Title
Chief Administrative Office recommending the Board consider recommended changes to the County of El Dorado Budget for Fiscal Year 2021-22 and direct staff to return on September 28, 2021, with a Budget Resolution, Budget Amendment, and corresponding Personnel Allocation Changes Resolution based on discussion and direction received during this item.
FUNDING: Various; Countywide Budget Consideration.
Body
DISCUSSION / BACKGROUND
The Board conducted the budget hearing and approved the Fiscal Year (FY) 2020-21 Recommended Budget on June 7, 2021, with Legistar item 21-0922. State law requires formal budget adoption no later than October 2nd. Though the Board technically adopted the Recommended Budget in June, El Dorado County’s practice is to revise the Recommended Budget after the close of the financial records each year in order to file an Adopted Budget with the State that includes adjusted final fund balances and addresses department needs identified after approval of the Recommended Budget and makes necessary adjustments due to State budget impacts.
The FY 2020-21 financial records have not closed as of September 14, 2021. As the records have not closed, all fund balance amounts are projections and actual numbers will be adjusted after the closing of the financial records.
Staff have prepared a recommended Adopted Budget for Board consideration and review. The documents outlining the proposed changes to the Recommended Budget were made available to the public through the El Dorado County website on September 15, 2021. The Budget documents, linked to this Legistar item, contain an updated budget memo, budget summary, and department recommended Adopted Budget narratives.
The Recommended Adopted Budget for all Governmental Funds for FY 2021-22 is $747.8 million, which is $66.5 million (10%) more than the FY 2021-22 Recommended Budget of $681.3 million. Total General Fund appropriations are recommended at $360.3 million, which is $23 million (7%) more...
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