Title
Consider adopting a Resolution approving the Fiscal Year (FY) 2017-18 Budget for the County of Monterey, incorporating the FY 2017-18 Recommended Budget and additional modifications directed by the Board at the June 5-6, 2017 Budget Hearings (4/5ths Vote Required).
Report
RECOMMENDATION:
Consider adopting a resolution approving the Fiscal Year (FY) 2017-18 Budget for the County of Monterey, incorporating the FY 2017-18 Recommended Budget and additional modifications directed by the Board at the June 5-6, 2017 Budget Hearings (4/5ths Vote Required).
SUMMARY:
The County Administrative Office (CAO) presented the FY 2017-18 Recommended Budget to the Board of Supervisors (Board) at Budget Hearings on June 5, 2017. The Board approved a number of modifications and directed staff to incorporate related changes in the budget for adoption on June 27, 2017. 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 several pending budgetary issues. Specific referrals and anticipated dates of response back to the Board are detailed in Attachment B.
DISCUSSION:
The FY 2017-18 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 $1,483,087,021. Total financing includes use of fund balance of $68,011,337 and $1,415,075,684 in revenues. Monterey County's FY 2017-18 Adopted Budget provides for 5,316.9 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, included in above totals, for adoption during individually convened hearings on June 27, 2017 as appropriate.
General Fund appropriations total $679,756,053, offset by use of fund balance of $42,860,204 and $636,895,849 in revenues. The Gene...
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