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 ...
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