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:
• Amendment to properly classify REDC revenue.
• Adjustment to HazMat budget to reflect updated process.
• Establish budget for temp services for ROD tech.
• Amendment to Sheriff forfeiture for increased cost in purchase of body worn cameras.
• Adjustment to Self Help budget to match grant.
• Adjustment to Ignite MEDC grant approved K9 expenditures.
• Adjust CSBG budget to match grant award.
• Amend Weatherization budget to account for training costs.
• Amendment to capture an increase in bond paying fees and offsetting revenue.
• Establish Director of Communications budget.
• Increase budget for marijuana tax based on actual amount received.
• Increase budget for office supplies and training for new employees for fiscal services
• Correct budget amendment from resolution 2024-111 to move equipment budget from CSA
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 March 20, 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.