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HomeMy WebLinkAboutMINUTES - 08081995 - C109 x /09 TO: BOARD OF SUPERVISORSs.. Contra c FROM: Costa Phil Batchelor, County Administrator . ; ,. . .. 4o Count DATE: August 8, 1995 SUBJECT: 1994-1995 FINAL BUDGET ADJUSTMENTS SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATIONS: 1. AUTHORIZE the Auditor-Controller to record, in the financial accounting system, fiscal year 1994-95 appropriations and revenues adjustments, prior to Board approval, for the various budget units by reallocating and balancing budgeted and actual expenditures and revenues. 2. DIRECT the Auditor-Controller, with County Administrator approval, to submit 1994-95 year-end appropriation adjustments for Board approval in September. 3. AUTHORIZE the Auditor-Controller to make technical adjustments to the 1994-95 budget when actual amounts are known. BACKGROUND: The Auditor-Controller's Office establishes a budget closeout schedule each year in order to provide for an orderly accounting of revenues and expenditures. This schedule provides for reports to be furnished to the Grand Jury in August. During most years, the established closeout schedule conforms to the budget process. However,this year,the State has not adopted a timely budget and has caused the County to extend the date for final budget adoption. Therefore,the Auditor requires authorization, with County Administrator approval, to closeout the 1994-95 budget in August and provide the required reports to the Grand Jury. The Auditor will submit the year-end adjustments to the Board for approval in September. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON August 8, 1995 APPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE X UNANIMOUS(ABSENT ---------- ) AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. ATTESTED August 8, 1995 Contact: PHIL QLTZHELOR,CLERK OF THE BOARD OF CC: Auditor-Controller SUPERVIS ND COUNTY ADMINISTRATOR County Adninistrator Page 2 Each year, the Board authorizes the Auditor-Controller to make technical adjustments to the final budget when actual amounts are known. This authorization allows the Auditor-Controller to prepare the final budget schedules in accordance with actual revenue receipts, fund balances and expenditures as approved by the Board. Any changes made by the Auditor-Controller will be brought forth to the Board in September for final consideration and adoption.