Title
Adopt a resolution to approve the Fiscal Year (FY) 2015-16 Budget for the County of Monterey, incorporating the FY 2015-16 Recommended Budget and additional modifications directed by the Board at the June 2, 2015 Budget Hearings (4/5ths Vote Required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors (Board) consider adoption of a resolution to approve the FY 2015-16 Budget for the County of Monterey, incorporating the FY 2015-16 Recommended Budget and additional modifications directed by the Board at the June 2, 2015 Budget Hearings (4/5ths Vote Required).
SUMMARY:
The County Administrative Office (CAO) presented the FY 2015-16 Recommended Budget to the Board of Supervisors at Budget Hearings on June 2, 2015. The Board approved a number of modifications and directed staff to incorporate related changes in the budget for adoption on June 23, 2015. Budget Hearing modifications directed by the Board are detailed in Attachment A and Exhibit 1. During Budget Hearings, the Board directed additional follow-up for a number of pending budgetary issues. Specific referrals and anticipated dates of response back to the Board are detailed on Attachment B.
DISCUSSION:
The FY 2015-16 Budget for all funds governed by the Board of Supervisors, the Board of Supervisors Acting as the Boards of Directors of individual Special Districts and Successor Agencies totals $1,216,118,809. Total financing includes use of fund balance of $42,017,163 and $1,174,101,646 in revenues. Monterey County's FY 2015-16 Adopted Budget provides for 5,059.5 full-time equivalent (FTE) positions (Exhibit 1). The Board of Supervisors Acting as the Boards of Directors of individual Special Districts and Successor Agencies will consider related budgets, inclusive in above totals, for adoption during individually convened hearings on June 23, 2015 as appropriate.
General Fund appropriations total $602,502,895, offset by use of fund balance of $17,918,229 and $584,584,666 in revenues. The General Fund budget provides for 3,352 FTE.
Adopted Budget details are included in the FY 2015-16 Recommended Budget presented to the Board and to the public at Budget Hearings on June 2, 2015, and Board directed modifications listed in Attachment A and Exhibit 1 to the Resolution of Adoption.
The County Administrative Office recognizes that adoption of the State's FY 2015-16 Budget could impact County operations. Staff closely monitors the County's revenue and expenditure conditions to identify emerging issues and potential impacts that may require additional Board action. The County Administrative Office will return to the Board to address State Budget and local issues and make recommendations as necessary to maintain a balanced budget throughout the fiscal year.
OTHER AGENCY INVOLVEMENT:
All County departments and agencies participate in development of the annual budget. At the close of Budget Hearings on June 2, 2015, staff in the CAO - Budget and Analysis Division, Auditor-Controller's Office, and Human Resources Department initiated collaborative efforts to ensure that all components of the County's FY 2015-16 Adopted Budget are programmed in Countywide Enterprise budget, payroll, accounting, and Human Resources position tracking systems for accurate and timely implementation on July 1 of the new fiscal year.
FINANCING:
The FY 2015-16 Adopted Budget reflects the FY 2015-16 Recommended Budget and changes directed by the Board during Budget Hearings on June 2, 2015. The FY 2015-16 Budget is balanced and meets all requirements for adoption and implementation effective July 1, 2015.
Prepared by: Approved by:
________________________________ __________________________________
Veronica Fernandez/Lucila Sanchez Dewayne Woods
Associate Administrative Analysts Assistant County Administrative Officer
Attachments:
1) FY 2015-16 Adopted Budget Resolution
2) Attachment A - Adjustments to the FY 2015-16 Recommended Budget as directed by the Board of Supervisors during June 2, 2015 Budget Hearings
3) Exhibit 1 - FY 2015-16 Adopted Budget Countywide Position Summary
4) Attachment B - Board-directed follow-up and pending Budget issues
cc: Department Heads