Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Michael P. Callagy, County Executive
Roberto Manchia, County Chief Financial Officer
Subject: Final Budget Changes to the Fiscal Year 2024-25 Approved Recommended Budget
RECOMMENDATION:
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Recommendation to approve the following actions related to final budget revisions to the Fiscal Year 2024-25 Approved Recommended Budget:
A) Adopt a resolution adopting the revised budget of the County of San Mateo as to expenditures for Fiscal Year 2024-25 and making appropriations therefore; and
B) Adopt a resolution adopting the revised budget of the County of San Mateo as to the means of financing for Fiscal Year 2024-25; and
C) Adopt a resolution establishing the appropriation limit for the County of San Mateo for Fiscal Year 2024-25; and
D) Adopt a resolution authorizing an amendment to Master Salary Resolution No.080517 as per Fiscal Year 2024-25 Adopted budget.
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BACKGROUND:
The County Budget Act (Government Code ?? 29000-29144, 30200, and 53065) requires that the Board of Supervisors adopt the County budget by October 2, 2024.
On June 25, 2024, as part of the two-year budget process, the Board of Supervisors approved the FY 2024-25 Recommended Budget. The purpose of this budget transmittal is to adopt the FY 2024-25 Budget, which has been amended to include FY 2023-24 year-end Fund Balance adjustments; changes to local, state, and federal funding sources; increases in benefits; and other adjustments deemed necessary to ensure the effective delivery of services that contribute to achieving County goals.
DISCUSSION:
The FY 2024-25 Recommended Budget that this Board approved on June 25, 2024 was $4.23 billion with 5,847 authorized positions for all County funds. This year, a number of the ongoing projects that were originally scheduled for completion in FY 2023-24 did not conclude as anticipated for a variety of reasons, thus requiri...
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