Title
El Dorado County Air Quality Management District (AQMD) recommending the Board, acting as the Board of Directors of the El Dorado County Air Quality Management District, approve and authorize the Chair to sign a Budget Transfer amending the Air Quality Management District's Adopted FY 2026-27 Budget to increase fund balance appropriations by $489,779, balanced with a $489,779 increase in appropriations, primarily Contingency, as a result of the close of the FY 2025-26 financial records (4/5 vote required).
FUNDING: N/A
Body
DISCUSSION / BACKGROUND
The Air Quality Management District's Board of Directors conducted a Budget Hearing on the District's recommended Fiscal Year (FY) 2026-27 budget on June 9, 2026 with Legistar file 26-0843. The Board then adopted the recommended budget on June 23, 2026, with the approval of Resolution 114-2026.
On August 26, 2026, the County's Auditor-Controller finalized the FY 2025-26 financial
records, and the final year-end fund balances were calculated. Staff are recommending the Board approve a budget transfer to make adjustments to the Adopted AQMD FY 2026-27 Budget based on these actual year-end fund balances. The recommended revisions are outlined in the AQMD Fund Balance True Up Summary, and the Budget Transfer form is included for Board review and approval for inclusion in the FY 2026-27 Adopted Budget for the District. These adjustments require a 4/5 vote as these changes are being made after the District's budget was adopted by the Board on June 23, 2026.
The recommended changes increase the use of the District's fund balances for the four
AQMD sub-funds by a total of $480,058. The changes in budgeted Use of Fund Balance are:
- An increase of $126,435 in the District's Operations/Miscellaneous Grants subfund, mainly due to increased revenues in FY 2025-26 and some reduced grant/incentive expenditures. This increase will be offset by an increase in budgeted Contingency.
- An increase of $295,189 in the AB2766 Gr...
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