Title
Adopt a Resolution approving the Fiscal Year 2026-27 Budget for the Successor Agency of the County of Monterey.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a Resolution approving the Fiscal Year 2026-27 Budget for the Successor Agency of the County of Monterey.
SUMMARY/DISCUSSION:
The County Administrative Office recommends that the Board of Supervisors approve and adopt the Fiscal Year (FY) 2026-27 Budget for the Successor Agency of the County of Monterey (Successor Agency). This budget is unchanged from the FY 2026-27 Recommended Budget as presented and received by the Board during the Budget Hearings on May 27, 2026. The FY 2026-27 Budget for the Successor Agency includes $4,471,787 in total appropriations, offset by estimated revenue of $2,885,521 and fund balance use of $1,586,266.
OTHER AGENCY INVOLVEMENT:
The County Administrative Office prepared the Successor Agency FY 2026-27 Adopted Budget resolution reflecting Board approval of the FY 2026-27 Recommended Budget as presented on May 27, 2026.
FINANCING:
The Successor Agency FY 2026-27 Adopted Budget Resolution reflects Board approval by reference of the FY 2026-27 Recommended Budget as presented on May 27, 2026, represents a balanced budget and meets all requirements for adoption.
Prepared by: Patricia Hasan, Principal Administrative Analyst, ext. 5091
Approved by: Deja Sero, County Budget Director, ext. 6780
Attachments: Successor Agency of the County of Monterey FY 2026-27 Adopted Budget Resolution