Title
Support adopting a resolution directing the Auditor-Controller to amend the FY 2019-20 Adopted Budget to incorporate the Countywide Cost Allocation Plan mid-year modifications.
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
Support adopting a resolution directing the Auditor-Controller to amend the FY 2019-20 Adopted Budget to incorporate the Countywide Cost Allocation Plan mid-year modifications.
SUMMARY/DISCUSSION:
The County Auditor-Controller prepares an annual County Wide Cost Allocation Plan (COWCAP) on an annual basis. After the COWCAP is prepared, the Auditor-Controller submits the plan for approval by the State. Simultaneously, departments use the COWCAP plan to incorporate overhead costs into their budgets. In some instances, the plan submitted to the State is revised and the final figures reflected in the COWCAP are different from the amounts in the departmental budgets. Accordingly, there is a need to make budget adjustments to reflect the changes made to the COWCAP.
The recommended budget modifications are detailed in Attachment A to this report.
OTHER AGENCY INVOLVEMENT:
Development of this COWCAP and the budget is a collaborative effort between all departments, the Auditor-Controller, and the County Administrative Office.
FINANCING:
The report includes modifications to mitigate departmental impacts resulting from the Auditor-Controller’s indirect charge-back program.
Prepared by: Ezequiel Vega, County Budget Director, ext. 3078
Approved by: Dewayne Woods, Assistant County Administrative Officer, ext. 5309
Attachments: Attachment A - Recommended Modifications to the Fiscal Year 2019-20 Adopted Budget