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File #: 10953-18    Version: 1
Type: Briefing/Report (Dept,BCC) - Action Requested Status: Consent
File created: 6/26/2018 In control: County Council - Regular Session
On agenda: 7/11/2018 Final action:
Title: Discussion and Possible Action on Budget Impact of LANL Contract Award
Presenters: Harry Burgess
Indexes (Council Goals): 2018 Council Goal – Economic Vitality – Collaborate with Los Alamos National Laboratory as the Area’s #1 Employer, 2018 Council Goal – Quality Governance – Operational Excellence – Maintain Quality Essential Services and Supporting Infrastructure Including Updated Enterprise Software and Permitting

Title

Discussion and Possible Action on Budget Impact of LANL Contract Award

Recommended Action

(Action will be dependent on evening's conversations)

Body

WIth the recent announcement of the prime contractor for LANL, the County needs to consider the impact of this change of operators upon its revenue.  At the time of publication, only limited information was available and therefore information will be presented at the time of the meeting.  The general purpose of this conversation is to discuss the various strategies that the County may employ in response to the prime contractor's taxable status.  Such information would be informative in the creation of a revised FY19 budget which is anticipated to be addressed within the coming months.