File #: 24-710    Version: 1 Name:
Type: Action Item Status: Agenda Ready
File created: 6/14/2024 In control: BOARD OF SUPERVISORS
On agenda: 6/21/2024 Final action:
Title: 9:00 A.M. - PUBLIC HEARING - Consideration of Recommended Budget for Fiscal Year 2024-25 for the County of Lake and Special Districts Governed by the Board of Supervisors
Sponsors: Administrative Office
Attachments: 1. Budget Hearing Schedule, 2. BOS Memo Recommended Budget 2024-25, 3. Resolution Amending the Position Allocation Chart for Fiscal Year 2024-25 to Conform to the Recommended Budget, 4. Table of Contents, 5. Capital Asset List FY 24-25 Recommended Budget, 6. Adjustment Summary FY 24-25, 7. Fund Summary Recommended Budget FY 24-25, 8. Budget Narratives FY 24-25
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Memorandum


Date: June 20-21, 2024

To: The Honorable Lake County Board of Supervisors

From: Susan Parker, County Administrative Officer
Stephen L. Carter, Jr., Assistant County Administrative Officer
Casey Moreno, Deputy County Administrative Officer

Subject: 9:00 A.M. - PUBLIC HEARING - Consideration of Recommended Budget for Fiscal Year 2024-25 for the County of Lake and Special Districts Governed by the Board of Supervisors
a) Consideration of FY 2024-25 Recommended Budget

b) Consideration of proposed Resolution Amending the Position Allocation Chart for FY 2024-25 to Conform to the Recommended Budget

c) Consideration of Authorization for affected Department Heads to proceed with purchasing selected Capital Assets prior to the adoption of the FY 2024-25 Final Recommended Budget

Executive Summary: We are pleased to present for your Board's consideration the Recommended Budget for Fiscal Year (FY) 2024-25. This Recommended Budget has been prepared in compliance with the County Budget Act. It must be Approved no later than June 30, 2024, and Adopted no later than October 2, 2024. Adoption of the budget is anticipated following Public Hearings presently scheduled for September 24, 2024.

Your Board may modify the Recommended Budget as you desire prior to Approval. By Approving the Recommended Budget, you authorize expenditure of funds for operational needs of County departments until your Final Recommended Budget is Adopted.

Recommended appropriations for all funds total $396,621,387 (an increase of $13,505,756 from FY 2023-24 adopted budget). General Fund (GF) appropriations are $100,770,010 (an increase of $2,223,744 from FY 2023-24 adopted budget).

The guiding principles in preparing the Recommended Budget continue to be as follows:
1. Develop a responsible, sustainable budget that will enable the County to maintain its
2. fiscal solvency for the short- and long-term.
3. Minimize and/or completely avoid negative impacts on service levels p...

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