To: Board of Supervisors
From: Marc Shorr, Information Technology Director
Report Title: APPROVE Budget Amendment No’s. BDA-24-00264 through BDA-24-00272.
☒Recommendation of the County Administrator ☐ Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE Budget Amendment No’s. BDA-24-00264 through BDA-24-00272, authorizing adjustments to the Department of Information Technology (0147) and Telecommunications (0060) expenditure and revenue budgets as part of FY 2023/24 budget rebalance of $14,194,131.
FISCAL IMPACT:
This action is to adjust the expenditure and revenue budgets to more accurately reflect budgetary requirements for the Department of Information Technology (0147) and Telecommunications (0060) for FY 2023/24. There is no additional net county cost.
BACKGROUND:
The budget adjustments have been necessitated by changes in revenue projections. The initially approved FY 2023/24 budget included more expenditure transfers and fewer revenue transfers, which necessitated this realignment. This adjustment aims to more accurately align the budget with current expectations for expenditure transfers and revenue collections. The only changes involve reallocation from the 2000-5000 expense accounts to the 9000 revenue accounts.
CONSEQUENCE OF NEGATIVE ACTION:
Appropriations for estimated revenues will not be properly reflected in the FY 23/24 budget.