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AI- 3110   12. B. 16.    
BOC Regular
Meeting Date: 12/19/2019  
Final 2019 Budget Amendments
Submitted For: Megan Banning FROM: Megan Banning, Finance
Department: Finance  

Information
RESOLUTION:
Resolved, the Calhoun County Board of Commissioners does hereby approve the FY 2019 Final Budget adjustments for the General Fund and several Special Revenue funds as presented.
RECOMMENDATION:
It is respectfully recommended that the Board of Commissioners approve the 2019 Final Budget Amendments as submitted by the Finance Department.
BACKGROUND:
County policy no. 275 states that budget adjustments greater than $20,000 require Board of Commissioner approval.

The Office of the County Administrator/Controller-Finance Department has reviewed all budgetary funds and received input from elected officials and department heads to determine necessary budgetary adjustments based on final projected balances for revenues and expenditures for 2019. The attached budget amendment includes certain General Fund business units (County Administrator, Treasurer, Appropriations, Medical Examiner, Prosecuting Attorney, Public Safety, Community Development, Water Resources, Contingency), several Special Revenue Funds (Accommodations Tax, Public Safety Special Revenue Funds, Drug Court, Road Department, Prosecuting Attorney Special Revenue Funds, Friend of the Court, Parks), and internal service and capital funds (Buildings and Grounds and Central Services).

The net effect of this budget amendment is that all expected expenditure shortages are offset by available revenues in excess of budget, unspent budgeted expenditures, including the contingency line item.  At this time the use of  General Fund balance is not anticipated.
 
ALTERNATIVES:
The Board of Commissioners could choose to not approve these budget adjustments. That alternative is not recommended, as it would result in fund level budget variances that would create an unclear picture of the County's financial status as a whole.  Such Budget variances are also required to be shown and explained in the County's Comprehensive Annual Financial Report (CAFR).
SUMMARY:
In order to present the Comparative Financial Statements (Actual VS Budget) at the fund/activity level properly in the 2019 audited financial statements, the Finance Department requests approval of the attached budget adjustments.

Fiscal Impact
BUDGETARY IMPACT:
All adjustments are covered by anticipated expenditure savings or increased revenues, no use of general fund balance is budgeted.
Attachments
2019 YE Budget Adjustment

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