Agenda

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County Administrator's Report 12. 3.

BCC Regular Meeting

Technical/Public Service Consent

Meeting Date:	01/08/2015
Issue: 5:31 p.m. Public Hearing Request - Fund Balance Carry-forwards
From:	Stephan Hall
Department:	OMB
CAO Approval:

RECOMMENDATION:

Recommendation Concerning a Public Hearing Request for Fund Balance Carry Forwards - Stephan Hall, Management and Budget Services Interim Department Director

That the Board authorize the scheduling of a Public Hearing on January 22, 2015, at 5:31 p.m., to amend the Fiscal Year 2014/2015 Budget to include fund balance carry forwards.

BACKGROUND:

During the budget process and estimate is made for the amount of unspent monies that will be remaining at the end of the fiscal year.
This amount is budgeted in a fund balance estimate. At the close of every fiscal year a reconciliation is made between the estimate of fund balance, or funds remaining from the previous year and the actual fund balance. The difference is then appropriated into the budget. A public hearing is required to amend the budget in this manner.

BUDGETARY IMPACT:

N/A

LEGAL CONSIDERATIONS/SIGN-OFF:

N/A

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

N/A

Attachments
No file(s) attached.