Title
Auditor-Controller's Office recommending the Board approve and authorize the Chair to sign a Fiscal Year 2025-26 Budget Transfer Request to increase revenue by $50,000 and Salaries and Benefits appropriations by $70,000 and decrease Services and Supplies appropriations by $20,000 due to increases in projected revenues and Salaries and Benefits costs. (4/5 vote required)
FUNDING: General Fund.
Body
DISCUSSION / BACKGROUND
Permanent, full-time employees in the Auditor-Controller’s Office performed more billable accounting work than expected during Fiscal Year 2025-26. Accordingly, departmental revenues will be about $50,000 more than expected. In addition, Salaries and Benefits may increase by $70,000 due to Board approved salary increases. The attached budget transfer will increase the department’s revenues by $50,000, decrease appropriations for Services and Supplies (travel, training, and postage) by $20,000, and increase appropriations for Salaries and Benefits by $70,000.
ALTERNATIVES
The Board could choose not to approve and authorize the Budget Transfer.
PRIOR BOARD ACTION
N/A
OTHER DEPARTMENT / AGENCY INVOLVEMENT
N/A
CAO RECOMMENDATION / COMMENTS
Approve as recommended.
FINANCIAL IMPACT
The Auditor-Controller’s Net County Cost will remain unchanged.
CLERK OF THE BOARD FOLLOW UP ACTIONS
Clerk of the Board to obtain Board Chair signature on the original Budget Transfer and return the Budget Transfer to the Chief Administrative Office for processing.
STRATEGIC PLAN COMPONENT
N/A
CONTACT
Joe Harn