COUNTY OF LAKE - File #: 18-491

• File #: 18-491
• Version: 1
• Type: Action Item
• Status: Approved
• File created: 5/31/2018
• In control: BOARD OF SUPERVISORS
• On agenda: 6/12/2018
• Final action: 6/12/2018
• Title: a) Consideration of the FY 2018-19 Recommended Budget; b) Consideration of the proposed Resolution Establishing New Classifications and Amending the Position Allocation Table for FY 2018-19 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 2018-19 Final Recommended Budget (If necessary, this item may carry over to June 13, 2018 @ 9:00 a.m.)
• Sponsors: Administrative Office

Date	Ver.	Action By	Action	Result
6/12/2018	1	BOARD OF SUPERVISORS

Title
Body
MEMORANDUM

TO: Lake County Board of Supervisors
FROM: Carol J. Huchingson, County Administrative Officer
DATE: June 12-13, 2018
SUBJECT: a) Consideration of the FY 2018-19 Recommended Budget
b) Consideration of the proposed Resolution Establishing New Classifications and Amending the Position Allocation Table for FY 2018-19 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 2018-19 Final Recommended Budget
EXECUTIVE SUMMARY:
Presented for your consideration is the proposed Recommended Budget for fiscal year 2018-19. By approving a Recommended Budget, you are authorizing the expenditure of funds for operational needs until such time as the Final Recommended Budget is adopted in September ("Adopted Budget"). As noted this time last year, we continue to face unprecedented fiscal and operational challenges as will be detailed during discussion with your Board.

As required by law, the proposed Recommended Budget is balanced, meaning that there is sufficient revenue to support recommended appropriations. Like the FY 2017-18 Adopted Budget, however, the FY 2018-19 Recommended Budget is not structurally balanced, meaning that it reflects the use of one-time funds such as unreserved fund balance carryover to support on-going operational costs in the General Fund. Consistent with your Board's commitment to incrementally reduce reliance on such one-time funds, the amount of unreserved fund balance carryover used to balance the FY 2018-19 budget is less than the amount required to balance the FY 2017-18 budget. The exact figures are delineated in the attached Fiscal Impact Narrative.

Achieving a reduction in the use of one-time funding has been particularly challenging in light of flat revenue projections, the extraordinary increase in the cost of State-mandated retirement contributions and additional costs of law en...