Title
Body
MEMORANDUM
TO: Board of Supervisors
FROM: Carol J. Huchingson, County Administrative Officer
DATE: September 10, 2019
SUBJECT: 9:00 A.M. - PUBLIC HEARING - Consideration of the Final Recommended Budget for Fiscal Year 2019/2020 for the County of Lake and Special Districts Governed by the Board of Supervisors
EXECUTIVE SUMMARY:
I am pleased to present, for your consideration, the Fiscal Year (FY) 2019-20 Final Recommended Budget. This memorandum is intended to serve as an update to our June 5, 2019 memorandum introducing the FY 2019-20 Recommended Budget. For your reference, that memorandum is also attached to your agenda packet as much of it is still applicable.
As noted in June, this FY budget is structurally balanced, meaning on-going revenues account for all on-going appropriations. We are continuing to take steps toward fiscal recovery after the recession and the unprecedented 10 declared disasters we have endured.
Fund balance carry-over has resulted in the availability of one-time funds for needed projects including roofs on the courthouse and for jail phase II. Fund balance carry-over is available primarily because of the 23% General Fund and 22% County-wide employee vacancy rate. During FY 2018-19 County departments utilized 89% of budgeted payroll which is the lowest we have seen in many years.
Property tax: The net total tax roll percentage increase for FY 2019-20 is 5.61%, which is a 2.28% increase over FY 2018-19's 3.33% net total tax roll. Additionally, starting in 2018-19 and continuing for two additional FY's, the County will receive property tax backfill for losses resulting from the wildfire disasters. (The County did not receive property tax backfill for our losses in FY 2016-17 or FY 2017-18.)
Sheriff: Staff is recommending reinstating the $150,000 transfer from budget unit 1892 to the Sheriff's office, and the $100,000 transfer from budget unit 1918 to the Sheriff's office for Middletown patrol services. By si...
Click here for full text