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Conduct a noticed/published hearing to consider adoption of the FY2017/18 Recommended Budget
a. County Administrator's presentation of the FY2017/18 Recommended and Supplemental Budget
b. Recommendations for consideration and action regarding the FY2017/18 Recommended Budget and Supplemental Budget documents, including technical adjustments proposed at this hearing
c. Public Comment of the FY2017/18 Recommended Budget
d. Selection of budget units for discussion and Board of Supervisor members' comments
e. Board discussion of budget units selected for discussion by functional area
f. Continue FY2017/18 Recommended Budget Hearings as needed until conclusion
g. Public Comment of the FY2017/18 Recommended Budget
h. Adopt the Budget and Position Resolutions for FY2017/18 and other recommendations included in the Recommended Budget, Supplemental Budget and technical adjustments from the Board budget hearings
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Published Notice Required? Yes __X__ No _ _
Public Hearing Required? Yes __X__ No _ _
DEPARTMENTAL RECOMMENDATION:
The FY2017/18 Recommended Budget of $1,005,317,305 is a balanced budget utilizing a combination of funding from State, federal and local revenues, tax revenues, fees for services, transfers from designated reserves and fund balance carryover from FY2016/17. It is important to note that while the budget is mathematically balanced, relying on one-time funds and the use of fund balance, it is not structurally balanced. Ongoing revenues are lagging and are not at this time growing at a pace that's kept up with operating costs. For FY2017/18 we are in some cases anticipating flat funding and in Public Safety Proposition 172 and AB 109 a decline. Further, while Property Tax revenues (a local funding source) has increased year after year since FY2012/13, a recent CSAC study shows Solano County still receives less tax revenue per capita than at pre-recession peeks, after adjustments for inflation. Uncertainty remains...
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