Title
Consider adopting a resolution approving the Fiscal Year (FY) 2022-23 Budget for the County of Monterey, incorporating the FY 2022-23 Recommended Budget, which includes the County's General Financial Policies, and additional modifications directed by the Board at the June 1-2, 2022 Budget Hearings. (CORRECTED VIA SUPPLEMENTAL)
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Consider adopting a resolution approving the Fiscal Year (FY) 2022-23 Budget for the County of Monterey, incorporating the FY 2022-23 Recommended Budget, which includes the County's General Financial Policies, and additional modifications directed by the Board at the June 1-2, 2022 Budget Hearings.
SUMMARY:
The County Administrative Office (CAO) presented the FY 2022-23 Recommended Budget to the Board of Supervisors at the Budget Hearings on June 1-2, 2022. The Board approved several modifications on June 1-2, 2022, including amendments to the General Financial Policies for FY 2022-23, and directed staff to incorporate related changes in the budget for adoption on June 21, 2022. Budget Hearing modifications are detailed in Attachment A and Exhibit 1. During Budget Hearings, the Board directed additional follow-up for several pending issues. Specific referrals and anticipated dates of response back to the Board are detailed in Attachment B.
DISCUSSION:
The FY 2022-23 Budget for all funds governed by the Board of Supervisors and the Board of Supervisors acting as the Board of Directors of individual special districts and Successor Agencies totals $1,853,955,760. Total financing includes$1,791,991,199 in revenues and $61,964,561 in fund balance. Monterey County's FY 2022-23 Adopted Budget provides for 5,736.70 full-time equivalent (FTE) positions (Exhibit 1). Adopted Budget details are included in the FY 2022-23 Recommended Budget presented at Budget Hearings on June 1-2, 2022, and in the attachments to this report. The Board of Supervisors acting as the Boards o...
Click here for full text