To: Martin L. Cousineau, Finance Committee Chairperson
From: Chrystal Simpson, Chief Financial Officer
title
RE: Approval of a proposed amendment to the 2023-2024 Appropriations Resolution for various line items as described in the attached budget adjustment form
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 the 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:
• Amend grant budgets for VOCA and STOP grant to agree to final agreement
• Reclassification of expenses in the Medical Insurance Fund, ARPA funds, and Planning grant fund
• Increase revenue for ATPA funding
• Amend budget for GCCARD facilities
• Increase the drains at large appropriation-Actual expense is higher than the budgeted amount based on historical data
• Increase revenue and expense for Brownfield Fund
• Increase expenses in Sheriff forfeiture fund for the purchase of training shirts
• Re-establish the budget in the courts capital project fund -4011
IMPACT ON FACILITIES:
None
IMPACT ON TECHNOLOGY:
None
IMPACT ON INDIRECT COSTS:
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 December 6, 2023 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.