, 2023. This study session is also to update the Board of County Commissioners on the current status of the 2024 budget and any changes that have been made to the budget since it was recommended and submitted to the Board on October 10, 2023, prior to consideration for adoption also on December 12, 2023.
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Background and Discussion:
Review of the 2024 Budget
The 2024 recommended budget was presented to the BOCC on October 10, 2023, followed by the recommendations of the Executive Budget Committee (EBC) on October 17, 2023. At that time, the General Fund operating budget was balanced with about a $285,000 remainder in the General Fund operating budget and included a number of recommendations for the BOCC to consider. In preparing the budget for adoption, there are always a number of items that need to be recalculated and finalized prior to the adoption of the budget in early December. Among the items to be revised is a complete recalculation of the Count...
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