Item:
Title
Fiscal Year 2020-21 Financial Update (20min)
Body
Date of BOCC Meeting: January 25, 2021
Request for Board Action:
Agenda Text
The Board is requested to receive an update on the FY 2020-21 fiscal outlook. During the FY 2020-21 budget development, the County Manager shared an update would occur midyear on the fiscal operations.
Staff will give an update on current revenue and expenditure patterns from July 1, 2020 through December 31, 2020 and make recommendations on how to manage operations for the remaining of the fiscal year. Additional fiscal updates will occur during subsequent Board meetings.
Alignment with Strategic Plan: Goal 5: Accountable, Efficient and Visionary Government.
Resource Persons: Claudia Hager, General Manger; Susan Tezai, CFO, and Keith Lane, Budget Director
County Manager’s Recommendation: The County Manager recommends that the Board receives the report on the proposed approaches needed to manage expenditures for the remaining of the fiscal year.
Signature
County Manager: ____________________________