Title
Receive a report on the Governor’s 2017-18 Proposed Budget.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors receive a report on the Governor’s 2017-18 Proposed Budget.
SUMMARY:
The Governor released his proposed FY 2017-18 budget on January 10, 2016. This staff report provides an overview of the proposed budget and highlights potential impacts to the County of Monterey.
DISCUSSION:
The Governor’s budget proposes a general fund spending plan of $122.5 billion, a 0.2% decrease over the revised FY 2016-17 plan. With lower than anticipated revenues, the Governor proposes constraining spending growth and decreasing one-time expenditures approved in FY 2016-17. The Governor’s spending plan protects educational growth, the minimum wage increase, the earned income tax credit and the expansion of health care coverage. It also includes $1.5 billion toward the rainy-day fund in preparation of an inevitable economic downturn. Details are covered in the attached report.
OTHER AGENCY INVOLVEMENT:
This report incorporates staff’s review of the Governor’s FY 2017-18 proposed budget as well as information and analysis provided by the California State Association of Counties and Legislative Analyst’s Office. County departments provided analysis of the Governor’s budget and provided input on any potential impacts the proposed budget may have to County programs and services.
FINANCING:
Acceptance of this report has no direct impact on the County budget.
Prepared by: Approved by:
Veronica Fernandez Paul Lewis
Associate Administrative Analyst County Budget Director
Approved by:
Dewayne Woods,
Assistant County Administrative Officer
Attachment: Analysis of the Governor’s 2017-18 Proposed Budget