To: Martin L. Cousineau, Finance Committee Chairperson
From: Chrystal Simpson, CFO
title
RE: Approval of a proposed budget amendment to 2023-2024 Appropriations Resolution for various line items as described in the attached budget adjustment request.
recommendation
BOARD ACTION REQUESTED:
The Office of Fiscal Services is requesting the attached budget amendments to update the fiscal year ending September 30, 2024, budget.
BACKGROUND:
Periodically throughout the fiscal year, amendments are needed to align budget as additional information is available to determine projected actual costs.
DISCUSSION:
These adjustments are needed to adjust revenue and expenditure accounts to reflect actual activity for the fiscal year.
IMPACT ON HUMAN RESOURCES:
None
IMPACT ON BUDGET:
The requested amendments will impact the budget as follows:
• GCCARD DOE adjustment to reflect actual award amounts.
• Establish a copier budget for Legal Records.
• VBRD Grant adjustment to match remaining grant terms.
• Reallocate F&O budget to cover additional phones throughout the county.
• Add copier budget to Register of Deeds.
• Adjust Insurance fund budgets to reflect actual costs for FY 24.
• Realign Parks budgets to reflect actual expenses.
• Establish budget for Circuit court state revenues.
• Adjust Family division budget to reflect actual expenses.
• Transfer of Funds for Dairy Demo project.
• Reclass Prosecutor revenue to correct revenue classification.
• Adjustment to ARPA Planning payroll to reflect actual activity.
• Adjust Planning budget to accurately reflect program income.
IMPACT ON FACILITIES:
None
IMPACT ON TECHNOLOGY:
None
CONFORMITY TO COUNTY PRIORITIES:
Monitoring of Budget to Actual is a function of long-term financial stability.
resolution
TO THE HONORABLE CHAIRPERSON AND MEMBERS OF THE GENESEE COUNTY BOARD OF COMMISSIONERS, GENESEE COUNTY, MICHIGAN
LADIES AND GENTLEMEN:
BE IT RESOLVED, by this Board of County Commissioners of Genesee County, Michigan, that the request by the Chief Financial Officer to authorize multiple budget amendments to the FY24 budget, said amendments being fully described in the memorandum request, is approved (a copy of the memorandum request and supporting documents being on file with the official records of the February 7th, 2024 meeting of the Finance Committee of this Board), and the Chief Financial Officer is directed to make the budget adjustments, as needed, to effectuate this resolution.