Agenda Item Name:
Title
Public Hearing to Amend the FY22 Budget for Alachua County
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Presenter:
Tommy Crosby, 352-337-6205
Description:
Public Hearing to Amend the FY22 Budget for Alachua County
Recommended Action:
Recommended Action
Adopt resolutions and approve the budget amendment
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Prior Board Motions:
N/A
Fiscal Consideration:
Fiscal Consideration
Various funds within the approved FY22 Budget will be amended.
Total of all adjustments: $ 7,021,975
New FY22 Total $729,932,091
General Fund adjustments ($ 13,919,549)
New FY22 General Fund $220,104,473
Please see attached Budget Amendment January 2022-ADA.pdf for details
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Strategic Guide:
All Other Mandatory and Discretionary Services
Background:
Typically the Board amends the budget 3 times a year. Once in November, called “Carry-forward” to allow budget to bring forward to cover prior year encumbrances, contracts and projects not in the adopted budget. A second in January or February as better financial information from the prior year is revealed and current trends are established. And finally, in May or June when the prior year Annual Financial Reports are completed and beginning fund balance are finalized. The Budget Amendment January 2022 - Explanation is attached to provided more information.