County of Monterey - File #: 12-589

• File #: 12-589
• Name: Adopted Budget FY 2012-13
• Type: General Agenda Item
• Status: Passed
• File created: 6/18/2012
• In control: Board of Supervisors
• On agenda: 6/26/2012
• Final action: 6/26/2012
• Title: Consider approval and adoption of the Fiscal Year (FY) 2012-13 Budget for the County of Monterey, incorporating Addendum items and modifications to the FY 2012-13 Adopted Budget approved by the Board in April, May, and June 2012, including the June 6, 2012 Budget Hearings, as reflected in Attachment B and the attached Resolution.

Date	Action By	Action	Result
6/26/2012	Board of Supervisors	approved	Pass

Title
Consider approval and adoption of the Fiscal Year (FY) 2012-13 Budget for the County of Monterey, incorporating Addendum items and modifications to the FY 2012-13 Adopted Budget approved by the Board in April, May, and June 2012, including the June 6, 2012 Budget Hearings, as reflected in Attachment B and the attached Resolution.
Body
RECOMMENDATION:
It is recommended that the Board of Supervisors (Board) consider approval and adoption of the Fiscal Year (FY) 2012-13 Budget for the County of Monterey, incorporating Addendum items and modifications to the FY 2012-13 Adopted Budget approved by the Board in April, May, and June 2012, including the June 6, 2012 Budget Hearings, as reflected in Attachment B and the attached Resolution.

SUMMARY/DISCUSSION:
The County Administrative Office presented the FY 2012-13 Recommended Budget to the Board of Supervisors at Budget Hearings on June 6, 2012. The Board requested a number of modifications and directed staff to incorporate changes in the budget for adoption on June 26, 2012. The Adopted Budget incorporates these modifications, as well as modifications approved in April, May, and June 2012 Board meetings, and Addendum items that could not be included in the Recommended Budget due to Performance Budget (PB) system programming and timing restrictions. The FY 2012-13 Budget for all funds governed by the Monterey County Board of Supervisors totals $931.7 million, including $1.0 million in provisions for reserves and $930.7 million in appropriations. The $1.0 million reserve establishes a Public Safety Sales Tax revenue stabilization assignment to mitigate impacts to public safety/criminal justice department functions in the event of unforeseen fluctuations in this revenue source. This budget provides for 4,460.2 full-time equivalent (FTE) positions. Available financing of $931.7 million includes a beginning fund balance of $22.0 million from non-General Fund departments, cancellation of reserves, designation...