Item Number: 24.
MEETING DATE: 1/14/2020
DEPARTMENT: COUNTY ADMINISTRATION OFFICE
DEPT HEAD/DIRECTOR: Ray Espinosa
AGENDA ITEM PREPARER: Stewart Patri
SBC DEPT FILE NUMBER: 119
SUBJECT:
COUNTY ADMINISTRATION OFFICE - R. ESPINOSA
Accept Fiscal Year 19/20 Quarter One Financial Report.
SBC FILE NUMBER: 119
AGENDA SECTION:
REGULAR AGENDA
BACKGROUND/SUMMARY:
The County Administration Office would like to present to the Board of Supervisors, Department Heads, and the public the Fiscal Year (FY) 19/20 Quarter One Financial Report.
Overall County performance shows that total expenditures were at 13% of the total County-Wide appropriated budget through quarter one of FY19/20. The following table outlines County fund performance:
County of San Benito
Budget Performance (Expenditures) through 9/30/2019
|
Fund
|
Amended Budget
|
YTD Amount
|
% Expended
|
|
General Fund1
|
59,029,029
|
8,971,026
|
15%
|
|
Special Revenue Funds
|
73,675,079
|
8,917,650
|
12%
|
|
Capital Projects Funds
|
10,740,329
|
897,548
|
8%
|
|
Special Districts & Other Agencies2
|
1,544,790
|
100,472
|
7%
|
|
Enterprise Funds
|
3,712,987
|
111,793
|
3%
|
|
Total
|
148,702,214
|
18,998,489
|
13%
|
Notes:
1. General Fund includes OPEB and Risk Management budget and actual amounts.
2. Includes County Service Areas and Community Facilities Districts (previous reports included these under Special Revenue Funds).
Detailed information can be found in the Quarterly Financial Report submitted to the Board of Supervisors and attached hereto.
BUDGETED:
SBC BUDGET LINE ITEM NUMBER:
CURRENT FY COST:
STAFF RECOMMENDATION:
Accept Quarter One Financial report for FY19/20.
ADDITIONAL PERSONNEL:
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