Memorandum
Date: June 16, 2020
To: The Honorable Moke Simon, Chair, Lake County Board of Supervisors
From: Carol J. Huchingson, County Administrative Officer
Subject: a) Consideration of the FY 2020-21 Recommended Budget
b) Consideration of the proposed Resolution Amending the Position Allocation Chart for FY 2020-21 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 2020-21 Final Recommended Budget
Executive Summary: (include fiscal and staffing impact narrative): Presented for the consideration of your Board is the proposed Recommended Budget for Fiscal Year 2020-21. 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 required by law, the proposed Recommended Budget is balanced, meaning that there is sufficient revenue to support recommended appropriations. Fiscal Year (FY) 2020-21 Recommended Budget is structurally balanced, meaning that it reflects only the use of ongoing funds to support ongoing operational costs.
As your Board is aware, the Recommended Budget process began with the Auditor-Controller's Office replicating the Adopted Budget figures from FY 2019-20. The Administrative Office then worked with departments to update capital assets, insurance accounts and inventory items. These adjustments were needed to bring Department's budgets in line with potential expenditures from July 1, 2020 until the Final Recommended Budget is approved in September.
Capital assets were reduced from FY 2019-20 Adopted Budget from $48,960,780 to $21,157,445 which is a difference of ($27,803,335). The capital assets included are almost all funded by sources other than the General Fund and the responsible Department Heads have advised that expenditures are possible prior to...
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