To: Board of Supervisors, Board of Directors
Department or Agency Name(s): County Administrator’s Office
Staff Name and Phone Number: Natalie Brunamonte 565-8565
Vote Requirement: 4/5th
Supervisorial District(s): Countywide
Title:
Title
Fiscal Year 2020-21 Second Quarter Consolidated Budget Adjustments
End
Recommended Action:
Recommended action
Adopt a Concurrent Resolution adjusting the FY 2020-21 Budget Appropriations by $77 million. (4/5th Vote Required)
end
Executive Summary:
The proposed action adds approximately $77 million of expenditures to the FY 20-21 budget, bringing the gross expenditure budget to $2.76 billion. These increases are financed with $72.9 million in updated sources along with $4.3 million of accumulated non-General Fund balances. The majority of the increased expenditure authority is associated with a $68 million budget adjustment to execute the refinancing of the Tobacco Settlement funds, which the Board approved on 8/18/2020 to take advantage of lower interest rates and generated approximately $6.7 million in proceeds in the County Tobacco Endowment Fund. All adjustments have been made in conjunction with prior Board direction. Details of the requested changes are included in Exhibit A of the attached Budget Resolution.
Discussion:
Throughout the fiscal year, it is necessary for many County Departments, Agencies and Districts to adjust the revenues and/or expenditure appropriations in their budgets. To facilitate this need, the County of Sonoma utilizes quarterly a Consolidated Budget Adjustments process whereby departments submit adjustments to be consolidated into a countywide budget resolution that meet specific criteria, including activities that have received prior board approval, represent clean-up transactions and re-budgets, or meet other ministerial requirements.
A total of 18 departments are requesting budget adjustments through Second Quarter Consolidated Budget Adjustments (CBAs). The proposed CBAs do not include any new programs or initiatives not previously approved by the Board. The proposed action adds approximately $77 million of expenditures to the FY2020-21 budget, bringing the gross expenditure budget to $2.76 billion.
In the General Fund, expenditures appropriations are being reduced by approximately $197,000, which is primarily due to previously approved uses of Contingencies and for which expenditure increases were included at the time of the Board’s approval. In addition, the other larger adjustment in the General Fund is for expenditure and revenue appropriation adjustments that are being made to correct the budget associated with Hazard Mitigation Grant Program funds for Fire Prevention.
In Other Funds, expenditures are increasing by approximately $77.2 million, which is offset by increases in revenues and use of fund balances. The major cause of these changes is the refinancing of the Tobacco Settlement Asset-Backed Bond ($68 million in expenditures/$66 million in revenues). Other significant changes are due to increasing funding for a number of Regional Parks Capital Improvement Projects ($1.6 million), recognizing revenue and expenditures in the Community Development Commission for the Whole Person Care Act Grant ($1.4 million), transferring fund balance from the District Attorney’s inactive Auto Theft Task Force to the Sheriff’s Office fund for the same purpose ($1.46 million) and appropriating PG&E Settlement Funds to Sonoma Water for a tool to support vegetation management decisions ($1.0 million).
Prior Board Actions:
Varied. Please see Exhibit A for the specific Board date associated with each adjustment.
Fiscal Summary
|
Expenditures |
FY 20-21 Adopted |
FY21-22 Projected |
FY 22-23 Projected |
|
Budgeted Expenses |
$77,049,547 |
|
|
|
Additional Appropriation Requested |
|
|
|
|
Total Expenditures |
$77,049,547 |
|
|
|
Funding Sources |
|
|
|
|
General Fund/WA GF |
$456,830 |
|
|
|
State/Federal |
$1,171,040 |
|
|
|
Fees/Other |
$71,772,578 |
|
|
|
Use of Fund Balance |
$4,287,368 |
|
|
|
Contingencies |
-$638,269 |
|
|
|
Total Sources |
$77,049,547 |
|
|
Narrative Explanation of Fiscal Impacts:
Please refer to Exhibit A for departmental budget changes by General Fund and Other Funds.
STAFFING IMPACTS
|
Position Title (Payroll Classification) |
Monthly Salary Range (A-I Step) |
Additions (Number) |
Deletions (Number) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Narrative Explanation of Staffing Impacts (If Required):
None
Attachments:
Concurrent Resolution - Exhibit A, Exhibit A-Table A
Related Items “On File” with the Clerk of the Board:
None