Title
The Budget Ad-Hoc committee recommending the Board adopt the attached El Dorado County Budget Policy.
FUNDING: N/A
Body
DEPARTMENT RECOMMENDATION
The Budget Ad-Hoc committee is recommending that the Board approve the attached El Dorado County Budget Policy. The committee has met on multiple occasions to review and finalize this policy.
DISCUSSION / BACKGROUND
The budget policy is a guiding document developed for the County in regards to a variety of budget decisions. The policy consists of the following sections:
- Operational Efficiencies
- Board Discretion
- Pusuit of new revenues
- New Discretionary programs
- County share of costs
- Vacant and new positions
- General Fund Contingency
- General Reserves
- Capital Reserves
- Other Post-Employment Benefits
ALTERNATIVES
In lieu of approving the Budget Ad-Hoc committee's recommendation, the Board can suggest changes to the draft policy or continue to provide direction on a case by case basis when budget decisions need to be made.
OTHER DEPARTMENT / AGENCY INVOLVEMENT
The Budget Ad-Hoc Committee is comprised of 2 County Supervisors (Currently Supervisor's Veerkamp and Frentzen), the Chief Administrative Officer, the Auditor-Controller, the Director of Health and Human Services, the Director of Community Development Agency, the Chief Budget Officer, the Director of Local 1, and 2 members of the public.
CAO RECOMMENDATION
The Chief Administrative Office recommends that the Board adopt the El Dorado County Budget Policy.
FINANCIAL IMPACT
N/A
CLERK OF THE BOARD FOLLOW UP ACTIONS
The Chief Adminisitrative Office will include the adopted Budget Policy in the published budget book.
STRATEGIC PLAN COMPONENT
The Budget Policy is a part of the fiscal sustainability component of the strategic plan.
CONTACT
Laura Schwartz